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 D1￿ctorS 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