Charlty number: NIC 107981 Company number: N1666608 THE JOHN AND PAT HUME FOIJNDATION FOR PEACEFUL CHANGE AND RECONCILIATION (A company limited by guarantee) Trustees, report and r]nancAal statements for the year ended 31 December 2024
THE JOHN AND PAT HUME FOUNDATION FOR PEACEFUL CHANGE AND RECONCILIATION (A company limited by gllaralltee) Contents Pag¢ Legal and administrativ¢ infornlation Trustses, report (including the Statsment of Directors Responsibilities) Independent Bxaminerfs Report Statement of financial activities io Balance sheet li Cash flow stat¢m¢nt 12 Notes to the fumncial statements 13-19
THE JOHN AND PAT HUME FOUNDATION FOR PEACEFUL CHANGE AND RECONCILIATION (A company limited by guarantee) Legal and administrative information Charlty number NIC 107981 CompaDy registration number Nt666608 Business address 2 Lake Glen Green Belfast BTII 9AB Registered office 2 Lake Glen Green Belfast BTII 9AB Trustees Dawn Purvis (Treasurer) Dr Sean Farren Professor Paul Arthur Mary M¢Ivor John Hume (Chairperson) Michael Charles Nesbitt Sara Canning John Mark Durkan Hugh Logue Kieran McLougblin Tom Arnold Sean Donlon Professor Mo Hume Linda Ervine Doire Finn Paula K¢lly Lauren Alalla Kerr Niall Martin Kelly Resigned 09 April 2025 Appointed 09 April 2025 Key management personnel Tim Attwood Ac¢ouDtallts McDaid M¢Cullough Moore 28-32 Clarendon Street Deny N.Ireland BT48 7HD PAge I
THE JOHN AND PAT HUME FOUNDATIOI FOR PEACEFUL CHANGE AND RECONCILIATION (A company limlted by guarantee) Legal alld admlnistrative inforniation Bankers Allied Irish Bank 35 UniveTSity Road Belfast BT7 IND Page 2
THE JOHN AND PAT HUME FOUNDATION FOR PEACEFUL CHANGE AND RECONCILIATION (A company limited by guarantee) Report of the trustees {incorporatlDg the directors, report) for the year ended 31 December 2024 The trustees present their report and the financial statements for the year ended 31 December 2024. The trustees (who are also directors for company law purposes) who served during the year and up to the date of this report ar¢ set out on page l. Tliis repoi'l is prepared in acrorddnce witli Accouiiting and Reporting by Charilics., St2& tement Of Recogiiised Practice Applicable lo cliarilics prepariiig tlieii. llccounts in accordan¢¢ with the Financial Reporting Standard ai)plicllble in the UK and Republic of Ireland (FRS 102). The trustees appr¢ciate the support provided by fimders and the dedication of staff, during the year. Structureg governance and managenient Governing doct4ment The John And Pat Hume Foundation For Peaceful Change And Reconciliation is a charitable company limited by guarantee not having a shar¢ capital. The company is recognised as a charity by the Charity Commission Nt (registration number NIC107981). The company was incorporat¢d on 18 December 2019 and the gov¢rning document of the entity is tb¢ Articl¢s of Association dat¢d 24 March 2020. Organisational slnlclure The company is manag¢d by the trustees who are chosen based on their skills and professional backgrounds so as to ensure a wide range of experi¢nce is repres¢nted on the board. Tnte¢S meet bi-monthly to review perfonnanc¢, det¢rniine strategie5, ass¢ss risk and plan future policies. The Foundation is managed daily by secretary Tim Attwood and a senior employee who are responsible for ensuring that The John And Pat Hume Foundation complies with all statutory regulations. The Foundation is an qual opportunities ¢mploy¢r committ¢d to positiv¢ policies on recrnitm¢nt, training and ¢ar¢¢r development for staff members (and potential staff members) regardless of marital status, religion, ethnic origin or disability. Appoipument & training oftrMsÈe New trustees are nominated by current twstees. Induction and training of new trustees is provided by existing trustees and employees. Principal rish and 1certainti¢ The trustees have conducted their own review of the major risks to which the company is exposed and systems have been established to mitigate those risks. The trustees continually monitor their exposure to fthancial risk. Giv¢n the size of the ompany> the trustees have not del¢gated the responsibility of monitoring financial risk to a sub committee. The financial viability and sustainability of the company is a major risk recognis¢d. The ttustees continually strive to source additional or new funding. Business and fmancial risk is managed by ensuring appropriate staff, with the necessary experience, are in place and budgcts and forecasts are prepared and reported on monthly. The reporting network makes use of IT Systems such as Word and Ex¢¢1 and other software packages which are continuously updated and maintained. The Centres, principal financial assets and liabilities includes debtor5, cash and creditors. Associated risks include liquidity risk. To minimize liquidity risk, material purchases are carefully planned to ensure appropriate cash flows exist to meet operational costs. Internal risks ar¢ minimised by the implementation of controls and procedures for authorisation of all transactions. Page 3
