Charity number: NIC103189
Company number: N1628205
Foyle Paronts & Friends Assoclatlon
(A company limited by guarantee)
Diroetors, report and flnanclal statements
for tho year ended 31 March 2025

Foyle Parents & Friends Association
(A company limited by guarantee)
Contents
Page
Legal and administrative information
Directors, report
Independent Auditors, report
Statement of Financial Activities
10
Balance Sheet
11
Statement of Cashflows
12
Notes to the Financial Statements
13-21

Foyle Parents & Friends Association
(A company limited by guarantee)
Legal and administrative information
Directors
Mary Bell
Colmaii Callan
Jacqueline Garnon
Seanna Lynch
Yvonne McLaughlin
Jillian Latimer (Appointed l 8th March 2025)
Paul O'Hagan (Appointed 18th March 2025)
Secretary
Seanna Lynch
Registered office
22 Bishop Street
Derry
BT48 6PP
Company number
N1628205
Charity numb¢r
NIC103189
XR28820
Auditors
McGroarty M¢Caffety & Company
Accountants & Registered Auditors
2 Carlisle Terrace
Derry
BT48 6JX
Bankers
Bank Of Ireland
27 Culinore Road
Derry
BT48 8JB
AIB (NI)
Meadowbank
Strand Road
Derry
BT48 7TH
Solicitors
Hassan & Co Solicitots
39-41 Clarendon Street
Derry
BT48 9XJ
Page I

Foyle Parents & Friends Association
(A company limited by guarantee)
Directors Report for the year ended 31 March 2025
The directors present tlieir annual report and the audited financial statements for the year ended 31 March 2025.
Objcctlvcs and activities
Foyle Parents & Friends Association offers respite facilities for parentslcarers by means of providing activities
and support for children aiid adults with physicalllearniiig disabilities. Foyle Parents & Friends Association aiin
to promote an enhanced knowledge and understanding of the range of support services available and how to
acces5 tliem.
Foyle Parents and Friends Association aim for an improved quality of life for the family members/carers of
people with a physical andlor leaming or sensory disability and a reduction in stress and a greater sense of hope.
Directors And their interests
The directors of the charity for the purposes of charity law and who served during the year were as follows:
Mary Bell
Seanna Lynch
Paul O'Hagan (Appointed 18th March 2025)
Colman Callan
Yvonne McLaughlin
Ja¢qu¢lin¢ Garnon
Jillian Latimer (Appointed 18th March 2025)
Structure¥ governance and management
Govemin
ent
Foyle Parents & Friends Association is a charitable company, limited with guaraiitee with no share ¢apital and
its governing document is its Meinorandum and Articles of Association. Its charitable statuse is recognised by
HM R¢venue & Custoins and The Charities Commission of Nortliern Ir¢land.
anisational
ur¢/R¢cruitment and A
f t
e Board of Directors
Foyle Parents & Friends Association was established in 1963 to provid¢ services and 5UPPOrt to people with
physicallleaming disabilities. The charitable company is managed by directors who meet regularly to review
activities and plan for future projects. New directors and nominated by current trustees. All of the directors due
to tlieir experience and backgrounds are already fainilair with the work of the charity.
Risk Mana
ement
The directors have a risk management strategy which consists of establishing a system of identifying risks aiid
mitigating such risks. Internal control risks are minimised by the implementation of procedures for authorisation
of all transactions and projects.
Financial Review
Budgetary controls and constant reviews of all expenditure coiitinue to be iinplemented this period and have not
liiiidered business of Foyle Parents & Friends Association in achieving their primary purpose. Controls taken at
the Inanageincnt level will continue to tlie coining financial year with continous monitoring throughout.
The financial accounts show a surplus of £280,667 with reserves of £1,293,983.
The directors have agreed that a designated fund should reflect the amount in the Business Reserve Account. At
the 31 st March 2025 tliis balance ivas £428,790. This designated fund will cover any future capital purchases or
cover any operational costs in the event of withdrawal or gap in funding. Included in restricted funds is £50,000
set aside in the event of any redundancy payments having to be made. The directors will review these amounts
annually.
Page 2

