Recognised with the Charity Commission for Northern Ireland NIC108789 Falls Residents As$ latlo Committee Re ort and Financlal Statements for the Year E ded 3111 Mgreb 2023 FAL ASSO TIO Page LEGAL AND ADMINISTIL4TIVE INFORMATION COMNllTfEE REPORT STATEMENT OF FINANCIAL ACTIVITIES BALANCE SHEET NOTES TO TKE FtNANCIAL sTATE￿￿￿s ALL RESIDEwfs ASSOCIATI AL AND ORMA NIC108789 Cott]mittee Members Fra Mc Canll ChaIry￿rSOn Cbristopher Turley Vice Chairperson Robert McCle0agl￿n Li8a Lynn Seoretary Gerard Fu8CO Public Relations Office Other Members Laurcn Slaoe Patrick Walsh Donal O hara Eatnon Andrews Joseph Mc Fadden Accountants DMW Accountants (2011) Limited 28 Towllsend Street Belfast BT13 2ES Business addr¢s8 l Divis Tower Belfast BT12 4QB RES NTS ASS TION Statement of Conlmlttees Responslbllities Clwity law requires trustees to prepare financial ststements for each financial year which give a iTh¢ and fair view of the state of affairs of the charÉty at tbe year end and of its incoming resources and resources expended during that year. Ill preparing those financial statements, the lrnstees are required to.. select suitable accoullting policies and then apply th¢m consist¢ntly" make judgements and estitnates that are reasonable and pruden¢ state whether applicable ac¢ounting slandArd5 and 51atements of recommended practice bave becn followed subject to my d¢partures disclosed and cxplained io th¢ financial 8tatement8' and PT¢pare the financial stat¢rnents on the going concern b&8is unless it is inappropriate to presume that tbe cbarity wiIl ¢ontinue in business. The ttustees are responsible for keeping proper a¢¢ounting records which disclose with reasonable accuracy at aoy time the finaueiaj position of the charity and enable them to ensuT¢ that the finaacial statements comply with the Clwitie8 Act (Northern Ireland) 2008. They are a180 responsible for safeguarding the assets of the cbarity and hence for taking reasonable steps for the prevention and detection of fraud and other itregularities. Tbe trustees recommend tbai DMW Accountallts (2011) Ltd remain in office until furtb¢r notice. This report was approved by the tru8t¢es On kn•. signed on its behalf by Llsa Lynn Secretary ENTS Tl Independent Examiner's Report to the Charity Trustees of Falls Resldents A8soclation I report on the Accoullts of the trust for the year ended 3 1st March 2023, which are set out on Pages 6-10. Respective RepoDsibilitles of Charity Trustees and Examtner As the ¢harity's trustees you are respollsibl¢ for the preparation of the Accounts in a¢cordan¢¢ with the Charities Act (Northern Ir¢land) 2008. It is Eny respo[￿1b11ity to.. •Examine the Accounts under SecÈxoD 65 of the Charities Act •Follow the procedures laid down in the general directions givell by the Commission under Section 65(9)(b) of tlEe Charities Act •Stste whether particular matters have come to my attention. Basis of Independent ExAmlner98 Report I have exarniued your ¢}￿]ty A¢coullts as required under Section 65 of the Charities Act and n]y examination was Ca￿led out ill accordance with tlle general Directors give by the Charity ConulliSSXOn for Northern Ireland uuder Section 65(9)Co) of the Charities Act. My examination included a review of the accounting records kept by the charity and a Comp￿]son of the accounts Ptt8ented with those records. It also included consideraiion of any unusual items or disclosures An the accounts, and seeking explanations from you as charity trustees concerning any such raatters. My role is to stste whether any material matters have come to my attention giving me cause to believe: l.The a¢¢ounting records 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 Accounts do not comply with the accounting requirenLent8 of the Cbarities Act. 4.That there is furtber infomialion needed for a proper understanding of the Accounts to be reached. Independent Examiner's Statement I bave completed my examination and have no concerns in respect of the matters (l) to (4) listed above and, in onnection with following the Directions of Ihe CI￿lty Commission for Northern Ireland, I have found no matters that require drawing to your attentioll. DIv￿w Aecountants (2011) Ltd Townsend Enterprlse Park 28 Townsend Street Belfast BT13 2ES EN ASS Tl TE IF. CH2 2023 2022 Restricted Funds Restricted FuDds Iyotes Incomlng Resources Grallts & Donations 71,142 48,823 Total Ineomlng Resources 71,142 48,823 Resources Expended Staff costs lThsurAnc Travel & Tran8POrt Printing Heat & Light Accountancy Fees Bank Charge8 Telephone & Jlltemet Activxties Equipment Sbielding Packs Ho8Pltatity Stationery Total Resources Expended 36,879 637 25,019 569 2,080 330 4,060 480 131 931 22,943 375 2,313 480 112 I,041 20,552 L,208 779 993 2,119 1,121 65,369 59,783 Net Movement In Funds 5,773 (10,960) Totsl Funds Brough¢ Forward T2,863 23,823 Total Fullds Carried Forward 18,636 12,863 The notes on page 7 form an Integra] part of these f￿anCial statemen FALLS RESIDENTS BAL CE . hlARCH 2023 2022 Notes Current Assets Cash at banJ( and in hand 19,116 13,656 19,116 Credltors: Amounts falling due wlthin one year 13,656 (480) (793) Net Current Assets 18,636 12,863 Net Asset$ 18,636 12,863 Funds Uarestrxcted funds 18,636 12,863 l8,636 12,863 The Finaacial Statements were approved by the Con]n)ittee on and signed on its b¢balf by Fra MeC4Dn Chairperson The notes on page 7 form integral part of these f￿anCIal statements. FALL RESIDEN CATI OTE THE ST Cll 20 AccouDtin£ Polieie8 Accounting Convention The finallcial statements are prepared under the historical cost convention and follow the recon)mendations in 'A¢counting and Reporting by c]￿ltieS. Ststement of Recollllnended Practice, issued in October 21N)O. The ¢lwity ljas taken advantage of the exemption in FRSI from the requiIement to produce a cash flow statement because it is a sn)all clwity. Incomlllg Resources Grants, including grants for the purchase of fLxed assets, are recogtiised in in the Ststement of Financial Activities in the year in which they are receivable. IJ. Resouree8 Expended Resources expended are re¢ogaised iti the year in which they are incu￿ed. Management and administration Costs are those incurred in cotmection with administration of the charity and compliance with constitutional and stathtory requirements. Income 2023 2022 Nortknern Ireland Hou5in8 Executive Beif&8t City Council Ortus Fall CC Cboice housing Radius Housing Si Peters crr cs Workforce West Belfast Federation FPI Feile an Phobail Dept of FiJ￿ICe Titsllic alld City Tour St Josephs School Hope 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,E41 48,823 Employees Number of En)ployeeg The average n)onthly numbers of employees (excluding the trustees) during the year wer¢: 2023 Number 2022 Number Employment Costs 36,879 25,019 Wage8 and Salaries 36,879 25,019 SRKS TION NOTES TO FIN STA AR ENDED 31. H20 Credltors: Amounts Falling Due Tvithin One Year 2023 2022 Accountancy Fees A¢¢Nals 480 480 313 480 793