Charity number: XT6683 1 NIC100720 Company number: N1069874 THE PAT FIMJCANE CENTRE LTD (A coDipany limited by guaralltec) Directors, r¢port and fanCial stat¢ments for the year ended 31 Marcb 2024
THE PAT FINUCANE CENTRE LTD (A company limited by guarantse) Contents Legal and administrative infomtIOn Directors, report Independent VAaminers' report Statement of fll)ancia] activities Balance sheet Notes to the financial statements 10-15
THE PAT FtNUCANE CENTRE LTD (A company limited by guarantee) Legal and administrative information Charity Name The Pat Finucane Centre Ltd Charity Number XT6683 NIC100720 Company Registration Number N1069874 Registered Office and Operational Address Unit B8, Rath Mor Centre Blighs Lane Derry BT48 OLZ Secretary Adrienne Reilly Directors of The Pat Finucalle Celltre James McGleenan Robin Percival Patrick Hillyard Stuart Ross Martin Anthony FiJ)ucane - Resigned 4 April 2024 Aidan Shiels - Appointed l Jutte 2023 Adrienne Keilly Adriau Kerr Bernadette Joly Julieann Catllpbell Angela M¢Kenna Chairperson Accountants McGroarty Mccafferty & Company Ltd Accountants and Consultants 2 Carlisle Terrace Derry, BT48 6JX Bankers AIB (NI) Meadowbank House D¢rry, BT48 7TN Carndonagh Co. Donegal Solicitors Mac Derniott. McGurk & Partners 12 Clarelldon Strcct Derry BT48 7ET Page I
THE PAT FINUCANE CENTRE LTD (A company limited by guarantee) Report of the directory for the year ended 31 March 2024 The dii'eclors present thcir report and the fmanciaS slatements for the year ended 31 Marclj 2024, The directors of THE PAT FINUCA'NE CENTRC LTD (The PFC Ltd) for the purposes of company law aud who served during the y#ar and up to the date of thi5 report are set out on page l. Our Aims and Objectives Piir oses ld Aims The company is established to promote human rights and the promotion of effective remedies following any breach of the Universal Declaration of Hunwi Rights, for the beneflt of the inhabitants of Derry City and Straban¢ District Council ArLa, the environs of Northern Ireland and throughout Ireland (hereinafter called "the area of b¢nefii") without distinction of ag¢, gciider, disability, sexual orientation, natioiialily, ethiiic idclltity, political or religious opinion by asbociating tlie statutory aut]iorities, voluntary organisations and ll]habilaiits iii a comtllon ¢tfort to advance educatioii with the object of improvin¢J the conditions of life for the said inhabitants and in particular to: a) promote eduGation in human rights whether by tsaChI producing materials or by conduction or Gommissioning research (and publishing the results of such research): b) raisiiig public aww'oness ld rullivaling sentiment in favour of human rights by the of publications, le¢tures, huiiian rights awards, the media, public advocacy and other means of GommuniGations' c) provnoting the souiid admiriisti'ation of doinestic humaD rights law by Gonducting OT commissioning r¢search in domestic human rights and publisliing 11)e same to public. d) promoting the enforcement of domesti¢ human rights law by the state and its institittions. The Focus of our Work The Recove of Livin Mellno ArchAve ROLMA The main focus of The PFC Ltd ig the ROLMA. The ROLMA provides an advocacy, advice and support service to families. bereaved as a result of the confiict, who wish to engage with statutory ag¢ncies to establish the faLts surrounding the death/s of their loved on¢ls. The service, whi¢h is free of clige, is already available to families on a cross collllnunity and cross border basis. The ROLMA engages with the Office of th¢ Police Ombudsman in Northern Ireland and other statutory bodies. If the Nl Executive agrees to a new overarching body to COwordiDate all historic invcstigations the ROLMA would Continue its advocacy, advice and support role in the context of any new CoJnmi&sion appointed by the two governments and any new unit appointed by the Commission. The involvGment of the Offic¢ of the Police Ombudsman in Thistoric, investigations Iw lcd to a m&ssive increase in our workload duc to our long stsnding involvement in various projects around truth recov. Thc liaison btheen b¢reaved famili¢s and statutory agencies in historic Cases raty involves the l¢gal profession as advocates for two reasons. many of the issues raised by fau]ili¢s, perhaps twenty. thirty years aft¢r a death, arc not strictly legal. and secondly. legal aid is not availabl¢. As a direct consequence there is a rol¢ for hullWI rights NGOS in a process which is more alan to truth T¢covery in transitional justice than as an integral part of the criminal justice system. Page 2
