NIAMH LOUISE FOUNDATION (A company Ilmlted by guarantee) Report and Flnanclal Statements Year endin8 31 March 2023 Company number: Nl 67Z653 Charity Comm1$51on Number: 108043 "JCIU2QA2' 2111212023 COMPANIES HOUSE JNI
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NIAMH LOUISE FOUNDATION Contents Misslon Statement Management Committee Report Trustees Report 7-14 Independent Examiners Report IS.16 Statement of Financial Activities 17 Statement of Flnancial Posltlon 18 Notes to the financial statements 19-27
NIAMH LOUISE FOUNDATION MISSION STATEMENT he aim of the Nlamh Louise Foundotlon is to provide a sofe environment where anyone can drop in to chot obout worrying thoughts, thoughts of suicide ond/or self-horm. The Niomh Loulse Foundation will provide love, understonding ond respect with o non- Judgemental listenlng eorf.
NIAMH LOUISE FOUNDATION Management Comrnlttee Report Since the original formatlon of The Nlamh Loulse Foundation In 2006. the organlsation has tirelessly campalgned for the need to raise awareness of and de-stlgmatlse mental health, and for the provlsion of support mechanlsms to Include preventlon, Intervention and post-ventlon technlques for those affected by suicide. The or8ani5atlon continues io work to develop and Implement our own bespoke model of best prartlse in suiclde preventlon, Interventlon, and post-ventlon serylces, based on feedback from Indivlduals and communlties who have sought support from us, as well as our learning from worldwide bodies includln8 Ihe Amerlcan A550clatlon of 5uicldolo8y. Due to the Increased need and gro¥vth of the charlty It was a8feed as part of the on8oln8 Strategy, that the legal format would change to a company Limlted by Guarantee. The decision taken to e5tab115h a charltable company would enable the Newco to take fofward the charlvs work. Niamh Loulse Foundatl¢n a company limlted by guarantee was Incorporated on 17 September 2020. On l Apfll 2022 the assets and Ilabllltles of the Nlamh Loulse Foundatlon unlncorporated or8anlsation were transferred to the Niamh Loulse Foundatlon operatlng as a company Ilmlted by guarantee. The unlncorporated organisatlon ceased to operate from thls date. The delay In transfer wa5 due to challenges presented by the Covld 19 pandernic. Over the last 12 months there has been a number af $18nlflcant occurrences Includln8: Completlon of the Natlonal Lottery Communlty pro8ramme, "Empowerln8 Young Mlnds". Thls had a successful external evaluatSon completed on the 5.years cf the programme, outlinln8 successes and ideas and artlons for Eolng for¥vard. Over the 5 years of the programme, 17 8roup sesslons were dellvered to 197 partlclpants, S47 Individual youn8 people were supported through one.tO•one sesslons and 744 Indlvidual sèlf-care plans were created. Wlth the end of the EmpowerSn8 Young Minds programme, the Department of Health grant has been vital In sustalnlng the Foundatlon. The 8rant also 8ave the opportunlty for external facllitators to come In and deliver varlous programmes to our coffee mornln8 group, and our young people's group, such a5 art, drama, and dance. Mental Health Champlon for Northern Ireland, Professor Siobhan O'Neill, offlclally launched a set of 6 chlldren's emotlonal story-books which were created by Catherlne Mc8ennett, Operational Director & Co-Founder, as part of the Empowering Youn8 Minds programme. The storybooks are a great asset in helping chlldren and young people understand their emotlons and various Ilfe Issues such as grief, bullyin& ni8htmares etc. The stories are based on lived experiences from young people who have come to the Foundation for 5UPPQrt. Catherine Mc Bennett has continued to work tirele551y on the Implementatlon of the Psychological Autopsy in Northern Ireland and contlnues to Ilalse wlth relevant government bodies on the issue in an effort to have this available for all farnllles bereaved by sulcide In N. Ireland.
NIAMH LOUISE FOUNDATION Catherine has continued to grow links wlth the American Assoclation of Sulcldology, ar in April 2022, was invited to speak at the 55 Annual AAS Conference in Chicago, USA on the Psycholo8lcal Autopsy. Catherine and Gralnne Hackett attended the conference which was a great opportunity for buildin8 new relattonshlps and spreadin8 awareness of the Foundation on an international platform. Our one-tOne intervention services for individuals of all ages struggling with thoughts of suiclde/self-harm, or bereaved by sutclde continue on a daily bases, alongside the Wednesday coffee morning 'Welk8elnE & Recovery Group,. The Chrlstmas Evenln8 of Remembrance event contlnues to be a 8reat support for lamllles and friends bereaved by sulcSde. A number of successful awareness sesslons have taken place In the community. educatln8 on mental health, self.harm, and sulclde prevention. Groups have Included, Clogher Eire Og GFC, Portadown Retired Civil Service Fellowship Group, Kiverco Rerycling Plant. Mallaghan En8ineerin8, and Sainsbury5 Dun8annon. The Foundatlon has contlnued to develop and Smprove Ilnks wlth a number of indlvlduals and Broups thls year. On8oin8 links have contlnued wlth the Chlld and Adolescent Mental Health Team, GPS. local schools. community & voluntary groups, the PSNI, Families Voices Forum, and the Southern Health and Social Care Trust including the Protect Life Co-OrdinatOT and Social Work teams. 10. The Foundation hosted a hl8hly successful Gala 8all in October 2022. The event was attended by local community, businesses, and famllles and Individuals who have sou8ht support from the Foundation, and was a 8reat way to raise awareness In a posltlve fashion, as well as ralsln8 funds for the Foundatlon. .11. The Foundat¢on has continued to deliver Mental Health First Aid Training into the communlty and are delighted to now have Jenny Orton tralned and certlfied as a facilitator by the PHA. In thls period, 3 Mental Health F5rst Ald courses were dellvered to the communlty, in¢ludln8 ofte in the Cushendall area, whlch was supported by the Llsa McAlllster Foundatlon. 12. The comrnunlty have continued to be a great support to the Foundation and have organised a number ol successful fundralsin8 events over the last year. These events are vital for sustaining the work of the Foundatlon and we would Ilke to thank all Involved In donatln8 to the Foundatlon and SUPPOrting us In any way.
