COMPANIFS HOIJSE 3 1 MAR 2023 COMPANY REGISTRATION NO.. N1032598 Charity regirtered nurnber: NICl¢)0257 BCLFAST PORTGLENONE ENTERPRISE GROUP LIMITED Iprivate company lirnited by8uaranteeWitl sharecapitall TRU5TEE5' REPORT AND FINANCIAL STATEMENTS FOR THÉ YEAR ENOED 30 JUNE 2022 ')CW04A* 31A1312023 CCWANIES HOLISE JNI 1148 Tony Clarke CSarke&Co. Accountants 53 Andersonstown Road Belfast BTII 9AG
PORTGLENONE ENTERPRISE GROUP LIMITED CONTENTS PAGE Reference and administrative details of the charity. its trustees and advisers Annual Report of the Trustees Independent Examiner Report Statement of Finantial Activities io Balance Sheet 11-12 Notes to the Financial Statements 13-20
PORTGLENONE ENTERPRISE GROUP LIMITED IPrNate company limited by 8uaranteÈ without share capital) TRUSTÉES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30JUNE 2022 Trustees. Annual Report (Incorporating the Directorfs Report) STRUCTURE, GOVERNANCE ANO MANAGEMENT The charity is controlled by its governing document. a Memorandum and Articles of As50¢i3tion, and constitutes a limited company. limited by guarantee, as defined by the Companies Act 2006. The company was incorporated on 25 June 1997 and registered with the Charity Commission for Northern Ireland on 5 August 201S. RÉFERENCE AND ADMINISTRATIVÉ DETAILS Registered Cofflpany number N1032S98 Registered Charity number NIC100257 Re8lStered offe 61 Main Street Portglenone Co. Antrim N. Ireland 8T44 8HP CHAIRPÉRSON Norman Worthington TRUSTEES Kieran Adams Paula Byme Damien Clarke Anne Bell Jim Gaul Martin Kearnev John O'Neill - Resigned 22 July 2021 Norman Worthington INDEPENDENT EXAMINER Tony Clarke 53 Andersontown Road Belfast BTII 9AG
PORTGLENONE ENTERPRISE GROUP LIMITED IPrivate company lirnit& by 8uèrantee wrtht shart capital) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30JUNE 2022 Trustees. Annual Report Ilncorporating the Director's Report) The Trustees present their annual report tO8ether with the financial statements of the company for the 01 July 2021 to 30 June 2022. The Trustees confirm that the Annual Report and financial statements of the company comply with the current statutory reqvirernents. the requirements of the company's governing documenr and the provisions of the Statement of Recornmended Practices ISORPI. applicable to charities preparing their accounrs in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20151 as amended by Update Bulletin I (effective l January 20151. Since the company qualifies as small under section 383. the strategic report required of medium and13rge companies under The Companies Act 2016 (Strategic Report and Diredor's Report) Regulations 2013 is not required. Strurture, Govemance and Trustees Portglenone Enterprise Group Ltd which is registered as a charity with the Charity Commission for Northern Ireland, was incorporated as a company limited by guarantee in Northern Ireland, registration number N1032598. with the objertive of undertsking charitable activities for the benefit of the inhabitants of Northern Ireland. Our Vision A friendly. resilient, involved community who share their sense of belon8ln8. Mi5$1gn Statement Port8lenone Enterprise Group {PEGI facilitates commtsnity involvement through a wide range of activities, advice and support. What our organisation doe5 Promotes education and vocational trainin& relieves poverty. provides recreation and leisure facilities. improves the condition of life. PreseThes. conserves and improves Port8lenone. Supports other charities in the area with advice. training and assistance. Employees: PEG Community Development Worker part time l Finance Officer part time l Unity in The Community Project Worker part time: Funded by National Lottery Community Fund I x cle3ner Access to a support worker throuRh Bann Maine West Volunteers Roles: Currently 42 on our register from previous years less have been engaged due to Covld -19 Volunteers have a high input into all our projects ensuring they run eff•ciently and effectively. We have 2 new voluntary placements in The Bank. Conor on website and Mary at reception. Projects this year have included - Peg property Ltd, Glenone 8usiness Park, The Bank 8uildin& Community Association. Portglenone Gardening Club, CHIP. Line Dancin& History & Heritaee. Villaee Enhancement. Unity in The Cornrnunity
