COMPANY REGISTRATION NUMBER N1052123 RICE FAMILY CHARITABLE TRUST COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMF,NTS 31 MARCH 2024 Charity Number 102871 RICE FAMILY CHARITABLE TRUST COMPANY LIMITED BY GUARANTEE Year ended 31 March 2024 Content5 page Member5 of the trust 2nd professional advisers Trustee% Annual Report Independent examiner% report Statement of financial activities (incorporating the income and expenditure account) Balai)ce sheet Page I RICE FAMILY CFIARITABLE TRUST COMPANY I,IMITED BY GUARANTEE Members of the trust and professional advisers Registered charity name Rice Family Charitable Trust Charity nlimber 10287 1 Company registration nuinher N1052 123 Principal and registered office 29 Ravenhill Park Belfast Co Antriin BT6 ODE Trustees Mr D Rice Mr B RiLe Mr K Donaghy Page 2 RICE FAMILY CHARITABLE TRUST COMPANY LIMITED BY GUARANTEE Tru5tee.% anniial report Year ended 31 March 2024 The trustees, who are also direct()rs foi. the purposes of company Idw, present their report and the financial statements of the charity for the year ended 31 March 2024. Reference and administrative details Registered Office.. 29 Ravenhill Park, Belfast, Co Antrim, BT6 ODE Company Registration No. N1052123 Northern Ireland Charity Commission No.: 102871 The trustees The trustee% who served the charity during the period were 35 follows: Mr D Rice Mr B RiLe Mr K Donaghy Governing Document The organisation is a charitable company limited by guarantei., incorporated on 2 1 OLtober 2004, and as %uch the liability of each of it% members is limited. The c()mpany is goveriiLi(I by its board of director.s whil ()perate cls detailed in the governing docuineiit for thLI Lharity, whiLII is the Memorai)d um and ArtiLles of AssuLialion. In tlie event of the compaiiy being woiind up membei-5 are reqiiired to contribute an amuunt not exceeding £1. Organisation The charity 15 managed by tlie Bi)ard i)f Dii'ectors who may exerci.se all the powers of the Trust. Objectives and activities Purposes The Trust exists to promote religion, advance educatioii, pri)mote the relief of poverty and provide facilitiiis in the interests i)f %i)Lial wo111c re for those in circumstances of iieed a5 the Board of Directors in tIiLJir (li.¥cretion may deterilline. Activities & Beneficiaries During the year the charity provide further training to indivuduals on emotinnal mastery and goal setting. They were taught the p%ychoeducatlon associated with stress, and learned the tools used to support their own emotional wellbeing and that of the children they support. By controlling their emotlOll.5, the indivudals will therefore be more likely to avoid worry, anxiety and depi'ession. The publiL benefit.s of the Tr115t are considered to outweigh tlie potential harm, and there should be no private benefit. The trustees have taken instruLtion on both the Charities Act 2008 and the companie.s Act 2006. They have considered in particular the obligations imposed linder the public benefits test i)f the Charitie% ALt 2008 and can confirm that the cliarity meet% the critei'ia set di)wn therein. Rice Family Charitable Trust became registered witli The Charity comniis.sion for Nortliern Ireland on 20 March 20 15. Page 3 RICE FAMILY CHARITABLE TRUST COMPANY LIMITED BY GUARANTEE Trustees annual report (continued) Year ended 31 March 2024 FinanLial review The detailed re5ult% for the period, and the company's financial position at the perlod end are shown in tlie attached financial statements. The total unrestricted iiicuining resources for the period amounte(I to £0 (2023.. £ 100], with expenditure of £4,831 (2023.. £6,2 15), resulting in net incoininx expenditure for the year of £4,83 1 (2023.. (£6,115)). There were unrestrlcted fiinds of £31,116 (202 1.. £35.947 ) at the year end. Reserves Policy The trustees feel that as the amount of administrative expenditiire is minimal, the company d<)es not need to hold signilicant amounts in reserves. At present there are positive free reserves uf £31,116 (2021.. £35,947). Statement of ComplianLe In establishing the objective5 and planning of distribution of grants for the year, the trustees have given careful Lonsideratioii to the Charity Commissioi) for Northern Irelaiid's gliidance (seLtioi) 4b ofthe Charities Act) oi) public benefit to ensui-e that t he activities have lielped to acliieve the ti'ust's purposes and provide.4 a benefit to beneficiaries. Trustees, responsibilities statement The trustees are responsible for preparing the Trustees Annual Report and the finaJ]cial statements in accordance with appliLable law and regulations . Company law requires the trustees to prepare financial statements fi)r eaLh financial year. U nder that law the trustee5 have eleLtLd to prepare tlie financial stateme nts in accordance with United Kingdom Generally Accepted ALLounting Practice (United Kingd(Trm ALcounting Standards aiid applicable law). Under company law the trustee% must not approve the financial statements unless they are satisfi￿d that they give a triie and fair ViLJW of the state ofalliiirs (If the charity and the income and expenditure of the Lharity for that period. In preparing these financial statemeiits , the trustee.s are required to.. select suitable acLounting poliLies and then apply them consistently; • observe the methods and principles in the Cliai'ities SORP; make judgements and acLoiinting e.