Charity Number:NIC103601 Foyle Dellf Asqoclllflon Accounts ror tlie year ondcd 31 M#reh 2024
Foyle Deaf Association Contents Page Infonnation Trustees Report Indepeiident Exainiiier's Report Stat¢ment of Financial Activities Balance Sheet Notes to the accounts 7-11
Foyle Deaf Association Information Trustees Patricia Clarkc Sioblian M¢Keever Sarah Smitli Daniel McDaid Chairperson Treasurer Secretary Head of Sports Charity No: NIC103601 Business Address 60 Great James Street Dery BT48 7DD AceountAllts MeGroarty Mccufferty & Company Ltd Accountants & Tnx Consultants 2 Carlisle Terrace Dcrry, BT48 6JX Bankers FISBC UK 12-14 Tlie Diamoiid Derry BT48 6HW Page I
Foylo Deaf Assoeiatioll Trustees Report The trustees present their report and the financial slatements for the year ended 31 March 2024. Objectives and aclivltles The principal activity of the association during the year under review that of providing and promoting the racilities for hearing impaired people, particularly in North¢rn Ireland. Charity Objectives Relieve the needs of liearing iinpaired people particularly in Northern Ireland. Primarily to provide a centre for deaf people, run by deaf people, to ensure tliat they are understood and can participate with each other with ease and in a non-discrimatory fashion. To advance education througli sign language: educate people about signed languages. deaf awaraeness and cultures. promole sign language ¢ullural activities (including the visual and performing arts,music and literary activities) in all its fornis; educate the general public by promoting awareness and organising research into the history, forklor¢ and cultural heritag¢ of the sign languages community; promote public events delivered through or taken in sigii language; train and develop Ihe skills of people in the sign language field, funclion as a sign language community organistion and as a language delevopment agency to assist sign language users with issues concerning sign language rights and access to society in Sign languages; promote sign language Inedium education. encourage tlie groivtli of ¢[Y years educotion aiid beyond througli sigii language. Trustees The trustecs of the charity for the purposes of charity law and throughout this report are collectively referred to AS the trustees. The trustees serving during tlie year and since tlie year end iyere as follows.. Sarah Smitli Patricia Clarke Daniel McDaid Siobljan McKeever Governlng Document The organisatioii is an uniiicorporated association with cliaritable status. Financial review The trustees are empowered to receive moiiey in the form of subscrpitions, grants and donations and to raise moiiey by otlier lawful Ineans. All inonies raised for tlie Associatioii shall be used to furtlier the objectives of tlie Association and for no other purpose. Page 2
Foyle Derf2f Association Trustee's Report .eontinued Trustee's Responsibilities In Relatlon To The Financial StAt¢iiients The trustees of Foyle Deaf Association are responsible for preparing tlie trustee's Annual Report and the financial statemcnts in accordance with applicable laiv and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The trustees ar¢ rcquircd to prepare financial statements for ca¢h finanoial ycar, tliat give a truc and fair view of the state of the affairs of the Cliaritable association and of the ii)coming resources and application of resources, including tlie income aiid expenditure, of tlie cliaritable associatioii for that period. In preparing these financial statements. tli¢ trustees arc rcquircd to: select suitable accounting policies and apply tliem con5iStently' observe the metliods and principles in tlie Cliarities SORP 2019 (FRS102); make judgement5 and estimates that are reasoiiable and prudeiit. state wlietlier applicable UK Accounting Standards have beeii followed, subject to any material departures disclosed and explained in the financial Statements; prepare tlie financial statemenls on tlie goiiig concern basis unless it is inappropriate to presume that t11e charity will continue in business. The trustee's ar¢ r¢sponsibl¢ for maintainin& proper accounting r¢¢ords which disclose with reasonable accuracy at any time the financial position of tlie cliRrity and enables them to