Foyle Deaf Association
Statement of Financial Activitie5
for the year ended 31 March 2023
Unrestricted
Funds
Restricted
Funds
2023
2022
Income and Expenditure
Incoming Resourees
Grants & Sundry Income
JO,583
204.343
214,926
90,949
Total In¢oming Resour
10,583
204,343
214,926
90,949
Resources Expended
Managemeni & Administration
338
69,342
69,680
109,993
Total Resources Expended
338
69,342
69,680
109,993
Net Incoming l (Outgoing) Resources
10,245
135,001
145,246
(19,044)
Transfer between funds
Balances brought forward l April 2022
10.107
10,107
29,151
Balances carried forward 31 March 2023
20,352
135,001
155,353
10,107
Page 5

Foyle Deaf Assoei2tion
Balance sheet
as at 31 March 2023
2023
2022
Notes
Fixed assets
Tangible assels
153.616
Current assets
Debtors
Cash at bank and in hand
11,812
I12,016
10,107
l23,828
10,107
Current liabllllies
Other creditors
Accruals
l2l,251
840
10
122,091
Net current 4ssets
1,737
10,107
Total asset$ less Current
Ilabllltles
155,353
10,107
Reserves
Unrestricted
Restricted
20,352
135,001
10,107
155,353
10,107
The trustees acknowledge their responsibility for ensuring ihat the charity keeps accounting records which
comply with Ihe Charity Commission guid¢lincs and preparing fiJJancial statcments which give a true and fair
view of the state of aifairs of the charity as at the end of the financial y&v.
The Financial Statements were approved and auth0ri5ed for issue by the trustees on 19 tkcember 2023 and
signed on its behalf by
Page 6

Foyle Deaf Association
Notes to the accounts
for the yvar ended 31 March 2023
Accounting policios
The principal accounting policies adopted in the preparation of the financial statements are set out
beloiv and have remained unchanged from the previous year. and ako have been consistently applied
withRn the same accounts.
Aceoullting convention
The financial statements have been prepared in accordance with Accounting and Reporting by
Charities: Stalement of Recommended Prdctice applicable to charities preparing their accounts in
accordance ivith the Financial Reporting Standard applicable in the UK and Republic of Ireland
Charities SORP 2019 (FRS 102), the Financial Reporting Siandard applicable in tlie UK and Republic
of Ireland (FRS 102), Companies Act 2006 and Charities Aci (Northern Ireland) 2008.
1.2. Tanglble fixed assets and depreciation
Tangible fjxed assets are stated at cost less depreciation.
Depreciation is provided at rates calculated to write off ihe cost or valuation less residual value of each
asset over its expected useful life. as follows:
Land and buildings
Equipment
2% Strdight Line
200/0 Straight Line
Income
(i) Grants
Grants represents all amounts received and receivable during the year.
Capital grants are released to the profit and loss accounl in the year in which tl)ey a￿ re¢eived in
line wilh the SORP 2019 (FRS102).Capital grant of £140.000.00 received for pureliase of 60
Great James StreeL Derry) BT48 7DD.
Revenu¢ grants are credited to the Statement of Financial Activities in the year they a￿ received.
(li) Donations & administration income.
This comprises amounts received during the year.
Expenditure
(i) Direci Charitable Expenditure
This represents all expenditure directly attributable to charitable causes.
(li) Management & Administration
This includes all other expenditure not directly allocated above and a portion of the overhead costs
attributable to management and administration.
Page 7

Foyle Deaf Association
Notes to the accouDts
for the ye2r ended 31 March 2023
Income
2023
2022
Restricted Income
Department For Communities
DFC Capital Grant ( Note 2)
Derry City & Strabane District Council
CLEAR
Public Healih Agen¢y
Extreme Compulers
Community Foundation Nt
35,211
140.000
11.962
5,000
2,250
4,920
5,000
88,134
204,343
88,134
Unrestricted Ineome
Sales un￿triCted
10,583
2,815
10,583
2,815
Total Income
214,926
90,949
(i)
Rtstrieled Funds
Funds received which are eamiarked by the funder for specific purposes. Such purposes are within the
overall aims of ihe organisation.
(li) Unrestrlcted Funds
Funds which are expendable at the discretion of the &ssociation in furtheraft¢e of the aims of the
charity. In addition funds tnay be held in older to finance capital investment and working capital.
Page 8

Foyle Deaf Association
Notes to the accounts
for the year ended 31 March 2023
Resources Expended
Unrestricted
Funds
Restricted
Funds
Total
2023
Total
2022
Management & Administration
Wages & salaries
Rent
Cleaning
Travelling ¢xp¢ns¢5
Programme expenses
Insurance
Light & heal
Printing & ￿atIonery
Repairs & mainlenan¢¢
Telephone
Sundry expenses
Subscriptions
Accountancy
Bank charges
Depreciation on property
Depreciation on plant & machinery
11.742
4,556
3.131
40
3,131
110
110
43,246
1,100
2,940
493
8,614
525
1,001
373
1,420
156
2,833
3,698
43.246
1,100
2,940
493
8,614
525
929
373
1,420
72,947
483
1,495
11,542
383
5,942
72
687
216
156
2.833
3,698
338
69,342
69,680
109,993
Net Incomlng Resourees
2023
2022
Net incoming resources has been arrived at after charging.
Depreciation
6,531
Staff nole
The averdge number of ￿[sonS employed by the company during the year amounted to Nil (2022 - 1).
The aggregate payroll costs incutted during the year iveTe:
2023
2022
Wages and salaries
11,742
11,742
Taxation
There is no charge to taxation as the &w)ciation h&s charitable status.
Page 9

oyle Deaf Association
Notes to the accounts
for the yegr ended 31 March 2023
Tangible assets
Land and
buildings
freehold Equipment
Total
Cost
Addttions
141.659
18.488
160,147
At 31 March 2023
141,659
18,488
160,147
Depreciallon
Charge for Ihe year
2,833
3,698
6,531
At 31 March 2023
2,833
3,698
6,531
Net book values
At 31 March 2023
138,826
l4,790
153,616
Debtors
2023
2022
Grants due
11,812
10.
Current liabiltties
2023
2022
Accruals
840
11.
Mov¢menls in Funds
At
l April Ineoming Outgoing
2022 resource5 rosources
At
31 March
2023
Restricted funds:
204.343
(69,342)
135,001
Total restricted funds
204.343
(69.342)
135,001
Unrestricted funds:
General funds
10.107
10.583
(338)
20,352
Total unrestricted fi]nds
10.107
10.583
(338)
20,352
10.107 214.926
(69,680)
155,353
Page 10