REGISTERED COMPANY NWMBER= Nt032252 (Northern Ireland) REGISTERED CHARITY NUMBER: NIC107726 ort of tbe Trnstees and Financial Statements for tbe Year Ended 31 March 2024 for Ardmona h Famil And Communi Limited Llmlted b GD2rantee Grou Acom an Lynn Drake & Co IAd Statutory AuditotS I st Floor 34 B-D Main Street Moira Co. Annagh BT67 OLE
Ardmoua Limited h Fgml And Communl Grou Contents of the Financial Statements for the Year Ended 31 March 2024 Page Reference and Adminlstrative Detsils Report of the Trustees 2 to 13 Report of the Independent Auditor5 14 to 17 Statement of Ffinanci41 Acllvltles 18 Statement of Finxllcial Position 19 ststement of Casb Flows 20 Notes to the Ststem¢Dt of Cash Flows 21 otes to the Finaneial Statemellts 22 to 34 Detailed Ststement ofFinancial Activities 35 to 36
Ardmona Limited h Faml And Communi Grou Reference and Admlnlstrative Details foy the Year Ended 31 March 2024 TRUSTEES R Hyland (resigmed 11312024) M Rodgers Chairnian R L McDonaJd (resi.oned 191712023) A Kerr G MaTshall S Stewart Ms S Rogan (appointed 291312024) Mrs C Mccann (appointed 291312024) C Mac Giolla Mhin (appointed 81412024) COMPANY SECRETARY RGMay REGISTERED OFFICE 61-63 Ardmonagh Gardens BcJf&%t Co. Antrim BTI18DX REGISTERED COMPANY N1032252 (Northem Ireland) RECISTERED CHARrrY Null IBER NIC107726 AUDITORS Lynn Drak¢ & Co Ltd Statutory Auditors Ist Floor 34 B-D Main Street Moira Co. Arn)agh BT07 OLE CEO Richard May
ARDCO The Healt of the Community Ardmonagh Family & Community Group Ltd. Trustees report: April 2023-March 2024
Table of Contents l. Objextiv¢s and Acttvities.......... . Strategic Context... .. Mission Statement.................... .. Rights-based Approach......... Key Service Provision........ 2. Public benefit.................. 3. Achievement and perfotmance.... 4. Financial Review............. ..... Reserves policy... .. 5. Future plan$.._. . Business Developm¢nt..............-.. . What have we learned.... 6. Structure, governaJKe and management.......... . Organisational Structure..... . Role of the Board......-.... Governing document............................. . . Goverllan¢¢ of the Charity...... .... ... . .. Indurtion and Training of new Tntsttts........... 7. Trustee R¢sponsibility Ststement...............
l. Objeetlves and Activities The truste¢s who are also dir¢¢tors of the chlty for th¢ PUTposes of thc Companies Act 2006. presenl their report with the fmancial ststements of the chaTity for the year eDd¢d 31 March 2024. Th¢ trustees have adopted the provtsions of Accounting and Rep)rting by Charities: Ststement of Recommended Practice applicable to clwities pr¢paTing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). Str2tegic Context Ardmonagh Family & COmmuty Group (ArdcoTnm) has a long established bistory of delivering much needed health and social care services to meet the needs of the most vuInerablc within our community. We employ approximately 100 staff acro&8 our services which range frotn chtldren's and family's services, to older adults support and domiciliary care services. Our vision &8 an organisation 15 clearly laid out in our Mission Ststem¢nt and Valu¢s StatrADent below and our rights-b&s¢d approach to o work. With decadcs of aperienK we are de¢ply embedded in the loGal community and have a profound understanding of the utiique challenges faced by those we serve. including children. the ¢ld¢rly, individuals and families dealing with disabilities and other health and social issue5, and those expertencing CLO¢cOn01C hardship. Our strateBiC vision is focused on adapting to chall¢Dging and changing needs, such as the increasing demand for quality and accessible health and social care services for our ageing populatii)n& bespoke support foiour¢hildren and famili¢s. and tackEing health and social incqualities. We aim to streDgtheD our role &5 a trust partner ill the (lelivery of integrated health and sc¢ial care services. WOTkillg ¢oIlaLtiVeIy with other providers. local authorities and statutory agencie5. and our other stakeholder4 to ensu that our services remain Cutting edge, icsponsive, accessible, and effective. in secwing our service users, rights and entitlements to meet the n¢¢ds of those who are most at risk. Our 51's stratcgic framework succinctly d¢scribcs our vision and provide5 a stTUCtw¢ for our strategic implementation plan. These strategic priorities forn) the basts of our Operational Plans across alt of our services and sets out specific action Aten and objectives that we work towards tD achie our goals. The themats"c framework moves us towards excdlence and infiuences everythlng from our competitive advantages. recruitment, retention and training of staff. and all areas f0rperfOrnnC{ improvement and growth. In addition. w¢ deterniine perfoTmance indicators Bnd work closely with our stakcholder5 from the voluntary and community sector. Health and so¢ Car¢ Tnts athl other allied statutory bodies. and academic partner5 in Queen'5 University B¢lfa%L to dem(ntrate theways in whtch our success and added social valu¢ is achieved and measured. These aTe Go]L8tantly teviewed and adapted to ensur¢ our seEvices are evidence-based and our perfornJanc¢ l¢vels are of the highest professiona] standards.
The 51'8- Key Strategic Th¢mes INNOVATE INSPIRE INVEST IMPACT INFLUENCE Mission StateJD¢nt To provide high qUlty care and support s¢ryices to improve the health and wcllbeing of people in ihe community. Our peon-cent¢[ed and cornp&ssionale approach ensure5 servic¢s are fit for putpose and that out seNice users receive the standards of care to whicb they are entitled. We also foster a safe aud supportiv¢ environm¢nt for ourstsff that encourages open communication and ongoing learning so they can maxinllse their potential to be the best they can be. Our values are.... We place the community at the Iurt of what we do and approach our vmrk with compassion, dignity and r&sp¢¢t for all. We act with integrity and are accountable for our actions. We listen to and advocat¢ on behalf of our Cornm[ty. acknowledging their right to participate and infiuenrA decisions that afftct them and thcir c7re. We ivwk in parthership with various external agencies to fulfil our shared vision. We build rcspectful relationships with each otherto promote honcsty and authenticity in all that we do. We foster a safc and supportive E¢arning ¢nvironment that meet the n¢eds of all. Rtghts-based Approach At Ardcomm w¢ apply a rights-bas¢d apprnach to all that wc do. This is a way of being and a guiding fraEn¢work that emph&8ises service us¢r advocacy and entit]ement. and the piotection and promotion of umaD rights principles in 811 &%pccts of our engagements, policics and practices. Inthe context of health and social care. this approach ensures tbat our service-users. rights to health, digDity. and equality are respecte<L upheld and proffj<ifrd. It focu5es on empowering individuals by iecognising their right to access quality health and social care and receive scrvic¢5 without discriminatioffj and builds their capacity to Porticipate in decision-making to infonn and shape services. This approach aligns care practice standarii8 With international 5tsndards. ensuring that vulnerable gtoups, such as those with tlealth and social catc need4 disabiliti&4 or margimlised communitlC5, ate not excluded from Decsary servic&8 and ate treated and essed with fairne&s and
Key Service Provision To deliver our vision. we provid¢ high quality support acr a Tange of key svice4 whiGh inGlude; Domlc1112ry Care - DeIivering support and care 5ervice5 within our organisational setting and within the hom¢ to chilthen with complexhnedic.al needs and adults with pbysical and ¢motional disabilities. Older Adults Support Services - Good Moming Wesi BeEfa5( Older Adts Lunch Club & Befriending service. provide relevant supix)rts and bespoke activities to over 55's who rnay feel isolated in the community. We work in collaljoration with other charities and support setvices lo improve our service-us¢rs' daily living situations and ensure their nceds are met. Family Time- Supporting children and families through the pn)fvision of fatnily time support. This service offers a safe artd neutral place wh¢r¢ children of separated famtli¢s can spend time with athts important to them. and where positive relations]ll"ps and ¢ngagements 8Te promotcd and encourage Family Support - Supporting families Belfast wide Ilmugh the pmvision of target¢d farnily specific work looking at many different area5 to improve a family situati(HL Some ar8 of focus health & developmenl family & social r¢l*ioDships, stability or Financial support and employment or advocacy support to navigat¢ engagements with other Profession bodies. Outreaeh - Supporting children ryeriencing differcDt tTaDsitions in lifw wheth¢r this be unplanned placen)ent MOV for lAked After Chiltheffj or school changes foi children ibat have experienced disruption or traum& Working with children on a one4opOll¢ basis. the service aims to promote positivc relationships and build life skills with the children they support A varied and b&spoke service for famili¢$ in need of suppo Children's Resldelltial Home - a spccialised child's tights-based residential unit that provides a saf¢ and secure ¢nvironmenL and indi.1llajIS¢d nurturing care. for cbildten aged 5-1 l years of age. We provide a unique bome ellvi[(¢nt that offers the highest slandards of rights-based, ¢hild- celltred car¢ and carefully planned therapeutic help and support, ov¢r a period of up to two years. for three children WAth emotioDal and behavioural d¢vclopment needs. Ow goal is to work collaboratively with the Childre our extowl partners from the statutory. adeMIC. con]munity and voluntsry sectors. and the children's families. in mthti41isciplinary tean)s. to prq)are our children to transition into long-tenn care settings. 2. Public benefit To kmprove b¢aLth and social Care outcomes for vulnerabl¢ adults and children in dtsadvantagcd communities OT ¢ir¢umstances through the provision of quality SCtVjfeS. The direct ben¢fits which flow from this PUTPOS¢ is evident in the positive impact w¢ have on the Ialth and w¢ll-being of vulnerable dJildreD and adults in disadvantaged Collllnunilies across the Greater Belfast are& Particularly when they are dealingwith challenging and difficult tim¢s in their lives. This putpose dots not lead to hatm. By providing accessible and high-quality health and social care services. we improve outcoTThes for those facing signifjcant cha]leDges. including poverty. disability. social. emotional. behaviouxal and mental health and social ¢xclusion.
