RwJister•d number. N1037376 Charity number: NIC1018311 THE MARTIN RESIDENTIAL TRUST (A company limited by guarantee) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 IIOUSE BELFAST 2 6 AUG 2021 RECEPTION DES *JABNZZKX* JNI #109 COMPANIES HOUSE THE MARTIN RESIDEKfiAL TRUST IA company limited by gu•v¥nteel CONTENTS Page R•f•r•ne• and adminlstratlve d•tsSls of th• charity. its Trustees and adviser5 Tn￿tee￿. report Independent auditors. report on the financial statements ststem•nt of financlal acti¥itl•s 10 lance Sheet statement of cash flows 13 Notes to th• f￿ancial statsments 14- THE MARTIN RESIDENTIAL TRUST IA ¢ompany limited by 9uardntètl REFERENCE AND AOMINISTIIATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2020 Nigel McFarland Peter Grattan Dawn Bowers Lisa M¢Farland Robert Greer TThothy Martin James Martin. Chaima) CompaDy registered number N1037376 Charity rngistrred number NIC101830 R•gisternd oifK 48 Balware Road Glengonnley BT36 5HL Chi•f •xecutive officer Nigel McFarknd Indtpondent audlto UHY Hacker Young Frtch Limited Statutory Audrtors & Chariered ACC￿nI￿S 27.29 Gordon Street Belfast BT1 2LG Banker¥ Danske Bank Limrted 39 Mallu5k Road BT36 4PP Solicitors C*nptel Stafford s￿11)1015 1￿21 Stath)n Street Bdfast BT3 9DA Page 1 THE MARTIN RESIDENTIAL TRUST IA company limited by guardntetl TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2020 The Truslees presenl theÈr annual report together Ihe audrted financial statements ol ihe charty for the 1 January 2020 to 31 December 2020. The Annual report seNes the purposes of b)th a Trustees. report and a directors, report under company law. The Trustees confirm that the Annual report and finan¢ial slatements of the charIta￿e company compty wrth the currenl slalLrtory requirements. thè r￿UIrementS ofthe charrtable companys governing dc￿ument and the pmws*Jns of the Staternent of Recommerthd Pfach"￿ ISORPI applicable to charities prepariTrJ their accounts in xcordance with the Fina￿1 RekMyDng Stsndard appli¢able in the UK and Republic of Ireland IFRS1021 leffeclive 1 January 2019). Structure, govemance and managerrnnt •. Consti¢ulio The Martin Residen11￿ Tnjst is registered as a tharrtable o))mpany ￿MIted by guarantee was set LP ty Memorandurn of Assouation on 151h NoNEmber 1999. The charitable cornpany is a registered charty with the Charity Commiss*)n in Northem Ireland under number NIC101830 and is recognised as a charity by HMRC. number XN79517. b. Methods ofappoMth*ntoreleclion of Trustees As required on an ad hoc basis Ihe board members discuss the apwntrnent of polenb.al new members for ¥pF¥Jintm¢nl to the board. Suitable peO￿e are approached and if they are willing to serve ¢)n the board, their nomination is wt fonvard for approval by the board. There is maxwnum term ol office. c. Oryani8ational stNcture and decisionwmaking policies The board is resp)nsible for the re￿tW of all activities and approval of f(rture strategy. Meetings of board arè held a minirnum of th￿e tsmes per annvm. The genefal manager is resF4Jnsth for all day to day matters. d. Financial risk management The Trustees have asse55ed the rnajor risks to whKth the ¢h*ty is exposed, in particular those related to the operations and finances of Ihe chan"ty. and are 5ati5fied that 5y5tems and wocedures are in place to mitwJale exposure to the major r￿{5. Plans for fvluve periods The o)mpany intends to tryJikl a small faulity for the benefit of profoundly disabled people al some point in the fU￿re. and have invesle(1 ¢jeS￿n￿ed fvnds for purpose. M Ihe momenl there are no defini(e F4an5 OT commrtments in ￿re lo Iwild this new un Obp¢tive• and xtiviti¢$ a. Pollcles *nd obJt¢live8 T￿ objeclwes of the ￿7panY continued lo be th* of pro¥idiThJ lovir¥J care to people *ith profound le8rnitYJ disats"lth"es, vthich is achiNed through the runnin9 of a Ca￿ fa(iltty in Gkng¢ymbey. b. strategles lor achleving obje¢iives The Ma￿'n Residential Trust woyides 24 nursiNJ care and support to peop￿ wilh Profound and in many cases multiple physical disabilrtes at our Ca￿ fafilrty in G￿n90m￿y. We are experienced in supporting people who have conditKJns such as eylepsy. Alzheimerfs disease. aulisbc SFectrum di50rder. Down's syndrcThe, cerebral palsy, dysphasia and mLTrscJJloskelelal i*sorders. Pège 2 THE MARTIN RESIOENTIAL TRUST IA company limitèd by guarnntee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 21120 Objectives and activities Icontinuedl Activiti•s undertaken to achieve obiecti¥es Wrthin the Martin Res￿ntIal Trust, a￿ able to pro￿de a safe. suprxjrbve and caring envwonmenl lor vulnerable peorAe. The￿ is afvs a qualrfied nurse on duty 8nd we promde a high kvel of staffing in order Ihat ' we ¢an aF*)ropriately supp¢)rt kwjle w￿) have complex needs. We have stJrtalAe faul1￿.