Registered number- N1053206 Charity numbèr.. NIC102856 TRANSFORMATIONS IRELAND LIMITED (A company limited by guarantee) UNAUDITED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
TRANSFORMATIONS IRELAND LIMITED IA Company limitsd by guarants¢l CONTENTS Page Rafgronca and administrative details of tho Company. its TntS and advisars Trusts¢$' roport Indopondant 8xamin8es rnport Statsment of financial activities Balanc• sh¢•t Notes to the financial statements 10-17
TRANSFORMATIONS IRELAND LIMITED IA Company limitsd by guarants¢l REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 310ECEMBER 2025 Tw$tg9$ Robin Clarke Marian Gallagher Margaret Clarke Company reglytered numb•r N1053206 Charity r8gistsr8d numbor NIC102856 Rogl$tsrod offlcè Surte 2.06 Custom House. Custom House Square Bewast BTI 3ET Company $o¢retary M Clarke Accountsnt• UHY Hacker Young Fitch Chartered Accountsnls Suite 2.06 Custom House, Custom House Square Beffast BT13ET Bank•r¥ Ulster Bank Connswater Branch Arches Retail Park Beffast BT54AF Page 1
TRANSFORMATIONS IRELAND LIMITED IA Company limitsd by guarants¢l TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 The Trustees present their annual report together the financial ststements of the Company for the 1 January 2025 to 31 December 2025. The annual report serves the purposes of both a Trustees, report and a directors. report under company law. The Trustees confim that the annual report and financial statements of the charitsble company comply wrth the current stalulory requirements. the requiremen15 of the charrtable company's goveming document and the provisions of the Slalemenl of Recommended Practice ISORPI applicable lo charib'es preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Irdand IFRS1021 leffecb've 1 January 20191. Since the Company qualffies as small under section 382 of the Companies Act 2006, the ytralegi¢ report quired of medium and large companies under the Companies Act 2006 Islralegic Report and Directors, Report) Regulations 2013 has been omitted. Structurè. gov•rnanco and managomènt a. Constitution Transformats'ons Ireland Limited is registered as a charrtable company limited by guarantee and was sel up by a Memorandum of A$so¢ialion on 5th De¢ember 2004. The company is a registered charty wth the Northern Ireland Charities Commission under number NIC102858 and accepted by HMRC as a chanty under the reference XR84067. b. Methods of appolntmant or •loctlon of Trusts•s The management of the Company is the responsibility of the Twslees vkno are elected and cL¥opled under the terms of the Memorandum of Association. As required on an ad hoc basis the Trustees discuss the appointment of potential new Trustees for appointment to the Board. Suitable people are approa¢hed and if they are willing lo serve on the Board their nomination is pul forward for approval. c. Organlsatlonal stw¢tur• and do¢lslon4naklng poll¢l•s The Board of Trustees are responsible for all aspects of corporate governance vthin the company. They meet a minimum of four limes a year lo define and agree slralegie priorib.es for the charity, monrtor progress and review the resources available lo sustsin the company. d. Finan¢il risk mn*gem•nt The Trustees have assessed the major risks to %thich the Company is exposed, in particular those related to the operations and finances of the Company, and are satisfied that systems and procedures are in place to mitigate exposure lo the major risks. Page 2
TRANSFORMATIONS IRELAND LIMITED IA Company limitsd by guarants¢l TRUSTEES. REPORT ICONTINUED) FOR THE YEAR ENDED 310ECEMBER 2025 objec¥$ and a¢llviti•$ a. Policie5 and objectives The principal objective of the company is the thancemenl of religion through the organisation prayer events for the promotion of the Nsr)rd of God. Transformations Ireland Limrted was set up lo give fom) and accountability lo our existing ad hoc group that had been meeting since 200110 pray and to unile wth olhers in repentance before God and to seek the power of his Holy Spirit at work in bringing all Ireland, but parb'cularfy Northem Ireland, back to God. b. A¢vItI0$ undortakèn to achlovo obJ•¢tlvos The activities undertaken to achieve the objectives include the organisation of a number of prayer events and gatherings lo facilitste the networking and communicabon behveen various