NIAMH LOUISE FOUNDATION
NIAMH LOUISE FOUNDAnoN
(A company Ilmited by guarantee)
Report and Financlal Statements
Year endlng 31 March 2025
Company number: Nl 672653
Charlty Commlssion Number: 108043

NIAMH LOUISE FOUNDATION
Contents
Mission Statement
Management Committee Report
Trustees Report
6-12
Independent Examlners Report
13-14
Statement of Financial Activities
15
Statement of Financial Position
16
Notes to the financial statements
17-25

NIAMH LOUISE FOUNDATION
MISSION STATEMENT
-The oim of the Niamh Louise Foundation is to provide a safe environment where onyone can drop in
to chat about worrying thoughts, thoughts of suicide and/or self-harm. The Niomh Louise Foundation
will provide love, understonding and respect with a non-judgemental listening ear".

NIAMH LOUISE FOUNDATION
Management Committee Report
Since the origlnal formation of The Niamh Louise Foundation in 2006, the or8anisation has tirelessty
campaigned for the need to raise awareness of and de-stigmatise mental health. The Niamh Louise
Foundation provides suiclde prevention, inteNention and post-vention seNices for individuals and famllies
affected by suicide in the local community.
The organisation continues to work to develop and implement our own bespoke model of best practise in
suicide prevention, intervention. and post-vention services, having learned from individuals and families who
have used our services, as well as from the American Association of Suicidology.
Over the last 12 months there has been a number of signrficant occurrences including:
l. Our one-to-one inter*ntion services for individuals of all age5 Struggling with thoughts of suicide/self-
harm, or bereaved by suicide continue on a daily basis, alongside the Wednesday coffee morning IAlell-
Being & Recovery Group,.
2. Continuing to liaise with MLAS, includin& Orlaithi Flynn. Chair of the All-Party Group on Suicide Prevention
in Northern Ireland, Mike Nesbitt, Ministerfor Health, Pat Cullen. Colm Gildernew, and Diana Armstron&
to discuss the work of the Foundation and ongoin8 funding issues. Mike Nesbitt visited the Foundation
with the Department of Health to hear more about our work and dtscuss funding.
3. The annual Evening of Remembrance was held at Christmas time for families bereaved. This year saw 60
individuals in attendance, including 8 new families.
4. Facllltation of a BCPP funded project alongside McKeeverfs Chemist, Moyi attended by young women from
the Foundation, educating them on various issues around their physical and mental wellbein8.
5. Continued delivery of the Mental Health First Aid Tralning into the community and to local businesses,
including Mallaghan's, O&S Doors, BEAM Creative Network. and Yellow Ribbon.
6. Fundraising by many families and indwiduals in the community which has been vital in sustaining the work
of the Foundation. Families who donated or held fundraisers have included, the McFarland Famiby. the
8ums Famity, the Devlin Family, and the Stafford Famity.
7. Fundraising by varlous football clubs, local businesse5. & schools includin& Eoghan Ruadh Hurling Club
Dungannon, Armagh Golf Club, Dungannon Credit Union, McKeevers Chemist, Moy, Mallaghans,
Mccloskey International, Stranmillis University, St. Marf5 GAC. Burren. South West College, Dungannon.
Clogher Eire Og GAC. Aughnacloy College, Specdrum, Clonmore GFC, Pomeroy Plunketts GFC. Killyman St.
Marfs GFC, Hallions on Tour, Westland Hibs and Donaghmore FCS., Integrated College, Dungannon, and
Sands United FC. Dungannon.

