BRAED COMMUNITY ASSOCIATION REPORT OF THE BOARD OF TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023 'rhe B[rd of Tritsttes PT¢Senl their Rpoit And financial statetn¢nl$ of Ihc Associalion for Ilic y¢ar ende<l 31 MaTch 2023. The Inisiee8 have dopled tlie piM)vi£ion% ol'ihe 8ialeTlleiit of Recomiiiended Prnclice ISQRPI"Accouiiiiiig aiid Reporting by Charities" IfRS 1021 in prepariThE Ihe aiiniial rejxirt and finJiici&l ststrm¢n15 of Ihr A5xKiation. 'rhe financi21 .%laternent£ h2vc bc¢n pr¢paiLTrd in acCOCe willi iliL accoLiniiDb W)ITCl¢S scl out iii Ihe nole% lo the fin8iicial siaienieni% aftd Lomply witli the Assoeiatiott'q gov¢mTng dociimenl. the charitiL Acl INonh¢rii Irclaiidl 2008. Cliarilie5 IA¢couiiis aiid R¢wrisl RL'gulciliLTrn% IN()rthern IreEid} ?015. wid CILqfili¢% SOIII'11.'RS 1021 AccDullliii¥) aiid Rewi1in¥ by ChariliLs.- Slalemenl or Ilccorninendcd PLetiC appIlbIl. lo charities ycparing tliLlI' accounts in accoidancc willi tIiL Financial Rep)rting StandaTd applicable in Il)c UK atrf kepubli¢ of Ir¢lnd IFRS 1021. REFERENCE AND ADMIPIISTiL4TIVE DETAILS Ilefereiice aiid adiiiirtistralivL detLiil% showii iii Ihc sclicdulc of Tru$t$ of lh¢ A$w¢ialion [KnIe£103l adviq¢r% page l of Ihe liiianciiil %latemenlq. TRUSTEES OF THE A&8OCIATION '[ Diretiors of the Association arc its TYuAe% FOF piirwise of ch47rily law. The Trustees ivho seri'ed lh¢ eompany during Ihc year ivcie as follows.. Denise Forde Cariiiel McK¢ndry Mavv¢ I3jrJ Maiv LIiziibel11 Deviiic Moira FJol)birt Ro8aleen Mitcli¢ll PUBLIC IIENIFIT STATEMII NT -I'he dircctors ol. Braid Cuinmunily Asl&tiOn coiifirm that Ihcy knve hlld duc regllrd for tl guidi?nce on Public Benefit by the Cknrity Loinmissioii tor Nortlicni Ireland 8nd are plea8cd I tel Ihat dui'ing the p¢rind ilie Asso¢iaiion eoniinued 10 PTovide Ihe Publi¢ Benefiis Iliroiigh iiiogruiiiiii¢s ¥iid seiwi¢¥s wc oiT¢r. Iii purfiLulai-. IIK. cliirLtuts considL'r how pldTrneil aul1vill will coniribuw. 10 IhL ainand vbjL'clivcs Ilicy liaye sel. Publie Ilenefits The (tii'wl bcJiLfil¥ whicli flow from the objeclives of Brnid Comrnunity Association at¢ lo turn thv fotni6r Old Bnid Pi'inmry Sch1 iato a coniniunily cciilrc. of7cring classcs al a iiiLYting pknce
BRAID COMMUNITY ASSOCIATION REPORT OFTHE BOARD OF TRUSTEES FOR THE YEAR ENDED.11 MARCH 2023 PUBLIC BENEFIT STATEMENT {tonllllu¢dl ere pe¢)ple of all ages tan gel together and inlera¢t as ¢1111Y there is no crosy-community space available the area, and in so doing IEduce the effects Dt. niral Isolation improve the health ofihe coininuiiity. Th¢¢r is iio privaie beiiefit nowing from Ihe purposes. OBJECTIVES AND ACTIVITIES The wsncipal aciivalies of Ihe Associaiion are as slated in Its)nstitUtiOn.. To p]VoI¢ the benefit of tlie iiihabiiants of Btaid Valley aiKI distr01. Couiity Anirim, wiiknui disiinclioll of gelldcr, sexual ori¢ntaiion. abrc. disability, rnce, ethnicity> or