EIODUS TRU.ST Ill CO.IIP&lNI' l.IhllTED DI GUARAKfEE) I'EAR ENDED 31 AUGUSI 2022 TRUSTEI Ei S, REPORT (INCLUDING DIRECTORS, PORT) The TnJsl¢es presenl their report and audited financial statenienls for the year ended 31 August 2022. The fiiii< ncial slaleniejils Iiave been prepared in accordance ivith ihe accoiinling policies set oiil iji Il)e iiotes lo the fin¢1nci%il slalenienls and comply ivilli the cliarity's MeIiioTaiiduJn and Article5 of Association, Ilie Charities Acl (Noriliern Ireland) 2(K)8, Charilie.s Act (Norihern Jreland) 2013. Tl)e Clidrilies (Accounls and Reports) Regulalioiis (Northern Ireli¢ lid) 2015, Con)PL11)ies Act 2006 and Accoiinliiig aiid Reporting by Charilies: SiateEiieiit of Recoiiiiiiended Prnclice applicable to cl)(Irilies pi'epai'ing tlieir accounts iii accord4111ce ivith Ilie Fiiiancial Repoi'lino Slrfiiid41rd applicable iii Ihe UK Iiiid Repiiblic of Ii'eland SORP 2019 (FRS 102). STRUCTURE, GOVEI RNANCE AND MANAGIMEI NT Exodus TrLisI is registered chi1rily iviih the Chariiy Cornmissioi) for Noi'iliern Irelaiid and d Colllpally lii)iiled by g1142raniee. registered in Northern Irel41nd. The coii)pAny ivas iiieorpornied 0116th August 21x17. Th¥ company iv1 esl<iblished linder a meiiior4iiiduiii of Association ivhich eslablished the objects E1T)d poivers of Ilie ¢oii)pany and is governed by ils Arlicles of Associ¢1tion. The liability of ils niembei's is imiied in Ihlll every Iiieiiiber of the coiiipaiiy undertakes lo coniribiiie <lll 1111i0uni not exceeding £ l in tlie eveiit of the conip1¢ ny being ivoiind lip. Refereiice aiiil a(IministraliYe (letails The registered Iianie of Ilie charily is Exodus Trusl. charily regislrillion niliiiber: NIC 102463 aiid COl))P¥1ny regisiralion nuiiibei.. NI 065788. Registered olet Clilef Executlve Offlcer 29 Rciilivay Slreel, Lisburii, BT28 1 XP. Mr J Brown UK & Ii'elaiid Dlrector Mr J Ciiinniings Jackson Andreivs, Chartered Accounl4inls & Sl4?lulory Auditor 6 Maiideville Meivs, PoTladoiYJi. Co. Arniilgh, B T62 3NS Bank of Ireland, 2 The Diamond, Coler<iine, BT52 1 DE McFarlaiid Grahaiii Mccoiiibe. 41-43 Bachelors Walk. Li5burn, BT28 IXN Audiloi. BAiikers Sollcltoi's Trustees The TrLisl¢¢s, Ivho arc iilso Ihe direclors for ihe piirpose of coiiipany laiv, and ivho served diirlng ihe ye&ir ivere.. Mrs C Aiken Mi. D Keys Mr A R Lynas Mr P R LyI)as Mrs G A Willierow Mrs L Bell Mrs L R Lyiias Mr S J Richniond Mrs K Welsli (resigned 6 December 2022) (resigned 17 February 2022) (resigiied 13 October 2022) (appointed 17 February 2022) Dr C Agiieiv and Mrs G Maxivell ivere appointed Iriistees on 6 DeCen)r 2022.
