Company number: N1039134 Charity number: N1105694 Foyle Down Syndromo Trust Llmlted (Company limited by guarantee) Dlrectors, report and financial statements for the year ended 28 February 2025
Foyle Down Syndrome Trust Limited Company limited by guarantee Contents Page Legal and administrative infonnation Directors, report Independent Auditor's Report Statement of Financial Activities 10 Balance sheet 11 Cash flow statement 12 Notes to the financial statements 13-22
Foyle Down Syndrome Trust Limited Company limited by guarantee Legal and adminstrative information Directors Elaine Kirk Patricia Bray Anthony Kirk Angela Thompson Mari McElgunn Roisin Hamill Clare Mcmonagle Gary Walsl) Mary Durkan Graliam Warke Charlty number NIC 105694 XR22973 Company number Nl 039134 Registered office Shar¢d Future Centre Cityview Park 61 Irish Street D¢ny BT47 2DB Auditors McGroaty Mccaffety & Company Accountants & Registered Auditors 2 Carlisle Terrace Derry BT48 6JX Business address Shared Future Centre Cityview Park 611rish Street Derry BT47 2DB Banker5 AIB (NI) Meadowbank Strand Road Deny BT48 7TN Page I
Foyle Down Syndrome Trust Limited Company limited by guarantee Directors, report for th¢ y¢ar end¢d 28 February 2025 Tlie Directors present their report and the audited financial statements for the year ended 28 February 2025. Prlnclpal actlvlty The principal activity of the charity company is to relieve and rehabilitate children and adults with Down syndrome and improve well being and quality of life for children and adults with Down syndrome as well as their extended family and caring circles. Structure? governanee and management The company is governed and managed by the Board of Directors. The Directors who served the company during the financial year were as follows: Elaine Kirk Patricia Bray Anthony Kirk - Angela Thompson Mari McElgunn Roisin Hamill Clare Mcmonagle - Gary Walsh - Mary Durkan - Graham Warke Foyle Down Syndroine Trust Limited is a charitable company. limited with guarantee with no share capital and its governing document is its Memorandum and Articles of Association. Its charitable status is recognised by HM Revenue & Customs and The Charities Commission of Northern Ireland. Foyle Down Syndrome Trust Limited was incorporat¢d on 16 August 2000 and giSt¢[¢d with th¢ Charity's Commission Northern Ireland on 16th August 2016. The Board of Directors carry out their governance role througliout the year by way of meetings on a monthly basis to review the performance of the cliarity and make decisions regarding its financial and operational matters. The D1ctorS govern the activities of the charitable company in line with the objectives set out in the governing documents of tlie charity, namely tlie Memorandum and Articles of Association and the charity's constitution. Obj¢¢tive$ and #¢tivitie$ Foyle Down Syndrome Trust Limited fosters a culture of inclusion with an innovative and ground breaking approach to educational, social and personal development needs of Children and young people with Down syndrome. Th¢ charitable company organise, co-ordinate and facilitate educational, social and life skills programmes, ensuring inclusivity and diversity, the core tenants of the charitable company's policy and practice, are promoted. The company is a 'not-for-profit' organisation. The results for the year are set out in this report. Achievements and performante The Directors are satisfied with the perforniance Df the company during the year, in tenns of both financial and operational results. Please refer to the charity's Annual Report for more detail on the numerous achievements of the company throughout the year. Page 2
Foyle Down Syndrome Trust Limited Company limited by guarantee Directors, report ror the year ended 28 February 2025 continued Flnanclal revlow The net surplus for the year- £1 01,491 (2024 - surplus £25,991). The total of reserves at the year end £384,945 (2024 - £283,454). Cash at bank £432,527 (2024 - £303,969). The Directors aim to have a cash reserve covering at least 6 months expenditure at any given time. Plans for the future periods The Directors plan to build sufficient reserves over the next five to six years with a view to purchasing or developing a building. The building will provde more opportunites for the charity to extend its services. Significant funding has been secured for future periods. The Directors will continue to govern the company in line with the Constitution in order to achieve the charitable company objectives. Directors Responslbilltics In Relatlon To The Flnanclal StAtoments