Tanvalley & Anaghlone Project Company Limited by Guarantee Annual Report for the year ended 30th November 2022 Reglstered No: IY1621678
Tanvulley & Anaghlofte Project Annuul repoylfor theyear ended 3IY Novejnbtr 2022 Contents Page (s) Company inforniation Trnstees, Report (Incorporating th¢ Director's Report) Report of ihe indep¢ndent auditOT5 Siatem¢nt of finan¢ial aclivities LIalae sheet 10 Note5 10 th¢ a¢¢ounts The following scbedules do not forn) part of th¢ audit¢d statutory accoiinis D¢tailed incot))¢ and cxpcnditure 17
T4nvrtUey & Ana8AloKe Project Attn41 reponfor iheyeor énded 31W November 2022 Page I Company information Charity Name: Tanvalley & Anaghlone Project Compllny Registratlon Number: N1621678 Nl Chrlty Commission R¢glstrtion Number.. NIC103338 HMRC Charity Number: Registered offiee and busines5 &ddMs: 73 CirculaT Road Katcsbrid8¢ Banbridge Co Down. BT32 5LP Elected Board Members: Paul HamploD James Riddell Mark Hillis (DiTethor) {Diredor) (Diiecior) Accountants: S.M. Vinl & Compwiy Chartered Certificd Accounlants 8 Newry Road Banbridge Co Down, BT32 3HN Bankers.. The co-operative bank l Balloon Street Man¢h¢st¢r. M60 4EP
Tanvalley & Andghlone Projecl Annualreportfo* tAtyear Énded S Nt)vaftber 2022 Pdg¢ 2 Trustees, Report Uncoryorating the Director's Report) The board present their report and audited accoullts for the year ended 30th November 2022. Objects And activities Th¢ Charity's objects ("Objects') ar¢ to:_ (i) Advance community dcvclopmenL in particular rnral social and cconomic regeneration and th¢ promotion of the efficiency and cffcctiveness of voluntary and community sector wups and organisations. (2) Promote industry and commcrcc by providing business incubation units for start-up businesses and making available meeling rooms and officc spac¢ with integrated services to such start-up businesses. (3) Provide access to and training in infomiation communication t¢chnologies for the benefjt of th¢ public. (4) Advance conflict resolution and reconciliation and the promotion of Pea and good community relations. (5) Promote such other charitable purposes as nvay from time to tim¢ be deterniincd. Charltable purpose$ Purpose One The direct benefit flowing from this, is a safe and neutral facility for residents of ihe said area of benefjt to USL for meetings or training courses with various cducalional OT government bodies. Th¢ benefit is evidenced by word of mouth from the attendees and feedback after using the Centre from the organisational bodics. This purpose does not lead to any harni. Thc bcnefit is for all inhabitants within the environs of Tanvalley, Anaghlone. Katesbridgc and CoTbet. A private benefit flowing from this is that a tnte¢ or family member may use the Centre in same manner as all other residents. this is purely incidental and necessary, SO that the bcncfil is available to all. Another direct benefit Is a united community which has come together as one to achieve its targets. Further benefits is a rnorc Yibranl and inclusive society via the educational programmes and recreational dclivilies. These bcnefilb are evidenced through thc diverse set up within the organisation, also through feedback generated from ihe activities laid on by the organisation. The purpose does not lead to any harm. These benefits arc for all residents within the Tanvalley, Analone, Kaiesbridge, and Corbet area. Private benefiis from these are purely incidentsl and u¢¢¢ssary to any group membcr, as family memb¢r5 of all can avail of any opportunities arising. Putpose Two The direct benefit flowing from ihis a more infornied society and healthier community lifestyle, giving them a better standard of living conditions and environment. This is evidenced by feedback ix)Ih qualitative and quantitative. This benefit is for all within the Tanvalley, Anaghlone, Kat¢sbridg¢, and Corbet Community. The private benefit for Group members is in line with the Test of the on)munity, which is gaining a healthier lifestyle, and being better infornied, this is purely incidentsl and necessary so that the benefit is available to all.
