FOYLE NETWORK FOUNDATION LTD
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Cash
£467k
lowest in 3 filed years
Net assets
£763k
highest in 6 filed years
Employees
10
highest in 6 filed years
Profit before tax
£66k
Period ending 2026-03-31
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £294,936 | £750,947 | £667,904 | — | |
| Operating profit | — | — | — | — | £230,976 | £65,737 | — | |
| Profit before tax | — | — | — | — | £230,976 | £65,737 | — | |
| Net profit | — | — | — | £66,331 | £230,976 | £65,737 | — | |
| Cash | — | — | — | £476,261 | £500,225 | £466,768 | — | |
| Total assets less current liabilities | £209,322 | £301,811 | £400,196 | £466,527 | £697,503 | £763,240 | — | |
| Net assets | £209,322 | £301,811 | £400,196 | £466,527 | £697,503 | £763,240 | — | |
| Equity | £209,322 | £301,811 | £400,196 | £466,527 | £697,503 | £763,240 | — | |
| Average employees | 2 | 3 | 4 | 6 | 8 | 10 | — | |
| Wages | — | — | — | £120,616 | £275,294 | £302,971 | — | |
| Directors' remuneration | — | — | — | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. Year-on-year comparison hidden: this filing covers about 12 months versus 15 months prior. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 30.8% | 9.8% | |
| Net margin | — | — | — | 22.5% | 30.8% | 9.8% | |
| Return on capital employed | — | — | — | — | 33.1% | 8.6% | |
| Current ratio | — | — | — | 7.75x | 17.05x | 9.91x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- FOYLE NETWORK FOUNDATION LTD 2025-02-27 → present
- FOYLE FOODBANK LIMITED 2016-05-11 → 2025-02-27
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- McGroarty McCafferty & Company
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “The financial statements cover a 12 month period from 1 April 2025 to 31 March 2026, the comparatives are for a 15 month period from 1 January 2024 to 31 March 2025.”
- “The Network, an affordable food shop, opened in November 2024 in the Strand Road area of the city.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MULLAN, Karen Maria | Secretary | 2022-05-06 | — | — |
| KELLY, Gerald Edward | Director | 2016-05-11 | Nov 1953 | Irish |
| MCADAMS, Damien | Director | 2018-11-15 | Nov 1949 | Irish |
| MCCLOSKEY, Teresa Susan | Director | 2018-12-07 | Mar 1969 | British |
| MCGOWAN, John Denis | Director | 2018-11-15 | Sep 1943 | Irish |
| MCLAUGHLIN, Clare | Director | 2024-07-24 | Jul 1981 | Irish |
| REID, Desmond Trevor | Director | 2020-09-04 | Jan 1951 | British |
| RODDEN, Alan Christopher | Director | 2016-05-11 | Sep 1964 | British |
| WALLACE, Alison | Director | 2022-04-14 | Jan 1969 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MCDAID, Deirdre Teresa | Director | 2016-05-11 | 2025-03-29 |
| MCFADDEN, Redmond | Director | 2016-05-11 | 2018-10-01 |
| MCMENAMIN, James | Director | 2018-11-15 | 2019-04-01 |
| MCMONAGLE, John Joseph | Director | 2016-05-11 | 2017-09-10 |
| ROBERTS, Stephanie | Director | 2018-11-15 | 2020-07-14 |
| WARD, Seamus | Director | 2018-11-15 | 2019-05-29 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 41 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-02-27 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-07 | AA | accounts | Accounts with accounts type full | |
| 2026-06-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-07 | AA | accounts | Accounts with accounts type full | |
| 2025-05-22 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-27 | CERTNM | change-of-name | Certificate change of name company | |
| 2025-01-16 | AA01 | accounts | Change account reference date company current extended | |
| 2024-07-25 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-21 | AA | accounts | Accounts with accounts type micro entity | |
| 2023-05-19 | AA | accounts | Accounts with accounts type micro entity | |
| 2023-05-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-28 | AP03 | officers | Appoint person secretary company with name date | |
| 2022-08-15 | AA | accounts | Accounts with accounts type micro entity | |
| 2022-07-20 | AP01 | officers | Appoint person director company with name date | |
| 2022-05-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-04 | AA | accounts | Accounts with accounts type micro entity | |
| 2021-04-16 | AA01 | accounts | Change account reference date company previous shortened | |
| 2020-10-13 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.