Annual Report for the year ended March 31st 2023
1 Achievements and Performance
The work of Clanrye Abbey Developments (CAD) was limited in the year April 2022-March 2023.
The board continued to examine the options of creating channels of funding in order to run a further call for funding for local organisations. The Chair continued to investigate the possibilities that we may be able to work in collaboration with the local Council to help to compliment the work undertaken to date by CAD to assist local community organisations and also respect and enhance the built environment of Newry. Any funding requests from local organisations were brought to the board and discussed fully and approved via email. A cheque for £5K was issued to Newry Gateway for further improvements to their space.
2. Board Correspondence
The board was kept up to date by both the Treasurer Brendan Jackson and the Company Secretary Jane Magill on any correspondence and updates received by CAD. Any information relating to the finances of the organisation were distributed to all board members and the board made decisions on any funding requests via email.
The following positions within the organisation are held by:
Michael Savage - Chair
Brendan Jackson - Treasurer
Jane Magill - Company Secretary
3. Financial Review.....
See Year ended March 31st 2023 attached
4. Reference and Administrative Details
All correspondence is forwarded to the charities registered office c/o Daly Park , 6 Trevor Hill, Newry
5. Charity Name
Clanrye Abbey Developments
6. Charity Number
103871
7. Principal Address
The registered office address
c/o Daly Park,
6 Trevor Hill,
Newry
Co. Down
BT34 1DN
8. Charity Trustees as of March 31st 2023
The Trustees as at the 31[st] March 2023 were:
Mrs Ciara Blaney
Mrs Katharine Jane Magill
Mr Brendan Jackson
Mr Michael Savage
Mr Frank Feely
9. Other Charity Trustees in the year to March 31st 2022
Non applicable
10. Advisors
Accountants : Daly Park & Company Ltd Chartered Accountants 6, Trevor Hill Newry, Co.Down BT34 1DN Bank : First Trust Bank 42-44 Hill Street Newry, Co.Down BT34 1AU Solicitors : Rafferty & Co Solicitors 83 Hill Street Newry, Co.Down BT34 1DG
11. Structure, Governance and Management
Mr Michael Savage – Chair / Director
Mr Brendan Jackson – Treasurer / Director
Mrs Katharine Jane Magill - Company Secretary / Director
Mrs Ciara Blaney - Director
Mr Frank Feely - Director
13. Trustee Selection and Management
The Directors of Clanrye Abbey Developments are Trustees
14. Objectives and Activities
To promote the general good of the community in Northern Ireland by pursuing objects deemed by law to be charitable and in pursuance thereof..
15. Charitable Objects
The charity previously facilitated the provision of theoretical and practical educational and training course in accordance with the government's ACE Training Scheme. In accordance with this scheme, individuals who had been long term unemployed could sign up to a training scheme programme delivered by qualified instructors with a view to enhancing their skill set for the purpose of obtaining gainful employment.
In addition, over the years the charity has been involved in a number of projects concerned with the regeneration of former derelict buildings and sites within the greater Newry area which have resulted in the immediate surrounding areas falling into considerable disrepair.
In recent years CAD has been involved on providing grant aid to local community, charitable and voluntary organisations to assist them provide services in the local area and also to assist in improving the build environment for the benefit of local community, charitable and voluntary organisations.
16. Public Benefit Statement
The public benefits that flow from the purpose of urban regeneration are:
(I) the creation of employment, training and work experience opportunities for individuals living in economically and socially deprived areas and consequently a reduction in unemployment, poverty and hardship, leading to a better quality of life for the beneficiaries;
(ii) increased levels of knowledge and transferable vocational skills of those employees/work experience trainees that are taken on;
(iii) the return to use of previously unoccupied or derelict buildings available to all members within the local Newry community and surrounding area.
These benefits are evidenced through records maintained by various agencies of the number of jobs and work experience opportunities created together with the numbers of those who have successfully completed training courses. Evidence of the benefit is also available from feedback obtained from the local business community as well as the general public further to the transformation of former derelict properties that had previously fallen into extremely poor states of disrepair.
In the past some private benefit had been obtained due to the skills and experience obtained as a result of the management of the various projects undertaken over the years. These benefits are considered to be incidental and necessary to ensure the benefit is provided to our beneficiaries. There has been no private benefit obtained in recent years.