8. Catherine Mc Bennett has continued to work on the implementation of the Psychological Autopsy in
Northern Ireland and continues to liaise with relevant 8overnment bodies on the issue in an effort to have
this available for all families bereaved by suicide in N. Ireland.
9. Staff have continued to attend the All-Party Group for Suicide Prevention in N.Ireland. ralslng local issues
around suicide and ensuring the work of the Foundation is highlighted.
10. A number of successful awareness sessions have taken place in the communty. educating on mental
health, self-harm. and suicide prevention.
11. A hi8hly successful walk and sk run was held to mark World Suictde Awareness Day on Sunday 10
September. The walk began at The Space, Market Square. Dungannon, and the njn began at Mallaghans
site, and all flnished at Newell Stores, Coalisland for ￿freshMents. There was a great crowd In attendance
and it was a brilliant dayfor raising awareness.
12. The Foundation was selected by Chair of the Mid Ulster Council to be one of his "Charitls of the Yeart.
resulting in ratsed awareness and ￿nding.
13. Seanna McBennett has undertaken trdining in a postgraduate certlfication in Cognitive Behavioural Practice
with Queen's Unlversity, Belfast.
The Foundation has continued to develop and improve links with a number of individuals and groups this year.
Ongolng links have continued with the Child and Adolescent Mental Health Team. GPS, local schools,
community & voluntsry groups, the PSNI. Families Voices Forum, and the Southern Health and Social Care
Trust including the Protect Life Co-ordinator and Social Work teams.
As we face the next financial year, we still need to continue to build our reseThes to malntain the staff and the
high quality of seNlce which we currently deliver within the community.
This year has Saw the community stand behind us more than ever, and we would like to thank everyone for
their fantastic support. We hope that we can continue to build on our already Suc￿55ful model of approach in
working wlth individuals with thoughts of suicide/self-harm In our local communities and continue to have the
flnancial income in order to allow us to do thls to the highest standards.
The Niamh Loulse Foundation Management Committee

NIAMH LOUISE FOUNDATION
Report of the trustees for the year endlng 31 March 2025
The trustees are pleased to present their annual directors, report together with the financial statements of the
charity forthe year ending 31 March 2025 which are also prepared to meet the requirements for a directors,
report and accounts for Companies Act purposes. An exemption to preparing a cash flow statement is claimed
under the small entity provisions within SIA of FRS 102.
The financial statements comply with the Charities Act 2008, the Companies Act 2006, the Memorandum and
Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice
(SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) {effective l January 2019).
Our purposes and activities
The organisation is established for the benefit of the public in Northern Ireland {hereinafter called the area of
benefit") to promote any charitable purpose directed to alleviate the distress caused by
suicide and ancillary to this:
(a)
to promote the preservation and protection of good mental health and advance public
education by raising awareness of mental health issues, suicide and the factors which
may lead to it among the general public in the area of benefit
(b)
to encourage people bereaved through suicide to provide mutual support and
encouragement to each other;
(c}
to provide assistance to people in despair or distress and thus reduce the incidence of suicide.
In shaping our objectives for the year and planning our activities, the trustees have considered the Charity
Commission's guidance on public benefit, including the guidance 'public benefit: running a charity {PB2)'. The
Foundation relies on grant income to cover its operating costs.
The strategies employed are to achieve the following:
Aim." To provide a place of sofrtyfvr young ond old INing with thoughts of suicide/selA-harm or bereaved by
suicide in Northern Ireland.
Objertives."
To train staff to the highest standard of suicide inter￿entIOn skills.
To de-escalate thoughts of suicide/self-harm among individuals.
To encourage recovery for individuals and families affected or bereaved by suicide through individual
care programmes and group wor*.
To provide safety plans, self-care, and mental health first aid tool kits for individuals at risk of
suicide/self-harm and their families.
To encourage recovery and self-awareness of an individual's mental health and triggers in the
prevention of suicide/self-harm.

NIAMH LOUISE FOUNDATION
Aim.. To be a qood leader wfthln the community.
Objertives..
To keep committee, staff and volunteers updated on current research and government developments
in relation to suicide and self-harm within Northern Ireland.
To promote our work through various rural sporting, cultural, and community organisations.
To ensure excellent standards in governance in complying with all statutory regulations and reporting
requirements.
To form collaborative partnerships with other agencies to use our expertise and knowledge to inform
and influence public policy and debate.
Aim.. To change lives by inspiring and encouraging the community to become volunteers.
Objertives..
To empower the community through education and workshop programmes on suicide and self-harm.
To leave a legacy by volunteering and in creating awareness in the community through various
community events.
To engage individuals, companies and communities through a range of fvndraising initiatives.
To promote the work of the Niamh Louise Foundation through the voice of our volunteers.
Alm.. To make a meoningfvl and lasting legacy by raising the profile of suicide prevention at executive level.
Objectives..
To be an authoritative voice on suicide in Northern Ireland.
To use our links with strategic and community bodie5 in Northern Ireland to promote systemic change
at local and government level.
To engage in collaborative models of working.
To strengthen partnerships with other seNi¢e providers to widen choices available to our clients.