Foyle Parents & Friends Association
(A company limited by guarantee)
Activity Report 2024125 - A¢hiev¢ments and Performanees
Tlirough funding and donations, Foyle Parents & Friends Association have continued to provide activities and
programmes, along witli assisting other groups to benefit the local community. Tlie directors are satisfied with
tlie performance and r¢sult5 of the charitable coinpany during the year.
- Summer Scheme
The summer sclieme ran for 3 weeks at 5 days a week from 15th July 2024 to 2nd August 2024. Tlie summer
scheme received 151 aplications and supported a total of 120 families and averaged 40 children per day. Tlie
suminer sclieme provided 2,440 liours of respite for parents and carers. Tliere was 24 staff and 19 volui)teers
involved in the suiriner scheme. l 00% of parents rated the summer scheme five stars.
Tuned In Project
The Association continues to deliver day opportunities for adults with leaming disabilities, identified tlirough tlie
Westem Health and Social Care Trust. Funding is secured both directly from the Trust and through self-directed
payineiits. Tli¢ programine is designed to support personal growih and development tlirougli a wide range of
activities, including digital and traditional arts, music, medi£4 sport, soeial events, cookery, and life skills.
Operating five days a week, the service is staffed to accommodate over 40 placements daily. In 202412025, tlie
project supported approximately 71 individuals, filling around 225 of the available 250 weekly placements. Iii
addition, tlie project now runs a Monday and Thursday Night Social Club for participanls. These Social Clubs
are supported by 3 staff members and 3 volunteers and include men's, women's, and Pride social group5.
Monday evenings are open to all individuals with disabilities, while Thursday niglits are dedicated to current
Tuned In Project students. Every two years, the project organis¢s a group trip. In 2024, 35 students ¢njoyed an
unforgettable few days in Disneyland Paris and the city of Paris itself.
Lcarning Di5%bility Centres
The Association continues to provide financial support to several Western Trust run learning disability facilities
in Derry such as Maybrook ATC, Oaktree Centre, Valley Centre, Sow and Grow, Evergreen Centres and Lilliput
Tlieatre, Rossville Group and Berries Centre. The Association provided over last financial year support for
Cliristmas, Easter gifts, Leaming Disability Week events, and provision of an outdoor Gazebo.
- Carers, Support
The Associatioii continue to provide welfare support, advice and infomiation for parent's and carers throughout
tlie year, on 6 December 2024, we took parents and carers to Belfast on a shopping trip aiid Christmas Dinner in
Walsli's Hotel, Magliera. Funding was partially funded by WHSCT, a grant of £500 was allocated to the Carers
trip.
Plans for Future Periods
Foyle Parents & Friends Association plan to continue the activities outlined above in the coming years. Foyle
Parents & Friends Association plan to purchase a site in the near future, aspiring to build a new Tuned in Project
oivned by the Association in the next 3 to 5 years.
Page 3

Foyle Parents & Friends Association
(A company limited by guarantee)
Dir¢ctors Responsibilities in Relation to The Financial Statements
Tlie directors are responsible for preparing the Annual Report and the financial statements in accordan¢e with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice). Company law requires the directors to prepare financial statemeiits for each financial year. Under
coinpany law tlie directors must not approve the financial statements unless they are satisfied that they give a
true and fair view of the state of affairs of the charitable company and of the incoming resources and application
of resouKes, including the income and expenditure, of tlie charitable company for that period. In preparing these
financial stateinents, the directors are required to:
select suitable accounting policies and apply thein consistently;
observe the methods and principles in ilie Charities SORP 2019 (FRS 102).
make judgements and estimates that are reasonable and prudent;
state whether applicable UK and Accounting Standards have been followed; subject to any material departure5
disclosed and explained in tlie financial statements.
prepare the financial statements on tlie going concern basis unless it is inappropriate to presume tliat the charity
will continu¢ in business.
The Board is responsible for maintaining proper accounting records tliat are sufficient to show and explain the
charity's transactions and disclose with reasonable accuracy at any time the financial position of the cliaritable
coinpany aiid to enable them to ensure that the financial statements comply with Coinpanies Act 2006. The
Board is also responsible for safeguarding the assets of the charitable company and hence for taking reasonable
steps for the prevention and detection of fraud and other irregulariti¢s.
Statement of dlsclosure of information to audltors
We, the directors of the company who held office at the date of approval of these Financial Statements, as set out
above, each confirin so far as we are aware, tliat:
There is no relevant audit information of which the company's auditors are unaware; and as the directors of the
compaiiy we have taken all steps we ought to have taken in order to make ourselves aware of any relevant audit
information and to establish tliat tlie charity's auditors are aware of that infonnation.
Auditor's-
McGroaty Mccafferty & Company are deemed to be reappointed in accordance witli Section 487 (2) of the
Companies Act 2006.
Tliis report is prepared in accordance with tli¢ special provisions of Part 15 of the Companies Act 2006 relating
to sinall companies.
The financial statements are approved and authorised for issue by the Board of Directors on I l August 2025 and
signed on it's belialf by.
Director
Director
Page 4
LqNctl
Ly ÉGLL

