Reoistration niinibLr IN1039134 Foyle Doivn Syndrome Trust Limited (Company limited by guarantee) Directoi3' repoit and flnaneial stateIi?ents for the >'ear endcd 28 February 2023 Fol'le Doivn Sl'ndi'onie Trust Liniited Compan). limited b}r truarantee Contents Page Leoal aiid adiiiiiiisrratii'e iiifoi'niatioii Dir¢ctoi's' report liidependeiit Exaniiiier's report Statement of Fiiiancial Activities Balaiice sheer Nlotes to tlie financial stateme17ts 8-15 Foj'le Doivn Si'ndrome Trust Limited ConipAn)' limited b!T fjiiarantee Cotnpaiiy information Dkrcctors Elaiiie liirk. Pati'icia Bi'a.y Aiithonii Kii'k ,4iigela Tlioiiipsoii Seanius Fari'en Mai'l McElgunii Deborali Rogers Roisin Haillill Clare Mcmoiiagle Gaiy Walsli Charitv number NIC 105694 XR92973 Compan)1 number Nl OJ9134 Reglstered office Sliayed Future Ceiitre City'vi¢w Park 61 Irisl) Stt-eet Derry BT47 ?DB Accountants McGroarty Mccaffeity & Coiiipaiiy Ltd Accouiitants & Tax Coiisultaiits Carlisle Terrace Derry BT48 6JX Buslness address Sliared Fuiure Centre Cityview Park 61 Irisli Street Derry BT47 ?DB Bankers AIB (NI) Meadowbank Strand Road Deny BT48 7TN Fo)'le Down SF'ndrome Trust Liniited Compani, limited b): . uarantee J)ire¢tors' rcport for the }'ear elided 28 February 2023 Tlie directors present tlieir report aiid tlie audited fiiiaiicial srateirjeiits foi. tlie vear elided ? 8 February. ?0?" Principal Aetivity, Tlie pi'incipal actiiyiry of tlie cliai'ity, coiiipaiiy is to IElieiie aiid reliabiliiate cliildi'eii aiid adults ivitli Doii'i) Syi)di'oiiie and iiiiprove ivell being aiid qiiality of life for cliildreii aiid adiiltJ Witli Dowii Syiidi'oine as ivell Ilieir e.Ktended faiiiily ai)d cai'ino circles. Structur¢? governance and n)anagement Tlie conipaiiy is goveriied ￿]d nianaged by tlie board of directors. Tlie directors M,lio served tlie coinpaiiy during tlie finaiicial )'ear are sliowii oii page l . Tlie board of directors carry out tlieir goveinaiice role tlii'ouglioLlt tlie year by way of Ineetings oli a nioiitlily basis ro rei'ieiv tlie perfoniiaiice of tlie cliarity aiid make decisioiis i'egardii)g its fiiiaiicial and operational Inatters. Tlie directors goveni tlie aetivitits of tlie cl)aritable coinpanv in liiie witli tlie objectives set out iii tlie goveniino documeiits of tlie cliarity. naiiiely tlie Memoranduin aiid Articles of Associatioii and tlie cliarily's Collstituiion. ObJectliFes and activities Foyle Do￿.1] Syndrome Tnist Limited fosters a culture of inclusion with an iniioiiative aiid ground breakiiig approach to educational, social aiid personal developmeiit iieeds of cliildren and young people ivitli Doth'n SNiiidi'onie. Tlie charitable company organise: co-ordinate aiid facilitate educatioiial. social and life skills proTrramiT)es: ensuring inclus7vity aiid diversity, the eore teiiants of tlie charitable coinpaiiy's polic>, aiid practice, are pronioted. Tlie coinpaiiy is a 'not-for-profit' organisation. Tlie resu Its for tlie year are set oui iii this report. Acl).ievementS 2nd perforn)ance Tlie directors are satisfied witli tlie perforiiiaiice of tlie coinpaiiy during the year. li) temis of both financial aiid operarional iEsults. Please refer to tlie cliarity's Aiiiiual Report for inore detail on tlie iiunierou.