EXOI)US TRUST IA CO,IIP&lNY l.IhifTEDBY GUARANrv.L) YEAR Tr:NDED 31 AUGUST 2022 TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) STRUCTURI, GOVIRNANCE AND MANAGCMEtNT (CONTINUfD) Trustees (ctsiiliiiiied) Neiv Triislees are appoiiiled ivhen iippropriate. Suilable candidales are considered on ilie basis of their skills, exi)erience and syiiipaihy iviih Ihe ilillis of Ilie charily to ensure Ih&l1 they al-e coiiipetent to fulfjl Iheir role. Neiv Th'LlStees ivill be agreed al a board nieeling before being invited to join. Ti'&1ining ai)d suppoi'l for Trustees is provided as required. Ilow tlie charlty iiiakes (leei51ons The Trustees and execulivc iiiailageiiieiil nieei 3 10 4 liiiies a year to sel strategy. disciiss significi111t niatlers 42nd reviciv inanageTiienl accouiils for Ilie charily. Dui'ing these iiieeliiiBS jIllPOrtaiil decisio)Is are m¢lde by coi)sensus of the board. D4iy lo day decision 111<1king responsibililies rfire delegated lo the ch¢1rily'.s .senior iiianageiiienl leai)i and ils deparlnieiilal leaders. Reniuiiei'allon of key niaiiagenient The Trusiees sel the Pliy for k.ey iiiaiiageiiienl al a level Ihey believe reflects ilie Iialiire of the i'ole aild Ilie level of responsibility involved. This is revieived aiiiiually in lighi of current perforiiiaiice, cost of liviiig and budgetary coiisidei-alions. RelAtlonslJlps ivitli related partles The charity requii'es Triisiees to con)plele disclosure of interesl fornis on appoinlii)eIil and lo iipdale these ¢1S required in order io idenlify potential relaled parlics Ihlll n7ay require disclosure iii Ilie fiiiaiicilll sl¢11ements. Tliis disclosure llnd il descripiioii of Iliose re111 ted Pllrties Clln be found al Iiole 25 to Ihe financiAI stalenienls. Ad(lilional i'elAted partles Aiken & Co I.l.P are eiig<iged oiir accountaiils aiid a parlner in ihis rim) is i))arried to Claire Aiken, one of the ch4qrity's Ti'tsslees. OBJECTIVES AND ACtIVlTILS Tlie princip471 aclivlty of Ihe ¢h¢lrily is lo advaiice the Chrisliaii religion and proIiiole the benefit of youiig people prim(Irily but iiol exclusively in Ireland. We i?r¢ a cliarity 11)at ediicclles and assisls such young people, ieSpective of tlieir religious beliefs, Ihi'ough their leisure-liine activities so as lo develop iheir physical, ii)¢nlal aIkd spiriiual capacilies Ihiil they ii)ay grow to full iniilurily as individuals and inenibers of society. Iii particuli, Ive: Provide fd1cilities for recrealion or oiher leisure tiine occupation ii) the interest of social welfare for young people in Irell& nd iviih the object of iiiJprovii)g the coiidilions of life for sucli person5; Provide 1< 11 <ilcohol aiid drug free ¢ro8s comniunily environiiieIil for Ilie spiritlliil, Sociiql and pI)ySlC<111'ecreiilion aiid Iraining of young people iviih Ihe object of iiiiproving the condilions of life of siich yoiing people; Piovide progfiommes of n)entoriJ)g and small groups whereby young people can learn from and be supported by older people and so help achieve their full educational and persoilal polenlial. We also provide developnienl aid and support lo local coniiiiuiiilies. priniarily biii not excliisively in developing coiinlries, for tlie furtherance of the relief of poverty, the advaiicenienl of edtication aiid oiher purposes beneficial lo these I11 cojimnunities.
