Cumann Culturtha Mhic Reachtain (A Company limited by guarantee, not having a sh¢¢ capital) TRUSTEES, ANNUAL REPORT For the year ending 31 March 2023 The trustees present their Trustees, Annual Report prepared in accordanLc with Charities SOKP (FRS 102) (effective January 2015) and the audited financial statements for the year ended 31 March 2023 and also prcpared in accordance with the aforementioned StRtem¢nt of Recommended Practice. The trustees, who are also thc directors of the charity, at the date of this report and those who scrved during this ftnancial year together with the dates of any changes are listed below. The charitable compciny is limited by guarantee not having a share capital. Ciimann Cultiirtha Mliic ReaLhtain is committed to continuing its mission of promoting the Irish Language and the arts for the achievements of its objcctives. Principal risks and Ullcertainties ThL' principal risks and uncertaintics facing Ciimann Culturtha Mhic Reachtain WOLild bc the reduction of granls from major funders. Cumann Culturtha Mhic Reaclitain try to mitigate this unceriainty by ensuring all t'unders are aware of the vital cultural work carricd out in relation to the promotion of the Irish Language and culture. Cumann CulturLlia Mhic RL'achtain is a key hub for the country and for the promotion of the Irish l.anguage in a relaxed friendly environment. 'rhe trustees and management are constantly seeking additional and new incomL' streams to enhance projccts lind if necessary mitigatL' any reduction in monies from ciirrent funders. Trustees The Triistecs who served during the year are as follows: Dr. AJ Huglies Dr. F DL. Brun Niall O Maitiu Mr Desi l)onnelly Martin I Illl Dr. Adriiin Mallon Siobhan Sleele Latherine tilover Margarct Kcrr In accordance with the articles of iissociation, Ihe directors retire by rotation and being cligible, offer themselves for re-election.
Cumann Culturtha Mhic Reachtain (A Coinpany limited by guarantee, not having a share capital) TRUSTEES, ANNUAL REPORT For the year ending 31 March 2023 Objectives And ALtivities The company is established for the advancement of education and the promotion of th¢ arts and the Irish Language Culture aTnong Irish speaking people and the general piiblic in greater Belfast and throughout the country, and in particular.. To develop an awareness and cncoiirage appreciation of Irish culture through the promotion of th¢atre, dram4 poetry, literature, music, visual arts and creative writing. To enoourage participatiun in the arts and Irish cultural activities through the provision of workshops, classes, entertainment, and othcr participative events To provide office accommodation and other workspaccs, facilities and services to encourage the development of the arts and Irish culture. To maintain and manage a cultural arts centrc for activilies promoted by Cumann Culturtha Mhic Reacht&in and in furtherance of the above objectives. In order to carry out these objectives Cumann Cultiirtha Mhic Reachtain are constantly engaging with tlie comniunity via debatL's, disLussion groups and working with young people. Achievements and Performance Cumann Cultiirtlia Mhic Reachtain lias continued to aLhieve its objectives in full and has inLreascd audience and participation numbers in this period. The b¢n¢fits that flow from this piirpose are thc increased awarL'n¢ss ot" the Irish languagL and culture and thc opportunities to access education relating to Irish languagc and culture and to participate in activities through the mcdium of Irisli. Dircct benefits will include promotion of and enjoymL'nt of Irish language and literalure and art in the area of bLnefit. Thesc benefits are evidenced by the increasing nLimber of patrons ot'our centre and participants in oiir activitie% and by feedback from participants at oiir events. Bencficiaries of oiir services are Irish spcakers and learners and thc general public in Ireland. Financial review The trustees havc consistently followed appropriate accounting principles with due diligence. The principal source of funding was that of gyrant funding and is broken down in the attached report and accolints. Cumann Culturtha Mhic Reachtain is indebted to the continued support of these funding bodies to carry out its objeLtives and activities. The major funders in the 202212023 financial year inLluded Foras na Gaeilge, Belfast City Council and the Arts Council of Northern Ireland. Witliout this funding Cuinann Cultuitha MhiL Redchtcqin would not Lontinue the promotion of Irish Language and culturc througli thc running oftlic ccntrc and the events and activitics held. Structure, Governance and Management The organisalion is a charitable company limited by guarantee. The company was eslablished under a Memorandum of Association which cstablished the objects and pow¢rs of the charitable company and is governed under its Articles of Association. 'I'he organisation is governed by a board of direclors elccted ds part of the Annual General meeting. The board of directors meets every four weeks with the dlrectors reviewing a range of business from governance, organisation objectives, strategic direction, best practice, flinding and a range of ongoing issucs.
