## 



## 

## 

## 

|Contents|Page|
|---|---|
|Members of the trust and professional advisers|1|
|Trustees Annual Report|2|
|Independent examiners report|5|
|Statement of financial activities (incorporating the income||
|and expenditure account)|7|
|Balance sheet|8|
|Notes to the financial statements|9|





## 

## 

|Registered charity name|Gordon Stuart Trust Limited|
|---|---|
|Charity number|NIC106971|
|Company registration number|N1639918|
|Principal and registered office|108-114 Moneymore Road|
||Magherafelt|
||County Londonderry|
||BT45 6HJ|
|Trustees|Mr D Henry|
||Mr I S Henry MBE|
||Ms J A McKeown|
||Ms H Young|
|Accountants|BDO Northern Ireland|
||Chartered Accountants|
||Metro Building, First Floor|
||6-9 Donegall Square South|
||Belfast|
||BT1 5JA|





## 

## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 



# 

## 



## 

## 

## 

## 



## 

## 

## 



## 

## 

## 

|||Restricted Unrestricted|Total Funds|Total Funds|
|---|---|---|---|---|
|||Funds<br>Funds|2023|2022|
||Note|£<br>£|£|£|
|Incoming resources|||||
|Incoming resources from generating|funds:||||
|Voluntary income|4|—<br>350,000|350,600|350,000|
|Total incoming resources||—<br>350,000|350,000|350,000|
|Resources expended|||||
|Costs of generating funds:|||||
|Investment management costs|||||
|Charitable activities|5|—<br>232,500|232,500|273,500|
|Governance costs|5|—<br>1,224|1,224|832|
|Total resources expended||—<br>233,724|233,724|274,332|
|Net income for the year||—<br>116,276|116,276|75,668|
|Reconciliation of funds|||||
|Total funds brought forward||—<br>591,145|591,145|515,476|
|Total funds carried forward||707,421|707,421|591,145|





## 

## 

## 

|**Balance sheet**<br>**31 December 2023**||||||
|---|---|---|---|---|---|
|||2023||2022||
||Note|£||||
|Current assets||||||
|Cash at bank and in hand|8|707,421||591,145||
|Creditors: Amounts falling due||||||
|within one year|9|||||
|Net current assets|||707,421||591,145|
|Total assets less current liabilities|||707,421||591,145|
|Net assets|||707,421||591,145|
|Funds||||||
|Unrestricted income funds||||||
|Total funds|||707,421||591,145|





## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

|4.|Voluntary income||
|---|---|---|
|||Restricted Unrestricted<br>Total Fonds Total Funds|
|||Funds<br>Funds<br>2023<br>2022|
|||£<br>£|
||Donations|—<br>350,000<br>350,000<br>350,000|
|5.|Resources expended||
|||Restricted Unrestricted Total Funds Total Funds|
|||Funds<br>Funds<br>2023<br>2022|
|||£<br>£<br>£<br>£|
||_Direct Costs_||
||Charitable activities|232,500<br>232,500<br>273,500|
||_Governance Costs_||
||Insurance|291291|
||Bank fees|323232|
||Accountancy fees|901901800|
|||1,224<br>1,224832|
|||233,724<br>233,724<br>274,332|



|This is stated after charging:|||
|---|---|---|
||2023|2022|
|||£|
|Accountants fees|901|800|





## 

## 

## 

## 

## 

|8.|Cash and cash equivalents|||
|---|---|---|---|
|||2023|2022|
|||£|£|
||Cash at bank|707,421|591,145|
|9.|Creditors: Amounts falling due within one year|||
|||2023|2022|
|||£|£|
||Other creditors|||



## 

||Balance at<br>Incoming<br>Outgoing<br>Balance at<br>1 January<br>31December<br>2023<br>resources<br>resources2023|
|---|---|
||£<br>£<br>£<br>£|
|General Funds|591,145<br>350,000<br>233,724<br>707,421|



## 

## 

|Analysis of net assets between funds|||
|---|---|---|
||Net current||
||assets|Total|
||£|£|
|Unrestricted Income Funds|||
|Total Funds|||



## 



# 

## 

## 

## 

##