The Directors are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Directors to prepare financial statements for each financial year. Under company law the Directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure. of the charitable company for that period. In preparing tliese financial statements, the Directors are required to: select suitable accounting policies and apply them consistently; make judgements and estimates that are reasonable and prudent; observe metliods and principles in the charities SORP 2019 (FRS 102); state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. Tlie Directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements coinply with the Coinpanies Act 2006. They are also responsible for safeguarding the assets of the company and lience for taking reasonable steps for the prevention and detection of fraud and other irregularities, Statement of disclosure of Information to auditors We, the Directors of the company who held office at the date of approval of these Financial Statements, as set out above, eaeli confirn] so far as we ar¢ aware, that: So far as we are aware, there is no relevant audit inforniation of which the company's auditors are unaware. and as the Directors of the company we have taken all steps we ought to have taken in order to make ourselves aivare of any relevant audit inforn]ation and to establish that the charity's auditors are aware of that information. Page 3
Foyle Down Syndrome Trust Limited Company limited by guarantee Director5, report ror the year ended 28 February 2025 continued Auditor's- McGroaty Mccaffety & Company are deemed to be reappointed in accordance with Section 487 (2) of the Companies Act 2006. The report is prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and in accordance with SORP 2019 (FRSI 02). The financial stateinents were approved and authorised for issue by the Board on 5 June 2025 and signed on its belialf by. Director Dfirecto Page 4
Foyle Down Syndrome Trust Limited Company limited by guarant¢¢ Independent auditor's report to the directors of Foyle Down Syndrome Trust Limited Opinion We hav¢ audited the financial statements of Foyle Down Syndrome Trust Limited for the year ended 28 February 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cashflow Statement and the related notes. Tlie financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" This report is Inade solely to tlie charitable company's Directors, as a body, in accordance with Chapter 3 of Part 16 of ilie Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable coinpany's directors those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent pennitted by law, we do not accept or assume responsibility to anyone other tlian the charitable company and the charitable company's Directors as a body, for our audit work, for this report, or for the opinions we have fomied. In our opinion tlie financial statements: give a true and fair view of the state of the charitable company's affairs as at 28 February 2025, and of its incoming resources and cxpenditure of resources, including its income and expenditure, for the year then ended. have been properly prepared in accordance with United Kingdom Generally Ac¢ept¢d Accounting Practice. and have been prepared in a¢cordan¢¢ with the requirements of the Companies Act 2006. Basls for oplnlon We conducted our audit in accordance witli International Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibiliti¢s under those standards are further described in the Auditor's responsibilities for the audit of tlie financial stateinents section of our report. We are independent of the charitable company in accordance with tlie ethical requirement5 that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evid¢nc¢ we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the Directors, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have perfornled, we have not identified any material uncertainties relating to events or conditions tliat, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Directors with respect to going concern are described in the relevant sections of this report. Page 5
