Macan Trust for the Blind
(Northern Ireland Charity Commission Number: 104924)
Report of the Trustees and Financial Statements
for the year ended 31 December 2024
Noel Conn & Company
Chartered Accountants

Macan Trust for the Blind
Accounts for the year ended 31 December 2024
Contents
Page
Trustees and Other Information.......................................................
Report of the Trustees...............................................................................................
Statement of Trustees, Responsibilities..
Independent Examiner's reporttotheTrustees........................................................,.
Statementof FinancialActivities......................................................................,......
Statementof Financial Position.............................................................................10
Notes to the Financial StatementS.......................................................................,.....11

Macan Trust for the Blind
Trustees and Other Information
Trustees
Archbishop John McDowell Archbishop ofArmagh
Most Revd Eamon Columba Martin Archbishop of Armagh
Revd Thomas Shane Forster
Mr George Henry Emerson
Mrs Laura Hassan
Mr Desmond Robert David Mitchell
Miss Melanie Houston
Contact Details
Dr Stephen Day
Summerhill
28 Tullygarden Road
Richhill
Amiagh
BT618QT
Telephone- 028 38871831
Email..
themacantrustfortheblind@gmail.com
Independent Examiner
Noel Conn FCA
7 Seven Houses
English Street
Atmagh
BT617LA
Bankers
AIB
18-20 Scotch Street
Dungannon
BT70 1AZ
Charity Commission Nl Number
104924

Macan Trust for the Blind
Trustees report for the year ended 31 December 2024
The Trustees present their report along with the financial statements of the charity for the year ended 31 December
2024. The financial statements have been prepared in accordance with the accounting policies set out of page11.
Constitution
Macan Trust for the Blind is a non-incorporated body and is an accepted charity by the Chartty Commission Northem
Ireland on the1 April 2016 under number104924.
Organisation
The Trustees who have seNed during the year are detailed out on page 3.
Public Benefrt
The Trustees believe that both our purposes and the activits'es undertaken in this last financial year clearly satisfy
elements of the public benefit requirement.
Statement of Public Benefit
Our purpose is to provide financial assistance to organisations in A Thagh City and surrounding district who support
the blind in their local communities. We also provide financial assistance to any recognised Charity for the Blind as
the trustees, after consultation with the committee, think fil, provided that the trustees are satlsfied that the recipient
thereof shall apply such income or capital (as the case may be} for the benefit of the prescribed class. I"Recognised
Charlites for the Blind" shall include the Royal National Institute for the Blind and such other institutions or trusts
provided for the blind in Northem Ireland recognised as charitable according to the law of Northern Ireland.) The
direct benefits which flow from this purpose are the enabling of the provision of comforts and special equipment to
improve the quality of life and opportunities of members of the 'prescribed class.. (The 'Prescribed Class" means
blind persons in Northern Ireland, preference being given to blind ￿rSOnS resident in the city of Armagh and
surrounding district.) These benefits are evidenced through:_
lal Feedback from beneficiaries
Ibl A suNey of yearly applications including whal the previous yearfs grant monies were spenl on and what the
forthcoming yea¢s grants will be spent on
{c) Regular independent evaluation of our seNices
What is Macan Trust for the Blind
We liaise with local groups and organisations who provide support to the blind in their own communities. In
November of each year the Secretary of the Macan Trust writes to their representatives inviting them lo make
application for grant monies for the following year. In late Januaryleady February the applications are considered by
the Advisory Committee and their recommendations are presented to the TNstees who decide on the merits of each
application. Where grants are approved the monies are provided at a formal presentation in March. (Special
applications can be submitted al any time of the year.)
During the year ended 31 December 2024 the charity donated 5UPPOrt to 14 groups and organisations, ranging from
donations of£680 to £2,000.

Macan Trust for the Blind
Financial review and Investment Policy
During the year ended 31 December 2024, the charity received investment income of £20,495 which yielded a
surplus of £2,101.
Share disposals resulted in proceeds 01 £43,396.32 and a capital loss of £11,903. During the year there were share
additions at a cost of £62,783
Risk Management
The Trustees have examined the major strategic. business and operab'onal risks which the charity faces and confirm
that systems have been established to enable regular reports to be P￿lUCed so that the necessary step5 can be
taken to reduce these risks. These include quarterly reports from Evelyn Partners on the investments held and how
they have performed, along with any recommendations on how to minimise the risk of those investmenls while
yielding a good retum to enable the charity to give grants to those in need.
y order of the Trustees
S. J. Ja?S
Archbishop John McDowell
Date

