Sister Anna Chaplaincy CharitableTrust Annual Report and Financial Statements For the Period Ended 31 March 2023 Charity Registration Number: 107366
Contents Page number Trustee's Annual Report Independent Examiners Report Statement of Financial Activities Statement of Financial Position Notes to the accounts 10-11
Annual Report of the Trustees of Sister Anna Chaplaincy Charitable Trust for the period ended 31 March 2023 INTRODUCTION This is the annual report for Sister Anna Chaplaincy Charitable Trust for the year ended 31 March 2023. This format is in accordance with the requirements of the "Accounting and Reporting by Charities.. Slaternenl of Recommended Practice Applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK & Republic of Ireland (FRS 102)" C'The Charity SORP"). ADMINISTRATION DETAILS Contact us.. Sister Anna Chaplaincy Charitable Trust 44 Manse Road Belfast BT8 6SA Telephone: 028 90401810 Email: Afft 2k TRUSTEE ARRANGEMENTS Trust Members are as follows.. Mrs Amanda McNamee (Chair) Mr Gerard Sowney Mr Timothy Andrew Woods Mrs Mary Mackey (Treasurer) The Trustees have delegated responsibility for the on-going management of funds to the Treasurer. Mrs Mary Mackey. The Trustees employed the following professional advisors during the period= Accountant's.. CavanaghKelly. Northland Row, Dungannon, Co. Tyrone. Investment Managers.. Davy Private Clients UK. Donegal House, 7 Donegal Square North. Belfast.
STRUCTURE, GOVERANCE AND MANAGEMENT The Sister Anna Charitable Trust (SACT) was a reslricled Capital Fund set up with IEF, by the late Sister Anna, in 2004. The interest from the Trust was used lo contribute to the support of Lagan College Chaplains. On 2 February 2021. with agreement of the former Trustees of the Sister Anna Charitable Trust, the IEF transferred this restricted Capital Fund lo a newly formed Charity. The Sister Anna Chaplaincy Charitable Trust. {SACCT) to be administered by Lagan College Limited. The Trust Board are recruited by Lagan College Limited. The Board ofTrustees is made up ofthree DirectorsandtheTreasurer ofLagan College Limited. EachTrustee mayservethreeyearsafterwhioh period they may put themselves forward for reappointment for a second further term, however no member may serve longer than six years or, if resolved by all the then Directors of Lagan College Limited in accordance wrth the Articles of Association, nine years continuously. The Trustees will meet on an annual basis to agree the broad strategy and areas of aotivily for the Fund including.. fundraising, investments performance, reserves, risk management and other policies and procedures. This meeting may occur via video conferencing. The Board of Trustees will continue to apply the interest from the funds for the purpose intended by the founders of Ihe Sister Anna Charitable Trust. ACHIEVEMENTS AND PERFORMANCE The Sister Anna Chaplaincy Charitable Trust was set up on 6 March 2020. No transaction5 occurred until 2 February 2021 when the Sister Anna Chaplaincy Charitable Trust portfolio was opened and funds transferred from IEF. The trust funds are managed by Davy Private Clients UK. The total transfer value was £189.542 During the period from 1 April 2022 to 31 March 2023 the fund lost £8,894. Market Performance has led to a decrease in the capital sum to £192,041 al 31 March 2023. Public Benefit Statement The Trustees of Sister Anna Chaplaincy Charitable Trust confirm that they have complied with Iheir duly under section 4{6) of the Charities Act (Northern Ireland) 2008 to have regard to the Charity Commission for Northern Ireland's guidance on public benefit and that the public benefit requirement has informed the activities of the charitable company in the period ended 31 March 2023.
Annual Report of the Trustees of Sister Anna Chaplaincy Charitable Trust (Continued) for the year ended 31 March 2023 The direct benefits flowing from this purpose include the education of children at Lagan College by providing greater opportunities for the students to learn more effectively by providing a safe space to nurture the minds, hearts and spirits ofthe students. The advancement ofreligion, thé advancement of human rights, conflict resolution or reconciliation or the promotion of religious or racial harmony and equality ordiversity. The beneficiaries arethechildren, parents and staff of Lagan College Belfast. This report was approved by Trustees on 13 March 2024 and signed on its behalf by.. Mrs Amanda McNamee TRUSTEE Registered office.. Sister Anna Chaplaincy Charitable Trust 44 Manse Road Belfast BT8 GSA Charity Registration Number.- 107366