Charity number: XT6683 1 NitC100720 Compally number: N1069874 ThE PAT FINUCAIYE CEIYTRE LTD (A company limited by guarantee) DItorS, report and fwaneial statements for the year ended 31 Marcb 21)25
THE PAT FINUCANE CE1 LTD (A company limited by guarantee) Contellts Page Legal and administrative infonnation Directorg report IrAdependent examiners, report ststement olfinancbal activities Balance sheet Notes to the financial statements 10-16
THE PAT FINUCAIYE CENTRE LTD (A Company limited by guarantee) Legal alld administrative infomation Charity Name The Pat Finucane Centre Ltd Charity Number XT6683 NIC100720 Company Regfistration Iyumber N1069874 Rtgi$tered Office and Operatlonal Address Unit B8, Rath Mor Celltre Blighs Lane Derry BT48 OLZ Secretary Adrienne Reilly Directors of The Pat Finucane Centre James McGle¢na Robil) Perciv21 Patrick Hillyard Stuart Ross Anne Cadwallader- Appointed 7th Mar¢h 2025 Aidan Shiels Adrienne ReÉlly Adrian Kerr Bernadctt¢ Joly Julieann Campbell Angela MGKenna Chairperson Accountants McGroarty M¢Cafferty & Company Ltd Accountants and Tax Consultants 2 Carlisle Terrace Derry. BT48 6JX Bankers B(ND Meadowbank House Derry, BT48 7TN Carndonagh Co. Don¢gal SoIieitors Mac Derniot( MeGurk & Partners 12 Clarendon Street Derry BT48 7ET Page i
THE PAT FINUCANE CENTRE LTD (A company limited by guarantee) Report of the directors for the year ended 31 March 2025 The directors present their report and the fuiancial statements for th¢ year ended 31 Mak 2025. The directors of THE PAT FINUCANE CBNTRE LTD (Th¢ PFC Ltd) for the purposes of company law and who served during the year and up to the date of Éhis report are set out on pag¢ l. Our Aims and Objectives oses alld Aims The Company is established to promot¢ hutnan rights and the promotion of effective remedies following any breach of the Universal Declarlltton of Human Rights, for the knefit of the inhabitants of Derry City and Strabanc District Council AreK th¢ environs of North¢m Ireland and throughout Ireland (hereinaft¢r ¢all¢d "the area of benefrt) without distinction of a8e, gender. disability. sexual orientatioo nationality. ethni¢ identity. political or religious opinion by asso¢iating the statutyry authorities, voluntary organisations and inhabitants in a Gornmon effort 10 advance educatton with the object of improving the conditions of life for the said inhabitants and in particular to: a) promote edueation in human rights whether by teaching, producing materials or by conduction or conmiissioning r¢s¢ar¢h (and publishing th¢ r¢sults of sh search). b) raising public awareness and Cultivating sentiment in fovour of human rights by the use of publication% l¢cture4 human rights award& the Media. public advocaGy and other m¢ans ofcornmunicatLOIL5' ¢) promoting the sound admi7Li5tration of dr)m¢5ti¢ human rights law by Conducting or cornmi&8ioning research in domestic human rights and publishing the same to public. d) promotin8 the enforcement of domestic human rights law by the stats and ils Institutions. The Focus of our Work Tlie Recove of Livin Memo Archive ROLIIIA The main focus of The PFC Ltd 15 the ROL The ROLMA provides an advocacy. advice and support service to familic4 bereaved as a result of the conflic¢ who wish to enEage with statutory agenGies to establish thc facts 5urrnunding the deativs of th¢ir loved on¢ls. The service. which is free of charge, is already available to families on Pd cross community and Cro border basis. As a dir¢rt Gons4uencc there is a role for human rights NGOS in a proces8 which is more akin to truth r¢cov¢ry in trdnsitional justice than as an integral part of the criminal justlce system. The project aims to ensur¢ that individu81 families receiv¢ the maximum pernlissible disclosure of infonnation TeEarding the deaihls of the relativols from those slatulory agencie4 North and South of the border, taskBd