FERMANAGH RURAL COMMUNITY NETWORK IAwmpHny Ilmlted by ÈuarantÈè, not ha¥lnE a share capitall SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Pag¢ 18
Fermanagh Rural Community Network IA cornpany limlled by guarantee, not havlng a Share capital) NOTES TO THE FINANCIAL sfATEMENTS for the yèar ended 31 Mah 2024 15.2 ANALYSIS OF MOVEMENTS ON FUNDS BalarKe l Apn1 1023 Intome Expendlture Transfers Balance bèNeen 31 Mar¢h fvnds 2024 DAERA Fermanagh & Omagh Distrlct Councll Screggagh Windfarm Miscellaneous Income Lakeland Care OFRAIDAERA Dfc VoluntÈerin NIHE SPRING NI START 131 123,800 59,923 14,172 15,586 35.248 100 16,637 3,625 15,615 284,837 131 123.800 59,923 7.285 15,586 35,248 loo 16,637 6,857 15,615 281,182 9,433 17,255 19351 3.232 12,665 17.255 19351 Unrestrfcted Income Fermanagh Rural Community Network 71,612 17,255 88.867 Yb>tal funds 84377 Z84,837 28LIBZ 34510 87,932 16. STATUS The company Is Ilmlled by guarantee noi having a share Capal. The Ilablllty of the members is limited. Every member of the company undèrtakès to contrlbute tothe assets of the company in the event of its being wound up whlle they are members, or with one yèar ihereafter. forthe payment of debts and liabilities of the compa contracted before they ceased to be mèmbers. and the costs, char8es and expenses of wlndlng up, and for the adjustment of the rights of the contributors among themselves, such amount a5 rn3y be requlred, not exceeding Él. 17. posr.BALANCE SHE EVENT5 There have ljeen no $18nlficant events affectlng the Char6ty since thÉ ¥e3r*nd. P•y 17
Fermanagh Rural Community Network {Acompony linhed guarantee, having ¥ shBr¢ ¢apit¥l) NOTES TO THE FINANCIAL STATEMENTS for th•year•nded 31 Marth 2024 13. GRApifs RECEWABLE Ca1 grants recelved and receivable At l April 2023 Increase in year 6,911 6,911 As 31 March 2024 5398 5.767 Amortlsatlon At l April 2023 Amortised in year 15,7671 12311 15,4871 12801 At 31 March 2024 {5.9985 15.7671 Net botyk value At 31 March 2024 913 1.144 Al l Aprll 2023 L144 1.424 I& RESERVE5 2024 201> At l 2023 for the year 84,277 3,655 79.764 4,513 At 31 March 2024 87.932 84,277 15. FUNDS 15.1 RECONCILIATION OF MOVEMENT IN FUNDS UnMMrltted Restrktsd Fvnds Fund5 Total Funds At l Aprll 2022 Movement during ftharclal Year 79,764 1,281 81,045 79.764 4,513 84,277 3,232 3.232 At 31 March 2023 Movement durin8 financial year At 31 March 2024 7.822 88,867 14,1671 19351 3.655 87.932 P•8e 16
Femianagh Rural Community Network {A¢ompany limlted bv Euarantee. not hè¥ing a share capttall NOTES TO THE FINANCIAL STATEMENTS lorthe year ended 31 March 2024 EMPLOYEES AND REMUNERATION The avera8e number of persons employed lincludlns executive d1clors1 durlng the year wa5 as follows: 2024 Numbe 2023 Number Administration The staff costs comprise: 2024 2013 Wa8es and salaries Penslon costs 92,084 5.149 97.233 73,931 4,784 78.715 10. TANGIBLE FIXED ASSETS FSMlures. ffttlnK5 and equipmert T¢Jtsl At l Aprll 2023 Addllions 36,132 36,132 At 31 March 2024 36.132 36,132 D•preci•iityi At l Aprll 2023 Charge forthè year 24241 24,241 2378 Z6.619 1378 26.619 At 31 March 2024 Net book value At 31 March 2024 9.513 9,513 At 31 Mèrth 2023 11,891 11,891 11. DEBTORS 2023 Other debtors 2S,iOO 25,100 7,148 7,148 12. CREDITORS Amounts falllTrs due wli hin one y¢•r 2024 2023 Other tre(Jitors Accruals and deferred Income 23.481 57,567 81,048 3,790 56,497 60,287 Pa8e 15
Fermanagh Rural Community Network IAtompAny Ilmlttd by guaraThtéè, not hav1 a share capltall NOTES TO THE FINANCIAL sfATEMENTS forthe yeorendèd 31 Mav¢h 2024 S. EXPENDITURE 5.1 CMARITABiE AcfiviTIE5 Direct Costs Other Costs Support Costs 20Z4 2023 5¢re8ga8h Wlnd Farm Ferman38h & Oma8h District Council OFRAIDAERA Lakeland Communty Care Other Income NIHE NI START SPRING 2,690 20,279 35.248 15.586 10.748 16,637 15,615 3.625 120,428 57,233 103,521 59,923 123,800 35,248 15,S86 10.748 16,637 15,615 3.625 281,182 57.391 600 38,557 23,375 20,L 13.635 153,S58 160,754 5.2 SUPPORT COSTS 2024 2023 Travel and Subslstence Trainlng and nÈtWDTklng events General office expenses Accountancy fees Legal and professional fees Groupsupport 4,112 1418 13.147 1.140 2,777 1,661 3,083 1,140 5,818 57.391 71,870 160.754 181,571 6. ANALYSIS OF5UPPORT COSTS 2024 2023 Basb of Apporthybmnt DITect Costs Direct Costs Direct Costs Dlrect Costs Dlrect Costs Dlrect Costs Travel and Subsistence Tralnlng and networking events General office expenses Acntsnty fees le8al and professional fee5 Group Suppxt 4.112 2,418 13.147 1,140 2,777 1,661 1,140 5,818 57,391 71,870 160.754 181.571 7. NET INCOMING RESOURCES 2024 Net Incomlng Resour$ are stated after ¢harglngllcreditW18): Depreclatlon of tangible assets Amortisailon of grants receiv?ble 2,378 12311 2,147 2,973 12801 2,693 B. INVESTMENT AND OTHER INCOME 2024 2023 Amortisallon ol capital grants recelved- SEUPB Amortosatlon of capital grants- DARD Amorttsatlon of capital grants- Df¢ 66 88 126 280 75 IOD 231 Pagè 14