% acliievemeiirs of tlie company Eliroughout tli¢ year. Flnanelal revlew Tlie iiet surplus for the )'ear- £8,651 (2027 surplus £71,304). Tlie total of reserves at the year end £?57.463 (?0?? £248,81 ?). Cash at bank £259,333 (?022 £261,361). The directors aim to have a cash reserve covering at least 6 Inontlis expendifure at any given tiine. Pl&?ns for the future periods The directors plan to btAild sufficient reserves over the next five to si.x years ivitli a vieiv to pureliasin(y a building. The building will proiide more opportunires for tlie cliarity to extei)d its services. Sionificant fundii)g lias been secured for fuTure periods. Tlie directors will continue to goveni the conipany in liiie with the constitution in order to acliieve the cliaritable company objectiveg. Foi'le Doii'n Si'ndrome Trust Lin)ited Coinpan), limited bi. IFuarantee Directors, report for the l'ear ended 28 February 2023 coiitinued Directors Responsibilities In Relation To The Flnancial Stlltenients Coiiipaiiy laiv r¥qLiires tlie directors to prepare fiiiaiicial stateiiieiits for each finaiicial vear li'li icli give a triie aiid fair view of tlie state of tlie affairs of tlie cliaritable coinpaiiv aiid of tlie profit or loss of tlie cliarity. compaiiy for that year. In preparing these tlie directoi's are IEqLliI'ed to: select suitable accouiiting policies aiid apply tlieiii consisteiitl) iiiake.judgenieiits aiid estiiiiates tliat are reasoiiable and pi'udeiit: observe ni¢rliods aiid priiiciples iii tlie cliai'ities SORP ?019 (FRS I O?): stare wliether applicable UK Accouiiting Staiidards liave beeii folloived, subject to aiiv niatei'ial departures disclosed and explaiiied in tlie finajieial statenieiits: pi'epare the finaiicial siatenieiits oil the going coiicerii basis uiiless ir is inappropriate to presuine tliat tlie compaiiy will continue in biisiness. The direcEors are responsible for keeping proper accountiiig records wliich disclose with reasonable accuracy ai any tinie the fiii8ncial position of the coinpany and to eiiab12 tlieiii to ensure tliat tlie fiiiaiicial stateiT]ents ioiiipl!. M'ith tlie Companies Act ?006. Tlie>i are also respoiisible for safegiiardii)g the assets of tlie coinpany EMd lieiice for takii)g reasoiiable steps for tlie prevention and detectioii of fraLid and otlier irregularities. Tlie report is prepared iii accordance ivith tlie special provisioiis of Part l ) of tlie Coinpanies Act •006 relatiio? to imall coinpanies and in accordance witli SOI2Tr ?019 (FRSI O? Independent Exaniiner A resolution will be proposed at tlie ArLiiual General Meeting that MeGroarty Mccafferty & Company Ltd be reapi)ointed as indepeiident examiners for tlie ensuing year. Tlie fiiiancial statenients were approved and autliorised for issue by tlie board 011 ?3 May ?0?3 aiid signed on its behalf by. irector Dire Foi'le Down Si'ndrome Trust Limited Conipan): liniited bir truarantee Independent eianiiner's report on the unaudited financial statements to tlie directors of Foi'le Doii'n S)'ndrome Ti'ust LiEnited VL report on tlie accoLllilS of Ilie coinpaiiy for tlie year ended ? 