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2024-03-31-annual-report

Charity Registration No. 103257 Company Registration No. NI042845 (Northern Ireland)

IMPACT NETWORK (in Communities) NI

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

IMPACT NETWORK (in Communities) NI

CONTENTS


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Page
Legal and Administrative Information 1
Trustee report 2 – 7
Accountants Report 8
Statement of Trustees 11
Financial Activities 12 - 13
Accountants Certificate 14
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IMPACT NETWORK (in Communities) NI

LEGAL AND ADMINISTRATIVE INFORMATION


Trustees Mr S Bell
Mr D Richardson
Mr D McAuley
Mr R Williamson
Mr J Greer
Mrs J McCaughey
Mr R Taylor
Secretary Mr D Richardson
Charity number 103257
Company number NI042845
Registered office Unit 6-7 Arches House
38-40 Main Street
Randalstown
Co Antrim
BT41 3AB
Auditor Stephen White Accounting and Taxation
1a Main Street
Ballymoney
BT53 6AN

IMPACT NETWORK (in Communities) NI

TRUSTEE REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2024


The trustees present their report and accounts for the year ended 31 March 2024. Registered Name of Charity: Impact Network in Communities NI Charity Number: 103257 Registered Office: Unit 6-7 Arches House, 38-40 Main Street, Randalstown, Co Antrim, BT41 3AB

Chairpersons Remarks

Impact Network NI, established in 2002, continues to provide a distinct and much needed service working in the community for the community. Our excelling performance once again shows the extensive work that our staff tirelessly go above and beyond to ensure that the community reaches its full potential and gains the most from all the programmes we provide.

Impact Network NI remains committed to the key principles of community development. We have a vision of vibrant, articulate, inclusive and sustainable communities across Northern Ireland contributing to a prosperous, equitable, peaceful, and stable society.

As a network, we continue to build relationships with councils and our statutory partners to ensure that the needs of local communities remain to the forefront of the community planning agenda, and the Peace Plus Partnership to ensure that Impact Network NI will be there to meet and support those needs.

We would like to acknowledge the support of our funders who have supported the organisation to grow and develop our work. We would also like to thank all our partners, collaborators and supporters from across the United Kingdom and the Republic of Ireland for their cohesion and friendship as we have sought to share lessons from our work and learn lessons from theirs. A final word of thanks must go to our member groups who we have served. Their daily work in communities across Northern Ireland at the coalface of tackling poverty, loneliness, providing community space to meet, providing childcare and youth services is inspiring and is the glue that binds many communities together.

As Chairman and on behalf of the Board of Directors and communities we serve, I commend the work of Impact Network NI which is an invaluable source of support to local communities. We continue to witness an ever-growing demand and increase in our capacity.

I would like to thank my fellow Board members for their support to me as Chairperson and for their ongoing commitment to the work of Impact Network NI. On behalf of the Board, I would like to extend my appreciation to the staff members, who have continued to show an adaptable and professional approach to their work with a humble and steadfast approach to continue to do their best in the community is commendable.

Impact Network NI will continue to develop and offer leadership; it has proven it is well placed to deliver much needed support and guidance for a wide variety of community groups. I am delighted that they will continue to benefit from the expertise, partnership working and representation that Impact Network NI can and has offered.

Sam Bell Chairperson


IMPACT NETWORK (in Communities) NI

TRUSTEE REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2024


Achievements and Performance

Impact Network NI have maintained a level of funded projects to enable the organisation to continue to support the community across Northern Ireland in various ways. We have adapted our way of working, since the global pandemic and connect in a hybrid way, engaging individuals and communities in the best suitable way. We do believe that face to face support helps to sustain and build communities in the best possible way.

Community Animation Skills to Employability – funded by Antrim and Newtownabbey Borough Council

Community Christmas Cheer - funded by Clanmill

Community Engagement Programme – funded by Northern Ireland Housing Executive

Cost of Living Events – funded by The National Lottery Awards for All

Cybersafe – funded by Assets Recovery Community Scheme

Cybersafe Primary Schools – funded by Clanmill

Events Management – Funded by ANBC and CC&G

Kids Get Moving - Funded by Northern Healthy Lifestyles Partnership

Ladies in Leadership – Department for Foreign Affairs

Lunching Together Project – Funded by Halifax Foundation

Outcome Based Approach and Communications Support – Funded by Public Health Agency

OCN Stewarding Training – Derry City and Strabane Council

Networking Involving Communities in Health Improvement (NICHI) – Funded by Public Health Agency Supporting local communities in health and wellbeing using a community development approach, addressing health inequalities.

