Greater Shankill Alternatives Limited (A company Limited by Guarantee, not having share capital) Unaudited annual report Year Ended 31 March 2024 Company No: N1033952 Charity No- XR276811 NIC108657
Greater Shankill Alternatives Limited Year Ended 31 March 2024 Table of Contents Page Company Informaknn Report of the Trustees 24 Report of the Independent Examiner Statement of Financial Activiknes Balance Sheet Note5 to the Financial Statements 8-12
Greater Shankill Alternatives Limited Year Ended 31 March 2024 Company Information Trustees The Trustees who served the charity during the period were as follows.. Gary McKay Thomas Roberts Tom Winstone Secretary Gary McKay Registered Office 137 Agnes Street Belfast BT13 1GG Independènt Examiner HMCI Limited Chartered Accountants & Registered Auditors 28-30 Old Mounffield Road Omagh Co. Tyrone B T79 7BJ Registered Charity No. NIC108657 XR27681 Registered Company No. N1033952
Greater Shankill Alternatives Limited Year Ended 31 March 2024 Report of the Trustees The trustees. who are also the directors for the purposes ofcompany law, present their report and the financial statements for the year ended 31 March 2024. structure, Governance & Management Governing Document The organisation is a private company lirnited by guarantee, incorporated in 1 st April 1998. Charity number XR27681. The company was establishèd by a Memorandum of Association and is governed under its Articles of Association. Recruitment and Appointment of Management Committee The directors of the company are also charity trustees for the purposes of charity law and under the company's Articles are known as members ofthe Management Commtttee. Under the requirements ofthe Memorandum and Articles ofAssoGiation the members of the Management Committee are elected to serve for a period of one year after which they must be re-elected at the next Annual General Meeting. Risk Management The Management Committee has conducted a review of the major risks to which the charity is exposed. A risk register has been established and is updated at least annually. Where appropriate, systems or procedures have been established to mitigate the risks the chartty faces. Signfficant external risks to funding have led to the development of a strategic plan which will allow for the diversification of funding and activities. Internal Gontrol risks are minimisèd by the implementation of procedures for authorisation of all transactions and projects. These procedures are periodically reviewed to ensure that they continue to meet the needs of the charity. Organisational Structure Greater Shankill Altematwes has a steering & advisory committee who meet regularly to give advice and direction to GSA. At present the Committee has tèn members from a variety of professional backgrounds relevant to the work of the charity. The secretary also sits on the Committee bLrt has no voting rights. Greater Shankill Alternatives falls under the umbrella of Northern Ireland Alternatives Ltd. The NIA Board meet quarterly and are responsible for the strategic direction and policy of the charity. Objectives and Activities The company's objectives and principle activities are to promote a non-violent restorative community response to justice issues in Greater Shankill. Greater Shankill Altematives will identify needs, often in partnership with local communities and other voluntary and statutory bodies. relating to safety and conflict within communities, and will attempt to heal relationships in a restorative way. At the same time, it hopes to raise community awareness on the issues affecting young people and adults who are deemed al risk.
Greater Shankill Altematives Limited Year Ended 31 March 2024 Report of the Trustees (continued) The rnain objectives and activities of the company are: To organise within the community non-violent alternatives to issues of community justice. To help and work with young people in order to resolve thè problems affecting their livès. To direct young people away from destructive and dangèrous practices and towards healthy and constructive activities. To enable young people to personally reflect on the potentially damaging consequences of risky behaviour. To address arèas of weakness and failure within the formal criminal justice system. To heal relationships within the community and to promote better relationships between the community and statutory agencies. To work towards a sustainable model of delivery for as much of the company's seNices as possible. Achievements and Performance Our achievements and performance over the past year have included community relations programme with 500 people participating whilst 586 young people Invoed in youth intervention and prevention programmes alongside 1-2-1 support alongside family support. Detached Youth Work. GSA provided training and support to over 100 volunteers who participated in organised events such as Detaohed Youth Work. community safety projects. schools programmes and communityfestivab and public artevents. Restorative and mental health awareness training to over 130 people including PSNI officiers. youth workers, church groups and local residents. GSA provided 250 people with crime prevention and community safety information sessions, mediations and furnished 260 people with safety items such as alarms, night lights and safety cans. GSA provided a wrap around restorative support and well being programme to over 100 clients with counselling., exercise and restorative sessions delivered. GSA continued to support over 130 young people in educational and employability programmes. Services Greater Shankill Altematives delivers a wide range of services for the public benefit, but all of them are underpinned by the principles of restorative practice. In essence this involves the healing, repair of broken relationships lo the individual, family and community relationships that lead to crirne, anti-social behaviour and community conflict. SeNices available include: Intensive Youth Support (for individuals). Family Support, Victim Support. Counselling, Preventionllntervention work with Young People, Mèdiation and Community Support on behalf of the Housing Executive and PSNI, employability services, Detached Youth Work, Schools Work across North Beifast both primary and secondary schools. delivering training in restorative practices to a wide client base.
