COMPANY REGISTRATION NUMBER: N1659055
CHARITY REGISTRATION NUMBER: 101636
NIPSCBF
Company Limited by Guarantee
Unaudited Financial Statements
31 March 2024

NIPSCBF
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2024
Page
Trustees, annual report (incorporating the director's report)
Independent examiner's report to the trustees
Statement of financial activities (including income and
expenditure account)
statement of financial position
statement of cash flows
Notes to the financial statements

Page 1
NIPSCBF
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report)
Year ended 31 March 2024
The trustees, who are also the directors for the purposes of cornpany law, present their report and the
unaudiled financial statements of the charity for the year ended 31 March 2024.
Reference and administrative details
Registered charity name
Charity reglstration number
Company registratlon number N1659055
Princlpal offlce and reglstered HM Prison Maghaberry Old Road
office
Upper Ballinderry
Lisburn
Antrlm
BT28 2PT
NIPSCBF
101636
The trustees
l Millar
J Aicken
R Atknison
P Bradley
J Burton
K Clarke
M Mcmullan
R Murtagh
J Simpson
N Mullan
D Jackson
Independent examiner
Elaine Mulholland on behalf of Johnston Graham Limited
2161218 Holywood Road
Belfast
BT41PD
Structure, governance and management
On 1 October 2020 the Northern Ireland Prison Service Central Benevolent Fund, an unincorporated
entity which is a registered charity, transferred its assets and liabilities in their entirety to NIPSCBF,
having first sought approval from The Charites Commission of Northern Ireland. The company has
now been fomially registered with The Charities Commission of Northern Ireland and it's a company
limited by guarantee. registered in Northern Ireland.
The company was formed to continue the objectives of relief of poverty and need for its members.

Page 2
NIPSCBF
Company Limited by Guarantee
Trustees, Annual Report {Incorporating the Director's Report) (contInu￿)
Year ended 31 March 2024
Objectives and activities
The objects are to promote the following purposes:
the relief of poverty or need by reason of age, ill health, disability, financial hardship or other
disadvantage of those ernployees or former employees of the Northern Ireland Prison Service who
were or are members of the charity, and their widows, widowers and dependents and those civilian
grades employed within the Northern Ireland Prison Service who are current members of the charity
and upon such civilian grad8 being medically retired from the employment of the Northern Ireland
Prison Service or or being deceased their widows, widowers and dependents; and
such other exclusively charitable purpose according to the law of Northern Ireland as the trustees
may from time to time decide.
In settlng objectives and planning activities for the year, the trustees hav8 given Careful consideration
to the Charity Commlssion for Northern Ireland's guidan¢8 on public benefit to ensure that the
activlties have helped to achieve the Charity's purposes and provlde a beneflt to the beneficiaries.

Page 3
NIPSCBF
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) {contlnugdJ
Year ended 31 March 2024
Achlevements and performance
The charity provides assistance to its beneficiaries through the provision of donations, annuities, loans
and other forms of assistance. The charity also provides respite services, accommodation and
holiday homes to its beneficiaries. The breakdown of the Beneficiaries are,. 1845 Retired Officers,
580 Widows, and we have 887 Serving staff mambers.
The Assistance committee within the fund have also spent another year working efficiently ensuring
that the needs of any of our beneficiaries who have requested asslstance are met.
Our norm81 meetings aro held on tha first Monday of each month.
ThSs year all properties al home were used to thelr full potential. In April we purchased another 2
bedroom property in Potora Wharf, Enniskillen.
A full programme of events were held this year:
9th May 23
PJ Kerr Memorial Golf Day
25th - 27th May 23
Trlp to Chelsea Flower Show
241h June 23
Day at The Races
6th July 23
David Black Memorial Day
28th July 23
Trip to Jungle Nl
28th August 23
Family Fun Day
10th September 23
Trip to Ulster Vererans, Day at the National Arboretum
17th September 23
Service of Remembrance for all those who died during covid
22nd-29th Sept 23
Trip to Cala Bona, Majorca
1 Oth-13th Ocl 23
Trip for Widows to Killeshin Hotel
18th October 23
Afternoon Tea for widows and retired
1 Oth November 23
Memorial service at Hydebank Wood Memorial Garden
24th-26th Nov 23
Christmas Shopping Trlp to Manchester
8th Décembèr 23
Chrlstmas Dinner, Royal Courts Hotel, Portrush
9th December 23
Carol s8rvice at St Annes Cathedral
14th December 23
Christmas Dinner, Belfast Royal Golf Club
15th December 23
Christmas Dinner, Tandragee Golf Club
21st-23rd F8b 24
Widows Trip to Killyhevlin, Enniskillen
In addition, our local committe8s continue to work in each establishment to look after the naeds of
serving staff.
Financlal revlew
Incoming resourcas for tha period totalled £387,227 {2023.. £379.023. Resources of £397,67812023'.
£379,678) were expended, resulting in a deficit for the period of £10,451 and a net asset position of
£1,454,980.