Foyle Parents & Friends Association
{A company limited by guarantee)
Independent auditor's report to the directors of Foyle Parents & Friends Association
Opinion
We have audited the financial statements of Foyle Parents & Friends Association for tli¢ year ended 31 March
2025 which comprise the Stateinent of Financial Activities, the Balance Sheet, tlie Cashflow Statement and the
related notes. The financial reporting framework that has been applied in their preparation is applicable law and
United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including
FRS 102 The Finaiicial Reporting Standard applicable in the UK and Republic of Ireland
This report is made solely to the charitable coinpany's directors, as a bodyg in accordance with Cliapter 3 of Part
16 of tlie Companies Act 2006. Our audit work has been undertaken so that we might state to tlie cliaritable
conipany's directors tliose matters we are required to state to them in an auditorfs report and for no other purpose.
To tlie fullest extent pennitted by law, we do not accept or assume responsibility to anyone other than the
charitable coinpany and tlie cliaritable coinpany's directors as a body> for our audit work, for this report, or for tlie
opiiiions we liave formed.
In our opinion tlie financial statements:
give a true and fair view of the state of the charitable company's affairs as at 31 March 2025, and of its
incoining resources and expenditure of resources, including its income and expenditure, for the year then ended.
have been properly prepared in accordance witli United Kingdom Generally Accepted Accounting Practice.
and
have been prepared in accordanre with the requirements of the Companies Act 2006.
Basls for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and
applicable law. Our responsibilities under tliose standards are further described in the Auditor's responsibilities
for the audit of tlie financial statements section of our report. We are independent of tlie cliaritable company in
accordance with the ethical requirements that are relevant to our audit of the financial statements in tlie UK,
including the FRC'S Etliical Standard, and we have fulfilled our other ethical responsibilities in accordance with
these requirements. We believe that the audit evideijce we have obtained is sufficient and appropriate to provide
a basis for our opinion.
Concluslons relatlng to golng Concern
In auditing the financial statements, we have concluded that the directors, use of tlie going concern basis of
accounting in the preparation of the financial staleinents is appropriate.
Based on the work we Iiave perfomied, we liave not identifIed any material uncertainties relating to events or
conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to
continue as a going concern for a period of at least twelve months from when the financial statements are
authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the
relevant sections of this report.
Page 5

Foyle Parents & Friends Association
(A company limited by guarantee)
Other information
Tlie directors are responsible for tlie other infonnation. Th¢ other inforniation compris¢s th¢ infomiation
included in the directors, annual r¢port. otli¢r tlian ihe financial statements and our auditor's report th¢r¢on. Tlie
directors are responsible for other infom)ation. Our opinion on the financial stateEnents does not cover other
inforniation and, except to the extent otherwise explicitly stated in our report, we do not ¢xpress any fonn of
assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other infomiation and, in
doing so, consider whether the otlier infonnation is materially inconsistent with the financial statements or our
knowledge obtained in the audit or otlierwise appears to be materially misstated. If we identify such material
inconsistencies or apparent material misstateinents, we are required to determine wlietlier there is a Inaterial
misstateillent in tlie financial statements or a material misstatement of the other information. If, based on tlie
work we liave perforined, we conclude tliat there is a material misstatement of tliis otlier information, we are
required to report that fact.
We Iiave notliing to report in this regard.
Opinion on other matters preseribed by the CompAnles Act 2006
In our opinion based on the work undertaken in the course of the audit:
the inforniation given in the Directors, Annual Report for tlie financial year for ivhich the financial stateinents
are prepared is consistent with the finanfjial statements; and
tlie Directors Aniiual Report lias been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the liglit of our knowledge and understanding of the cliaritable company and its environment obtained in the
course of the audit, we have not identified material misstateinents in the Directors Annual Report.
We have notliing to report in respect of the following matters where the Companies Act 2006 requires us to
report to you if, in our opinion..
adequate accounting records have not been kept. or
the financial statements are not iii agreement with the accounting records and returns; or
certaiii disclosu￿S of directors, remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit; or
the directors were not entitled to prepare tlie financial statements in accordance with the sinall companies
regime and take advantage of the small companies exemption from the requirement to prepare a strategic report.
Page 6