local prayer groups and other Christian organisalions throughout the UK and Ireland lo promote the of God through the provision of teachin9 courses, guest speakers and supporL c. Maln actlvltl•s und•rtaken to further Company's puryK¥s•s for th• publlc b•nofft The main projec1$ undertaken for the pulAic benefrt include fa¢ililab'ng events vthere members of the public from different areas, churches and social backgrounds can come together to communicate, build relationships and strengthen their faith through the promotion of the of God. The public benefit can be seen through the Spiritual. social and general wellbeing from those who attend the events. as well as providing a place for peace and reconciliatson wlh people from diffwent communitses an(1 perspecb"ves. Page 3
TRANSFORMATIONS IRELAND LIMITED IA Company limitsd by guarants¢l TRUSTEES. REPORT ICONTINUED) FOR THE YEAR ENDED 310ECEMBER 2025 A¢hiovomonts and rfornIan¢fy a. Review of activities In 2025 we have organised and managed (interdenominational and cross community) prayer for Stormont politicians via Zoom lon 1 occasion) and by meeting physically in the building on 8 occasions. These meetings conslilule the major part of our regular activrty and we are grateful for sUPPOrt received from the Even15 Department and that we are able to meet to pray in our place of govemmenl. We also participated in prayer support for the nats'onal SEND inibats've as well as being part of the leadership team, organising monthly prayer Wdtches and orship meetings across the churches in Bangor (Light of the Worldl. These have been well received and we are hoping for ongoing increased momentum with the Bangor meetings. In July 2025 we also hosted ts¥o key Australian prayer leadefs for an explorory tour of Ireland lo visit siles and to meet various leaders. We are l¢)oking foward now to h¢tir0 a full coach-load of leaders from Australia in September 2026. Our networking, and relational acliwties have also conbnued and have seen a number of physical meetings wlh various groups. We continue lo maintsin regular contact with prayer leaders aeross Ireland. England. Scotland, Wales, Isle of Man. and the Channel Islands as s%ell as farther afield and were pleased to join wlh them for Several days at their annual meeting, this year in Wrtney during May 2025. We continue lo have meth'ngs a nefvrk of participants from the house church movement in England Ibul also some from Vvales, Scotland and USI. Aso. our relationships wlh the North Devon House of Prayer as well as with various local (Northern Ireland) prayer inth'alives remains healthy. We also participate vhen we are able th an all-lreland prayer watch held usually In Athlone. Such connections bring infomation and encouragement for our own circle of support and we, in lum. are able to unite with and lo encourage others. In 2025 we continued lo maintain our websrte and social media presence and WTole and di5seminaled daily devotiona15 through the Lent and Advent seasons. From feedback received we believe these have been of encouragement in a variety of church and individual circumstsnces. Overall therefore, acts'vitie$ have been posrtive, and have seen benefits in the areas of encouragement and in building and maintaining relationships. Thi5 year, once again have not engaged in formal fundraising and have relied on regular donations and some saved balance. We finish the year a posrtive bank balance. We shall prayerfulty keep our funding under review, bLJI we have reserved sufficient lo cover our overheads. Overall, we remain very conscious of Ihe critical need for prayer for our communth'es in these days of rapid social change, of polrtical uncertainty and increased r1d instability. Once again, much of our work this year has been encouraging and connecting b*ilh indiwdual people and other prayer mini51ries both within Northern Ireland and also across the rest of the UK and the Republic of Ireland that have a heart for prayer and community transfomiations. We remain open to the counsel and ailvice from ¢)ur Commrtlee of Reference and look fotward to the challenges ahead. Page 4
