O'LAVERTY TRUST FINANCIAL STATEMENrs S APRIL 2023
O'Laverty TnJst 5 April 2023 co[ENrS PAGE General iDfoThualion Independent Examiners report Balance SILeet Settled fijnd account Income accouttt Notes on the accouuts Appendix I
O'Laverty Trust 5 April 2023 GENERAL INFOIiMATION SETTLOR Right Reverend James O'L&vety DATE OF SETTLEMENT DEED 1906 TRUSTEES Very Reverend Brian Daiy Very Reverend Thoma5 MCGI4 TRUST PROVISIONS The Setrlement provides that the Tn]5tees may make discretionary Pallents to or forthe benefit of beneficiaries who have the surname O'Laverty, Laverty, O'Lafferty or Laffety. Note.. the suttllnary Set out above 1$ intended Merely &$ an 2ide-memoire. For ally zllatters requttillg detailed consideration reference should be made to tbe relevant deed and ally relevant stabjtes. SOLICITORS N2pi¢r Solicitors 1-9 Castle Arcade Htgh Street BELFAST BTI 5DF INDEPENDENf EXAMINERS Baker Tilly Mooney Mo¢xe 17 Clarendon Road Clarendou Dock BELFAST BTI 3BG STOCKBROKERS Evelyll Partoers The Ewart 13th Floor, 3 Bedford Square BELFAST BT2 7EP
O'L2verty Trust 5 April 2023 BALANCE SItEET Page 2023 2022 ASSETS vesbnents 6(1) 302,359 271.783 Ca5b io hands of age]Lts 6(2) 10.937 48,937 313,296 320,720 LIABILITIES Napier & Sons Cullningham Coates Baker Tilly Mooney Moore 646 960 696 1.848 1,606 2.544 r4ET ASSETS 311.690 318,176 Repr&sellting: SErrLED FUlfD ACCOtJNr 223,506 223,506 INCOME ACCOtrNr - ac¢umulatio ttTr date 88.184 94,670 311,690 318,176 TRUSTEES: Very Rev. B. Daly Very Rev. Thom& McGlyntt
O'L2verty Trust 5 April 2023 REPORT OF THE tNDEPEDIDED4T EXAfjER TO THE TRusfEES OF O'LAVERTY TRUST We have reviewed the fjnallcial Ststeents for the year ended 5 April 2023 on pages three to siK. Respective rponSibUlt1es of charity Irustees and eXalDer As tbe charity's trjstees, you are responsible for the pr¢paration of the accouDts in accordance with the Chl11¢S Act INortbern lTrland) 2008. It is our respon5ibilÉty to: examille the accounts under section 65 of the Charities Act follow tbe procedure5 laid dowll in the general directions giveu by the CoDunission under 5ectiorA 65(9)(b) of the Charities Act state whetber particular matters have come to our attention. Basis of independent erdmiDer's T¢POrt We have exaEtLinedyour charity accounts as required under section 65 of the Chatities Aet and our eXa]llation w&5 cazried out in accordance witb the gener21 Directions given by the Qarity Con]missiott for Northern Ireland under section 65{9}(b) of tlke chltieS Act. Our examination included a review of the accountillg records kept by the c]wity and comparison of the accounts presented with tbose records. It aIso included consideration of ally UQU5ual items or disc105ures in the accounts, 8f£d seeking explanations from you as charity U5Eees concemillg tuy suth matters. Our To1¢ is to state whether any nlaterial matters have cowe to our attention giving us ce to believe: l. That aceouTÈting records were not kept iu ac¢ordance witb sectioll 63 of the cltieS Act 2. That the accouttts do not accord with those a¢¢ourLtitig record5 3. That the accoullts do not comply with the ac¢ounting requiremeuts of the Ch&ities Act 4. That tbere is fjjrtber informatiolllleeded for a proper ullderstaudiug of the accoullts to be r¢hed. Independent examiller's st*temellt We have completed our examiTAation and have no concerns in respect of the matters (l) to (4) listed above an(L tn connection with foLLowiELg the Directions of tbe Charity Commission for Northern trelauiL we have found no Jllatters that require drawing to your atteution. L,knfj i,ILI n(oy /b, Baker Tilly Mooney Moore Cb8rtered Certified Accouutants 17 Clarendon Road cendoll Dock Be]fast BTI 3BG Date..
