REGISTERED COMPANY NUMBER: N1038400 (Northern Ireland) REGlS'fbRED CHAIUTY F4UMBER: 101313 Re on of ihe Trustees and Unaudited Financial Statements for the Year Ended JO A ril 202i for Donibristle TTUSt ASC Wylie UBU Ltd Qualified ACcountlts. Tax & Business Advisors 7 Lisburn Street Royal Hillsborough Co. Down BT26 6AB
Donibrisrle TriisT Contents of the Financial Statements for the Year Ended JO A ril 2023 Page Report of the Trustees Independent Examiner's Keport Statement of Financial Activities Batance Sheet Notes to the Financial Stalements Detailed Statement of FTI)ancial Activities 12
Donibristle TrLlSt Re ort of tlie Truslees for the Year Ended JO A ril ?023 The trustees who are also directors of the charity for the purposes of the Compaiiies Act 2006. present theii report witli the financial statements of the charity for the year ended JO April ?023. The trustees have adopted the provisions of Accountino and Reporting by Charities= Statefflent of Recominended Practice applicable to charities pi-eparing tlieir accounts in accordance iyith the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 10?) (effective l January 2019). OBJECTIVES AND ACTIVITIES Objeetives and gims The coiiipany's purposes are set out Tn the objects contained in the conipany's Memoranduni of Association. The Trust was established for the advaneement of the Evangelical Christian Faith, the advancement of cduration. thc Iclicf of povcrty and thc rclicf of siekncss. The doctrinal basis of the Trust is also set out IEI the company's Memorandum of A550ciation. Th¢ members of the Committee conftrni that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Trust's ainis and objectives, in Inaking decisions and in planning future aclivtties. The Trt15t carries out these objectives by. providing financial a5SiStance and practical siipport to various charitable projects throughoul the year. as well as giving strategi¢. legal and business advices and IraininL7 where requiied. Application5 for grants may be madc to th¢ Trust, and will be ¢on3idcrcd by the Committee ol their nekt scheduled meeting. The availability of grants will depend on whether the application nieets the objectives and ainis of the TTUSL and the availability of appropriate funds. The activities of the Trust are reviewed on an annual b&sis to ensure that they reflect the coinpanvs objectives and aims and that they advance public benefit. ACHIEVEMEE+rr AND PERFORMANCE Charitable activitics The Trust continued to provide financial assistance and strategic advices to a number of charitable projects throughout the year on a ulobal scale. Financial support and advices have been provided to charitable projects working to advance the Christian faith and alleviate poverty and sickness in India, Banglade5]L Nepal. South Africa, Uganda. Burkina Faso and Europe. A Small number of grants have also been made available to local charitable project5 in Northern Ireland and the UK. lii total. grants of £183.4J4 were made during tlie year. FINANCIAL REVIEW Financial position The Trust's work is entirely reliant on personal donations. returns on inve5lments and other surplus income. Doiiations which have been given towards a specific project are treated as Restricted Funds and should only be utilised as designated. The company made a deficit of £41,987 during the period. There ivas a balance in reserve5 at the end of the year of £214,438. of which £82.355 are restricted funds FUTURE PLANS The niembers of the Committee wish to continue to fulfil the objectives and ainis of the CoMp]y, Slibject to funding Testraints. in providing financial assistance and practical support to various charitable projects both locally here sn Northern Ireland. in Europe and worldwide. Page I
Donibristle Triist ort of the Truslees for the Year Ended JO A ril 2023 STRUCTURE, GOVERNANCE AND MANAGEMENT Governinu doeument The charity is controlled by its goveming document, a deed of trust, and constitutes a limited conipany. limited by guarantee. a5 defiiied by the Cornpanies Act 2006. The Trust is a company limited by guarantee. incorporated on 18th April 2000, registered with The Charity Commission for Northern Ireland NICIOI i13: and recognised as a charity by HM Revenue & Cu5tonis. reference number XRJ6105. The company was esthblished under a Memoianduin of A559ciation which established the objects and powers of the company and 15 governed under its Articles of Association. The Trust was e5tablislied by a small number of members wishirkg to provide financial and strategic a5SiStance to various charitable project5: primarily for the advancement of evangelical Christian faitli. the relief of poverty and the advancement of educalion_ The Trust does not actively fundraise. and seeks to continue the charitable work desired by donors through personal donations and the