Annsborough Communty Forum IA company Ilmllod by guarant, not havlng a sharn ¢opIt TRUSTEES, ANNUAL REPORT for the financial year ended 31 January 2023 The trustees present their TnJstees' Anr¢ual ReporL combining the Directots, Report and Trustees, Report. and unaudited financial statements for the financial year ended 31 January 2023. The financia1sts1ements8 prepared inaccordancewiththecompaniesAct2006. FRS 102Yhe Finanual RepothJ Stsndard applicable in the UK and Republic of Ireland" and Accounb"ng and Repo.n9 by Charib'es.. Statement of Recommended Practice applicable to charib.es preparing their financial ststements in accordance wilh the FinancFI Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. The TnJslees' Report ¢ontsins the infomiation required lo be prowded in Ihe Trustees. Annual Report under t ststemenl ofRecommended Practice ISORPlguidelines.Thelrustsesofthe companyare also charitytrustee5 forthe purpose of charity law and undef the company's constibjtion are known as members of the board of trustees. In this reportthe trustees ofAnnsborough Community Forum presenta summary ofits purpose,govemance. a¢Jvitie& achi8vements and finances for Ihe financial year 31 January 2023. The charity 1$ a registered charity and hence the report and results are presented in a IDM which complies with requirements of the Companies Act 2006 and. although not obliged to comply with the Statement of Recomm8TrJ& Practice applicable in Ihe UK and Republic oflreland FRS 102, Ihe organisab.on has implemented its recomm8ndaJts whore relevant in tha$0 finanoal statements. Review of Activiti•s, Achlevomènts and Performanc• Annsborough Community Forum owes and manages a communityhall frdcility in the wllage of Annsborough forth8 social and Tecreational benefit of local people. The group is still recovering from the financial affects and decli usors due to Covid. However, thisfinancial year has seen a sleady stream of athvits'es and users retuming to the hall. Our senior group has been reestablished as seniors feel rn0 confidènt to attend activib'es. They are now meeluyd ice a month and enjoying a variety ol light exerose dasses and health and mindfvlness awarenèss sessiorts aTrJ have been busy with knithng and crochetsng. Other users of the hall have induded winter training sessions for 2 underage Gaeli¢ clubs, Insh dancing. Handball, Birthday parb.es and exercise classes. The income generated frc these acb"vib'es along with a Service Level Agreemenlgrantfrom Newry, Mournè and Down Districlcouncil ensure that outgoings such as insuran, heal. alamis, mainienance etccan be o)vered and Annsborough Community Hall exists to provide so¢ial and recreational sefyi10Ttre benefiloflocal p8ople. The trustees are confidenlthatlhe conb'nLBJ growth in aclivitses and room hire will conbnue to grow and ensure the suslainability of th8 building for the benefit of future generations. The TrusleesofAnnsborough Community Forum haV0MplIed wilh Iheirdutyto have due regard tothe commissic public Ljenefitguidancewhen exer¢i$ing powwsand duties. Duringthefinancial yearAnnsboroughCommunty FONM continued to nsn & manage Ann¥l)orou9h Community Hall. The reopening of the hall to the public ensured the following purposes were mel". providing 18cilib.es to improve the conditions of life for local people,. promob'ng arts and culture". promob'ng citizenship and develop capacity. The benefits ofmeeting the abovo purposes included: increased ¢omrnunity participation: social interaction opportrJnib"es', improved conditions of lif8 (improved wellbeinglreduced isolab"on).' The benefftciaries were people living in Annsborough and Ihe Surrounding rural area. Financial Resufts Al the end of the financial yearthe tharity has assets of £344.07012022 - £361,125)and liabilitiesof£10,74712022- £20,003). The net assets ofthe charity have deuease¢Y by £17,799). Trusteos The tnjstees who served throughout the financial yèar. excepl as noted, were as knllows.. Mary OToole Gerard Lynch Murtagh Higgins Leona Mccartan Laurence Tumelty In accordance with the Con5tibJb"on, Ihe trustees rgtire by rotstion and, being eligible. offer themselvesfor re*lection.
Annsborough Community Forum IA eompany Ilmltod by guarantee, not havlng a sharn capltall TRUSTEES. ANNUAL REPORT for the financial year ended 31 January 2023 Compliance with Sector-wlde Leglslation and Standards The charity engages pro-actively with legislation. standards and codes which are developed for the secttsr. Annsborough Community Forum subscribes lo and is compliant with the following.. The Companies Act2006 The Charities SORP IFRS 1021 Approved by the Board of Trustees on 22 Soptgmbgr 2023 and slgned on Its behall by: Mary O'Toole Trustee