NIAMH LOUISE FOUNDAnoN
Aim.. To delivertraininq and educotlonalprogmmmes on sulclde ond selA-hami in Northem Irelond to
chlldren and young people.
Obiertlve&'
To strengthen and maintain high stsndards of training.
To expand our training to youth through community organisations and schools.
To develop a Social media programme as a tool to reach out to children and young people.
To deslgn programmes that will build capaclty, self*steem. understandlng and education in relation
to suicide and self-harm.
Aim." To dfrstt"gmatlse suAcide and selAtharni in communities oAIVorthem Irdan
Objectlves..
To encoura8e all communities to take ownership in ¢￿atIng awareness on sulc5de and self-harm.
To promote ￿COVery and Identify care pathways in relation to suicide and self-harm.
To communicate key messages to leading organisations within the community on suicide prevention.
To promote help-seeking skills in the prevention of suicide.
The Foundation now works with people across the 9 Counties of Ulster.
Financlal review
The income and expenditure for the year is detailed in the accounts. A major financial concern for the
Foundation as with any charty will be the ongoing financial sustainability from funding in the years to come.
The trustees are awa￿ of the need to maintain free reserves, especially in the current economic climate.
Continual fund raising will be ne￿sSary In order to retain sufficient levels of reserves.
We would like to acknowledge the continued support of our funders as referred to in note 4 in the accounts. It
is important to recognise that their funding really does make an impact.
The income for the year wa5 £146K of which £8K was received as grdnt funding. The expendlture of £192K 15
expended on charltable activities.
The balance of funds at 31 March 2025 was £246K all of which £287K is unrestritted income. £90K is
designated funds.

NIAMH LOUISE FOUNDATION
Reserves pollcy and golng ctsncern
The Trustees have examined the chaflty's requi￿rnents for reserves considerin8 the main risks to the
organlsation and established a fomal policy which stipulates that free reserves be maintalned at a level which
ensures that the charity's core activity could continue during a period of unforeseen difficulty. Free reseples
are defined by the Trustees as unrestricted income funds freely available for use as the charity 50 determines
and thereby excludes any funds commltted, invested in tsngible fixed assets held by the charity and restricted
or designated funds,
Reserves are needed to bridge the gap between the spendln8 and receiving of Incorne and to
cover unplanned emergency repairs and other expenditure. The trustees consider that the Ideal level of
reserves as of 31 March 2025 would be £90,000.
Without the support of our funders and contlnued fundraising efforts by staff and volunteers, it is doubtful
that the Foundatlon could continue operating. The trustees are endeavouring to ensure the suc￿55 wtth a
combination of measures Including fundraisers and applications to funding bodies In an effort to secure staff
posts and long-temi sustainability of the charity.
The trustees have reviewed the circumstances of the Foundation and consider that adequate resources
contlnue to be available to fund the activities of the Foundation for the foreseeable future. The trustees are of
the view that Foundation is a going concern.
A major financial concern for the Foundation as with any charlty will be ongoing financial sustsinability from
fundin8 in the years to come. The trustees are aware of the need to rnaintain free reserves, especially in the
tur￿nt economlc climate. Contlnual fundraising wlll provide a challenging environment in the years to come.
We would like to acknowledge the contlnued support of our funders as referred to In note 4 in the accounts.
It 15 important to reco8nise that their funding really does make a change.
Reference and admlnlstratlve details
Operating address:
32 Coalisland Road, Killybrackey, Dun8annon, Co. Tyrone, BT716LA
Our advlsers
Accountant
E A Grlmley & Co Limited,16 Clonoe Village Buslness Park, 98 Washlngbay Road, Clonoe,
Dungannon, Co Tyrone, Bf/i 4PU
Ulster 8ank, 39 Market Square, Dungannon. Co Tyrone, BT70 IJJ
Bankers;

