eompamy reglstration number: 29120S

SAFE IRELAND NATIONAL SOCIAI. CHANGEAGENCY CLG

Financial statements

for the financial year ended 3i December 2016

SAFE IRELAB{S }8AT!ONAI- SOCIAL CFIANGE AGENEY CLG

eontents

Directors and other information

Directors report

Directors responsibilities statement

lndependent auditor's repon to the members

Income and Expenditure Account

Statement of income and retained earnings

Balance sheet

Slaiei'nent of cash flows

Notes to the finaneial statements

Page

1

2-3

4

5-6

7

I

I

10

11-15

Eireetors

Secretary

Gornpany number

Hegistered offiee

Eusiness address

Aud0tor

Bankers

SAF'E IffiELAND I'TATIO$IAL SCICIAL CHANGE AGENGY G!-GCompany limitcd by guarantee

Efreators and other information

ANN LARKXI{

DEIRDRE LAWLORSIOBHAN McKENNAKATHLEEN MTJRPHY

ANNAMARIE FOLEYDENISE DUNNEANGELA COURTNEY

ANN LARKIT{

291205

NO.5 CENTRE COURTBLYRY tsIJSINESS PARKATHLONECO. WESTMEATH

NO.5 CENTHE COURTBLYBY BIJSINESS PARKATHLONECO. WESTMEATI{

O'SULLIVAN, KEEGAN & CO.21 PEARSE ST,ATHLONECO. WESTMEATH,

ALI.IED IRISX.iBANKKEI-LSCO MEATF{

Fage X

SAFE IRELAND $.€ATS&NAL SOCNAL EHANGE AGESICY CLG

D0reetens repod

The directors present their annual report and the audiied financial statements of the company for thefinancial year ended 31112116.

DireclorsThe names of the persons who at any time during the financial year were directors of the cornpany are asfollows:

ANN I.ARKINDEIRDRE LAWI.CRSIOBI{AN McKENNAKATFTLEEN MUBPFIYANNAMARIE FOLEYDENISE DUNNEANGEI-A COT.JRTNEY

Frincipal activitiesSafe lreland National Social Ghange Agency GLG represenls refuges and support seruices that are workingin ihe area of violence against women. lt aims ts be an agent ol change in lrish society, a resource to ilirnembers, and a co-ordinator of agreed high shndards of praetice and procedures in services, as well asreflecting h(;h standards of professionalism in its own progtam of activities. lt operates frorn its prernises atNo" 5 Centre Court, Elyry Buslness Park, Athlone, Co. W+stmeath.

Principal risks and uncertaintiesThe Directors have not identified any specific risks or uncertainties affecting the Company, The costs ofrunning the Company are consistent with prior year and are expected to remain constant in lhe future.There, the directors do not foresee any risks or uneertainties in this regard.

Likely future developrnenlsThe Direclors are not expecting to make any significate changes in the nature of the business in the nearfuture.

Aecounting recordsThe measures iaken by ihe directors to secure compliance with the requirements of sections 281 lo 285 ofthe Companies Act 2014 with regard to the keeping of accounting records are the implementation ofnecessary policies and procedures for recording iransactions, the employrnent of competenl accountingpersonnel with appropriate expertise and the provision of adequate resources lo the financial furrction. Theaccounting records of the company are located at the Registered Office.

Helevant audit infonnationln lhe case oi each of tho persons who are directors at the time this report is approved in accordance withsection 332 of Companies Act 2014:

' so far as each director is aware, there is no relevant audit information of which the company's statutoryaudilors arg unaware, and

' each director has taken all the steps that he or she ought to have taken as a director in srder to makehimself or herself awars of any relevant audil information and to establish that tfTe cornpany's staiutoryauditors are aware of that information.

trage 2

SAFE IRHLAffiD NATBOhBAL SOCIAL &ffiAtrGE AGS$UCV CLG

Bireetors nepoffi (aomtinued)

This report was approved by the board of dinectors on 25104t17 and signed on behalf of the board by:

G,*< lne^&* d)-*ze*; l'/'{n***ANN LARKINEirector

SIOBI-{AN, McKENNADirector

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$AFE IffigLAfrID FIAT}OF,IAL S&GIAL Eft{A*{GE AGENGY CtG

Direetors nespensihiiifies statermeert

The directors are responsible for preparing the directors report and the financial statefi.Ients in accordancewith applicable lrish law and regr.llations.

