Company Reglstratlon Numbor: N101046 Charity Numbgr: N1107869 Fight for Alfie Annual Report and Unaudited Financial Statements for the financlal year ended 31 March 2023 Niall Smlth AcGountan¢y S8rvlces Ltd 3 Forkhill Buslness Park Newry Co. Down BT35 9SG Northern Ireland
Fight for Alfie CONTENTS Page Referen and Administrative Information Trustees. Annual Report Directorfs Annual Report Statèment of Dlrectorfs Responsiblllties Independent Examlnerfs Report Statement of Financial Acltvities Balance Sheet Notes to the Financial Statements 10-13
Fight for Alfie REFERENCE AND ADMINISTRATIVE INFORMATION DITector Colleen Pontony Chalrpgrson Jam58 Pentony Charlty NumbBr In North8m Ireland N1107869 Company Rgglstration Numbor N101046 Re9iStered orrice and Princlpal Address 9 Loanda Cresent Newry Co. Down BT35 8EZ Northem Ireland Independent Examlner Niall Smith Accountancy SeNlces Ltd 3 Forkhlll Buslness Park Newry Co. Down BT35 9SG Northem Ireland
Fight for Alfie TRUSTEES, ANNUAL REPORT for the financial year ended 31 March 2023 Nature and Purpose of Charlty Esl8blished in 2016 under the Charities Act {Northem Ireland) 2008 , Fight for Afie (Charity numbér N101046> fomed as a result of Alfie's diagnosis. Colleen and Jamie Penlony, Alfie's parent. felt they needed lo do all they could lo save their child's INe. The initial objecllves of the charity was lo raise awareness of Duchenne Muscular Dystrophy and fundraise the required funds for treatrnent for Alfie, to give him the fighting chance to survive this disease. we achieved this through organised events lo fundraise and educate the public about Duchenne Muscular Dystrophy. Through the yaats. the charity development and gained a greater prasence within the communlty. we opened our arms to help and support other families going through the same., and hence developed the key objective to promote and protect the physical and mental health of sufferers of Dythenne Muscular Dystrophy through the prowsion of financial asslslance, support, education and practical advice. Activltles and Beneflts In setting our objectives and plannlng our acttviti&s for the year the trustees have given carelul consideratlon to the Charity Commission for Northem Ireland's guidance on public benefrt to ensure that the actlvltles have helped to achieve the charity's purposes and provide a benefit lo the beneficiaries. The charity held a number of fundraisers durfng the year and organised Ire8trnents for children affected by Duchenne Muscular Dystrophy in America. The family of eath child that was affected by Duchenne Muscular Dystrophy have run a variety of fundraisers and raised money that has been used to organise treatments for the childran. the charity has brought families together so that il organise these treatments centrally. belween fundraising and donation5 the charity raised £136.522 and used £138,767 directly for the purposes of treatments. both the children and thelr families have benefitted from these treatments and the wider community has also benefitted from a better awaroness of the disease. Flnancial rovlew The Charity intends to continue with tts current fundlng model whereas the famlly and communrties that are being affected by Duchenne Muscular Dystrophy continue to organlse fundralsers and the monies going directty to the charfty and then for the charity to organise trte course of trgalment in America. Admlnlstralion The charity is operated from 9 Loanda Crescent. Newry, Co Down. BT35 8EZ. The Truslees of the Charfty. who dld not receive remuneralion for their services for the charity, are as follows,. 1. Ms Ollvia Markey 2. Ms Colleen Penlony 3. Ms Shauneen Grant 4. Mr Jamie Pentony 5. Ms Emma McKevitt Jamle 10gn Pentony Data: 7 October 2024
Fight for Alfie DIRECTOR'S ANNUAL REPORT for the financlal year ended 31 March 2023 The dlrector presents her Directorfs Annual R8POrt, combining th8 Directoffs Report and Trustee's R8port, and the unaudited financial statements for the ffinancial year ended 31 March 2023. The financial statements are prepared In actsjrdance with the Companles Act 2006, FRS 102 "The Flnanclal Reporting Stsndard applicable in the UK and Republic of Ireland. and Accounting and Reporting by Charities= Statement of Recommended Practice applicable to charities preparing their financial statements In accordance wtth the Flnanclal Reportlng Standard appllcabl8 In the UK and Republlc of Ireland {FRS 1021. The Direcloffs Report contains the infomiation required to be provided in the Directorfs Annual Report under the Statement of Recommended Practice ISORPI guidelines. Th8 