PRS
Patton Rainey I
Stenson Limited
CHARTERED ACCOUNTANTS
& REfjISTEFtED AUDITORS
REGISTERED COMPANY NUMBER: N1036318 (Northern Ireland)
REGISTERED CHARITY NUMBER: 101326
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
FOR
THE FOUNTAIN
LIMITED
Patton Rainey Stenson Limited
Clmrtered Accountants
6 East Bridge Street
Enniskillen
Co. Fennanagh
B T74 7BT
CHARTERED
ACCOUNTANTS
IRELAND
Chartered
Tax Advisers
Registered to cary out audit work and regulated for a range of inve8tm&nt busin8SS
activities in the United Klngdotp by the Institut8 of Chartered Accountants in Ireland.
Registered in Northem Ireland Company Number Nl 692982.

THE FOUNTAIN
LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 DECEMBER 2024
Page
Report of the Trustees
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
7 to 11

THE FOUNTAIN
LIMITED
REGISTERED NUMBER: N1036318
REPORT OF THE TRUSTEES
for the Year Ended 31 DECEMBER 2024
The trustees who are also directors of the charity for the purposes of the Companie5 Act 2006, present their report with
the fmancial statements of the charity for the year ended 31 December 2024. The t￿Stee$ have prepared the financial
statements in accordance with the Companies Act 2006 and the requirements of the Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the
UK and Republic of Ireland (FRS 102).
OBJECTIVES AND ACTivrriES
Objectives and ain
The chariWs objectives are for the public benefit as set out in the Articles of Association and are restricted to the
following:
(a) to advance the Christian Religion
O)) to promote the benefit of the inhabitants of Northern Ireland with particular emphasis on young people but without
distinction of se& sexual orientation, ra¢¢ or of political. religious or other opinion by associating together the said
inhabitants in a common effort to relieve poverty and advance education and to provide facilities in the interests of
social welfare for the recreation and leisure-time occupation with the object of improving the conditions of life for the
said inhabitants.
Significant aetivities
The charity operates a youth centre called the Fountain Centre, for the children and young people living in the area of
Kesh and the surrounding areas of North Fennanagh.
Public benefit
The direct benefits which flow from the pu4)oses of The Fountain (NI) Limited include provision of a range of religious,
social. educational and recreational activities mainly based within the Fountain Centre, Kesh foi members of the local
community and from the Su￿oUnding areas of North Fennanagh. providing them wlth the OppOrtL￿ity to avail of
activities that assist and improve understanding and knowledge of the Christian religion, educational attainment, health,
social interaction and their conditions of life through accessing services and activities that would not nonnally be made
available to them. Examples are youth connect groups. youth clubs. facilities that ate appropriate for scouts and guides
organisations, keep fit classes. rooms for prayer and worship meetings for children and young people, indoor football,
badminton, party events and outreach events foi the community.The Fountain (NI) Limited also provides space for local
organisations and chartties to meet allowing these organisations and charities to fLmCtion in a manner that they could not
previously attain.
Benefits of the activities are evidenced by the measurement of numbers from our purposes are that The Fountain (FII)
Limited members and their families can participate in all activities that ate operated and this is incidental and necessary
to ensure that all members of the district can potentially benefit.
The Trustees seek to ensure that the Public benefit requirement is considered and The Fountain INI) Limited facilitates
the advancement of the Christian Religion and having due regard to the Charity Commission guidance on public benefit.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a memorandum and articles os association, and constitutes a limited
company. limited by guarantee, as def￿ed by the Companies Act 2006. The cotnpany was incorporated on 8 June 1999
and registered with the Charity Commission for Northern Ireland on 5 Febnwy 2015.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
N1036318 (Northern Ireland)
Registered Charity number
101326
Page I

THE FOUNTAIN
LIMITED
REGISTERED NUMBER: N1036318
REPORT OF THE TRUSTEES
for the Year Ended 31 DECEMBER 2024
Registered office
The Fountain Youth Centre
54 Drumwhinney Road
Rosscolban
Kesh
Co. Fernianagh
BT93 ITN
Trustees
Mrs R Beare
Mr A Crawford
Mrs E Jones
Mr T K Boyle
Mrs J Parkinson
Mr G Knox
Company Secretary
Mrs R Beare
Independent Examiner
Mr Thomas S Patton FCA
Patton Rainey Stenson Limited
Chartered Accountants
6 East Bridge Street
Enniskillen
Co. Fermanagh
BT74 7BT
Approved by order of the board of trustees on 16 October 2025 and signed on its behalf by:
Mrs E Jones - Trustee
Page 2