PORTGLENONE ENTERPRISE GROUP LIMITEO (Private company limited by gvarantee withtrdt shafe capitall TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022 Trustees, Annual Report (Incorporating the Director's Report) PEG Property Ltd Units occupied by- Beauty Loft. Psychotherapy Services. Health Connects, Iron Bark,3 Unit5 currently vacant. Bank Units 7 available. Glenone Business Park (Riverside Community Enlerprises RCE) NIC102835 Nine units let to- C Doherty Accountants12 units}, Colourworld. Desire Beauty, Bridge of Hope. Ulster Life, Pinkx Fitness. G & K Contracts Itd. and Ursula's Hair Salon. Community Association P.E.G. manages the Mid and East Antrim Borough Council Community Centre. Activities generally include (but have been restricted due to covid). Indoor BowlinB, Outdoor Bowlin& Play Group. Irish Oancin& The Monday Club, Applaud Academy, Summer Scheme, Karate, Senior Citizens Art and Craft Class, Bann5ide Stitchers, History & Heritage Group, Big Splash Activities, Training Sessions, Birthday Partie5. Village EnhaTrrnent PEG has continued to work with the local council on the development of outdoor recreational facilities e.E., MUGA Pltch at the marina and walkways. The first walk to be developed is in Bracknèmuckley wood, they hope to have work completed by March 2022. Portglenone Gardening Club- operated following covid guidelines This group spends 3 weeks at the monasterysite and the fourth week at the marina site tidying/planting. We have planted and grown our own flowers & ve8etables which participants bring home to use. Street planters and basket watering was carried out by volunteers. Portglenone Pollinator Plan- we are working closely with Mid and East Antrim Boroush Council IMEABC) at improving biodiversity and enhancing the vi1138e by developing and mana8in8 various wildflower areas. Summer Scheme (cancelled in 2021 due to Covid) Generally runs for 3 weeks in JulylAugust. this created part time employment and a volunteering opportunity, it caters for approx. 200 young people. from 5-16 years. We provide trips, indoor and outd¢x)i activitie5, such as canoeing. volleyball, art5 and craft5 etc. Funded through Education Authority Nl (EANII. Children in Need ICINI. APEX and registration fees. Big Splash {cancelled In 2021 due to covld) A week-lon8 festival in July mana8ed by a voluntary steerin8 group and involvin8 an additional 36 volunteers 35 well a5 Community Rescue Service and the Women's Institute. Events included- Triathlon, Family Fun Day, Water Activities, Teddy Bears Picnic. Tea Dance, Family Camp Night, Vintage Cavalcade, Exhibitions, History & Heritage Walk, Céill Ceilidh, Teddy 8ears Picnic. A Taste of Portglenone. Funded by Apex. Waterways Ireland and Mid and East Antrim Borough Council.
PORTGLENONE ENTERPRISE GROUP LIMITED IPrNatE company limited by 8uaianiee w11hrt share capital) TRU5TEES' AEPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022 Trstee5. Annual Report {In¢ofPOfatlng the Oirectorfs Report) Fitness and Health- all artlvltle5 due to covid Addressing issues on physical and mental health. CHIP (Community Helplng To Imurninate ptylenOne1 Christmas 2021 restricted due to COv- tree and light switch on onlv. Funded by Mid and East Antrim Borough Council. Unity in The Community Projert- Restricted activities due to Covid, our projert worker was able to support many by linkin£ thern into zoom iraining and other online activities to keep spirits uplifted. Now in its fourth year of funding from the National Lottery Community Fund{£350,2) is continuing to support, grow and strengthen connections between 9 existing groups and the start-up of 3 new groups coordinated by a project worker based at and managed by PEG. Existing Groups Portglenone Community Workshop & Men's Shed. Bannside Stitchers. The Monday Club. Portglenone Senior Cit12ens Arts and Crafts Group. Bannside Beekeepers, Portglerbone Thursday Seniors Bowllng Club, The Arthritis Group. 8anns¢de Eco Buddies decided to close its doors and funding was redistributed to other projects. New Groups Portglenone History & Heritage GfOUP Social Outings Group Social Media LitÈracv Grouo Portglenone Paddler5 Thi5 independent and rapidly growing group with a committed team of volunteers continues to receive support from PEG where necessary. Portglenone Enterprise Group Facebooklwebsite www.portzlenone.net is now open ro public. Staff and volunteers have been trained. Volunteers, Conor O, Kane and Evelyn Marron are kindly dedicating free time to uploading current information on to the site and facebook and have been a real asset to PEG. We aim to keep the local community connected to the activities of PEG. local groups and othei support oreanisations. Defibrillator Due to covid. training has been restricted - we hope to run further training Cou5 Soon. Bank Projett This project is now complete. we moved into The Bank prior to Chrislmas 2020. Activities which we had planned were severely restricted due to covid however. there is a photographic exhibition in place and several groups have had tOUfS of the building. Some groups such as Portglenone Paddlers.8annside stitchers. Writef5 and Heritage & History have already held meetings in the Bank.