Foyle Down Syndrome Trust Limited Company limited by guarantee Other information The Directors are responsible for the other inforniation. The other inforniation comprises the infom]ation includ¢d in the Directors, Annual Report, other than th¢ financial statements and our auditor's report thereon. The Directors are responsible for other information. Our opinion on the financial statements does not cover other information and, except to the extent otherwise explicitly stated in our report, we do not express any fom) of assurance conclusion tl)er¢on. In connection with our audit of the financial statements, our responsibility is to read the other infomiation and, in doing so, consider whetlier the other infomjation is materially inconsistent with the financial statements or our knowledg¢ obtained in tlie audit or otherwise appears to be materially misstated. Tf we identify such material inconsisteiicies or apparent material misstatements, w¢ are required to detennine whether there is a material Inisstatement in the finaiicial statements or a material misstatement of the other infomjation. If, based on the work we have perfornied, we conclude that there is a material misstatement of this other infonnation, we are required to report that fact. We have nothing to report in this regard. Oplnlon on other matters prescrlbcd by the Companies Act 2006 In our opinion based on thc work undertaken in the course of the audit: the infom]ation given in the Directors, Annual Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and the Directors Annual Report has been prepared in accordance with applicable legal requirements. Matters on wblch we aro required to report by exception In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Directors Annual Report. We have notliing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion: adequate accounting records have not been kept; or the financial statements are not in agreement with the accounting records and returns; or certain disclosures of Directors, remuneration specified by law are not made; or we have not r¢¢¢ived all the infonnation and explanations we require for our audit. or the Directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies exemption from the requirement to prepare a strategic report. Page 6
Foyle Down Syndrome Trust Limited Company limited by guarantee Responsibilities of the Directors A5 explained more fully in th¢ Directors, Responsibilities Statement, the Directors (who ar¢ also the Directors of the charitable company for tl)¢ purposes of company law) ar¢ responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such intemal Control as the directors detemiine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the charitable company's ability to continue as a going concern, disclosing? as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the charitable company or to cease operations, or liave no realistic alternative but to do so. Auditor's responslbllltics for the audit of the flnancial Statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether duc to fraud or error, and to issue an auditor's report that includes our opinion. Reasoiiable assurance is a higli level of assurnnce, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Explanation as to what extent the audit was consldered capable of detecting irregularltles, Including fraud; Irregularities, including fraud, are instances of non-compliance with laws and regulations. We d¢sign procedures in linc witli our responsibilities, outlined above, to d¢tect material misstat¢m¢nts in r¢spect of Irr¢gularities, including fraud. However, the primary responsibility for the prevention and detection of fraud lies with management and the board of Directors of the charitable company. Identifying and assesslng potential risks related to Irregularities In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, we considered the following: the nature of the industy, sector and the specific control environment which it operates in; the charities own assessment of the risks that irregularities may occur, either as a result of fraud or error; representations and results from our enquiries with management and the Board of Directors regarding their own identification and assessment of the risks of irregularities; enquiries of management relating to accounting ¢stimates measurements, recognition criteria and justification of such ainounts. any matters we have identified having obtained and reviewed the Charities policies and procedures relating to; * identifying and assessing if laws and regulations are compliant and whether they are aware of any instances of non-compliance" * detection and response to the risk of fraud and whether they are aware of any actual, suspected or alleged fraud instances. * the internal controls designed to mitigate risks or fraud or non-compliance with laws and regulations, and to minimise risk of management overrides of such controls. Page 7