Fermana8h Rural Community Network (A <ompany limited by guarantee, not havin8 a Share rapital) NOTES TO THE FINANCIAL sfATEMENTS for the or ended 31 March 2024 Taxation and deferred taxatlon No current or deferred taxation arises as the company has been granted charitable exemption. Irrecoverable valued added tax is expensed as incurred. 3. GOING C014CERN The Dlrectorsnrustees envisage that based on future funding opportunities the company will be performing on a much le55er scale. The Director5/Tru5tees confirm that N 15 appropriate to prepare the financlal statements on a going concem ba515. The flnancial statements do not include any adjustments that would result if the going concern ba5[5 was not approprlate. 4. INCOME 4.1 CHARITABLE ACtIVlTIES Unrestricted Restrld¢d Funds Funds 2024 2023 Screggègh Wlnd Farm DAERA- Rural Communlty Development Support Service Fermanagh & Omagh Di5tri¢t Councll Lakeland Community Care NI START OFWDAERA Df¢ Volunteerlng NIHE SPRING 59,923 131 123,800 15,586 15,615 35,248 loo 22,%7 3,625 59,923 131 123.800 15.586 15.615 35.248 56,497 154 600 38,557 20,000 126 23,375 17,481 22,987 3.625 277.015 277,015 156,790 Unrestrkted Re5trirted Fun¢ts Funds 2023 4.2 OTHER INCOME Other income 7.822 7.822 1,281 Page 13
Ferrnanagh Rural Community Network (Atompany Ilrnited byguarante4 not having a share ¢oplt•l) NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024 GENERAL INFORMATION FermanaEh Rural Community Neiwork is a cornpany limbted by guarantee not having a share capital incorporated in Northern Ireland. The re8iSterÈd oftice of the company is 3 Queen Street, Enniskillen. Co. Femianagh. BT74 7JA which ts also the principle place of buslness of the company. The financlal statewnent5 h4ve been presented In Pound Sterfing (£1 which is at50 the fUnctnal currèncy of the tt+mpany. I ACCOUNTING POUCIES The following accountin6 policies have been applied con51Stently in dealing with itetn5 which are considered material in relation to the chartty's financial 5taternents. Basis of Prepar*ion The finanaal statement5 have been prepared underthe hisiorical cost convention and in accordance with the Comp3nies Act and Part 8 of the Charities Ati (Northern Irelzndl 2008. They also comply with the Ststement of Recommended Practise ISORP 2005, as updated in 21)081 and with the financial reportin8 Standards. The ft)Ilowing atcouThting wlicies ha been applied consistently In dÈallng with items whlch are considered material in relation tothe cornpany'5financial statement& Statem¢rt of romplian¢e The financlal statements of the company forthe year ended 31 March 2024 have been prepared on the8oin8 concern basls and in accordance with the Statement of Recommended Prartlce {SORPI' Accountin8 and ReportlnB by Charhties preparlnB their accounts In atcordance with the Financial Reportln8 Standard appllcable in the UK and Republic of Ireland IFRS 1021 leffettive l January 20151. and FR5102 Yhe FSnanclal Reporting Standard appllcable In the VK and Republl¢', applyinÉ Section IA of that Standard. Cash Ilw slatement The company has availtd of the exemptlon in FR5102 from the requlrement to produce a cash fltsw statement because It Is dassified as a small Company. Incoming Resour¢es Voluntary Sncome orcapltsl Is Included in the Statement of Finan¢lal Actlvitie5 when the company is legally entitled to it, itsflnandal value can be quantlfied wlth reasonable certalnty and there Is Te8sonable eertalnty of Irs uliimate receipt, Entltlement to lègacies is considered establlshed when the Company ha5 been notrfied of a distributlon to be made by the executors. Income recelved in advance of due performance under a ¢ontr3rt Is èccounted for as deferred income until earned. Grants for activitie5 Jre recogni5ed a5 incorne when the related conditions for legal entitlement have been met. All other intome ts acco(ted foron ?Th ac¢ruals bast& Re50w(es Expended All resoLKce5 expended are accounted for on an accruals basis. Charitable artlvltles include costs of seThlces and 8r4nt5. 