director of th8 charity are also charity trustees for the purpose of charity law and under the charivs constitution are krsown as members of the board of trustees. In this report the director of Fight for Alfie present a summary of its purpose, governance, actiwties. achievements and finances for the financial year 31 March 2023. The tharity is a registered charity and hence the report and results are presented in a form which cnmplles wlth the requlrements of the Companles Act 2006 and. although not obliged to comply with the Stalemer¢l of Recommended Practice applicable in the UK and Republic of Ireland FRS 102, the organisation has implemented its recommendations where relevant in these financial Statements. Flnanclal Revlew The results for the financlal yaar are sel out on page 8 and additlonal notes are provided showing income and expendlture In greater detall. Results and Dlvldends Al the end of th& financial year the charity has assets of £18,324 {2022 - £33,815) and Ilabllthes of £840 12022 £480). The net assets of the charity have decreased by £{1S.8511. Dlrector The director who servod throughout the finanaal year. except as noted. was a9 follows: Colleen Pentony In accordance wth the Constitution. the dlrector retire by rotation and. being eligible. offer themselves for reolection. Cornpliance with Sector-wide Legislation and Standards The charity engages pr¢>aclively wFth legislation. standards and codes whiGh are developed for Ihe sector. Fight for Alfie subscribes to and is compliant with the following.. The Companies Act 2006 The Charities SORP {FRS 1021 Appn>vod by the Board of DITeEtor5 on 7 October 2024 and slgned on Its bphalf by:
Fight for Alfie STATEMENT OF DIRECTOR'S RESPONSIBILITIES for the financial year ended 31 March 2023 The dlrector is responsible for preparing th8 fin8ndal statements in accordance with appllcable law and reguEation8. Company law requires the director to prepare financid statements for each financial year. Under that law the director has elected to prepare the flnan¢ial slalements In accordance wlth Unlted Kingdom Generally Accepted Accounting Practice {United Kingdom Accounting Stsndards and applicable lawl induding FRS 102 Yhe Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entiliesl- Under company law the director must not approve tha financial statements unless she Is satisfied that they givg a true and falr vlew of the ststg of affairs of the company and of the profil or loss of the company for that period. In prepadng these financlal statements. the director is required to: select suitable accounting policies and apply them consislenuy; make judgements and estimates that are reasonable and ptudent, state whether the financial ststements have been prepared in accordance wlth the relevant financial reportrng framework. idenlrfy those standards, and note the effect and the réasons for any material departure from those standards. and prepare the financial statements on the going concem basls unless It Is Inappropriate to presume that the eharlty wlll continue in operation. The director confimis that she hos complied with the above requirements in preparing the financial statements. The director is responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with roasonable accuracy at any time the financial position of the charity and enable them to ensure thal the financial ststements comply with. Sh8 is also responsibl8 for safeguardlng the assets of the charity and hence for taking reasonable steps for the prevention and detectlon of fraud and other irregularities. Approvod by the Board of ctors on 7 Octob9r 2024 and slgned on Its bohav by:
Fight for Alfie INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF DIRECTORS OF FIGHT FOR ALFIE We have examined the finandal 8tat8ments of the charity for the finan81 y8ar ended 31 Mar¢h 2023, which comprise the Statement of Flnancial Activities (incorporating an Income and Expendlture Account). the Balance Sheet and the related notes. This report is made solely to the charity's members, as a body, in accordance wÈth Chapter 3 of Part 16 of the Companies Act 2006. Our work has been undertaken so that we might compile the financial slatemenls that we have been engaged to compile, report to tha Board of Directors that we have done so, and stale those matters that W8 have agreed lo state lo them in this report and for no other purpose. To the fvllesl extent pemitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's members, as a body, for our work, or for this report. Respectlve responslbllltles of director and examiner The