Page 4
NIPSCBF
Company Llmited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (contlnuedj
Year ended 31 March 2024
Plans for future periods
The charity will continue to build on the success to date in the coming year by continuing to support its
charitable activities.
On 30th September 2020, the charity was incorporated and the assets and liabilities of the entity were
transferred in their entirety to a charitable company limited by gu8rantee, NIPSCBF, regislered in
Northern Ireland.
Srnall company provislons
This report has been prepared In accordance with the provlslons applicable to companies entitled to
the small companles exemptlon.
The trustees, annual report was approved on 1 September 2024 and signed on behalf of the board of
trustees by:
J Simpson
Trustee

Page 5
NIPSCBF
Company Llmited by Guarantee
Independent Examiner's Report to the Trustees of NIPSCBF
Year ended 31 March 2024
I report to the trustees on my examination of the financial statements of NIPSCBF ('the charity'l for the
year ended 31 March 2024.
Responslbllitles and basls of report
As the trustees of the company land also its directors for the purposes of company law> you are
responsible for the preparation of the financial statements in accordance with the requirements of
Charities Act (Northern Ireland) 2008 (the '2008 Act,) and the Companies Act 2006 {'the 2006 Act,).
You ar8 satisfied that the accounts of the company are not required by charity or company law to be
audited and hava chosen Instead to have an independent examination.
Having satisfied myself that the accounts of the company are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examination, I report in respect of my examination of
the charity's financial statements as carried out under section 65 of the 2008 Act. In carrying out my
examination I have followed the general Directions given by the Charity Commission for Northern
Ireland under section 65{9}Ibl of the 2008 Act.
Independent examlnerfs statement
Since the charity's gross income exceeded £250,000 your examiner must be a member of a body
listed In s8Ction 65 of the 2008 Act. I confirm that l am qualified to undertake the examination becaus8
l am a member of Chartered Accountants Ireland, which Is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention In connection
with my examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the charfty as required by section 386 of the
2006 Act., or
the financial statements do not accord wlth those r8cords,' or
the financial statements do nol comply with the accounting requirements of section 396 of
Ihe 2006 Act other Ihan any requirement that the accounts give a 'true and fair, view which
is not a matt8r considered as part of an independent examination., or
the financial statements have not been prepared in accordance wlth the methods and
prinGipl&s of the Statement of Recommended Practice for accounting and raporting by
charities applicable to charities preparing their accounts in accordance with the Flnanclal
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I confirm that Ihere are no other matters to which your attention should be drawn to enable a proper
understanding of the accounts to be reached.
Elaine Mulholland
on behalf of Johnston Graham Limited
Independent Examiner
2161218 Holywood Road
Belfast
BT41PD

Page 6
NIPSCBF
Company Limited by Guarantee
Statement of Financial Activities
(Including Income and expenditure account)
Year ended 31 March 2024
2024
Unrestricted
funds Total funds
2023
Total funds
Note
Income and endowments
Donations and legacies
Charitable activitl8S
Investment income
360,346
26,784
97
360,346
26,784
97
352,750
26,226
47
Total Income
387,227
387,227
379,023
Expenditure
Expenditure on charitable activitles
Other expenditure
Total expenditure
397,678
397,678
430,015
{171,3001
258,715
397,678
397,678
Net (expenditurellincomè and net movement In funds
<10,451)
(10,451 }
120,308
Reconclllatlon of fund8
Total funds brought forward
Total funds carried forward
1,465,431
1,465,431
,454,980
1,345,123
1,454,980
1,465,431
The statement of financial aGlivitles includes all gains and losses recognised In the year.
I Income and expenditure derive from continuing activitles.
The note$ on pages 9 to 15 form part of these financial statements.

