Tanvalley & Anaghlone Project Company Limited by Guaralltee Annual Report for the year ended 30 November 2023 Registered No: N1621678
Tanvallry & Anaghlone Project Annu&l reportfor theyear ended 3f/lr November 2023 Contents Company inforniation TNstees' Report IIncory)orating the Director's Report) Report of the independent auditors Statement of fllw]¢ial activities Balance sheet 10 Notes the accounts The following schedules do not forni part of the audited statutory accounts Detailed inGome aDd expenditure 17
Tanvoury & Anaghlone Projeel Annual reportfor Éheyedr ended 3rt November 2023 Page I Company information Charity Nlle. Tanvalley & Anaghlone Project Company Registration Number: N1621678 Nl Charity Commission Regislration iyumber: NIC103338 HTrIRC Charity Number: Registered offiee and business address: 73 Circular Road Katesbridge Banbridge Co Down, B T32 5LP Elected Boydrd Members.. Paul Hampton James Riddell Mark Hillis (Director) (Director) (Director) Accountants: S.M. Vint & Company Cllartered Certified Accountants 8 Newry Road Banbridge Co DoMTn, BT32 3HN Ballkers., The co-operative bank l Balloon Street Manchester, M60 4EP
Tanvalley & An4ghltsne Pn)ject Annual reportfor theyear ended 30 November 2023 Page 2 Trustees, Report (Incorporating the Director's Report) The board present their report and audited accounts for the year ended 30 November 2022. Objects and activitfies The Charity's objects ("Objects') are to:_ (i) Advance community developmenL in particular rural social and economic regeneration and the promotion of th¢ ¢fficiency and effectiv¢ncss of voluntary and community sector groups and organisations. (2) Promot¢ industy and cornmerce by providing business incubation units for start-up businesses and making available meeting rooms and office space with integrated serviccs to such start-up businesses. (3) Provide access to and training in inforn]ation communication technologies for the benefit of the public. (4) Advance conflict rcsolution and reconciliation and the promotion of pcace and good community relations. (5) Promote such other charitable purposes as may from time to time be d¢t¢rniin¢d. Charitable purposes Purpose One The direct benefit flowing from this, is a safe and neutral facility for residents of the said area of benefit to use for meetings or training courses with various educational or government bodies. The benefit is evidenced by WOTd of mouth from the attendees and feedback after using the Centre from the organisational bodies. This purpose docs not lead to any harni. The benefit is for all inhabitants within the environs of Tanvalley, Anaghlone, Katesbridge and Corbet. A private benefit flowing fron) this is that a trustee or family member may use the Centre in same manner as all other resi(knts. this is purely incidental and necessary, so that the benefit is available to all. Another direct benefit is a united community which bas rome together as one to achieve its targets. Further benefits is a more vibrant and inclusive society via the educational progratnmes and recreational activities. These benefits are evidenced through the diverse set up witl]in the organisatio also through feedback gcncratcd from the activities laid on by th¢ organisation. The purpose docs not lead to any harni. These benefits are for all rcsidcnts within the Tanvalley> Anagblone, Katcsbridge. and Corbet aa. Privat¢ benefits from these are purely incidental and necessary to any group member, as family mcmbers of all can avail of any opportunities arising. PuOSe Two The direct benefit flowing from this a more infornied society and healtl]ier community lifestyle, giving them a b¢tter standard of living conditions and environment. This is evidenced by feedback both qualitatkve and quantitative. This benefit is for all within the Tanvalley, Anaghlone, Katesbridge, and Corbet community. The private benefit for Group members is in line with the rest of the community, which is gaining a healthier Lifestyle, and being better Inforni¢ this is purely incidental and necessary so that the benefit is available to all.
