TOBERMORE C.OMMUNITY PROJECTS CONTENTS Pag• Trustees, report Independent examine¢¥ report Profil and loss account Balance sheet Notes to the financlal statements 7-13 Tho followlng pages do not fom) part of the statutory flnanclal 8tatoments Detalled statement of financial activities 14 Schedule of govemance costs 15
TOBERMORE COMMUNITY PROJECTS TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2019 The trustees present thelr report and financial statements for the year ended 31 MaTch 2019. 'Background The purpose of Tobemiore Community Projects is to promote the benefft of inhabitants of the Tobrermrfj and district area in terms of advancing education, and to prowd& factlib'es in the interests of Sla1 welfare, for recreation or other leisu other Sure time occupation with the object of improving the conditions of lrfe for the said inhabi18nts. Structure. govemanca and management The organisation 1$ a tharitsble associab'on. The association was established under a Constitution which established the aims and obiecbves of the charitabie association. Tobem)ore Community Prc4ects has a crossrycommunty focus and is managed by 8 voluntsry committee which is elected annudly. The appointment of committee in accordance the Charivs constitutn, whereby each member will be enlilled lo nominate one person only in writing not le58 than seven days beft•re the date of the Annual General eellng. The management of the Committ is ¢)veTseen by the Chairp8rson, Treasurer and Secrgtary. thg ¢ommittee meets regularly throughout the year and hold 8n AGM once a year. Objectlves and actlvltles The objects of the charity are.. To promote the benefit of the inhabitants of the Tobemore and district area of Co Londondery and its environs Ihereinafter described as "tho area of benefiY'} without distinction of age. sex. race, polrtical religious or other opinion by assouating the statutory authortties. voluntsry organisations and inhabilants in a common effort to advance education, and to prowde faeilTb"es in the interests of soual wetfare. for reerealion or other leisure lime occupation wrth the object of improwng the conditions of lrfe for the Sa inhabstanls. To establish or to secure the establishment of a Communty Centre Ihereinafter ealled Yhe Centre'l and maintain it and to manage to ¢Othoperate wrth lttal statutory authority in the maintenance and management of such a Centre for .actiMtie8 promoted by the Projects and its constituent bodies in furtherance of Ihe above objects. Prode or secure the provision of soual semces. educational and recreational facilities and practical assistance for eldedy and disabled people witrin the area of benofit Promote and ¢arry out, or a1$t in promoting and carying ot research. suNeys and In?tigationS and publish the useful results thereof. Organise or assist in organising meetings, lectures, classes and exhibitions and publi3h or assist In publishing feports. pefiodicals, recordings. books or other d(urnents or infomatron. Obtain collect and reCee money by way of grants, donations, b4uests, 5egacios or other lawful mèthod, provided that the Projocls may not engage in any fonn of permanent trading. Purthase. take on lease or in exehange. hirè or otharwise acqui any real or personal property and any rights and privileges neSSary for the promotion of the above objects and construct, maintain and aiter any buildings or erection8 which the Projects may think necessary for the promotion of ils objects. Recruit and train volursteers wth relevant sknlls lo carry out the objects of the Projects. Employ and pay any petson or persons. not being a member of the management Commritee referred lo below I'the Committee'l to supervise, organise and carry on the work of the Projects and make all reasonable and necessary prowsion for the payment of remuner8tion lo employee. Promle and organise co- operation in the achievement of the abovè objects and to that end to work in association with hjcal aulhorities and voluntary originations engaged in the furth&rance of the above objects in benefiL
TOBERMORE COMMUNITY PROJECTS TRUSTEES. REPORJT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2019 Achievements and performance MILL PARK Mlll Park has been a great as501 to the vlllage but 18 In need of Improving and modemi8ing. Meetings took place with Mid Ulster District Councll who agreed to invest £40,000 in an improvement PToje¢t. Work commènced in February 18 and was Comploted in May 18. The work will extend the existing play park, add new ple of play equipment. provided sealing and tamiac lo the paths around tho play park and lennls courL Funding was secured during tho ygar from EB (Northern Irglandl Ltd of £16,253 which was used to Tem¢)ve old flower planters and iepl8ced them with a new paved area, bordered with planter5 and new seatlng. EVENTS TCP has org8nl8ed a number of successful events in the past year. We have organlsed an autumn fair, Senior Cltlzens Christmas Dinner, Chrfstmas Ilghls switch on, Children's Chdslmas party and a number of soclals. MCKINNEY HALL The McKinnoy H811 continues lo bo well used by a number of groups wlthln the Tobermore communlty. Awide range of activitigs lake place in the hall. Everythlng from Netball to County and We81em conGerts. ivs great to see the hall well used by the whole o)mmunity. WAR MEMORIAL A commill8e has been Sel up lo manage the lIageS War Memorfal. The surplus money from the War mamorial collection has been transferred into a Separate bank account and wlll be used to upkeep the War memorial into the fvture. Financlal review The committee wlll continue to conduct annual revlews of the appropriate level of unrestrtcted reserves. The purpose of thi3 reserve is to provlde stsbility for the ¢harlty to ensure that it 15 able lo honour existing contractual obligations, to cover unforesgen ev8nts beyond the organisatlon's control and lo enable il to continue its operations in the unlikely event of 8 signrficant flu¢tualion in expenditure or income. The committ99 aim lo build reserves lo a11gast 3 months of annual expenditure. This may be achleved by increased fund raising. increasing earned income or duCn9 expenditure. The present level of reseTves avallable to the charlty is £39,313 whlth is deemed satisfactory. Tru8tee¥ The following trustees have held offiGe slnce 1 April 2018.. MT D Watters Mr E Hassan MrB Scott Mr B Johnston Mr R Lyle Mr J Black Mr W L Rlchardson Mrs K PBurns Mrs V Gregg Mi35 P Rlchardson Mr S Colgan Mr R Young Mrs M Brown {Re$lgned 18 June 2018} (Resigned 18 June 2018) (Resigned 31 Augus120181 (Resigned 31 August 20181 (Resigned 30 September 2018) (Appolnted 18 June 20181 (Appointed 30 November 20181 {Appointed 30 November 2018}
TOBERMORE COMMUNITY PROJECTS TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2019 Statement of tru8tse8' responsibilities The Constitution requires the committee to prepare finawal statements for each financial year which give a true and fair view of the Slate of affairs of Tobermore Communty Projects and of the surplus or deficit for that period. In preparing those financial stslements, the committee are QuIred to: - 98kGt suiteble accounting rxJlicie8 and then apply them consistenty," - make judgements and estimates that are reasonable and prudent. - Ppare the financial statements on the going concern basts unless it k8 inappropriale to presume that Tobemore Community Projects will continue in bLtsiness. The committee a responsible for keeping proper accounting record8 which disclose wlth reasongble accuracy al any lime the financial position of Tobernore Communty Projects and lo enable the committee to ensure that the finanoal slalemenls comply wth the Constitution. The Committee are also responsible for safeguarding thé assets ol TObemO Community Projects and hence for taking reasonable $tgp$ for the prevention and detection of fraud and other irregutarities. The committee arg 5atisf*d that all grants have bean used solety for the purposes for vthich they were provided. On behaOf the commtttee Mr D Wattgrs Trustse 22 January2020