Company Ro9l¥tratlon No. N1662065 (Northarn lrnland)
MARY ANN MCCRACKEN FOUNDATION
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED JO SEPTEM8ER 2023

MARY ANN MCCRACKEN FOUNDATION
CONTENTS
P•ge
Charty information
Trustees, report
Independent examlnerfs report
Statemenl of financial activities
Balance sheet
Nol8S to the finanrial Slalemenls
9-14

MARY ANN MCCRACKEN FOUNDATION
LEGALAND ADMINISTRATIVE INFORMATION
Trust808
Mrs Norma Sinte (Chairperson)
Mr David Watters
Mr Colin Graham
Ms Diane Graham
Mr Les Allamby
Mrs Angila Chada
Dr Margaret Ward
Secrotary
Ms Paula Reynolds
Company number
N1662065
Registered offlce
Clrfton House
2 North Queen Street
Belfast
BT15 IES
Independent examlner
Moore (N.I.) LLP
4th Floor Donegall House
7 Donegall Square North
Belfasl
BT1 5GB

MARY ANN MCCRACKEN FOUNDATION
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
The trustees, who are also trust8es for purpose of company law, present their report and financial slatements lor the
year ended 30 Seplember 2023.
The financial statements have been prepared in accordance with the ac￿UntIng policies set out in Note 1 to the
financial statemenls and comply with the Foundation's Memorandum and Articles of Associalion, the Companies Act
20CI8 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial R8POrting Slandard applicable in the UK and Republic of
Ireland (FRS 1021 leffeclive 1 January 2019)"
ObJe¢llvo• and activltles
The Mary Ann Mccracken Foundation was incorporated on 6 June 2019 by Belfast Charitable Society (8CS), which
is the sole mernber of the Foundalion. BCS was set up in 1752 10 address povaty and look after the poor of the
lown. 11 did so by building the original poor house and first hospital in Belfast. This btsilding. Clifton House, was
opened in 1774 and remains today as the cty's oldest working building with the organisalion being the oldest charity
in Northern Ireland. The Society continues to address poverty and disadvanlage and, until March 2018, proifjded
care for older people in a residential setting in Clifton House.
The objects of the Mary Ann Mccracken Foundalion as set out in Its Memorandum and Article5 are..
To advance education of the public aboLJI the lrfe and works of Mary Ann Mccracken. a leading social
reformer and philanthropist, by any charilable means as the directors shall conslder appropriate.
b. In the spirit of the legacy and work of Mary Ann Mccracken, to advance education, to prevent or relieve
poverty, to advance human righ15 and promote equ81ity in any part of the world by any charitable mean5 as
the directors shall consider appropriate and lo further any other purpose whlch is exclusrvely charitable
according to the law ol Northern Ireland.
The trustees have paid due regard lo guidance issued by the Charity Commission For Northem Ireland in deciding
what activities the Foundation should undartak•.
Achi•vem•nts and perforniance
The folk)wing achievement5 and performance raflecl tha main expenditure in the year.
Blrthd•y Evant: To celebrate Mary Ann's birthday, the Foundation hosted the evenl 'The 'Two Marys In
Conversation.. focussing on the lives of Mary Ann Mccracken and Mary Wollstonecraft. This event featured the
Development Coordinalor in conversation with Bee Rowlatt, former B8C joumalist and Trustee of the Wollstonecraft
Society. The aim of the free event was to introduce new audiences to Mary Ann whilst also demonslraling her
relationship lo wider 181b century thought and politics. The event was attended by 79 individuals, many of whom had
never attended a Foundation event previou81y. The event has also direclly led lo a new walking lour which is
scheduled to begin in March 2024.
L•unch of P•pert>ack Blography: The Foundation launched the paperback edition of Mary McNeill's biography of
Mary Ann Mccracken on 8 March 2023 to coincide with Intemational Women's Day.
Tour¥: From October 2022 - S8ptember 2023, 20 walking tours were held. The Foundalion also hosted private
tours for staff of Killyleagh Integrated Primary School, and studen15 from Howard University in Washington, DC. The
Foundation received fvnding from Belfast City Council, which allowed il to offer a free walking lour as part of the
2023 Festival of Learning. The Foundation created a sold-oul tour based on the lives of Mary Ann and her
biographer Mary McNeill as part of the 2023 Look North! Feslwal. Elementy of this tour will be incorporated into an
exhibition of Mary McNeill at Clifton House.