Greater Shankill Alternatives Limited Year Ended 31 March 2024 Reportof the Trustees (continued) Directors. Responsibilities Company law requires the directors to prepare financial statements for each financial period which give a true and fair view of the state of the affairs of the charitable company and of its financial position at the end of that period. In preparing these financial statements, the directors are required to.. select suitable a¢¢ounting poli¢ies and apply them consistently., makejudgements and estimates that are reasonable and prudent,. state whether applicable accounting standards have been followed subject to any departures disclosed and explained in the financial statements., and prepare the financial statements on the going concern basis unless Tt is inappropriate to presume that the company will continue in business. The Directors have overall responsibility for ensuring that the charity has an appropriate system of controls, financial and otherwise. They are also responsible for keeping proper accounting records which disclose wilh reasonable accuracy at any time the financial position of the charty and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hen for taking reasonable steps for the prevention and detection of fraud and other irregularities. ststement of Disclosure of Information to Examiner So far as each ofthe Directors in Offi at the date of approval of these financial statements are aware.. There is no relevant information ofwhich the examiner are unaware; and They have taken all the steps they ought to have taken as Directors in order to make themselves aware of any relevant information and to establish that the examiner are aware of that information. Examiner In accordance with Article 382 of the Companies Act 2006, a resolution proposing that HMCI Limited be appointed as independent examiner of the Company will be put to the Annual General Meeting. Registered office 137 Agnes Street Belfast BT13 1GG Signed by order of the trustees Tom Winstone Secretsry Date.. 1211212024
Greater Shankill Alternatives Limited Year Ended 31 March 2024 Independent Examiner's Report To The Members of Greater Shankill Alternatives Limited We report on the accounts of the company for the year ended 31 March 2024 which are set out on pages 6 to 12. RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER As the charity trustees (and also the direclors of the company for the purposes of company law) you are responsible forthe preparation of the accounts in accordance with the requirements ofthe Companies Act2006. Having satisfied ourselves that the Gharity is not subject to audit under company law, and is eligible for independent examination, it is our responsibility to: • examine the accounts under section 65 of Ihe Charities Act. • follow the ProdureS laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65191(bl of the Charities Act. and •state whether particular matters have come to our attention. BASIS OF INDEPENDENT EXAMINER'S REPORT We have examined your charity accounts as required under section 65 of the Charities Act and our examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(bl of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presènted with those records. Italso included consideration of any unusual items or disclosures in thè accounts. and seeking explanations from you as charity trustees concerning any such matters. Our role is to slate whether any matérial matters have come to our attention giving us cause lo believe= 1. That accounting records were not kept in accordance wilh 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 accordancè 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 can confirm that l am qualrfied to undertake the examination because l am a registered member of Chartered Accountants Ireland which is oné of the listed bodies. I have completed my examination and have no concems in respect of the matters11) to14} 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. Mr Rodney Hamill Bsc FCA HMCI Limtted TIA Hamill Mcllwaine 28-30 Old Mounffield Road Omagh BT79 7BJ Date: 1211212024
Greater Shankill Alternatives Limited Year Ended 31 March 2024 Statement of Financial Activities (incorporating an income and expenditure account} Total Funds 2024 Total Funds 2023 Unrestricted Restricted Notès Income and endowments from: Donations and legacies Other incomtng resources Total Income and endowments 19,152 3,000 22,152 2.300 19,152 3.000 22,152 2.300 Expenditure on: Charitable Activities Total Expenditure Net income I (expenditure) for the year Transfers between funds 18,1391 {8,139) 3,000 (3,000) (11.139) 11,139) (9,777) 19,7 Net movement in funds 10 11,013 11.013 {7,4771 Reconciliation of funds: Total funds brought forward otal Funds arried Fonvar 3,183 14,19 3,183 14,196 10,660 3,183 All income derives from continuing activities. therefore no statement of recognised gains or losses is given. The notes on pages 8 to 12 form part ofthese financial statements.
