THE DUCALES CAPITAL CHARITABLE TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 The trn]stees present their i'eport and the unaudited financial statements of the charity for the yeai. elided 31 Mai'¢h 2024. THE TRUSTEII S The trustees who served the charity during the year and up to the date these financial statements wer¢ approved, were as follows.. T J Jennings CBE J D Jennings P W Jennings STRUCTItRE, GOVERNANCE AND MANAGII MENT The ti'ust is a registei'cd Lliai'ity in Norlhen) Ii'eland, niimber NIC 100575, aiid is coiistitut¢d iiiidei- a trust deed dated 25 Octobcr 2013. At truslec.%' Ineetings, the trustees agi'ee the broad sti'ategy and arcas of aLlivity foi. the trust, iiicludiiig considei'ation of grant makiiib,. Tli¢ trustees are also i'esponsible foi. the day to day administi'alion of gi'ants and other outgyoing5. New trustees may be dPPOiI)ted by the existing trustees at any time, biit so that the totiil number of ti-u8tees shal l at no time cxceed six. OBJEI CTIVES OF THE I'RUST The objects of the trust are to Conti'ibute to the advanceinent vf education, the arts, culture and heritage, and Inedical I'eseai'Lh, to providc a benefit to the community aiid to i'elieve poverty. These objects will be aohieved by Inaking grants and pi'oviding sponsoi'511ip. ACI'IVITifi,S, ACEttEVEMLNTS AND FINANCIAL IiEvrEw Grants inade by the trust during the year ar¢ as shown in ilie stdteinent of financial activities. The ti'ustees confiiin that they hav¢ i'eferi'ed to thc guidanLe contained in tli¢ Chai'ity Coininissionei's, general guidance on public bencfit when reviewing the trust's objectives and in planning futLire activitics and tlie grant maliing policy foi. the year. The balance held as unresti'icted funds at 31 March 2024 was £119,323 (2023.. £115,110). INDEPEI TrIDENT EXAMINER Michael Flannigan hils been re-appointed as independeiit exaininer for the ensiiTng year. Signed on behalf of the tisle 16 Talbot Sti'eet Saint Anne's Square Belfast BTI 2NF NNINGS CBE Chaii. of ti'ustees 20 May 2024
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