Recognised with the Charity Commission for Northern Ireland NIC108789 Falls Residents Assoclation Commlttce Re rt and Flnanclal Statements for the YeAr Ended .11" March 2023
FAI.LS RE,SIDEYL TS ASSOCIA'finN CONT Pale LEGAL AND ADMINlS'fRA TIVF INFORMATION COMMITTEE REPORT rNDEPENDENT EXAMtNERS' REPORT STATEMFNT OF FINANCIAL ACTIVITIES BALANCE SHEF.T NOTES TO THE FINANCIAL STATEMENTS
FALL Rb_SIDL.NT" ASSOCIA'ric) LLCJAI. AN'D AD%lINlS'fRAT VF INIIORMA ION Charity Number NIC108789 Con]mittee Members Fra Mc Cann Chairperson Chri8topher Turley Vice Chairy)erson Robert Mcclenaghan Treasurer Lisa Lynn Secretary Gerard Fusco Public Rel2tions Office Other Members Lauren Slane Patrick Walsh Donal O hara Eamon Andrews Joseph Mc faddcn AccountaDIs DMW Accountants {2011) Limited 28 Townsend Street Belfast BT13 2ES Business address l Divis Tower Belfast BT12 4QB
FALLS RF.SIDLN'fS A.4. OC.IATIOL Statement of Committees Responsibilitles Charity law requires trnstees to prepare fmancial statements for ¢ach financial year which give a true and fair view of the stats of affairs of the charity at the year end and of its incoming resourceb and resources expcnded during that year. In preparing those fmÉincial statements. the truslees are required .. sele¢l 8Uttable accounting policies and then apply them consistently. make judgements and estimates that are reasonable and prudent. slate whether applic8ble accounting standards and statements of recommended practice have been followed subject to any departures disclos¢d and explained in the financial statements. and prepare the fanCIal statements on the going Concern basis unless il is inappropriate to presume thal the charity will continue in business. The Irustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial Pobilion of the charity and enable them to ensure thai the financial 8tatements comply with the ChaTitie8 Acl (Northem Ireland) 2008. They are albo r¢¥pon%ible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection ot. fraud and other irregularities. The tru5tecs recommend that DMW AccountantTr (2011) Ltd remain in office until further nolice. This report was approved by the tru.qlees on and Signed on ils behalf by Llsa Lynn Secretary
IDEN ASSOCIATI Independent ExamiTrer's Report to the Charity Trustees of Falls Residents Assoclation I report on the Accounts of the trust for the year ended 31" March 2023, which are set out on Pages 6-10. Respective Reponsibilltles of Charity TrStee$ and Examiner As the charity's trnstees you are responsible for the preparation of the A¢¢ounls in accordance with the Charities Act (Northern Ireland) 2008. It is my rL"sponsibility to.. •Exarnine the Accounts under Scction 65 of the Charities Act •Follow the procedures laid down in the gcneral directions given by the Commission under Section 65(9}(b) of the Charities Act •Stste whether particular matters have Come to my attention. Basis of Independent Examiner's Report I have examined your charity Accounts as required undet Section 65 of the Charities Act and my examination was arried out in accordance with the general Directony give by the Charity Conunission for Northern Ireland under Section 65(9)(b) of the Charities Act. My examination included a review of the accouniing records kept by the charity and a comparison of the a¢counl8 presented with those records. li also included consideration of any unusual items or disclosure8 in the accounis, and seeking explanations from you as charity trustees concerning any such matters. My role itri lo state whether any material matters have come to my attention giving me cause to believe,. 1.11)e accounting record$ were not kept in accordance with Section 63 of the Charities Act. 2.That the Accounts do not accord with those accounting records. 3.That the Account8 do not comply with the accountxng requiremenLs of the Charities Act. 4.TkLat there is further infonnation needed for a proper understanding of the A¢¢ounts to be reached, Independent Examiner'5 Statement I have completed my examination and have no concerns in re.spect of the matters (1) 10 (4) listed above and, in connection wilh following the Directions of Ilie Charity Commission for Nortliern Ireland, I have found Tho matters that require drawing to your attention. DMW Accountants (201J) Ltd Townselld Enterprise Park 28 Toivnsend Street Belfast BT13 2ES
FALLS RF.SIDEN'I'S ASSOCIATIOY TATEi¥ILYT O TIV TIE YEAR ENDED 3161,MARCII 2023 2023 2022 Restricted Funds Restricted Funds Notes Incoming Resourees Grants & Donations 71.142 48,823 Total Incomlng Resourees 71,142 48,823 Resources Expended Staff Losts In%uran¢e Travel & Transport Printing Heal & l.ight Accounrancy Fces Bank Charges Telephonc & Iniernet Aciivitie8 Equipment Shielding Packti Hospiiality Stationery 36.879 637 25,019 569 2,080 330 4,060 480 131 931 22,943 375 2,313 480 112 1,041 20,552 1,208 779 993 2,119 1.121 Total Resources Expended 65,369 59,7f43 Net Movement ID Funds 5,773 (10,960) Total Funds Brought Fonvard 12,863 23,823 Totsl Funds Carried Forward 18,636 12,863 The notes on page 7 form au Integral part of these financial statements.
FALl.S RESIDI.:NTS .4S51)CIATION BALANC AS AT3111 2023 2023 2022 Noteg Current Assets Cash al bank and in hand 19,116 13.656 19,116 Creditors: Amounts falllng due wlthin one year 13.656 (480) (793) Net Current Assets 18,636 12.863 Net Assets 18,636 12,803 Funds Unrestricted fund8 18,636 12,863 18,636 12,863 The Financial Statements were approved by the Committee on and signed on its behalf by FrR Mecann Chairper50n The notes on page 7 form an integral part of these flnancial statements.
FALL RF.SIDLNTS ASSOCATION .S'OTF.S TO TH F. FIN'Ai%LIAL ST ATE,MEI%TS YF.AR ENDF.D.II" MARC.H 20 Accounting Policies Accounting Convention The financial stafrments 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 excmption in FRS l from the requirement to produce a cash flow statement because it is a small charxty. Incoming Resources Grants. including giants for the purchase of fixed ak8els, are recognised in full in the Statement of Financial Activities in the year in which they are receivable. Resources Faxpended Resources expended are recognised in the year in which they are incued. Management and administration costs arc those incurred in connection with administration of the charity and compliance with constitutional and statulory requirements. Income 2023 2022 orthern Ireland Housing Executive Belfast City Council Or8 Fall CC Choice housing Radius Hou.sing St Peters CIT CS Workforce Wesl Belfast Federation FPI Feile an Phobail Dept of Finance Titanic and City Tour St Josephs School Hop¢ St Nursery 27,754 11,729 500 6,687 27,002 15,261 2,000 3.200 250 890 220 500 loo 12,465 500 1,841 6,350 500 615 1,100 350 150 71,141 48,823 Employee5 Number of Employees The average monthly numbers of employees (excluding the tSleeS} during the year were: 2023 Number 2022 Number Employment Costs 36.879 25,019 Wages and Salaries 36,879 25,019
FALLS RESIDEIYTS ASSOCIATI TEST IA STATEMENT NDED 31"MARCH 2 Creditors: Am&unts Faljing Due ithln One Year 2023 2022 Accountancy Fees Accruals 480 480 313 480 793