SPRINGFIELD CHARITABLE ASSOCLATION
LIMITED
Trustees, Report
FOR THE YEAR ENDED 31 MARCH 2023
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with
the financial statemet)t$ of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of
Accounting and Reporting by Charities: Statement of Recommended Practice applicable to ¢harAties preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
(effective l January 2019).
OBJECTIVES AND AcfiviTIES
Objective5 and aims
The principal a¢tivity of the company continued to be the provision of support, care and advice to help social inclusion
primarily in the area of West Belfast, The company achieved it's obj¢¢tives by providing day ¢are support to elderly
people* providing 5pe¢ialist advice through it's advice centre and by the operation of its charitable shops.
Publlc benefit
The Trustees of Springfield Charitable Association have fully Complied with the Publi¢ Benefit requirements as set out
in the Charity Commission for Northern Ireland's statutory guidan¢¢ on public benefit.
Springfield Charitable Association aims to improve the quality of life for those living in the district of Springfield by
providing the folIowing;
- Advice centre
Second hand retail outlets
- Volunteer prO￿ammeS
Day centre activtti¢s for older people
Social Isolation can be found in people of all ages, regions, countries and societies. Equal access to services is important
and Springfield Charitable Association Limited has an equ81 opportunities policy and diversity Statement which ensures
that it has a culture of equal access to its services regardless of disability, gender, reIigious belief or sexual orientation.
The trus*¢s believe equal access to its services is vital to its success, and that successful outcomes must be shared by all
communities that use its s¢rYi¢es,
STRATEGIC REPORT
Aehievement and performance
Through its day care, Tetail and advice activities the company has performed well and contrlbuted both fmanciaIly and
socially to its local environment, The impacts of the Coronavirus pandemic continued to affect th¢ charity's
achievements, however its perforniance in the current year has been in Ilne wtth the the objectives set by the trustees.
Financial review
Vinancial positlon
The ¢harity's fmancial position is reviewed on a monthly basis by the board, Tb¢ charity has an &Twual audit perfomied
by an ext¢mal auditor. The ¢harity income for the 2023 year was £480,022 (2022 - £526,879) and the expenditure was
£524,405 (2022 - £511,507). The charity also benefited from a write down on its loan owed to a related paty charity
Springfield Charitable Developments Lid, which in turn results in a surplus of £l55.617 in the year.
Net assets at the year end have increased from £1,018,787 to total £1,174,404 at the year end.
Princlpal funding sources
The principal funding sources for the charity are currently by way of grant income as set out in note 2 in the account5
together with shop and other Charitable aclivity income as detailed in note 3.
Investment policy and obj¢ctives
A clear objective is, when posstble, to put operating surpluses into reserves each year, however tbis has proved difficult
in th¢ past few years. Having considered the optAons available, the Trustees have decided that any reserve5 should be
invested in secure bank deposits. The Trustees consid¢r ihe overall retyrn on deposit accounts to be disappointing, but
are not willing to place valuable resources into riskier investments,

SPRINGFIELD CHARITABLE ASSOCIATION
LIMITED
Trusteesl Report
FOR THK YEAR ENDED 31 MARCH 2023
STRATEGIC REPORT
Financial review
Reserves policy
The trustees reco￿lse that it is ne¢¢ssary to hold reserves in ord¢r to offset the effects of fluctuation on incoming
resources and thereby secure the continued viability of the Charity beyond the immediate future. In keeping with good
a¢countancy practi¢¢, it is the aim of the charity to hold free reserves which equate to three monlhs operating costs. In
conjunction with its related charity, Springfleld Charitable Developments Ltd, the free reserves exceed three months
operating costs.
Future plans
The company intends to continue its socio-economic development through the continued provision of support, care and
advÉce to the area, The company bas ¢oJnpleted the renovation of the premises at CupaT Street which were bought by
Sprsngfield Charitable Developments Ltd, a company with common trustees, It is intended that these premises will be
used to continue to develop its services to the community goiug forward.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing doeument
Springfield Charitable Association is a company limited by guarantee which was incorporated on 25th February 1982. It
wa5 registered as a charity with the Nl Charity Commission as from 19th June 2015.
Recruitment and appointment of new trustees
Due to the nature of the charity's work the trustees seek to ensure that these needs are appropriately refle¢ted through the
diversity of the trustee body. To enhance the potential pool, trustees are requested to provide a list of their skills (and
update it each year) and in the event of particular skills lacking or being lost due to retirement, individuals are
approached to offtr themselves for election.
Organisalional structure
The company is governed by a Board of Trustees which operates as detailed in the company's governing document, the
Memorandum and Articles of Association.
The trustees are directly responsible for the day to day management of the charity and they meet on a monthly basis to
review all aspects of the ¢harity. The committee is made up of a number of both long serving and more recent members
with a shared vision, commiÉmen¢ and passion for achieving the objective5 of the orgatjisation. Members come with a
range of skills crucial to the management of the organisation.
To facilitate effective operations, the board has delegated authority of operational matters 5u¢h as fmance, employment
and the delivery of its training objc¢tives to the charity's senior mhn&gers.
Induction and trainlng of new trustees
New Trustees are briefed on Iheir legal obligatkoll5 under charity and company law, th¢ content of the Memorandum and
Articles of Association, the committee and decision making processes, the business plan and recent fman¢ial
perfonnan¢e of the charity, They meet key employees and other Trustees. The Trustees and management committee are
encouraged to attend appropriate extemal training events where these will facilitate th¢ undertaking of their role.
Key management Yemuneratlon
The setting of the pay and remuneration of the key management personnel is delegated to the Remuneration Committee,
made up of several trustees,
Related partles
The charity is r¢lated to another charity namely Springfield Charit&ble Developments Ltd in that they have common
trustees and the propety used by this charity is owned by Springfield Charitable Developments Ltd.
REFKRENCE AND ADMINISTRATIVE DETAIIS
Reglstered Company number
N1O15556 INorthem Irelalld)