THE JOHN AND PAT HUME FOUNDATION FOR PEACEFUL CHANGE AND RECONCILIATION (A company limited by guarantee) Report of the trustees (incorporating the directors, report) for the year ended 31 December 2024 Objectives and %¢tivities The principal objectives of the foundation are to advance non-violent pea¢ethl change-making for present and tUre generations iti both divided societies nationally and confli¢t zones internationally) encompasslng social and economic justice, democratic progress, and the building of inclusive and resilient communities as fundamental comerstones of sustained pea¢e' To promote reconciliation and nurture bonds of collaboration, embedding principles of justi¢e, inclusion, mutual understanding and trust between individuals and groups in conflict nationally and internationally. Th¢ "Mission" of th¢ trustees is to to promote and advance John and Pat Hume's legacy of a peaceful and non-violent philosophy of change founded on their principles that: Peaceful chang¢ is a collaborative process that is thlly inclusive. Peace1 change is built on a respect for difference; and - Peaceful change takes a long-terni view and supports evolving perspectives. Public benefit The Tnte¢S considered guidance from the Chaiity Commission for Northern Ireland in relation to the public benefit statement. The statOry guidance states the objects and prin¢ip81 activities of the charity which show that the public benefit that "will flow from the purposes of the foundation are increased learning, awareness and ¢xpeTience to enhance peaceful and non-violent changemaking for the benefit of individuals* groups and communiti¢s impacted by conflict and violence in divided communities in Northern Ireland, Ireland and conflict zon¢s internationally." Achievements During the year a series of events were held promoting the objectives of The Foundation:. January EU Parliament OffJ¢e John Hume Exhibition The EU Parliament Office, in partnership with UU and the Hume Foundation launched an exhibition in UU Magee about John Hume in Europ¢ and to n]ark the Good Friday Agreement. February HiriroshimatNagasaki Foundation T.he Hume Foundation dev.gloped, a relationship with HiroshItiagaSakl Foundation to promote peace and reconciliation. As part of the Hiroshima/Nagasaki exhibition in the Linenhall Library, the Hume Foundation hosted an online event in February 2024 with a testimonial from Mrs. T¢ruko Yahati a Hiroshima survivo[ and a vidim's repr¢sentative Alex Bunting from WAVE NI. Building Common Ground, Recon¢iling Relations.. Belfast, Dublin, London. The Hume Foundation, in association with IIEA in Dublin, hosted a Building Common Ground discussion in February 2024 with Jarlath Kearney, Sen. Emer Currie and David Graham, fornier DUP Special Adviser. Westminster - Claire Hanna MP and Gavin Robinson MP spoke in Westminster on Building Common Ground - A New Start for East West Relationships. Page 4
THE JOHN AND PAT HUME FOUNDATION FOR PEACEFUL CHIINGE AND RECONCILIATION (A company limited by guarantee) Report of the trustees (incorporatAng the directors, report) for the year ended 31 December 2024 March Ethical Political Discourse The Hume Foundation continued to work in pathership with Glencree Peace & Reconciliation Centre and Jo Cox Foundation on promoting ethical and respectful political discourse. We met the Irish and Nl Electoral Commission and NI Asseiiibly ,Sland¢irds Coiiiniission¢r. the Local GovLrniiient Oiiibudsinai), Speaker Edwin Poots MLA. CLiarin Coll]hairlc of thc Dull Sethi O Fieai'ghall who launch¢d <1 report 011 Sofer Pc1rtic,ii)olini) in Pi)litical Life and Ihe Loral Government Ombudsman. ReSpeCt1POlItIcs- Civility Pledge As part of the IMAGINE! Festival, the Hume Foundation and Glencree launched the Civility Pledge and hosted an in person