MARY ANN MCCRACKEN FOUNDATION
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
Talks, Events & Media Engagement: From October 2022-September 2023, Foundation staff delivered private
talks on the life and legacy of Mary Ann Mccracken from Antrim and Knock Probus. along with the Irish Federation
of University Women. Foundation staff were inlerviewed on the Lynette Fay Show on BBC Radio Ulster about the '
Two Marys. In Conversation Evenl, on 14 June, and its work with Anaka Women's Collective on National Poetry
Day, 5 October. The 'Two Marys, event was covered as part of a larger piece On Belfast Charitable Society in
ScopeNI. Foundation staff were also featured in an episode of the B8C Nl show 'A Stitch Through Time,
Worklng Wlth Others to Share Mary Ann's Story: From October 2022-September 2023, the Foundation
partiGipated in Ihe Look Northl Festival, Beltsst Festival of Leaming, Cathedral Quarter Arts Festival, and Féile an
Phobail to share Mary Ann's story with a wider audience.
ac
and work of
Ann
Mary Ann Mccracken Post Primary Bursaries: These bursaries, named in honour of Mary Ann by the Belfast
Charilable Society. are disbursed by the12tter. They are funded through a partnership of grants from the Society. the
James Kane Foundation. Hunter Smyth Fund and this Founoation. In the year 64 student5. from 12 schools across
North Belfa51, were awarded bursaries to support their progression from School to higher education or employment.
Costs covered included those associated with education e.g.. course equipment, travel and living expenses, and
apprenticeships within the construction and electrical industries.
Pllot Project with Anak• Women'8 Collactlve". In 2023. the Foundation received funding from BeMast Charitable
Society to pilot a poetry project wilh Anaka Women's Collective. a local grassroots organisation led by, and for,
women with experience of the asylum system. Through a series of four workshops, participants were introduced to
Mary Ann Mccracken, and were invited to consider how her story might relate to their own lives. Participants then
worked with local poets and artists to create individual and group poems and artwork to express Mary Ann's legacy,
and whal issues she would champion were she alive today.
Flnanclal revlew
The Foundation receives an annual grant of £5,000 from Belfast Charitable Society. During the financial year 2022-
23, it received a further £10,000 from Belfast Charitable Society to pilot a project with Anaka Women's Collective. It
secured additional income through tickels and book sales, as well as donations.
Plans for future perlods
The Foundation has committed lo a strategic planning process and produced an operational plan for the financial
year 2023-24 that will further ¢onlribute to the Foundation's objects as sel out in ils Memorandurn and Articles.
Addrtionally, the Foundation has committed lo supporting the production of the play, 'Mary Ann. The Forgotten
Sister, by Kabosh Theatre. The Foundation has also planned events lo coincide with Belfast City Council's unveiling
of its statue of Mary Ann Mccracken in earfy 2024.

MARY ANN MCCRACKEN FOUNDATION
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
structure, govem•nce and m•nagement
The Foundation was accepted by the Charity Commi38ion for Northem Ireland on 17 August 2022 (R8gistration No..
10885n
Th8 Foundation is a company limited by guarantee nol having share capital it 1$ registered in Northem Ireland
(Registration No.. N1662065).
rnin
The Memorandum and Articles, as above, govern the Foundation. The Foundation'8 directors (who act as Irusteeg)
and officers, elected by the Foundation al the AGM, guide the actNit18s of the organisation through quarterty
meetings that are circulated to 8CS Board for noting.
in
IDir
New direclors receive the Govemance policies and procedures, strategic and operational plan and memorandum
and articles during their induction. No director received any remuneration in the year and conflicts of interest were
declared as appropriate.
Risks aro ¢onsidorgd a8 part ol the wider 8CS risk management process and noled on it8 risk règi#ter.
It is the Board's objective to accumulate Suffioenl reserves to enable the Foundation to have continued securSty
over Ils operating actlvitles. Reserrfes in excess of Ihis will be used for specrfic project5 in the future as and when
the Board deem appropriate.
nv
NIA al thls lime.
The trustees, who are 8180 the dIre￿or5 for the purpose of company law, and who ser4ed during the year and up to
the dale of signature of the financial statements were..
Mrs Norma Slnle {Chairperson)
Mr David Watters
Mr Colin Graham
Ms Diane Graham
Mr Les Allamby
Mrs Angila Chada
Dr Margaret Ward