NIAMH LOUISE FOUNDATION
Key management personnel Niamh Loulse Foundatlon: Trustees,
Trustees
The trustees and offlcers serving during the year and slnce the year end were as follows:
Chair-person
Jolene Farrell
Gerard Carroll
Caitlin Bullock
Anthony Knox
Heather Stafford
NEel Stafford
Resigned 291112025
Resigned 281112025
Resigned 28/V2025
Key management personnel:
Senior managers of the Niamh Louise Foundation:
Catherine Mccaul - Operational Director
Strurture. Governance and Management
fjoverning Document
Niamh Louise Foundation is a Company Limited by Guarantee governed by its Memorandum and Articles of
Association dated 17 September 2020.
It Is a registered charity with the Charity Commission Northern Ireland. The charity registratlon number is NIC
108043.
The charity is also re8iStered with HMRC.
Appolntment ol trustees
As set out in the Articles of Assoclation the minlmum Board members shall be 3.
The Trustees shall be entitled to invite members of the public to attend as observers at any Annual General
Meetin8 or any other meeting5 of the Trustees.
Or£anlsation
The board of trustees, which require a minimum of 3 Trustees. administers the charity. The charity is managed
by the Trustee Board.
To facilitate effective operations, the Operation Director has delegated authorlty. within terms of delegation
approved by the trustees, for Dperational matters including finan￿, employment.
Relatsd partle5 and Cowoperation with other oryanlsatlons
10

NIAMH LOUISE FOUNDATION
None of our trustees re￿1ve remuneration or other benefit from their work wlth the charlty. Any connection
between a trustee and senior manager of the charity With a fun41er must be disclosed to the full board of
trustees in the same way as any other contractual relationship with a related party. In the current year no such
related party transaction5 were reported.
Pay policy for senlor Stsff
The rates of pay are in line wlth the SHSCT scale.
Rlsk management
The trustees have a risk management strategy which comprises:
an annual review of the principal rlsks and uncertainties that the charity may face.
the establishment of policies systems and procedures to mitigate those risks identified In the annual
review; and
the implementation of procedures designed to minimise or manage any potential impart on the
charity should those risks materialise.
This work has identified that financial sustainability is the major financial rlsk for the charity. A key element in
the management of financlal risk is a regular review of available liquid fiJnd5 to settle debt5 as they fall due
and regular lialson with the Operational Director to ensure sufficient working capital by the Foundation.
Attention has also been focussed on non-financial risks arising from fire, health and safety staff, volunteers
and clients. These risks are managed by ensuring accreditation is up to date, havlng robust pollcies and
procedures in place and regular awareness training for staff working In the￿ operational areas.
Trusted responsibllltles In relation to the flnancial statements
The charity trustees (who are also the direttors of the Niamh Louise Foundatlon for the purposes of company
law) are responslble for preparlng the trustees, annual report and flnancial statements in accordance with
appllcable law and United Kingdom Account5ng Standards (Unlted Kingdom Generally Accepted Accountlng
Practice).
Company law requires the charity trustees to Prepa￿ financial statements for each year whlch
give a true and falr view of the state of affairs of the charitable company and of the Sncoming resources and
application of resources, including the income and expenditure, of the charitable company for that perlod. In
preparin8 the financial statements, the trustee5 are required to:
select suitable accounting policles and then apply them consistently,"
observe the methods and principles tn the Charitles SORP.
make judgements and estimates that are reasonable and prudent;
state whether applicable UK accounting standards have been followed, subject to any material
departures disclosed and explalned in the financial statements; and
prepare the flnancial Statements on the going concem basis unless it is inappropriate to presume that
the charity wlll continue in operation.
li

NIAMH LOUISE FOUNDATION
The trustees are responsible for keeping proper accountlng records that disclose with reasonable accuracy at
any time the financial posltion of the charitsble company and to enable them to ensure that the financial
statements comply with the Companies Act 2006. They are also responsI￿[e for safeguarding the assets of the
charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularitie
The trustees are responsible for the maintenance and integrlty of the corporate and financial
information included on the charitable company's website.
Statement as to disclosure to our Independent Examiner
In so far as the trustees are awa￿ at the time of approving our trustees, annual report:
there is no relevant infomiatlon of which the charitable companws Independent Accountsnt is
unaware. and
the trustees, having made enquiries of fellow trustees have each tsken all steps that he/she 15 obliged
to take as a trustee in order to make themselves aware of any relevant information and to establish
that the Independent is aware of that information.
This ￿port
as approved by the board of trustees and signed on 29 January 2026 on its behalf by
Jolene Farell
Trustee
12

