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 forthe Blind is a non-incorporated body and is an acpted charity by the Charity Commission Northem Ireland on the 1 April 2016 under number104924. Organisation The Trustees who have served during the year are detailed out on page 3. Public Benefit The Trustees believe that both our purposes and the activities undertaken in this last financial year clearly satisfy elements of the public benefit requirement. Statement of Public Benefit Our purpose is lo provide financial assistance to organisations in Arfflagh 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 satisfied that the recipient thereof shall apply such income or capital las 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 Northern 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 Gomforts 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 lo blind persons resident in the city of Armagh and surrounding district,) These benefits are evidenced through:_ {al Feedback from beneficiaries (b) A survey of yearly applications including what the previous yearfs grant monies were spent on and what the forthcoming yearfs grants will be spent on (c) Regular independent evaluation of our services What is Macan Trust for the Blind We liaise with local groups and organisalions 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 to make application for grant monies for the following year. In late Januarylearly February the applications are considered by the Advisory Committee and their recommendations are presenled to the Trustees who decide on the merits of each application. Where grants are approved the monies are provided al a formal presentation in March. (Special applications can be subrnitted at any time of the year.) During the year ended 31 December 2024 the charity donated support to14 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 of £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 operational risks which the charity faces and confirm that systems have been established to enable regular reports lo be produced so that the necessary steps can be taken lo 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 investments while yielding a good return to enable the charity to give grants to those in need. By order ofthe Trustees S. J. Jè?S Archbishop John McDowell Date
Macan Trust for the Blind statement of Trustees, Responsibilities The Trustees 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 Northern Ireland requires the trustees to prepare financial staternenls 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 (FRS 1021. Accounting and Reporting by Charities.. Statements of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 102) and promulgated by the Institute of Chartered Accountants in the United Kingdom and United Kingdom Law). Under that law the trustees musl not approve Ihe 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 period. In preparing these financial stateme1, the trustees are required lo.. select suitable accounting policies and then apply the Gonsistently. 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 concern basis unless it is inappropriate lo presume that 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 hence 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 information included on the charities website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in otherjurisdictions. Statement as to disclosure to our Independent Examiner In so far as the trustees are aware at the timing of approving our trustees, annLral report., there is no relevant accounts infomalion 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 relevanl audit information and to establish that Ihe 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 +&.k j.s.$ Archbishop John McDow Date