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← The Clive West Memorial Trust

2025-05-30-accounts

COMPANY REGISTRATION NUMBER: NI638570 CHARITY REGISTRATION NUMBER: 106417

The Clive West Memorial Trust Company Limited by Guarantee Unaudited Financial Statements 31 May 2025

AUBREY CAMPBELL & COMPANY Chartered accountants 631 Lisburn Road Belfast BT9 7GT

The Clive West Memorial Trust

Company Limited by Guarantee

Financial Statements

Year ended 31 May 2025 Sie ROSE

Page
Trustees' annual report (incorporating thedirector's report) 1
Independent examiner's report to the trustees 6
Statement offinancial activities (including income and
expenditure account) 8
Statement offinancial position 9
Notestothefinancialstatements 10

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The Clive West Memorial Trust

Company Limited by Guarantee

Trustees’ Annual Report (Incorporating the Director's Report)

Year ended 31 May 2025

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charitable company for the year ended 31 May 2025.

Reference and administrative details

Registered charity name The Clive West Memorial Trust Charity registration number 106417 Company registration number NI638570 Principal office and registered 9 Kincora Avenue office Belfast Co. Antrim BT4 3DW Northern Ireland The trustees Mr.Rev.D.T.ScholesAnderson| His Honour Judge A Devlin Rev. T. Johnston Rev. W Press Mr. L. Singleton (Resigned 26 May 2025) Mrs. A. West (Resigned 28 August 2025) Rev. P. Blair Mr. R. Balmer (Resigned 13 March 2025) Mrs.. A. Cunningham Mr. J. Beare (Appointed 8 October 2025) Mrs. V. Brown (Appointed 8 October 2025) Dr. T. Dowling (Appointed 8 October 2025) Mrs. E. Topley (Appointed 8 October 2025)

Independent examiner James Magee Aubrey Campbell & Company 631 Lisburn Road Belfast BT9 7GT

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The Clive West Memorial Trust

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 May 2025

Structure, governance and management

The Clive West Memorial Trust is a company limited by guarantee and governed by its Memorandum and Articles. There are currently eleven directors, who for the purposes of charity law are trustees of the Trust, none of whom receive any monetary gain from the Trust. The trustees met three times during the year and undertook their responsibilities with commitment, insight and rigour. The Trust recognises that an effective board of trustees is essential if the charity is to be effective in achieving its objects. Therefore, the Trust aims to have a board of trustees with a diverse range of skills, experience and knowledge in keeping with its objectives. The Trust's Articles of Association detail how the board should operate, trustees be appointed, retire or be co-opted. Where a trustee departs, efforts at recruiting a replacement will take account of the skills being lost by the departure. The board of trustees will use a range of means to recruit a replacement trustee.

Public Benefit Statement

The trustees confirm that they have had due regard for the guidance produced on public benefit by the Charity Commission for Northern Ireland and are pleased to report that during the period the charitable company has continued to provide public benefits through the programmes and services we offer.

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The Clive West Memorial Trust Company Limited by Guarantee Trustees' Annual Report (Incorporating the Director's Report) (continueg)

Year ended 31 May 2025 a

Objectives and activities

The Clive West Memorial Trust has been established to honour and reflect the ministry of the Rev. Canon Clive West, Rector of All Saints' Parish, Belfast (1984 - 2000) and Canon of Belfast Cathedral. Rev. Canon West was a Church of Ireland cleric deeply respected and honoured by many within the Anglican Church across the world. The Trust has two activities: providing a regular lecture series, and supporting of several who are training for eventual ordained (or other) ministry in an Anglican context on the island of Ireland.

The charity's objects are specifically restricted to the advancement of the Christian Faith in accordance with the theological basis of the Thirty Nine Articles of Religion, in particular by the following means:

(a) To finance and hold a near annual lecture “The Clive West Memorial Lecture” promoting theological topics closely associated with Clive’s emphases during his lifetime in ministry, or alternatively reflecting his interest in mission;

(b) To provide financial support either for ministry training or alternatively the theological education of any individual committed to service as a Pastor/ Teacher within the Church, whether in Ireland or elsewhere, the theological basis of which is in accordance with the Thirty Nine Articles of Religion, where any such individual is not already eligible to receive significant financial assistance from another source or sources; and

(c) To provide financial support to any other individual engaged or seeking to engage in church planting, youth or overseas ministry, the theological basis of which is in accordance with that encompassed by the Thirty Nine Articles of Religion.

