Portadown Wellness Centre
Report and Financial Statements Year Ended 31 August 2024 Recognised as Charity by HMRC
Portadown Wellness Centre Report and Financial Statements Year Ended 31 August 2024_______
Report of the trustees for the year ended 31 August 2024
The trustees are pleased to present their report together with Receipts and Payments Accounts and the Independent examiners report on the accounts for the year ended 31 August 2024.
Reference and administration details
| Charity Name | Portadown Wellness Centre |
|---|---|
| Other names known by | Portadown Wellness Centre |
| Charity Number | NIC109280 |
| HMRC Charity Number | NI00995 |
| Principal Address | 31-37 Armagh Road |
| Portadown | |
| Co Armagh | |
| BT62 3DR | |
| Independent Examiner | Laurie Duffy |
| L Duffy & Co Chartered Accountants | |
| 12 Queen Street | |
| Derry | |
| BT48 7EG | |
| Bankers | Danske |
| Donegall Square West | |
| Belfast | |
| BT1 6JS | |
| Trustees | |
| Dwain Toland | Chair |
| Alan McDowell | Secretary |
| David Elliott | Treasurer |
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Portadown Wellness Centre Report and Financial Statements Year Ended 31 August 2024_______
Structure, governance and management
The charity is governed by its constitution and is constituted as a trust. Trustees are appointed and meet no less than 4 times per year.
Objectives and activities
The objects of the charity are
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To provide support and empowerment for men and women who may be in recovery from mental illness, addiction, physical illness, isolation or loneliness.
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To provide a welcoming venue for men and women to talk in a safe and confidential environment about difficult personal issues and connect with others while participating in a group and/or individual project.
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To provide therapeutic practical and educational activities to enhance better mental and physical health.
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To reduce isolation and increase social networks of people in Portadown and the surrounding local areas.
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To provide opportunity for skills development, capacity building and learning from experienced facilitators and from each other.
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To advance the health and well-being of the population in Portadown and the surrounding local area
Achievements and performance
Portadown Wellness Centre has had a very successful year. It has now established itself and is already running many programs to help those in need of a supportive environment either in group settings or one on one. We expect to go from strength to strength in the next year.
Financial review
The charity had unrestricted reserves of £14,061 at 31 August 2024 (2023 - £6,825).
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Portadown Wellness Centre
Report and Financial Statements Year Ended 31 August 2024_______
The charity does not have a policy on reserves yet as all monies raised are used to fund the company. The company plans to put a reserves policy into place in the coming year.
Independent examiners
A resolution will be proposed at the AGM that L Duffy & Co Chartered Accountants be re-appointed as independent examiners to Portadown Wellness Centre for the ensuing year.
The trustees declare that they have approved the trustee’s report above
Signed on behalf of the charity’s trustees by
Alan McDowell 8 September 2024 (Secretary)
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Portadown Wellness Centre Report and Financial Statements Year Ended 31 August 2024_______
Income and Expenditure Account for the year ended 31 August 2024
| Unrestricted | Restricted | Total funds | Last year | |
|---|---|---|---|---|
| funds | funds | 2024 | 2023 | |
| Receipts | £ | £ | £ | £ |
| CFNI | 8,442 | 8,442 | 7,920 | |
| Arts Council | 4,200 | 4,200 | 4,200 | |
| NIHE | 17,200 | 17,200 | 20,575 | |
| National Lottery | 9,000 | 9,000 | ||
| Garfield Weston | 20,000 | 20,000 | ||
| Clear – PHA | 4,980 | 4.980 | 7,280 | |
| Supporting Communities | 757 | 757 | 1,770 | |
| Hubbub Foundation | 7,900 | 7,900 | ||
| KFC Foundation | 2,500 | 2,500 | ||
| Allen Lane Foundation | 3,000 | 3,000 | ||
| ACB&CB Council | 1,000 | 1,006 | 2,006 | |
