The Fi'ancina Foundation
St2Éement of Financial Activities for the Year Ended 31 Octobei. 2024
(Including Income and Expenditui'e Account and Statement of Total ReLognis>ed Gains
and Losses)
Uni'estj'icted
funds
Restricted
funds
Tot41
2024
Note
liicoliie Endowmeiits froni:
Donatioiis aiid IciJacics
Charitable activities
?3,694
4,?00
4,?00
Total income
27,894
27,894
Expenditure on:
Cliai'itable accivities
(J2,775)
(J?,775)
Total expeiiditure
(J?,775)
(3?,7751
Net expenditure
(4,881)
(4,881)
Net niovenient iii fvnds
(4,881)
(4,881)
Reconciliation of funds
Total fiinds broiight toNard
15,725
4,800
?0,5?5
Total fiinds carried forward
10,844
Unreslrieted
funds
4,800
Restricted
fuiid5
15,644
Total
2023
Note
Income and Endoivments from:
Doiiations and leLJacies
Cliaritable activities
15,179
800
15,979
Total income
18.529
800
Expenditure on:
Cliaritable activities
(18,858)
(18,858)
Total expeiiditure
(18.858)
(18,858)
Net (expeiiditiire)lincon)e
(3•9)
800
471
Net Inovement in funds
800
471
Reconciliation of funds
Total fuiids broiiuht forward
16,054
4.000
Total fuiids carried forward
15.725
4,800
20.525
All of the cliai'ity's activities derive from continuiiiij operations dLifiiigT the above hvo period5.
The fuiid5 breakdowii for 2023 is shown ii) iiote l O.
Page 6

The Francina Foundation
Olegistration nuinber: N1633966)
Balance Sheet as at 31 October 2024
2024
2023
Note
Current 4?ssets
Cash at bank and in hand
16,244
21.125
Creditors: Amounts falling due within one yexr
(600)
(600)
Net assets
15,644
Funds of the ch<irity:
Restricted income funds
Restricted fiinds
4,800
4,800
Unrestricted income funds
Uni'estrieted fiiiids
10.844
Total funds
15,644
?0,525
For the financial year endiiig 31 Octobei. 20?4 the cliai'ity was entitled to exeinption from audit under section
477 of tlie Coiiipanies Act 2006 relatiiig to small companies.
Dii'ector5' responsibilities..
Tlie menibers l)ave not required the cliarity to obtaiii an audit of its accouiits for the year in questioii in
accoi'dance willi section 476- and
The directors acknowledge their responsibilities for complying with the i'equirements of the Act witli respect
to accounting records and the prepiiration of accounts.
The financial 5tateiiients on pa(Fes 6 to 12 wei'e appi'oved by the trLiStees, and authorised foi. issue on 25 July
20?5 and signed on theii- behalf by-
IIILLL
Mr Gary McQuoid
Coinpany Secretary and Trustee
aiiiuel W Mai'ciis
Trustee
Page 7