EXODU.S Tllus'r (A CO)IPANY LlhllTED IJI. GUA]IANfEE) IEAR ENDTr,D JJ AUGUST 2022 TRUSTEfi S, REPORT (INCLUDING DIRECTORS) REPORT) (CONTINUED) OIIJECTIVES AND ACTIVITIKS (CONTINUED) Exodus ivas esl<iblislied in Portsteivart, Northern Ireland in 1997 #nd our vision is to see generaliojis of youiig people boldly folloivlng Jesus aiid becomiiig lifelong disciple 1114ikers. We currently ivork" 1¢ loJ)gside youn8 people. disciple niakers. chiiithes and conimui)ilies in li'eland, Huiigary iiiid RoiiiaiJi<?. We see our role as r¢iisiJig up yoiing people who ivill live oiil a bold ai)d aciive Cl)iislian fnilh ivhere they live and throiigh 25 years ol disciplc Ii)aking, Ive have joiirneyed i%'illi over 15,000 youiig people and leaders. We offer four primary opporliinilies fiill of depth. fun aiid dventU. I. TEAMS - Unforgeiiable sii11&11 group Iidi'eiilures coii)bii)ing discovery, friendsl)ip and ini.ssion. 2. EVENTS & RESIDENTIALS - Full, ii)lenlional aiid cre4ilive opi)orluiiilie8 ivhicli build coimmiinily and cre4ile discipliiig iiion)eiils. 3. MENTORING - Deep discipliiig relaltonships beiiveen youiig people and older Christians. 4. TRAINING AND RESOURCES Cre11 live 11111 lert<l1.s and ivoiK"8hop.$ 10 equip le¢1d¢rs, pareiits and youiig people lo iiiake disciples. GrAiit iiiaking pollcy Tlie cliariiy 11147y provide some finaiici411 assislaiice to or8anisalioiis Iliii l il believes ivill advance its oiperall objectives. Prin)arily Ihis is directed lo our sister org4inisalioi) 'Exodus CEE" operalii)g in Hiingary and Roiiiani2¢ . Use of volui)teers The chai'ity conlii)ues lo rely on ihe iyork of voliinleers ivho assisi in office odihinislrsilive roles, help al v(Irioiis eveiils Ihroiighoiil Ilie year <2nd lei2d Ihe le<1ms ivl)ich nieel Ilirouglioul Ihe year and ITiivel dui'ing the siiiiiiiier. We esliii)ale a conlribiilioii oral lerfisl 45.51K) volunieer llours in 2021122 eqiiivalent 10 £568,750 ai ail iiveri1ge hourly Tille of £12.50. Fiill Tliiie.8elf Fuiided Voluiiteers - e.g. Mi5.sionarAes & Interns - 18.IM)O hours ReEiIIAr & Sesslonttl Yoiith Ivoi'k Volunteers - e.g. Team leaders & iiienlors - 25,000 hours Regulai. pxi* tlfftiie supi)oi't voluiiteers- e,g. Flnancial & Adinin Siipporl - 2,5(X) hoiiys PUBLIC BEI NfFrr STATCMINT The Board of Exodiis Trust confirni Ihal they have had due regiird for the guidance produced on piiblic benefit by the Charity Cominission for Northern Ireland and c1re pleased io Teport Ihi( I during Ilie ye1( r the chLlrilable conipany h1¥ s coiilinued io provlde public benefjls lIoUgh Ihe prograiiiine8 aiicl services we offei.. II) P41rticiil¢ir, Ilie directors ¢oiisider how plani)ed aclivilies ivill conli'ibule to the 1¢ inis aiid objectives they have sel out. Public benefsts The iruslees believe that boih our purposes .salisfy boih elenieiits of ihe piiblic benefit requireiiient. Piiryose l.. The direct benefils ivhicli floiv from this puq)ose include: The opportiinily lo consider, celebrale and express ilie Chrislicin faith. The 1& doptioii of il morqil franieivork folloiving the leacliiiigs of Jesus. This includes proiiioliiig peace, iiieeting the i)eeds of others, lolerance cind respeci for diversily recognising all 4iS being created by God i1nd therefore all are equal. The provision of Cljrislian religious educc?lion. Provision of Iraii)iiig nd sK"ills developiiienl linked lo Exodus proorammes thai iyill have aid oIigoing coiiIEKlence in areas such as public speaking. groiip facilitation. good Pnciice in youth work, leadership, eveiit nianagenient aiid teaiiiivork".
