Charity Registration No. NIC100314
THE KEVIN BELL REPATRIATION TRUST
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

THE KEVIN BELL REPATRIATION TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr B Bell
Mr D Ruddy
Mr A O'Rourke
Mr B Jackson
Mr C Bell
Mr C Bell
Mr M Carr
Mr J Mccaffrey
Mr K Heaney
Mrs E Bell
Charity number (Northern Ireland)
NIC100314
Charity number {Ireland)
20102937
Principal addre55
Unit 7 Whitegates Business Park
Newry
Co. Down
Northern Ireland
BT35 6UA
Auditor
FPM Accountants Limited
1 3 Arthur Street
Belfast
Co. Antrim
Northern Ireland
BTI 4GA
Bankers
AIB
42-44 Hill Street
Newry
Co. Down
Northern Ireland
BT34 1AU
Solicitors
Edwards & Co.
28 Hill Street
Belfast
Northern Ireland
BT1 2LA

THE KEVIN BELL REPATRIATION TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Solicitors
Mason Hayes & Curran
South Bank House
Barrow Street
Dublin 4
Co. Dublin
Republic of Ireland

THE KEVIN BELL REPATRIATION TRUST
CONTENTS
Page
Trustees, report
Statement of trustees, responsibilities
Independent auditor's report
12-17
Consolidated statement of financial activities
18
Con501idated balance sheet
19
Charity Statement of financial activities
20
Charity balance sheet
21
Consolidated ststement of cash flows
22
Charty statement of cash flows
23
Notes to the financial ststements
24-35

THE KEVIN BELL REPATRIATION TRUST
TRUSTEES. REPORT
FOR THE YEAR ENDED 3 1 AUGUST 2023
The trustees present their annual report and audited consolidated financial statemenls for the year ended 31
August 2023.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts
and comply with the charity's governing documen( the Charities Act (Northern Ireland) 2008 las amended by
the Charities Att (Northern Ireland) 20221 and '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 ènd Republic of Ireland IFRS 702)" las amended for accounting periods
commencing from l January 20191.
Objectives and Activltles
1.1 POLICIES & OBJECTIVES
The Kevin Bell Repatriation Trust IKBRT or the Trust) is a charitable organisation estsblished in September
2013 in Memory of Kevin Bell who, at the age of 26, died tragically in New York in June 2013. Kevin's death
elicited a huge response and outpouring of support by friends and farnily in the Newry area and also a5 far
field as New York and Australia. The funds donated were significantly in excess of the amount that was
needed, and the Bell Family chose, as part of Kevin's legacy, to establish a Charily with the purpose of
assisting other people and familie5 who suffer similar tragedy abroad and who need as515tance with
repatriation back to the Island of Ireland Ilreland and Northern Ireland).
Assistsnce is provided regardless of background leg. race, religion, gender, disability, criminal convictions) or
the circumstances of the person's death (eg. suicide, murder).
The primary objectives of the trust are as follows:
To provide financial assistance to relieve the financial distress or hardship of bereaved familie5 to
repatriate the body lor bodies) of a loved onelsl back to the Island of Ireland.
To relieve human suffering, mental anxiety and ill health and improvement of the mental and physical
health and wellbeing of the members of such bereaved families by the means of providing expert
support, advice and other practical, technical and logistical assistance. This support has proved to
be just as, if not more, important than the financial assistance itself.

THE KEVIN BELL REPATRIATION TRUST
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
1.2 STRATEGIES FOR ACHIEVING OBJECTIVES
We aim to achieve our objectives through increasing awareness of the Trust and by providing necessary support
as soon as is practically possible following a request for assistance.
The Trust receives applications for assistance typically from either a Trustee being contacted by a family member
or friend of those ￿centlY deceased abroad or a Trustee may make contact with the deceased's family if they
become aware of a situation which has occurred.
KBRT has built up a large netr40fk of foreign based community members leg. Irish Immigrant support groups,
Irish cultural societies) and government officials leg. Ireland's minister for the Diaspora and the multiple Irish
Consulates abroad) who raise awareness of the support available from KBRT and who also may make referrals.
1.3 AcfiviTIES FOR ACHIEVING OBJECTIVES
To support KBRT'S overall objective5, requests received for assistance are dealt with immediately and Trustees
are permitted to provide assistance so long as the case meets the parameters set out in the Trust's objectives
and governing documents. KBRT offers full support for the deceased's family and repatriation of remains
back to the151and of Ireland with the intention of doin9 so as early as quickly as possible. Depending on the
country,
KBRT may use specialist repatriation agents or other such Specialists in each country.
In limited circumstances, KBRT receive requests for assistance oulside of the parameters of the Trust's
primary objectives but in keeping with the charitable ethos of the Trust leg. paying the cost of bringing
other human ￿MaInS lor 'Ashes"I back to Irelandl. In May 2020, Trustee5 expanded the Trust Deed and
approved a Policy for the types of cases. specifying the limited amounts available and process for helping
in such cases.
1.4 MAIN AcfiviTIES UNDERTAKEN TO FURTHER THE CHARITY'S PURPOSES FOR PUBLIC BENEFIT
The Trust does not en9age in general fundraising activities. Funding is obtained through donations from
individuals, groups and businesses. These donations are often as a result of fundraisers from those who have
received assistance and who wish to contribute back to KBRT in memory of their recently deceased.
The Trust is active on number of social media plarforms (Facebook, Twitter) which, together with its website,
raises awareness of its objectives and activities. KBRT has a registered charity profile with donation websites
including www.idonate.com and other similar platforms. People wishing to fundraise on behalf of. or donate
to, KBRT can do so using these sites. Donations are also received through bank lodgements. www.paypal.com,
cash and cheques.

