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2023-10-31-accounts

Regitsleied nuinbLL': N166) l ?4 TFIE SMYTII CtIARITABLf. TRUST -rRUSTCI ES, RElbORT AIND FINANCIAL STATcfvi&wrs roR TFIC YEAR CNDEI D JI OCTOBER 2023 I i-I,.ants 42a-44a Neiv Roil, ColLrainc 13Ti2 IAr

Tlie Sniytli ChAI-itdibl¢ Trijsl Trustec5' Report aiid Fin¢ineiiil Stitenieiit5 Conteiit5 P#gc Company Inforiii¢ltiot Trustees. Report Independent Lxc1 Ininer's Report Sialeineiit OF Financial activities Balance Sheet Notes to rhe Fiiiaiicial Stateineiits

Tlie Siiiyili Cliiiri141blc Trust Coiiiiiflny Inforni£iliori ror'fii¢ Yc14 r Ci nded 31 Oclobcr 2023 Directors Iinil Tru5tee5 Mr Jaincs Sniyih Mrs Murgypdi'd Sni)'¢h Mr SLephcn Clarkc Compaiiy Number N166 j l?4 Registered orriLC 27 Greenhill Road BlacLhill ColeTaiaL Co LondonderTr' D'fi14CU Accouiilants EM ALcOunt￿nl Chariered AccounianLS 42a-44a Neiv Roiv ColcrainL B T)? IAF Indei3endcnt Exdimitxers EM Accouniants 42A144A New fioiv Coleralnc Co l.(Indtsiider B Ti? IAF 0inlcer5 Danskc Bank Doncgall Squar¢ Wo%1 Bellast B-I'16JS P(18c I

The Smyth Chqri(&ble Trust Stal¢nient of finaiici?t l Activities {iEicorpori11ing suiiini?£ ry incoiiie <11111 expeiiditure iiccounti ior TIIL l'ear Cniled 31 Oetobci- 202J Restricted Unrestricted 2023 2022 Notcs Incoming and endoivments from Donations. legacies and gifts Bank iiiterest received 1.000.200 1.948 1.948 Total inconie and endoivments 1,948 1,948 1,000,200 E¥penditur¢ on Costs of uenerating voluntary income Inlerest payable and other charges 10 Total Costs of VOner#tin￿ funds 10 Cli*qritoble eypenditure Charitable activities Running and operating costs Cliaritable donations 1.080 )00.000 1,080 JOO.000 1.840 10.000 JO1.080 JO1.080 11,840 Total expenditure )01.1 l? 11,8)0 Net incoincl(expenditure) before transfers Gro55 traiisters beiweeii funds (299.1641 (299.164) 988.)5fi i ¢t incomel{¢.Ypenditurc) for yearlnet incomel{loss) Fiind balances brought forward ai l November 2022 (299.164 (299.164) 988.iio 988,i50 988.J50 FLind balances brought forward at i l October 202i 689,186 689,186 988.J50 All amount5 relate io continuino operations of tlie charity. The charity ha5 no recogni5ed uain5 Or losses other than those included in the results above, and therefore no separELte staleinenl of gains and1055es has been presented. Thc notes on 112gc 8-9 forIn an Inte￿ra1 part of tliesc financial statenienls.

'rhe Sniytli Cli21 rit4iblc.friL5t StAtcmeTrt or finhiiciTrl Activitics {iLlCDI'pof41tillg suiiiiiiiirv iiiCOilLe aiid eTpeiiditiii'c accouiitl ror Tlie Ye:Ir Ended 31 Octobei. 2022 Restrieted Uni'estricled 2022 2021 Notc5 Inconi iiig and endoivnients froni Donations, legRcie% and gifts 1.000,200 1.000 ?00 Total iiiconie and endoTrvments 1.000.200 1,000,?00 Eipeiiditurc on Costs of gener&lints voluniary incotne Interest paya61e and other charges 10 10 Totgl costs of (Tencrating lunds 10 10 Charitable expeoditure Charitable activities Fiunning and operatinir cost5 Chai'itable donalioiis 1.840 i 0,000 1.840 i 0.000 11,840 11,840 Total e.Ypencliture 11.8iO 11.850 Net inconiel{e¥pen(J(ture) before transfers Gross transfer5 betNveen liinds 988,i50 988,JiO i et incorne/(expenditure) for yearlnet iiicotnel(loss) Fund balance) broutshL foiward at l Noveinber 20?1 988,iiO 988,i50 riisid balaiices broii¢yht forward <11 i l Oclober ?022 988.i50 988.J50 All amounts relaie to continuiiig operations OF the charity. The charity has no reco(pnised tsains or 1055es other than those included in the resulis above. and therefore no .separate 5tatenient of gain5 and losses has been presented. The notes on page 8-9 form ali integral part of tlicse fin#ncial statements

