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2025-12-31-accounts

Maiden City Eldercare

Report and Accounts

for the year ended 31 December 2025

Maiden City Eldercare
Reports and accounts
Contents
Trustee Committee and Other Information 3
Trustee Committee’s Report 4
Statement of Trustees’ Responsibilities 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Accounting Policies and Notes to Financial Statements 9-10

Maiden City Eldercare

Trustee Committee and Other Information

Trustees Committee

Niamh Henry Patrick Gabriel Denis Cox

Independent Examiner

Ronan Fallon 2 Eglantine Ave Belfast BT9 6DW

Registered office

38a Dunlaid Road Greysteel Londonderry BT47 3EF

Maiden City Eldercare Trustee Committee’s Report

for the year ended 31 December 2025

The Trustees' committee presents their report and the financial statements for the year ended 31 December 2025.

Objectives

Our aim is to promote dignity, independence, and wellbeing among elderly individuals in the Foyle area through compassionate, community-centred eldercare programmes and services, whilst supporting families navigating the challenges of ageing and fostering meaningful connections that combat isolation.

Our specific objectives are:

Public Benefits and What We Do

The benefits from our work include reduced social isolation and loneliness, improved emotional wellbeing and life satisfaction, enhanced independence and confidence in daily living, improved health outcomes through preventive care and healthcare coordination, strengthened family caregiver capacity, and positive system change through advocacy and research in eldercare.

These benefits are verified through participant feedback, family testimonials, healthcare professional collaboration, and regular service evaluations. We maintain robust safeguarding policies aligned with Adult Safeguarding legislation, data protection protocols, and confidentiality standards, with all staff and volunteers undergoing AccessNI screening and training in dignity in care and person-centred practice.

Our primary beneficiaries are elderly individuals aged 60+ living in the Foyle area, including those experiencing social isolation, health challenges, or transitions to different living environments; their families and unpaid carers navigating the demands of eldercare; healthcare professionals seeking partnership in coordinated care; and the broader community through awareness-raising and advocacy initiatives.

During 2025, we delivered:

Financial Review

The surplus for the year was £4,377 (2024 - £3,026 surplus, first year of operation). Income totalled £19,650 including donations (£17,650) and grants (£2,000). Expenditure totalled £15,273, with major costs including project-related (£2,681), training (£3,646) and facilities (£3,470),.

The Trustees are pleased with our year's financial performance, achieving both charitable objectives and financial sustainability. The surplus will support programme expansion and build reserves.

The Trustees have established a reserves policy targeting 6 months operating costs (£8,000-£10,000). Year-end unrestricted reserves stood at £7,403 with commitment to reach target levels over 2-3 years.

Future Plans

Key 2026 priorities include:

Tier 1 (fundable now)

Tier 2 (if funding secured):

Trustees' Responsibilities

The Trustees are responsible for preparing financial statements that give a true and fair view of the charity's affairs, maintaining proper accounting records, safeguarding assets, and ensuring compliance with the Charities Act (Northern Ireland) 2008.

Trustees Committee Membership

The following people served on the Trustee Committee during this year:

Niamh Henry Patrick Gabriel Denis Cox

This report was approved by the Trustee Committee and signed on its behalf by:

……………………………... …………………………… Niamh Henry Patrick Gabriel Date: 01/07/2026

Maiden City Eldercare Statement of Trustees’ Responsibilities

The charity's trustees are responsible for preparing an annual trustee's report and financial statements in line with relevant legislation and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). According to the charity's constitution, the trustees must compile financial statements annually. These statements must accurately and fairly reflect the charity's financial condition, as well as detail the incoming resources and how they are applied, encompassing both the income and expenditure of the charity for that specific period.

In the process of preparing the financial statements, the trustees must:

The trustees hold the duty of maintaining accurate accounting records that, at any point, reasonably reflect the charity's financial status and ensure the financial statements are in accordance with applicable laws and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Their responsibilities also extend to protecting the charity's assets and implementing adequate measures to prevent and identify fraud and other irregularities. Furthermore, trustees are accountable for preserving the integrity of the charitable and financial information on the charity’s website. It is important to note that the legal requirements governing the preparation and distribution of financial statements in the United Kingdom may vary from those in other jurisdictions.

Statement as to disclosure to the independent reviewer:

In so far as the trustees are aware at the time of approving our trustees' annual report:

By order of the board of trustees

……………………………... Niamh Henry

Date: 01/07/2026

Independent Examiner's Report

to the Trustees of Maiden City Eldercare

Independent Examiner's Report to the Trustee Committee of Maiden City Eldercare

I report on the accounts of Maiden City Eldercare for the year ended 31 December 2025, which are set out on pages 7 to 10.