| Co-Operation Ireland | 1,350 | 1,350 | ||
| Halifax | 8,000 | |||
| John Moores | 3,000 | |||
| Sponsorship | 10,615 | 10,615 | 5,600 | |
| Fundraising and other receipts | 16,349 | _____ | 16,349 | 15,886 |
| 47,271 | 61,028 | 108,299 | 74,231 | |
| Payments | ||||
| Facilitators | 15,770 | 50,000 | 65,770 | 45,307 |
| Business Development | 9,150 | 9,150 | ||
| Arts and craft materials | 1,541 | 2,000 | 3,541 | 4,139 |
| Catering and refreshments | 688 | 2,500 | 3,188 | 2,280 |
| Rent and rates | 2,500 | 2,500 | 3,843 | |
| Insurance | 284 | 900 | 1,184 | 2,043 |
| Heat and light | 868 | 1,250 | 2,118 | 2,763 |
| Telephone, printing and stationery | 3,451 | 2,500 | 5,951 | 5,483 |
| Website and marketing | 1,007 | 800 | 1,807 | 2,508 |
| Transport and travel | 970 | 1,645 | 2,615 | 645 |
| Repairs | 798 | 500 | 1,298 | 799 |
| Accountancy | 1,200 | 1,200 | 950 | |
| Volunteer Expenses | 1,040 | 1,000 | 2,040 | |
| Training | 240 | 600 | 840 |
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Portadown Wellness Centre
Report and Financial Statements Year Ended 31 August 2024_______
| Unrestricted | Restricted | Total funds | Last year | |
|---|---|---|---|---|
| funds | funds | 2024 | 2023 | |
| Bank charges and loan interest | 1,383 | 1,383 | 652 | |
| Write off fit-out Tavanagh Road | 19,069 | |||
| Sundry | 345 | 400 | 745 | 657 |
| 40,035 | 65,295 | 105,330 | 91,138 | |
| Net Receipts/(Expenditure) | 7,236 | (4,267) | 2,969 | (16,907) |
| Funds brought forward | 6,825 | 45,669 | 52,494 | 69,401 |
| ______ | ______ | ______ | ______ | |
| Total Funds Carried Forward | 14,061 | 41,402 | 55,463 | 52,494 |
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Portadown Wellness Centre Report and Financial Statements Year Ended 31 August 2024_______
Statement of assets and liabilities at 31 August 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Fixed Assets | ||
| Portacabin | 53,364 | 53,364 |
| Computers and equipment | 8,138 | 8,138 |
| ______ | ______ | |
| 61,502 | 61,502 | |
| Current Assets | ||
| Bank Current Account | 366 | 59 |
| Debtor | ||
| ______ | ______ | |
| 366 | 59 | |
| Current Liabilities | ||
| Creditors and Accruals | 163 | 700 |
| Bounceback Loan | 6,242 | 8,367 |
| Long term loan | ||
| ______ | ______ | |
| Net Current Assets/(Liabilities) | (6,039) | (9,008) |
| ______ | ______ | |
| Net Assets/(Liabilities) | 55,463 | 52,494 |
| ______ | ______ | |
| The funds of the charity | ||
| Funds brought forward | 52,494 | 69,401 |
| Net Receipts/(Expenditure) | 2,969 | (16,907) |
| ______ | ______ | |
| Total charity funds | 58,463 | 52,494 |
| ______ | ______ |
Approved by the trustees on 8 September 2024 and signed on their behalf by
Alan McDowell (Secretary)
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Portadown Wellness Centre Report and Financial Statements Year Ended 31 August 2024_______
Independent examiner’s report to the trustees of Portadown Wellness Centre on the accounts for the year ended 31 August 2024 set out on pages 3 and 4
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 65(3) of the Charities Act (Northern Ireland) 2008 and that an independent examination is needed.
It is my responsibility to
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examine the accounts under section 65 of the 2008 Act,
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to follow the procedures laid down in general directions given by the Charity Commission (under section 65 of the 2008 Act), and
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to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention
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Which gives me reasonable cause to believe that in, any material respect, the requirements:
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to keep accounting records in accordance with section 63 of the Charities Act (Northern Ireland) 2008; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2008 Act
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have not been met; or
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Portadown Wellness Centre Report and Financial Statements Year Ended 31 August 2024_______
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed:
Date: 8 September 2024
Laurie Duffy Fellow of the Institute of Chartered Accountants in Ireland
L Duffy & Co Chartered Accountants 12 Queen Street Derry City BT48 7EG
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