OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-10-31-accounts

Zero Waste North West

Report and Financial Statements

Year Ended 30 June 2023

Charity Number NIC108127

Zero Waste North West Report and Financial Statements Year Ended 30 June 2023_______

Report of the trustees for the year ended 30 June 2023

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 2023.

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 Farrelll
Mary Webster
Ruth O’Callaghan
Stewart Wright
Conall Morrison
Marcella Di Palo
Anjuli Grantham
Maria Herron
Maeve Leahy
Helen Ni Bhaoighill
Brad Dickinson

Page 1

Zero Waste North West Report and Financial Statements Year Ended 30 June 2023_______

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 2022-2023 Zero Waste North West consolidated our projects with an emphasis on setting up support structures for the volunteers who are running them. We have been reflecting on how we can continue to develop sustainable alternatives while practising and modelling care for each other. We have been making decisions to step back from development, not to look for big funding but to build on the connections we have been making with other groups, strengthening the networks of people who are acting for positive change.

After two years, we are moving the projects from the Zero Waste Hub. The Use Less Shop and Foyle Fair Trade will continue to sell their products and engage with people at community events and local markets. The Cloth Nappy Library team are available for support and the nappy kits can be booked online. The Toy Library is setting up in the Hazelbank Community, providing a model for other communities. Repair Café Foyle continues to coordinate a team of fixers in different community venues, encouraging the sharing of existing local skills. Little Footprints peer support parenting group is now meeting weekly in the Verbal Arts Centre. NW BAPS have a weekly walk and coffee along the River Foyle with an invitation to health care workers to join and learn from women who are

Page 2

Zero Waste North West Report and Financial Statements Year Ended 30 June 2023_______

breastfeeding. Life Cycles outgrew the ZW Hub after a couple of months and have been operating from the Transport Hub with a growing team of volunteers rescuing bikes from landfill, repairing them and training people in bike repair and cycling skills.

In June this year, ZWNW worked with Collaboration for Change, The Gathering and Artitude Climate Action Partnership at the Climate Festival in the Playtrail. We coordinated the Nurturing the Groundswell workshop, bringing together activists working on environmental and economic justice to learn about each other’s work and look for ways of working together.

Some of our projects are considering further development with the possibility of setting up as social enterprises. ZWNW are continuing to provide initial support sharing our experience and connections including signposting to organisations with the expertise needed for this next step. We will continue to work in partnership with the ZW projects developing in new ways.

As climate activists we support the adoption of the Rights of Nature motion by local councils and the implementation of proactive policies including action on restoring the health of Lough Neagh. Our volunteer team continue to provide interactive Climate Fresk and Circular Economy workshops in schools, further education colleges, community groups and businesses.

Financial review

The charity had unrestricted reserves of £1,063 at 30 June 2023 (£993 – 2022).

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

Page 3

Zero Waste North West Report and Financial Statements Year Ended 30 June 2023_______

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 3 November 2023 on behalf of the charity’s trustees by

Mary Webster Marian Farrell Trustee Trustee

Page 4

Zero Waste North West Report and Financial Statements Year Ended 30 June 2023_______

Income and Expenditure Account for the year ended 30 June 2023

Unrestricted Restricted Total funds Last year
funds funds 2023 2022
£ £ £ £
Receipts
Grants
Note 2 7,049 7,049 26,085
Other Income Note 3 9,830 9,830 22,360
______ ______ ______ ______
9,830 7,049 16,879 48,445
Payments
Wages 0 2,582
Programme Costs Note 4 21,189 21,189 15,279
Hub Costs Note 5 7,962 7,962 12,963
Insurance 145
Telephone and advertising 60 60 12
Zoom 144
Website Fees 742 742 968
Access NI 10
Volunteer expenses 112 500 612 2,842
Repairs and maintenance 531
Subscriptions 180 180 15
Accountancy Fees 550 550 550
Bank charges 92
Depreciation 154 154 153
______ ______ ______ ______
9,760 21,689 31,449 36,286
Net Receipts/(Expenditure) 70 (14,640) (14,570) 12,159
Funds brought forward 993 18,163 19,156 6,997
______ ______ ______ ______
Total Funds Carried Forward 1,063 3,523 4,586 19,156

