Caledon Regeneration Partnership Limited
Annual Report
Forthe year ended 28 February 2023
Registered Number: N1031907
Registered Charity Number. NIC 101254
Noel Conn & Company
Chartered Accountants

Caledon Regeneration Partnership Limited
Annual Report for the year ended 28 February 2023
Contents
Directors and Trustees and Other Information...........................................................
Directors, and Trustees report................................................................................
Statement of Directors, and Trustees, Responsibilities...............................................
Independent Accountant's report...
Statement of Financial Activities
Statement of Financial Position
Notes to the financial statements..................................

Caledon Regeneration Partnership Limited
Directors, Trustses and Other Information
Directors
Mr R￿hard BlakisloTrHouston
Mr William James Beattie
The Earl of Cal￿on
Mr Jim Brady
Mr Christopher Gill
Trustees
Mr RoJer John Burton
Mr Dav￿ James Brajy
Mr William James Beatt
Mr John Casey
Mr R￿hard BlakistofvHouslon
The Ead of Caledon
Councilkjr Frances Burton
Mrs Eloise Shery
Mr txvayne McGk)ne
Councilkir Gael Gildernew
Councilbr Kevin McE￿OgUe
Councilk)r Mark Robinson
Secretary and registered office
Mr John Casey
42 Main Street
Caledon
County Tyrone
BT68 4TZ
Reporting Accountants
Noel Conn & Company
7 Seven Houses
English Street
Armagh
County Arma3h
BT617LA
Bankers
AIB
18120 Scotch Street
Dungannon
County Tyror
BT70 1AZ
Charity Commission Northern Ireland
Number
NIC 101254

Caledon Regeneration Partnership Limited
Directors, and Trustees, report for the year ended 28 February 2023
The directors, and irustees,, Fffesent their rerx)rt and the unaudited financial ststements for the year ended 28
February 2023.
Structure, governance and management
The charity is an incortK)raled b(Kly, and is under the control of the Directors arKI Trustees as detailed oul in the
charity constitution. The charity is rKognised as a charity uTrJer the Charity Commission for Northem Ireland as at
the date of registration being 2 March 2015.
Organisation
The Directors and Trustees who have served during the year are detailed out on paJe 2.
Public Benefit
The Directors and Trustees believe that lyjth our purposes the activities undertaken in this laa financial year
clearly satisfy elements of the publ￿ tenefit requirement.
Slatement of Public Benefit
The direct benefrt is for the Preservat￿n of the buirt, industrial and environmental heritage of the village and ils
environment, thus preseNing Caledon's unique and individual Char￿er for the enjoyment of Cu￿ent and future
generalians and offering economic benefit10 the Iccal and regional communities denved from servicing the
developing niche tourism markets in respect of the expk)ration of culture and heritage. There is also to be a benefit
lo the inhabitants of the village, derived by the provision of gcod quality housing st￿k thus enhancing quality of life
and health, and the provision of a number of attractive restored public buiklings for community use, encouraging
community cohesion and reducing isolation among the inhabrtants of the village and the surrounding rural area.
Caledon has ￿en transformed from a near derelict stale lo a very allractive place to live and work leading lo a great
sense of pride among Icxal people. By enhancing education through a joint exploration of herrtage and culture,
people of differing backgrounds and polrtral opinion have benefited from the oppjrtunily to explore new
perspectives. The development of a thriving alkjtmenl community has had broad spectrum beneficial efférts wthin
the local community, enabling the growers and their families lo eat n￿re healthily while cutting household
expenditure with the added benefit of l(Kally Sourc￿ fresh fcod and reduced f¢)od miles. People from different
cultures are afforded the opp)rtunrty10 interact in a relaxed environment exploring a shared interest. thus building
trust and toleran￿, thich has had a particularly t￿nef￿la1 effect in respecl of the integration of ethnic minorities
wthin the local community. Commrttee members are gaining useful eXperIen￿ in govemance and gaining
confidence in their skills and abilities. The involvement of children in the Fxoject from different cultures and traditions
11 have far reaching benefits both in respect of health and future communrty cohesion. TIE impressive
transformation of the village from a near derelict Stsle is evidenlial in a tangible sense. The benefrts to the people
have been eVIden￿d through detailed publ￿ consultation, the Caledon 2030 Vison- the programme of restoration
was regarded as highlmedium priority and the recognition and inierpreiaiion of the village's natural resources as
high priority. Overall, there is a very notable feeling of wellbeing and prKle among the local community, new
business has been attracted lo the village and the feedback from visrtors is very posrtive. The benefits of advancing
education and encouraging appreciation of all matters relating to history, herttage and Cu￿Ure can be evidenced
through good attendance al talks and exhibitions, the setting up of a Gommunily led local history group and the
villingness of the local community lo join and contribute10 project sieenng groups. Any private benefit is incidental
in the sense that most of the trustees are local community members and are therefore able to benefit from the
attractive living and vK)rking condrtions.