Our servirxs are designed to enha a¢s5 to car& promote independence, and support individuals and familias in overcoming the baniers they fac¢ in ackti¢ving a better quality of life. Through OUT work we contributc to reducing health inequalities. improviDg life chances. and fostering stronger. mor¢ resiti¢nt families and co]Dmunities. Ullimately, our rni55ion is to ensure that evayone. regardless oftheir circumstanc&s, h&s access to the ¢are and support they need to tbrive. These benefits are demonstrated through monthty and annual activity rq)orts and outcomBs- based evaluation. A private b¢n¢fit to trustees nwy 2ri8e if the knowledge they din as a tntstee in regard to good governance and health and social care promotion aod r¢gulation is tr3nsferable to anoth¢T setting. Thesebenefits are incidental and necessary to ensure the benefit is provided to the beneficiarie5. To injprove the social and emotional developmcnt of children and young peopl¢ living in disadvantaged communities or circumstances through progran]w and services that support parents, in caring for their childre The public benefit of this PUryKyse is demonstrated t]ough our comDlltment to enhancing the social. emotional and behavioural development of children and young people living in disadvantaged communitirA or circumthces in the Greater Belfast areA. This purFA)sc does not lead to haTnl. By pioviding targeled services. progrdmm¢s and interventions we support them and thos¢ in a caregiving role to strengthen bollds and family COnntionS thu¢by in]PFoving relatio]lP5. We help to create a nurtu environnieiit that fosters und¢tstsnding, lIlenCe, confidence. and emotional well-being in childTen and parents. Our initiatives designed to equip children and parents with the tools and knowledgo th¢y n¢¢d to better support children's development inu)roving outcoroes for firt LTeneTations. Through this approacK ive aim to disrupt the cycle of disadvantage, ¢nsuring that children in our Communities bave the follndation to reach their full poteotial and lead lfilling lives. Th¢s¢ benefits aTe demonsttated thTougb monthly and annual activity Teports and outcomes- based evaluations. A risk may arise if through the provision of family support servi¢&8, a child or parentlcarer is harmed by a member of staff or a mernbeT of staff is Iwnied in the course of their duties. Thesc risks Ore minimised through the implementation of Chtld Protection and Vulnerabl¢ Ath]Lts safeguaTding policies, staff supervision and Lone Working policy and are outweigbed by the overall benefits to children and families. A private benefit to trSteeS may arise if thc knowledge and experience they gain as a truste Ill regard to good governance and family support is transferdble to another setting. Th¢b¢tfits are incidentsl and necessary to ensure the benefit 15 provided to the beneficiarie To impmve th¢ quality of life of c]llldr¢D and people living in disadvantaged communities or circumstances in the Greatcr Belfast area through the provisi¢)n of contact sUprt services. The direct benefits which flow from this puwe is what through tbe provision of family support servir¢s. children are provided with a safe and neutral place for separated families to ¢nabl¢ them to spend lime with one orboth parents and other siblings. The focus is on ensuring that organisatioDS. professionaEs, and Carers. work together to deliver high quality we. This purpose does noi lrad to hami. The beneficiaries of this pwse are chi]dren and yO[g people. tl]eir parents and carets primarily IiviDg in the Grea Belfast Catchment ar¢&
A privat benefit to tTUStees may arise if Éhe knowledge and experience they gain as a truste< in r¢gards, to good governance and early years Es transf¢rable to another setting. These beDefits are demonstrated through monthly and annual activity reports and outcome5- based evaluations. Th¢se benefit5 ar¢ ittcidental and necwary to ensure the benefit is provided to th¢ b¢nefJciaries. To inwrove the quality of domiciliarylpa]liative care of children and adults with physical and emotional disabilities IivAng in disadvantaged comtuuniti¢s orcircumstances through theprovision of c¢ support services. The direct ben¢fits which flow from this purpose 15 that through tbe provision of domiciliarylpalliative care in the eommunity to ohildten and adults with complex medical needs. physical and emotional disabilities. they can b¢ provided with health and sorial w¢ packages specifically tailored to each inthviduai's requirement. The agency is r¢gistered with the Regulation and Quality Improv¢ment Authority. Training is provided by 5p¢ciaEist Health Professionals focustDg on developm¢nt of stsff and COllliDuous improvement. Delivery of a high quatity domiciliary and palliative health and social caTe 5eryices that focuses on core values and in keeping with buDwJ rights is available fo attend to service wets. eeds. This purpo does not lead to harnj. To provide a safe and neutral p]a¢e for looked after children (in the we system) to maintain contact with their birth families and spend time with one or both parents. kin and other siblings. All children have th¢ right trj protectio to fulfil their pOtents. and to adult support to challenge others on their behalf to ensure their rights upheld and Twed. Ev¢ryon¢ has a responsibAhty to support the care and protection of ¢hildren. The direct benefits whicb Ilow from this pwpose is that by providing thi6 service in fa1]Y Contact. and through our residential home. that children will expcri¢nc¢ significant and positive change to th¢ir social and emotional development wbicb will impact upon their position within tbeir mmunity and their chaDCC to have a successful and fulfilled life. Chilthen and their parerttslcarers and adults are facilitated and empowcred to engage with society ID a way that 15 respectfvl aDd beneficial to them. A private benefit to tnteeS may arise if the kw1¢dgc and expuience they gain as a tnistee. in regard to good gov¢rnance and early year5, is transferable to another setting. Our children's. resid¢ntial home is register witb th¢ Regulation and Quality Improvement Authority. Training is provided by specialist and other professionals focusing on development of staff skills. knowIg¢, wtnpetenc¢ and continuo improvement. The5¢ benefits are incidental and necessary to en5urc the bfit is provided tbe benefici8iies. 3. Achievement and perforn]ance The year 2023r24 continued to Present challenge5 for the Arthonagh Family & Cotnmunity Group (Ardcomm). some of which were additional to the previous year ie 'Costs of Living., staff r¢cTuitmenl and retentio and political UDCWtainty around funded and comnmssioned servirxs. 211 of whicb had an impact upon our service users and staff alike. We were tested on our resilience and commitment to deliver our services in a manner that our servic¢users requir4 and which is cxpected of an organisation, which is 'fit for pu¢.. However, as alNvays. we stepped up to the math. Du¢ to the comn)iknent and dedication of our statTwe had an exc¢ptional year and successfully delivered our services and whcre and when required we stepped forward support the rnost Vulnable witbin the cornmuuity.