p)liii¢al, '11sioUs or other èpinion by asswialing with th¢ statutory auihorilie5. voluntsry and communTrty orE&nisalioo$ and inlthbitants in ll common ¢ffort. STRUCTURE GOVERNANCE AND MANAe.EMENT GoVerE Ikncumen Braid Comiiiuiiity ASlatIOn is a company limiid by ¥uaranlee iiot having a share capital and vBils ofiijc u¥¢ Of'Liinit. exeinption. The Company was incorw>rated on 19 March 2013. Tlie AssoeiAtion is r¢gisiered with the Nl Charity Comrnissioll as of 19 October 2014 - Charity No.. IIYJ677. i5ational stru r¢ nd r¢lat¢d rtie RespO11b111tles for Ilie Rclivili¢s of th¢ A$Clai10 is veslzd in and carriEd out by a Boatd of Trustee5 wthieh meets at intervals Ihroughoui the pcriod. Ttee5 iaY be appoinfrd by resolulion of meeting of Ik Bogrd of Tru8lees. None of the Trustees receivB remuntvalion OT Other Lnefit from Ilrir work with the chariiy. Any Connection between a Tru8iee of the Ch2Tity with 2 ¢onira¢id supplicr n)Iisi be disLlo%ed io the full Boaid the Eani¢ way gs wiy oilier ¢ODtra¢tual relfjiionsliip wilh a Jrlaled party. In the CUiTeJit year I1 no sllch reialed p8rty tiOnS to rerrt)rt. Recruitrnent intmont induetiryj 2nd Ir*lnl T1 Board of Tiwiees have be¢ii i17volved in lh¢ A550¢iation for sevetai year$ and are ftjmiliar willi its work. The Trusiees tegulaily revicw the reqiiireinenls of the As50cialioti 8tMI the w>ssibility of a fteed for addilTronal I'ru51ees. Appropriate training gnd induction ate &vail961e to all rjew 'rrusEees. FingJJ¢Éal risk mana ¢menl ob'eetives and oltcies T1 Trustees have ov¢r&ll r¢5P0115ibilily foi ensuring that the ASlatiOn has in place an appropriate system of colltrol4 financial atKi otherww. Ihe Trustee5 have asxs%ed Ilie major risks lo which IIK As50cialion is exposed, in parti¢ular those relaled lo Ihe operation5 fijwiiffs of the Asswiauoij WKiare satlsfJ¢d the 5yslem5 are in place to n)itigale Bny eKPOSUte to major risks.
BRAID COMMUNITY ASSOCIATION REPORT OF THE BOARD OFTRUSTEES FOR THE YEAR ENDED 31 MARCH 2023 (Continued) ACHIEVEMENTS AND PERFORAIAP4CE The Company is a non-profit making organisation. Total incoiiK for IIK year arnowiied to £6.720 (2022.. £4,177). Incomr d¢riv¢d fron) do11101)5 and legaci¢s 4mountcd lo £nil (2022.. £nill otkn iiicome amoutited to £6,72012022.. £4,177). Total expvnditur¢ for yuramounled ,794 {21r22.. £4.Y221. Th¢ ret incom¢ for the y¢aT amounted to £926 0022.. _£401 with nei assets of £3.506 12022.. £2,579) at 31 March 2023. Tlie Trustee5 CQDsider Il]at the Associalion is in a saiisftctory posiuon to ¢arry on its ¢haritabl¢ activities. The Charity has succe55fully PTovidL¥l a rnnge of acltviiies lo tsrgel groups in the year. The Old Brdid Primary School is used foT classes and the premises ar¢ rented out to locals. Braid Cominunity A&%ocialion ore gtaieful 10 the Communily Fund Nl and Mid & Anti) Council ror Ih¢ir gl¢rOuS funding iii 2022- 2021. PLANS FOR FUTURE PERIODS 'rhere