NIAMH LOUISE FOUNDATION
Independent examlner's report to the Charlty Trustses on the unaudlted financial ststsments of the Niamh
Loulse Foundatlon.
I report to the charitytrustee5 on my examlnatlon of the accountsof Niamh Louise Foundation for the year ended
31 March 2025.
Respective responslbllities of trustees and independent examlner
As the charitfs trustees of the Company (who are also the directors of the company for the purpo￿5 of
company law), you are responsible for the preparation of the accounts in accordance with the requirements of
the Companies Act 2006 (°the 21XY6 ACV).
Having satisfied myself that the charity is not subject to audlt under company law under Part 16 of the 2￿6
Act , and is eligible for independent examination. it is my responsibility to:
examine the accounts under section 65 of the Chartties Act (Northern Irelandl 2008,.
follow the procedures laid down in the general Directions gtven by the Charity Commission for
Northern Ireland under sectlon 65(9)(b) of the Charitie5 Act; and
state whether particular matters have come to my attention.
Basls of independent examine￿5 ststement
I have examlned your charity accounts as required under sectlon 65 of the Charities Act and my examination
was carried out in accordance with the general Dlrections given by the Charity Commisslon for Northern
Ireland under section 65{9){b) of the Charities Act.
The examlnation included a revlew of the accounting records kept by the charity and a comparison of the
accounts presented with those records. It also includes conslderation of any unusual items or dlsclosures in
the accounts, and seeklng explanatlons from you as tharity trustees concerning any such matters.
My role is to state whether any mater5al matters have come to my attention giving me cause to believe:
l. That accounting records were not kept in accordance with section 386 of the Companles Act 2CM)6
2. That the accounts do not accord with those accountln8 records
3. That the accounts do not comply with the accountlng requirements of section 396 of the Companles
Act 2006 and with the methods and princlples of the Charities Statement of Recommended Practice
applicable to charities preparing their accounts In accordance with the Financial Reporting Stsndard
applScable in the UK and Republic of Ireland
4. That there is further infonnation needed for a proper understanding of the accounts to be reached.
13

NIAMH LOUISE FOUNDATION
Independent examlnerfs ststement
Where the company's gross income exceeded £250,OCXJ your examlner must be a memberof a body listed in
section 145 of the 2011 ACL
I confirm that l am qualified to undertake the examination by being a qUalif￿d member of Institute Of
Chartered Accountants Ireland.
I have completed my examination and have no concerns in respect of the matters (l) to14) listed above and,
in connectton with following the Directions of the Charity Commission for Northern Ireland, I have found no
matters that require drawing to your attention.
Ethna Grlmley
Independent examlner
Relevant Professlonal Qualification: FCA
E A Grimley & Co Ltd
Chartered Accountants & Registered Auditors
16 Clonoe Vlllage Buslness Park
98 Washingbay Road
Coalisland
Co Tyrone
BT714PU
Dated . 29th January 2026
14

NIAMH LOUISE FOUNDATION
Statement of Financial ArtSvltles
(including income and expenditure account)
for year endlng 31 March 2025
The ststement of financial activities includes all gains and losses recognised in the year. All income and
expenditure derive from continuing activities.
2025
Total
Funds
2024
Total
Funds
UDrestritted Restrlcted
Funds
Funds
Notes
Income:
Aclivitiesfor generatingfvids
Donations and Legacies
127,414
127,414
95,017
Incomefrom chariluble aciivities..
Grant Income
Capital Grants
Jnveslment income
7,700
7.700
206.006
10540
10.540
546
Totsl income
137.955
7,71JO
145,655
301 ￿69
Expenditure
Cosls ofgeneralingfvnds..
75
75
28.00
Expenditure on charitable activilies."
Expenditure
177,J10
14.598
191.708
252.008
Total expendlture
177 185
14598
191.783
252,036
Net incomel(expenditur¢) and net
movement in funds for the y¢ar
(39 170)
16,X98)
(46 1 ?%}
49,533
Transfer between Funds
(1.978)
1,978
Reeonciliation of funds
Total Funds bmught forward
Total funds earned forward
287.668
246,460
292,588
246,460
133,060
182593
The notes on pa8es 17 to 25 forni an Integral part of these accounts.
15