5UPPOrt tosts and depreciation on related assets. Co5t5 of ger¢erating fvnds slmilarly snclude draIsIng activities. Non-5taff costs not attributed to one category of act•vity are allocated of appDrtiorhed prtrrard to the staffin8 ol the relevant sÈNice. finance, HR. IT and administrative staff costs are dlrertly attrfbutable to irKlividual artivities byobiertlve. Governance ¢osts are those associated with constitthiDnal and statutory requirements. Tanglblefixed a5setsand depredatlon Tangible fixed assets are ststed at cost 01 at valuation. less accumulated depreciation. The charge to deprÈciation 15 calculated lo write off the original cost or valuation of tangible fixed a55ets, less their estimateil residual value, over their expected useful livts as follows:_ Flxtures. fminy and equlprnent -20% reducln8 balance Debtrys Debtorsare re¢ognlsed at the Settlemt amount due after any discount offered. Prepayments are valued at the amount prepaid net of any trade diseounts due. Income recognised by the cornp8ny from tovèmment agencies and otherco.fundÈfS, but not yet received at year ended. 15 included in debtors. C•sh at bank and In hand Cagh at bankand in hand comprise5 cash on deposlt at banks requirlng le5$ than three months notice wlthdrawal. Page 12
Fermanagh Rural Community Network {AMpanY limlted by guatsntÈÈ, not haylng • share PItal BALANCE SHEET at 31 March 2024 2024 2023 Notes Fixed Assets Tangible assets io 9,513 11,891 Currert Ass•ts Debtors Cash at bank and in hand li 25,100 135.280 160,380 7,148 126,670 133.818 C¢edltor5: Amounts lallinE due within one year {81.0481 160.2871 Net Current A$5ets 79.332 73,531 Totsl Assets le55 Currenl liabilities 88,845 85,422 Grants rerebvable 13 1913> 11.1441 Net Assets 87,932 84,278 Funds Restricted trust fund5 General fund lunre5trirtedl 87,932 84,278 Totsl funds 15 87,932 84,278 These finala1 ststements have been prepared In accordance with the special provisions relatin8 to Sm811 companies wlthln Part 15 of the Cornpanlès Att 20D6. For the financial year endEd 31 March 2D24 the company was entitled to exemptign from the audlt under se¢tlon 477 of the Companles Act 2006., and no notice h35 beèn deposlted under sectlon 476. The dkectors conflrm that the member5 have not requlred the company to obtain an audlt of Its financial statements for the year in questlon in a¢cordance with section 476 of the Companles Act 2CQ6. The directors acknowledge their responslbilitles for ensurlng that the company keep5 ac¢ountln8 récords whlch compty with Section 386 and IOF preparin8 firwncial 5t?tements whlch give a true and fairvlew of the state Df airS of the company a5 at the end #f the flnartcial year and of its proflt and loss forthe finan¢lèl yèar In accordance with the rèqulrement5 of sertions 394 and 395 and which otherwise comply with the requirements of the Companles Act 2006 relatlng to financial 5tsternents, so far as applicable to the company. The financial statements have been prepared in accordance with the provisions applKable to companles subject to the small companie5, reBime and In accordance with FRS 102, The Financial Reporting Standard applicable in thè UK aNI Republic of Ireland,, applylng Sertlon IA of that Standard. Approved bythe Board of Dlr•rtors and authorlsed for i55ue on 16 September Z024 ind signed on Its behalf by: Loulse M¢lau8hlin-Borlace Dirertor Margaret Burlelgh Dlrector Pag• 11
Fermanagh Rural Commun•ty Network {A ¢•mpany Ilmlted by guarantee. not havSnB a shar• capii•ll SUMMARY INCOME AND EXPENDITURE ACCOUNT Fwthe ye¥ ended 31 Marth 2024 Statemert ot Thala1 Adlvities Unrestricted Funds Restricted Funds Tgt41 Income Total exppnthlurÈ 2024 2023 7.822 1.281 277,015 156.790 28437 154071 1281,1821 1153,5581 Net in¢omellexpendlture) 3.655 4,513 The company has no reco2nlsed 8ain5 or losses other than the results for the year. The results for the yeor have been calculated on the historiial cost basis. Pale 10
