tbreefoldcord
(A company limited by guarantee)
ort of the Trustees
includin
for the Year Ended 30 June 2024
Directors, Re
ort
The trustees, who are also directors of the charitable company for the pu￿seS of the Companies Act 2006,
present their report with the financial statements of the charity for th¢ year endcd 30 June 2024. The trustees
have adopted the provisions of the Charities SORP {FRS 102) "Accounting and Reporting by Charities:
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Repiiblic of Ircland (FRS 102)" (effective l January
2019) in preparing the annual report and fmancial statements of the charitable company, which are also
preparcd to meet the requirements for a directors, report and accounts for company and charity law purposes.
REFERENCE AND ADMINISTRATIVE DETAILS
Companies House Company Registration number
N1065442 (Northcrn Ireland)
HMRC Charity Registration number
XR99909
Charity Commission for Northern Ireland Registration number
NIC102228
Principal and Registered office
59 Haypark Avenue
Bclfast
BT7 3FE
Trustees
The inembers of the Board during the year and up to the date of approval have been:
E H Hary Ferguson
Jonatlian R Clark
Nigel Glasgow
Raymond T Harrison
Mary E Mccaulcy
Donna Woolsey
Treasurer
Company Seeretary
E H Harry Ferguson
Chief Executive oificer
Brendan Mccauley
Accountsnt
CG Taggart Accountancy Services
Chart¢red Accountants & Registered Auditor
17 Cypr¢ss Crescent, Donaghadee, Co DoNvn, BT21 OQG
Solicitor
Maccorkcll Legal & Commcrcial, Garvey Studios, 8 - 10 Longstone Street, Lisburn, Co Antrim, B T28 1 TP
Banker
Bank of Ireland
University Road. Belfast, B T7 INH
Page I

threefoldcord
(A company limited by guarantee)
Re
ort of the Trustees
includin
for the Year Ended 30 June 2024
Directors, Re
ort
STRUCTURE, GOVERNANCE AND IIQINAGElWtENT
Governing document
The charitable company is controlled by its governing document, its Memorandum and Articleg of Association.
and constittites a limited company, limited by guarantee. as defined by the Companies Act 2006.
Governance of the Organisation
During the period under review the trustees met annually. Trusteesldirectors ar¢ appoint¢d by application made
in writing by the prospective trustee/director and approved by the Board. Thc business of the charitable
company is managed by the Board. the members of which retire by rotation.
Trustees delegate day to day responsibilities for ruiming charitable company to its Chief Executive Officer,
Brendan Mccauley, who is not in r¢c¢ipt of a salary.
Risk management
Tlie trustees have assessed the major risks, to which the charitable company is exposed. in particular those
related to the operations and finances of the charitable company. The tnist¢es are satisfied that systems are
in place to mitigate any exposure to major risks.
PUBLIC BENEFJT STATEMENT
The trust¢es have complied with the duty to have due regard to the Charity Cominission for Northern Ireland's
statutory guidance on the public benefit r¢quirement issued under the Charities Act (Nl) 2008.
OBJECTIVES AND ACTIVITIES
Objectives and aims
Our main aim is to be obedient to Jesus Christ who said in Matthcw 6.33, Seek the Kingdom of God above all
els¢, and liv¢ righieously, and he WAII give you everything you need. Our objective is the advancement of the
Christian faith worldwide. Our long temi objective is, Forthe earth to be fillL'd with the knowledge of the glory
of th¢ Lord as the waters cover the sea (Habakkuk 2..14) Our short tem objectives are described by Jesus in
Matthew 28, Therefore go and make disciples of all nations, baptizing them in the name of the Father and of
the Son and of the Holy Spirit, and teaching them to obey everything I hav¢ commanded you. And surely l am
with you always, to the very end of the age.
Activities Summary
Our basic strategy is to make our bodies a living sacrifice and actually meet and interact with real people. We
talk and teach and equip. We tell and listen to one another's stories and ThTite academically and popularly.
We seek a transforn]ation in individuals, families and cornmunitics 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 divlding walls of tradition, ignorance and suspicion. We Iiold ongoing cross community meetings and
w¢ckcnds 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 individuals and bodies who are sacrificially and seriously involved in
implementing the fulfilment of Jesus, Gr¢at Commission to.. Make disciples of all nations (Matthew 28.'19)
Page 2

