Unaudited Financial Statements The Ivan and Doiothy Wheelei Chiritable Trust For the year ended 30 June 2023 The Ivan and Dorothy Wheeler Charitable Trust Contents Page Reference and administrative details of the Trust. Its Tyustees and advisers Trustee's report Independent examinerfs report statement of financial activities Balance shoot Notes to the linancial statements 9-15 The Ivan and Dorothy Wheeler Charitable Trust Reference and administrative details of the Trust, its Trustees and advisers For the year ended 30 June 2023 Trustges CIeskir￿ Fulton Rankin Ttustees IAmited Chayity Yogi5torgd number 100272 Principal officg Clcaircr Fulton Rankin Trustees Limited 50 BedfoKd Streei Bella5t BT2 7NV Accountants Grant Thornton Chattered Accountints 12_ 15 Donegall Squ2re Ixlest BclFast BTI 6JH (Ni) LLP Bankers Danske Bank Donegall Square Ivest Be￿ast BTI 6JH P*Je1 The Ivan and Dorothy Wheeler Charitable Trust Trustee's report For the year ended 30 June 2023 Tlie Trustee piesent theit AnnuAI Iepoit together ivitli the financial 5tatcmcnts of die Tiust for die l Jul)r 2022 to 30 June 2023. Tl)e ChAIAt)T registered number is IIXI272 and the rcgi5tcrcd office ts 50 Bedford Street. Belfast. BT2 7FIV. Objectives and actlvities Policies and objectives Tlie Trust's objective i5 to manage die investtnents and pay the nct incomc from die investments til equal slitiLes to Northern Ircland Cliest Heart and Strokc, Tlic fvItssion to Seafarers (nllmed in tlie ivlll As Tlic fvIi55Loll5 to Seain?n (Belfast NIission)). Hol), Trinity Cad)edral (Doivn Catliedral Chuicli ol Ircland), Tlie Cor4Tftneel2 Cointnunit)r and 1fv114 Lie Cutie c1￿Cer CAre to alloiv them to carESr out thcir cliaritable ivorE b. Main activities undertaken to further the charity's purposes for the public benefit Tlie I'rust's purpose is to nian2ge the investments and pay tlic nct income from tlie inirestments in equal sh2res to Noitlicrn Ireland Cliest He￿t 11 nd Stroke, The Mission to SeaEarers (named in die ivill as Tlie Mi5Si0115 to Seqmen (BelF1St Nli55ion)), Holy Tn￿ty C11 tliedrii l (Doivn C2thedral Church of Ireland), Tlie CorryLneela Cominunitii 2nd Iatie Curie Cancer Care to alloiv them to cArriF out theRr cliiutable ivork. Tlie dircct bcncflts ivliicli floiv suc tlic fEnqnciil assistance to tlic chatities 2nd tlie people the). beneflt. Thc bcncfits ￿e evidenced t1￿0￿g￿l feedbl¢ ck from thc cliaritses. Achievements and performance Review of activitle5 There l]as been no cliangc in tlie activities of the twst during tlie yeAI. b. Investment policy and performance Tlic Tnist manages 11 sliare portlolio And pay5 the net income generated from that portfolio cquall}, be￿V£cA dic cliaritable beneficiaiie5 nAmed in tlie ivill of tlie late Dototli}' Illlieclcr ivlio dicd on 25 Januu}1 2003. Tlie cliaritible beneFIciiltlC5 are Nortliern Ireland Chest Heart iqnd Strokc, Tlie hlission to Seafarers (n2nicd in tlie ivill as Tlic fvIissions to Svaiiian (Belfast h[Is￿On)), Hol), Trinity Cathedial (Doivn CAthedral Cliurcl) of Iie141nd), Tlie Cort)TnicelA Col￿n￿nity and Marie Curie Cancer Care. Paje 2 The Ivan and Dorothy Wheeler Charitable Trust Trustee's report (contlnuedl For the year ended 30 June 2023 Financial revlew At the end of the year, the d)arity had assets of £605,134 (2022: £605,111) and liabilitie5 of £2.400 (2022: £600). Tlie net fund5 of tlic diArity Iiavc dccrcAsed by £1.777 (2022- £59,347), And the trnstces are satisfied ivitli tlie leirel OF retained ￿ndS at tlie }ie2r end. Of the net funds at 30 June 2023 of £602,734 (2022.. £604,511) 