{rish cornpany law requires the directors to prepare financial statements for each financial year. Under thelaw, the directors have elected to prepale the financial statements in accordance with Conrpar-ries Act 2014and FRS 102 'The Financial Beporting Standard applicable in the UK and RepuUic

"t Iretar'0" issued by the

Financial Reporting Council, and promulgated by ihe lnstitute ol Certified iruntic Acctuntants in lreland,Under- Gornpany law, lhe directors must not appr6ve the financial statements unless they are satisfied thatthey give a true and fair view of the assets, Iiabiiities and financial position of the company as at the financialyear end date and of the profit or loss of the company for the finincial year and oth'enwise comply witn inJCompanies Act 2014.

ln preparing these financial statements, the directors are required to:' select suitable accounting policies and then apply them consistently;' make judgments and accounting estimates that are reasonable and prudent;" state whether the financial statements have been prepared in accordanee with applicable accounting

siandards, identify those standards, and note the effect and the reasons for any materiat departure fror[those standards; and

3 prepare the financial statements on the going concern basis unless it is inappropriate to presume that thecompany will continue in business"

The directors are responsibleJor ensuring that the company keeps or causes to be kept adequaie accountingrecords which correctly explain and record the transactioni of the company, enable

"at any iime the assetiliabilities, financial position and profit or loss of the company to be oetermined with reaionable

"""rrr"y,enable them to ensura that the financial statements and diiectirs report comply with the Companies Act 20.,4and enable the financial stalements lo be audited. They are also r6sponsinie for sateguiroing the assets ofthe cornpany and hence for taking reasonable steps ior the preyention and detection ot fraud and otherirregularities

trage 4

we have audited the financial statements of $AFE TRELAND NAT|oNAL SoctAL oHANIGE AGENcy cLGtor the year ended 31112116 which connprise.the profit and loss account, statement of income and retalnedearnings, balance sheet, statement oi cash fl6ws and related notes. The reterint financial reoorrinofrarnework tlrat has been applied in their preparation is the Companies Act ZA14 and FR'S'i'ilff; ;ffi;];jReporting standard applicable in the uK and Republie of lreland.issueo ny ine Finun.i"l Reporling counciland promulgated by the lnstitute of certified public Accountants in lreland.

This report is made solely to..the cornpan/s members, as a body, in accordance with section 3g1 of ilreCompanies AcL2014. Our audit work has been undertaken so that we might state to the compan/s mernbersthose matters we are required to state to them in an auditor. r"fiort andloruo uth"r. prrpo"". To the fullestextent permitted by law, we do not accept or assum€ responsibility to anyone other rrdn trre ."*pa6y unJtn*company'S mernbers as a body, for our audit work, for this report, Lr tor the oplnions we fraye formed.

Respective responsibilities of directors and auditorAs explained more fully in lhe directors responsibilities staternent sel out on page 4, the directors areresponsible,lor the preparation of the financial statements and for being satisfiuO fi"tir,ey give a true and fairview and otherwise comply with the companies.A g\?014. our responsibility is to audit and express an opinionon the financial staternents in accordance with lrish law and lniernationat Standards on Auditing (UK andlreland). Those standards require us to comply with the Auditing Piactices-aofi;;- Ethical standards forAuditors.

Seope of tlre ardit of the finaneial statementsAn ar;dit involves obtaining evidence about the amounls and disclosures in the financial statements st:fficientto Eive reasonable assurance that the finaneial statements are free trom rnateriii misstatement, whethercaused by fraud or error' T'his includes an assessment of: whether the accounting policies are appropriale tothe company's circurnstances and have. been consistenlly applied ;d ;6dately disctosed; thereasonableness of significant accounting estirnates madg by the directors; and the overall presentatiofl of thefinancial statements' ln addition, we reJd all the financial and non-financial information in trre directors repoftto identity nnaterial inconsistencies with the audited financial starernents and to ioenrity any information that isapparently materially incorrect based on, or malerially inconsistent with, tfre rnowleo$e-acquireo by us in thecourse of performing the audit. lf we become aware of any apparent material misstaternents orinconsistencies we consider the implications for our report.

