PAPER TRAIL (LEGACY ARCHIVE RESEARCH) COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER, 2023
PAPER TRAIL (LEGACY ARCHIVE RESEARCH) COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER, 2023 PAGE 1 CONTENTS PAGE Directors & Other Information Trustees, Annual Report Independent Examiner's Report Statement Of Financial Activities Balan Sheet Notes To the Financial Statements Income & Expenditure Account 10
PAPER TRAIL (LEGACY ARCHIVE RESEARCH) COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER, 2023
PAGE 2
DIRECTORS & OTHER INFORMATION I
I
Status
The organisation is a charitable company limited by guarantee, incorporated on 5th November, 2014 and recognised as a charity with the Northern Ireland Charity Commission. The governing documents are the Memorandum and Articles of Association of the company. As a registered charity the company is exempt from corporation tax and is not required to file tax returns with H M Revenue & Customs.
Directors
Rosie Kinnear Stuart Andrew Magee Lesley Veronica Niall Pádraig Ó Murchú Sinéad O'Neill-Nicholl
Secretary
Ciaran MacAirt
Registered Office
Registered Office Ashton Centre, 5 Churchill Street Belfast, Co. Antrim BT15 2BP Gollogly & Co. Reporting Accountants 79 South Parade Belfast BT? 2GN Bank Of Ireland Bankers Antrim Road Glengormley BT36 7QN Company No Nl627631 Registered (NI) Charity No: NIC102483
PAPER TRAIL (LEGACY ARCHIVE RESEARCH) COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER, 2023 PAGE 3 TRUSTEES. ANNUAL REPORT The directors present the annual report and the financial statements of the company for the year ended 30th November, 2023. 1. Statement Of Directors, Responsibilities Company law requires the directors to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the company as at the balance sheet date and of the profit or loss for the year then ended. In preparing the financial statements the directors are required to: (a) select suitable accounting policies and apply them consistently {b) make judgements and estimates that are reasonable and prudent (c) state whether applicable accounting policies have been followed (d) prepare the financial statements on a going concern basis unless that basis is inappropriate The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the company and enable them to ensure that the financial statements comply with The Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. 2. Principal Activities And Review Of The Business The principal activities of the business during the period consisted of legacy archive research. Paper Trail has been created specifically to help ordinary families access official information buried in archives for decades. Together, the information we find will benefit them and future generations, for history informs us all. Paper Trail offers highly specialised and targeted legacy archive research for the following purposes: The advancement of health or the saving of lives. The advanment of human rights, conflict resolution or reconciliation or the promotion of religious or racial harmony or equality and diversity 3. Income And Sur Income lus 50,890 Surplus For Year 1,931
PAGE 4
PAPER TRAIL (LEGACY ARCHIVE RESEARCH) COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER, 2023
TRUSTEES' ANNUAL REPORT CONT'D) I I
4. Directors
The directors who served during the year were as follows: Rosie Kinnear Stuart Andrew Magee Lesley Veronica Niall Pádraig Ó Murchú Sinéad O'Neill-Nicholl
By Order of The Board:
Niall Pádraig Ó Murchú Director
22nd August 2024
PAPER TRAIL (LEGACY ARCHIVE RESEARCH) COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER, 2023 PAGE 5 INDEPENDENT EXAMINERS REPORT TO THE CHARITY TRUSTEES OF PAPER TRAIL (LEGACY ARCHIVE RESEARCH) We have reviewed the financial statements of the company for the year ended 30th November, 2023 set out on pages 5 to 9. Respective responsibilities of director and independent examiner: As described on page 3 the company directors are responsible for the preparation of the financial statements which comply with The Companies Act 2006 and The Charities Act (Northern Ireland) 2008. The charity is not subject to an audit under company law and is eligible for independent examination. It is our responsibility to: (i) examine the financial statements under section 65 of The Charities Act. (li) follow the procedures laid down in general directions given by the Charity (iii) Commission for Northern Ireland under section 65(9)(b) of the Charities Act. state whether particular matters have come to our attention. Basis of independent examiners report: We have examined the attached charity accounts as required under section 65(9)(b) of the Charities Act and our examination was carried out under the general directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. The examination 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 financial statements. Our role is to state whether any unusual matters came to our attention giving us concern accounting records were not kept which comply with the Companies Act, 2006 and with The Charities Act S(63)' The financial statements are not in accordance with the accounting records. the financial statements do not comply with the accounting requirements of S396 of the Companies Act, 2006 and with methods and principles of the Charities Statement of Recommended Practice applicable to charities preparing accounts in accordan with the Financial Reporting Standard applicable to the U K and Ireland. (iv) that there is further information needed for a proper understanding of the financial statements. Independent examiner's ststement We have completed our examination of the attached financial statements of Paper Trail (Legacy Archive Research) and have no concerns in respect of the matters itemised at (i) to (iv) above and in connection with following the Directions of The Charity
PAPER TRAIL (LEGACY ARCHIVE RESEARCH) COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER, 2023 PAGE 6 INDEPENDENT EXAMINERS REPORT TO THE CHARITY TRUSTEES OF PAPER TRAIL (LEGACY ARCHIVE RESEARCH) Commission for Northern Ireland, we have found no matters which require to be drawn to your attention. Gollogly & Co. 79 South Parade Belfast BT7 2GN 19th July, 2024
PAPER TRAIL (LEGACY ARCHIVE RESEARCH) COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER. 2023 PAGE 7 STATEMENT OF FINANCIAL ACTIVITIES 2023 2022 Note Income 50,890 38,960 Operating Expenses 48,959 45,928 Surplusl(Deficit) For The Year 1,931 (6,968) Reserves Brought Forward 267 7,235 Reserves Carried Forward 2,198 267 The funds are unrestricted.
PAPER TRAIL (LEGACY ARCHIVE RESEARCH) COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER, 2023
PAGE 8
| I | BALANCE SHEET I CURRENT ASSETS 2023 2022 £ £ Sundry Debtors 558 Cash At Bank 1,991 2,549 CREDITORS FALLING DUE WITHIN ONE YEAR Sundry Creditors 350 CAPITAL EMPLOYED 2,199 CAPITAL AND RESERVES £ £ Called Up Share Capital 1 Revenue Reserves 2,198 2,199 558 60 618 350 268 1 267 268 |
|---|---|
Approved By The Board Of Directors:
For the year ended 30th November, 2023 the company was entitled to exemption from audit under section 477 of The Companies Act, 2006, relating to small companies.
The members have not required the company to obtain an audit in accordance with the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with FRS 102.
Niall Pádraig Ó Murchú Director 22nd August 2024
PAPER TRAIL (LEGACY ARCHIVE RESEARCH) COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER. 2023 PAGE 9 NOTES TO THE FINANCIAL STATEMENTS 1. Income Income represents the net amounts receivable during the year by the company in respect of grants received. 2. Charitable Status The company is a registered charity limited by guarantee.
PAPER TRAIL (LEGACY ARCHIVE RESEARCH) COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER, 2023 PAGE 10 INCOME AND EXPENDITURE ACCOUNT 2023 2022 INCOME Grants Received 50,890 38,960 50,890 38,960 OPERATING EXPENSES Staff Travel Expenses General Expenses Marketing Directors Fees Stationery & Printing Telephone & Fax Trade Subscriptions Legal & Professional Fees Research Pension Contributions Bank Charges 3,765 213 476 36,384 1 ,499 77 216 316 818 5,126 69 2,081 1,391 1,114 29,685 2,329 1,221 2,544 5,553 10 48,959 45,928 SURPLUSI(DEFICIT) FOR THE YEAR 1,931 (6,968)