FERMANAGH RURAL COMMUNITY INITIATIVE COMPANY LIMITED BY GUARANTEE TRUSTEES, ANNUAL REPORT YEAR ENDED 31 MARCH 2024 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 2024. 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 Accountants 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. Fermanagh Northern Ireland BT74 7BT
FERMANAGH RURAL COMMUNITY INITIATIVE COMPANY LIMITED BY GUARANTEE TRUSTEES. ANNUAL REPORT continued YEAR ENDED 31 MARCH 2024 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 through training and development. The strategic objectives for 2023124 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 organisations to respond to existing needs and emerging opportunities. ACHIEVEMENTS AND PERFORMANCE The ASPIRE project completed on 31 st March 2023 and it wasn't replaced until the beginning of June 2023 with a project called REAP. Due to late start for project the number joining during 23124 was 72 with only four completing within that period. Two went into further education and two returned to benefits, Our new Heritage project commenced on 1 st September 2023 and during this period 48 participants availed of training in local Fermanagh Farmland Heritage training activities. We continued with our private training in the areas of IT, First Aid, Food Hygiene and Health and Safety and 85 completed and achieved within this range of course delivery. 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 (£41 ,940). FRCI continue to explore all funding avenues to draw down funds to ensure the company remains sustainable in the future.
FERMANAGH RURAL COMMUNITY INITIATIVE COMPANY LIMITED BY GUARANTEE TRUSTEES, ANNUAL REPORT continued YEAR ENDED 31 MARCH 2024 SMALL COMPANY EXEMPTIONS This report has been prepared in accordance 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