THE PAT FIIYUCAIYE CENTRE LTD
(A company limited by guarantee)
Report of the directors
for the year ended 31 March 2024
The project aims to ensure that individual families receive the maximum perniissible disclosurc of information regarding
the death/s of the relativels from those statutory agencies. North and South of th¢ border, t&sked with invesLigating
historic ¢onflict r¢lated fatalities. The project further aims to ensure that families are supported and accompani¢d
throughout this process by staff who are skilled and experienced in liax3ing with the relevauL statutory agencies and have
dLV#l0p aThalytical 'paral¢gal' skills in relation to otfici&l rbports. Implicit to th¢ adYoLacy and support rolcs is an
understanding that the process should provide for some level OF conrfort and solac¢ for tliose involved. Furth¢iYnore il is
inlend¢d that tljis pi'oGess will, at the very l¢ast narrow tho list OE questions passed trom gttneration to genLratioii
followinL* a violent death. Tliis in turn should lessen the impaGt of irans-g¢nerational trauma. A pusiliv¢ ¢Dgageiii¢nl
bctwven bereavcd f(ImiliLs and stalutory agenci¢s will contribute in tim6 to recoiiciliation at a societal level as individuiil
hurts are addressed and acknowledged.
The Concept of acknowledg¢ment and respect for those who have becn directly aEfeLted by the conflict is the foundalion
stone upon which the ROLMA has been built. Th¢ legacy of violent coiffjicL the loss of ovcr 3,600 lives, iy also a
legacy ol anger, bitterness and. ultimately, unanswered quLstions from victims and survivors. These un]8W¢red
questions, this act of knowledgc. preclud¢s aGknowledg¢tnent, Without aGknowledgoment acrL)ss the board there can bo
no propor generatkonal proL¢SS of reconciliation. Each family that roc¢ives answer5 to questions that many hav¢ beLn
afraid to ask uiitil now can 1¢ nd should be rtgarded as a building bloak in a bYTadual proces5 of healing. Etvery questiOEI
thal is ai)swerLd in tliis geiieration is a question that will no longer be passed on to the iiext, perhaps n¢ver to be
THE PAT FINUCANE CKNTRE LTD (A company limited by guarantee) Report of the directors for the year ended 31 March 2024 Recru ittnerjt and A ointment of the Board of Directors Th¢ directors of th¢ cornpany are also charity trnstees for the pwposes of charity law and under the company's Articlcs ar¢ known as members of the Board. Under th¢ requirements of the Memorandum and Articles of knociation the members of the Board "e elected to serv¢ for a period of three years aft¢r which they must be re-el¢Gted at the next Gen¢rnl Meeting. All members of Board give their time voluntarily and received no benefits from the Charity. Due to the nature of human rigbts based legw work much of th¢ charitys work inevitably focuses on people bereaved by the conflicL The Board seeks to ensure that the needs of this group are appropriately reflected througb the diversity of the Board. MLinb¢i's Inductioii aiid Traiiiin Most Board tnenibers are alrcady familiar witb the work of The PFC Ltd. Board members are encouraged to participate in relevant activities such &s conferences and short training SsIOns. All Board members have b¢cn r¢quTred to attend governance training. Obli alioiis of tlie Board The main obligation of the Board ar¢ to develop and overse¢ th¢ lmp1ellntatIOn of policy and to ensure that structures and management complies with legal requirements and good gov¢rnance practice. Risk Mana einent The Board has conducted a review of th¢ major risks to which the charity is exposed. Where appropriate systems and procedur¢s have bc¢n established to mitigate the risks. Internal control risks are minimised by the implementation of procedures for authorisation of aIl transactions and projects. A possible breach of confidentiality is an obvious risk in legacy worf(. All Board members. staff and volunteers have Signed the appropriat¢ confidentiality agreements. See reference above to risks