THE KEVIN BELL REPATRIATION TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 3 1 AUGUST 2023
In 2018 the Trustees established a Trading Company IKBRT Trading Limited) for the sale of KBRT branded
merchandise, with all shareholding and profits held for the benefit of KBRT. The primary benefit of this activity
is increasing public awareness of KBRT. This company has been consolidated into these financial statements
(note 61.
2. Achievements and performance
2.1 KEY PERFORMANCE INDICATORS
During the year ended 31 August 2023, the Trust successfully delivered on our mi55ion to help individuals and
families who have suffered a loss abroad with the repatriation of their loved ones remains to the Island of Ireland.
Key achievements include..
In the 12 months to 31 August 2023, KBRT provided assistance with 258 (Prior year: 255) repatriations.
FY2023 was in line with prior year11 %) and also the highest 12 month volume of repatriations in history of
the Trust lup 1 % from previous highest count in FY20221.
Since formation, curnulatively up to 31 August 2023, KBRT had repatriated 1,641 individuals back to the
Island of Ireland.
endlng 31
Au
Repatriations
Chan
e from PY
35
50
123
157
206
200
191
166
-25
255
89
258
1,641
+lS
+73
+49
Change %
+4396
+146%
+28%
+31%
-a%
.516
.13%
54%
1%
Repatriations per Year
300
255
258
250
206
200
200
191
157
166
150
123
50
50
35
FY2014
FY2015
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023

THE KEVIN BELL REPATRIATION TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
In the 12 months to 31 August 2023, KBRT provided repatriations from 36 different countries (PY'.45).'
UK
119
CYPRUS
USA
34
BULGARIA
SPAIN
30
CHINA
AUSTRALIA
13
FINLAND
TURKEY
POLAND
FRANCE
BRAZIL
CANADA
INDONESIA
PORTUGAL
MOROCCO
THAILAND
SWITZERLAND
NETHERLANDS
CROATIA
GREECE
GUERNSEY
NEW ZEALAND
LITHUANIA
MALTA
SIERRA LEONE
GERMANY
SRI LANKA
ITALY
SLOVENIA
BELGIUM
Antigua & Barbuda
LUXEMBOURG
SWEDEN
PHILIPPINES
NORWAY
REPATRIATIONS IN 12 MONTHS TO AUGUST 2023
258
Since the formation of the Trust and cumulativety up to 31 August 2023, K8RT has assisted with
repatriations from 73 IPY.. 691 different countries.
New countries this year included No￿aY, Antigua & Barbuda, Luxembourg and Slovenia.
The most commonty recurring countries for repatriations are the UK17441, USA11951, Spain 11571 and
Australia1113)

THE KEVIN BELL REPATRIATION TRUST
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
UK
744
LITHUANIA
USA
195
MALAYSIA
SPAIN
157
SOUTH AFRICA
AUSTPALIA
UKPAINE
CANADA
DENMARK
FPANCE
36
DOMINICAN REPUBLIC
GERMANY
31
EGYPT
PORTUGAL
29
GAMBIA
THAILAND
27
HUNGARY
TURKEY
23
JAPAN
NETHERLANDS
20
KENYA
GREECE
17
LAOS
NEW ZEALAND
16
NIGERIA
PHIUPPINES
14
ERR4 LEONE
MALTA
Sfll LINKA
VIETNAM
10
Antigua & Barbvda
ARGENTINA
CAMBODIA
ITALY
AZERBALJAN
SAUDI APABIAIUAE
8ELGIUM
BERMUDA
Bosnia & Herzegovina
COLUMBIA
CYPRUS
UULGARIA
CONGO
CHINA
GEORGIA
CZECH REPUBLIC
JAKIAICA
FINLAND
LUXEM80URG
POLAND
MOLDOVA
SWEDEN
NEPAL
AUSTRIA
NORWAY
BRAZIL
PERU
INDONESIA
RUSSIA
MOROCCO
SiNGAPQRE
SWITZERLAND
SLOVSNIA
CROATIA
SOUTH KOREA
ECUADOR
TAIWAN
GUERNSEY
UAE
INDIA
UGANDA
JERSE
CUMULATIVE TOTAL REPATRIATIONS UP TO 31 AUGUST 2023
1,641