Page 7
NIPSCBF
Company Limited by Guarantee
statement of Financial Position
31 March 2024
2024
2023
Note
Fixed assets
Tangible fixed assets
15
1,267,513
1,316,211
Current assets
Debtors
Cash at bank and in hand
16
43,653
149,570
193,223
43,530
111,512
155,042
Creditors: amounts falling due wlthin one year
Net current assets
Total assets less current Ilabilltles
17
5,756
5,822
149,220
187,467
1,454,980
1,465,431
Funds of the charlty
Unrestricted funds
1,454,980
1,454,980
1,465,431
1,465,431
Total charlty funds
18
For the year ending 31 March 2024 the charity was entitled to exemption from audit under section 477
of the Companies Act 2006 relating to small companies.
Directors, responsibilities..
The members have not required Ihe company to obtain an audit of its financial statements for the
year in question in accordance with section 476;
Tha directors acknowledge their responsibilities for complying with the requirements of the Act
with reypect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companies, regime.
These financ181 statements were approved by the board of trustees and authorlsed for issue on 1
September 2024, and are signed on behalf of the board by:
J Simpson
Trustee
The note5 on pages 9 to 15 form part of these financial statements.

Page 8
NIPSCBF
Company Limited by Guarantee
Statement of Cash Flows
Year ended 31 March 2024
2024
2023
Net {expenditure)liDoome
(10,451)
Adjusfments for..
Depreciation of tangible fixed assets
other interest receivable and similar income
Gains on disposal of tangible fixed assets
48,698
(97)
54,334
147)
(171,300)
Changes in..
Trade and other debtors
Trade and other creditors
Cash genarated from operations
Interest received
Net cash from operatlng actlvities
(1231
(66)
37,961
(323)
156
3,128
97
47
38,058
3,175
Cash flows from Investlng actlvitles
Purchase of tangible assets
Proceeds from sale of tangible assets
Net cash used in investing activities
(374,583}
255,000
(119,583}
Net In¢reasel{deGrease) In ¢ash and cash equlvalants
Cash and cash equivalents at beglnning of year
Cash and cash equlvalents at end of year
38,058
111,512
149,570
1116,408)
227,920
111,512
The notes on pages 9 to 15 form part of these financial statements.

Page 9
NIPSCBF
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2024
General information
The charity is a public benefit entity and a private company limited by guarantee, registered in
N.Ireland and a registered charity in Northern Ireland. The address of the registered office is HM
Prison Maghaberry Old Road, Upper Ballinderry, Lisburn, Antrim. BT28 2PT.
statement of compliance
These financial stalements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in Ihe UK and Republic of Ireland (FRS 102) (Charities
SORP (FRS 1021) and the Companies Act 2006.
Accountlng pollcles
Basls of preparatlon
The financlal statements have been prepared on the historical cost basls, as modified by the
revaluation of certain financial assets and Ilabilities and investment properties measured at falr
value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Fund accounting
Unr8strict8d funds are avallable for use al the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unreslricted funds earmarked by the trustees for particular future project or
commitment.
Restrlcted funds are subjected to restrlctions on their expenditure declared by the donor or
through the terms of an appeal, and fall into one of two sub-classes.. restricted income funds or
endowment funds.

