Ten Foundations
IA company limited by guarantee. not havlng a $har¢ ¢apiiall
INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES
OF TEN FOUNDATIONS
We have examined the financial slalemenls ofthe charity for the financial year ended 29 February 2024, which comprise
the Statement of Financial Activities lincnrporaling an Income and Expenditure Account), the Balance Sheet and the
related notes.
This report is made solely to the charity's members. as a body. in a¢¢ordance with Chapter 3 of Part 16 ofthe Cornpanies
Act 2006. Our worf( has been undertaken so that we might compile the financial statements that we have been engaged
lo compile, report lo the Board of Trustees that we have done so. and slate those matters that we have agreed lo slate
lo them in this report and for no other purpose. To the ftjllest extent permitted by law, we do not accept or assume
responsibility lo anyone other than the charity and the chartty's members. as a bcNJy. for our work, or for this report.
Respective responslbllltles of trustees and examlner
The charity's Iruslees (who are also the directors of the company for the purposes of company lawl are responsible for
the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. The
chanty's trustees consider that an audit is not required lor Ihis financial year under Chapter 3 of Parl 16 of the Companies
Act 2006 and that an Fr)de￿ndent examination is required.
11 is our responsibility to..
examine the financial statements under section 65 of the Charities Act.,
follow the Pro￿dureS laid down by the general Direcbons given by the Charity Commission for Northern Ireland
under section 65{9llbl of the Charities Act. and
slate whether particular matters have come to our attenti(￿.
Basis of independent examinerfs report
We have examined your charity financial statements a5 required under section 65 of the Charities Act and our
examination was carried out in accordance with the general Directions given by the Charity Commission for Northem
Ireland under section 65{9llbl of the Charities Act. An examination includes a review of the accounling records kept by
the charity and a comparison of the financial statements presented with those re￿rds. It also includes consideration of
any unusual items or disclosures in the financial statements and seeking explanations from Ihe trustees conceming any
such matters. The Pfocedures undertaken do not provide all the evidence that would be required in an audit and
consequently no opinion is given as lo whetheT the accounts present a 'lrue and fairf view and the report is limited to
those matters set out in the statement below.
Independent examinerfs statement
In connection with our examination. no matter has come to our attention which gives us cause to believe that in, any
material respect..
accounting records were not kept in accordance viilh section 386 of the Companies Act 2CNJ6
the financial slatements do not accord with those accounting records
the financial slalements have not been prepared in accordance with the accounting requirements of section 396 of
the Companies Act 2006 and with the methods and principles ofthe Stalemenl of Recommended Practice applicable
lo charrties preparing their accounts in ac(x)rdance wrth the Financial Reporting Stsndard applicable in the UK and
Reputrjlic of Ireland IFRS1021
there is further infomation n￿led for a proper understanding of the accounts to be reached.
We have no concems and have come across no other matters in c￿neCtIon with Ihe examination to which allenlion
should be drawn in this report in order lo enable a proper urmjerslanding of the financial statements to be reached.
Aidan Malone {FCAI
Malone Accounting
12 New Street
Newry
County Down
BT35 6JD
Date:2 October 2024