careful stewardship of its existing resources. The directors of the company are also charity trustees for the purposes of charity law and under the company's Articles of A5SOClation are known A% memhers nf the Manageinent Committee. The Management Committee are responsible for the strategic direction and policy of tlie charity. New meinber5 are appointed to the Comrnittee by ihe existing members at the Annual Generat Meetino At each Annual Geiieral Meeling, one-third (Trf the memhers of the Committee (or the number nearest lo one third) shall retire from office. The Meinbers of the Coinmittee lo retire shall be ihose who have been longest in otrice since their last election or appointment. A retiring member of the Management Committee is eligible for re-election. The Trust may from time to time in General Meeting increase or reduce the number of niembers of the Management Commiltee and deterniine in what rotation such increased or Teduced number shall go Dut of office, and may make the appointments necessary for effectino any such inciease. The Meinbers of the Management Committee meet together from tinie to tiine, and at least once a year, to agree the broad strategy and areas of activity for the Trusl, including consideration ol Jant making, investments, and use of reserves. The day io day administration of donations and grants will be delegated to one of morc members of the Committee. All meinbers of the Managemenl Comn]ittee give of their time and expertise on a voluntary basis aiid receive no remuneration or benefits froni the charity. Members of the Committee are also required to disclose all relevant interests and register them with the Committee, and may be required to withdraw from decisions where a conflict of interest arises. The Management Committee have conducted a review of the major risks to ivliicli the conipany is exposed nd review those risks on an annual basis. Where appropriate, systems or procedures have been established to tnitigate the iisks faced by the charity. The Management Committee CODsider that the major operational risk is that funds are allocated appropriately and in line with the wishes of doiiors. Strontr internal financial and operational controls are in place to manage this risk. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number N1038400 (Northern Ireland) Registered Charity number 101313 Page 2
Donibristle Triist ort of the Trustees for the Year Ended 30 A ril ?023 Registered office Garvey Studios 8-1 O Longstone Street Lisburn Antrini BT28 ITP Trustees IJ Maccorkell Mrs HVS Maccorkell Mrs CV Jenkins CV Maccorkell Company Secretary Mrs CV Jenkins IMdepend(*nt Rxxminer ASC Wylie UBU Ltd Qiialified Accountants. Tax & Business Advisors 7 Li5burn Street Royal Hillsborough Co. Down B T26 6AB Approved by order of the board of trustees on .. and signed on its behalf by: Mrs CV Ins - Secretary Page 3
Inde ndent Examinerfs Re Donibristle Trust I report on the accounts of the company for the year ended 30 April 202J. which are set oiit on pages five to eleven. ort to the Trustees of Respective respon5ibilitie5 of charity trusttts and examiner As the charity's trustees (and also the directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the charity is not subject to audit undeT COH]pany law and is eligible for independent examinatlon, it is my responsibility lo= examiiie the accounts under Section 65 of the Charities Acr follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under Section 65(9Xb) of the Charities Act stale whether particular matters have come lo iny attention. Basis of the independent *.Y#miner's report I have examined your charity accounts as required under Section 6) of the Charities Act and my examination was carried out in accordance with the (reneral Direction5 given by the Charity Coinmission for Northern Irelaiid under SectTon 65(9)(b) of the Charitie5 Act. The examinalion included a revieiv of the accountiiig records kept by the charity and a Comparison of the accounts presented with those records. It also included coiisideration of any unusual items or disclosures in the accouAts. and seeking explanations from you as chariry Irusiees CQllC¥llliTI& diiy suGli matt¢r3. My role is to state whether any material matters have come to niy attention giving me cause to believe.. That accounting records were noi kepi in aCCoance with Section i86 of the Companies Act 2006 That the accounts do not accord with those accounting records That the accounts do not comply with the accountinu requiremenis of Section 396 of the Cuinpaiiies Act 2006 and with the methods and principles of the Charitie5 Statement of Recoiniiiended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland That there is further infotmation needed for a proper understanding of the accounts to be reached. Independent examiner's stalement I have Completed my eyamination and have no concerns in respect of the matters (l ) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland. I have found no niatters that require drawing to your attention. Mr ASC Wylie FCA ASC Wylie UBU Ltd Qualified Accountants, Tax & Business Advisors 7 Li5burn Street Royal Hillsborough Co. Down BT26 6AB Date.. Page 4
