threefoIdcord (A compauy limited by guarantee) Statement of Financial ActiTrities for the Year Ended 30 June 2026 iDeo oratin the Income and Ex nditsre Account 30.6.26 30.6.25 Unrestricted Regtricted Total fiinds Tot21 funds fiTnd funds Notes Income *nd endowments from: Donations alld legacies 18.118 18.118 15.884 Totsl income and endowments 18,118 18,118 15.884 Expenditure on". Charitable activitics 17.385) 17.385) 14,959 Total expenditure (17.385) (17 J85) (14.959) Net Incomel(Expenditure) ft•r the year 733 733 925 TransferJ betsyeen funds Net movement in funds 733 733 925 Reconciliation of Funds: Total fund$ brought fonward 2285 2.285 lJ60 Total funds carried forward 3,018 3,018 2.285 The abov¢ amounts relate to wnlinuing operdtioll5 of the conwany. The staterneot of fmancial activities includ¢s all gaiDS and loss¢s recognised in the year. The notes fotm part of these fi[le1a1 statements Page 6
threefoldcord (A company limited by gvgrantee) Balance Sheet At 30 June 2026 30.6.26 30.6.25 Notes Fixed Assets: Tangible asseis 342 Current Asset5: Debtors Cash at bank and in hand 12 5,465 8.369 1,850 9,385 13.834 11235 Creditors: Amounts falling due wlthin one year 13 (10,816) (9,292) Net Current Assetsl(Li&bilities) 3.018 1.943 Net Assets1(Liabilities) 3,018 2.285 Totsl Net Assetsl(LiabiRities) 3.018 2.285 The funds of the charity: Unrestricted fupds Restricted fvnds 14 2,285 Total charity fid$ 3.018 2.285 Thc Balance Sheet continues on the following page. The notes fonn part of these financial statements Page 7 (x)ntinued...
threefoldcord (A company limited by guarabtee) Balance Sheet - tontiDued At 30 June 2026 Trustees stAtements for the year emded 3(1 June 2026 For the fmancial year in question the company was entitled to exemptton under section 477 of the Companies Act 2006 relating to small companie5. No members have required the companytoobtain an audit of its accounts forthe year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledg¢ their re5tKinsibiiity for COTnplying with the requirements of the Act with respect to accounting records and for the pr¢p8rntion of accounts. These accounts have been prepared in accordance with the provislons applicable to companies subject to the small companies" regime. The financial statements were approved by the Board of TTU5tees on 13 August 2026 and were signed on its behalf by: gu50TI Director Company Registration Number. N1065442 (Northern Irela[) The notes fomi pHrt of these financial statements Page 8
threefoldcord (A company limited by gurnte¢) Notes tsb the Financial Statements for the Year Ended 30 June 2026 SUMMARY OF SIGNIFICANf ACCOUNTING POLICIES The tignificant principal accounting policieq adopted, judgement% and key Sour of egtimatio uncertaEnty in the pr¢parntiou of the financial 5tat¢ments are Set out b¢low. These wjlicies have been consistently applied to all period5 presented unless otherwise stated. 1.1 Basis of preparatioD of finaDcial stxtemeAts The charitable company constitutes a public benefit efttity as defined by FRS 102 and its operdtiolls 3nd prill¢ipal a¥tivities are as dÈs¢losed iti the Rert of the T1¢¢S. The financial statements have been prepared in accordance with Ch3riti¢s SORP (FRS102}"Accounting and Reporting by Chariti¢s:"Sthiemeni of RccommcDdcd Practicc applicablc to charities preparing their accounts in accordance with th¢ Financial R¢porting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)" (eff¢¢live l January 2019). the Financial Reporting Standard apph"cable in the United Kingdom and Republic of Ireland (FRS 102). applieAble chAriry law. the Ci)mpanies Act 2006 and Uniied Kingdom Generally Accepted Prnclice. The financial ststements are prqjarcd ill st¢rling. whicb i5 th¢ n¢t10al cuThcncy of the charitable company. Monetary amounts