Foyle Parents & Friends Association
(A company limited by guarantee)
Responsibilities of the dire¢tors
As explained more fully in the Directors, R¢sponsibiliti¢s Stat¢m¢nt s¢t out on pagc 4, the dir¢¢tors (wlio are also
th¢ directors of the charitable company for the purpos¢$ of coinpany law) are r¢sponsible for the preparation of
the financial stateinents and for being satisfied that they give a true and fair view, and for such internal control as
the directors detemiine is necessary to enable the preparation of financial statements that are free from material
misstateinent, whether due to fraud or error.
In preparing the financial statements, the directors are responsible for assessing the charitable coinpany's ability to
contiiiue as a going concern, disclosing, as applicable, matters related to going concern and using the going
coiicern basis of accounting unless the directors either intend to liquidate the charitable company or to cease
operations, or liave no realistic alternative but to do so.
Auditor's responslbllltles for tbe audlt of the flDanclal statcmonts
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free froin
material misstateinent, whether due to fraud or error, and to issue an auditor's report that includes our opinion.
Reasonable assurance is a high level of agsuran¢e, but is not a guarantee that an audit conducted in accordance
witll ISAS (UK) will always detect a material misstatement wlien it exists. Misstatements can arise from fraud or
error and are considered material if, individually or in the aggregate, tliey could reasonably be expected to
influence the economic decisions of users taken on the basis of tliese financial statements.
Explthnation xs to what extent the audit was considered ¢apable of detecting irregulllrities, Including
Irr¢gularities, including fraud, are instanc¢s of non-compliance ivith laws and regulations. We design procedures
in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities.
including fraud. l-lowever, the primary responsibility for the pKvention and detection of fraud lies with
management and the board of directors of the charitable company.
Identifying and assessing potential risks related to irregularltles
In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and
non-compliance with laws and regulations, we considered the following:
tlie nature of tlie industry, sector and the specific control environment which it operates in;
the charities own assessinent of the risks that irregularities may occur, either as a result of fraud or error.
representatioiis and results from our enquiries with munagement and the Board of Directors regarding their own
identificatioii and assessment of tlie risks of irregularities.
enquiries of management relating to accounting estimates measurements, recognition criteria and justification of
such amounts;
any matters we have identified Iiaving obtained and reviewed the Charities policies and procedures relating to;
* identifying and assessing if laws and regulatioiis are coinpliant and whether tliey are aware of any instances of
non-compliance.
* detection and response to the risk of fraud and whether they are aware of any actual, suspected or alleged fraud
instances.
* the internal controls designed to mitigate risks or fraud or non-compliance with laws and regulations, and to
minimise risk of management overrides of such controls.
Page 7

Foyle Parents & Frllends Association
(A company Iimited by guarantee)
all matters discussed among the audit engagement team regarding hoiv and where fraud could occur and the
potential indicators of fraud.
As a result of these procedures. we considered the opportunities and incentives that may exist within th¢ cliarity
for fraud. The audit iiicluded assessing the procedures and evaluating the measurement of estimations. In
common with all audits under ISAS (UK), we are also required to perforin specific procedures to respond to tlie
risk of management override.
We also obtained an understanding of the legal and regulatory frameworks applicable to the cliarity and
considered that the Inost significant are the Companies Act 2006, SORP 2019 (FRS 102) and Charities Act
(Nortlierii Ireland) 2008.
Audit responses to rlsks Idcntified
Our procedures to respond to risks identified included the following:
reviewing the financial stateinent disc105ures, testing the relevant documentation to assess compliance witli tlie
significant laws and regulations - tliose described as having a direct effect on the financial statements;
enquiring with management and obtaining third party ¢onfim]ation from the Charitie5 Solicitors reglarding any
actual or potential litigation aiid claims.
performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of
material misstateinent due to fraud:
r¢ading minutes of board and management meetings, examine forecasting material in line with actual
performance, identifying any potential fraud indicators or instances;
reviewing Coinpanies Hous¢ and Charity Commission Nortli¢rn Ir¢land correspondence, identify any late
submissions or omissions of mandatory information;
review ¢orr¢spondcnce witli HMRC, identifying non compliance of specific infonnation to be disclosed.
in addressing tlie risk of fraud througli manageinent override of controls, testing tlie appropriateness of data
entries and adjustments; assessing wli¢tli¢r tlie judgements made in making accounting estimates are indicative of
a potential bias. and evaluating tlie rationale of any significant transactions that are unusual or outside tlie iiormal
course of the charities objectives.
We also cominunicated ￿levant identified laws and regulations and potential fraud risks to all engagement team
Ineinbers and remained alert to any indications of fraud or noncompliance with laws and regulations tliroughout
tlie audit.
As part of an audit in accordance witli ISAS (UK), we exercise professional judgment and maintain professional
scepticisin tliroughout the audit. We also:
Identify and assess tlie risks of material misstatement of the financial statements, whcther due to fraud or error,
design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and
appropriate to provide a basis for our opinion. The risk of not detecting a material Inisstatement resulting froin
fraud is higher than for oiie resulting from error, as fraud may involve collusion, forgery, intentional omissions,
misrepresentations, or the ovcrridt of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are
appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the
charitable company's intemal control.
Page 8

