COUNTY TRUST LIMITED
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 30 APRIL 2023
The Trustees present their annual report and financial statements for the year ended 30 April 2023.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply wth the Charitsble Company's Memorandum and Articles of Association, the
Companies Act 2006 and "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 1 January 2019)"
Public benefits
1. The advancement of the Christian Religion
2. The relief of povety
3. The relief of hunger
4. The relief of sickness
5. The advancement of education and medical knowledge and research
1. County Trust operates a centre known as 'The Stables, which includes meetinglfunction room with kitchen.
There are also two townhouses attached. The direct benefit flowng from the meetinglfunction room is that it
provides facilities to church organisations who in tum provide improvement of spiritual and emotional welfare to
people across Northern Ireland. The benefit flowing from the townhouse is the provision of accommodation for a
person who could not otherwise afford it. County Trust also makes grants of money to evangelists, missionaries,
individuals and organisations promoting the Christian religion throughoLrt Northern Ireland and worldwide. The
direct benefits flowing from this is the support of those who in tum provide improvement of physical, mental and
spiritual welfare to people across Northem Ireland and the rest of the world.
2. County Trust makes grants of money and provides ne￿SSary items to those who cannot afford them. County
Trust also makes grants to organisations working to relieve povety woddwide such as Drop-lnn. The direct
benefits flowing from this is the relief of povety of people to whom such grants are made. County Trust's
intended beneficiaries are people living V￿rldwIde.
3. County Trust makes grants of money to organisations working to relieve hunger worldwide. The direct benefits
flowing from this is the support of the organisations to which such grants are made in turn allowing them to
pursue their work with people across the world. County Trust's intended beneficiaries are people living
worldwide.
4. County Trust seeks to provide support to sick and disabled persons generally and also to relieve mental and
physical sickness of persons suffering as a result of bereavement, loss, family breakdown, addiction, redundancy
or financial hardship and promote their physical. mental and spiritual welfare by providing grants of money to
those people and to other organisations involved in counselling or treating those people and through the
provision of equipment to organisations involved in counselling or treating those people. County Trust makes the
Stables available to organisations working wth people suffering from such disability. County Trust makes the
second townhouse available as free haI￿aY accommodation to those who are seeking to overcome addiction.
The direct benefits flowing from this include the reduction of symptoms, stress and anxiety to people who are
suffering from illness, disability, bereavement. loss, family breakdown, addiction, redundancy or financial
hardship and members of their family. The beneficiaries of this purpose are mainly people living in the
Femianagh area of Northern Ireland.
5. County Trust makes grants of money and provides equipment in support of education. For example through
awarding scholarships or providing equipment to schools in underdeveloped countries. The direct benefits
flowing from this is the advancement of education of people wortdwide attending recognised educational
institutions,. particularly those who may not otherwse be able to afford such education enabling people to
participate more fully in society. County Trust's intended beneficianes are people living worldwide. It is not
intended that such grants will be made to Trustees though it is possible that equipment, at some point in the
future, may be provided or money donated to a school that members of a Trustee's extended family may then
attend. This benefit would be incidental and ne￿ssary to ensure that the benefit is provided to the beneficiaries.
These benefits are demonstrable from feedback and reports re￿iVed from those evangelists, missionaries,
individuals and organisations who have been helped. No hami arises from the meetinglfunction room or house
being made available or from grants being made. No private benefit arises as it is not intended that any grant will
be made to the Trustees of County Tnjst.

COUNTY TRUST LIMITED
TRUSTEES. REPORT {CONTINUED){INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 30 APRIL 2023
Achievements and performance
Financial review
The results for the year are set out on page 9. The company returned net income for the year of £479,087 {2022'.
net income for year of £693,399). At 30th April 2023 the total funds of the charity amounted to £8,972,242 (2022 -
£8,493,155) comprised solely of general unrestncted funds.
Taxation
The company is a charity (Charty No.NIC1017901 and is recognised as such by HM Revenue and Customs for
taxation purposes. As a result there is no liability to taxation on any of its income.
Plans for the future
The Trustees aim to continue to operate on the same basis by providing grants to appropriate charitable causes.
In terms of any future investment opportunities which may present themselves they will be looked at with caution.
The propety at Teeside is currently vacant. A design team have been engaged to enable refurbishment works
and new enhanced entrance atriums, EV charging facilities amongst other things. It is anticipated that the
significant works should be completed during 2024.
Risk Management
The Trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are
in place to mitigate exposure to the major risks. The Trustees maintain a written risk register in order to
document and review identified risks.
Structure, governance and management
The Charitable Company is a company limited by guarantee and is govemed by its Memorandum and Articles of
Association.
The Trustees, who are also the directors for the purpose of company law, and who served during the year and up
to the date of signature of the financial statements were=
Mr B Jones
Mr l Jones
Mr G Jones
The managemenl of the Charity is the responsibility of the Trustees who are elected under the terms of the
Memorandum and Articles ofAssociation.
None of the Trustees has any beneficial interest in the Chanty. All of the Trustees are members of the Charity
and guarantee to contribute a maximum of £10 in the event of a winding up.
Auditor
In accordance with the company's articles, a resolution proposing that Moore (N.I.) LLP be reappointed as
auditor of the company will be put at a General Meeting.
Disclosure of infomiation to auditor
So far as each person who was a Trustee at the date of approving this report is aware, there is no relevant audit
information of which the Charity's auditor is unaware. Additionally, the Trustees individually have taken all the
ne￿SSary steps that they ought to have taken as Trustees in order to make themselves aware of all relevant
audit information and to establish that the Charity's auditor is aware of that infomiation.
The Trustees, report was approved by the Board of Trustees.
Mr B Jones