Charity Nurnber: 108225 Little Forget Me Nots Trust Annual Report and Unaudited Financial Statements for the financial year ended 1 Aprll 2024 Daly Park & Company Ltd Chartered Accountants 4 Carnegle Street Lurgan Co. Armagh BT66 6AS Northern Ireland
Little Forget Me Nots Trust CONTENTS Page Trustees. and Other Information Trustees, Report Statement of Trustees, Responsibilities Independent Examiner's Report Statement of Financial Activities Balance Sheet 10 Notes to the Financial Slatements
Little Forget Me Nots Trust TRUSTEES. AND OTHER INFORMATION Tru$tg9$ Mary McAlinden Shauna Lyness Bridget Byrne Lindsay McKenna Christopher Byrne Arlene Robinson Nuala Toman Louise Taylor Charlty Number In Northern Ireland 108225 Principal Address 2 North Street Lurgan Craigavon County Armagh BT67 9AQ Northem Ireland Independent Examiner Daly Park & Company Ltd Chartered Accountants 4 Carnegie Street Lurgan Co. Armagh BT66 6AS Northern Ireland
Little Forget Me Nots Trust TRUSTEES. REPORT for the financial year ended 1 April 2024 The trustees present their TTUStee5' Report and the unaudited financlal statements for the financlal year ended 1 April 2024. The financial statements are prepared in accordance with the Charities Act (Northern Ireland) 2008. FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their financial stslements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021. The Trustees, Report contains the infoTmalion required to be provided in the Trustees. Annual Report under the Statement of Recommended Practice ISORP} guidelines. The Iruslees of the charity are also charity Iruslees for the purpose of charity law and under the charity's constitution are known as members of the board of trustees. In this report the trustees of Little Forget Me Nots Trust present a summary of its purpose, govemance, activities. achievements and finances for the financial year 1 April 2024. The charity is a registered charity and although not obliged to comply with the Statement of Recommended Practice applicable in the UK and Republic of Ireland FRS 102, the organisation has implemented its recommendalions where relevant in these financial stalemenls. Mission, Objectives and Strategy Mission Statement We aim lo provide an open door and opportunities for families either collectively or individually who have needs that have evolved as a result of the death of an infant or pre teen child in Northern Ireland and in the Republic of Ireland. where applicable. These needs may be emotional. mental or practical and the Trust will use resources to eilhei promde direct aCsS to serviceslcounselling and therapies, induding art based therapies or alternatively souce and sign post to suitable and 8pproprÉate resources and service$. The Trust aims to provide a safe confidential space for family members lo share and express their grief and expeTiences ensuring that appropriate emotional and practical support is at hand. The Trust also provide5 advocacy services where families and individuals require it. and lo help develop policy around improving service provision for the bereaved from infanupre teen child loss. The Trust also delivers educational support in schools and organisations to ensure that appropriate support is provided to bereaved families and Individuals in community sethngs. Objertive¥ The Trust aims lo reach families right across Northem Ireland, supporting, guiding and empowering them through peer crafting sesions. fundraising eveftls and social media. Structure, Governance and Managemont Structurfj The organis8tlon Is govemed by its Trustees. All new Trustees go through an induction and trdining process and are appointed as and when required and based on their skills and experience. The TTUStees do not Telire on an annual basis. The Trustees meet on a regular basis throughout the year to manage and control all aspects of the charity and also ¢onduct regular risk assessments of the various operational risks impacting the charity and its projects at home and abroad. Revlew of Activities, Achiov9mgnts and Pgrformance Establishment of Annual Fundr8iser.' The Darcy McKenna 8askelball Toumamenl Introduction of the Darcy McKenna Basketball Tournament.. This new annual fundraiser received tremendous community support, with 18 teams signing up and over 200 participants laklng part. The tournament not only raised significant funds but also strengthened community bonds, honouring Darcy McKenna's memory through sport and Carnaradee. Annual Wave of Light Ceremony The Wave of Light event continued lo be a cornerstone of remembrance. drawing over 100 people to participate in petson. This moving ceTemony provTded 8 reflective space for families lo come together, li9hl candles, and honour the memories of their loved ones, f051ering a shared sense of support and healing. Develo ment of Com rehensive Su ort Programmes