There remains an ongoing challenge to effect infiuence betwem our role as a v0htary organtsatLOn, delIVIng Services to the most vu]D¢rnble members of our community, but also d¢veloping as a business, improvtng our services whilst keeping an eye on ovr costslexpenditurelprofit and all that this entsits. We are committed to meeting this challenge as the year has Show andhave icmained steadfast ill our resolve to enlMnce our contributton as a vital part of the social and eCQDomic fabri¢ of society through the developmmt of Servi to the most vulnerable. We have a Purpose in providing social value in ajl that we do within our in]mediat¢ community and, as SUC we have a vital role to play in its developm¢nt and in building the capacity of its 8}dents in their pursuit of protecting their health and w¢ll-beÉng an4 by so thing. building a b¢tter futu Whilst our empb2si8 over the years has been OD contitiuing to grow our services both in t¢rn]s of the quality and quantity. 2023r24 has focused on developing and restructuring the organisation against thTS continuing backdrop of immense challenge which does not seem to be easing. The business plans which we developed for our services in 2022123. contiDued to b¢ implemented in 2023124. We continued to develop our 5ervice4 which involved having to make big decision5 regarding where we invesl our resources. This has resultd in us restructuring the Senior Management Team and we aChI¢d our registration with The RQIA for our children"s residential home. for childr¢n aged 5- I l years. in Febrnary 2024. and we (yened for business in May 2024. W¢ are a strong. well-slrnctured organisation. we have our govenwice arrangements embedded and are workyng to the level that illustrdt&s our strenglbs. Our govetnance sEroUPS are all supportino and (klivering the strategi direction and OVeTsight of the organisation. More importantly. we Yah all our staff who work ¢xtremely hanl to deliver our services and tIse who provide vital leaderskup andmanagementrole4 and working alongside the Board. to d¢velop and deliveT our strategic and operational goals. They have helped build an organisation of which we are all Imm¢[ClY prou<L Th¢ visioll. strengths. work and outcomes h2v¢ not l*¢n achieved in isolation from our main financial stakeholders and futMler5: Th¢ Belfast Health aud Social CaK Trnst, The Southern Health and Social care Tn, The Department for Communities: The B¢lfast City Council and The Nortlwn IrelaDd Housing Executive. They have all contributed to the success of this organisation in various ways. La5L but ccrtainly not leasL as the Chair of that Board l am indebted tt) the oth¢r Board mcmber5 who so willinEly give their time and exwtise in the Upwdrd trdjCGt(ry of this organtsation. On behalf of the Boart I would like to commend everyone who is connerted to the organisation for their efforts. The continuing success of Ardcomm is not ollly in m¢¢ting but surpassing our objectiv¢s. This is a testarncnt to the hard worK dedicatio and commitni¢nt ofstsff aDd to thos¢ to whom ive strive to provide quality services. 4. Finwcial Review Reserv¢s policy The Cbarity's policy is to retain a l¢v¢l of free r¢serv¢s. which matches th¢ needs of the organisation, both at the ¢urr¢nt time and in the foreseeabl¢ fits. Th¢ Nerves re(wired should b¢ sufficicDt to m¢¢t corrtmitted grant expenditure and the r(ll1ng costs for a period equivalent to six montlL8 annual expenditure. We hav¢ invested in the restrncturing of the ganisatIon and into setting up and opening a r¢sidential unit for Childre We cOlVe to monitor o)mpliance with tbi5 policy on a regular basis and tbe board will review the appropriateness of the policy annually.
The company had net outgoing rOurCeS for the year of £427.484 (2023: n¢t outgoing r¢sources of £I80.907). which refleeted the decrease in trading activities during the year. Unrestricted funds decreased by £409.698, while Testricted funds decreased by £17,786. While the charity does not typically partske of public fundraislng initiatives. we have been successful in seeking and reeeiving grant ftdlng amounting to £865.671. for this year endtng 31 March 2024. The funding received assistsd us in continuing WAth our aims and objectives, offering vital services in supporting children'5 developm¢nL and providing support to childr¢n, families and adults with additional needs and through diificult periods in their liv. and providing domi¢iliary care to children and adults with complex healt14 social and medical need& S. Future plans The Charity's Statement of Financial Activities shows that the income generated over the period was restricted and unrestricted. The Ttustees hav¢ identifi¢d that annually restricted funds, being made available to the charity may fluctuate. The trustee's plan to continue ivith the existing s¢rvi¢es meeting the needs of peoplc of in the ommunity and fither afield. It promises to be an exciting year for th¢ Ardmonagh Family and Community Group. The contracts are currently secured and in place for the continued delivery of health and s(Kial care services and our aim for next year is to make some cfficiencies and build our r¢s¢rves up again after our sustained invknent into the rtsidential home. our newest initiative. Business Development We have a new Operational Plan and 5-year Strategic Plan (2024-2029) that we use as a fram¢woTk to deliver the organisations vision and mission. in the presenL while also keeping an ¢y¢ on the future. All s¢rvic¢s and activities. resourc¢4 perforn]ance and outcomes align with these documents to ¢nsure that we remain focused on achieving our goals. Our business strategy is ccntred on securing contracts and opportunities to maintain and develop our services throughout the Belfast area and further afield. Ardcomm plays a key fiJnction in th¢ deliv¢ry of these strategies and seeks to ensure that our outcomes map onto our projected targets. The organisation has also embedded the OBA framewoTk throughout our services showing clear outcomes that mirror the program for governmenL We advocate for and ensure that the needs of th¢ lo1 cotnmunity and our service users are r¢fl¢ctcd wh¢n responding to public and government ¢onsuEtations issued and to ¢xcrt influence through representstion on lo1 and regional strategic bodi¢s and committees in each of the service delivery area As the work of ATdcomm wntinues to grow and develop, stsk¢holders and service u5¢rs aT¢ increasingly drawn from outside of the Belfast area in ffsponse to opportunities arising. We will continue to focus on shaping and providing qualty Iahh and social Gar¢ service provision and ¢mploy more experienced and quallfied profe55ionals a¢ro&8 allied and rclated health and social caTe dAsc(plin¢s. This will ensure we have the knowledge and skills to deliver our s¢rvices with best practise at the forefront. This past year. we have undertaken a programm¢ of tivItieS such as a review of the organisation and all of its services. This resulted in the identification of thc following key priority areas that infomi the trustees, perspective of th¢ future direction of the charity. Ikvelopment of our governancc and complian¢¢ procedures: Dev¢lopm¢nt of a marketing plan for the organisatto Development and restructuring of Business Plans for each s¢rvice io
Benchmarking of remuneration for staff, and Succession plannitig. particularly for the role of CEO. What have we learned How we conducted our review of the organisation to develop our n¢w stsategic direction, helped us to identify gaps and areas for improvement within th¢ organisation. some of which we have already COEnmenced and T¢Ctifie others remain opportunities for us to continue to develop. Lessons learne<L detailed below. have influenced futur¢ plans and tsisions about devcloping our setvices and staff. and all(Kating resources to their best effecL We have learn that. ganisation culture and ethos is the in)portant beétock on which higb standar(ts and good practice and that this filters down to frontlin¢ staff through good l¢adership and manag¢ment. W¢ advocat¢ and challenge for service user5 at all ttmes - to ensure that their voices heard and their views are consideT¢d in shapingpolicy andpractirK and relevant and sustainable services. Whilstwe keep a focus on ourgoals, we aT¢ mindful that change can happen and wc are flexible to adapt and i¢t quickly. If we need to amend our goals ID line with the changing or fluctuating landscape we are agile and willing to do this. We valu¢ 2nd support our staff because they work bard ID challenging fields to deliver serYic¢s to the most vulnerable. W¢ are implementing initiatives and schcmes that foster that sense of valu¢ and pride. We coniinu¢ to delop a prof¢ssional approach in all that we do where we are need to be passionate about our work bui also behave in such a way that flts con]petence. rdiability and reSpeCtfiness. Ther6 is a challeDge in managing changc particularly when p¢ople do not tnlly understand the change and why it i5 ncccssary. They may resist and push back It is importaot to ensure that Cornmunication within the organisation is streamtined and that everyone Can shate their views. We do not work in silos but in lIabaliVe partnerships with other stake1[derS. We must Durturc our profrssional Working latiOnshIP by networking and getting iovolved in Meanin initiatives. to enable u5 to share experience and knowledg¢ for the benefit of all. We f¢el this internal sfflitiny and int¢rrogation of wbat wc do and how we do it has brought about major changc in our organisatioffj whtch is still ongoin& This t8S with it fresh understandings and Opportuniti but also new dIlen]M and challeDgu. The main challenge for us ts to keep going in the pursuit of ¢xcLllence and encourage those around us to do this too. ftn the best interests of our s¢rvice Use *)d the community as a whol li