EXODUSTRUST IA CO,IIPANI' r.IhItrED BY GUARANtEE) YEAR ENDED 31 AUGUST 2D22 TRUSTEES, REI PORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) OBJECTIVES AND ACTIVITJLS (CONTINUED) Public benefits (continued) - The provision of youth cenlres and activities opeii to all whicli encourage social contacl aiid inleractioii Iviih il positive ethos. The i)rovisÉoii of volunleeriiig opporlunities iviihiii cenlres and I(al coi)Iniunilies. These benefils are denionslraled Ilirough stories recorded froni participanls aiid rtner organisalions, feedback fi'oiii voliinteers, quartei'ly iipdales and Ilic aiiiiual report. Iii providing Ihes¢ bei)efits, Exodus seeks to share the core tenets of the Chrislian faith, however, il ivill iiol condone aIiy acliyilies ivhich put uiidue pressiire on Individuals lo laK"e on Ihese beliefs. The beiieficiaries of this piirpose are young people liviiig in Ireland Aged 15-25, There ivill also be a diTeci beiiefil lo youth leaders Irained in roles, ,111 iIidir¢cl benefit lo the f4iniilic.s of youiig people and a ivider benefil lo the local coiiiiiiiiiiilies. A i)I'ivale beiiefil lo staff ivill &1rise as Iliey are patd <iiid lllso Irained lo carl'y out Ilie role bul Ihis is neces8¢1ry c lid iiicidei)l&il aT)d Pciyiiienl Is iii liiie ivilli appropri¢il¢ levels of reiiiuiieralion. Aiiollier priv¢11e beiiefil floiyiiig frojii this purpose is Il)at gaiiied by 11 Tnislee ivho also lias a leenage child ivho lake8 pai'l iii aclivilies. This Ii'iislee applies for and is assigiied places iii Ihe saiiie ivay 41S lill oiher beiieficiuries. This b¢i?¢fil is incidciilal and iiecessai'y lo ejisure Ilie bcJ)efil is tx'ovided lo oiir beneficiai'ies. Piiryose 2.. The direct beiiefils ivliich floiv froni Ihis purpose iiiclude: The provision of practical repairs. niaiiilei)ance and food dislribiilion lo care for those iii iieed. The provision of Christian religious educalioIi. These benefils are dei))oiislraled Ihrougli siories recorded froiii participaiils aiid Pl& rliier orgrfinisaiions, feedback froin voliinleers, qiiarlerly updates and Ilie ai)niial report. In providiiig these beiiefils Exodus seek.s lo shal'e Ihe core leiiels of the Chrisliaii f4iilh, however il ivill iiol condoiie aiiy activities ivhich pill iindiie pi'essure OI) individuals 10 lake on Ihese beliefs. The beiieficiaries of this purpose are iiidividuals aiid coIiiiiiunilies priiijarily bul iiol excliisively in developii)g couiilrie5. ACHIEVEMENTS AND PERFORMANCE Marcli 2022 Tepresenled 25 years since ihe Exodiis ivas foui)ded and ive h4ive been able 10 enjoy a speci<il year lo inark the occasion! Beliveen I September 2021 aiid 31 Aiigusl 2022, Exodus slaff and voliinleers in Ilie UK & Irelaild delivered 489 unique Iiiinislry opporliinilies and experiences to an aniaziilg 12619 pJi'licip&i)Is, These ivere delivered across oiir 6 localion5 Coleraine, Lisburn, Derry, Belfast, Currick, Baiibridge aiid represeiil significaiit celebraiioii. Teanis 49 Teaii)S <111d 420 P£qTlicipants Teaiiis represenl our core youih niinislry aclivity represen111 an iiivestii)ent of at lea51250 houiE ITI each P*irli¢ipi1111. This year saw teams return lo interiiational voluiileering (alongside Jiiuliiple groups serviiig in Irelaiid) and partlclpiltion nuiiibers increase by 12% (althougli still Short of ihe pre-covid level of aroiind 420).