with invesiigating historic conflic¢ related fatslities. The proj¢rt fiErther aims to ensure that familie5 are supported and accompanied throughout this pro8 by staff who are skilled and experienc¢d in liaising with tha relevant StatOry agencies and havo developed analytical 'paralegal' skills in relation to officiaj reports. Implicit to th¢ advocacy and support rol is an understanding that the process thould provide ft)r some level of comfort and solacc for th05¢ involved. Furthennor¢ it is intended ihat thi5 preSS will, at the very l¢ast narrow th¢ list of qucstions passed frorn generation to generation following a violent death. This in should lessen the imp8¢t of trans-generational traLllna. A positive engagt between bereaved famtlies and statutory agencies will contribute in tiole to reconoijiatioa at a so¢ietal level as individual hurts are addreSd and acknowl¢dged. Page 2
THE PAT FINUCANE CENfRE LTD (A compaDy limited by guarantee) Report of the directors for the year elldcd 31 March 2025 Th¢ concept of acknowledgernent and r¢5PCCt for those who have been ditertly affeGted by the conflict is the foundation stone upon whtch the ROLMA has been built. The legacy of violent wnflict. the loss of over 3.6QO lives. is also a legacy of anger, bitternc55 aniL ultimately. unanswered question5 fro viGtitn5 and survivors. These Unanswed questions, this act of knowledge> preclud¢s acknowl¢dgemenL Without acknowl¢dg¢rn¢nt a¢TOSS the board thcre can bc no prop¢r generational proc of reconciliation. Each family that rcccives answers to questions that many hav¢ be¢n afraid to ask tsntil now and should bc regarded as a building block in a grddual proces5 of healin& Every question that LS answered in thi5 generation is & question that will no Iollger be pass¢d on to the nexL pethaps never to be answ¢rcd but which will continu¢ to cause hurt and resentrnent within familics and communities. Every question that is an5weTed benefits society as a whole. This project seeks to taGklc the problem of families b¢ing l¢ft to cngage with statutory bodies in such a SeitIve area without proper advocacy. support and advice. Though excell8nt Support networks hav8 been sct llp to provide counselling and therapeutL¢ SilPPOrt to Victin none of these organisati07]s intcrv¢ne to carry out the 'pardl¢gal' advocacy work currently undertaken by The PFC Ltd. Flnan¢ial Review Princi al Fundin Sourcas The principal fLEndillg sourc£s over the relevant finanGial year have beell from SEiJPB Peace Plus, VSS - Victims & Survivors Service. Gap Fundin& DFA - Depart¢nt of Foreign Affairs and donations. Future Fundin It is expected that Victims and Survivors ServirL, SEUPB PEac¢ Plus and Department of Foreign Affairs will provide core funding for the forseeable fvture. Structure, Covernanee and Management Govcmin Docume The organisation is a tharitable company limited by guaraTrteA inForpoTat¢d on 7 July 2008 and regist¢red as a charity on 7 July 2008. The company was established und¢r a Memordndum of A550cia¢ion which cstablished the objects and powcrs of th¢ charitable cornpany and is governed by its Articles of Association. Recruitnent and A ointroent of the Board of D1CtorS The directors of the company are also charity trustse5 for the purposes of charity law and under the company's Articles are knowrk as members of the Board. Under the requiremettts of thc Memoralldum and Article5 of Associatton th¢ memb¢rs of the Board ar¢ elected to serve for a p¢riod of three years after which th¢y must be tleCted at th¢ noxt Gett¢rdl Meetin All members of Board give their tirnc voluntarily and re¢eiv¢d no benefits from the CIlty. Page 3