NIAMH LOUISE FOUNOATION As we face the next financlal year. we stlll need to contlnue to build our reseNes to rnalntaln the staff and the high quality of servlce which we currently dellver wlthln the communlty. We would like to thank everyone for their fantastic support over the past year and we hope that we can continue io build on our alfeady successfvl model of approach In worklng wlth indlviduals with thou8hts of suic¢de/self.harm in our local communlties and contlnue to have the financlal income In order to allow us to do this to the hl8hest standards. The Niamh Loulse Foundation Management Committee
NIAMH LOUISE FOUNDATION Report of the Irustees for the year endin8 31 March 2023 The trustees are pleased to present thelr annual directors, report tO8ether with the financSal statements of the charity for the year ending 31 March 2023 which are also prepared to meet the requlrements for a directors, report and accounts for Companies Act purposes. An exemption to preparlng a cash flow statement is clalmed under the small entity provisions within SIA of FRS 102. The financlal statement5 comply wlth the Charltles Act 2008. the Companles Act 2006, the Memorandum and Artlcles of Association, and Accountin8 arid Reporting by Charities: Statement of Recommended Prattice ISORPI appllcable to charities preparing their accounts in accoréance with the Financlal Reportin8 Standard appllcable in Ihe UK and Republic of Ireland (FRS 1021 {effective I January 2019). On l April 2022 the assets and liabilities of the Niamh Louise Foundation unlncorporated or8ani5ation were transferred to the Niamh Louise Foundatlon operatlng as a company limited by guarantee. The unincorporated or8anisation ceased to operate from thls date. Merger Aecountlng Although the charity has changed Its legal form, Its purposes, trustees and beneficiary class fernaln unchanged. The charity has used mer8er accourbtlng for the purposes of the current year accounts. Merger accountlng Involves a88re8atin8 the a55et5, liabllltles and funds of the combinln8 charities and presentin8 them as though they had alway5 been part of the same reportln8 chaflty. The rner8er took place at the start of the accountlng perlod I" April 2022. Any funds of the ombinln8 charities that are restricted to the partlcular purposes of the new charity contlnue to be presented as 'festiltted' In the accounts of the mer8ed charlty. The unrestrlcted funds of the constltuent charitie5 to the mer8er wlll be a88re8ated provlded that thelr purpose5 are identlcal to the new charlty. To comply with the SORP the accounts must present comparatlve amounts on the same basis lo show the a£8regated results for the comblnlng charities for the previous reporting perlod. The comparatlve amounts are Identlfled as beln8'comblned' fl8ures. As the activity of the Incorporated organSsatlon only commenced on l April 2022 the prior year figures represent the 12 months of the unincorporated or8anlsation. The carrylng amount of assets and liabilities of the comblnlng charlties are not restated to fair value, althou8h adJustments musl be made to ensure uniformity of accountin8 policie5. 140 adjustments have been considered necessary.
NIAMH LOUISE FOUNDATION Our purposes and actlvlties The organisation is established for the beneflt of the public in Northern Ireland Ihereinafter called the "area of benefit") to promote any chaiitable purpose dlrerted to alleviate the distress caused by suidde and ancillary to this: (a) to promote ihe preservation and protert5on of good mental health and advance public education by raising awareness of mental health issues, suicide and the factors which may lead to it amon8 the general public in the area of beneflt to encourage people bereaved through sulclde to provide mutual support and encouragement to each other; (¢) to provide ass15tance to people in despair or distress and thus reduce the incidence of suicide. In shapin8 our objectlves for the year and planning r activitles, the trustees have consldered the Charity Cornrnlsslon's 8uldance on publlc benefit, Includin8 the 8uidance'publlc benefit.. runninB a charlty (P82)'. The Foundation relies on 8rant Income to cover its operatlng COSt& The strategies employed are to achieve the following: Alm.. To prnvlde a place of safttyAor younq ond old Ilvlnq wlth thoughts oAsul¢lde/self.horm or bereoved by sulclde In hlorthern Irelond. Objertlves.. To train staff to the highest standard of suiclde Intervention skills. To dtrescalate Ihou8hts of sulcldelself-harm among Indlvlduals. To encourage recovery for Indlvlduals and families affected or bereaved by suiode through individual care programmes and group work. To provlde safety plans, self<are. and mental health first ald tool kits for Individua15 at rlsk of sulclde/self-harffl and thelr farhllles. To encourage recovery and self-awareness of an individual'5 mental health and trlggers In the preventlon ol sulcldelself-harm. Alm.. To be • good leoder wlthln the communlty. Qbjertlves.. To keep commlttee, staff and volunteers updated on current research and government developments in relation to sulclde and self-hann wlthin Northern Ireland. To promote our work throu8h various rural sportin& cultural, and community organlsations. To ensure excellent standards In 8overnance in complying with all statutory regulations and reporting requirements.
