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2024-03-31-annual-return

Company No. NI678807 Charity No. 108347

Knitted Knockers NI

Financial Statements

For the Period Ended 30/04/24

Page 1

Knitted Knockers NI

Information
Committee Members Joanne Harris
Hope Graham
Linda Ferguson
Anne Thompson
Janice Greer
Lauren Harris
Business Address Brownlow House
Windsor Avenue
Lurgan
BT67 9BJ
Accountants Insight Business Services
53 Bernice Road
Newtownabbey
BT36 4QZ

Page 2

Knitted Knockers NI

Page
Committee Report 4
Accountant's Report 5
Statement of Financial Activities 6
Balance Sheet 7 – 8
Notes to the Financial Statements 9 – 11

Page 3

Knitted Knockers NI

Directors' Report

For the Period Ended 30/04/24

The Committee presents its report and financial statements for the period 30/04/24

Principal activity

Knitted Knockers of Northern Ireland was founded in 2016. Its main purpose is to produce and deliver free hand knit breast prosthetics (knitted knockers) and post-surgery comfort kits to breast cancer survivors across NI bringing confidence and comfort to thousands of women that have had mastectomies.

Committee Members

The committee members who served during the period are as stated below:

Joanne Harris Hope Graham Linda Ferguson Anne Thompson Janice Greer Lauren Harris

This report is prepared in accordance with the organisation’s constitution.

This report was approved by the Committe on ………………………… and signed on its behalf by

Signature ................................ Name ................................

Page 4

Knitted Knockers NI

Independent Examiner's Report to the Members of

Knitted Knockers NI

I report on the accounts of the charity for the year ended 30/04/24 , which are set out on pages 6 - 11.

Respective responsibilities of Committee Members and examiner

Committee members are responsible for the preparation of the accounts in accordance with the the constitution. Having satisfied myself that the charity is not subject to audit and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner’s report

I have examined the charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures the accounts, and seeking explanations from you as charity trustees concerning any such matters.

My role is to state whether any material matters have come to my attention giving me cause to believe:

  1. That accounting records were not kept in accordance with section 386 of the Companies Act 2006

  2. That the accounts do not accord with those accounting records 3. That the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the 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 4. That there is further information needed for a proper understanding of the accounts to be reached.

Independent examiner’s statement

I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention.

D Browne

Derek Browne ACMA Insight Business Services

53 Bernice Road Newtownabbey, BT36 4QZ

Page 5

Knitted Knockers NI

Statement of Financial Activities for the period ended 30/04/24

2024
Restricted Unrestricted
Funds
Funds
Notes
£
£		 2024
Restricted Unrestricted
Funds
Funds
Notes
£
£		 2024
Restricted Unrestricted
Funds
Funds
Notes
£
£		 2024
Restricted Unrestricted
Funds
Funds
Notes
£
£		 2023
Total
£
Incoming Resources
Grant
Donations
Generated Income
Other Income
Total Income
17,783.43
0.00
0.00
0.00
17,783.43		 0.00
16,683.27
791.72
0.00
17,474.99		 17,783.43
14,799
16,683.27
7,958
791.72
18,070
0.00
0
35,258.42
40,827
Expenditure
Charitable Activities
Administrative Expenses
Total Expenditure
17,783.43
0.00
17,783.43		 17,712.12
600.00
18,312.12		 35,495.55
40,246
600.00
600
36,095.55
40,846
Net Incoming/(Outgoing) Resources 0.00 -837.13 -837.13
-19
Net Movement of Funds 0.00 -856.13 -856.13
-19

There are no recognised gains or losses other than the profit or loss for the above financial year. All activities relate to continuing operations

Page 6

Knitted Knockers NI

Balance Sheet As at 30/04/24

Notes 2024
2023
£
£		 2024
2023
£
£
Fixed Assets
Tangible Assets
6
0.00 0
Current Assets
Debtors
Cash at bank and in hand
0.00
3,356.49
3,356.49		 0
8,011
8,011
Creditors: amounts falling due
within one year
600.00 1,598
Net Current Assets 2,756.49 6,413
Total Assets less current liabilities 2,756.49 6,413
Creditors: amounts falling due
after more than one year
Deferred income
0.00 2,820
Net Assets 2,756.49 3,593
Capital and Reserves
Reserve Fund
Proft and Loss Account
Total Funds
3,593.62
-837.13
2,756.49		 3,613
-19
3,594
The directors' statements are shown on the following page
which forms part ofthis Balance Sheet

Page 7

Knitted Knockers NI

Balance sheet (continued)

Directors' statements for the year ended 30/04/24

In approving these financial statements as trustees of the charity we hereby confirm:

For the year ending 30/04/24 the charity was entitled to exemption from audit;

That no notice has been deposited at the registered office of the charity requesting that an audit be conducted for the year ended

Trustee’s responsibilities;

•The members have not required the charity to obtain an audit of its accounts for the year in question,

•The trustees acknowledge their responsibilities for complying with the requirements of the charity with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the constitution.

