Registered number: 10399618 (England and Wales)
Charity number: 1171964
TOUREEN DIVINE MERCY
(A Company Limited by Guarantee)
UNAUDITED
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Riordan O'sullivan & Co
Chartered Certified Accountants
40 Chamberlayne Road
London
NW10 3JE

TOUREEN DIVINE MERCY
(A Company Limited by Guarantee)
CONTENTS
Page
Reference and admlnlslratlve details ot the charity, its trustees and advisers
Trustees. Report
Dlre¢tors' responsibilities staternent
Independent Examlner's Report
Statement of Financlal Actlvltles
Balance Sheet
Notes to the Flnanclal Statements
9-15

TOUREEN DIVINE MERCY
(A Company Limited by Guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS DIRECTORS AND ADVISERS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Directors
Denis Nolan
Michael Sheahan
Company registered
number
10399618
Charlty registered number 1171964
Registered office
25 Cecil Road
Harrow
Middlesex
HA3 5QY
Accountants
Riordan O'sullivan & Co
Chartered Certified Accountants
40 Chamberlayne Road
London
NW10 &IE
Bankers
Natwest Bank
250 Bishopsgate
London
EC2M 4AA
Page 1

TOUREEN DIVINE MERCY
(A Company Limiled by Guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2024
The Trustees present their annual report together with the financial stalements of Toureen Divine Mercy for the
year ended 30 September 2024. The Annual Report seNes the purposes of both a Trustees. report and a
directors, report under company law. The Trustees confirm that the Annual Report and financial statements of
the charitable company comply with the current statutory requirements, the requirements of the charitable
company's governing document and the provisions of the Statement of Recommended Practice {SORP}
applicable to charities preparing their a￿OuntS in accordance with the Financia] Reporting Standard applicable in
the UK and Republic of Ireland {FRS102) (effective 1 January 20191.
Since the charity qualities as small under section 382 of the Companies Act 2006, the Strategic Fleport required
ol medium and large companies under the Companies Act 2006 (Strategic Report and Directors, Report)
Regulations 2013 has been omitled.
Objectives and aclivllies
a. Policies and objectives
The charity's objectives are for the relief of families of poor and terminally ill United Kingdom construction
industry workers in particular but not exclusively by the provision of financial and other charitable support as the
directors see fit from time to time.
b. Activlties for achlevlng oblectlves
The activities of Ihe charity were to provide financial assistance to families of workers who had difficuliy in paying
funeral expenses of their deceased.
Public benefit
In setting objeclives and planning for activities, the directors have given due consideration lo general guidance
published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a
charity {P821', and Ihis report seeks to comply with that guidance by clearly explaining and illustrating how the
charity delivers public benefit.
d. Risk assessrnent
The Board of directors has assessed the major risks to which Toureen Divine Mercy is exposed, in particular
those related lo the operations and finances of the charily. The Board is satisfied thal management and control
systems are in place to mitigale the charitvs exposure to major risks and undertakes to review these risks and
controls each year.
Achievements and performance
a. Activities
The trustees confirm that sufficient funds were raised which were used to provide some financial assistance to
families of workers as per the objectives. No fundraising activities were held during ihe year.
b. Revlew ot charltys Ilnanclal position ft)r the period
The results for the year are set out on page 7. The income for the year was £100,000. The expenditure for the
year was £53.258 which in turn increases the reserves carried foNard to £227,881.
Page 2

