Unaudited Financial Statements Robert James Coulter Deceased Trust For the year ended 30 June 2023
Robert James Coulter Deceased Trust Contents Page Reference and administrative detalls of the Trust, its Trusteos and advisers Trustee's rgport Independent examiner's report statement of financial activities Balance sheet Notes to the financial staternents 9-15
Robert James Coulter Deceased Trust Reference and administrative details of the Trust. Its Trustees and advisers For the year ended 30 June 2023 Trusteos Cleaver Fulton Rankin Tiustees Limited Charity rggistered number 100774 Principal officè Cleavei Fulton Ratthin Tn]stees LAmited 50 Bedlord Street Bclfast BT2 7FKV A¢¢ountants Grant Thornton (ND LLP CharteIed tlccountant5 12- 15 Donegall Square West BelfAst BTI 6JH Bankers Danske BAnk Donegall Square Ivest Belfast BTI 6JH Pe1
Robert James Coulter Deceased Trust Trustee's report For the year ended 30 June 2023 Tlie Trustee present their annual report togetlier ivith the financial stAtements of die Trust for tlie l Jul}r 2022 to 30 Jiinc 2023. ie c112rity iegistration number is 100774 and tlie ieEiSteied office is 50 Bedford Stseet. Bellast. BT2 7NV. Objectives and activities a. Pollcles and objectlves Tlie objectiire ol the T$t is to proiFide income toivard5 die upkeep and maintenance of Nvt0v8ra5 Psllisli Churcl). b. Maln actlvltles undertaken to further the Trust's purposes for the public benefit Tlic Truse5 piirp05C 15 to mAnAgc invc5tmcnts and to pay the net income generated from the sl)are portfolio to Neivtoivnards Pxrisl) Cl)uich. Tlic direct bcncfit5 Ivliicli tloiv from diis PiiLP05C IS tlie fthaocial asststAnce toivards die maitltenance Trnd upkeep of tlie Churcl), sucli beiiefit is evenCed tlirougli feedback. froni tlic Cliurcl). Tl)e intended benefici2ries are Neivtoivnlrds l)arislJ Churcli. Achievements and performance a. Review of aclivitiès Tlicrc IiA5 bccn no change in dic Activities of the trnst during tlie year. b. Investment policy and performance ie trLiStee ininiges tlie slii¢ re porfolio And p1}S the net incomc gencrated from thit portEolfio to the c171rit1ble bcncficiTrr)T nlled in tlie ivill of die late Robert James Coulter ivlio thed on 13 h.141rcli 1964, natnel), tlie Neivtoivn¢lrds Parisli Cliurcl). Tlie Treasurer of die Churcl) applies the income Eor the maintenAnce upkeep 06 die Cliurch. Page 2
Robert James Coulter Deceased Trust Trustee's report (contlnued) For the year ended 30 June 2023 Financial tevieiv During tlie year thc trust made a loss of £1393 (2022_ £6,431). At thc end of die ycar the Trust liad net assets of £45,392 (2022 - £47,785). a. Reserves poliey The Trust liolds reserves suEficient to meet the day to day requirements of operations. b. Going concorn After making appropiiAte enquiries. the trustees have a reasonable expectation that tlie ttust lias adequate resources to conttnue in operational cxi5tcnce for the foIeseeable ture. For this iea50n tlieiw continue to adopt the going concein bRsis in preping die financial Statements. Further details rewding the adopuon of tl)e going concern basis can be £ound in dle Accovntit]g Po]iaes. Structiire> govemance and management a. Constitution Tlie principal object of the trust is to provide income toivards the maintengnce and upkeep of NVt0vnaId5 Parisli Cliurcli. T1]e h*ve been no changes in the objectives since the Jast annual report. b. Method5 of appointment or election of Trustee The miinagement OF the trust is the responsibility 0£ the Trnstee ivlio 2re elected and co-optcd under tlie terms OF the Ivill. Cleaver Fulton Rankin Trustees Limited ivA5 thc 501c trustcc, sdso thc Govcrning Trustee. of the Trust duiing die cwrent and prioI )pear. Tlic ditcctors of Cleavei Fulton Rankin Ttttee$ LAmited are: K l. Blair J Forrester l K G Graliam PwJe 3
Robert James Coulter Deceased Trust Trustee's report (continued) For the year ended 30 June 2023 statenignt of Trustee's responsibilities The Trustee is responsiblc for picp2ring die Trnstee's report and dic fiThancial st&teLnents in ccord14 nce ivitli applicablc IAIV and United Kingdom ilccounting Standards (United Kingdom Generally Accepted AccouThtin Practice . Tlic laiv applicable to charities iii NoiLiiexii IirlxIid tc4Uites dic Tiubtcc tu prcparc financial srArcmcnrs for eacli fth41nci411 ivliicli giiTC true and fair vithv of the state of affair5 of die Tiust 2nd of its incoming resources &lnd 1pplication of resources, including its illcome and expenditu for tliat period. In preparing tliese finnciAl statements, the Tru5tcc arc Iequired to: select suitible accounting policies and then appl}T tliem con515tcndy' observe the mediods and piinciples of die Cli3rities SORP (FRS 102). mike judgements And accountÈng cstimates diit kre reasonabk ind ptudcnt. state ivlicdier qpplicable UK Accounting SMndArds (FRS 102) 1)ave been folloived, subject to Any niAtetiRI dcpi2rturc5 disc105ed and e.¥plained in tlie financial statements- prepiire tlic fmancial statements on the going conccrn basi5 unless it Is appropriate to presume tliat die Trust ivill continuc in busine55. TEie Trustee is responsible for kecplng adcquate Accounting records tliat Arc sufficient to slioiv 2nd expliin tlie Tiust's ts24 nsacuons and disclose ividi reasonablc accuiAc)T at any time tlie fin2ncial position of tlie Tiiist and enable diem to ensure tliat tlic finAncial stAtements coinply ivitli tlie Ch2tities Act (Nortlicrn Ireland) 2008, tlie Cliiiities (Accounts and Reports) RegulAtions (Nortliern Ireland) 2015 and tlie provisions of tlie Trust deed. TIIc}T arc a150 iespon5iblc lor s2fegu2rding the assct5 of thc Tn]st and hence for taking reasonablc stCP5 for the pievention and detection ol Fraud otlier irIegu12rities. Appioired by order OF the members of the board ofTrnstce on 29 Apiil 2024 and signed on tlieir behalf by.. Cleavct Fiiltoti (rrusree) nkin Triistees LAmited P484