Company Reglstratlon Number: N1610562
ALLY Foyle Ltd
Financial Statements and Trustee5' Report
for the Perlod Ended 31 March 2023

ALLY Foyle Ltd
Company limited by guarantee
Contents
Page
Legal and Administralive Information
Trustees, Report
Independent Examiner's Report
Statement of Financial AGtivities for the period ended 31 March 2023
Balance Sheet as at 31 March 2023
Notes to Ihe Accounts
9-13

ALLY Foyle Ltd
Company limited by guarantee
Legal and Administrative Inforrnation
Status
The organisation is a charitatle company limited by guarantee, incorporated in Northern Ireland on 5
January 2012 and is recognised as 8 charity by Revenue & Customs. The governing document is a
Memorandum and Articles Of Association.
Directors:
Paula Martin
Martin Mccartney
ChaSrperson .
Paula Martin
Accountants .
Fergus McAteer & Co.
Charlered Accountants
31133 Clarendon Street
Oerry
BT48 7ER
Main Banker5:
First Trust Bank
Meadowbank
Slrand Road
Derry
Reglstered Offlce:
18 Balliniska Road
Springtown Industrial Estate
Derry
BT48 ONA
Inland Revenue Charity Reference Number .
XR 85046
Company Number .
N1610562
Charity Commission of Northern Ireland Number:
NIC 102595
Page 1

ALLY Foyle Ltd
Trustees, Annual Report
for the Period Ended 31 March 2023
The Directors are pleased lo present their annual report togelher with the financial stalemenls of the Charity
for the period ended 31 March 2023 which are also prepared to meet the requirements for a Directors, report
and accounts for Companies Act purposes.
The financial statements comply with the Charilies Act (Nl) 2022, the Companies Act 2006, the Memorandum
and Articles of Association, and Accounting and Reporting by Charities. Stalemenl of Recommended Practice
applicable lo charities preparing their accounts in accordance wlh the Financial Reporting Standard
applicable in the UK and Republic Of Ireland IFRS102) {effeclive 1 January 2019.)
The company is governed by a Memorandum and Articles Of Association dated 05101112. The company
number is Nl 610562 and the regislerd office is 18 Balliniska Road, Springtown Industrial Estate. Derry. The
company is a registered Northern Ireland charity - reference NIC 102595.
Directors and trustees
The directors of the charitable company Ilhe Charity) are the trustees for the purposes of Charity Law.
The trustees during the period and at 31 March 2023 were as follows..
Paula Marlin
Marlin Mccartney
Chalrs report
Nelworking and partnerships are a part of the success of Ally Fo￿e and Ihe managemenl commiltee assists
in helping develop projects that lake place. We continue lo meet nur aims and objectives by supporting and
nemorking with voluntary & community member groups along with relevant statutory agencies. In ord6r to
Ghallenge these issues, we continue lo slt on various commlttees working with older people.
We have a yearly service level agreemenl wlth Ihe WHSCT, who continue to provlde funding towards Activ8
Ageing Programmes for our member groups. We are always sourcing funding to continue to provide
programme5 and actlvltles for our older people lo take part in. Successful grant applications have been
secured from..
WHSCT service level agreement.. £26,354
Arts Council Nl - £2,140
Halifax Foundation - £3,840
The finances and budgets are monilored by our co-ordinator and reported to the committee, our annual
accounts are available for inspeclion. We would like to thank members of the Management Commillee who
have supported our co-ordinator and also our member groups and funding bodies.
Our purposes and activltles
The purposes of the Charity is to prDvide active ageing programmes for older people in the Fo￿e 8rea and to
develop partnerships with appropriale networks and relevant agencies. This is done with the help of public
fundinq and all activitles are funded from arants recèived.
In shaping our objectives for Ihe year and planning our aclivilies, the directors have considered the Charity
Commission's guidance on public benefit requirement (PBR1). We endeavour to encourage a wide range of
people and organisalions to lake aévantage of our expertise and promote all within our community lo make
use of our services.
Page 2