Tr.XOI)US TRUST (A Coll IPANI. LINirrED BY GUAKANrF:fr') I'fr.AK Tr.NDED JI AUGUST 2022 TRUSTEES, REPORT (INCLUDENG DIRECTORS, REI PORT) {CONTINUED) ACHIEVE11 NTS AND PE4 RFORMANCE (CONTINUED) I vents & Resldenllals 426 events <2nd 11917 participants Events t1¢ke either an oulreacli focus enabling young people io coiinecl iviili peers cind Ihe oi'gi2nis¢ltion foi. the first liine or a discipleship focus ivhere the priorily is investing in young people Ivho are keen to develop thetr fJilh. Tl)is year has seen 11 .signific?( nt groivih in our school's ivork ivliich represenls 30% of these participants aiid incliides a ivide riinge of aclivilies includiiig Asseinblies. Clwislilin Unioiis. Alpha courses Klnd our neiy SOAR leadership coiirse. Mentoi'ing Meiitoring for Iipprox 60 young people Mentoring rcniilil)s a prioi'ily for our approach lo youili iiiiiiislry, hoivever reslarliiig activilies post- Pli ndeniic has required greater efforl in our leaii)s ai)d iiienloring and seeii this restart IllOTe sloivly. Ti'aliilng & Resoureing 350 youth leaders trained aiid 2501)arliier i1Ctivilies Over 50% of oiir <iclivities ivere Ci1rried out in Pi1rlnei'.ship iviih one or ii)ore chiirclies or organis¢11ion8. This i'epresenls <7 sigiiific1L Iii liighlighi in our aiin lo Iraii). equip and r¢leilse oihers as Iliey work ivilh yoiiiig people. Olliei. Higliliglits & Aclileveiiieiils Neiv Ai'eas - Exodus Ilelfcisl found a honie in Si Andreiv's presberian chui'ch and Exodus Ci( rrick ii)oved lo creiiliiig consisleiil oppoi'luiiities Iliroiighoiii Ihe year. SOAR coui'se - Developiiienl aiid roll oiil of a neiv 6 session self-leadersliip progranlme for school pupils. Wrfftlleii in liiie iviih Ihe LLW curriculiiiii aiid Llsbui'ii Ceiitre Refurb - After l O years.lhe ceiilre ivas renovaied to create 1¢ lighier, brigliier space Ivilli a iiiore ii)ulii-fiiiiclional approcich lo reflect Ihe ivider raiige of opportuiiiiies ive noiv deliver. ioun(liiig of Exodus Latvla - Our sister organisalioii Exodus CEE ivork'ed iviili parlners in Li?Ivia lo establish the niinislry Iliere beginniI)g iviih leiims iiicliiding over 90 p47fiicipaiiis! Drive 25 - To celebrate oiir 25 years, Jiiii Broivn (CEO & founder) drove to RoJi)ania and I'L ised £15.(M)O lo support £1nd inspire a grealer focus on outreach. FINANCIAL REVIEI IV Tl)e deliiiled fiiiancial resulis for Ihe year ended 31 August 2022 are shoivii oli page 17 of the finaiicial staleiiicnls. The i)el incoii)e for Ihe year Lliiioiinled lo £76.472 {2021- nel expenditure of £15,292). Ai 31 Augiisl 2022. the fiii)ds of the cliL1ri1y aniounled to £589,400 (2021: £512.928) coinprising iiiiieslricled i ncoine fuilds of £559.102 (2021: £476,479) unr¢slri¢led designated fiinds of £Nil (202 I: £Nil) and reslyicted funds of £30.298 (2021: £36.449). Ai 31 August 2022. fIxed assets included iviiliiIi iini'eslricled fuiids are £248.549 (2021.. £245,830) ind iviihin restricted fiJnd5 al'e £16,215 (2021." £12,008). AI 31 Aiigiisl 2022. free reserves being total funds afiet dediicling reslricled fund5, desigiialed ruiids ai)d fixed <issels are £310.553 (2021: £230,649). Principal Soiirces of liicoiiie Olir pi'liicipal SOrceS of inconie came from: Geiiei'ated - 20Yo - Coi)Iribiilion5 froii) participanls toivard I1[r ini'olyemeiil in opportunities Coiiii)iitted 28V Pledges & standing orders from churches. trusts & individuals Oi)e Off - 400/0 Linke<l io project grai?Is & don1¢ lions froim individu2d Is & chui'ches - iiicluded a on¢- off appeal for Ukrainian partnS working ivith fii(rees. (Also includes Gift Ald). Team fiiiiidrAlsliig . 12Q70