discussion in the Cr¢scent Arts Centre in March 2024. Resp¢ctfu]Politics Event The Hume Foundation facilitated an event with NILGA and AILG (Councillor organisations North and South) on 'Cross Bord¢r Project on the Promotion of Leadership at Local Level and Civility in Public Life,. April EU Parliament OtTice John Hume Exhibition Coleraine The EU Parliament Office, in partnership with UU and the Hume Foundation, launched th¢ John Hume "H¢ Made Hope and History Rhyme" exhibition in UU Colerain¢ about John Hume in Europe and to nmrk the Good Friday Agreement. It honoured the work of Dr Séan Farren. Douglass Week The 4th annual Douglassweek took place in April 2024 in Belfast. The Douglassweek event series celebrates and advances the legacy of Frederick Douglass around the world. Peace Summit 2024 As the lead partner, the John and Pat Hume Foundation negotiated funding with the Intemational Fund for Ireland for Peace Summit 2024, a partnership which included The Holywell Trust, YouthAction NI, Ulster Unlversity, the Glencree Centre for Peace and Reconciliation, Community Dialogue, and Integrated Education Fund. The programme included: Youth Peace Summit 2024 organised in partnership with youth organisations in NI and cross border in April 2024 in UU Magee. Consultation on Inclusive Peace Plan Community Dialogue Consultation (50 NI and Cross Border sessions) Gl¢ncree All Ireland Womens Peace Plan Engagement Glencree Cross School Cross Border Engagement Peace Summit 2024 Public Awar¢n¢ss Campai Celebrating the Quiet P¢ac¢maker5 event Forgiveness RedefJned- In Conversation with Candice Mama Candice Mama, a South African Human Rights Artivist and Influencer, spoke at the Youth Peace Summit hosted by the John and Pat Hum¢ Foundation. Page 5
THE JOHN AND PAT HUME FOUNDATION FOR PEACEFUL CHANGE AND RECONCILIATION (A company limited by guarantee) Report of tbe trustees (incorporating the directors, report) fr tbe year ended 31 December 2024 May The Foundation hosted a seminar on "Finding common Ound, building community: strengthening and stimulating terttary re£ional collaboration in the north-west of the island of Ireland" in conjunction with Royal Irish Academy in May 2024 in the Atlantic Technological University Letterkenny. The John and Pat Hume Foundation hosted a seminar on The SunnirAgdale Agreement- 50 years on in May 2024 in Ulster University, Belfast Campus. The event organised in a$so¢iation with the Sir Edward Heath Foundation, r¢flected on the Sutmingdale Agreement- 50 years on with Yi¢ws from key diplomats involved in the Sunningdal¢ negotiations, peopl¢ involved in th¢ power sharing executive and grassroots voices. June Futur¢ Politics The Nl Office hosted a conversation on Future Politics in Hillsborough Castle in June 2024 with fornier MLAS. SPADS and representatives from NIO and DFA. University of Glasgow- Our Heritage, Our Stories Project The University of Glasgow with Leverhulme funding developed Our Heritage, Our Stories.. Linking and searching community-generated digital content to develop the people's national collection. The Hume Foundation secured funding for the digitalisation of 34 original John Hume Tapes recorded in 1985 by Barry White for his book entitled John Hume.. Statesman of the Troubles and digitalisation of a number of videos and recording of 20 individual video messages from quiet peacemakers. July EU Parliament Office John Hume Exhibition - B¢lfast The EU Parliament Office John Hume Exhibition was displayed in the UIster University Belft Campus from July 2024. November Recognising the Rol¢ of Quiet Peacebuilders Quiet Peacemakers were recognised at an event in the Guildhall in Derry in November 2024 with Mayor of D¢rry, Cllr Lillian Seenoi-Barr Paddy Harte, Chair of IFI and Daphne Trimble. Nl Human Rights Festival - The Impact of Paramilitary-related Gend¢red Coercive Control The John and Pat Hume Foundation hosted a discussion on The Impact of Paramilitary-related Gendered Coercive Control in December in the Belfast Campus of Ulster University. December Simon Coveney- 4th John Hume European 'Spirit of Peace, Lecture The John and Pat Hum¢ Foundation and IIEA invited Simon Coven¢y* fornier Minister for Foreign Affairs and Trad¢, to deliver the 4th John Hume European 'Spirit of Peace, Lecture in De¢¢mber 2024 in the offices of IIEA. Women's Charter for Inclusive Constitutional Futures The Transitional Justice InStite at Ulster University and the John and Pat Hum¢ Foundation hosted the launch of the Women's Charter for Inclusive Constitutional Futures in December 2024, in Ulster University Derry/Londondery. Page 6