Little Forget Me Nots Trust TRUSTEES, REPORT for the financial year ended 1 April 2024 Just Be Me. Just Be Labs. and Just Be Movlng.. These seasonal programmes are now fvlly operational. offering tailored support to participants. Each programme has seen &10 participants engage per session. focusing on personal gTOWth, creative expTession, and physical well-being. one-t(One Art Therapy.. Our dedicated art therapy sessions have supported 8 families during this period. offering 8 therapeutic outlet for grief and self-expression. Due lo high demand. we now have a waiting list for the next round of sessions, highlighting the programme's impact and necessity. Light up the Night and Walk with the Stars The 2nd annual Llght up the Night and Walk with the Stars event, hosted by a bereaved parent, brought together over 50 participants. This event offered a meaningful way foT families and indimduals to walk together in remembrance, underlining the strength found in collective support and community presence. Just Be Social Initl8tive The newly established Just Be Social segment provides a more flexible approach for community engagement. allowng participants to join on an ad hoc basis wilhoul long-lemi commitments. This initiative has been particularly effective in reaching those who may benefit from sporadic support and connection, offering them a chance to engage al their own pace. These initiatives underscore LFMNT'S commitment lo offering diverse and meaningful support options, fostering cornpassionale community. and ensuring that bereaved families have access to the care and remembrance opportunities they need. Flnanclal Revlew The results for the financial ye8r are set out in the Slatment of Financial Aclivty and Balance Sheet. Income has increased on the previous year to £70,548, while overall exoendilure has also increased from £26,322 10 £66,966. This is as a result of additional staffing costs as well as a significantly increased level of programme costs. The Trustees are satisfied with the overall surplus of £3.582 for the year. Results and Dividends Al the end of the financial year the charity has assets of £43.510 {2023 £39,631) and liabilities of £1,248 12023 £9511. The net assets of the charity have increased by £3,582. Reserrfes Position and Policy As a charity, LFMNT is entirely dependent on ftjndraising income and grant income. Due lo the uncertainl of both of these income streams. it 15 prudent to aim to hold unreslricled free reserves of £30.000 to fund six months operating costs together with a contingency for other unexpected costs. This amount sh811 be built up within the first number of years of the Trust's work an maintained at the agreed level. Compllance wlth Sector-wide Leglslatlon and Standards The charity engages pro•actively with legislation. standards and codes which are developed for the sector. Little FoTget Me Nots Trust subscribes to and is compliant with the following-. The Charities SORP (FRS 1021 Public Benefit Statement In planning and directing the work of the Trust, the trustees have considered and understand both elernenls of the public benefit Fequirement i.e. that there are direct benefits which are identifiable and are available to thè public or a section of the public. Ensuring that the emotional needs of the bereaved are met by the services of the Trust dlreclly Impacts In a positive way on the menl818nd physical health and well being of the beneficiaries. therefore also improving family life and relationships. Beller community and organisalional educalion and knowledge in how to best support family members who have been bereaved by infant and pre-teen child loss is vital in ensuring that maximum care is tsken to not exaGerbale the emotional suffering of the bereaved and help them lo adapt to the changed circuMstanS in thelr every day settlng5. Beneficiarie5 can avail of 5UPPOrtlcounselllng and therapies such as art and craft work in a safe space assisting with grief management and improving their emotional and physical well being. Bereaved families sharing their experien$ in a safe space including tho unique consequences of loosing an infant or pre-teen child helps better equip Society and other grteving families to deal with the needs of those suffering. Improved emotional and physical welfare and health of those directly benefitting from the Trust services, allowing the bereaved to adapt and move forward in their grief. Improved and enhanced community educatlon and understsnding of the unique
