Charitable Donations of Richard Jackson of Forkill in the County of Armagh TRUSTEES. REPORT for the financial year ended 31 December 2023 The trustees present their Trustees. Report and the unaudited financial stslements for the financial year ended 31 December 2023. The financial slatements are prepared in accordance with the Charities Act (Northem Ireland) 2008, FRS 102 Yhe Financial Reporting Standard applicable in the UK and Republic of Ireland. and Accounling and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their financial statements In accordance wtth the Financial Reporting Standard applicable in thé UK and Republic of Ireland (FRS 102}. The Trustees, Report contains the information required to be provided in the Trustees, Annual Report under the Statement of Recommended Practice ISORP) guidelines. The trustees of the charity are also charity trustees for th6 purpose of charity law and under the charity's constitution are known as members of the board of trustees. In this report the trustees of Charitable Donations of Richard Jackson of Forkill in the County of Annagh present a summary of its purpose, governan, activities. achievemenls and finances for the financial year 31 December 2023. Mlsslon, Objectives and Strategy Objectives Compliance with Public B8nefit The Charity Trustees have had regard to the Charity Commission for Northem Ireland's statutory public benefit guidan to ensure that activities entered into during the year have helped to achieve the charity aims and objeclives as well as providing public benefft. The charitable trust was set up on 25 May 1789 following the death of Richard Jackson Esq. by an Act of Parfiament for the clothing and educating of children of the Church of Ireland, making a decent provision for old tradesmen or faMie and to propagating the Christian Religion in the East. With thé passing of time changes have been made to the categories by resolution passed by the board. The charity makes contributions to schools, donations to Southern Area Hospice Services, Help the Homeless (food bank) and CMSI. Structure, Govemance and Management Structure Goveming Document The principal document regarding govemancg of the charity is the will of Richard Jackson agreed under an Act of Parliament in May 1789. The charity is an unincorporated organisation. Organisational structure The trustees are responsible for the day to day running of the charity. The board of trustees hold meetings quart8rly throughout the ye8r. The board of trustees should consist of tsvelve volunteers elected each year at an Annual Gèneral Meeting. New trustee appointments are either from the younger generation of previous truste85 or are recommended to the board of Iruste8s based on association with Ihg charity and its aims. Revlew of Activities, Achievements and Performance Durlng the financial year Ihe charity has -donated to the Southern Area Hospice Services and North Louth Hospice., -contributed to the Newry Food Initiative. Iven an educational payment to support a number of disadvantaged boys and girls attending St. Nlcholas Pre School, Forkhill Playgroup and DunDealgan National School., onated to CMSI (for aid to the Dioces8 of North Klvu DRCI to help females in distress. onaled to Women's Aid., 4onated to Simon Community Dundalk; 4onated to The Bishop's Appeal for the earthquakes in Turk8y and Syria. Financlal Review The results for the financial year are set out on page 7 and additional notes ar8 provided showing income and expenditure in greater detsil. In¢ome During the financial y8ar the charity continued to raise funds via rental income and dividend and interest income from investments.
Charitable Donations of Richard Jackson of Forkill in the County of Armagh TRUSTEES. REPORT for the financial year ended 31 December 2023 Results At the end of the financial year the charity has assets of £596,925 (2022 - £597,039) and liabilities of £3,081 (2022 £3,486). The net assets of the charity have increased by £291. Reserves Posltlon and Pollcy The charity had restricted reserves of £593,844 at 31 December 2023 (2022: £593,553). There were no unrestricted reserves at the year end. The overall objectives are to create sufficient income and capitsl growth to enable the charity lo cary out its purposes consistendy year by year with due and proper consideration for future needs and the maintenanc8 of, and if possible, enhancement of the value of invested funds while they are retained. Approvod by the Board of Trustees on 31 August 2024 and slgned on Its behalf by: Mr Wllllam Chambre Trustee Eveson us