PRS
Patton Rainey I
Stenson Limited
CHARTERED ACCOUNTANTS
& REGISTERED AUDITORS
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE FOUNTAIN
LIMITED
I report on the accounts of the company for the year ended 31 Decemb¢r 2024, which ar¢ set out on pages four to
eleven.
Respective respousibilities of charity trustees and examiner
As the Charl￿S trustees (and also the directors for the purposes of company law) you are responsible for the preparation
of the accounts in accordance with the requirements of the Companies Act 2006.
Having satisfied myself that the cl)arity is not subject to audit under company law and is eligible for independent
examination. it is my responsibility to..
examine the accounts under Section 65 of the Charities Act
follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland
under Section 65(9)(b) of the ChaTities Act
state whether particular matters have come to my attention.
Basis of the illd¢pendent examiner's report
I have examined your ch8rtty accounts as required under Section 65 of the Charities Act and my examination was
c￿Tled out in accordance with the general Directions given by the Charity Commission for Northern Ireland under
Section 65(9)(b) of the Chaiities Act. The examination included a review of the accounting records kept by the charity
and a comparison of the accounts presented with those records. It also included consideration of any unusual items or
disclosures in the accounts. and seeking explanations from you as charity trustees concerning any such matters.
My role is to state whether any material matters have come to my attention givirjg me cause to believe:
That accounting records were not kept in accordance with Section 386 of the Companies Act 2006
That the accounts do not accord with those accounting records
That the accounts do not Comply with the accounting requiretnents of Section 396 of the Companies Act 2006
and with the methods and principles of the Charities Statement of Recommended Practice applicable to charities
preparing their accounts in accoidance with the Financial Reporting Standard applicable in the UK and Republic
of Ireland
That there is fiuther infomiation needed for a proper understanding of the accounts to be reached.
Independent examiner's ststement
I have completed my examination and have no concerns in respect of the matters (l) to (4) listed above and in
connection with following the Directions of the CI￿lty Commission for Northern IrelaniL I have found no matters that
require drawing to your attention.
Mr Thomas S Patton FCA
Patton Rainey Stenson LimÈted
Chartered Accountants
6 East Bridge Street
Emiiskillen
Co. Fernanagh
BT74 7BT
16 October 2025
CHARTERED
ACCOUNTANTS
IRELAND
Chartered
Tax Advisers
Registered to carry out audit work and r8gulated for a range of investment buslness
a¢tfvlt￿S In the United Kingdom by the Institute of Chartered Accountants in Ireland.
Registered in North8rn Ireland Company Number Nl 692982.

THE FOUNTAIN
LIMITED
STATEMENT OF FIIYANCIAL ACTIVITIES
for the Year Ended 31 DECEMBER 2024
31.12.24
Total
funds
31.12.23
Total
fimds
Unrestricted
fi￿dS
Restricted
fimd
Notes
IIYCOME AND ENDOWMENTS FROM
Donations and legacies
16,125
2,553
18,678
19,954
Other trading adivities
Investment income
2,105
17,666
2,105
17,666
2,228
17,666
Total
35,896
2,553
3&449
39,848
EXPENDITURE ON
Raising funds
14.410
4,786
19,196
15.923
Other
12,721
12,721
12,775
Total
27,131
4,786
31,917
28,698
NET INCOMEI(EXPENDITURE)
8,765
(2233)
6,532
11.150
RECONCILIATION OF FUNDS
Total fimds brought forward
238J24
6J60
244,684
233.534
TOTAL FUNDS CARRIED FORWARD
247,089
4,127
251216
244,684
The notes fonn part of these fmancial statements
Page 4