Little Forget Me Nots Trust TRUSTEES. REPORT for the financ4al year ended 1 April 2024 needs and suffering of those who have suffered from Infant and pre•tsen ¢hild-lass.Improved seNce provision by stalulory bodies and other agencles for Ihose who have suffered bereavement from the loss of an infant I pre-teen child a5 a result ol advocacy and Input from the Trust No haTh arising. Bereavecl famlty fflembeTS who have suffered the loss of an infanvchild or pre-teen who are direcuy affected by grief. Schools and oanISatIonS In the communlty whore bereaved family mgmbars attand by educating thos8 dealing with the béraaved in how lo specifically add9$ the needs of those who havo lost an Infanupre-chlld lamlly member. A sense of improved well bging for those working with the Trust rnany of whom have suffered the loss ol An Infant or pre-teen chtjd. Approved by the Board ofTrustèes on 7 January 2025 and signed on its behalf ty: Nuala Toman Trustee Marym Tntstee Ilndgn
Little Forget Me Nots Trust STATEMENT OF TRUSTEES. RESPONSIBILITIES for the ffnanrAal year ended l Aprll 2024 The trustees aro responsibie for preparing the flnanclal statements In accordan¢e wllh applicable law and Rgulations. The law applicable lo charflies in Northern Ireland requlres the IfU5tees tc prepare Ilnanclal ststemen15 for each finanoal year whlch glve a tlU8 and fair wew of the assets, Ilabllltlas and flnancFal posltlon of the ch8rMy as at Iha financlal year end date and of the surplus or deficit of the ¢hatity and olherwlse compty wlth the Charflies Act (Northern Ireland) 2008. In piep8ring these financial statements, the tru$lee5 are requlrad lo.. selectsuStable accounting pollcles and appty them consistently., observe Ihe method5 and principles In tha Charibes SORP make judgements and accounting estimates mal are ieasonable and prudent stale whether the financlal statements have been prepared in acranCe with 8pplScable a¢counNng slandards, Idenllfy those stsndards, 8nd note thè elfecl and Ihe reasons for any material departure from those slandards", and prepare the financl81 statements on fhfj g¢ing concem basis unless il is inappropriate lo presume that the charity will conllnue In Operalion. The trustees confirm that they have ¢omplled with the above requirem¢nl$ In prepailng the flnanclal Statements. The Iiustees are responsiblo for keeping adequ81¢ ?OUntIng records that are suffl¢ient to show and explaln the charfty's transaction5 and disclosè wllh rea30nable accuracy at any tlme the financial position of thg charity and enable them to ensura that the financral ststements ccmply with the Charities Act {Northem Ireland) 2008. They are also responsible lor safeguarding the assets of the charity and hÈneé for taking reasonabl8 steps for the ptsvenlion and deteclion of fraud and other Ifre9ularflies. Approved by the Board of Trusteos on 7 January 2025 and signèd on Its b•half ty: la Trustee oman Marym Trust•e Alind#n
Little Forget Me Nots Trust INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF LITTLE FORGET ME NOTS TRUST We have examined the financial slalements of the charity ft)r the financial year ended 1 April 2024, which comprise the Slalement of Financial Activities. the Balance Sheet and the related notes. Respactive responsibilitias of trustees and èxaminar The charity's Iruslees are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act {Northern Ireland} 2008. The charity's trustees consider that an audit is not required for this financial year under the Charities Act (Northem Ireland) 2008 and that an independent examination is required. It is our responsibility lo.. examine the financial stslements under sectlon 65 of the Charities Act.. follow the procedures laid down by the general Directtons given by the ChaTity Commission for Northem Ireland under section 65(9}Ib) of the Charities Act,. and state whether particular matters have come to our attention. Basis of indepgndant gxaminar's report We have examined your chaTity financial statements as required under section 65 of the Charities Act and our examination was carried out in accordance with the general Directions given by the Charity Commission for Northern tland under section 6519llbl of the Charities Act. An examination includes a review of the accounting records kept by the charity and a comparison of the financial slalemenls presented with those records. 