CHARITY REGISTRATION NUMBER: X0145289 Family Caring Centre Financial Statements 31 March 2024 D C CORR AND COMPANY Chartered accountants & statutory auditor 29B Main Street Randalstown County Antrim BT413AB
Family Caring Centre Financial Statements Year ended 31 March 2024 Page Officers, annual report Independent auditor's report to the members Statement of financial activities Statement of financial position Notes to the financial statements 10
.Family Caring Centre Officers. Annual Report Year ended 31 March 2024 The officers present their report and the financial statements of the charity for the year ended 31 March 2024. Reference and administrative details Registered charity name Family Caring Centre Charity registration number NIC107874 (and with HMRC X0145289) Principal office 1- 5 Somerset Park Rathenraw Antrim Co Antrim BT412TE The offlcers John Burns {Chairperson) Raymond McBride (Treasurer) Jordon McKay (Secretary) Gerald Taylor Noreen Mcclelland Billy Gould Stephen McKay Patrick Mcllwee David Blair Tracy Dewet Audltor D C Corr and Company Chartered accountants & statutory auditor 29B Main Street Randalstown County Antrim BT413AB Structur6, governanco and management Governing Document The charity is governed by its constitution which was adopted in 1995. Recruitment and Appointment of Management Committee Members of the Management Committee are appointed by invitation by the chairperson. Once appointed, there is no requirement for the re-election of members. Members of the Centre can be co- opted by the Management Committee to become fully voting members, whereas persons representing the interests of appropriate statutory authorities can be co-opted but only as non-voting observers.
Family Caring Centre Officers. Annual Report (continued) Year ended 31 March 2024 Objectives and activities The charity's objects and principal activities are.. to advance education and relieve suffering and distress among families in Rathenraw, Co. Antrim and the surrounding district, and to establish a Family Caring Centre in the area of benefit to assist such people, without distinction of sex, age, religious or political opinion, in improving their conditions of life. The strategies employed to assist the charity to meet these objectives include the following'.- providing, maintaining and equipping premises and facilities designed to carry out the objectives of the Centre. organising or assisting in organising classes, lectures, meetings, exhibitions, events and activities consistent with the objectives of the Centre. recruiting, training and employing both employees and volunteers with relevant skills to carry out the work of the Centre. providing or assisting in providing information, advice and support to families in need and referring those in need of professional assistance to relevant statutory or voluntary agencies. co-operating to such an extent as may be necessary with voluntary and ststutory agencies and the inhabitants of the area of benefit so as to advance the said objectives. raising funds and inviting or receiving contributions from any person or persons whatsoever by way of subscription, donation or otherwise. promoting and carrying out, or assisting in promoting and carrying out, research, suNeys and investigations and publishing the useful results thereof. Achievements and perforrnanee The charity has been able to meet its objectives but only so far as its limited funding during the year has allowed. Financial review Reserves Policy Due to difficulties in finding continuing sources of funding and the consequent need to obtain one-off funding from a variety of sources the Management Committee has not been able to formulate specific policy on reserves. The overall strategy is to build sufficient reserves to fund the charity's day- to-day activities for a period of three months but until long-term funding can be obtained this will not be possible.
.Family Caring Centre Officers. Annual Report (continued) Year ended 31 March 2024 Officers, responsibilities statement The officers are responsible for preparing the officers, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in Northern Ireland requires the charity officers to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the charity for that period. In preparing these financial statements, the officers are required to.. select suitable accounting policies and then apply them consistently., observe the methods and principles in the applicable Charities SORP., make judgments and accounting estimates that are reasonable and prudent., stste whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The officers are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act (Northern Ireland) 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The officers. annual report was approved on 3 October 2024 and signed on behalf of the board of trustees by: Jordan McKay Trustee
Family Caring Centre Independent Auditor's Report to the Members of Family Caring Centre Year ended 31 March 2024 Opinion We have audited the financial statements of Family Caring Centre {the 'charity') for the year ended 31 March 2024 which comprise the statement of financial activities, statement of financial position and the related notes, including a summary of significant accounting policies. The financi21 reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland {United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements.. give a true and fair view of the state of the charity's affairs as at 31 March 2024 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended., have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice., have been prep8red in accordance with the requirements of the Charities Act (Northern Ireland) 2008. Basls for opinion We conducted our audit in accordance with International Standards on Auditing (UK) IISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtsined is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going conc8rn In auditing the financial statements, we have concluded that the officers, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on Ihe work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least tMelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the officers with respect to going concern are described in the relevant sections of this report.
