Brackfield Old School Ltd Company Llmlted by Guarantee Trustees, Annual Report (Incorporating the Dlrectorfs Report) Year ended 31 March 2024 The Injstees, who are also the dlrectors lor the purposes of company law, present their report and the unaudited finanri81 slatements of the charity for the year ended 31 March 2024. Reference and admlnlstratlve detalls Reglstered charlty name Brackfield Old School Ltd Charlty reglstratlon number NIC103615 Company regl8tratlon number N1039228 Prlnclpal offlce and reglstered The Old School Hous8 offlGe 2 Foreglen Road Klllaloo Londondery 8T47 3TP The trustees Mr M Smith Mrs J Pollock Mr C Pollod< Company secretary Mrs Joan Pollock Independent examlner Arthur McFartand W.S. Slerritt & Co Carton House 15 Ebrington Terrace Londondery BT47 6JS Structure, governance and management The organisalion is a charitable company limited by guaraniee, incorporated on 6th September 2000, accepted as a charity by HM Revenue & Customs, reference XR42018 and registered with the Chanly Commission for Northem Ireland on 16th October 2015, charity number NIC103615. The company was incorporated under a Memorandum ofAssocialion which established the objects and powers of the charitable company and is governed under its Artides ol Assoaalion. In the event of the company being wound up members are required to conlnbute an amount not exceeding £1. ObJectlve8 and actlvlties The principal aciiwiies and objeds of the tharity as per the o)mpany's Memorandum are ' to promote the benefit of the inhabitants of Killaloo and Claudy and the Suound1ng area of County Londonderry by provision of premises utilised as a community hub. The chanly trustees have had regard to the public benefit guidance issued by the Charity Commission for Northem Ireland.
Brackfield Old School Ltd Company Limited by Guarantee Trustees, Annual Report (Incorporating the Dlrector's Report) fconllnu¢d) Year ended 31 March 2024 Achlevements and perfomiance The community hub provided by the charity continues to be well ulilised by local chariti85 and community bodies. The charity has continued a policy of improving and maintaining the fabric of the building. Flnanclal revlew The results for the year are contained in the finanaal statements attached. For th8 current year amounts received in respecl of rental charges for the use oflhe community hub by other charilies and communlty bodies were in excess ol expenses incurred. In accordance with the charity's reserves policy this surplus has been transferred lo designated reserves. Excesses of incorne over expei)diture in any financial year are transferred to a designated reserve in orderto provide sufficient reserves to conducted improvements and repairs to the charity's property when required to ensure that the building is of sufficient standard for its conlinued use as a community hub. Small company provlslons This report has been prep8r8d in aCrdance with the provtsions apFlicable to companies entitled to the small companies exempiion. The truslees, annual report was approved on 9 April 2024 and signed on behalf of the board of trustees by - PaocL Mr M Smilh Trustee rs J Pollod( Trusiee