NIAMH LOUISE FOUNDATION To form collaborative partnershlps Wlth other agenoes to use our expertise and knowled8e to inform and Influence publlc pollcy and debate. Alm." To ¢hanqe Ilves by Insplrlng and en¢ouraglnq the ¢ommunlty to become volunteers. Oblertlves.. To empower the community throu8h educatlon and workshop programmes on suicide and self-harm. To leave a leeacy by volunteerln8 and In creatln8 awarenes5 in the communlty through various community events. To en8a8e Indwiduals, companies and communilies through a range of fvndraising initialives. To promote the work of the Niamh Loulse Foundation through the volce of our volunteefs. Alm.. fo moke a meonlnqfvl ond lastln9 legary by Mtslng the profile of sulclde preventlon ot exe¢utlve level. ObJertlves.' To be an authorltative voke on sulclde In Northem Ireland. To use our link5 Wlth strate8lc and cornmunlty bodies In Northern Ireland to promote systemic change at local and 8overnment level. To en8a8e in collaborative mode15 Of workln8. To stfen8then partnerships with other servlce providers to wtden cholces ava51able to our cllents. Alm.. fo dellver trolnlng ond educatlonalprogrommes on sul¢lde ond selfvhorn? In Northern Ireland to chlldren qnd young people. Oblertlves.. To strenwhen and maintaln high standards of training. To expand our training to youth throu8h community or8anisations and schools. To develop a social media programme a5 a tool to reach out to thlldren and young people. To design pro8rarnmes that wlll bulld capacity, self-esteem, understanding and education in relation to sulclde and self-harm. Alm.. To de.stlqmatlse sulclde and Self-horm In communltles olNortherft Irelond. Oblertlves.. To encourage all communlties to take ownershlp In creating awareness on sulclde and self- harm.
NIAMH LOUISE FOUNDATION To promote recovery and identify care pathways in relatlon to suiclde and self-harm. To comrnunScate key messa8es to leadln8 organlsatlons wSthln the communlty on suiclde prevention. To promote help-seeking skills In the preventlon of sulclde. The Foundatlon now works wlth people acfOSS the 9 Countles of Ulster. Flnanclal revlew The Sncome and expenditure for the year is detailed in the accounts. A major flnanclal concern for the Foundation as with any charitywlll be the on8oln8 flnanoal sustalnablllty from fundlng In the years to come. The trustees are aware of the need to mainlain free reserves, especlally In the current economlc cllrnate. Conlinual fund ralsln8 wlll be necessary In order to retaln sufnclent levels of reserve5, We would like to acknowled8e the contSnued support of our funder5 as referred to In note 4 In the accounts. It is irnportant to recognise that thelr fundln8 really does make an Impact. The Income lor the year was £374K of whlch £272K was recelved a5 8rant fundln8. The expendlture of £264K Is expended on charltable actlvltles. The balance of funds at 31 March 2023 was £243K of whlch £189K was unrestrlcted Income of whkh £90K is desi8naled funds and E54K restricted funds. Reserves pollry and 8oln8 concern The Trustees have examlned the charlty'5 requlrements for reserves conslderlng the maln rlsks to the organlsatlon and established a formal policy whlch stlpulates that free reserves be maintained at level whlch ensures that the charity's core artivity could conlinue duriTr8 a perlod of unforeseen difficulty. Free reserves are defined by the Trustees as unrestrlcted Income funds freely available for use as the charity so determines and thereby excludes any funds committed, invested in tangible flxed assets held by the charlty and restrlcted or deslgnated funds. Reserves are needed to bridge the @ap between the spendln8 and recelvlTh8 of Incorhe and to cover unplanned emei8ency repairs and other expenditure. The trustees con51der that the Ideal level of reserve5 as of 31 March 2023 would be £90,000, Without the support of our funders and contlnued fundralsln8 efforts by staff and volunteers, It Is doubtful that the Foundatlon could contlnue operallng. The trustees are endeavourin8 to ensure the success with a cornblnatlon of measures Includln8 fundralsers and applications to fundinB bodie5 In an effort to secure staff posts and lon8-term sustainability of the charity. io
NIAMH LOUISE FOUNDATION The trustees have revlewed the circumstances of the Foundation and consider that adequate resources continue to be avallable to fund the activitles of the Foundatlon for the foreseeable future. The trustees are of the vlew that Foundation is a 8oin8 concern. A rnajor financial concern for Ihe Foundation as with any charity will be ongoing financial sustalnability from fundln8 In the years to come. The trustees are aware of the need to maintain free reseNes, especially in the current economic cllmate. Continual fundraising will provlde challenginB envlronment in the years to come. We would like to acknowledge the continued support of our funders as referred to in note 4 in the account5. It15 important to recognise that their fundln8 really does make a change. Reference and administrative detalls Operating address.. 