TRANSFORMATIONS IRELAND LIMITED IA Company limitsd by guarants¢l TRUSTEES. REPORT ICONTINUED) FOR THE YEAR ENDED 310ECEMBER 2025 Flnan¢ial rovl . Going concern After making appropriate enquiries. the Tnjstees have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial 5ts1ements. Further details regarding the adoption of the going Concern basis Can be found in the accounb.ng policies. b. Resorves policy The Trustees a$sess the level of reseryes on a ntinUal basis to ensure that they are able to meet any commitments that could reasonably arise. 11 is the poIY of the charitable company that unrestricted fijnds vthich have not been designated for specific use should be maintained at a level equivalent al three lo six months operabng expendrture. The Trustees believe that reserves al this level wll ensure that. in the event of a stynificant drop in incoming resources. they wll be able lo continue the charity's core acts'vilies while conseratIon is given to ways in vthich additional funds may be raised. This level of reserve$ has been maintained Ihroughout the year. ¢. Flnanclal rfsk management obJ•¢tlves and pollcl•s The Trustee5 have assessed the major risks lo which the company is exposed, in particular those related lo the operations and finances ol the company, and are sats"$fied that systems and procedures are in place to miligale our exposure lo the major risks. d. FSnanclal revlew The resuks for the year are sel out in the attached financial st*emenls. The resu5 for the year and the financial Pg$ilion were considered satisfactory by the Trustees. Membern. Ilablllty The Members ol the Company guarantee lo tonlribute an amount not exceeding £10 to the ossels of the Company in the event of wnding up. Page 5
TRANSFORMATIONS IRELAND LIMITED IA Company limitsd by guarants¢l TRUSTEES. REPORT ICONTINUED) FOR THE YEAR ENDED 310ECEMBER 2025 Statsm&nt of TrUSs. rnsponsibilitiès The Trustees (who are also the directors of the Company for the purpose5 of company lawl are responsible for preparing the Trustees, report and the financial stslements in accordan¢e wlh applicable law and United Kingdom Accounty'ng Standards IUnrte(l Kingdom Generally Accepted Accounting Pra¢ti¢el. Company law requires the Trustees to prepare financial statements for each financial . Under company18w, the Trustees musl not approve the financial stslements unless they are sab"sfied that they give a tiue and fail view of the slate ol affairs ol the Company and of its incoming resources and application of resources. including Ils income and expenditure. for that period. In preparing these financial statements, the Trustees are required to.. select suitable accounting policies and then apply them consistently.. observe the methods and principles of the Charities SORP IFRS 1021., make judgments and ac¢ounbng esb"males that are reasonable anij prudent". stste whether applicable UK Accounting Standards {FRS 1021 have been f91lov1. $ubje¢t lo any material departures disclosed and explained in the financial statements., prepare the financial slalemenls on the going nCeM basis unless it is inappropriate lo presume that the Company wll continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose wlh reasonable accuracy al any lime the financial position of the Company and enable them to ensure that the finan¢ial statements mplY vAth the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order ol the members of the board of Trustees on 10 June 2026 and signèd on their behalf by.. Margaret Clarkè (Trusleel Page 6
TRANSFORMATIONS IRELAND LIMITED IA Company limitsd by guarants¢l INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 Ind•p•nd•nt •xamlnor'$ roport to th• Tw$t¢es of Tr4nsfomiatlon$ lrnl•nd Llmlted I report on the financial statements of the company for the year ended 31 December 2025 lch are set out on pages 8 to 17. R•$p¢ctlve ro$pon$lbllltl¢s of charlty Twst••s and •x•mln•r As the company's trustees land also the directors of the company for the purpose of company lawl you are responsible for the preparation of the account5 in accordance with the requirements of the Companies Act 2006. Having satisfied myseff that the company is not subject to audit under company law. and is eligible for independent examination, rt is my responsibility to". examine the accounts under section 65 of the Charth"es Act (Northem Ireland) 2008., follow the procedures laid dovm in the general DIrectn5 given by the Commission under section 851911bl of the Charits'es Act., and stsle whether particular malters have