8 February ?073. Ivliicli are set out oli pages i to 15. Respective responsibilities of charity directors and examiner; As tlie cliarit), directors you are respoiisible foi. tlie preparatioii of tlie accolinrs iii accordaiice ii'itli tl)e I'equirenients of tlie Compai)ies Act 2006. Haviiig satisfied ourseliies tliat tlie cliarity is iiot subject to audit linder coiiipany laiv: and is eligible foi. iiidependenr e.Kaiiii51atioii. it is our responsibility to: e.Kaiiiiiie tlie accoLlllts ui)der secrion 65 of the Cliarities Act ?008. folloiv tlie procediires laid doivii in tlie geiieral directions giveii by tlie Cliarity Coiiiinissioii foi. Nortliern Ireland uiider sectioii 65(9)(b) of the Cliai'ities Act ?008. state ￿'1]e[her particular iiiatters liaiie coiiie to our atteiitioii. BASIS of independent exAminer's report We liave examined )ioui' cliaritsi accouiits as required uiider section 6) of tl)e C.liaritits Act aiid iiiy e.Kaniinic tioii Mias carried out in accordaiice witli tlie general directioiis triven by the Cliarity, Coniniissioii for Northem Ireland uiider Section 65(9)(b) of the Cliarities Act. Tlie examiiicltion ii)cluded a revieiv of tlie AecounTirig records Lept by tlie cliarity and & comparison of the accouIits presented i%'ith tliose records. li also included a consideration of aiiy iiniislial itenis or disclosures iii the a¢¢ouiits. ai)d seekiii(r explanations froin j'ou as cliarity directors concerning ￿]Y sucli Inatters. OLII. role is to state w'lietlier aiij, Iiiaterial Inatter8 have come to our atteiirioii giving us cause to believe., rliat accoLlllting records were not kept in accordaiice witli s¢¢tiOll J 86 of tlie Compatiies Act ?006: tliat tlie accounts do not accord witli tl)ose accouiitiiig records; tliat tl)e accounts do nol comply with tlie accoiiiiting reqLiiremeiits of tlie Sectioii 396 of tlie Coinpanies Act ?006 and tlie metliods and priiiciples of The Cliarities Statenieiit of Recomineiided Practice applicable to cliarities preparing tlieir accounts iii accoi'daiice witli the Financial Reportiiig Stai)dard applicable ill tlie UK aiid Republic of Treland. tliat tliere is furtlier information needed for proper understanding, llldcpendent eAamiDer's statement Tlie ¢haritv's gross incoixe exceeded £?iO,000, rlierefore rhe examiner mLlSt be a meniber of a listed body. We can confinn that we are qualified to undertake the examinatioii as ￿'e are registered as meinbers of Chartered Accountant Irelaiid iyliich is oiie of tlie listed bodies. We Iiaiie conipleted our examination and Iiave no concenis iii respect of the Inatters listed above aiid. in connecTion ivith the folloiving direction5 of the Charity Comniission for Nortliern Irelaiid, we l)2ve found no illatters thar require drawing to your attention. cGroarty, affe Accountants & Tax Consultants 2 Carlisle Terrace BT48 6JX- Date: 23 May 2023 Page 4 Fo)'le Doii'n Si'ndronie Trust Limited Conip41nN' liniited b). tsu.2raiitee Statement of Financiql l Activlties for tlie )'ear ended 28 Februaiy 2023 Tot¢ql TotAE Unrestricted Funds Restrlcte(I Fiinds 2023 2022 Income and Expendlture Incoming Resources loluiitary liicoine Actiiiities for genei'atiiig fiiiids Investment Iiicoiiie i6.179 14.?47 539 419.809 475,981 469.i07 14.?47 11.145 i39 18 Total Incoming Resourees 70.96) 419.80? 490.767 480.670 Resources Eipendod Direct Charitable Expendittire N4aiiaoemeiii &. AdiTJiiiisiration 48.171 380,10) 4?8.276 J6? 198 47.168 Total Resources Expended 6?,420 419.696 48? 116 409,366 'et Ineoming / (Outgoing) Resoui'ces 13 8,545 106 8.651 Balances brought forward l March 202? ?38,090 ?48.81? 