32 Coalisland Road, Killybrackey, Dun8annon, Co. Tyrone, 8r/i 6LA Our advl$ers Accountant E A Grimley & Co Limited,16 Clonoe Village Business Park, 98 Washingbay Road, Clonoe, Dungannon, Co Tyrone, BT714PU Ulster Bank, 39 Market Square, Dungannon, Co Tyrone, BT70 IJJ 8ankers' Key management personnel Nlamh Loulse Foundatlon: Trustte Trustees The trustees and officers servln8 durln8 the year and slnce the year end were as follows: Chalr-person Jolene Farrell Gerard Carroll Appointed 17 September 2020 Appointed 17 September 2020 Caltlln Bullock Anthony Knox Heather Stafford Nigel Stafford Appointed 25 April 2023 Appointed 25 April 2023 Appolnted 25 April 2023 Appointed 2S Aprll 2023 Gllllan Nicola Blair Samuel Benson Elaine Cassidy Leanne 8urns Sharon Gallagher Siobhan McAllister Res18ned 21 Aprll 2022 Resi8ned 03 August 2022 Re518ned 25 Au8U5t 2022 Resigned 9 June 2023 Resl8ned 12 June 2023 Re518ned 28 Au8USt 2023 Key managernent peOnnel. Senior managers of the Nlamh Louise Foundation: Catheiine Mccaul -operational Oirertor li
NIAMH LOUISE FOUNDATION Slrurture, Governance and Mana8emeht Governln8 Document Niamh Louise Foundation Is a Cornpany Limited by Guarantee governed by its Mernorandurn and Articles of Assooation dated 17 September 2020. It Is a re8hstered chaclty with the Charity Commission Northern Ireland. The charity registration number is NIC 108043. Appolntment of trustees As set out In ihe Articles of Assooation the rninimum Board members shall be 3. The Trustees shall be entitled to Invlte members of the public to attend as observers at any Annual General Meetlng of any other meetlng of the Trustees. Or8anlsatlon The board of trustees. whlch require a mlnlmum of 3 Tfusttes, admlnlsters the charlty. The charltyls managed by the Trustee Board. To facllltate effectlve operatlons, the Operatlon Dlrector has delegated authorlty, wlthln terms of dele8ation appfoved by the trustees, for operational rnatters Includln8 finance, employment. Related partles and ¢O•operatlon wlth other oY8anlsatlons None of our trustees recelve remuneiatlon or other beneflt from thelr work wlth the charlty. Any connectlon between a trustee and senior mana8er of the chaty wlth a fvnder must be dlsclosed to the full board of trustees in the same way a5 any other contractual relatlonshlp with a related party. In thè curftnt year no such related party transactlons were reported. Pay pollcy for senlor staff The rates of pay are In Ilne wlth the SHSCT scale. Rlsk mana8ement The trustees have a r15k management strategy whlch comprises: an annual revlew of the prlnclpal flsks and uneertalnties that the charlty rnay face; the establishment of pollcies, systems and procedures to miti8ate those risks identified in the annual review; and the implementatlon of procedures desl8ned to mlnlmise or manage any potentlal lrnpart on the charity should those risks materialise. Thls work has Identlf¢ed that flnanclal sustainability isthe major financlal risk for the charlty. A key element in Ihe mana8ement of financlal risk is a regular review of avallable Ilquld funds to settle 12
NIAMH LOUISE FOUNDATION debts as they fall due and re8ular Ilalson wlth the Operatlonal Dlrector to ensure suffldent workln8 capltal by the Foundatlon. Attentlon ha5 also been Iocu5sed on non.flnanclal rfsks arlsln8 frorn flre, heahh and safety staff, Volunteers and clleThts. These rlsks are rnana8ed by eThsurln8 accredltatlon15 UP to date. havlnB robust pollcles and procedures In place and regular awareness tralnlng for staff workln8 In these operatlonal areas. Truste•< respon$lbllltles In r¢latlon to the flnan¢lal statement¥ The charfty trustees (who are also the dlrectors of the Nlamh Loulse Foundatlon for the purposes of company law) are responslble for preparlng the trnstees, annual report and Ilnan¢Jal statements In accordance wlth appllcable law and Unlted Kln8d¢m A¢countlng Standards (Unlted Kln8dom Generally Accepted Accountlng Prattice). Company law requlres the charlty trustees to prepare finandal statements tor each year whlch 8lve a true and falrvlew of the state of affalrs of the charltable Company and of the Incomln8 resources and appllcatlon of resources, Includlnq ihe Income and expendlture, of the charltable cornpany for that perlod. In preparln8 the ftnanclal statements. the trustees are requlred to: selett sultable accountln8 pollcles and then apply them conslstentlv; ob5er4e the methods and prlnclples In the Charltles SORP: make Judgements and estlmates that are reasonable and prudent; state whether appllcable UK accountln8 Standard5 have been followed, sublert to any mateilal departures dlsdosed at)d explalned In the flnanclal statements. and prepare the flnanclal statements on the 8oln8 concern ba$15 unless It15 Inapproprlate to presume that the charlty wlll contlnue In operatlon, The trustee$ are responslble for keepln8 proper accountln8 records that dlsclose wlth reasonable accuracy at any tlme the flnanclal posltlon of the charltable Company and to enable thern to ensure that the flnanclal statements compty wlth the Companles Act Z006. They are also respoftslble for safeguardln8 the assets of the charlty and hence takln8 reasonable steps far the Pfeventlon and detectlon of fraud and other Irre8ularltles. The trustees are responsible for the malntenance and Integrlty of the corporate and flnanclal Informatlon Included on the charStsble company's web51te. 13
