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 ch￿lty 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 & COmmu￿ty 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¢cOn0￿1C 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 ¢oIlaL￿tiVeIy 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 f0rperfOrn￿nC{ 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¢ Tn￿ts athl other allied statutory bodies. and academic partner5 in Queen'5 University B¢lfa%L to dem(n￿trate 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 qU￿lty care and support s¢ryices to improve the health and wcllbeing of people in ihe community. Our pe￿on-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 respectenagh 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 a￿OrdanCe 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 estin￿t¢S that are re￿Onable and pnu1￿￿ state wh¢th¢r applicable accounting standards have been followed. subject to any Mat￿la1 departures disclosed and explained in the r￿ja￿l8] 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 d￿cloSe 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 I￿egularlties. In so far as the trustees are aware". theTC is no r¢levant audit inforniation of which the chaTitable CoMpan￿S 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. inco￿OratIng a 5tr*¢gi¢ rep)r¢ approved by order of the board of tn￿tee$, as the company directors, on 6 D￿mber 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 Cond￿ted 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 apprOpri￿e 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 Tn￿letS 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 f￿ancial statcrnents does not cover the other InfOrn￿tion 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 inf0M￿tiOn 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 Inde￿ndent 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 n￿lerial 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 ov￿lde 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 a￿unting ¢sttmates and related disclosures niade by the knstees. Perfomi analytical pr(￿ur&S to identify any un￿u81 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 M￿lIfy 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. a￿Ong 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 respOn￿bilitieS for the audit of the fittancial statements is located on the Financial Reporting Council's website at www.frc.OTg.uklaudittKsrwonsRbilities. This d￿criptiOn forms part of our Report of the IndqtndentAudito Use of our report This report is mad¢ sol¢ly to the charitable compatt￿s 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 EPIDoWME￿s 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(EXPEND￿uRE) (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¢cO￿lt10n 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 r￿e1Ved 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 ex￿nditUre on the objects of thg charity and include project management carried out at Headquarters. Wh¢r¢ support costs cannot be d]r￿tlY 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 inc￿￿ed Én seeking voluntary contributions and do not include the costs of dISse￿Inating information in support of th¢ charitable activitics. (fj Tangible fixed assets Tangibl¢ f￿ed 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 SYsten￿tl¢ 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 OUts￿￿ding 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 ¢.1￿u￿￿8nces. 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 CoMpan￿S 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 s￿cIal 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￿(CredIti￿g). 31.3.24 31.3.23 Depreciation - owned ass¢ts Hire of plant and machinery 19,172 4,086 19,172 2.867 AuD￿oRS1 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 defe￿e￿ 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) R￿trIcted 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 a￿ve 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. RE￿TED 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