Donibristle Triist ort of tlie Trustees for the Year Ended io A ril ?023 The trustees who are also directors of ihe charity for the purposes of the Companies Act 2006. present their report witli tlie financial statements of the charity foi the year ended JO April 2023. The trustees have adopted the provisions of Accountino and Reporting by Charitie5= Statement of Recominended Practice applicable to charilies pi'epaiing tl)eii accounts in accordance iyiih the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). 0ECTIVEs AND ACTivrrIES Objectives and aims The conipany's purpose.s are set out in the objects contained in the company's Memoranduni of Association. The Trust was established for the advaneement of ihe Evangelical Christian Faith, the advaiicement of cducation. th¢ Iclief of povrily the relief of sickness. The docrrinal basis of the Trusl is also set out in the company's Mernoranduni of Associatioii. The members of the Committee confirm 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 activities. The TrLlSt carries out these objectives by.providing financial assistance and practical support to various charitable projects throughout the year. as well as giving strategic. legal and busTne5s advices and training where required. Applications for grants may be tnadc to th¢ Trust. and will be considcrcd by thc Committee at their next scheduled meeting. The availability of grants will depend on whether the application meets the objectives and ainis of the Trust. and the availability of appropriate fuiids. Tlie activities of the Trust are reviewed on an annual basis to ensure that they reflect the company's objeetives and aiins and that they advance public benefit. ACHIEVEMEf4T AND PERFORMANCE Charitable 2Ctivities The Trust continued to provide financial assistance and strategic advices to a number of charitable projects throughout the year on a global scale. Financial support and advice5 have been provided to charitable project5 workinLr to advance ilie Christian faith and alleviate poverty and sickness in India, Banoladesh, Nepal. South Afric4 Ugand4 Burkina Faso and Europe. A small number of grants have also been made available to local charitable projects in Northern Ireland and the UK. Iii total. oraiits of £183,4J4 were made during tlie year. FINANCIAL REVIEW Financial position The Trusvs work is entirely reliant on personal donations. returns on inve51ments and other Surplus income. Doiiations which have been given lowards a specific project are treated as Restricted Funds and should only be utilised as designated. The cornpany made a deficit of £41.987 during the period. There was 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 Conimittee wish to continue to tulfil the objectives and ainis of the company, subject to ruiidiii¥ r¥s(rdints. in providing financial assisiance and practical support to various charitable projects both locally here in Northern Ireland, in Europe and worldwide. Page I
Donibristle Tr115t ort of the Trustees for the Year Ended JO A ril 2023 STRucfuRE. GOVERNANCE AND MANAGEMENT Governinlr document The charity is controlled by its ooverning document, a deed of trust: and constitutes a limited coiiipany, limited by guarantee, as defined by the Companies Act 2006. The Trust is a company limited by guardntee. incorporated on 18th April 2000, registered with The Charity Commission for North¢rii Ireland NICIOI J13: and recognised as a charity by HM Revenue & Ciisto¥ns. reference number XRi6105. The company was established under a Memoranduin of Associatioii which established the objects and powers of the company and is governed under its Articles of Association. The Trust was established by a small number of members wishing to provide financial and strategic assistance to various charitable projects, primarily for the advancement of evangelical Christian faitli, the relief of poverty and the advancement of education_ 'l-he .1 rust does no( acdvely fundrai5C. iiiid scek5 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 trustee5 for the piirposes of charity law and under the company's Articles of A550ciation are known as members of ihe Manageinent Committee. The Management Committee are responsible for the strategic direction and policy of tlie charity. New meillbers are appoinled to the Cofflmittee by the existing members at the Annual General Meeting. At each Annual Geiieral Meetin& oiie-third nf thc rnembers of the Committee (or the number ne3rp_sl tn one third) shall retlTe from office. The Members of the Coinmittee lo retire shall be those who have been longest in office since their last election o appointment. A retiring mernber 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 members of the Manageinent Committee and determine in ivhat rotation such incre&sed or reduced nuinber shall go out of office. and may make Ihe appoiniment5 for cffectffitlg any such increase. The Members of the Managemeni Committee meet togetheT from time to tiine. and at least once a year, to aLvree the broad strategy and areas of aclivity for the TnBL including consideiation of grant inaking. investments, and use of reserves. The day to day administration of donations and grants will be delegated to one of more mernbers of the Committee. All meinbers of the ManageTnent Committee give of their time and expertise on a voluntary basts and receive no remuneration 01 benefits froni the charity. Members of the Comniittee are also required to disclose all relevant interests and recvisier them with the Committee, and may be required to withdraw from decisions where a conflict of interesl arises. The Managenient Committee have conducted a review of the inajor risks to i¥liicli the conipany 15 exposed and review those risks on an annual basis. Where appropriate: systems or procedures have been established to mitigate the risks faced by the charity. The Management Conifflittee consider that the major operational risk- is that funds are allocated appropriately and in line with the wishes of doiiors. Strong internal financial and operational controls are in place to manage this risk. REFERENCE AND ADMINISTRATIVE DETAIts Registered Company number N1038400 (Northern Ireland) Registered Charity number 101313 Page 2
Donibristle Trust rt of Ihe Trustees for the Year Ended 30 A ril 2023 Registered office Garvey Studios 8-1 O Longstone Street Lisburii Antrini BT28 ITP Trustees IJ MaGCorkell Mrs HVS Maccorkell Mrs CV Jenk"in5 CV Maccorkell Company Secretary Mrs CV Jenkins Independent Examiner ASC Wylie UBU Ltd Qualified AccountaThts, Tax & Business Advisors 7 1.iqhuin Street Royal Hillsborough Co. Down B T26 6AB Approved by order of the board of trustees on .. and signed on it5 behalf by: Mrs CV Ins - Secretary Yage J