Donibristle Ti'ust ort of tlie Ti'ustees foi- the Year Ended 30 .4 ril 2024 Tlie trustees wlio ai'L also directoi'b of th¥ chai'ity foi- tlie pus'poses of tlie Coiiipanies Act ?006, pi'esent tlieii. repoi'c With tlie financial statemeiits of the charity for tlie year ended 30 April 2024. The Iruslees have adopred tlie provisions of Accounting and Repoiling by Chai'ities: Statenient of Recominended Practice applicable to charities preparing tlieir accounts in accoi'daiice with the Finan¢ial Repoi'ling Standard applical)le in tlie UK and Repiiblic of Ireland (FRS 102) (eff¢ctive l Januaiy 2019). OBJECTIVES AND ACTIVITIES Objectives and aims Tlie coinpany's pui'poses al'e sei out iii the objecis conlaiiied in tlie coinpai)y's Memoi-anduiii of Association. The Trust was established for tlie advancement of the Evangelical Christian Faith, the advancernent of education, tlie I'elicf of poverty and tlie relief of siclcness. The doctrinal basis of the Trust is also set out in Ilie company's MenioraiiduiT) of Association. The in¢iiibei's of tlie Coinmittee confii-m tliat they liave referred to the giiidance coi)tained in the Charity Commission's genei'al guidaiice on public benefit when reviewing tlie Ti'ust's aims and objectives, in inaking decisions and in planning futui'e activities. The Trust cai-I'ie5 Out these objectives by pi'oviding finaiicial assistance and practical support to various charitable pi'ojects tlii'ougliout the year, as ivell as giving strategic, legal and business advices and training where required. Applications foi. grants niay be iiiade to the Ti-usi, and will be considei-ed by Ilie Coiiiinittee at theii. next sclieduled meetiiig. Tlie availabiliry of granis will depend on whether the application meets the obje¢tives and aims of the Ti'u5t. and ilie availability of appropriate funds. Tlie activities of ihe Ti'ust al'e reviewed on an annual basis to ensure that thcy I'eflect the eompany's objectives aiid ainis and that they advance publit benefit. ACFIIEVEI MENT AND PERFORMANCE Charitable activities The Ti'ust continued to provide financial assistance and sti'ategic advices to a niiimber of cliaritable projects tlii'ouglioul tlie yeai. on a global Scale. Financial suppoi-i and advices have been pi-ovided to cliai'itable pi'ojccts working to advancc tlic Cliristian faith and alleviate poverty and sickness in India, Bangladesli, Nepal, South Africa, Uganda, Burkina faso and Europe. A siiiall nuinbei- of gi'ants have also been Inade available to local chai-itable projects in Nortliern Ireland and the UK. lii total, grants of £181,545 wei-e made dui'ing the year. FINANCIAL REVIEW Financial position Tlie Ti-ust's woi'k is eiitii'ely i'el iant oli pei'50nal donation5, l-eluriis on investinenls and otliei. surplus incoine. Donaiions which have been given towards a Specific projeci are ii'eaEed a5 Restricted Fuiids and should only be util ised as designated. The Compciny suffei'ed a deficit of £?3.672 during the period. There was a balance in reserves at the end of the yeai- of £190,766, of wliich £61,265 al'e re5ti-icted funds. FUTURE PLANS Tlie meinbeis of tlie Cominittee wish to continue to fulfil the objectives and aims of the cornpany, subj ect to funding restraints. in pi'oviding financial assistaiice and practical suppoi't to variou5 cliaritable projects both locally hei'e in Northern Treland, in Europe and worldwide. Page I
