PRS
Patton Rainey I
Stenson Limited
CHAR TERED ACCOUNTANTS
& REGISTERED AUDITOFtS
REGISTERED COMPANY NUMBER: N1031773 (Northern Ire19nd}
REGISTERED CHARITY NUMBER: 101352
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
FOR
OPEN HOUSE TRUST LIMrrED
Patton Rainey Stenson Limited
Chartered Accountants
6 East Bridge Street
Enniskillen
Co. Fernianagh
B T74 7BT
CHARTERED
ACCOUNTANTS
IRELAND
Chartered
Tax Advisers
Flegisiered 10 carry out audit work and regulaied for a range ol investment business
aclivilie5 in the United Kingdom by the Inslitule ol Chartefed Accountants in Ireland

OPEN HOUSE TRUST LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 DECEMBER 2023
Page
Report of the Trustees
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
6 to 10
Detailed Statement of Financial Activities

OPEN HOUSE TRUST LIMITED
REPORT OF THE TRUSTEES
for the Year Ended 31 DECEMBER 2023
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with th,
financial statements of the charity foi the year ended 31 December 2023. The trustees have adopted the provisions of Accountin,,
and Reporting by Charities- Statement of Recommended Practice applicable to charities preparing their accounts in accordanci
with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The principal objectives of Open House Trust Limited as set out in its Articles of Association are "for the advancement of th,
Christian Religion and the advancem¢nt of education and medical knowledge and research
In particul￿ the Trust was set up to
- make monetary gifts fo Missionaries, Evangelists, Christian organisations and others engaged in any way in the propagation of th,
Gospel of the Lord Jesus Christ.
- make monetary gifts in fitherance of the objects of the Trust.
The Trustees seek to ensure that the Public benefit requirement is considered and Open House Trust Limited facilitates th
advancement of the Christian ReligioTh in Ireland and elsewhere and having due regard to the Charity Commission guidance 01
public benefit.
ACHIEVEMENT AND PERFORMANCE
The Trustees meet quarterly during the year and at each meeting decide on the amount of grants to be made to missionar
organisations and individuals. In the year ended 31 December 2023 a total of £178,500 (2022: £175,520) was distributed t,
missionary organisation5 Wlth the largest being gifted to Stauros and this amounted to £42,000. (2022 Stauros: £42,000)
FINANCIAL REVIEW
Financial position
The results for the year ended 31 December 2023 are set out on pages 4 and 5 of the fmancial statements. The total income for th
year for the year ended 31 December 2023 amounted to £292,721 (2022 £257,911). The rnajority of the income in both year5 wa
rent received which amounts to £251.434 in 2023 (2022 £235,884). The main expenditure on Charitable Activities relates to th
grants distributed which amounted to £178,500 in the year ended 31 December 2023 (2022 £175,520).
The Charity's cash at bank increased from £177.706 at 31 December 2022 to £287,985 at 31 December 2023.
Going concern
After making appropriate enquiries, the trustees have a reasonable expectation that the Charity has adequale resources to continu
in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing th
fmancial statements. Further details regarding the adoption of the going concern can be found in the Accounting Policies.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The charity is controlled by its governing document. a Memorandum and Articles of Association, and constitutes a limite
company, limited by guarantee, as defined by the Companies Act 2006. The company was incorporated on 17 December 1996 an
registered with the Charity Commission for Northern Ireland on 10 April 2015.
Trustees
The managetnent and administration of the charity is the responsibility of the Trustees. All of the Trustees have served during th
financial year ended 31 December 2023 and up to the date of appointment of the the financial statements. In accordance with th
Articles of Association T Eakins and F Charters will retire at the forthcoming Annual General Meeting and will be eligible for re
election.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
N1031773 (Northern Ireland)
Page I

OPEN HOUSE TRUST LIMITED
REPORT OF THE TRUSTEES
for the Year Ended 31 DECEMBER 2023
Registered Charity number
101352
Registered office
6 East Bridge Street
EnThiskillen
Fernianagh
BT74 7BT
Trustees
T Eakins
B Jones
F Charters
S Williamson
J Johnston
P Hewiit
K Rainey (appointed 7.11.23)
Company Secretary
J Johnston
Independent Examiner
Thomas Samuel Patton FCA
Patton Rainey Stenson Limited
Chartered Accountants
6 East Bridge Street
Enniskillen
Co. Fernianagh
BT74 7BT
Bankers
Danske Bank
24 Townhall Street
EnniskilleTh
Co. Fennanagh
BT74 7BB
Approved by order of the board of trustees on 22 April 2024 and signed on its behalf by:
J Johnston - Trustee
Page 2