THE FOUNTAIN
NI
LIMITED
REGISTERED NUMBER: N1036318
BALANCE SHEET
31 DECEMBER 2024
31.12.24
Total
funds
31.12.23
Total
funds
Unrestricted
funds
Restricted
fund
Notes
FIXED ASSETS
Tangible assets
424,846
424,846
436.925
CURRENT ASSETS
Cash at bank
17,020
4,127
21,147
20,202
CREDITORS
Amounts falling due within one year
(449)
(449)
(449)
NET CURRENT ASSETS
16,571
4,127
20,698
19,753
TOTAL ASSETS LESS CURRENT
LIABILITIES
441,417
4,127
445,544
456,678
CREDITORS
Amounts falling due after more than one year
(194?28)
(194J28)
(211,994)
NET ASSETS
247,089
4,127
251,216
244,684
FUNDS
Unrestricied fimds
Restricted funds
io
247,089
4,127
238,324
6,360
TOTAL FUNDS
251,216
244,684
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year
ended 31 December 2024.
The members have not required the company to obtain an audit of its fmancial statements for the year ended
31 December 2024 in accordance with Section 476 of the Companies Act 2006.
The tn￿teeS acknowledge their responsibilities for
(a)
ensuring that the charitable Company keeps accounting records that comply with Sections 386 and 387 of the
Companies Act 2006 and
preparing fmancial statements which give a true and fair view of the stat¢ of affairs of the charitable company as
at the end of each financial year and of its surplus or deficit for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act
2006 relating to fmancial statements, so far as applicable to the charitable company.
(b)
The not¢s forn] part of these financial statements
Page 5
continued...

THE FOUNTAIN
Nl
LIMITED
REGISTERED NUMBER: N1036318
BALANCE SHEET - ¢ontinued
31 DECEMBER 2024
These Imancial statements have been prepared in accordance with the provisions applicable to charitable companies
subject to the small companies regime.
The fmancial statements were approved by the B0￿d of Trustee5 and authorised for issue on 16 October 2025 and were
signed on its behalf by:
Mrs E Jones- Tn￿te¢
The notes forni part of these financial statements
Page 6

THE FOUNTAIN
LIMITED
NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 DECEMBER 2024
ACCOUNTING POLICIES
Basis of preparing the financial statements
The fmancial statements of the clthritable company, which is a public benefit entity under FRS 102. have been
prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Financial
Reporting Standard 102 'Th¢ Financial Reporting Statnard applicable in the UK and Republic of Ireland, and the
Companies Act 2006. The Iinancial statements have been prepared under the historical cost convention.
Income
Income is recognised in the Statement of Financial Activities once the cbarity has entitlement to the funds, it is
probable that the income will be received and the amount can be measured reliably.
Expeoditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation comrnitting the
charity to that expenditure, it is probable that a transfer of economic b¢nefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has
been classified under headings that aggregate all Cost related to the category. Where costs cannot be directly
attributed to particular headings they have been allocated to activities on a basis consistent with the use of
r¢sources.
Tangible r￿ed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful
life.
Freehold property
Fixtures and fittings
2% oncost
200/0 on reducing balance
Taxation
The charity is exempt from corporation tax on its clwitable activities.
Fund aceoullting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trnstees.
Restricted funds can only be used foi particular restricted purposes within the objects of the charity. Restrictions
arise when specified by the dorAor or when funds are raised for particular restricted purposes.
Grants
Grants that relate to specific capital expenditure are treated as deferred income which is then credited to the
income and expenditure account over the related asset's useful life. Other grants are credited to the income and
expenditure account when received.
OTHER TRADING ACTIVITIES
31.12.24
31.12.23
Hire of hall
Re-cycling income
Sundry
1,676
429
1,778
365
85
2,105
2.228
Page 7
continued...

THE FOUNTAIN
LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 DECEMBER 2024
INVESTMENT INCOME
31.12.24
31.12.23
Deferred grant released
17,666
17,666
NET INCOMEI(EXPENDITURE)
Net income/(expenditure) is stated after clwgingl(crediting):
31.12.24
31.12.23
Depreciation - owned assets
12,079
12,183
TRUSTEES, REMUNERATION AND BENEFITS
There were no tNstees' remuneration or other benefits for the ended 31 December 2024 nor for the year
ended 31 December 2023.
Trustees, expenses
There were no trustees, expenses paid for the year ended 31 December 2024 nor for the year ended
31 Decetnber 2023.
STAFF COSTS
31.12.24
31.12.23
Wages and salaries
41)0
640
400
640
The average monthly number of employees during Lhe year was as follows..
31.12.24
31.12.23
Athninistration
No employees received emoluments in excess of £60,000.
Page S
continued...