Fermanagh Rural Community Network IA eompany lknlted by guarantee. not havi* sharè opltall STATEMENT OF FINANCIAL ACTIVITIE5 Forthe year ended 31 Mar¢h 2024 Uhre5trl£ted Restricted Fund5 Fund$ 2024 2024 Totsl Unrestricted Restrkled Funds Funds 2023 2023 Totsl 2023 e$ Incoming Resourtes Charitable attltIeS Grants from Éoverrnments and other to.funder Othef income 277.015 277.015 156.790 156,790 7A22 7,822 1,281 1,281 Total Imomlng resources 7.822 277,015 284.837 1,281 156.790 158,071 Resou¢ces Eended Charitable artfviiles 281,182 281.182 153,558 153,558 Net In¢omin8loirtgol rewurce5 before trnnslers Gros5 tr4nsfers beMeen funds 7.822 14,1671 3.655 1,281 3.232 4,513 Net Mrn•nI In fun<ts torihe ye•r 7.822 14,16n 3.655 1.281 3.232 4,513 Re¢on¢illatlon of hnds Balance5 brought forward at l April 2023 Is 81,045 3.232 84.277 79,764 79,764 Balances wrledfornard at 31 Marth 2024 88.867 9351 87.932 81,045 3,232 84,277 The Staternent of Flnancial Activitie5 jntludÈs all gains and1055es re¢ognised In the year. All income and expenditurè relale to corrtlnuing activities. Paue 9
Fermana8h Rural Communlty Network (A company lirnited by 8uarantee. not having a share capitall INDEPENDENT EXAMINER'S REPORTTO THE BOARD OF DIREcfoRS OF FERMANAGH RURAL COMMUNITY NEfwoRK We have examlned the financial statements of the company for the year ended 31 Marth 2024, which ¢omprlse the Statement of Financial Activltlès, the Summary Income and Expendtture A¢¢ounts. the Balance Sheet and the related notes. Thls report Is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Cr work has been undertaken so thai we mlght complle the financial 5tatementS that we have been engaged to compile, report to the Board of Dlre¢tors ihatwe have done so, and state those matters that we have agreed to state to them in thls report and for no other purptssè. To the fullest extent permltted by law, we do not accept or assume respon5ibllity to anyone other than the Company and the company's members. as a body, for our work, or thls report. Respectlve responslbllftles ol dire¢tor5 and examlnÈr The company's trurtÈÈs Iwho are the directors of the company for the purposes of company lawl are responsible forthe preparation of the flnanclal statements in accordance wlth the requiremènts of the Companie5 Act 2006 arnl that an Indepethdent examination 15 required. It is our responslblllty io'.- . examine the flnanclal ststements under section 65 of the Charitie5 Act; - follow the procedures laid doTAn bythe general Oire¢tions given by the Charity Commission for Northern Ireland under sectSon 65191{bl of the Chèrities Act. and - state whether partlcular matters have come to ciur attentiC•n. Oasls of Independent examlner'$ rnport We have exaffllned your cornpany flnanclal staiements as required undersertion 65 of the Ch3rltiÈs Act and our ex3mlnation was ¢arri¢d out In accordance with thè general DSrections 8iven by Charity Commbsslon lor Northern Ireland undèrsecilon 651911bl of the Charlties Act. An examlnation Includes a review of the accountlnE records kept by the company and a compari50n Df the financial statements prèsented with those records. It also Includes conslderation of any unusual r(ems or dis¢losure5 Irb the financial 5tstements and seeking explanation5 Irum the dirEcttsrs tDncernir& any such matters. The prOdre5 undertaken do not provlde all the evldence that would be required In an audit and consequently no oplnlon is given as to whetherlhe accounts present a %rue and fair, view and the report is limlted to thosè matters Set out in the statement below. In connection wlth our Examinatlon, no matter has come to our attentlon whlch 8lves us Cause to beleve that In any material aspect: - at£ountin8 records were not kept In accordante wSth sectlon 386 of the Companie5 Act 20D6 - the finandal statements do not occord with those accountin8 records - the finandal statements have not been prepared In accordaft¢e with the accountlng requirernents of sertion 396 of the Companies A¢t 2006 and wrth the methods #nd prlnclple5 of the Siatement of Recommended Practlce applitable to charitles preparlng thelr accounts In accordèno wlth the Financlal Reporting Standard5 applicable in the UK and Republic ol Ireland IFRS1021 -there Is furthèr inform?tlon needed for a proper understanding of the accounts to be reached. Independent •urntherfs statement We have no concem and have came across no other matter5 In connethon with the examlnatlon w which attention should be rawn in this report In order to enoble a proper under5tarKlin8 of thefinaTrclal rtatements to be reached. Anthony Rasdale MacNeary Rasdale & Co Ltd "Wellington House. 30 DadlnB Street Ennlskillen Co. Fermawh Page 8