*S to assisl people who have phywcal di5abilib"es, indLxling overhead hoists and accessibbe transwrt. Vve also supporl people lo lake part in a full activity programme thal i% surted lo their indiwlual needs. ActMtEs can range from arts and Crafts, cookery. sensory activities. h￿rother¥pY $essK)ns and phY$￿therapY and Ihe persm's aclmty plan is surted t(> their assessed indivKlual need5. Our WKle lange of f￿1￿.eS and OLJr breadth of Èxper*nee mean thal we are able to be very responsive lo changes in a person's needs cw heallh. d. Public benefrt d•¢lavalion The direct publt benefit whith llows from our purpose is the provision of ac¢ommodalion and nursing care lor people liwng in Northem Irelaryj vtho have profound learnirrfJ disabilities. ¢. Main aetlvities undèrtaken to lurth•r the ch•rilYs purposès for thè public benefft The prowsion of 24 hour nuNrg ¢arÈ support to those people Irwng In NOrt￿M Irelarrfl throughout the year who have profund Eearning diabil￿"e$ is of direct benefrt to the pu￿1¢. These bÈnefrts can be demonstrated through, feedback frorn users and their ￿￿1￿¢$. rwrsThJ medThl a5se55rnent of heatth outcomes. and independent ev￿U01]on by regulalory bodies_ In providing nursing cwe there is a risk aswated with admir¥stering prescribed medi￿1 Irealment$ such as medianes aimed at treabThJ heallh ￿nd￿"On5. These risks are medully assessed and are oulweighed by the benefits to the ser￿e user. Th)se admini5teriThJ or V￿rkI￿a for the organisations rnay inchdentally benefrt from our purpose if their relalive receives nursing c3re. lfi such ¢ases the relative musl fulfill the requirements of admission and will recei¥p Fxeferential treatrnent. Page 3 THE MARTIN RESIDEIITIAL TRUST (A company limited by guarnnteel TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2020 Strategi¢ report Achievements and perfomHn¢e a. R•view of aclivilies The results for the year are set out in the atta(**d finar￿la1 51alement5. The resutts and thè financial position were ￿￿sIdered satisfaciory by the Twstees. Flnan¢i•l review a. Going concern At the current ts.me the UK is in the midst of ihe COVID-19 pandernic. which has introduced challenyès and restrictions on all aspe¢ts of our daly lives. The truslees have taken all precautsons nece55ary to ensure the heatth and safety of all of wr resitlents. staff and meM￿lS of the puts1￿. Given the uncertainty of when I￿rrent UK Gobtmmenl Cov1￿19 containment measures wil cease. rt is likely we will ¢ontinue to experience restittions in actiwty. The Chartty has sought to mil￿ale Ihe effect of the necessary restrictions on actmty by seeking to preserve cash and making Ltse of the CoronawTUS Job Retention Scheme. . While we wntinue to (4)eraiÈ wrt￿"n our bank faclths, cUrren￿Y we do not antiapate the need to avail of further support mechanisms. coMt>19 is expeded io have a si9rNfi¢aM impact on a¢tiwti"es for the remainder of 2021. However, we are confidenl Ihat The Trustees have tsken all act￿$ possible to mitigate the impa¢t on the char+ty. The Trusiees have con5Klered Ihe irnpact ol COVID-19 on the Chaws finanual perfomiance and cash Ilows. The Charity antvpates rt will operate wrthin rts ffaulit￿ and meèt rts obligatmins as they fall due. Consequently, the Truslees continue to adopt the going Co￿eM basis of ￿¢￿xInti￿3 in prepaM9 the annual finanoal ststement$. b. Reser￿ policy It is the poly of the charty that unrestricted furbjs Vthtth have not been desiynated for specific use should be maintained at a ￿Ve1 equivalent to beknn Ihiee arKI six month's expenditure. The directors consider that serves al ihis level wll ensure that, in the el￿nI ol a significant drop in funding. they will tre able to conts.nue the companls currenl aclmties Whi￿ congderation is gibEn to ways in whth addit￿n31 fiJnd5 may be raisèd. This level of reserves has been maintained Ihroughout