T4nvaUey & Anaghlone Proje¢¢ Annual reportfor Iheyear ended 3t/h November 2023 Page 3 Achievements 2023 was a very busy year for the organisation posing its own set of complications and some exciting opportunities. Th¢ achi¢v¢ments to date are: Rural capital support services. RCSS is an initiativ¢ by Tanvally & Anaghlone project, (ksigned to deliver essential support lo rural organisations that operdte across the borough. We assist rural community development organisations around capital development projects, we generally assist in a number of areas such as capital project platming, architcctural planning and StatOry compliance, funding strategies and funding procurem¢tLL procurement of construction elemenls. project management including financial control, post projcct monitoring and evaluation and finally community planning and implementation. We deliver some clements (plarming & process management) free and some incur charge. In 2022 we saw this seryice in¢r¢asing in engagement but lowering in output as more and mor¢ organisations were looking assistance in post COVID, not in capital but in running costs needs. We are currently working with over 34 groups on 24 capital projccts and 12 running costs and up scaling requirements We are currently working with groups in 3 Counties in Nt. We have resumed most of our community capacity development programs. We continue to focus a lot of our efforts and resources on ensuring that we can meet th¢ diverse needs of our local b¢neficiaTies. In 2023 we delivered online access clinics, It literacy, creative writing, business signposting and a renewed focus on the arts with a heritage and cultural theme We eontinue to provide clean and modern facilities circa 6000ft2 for community use tl)roughout the year in the Tanvally & Anaghlone area of south Down with a catchment area of a 7 mile radius of our facility with an estimated potential beneficiaries in excess of 1800 people We centime to operate our tecllnology for our lower incomc beneficiaries with a particular emphasis on young people and the need for connectivity for academic and trdining requirements. We are successfully utilising disused agricultural spacc into a self storage facility for storing short mcdium and long tcnn itctns. All profits derived will be returned for social prograllullcs. We have c041elivered for the fourth year running with the Nifty over fifty's for over 50's access, one on one to IT and internet training and clinics. this is a volunteer progrnm that assists pcoplc who arc older alld have little or no IT and int¢rn¢t skills, we pmvi(k acccss to HMRC, ebay, Amazon, Tcscos food dclivcry, ctc. This has proved popular and hugely beneficial. COVID has restricted some elements of the program but wc can still deliver the majority of the benefit. Public benefits We have delivered a number of public benefits namety: Tap have delivered training, awareness and capacity development to circa 145 people across NI within thc defined peri(Kl via Zoom and other Online media.
Tanvalley & Anaghlone Project Annual reportfor theyear ended 3iyh N(ryember 2023 Page 4 Rural capital support services have delive1 pre defined services to over 34 groups on 24 capital projects 12 revenue projects and are working wkth groups in 3 counties in NI witb potential beneficiary numb¢r in excess of15,000 people in rurally deprived areas. TAP was appointed employers, agents to 2 major capital development Projects in the ABC Council to assist in the management of DAERA Axis 6 RDP programme and l is currently completed and the second project has Initiat an extension that is still ongoing We benefitted 21 people in over fifty's access clinics, some examples include, we accessed HMRC to execute farni VAT paymcnts, online health service for elderly car¢, online food, service and goods delivery, as well as a(ktressing Mortgage and pcrsonal dcbt. Numbers stil continue to remain low due to the effects of COVID We have provided and Mainlain a facility for groups, individuals, and professional organisations for over 500 beneficiarics. Numbers continually remain duc to the effects of COVID. We are Currently implementing a new rural strategy for developing and delivering OD previously id¢ntifi¢d needs as well as a post COVID re-emergence and rcgcneration strategy. We have partnered with an alternative fimder to develop a platforni for community share offerings and micro protection strategies for the nwally deprived areas of Down and Annagh. We have ]lY explored the use of Tier I Capital trades "good causes" element to fund this ALT investmcnt strategy and have secured potentially in excess of £20M of annual funds, this is provisional upon financial regulators approval and due to commence circa June 2024. TAP have officially partnered with ihe NtVSO and have secured for £1.2 Million of Funding from the AFCTF to deliver a Suite of mental and physi¢al health and well being programmes that are envisaged to in]prove the lives and physi1 conditions of over an anticipated l 00,000 veterans and their families living in NI. This is a two year programme agreed in December 2021 and began successful delivery. We are currently developing a strategy to deliver a new social housing ann of ihe Charity to cater exclusively for Veterans and their complex needs in NI and the UK. TAP have undertaken the research and development of a new social enterprise with aim of creating a not-for-profit water bottling and sales company on lands secure in the locale. We have tested the market and are content of product vlability and we ElY intend to launch 2 line of mineral water sales. One line will sell water to the MOD and any profits after costs will be redirected into veteran's charities for fiher distribution. The 2 line is also not for profit with all profits being used to tackle climate change issues through on the ground delivery of renewablc encrgy products and projects. Our goal is to used all proceeds to physically implement ground breaking carbon neutral projects that will inevitably create energy independence through the installation of micro generdtion strategies and localised energy generation as well as creating greater efficiencies in waste disposal and circular energy recovery and rc usc projccls. This project is at a critical stage of fundraising, we have undertaken hydrogeological testing with a proven aqulfer onsite as well as applied for a commcrcÉal change of use for our agricultural property. This still ongoing in the planning (kpartment of ABC council and is expected to be approved in July 2024. Wc have begun identifying customers and supply chains and are as stated in the provisional fundraising stage. Tap has provided advice and support to business modelling services to 5 Social enteo)rises in 2023, most notable an All-Ireland housing project in collaboration with 5 county councils in the ROI in areas of funding and proj¢ct dcs1, management & delivery, business mo(klling, HR and Financing. We have delivered a numbcr of food poverty programmes including assisting 14 families to access readymade meals and food banks. We have entered into negotiations with ABC council to become a food bank or assistive food distribution partner. We assisted 8 people to gain assistance with Universal credit and rate rebate benefits. We continued a volunteer "call your neighbour" scheme to ensure that the most vu]nerable were kept to the forefront of the community's attention.