associated with loss of fundiiig. aiiisational Structure Thc PFC Ltd h&8 a board which meets as required and is responsible for policy, strategiG direction and overall g0Venl¢e. A Finance sub-committee meets as rcquired. The committee includes th¢ Chair, Vice Chair, Treasurer. thc Project Manager. Administration/Finance Ol¢e[ and any other Board member that wishcs to attend. A scheme of delegation is in place and day to day responsibility for the project rests with thc Project Manager. Thc Project Manager h&$ responsibility for the day to day operdtional nLqnagement of the ROLMA. individual supervision of the staff tcam and also ¢nsuring that the tcam have adequats support and Gontinue to develop their skills and worklng practices in line with good practic¢. The Project Manager provides a monthly report to the B0d which includes a fmanGial report and an update on project development. Page 4
THE PAT FINUCANE CENTRE LTD (A company limited by guarantee) Report of the directors for the year ended 31 Mareh 2024 Responsibilities of the Board of DirtorS In addition to the responsibilities outlined abov¢ the Board will prepare financial statements for each financial year which give a fair and true view of th¢ state of affairs of the charitable company as at the balance sh¢et date and of its llicoming reSou¢S and application of resources, including income and expenditure for the fLnan¢ial year. In preparing those financial statements, the Board should follow best practice and: - to obsery¢ metho(Is and principles of the Charities SORP; - state whether applicable UK accounting standards have been followe¢ subject to any material departur¢s disclosed and explained in the financial statements. select suitable accounting policies and apply them consistently. - make judgements and estimates that are reasonable and prudent; and prepar¢ financiaI statements on the going concern basis unless it is not appi"opriate to assume that the company will contlnue on that basis. - the Board, who are directors for the purpose of company law and members for the purpose of charity law. who served during the year and up to the date of this report are set out on page l. The dir¢ctors are responsible for keeping prop¢r accounting records which disclose with them reasonable accurncy at any time the flnancial position of the charity and ¢nabl¢ them to ensure that the fJnan¢ial statements comply with the Companies Act 2006. Th¢y are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention of fraud and oth¢r iryegularities. This report is prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small Companies. The financial statements were approved and authorised for issue by the board on 3 July 2024 and signed on its behalf Director Director Page S
THE PAT FINUCANE CKNfRE LTD (A company limited by guarantee) Independent examiner's report to the trustees on the unaudited financial ststements of TIIE PAT FIlYUcAN CENTRE LTD. We report on the accounts of THE PAT FINUCANE CENTRE LTD for the year ended 31 March 2024 set out on pages 7tol5. Respective responsibilities of trnstees and independent examAner The charitys trustees (who are also the directors of the company for purposes of company law) are responsible for the prepZtiOn of the accounts in accordance with the requirements of the Companies Act 2006. H&ving satisfied ourselves that the charity is not subject to audit under company law and is eligible for independerAt examination. It is our responsibility to: - examine th¢ accounts under section 65 of the Charities Act; - follow the procedur¢s laid down in the generdl directors given by thc Charity Commission for Nortbern Ireland under section 65(9)(b) of the Charities Act; - state wether particular matt¢rs have come to our attention. Basks of independent examiner's statemellt We have examined your charitys accounts &8 required und¢r S¢ction 65 of the Charities Act and our eMInatiOll was carrted out in accordance with the general directions giv¢n by the Charity Commi&8ion for Northern Ireland under Section 65(9Xb) of the Charities Act. The examination included a review of the accounting records kept by the charity aTJd a comparison of th¢ arcounts prntsd with those recor(ts. It also include5 consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustses Goncerning ally such matters. Our role is to state whether any material matters have rome to our attention giving us cause to believe: l. That proper accounting records were not kept in accorilance with s¢ction 386 of the Companies Act 2006: and 2. That the aoUnts do not accord with those accounting rewrds; 3. That the accounts do not comply with the acrounting requirements of s¢ction 396 of th¢ Companies Act 2006 and with the methods and principles of the Stat¢ment of Recommended Practice: AOUntIng and Keporting by Charities applicable to charities preparing their accounts in accordance with the Financial Keporting Standard applicable in the UK and Republic of Ireland. 4. That there is further inforniation needed for a proper understanding of th¢ accounts to be reached. Independent examiner's statement We can confirni that we are qualified to undertake the examination, our firni is both a member and regulated by Chartered Accountants Irelan¢ which is one of the listed bodi¢s. W¢ have completed our examination and havc no concerns in respect of thc mattcrs (l) - (4) list above an(L ID conaection with the following the directions of the Charity Commission for Northem Ireland. wc have found no matters that require drawing tfj your attention. Mccroarty Mc fferty & Accountants and Tax Consultants 2 Carli51e Terrace Derry BT48 6JX Date: 3 July 2024 ny Ltd Page 6
THE PAT FINUCANE CENTRE LTD (A company limited by guarantee) Statement of fwancial activities (incorporating the illcome and eipenditure account) For the year ended 31 March 2024 Unwtrieted Restricted fuDds funds 2024 Totsl 2023 Total Notes Iucoming resour Incoming r¢sources from geuerdting fim(L8: Volwtsary income .' Donations and grants Investment income 15.050 380 328,116 343.166 380 341,985 Total incoming rwurcey l5,430 328.116 343,546 341,996 Resources expended Staff costs Establishtnent costs Motor and travelling expenscs Accountancy Communications and IT Oth¢r office expenses DepiEciation and impainnent Exchange (gain5)llosse5 3,000 2.660 841 73 240,163 42.875 5,846 243.163 45,535 6.687 2.113 9.640 29,040 2,183 399 245.515 36,165 8.004 2.113 7,781 55,857 1,229 9.640 22.286 2.183 399 6,754 Total resources expended 13,328 325,432 338.760 356,664 Net {outgoing)I Ineoming resources for the year I Net (expense)l income for the year 2,102 2,684 4,786 (l4,668) Totsl funds brought forward 146,970 2,129 149,099 163,767 Total funds carrxed forward 11 149,072 4.813 153,885 149,099 The statement of fall¢la1 activities includ¢s all gains and loss¢s in th¢ y¢ar. All of the above amounts relate to continuing activities. The notes on pages 10 to 15 form an integral part of these fancial statements. Page 7
THE PAT FINUCANE CENTRE LTD (A company limited by guarantee) Balance sheet as at 31 March 2024 2024 2023 Notes Fixed assets Tangible assets Current assets Stocks Debtors Cash at bank and in hand 3,635 1,136 5,500 317 176,930 4.328 973 156,945 182.747 162246 Creditors: amounts falling duc Jvithin one year io (32,497) (14.283) Net current assets 150,250 147,963 Net assets 153,885 l49,099 Funds Restricted funds 11 4.813 2,129 Unrestricted fijnds li 149.072 146,970 Total funds 153,885 149,099 The Balance Sheet continues on the following page. The notes on pages 10 to 15 form an Integral part of these Ilnancial statement& Pag¢ 8
THE PAT FINUCANK CENTRE LTD (A company limited by guaraDtee) Balance sheet (continued) I'rustees statements required by the Companies Aet 2006 for the year ellded 31 March 2024 Ln approving these financial statcrnents as directors of the company w¢ hereby confirm: These accounts have been prepared iii accordance with the special provisions of Part 15 of tbe Companies Act 2006 and the Charities SOIiP 2019 (FRS 102). Th¢ company was entitlcd to cxemption from audit under s477 of the Companies Act 2006 r¢lating to small companies. The membcrs have not required the company to obtaiD an audit in accordance with section 476 of the Companies Act 2006. The directors ackniowledge their responsibilitics for complying with the requirements of thc Companies Act 2006 with r¢spect to accounting records and preparation of accounts. Tlie financial statements wer¢ approved and authoris¢d for issue by th¢ board on 3 July 2024 and signed on its bchalf by Director Director Company Iyumber: IY1069874 The notes on pages 10 to 15 form an integral part of these financial ststsments. Page 9