Macan Trust for the Blind
statement of Trustees, Responsibilities
The Trustee5 are responsible for preparing the Trustees, Annual Report and the Financial Statements in accordance
with the applicable law and United Kingdom Accounting Standards.
The law applicable to charities in Northem Ireland requires the trustees to prepare financial statements for each
financial year. Under that law the trustees have prepared the financial statements in accordance with Generally
Accepted Accounting Practice in the United Kingdom (accounting standards issued by the Financial Reporting
Council in the UK, including Charities SORP IFRS 102). Accounting and Reporting by Charities.. Statements of
Recommended Practice applicable to charities prepallng their accounts in accordance with the Financial Reporting
Standard applicable in the Uniled Kingdom and Republic of Ireland (FRS 102) and promulgated by the Institute of
Chartered Accountants in the United Kingdom and United Kingdom Law}. Under that law the trustees must not
approve the financial statements unless they are satisfied that they give a true and fair view of the state of the affairs
of the charity and of the statement of financial activities of the charity for that pertod.
In preparing these financial statemeftts, the trustees are required to..
select suitable accounting policies and then apply the consistently;
observe the methods and principles in the Charities SORP",
make judgements and estimates that a reasonable and prudent.
state whether the application of accounting standards have been followed, subject to any material
departures disclosed and explained the Financial Statements.
prepare the Financial Statements on the going concem basis unless it is inappropriate to presume thal the
charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any
time the financial position of the charity and to enable them to ensure that the financial statements comply with the
Charities Act (Northern Ireland) 2008 and the Charity {Accounts and Reports) Regulations (Northern Ireland) 2008.
They are also responsible for safeguarding the assets of the charity and hen￿ for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial infomiation included on
the charities website. Legislation in the United Kingdom goveming the preparation and dissemination of financial
statements may differ from legislation in other jurisdictions.
Statement as to disclosure to our Independent Examiner
In so far as the trustees are aware at the timing of approving our twstees, annual report..
there is no relevant accounts infomiation of which the charitable company's independent examiner is
unaware. and
the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant
audit infomiation and to estsblish that the company's independent examiner is aware of that infonnation.

Macan Trust for the Blind
Independent Examiner
A resolution to re-appoint the Independent Examiner, Noel Conn FCA, will be proposed at the annual general
meeting.
By Order of the board
By order of the Trustees
3. s. Jas
Archbishop John McDow
Date

Macan Trust for the Blind
Independent Examiners Report for the year ended 31 December 2024
We report on the financial statements of Macan Trust forthe Blind as set out on pages 9-13 for the year ended 31
December 2024, which comprise of the Slatement of Financial Activities, The Balance Sheet, and the related notes.
The financial reporting framework that has been applied in their preparation is applicable law and the Financial
Reporting Slandard for Smaller Entities (effective ApTtI 20081.
This report 15 made solely lo the Charity Trust*s, as a tK)dy. in accordan￿ with regulations made under the
Charities Act (Northern Ireland) 2008.
Responsibilities of the Macan Trust for the Blind Trustees and Examiner
As the charity's trustees you are iesponsible for the preparab'on of the accounts in accordance with the Charities Act
(Northem Ireland) 2008.
It is our responsibility to..
examine the accounts under section 65 ofthe Charities Act
follow the prO￿dureS laid down in the general Directions given by the Commission under section 65(9)(b) of
the Charities Act
state whether parbcular matters have come to my attention
Basis of Independent Examinerfs Report
We have examined your charity accounts as required under section 65 of the Charities Act and my examination was
arried out in accordance with the general Directions given by the Charity Commission for Northem Ireland under
section 65(9)(b} of the Chartties Act.
Our examination included a review of the accounting records kept by the charity and a comparison of the accounts
presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and
seeking explanations from you as charity trustees conceming any such mattets.
Our role is to state whether any material matters have come to my attention giving me cause to believe:
1. That accounting records were not kept in accordance with section 63 of the Chartttes Act
2. That the accounts do not accord with those accounting records
3. That the accounts do not comply with the accounting requirements of the Charities Act
4. That Ihe is further information needed for a proper understanding of the accounts to be reached
Independent examiner's statement
I have completed my examination and have no concems in respect of the matters {1) to {4} listed above and, in
connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that
require drawing to your
enlion.
-5
Noel Conn FCA
Chartered Accountant
7 Seven Houses
Upper English Street
Aimagh
BT617LA
Date

Macan Trust for the Blind
statement of Financial Activities for the year ended 31 December 2024
Unrestricted
Funds
2024
Restricted
Funds
2024
Total
Funds
2024
Total
Funds
2023
Notes
Incoming Resources:
Investment Income
Grants Receivable
20,495
20,495
20,914
Total Incoming Resources
20,495
20,495
20,914
Resources Expended:
Fundraising and Publicity
Net Income from Resources Available
For Charitable Applications
20,495
20,495
20,914
Charitable Expenditure:
Cost of activities for charitable objectives
Management and Administration
Total Charitable Expenditure
9,375
9,019
9,164
6,447
18,394
18,394
15,611
Total Resources Expended
18,394
18,394
15,611
Net IncomelExpenditure for the year
Gross Transfers between funds
Net Incomel(expenditure) for the year
2,101
2,101
5,303
2,101
2,101
5,303
(Loss)IGain on Investments
(11,903)
(11,903)
{60,4441
Reconciliation of Funds
Total funds brought forward
547,795
547,795
547,795
Total Funds to Carry Forward
537,993
537,993
492,654

