Unaudited Financial Statements Wil]iam Whiteside And Irene Whiteside Memorial Trust For the year ended 30 June 2023 William Whlteside And Irene Whiteside Memorlal Trust Contents Page Reference and adminlstrative details of the Trust, its Trustees and advisers Trustee's roport Independent examiner's report statement of financial activities Balance sheet Notes to the financial statements 9-15 William Whiteside And Irene Whiteside Memorlal Trust Reference and admlnlstratlve detalls of the Trust, its Trustees and advisers For the year ended 30 June 2022 Trustees Cleaver Fulton Rankin Trnstees IAmited Charily reglstered number 100271 Prlnclpal ofllce Cleaver Fulton Rankin Trustees Lamited 50 Bcdford Strccr Belfast BT2 7NV Accountant5 Gr2nt Thornton (Nl) LLP Cl)Artered Accountants 12 - 15 Donegall Square Ivest Belfgst BTI 6JH Bankeys Danske Bank DoncgAll Squarc Ivcst Belfast BTI 6JH Pffje1 William Whiteside And Irene Whiteside Memorial Trust Trustee's report For the year ended 30 June 2023 Tlie Trustee present tlieir annual report togediet ivith tlic financial statcmcnts of the IVill121n Ivliiteside And Irene 41iteside NIemorial Trust for the year l Jul). 2022 to 30 June 2023. Tlie Cliarityi re£isteied numbeI ts l(K)271 the registered office is 50 Bedford Street. Belfast. BT2 7NII. Objectives and aciivities Policies and objectives TEie Trust's objective is to ge Anvestments 24 nd to PA}F tlic nct incomc gcncrated From tl)e sliue portfolto to die ChiTrcl) OF Ireland Antrlln, First Antriln Presbyteri3n Church. Higli Sttect PIc5birtcriaTh c11￿Cli Anttiiii, Anttiin fvIediodist Cl)urcli and tlie Roman Catljolic Church in Anttit b. Main activities undertaken to further the Trust's purposes for the publlc benefit Thc Tru5t'5 Pl￿PoSe is to m2n2ge investments and to PAY the net income geneiAtcd from die sliTrre portfolio to tlie Cliurcli of Irc142nd AntrAtn, First Antrini Prcsb)TtcriAn Cliuicl), Higli Street Presb)Iteri#n Cliutcli Antillll, Antlllll letliodi5t Churcli And tlic Roman C2th0lic Cliurcli in ilnttim. Tl)e dircct bcncfits ivhicli floiv from diis purpose include die financial a5sisLincc to tlic old and need), people belonging to die respective congreglluons. "I'liese benefits Ciqn be demonstrated dirough Feedback from the Rectors. Ministers and Pirish Priests OF tlic Cliurchcs. Achievements and petfotmance Review of activities T11￿e lias been no change in the actiipities of the ttust during the year. b. Investment policy and performance Tlie Tiustee i]iinages die share portFoko aIid pays il)e net incoine generated froni tli2t poitfolio to tlic cliaiitAblc bcnefici2rLC5 n2111ed in tile ivill OE the 114 tc Ixlilltani Illhitcsldc ivlio (licd on 13 h,Iqrcli 1963, n￿ne1), tEie Rector for die umc bcing of tlic ch￿Cli of Ireland m Anttim, tlie fvIinistets lor tlie tinic bcing of llirst Antillll Piesb)Ttciia c11￿cli 2nd Higli Street Presbyteriin Church. Antrin], the hlinister for die time being of tl)e h,Ierliod&st Cliiircli, Antrim and tlie Paiisli Priest Foi the time being of tlie RomAn C2th0]ic Church in Antrim. and thcsT at their oivn absolute discietion appl), the incomc for the bcnefit of old and need). people belonging to dieir iespective CongKcgations. p￿e2 William Whiteside And Irene Whlteslde Memortal Trust Trustee's report (contlnued) For the year ended 30 June 2023 Financial review a. Resorves policy Tlie Trust holds reserves sufficient to mect the d2y to day requirements of operations. b. Financial