2020-03-30-annual-report

Company Registration Number- N1020058 The Charity Registration Number is . NIC102246 Newry & Mourne Co-operative Limited Report and Accounts 31 March 2020

Newry & Moume Co-operative Limited Report and a¢counts for the pèriod ended 31st Mar¢h 2020 Contents Page Board of directoi's Annual Report Independent auditors. report Funds Statements.'_ statement of Flnancial Activities ststement of total re¢Dgnised gains and losses Movements in funds Income and expenditure account 8-9 10-11 12 13 14 Balance sheet Notes to the accounts 15 16-26

Npwry & Mourn? Co-oper&tivÈ Dmited R•gjstered C¢mPAny Thum￿r..- NI2DQ5B Directors. Annual Report forth8 yOaT ended 31 March 2020 Tho Dlieciots pIpsollt th￿r Report9 And fDr yew eThled 31$1 March 2020. ￿ch also compri$es th& DIr8C￿ Rpport. Reftrrence and admlnb8trative detsils Cwperaove oporates in tr•land and 15 rnpiyteredwth Charity C¢mm155knn Northani lrnland. rtyi$trèlon nutnb8rNIC102246 Mwme CooperAtNe LitnilEd i54 wpanyllmited byguarAntè•. Enlerprku House WN B￿￿$8 Park Can21 Quty Newry Co. D¢Avn 8T35 6PH JDth Mac11atr￿n RoThan D¥￿Y HLV OWHY Kevin WOI GDthnCoffti Fr4nkThDr Th• dif4dorssYho sarygd as Olrectots In RpDthn9 PUriDd￿r¢ abovo.

Newry & Mourn¢ Co-operatlve Limi¢ed R￿g￿tsred ¢ompAny numb8r.'- Nt2005B D1￿CtOrs. Amnual Report forth& year ended 31 Mar¢h 2020 Objects and a¢Uviiies of the charlty T￿epU￿OSeS ofth? thayTtyasset Dutin itsgovernlng documèrt Nèwry& Gwperalbts tsffeT5 avarietyoflndusliial and tsffic@ ￿￿ts fDr renton tsvourabl• tèrrn9 8tth8 main WIN Buslness Patk and In Bu51np$5 Pèrkg Iixatsd iThWarnnpolnL Kilk￿1 and Fo￿bill. A rat¥J8 of Offi¢8 SeryKks can bB provid?d lo both business and communityand voluntaryorpanlsatlons and number ol¢onlerènce. me¥ting training oms arEaV8il8b￿ foi hi￿. Advi%Oty%uppDrtfurthB unemploygd. PryJSP9dve Èntrppreneurs end SMES is &vailable. ThB C￿p￿r#￿e offern 2 Mn92 ofbusin?ss $lart-up. buSiThtrSS and Innoval￿n In¢ludlng 8usithS$ Skt-up, Ent•iprts•. Bus￿)￿$ tsThth. thg Social Entreprgneurshlp PrOgmMMèa￿ th@ EU Lgonardo and Erasmus Plu8translUoro1 SMEar IgheredupAtiDn InnDvallon aDd Employability￿178Thtté ProgratnmBs. These PTtyr8mM+ st $upplem&ntsd tybuSinESS dinics. advicè 2Trd mentOringTr assi%tancewEth work P￿CeMenLI an opportunhifrg tD nètwofkwth Dth8rbus￿7?SS DvmeTS. ThE Co-opEralive Bo manages tWD pmgtsrnmes-WOrk4Uplus Educaloo ty EmpknÈnt-foryouThg Peop￿ who endure a¢kn￿ty1n theifiivÈS and4r@ w￿ldered"911￿k.O1bÈe￿nI[Y dis2ngagpd from edutr4bOn. ?mpbyment and tra￿TrIng. ¢TrDperdli¥e eoniributeslo d￿&bPm$￿t ot both ￿ntral ar￿ wvettment le￿19nd sponsord acbvibesooani%d bypytri wmmuntyassoc&?bors and othèr NGOS_ e main attivrfies undertaken inrelatton lo tlwe purposes duriny thèyoar. rw overnding Obje￿Ne Df Newryand Mourne ¢0￿pe￿b¥e ￿rnited isto wotk forthe bpnefiiol IDcal Community. Ltmpanypn)vides both progrèmmes qvalitytscilibe$ for Ihe use of ?11 sgcknorts olsM&tytrom PrÈ-sthoDI. school age. wung adults. pensionBrs. the business comrnunity. Soc4el ecofttsmys2thra￿ IhDse involved In thè arL¥tsr. Current PrDgrammes and ugersoflhetsci￿fy Inclthle:. I. SDcpal EconomyProgrydmme- Thi5 progtamm&w¢rtsw5th a ian9801group8Mrythln th2 econornysector. kprowde5 a range of ￿lneSS5￿PPOrtènd ÈSSiStsnt8 to nmunitygroup510 becomè more ¥8W-SU￿¥lnlty end commeruAI￿ aware. m￿Yof the groups Dn thé pwramm V￿m9￿￿￿WorkIllg￿1th thild￿. per￿￿￿e￿%.￿Os8 ¥uffEnng from ¢epressionorm•ntsi hèalth i%suas. Some uflhp groups Will ètso th¥ a5 CeDtred Soul. finwle and th@ R8mry¢ollege. 2. EducalKm its ErnploirynpntPFDgrnmme-ThiS progr2mmÈ wofkgwilh ￿￿31 PrI￿ryand s￿ond&ry$￿)￿￿ in thE NBishbouthNd RenA arta. Itprovid85 computerwogRmme skil. rweersfalr9 andwotkp8mgnts br pupS1s to he￿ Inftsrm thpirdecl5￿ on a fvknrecareei. 3. Work4V ProgrdMm-Thi5 pwrnmm? wortsvdith scknl ÈPBd child[EnW￿ arp xwrièTr¢ing drflcutt*s in mFAllStr8am edu¢dlion or havè been exdudÈdfvom sthDol. The prDyr?mmeworks in conjurthDn wlththé to offertha pa(bCipants 0PPDtknn￿￿S exp1tyedirfe￿nt job5, S8lf4Mptynenland¥oluoteefing Ihnuph afango of 8v8ntsand vesslons.