MARY ANN MCCRACKEN FOUNDATION
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
Public Benèfit
The Mary Ann Mccracken Foundation created high levels of public benefit through its key activities (see
'Achievements and performance. section for more delaill. In this year, this can be evidenced through.. its continued
prornolion of equal access to further and higher education via ils posl primary and PhD bursaries,. talks, tours, and
other public engagement- and by supporting other organisalions to directty serve those affected by poverty andlor
discrimination.
Grant Maklng Pollcy
The Mary Ann Mccracken Foundation continues to support the work of others who are involved in projects identified
as being in the spirit of M8ry Ann's legacy. It does not run an open grants programme bul instead looks at ways that
its financial sUPPOrt can invest and transfo￿ while making the mosl positive impact e.g. bursaries awarded to PhD
students in Ulster University, researching ways to improve the lives of others using arts and 'big data,.
Indep6ndent Examiners
Further to a competitive lender process Moore {N.I.I LLP were appointed as independent examiners lo the
Foundation and in accordance with the Charities Acl (Northern Ireland) 2008 and Charities Act INorthern Ireland)
2013.
Ststsment of the Foundation's re8ponslbilitios
The Foundation is required to prepare finanual slatemenls for each financial year which give a true and fair view of
the slate of affairs of the Foundation and of the surplus or deficit of the Foundation for that period. In preparing
those financial statements, the Directors are required lo..
select su¢lable accounting policies and then apply them consislenlly., make judgements and estimates that are
reasonable and prudent.. prepare the financial statements on the going concern basis unless it is inappropriate lo
presume that the Foundation will continue in operation.
Thè Foundation is responsible for keeping proper accounting records which disclose with reasonable accuracy at
any time the financial position of the Foundation.11 is also responsible for safeguarding the assets of the Foundation
and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Statement of disdosure to Independent Examiner.. so far as the Foundation is aware, there is no relevant
information of which the Society's indepèndent examiners are unaware. Addrtionally the Foundalion ha5 taken all
necessary steps to make itself aware of any relevant information and to establish that the Society's independent
examiners are aware of that information.
The trustees. report was approved by the Board of Trustees.
Mrs Noma Sinte (Chairperson)
Trustee
Date..

MARY ANN MCCRACKEN FOUNDATION
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF MARY ANN MCCRACKEN FOUNDATION
I report to the trustees on my examination of the financial statements of Mary Ann Mccracken Foundation (the
Foundation) for the year ended 30 September 2023.
Respective rnsponsibilities of trustees and examiner
The trustees of the Faundalion. who are also ils diredors for the purposes of cornpany law, are responsible fof
the preparation of the financial statements in accordance with the requirements of the Companies Acl 2006.
Having satisfied myself that the Foundation is not subject to audit under company law and is eligible for
independent examination, it is my responsibility lo.
examine the accounts under section 65 of the Charities Act
follow the procedures laid down in Ihe general directions given by the Charity Commission for
Northem Ireland under section 6519llbl of the Chanlies Act
to state whether particular matters have come to my attention.
Basis ol Ind•pendont oxaminerfs rgport
I have examined the Foundations, accounts as required under section 65 of the Charities Act and our
examination was carried out in accordance with the general directions given by the Charities Commission for
Northem Ireland under section 65191(bl ol the Charities Act. The examination included a review of the
accounting re￿rdS kept by the Foundation and a comparison of the accounts presented with those records. It
also included consideration of any unusual items or disclosures in the accounts. and seeking explanations from
you as the Foundations trustees con￿rnIng any suth matters.
My role is to state whether any material matters have come to my attention giving me cause to believe..
1. That arxounting recnrds were nol kept in accordance with sedion 386 of the Companies Act 2006
2. That the accounts do not accord with those accounting records
3. That the accounts do not compty with the accounting requirements ol section 396 of the Companies A¢t
2006 and with the methods and principles of the Charities Statement of Recommended Practice applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard applicable in thr UK and
Republic of Ireland
4. That there is further information needed lor a proper understanding of the accounts to be reached.
Independent examlnerfs Ststement
In connection with my examination, no matter has come lo my attention..
(al
which gives me reasonable cause lo believe that un any material respect thè requirements..
to keep accounting re￿rdS in accordance with section 386 of the Companies Act 2006., and
to prepare financial statements which accord with the accounting records, comply with the
accounting requirements of section 396 of the Companies Act 2006 and with the methods and
principles of the Statement of Recommended Practice.. Accounting and Reporting by Charities..
have not been mel or
to which, in my opinion, attention should be drawn in order to enable a proper understanding of
the financial statements to be reached
(b)
É9fkn<
Dr R I Peters Gallagher OBE FCA
Moore (N.I.) LLP
4th Floor Donegall House
7 Donegall Square North
Belfast
BT15GB
Dated. ILM.Gir.4 z07

