Learmount Community Development Group Ltd Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) Year ended 31 May 2024 The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial stalements of the charity for the year ended 31 May 2024. Reference and admlnlstratlve detalls Registered charity name Learmount Community Development Group Ltd Charlty rogistration number NIC102977 Company registration number N1031452 Prlnclpal office and reglstered School Lane offlce 192 Learmount Road Park Village Co Derry BT47 4BA Tho trustees Ms CA Corr Ms P McGrellis Ms S Witherow MrJB Murphy Mr K Lynch Mr P Conway Ms P O'Neill Mrs S Byrne Mrs M O'Kane Company s6cretary Mr5 S Byrne Independent examiner Shaun McElhinney 1b Brookmount Cres¢ant Omagh Co Tyrone BT78 5HG
Learmount Community Development Group Ltd Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (contlnuedj Year ended 31 May 2024 Structure, governance and management Governlng Document The organisation is a charitable company, limited by guarantee, incorporated on 17 October 1996. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is govarned under its Articles of Associalion. In the event of the company being wound up members are r6quirad to contribute an amount not axceeding £1. The trustees of the charlty. who are also dir8ctors, are detailed on page 1, Management Subjecl lo the provisions of Ihe Companles Act, the memorandum and the articles of association and to any direclions given by special resolution, th8 business of th8 Company shall be managed by the directors who may exercise all the powers of the company.
Learmount Community Development Group Ltd Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (mnrtnu) Year ended 31 May 2024 Objectives and activities Learmount Community Development Group Ltd was established in 1991 to empower and support the people of Learmount in working towards the social, environmental and educational development of the community through voluntary action. The main activities of Learmount Community Development Group Ltd revolve around the provision of serviceslactivities for all residents in the Park Ward of County Derry. The organisation continually addresses the multiple inequalities and deprivation that rural people consistently experience and the organisalion endeavours to alleviate Ihls through the provision of essentlal services In the local area. The organisation maintain four bulldlngs In the area., Learmount Resource Centre, Learmount Community Cenlre, the Master's House and Park Soccer Clubhouse and Pitch. In March 2022 the CARE Project (Collective Approach to Rural Exclusion) began a joint project in th8 Sperrin DEA, led by the Learmount Group with partners in Glenelly, Donemana, Artigarvan and Ballymagorry. The project is aimed at improving the health and wellbelng of people aged 55 plus, encouraging them to stay conngcted lo Iheir local communities through participatlon In a range of activities and setvices, includlng joint activities belween the partners. The National Lottery Community Fund have awarded £455,172 over 4 years. administered by The Learmount Group. Main Aclivi118s indud8.' Provision of R8sour¢e Centre and Communlty Centre to house local groups and provide outreach services i.e. Parent & Toddl8r Group, Playgroup, 60+ Lunch80n Club, Outreach Health Centre including G,P, treatment room and provision of prescriptions, Post Offlce servlce, Citizens Advice, Dementia Friendly Communlty Servlces, Park & Dlstrict Farms Association, St. Mary'8 Youth Club, and Drop in Centre. Provision of personal, social, educational. environmental activities. evgnts and programmes such as IT. Yoga. Craft Classes, First Aid, Healthy Living, Santa Trail, Outings, History Club etc. Provision of administration services lo local groups and individuals living in the ar8a. Obtaining funding for Capltal Bulld, Environmental Projects. Village Enhancements and Leamiount Forest improvements. Lobbyisls for the communlty when Issues arlse wllh statutory agen¢les such as DRD, Translink, DHSS&PS etc. Pressure group on matters of concern to the area and attend meetings and forums further afield when necessary. Operation of highly successful volunteering programme which offers a range of services including Good Morning Park (a telephone support service for older people), Befriending, Transport, Kid's Club, Environmental Club, Book Club. Fishing Club, Collection of Recyclable items. Collection of Clinio items elc. Dementia Hub providing a range of Dementia Friendly Community Services. The charity operates a community developm&nt group.
Learmount Community Development Group Ltd Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (ry?ntlnuodJ Year ended 31 May 2024 Achievements and performance All objectives and targets set have either been fully realised or are beihg significantly progressed. Financial review The organisation had another successful year in which the net assets remain relatively stsble at £256,155. Prlnclpal Fundlng Sourc•s The principal funding source for the Charity was by way of grant income from various funders. The charity also generates income from its resource centre. Grant Policy Grants obtained are classified as reslrlcled funds and are subject to restrictions on thelr expenditure imposed by the donor or through the terms of an appeal. Reserves Pollcy The trustees are confident that the reserv8s of th8 company are of a sufficient level to be abla to continue Ihe current activities of th8 charity in the event of a drop in funding. Unrestricl8d reserves are available for use at the discretion of th8 trustees in furtherance of the general obJectiV8s of the charity. Restricted reserves are sublected lo reslrictions on their use by the donor. FSnance reserves are set aside to protect the charity against drops In Income and as a back-up for future extonsion5 and commitments when necessary In relatlon lo Park Soccer Clubhouse and pitch, Learmount Resource Centre. Learmount Communily Centre and the Master's House. It is also policy to increase reserves to cover six months operational expenditure should it be required in the future. The balance in the charity's bank accounts at the balance sheet date is £101,805. Small company provlslons This report has been prepar8d accordance with the provisions applicable to companles entltled to the small companies exemption. The trust89s' annual report was approved on 26 September 2024 and signed on behalf of the board of Irustees by: Mrs S Byme Trust66 Mrs M O'Kana Trustee