3:16 TRUST LIMITED REPORT OF THE TRUSTEES for the Year Ended 30 JUNE 2023 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities= Statement of Recommended Practice applicable to charities preparino their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims 3:16 Trust Limited is a Christian organisation and the main objectives are.. (a) to provide emergency practical assistance to those in crisis, free of charge. This may include, but not limited to, providing food and pastoral care. (b) provide relief of suffering in mind. body and spiril in particular though not exclusively as an adjunct to ongointr medical treatment. (c) offer hope, ongoing support and encouragement for anyone struggling with life controlling issues, such as depression or addictions in the fonn of a drop in centre. (d) offer spiritual guidance and instrnction in Christian teachings. This will be done without distinction of age, sex, race, political, religious or other opinion. primarily in the county of Fennanagh. The activities of the Charity include'.- providing food banK opened to the public, using volunteers raisin funds through grants and donations to aid the work of the charity co-operate with the support other charities with similar charitable purposes offer prayer and Christian counsellino provide Christian education in the fonn of literature and teaching. Significant activities The charity also carries out its work by opening to the public to= offer emer(Fency support in times of crisis. for example food parcels provide accredited counselling services offer a drop-in facility for the local community offer bible studies, prayer and other Christian activities We work with local businesses, churches and other oroanisations to encourage generosity in giving donations to 3:16 Trust Limited . All this work is done by a small dedicated group of volunteers. A coffee shop runs every Tuesday and Friday with the help of volunteers. The coffee shop sells hot drinks, tray bakes and scones. Any profits frotn the coffee shop are used to further the charitable objectives of the charity. The main aim of the coffee shop is to provide an opportunity for the local community to seek help and advice if needed. Page I
3:16 TRUST LIMITED REPORT OF THE TRUSTEES for the Year Ended 30 JUNE 2023 OBJECTIVES AND ACTIVITIES Public benefit The Trustees seek to ensure that the public benefit requirement is considered and J'.16 Trust Limited facilitates this havino regard to the Charity Commission guidance on public benefit. Financial Revieiv The results for the year ended 30 June ?02) are sel out on paoes 4 and 5 of the financial statements. The total income for the year ended )0 June ?02) amounted to £28.772. £10,478 of which related to the coffee shop. The total expenditure for the year amounted to £11,995 and the cash at the bank at 30 June 202J amounted to £68.612. Durints the year the charity received an unrestricted grant from Femianagh and Oma(yh District Council as part of a "Warni Space" initiative to provide a wann and welcomino place for people to oather and help lessen the impact of the. cost of living crisis. The charity also purchased a snooker table to help create a more sociable environment for those visitino the Centre. Going Concern After makintr appropriate enquiries the trustees have a reasonable expectation that the Charity has adequate resources lo continue in operational existence for a period of at least 12 months from the date of this report. For this reason they continue to adopt the tsoinu concern basis in preparino the financial statements. Further details regarding the adoption of Cvoino concern can be found in the Accountino Policies. Future aims and objectives The Charity hop¢s to continue to offer a welcomino service within the community during the year ended 30 June 2024 and beyond. Donation5 and support from volunteers remains slrono and there is a strong uptake of services within the community. Reserves Policy It is the policy of the Charity that reserves that have not been desi(vnated for a specific purpose should be maintained at a level equivalent to 2 months expenditure. The Charity considers that reserves at this level will ensure that. in the event of a significant drop in fundin& il will be able to continue its activities. The reserves at JO June 202J are deemed at an appropriate level to satisfy this policy. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its Cvovernino document, a Memorandum and Article5 of Association, and constitutes a limited company. as defined by the Companies Act ?006. The company was incorporated on J October 2019 and has applied to be registered with the Charity Commission for Northern Ireland. The charity activities were previously carried on by J 16 Lisnaskea Limited and the assets were transferred on l April 2020. Prior to incorporation the charity was previously known as 3-16 The Panty. REFERENCE AND ADMINESTRATIVE DETAILS Registered Cofftpany number N16648J3 (Northem Ireland) Registered Charity number 108792 Page 2
3:16 TRUST LIMITED REPORT OF THE TRUSTEES for the Year Ended 30 JUNE 2023 Registered oifiee 165 Main Street Lisnaskea Co. Fermanagh BT92 OJE Trustees Mrs V Crozier Mrs S Johnston Mr D Phair Mr J Johnston Independent Examiner Patton Rainey and Associates Chartered Accountants 6 East Bridoe Street Enniskillen Co. Fennanagh BT74 7BT Approved by order of the board of trustees on 6 October 202J and signed on its behalf by- Mr J Johnston- Tr