PRS
Patton Rainey I
Stenson Limited
CHARTERED ACCOUNTANTS
& REGISTERED AUDITORS
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
OPEN HOUSE TRUST LIMITED
I report on the accounts of tbe company for the year ended 31 December 2022, which are set out on pages five to eleven.
Respective responsibilities of charity trustees and examiner
As the charity's ttvstees (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 under company law and is eligible for independent examinatio￿ it i
my responsibility to:
- examine the accounts under Section 65 of the Charities Act
follow the procedure5 laid down in the general Directions given by the Charity Commission for Northern Ireland under Section
65(9)(b) of the Clwities Act
- state whether particular matters have come to my attention.
Basis of the independent examiner's report
I have examined your charity accounts &s required under Section 65 of the Charities Act and my exan]ination was caTried out in
accordance with the general Directions given by the Charity Commission for Northern Ireland under Section 65(9)(b) of the
Charities Act. The examination included a review of the accounting records kept by the chaTity and a comparison of the accounL
presented with th05&'records. It also included conskderdtion of any unusual items or disclosures in the accounts, and seeking
explanations from you as charity trustees concerning any such matters.
My role is to state whether any material matters have come to my attention giving me cause to believe:
l. That accounting records were not kept in accordance with Section 386 of the Companies Act 2006
2. That the accounts do not accord with those accounting records
3. That tbe accounts do not comply with the accounting requiremellts of Section 396 of the Companies Act 2006 and with the
methods and principles of the Charitie5 StateEnent of Recommended Prdctice applicable to charities preparing their accounts ID
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
4. That there is further information needed for a proper understanding of the accounts to be reached.
Independeut ex2miner's statetnent
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confimi that I am
qualified to undertake the examination because I am a tnember of the Institute of CILartered Accountants in Ireland which is one ol
the listed bodies.
I have cotnpleted my examination and have no concerns in respect of the matters (l) to (4) listed above an(L in connection with
following the Directions of the Charity Con)mission for Northern Irelan(t I have found no matters that require drawing to youi
attention.
Thomas Samuel Patton FCA
Patton liainey Stensoll Limited
Chartered Accountants
6 East Bridge Street
Enniskillen
Co. Fennanagh
BT74 7BT
22 April 2024
CHARTERED
ACCOUNTANTS
IRELAND
Chartered
Tax Advisers
Registered lo cafry Out audil work and regulated for a range ol inveslrnent business
activities in the Uniled Kingdom by the Insiiiule ol Chartered Accounlanls in Ireland

OPEN HOUSE TRUST LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
for the Year Ended 31 DECEMBER 2023
31.12.23
Total
funds
31.12.22
Total
funds
Unrestrtcted
fund
Restricted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
5,190
35,500
40,690
21,419
Investment income
252,031
252,031
236,492
Total
257,221
35,500
292,721
257,911
EXPENDITURE ON
Charitabl¢ activities
Charitable
147,547
35,500
183.047
179.452
NET INCOME
109,674
109,674
78,459
RECONCILIATION OF FUNDS
Total funds brought forward
2,477,294
2,477,294
2,398,835
TOTAL FUNDS CARRIED FORWARD
2,586,968
2,586,968
2,477294
The notes fonn part of these fmancial statements
Page 4

OPEN HOUSE TRUST LIMITED
BALANCE SHEET
31 DECEMBER 2023
31.12.23
Total
funds
31.12.22
Total
nds
Unrestricted
nd
Restricted
funds
Notes
FIXED ASSETS
Investment property
2,439,413
2,439,413
2,439,413
CURRENT ASSETS
Debtors
Cash at bank
6,003
287,985
6,003
287,985
6,358
177,706
293,988
293,988
184,064
CREDITORS
Amounts falling due within one year
(146,433)
(140,433)
(146,183)
NET CURRENT ASSETS
147,555
147,555
37,881
TOTAL ASSETS LESS CURRENT LIABILITIES
2,586,968
2,586,968
2.477,294
NET ASSETS
2,586,968
2,586,968
2,477,294
FUNDS
Unrestricted fimds
2,586,968
2.477,294
TOTAL FUNDS
2,586,968
2,477,294
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ende
31 December 2023.
The members have not required the company to obtain aTh audit of its financial statements for the year ended 31 December 2023 i
accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a)
ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companie
Act 2006 and
preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the en
of each financial year and of its surplus or deficit for each f￿anCIal year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to fmanci"
statements, so far as applicable to the charitable company.
(b)
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to th
small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 22 April 2024 and were signed on li
behalf by:
J Johnston - Trustee
The notes fomi part of these financial statements
Page 5

