The Spirit of Paul McGirr company lknltsd by haylry ¥ sharg ¢apWa Annual Report and Unaudited Financial Statements for the financial yèar ended 31 August 2020 Company Numb8r. N1070120 Charity Number: 102618 ## **The Spirit of Paul McGirr (A company limited by guarantee, not having a share capital) CONTENTS** ||**Page**| |---|---| |Trustees' and Other Information|3| |Trustees' Annual Report for year ended 31 August 2020|4-7| |Statement of Trustees' Responsibilities|8| |Independent Examiner's Report|8-10| |Statement of Financial Activities|11| |Balance Sheet|12| |Notes to the Financial Statements|13-17| **2** The Spirit of Paul McGirr IA c¢)mpany limited by guaranlee, nrrt havmjg a share upikll TRUSTEES. AND OTHER INFORMATION Charity Number in Northom 5rel•nd 102618 Company Numl>er NtIJ70120 Re9iStprod Office and PrMcFpal Addrtsts T3 Oor*5h Ro*t Dri￿tye Co TyrorE Bf18 3&4 N¢yttwn Ireland I￿￿•￿ndent Examiner Chartered Ac(a)unlants AJ￿Y House OmaJh Co Tyrone 8T78 1BZ N¢yttwn Ire Banker8 First Trust 8 HBJh Street OPIAGH Co Tyror BT78 IBH The Spirit of Paul McGirr IA company lim6ted by 9uaraniee. Thot haytya sharecaplwl TRUSTEES, ANNUAL REPORT FOR YEAR ENDED 31 AUGUST 2020 for the financial year ended 31 August 2020 The Tr￿Stee$ preserrt thwr RerM)rt arKI ACco￿ts fot the year end￿ 31 ALVJU&t 2020. which also cunprises t Directot5' Reprrt r￿uIred by the Companies Act 2￿6. Ref*r¢nee and adrninistrative details The Char6ty name Thè ￿931 name charity is:_ The Spirrt d Paul McGirr The charitys areas opeTrtion and UK charitsble ¥egistra15M. The charity 15 leg15ter￿I in Northem IrdaThl with the Ch*ty CornMtssi￿ in Nort￿rn ICCNII wrth charity number 102618. The ehafity ra￿￿ funds in Northem IfelatKI bJittw th*i18ble wc**s we c8rnEd oul iri zarnb￿. Logal structure of the charrty The chartty is ¢[*￿1[1Uted as a company l¥nited by 9￿arantee. registered under the CompanEs Act. The 9oveming dcKurnent ofthe c*arrty is the Mem0raTrJ￿l andArbdes ofknLtiabon estat4i8￿.ng rxryany undet the company gislation. There are no reslrictions in the go¥erniTrJ dOuVr￿ on the tt* Charty or ￿ its investm8nt power5 other than those irnp05ed by Charity Iw*. By operation (rf law trus￿ and dir*tors uThkr thè Ccrfnpanies Ad 2(￿ a￿d all thredors are trustees under the Charities legislalxjn and have rÈsp)nsiknlibes, as SLK*. u[￿[ tth corryjany and tharrty ￿￿1￿atiCffj. The trustees are all indivKluals_ Th• principal operaling addrtts. t•l•phon• numlw. email a￿1 web addr•s8•s olth• eharify are.. . 73 Dwish Roa Drornore. Omagh County Tyrone. BT18 3 Tekphone.. 07974682088 Ernail Addre55". Info Web Addr￿.. www.s irr. 1rr.or aulm Fionnuala Coknn Colrn Donndly Martin Mccann Michael McGirr Maeveen McNabb Gavriel 0'Don￿lI Conall Quinn Mark Quinn Katrina McGirr Aidan McGate The Spirit of Paul McGirr IA ¢(￿panY Ilmitod by guararrtee. not l¥ving a slwre TRUSTEES. ANNUAL REPORT for th8 finanoal year ended 37 August 2020 The trust￿ who Se￿e￿ as a trl￿ in Jhe reporb"r#J [￿C*￿ shown above. Fwghal Quinn resigned during the year and a lettef of ￿￿j[wIl0n is W on fi￿. Trre were no telween the year eJKI and approv* ol accounts. l trLk8tees ar8 aL80 cthrity. Objects and a¢tr¥iti08 of th• charity The purposes (rf the charity as setoul in ils governing th¢umÈnL The obiethe5 ofthe C¢ryany shau belo W0￿de de¥d(W arKI 5UPWYI to the (xmmunilw in Zambia for Ihe furtherance ol the relEf d povty. the thawwent atKI oth￿ tharItab￿ purposes by eThJaging in comrnunity devebpment PT(4T>nmes tts ￿0vNY& ImK￿¥y *1wtional and othw faciltties so as to enhan￿ futtjre opporbJnth8s 8ThJ de¥810￿eTrl lor Feopk in Zai*ia. The main activit￿ undertalK•n rnknlion to tho#* ￿1p09¢S the year Durin9 the yeartr* ch8rty uTh1wtook to busld a rw Se￿(Jary S(￿ tt* ¢(xnmunrty In Lusaka. Donations were te(xived. Various buikaing malerials were purchased and 5hipwJ to th? Tegw to enabk thE work to cornm¢nce. A tsam of in(livKluas travelled trj L￿ak3 trj oversee the FwJress. The rnain actkvltlo8 undertaken durirfj the yeartofurthw the ch•riVs