charity's tnjstees (who are also the directors of the company for the purposes of company law) is responsible for the preparation of the financial statements in accordance with the requirements of the Companles Act 2006. The charitys director consider that an audit is not required for this finan81 year under Chapter 3 of Part 16 of the Companies Act 2006 and that an independent examination is required. It is our responsibility to: examine the financial statements under sectlon 65 of the Charities Act., follow the procedures laid down by th8 general DIrelonS given by the Charity Comm15510rt for Northem Ireland under section 65(9)(bl of the Charities Act.. and stale whether particular matters have come to our attention. Basls of Independent axamlnerfs réport We have examined your charity financial statements as required under section 65 of the Charities Act and our examination was carried out in accordance with the general Diréctions given by the Charsty Commission for Northem Ireland under seotion 65{9llb) of the Charlties Act. An examination Includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disdosures in the financial statements and seeking explanations from the director conceming any such matters. The procedures undertaken do not provld8 all the evidgnce that would be required in an audit and consequently no opinion is given as to whether the acuntS present a 'true and fairf view and the report is limited to those matters set out in the statement below. In connection with our examination. no matter has come lo our attention which gives us cause to believe that in, any material respect.. accounting records ware not kept in aGcordan with section 386 of the Companl8s Act 2006 the flnancial slalements do not accord wlth those accounting records the finanGial statements have not been prepared in accordance with the accounting requirements of section 396 of the Gompanies Act 2006 and wlth the methods and principles of the Statement of Recommended Pr8cllce applicable to charities preparing Ihelr accounts in accoTdance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS1021 there is further infomialion needed for a proper underslandlng of the acwunts to be reached. Independent oxamlner's statement We have no concerns and have come across no other matters in connection with the examination to which attention should be drawn In this report In order to enable a proper understanding of the financial statoments to be reached. (, NIALL SMITH ACCOUNTANCY SERVICES LTD 3 Fofkhill Business Park Newry Co. Down BT35 9SG Northem Ireland Date: 7 O¢tob•r 2024
Fight for Alfie STATEMENT OF FINANCIAL ACTIVITIES Ilncorporating an Income and Exp•ndlturo A¢countl for the financial year ended 31 March 2023 Unrestricted Funds 2023 Total Unrestricted Funds Funds 2023 2022 Totsl Funds 2022 Notes Income Charllable adivities - Grants from govemmBnts and other COThfunders Other tradlng actfvltle$ 136,522 136,$22 258,869 258.869 Total Income 136.522 136,522 258.869 258,869 Expendlture Charitable actiw&es 152.373 152,373 252,346 252,346 Net Incomel{expendlturo) (15,851) (15,851) 6,523 6,523 Transfers botween fvnds Net movement In funds for tho Ilnanclal year 115.851) (15.851) 6,523 6.523 Reconclllallon of funds: Total funds beginning of the year 33.335 33,335 26,812 26,812 Total funds at the end of th8 ygar 17,484 17,484 33.335 33.335 The Statement of Financial Activlties includes ail gains and losses recognised in the finan¢ial year. Al incom8 and expenditure relate to continuing activities. Th? noies on pagas 10 to 13 forni part ofthg finandal ststomants
Fight for Alfie Company Number.. N101046 BALANCE SHEET as at 31 Mar¢h 2023 2023 2022 Current Assets Debtors Cash at bank and In hand 1,173 32.642 18,324 18,324 33,815 Cr•ditors: Amounts falllng due wlthln one ygar (840) 1480) Net Current Assets 17A84 33.335 Totsl Assets less Current Llabillties 17A84 33,335 Funds General fund (unrestricted) 17,484 33,335 Total funds 17,484 33.335 These flnan¢ial statements ha been prepared in accordance with the special provlsions relallng to small companies within Part 15 of th& Companies Act 2006. For the financial year ended 31 March 2023 the charity was entillBd to exemption from audit und6r sectlon 477 of the Companies Act 2006; and no notice has been deposited under section 476. The director confimis that the membets have not requlred the company to obtain an audit of its )Inancial statements for the finanGial year in question in accordance with section 476 of the Companies Act 2006. The director acknowledges her responsibilities for ensuring that the charity