Tir an Communi Association Re ort of the Trustees for the Year Ended 31 Januar 2024 The trustees who are also directors of the Gharity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 January 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims Tirgan Community Assoc provide a wide range of services for the rural inhabitants of Tirgan and the surrounding area, to improve the quality of life and increase the skills and activity of all age groups whilst adhering to Section 75 of the Northern Act 1998. Public beneflt The Association owns and manages a community hall based in Tirgan. The newly built hall offers the rural area of Tirgan and district a fantastic amenity site to help the local community develop, engage and encourage citlzenship across a wide range of activities and recreational functions. The broad range of activities such as Youth Club, Arts & Crafts, Hill walks, Health & Safety Courses,Te8 & Dances, Keep fit, Hall hire etc help to educate and promote interaction amongst the communlty, across all religious and social backgrounds. Tirgan Community has recently been awarded The William Keown Trust in recognitlon of the contribution to an accessible, user friendly environment and our honorary Chairperson has also been recently awarded for their contribution to the local community. This year we increased our hall lettings, we held additional fundraising nights such as the Abba Tribute Night and undertook our annual hill walk and the big breakfast fundraiser. All were well attended and helped to raise much needed funds.. There continues to be no private gain to any individual member. In setting our objectives and planning our activities for the year the trustees have given careful consideration to the Charity Commission for Northern Ireland's guidance on public benefit to ensure that the activities have helped to achieve the charity's purposes and provide a benefit to the beneficigrig9. FINANCIAL REWEW Financial posltion Nett deficit for the year was £3,738. (Nett surplus £655 31101123). Total ndS at the year end were £180,559. (£184,297 31.1.23). Performance model used to account for grants. A management charge to our connected social club (Tirgan Recre8tional & Social Club) and interest on loans provided to them are shown as other income on the SOFA. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. Page 1
Tir an Communi Association Re ort of the Trustees for the Year Ended 31 Janua 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Organlsational structure The management committee of Tirgan Community Association administers the charity. Monthly meetings are held to discuss ongoing projects, finances and other issues. Risk management The trustees have a duty to ident.fy and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. This is malntained by the committee with a formal risk strategy, with potential risks and threats considared at the monthly meeting. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Company number N1601796 (Northern Ireland) Reglstered Charlty number 101635 Reglstered off Ice 36 Tirgan Road Moneymore Magherafelt Co. Derry BT45 7RX Trustees E ThrtcGovern (resigned 1.3.24) P McGovern H l O, Neill P O, Neill Company Secretary Ind•pondont Examinor W McGlllian W MCGILLIAN & CO LTD Unit A2, Workspace 5-7 Tobermore Road Draperstown Derry BT45 7AG Sollcitors O, Kane Boyle 51 St. Patricks Street Draperstown Co.Derry BT45 7AJ Page 2
Tir an Communi AssociaÉion ort of the Trustees for the Year Ended 31 Janua 2024 REFERENCE AND ADMINISTRATIVE DETAILS Bankers Bank of Ireland 21 St. Patricks Stre8t Draperstown Magherafelt Approved by order of the board of trustees on behalf and signed on its McGovern - Tru tee Page 3