FEDERATION OF FAMILY PRACTICES NORTH BELFAST C.I.C.

Company limited by guarantee

Company Registration Number:
NI628980 (Northern Ireland)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

FEDERATION OF FAMILY PRACTICES NORTH BELFAST C.I.C.

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

FEDERATION OF FAMILY PRACTICES NORTH BELFAST C.I.C.

Balance sheet

As at 31 March 2025

Notes 2025 2024


£
£
Current assets
Debtors: 3 982 69,256
Cash at bank and in hand: 204,054 223,262
Total current assets: 205,036 292,518
Creditors: amounts falling due within one year: 4 ( 151,899 ) ( 188,703 )
Net current assets (liabilities): 53,137 103,815
Total assets less current liabilities: 53,137 103,815
Total net assets (liabilities): 53,137 103,815
Members' funds
Profit and loss account: 53,137 103,815
Total members' funds: 53,137 103,815

The notes form part of these financial statements

FEDERATION OF FAMILY PRACTICES NORTH BELFAST C.I.C.

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 13 November 2025
and signed on behalf of the board by:

Name: Dr S Hutchinson
Status: Director

The notes form part of these financial statements

FEDERATION OF FAMILY PRACTICES NORTH BELFAST C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The income of the Federation is mainly public money provided through statutory bodies such as the Health and Social Care Board. Funding is provided to carry out specific projects within the local geographical area occupied by the members of the Federation. The Board of Directors have a duty to ensure that all funding is used principally for the benefit of the community. Income is recognised within the accounts to match the attributable costs of providing the specific services the Federation has commissioned. Income is deferred where the terms of the contract is that when monies received for specific projects are unspent, they are repayable to the funder. Any surplus arising is held in reserves for spend on future resources for the benefit of the community to which the Federation serves.

    Other accounting policies

    Taxation: Community interest companies are not entitled to any specific corporation tax exemptions and may be liable to corporation tax on profits arising on a taxable trade. Therefore, the Board of Directors will carry on the operations of the Federation to ensure that no profit arises on income from public funds. The board will ensure that any surplus arising from public funds will either be rolled forward and applied to future services under the contract to benefit the community or be refunded. As the Federation does not carry on a taxable trade nor operate with a view to make a profit no corporation tax liability arises. Employee Benefits: short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets. 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 company is demonstrably committed to terminate the e

FEDERATION OF FAMILY PRACTICES NORTH BELFAST C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 55 55

FEDERATION OF FAMILY PRACTICES NORTH BELFAST C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Debtors

2025 2024
£ £
Other debtors 982 69,256
Total 982 69,256

FEDERATION OF FAMILY PRACTICES NORTH BELFAST C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Creditors: amounts falling due within one year note

2025 2024
£ £
Other creditors 151,899 188,703
Total 151,899 188,703

COMMUNITY INTEREST ANNUAL REPORT

FEDERATION OF FAMILY PRACTICES NORTH BELFAST C.I.C.

Company Number: NI628980 (Northern Ireland)

Year Ending: 31 March 2025

Company activities and impact

The Federation of Family Practices North Belfast C.I.C. has now completed their tenth period of accounts. They have obtained area wide coverage of the support of practices within the North Belfast Area. They have received funding from SPPG. Support of the practices enables the Federation to have a united voice in pushing forward schemes and to obtain further funding which improve training and education of our staff that ultimately will be for the benefit of our patients in the community. SPPG funding has been received for delivery of pharmacy services in general practice. The project fundamentally benefits patient care in the community.

Consultation with stakeholders

The stakeholders are the members and their associated general practice surgeries. They hold regular board meetings where the members are informed of all activities and will be consulted on other matters before any major decision has been made.

Directors' remuneration

The accounts detail directors’ remuneration in the year of £45,251. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
13 November 2025

And signed on behalf of the board by:
Name: Dr S Hutchinson
Status: Director