Caledon Regeneration Partnership Limited
Objectives and Actiwties
Caledon Regeneration Partnership makes funding applICat￿nS in restect of aThJ manages resloralion projects wth
regard to the conservation of listed buikjings in Caledon and those deemed a risk on the BARNI register. We
promote and protect environmental hertt4e in the village and environment by monitoring planning applications, tree
protection orders etc. We organise exhibttions, lectures and working groups on the subject matter of history and
culture and raises funds and manage community proiecls in order to improve the wellbeing, s(￿la1 welfare and build
community cohesion.
Projects
The WcM)Istore Day care facility reached ￿mpletion and has been successfully operating since April 2022. A much
needed childcare amenity in the village, the new business has already reached full capacity and an interest has
been express8J to extend the services currently offered to young families in the area. This particular proposal would
cater for older children and provide a dedicaled Sp￿£ for an after schoc4 club. There is a possibility in the future this
space o)uld further extent10 offer pre nursery Spa￿ yDunger children.
Caledon Regeneration Partnership have Jdentrfied a neighbouring building to The Woolst￿e in Mill Street Ihal would
be suitable, formally known as Caledon Stores.
Whilst the top floor has teen earmark&J for chiklcare provision, we are in the prO￿sS of establishing the best use
for the ground floor thai would SerV￿e and benefit the Caledon communrty. The Prin￿'S Foundation, together with
Caledon Community Steering Group are engaging with the community and stakeholders wlh a series of workshops
lo ￿lIe a Village Plan for Caledon., The Ca￿On 2030 Vision. This overarching plan ¥MII review a wide range of
issues in terms of long lenn suslainabilrty and resilience of the village. Inrtial indications for the ground floor would
be mulliuse workspace and potentially accommodation.
Funding secured to dale from The ￿chIllY1ural Herilage FuThJ {AHF) has pemitted inilial work wth a conservation
surveyor and archileclural planning to tegin. We are exploring Frfjlenlial addrtional funding streams from PeacePIus
and The NatKsnal Lottery Heritage Fund.
Dividends and transfers to reserves
In accordance with the Memorandum of Assttiatvjn no portion of the company's income may be paid by way of
dividend.
Financial Review and Reserves
The principal sources of income are from grants, donations and rental income. financial statements show
surplus for the year of £573.
By order of the Trustees
Mr D J Brddy
Direct
and Trustee
Dale

Caledon Regeneration Partnership Limited
Statement of Directors, and Trustees, Responsibilities
The Directors and Trustees, a￿ responsible for preparing the Directors, and Trustees, Annual Rep¢Jrt and the
Financial Statements in accordance with the applicable law and United Kingdom Accounting Standards.
The law applicable lo charities in Northern Ireland requires the trustees to prepare financial slaiemenis for each
financial year. Under that law the trustees have prepared the financial statements in accordance wth Generally
Accepted Accounting Practi￿ in the United Kingdom laccounling slandards issued by the Financial Reporting
Council in the UK, including Charrties SORP {FRS 1021. Accounting and Reporting by Charities.. Statements of
Recommended practi￿ applicable lo charities preparing their awunts in accordance with the Financial Reporting
Standard applicable in the Uniled Kingdom and Republ￿ of Ireland IFRS 1021 and promu￿ated by the Institute of
Chartered Accounlanls in the United Kingdom and United Kingdom Lawl. Under that law the trustees must not
approve the financial statements unless they are saisfied that Ihey give a true and fair view of the stale of the affairs
of the chaiity and of the statement of financial activities of the charrty for Ihai
In preparing these financial statements, the directors and trustees are required to..
select suitable &couniing policies and then apply the consistenlly.
observe the methods and princikles in the Charities SORP.,
make judgements and estimates that a reasonable and prudent.,
state whether the appI￿allOn of &counting standards have teen followed, subject to any material
departures disck)sed and explained the Financial Slatemenls:
prepare the Financial Statements on the going cOn￿M basis unless it is inappropriate to presume thai the
charity will continue in business.
The directors and trustees are resFonsible keeping proper accounting rLxords wh￿h disck)se wth reasonable
accuracy a any lime the financial position of the charity and to enable them to ensure that the financial slalemenls
comply wth the Charities Act (Northem Ireland) 2CN)8 and the Charity (Accounts and ReFrf)rtsl Regulations {Northern
Ireland) 2008. They are also responsible for safeguarding Ihe assets of the charrty and hence for taking reasonable
steps for the Prevention and det￿tIon of fraud and other irregularities.
The directors and Iruslees are responsible f(x Ihe maintenance and integrity of the corporate and financial
information included on the charities websrte. Legislation in United Kingdom governing the preparaion and
dissemination of financial statements may drffer from legislatbjn in ￿her jurisdictions.
Reporting Accountants
A resolution to ￿-8p[￿)Int the reFx)rting ￿LOuntantS, Noel Conn and Company will be proposed at the annual
general meeting.
By Order of th
ard
MrDJ
Dire
ady
r and Trustee
Date