Fermanagh Rural Community Network IA con*any Ilmlted by guarnntee. not hav7n6 a share capftall STATEMENT OF DIREcfoRS' RESPONSIBILITIES For th• yur •nded 31 March 2024 The dirertors are responsible for preparing the financial statements in accordance with applicable law and regulatlons. Company law rèqulres the directors to prepare financlal statements for each financial year. Under that law the directors have elected to prepare the financial slatements in accordance wlth Unlted Kingdom Generally Accepted Accounting Practice (Untted Kin8dom Accounting Standards and applicable lawl including FR5102 The Financial Reporting Standards applicable in the UK and Republlc of Ireland. Section IA Ismall Entities). Under corrjpany law the d1CtorS must not approve the financial statements unless they are satisfied that they give a true and fair vlew of the state of affair5 of the company and of the surplu5 or deficit of the company for that period. In preparing these financial statements, the directors are required to: - seled sultsble accounting policles and apply them conStentIy. - make judgements and estimates that are reasonable and prudent; state whether the financial statements have been prepared in accordance with the relevant ftnanclal reporting framework. identify those standards, and note the effert and the reasons for any material departure from those standards," and prepare the financial statements on the going ¢oncem basis unless it is inappropriate to Prurne that the company will continue In operatlon. The directors ¢ontirm that they have complied wtth the above requirement5 in preparing the financial statements. In so far as the direttors are aware: there 15 no relevant information (information needed by the charity's Independent examlner in connection with preparing the independent examiners report) of which the charity's independent examiner in unaware and the directors have taken all the steps that they ought to have tsken to make themselves aware of any relevant independent examlner infomiation And to establish that the charity's independent examiner is aware of that information. The dlrectors are responsible for keeplng adequate accountlng record5 that are sufficient to show and explaln the company'5 transattions and disc105e with reasonable accuracy at any time the financial P05Ttlon of the company and enable them to ensure that the flnancial statements comply with the Charities Act INorthern Ireland) 2008. They are also responslble for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detectlon of fraud and other Irregularities. Approved by the Board of Dirertors on 16 September 2024 and slgned on its behalf: Loulse McLaughlln-Borlace Dlffecr Margaret Burlelgh Direclor Page 7
Fermanagh Rural Communlty Network (A companylhnlted by guar•rtee, nol ha¥ln8 a sharè capitsl) DIRECTORS, ANNUAL REPORT Fortheyear ended 31 Mar¢h 2024 Public Benefits The beneflts which flow form the purpose of Fern)anagh Rural Communty Network are the provislon of practical support in the form of guidance, information and signposting to their full and affiliated rnember& A benefil is also educational and networking opportunbties being made available for member groups and the community through 3cce55ing the knowledge and expertise of the locally based staff. using the facilities provided In the resource centre and network ser¥ice5 and programmes. Fermanagh Rural Community Network provides ihe above benefits to their rural comrnunities by directly tacklln8 Issues that are causing disadvantage and poverty through,. Empowering the voice of rurol communities,, Champloning excellence in community development prartice,. Developing clvlc leadership In rural ccmmunitie5 through a community development approach,. Actively working tovRrd5 an equitable and Peaful soclety; Promoting the sustainable development of rural communities. These benefits can be demonstr3ted through the Annual Reports of Femanagh Rural Community Network and through ongoing monitoring and evaluation of work being carrled out. The beneficiaries of FermanaBh Rural Communily Network are communlty groups and the general public living In the area of benefit. There is no harm flowing from the purposes of Ferman?8h Rural Community Nelwork. Appr4>ved by the Board ol Directors on 16th September 2024 and s[ed on its behalf: Louise McLau%hlln-BoTla£e Dlrector Marsaret Burlel8h Dlrertor Pa8e 6