Randalstown Connect Create and Learn – Funded by Arts Council

Suicide Prevention Development Project (SPDO) – funded by Public Health Agency

The Northern Locality Suicide Prevention model encourages a community development, grass roots approach to Promoting Mental Health and Suicide Prevention within communities.

Winter Warmer Project – Funded by ARN Foundation


IMPACT NETWORK (in Communities) NI

TRUSTEE REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2024


OBJECTIVES AND ACTIVITIES

Objectives and Aims

Impact Network NI meet community needs by determining and responding to key issues impacting on communities including health and wellbeing, suicide prevention, community development support, community transformation, peace and reconciliation programmes and inter-estate programmes are just a brief synopsis of the variety and reach the staff and organisation deliver on a daily basis. Since 2002, the Network has been recognised as the key community membership based organisation to drive forward community initiatives using a community development approach that engages and represents effectively across the sector. Impact Network NI has 350+ member groups and a management committee of 7 Directors.

Impact Network NI believes that effective responses to the issues are best achieved through working in partnership with all relevant community, voluntary, statutory and academic organisations and bodies.

The trustees do not expect the activities to change significantly during the incoming year.

Public Benefit

Impact Network (in Communities) NI LTD meet and comply with all requirements of the Charities Act 2008 and have due regard to the public benefit guidance published by the Charity Commission for Northern Ireland.

Financial review

The main source of funding throughout the year was from grants. In calculating the required level of reserves the charity takes into account the risks of income and expenditure, the trustees believe it is beneficial to hold an amount in unrestricted funds to cover running costs for a period of nine months to enable the company to continue at its current level of activity.

Reserves policy

The trustees consider the Reserve Policy an important part of the internal financial management. It assists with strategic planning when reviewing new or potential projects/activities; informs the budget process and enables planning for a balanced budget or use of reserves; and it informs the budget and risk management process by identifying any uncertainty in future income streams. Reserves are reviewed in detail annually but also monitored throughout the year to assess any build up of reserves or unexpected depletion of these.

Operational Reserves are required to allow the organisation to continue to deliver its charitable objectives and seek alternative funding sources, should existing annual funding be restricted and to provide assurance against a risk of an unforeseen emergency or other unexpected need for funds. In addition, Operational Reserves provide the organisation with the ability to react to short term opportunities. In quantifying the level of Operational Reserves required, the level of net current assets and liabilities are compared to the average monthly expenditure. The risks associated with future income, grants and expenditure are also considered. As a result, the Trustees have determined in their last review that 9 months of the annual recurring expenditure are required as Operational Reserves.


IMPACT NETWORK (in Communities) NI

TRUSTEE REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2023

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Investment Policy and Objectives

Under the Memorandum and Articles of Association, the charity has the power to invest in any way the trustees wish.

Risk

The trustees has assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Structure, governance and management

The charity constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. It is controlled by it's governing document.

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were: Mr S Bell

Mr D Richardson Mr D McAuley Mr R Willamson Mr J Greer Mrs J McCaughey Mr R Taylor

Recruitment and appointment of new trustees

Impact Network (in Communities) NI openly invite all community members to put themselves forward for nomination of election to the charity. When a position becomes available the board of Trustees then undertake a skills audit of nominations and invite all potential trustees to meet the board before a decision of recruitment and appointment is made.

Organisational Structure

The board of trustees administers the charity. The board meets monthly, there are sub committees covering fund-raising, strategy and finance which meet regularly. A manager is appointed by the trustees to manage the daily operations of the charity. To facilitate effective operations, the manager has delegated authority, within the terms of delegation approved by the trustees, for operational matters.

Induction and training of new trustees

New Trustees undergo orientation to brief them on their legal obligations under charity law, the content of the Trust Deed, decision making processes, the business plan and the recent financial performance of the charity. During induction, they meet key members of staff and other Trustees. Trustees are encouraged to attend appropriate training events where these will facilitate the undertaking of their role.

Related Parties

There are no related parties within the charity.

S Bell