in these financial statements are rounded to (he nearest £. Assets and liabililies are initially recogni5ed at historical costortransaction value unless otherwise staled in the relevant accounting p)licy note(s)- 1.2 Prep*ration of the accounts a going concern basis Thé finaiictal slalélnénls havè bècn prÉpartAI On a goitig YriC£rri basib as Uie Triistées arè of t]iè view thai the inlled1a1¢ futurc of the charitable company for the next 12 months is secure and that on thi5 basis the ass¢ssment of the TnteeS is that the clwitable company is a going concern. IJ Fund aceounting u[EStrIct¢d fund5 are available for us¢ at the di%retion of th¢ TS in furtberanee of the purpose5 of the charitable company. liestricted fuods are donationswhich the donorhas ¢¢if1 are to be solely us¢d for p3rticular areas of the charitable company's WOTk or frir spe¢tfi¢ projects being undertaken by the clwitable eompany, or fund5 which have been rdissj for particular purposes. The costs of rdising and administeEiDg such funds are charged against the spectfic fiind. 1.4 Income recognition policie5 Items of incom¢ are r¢¢ogni5¢d and included in the accounts when the company is legally entitlcd to the iticome. any performanee couditions atta¢hed to the ttem of income have been mel or are fully within the control of the company. the amount can be meLsured liablY and receipt is considered probable. Income is deferred only when the chaTity has to fulfil conditions which are not llY within the ¢ontrol of the charity before being ¢ntitled to it or where the donorlfunder I specified that th¢ income is to be expended in a peTiOd. Ill¢oD]e tax recoverable in relation to donations rtteived undcr Gift Aid OT deeds of covenant is t%81S¢a at the t1¢ of the donation. Page 9
threefoldcord (A cowpany limited by guarantee) Notes to the Financial Statements for the Year Ended 30 June 2026 IJ Expenditure reeognition poliries and irrecoverable VAT Expenditure is recognised on an acctuals b&sis once there is a legal or Constructive obligatiOD to make a payment to a thd party, it is probable that settlement will be required and the amount of the obltgation can be measur¢d r¢liably. Exp¢nditur¢ is classified under the following activity headings.. ChaTitable activities include the costs of events undertaken to furtber the puryoses of the company and th¢ir asso¢lat siipport wst& in¢liiding governance costs. Support costs are those costs incurred in support of direci expenditUTe on the objects of the company and include project management catried out at Headquarter5. Governance costs are those iticued in connection with administrdtion of the compall) and cotllpliallcc with ConstitiOal and statOry requir¢m¢nts. The analysis of thc5C Costs is included in notes 5 and 6. Irrecoverdble VAT is charged as a cost ag2iDSt th¢ tiVity for which th¢ cxp¢nditure was incurred. 1.6 Tangible fixed assets and depreciation Tangible fixed assets are stated at cost less accumulaied depreciation and impairtDcllt loss&s. Depreciation is provided at rat¢s calculated to write off the cost of fixed assets. less their ¢stimai¢d resAdual value. ovu their expect usdul livcs on thc following basis.. Cotnputer Equipment 250A Strdigbt lÉne The carrying vatue of the tanble fixed assets is revi¢w¢d annually for impairment in period to detemiine if events or changes in Circuman¢¢S iDdicai¢ the carryiug value n]ay not be recovernbl 1.7 Debtors Debtors are recognised at the settlement amount due after 8Y trade discouttt offered. Prepayments are valued at the amourtt prepAid kfier t2king aCullt of any trade di%ounts due, Any losses arising from itnpainnent are recognised in exp¢ndi1U. 1.8 Cash at bank and hand Cash at bank alld in hand includes cash and short tern) highly liquid investmcllts with a short matsrity