GLEN RURAL COMMUNITY GROUP (ARMOY) ids. chartered accoufjioyts TRUSTEES, REPORT FOR THE YEAR ENDED 31 OCTOBER 2023 The Trustees present theii annual report and Iinancial statemenls for th.e year ended 31 October 2023. The accoufjls have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity s constitution, the Charities Act (Northem Ireland) 2008 and "Accounting and Reporting by Charities.. Statement of Recommended Prac!"fte applicable to charities preparing their accounts in accordance with the Financial Reporting Standard app4icaDle =n the UK and Republic of Ireland IFRS 1021 leftective 1 January 20151" Objectives and activities The cnarily's main objective is to manage and operate a rural community centre completely with volunteers for public benefit. There is no other community centre in this ru.'al area and the local coJncil provide no support. The Rural Community Centre is close lo the local church ap.d a big benefit is provioing after iuneral meals and other church events. Local Farmers and Sports clubs also use Ihe Community Centre. Providing social enterta,'nment, Iweeky bingo sesSioS and fortnigllly whist drives) for the elderly. Improving the lives of people in a disadvantaged ruial community. To promote the rural community, the voluntary secior and ihe inhabitanls of tha area for the public benefit. Provide facilities in the interests of social i*ielfare for recreation and other leisure lime occupations and lo relieve poverty, sickness ano tle aged with the object of iri.pioiJing Ihe conditions of life for the said inhabilanls of Glenshesk and district area of Co Antiim. The Trustees have paid due regard to guidan issued by the Cnarity Commission ir, deciding ivhat activities the pharily should undertake. Achievements and performance The main areas of Charitable 3cIIvil/i are the provision of community services, (eg. Providing weekly social entertainment and card games with refreshTri enls) Providing after funeral meals at the community centre Providing rental facilities to other groups in the area. fundraising and donations to help with th e running costs of the rural community cenlre. Applying for sma51 grants to various funding bodies. Financial review The principle funoing source for the charity is the rental income, and income from small grant don ations. In the 2023 financlal year there wa5 a lolal grant and donations income of £6.94812022'. £8,423). It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained al a level equivalent lo befvieen three and six monlh's expenditure. Tne Trustees consider that resepJes al Ih,Is level will ensure that in the event of a significant drop in funding, they will be able to continue the charity's current actlvilies while consideration is given ta ways in b4Jhich additional funds may be raised. Thi s level of reserves nas been malntained throughout the year. The Trustees have assessed the ma.or risks to which the charity is exposed, and are satisfied that systems are in Jlace lo mitigate exposure to the major risks. structure, governance and management The organisation is a Northern Ireland reglslered charity NIC 100086 registered 181',112014 having previously been registered as a charity viith the HMRC. The Rural Community Group operate under an approved Charitable Conslilulion which satisfies the areas of public benefit - relief of povetty, 51ckness and aged and promoting the Denefil of the inhabitants of Glenshesk and district area of Co Antrim.. Tne management committee is elected al the Annual General meeting each yea., as per the conditions of the -or,slitution a financial report is prepared each year running from the 1 November lo the 31 October.
GLEN RURAL COMMUNITY GROUP (ARMOY) ids, chartered ccO1JntQn[S TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2023 The Trustees who served during the year and up to the date of signature DT trie financial statements were.. Philip Christie Anne Doulhart Cono,, Devlin Jacqueline Breen Mary Devlin Oamien Gillan The Trustees. report was approved by the Board of Trustees LbQiJ'LLi Philip Christie Trustee 18 January 2024