Registration nuniber h'1020328 ro)'le film Projects Limited (C'.onii)iin.v liniited b), guiirllntce) Directors, rei)ort and finfincSAI statements for tljc .I'ear en(le(131 li}rCh 2024
Foi'le Film Projects Liiiiitecl Conii)an!' limited bi, gu.qrllntee Lontents. PAge Director% and otlier iiifor111411ion Directors, report Iiidepciid¢iit Ex?¢ Iiiiiicrs, I'cport Stoteiii¢iit of Fiiiaiicial AciivitiL SicltLIllLlIt of Fiii<)IICl£l1 P05itioii Nolcs lo Ilic finaiiLiiil st1£ tcIiiciit 8-12
Foi'le Film Projects Limite Conipani, limited bi. guarantee Comi)ani' inform41tion Directors MoorL Martiii MLlarkcy (RL%igncd 3110712024) Joliii McGoivaii Secretiir). PLap•L Moor Chiirit), number IIC103704 Comi)uni' number N102(132% Registere(l office 718 Magya7.ili¥ StrLLt DLrry 13T4X ()14J Accountunts MLCJfo<ll'iy McCal"t"oi'iy & Conip'iny Lid Accoiiiitaiits & T&lX Coiisiilt&lllts ? Carlislc Tcrracc Dci"ry BT4X 6JX Business iddre55 Tlic NLrvc C.ciitre 7114 M<lg'417.inL Strcct Dcrry BT48 6HJ Blinker Ulstir Baiik Da Viiici Coiiiplcx C'iiliiiore R041d Derry BT48 %JB
Foi'le Film Projects Liinite(I C.'omi)ani, limited b!, gu'irantee Directors, report for thc l'ear cnde(1311i larch 2024 Tlic dii'cLlors prLscnl tIiLir report aiid Ilie tinaiiLii& l .%lalcnieIit% lor Ilic ycar L'ndcd .1 l MarLlI 20?4. Princiijiil activity Tlie priiicipal 1¢ Ctivity of tlie cliarit¢lble coiiii)any 14 tliat of filin i)roduction ¢ind trniniiib. Director TIIL dirL'Ltoi's ivlio sLrvcd dLiriiigi iIiL yL<ir arc a% stalLd bLIoiv: Pcui'%c Moc)rc Joliii MLCJ()W4711 Mart iii MLlsll'kcy (RL%igiiicd .I1107/?0?4) Directors resi)onsibilitie.s Tlie dii'ectors ot" Foyle Filiii Proje¢l% T.iiiiir¢d for tlie purpose% of COliiPÉiiiy l&lNV Élre resiioiisible for prcpiiriii Ilic Dircclor.¥' AIiiiLial RLporl <iiid tlic finLiiicial %latciiicnt4 ill É)cLord'incL iviIII cippliLablL l&)Iv and Unitcd KiiigdoIii AcLoiiiiliiig Stciiidards {UtlitLd Kinodoiii GLIicrally Acccptcd AcLoiiniiiig Prc1cIicL). Coinpaiiy IL21V fcqLiirc% tlic dircLtor.4 to prcpJrL fiiiaiiLial %tatcnicnt% for L"acli fiiiillicial yLar. IvliiLIi giii L <1 IruL' ,iiid f1¢ ir i'iew of tlie st4ltc of ciffclil'% of ilie cliiirilablc coiiii)I2ny and of tlic iiicoiiiAi)g rc.qoiirccs 4liid applicc1tion of rc4oiircc5. Aiicliidiiigi tlic inconic 1¢ nd cxi)ciid itiirc. of tlic cliarit&qblc COlllP¢liiy for t111¢ t pcriod. In i)i-¢1)1L riii(7 tlIL.%¢ fiiianci411 %l&ilL'iiiciil,s. tlie d iroLIopTr fcqLiifL.d 10- sclecf s11irible <iccoiinling policie% I111d tlicn <l1)ply tlieiii LoIi%istciitly: ob%erve tlie iiietliod% clnd priiiciplc% in Ilic Cliarities 8ORP { FRS 102): iiiiikL jLI(14iciiiciils (ind L'%liiiialcs Ilial Iirc rc&i%onablc and pi'iidLrLI' tL1tL wlILLlicr aiiplic&2blc UK ALLOllI)tiiig 8tandard% IiLlI'L bccii tolloivcd, siibjLLt to aiiy In<Lrial dci)&irlLirL disclo%Ld £iiid iiii14liiicd iii tliL fiiiaiici&11 statClllLnts prci)circ tl)L fiiii?J)Cjiil stiltcn)cnls oil Ilic gioiJ)gF coJJccrJi bil SIS 