Opinion on financial staternentsln our opinion the financial staternents:' give a true and fair view of the assets, liabilities and financiat position of the company as at 91/12116 and ofits loss for the year then ended; and' have been properly prepared in aecordance with lhe relevant reporting framework and, in particular therequirernents of the Companies Act2014.

ftlatters on which we are required to report by the companies Act 2014" We have obtained all the information and explanations which we consider necessary for the purposes ofour audit.

" ln our opinion the accounting records of the company were sufficient to permit the financial stateylents tobe readily and properly audited"' The financial statentents are in agroement with the accounting records.' ln our opinion the information given in the directors report is consistent with the financial staternents.

lmdepemdemt auditor's repoffi to the membcns ofSAFE IRELATqE iltATICIHAL SOeHL CHATGE AGETOY eLG

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lndependemt auditor's repo* to il.ae rflembers ofSAFE |RELATD NATIOT,{AI. SoelAL CT{AHGE AGEnxcY GLG (eontinued}

Itlatters sn which we are required to repod by excepttonwe ttave nothing to report in respect of our obligalion under the companies Act 2014 which require us toroport to you if, in our opinion, the disclosures of directors remuneration inO transactions specified by sections305 to 312 of the Act are not made.

4.1l\,-,4' f /,@) *"., c f{*

DONAI- KEEGAN, C"P.ilA

For and on behalf ofO'SULLIVAN, KEEGAN & CO.21 PEANSEST.ATHLOT!ECO. WESTMEATI.{"

25/04/'t7

Fage 6

Income

Gross Inconne

Administrative expenses

Expemditure over tncome

Exeess Expenditure oyer lncome

SAF€ IRE!-Af.ID I'IATIOhIA&- S0CIAL CFIANGE AGEhICY GLG

lncome and expenditure aceountFlmanclal year ended gI/iA16

Note

2016 2015€€666,299 540,636

666,289 540,636

{694,634) {541,541)

{28,345) (90s)

{28,345) (905)

Ali the activities of the company are from eontinuing operations.

The company has no other recognisec items of inconre and expenses other tl-lan ihe results for the financialyear as set out above.

The m@tes @ix pages 11 to i5 form pa,t of tEaeee f{elame$al $taterees:?s.

Fage 7

4

SAFE ffiEE.AruO IqATM9{AB- SOGIAL EHANGE AGEhXEY CLG

$tatemecit of income and retained earmimgs' Flnamcial year ended 37l1Yi6

2015E

{28,345) {eos)

1 'tr 8,041 1 19,946

89,696 '1 18,041

2016E

Loss for the financial year

Hetained earnings at the stant of the tinancial year

Retained earmings at tlre end of the finamcial year

Fage I

Fixed assetsTangible assets

eurrent assetsDebtorsCash at bank and in hand

Greditors; amoumts faiting duewithin one year

ldet eurrent as@t$

Total assets less eurrent liabilities

hlet assets

eapitaland reservesProfii and loss account

Menobers funds

$AFH TffiELANB NAW&ruAL SOCfiAL CF{A&IGE AGEffiey eLG

Baiamec sg?eet

As at 31/12/16

9fi{A

${ete € €

6 2,939

2,939

7 17,339241,213

201 5

€€

677

677

218,552

E (131,795)

1,667223,090

224,757

(1 07,393)

8$,757

89,696

89,696

89,696

89,896

tSo,dA*L /,/ "/G4.q-SICBHAN McKEI\NADirector

The motee sm pages x'l to trS form part of thcse *imameiag statermemts"

117,364

I 18,041

1 19,041

1 18,041

119,041

These financial statements were approved by the board of directors on 25/o4/17 and signed on behalf o, theboard by:

- r i^#a,.,7 /a{-WAI{I\JLAFiKINJ

Director

Fage I

SAFE {ffiELAtrB NAYTSffiAL SCICBAL CHANGffi AGffitrEY CLG

Stateffient of aash flowsFiraame!'a$ year eetded 3t/'Xeli6

eash fBows fnom opcrating aatEwitiesLoss for the financial year

Adjustrnents for:Eepreciation of tangible assetsAccrued expensesl(inconr e)

