SlsterAnna Chaplainry Charltable Trust Statement of Flnanclal Activltles Perlod ended 31 March 2022 Re5trlcted Funds Unrestrlcted Total Fund5 Previou5 Perlod Income Capital Trah5ferred from IEF 189.542 GalnsllLosse$l on Investment Income 502 Total Income 021 191044 Expendlture Investment Mana8ement Costs 1,630 1,630 Accounts Fee 500 500 Total Expenditure 130 Net Movement in Funds 8,891 8.891 190,544 ReronciliatSon of Fun¢Js Fund Balance at l April 2021 190,544 190,544 Fvnd Balance carried forward at 31 March 2022 199 435 199 435 190 544 Thi5 Statement of finan¢lal activities Inclvde all 8ains and losses recognised in the reportlng period. All Income and expenditure derive from continuing activitie5. SlsterAnna Chaplainry Charltablè Fund Ststement of Flnanclal Posltlon 31 March 2022 2022 2021 Flxed assets Investments Total Fixed Assets 200 435 191.044 191,044 Payables: Amounts lalllng due wlthrn one year (I,OLKJI 1500} Net Assets 199 435 190 544 Funds for the Charlty RestrScted funds Unrestricted Funds Total Charlty Funds 199,435 190,544 199 435 190 The financial statements were approved and authorised for issue by the Trustees on 28 Seplember2022 and signed on their behalf by: Mrs A McNamee Trustee Date 13 Se lember 2023 S15ter Anna Chaplalncy Charltable Fund Notes to the Flnanclal Statements Per5od ended 31 March 2022 L Accounting Poli¢le5 I lal Basis of Preparatlon The financial st*ements have been prepared under the hlstoric cost convention, with the exeeption of investments which are included at fair value. These ff nancial statements have been prepared In accordance with the Statement of Recommended Practice.. Accounting and Reporting by Charities preparing thelr account5 In accordance with the Flnancial Reporting Standard appllcable in the VK and Republic of Ireland IFRS 1021, with the Financial Reportlng Standard,. FRS 102 and wlth the requlrements of the Charities Act INorthern ITelandl 2008. The financial statements have been presented in sterllng whS¢h Is the functional currency of the entity. The Trust Funds meet the definitlon of a public benefit entlty under FRS 102. The dirert benefits flowlng from this purpose include the education of children at Lagan College by providing greater opportunitiesforthe students to learn more effectively by provlding a safe space to nurturethe minds, heart5 and spirits of the students. The advancement of religion, the advarn￿ ment of human rlght5, confllct resolLttion or reconciliatlon or the promotion of reli8lOU5 or racial harmony and equality or dlversity. The beneflclaries arè the children, parents ar)d staff of La8an College Belfast. The flnanclal statements have been prepared on a going concern basi5. I Ibl Fund Structure Where there Is a legal restrictlon on the purpose fc*r which a fund may be useil. the fund 15 classified elther as an endowment fund, where the donor has expressly provlded that only the income of the fund may be expended, or as a restricted fund, where the donor ha5 provided for the donation to be spent in furtherance of a specified charitable purpose. All funds are held In the restrlcted fund category. I Icl Incomlng Resources All Incomlng resouices are recognlsed once the charity has entitlement to the resources, r( is probable (more likely than not) that the resources wrll be received and the monetary value of incomlng resourtes can be measured wlth suffielent reliability. The Investment Income15 earned from holdlng assets for Investment purposes and includes dividends and Interest. io Notes to the Flnanclal Statements (Continued) Perlod ended 31 March 2022 l (d) Resources Expended The has been no expenditure during this financlal period. All fLrtvre expenditure will be accounted for on an a¢crua15 basls and wlll be classlfled Under headings that aggregate 311 costs related to that category. I lel Flxed Asset Investments Investments are stated at market value as at the statement of Financial p051tion date. The statement of Financlal Activities include5 the net gains and 1055e5 ari51ng on revaluation5 and disposals throughout the period. I ln Realised Gains and L055e5 All gains and1055e5 are taken to the statement of Financial Artivities as they arlse. I Igl Golng Concern There are no materlal un¢ertalntles about the Trust Funds abllity to continue as a golnB concem. The most signiflcant area of uncertalnty that affects the carrying value of assets held by the Trust Funds are the level of Investrnent return and the performance of illve5tment markets. li