date of thr¢¢ months or l¢ss from th¢ date of aqui8itson or opening of the deposit QT similar ac¢ounl. 1.9 Impaiment Assets not measured at fair value are reviewed for any indication that the asset may be impair¢d at ea¢h balan¢¢ sh¢¢t dal¢, If such illdication ¢xists, th¢ r0V¢rabl¢ amount of ihE ass¢( or Ihe asset's casb generating unit, is esiimated and compared to the carrying amounL Where she cwing amount exceeds its recoverable amounc an impairment loss is recognised in profit or loss unless th¢ asset is Called at a revalued amount where the impairnent loss is a Tevaluation decreas Page 10
threefoldeord (A company limited by guarantee) ote5 to the Financial Statements for the Year Ended 30 June 2026 1.10 Creditors and provisions Creditor5 and provisions are recognised wher¢ the charity has a present obligation resulting from a past cvent that will probably result in the trsfer of fimds to a third party atkd the amount due to settle the obligalion can be mcasurcd or cstimatcd rcliably. Creditors and provisions are nonnally recognised at their settlement amount after allowing for any trdde discounts due. When th¢ ¢ffwt of th¢ time value of money is materiaL the amount of a provision shall bc the present value of the amount expected to be r¢quired to settle the obsl0 1.11 Fill8ncial in$trunieDts The company only h&8 financial assets and financial liabilities of a kind that qualify &8 basie financial instruments. Bastc fmancial instrnments are initially recognised at transaction value and subsequently measured at their s¢ttlemenl value with the exception of bank loans which are subsequently measured at the carrying value plus aecrned interest less rcpayments. 1.12 Criti[ accounting judgements and estimation uncertsinty Estimates and judg¢m¢nts are continually evaluated and are based on historical experience 8nd oth¢r factors, including ¢xp¢¢tations of fvture events that are believed to b¢ Sonabl¢ under the circumstances. There ore no critical judgements in applying tbe company's accOUtIngp0I1CieS. There are no critical accounting estimates and agsumptions. LEGAL STATUS The ¢harity is a company limited by guarantee. xncorpordted Ill the unit Kingdom and registered in Northern Irelan(L and accordingly does not have share (xpital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £10 per member of the charity. The charity's gIStered office addr5 15 Ven on pagc l of the Rq)ort of the Tns. INCOME FROM DONATJOPIS & LEGACIES 30.6.26 Totsl 30.6.25 Total Donations from individuals 18.118 15.884 Of the above. £llil relates to restricted funds (2025: £nil). NON-EXCHANGE TRANSACTIONS The charity has benefitted from the contribution of unpaid general volunteers. Their wntributioll is not accounted for due to the lack of a reliable basis of measuremenL Pagell
threefoldcord (A eompany limited by guargntee) Notes to the Financixl Statements for the Year Ended 30 June 2026 EXPENDITURE ON CHARrfABLE AcrtvrttES Activities undertaken directly Support costs Yr ended 30 June 2026 Totsl costs Unrestricted funds Grant5 to individuals Motor & travel Printing of books Postage & slationery Softwarc Conferences T¢l¢phone & internet Depreciation Bank fees Gov¢rnanc¢ ¢osts (not¢ 6) 1,703 4.413 8250 1,7Q3 4,413 8.250 436 500 600 250 342 E41 750 436 500 600 250 342 141 750 14,966 2,419 17,385 Restricted fund$ TOTAL ExPENDURE 14.966 2.419 17,385 Aetii'ities ndertaken directty Sypport costs Total costs Year tnded 30 June 2025 Unrestricted funds Grants to individua15 Motor & travel Printing of books Postage & stationery Software Website Telephone & internet Dcpreciation Bank fees Governan¢¢ costs (note 6) lJ81 10255 742 10255 742 475 429 497 343 144 690 475 429 497 343 690 12J78 2,581 14.959 Restricted TOTAL EXPENDITURE 12J78 2.581 14.959 Page 12