Tanvqlley & Amoghlone ProJÈct Anftu¢TI repopÉfor ÉkEyeor ended 3ffh November 21122 P¢Tge 3 A¢hi¢vemeDts 2022 posed a significant number of issues for the ¢harity due to prevailing health and social condilions. Everyone of our services and progriims were significantly imp&¢ted as well the well- being of our direct and indirect beneficiaries. Operating from our building posed Serious process issues and this in turn reduced our local oiiipuls. The achievements to date are: Rural capital support services. RCSS is an illitiative by Tanvally & AnaghloDe PTOjCCt. designed to deliver essentidl support to rural organtsations that operate acT05S the borough. We assist ruTal community developmenl organisations around capilal development projects, wc generally Assist in a nurnber of areas .$uch as capital project planning. archilecttwal planning and statutory compliance. funding strategies and funding procurement. ptocurement of construetion elements, project management including financial contiol. post proje¢t monitoring and evaluation and finally community planning and implementation. We deliver some elements (plawiing & process management) free and some incur charge. In 2022 we saw this seTrice increasing in engagement but lowering in output as more and more Organisations were looking assistance in posi COVID, not in capiial bul in running costs needs. W¢ are Currently Working with over 49 groups on 36 ¢apAtal projects and 13 running cost and up scaling requirements W¢ are curtently working with groups in 3 counties in Nl and one in the ROI. We have suspended most of our community ¢apacity development progrrdms due to operational issues stemming from prevailing COVID conditions. We have I"ocused a lot of our efforts and resources on ensuring ihat we can meet the diverse needs of our local beneficiaries through COVID and we are planning to engage with the local community in an effort to realise what a post COVID world will look like and what our needs may be in a new world We ¢ontinu¢ to provide clean and modcrn facilities ¢ir¢a 6000ft2 for community use throughout thc yeaT in the Tanvally & Anaghlone area of south Down with a catLhmenl area of a 7 mile radius of our facility with an estimated p)tential bcneficiari¢s in excess of 1800 people TAP assisted 10 local OTgdnisations in dealing with the ¢ffects of COVID and how best to insulate OTganisations weakness from exposure through beneficial mitigation strategies. We have applied fnr and secured vital IT and communication equiprnent for our lower income b¢ncficiaries with a particular emphasis on young people and the need for connectivily for academic and training Tcquirements. We are succes.qfully utilising disused agricultural space into a self storage facility for storing short medium and long term items. All profits deriv¢d will be returned for Social programmes. This has been suspendcd due to COVID We have ¢o-delivered for the third year numing with the Nlfty over flfty's for oveT 50's access, one on one to rr and internet training and clinics, this is a volunteer program that assists people who are older and have little OT no IT and internet skills, we provide access to HMRC, ¢bay, Amazon, Tes¢os food delivery, etc.
Trtnvdury & Anughloxe Pyoject Annual reponfor theyeor Énded 31P November 21122 Pag¢ 4 This has proved popular and hugely beneficial. COVtD has restricted some elements of the Program but we can still deliver the majority of the benefit. Publie benefits We have delivered a number of public benents namety: Tap have delivered training, awareness and capacity development to circa 55 people across NI within the dcfined peri(Kl via Zoom and othcr Online media. Rural capital support services have delivered pre defined services to over 49 groups on 36 capital projects 13 revenue projects and are working with groups in 3 counties in NI and with I group in the ROI with potential beneficiary number in excess of 16,000 people in Nrally deprived areas. TAP was appointed employers agent5 to 3 rnajor capital development Projects in the ABC Council to assist in the management ofDAERA Axis 6 RDP progran)me We benefitted 16 people in over fifty's access clinics, some examples include, we accessed HMRC to cxcLut¢ fann VAT Pdymenls, online health serviL¢ for elderly care. online food, service and goo(Ls delivery, as well as addressing Mortgage and personal debt. Numbers have been down dramatically due to Ihc effects of COVtD We have provided and mainTained a facility for groups, individuals, and professional organisations for over 500 beneflciaries. Numbers have been down dramatically due to the effects of COVID. We have began implernenling a new nal strategy for developing and delivering on previously identified needs as well as a post COVID revemergence and regeneration strategy. We have partnered with an aliemative funder to develop a platfonn for ¢ommunity share offering5 and micro protecb'on strategies for the rurally deprived areas of Down and Arniagh. W¢ have fully explored the use of Tier I Capital trades "good causes" element to fiind this ALT investment strategy and have secured potentially in excess of £20M of annual nds, this is provisional upon financial regulators approval and due to commence Circa June 2023. TAP have officially parmered with the NIVSO and have secured for £1.05 Million of Funding from the AFCTF to deliver a Suite of mental and physical health aDd well being programmes that are envisaged to irnprove the lives and physical conditions of over an anticipalcd 100,000 veterans and their families living in Nl. This is a two year programm¢ agreed in DcLcmber 2021 and has began successful delivcry. We are Currently developing a stralegy to deliver a new social housirjg ann of the Charity to cater exclusively for Veterans and iheir complex needs in Nl and ihe U TAP have provided advice and supw)rt to a third sectOT Organisation in East Belfa.st with the task of Disposing of a substantial Property to ihe benefit olARK social housing.. Belfast witb the aim to dcveloping 30 much needcd apartments with a Lollective value of £6.6M. this is envisaged to commence in 2023. TAP have undertaken the reseaTch and development of a new social enterprise with alm of creating a not for profit water bottling and sales company on lands secure in thc locale. We havc tcsted the markct and are conteDt of product viability and we fully intend to launch 2 line of mineral water sales. One line will sell water to the MOD dnd any profits after costs will be redirected into veteran's ¢harities for further distribution. The 2. linc is also not for Profit with all profits being used to taLkle climate change issues through on the gTound delivery of r¢newable energy products and projects. Our goal is to Used all proceeds to physically Amplement ground breaking carbon neutral projects that will inevitably oreate energy independence through the installation of micro generation slTategtes and localised energy generation a5 well as creating greater eICIenc1¢S in waste disposal and circular energy recovery and re use projects. Tap has provided advice and support to I Social enterprisas in 2022 in are&8 of fiinding and project nnagement/delIY¢ry.