TOUREEN DIVINE MERCY
(A Company Limited by Guarantee)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Financial review
a. Going concern
After making appropriate enquirres, the Trustees have a reasonable expectation that the charity has adequate
resources to continue in operational existence for the foreseeable future. For this reason. they continue to adopt
the going concern basis in preparing the financial statements. Further details regarding the adoption of the going
concern basis can be found in the accounting policies.
b. Reserrfes polley
The Trustees consider it prudent to maintain an adequate level of unrestricted reseNes to provide funds which
can be designated for specific charitable pury)oses.
Struclure, governance and managemenl
a. Constllutlon
Toureen Divine Mercy is registered as a charitable company limited by guarantee and was set up by a
Memorandum of Association. It does not have share capital, cannot pay dividends and must utilise all its funds to
further its stated charitable objects. Under Clause 7 of the Memorandum of Association every full member, as
defined by Clause 3 of the Articles of Association. is liable to contribute a sum if necessary and not exceeding
£10 in the event of Toureen Divine Mercy being wound up.
b. Methods of appolntment or electlon ot Trustees
The management ol the charity is the responsibility of the directors who are elected and co-opted under the
lerms of the Memorandum of Association.
c. Organlsatlon
The Board of Directors. which comprises of 2 Trustees, is the governing body of Toureen Divine Mercy. It is
responsible for overseeing the management of Toureen Divine Mercy.
Dlre¢tors
The Directors who seNed the charitable company during the year were as follow:
Denis Nolan
Michael Sheahan
Trustees
The Trustees who served the charitable company during the year were as follow:
Denis Nolan
Michael Sheahan
Patrick McNamara
Page 3

TOUREEN DIVINE MERCY
(A Company Limited by Guarantee)
TRUSTEES. REPORT (co￿riNuED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Trustees. Interests
Both directors are trustees of the charity- Directors may claim for reasonable expenses incurred in undertaking
the objectives of Toureen Diwne Mercy but in Ihis case, they do not receive any expenses. remunerations or
other financial benefit. Directors have confirmed that they do not have and have not had any beneficial interest in
any contract with the company.
Approved by order of the members of the board of Trustees on 14 April 2025 and signed on their behalf by..
Denis Nolan
Director and Truslee
Page 4

TOUREEN DIVINE MERCY
(A Company Limiled by Guarantee)
STATEMETrff OF DIRECTORS, RESPONSIBILITIES
FOR THE YEAR ENDED 30 SEPTEMBER 2024
The directors (who are also the trustees of the charty for the puryioses of company law) are responsible for
preparing the Trustees, Report and the financial statements in accordance with applicable law and United
Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting Practice).
Company law requires the Truslees to prepare financia] statements for each financial year. Under company law.
the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair
view of the state of affairs of the charity and of its incoming resources and application of resources, including its
income and expenditure. for that period. In preparing ihese tinancial statements. the Trustees are required to-
select suitable accounting policies and then apply them consistently.,
observe the methods and principles of the Charities SORP {FRS 102).
make judgments and accounting estimates thal are reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
charity will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain
the charitys transactions and disclose wtth reasonable accuracy at any time the financial posilion of the charity
and enable them to ensure that the financial stalements comply with the Companies Act 2006. They are also
responsible for safeguarding the assets of the charity and hence for taking reasonable sleps for the prevention
and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees on 14 April 2025 and signed on its behalf by..
Denis Nolan
Director and Trustee
Page 5

TOUREEN DIVINE MERCY
(A Company Limited by Guaranlee)
INDEPENDETr￿ EXAMINER'S REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Independent Examlner's Report to the Trustees of Toureen Divine Mercy ('the ¢harltY)
I report to the charity Trustees on my examination of the accounts of the charity for the year ended 30
September 2024.
Responslbilitles and Basis of Report
As the directors of Ihe charity (and ils trustees for the purposes of company lawl you are responsible for the
preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act,).
Having salisfied myself that the accounts of the charity are not required to be audited under Part 16 of the 2006
Act and are eligible for independent examination. I report in respect of my examination of the charitys accounts
carried out under section 145 of the Charities Act 2011 (Ihe 2011 Act'l- In carrying oul my examination I have
followed the Directions given by the Charity Commission under section 145{5llb) of the 2011 Acl.
Independent Examiner's Statement
I have completed my examination. I confirm that no matters have come to my attenlion in connection wilh Ihe
examination giving me cause to believe-
accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act,. or
the accounts do not accord with those records. or
the accounls do not comply with the accounting requirements of section 396 of the 2006 Act other than
any requirement that the accounts give a'true and fair, view which is not a matter considered as part of
an independent examination- or
the accounts have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by chartties lapplicable to charities preparing their
accounts in accordance wtth the Financial Fleporting Standard applicable in the UK and Republic of
Ireland (FRS 102)].
I have no concems and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounls lo be reached.
This report is made solely to the charitls Trustees. as a body, in accordance with Part 4 of the Charities
(Accounts and Reports) Regulalions 2008. My work has been undertaken so that I might state to the charitls
Trustees those matters l am required to state lo them in an Independent Examiner's Report and for no other
purpose. To the fullest extent permitted by law. I do not accept or assume responsibility to anyone other than the
charity and the charitys Truslees as a body. for my work or for this report.
Dated- 14 April 2025
Kumar Perumal IFCCAI
Riordan O'sullivan & Co
Chartered Certified Accountants
40 Chamberlayne Road
London
NW10 3JE
Page 6