ALLY Foyle Ltd
Trustees. Annual Report
for Ihe Period Ended 31 March 2023
Volunteers
The Charily is very involved in the community and we rely on voluntary help. We are assisted by volunteers
within each older people's group who help organise programmes within the individual clubs and groups
Related Partles
The organisation has close relationships with other groups in the Foyle area engaged in the provision of
services to older people.
Achlevements and perfomiance
In addition to these mainslays of our annual programme we provide information to older people. offer training
and consultation's and provide different resources such as feel safe leaflets. fire safety leaflets, falls
prevention leaflets, gripper handles, medicine bottles, magnifiers, walking maps, informalion leaflet5, & hot
drink rnugs. We network wth different groups and clubs 8nd offer advice and infomialion through email,
social media and newsletters direclly posted out to older people.
We continued to source and receive funding for individual packs which have been very suGcessful.
Financial Review
As outlined above all activities are funded by grants received. During the year income of £32,334 was
received and total costs were £36,955. This left a deficit for the year of £4,621 which was funded from
opening reserves of £30,127. The Charity was left with reserves of £25,506 at the year end.
The Directors were pleased with the resuks for the year. The unrestricted reserves at the year-end were
£2,246.
Reserves pollcy and golng concern
Reserves are needed to bridge the gap between the spending and receiving of income and to cover
unplanned emergency costs. Due to the nature of Charity, no activities are started Of Costs incurred until
funding is in place. The Directors consider that il is not ne￿SSary lo have unrestricted reserves as funding is
in place to meet all costs.
The trustees have reviewed the circumstances of the Charity and consider that there is secured funding in
place Ihat is adequate lo fund activities for the foreseeable future. The directors are of the view that the
Charity is a going concern.
We will continue to source funding for the nemork. Our service level agreement has been exlended until
March 2024 to ensure our sustainability.
Page 3

ALLY Foyle Ltd
Trustees. Annual Report
for the Period Ended 31 March 2023
Plans for future periods
We plan lo continue to offer a variety of programmes and aclivities directly lo older people in their Glubs,
groups, community cenlres and sheltered l assisted living accommod2tions. We will continue to source extra
funding for the delivery of positive ageing programmes that we plan direGtly with older people.
We will continue to source extra funding for the delivery of positive ageing prograrnmes that we plan directly
with older people.
Statement of tNstee6' responslbllltles
The Charity Trustees (who are also the director5 of the ALLY FoOe Ltd for the purposes of company lawl are
responsible for preparing a Trustees, Annual Report and financial statements in accordance ￿th applicable
law and United Kingdom Accounting Standards (United Kingdorn.Generally Accepted Accounting Practice).
Company law requires the TrLtslees to prepare financial statements for each financial period which give a true
and fair view of the state of affairs of the charitable company and of the profit or loss of ihe company for that
period.
In preparing these the Trustees are required to-.
select suitable accounting policies and apply them Consistently;
-observe the methods and principles in the Chaflties SORP;
make judgements that are reasonable and prudent.,
slate thether applicable accounting standards have been followed, subject lo any material departures
disclosed and explained in the financial statements.,
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
organisation will continue in business.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy
al any time the financial posilion of Ihe organisation. They are also responsible for safeguarding Ihe assets of
the organisalion and hence for taking reasonable steps for the prevention and detection of fraud and olher
irregularities.
This report has been prepared in accordance with the special provisions for small Gompanies under part 15 of
the Companies Act 2006.
This report was approved by the Board on 11 October 2023 and signed on its behalf by
Mrs Paula Martin
Dlrector
Page 4

ALLY Foyle Ltd
Company limited by guarantee
Independent Examinerfs report to the Charity Trustees of ALLY Foyle Ltd
Period ended 31 March 2023
We report solely the the Charity Tru5tee5 on our examination of the accounts for the period ended 31 March
2023. To the fullesl extent pemitted by law, we do not accept or assume responsibility lo anyone other than
ALLY Fo￿e Ltd and its Trustees as a body for our work or for this report. As a practising member firm of
Chartered Accountanls Ireland. we are subject to its ethical and other professional requirements which are
detailed at www.charteredaccountants.ie.
Respective responsibilities of charity trustees and examiner
As the Gharity trustees land also the directors of the company for the purposes of company lawl you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act
2006 and the Charities Act (Northem Ireland) 2008. Having satisfied ourselves that the charity is not subject to
an audit under company law, and is eligible for independent examination, it is our responsibility to..
-examine the accounts undef section 65 of the Charities Act.
-follow the procedures laid down in general directions given by the Charity Commission for Northern Ireland
under section 65191{b) of Ihe Charities Act.
-state whether particular matters have come to our attention.
Basis of independent examiner's report
We have examined your Charity accounts as 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
Northern Ireland under section 65191{b) of the Charities Act. The examination included a review of the
accounting records kept by the Charity and a comparison of the accounls presented witr those records. It also
induded consideration of any unusual items or disclosures in the accounts, and seeking explanations from
you as Charity Trustees concerning any such malters.
Our role is to state whether any material matters have come to our attention giving us concern to believe..
1. that accounting records were not kept as required by with section 386 of the Companies Act 2006 and
section 63 of the Charities Act.,
2. that the accounts do not accord with those accDunting records.,
3. that the accounts do not comply with the accounting requirements of section 396 of the Companies Act
2006, the Charities Act and with methods and principles of the Charities Slatement of Recommended Practise
applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic Of Ireland.
4. that there is further information needed for a proper understsnding of the accounts to be reached.
Independent examiner's statement
We have completed our examination and have no concerns in respect of the matters11) to {4) above and, in
connection with following the directions of the Charity Comrnission for Northern Ireland, we have found no
matters thal require drawing to your altention.
s McATE&61
CHAPTEHED
cAteer & Co
Chartered AcGountant5
31133 Clarendon Street
Derry
BT48 7ER
1 1 OCT 2023
ACCOUNTANTS
11 October 2023
Q)tysr.DE
Page 5