Caledon Regeneration Partnership Limited
Independent accountants, report to the members of Caledon Regeneration
Partnership Limited
We report on the accounls for Ihe year ended 28 February 2023 as set out Pages 7- 14.
Respective responsibilities of charity trustees and examiner
As the charity trustees (and also the directors of Ihe company f¢N Ihe purtKses of company lawl you are responsible
for the preparation of the acixjunts in &COrdan￿ with the requirements of ttE Companies Act 2006. Having being
satisfied that the charity is noi subject lo audii under company law, and is eligible for independent examinalion, it is
our resFonsibilrty to-
examine the ac£LJunls under section 65 of Charities Act
follow the prc£edures laid down in the general Directions given by the Charity Commission for Northem
Ireland under sectK)n 65(91{b) of the Charities Acl
state whether particular matters have come io our atentK)n.
Basis of independent accountants, report
We have examined your charity a(x0u￿$ as required under section 65 of Ihe Charities Acl and our examination was
carried out in ￿ordan￿ wth the general Directions given by the Charity Commission for Northem Ireland under
section 65191{b) of the Charities Acl. The examination Includ￿ a review of the accounting records kept by the
charity and a comparison of the accounts presented with those reo)rds. It also included rx)nsKleratK)n of any
unusual items or disclosures in the ac(￿UnIS, and seeking explanations from you as charity trustees concerning any
such matters.
Our role is lo state whelher any material matters have come to our attention giving us cause to believe:
That &counting records were not kept in aCC￿danCe with S￿l0n 386 of the Companies Acl 2CMJ6
That the accounls do not accord with those accounting re(x)rds
That the accounts do not comply wlh the &counling requirements of section 396 of the Companies Act
2006 and wth the methods and winciples of the Charrties Statement of Recommended Practice applicable
to charities preparing their accounts in accordance wth the Financial Reporting Standard applicable in the
UK and ReputrAic of Ireland
Thal there is further infomalK)n needed for a proper understanding of the ￿COuntS to reached.
We have completed our examinatior) and have no o)ncems in respect of the matters listed above and, in connection
th followng the Directions of the Charrty Commission Northem Ireland, we have found no matters that require
drawing lo your attention.
Noel Conn & Company
Chartered Accountants & Registered Auditors
7 Seven Houses
English Street
Armagh
BT617LA
14 September 2023

Caledon Regeneration Partnership Limited
Statement of Financial Activities for the year ended 28 February 2023
Unrestricted
Funds
2023
Restricted
Funds
2023
Total
Funds
2023
Total
Funds
2022
Notes
Incomin
Resources..
Voluntary income
Grants Received
General Donations
Activities to Generate Funds
Rental Income
Hire of Rcoms
Investment and Other Income
5,000
5,000
2,650
3,777
700
2,650
21,957
21,957
456
15,194
Total Incoming Resources
25,063
5,000
30,063
19,671
Resources Ex
ended..
Charitable Activities
Charitable Donations
Charitable Acliwties
Administralion Costs
Establishment Costs
Other Costs
1,572
828
1,572
12,017
13,434
2,467
1,626
22,250
13,467
(17,8641
19,479
11,189
13,434
3,058
(591
1,809
Total Resources Expended
27,681
29,490
Net Incomel(Expenditure) for the year
11
(2,618)
3,191
573
192
Gross Transfers between funds
Net Incomel{Expenditure) forthe year
9,401
6,783
9,401
(6,210)
573
192
Transfers inl(out) of Reserves
Reconciliation of Funds
Totsl funds brought fonvard
(9,055)
9,583
528
336
Total Funds to Cary For%wdrd
{2,272)
3,373
1,101
528
All amounts atove relate to conlinuing operations of the company.
The company has no r￿(KJni5ed gains or k)sses other than those included in the results above and therefore no
separate slalemenl of total reccgnised gains and losses has been wesented.
There is no drfference between the deficrt on ordinary activities before taxation and Ihe surplus for the year staled
above and their hisiorical cost equivalents.