Foyle Down Syndrome Trust Limited Con)pany limited by guarantee all matters discussed among the audit engagement t¢am regarding how and where fraud could occur and the potential indicators of fraud. As a result of these procedures, we considered the opportunities and incentives that may exist within the Charity for fraud. The audit included assessing the procedures and evaluating the measurement of estimations. In oinmon with all audits under ISAS (UK), we are also required to perforni specific procedures to respond to the risk of management override. We also obtained an understanding of the legal and regulatory frameworks applicable to the charity and ¢oiisidered that the most significant are the Companies Act 2006, SORP 2019 (FRS 102) and Charities Act (Nortliern Ireland) 2008. Audlt responsos to risks identified Our procedures to respond to risks identified included the following: reviewing the financial statement disclosures, testing the relevant documentation to &8sess compliance with the significant laws and regulations - those described as having a direct effect on the financial statements; enquiring with management and obtaining third party confirniation from the Charities Solicitors regarding any actual or potential litigation and claims. perfomiing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud. reading minutes of board and management meetings. examine forecasting material in line with actual perforniance, identifying any potential fraud indicators or instances. r¢viewing Companies House and Charity Commission Northern Ireland correspondence, identify any late submissions or omissions of mandatory inforniation; review correspondence with HMRC, identifying non compliance of specific inforn]ation to be disclosed. in addressing tlie risk of fraud through management override of controls, testing the appropriateness of data entries and adjustments; assessing whether the judgements made in making accounting estimates are indicative of a poteiitial bias; and evaluating the rationale of any significant transactions that are unusual or outside the nonnal course of the charities objectives. We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members and remaiiied alert to any indications of fraud or noncompliance with laws and regulations throughout the audit. As part of an audit in accordance with ISAS (UK), we exercise professional judgment and maintain professional scepticism throughout th¢ audit. We also: Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, desigrt and perfomi audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery) intentional omissions, misrepresentations, or the override of internal control. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the charitable company's internal control. Page 8
Foyle Down Syndrome Trust Limited Company limited by guarantee Evaluate the appropriateness of accounting polici¢s used and the reasonableness of accounting estimates and r¢lated disclosures made by tlie Directors. Conclude on tlie appropriat¢n¢ss of the directors, use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or Conditions that may ctLSt significant doubt on the charitable company's ability to Continue as a going ¢on¢ern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor'5 report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of the auditorfs report. However, future events or Conditions may cause tlie cliaritable company to cease to continue as a going concern. -Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and wliether tlie financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate wilh those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any Significant deficiencies in internal control that we identify during our audit. Patrick McGroarty Scnior Statutory Auditor for and on behalf of McGroarty Mccafferty & Company Statutory Auditor 2 Carlisle Terraco Derry BT48 6JX Date: 5 June 2025 Page 9
Foyle Down Syndrome Trust Limited Company limited by guarantee Statement of Financial Activities for the year ended 28 February 2025 Total Funds 2025 Total Funds 2024 Unrestricted Funds Restricted Funds Income and Expenditure Incoming Resourcos Voluntary Income Activities for generating funds Investment Income 65,022 14,072 4,563 497,719 562,741 479,650 14,072 14,122 4,563 347 Total Incomlng Resources 83,657 497.719 581,376 494,119 Resources Expended Direct Charitable Expenditure Govcrnance costs 6.900 469.385 3,600 476,285 468.128 3,600 Total Resources Ei xpendcd 6,900 472.985 479,885 468,128 Net Incorning l (Outgolng) Rcsources 14. 76,757 24,734 101,491 25,991 Balances brought forward l Marcli 2024 273,829 9,625 283,454 257,463 Balances carried forward 28 February 2025 350,586 34,359 384,945 283,454 The above amounts relate to continuing operations of th¢ charity. The charity has no recognised gaing and losses other than those included in the results above and therefore no separate statement of total recognised gains and losses has been presented. There is no difference between the net incoming resources for the year stated above and their historical cost equivalents. Page 10
