SOMETHING MORE FOR YOU LTD
(A COMPANY LIMITED BY GUARANTEE}
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted Restricted
funds
funds
Totsl Unrestricted Restricted
funds
funds
Total
Period 01
May 2022
2023 to 31 March
2023
2024
2024
2024
2023
Notes
Income from:
Donations and legacies
Charitable activities
1,580
18,843
1,580
20,328
24,070
10,564
34,634
1,485
Total income
24,070
10,564
34,634
20,423
1,485
21,908
Expenditure on:
Charitable activities
30,776
3,832
34,608
10,775
1,747
12,522
Total expenditure
30,776
3,832
34,608
10,775
1,747
12,522
Net incomeJlexpenditure}
(6,706)
6,732
26
9,648
(262)
9,386
Transfers be￿een
funds
(262)
262
Net movement in
funds
<6,706)
6,732
26
9,386
9,386
Reconciliation of funds:
Fund balances at 1 April 2023
21,525
21,525
12,139
12,139
Fund balances at 31 March
2024
14,819
6,732
21,551
21,525
21,525
The ststement of financtal activities includes all gains and losses recognised in the Year. All income and expenditure
derive from continuing activities.
The notes on pages 10 to 17 form part oflhese financial slalements.

SOMETHING MORE FOR YOU LTD
(A COMPANY LIMITED BY GUARANTEE)
BALANCE SHEET
AS AT 31 MARCH 2024
2024
2023
Notes
Fixed assets
Tangible assets
10
Current assets
Debtors
Cash at bank and in hand
11
10,285
13,800
43
26,282
24,085
Creditors: amounts falling due within
one year
26,325
12
(3,078)
(4,800)
Net current assets
21,007
21,525
Total assets less current liabilities
21,551
21.525
Net assets excluding pension liability
21,551
21,525
The funds of the charitsble company
Restricted income funds
Unreslricted funds
44
6,732
14,819
21,525
21,551
21,525
The notes on pages 10 to 17 form part of these financial statements.
The company is entided to the exemption from the audit requirement contained in section 477 of the Companies Acl
2006, for the Year ended 31 March 2024. No members have required the company to obtain an audit of its financial
statements for the Year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006
with respect to accounting records and the preparalion of financial statements.
The members have not required the company lo obtain an audit of its financial statements for the Year in question in
accordance wtth section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject
to the small companies regime.
The financial statements were approved by the trustees on 18 December 2024
Mrs P Bothwell
Trustee
Company registration number N1678721 (Northem Ireland)

SOMETHING MORE FOR YOU LTD
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
Chartty information
Something More For You Ltd is a charitable company limited by guarantee incorporated in Northern Ireland.
The registered office is 95 Darkley Road, Keady, Co Armagh, BT60 3AY.
1.1 Reporting period
The financial statemenls are prepared for the year ended 31 March 2024 and the comparatives are for the 11
month period from 1 May 2022 to 31 March 2023. As a result, the comparative amounts presented in the
financial ststements are nol entirely comparable.
1.2 Accounting convention
The financial statements have been prepared in accordan￿ with the charitable companvs [governing
document], the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and
Republic of Ireland" {"FRS 102") and the Charities SORP "Accounting and Reporting by Charities.. Statement
of Recommended Practice applicable to charities preparing their accounts in accordance wilh the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021" (effeclive 1 January 2019). The
charitable company is a Public Benefit Entity as defined by FRS 102.
The charitable company has taken advantage of the provisions in the SORP for charities not to prepare a
Statement of Cash Flows.
The financial statements are prepared in slerling, which is the functional currency of the charitable company.
Monetary amounts in these financial statements are rounded lo the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting
policies adopted are set out below.
q.3 Going concem
At the time of approving the financial statements, the trustees have a reasonable expectation that the
charitable company has adequate resources to continue in operational existence for the foreseeable future.
Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial
statements.
1.4 Charitsble funds
Unrestricted funds are available for use at the discretion of the trustees in furtheran￿ of their charitable
objectives.
Restricted funds are subject to spectfic condttions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subjecl to specific conditions by donors that the capital must be maintained by the
charitable company.
1.5 Income
Income is recognised when the charitable company is legally enlitled lo it after any perforrnan￿ conditions
have been met, the amounts can be measured reliably, 2nd it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charitable company has
been notified of the donation, unless performan￿ conditions require deferral of the amount. Income tax
recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of
the donation.
10-