purpose forthe publi¢ benefit To further the charity's purp￿ forthe ter*fft maÈn acbvrbts Ind￿ 1nvdv*￿nt with the annual under 16 fi)otball tournament along wrth Ihe lo(al GAA club. Construction of a new schod was undertaken the yeai. This was all gllabw by the conbnL*d fundraisirKJ and ¢Jona1￿$ W￿"¢h the chanty r6reiv8d durir¥J the year. The truslees ha¥e hal regard to the Ch￿lty CrrnissK)n's gUKlar￿ on pubhc i*nefit it) managirg the acts¥it￿ ol t charity. The maln achle¥emerts and porfomwKg oftho charity durng the year. DuiiThJ the year tFE (*arrty ¢onltnu&J to keep its rKofile up 8ven I￿Ugh th8 chattty it5eK did t¥)t hokl any s¥nifi¢ant fundraising events due lo the ttffjtinu¥ThJ Co¥*>19 Thi5 pllb1￿ resutted in dOr￿ti￿8 b¥Trg re￿1¥ thrc¥Jghout the year. The prirre athievernent of chathy thts year was the progress of the first phase of the constructi￿ ofthe seco￿lary $c￿MY. This was c¥MxpJebJ ￿1h the help of funds raiswj Indiv￿uals an businesses in Northewn IrelaThJ. Fundrai$ing aetfvttie8 during th• year. Th8 charrty relE5 donati(￿ fr(M)) tr* as re]urèJ in the accounts, whc6e sUPPOrt is valued. The ch3nty Underte￿ no other direct fuThJra￿lThJ aLINrtBs tse Tho dfjff8rencethe eharws perfOn￿nCe during Ihe year made to the Iwier￿1￿rI# ofthe Ghority and wider soctety. DunrYJ the year donations en&knJ ￿ to a re* tAJikling to a*1 to Suc￿sful buikl ofthe Tyi¢y* s¢h(K)l. TIE servw a￿1 a¢bwbes provxlèd in previous years by Ihe n&¥ primary sclwl have betLefited l(ul thiktren. and th￿[ parents. These set¥1￿$ have offered educabonal opportunities for thiklren its the area. and aL80 enable theÈr parents to go ￿ll 8Th1 work. The s￿ondary schrKJl will pn)VKle rEeded addthonal educati￿ $us¥)crtlo the okler chiklren in the area. Thk% has a doU￿e imw* d f*lpNJ to (levdw litw p)mmunty. thg e￿nomi¢ or¢wn61ances of f8rnilies. Both of these ate k&y ftyJndats"c4is to r*sir¥J thè stan￿d for￿ cc¥nmunrty, and thg region as a whole. The Spirit of Paul M¢Girr IA cr*np3ny limit¢d by guarantee. nc¢ haviry a share TRUSTEES. ANNUAL REPORT for the financial year erthl 31 August 2020 The method$ useil to ￿ruit￿nd •ppoint • thaiity In*tee8. New trustees are identrw through word of rnouth. frun the c3xnrnuThty $0 very dten are well known to exsting [ner￿t￿[S of the trustees ol the tharity. Potenlial trustees are s(Xeen￿ and apptynted by a panèl cornwi￿ng of ex￿tr￿ Irustee5 Ind￿11￿9 the Chairpwn. An active r￿lit￿ent Pr(￿￿￿ ts not underta(en as the charity is cornpk8t8ty comrnunty-drNen wrth rt5 rI￿rEl￿r$ &Yl trustees all ￿Ing frcqn the Iwl arÈa. Bankers". Fv5t Trust Bar*, 8 HvJh streei, orn￿. Co TyrorE, BfT8 1BH Financial review The chariV$ ￿•￿tial p(*ltk)n atthe end of Ihe yearendod 31 Augyst 2020 The finan￿al pc6itson of Ihe charty at 31 August 2(r20 ca)mparati¥e5fr* the Frfiof FefK¥J. a5 more lully t19tai￿d in thè accounts, Can bè summarised as fdknws'.- 2019 113.17n 16.3581 Unrestricted Reve*ue funds avwLsbl8 tt)rts 9eneral purposes of the charrty 18,9441 4.2&3 Total Funds 18.944} 4233 Financial wlew of the position at th• ropoiiw date. 31 August 2020 The tr￿ cortsh1er the finarKial the dufing the yw to ha¥8 satisf*t¢yy despite the deficit for the year. A% exKÉCted Covka-19 impacted Ihe kvel of d0ftati￿￿ recei%*d duriNJ the year. OonatK)ns and income of £21.936w8re r￿￿ved. with expwKliture of £35.113 resunirg in a deficit of £13,177 for thÈ year. The rn3in expenditure was on the new secondary sdpxl was startal durir¥J year. as well as travel ￿$ts to the ar8a. The (5efiot was therèfore fund￿ fr￿n eyisting resw¥es loat￿ frlwn trustees. this was consm1*￿ normal given the nature of fv thatty JLd irre9ular nabjre of the wwk it urKlÈrtakes and donatiDTKS rt receiv8S. Policy on rttsÈr¥ There is Th) speufic reser¥es thè charty to IK)kl reserves in the region of £10.0(X> d￿ndIng on the timirKJ of donatK)r6 r￿￿ed. Huwever du8 to cutt￿t COVKI-19 pandwnic of dcmations was redu￿ and the iesetves were utiliwl to provKle SUPP￿t for oynmyTrty IErthe in L￿8. The diredors understand