## **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: mail@mcguinnessandco.co.uk 



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


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2024 2023<br>INCOMING RESOURCES<br>Incoming resources from generating funds:<br>Voluntary Income 31,097 28,474<br>Total incoming Resources: 31,097 28,474<br>OUTGOING RESOURCES<br>Charitable Activities 26,071 22,169<br>Total Outgoing Resources 26,071 22,169<br>NET INCOMING (OUTGOING) RESOURCES FOR THE YEAR 5,026 6,305<br>RECONCILIATION OF FUNDS:<br>Total funds brought forward 6,305 0<br>TOTAL FUNDS CARRIED FORWARD 11,331 6,305<br>**----- End of picture text -----**<br>




## _**THE EILISH DEGNAN CHILDRENS FOUNDATION STATEMENT OF FINANCIAL POSITION AS AT 30th SEPTEMBER 2024**_ 


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2024 2023<br>CURRENT ASSETS:<br> Bank Current Account 12,051 6,665<br>12,051 6,665<br>CURRENT LIABILITIES:<br> Creditors and Accruals 720 360<br>720 360<br>NET CURRENT ASSETS: 11,331 6,305<br>NET TOTAL ASSETS 11,331 6,305<br>FINANCED BY:<br> Unrestricted Income Funds 11,331 6,305<br>**----- End of picture text -----**<br>


2 



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|