Eoln Henry Foundatlon Ltd 'Company Llmlted By Guarantee, Report and Flnanclal Statements For the year ended 30 June 2024 Report of the trustees for the year endlng 30 June 2024 The trustees are pleased lo present their annual directors, report together with the financial statements of the charity for the year ending 30 June 2024 which are also prepared to meet the requirements for a directors. report and accounts for Companies Act purposes. The financial statements comply with the Charrties Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounttng and Reportin9 by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effeth've 1 January 2015). The purposes of the charity Eoin Henry Foundatr'on Ltd was established to help promote the relief of sickness and the preservation of health among people residing permanenty or temporanty in Nonhem Ireland. Our volunteers Our volunteers indude those named as Trustees (induding Chair Trustee), the Secretary and other persons who offer their voluntary Servi on an ad hoc basis. Achievements and perforniance The charity has managed to provide services and support to both local and regional charities and persons in need. Regular donations and fundraising hav• been fundamental to the success of the charty as well as voluntary services provided by the Trustees. Secretary and other members of the local communty. On the 14 December 2020, the Eoin Henry Foundation Ltd was officially placed on the Charity Commission register under Charty Number 107854. Flnanclal rnvl•w During 2024. the Chariws primary fundraising event was the Annual Gala Ball. which was a sgnfficant success and played a cruaal role in supporting its ongoing objectsves. The Chanty ber* having no fixed running costs, as all Trustee ath'vrties are carried out on a vduntary basis. While there was a net deficit of funds at the year-end. this was due to an inuease in direct donations made to local chanties from the fvrKls raised. These donats'ons were covwed by the Charity's reserves. ensuring it remains a going concem. The reserves indude the remainlng fvnds raised, which were distributed to mor8 than 20 k)cal charities after the Y4nd. Re•ervM pollcy and golng concorn The trustees have revlewed the re8erve8 of the charty. The policy is to hold enough fvnds to meet four months operating c08ts of the charity. Plan• for luture perlods The Tru6te6s will contlnue to Identlfy local registered charrties in need of funds to help the relief of 81ckne88 and the preservation of health among people residing permanently or temporarily In Northem Ireland.
Eoln Hry Foundatlon Ltd 'Company Llmlt•d By Guarnntm, Report and Flmnclal Statem•nts For the y•ar •nd 30 Jun• 2024 Reference and admlnlstratlv• ddalls C7panY nwnber. N1646672 Charity number. 107854 127 AgNey Road Kilrea BT514AY http.11¥.eoInhenryf0undation.cOM Advlsors JohnstonGrieve Chartered Accountsnts 3 Wellington Park Belfast BT9 6DJ Danske Bank Ballymoney Northem IrelarKI Stephen Henry Veronka Henry Kwfn Johnston
Eoln Henry Foundatlon Ltd 'Company Llmlted By Guarante•, Report and Financial Statements For the year ended 30 June 2024 Structure. Governance and Management Governlng document Eoin Henry Foundation Ltd is operated as a community associatson followtng the same format as a company limited by guarant govemed by its MemorarKlum 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 rewibnent 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 receive remuneration for actsvitses relating to the chaiity. Organisation The board of trustees administers the charity. The board normalty meets quarterly and covers development, membership and finance. A Chair is appointed by the trustees to manage the day-to-day operations 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 adivty. Admlnlstratlon 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 fvrKls raised as possible direct to local charities. The most significant of these are: EFS {Nl) Ltd JohnstonGneve Chartered Accountatts. Prlncipal funding sources The charity's main source of income is giving at fvndraising events. GivirvJ at organised events is both generous and encouraging. Voluntary donations by direct debit I standing order transactions are also received throughout the y&qr.
Eoln Henry Foundatlon Ltd 'Company Llmlted By Guarantee, Report and Flnanclal Statements For the year end 30 June 2024 Trustee's responslbllltles In relatlon to the flnanclal statements The chanty trustees of Eoin Henry Foundation Ltd are responsible for preparing a tntstees, annual report and financial statements in accordance wrth appliGqble law arKI United Kid0M Accounting Standards (United Kingdom Generalty Accepted Accourrting 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 reSoUrS and application of resources. induding the income and expendtture, 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 consistenty: observe the methods and principles in the CharTties SORP. make judgements and estimates that are reasonable and pnjdent: state whether applicable UK accounting standards have been followed. subj'ect to any material departures disdosed and explained in the financial ststements: prepare the financial statements on the going concem basis unless it is inappropriate to presume that the chanty will continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial posrnon of the Charrty and to enable them to ensure that the financial ststements comply with the Companies Act 2006. They are also responsible for safeguarding the ats of the charity and the group and hence takn'ThJ reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate 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 dlsclosure to our accountants In so far as the trustees are aware at the time of approving our trustees, annual report there is no relevant infonnation. being infomation needed by the accountsnt in connects.on wrth preparing their 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 estsblish that the accountsnt is aware of that infomiation. order of the l)oard of trustees Kevin Johnston 26