THE JOHN AIYD PAT HUME FOUNDATION FOR PEACEFUL CHANGE AND RECONCILIATION (A company limlted by guarantee) Report of the trustees (incorporating the directors, report) for the year ended 31 December 2024 Finaneial review The John And Pat Hume Foundation For Peacful Change And Reconciliation, similar to other charitable organisations, arc experiencing r¢ductions in funding. It is essential that we contilluously monitor expenditure and operate economically whilst rnaintaining an efficient and effective service and, where possible, rcduce reliance on publi¢ funding. Incotne for the year was £101.895 (2023 L195,U-15). Exp¢nditUTe for the yedr Wds £144.855 (2023 £205,004). A detailed analysis of iiicome and exptsndituie is provided in notes 2 to 7 of the fiiiaiicial Slat¢mciils. The re5111ting deficit at 31 D¢¢einber 2024 was £42,9C)0 (2023 dcficit £9,929). N¢t assets at the balai)ce sli¢et (11( te were £26,718 (2024 - £69,678). Given the difficult circumstances in which the foundation find5 Itself, the trustees are satisfied with the perforniance and results of the charitable company during the year. Annual funding for core services provided by th¢ Foundation from th¢ International Fund for Ir¢land and the Department of Foreign Affairs, continues to be vital to the daily operations. R¢serYes The trustees have examined the charitys requirements for reserves taking into account the risks that have been recognised. The unTestricted reserve requirement, should major funding Streams end, is esliinated to be betweeii Ilii'eo and six months of operating costs, which in the event of closure woiild also inclLI(le rcdiindancies. The Iriislces ontlnuously monitor this requirement. Principal restricted fvnding sources PrincApal fijnding source5 during the year includes: - Donations. - Departh)ent of Forei Affairs Reconciliation Funding) and - International Fund for Ireland - Communitieg An Partnership Programme. Plans for future periods Th¢ trustees tUre aims are to PTQtect John and Pat Hume's legacy and to promote the lessons of peaceful non-violent change. W¢ will strive to promote - John & Pat Hume's vision of Reconciliation. - Challenge exclusion. injustice and the denial of rights; and - Promote democratic progress based on dialogue alld resp¢¢L Page 7
THE JOHN AND PAT HUME FOUNDATION FOR PEACEFUL CHANGE AND RECONCILIATION (A company limited by guarantee) Report of the trustees (incorporating the direetors, report) for the year ended 31 December 2024 Statement of trustees, responsibilities The trustees are responsible for preparing the annual report and the financial stateTnents in accordance with applicable law ]d United Icingdom Accounting Stondords (United Kingdom Generally Acc,e,pted Ac,cniiMting Prathi¢¢). Company law requires the trustees to prepare financial statements for each fmancial year which give a true and fair view of the state of uffaiis of tlie charil(IblLt compa]iy and of Llie ii)coining resoui'ces and applicolioii of re50iiI'ccs, including the inconie and expeiiditure, of the cliariwble GOJiiPdliy for tliat period. In preparing 11i¢5e fall(la1 sliileincnls, the irustees are required to.. s¢lect suitabl¢ accounting policies and then apply thern consist¢ntly' observe the methods and principles in the Charities SORP 2019 (FRS 102). make judgements and estimates that ar¢ reasonabl¢ and prudent. state wh¢th¢r applicable UK accounting standards have been followed SUbjt to any material departures disclos¢d and explained in the financial statements. and prepar¢ the fmancial statements on the going concern basis unless it is inappropriate to prcsume that the charity will continue in operation. The trustees wish to express their sincere thanks to employees. consultants and funders for their support & dedication. which has enabled the Foundation to continue to promote the legacy of John and Pat Hume. McDaid Mccullough Moore were appointed accountants during the year and the trustees recommend that McDaid Mccullough Moore remain in office until further notice. Small eompany provisions This report has been pr¢pared in accordance with the provisions applicable to companies entitled to the small companies exemption. This report was approved and authorised for issue by th¢ Trustees on 17 November 2025 and signed below on its behalf. John Hume (Chairperson) Trustee Page 8