THE FOUNTAIN
LIMITED
NOTES TO THE FtNANCIAL STATEMENTS - continued
for the Year Ended 31 DECEMBER 2024
TANGIBLE FIXED ASSETS
Fixtures
Freehold
propety
fittings
Totals
COST
At l January 2024 and 31 December 2024
583,231
16,715
599,946
DEPRECIATION
At l January 2024
Charge for year
J48?76
11,665
14,645
414
163,021
12,079
At 31 December 2024
160,041
15,059
175,100
NET BOOK VALUE
At 31 December 2024
423,190
1,656
424,846
At 31 December 2023
434,855
2.070
436,925
CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24
31.12.23
Accruals and deferred income
449
449
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.24
31.12.23
Deferred goveTnment grants
194J28
211.994
Other creditors includes a deferred grant of £194,328 (2023:£211,994).
io.
MOVEMENT IN FUND
Net
movement
in funds
At
31.12.24
At 1.1.24
Unrestricted funds
General fund
Property Capital Fund
48J24
190,000
8,765
57,089
190,000
238J24
8,765
247,089
Restricted funds
Duke of Edinburgh Awards Scheme
6J60
(2,233)
4,127
TOTAL FUNDS
244,684
6.532
251216
Page 9
continued...

THE FOUNTAIN
NI
LIMITED
NOTES TO THE FINANCIAL STATEMENTS - coDtinued
for the Year Ended 31 DECEMBER 2024
io.
MOVEMENT IN FUNDS - eonlinued
Net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Mov¢m¢nt
in fi￿dS
Unrestricted funds
General fimd
35,896
(27,131)
8,765
Restricted funds
Duke of Edinburgh AW￿d$ Scheme
2,553
(4,786)
(2233)
TOTAL FUNDS
38,449
(31,917)
6,532
Comparatives for movement in funds
Net
movement
in funds
At
31.12.23
At 1.1.23
Unrestricted funds
General fiuld
Property Capital Fund
43.534
190,000
4,790
48,324
190.000
233,534
4,790
238,324
Restricted funds
Duke of Edinburgh Awards Scheme
6,360
6,360
TOTAL FUNDS
233,534
11,150
244,684
Comparative net movement in funds. included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in fimds
Unrestricted funds
General fimd
33,423
(28.633)
4,790
Restricted fund$
Duke of Edinburgh Awards Scheme
6.425
(65)
6,360
TOTAL FUNDS
39.848
(28.698)
11,150
Page 10
continued...

THE FOUNTAIN
LIMITED
NOTES TO THE FtNANCIAL STATEMENTS- Continued
for Éhe Year Ended 31 DECEMBER 2024
io.
MOVEMENT IN FUNDS- continued
A Current year 12 months and prior year 12 months combined position is as follows:
Net
movement
in funds
At
31.12.24
At 1.1.23
Ullrestrictsd funds
General fiu]d
Property Capital Fund
43,534
190,000
13,555
57,089
190,000
233,534
13,555
247,089
Restricted funds
Duke of Edinburgh Awards Scheme
4,127
4,127
TOTAL FUNDS
233.534
17,682
251,216
A current year 12 months and prior year 12 months combined net movement in fimds, included in the above are
as follows:
Incoming
resources
Resources
expended
Movement
in fi￿dS
Ullrestricted funds
General fund
69,3l9
(55,764)
13,555
Restricted funds
Duke of Edinburgh Awards Scheme
8,978
(4.851)
4.127
TOTAL FUNDS
78297
(60.615)
17.682
ii.
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2024.
12.
PROPERTY CAPITAL FUND
The funds held in the piopety fund relate to a donation ￿e1Ved from Magheraculmoney Parish Church to assist
in the build of the propety.
The ternis of this donation are that it is repayable to Magheraculmoney Parish Church in the unlikely event that
the propety were to be sold.
Pagell