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2023-10-31-annual-report

Tlie Sniytli CliirTtible Trust Coiiiijaiiy INO. N166*124 Ti-u.stecs' Report For Tlie YeAr Ci ndcd 3 1 October 2023 Thc Trusices, Lvho are also tliL Truslecs of Ihe coinpany for the piirposes ol-the Comp#inies Acl, prcscnt thcir aniiual rcpo)ri and tinancial stLI(cmen(s ot the charily foi Lhe vear endL.d i l October 20?). Thc Irustces conliim tl)aL ilieir attnual i'eporL and ljnancial 5Laiemcnt5 comply M'itli curi'cnl 51atuiorv I'LquirLITILnt$: thL COmPany'5 govcrning documcnis and provisions of thc Siatcment ol. Recomniended PracLice.s appliLablL LO cl)ariLies. Tlic intorrndlion Kvith r¢spcct w trustLcs, directors. ol'lhcers and &dvis¢rs 5Ct ou( on tlic informaLion page, korms pari ot this report. AdiTirnistratlOll lind GoYcrnAnee -rhe StnyLI) Charitablt TrusL 15 regi5rered with Companies Registrar under rLTrtslSlrntion numbcr N166 j l?4 as a private limiied compan} by (Tuarantee. It is also retsistered iviLlI Llie Charil%' commi5siun Nl 108?44. Its ietsistered olliee is ?7 Greeiihill Road. Bl(icLhill, Colernine B'l i14EU. 'I'he tru5tces who held otlice during the year ¥vere as follows.. Mr James SmyLh Mrs ￿[argaret Smyih Mr Stcphcn Clarkc Risk fvl.IUAwement 'I'hL Iru5tLes itrho arc also directors have revieived the rL5k5 to which the charity is exposed and have iniplernented .sysienis ￿nd proLcdures io IniLigatL this ri5L. Frni?ncidil Rcvicli & Rc.serves Pnlicy -rhe Tru51ees. Ivho ar¢ a150 the directors ol. (he conipany lor the purposes ol. the Conipanies Act, have approved their aniiual r¢porl and aiidited linancial sia(emLnts of thc chic i-lly lor the ycar cnd¢d i l Ociober ?O?- 'I'lic liiiaiicial statLn)ents havL been pi'epared in aecordance ￿vElh thc accounlin poIi¢ics SCL oiil noL¥ l Lil LhL ¢lLcounts and LOTnply wilh thL CompJnies Acl ?006 and 'AceounlinTr and RLporiintt by Charities.. StatcmcnL ol ftc¢oinm¢nded l)i-aclice appl icable to ch&iri(ics prcpdring Ihcir accounts in accordance with theFinancial fieporling Siandard appliLable in the UK and ftcpublic ol Ir¢land (FR% I O?) (clfective l January 20151" The charity's polic J on rcstrictcd fuiids 15 Lo separaiLly record donaiioLIS, (Trant5 and OLher sourc0.% ol- lundi'aising where restrictions arc imi)osLd ihat are norrower Ihan the chtsi'ity's overall objcctives. At Lhe balanLc shect dtLtL, che ioLal re5erv¢s amoun¢¢d to £689.186 an(J ihLse arc ill unreslricted. l-h¢ 51atemeni of trindncial aLLivilies fur the vcJr 15 sel oiil on page i OF the financial staicmenis and slio¥vs a delieii lor LhL y¢ar amouniino to £?99.1641?02?: Profit £988.iiOI. Cha rita ble Purposes and Activities -rhe Sinyih Cliaritable Trust passes funds on lo cxisting charities aiid Aon-Trovernmenlal or8aliT5ation5 working in the Lreas of healih. educdlion. religion and community development. All ihe projects we fund arc pcrsonally seleciLd by the tL-USILes and have a proven track record in thcir tield of experlise so that we can be surc Éh¢ monies go to the int¢nded benelicidriLs. Public Beiicfit Th# TL-US(ecs h41Ye had regard to thL Comm issions Public benclit slatutory guidance. The Sniyth Charitablc-l-ru5t benetiEs Ihe gencral public by the projiiotton of Cl)risiian values lor thc benclLI of individuals, wilh people coining ￿ laiih. finding a renewed purp05c in litc, and integraling into supporLive coillniunities. Future Pla iis "rhc charily ELÈin% Lu LuntinuL lo pas5 Funds on to existing chariiies who work towardg ilic prcvention or reliLf o f poveily. tlic advanccment of ¢duLalion and religion. rhe advancement of hcalih or tlic saving of lives. Ihe advancement or citi7cnship or communily development and thc relict of thos¢ in need by reason of you(li. age. ill hekilih, dL5abilily. rindricial hardship or other di5advanlage. -rnx Liabilitics Thc Smylh Charitable-l-rust 15 a rcgislcred charity- all of its activities are charitable artd Li d0¢5 noi hdV¢ any non- charitablc trading aLiivilies. Page ?