SOMETHING MORE FOR YOU LTD
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies (Continuedl
Legacies are recognised on receipt or otherwise rf the charitable company has been notified of an impending
distribution, the amount is known, and receipl is expected. If the amount is not known, the legacy is treated as
a contingent asset.
1.6 Expenditure
Expenditure is recognised once there is a legal or constructive obligalion to transfer economic benefit lo a
Ihird paty, it is prob2ble that a transfer of economic benefits will be required in seluement, and the amount of
the obligation can be measured reliably.
Expenditure is classified by actimty. The wsts of each activity are made up of the tolal of direct costs and
shared costs, including support costs involved in undertaking each activity- Direct costs attributable to a single
actilrity are allocated directly to that activity. Shared costs which contribute to more than one actlvlty and
support costs which are not attributable to a single activity are apportioned belween those activities on a basis
consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and
depreciation charges are allocated on the portion of the asset's use.
1.7 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured al cost or valuation, net of
depreciation and any impairment losses.
Depreciation is recognised so as lo write off Ihe cost or valuation of assets less their residual values over their
useful lives on the following bases..
Fixtures and fittings
200/0 Straight line
The gain or loss arising on the disposal of an asset is determined as the differen￿ be￿een the sale procEeds
and the carying value of the asset, and is recognised in the stalemenl of financial activities.
1.8 Impairnient of fixed assets
At each reporting end dale, the charitable company remews the carrying amounts of its tangible assets lo
determine whether there is any indication that those assets have suffered an impairment loss. If any such
indication exists, the recoverable amount of the asset is estimated in order to delermine the extent of the
impairmenl loss (if any).
1.9 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-temi liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.10 Financial instruments
The charitable company has elected to apply the provisions of Section 11 'Basic Financial Instruments, and
Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of ils financial instruments.
Financial instruments are recognised in the charitable company's balance sheet when the charilable company
becomes party to the contractual provisions of the instrumenl.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net
basis or to realise the asset and settle the liability simultaneously.
11

SOMETHING MORE FOR YOU LTD
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies (Continued)
Basic financial assets
Basic financial assets, which include debtors and cash and bank balan￿s. are initially measured at
transaction prtce including transaction costs and are subsequently carried at amortised cost using the effective
inlerest rnethod unless the arrangement constitutes a financing transaction, where the transaction is
measured at the present value of the fulure receipts discounted at a market rate of interest. Financial assets
classified as recetvable within one year are not amortised.
Basic r
Inancial liabilities
Basic financial liabilities, including creditors and bank loans are inttially recognised at transaction price unless
the arrangement constttules a financing iransaclion, where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt inslrumenls are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or semces thal have been acquired in the ordinary course of
operations from suppliers. Amounts payable are dassified as current liabilities rf payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured at amortised cost using Ihe effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charitable company's contractual obligations expire or are
discharged or cancelled.
1.11 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are
received.
Termination benefits are recognised immediately as an expense when the charitsble company is
demonstrably committed to teminate the employment of an employee or to prowde termination benefits.
1.12 Retirement benefits
Payments lo defined contribution retirement benefit schemes are charged as an expense as they fall due.
Critical accounting estimatss and judgements
In the application of the charitable company's accounting policies, the trustees are required to make
judgements, estimates and assumptions about Ihe carrying amount of assets and liabilities that are not readily
apparent from other sources. The estimates and associaled assumptions are based on historical experien
and other factors that are considered to be relevant. Actual results may differ from these estimates.
The eslimales and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in Ihe pertod in which the estimate is revised where the revision affecls only that
period, or in the period of the revision and future periods where the revision affects both currenl and future
periods.
Income from donations and legacies
Unrestrictsd Unrestricted
funds
funds
2024
2023
Donations and gifts
1,580
12-

SOMETHING MORE FOR YOU LTD
{A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Income from donations and legacies (Continued)
Income from charitable activities
Unrestricted Restricted
funds
funds
2024
2024
Totsl Unrestricted Restricted
funds
funds
2023
2023
Total
2024
2023
Charitable activities
Shop sales
Recycling
Grants
15,618
6,952
1.500
15,618
6,952
12,064
17,454
1.389
17,454
1,389
1,485
10,564
1,485
24,070
10,564
34,634
18,843
1,485
20,328
Expenditure on charitsble activities
Charitsble
activities
2024
Charitable
activities
2023
Direct costs
Slaff costs
24,114
Share of support and governance costs (see note 6)
Support
Governance
9,894
600
11,922
600
34,608
12,522
Analysis by fund
Unrestricted funds
Restricted funds
30,776
3,832
10,775
1,747
34,608
12,522
Support costs allocated to activities
2024
2023
Shop running costs
Governance costs
9,894
600
11,922
600
10,494
12,522
Analysed between:
Charitable acliwties
10,494
12,522
13-

