REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Report of the Trustees and |
Unaudited Financial Statements for the Year Ended 31 March 2024 |
for |
No More Traffik |
REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Report of the Trustees and |
Unaudited Financial Statements for the Year Ended 31 March 2024 |
for |
No More Traffik |
No More Traffik |
Contents of the Financial Statements |
for the Year Ended 31 March 2024 |
Page |
Report of the Trustees | 1 | to | 2 |
Independent Examiner's Report | 3 |
Statement of Financial Activities | 4 |
Balance Sheet | 5 |
Notes to the Financial Statements | 6 | to | 10 |
No More Traffik (Registered number: NI614396) |
Report of the Trustees |
for the Year Ended 31 March 2024 |
The members of the Board present their annual report and the unaudited financial statements of the company for the year ended 31st December 2020. This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006. |
OBJECTIVES AND ACTIVITIES |
Objectives and Aims |
Human trafficking is the deception, movement and exploitation of human beings for profit. It is the fastest growing form of organised crime and occurs in nearly all countries globally, and including Northern Ireland. Recent information provided by the PSNI and the Department of Justice suggests that people of all ages, nationalities, socioeconomic backgrounds, religions and genders are vulnerable to being trafficked from within or from their own countries. |
No More Traffik was established by a small number of members following a successful local campaign standing against human trafficking in Belfast in May 2012. The overall aim of NMT is to work towards a traffik-free society by raising awareness and equipping individuals and communities to stop human trafficking. |
The charity's purposes are set out in the objects contained in the company's Memorandum of Association. NMT was established for the advancement of education, the advancement of health, the relief of poverty and those in need, the advancement of community development, the advancement of human rights, and the improvement of community. |
The activities of the Trust are reviewed on an annual basis to ensure that they reflect the company's objectives and aims and that they advance public benefit. |
ACHIEVEMENT AND PERFORMANCE |
Charitable Activities |
On 1 September 2021 the charity became a subsidiary of Hope for Justice, a charity registered in England & Wales and all funds and activities were transferred to that Charity and are reported within its Report & accounts. |
FINANCIAL REVIEW |
Financial Position |
During the year, the charity received no donations as all income is received directly by its parent Hope for Justice |
FUTURE PLANS |
The charity will remain dormant as part of the Hope For Justice group and that charity will be furthering the aims of No More Traffik. |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Governing document |
NO MORE TRAFFIK (NMT) is a company limited by guarantee, incorporated on 11th September 2012, registered with The Charity Commission for Northern Ireland NICI00755, and recognised as a charity by HM Revenue & Customs, reference number XT38674. The company was established under a Memorandum of Association which established the objects and powers of the company and is governed under its Articles of Association. |
The directors of the company are also charity trustees for the purposes of charity law and under the company's Articles of Association are known as members of the Board. The Board are responsible for the strategic direction and policy of the charity. New members are appointed to the Board by the existing members at the Annual General Meeting. The company may from time to time in General Meeting increase or reduce the number of members of the Board and determine in what rotation such increased or reduced number shall go out of office, and may make the appointments necessary for effecting any such increase. |
No More Traffik (Registered number: NI614396) |
Report of the Trustees |
for the Year Ended 31 March 2024 |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Recruitment and appointment of new trustees |
All previous trustees resigned on 1 September 2021 and the new trustees were appointed on the same date. |
REFERENCE AND ADMINISTRATIVE DETAILS |
Registered Company number |
Registered Charity number |
Registered office |
Trustees |
Independent Examiner |
ASC Wylie UBU Ltd |
Qualified Accountants, Tax & Business Advisors |
7 Lisburn Street |
Royal Hillsborough |
Co. Down |
BT26 6AB |
Approved by order of the board of trustees on |
Independent Examiner's Report to the Trustees of |
No More Traffik |
I report on the accounts of the company for the year ended 31 March 2024, which are set out on pages four to ten. |
Respective responsibilities of charity trustees and examiner |
As the charity's trustees (and also the directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. |
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: |
- | examine the accounts under Section 65 of the Charities Act |
- | follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under Section 65(9)(b) of the Charities Act |
- | state whether particular matters have come to my attention. |
Basis of the independent examiner's report |
I have examined your charity accounts as required under Section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under Section 65(9)(b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters. |
My role is to state whether any material matters have come to my attention giving me cause to believe: |
1. | That accounting records were not kept in accordance with Section 386 of the Companies Act 2006 |
2. | That the accounts do not accord with those accounting records |
3. | That the accounts do not comply with the accounting requirements of Section 396 of the Companies Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland |
4. | That there is further information needed for a proper understanding of the accounts to be reached. |
Independent examiner's statement |
I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. |
Mr ASC Wylie FCA |
ASC Wylie UBU Ltd |
Qualified Accountants, Tax & Business Advisors |
7 Lisburn Street |
Royal Hillsborough |
Co. Down |
BT26 6AB |
29 January 2025 |
No More Traffik |
Statement of Financial Activities |
for the Year Ended 31 March 2024 |
2024 | 2023 |
Unrestricted | Restricted | Total | Total |
fund | fund | funds | funds |
Notes | £ | £ | £ | £ |
EXPENDITURE ON |
Charitable activities |
NET INCOME/(EXPENDITURE) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward |
TOTAL FUNDS CARRIED FORWARD | - |
No More Traffik (Registered number: NI614396) |
Balance Sheet |
31 March 2024 |
2024 | 2023 |
Unrestricted | Restricted | Total | Total |
fund | fund | funds | funds |
Notes | £ | £ | £ | £ |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
NET ASSETS |
FUNDS | 6 |
TOTAL FUNDS | - |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006. |
The trustees acknowledge their responsibilities for |
(a) | ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. |
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. |
The financial statements were approved by the Board of Trustees and authorised for issue on |
No More Traffik |
Notes to the Financial Statements |
for the Year Ended 31 March 2024 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. |
Expenditure |
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. |
Tangible fixed assets |
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
Taxation |
The charity is exempt from corporation tax on its charitable activities. |
Fund accounting |
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. |
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. |
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. |
Government grants |
During the current financial year a Government Grant was recongnised as revenue in respect of the Corona Virus Job Retention Scheme. |
No More Traffik |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2024 |
2. | NET INCOME/(EXPENDITURE) |
Net income/(expenditure) is stated after charging/(crediting): |
2024 | 2023 |
£ | £ |
Grants payable | - | 550 |
3. | TRUSTEES' REMUNERATION AND BENEFITS |
During the financial year a salary was paid to one of the Trustees. |
Trustees' expenses |
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. |
4. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
Unrestricted | Restricted | Total |
fund | fund | funds |
£ | £ | £ |
EXPENDITURE ON |
Charitable activities |
NET INCOME/(EXPENDITURE) | ( |
) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward | 550 | - |
TOTAL FUNDS CARRIED FORWARD |
- |
- |
- |
No More Traffik |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2024 |
5. | TANGIBLE FIXED ASSETS |
Computer |
equipment |
£ |
COST |
At 1 April 2023 and 31 March 2024 |
DEPRECIATION |
At 1 April 2023 and 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 31 March 2023 |
6. | MOVEMENT IN FUNDS |
Net |
movement | At |
At 1/4/23 | in funds | 31/3/24 |
£ | £ | £ |
TOTAL FUNDS | - | - |
Net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
TOTAL FUNDS | - |
Comparatives for movement in funds |
Net |
movement | At |
At 1/4/22 | in funds | 31/3/23 |
£ | £ | £ |
Unrestricted funds |
General fund | 550 | (550 | ) | - |
TOTAL FUNDS | 550 | (550 | ) | - |
No More Traffik |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2024 |
6. | MOVEMENT IN FUNDS - continued |
Comparative net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | - | (550 | ) | (550 | ) |
TOTAL FUNDS | - | (550 | ) | (550 | ) |
A current year 12 months and prior year 12 months combined position is as follows: |
Net |
movement | At |
At 1/4/22 | in funds | 31/3/24 |
£ | £ | £ |
Unrestricted funds |
General fund | 550 | (550 | ) | - |
TOTAL FUNDS | 550 | (550 | ) | - |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | - | (550 | ) | (550 | ) |
TOTAL FUNDS | - | (550 | ) | (550 | ) |
No More Traffik |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2024 |
7. | RELATED PARTY DISCLOSURES |