THE PAT FtNUCANE CENTRE LTD (A compally limited by guarantee) Report of the directors for the year ended 31 March 2025 Due to the nature of human rights based legacy woth much of the charity¥ work inevitably ftjcwses on people bereaved by the conflict. Thc BoaTd se¢ks to ensure that the needs of this group are approprtately reflected through the diversity of the Board. Members Induction and Trainin Most Board n)embers are already familiar with th¢ work of The PFC Ltd. Board members are ¢nwuraged to partiGipate in relcwdllt activities such Lf conferen% and short training Sessions. All Board mcmbcrs have b¢en required to attend govemancc trainin Obli ations of the B ar The tnain obligation of the Board are to dcvclop and oversee the implementation of policy and to ensur¢ that structures and nllag¢mEnt complic5 With l¢gal r¢quirements and good gov¢rnanGe practice. Risk Mana ernent The Board bas conducted a revi¢w of the major risks to which the charity is exposed. Where appropriate syst¢rns and Procedures have been ¢5t&blithed to rnitigate the risks. Internal control risks are min1]Sed by the implementation of pmcedures for authorisation of all transactions and projects. A possible breach of confidentlality ts an obvious risk in legacy work All Board member4 staff and volunteers hav¢ signed the appropriate confideDtiaIity agreements. See reftrence above to risks as50¢iated with loss of fundin anisational Structurc Th¢ PFC Ltd has a board which meets ls required Rnd is rcsponsible for policy, strategic direction and overnll governance. A Financ¢ sub-committee meets as qUIred. The committee inGlud¢s the Chair. Vir¢ Chair, Tr¢asur¢r. the ProjeGt Manager, AdministrationlFinance Officer and any other Board m¢nknerthat wisbes to attend. A scherne of delegation is in plac¢ and day to day respo1 ility for the project Tests with the Project Managw. The Projert Managcr has responsibility for iIL¢ day to day operational rnanagement ofthe ROLMA, individual supervision of the staff tearn and also ensuring that the t¢am have adequate 5UPPOrt and continue to develop their ski115 and working practices in line with good practice. 11]e Project Manag¢r provides a rnODthty port to the Board which in¢ludes a fLnancial report and an update on projcct d¢v¢lopmenL RPOnsibl1111eS of the Board of Directors In addition to th¢ Tesponsibilities outlined above the Board will prepare f]nanGial statements for each financial year wliich give a fair and true view of the state of affairs of the charitable Company as at the balance sheet date and of its incoming resour¢gs and appliration of resourm including income and expenditure for the financial year. In preparing those finan¢ia] statements. the Board sliould follow best practice and: - to obs¢rve methods and principles of the Charities SORP. Page 4
THE PAT FINUCANE CEIYTRE LTD (A eompaDy limitcd by guarantee) Report of the directors for the year ended 31 March 2025 - state wh¢th¢r applicable UK accounting standard5 havc brxn followe subje¢t to any material departures disc105ed and explained in the financial statements; - select suitable accounting poliGi¢s and apply them consistently. - make judg¢mcnts and estimates that are rea50nablc and pruden( and prepare financial statements on the going Concern basis unless it 15 not appropriate Èo assum¢ that the company will ¢onlinue on that b&8iS. - the Board, who directors for th¢ purp)se of company law and members for the purpose of Charity law, who served during the year and up to the date of this r¢port are set out on page l. The directors are responsible for keeping PTop¢r accounting records which disclose with them ronable accuracy at any time the financial position of the ¢twity and enable them to ensure that the financial stalements comply wxth the COPanieS Act 2006. They are also responsible for safeguarding th¢ ass¢ts of the ¢harity and hence for taking rea80nable st¢ps for the prevention of fraud ftDd other I¢gUlar]tiCs. This report is prepared in a¢¢ordance with the special provisions of Part 15 of the Companies Act 2006 lating to small ompanies. The finan¢ial statements were approved and authorised for issue by the board on 7 July 2025 and $i¢d on its behalf Director Director Page S