Tanvalley & Anaghlone Project Annual reportfor iheyear ended 3yh November 2023 Page 5 We continue to deliver a "Be a Volunteer" scheme to attract new volunteers as we have lost much of the volunteer capacity due to COVID and its effects, many have had to take on new jobs, new roles and responsibilities and are in addition to this we have lost three of our hardest working volunteers to death or bereavement. This scheme has proven to be slow but is showing steady growth to date. Projects for 2023 onwards. Due to an inward look at our organisation in 2023 a number of key areas were identified as a weak strategically and operationally. It was decided that we would initiate new social enteryrises to address community deficits and structwal deficiencies. Those projects will include: l) A complete strategic review and plan and operational plan coming into effect from 2025- 2030. 2) The delivery of our fst ever coffee catering business aimed at creating a sustainable income for low-incom¢ veterans and their families. This Social enterprise will not just sell besp)ke coffee blends to discerning Event goers but to train a number of volunteers and beneficiaries in barista and catering qualifications whilst providing gainful employment or top-up income for struggling families. This was at funding stage in December 2023. 3) We have taken possession of 15 acres of rural land in South Down to convert it into a public space with forested areas, walkways and natural arts space. This will be aimed at combatting mental and physical issues. We are planning and statutory perniissions stage. 4) We have agreed to purchase a space for a veteran's respite and recovery centre. We agreed to purchase this 20-bed fomi¢r nursing home and convert this into a state-of-the-art centre. We have applied to Community Ownership fund and the armed forces con]munity trnsi fund to assist us to develop this space. 5) Lastly we are looking to develop a programme for rural families to diversify their agricultural storage areas into much needed logistics storage facilities, we have piloted one scheme and we intend to roll this scheme out in 2025 Corporate governance Tanvalley & Anaghlone Project is a company limited by guarantee and as such it does not have share capital. The company is registered with the Inland Revenue as a charitable body for taxation purposes. The company is also registered with th¢ Charity Commission Northern Ireland under charity number NIC103338. The company was incorporated on 23 November 2013 and its governing instrument is the Memorandum and Articles of Association. The governing body is the board of whose members are also directors for the purposes of companies, Icgislation. Members of the board are listed on page l. Accounts presentation The Company's accounts have been presented this year in the forn]at set out as best practice by the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities accounts in the UK and Republic of Ireland (FRS 102). The Statement of Financial Activities ("SOFA') focuses on showing the total incoming resources, both revenue and capital, which have been made available to the company during the year and the way in which those resources have been used, whether as dIt charitable expenditure in carrying out and supporting the company's activities, or in the management and administration of the company itself. The SOFA also show those incoming resources for the year received from sourccs which place restrictions on the way in which the company can use the fimds, and the level of incoming resources that can be used by the company without restriction, within the company's charitable objects.