tr importance of restartiThJ fiJndrai%itwJ ￿tr¥ll￿ order to b￿￿j resetyes to an aPp￿riate ￿¥&1. The patthmic ha& higblighted the ifflportan(* of haviThJ reser¥es. As at 31 August 2020. the tharty hal a defic¥t in reserves of £8.944. The major risks to ¥Jhich the ¢haFity is •xposed and revie*3 and $yslwrffj to miligats thorn. The rnajor nsk the tharity fa￿S is the Ir￿p￿t (Athts (xJntinuirvJ Co¥Kklg global paJKlemi¢. In iat* M￿ch 2020 the UK gOvernM￿t ijeclared a natiO[￿wth loL*dtrwn a￿￿tr"r￿j gvery afea of lrfe in the UK. Every individual wa5 affethd. Severg travel restTrcbons were intrt￿uced whth prwented all bul essenth.al travd. This had the major impact on t charrty of prÈwentiry rt frtxn undert*ing its chatstable purposes of peO￿e of Lusaka. Travel to the area has been suspendeO urrbl tt is con5KlereYJ safe 10 do tso. Wilh CORDnuiTrg threat of co￿d-19, travel 10 the area may not be possib￿ until at tht 2022. ThÈ chanty C￿*lnUeS to seek dona)ons to keep fvnds ava¢labk to send to Lusaka to cover running costs of ￿Trtre and rw sth(x)l even though tw are rKrt to travel out themsdves. FO￿gTr OfficÈ guideli￿S ar8 aLs0 Monit￿Ed for indication of a relaxation of enabling the charity to Fa¢tor¥ Ibkely to affect futurtrfin•rt¢ial pwlorm•nc•. Future fina￿al pertrrnan￿ w?11 rA)tenlially irr4)araed ty th8 0fd￿pL￿ tncryY* thal thjnors feel they have for making charitable donations. The charity does nrA I￿￿1¥e any grants frcm bfyjiès rel￿S solely on donations from privattr indi￿d￿aL% and businesses. As the Thpad on Ihe economy frty)) CovKI-19 conlinues to be fe thè ￿ve1 ol SFendiThJ by inllivid￿Ls arKI busir*sses i8 l*ety to to decrease. attlK¥ugh tw have always had very gooj resp)w when undert*iry a Ilrt¥e ￿ dOn8b"C￿ The Spirit of Paul McGirr IA company Ilmtsd ty gtsatarrta. not having a share capthtj TRUSTEES. ANNUAL REPORT for the finanaal yew ended 31 August 21r20 Employment of disabled persons Currently thè charity thes nol have arry Woyees b￿t ¥e da$s￿d as dis#J&J. Hrywever, we S￿Ry8 welcome applications from any disabled indmduals and thtyr applTcabon5 a¥e equally treated a￿j a5se5sed for suitabilty for any vacancvds which arise. This reFQrt was approved by ts board oftrustees on 29 J￿e 2021. Fionnuala Collon Director and Twsts• The Spirit of Paul McGirr IA companylknitod by guaranto&. not IMvinB •shr• Trustees, Annual Report for the finanrial year ended 31 August 2020 The charity's trw8tees are rospons￿￿ for the preparab¢)) ofU* acc4yJnts in &rXxrtar￿e with the twms of the Companies Act 2(1)6, Chartbes IN(thern IrElandl Act2W. as amended and The Charii*s IAccDunts and ReKK)rt51 Regulatio￿ (Ncthm IrelaThJl W15. In particular. the Companies Act 2Cth arvj dwrrty law require ￿ Board of Tru5t885 to Prepa￿ financial stataments fDf each financial year which give a Iwe and ofthe state ofaffairs of the as atthe end ofthe financial year and of the surplus Of ¢Jefvl ofts chartty. In preparirvJ th￿ finartial state￿￿nts the Board is required to." . Prepare ts actouftts in ￿n￿￿th Urwted Accepbj Attountiry Pra¢lte (United Kingdom AcwJntirvJ Stsndards applicable kw), Select $urtabte xG(KJnltTra polKies aThl apF4y Ih*n Make1￿19$ments and e5tirnates Ihat are reasonable aNJ prudent Prepare the finanod Statem￿ on Ihe rXjr￿rn basi8 unless irs inaFvcpfi8te to presume that tha charity will cC￿tinue in busir*$5- State wheth8r appli(2ble arA)unli￿ storwJ8rcL5 and statsmenis ￿ refxMnm*ded wactice have been fd1ul￿d. sutpct to any material @artures awwj ewained in financtal statements. The law tt)at the truslees must not approve ttE xrnJrts unkn are Satisfied that they gwe a tr￿ and rair view of the slate of affairs of the chanty aThJ dthe Su￿uS ord8ficiiof th8 charty for Ihe year. The trusi&S are also responsi￿e for maintaning ￿equate 8ccountirK4 recc*ts whi¢h ¢Ji5dose wilh reaSona￿e accuracy at any b.rng th8 financrdl P£￿thn of Ihe thanty and which are sUff￿1ent to shtrAf and expl>n the ¢harrty'5 transactiorts and enable thern to ensure that the financial statwnents