11 also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from the trustees concerning any such matters. The prOdureS undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair. view and the report is limited lo those matters sel out in the slalement below. In connection with our examination. no matter has come to our attention which gives us cause to believe that in. any material respect- accounting records were not kept in accordan with section 63 of the Charities Act the financial statements do not accord wlh those accounting records the financial statements have not been prepared in accordance with the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS1021 there is further information needed for a proper understanding of the accounts to be reached. Independent examiner's statement We have no concems and have come acmss no other matters in connection with the examination lo which attention shoul e drawn i report in order to enable a proper understanding of the financi81 statements to be reached. DA Ch PARK & COMPANY LTD ered Accountants megie Street Lurgan Co. Armagh BT66 6AS Northern Ireland Date: 7 January 2025
Little Forget Me Nots Trust STATEMENT OF FINANCIAL ACTIVITIES for the financial year ended 1 April 2024 Unrestricted Restricted Funds Funds 2024 2024 Total Unrestricted Reslricled Funds Funds Funds 2024 2023 2023 Total Funds 2023 Notos Income Donations and legacies Other trading activities 28.568 1,297 40.683 69.251 1,297 29,053 1,280 34,669 63,722 1,280 Total InGome 29.865 40.683 70.548 30,333 34,669 65,002 Expendlture Raising funds Charitable activities 1,194 7,644 1,194 25.128 32,955 34,011 66,966 17,484 Total Expenditure 32,955 34,011 66.966 8,838 17,484 26,322 Ngt incomgllexpenditure) (3.0901 6.672 3.582 21,495 17,185 38,680 Transfers befvjeen funds {60} 60 Net movement in funds for the financlal year 13,090) 6,672 3,582 21.435 17.245 38.680 Reconciliation of funds: Total funds beginning of the year 12 21.435 17,245 38,680 Total funds at the end of the year 18.345 23.917 42,262 21.435 17,245 38.680 The Statement of Financial Activities includes all gains and losses recognised in the finanual year. All income and expenditure relate lo continuing activities. The note5 on p8ge5 11 to 15 form part of the flnanclal ststements
Llttle Forget Me Nots Trust BALANCE SHEET a5 at 1 April 2024 2024 2023 Notes Flx•d A$sets Tanglble assets 1.046 1,307 Current Assets Cash at bank 8nd in hand 42.464 38,324 Credltors: Amounts falllng duB wlthln one year 11.2481 (951) Net CurTent Assets 41216 37.373 Total Ass•ts less Curront Llabilitifjs 42262 38.680 Funds Restricted InJslfund5 G8n8ral fund (unrg9tricled} 23.917 18,345 17.245 21,435 Total funds 12 42.262 38.680 The ffnancial statements have been prepared In accordance wlth the prc¢Vtslons appJi¢able to companles subjoct Io the small companles, reglma and in attordance wth FRS 102"The Flnandal Reportfng Standard appllcable In Ihe UK and Republlc of Ireland. applylng Sectlon 1A of that Standard. Approved by tha Board of TNsl•gs and authorlsod for FSSUè on 7 January 2025 and slgnod on Its l*half by Toman Trustsg Marym Trnsteo Alind•n The notes on pages 11 to 15fomi part of thE fttMnc4al statemarts 10
Little Forget Me Nots Trust NOTES TO THE FINANCIAL STATEMENTS for the financial year ended l April 2024 GENERAL INFORMATION Little Forget Me Nots Trust is a charity Incoorated in Northem Ireland. The registered office of the charity is 2 North Street. Lurgan. Craigavon, County Armagh, BT67 9AQ, Northern Ireland which is also the principal place of business of the charity. The financial slalements have been presented in Pound {£) which Is also the functional Currency of the charity. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the charity's financial slalemenls. Basis of preparation The financial statements have been prepared on the going concem basis under the historical cost convenllon. modified to include certain items at fair value. The financial slalements have been prepared in accordance with the Statement of Recommended Practice ISORPI "Accounting and Reporting by ChaTrlies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102" applying Section 1A of that standard. As pemiitted by the Companies Act 2006. the charity has varied the standard formats in that act for the Statement of Financial Activities and the Balance Sheet. Departures from the standard formals are to comply with the requirements of the ChaTlties SORP and are in compliance with section 4.7. 