Donibristle Trust Statement of Financial Activitie5 for the Year Ended 30 A ril 202i 2022 Total funds Unrestricted Re%tricted fund fund Total funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 137,498 137,498 251.350 Enve5tment income li,226 li,226 13,751 Total 150.724 150.724 26i,101 EXPENDITURE ON Charitable aetivities Support Costs Management & governance costs Direct charitable activity 1,405 965 303,510 3.103 189,608 189.608 Total 192.711 192.711 305,880 NET INCOMEI(EXPKNDITURE) (41,987) (41,987) (40.779) RECONCILIATION OF FUNDS Total funds brought forward 256.42) 256.425 297.?04 'I'O'I"AL FUNDS CARRIED VORWARD 214.438 214,4)8 256,425 The notes form part of these financial statements Page 5
Donibristle Triist Balance Sheet 30 A ril 2023 2023 Total funds Unrestricted Restricted fund fuThd Totsl funds Notes FIXYD ASSETS Tangible assets Invesiment property 68.050 50.250 68,050 50.250 68.050 50.250 118,300 118.300 118,300 CURRENT ASSETS Dcbtors Cash at bank 7.929 7.929 89.209 34.307 105,141 97.138 97,138 139.448 CREDITORS Aiiiounts talling due wiihln one year (1.000) (1.000) (1_3?.1) NET CURRENT ASSETS 96.li8 96,138 li8.125 TOTAL ASSETS LESS CURRETrTr LIABILITIES 214,438 214.438 256,425 NET ASSETS 214,4J8 214,4)8 256.425 FUNDS Unrestricted funds 214.438 256.425 TOTAL FUNDS 214.4)8 256,425 The charitable company 15 entitled to exemption from audil under Section 477 of the Companies Act 2006 for the year ended 30 April 2023. The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance With Section 476 of the Companies Act 2006. The trustee5 acknowledge their responsibilities for (a) ensuring that the chaTitable coinpany keeps accounting records that comply wirh Sectioiis 386 and 387 of the Companies Act 2006 and (b) preparing financial atemellts which give a true and fair view of the state of affair5 of the charitable company as at the end of each fTnancial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply witli the requirements of the Companies Act 2006 relating to financial Statements. so far as applicable to the haritable Gompany. The noies forni pan of ihese financtal stalernents Page 6 continued...
Donibristle Trust Balance Sheet - continued 30 A ril 2023 These financial 5tatemenis have been prepared in accordance with the provisions applicable to charitable compaiiies subject to ihe siiiall companies retsime. The financial statements were approved by the Board of Trustees and authorised for Issue on and were signed on its behalf by: Cvje Trustee The nole5 form part of these fjnanctal statements Page 7
Donibristle Trust Notes to the Financial Statements for the Year Ended 30 A ril 2023 ACCOUNTING POLICIES Basis of preparing the financ501 statements The financial statements of the charilable company. which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 Irelaiid (FRS 102) (effective l January 2019),. Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Conipanies Act 2006. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement lo the funds. it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there i5 a legal or constructive obligation Ottkmitting thc charity to that expenditur?, Tt is probable that 2 transfer of economic benefit.5 will be required in settlernent and the amount of the obligation can be measured reliably. Bxpenditure is accounted for on an accrua15 basis and has been cl&ssified under heading5 that aggreLTate all cost ielaied to the category. Where costs cannot bc directly attributed to particular headings tliey have been allocated to activitie5 on a basis consisrent with the use of resources. Grants offered Subject to conditions which have not b¢cn at tlie year end date are notcd as commitment but nol accrued as expenditure. Tangible red assets Depreciation is provided at the following annual rates in Order to write off each asset over its estimated useful life. Investment property Investment property is shown at inost recent valuation. Any aggregate surplus or deficit arisiiig from changes in fair value is recognised in the Statement of Financial Activities. T2xation The charity is exempt from corporation tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the ChItable objectives at the discretion of the trustees. Reslricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donoT or when funds are raised for panicular re5triGted purposes. Further explanation of the nature and purpose of eacli nd is included in the notes to the financial statements. Page 8 coiitinued...
