Caledon Regeneration Partnership Limited
Annual Report
For the year ended 29 February 2024
Reglstered Number: N1031907
Reglstered Charlty Numbpr: NIC 101254
Noel Conn & Company
Chartered Accountants

Caledon Regeneration Partnership Limited
Annual Report for the year ended 29 February 2024
Contents
Directors and Trustees and Other Information.................
Directors, and Trustees report....
Statement of Directors, and Trustees, Responsibilities........
Independent Accountanfs report..
statement of Financial Activities
statement of Financial Position
Notes to the financial statements.......,.......................................
.10

Caledon Regeneration Partnership Limited
Directors, Trustees and Other Infomiation
Directors
Mr Richard Blakiston-Houston
Mrwilliam James Beattie
The Earl of Caledon
Mr Jim Brady
Mr John Casey
Mr Christopher Gill
Trustees
Mr Roger John Burton
Mr David James Brady
Mr William Jam8s Beattie
Mr John Casey
Mr Richard Blakiston-Houston
The Earl of Caledon
CounGillor Frances Burton
Mr Christopher Gill
Ms Connie McNamee
Mrs Eloise Shery
Mr Dwayne McGlone
Councillor Gael Gildemew
Counclllor Kevin McElvogue
Councillor Mark Robinson
Secretary and registered offic8
Mr John Casey
42 Main Street
Caledon
County Tyrone
BT68 4TZ
Reporting Accountants
Noel Conn & Company
7 Seven Houses
English Street
Amiagh
County A￿nagh
BT617LA
Bankers
AIB
18120 Scotch Street
Dungannon
County Tyrone
BT701AZ
Charity Commission Northern Ireland
Number
NIC101254

Caledon Regeneration Partnership Limited
Directors, and Trustees, report for the year ended 29 February 2024
The director5, and trustee5', present their report and the unaudited financial statements for the year ended 29
February 2024.
Structure, governance and management
The charity is an incorporated body, and is under the control of the Directors and Trustees a5 detsiled out in Ihe
charity constitution. The charity is recognised as a chanty under the Charity CommissiDn for Northem Ireland as at
the date of registration being 2 March 2015.
Organlsation
The Directors and Trustees who have seNed during the year are detailed out on page 2.
Publlc Benefit
The Directo￿ and Truste85 believe that both our purposes and the activitses undertaken in this last financial year
clearly satisfy elernents of the public benefit requirement.
Statement of Publlc 8eneflt
The direct benefit is for the Preservation ofthe built, industrial and envlronmental heritsge of the village and its
environment, thus preseNing Caledon's unique and individual character for the enjoyment of current and future
generatlons and offering economic benefft to the local and regional communities derived from seDJicing the
developing niche tourism markets in respect of the exploration of culture and heritage. There is also to be a benefit
to the inhabitants of the village, derived by the provision of good quality housing stock thus enhancing quality of lrfe
and health, and the provision of a number of attractive restored public buildings for community use, encouraging
communty cohesion and reducing isolation among the inhabitants of the village and the surrounding rural area.
Caledon has been transformed from a near derelict state to a very attractive place to live and work leading to a great
sense of pride among local people. By enhancing education through a joint exploration of heritage and culture,
people of differing backgrounds and political opinion have benefited frDm the OPPDrtunity to explore new
perspectives. The development of 8 thriving allotment community has had broad spectrum beneficial effects within
the local community, enabling the growers and their families to eat more healthily while cutting household
expenditure with the added benefit of locally sourced fresh food and reduced food miles. People from different
cultures are afft)rded the opportunity to interact in a relaxed environment exploring a shared interest, thus building
trust and tolerance, which has had a particularly beneficial effect in respect of the integration of ethnic minorities
within the local community. Committee members are gaining useful eXpellen￿ in govemance and gaining
confidence in their skills and abilities. The involvement of children in the project from different cultures and traditions
will have far reaching benefits both in respecl of health and future communty cohesion, The impressive
transfomiation of the village from a near derelict state is evidential in a tangible sense. The benefits to the people
have been evidenced through detailed public consultation, the Caledon 2030 Vison - the programme of restoration
was regarded as highlmedium priority and the recognition and interpretation of the village's natural reSoU￿S as
high priority. Overall, there is a very notable feeling of wellbeing and pride among the local community, new
business has been attracted to the village and the f￿dbaSk from visitors is very positive. The benefits of advancing
education and encouraging appreciation of all matters relating to history, heritage and culture can be evidenced
through good attendance at talks and exhibitions, the setting up of a community led local history group and the
willingness of the local community to join and contribute to project steering groups. Any private benefit is incidental
in the sense that most of the trustees are local communty members and are therefore able to benefit from the
attractive living and working conditions.