The Trust welcomes applications for:

(a) The funding of individuals for ministry training or for theological education as a pastor/teacher in a church, particularly in Ireland but also elsewhere, the theological basis of which is in accordance with the Articles of Religion (The 39 Articles); and

(b) Financial help for an individual engaged in or seeking to engage in church planting, youth or overseas ministry, the theological basis of which is in accordance with the 39 Articles.

The trustees consider applications during the months of October and March for the ensuing academic year. As part of the grant screening process, trustees also consider:

Candidates must also provide the trustees with references from two referees whom, one of these would normally be a church minister, and the other a lay person who knows the candidate and can assess the candidate's suitability for the training or ministry concerned.

Further details on the objectives, activities and grant application process can be found at www.westtrust.co.uk

a

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The Clive West Memorial Trust Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued) Year ended 31 May 2025

Achievements and performance

Since its establishment in 2016, The West Trust has had the privilege of supporting a growing number of ministry candidates in theological training, many of whom are now deployed in various ministry roles. During the year under review, the trustees note with gratitude:

The trustees remain convinced that the need for well-trained pastors and lay leaders is vital for the health and growth of the Church, and they believe the Trust's work continues to contribute meaningfully to this need.

Financial review / / v The Trust's income for the year totalled £24,482 (2024 £15,479), which was derived from charitable donations, gift aid and interest. Expenditure for the year totalled £27,786 (2024 £23,193) and was spent mainly providing financial support for theological education. At the year end, the charity had reserves of £10,171 (2024 £13,475) which will enable the Trust to continue operating for the foreseeable future. Plans for future periods Going forward the Trust looks forward to having a guest lecturer in Autumn 2025. The Trust also looks forward to having further applications for support in bursary towards ministry training. It is a particular encouragement that we have been approached by at least three young people who have indicated a desire towards ministry on this island and are seeking training towards effective biblical ministry. The trustees are grateful to God for these encouragements.

All in all, we are grateful to God for his sustaining, provision and encouragement.

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The Clive West Memorial Trust

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continuea)

Year ended 31 May 2025

Plans for future periods (continued)

Reserves Policy

The charity's policy is to retain a level of free reserves which match the needs of the organisation both at the current time and in the foreseeable future. The charity will continue to monitor compliance with this policy and the trustees will regularly review the appropriateness of the policy.

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

The trustees' annual report was approved on Lb. Fe] Eb. and signed on behalf of the board of trustees by:

Mr. D. Scholes Trustee

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The Clive West Memorial Trust

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of The Clive West Memorial Trust

Year ended 31 May 2025

| report to the trustees on my examination of the financial statements of The Clive West Memorial Trust (‘the charitable company’) for the year ended 31 May 2025, which comprise the Statement of financial activities (including income and expenditure account), Statement of financial position and notes to the financial statements.

Respective responsibilities of charity trustees and examiner

As the charity trustees (and also the directors of the company for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. You are satisfied that the accounts of the company are not required by charity or company law to be audited and have chosen instead to have an independent examination.

Having satisfied myself that the charity is not subject to audit under company law, and is eligible for independent examination, it is my responsibility to:

Basis of Independent Examiner's report

| have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. The 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 concerning any such matters.

My 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 386 of the Companies Act 2006 2. That the accounts do not accord with those accounting records

  2. That the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland

  3. That there is further information needed for a proper understanding of the accounts to be reached.

Independent Examiner's qualified statement

| have completed my examination and | have identified a matter of concern in my report because | have concerns in respect of area (4) above as this requirement has not been fully met.

The accounts disclose the payment of a material grant of £500 to Rev. T. Johnston, who is a trustee of the charity. The charity trustees explained that the grant was made to support the Rev. Johnston to defer the costs of attendance at the GAFCON council in Plano, Texas, in March 2025. However, the charity trustees were unable to substantiate that the Rev. Johnston did not participate in the board's discussion on the matter, that there was an open application process, and, furthermore, the decision was not minuted. A concern exists that the grant may represent a trustee benefit.

| have no concerns in respect of any of the matters (1), (2) and (3) listed above and, in connection with

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The Clive West Memorial Trust

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of The Clive West Memorial Trust (continued)

Year ended 31 May 2025

following the Directions of the Charity Commission for Northern Ireland, | have found no other matters that require drawing to your attention. (W { ; ) \ | Hi an ie vf a ce / \ WWoW Ady)eee 2b OL 26 James Magee : Date Independent Examiner Aubrey Campbell & Company 631 Lisburn Road Belfast BT9 7GT

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The Clive West Memorial Trust