Tlit Smytli Cliirit?I ble Trust Bal¥lllCC Slieet As At Jl October 2023 2023 2022 Nolcs CURREINT.ISSETS Cdsh ￿t bank and in hand 690,086 990,190 690,086 990.190 CrLditors- Aniouiits fi illing Due Within OIIE r (9001 11.84U) L CT CURIiENI- ASSC'fs {LfA BI LITIESI 689.186 988,J)O TOTAL ASSETS LCSS CURREINT LIABILITIES 689,186 988,3iO NET ASSETS 689.186 988.3.iO Incomc and Cipendi¢ure Accounl 689.186 988.iio ,MEfvIBEIIS' FUNDS 689.186 988.3>0 These ¥ecounts have bcen prepai'ed in accordance with the piDvisions applicablc to eomp211ies subjecL to ihc small companics, rcgime. On bLhkJlt o the board Mr JamLs Smvth -rru81CC ?iih OctobLr ?0?4 -rhe nole5 on P1[ ge. 8-9 forfft parl ot ihcsL tinkjncial 5￿temenlS. Pa<iL 7

Tlle Siiiytli Cli.Iritibl¢ Ti'iist Notes to tlit financidil Statenieii¢s For Tlic Year Eiideil 31 October 2023 Note5 to ihc financial Sthtenicnts I. GLnerdil Inforniatiori I'h¢ Sniytli Charitablc I'iust 15 a pi'ivaie company, limiied by guai'anlLe, inLorporalLd in Ni orLlieri) Ircltlnd, rcgisicird nuinbei. N166) l?4 The regisELfL'd oftice 15 ?7 Grecnhill tioad, Blackliill. Coleraine. Co Londoiidcrry.. BTi14EU. 2. Accountiri¢y Policie5 2.1. S15 of Prei)Arxtioti of fi i112d IIC11d I StateInertls Tho chariiy consiitUlL5 a publi¢ benelit eniit}' as defiiied by FRS 10? The finoncial sla(emLnts arc prepared in accordance i¥iih I.-RS102 'Thc financidl Reporting Sidndard <ipplicable in Ihe UK and IlepubliL ot. Irelind" (rRsio? l.-Accountin(r and RLPal'ting by Charitl¢5"' thc 51Uten)eni ol Recommended Practice lor ehai'ilics applyinLr riis10? IliL Companics ACL 2006 aiid UK CILQLI-dlly Accepied AccountincN Pi'acticc issued in October ?019. TIIC Lompany has takcn advantagc of Ihc ￿¢1mPli1)n in FRS I from LhL requirLillcnl to proilucc a Cdshlloiv statement bccau5e it IS 5niall Lompany. TlILre have bectL no trnasitional adjustments madc and thc accounts have been preparcd undcr rhe historic cosi conveniion. I'he financial sthiemenis arc presci1￿d irt sicrling wlii¢h is Ihe lunciional curi.ency ofihc compllny and roundcd 10 the nL-drLsL £ I. 2.2 liiconiino re$ourc¢s Donations and IFifis Voluniar¥' income received bj. way of donaiions and gifts to thc charity is inbluded in full ihe SiatemenL of Financial Aciivilies. 2.3 Goin￿ concerii The Trusiecs have considLied ihal IhLrL arc no niaicriJl uncert¢iiniiLS (ibout thL LhdriLy'5 ubiliL! to continue. 2.4 Ju(Igemcnts key sour¢¢s of cstimntion uncertaiii*y In the application ol. the chdiiLy'5 ac¢Dunling policics. the irusiecs ate required io iiiake judgTrLm¢iits (aparl Iroin those involvinc %timatesl. estimates and È1Ssumption5 aboui rhe cairyino amouni ofasscLg and liabiliiic.% Iliai gre not re<idilv app41reni Irnm Olhtr sources. ThL estimates and asx)ciaLLd assutnpLion5 art bascd on hisiorical experieNLL (Ind uihcr facloi'5 ih£lL ar¢ Consider￿ io be relevant. Aciual Icsuli% tnay dil'lir (rom Ihesc LslimaiL%. ThLSL csLimalLS undcrlying a.%5umplions are rCvi¢i￿ed c)Th an ontsoin(r b£lSiS. RLV15ion.% lo acCnUnLin￿ e8limalL% arL rccognised in Ihe PLriod in ivhiLh thL LsLiindtC 15 rcvi5cd lvhcre ihe revision al'ltiis oiily thal period. nr in tlic rcvi5i0n and luiurc period ¥vhere i'ei'ision b()th curycnt and lulure PLriods. 3. Averd?ge iNutnbLr ol Employecs Avcraoe numbei. ol- employees. includinTr Trustees, durinD the year Ivas as lolloivs.. NIL (?022= NIL) 4. Chil ritnbl¢ Donations 2023 2022 Op¢r¢iLion ￿[Obili￿￿tion Stnilcs Foundation Sai7 ?iO,000 iO.ODO 10.000 iOO.000 10.000 Ex#miThcrs' rcmuRer%tio 2023 2022 Examination of financial siatcmcn¢s 1.080 900 l.U80 900 Page 8