THE PAT FINUCANE CENTRE LTD (A company limit¢d by guarantee) Independent examiller's report to the trustees on the unaudited fmaneial slAtements of THE PAT FINUCANE CENTRE LTD. We report on the accowits of THE PAT FINUCANE CEwfRE LTD for the year ¢nded 31 March 2025 set out on pages 7tol6. Respective responsibilities of Iru5tee5 and independent examiner The charitys trustces (who are also th¢ diTCCtor5 of the company for purposes of company law) are r¢sponsiTr>le for the preparation of the accounts in accordance with thE r¢quirem¢nts of the Companie5 Act 2006. Havit)g sattsfied ourselves that the charity is not subject to audit under cornpany law and is eligible for illdedellt examination. It is our responsibility to: - eknrnine the accounts under section 65 ofthe Charitics Act; - follow the procedures laid down in the general directors given by the Charity Commission for Northern Ireland under section 65(9Xb) ofthe Charities Act: - state wether particular matters have come lo our att¢ntion. Basi8 of illdependent examiner's slatemeDt We havc ¢xamin¢d your charitys aoUnts as required under Section 65 of lh¢ Charities Art and our ¢xamination was carried out in accordance with the generdl directions given by the Charity Commxssion for Northern IT¢land under Sxtion 65(9)(b) of th¢ Charities ACL Th¢ examination included a Vi¢W of th¢ a¢counliDg records kept by the charity and a Comparison of the accounts presented with those Ords. It also includes consideration of any unusual items or disclosures in the accounts, and K¢king explanations from you as trust5 concerning any su¢h matteTS. Our rol¢ is to slate whether any rnaterial matters bave come to our attention giving u5 ravse to b¢li¢v¢'. l. That prop¢r accounting records w¢r¢ not kept in accordanrx with s¢ction 386 of the Companies Act 2006; and 2. That the accounts do not aceord with those accounting records; 3. That the accounts do not cornply with the aGwunting r¢quirements of5ection 396 of the Compani&q Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Rq>ortin8 by Charitie8 applicabl¢ to charilies Preparing th¢ir aGcounts ID accordance with the Financial Reporting Standard applicable An the UK and Republic of Irnland. 4. That there ts furtber inforniation needed for a proper understanding of the accounts to be reached. Independent examiner's statement We can confirni tha¢ we are qualified to undertake the examination, our finn is both a member artd regulated by Chartered Accountants Irelan4L which is on¢ of the liskd bodies. W¢ hav¢ completed our examination and have no collccrns in respect of the matters (I) - (4) listed above and. in cotmection with the following th¢ dir¢ctions ofthc Charity Commission for Northern Irclan w¢ havc found no matters that require drawing to your att¢ntion. McGroarty Me afferty Company Ltd Accountants and Tax Consultants 2 Carlislc Terra¢¢ Derry BT48 Dat¢- 7 July 2025 Page 6
THE PAT FINUCAINE CENTRI LTD (A Company lknited by guarantee) ststement of financial aetivities (incorporating the income and expenditure aecoullt) For the year ended 31 March 2025 Unrestricted RtrICted fund5 funds 2025 Total 2024 Total Notos IDcoming resourees Incoming resourc¢s from generating funds: Voluntary income." Donations and grants Inv¢stment income 14.972 1,973 357.802 372,774 1.973 343.166 380 Totgl fincoming resources 16.945 357,802 374,747 343,546 Resour¢es expended Staff costs Establishment ¢osts Motor and trav¢lling expenses Ar¢ountancy Communications and Other office expenses Programme ex[eS Depreciation and impairnient Exchange (gainsyIoss¢s 3,6QO 375 3,271 278,109 39,219 7.580 2,040 7,858 2,356 17255 1,529 281,709 39,594 10,851 2.134 7.858 11,053 23,058 ,529 403 243,163 45,535 6,687 2,113 9,640 7,423 