Page 5

Zero Waste North West Report and Financial Statements Year Ended 30 June 2023_______

Statement of assets and liabilities at 30 June 2023

2023 2022
£ £
Fixed Assets
Computer 154
Current Assets
Bank Current Account 5,136 19,552
______ ______
5,136 19,552
Current Liabilities
Accruals (550) (550)
______ ______
Net Current Assets/(Liabilities) 4,586 19,002
______ ______
Net Assets/(Liabilities) 3,586 19,156
______ ______
The funds of the charity
Funds brought forward 19,156 6,997
Net Receipts/(Expenditure) (14,570) 12,159
____ ____
Total charity funds 4,586 19,156
____ ____

Approved by the trustees on 3 November 2023 and signed on their behalf by

Mary Webster

Marian Farrell

Page 6

Zero Waste North West Report and Financial Statements Year Ended 30 June 2023_______

Notes to the Financial Statements For Year Ended 30 June 2023

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 7

Zero Waste North West Report and Financial Statements Year Ended 30 June 2023_______

2. Grants

2. Grants
2023 2022
£ £
National Lottery 15,900
Collaboration for Change 1,000
DCSDC 1,000
Arnold Clark 1,000
CFNI 4,950 2,000
Keep NI Beautiful 599 2,900
The Honorable The Irish Society 800
Council Grassroots Funding 985
Greenpeace 1,500
Unity Bank 500
_ _
7,049 26,085
3. Other Income
2023 2022
£ £
Donations 6,717 9,450
Members Fees 94 64
Kit Hire 19 165
Hub Income 3,000 12,322
The Gathering 359
______ ______
9,830 22,360
4. Programme Costs
2023 2022
£ £
Nappy Kits 552
Laundry 304
Useless Shop Stock 733
Fair Trade Stock 1,091 4,676
Life Cycle Costs 11,542 2,542
ZW Parenting 1,515 180
Toy Library 536 616
Cloth Nappy Library Pilot 1,278 1,681
Repair Café 3,145 3,069
Greenpeace costs 1,430
Hub Launch 704
Miscellaneous 652 222
_ _
21,189 15,279

Page 8

Zero Waste North West Report and Financial Statements Year Ended 30 June 2023_______

5. Hub Costs
2023 2022
£ £
Rent 7,509 6,350
Insurance 343
Hot Desk 522
Phone 583
Maintenance 658
Electricity 270 770
Sundry Expenses 183 74
Rates 1,948
Branding 1,500
Rent St Columbs Park 215
______ ______
7,962 12,963
6. Resources Expended
Total resources are stated after charging:
2023 2022
£ £
Accountant’s remuneration 550 550
Depreciation 154 153
______ ______

7. Trustees’ Remuneration and Benefits

There was no trustees’ remuneration or other benefits for the year ended 30 June 2023 nor for year ended 30 June 2022.

Trustees’ Expenses

There were no trustees’ expenses paid for the year ended 30 June 2023 nor for the year ended 30 June 2022.

8. Staff Costs

taff Costs
2023 2022
£ £
Wages and salaries - 2,582
Social security costs - -
_ _
2,582 2,582
_ _

Page 9

Zero Waste North West Report and Financial Statements Year Ended 30 June 2023_______

Independent examiner’s report to the trustees of Zero Waste North West (charity number NIC108127) on the accounts for the year ended 30 June 2023 set out on pages 3 to 8

Respective responsibilities of trustees and examiner

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

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:

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

Page 10

Zero Waste North West Report and Financial Statements Year Ended 30 June 2023_______

have not been met; or

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

Signed:

Date: 3 November 2023

Laurie Duffy Fellow of the Institute of Chartered Accountants in Ireland

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

Page 11