Family Caring Centre Independent Auditor's Report to the Members of Family Caring Centre (continued) Year ended 31 March 2024 Other infomiation The other information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. The officers are responsible for the other information. Our opinion on the financial statements does not cover the other information 2nd, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Matters on which we are required to report by exceptlon In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the officers, report. We have nothing to report in respect of the following matters in relation to which the Charities Act (Northern Ireland) 2008 requires us to report to you if, in our opinion.. the information given in the officers, report is inconsistent in any material respect with the financial ststements., or adequate accounting records have not been kept., or the financial ststements are not in agreement with the accounting records and returns., or we have not received all the information and explanations we require for our audit. Responsibilities of officers As explained more fully in the officers, responsibilities statement, the officers are fesponsible for the preparation of the financial statements and for being satisfied thal they give a true and fair view, and for such internal control as the officers determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the officers are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the officers either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.
Family Caring Centre Independent Auditor's Report to the Members of Family Caring Centre (continued) Year ended 31 March 2024 Auditorfs responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraLtd is detailed below.. 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 risks of material misstatement of the financial ststements, whether due to fraud or error, design and perform audit procedufes responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override 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 internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the officers. Conclude on the appropriateness of the officers, use of the going concern basis of accounting and, based on the audit evidence obtained, whether 8 material uncertainty exists related to events or conditions that may cast significant doubt on the charity's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the charity to cease to continue as a going concern. Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation,
Family Caring Centre Independent Auditor's Report to the Members of Family Caring Centre (contlnued) Year ended 31 March 2024 We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. Use of our report This report is made solely to the charity's members, as a body, in accordance with section 65 of the Charities Act (Northern Ireland) 2008. Our audit work has been undertaken so that we might state to the charity's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charity and the charity's members as a body, for our audit work, for this report, or for the opinions we ve formed. Dermot Corr FCA D C Corr and Company Chartered accountants & statutory auditor 29B Main Street Randalstown County Antrim BT413AB 3 October 2024
.Family Carlng Centre Statement of Financial Activities Year ended 31 March 2024 2024 Restricted funds Total funds Total funds 2023 Unrestricted funds Note Income Donations and grants Total income 12,716 12,716 137,055 137,055 149,771 149,771 149,099 149,099 Expenditure Expenditure on charitable activities 7,373 139,485 146,858 137,719 Total expenditure 7,373 139,485 146,858 137,719 Net income and net movement In funds 5,343 {2,430) 2,913 11,380 Reconciliation of funds Total funds brought fOard Total funds carried forward 49,376 52,046 101,422 104,335 90,042 54,719 49,616 101,422 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 10 to 17 fomi part of these financial statements.
.Family Caring Centre Statement of Financial Position 31 March 2024 2023 2022 Note Fixed assets Tangible fixed assets 11 47,756 56,839 Current assets Debtors Cash at bank and in hand 12 15,765 42,355 2,594 48,843 58,120 51,437 Creditors: amounts falling due within one year Net current assets 13 1,541 6,854 56,579 44,583 101,422 101,422 Total assetsloss current liabi15ties 104,335 Net assets 104,335 Funds of the charity Restricted funds Unrestricted funds 49,616 54,719 52,046 49,376 101,422 Total charity funds 14 104,335 These financial statements were approved by the board of trustees and authorised for issue on 3 October 2024, and are signed on behalf of the board by.. Jordan McKay Secretsry The notes on pages 10 to 17 form part of these financial statements.
Family Caring Centre Notes to the Financial Statements Year ended 31 March 2024 General information The charity is a public benefit entity and a registered charity in Northern Ireland and is unincorporated. The address of the principal office is 1 5 Somerset Park, Rathernraw, Antrim, BT412E, Co Antrim. Statement of compliance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act (Northern Ireland) 2008. Accounting pollcl6s Basis of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern There are no material uncertainties about the charity's ability to continue. Judgements and key sources of estimatlon uncertainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reporte¢J. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstsnces. Foreign currencies Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the statement of financial activities, Fund accounting Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the officers for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes.. restricted income funds or endowment funds. 10