Newry & Moume Co-operative ￿Mited Registsrpd cvmpany number.. N120058 Dlr8¢tors' Annual Report forthe ypar èndod 31 March 2020 Extsmal Groups uSiThJ thef¥dFIV25 * WIN BuSitLes5 Pa 4. Th&Ark Projec-Thw a proigd th3lby)thswith sp9c¢I neèd$ and thFymegtat WIN Businp58 Perk onA lo provide activibES and Dffer some ￿sPite ￿ par8nts. S. Newry F81¥ Commititte-￿ vuluDkryFeis Mmmittèèp&n ￿e￿9rDn0 ofth mogt $utc8sslul feslNaL41Th IrdÈnd andth8y use the fa¢ifittesfDrth81rrggu￿T ￿anning￿l￿t5 and Gllmmitsa meeiings. T￿ fèi involves Peop￿ o12118pps and 2bilibe$ invO￿d inspEech and drama. rn￿1¢ and dance. S. N￿ry & Di%tnctAnglprsAsso¢rdlon-Th8 y￿￿￿￿rya$So¢￿titin meeton a r8￿1￿rba￿s a$4 ctmmittÈè loovgTrea thp rn3n8pèmèThtof kncal lakgs and thè tssuiw tsf 7. mèi9hb￿rhU0d RenewalGrnup8-ThE commun1ty￿0¢lat￿ftS in thE arè8 makE us&of the r4oms for a variètyof wrp05e$105upporf thèlrcornmun￿eS. Trse are ?Im9d al youNJ Pè0p￿.W0men and wnsionersandth(Fp groups. ￿￿e1yeSt￿Oft mmuThityAsswallon. B£lfykntCDmmunityAs$op2tion snd th& G￿￿ Unenh￿l Community Associalron are regular ￿sE[s Dftre facli itles. Th• main a¢b￿tIeS undwt•ken durrry ttseyw to lurtlwihe chaN"ty¥ p￿pos• for thepJthli¢ bnefiL Cil Thè Gt8attonof empknyrnent, Iralnln9sndwork &xporience opporttsnthEs fDrresidBnts Nwng In ec0￿M￿TrY3￿d socI?ltydpprfvedai& and can6equenUya ￿UCtiOn Tr) LThmpbymgnl#nd firtarrial hyidshio, ￿adIng1¢ a be￿er ouafity llf fvtorthe benefickTres aAO(nsE9Ugnt impft￿&rnents In heahlandwe114)eing. lill krvjwledge dboutBÈttr￿ smell businessÈs and ¥odalen1e￿rfSes in incrga5ed levd9 olsK4mpioyDentond betterpro3pttts ofsU¥tain8blE d&ve￿￿Trenl fiiil fftreased of kr￿￿l￿d9 8ndtronsf?rHbl?voc4tional $ki1b exprerEnce treinees. a$gistiry U&31SDnofA morfred￿. $kiW qu01th￿d community. IrilA9reater sense among ￿rfiCia￿e$ of a Th)ie fumlknd and purrx)siful Iw8s. r?$￿Ing fer, mre5taband cohesNe commynty. Ivl I￿re05¢d potèndal tsrinnDvJbon and prokw. creAbnya Tnore wosperouts soclety. Iwl Improved So0￿1&na $nYwrJnmentsl Co￿[10n$ a9 8 ￿Sum01 wmmunityr￿ew& and ￿nera￿Tr IèAfinyto a betterqu￿￿Of lrfe forthe inh8biU9fflts. The ￿nefiC￿lIes è the general pubne. Th￿& bpn8fits c4n be evidertsd in reco￿ kgpt inrfyrnalty and DyPUt4iC sector agencies olthe nurnbgrol job5and work èxp•ri•ntè tsppothnitiBs ¢r9aled and tha numbers ofthDsewhu haVp¥uce$sl￿￿cOrnpthd training Boursgs. E¥￿enCe Can akn bo fou in internal ènd independent gvalvJlions ofthe8ebv￿e5 and Imp&ct ollhewoth otlhe Co- Owraow. community of INiry srandèrds attitUd85 atNI fvedba¢k from the benficiaries and frorn communKtyand voluniaryo',gÈnu%ations th?Ihavg been ag5i51ed. Some PipAte bEn8fi1 is obb1ned by Iheownets of $mAII buglngssesNtho rom unttson fBvtrurydOIty iemis. but is anTrllary tolhe m&n puTgose and is gwYyouhvevJhed bythe92ins in publit bÈThÈfrt. M) Ngrmarisos trom these purpuse&