THE JOHN AND PAT HUME FOUNDATION FOR PEACEFUL CHANGE AND RECONCILIATION (A company limited by guarantee) Independent Examiner's Report to the Trustees of TT.IE JOHN AND PAT HUME FOUNDATION FOR PEACEFUL CHANGE AND REI CONCILIATION I report lo Ilie cliarity ti'ustecs oil Iny examinotion of tl)¢ finiincial stAtem¢nts of THE JOHN AND PAT HUME FOUNDA'I'ION I.'OR PEACEFUL CFIANGE AND RECONCILIAI"ION lor tlle yLar ¢nded 31 D¢ceiiiber 2024 which coinpri8e Ilie 5tatemenl of finaiicial aLlivities, the balance sheet, tli¢ ¢lc sli flow statLineiit aiid tlie relatLd noles. Respective responsibilities of the truste&s and examincr As Ili¢ ch<1rity ti'usl¢es (and also the directors of tlie ¢onipuny tor the purposes of compiiny l¢tw) yoii are r¢sponsiblc for (U'lc tion of ilie accounts in accordance with Ilie Comp16 nies Act 2006. I-luving satisfied iiiysclf that the cl)¢l1'ily IS the prLI)' not subjLcl to audit under conipany law, and is ¢ligible for indep¢iident examinnl'ion, it is my responsibility to.. examine the accounts under s¢ction 65 of the Charities Act (Noi'ihorii Irel&nd) 2008.. - follow the procedures laid down in the general directions given by th¢ Ch14 l'ily Comiiiission for Northern Ireland under section 65(9)(b) of the Charities Act. and - state whether particular matters have come to my attention. Basis of indepeDdent examiner's report I havo exdiiiiiied your chariiy uccounts as required under s¢clion 65 of Ilic Cljarily Act uiid my exaiminiilion was cai'i'lcd oiit in accor(laiice willi tli¢ g¢iieral dircctions given by the Cliarily cuininis5ioiI Eor North¢rii IrL'ltiiid iindcr ,Icction 65(9)(b) of the Cl)Arities Act. Tli¢ exaininatioii included a revlew of Ilie IlLCI)iinliii&p I'ccord.s k¥pt by Ilie clic1rily iiii(l a oIiiparison of tli¢ accounls presentcd witli Ilios¢ records. It also includes consideration of any unusual items or dis¢losures in die llccounls, and seekiiig ¢xplanatioIis from you as charity twstees concerning any such matters. My role is lo state wliether any niat¢rial matters have come to tny attention giving me cause to b¢lieve'. l. Thlll ac¢ouiiting records werc not kept in accordance ivith section 386 of the Companies Act 2. Thut the accounts do not accord witli tliose accoiinting records 3. Tliut the accounts do not Lomply willi tlie aL¢ounling requiremcnls of section 396 of th¢ Compcinie% ALt 20U6 and with I'lie In¢thods and prii)cipl¢s of tlie Charities Sli¥tei)ieiit OC R¢GommLiided l)rticti¢c applicablo to cl)arities prepariiig tlieir accounts in ac¢oi'daiic¢ with 11)e fiiiaiicial Ileporling sl¢111dEtrd applicable in the U K and Il¢piibli of Ireland 4. That there is further inforniation needed for a proper understanding of the accounts to be reach¢d. Independent examiner's statement I have completed my examination and have no conc¢rns in resp¢ct of the nydtters (l) to (4) listed above and, in connection with the following the Directions of the Charity Con]mi55ion for Northern Ireland, I have found no tterS that r¥quir' rawing to your attention. ick Moore On behalf of McDaid Mccullough Moore Chartered Accountants 28-32 Clarendon Street Derry N.Ireland BT48 7HD Dydte: 17 November 2025 Page 9
THE JOHN AND PAT HUME FOUNDATION FOR PEACEFUL CHANGE AND RECONCILIATION (A company limited by guarantee) Statement of finan¢Ral activities (incorporatlDg the income and expenditure account) For the year ended 31 December 2024 Unrestricted Restrl¢led funds funds 2024 Total 2023 Total Notes Incoming resources Donations Activities for generating funds Income from charitable activities 10,075 1,632 10,075 1,632 90,188 32,543 90.188 162,532 Total incomlllg resources 11,707 90,188 101,Sl)5 195,075 Resources expended Charitable activities 46,773 98,082 144,855 205,004 Total resources expended 46,773 98,082 144,855 205,004 Net in¢omillgl(outgoing) resources for the year I Net incomel(expenditure) for the year (3 5,U66) (7,894) (42 ()60) (9,929) Total funds brought forward 61,784 7,894 69,678 79.607 Total funds carried forward 26,718 26,718 69,678 The statem¢nt of fmancial activities includes all gains and losses in the year and therefore a separate statement of total recognised gains and losses has not been prepared. All of the above amounts relate to continuing activities. The notes on pages 13 to 19 form an integral part oKthese financial statements. Page 10