Tanvauey & ArtaghloneProied Anxu4irepvrtfor th¢yearended30 Novewther 2023 Page 6 Re$pon$iThilllles of the Boird The truste¢8 are reswnsible for preparing the INst¢¢g' report and the financi stateme41ts in ardartee with applicable law and United Kingdom A¢wunting Standards (United Kingdom Generally Acccpted Ac¢ounting Pradire). Company law rcquires the charity trustecs to prepare fun(ial stateents for each year which give a trner and faiT vicw of the state of affair8 of the Gharitable cojnpany and IIL¢ inwrning resour¢cs and application of SourCe4 including the income and expenditur4 for the P¢TiOd. In prepating th¢sc fiTwIGial statement4 the trnstecs are required to: S¢l¢ct suitable accounting policies and then apply them consistently. Observ¢ the methods and principles in th¢ applicabl¢ Charities SORP. Make judgements and accounting estimates that are reasonable and pdlI. Prepar¢ the financial Ststements on the going concern basis unl¢ss it is inappropriatc to presume that the clwity will continue in business. The trustees are responsible for keeping adequate ac¢ountin8 records that are sutTici¢nt to show and exp18in the charity's transactions and disclos¢ with reasonable accuwy at aiiy time th¢ financial position of the charlty and enable th¢m lo ensure that the fmanGial ststcth¢nts comply with the Companies A¢t 2006. TW are a]so r¢SnsIble for safeguarding th¢ assets of the clwity and I1¢¢ for taking reasonable stq)s for the prevention and d¢t¢¢tion of fraud and oth& irregulaTities. Golng Con¢erD The board consider that the company has adequalc Itsources to continue in business for the foreseeable future, and that for this reason th¢y should continue to adopt the going wncern basis in preparing the accounts. Cbanges In fixed 8S8ets The movements in fixed assets during the period ar¢ set out in note 9 to the ac¢ount5. Special provlslons rdating to small eompanies These acwunts have been prepared in a¢cordanc¢ with the Spccial Ptovisions of part 15 of the Companies Act 2006 relating to small c4)mpAtiies. This rq)ort was approv¢d by the Ix)ard on 17 July 2024. Si%ned OD beIlf of the tste¢S P. Paul HamptOD Director
Tanvalley & Anaghlone Projeer Annual reportfor theyear ended November 2023 Page 7 Independent Examiner's Report to the Trustees of Tanvalley & Anaghlone Project Charitable Company I report on the accounts of the charity for the year ended 30th November 2023 which are set out on pages 9 to 15. Respective responsibilities of Trustees and Examiner As the charity's trustccs (who are also the directors of the company for the purposes of company law) you are responsible for the preparation of the accounts in a)rdall¢¢ with the requirements of the Companies Act 2006. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: ' examine the accounts under section 65 of the Charities Act" . to follow the procedures laid down in the genernl Directions given by the Charity Commission for Northern Ireland under section 65(9)(b} of the Charities Act. and . to state whether particular matters have come to my attention. Basis of Independent Examiner's rep)rt I have examined your charity accounts as required under section 65 of the Charilies Act and my exami]tion was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65{9) of the Charities Act. The cxatnination included a review of the accounting records kept by the chaTity and a comparison of the accounts presented with those records. It also includcd consideration of any unusual items or disclosures in the accounts and seeking explanations from you as chaTity trustees conccrning any such matters. My role is to state whether any material matters have come to my attention giving me cause to belicve: l. That accounting records were not kept as required by section 63 of the Charities Act 2. That the accounts do not accord with those accounting rordS 3. That the accounts do not comply with the aOuntIng requirements of the Charitics Act 4. That there is further infomiation nceded for a proper understanding of the accounts to bc reached.
Tanvalley & AMa8hlon¢ProJeet AnN¥ol r¢portfvr Iheyear eAded NrfTh¢mber 2023 Page 8 Independent exanthier's qualified statement I have completed my cxgmination and h&ve no ¢ODC¢rnS in rwect of the matters (l) to (4) listed above anQ in connection wilh following the Directions of the Charity Con)mission for Northern Ire1all I have found no matters that requir¢ drawing to your attention. T. Vlnt FCCA For and on behalf of SM Vlnt & Company Chartered Certified Aetollnlants and Registered Auditor 17 July 2024 8 Newiy Road Banbrfdge BT32 3HN
Tanvalley & Anaghlone Projee¢ AnAual reportfor Éheyear ended 311 Ivovember 2023 Page 9 Statement of Financial Activities Note Unrestricted Restricted funds funds Total 2023 Tothl 2022 Incoming reSOllrees Donations and legleS Charitable activities Collaboration Partnership Agreement Prior year adjustment 4,441 4,441 10,152 10,152 457,750 457,750 3,274 9.901 357,000 Total ineomSng resources 4,441 467,902 472J43 370,175 Resources expended Direct charitable expenditure Govemance costs Collaboration Partnership Agreement Prior year adjustment 24,819 1,738 24,819 1,738 457,750 457,750 21,142 910 357,(X)O Total resourees expended 26.557 457,750 484J07 379.052 Net movement in funds (22.116) 10.152 (11,964) {8.877} Reconciliation of movement in fuDds Fund balances at 1st December 2022 Nd movement in funds for the year 60,559 (22,116) 32,518 93,077 10,152 (11,964) 101,954 (8,877} Fund balance5 at 301b November 2023 38,443 42,670 81,113 93,077 All amounts above relatc to the continuing operations of the company. Thc company has no recognised gains and losses other than those included above and therefore no separate statement of total recognised gains and losses has been presented. There is no difference between the net movement in funds for the year stated above, and their historical cost equivalents.