Caledon Regeneration Partnership Limited
Objectives and Activities
Caledon Regenerab'on Partnefship makes funding applications in respect of and manages restoration projects with
regard to the conservation of listed buildings in Caledon and those deemed at risk on the BARNI register. We
promote and protect environmental heritage in the village and environment by monitoring planning applicab'ons, tree
protection orders etc. We organise exhibitions, lectures and working groups on the subject matter of history and
culture and raises funds and manage community Projects in order to improve the wellbeing, social welfare and build
community cohesion.
Projects
Work continues on the Village Plan for Caledon developed by CRP in partnership with the King's Foundation with
one of the significant opportunities identified lo address the restorats'on and repurposing of the building known as
Caledon Stores. The building is located al Bank Te￿ace in Caledon Co Tyrone and its proposed regenerat'on is led
by the village's established heritage organisation Caledon Regeneration Partnership ICRPI. The project will see
Caledon Stores restored and repurposed as a rural childcare lafter-schooll enterprise on the ground floor with two
affordable residential housing units located on the first floor. These proposed uses have been identified through a
feasibility study on the building and community consultalj'on, including with the exists'ng childcare provider based at
Caledon Woolstore who will operate this new enterprise as an extension of her existing business Caledon Daycare.
The proposed restoration follows on from the restoration of the Woolstore (20211 which was undertaken with support
from the Village Catalyst pilot scheme through Department for Agriculture, Environment and Rural Affairs {DAER41
and Department for Communities (Dfc) Historic Environment Division in addition to the National Lottery Heritage
Fund and Mid Ulster District Council.
With a SUC￿$$fUl childcare (now grown to 70 registrations from an initial 25 on opening) operating from the
Woolstore, demand has b￿n identified for provision of additional childcare in the fomi of an aftef-schoollhomework
facility in the village. Recognising Ihe importance of financial viability of any proposal, this will be complemented by
two affordable housing units which will be available for rentavlong temi lease, accommcrtjation also being identified
by the feasibility study as a need in the village.
The proposal has been developed in response to evidenced need from the existing childcare provider based in
Caledon Woolstore who is keen to expand their existing service provision to meet growing demand. Demand has
been identified for dedicated after-school space which will be relocated from the Woolstore to Caledon Stores and
will enable the freed up space at the Vvoolstore to be re-registered as an additional baby room, the existing room
being at full Capacity with a waiting list in pla￿. It is anticipated that the existing after-school registrations will
increase as pre-school children move into primary school education at local primary schools, further evidencing
demand for additional childcare Spa￿ and demonstrating the impact of Ic(ally available childcare on rural
communities.
Community consultation has been undertaken with local families which included a community survey while liaison
with Southem Health and Social Care Trust {SHSCT) will ensure regulatory compliance in relation to childcare
provision. The socioeconomic profile for the area has identified a need for child based services, almost one quarter
122010) of the catchment being aged under 14 years, higher than the Nl average while the privale rented housing
seGtor is greater than the Nl average, indicating demand for affordable housing in the Caledon area.
The proposed restoration has significant potential to contribute to policy goals at locallDistrict and
regional level, generating impacts in key areas including-
Rural heritage and conservation
Access to services to overcome rural isolation
Tackling rural povety through creating local employment
Supporting families and children
Promoting inclusion and community cohesion

