thrive
IreLand
Thrive Ireland
(A company limited by guarantee)
Report and Financial Statements
Year ending 31 March 2024
Charity number: NIC 105143
Company number: Nl 633383

THRIVE IRELAND LIMITED
PAGE
TRUSTEES, REPORT
INDEPENDENT EXAMINER'S REPORT
STATEMENT OF FINANCIAL ACTIVITIES
BALANCE SHEET
NOTES TO THE FINANCIAL STATEMENTS
10-13

THRIVE IRELAND LIMITED
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024
The Trustees present their annual directors, report and independently examined financial statements
for the year ending 31 March 2024 which also comply with the requirements for a directors, report and
accounts under the Companies Act 2006.
The financial statements comply with the Charities Act (Northern Ireland) 2008, the Companies Act
2006 and the company's Articles of Association. They comply with the Accounting and Reporting by
Charities Statement of Recommended Practice {SORP) applicable to charities preparing their accounts
in accordance with the Financial Reporting Standard FRS 102 applicable in the United Kingdom and
Republic of Ireland.
Our Aims and Objectives
The Charity's object is to advance faith-based community development by encouraging, supporting and
enabling Christian Churches to become more effectively engaged with their communities and in
particular..
(1)
Build the capacity of Christian Churches to engage in community development activities by..
creating and delivering tailor-made training and mentoring to local Church congregations.
(li) promoting understanding of faith-based community development, community leadership
and conflict management and resolution among congregational leaders.
(iii) promoting understanding amongst leaders of civic society of the impact of faith-based
community development and the contribution of Churches in promoling social justice.
and
(iv) being a catalyst of influence for structural change in the understanding of faith-based
community development, community leadership and conflict management and resolution
among denominational and other Church leaders and those providing education for
Church leaders.
(2)
Increase the efficiency and effectiveness of Christian Churches and associated charities in the
use of their resources by..
mapping community Servi￿ work currently provided by Churches and other relevant
organisations to enable better co-ordination of community development;
(li) facilitating regional Christian community development and mission ne￿orkSIf0ra for
shared learning, education, and action;
(iii) sharing good practice from global Christian community development to inspire and
empower local community development practice., and
(iv) actively promoting peacebuilding as a Christian imperative to enable communities to
thrive.
Ensuring our work delivers our aims
We review our aims, objectives, and activities each year. This review looks at what we have achieved
and the outcomes of our work in the previous 12 months. The review looks at the success of each
activity and the benefits they have brought to the individuals, congregations, and organisations that we
are set up to help. The review also helps us ensure that our aims, objectives, and activities remain
focussed on our stated purposes. We refer to the guidance in the Charity Commission's general
guidance on public benefit when reviewing our aims and objectives and in planning our future activities.
In particular the Board consider how planned activities will contribute to the aims and objectives they
have set.

