Shankill (Lurgan) Community Projects IA company limited by guarantee. not having a share capital) TRUSTEES. ANNUAL REPORT for the financial year ended 31 March 2024 The trustees present their Trustees, Annual Report, combining the Directors, Report and Trustees, Report, and the unaudited financial statements for the financial year ended 31 March 2024. The financial staternents are prepared in accordance with the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities.. Slatement ol Recommended Practice applicable to charities preparing their financial statements in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The Trustees, Rèport contains the information required to be provided in the Trustees, Annual Report under the Slatement of Recommended Practice (SORPI guidelines. The trustees of the company are also charity trustees for the purpose of charity law and under the company's constitution are known as members of Ihe board of trustees. In this report the trustees of Shankill (Lurgan) Community Projects present a summary of its purpose, govemance, activities. achievements and finances for the financial financial year 31 March 2024. The company is a registered charity and hence the report and results are presented in a form which complies wilh the requirements of the Companies Act 2006 and, although not obliged to comply with the Statement of Recommended Practice applicable in the UK and Republic of Ireland FRS 102, the organisation has implemented ils recommendations where relevant in these financial statements. Mission, Objectives and Strategy Mission Statement Shankill (Lurgan) Community Projects is a cross community enterprise committed to realising a vision of Lurgan and its surrounding areas. as a caring, prosperous and reconciled community- SLCP works in 3 specific areas '. 1. Advice and infomialion seNice. The Advice Craigavon services provides welfare and debt advice to those in need infonning individuals about their rights and supporting them in their ability to exercise these rights on key social welfare issues eg debt social security etc. Advice Craigavon also refers individuals to other statutorylcommunity seNices services eg food bank, counselling and restoralive juslice. 2. Community Resource provision SLCP is a cenlralised community resource which works directly or in partnership to deliver a range of physical. emotional and mental well-being programmes to the local community through the.. Provision of low costlno cost office rentals and room hire to voluntary and community organisations. Partnership delivering beneficial programmes into the community. Delivery of capability and capacity building programmes including community relations, adult learning and leisure programmes. 3. Health and Well Being programmes All health & well being programmes including counselling services are open to individuals from across the community and income derived from the provision of services, room hire and office rentals is reinvested by SLCP in support of its community based activities. Structure, Governance and Management Structure Shankill Lurgan Community Projects is a company limited by guarantee and does not have a share capital. It is governed by a memorandum and articles of association and the liability of each member is limited to an amount not exceeding £1. The charity has an induction programme for new directors as part of which they are advised of their legal responsibility. main duties and roles. The directors have ultimate legal and financial responsibility for the affairs of Shankill Lurgan Community Projects. although the day to day management of the organisation is undertaken by a separate individual who report to the Board of Directors at regular meetings. The directors meet on monthly or bi- monthly basis. The directors of the company at 31 March 2024, all of whom have been directors for the whole of the period ended on that dale, unless otheiSe stated. are listed on the information page.
Shankill (Lurgan) Community Projects IA company Ilmlted by guarantee, not having a share capital) TRUSTEES, ANNUAL REPORT for the financial year ended 31 March 2024 Review of Activities, Achievements and Perfomiance ANNUAL REPORT 202312024 Our Achievement and Accomplishments Preparing an annual report provides a lime for refiection, an opportunity to look back over the previous year revisiting areas of success and reconsidering areas of challenge. It also helps us to look lo the future and consider what it is we need to do to keep moving fotward. There is quotation that says °Moving on is a process, moving fo)waKI is a choice. There's a slight difference betsveen the Iwo- moving on is letting things happen, moving forward is making things happen. In the year end March 2024 SLCP continued through another difficult year especially with the rising costs of Gas and Eleclrictty along with price increases for malerials etc. Organisations within Mt. Zion House also have struggled with increases but still remain committed to serving the community. SLCP are delighted that our partner Action Cancer have continued to bring its therapeutic support seNices to Mt Zion House and in supporting this much needed Servi in our area we continue to offer them the use of2 rooms at no cost as a thank you for their work. Complementary therapy can help reduce anxiety and stress, improve sleep patterns and aid relaxation. It can also teach coping skills to help deal with what's happening. Any adult or child who has had a cancer diagnosis themselves or has been affected through a close ielative's diagnosis Gan avail of this free seNice. Counselling continues to be a vital service especially with the continuing cost of living crisis and the effect it is having on the community. along with ones everyday struggles. Vwth our qualified counsellors Ihey can offer their clients safe and confidential SeiCe within Mt. Zion House either face to face or via zoom. We are delighted to welcome 2 more Counsellors lo Mt. Zion House as the demand is continuing to increase and going forward 2 more Counselling services have requested space when available. Community workshops continued throughout the year along with Mental Health support groups as demand continues within our community. In the coming year we hope to expand our workshops to include upcycling if we receive funding needed to offer this service to our community. S.L.C.P continues to provide a green space and partners with Praxis Care a Tenant. With the help and dedication of their clients along with volunteers from Ihe local community suffering with Menlal Health issues the community garden has flourished throughout the year. S.L.C.P were able to excess fvnding to further develop this green space. We will continue lo enhance this space as clients and volunteers are staling that Ihe garden brings such joy to Ihem. and they feel safe in this environment and enjoy their time working with each other. During the year we sought funding to replace 13 front windows and have been successful and these will be replaced in the next few months. We still need more windows replaced and will seek funding so as to redu our energy costs. S.L.C.P will continue to upgrade Mt. Zion House so it is fit for purpose for years ahead. As Mount Zion House is a Community Hub, we continue lo provide office and workshop Spa lo the voluntarylcommunily sectorland small enterprises. We have welcomed new Tenants during the year and going forward from April we will be at maximum capacity with a waiting list for occupancy.
