STRATHFOYLE WOMEN'S ACTIVITY GROUP LTD TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2023 The trustees present their annual report and financial statements for the year ended 31 March 2023. The finanryal statements have been prepared in accordancè with the accounting poliues set in note 1 to the financial staternent5 and comply with the charity's goveming document, the Companies Act 2006 and "Accounting and Reporting by Gharitles- Statement of RecomtneiTr¢Jed PrdGtice appliGable to charities preparing their acGounts in accordance with the Financial Reporting Slandard applicable in the UK and Republic of Ireland (FRS 102) {effectrve 1 January 2019)" Objectives and activities The objects of the charity as stated in the Memoranijum of Assoctation are to relieve poverty, to advano education and Ihe preservation and protection of health specificalty, but not exclusNÈly, among women residing in the Strathfoyle and rural Dery areas and their environs by and in particular. associating the statutory alrthorities, cofflmuntty and voluntary organisations and the inhabitants in a common effort to advance education, and to provide faolrties in the interests of soual welfare for recreation or other leisure time occupation with the object of improving the conditions of life for the said inhabitants- the advancement of education, training or retraining. particularty among unemployed people, and prowding unemployed people with work experience" the rna1ntenan, improvement or promsion of public amenities- the provision of assistance in the prowsion of recreational facilities for the public at large andlor Ihose who, by reasons of their yOLrth, agè. infimity or disablement. poverty or socaal and economic arcumstances, have need of such faciltties- the provision of public health faciltties and childcare. Our mission is to provide high qualty individual, famity and community support for people living in the Strathfoyle area. Cèntral to this is the provision nf a range of education and training opportunities, tsilored in response to need and supported with high quality childcare. We also seek to influence and encourage other agencies to address social and economic needs and other specific issucs facing the community. We prioritise working in partnerqhip with others to achieve our strategic aims. We remew our aims, objectives and actiwties each year to ensure that they remain focused on their stated purposes. We provide a wide and varied program of activtbes and events to enable women to access opportunities for leaming and development in 8 flexible and supportive environment. We prowde childcare focused on the nÈÉds of the child, tsknng account of the needs of women from a wide range of backgrounds and experiences. We work in partnership with women's organisations and other agencTe5 in the North West, at a regional level and beyond. to infiuence positive change in the field of women's equalty, leaming and development. At Strathfoyle Women's Activtty Group we aim to: Educate Working with local organisations and individuals. we provFde educational faciltknes so that all our stakeholders have an equal opportunity to develop their fijll potential. Support We provide individual, famity and communty 5UPPOrt to our slakeholders. offering the opportunty to make a brighter future forthemselves and their children. Develop Partnerships We work together with a wide range of group5 to maximise our abilty to reali5e our mission. Deliver Quality We aim to deliver services that are of the highest qualty. that are well planned and managed. We aim to be effective, efficient and accountable in all our work. Thè truAtÈ@s have paid due regard to guidance issued by the Charity Commission in deciding what actiwties the charity should undertake.