THE JOHN AND PAT HUME FOUNDATION FOR PEACEFUL CHANGE AND RECONCILIATION (A company limited by guarantee) Balanee sheet as at 31 December 2024 2024 2023 Notes Currenl usyets Debtors C&sh at bank and in hand li 56.594 65,849 110,958 122.443 80,958 Creditors: amounts falling due within one year 12 (95.725) (11.280) Net current assets 26,718 69,678 26,718 69,6711 Net assets Funds Unrestricted income Restricted income 14 15 26,7l8 61,784 7,894 Total funds 26,718 69,678 ror the year cnding 31 December 2024 the company was entitled to th¢ exemption from audit under sectiorA 477 of the Coinpanies Act 2006 relati1)8 to small companies. Trustees responsibilities - The members have not required the cojnpany to obtain an audit of its fmancial statements for the year in question in accordance with s¢ction 476. The tNstees acknowledge their responsibilities for complying with th¢ requirements of the Act with respect to accounting records and the preparation of the financial statements. The financial slalements have been prepai'ed in accoi'dance with the provisions applicable to Companies 8ubjcct to the small cornpanics, regiinc and in accord7¢ with s¥ction l A of fRS102 'Finai)cial Reporting Standard applicable in the UK and Republic of Ireland" Th¢ financial statement5 were approved by the board on 17 November 2025 and signed on its behalf by: John Hume (ChairpersoD) Trustee The notes on pages 13 to 19 form an integral part of these financlal statements. Page 11
THE JOHN AND PAT HUME FOUNDATIOIY FOR PEACEFUL CHANGE AND RECONCILIATION (A company limited by guarantee) Casb flow statement for tbe year ended 31 December 2024 2024 2023 Notes Net outgoing resources for the y¢ar (tncr¢aseyDecr¢ase in debtors Increasd(Decrease) in creditors Net cash outflow from operating activities (42,960) (56,594) 84,445 (9,928) 5,000 (13,287) (15,109) (18.215) Decrease ill casb in the year (15.109) (18,215) ReconciliAtion of net ¢ash flow to movement ill net funds 17 Decrease in cash ID the year Net funds at l January 2024 Net funds at 31 December 2024 (15,109) 80,958 (18,215) 99,173 65,849 80,958 Page 12
THE JOHN AND PAT HUME FOUNDATION FOR PEACEFUL CHANGE AND RECONCILIATION (A compauy limited by guarantee) Notes to financial statements for tbe year ended 31 December 2024 Accountlllg policies Th¢ principal accounting poli¢i¢s are summarised below. The accounting policies have been applied Consistently throughout the year and the preceding year. 1.1. Basi5 of aceoiinting Th¢ foundation constitutes a public ben¢fit enlity as defiiied by FRS102. Tho JOI lln(I Pal I.ILin)c Foiiiidation for Peyccful Chaiib)e and Recoiiciliaiion is a private comi)Niiy limited by guaraiitee, rebjislored in Noi'thLI'ii IrLland. The address of the registered office is 2 Lake Glen Gree Belfast B Tl19AB. The financial statements ar¢ prepared und¢r the historical cost conv¢ntion and in compliance with und in accordanc¢ with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to chariliL>s pi'eparing their iiccounis in accordance with the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland (FRS102) (issued OLlober 2019) and the Companies Act 2006. Th¢ financial statsmonts are prepared in sterling? which is the functional cuffency of the entity. 1.2. Fund accounting The funds of the charitable company consists of restricted funds and unrestricted fimds, General funds are unrestricted fjjnds which are available for use at the discretion of the trustees ID rthernCe of the objects of the charity and have not been designated for other purposes. Restricted funds are funds which are to be used in accordance with SPLcific restriction8 imposed by donors. The aiin and use of each restricted fi]nd is Sot out in the iiot¢s to the fmancinl %tatcineiils. RLslI'icte(I funds are eithei. restricted income ndS or restricted capital fimds. 1.3. Incoming resources All incoming rcsources are included in the ststement of fmancial activities when thg charity is entitlcd to th¢ income, any perforniance conditions attached to th¢ income have been met and the amount can be quantified with reasonable accuracy. The following specific policies are appli¢d to particular categories of income: Revenue grants are recognis¢d as income when receivable. Donations and gifts are included in full In the statement of fancial activities when receivable. 