21.617 2,183 399 8,697 5,803 403 Total r&sourccs expended 22,243 355,946 378.189 338,760 Net (outgoing)l illcomillg resources for the year I Net (expens¢)l ineome for the year (5,298) 1,856 (3,442) 4,786 Transfer of funds 4203 (4203) (2,347) (3.442) Balance of funds at 31 March 2025 (l.Q95) Total fijnds brought forward Total ffunds carrled forward 149,072 4.813 l5i,885 149,099 12 147.977 2,466 150,443 153,885 The statement of fiTran¢ial a¢tiviti¢s includes all gains and105s¢5 in the year. All of the abov¢ amounts late to continuing a¢tiviti¢s. Tb¢ notes on pagL$ 10 to 16 form fntegral part of these flnancirdl statement Page 7
ITHE PAT FINUCANE CENTRE LTD (A compAny limlted by guarantce) Balanee sheet as at 31 March 2025 2025 2024 Notes Flxed assets Tangible ass¢ts Current assets 3,635 45¢J) 333 213,351 5.500 317 176,930 Debtors & Prep&ynnts C&th at bank and in hand io 218,184 182,747 Creditors: amounts falling due within one year (70.785) (32,497) Net eurrent assets 147.399 150,250 Net assets 150,443 Is385 Funds Restricted funds 12 1466 4.813 Unrestricted funds 12 147,977 149.072 Totsl funds 150,443 153.885 The Balanc¢ Sheet Continues on the following page. The noles on pages 10 to 16 lorrn an inttgral part of these finan£lal statements. Page 8
THE PAT FINUCANE CENTRE LTD (A Company limited by guarantee) Balance she¢t (continu) Trustees statements required by thc Companies Aet 2006 for the year ended 31 March 2025 In approving these financial statem¢nts as directors of th¢ Company we hereby confm.. These accounts have been Prepared in accordanc¢ with the special provisions of Part 15 of the Companies Act 2006 and the Charitics SORP 2019 (FRS 102). The company was entitled to exernption from audit und¢r s477 ofth¢ Companies AGt 2006 r¢lating to Small companies. The members have not requir¢d th¢ company to obtain an audit in accordance with section 476 of the Companies Act 2006. The d]rtorS acknowledge their respoosibiliti¢s for romplying with the requir¢ments of th¢ Cornpanies Act 2006 with respect to aOnting records and preparation of accounts. Th¢ financial statements weAC approved and authorised for issue by the board on 7 July 2025 and signed on its behalf by Dlrector Director Company Nufflber: N1069874 The ootes on page5 10 to 16 lorm an iotegral part of these financial 51atemenL Page 9
THE PAT FINUCANE CENTRE LTD (A company limited by guarantee) Notes to the financial statem¢Dts for the year ended 31 March 2025 General inforniation The eharity is a priwdtc limited company by guarantec. registered in Northem Ireland and a registered charity in Northern'lreland. The address of the registered offic¢ is Unit B8, Rath Mor Celltse, Blighs Lane, Creggan, Dw* BT48 OLL 1.1. ALYOUntiDg convention The 5i8nificant accounting policies appli¢d in th¢ pr¢paration of these financial statements are set oui below, Th¢se policies have been GoD5iSt¢ntJy applied to all years presented unless otherwise Stated. Th¢ Gharity constitutes a public benefit ¢ntity as deffftned by FRS102. The financial statements have been prepared in accordance with the accounting poli¢ies set out in not¢s to the accounts and comply with the Ghariws governing doGum¢nL th¢ Chariti¢5 Act lTrlorthern Ir¢land) 2Q08 and Accoullttng and Reporting by Charities: Statement of Re¢ornmended Practice applicable to charlties preparing their accoutits in accordance with the Financial Reporting Standard applicabl¢ in the UK and Republic of Ireland published in October 2019 (SORP 2019) and the Companies Act 2006. The fmancial 5tst¢Enents are prepar¢d on a going concern basis under the historical cost conv¢ntion, modified to included certain item5 at fair value. The financiaI stat¢ments are presented in sterling which is the functtonal ¢urrency of the charity. 