THE PAT FINUCANE CENTRE LTD (A Company limited by guarantee) Notes to the fmancial ststements for the year ended 31 March 2024 General information The charity is a private limit¢d Company by guarantee, registered in Northern Ireland and a registered charity in Northern Ireland. The address of the registered offi¢¢ is Unit B8, Rath Mor Centr¢, Blighs Lane, Cregg&n, Derry, BT48 OLZ. 1.1. Accounting CODventioH The sigmificant accounting poli¢i¢s applied in th¢ preparation of these fllW]cial ststements are set out below. These policies have been consistently applied to years presentsd unless otherwise ststed. The charity constitutes a public benefit entity as defined by FRS102. The financial statements have been prepared in COrdanCe with the accounting policies set out in notes to the accounts and comply with th¢ charity's governing document, the Charities Act (Northern Ireland) 2008 and Accounting and Reporting by Chariti¢s: Statement of Recommended Practice applicabl¢ to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019 (SORP 2019) and the Companies Act 2006. The financial statements ar¢ prepared on a going conc¢rn b&sis under the historical cost convention, modified to included certain items at fair value. The fllwicial statements ar¢ presented in sterling which is the functional currency of the charity. Fund a¢¢ounting Unrestricted funds are available for use at the discretion of the director8 in fjjrtherance of the gener obj¢ctives of the charity. Designatsd funds ar¢ unrestricted funds ¢arn)arked by the management committee for particular purposes. Restricted fjjnds are subjected to restrictions on their ¢xpenditure itnposed by the donor or through th¢ tern)s of appeal. Incoming resources All incoming resourGe5 are included in the stat¢m¢nt of finaDcial activities when the cbarity is ¢ntid¢d to the income and the amount can be quantified with r¢asonabl¢ aCCuy. The following specific policies are applied to particular categories of income: VoluDtary income is received by way of grants. donations and gifts and is illcluded in full in the statement of financial activities when receivable. Grants wh¢re entitlem¢nt is not conditional on the delivery of a specific performance by the charity. are r¢cognis¢d when the charity becomes unconditionally entitled to the grant. Donatsd services and facilities are included at the value to th¢ charity wh¢r¢ this can be quantified. The value of s¢rvices provided by volunteers has not been includ¢d. Gifts donated for resale are included &s incoming re80urces within actLVlti¢s for generating funds when th¢y are sold. Income from investments is included in the year in which it is r¢ceivable. Page 10
THE PAT FINUCANE CENTRE LTD (A company limited by guarantee) Not to the financial statements for the year ended 31 March 2024 1.4. Resources expended Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure inGludes any VAT which cannot be fully reGovere¢l and is reported &s part of th¢ expenditure to which it relates. Charitable exp¢nditure compris¢s those costs incurr¢d by the charity in the d¢livery of its activities and services for its nefIcIarieS. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature nece55ary to support them. 1.5. Tangible red assets and depreeiation Tangible fIxed assets are stated at cost lcss accumulated depreciation. Depreciation is provided at rates calculated to write off the cost less residual value of each &sset over its expected usefvl life, as follows: Fixtures, fittings and equipment 25 /D straight line 1.6. Stock Stock is valued at the lower of cost and net realisable value. 1.7. Defined contribution pension schemes The pension costs charged in th¢ financial statem¢nts r¢present th¢ contribution payable by the charity during the year. 1.8. Foreign currencies Monetary assets and liabilities d¢nominated in foreign currenci¢s are translated into sterling at the rates of exchange prevailing at the accounting date. TransaGtions in forei currencies are recorded at the date of the transactions. All differences are taken to the statement of financial activities. 