r￿mplY with Companies Act 2CM)6 and ccrnply wth regulations made under t1￿ char￿e5 Act. Tlw are a150 respO￿lts1? for safeguarding the assets of the chanty and her￿ fortskiNJ reason* $tq>s fwthe prO￿tiOn aThJ 1*fr￿d and other Irregularit￿5. The Irustees a￿ also rtr$wn5ib￿ for the contsnts of Trustee5' repTht. and th8 Statutory res￿r￿1￿lIty of the inder￿ndent Examiner in rdatrjn to the Trustees. rerKJrt i& rimit￿ to examiniro the rerKJrt and ertsurityj that, on the fa￿ ofthe report t￿e a￿ rKJ mthal irtorsisteroes twrfb ts figwes disclosed in thefinanoal slatements. M•thods of preparntion ola¢¢ounts. Small ¢omp•ny pmisions The financial statements are set out on pagas 9 to 17. Th8 finaficial statements have prepareij impl￿ni11g the FRS SORP Istatemeth of RecoMn￿nde(• PractKe for Accounting and Reporting by Chaiibesl 2015. la5 arnerthd iy the Bulletin issued in October 2018 and applicable to all accounting peri£Kts twinnEng on ￿ aft¥ 1 Januw 20191. (the SORPI and in accordan¢e with the Finano&l Reporting Standard 102 financial s18tements have been wepared in accordan￿ with the prowisionB in Part 15 ofth8 Cornpan￿ Act 2(￿ applK* to oxry)aniÈs sutwt to thè small c(xnpan*s wimè. Signed on behalfof the board c4 trustees on 29 Jwe 2021. Fionnuala Colton Director and Trustre The Spirit of Paul McGirr IA tomp•tyy lim*ed by guarantee, ncl Iwvwy*sh¥èeap Report of the Ind¢wnil•nt Examinorto th•TnMt••s of tl* eharifalM¢ ¢ompany on the a¢¢oun¢s forth¢ year ended 31 AugI￿l 2020 I re￿)rt to the Trustees on my examination rrf1he rmar￿la1 statemeTrts cl the tharitable company on pages 11 to 17 for tr* y88r ended 31 AUg￿l 2020 whKh have ￿en Prepa￿ in accordarKe wilh the CharitE5 INorthem Ireland) knt 2008. as amerxJe(I lthe Artl aYKI wtth the Financial Rewjrbng StsThYard 102 leffec*"ve 1* January 20161 as modrf by FRS 102 SORP Istaternent 0¢ Rec￿nrT￿￿led pr￿h￿ f0rACc￿￿￿tilu and Reporbng by Chariknesl 2015, las amended by BUl￿tin in OctL4H 2018 atKI appltcable to all airA)unbng peri￿1$ beginnirvJ on or after 1" January 2019, IThe SORPI, PL*JlisherJ by thtr Charity C(￿￿)is5￿￿￿ in NtKttvn Ireland ICCNII. and under ihe historical n5ibiliti￿ of cha ' The charty's tr￿teeS WIK) are also directots u¥ryany fot purKX)ses of cimnpany law. are res[￿sible for t prepavation ofthe frnanual Stale[￿nts in acc£￿[￿w￿ C¢xftpanies Act 21x16. the Charrt￿S (Northem Ireland) Act 2008. 85 arnend￿ and ￿1 other 4Wi¢th fty ￿1r￿j Salts￿1 that ￿ finan(ial stakments gNÈ a and fasr ew The Trustees consmlerlhat the audrt rgjuirement of 65(21 of The Chartses (Northem Ireland) A¢t 2C08, as amendod (the Adl does not appty. and that there is no reQUir￿ert in the memorand¢Jm and articles ofthe charity for the fX)nducting of an audit. and that the acwjnts do Th)t require an a￿1￿( in accordance with Part 16 ofthe C(Thpanies Act 2006 and Ihat no member or members r￿￿ted ars audit pursL4gnt to Sedk)n 476 Of￿ Cornpanies Act 20C6 Having satisfied myseW that the financial Stst￿￿nts We n(* r￿uired to be audited uThJer ony *981 provr8ion. or otherwise, and we elwible for ￿lt￿p￿￿Jent ex￿￿￿tIon, rt is my re¥K)r6ibilty th.. EX￿1￿ the financial statements ￿￿￿er ￿tion 85 ￿th? Ch*th8s Act (Northem ITeLqndl 2￿)6 Follthv the pr¢xedures I#KI dlywn in the DI￿￿Or6 to 1ThJeFe￿*nt Examirws gi¥en ty the Charty C￿nmI￿on for Northem Ireland and.. state whetrw pth"¢uL8r matters have ccffleto my atten￿n. Basis of Ind ndent •xamIn￿$ I condwted my exaM¥￿tIon in xcOrt1an￿ with the DI￿tio￿ to Indepery*nt Examiners rnale by Charity Commission in Northern Irdand. kn indepen(knt e￿I￿?110n induts a re¥iw ofthe arwutrting re¢￿d$ kept by Ihe Charita￿e ccmpany and ofthe accwntifig systerns ernployed by the dlari1ab￿ c(¥npany arKI a (x)mparison ofthe finanaal statenpnts presented with those records. It a19) i￿￿ed cor61derab"￿ of any unusual rtems or disc105ures in the financial staiernents. and seeking eypL2natrJrs from you as Tntstees corK￿l￿J any such matters. The purposè of the examinabon is to establtsh as far as that t￿￿re