15 attributable to restricted Eunds. a. Resetves pollcy The Tiust liolds reserves sufficient to meet tlic dAy to da)F requirements of operations. b. Golng concern After making appropiiate enquiries, the trustees have a reasonable expectation that die trust has adcquate resources to continue in operAtional existence lor the foreseeable future. For this reason the)T continue to adopt (lie going concern basis in preparing the financial statements. Further details regarding the adoption of die going concern ba515 can be found itl the Accounting Policics. Stnictiite) govemartce and management a. Constitution Tjie princip21 object of the ttust is to provide income Eor cl)aritable beneficiarAes. These charitable beTheficistiies kre Northern Ircland Chest Hcart and Strokc, The Mission to ScafAiers (named in the ivill as Tlie Missions to Seaman (Belfast hlission)), Holy Tiinity Catiiedral (Doivn C3thedr21 Church of Ireland), Tlie Coiryimeela Communlty and fvIarie C￿le caThc￿ c￿￿e. There l)Ave been no changes in the objectives since the12st annual rcport. b. Methods of appointment or election of Trustee Tlie management of the trust is the responsibAlityp of the Twstee ivho ate elected and c(Fopted under the tcrms OE the Ivill. cle￿Ver Fulton Rankin Tiustees LAmited ivas the sole trustee of the trust during the curtent and prior }Tedr. Tlie directoIs of Cleaver Fulton Rankin Tiustees IAmited are." K L Blait J Forre5ter l K G GraliAm Page 3 The Ivan and Dorothy Wheeler Charitable Trust Trustee's report (continued) For the year ended 30 June 2023 Statement ol Trustee's responsibilities The Trustee is responsible for preparing the Trustee's report and tlie f￿anciAl stAtements in Accordance ivitli 2ppIici¢ ble laiv and United Kingdoin Accounting Standards Cunitcd Kingdom Generall), Accepted Accountitig Ptactice . Tlie laiv Applic2ble to cliarities io Nortlicin IIcland iequires die Trustee to prepare FEnancial 5tatcincnt5 foi cacli fill2nci￿ ivl]icli giiTC a trL)c vieiv of die state of aflairs of the Trust and of its ￿COM￿g resouices qnd ppltcation OF resources, including its income and cxpcnditure, For tliAt period. In preparing these finÉlnci411 statements. the Ttustce arc rcquired to: select suitAblc accounting poIicies and then appl}, them con5tstcntl) observe tlie metliods and principles of the ClIAnties SORP (fRS 102). mqke judgements ind accoutiting cstimates that $￿e reasonable and pmdent. statc ivliedier 2pplicable UK Accounting StAnd￿s (FRS 102) Iiave been folloived. subject to an), matei'iil dep41rtures disc105cd and explained in tlie financiil statemcnts. prep¢1re thc finincial 5titenients on tlie goiiig concun b￿15 unless It ts inAppropriate to presume tli94 t die Trust ivijl continue in business. Tlie TIustee is responsible for keeping adequAte accounting records tliat are sufficient to 5hoiv and cxplain tlic 'I lust's trlinsactions and disclose ivitli reasonable accuric}r at tiine tlie ftt12ncial position OE tlic TIu5t and enable thcm to ensuie digt the F￿anCIAl 5tatcmcnts con]pl)F iVitlI d)e C.EiarAues Ilct (Nortliern Ircland) 2008. tlie Cli&qllUes (Accounts and Ilcpoits) Regulitions (Nortliern Irejand) 2015 and tlie proiFisions of tlie Trust deed. Tlie}T Are 11so rcsponsible foi Sli feguarding tlie a55Cts ol tlic Trust And lience for taking reason2ble 5tcps Eor tlic prcireiition aiid detection of fraud and otlicr irrcgularities. tlppioired b}F oidei of tlie members of the boArd of Trustee on 29 April 2024 and signed on tlieir belialf by: Cleaver Fiilt (rrustee) Rankin Trustees Limited P4e4