OPEN HOUSE TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 DECEMBER 2023
ACCOUNTING POLICIES
Basis of preparing the financial statements
The fmancial statements of the charttable company, which i5 a public benefit entity under FRS102, have been prepared li
accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommendei
Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable
the UK and Republic of Ireland (FRS102) and the Companies Act 2006. The f￿anCIal staternents have been preparei
under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the Charity h&s entitlement to the fimds, it i
probable that the income will be received and the amount can be me&sured reliably.
Expenditure
Liabilities are recognised &$ expenditure as soon as there is a legal or constructive obligation committing the Charity to tha
expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of th,
obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified unde
headings that aggregate all cost related to the category. Where costs cannot be directIy attributed to particular heading
they have been allocated to activities on a basis consistent with the use of resources.
Investment property
Investment property is shown in the fmancial statements at cost which the Trustees consider to be fair value.
Taxation
The ¢harity is exempt from corpordtion t&x on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the Charitable objectives at the discretion of the tsustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions aris
when specified by the donor or when funds ar¢ raised for par¢icular restricted purposes.
Going eoncern
The trustees of Open House Trust Limited have reviewed the resources available and believe that the Charity has adequat
resources to continue an operational existence for the foreseeable future. Accordingly Open House Trust Limitei
continued to adopt the going concern basis in preparing the fmancial statements.
INVESTMENT INCOME
31.12.23
31.12.22
Rents received
Deposit account interest
251,434
597
235,884
608
252,031
236.492
Page 6
continued...

OPEN HOUSE TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS - Continued
for the Year Ended 31 DECEMBER 2023
TRUSTEES, REMUNERATION AND BENEFITS
There were no twstees, remuneration or other benefits for the year ended 31 December 2023 nor for the year endei
31 December 2022.
Trustees, expenses
There were no trustees, expenses paid for the year ended 31 December 2023 nor for the year ended 3 1 December 2022.
INVESTMEIYT PROPERTY
FAIR VALUE
At l January 2023
and 31 December 2023
2,439,413
NET BOOK VALUE
At 31 December 2023
2,439,413
At 31 December 2022
2,439.413
The Investment Property is stated at cost which the Trustees consider to be fair value.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23
31.12.22
Trade debtors
6,003
6,358
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23
31.12.22
Loans (see note 7)
VAT
Accruals and deferred income
loo,000
7,467
38,966
i 00.000
7,217
38,966
146,433
146,183
LOANS
An analysis of the rna￿rIty of loans is given below:
31.12.23
31.12.22
Amounts falling due within one year on demand:
Bank loans
loo,000
100.000
Page 7
continued...

OPEN HOUSE TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 DECEMBER 2023
MOVEMENT IN FUNDS
Net
movement
in funds
At
31.12.23
At 1.1.23
Unrestricted funds
General fvnd
2,477,294
109,674
2,586,968
TOTAL FUNDS
2,477,294
109,674
2,586,968
Net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
257221
(147,547)
109,674
Restricted funds
GEM Grant
Ardbam)n Trust
Fairgreen Trust
Littler
8,000
15,000
7,500
5,000
(8,000)
(15,000)
(7,500)
(5,000)
35,500
(35,500)
TOTAL FUNDS
292,721
(183,047)
109,674
Comparatives for movement in funds
Net
movement
in funds
At
31.12.22
At 1.1.22
Unrestricted funds
General ￿nd
2,398,835
78,459
2,477.294
TOTAL FUNDS
2.398.835
78,459
2,477,294
Page 8
continued...

OPEN HOUSE TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 DECEMBER 2023
MOVEMENT IN FUNDS - eontinued
COmp￿atiVe net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in fimds
Unrestrieted funds
General fund
248,911
(170,452)
78,459
Restricted fund5
Ardbarron Trust
9,000
(9.000)
TOTAL FUNDS
257,911
(179,452)
78.459
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
in fi￿dS
At
31.12.23
At 1.1.22
Unrestricted funds
GeTherdl fund
2,398,835
188,133
2,586,968
TOTAL FUNDS
2,398,835
188,133
2,586,968
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fimd
506,132
(317,999)
188,133
Restricted funds
GEM Grant
Ardb￿Ton T￿￿t
Fairgreen Trust
Littler
8,000
24.000
7,500
5,000
(8,000)
(24,000)
(7,500)
(5,000)
44,500
(44,500)
TOTAL FUNDS
550,632
(362,499)
188,133
Page 9
continued...

OPEN HOUSE TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 DECEMBER 2023
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2023.
io.
COMPANY LIMITED BY GUARAiYfEE
The company is incorporakd under the Companies Act 2006, as a Company Limited by guarantee and not having an.
share capital. The company registration number is N1031773. The liability of the members is limited to £1 O each.
Page 10

OPEN HOUSE TRUST LIMITED
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
for the Year Ended 31 DECEMBER 2023
31.12.23
31.12.22
INCOME AND ENDOWMENTS
Donations and legacies
Donations - Restricted
Donations
Gift aid
35,500
4,808
382
9,000
12,052
367
40,690
21,419
Investment ineome
Rents received
Deposit account interest
251,434
597
235,884
608
252,031
236,492
Totsl incoming resourees
292,721
257,911
EXPENDITURE
Charitable activities
Accountancy
Independent Examination
Bank Charges
Loan Interest
Printing and stationery
Grants funded from unrestricted funds
Grants ￿nded from restricted funds
I,ioo
250
53
3,000
144
143,000
35.500
1,000
250
62
2,500
120
166.520
9,000
183,047
179,452
Total resources expended
183,047
179,452
Net income
109,674
78,459
This page does not forni part of the statutory financial statements
Page 11