have no breaches of charity legislatio and thaL on a tèst basis ofÈ¥K*n￿ rèlèvant to th8 *nounts and dk%d(sures m*Je, thè finaft￿￿ stat￿ts c(ryty With the SORP. Thè prt)cedures uTh1ertaken ¢tr* ftot [￿0vkIe all the é¥idette that wothd be requir￿1 in an audit. anD infomth supplied by the Trustees in Ihe cl ex*ninatM)n is n¢A sthiecl¥J to audittests tx e￿Ul¥￿5 and does not cover all mattets that an ayditor wwld ¢(*LsKlw in arri￿n0 at an ry>inK>n. ThÈ planniro and of #n au¢Jrt goss DnsÈquÈnYy. I do not ÈxprÈss an aud￿1 qMnK)n on gven by ttE finanoal 5tatemgnts. arhy in particular, to express no opityon as to whettEr finan(ial ststwnerts gNe a true ar￿j fair VI￿ d Ihe afPdif5 ofthe charty, and my report ks limibj to the mailws s8t in th8 stat￿rts I planned and perfmed rny examinabon as so to satsfy myself thatthe cèjethves olthe Independent examination are achieved arKI beforefina1￿lry the report l obtained wrrtten assuran￿ frlyn ts Tn*tO8s of all materiaj matte¢s. Inde￿ndent Examine￿$ siaiemonL Roport and OprThion Subje& to the limrtations upon the score of my wcrfk as d8taknJ atove. I have my examination and r2n ¢onfim that'.- The accounts ofthi% ccryany are Th)t wuired to be a￿11￿￿ Part f6 ofthe CtynpanE5 Act 2(￿", The Spirit of Paul McGirr IA ¢(mn￿nY Ilm6ted by 9warte•, This is a rewt in res￿ ofan examination G7rri￿ Imrt under Secbon 65(31 ofthe Act aTvJ in accordarte with Di￿¢bor￿ to IndependeJ* ExaMir￿rs made by the Chaity CThnmi￿10n in Ncthern IreL4nd which may b8 applicab￿,. and that no fflaten￿ rnatters have cTh to my attention in connethon vthh the examinats.on giving cause to bel*ve that in any rrthal respEd".- .accounting records we(e not kept in aC￿rdanCe with section 386 dthe Act 2(1)6 and Section 63 of The Charibes (Northern Ireland) AL2 20)8. as amentw." -the Inan¢ial $￿ernents do not arxxjrd Tmlh Ih(tse accounting r￿( .th8 ffnanryal staternents have rK)t been prepzred in accordan￿ vrith the accountiThJ wu1￿mentS rrf section 396 of the C(Y￿panIeS Act 20[￿ atKI wrfh the tne*hods atml prI[￿Ap￿ otthe Statement of Statement of Recommended Practice to Charibes prepari￿j thw'r acwjnts in xcw(Iwwxwith Financial ReFK*tirg Standard applicable in the UK and Republic of IrdaTrl IFRS1021 Independentexaminees Statem shouhl te drawn in this report in ¢ytler to enatye a urKi¥starKiir¥J of the fir￿￿1 8tat8ments to b8 reached. Jullon McKeo ABAC Chartered Accountsnts and ltsgi8thd Auditorn 12 Abbey Street Omagh. Co Tyrone. BT78 1 B2 Date: 29 202 10 The Spirit of Paul McGirr IA company Ilmtl8d ty guarants•, n(rt sharn caplkll STATEMENT OF FINANCIAL ACTIVITIES IlTr¢oryorating an Income and EApOr￿￿￿1P Accour for the fina￿￿al year erKI￿ 31 Aug￿￿t 2020 T4)tal UnTe5trKted Funds 2019 Total Fund$ 2020 2020 2019 Income DOnats'0r￿ and b¥c4e5 Other tradirvJ aCtI￿t￿S Irwestrfients 19,435 Isoo 19.435 1500 71.547 1.190 71,547 1,190 Totsl Fncome 21,936 21,936 T2.738 72.738 Expendlture Rak5¢ry fvnd5 CharrtatrAe athbes &1 3,405 75,691 3,405 75.691 34,680 34. Total Expendtturv 35.113 35.113 79,096 NEt incomplleApendtturn) Transfer5 belw8en funds 16.35BI 16.3581 Net movement in funds f4xthe find￿1￿1 yeaf 11&17T) {13,1771 18.3581 18.3581 Rt¢on¢iliation of fun(Is Balan￿S bro￿ht f(Thard at 1 se[rt￿nb￿ X)19 11 4,233 10,591 10.591 Balances carrkd fok*a￿ at 31 Au9USt 2020 {8.9441 18,9441 4,233 4,233 The Statsrnent of Finanual Actiwties induL*s all gains and losses rec(wJn*d in the finarKaal year. All income eynditure relate to coniinuir¥J activities. 11 The Spirit of Paul McGirr IA Cornpany lirrmtad ty guaronm IAYlny a ¥hre capmal) Company Number: M1070120 BALANCE SHEET as at 31 A￿aUst 2020 2020 2019 Current Assets Cash at bank and in haTr 10.249 6,617 crgdltorn: An￿unts falling du• within ono yèar IOM931 12.3841 Net Current{Liabilitie8yAssets {2441 4.233 Tot*1 l¢#¥ Current LHbilities {2441 4,233 Creditors Amounts falliTrJ due after rr￿ than one year 18.7001 Net {knabiliti•sllAs58ts 18.9441 4,233 Funds Gener* fund Iunrestnd￿I 188441 4.233 Total fund8 11 18.9441 4.233 These finanrial statements have been prepared in aQXJrdan￿ with Ihe owal proVist￿ relating to small compan￿5 within Part 15 of Ihe Cc4npanie5 Act 2(XJ6. Forthe finanaal year •rKltd 31 ALKJUSt 203) tt* ¢hantywas entrtknj to t￿Mpty0￿ from a￿Jit uyvjer ￿tiOn 477 ofthe Ccfflpan*s Act20l￿,. and no nots"￿ has beer* IleFwrteil urnler Sec*.