Shankill (Lurgan) Community Projects IA company Ilmlted by guaranteg, not havlng a share capital) TRUSTEES, ANNUAL REPORT for the financial year ended 31 March 2024 We still have no doubt that we will face challenges throughout the coming year but we feel confident we can overcome Ihem. None of the achievements above would be possible without the support of our directors, and company accountant. Wthout their knowledge and commitment Shankill (Lurgan) Community Projects would be unable lo provide the SeiceS required within the community. S.L.C.P look forward to welcoming new members to the Management Board in the next financial year. OUR COMMUNITY PARTNERS vaypie.,..,.... Hfvme n). St*Rt .( SThRT360 support and frtend8hlp for families AND MANY OTHER GROUPSISMALL ENTERPRISES Big Thanks to our Funders At Mount Zion House we have always striven to adopt an approach of income self-generation in order to continue 5UPPQrting the local community. We would like to thank the following funders. Armagh Banbridge &Craigavon Borough council Keep Nl Beautifvl Small Grants Financial Review Reserves Policy The trustees have confimied £25.000 as the level of free reseNes that the charity aims to have on an ongoing basis and are working towards this target Ihrough a series of measures introduced in the current financial year and with plans already undeway for the next financial year. The trustees believe this level of free reserves is essential lo enable the charity to provide its activities for the foreseeable future. This reserve policy is an integral part of the charity's planning, budget and forecasts. Flnancial Results At the end of the financial year the company has assets of £938.216 (2023 - £926,780) and liabilities of £71,960 (2023 £80.417). The net assets of the company have increased by £19,893. Principal Risks and Uncertainties The directors have actively reviewed the major risks which the charity faces and believes that the chartty has sufficient resources in the event of adverse conditions. The directors have also examined olher business and operational risks, which the charity faces and confirm that it has established systems to mitigate significanl risks.
Shankill (Lurgan) Community Projects IA company limited by guarantee. not having a share capital) TRUSTEES. ANNUAL REPORT for the financial year ended 31 March 2024 Trustees The trustees who served throughout the financial year, exp1 as noted, were as follows.. Thomas MGCorry Sydney Cairns (Resigned 9 May 2023) Wilson Freebum James Joseph Nelson In accordance with the Constitution, the trustees retire by rotation and, being eligible, offer themselves for re-election. Compliance with Sector-wide Legislation and Stsndards The company engages pro-actively with legislation. standards and codes which are developed for the sector. Shankill (Lurgan) Community Projects subscribes to and is compliant with the following.. The Companies Act 2006 The Charities SORP (FRS 102) Public Benefit In setting our objedives and planning our activities for the year the Irustees have given careful consideration to the Charily Commission for Northern Ireland's guidance on public benefit to ensure that the activities have helped the charity purposes and provide a benefit to beneficiaries. Approved by the Board of Trustees on 28 June 2024 and signed on its behalf by: Thomas MCC Trustee James Joseph Nelson Trustee
Shankill (Lurgan) Community Projects IA company Ilmlted by guarantee, not having a share capital) STATEMENT OF TRUSTEES, RESPONSIBILITIES for the financial year ended 31 March 2024 The trustees, who are also directors of Shankill (Lurgan) Community Projects for the purposes of company law, are responsible for preparing the financial slatements in accordance with applicable law and regulations. Company law requires the trustees as the directors to prepare financial statemenls for each financial year. Under that law the trustees have elected to prepare the financial stalements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law} including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the Irustees musl not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing these financial statements. the trustees are required to: select suitable accounting policies and apply them consistently., make judgements and estimates that are reasonable and prudent- state whether the financial statements have been prepared in accordan with the relevant finanrial reporting framework, identify those standards, and note the effect and the reasons for any material departure from those standards,. and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in operation. The trustees confirm that they havè complied with the above requirements in preparing the financial statements. The trustees are responsible for keeping adequale accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time Ihe financial position of the company and enable them to ensure that the financial statements comply with. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the Board of Trustees on 28 June 2024 and signed on its behalf by: Thomas Mccorry Trustee James Joseph Nelson Trustee