6, Sthicture, governance and managanent Organisalional Structure Below are details of the organisational structure of end of March 2024. "BO3K"dKi È_4.7, Carole& 5ippg.iyaff . Role of th¢ Board The Board of Ardcomm, at the end of Mar¢h 2024. consisted of 6 memb¢rs made up of individuals with diverse backgrounds irt industy and public life who have specialist knowledge, experieThcA and skills in areas such as commerce. fllwice. academia and h¢alth & social care. Overall. the role of the Board is to govern 2nd not to manage the organisatiotL Operational manacemcnt 15 the responsibility of the lef EXCtiv¢ Officer (CEO) and S¢nior Management Team (SMT). It is recognised that the Board may st¢p into operational tt5 to protect the intcrests of the orgauisatio when il is cl&v that the Board believ¢ the SMT are not perfonlling their duties up to the standard required which may iesult in placing tkn¢ organisation at TISL Governing (tocunt Th¢ charity is controll¢d by its governing docum¢nL a dead of trust, and cOtitut&s a limitcd ¢ompany. limited by guarantee, as defitted by the CompaDies Act 2006. Govenwice of the Charity During the period under review the directots met monthly. Truste£&ldirectors are appoint¢d by nomtnatians made in writingby any aisting Chair. At the Annual General Meeiingnominated directors are appointed by election. InthKtion and Training of new TnCeS New Trustees Intervie Screened and provided with fvll infonnation to bTief them on theiT legal obligatio$ Ulld the clwity and company law. Two new Tntee8 were appointed during the year. using the tlexibiiity provid by the Artlcles of Associatio 12
- TRUSTEKS, RESPONSIBILITY STATEMENT The trustees (who are also the directors of Ardox>nagh Family And Community Group Limited foi the PUTposes of company law} are responsible for preparing the Report Df the Tn35tees and the financial statements in aOrdanCe with applicable law and United Killgdo Accounting Standards (Ullited Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Company law Tequires the trustees to prepar¢ financial ststcments for each flljancial ycar which give a true and fair view of the stste of affaizs of the charitable company and of the incoming resources and applicatlOD of resource4 including the income and expenditure. of the charitable company for that period. In preparing those financial statemeDt4 the tnLStces are requircd to 5el¢rt buitable accounting policies and then appty them CODSiStentlyJ observe the methods and principles in th¢ Charity SORP: ake judgements and estint¢S that are reOnable and pnu1 state wh¢th¢r applicable accounting standards have been followed. subject to any Matla1 departures disclosed and explained in the rjal8] statements; prepare the financial Statements on the going collcern basis Unl it is inappmpriate to presume that ihe harilable company will continue in business. The trustees ar¢ responsible for keeping proper accoullting records which dcloSe with reasonabl¢ a¢curdCy at any tirne the financial position of the charitsble company and to enable them to ensure that the flllancial stAtcments comply with th¢ Companies Act 2006. Thcy are also responsible for saf¢g7Jarding the asset5 of the charitable company and h¢Drx for taking reasonable steps for th¢ prcv¢ntion and detection of fraud and other Iegularlties. In so far as the trustees are aware". theTC is no r¢levant audit inforniation of which the chaTitable CoMpanS auditots unaware: and the trustees have taken all Steps that they ought to have tsken to rnake thems¢lves aware of any relevant audit infornjation and to ¢stablish that the auditors are aware of that infonnation. AUDITORS The auditor8, Lynn Drake & Co will be proposed for rMppoinln)ent at the forthcoming Annual General Meeting. Report of the trustees. incoOratIng a 5tr*¢gi¢ rep)r¢ approved by order of the board of tntee$, as the company directors, on 6 Dmber 2024 and signed on thc board's behalf by: M Rodgers 13
ort of the Inde ndent Auditors to the Trustees and Members of Ardm(Trna h Famil And Cornmuni Grou Litaited OpiDioll We have audited the fmancial statements of Ardmonagh Family And Community Group Limited (the 'charitable company? for the year ended 31 March 2024 which comprise th¢ Statement of Financial Activitie4 ihe Statement of Financial Position. the Statement of Cash Flows and notes to the financial statement4 including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). including Financial Reporting Standard 102 The Financial Reporting Standard applÉcable in the UK and Republic of Ereland,. In our opinion the financial statements: give a true and fair vi¢w of the state of the charitable company's affairs a5 at 31 March 2024 and of its incoming resources and application of resources. including its income and expenditUTe. for the year then ¢nded; have be¢n properly prepared in accordance with United Kingdom Gen¢rally Accepted Accounting Pra¢tic¢, including Financial Reporting Standard I02 The Financial Reporting Standard applirable in the UK and Republic of Ireland and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinio We Condted our audit in accordance with International Standards on Auditing (UK) (FSAS (UK)) and applicable law. Our responsibilitics under thos¢ standards are further described in the Auditors, TespoTTsibtlities for the audit of the financial statements section of our t¢port. We are indepcndejit of the charitable Company in accordance with the ethical r¢quirem¢nts that are relevant to our audit of the financial stal¢ments in the UK. including the FRC'S Ethical Standard. and w¢ have fulfilled our oth¢r ethical responsibilities in accordance with these Tequirem¢nts. We believe that the audit evidence we have obtained is sufficient and apprOprie to PTovid¢ a basis for our opinio ConclusioD3 relatiug to going eoneern In auditing th¢ financial statements. we have concludd that the trustees, use of the going conG¢m basis of accounting in the preparntion of the financial statements is approptiate. Based on the work w¢ have perfomied. we have not identified any material uncertainties relating to events or conditions that, individually or collectively. may cast signifi¢ant doubt on the charitable ¢ompany's ability to continue as a going concern for a period of at least twelve months from when th¢ fEnancial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going coD¢¢rn ar¢ described in the relevant sections of this report. 14
ort ofthe Inde endent Auditors to the TnletS and Member5 of Ardmona h Famil And Communi Grou Limited Other informAtion The trustees are responsibl¢ for the other information. The other information comprises the information included in the Annual Report, other than the fjnancial statements and our Report of th¢ Independent Auditors thereon. Our opinion on the fancial statcrnents does not cover the other InfOrntion and. except to the extent otherwise explicitly stated in OUT report. we do nol express any form of &%surance conclusion thereon. In connection with OUT audit of the financial ststements, our responsibility is to read the other information and, in doing so, consider whether the other inforniation is matCTially inconslstent with the financial statements or our knowledge obt&in¢d in the audit or otherwise appeats to be materially misstated. If we identify such material inconsist¢nci¢s 01 apparent material misstatemenls, we are required io deteimine whether this gives rise to a material misstatement in the financial statements themselves. If. based on the work we have perfomied, we conclude that th¢re is a material misstatcm¢nt of this other inforniation. we are required to report that fact. We have nothlng to report in this r¢gard. Opinions on other matters prescribed by tbe Companies A¢t 2006 In our opinion, based on the work undertaken in the cours¢ of the audit: the inf0MtiOn given in the R¢port of the Trustees for the financial year for which the financial statements ar¢ prepared is consistent with the financial statements. and the Report of the Trustees ha5 b¢en prepared in accordance with applicable legal requirements. Matters on which we Ydre required to report by extepiion In the light of the knolvledge and und¢rstanding of the charitable company and its environment obtained in the course of the audit. we havc not identified material misstatements in the Report of th¢ Trustees. We have nothlng to report in reS¢t of the following matters where the Companies Act 2006 require5 US to report to you if. in our opinion- adequate accounting records have not be¢n kept or returns adequate for our audit have not been receiv¢d from branches not visited by us" or the financial statements are not in agreement with the accounting r¢¢ords and rehErnS' or certain disclosures of twstees, T¢muneration specified by law are not made: or we have not received the information and explanations we require for our audit. Responsibilities of trustee As explained mor¢ fully in th¢ Trustees. Responsibilities Ststemcnt. th¢ trustees (who are also the directors of the charitsble company for the purwises of company law) are r¢sponsible for the preparation of th¢ financial stst¢ments and for being satisfied that they give a true and fatr view. and for suGh internal control as th¢ trnsttts detennine is necessary lo enable the preparntion of financial statements that are free from material misstaternent. whether due to fraud or crmr. In preparing the fRnaneial statements. the trustees are responsible for &sIng the charitable company's ability to continue a5 a going concern. disclosyn& as applicable. matter5 related to going concern and usino the going concern basis of accounting unless the either intend to liquidate the charitable company or to cease operations. or have no realisti¢ alt¢rnatAve but to do so. 15