Cumann Culturtha Mhic Reachtain (A Company limited by guarantce, not having a share capital) TRUSTEES, ANNUAL REPORT For the year ending 31 March 2023 Strllcture, Governance and Management (Continued) Responsibility for the rccruitment of new trustees with appropriate skills, knowledge or experience which they can bring to the charity. When recruiting new trustees, Cumann Culturtha Mhic Reachtain seek to increase or at Icast maintain diversity of its trustees board. The trustees board use a variety of methods to recruit new trustees. These include personal recommendation, word of mouth and advertising to give wide range of applicants. Reference and Administrative Details See attached Reports and accounts Auditors Reports and accoLints and an independcnt examiners report have been carried out by E Rice and Company. Volunteers Cumann Culturtha MhiL Reachtain is run on a day to day basis via paid %taff. Flowever, due to the nature ()f Ihc organisation being eslablishcd by Irish IAnguage voliinteers, the charity relies on unpaid volunteers to help with the smooth running of events via promotion, attcndancc, and hands on help. This culiure ofvoluntlcring is always encouraged by Cumann Culturtha Mhic Reachtain as wc view the project as a citizen's projLct. Social Inveslment Any social investments are made to fiirther the charitics aims and objectives. This is throiigh providing resources to Irish speakin&y entities to help promotL' the use ot the Irish l.anguage. thi incliides provision ofthe prcmisis to Certain Irish speaking groups whicli is LonsidcrLd as an ancillary to the main Plirpose of Ciimann Cultiirtha Mhic Reachtain. Reserves Rcbcrves are nccdL'd to bridgc thc gap between spending and receiving of income, to cover iinplanned emergency repairs and other uiiforesccn expenditure. Details of the reserves can be seen in the reports and aLLoiints. In the trustee's view, thc reserves sliould provide the charity with adequate financial 8tabiliiy and the means for it to meet it% Lharilable objectives for the foreseL'able futurc. The trusteL s aim to Inain thc charity's reserves at a level which is at least equivalent to six months non-grant funded opcrati()iial expenditurc and have done so having regards to its manncr of operations of likely funding streams. Thc triistee's review the amount of reservcs that are required to ensure they are adcquate to fulfil the charily's continuing obligations at their regular fRnanLe meeting. Going Concern At the date of approving the report and accounts we are not aware of any uncertainties relating about the charities ability to continue aq a going concern. Special provisions relating to small companies The above report and been prcparcd in aLLordance with the special provisions rclating to small companies within Part 15 of the Companies Act 2006.
Cumann Culturtha Mhic Reachtain (A Company limited by guarantee, not having a share capital) TRUSTEES, ANNUAL REPORT For the year ending 31 March 2023 Plans for future periods Cumann Cultiirtha Mhic Reachtain plans to continue to run the centre and provide activities, events to promote Irish Language and culture. By order of the board and signed by the Chairperson
Cumann Culturtha Mhic Reachtain (A Company limited by guarantee, not having a share capital) TRUSTEES, ANNUAL REPORT For the year ending 31 March 2023 Thc trustees are responsible for preparing the financial statements in accordance with applicable law and regulations. Company law requires the triistees as the directors to prepar¢ financial statements for each financial year. Under th(it law thc trustees have elected to prepare the financial stateinents on acLordance with the United Kingdom Gcnerally Accepted Accounting Practice (Unitcd Kingrdom Accounting St(Ind¢irds and Applicalions Law). Under charitable company law ihe Irustees must not approve the financial statements Linless they are satisfied, and they give a true an a fair view of the state of affairs of the charity and of the net income and expenditure of the charity for that period. In preparing these financial ststements, the trustees arc requircd to,, Select suitable accounting policies and apply thcm consistently. Make judgements and estimates that are reasoiiable and priident. Starc whether the Charities SORP (E.'RS 102) (effective January 2015) has been followed. Prepare the financial statements on thc growingy concern basis unless it is inappropriate to presume that the charily will continue in operation, The trustees are accoiintable for kL'cping propcr accounting records which disclose with reasonabl¢ accuracy at any time the tinanLial position of the charity and to enable thern to cnsiire that the finanLial stateineiits with Ihe Companies Act 2006, and all regulalions to be constnied as ()nc with that dct. They are also responsible for safeguardingy th¥ assets of ihe charity and hence for taking reasonablL Steps for thc prcvention and deteclion of fraud and othLr irrL'gFiilarities. The trustees are responsible for the maintenancc and integrity of the corporate and financial inforniatii)n included on tlie charilable company's website. Legislatinn in the United Kingdom governingi the preparation and dissemination of finaiicial statcments may differ from legislation in other jurisdictions. In so far the trustees are aware: There is no relevant aiidit information (information needed by the charity's auditor in conncction with proparing the auditor's report) of which the charity's auditor is not aware, and The Iruslees have taken all the steps that ihey ought to havc takcn to make thcmselves aware of any relevant audit infonnati()n and to ¢stablish that Ihe charily, s aLiditor is aware of that infomiation. By order of the board and signed by the Chairperson