Greater Shankill Alternatives Limited Year Ended 31 March 2024 Balance Sheet as at 31 March 2024 Note 2024 2023 Fixed Assets Tangible assets CurrentAssets Cash at bank and in hand 2,216 2,216 12,382 12,382 15,009 15,009 Creditors.. amounts falling due within one year NET CURRENT ASSETS {4001 {14,042> 11,982 967 NET ASSETS 14,198 3,183 Represented by: Unrestricted Funds Restricted Fund 11 14,198 3,183 14,198 3,183 For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 ofthe Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for= (a) ensuring that the company keeps accounting records which comply with Sects'ons 386 and 387 of the Companies Act 2006 and (bl preparing financial statements which give a true and fair view ofthe state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwse comply with the requirements of the Companies Acl 2006 relating to financial statements, so far as applicable to the company. These financial ststements were approved by the members of the ¢ommittee and authorised for issue on the 12th December 2024 and are signed on their behalf by-. Tom Winstone Secretary Company Registration Number= N1033952 Charity Registration Number.. NIC108657 The notes on pages 8 to 12 form part of these financial statements.
Greater Shankill Alternatives Limited Year Ended 31 March 2024 Notes to the Financial Statements 1 COMPANY INFORMATION Greater Shankill Alternatives Limited is an incorporated charity registered in Northem Ireland, with its offices located at, 137 Agnes Street, Belfast, BT13 1 GG. 2 ACCOUNTING POLICIES The principal accounting policies adopted, judgements and key sources of estimation in the preparation of the financial statements are as follows: a) Basis of preparation The financial ststements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their aGcounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20151- (Charities SORP (FRS 102), and the Companies Act 2006. b)Preparation ofthe accounts on a going concern basis Due to the level of reserves in place the trustees assess that the charity is a going concem. cl 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. Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. General funds may be transferred to designated funds where Trustees wish to use these funds for a specific purpose. Such funds may be transferred back to general funds once the crtteria for the designation have been met or are no longer applicable. Reslricted funds are funds which are to be used in accordan with specffic restrictions imposed by donors or which have been raised by the Charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. Thè aim and use of restricted funds is set out in the notes to the financial statements. Restricted funds may only be transferred to general or designated funds once the crrteria for restriction have beèn discharged or no longer apply. dl Income Recognition Policies Items of income are recognised and included in the accounts when all of the following criteria are met: The charity has entitlement to the fvnds. any performance conditions attached to the item of income has been met or are fully within the control of the chartty. there is sufficient certainty that receipt of the income is considered probable- and the amount can be measured reliably. e) Donated services and facilities In accordance with the Charities SORP 2015 (FRS 102), the general volunteertime ofsupporters is not recognised. f) Interest Recewable Interest on funds held on deposit is included when receivable and the amounl can be measured reliably by the charity., this is nomally upon notification of the interest paid or payable by the Bank.