111)Icss il ib illill)pi'opriatc to prcsiiiiic tliat tlic cliaritobl¢ coiiipaiiy ivi11 coiitinuc in opcriition. Tlie direLlor• Lire responsible foi. ke¢piiigT adeqii¢il¢ 1¢ LL()Lllitiii&y records tIIL1t disL'lo4e ivitli rea.4onable ÉiLCLif&lCy al ai)y tiinc tliL' tinaiic12& I po.4ilioii of" IIIC Ll)2& ritablL conipaiiy aiid ciiablc thcin to cii4iire tIIiL t tlic tinaiiLial t<ltLinciits Loinply ivirli tlie Coiiii)cl11iLS ALt 2006. TIICY al80 rcspon%iblL for s&fLgiiardiiigv tlic <i55i15 of Ilic cli14 rit¢lble COlllP¢llly £liid lieiice for lakiiiby rca.4onoblc stei)% for tlic prevciitioll ¢iiid detectioii of fri¢ ud aiid otlier irrL&yLilaritic%. Iii %0 f&lr as tIiL dirLLtor% r¢ aivarL: Ilicre is iio relLV<lllt iiiforiii£llioii of ivliicli ilie cli&iriticble COillP4llly'S Iiidcpeiidenl L.X41111iiicf is Uii%livarL' iiiid tlic dirccior5 liaN'c l&ikeii 41115tLPS Ill11 Ilicy oiiglii to liai'e takcn 10 llicikc Iliciiiselvcs aivaic of iiIiy filci'aiit iiifor11116 tion &11Id to ¢st%1bl i%li tliat tli¢ iiid¢p¢iid¢iit ¢X611nin¢r 1.% 61I¥'%1re of11i4lt iiifonn61tion. Page 2
Foi'le Film Projects Liniited Con)i)Jnv limited b!. guarantee Directors, report for the l'ear ende(131 Mqrch 2024 coiitiiiiicd Tlii4 rcport ].% prLp2& rcd in L2ccordan¢¢ ivitli tlic %pLcial prui'i%ion% ot. parl 15 01" tIIL CoiMpaniL% ALI 20U() rcl4i1iiig to qin¢?11 COlnP<?IIILS. Tliis rci)oit ilias i& Pl)rovcd aiid &2Lltliorised for i%SLle by tlic Board oli 16 Dcccinbcr 20?4 aiid qigwiicd 011 it belialt by Director Director Page 3
Fol'le Film Pi"ojects Limited
C'omi)anv limited b!, guarantee
Independent eigminer's report on tlie unauclited fin4qncial statenients to the directors of
Foi'le F ilm Projects Limited
W¢ report on tlic accoiiiits of tlie coiiii)aiiy fi)r IIIC ye
Fol'le Film Project5 Limite(I Comi)ani, limited bi, guariintee Statenient of Financial Ilctii'itics for the Yeur Endecl 31 M4qrch 2024 Unrestricted Funds Restricted 2024 2023 Income Ind Eii)enilitiire Tiicoiiiiiisv rc4oiirccs froiii cliiÉ I'itÉ1b5c activities 7.0?? 7.027 1.()14 Totol Incoming ResourcLI 7.022 7.02? 1,614 Resources Expcn(Ic(I MLIIILlqClll¢lIt & Adiiiiiiislrnrioii ().-f 63 ?.810 9.37.3 25 1)04 Total Resources Exi)ondcd ().fj().3 2.1110 9.37.1 ?5.904 'et Incoming / (Outgoing) Resources 45L) (2,810) (?.351) (24.?90) Bi2lancc4 broiiglit toni',Ird l April ?0?3 19.3.()00 5?7,752 7?1.35? 745.(142 I C)4.059 524.942 719.001 721..35? 'rLa115fcr bctwccii fiiiidb B<ilaiiLc% carriLd toN'ai'd .3 l M&irLli 2024 io 194.059 5?4.942 71C),001 721,352 Tlie siboi'e ¢11liounls relilte to ¢oiitlllLiinr OliLf411ion4 of Ilie cliarity. Tlic LI1litY IILIS no recosvni%cd giaiiis aiid 10s.5e.4 other tli1& 11 tlio%e iiicluded iii tlie resLilts abc)ve &ind tlieret'or¢ liv 4ei)<irate .4tatcmeiit ot" total rLLoLyniscd Lind Io%%Lts bccii pre%cnted. ThLrc i% nu di flcrciice betlllCLn tli¢ iiet inLoni ili rc%ourLLN for IhL pcriod siat¥d aboi'L 41nd IliLir li i%luriLal co.%1 cquiiialciit%.