Foyle Down Syndrome Trust Limited Company limited by guarantee Balance sheet as at 28 February 2025 2025 2024 Notes Flxed assets Tangible assets Current assets Cash at bank and in hand 12. 17,000 26,479 432,527 303,969 432,527 303,969 Creditors: amounts falllng duo within one year 13. (64,582) (46,994) Net current assets 367,945 256,975 Total assets less current liabilities 384,945 283,454 Net &ssets 384,945 283,454 Funds Restricted Unrestricted 34.359 350,586 9,625 273,829 15. 384,945 283,454 These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 and ilie Charitie5 SORP 2015 (FRS 102). The financial statements were approved and authorised for issue by the Board on 5 June 2025 and signed on its behalf by Director or Company Number: N1039134 The notes on pages 13 to 22 form an integral part of these financial statements. Page 11
Foyle Down Syndrome Trust Limited Company limited by guarantee Statement of Cash flows as at 28 February 2025 Note 2025 2024 Operating Activities Net incomiiig l (outgoing) resources for the year (Decrease) l increase in creditors Other interest and similar income Depreciation and impaimient Nct cash Inflow from operating activities 101,491 17,589 (4,563) 9,479 25,991 7,166 (347) 11,479 123,996 44,289 Financing Activitics Interest received 4,563 347 Increase in cash In the year 128,558 44,636 Reconclllatfion of net cash flow to movement in net funds Increase in cash in the year Net funds at l MArch 2024 128,558 303,969 44.636 259,333 Net funds at 28 February 2025 16. 432,527 303,969 Page 12
Foyle Down Syndrome Trust Limited Company limited by guarantee Notes to the financial statements for the year ended 28 February 2025 General information The charity is a private limited company by guarantee, registered in Northem Treland and a registered charity in Northern Ireland. The address of the registered otTice is Shared Future Centre, Cityview Park, 61 Irish Street, Derry, BT47 2DB. The company is a registered charity with the Charity Commission Northern Ireland witli effect from 16 August 2016. Accountlng pollclcs The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied witliin the same accounts. Accounting convention Tlie ¢harity constitutes a public benefit entity as defined by FRS102. The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity's governing document. the Charitie5 Act (Northern Ireland) 2008 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities prepkring their accounts in accordance with the Financial Reporting Standard applicable in th¢ UK and Republic of Ireland published in October 2019 (SORP 2019) and the Companies Act 2006. The financial statements are prepared on a going concern basis under the historical cost convention modified to include the certain items at fair value. Th¢ financial stat¢inents ar¢ presented in sterling which is the functional currency of the charity. 2.2. Incomlng resources All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specifi¢ policies ar¢ applied to particular categories of income: Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charity are recognised when the charity becomes unconditionally entitled to the grant. Donated services and facilities are included at the value to the charity where this can be quantifièd. The value of the services provided by the volunteers has not been included. Gift5 donated for resale are included as incoming resources within the activities for generating funds when they are sold. Grants, including grants for the puKhase of fixed assets, are recognised in full in the statement of financial activities in the year in which they are receivable. Income from investments 15 in¢luded in the year in which it is receivable. Page 13