177,i08 Balaiices carried forward 28 Februarji ?0?3 ?46,635 0,8?8 j7,46J ?48.812 Tlie above aniounts relate to continuiiig operations of the cliarity. Tlie tharity has no recognised trains and losses otlier rlian those included in t11e regults above and therefore iio separate stateiiieRt of total recognised oaiiis and losses lias beeii presented. There is no difference between tlie net incoming resources for the year stated above and their Iiistorical cost equivalents. Page > Foi,le Down Si'ndrome Trust Limited Compan), limited bip ￿uarantee Balance sheet as at 28 Februaii, 2023 2023 2022 otes Fixed assets Taiioible assets Curi'ent assets D¥btors Cash at baiik aiid iii liaiid 10 37.9)8 6,937 ?59.333 ?61.361 959,J33 ?64,840 Ci'editors: amounts falling due wlthln one year (J9,8?8) ?? 96)) Net current assets •19,!05 ?41,87> Total assets less currellt liabilities 257.46J 248.81 ? .Net assets ?48.81 ? Funds Restricted Uiirestricred 13 l 0.8?8 ?46.635 ?38,090 ?57.463 ?48.81? The notes on paGes 8 to 15 form an inteural part of these financial statements. Page 6 Fol'le Dow'n Syndronie Trust Limited (vuai"antee Compan), limited b> . BalaE]ce sheet (continued) Iii approviiig these fiiiaiicial stateiiieiits as directors of tlie conipany M'e liereby coiifiriii.. Tlie coiiipai))i ivas eiititled to exeiiiptioii troiii aiidit iindei. s477 of Ilie Conipaiiies Act ?006 relatiiio to siiiall ¢oiiipaiiies. Tlie menibers liave not required tlie coiiipaiiy to obtain ali audit iii accordaiice ivitli sectioii 476 of tlie CoiiipailiLS Act ?006. The directors ackno￿1]edge tlieir respoiisibilities for ¢011iplyiiig ivitli tlie requireiiients of tlie Coinpaiiies Act ?006 M'ith respect to accouiitiiig records asid preparation of accounts. T11ese accoLlllts ljave beeii piEpared li) accordance Witli tlie provisions applicable to sinall compaiiies subject to rlie sinall compaiiies regiine aiid iii accordailee Wltli SORP ?019 (FRS I O? Tlie financial statements ivere approved and authorised for issiie by tlie board on ?3 May ?0?3 aiid sittiied oil its behalf by: ector Dfir or Date: 23 May 2023 Date: 23 May 2023 Reglstratlon No: N1039134 Foi'le Doii'n S)'ndroiiie Trust Limited Compan). limited b). (Tuarantee Notes to tlie financial st1¥ tements for the l'ear ended 28 Febru¢9￿, 2023 General information Tlie charitv is a prii'ate liniited conipaiiy by guarantee. registered iii Ni Ortlierii li'eland aiid ? 6.076 18.639 18.6J9 l.iOO 419.80? 419,80? 409.734 Voluntarv Income Private & parent donarioiis 56.179 i6,179 59,773 Total i6,179 419.80? 475,981 469,507 (i) Restricted Fullds Fuiids received ii,hich are eannarked bv the Fui)der for specific purposes. Sucl) purposes are itliill tlie overall aiiyjs of the orgaiiisation. (li) Unrestricted Funds Fiinds which are expeIidable at the discretion of Ihe company in furtlierance of the aims of tlie charl￿. In addltion funds may be held iii order to fiiiance capital investmeiit and woi'kiiig capital. Page 10 Fol'le Doii'n SJ:ndrome Trust Liniited Coinpan!, limÉted b)p tsuarantee N'otes to the financial statements for the }ear ended 28 Februar), 2023 coiitinued .4ctli'ities foi. generating funds Unitstrlcted Restricted 2023 2023 Total 2023 Total 2022 Gift Aid Claim 14.?47 14.?47 11.14) Investment Income Unrestricted Restricted 2023 2023 Total 2023 Total 2022 Deposit Interesr 539 Pagell Fo)'le Doii'n S)'ndi'ome Trust Liniited Compall!. limited bi, guar¥qntee ri'otes to tlie financial statements for the i"¢ai" ended ?8 Februan, 2023 conrinued Resources Eipended Unrestricted Funds Restrlctcd Fun(Is TotAI 2023 Total 2022 Dii'ect Chai'itable Expenditure Vaqe> & salaries Staff pensioii Losts Staff trainiiig Otlier staft costs Programme & resources Advertising & PR IloliinTeer expenses Travel Siibscriptions & Inembersliips 6.757 30.?7? 