Cas Yard Wall Feile Limited (A company Ilmited by guarantee) Director's Report The directors present their report and the financial statements for the year ended 31 March 2023. Principal Aclivity The Gasyard Wall Féile is a year round culiural programme based in the Bogside IBrandywell areas but with activities and events taking place throughout the Triax Renewal area and the wider Derry City Council area. Directors and their interests The directors of the charity for the purposes of charity law and throughout this report are collectively referred to as the directors. The dire¢tors serving during the year and since the year end were as follows.. Sean Collins Donna Mccloskey George McGowan Structure* governance and management The organisation is a company witli charitable status. The entity was formed on 4th March 1996. The company was established under Memorandum & Articles of Association which outlined the area of benefjt and th¢ objects of the charitable organi5ation. All meinbers of Board give their time voluntarily and received no benefits from tlie charity. The board of directors meets as required and is responsible for policy. strategic dir¢¢tion and overall governance. Risk Management The directors have a risk management strategy which consists of establishing a system of identifying risks and mitigating such risks. Flnancial review The financial perforniance is summarised on pages 5 to 13. Directors Responslbilities Relation To The Finantial Statements The dire¢tors are responsible for preparing the dir¢ctors report and the financial statements in ac¢ordance with applicable law and regulations. Company law requires the directors to prepare financial statetnents for each financial year that give a true and fair view of th¢ state of the affairs of the charity at the end of the financial year and of its surplus or deficit for the financial year. In doing so the dite¢rors are required to: select suitable accounting policies and apply them consistently: - observe the methods and principles in the Charities SORP (FRS 102); make judgcments and estimates ii)at are reasonable and prudenL state whether applicable UK Accounting Standards have been followed, subje¢t to any material departures disclosed and explained in the financial statements; Pag¢ 2
Cas Yard Wall Feile Limited (A company limited by guarantee) Direetors Report ..continued prepare the fin&i¢ial statements on the going Concern basis unless it Is inappropriate to presume that the cliarity will continue in business. The directors are responsible for maintaining proper accounting records which disclose ivith reasonable accuracy at any time the financial position of the charity and enables them to ensure that the financial stateinei)ts comply with the Companies Act 2006. The directors are also responsible for safeguarding the &ssets of tl)¢ charity and hence for taking reasonable steps for the prevention and det¢ction of fraud and other irrcgulariti¢s. This report is prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relatirlg to small companies. This report w&% approved and authorised for issue by the Board on l December 2023 and signed on its behalf by Director Director Pase 3