## **Zero Waste North West** 

## **Report and Financial Statements** 

**Year Ended 30 June 2022** 

**Charity Number NIC108127** 



**Zero Waste North West** 

**Report and Financial Statements Year Ended 30 June 2022___________________** 

## **Report of the trustees for the year ended 30 June 2022** 

The trustees are pleased to present their report together with Receipts and Payments Accounts and the Independent examiners report on the accounts for the year ended 30 June 2021. 

## **Reference and administration details** 

Charity Name Zero Waste North West Other names known by ZWNW Charity Number NIC108127 Principal Address 7 Brompton Court Derry BT47 6FQ Independent Examiner Laurie Duffy L Duffy & Co Chartered Accountants 12 Queen Street Derry BT48 7EG Bankers The Co-Operative Bank 

Trustees Marian Teresa Farrell Mary Webster Ruth O’Callaghan Paula Larkin Maeve O’Neill Mary McGuigan Katie Duddy James Graham Jim Keys 

**Page 1** 



**Zero Waste North West Report and Financial Statements Year Ended 30 June 2022___________________** 

## **Structure, governance and management** 

The charity is governed by its constitution and is constituted as a trust. Trustees are appointed and meet no less than 6 times per year. 

## **Objectives and activities** 

The objects of the charity are the advancement of environmental protection and improvement to reduce the environmental impact of residential and commercial waste by promoting reducing, reusing, recycling together with product redesign and sustainable waste management. The charity promotes sustainable development by the preservation, conservation and the protection of the environment and the prudent use of natural resources and by promoting sustainable means of achieving economic wellbeing and regeneration. 

. 

## **Achievements and performance** 

In 2020-2021 Zero Waste North West, while organising most meetings online, remained connected to and engaged with networks of environmental activists throughout Ireland and Europe, worked in partnership with Derry City and Strabane District Council to support the Zero Waste City Region process, set up the first Cloth Nappy Library in the North West and in Nov 21 will be opening the first Zero Waste Hub to host the Nappy Library, the Use Less Shop, Fair trade and Lifecycles bicycle rescue and repair. 

**Page 2** 



**Zero Waste North West Report and Financial Statements Year Ended 30 June 2022___________________** 

## **Financial review** 

The charity had unrestricted reserves of £993 at 30 June 2022 (£2,056 – 2021). 

The charity does not have a policy on reserves as all monies raised are used to fund the company. 

## **Independent examiners** 

A resolution will be proposed at the AGM that L Duffy & Co Chartered Accountants be re-appointed as independent examiners to Zero Waste North West for the ensuing year. 

The trustees declare that they have approved the trustee’s report above. 

Signed on 4 November 2022 on behalf of the charity’s trustees by 

**Mary Webster Trustee** 

**Marian Farrell Trustee** 

**Page 3** 



**Zero Waste North West Report and Financial Statements Year Ended 30 June 2022___________________** 

## **Income and Expenditure Account for the year ended 30 June 2022** 

**Page 4** 



**Zero Waste North West** 

## **Report and Financial Statements Year Ended 30 June 2022___________________** 

||**Unrestrict**|**Restricted**|**Total**|**Last year**|
|---|---|---|---|---|
||**ed funds**|**funds**|**funds**|**2021**|
||||**2022**||
||**£**|**£**|**£**|**£**|
|**Receipts**|||||
|Grants                       Note 2||26,085|26,085|10,000|
|Other Income            Note 3|13,270|9,090|22,360|211|
||______|______|______|______|
||**13,270**|**35,175**|**48,445**|**10,211**|
|**Payments**|||||
|Wages||2,582|2,582|2,259|
|Programme Costs    Note 4|6,941|8,338|15,279|1,853|
|Hub Costs                Note 5|4,008|8,955|12,963||
|Insurance|145||145|293|
|Telephone and advertising|12||12|195|
|Zoom|144||144|108|
|Website Fees|968||968|128|
|Access NI||10|10|43|
|Volunteer expenses|1,305|1,537|2,842||
|Repairs and maintenance||531|531||
|Subscriptions|15||15|231|
|Accountancy Fees|550||550|400|
|Bank charges|92||92||
|Depreciation|153||153|153|
||______|______|______|______|



**Page 5** 



## **Zero Waste North West** 

## **Report and Financial Statements Year Ended 30 June 2022___________________** 

||**14,333**|**21,953**|**36,286**|**5,663**|
|---|---|---|---|---|
|**Net Receipts/(Expenditure)**|**(1,063)**|**13,222**|**12,159**|**4,548**|
|**Funds brought forward**|**2,056**|**4,941**|**6,997**|**2,449**|
||**______**|**______**|**______**|**______**|
|**Total Funds Carried**|**993**|**18,163**|**19,156**|**6,997**|
|**Forward**|||||
|**tatement of assets and liabilities at 30 June 2022**|||||
|||**2022**||**2021**|
|||**£**||**£**|
|**Fixed Assets**|||||
|Computer||**154**||**307**|
|**Current Assets**|||||
|Bank Current Account||19,552||7,090|
|||______||______|
|||19,552||7,090|
|**Current Liabilities**|||||
|Accruals||(550)||(400)|
|||______||______|
|**Net Current Assets/(Liabilities)**||**19,002**||**6,690**|



## **Statement of assets and liabilities at 30 June 2022** 

**Page 6** 



**Zero Waste North West** 

**Report and Financial Statements Year Ended 30 June 2022___________________** 

||______|______|
|---|---|---|
|**Net Assets/(Liabilities)**|**19,156**|**6,997**|
||**______**|**______**|
|**The funds of the charity**|||
|Funds brought forward|6,997|2,449|
|Net Receipts/(Expenditure)|12,159|4,548|
||____|____|
|**Total charity funds**|**19,156**|**6,997**|
||**____**|**____**|
|Approved by the trustees on 4 November 2022 and signed on their behalf by|||



## **Mary Webster Marian Farrell** 

**Page 7** 



**Zero Waste North West Report and Financial Statements Year Ended 30 June 2022___________________** 

Notes to the Financial Statements For Year Ended 30 June 2022 

**Page 8** 



**Zero Waste North West** 

## **1. Accounting Policies** 

## **Accounting convention** 

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: 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) issued on 16 July 2014 (as updated through Update Bulletin 1 published on 2 February 2016), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act (Northern Ireland) 2008, the Companies Act 2006 and UK Generally Accepted Accounting Practice. 