Page 10
NIPSCBF
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 March 2024
Accountlng policies (Gontlnuedj
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has
pass.e¢ to the charity., it is probable that the economic benefits associated with the transaction
will flow to the charity and the amount can be reliably measured. The Tollowing specrflc policies
are applied to particular categories of income..
income from donations or grants is recognised when there Is evidence of entitlemant to th8
gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical lo measure reliably, In which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and servicés are recognised in the
accounts when received if the value can be reliably measured. No amounts are included for
the contrlbution of general volunteers.
Income from contracts for the supply of services is recognised wlth the dellvery of the
contracted service. This is Glassified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose and returned if unspent, in which case
it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is inGurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified undèr headings of the statement of
financial activities to which it relales..
expendlture on ralsing funds includes the costs of all fundraising aclivities, events,
non-charitable trading actlvities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activitles that further its charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the governance of the charity apportioned to charitable
activities.
other expenditure includes all expenditure that is neither related to raising funds for the
charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
between the aGtivitie3 they Gontribute to on a re3son¥ble, jiJ*tifiable and consistent basis.
Tanglble assets
Tangible assets are inilially recorded at ￿St, and subsequently stated at cost less any
accumulated depreciation and impairment losses. Any tangible assets carried at revalued
amounts are recorded at the fair value at the date of revaluation less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.

Page 11
NIPSCBF
Company Limited by Guarantee
Notes to the Financial Statements (continu￿)
Year ended 31 March 2024
Accounting policles fconllnugd)
Tanglble assets {cDntlnued)
An increase in Ihe carrying amount of an asset as a result of a revaluation, is recognised in other
reco
nised
ains and losses, unless it reverses a charge for impairment that has previously been
recognised as expenditure within t
emen
Inan
ase in the carrying
amount of an asset as a result of revaluation, is recognised in other recognised gains and losses,
except to which it offsets any previous revaluation gain, in which cas8 the loss is shown within
other recognised gains and losses on the statement of financial activities.
Depreclatlon
Depreciation Is calculated so as to write off the cost or valuation of an asset, less its resldual
value. over the useful economic lif8 of that asset as follows..
Freehold property
2'/c Str8lght line
Long leasehold propety
2 /0 Straight line
Fixtures and fittings
1 00/0 Straight line
Equipment
10tt/o Straight Ilne
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, wlth the recovarable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairrnents are also reviewed for
possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable
amount of an individual asset, an estimate is made of the recoverable amount of the
cash-generating unil to which the asset belongs. The cash-generating unit is the smallest
identifiable group of 8ssets thal includes the asset and generates cash inflows that largely
Ind8pendent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, th8 goodwill acqulred in a business combination is, from the
acquisition date, allocated to each of the cash-generating units that are expected to benefit from
r liabilities of the charity
are assigned to those units.
Flnanclal Instruments
A financlal asset or a financial Ilability is recognised only when the charity becomes a paty to the
contractual provisions of thè instrument.
Basic financial instruments are initially recosnised at the amount receivable or payable including
any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other
consideration expected to be paid or received and not discounted.
Debt instrumenty are subsequently measured at amortised cost.

Page 12
NIPSCBF
Company Llmited by Guarantee
Notes to the Financial Statements Icontlnu•d)
Year ended 31 March 2024
Accountlng policies (continued)
Flnancial instruments (conllnuedj
Where investments in shares are publicly traded or their fair value can othe￿iSe be measured
reliably, Ihe investmenl is subsequently measured at fair value with changes in fair value
recognised in income and expenditure. All other such investments are subsequently measured at
cost less impairment.
other financial instruments, including derivatives, are initially recognised at fair value, unless
payment for an asset is deferred beyond normal business terms or financed at a rate of interest
that is not a markel rate, in which case the asset is measured at the present value of the future
payments discounted at a market rate of interest for a similar debt instrument,
Other financial Instruments are subsequently measured at fair value, with any changes
recognised in the statement of financlal activities, with the exception of hedging instruments in a
designated hedglng relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence
of impairment at the end of each reporting date. If there is objective evidence of impalrment, an
Impairment loss Is recognised under the appropriate heading in the statement of financial
activities In which the initial gain was r8cognised.
For all equity instruments regardless of significance, and other financial assets that are
individually significant, Ihese are assessed individually for impairment. Other financial assets are
either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversa15 of impairment are recognised immediately, to the extent that the reversal does not
result in a carrying amount of the financial asset that exceeds what the carrying amount would
have been had Ihe impairm8nl not previously been recognised.
Llmlted by guarantee
The company is Ilmited by guarantee and has no authorised or issued share capital.
Donatlons and legacles
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Donatlons
Subscriptions
Retiree Donations
Covenant Rebate
Donations
Events and Excursions
Contributions to payroll
100,437
58,260
43,748
3.287
58,614
96,000
100,437
58,260
43.748
3.287
58,614
96,000
360,346
100,144
56,071
43,361
2,015
55,1b9
96,000
100,144
56,071
43,361
2,015
55,159
96,000
360,346
352,750
352,750