Fermanagh Rural Communlty Network IA company Ilmiled bysuwantee, havlni a share ¢aplt¥l) DIRECTORS. ANNUAL REPORT For the year ended 31 Mah 2024 Fin3nclal Revlew Fermanagh Rural Communlty Network is non-profrt maklng wlth Income Sn excess of expendilure of £3.655 The trustees and staff continue to mana8e resources in an efficlent and sustainable manner. Flnanclal Results At the end of the yearthe company ha5 assets of £ 169.893 12023 - £145,709) and liabilitles of £81,961 12023- £61.4311, The net assets of the company have increased by £ 3,654 . Future Plan5 Fernianagh Rural Communtty Network are focused on continuing Its role as the Local Rural Support Network for County Fermanagh and have secured fundinE to operate and malntaln seNice provision to its beneficlaries. Dlrertors Loulse Mciau8hlin-8oTlace Mar8aret Bufleigh Brian Rlchardson Patrick Drumm Liam Jones Iris Mahon Rosemary Forde Kathleen Breen Pauline Carson Brlan M¢Manus oliver Mccaffrev Tony Harte In accordance with the Memorandum and Articles of Association, the directors retire b¥ rotation and, being eligible, offerthemselves for rwlection. Fermanagh Rural Community Network has a Resource Centre and stsffed office malntained with a Network Co- ordinator and Community Dèvelopment worker and Admlnlstrator. Thè secretary who served durin8 the year wa5: 8rian Richardson Cornpliance with Sertor- WidE Leglslation and Stdards The company engage5 pro-activefy with legislation, standards and cod&% wthich are developed for the Sector. Ferniana8h Rural Commun6ty Network 5ub5cribes to and 15 compliant with the following: - The Companies Act 2006 - The Charltles SQRP IFRS 1021 Reserves Poll¢y Ferrnanagh Rural Cornmunity Network have a Reserves Policy, which requires that reserves are built or maintained at a level which ensures that the organisation core activities could continue during a period of unforeseen difficulty and that the orEanisations known liabilities will be paid should the or8anisation cease to trade, Page S
Fermanagh Rural Community Network IA company Ilmited by 8uaT¥brt¢e. not haying a Share capltal) DIREcfoRS' ANNUAL REPORT Forihèyèar endd 31 March 2024 Thls contract, fvnded by Department of Agritulture. Environment and Rural Affair5 IDAERAI, through the Tackling Rural Poverty and Social Isolation ITRPSI} Programme Framework, commenced on 1st November 2023. FRCN in partnership with Lakeland Communlty Care Limited: Eme East Community Partnership-OAK Healthy Living Centre,. ARC Healthy Living Centre: The Courthouse Kesh Limited; Omagh Forum for Rural Association5 delivered 'ihe Food Poverty- Financiol ond WrtTpomundStspport Progmmme, that wa5 operated under the worklng title of WRAP-Western Response & Action on Poverty, for Fermanagh and Omagh Dislrict Council. The WRAP Programme operated over timeframe November 2023 to March 2024 and 143 Households from across the entire Ferman3gh and Omagh District received an Individual Personalised Tailored Plan of sUPPOrt that assisted their household in becoming better off in terms of food security, fuel provision and incorne level. FRCN manaÉed the Screggagh Windkrm Community Benefrt Fund In which twenty-nine eligible community & voluntary organisatiorts received donations totalling £59,923. FRCN are a Reglstered Helper Group with the Charlty Commisslon for Northern Ireland and advise and support those groups undergoing charity registration charities wlth their annual reporting. FRCN have promoted the Communlty Planning process for the Fermanagh and Omagh Dlstrlct, are members of the Communityvoluntsry sector Forum and Community Planningstrategic Partnership Board. FRCN are a member group of Fermon?gh & Omagh Interagency Forum for Older People facilitated by South West A8e Partnership and comprlses of a communityj voluntary and statutory organi5ations. FRCN are a partner organisètlon on Lough Eme Landscape Partnershlp. whlch has the aim of reconnecting local people wlth their Lough Erne Landscape and its built. natural & cultural hlstory and heritage. FRCN are supporting and have representstion on Fermanagh and Oma8h PEACEPLUS Partnership which has been established to oversee the effective