3:16 TRUST LIMITED REPORT OF THE TRUSTEES for the Year Ended 30 JUNE 2024 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 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing 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, fTee of charge. This may include, but not limited to, providing food and pastoral care. (b) provide relief of suffering in mind, body and spirit. in particular though not exclusively as an adjunct to ongoing medical treatment. (c) offer hope, ongoing support and encouragement for anyone struggling with life conlrolling issues, such as depression or addictions in the fonn of a drop in centre. (d) offer spiritual guidance and instruction in Christian teachings. Thi5 will be done without distinction of age, sex, race, political, religious or other opinion, pritnarily in the county of Fennanagh. The activities of the Charity include'.- providing food bank, opened to the public, using volunteers raising ￿ndS tlirough grant5 and donations to aid the work of ihe charity co-operate with the support other charities with similar charitable purposes offer prayer and Christian counselling provide Christian education in the form of literature and teaching. Significant activities The cliarity also carries out its work by opening to the public to= offer ernergency 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 organi5ations 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 bake5 and scones. Any profits from the coffee shop are used to further the charitable objectives of the charity. Tlie rnain aim of the coffee shop is to provide an opportunity for the local community to seek help and advice if needed. Public benefit The Trustees seek to ensure that the public benefit requiremenl is considered and 3=16 Trust Limited facilitates thi5 having regard to the Charity Conunission guidance on public benefit. Financial Review The results for the year ended 30 June 2024 are Set out on pages 4 and 5 of the financial statements. Tlie total income for the year ended 30 June 2024 amoui)led to £37.730, £17.918 of which related to the coffee shop. The total expenditure for the year amounted lo £32,475 and the cash at the bank at 30 June 2024 amounted to £71,437. During the year the charity received a restricted grant from Fennanagh and Omagh District Council towards provisions for the foodbank. Going Concern After making appropriate enquiries the trustees have a reasonable expectation that the Charity has adequate resources to 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 going concern basis in preparing the financial statements. Further details regarding the adoption of going concern can be found in the Accounting Policies. Page I 3:16 TRUST LIMITED REPORT OF THE TRUSTEES for the Year Ended 30 JUNE 2024 OBJECTIVES AND ACTIVITIES Future aims and objectives The Charity hopes to continue to offer a welcotning service within the conununity during the year ended 30 June 2025 and beyond. Donations and support from volunteers rematns strong 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 designated 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 funding, it will be able to continue its activities. The reserves at 30 June 2024 are deemed at an appropriate level lo satisfy this policy. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a Memorandum and Articles of Association, and constitutes a limited company, as defined by the Companies Act 2006. The company was incorporated on 3 October 2019 and has applied to be registered with the Charity Commission for Northem Ireland. The charity activities were previously carried on by 3-.16 Lisnaskea Limited and the assets were transferred on l April 2020. Prior to incorporation the charity was previously known as 3..16 The Pantry. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number N166483) (Northern Ireland) Registered Charity number 108792 Registered office 165 Main Street Lisnaskea Co. Fermanagh B T92 OJE Trustees Mr5 V Crozier Mr5 S Johnston Mr D Phair Mr J Johnston Independent Examiner Patton Rainey Stenson Limited Chartered Accountants 6 East Bridge Street Enniskillen Co. Femianagh BT74 7BT Approved by order of the board of trustees on 20 December 2024 and signed on its behalf by-. Page 2 3:16 TRUST LIMITED REPORT OF THE TRUSTE< [4 S for the Year Ended 30 JUNE 2024 Mr J Johnston - Trustee Page 3