￿ 476. The trustees confirm that the mernters have not ￿uired the company to obtain an audit of rts finan￿81 staternents for the financial year in question in acCotdan￿with 476 ofthÈ Cixnpaft￿s Act 21Th. The trustees a¢kr￿ge th*r respOn￿bIlitieS for arr8uriTrJ that Ihe chaFty keep5 xwjntiro r8cords which comp wrth section 386 and for preparing fi￿ar￿￿ ststernents whith grve a trtE and fair vi* of the statè of affairs of t eharity as at the end of the finanaal year and of its wofft and loss for ￿ finan¢ial year in a¢¢Ordan￿ wsth the requirements of sections 394 and 395 and whbth otherwise c(mKAy wth Ihe requirements of the Companies Act 20( rdating to finanual 5tat¢ments. $0 far as aFWICab￿ lo the charrty. Approved by the Board of Tru¥t88s and authori¥ed ftx on 29 Jwie 2021 awl $19ned L)n Hs behalf by Fionnuala Colton Tru8to8 Tr* nrtss rn p•3es 1310 17 krfm part oftyE fiwial $t*ments 12 The Spirit of Paul McGirr IA company limited by 9uarantee. not haviny a 5harn NOTES TO THE FINANCIAL STATEMENTS for the financial year ellded 31 August 2￿20 GENERAL INFORIAATION The Sprrt of Paul Mccirr is a 0￿Pary irynrtwj by guararrtee in N(Klhem Ireland. The wst&red Offi￿ of the company is 73 Dooish Rowj, Dii)m(*e. Co Tyronè. BT78 3BA, Norttwn Ireland which is also the nopal FA3￿ of busw￿ of ¢harity. Tr finarKxd Statem￿ have beery Fwnted in Pound Sterfir¥J 1£) which is also th8 currerLy of Ihe ch*ity. SUMIAARY OF SIGNIFICANT ACCOUNTING poL￿lEs The fOll￿1￿a aGwuntirvJ WA￿1￿$ ha* ba8n in dealing with itwns Wh￿ are rxsn#idor Basis of preparntion The account5 have been ryyed on the ￿￿er the hkstori￿1 ¢))st convent￿, and in ac¢oT¢Jan¢e with the Finanaal ReporbrvJ Stand¥d 102. (effective 1st January 20161 and 'FRS 102 SORP Istatement of R￿n￿nd￿ for Accounttro RepottiT¥J by Charibesl 2015. las &mended by the Bulletin issued in OLlober 2018 arnl a￿l¢able to all accounting peric*ts beginning on or aftèr 1st January 20191. (the SORPI,published by Chanty C¢xnmwn in NLKthem Ireland ICCNII effe￿ve January 2016. and in ￿dan￿ wilh all 4)plic&sk Law in the ¢hanty$ Jw￿l￿tion of ￿l$trati Measurement and estIn￿tIon wgyar*ion of the ffftanua Stat￿nents Manag￿nt to rn*e judgernents, estimales and a5SLWnptifx￿ that aff*t the amounts retKth1. These estimate5 and judgements are cothnu211y revwed aFKI are bawj on eXp￿￿nCe antl Oth￿f￿t0[s. inrA￿lIng expeciab'orts offuture events statomentof ¢ompl•n¢e financi￿ staterwts of the charty fin￿(JaI year ended 31 Aug￿1 2020 have been Prepa￿ on the 9)ing C￿CeM basLS aTrJ tn aCCcffjdar￿ wsth the slat￿nt of R6rLxnrnen(W Practic* ISORPI 'Acc(yJnting arEd ReF>OrtiNJ by Charit*s preparir¥ tsif accounls Fn with ts Fina￿at Re￿)rtIr0 Standard applicable in the UKand Repu￿￿01 Irdand IFRS t￿2> lefvXi* 1 Janw 20151.and FRS 102 The Finawal Rewrting St￿ard applicabk in UK aA1 Re￿tI￿ ￿ Irthmr. Cash flow statement The charty has availed ofthe exernpbon in FRS 102 the requirerwrt to [W(xJu￿ a Gqsh statèmont Lecause it is dasSIf￿ as a 5maU chairty. Fund accoufiliTrg Restricted fvnds There afft no fiJnd5. UnrestrSctod funds UnrestrKled fund5 are aVal￿tI& for w ai ￿ dwetK)n Of1￿ trustees in fvrth8Tar*8 ofts general objedives ol the ctharty. Endornntfunds There are no end¢ywment hJrth. 