TOUREEN DIVINE MERCY
(A Company Llmited by Guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Unreslricled
funds
2024
Restricted
funds
2024
Total
funds
2024
Total
furFds
2023
Note
Income from:
Donations and legacies
100,000
100,000
100,323
Tolal income
100,000
100,000
100,323
Expenditure on:
Charitable activilies
53,258
53,258
56,083
Tolal expenditure
53,258
53,258
56,083
Net income
Transfers between funds
46,742
(46,742)
46,742
44,240
46,742
Nel movement in funds before other
recognised gains and losses
46,742
46,742
44,240
Net movement In funds
46,742
46,742
44,240
Reconciliation of funds:
Total funds brought forward
Nel movement in funds
181,139
46,742
181,139
46.742
136,899
44,240
Total lunds carried fotward
227,881
227,881
181,139
Page 7

TOUREEN DIVINE MERCY
(A Company Limited by Guarantee)
REGISTERED NUMBER: 10399618
BALANCE SHEET
AS AT 30 SEPTEMBER 2024
2024
2023
Note
Current assels
Cash at bank and in hand
227,881
181, 139
Net assets
227,881
181, 139
Total net assets
227,881
181,139
Charity funds
Unrestricted funds
227,881
181,139
Total tunds
227.881
181. 139
The charity was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company lo obtain an audit for the year in question in accordance wlh
section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complwng with the requirements of the Act with respect to
accounting records and preparation of financiai slatemenls.
The financiai statements have been prepared in accordance wilh the provisions applicable to entities subject to
the small companies regime.
The financial statements were approved and authorised for issue by the Trustees on 14 April 2025 and signed
on their behalf by:
Denis Nolan
Director and Trustee
Page 8

TOUREEN DIVINE MERCY
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
General inlormation
Toureen Divine Mercy is a charitable company limited by guarantee incorporated in England and Wales.
The registered office is 25 Cecil Road. Harrow. Middlesex HA3 5QY.
Accounting pollcles
2.1 Basis of preparation of financial stslements
The financial statements 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 20191. Ihe Financial Fleporting Standard
applicable in the UK and Republic of Ireland {FRS 102) and the Companies Act 2006.
Toureen Divine Mercy meets the definition of a public benefit entity under FRS 102. Assels and
liabilities are initially recognised at historical cost or transaction value unless olherwtse stated in the
relevant accounting policy.
The financial statements are prepared in sterling, which is the functional currency of the company.
Due to the liquid reseNes in the balance sheet, the trustees have identified no material uncertainties
that may cast a significant doubt over the abilty of the company to continue as a going concern.
2.2 Income
All income is recognised once the charity has entitlement to the income. it is probable that the income
will be received and the amount of income receivable can be measured reliably.
All incoming resources are recognised in the Statement of Financial Activities, on page 6, when
received ensuring no advance credit of monies are taken and to reflect prudent accounting practice.
2.3 Expenditure
Resources are deatt with on an accruals basis and are analysed as detailed on the Statement of
Financial Activities. Where costs have nol been directly attributable to a particular category, they
have been allocated to activities on a basis consistenl with the use of Ihe resources.
Charitable activities and Governance costs are costs incurred on the charitys operations, including
support costs and costs relaling to the governance of the charity apportioned to charitable activities.
2.4 Fund accounting
The financial statements of a charity must differentiate between restricted and unrestricted funds.
General funds are unrestricted funds which are available for use at Ihe discretion of the Trustees in
furtherance of Ihe general objectives of the charity and which have nol been designated for other
purposes.
Reslricted funds are funds which are lo be used in accordance y￿th specific restrictions imposed by
donors or which have been raised by the charity for particular purposes.
Page 9

