BELFAST BOYS MODEL BURSARY FUND UN MEIAORY OF EW DAVIS) DIRECTORS REPORT FOR THE YEAR ENDED 30 APRIL 2022 ol Iland (FRS 102) (effecti 1 January 2019)-. on th? lllteat rnapeciclthe Frt as at 30WI 2021 Thg pury(w and ObctiVeS ofthe Furmj alld Report11 ha5 always been Impjlant for Ihe rgmenls. To the best d ojr it i¥ ow vivw Ihat in lh• y•ar 2021.2022 we (lad Wy wlth all r81gvani requem8nts. we vtsnt lo pEaL% (x our Sinl thanks for the lbuc ma frDm the beginnwu ofthe FuThl and thro Ils impr)rtanl earty stsges. AtthtyJgh iusl (NJtsidB Ih? year in quethn, we aEyo want to Too1ze th8 In from May 221 Whfo Iho Board has reynsWIty for bolh tha r818lng dfunds and the a11 of Burn81igs. tho Cli13 and In tilar Ihe Lx>ntribuUcffl of the PrfncFpd. Mary Mcmlgomwi, the serdor MaEMe teaffl. and the SUpting administsativ8 s18ff. Tt rdalkrnhlp ¢tU89 to ensurn that Ihe Fund achieves its obieGb¥85 Sn c7M5nL arf51ThJ from the p8Th1om& oMlinufjd lo an ad hDC wroach to further anff BUarte8 in addllion k> the tlyee nomwlly owardad. In Sèpt8mbw 2021 threg trOll award8 of £1.tW eath were made lo thg strJts)ts 5wJTrJ in eath rf the unb¥eth Ixtsgui8s plu5 a furfvr awa Io an IND Ihg Sclthl w(nnlffJ th8 ScFKJo15 RY Cw> and th8 25th Anrw8rnary al th8 Sthod Wmlno Iho rJor Sd¥))1s Soccw trophles. Ay a res( we were able to add lo unreslrld8d fur#ts and to rnport lo a muth er MI the work ofts Fund kn da*.
BELFAST BOYS MODEL BURSARY FUND ON MEMORY OF EW DAVIS) DIRECTORS REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2022 We pknsed to rnPDrt tha( a5 the attaCd AA5 hlh2t8. by 30 Aprl 2022. lknresbI Funds had Increased to £83,414, 18r h8¥lng pald for expe Buw aArd p8ym8nts. Thè Board has corthndy reVed the TrseNe5 hehl and 1th1 to bo hedthy, iwJl by no mpan¥ ?xc855ive. gtven the ag8 range of The DI015 look foNMd to ntInj k• thvelop FUKI In th• approwtata way to Sk N Homdton KCB. DL ObJ•cUvH and actlvhl As notad kn last yearfs repxl th? Bowd set an obJe(tre lo rnake adrfthrwl 8rffluo1 awa for HND and Hlgher. It Is also Important to that the exlglerKe of Ihe Fj aTxI fts core obi8(N95 warn agrÈed wllh the school 808rd of Governor¥. as was the futl p8rUdpakn of the then Princ*al. MrA8n LO as a Dkp¢Aor of the FLYKI. chrfty sh(ld urthrtak Aehl•v•monts •nd p•rformcl be fuly fimded for tho knwy. It det0Thl by Ihe Board tha( Inaly. thr99 burnaiies Th¢ BO8 wa5 of tho VI that aw¥ds bg perforrnanco thiven aryj was grateknl that tho sclM)oi endorsed thls Èpproath and agreed lo drdw w the crflerfa aBaln5t th8 fll5t Ihr88 awards woukl bg mado. 8ndArtI. Th• scfrthxd sr8d that putAI for a trAVSary was of the from lh• boglnnlng of th s1 year. Folowing examlnakn re$ts In Awst each , three bw5wies are awarded b) tho
BELFAST BOYS MODEL 8URSARY FUND (IN IAEIKIRY OF EW DAVIS) DIRECTORS REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRL 2022 Flnanclal rnvl•w the existen and pwx)se rl the FuThl. ar•J then wryiled kn Ltrile by a 04)ff or by regLlar morthly donaUrffj¥ Dt Dolxt orbottL It Is the F ofts that Unrn$¢ Thlh ha¥e rnl beEn thSIgn a spaclk ShId be wll be able lo contknue the drity'S c¥rrent acuth wtile CxinsSdprntlon b gfven to ways In whlth a(klltkinal Dn ts Jwr. the Fund raiwl £34.339 {2021: £14.9441 knm donatKxw. aid aThJ iniorest arKI after paylng and pM¥[j for conxnbtted LxYsam5 expenses add•J £14.978 (2021: £1.714) lo ndS whkh lotal £83,414 (2021 ". £68.436l Thls ensures Ilwt ** Butsaies fwded in Ihe Yea ad. Th8 DIr8ra0 ar8 8S0d Imth the suppfyt frc•n b(th exi8W WMI nw d(Yws and bellevo that the Fund has good rthnllal trj Iho fith. Belfast Bffj6' IAodel BLWSary Fund (ln E W Davis) is a IWT4419 c{Wnp Inmted by guarnntee and roglstsred In Northeffl Irel8Th1 (Cryrry Nurnljer N1630824 be a Member. the C*garlsaUon of Meellrys: lh8 Rol8 8nd Prh¥ers of Dlrecli)rs (knduthB 8PFdntrn¢nt and rgltrem8nt): AdmtnlstralivePJraryeThwts: And t)treths Irwjernnty K1 Insurance. Slr N HaltOn KCB, DL MrG Nelx MrABrdlden MrJ Keith OBE Dr RAdalr CBE Ms M Monlg(xn•ry Dr B Keabng CBE DrALogan DL Mr M Gllrn QPM Mr RAmiour (RgshJ4d 10 May 2021) (P4Jpohthl 21 Junè 2021) (App S 2tr22)
BELFAST 80YS MODEL BURSARY FUND (IN MEMORY OF EW DAVIS) DIRECTORS REPORT (copillNUED) FOR THE YEAR ENDED 30 APRIL 2022 Slr NW HIon KCB. DL(Cts) Dr RoyAdalr CBE (Treasurer) SlrN arnllton K B,DL