MEG ROPER TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2019 The trustees present Ihoii report and finanual ststThnt8 ts the year ended 31 March 2019 The financial stslemenl$ have b••n prepared In accordance wrth Ihe accountsng poIK18S 581 Out In note 1 to the financial $tstements and Cornply with the charity's [g0rning documenil. Ihg Charibe5 Act 2008 antj "Accounting and Reporting by Chanlies statern1 ol Rec(xnmen¢¢(I Practice applicable 10 charities pr8paring their a¢nts In accordance wilh the Financial RepDrbng Standartj applicable In Ihe UK an¢J Rèpublic of Ireland IFRS lQ21" las amended f accounting perKth cornm¢ncing from 1 January 20161 ObloCtIvOB •nd •¢tlvl¢l•• Thè Charity's objective$ ar? the advanMent 91 educat)n and tslKJKin and the relief of pov•rty in any port of Ihe wodd Th• Tw5tees confim) thai they ha referred lo the Chanty C¢)rnmi$sion' general guidance on public nefIt when Ing the Trust's aims and obJeciiv¢s and In planning lulure Bcliwls an(J selling Ils grani making The Trust has ahvay5 bèen aware thai 11$ three main obiectNeI18dn¢4MQnI of edueaiion. advancernent of religion and rebid of pOnY) cannot b& viewed as three dis¢reie objecti5. requiring the application of three parate sèis ef critena Rather. there 1s-cr055-lertilisaiion- between the conc•pis a donation lo a religious Organisa9n rnay serve lo advance religion but. on many ocusions, It CBn lead to Peop recemng an e(Ivcaiional t)enfil. Similofiy. when much nd•d food and nutrition 18 not available fot chik1ren in Ethpd. then the ¢han¢¢8 01 their 9rowing and l•arning how to h V•lU•b cilo•n$ i• ¢l)ty• to Z•fO. The trustee$ hav• paid du• r•g4rd lo guidor issugd by Chanty Commission in ¢iding what activiti•s the charity 8houkl unrtak•. Gr•nt M•klno Pollcy The frust ha$ an est81•he gr•nt making 10 achth• ts ow# for Iho public b8n81rt. In rnojl ca$e$ this Invofves 8 qu8$1.partner$hip approach When tY&t•miining what donation to make to which ehariiable cause the Twsie•s aayS •rtdta¥our to have dose regard 19 the ¥llirnaie effect ol Such donations. the 8yn#roy b•••n donor and ¢S)n•• and Ihe k1entty an(1 need ol the u1timale txneficiaries of any funding. Prgciically, this means that the bulk of the grants mpde by Ihe Twst af• other exi8brg ¢h•rili•s who. In the opinion of the Tfu$lee8. demonstrale a Irack record ol •ngagemenl In charitable activities which rèflèci the aims and c4eciives of Ihe Trust On scrne occasions grants are rnade on 'reslricled funds. basi8 whereby Ihe donaiion li madè In of a particular activity or chariiable project thai the Tru$lees have a p8rticular Interest In devebping On other occasions Il Is r•cogn15e(I by Ihe Trustees thai certain chanlies hgve a proven Ira¢k record In projects which wlecl closely the Tw8t's obigct8 Bnd wilh whcffi th• Trusi. oNr th• years. have built up a r•latron8hip. Monltoring In order lo quanfy the èfftet ol Iheirgranis. and 10 alStsI them tmth lutur8 dtcision making, the Trusteei roeeive regu18f reports from the receivir¥J or9anisab.ons detailin9 the application of the Funds A¢hl¢vement8 and port01ce Flnan¢ial r•vi•w 11 Is the policy of the charity Ihal unresiricied fufids which have not been designated for a ss)ecific use should be maintained at a level equNalent 10 betsveen th and sx month's expenditure The twstees Conser5 that re3eNes al thi$ level wi51 en$ure Ihal, In Ihe eveni of a svJnificant drop In funding. they will be able to conlinue the chaTrty's r)Jrrenl adiwlps whik consN1erail 1$ gNen to ways in whith additsonal funds may be raised This level of reser¥e$ has teen maintained throughoul Ihe year.
MEG ROPER TRUST TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2019 The trustees have assessed the major nsks to whh Ihe chanty is exposed. and 3r• satisfied that 5ysiems are In place lo mibgale exre lo the major risks Sirts¢ture, govornanc¢ •nd managornent The charity Is an unincorporated or9anisalion The Irusl•èS who ¥eNed dunng the year and up to the dai• of natUre of the finanaal statements wer• Mr Jam•s Fitzpatnck Mr Dominic FilzpalrKk M$ Brid Fitzpatrick The Twsl Is a gISted charty. numbèr 101667, and ra ctsn$iiluled undef a Oeod of Trust made on 8th Sepi•rnber 1969 The Trusl was ¢stabli$hed by an 1nrthq gift from Mi Jarn•s FItrP8lrick (current Chairl 8n4 his lal? wil? Mrs Alice Fitzpairtk Ovef Ihe years Ihe Fitzpatrick f)mily has made •ub$tanlial gilt$ to the charity and the legacy of Ihtr Meg Row Trust 1$ seen by the f8mity anLI others s A IAsting Iribule 10 the late Mrs Frtzpatrick Th¢ Trust SJes not actwely fundr815• and seeks 10 continue th¢ ¢h4rilable Work $ired by the don9 through th¢ $ltardship of ex151ing r•$ourc¢$. along wilh per1¢ ntribuortS Irom Ihfr family 10 Ihose resour The Tru$tees meel on a quartefly bail8 Al Ih•ir meeiin9$ Ihe Tru$lee8 nominat• potgntial b6n•ficiari•s lor grants The vast majority of Ihe5è nomin••s are Olher gistered chariliei bvl being registered charity 15 nol a pre-requi811¢ to eligibility for a granl th• Tw$1 Hrtt4ever, any potenti81 benefi¢b8ry mu¥t hove 8 ¢h8ritgty¢ purpose and actNIty th81 would acw(I with the Tw81' own chanlable obJeclive$ ol Ihe a#vancem¢nl oledu¢alK)n and relIgn and th• ffjlf of poverty In any part of the world 11 necessgry Ihe Tru$wes' meeting 11 shortlisl th• nomifie•8 When iucce$$ful candidates have been detemined. the amount of the 9ranl lo rnadt 10 èach ol Ihem 18 than arriv•d ai and Ihe name$ of Ihe 9rnniees. with the amwnls of the grants. 8fe recorded The Trust dc$ not any employee$ It doe$ noi have prernises Tru$ie¢$ meet either al the hom? of a Truste• or ai bu$iness premws owned or ¢Ir91 by Ihe Chairman 111$. $eni111ty. fr from ¢)verheAds All Tw$ieei gNe of Iheir bme and no trustee rernuneration Is paid None ¢f thè IFU$leè5 has any bertefKkql Inte$t in the o)mpany. All of trustees are mernt)er8 of the company and guaranièè to Conthbute £1 tn Ihe event of a windiry up.
MEG ROPER TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2019 The trustees, report was Bppro¥ed by tht Board of Twsieos. MrJa • Fltzp Chairperson Dated 28 January 2020 rick