The financial statements were approved by the Committee on ........................... and signed on its behalf by

Signature ................................. Name .................................

Page 8

Knitted Knockers NI

Notes to the financial statements

For the year ended 30/04/24

1. Accounting Policies

1.1 Accounting convention

The financial statements are prepared under the historical cost convention and follow the recommendations in 'Accounting and Reporting by Charities: Statement of Recommended Practice' issued in October 2000

The charity has taken advantage of the exemption in FRS1 from the requirement to produce a cashflow statement because it is a small charity

1.2 Incoming resources

Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial Activities when receivable. Gifts donated for resale are included as income when they are sold. Donated assets are included at the value to the charity where this can be quantified and a third party is bearing the cost. The value of services provided by volunteers has not been included.

Grants, including grants for the purchase of fixed assets, are recognised in full in the Statement of Financial Activities in the year in which they are receivable.

1.3 Resources Expended

Resources expended are recognised in the year in which they are incurred.

Management and administration costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.

1.4 Tangible fixed assets and depreciation

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Plant and machinery Fixtures, fittings and equipment Motor vehicles

25% straight line 25% straight line 25% straight line

Page 9

Knitted Knockers NI

Notes to the financial statements For the year ended 30/04/24

1.5 Pensions

The pension costs charged in the financial statements represent the contribution payable by the company during the year.

The regular cost of providing retirement pensions and related benefits is charged to the SOFA over the employees' service lives on the basis of a constant percentage of earnings (7%).

of earnings (7%).
2. Grant Income
2024 2023
£
Government Grants 17,783 35,761
3. Operating gain/(defcit)
2024 2023
Operating gain is stated after charging:
Depreciation and other amounts written of 0

Accountant's remuneration		 600 600
4. Employees
2024 2023
Number of employees
The average monthly number of employees
(excluding the Directors) during the year were: 0 0
Employment costs
2024 2023
Wages and salaries 0 0
Social security costs 0 0
Other pension costs 0 0
Total 0 0

Page 10

Knitted Knockers NI

Notes to the financial statements For the year ended 30/04/24

5. Pension Costs

The charity does not operate a pension scheme.

6. Tangible Fixed Assets Tangible Fixed Assets Fixtures,
Plant and fttings and Motor
**machinery ** **equipment ** vehicles Total
£ £ £ £
Cost
At 1 May 2023 0 0 0 0
Additions - - - -
At 30 April 2024 0 0 0 0
Depreciation
At 1 May 2023 0 0 0 0
Charge for the year 0 0 0 0
At 30 April 2024 0 0 0 0
Net book values
At 30 April 2024 0 0 0 0
At 30 April 2023 0 0 0 0
7. Debtors 2024 2023
£
Grant Debtors 0 0
Other Debtors 0 0
Prepayments and accrued income 0 0
0 0
8. Creditors: amounts falling due within one year 2024 2022
£ £
Trade creditors 0 998
Other creditors 600 600
Other taxes and social security costs 0 0
Accruals and deferred income 0 0
600 1,598

Page 11

Knitted Knockers NI

Detailed Statement of Financial Activities

For the year ended 30/04/24

2023
2022
£
£		 2023
2022
£
£		 2023
2022
£
£
Income
Grant
17,783
14,799
Donations
16,684
7,958
Generated Income
791
18,070
Other Income
0
0
Total Income
35,258
40,827
Expenditure
Rent
8,500
6,500
Charitable Activities
21,284
24,312
Ofce Costs
371
1,619
Heat & Light
2,868
6,127
Insurance
0
323
Telephone
1,716
0
Sundry Expenses
0
190
IT & Equipment
0
66
Accountancy & Consultancy
960
600
Maintenance
80
735
Bank fees
317
374
Total Expenditure
36,096
40,846
Surplus/Defcit
-838
-19

Page 12