TOUREEN DIVINE MERCY
(A Company Limiled by Guarantee)
NOTES TO THE FINANCIAL STATEMEfvrrs
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Accountlng pollcles {contlnued)
2.5 Taxation
The charity is considered to pass the tests sel out in Paragraph 1 Schedule 6 of the Finance Act
2010 and therelore it meets the definition of a charttable company for UK corporation tax purposes.
Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains
received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section
256 of the Taxation of Chargeable Gains Act 1992. to the extent thal such income or gains are
applied exclusively to charitable purposes.
2.6 True and fair view
By the nature of it principal activities, the company is a non-profit making charity and because of this,
a Profit and Loss Account is not included in these accounts. being replaced by a Statement of
Financial Activities.
Twstees. remuneratlon and expenses
During the year, no Trustees received any remuneration or other benefits (2023 - £NIL).
During the year, no Trustee expenses have been incurred (2023 - £NIL).
Page10

TOUREEN DIVINE MERCY
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Analysls of totsl resources expended
Summary by fund type
Restricted
funds
2024
Total
2024
Funeral costs
Bank charges
53,257
53,257
Tolal 2024
53,258
53,258
Restricted
funds
2023
Total
2023
Funeral cosls
Bank charges
56,036
47
56,036
47
Total 2023
56,083
56,083
Page11

TOUREEN DIVINE MERCY
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Statement of funds
Statement of funds - current ￿ar
Balance at
30
Transfers September
inlout
2024
Balance al 1
October
2023
Income Expenditure
Unrestricted funds
General funds blf
Transfer funds
181,139
181,139
46,742
46,742
181,139
46,742
227,881
Restricted lunds
Funds movement during the
year
Transfer funds
100,000
(53,258)
46,742
(46,742}
(46,742)
100,000
(53,258)
{46,742)
Total of funds
181,139
100,000
(53,258)
227,881
Page 12

TOUREEN DIVINE MERCY
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOFI THE YEAR ENDED 30 SEPTEMBER 2024
Statement of funds (continued)
Statement of tunds - prior year
Balan￿ al
l October
2022
Balance al
Transfers 30 September
in/oul
2023
Income Expenditure
Unrestricted funds
General Funds- all funds
Transfer funds
136,899
136,899
44,240
44.240
136,899
44,240
181, 139
Restricted funds
Restricted Funds - all funds
Transfer funds
100.323
(56,083)
44.240
(44,240)
{44,240)
100.323
(56,083)
(44,240)
Total of funds
136,899
100.323
(56,083)
181, 139
Page13

TOUREEN DIVINE MERCY
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Summary of funds
Summary of funds - current Far
Balance at 1
October
2023
Balance at 30
September
2024
Transfers
inlout
Income Expenditure
General funds
Restricted funds
181,139
46,742
(53,258) (46,742)
227,881
100.000
181,139
11)0,000
(53,258)
227,881
Summary ol lunds - prior year
Balance al
l October
2022
Balance al
Transfers 30 Septembei
in/oul
2023
Income Expendilure
General funds
Restricted funds
136.899
44.240
(56.083) (44,240)
181,139
100,323
136.899
100.323
(56.083)
181,139
Page 14

TOUREEN DIVINE MERCY
(A Company Limited by Guaranlee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Analysls of net assets between funds
Analysls of net assets between funds- current period
Unrestricted
funds
2024
Total
funds
2024
Current assets
Current liabilities
227.881
227,881
Total
227,881
227,881
Analysis of net assets between funds - prior perfod
Unrestricted
funds
2023
Total
funds
2023
Current assets
Current liabilities
181, 139
181,139
Total
181,139
181, 139
Page 15