Donibri5tle Ti-ust ort of the Trustees for the Year Ended 30 A ril 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is conti-olled by its goveining docuinent. a deed of trust, and constitutes a limited conipany, limited by guarantee. as defined by the Companies Act 2006. The Trust is a company limited by guai-aiitee. incoi'porated on 18th Apri12000. l'egislered with The Charity Coimmission for Noi'Lhern Ii'eland NICIOI 3 IJ, and I'ecognised as a chai'ity by HM Reveniie & Customs, reference number XR36105. The coinpany was established uiider a Meniorandutn of AssocialioT) whicli establishcd the objecis and powers of tlie company and 15 govei'ned undei. ils Articles of Association. The Trust was establislied by a Small iiuiiiber of members wishing to provide fiiiancial and strategic assislance to various charitable projects, primarily for the advancement of evangelical Christian faitli. the relief of poverty and the advanceiiienl of education. The Ti'ust does not actively fundraise, and See lo continue the charitable work dcsii'cd by donors thi'ough personal donations and the careful stewardsliip of its existing resources. The director5 of tlie company al'e also chai-ity trustees for the purposes of charity law and undcr the company's Ai'ticles of Association al'e knowii as Inenibei-s of tlie Maiiagement Cominittee. The Management Committee are responsible for tlie straiegic dii'ection aiid policy of the cliarity. New iiiembers are appointed to the Coinmittee by the existing Inembers at the Annual General Meeting. At eacli Annual Genei'al Meeting, one-thii'd of tlie meiiibei'5 of Ilie Coinii)itiee (oi. the iiuimber nearest to one tliii-d) shall relii'e from officc. The Members of the Cornmittee to i'etii'e sliall be tliose wlio liave been longest in office since Iheii- last election or appointmcnt. A i-etiring membcr of tlie Managemeni Committee is eligible for I'e-eleclion. Tlie Trust may from tinie to time in Gcneral Meeting iiicreasc or reduce tlie nuinbcr of meinbers of the Management Coinniittee and determine in what rotation such increased or I'cduced numbei. shall go out of office, and may IT]ake the appointnien15 necessaiy for effecting any siicli increase. Tlie Meiiibei-s of tlie Manageinent Committee Ineet (ooether froiii tiine to tiiiie, and at least once a yeai.. to agree the bi-oad strategy and areas of activity for the Trust, including considei'ation of grant making. investments, and use of reserves. Tlie day to day administi'ation of donations and gi'aiiis ivill be delegated to one of more Inembei's of tlie Coiiiniittee. All members of the Manag¢ment Coininittee (yive of their time and eipei'tise on a voluntai-y basis and receive no remuneration or beiiefits froni the cliarity. Members of the Coilliiiittee are also reqiiired to disclose all relevant interests and register them witli the Committee, and may be i-equii-ed to withdraw fi'om decisions Iwhere a conflict of intei'est arises. The Management Cominittee have conducted a review of the major I'isks to ivliicli the company is exposed and revTeiv those I'isks on an annual basis. Wliere appi'opi'iate, systems oi. procedui'e5 liave been established to mitigate the risks faced by ihe charity. The Manaueinent Comniittee consider Iliat the Inajor operational risk is tliat funds are allocated appi-opriately and in l ine ivith the ivi5hes of donors. Sti'ong internal financial and opci'ational controls are in place to nianage this risk. REFEREP4CE AND ADMINISTRATIVE DETAILS Registered Company number N1038400 (Northern Ireland) Registered Charity number 101313 Page 2
Donibristle 1.rust ort of tl)e Trustees for tlie Yeai. Elided 30 A ri l ?024 Registered office Garvey Studios 8-1 O Longstone Street Lisburn Aiiiriin BT28 ITP Trustee.$ IJ Maccoi'kel I Mi's HVS MacCork¢ll Mrs CV Jenkins CV Maccorkell Company Secrctary Mi's CV Jenkins Independent Examiner ASC Wylie UBU Ltd Qualified Accountant5, Tax & Business Advisoi's 7 Lisburn Streei Royal Hillsboi'ough Co. Down BT26 6AB Appi'oved by ordei. of tlie board of trustees on ..IL ...Jao ..2().2S.. and signed on its behalf by: 1 kJeO Mi's CV J ins Secretaiy Page 3