come to my attention. Bas1$ of Independent examlnorfs 8tstem•nt I have examined your company accounts as required under section 65 of the Charities Act and my examination was ¢arned out in a¢cordan¢e bilh the general Directn$ given by the Charity Commission for Northern Ireland under section 8519llbl ol the Charities Act. My examination included a review of the accounting records kepl by the company and a comparison of the accounts presented wlh those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as company trustees concerning any such matters. My role is lo slate whether any material malters have come to my attention giving me cause to believe,, that accounting records were not kept in accordance section 386 of the Companies Act 2006.. that the ae¢ount$ do It accord with those accounting records., that the accounts do not comply smth the accounling requirements of section 396 of the Companies Act 2006 and wlh the methods and principles of the Charities Slemenl of R0MMended Practice applicable to charities preparing their accounts in accordan wlh the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021., that there is further information needed for a proper understsnding of the accounts lo be reached. Indepgndgnt gxamlngr'¥ $tatsm¥nt I have Completed my examination and have no con¢ems in respect of the matters11110 {41 listed above and, in connection wlh followng the Direebons of the Chanty Commission foi Northem Iland, I have found no matters that require drawng lo your attention. This report is made solely to the companys Trustees. as a body, in accordance wilh seth'on 6513llal of the Charities Act (Northem Ireland) 2008 and regulations made under sects.on 66 of that Act. My work has been undertaken so that l rnighl stsle lo the company's Twslee5 those matters l am required t¢ slate lo them In an independent examiner's report and for no olheT purpose. To the fullest extent pemitted by law, I do not accept or assume responsibility to anyone other than Ihe company and the compan5 Trustees as a body, for my work or for this report. Signed. Date(1". 10 June 2026 Michael Fitch FCA Chartered Accountants Ireland UHY Hacker Young Fitch Limited Chartered Accountants Suite 2.06. Custom House Custom House Square Beffast BT13ET Page 7
TRANSFORMATIONS IRELAND LIMITED IA Company limitsd by guarants¢l STATEMENT OF FINANCIAL ACTIVITIES IINCORPORATING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 DECEMBER 2025 Unrestricted funds 2025 Total funds 2025 Total funds 2024 Nots Income from: Donations and legacies Other income 3,981 47 3.981 47 9,651 62 Totsl In¢om• 4,028 4,028 9, 713 Expendlture on: Charitable activ.e$ 4,798 4,798 9,647 Total •xponditur• 4,798 4.798 9,647 Not movement Sn funds 17701 17701 66 R8conclllatlon of fund$: Total funds brought forward Nel movement in funds 2,795 {7701 2,795 17701 2, 729 66 Total funds carrl•d fopward 2,025 2,025 2, 795 The Statement of financial lcts'vities includes all gains and 105ses recognised in the year. The notes on pages 10 to 17 fom part of these financial statements. Page 8
TRANSFORMATIONS IRELAND LIMITED IA company limitsd by guarantstrl REGISTERED NUMBER: NIOS3206 BALANCE SHEET AS AT 31 DECEMBER 2025 2025 2024 Molo Fixed assets Currènt assets Cash at bank and in hand 3.062 3, 786 3,062 3. 786 Currnnt liabilities Credilor5.' amounts falling due wthin one year {1.0371 (991? Not current assets 2,025 2, 795 Total ass•t81è88 currnnt Ilabllltlè# 2,02S 2, 795 Not a$8ols •xcludlng penslon assot 2,025 2, 795 Total not assot 2,02S 2, 795 Charity fund$ Reslricled funds Unrestricted funds 11 2,025 2, 795 Total lund$ 2,025 2, 795 The Company was entided lo exemption from audit under secb.on 477 of the Companies Act 2006. The members have not Tequired the Company to ¢)btain an audit for Ihe year in quests'on in accordance wlh section 476 of Companies Act 2006. The Trustee5 acknovledge their responsibilitie3 for complying the requirement5 of the Act wth respect lo accounting records and preparation of financial stslements. The financial statements have been prepared in accordance the provisions applicable to entities subject to the small companies regime. The financial stslements were approved and authowise(J for issue by the Trustees on 10 June 2026 and signed on their behalf by". Margaret Clarke (Trusleel The notes on pages 10 to 17 fomi part of these ffinancial statements. Page 9
