Eoin Henry Foundation Ltd 'Company Limited By Guarantee, Report and Financial Statements For the year ended 30 June 2023 Report of the trustees for the year ending 30 June 2023 The trustees are pleased to present their annual directors. report together with the financial statements of the charity for the year ending 30 June 2023 which are also prepared to meet the requirements for a directors, report and accounts for Companies Act purposes. The financial statements comply with the Charities Acl 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Pradice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015). The purposes of the charity Eoin Henry Foundation Ltd was established to help promote the relief of sickness and the preservation of health among people residing permanently or temporarily in Northern Ireland. Our volunteers Our volunteers include Ihose named as Trustees (including Chair Trustee), the Secretary and other persons who offer their voluntary services on an ad hoc basis. Achievements and performance The charity has managed to provide services and support lo both local and regional charities and persons in need. Regular donations and fundraising have been fundamental to the success of the charity as well as voluntary services provided by the Trustees, Secretary and other members of the local community. On the 14 December 2020. the Eoin Henry Foundation Ltd was officially placed on the Charity Commission register under Charity Number 107854. Financial review During 2023, the majorty of fundraising occurred during the Annual Gala Ball. This was significant success and enabled the Charity to conlinue its objectives. The Charity is in the fortunate position that it does not incur fixed running costs as all work by the Trustees is completed on a volunteer basis. As such. the Charty continues to operate as a going concern. The reserves include the majority of these fund5 which were distributed amongst more than 10 local charits'es aftei the year end. Reserves policy and going concern The trustees have reviewed the reserves of the charity. The policy is to hold enough funds to meet four months operating costs of the charity.. Plans for future periods OUT plan is to continue to host the larger annual events that help gather large crowds to which the Charity can promote il's objects. The Trustees will continue to identify local registered charities in need of funds to help the relief of sickness and the preservation of health among people residing permanently or temporarily in Northern Ireland.
Eoin Henry Foundation Ltd 'Company Limited By Guarantee, Report and Financial Statements For the year ended 30 June 2023 Reference and administrative details Company number: N1646672 Charity number: 107854 Registered Office: 127 Agivey Road Kilrea 8T514AY Website: http.'Ilwww.eoinhenryfoundation.com Advisors Accountant: JohnslonGrieve Chartered Accountants 3 Wellington Park Belfast BT9 6DJ Bank: Danske Bank Ballymoney Northern Ireland Trustees Chair Trustee: Stephen Henry Trustees.. Veronica Henry Kevin Johnston Patrick Henry (resigned 1 November 2023)
Eoin Henry Foundation Ltd 'Company Limited By Guarantee, Report and Financial Statements For the year ended 30 June 2023 Structure, Governance and Management Governing documenl Eoin Henry Foundation Ltd is operated as a community association following the same format as a company limited by guarantee governed by its Memorandum and Articles of Association. The association became a registered charrty with the Charity Commission on 14 December 2020. Registered Charity number 107854. Appointment of trustees The existing trustees are responsible for the recruitment of new trustees. The trustees believe this approach ensures that new trustees are respected members of the local communities. The Trustees are volunteers and do not receNe remuneration for activities relating to the charity. Organisation The board of trustees administers the charity. The board normally meets quarterly and covers development. membership and finance. A Chair is appointed by the trustees to manage the day-to-day operakn'ons of the charity. To facilitate effective operations, the Chair has delegated authority, within terms of delegation approved by the trustees, for operational matters including finance and development related activity. Administration A number of companies donate services during the year for continued administration of the Charity. This is a significant resource that allows the Charity to donate as much funds iaised as possible direct to local charities. The most significant of these are- EFS (Nl) Ltd and JohnstonGrieve Chartered Accountants. Principal funding sources The charity's main Sour of income is giving at fundraising events. Giving at organised events is both generous and encouraging. Voluntary donations by direct debit I standing order transactions are also received throughout the year.
Eoin Henry Foundation Ltd 'Company Limited By Guarantee. Report and Financial Statements For the year ended 30 June 2023 Trustee's responsibilities in relation to the financial statements The charity trustees of Eoin Henry Foundation Ltd are responsible for preparing a trustees. annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (Unrted Kingdom Generally Accepted Accounting Practice). Company law requires the charty trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and the group and of the incoming resources and application of resources. including the income and expenditure. of the charitable group for that period. In preparing the financial statements. the trustees are required to: select suitable accounting policies and then apply them consistently- observe the methods and principles in the Charities SORP., make judgements and estimates that are reasonable and prudent", stale whether applicable UK accounting standards have been followed. subject to any material departures disclosed and explained in the financial stalements" prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and the group and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporale and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Statement as to disclosure to our accountants In so far as the trustees are aware at the time of approving our trustees. annual report: there is no relevant information, being information needed by the accountant in connection with preparing Iheir report, of which the accountant is unaware, and the trustees. having made enquiries of fellow directors that they ought to have individually taken, have each taken all steps that helshe is obliged to take as a director in order to make themselves aware of any relevant information and to establish that the accountant is aware of that information. By order of the board of trustees Kevin Johnston Date