.XODiiS TRUST IA CO,%IPANI' I.INIIA'fr.D IIY GUARiiNfEEI I':AM Tr:h'DLD 31 AVGUST2022 TRUSTEI ES, REPORT (INCLUDING DIRE CTORS, REI PORT) (CONTINUED) rtlNANCIAL REVIEIV (CONTINUED) I xpenditure Olir priiiiiiry areas of expenditure are linked io: Salaries 40% Priniarily front line youih WOTk" investing in voliinieer leaders & young people (including suppon for Exodus CEE (sisler organisalion) Teani Costs - 2110 Flights. accoiiu)iodalioii & i)iat¢rials - Youth Minlslyy Costs- 10 % Ruiiiiliig Costs - 9Q/ Oiie Off - 20% - Ukraine Appe2& l & Centre renoviilion Resei'yes po]icy and goiiig eoneern The charily's reserves sliould provide tlie org.IlliSlllion iviih adequate financial stability and Ihe J)ielrf ns for it lo Ineel its ¢h¢iril&1ble objectives for Ihe foreseeable future. The Trustees iiileild lo maiiilain the ch4irily'S reserves at level ivhich is al lecisl equiv<ilenl to three i))onihs operaiioiial expeiidilure and have done so h<iving regards lo ils manner of operntion of likely fiinding Slrei?IllS. Tl)e board iyill revieiv the re8erves lo ensure Ihat ilRy are adequaie to fulfil the charity's ¢oniiJiuiiig obligations on ai) aiinual basis. Of the lolal funds reported above, £309.288 (2021: £243.972) is Jnade lip ofcii sh nl bil nk. The Tnislees are coi)fidei)I that the Clish reserves, logeilier iviili expected fulure ineoiiie, Ivill be sufficieiil to iiieet the woi'king capi11( I requii'einenls for ihe forihcoliiiiig year. The Truslee have also considered the exlenl io vhicli existing activities coiild be curtailed, sliould Ilie need arise. Tlie level of reserves incre%ed due lo a Iiiiinber of signifjcllnl eveiils: A Covid Recovery Programnie Grant - received againsl losses. Ali unexpected and iinreslricled legiicy gifi A nuiijber of gr47nls or conlribuiions CeiVed in advaiice of developnienl ivork in the ii)comiiig year for projecls iiicludiiig Neiv siiiall group niiilerials Upd4lte of Mentoring App tA)Ccil Outreach projects We expecl to speiid inuch of this allocation in 22123 ivhich ivill create deficit for the year and see the casli reserves in line iviih wl)ai Ihe trustees 11re expecting. Factors AfTectlJig Fulure Flnaiiclal Performance t£vel of inflation liiiked lo cost of iilililies and cost of international Iravel l£vel of P1( rlicipation in oiir leanis prograjiiine Success of 41 siiiall niiinber of specific Granl applications Consistency of larger ongoing doiiors Rlsk MaiiRgement The Trlislees h7ve &ssessed Ihe 11i&1jof ii5k-s lo ii.llicli Ihecharity is exposed, aJ)d are salisfjed Il)at sysleIi)s are iii place lo niiligale exposure lo the iiiajor risk-s. The Trustees iiiainlaiii a NvritteI) risk regislei ii) order lo docuIiieiil aiid revieiv identified risks. The piincipiil risks conliniie to be- Operational strain caused by changeover of personnel The need for a iiiore coii)preheiisive approach to fire .8afely Jnanlc genienl- and The challenges of ivorkiijg froin aiid maintaiiiing a large listed building in Lisburn.