Respective responsibilities of the trustees and examiner

As the charity's trustees, you are responsible for preparing the accounts in alignment with the Charities Act (Northern Ireland) 2008.

My duties entail:

Basis of Independent Examiner's Report

I have examined your charity's accounts to ensure they comply with Section 65 of the Charities Act. This examination adhered to the general directions provided by the Charity Commission for Northern Ireland under Section 65(9)(b) of the Charities Act. The scope of this examination encompassed an evaluation of the accounting records maintained by the charity and a comparison of the presented accounts against these records. Additionally, the examination involved an assessment of any unusual items or disclosures within the accounts and soliciting explanations from you, as charity trustees, regarding any such findings. My responsibility is to determine whether there have been any material matters brought to my attention that would lead me to believe:

  1. That the accounting records have yet to be maintained in accordance with Section 63 of the Charities Act.

  2. That the accounts presented do not align with those accounting records.

  3. That the accounts fail to meet the accounting standards stipulated by the Charities Act.

  4. That additional information is necessary to achieve a comprehensive understanding of the accounts. This is in reference to CCNI ARR07 - supporting document dated 11 August 2016.

Independent Examiner's Statement

Upon completing my audit concerning the entity, including evaluating the practices and methodologies employed, I have not observed any material discrepancies warranting concern. Through the audit procedures executed and examining the available records, I possess adequate evidence to conclude that the financial statements provide an accurate and fair view of the charity’s financial position. Furthermore, no additional matters necessitating attention have come to light.

_______ Ronan Fallon

2 Eglantine Ave Belfast BT9 6DW

01/07/2026

Maiden City Eldercare Statement of Financial Activities

for the year ended 31 December 2025

Note
Income
Donations
Grant
Expenditure
Facilities
Telephone & Internet
Admin and office costs
Equipment and electronics
Travel and subsistence
Printing, postage and stationery
Professional and consultancy fees
Training
Project-related costs
Bank Charges
Sundry expenses
Net (expenditure) and net movement in funds in year
Reconciliation of funds
Total funds brought forward
Total funds carried forward
All amounts relate to continuing operations
Restricted
Funds
Unrestricted
Funds
-
17,650
-
2,000
-
19,650
-
3,470
-
174
-
448
-
851
-
1,942
-
199
-
1,500
-
3,646
-
2,681
-
48
-
314
-
15,273
-
4,377
3,026
7,403
2025
£
17,650
2,000
19,650
3,470
174
448
851
1,942
199
1,500
3,646
2,681
48
314
15,273
4,377
3,026
7,403
2024
£
12,152
-
12,152
1,925
193
309
1,632
1,300
274
-
2,652
627
48
166
9,126
3,026
-
3,026

The statement of financial activities includes all gains and losses recognised in the year.

Maiden City Eldercare Balance Sheet

as of 31 December 2025

Note
Current assets
Cash at the bank and in hand
Creditors: amounts falling due within one year

Net current (liabilities)/assets
Net (liabilities)/assets
Fund Account
Total Funds
2025
£
7,403
-
7,403
7,403
7,403
7,403
2024
£
3,026
-
3,026
3,026
3,026
3,026

On behalf of the Trustee Committee, we endorse these financial statements and affirm that all pertinent records and information have been provided for their preparation. The trustees have compiled the accounts in compliance with Section 130(1) of the Charities Act 2011.

……………………………... Niamh Henry (Chairperson)

Date: 01/07/2026

Maiden City Eldercare

Accounting Policies and Notes to financial statements

for the year ended 31 December 2025

1. Accounting policies

Basis of preparation

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

a) Basis of preparation

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) (effective 1 January 2015) - (Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland.

The entity 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 note(s).

b) Reconciliation with the previous Generally Accepted Accounting Practices

In preparing the accounts, the trustees have considered whether, in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102, no material restatement of comparative items was needed.

c) Preparation of accounts on a going concern basis

The entity reported a net expenditure of £4,377. The trustees believe that the ongoing monitoring of income and measures taken after year-end to manage operating costs and focus on income recreation have secured the immediate future of the entity. The entity also maintains high levels of goodwill from the local community, having secured funding from various sources and currently has a number of fundraising activities planned for the coming twelve to eighteen-month period.

Cash flow statement

The entity has availed of the FRS 102 Section 7 exemption from the requirement to produce a cash flow statement. Income comprises the various income streams detailed in the Statement of Financial Activities and is recognised when received.

Government Grants

Grant income is recognised in income when received.

Maiden City Eldercare

Accounting Policies and Notes to financial statements

for the year ended 31 December 2025

2. Fund Account

Surplus/ (Deficit) for the financial year
Opening Total funds
Closing Total funds
2025
£
4,377
3,026
7,403
2024
£
3,026
-
3,026