Caledon Regeneration Partnership Limited
The proposal also ties in with the re￿ntlY updated Village Plan for Caledon, developed by CRP in partnership with
the King's Foundation. The promoters recognise the importance of linking with and adding value to Village Plan
proposals and better use of historic spaces and buildings, including those in the Mill Street area, has been identified
within the plan as ￿ntral to the sc(ial, economic and physical regeneratson of the village.
Dividends and transfers to reserves
In accordance with the Memorandum of Association no portion of the company's income may be paid by way of
dividend.
Financial Review and Reserves
The principal Sou[￿S of income are from grants, donations and rental income. The financial statements show a
surplus for the year of £600.
By order of the Trustees
Mr D J Brady
Director an
Date
rustee

Caledon Regeneration Partnership Limited
Statement of Directors, and Trustees, Responsibilities
The Directors and Tnjstees, are responsible ft)r preparing the DireGtors' and Trustees, Annual Report and the
Financial Statements in aGGo￿ance with the applicable law and United Kingdom Accounting Standards.
The law applicable to charities in Northem Ireland requires the trustees to prepare financial statements for each
financial year. Under that law the trustees have prepared the financial statements in accordance with Generally
Accepted Accounting Practi￿ in the United Kingdom (accounting stsndards issued by the Financial Reporting
Council in the UK, including Charities SORP IFRS102). Accounting and Reporting by Charities: Statements of
Recommended Practice applicable to Ghatities preparing their accounts in accordancè with the Financial Reporting
Standard applicable in the Uniled Kingdom and Republic of Ireland (FRS 102) and promulgated by the Instilute of
Chartered Accountants in the United Kingdom and United Kingdom Lawl. Under that law the trustees must not
approve the financial statements unless they are satisfied that they gtve a true and fair view ofthe state of the affairs
of the charity and of the statement of financial activities of the GhaTity for that period.
In prèparing these financial statements, the directors and trustees ara required to..
select suitable accounting poliGies and then apply the consistently,
Obser￿ the methods and principles in the Charibes SORP;
make judgements and estimates that a reasonable and prudent.,
state whether the application of accounting standards have been followed, subject to any material
departures disclosed and explained the Financial Statements.
prepare the Financial Stalements on the going concem basis unless it is inappropriaÈ to presume that the
charity will continue in operation.
The directors and trustees are responsible for keeping proper accounting records which disclose with reasonable
accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements
comply with the Charities Act (Northern Ireland) 2008 and the Charity (Accounts and Reports) Regulations (Northem
Ireland) 2008. They are also responsible for safeguarding the assets ofthe charity and hence for tsking reasonable
steps for the prevention and detection of fraud and other irregularities..
The directors and trustees are responsible for the maintenance and integrity of the Gorporate and financial
information included on the GhaTities website. Legislation in the United lfjngdom governing the preparation and
dissemination of financial statements may differfrom legislation in other jurisdictions.
Reporting Accountants
A resolution to re-apFrt)int the reporting accountants, Noel Conn and Company will be proposed at the annual
general meeting.
By Order of the bo
MrDJBra
Dlrector
Date
Trustee