1.9. Going eoneern The financial statements have been prepared on a going ¢on¢ern basis as the dIrtOrS believe that no material uncertainties exist. The directors have consid¢red the level of fdS held and the exp¢ct¢d level of in¢om¢ and exp¢Dditure for 12 months from authorising these financial statements. The budg¢t¢d income and expenditure is sufficient with the level of reserves for the charity to b¢ able to continue as a going wnc¢rn. Voluntary Ancome Unrestrieted Restricted funds funds 2024 Total 2023 Total VSS - Peace IV Gap funding Donations Department of Foreign Affairs Victim Survivor Support Book Sales 78.396 185,928 185,928 9,744 38,796 103,392 5,306 9.744 7,594 35,326 214,819 5,850 38.796 103,392 5,306 15,050 328.116 343,166 341,985 Page 11
THE PAT FINUCANE CENTRE LTD (A company limited by guarantee) Notes to the financial statements for the year ended 31 March 2024 Investment Income Unrestricted Restricted funds funds 2024 Total 2023 Tothl Deposit interest 380 380 380 380 Net lll¢omingl(outgoing) resources for the year 2024 2023 Net Incomin(OUtgolng) resources is stated after charging: Depreciation and other amounts written off tsngiTr)le fixed assets Accountancy 2,183 2.113 1,229 2,113 Staff costs 2024 21)23 Wages and 5alari¢s Social security costs Pension costs 217,090 14,544 11,529 218,750 14,455 12,310 243.163 245,515 No employee received emolument5 of more than £60,000 (2023 . None). Number of employee The avcrage monthly numbers of employees during the year, Calcated on the basis of time equivalents, was as follows.. 2024 Number 2023 Number Average employees Page 12
THE PAT FINUCANE CENTRE LTD (A company limited by guarantee) Notes to the financial statements for the year ended 31 March 2024 Pension costs The company operates an auto enrolment pension scheme with pension provider NEST. The pension charge represents contr1utiOns duc from the company and was as follows: 2024 2023 Pension charge 11.529 12,310 Taxation As a charity. The Pat Finucance Centre Ltd is exempt from tsx on income and gains falling within sectlOD 505 of the Taxes Act 1988 or s256 of the Taxation of Chargeablc Gains Act 1992 to th¢ extent that thcsc are appli to its Ghargeable objects. A¢Gordingly. no tax charges have aris¢n in the charity. Flxtur¢s. rittings and equipment T¥dngAble rued assets Totsl Cost At l April 2023 Additions 31,924 4,682 31.924 4,682 At 31 March 2024 36,606 36,606 Depreciation At l April 2023 Charge for the year 30,788 2,183 30,788 2,183 At 31 March 2024 32,971 32,971 Net book values At 31 March 2024 3,635 3,635 At 31 March 2023 1.136 1,136 Debtors 2024 2023 Income receivable Prepayments 56 261 738 235 317 973 Page 13
THE PAT FINUCANE CENTRE LTD (A company limited by guarantee) Notes to the financial statements for the year ended 31 Marcb 2024 10. Creditors.. amounts falling due within one year 2024 2023 Visa account Accruals and defeed income io 32,487 24 14259 32,497 14283 11. Movements in Funds At l April Incoming Outgoing Tran5f¢r in 2023 resour¢es resources lunds At 31 March 2024 Restrieted funds: Funds 2,129 328,116 (325.432) 4.813 Total restricted funds 2,129 328.116 (325,432) 4.813 Unrestricted funds: General funds 146,970 15,430 (13,328) 149.072 Total unrestrictsd funds 146.970 15.430 (13,328) 149,072 149,099 343,546 (338,760) 15i,885 Purposes of Restricted Funds Restrict¢d grants awarded to the cbarity is provided to cover the cor¢ objects as explained in directors reporL 12. Related party transactions Ther¢ were no related paty transactions in the period Under review. 13. Controlling interest The charitable company is under thc control of the Dircctors. Pag¢ 14
THE PAT FINUCANE CENfRE LTD (A company limited by guarantee) Notes to the fmancial statements for the year ended 31 March 2024 14. Company limite41 by guarnntee THE PAT FINUCANE CENTRE LTD is a company lirnitcd by guarantee and accordingty does not have a sha capital. Every memb¢T of the company undertakes to contributs such amount as may be required not exceeding £1 to the assets of th¢ charitable company in the event of.its being wound up while he or she is a m¢mb¢r. or within one year after he or she ce&ses to b¢ a m¢mbcr. 15. Post balance sheet events No significant events hav¢ tsken place since the year end that would result in adjwtments to 2024 finanGial statements or inclusion of a note thereto. Page 15