development and implementation of a Local Communliy Peace Action Plan. The partnership is representative of communitie5 across the district and includes Councillors, Social Partners, ènd Statutory Representatives. FRCN are members of FermanaBh and Omagh District Council's Agrfcultural Liai50n Group that undertake5 liaison with and make5 representatioTh to the relevant bodles and agencies on behalf of the rural communlties of the district. FRCN are Tnember5 Df and have Board representatives on Rural Community Network Nl the regional voluntsry organ15ation that articulates the voice of rural communitles on issues rel3tln8 to poverty, disadvant3ge. and equality. FRCN organlsethe Annual Community AchVement Awards and Networking Event recognising achievements of local Groups and Individuals. This event wlth the FRCN Annual General Meeting promotes and celebrates the ertenslve levels of voluntary community activity tsking place throu8hout County FErmanagh. Fermanagh Rural Community Network Trustees have considered Charity Commlsslon for Northern Ireland's general guidance on public benefit when reviewing Its objective5 and in planr¥lng its future activities to ensure that these athleve the networks purposes and provlde a benefit to beneficiarles. Pa8e 4
Fermanagh Rural Communlty Network IA compan¥ Ilmlted by8uar?ntee. not havln8 a 5hafe upStall DIRECTORS, ANNUAL REPORT For the year endéd 31 Marth 2024 ReviÈw of Actl¥hles, Achlevements and PerfoTm¥nce Fermanagh Rural Community Network in its role as the Local Rural Support Network for County Ferrnanh delivered the following key communlty development support activitie5 to Positively benefit and sustain County Fermanagh's rural communities over the year. 71 Full Member Groups and 75 Associate MemberGroups. - 10 Network Management Commlt¢ee Meetings. - Developlng Group Capaclty and Projects- 80&tr Member Group 5UPPOrt requests including development assistance, funding Information & project Erant applitation a5SiStance responded to during the year. - 4 Member Group Support & Advlce Work5hops1 Information/ Consuhation events. Facebool Twitter. and Website updated re8ularly, and iTrfomiation updales clrculated. - Network representstion on rweniy strateglclthemfrba5ed partnership5 FRCN continued strate8ic partnership wlth Lakeland Communlty Care Llmited to deliver and expand the range of healthy Ilvlng, 50rial eneagement, and community relatlon5 prgjects. delivered within and from Belcoo Healihy Livin8 Centre. FRCN have received funding from the Northern Ireland Houslng Executive under their Sustaining Tenancle5 Fundlng Programme to deliver the 'Ern¢ West Sustolnlng Tenoncies Project" that Is supportlnz NIHE tenants living in the Erne West Area with ) ran6e of actlons that have the overall alm of Increasing their levels of soclal interaction and wellbeing. - FRCN have been awarded a Start Here Progmmme Gront from The Ronk Foundt7don whkh is belng used for employment of a new Community Development Officer for three yeor5. The Department of Communities IDfCI provide the fundin8 for the Start Here Programme Grant awards under their Covid Employment and Skills Initiative. FRCN working in collaboration with Lakeland Community Care Limited have a contract to deliver The SPRIN6 Rural Enhancedsocial Prescriblng Pmject (SRESPPJ. (to end of September 20231, focusing on the communities in Eme West District area of County Fermanagh. Thi5 project 75 a collaboraiive partnership project led by Derg Valley Care Healthy Living Centre on behalf of the Healthy Living Centre Alliance (HLCAI to deliver 50cial prescriptions in local communities across Northern Ireland. The rural enhanced project is funded bythe Department of Agriculture. Environment and Rural Affalrs {DAERAI. FRCN and Omagh Forum for Rurèl Associations are working in partnership to deliver the 'DAERA Local Rural Community Development Support Service PrDgrdmme' contract for the Fermanaeh and Om28h District Council area, wtth key areas of work belng under the following identified theme5: Support for Community Plannlng Support for Isolated rural people Support for the sustalnability ol Rural Vlllages M?rBinalised mlnorlty communitie5 In fural border aTeas Page 3
