REGISTERED CHAIUTY NUMBER: 101391
Report of the Trustees and
Financial Statements
for the Year Ended 31 March 2025
for
The Black Charitable Trust
Mccleary & Company Ltd
Chartered Accountants
Garvey Studios
14 Longstone Street
Lisburn
Co. Antrim
BT28 ITP

The Black Charitable Trust
Contents of the Financial Statements
for the Year Ended 31 March 2025
Page
Report of the Trustees
IndependeDt Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
6 to 11
Detailed Statement of Financial Activities
12

The Black CharitabIe Trust
Report of the Trustees
for the Year Ended 31 March 2025
The trustees present their report with the financial statements of the charity for the year ended 31 March 2025.
The trustees have adopted the provisions of 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 Ireland (FRS 102) (effective l January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims.
To advance the work of evangelical missionary societies, whose doctrinal bascs are founded on the verbal
inspiration of the scrlptures of the old and new testaments, as originally given and whose aim is to call sinners
in repentance to God to be saved by grace alone, through faith alone in thc Lord Jesus Christ.
To fund religious activities, provide overseas aid/famiiie relief, to asslst with poverty relief, to finance the
supply of medicines and medical care and to provide health and general education for both adults and children.
Significant actlVAties
The Charity finances missionary societies work in the provision of hospitals and schools and aids with the
publication of literature and provision of supplies for such publications. It also provides financial support for
translation of the bible and other religious literature and for the care of orphans and others in need.
FINANCIAL REVIEW
Going Concern
The Trustee's believe that the Charity's flnancial statcments should be prepared on a going concern basis on
the grounds that current and futurc sources of funding and support will be more than adequate for the Charity's
needs.
STRUCTURE, GOVERNANCE AND MANAGEMENT
GovernAng document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
101391
Principal address
3 Ballymullen Road
Lisburn
Co. Down
BT27 5PJ
Trustees
Mr William Desmond Black
Mrs Laura Black
Page I

The BIack Charitable Trust
Report of the Trustees
for the Year Ended 31 March 2025
REFERENCE AND ADIWllNISTRATIVE DETAILS
11
Independent Examiner
Elizabeth Chambers FCA
Chartered Accountants Ireland
Mccleary & Company Ltd
Chartered Accountants
Garvey Studios
14 Longstone Street
Lisburn
Co. Antrim
BT28 ITP
Approved by order of the board of trustees on 25 June 2025 and signed on its behalf by:
Mr William Desmond Black - Trustee
Page 2

Independent Examiner's Report to the Trustees of
The Black Charitable Trust
I report on the accounts of the charity for the year ended 31 March 2025, which are set out on pages four to
eleven.
Respective responsibilities of charity trustees and examiner
As tlie charity's trustees you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act (Northern Ireland) 2008 ('the Act,).
I have examined your charity's accounts as required under Section 65 of the Charities Act. In carrying out
my examination I have followed the Directions given by the Charity Commission for Northern Ireland under
section 65(9)(b) of the Charities Act. It is my responsibility to,
examine the accounts under Section 65 of the Charities Act
follow the procedures laid down in the general Directions given by the Charity Commission for Northern
Ireland under Section 65(9)(b) of the Charities Act
state whether particular matters have come to my attention.
Basis of the independent examiner's report
I have examined your charity accounts as required under Section 65 of the Charities Act and my examination
was carried out in accordance with the general Directions givcn by the Charity Commission for Northerii
Ireland under Section 65(9)(b) of the Charities Act. The examination included a review of the accounting
records kept by the charity and a comparison of the accounts presented with those records. It also included
consideration 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 the accounts do not comply with the accounting requirements of the Act
4. That there is further inforniation needed for a proper understanding of the accounts to be reached.
Independent examiner's statement
I have completed my examination and have no conccrns 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
matters that requirc drawing to your attention.
Elizabeth Chambers FCA
Chartered Accountants Ireland
Mccleary & Company Ltd
Chartered Accountants
Garvey Studios
14 Longstone Street
Lisburn
Co. Antrim
BT28 ITP
Date: 25 June 2025
Page 3

