E D FORBES CHARITABLE TRUST FUND ACCOUNTS YEAR ENDED 31 DECEMBER 2023 S D BROWN & coPANy CHARTERED CERTIFIED AccouwfANTS PORTADOWN
TRUSTEES, ANNUAL REPORT FOR THE E D FORBES CHARITABLE TRUST FUND FOR THE YEAR ENDED 31 DECEMBER 2023 NORTHERN IRELAND CHIIRITY NUMBER- 101792 The Trustees of the Charity who served during the year and still hold office are: Mr Anthony Forbes Mrs Margaret Forbes Mrs Suzanne Bennett Mrs Julie Forbes Miss Patricia Forbes The Trustees, Annual Report relates to activities carried on by the Charity from l January 2019 to 31 December 2023, as governed by it's Trust Deed dated 8 May 2008. The principal address of the Charity is CIO Wm. Sprott (Portadown) Ltd, Edward StreeL Portadown, Co. Armagh, BT62 3NB. The Purpose of the Charity The Charity exists to provide financial support to other Charities and Community Groups. Those organisations helped are within the voluntary and community sectors. The Trustees oversee funds held in two Bank Accounts which earn interest each year. The Trustees meet annlially to agree upon which organisations are in need of financial support. A list of those organisations supported during the year are attached with the Accounts. The Public Benefits derived from the Charity's Purposes In pursuing the purposes of the Charity, the Trustees have given due consideration to the public benefit guidance provided by the Commission. The Charity Accounts provide details of the organisations supported during the year. Those receiving financial support help beneficiaries in the United Kingdom in the areas of poverty relief, health. education and the advancement of the Christian Faith. The effects of these Charities are widely felt among the communities they reach out to. The Charities supported are well known within the community and websites and literature provided are evidence of the positive effect they have. Financial Review of the Charity The Accounts of the Charity as at 31 December 2023 show that its finances are in a strong position to continue providing financial support in line with its purposes in the future. Page I
The Charity does not have any debt. There are no private benefits flowing from the Charities purposes. Signed on behalf of the Trustees MR ANTHONY FORBES DATED: 19 September 2024 Page 2
INDEPENDENT EXAMtNER'S REPORT TO THE CHARITY TRUSTEES OF E D li FORBES CHAIUTABLE TRUST FufqD I report on the accounts of the Trust for the year ended 31 December 2023 which are set out on pages 5 to 7. RESPECTIVE RESPONSIBLITIES OF CHARrrY TRUSTEES AND EXAMINER As the charity's trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. 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 commission under section 65(9)(b) of the Charities Act state whether particular matters have come to my attention. BASIS OF INDEPENDENf EXAMINER'S REPORT li 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 given by the Charity Commission for Northern Ireland under section 65 (9)(b} of the Charities Act. My 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 63 of the Charities Act 2. That the accounts do not accord with those accounting records. 3. That the accounts do not Comply with the accounting requirements of the Charities Act 4. That there is further information needed for a proper understanding of the accounts to be reached. Page 3
INDEPENDENT EXAMINER'S STATEMENT li I have completed my examination and have no concerns 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 require drawing to your attention. Samuel David Brown, FCCA S D Brown & Company Carnegie Building 25-27 Edward Street Portadown Co. Armagh BT62 3NE Dated: 19 September 2024 Page 4
E D FORBES CHARITABLE TRUST FUND AccouNrs INCOIIIE AND EXPEIYDITURE ACCOUNr FOR THE YEAR ENDED 31 DECEMBER 2023 NOTES 2023 2022 coTrtE Interest on Bond Bank Interest 3,242 400 3,249 403 EXPENDITURE Bank Charges Donations 30 1.500 1,530 450 450 SURPLUSI(DEFIcfr) OF JI¥COME OVER EXPENDITURE 1.719 (47) The notes on page 7 form part of these accounts. Page 5
E D FORBES CHARITABLE TRUST FUND ACCOUNTS BALANCE SHEET AS AT 31 DECEMBER 2023 NOTES 2023 2022 CURRENT ASSETS Ulster Bank Limited PrOeSSive Building Society 3,S64 100,000 1,845 100,000 103,564 101,845 DONATIONS RESERVE ACCOUNT 103,564 101,845 TRUSTEE'S APPROVAL OF ACCOUNTS l approve these accounts for the year ended 31 December 2023 set out on pages 5 to 7 and cOnfM that I have made available all relevant records and infOrntIon for their preparation. MR GA FORBES ( TRUSTEE) Date: 4 September 2023 The notes on pag¢ 7 forn) part of these accounts. Pgge 6
E D FORBES CHARITABLE TRUST FUND NOTES TO THE Accouwrs YEAR ENDED 31 DECEMBER 2023 DONATIONS Oxfam Pretty in Pink Cancer Charity Portadown Festival Association 1,000 250 250 1,500 DONATIONS RESERVE ACCOUNT Opening balance Surplus (Deficit) for year 101,845 1,719 £ 103,564 Page 7