ensure that the financial stateiiieiits comply witli the Charities Act (Nortliern Ireland) 2008.The trustees are also responsible for safcguarding the assets of tlie charity and hcncc for taking reasonable steps for the prevention and d¢t¢ction of fraud and otlier irr¢gulariti¢s. In so far as the trustees arc awarc: -thcrc is no relevant information of whioh th¢ charitablc association's independent examiner is unawar¢, and -tlie trustee's hav¢ takcn all thc steps that tliey ouglit to have taken to makc thcmsclvcs aware of any relevant inforn]ation and to establish that thc independeiit e.xaminer is aware of that infonnation. A resolution will be proposed at the Annual General Meeting that McGroarty McCatTerty & Company Ltd be re-appoiiited as accountants to tlie charity for tlie ensuing year. On behalf of tlie Board Signed QWc£ Dat¢: 7 January 2025 Signed Date: 7 January 2025 Page 3
Foyle Deaf Association Indcpcndent examiner's report on the unaudited financial statemcnts to th¢ truste¢s of ioylo Dcaf Association We report on the accounts of the association for the y¢ar ¢nd¢d 31 March 2024, which are set out on pages 5-13. Respective responsibilities of chnrity trustees and examlner. As the cliarity's trustees you are responsible for tlie preparation of the accounts in accordance with the requirements of the Charities Act (Nl) 2008. 14aving satisfied ourselves that the charity is not subject to audit under company law, and is eligible for independeiit examinatioii, it is our responsibility to; examine the accounts under section 65 of the Cliarities Act 2008. follow the procedures laid down in tlie gcncral directions given by the Charity Commission for Nortl)ern Ireland under section 65(9)(b) of tlie Cliarities Act 2008. state whether particular matters have come lo our attention. Basis of independent examlner's report We have examined your charily accounts ds required under section 65 of the Cliarities Act and our examination ivas carried out in accordanc¢ ivith tlie general directions given by the Charity Commissiott for Northern Ireland under Section 65(9)(b) of the Chariti¢s Act. The examination included a review of the Accounting records kept by tlie eliarity and a coinparison of the accounts presented with tliose records, It also included a considcration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters. Our role is to state wlietlier any matcrial malters have come to oui. attention giviiig us cause to believe.. Ihal accounting records were not kept iii accordance with section 63 olthe Charities Act. thal the accounls do not accord with those accounting records; that tlic accounls do not comply wilh ihe accounting requirements of tlie Charities Act. thal there is furtlier inforniatioii needed for proper understanding of th¢ accounts to be reached. Independent examlner's stlltement We have completed our examination aiid have no concerns in respect of the matters listed above and, in connection with tlie following directions of th¢ Charity Commission for Northern Ireland, we have found no matters thal require drawing to your attention. McGroarty, Mccafferty & Company Ltd Accountants & Tax Consultants 2 Carlislo Terrace Derry BT48 6JX Dute: 7 January 2025 Page 4
Foyle Deaf Association Statement of Financial Activities for thc ycar ended 31 March 2024 Unrestricted Funds Restricted Funds 2024 2023 Income and Expendituro Incomlng Resources Grants & Sundry Income Total Incomlng Resources 10.075 129,136 139,21 I 214,926 10,075 129,136 139,211 214,926 Resources Expended Management & Administration 156 145,643 145,799 69,680 TotAI Resources Expended 156 145,643 145,799 69,680 Nct Incomlng l (Outgoing) Resources 9,919 (16,507) (6,588) 145,246 Transfer between funds Balances broiight forward l April 2023 20,352 135,001 155,353 10,107 Balances carried forward 31 March 2024 30,271 118,494 148,765 155,353 Page 5