Caledon Regeneration Partnership Limited
Independent accountants, report to the members of Caledon Regeneration
Partnership Limited
We report on the ￿)Unts for the year ended 29 Febfuary 2024 as set out on Pages 7- 14.
Respective responsibilities of Charity trustees and examiner
As the charity trustees land also the directors of the company for the purposes of company lawl you are responsible
for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. Having being
satisfied that the charity is nol subject to audit under company law, arKI is eligible for independent examinaknon, it is
our responsibilty to..
examine the accounts under section 65 of the Charities Act
follow the procedures laid down in the general Directions given by Charity Commission for Northem
Ireland under section 65{9}{b) of the Charib'es Act
state whether particular matters have come to our attention.
Basls of independent accountants, report
We have examined your charity accounts as required under section 65 of the Charities Act and our examination was
arried out in accordance with the general Directs"ons given by the Chanty Commission for Northern Ireland under
section 65{9)Ib) of the Charities Act. The examination included a rewew of the accounts'ng records kept by the
charity and a comparison of the accounts presented with those records. It also included consideration of any
unusual items or disclosures in the accounts, and S￿k1￿j explanats'ons from you as charity trustees conceming any
such Matters.
Our role is to stste whether any material matters have come to our attents'on giving us cause to believe..
That accounting records were not kept in &cordance seclion 386 of the Companies Act 2006
That the accounts do not accord with those ￿oUntIng records
That the &counts do nol comply with the ￿oUntIng requirements of section 396 of the Companies Act
2006 and with the methods and principles of the Charib'es Statement of Recommended Practice applicable
to charities preparing their accounts in acLordance with the Financial Reporting Standard applicable in the
UK and Republic of Ireland
That there is further infomabon needed for a proper understanding of the accounts to be reached.
We have completed our examination and have no COn￿mS in respect of the matters listed ab)ve and, in connection
with following the Directions of the Charity Commission for Northem Ireland, VR have found no matters that require
drawing to your attention.
Noel Conn & Company
Chartered Accountants & Registered Auditors
7 Seven Houses
English Street
Armagh
BT617LA
12 November 2024

Caledon Regeneration Partnership Limited
Statement of Financial Activities for the year ended 29 February 2024
Unrestricted
Funds
2024
Restricted
Funds
2024
Total
Funds
2024
Total
Funds
2023
Notes
Incomin
Resources..
Voluntary income
Grants Re￿]Ved
General Donations
Activities to Generate Funds
Rental Income
Hire of Rooms
Investment and Other Income
2,625
2,625
220
5,000
2,650
220
29,868
168
29,868
168
21,957
456
Total InGoming Resources
30,256
2,625
32,881
30,063
Resources Ex ended..
Charltable ActNities
Charitable Donations
Charitable Activities
Administration Costs
Establishment Costs
Olher Costs
850
650
1,280
850
650
15,733
14,628
420
1,572
12,017
13,434
2,467
29,490
14,453
14,628
687
{267)
2,513
Total Resources Expended
29,768
32,281
Net Incomel(Expenditure) for th8 year
11
488
112
600
573
Gross Transfers between funds
Net Incomel(Expenditure) for the year
(545)
(57)
545
657
600
573
Transfers inl{out) of Reserves
Reconciliation of Funds
Total funds brought forward
{2,272)
3,373
1,101
528
Total Funds to Cary Forward
(2,329
4,030
1,701
1,101
All amounts above relate to conlinuing operations of Ihe company.
The company has no recognised gains or losses other than those included in the results alK)ve and therefore no
separate ststernent of total recognised gains and losses has been presented.
There is no difference be￿een the defiGit on ordinary aclivities before taxalion and the surplus for the year stated
above and their historical c05t equivalents.