13 The Spirit of Paul M¢Girr (A company liffllted by nc* asharn Gwtsl) NOTES TO THE FINANCIAL STATEMENTS continu& for the finan¢Aal year erKled 31 August 2020 Incorng Incorne is recogni%ed by IndUsh￿ in the Slatementof Financial Acbvibes onlywhen the charity is lryally erttitled to the incrfft. perfcKmanc£ aitthd to the itemlsi d Income have been mel. the amounts involved can be measured with sUffici￿t religt#lity and it that tr￿(11￿ will ￿ r￿￿e￿ by the charrty. Income from ¢harftable acihTiIi•s In¢￿￿e tr(m Charitth adwitEs indLth Inc￿ eamed from the supply of servirx under ointractual arrang￿nents and trorn pwforrnance rd*ed grarrt8 have Condth0￿ that specfy the prowsion of pariGular seivi￿ to be yovKkd by the thanty Ir￿CIne frcrn govemnEnt aThJ ot￿r C￿lUr￿lerS is recognis&d when the charty is le9ally enttued to the ir*orne beeaupA it is bjlfilling thts eoTh4itK4n5 contained in the related funding agreements. Where a grarrt is retEiv&l in advarx*. its i¥ def￿[￿￿ aNI Inc1￿led ift C[￿1rt0r$. Vvhere ent5Nanent OCCUTS before inrywr￿ is rece￿1. is in debtors. Grants trom govetrwr*rts arKI otlw c￿fun￿5 typKxly i￿rI￿lE orE ofthe tDlkMng type5 of cond￿0￿5.. - Performan￿ based CA)fKJth"0Th8". wh*f is ¢x￿￿￿￿ty efttitsy io funding only to extent that CO￿ objectives of grant agreernetst ar8 achie￿1. WIEre the chartty is meeting the cole obj'ectives of a grant ¥g￿en￿n¢ rt rOwni￿ th8 r8latwJ 8yfKliti¢r8, to 8Xt8nt that rt is r8itnbu¥sabl8 by the donor, a5 .Time b￿ed C(￿ditK)ns". whereiytsE Gharity 15 entslw to fundi￿ on ¢4)nditK￿ that r( is utiliwl in a parhcular peri￿1. In these cases the chanty rvA)gnises the ir￿￿Me to Ihe extent utilwl within the period sree4￿ in Ihe èjreement In the absen￿ r￿ s￿h assuming that rwt is wobable and the amcAHrt can be rella￿Y measured. grant irKcme reccgThk%ed On￿ ch8nty k8 nc1[￿￿ of entiknent Grant5 rerAved tuwards i•at evnditUre￿e c￿rt￿l to￿ Statem8ntof Finanoal AdNib@s when T8￿1val 01 receiv8L4e, whichever is earfiet. EXpendI￿re Expenditure is analysed beknn cr6ts crfth3ritabb arKI raising turkts. costs ofeach a¢*vity are separ8tely accumulated and disdosèj. aThJ anafysed ac£ordiThJ to their major CLYnkK)nents. Expenditure is retr4nised vthen a *al or Constr￿tIve 0￿￿Jati0Th extsts as a resum of a past event. a transfer of econcmric benefrts is r￿Uir&I In setlthent the arnount of the c*)ligation can be ￿liablY measured. Supp(xt costs are those fvnctions that a5SiSt work of the thathy Lznnot be attrlbuted to one a¢tNity. Such costs are allocat￿1 to aCt￿tt￿S in pr(wboTr to slaff time swt or (Ahet measurè for e&h a￿ty. Risk and fviure assurnptio The Charty is a public ￿￿effl erty. Risks to the ch8nty indud& reduclng frc¥n donati£￿, ¢kn to the continuing Covi&19 pandèmic, which will signrficantty impact the abilty of the charity to crthnue Èt5 work A source of r￿k is ako considered to b8 the nature of the ac*vil*s ol the charity where fvnd raisiThJ v& uTrJertaken in Northem Ireland but as the charitable works are ca￿￿ out in Zambia, muth of the fund5 raised are sent ther8 lor spending Risks also Include the preparation of finan(xal statements on ferA)rds to Ihe nature of aCti￿t￿$ undertaken by the charity in Iwo countries. Future as5urnptions are that the chW will conlirll￿ its furMI raBirvJ aLtvilEs succe5sfvIty to enO￿e it to offer the se￿￿eS it ￿rr8th offers to ihe perp￿ c* LLtsaka. Drfined contribution pension Se￿ The ¢hartiy not 0￿3¢e a pe￿[￿ s(*wE. Loans to trustees included in Debtors There were no lo3￿ rnade to trustees duriThJ the year. Guarant888 mad• by the charity on b¢halfof tnots•8 The charty mad• no gu¥r#nte8s ￿ LEhaWof any tr￿1￿5 d￿r¥j the ye￿. 14 The Spirit of Paul McGirr IA CLxnpany Ilmited ty 9uararrte< nat havlng a share cawkl NOTES TO THE FINANCIAL STATEMENTS contiTrued for the fsnan¢ial year e￿￿ed 31 August 2020 uitirnate controllin9 Party thaTty is under (%)n￿ of rfs *al mentss. Evuy member of thè thanty is 0￿￿3ed to Contr￿ 2mcrtJnt as may be r4uir&l not exceeding £1 to the assets of tharity in e￿nt of ils t*rwJ w(w•J up he OT she ￿ a metnbeT. or i¥ithin ooe year after e or she wses to be a c￿rtorS are rr￿&￿Ted at the tra￿lIon wice (￿L•lty irw0￿ prh*l, and recL)ani*J in the pe￿d in whKh ttrty were inGurr&*. Cash at bank and In hand Cash held by the charity Is at the amount actually hekl and (x>unted at the year eTh*. Bank tsa18n￿, whether in ¢ywlit ¢y overdrawn. are s1tr￿n at th8 amwnts reC￿￿Ked to the bank slatwngtts. Tax3tTron The Tru51Èes