Foyle Parents & Friends Association
(A company limitcd by guarantee)
Evaluate the appropriateness of accounting policies used and tlie reasonableness of accounting estimates and
related disclosures made by the directors.
Conclude on the appropriateness of the directors, use of the going conceni basis of accounting and, based on tlie
audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast
significant doubt on tlie charitable company's ability to continue as a going concern. If we conclude that a
material uncertainty exists, we are required to draw attention in our auditor's report to tlie related disclosures in
the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based
on tlie audit evidence obtained up to tlie date of the auditorfs report. However, future events or conditions Inay
cause the charitable company to cease to continue as a going concern.
-Evaluate the overall presentation, Structure and conteiit of the financial statements, including the disclosures, and
whetlier the financial stateinents represent the underlying transactions and events in a Inanner that acliieves fair
presentation.
We commuiiicate witli those charged with governance regarding, among other matters, the planned scope and
timing of Ilie audit and significant audit findings, including any significant deficiencies in internal control that we
identify during our audit.
Patrick Mc
Senior Statutory Auditor
for and on behAlf of
McGro8rty McC#fferty & CompAny
Statutory Audltor
2 Carlisle Torrace
Derry
BT48 6JX
roar
Date: 11 August 2025
Page 9

Foyle Parents & Friends Association
(A company limited by guarantee)
Statemcnt of Financial Activities
for the yoar ended 31 Mar¢h 2025
Unrestricted Rcstrietcd Designated
Funds
Funds
Funds
2025
2024
Income and Ei xpendlture
Incoming Resources
Grants & Sundry Income
Bank interest
13,432
6,826
973,667
987,099
6,826
844,199
2,029
Total Incoming Resources
20,258
973,667
993,925
846,228
Rcsourees Expended
Management & Administration
Governance Costs
41,424
665,234
6,600
706,658
6,600
658,515
6,600
Total Resources li xpended
41,424
671.834
713,258
665,115
Net Incomlng l (Outgoing) Resources I I
(21,166)
301,833
280,667
181 113
Balances brought forward l April 2024
596,712
194,570
222,034 1,013,316
832,203
575,546
496,403
222,034 1,293,983 1,013,316
Traiisfer between funds
102,743
(309,499)
206,756
Balances carried forward 31 Marcli 2025
678,289
186,904
428,790 1,293,983 1,013,316
All of the above amounts relate to continuing activities.
There are no recognised gains and losses other than those included in the results above and therefore no
separate statement of total recognised gains and losses has been presented. There is no differeiice
between the net incoming resources for the year stated above and their liistorical cost equivalents.
Page 10

Foyle Parents & Friends Association
(A company limited by guarantee)
Balance sheet
as At 31 March 2025
2025
2024
Notes
Fixod assets
Taiigible assets
251,904
282,969
Current asscts
Debtors
Cash at bank and in haiid
89,899
978,034
93,991
667,369
1,067,933
761,360
Current liabllltles
Bank loans and overdrafts
Otlier creditors
Accruals
2,786
10,000
13.068
1,204
5,226
24,583
25,854
31,013
Net current assets
1,042.079
730,347
Total thssels less current
li&bilitios
1,293,983
1,013,316
Financed By
Unrestricted Funds
Restricted Funds
Designated funds
10
10
12
678,289
186,904
428,790
596,712
194,570
222,034
1,293,983
1,013,316
These account5 liave been prepared in accordance with the special provisions of Part 15 of the Companies Act
2006 aiid tl)e Cliarities SORP 2019 (FRS 102).
Tlie Financial Statements were approved and autliorised for issue by the board on I l August 2025 and signed
on its behalf by
Dircctor
Direc
L4 Nlkl
MRL_4 ÉÉLL
Company Number: N1628205
Page 11

Foyle Parents & Friends Association
(A company limited by guarantee)
Statement of Cash flows
as at 31 March 2025
Note
2025
2024
Oporatlng Actlvltles
Net incoming l (outgoing) resources for the year
(Increase)/ decrease debtors
(Decre&se) l increase in creditors
Otlier interest and similar income
Fair value adjustinent of investment propety
Depreciation and impainnent
280,667
4,091
(5,157)
(6.826)
(4,600)
37,331
181,113
(28,706)
9,402
(2,029)
38,715
Nct cash Inflow from operating activities
305,506
198,495
Financing Aetiviti¢$
Capital expenditure
Iiiterest received
(1,667)
6,826
(32,650)
2,029
Increase in cash in the year
310,665
167,873
Reconciliation of net cash flow to movement In net funds
Increase in cash in the year
Net funds at l Aprll 2024
310,665
667,369
167,873
499,496
Net funds at 31 March 2025
978,034
667,369
Page 12