Re ort of the Inde endent Auditors to the Trustees And Members of Ardmona h Famil And Communi Grou Limited Our responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assuranc¢ about wh¢th¢r the financial ststements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Indendent Auditors that includes our opinion. Re&sonable assurance is a high level of assurance. but is not a guarantee that an audit conducted in accoidan¢e with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered nlerial If. individually or in the aggregate, they could reasonabty be expected to influence the economic decisions of users taken on the basis of these financial statements. The extent to which our procedures are capable of detecting TTTegularities. mcluding.fraud is detatled below.. Irregularities. including fraud. are instsnces of non-compliance with law5 and i¢gulations. We design procedures in line iyith our responsibilities, outlined above, to detect material misstatements in respect of irregularities. including fraud. In particular. we looked at where management mad¢ subjective judgements. for ¢xample in respect of accounting estimates that involved making assumptions and Considering future events that are inherently uncertain. We also ¢onsidered potential financial or other pressures. opportunity and molivations for fraud. As part of this discussio we identified the internaI contro15 established to mitigate risks related to fraud or non-compliance with laws and regulations and how managcm¢nt monitor these processes. Appropriate procedur¢s included the review and testing of manual journals and key ¢slimat¢s and judgements made by managcment foT risk of fraud. Based on our understanding of the comFMny and industy, we identified the principal risks of non-compliance with laws and regulations as those thal have a direct impact on the determination of niaterial amounts and disclosures in the financial statements. We evaEuated managemenfs incentiv¢s and OPPk)rtunities for fraudulent manipulation of the financial statements and identified the greatest potential for fraud. We communicated the identifjed laws and regulations throughout the audit team and Temained alert to any indlcations of non-compliance throughout the audiL Audit procedurcs perfonncd include(L but wue not limited to-. Discussions with management including consideration of known or suspected instance5 of non-compliance with laws and regulation and fraud: Reviewing the financial stat¢ment disclosures and testing to supporting documentation. Review of board meeting minutes of thos¢ charged with gov¢inan¢e: In addressing the risk of fraud through management override of controls. testing the appropriatene55 of journal entries and other adjustments: As part of an audit in accordance with ISAS (UK). we exercise professional judgment and maintain professional scepticism throughout the audit. We also".- Identify and assess the rRsks of material misstatemcnt of the financial statements. wh¢th¢r due to fraud or error. desiLm and perform audit procedures responsive to those risks. and obtsin audit evidence tliat 15 suffiri¢nt and appropriate to provide a b&sis for our opinion. Th¢ risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from em)r, as fraud may invoEve collusion, forgery, intentional omissions. mÈsrcpresentation& or the ovlde of internal control. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. but not for the purpose of expressing an opinion on the effectiveness of the charities internal control. 16
and Members of Ardmona Limited hFa And ommuni Evaluate the appropriat¢ncss of accouDting polici&5 used and the reasonablelless of aunting ¢sttmates and related disclosures niade by the knstees. Perfomi analytical pr(ur&S to identify any unu81 or unexpcctcd relationships that may indicate risks of terIal misstatetnent duc to fiaud or enor. Conchmle on the appropriateness of the tru8tees' use of the goiDg concern basis of aco)unting and based on th¢ audit ¢vid¢nce obtain4 whetber a materlal uncthaknty exists related to events or conditions that may cast significant doubt on the chatities ability to continue as a goll conGe4TL If we conclude that a material uncertsinty existy we are required to draw attention in our auditols report to the r¢lated disclosures in the financial statements or, Éf such disclc>suTes are inadequat< to MlIfy our opinioJL Our conclusions are based on the audit evidence obtained up to th¢ dak of our auditovs report. However. future events or conditions may cause the charity to cease lo continue as a going co Evaluate the overall presentation. stniclure. and content of the fiDancial statements. including the di5closurcs and ivhether the fll]ancial 5tat¢m¢nts represent the underlying tYdLsactions and events in a anner that achieves fair presentatio We cornmunicate with those charged wllh gov¢rnance regarding. aOng other matter4 the planned scope and timing of the audit and significant audit fin(bngs. including sigmficant deficiencies in internal control that we identify during our audiL A furt1 descriptioll of our respOnbilitieS for the audit of the fittancial statements is located on the Financial Reporting Council's website at www.frc.OTg.uklaudittKsrwonsRbilities. This dcriptiOn forms part of our Report of the IndqtndentAudito Use of our report This report is mad¢ sol¢ly to the charitable compatts memb¢r4 as a body. in accordance with Chapter 3 of Part 16 of the Cornpanies Act 2006. Ow- audit work has been undertaken so that we might state to the tharitable companls llmbers those matters we are iequired io stst¢ to them in an auditors, rep)rt and for no other PUTpose. To the fulEest extent pernitted bylaw. we do not accept or a55um¢ responsibility lo anyone other than the chatitsble company and the charitsble companys members as a body. for our audit wcrK fo this reporL or for the opinions wc have fornial. Billy Dtake (Senior Ststutory Auditor) for and on behalf of Lynn Dtake & Co Ltd Statutory Auditoss 1st Floor 34 B.D Main Street Moira Co. Annagh BT67 OLE 6 Decembu 2024 17
Ardmona Limited h Fattai And Communitr Gro ststement of Financial Aets"vities Incor oratin gn Income alld EI for the Year Ended 31 March 2024 enditure Account 31.3.24 Total funds 31.3.23 Tolal funds Unrestricted Restricted fund funds Notes INCOME AND EPIDoWMEs FROM t)onations and legacies 2.511 2.511 300 Charitable activities Grants Receivable 2.480 863.191 865,671 898.898 Other trading activities 935,207 935.207 906.073 Total 940,198 863.t91 1.803.389 1,805,271 EXPENDITURE ON Charltable getivities Direct Charitable expense ov¢rnance 1.344,076 5.820 880,977 2.225,053 5.820 1.980.538 5,640 Total 1.349.896 880,977 2230,873 1,986,178 NfT lNCOMEI(EXPENDuRE) (409.698) (17.786) (427,484) (180.907) RECONCILIATION OF FUNDS Total funds l)Tought forward 620.790 297.481 918.271 1,099,178 TOTAL FUNDS CARRIED FORWARD 211,092 279.695 490.787 918.271 The notes forni part of these financial statements 18
ArdmoDa Limfited h Famil And Communl Grou Statement of Financial Position 31 March 2024 31.3.24 31.3.23 Note5 FIXED ASSETS Tangible assets 349,955 369,127 CURRENT ASSETS Debtors Cash at bank 12 127,105 131,912 165,955 401,985 259.017 567.940 CREDITORS Amounts falling due within one year 13 (118.185) (18,796) NET CURRENf ASSETS 140.832 549.144 TOTAL ASSETS LESS CURRENr LIABILIT 490,787 9l8,271 NET ASSETS 490.787 9l8.271 Fuf4DS Unrestricted funds Restricted funds 16 211,092 279,695 620,790 297.481 TOTAL FUNDS 490.787 918.271 The financial statements were approved by the Board of Trustees and authorised for issue on 6 Deceinber 2024 and were signed on its behalf by: rs - Trustee C Mccann - Trustee The notes forn] part of these financial ststements 19
Ardmona Llmited h Famil And Communi Statement of Cash Flows for the Year Ended 31 March 2024 31.3.24 31.3.23 Notes Cash flows from operalfing 2ellvltles Cash generat¢d from operatioTLS (270.073) (204,223) Net ¢&sh used in operating activities (270.073) (204.223) Cbange in ea5h and cash equivajellts ID Ihe reporting period Cash and cash equivalents at tbe beginning ofthe reporting period (270.073) (204,223) 401.985 606,208 Cash and cash equivalents at the end of tbe reporting period 131.912 401.985 Th¢ notes form part of these financial statements 20