MARY ANN MCCRACKEN FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2023
Unrestrlcted Unrestricted
fund8
funds
2023
2022
Notes
ncome from:
Donations and legacies
Charitsble aGtivities
15,199
5.035
12,634
4.966
Total income
20,234
17,600
Ex endlture on:
Charilable activities
16,531
15,992
Net income for the yearl
Net movement In fund8
3,703
1,608
Fund balances at 1 October 2022
6,338
4,730
Fund balances at 30 Sgptsmbgr 2023
10,041
6.338
The statement of financial activtties includes all gains and losses ￿COgnised in the year.
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure
denve from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account
under the Companies Act 2006.

MARY ANN MCCRACKEN FOUNDATION
BALANCE SHEET
AS AT 30 SEPTEMBER 2023
2023
2022
Notes
Current asset•
Stocks
Debtors
Cash at bank and in hand
10
11
347
3,867
5,827
3,867
3,071
10,041
6,938
Credltor8: amounts falllng due wlthln
one year
12
{6001
Net current assets
10,041
6,338
Income funds
Un￿triCt0d funds - general
10,041
6,338
10,041
6.338
The company 15 entilled to the exemption from the audit requirement contained in Section 477 of the Companies Act
2006, for the year ended 30 September 2023.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006
with re5peGt lo accourFlirig records ancl the preparation of financlal slalements.
The members have not required the company lo obtain an audit of rts financial statements for the year in question
in accordan￿ with section 476.
These financial statements have been prepared in accordance with the provisions applicable lo companies subject
lo the small companies regime.
The financial statements were approved by the Trustees on .
22 Mpkc4 104
Mrs Norma Sinte (Chairperson)
Director
Company Registratlon No. NI66206S