1.2. Fund accounting UThrestricted fid$ are available for use at the discretion of the directors in furtherallce of the general objectives of th¢ charity. D&si8Dated fijnds are unrestricted fijnds ¢annarked by the management committee for particular purposes. Restrict¢d funds are subject¢d to restrictions on thcir expenditu imposed by th¢ donor or through the terms of IJ. In¢oming ruources All in¢orning rourceS dTe included in th¢ statement of financlal activities when the charity is ¢ntitled to the income and the arnount can be quantified with reasonable ¢raGy. The following specific policies are applied to particular categories of incom¢: Voluntdry income is received by way of gran donations and gitts and is included ill full irA the statement of rlnancial &ctivities when receivable. Grants where entitlement is not conditional on the delivery of a specific p¢rf0mLc¢ by the charity, are recognised when th¢ ¢harity b¢come5 unconditionally entitled to the grant. Donated services and facilities are Included at the value to the tharity wh¢r¢ this be quantified. The value of services provided by volunteers has not been included. Gifts donated for resale are in¢luded as incoming resources within activitlES for 8¢nerating funds when they are sold. Income from investments is included in the year in whirh it is receivable. Page lo
THE PAT FINUCAIYE CEKfRE LTD (A Company limited by guarantee) Not&$ to thc financial statements for the year ended 31 Marcb 2025 1.4. Resources expended Expenditure is recognised on an accrual basis ay a liability is incurred. Expenditure includes any VAT whirh cannot be fully recover¢4 and ts reported as part of the expendItte to wbich it relates. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activili¢s and services for its beneficiaries. It includcs both costs that can be allocated directly to sucl) activities and those costs of an indireGt nature Thecessary to support them. 1.5. TaDgible rued assets and depreciation Tangiblc fixed Lssets are stated at cost less accurnulatcd dcpreciatiotL D¢preciation is providcd at rdtes rnlculated to write off th¢ cost I¢ss Tesidual value of each asset over its exp¢¢ted u5cfvI lif4 as follows." Fixturc4 fittings and cquipment 25% straight lin¢ 1.6. Stock Stk is valued at the lower of cost ar n¢t realisable vaIue. 1.7. Cash at bank Cash at bank and cash ¢quivalents ststed at e05t at the fiDanGial y¢ar end. 1.8. Pension schemes The pension costs charged in the fanCial statements reprnt lh¢ contrtbu¢ion payablc by th¢ rharity durftng th¢ 1.9. Foreign curreneies Monetary assets and liabilities denorninatcd in for¢ign ¢urrencies are trnnslated into sterling at th¢ rates of exchangc pr¢vailing at the accounting dat¢. Transa¢tions in foreign curreneies are recorded at the date of the transaction& All differences are taken to the statem¢nt of finan¢1 artivities. 1.10. Debtors & credilors Debtors and CTcditots with no stated interest rats and re¢¢ivabl¢ or payable WAthin one year are recorded at transaction price. Any losses arising from impairfflent are recogniscd in ¢xp¢nditur¢. 1.11. Taxation The company is a charity alld rcGognis¢d as such by IIM Revenue & Customs. As a sU1¢ thcTC is no liability to tLxation on any of its incom 1.12. Golng coD¢ern The financial staÉemeAts have been pPared on a going concern basis as the dir¢ctots believ¢ that no material uncertainti¢s exisL The diOrS have considered the lev¢1 of funds held and the expected level of income and expenditure for 12 months from authorising th¢sc frnancial statements. Th¢ budgeted income and expenditure is suificient With the level of reserves for the cbarity to be able to continue as a goiog Conce Page 11