NIAMH LOUISE FOUNDATION ststement as to d15dosure to our Independent Examiner In so far as the trustees are aware at the tlme of approvln8 our trustees, annual report: there Is no relevant Informatlon of whlch the charitable companrfs Independent Accountant Is unaware. and the trustees, havln8 made enqulrles of fellow trustee5 have each taken all steps that he/she is obliged to take as a trustee Sn order to make themselves aware of any relevant information and to establish that the Independent Is aware of that information. Thi5 report wa$ approved by the board oftru5tee5 and slgned on 19 December 2023 on its behalf by .Jolene Farell Trustee 14
NIAMH LOUISE FOUNDATION Independent examlner's report to the Charity Trustees on the unaudlted flnandal statements of the Niamh Loulse Foundatlon. I report to the th¥ty trustees on my examination of the accounts of Niamh Louise Foundation for the year ended 31 March 2023 set out on pages 19 to 28. Respe¢tlve respon51bllltle5 of tfustees and Independent examlnei As the charit(s trustee5 Of the Company (who are also the dlrectors of the company for the purposes of company law), you are responslble for the preparation of the accounts in accordance with the requlrements of the Companles Act 20061"Ihe 2006 Act"). Havln8 satisfied myself that the charlty Is not subject to audlt under c•ynpany law under Part 16 of the 2006 Acl . and is eligible for Independent examination, it is my responslblllty to: examlne the accounts under section 65 of the Charities Art (Northern Ireland) 2CQ8; follow the procedures laid down in the general Directions given by the Charity Commisslon for Northern Ireland under seclion 6519)(bl of the Charltles Act. and state Whettrr partiajlar matters have come to my attention. Basls of Independent examln•rfs statement I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(91(b) of the Charities Art. The examlnatlon Included a revlew of Ihe accountln8 records kept by the charity and a comparlson of the accounts presented with those records. It also includes consideration of any unusual Item5 or di5dosures in the accounts. and seeking explanations from you as charity trustees concernin8 any such matters. My role Is to state whether any materlal matters have come to my attentlon 8lvln8 me cause to believe: l. That accounting records were not kept In accordance wlth section 386 of the Companies Act 2006 2. That the accounts do not accord wlth those accotsntlng records 3. That the accounts do not comply with the accountiri8 requlrements of section 396 of the Companies Act 2006 and wlth the rnethods and principles of the Charltles Statement of Recommended Practice applicable to charities preparing iheir accounts in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of Ireland 4. That there is further informatlon needed for a proper under5tandin8 of ihe accounts to be reached. 15
NIAMH LOUISE FOUNDATION Independent examlnerfs ststernent Since the companVs gross income exceeded £250,000 your examiner mirt be a member of a body listed In section 145 of the 2011 Att. I confirni that l am qualified to undertake the examination by being a qualified member of Institute Of Chartered Accountants Ifeland. I have completed my examination and have no concerns In respect of the matters (l) to141 listed above and, in connection with follt)win8 the DSrectlons of the Charlty Commission for Northern Ireland, I have found no matters that requlre drawin8 to your attention. Ethna Grtmley Independent examlner Relevafit ProfesOnal Quallfkatlon: FCA E AGrlmley & Co Ltd 16 Clonoe Vlll•ge Buslness Park 98 Washlngbay Road Coallsland Co Tyrone BT714PU arter ArQuntants & Re8lstered Audltors Dated: 19 December Z023 16
NIAMH LOUISE FOUNDATION Statement of Hnanclal Artlvftles (In¢ludSng Income and expendlture account) for year endln8 31 March 2023 Unrestrtrted Funds Rertrfrted Funds Total Fund5 2023 Comblned Funds 2022 Note5 Income: Artlvftles Jorgenera¢ingfvnds Donatlons and Le8acles Incorne from charltable actlvltles: Preservatlon and Protertlon of Good Mental health 102,475 102,475 59,214 261,405 261,405 102.133 Capltal Grants 10.000 io,(xJo Investment Income Totsl In¢omo 283 102,758 283 374.163 271,405 161351 Expendlre CoJl$ oJg¢nerailngfyR&r.' 10,672 10,672 Expendlture on chopltable octlvltles.. Preservatlon and Protertlon of Good Mental he3lth 253,494 253,494 193,008 Total expendlture 10,672 253,494 264,166 193,008 Net Incomellexpendlture) and net mov•rnent In funds tor the y•ar 92,086 17,911 109J97 (31,6571 Transfer between Funds (12.303) 12,303 Reconclllatlon of funds Total Funds brought fonyard 109,707 2353 133,060 164,717 Total funds ¢arrled lornard 189,490 53,566 255,324 133,060 The statement of financlal activitles indudes all gaIr and losses reco8nlsed In the year. All Income and expendlture derlve from contlnuln8 activities. The Prlor Year Flgures related to the Comblned operatlons as per note$ 3 to.7. The notes OD pases 19 to 2810rn) arl Integral part of thes• ac¢ouTht 17