TRANSFORMATIONS IRELAND LIMITED IA Company limitsd by guarants¢l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 General inforniation Transformations Ireland Mited is a charrtable company limited by guarantee and is in¢orporaled and registered in Northern Ireland under registratson number NIO53206. The company is a registered charity th the Nl Charities Commission under number NIC102856 and HMRC under reference number XR84067. The company's registered office is srtuale(l al Suite 2.06, Custom House, Custom House Square. BT1 3ET. The principal ath'vity of the charitable company is Ihe advancement of religion through the organisation of prayer event5. Accounting policigs 2.1 Bas1$ of pr•paratlon of flnanclal st•t¢m•nts The financial slalemenls have been prepared in accordance the Charities SORP IFRS 1021 Accounting and Reporting by Charrties.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance wth the Financial Reportin9 Standard applicable in the UK and Republic ol Ireland IFRS 1021 leffeclive 1 January 20191. the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 and the Companies Act 2006. Translomialions Ireland Limited meets the definition of a public benefi't entity under FRS 102. Assets and liabilities are initially recognised at hi$tori¢al w$1 or transa¢tion value unless otherwise Ststed in the relevant accounts'n9 policy. 2.2 Golng concèm The financial $tatemenl$ have been prepareil ¢)n Ihe going concem basis. 2.3 Income All income is recognised once the Company has entitlement lo the income. il 1$ probable that the income 11 be received and the amount of income receivable can be measured reliably. Income tax recoverable in relation to donations received under Gift Aid or deeds ol covenant is recognised al the lime of the donation. Other income is recognised in the penc4Y in which rt 1$ rtteivable and to the extent the goods have been provided or ¢)n completion of the service. Page 10
TRANSFORMATIONS IRELAND LIMITED IA Company limitsd by guarants¢l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Accounng poll¢l•s {¢ontlnu•d} 2.4 Expenditure Expenditure is recognise<l once there is a legal or construclive obligation to transfer economic benefit to a third paty, it is probable that a transfer ol economic benefits wll be required in settlement and the amount ol the obligation can be measured reliably. Expenditure is classified by activity. The costs ol each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct cos15 attnbutable lo a single activity are allocated directly lo that acliv1ty. Shared costs which contribute lo more than one activity and support costs which are not attributable lo a single activity are apportioned betn those activities on a basis consislenl with the use of resources. Central stsff Costs are allo¢aled on the basis ol tsme Spent, and depre¢iation charges allocated on the portion of the asset's use. Expenditure on charrtable a¢b"vths is incurred on dire¢lly undertaking the a¢livf(ies vthich further thè Companls obieclives. as well as any associated support costs. All expen¢Jilure is inclusive of irrecoverable VAT. 2.5 Cash at bank and In hand Cash at bank and in hand indudes cash and short-lemi highly liquid investments wrth a short maturity ol three months or less from the dale of acquisition or opening of the deposit or similar account. 2.6 Llabllbtl•8 and provl8lons Liabilities are recognised vknen there is an obligation at the balance sheet dale as a result of a past event. il is probable that a Iransler of economic benefit wll be required in settlement, and the amount ol the Settlement can be estsmated reliably. Liabilities are Tecognised at the amount thal the Company antscipates rt wll pay to settle the debt or the amount il has received as advanced payments for ihe goods or services Il must provide. 2.7 Flnanclal instruments The Company only has finan¢i?l assets and ffinan¢ial liabilities of a kind that qualffy as basic financial instruments. Basic financial instruments are initialty recognised at transaction value and subsequently measured at their settlement value wth the exception of bank loans vthich are subsequently measured al amortised cost using the effective intere51 method. 2.8 Fund a¢¢ountlng General funds are unrestricled funds Nthich are available for use at the discrth'on of the Trustees in furtherance of the general objeclives of the Company and which have not been designated for other purposes. Page 11