THRIVE IRELAND LIMITED
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024
Achievements and performance
This year we have really been focusing on building collaborative partnerships to enhance our impact
and sustsinability. Developing partnerships with Christians Against Poverty and the Las Casas
Institute for Social Justice are opening up new audiences and enabling us to use our expertise in
Church Community Transformation to contextualise the process more widely.
We have also developed a new five-year strategy which includes the development of new funding and
income generation opportunities as well as development of our communications to be more
susiainable.
Aim1
Build the capacity of Christian Churches to engage in community development activities.
a) Support training or facilitation was carried out with 23 individual church congregations from various
denominations as well as for Church neI￿OrkS and for a Prison Fellowship Strategy refresh
process.
b) Resources continued to be developed and provided on the Thrive Ireland website.
c) 41 Facilitators in 10 churches trained in the initial stages of CCT community development.
d) Thrive Ireland Podcast, Inspired to Act, completed 8 episodes and they have received over 1000,
downloads from around 20 countries.
e) In partnership with Christians Against Poverty materials are being developed, written and piloted
across a number of churches for asset-based community development,
Partnership development with the Rural Community NetrAork to enable training in community
development in rural churches- pilot continuing in Fermanagh.
g) Continuing partnership with Tearfund UK to develop global learning for developing understanding
and training in Ireland.
h) Materials being developed and written in partnership with the Las Casas Institute for Social Justice
for use in the Catholic church, both in Northem Ireland, the ROI and the wider UK.
i) Teaching and facilitation at a number of Christian conferences and bible and theological training
colleges.
Alm2
Increase the efficiency and effectiveness of Christian Churches and associated charities in the use of
their resources.
a) Development of materials from learning in the Newtownards model of cross sectorial engagement
within the processes of CCT for the new pilots.
b) 61 Individual mentoring, coaching and pastoral Ca￿ sessions for faith leaders working in areas of
economic deprivation.
c) External evaluation completed of Thrive Ireland's I￿0-year Transforming Leadership Programme.
d) Plans for input into 2 theological college curricula to enable dissemination of Church Community
Transformation.
e) Completion of 5 year strategy refresh for Thrive Ireland and development of a Theory of Change
for greater impact.
Partnership working on research into poverty and church community engagement for Christians
Against Povety and the Las Casas Institute for social justice.
g) Active input into the Community Faiths Forum in Northem Ireland.
h) Training for church leaders and laity from Middle East Anglican churches to enable community
engagement and development.

THRIVE IRELAND LIMITED
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024
i) Facilitation of learning trip from Rwanda to N. Ireland - for local churches - to support & encourage
learning from Rwanda in dealing with the legacy of the past.
We are fulfilling our public benefit requirements above through the education of church members and
leaders of churches in community development, pea￿bUilding and advocacy skills to enable them to
extend their activities to benefit the public. We have also enabled greater engagement of Christian
Churches with the community and voluntary sector in Northern Ireland through the building of
relationships and understanding of the faith sector with the Rural Community Network, NICVA through
the Community Faiths Forum, East Belfast Churches Network, The Link Family and Community Centre,
Newtownards and the Southeast Fermanagh Foundation. We are also active participants in the
Community Faiths Forum and work with other global development agencies to bring global and
international development learning to local churches and the peacebuilding and community sector in
Northern Ireland.
We are currently actively developing relationships with key educational establishments to further
increase the efficiency and effectiveness of Christian Churches in the use of their resources.
Flnanclal review
During the year to 3151 March 2024, income totalled £57,761 (2023 - £70,516). The organisation has
built good relationships with donors who are supportive of our work. Around 48 per cent1£27,741) of
income was in the form of donations and grants from individuals, organisations, churches, and
charitable trusts. The balance of income in 2023-24 was raised through charitable activities, including
work carried out with churches. Totsl expenditure during the year was £56,322 <2023 £73,936). AII
expenditure was incurred on charitable activities. Net income for the year was £1,439 (2023 - Net
expenditure of £3,420).
Engagement with churches and trusts are important aspects of the charity's activities. However, much
of our current income in the past year has been generated through consultancy work. The charity is
currently engaging in a strategy refresh and funding strategy plan which will enable our funding package
to be widened and extended.
Reserves policy
Reserves are needed to bridge the gap be￿een the spending and receiving of income and to cover
unplanned expenditure. The charity regularly monitors its financial reserves, income and expenditure
streams, planned activity and organisational commitments. It aims to build its free reserves
(unrestricted general funds) to a level between four months and six months of projected total revenue
expenditure for the following year. The appropriateness of the level of reserves will be subject to review
each year. At 3151 March 2024, reserves were £28,398 (2023 £26,959), of which £11,471 (2023
£21,476) were unrestricted.
Reference and admlnlstrative detalls
Company registration number:
Charity registration number..
HMRC reference..
Nl 633383
NIC 105143
NI 00625
Registered offi￿..
241 Newtownards Road
Belfast
BT4 1AF
Bankers:
The Cooperative Bank