EXODUS TRUSf IA CO,%IPANI' LIhllTEDBY C.VA]blNTTr.Tr:) YEAR ENDED 31 AUGUST 2022 TRUSTEES, REPORT (INCLUDING DIRECTORS, REI PORT) (CONTINUED) rilNANCJAL REIVIEW (CONTINUED) Plans foi" tlie futui'e Ii) Marcli 2022 Exodus released a neiv 3 year plan lo coiiuilence in Septeiiiber 2022. In i'espoiise 10 a shift of young people aivay fron) Ihe Clirislian laith aiid ehurcli life ive h2( ve set our 3 pi'iorities REACH, DISCIPLE, PARTNER. As such we recogiiise the need io accelerate the developiiienl of oppoituiiilie5 and slep inlo neiv areas lo support great youth inii)iSlry. Our tivelve developniei)I goals dre l. To eiiiploy a neiv, fully fund¢d worK"er for Exodus NE focused oji Te1¢ ching neiv young people. 2. To pilot a te4?In oppoi'lunily liiiked 10 le.Idcrsl)ip dei'elopiiieni ihai appeals Io 12nd eiigciges tliose Ivlio aren'l Chrisli<gns. 3. To catl£ lyse a range of iieiv dl)d crealive oulreach iiiilialives pioneeied by our b¢1ses. 4. To deliver I'eshaped ai)(I re-branded inlern prograiiime iviih an inteJilion11 I fociis on disciple 11)¢ik"iiig leadership developiiienl. S. To ci'ecile a lull Sel of leaiii coiirses - re-wrillen, disiially delivered. 6, To build a slralegic Iipproiich to developiiig innovative and advenliiroiis placeiiieiils for leaiiis. 7. To build and1i1lll)cli a neiv iiiodel for Churcli coi)Iiiiissioned Lxodus ivorkers ivho reach local youiig p¢oplL ivill) Ihe gospel r42ise lip lifeloi)g disciples of Jesus. 8. To11d iinch a niiiiislry 10 Iielp fathers disciple Ilieir children 9. To appoiiil a ivorker iyho will unlock Jylore of Ihe poiential of Ik ivilh Me Ihi'ough refining tlie process aT)d largeled iiivilnlion, Iraiiiijig aiid sijpport. 10. To sei up a honie for the iiiii)islry in Cclrri¢k and Neivloivnnbbey. I l. To build neiy database aiKI onliiie pliiilonn io sii)Iplify & slreaiiiline aclivilie.s for pai'ticipanls & staff 12. To forni a voliinleer suppori groiip for eiicll Exodus Aa ivorkii)g lo help Ilie ivork flourish locally. The.5e projects will e42ch be sel al a pace that is recilisii¢ for Ilie slaff leam and achievablc wtihin existing biidgels or iieivly soiirced income. As ive hli ve grown froni I centre lo 6, Ive noiv iecognise the need for (1 Iieiv, iiiore siislainable iiiodel for fiitiire ivork. Tliis Jnodel Ivill seek slronger P&1rliierships wiih local churches Éind iiidividuiils lo secure Ihe ois'iiersliip and invesiinent for long lei'ni consisleiil youth iyork in s?n area. With all this in mind ive look out expectant of the nexl 25 years and n)any Inore lives Iransfornied. STATCMII NT OF DIREcfoRS' RPoNSIBILITIEs Tlie twstee.s (who are also Ihe direclors of Exodus Trusl) are responsible for prepariiig the Truslee5' Report ai)d Ihe fiiiancial slilleineJ)Is in accoid<1nce iviih applicable laiv aiid Uiiiled Kingdom Accounliiig Siaiidards (United Kingdoni Generally Accepted Accounling Pnciice). CoiiipKlny laiv requires the