Caledon Regeneration Partnership Limited
Balance sheet at 28 February 2023
Employment of Capitsl
Notes Unrestricted Restricted
Funds
Funds
2023
2023
Total
Funds
2023
Total
Funds
2022
Fixed Assets
Tangible Assets
1,139,326
1,139,326
1,079,918
Current Assets
Deblors and Prepayments
Cash at Bank and in Hand
7,500
1,014
7,500
11,588
56,152
1,829
10,574
Current Liabilities
Bank Overdrafts
Creditors.. Amounts due vithin one year
7,109
7,109
12,846
55,761
9,831
10
12,846
Net Current Assets
(2,272)
1,405
(867
{7,611)
Total Assets Less Current Liabilities
(2,272) 1,140,731
1,138,459
1,072,307
Provisions for Liabilities and Charges
Deferred Income - Capital Grants
11
1,137,358
1,137,358
1,071,779
Net Assets
2,272
3,373
1,101
528
Funds
Unrestricted Funds
Restricted Funds
13
13
(2,272)
3,373
1,101
{9,0551
9,583
528
For the financial year ended 28 February 2023 Ihe company was enirtled to exemption from audit under section 477
of the Companies Act 2QJ6. No Member of the company has deposited a not￿, pursuant to section 476, requiring
an audit of these financial statements under the Q)mpanies Act 2(Th.
The directors ￿knO￿edge their responsibilrties for ensuring that the company keeps accounting records which
comply wth section 386 of the Act and for preparing financial statements which give a true and fair view af the slate
of affairs of the company as at the end of the financial year and of ils deficit for the financial year in accordance with
the requirements of sections 394 and 395 and which Otherwise comply wilh the requiremenis of the Companies Act
2006 relating lo accounts, so far as appluble to the company.
These accounts have been prepared in acc(Kdance with Ihe special provisions applicab￿ lo companies subject to
the small company's regime wthin Part 15 of the Companies act 20C6.
The financial slalements have been approved b
he bjard and authorised for issue ￿ 14 September 2023.
rDJBraJy
Directorrrrustee
J Casey
SecretsrylTrust

Caledon Regeneration Partnership Limited
Notes to the financial statements for the year ended 28 February 2023
1. Principal accounting policies
The financial statements have been wepared in accordance with applicable Accounting Standards. A summary
of the more important &counting poI￿leS is set out below.
Basis of accounting
The financial statemenls are prepared in accordan￿ V￿th the hISt￿c87 cost convention.
Incoming resources
Voluntary income or capital is included in the Statemeni of Financial Activities when the charity is legally entitled
lo it, its financial value can be quanltfied with reasonable certainty and there is reasonable certainty of ils
ultimate receipt. Entitlement to ￿gaCleS is considered established vthen the charity has been nolrfied of a
distribution to be made by the executors. I￿Ome received in advance of due performance under a contr￿1 is
accounted for as deferred income until eamed. Grants for &iiwties ￿e recoJnised as income when the relat
conditK)ns for *al entit￿men1 have been met. All other income is w)unted for on an afxrual basis.
Resources Expended
All resources expended are accounted for on an accrual basis. Charitable activities include costs of seNices and
grants, support costs and depr￿latIOn on related assets. Cosis of generating funds similarly include fundraising
activities. Non -staff costs not allribuled to one caegory of activity are allcKated or apportioned pr￿rat lo the
staffing of the relevant serV￿e. Finance, HR and ajministrative staff costs are directly attributable lo individual
activities by objective. Governance costs are those assttiat&J vith constitutional and statutory r4uirements.
Restricted Funds
Restricted funds are accounled for in ￿rdance ￿￿th the part￿Ular tems of trust arising from the express or
implied wishes of the donors in so far as these are intended to k binding on the charity. Where such ¥Mshes are
not intended lo be binding, they are taken into account and rwnised in appropriately designated funds.
Unrestricted Free Reserves
Free Reserves represent amount vthich are expeThJable a the discretion of the trustees in furtherance of the
objectives of the charty and which have not been desonat&J fcff any other purtK)se. Such funds may be held in
order to finance wcffking capital or capital exFenditure.
Tanglble fixed assds
Depreciation is calculated so as lo vffrte off t￿ cost of tangitk fixed assets less their estimated residual values,
over the expected usdul ec(Momic lives of Ihe assets cOn￿med. The principal annual rates and bases used for
this purpose are.. -
Freehold land and buildings
Caledon 8eam Engine
The W￿1 Store
Straight Line Basis
Straight Line Basis
Slraight Line Basis

