Loughgilly Together Residents Association
Trustee Annual Report 2018/19
Contents
Introduction ............................................................................................ 3 Legalities ................................................................................................ 4 Constitution and Purpose ......................................................................... 5 Trustee Appointments .............................................................................. 5 Main Activities to Further Public Benefit ................................................. 6 Review of Public Benefit Outcomes 2015-2016 ............................................ 7 Review of the Financial Position at the end of the Year ................................. 8
Introduction
This is Loughgilly Together Resident’s Association Trustee Annual Report as required by the Charity Commission NI.
This relates to the financial year 1st April 2018 to 31st March 2019. This document has been prepared based on guidance provided by the Charity Commission and trustees have had regard to the Commission’s Public benefit requirement statutory guidance.
Signed on behalf of Trustees:
Alvin Wallace Chair
Legalities
The company is registered as a charity in the name of Loughgilly Together Residents Association.
Loughgilly Together Residents Association is registered with the Charity Commission NI under the number NIC101340. The Company principal address and the address of its registered office is: - 16-17 Neills Villas Loughgilly Co.Armagh BT60 2DX
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Trustee Names Office (if On 26th Served During
applicable) January 2020 2018/2019
Ms Dawn Wallace Vice Secretary Y Y
Mr Alvin Wallace Chair Y Y
Mr Robert Treasurer Y Y
McCullough
Mr Edward McKinley N Y
Mrs Elizabeth N Y
McKinley
Mr William Baines N Y
Mr Jon Tait Secretary Y Y
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Constitution and Purpose
Loughgilly Together Residents Association is a community organisation selfgoverned by a constitution this outlines the structure and rules around how the group is organised and run.
Loughgilly Together Residents Association works for the public benefit’ and has the following characteristics outlined in the constitution:
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Self-governing and independent from any other organisation. Voluntary and Community groups are free to appoint their own management committee
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Not for Profit – no-one within the group will profit from that group. It is run by volunteers who can be reimbursed for volunteer expenses but apart from that any profits made must be reinvested in the group
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Public/Community Benefit – the activities carried out by the group will benefit a particular group of people within the community
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Funding – voluntary and community groups can apply for funding to get their group started and help with developing their activities
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Generating Income – multiple ways to generate income such as donations, fundraising.
Trustee Appointments
Applicants submit an expression of interest for membership of Loughgilly Together Residents Association and submit that for approval by the existing Trustees.
Once this is approved, a member can put forward his or her name as a nominee to become a Trustee by election at an Annual General Meeting, or in exceptional circumstances, the Trustees may decide to co-opt a member as a Trustee.
Main Activities to Further Public Benefit
Summary of the objects of the charity set out in its governing document
Loughilly Together Residents Association is established to
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Relieve poverty, sickness and the aged and to promote the benefit of the inhabitants of the Loughgilly and district of Co.Armagh abnd its environs without distinction of age, gender, race, political, religious or other opinion, by associating the statuatory authorities, voluntary organisation and inhabitants in a common effort to advance education, and to provide facilities in the interests of social welfare for recreation or other leisuretime occupation, with the object of improving the conditions of life for the said inhabitants.
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To establish and secure the community centre whilst cooperating with local statutory authority in the maintainance and management of such a centre for activities promoted by the association and its constituent bodies.
Review of Public Benefit Outcomes 2018-2019
Summary of the main activities undertaken for the public benefit in relation to these objects.
Loughgilly Together Residents Association can confirm the trustees have had regard to the Charity Commission’s guidance on public benefit.
Throughout the year we held various community events including fun days and activity evenings. This was in line with our objective to provide facilities in the interests of social welfare for recreation or other leisure-time occupation
Review of the Financial Position at the end of the Year
The financial statements year ended 31 March 2019 are prepared under FRS102 – the Financial Reporting Standard applicable in the UK and Republic of Ireland.
The year ended with a £609 deficit. Income was down significantly on 2018 and overall expenses increased. This is due to essential fire safety equipment being purchased and less fundraising activities scheduled.
In addition to fundraising, the development of new services appears to be the future for attracting more funding as well as becoming more self-sufficient with activities being held.
Reserves Policy
To maintain a level of cash reserves to meet current liabilities in the event of a catastrophe and support running costs.
To sustain Loughgilly Together Residents Association and enable the organisation to achieve its aims and objectives