2016-12-31-annual-report - The William Keown Trust

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THE WILLIAM KEOWN TRUST

(INCORPORATED UNDER GUARANTEE)

Registered Number: NI37314

Charity Number: NIC 101462

REPORT AND FINANCIAL STATEMENTS

FOR THE

YEAR ENDED 31 DECEMBER 2016

MTMcLaughlin & Co

Chartered Accountants 8 Royal Lodge Road BELFAST BT8 7UL

THE WILLIAM KEOWN TRUST (INCORPORATED UNDER GUARANTEE) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 December 2016

THE WILLIAM KEOWN TRUST (INCORPORATED UNDER GUARANTEE)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 December 2016

Contents	Page
Directors’ report	2-6
Examiner’s report	7
Statement of Financial Activities	8
Balance sheet	9
Notes to the Financial Statements	10-17

THE WILLIAM KEOWN TRUST (INCORPORATED UNDER GUARANTEE)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 December 2016

DIRECTORS REPORT

The directors present their report and financial statements for the year ended 31 December 2016.

REFERENCE & ADMINISTRATIVE DETAILS

NI Charity Reference Number NIC101462

HMRC Charity Reference Number XR 5954 Known as The William Keown Trust Registered Office 3 Church View Dundrum, Newcastle Co. Down BT33 0NA Tel: 028 4375 1243 Fax: 028 4375 1444 Email: wkeowntrust@btconnect.com Website: www.wkeowntrust.co.uk

President Kate Smith (formerly of Ulster Television)

Deputy President

Trevor C Taylor MB FRCS

Directors The directors set out below have held office during whole of the year from 1 January 2016 to 31 December 2016 unless otherwise stated:

Robert Barfoot JP Rhoda Baxter MBE, MSc, Cert Ed, SROT Philip Beattie BSc Hons, MRICS Chairman Adrian Blythe BSc Dip Surv, MRICS, MCIOB Helen Currie-Simpson resigned 23/01/2017 Olive Fulton Treasurer David R Hanna MBE, DipPFS Craig McMillan BSc Joseph Birt BSc Hons, Pg Cert, C.Build.E

Committee Members Tom Perry Neil Moore BSc, DipArch, ARB, RIBA, SCA, MAPM, IHBC Laurie Jones SRN ONC Sean McNulty MRICS, MCIOB, MSCSI

THE WILLIAM KEOWN TRUST (INCORPORATED UNDER GUARANTEE) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 December 2016

Honorary Members

Pamela C Dickson BA Hons Michael J Heverin BSc RIBA Robert Colvin BSc MBA DipM MCIM MBEng Mary McCracken SRN ONC Dr Ronald J Hamilton MB BcH BAO DRCOG

Interim Chief Executive

Beth Keown (appointed 25/04/2016)

Trust Consultant

Harry V Shimmons MBE FRICS

Accountants

M.T.McLaughlin & Co Chartered Accountants 8 Royal Lodge Road Belfast BT8 7UL

Bankers Solicitors

First Trust Bank 31-35 High Street Belfast BT1 2AA Gordon Bell & Son 9-11 Newry St Rathfriland Co. Down BT34 5PY

STRUCTURE, GOVERNANCE AND MANAGEMENT

The William Keown Trust is a company limited by guarantee. Its governing documents are the company memorandum and articles of association.

THE WILLIAM KEOWN TRUST (INCORPORATED UNDER GUARANTEE)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 December 2016

Objectives of the Charity

The William Keown Trust’s objectives and aims are to recognise the achievements of people with disabilities and their families in their efforts to rise above physical circumstance and encourage them to lead positive motivated lives in a barrier free environment. To achieve this, the Trust recognises architectural vision of the owners of the properties that set high benchmark standards beyond existing building control requirements. The Trust resolutely campaigns and lobbies the statutory authorities on provisions which make for choice of opportunity and access within the built and open environment.

Review of the Year

The William Keown Trust continued to highlight the achievements and promote the dignity of people with disabilities during the year to 31 December 2016.