Donibristle Trust Notes to the Financial Statements - continued for the Year Ended 30 A ril ?023 INVESTMENT INCOME 20?3 2022 Rents received Interest receivable - trading li,226 13,494 257 13.226 13,751 NET INCOMEI(EXPENDITURE) Net incomd(expenditure) is stated after chaFgingl(crediting): 2023 2022 Lxgal & professional 432 89 TRUSTEES, REMUNERATION AND BENEFITS There were T]0 trustees, rernunerntion or other benefit5 for the year ended io April 2023 nor for the year ended JO April ?02? Trustees, expenses There were no trustees, expenses paid for the year ended io April 202J nor for the year ended 30 AprÉl 2022. TANGIBLE FIXED ASSETS Freehold property COST At l May 2022 and 30 April ?023 68.050 NET BOOK VALUE At 30 ApriE 2023 68,050 At 30 April 2022 68.050 Page 9 continued...
Donibristl¢ Trust Notes to the Financial Statements - continued for ihe Year Ended 30 A ril 2023 Ir4VESTMEf4T PROPERTY FAIR VALUE Al l May 2022 and io April 2023 50,250 NET BOOK VALUE At 30 April 2023 50,250 At 30 April 2022 50.250 DEDTORS: AMOUNTS FALLINC DUE WITHIN ONE YEAR 2023 2022 Other debtors 7,929 34,307 CREDITORS: AMOUN'I'b VALLINts VUE WI"I"HUY OIYE YEAR 2023 202? Other creditors Accruals and deferred income 322 I,ooi 1,000 1.000 1.323 MOVEMENT IN FUNDS Specifie Funds Cenpr21 Funds Total Funds At I st May 2022 Movement durin(y the year SuFplusl(Deficit) during the year 74.372 7,983 182,053 (7,983) (41.987) 256.425 (41,987) At 30th April 2023 82.355 132,083 214,438 Page 10 conliiiued..
Donibristle Trust Notes to the Financial Statements - eontinued for the Year Ended JO A ril 20?3 10. RELATED PARTY DISCLOSURES There were no related paty transactions for the year ended JO April ?0?" Page 11
Donibrisrl¢ Trust Detailed Staternenl of Financial Activities for rhe Yeat Ended 30 A ril 2023 2022 INCOME AND ENDOWMEiYrs Dongtions and leg2eies Donations Gift Aid 130,877 6.621 240.847 10,503 137,498 251.350 Investment income Rents received Iiiteiest i¢G¢ivabl¢ tiadiirg 13,226 13,494 2)-1 13.226 13.751 Total incoming resource5 150,724 265.101 EXPENDITURE Charitable activities Donations 18i,4i4 303,510 Support Costs M8nagement Postage and stationery Sundries Travel Bank int¢l"C5t 18 5.393 22 151 390 5.795 581 Finance Training 2,036 824 GovernAnce c05t5 Legal & professional Accountancy and legal fees 4i2 1.014 89 876 1,446 965 Total resources expended 192.711 305.880 Net expenditure (41,987) (40,779) This page does not form part of the statutory financial 5tatenients Page 12