Company registration number: NI720558 Charity registration number: 108110
## iAssistNI Limited
(A company limited by guarantee)
Annual Report and Financial Statements
for the period from 30 August 2024 to 31 March 2025
NBAS Chartered Accountants NBAS Chartered Accountants C/o NBAS Chartered Accountants 17 Carnmoney Road, Glengormley Newtownabbey BT36 6HL
## **iAssistNI Limited**
## **Contents**
|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2 to 5|
|Independent Examiner's Report|6|
|Statement of Financial Activities|7|
|Balance Sheet|8|
|Notes to the Financial Statements|9 to 17|
## **iAssistNI Limited**
## **Reference and Administrative Details**
## **Chairman**
Mr Augustine Egiomo
**Trustees**
## **Charity Registration Number**
Mrs Ifueko Agbontaen Dr Eurides Da Silva Amona Dr Olga Eguaogie Hasna Yousif Sodgi Elsiyofi Mr Derek Egioze, Treasurer 108110
**Company Registration Number**
**Principal Office**
**Independent Examiner**
NI720558 92 York Road Belfast BT15 3HF NBAS Chartered Accountants NBAS Chartered Accountants C/o NBAS Chartered Accountants 17 Carnmoney Road, Glengormley Newtownabbey BT36 6HL
Page 1
## **iAssistNI Limited**
## **Trustees' Report**
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements and auditors' report of the charitable company for the period ended 31 March 2025.
Page 2
## **iAssistNI Limited**
## **Trustees' Report**
## **Objectives and activities**
## _**Public benefit**_
At IASSISTNI, our mission is to create a compassionate and connected world through the power of friendship and
support. We are a dedicated befriending charity that believes in the profound impact of human connection, recognising that loneliness and isolation can be deeply detrimental to individuals' mental, emotional, and physical
well-being. Our organisation strives to address this growing societal issue by fostering meaningful relationships that
uplift and empower vulnerable members of our community.
## Why We Exist:
In today's fast-paced and digitally driven world, loneliness has become an alarming epidemic, affecting people of all
ages and backgrounds. From seniors experiencing the loss of loved ones to isolated youth facing bullying or lack of
social integration, loneliness permeates our society, leading to severe consequences for mental health, self-esteem, and overall quality of life.
## Our Solution:
IASSISTNI firmly believes that human connections have the power to heal, nurture, and transform lives. We envision a world where everyone feels valued, heard, and supported, regardless of their circumstances. To achieve
this, we have established a compassionate network of dedicated volunteers who act as befrienders, reaching out to
those in need and offering friendship, empathy, and understanding.
## What We Do:
1. Befriending Program: Our flagship befriending program connects trained volunteers with individuals who are experiencing loneliness or social isolation. These caring relationships go beyond casual chats, as our befrienders invest their time, energy, and hearts in cultivating genuine friendships.
2. Community Engagement: We actively engage with local communities to raise awareness about loneliness and its
impact on mental health. Through workshops, seminars, and awareness campaigns, we promote the value of human
connection and encourage people to reach out to those who may be feeling isolated.
3. Specialized Support: We offer specialized befriending services for various vulnerable groups, including seniors,
individuals with disabilities, refugees, and young people facing difficult life transitions. Our tailored approach ensures that each individual receives the support they need to thrive.
4. Empowerment and Training: We provide comprehensive training and ongoing support to our volunteers, equipping them with the necessary skills to build meaningful relationships and handle sensitive situations with empathy and professionalism.
## Our Impact:
Through our befriending initiatives, we have witnessed incredible transformations in the lives of those we serve. Loneliness dissipates, self-esteem flourishes, and a sense of belonging takes root. We measure our success not only
by the number of friendships formed but by the profound positive changes experienced by both befrienders and service users alike.
Page 3
## **iAssistNI Limited**
## **Trustees' Report**
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
## **Structure, governance and management Financial instruments**
## _**Objectives and policies**_
The charity's activities expose it to a number of financial risks including credit risk, cash flow risk and liquidity risk. The use of financial derivatives is governed by the charity’s policies approved by the board of trustees, which provide written principles on the use of financial derivatives to manage these risks. The charity does not use derivative financial instruments for speculative purposes.
## _**Cash flow risk**_
The charity’s activities expose it primarily to the financial risks of changes in foreign currency exchange rates and interest rates. The charity uses foreign exchange forward contracts and interest rate swap contracts to hedge these exposures.
Interest bearing assets and liabilities are held at fixed rate to ensure certainty of cash flows.
## _**Credit risk**_
The charity’s principal financial assets are bank balances and cash, trade and other receivables, and investments. The charity’s credit risk is primarily attributable to its trade receivables. The amounts presented in the balance sheet are net of allowances for doubtful receivables. An allowance for impairment is made where there is an identified loss event which, based on previous experience, is evidence of a reduction in the recoverability of the cash flows.