1.4. Resources expended Expeiiditure is recognised on an acciiial basis as a liability is incurrtyd. ExpeiidiLurc is split between restricted and unr¢stricted expcndihire. Unrests-icted ¢xpenditur¢ relat¢s to unrestricted income and to mELnag¥niciit and gei)cral administration of the charity and restricted expendityre is as set out in the letters of offer. Charitable expcnditure comprises those wsts incurred by the charity in the delivery of its activities and services for it5 ben¢fi¢iaries. It includes both costs that can be allocat¢d directly to such a¢tivitiLs and those costs ot an indirect naiur¢ necessary to support them. Support costs are thos¢ costs incUed directly in support of ¢xpenditure on the objects of the charity aThd include proje¢t managem¢nt, Page 13
THE JOHN AND PAT HUME FOUNDATION FOR PEACEFUL CHANGE IIND RECONCILIATION (A company limited by guarantee) Notes to financial statements for the year ended 31 December 2024 1.5. Debtors and creditors receivablelpayable Debtors and prepayments are recognised at the settlement amount due after trade discount. Creditors are recognised where the charity has a pr¢sent obligation resulting from a past event that will result in a payment to a third party and th¢ amount can be reliably estinuted. 1.6. Financial instruments A financial asset or liability is recognised only when the company becomes a party to the contractual provisions of the arrangement. 1.7. Judgements and key sources of unecrtainty In applyiiig a¢¢oiinting policies, the Tnistees ure required to make judgements and cstimates on an ongoing basis about tli¢ carrying value of compiiny assets und liabilities. If revision is required, the revision is r¢cognised in that period iogether with future periods if necessary. Any revision will affect the estimates tharg¢d in the Statem¢nt of Financial Activiti¢s. 1.8. Dered contribution pension schemes The pension costs chged in the fmancial Statements represent the contribution payable by d]e charity dwing the year. Donations Unrestricted funds 2024 Total 2023 Total Donations 10,075 10.075 32.543 Activities for generating funds Unrestricted funds 2024 Total 2023 Total Sundry income 1,632 1,632 1,632 1,632 Page 14
THE JOHN AND PAT HUME FOUNDATION FOR PEACEFUL CHANGE AIND RECONCILIATION (A company limited by guarantee) Notes to financial statements for the year ended 31 December 2024 ID¢ome from charitable activltles Restrlcted funds 2024 Total 2023 Total Departm¢nt of Foreign Affairs International Fund for Ireland The American Ireland Fund Arts Council for Nl 17,884 72,304 17,8¥4 72,304 51,12U 83 C)86 2,478 24,947 90,188 90,188 162,532 Costs of charitable actlvities - by fund type Unrestrl¢ted Restricted funds fuDds 2024 Tot8dl 2023 Total Gross wages Employers national insurance Conferences & seminars Peace sunllnit Fellowship costs Travel & subsistence Sundry Website costs Consultancy fees Feasibility & strategy development costs Auditors remuneration (governance costs) Legal & professional fees (governanc¢ costs) Bank charges Training 14,289 714 4,404 220 12,276 64,093 18,693 934 12,276 64,093 24,001 I,989 65,065 63,111 782 12,553 257 430 257 430 500 30,500 2,950 2,754 355 444 24.392 14.608 39,000 3,012 3,997 369 3.012 3,997 369 1,794 1,794 46,773 915,082 144,855 205,Q04 Net outgoing resources for tbe year 2024 2023 Net outgoing resources is stated after charging: Accountancy fees 3,012 2,754 Page 15
THE JOHN AND PAT HUME FOUNDATION YOR PEACEFUL CHANGE AND RECONCILIATION (A company limited by guarantee) Notes to financial statements for the year ended 31 December 2024 Employees Employment costs 2024 2023 Wages and salaries Social security Costs Pension costs 18,693 24,001 1,989 935 19,628 25 L)90 No employee received emoluments of more than £60,000 (2023 . None). Number of employees The average monthly numbers of ¢mploye¢s (including the twstee5) during the y¢ar, calculated on the basis of 11 time ¢quivalenls, was as follows: 2024 2023 Number Number Administration Key mallag¢ment personnel Tim Attwood is the key rnanagement officer and acts as a consultant for the foundation. Trustees remuneration Th¢ trustees w¢r¢ not paid for their services during th¢ year. The trustees w¢r¢ not paid or reimburs¢d for expenses during th¢ year. Pension costs The company operates a defmed contribution pension scheme in respect of the employee. The scheme and its assets are held by independent managers. The pension charge represents contributions due from the company and was as follows: 2024 2023 P¢nsion charge 935 10. TaxatloD The John And Pat Hume Foundation For Peaceful Chang¢ And R¢¢oncAliation is a registered charity with The Charities Commission of North¢rn Ireland. Accordingly) there is no taxation charg¢ in these accounts. Page 16