Changes in:Trade and other debtorsTrade and other creditors

Cash generated from operations

Net cash used in operating activities

Sash fiows frorm invest6ng eetivEtEesFurchase of tangible assets

Net cash used in investirrg activities

Net ircerease/(deerease) in eash and easle equlvalcntseash and eash equlvatrents at begEr:roing of fimancia$ year

Cas$: aald oash equivalemts at end sf flmamcia8 year

2016

€

(28,345)

1,639(883)

t15,672)25,285

2015zL

(e05)

338(610)

(5,521)

{20,092)

(17,977) {26,790)

(17,s77) {26,7e0)

(3,900) (1,015)

-E{ry) -!,015)

t21,877) {27,8A5)223,090 250,995

201,213 223.OgO

Pegc t&

2.

SAF€ IRELANP MAT!CIIIIAL SsclAL GHAHGE AGE'{CY GLG

Hotes to the financial statementsFinaneial year ended Blti?/16

Statemertt of eonrptrlanee

These tinancial statements iave been prepared in connpliance with FRs 102, The Finanrcial RepofiingStandard applicable in the IJK and Republie of lreland,.

Aecounting polieies

Basis sf preparationThe financial statements r,3yq !.Tn prepared on the historical cost basis, as moditied by the revaluation ofcertain tinancial assets and liabilities and investment properties measured at fair value through profit or loss,

The financial statements are prepared in Euro, which is the functional cunency of the entity.

Transltion to FRS't02The entity lransitioned from previous lrish GAAP to FHS 102 as at 01/01/15. Details of how FHS ]02 hasaffected the reported financial position and financial performance is given in note .10.

Tanglble assetsTangible assets are initially recorded at cost, and are suhsequentiy stated at cost less any accumutateddepreciation and irnpairment losses.

Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluationless any subsequent accurnulated depreeiation and subsequent accumulated impairnleni to."u.,

An increase in the carrying amounl of an asset as a result of a revaluation, is recognised in othercomprehensive income and accumulated in capital and reserves, excepl to ihe exterit it reverses arevaluation decrease of the same asset previ6usly recognised in profit or loss. A decrease in thecarrying amount of an asset as a result of ievaluation is re'cognised in other cornfrenensive income tothe extent of any previou_siy recognised revaluation increasiaccumulated in Jdpital and reserves inrespect of that asset. Where a revaluation decrease exceeds the accurnulateo revaluation gainsaccurnulated in capital and reserves in respect of that asset, the excess shall be recognised in prjtit orloss.

DepreciationDepreciation- is calcuelated so as to wrfte otf the cost or valuation of an asset, less its residual value,over the useful economic life of that asset as follows:

lf there is an indication that there has been a significant change in depreciation rate, useful life orresidual value of tangible assets, the depreciation ii revised prosflectively to reflect tfre new estirnates.

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SAFE IRELAND NATIONAL SOCIAL CHANGE AGENCY CLG

Notes to the financial statements (continued)Financial year ended 31112116

lncome

lncome arises from

Funding lncome (see below)

2016 2015€€

666,289 540,636:

-ol the lncome is attributable to the principal activity of the company wholly undertaken inThe wholelreland.

TUSLA FundingThe Community Foundation for lreland lmpactGrantsThe Community Foundation for lreland Donor Funds

POBAL (DECLGiDHPCLG)coscTHE WHEELINASC ProjectSNAP ProjectDept. of JusticeOther lncome

Operating loss

Operating loss is stated after charging/(crediting):

Depreciation of tangible assetsFees payable for the audit of the financial statements

2016 2015€€

269,000 251,75010o,0oo 91,00065,00080,758 74,606

40,0006,538 5,969

20,681 45,39856,979 18,722

5,500 6,40061,833 6,791

686,289 540,636

2016 2015€€

1,638 3382,591 2,591

Page12

4.