Ardmon Limited h Famil And Communi Grou Notes to the Statement of Cash Flows ror the Year Ended 31 March 2024 RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING AcfivITIES 31.3.24 31.3.23 Net expelldlture for the rey)rtfing period (as per the Ststement of Financial Activities) AdjustrneDts for". Dcpreciation charges Decreas¢l(in¢r&2se) in debtors IncTeasel(decrease) in creditors (427.484) (180,907) 19,172 38.850 99,389 E9.172 (31,942) (10,546) Net Cash used in operAtion5 (270,073) {204,223) ANALYSIS OF CHANGES IN NET FUNDS At 114123 Cash floiv At 3113124 Net e&sh C3sh at bank 401.985 (270.073) 131,912 401.985 (270,073) 131,912 Total 401.985 (270,073) 13l,912 The notes forni part of these financial stat¢m¢nts 21
Ardmona Limited h Famil And Communl Grou Notes to the Financial Statements for the Year Ended 31 March 2024 ACCOUNTING POLICIES Basis of preparing Ihe financial statemeRts Summary of significant accounting policies (a) General inforniation and basis of preparation Ardmonagh Family and Community GTOUP is constituted as a company limited by guarantee incorporated in Northern Ireland (N1032252). In the event of the charity being would up, the liability in respcct of the guarantee is limited to £1 per member of the charity. The charity constitutes a public benefit ¢ntity &8 defmed by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicabl¢ to Charities preparing their accounts in accordance with the FinancÉal Reporting Standard applirable in th¢ UK and Republic of Ireland (FRS 102). the Financial Reporting Standard applicable in the United Kingdom and Republic of Ir¢land (FRS 102). the Charities Act (Trlortbern Ireland) 2013. th¢ Companies Act 2006 and UK Generally A¢¢epted Practice as it applies from l January 2015. The financial statements arc prepared on a going concern basis under the historical Cost convention, modified to incftude ttrtsln items at fair val. The financial statements ar¢ presented in sterling which is the functional currency of the charity.. The S]lfiCant accounting policies applred in the preparation of these financial statements are set out below. Thes¢ policies have been consistently applied to all years presented unl¢s5 otherwise stated (b) Funds UnTcstricted funds are available for use at the discretion of th¢ trustees in furtherance of the general objectives of the charity and which have not been designated for other puip05es. Designated funds comprise unrestricted funds that have been set aside by the trustees foi particular purposes, The aim and use of each designated fiuid is set out in thc notes to the financial statements. Restricted funds are funds which are to Ix used in accordance with specific restri¢tion5 imposed by donors or which have been raised by the charity for particular purpose5. The cost of raising and administering such funds ale charged against the specific fund. The aim and use of each restricted fund is set out in th¢ notes to the financial statements. Further explanation of th¢ natUT¢ and purpose of ¢h fund is included in the notes to the financial statements. (c) Income T¢cOlt10n All incoming resources are included in the Statement of Financial Activtties (SOFA) when the charity is legally entitled to the income after any Frforn7an conditions have been met, th¢ amount can be measured reliably and it is probable that the income will b¢ r¢ceived. 22 continued...
Ardmona Limfited h Famil And Communitv Grou Notes to the Financial Statements- continued for the Year Ended 31 March 2024 ACCOUNTING POLICIES - Continued Basts of preparlng the fiuancial statements For donations to be recogniscd thc charity will have been notified of the amounts and the settlement date in writin& If there are conditions attached to the donation and this requires a level of perforniance before entitlement can be obtained then income is deferred until those conditions are Ily rnet or the fulfilment of those conditions is wtthin the control of the charity and it is probable th&t they will be fulfilled.Voluntary income is r¢¢eived by way of grants. donations and gifts and is in¢luded in full in the Ststement of Financial Activities (SOFA) when receivabJ¢. Income rec¢iv¢d from collections is recognised when received. Donated facilities and donated professional services are recogni5ed in income at their fair value when their economic benefit is probable. it can be me&sured reliably and the charity has control over the Item. Fair value is d¢terniined on the basis of the value of the gift to the chanty. For example the anwunt the charity would be willing to pay in the open market for such facilities and services. A corresponding amount is recoEnised in expenditure. No amount is included in the financial ststements for volunteer time in line with the SORP (FRS 102). Further detail is given in the Trustees, Annual Report. For l¢gacie4 entitlement is the earlier of the charity being notified of an impending distribution or the legacy belng received. At this point income is recognis¢d. On occasion legacies will be notified to the harity however it is not possible to measure the amount expected to be distributed. On these occasions, the legacy is treated as a contingcnt ass¢t and disclosed. Income from trading actEvities includes income earned from fundiai5ing ¢vents and tradlng activities to rnis¢ funds for the charity. Incorne is re1Ved in exchange for supplytnu goods and services in order to rais¢ funds and is recognised when entitlement has occurred. The charity r¢c¢ivc5 governtnent grants which are detailed within the notes to these fjnancial statements. Incorne from government and other grants arc Tecognised at fair value when the charity has entitlement after any perforniancc condilions have been me( it is probable that the income will be received and the amount be M&U[ed r¢liabfty. If entitlement is not met then these amounts ar¢ deferred. (D) Exp¢nditur¢ Tccognition All expenditure is accounted for on an accruals basis, in¢lusive of VAT which camiot be recovered and h&$ been classified und¢r headings that a¢Eate all costs related to th¢ category. Expeiiditure is recognised where there ts a legal or constru¢tTV¢ obligation to make payments to third partie5. it is probable that the settlement will be required and the amount of the obligation can bE measured r¢liably. It is categorised under the folloiving headings: Costs of raising funds includes the costs associated with attracting voluntary incomes: Expenditure on charitable activities includes thos¢ costs incurred by the charity in th¢ delivery of its activities and services for its beneficiaries. It includes E#)th costs that can be allocated dii¢¢tly to such activities and those costs of an indirect nalur¢ necessary to support th¢m" and Other expcnditure repres¢nls those item5 not falling into the categories above. lyre¢overabl¢ VAT is charged as an exp¢ns¢ against the activity for which cxpenditure arose. 23 Continued...
ArdmoD2 h Famil And Communl Limited Gro Notes to the Ffinanelgl Statements - continued for the Year Ended 31 March 2024 ACCOUNTING POLICIES- contlnued Basis uf preyaring the fInancial statements Grants payable to third parties are within the charitable objectivcs. Wher¢ unconditional grants arc offernl, this is accrued &8 soon &8 the recipient is notified of thc granL &s this gives rise to a reasonable expectation that the recipient will receive the grants. Where grants are conditional relating to performance then the grant is only ac¢Tued when any unfulfilled Conditions are outside of the Control of the charlty. {e) Support costs allocation Support costs are those that assist the work of the charity but do not directly represent charitable activities and include offic¢ costs. governance costs, athninistrativ¢ payroll costs. They are incurred directly in support of exnditUre on the objects of thg charity and include project management carried out at Headquarters. Wh¢r¢ support costs cannot be d]rtlY attributed to particular headings they have been allocated to cost of raising funds and expendilur¢ on charitable activities on a basis consistent with use of the resources. Premises overheads have been allocated on an insert detail basis and other overheads haye been all(Kated on a b&sis consistent with the use of resources. Fund-raising costs arc those inced Én seeking voluntary contributions and do not include the costs of dISseInating information in support of th¢ charitable activitics. (fj Tangible fixed assets Tangibl¢ fed assets are slated at cost Jess accumulated depreciation and accumulated impairm¢nt losses. Cost includes costs directly attributsblc to making the asset capable of operattno as intended. Depreciation is provided on all tangible fixed assets. at rate5 calculated to write off rhe cost. less estimated residual Value. of each ass¢t on a SYstentl¢ basis over its expected uscful life as folloiys: Frcehold Property 2Yo Straight Line Motor Vehicles 25% Straight Line Computer Equipment - 250/0 Straight Lin¢ (g) Debtors and creditors receivable I payable within onc year Debtors and Creditors with no stated interest rate and receivable or payable withtn one y¢ar are recorded at transaction price. Any losses arising from impairnient are recognised in expenditure. (h) Financial Instruments The charity only ha5 financial &8sets and liabiliti¢s of a kind that qualify as basic financial instruments. Basic financial instruments are initially r¢cognised at transaction value and subsequently measured at settlerngnt value. (i) tmpairment conttnucd...
