Ard21uin Regeneration Trust Report of the Trnstees for the Year Ended 31 March 2023 The trustees present their report with the financial statements of the charity for the year ended 31 March 2023. Thc trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AND ACTIVITIES Organisation and Principal Activity Ardaluin Trust was originally fonned by a Declaration of Trust dated 8 October 1970 and governed by a Cy- pres Scheme approved in the High Court of Justice in Northem Ireland (Chancery Division) on 9 June 1997. In exercise of the powers given to the Trust as clause 6n of the Scheme the Trustees resolved to change the name of the Scheme to Ardaluin Regeneration Trust at a Board meeting held on 4 April 2011. Ardaluin Regeneration Trust was first registcred as a Charity for tax purposes by HM Revenue and Customs on 21 November 2011, Charity Registration No. XT31161. Ardaluin Regeneration Trust was registered as a Charity with the Northern Ireland Charity Commissioner on 28 October 2014, Registration Number NIC100698. Objects and Powers Ardaluin Regeneration Trust provides residential and camping accommodation primarily for community- based groups and organisations, registered charities, social ente￿riseS and not for profit organisations and schools. The Trust aims to engage people from all backgrounds through programmes of activity that provide personal and social development opportunities primarily to young people to help them to explore and reach their full potential. The Trust provides access and accommodation to their residential property Ardaluin House, on site camping sit¢ and grounds to support the promotion and delivery of personal and social development progratnmes. The Trust facilitates a holistic approach to the needs and aspirations of the individual, ensuring safe, inclusive, but challenging opportuniti¢s that are Changing lives and building futures" across Northern Ireland. Belfast Activity Centre, as the approved operating partner for Ardaluin Regeneration Trust provided the following Centre Accreditations and Professional Memberships BAC successfully retain￿ the Gold Standard and Adventure Mark accreditation from the Association of Heads of Outdoor Education Centres (AHOEC) Institute of Outdoor Learning (IOL) Membership Institute of Outdoor Leaming (tOL) Approved Continuing Personal Development (CPD) Provider Open College Network (OCN) Qualifying and Programme Centre Learning Outside the Classroom (LOC) Quality Badge Duke of Edinburgh Award IDOE) Licensed Centre Duke of Edinburgh Award (DOE) Approved activity provider for Award Expedition Section National indoor Climbing Award Scheme (NICAS) Approved Centre for delivery to Level l and Level 2. ASDAN Education Awarding Centre John Muir Award Group Member British Heart Foundation AffIliated Heart Start Training Provider HSE Approved Rescue Emergency Care (REC) First Aid Training Provider Page I Ardaluin Regeneration Trust Report of the Trnstees for the Year Ended 31 March 2023 OBJECTIVES AI¥D ACTIVITIES ART supported Revenue (Short and Longer terni residential and camping programmes) Demand for short term outdoor adventure activities and longer-term learning outside the classroom programmes increased with high demand from the formal schools sector. Work with the youth and community also recognised a return to pre-covid levels from both the voluntary and statutory sectors contracting a range of programmes that addressed issues of rebuilding confiden￿, peer to peer and social communications, problem solving, motivation and prolonged physical inactivity under over-arching themes of health and well-being particularly amongst primary more than post primary aged groups of children. Dept. of Justice grant funded BAC Adventure Investigator programmes to 3 Primary Schools delivered by our operating and programme delivery partner, Belfast Activity Centre (BAC). FINANCIAL REVtEW Financial Ardaluin Regeneration Trust seeks to comply with Best Practice in managing the finances of the Centre and as outlined in the Reserves policy should hold adequate r¢serves to cover 3 months full running costs of the centre. The fjnances at 31 March 2023 reflected cash at bank and in hand of £7,029 which was all unrestricted funding. The Net Current Assets at 31 March 2023 were £733, while the total reserves were £715,962, all of which were unrestricted. Reserves policy The Board of Trustees, of Ardaluin Regeneration Trust will cndeavour to accumulate reserves which amount to up to six months full operating costs of the centre. The Board believe this to be an acceptable reserve and contingcncy. If the Charity was fortunatc enough to reach this amount of reserve, the Board would table a discussion as to how funds could be expended or invested, in-line with the work of the charity. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing doeument The charity is colltrolled by its governing document, a deed of trust and constitutes an unincorporated charity. Risk Policy Risk Management is a high priority in the work of the centre. Physical Risk is monitored daily due to the nature of outdoor activities. All staff are provided with training in risk management and the Centre has a Health and Safety Advisory Committee of independent advisors who meet quarterly. The BAC Board are tasked with the Goveinance of the Centre. The Board carries out regular management analysis on all aspects of the Centre's work. Page 2 Ardaluin Regeneration Trust Report of the Trustees for the Year Ended 31 March 2023 REFERENCE AND ADIIqINISTRATIVE DETAILS Registered Charity number 100698 Principal address Clo Belfast Activity Centre Barnett's Stable Yard Barnett Demesne Belfast Co. Antrim BT9 5PB Malone Road Trustees Mr Thomas Scott Chairperson Mr John Harold Baird Treasurer Mr lan Douglas Mr Stephen Dickson Mr James Arnistrong Mr Ronni¢ Smyth (passed away 1910112023) Mrs Mary Gillespie The Trustees were saddened to leam of the passing of Ronnie Smyth in January 2023. Ronnie had given considerabl¢ service to Ardaluin over a long period and will be missed. Independent Examiner John Mccleary FCA Mcclcary & Company Ltd Chartered Accountants Garvey Studios 14 Longstone Street Lisburn Co. Antrim BT28 ITP Approved by order of the board of trustees on 20 November 2023 and signed on its behalf by: Mr Tho as Scott - Trustee Page 3