direclors lo prepare fiiiaiicicil stalenienis for ei1ch financial year. Ivhich give a true 12nd fi?ir Yieiv of the sl<ile of i1ffairs of the cliarilable conipaiiy aild of the inconie aiid expenditure of ihe charitable coIiipany for that period. In prepariiig these financial stateinei)Is Ihe directors are reqiiired to: • select suitable 41ccounling policie5 and ihen apply thetn consislenily; observe the methods aiid principles in the Cliarlties SORP 2019 (FRS 102). i)iake jiidgeimenls and esltmales that are reasonable and prudent-
EXODUS TRUST IA COIIP,%NI' I.INJII'EI) TII. GUARANTEEI YEAR ENDED 31 AUC.UST 2022 TRUSTEES, REPORT (INCLUDING DIR1 CTORS, REPORT) (CONTINUED) STA TEI MENT OF DI¥ CTORSI RESPONSIBILITILS (CONTINUED) slate ivheil)er applicable UK Ac¢ouDling Slandi1rds have beeli folloived. subject lo any inaterial dep<lrlures disclosed aiid explained iii ilie fii)anci¢11 statemenls: prepare the fin42llcicil sl<21emei)Is on the going concern basi5 ujiless it is inappropriate lo presunie tlial the charitable comp<iny will contiiiue in operalion. The Trustces are responsible for keepiiig adequale accountiiig records that disclose with reasonable 1cciiracy al <iny liine ihe finailcial position of the cliartloble conipany aiid enable thein ¢0 eiisure Ihi( t the rin1& llciiil s11< lenieiils coiiiply iviih the Compaiiies Acl 2006. Tlie directors are also responsible foi. .S?I fLg111É rdiiig Ilie assets of the ch4irilc1ble cojnpaiiy aiid hence to lake reasoIiable sleps foi- the prevention lid deleciioii of fraud aiid other irreguliirities. Disclosiii'e of Infoi'n)atloii to auditors Ive. Ihe direcioi's of11)e coi)Ipai)y ivlio l)eld office al the dale of approval of these fin<incicil Sialejiieiils .7$ scl oiil above each eoiifiriii, so f4?r 11 s ive i& re aivare, Ih¥ll: there is iio relevanl iiudil inforni&1tion of ivhich Ihe charitable COmP41ny's audiiors iinaware; ve hiive lakeii all Ilie sleps Ihal iY¢ ought to liave taken us directors in order lo make OUT5elves .iivare of aiiy r¢l¢vaDt aiidil iiiforinalion and lo eslablisli Ilial Ihe chciriiable coiiipany, s Iiiidilors are aiyare of Ihal infornialion. Tlie Iruslees are responsible for the n)aiiilei)ance and inlegrily of the corporale aTid fJJianciiil inforlnalioii incliided oli ihe cliii rilable Coiiipilny's ivebslte. Legisli4 lion in Ihe Uniled Kingdom goveriung Ihe preparaiioii and disseininalion of flnancial slaleiiienis may differ froIi) legislalioii iii otlier jiirisdiclioiis. SniRII coiiipaiiles exeIp110n Tliis report has been prepared in accordance wilh the special provisions iel*ting lo sninll conipaiiies Iviihin Pi?rl 15 of the Companies Act 2006. Aiidltors J?1 cksoii Aiidreivs liave indicaicd their iyillii)giiess lo conlinue iii olee and qi resolulioii coiicerning Iheir re-appoinirnent ivill be proposed al ilie Aniiuiil General Meeliiig. By order of the Board Mrs L R Lynas Trustee Dale: io