Foyle Down Syndrome Trust Limited Company Iimited by guarantee Notes to the financial statements for tbe year end¢d 28 February 2025 continued 2.3. Resources expended Expenditure is recognised on an a¢¢rual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indTre¢t nature necessary to support them. 2.4. Fund accounting Unrestricted funds are available for use at the discretion of the directors in furtherance of the general objectives of tlie cliarity and which have not been designated for other purposes. Restricted funds whicli are to be used in accordance with the specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. Designated funds ar¢ unr¢stricted funds earniarked by the Board of Directors for particular purposes. 2.5. Tanglble fixed assets and depreciatfion Tangible fixed ass¢ts classified under the heading's fixtures, fittings & equipm¢nt, motor vehicles and website are valued at C05t less depreciation. Depreciation is provided at rates calculated to write off tlie cost less residual value of each asset over its ¢xpected uscful life, as follows: Fixtures, fittings and equipment Motor vehTcle5 Website 200/0 Straight Line 20% Straiglit Line 20 % Straight line 2.6. Cash at bank Cash at bank and cash equivalents are Stated at cost at the financial year end. 2.7. Taxation The company is a charity and is recognised as such by HM Revenue & Customs under the charity reference XR22973. As a result, there is no liability to t&xation on any ofits income. 2.8. Debtors & ¢reditors Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impaim]ent are recognised in expenditure. 2.9. Company status Tlie charity is a company limited by guarantee and does not have a share capital. Page 14
Foyle Down Syndrome Trust Limited Company limited by guarantee Notes to the financial statements for the year ended 28 February 2025 continued 2.10. Cash and cash equlvalents Cash and casli equivalents include cash at bank and deposits held in the company name, 2.11. Penslon costs Contributions to auto enrolment pension scljemes are recognised as an expense in the period in which the related service is provided. 2.12. Golng concern The finaiicial statements have been prepared on a going concern basis as the directors believe that no material uncertainties exist. The directors have Considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern. 2.13. Critical accounting estimates And judgements In application of the charity's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and &ssociated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in whicl) the estimate 1$ revised where the revision affect on that period, or in the period of tlie revision and future periods where the revision affects both current and future p¢riods. Page 15
Foyle Down Syndrome Trust Limited Company limited by guarantee Notes to the financial statements for the year ended 28 February 2025 continued Unrestrlcted Restricted Total Income Income Funds 2025 2025 2025 Total Funds 2024 Incomlng Resourcos Incomln resources from charitable activities WHSCT contract WHSCT- Day Opportunity Supported The National Lottery Tlie National Lottery - Cost of Living Fund Hargreaves Foundation Community Foundation Nl - Toy Appeal The Trusthouse Charitable Foundation Irish Youtli Foundation BBC Children in Need Cash for Kids Pathway fund Ulster Garden Villages AIB Community Grant Henry Smith Cliarity The Lewin Trust Peter Harrison Foundation 47,214 47,214 206,546 206,546 93,414 93,414 3,741 3,741 16,500 16,500 2,500 2,500 28,088 28,088 4,252 4,2S2 3,292 3,292 2,940 2,940 32,060 32,060 38,205 182,632 85,879 11,162 4,894 7,500 29,007 1,748 31.630 28,623 3,600 8.333 6,667 6,667 38.106 38.106 8,399 8,399 4,000 4,000 497,719 497,719 433,213 Volunta Income Private & parent donations 65,022 65,022 46,437 Total 65,022 497,719 562,741 479,650 (i) Restricted Funds Funds received which are eannarked by the Funder for specific purposes, Such purposes are within the overall aims of the organisation. (ii) Unrestricted Funds Funds which are expendable at the discretion of the company in furtherance of the aims of the charity. In addition funds may be held in order to finance capital investment and working capital. Page 16
Foyle Down Syndrome Trust Limited Company limited by guarantee Notes to the financial statements for the y¢ar ¢ndcd 28 Fcbruary 202S continued Activitics for generatlng funds Unrestricted Restrlcted 2025 2025 Total 2025 Total 2024 Gift Aid Claim 14,072 14,072 14,122 Investment Income Unr¢strleted Restricted 2025 2025 Total 2025 Total 2024 Deposit Interest 4,563 4,563 347 Page 17