Caledon Regeneration Partnership Limited
Balance sheet at 29 February 2024
Employment of Capltal
Notes Unrestricted Restricted
Funds
Funds
2024
2024
Total
Funds
2024
Total
Funds
2023
Fixed Assets
Tangible Assets
1,127,307
1,127,307
1,139,326
Current Assets
Debtors and Prepayments
Cash at Bank and in Hand
1,824
859
1,824
1,874
7,500
11,588
1,015
2,683
Current Liabllltles
Bank Overdrafts
Creditors: Amounts due within one year
15,397
15,397
5.012
20,409
7,109
12,846
10
5,012
,012
15,397
Net Current Assets
(2,329)
(14,382)
(16,711)
(8671
Total Assets Less Current Liabilities
(2,329) 1,112,925
1,110,596
1,138,459
Provisions for Llabilities and Charges
Deferred Income - Capital Grants
11
1,108,895
1,108,895
1,137,358
Net Assets
2,329
4,030
1,701
1,101
Funds
Unrestricted Funds
Restricted Funds
13
13
(2,329)
4,030
1,701
For the financial year ended 29 February 2024 the company was èntitled to exemptlDn from audit under section 477
of the Companies Act 2006. No Member of the company has deposited a notice, pu￿uant lo seclion 476, requiring
an audit of these financial statements under th8 Companies AGt 2006.
Tho directors acknowledge their responsibilities for ensuring that the company keeps accounting records which
comply with section 386 of the Act and for preparing financial statements which give a ttue and fair view of the state
of affairs of the Gompany as at the end of the financial year and of its deficit for the financial year in accordance with
the requirements of seclions 394 and 395 and which otherwise comply with the requirements of the Companies Act
2006 relating to accounts, so far as applicable to the company.
These accounts have been prepared in acGordance with the sp8cial provisions applicable to companies subject to
the small companls regime within Part15 of the Companies act 2006.
The financial ststements have been approved by the b
and authDrised far issue on 12 November 2024.
(2,272)
3,373
1,101
MrDJB
Casey
Secretarytrruste
Direct
ITrustee

Caledon Regeneration Partnership Limited
10
Notes to the financial statements for the year ended 29 February 2024
Principal accounting policies
The financial statements have been prepared in accordance with applicab￿ Accounting Standards. A summary
of the mre important accounting policies is set out below.
Basis of accounting
The financial statements are prepared in accordance with the historical cost convention.
Incoming resources
Voluntary income or capital is included in the Statement of Financial Activities when the charity is legally entilled
to it, its financial value can be quantified with reasonable certainty and there is reasonable certainty of its
ultimate receipl. Entitlement to legacies is considered established when the charity has been notified of
distribution to be made by the executors. Income received in advance of due perfomance under a contract is
accounted for as deferred income until eamed. Grants for activities are recognised as income when the related
conditions for legal entitlement have been met. All other income is accounted for on an accrual basis.
Resources Expended
All resources expended are accounted for on an accrual basis. Charitable activibes include costs of services and
grants, support costs and depreciation on related assets. Costs of generating funds similarly include fundraising
activities. Non -staff costs not attributed to one category of activity are allocated or apportioned pro-rat to the
staffing of the relevant seNice. Finance, HR and administrative staff costs are directly attributable to individual
activities by objective. Governance costs are those associated with constitutional and statutory requirements.
Restricted Funds
Restricted funds are accounted for in accordance with the particular lernis of trust arising from the express or
Implied wishes of the donors In so far as these are intended to be binding on the charity. Where such wishes are
not intended to be binding, they are taken into account and recognised in appropriately designaled funds.
Unrestricted Free ReseNes
Free ReseNes represent amount which are expendable at the discretion of the trustees in furtherance of the
objects'ves of the charity and which have not been designated for any other purpose. Such funds may be held in
order to finance working capital or capital expenditure.
Tangible fixed assets
Depreciation is calculated so as to write off the cost of tangible fixed assets less their estimated residual values,
over the expected useful economic lives of the assets con￿rned. The principal annual rates and bases used for
this purpose a￿.. -
Freehold land and buildings
Caledon Beam Engine
The Wool Store
Straight Line Basis
Straight Line Basis
Straight Line Basis