Tanyalley & AKcghloneProJeet AAnuolreportlortheyeaY ended3iP Nmvmber 2023 Paze io ststement of Financial Position (Balance sbeet) No¢¢$ 2023 2022 Ftsed assets 94J17 106,676 Current wets Debto C89h &t bank and in hand.. Bank Rccount Pety ¢ash 12 $50 1,097 9.803 7,631 10,653 8,728 Credltorg.. amounts falling due within one year 13 (23l57) (22J27) Net curr¢nt assets {13 304) (13 599) ¢t aysets 93,077 Fundx employed UltrIcted funds Rastricted 81,113 93.077 81,113 93,077 Approved by the board and 8igD¢d on its behalf by: Paul Hampton Dlreetor Mark H]Ibs Dlreetor Iyb July 2024 Registration number N1621678
Tanvalley & Anaghlorte Project Annual reporifor theyear ¢Aded 3171 November 2023 Page 11 Notes to the accounts Accountlng policies Basis of accounting The accounts have been prepared under the historical cost convention and in accordance with "The Financial Rq)orting Stsndard applicable in the UK and Republic of treland" FRS 102, the Accounting and Rcporting by Cklarities: Statement of Recommended Practice applicable to clwities accounts in the UK and Republic of Ireland (FRS 102). the Compallies Act 2006 and the Charities Act (Northern Ireland) 2008. Income All incoming resources arc rQgnised in the Statement of Financial Adivities when the conditions for receipt bave been met and there is re&8onable assurance of receipt. When an incoming resource rclating to a future accounting period is Tcceive(L the amount is treated as defeed income and it is includcd within creditors in the balance sheet. Funds Tanvalley & Anaghlone Prnject has various types of funds for which it is responsible and which require separate disclosure. These are as follows: restricted income fimds: income which is earn]arked by the donor for specific purposes. Such purposes are within the overall aims of the organisation. and unrestricted funds.. funds which are expendable at the discretion of the management board in furtherance of the objects of the organisation. In addition to expenditure on education or services, such ftmds may be held in order to fllthnce capital investment and working capital. Costs Management and administration costs relate to the costs of running the organisation such &8 the costs of meetings and accountancy and include any costs which cannot be specifically identified to another expenditure classification. Depreciation Depr¢ciation is calculated to write off the original cost less the estimated residual value of the fixed assets on a straight line basis over their expected useful lives, as follows: Freehold Property Fixthres and fittings Computer equipment Straight lin¢ over 18 years 20 20
ranvalley & Anaghlone Project Annual reporlfor theyear ended 30 November 2023 Page 12 Notes to the accounts (cont'd) Income from Donations and Legacies Unrestricted funds Restrleted funds Total 2023 Total 2022 Incoming resourees Donations 280 Other Income 4,441 4,441 2,994 Total incoming resources 4,441 4,441 3,274 Income from Charitable Activities Unrestrlcted funds Restrieted funds Total 2023 Total 2022 Incoming resources ABC Counctl 1,912 1,912 2,171 AIVC Small Grants- Limavady Community DAERA 1,390 530 1?90 530 1,861 900 Ulst¢r-Scots Agency Co Operntion Ireland Community Foundation 4,969 6,320 6J20 Total Inconllg resources 10,152 10,152 9,901 Collaboration Partnership Agreement Unrestritted funds Restrleted funds Totsl 2023 Totsl 2022 Ineomfing resourees AFCTF 457,750 457,750 Other Income Total Incoming r¢50urces 457,750 457,7YJ
TanTIleY & Anaghlone Projecl Annual reportfor theyear ended November 2023 Page 13 Notes to the accounts (cont'd) Analysis of Direct Charitable Expenditure Unrestricted funds Restricted funds Total 2023 Total 2022 Direct chydritable expenditure Rent Insurance Telq)hone Post and Ststionery Event Expenses Repairs and renewals Computer Costs DonatioJL8 Sundry expenses Legal and Professional Fees Depreciation on Freehold Propety Depreciation on ftureS and fittings Depreciation on Computer equipment Total direct charitable expenditure 2,000 1,609 519 2,000 1,609 519 2.000 1,558 419 91 837 2,845 511 3,456 1,642 300 3,456 1,642 300 184 2,750 11,161 251 947 24,819 184 2,750 11,161 251 947 24,819 396 11,162 313 I,oio 21,142 The average number of employees duTing the year was nil. Analysis of Governance Cost Expenditure Unrestricted fund8 Restrieted funds Total 2023 Total 2022 Govern2Dce Costs Accountancy Audit General expenses AGM expenses Total management and administration 1,738 1,738 910 1,738 1,738 910 Collaboratlon Partnersblp Agreement Unrestrieted Reslrfieted funds funds Total 2023 Totsl 2022 Outgolng expendlture Ntvso Other Expenses Total outgoing expenditure 457,750 457,7511 457,750 457,750