O?Laverty TrusÉ 5 Apiil 2023 SETTLED FifND ACCoT Page 2023 2022 Bthnce at 6 April 2022 223.506 223.506 Balance at 5 April 2023 223.506 £223506
O'L*v¢rty Trst 5 April 2023 INCOME ACCOUNT Page 2023 2022 COME Interest Dividends RBS Litigation 677 12,072 14,588 319 ADLVIINtSTRATION EXPENSES 12.749 16,088 EveliTL Pzrtners Napier and Sons Baker Tilly Moolley Moore 2,600 2,520 960 2.860 2,520 936 6,080 6,316 6.669 9,772 Los5 on Share Diwsal (1,705) 43231 4.964 53.003 ACCUTrfULATIONS TO 5 APR 2022 99,634 106,570 DISTRIBUTIONS fr cLeS Lavety Mr Paul Laverty Mr Chtistopher LAverty Mr Brendan Laverty hfr Philip Lavety Mr DaDlly Laverty Mr Paul Lavety Mr Jobll Lavety Mr Vernon Laverty Mr Seall LAv¢rty Ms Christiue Deegan Mr Robert Laverty Mr Btiatt Lavety Nfr David Lav¢rty Ms Ci8ra Murrdy 750 I,200 1.000 600 1250 1,500 500 1.300 600 600 700 600 600 1,000 1,600 1.000 2.000 1,000 1.000 800 500 1,000 750 11.450 11.900 BALANCE AT 5 APIUL 2023 88,184 94.670
O'Laverty Trmst 5 April 2023 NOTES TO THE ACCOUNTS VALUATION OF ASSETS 2023 2022 tnvestsnents are valued LE 5.4.2001 pllls additions at cost Appendix I 302,359 271,783 CASH JN IIATr4DS OF AGEF4TS Napier & Sons {17) 1,801 Evelyn Partners 10.954 47,136 10.937 12,905
OPL2verty Tnost 5 April 2023 Appendix I ESTMENT PORTFOLIO Securi Nomanal Amount Book Value AMEC Aviva YJ]vestor5 BB Healthcare Tn]st BHP BiI]iton BNY Mellon Browll Advisory Smaller Co CF Woodford Equity lllcome Fund Feroll Fldelity EJropeall Trust FJL tnvesttuetLt Svcs G12xosmithkline Gre¢n¢oat Renewables Haleon HaLfords Group HtCL tDfrastruciure JLEN Envirollmeutsl Assets JP Morgan AtriCall Inve5truent Trnst JP Morgan Japanese tttvestment TnL8t Merch8nts Trust N&tional Grid PennoD Group Rio Tinto Ruffer Tnv¢strLentCo Scljroder Scottish & Southern Standard Chartered Bank Standard Life Tesco United Utilities UK Govt 250A 2025 UK Govt.1250/0 2024 Verizon CofjJmuDication5 Vodafone 1,000 6.000 12,000 420 16.380 210 15,000 50 4,650 14.000 700 10,000 875 1.000 7.000 iO,O(M) 2.950 800 2,550 900 1.140 loo 3,400 5.500 655 380 ijoo 4,250 950 10,700 10.350 148 3.070 3,050 9.342 10,369 14.600 6,874 20,062 5,092 1.875 2,168 15,255 14.213 9,895 IOJ42 2,298 2,040 10.389 10265 20.091 5,059 9,928 7271 7.696 2.784 10.162 15,070 7.582 5,567 4,982 13,609 7.459 10,069 10.061 3,516 6,488 9.886 £302,359