THE KEVIN BELL REPATRIATION TRUST
TRUSTEES, REPORT {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
KBRT has repatriated bodie5 to all of the counties on the island of Ireland. The highest number of
repatriations in the year to 31 Atsgust 2023 was Dublin 146), Antrim (29) and Cork {181.
Since the formation of the Trust and up to 31 August 2023, the most frequent counties for repatriations
have been Dublin (263), Antrim12011 and Down {1081.
County
FY2023
Cumulatlve
Frequency Rank
Dublin
Antrim
Cork
Derry
Kerry
Down
Mayo
Tyrone
Galwa
Clare
Limeritk
Donegal
Kildare
Louth
Tipperary
Armagh
Meath
Waterford
Westmeath
Laois
Sligo
Wicklow
Carlow
Wexford
Monaghan
Offaly
Fermanagh
Leitrim
Cavan
Kilkennv
Roscommon
Longford
TOTAL
46
29
18
14
13
12
li
io
io
263
201
99
80
51
108
59
64
63
25
77
46
33
50
38
51
34
29
15
15
34
17
14
18
20
16
io
21
13
17
12
14
io
15
19
28
28
Is
25
31
24
23
26
28
26
18
22
20
32
15
16
32
21
26
li
1.641
258

THE KEVIN BELL REPATRIATION TRUST
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 37 AUGUST 2023
2.2 REVIEW OF AcfiviTES
The financial support and guidance have made a significant difference to the families and friends of the
repatriated. The number of people repatriated and the gratitude expressed by their loved ones is testament
to the continued success of the KBRT.
These benefits are demonstrated through feedback from the families assisted, their friends and relatives and
also evidenced by the fund-raising activities for the Trust they often voluntarily initiate after experiencing
benefit.
2.3 INVESTMENT POLICY AND PERFORMANCE
KBRT has a low risk appetite and conservative approach to investment of funds and cash management. All
funds are held across several UK and Irish banks spread between current accounts and deposit account5
ranging from instant access to 5 year fixed rate. KBRT does not hold or participate in any other form of
investment.
3. Financial Review
3.1 GOING CONCERN
After making appropriate enquiries, the Trustees have a reasonable expectation that the Trust ha5 adequate
resources to continue in operational existence for the foreseeable future. For this reason they continue to
adopt the goin9 concern basis in preparing the financial statements. Further details regarding the adoption
of the going concern basis can be found in the Accounting Policie5.
3.2 FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIÉS
KBRT has a low risk appetite. Due to the nature of the charitable actlvlty, the Trust is not exposed to
fluctuations in foreign currencies apart from Euro. Fluctuations in the euro are mitigated by paying for
invoice5 through our euro account,- these funds have arisen from euro donations received.
3.3 RESERVES POLICY
The Tru5tee5 have a conservative approach to maintaining reserve5. Thi5 policy 15 reviewed on an annual
basis.

THE KEVIN BELL REPATRIATION TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
3.4 PRINCIPAL FUNDING
The principal funding of the organisation is by way of donations received. The Trust does not conduct general
fundraising. Fundraising expenses as detailed within the financial statements relate to general merchandise
and materials for raising awareness of the Trust's activities, or in some cases, items provided to people who
wish to raise funds and donate to KBRT li.e. donation of a jersey to someone running a marathon).
4. Structure, governance and management
CONSTITUTION
There is no minimum or maximum number of Trustees. As at 31 August 2023 there were 10 Trustees formally
appointed. There must be a minimum of 5 Trustees at any meeting to reglster a quorum.
The Trustees must meet a minimum of twice a year. In practice the Trust meets approximately 6 times a
year.
METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES
Trustees are elected onto the Trust whenever the Trust considers it necessary.
POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF TRUSTEES
Trustees are selected and appointed by reference to the Trust Deed with an emphasis on ensuring dtverse
professional backgrounds to aid the decision making process and to ensure that Trustees are able to perform
their duties in a professional manner.
ORGANISATIONAL STRucfuRE AND DECISION MAKING
The Trustees art unanimou51y in dec15ion making under the terms of the Trust deed. All decisions are
approved by the Trustees.
RISK MANAGEMENT
The Trustees have assessed the major risks to which the Trust 15 exposed and are satisfied that systems and
procedures are in place to mitlgate any exposure to the major risks identified.
PRINCIPAL AcfiviTIES
The principal activity is to provide financial assistance, expert advice and practical support to support the
repatriation of the bodies of those who die abroad in tragic or sudden circumstances.

THE KEVIN BELL REPATRIATION TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 37 AUGUST 2023
CHARITY REGULATION
In addition to regulation by the Northern Ireland Charity Commission, KBRT is also a registered charity with
the Charities Regulator of Ireland (charity number 201029371 and fulfil our governance and reportin9
responsibilities under this regime in parallel to the Northern Ireland Charity Commission.
CHARITIES GOVERNANCE CODE
During the period, KBRT continued with its govemance requirements and ongoing compliance the Irish Charity
Regulators "Charities Governance Code" which became a requirement in 2020.
5. Plans for future periods
5.1 FUTURE DEVELOPMENTS
The main activities of the Trust remain unchanged and the Trustees anticipate that any future development5
would relate to those activities.
5.2 FUNDS HELD AS CUSTODIAN
There are no funds held as custodian.
The trustees who served during the year were..
Mr B Bell
Mi D Ruddy
Mr A O'RoLtrke
Mr B Jackson
Mr C Bell
Mr C Bell
Mr M Carr
Mr J Mccaffrey
Mr K Heaney
Mrs E Bell