Tanvallry & Anaghlone Proieel Annual reportfor theyeor ended 30 November 2023 Page 14 Notes to the accounts (cont'd) Remuueration Totsl remuneration paid to the board members during the year was £0 (2022 £0). Expenses paid to board members during the year amounted to £0 (2022 £0). Net movement in funds 2023 2022 Iyet movement In funds Is stated after tharginpJ(creditlng): Auditors, remuneration audit services Depreciation on tangible fed assets 12J59 12,485 10. Taxation No provision for taxation is required as the organisation has cbaritsble status approved by the Inland Revenue. 11. Flxed assets Freehold Fixthres Computer property & fittings equipment Total Cost At ISI December 2022 Additions Disposals At 30tb November 2023 200,910 3,462 5,050 209,422 200,910 3,462 5,050 209,422 Aceumulated depreciation Ai 151 December 2022 Charge for the year Disposals At 30th November 2023 98,138 11,161 2,207 251 2,402 102,746 947 12,359 109,299 2,457 3,349 115,105 Net bookvalue At 301b November 2023 At 30 November 2022 91,611 102,772 1,005 1255 1,701 94,317 2,784 106,676
Tanvalley & Anaghlone Project Annual reportfor theyear ended 30 November 2023 Page 15 Notes to the accounts (cont'd) 12. Debtor5 2023 2022 Prepayments and acCd income 850 1,097 1,097 850 13. Creditors 2023 2022 Trade Creditors T&xation and social security Other creditors Accruals 925 209 22,073 650 21,677 650 23,857 22J27 14. Guarantors Tanvall¢y & Anaghlonc Project is a company limited by guarantee and it does not have share capital. Every member of the Bureau undertakes lo contributc to the assets of the Bureau. in the event of the same being wound up while he is a member, or within one year after be ceases to be a member, for payment of the debts and liabilities of the Bureau contracted before he ceases to be a member and of the costs, Charges and expenses of winding up and for the adjustment of the rights of the contributories among themselves, such amount as may be required not exceeding £1.
Tanvalley & Anaghlone Project Annual reportfor theyear ended November 2023 Page 16 The following schedules do not form part of the audited statutory accounts of the company
Tanvalley & Anaghlone Proje¢l Annual reportfor theyear ended 31yh November 2023 Page17 Detailed Statement of Financial Activities Unrestricted Restrfieted funds funds Tot 2023 Total 2022 lllcome ABC Coun¢il AICV Small Grants- Limavady Community DAEIL4 Ulster-swts Agency Co Operation Irel Community Foundation Donations Other Income AFCTF Prior year adjustm¢nt Total ineome 1,912 1,912 2,171 1.390 530 lJ90 530 1,861 900 4,969 6,320 6,320 280 2,994 4,441 4,441 457,750 457,750 4,441 467,902 472J43 370,175 Direct eharitable expendithre Rent Insurance T¢lephone Post and Stalionery Event Expenses Repairs and renewals Computer Costs Donations Sundry expenses Legal and Prof¢&sional fees Depreciation on Freehold Prop¢rty Depreciation on flureS and fittings Depreciation on Computer equiptnent Total direet ¢haritable expendllure 2,000 1,609 519 2,000 1,609 519 2,000 1,558 419 91 837 2,845 511 3,456 1,642 300 3,456 1,642 300 184 2,750 11,161 251 947 24,819 396 2,750 11,161 251 947 24,819 11.162 313 21,142 Governallce costs Accountancy Audit Total mrdnagement and AdmlnistratioD 1,738 1,738 910 1,738 1,738 910 Collaboration Partllerskip Agreement vso Prlor year adjustment 457,750 457,750 357,000 457,750 Total resouree expended 26,557 457,750 484J07 379,052 Net movement on fund8 (22,116) 10,152 (11,964) (8,877)