Tamvallry & Anoghlone Project Annmal r¢portfor theyedr ended 3rt Novemb¢r2022 Pdge 5 2022 COVID relief efforts are continuing but abating. l) We prepdre(Upurchased a large quantity of readymade meals and distributed to those most at risk (elderly & low income families). 2) We signposted 45 people towards financial and food assistance in the defined period. 3) We assisted 3 people to gain assistance with Universal credit and rate rebate benefits. 4) We continued a volunteer "call your neighbour" scheme to ensure that the most vulnerable were kept to the forefront of the cominunity's attention. 5) We launched a "Be a Volunteerf. scheme to attract new volunteers as we have losl much of the volunteeT capacity due to COVID and its effects, many have had to lake on new jobs, new roles and responsibilities and are in addition to this we have lost tl)ree of our hardest working volunteers to death or bereavement. This scheme lias proven to be slow but is showing steady growth to date. Finally in Conclusion we are acclimatising to our new social dispensation and we are continuing to find our feet in this ever changing world. We will endeavour to meet new challenges with an innovative eye and a compassionate hand. Corporats governance Tanvallcy & Anaghlone Project is a company limited by guarante¢ and as such it does not have share capital. The company is regislered wilh ihe tnland Revenue as a charitable body for taxation purposes. The company is a150 registered with the Charity Commission Northem Ireland und¢r charity number NIC103338. The company was inc0Trated on 23 November 2013 and its governing instrument is the Memorandum and Articles of Asso¢iation. The governing body is the board of who5¢ memb¢rs are also diwtors for the purposes of companies, legislation. Members of the board are lisied on page l. Accounts presentation The Company's accounts have been presented Ihis year in the fornlat set out as best practice by the Accounting and Reporting by Chariiies.. Statement of Recommended Practice applicable to charities a¢¢ounls in the UK and R¢publt¢ of Ireland (FRS 102). The Statement of Finan¢ial Activities C'SOFA,) focuses on showing the total incoming resources, both revenu¢ and capital, which have been made availabl¢ to the company during the year and the way in which thos¢ resources have been use(L whether as direct charitable expenditure in caTrying out and supporting the Company's X¢tivities, or in the managem¢nt and administration of the ¢onipany itself. The SOFA also show those incoming resources for the year received from SOUTces whi¢h place restrictions on the way in which the company can use the fun(L4, and the level of incoming Tesources tbat can be used by the company without restrictio within the company's charitable objects. Re$pottsib&lltles of the Board The truslees are responsible for preparing the Itees, report and the firwicial statements in accordance with applicable law and United Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting Practice). Company law requires the chariry tru8tees to prepare financial statements for each year which give a truer and fair i'Aew of the stale of &ffatrs of the ¢haritabl¢ company and the incoming resources and application of resources, iwluding th¢ inrome and expenditure. for the period.
Tdnvalley & Anqghlome Project AMnu41 reportfor theyeor énded 31 November 2022 Pag¢ 6 In preparing these financial stafrments, th¢ trustees are required to.. Sclect suitable accounting policies and then apply thcm eonsistently. Observe thL methods and principles in the applicable Charities SORP; Make judgements and accounting estimates that are reasonable and prudent. PrLpare the financial statements on the going concern basis unless il is inappTopriate to presume that the chdrity will continue in business. The truslees are responsible for keeping adequate accounting records that are sufficient to show and explain thc charity's transa¢tions and disclosL with reasonablc accuracy at any time the financial position of the charity and enable them to ensure that the financial .qtatements comply with the Companies Act 2006. They arc also responsible for safeguarding Ihe assets of th¢ charity and hence for taking reasonable steps for the PTevention and detection of fraud and other irregularities. Going Concern The board consider that the company has adequate resources to continue in business foT the foreseeable future, and that for tbis reason they should continue to adopt the going concern basis in preparing the accounts. Changes In red assets The movements in fixed assets dwing the period are set out in note 9 to the accounts. Special provisions Telatlng to small companies These accounts have been pr¢p¢ircd in accordance wilh the Spccial Provisions of part 15 of ihe Companies Act 2006 relating to small companies. This report was approved by the board on 19 July 2023. Signed on behalf of the trustees P. Paul Hampton Director