THE KEVIN BELL REPATRIATION TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
Disclosure of inforniation to auditor
Each of the trustees has confirmed that there is no information of which they are aware which is relevant to
the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate
steps to identify such relevant information and to establish that the auditor is aware of such information.
The trustees, report was approved by the Board of Trustees and signed on their behalf by-.
Mr C Bell
Trustee
Dated..
Mr M Carr
Trustee
Dated.. ..l.f.
10

THE KEVIN BELL REPATRIATION TRUST
STATEMENT OF TRUSTEES, RESPONSIBILITIES
FOR THE YEAR ENDED 31 AUGUST 2023
The trustees are responsible for preparing the Trustees, Report and the consolidated financial statements in
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice}.
The law applicable to charities in Northern Ireland requires the trustees to prepare accounts for each financial
year which give a true and fair view of the state of affairs of the charity and of the incoming resources and
application of resources of the charity for that year.
In preparing these accounts, the trustees are required to:
select suitable accounting policies and then apply them consistently,.
observe the methods and principles in the Charities SQRP,.
make judgements and estimates that are reasonable and prudenL
state whether applicable accounting standards have been followed, subject to any material departures
disclosed and explained in the accounts; and
prepare the accounts on the going concern ba515 unless it is inappropriate to presume that the charity
will continue in operation.
The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at
any time the financial position of the charity and enable them to ensure that the accounts comply with the
Charities Act (Northern Ireland) 2008 las amended by the Charities Act (Northern Ireland) 20221, the Charity
IAccounts and Reports) Regulations 2008 and the provision5 of the trust deed. They are also responsible for
safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of
fraud and other irregularities.
11

THE KEVIN BELL REPATRIATION TRUST
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF THE KEVIN BELL REPATRIATION TRUST
Opinion
We have audited the group and parent charity financial statements of The Kevin Bell
Repatriation Trust (the 'charity'} for the year ended 31 August 2023 which comprise the
consolidated and charity statement of financial activities, the consolidated and charity
balance sheet the consolidated and charity statement of cash flows and the notes to the
financial statements, including a summary of significant accounting policies. The financial
reporting framework that has been applied in their preparation is applicable law and
United Kingdom Accounting Standards, including Financial Reporting Standard 102 The
FinancialReporting Standardapplicable in the UKandRepublic of Ireland (United Kingdom
Generally Accepted Accounting Practice),
In our opinion, the financial statements..
give a true and fair view of the state of the group and parent charity's affairs as at
31 August 2023 and of their incoming resources and application of resource5, for
the year then ended.,
have been properly prepared in accordance with United Kingdom Generally
Accepted Accounting Practice,. and
have been p￿Pared in accordance with the requirements of the Charities Act
(Northern Ireland) 2008 las amended by the Charities Act {Northern Ireland) 20221.
Basls for oplnlon
We conducted our audit in accordance with International Standards on Auditing IUKI (ISAS
IUKI) and applicable law. Our responsibilitie5 under those standards are further described
in the Auditor5 responsibilities for the audit of rhe linancial statements settion of our
report. We a￿ independent of the charity in accordance with the ethical requirements
that are relevant to our audit of the financial statements in the UK, including the FRC s
Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with
these requirements. We believe that the audit evidence we have obtained is sufficient and
appropriate to provide a basis for our opinion.
12

THE KEVIN BELL REPATRIATION TRUST
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF THE KEVIN BELL REPATRIATION TRUST
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees, use of the going
concern basis of accounting in the preparation of the financial statements is appropriate.
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 group and parent charitys ability to continue as a going concern for a period of
at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern
are described in the relevant sections of this report.
Other information
The other information comprises the information included in the annual report other than
the financial statements and our auditor's report thereon. The trustees are ￿spOnSible for
the other information contained within the annual report. Our opinion on the financial
ststements does not cover the other information and we do not express any form of
assurance conclusion thereon. Our responsibility is to read the other information and, in
doing so, consider whether the other information is materially inconsistent with the
financial statements or our knowledge obtained in the course of the audit, or otherwise
appears to be materially mi5ststed. If we identify such material inconsistencies or apporent
material misstatements, we are required to determine whether this gives rise to a material
misstatement in the financial statements themselves. If, based on the work we have
performed, we conclude that there is a material misstatement of this other information.
we are required to report that fact.
We have nothing to report in this regard.
13

THE KEVIN BELL REPATRIATION TRUST
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF THE KEVIN BELL REPATRIATION TRUST
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters in relation to which the
Charities Act (Northern Ireland) 2008 las amended by the Charities Act (Northern Ireland)
20221 requires us to report to you if, in our opinion..
the information given in the financial statements is inconsistent in any material
respect with the trustees, reporL or
sufficient accounting records have not been kept-, or
the financial ststements are not in ag￿ement with the accounting records-, or
we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
explained more fvlly in the statement of trustees. responsibilitie5, the trustees are
responsible for the preparation of the financial statements and for being satisfied that
they give a true and fair view, and for Such internal control as the trustees determine is
necessary to enable the preparation of financial statements that are f￿e from material
misstatemenL whether due to fraud or error. In preparing the financial ststements, the
trustees are responsible for a55essing the charity's ability to continue as a going concern,
disclosing, as applicable, matters related to going concern and using the going concern
basis of accounting unless the trustees either intend to cease operations, or have no
realistic alternative but to do so.
Auditor's responsibilities for the audit of the financial statements
We have been appointed as auditor under section 66 of the Charitie5 Act (Northern
Irelandl 2008 and report in accordance with the Act and relevant regulations made or
having effect thereunder.
14