NIAMH LOUISE FOUNDATION Statement of Flnanclal P051tlon (Balance Sheet) As at 31 March 2023 Combined Total 2022 2023 Notes Flxed assets Tan85ble assets Total Fixed Assets 10 35.711 35,711 30,393 30.393 Current assets Cash at bank and in hand Total Current Assets 224,433 224,433 116,475 116,47S .Liabllltles Creditors fallin8 due wlthin one year 11 17.088 13,808 Net Current assets 207.346 102.667 Net assets Z43.057 133.060 The funds of the charlty: Unrestricted Income Deslgnated Income Restricted Income Total charlty funds 12 99,490 90,000 53,566 243.057 19,707 90,000 23,353 133,060 These accounts are p'repared In accordance with the special provlsSons of Part 15 of the Companles Act relating to srnall companies and constitute the annual accounts requlred by the Companles Act 2006 and are for clrculation to members of the companv. The financial ststements were approved on 19 December. 2023 and s18ned on the trustee's behalf Jolene Farrell Chalrperson Company Number: PII 672653 The notes on pale5 19 to 28 form an Integral part of these accounts. 18
NIAMH LOUISE FOUNDATION Notes to Flnanclal Statements - For the year ended 31 March 2023 Accountlng Pollcles The piincipal accounting pollcles adopted, jud8ements and key sources of estimatlon uncertainty In the preparation of the financial statements are as follows: Charlty Inforniatlon Nlamh Loulse Foundation is a private lirnited company Incorporated In Northern Ireland. The reglstered offlce is 32 Coa1151and Road, Killybrackey. Dun8annon. Tyrone, 8T716LA b) Basis of preparallon The financial statements have been prepared in accordance with Accountln8 and Reporting by Charities.. Statement of Recommended Prartlce appllcable to chèrlties accounts Republi¢ of Ireland (FRS 102) leffeclive l January 20191- (Charities SORP IFRS 102)), in accordance with the Financial Reporting Standard applicable In the UK and preparing their Financial Reportine Standard applicable in Ihe UK and RepublSc of Ireland IFRS 1021. The financlal staternents are prepared In sterlln8 £ whlch is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The charity meets the definition of a publlc benefit entity under FRS 102. Assets and liabilities are Inltlally cOgnISed at hlstorlcal cost or transactlan value unless othenvlse stated In the relevant accountlng policy note(sl. d) Preparatlon of the accounts on a 8olni concern basls The number of people usin8 the NLF Trust15 Increa51ng year on year but the uncertalnty surroundlng fundlng Is a 518nSflcant area of financlal uncertalnty that will invarlably Impatt upon services that we can offer. The trustees have mltl8ated these r•sks by contlnu3lly challen8in8 decisions made at government level to ensure that the Impact of provlsions of services is mlnimal. The trustees are of the vlew that measures have been taken subsequent to the year-end to ensure contlnuous funding for the immedlate future of the NLF Trust for the next 12 months and that on this basis the charlty IS a 80in8 concern. Should fundin8 be reduced the NLF Trust considers that theywill be able to contlnue albelt at a rnuch-reduced level af the next 12 months. Income Income is reco8nised when the charity has entltlement to the funds, any performance conditions attached to the item(s) of Income have been met, it is probable that the income wlll be received and the amount can be measured reliably. 19
NIAMH LOUISE FOUNDATION Notes to Flnanclal Statements For the Year Ended 31 March 2023 - Contlnued Income from government and other grants, whether 'capital' grants or 'revenue' grant5, is recognised when the charity h35 entitlement to the funds, any performance condltions attached to the grants have been met, It is probable that the income will be received and the amount can be measured reliably and is noi deferred. OorMted ser¥lces and fadlltles Oonaied professional seThices and donated facilities are reco8nlsed as income when the charlty has control over the Item, any condltions associated wlth the donated Item have been met, the recelpt of economic benefit from the use by the chadty of the Item is probable and that economic benefit can be measured reliably. In accordance w5th the Charitles SORP IFRS 1021, the general volunteer tlme of the NLF Trust Is not reco8nised and refer to the trustees. annual report for more Information about thelr contfibution. On recelpt, donated professlonal seThlce5 and donated facilitles are reco8ni5ed on the basls of the value of the glft to the chailty whlch Is the amount the charity would have been wllling to pay to obtaln seThices or facilities of equivalent econornlc benefit on the open maiket; a correspondin8 amount is then reco8nlsed In expendlture In the perlod of receipt. Interest recelvable Interest on funds held on deposlt is Included when recelvable and the am¢)unt can be measured rellably by Ihe charlty, thls Is normally upon notlfication of the Interest pald or payable by the Bank, hl Fund a¢¢ounllni Unrestricted funds are available to spend on activltles that further any of the purposes of charity. Designated funds are unrestricted funds of the tharlty whlch the trustees have decided at their dlscretlon to set aslde to use for a specSfic purpose. Restrlcted funds are donatlons whlch the donor has speclfied are to be solely used for partlcular areas of the NLF Trusvs work or for speclflc artlstlc projects bein8 undertaken by the NLF Trust. £xpendlture and Irrttoverable VAT Expenditure is reco8nised once there Is a legal or constructlve obllgatlon to make a payment to a thlrd party, it Is probable that settlement wlll be requlred and the amount of the obligation can be measured reliabty. Expendlture is classified under the following actlvlty headings: •• Expenditure on tharitable attivities includes the costs of education and crèche costs undertaken to further the purposes of the charlty and their associated support costs. •• Other expendlture represents those Items not fallln8 Into any other heading. Irrecoverable VAT is char8ed as a cost against ihe actlvity for which the expenditure wa5 incurred. 20