NIAMH LOUISE FOUNDATION
Statement of Flnanclal Posltion (Balance Sheet)
As at 31 March 2025
3V03A025
30103/2024
PY
Note
Fixed Assets
Plant
Net Flxed Assets
11
24,365
24,365
30,365
30,365
Current Assets
Bank
Totsl Current Assets
237,875
237,875
278,819
278.819
Current Llabillties
Trade creditors
PAYE
Other wages Costs
Accruals
Total Current Llabilhles
10,693
474
314
4,300
15.781
10.693
3,089
314
2.500
16,596
12
Net Current A55ets (CA_CL)
Net Assets
222,095
246,460
262,223
292,588
Totsl Assets
Represented BY
Deslgnated Funds
un￿strICted Funds
Restritted Funds
13
13
14
90,(XYJ
156,460
90,OCK)
197,668
4,920
292.588
246,460
These accounts are prepared In accor(lance with the special provlsions of Part 15 of the Companies Att
relating to small companies and constitute the annual accounts required by the Companies Act 2006 and are
for circulation to members of the company.
th
The financial statements We￿ approved on 29 January 2026 and signed on the trustee's behalf by;
jole￿ Farrell
Chairperson
Company Number Nl 672653
The notes on pages 17 to 25 forni an integral part of these attount&
16

NIAMH LOUISE FOUNDATION
Notes to Financlal Statements - For the year ended 31 March 2025
Attountlng Pollcles
The princlpal accounting policies adopted, judgements and key sources of estimation uncertalnty in
the preparation of the financial statements are as follows:
Charfty informatlon
Niamh Louise Foundation is a private limited company incorporated In Northern Ireland. The
registered office is 32 Coalisland Road, Killybrackey, Dungannon. Tyrone, 8T716LA
b)
Basls of preparation
The financial statements have been prepared in accordance wlth Accounting and Reporting bv
Charities: Statement of Recommended Practice applicable to charities accounts Republic of Ireland
(FRS 102) (effective l January 2019)- {Charities SORP (FRS 102)), in accordance with the Financial
Reporting Stsndard applicable In the UK and preparing their Ftnancial Reporting Standard appllcable in
the UK and Republic of Ireland (FRS 102).
The financial statements are prepared in sterling £ whlch is the functional currency of the charlty.
Monetary amounts in these financial ststements are rounded to the nearest £.
The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are
initially recognised at historical cost or transaction value unless otherwise stated in the relevant
accountlnB policy note{s).
d)
Preparation of the accounts on a golng concern basis
The number of people using the NLF Trust is increasing year on year but the uncertainty surrounding
funding is a si8nlficant area of financial uncertainty that will invariably impact upon seNi¢es that we
can offer. The trustees have mltigated these r5sks by continually challenging decisions made at
government level to ensure that the impact of provisions of services is minimal.
The trustees are of the vlew that measures have been taken subsequent to the year-end to ensure
continuous fundlng forthe immediate future of the NLF Trust for the next 12 months and that on this
basls the charity is a 80ing concern. Should funding be reduced the NLF Trust considers that they will
be able to continue albeit at a much-reduced level of the next 12 months.
Income
Income is recognised when the charity has entitlement to the funds, any performance condltions
attached to the item{s} of income have been met. it Is probable that the Income will be receNed and
the amount can be measured reliablv.
Income from government and other grants whether'capitsl, grants or'revenue, grants, is recognised
when the charity has entitlement to the funds, any performance condltions attached to the grants
have been met. it is probable that the income will be rece5ved and the amount can be measured
rellably and is not deferred.
17

Donated services and facllttles
Donated professlonal servlces and donated facilities are recognised as income when the
charity has control over the item, any conditions assoclated with the donated item have
been met, the receipt of economic benefit from the use by the charity of the item is
probable and that economic benefrt can be measured reliably. In accordance wtth the
Charities SORP IFRS 102), the general volunteer time of the NLF Trust Is not recognised and
refer to the trustees, annual report for more information about their contributlon.
On receipt, donated professional seN1￿5 and donated facilities are recognised on the basis
of the value of the gift to the charity whlch Is the amount the charity would have been
willing to pay to obtain services or facilities of equivalent economlc benefit on the open
market. a corresponding amount is then recognised In expenditure in the period of reteipt.
8)
Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be
measured reliably by the charity. this is normally upon notification of the Inte￿$t paid or
payable by the Bank.
h)
Fund accounting
Unrestricted funds are available to spend on activities that further any of the purposes of
charity. Designated funds are unrestricted funds of the charfty which the trustees have
decided at their discretion to set astde to use for a specific purpose. Restricted funds are
donations which the donor has specified are to be solely used for particular areas of the NLF
Trusys work or for specific artistic projects belng undertaken by the NLF Trust.
Expenditure and irrecoverable VAT
Expenditure is reco8nised once there is a legal or construrtive obligatlon to make a payment
to a third party, it is probable that Sett￿ment will be required and the amount of the
obligation can be measured rellably. Expenditure is classified under the following activity
headings:
•• Expenditure on charitable activities includes the costs of education and crèche costs
undertaken to further the purposes of the charity and their associated 5UPPOrt costs.
•• Other expenditure represents those items not falling into any other heading.
Ir￿COVerable VAT is charged as a cost against the activity for which the expenditure was
incurred.
18