dte no major ¢liang&q envisaged in th¢ foYcs¢eabl¢ future. TRUSTEES RESPONSIBILITV STATEMETr4T 'rhe -fru5tses (who are also Ihe dirS of Braid Comniunily A5s(iaiion) for th¢ pvrposes of cotnpany lawl ire Lsponsibl¢ for pr¢paring the Trustees, Aiinual Rcport the finallcial sl&tcnients in accordan¢¢ wilh applieAblc law and United Kingdom Ac¢ounting Standsrds (United Kingdoni Generally A£Lepied A¢¢ow)lin8 Prnet1) incI]lig FRS 102 -Th¢ Fingwial Reportii Stsilda applicable in the UK and Republic of Ir¢land" ie law applicable ¢11grilies Nortlicrn Irelaiid requires th¢ diir¢tors to prep fJnan¢thal siaicnicnts foT cach finaiicial period wljidi give a true wid fair view 011 of Ihe Association and of the in¢omin8 Tewur¢¢s application of reSOEirS. including the in¢om¢ and exwdilute, tsf the A%8OCtaiion forthat period. In Ppering ihese financial siaiemenis. dire¢loTr are required io.. sele¢t suitable acconting policiesand th¢n apply them consistently. observe the niethods and ptinciples 111 the Ch91'iti SORP 2015 IFRS 102}. Inake judgements ac¢ouniing csiimaies Ihat gir rSOlbIe and prudcnl. slate ivhetber wplicablc UK A¢¢ouniing Stattdards have Eecii followrf subject to any mthrial departures diKlosed $nd explained in the finBncial siaieTnenis. pware the financial %tsni¢llts on the Koiiig ¢oiKem basis un1¢55 11 i5 inappropriatr lo presume ihai ihe A8sociaiion will coniinue inoperalion. 41Page
BRAID COMMUNITY ASSOCIATIOFI REPORT OF THE BOARD OF TRUSTF.ES FOR THE YEAR ENDED 31 MARCH 2023 TRUSTEES RFSPONSIBILITY STATEMENT ICONTINUEDI Tr TrllSt&s we reSnsible for keeping wp¢r accounlirtg rwords tlial disclosc wilh krasonuble UTacy &t any lini¢ the financial position of Ihe A&%ocialioii and ¢nable Ihcm 10 ensu that the fiiian¢ial sthiemeiits comply wilh tliL Companie5 Acl ?0(. chitieS Act (Nortliem Irelandl 2008 gnd 'l'li¢ Chariiies {AccowilS aiid Rep)rtsl Reglllalions INorth¢m Ireland) 2015. They are algo reswngibl¢ for safeguaTding lh¢ aysels of the Association and hence for taking r¢ttable st¢ps for the pRventiO and deiettion of fraud and other i¢Bular117¢$. ]n &) far as theTrus¢ees are awa.. Ihere 18 no Televant infonnatiort of which tlie AwKiation's Independent Examiner is umware: the Trusiees hav¢ tskcn all steps that tlicy Ight lo have laken Lo Inake thcm¥elv¢s awatc or any tel¢vanl information 8t to esiablisli Ihai the iThiependeni exgmin¢r is aware of th81 iiiforjtIl0n. INDEPENDENT EXAMINER A olU110tt l>w£ll1g K Iliggiiiis FCA 10 be re-llppoinlcd * indewdtht ¢X8minw will ix put forward ai the Annual Gell¢rnl M¢etinB. SMALL COMPANY EXEMPTIOP4S Thi% YeFK)ri l]as beeii Epared irt accordance with the special provislons for small compgnies under Part 15 ofihe CortlPalllC5 Act 9006. By Orderof the Management Commiiiee= Rlsred0[[lCe'. 37 Lon8mor¢ Road Thc Braid B3llym¢na BT43 7JR D8te: Ms D ist Fonle Trttstee Approved by theTStett QTk- Date: OJ Nov¢mber2&23 51PgL)C