the ￿r. c. Principal risks and ￿CertaInlIeS The Charity has re¢ognised Ihe risk$ posed by the ￿rrent COVID-19 pandemic and has imF4emented variaus ¢ontingen¢y rnea5ure5 and mibgats.ng actions to address ihe threat. Charty has implemented a cKJordinated busness respjnse and J5 takiThJ appropriate acb.ons for the Charty b85ed on UK Govemrnenl ath'ce. The heallh and well being of the Charitls resKlents. employees and suppl*rs conts"nue5 to be of paramount concem and arrangemen1$ have been pul in pl￿e lo ensure that the Char￿S premises remain a safe enwronrnenl for residents and staff. The Charity keeps the srtuation under daity fewew and will take al ￿CeSSary measures lo mamtsin the viabilty of the Se￿ceS probryded. This indudes the ￿￿r￿juS measure and acts'ons indicated under the Charitys as5e55ment ollhe alJ"ity of tre Charity to rx)nb"nue as a wng c￿nceM. d. Prin¢rp¥l tundiry The companls primary source of funding contiNed lo be from local Heafth Tnjsts. lemb•rs' liabllty The Members of the charity guarant￿ lo c(￿trI)ute an amount Trjl exceediThJ £1 to Ihe as5els of the tharity in the event of winding up. Page 4 THE MARTIN RESIDEIMAL TRUST IA Company lirnited by g￿r￿ntee> TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2020 ststement of Trnstees. ￿por￿•bIlItieS The Trustèe5 (who are also the directors of the charity for the wrpjses of company lawl are responsible for preparing the Trustees, re￿1 induding the Straiegic rèport and the fina￿al stalements in accnrdance with appliCat￿e law and Unrted ￿ng¢￿>M AccaxJnty"ng Stsndards (Urmled Generalty Aeeepled Accounting Practice). Company law re￿i￿S the Trustees to Prepare fmancial statements for each financial . Under company law, the Truslees musi not approve the finanaal statements unless they are satisfied that t￿Y give a true and fair view of the state of affairs of thè charity and of its incomirg fesourcks and applKation of resources, induding its in￿rne and expenditure, lor that period. In preparitvJ these finanoal statemenls. the Trustees are required to.. select suitable xcounting and then appty ihem consistenttr, observe the methods and princi￿eS of the Charities SORP {FRS 102)." make judgments and accoLJnting esb"mate5 Ihat are reasonable and prudent", stale whether appli¢able UK A¢¢wnting Standards {FRS 102) have been folbwed. subject to any matsrial departures disdosed and eX￿ained in Ihe finanual statements., epare the financtal stalement5 on the g￿ng concem basis unless it is inappro)riate to presume that the ¢hanty will cty)ts"nue in business. The Truslee$ *e ￿SponSibl* for keepiny adequate O¢Q)Lmlin9 records thal are suffiaent to show and exp￿in the chartys trans&titins and disdose *rylh rèasMab￿ aeeuracy at any time the finanoal posilion of the charity nd enabk Ihem io ensure that the financwl Slatements CoM￿Y ¥￿th Ihe Companies Act 2¢J)6. They are atso responsi1￿e for Safeguarding the assets of Ihe charity and hen￿ ft>r taknng reasonable sleps for preveniion nd detection of Iravd and other Trrregulanb"es. Db¢lostsre of InfornMtlon to audito Each ollhe persons who are Trustees at Ihe Imne when Ihis Tru*es' report is approved has confirmed thal.. so far as that TNstee is •*are, theie re￿vant aLMIrt inlLYmalion ol wh￿h the charitys audilofs are unaware, and that Trustee has taken all the steps that ought to have been taken as a Truslee in order to be aware of any relevarf audrt informatsjn aTrJ to e5tsbh5h that the chartys audrtors are aware of that infomation. Audito The auditors, UHY Hacker Your¥J Fitch Limiied, have induted their willingnes5 to continue in office. The designated Trustees ￿11 propose a mobon reappointiThJ tr* auditofs at a meetin9 of the Trustees. Approved try tyder Of￿ members of the board of Tlustees on 20 August 2021 and signed on their behalf by.. Nigel McFarland ITw$tsel Lisa McFarfand n￿tee> Page 5 Hacker Young Fitch Chartered Accountsnts BELFAST Gw(bn Stieet 27-29 Gordon Street Belfast BTI 2LG THE IAARTIN RESIDENTIAL TRUST PIK>ne +44 28 9032 2047 Emal bplfastQuhy-uk.com Web wMw.uhy-uk corTWodfa5t IA company limit•d by guarnnte•) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF THE MARTIN RESIDENTIAL TRUST LONDOPI 222 The QuadrarvJle Cambridge Squ L￿￿0Th W2 2PJ Fbone +44 20 7305 7489 Web ￿W￿.uh￿Uk.