SPRINGFIELD CHARITABLE ASSOCIATION
LIMITED
Trustees, Report
FOR THE YEAR ENDXD 31 MARCH 2023
Reglstered Charlty number
102202
Registered office
27 Clonard Crescent
Belfast
Antrim
BT13 2QN
Trustees
V Davidson
C Canavan
M Flynn (resigned 11412023)
A JolLUSton
G Kelly (resigned 5112f2022)
T Kernaghan (appointed 4no022)
B McGralh
T Meehan (resigned 511212022)
J Sweeney
MTS C Rodger5 (appointed 511212022)
G Kelly (appointed 151612023)
Company Secretary
B McGrath
Auditor8
M.B.Mc Grady & Co
Chartered Accountants
Statutory Auditors
Rathmore House
52 St Patricks Avenue
Downpatrick
Co. Down
BT30 6DS
Bankers
Bank of Ireland
202 Andersonstown Road
Belfast
BTI19EB
Solicitors
Ferguson & Co
Causeway Tower
9 James Street South
Belfast
BT2 8DN
TRUSTII ESI RESPONSIBILITY STATEMENT
The trustees (who are also the directors of Springfield Charitable Association Limited for the purposes of company law)
are responsible for preparing th¢ Trustees, Report and the fmancial statements in accordance with applicable law and
United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

SPRINGFIELD CHARITABLE ASSOCIATION
LIMITED
Trustees, Report
VOR THE YEAR ENDED 31 MARCH 2023
TRUSTEEI S, RESPONSIBILITY STATEMENT - continued
Company law requires the trustees to prepare financial statements for each f]nancial year wbich give a true and fair view
of the slate of affairs of the charitable Company and of the in¢oming resources and applt¢ation of resources, including
the inctTrme and expenditure, of the charitable company for that period. In preparing those f￿ancial slatem¢nts, the
tNstees are required to
select suitable a¢counting policies and then apply them consistently.
observe the methods and principles in the Charity SOBP;
make judgements and estimates that are reasonable and prudent.
state whether applicable accounting standards have been followed, subject to any material departures disclosed and
explained in the ftnancial statements.
prepare the fulancial statements on the going concern basis unless it 15 inappropriat¢ to presume that the charitable
company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accurary at any time
the fman¢ial position of the ¢haritable company and to enable them to ensure that the fwan¢ial stal¢ments comply with
the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for
taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware:
there is no relevant audit inforniation of which tIL¢ charitable company's auditors are unaware. and
the trustees have taken all steps that they ought to have taken to make themselves aware of any relevallt audit
infornlation and to establish that the auditors are aware of that infonnation,
Auditor
Each of the persons who is a trustee at the date of approval of this report Confms that:
so far as they are awar¢, there is no relevant audit infonnation of whicb the Charitys auditor is unaware of. and
they have taken all steps that they ought to have taken as a trustee to make themselves aw8re of any relevant audit
information and to estabIish that the charity's auditor is aware of that infonnation.
Small company provlslons
This Teport has been prepared in a¢cordan¢e with the provisions applicable to cornpanies entitled to the small ¢ompanies
exemption.
AUDrroRS
The auditors, M.B.Mc Grady & Co, will be proposed for re-appointment at the forthcoming Annual General Meeting.
Trustees, report, incorporating a strategic report, approved by order of the board of trustees, as the company directors,
on 17 August 2023 and signed on the board's behalf by,.
B McGrath - Secretary