Foi'lc Film Projects Limited Coi)11)anv limited b!, gu4if4qntee B<2l<qnce sl)eet 11.5 ¥lt 31 Ni lrfqrcli 2024 2024 2023 Notes i ixed iissets TIiii&Tible a%set Iiivestiiient 91.000 400.000 91.000 491.000 Ciirront iissets Debtor Cbi%li Ill bank Liiid iIi liaiid 1.0¥40 227.11&11 1.080 1).31.132 228.l)(I I ()3?,212 C'reditors: omounts fiilling due iTr'itl)in one )'ear (960) 11.8()0) 'et current asstts 22X.00 I 6.10,.352 Toti)I iisscts less current linbblities 719.0()I 7?1,-152 Net 1155ets 719.001 7? l.-35? Unr¢strictLd Rcsti'ictcd 194.059 5?4.942 193.600 -5?7.752 ri un(Is 10 719.001 721..352 The notes on pages 8 to 12 forni .In inteGral part of these rinqnc1l statements.
Foi'le Film Projects Limited Comi)anv liniited b!, gu'.Irantee Baliqnce sheet (continued) 111 &l1?proving tlicsc tin&incial %l<cnicntS 1£ % direclor.% ol. Ilic coinpany ivc licrLby Lonfinii: Tlie LOIIIPl& Ily IVi1S eiitiilcd to exeiiiprioIi froIii aiidit iindcr s477 of Ilie Coiiipanics Act ?OOC) rclatiiig to %lllcill coirpanic%. Tlic 11icinbcrs 112¢ lie iiot rLqLiifLd tliL' LoinpaIiy lo obiaiii ali aiidit iii ¥tLLordancL witli scLtioii 47() of IliL' Coiiipaiiics Act ?006. Tlic dirLLlor.4 acknoivlLdgyL Ilicir rL.4pon.sibil itiL% t.or LOli)plyiii&¥ iviili thc rLquircinLiits of tli¢ Compaiiics ALt 200() Iviili rL%pLLt to <lccoiiiiliiigv Ircord% aiid prLpar&ilion of <l¢lOlllIt.4. Tlic%c aLcoiiiit% li&ive bceii i)reiJ&ll'ed in 4lLC()i'd&)nLe ii'itl) Ilie proi'isions &ll)i)Iic&ible to 41114111 Lc)Inpiinics %Libje¢t to tnal l Lompiinic% rLI 111111 III 1LLordanLC IVitI) F'RS I Q2 SOR P. Dlroctor Director D¢qte .' 16 December 2024 Ddqte . 16 Deceniber 2024 Rcgistriition nuniber Ni 1020328 The notes on P412es 8 to 12 form an inte2ral part of these financial statenients.
ro)'le Film Project5 Limited C.'ompani' liniited bi, 2varantee 'otes to the finii ncial statements for the l'ear ended 31 111.lrch 2024 Accountin2 policies I"Iic priiicip1( l accoiintiiicr poIiLiCS adopicd iii Ilic priPLif&ilion of Ilic finaiiLial st¢llciiiciitS Ik f¥ Sct out bLIoii' ¢iiid li1& ve re11141iiicd iiiicliaiigLd froiii tlie i)rL'ViOIIS yC*ir. a£id £ilso 11¢1VC bc¥n coii8jStiiitly ?61)E)lied ivitliii) tIIL Sl¢ Illc L¢'ounls. Accounting convention Tlic fiiiiiIiLii& l staieiiiciil8 linvc becn prL'parcd iji aLcordance ivitli AcLoiiiitiiig ¢1nd Rci)ortiiig by Chi& ritics: t41lCiiielil of RcLL)11iiiicndc(I PraLtIL'L iippliLiiblL IL) cliarities preparingr Ilieir 1L c¢oiint.4 in aLLordi& ncc H'iili tlie inaiicial Rlportiiibv 8l¢iiidLl1'd api)Ii¢<iblL in tlic IJK aiid RcpubliL ot. Ircland Cli&iritiL% SORP(FRS 102). tIIc Fiii&inci471 Rcpoi%iiibY Sis111(lard 1< Pl?IiL¢lblc iii Ilic UK ¢liid IlcpiiblLL of Irclsliid ( FRS I O? ), IliL Coiiipiiiiic% Act 200() ,Iiid Cliaritics Act (Nortlicrii Irc14111d) 2008. Inconiing resources Gnnl% rci)re%ent 1<11 <llllOlllIts received c1n(I rccciv<1blL' diiriiigy tIIc yClI r. RcvLniic grants arc Lrcditcd to thc S114 tciiiciil ol" FiiiLillcil& l ALtivitiLts iii Ilic y¢14 r iliiy Iirc rcccived. (ii) Siiiidi'y Tncoilie Tliis Loinpriscd aiiiounl4 rLL¢ivcd dLlI'illb? thc yL14 r. Resourccs cxi)ondcd {1) DircL't Cliiiritnble E.xpLiidilurL' Tlii% I'cprLsLnl% 6111 LxpLiidilLifL direLtIy 4iltribut&iblL lo Ll)Éirilablc LslLI.%e%. { ii) Mon¢ibi¢iiient &. Adniiiii.%li'ution Tliis iiiLlii(ILs all otliif LXPLiiditiirc iiol dirLLtly allocatL(l abovc (iiid l< portioIi of tlic oi'crliL.1d c05t altributG1blc lo Page 8
Fo)le Film Projects Limited
C'omi)ani, limited blr U.irntee
otes to the financilll 5t2tements
for thc l'ear ended 3111 larch 2024
conliiiucd
1.4 Tangible filed Ass¢ts And (l¢i)reciation
Tic IISTiblc fixed a.s4¢14 are stated ¢lt cost le45 depreci¢ltion.