TRANSFORMATIONS IRELAND LIMITED IA Company limitsd by guarants¢l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Income from donations and legacies Unrnstrict8d funds 2025 Total funds 2025 Donations Gbft-aid income 3,288 693 3.288 693 Totsl 2025 3,981 3.981 Unrostricled funds 2024 Total funds 2024 Don8lion8 Gift-aid income 8. 729 922 8, 729 922 Total 2024 9,651 9,657 Other Incomlng resour¢ Unrnstrictod funds 2025 Total fund$ 2025 Bank interest 47 47 UnTrstrict8d funds 2024 Total funds 2024 Bank interest 62 62 Page 12
TRANSFORMATIONS IRELAND LIMITED IA Company limitsd by guarants¢l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Analysis of expenditure on charitable activitie5 Summary by fund ty Unrestricted funds 2025 Total 2025 Or9anisation of Prayer events 4,798 4.798 UnTrstric18d funds 2024 Total 2024 Organisats'on of Prayer events 9,647 9,647 Anolysl8 of •xpgndlturg by a¢tlvlll•s Actlvltlos ndertaken dlrectly 2025 Support costs 2025 Total funds 2025 0r9anisats.on of Prayer events 2,200 2,598 4.798 A¢twit$ undertaken d1cl1Y 2024 Support costs 2024 Total funds 2024 Organisats'on of Prayer events 6,591 3,057 9,648 Analysis of diroct costs Page 13
TRANSFORMATIONS IRELAND LIMITED IA Company limitsd by guarants¢l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Analysis of expenditure by activities Icontinuedl Analy$i$ of diro¢t ¢o$ts 1¢ontindI Total funds 2025 Total funds 2024 Event costs 950 3, 141 30 3.080 340 Materials Gifts Catering expenses 200 1.050 2,200 6,597 Analysls of support costs Total fund¥ 2025 Total funds 2024 Depreciats'on Website costs Sundry expenses Printing. postsge & slalionery Telephone Insurance Bank charges Accountsncy fees 292 408 34 408 600 279 $04 720 297 35 1.042 44 992 2.598 3,057 Independont oxaminor's romuneration 2025 2024 Fees payable to the Company's independent examiner for the independent examination of the Company's annual accounts 1.042 992 Tw$t¢es' remuneratlon and expenses During the year. no Trustees received any remuneration or other benefits (2024- £NIL). Page 14
TRANSFORMATIONS IRELAND LIMITED IA Company limitsd by guarants¢l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Trustees. remuneration and expenses Icontinuedl During the year ended 31 December 2025. expenses totslling £1.226 were reimbursed lo 1 Trustee (2024 - £1.589 10 l Trustee). Creditors: Amounts falling due within one year 202S 2024 Accruals and deferred income 1.037 997 10. Flnanclal Instruments 2025 2024 Flnanclal a$8•ts Financial assets measured al fair value through income and expenditure 3,062 3, 786 Financial assets measured al fair value Ihr¢yJgh income and expenditure comprise cash and cash equivalents. Page 15
TRANSFORMATIONS IRELAND LIMITED IA Company limitsd by guarants¢l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 11. Statement of funds ststgm•nt of fund$ - ¢urrgnt ygar Balance at 31 December 2025 Balance at 1 January 2025 Incomo Exp•ndltur• Unrestrict•d funds General Funds 2.795 4.028 14.7981 2.025 Slatoment of funds - prlor 88lanc8 81 37 December 2024 Bèlance at l January 2024 Income Expenditur& UnrKtrlct•d funds General Funds 2. 729 9, 713 (9.647) 2, 795 12. Summary of fund* Summary of funds- current year Balancg at 31 December 2025 Balance at 1 January 2025 Income Expenditur¥ General funds 2,79S 4,028 14,7981 2,025 Summary of funds- prioryear 8alanc8 at 31 December 2024 Balan¢e at l January 2024 Income Expenditure General funds 2. T29 9, 713 (9.64T) 2. 795 Page 16
TRANSFORMATIONS IRELAND LIMITED IA Company limitsd by guarants¢l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 13. Analysis of net assets betn funds Analy$i$ of not a$$ots botwvn funds- ¢urronl ar Unrestricted funds 2025 Total funds 2025 Current assets Creditors due wthin one year 3,062 11,037) 3.062 11.0371 Total 2,025 2.025 Analysis of not a8S•ts between funds- prfor year Unrestricl8d funds 2024 Total funds 2024 Current assets Creditors due wlhin one year 3, 786 (991? 3, 786 (997? Total 2, 795 2, 795 14. R•latod party transactions There vMe no related paty transactions during the year. 1S. Controlling party The ults'mate controlling party is the Board of Trustees. Page 17