keeps accounting r8cords which comply with section 388 and for preparing financial statements which give a tnje and fair view of the slate of affalrs of the charity as at the end of the financial year and of ils profft and loss for the financial year in accordance with the requirements of sectlons 394 and 395 and whlch olheN4ise comply with the roquirements of the Companies Acl 2006 relating to financlal statements. so far as applicable lo the charity. Th8 financlal statements have be8n pr8pared in accordance with the provisions applicable to mpanIeS subject to the small Companies, regime and in accordance with FRS 102'The Finandal Reporing Standard applicable in the UK and Republlc of Ireland.. applying Section 1A of that Standard. Approved by the Board of Dlrectors and aulhorlsed for Issu8 on 7 October 2024 and slgned on its behalf by The notè5 on pagès 10 to 13 fom part ofthe flnancial statgrnents
Fight for Alfie NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 Marth 2023 GENERAL INFORMATION Fight for Alfie is a company limited by shares inGorporated in Northem Ireland. The registered office of the charity is 9 Loanda Cresent, Newry, Co. Down. BT35 8EZ, Northem Ireland which is also the principal place of buslness of the charity. The financial statements havo been presented in Pound (£1 which is also th& fijnctional currency of the charity. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting pollcles have been applied consistently In dealing with items which are considered material In relation lo the charity's financial slatemenls. Basls of preparatlon The financial statements have been prepared on the going concèm basis under the hlslorical cost convention, modlfied to include certain items at falr value. The financial slalements have been prepared in accordance with the Statement of Recommended Practice ISORP}'Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applio8ble in the UK and Republic of Ireland FRS 102., aptAying Section 1A of that Standard. As permitted by the Companies Act 2006. the charity has varied the standard forniats in that act for the Statement of Finandal Activities and the Balance Sheet. Dèpartures from the standard formats are tr) Gompty with the requirements of the Chariues SORP and are in compliance with section 4.7, 10.6 and 15.2 of that SORP. Statement of compliance The financial statements of the charity fr)r the financial year ended 31 December 2017 have been prepared on the going concem basis and in accordance with the Statement of Recommended Practice {SORP) "Accounting and Reporting by Charities preparfng their accounts in accordance with the Financial Repoitng Standard applicable in thè UK and Republic of Ireland FRS 102. applying Section 1A of that Standard. Fund accounting The following are the categories of funds maintalned: RestrlGtgd funds Restricted funds represent income reeewed which can only b8 used for particular purposes. as specffied by the donofs. Such purposes are within the overydll objectives of the tharity. Unrèstrlcted funds Unrestricted funds consist of General and Deslgnated funds. Gener81 funds represent amounts which are expendable at the dlscretion of the board, In furtherance of the objectives of the charity. Designated funds comprise unrestrtcted fund¥ that the board has, at tts discretion, set aside for particular poSeS. These designations have an 8dmlnistrallve putpose only, and do not legally restTlct the board's discretion lo apply the fund. Income Income is re¢ognised by induslon in the Slatemanl of Flnancial Activities onty when the ¢harity is 18gal entitted to the income, porfoTmance condltions attaGhed to the Item{sl of Incomo have been mat. the amounts Involved can be measured wlth sufficient reliabillty and it is probable that the income will be received by th8 charity. Incomo from charitablo actlvltl•s Income from charitable actwities indude income eamed from the supply ol services under contractual arrangements and from performance related grants which have conditions that specify the provislon of particular servi$ to be provlded by the charity. Income from govemmenl and other co-fundors Is recognlsed when the charity is legally entiued to the income because it is fulfilling the conditions contained in the related fvnding agreements. Where a grant is received In advance, ils recognition is deferred and included in creditors. Where entement OCCUfS before in¢ome Is received, It Is arUed in debtors. Grants from govemments and other ¢nderS typically indude one of th& followlng types of conditions: Performance based conditSons.' whereby the charity is contractually enlltled to fvnding only to the extent Ihal the core objectives of the grant agreement are achieved. Where the charity is meeting the core objective8 of a grant agreement. it recognises the related expenditur&, to the extent that it is reimbursable by the donor. as 10