ALLY Foyle Ltd
Company limited by guarantee
statement of Flnanclal Actlvltles
(including income and expenditure account)
for the Period Ended 31 March 2023
Unrestrfcted Restrlcted
Funds
Funds
Totals
2023
Totals
2022
Notes
Income
Income from charitable actlvities
32,334
32,334
37,670
Total
32,334
37,670
Expenditure
Charitable activities
36,955
36,955
35,804
Total
36,955
35,804
Net income
14,6211
{4,621)
1,866
Net movement in funds
14,6211
{4,621)
1,866
Reconciliation of funds
Total funds brought forward at 1 February 2022
2.246
27,881
30,127
28,261
Total funds carried forward at 31 March 2023
2,246
23,260
25,506
30,127
The staternent of financial activities indudes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities
Page 6

ALLY Foyle Ltd
Company limited by guarantee
Balance Sheet as at 31 March 2023
Unrestrlcted Restrlcted
Funds
Funds
Totals
2023
Totals
2022
Notes
Flxed Assets
Tangible Assets
1,214
1,214
1,518
Current Assets
Cash at bank and in hand
Total Current assets
2,246
2,246
23,126
23,126
25,372
29,581
29,581
Creditors.. amounts falling due
within one year
11,0801
{1 ,080)
1972)
Net current assets
2,246
22,046
24,292
28,609
Total a55ets less current liabilities
2,246
23,260
25,506
30,127
Creditors: amounts falling due
after one year
Net assets
2,246
23,260
25,506
30,127
The Funds of the Charity
Funds
2,246
23,260
25,506
30,127
For the period ended 31 March 2023 the company was entitled lo exemplion from audit under section 477
of the Companies Act 2006 relating to small companies.
Directors responsibilities..
The members have not required the company to obtain an audit of its financial statements for the period
in question in accordance with section 476;
The direclors acknowledge their responsibil￿1*eS for complying with the requirements of the Act with
respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions 3pt4icable to companies
subject lo the small companies, regime and in accordance with FRS 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland,.
Page 7

ALLY Foyle Ltd
Company limited by guarantee
These financial statements were approved by the Board of Directors and aulhorised for issue on 11
October 2023, and are signed on behalf of the Board by.,
Mrs Paula Martln
Director
Company Reglstratlon Number . N1610562
Page 8

ALLY Foyle Ltd
Company limited by guarantee
Notes to the financial statement5
Period Ended 31 March 2023
General Information
The Charity is a private company limiled by guarantee, registered in Northem Ireland. The address of
the regislered office is 18 8alliniska Road, Springlown Industrial Estate, Oery.
Accounting policies
Basis of preparatlon
The financial slatemenls comply with the Charities Act INI) 2022, the Charities (Accounts and Reports)
Regulations INI) 2015, Companies Act 2006, the Memorandum and Articles of Association. and
Accounting and Reporting by Charities.. Statement of Recommended Practise applicable to charities
preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS1021 (effective 1 January 2019.)
ALLY Foyle Lld meets the definitson of a public benefil entity under FRS 102. Assets and liabilities are
initially recognised at historical cost or transaction value unless otherwise stated in the relevant
accounting policy note{s)
Turnover
Turnover represents the lotal value of grants received and receivable during the year. Grants are
recognised in the Profit and Loss account when the conditions for their reGeipl have been complied w7lh
and there is reasonable assurance Ihat the grant will be received.
Income from government and other grants. whether 'capital' grants or 'revenue' grants, is recognised
when the charity has entitlement lo the funds, any performance conditions attached to Ihe grants have
been mel. il is probable that the income will be received and the amount can be measured reliably and
is not defe￿ed.
Taxation
During the Gurent year the company has only been involved in charitable activities in furtherance of ils
charitable objects and is not liable to Income Tax or Corporation Tax.
Tangible assets
Tangible assets are initially recorded at cost, and are subsequently staled at cost less any accumulated
depreciation and impairTnenl losses.
Depreciation
Depreciation is calculaled so as to write off the cost or valuation of an asset, less its residual value,
over the useful economic life of that asset as follows:
Plant and machinery
2010
reducing balance
Flnanclal Instruments
A financial asset or 2 financial liability is recognised only when the company becomes a party to the
contractual provisions of the inslrument.
Basic financial instruments are initially reGognised at the transaction price. unless the arrangement
constitutes a financing transaction, where il is recognised al the present value of the future payments
discounted at a markel rate of inlerest for a similar debt instrument.
Page 9