Foyle Down Syndrome Trust Limited Company limited by guarantee Notes to the financial statements for the year ended 28 February 2025 ¢ontinu¢d Resources Expendcd Unrestricted Funds Restricted Funds Total 2025 Total 2024 Dlre¢t Charitable Expenditure Wages & salaries Staff pension costs Staff training Staff health insurance Programme & resources Advertising & PR Travel Subscriptions & memberships Support costs 324,710 27,546 5,679 2,749 65,772 905 927 2,542 38,555 324,710 27,546 5,679 2,749 65,772 905 927 2,542 45,455 313,418 30,676 9,145 2,263 58,128 918 965 1,719 50,896 6.900 6,900 469,385 476,285 468,128 Unrestrlcted Fund5 Restrlcted Funds Total 2025 Total 2024 Support costs Rent Insurance Light & heat Repairs & maintenance Cleaning expenses Stationery & postage Communications & IT Accountancy Bank charges Fundraising expenses Depreciation - motor vehicles Depreciation - equipment 18,794 5,715 4,027 872 991 1,697 2,572 18,794 5,715 4,027 872 991 1,697 2,572 l 8,794 5,563 5,413 1,058 140 2,088 2,334 1,320 856 1,851 8,500 2,979 851 457 1,600 979 851 457 8,500 979 6,900 6,900 38,555 45,455 50,896 Page 18
Foyle Down Syndrome Trust Limited Company limited by guarantee Notes to the financial statements for the year ended 28 February 2025 ontinued Govornance costs Unrestricted Restricted 2025 2025 Total 2025 Total 2024 Audit remuneration 3,600 3,600 Year ended 2025 Year ended 2024 Net (Dcficlt)I Surplus Net (Deficit)/ Surplus is stated after cliarging: Depreciation and other amounts written off tangible assets Auditors, remuneration 9.479 3,600 11,479 Auditor's remuneration The auditor's remuneration amounts to an audit fee of £3,600 (2024- Nil). Page 19
Foyle Down Syndrome Trust Limited Company limited by guarantee Notes to the financial statements for the year ended 28 F¢bruary 2025 continued 10. Staff costs Employment ¢ost$ Year ended 2025 Year eDded 2024 Wages & salaries Staff pension contributions Staff health insurance 324,710 27,546 2,749 313,418 30,676 2,263 355,005 346,357 No employees received emoluments of more than £60,000 (2024: None). The Directors, neitlier received nor waived any emoluments during the year (2024: None). Number of employees The average monthly numbers of employees during the year, cal¢uldted on the basis of full time equivalents, was as follows; Y¢8r ended 2025 Number Year ended 2024 Number Average number of employees 16 12 11. Taxation As a charity, foyle Down Syndrome Trust Limited is exempt from on income and gains falling within section 505 of the Taxes Act 1988 or $256 of the Taxation of Chargeable Gains Act 1992 to the extent that th¢sc are applied to its chargeable obje¢ts. Accordingly, no t&x Charges have arisen in the charity. Page 20
Foyle Down Syndrome Trust Limited Company limited by guarantee Notes to the financial statements for the year ended 28 February 2025 continued Flxtures, fittings and equipment 12. Tanglble fixed assets Motor vehlcles Webslto Total Cost At l March 2024 37,921 42,500 2,850 83,271 At 28 February 2025 37,921 42,500 2,850 83,271 Depreclatlon At l March 2024 Cliarge for the year 36,942 979 17,000 8,500 2,850 56,792 9,479 At 28 February 2025 37,921 25,500 2,850 66,271 Net book values At 28 February 2025 17,000 17,000 At 28 February 2024 979 25,500 26,479 13. Crodltors: amounts falling du¢ wlthln one year 2025 2024 Dcfcrred income Accruals 64,582 45,674 1,320 64,582 46,994 14. Movements in Funds At l Mareh IncomlDg Outgoing 2024 resourees resour¢¢$ Transfers At 28 February 2025 Restricted funds: Restricted funds 9,625 497,719 (472,985) 34,359 Unrestrictcd funds: General Funds 273,829 83,657 (6,900) 350,586 Total funds 283,454 581,376 (479,885) 384,945 Page 21
Foyle Down Syndrome Trust Limited Company limited by guarantee Notes to the financial statements for the year ended 28 February 2025 continued 15. Analysis of net assets between funds Unrestrlcted Restricted funds funds Total funds Fund balances at 28 February 2025 as represented by: Tangible fixed assets Current assets Current liabilities 1,600 371,545 22,559 15,400 17,000 60,982 432,527 42,023 (64,582) Total funds 350,586 34,359 384,945 16. Cash and Cash EquivAlent$ Openlng balance Ca5hflows Closing balance Cash at bank and in hand 303,969 128,558 432,527 17. Related party transactions Tliere were no related party transactions in the period under review. 18. Controlllng Interest Controlling interest of the charitable company lies with Board of Directors. 19. Company Ilmlted by guarantco Foyle Down Syndrome Trust Limited is a company limited by guarantee and not having a share capital. Every member of the company undertakes to contribute such amount as may be required not exceeding £1 to the &8sets of the charitable Company in the event of its being wound up while he or she is a member, or within one year aft¢r he or she ceases to be a member. 20. Post Balance Sheet events No significant events have taken place since the year end that would result in adjustments to 2025 financial infomiation or inclusion of a note thereto. Page 22