CHARITY REGISTRATION NUMBER: XR25091 The Kairos Trust Financial Statements 31 March 2023 The Kairos Trust Financial Statements Year ended 31 March 2023 Page Trustees, annual report Independent examineff s report to the trustees Statement of financial activities Statement of financial position Notes to the financial statements Page 1 The Kairos Trust Trustees. Annual Report Year ended 31 March 2023 The trustees present their report and the unaudited financial staterrEnts of the charity for the year ended 31 March 2023. Reference and administrative detsils Registered charity name The Kairos Tntst Charity registration number XR25091 Principal office The trustees Derek MCKe￿eY Helen McKefvey Irvine Lavery Margaret v￿lSon Lester Manley Melanie Douglas Valerie Little Tim Houston (Retired 6 April 2022) (Retired 6 April 2022) (Appointed 6 Aprrl 2022) (Appointed 6 April 2022) Independent examiner Elaine Mulholland for and on behalf of Johnston Graham Limited 2161218 Holywood Road Belfast BT4 1PD Structure, governance and management The Kairos Trust is a registered charity WFlh The Charity Comnission for Northern Ireland, number 103640. The prin(ipal address of the charity is 6 Grangewood Chase, Dundonakg, Co. Down. Northern Ireland, BT16 1HW. The charity's goveming docunEnt is Fts Trust Deed. dated 28 November 1998. The charity is managed by its trustees. Trustees ￿et regularly throughout the year. Page 2 The Kairos Trust Trustees. Annual Report f¢onbnuedJ Year ended 31 March 2023 Objectives and activities The trustees present their Trustees, Report prepared in accordan￿ wf(h Charities SORP (effective January 2015) and the unaudited finanaal statements for the year 31 March 2020 a150 prepared in accordance the aforementioned Statement of Recommended Practice. Principal Activities The prinapal activities of the charity are as follows: Individual and group mentoring of young ministers from a variety of denominations especially those in the first years of sole charge of parishes or congregations. Training for Prayer Ministy which is to equip churth members wrth the basic skilL8 to listen effectively. pray wisely and thereby assist those in difficulty who seek help. - Training for Exisling Prayer Ministy Tea￿￿ in congregations Work with the Di0￿e of Vellore in rural Tamil Nadu South India which includes training local leadership and. thus far, the building of four rurdl prirrrary schools for Dalit children and a vocational nursing school for Dalit gits. Work with the local community leadership in a township (Blanco) in George, South Africa, training, equipping and providing infrastructure to assist their work with the local communty. Achievements and perfomiance - Two new trustees were appointed at the annual meeting in 2019 namely Lester Manley and Melanie Douglas. These appointments will wlden the denominational spread of the trust and lower the average age of the trustees sut6tantially. The trust will conlrnue to seek further trustees to secure its future. - The need for this work is clear. The trustees are now actively involved in discussions ty which the material. gather and refined over the last 20 years, can be trRde more widety available for use by others. Financial review The charity raised £3,883 during the year. Expenditure increased from £2.158 last year to £5,560 this year. The trustees remain confident that the charity can continue to successfijlly work towards meetirvJ its aim and objectives. The trustees. annual report was approved on 14 December 2023 and signed on behalf of the board of trustees by: Derek McKetv Trustee Helen McKelvey Trustee Page 3 The Kairos Trust Independent Examiners Report to the Trustees of The Kairos Trust Year ended 31 March 2023 I report to the trustees on rry examination of the finanaal State￿nts of The Kairos Trust ￿he charity) for the year ended 31 March 2023. Responsibilities and basis of report As the trustees of the charity you are restk)nsible for the preparation of the financial statements in accordance with the requirements of the Charities Act (Northern Ireland) 2008 (the ?008 Act,). You are satisfied that your charity is not required by charity law to be audited and have chosen instead to have an independent examÉnation. I report in respect of my examination of the charity's fjnancial statements as carrted out under sectton 65 of the 2008 Act. In carrying out my examination I have followed the general Directtons given by the Charity Commission for Northern Ireland under sedion 65{9)(b) of the 2008 Art. Independent examinerfs statement I have completed my exarrmnatton. I confjmi that no matters have come to my attention in connection with my examination giving me cause to believe that in any material respect: accounting records were not kept a5 required by with sectton 63 of the 2008 Act,. or the financial statements do not accord with those records" or the financaal statements do not comply with the accounliThJ requirements of the 2008 Act" or the financial statements do not comply with the applicable requirements conceming the form and content of accounts set out in the Chatites (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a Irue and fairf view which is not a matter considered as part of an independent examination. I confimi that there are no other ￿tterS to which your attention should be drawn to enable a proper understanding of the accounts to be reached. Elaine Mulholland for and on behalf of Johnston Graham Linvted Independent Exarriner 216r218 Holywood Road Belfast BT4 1PD Page 4 The Kairos Trust Statement of Financial Activities Year ended 31 March 2023 2023 Unrestricted funds Totsl funds Total fund5 2022 Note Income and endowments Donattons and legacies Total income 3,883 3,883 3.883 3.883 Expenditure ExFEnditure on charitable activities Total expenditure 5,560 5,560 5.560 2,158 2.158 5.560 Net expenditure and net movement in funds (1,67n {1,67n (2,158) Reconciliation of funds Totsl ftjnds brought foMard Total funds carried forward 20.096 20,096 18,419 22,254 20,096 18,419 The statement of fjnanaal acttvities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activib'es. The notes on pages 6 to 9 form part of these financial statements. Page 5 The Kairos Trust Statement of Financial Position 31 March 2023 2023 2022 Note Current assets Cash at bank and in hand 18,419 20,096 Net current assets 18,419 18,419 20,096 20,096 Total assets less current liabilities Funds of the charity Unrestricted funds 18,419 20.096 Total charity funds 18,419 20.096 These financial statements were approved by the board of trustees and authorised for issue on 14 De￿mber 2023. and are signed on behalf of the lJ)ard by". Derek Md