Ardmona Limited h Fami And Communi Grou Notes to the FiDancial St8tements - coDtiDued for the Year Ended 31 Mareb 2024 ACCOUNTING POLICIES- continued Basts of preparlllg tbe finaDtial statements Assets not measured at fair value are revi¢wcd for any indication that the &%set may bc impair¢d at each balance sheet date. If such indication exists. th¢ Tecoverable amount of the asset. or the assevs cash generating uniL is estimated and compared to the carrying amount. Whcrc the carrying amount oxceeds its recoverable amount, an impaiTment1055 is recognised in profit or loss unles5 the asset is carried at a revalued amount where the impairnient loss is a ¥evaluation decrease. O) Provisions Provisions are recognised when the charity has an obligation al the balance sheet date as a r¢sult of a past event, it is probable that an oufflow of economic benefits will be iequired in settlement and the amount can be reliably ¢stÈmat¢d. (k) Lews Assets acquired under finance le&ses are capitalised and depreciated over the shorter of the lease term and the expected useful life of the asset. Minimum lease payments are apportioned between the finance charge and the reduction of the OUtsding le&8e Iiability using th¢ effective interest method. The related obligations, net of firture finance charges. ate IDcluded in credito. Rentals payable and r¢c¢ivable under operating leases are charged to the SOFA on a straight lÈne basi5 over the period of the lease. (l) Tax No provision is qUired for taxation as th¢ company is defined as a charity for taxation purposes. The charity is a regtstered charity and so such is entitled to certsin tax exemptions on income and profits from investments and surpluses on any trading activities carri¢d on in furtherance of the charitys primary objectives, if these profits aftd surpluses arc applied solely for charitable purposes. (m) Going concern The financial statements have been prepared on a going conc¢rn b&sis as the tnist¢es believe that no material uncertainties exist. The trust¢cs have considered the level of funds held and the expected level of income and expenditure for 12 months from authori5ing these fmancial statements. Thc budgeted income and expenditure is sufficient with the Ievel of reserves for the charity to be able to continue as a going concern. (n) Accounting estimates and areas ofjudgement The Preparation of the fitwicial statements r¢quires management to make judgements. estitnates and assumptions that affect th¢ amounts reporte(L These estimates and judgements are continually reviewed and are based on experlence and other factots, including expectations of futhrc events that believed to be rea50nabl¢ under the ¢.1u8nces. The items in the financial statements where these judgements and estimates have been made includ¢: (i) estimating the Useful economic life of tangible fixed assets (li) property valuation (iii) allocation of expenditutt and support costs 25 continued...
Ardmona Limlted h Fami And Communi Grou Note5 to the Financial Statements - continued for the YeAr Ended 31 March 2024 ACCOUNTllYC POLICIES - rolltinued Related party exemption The charitablc company has taken advantage of exemption, under the tem)s of Financial Reporting Stsndard 102 The Financial Reporting Standard appli¢able in the UK and Republic of Ireland,, not to disclose related paty transactions with wholly owned subsidiaries within the group. Taxation Th¢ charity is exempt from Corporation tax on its charitable activities. Hire purchase and le2SiDg eommltments Rentals paid under operating leases are charged to the Statement of Financial Activitie5 on J straight line b&sis over the period of the lease. Penslon costs and other post-retirement benefits The charitable company operates a defined contribution pension sch¢m¢. Contributions payabl¢ to the charitable CoMpanS pension scheme are charged to the Stat¢m¢nt of Financial Activiti in the period to which they relate. DONATIONS AND LEGACIES 31.3.24 3l.3.23 DonationslFundraising 2.511 300 OTHER TRADING AcfivITIKS 31.3.24 31.3.23 BH&SCT - Family Support BH&SCT - Contact BH&SCT - Domicilary Ca Private - Domicilary Care Private Contact 61.466 11.559 860.390 1.590 202 28.157 6244 865239 4.643 1.790 935,207 906.073 26 continued...
Ardmona Limited h FAmll And Communl Grou Notes to the Finantial Statements - continued for the Ye2T Ended 31 March 2024 INCOME FROM CHARITABLE ACTIVITIES 31.3.24 31.3.23 Activity Grants Receivable Grants 865.671 898,898 Grdnts received. included in the above. are a5 follows.. 31.3.24 31.3.23 Belfast Health & Social Care Trust- Family Support SLA Belfast City Council - Revenue Belfast City Council - Small Grants Good Morning Belfast BH&SCT Contsct SLA DFC Srnall Grant NtHE DornLqnt Accounts Fund NI National Lottery Comrnunity Fund BHSCT Domicilary Care scIal Recognition Community Foundation Nt Community Diversity Fund Extem Asda Civic Dollars Federation of Family Practices SEHSCT 15.955 13,000 18,154 13.000 500 168.146 636,632 149.817 659,169 1.500 i 0.000 10.000 20.000 19.000 8,466 5,000 10,000 800 600 880 200 3,750 865.671 898.898 CHARrrABLE ACTIVTfiES COSTS Support costs (see note 6) Direct Costs Totats Direct Charitable expens¢ Governance 299.093 1.925,960 5,820 2.225,053 5.820 299.093 1,931,780 2.230,873 27 continued...
Ardmona Limited h Fami And Communl Grou Notes to the Finan¢ial Statements- continued for the Year Ended 31 Mar¢h 2024 SUPPORT COSTS Governance costs Management Finance Totsls Direct Charitable expense Governance 1.923.691 2269 1,925.960 5,820 5,820 1.923.691 2269 5,820 1,931,780 NET INCOMEI(EXPENDITURE) Net income/(expenditure) is stated after Chargin(CredItig). 31.3.24 31.3.23 Depreciation - owned ass¢ts Hire of plant and machinery 19,172 4,086 19,172 2.867 AuDoRS1 REMUNERATION 31.3.24 31.3.23 Fees payable to the charity% auditors and their associates for the audit of the chariws financial statements Auditors, remuneration for non audit work 2,000 3,820 2.000 3.640 TRUSTEES, REMUNERATION AIYD BENEFITS There were no trustees, iemun¢ration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. Trnstee5' expeDse5 There were no trustees, expenses paid for the year ended 31 March 2024 nor for the y.ear ended 3E March 2023. 28 continued...
Ardmon9 Limited h Famfil And Communi Grou Notes to the Flnanclal Statements - continued for the Year Ended 31 March 2024 10. STAFF cosrs 31.3.24 31.3.23 Wages and salaries Social security costs (kher pension costs 1.692.530 83.285 33.522 1,497,497 74,800 23.555 1,809.337 1,595,852 The average monthly number of ernployees during th¢ year was as follow5: 31.3.24 89 31.3.23 82 Management & Administration There was two employees with emoluments between £60,001 and £80.000 per annum (2022: One employee) The key rnanagernent personnel of the charity cotnpris¢ of the Chief Executive and Senior management team. The salaries paid to key manwment personnel being the Chief Executive OfFi¢¢r, Deputy Chief Executive Offtcer, Ftnance Manager. and Programme Cwrdinator's during the year tolall¢d £319212 (2023: £246,934) 11. TANGIBLE FIXED A&sYrs Freehold prop¢rty Plant and machinery Computer equipment Totals co&r At l April 2023 and 3 l March 2024 958.601 20.441 11.830 990.872 DEPRECIATION At l April 2023 Charge for year 589,474 19,172 20.441 11.830 621.745 19,172 At 31 March 2024 608.646 20.441 11,830 640,917 NET BOOK VALUE At 31 March 2024 i49.955 349,955 At 31 March 2023 369,127 369,127 29 Continued...