ALLY Foyle Ltd
Company limited by guarantee
Notes to the financial statements (conlinued)
Period Ended 31 March 2023
Limited by guarantee
ALLY FoyEe Ltd is a registered charity limited by guarantee without a share capital.
Charity Number.. XR85046
Charity Commission of Nl Number.. NIC 102595
Funds
Unrestricted Revenue Funds -
comprise those revenue funds which the management committee
are free to use in accordance with the company objectives.
Restricted Revenue Funds-
comprise those revenue funds which have been given for particular
purposes and projects.
5. Income
Unrestrlcted Restrfcted
Funds
Funds
Totals
2023
Totals
2022
Income from charitable activitiè5
WHSCT
Halifax Foundation
Arts Council Nl
New Needs (Community Foundation)
Dery City & Strabane Council
Co Operation Ireland
Acorn Fund
26.354
3,840
2,140
26,354
3,840
2,140
21,851
5,600
4,940
2,015
2.000
764
500
32,334
32,334
37.670
Income from other Iradin
activities
Other income
Total
32,334
32,334
37,670
Page 10

ALLY Foyle Ltd
Company limited by guarantee
Note5 to the financial statements (continued)
Period Ended 31 March 2023
Expendlture
Unrestrlcted Restrlcted
Funds
Funds
Totals
2023
Totals
2022
Expendlture on charltable actlvltles
Wages and salaries
Prograrnme cosls
Rent
Insurance
Repairs and maintenance
Printing, postage and stationery
Publicity
Telephone
Travel expenses
Accountancy fees
Bank charges
General expenses
Depreciation of tangible assets
Total
18.707
8,552
5.320
860
18,707
8,552
5,320
860
15,690
13,049
1,702
958
180
559
559
144
801
357
1.092
197
62
304
36,955
1,118
714
610
972
222
56
533
35,804
801
357
1.092
197
62
304
36,955
Staff costs
The average number of persons employed by the company during the period, including the directors
was 112022.. 1).
No remuneration was paid and no expenses were reimbursed to the directors during the year.
The key management personnel of the charity Gomprises of the Tnjstees and the Manager. The total
benefits of the key management personnel was £18,707131 January 2022 - £15,690).
Page11

ALLY Foyle Ltd
Company limited by guarantee
Note5 to the financial statements (conlinued)
Period Ended 31 March 2023
Tangible assets
Fixtures,
rittings and
equipment
Total
Cost
At 1 February 2022 and 31 March 2023
2,687
2,687
Depreciation
At 1 February 2022
Charge for the year
1,169
304
1,169
304
At 31 March 2023
1,473
1,473
Carrying amount
At 31 March 2023
1,214
1,214
At 31 January 2022
1.518
1.518
Creditors: amounts falling due within one year
31103123
31101122
Accruals
1,080
972
1,080
972
10.
Contlngent assets and liabilities
ALLY Foyle Ltd has received grant assistance from govemment. public and other bodies. The payment
of these grants is made subjecl to certain conditions being fulfilled. The directors consider these
conditions will be satisfactorily fulfilled and the likelihood of having to repay any grant is remote.
Page 12

ALLY Foyle Ltd
Company limited by guarantee
Notes to the financial statements (continued)
Period Ended 31 March 2023
Analysis of charitable fund5
Analysis of movements in unrestricted fund8
Balance at IncomingResource5
Funds at
1 February 2022 Resources Expended Transfers 31 January 2023
General Fund
2,246
2,246
2,246
2,246
Name of unrestricted fund Description of the Fund
General Funds
Funds which the Charity is able to apply freely in pursuit of its own
charitable objectives and related purposes.
Analysis of movements in restricted funds
8alance at IncomlngResources
Funds at
1 February 2022 Resource5 Expended Transfers 31 January 2023
Restricted Fund
27.881
32,334
(36,9551
23,260
27,881
32,334
(36,955)
23,260
Name of restricted fund
Restricted Fund
Description of the Fund
Funds which the Charity applies for particular purposes and projects in
pursuil of its charitable objectives.
Analysis of net assets between funds
General Restricted
Fund
Fund
1,214
23,126
{1,080)
Total
1,214
25,372
{1,0801
Fixed Assets
Cash al bank and in hand
Creditors
2,246
Total
2,246
23,260
25,506
Page 13