consKler that the charity sati5tw thÈ tests set in par*3raph 1 sCh￿lU￿ 6 of the Finance Act 2010 for UK CorrK)rab"on tax puw85. Accordingly. Ihe Charrty 15 Wertialty exwnpt fr(Mn taxation in respect of ifiCLxne or caprtal gains recava1 within categLYies Cowed ty chapter 3 part 11 of the C￿￿￿)[?titsn Tax Act 2010 or Section 256 ofthe Taxation of¢haT￿th Ad 1932. to the extent that such Incor￿ or gains are applied exclusivety On the specffic tharitable oklecis cl ￿ tharty aThS for no other purpDStr. ValL* Adda Tax is not r￿verab￿* by Iho Chanty. ￿ is therehTr iThJLwJwJ in the relevant (xsts in the Slaternent of Finawal Acbwbe5. GOING CONCERII tharrty has a deftcrtof£13.177ft¥ ye￿. ￿ rt￿¥1ty 8ts0 ha5 a deficit in reserves ts1 £8.944 * year end, l￿WeVer the is crKd to tr￿tee5 who have gave assurances that the ftJrKls are not repayatJ4e untri the ¢h8rrty is in a pc6rtiC￿ to repay. Thetrusteeswill ensure that lun¢Jraising acbvthes will begln as soon as current cO￿d restricti(￿ allow. n*directors are ofthe view th*tsE Mr￿lat? fLrture olthe charity ks securè for r*xt 12 trj 18 months aTrJ that ¢M thk% baw Ihe charity is a g¢xng conTrrn. INCOME DONATIONS AND LEGACIES 202 2019 Funds Funds DoTraticns and 19,435 11435 71,547 OTHER TRADING AcnvrriES 2020 2019 Fun¢ts Funds Other trading ai*vrfiÈs 1,190 INVESTMEMTS 2020 2019 Funds Funds Invesbments EXPENDMIRE RAISING FUNDS Dir•ct Support Costs 2019 Raising fvnds 3.405 15 The Spirit of Paul McGirr (A company limlted by 9uarante•. not h•viffj • 8h•rt NOTES TO THE FINANCIAL STATEMENTS continu for the financial year ended 31 AugLaSt 2020 CHARITABLE ACTivrrES Suppxi Coats 2019 75.691 NEf INCOAIE 2020 2019 N•t Ineome 16 tstatsd aftor charyin￿lernd1I1ngl. ISuEpIus1 on di%w)sal of tarvJible fixed 35sets tkfi¢it on foreign currellae5 1801 872 91 INVESTMENT AND OTHER INCOME 2020 2019 Bank interest CREDITORS Amounts tslling duowithln one year 2019 Trade creditus A&7uaL5 and deletted inrnne 8.993 1,500 10,493 2,384 CREDITORS Amokjnts falling dve aft¢r more than ono yw 2020 2019 8.71JO Repayable betrfftn ts¥o aTrY fve yews 8,71XI 10. RESERVES 20 2019 At 1 Septetnber 2019 Deficit f(w the finanri* year 4,233 113.1771 10,591 16,3581 AI 31 ALVJUSt 2020 18.9441 4,233 11. FUNDS REC014CIUATION OF IK)VEMENT IN FUNDS Total Fund8 Fund At 1 September 2018 Movement dunng the fIna￿la1 ye 10,$91 16.3581 10.591 16.3581 At 31 A￿jUst 2019 Mov8m8nt during fina￿al ye 4.233 113.1771 4.233 113,17n At 31 A￿l￿1 2020 18,9441 18.wi 18 The Spirit of Paul McGirr IA ¢¢*nPAny Ilmii•d by guarantee, having a share capikll NOTES TO THE FINANCIAL STATEMENTS continued foi the financial year erKled 31 August 2020 11.2 ANALYSIS OF MOVEMENTS 011 FUNDS Balance 1 September 2019 IDwme Exppndiiurt Tran8fers between fund8 Ba￿￿Ge 31 August 2020 UnrÈstri¢tÈd fvnds unrestr￿ General 4.233 21.936 35.113 18,9441 T4)tal fund8 4.232 21,936 35,113 18,9451 12. STATUS The ¢harity is limibj by guarantge havKKJ a share c•lal. Thp liatA"lity of the membw5 B 11rnit￿l. Every tr￿mber of the ccfflpany undertakes to CDthbute to wets of the Lymnpany in Ihe event ol ils L*ing wound up while they are members. ￿ wrth'n fina￿81 year thereafter. for the payment of the debts an¢ liabilit￿S ofthe cLYnparry witr*igd before they <*ased to be rrembers. and th& costs, char9ps and expenses ofwindirvJ up. and ￿ Ihg adjustment ofthe w¥Jhts (rf ￿tri￿All￿5 am(￿9 themsdve5. amunt as may be required. not exceeding E 1. 13. RELATED PARTY TRANSACT1014S The trustees ha¥e prO￿d￿J intwest free loans to charity to the sum of £8,7thJ durirvJ the year, no ffK)nies were repaid tothe trustees at the year end. The have agraed not to seek rep#Yft￿nt to such times that the ¢harty has the aya1kb￿ ftjnds. Tlle trustees [￿Ved Th) emolurrEnt durirvj the year tntstee was ramb￿r￿ for expenses inuJrrad. These expenses are I￿ILKIe￿ in the prtht aThY 1055 a(xx)unt as frAI(ME" General exper6es É216.34 14. POST-BALANCE SHEEf EVENTS There been tv signrfKant eswts atfe(*"NJ the Ch¥ity sirKethe finaThial year-end. 17