Caledon Regeneration Partnership Limited
11
Government grants
Grants that relate to specific capital expenditure are treated as deferred income, which is then credited to the
profit and loss account over the related asset's useful life. Revenue grants are credited to the profit and loss
account in the same Feriod as the related expenditure is incurred,
2. Grants Received
Grants Recelved
Unrestricted Restricted
2024
2024
Total
2024
Total
2023
Community Revenue Grant- MUDC
2,625
2,625
2,625
2,625
5,000
5,000
3. Charitable Donations
Unrestricted Restricted
2024
2024
Total
2024
Total
2023
Donations
850
850
850
850
4. Charitable Activities
Unrestricted Restricted
2024
2024
Total
2024
Total
2023
Christmas Festive Costs
650
650
650
650
1,572
1,572
5. Administration Costs
Unrestricted Restricted
2024
2024
Total
2024
Total
2023
Salaries and Wages
CRP Grant Repaid
Accountancy
Advertising
Telephone and Postage
ststionery and Advertising
Equipment
Cleaning
Computer Equipment
General Expenses
11,514
11,514
7,636
828
940
687
974
40
965
965
941
103
941
103
1,280
1,280
274
166
700
14,453
166
700
15,733
638
12,017
1,280

Caledon Regeneration Partnership Limited
12
6. Establishment Costs
Unrestricted Restricted
2024
2024
Total
2024
Total
2023
Insurance
Water Rates
Heat and Light
Repairs
3,925
650
8,288
1,765
14,628
3,925
650
8,288
1,765
14,628
3,216
367
7,095
2,756
13,434
7. Other Costs
Unrestricted Restricted
2024
2024
Total
2024
Total
2023
Bank Charges
DepreciationlAmortisation
687
687
(267)
420
3,058
1591}
2,467
(2671
(267>
687
8. Tangible fixed assets
Freehold
Property
Caledon
Beam Engine
The Wool
Store
Total
Cost
At1 March 2023
Additions
Disposals
At 29 February 2024
523,267
216,531
653,817
16,177
1,393,615
16,177
523,267
216,531
669,994
1,409,792
Depreciation
At 1 March 2023
Charge
Disposals
At 29 February 2024
187,186
10,465
42,696
4,331
24,407
13,400
254,289
28,196
197,651
47,027
37,807
282,485
Net Book Value
At 29 February 2024
325,616
169,504
632,187
1,127,307
At 28 February 2023
336,081
173,835
629,410
1,139,326

Caledon Regeneration Partnership Limited
q3
9. Debtors and Prepayments
2024
2023
Trade Debtors
Capital Grant Debtor
1,824
7,500
7,500
1,824
10. Creditors: amounts falling due within one year
2024
2023
Accruals
VAT
3,550
1,462
5,012
12,645
201
12,846
11. Deferred income
2024
2023
Capltsl Grants
At1 March 2023
Received and Receivable
Amortisation in the year
At 29 February 2024
1,137,358
1,071,779
94,042
(28,463)
1,137,358
(28,463)
1,108,895
12. Taxation
2024
2023
United Kingdom corpoiation tax @190
Current
13. Movement in Funds
Atthe
Movement Transfers
0110312023 In Funds
Inl(out)
Transfers
At the
In Funds 2910212024
Unrestrfcted Funds
General Fund
(2,272)
{545)
(2,329)
Restrictsd Funds
ResttiGted Funds
3,373
112
545
4030
Total Funds
1,101
600
1,701

Caledon Regeneration Partnership Limited
14
1& Net Movement in Funds, included in the above are follows:
Resources Expended
in Funds
Unrestricted Funds
General Fund
3D,256
(29,768)
488
Restricted Funds
Restricted
2,625
(2,513)
112
Totsl Funds
32,881
(32,281)
600
15. Employee Information
2024
Number
2023
Number
Employee Numbers
2024
2023
Staff costs (for the above persons):
Wages and salaries
Social Security
11,514
7,636
11,514
7,636
16. Trustees, Remuneration and Benefits
No trustee received any remuneration during the year ended 29 February 2024 (2023 -Nill.
No Trustee reGeived any reimbursernent for approved expenses incurred in connection wilh the charity.