The Francina Foundation
Notes to the Financial Statements for the Yeai" Ended 31 Octobei" 2024
I Charity status
Tlie chai'ity is liillitcd by guaraiite¢, iiicorporalcd iii Noitlici'ii Irclaiid, Etiid coi)sequeiitly does iiot have share
capital. Eacli of tlie trustees 15 liable to contribute ali aniount not excecdii)ts £ I towards tlie assets of die cliarity
in the event of liquidation.
The address of its reg7iSt¢red oifice is-.
196 Bclllyinoney Road
Ballyineiia
Co Aiitrim
BT43 5HG
These financial slRteinents were autliorised foi. issiie by tlie trustees on 25 July 20?5.
2 Accoulltillg policies
Sumin81'y of si<vnifIcant accountiiig policies aiid key accounting estiniAtes
Tlie pi'incipal accounting policies applied in tlie pi'eparation of Iliese financial statenients al'e set out beloiv.
These policies have been con5iStently applied to all tlie years presented, unless othenvise st42ted.
Stateinent ofcompliance
The fiiiancial statenienls have been prepared in accordance with Accountingy and Repoiting by C.harities'.
Statement of Recommended Practice applicable to charities preparing theii. accounts iii accordance ivith the
Fiiiaiicial Reporliiig Siaiidai'd applicable iii the UK aiid Republic of Ireland {FRS 102) (effective l Jaiiuary
2015) - (Cliai'ilies SORP (FRS 102)), tl)e Fiiiaiicial Reportiiig Siaiidard applicable iii tli¢ Uk aiid Republic of
Ireland (FRS I O?). Tliey also comply with the Coinpanie5 Act 2006 and Chai'ities Act (Noithei-n Ireland) 2008.
Basis of pi"epai'atioii
Tlie Fi-aiicina Fouiidalion iiieets tlie defiiiitioii ora public beiiefit entity under FRS 102. Assets and liabilities al-e
initially recogtrnised at histoi'ical cost or ti'aiisaction valiie unless oilierwise stated in tlie i-elevant accountin
policy iiotcs.
Going concern
The trustees consider thal there are no Inaterial llncertttinties about the cliarity'5 ability to continue as a going
concern iior aiiy sigiiificant areas of uiicertaiiity t]iat affect the carryiiig value of a55et5 held b), the eharity.
Exetnption from prepHI-ing a c8sh floiv statemei)t
The charity opted lo eai-ly adopt Biilletin I Pliblislied on 2 February 2016 and liave thei'efore not included a cash
flow 5tatenieiit iii Lhese fiiiaiicial statenieiits.
Incotne and endowments
Incoin¢ froin cliaritable activities includes incoine i-ecognised as earned (as tlie i'elated goods or sei'vices al-e
provided) uiider coiitract.

The Francina Fouiidation
Notes to the Financial Statements for the Year Ended 31 October 2024
Doiirttioiis ciiitl le￿aLle5
Doiiations are recogiiised wli¢n the cliarity lias been Iiotified iii wi-itiijg of botli tlie ainouiit aiid settleiiient date.
Iii tl)e evenl tliat a doiiatioii is siibject to ¢oiiditions tliat I'equire a level of perforimaiice by tlie cl)ariLJi before tlie
charity is entitled to the funds, the income is deferi-ed and not reco(Tnised iiniil eitl)er tliose conditions al'e fully
met, or the flilfi Ilmenc of those conditions is wholly within the control of the c11arity and it is probable that these
coiiditioiis will be fulfilled in the reporting period.
Expenditure
All expenditure is recouynised once there is a legal or construclive obligation to that expenditure, it is probable
settlement is required aiid tlie amount cali be measured reliably. All costs are allocated lo the applicable
expeiiditure lieadiii(F Iliat aggregcite similar costs to tliat ¢ate&Joiy. Illliei'e costs cannot be directly attributed to
paiticular lieadiiigs they have been allocated on a basis consisteiit willi t]ie use of i-esoui-ces, with central staff
osts allocated oil t]ie basis of tiine speiit, aiid depreciatioii ehai'tses allocated 01) Ilie portioii of the asset's use.
Otlier support costs are allocated based on tlie spread of staff costs.
Cliiiritnble ftclivitiej
Charitable expeiiditui'e comprises those costs iiicurred by the chariry iii the deliveiy of its activities aiid seivices
for its beiieficiaries. It ii)cludes boili costs Iliat cali be allocated directly to sueli activities aiid Iliose costs of an
indirect natiire neces5aiy to support tliem.
T8xatio
Tlie cliarity is considered lo pass the tests sel out iii Paragrapli I Scliedule 6 of tlie Finance Act 2010 and
therefore it meets the definition of a chciritable coinpany for UK corporation tax pui-pose5. Accordingly, the
charity is poleiitially exempt from taxatioii in respect of iiicoine or capilal gain5 I'eceived within categories
covered by Cliapter ) Part I l of tlie Corporation Tax Act 2010 or Section 256 of Ilie Taxatioii of Cliargeable
Gaiiis Act 1992, 10 the extent tliat sucli incoiiie oi. gaiiis are applied exclusively to cl)ariiable pui'poses.
Fund stj'ucture
Uiiresti'icted iiicome fuiids are geiieral fuiids diat are available for use at tl)e trustees discretion iii ￿rther￿lice of
th¢ objectives of the charity-
Restricted incorne fiiiids al-e those donated for ilse in a particiilar ai'ea or for spe¢if5c piirposes, tlie iise of which
is i'estricted to that are<1 01- purpose.
PaLTe 9

