2024-09-30-accounts

THE EILISH DEGNAN CHILDRENS FOUNDATION

UNAUDITED FINANCIAL STATEMENTS

30[th] SEPTEMBER 2024

CHARITY NUMBER 109113

MCG Accountants Ltd Accountants 3a, 8 Kilroot Business Centre Carrickfergus BT38 7PR T: 02890434562 E: [e-mail]

THE EILISH DEGNAN CHILDRENS FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30th SEPTEMBER 2024

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2024 2023
INCOMING RESOURCES
Incoming resources from generating funds:
Voluntary Income 31,097 28,474
Total incoming Resources: 31,097 28,474
OUTGOING RESOURCES
Charitable Activities 26,071 22,169
Total Outgoing Resources 26,071 22,169
NET INCOMING (OUTGOING) RESOURCES FOR THE YEAR 5,026 6,305
RECONCILIATION OF FUNDS:
Total funds brought forward 6,305 0
TOTAL FUNDS CARRIED FORWARD 11,331 6,305
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THE EILISH DEGNAN CHILDRENS FOUNDATION STATEMENT OF FINANCIAL POSITION AS AT 30th SEPTEMBER 2024

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2024 2023
CURRENT ASSETS:
Bank Current Account 12,051 6,665
12,051 6,665
CURRENT LIABILITIES:
Creditors and Accruals 720 360
720 360
NET CURRENT ASSETS: 11,331 6,305
NET TOTAL ASSETS 11,331 6,305
FINANCED BY:
Unrestricted Income Funds 11,331 6,305
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THE EILISH DEGNAN CHILDRENS FOUNDATION STATEMENT OF FINANCIAL POSITION- CONTINUED YEAR ENDED 30" SEPTEMBER 2024 The charitable company is entitled to exemption from audit under section 477 of the Companies Act th 2006 for the year ended 30 September 2024. The members have not required the company to obtain an audit of its financial statements for the th year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for: lal Ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and Ibl Preparing financial statements which give a true and fair view of the state of affairs of the charitable company as it the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirement5 of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to charitable small companies. The financial statements were approved by the Board of Trustees and were signed on its behalf by- Gerald Degnan Date

THE EILISH DEGNAN CHILDRENS FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30[th] SEPTEMBER 2023

1. ACCOUNTING POLICIES

Basis of Accounting

The financial statements have been prepared on a going concern basis under the historical cost convention and in accordance with the Financial Reporting Standard applicable in the UK (FRS102), the Financial Reporting Standard applicable in the UK (FRS102), the Charities Act (Northern Ireland) 2013, the Companies Act 2006, and UK generally accepted Practice as it applies from 1 January 2015.

2. VOLUNTARY INCOME

2. VOLUNTARY INCOME
	Total Funds
	2024	2023
Donations
Total Incoming Funds	31,097	28,474

3. COSTS OF CHARITABLE ACTIVITIES BY FUND TYPE

	Unrestricted	Total
	Funds	2024	2023
Charitable Activity	26,071	26,071	22,169
4. COSTS OF CHARITABLE ACTIVITIES BY ACTIVITY TYPE
	Direct	Total
	Activities	2024	2023
Charitable Activity	26,071	26,071	22,169

THE EILISH DEGNAN CHILDRENS FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30[th] SEPTEMBER 2024

5. STAFF COSTS AND EMOLUMENTS

No salaries or wage was paid to members of the committee, or to any other staff.

6. UNRESTRICTED INCOME FUNDS:

	Bal	Incoming	Outgoing	Balance
	1/10/23			30/9/24
General Funds	6,305	31,097	26,071	11,331

7. ANALYSIS OF NET ASSETS BETWEEN FUNDS

	Tangible	Net Current
	Fixed Assets	Assets	Total
Unrestricted Income Funds	0	11,331	11,331