Macan Trust for the Blind
10
Statement of Financial Position as at 31 December 2024
Employment of Capital
Notes
Unrestricted Restricted
Funds
Funds
2024
2024
Total
Funds
2024
Total
Funds
2023
Investments
Investmenls
441,502
441,502
361,660
Current Assets
Debtors and Prepayments
Bank and Cash
41,350
41,350
41,350
1,350
58,635
58,635
Current Liabilities
Sundry Creditors and Accruals
Net Current Assets
41,350
41,350
58,635
Total Assets Less Current Liabilities
482,852
482,852
420,295
Funds
Unrestricted Funds
Restricted Funds
482,852
420,295
482,852
420,295
l approve these accounts on behalf of the Board of TrUSt￿S and confim that we
have made available all relevant records and inforniats'on required for their preparation
+-a_ k.
J. l 9>2S
Date
Archbishop John McDowell
Trustee

Macan Trust for the Blind
11
Notes to the accounts for the year ended 31 December 2024
Principal accounting policies
The financial statements have been prepared in accordan￿ wilh applicable Accounting Standards in Ihe United
Kingdom and the Charities Act {Northem Ireland) 2008 A summary of the more important accounting policies, which
have been applied consistently, is set out below.
Basis of accounting
The financial statements are prepared in accordan￿ with the historical cost convention modified by the revaluation of
certain fixed assets,
Taxation
The charity is exempt from tax on its charitable activities.
Restricted Funds
Restricted funds are accounted for in accordan￿ wth the parti'cular temis of trust arising from the express or implied
wishes of the donors in so far as these are intended to be binding on the charity. Where such wishes are not intended
to be binding, they are taken into account and recognised in appropriately designated funds.
Unrestricted Free Reserves
Free ReseNes represent amount which are expendable at the discretion of the trustees in furtherance of the
objectives of the charity and which have not been designated for any other purFrf)se. Such funds may be held in order
to finan￿ working capital or capital expenditure.
Incoming Resources
Voluntary income or capital is included in the Statement of Financial Activits'es when the charity is legally entitled to it,
ils financial value can be quantified with reasonable certainty and there is reasonable certainty of its ultimate receipt.
Entitlement to legacies is considered established when the chartty has been notified of a distribution to be made by
the executors. Income received in advance of due perfomiance under a contract is accounted for as deferred income
until earned. Grants for activities are recognised as income when the related conditions for legal entitlement have
been met. All other income is accounted for on an accrual basis.
Resources Expended
All resources expendèd are accounted for on an accrual basis. Charitable activities include costs of services and
grants, support costs and depreciation on related assets. Costs of generating funds similarly include fundraising
activities. Non -staff costs nol attributed to one category of activity are allocated or apportioned pro-rat to the staffing
of the relevant service. Finance, HR and administrative staff costs are directly attributable to individual activities by
objective. Govemance costs are those associated with constitutional and statutory requirements.
Government grants
Grants that relale to specific capital expendilure are treated as deferred income, which is then credited to the
Statement of Financial Activities over the related assel's useful life. Revenue grants are credited to the Statement of
Financial Activities in the same year as the related expenditure is incurred.

Macan Trust for the Blind
12
Costs of Activities In For Charitable Purposes
Unrestricted Restricted
2024
2024
Total
2024
Total
2023
Grants
9,375
9,375
9,375
9,375
9,164
9,164
Management and Administration
Unrestricted Restricted
2024
2024
Total
2024
Total
2023
Honorarium - Secretary
Secretary Expenses
Honorarium - Independent Examiner
Stockbroker Fees
StationarylPrintinglAdvertising
Bank Charges
1,000
309
1,000
309
684
6,901
1,000
249
468
4,565
87
78
6,447
684
6,901
76
9,019
76
9,019
Investments
Equity investments are stated at the lower of original cost or current book value on the Balance Sheet
Inveslment with Smith and Williamson
2024
2023
Cost I Valuation At1 January 2024
Additions al Cost
Disposals at Cost
Revaluation
Total Cost I Valuation at 31 De￿mber 2024
434,018
62,783
(42,622}
(12,677)
441,502
506,376
9,926
{28,6721
(53,612)
434,018
Debtors and Prepayments
2024
2023
Investment Income

Macan Trust for the Blind
13
Sundry Creditors and Accruals
2024
2023
Accountancy
Sundry Creditors
Movement in Funds
At the
Movement Transfers
0110112024 In Funds
In Funds
At the
3111212024
Unrestricted Funds
General Fund
480,706
2,101
(11,903)
470,904
Restricted Funds
Restricted
Total Funds
480,706
2,101
{11,903)
470,904
Net Movement in Funds, included in the above are follows:
Incoming Resources Movement
Resources Expended
in Funds
Unrestricted Funds
General Fund
20,495
118,394)
2,101
Restricted Funds
Restricted
Total Funds
20,495
(18,394)
2,101
Independent Examiner Payments
2024
2023
Independent Examiner
Other Financial Services
684
468
684
468
Trustees, Remuneration and Benefits
No trustee received any remuneration during the year ended 31 December 2024 (2023 -Nill.
No Trustee received any reimbursement for approved expenses incurred in connection with the charity.