The Francina Foundation
Notes to tlie Financial Statements for tlie Year Ended 31 October 2024
3 Income fi'oin donations and legacies
Uni'esti'ieted
funds
Genej'al
Restricted
funds
Total
fund5
Doiiati0115 aiid legacies;
Doiiations from iiidividuals
Gift aid reclainied
21,506
2,188
21,506
2,188
Total for 2024
23,694
23.694
Total for 2023
15.179
800
15,979
Page 10

The Francina Foundation
Notes to the Financial Statements for the YeAr Ended 31 October 2024
4 Income from ch2ritAble activitie5
Unresti'icted
funds
Genei'AI
Totlll
2024
Total
2023
Sponsorship
4.?00
-7.350
Unyestritted
fund5
Gener411
Total
2023
Sponsorship
3,350
3,350
5 Expendituj'e on charitable activities
Total
funds
Note
Unrestricted
fmiids
Gener#1
Total
fund5
Insurance
Sponsoi'sliip
Doi)atioiis
AccoLllltaii¢y fee
Adv¢itising
Baiik ¢liarges
980
3.000
97.24
600
462
491
980
3,000
27,?42
600
462
491
TotRI for 2024
Total for 2023
18,858
18,858
Page 11

The Francina Foundation
Notes to the Financial Statements for the Year Ended 31 October 2024
6 Trustees I'emunei'ation and expenses
No ti'ustees. iior aiiy persons coniiected ivith them, have received any remuiieratioii from the cliarity duriiig the
ye31-.
No Irustees have reccived any otlier benefits froin tlie cliarity during t11e year.
7 TaxAtioii
The cliarily is a regiscei'ed cliarity al)d is tl)erefoi'e ekei)Ipt fi'oin taxation.
8 Cash and eash equivalents
2024
2023
Cash at baiik
16,244
21,125
9 Creditors: amounts falling due within one year
2024
2023
Accruals
600
600
10 Funds
B2lAnce at I
Noveniber
2023
Ineoining
resoui-ces
Resources
expended
Balallce at 31
Oltober 2024
Unrestricted funds
General
15.725
27.894
(32,775)
10,844
Restricted funds
4,800
4,800
Totiql funds
20,525
27.894
{J2,775
15,644
Balance at I
Noven)bei'
Incornillg
resoui'ces
Re50uI-ces
expended
IAnce At 31
October 2023
2022
Uni'esti'icted funds
General
16,054
18,529
(18.858)
15,725
Restricted funds
4,000
800
4.800
Totlll fuiid5
20,054
19.329
(18,858)
?0,5?5
Page 12

The Francina Foundation
Detailed Statement of Financial Activities foi. the Year Ended 31 October 2024
Tot81
2U24
Total
2023
Income 2nd Endowments fl'om:
Donations and legacies (analysed below)
Clic1ritable activities (analysed below)
23,694
4.?00
15,979
Total income
?7,894
19.3?9
Expenditui-e on:
Charitable aclivities (analysed beloiv)
(18.858)
Total expeiiditui'e
(3? 775)
(18,858)
Net (expenditure)lii)coiiie
(4,881)
471
Net movement in fiiiid5
(4.881)
471
Reconciliation of funds
Total funds brought forward
20,525
20.054
Total thiids carried fonvard
15.644
?0,5?5
Thi5 pagye does not form part of the Statutory financial statements.
Page 13

The Francina Foundation
Detailed Statement of Financial Activities for the Year Ended 31 October 2024
Total
2024
TotAI
2023
Doii(Itioii,s aii(I leg(Icie.s
Appeals and doiiatioiis
Appeals and donations
Gift Aid tax reclaimed
800
15,179
21,506
2,188
23.694
15,979
Cliuritahle llctivilies.
Spoiisoi'ship
4,200
4,200
Cliliiit￿￿1e activities
1n5lli.ance
Sp01150r511ips
Adverlisiii
Bank chargFes
Cl)aritable donatioi)s
Accounta13ey fee5
{980)
(3,000)
(462)
(491)
(27.242)
(600)
(966)
{2,600)
{1,227)
(13,100)
(600)
(3? 775)
{18.858)
This pagJe does not form part of the statutory financial statements.
Pa(re 14