MARY ANN MCCRACKEN FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
A¢¢ountlng pollel
Charlty informallon
Mary Ann Mccracken Foundalion 1$ a private company limited by guarantee incorporaled in Northern Ireland.
The registered office is Cllfton House, 2 North Queen Street, Belfast, 8T15.
1.1 ACCOUn￿Tr9 conv•ntlon
Th8 financ¢al statements have been prepared in accordance with the Foundalion's Memorandum and Articles
of Association, the Companies Act 2006. FRS 102 'The Financial R8POrting Standard applicable in the UK
and Republ￿ of Ireland" I'FRS 102.1 and the Charities SORP "Accounting and Reporting by Charilies,.
Statement of Rocommended Practice applicable lo charilies preparing their accounts in accordance with the
Flnancial Reporting Standard applicable in the UK and Republi¢ of IreLAnd IFRS 102)" (effective 1 January
2019). The Foundation 18 8 Public Benefil Entty as defined by FRS 102.
The Foundation has taken advantage of the provisions in th8 SORP for chartlies not lo prepare a Statement of
C88h Fbow8.
The financial itslements are prepar8d In slertlng, which Is the functional currency of the Foundation, Monetary
amounts in these financial statements are rounded lo the nearest £.
1.2 Golng con¢•rn
At the lime of approvlng the financial statements, the trustee5 have a reasonable expectation that the
Foundation has adequate resources to continue in operational existence for the foreseeable futur8. Thus the
trustees continue to adopt thé going concern basis of accounting in preparing the financial slalements.
1.3 Charltabl• lund•
Unreslrictéd funds are available for use at the dl8¢retlon of the Iruslees in furtheranc8 of their charitable
objeclives.
Restricted funds are subjèd to spaciflc conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes lo the financial statements.
Endowment funds are subject to specific conditions by donors that the Capital must be maintained by the
Foundation.
1A Incom•
Income is re¢ogni8gd when the Foundation is legally entitled lo it after any perforTnanGe condition5 have been
met, the amount8 can be measured reliably, and rt is probable that income will be received.
Ca8h don8tion8 are recognised on receipt. Other donations are recognised once the Foundation ha5 been
notified of the donation, unless perfomiance conditions require deferral of the amounl. Income tax recoverable
in relation to donations received under Gift Aid or deeds of Covenant is recognised al the lime of the donation.
Legacies are recognised on receipt or otherwise If the Foundation has been notified of an impending
distribution, the amount is known, and receipt is expecled. If Ihe amount is not known, the legacy is treated as
a contingent asset.

MARY ANN MCCRACKEN FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
Accountlng pollcle•
(Contlnued)
1.5 Expendlture
Expenditure is recognised On￿ there is a legal or wnstructive obligation to transfer economic benefrt to a
third party. it is probable that a transfer of economic benefits will be required in settlement, and the amount of
the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and
shared costs, including support costs involved in undertaking each aclivty. Direct C0515 attributable lo a single
activlty are allocated directly to Ihal activity. Shared costs which contribute lo more than one activity and
support costs which are not attributable lo a single activity are apportioned betsveen those activities on a basis
consistent with the use of resources. Central staff costs are alloGated on Ihe basis of lime spent, and
dèpreciation charges are allocated on the portion ol the asset'5 use.
1.8 Stock•
Stocks are slated al the lower ol cost and eslimaled selling price less costs to complete and sell. Cost
comprises direct materials and, where applicable, direct labour costs and those overheads that have been
incurred in bringing the 51ock5 lo their present location 8nd condrtion. Items held for distribution at no or
nominal consideration are measured thè lower of replacement cost and cost.
Nel realisable value is the estimated Selling price less all estimated costs of completion and costs to be
incurred in marketing, selling and distributlon.
1.7 Ca•h and ca•h •qulval•nts
Cash and cash equivalents include cash in hand, deposits held al call with banks, other short-lerm liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in ¢urTenl lsabiliti•s.
1.8 Flnanclal Instruments
The Foundation has elected to apply the provlslons of Section 11 'Baslc Financial Instruments, and Sectlon 12
'Other Financial Instruments Issues. ol FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Foundation's balance shèet when the Foundation becomes party
to the contractual provisions of the insliument.
Financial assets and liabilities are offsel, with the net amounts presentèd In the financial slatemenls, when
there is a legally enforceable right lo sel off the recognised amounts and there is an Intention lo settle on a net
basis or to realise the asset and settle the liability simullaneousty.
8asic flnanelal assets
Basic financial assets, which include deblors and cash and bank balaneej, are inrtially mea8ured 8t
transaction price including transaction costs and are subsequently carried at amortSsed wst Using the effective
interest method unless the arrangement constilules a financing Iransa¢lion, where the Ir8n5action is
measured al the present value of the future receipts discounted at a markel rate of interest. Financial assets
lassified as reGeivable within one year aro not amortl8ed.
10-