Foyle Parents & Friends Association
Notes to the accounts
for the year ended 31 March 2025
Gcneral information
The charity is a private limited company by guarantee, registered in Northern Ireland and a registered
¢liarity in Northern Ireland. The address of the registered office is 22 Bishop Street, Derry, B T48 6PP.
The coiiipany is a registered cliarity witli tlie Charity Commission Northern Ireland with effect froin
14th December 2015.
Accounting convention
The priiicipal accouiiting policies adopted in the preparation of the financial statements are set out
below and have remained unchanged from the previous year, and also have been consistently applied
within the same accounts.
The charity constitutes a public benefit entity as defined by FRSI 02. The financial statements have
beeii prepared in accordance with the accounting policies set out in notes to the accounts aiid comply
witli the cliarity's goveriiiiig docuinent, the Charities Act (Northern Ireland) 2008 and Accountiiig and
Reporting by Charities: StateInent of Recommended Practice applicable to charities prepariiig their
accounts in accordance with the Financial Reporting Standard applicable in tlie UK and Republic of
Ireland published in October 2019 (SORP 2019) and the Companies Act 2006.
The financial statements are prepared on a going concern basis under tlie Iiistorical cost convention,
modified to included certain iteins at fair value. Tlie financial statements are presented in sterling
wliich is tlie functioiial currency of the cliarity.
Incoming resources
All incoming resources are included in the SOFA when th¢ charity is legally entitled to the income aiid
th¢ amount can b¢ qualifi¢d witli reasonable accuracy. Tlie following specific policies are applied to
particular categories of income:
Voluntary income is received by way of grants, donations and gifts and is included in full in the
statement of financial activities when receivable. Grants wliere entitlement is not conditional on the
delivery of a specific perfonnance by the charity, are recognised when the charity becoines
unconditionally entitled to the grant.
Donated services and facilities are included at the value to the charity where this can be quantified. The
value of services provided by volunteers has not been included.
Gifts donated for resale are included as incoming resources within activities for generating funds when
they are sold.
1.3. Resources expended
All expenditure is accounted for on an accruals basis as a liability IS incurred and has been classified
under headings that aggregate all costs related to the category.
Charitable expenditure coinprises those costs incurred by the cliarity in the delivery of its activities and
services for its beneficiaries. It includes botli costs that can be allocated directly to such activities and
tliose costs of an indirect nature necessary to support them.
Page 13

Foyle Parents & Friends Association
Notes to the accounts
for the year ended 31 March 2025
1.4. Fund accounting
Unrestricted funds are available for use at the discretion of the directors in furtherance of tlie general
objectives of the charity and which have not been designated for other purposes.
Restricted funds which are to be used in accordance with tlie specific restrictions iinposed by donors or
wliich have been raised by the charity for particular purposes. The costs of raising and administering
such funds are cliarged against the specific fund.
Designated funds are uiirestricted funds eannarked by tlie Board of Directors for particular purposes.
1.5. Tangible fixed assets and dcpreciation
Land and buildings are stated at cost less depreciation
Investinent property is stated at the revalued amounL being its fair value at ilie dale of revaluation,
provided that fair value can be nieasured reliably. Investment propety is not depreciated.
Taiigible fixed assets classified under the headings equipment and motor vehicles are valued at cost less
depreciation.
Depreciation is provided at rates calculated to write off the cost or valuation less residual value of each
asset over its expected useful life, as follows:
Leasehold properties
Fixtures, fittiiig5
and equipnient
Motor vehicles
Straiglit Line over the life of the lease
20 % Straight Line
250/0 straiglit Line
1.6. Cash at bank
Cash at bank and Casli equivalents are stated at cost at the financial year end.
1.7. Taxation
Tlie company is a charity and is recognised as such by HM Revenue & Customs under the charity
reference XR28820. As a result, there is no liability to taxation on any of its income.
1.8. Debtors & creditors
Debtors and creditors with no stated interest rate and receivable or payable witliin one year are
recorded at transaction price. Any losses arising from impairment are recognised in expenditure.
1.9. Company status
The charity is a company limited by guarantee and does not llave a share capital.
1.10. Pension costs
Contributions to auto enrolment pension schemes are recognised as an expense in the period in wliich
the related service is provided.
1.11. Cash and cash equivalents
Cash and cash equivalents include cash at bank and deposits held in the company name.
Page 14