THE PAT FINUCANE CEIYTRE LTD (A eompauy limited by guarantee) Notes to the fmancial statements for the year ended 31 March 2025 Voluntary Ineome Unre5trieted Restrleted nds funds 2025 Total 2024 Tot81 SEUPB Peace Plus VSS - L¢8aCy Gap ndIng Donations Departm¢nt ofForeign Affairs Victim Survivor Support Book Sal&s 214.294 2.876 30229 214294 1876 30,229 185.928 9.744 38,796 103,392 5.306 8.44 44258 66,145 44,258 66,145 6,532 6.532 14.972 357.802 372,774 343,166 Investment incorne Unrestricted Restrieted fund$ funds 2025 Tot21 2024 Tothl Deposit interest 1,973 1,973 380 1.973 1,973 380 Net (outgolllg)lillcomiDg resollrtts for the year 21n5 2024 Net (outgoingyincoming resources 1$ stated after charging: Depreciation and other amounts written off tsn8ible fixed assets Accountancy 1,529 1134 2,183 2,113 Page 12
THE PAT FINUCANE CENTRE LTD (A company limited by guArAntee) Notes to the financial statements for the year ended 31 March 2025 Stsff costs 2025 2024 Wages and salarie5 Social securty cost5 Pension costs 249,384 18.804 13.521 217.090 14.544 11.529 281,709 243.163 No employc¢ reGeived emoluments of mor¢ than £60.000 (2024 . None). Number of employe¢s The average monthly nuTnb¢rs of employees during th¢ y¢at. calculated on the basis of full time equivalen was as follow5: 2025 Numbor 2024 Number Average employees Pension costs Th¢ company operates an auto enrolment p¢nsion scheme with pensioll provider NBST. The pension charge represents contributions due from the company and was as follows: 2025 2024 Pension clwge 13,521 11,529 Taxation As a ¢harity. The Pat Finucan¢¢ Centre Ltd is exempt frorn tax on incorne and gains falling within section 505 of the TLx¢s Act 1988 or $256 of the Taxation of Charg¢able Gains Act 1992 to th¢ ¢xt¢nt that these are applied to its chargeable objects. Accordingty, no tax chargGs have arisen in tbe charity. Page 13
THE PAT FINUCANE CENTRE LTD (A compally limited by guarantee) Notss to the finaneial statements ror the year ended 31 March 2025 Flxtur rittlngs and equipment Tangibl¢ fixed assets Total Cost At l April 2024 Additions 36.606 938 36,606 938 Ac 31 March 2025 375M 37.544 Depreciation At l April 2024 Charge for the year 32,971 1529 31971 1.529 At 31 Marcli 2025 34.500 34,500 Net book values At 31 March 2025 3,044 3,044 A¢ 31 March 2024 3,635 3,635 Stoelis 2025 2024 Sto¢ks- Books 4.500 5,5QO 10. D¢btors & prcpayments 2025 2024 Income receivable Prepaym 54 279 56 261 333 317 Pag¢ 14
THE PAT FINUCANE CENTRE LTD (A company limited by guaraDtee) Notes to tbe fLnancial statements for tbc year ended 31 March 2025 li. Creditors- amounts falling due Withln one year 2025 2024 Visa account Accruals and defer incom¢ (560) 71J45 io 32.487 70.785 32,497 12. Movements ID Funds At l April Incomlng Outgoing Transfer in 21)24 resources resources funds At 31 March 2025 RLstrleted funds: Funds 4.813 357.802 (355,946) (4,203) 1466 Totsl restricted funds 4,813 357.802 (355,94 (4,203) 1466 Unrestricted thnds: General funds 149.072 16,945 (22,243) 4203 147,977 Total unrestricted fiinds 149,072 16.945 (22,243) 4,203 147,977 153,885 374,747 (378,189) 150,443 Purposes of Restrict&1 Fund5 Restricted grants awarded to the charity is provid¢d to ¢over the core objects as explained in directors reporL 13. Related party trnnsaetiODS Th¢r¢ re no Telated party trdnsactions in the period under miew. 14. ControlliDg interest The charitable company is under the control of the Directors. Pag¢ IS
THE PAT FINUCANE CENTRE LTD (A ¢ompany limited by guarantee) Notes to the fancial ststements for the year ended 31 March 2025 15. Company limited by gaar8ntee THE PAT FJNUCANE CENfRE LTD is a Company limi¢¢d by guarantee and accordingly does not have a share capital. Every memb¢r of the company undertak¢s to ¢ontrlbute su¢h amount as may be required no¢ ¢xc¢¢ding £1 to the LS5ets of th6 charitable compgny in the event of its being wound up whik or sh¢ is a m¢mb¢r. or wlthth on¢ year. after h¢ or she ce&8es to be a m¢rnFxr. l& Post balance sheet events No silficant events ha taken place since th¢ y¢ar ¢nd that would result in adjusthents in 2025 fjnaneial Stat[$ or in¢lusion of a not¢ ih¢r¢to. Page 16