continued Fight for Alfle NOTES TO THE FINANCIAL STATEMENTS for the finan¢lal year ended 31 March 2023 income. -Time based condition$'. whereby the charity is contractualty entitled to fvndlng on the Gondltion that it Is utilised in a particular period. In these cases the Charity recognises the income to the extent it Is ulilised withln the period specified in the agreemenl. In the absence of such condilions, assuming that recelpt is probable and the amount can b8 reliably measured, grant income is recognised once the charity is notified of entitlement. Grants receNed towards capital expenditure are credited to the Ststement of Financial Activities when received or receivable, whichever is eadier. Expendlture Expenditure is analysed betsveen costs of charitable a¢tlvities and raising fvnds. The costs of each activity are separately accumulated and disdosed. and analysed according to their malor components. Expenditure is recognised when a legal or constructive obligation exists as a resuS1 of a past event, a transfer of economic benefits is required in settlement 8nd Ihe amount of the obligation can be reliably measured. Support costs are those functlons that assist the work of the charlty but cannot be attributed to one aGtivity. Such costs are allocated to activitles in proportion to staff time spenl or other suitable measure for each activity. D8btors DebloTS are recognised 8t the s8tUement amount due after any discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Income recognised by the tharity from govemment agencies and other clunderS. but not yet recelved at financlal year end, Is includéd In debtors. Cash at bank and In hand Cash at bank and In hand comprises cash on deposit at banks requlrlng less than three months notice of Ihdrawal. Taxation and defgrrnd taxatlon No current or deferred taxation arises as the charity has bean grantèd charitable exemptior¢. Irrecoverab16 valued added tax Is expensed as incurred. Deferred tax is recognised in respect of all timing differences that have originated but not reversed ot the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax the futur8. or a right to pay less tax In the future. Timing differences are lemporary differences beeen the chariws taxable profits and its results as stated in the financAal statements. Deferred tax Is measured on an undlscounted basis al the tax rate5 that are antlcipated to apply in the periods in which the timing differences aré expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date. INCOME CHARITABLE ACTMnES Unrestrlcted Restrlcted Funds Funds 2023 2022 Grants from govemments and other co-funders: Income from charitable activities 136.522 136,522 OTHER TRADING ACTIVITIES Unrgstricted Restrleted Funds Funds 2023 2022 Other trading 8clvltles 258.869 EXPENDITURE CHARITABLE ACTNITIES Dlrect Costs Other Costs Support Costs 2023 2022 Expenditure on charitable actlvltes 138.767 13,606 152,373 252.346 11
Fight for Alfle NOTES TO THE FINANCIAL STATEMENTS )ntlnued for the financlal year ended 31 March 2023 SUPPORT COSTS Charftable Actlvltlos 2023 2022 Supp( 13,606 13,606 15,850 ANALYSIS OF SUPPORT COSTS 2023 2022 Support 13.606 15.850 DEBTORS 2023 2022 Other debtors 1.173 1,173 CREDITORS Amounts falllng dug wlthln one year 2023 2022 Accruals and deferred Income 840 480 RESERVES 2023 2022 At the beglnnlng of the yaar (Defieitysurplus for the fin8n¢ial year At the end of the yaar 33,335 115.851) 26,812 6.523 17,484 33.335 FUNDS RECONCILIAMON OF MOVEMENT IN FUNDS Unrestricted Funds Total Funds Al 1 April 2021 Movement dudng the ffnancial year At 31 March 2022 Movement dung the finan¢ial year 26.812 6,523 26,812 8,523 33,335 {15,851} 33,335 115.8511 At 31 Marth 2023 17,484 17.484 9.2 ANALYSIS OF MOVEMENTS ON FUNDS Balance 1 Aprll 2022 Incomo Expenditure Transfers betwoon funds Balance 31 March 2023 Unreslrfcted funds Unrestricted General 33,335 136.522 152,373 17,484 T4)tal funds 33,335 136.522 152,373 17,484 12
conUnued Fight for Alfie NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2023 ANALYSIS OF NET ASSETS BY FUND Current assets Current Ilabllltles Total Unrestricted general funds 18,324 18401 17,484 18,324 18401 17,484 10. POST-BALANCE SHEEf EVENTS There hav8 bean no $5gnlficant events affect5ng Ihe Charity since the finaftclal year*nd. 13