THE KEVIN BELL REPATRIATION TRUST
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF THE KEVIN BELL REPATRIATION TRUST
Our objectives are to obtain reasonable assurance about whether the fir)ancial statements
as a whole are free from material misstatement whether due to fraud or error, and to
issue an auditor's report that includes our opinion. Reasonable assurance is a high level
of assurance but is not a guarantee that an audtt conducted in accordance with ISAS {UK)
will always detect a material misstatement when it exists. Misstatements can arise from
fraud or error and are considered material if, individually or in the aggregate, they could
reasonably be expected to influence the economic decisions of users taken on the basis
of these financial statements.
We design procedures in line with our responsibilities, outlined above, to detect rnaterial
misstatements in ￿SPect of irregularities, including fraud. The extent to which our
procedures are capable of detecting irregularities, including fraud, is detailed below.
We obtsined an understanding of the legal and regulatory framework applicable to the
company through enquiry of management sector research and the application of
cumulative audit knowledge. We identified the following principal laws and regulations
relevant to the trust Charities Act (Northern Ireland) 2008 (as amended by the Charities
Act (Nonhern Ireland) 20221 and the 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
1021 leffertive l January 20191.
We developed an understanding of the key fiaud risks to the entity (including how fraud
might occur), the controls in place to help mitigate those risks, and the accounts, balances
and disclosures within the financial statements which may be susceptible to management
bias. Our understanding was obtained through review of the financial statements for
significant accounting estimates, analysis of journal entrie5, walkthrough of the key
controls cycles in place and enquiry of management.
15

THE KEVIN BELL REPATRIATION TRUST
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF THE KEVIN BELL REPATRIATION TRUST
Our procedure5 to respond to those risks identified included, but were not limited to..
Enquiry of management, and the entitys solicitors around actual and potential litigation
and claims.
Enquiry of management to identify any instances of non-compliance with laws
and regulations.
Reviewing minutes of meetings of those charged with governance.
Reviewing financial statement disclosures and testin9 to supporting
documentation to assess compliance with applicable laws and ￿gUlations.
Auditing the risk of management override of controls, including through testing
journal entries and other adjustments for appropriateness, and evaluating the
business rationale of significant transaction5 Outside the normal course of
busines5.
Irregularities, including fraud, are instances of non-compliance with laws and regulations.
We design procedures in line with our responsibilities, outlined above, to detect material
misstatements in ￿spert of irregularitie5, including fraud. The extent to which our
procedures are capable of detecting irregularities, including fraud, is detailed below.
A further description of our responsibilities for the audit of the financial statements is
located on the Financial Reporting Council's website at.. http.'l/www.frc.org.uk/
auditorsresponsibilities. This description forms part of our audff(or's report.
18

THE KEVIN BELL REPATRIATION TRUST
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF THE KEVIN BELL REPATRIATION TRUST
This report Is made solely to the charity's trustees, as a body, in accordance with section
65 of the Charities Act (Northern Ireland) 2008 las amended by the Charities Act (Northern
Irelandl 2022} and regulation5 made under section 65 of that Act. Our audit work has
been undertaken $0 that we might state to the charitys trustees those matters we a
required to state to them in an auditors, report and for no other purpose. To the fullest
extent permitted by law, we do not accept or assume responsibility to anyone other than
the charity and its trL¢Stees as a body, for our audit work, for thi5 report, or for the opinions
we have formed.
Ictr el& 6ii/ho4A
Teresa Campbell (Senior Statutory Auditor)
for and on behalf of FPM Accountants Limited
Chartered Accountants
Ststutory Auditors
1 3 Arthur Street
Belfast
Co. Antrim
Northern Ireland
BT1 4GA
11.06.24
17

THE KEVIN BELL REPATRIATION TRUST
CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2023
2023
2022
Notes
Income and endowments from:
Donations and legacies
Investments
2,495,417
12,052
5,618
1,652,041
8,148
Other Income
Other Tradln
Actlvltles
Commercial Trading Operation5
8,607
7,651
Totsl Income
2,521,694
1,667,840
enditure on:
Raising Funds
Charitable activities
3,293
1,149.797
10,545
1,031,667
7.667
Commercial trading operations
Total resources exp•nded
1,163,635
1,039,334
Net Income for the year/Net Incoming resources
1,358,059
628,506
Other recognized galns and losses
Other gains or1055es
12
35,548
14,217
Net Movement In funds
1,393,607
642,723
Fund balances at 1 September 2022
4,139,548 3,496,825
Fund balances at 31 August 2023
5,533,155 4,139,548
All artivity is classified unrestricted.
The ststement of financial artivities includes all gain5 and 1055es recognised in the year.
All income and expenditure derive from continuing activities.
18