(O￿rVWé$tff￿￿5Ier Opinlon We have aud¢ted the finanaal stslements of The Marb"n Residential Trust Ithe '¢harity'} for the year en¥Jed 31 December 2020 which comprise the Statement of financial a¢b.V￿"e$, the Balance sheei. the Statement of cash flows and the related notes, inGludin9 0 summary of si9nificant ac¢ountin9 poli¢ies The financial reporting framework that ha5 been applied in their preparation is applicable law and United Kingdom Accounting Stsndards, including Financial Rewb"ng Standard 102 The Financial Repo￿"A9 Standard applicable in the UK and Republic of Irdand. (United Kingdom Generalty Accepted Accounting PraCt￿e). In ¢JJr opinion the finanual slatements.. give a tnJe and fwr view of the state of the ¢harrtable company's affairs as * 31 December 2020 and of ts incoming resources and ap￿iCatiOn of resour￿5. including its income and expenditure for the year then ended., have been woperly Prepared in accordance with United Kingdom Generally A￿pted Accounting Pracb"¢e". ar have been prepared w) accordance wth the requwements ofthe Companies A¢t 20C6. Basi5 for oplnlon We conducted our in accordance wrth lntemab.onal Stsndards on Audrting (UK) IISAS {UK)l and applicable law. Our responsibilities under those standards are fvrther described in the Audrt0rV￿ responsibilities loi the audit of the finan¢ial statements seGb"on of our reporL We are independent of Ihe charitable company in accordance wilh the eth￿al requirements that are re￿vant to our audrt of the financial slatemenls in the United ngdom, including the Financial Reporh"n9 Council's Ethical Stsnddrd. and we have fvifilled our other ethical responsibilrties in accordance wilh these ￿qUIreMents. We believe that the audrt evidence we have obtsined is sufficient and aFpropriate to wowde a basis for our opinion. Conclusions rnlatlng to golng ￿nCern In audibng the ftnancial sLitements. we have conduded that the Twstees, use of the going concem basis of accounting in Ihe preparation of ￿ f￿￿Th¢14 ststements is appropn"ale. Based on the work w2 have Fwfomied. we have not identffied any material uncertainties relating lo events or" con¢Jitions that. individualty or colleclivety. may cast significant doubt on the charrtable company'5 ability lo continue as a g￿n9 concern for a period of at leasl twelve months from when the financial slalemenls are aLrthorised for issue. Our responsibilibes antj the respons￿ilibe$ of the Trustees ￿ respect to goiNJ concern ale *Je￿ribed in the relevant sect￿n5 of this reporL iNYH*etYQm9 A¢th .P¥ YOU Amtrnterofthe CWARTEAED IN PEOPLE THE MARTIN RESIOENTIAL TRUST (A ¢¢mpany limit8d by guarnnt•*) INDEPEP4DENT AUDITORS. REPORT TO THE MEMBERS OF THE MARTIN RESIDENTIAL TRUST ICONTINUEDI Oth•r iTrforniation The TnJstees are responsible for the other infom)alion. The other infomation comprises the information cluded in the Annual report. other than the financral statements and our Auditors. report thereon. Our opinion on the financial statements does not cover the other information and, ex¢epl to the extent otherwise explicitly stated in our report, we tjo r￿t express any fom of assurance condusion theretsn. In connection wth our audit of the financial st*emenls. ¢)ur responsibilty is to read the other fom)alion and, in doing so. consder whether the other informats.on is rnaterially inconsislenl wth the financial statements or our knovledge obtsined in the audit or otherwse appear$ to be materially misstated. 11 we identify such material inconsistencies or apparent material misstatements, we are required to determine Vdhether the￿ is a material misstatement in the financBI statements or a material misstatement of the other information. If. based on the we have performed, we conclude that there is a material misstatement of this other information. we are required lo report that fact. We have nothing lo report in this reg¥d. Opinion on other mattern prescribed by Companle$ A¢t 2006 In cyjr ownion. based on the work undertaken in the Course of the aLAJ inftymation given in the Trustees. report induding the Strategic ￿port for the financial year for which the financial statements are prepa￿￿ is consislerrt ￿￿h Ihe financ￿1 statements. the Tru5tees' refvirt and the Strategi¢ report have been prepared in accordance with aP￿￿¢801e legal requ1￿Ments. Matt•r& on which TW• are required to rèport by •xc•plion In the light of our knowledge and understanding of the charrtable company and rts environment obtained in the course.of the audrt, we have not idenlrfie(I material misstalements in the Trustees, report including the Strateg report. We have nothing lo report in respect of Ihe fojbwng matters in relation to Companies Act 2006 requires us to report to you rf, in oUr.