Llonra Uladh Teo
IA company limit•d by guaiant••, not havlng a shar• upltal)
TRUSTEES, ANNUAL REPORT
for the financial year ended 31 December 2023
The trustees pR$ent Iheir Trustees, Annual R8POrt, combining the DIrecto￿, Report and Tru$te8s' Report, and th
unaudlted financtal statèments for the finandal y8ar anded 31 Oec8mb8r 2023.
The financial slatements ar8 prep8red in a¢xordanco with t￿ Companios Act 2tsJ6, FRS 102 The Financial
R8portiri9 Stsndard applicable in the UK and Republic of Ireland" and Accountlng and Reporting by Charities:
Statement of Recommended Practice applicable to ¢haritie$ preparing Iheir financial stslements in accordan￿ with
the Financial Repoth'ng Standard applicable in the UK and Republic of Ireland IFRS 102).
The Trustees, Report contalns th8 infomation requir8d to bo provided In the Truste8$' Annual R•port under thè
Statsment of Recommended Practice ISORP) guidelinas. Tha truste8s of th8 company arè algo chanty trustees for
the purpose of chArity law and under the companws congtltutlon are kn￿NTr as members of ts LK>ard of Iruste¢s.
In this report the trust8e$ of Llonra Uladh Too pre8ent a surnfflary of Its purFQ80, govamonce, a¢tivltie5,
achiavernents and finan&*s for the finanoal financiol year 31 December 2023.
The Company Is a reglstered charlty and h•n¢4 the report and result• are prgsentad in a fonn whi¢h ¢omplle8 wlth the
requirements ol the Companies Act 20Q6 and, although not obliged to compty with the Statement of Recommended
Practice applicable in the UK and Republic of Irgland FRS 102. the organi$atlon has impiem•nled Its
rncommendalion8 where relevanl in those financial staternanls.
MIs8lon, ObJ•¢tlvu and Slratsgy
Ml$$lon 8tstom•nl
The misslon of the organi88tion is to promote cultural, •conomlc and 80cial .regeneratlon, advance communlty
development and Pr￿n0t8 Ihe rn1Sef of povety and sotyal excluslon.
The principal advity of thè charity is th8 developmont of a purpose-built txoadca8ting, sound recording. media
training aNJ archlving centro as a home for the1ri5h laThJuage ￿MMUnIty radlo sefYlrA, Raidio Failto.
ObJKllve•
Assi3t any d)arltable, voluntary or communlty body or bodie8 which asSi$tance may Include Infomiing the community
of their activiUo8.
Promote Such Ott￿r exclusively charitable purposes in accordaneA with the18w of charity In Northom Ireland ag may
fr¢m tlme to t¥re be d•temiined.
Strategy
The ¢8ntre Llonra Ul8dh, which wa8 ffirst t)ccupi&J in Odober 2018, mak•8 an Importan(8trat4gic contribullon to th•
grovrth of Gaeliacht Quarter economic regeneration plans to the on4olng dev•lopm•nt of an Irish language
media and community infra8truGture.
The Board ol Diredor5 wlsh to keep on remfd our grallludo to the wide range of community and $latutwy
stakeholders who supported the Llonra Uladh capital build projed at 30 Sraid Dhubhaise Icompletsd October 2018) -
In particular Belfast Clty Councll. 08partm8nt for Communities. An Cljte Infh8Sstlochta Gagiige, the Alpha
Programme, Foras na Gaellge, Nl Screen-IL8F, Raldio Failte ¥taff arKI volunteers and tho many cornmunlty
stsk8holders both indlviduals arKI organlsations who supported the capital build. The Board of Dlrectors al$0
gratefvlly acknowledge the contribution of Nl Housing Exacutivo and Department of Infrastructure in relation to
transfer of land In the form of community asset transfer agreements.
Structure, Govom•n¢¢ and Manigeffl•nt
str￿tur•
Llonra Uladh Teo was granted charitable statub by the Charity Commissi¢)n of Northem lrnFand {effecOv• 4 March
2016)
To manage the building phase of the capltal dèveloprnenl, a Memorandum of Understsnding {MOU) vms agreèd
b&fr￿en the ￿pital funding bodles 2nd Llonra Uladh Teo, with the Department of Communrti8s acting As •he central
lunding administrative contact point througkvjut.