Foyle Deaf Association Balanee sheet as at 31 March 2024 2024 2023 Notes Flxed assets Tangible assets 151,377 153,616 Current assets Debtors Cash at bank and in hand 3,000 127,886 11,812 112,016 130,886 123,828 Current liabilities Other creditors Accruals 132,658 840 121,251 840 10 133,498 122,091 Net current (IlabSlltles)lassels (2,612) 1,737 TOÉAI llssets ILS5 current liabilities 148,765 155,353 Reserves Unrestricted Restricted 30,271 118,494 20,352 135,001 148,765 155,353 The trustees acknowledge their responsibility for ensuring that the charity keeps accounting records which comply with the charity Commission guidelincs and preparing financial statements whicli give a true and fair vi¢w of the state of affairs of thc charity as at the end of the financial year. Tlie Financial Stateiiieiits were approved and authorised for issue by tlie trustees 011 7 January 2025 aiid signed on its bel)alf by Page 6
Foyle Deaf Association Notes to the accounts for the year ended 31 March 2024 A¢countlng policies The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained uiiclianged froin the pr¢vious year, and also have been consistently applied witliin tlie same accounts. 1.1. Accounting convcntion The financial statements havc bccn preparcd in accordance with Accounting and R¢porting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordaiice witli tlie Financial Reporting Standard applicable in the UK and Republic of Ireland Charities SORP 2019 (FRS 102), Ilie Financial Reporting Standard applicable in the UK and Rcpubli of Ireland (FRS 102), Companies Act 2006 and Cliarities Act Gqorthern Ireland) 2008. 1.2. Tangible fixed assets and deproeiation Tangible fixed assets are stated at cost less depreciation. Depreciarion is provided at rates calculated to write off ilie cost or valuatioii less residual value of each ass¢t over ils expected useful life, as follows,. Land and buildings Equipment 20/0 Straight Line 200/0 Slraighl Line Incomc (i) Grants Grants r¢presents all amounts received aiid receivable during the year. Capital grants are released to the profit aiid loss account in the year in which they are received in line with the SORP 2019 (FRSI 02).Capital grant of £690.00 received for ¢m¢rg¢ncy capital works. Revenue grants ar¢ crcditcd to ihe Statement of Fiiiancial Activities in th¢ year they ar¢ reccivcd. (li) Donations & administration income, This comprises amoui)ts received during the year. Expendlturo (i) Direct Cliaritable Expeiiditure This represent5 &11 expenditur¢ dir¢ctly attributablc lo charitable causes. (li) Management & Administratioii 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 thc accounts ror the year ended 31 March 2024 Income 2024 2023 Re.8tricted Income Department For Cominuiiilies DFC Capital Grant (Note 2) Derry City & Strabaiie District Council National lottery CLEAR Public Health Agcncy Extreme Computers Community Foundation NI 91,207 690 4,900 27,339 5,000 35,211 140,000 11,962 5,000 2,250 4,920 5,000 129,136 204,343 Unrestrlcted Income Sales Unrestricted 10,075 10,583 10,075 10,583 Total Tncome 139,211 214,926 (i) Restrlcted Funds Funds received whicli Arc cllrm&rk¢d by th¢ fundcr for sp¢¢ific purposcs. Such purpos¢s arc within thc overall aims of tlie organisation. Unrestrlcted Funds Funds ivhioh are expcndable at the discretion of tlie association in furtherance of the aims of tlle cl)arity. Iii addition funds may be held in order to finance capital investmeiit and working capital. Page 8
Foyle Deaf Association Notes to the accounls for the year ended 31 March 2024 Taxation Tlicre is no charge to tatIon as the association has charitable status. Tangible assets Land and J3uildings Equipment Total Cost At l April 2023 Additions 141,659 18,488 5,365 160,147 5,365 At 31 March 2024 141,659 23,853 165,512 Depreciation At l April 2023 Cliarge for the year 2,833 2,833 3,698 4,771 6,531 7,604 At 31 Mareli 2024 5,666 8,469 14,135 Net book values At 31 Marcli 2024 135,993 15,384 151,377 At 31 March 2023 138,826 14.790 153,616 Debtors 2024 2023 Grants due 3,000 11,812 10. Current Ilabilities 2024 2023 Taxes and social security costs Deferred income Accruals ,751 130,907 840 121,251 840 133,498 122,091 Page lu
Foylc Deaf Association Notes to the accounts for the yeAr ended 31 March 2024 11. Movements In Funds At At l April Incoming Outgolng 31 March 2023 resources resources 2024 Restricted funds: 135,001 129.136 (145,643) 118,494 Total restricted funds 135,001 129,136 (145,643) l18,494 Unrestricted funds: General funds 20,352 10,075 (156) 30,271 Total unrestricted funds 20,352 10,075 (L56) 139,211 (145,799) 30,27E 155.353 148,765 Page 11