E D FORBES CHARITABLE TRUST FlfND ACCOUNTS YEAR EIWED 31 DECEMBER 2024 S D BROWN & COMPANY CHARTERED CERTIFIED ACCOUNTANTS PORTADOWN
TRUSTEES, ANNUAL REPORT FOR THE E D FORBES CHARITABLE TRUST FUND FOR THE YEAR ENDED 31 DECEMBER 2024 NORTHERN IRELAND CHAIUTY fquMBER- 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 2024. as governed by it's Trust Deed dated 8 May 2008. The principal address of the Charity is C/0 Wm. Sprott (Portadown) Ltd. Edward Street. 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 m¢¢t annually 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 ChTlStian 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 2024 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: 26 March 2025 Page 2
INDEPENDENT EXAMINER'S REPORT TO THE CHARITY TRUSTEES OF E D FORBES CHARITABLE TRUST FUND I report on the accounts of the Trust for the year ended 31 December 2024 which are set out on pages 5 to 7. li RESPECTIVE RESPONSIBLITIES OF CHAIUTY TRUSTEES AND EXAMllqER 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 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 g¢neral 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 inforniation needed for a proper understanding of the accounts to be reached. Page 3
INDEPENDENT EXAMINER'S STATEMENT J have completed my examination and have no concems 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: 26 March 2025 Page 4
E D FORBES CHARITABLE TRUST FUND ACCOUNTS INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 NOTES 2024 2023 tNCOME Interest on Bond Bank Interest 4.848 40 4,888 3,242 3,249 EXPENDITURE Bank Charges Donations 30 I,500 1,530 1.000 1,000 SURPLUSI(DEFICIT) OF INCOME OVER EXPENDITURE 3,888 1,719 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 2024 NOTES 2024 2023 CURRENT ASSETS Ulster Bank Limited Progressive Building Society 2,604 104,848 3,564 100,000 107,452 103.564 DONATIONS RESERVE ACCOUNT 107,452 103,564 TRUSTEE'S APPROVAL OF Accouwrs l approve these accounts for the year ended 31 December 2024 set out on pages 5 to 7 and confirm that I have made available all relevant records and InforntIOn for their preparation. MR GA FORBES ( TRUSTEE) Date: 26 March 2025 The notes on page 7 forni part of these accounts. Page 6
E D FORBES CHARITABLE TRUST FUrD NOTES TO THE ACCOUNTS YEAR ENDED 31 DECEMBER 2024 DONATIONS Oxfam Pretty in Pink Cancer Charity Portadown Festival Association 500 250 250 1,000 DONATIONS RESERVE AccouNr Opening balance Surplus (DeficRt) for year 103,564 3,888 £ 107.452 Page 7