The credit risk on liquid funds and derivative financial instruments is limited because the counterparties are banks with high credit-ratings assigned by international credit-rating agencies.
The charity has no significant concentration of credit risk, with exposure spread over a large number of counterparties and customers.
## _**Liquidity risk**_
In order to maintain liquidity to ensure that sufficient funds are available for ongoing operations and future developments, the charity uses a mixture of long-term and short-term debt finance.
Further details regarding liquidity risk can be found in the Statement of accounting policies in the financial statements.
## **Statement of trustees' responsibilities**
The trustees (who are also the directors of iAssistNI Limited for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".
Company law requires the trustees to prepare financial statements for each financial period. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
Page 4
## **iAssistNI Limited**
## **Trustees' Report**
- state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
## **Disclosure of information to auditor**
Each trustee has taken steps that they ought to have taken as a trustee in order to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that information. The trustees confirm that there is no relevant information that they know of and of which they know the auditor is unaware.
The annual report was approved by the trustees of the charity on 17 December 2025 and signed on its behalf by:
......................................... Mr Augustine Egiomo Chairman
Page 5
## **iAssistNI Limited**
## **Independent Examiner's Report to the trustees of iAssistNI Limited ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.
## **Responsibilities and basis of report**
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of iAssistNI Limited as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## Nigel Beggs
...................................... Nigel Beggs NBAS Chartered Accountants C/o NBAS Chartered Accountants 17 Carnmoney Road, Glengormley Newtownabbey BT36 6HL
17 December 2025
Page 6
## **iAssistNI Limited**
## **Statement of Financial Activities for the Period from 30 August 2024 to 31 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)**
|**Note**
**Income and Endowments from:**
Donations and legacies
3
Other income
4
Total income
**Expenditure on:**
Raising funds
5
Total expenditure
Net expenditure
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
11|**Unrestricted**
**funds**
**£**
39,520
2,305
41,825
(42,615)
(42,615)
(790)
(790)
26,308
25,518|**Total**
**2025**
**£**
39,520
2,305|
|---|---|---|
|||41,825|
|||(42,615)|
|||(42,615)|
|||(790)|
|||(790)
26,308|
|||25,518|
All of the charity's activities derive from continuing operations during the above period.
The notes on pages 9 to 17 form an integral part of these financial statements. Page 7
## **iAssistNI Limited**
## **(Registration number: NI720558) Balance Sheet as at 31 March 2025**
|**Note**
**Fixed assets**
Tangible assets
7
**Current assets**
Debtors
8
Cash at bank and in hand
9
**Creditors: Amounts falling due within one year**
10
**Net current assets**
**Net assets**
**Funds of the charity:**
**Unrestricted income funds**
Unrestricted funds
**Total funds**
11|**2025**
**£**
7,823
3,634
14,601|
|---|---|
||18,235
(540)|
||17,695|
||25,518|
||25,518|
||25,518|
The financial statements on pages 7 to 17 were approved by the trustees, and authorised for issue on 17 December 2025 and signed on their behalf by:
......................................... Mr Augustine Egiomo Chairman
The notes on pages 9 to 17 form an integral part of these financial statements. Page 8
## **iAssistNI Limited**
## **Notes to the Financial Statements for the Period from 30 August 2024 to 31 March 2025**
## **1 Charity status**
The charity is limited by guarantee, incorporated in , and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £Nil towards the assets of the charity in the event of liquidation.
The address of its registered office is: 92 York Road Belfast BT15 3HF
These financial statements were authorised for issue by the trustees on 17 December 2025.
## **2 Accounting policies**
## **Summary of significant accounting policies and key accounting estimates**
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
## **Statement of compliance**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Basis of preparation**
iAssistNI Limited 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 accounting policy notes.
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
## **Income and endowments**
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
## _**Donations and legacies**_
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.
Page 9
## **iAssistNI Limited**
## **Notes to the Financial Statements for the Period from 30 August 2024 to 31 March 2025**
## _**Grants receivable**_
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
## _**Raising funds**_
These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.
## **Support costs**
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **Tangible fixed assets**
Individual fixed assets costing £0.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
## **Depreciation and amortisation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
## **Trade debtors**
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
Page 10
## **iAssistNI Limited**
## **Notes to the Financial Statements for the Period from 30 August 2024 to 31 March 2025**
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
## **Borrowings**
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
## **Foreign exchange**
Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are reported at the rates of exchange prevailing at that date.