threefoldcord (A company limited by guaTWtee) Notes to the Financial Ststements - continued for the Year Ended 30 June 2026 GOVERNANCE COSTS 30.0626 30.06.25 Independent exatt)iDation fee 750 690 750 690 NET INCOMEI{EXPENDrruRE} FOR THE YEAR This is stated aftcr chargingl(creditiDg}: 30.06.26 30.06.25 Cost of xndep¢ndent examiDation 750 690 ANALYSIS OF STAFF COSTS AND DIRECTORS. REMUNERATION AND EXPENSES No salaries or wage5 have been paid to employees, including the te¢s. during the yeaT. The averdge monthly number of cttLployccs during the year was &$ follows: 30.06.26 30.06.25 There were no trustees, benefits orexpens¢s paid for thc ycar cndrd 30 June 2026 nor for the year ended 30 Jun¢ 2025. RELATED PARTY TRANSAcfioNS During the year. the totsl amount of donations received from tnjstees, without conditions and on which gift aid will be claimed was £1.900 (2025-. £3.800). The 0. Brendan M¢Cauley, father of former trustee Mary ML£auley. WLS reccipt of expenses payments for mini5ty donation5 £nil (2025.. £781), mileage £3.150 (2025: £6,300)* printing of books £t)il (2025.. £742), telephone and ifftiternet £250 (2025: £497), travel £822 (2025., £Thil) aAd tfaV¢l-r¢lated subststence £441 (2025.. £1,689). There was an oulstanding balance to BrendaD ML£auley at 30 Junc 2026 of£lO.116 (2025: £8.643). 111. CORPORATION TAX The ¢ompany is ¢x¢mpt frotn tax on income and gains to the extent that th¢ arc applied to its charitsble objects. Page 13
threefoldcord (A complnv limited by yarnnt¢e) 'otss to the Financial Statements- continued for the Year Ended 30 June 2026 11. TANGIBLE FIKED ASSETS Computer Equipment Totsls COST At l July 2025 Additions Disposals 1.370 1.370 At 30 June 2026 1.370 1.370 DEPRECIATION At l July 2025 Charge for year Eliminated on dtsposals 1,028 342 1.028 342 At 30 June 2026 1,370 1,370 NET BOOK VALUE At 30 June 2026 At 30 Junc 2025 342 342 12. DEBTORS 30.0626 30.06.25 Other d¢btors 5,465 1.850 13. CREDITORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR 30.06.26 30.06.25 Accruals and defetred income Othcr creditots 700 10.116 650 8.642 10,816 9.292 Page 14
threefoldcord (A Company llmited by guarARte¢) Notss to the Financial Ststsments- continued for the Year Ended 30 June 2020 14. FUNDS OF THE CHARITY Iyet ovement ill funds Tr8DSfers between fund5 At 30.0626 Year ended 30 June 2026 At lJlJ17aS Unrestricted funds Generat fiLnd 2,285 733 3,018 Restricted httds TOTAL FtiNDS 2285 733 3.018 The General fid is the'free reserves" all¢r allowing for all dc5ignated funds. Net movement in funds. included in the above are &8 follows.. Net movement in funds Income EIpenditure Ullrestrieted funds General fund 18.118 17.385) 733 Restric¢ed funds TOTAL FUNDS 18,118 17,385) 733 Net movement in funds Transfers behveen funds At 30.06.25 Year eoded 30 June 2025 At 01.07.24 Unrestrieted Gcneral fund 1.360 925 2,285 Restricted funds TOTAL FUNDS 1,360 925 2.285 The General fund is tbe'fre¢ serVes. after allowing for all desigllat>J fun¢l%. Page 15
threefoldcord (A company limited by gyarantee) Il'otes to the Financial Ststetllents- continued for the Year Ended 30 Julle 2026 14. FUNDS OF THE CHARrrY continued Net mov¢m¢nt in fimd& included in the above are follows: Net movement in funds Income Expenditure Unrestricted funds General fund 15,884 14.959) 925 Restricted fullds TOTAL FUNDS 15.884 14,959) 925 15. ANALYSIS OF TOTAL NET ASSETS BETWEEN FUNDS 30.06.26 Total funds A5 at 30 June 2026 fund Dds Fixcd &8sets Curr¢nl assets Current liabilities 13,834 10.816 10.816 3,018 3.018 30.06.25 Total fwidg Unreytritted Restricted fund funds As at 30 June 2025 Fixed assets Curreztt assets Current liabilitics 342 11,235 9,292 342 11,235 9.292) 2,285 2,285 16. CONTROLLING PARTY The board of dir¢¢tor5 is the ultimate controlling party. Page 16