threefoldcord
(A company limited by guarantee)
ort of the Trustees
includin
for the Year Ended 30 June 2024
Directors, Re
ort
ACHIEVEMENTS AND PERFORMANCE
The principal purpose of our charitable company is to "do business" and advance the Christian faith until Jesus
retums. Jesus, last words were, It is not for you to know the times or dates the Father has 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 Judea and Samaria. 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. Therefore go and make
disciples of all nations, baptizing them in the name of the Father and of the Son and of tlie Holy Spii'it, ￿]d
teaching them to obey everything I have commanded you. And surely l am with yoii always, to the very end
of the age.
Nowadays, Christianity is out of step and out of favour with the wider eulture. Our beliefs and concerns are
undeT attack in schools, uijiversities, th¢ cntcrtainmcnt industy and the inedia. Tt's even worse for our friends
in India some of whom are daily facing dcath. 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 their homes by the local Hindu radicals.
Yet, Jesus's church has always outlived the many great cmpires with their philosophical and totalitarian
SyStem.s. The i88ues currently dominating our public thinking will be only half remembcred i)hantoms in twenty
years froni now, while Jesus's church will still be flourishing. Nevertheless, part of our mission is to edify
Cliristiaii believers. Coiisequently, our objectives are to ei)courage. support and equip the body of Clirist
worldwid¢ to sliare the love of God in practical and spiritual ways.
To this end we travel, tea¢li and demonstrate a dynamic Christianity as espouscd by Jesus. Our desire is to
see our nation and the nations of the worEd reflecting the blessings, the pr()sperity aiid the values of tlie kiiigdom
of God through kingdom minded individuals who occupy positions of influence in the areas of religion, t"amily,
education, government, media, arts and entertainment and business.
This year, we have ministered in Greece, Canada, Italy, England, Scotland and Ireland. We have especially
supported India. We liave also hosted ministers from othcr nations. Wc also h¢ld regularly weekly cross
ommunlty meetings and continued to attend and support interdenominational equipping meetings throughout
th¢ year. We continued with our prison ministry. Angela prayed with intercessors from India and elqewhere.
Brendan and Angcla continued to write and Brendan publish¢d a book called All ThL Dreams of,Sl Palrick.
Brendan also An¢ntored a few new Christian writcrs. He helped Canada's Lionel Batke publish God Has
pvken. The encouragement of indigenous writ¢rs and artists is a growing opportunity.
We continued to inte￿ret dreams and encourage people to grow in their Clod given talenLs 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
Sptrit. This is so that we may do God's will. We know spiritual gifts are iiot for our owti peiBonal use and
enjoyment. They are given so we may build up the body of Christ. Brendan has begun to write Christian
fiction in order to bring the reality of the present-day ministry of the Holy Spirit to th¢ attention of wider public
community. As C. S. Lewis said, 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 financial
position at the year end. Funding sources comprised individuals who donated to the charitable company.
Reserves policy
The trustees, policy is to retain a level of unrestricted reserves, which matches the needs of the charitablc
company botli at tlie current time and in tlie foreseeable future. Tlie Board lias set a Reserves Policy whereby
the aim is to have unrestriLt¢d reserves held by the charity at any year end sufficient to covcr its modest support
cost8 and £2,000 direct travel costs. This equates to approxtmately £4,000. Actual unrestricted reserves at the
year-end were £1.360 (2023: £8,224).
Page 3

threefoldcord
(A company limited by guarantee)
ort of the Trustees
includin
for the Year Ended 30 June 2024
Directors, Re
ort
FINANCIAL REVIEW
Going Concern
After making appropriate enquiries. the trustees have a reasonable expectation that the charitable company
has adequate resourccs to continLie in operational existence for the foreseeable future. For this reason. they
continue to adopt the going concern basis in preparing the fiiiancial statements. Fiwther details regiardin8 the
adoption of the going concern basis can be foiind in th¢ Accouiiting PoliLies.
STATEMENT OF TRUSTEES RESPONSIBILITIES
Tlie trustees (who are also the directors of threefoldcord for ihe purposes of company law) are responsible for
prepariiig tli¢ Report of tlie Trustees and the fiiiaiicial statemeiits iii accordance with applicable law and Uiiited
Kiiigdom Accountiiig Standards (Uiiited Kingdom Gellerally Accepted Accouiitiiig Practice).
Coinpany law requires tlie trustees to prepare financial statemeiits for each financial year which give a true
and fair view of the state of affairs of the charitable company and of the iiicominb¥ resources and application
of resources, includiiig the incotne and expenditure, of the charitable company for that period.
In prepariiig those financial statements, the trustees are required to
select suitable accounting policies and then apply them consistently.
observe the metliods and principles in the Charity SORP 2015 (FRS 102)
mak¢ jLidgem¢nts and estilTJates that are reasonable and prudent.
State whether applicable Uiiited Kingdom Accounting Standards have been followed, siibject to any
material departures disclosed and explained in the financial ststements. and
prepare tlie financial statements on the going concern basis Linless it is inappropriate to presume that
the cliaritable company will continue in busiiiess.
The trustees are responsible for keepiiig proper accounting records whicli disclose with reasoiiable accuracy
at any time the financial position of the charitable compaiiy aiid whicli eiiable thein to ensure tliat tlie fiiiaiicial
stat¢ineiits comply with tlie Coinpanies Act 2006. They are also responsible for safeguarding tlie assets of tlie
cliaritable coinpaiiy and hence for taking reasoiiable steps for the prevention aiid detection of fraud and other
irregularities.
AccouKfANTS
The accoiintants, CG Taggart Accountancy Services, will be proposed for re-appointment at the forthcoming
Annual General Meeting.
SMALL COMPANY PROVISIONS
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006
relating to small companies.
ON BEHALF OF THE BO
Harry Ferguson
Seoretary
6 March 2025
Page 4