The results of overseas operations are translated at the average rates of exchange during the period and their balance sheets at the rates ruling at the balance sheet date. Exchange differences arising on translation of the opening net assets and results of overseas operations are reported in other comprehensive income and accumulated in equity (attributed to non-controlling interests as appropriate).
Other exchange differences are recognised in the Statement of Financial Activities in the period in which they arise except for:
1) exchange differences on transactions entered into to hedge certain foreign currency risks (see above);
2) exchange differences arising on gains or losses on non-monetary items which are recognised in other comprehensive income; and
3) in the case of the consolidated financial statements, exchange differences on monetary items receivable from or payable to a foreign operation for which settlement is neither planned nor likely to occur (therefore forming part of the net investment in the foreign operation), which are recognised in other comprehensive income and reported under equity.
## **Fund structure**
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.
Page 11
## **iAssistNI Limited**
## **Notes to the Financial Statements for the Period from 30 August 2024 to 31 March 2025**
## **Financial instruments**
## _**Classification**_
Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.
## _**Recognition and measurement**_
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.
Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.
Page 12
## **iAssistNI Limited**
## **Notes to the Financial Statements for the Period from 30 August 2024 to 31 March 2025**
## _**Debt instruments**_
Debt instruments which meet the following conditions are subsequently measured at amortised cost using the effective interest method:
(a) The contractual return to the holder is (i) a fixed amount; (ii) a positive fixed rate or a positive variable rate; or (iii) a combination of a positive or a negative fixed rate and a positive variable rate.
(b) The contract may provide for repayments of the principal or the return to the holder (but not both) to be linked to a single relevant observable index of general price inflation of the currency in which the debt instrument is denominated, provided such links are not leveraged.
(c) The contract may provide for a determinable variation of the return to the holder during the life of the instrument, provided that (i) the new rate satisfies condition (a) and the variation is not contingent on future events other than (1) a change of a contractual variable rate; (2) to protect the holder against credit deterioration of the issuer; (3) changes in levies applied by a central bank or arising from changes in relevant taxation or law; or (ii) the new rate is a market rate of interest and satisfies condition (a).
(d) There is no contractual provision that could, by its terms, result in the holder losing the principal amount or any interest attributable to the current period or prior periods.
(e) Contractual provisions that permit the issuer to prepay a debt instrument or permit the holder to put it back to the issuer before maturity are not contingent on future events, other than to protect the holder against the credit deterioration of the issuer or a change in control of the issuer, or to protect the holder or issuer against changes in levies applied by a central bank or arising from changes in relevant taxation or law.
(f) Contractual provisions may permit the extension of the term of the debt instrument, provided that the return to the holder and any other contractual provisions applicable during the extended term satisfy the conditions of paragraphs (a) to (c).
Debt instruments that are classified as payable or receivable within one year on initial recognition and which meet the above conditions are measured at the undiscounted amount of the cash or other consideration expected to be paid or received, net of impairment.
With the exception of some hedging instruments, other debt instruments not meeting these conditions are measured at fair value through profit or loss.
Commitments to make and receive loans which meet the conditions mentioned above are measured at cost (which may be nil) less impairment.
## _**Investments**_
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through profit or loss. Where fair value cannot be measured reliably, investments are measured at cost less impairment.
Investments in subsidiaries and associates are measured at cost less impairment. For investments in subsidiaries acquired for consideration including the issue of shares qualifying for merger relief, cost is measured by reference to the nominal value of the shares issued plus fair value of other consideration. Any premium is ignored.
Page 13
## **iAssistNI Limited**
## **Notes to the Financial Statements for the Period from 30 August 2024 to 31 March 2025**
## _**Derivative financial instruments**_
The charity uses derivative financial instruments to reduce exposure to foreign exchange risk and interest rate movements. The charity does not hold or issue derivative financial instruments for speculative purposes.
Derivatives are initially recognised at fair value at the date a derivative contract is entered into and are subsequently remeasured to their fair value at each reporting date. The resulting gain or loss is recognised in statement of financial activities immediately unless the derivative is designated and effective as a hedging instrument, in which event the timing of the recognition in statement of financial activities depends on the nature of the hedge relationship.
## _**Fair value measurement**_
The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are unavailable, the price of a recent transaction for an identical asset provides evidence of fair value as long as there has not been a significant change in economic circumstances or a significant lapse of time since the transaction took place. If the market is not active and recent transactions of an identical asset on their own are not a good estimate of fair value, the fair value is estimated by using a valuation technique.