THE KEVIN BELL REPATRIATION TRUST
CONSOLIDATED BALANCE SHEET
ASA T31 AU6usf2023
2023
2022
Notes
Fixed assets
Tangible assets
Investments
13
14
29,246
1,559,514
6,754
1,550,270
1,588,760
1,557.024
Current assets
Stocks
16
16,110
369
3.956,435
3,972,914
17,892
379
2.595,S21
2,613,792
Debtors
Cash at bank and in hand
17
Credltors.. amounts falllng due wlthln
one year
18
128,5191
(31,2681
Net cUr￿nt assets
3,944.395
2,582,524
Total assets less current liabilities
5,533,155
4,139,548
Income funds
Unrestricted funds
5,533,155
4,139,548
5,533,155
4,139,548
The financial statements were approved by the Trustees on
Ii..., fu.rte 202
Mr C Bell
Trustee
Mr M Carr
Trustee
19

THE KEVIN BELL REPATRIATION TRUST
CHARITY STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2023
2023
2022
Notes
Income and endowments from:
Donations and legacies
Investments
Activities for Generating Funds
2,495,417 1,652,041
12,052
8,148
5,618
Total income
2,513,087
1,660,189
enditure on:
Raising funds
3,293
Charitable activities
1,149,797
1,031,667
Total resources expended
1,153,090 1,031,667
Net income for the yearl
Net incoming resources
1,359,997
628,522
Other recognised gains and losses
Other gains or losses
12
35,548
14,217
Net movement in funds
1,395,545
642,739
Fund balances at 1 September 2022
4,139,935
3.497,196
Fund balances at 31 August 2023
5,535,480 4,139,935
All attivity is classified as unrestricted.
The statement of financial activities includes all gain5 and losses recognised in the year.
All income and expenditure derive from continuing activities.
20

THE KEVIN BELL REPATRIATION TRUST
CHARITY BALANCE SHEET
ASAT31 AUGUST2023
2023
2022
Notes
Fixed assets
Tangible assets
Investments
29,246
1,559,514
6,754
1,550,270
14
1,588,760
1,557,024
Current assets
Debtors
Cash at bank and in hand
17
34,279
3,940,960
34,289
2,579,890
3,975,239
2,614,179
Credltors: amounts falling due within
one year
18
{28,5191
{31,2681
Net current assets
3,946,720
2,582,911
Total assets less current liabilities
5,535,480
4,139,935
Income funds
Unrestricted funds
5,535,480
4,139,935
5,535,480
4,139,935
The financial statements were approved by the Trustees on
Mr C Bell
Trustee
Mr M Carr
Trustee
21

THE KEVIN BELL REPATRIATION TRUST
CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 AUGUST 2023
2023
2022
Note5
Cash flows from operating artivlties
Cash generated from operations
21
1,378,153
650,3315
Investing activities
Purchase of tangible fixed assets
Proceeds on disposal of tangible fixed
a55ets
Investment income received
127,7501
17151
10,250
261
338
Net cash (used In)/generated from
Investing activities
117,239)
13771
Net cash used in financln9 actlvitles
1,000
Net Sncrease In cash and cash equlvalents
1,360,914
650,954
Cash and cash equivalents at beginning of year
2,595,521
1,944,567
Cash and cash equivalents at end of year
3,956,435
2,595,521
22

THE KEVIN BELL REPATRIATION TRUST
CHARITY STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 AUGUST 2023
2023
2022
Notes
Cash flows from operating artivities
Cash generated from operations
21
1,378,309
648,545
Invèsting activities
Purchase of tangible fixed assets
Proceeds on disposal of tangible fixed
assets
Investment income received
127,750)
(7151
10,250
261
338
Net cash {u5ed in)/generated from
investing activities
{17,239)
(377)
Net cash used in financing activities
Net increase in cash and cash equivalents
1,361,070
648,168
Cash and cash equivalents at beginning of year
2,579,890
1,931,722
Cash and cash equivalents at end of year
3,940,960
2,579,890
23

THE KEVIN BELL REPATRIATION TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
Accountlng pollcles
Charlty infomiation
The Kevin Bell Repatriation Twst meets the definition of a public benefit entity under FRS 102.
1.1 Accounting convention
The accounts have been prepared in accordance with the charity's governing document, the Charities Act
(Northern Ireland) 2008 (as amended by the Charities Act (Northern Ireland) 2022) and "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 IFRS 1021.
las amended lor accounting periods commencing from 1 January 2019). The charity is a Public Benefit
Entity as defined by FRS 102.
The financial statements are prepared in sterlin9. which is the functional currency of the charity. Monetary
amounts in these financial statements are rounded to the nearest £.
1.2 Going concem
At the time of approving the financial statements, the tnjstees have a reasonable expectation that the
charity has adequate resources to continue in operational existence for the foreseeable future. Thus the
trustees continue to adopt the going concern basis of accountin9 in preparing the financial statements.
1.3 Charltsble funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable
objectives.
1.4 Incoming resources
Income is recognised when the group is le9ally entitled to it after any performance conditions have been
met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on ￿ceIpt. Other donations are recognised once the charity has been
notified of the donation, unless performance conditions require deferral of the amount. Income tax
recoverable in relation to donation5 received under Gift Aid or deeds of covenant is recognised at the time
of the donation.
Group financial statements..
The financial statements consolidate the result5 of the charity and its subsidiary KBRT Trading Ltd.
24

