threefoldcord
(A company limited by guarantee)
ort of the Trustees
includin
for the Year Ended 30 June 2023
Directors, Re
ort
The trustees. who are also directors of the charitable company for the purposes of the Cornpanies Act 2006,
present their report with the financial statements of the charity for the year ended 30 June 2023. The trustees
have adopted the provigiong of the Chsrities SORP (FRS 102) "Accounting and Reporting by Charities:
Statement of Re￿rnMended Practice applicable to charities PTcparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and R¢public of Ireland (FRS 102)" (effective l January
2019) in preparing the anllual report and financial statements of the charitable company, which are also
prepared to meet the requirements for a directors, report and accounts for company and charity law pU￿Oses.
REFERENCE AND ADMINISTRATIVE DETAILS
Companies House Company Registration number
N1065442 (Northern Ireland)
HMRC Charity Registration number
XR99909
Charity Commission for Northern Ireland Registration number
NIC102228
Prinetpgl and Registered office
59 Haypark Avenue
Belfast
BT7 3FE
Trustees
The members of the Board during the year and up to the date of approval have been..
E H Harry Ferguson
Jonathan R Clark
Nibyel Glasgow
Raymond T H&rison
Mary E Mccauley
Donna Woolsey
Treasurer
Company Secretary
E H Harry Ferguson
Chief Executive Officer
Brendan Mccauley
Accountant
CG Taggart Accountancy Services
Chartered Accountants & Regist¢r¢d Auditor
17 Cypress Crescellt, Donaghade¢, Co Down, BT21 OQG
Solicitor
Maccorkell Legal & Commercial, Garvey Sthdi04 8 - 10 Longston¢ Street, Lisburn, Co Allti7￿ BT28 ITP
Banker
Bank of Irelana
University Roal Belfas¢ BT7 INH
Page I

threefoldcord
(A company limited by guarantee)
ort of the Tn￿te¢S
includin
for the Year Ended 30 June 2023
Directors, Re
ort
STRUCTURE, GOVERNANCE AI¥D MANAGEIIIENT
Governing document
The eh2ritable Company is controlled by its governing document. its Memorandum and Articles of Association,
and constithtes a limited company, limited by guarantee, as d¢fin¢d by the Companies Act 2006.
Governance of the Organisation
During the period under review the trustees met annually. Trnsteesldirectors are appointed by application made
in WTiting by the prospective trusteeldirector and approved by the Board. The business of the charitable
company is mwiaged by the Board, the members of which retire by rotation.
Trustees dclcgatc day to day responsibilities for running charitable coinpany to its Chief Executive Officer,
Brendan Mccauley, who is nol in receipt of a salary.
Risk management
The trustees have assessed the major risk8 to which the charitable company is exposed, in particular thos¢
related to the operations and finances of the charitable company. The trustees are satisfied that systems ate
in place to mitigate any exposure to major risks.
PUBLIC BENEFIT STATEMENT
The trustees have complied with the duty to have due regard to the Charity Commission for Northern Irelalld's
statutory guidance on the public benefit requirement issued under the Charities Act (NI) 2008.
OBJECTIVES AND ACTIVITIES
Objectives and aims
Our main aim Is to be obedient to J¢sus Christ who said in Matthew 6.33, Seek th¢ Kingdom of God above all
else, and live righteously, and he will give you everything you need. Our objective is the advancement of the
Christian faith worldwide. Our long tem] objective is, For the earth to be filleAI with th¢ knowl¢dg¢ of the glory
of the Lord as the waters cover the sea (Habakkuk 2.'14) Our short terni objectives are described by Jesus in
Matthew 28, Therefore go and make disciples of all nation& baptizing them in the narne of the Father and of
the Son and of the Holy Spiri( and teaching them to obey everything I have commanded you. And surely l am
with you always, to the very end of the age.
Aetivities Summary
Our basic strategy is to make our bodies a living sacrifice and actually meet and interact with real people. W¢
talk and teach and equip. We tell and listen to one another's stories and write academically and popularly,
We seek a transfomation in individuals. f￿nill¢S and Cominunities in Northern Ireland and globally through
dialogue and understanding in the context of loving and listening to your neighbour.
We aim to break down
the divith'ng walls of tradition, I￿oran¢t and suspicion. We hoEd ongoing cross community ine¢tings and
weekends where people interact and grow in tolerance and friendships with one another. Some even marry
one another. We encourage care and outreach for others less well off than ourselves.
Grant Making Policy
Our grant making policy is to help indiv1th￿IS and bodics who are sacrificially and seriously involved in
irnplementing the fvlfilment of Jesus, Great Commission to.. Make disciples of all nations (Matthew 28..19)
Page 2