THRIVE IRELAND LIMITED
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024
Dlrectors and trustoes
The directors of the charitable company are its trustees for the purpose of charity law. The elected
trustees and officers serving during the year were:
Glen Mitchell (Chair)
Stephen Adams
Tom Coard (TreaSu￿rI
Sharan Kelly
Samuel Moore
Useni Sibanda
Barbara Smith (appointed 9 January 2024)
Nicola Temple (appointed 21 May 2024)
Chris Thompson {appointed 9 January 2024)
Francis Wahome
Key management personnel:
Diane Holt (Executive Director)
Structure, governance and management
Governing Document
Thrive Ireland is a company limited by guarantee incorporated on 3 September 2015. It is governed by
its Articles of Association dated 17 July 2015. In April 2016 the company became a registered charity
with the Charity Commission for Northern Ireland. It is registered as a charity with HM Revenue and
Customs for taxation purposed under reference N100625. Members of the Company agree to contribute
an amount not exceeding £1 in the event of the charity winding up.
Appolntment of dlrectors
As set out in the Articles of Association the members present at the Annual General Meeting will elect
the trustees. The number of the directors shall not be more than 15 and not less than 5 at any one
time.
The trustees shall have the power at any time and from time to time to appoint any person to be
director, either to fill a casual vacancy or as an addition to the existing directors. Any trustees so
appointed shall hold office only until the nextfollowing Annual General Meeting and shall then be eligible
for re-election.
INhen considering co-opting directors, the Board has regard to the requirement for any specialist skills
needed.
Trustee induction and trainlng
New trustees undergo orientation to brief them on their legal obligations under charity and company law
and the Charity Commission for Northern Ireland guidance on public benefit and inform them of the
content of the Articles of Association, the Board decision-making processes, the business plan and
recent performance of the charity. During the orientation they meet other trustees. Trustees are
encouraged to attend appropriate external training events where these will facilitate the undertaking of
their role.
Organisation
The Board of Directors administers the charity. The Board meets at least six times each year. The
Executive Director is appointed by the Board to direct and manage the day to day operations of the
charity.

THRIVE IRELAND LIMITED
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024
Related parties
There a￿ no related parties. Thrive Ireland works closely with a number of bodies which support the
charity. In particular it would like to thank its supporters for their contributions to its work over the past
year. During 2023-24, Thrive Ireland received income from individual donors and organisations and
funders including:
Benefact Trust
Las Casas Institute
The Evangelisation Trust
Risk management
The Board regularly reviews risk in the organisation through an annual review of the risks the charity
may face, establishment of systems and Pro￿dureS to mitigate and manage risks identifi'ed,
implemenlation and ￿gUlar review of procedures designed to minimise any potential impact on the
charity should those risks materialise.
This work is ongoing to identify risks and deliver better management procedures and contingency plans.
Particular attention will focus on non-fi'nancial risks arising from operational activities and financial risks
arising from securing income to ensure the sustainability of the organisation.

THRIVE IRELAND LIMITED
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024
statement of Trustees, Responsibilities
The trustees (directors of the company for the purposes of company law) are responsible for preparing
the trustees, report and financial statements in accordance with applicable law and regulations.
Charity law requires the trustees to prepare financial statements for each financial year. Under that law
the trustees have elected to prepare the financial statements in accordance with United Kingdom
Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
Under the relevant legislation the trustees must not approve the financial statements unless they are
satisfied that they give a true and fair view of the state of affairs of the company and of the net movement
in funds for that period. In preparing these financial statements, the trustees are required to..
select suitable accounting policies and then apply them consistently-
make judgements and estimates that are reasonable and prudent; and
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the company will continue on that basis.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and
explain the charity's Iransactions and disclose with reasonable accuracy at any time the financial
position of the charity and enable them to ensure that the financial statements comply with the
applicable law and regulations. They are also responsible for safeguarding the assets ofthe charity and
hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Small company exemptlon - Compani03 Act 2006
This report has been prepared in accordance with the special provisions relating to small companies
within Part 15 of the Companies Act 2006
By order of the trustees
Glen Mltchall
Chair
September 2024