MARY ANN MCCRACKEN FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
Accounting policlos
Icontinuedl
Basic financlal liabilities
Basic financial liabilrties, including creditors and bank loans are initially recognised at transaction price unless
the arrangement conslitutes a financing transaction, where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities ctassified as payable
wilhin one year are not amortised.
Debt instruments are subsequently carried at amortised cos1. using the effective interest rale melhod.
Trade credilors are obligalions to pay for goods or se[Vi￿$ that have been acquired in the ordinary course of
operalions from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If nol, they are presented as non-current liabilrties. Trade creditors are recognised initially al
transaction price and subsequenlly measured at amort15ed cost using the effe￿1ve interest method.
Derecognitlon of financial Ilabilities
Financial liabilities are derecognised when the Foundation's contractual obligations expire Of are discharged
or canGell#d.
Critical accounting estimates and judgements
In the application of the Foundation's accounting policies, the trustees are required to make judgements,
estimates and assumplions about the carrying amount of assets and liabilities that are not readily apparent
from oth8r sources. The estimates and associaled assurnptions are based on historical experience and other
factors that are considered lo be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
eslimales a￿ reGognised in the period in which the estimate is revised where the revision affects only ihal
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
Donations and legacies
Unrestricted Unrestricted
funds
funds
general
general
2023
2022
Donalion5 and grftS
Grants received
199
15,000
1,634
11,000
15,199
12,634
11

MARY ANN MCCRACKEN FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
Charltsbl• activities
Ch•rltable Charltable
Income
income
2023
2022
Talks, tours I sale of books
5,035
4.966
Charitsbl• •ctlvltl••
Charitable Charitsble
Expondlturn Exp•ndlturg
2023
2022
Purchases
Raising awareness - events
Sundry expenses
Lecluregnalks
Advertising
Grants
8,288
1,299
119
4,537
769
600
3,496
6,000
492
6,333
16,631
15,392
Share of govemance colts (see note 8)
600
16,631
15,992
Support costs
Support Gov•rnanc•
colts
¢o•t•
2023
2022
Accountancy
600
600
Analy5ed be￿een
Chantable activities
600
Governance costs indudes paymenls to Ihe independent examiners of £600 for independent examination
fees.
12-

MARY ANN MCCRACKEN FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
Tru8toe•
None of the trustees (or any petson8 connected with them) received any remuneration or benefts from the
Foundation during the year.
Employ•o•
The average monthty number of employees during the year was..
2023
Number
2022
Number
Total
There were no amployees whose annual remuneratlon was more than £60,000.
R•mun•rntlon of k•y m•nag•m•nt p•r•onn•l
The remunerallon of key manag8m8nt P8rBonnel Is as follows.
TAxatlon
The tharity is exempt from taxation on it8 acliviti8s because 811 its income is applied for charitable purposes.
10 Sto¢k•
2023
2022
8ooks
347
11 D•btorn
2023
2022
Amounts f•lllng du• wlthin ono y•ar:
Other debtors
3,867
3,867
12 Cr•dltorn: amount• lalllng duo wlthin one year
2023
2022
Accruals and deferred income
600
13-

MARY ANN MCCRACKEN FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
13 Unrestrictsd funds
The unr8Stricted funds of the charity compnse the unexpended balances of donation8 and grants which are
not subject lo specific conditions by donors and grantors as lo how they may be used. These include
designated funds which have been sel aside out of unrestricted funds by the trustees for specific purp0889.
At 1 October
2022
Incoming R•oource•
At30
ro•ource8
•xpèndod Soptombèr
2023
General fund5
6,338
20,234
(16,531)
10,041
Prnvious year:
At 1 Oetob•r
2021
Incomlng Re8ource•
At30
rn•ources
•xpend•d September
2022
General fund5
4,730
17,600
(15,992>
6.338
14 Relatsd party trnns•ctlon8
Tran8actlon8 wlth rnlal•d partlej
Durin9 the year the Foundation entered into the following transactions with related partlès..
Belfast Charitable Society is a charty with which the Foundation shares common trustees. The Foundation is
wholly owned by thè Society. At the early stage of the Foundation's operation, ils funds were held and
managed by the Society. The Foundation opened rts own bank account In August 2021.. and now manages it's
own funds. During the financial period ended 30 September 2023 8eNa5t Charitable Society received net
incorne lotalling £012022.. £3,000) on behalf of thè Foundatlon. A balance of £3,000 (2022: £3,000) remains
outstanding al the year end and is included within debtors.
14-