Page 13
NIPSCBF
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 March 2024
Charitable activitles
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
other income from charitable activities
type 1
26,784
26,784
26,226
26,226
Investment Income
Unrestricted Total Funds Unrestrlcted Total Funds
Funds
2024
Funds
2023
Bank interest receivable type 1
97
97
47
47
Expendlture on charltable a¢tlvltlès by fund type
Unrestrlcted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Charitable Actlvities
397,678
397,678
430,015
430,015
Expènditure on charitable activlties by activlty type
Actlvities
undertaken Total funds
directly
2024
Total fund
2023
Charitable Activities
397,678
397,678
430,015
10. Other expendlturè
Unrestrlct8d Total Funds Unrestrlcted Total Funds
Funds
2024
Funds
2023
Loss on disposal of tangible fixed
assets held for charity's own use
{171,300} (171,300)
11. Net (expendlture)lincome
Net lexpenditure)lincome is stated after chargingl(crediting)'.
2024
2023
Depreciation of tangible fixed assets
Gains on disposal of tangible fixed assets
48,698
54,334
1171,3001

Page 14
NIPSCBF
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 March 2024
12. Independent examination fees
2024
2023
Fees payable to the independent examiner for..
Independent examination of the financial statements
3.160
2.800
13. Staff costs
The total staff costs and employee benefits for the reporting perlod are analysed as follows..
2024
2023
Wages and salaries
138,346
118,784
The average head count of employees during the year was 4 (2023.. 41.
No employee recalved employee benefits of more than £60,000 durlng the year (2023.. NII).
14. Trustee remunaratlon and expenses
No remuneratlon nor other benefits from employment wlth the charity were recelved by the
trustees.
15. Tangible flxed assets
Land and Fixtures and
buildings
fittings
Equipment
Total
Cost
At 1 April 2023 and 31 March 2024
Depreclatlon
At 1 April 2023
Charge for the year
At 31 March 2024
1,744,308
223,936
38,000
2,006,244
431,897
44,898
223,936
34,200
3,800
690,033
48,698
476,795
223,936
38,000
738,731
Carrylng amount
At 31 March 2024
1,267,513
1,312,411
1,267,513
1,316,211
At 31 March 2023
3,800
16. Debtors
2024
2023
Other debtors
43,653
43,530

Page 15
NIPSCBF
Company Limited by Guarantee
Notes to the Financial Statements fcontlnued)
Year ended 31 March 2024
17. Creditors: amounts falling due within one year
2024
2023
Social security and other taxes
other creditors
2,386
3,370
2,450
3,372
5,756
5,822
18. Analysls of charltable funds
Unrestrlctad funds
At
31 March 202
At
1 April 2023
Income Expenditure
General funds
1,465,431
387,227
(397,678) 1,454,980
At
31 March 202
At
1 April 2022
Income Expenditure
General funds
1,345,123
379,023
(258,715)
1,465,431
19. Analysls of net assets between funds
Unrestricted Total Funds
Funds
2024
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
1,267,513
193,223
15,756)
1,454,980
1,267,513
193,223
{5,756)
1,454,980
Unrestricted Total Funds
Funds
2023
Tangible f1xed assets
Current assets
Creditors less than 1 year
Net assets
1,316,211
155,042
(5,822)
1,465,431
1,316,211
155,042
(5,822)
1,465,431
20. Analysls of changes In net debt
At
At 1 Apr 2023 Cash flows 31 Mar 2024
Cash at bank and in hand
111,512
38,058
149,570