¢Jpin￿n-. adequate accounting re￿r￿S have not t)een kept, or retums adequate for our audit have not been received from branches not visted by us.. or the financial statements are nol in agreement wilh tr* accountir8 recNds and retums.. or certain disclosures of Trustees. remuneratv)n specified by law ate not made," or we have not received all the infomalion and explanations vo ￿qUIre for cwr audf(,' or the Trustees ￿tre not entstled lo p￿pare the financial slatemenls in accordance wth the sm811 companies ￿lme and lake advanlage of the small companies. exeMpl￿nS in preparing the Trustees, reporL P•Je 7 THE MARTIN RESIDENTIAL TRUST IA company Ilmit￿ by guaranteel INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF THE MARTIN RESIDENTIAL TRUST ICONTINUEDI Auditors. responsibilities for the audit of thè financi•l statements Our objective$ are to obtain reasonable assurance about whether the financial 5talernents as a whcle are free from material misslatemenl. vthethef due lo fraud or errty. and to issue an Auditors, report Ihat includes our opinion. Reasonable assurance i8 a high level of assurance. but Is not a guarantee that an audit conducted in accordance wlh ISA5 IUKI V•ill ahvays delect a material mL8slatement when rt exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of user5 taken on the basi5 of these fin￿¢131 5talemenl$. Irregularities. induding traud, are insts1￿$ of non-compliance vAth 1•4VS and regulab"ons. We design proce¢Jures in line %wth Lwr responsibilrties. QLrtlined above. to detect material misstatements in resped of ITregularities. including fraud. The extent to ￿lch our procedures are capable of detecting iffegulari(ie$, including fraud is detailed be￿>￿_ Our approach to identfying and assessing the risks of mèterial mlssts1em￿t in respect of irregularrties. indu¢Ying fraud and norKompliance vAth laws and regulaIK￿$. w4$ as folkA¥s. The engagement partner ensured that the engagement team ¢Olle¢tiVe￿ had the appropriate competence, capabilities and skills to Klentfy or recognise non•compliance wth applicab￿ law5 and regulations. As part of the audit in accordance wth ISAS IUKI we exercised profe55ionèl judgement and maintained professional $cepticism throughout the audit. We Klentified the laws and regulations applicable to the company through discussions with directors and other management. and from our commercial knowledge and experience of the se¢lor and we f¢xused on specffic laws and ￿gUlatiOnS ¢onsKlered may have a direct material effect on Ihe financial statements or the operations of the company. including the Companies Act 2006, tsx*ion legisLition and data proteth"on, antrbribery. empbymenl. environmertsl and health and salety legislation. We assessed the su5ceplitNlity of the company's financial Statements lo material misslatemenl, including obtaining an understanding of how frau¢J might 0¢￿r. by making enquirie$ of manageffent as to where they considered there Wds susceptibility to fraud. their kno￿edge of actual, suspected and alleged fraud and ¢onsidenng the inlemal controls in place to mrtvJate risks of frau*J and non-¢ompliance laws and regulations. We obtained an understandirvj of internal controls relevarrt to the audrt in order to design audrt procedures that were appropriate in the circumstar￿S txrt not for the purpose of expressing an opinion of the effectr"veness of the Company's intemal controls. To addre55 the risk of fraud through management bias and override of controls, we performed analytical procedures lo idenlfy any unusual or unexpected relalionship$', tested joumal entries to identify unusual transa¢tion$,' evaluated the appropriateness of a￿UntIng poli¢ie$ used. including managements. use of the going con¢em basis of acctyjnting, and the ￿asOnablenesS of accounts.ng eslimales 8nd related disclosures made by management.. and in¥esb"gated the rationale behind significant or unusual transact￿n$. In response to the risk of wregulanties and non