The Black Charitable Trust
Statement of Financial Activities
for the Year Ended 31 March 2025
Year Ended Year Ended
31.3.25
31.3.24
Unrestricted
Total
fund
fund
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
57,226
66,402
Investment income
30,854
43,311
Total
88,080
109,713
EXPENDITURE ON
Raising funds
(20,573)
(2,283)
Charitable activities
Charitable activities
218,000
182,000
Other
52
82
Total
197,479
179,799
Net (loss)/gains on investments
14,695
NET INCOME/(EXPENDITURE)
(117,344)
(55,391)
RECONCILIATION OF FUNDS
Total funds brought forward
1,806,786
1,862,177
TOTAL FUNDS CARRIED FORWARD
1,689,442
1,806,786
CONTINUING OPERATIONS
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
Page 4

The Black Charitable Trust
Balance Sheet
31 March 2025
31.3.25
Unrestricted
fund
31.3.24
Total
funds
Notes
FIXED ASSETS
Investment property
75,750
75,750
CURRENT ASSETS
Debtors
Investments
Cash at bank
6,205
1,002,846
606,031
10,692
978,956
742,713
1,615,082
1,732,361
CREDITORS
Amounts falling due within one year
(1,390)
{1,325)
NET CURRENT ASSETS
1,613,692
1,731,036
TOTAL ASSETS LESS CURRENT
LIABILITIES
1.689,442
1,806,786
NET ASSETS
1,689,442
1,806,786
FUNDS
Unrcstricted funds
10
1,689,442
1,806,786
TOTAL FUNDS
1.689,442
1,806,786
The financial statements were approved and authorised for issue by the Board of Trustees on 25 June 2025 and
were signed on its bchalf by..
Mr William Desmond Black - Trustee
Mrs Laura Black - Trustee
The notes forni part of these financial statements
Page 5

The Black Charitable Trust
Notes to the Financial Statements
for the Year Ended 31 March 2025
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, 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 Rccommended Practice applicable to charities preparlng their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective I
January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the
UK and Republic of Ireland, aiid the Charities Act 201 l. 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 to 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 is a legal or constructive obligation committing
the charity to that expenditure, it is probable that a transfer of economic benefits will be required in
settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on
an accruals basis and has beeii classified under headings that aggregate all Cost related to the category.
Where costs cannot be directly attributed to particular headings, they have been allocated to activities
on a basis consistent with th¢ use of resources.
Charitable activities
Charitable expeIiditure comprises those costs incurred by the charity in the delivery of its activities and
services for its beneficiaries. It includes both costs that can be allo¢at¢d directly to such activities and
those costs of an indirect nature necessary to support them.
Grant Provisions
Provisions for grants are made when the intention to make a grant has been communicated to the
recipient but there is uncertainty about either the timing of the grant or the amount of grant payable.
Investment Properties
Investment propertics held by the Charity are included in the financial statements at fair value, as per
the trustee's valuations. The fair value assertion is de¢med not to be materially different from open
market value.
Current Asset Investments
Current asset investments are included at the lower of cost and net realisable value/market value.
Donations and legacies
Donations and Icgacies arc recognised on a receivable basis when receipt is probabl¢ and the amount
can be reliably measured.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discietion of the
trustees.
Page 6
continued...

The Black Charitable Trust
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
ACCOUNTtNG POLICIES - continued
Fund accounting
Restricted funds can only be used for particular restricted purposcs within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted
purposes.
Financial instruments
Financial assets and financial liabilities are recognised when the Charlty becomes a party to the
contractual provisions of the instrument.
Financial liabillties and equity instruments are classified according to the substance of the contractual
arrangements entered into. An equity instrument is any contract that evidences a residual interest in the
assets of the Charity after deducting all of its liabilities.
Recognition and measurement.
All financial assets and liabilities are initially measured at transaction price (including transaction costs),
except for those financial assets classified as at fair value through profit or loss, which are inittally
measured at fair value (which is normally the transaction price excluding transaction costs), unless the
arrangement constitutes a flnancing transaction. If an arrangement constitutes a financing transaction,
the financial asset or financial liability is measured at the present value of the future payments
discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are only offset in the statement of financial position when, and only when
there exists a legally enforceable right to set off the recognised amounts and th¢ Charity intends eitlier
to settle on a nct basis, or to realise the asset and settle the liability simultaneously.
Financial assets are derecognised when and only when a) the contractual rights to the cash flows from
the financial asset expire or are settled, b) the Charity transfers to another paty substantially all of the
risks and rewards of ownership of the fInancial asset, or c) the Charity, despite having retained some,
but not all, significant risks and rewards of ownership, has transferred coiitrol of the asset to another
paty
Financial liabilitics are derecognised only when the obligation specified in the contract is discharged,
cancelled or expires.
INVESTMENT INCOME
Year Ended Year Ended
31.3.25
31.3.24
Rents received
Deposit account interest
7,020
23,834
7,020
36,291
30,854
43,311
Page 7
continued...