Tlie Sin)tli Llifti-itiblc Trust Director5, Reiport (coJitinu¢dl ror Tlie Y¢r Cnded 31 October 2023 Statcmcni of tl'U5tce5' responsibilitie5 in resiicct of tlic Aniiu4Tr11-eport And Ilie fiiiancial statenicTrt5 Tlic Irusices are i-esponsible foi. prcparing ihe liiiiiiciJI sialeinents loi Ldch linatlcial yLar %vliich nivL A Lrue and lair vielv. in aceoi.ddncc 14ith Uniicd Kinudoin GLncrally Aeccpted Aceounlino PracLicL ol'- Ihe SLa(e ol'the arr£lifs 01"'(IIL chai'ity Elnd ol. the 5talemcnt oi financial aciivilies ol ihe chariiy for rliat pcriod. In prcpai'jnts Ihosc Financial 5taiemenls ihe ollicers atld mL'niber.% ol-the commiLLLc are rEqUtred to.. select suiiablc &ccountin policies and apply ihLni consi5tentlJ; observ¢ Ihe InLthuds Jnd principles the CharitlLS SORP; makL judgerTLenlS and e5LimatC5 thal arc reasonable and prudeftt: state ivhciher applicable UK.4ccouniinu Stundard5 have bcen lolloived. subjeLt lo any malcrial dcparLurcs disclosLd and c.Yplaincd in ihe accounts; and prcpare th¢ Iinancial 5talcmenLs on the going conccrn basts unless il is inappropriaLr to pr£sumo thai thL company ivill conlinuc in busincss. Th¢ Iriislees are responsible lor LLeping proper accouniino iecords which disclosc Kviih rcasonablL accurd¢y 411 anv tinio Ilie lin￿n¢la] POSILion ol-lhc club and thac help ensure thal Ihe aceounts coinply ￿ltI1 Ilie Conipanies Aci 1006. Th¢y aro also respL)nsibltt li)r salcguarding the asset5 of the chariTr aiid henc¢ for takino reasonable sieps lor the prevenLioii and deicction Dr fraud and other ii'reoulai-iLies. StAtenicTht of disc105ure of informition to independeiit cxaniiti¢rs So far as each ot the Irustee5 in ol'licc al Ihc diite ol'approi'al ol-tliese financial statements 15 Iivpre- thcrc is na relevanL inloi'mation ol-Ivhi¢h Ihc ¢hariiy'.i aceountanL% arc unawai"e= and Lhej htlyc taLcn all the.%teps thal ihey oughL lo havc taken as trusteesldircctor% in ai'dcr to make thcm5elves aivare of anv relevanr inforination dnd to esiablish that Lhc chariiy's accounun(s are aivarc of thal inlormation. Iiidepend¢tit Ex.1￿inCrS rvl Accouiitants, 4?A-44A Ncw Roiv. Coleraine. ol'lcr theiiisclvcs for re-appoininiLnt. SMAII Cnmpx uy Rulcs Thi5 ILPOrt has been prepared in accordance iviih ihc special provisions rclatino to companies subject lo thc small cumpansLs rL&yitne ilithin P&irt l i of ille Companies Aci ?006. This repoi'l ivas appi'ovcd by the Ii'ust¢cs on ?) Octobcr ?0?4 and.%ignLd on their b¢haifby= James Sniyili, ]- The Smyth Cliur usi abl Trust