1.746 1.946 396.757 ?79,6?5 ?5.525 616 1,946 j?,499 760 1.6?5 1 ,0?4 730 760 1.6?5 940 33 1,486 763 48.171 J80,IOi 4?8.?76 36? 198 UnrestrRcted Funds Restrieted Funds TotAI 2023 Total 2022 Management & Admlnlstration Rent Insuraiice LigliE & Iieat Repairs & inaiiiteiiaiice Cleaning expenses Starionery & postage Conimunications & IT Evaluation Accouiirancy Bank charoes Fundraising expenses Depreciatioii 4,699 14,096 4,035 7,918 356 79 1,524 3.600 18,795 4.035 18,336 3,891 6,?58 1 ,40? 55 ?,320 1.6?0 i68 994 79 1,821 ?97 16) 4.800 1,3?0 788 1.320 857 1.3?0 857 6,900 11.479 9,979 14,?49 47,168 Total 62,420 419,696 482,116 409,366 PaEFe 12 Fo}le Doiin Syndrome Ti"ust Limited Conipan> Iiniited b)? tsuarantee 'otes to the finaneial statenjents for the )"ear ended 28 February ?0?3 conliiilied Net (Deficit)I Surplus ?023 2022 Nlet (Deficit)/ Surplus is Slated after Lliargiiig.. Depreciation aiid otlier anioui)ts ivritteii off tangible assets 11.479 ?.979 Employees 2023 ?0?? Wages & Salaries Staff peiisioii contributions 396,7)7 30,?7? ?79.6?5 ?5,5?) J57,0?9 30i.l )0 Number of employees The aiierage Inontl)ly niiiiibers of einployees duriiig tlie year. calculated on tl7e basis of full tiine ¢qiiivalents. Ivas as follows.. 2023 Nuniber 2022 Number 10 Taxatlon As a charity, Foyle Down Syndrome Trust Limited is exempt from tax oil incoiiie aiid gaiiis falliiig vithin section 50) of tlie Taxes Act 1988 or s256 of the Taxation of Cliargeable Gains Act 199? to the extent tliat rliese are applied to its chargeable objects. Accordiiigly, 110 tax cliarges liaNie ariseii iii tlie charity. Page 13 Fo)'le Doii'n Sj'ndrome Trust Limited Cotnpani, limited b), gu2irantee Notes to the financial stateEEieiits for the J'oar ended 28 Februan, 20?3 coiitinued Fiitures, fittings equipnient 10. Tangible fRxed assets Motor vehlcles Website Total Cost At l March ?022 Additions ?.850 47.iOO 4?.iOO Ar ?8 Februat)i ?0?3 37.9?1 41.iOO ?.850 Depreciation At l Nqarcli ?0?? Cliarge for the year At ?8 February ?0?3 30,984 ?,979 ?.8iO 8.iOO 11,479 8,500 ?.850 4),313 Net book iiAlues Ai ?S Februaiy ?02) At •8 FebrLiar)' . 34.000 11. Debtors 2023 2022 Suiidrv Debtor) Grants Receivable 519 2,960 3,479 12. Creditors: amounts falling due within one year 2023 2022 Deferred iiicome Accruals ?1,64) 1,3?0 39,8?8 Page 14 Fol'le Doivn SJ:ndrome Trust Limited Compan), limited blr tsuarantee 'otes to the financial statements for tlie ):ear ended 28 Februai), 20?3 coiitiiiued 13. .Iqos'enients in Funds At l Mareli Inconiing Outgoing 2022 resources resources Transfor.$ 28 Febriiarv 2023 Restricted funds: RestricTed fijiids 10,7?? 419.80? (419,696) 10.8?8 tinrestricted funds: Geiieral Funds 70,96) (6? 4?0) ?46.63 j Total funds ?48,81 ? 490,767 (48? 116) 14. Related party trAnsactions Thei'e iiiere no related part! traiisactioiis in the period uiider reiriew. 15. Controlling Interest Controlling interest of tlie cliaritable company lies ivitli board of directors. 16. Compan}, Ilmited by guarantee Foyle Dom'n Syndroine Trust Limited is a compaiiy liinited by gLiarantee and iiot haviiig a share capital. 17. Post BAIRnce Sheet events No significant events liave tak'eii place siiice rhe year end tliat would result in adjustiiients to 20?3 financial inforinatioii or iiiclusion of a Iiote tliereto. Pa(Fe 15