%timate% that are reasonable and prudent; and prepare the financial statement% on the guing Luncern basis unle55 It is iiiappropriate to pre.sume that the charity will coi)tinue in operation. Tlie trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity 's transaLtions and disclose with reasonable accuracy at any time the financial position of tlie charity and enable them to ensure that the financial statements c(Imply witli the Companies Act 2006 . They are also respon4ible for safeguai-ding the assets of the charity and henLL for takiiig reasoiiable steps for the prevention and detection of fraud and other irregularities. Mr B Rice Charity Trustee 15 December 2025 Page 5 RICE FAMILY CHARITABLE TRusr CUMVANY LIMITED BY GUARAN'I'EE Independent examiners report to the charity trustees of Rice Family Charitable Tr115t Year ended 31 March 2024 I report on the accounls ufthe company for the year ended 31 March 2024. which are set out on pages 7 to 8. Respective responsibilities of charity triistees and examiner As the charity trustees (and also the directors of the company for the purpnses of company law) you are responsible for the preparation of the accounts in accordance with the requirements of tl)e Companies Act 2006. Having satisfied myself that the charity is not siibjeit tn audit under company law, and is eligible for independent examiiiation, it 1.% Olir responsibility to.. examine the accounts under section 65 of the Charities Act follow the procedures laid down in the general Directions given by tlie Charity Commission for Northern Ireland under section 65(9)(b) uf the Charities Act • state whether particular matters have come to tsur attention. Basis of independent examiner's report We have examined your charity accounts as required under section 65 of the Charities Act and our examination was Larried out in accordance with the gei)eral Directii)n.% given by the Charity Commission for Nortliern IrLxland linder section 65(9}[b) OF the Charities Act. The examination inLlude(l a review of the accollllting recvrd5 kept by tlie charity and a cumparison uf the accounts presented with those reLord%. It also included con.4ideration of any unusual items or di.%Llo.siires in the account5, and seeking explanation5 from yoii as charity trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving cause to believe: l.'I'hat acLoiinting records were not kept in accordance with section 386 of the CoinpaTiies ALt 2006 2. 1'hat the accounts do not accord with those accounting records 3. That the accounts do not comply with the accountinx requirement5 of section 39 6 of tlie Compaiiie% ALt 2006 and with the Inethods and principles of the Chcll'ities Statèmeiit of ReLommended Practice applicable to charities preparing their accounts in accordance witli the finaiicial Repi)rting Staiidard applicable in the UK and Republic of Ireland 4. That there is furtlier iDf(Irmation nL&eded loi- a proper understanding of the accounts to be reached. Independent examiner'5 Statement I have completed my exainination and have no conLerns in respeLt of the matters (l) to (4) listed above and, in connection with following the Directioiis of the Charity Commisslon for Northei-n Ireland, we have found no matters that require drawing to your at tention. iblo ACCA Page 7 RICE FAMILY CHARITABLE TRUST COMPANY LIMITED BY GUARANTEE Statement of financial aLtivities (incorporating the income and expenditure account) Category Restrlcted Funds (£) Unrestrlcted Funds (£) Total Funds 2024 (£) InLoming resources Donations Inve.stment income Total incoming resources Resources expended InvestmeTkt managenient costs Charitable activitie5 Total resources expended 4,831 4,831 4,831 4,831 Net incoming/[outgoing) resources for the ear Unrecilised gains on investments Net income/(expen5es) for tl)e year -4,831 -4,831 -4,831 -4,831 Reconciliation of fuiids Total funds brought forward Total funds carried forward 35,947 31,116 35,947 31,116 MILfD-cnilty Rllancc SIIL*Qt ut 31 fv1arcli 2024 2112.1 ixt.d AssLbl$ C.ui'ri'iil il¥¥it¥ Prrpil)ments g¢¢rutd Income reilllnr.¥: #moiiiit% fHllliik• diie M'ltliln one }'e#r i e¢ currertl *$%el% Ilithbilitiosl .1 otAI os$tt5 1¢98 curr¢ni liabilities .1 llei #5SL't¥ {Ilxbllltlox) .14.?1 (? 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