## **Fund accounting** 

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. 

## **Incoming resources** 

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. 

## **Resources expended** 

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 

## **Tangible fixed assets and depreciation** 

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter. 

Computer        -     33% straight line 

## **Taxation** 

The charity is exempt from corporation tax on its charitable activities. 

**Page 9** 



**Zero Waste North West** 

## **Report and Financial Statements Year Ended 30 June 2022___________________** 

## **2. Grants** 

|**2022 2021**|**2022 2021**|**2022 2021**|
|---|---|---|
||**£**|**£**|
|National Lottery<br>15,900 10,000|||
|Collaboration for Change|1,000||
|DCSDC|1,000||
|Arnold Clark|1,000||
|CFNI|2,000||
|Keep NI Beautiful|2,900||
|The Honorable The Irish Society|800||
|Council Grassroots Funding|985||
|Unity Bank|500||
|_______|_______||
|**26,085 10,000**|||



## **3. Other Income** 

|**2022 2021**|**2022 2021**|
|---|---|
|**£**<br>**£**||
|Donations<br>9,450 42||
|Members Fees 64|169|
|Kit Hire|165|
|Hub Income|8,288|
|Useless Shop|509|
|Fair Trade|535|
|Life Cycles|2,990|
|The Gathering|359|
|______|______|
|**22,360 211**||



**Page 10** 



**Zero Waste North West** 

## **Report and Financial Statements Year Ended 30 June 2022___________________** 

## **4. Programme Costs** 

## **5. Hub Costs** 

|**2021 2020**|**2021 2020**|
|---|---|
||**£**<br>**£**|
|Nappy Kits<br>552|<br>1,853|
|Laundry|304|
|Useless Shop Stock|733|
|Fair Trade Stock|4,676|
|Life Cycle Costs|2,542|
|ZW Parenting 180||
|Toy Library|616|
|Cloth Nappy Library Pilot|1,681|
|Repair Café|3,069|
|Hub Launch|704|
|Miscellaneous 222||
|_______|_______|
|**15,279 1,853**||
|**2022 2021**||
||**£**<br>**£**|
|Rent|6,350|
|Insurance|343|
|Hot Desk|522|
|Phone 583||
|Maintenance|658|
|Electricity|770|
|Sundry Expenses|74|
|Rates|1,948|
|Branding|1,500|
|Rent St Columbs Park 215||
|______|_______|
||**12,963**|



**Page 11** 



**Zero Waste North West** 

## **6. Resources Expended** 

**To** tal resources are stated after charging: 

||**2021**|**2020**|
|---|---|---|
||**£**|**£**|
|Accountant’s remuneration|550|400|
|Depreciation|153|153|
|______|______||



## **7. Trustees’ Remuneration and Benefits** 

There was no trustees’ remuneration or other benefits for the year ended 30 June 2022 nor for year ended 30 June 2021. 

## **Trustees’ Expenses** 

There were no trustees’ expenses paid for the year ended 30 June 2022 nor for the year ended 30 June 2021. 

## **8. Staff Costs** 

||**2022**|**2021**|
|---|---|---|
||**£**|**£**|
|Wages and salaries|2,582|2,259|
|Social security costs -||-|
|_______|_______||
||**2,582**|**2,259**|
|_______|_______||



**Independent examiner** ’ **s report to the trustees of Zero Waste North West (charity number NIC108127) on the accounts for the year ended 30 June 2022 set out on pages 3 to 8** 

## **Respective responsibilities of trustees and examiner** 

**Page 12** 



**Zero Waste North West** 

## **Report and Financial Statements Year Ended 30 June 2022___________________** 

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 65(3) of the Charities Act (Northern Ireland) 2008 and that an independent examination is needed. 

It is my responsibility to 

- ⬧ examine the accounts under section 65 of the Charities Act (Northern Ireland) 2008 Act, 

- ⬧ to follow the procedures laid down in general directions given by the Charity Commission (under section 65 of the 2008 Act), and 

- ⬧ to state whether particular matters have come to my attention. 

## **Basis of independent examiner** ’ **s statement** 

My examination was carried out in accordance with general Directions given by the Charity Commission.  An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records.  It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. 

## **Independent examiner’s statement** 

In connection with my examination, no matter has come to my attention 

1. Which gives me reasonable cause to believe that in, any material respect, the requirements: 

   - ⬧ to keep accounting records in accordance with section 63 of the Charities Act (Northern Ireland) 2008; and 

   - ⬧ to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2008 Act 

   - have not been met; or 

**Page 13** 



**Zero Waste North West** 

## **Report and Financial Statements Year Ended 30 June 2022___________________** 

2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

**Signed:** 

**Date: 4 November 2022** 

**Laurie Duffy Fellow of the Institute of Chartered Accountants in Ireland** 

**L Duffy & Co Chartered Accountants 12 Queen Street Derry BT48 7EG** 

**Page 14**