threefoldcord
(A company limited by guarantee)
Re
ort of the Trustees
includin
for the Year Ended 30 June 2023
Directors, Re
ort
ACHIEVEMENTS AND PERFORMANCE
The principal pu4)ose ofour charitable company is to "do business" and advance the Cknistian faith until Jesus
returng. Jegug, last words were, It ig not for you to Imow the timeg or dates the Father set by his own
authority. But you will receive power when the Holy Spirit comes on you. and you will be my witnesses in
Jerusalem, and in all Jud¢a and Sanwi4 and to the ends of the earth. These words echo Jesus, Great
Commission in Matthew, All authority in heaven and on earth has been given to me. TherefoTe go and make
th'sciples of all nations, baptizing them in the name of the Father and of the Son and of the Holy Spirit, alld
teaching them to obey ¢v¢rything I have con)manded you. And surely I am with you alway& to the very end
of the age.
Nowadays, Christianity is out of step and out of favour with the wider cultur¢. OUT beliefs and concerns are
under attack in school4 universities, the entertainment industy and the media. It's even worse for our friends
in India some of whom are daily facing death. Recently Binu Thampy told us about hundreds of Christian
villages that have been burned down. The believers were forced to dig up their dead and cary them away in
carts when they were banished from th¢ir hom¢s by th¢ local 14indu radicals.
YeL Jesus's chur¢h has always outlived the many great empires with their philosophical and totalitarian
systems. The issues currently dominating our public thinking will be only half remembered phantoms in twenty
years from now, while Jesus's church will still b¢ flourishing. N¢v¢rth¢les& part of our mission is to edify
Christian believers. Consequently, our objectives are to encourage, support and equip the body of Christ
worldwide to share the love of God in practi¢al and spiritual ways.
To this end we travel, teach and demonstrate a dynamic ChrAstianity as espoused by Jesus Christ. Our desire
is to see our nation and the nations of the world reflecting the blessings, the prosperity and the values of the
kingdom of God through kingdom minded individuals who occupy positions of influence in the areas of
religion, family, education, gov¢rnm¢nL medi4 arts and entertainment and business.
This year, w¢ have ministered in Greece, Canadi Slovakii Englan(L Italy, Israel and Ireland. We have
especially supported India. We have g1s0 hosted ministers from other nations. We also held regularly weekly
cross community m¢¢tings and conianucd to att¢nd and support interdenominational equipping meetin8S
throughout the year. We continued with our prison ministy. Angela prayed with intersessors from India
and elsewhere. Brendan and Angela continued to write and Angela publish¢d a book called LookAi ihe Bird3'.
Wc continued to interpret dreams and encourage people to grow in their God given talents and various gifts of
the Holy Spirit. Our goal is that believers grow in hearing God's voice through His word and through His Holy
Spirit. This is so that we may do God's will. We know spiritual gifts are not for our own personal usc and
enjoyment. They are given so we may build up th¢ body of Christ. Brendan would especially like to write
ChrÈstian fiction in order to bring the reality of the present day ministy of the Holy Spirit to the attention of
wider public conllnunity. As C. S. Lewis wrote. Onward and Upward! To Narnia and the Northl
FINANCIAL REVIEW
Financial Position
The accounts deal with all the income and expenditure of the charitable company as well as its fmancial
position at the year ¢nd.
Funding sources comprised individuals who donat¢d to the charitable company.
Reserves policy
The trustees, policy is to retain a level of unrestricted reserves, which n￿tcheS the needs of the charitable
company both at the cll￿ent time and in the foregee261e flltllre. The Board has set a Reserves Policy wh¢r¢by
the aim is to have unrestricted reserves held by the charity at any year end sufficient to cover its modest support
costs and £2.000 direct trav¢1 costs. This ¢quates to approximately £4,500. Actual unrestricted reserves at th
year-end were £8.224 (2022.. £2.300).
Page 3

threefoldcord
(A company limÉted by guarantee)
ort of the Tnistee8
includin
for the Year Ended 30 June 2023
Directors, Re
FINANCIAL REVIEW
Going Concern
After making appropriate enquiries, the trustees have a reasonable expectation that the charitable company
has adequate resources to continue in operational existence for the foreseeable future. For this reason, they
continiie to adopt the going concern basis in preparing the financial statements. Further details regarding th¢
adoption of thc going concern basis can be found in the AccoLinting Policies.
STATEMENT OF TRUSTEES RESPONSIBILITIES
The trustees (who are also the directors of threefoldcord for the purposes of company law) are responsible for
preparing the Report of tlie Trustees and the financial statements in accordanee witli applicable law and United
Kingdoin Accouiiting Standards (Uiiited Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare fInancial statements for each financial year which give a true
and fair view of the state of affairs of the charitable company and of tlie incoming resources aiid application
of resources, including tlie income and expenditure, of the charitable CoMp￿]Y for that period.
In preparing those financial statements, the truste¢s arc required to
select suitable accoiinting policies and then apply them consistently.
observe the methods and Principles in the Cliarity SORP 2015 (FRS 102)
make judgemeiits and estimates that are reasonable and prudent.
state whether applicable United KingFdom Accounting Standards have been followed, subject to any
material departures disclosed and explained in th¢ financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that
the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable aecuracy
at aiiy time the financial position of the cliaritable coinpany and which enable tliem to ¢iisure tlial tlic financial
stateinents comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the
charitable company and hence for tsking reasonable steps for the prevention and detection of fraud and other
irregularities.
ACCOUNTANTS
The accountants, CG Tag8art Accountancy Services, will be proposed for re-appointment at the forthcoming
Annual General Meeting.
SMALL COMPANY PROVISIONS
This report has bc¢n prepar¢d in accordance with the special provisions of Part 15 of the Companies Act 2006
relatii)g to small companies.
ON BEHALF.OF THE B
Harry
Secre
uso
9 August 2023
Page 4