  1. Crcilitors- Aniounts fAlliiig Dlie Within OIic Year 2023 ZOZ2 Accruals and deleired inconie 900 1.840 900 1.840
  2. Compid ny liniited by gu<irAntee Th¢ companv is limiLed by guarantec and lias no Share Capi￿1. Cvcr) mcmbcr ol. the conipany undcrtakcs to conrribulc to ilic as8ets rTrl'lhc eompany, in the evcnL of a ilinding up. such an aTnount a5 may be required nol exeeedlnv £1.
  3. Xntion I'he 15 a rcgislLred charity. aiid as Such is entitled to cerlain tax exemptions on income and pri)lits Irom investmcnts. and surpluscs on any trading aelivilies carried on in tunlierance of Lhc charity'5 priinarv objcctives. il these proliis and surpluse5 aro supplied solely lor charilablL purp)SLS.
  4. 'frustces' CmolumeTrt$ -riic trustoe% n¢iihci- rec¢iv¢d iior ivaivcd any eini)lumenis durino Ehe year (20??: Nill. No oul-ol-_fKILkct c.xp¢nscs iveir rLimburscd io Iru.SlLes during Lhe Year l?O??: Nill.
  5. Relklted I'#rty'l-rnnsaclions During tlie y￿r rlieir WLre no dvnations were made lo (he chariiy bv Iiuslees {702?= £1.0()o:?001. I l. Capital C.ominitni¢llts Ai J15¢ OciobLT ?02J Ihere ivcre no committnenis for capital e.%pcndilure.
  6. Ultimate Controlliiio I'#rty -I'h¢ chai'itj 15 conirollcd by the bourd o1-11115lees and Ihe trustecs coftfitm there is no uliiinate coi)IrollinD party.

Pagc 9 Tlic Sinytli ChAritl£ ble Trust D¢¢ililcd Inconic Exiieiidilure Aecoiiiit ror The YeAr Eiiilc(131 Ociobcr 2023 202J 2022 }ldmrnistrt￿tLve E¥pen5e5 AudiL Ices Accouniancfv feL Prolc5sional Iccs 900 1.080 Bai)k cliarg¢5 Cl)ai'iLablL dttnaLion.% 10 iOO.OQO i o.ooo 111.8iOI Otl)ei- Operii tinu In¢om¢ Donations InlLI"LSt reccivablc 1.000 ?00 1.948 1.948 I,000.?00 OPERATIINC (DEficiTIISURPLUS AND (DEficiTIISURPLUS FOR THE FIINANCIAL YEAR (?99,164) 988.iio PaRe 10