NIAMH LOUISE FOUNDATION
Note5 to Flnanclal Statements For the Year Ended 31 March 2025 - Continued
J)
Allocatlon of support tosts
Support costs are those functions that assist the work of the charity but do not directly
undertake charitable attivities. Support costs include back-office costs, finance, personnel.
payroll and governano costs which support the Trusts artistic programmes and activities.
These costs have been allocated between cost of raising funds and expenditure on charitable
activlties. The bases on which support costs have been allocated are set out in notes.
k)
Operating leases
The charity classifles the lease of printin& as operating leases: the title to the equipment
remains with the lessor and the equipment is repla￿ every 5 years whilst the economic life
of such equipment is normally 10 years. Rental charges are charged on a straight-line basis
over the term of the lease.
i)
Tangible fixed assets
Individual fixed assets Costing £1,0￿ or more are capitalised at cost and are depreciated
over their estimated useful economic Itves on a straight-llne basis as follows:
Asset Category Annual rate
Equipment and Fixtures and fittings
20% Reducing Balance
Stock
Stock is included at the lower of cost or net realisable value. Donated Items of stock are
recognised at fair value which Is the amount the charity would have been wllling to pay for
the items on the open market.
Debtors
Trade and other debtors are ￿CognISed at the settlement amount due. Prepayments are
valued at the amount prepald net of any trade discounts due.
Cash at bank and In hand
Cash at bank and cash in hand includes cash and short term highly liquid investments wfth a
short maturity of three months or less from the date of acquisitlon or opening of the deposit
or simllaT account.
p)
Credltors and provlsions
Creditors and provisions are recognised where the charity has a present obligation resulting
from a past event that will probably result in the transfer of fund5 to a third party and the
amount due to settle the obligation can be measured or estimated reliably. Creditors and
provislons are normally recognised at their settlement amount after allowing for any trade
discounts due.
19

NIAMH LOUISE FOUNDATION
Notes to Financlal Ststements For the Year Ended 31 March 2025 - Continued
q)
Pensions
Employees of the charlty are entitled to Joln the Workers Penslon Trust Scheme whlch 55
funded by contributions 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 status of the Trust
The organisation is governed by its constitutlon.
Donatlons
3110312025
3010312024
Donations and Fundraislng
Just Giving
Charitable Giving
Gift Aid
Paypal
Sales of merchandlse
Other
87.849
23,628
58.882
12,906
30
250
615
15.864
14
22,334
95,017
127,414
Grant Income
Grant Income
Year endlng Unrestrfcted
31/03/2025 3110312025 3V0312025
Restrfcted
Year endlng
30103/2024
Community Foundatlon for Northern
Ireland
6,500
6,500
162,175
Dormant Accs
43,830
Mid Ulster Distritt Council
200
CharSty Trusts
1,000
7,700
7,700
206,006
20

NIAMH LOUISE FOUNDATION
Notes to Financlal Statements For the Year Ended 31 March 2025 - Contlnued
Investment Income
All of the investment income of arises from money held in Snterest bearing deposit accounts.
6. Analysls of expendlture on charitsble actlvlties
Totsl
Expenditure Year
ending
Total Expenditure
Year endlng
Unrestrfcted
Restricted
Expenditure on charltable
activities:
311031202S
3V0312025
3110312025
3010312024
Wages and salaries
Staff Pensions
Project Work and Therapie5
Project Maintenanc¢
Staff Training
Rent payable
Heat and Li8ht
Rates
Insurance
AdvertSsement
Repairs and maintenan
Raising Awareness and
Publlcations costs
SupeNision Costs
Printingi Postage and ststionery
Training Expenses
l Mentoring
Telephone
Monitoring and Evaluation
Stsff Travel and Expenses
Subscriptions
Professional Fees
Interest
General expenses
Depreclatlon of tanglble assets
Support Costs- Note 7
Totsl Expenses
144.987
137,487
7,500
131,295
5,339
12,762
21,960
150
9,960
5,141
3.120
7,220
3.120
7.220
10.782
3,215
10.782
3,215
871
871
120
588
11,658
1,270
1,270
4.986
340
2,294
503
3,865
503
3,865
1.904
1,904
1,557
3,948
1.102
394
3,522
3,522
23,344
1,152
1,152
2,620
7,591
2,659
252,008
6.(XJO
1,803
191.708
1,803
177,110
14.598
Support Costs are those functions that assist the work of the charity but do not directly undertake
charltsble activities such as accountsncy.
21