STRATHFOYLE WOMEN'S ACTIVITY GROUP LTD TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Achievements and perfomiance During 2022123 we delivered 25 capauty building education & training programmes to 296 partictpants and provided 90 childcare places each Wee We also.. Delrvered a series of training programs implemented for stsff, volunteers & board of directors. Facilitatèd Craativè Crafts Facilitalèd an Anxiety Management with CBT Programme Facilitated 2 Positive Ageing Programme to women aged 55+ one on a Monday and one on a Tuesday, offering Social Interaction Crafts. AmithairAerobics and Holist Therapies. Facilitated Cook it (tsvI) Facilitated Yoga and Mindfulness Facilitated Nurturing (1) Facilitated Art Facilitated Baby Massage Facilitated Baby Yoga Facilitated Baby Swim Facilitated Toddler Swim Facilitated Incredible Years programme Facilitated the MAS Programme Provided a Drop-in Respite Program for Families wrth additional nÈÈds Prowded a weekly Jo Jingles Music & Movement program for young children & their parentslcarers. Provided 2 Weekty Sessions of Stay and Play Provided 1 Weekly Se$5ion of the Play Programme Worked strategically with other women's centres and groups to develop a Regional Infrastructure. Contributed to consuttations. extemal bodies and agencies on social economic and communty development issues. WDrkp.d with oth@r agencies to foster social and economic developrnenL Worked in Partnership with Local Communty Groups. Facilitated Mindfulnc5s programmes Facilitated Know, Grow Flow Facilttated One to One Counselling Facilrtated Crochet Facilitated Managing Challenging Behaviour Facilitated Pediatric First Aid Facilitsled Emergency FirstAid Facilrtated Understsnding Autism One to One Parenting We have also offered Creche for Courses and a Drop-in Resptte Creche. We also offer a Parent and Child Together Programrne which incorporates". Stay and Play Home Play (During Covid19 Pandemic) Jo Jingles Laughter Yoga Muttisensory Activitses Trips Fun Time Early MoveT5 Financial review The tharity retained the continued support of its funders during 2022123. Total income for the year was £244,295 of which £219,613 was generaled from grant fijnding bodies and £24,682 from donations, course contributions and GP counselling semces. Total expenditure by the charity was £244.132 all of which wa5 spenl on direct charitable activtknes. The balance on total funds at the year*nd was £124,073, of which £22,475 were restricted and £26.719 were general unrestricted funds. Wilhin unrestricted funds, £74.879 has been set aside as designated fvnds relating 10 expendiiure incurred on tangible fixed assets. ReseThes policy The Trustees consider rt prudent to hold monies in reserve in the event that unforeseen circumstances should lead to financial difficulties which might put the future of its employment capaaty. users, well-being and general charitable work in jèopardy.
STRATHFOYLE WOMEN'S ACTIVITY GROUP LTD TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 The Trustees have examined the charity's requirements for reserves irb fight of the main risks to the organisation and established a fonnal policy which stipulates that free reserves be mainlained at a level whith ensures that the charity's core aGtivity coultl GQntinue durtng a period of unforeseen dth()Jlty. Free reserves are defined by the Trustees as unrestricted inGorne fttnds free available for use as the charity so determines and thereby Éxcludes any funds commrtted, invested in tangible fixed asset5 held by the charity and restrided or designated funds. The Trustees, policy is that the amount of free reserves should reflect three months. of operating cost5. The Trustees consider that reserves at this level will ensufe that irs the event in a signffin1 drop in funding, they will be able lo continue the tharity's cuent activrbes whilst consideration is given to ways in which additional funds may bp. r8is@d. The Trustees, assess that three month's of operating costs amounts to approxirnately £55,000. Free reserves as at 31 st March 2023 are £19.831. The TnJstÉp.s ftontinue to strive to build a general19vel of reserves in accordance with their policy so that they will be able to continue the current activities of the chaiity. In the short teryn. the Tnjstees have also considered the extant to whid) existing acttvities and expenditure should be curtailed, should Gircum5tance5 arise. Risk Management The Trustees are aware of the major Tisks to which the charity is exposed. ere appropriate, systems or procedures have been established to mitigate the risks the charity faces. Intemal control risKb die minimi5ed through the procedures for authorisation of all transactions and projects. Procedures are periodically reviewed to ensure that they continue to meet the needs Df Ihe charrty. Procedures are also in pla to ensure compliance with heatth and safety of staff, volunteers and dients. Thè Trtjstees have assessed the rnajor risks to which the charity is exposed. and are satisfied that systems are in place to mitsgate exposure to the major risks. Plans for the future Strathfoyle Wonieii'b AGtivity Group Ltd, was establishe{1 in Juty 1986. aim5 70 relieve povety, to advan educational opportunities and to provide better heahh and welfare through the provision the provision of facilrties and acttvities for women, lone parent5 and Pre-school children of Strathfoyle and Maydown.. Our project is designed to empower individuals while building their capacJty to enable them to parb-cipate in training events and development activities and health events. The long-tem outcome being that their self-esteem, self awareness and confidence is raised equipping them to become reintegrated into the labour market, also in doing this we aim to break down the barriers to participation, i.e. Crèche facilities being available for all day-time activrties to enable women to participate. We offer accredited and non-aGGredited piogratnffle5 and offer services such as personal and professional development leading to a rise in self-esteem, self awareness and nfiden which often is the first step to empowerment. Structure. governance and management Governing document Strathfoyle Women's Actiwty Group is a company limited by guarantee and accepted as charitable by HMRC under referen XR1520211. The company was incorporated on 14th March 2002. The company was Éstablighed Ljnder a Memorandum ofAssociation which established the objects and powers of the company, and is govemed by its Articles of Association. The liabilty of membÉrs is limited in that every mèmber of the company undcrtakes to contribLrte an amount nol exceeding £1 in the event ofthe company being wound up.
