LORD O'NEILL'S CHARITABLE TRUST
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees presenttheir report and financialstatements of the charityforthe yearended 31 December
2023.
REFERENCE AND ADMINISTRATIVE D￿AlLs
Lord O'Neill's Charitable Trust registered with the Charity's Commission for Northern Ireland on
1 December 2015. The charity number is 100791. Its principle office and registered office is Clo
Cleaver Fulton Rankin Solicitors, 48-50 Bedford Street. Belfast. BT2 7FW.
The trustees which have held office since 1 January 2021 are as follows."
Lurd O'Neill
Shane O'Neill
Cleaver Futton Rankin Trustees Limited
OBJECTIVES AND ACTMTIES
The charity's purpose and public benofrts are as follows:
The Advancement of Religion
Lord O'Neill's Charitable Tnjst has given donations to a number of churches in Northem Ireland. The
direct benefits which flow from this purpose include the advan￿rnent ofthe Christian faith and the belief
in its principles in Northern Ireland by enabling the church to cary on its work of raising awareness and
understanding. The direct benefits are demonstrated through feedback obtained from the beneficiaries
and also regular evaluation of the effectiveness of the donations as carried out by the trustees. This
purpose does not lead to harm. The beneficiaries ofthis purpose are the congregation and membership
of those churches which have received donations from the Trust and in tum wider society. There is no
private benefit.
The Advancement of Health or the Saving of Lives and the Relief of Those in Need
The Trust has given donations to a number of charitable organisations which aim to improve healthcare
and also carry out research into a number of diseases which affect the public generally. The direct
benefits which flow from this purpose include improved health outcomes and better patient care for
thosè who are ill in Northem Ireland. The direct benefits are demonstrated through feedbaGk obtained
from the beneficiaries and also regular evaluation of the effectiveness of the donations as carried out
by the trustees. The purpose does not lead to harm. The beneficiaries of this purpose are charilies
which aim to improve healthcare and research into a number of diseases and in turn those people who
have been diagnosed with these diseases. This also provides a wider benefit to society. There is no
private benefit.
The Advancement of Environmental Protection or Improvement
The Trust has given donations to a number of charitable bodies Ihroughout Northern Ireland which aim
to protect and conserve the environment and promote awareness of the need to do so. The direct
benefits which flow from this purpose include the ability of these organisations to protect and conserve
the environment and promote sustainable development and the education of the public regarding
environmenlal issues. Tre direct benefits are demonstrated through feedback obtained from the
beneficiaries and also regular evaluation of the effectiveness of the donations as carried out by the
trustees. This purpose does not lead to harm. Tho beneficiaries ofthis purpose are those organisations
which have received donations from the Trust. This also provides a wider benefit to society. There is no
private benefit.

LORD O'NEILL'S CHARITABLE TRUST
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 (CONTINUED)
The Advancement of Citizenship or Community Development
The Trust has given donations to a number of charitable bodies throughout Northem Ireland which aim
to promote citizenship and volunteering among young people. The Trust has also given donations to
charitable bodies which aim to promote social inclusion. The direct benefits which flow from this purpose
include the ability of these organisations to extend their activities to further benefit the public and the
personal development ofthe people with whom they work. The direct benefits are demonstrated through
feedback obtained from the beneficiaries and also regular evaluation of the effectiveness of the
donations as carried out by the trustees. This purpose does not lead to harm. The beneficiaries of this
purpose are those organisations which have received donations from the Trust and their members. This
also provides a wider benefit to society. There is no private benefit.
Other Charitable Purposes
As stated above this is merely a cross-section of Ihe public benefit of the charitable purposes of Lord
O'Neill's Charitable Trust. Theses may change and develop over time as the trustees determine need
and relevance.
The trustees have considered the Charity Commission ft)r Northem Ireland's statutory guidance on
public benefit to ensure that the activities entered into during the year have furthered the Trust's
objectives, for the public benefit.
ACHIEVEMENTS AND PERFORMANCE
The main achievements in the year were charilable donations made totalling £4,100 (2022: £18,100).
Donations made supported 2 different organisations in line with the purposes of the charity as noted
above.
FINANCIAL REVIEW
The results for the year are set out on page 6 and show a surplus of £9,618 (2022.. deficit of £5,662).
Closing cash funds at 31 December 2023 were £17.05112022.. £7,433) with all other funds being held
as investments with the aim of generating sufficient income to support the objectives of the charity whilst
adding value to future investments.
RESERVES POLICY
At the year end unrestricted reserves totalled £708,160 (2022: £659,865).
The charity's policy is to retsin a level of unrestricted funds that are needed to provide funds which can
be applied to specific projects to be undertaken at short notice and to cover the running costs of the
charity for a limited period, should there be a significant shortfall in project income.
The Board's strategy is to continue to build reserves to ensure the charity's obligations are met and also
to build surpluses which can be reinvested in developing further Servi￿S. The charity will continue to
monitor compliance with this policy on a regular basis and the Board will review appropriateness of the
policy annually.
GOING CONCERN
We are satisfied that there are adequate funds in place to ensure that the Trust can continue its activities
and that the financial statements for the year ended 31 December 2023 can be prepared on a going
concern basis.

LORD O'NEILL'S CHARITABLE TRUST
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 (CONTINUED)
STRUCTURE, GOVERNANCE AND MANAGEMENT
The charity was originalty established under Deed of Trust dated 23 January 1969. The organisation
registered with the Charity Commission for Northem Ireland on 1 December 2015.
Lord O'Neil's Charitable Trust is govemed by a Board of Trustees which meets annually. Lord O'Neill
is permitted by the Trust Deed to appoint new or additional trustees. Members are assessed on the
basis of their area of interest and expertise and their willingness to support the objectives of the charity.
The trustees, report was approved by the trustees on .
30 10 2024
The Lord O'Neil
Trustee