Caledon Regeneration Partnership Limited
10
Government grants
Granls tha relate to s￿￿1C capital exFendrture are treated as deferred income, vthich is then c￿d[ted to Ihe
profit and loss account over the related asset's useful lrfe. Revenue grants a￿ credited lo the profit and loss
account in the same FHi(xJ as the relatd exr£ndilure is incurred.
2. Grants Received
Unrestricted Restricted
2023
2023
Total
2023
Total
2022
Funding for Projects Grants
Daera Grant
Cc4)peration Ireland Grant
Community Revenue Grant- MU
1,500
783
1,494
5,000
5,000
5,000
5,000
3,777
3. Charitable Donations
Unrestricted Restricted
2023
2023
Total
2023
Total
2022
Ck)nations
4. Charitable Activities
Unrestricted Restricted
2023
2023
Total
2023
Total
2022
Christmas Festive Costs
1,572
1,572
1,572
1,572
1,626
1,626

Caledon Regeneration Partnership Limited
11
5. Administration Costs
Unrestricted Restricted
2023
2023
Total
2023
Total
2022
Salaries and Wages
Pension Cost
CRP Grant Repaid
Wool Store Expenses
Accountancy
Adverttsing
Telephone and Postage
Stationery and Advertising
Equipment
Cleaning
Computer Equipment
General Expenses
7,636
7,636
16,485
142
828
828
1,930
1,075
940
687
974
40
687
974
460
59
1,538
231
150
180
22,250
274
274
638
11,189
638
12,017
6. Establishment Costs
Unrestricted Restricted
2023
2023
Totsl
2023
Total
2022
Insurance
Water Rates
Heal and Light
Repairs
3,216
367
7,095
2,756
13,434
3,216
367
7,095
2,756
13,434
3,178
227
7,983
2,079
13,467
7. Other Costs
Unrestricted Restricted
2023
2023
Total
2023
Total
2022
Bank Charges
Travel Costs
EÈpreciatKJnlAmortisalion
3,058
3,058
1,582
(591)
(591)
(591)
2,467
(19,446)
{17,864}
3,058

Caledon Regeneration Partnership Limited
12
8. Tangible ftxed assets
Freehold
Property
Caledon
Beam Engine
The Wool
Store
Total
Cost
At 1 March 2022
Additions
Disposals
At 28 February 2023
523,267
216,531
566,537
87,280
1 B06,335
87,280
523,267
216,531
653,817
1,393,615
Depreciation
At1 March 2022
Charge
Dlsposals
At 28 February 2023
176,721
10,465
38,365
4,331
11,331
13,076
226,417
27,872
187,186
42,696
24,407
254,289
Net BookV8lue
At 28 February 2023
336,081
173,835
629,410
1,139,326
Al 28 Febwary 2022
346,546
178,166
555,206
1,079,918
9. Debtors and Prepayments
2023
2022
VAT
Capital Grant Debtor
1,788
54,364
56,152
7,500
7,500
10. Creditors: amounts falling due within one year
2023
2022
Accruals
VAT
Other Creditors
12,645
201
9,831
12,846
9,831

Caledon Regeneration Partnership Limited
13
11. Deferred income
2023
2022
Capitsl Grants
At 1 March 2022
Received and Receivable
Amortisation in the year
At 28 February 2023
1,071,779
94,042
(28,463)
1,137,358
595,711
521,641
(45,5731
1,071,779
12. Taxation
2023
2022
United Kingdom corFrf)ration tsx @ 20Yo
Current
13. Movement in Funds
At the
Movement Transfers
0110312022 In Funds
inl{out)
Transfers
In Funds
Atthe
2810212023
Unrestricted Funds
General Fund
{10,604)
{2,618)
9,401
{3,821)
Restricted Funds
Restricted Funds
10,961
3,191
(9,401
4,751
Total Funds
357
573
930
14. Net Movement in Funds, included in the above are follows:
Incoming Resources
Resources Expended
Movement
in Funds
Unrestricted Funds
General Fund
25,063
(27,681)
12,618)
Restricted Funds
Restricted
5,000
{1,809)
3,191
Total Funds
30,063
(29,490)
573

Caledon Regeneration Partnership Limited
14
15. Employee Information
2023
Number
2022
Number
Employee NumtEts
2023
2022
Staff costs (for the abjve persons):
Wages and salaries
ial Security
7,636
16,485
7,636
16,485
16. Trustees, Remuneration and Benefits
No trustee received any remuneration during the year ended 28 February 2023 {2022 -NiD.
No Trustee re￿IVed any reimbursement for approved eX￿nSeS incurred in connedion V￿th the charity.