SAFE 5ME[.4$'8S NATSO${AL S@O!A!. EHAruGE AGE${CV CLG

$lotes to the fistarnel"a[ statemeslts ieontimued]Finamelal ycar emded 3iliU16

Statf eosts

The average number of persons employed by the company duringdirectors, was as follows:

Employees

The aggregate payroll costs incurred during the financial year were:

Wages and salariesSocial insurance coslsOther retirement benelit costs

the financial year, including the

2016 2015l'lumber Number

54

20r6€

202,55A

28,22515,129

305,910:

2015c

193,421

20,79311,721

225,935-...-'-...::]'-.---

FaEe'!3

SAFE IRELAB{D f,{AT!O3.IAB- SOGiAL Gfr{A${GE AGET.IGY CLG

b8etes tCI the firtaneEatr statermcnts {eontimued)Finaneial yean ended 3Xl1U'16

6, TangibNe assets

eostAt 01/01/16Addilions

At31t'12fl6

DepreeiationAt 01/01116

Charge for thefinancialyear

At 31/1416

Carrylng amountAr 31/12/X6

CostAr 01/01/15Additions

At31/',tzJ15

DepreciationAr 01/01/15

Charge for thefinancialyear

A:t.31t12/15

Garuying amountAt 31112/15

Fixtures,fittings andequipment

EE

1,015

3,900

338

1,638

Fixtures,littings andequipment

€

1,015

4,9.i5 4,915

Total

€,

1,0'15

3,900

338

1,638

1,976 1 ,976

2,939 2,939

Total

1 ,015

1,0't 5 1,015

338 338

338338

677 677

Page 14

SAFE {ffiEtA$SS NATfiO&I-&L S&CfiAE- CHAhfGE AGEI{GV SE-G

t{otes to the finameia! statememts (eomtialued}Financiaf, year en'rded 3'l/1916

v" Debtors

Trade debtorsPrepayments and accrued incorne

8. eredEtors: arnoumts fa$limg due wEthln one ycar

Trade creditorsDeferred incomeTax and social insurance:

PAYE and socia!welfareAccruals

20'!6€

15,364

1,975

17,339

-2016

€37,15''82,000

8,5074,137

i ai 708

201 5

€

't,667

1,667

2A15

€18,26277,253

6,8585,020

107,393

6

{n

Employee benetits

Theamounl recognised in profit or loss in relation to defined contribution plans was €'lS,129 (2015:€1"t,721).

Transitiom to FBS 102

These are the first financial statements thai cornply with FRS 't02. The company transltioned to FRS102 on 01/01/15.

Reconciliation of equltyNo transitional adjr.lstrnents were roquired.

Reconciliation of profit or loss for the financial yearNo transitional ad.lustments were required.

Approval of financial statements

The board of dlrectors approved these financiail statements for issue on 25 April 2017.

"! x.

Fage {5

SAFE IRELAT.€B B{ATIOhIAL SOGIAL EHANGE AGE${CV EtG

The follorp6mg pages do mot fonm part of the statutory aeeoslslts"

SAFE IHELAND IUATIOI{AI- $OE!A!. CI{AT.TGE AGEilCY CLG

Eetailed lneorne and Expenditure Accoucnt

Financial ycar ended 31/1U16

laleoffi?e

Overheads

Administrative expensesWages and salaries

Employer's PRSI contributionsStatf pension costs - defined contributionStaff training and supportPremises coslsOther office costsProjeets deliveryNotworklng and representationICT costsTravelling and subsistenceBoard costsFinancial management costsAuditors remuneration

Bank chargesDepreciation of tangible assets

Operating loss

Loss om ordinary actlvlties before taxation

666,289 540,636

2016€

666,289

(262,556)

{28,225){15,129)

{4,615){14,951)

(2,926)(290,926)

(2,204)

{'t7,870){22,369)

(6,453)(21,525)

{2,591}{656)

(1,638)

{694,634)

{28,3r'.s]

(28,345)

201 5tli

540,636

(541 ,541)

(e05)

__f9?

{193,421)

{20,793)(11,721)

(5,410)

114,628)

t4,460)(218,824)

(3,348)(16,811)(15,366)

(7,350)

{25,830)

{2,591)(650)(338)

Fage tr7