NIAMH LOUISE FOUNDATION Notes to Financial Ststements For the Year Ended 31 March 2023 - Contlnued J) Allocatlon of support costs Support costs are those functlons that assist the work of the charity but do not directly undertake charltable activities. Support costs Include back.office costs. finance, personnel, payroll and governance costs which support the Trusts artlstlc pro8rammes and activltles. These costs have been allocated between c05t of raisln8 funds and experbditure on charltable actlvities. The bases on which support costs have been allocated are set out in notes. k) Operatln8 leases The charlty cla55lfies the lease of prlntlng, as operatlng leases; the Iltle to the equlpment remains with the lessor and the equipment is replated every 5 years whilst the ecorMiC life of such equipment is normally 10 years. Rental charges are chargèd on a strai8ht-line basis over the term of the lease. il Tan8lble fixed assets Individual flxed assets costlng £1,000 or more are capitalised at cost and are depreclated over theif estlmated useful economlc Ilves on a slralght-line basls as follo. Asset Category Annual rate Equlpment and Fixtures and fittin85 Motor Vehicles 20% Reduclng Balance 25% Reduclng Balance Stock Stock Is Included at the lower of cost or net reallsable value. Donated Items of stock are reco8nlsed at faSr value whlch is the arnount the charitywould have been willin8 to pay for the Items on the open market, Debto Trade and other debtors are reco8nised at thè settlement amount due. Prepayments are valued at the amount prepaid net of any trade dlscounts due. Cash al bank and In hand Cash at bank and cash in hand Indudes cash and short term highly Ilquld Investments wlth a short maturlty of three months or less from the date of acquisition or openin8 of the deposit or similar account. p) Crerfitors and provisions Creditors and provisions are retognised where the charlty has a present obll8atlon resultin8 from a past event that will probably result In the transfer of funds lo a Ihird party and Ihe amount due tQ settle the obllgatlon can be measured or estlmated rellably. Credltors and proNislons are normally recognised at their settlement amount after allowing for any trade dlscounts due. 21
NIAMH LOUISE FOUNDATION Notes to Flnanclal Statements For the Year Ended 31 March 2023 - Continued Penslons Employees of the charfty are entltled to loln the Workers Penslon Trust Scherne whlch is funded by conlributions for employee and employer. Employees are automatically enrolled into the pension scheme unless they have exercised their right to opt out of scheme membership. Legal ststus of the Trust The organisation is governed by Its constltutS0n. Donatlons Comblned flgures Prlor year NLF Incorporated NLF unlncorporated 2022 2022 2023 Donatlons Fundraisin8 Just Glvin8 Power Nl Charltable Glvlng Facebook Payout Gala Ball Fundralser Pieta House Sales of merchandise Employment Allowance Rental Actlvity 6,999 48,447 10,383 24,316 28,703 1,950 17,119 11,407 2,105 4,0 90 59,214 s,000 sio 102.475 Grant Incoffle Comblned 118ure$ Prfor year NIF lThcon)ora¢ed NLF unlncofporated Incom• from charltable a¢tlvltle$ Restrleted Funds 20Z3 Restrtrted Funds 2022 2022 Community Foundation for Northem Ireland 818 Lottery Natlonal Lottery Communlty Fund Dormant Accs 130,552 77,725 io,wo 43,128 261,405 102,133 102,133 22
NIAMH LOLIISE FOUNDATION Note5 to Flnanclal Statements For the Year Ended 31 March 2023 - Contlnued Capltal Grants CombIn figurès Prlor year NLF unlnc4wated NLF Incorporated Restrkted Funds 2023 2022 2022 Community Foundation for Northem Ireland iO.O(M) 10.000 Investment Income All of the investment Income of arises'from money held In interest bearing deposit accounts. Analysls of expendlture on charltable atthiltles C•mblned fi8ures Prlor y•ar NiF NLF Incorporated un1ncPOIaIed 2022 2022 Totsl Total Total Wa8es and salarles Staff Penslons Projert Work and Theraples Projert Maintenance Traiftin8lFacilitatlon Volunteer Expenses Refreshments Rent payable Heat and Ll8ht Rates Insurance Advertisement Repairs and rnaintenance Raisin8 Awarene55 and Publications costs Printin8, POSta8e and statlonery Mentorin8 Telephone Monitoring and Evaluailon Staff Travel Subscrlptlons Professional Fees Support Costs - Accountan Svpport Costs - Bank charges Freelance Fees Interest General expenses Depreciation of t8n8lble assets Totsl 140,725 4,760 16,579 29,71XI 128,028 4,328 5,262 1,877 2,099 1,394 8,5(X) 3,164 8,4tsJ 3.975 170 470 2,727 1.863 8.549 13.603 6,$50 1,421 1,870 1,458 1.402 8,729 4.494 869 1,253 689 3.913 3.840 335 216 3,270 47 2,824 12.267 253.494 2,785 193,1))8 23