The highlight of the Trust year was the highly successful Personal Achievement Awards. The Trust was also delighted to host The Prestige Access Awards.

This year there was a big demand for Access Statements which are asked for, when because of circumstances, it is difficult to comply with Building Regulations.

The Trust is pleased to respond to the everyday issues that affect the interests of people with disabilities and their families. The interests of people with disabilities are also promoted in all Trust dealings with architects, civil engineers, building contractors, churches, government agencies and councils.

The directors realise the need to review fund-raising measures to ensure the viability and continuance of The Trust and its many good works. Whilst the Trust does not currently receive funding from central government, as part of the directors review of its sustainability, it was agreed that an approach be made to local government via the 11 District Councils to seek annual financial support. In this respect, meetings and discussions with Council CEOs are ongoing with initial responses proving positive.

The directors are very appreciative and wish to thank most sincerely, the Trust's sponsors and all those who so willingly give what they can - whether that is financial or voluntary support. It is only with the help of the public that The Trust is able to make a difference.

The Trust’s Treasurer, Ms Olive Fulton held a very successful concert and auction in The Silverbirch in Omagh. This concert and auction proved very successful, both from the point of view of the general public who came and enjoyed it and also it enhanced the funds of the Trust by £2015.

Mrs Keown continues to fulfil the role of Interim Chief Executive. The Directors are very appreciative of the work of both Mrs Keown and Mrs Rooney in keeping The Trust effective and to the forefront of issues confronted by people with disabilities across the entire Province.

THE WILLIAM KEOWN TRUST (INCORPORATED UNDER GUARANTEE) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 December 2016

THE ORGANISATIONAL AND DECISION MAKING STRUCTURE

The directors as a board normally meet biannually.

The committee members meet prior to Award dates, and otherwise as requested, and are encouraged to forward suggestions and recommendations to The Board. The committee may co-opt members with special knowledge to assist in the furtherance of the Trusts objectives.

Mrs Keown together with Mrs Rooney will continue to manage the Trust on a daily basis and report to the Board of Directors and Committee.

FINANCIAL REVIEW

The statements of financial activities are listed on page 8.

CHANGES IN FIXED ASSETS

The movements in fixed assets during the year are set out in Note 10 to the accounts.

RISK MANAGEMENT

The directors have assessed the major risks to which the company is exposed in particular those risks related to the operations and finance of the company. They are satisfied that the systems are in place to manage any exposure to the major risks.

DIRECTORS INTERESTS IN THE SHARES OF THE COMPANY

The company is limited by guarantee and as such no shares are issued.

DIRECTORS RESPONSIBILITIES

Company law requires the directors to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the company and of the income and expenditure of the company for that year.

In preparing those financial statements, the directors are required to:

Select suitable accounting policies and then apply them consistently;
Make judgements and estimates that are reasonable and prudent;
State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

THE WILLIAM KEOWN TRUST

(INCORPORATED UNDER GUARANTEE)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 December 2016

The directors are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies (Northern Ireland) Order 1986. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

SPECIAL PROVISIONS RELATING TO SMALL COMPANIES

This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on 3 April 2017.

ON BEHALF OF THE BOARD

……………………….

P Beattie Chariman 3 April 2017

THE WILLIAM KEOWN TRUST (INCORPORATED UNDER GUARANTEE) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 December 2016

EXAMINER’S UNQUALIFIED REPORT THE WILLIAM KEOWN TRUST

Independent examiner’s report to the trustees of The William Keown Trust

I report on the accounts of the company for the year ended 31 December 2016, which are set out on pages 8 to 17.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts.

The trustees consider that an audit is not required for this year and that an independent examination is needed. I am qualified to undertake the examination by being a qualified member of Chartered Accountants Ireland.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to examine the accounts and to state whether particular matters have come to my attention.

Basis of independent examiner’s report

An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that in any material respect, proper accounting records have not been kept; and the accounts have not been prepared in accordance with the accounting records. In addition, no matter has come to my attention to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Margaret McLaughlin Chartered Accountants Ireland 8 Royal Lodge Road, Belfast, BT8 7UL 3 April 2017