Foyle Parents & Friends Association
Notes to the accounts
for the year ended 31 March 2025
1.12. Going concei'n
The financial statements l)ave been prepared on a going concern basis as the directors believe that no
material uncertainties exist. The directors have considered the level of funds held and the expected level
of income and expenditure for 12 months from authorising these financial statements. The budgeted
income and expeiiditure is sufficient with tlie level of reserves for the charity to be able to continue as a
going concern.
1.13. Critical accounting estimates and Judgements
In application of the charity's accounting policies, the directors are required to Inake judgements,
estimates and assumptions about the carrying amount of assets and liabilities that are not readily
apparent froin other sources. The estimates and associated assumptions are based on historical
experience aiid otlier factors that are considered to be relevant. Actual results Inay differ from tliese
estimates.
The estiixates and uiiderlying assuinptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estiinate is revised where the revision affect on tliat
period, or in tlie period of the revision and future periods where the revision affects both current and
future periods.
Crants & other Income
2025
2024
Restricted Income - Charitable Activfitfies
WHSCT
Day Opportunities
Awards For All
Department of Health
Education Authority
FundraiSin￿d0nat1OnS restricted
500
903,910
10,000
744,669
i 0,000
4,049
755
54,069
59,257
973,667
813,542
Unrestrlcted Income- Charitable Activities
Rent receivable
Donations
Fundraisii)g unrestricted
Bank interest received
8,959
3,053
1,420
6,826
19,000
9,707
1,950
2,029
20,258
32,686
Total Income
993,925
846,228
Page IS

Foyle Parents & Friends Association
Notes to the accounts
for the year ended 31 March 2025
2.1 R¢sour¢¢s Expended - Charitable Activities
Unre$trioted
Funds
Rcstrictcd
Funds
Total
2025
Total
2024
Management & Admlnlstratlon
Wages & salaries
Staff peiision costs
Staff training
Insurance
Heat & light
Teleplioiie & internet
Repairs & maintenance
Postage, printing, stationery & small office equip
Day Opportunities
Motor, travel & accommodation
Legal & professional fees
Day Cei)tre
Carers Support
Bank cliarges
Marketing expenses
Cleaning and consumables
Rent
Coinputer costs
Subscriptions
Depreciation on investment propety
Depreciation of short l¢as¢hold
Depreciation fixtures &
fittings
Depreciation motor vehicles
Summer sclieme activities
Gain on revalutaion
Sundry
355,832
15,301
4,084
4,464
5,264
5,020
9,170
11,855
28,370
130,587
7,124
355,832
15,301
4,084
4,464
5,264
5,020
9,170
11,855
28,370
130,587
7,124
6,087
2,038
581
1,169
5,223
24,518
1,569
998
332,425
15,532
4,784
3,572
4,906
4,117
9,333
7,841
24,517
93,742
10,754
6,565
601
625
1,962
5,967
32,693
2,717
1,255
2,300
19,568
10,641
6,087
2,038
206
375
1,169
5,223
19,518
I,569
998
5,000
19,568
11,557
19,568
11,557
6,206
10,000
6,206
42,237
(4,600)
12,436
6,206
35,036
32,237
(4,600)
456
11,980
20,856
41,424
665,234
706,658
658,515
2.2 Governance Costs
Unrestricted
Funds
Res*ricted
Funds
Totxl
2025
2024
Auditors remuneration
6,600
6,600
6,600
Page 16

Foyle Parents & Friends Association
Notes to the accounts
for the year ended 31 March 2025
Net incomel expenditure for the year
2025
2024
Net incomel expenditure is stated after chargingj (crediting):
Revaluation gain on investment property
Depreciation and other amounts written off tangible assets
Auditors, remuneration
(4,600)
37,331
6,600
38,715
6,600
Auditor's remuneration
The auditor's remuiieration ainounts to an audit fee of £6,600 (2024 - £6,600).
Employecs
2025
2024
Wage5 and Salaries
Pension costs
355,832
15.301
332,425
15,532
371.133
347,957
No employees received emoluments of more than £60,000 (2024: None).
Tlie directors, neither received nor waived any einoluinents during the year (2024: None).
Number of employees
2025
Number
2024
Number
The average monthly numbers of einployees during tlie year, calculated on
the basis of full time equivalents, was as follows:
23
22
Taxation
As a charity, Foyle Parents & Friends Association is exempt from tax on incoine and gains falling
within section 505 of the Taxes Act 1988 or s256 of the Taxation of Chargeable Gains Act 1992 to tlie
extent that these are applied to its chargeable objects. Accordingly, no charges have arisen in tlie
charity.
Page 17