DepreLiation is proi'idLd iLt r
Foi'le Film Projects Limited C.'ompani, liniited bip (Fuarantee 1S'otes to tlie financial statements for the l'ear ended 31 Nlrfirch 2024 coiitinucd Resources ENI)en<led Ilnrestrlcted Fun(Is Restricted ri un(Is Total 2024 Totlll 2023 Miiniigement & Adniinistrution Tr&iiliillgP & COLir%e fee. Caiiip%ic nianabyciiicnt fce Insiir(IiieL' ProdiiLtioii Lo.4t Travcl AccoLllItLlllCy t'ee Bad dcbt B&iiik cliargiL 1.500 1.500 I l() 1 .793 I l() 1.7.14 1.793 5.031 5.0.11 900 900 900 23.1?0 33 3? -3? ?,810 9,373 25 1)04 Land and buililings freeliold Tiingible fiicd iissets c.ost At l April ?O?.I At .3 l M<irL'li ?0?4 L) 1.000 91.000 91 ,0011 91.000 Net book I'iilue. At .1 l M4ircli ?0?4 91,000 At .3 l M&ifLlI 202.3 91,OUO 91.000 P:)ge 10
Fo)'le Film Projects Limited C'ompani, limited bi, guarantee 'otes to tlie financi¢il st4qtemcnts for the l'ear endecl 31 Nlarch 2024 coiitiiiucd Otlier unlisted ini'estments Fixed nsset investmcnts Totiil Cost Ad(lilioii 400.000 400,000 Al 31 MarLlI 7024 400.000 4L)O.UUO Iyet bool< viilues At 31 M&1rLlI ?024 400.000 400.000 Debtors 2024 2023 DLblor i.oxo i.o,%o Creditors: iiniovnts falling due Ii'ithin one i'eqi r 2024 2023 Accnials ()C)O 1.8()0 Reluted pnrty transiietions Tliere IN'ei'e no related pai1y tran.siictions in IIIL perio(l linder reiiieiv. C.'ontrolling interest Tlic iiliiiii&ile control of thc ioinpany rc%t% ivitli tIIL board c)f dirL'Llors. Page 11
Fol'le Film Project5 Limited Comi):Ini, limited bi, gu:Irqntee 1S'otcs to tlie finirf ncial st¢2temcnts for the i'erfir ended 31 Nlrfircli 2024 coiitiiiued C.'ompani' limited bv guarantee Tlie coiiipaiiy is liiiiitcd by b¥Liara11tcc tiiid doc.% not liai'c is sliis re ct)i)ilsll. 10. Movements in Funds At At l April Incoming Oiitgoing 31 Ni liireh 2023 resources resources 2024 Restricte(I funds: RL%triLILd t'iinds: 5?7,752 {2.1410) 524 C)42 Totiil IL'%lI'i¢tLd fiiiids 527.752 (2.810) 5?4.942 Ilnrestriete(I funils.. UnrL%ificiLd tiiiid%: 193,()00 7.022 (f).5(13) 194,059 Total iiivcstricted fiiiids IC)_1.600 7.02? (6,SC)3) 194.0_59 Total fuiid 721.-352 7.0?2 (9.373) 719.001 Puri)oses of Restricted Funds RcstriclLd byrsiiils aiv&1l-ded to Ili¢ Cliarity (ire providLd to Lover tlie col'e Object4 a4 e,xpl<iiiied 111 dircLIoD• I'CPOrt.