overview At tlie end of the ycar, the charity had assets of £14.331 (2022: £17,510) and liabilities of £2,400 (2022: £2,160). The net Eunds of tlie charity liave decieased by £3,419 (2022: £4,114), and die trustees are satisfied ivith die leTrrel ol Iet2ined fiinds at the yeAr end. Going concern IIFtcr making appropriate enquiries, the trustce lias a reAsonable expectation d)2t the Trust has adequate resources to continue in operational existence for the foreseeable future. For this ieason the)1 continue to adopt tlie going concern basis in preparing the flnancial stRtcmcnts. Further detai]s regarding the adoption of tlie going concern basis can bc found in tlie Accounting Pokncies. Striictiitey governance and managemeot Constitution The principal object of die twst is to Mttn￿e investments and to pay thc net income generated from the sl)2re portfolio to V2ri0us churche5 in Co Antrini There have been no changes in die objectives since tl)e ]ast annual report. b. Methods of appointmènt or g1gction of Trust99 Tlie managemcnt of the Twst is the responsibiiirji of the Tmstee ivho atc dected and co-opted Und￿ die terms of the Ivill. Cleaver Fulton Rankin Trustees Ilmited iv2s the sole tLUStee of the Trust during thc Cu￿Cnt and prior }reat. Tl)e directoIs of CleAver Fulton Rankin Trustees LAmited ale: K L BIAir J Forrester fvI K G Grikliam PJJe 3 William Whiteslde And Irene Whlteslde Memorial Trust Trustee's report (contlnued) For the year ended 30 June 2023 statement of Trustee's responsibilities Tlie 'frustee is responsible lor prepailng the T￿￿tee'S rcport and the fmanciAI statcmcnts in accoidxnce ivith pplicablc laiv and United Kingdoin Accounting St2ndards (United Kingdom Generally Accepted Accounting Practice TEie laiv applicable to charitie5 in Nortliem Ireland requixes tlie Trustee to piepare financial statements foi eacli fm1ncial yeAr ivhich 8ive R truc and fair vI￿V of tlic statc OF aFfairs of die Trnst and of its incotning rcsourccs aiid qpplication OE iesources, including its income and cxpendituic. for tliat pcriod. In prcpariog tliese financial statements, tlie Tru5tcc Arc iequitcd to: select suitable accounting policies %End tlicn appl}, tliem consistentl) observe tl)e mediuds and principlcs OF thc CIiiritic5 SORP (FRS 102)" Inake judgements and accounung estimates th2t are Ieiisonable and prudent. state ivlicd)cr appltcable UK Accounting St2nd2rds (FIRS 102) Ilgire been folloived, subject to irA}r material dcpartUiC5 disclosed explained in die fin2llCi21 st2tements; prepare the fmancial statcmcnts on tlie gotng concern basis unles5 It is inqppropriate to presume tliqt dic Trust ivkll contioue io business. Tlie Trustee is responsible for keeping adequate accounting recoid5 that are sufficient to shoiv And explain tlie Tiust's trllns%ctiOnS 11od dksclosc ivith reasonable accurac)F at An}, tiine the financiql POSLtion of tlie Trust And enible diem to ensure tliat tlie fin2nciAI statements comp4T ivith tl)e Cl)arAues Act (No¥thcrn Ircland) 2008. tlje Cli94 r&ties (Accounts 2nd RepoIts) Rcgulations (Nortlicrn Ircland) 2015 alid tlie provtsions of die Tiust decd. Tlicy Arc 11150 rc5POLisiblc Eor 52EeguArding die assets of the Trust and lience for taking reasonable steps for tlie prevetition 2nd detection of frii ud and otliei irregulAriues. Approved by order of tlie mcmbcts OE the boArd of Trustee on 29 April 2024 and signed on dieir beliall by: Cleavet F (riust ton Rankin Ttustees Liinited PaJe 4