10.6 and 15.2 of that SORP. Staternent of compliance The financial statements of the ch8rlty for the financial year ended 31 December 2017 have been Prepared on the going concem basis and in accordance with the Statement of Recommended Practice {SORPI 'Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102" applying Section 1A of that Standard. Fund accountlng The followtng are the categories of funds maintained: Restricted funds Reslricled funds represent income received which can only be used for particular purposes. as specified by the donors. Such purposes are within the overall objectives of thg Charity. Unrestrlcted funds Unrestricted funds consist of General and Designated funds. General funds represent amounts which are expendable at the discretion of the board. in frjrtherance of the objectives of the charTty. Designated funds comprise unreslricled ftjnds that the board has, at its discretion, set aside for particular purposes. These designations have an administrative purpose only. and do not legally restrrcl the board's discretion lo apply the fund. Income Income is recognised by inclusion in the Slalement of Financial Activitiès only when the charity is legally entitled to the income. performance conditions allached lo the item{5} of income have been met, the amounts involved can be measured with sufficient reliability and il is probable that the income will be received by the charity. Income from Charilable a¢tlvltles Income from charitable activities indude income earned from the supply of services under contractual arrangemenls and from performance related grants which have conditions that specify the provision of particular services lo be provided by the charity. Income from government and other co-funders is recognised when the charity is legally entitled to the income because il Is fulfilling the condltlons contained In the related ftjnding agreements. Where a grant is received in advance, its recognition is deferred and included in creditors. Where entitlement occurs before income is received. it is accrued in debtors. Grants from governments and other UfvnderS typically include one of the following types of conditions.. Performance based conditions.. whereby the charity is contractually entitled lo funding only to the 8xlent that the core objectives of the grant agreement are achieved. Where the charity Is meellng the core oblectives of a grant agreement. it Tecognises the related expenditure. lo the extent that it is reimbursable by the donor. as 11
continued Little Forget Me Nots Trust NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 1 Apiil 2024 income. -Time based conditions: whereby the charity is contractually entllled to fundlng on the condltlon that it is ulilised in a particular period. In these Cases the charity recognises the income lo the extent il is utilised within the period specified in the agreement. In the absence of such conditions, assuming that receipt is probable and the amount can be reliably measured. grant Income Is recognised once the charity is notified of entiUemenL Grants received towards capitsl expenditure are credited lo the Statement of Financial Activities when received or receivable. whichever is earlier. Expenditure Expenditure is analysed behNeen costs of charitable activities and raising funds. The costs of each activity are separately accumulated and disclosed. and analysed according lo their major components. Expenditure is recognised when a legal or constructive obligation exists as a result of a past event. a transfer of economic benefits is required in settlement and the amount of the obligation can be reliably measured. Support costs are those functions that assist the work of the charity bul cannot be attributed lo one activity- Such costs are allocated to activities in proportion lo staff lime spent or other suitsble measure for each activity. Trustee Remuneration None of the trustees have been paid nor waived any remuneration for acting as Trustees during the current or previous financial year. During the current financial year. payments were made lo a Trustee for profession81 services16.6711 and additional payments for office rent {£3,7501 were made lo a company in which another trustee is a director. All of the expenditure was at arms length and helped to strengthen the charity's operations in