NIAMH LOUISE FOUNDATION Notes to Flnancial Statements For the Year Ended 31 March 2023 - Continued Expendlture on charitable activities 2023 totalled £253,494 (2022 £193,008) which was all restricted. Support Costs are those funrtions that asslst the work of the charlty but do not diiettly undertake chaf Itable actlvltles such as accountancv. Net Incom•/{exp•ndlture) for the year 20Z3 2022 Thls 1$ stated after ch•r8lnA: Depreciation 12,267 2,785 Staff Numbers The average monthly head count was 3 staff (2022., 2 staffj and the avera8e monthly number of lull-tlme equlvalent employees (Includln8 casual and part.tlme staffj during the year were s follows: Analysls of staff costs, trustee remuneration and expenses, and the cost of key management personnel 2023 2022 Salaries and wages Employer National Insurance Statutory Maternity Pay recovered 131,169 13,303 (3,747) 116,721 11,307 140,725 128,028 No employees had employee benefits in exce55 of £60,00012022: nll). The charity trustees were not paid or received any other benefits from employment wlth the Trust In the year12022: £nll) neither were they relmbursed expenses durlng the year (2022.. £nlll. No charlty trustee recelved payment for profe551onal or other services supplied to the charity12022- £nil). 24
NIAMH LOUISE FOUNDATION Notes to Financlal Statements For the Year Ended 31 March 2023 - Continued 10. Tan8lble Ilxed assets Plant and Machlnery Total Cost: As at l April 2022 Additions As at 31 March 2023 55,801 17,58S 73,386 55,801 17,585 73.386 Depreclatlon: As at l April 2022 Charge for the year As at 31 March 2023 25,409 12,267 37,676 25,409 12,267 37.676 Net book valu• As at 31 March 2023 35,711 35,711 As at 31 March 2022 30,393 30.393 On l Aprll 2022 the assets and Ilabllltles were transferred from the unlncorporaled Nlamh Loulse Foundation to The Niamh Foundatlon, a company limlted by 8uarantee. 11. Credltors: amounts fallln8 due wlthln one year NLF Incorporated 2022 NLF unIncoOI?led 2022 2023 Credltors and Accruals Paye Wages and Penslon 10.693 6,081 314 17,088 7,693 3,015 3,101 25
NIAMH LOUISE FOUNDATION Notes to Flnantial Statements For the Year Ended 31 March 2023 - Contlnued 12. Analysls of ehafltable funds Analysls of rnovements In unrestrlrted funds Comblned Balance Funds Asat31 Transfets March 2023 Incomlng resources Resources expended As at l Aprll 2022 General fund 19.707 102,758 (10.672) 112.3031 99,490 Des18nated Funds 90,OOD 90,OCKI Total 109,707 102,758 110,6721 112,3031 189.490 The above balance of £109,707 on I" Aprll 2022 relates to reserves held by Nlamh Loulse Foundation lunincorporated). There were no funds held by Nlamh Louise Foundatlon, a c¢mpany Ilmlted by guarantee, Descrlptlon, nature and purposes ol the lund Name of unrestrlcted fund General fund The 'free reseThes' after allowlng for all desl8nated funds. Oesl8nJted funds: Reserves are needed to bridBe the gap between the spendin8 and receivin8 of income and to cover unplanned emer8ency repalrs and othef expenditure. 26
NIAMH LOUISE FOUNDATION Notes to Financial Statements For the Year Ended 31 March 2023- Continued Analysls of movements In restrlcted funds Comblned Balance Funds As at l Apvll 2022 In¢omln8 resources Resources expended Asat31 March 2023 Transfers Promotlon of mental Health 23,353 271,405 253,494 12,303 S3,566 Total 23,3S3 271,405 253,494 12,303 53,566 The above balance of £23,353 on I" April 2022 relates to reserves held by Niamh Louise Foundatlon (unincorporatedl. There were no fund5 held by Nlamh Loulse Foundatlon, a company Ilmlted by 8uarantee. Restrlcted Funds analysed •$ follows: Assets Property assets fund is the value of unrestricted funds represenied by the tangible fixed assets owned and used by the charity on an on-80in8 basis for educatlonal actlvltles. 2023 2022 Bl8 Lottery Natlonal Lottery Community Fund Dormant Accs Fixed Assets 10,813 10,000 37,416 6.150 12,540 53,566 23,353 The Big Lottery Projert Ceased durin8 2023. Assets transferred to Unrestrlcted Funds. 27
NIAMH LOUISE FOUNDATION Notes to Financlal Statements For the Year Ended 31 March 2023 - Continued 13. Analysls ol net assets between funds General Fund Desl8nated Funds Restrlcted Funds Total Tangible fixed assets Cash at bank and in hand Other net turrent assetsllllablllties) Total 29.561 80,622 (10,6931 99,490 6,150 53,811 16,395 53,566 35,711 224,433 {17,088) 243.057 90,000 90,000 14 Contln8ent Llabllltles There Is a contin6ent Ilablllty to repay grants recelved under the terms of thelr assoclated letters of offer If the charity falls to achieve and malntain speclfled condition5. In the oplnlon of the trustees thé terms of these letters of offer have been complled with In full and no loss is expected. 15 Related Party transartlons and uttlmate controllln8 party The trustees are the deemed controllln8 party due to thelr posltlon wlthln the company. 16 Ethlcal Standards In common with many or8anlsatlons of its sizé and nature, the charlty uses Its attountant to assist with the compilalion of the slatutory financial staternents. 28