THE KEVIN BELL REPATRIATION TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
Accounting policies
(Continued)
1.5 Resources expended
Expenditure is recognised once the￿ is a legal or constrLÈCtive obligation to make a payment to a third
party, it is probable that settlement will be required and the amount of the obligation can be measured
reliably. Expenditure is classified under the following activity headings..
Charitable expenditure comprises those costs incurred by the charity in the delivery of it's activities
and services for its beneficiaries. It includes both cost5 that can be allocated directly to such
activities and those costs of an indirect nature necessary to support them.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure wa5 incurred.
1.6 Tanglble flxed assets
Tangible fixed assets are initially measured at Cost and subsequently measured at cost or valuation, net of
depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over
their useful lives on the following bases..
Fixtures and fittings
Computers
Motor vehicles
25% Reducing Balance
33% Straight Line
25% Straight Line
1.7 Flxed asset investments
Fixed asset investments are initially measured at transaction price excluding transaction costs, and are
subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net
income/lexpenditure) for the year. Transaction costs are expensed as incurred.
1.8 Impairment of fixed assets
At each reporting end date, the charity reviews the carrying amounts of its tsngible assets to determine
whether there is any indication that those assets have suffered an impairment loss. If any such indication
exist5, the recoverable amount of the asset is estimated in order to determine the extent of the impairment
loss {if any).
1.9 Cash and cash equlvalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-tem liquid
investments with original maturitie3 of three months or le55, and bank overdrJft5. Bank overdraft5 are shown
within borrowings in current liabilities.
25

THE KEVIN BELL REPATRIATION TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
Accounting policies
(Continued)
1.10 Financlal instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Settion 12
'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance Sheet when the charity be£ome5 party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on
a net basis or to ￿alise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances. are initially measU￿d at
transaction price including transaction costs and are subsequently carried at amortised cost using the
effective interest method unless the arrangement constitutes a financing transaction, where the transaction
is measured at the present value of the future receipt5 discounted at a market rate of interest. Financial
assets classified as receivable within one year are not amortised.
Basic financial liathlifyes
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price
unless the arrangement constitute5 a financing transaction, where the debt instrument is measured at the
present value of the future payments discounted at a market rate of interest. Financial liabilities classified
as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised c05t, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been aCqUi￿d in the ordinary course
of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within
one year or less. If not they are presented as non-current liabilities. Trade creditors are recognised initially
at transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilitie5
Financial liabilities are derecognised when the chartys contractual obligations expire or are discharged or
cancelled.
1.11 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's services
are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed
to terminate the employment of an employee or to provide termination benefits.
26

THE KEVIN BELL REPATRIATION TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
1.12 Retlrement benefit5
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
Crltlcal accountlng estimates and judgements
In the application of the charity's accounting policies, the trustees are Tequired to make judgements,
estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent
from other sources. The estimates and associated assumptions are based on historical experience and other
factors that are considered to be relevant, Actual results may differ from these estimates.
The estimate5 and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
There are no critical judgements in applying the group's accounting policies.
Donatlons and legacles
Unrestrlcted Unrestricted
funds
funds
2023
2022
Donations and gifts
2,495,417
1,652,041
Investments
Unrestrfcted Unrestricted
funds
fijnds
2023
2022
Income from listed investments
Interest receivable
11,791
261
8,148
12,052
8,148
27

THE KEVIN BELL REPATRIATION TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 37 AUGUST 2023
Unrestricted Unrestricted
Other Income
funds
funds
2023
2022
Net gain on disposal of tangible fixed assets
5.618
Other trading activities
The trading subsidiary of the charity KBRT trading Ltd is incorporated in the united Kingdom {company
number N1640236)
2023
2022
Turnover
8,607
19,683)
(8621
7,651
16,037)
11,630)
Cost of sales
Administrative expense5
Net ProfiVILoss}
11,9381
116)
Share capitsl and reserves
12.3251
116)
28

THE KEVIN BELL REPATRIATION TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR fHE YEAR ENDED 37 AUGUST 2023
Raising funds
2023
2022
Fundraising and publicity
Fundraising Expenses
746
Investment management
2,547
3,293
Charitable activities
Unrestrirted Unrestricted
Funds
2023
Funds
2022
Staff costs
Depreciation and impairment
Repatriation Expenses
Discretionary Contributions
Travel & Subsistence
InsLtrance
Office Expenses
Bank Charges
Legal and Professional Expenses
13,489
626
1,068,635
1000
44,049
1,702
7,681
3,907
1,708
10,166
6,238
969,243
4,100
22,792
1,247
8,609
3,272
1,143,797
1,025,607
Share of governance cost5 (see note 9)
6,000
6,000
1,149,797
1,031,667
29