resposnce to demand for services and staff support. Tanglble flxed assets and depreclation Tangible fixed assets are ststed al cost or al valuation, less accumulated depreciation. The charge lo depreciation is calculated to write off the original cost or valuation of tangible fixed assets. less their estimated residual value, over their expected useful lives as follows.. Fixtures, ffttings and equipment 150A Straight line Cash at bank and in hand Cash at bank and in hand comprises 5h on deposit al bank5 requiring less than three months notice of withdrawal. Taxation and deferred taxation No cuwrent or deferred taxation arises as the charity h85 been granted charitable exemption. Irreeoverable valued added tsx is expensed as incurred. Deferred tax is recognised in respect of all tlmlng differences that have originated but not reversed at the balance sheet dale where transactions or events have occurred al that dale that will result in an obligation to pay more lax in the future. or a right to pay less lax in the future. Timing differences are temporary differen¢es between the charity's taxable profits and its results as ststed in the financial statements. Deferred tax is measured on an undiscounled basis at the tax rates that are anlicipaled to apply In the periods in which the liming differences are expected to reverse, based on lax rates and laws that have been enacted or substantively enacted by the balance sheet date. INCOME DONATIONS AND LEGACIES Unrestricted Restricted Funds Funds 2024 2023 Donations and legacies 28,568 40,683 69,251 63,722 12
continued Little Forget Me Nots Trust NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 1 April 2024 OTHER TRADING ACTIVITIES Unrestricted Restrlcted Funds Funds 2024 2023 Other trading activities 1,297 1,297 1,280 EXPENDITURE RAISING FUNDS Direct Costs other Costs Support Costs 2024 2023 Raising funds 1,194 CHARITABLE ACTIVITIES Direct Costs Other Costs Support Costs 2024 2023 Expenditure on charitable activiles 65.436 1,530 66.966 25.128 SUPPORT COSTS Charitable Activities 2024 2023 Support 1,530 1.530 20,646 ANALYSIS OF SUPPORT COSTS 2024 2023 Support 1.530 20.646 NET INCOME 2024 2023 Net Income is stated after charglngllcreditingl: Depreciation of tangible assets 261 327 EMPLOYEES AND REMUNERATION Thg stsff costs comprise.. 2024 2023 Wages and salaries Pension msts 21,055 1.312 11,451 353 22.367 11.804 13
continued Little Forget Me Nots Trust NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 1 April 2024 TANGIBLE FIXED ASSETS Flxtures, fittings and equlpment Total Cost At 1 April 2024 1,634 1.634 Depreclation Al 2 April 2023 Charge for the financial year 327 261 327 261 At 1 April 2024 588 588 Net book value Al 1 April 2024 1,046 1,046 At 1 April 2023 1,307 1,307 CREDITORS Amounts falling due wlthln one year 2024 2023 Taxation and social security costs (Note 10) Accruals and deferred income 448 800 151 800 1,248 951 10. TAXATION AND SOCIAL SECURITY 2024 2023 Creditors: PAYE I NI 151 11. RESERVES 2024 2023 At the beginning of the year Surplus for the financial year 38.680 3,582 38,680 Al the end of the year 42.262 38,680 12. FUNDS 12.1 RECONCILIATION OF MOVEMENT IN FUNDS Unro$tri¢ted Restrictod Funds Funds Total Funds At 2 April 2022 Movement during the financial year 21,435 17,245 38.680 At 1 April 2023 Movement during the financial year 21,435 13,090) 17.245 6,672 38,680 3.582 At 1 April 2024 18,345 23,917 42.262 14
continued Little Forget Me Nots Trust NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 1 April 2024 12.2 ANALYSIS OF MOVEMENTS ON FUNDS Balance 2 April 2023 Income Expendlture Transfers betweén funds Balance 1 April 2024 Restrlcted funds UU Future Screens Nl National Lottery Community Fund Armagh Banbridge Craigavon Borough Council CDHN Community Development GWUK Groundworks LFf Charitable Trust 8,290 8,955 21.273 18,154 8,955 3,310 11.409 3,310 9,600 1,500 5,000 9,600 1,500 2.092 2.908 17.245 40,683 34,011 23,917 Unrestricted funds Unreslricled General 21.435 29,865 32,955 18,345 Total funds 38.680 70.548 66.966 42.262 13. POST-BALANCE SHEET EVENTS There have been no significant events affecting the Charity since the financial year-end. 14. INDEPENDENT EXAMINERS FEES Daly Park & Company Ltd were paid 8 total of £1.220 in the current financial year which included costs for a payroll service lolalling £420 in addition to their Independent Examination fee of £800. In the previous financial period. a total of £800 was paid for the Independent Examination fee only. 15