SOMETHING MORE FOR YOU LTD
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Trustses
None of the trustees (or any persons connected wilh them) received any remuneration or benefits from the
charilable company during the Year.
Employees
The averagé monthly number of employees during the Year was..
2024
Number
2023
Number
Employment costs
2024
2023
Wages and salaries
Other pension costs
22,405
1,709
24,114
There were no employees whose annual remuneration was more than £60,000.
Taxation
The charity is exempt from taxation on ils acliwlies because all tts income is applied for charitable purposes.
qo Tangible fixed assets
Fixtures and
fittings
Cost
Addilions
680
At 31 March 2024
680
Depreciation and impairment
Depreciation charged in the Year
136
At 31 March 2024
136
Carrying amount
At 31 March 2024
14-

SOMETHING MORE FOR YOU LTD
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
11 Debtors
2024
2023
Amounts falling due within one year:
Other debtors
Prepaymenls and accnjed income
10,241
43
10.285
43
12 Creditors: amounts falling due within one year
2024
2023
Accruals and deferred income
3.078
4,800
13 Retirement benefit schemes
2024
2023
Defined contribution schemes
Charge to profil or loss in respect of defined contribLrtion schemes
1,709
The charitable company operates a defined contribution pension scheme for all qualifying employees. The
assets of ihe scheme are held separalely from those of the charitable company in an independenlly
administered fund.
14 Restricted funds
The restricted funds of the charty comprise the unexpended balan￿S of donations and grants held on Irusl
subject to specific conditions by donors as to how they may be used.
At l April
2023
Incoming
resources
Resources
expended
Transfers At 31 March
2024
10,564
(3,832)
6,732
Previous Period:
At l April
2022
Incoming
resources
Resources
expended
Transfers At 31 March
2023
1,485
(1,747)
262
15-

SOMETHING MORE FOR YOU LTD
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
15 Unrestricted funds
The unrestricted funds ofthe charity comprlse the unexpended balances of donations and grants which are
not subject lo specific conditions by donors and grantors as lo how they may be used. These include
designated lunds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At l April
2023
Incoming
resources
Resources
expended
Transfers At 31 March
2024
General funds
21,525
24,070
(30,776)
14,819
Previous Period:
At 1 April
2022
Incoming
resources
Resources
expended
Transfers At 31 March
2023
General fvnds
12,139
20,423
{10,775}
(262)
21,525
16 Analysis of net assets between funds
Unrestricted
funds
2024
Restricted
funds
2024
Total
2024
At 31 March 2024:
Tangible assets
Current a5setsl(liabilities)
16,525
4,482
21.007
17,069
4.482
21,551
Per balance sheet
Balance to allocate
14,819
(2,250)
6,732
2,250
21,551
Unrestricted
funds
2023
Restricted
funds
2023
Totsl
2023
At 31 March 2023:
Current assetsl(liabilities)
21,525
21,525
21,525
21,525
16-

SOMETHING MORE FOR YOU LTD
{A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
17 Operating lease commitments
Lessee
At the reporting end date the charitable company had outstanding commitments for future minimum lease
payments under non-cancellable operating leases, which fall due as follows..
2024
2023
Within one year
Between Iwo and five years
4,420
13,260
17,680
18 Transfers
Funds are transferred from unreslricted funds to restricted funds to cover shortfalls in restricted funding.
19 Related party transactions
Crossfire Trust is deemed to be a related party of the charitable company as a truslee is a trustee of both
charities.
Memory Making Ltd is deemed to be a related party of the charitable company as a trustee is a trustee of both
charities.
DLtring the year, the charity was charged £Nil {Period from 1 May 2022 to 31 March 2023.. £1,000) from
Memory Making Ltd for use oflheir van.
20 Company limited by guarantee
The company is limited by guarantee and has no share capital.
On a winding up members may be required to contribute a maximum of£1.
21 Contingent liability
The company has a contingenl liability lo repay granls received if the company fails lo comply with certain
conditions slipulated in the letter of offer and terms and conditions of contract under which the grants were
paid. Th trustees do not expect any claims to be made in this respect.
17-