PORTGLENONE ENTERPRISE GROUP UMITED IPrivate company limited by 8uarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022 Trustees. Annual Report (In¢orporaling the Director's Report) Halloween Event 2021 Halloween Event dld not take place due to Covid. PEG was again delighted to work with APEX Housing planning a free Halloween Event for September 2021 Portglenone History & Heritage Group (cancelled 2021 due to Covid) Plan5 made for September 2021 onwards. Bluebell Festival cancelled for 2021 Mid and East Antrirn 8orou8h Council worked in partnership with PEG and plannin8 for April 2022. Trainin8 Website Trainin8 2 staff 4 volunteers School Placement - Cancelled due to Covid Networking/ Information/Other Events- restrirted to online due to Covid Supportin8 Communities & Interagency Meetin85 NICHI APEX Housing NACN Support to Other Groupsllndlvlduals Unity in The Community Group5 Portglenone Writers Portelenone Paddlers Bann Maine Wesl- 6 lo¢al groups form this cluster (continued) BMW have continued to grow and develop. despite COVID. in the past 12 months under the lead of Portglenone Enterprise Group with key projects being as follows-. Lunch & Learn- BMW face to face sessions ceased in March 20 but we continued to keep in touch with contacts by letter each month along with a small present which rènged from seeds to tea bags to a window box filled with flowers. This was a great way to keep in touch with everyone. We then started to do Zoom session in Oct20. Twice monthly zoom sessions continued up to June21. • Community Relations- BMW continued to Work on a WWI projett funded through Heritage Lottery by way of developing a website which will record details of stories of people from our area that were involved in INWI. This will provide a lasting record of stories that might otherwise be lost. Assistance- BMW continue to provide training, group and one to one 35515tance to each of the members of BMW on a wide variety of topics including finance. plannin& good governance and funding.
PORTGLENONE ENTERPRISE GROUP LIMITED (Private company limited by guarantee without share capiiall TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30JUNE 2022 Trustees. Annual Report {Inforporating the Oirertor's Report) Bann Maine West- 6 local groups forni thls cluster {conlinuedl • Networkin8- BMW continued to work closely with the other three clusters on a number of projects as well a5 continuing to build links With Larne and Carrick communities and explore further opportunities of working together to benefit all our communities. Through the projects listed above the residents of Portglenone and surrounding rural areas have benefitted by access to increased local knowledge. infomiation and education. They have had the opportunity to engage in activities, reducing isolation, incre35in8 social interaction and a strengthened sense of community. There has beeTr access to skills development, participation in and viewing of Such activities/surroundings, enriching the lives of inhabitants. Locally there has been access to health information and opportunity to engage in healthy activities. PEG has received Support from external organisations to identify the needs of the inhabitants and assistance in attempting to address their needs. We have increased awarenes5 of local heritage and environment and its protection for their health and enjoyment and that of future generations. The businesses using the units have benefitted privatelyi but this is incidental to the public benefit gained from the communlty activities carripd out abovp. bv Port4lpnonp Entprorb4P GrtJuo.11 Going Concern After making appropriate enquiries, the trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason they conrinue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies. Flnancial Review The results for the year ended 30 June 2022 are set out on pages 10 to 12 of the financial statements. The total income for the year ended 30 jne 2022 amounted to £260,74112020:£303,9841. The total expenditure was £239,02312020:£196.8501 The Trustees consider that the unrestricted funds of the charity is sufficient and adeouate to fulfil their obli8ations. The charity held £52.642 tn reserves at the year end120201-.58,541). Reserves Policy The income of the Company is considered adequate and the risks associated with any significant reduction in income is regarded as unlikely. The Trustees are satisfied with the current level of reserves at the present time. The Trustees are rewewing the Reserves Policy in the current year.
PORTGLENONE ENTERPRISE GROUP LIMITED Iprivaie company limited by guarantee without 5hafe capital) TRUSTEES, REPORT AND FINANCIALSTATEMENTS FOR THE YEAR ENDED 30 JUNE 2022 Trustees. Annual Repurt Ilncorporating the Director's Report) Tru5tees' responsibilities statement The Trustees Iwho are also directors of Portglenone Enterprise Group for thè purposes of company lawl are responsible for preparing the Trustees, report and the financial statements in accordance with applicable law and United Kingdom AccouTrting Standard (United Kingdom Generally Accepted Accounting Practice) Company13w requires the trustees to prepare financial ststements for each financial year. Under company law the Trustee5 must not approve the financial staternents unless they are satisfied that they give a true and fair view of the state of affairs of the charitable tompany and of the income resources and application of resources. including the income and expenditure of the charitable company for that period. In preparing these financial staiements. the Trustees are required to.. Select Sultable accounting policies and then apply them consistentlv Observe the methods and principles In the Charities SORP- Make judgment5 and accounting estimates that are reasoftable and prudent- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the choritsble company will continue in operation. The Trustees are fesponsible for keeping adequate accounting records that are sufficient to show and explain the charitable cornpany's transaction and disclose with reasonable accuracy at any time the financial position of the charitèble company and the ertable them to ensure that the financial statements comply wth the Companies Act 2016. They are also responsible for 5afeguardin8 the a55ets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. PEG is a company limited by guarantee by its Memorandum and Articles of Association. Each members liability is limited to an amount not exceedin8 £1. !+FJ Lol3.. and signed on behalf by: This report was approved by the Trustees. on .. ...... Kieran Adams Trustee