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2021-12-31-annual-report

THE GLENDALOUGH TRUST (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 310ECEM8ER 2021 Tho trustees. wno we thrg¢Am lor thfr ￿J￿se￿ of uxnp•y Itty. WeWIt Ihe r8pK¥t IIWhef the slaigmen16 of the th4rtabl• ended 31 Oecèmbor 2021. Tho Iinanoal 5taknnents been prEpaf8d n aCoXda￿e xcounimg PC41ues sffl oui n noie I the fin￿031 gtat8m8n15 * comply wlh ￿ cthanty's ￿eMr￿￿ffl wvj hrticles ot A3sorJalion, the Companles Act 2￿6 aThJ Rep￿tsTr3 by Charibes SthieTeni ￿ Recommènoed Pw1￿• appI￿abl0 lo charihes preparino thw aC£OLfftts In accorda￿ thg Finw81 Repthng Standard applKabl8 in Ihtr UK and RepablK ol Ireland IFRS 1021 leffecii4e l January 2019)" ob￿ctIV•¥ and acti¥lll•i Obiectiv¢fy, stfahgi• nd •¢tlvrti• rh8 chanty seeks lo promot& Ihe aavancement d the Chnsban lth. the ralief ot wverty advarcement of educaiion and the rekel of 5Trck and (bsablgd per￿n$. m pwtKidar, ￿ womotH)n ol theii physKal and wrrtuol Th& d)anly makes grants to N9aNsations workirvJ furtheranrA of it's wrposes ol thanong Christign fA¢lh, r&lf ol powrty. WIV8￿me￿i of edvcth a￿1 prtmo11￿ crf nealth Tl IrLVJtees ¢￿firm Ih¥t Ih•y h8¥è comOd wrth the fw•ments ￿ the ChanbO8 Acl (Ntfftm Ireland) 2008 lo have du¢ rtyard to tho wblt bènefii pu￿lS￿d by Ihe Charity Commissth Northtm Iretst Achle¥ennls and p•rfomwnco Th8 fflan ach￿l￿ment ot The GndalwJh TNst duThYJ ye¥ has aDrfrty to raoe ft￿d8 lo enab￿ Ihe thanty to Cor￿nu9 to make (k)n•tKJns to mdivwJu81$ Arbd or0￿s8t￿jns wno use mts luThJs èff6cli¥ety #Thj fof the bonefil ol tho publc. Pl•nnlng row p•wlod• In wng forw￿15 Il trustees conbnue to chwth8 wcrt. l)oth local and lllobal. Flnancl•l rovlew ftssulis for tbe y•8f are set out on 5 The net inc(Mnlrq re5(KYc•s kn the Ye￿ 0121.24612020.. (¥Jiwng res(xwces £12,7831 At 31$1 Decembgr 2021 tho iotsl fundg ol Iho Ltsnty #m(MMNed 10 £40.752 12020 £39.506} compn&ng unre51n.aed lurnls of £40.752(2￿2fr. t39 5tfjl antt reStfKi￿j lund• of £NIl12020 EN￿) StnKtu¥•. gov•m•nc• nd manag•m•nt Ilature of9oYeming doGum•nt The Glenda￿ugh Trust Is a charitable Iwntsd by guarrtee, YKtrP(Yaled on 8 Deeember 2tXJ6, regi$lered as a thanty Wlth HMRC on S FfrlNuWy 2￿/ #nd r8￿￿ered win Tne Nonnvtn Ir¥liiiNJ cli￿11 Commisgon M l F¢brnary 2016 The company wa5 •siab&shed a memoranttL￿ ol Assw8llon wh establishes lh8 obpcis and pNers ol tlw ￿￿[lIable comp4ny and is by Ifs Arbdos dAMooabon. Tne trust8e8 l¥Jho a180 th8 thTectyS of The Trust IL¥ fv WfP08es of c£¥npany wi are responsible lor Ihe truslees, rwt and the frnanajl slalemw)ts In W$rttar￿ with me Unrted KJ'ng¢om Accwfttyng Starnjèxds (Unrted Kingdom Generally Ac£opigd Aecfjunb'n9 prad￿e) appI￿￿e regulaI￿nI

THE GLENDALOUGH TRUST (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2021 Gompwry law r•quires lh• truste￿ io prep¥e firtwiial ￿t￿Trents to¥ eoth finwol yèar Un￿ Cl)fflpony law the trustees musi Dot approve the finanaal stalemenis ￿￿85& are satisfd that Ihey give a true wyl la ew u¢ state ol affairs of the ch4tst8ble company and ol Its ￿(￿n1￿j resources aNI applicat￿)n of ro#ouris, ineluthng 118 Incom8 and ex￿d￿Ule. Ihal Pwhid In wepanrvj these finan(x¥ $tat8menls. t Se￿GI sults￿e accouniiThJ polioes and arvty them ccmisistenlly. )3er¥e the methods orn1 pri￿￿08 in thg Chanbg8 SORP make judgements and esbfflatvs that are reasonat4e •KI prudent. siale ￿th&r applicab￿ UK Accumtw4J StaThJards been $Ltyd matorial d8panures disdos•d and explamed In ¢he fmancjd staiements. wvj propa￿ Ihe fin8naa sta18f1￿15 (Ki Lhe goty 0)r￿£M bws w)1•sts Il In￿nt lo pr•sumg Ihat (anl#Jle c¢ynpany WAI c(yIts.n￿ In bugrn8$ trus￿8 arg lor keepwig ad•quate a￿￿ti￿a re¢￿d5 thèt we 8tsffK>oni lo Show And eXp￿n the chanlable company's iiansadions and di5dos6 rès%)natyg ai any tsfflg the rvian0￿ posib of lh8 chantab cornpwy enable them to ensu￿ that Ihè finwual statemènts comply ffllh t C{mp￿eS Act 2(th They are a80 le$p(￿ble lor safeguarofflg the assèts of Ine th￿tab￿? company ar h8nco lor takry rnasrtnable sps lor the w6thrf)n w)d delecbon of trgua and ￿e9￿lan￿e8 The trtssiees who served the yw and LP to IM dato of S￿nt￿o of finantsal stalemenls were.. Mf WIll￿rn Stewart S (JIV8 Gib5Uti Mrs Fleother Uccorkdl Ifs Cheryl IMll4m5 Mrs N•oml St￿art M5 Salc¥me SteplwS.M￿phY klr Slewart The mana9emont ol the d￿rilY is the tnJst88s arn otea ur¥Jw lrmr+ ol t Memwandum al￿ Artideg OfAsswai￿n. Th8 trustees. reptxt was apwoved by th• Bo#rd of TN51e•s (U LLUL JknK Mra N•oml St•wrt D81ed 23 June 2022