Fermanagh Rural Communlty Network IA company limlted by 8u•rantee. hat havlng a share capltall DIREcfoRS' ANNUAL REPORT For the year Ènded 31 March 2024 The Directors presÈnt their Directors, Annual Report, combining the Director5, Report and Trustees, Report, and the unaudited financlal statements for the year ended 31 March 2024. The financial Statements are prepared in accordance with the Companies Act 200G, FRS 102 ' The Financial Reporting Standard Applitable in the UK and Republic of Ireland, and Accounting and Reporting by Charities Statement of Recommended Piactice applicable to charities preparing their flnancwl statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102). The Directors. Report contains the information required to be provided in the Directors, Annual Report under the Statement of Recomrnended Practice ISORPI Euidellne5. The directors of the company are also charity trustees for the purpose of charlty law and under the companrfs constitution are known as member5 of the board of trustees. In thi5 report the directors of Fermanagh Rural Community Network present a Summary of its purpose, 80vemance. activitie5, achievements and finances for the financial year 31 March 2024. The company is a registered charlty and hence the report and results are presented in o form whl¢h complies with the requlrements of the Companies Act 2006 and, although not obli8ed to comply with the statement of Recommended Prartice applicable in the UK and Republic of Ireland IFRS 1021 leffeciive l January 20151. the organisation has implemented its recommendatlons where relevant in these financial statement& Mi5s1ons. Objectlveg and Stratagy Mi55iOD Statement Fermanagh Rural Community Network provides practlcal support, guidance, information, signpostlng and networking opportunitie5 for member groups, through our locally based staff, resour¢e centre and network services and pro8rammes. This benefits rural community groups in developlnÉ sustainable rural communities, directly tackling issue5 that are causing dlsadvantage and poverty. ObJettl¥es The objectives of the Company shall be to relieve poverty and advance eduratiDn for the benefit of the inhabitants of Fermanagh and Its hlnterland without distinction of sex. race or political, reliBious of other opinion and in particular io promote any charitsble artivity which give support to the local rural communities sufferin8 disadvantage and poverty and which seeks to improve the conditions of life for the Inhabitants of the area of benefit. Structure. Governance and Mana8ernent Stru¢tur¢ Fermanagh Rural Cornmunity Network15 a company limited by guaranteè not having a share capital. The company is governed by It's Memorandum and Articles of Assoclation. The directors, who art also the trustee5 of the ¢harlty at the date of this report and ihose who served during the financial year together with the dates of any chan8e5 are set out en page 5. Fermana8h Rural Communlty Network has a Resource Centre and Staffed Offite maintained wlth a Network Coordlnator, Community Development Worker. Admlnlstrator and Communlty Development Offlcer. Page Z
Fermanagh Rural Community Network IA rompany Ilmlted by 8u•rahtee, It havlnE a Share ¢apltall REFERENCE AND ADMINIStRATIVE INFORMATION Directors Louise M¢Laughlin-Borlace Margaret Burleigh Brlan Richardson Brlan McManu5 Oliver Mccaffrev Tony Harte Patrick Drumm Llam Jone5 Iris Mahon Rosemary Forde Kathleen Breen Paullne Carson Company Secretary Brlan Richardson Charity Number In Northern Ireland ICK1161 Registered Office and Prin¢iple Address 3 Queen Street Ennlskillen Co. Fermanagh 8T74 7JR Independent Examiner Anthony Rasdale MacNeary Rasdz41e & Co Ltd "Welllngton House" 30 Darling street . Enni5killen Co. Fermanagh BT74 7EW B•nkers Bank of Ireland Townhall Street Ennlsklllen Co. Fermanagh BT74 78D Pwl
Fermanagh Rural Communlty Network (A company Ilmlted by Euararbtee, t having a share upftal) cowrENTS Page Reference and Administrative Information Directors, Annual Report Statement of Directors, Responsibilitie5 Independent Examiner's Report Staternent of Financial Activities Summary Income and Expenditure Account io Balance Sheet li Notes to the Financial Statements 12-17 Supplementary Information relating to the Financial Statements 18-19
Company Number N1050070 Charlty Number: 100161 Fermanagh Rural Communlty Network IA tompany IlmStèd by euarantee, not havlng a share upitsll Annual Report and Unaudlted Financial Statements for the year ended 31 March 2024