The
Lorimer Trust
Trustees’ Report
for
Year ended 31[st] December 2023
Registered Charity Number NI102135
The Trustees’ Report of the Lorimer Trust for the year 2023
Governing Document
The Lorimer Trust was created as a charitable trust by way of trust deed dated 29[th] September 1987, the settlor being Sir Desmond Lorimer. It is recognised as a charity by HM Revenue and Customs and by the Northern Ireland Charity Commission and is governed by the terms of the trust deed. The trust is registered with the NI Charity Commission, registered number NI 102135
Trustees
The Trustees who served during the year and continue to serve are:-
Sir Desmond Lorimer FCA
Lady (Patricia) Lorimer
Mrs Susan P. Crowe FCA (nee Lorimer)
Mrs Katherine A. Feeney (nee Lorimer)
The appointment of Trustees is governed by the Trust Deed and vests the power of appointment in the settlor during his lifetime.
There is no formal training given to the Trustees given the simplicity of the nature of the activities of the Trust but all Trustees are aware of their responsibilities under the Trust Deed an d relevant legislation and charities guidance.
Activities and Business Review
The Trust is essentially a small family trust created with the purpose of supporting charitable organisations registered in the United Kingdom and which are of interest to the Trustees. Support is achieved through distribution of funds to such charities.
The Trust does not seek to raise funds from the public and relies entirely on the income arising from the investment of the endowed funds.
The main activities of the charities supported during the year are:-
Health and Disability £12,100
Hospices, Home Nursing, Mental Health, Prevention of Disease, Rehabilatation, Carers and Research.
International Appeals £12,350
Response to appeals by UK registered charities for relief of poverty and distress caused by war and natural disasters throughout the world.
Youth and Homeless £6,250
Youth at risk, rehabilation, accommodation and education
Religion and Religious Tolerance £3.300
Promotion of religion and religious tolerance and understanding.
Sundry £3,050
Animal welfare, heritage etc.
Future Developments
The aim of the Trustees is to continue to grow the fund so that the Trust’s income would be sufficient to make more substantial grants for specific projects within the Trust’s objectives.
Going Concern
On the basis of the foregoing the Trustees are satisfied that they can confidently adopt the going concern basis in preparing the Annual Report and Accounts.
Public Benefit
The Trustees have considered guidance from the Charity Commission for Northern Ireland in relation to public benefit. The Trustees believe that the activities undertaken by the Trust in supporting recognised and authentic charities falls under the charitable purposes and aims of the Trust.