## **3 Income from donations and legacies**
|Donations and legacies;
Donations from individuals
Grants, including capital grants;
Grants from other charities
**Total for period ended 31 March 2025**|**Unrestricted**
**funds**
**General**
**£**
11,120
28,400
39,520|**Total**
**funds**
**£**
11,120
28,400|
|---|---|---|
|||39,520|
## **4 Other income**
**Total funds £**
## **5 Expenditure on raising funds**
## **a) Costs of trading activities**
Page 14
## **iAssistNI Limited**
## **Notes to the Financial Statements for the Period from 30 August 2024 to 31 March 2025**
|**Note**
Costs of goods sold
Allocated support costs
**Total for period ended 31 March 2025**|**Unrestricted**
**funds**
**General**
**£**
29,588
13,027
42,615|**Total**
**funds**
**£**
29,588
13,027|
|---|---|---|
|||42,615|
Page 15
## **iAssistNI Limited**
## **Notes to the Financial Statements for the Period from 30 August 2024 to 31 March 2025**
## **Total costs £**
## **6 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
## **7 Tangible fixed assets**
|**Cost**
At 30 August 2024
At 31 March 2025
**Depreciation**
At 30 August 2024
Charge for the year
At 31 March 2025
**Net book value**
At 31 March 2025
At
**8**
**Debtors**
Trade debtors
Other debtors
**9**
**Cash and cash equivalents**
Cash on hand
Cash at bank|**Furniture and**
**equipment**
**£**
13,976
13,976
4,755
1,398
6,153
7,823
9,221|**Furniture and**
**equipment**
**£**
13,976
13,976
4,755
1,398
6,153
7,823
9,221|**Total**
**£**
13,976
13,976
4,755
1,398
6,153
7,823
9,221
**2025**
**£**
1,630
2,004|
|---|---|---|---|
||13,976|||
||4,755
1,398|||
||6,153|||
||7,823|||
||9,221|||
|||||
||||3,634|
||||**2025**
**£**
695
13,906|
||||14,601|
Page 16
## **iAssistNI Limited**
## **Notes to the Financial Statements for the Period from 30 August 2024 to 31 March 2025**
## **10 Creditors: amounts falling due within one year**
|Accruals
**11 Funds**
**Unrestricted funds**
General|**Balance at 30**
**August 2024**
**£**
26,308|**Incoming**
**resources**
**£**
41,825|**Resources**
**expended**
**£**
(42,615)|**2025**
**£**
540|
|---|---|---|---|---|
|||||**Balance at 31**
**March 2025**
**£**
25,518|
## **12 Analysis of net assets between funds**
|**12 Analysis of net assets between funds**|||
|---|---|---|
|Tangible fixed assets
Current assets
Current liabilities
Total net assets|**Unrestricted**
**funds**
**General**
**£**
7,823
18,235
(540)
25,518|**Total funds at**
**31 March**
**2025**
**£**
7,823
18,235
(540)|
|||25,518|
Page 17
## **iAssistNI Limited**
## **Statement of Financial Activities by fund for the Period from 30 August 2024 to 31 March 2025**
## **Unrestricted Funds**
|**Unrestricted Funds**||
|---|---|
|**Income and Endowments from:**
Donations and legacies
Other income
Total income
**Expenditure on:**
Raising funds
Total expenditure
Net expenditure
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|**Total**
**Unrestricted**
**Funds**
**2025**
**£**
39,520
2,305|
||41,825|
||(42,615)|
||(42,615)|
||(790)|
||(790)
26,308|
||25,518|
This page does not form part of the statutory financial statements. Page 18
## **iAssistNI Limited**
## **Detailed Statement of Financial Activities for the Period from 30 August 2024 to 31 March 2025**
|**Income and Endowments from:**
Donations and legacies (analysed below)
Other income (analysed below)
Total income
**Expenditure on:**
Raising funds (analysed below)
Total expenditure
Net expenditure
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|**Total**
**2025**
**£**
39,520
2,305|
|---|---|
||41,825|
||(42,615)|
||(42,615)|
||(790)|
||(790)
26,308|
||25,518|
This page does not form part of the statutory financial statements. Page 19
## **iAssistNI Limited**
## **Detailed Statement of Financial Activities for the Period from 30 August 2024 to 31 March 2025**
|**_Donations and legacies_**
Appeals and donations
Grants - other agencies
**_Other income_**
Other income
**_Raising funds_**
Direct costs
Light, heat and power
Insurance
Telephone and fax
Computer software and maintenance costs
Printing, postage and stationery
Trade subscriptions
Sundry expenses
Travel and subsistence
Advertising
Accountancy fees
Legal and professional fees
Bank charges
Depreciation of office equipment|**Total**
**2025**
**£**
11,120
28,400|
|---|---|
||39,520|
||2,305|
||2,305|
||(29,588)
(763)
(516)
(419)
(58)
(3)
(836)
(4,290)
(1,821)
(1,876)
(560)
(480)
(7)
(1,398)|
||(42,615)|
This page does not form part of the statutory financial statements. Page 20