oyle Parents & Friends Association
Notes to the accounts
for the year ended 31 March 2025
Tangible asscts
Land and
Investment buildings
property loasehold EqulpmeDt
Motor
vehicles
Total
Cost
At l April 2024
Additions
115,000
195,682
56,612
1,667
39,191
406,485
1,667
At 31 March 2025
115,000
195,682
58,279
39,191
408,152
Depreciation
At l April 2024
Revaluation
Charge for tlie year
4,600
(4,600)
73,645
24,699
20,573
123,517
(4,600)
37,331
19,568
11,557
6,206
At 31 Marcli 2025
93,213
36,256
26,779
156,248
Net book values
At 31 March 2025
115,000
102,469
22,023
12,412
251,904
At 31 March 2024
110,400
122,037
31,913
18,618
282,969
Investment property includes premises at RichInond Hall. Eden Terrace, D¢ny, BT48 ODH. The charity
received rental income of £8,959. This is included in note 2 as rental income. In August 2024 tlie
property had becoine vacant. The Board of Directors are confident that a new tenant will be found in the
near future.
Investinent property is stated at fair value - tlie directors agreed a valuation of £115,000 at 31 March
2025. A revaluation gain of £4,600 is recognised in the Statement of Financial Activities.
Debtors
2025
2024
Trade debtors
Other debtors
Prepayments
82,645
194
7,060
81.283
10,874
1,834
89,899
93,991
Page 18

Foyle Parents & Friends Association
Notes to the accounts
for the year ended 31 March 2025
Creditors: amounts falling due
Ivithin one year
2025
2024
Taxes and social security creditor
Bank loans and overdrafts
Deferred income
Accruals
5.226
1,204
2,786
10,000
13,068
24,583
25,854
31,013
10.
Analysis of net assots between funds
UDrestricted Restricted Designated
funds
funds
funds
Total
funds
Fund bnlAnces at 31 March 2025 as represented by:
Tangible fixed assets
Investment Property
Current assets
Current liabilities
136,904
136,904
115,000
428,790 1,067,933
(25,854)
115.000
586,129
(22,840)
53,014
(3,014)
Total fund$
678,289
186.904
428,790 1,293,983
11.
Movements in Funds
At
l Aprfil Incomlng Outgolng
2024 resources
resources
At
31 Mxrch
2025
Transfer
Restrictcd funds:
Total restricted funds
194,570 973,667 (671,834) (309,499)
186,904
Unrostricted funds:
General funds
596,712
20,258
(41,424)
102,743
678,289
Designated funds
Total funds
222,034
206,756
428,790
1,013,316 993,925 (713,258)
1,293,983
Surplus generated from the WHSCT contract used to provide support and Day
Opportunities is transferred to unrestricted funds at the end of each financial period.
12. Designated Funds
The designated fund has been set up to ensure that there is adequate funds for potential capital
expenditure or to cover operating costs of the company in the event there is a withdrawal or gap in
fundiiig in the future. In the current financial year the designated funds total £428,790.
Page 19

Foyle Parents & Friends Association
Notes to the accounts
for the year ended 31 March 2025
13.
Cash and Cash Equivalcnts
Opelllng balance
Cashflows Closlng balance
Cash at bank and in hand
667,369
167,873
978,034
14.
Related Party Transactlons
There were no related party transactions in the period under review.
15.
Limited by Guarantee
The coinpany is limited by guarantee and does not have a share capital.
Every Inember of tlie coillpany undertakes to contribute such ainount as may be required not
exceeding £1 to the assets of the charitable coinpany in the event of its being wound up while he or
slie is a member, or within one year after he or sl)e ceases to be a member.
16.
Controlling Interest
Controlling interest rests with tlie Board of Directors.
17. Post Balance Sheet Events
No significant events have taken place since the year end tliat would result in adjustinents to 2025
finaiicial information or inclusion of a note thereto.
Page 20

Foyle Parents & Friends Association
Notes to the accounts
for the year ended 31 March 2025
18.
FinancelReserves Policy
Foyle Parents & Friends Association is committed to organisational financial sustainability and the
generation of financial reserves to ensure the future of the organisation.
Reserves provide tlie organisation with adequate financial stability and the means for it to meet its
objectives for tlie future. In addition, sufficient reserves are essential to enable Foyle Parents & friends
Association to meet it's short, medium and longer tem] strategic objectives. These strategic objectives
also include any potential capital expansion plans, capital investment including ongoing refurbishment
and strategic programme developinent.
Foyle Parents & Friends Association will use all of its financial resources for the work of tlie
organisation as it seeks to fulfill its mission.
Tlie board recognise their responsibility for the control of tlie financial resources of the organisatioii.
The project manager manage5 the approved budget on a daily basis and seeks direction froin the board
as reiuired.
Tlie organisation will aim to hold ali equivalent of six months operational costs in reserve.
Page 21