Company Limited by Guarantee

Statement of Financial Activities (including income and expenditure account)

Year ended 31 May 2025

2025 2025 2024
Unrestricted
funds Totalfunds Total funds
Note £ £ £
Income and endowments
Donations and legacies 5 24,482 24,482 15,479
Total incoming resources 24,482 24,482 15,479
Expenditure
Expenditure on charitable activities 6,7 27,786 27,786 23,193
Total resources expended 27,786 27,786 23,193
Netexpenditure and net movement in funds (3,304) (3,304) (7,714)
Reconciliation offunds
Total funds brought forward 13,475 13,475 21,189
Totalfundscarriedforward 10,171 10,171 13,475

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. -

The notes on pages 10 to 17 form part of these financial statements.

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The Clive West Memorial Trust

Company Limited by Guarantee

Statement of Financial Position

31 May 2025

2025 2024
Note £ £
Current assets
Debtors 13 2,697 2,409
Cash at bank and in hand 8,174 11,766
10,871 14,175
Creditors: amounts falling due within one year 14 700 700
Net current assets 10,171 13,475
Total assets less current liabilities 10,171 13,475
Net assets 10,171 13,475
Funds ofthe charity
Unrestricted funds 10,171 13,475
Totalcharityfunds 15 10,171 13,475

For the year ending 31 May 2025 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

ThesePELL]financialCb, andstatementsare signedwere on behalfapproved of theby boardthe boardby: of trustees and authorised for issue on

Mr. D. Scholes Trustee

The notes on pages 10 to 17 form part of these financial statements.

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The Clive West Memorial Trust

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 May 2025

1. General information

The charitable company is a public benefit entity and a private company limited by guarantee, registered in Northern Ireland and a registered charity in Northern Ireland. The address of the registered office is 9 Kincora Avenue, Belfast, Co. Antrim, BT4 3DW, Northern Ireland.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’, the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.

3. Accounting policies

Basis of preparation

These financial statements are prepared on a going concern basis, under the historical cost convention, as modified, where appropriate, by the recognition of certain financial assets and liabilities measured at fair value.

The preparation of financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the charity's accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements, are disclosed below.

The charity’s functional and presentation currency is the pound sterling.

Going concern

After making enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. The charity, therefore, continues to adopt the going concern basis in preparing its financial statements.

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The Clive West Memorial Trust

Company Limited by Guarantee

Notes to the Financial Statements (continuea)

Year ended 31 May 2025

3. Accounting policies (continued)

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires the Trustees to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Consequently, actual results may differ from these estimates.

Significant Judgements

To be a key judgement, the subject matter must relate to something other than assumptions about the future or making estimates and typically relate to significant issues in applying accounting standards where the Trustees applied judgement in situations where a different judgement might have led to a materially different accounting treatment.

The judgements (apart from those involving estimations) that the Trustees have made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements are as follows:

Going Concern

The Trustees confirm that at the time of approving the financial statements, there are no material uncertainties regarding the charity's ability to continue in operational existence for the foreseeable future. In arriving at this conclusion, the Trustees have taken account of current and anticipated income and outgoings in the current economic conditions, and its reserves position. For this reason, the going concern basis continues to be adopted in the preparation of the charity's financial statements.

Key Sources of Estimation Uncertainty

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. They are, by nature, subjective and result in a risk that a material adjustment to the carrying amount of assets or liabilities may be required as a result of changes in those assumptions or estimates in the next period.

The Trustees consider that no key estimates have made in the process of applying the charity's accounting policies in the financial statements.

Taxation

The Trustees consider that all income received and expenditure incurred is related to the company's charitable objects and, hence, the charity is not subject to corporation tax on any surpluses.

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The Clive West Memorial Trust

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 May 2025

  1. Accounting policies (continued)

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

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The Clive West Memorial Trust Company Limited by Guarantee Notes to the Financial Statements (continuea)

Year ended 31 May 2025

  1. Accounting policies (continued)

Resources expended

Expenditure is recognised on an accruals basis asa liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Donated services

It is not possible to reasonably quantify the value of the services provided by volunteers to the Trust and, therefore, donated services are not recognised in the financial statements.

Financial instruments

A financial asset or a financial liability is recognised only when the charitable company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.

Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.

Debt instruments are subsequently measured at amortised cost.

Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.

Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

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The Clive West Memorial Trust Company Limited by Guarantee Notes to the Financial Statements (continued)

Year ended 31 May 2025

  1. Accounting policies (continued)

Financial instruments (continued)

Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised immediately, to the extent that the reversal does not. result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

  1. Limited by guarantee

The charity is a company limited by guarantee, not having a share capital and is registered in Northern Ireland. The liability is limited to £1 per member.

