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
#10

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-tO￿ne 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 pe￿Onnel.
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 cha￿ty 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 Whettr￿r 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 Profes￿Onal Quallfkatlon: FCA
E AGrlmley & Co Ltd
16 Clonoe Vlll•ge Buslness Park
98 Washlngbay Road
Coallsland
Co Tyrone
BT714PU
arter￿ Ar￿Quntants & 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
Expendl￿re
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
23￿53
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 ecor￿MiC 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
un1nc￿POIaIed
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 unInco￿OI?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