Newry & Mourne Co.opÈratlve Llmtt8d Rgg15tered cvmpany number... Nf20058 Dir8¢tors' Annual Report forthe yearended 31 March 2020 Resources used in Il actMWes undertaken d￿rty thB year Jlthp prryrarnmes undeikkendvriry delivered from WTr1 Bushiess Park in ThE main achlevements antl perfDrmance ol th• charity durtng the year. IncT8asgd partmpatlonoft all pwarnr Inwased links wlth local SCnOOL% Nsw u5&1grwps WIN Bu$inss$ Park ￿￿jh1oVe1Qf£tib£IÈchDnN￿th th&facilibes a￿l￿b So¢￿1 EconoMyPmgramme Educthnlo Empbym?nÉ Work4U Plus 45 organi%alons and 135 Individu￿5 9 bcol Schools and 100D+ pupils 63 parkip3nts 14 tummunitygfQUPi 165 Ir￿r¥id￿￿ts becomin05e￿8rnP]llvd 27vJufttsryory￿0t0￿s wlnpthef2thIbes N&phbourtLood R@ngtw¥lgroups businessès Vo￿n1ryorgah￿Orn8 77Je d6yr8e to whN¢h thp achievements andpertarmtrn￿ duriftg theyearhave benefitwlwidèrsociety. NMyaThJ Wurr UmtiEd adlvptyengaged Itho￿r 1,0th) Parb¢ipants over ihe laslyear. Tr tornpany has also prDrnot9d a collAboratrth apptLwh hav9wDrkgd￿￿n Newry. Moume & Down Countil EThterprsg Down Businegs Centre Communfoes Local Schoo NewCtr*mbsrofComrnei PSNI NÉwry