The Black Charitable Trust
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
RAISING FUNDS
Raising donations and legacies
Year Ended Year Ended
31.3.25
31.3.24
Support costs
1,385
1,385
Investment management costs
Year Ended Year Ended
31.3.25
31.3.24
Investment advice
Insurance
5,231
665
3,316
710
5,896
4,026
TRUSTEES, RElVtUNERATION AND BENEFITS
Thcre were no trustees, rcmuneration or other benefits for the year ended 31 March 2025 nor for the
period ended 31 March 2024.
Trustees, expenses
There were no trustees, expenses paid for the year ended 31 March 2025 nor for the period ended
31 March 2024.
COIIIPARATIVES FOR THE STATEMENT OF F￿rfANcIAL ACTIVITIES
Unrestricted
fund
INCOME ATID EIYDOWMENTS FROM
Donations and legacies
66,402
Investment income
43,311
Total
109,713
EXPEIYDITURE ON
Raising funds
(2,283)
Page 8
continued...

The Black Charitable Trust
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
fund
Charitable activities
Charitable activities
182,000
Other
82
Total
179,799
Net gains on investments
14,695
NET INCOMEI{EXPENDITURE)
(55,391)
RECONCILIATION OF FUNDS
Total funds brought fonvard
1,862,177
TOTAL FUNDS CARRIED
FORWARD
1,806,786
INVESTMENT PROPERTY
FAIR VALUE
At l April 2024
and 31 March 2025
75,750
NET BOOK VALUE
At 31 March 2025
75,750
At 31 March 2024
75,750
Page 9
continued...

The Black Cbaritable Trust
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25
31.3.24
Prepayments and accrued income
6,205
10,692
CURRENT ASSET INVESTMENTS
31.3.25
31.3.24
Unlisted investments
1,002,846
978,956
CREDITORS.. AMOUNTS FALLING DUE wITH￿rf ONE YEAR
31.3.25
31.3.24
Other creditors
1,390
1,325
10. MOVEMENT IN FUNDS
Net
movement
in funds
At
31.3.25
At 1.4.24
Unrestricted funds
General fund
1,806,786
(117,344)
1,689,442
TOTAL FUNDS
1,806,786
117,344)
1,689,442
Net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Gains and Movement
losses
in funds.
Unrestricted funds
General fund
88,080
(197,479)
(7,945) (117,344)
TOTAL FUNDS
88,080
197,479)
Page lo
continued...

The Black Charitable Trust
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
10. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
Net
movement
in funds
At
31.3.24
At 6.4.23
Unrestricted funds
General fund
1,862,177
(55,391)
1,806,786
TOTAL FUNDS
1,862,177
55,391)
1,806,786
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Gains and Movement
losses
in funds
Unrestricted funds
General fund
109,713
(179,799)
14,695
(55,391)
TOTAL FUNDS
109,713
179,799)
14,695
55,391)
11. RELATED PARTY DISCLOSURES
During the year the trustee's made donations to the charity of £40,000. (2024.. £35,000).
Pagell

The Black Charitable Trust
Detailed Statenlent of Financial Activities
for the Year Ended 31 March 2025
Year Ended Year Ended
31.3.25
31.3.24
INCOIVIE AND ENDOWIWIENTS
Donations and Iegacies
Donations
Gift aid
Dividends receÉved
40,000
35,000
17,500
13,902
57,226
66,402
Investment income
Rents received
Deposit account interest
7,020
23,834
7,020
36,291
30.854
43,311
Total incoming resources
88,080
109,713
EXPENDITURE
Other trading activities
Gain on sale of investment property
(27,854)
(7,694)
Investment management costs
Investment advice
Insurance
5,231
665
3,316
710
5,896
4,026
Charitable activities
Charitable donations
218,000
182,000
Other
Bank interest
52
82
Support costs
Governance costs
Accountancy and legal fees
1,385
1,385
Total resources expended
197.479
179,799
Net expenditure
109,399)
70,086
This page does not forn] part of the statutory financial statements
Page 12