ArdmollA Limited h Famll And Communl Grou Notes to the Finanelal Statements - ¢olltillued for the Year Ended 31 Mareh 2024 12. DEBTORS: ATrIOUNTS FALLING DUE wrrHIN ONE YEAR 31.3.24 31.3.23 Trade debtors BCC Revenuel Small BH&SCT Domicilary Care 112,308 6.500 8.297 159,455 6.500 127.105 165,955 13. CREDITORS: AMOUNTS FALLING DUE wrrIuN ONE YEAR 31.3.24 31.3.23 Trade creditors Social security and other taxe5 Accruals and defee income 28.723 28,677 60.785 13.296 5.500 118,185 l8.796 14. SECURED DEBTS First Trust Bank has a charge over the land and premises ai 6143 Ardmonagh Gard¢ns.Belfast. BTI I 8DX. The charge is dated 23 September 2016. IS. ANALYSIS OF IYKT AssEfs BETWEEN FUNDS 31.3.24 Total fijnds 31.3.23 Total funds UnTCStricted Restricted fund funds Fixed assets Current assets Currcnt Riabilities 81.567 247.710 (118,185) 268.388 1IJ07 349,955 259,017 (118.185) 369.127 567,940 (18.796) 21 I,092 279,695 490.787 918271 30 continued...
Ardmona Limited h Famil And Communi Grou Notes to the Fi#an¢ial Statements - eonthiued for the Year Ended 31 March 2024 16. MOVEMEtYT IN FUNDS N¢t movement En funds At 3113124 At 114123 Unreslricted lunds General fund 620.790 (409.698) 211.092 Restricted fwids Capital Good MorningBelfast Bclfast Health & Social Care Trust- Family Support SLA BROIDFC Capital National Lottery Community Fund Community Diversity Fund SEHscr 224.992 3.943 (12.499) (3,943) 212.493 I,397 57.149 i 0.000 (1,397) (1,254) (10.000) 10.000 1,307 55,895 10.000 1.307 297.481 (17.786) 279,695 TOTAL FUNDS 918271 (427,484) 490.787 Net movement in funds, included tn the above are a5 follows: Incoming resources Resources expended Movement in funds Unrestrleted funds General fund 940.I98 (1.349,896) (409.698) RtrIcted funds Capital Good Morning Belfast BH&SCT Contsct SLA Belfast Health & Social Care Trust- Fwnity Support SLA Belfast City Council - Revenue BROIDFC Capital DFC Small Grant (12.499) (153.760) (659,169) (12,499) (3,943) 149,817 659.169 15,955 13,000 (17.352) (13.000) (1.254) (1.500) (10.000) (10.ooo) (1.397) (1254) 1.500 i 0.000 National Lottery Community Fund Community Diversity Fw)d SEHSCT (i 0.000) i 0.000 1.307 10.000 3.750 (2.443) 863.191 (880.977) (17,786) TOTAL FUNDS 1.803,389 (2.230.873) (427.484) 31 continued...
Ardmona Limited h Famil And Communi Grou Notes to the FAnancial Statements - continued for the Year Ended 31 March 2024 16. MOVEMENT IN FUNDS- eontinued ComparatAves for movement in funds Net movemerTrt in funds At 3113123 At 114r22 Unrestricted funds GeneraE fund 813.830 (193,040) 620.790 Restricted funds Capital Good Morning Belfast Belfast Health & Social Care Trnst- Family Support SLA BRO/DFC Capital National Lottery Community Fund 237.491 (12,499) 3,943 224,992 3.943 I,397 9,292 i 0.000 1,397 57,149 10,000 47,857 285J48 12.133 297.481 TOTAL FUNDS 1.099.178 (180.907) 918,271 32 continu¢d...
Ardmona Limited h Famj And Commutti Groll Notes to the Financial Statements - eontinued for the Year Ended 31 Mareh 2024 16. MOVEMENT IN FUNDS - continued Comparativ¢ net movemcnt in funds. includcd in the ave arc as follows: Incoming r¢sourc¢s Resources expended Movement in funds Unr¢stri¢ted funds General fund 906.373 (1.099,413) (193.040) Restrftcted funds Capital Good Moming Belfast Belfast Health & Social Care Trust - Family Support SLA Belfast City Council - Revenue Beftfast City Council - Small Grants BROIDFC Capital BH&SCT Contact SLA NIHE Domiant Accounts Fund Nl National Lottery Community Fund BHSCT Domicilary Care Special Recognition Community Foundation Nl (12.499) (164.203) (12.499) 3.943 168.146 18.154 13.000 500 (16.757) (13,000) (500) 9292 (636,632) (10.000) (20,000) (9,000) 1.397 9.292 636.632 10.000 20.000 19.000 10.000 8,466 5,000 (8,466) (5.000) 898,898 (886,765) 12,133 TOTAL FUNDS 1.805.271 (1.986.178) (180,907) 17. CONTINGEiYf LIABILrriES A contingent liability exists to repay grants re¢eiv¢d should certain conditions not b¢ fulfilled by the ¢harity. 18. RETED PARTY DISCLOSURES There were no related party transactions for the year ¢ndcd 31 March 2024. 33 continued...
Ardmon2 1411nited h Famil And Commulli Grou Notes to the Finaneffial Statements - eontinlled for the Year Ended 31 March 2024 19. LIMITED BY GUARANTEE The company is limited by guarantee and has no shar¢ capital. 20. WINDING UP Every member of the Company undertakes to contribut¢ to the &gsets of the Company. in th¢ cvent of the same bcftng wound up whilc it is a membcr. or within one year after it ceases to be a member. for payment of the debts and liabilities of the Company conttact¢d bcfore it c¢ases to be a member, and of the costs, oharges and expenses of winding up. and for the adjustment of the riglits of the contributor's among themselves, such amount as may be required nol exceeding one wund. 34
Ardmona Limited h Fsmil And Communi Grou Detailed .Stalem¢nt of Financial Aetlvities for the Year Ended 31 March 2024 31.3.24 31.3.23 INCOME AND EM)OWMENTS DoDation5 and legacies DonationslFundraising 300 Other trading activities BH&SCT- Family Support BH&SCT- Contact BH&scf- Domicilary Care Private- Domicilary Care Private Contact 61,466 11,559 860.390 1.590 202 28.157 6,244 865,239 4.643 1.790 935,207 906.073 Charitable activitie5 Grants 865,671 898,898 Tot21 Ancomlng resourees 1.803.389 1.805,271 EXPENDrruRE Charitable aettvities Equipm¢nt Hir¢ Trdvel and Subsistence Training On stte Catering Costs Return to Dfc Materials Purchased Equipment- Small Value Contact- Project Costs Activities Costs Consultancy Fees Software Subscriptions Repairs & R¢newals Uniforms Premises Expenses Membership & SubscriptiotL8 Staff Redundancy Rent Gifts and Donations Property Depreciation 4,086 90,702 26,341 147 3.943 2.443 5,776 11,925 33.377 15.061 14,784 20.475 3,935 3,105 3,600 11.761 26,000 2.460 19.172 2.867 104.214 34,129 618 724 6,441 8,020 45,163 20.434 11,403 6.425 4.157 2.914 6.192 13.068 26.000 4,200 19.172 299,093 316.141 This page does not forni part of the statutory financial statements 35
Ardmona Lfimited h Famil And Communfi Grou Detailed Statemen* of Flnancial Activitles ror the Year Ended 31 Marcb 2024 31.3.24 31.3.23 Support Costs Management Wages Social security Pensions Rates and water 1,692,530 83.285 33,522 1,408 1.497.497 74.800 23.555 1,245 L Ji Insurance Light and heat Tel¢phone Postage and stationery Advertising Legal & Professional Fees 11,404 27.848 24,188 1,126 4,903 43,477 12,528 21.817 21,904 1.961 4,343 2.660 1.923,691 1.662,310 Finance Bank charges 2.269 2,087 Governance costs Auditors, r¢muneration Auditors, remuneration for non audit work 2,000 3,820 2,000 3,640 5.820 5.640 Total resources expended 2.230.873 1,986,178 Net expenditure (427.484) (180.907) This page does not forni part of the statutory financial statements 36