THE KEVIN BELL REPATRIATION TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
Support costs
Support Governance
osts
costs
2023
Support Governance
costs
costs
2022
Audit fees
6,000
6,000
6,OiXJ
6,000
6,000
6,000
6,000
6,000
Analysed between
Charitable activities
6,000
6,000
6,000
6,000
Governance costs includes payments to the auditors of £6,OC%) (2022 - £6,000) for audtt fee5.
10 Trustees
None of the tnjstees {or any persons connected with them) received any remuneration or benefits from the
charity during the year12022.' £nill, neither were they reimbursed expenses during the year {2022: £nill.
11 Employees
The average monthly number of employees during the year was:
2023
Number
2022
Number
Employment Costs
2023
2022
Wages and salaries
Other pension costs
12,511
978
9,228
938
13,489
10,166
30

THE KEVIN BELL REPATRIATION TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 3 1 AUGUST 2023
12 Other gain5 or losses
Unrestricted Unrestricted
funds
funds
2023
2022
Foreign exchange gains
{35,$48)
114,2171
13 Tangible fixed assets {Group and Charlty)
Flxtur•$ •nd
frttlngs
Comput•rsMotor ¥•hl¢l•i
Totsl
Cost
At 1 September 2022
Additions
Disposals
8,532
715
22,239
27,750
122,2391
31,486
27,750
{22,239)
At 31 August 2023
8,532
715
27,750
36,997
Depreciation ¥nd impairment
At 1 September 2022
Depreciation charged in the year
Eliminated in respect of disposals
6,967
391
157
236
17,607
24,731
627
117,607)
(17,607)
At 31 August 2023
7,358
393
7,751
Carrying amount
At 31 August 2023
1,174
322
27,750
29,246
At 31 August 2022
1,565
558
4,631
6,754
31

THE KEVIN BELL REPATRIATION TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
14 Ftxed asset investments (Group and Charity)
Llsted
nvestments
Cost or valuatlon
At 1 September 2022
Valuation changes
1,550,270
9,244
At 31 August 2023
1,559,514
Carrylng amount
At 31 August 2023
1,559,514
At 31 August 2022
1,550,270
The fixed asset Investments at the year-end are held on deposit wlth tha bank.
15
Flnancial instruments
Group
2023
Charlty
2023
2022
2022
Fair value through profit or loss
Fixed asset investments
1,559,S14 1,550,270 1,559,514 1,550,270
1,559,514
1,550,270 1,559,514 1,550,270
Flnancial assets held at amortlsed cost
Cash at bank and in hand
3,956,435 2,595,521 3,940,960 2,579,890
33,914
33,914
Other debtors
3,956,439 2,595,525 3,974,874 2,613,804
Financial liabilttles held at amortlsed cost
Other creditors
21,468
24,452
21,468
24,452
21,468
24,452
21,468
24,452
32

THE KEVIN BELL REPATRIATION TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
16 Stock
2023
2022
Stock
16,110
17,892
There was no stock in the charity.
17 Debtor5
Amounts falling due within one year:
Group
2023 2022
Charity
2023
2022
Other debtors
Prepayments and a￿rUed income
33,914
365
33,914
375
365
375
369
379
34,279
34,289
18 Creditors: amounts falling due within one year
Group
2023
Charity
2023
2022
2022
Other taxation and social security
Other creditors
137
53
137
53
21,468
6,914
28,519
24,452 21,468 24,452
6,763
6,914
6,763
31,268 28,519 31.268
Accruals and deferred Income
19
Analysis of net assets between funds
Group
Unrestricted
Unrestrirted
Fund
Fund
2023
2022
Fund balance5 at 31 AugLJSt 2023 are represented by..
Tangible assets
Investments
29,246
1,559,514
3,944,395
5,533,155
6,754
1,550,270
2,582,524
4,139,S48
Current assetsllliabilities)
33

THE KEVIN BELL REPATRIATION TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
19 Analysis of net assets between funds
Charity
Unrestrirted un￿strICted
Fund
2023
Fund
2022
Fund balances at 31 August 2023 are represented by..
Tangible assets
Investments
Current assets/{liabilities)
29,246
1,559,514
3,946,720
6,754
1,550,270
2,582,911
5.535,480
4,139,935
20 Related party transactions
Transartions with related parties
During the year the charity entered into the following transactions with related parties..
The Kevin Bell Repatriation Trust entered into transactions Wlth the related party "KBRT Trading Ltd" At the
year end a balance of £33,214 12022 £33,214) was owed to The Kevin Bell Repatriation TrusL The Kevin Bell
Repatriation Trust owns and controls KBRT Trading Limited via shareholding in Trust.
21 Cash generated from operations
2023
2022
Surplus for the year
1,358,059
628,506
Adjustments for-
Investment income recogni5ed in ststement of financial activities
Foreign exchange differences
Gain on disposal of tangible fixed assets
Depreciation and impairment of tangible fixed assets
Movement on investments
12611
35,$48
15,618)
626
13381
14,217
6,238
15,2701
{9,244)
Movement5 in working capital:
Decreaselllncreasel in Stocks
Decreasellincreasel in debtors
IDecreasel/increase in creditors
Cash generated from operations
1,782
10
1,802
19481
1,375,762
646,005

THE KEVIN BELL REPATRIATION TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
22
Analysi5 of changes in net fund5
The charity had no debt during the year.
35