THE JOHN AND PAT HUltrtE FOUNDATION FOR PEACEFUL CHANGE AND RECONCILIATION (A company limited by guarantee) Notes to financial statements for the year ellded 31 December 2024 11. Debtors 2024 2023 Grant d¢btors 56,594 12. Creditors: amounts falllDg due within One year 2024 2023 Other taxes and social security Other creditors A¢¢al$ 646 32,614 62,465 1,007 367 9,905 95,725 11,279 13. Analysis of net assets between funds Unrestricted Restricted funds funds Total funds Fund balanc¢s at 31 Decemb¢r 2024 as represented by: Current assets Current liabilities 38,221 (11,503) 26.718 84,222 (84,222) 122,443 (95,725) 26,718 UDrestricted funds At At 01 January Incoming Outgoing 31 December ' 2024 resources resources 2024 14. Unrestricted funds 61,784 11.707 (46,773) 26,718 Purposes of unrestricted funds Unrestricted funds are funds received that are utilised at the discretion of the trust¢es in fierance of the objects of the charity. Included in unreslricted funds are donations and generated income, together with all unT¢stricted dir¢ct and overliead costs incurred in operating the charity. Page 17
THE JOHN AND PAT HUME FOUNDATION FOR PEACEFUL CHAINGE AND RECONCILIATION (A company limited by guarantee) Notes to fanCial statements for the year ended 31 December 2024 15. Restricted funds At At 01 JanUry Incomlng Outgoing 31 Deeember 2024 resources resources 2024 D¢partment of Foreign affairs International Fund for Ireland 4,304 3,590 17,884 72,304 (22,1118) {75,8l)4) 7,894 90,188 (98,082) Purpo8¢s of restricted funds Restricted income funds consist of incoi)iing r¢sources that ar¢ i)rovided for a specific purpuse, 1¢ S OUtlinL.d iii tlie Letters of Off¢r, together witli r¢sourceb cxpcnded to which they relate. Unsp¢nt lundy could be rep¢iyablL in certain ¢1rcumstan¢es. tncluded in restricted fimds is income from: The Irish Departtnent of Foreign Affains The objective of DFA funding is to repair those issues which lead to division, conflict and barriers to a deeply recoiiLiled and p¢ac¥ful society and to biiild a strong %ociety th(It encoiiipa5ses all commiiiiities, throLlb)li Ilie continued implementation of the agrcem¢iits and proinoting a right bused society, politiLnl stability and r05PL>Ct for all. Intemational Fund for Ireland The objective of IFI funding is to build progressive Pcirtnerships that will dcliver meaningful b¢n¢fit for communities on both sides of the border and raise awgLr¢ncss ot issues and Ghall¢iibyeb impactingF conimunities while also contrbi uting to the wider peace building work of the IFI. 16. Contingent liabilities Grants could be repayable in certain circumstances as laid out in the Letters of Offer. 17. Analysis of changes in net funds Opening b¥dlance Cash nows Closing balance Cash at bank and in hand 80,958 (15,109) 65.849 Net funds 80,958 (15,109) 65.1149 Page 18
THE JOHN AND PAT HUME FOUNDATION FOR PEACEFUL CHANGE AND RECONCILIATION (A company limited by guarantee) Notes to financial statements for tbe year ended 31 December 2024 18. Going COlle¢rn The fiiiancial statciiicnts h¢lve been prepic red on a going concern basis as the trustees believe thlL t material un¢ortairily Lxislb. Tli¢ tl'l15tccs 114ive conyidci'Ld the level of income and expenditiii'e for tw¢lve rni)ntlis from s uihorising thLse fiiiancial statements. The PTi2)Cll)iil lactors underlying this judgement are the current financial perforn]anc¢ and the continued support of funders. 19. Company Ilmlted by guarantee THE JoEfN AND PAT HUME FOUNDATION FOR PEACEFUL CHANGE AND RECONCILIATION is a company limited by guarantee and accordingly does not have a share capital. Evcry meinb¢r of ihe company iindertakes to contributc lo the assetslliabilities of the charilable cunipany in the event of Ihe soi)IL being wound LIP wliile helshe is a InernbLI', or wiiliin oiie year after h¢lsho ceasLs lo bo a member, for payments of the debts and liabilities of the coinpw& )y ¢onlrticled before lielbhL ceases to be a m¢i)IbLI', and of the costs. charges and expenses of winding up aiid for LIIL udjiistment ot" Ihe riglils ol: the contribiiLoriL>s amongst themselves, Such amount as mayb¢ required not exc¢eding £10. Page 19