Greater Shankill Alternativès Limited Year Ended 31 March 2024 Notes to the Financial Statèments {continued} 2 ACCOUNTING POLICIES (continued) g) Expenditure Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third paty, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditurè is classrfied under the following activity headings.. Expenditure on charitable acttvities includes the promotion and development of music and activities undertaken to further the purposes of the charity and their associated support costs. hlcash at bank and in hand Cash at bank and cash in hand includes cash and short term highly liquid investments with a short rnaturity of three months or less from the date of acquisition or opening the deposit or similar account. il Allocation of support costs Support costs are those functions that asslst the work of the charity but do not directly undertake charitable activttiès. Support costs include back office costs, finance, personnel. payroll and govemance costs which support the charity's programmes and activities. These costs have been allocated to expenditure on charitable activities. j)Tangible Fixed Assets Individual fixed assets are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows: Asset Category: Annual Rate Fixtures & Flttings 250/0 Straight Line The carrying values of tangible fixed assets are reviewed for irnpairmentwhen events or circumstsnces indicate the carrying value may not be recoverable. k) Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any trade discount due. l) Credttors and Provisions Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any tradé discounts due. mlFinancial instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially reGognised at transaction value and subsequently measured at their settlement value with the exceplion of bank loans which are subsequently measured at the carrying value plus accrued interest less repayments. The financing charge to expenditure is at a constant rate calculated using the effecttve interest method. n) Taxation The company is a règistered charity and the charitable tax exemptions are therefore being claimed to the extent that income andlor gains are applicable and applied to charitable purposes only. These exemptions will remain in place as long as income and expenditure is applied to charitable purposes only.
Greater Shankill Alternatives Limited Year Ended 31 March 2024 Notes to the Financial Statements (continued) 3 Income from other resources Unrestricted Restricted 2024 2023 Room Hire & Facilitation Other Income 3,000 3,000 19,152 2,300 19,152 ,15 4 Costs of Charitable Activities by Fund Type Totsl funds 2024 Total funds 2023 Unrestricted Restricted Charitable activities 8,139 3,000 11,139 8,323 11,139 8.323 5 Results forthe year The results for the year has been arrived at after charging the following: 2024 2023 Depreciation 10
Greater Shanktll Alternatives Limited Year Ended 31 March 2024 Notes to the Financial Statements (continued) 6 Analysis of staff costs: No salaries or wages have been paid to employees, including the members ofthe committee, during the period. 7 Related Party Transactions During the period Greater Shankill Alternatives -imited entered into transactions with Northern Ireland Alternatives Ltd, a related party. Amounts due to Nl Alternatwes knmited at the start of the year had been forgnien and reGc>Jnised in the Incomè and Expenditure by increasing the current year other Income. At the Balance sheet date the balance owed was £Nil (2023: £13,642). None of the trustees receive remuneration orother benefitfrorn theirwork with the charity. 8 Tangible Fixed Assets Computer Equipment Fixtures & fittings Total As at 1 April 2023 Addttions 5,816 17,827 23.643 5.816 17,827 23,643 Depreciation As at 1 April 2023 Charge for the year 3,600 17,827 21.427 3,600 17,827 21,427 Net Book Value As at 31 March 2024 2,216 2,216 As at 31 March 2023 2,216 2,216 9 Creditors: amounts falling due within one year 2024 2023 Related party creditor Accrual 13,642 400 14,042 400 400 10 Analysis of movements in funds Opening balance Incoming resources Resources expended Transfer Total funds at between 31 March funds 2024 General fund Restricted fund 3,183 22,152 (11,139) 14,196
Greater Shankill Alternattves Limited Year Ended 31 March 2024 Notes to the Financial Statements (continued) 11 Analysis of net assets between funds Tangible Fixed Assets Net Current Assets Total Unrestricted Income Funds Total 2,216 2,216 11,980 11,980 14,196 14,196 12
Greater Shankill Alternatives Limited Year Ended 31 March 2024 Management Information The following pages do not form part of the statutory financial statements which are the subject of the independent examiner's report on page 5. 13
Greatèr Shankill Alternatives Limited Year Ended 31 March 2024 Detailed Statement of Financial Activities INCOMING RESOURCES 2024 2023 Room hire & facilitation Other income" 3,000 19,152 2,300 Total Income 22,152 2.300 EXPENDITURE CHARITABLE ACTIVITES Professional fees Bank fees Programme costs 400 30 7,893 30 11,109 TOTAL EXPENDITURE 11,139 8,323 NET INCOMINGI{OUTGOING) RESOURCES FOR THE YEAR 11,013 (7,4771 'Other income has been adjusted for the removal of a related paty balance of £13.642 in the year. 14