NO￿ & Mourn¢ Co•poratlve Limited RgbStsred comyny TrwhbEr.- N12005B Directors. Annual RtPDrt forth8 yoar ended 31 March 2020 Structure. governanc? and management ofthe charity Th& charity is Mana￿ by a Bo8￿ 01vol￿tary DirecwsMthD are invite¢ onto the du¥to thoir￿￿ue olskilLsand QKpethe. Annualtyan audit 1$ Car[￿ oulof the skilL mlx Ind gap5are laettt￿1eo. Newry& Motsme Cotspgrgtr￿ $ Mana￿ bYa￿￿tTrne Exe¢utrwe team who reporttothe Boa on a b1-month￿ba￿ls viatho Booro meetity bDth ￿ peEon ar￿Nn8￿ritten report%as reouired. A tu1lfinanc￿R ￿port ig subrnlttgd * each mÈÈbn9. Tho tharitys relatlgnshyps with relatedparties Benkèrs Suli¢itors utsterBank Limited Hill StrEetNv DND LÈ4vSoii￿t0￿ Newry FinanGlal revlew Th¢ ¢hity& financialposilion atthe end of theye8remled31 March 2020 thariws fironTr￿ posytion at thè ￿Or￿n￿d 31st 2020 242D Z019 Nel 19.04T 6853T LD￿ ¢apSts1 .D19 983 UhrEStr￿td F¢ev&nuo Funds aval￿b￿ for purposeB ofthe chariiy TDtsI Funds B70J4e S$1￿65 Firtanclalrnvlewof the pos￿0￿ at thp reportinsy date. 31 March 2020. Dit$(aors￿rb5￿Y￿rlhe￿naThtra1 psrfyrrn?ncè bythechariiyduring th¥ yearlo been sabsfadoryand rthe the $he8d fDrth&comin9 yÈarthth urefvl managempnt and Cons￿￿￿￿On. Policie$ ￿serve The Diredots COnsideritimpDknllo retsin 9tr0n9 r•gan￿St94Il￿ the charityitropèrydte in ¥ ¢ons12Trtychnoing&nd often ￿lffiCulteRvImMÈTrl. AtpresgThl the cornpany is conisntwlth V levèl of te&ÈN8s hpld. Th COM￿ny¥￿711 pnd8avourto m2intsin the eoV￿1Entto4 Mon￿5 ofits lot81 iTheOrnE as Vgiknble tF5Stvss. This ollows forthè12te rÈGpiptsof rnQDie$ from fvndeKS also the10ssof current use￿ olthèfa¢lllbe$. Tho resètvès pollcyis rggubtyrev¢d bytr ¢kt¢kon8tD È5Se55 ￿ facbT¥ whth are ￿kelY to an 8ff8cton ￿$9[￿$.

Newry & Moume Cts•p8rnUve Limited Regisler￿￿o￿p4ny￿M￿r... N12005B Dtrector5' Annu81 Report for the y8ar endÈd 31 Mar¢h 2020 AvaiVablllty&ndodequaGy of assets ole•th of Ihefunds Thè BrTd of DIr¢clorsa￿ sat￿r￿d tstlhe tharivsassets ￿e804L￿tgt9f￿￿Itts oèh9ibor&. FrrtttY• ObJ¢¢iives and Vlslon Secur8 ad￿tiOnal pro9rnMmEacl￿1ty lo nlalnlhe current sialhn9 lèvsl Meet I￿ ApBctationsollhe Ftsndets in tsLwbon to gutpuls and budgetarysppn¢ CoDtinue ts promotè the alWIN 8￿Ine6& to the loc cornmunity R￿1￿￿the c￿r￿n1threats 2nd OPWthnities tvhi¢h e￿￿1 lorthe compsny Company Vlslon Thp vision & to I￿al empknwxèntantt to helplh05e intèrè$tèdto ￿¢￿n￿38￿mp1O>￿￿ iD dev2knp their ?ntreweneurialts￿ntwh1c￿WIll in rthrn reduc& Wvsrty. tyomots bett9rhèal andwell b•iw eTrwur8gÈallaw tsVa￿ the local communtyand aiéa. Company values The value% ￿at￿n(knrp1ll thew0￿ of moun￿ Ctroperalve timtiÈd ore.. Mgkiry a diffemcè and havingJn 1rnpa￿ wthin wnmun DEl￿EnnY J hlgh stsndaid prolè$￿￿￿1 forall partiupanL* Dn ￿1r pra9rammes Or￿ ourl8yfrfi85 Stronu ￿Mm￿OnI10Lwt0Mets. enure bc41 commu￿ty Seekiw bkttFJrand morè Innovalvewsys itss+￿ thp kncal cr￿￿7Un1ty Detsifs ofThe Auditor MrM8rk ReiN￿ts Ftsphtrfck & Kearney Lld ChartgwdA¢¢ountants & SktrtyryAuditor6 10c Square Ngwry Co. Down BT34 1AE