  1. Donations and legacies
Unrestricted Total Funds Unrestricted Total Funds
Funds 2025 Funds 2024
£ £ £ £
Donations
Donations - General 21,785 21,785 13,070 13,070
Gift Aid receivable 2,697 2,697 2,409 2,409
24,482 24,482 15,479 15,479

6. Expenditure on charitable activities by fund type

Unrestricted Total Funds Unrestricted Total Funds
Funds 2025 Funds 2024
£ £ £ £
Biblical and Theological Training
Grants
Other grant funding activities		 15,500
500		 15,500
500		 19,000
—		 19,000
-
Ministry Training Academy 8,028 8,028 2,980 2,980
Biblical and Theological Lectures 2,756 2,756 329 329
Support costs 1,002 1,002 884 884
27,786 27,786 23,193 23,193

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The Clive West Memorial Trust

Company Limited by Guarantee

Notes to the Financial Statements (continuea)

Year ended 31 May 2025

7. Expenditure on charitable activities by activity type

==> picture [449 x 355] intentionally omitted <==

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |Activities| |undertaken|Grant|funding|Support|Total|funds|Total|fund| |directly|_|of activities|costs|2025|2024| |£|£|£|£|£| |Biblical|and|Theological| |Training|Grants|-|15,500|-|15,500|19,000| |Other|grant|funding| |activities|-|500|-|500|-| |Ministry|Training| |Academy|8,028|-|-|8,028|2,980| |Biblical|and|Theological| |Lectures|2,756|-|-|2,756|329| |Governance|costs|—|—|1,002|1,002|884| |10,784|16,000|1,002|27,786|23,193| |8.|Analysis|of|grants| |2025|2024| |£|£| |Grants|to|individuals| |Grants|to|individuals|16,000|19,000| |Total|grants|16,000|19,000| |9.|Independent|examination|fees| |2025|2024| |£|£| |Fees|payable|to|the|independent|examiner|for:| |Independent|examination|of the|financial|statements|690|672|

----- End of picture text -----

10. Staff costs

The company did not employ any staff in the current reporting period (2024 - nil). The total staff costs and employee benefits for the reporting period was Enil (2024 - Enil).

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The Clive West Memorial Trust Company Limited by Guarantee Notes to the Financial Statements (continuea)

Year ended 31 May 2025

11. Trustee remuneration and expenses

At 31 May 2025 there were eight (2024 - ten) members of the Trust, none of whom were employed by the Trust.

During the period under review, the following directors received grants and out of pocket expenses, incurred when acting on behalf of the charitable company:

2025 2024
£ £
Rev. P. Blair (out of pocket expenses) 2,190 -
Rev. W. Press (out of pocketexpenses_ 426 -
Rev. T. Johnston (grant) 500 -
3,116 -
Expenses paid by activity type:
2025 2024
£ £
Other Grants 500 -
Biblical and Theological Lectures 2,616 -
3,116 -

12. Transfers between funds

During the period, no transfers were made from general funds to supplement the charitable grant making activities undertaken by the Archdeacon T C Hammond Fund.

13. Debtors

2025 2024
£ £
Prepayments and accrued income 2,697 2,409
14. Creditors: amounts falling due within one year
2025 2024
£ £
Accrualsanddeferredincome 700 700

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The Clive West Memorial Trust

Company Limited by Guarantee

Notes to the Detailed Statement of Financial Activities

Year ended 31 May 2025

15. Analysis of charitable funds

Unrestricted funds
At At
1 June 2024 Income Expenditure 31 May 2025
£ £ £ £
Unrestricted General Funds 13,475 24,482 (27,786) 10,171
At At
1 June 2023 Income Expenditure 31 May 2024
£ £ £ £
UnrestrictedGeneralFunds 21,189 15,479 (23,193) 13,475

16. Analysis of net assets between funds

Unrestricted Total Funds
Funds 2025
£ £
Current assets 10,871 10,871
Creditors less than 1 year (700) (700)
Net assets 10,171 10,171
Unrestricted Total Funds
Funds 2024
£ £
Current assets 14,175 14,175
Creditors less than 1 year (700) (700)
Netassets 13,475 13,475

17. Related parties

During the financial year under review members of the board donated a total of £16,720 (2024: £5,520) to the charity. Other related parties donateda total of £800 during the financial year (2024: £1,350).

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