NIAMH LOUISE FOUNDATION
Notes to Financial Statements For the Year Ended 31 March 2025 - Contlnued
Support Costs
Current Year
2024
General
support
Govemance
Total
Total
Accountancy
Legal Fees
Bank charges
1,800
2,500
159
2,659
1,803
1,803
Net Income/(expenditure) for the year
2024
2023
Thls Is ststed after charglng:
Depreciation
6,000
7,591
Staff Numbers
The average monthly head count was 4 staff (2024: 41.
Analysis of staff costs, trustee remuneration and expenses and the cost of key
mana8ement personnel
10.
No employees had employee benefits in excess of £60.CA)0 (2023: nll}.
The charity trustees were not paid or received any other benefits from employment with the
Trust in the year (2024: £nil} neither were they reimbursed expenses during the year (2024: £nll}.
No charity trustee received payment for professional or other services supplied to the charity
{2024: £nil).
22

NIAMH LOUISE FOUNDATION
Notes to Financial Ststements For the Year Ended 31 March 2025 - Continued
11.
Tanglble fixed assets
Plant
TOTAL
Cost as at
Cost as at
0110412024
3110312025
75,632
75,632
75,632
75,632
Deprectation
Charge for perlod
Disposal
Depreciation
01/0412024
45,267
45,267
31103/2025
51,267
51.267
Net Book Value
31103/2025
24,365
24,365
Net Book Value
3110312024
30,365
30,365
12.
Credltors: amounts falling due withln one year
2025
Trade credltors
PAYE
Other wages Costs
Accruals
10.693
474
314
4.300
10,693
3,089
314
2,500
15,781
16,596
13.
Analysls of charltable funds
Balanee
FuDds
Incoming Re80ur¢es
re8ourees
expended
3110312024
Transfers
3110312025
General fund
D¢signated Retained
Reserves
197,668
137,955
177,185
(1,978)
156,460
90,000
90,000
Total
287,668
137,955
177.185
1,978
246,460
23

NIAMH LOUISE FOUNDATION
Notes to Financlal Statements For the Year Ended 31 March 2025 - Continued
Analysis of movements In Un￿St￿Cted fund5
Descrlption, nature and purposes of the fvnd
Name of unrestricted fund
General fund
The 'free reserveg after allowing for all designated funds.
Deslgnated funds:
Reseroes are needed to bridge the Bap between the spending and
receiving of income and to cover unplanned emergency repairs and
other expenditure.
14. Analysis of movements in restricted funds
Balance
Funds
In¢oming Resources
resources expended
3110312024
Transfers
3110312025
Education
4.920
7,700
14,598
1.978
Total
4,920
7,700
1,978
At 31 March 2025 all fvnded projects were complete with no restrlrted funds.
15. Analysls of net a55ets between funds
3110312025
3110312023
Capital
Fixed Assets
4,920
Total Restricted incorne
4.920
16
Contlngent Liabllitles
There is a contingent liablllty to ￿paY grants receNed under the temis of their associated letters of
offer sf the charity fails to achieve and maintain specified conditions.
In the opinlon of the trustees the terms of these letters of offer have been complied with in full and no
loss is expected.
24

NIAMH LOUISE FOUNDATION
Notes to FinancAal Statements For the Year Ended 31 March 2025 - Continued
17
Related Party transactlons and ultlmate controlling party
The trustees are the deemed controlling party due to their position wlthin the company.
18
Ethical Stsndards
In common with many organlsations of its slze and nature, the charity uses its accountant to assist with
the compilation of the statutory financial statements.
25