Newry & Moume Cowoperdtive Llmlted Res￿lered ￿MpartY nUrn&￿.- Nf20058 Dlr8ctors' Annual Rgportfortho y88r trnd￿ 31 March 2020 ststèmtrnt a5 trt di5cSosur& ol inforniotion to audltors Statelhalsotsra> each ofthpthrer1o￿dt￿ Ima rèp￿￿￿5 awro¥eda al Thore r8knVAnlgL￿tI￿￿tio0fw￿ch th&authtor&are urhèwi9r￿. blThe thcbrs h2vetdtqnallst8psthatUwoughlto hÈvwtsk&D aware ofanYrelèv￿18￿dh infDnllation andestabfksh thathè ￿rtoiS￿ra ayare of that infoTmatton. Stat8m?nt of DirÈctors' and Dir&ctors' Rospon$ibllltt8S ThodIrocbi￿•F# rtsWwb￿f￿rthe preparaknn OF￿ 2ccounts tertt￿Of the CompanksACt200S, Chartyes INothm I￿l￿nd)B￿2(￿)B. asamanded Bnd Thp ChAnleJ IAÉMUntsa￿ Reports) Re9￿￿￿on$ (Nothgrn b￿n￿>20)s. ln pIcu￿r, t￿P3￿P$ACt200Sand Ch￿lty￿reqUIrnIho board ofd￿￿￿[S kn prFp8 nantsal for8aBh flnandal YearWh￿ lrnt9 qThYfa1r￿QW orb of•ff¥r DfthethBrityss at endollhe Thnancial￿¢￿ndQfth8 su￿U50rde￿dI0rthQ cknrty. prwrtr0lw8fina￿￿Stste￿ntrth8 ig rEquwed to.. -b prepare bac¢tsunts in ￿n0d￿n GEn¢rnnyAcctrptsd Axounting Practlce (u￿￿d Khgdom A￿￿nI￿ s￿nd￿￿ ￿￿dapp￿b￿￿W} -$21aGt5ulkb￿ acwunbng ptslldesa￿theTr applytslem£ng&ftty. .￿￿@S￿dgOrnents￿nd a5tkms tstar8 Tras0mb￿ and pruden¢ and -PYÈPÈtethEfin3TrcM13tat&mentsonthÈ yoiryu WJK¢m baEiS unkn it ￿ inppropt to wesume thèiihe charitywAlwntinu2 in busin•8a. .sla19whBtherapplabkna¢wbnynds d￿j stètsments tsfr•wMm￿Pd rKaGb(t h#Vebp8nfoifN￿.sU￿ECtto rymarial d8ForbJtesd%cI￿d Ènd dtye¢iors are RSPDr6lbl&tsrrrirthn￿W8c￿UatB accounung wtds vhu¢h (fjsrb)58YAlh tFaSDrHble accuratyatwtimbthefinanu8lpos￿on oflhe rth&rityBnrfwhish are sufflc49nl lo showand gxplain c￿nty1￿¢bO￿Sand Pnab￿ to eftgU¢ Wthe aGGDuntscomp ththe Compan￿A¢t200$ and comp[yMry￿ re9uthng mad8 CharfOe5￿L They 8re8ts0 tE&W￿b]eforEafeg￿rrfinglhÈ dssets of ch3rftyand hence fortakbiq rÈ£swJSD sWtstheprevPnb￿ ￿d￿et2￿Tr trfhUda￿ vthgrlwtyuLii￿. Tho dw9thrs are a0 responsibb fDrmainlairMw adequaie recoth whith 4i5cltsse wth TraBOnabl&ac¢uratyatanytim&thfyfinar￿ po￿￿on olthè chaTtyand %vhith w0suff￿enI to 5howand explain the chaitys transa¢bD￿ and enab￿ thèm to ￿￿￿￿trat￿P￿Tran(I statements PA?rnp￿￿th thE Comp?ni?sAct2006 and(thnplywithtFKI rE9ubbons made under Charib?sNrt Theyare abDr¢¥p0Dsib￿fOrSafe0￿drdITh9 the 85¥8Ls uffhB tharfly and hence fort0k￿4 ressonabh stsp3 krthts prevenknn anrldEtetkn Dftraudand otherlrregulÈiitr Llethod 0fpr•pq￿ooD ofacto￿￿-S￿all mmpanyprovtsEo Th? 8ffjgnts aTr ¥etOULon PA Th@fftnan¢ial statsm&nts hAve bèèn prpar8d IMplBm?n￿Wthe FRS102 SORP Iststsment of Recornrnended Practiceforknunting aThdR8porUng by charfl￿)2016.I9& amen¢8dbyth? BU￿817￿ Issued In Ortober2018 appllLzb￿tO3ll iceountin9 p8d(th Deglnnlng Dnoraft8r1sl January20191, Tr SORPI. and h arwfdar￿withthe Rgpoibng standard 102, leffeclvè 1stJ•nuary201SI statements have W prpparBd In accordanGe 4￿hItte PftY￿O￿% In Part 15 of th9 thmp3￿8sm£t2ooS appl¢ab￿ tr>cJ)MpanTeEsUb￿rt￿ the wmp¥n165 Teglme. rpDrturdS approved bylhe board oldll¥ttsr4 andaUthort￿ foRk9￿￿1)N1dth DecBmbdr2020. DireLor