STRATHFOYLE WOMEN'S ACTIVITY GROUP LTD TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 The trustees, who are also the directors for the purpose of company law. and who served during the year and up to the date of signature ofthe financial statements were. Patricia Anne Simpson (Chair) Bronagh McElhill (VI Chair) YvoTine Mitthell (TieclSuiei) Rebecca Lovell Iv1 Chair) Josh Willis (freasurer) Rachael Ferguson (Secretary) Hester Clarke Elizabeth Dixon Carlanne Young Holli Collins Catherine Quinn Stephanie Meenan Trevor Curran Cada Linton Angela Bradley (Resigned 10 Juty 2023) (Resi9ned 10 July 2023) (Appointed 6 July 2022) (Appointed 6 July 2022) {Resigned 10 July 2023) (Resigned 10 Juty 2023) (Resigned 2 August 2023) {Resigned 10 July 2023) {Resigned 1 August 2023) (Appointed 12 Oclober 2023) {Resigned 10 July 2023) Recruitment and appointment of the Trustees All members of the board shall retire annually but shall be eligible for election or appointment again. Nominations from members of the group for membership of the board must be in vlribng and must be in the hands of the designated officer at least seven days before the AGM. Under the requirements of the Memorandum and Arbcjes of Association unless otherwise determined by the oompany in General Meeting the number of Tnjstees shall not be less than foLtr. Trustees are elected to serve only until the next Annual General MeeTr"ng ai which they shall then be eligible for re-election. All members of the Board of Trustee5 give their time voluntarily and reiVed no beneffts from the charity. Organisation Structure The charity is administèred by a Board of Trustees vtho are responsible for the strategic direction and policy of the company. Eloard members are from a variety of professional backgrounds relevant to the work of the charity. The board as a whole was approved by the AGM and continues to monitor its membership. The Board has appointed a management team to manage the day to day operations of the charity.
STRATHFOYLE WOMEN'S ACTIVITY GROUP LTD TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Statement of trustees. responsibilities The trustees, who are also the directors of Strathfoyle Women's Activity Group Ltd for the purpose of company law, are responsible for preparing the Tni.gteÈs' Report and the ffinancial statements in accordance with applicable law and United Kingdom Accounting Standards (United lfjngdom Generally Accepted Accounting Practi). Company Law requires the trustees to prepare finanaal ststements for eath financial year which give a true and fair view of the state of affairs of the charity and of the incoming iesources and application of resources, induding the income and expenditure, of the charitsble company for Ihat year. In preparing these finxnti21 statements. the trustees are required to: select suitable accounting policies and then apply them consistently; - observe the method5 and prinixples in the Charities SORP.. - make judgements and estimates that are reasonable and prudent; - state whether applicable UK Accounting Standards have been followed. subject to any material departures disclosed and explained in the financial statements- and prepare the financial 5tstetnents on Ihe 90ing concem basis unless it is inappropriate to presume that the charity will continue in operation. The trustee5 are responsible for keeping adequate accounting records that disctose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. Thay ar& also responsible for safegu8rding th@ assets of the charify and hence for taking reasonable steps for the prevention and detedion of fraud and other Iegular1ties. The trustees, report was approved by the Board of Trustees. PatriGia Anne Simpson (Chair) Trustee Dated: 31 January 2024