Family Caring Centre Notes to the Financial Statements (continued) Year ended 31 March 2024 Accounting policies (contlnued) Incomlng resources All incoming resources are included in the statement of financial activities when entitlement has passed to the charity., it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income.. income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts ft)r the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. Resourc•s expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates.. expenditure on raising funds includes the costs of all fundraising activities, events, non- charitable trading activities, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned beeen the activities they contribute to on a reasonable, justifiable and consistent basis. Tangible assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. 11
Family Caring Centre Notes to the Financial Statements (continued) Year ended 31 March 2024 Accounting policies (Contlnued) Tangible assets (contlnued) An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as ft)Ilows'. Freehold propety Fixtures and fittings Motor vehicles Equipment 20/0 Straight line 15°/o Straight line 25 % reducing balance 30 /0 Straight line Impalrment of fixed asset8 A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable 8mount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash- generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units. Financial instrumonts A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. 12
Family Caring Centre Notes to the Financial Ststements (Continued) Year ended 31 March 2024 Accounting policies (contlnued) Financial instruments (continued) Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised. Donatlons and grants Unrestricted Funds Restricted Total Funds Funds 2024 Donations MHG Donations Other sundry donations 4,775 7,941 4,775 7,941 Grants Restricted - NHSCT Mental Health Restricted - NHSCT slippage monies Restricted Good Morning Antrim Restricted - USEL Restricted - Antrim & Newtownabbey Council Restricted - Community Foundation 84,516 13,109 28,316 4,364 500 6,250 84,516 13,109 28,316 4,364 500 6,250 12,716 137,055 149,771 13
Family Caring Centre Notes to the Financial Statements (continued) Year ended 31 March 2024 Donations and legacies (continued) Unrestricted Funds Restricted Total Funds Funds 2023 Donations MHG Donations Other sundry donations 5,475 13,392 5,475 13,392 Grants Restricted - NHSCT Mental Health Restricted - NHSCT slippage monies Restricted Good Morning Antrim Restricted USEL Restricted - Antrim & Newtownabbey Council Restricted - Community Foundation 81,626 8,163 30,825 4,118 500 5,000 81,626 8,163 30,825 4,118 500 5,000 149,099 18,867 130,232 Expenditure on charitable actlvltles by fund type Unrestricted Funds Restricted Total Funds Funds 2024 Charitable activities Support costs 4,873 2,500 135,432 4,053 140,305 6,553 146,858 7,373 139,485 Unrestricted Funds Restricted Total Funds Funds 2023 Charitable activities Support costs 4,078 2,552 126,164 4,925 130,242 7,477 6,630 131,089 137,719 Expendlture on charitable actlvlties by activity type Activities undertaken directly Support Total funds costs 2024 Total fund 2023 Charitsble activities 140,305 6,553 146,858 137,719 14
.Family Caring Centre Notes to the Financial Statements (continued) Year ended 31 March 2024 Analysis of support costs Analysis of support costs Total 2024 Total 2023 General office Finance costs Governance costs 3,552 50Q 2,500 3,552 500 2,500 4,40g 569 2,499 6,552 6,552 7,477 Net income Net income is stated after chargingl(crediting)'. 2024 2023 Depreciation of tangible fixed assets 9,083 9,755 Staff costs The average head count of employees during the year was 6 (2023.. 6). No employee received employee benefits of more than £60,000 during the year (2023: Nil). 10. Trustoe remuneratlon and expenses No remuneration was paid to the trustees. 11. Tangible fixed assets Freehold Fixtures and propety fittings Motor vehicles Equipment Total Cost At 1 April 2023 Additions 44,406 86,879 49,965 49,209 230,459 At 31 March 2024 44,406 86,879 49,965 49,209 230,459 Depreciation At 1 April 2023 Charge for the year At 31 March 2024 23,067 888 56,853 6,827 44,491 1,368 49,209 173,620 9,083 23,955 63,680 45,859 49,209 182,703 Carrying amount At 31 March 2024 20,451 23,19g 4,106 47,756 At 31 March 2023 22,227 17,034 7,299 46,560 15
Family Caring Centre Notes to the Financial Statements (contlnued) Year ended 31 March 2024 12. Debtors 2024 2023 Prepayments and accrued income 15,765 2,594 13. Creditors: amounts falling due within one year 2024 2023 Trade creditors Accruals and deferred income 4,529 2,325 6,854 1,541 1,541 14. Analys58 of charltable funds Unrestricted funds At 1 April 2023 At 31 March 2024 Income Expenditure General funds 49,376 12,716 (7,373) 54,719 At 31 March 20 23 At 1 April 2022 Income Expenditure General funds 37,139 18,867 (6,630) 49,376 Restricted funds At 1 April 2022 At 31 March 2024 Income Expenditure Restricted Funds 52,046 137,055 (139,485) 49,616 At 31 March 20 23 At 1 April 2022 Income Expenditure Restricted Funds 52,903 130,232 1131,089) 52,046 16
Family Caring Centre Notes to the Financial Statements (continued) Year ended 31 March 2024 15. Analysis of net assets between funds Unrestricted Funds Restricted Total Funds Funds 2024 Tangible fixed assets Current assets Creditors less than 1 year Net assets {1,860) 58,120 {1,541) 54,719 49,616 47,756 58,120 (1,541} 104,335 49,616 Unrestricted Funds Restricted Total Funds Funds 2023 Tangible fixed assets Current assets Creditors less than 1 year Net assets 4,793 51,437 (6,854) 49,376 52,046 56,839 51,437 {6,854) 101,422 52,046 17