FERMANAGH RURAL COMMUNITY INITIATIVE COMPANY LIMITED BY GUARANTEE TRUSTEES, ANNUAL REPORT YEAR ENDED 31 MARCH 2023 The trustees, who are also directors for the purposes of company law, present their report and the unaudited accounts of the charity for the year ended 31 March 2023. REFERENCE AND ADMINISTRATIVE DETAILS Registered charity name Charity registration number Company registration number Fermanagh Rural Community Initiative NIC100658 N1026294 The trustees The trustees who served the charity during the year were as follows: Ms Patricia Sheridan Mr M J Ivan Kee Mr Christopher Spence Mr Robin Cornell RETIREMENT OF TRUSTEES The following trustees are to retire in accordance with the Articles of Association and, being eligible, offer themselves for re-appointment: Ms Patricia Sheridan Mr M J Ivan Kee Mr Christopher Spence Mr Robin Cornell Secretary Mr Robin Cornell Accountsnts Clare Jones Corrigan & Co Ltd Unit 9 Enniskillen Business Centre 21 Lackaghboy Road Enniskillen Co. Fermanagh Northern Ireland BT74 4RL Bankers First Trust 24 East Bridge Street Enniskillen Co. Femanagh Northern Ireland BT74 7BT
FERMANAGH RURAL COMMUNITY INITIATIVE COMPANY LIMITED BY GUARANTEE TRUSTEES, ANNUAL REPORT continued YEAR ENDED 31 MARCH 2023 Solicitors Cooper Wilkinson Imperial Buildings 3840 Queen Elizabeth Road Enniskillen Co. Fermanagh Northern Ireland BT74 7BY STRUCTURE GOVERNANCE AND MANAGEMENT FRCI is a company limited by guarantee, having no share capital and is governed by its Memorandum and Articles of Association, OBJECTIVES AND ACTIVITIES Our vision is to make employment accessible to all by supporting and encouraging people to reach their full potential thTough training and development. The strategic objectives for 2022123 are: To manage finances and assets efficiently and effectively; To develop and deliver quality training which fulfil customer needs; To increase the client and customer base of FRCI through effective marketing of the range of services provided,. and To partner with appropriate organi8ations to respond to existing needs and emerging opportunities. ACHIEVEMENTS AND PERFORMANCE During the year FRCI completed delivery of ASPIRE Project and Herltage project. The ASPIRE project was an employability project with 185 availing of support. Of this figure 90% achieved at least one formal qualification and 500/0 progressed into employment. The Heritage project for a recreational project to support the promotion of greenwood furniture created for waste timber and fallen trees. 36 participants availed of the support during this period. We also supported 104 private individuals to complete short courses in First Aid and Food Hygiene. FINANCIAL REVIEW As trustees, we are disappointed with the financial performance of the company during the financial year which has resulted in net outgoing resources of {£25,902), however, the Balance Sheet demonstrates that the company still has sound resources and liquidity.
FERMANAGH RURAL COMMUNITY INITIATIVE COMPANY LIMITED BY GUARANTEE TRUSTEES, ANNUAL REPORT continued YEAR ENDED 31 MARCH 2023 SMALL COMPANY EXEMPTIONS This report has been prepared in accordan with the provisions applicable to companies entitled to the small companies exemption. Registered office: Unit 3 56A Tempo Road Enniskillen Co. Fermanagh N. Ireland BT74 6HR Signed by order of the trustees Robin Cornell