Conveyance OF land b&￿ve8n Department of Infrastructu￿ and Llonra Uladh Teo was agreed, dated 13 January 2017,
th Departmenl of Infrastructure havirg res￿nsIbIl￿ for upkeep and repair of the (Westlink off slip) retainlng wall.
The Department of Infrastructure retain (Ight of a¢￿S to the d8mised premises to fulfil this cDnditiDn.

L(onra Uladh Teo
IA compny Ilmltsd by gu•ianl•e, not havln9 a ¥har• capft*ll
TRUSTEES. ANNUAL REPORT
foi the financial year ended 31 December 2023
A 999-year lease dated 6 Oetember 2018 was made b8tt¥een Northem IrelarKI Housing Executiv8 and Llonra Uladh
Teo, eftectlve from 9 OGtober 2018.
A 25.year fvll-repairlnglfull-insuring lease, dated 6 December 2018. was granted by Llonra Uladh Teo to Raldio Failte
Teo. effectsve 9 October 2018. R8idiO Failte Teo ¢¥Jerate the building and extemal areas as an Irish language
community rescurce.
The buildlng defects period was Concluded dunng this fin8nci81 year with all monias duè to the Design Team. 8ullding
Contractor and others now fttlly paid up. Llonra Uladh Teo is cognisanl of orKJoing requirements to ensure that the
buildlng is kept in good repair.
Durirg the COUts8 of the 2020 financial year, 6tep8 were taken to put agreements in place to transfer a section of the
glts on whlGh the Llonra Uladh - Raidio Failte building 1$ located to Divi$ Joint D&vel¢wnent Ctxnmittée. In pursuane4
of thelr charitable obiectlves.
leage agreement was SKJned by the partles IRaldiO Failt8 Teo & Oivis Joint Developmont Committ88) on 8
Novemb8r 2022. with th8 start datè of Ihe18ase being 1 Octob•r 2022 and the ènd date 30 Septsmber 2027. The rent
is £1.00 per annum {if collectsd). The Pemitted Us8 permits the Lessee to Use tho Demised Premises as an
extension of children's play area and small avents area for chlldren's a￿l￿ty or such olh8r use whiGh th8 Lessor
con8entg to in writino.
The Directors of Llonra Uladh Too are s8tisfi•d that thi$ Supp￿ts the mlssion and charitsble oble¢llvos of tho
organi6ation.
Incom•
Ouring the finon¢ial y88r the principle Source of Income was that ¢f rental Income for tho use of the buikllng whl¢h
aecnunts for 011 Income In the a¢counts. Thare wo5 no athlitionAI grant fvndlNJ le￿Ived durlng thi8 finan¢ial y•ar,
Flnanclal Re8ult•
At the end vf tho financlal year tho company has assets of £1,789,88012022 - £1.788,9011 and Ilablllti•¥ of £2,872
(2022- £2,447). The net assets oftha company have decreased by £119,248).
R•serv•8 Po•ltl¢n •nd Policy
The trustees have considered the level of unrestricted ro5gNes the charity should hold AB the bullding was lully
funded by the respective funders, to ba utlllsed in the chaTltles activlties. the Irustees do nol believe there Is a
requirement to hold unrastri¢t8d reser4es. The trustees will ￿ntinue to revlew this policy as the tharlti08 activrties
ontlnug.
TfUgtee•
The Current trugtses are as sel out on page 3
P61 Mac Cana
Maire Nic Fhionnathlalgh
Aine NIG Gearailt
Fergus O'Har8
Gearoid O Cair8allain
In gc¢ordanM wilh the Constitutlon, the tru81oe$ may be appointsd by an ordlnary rewlution OT a declsion of the
directors.
The $ecr•tary who served during th• financlal year wa¥..
Maire Nic Fhionnachtaigh
ComplSance wlth s8ctor.wlde Leglslatlon and StarKl•rds
The ￿MpanY eryage5 w￿9￿1Ve7Y wilh legislation, standards and codes whlch are d•v8loped for the sector. Llonra
Uladh Teo subscribes to and is compliant with the ft>llLN¥irrfJ'.
The Companies Act 2￿&
The Charities SORP {FRS 102)

Llonra Uladh Teo
(A company limitod by guaran￿, not ha¥ln9 a shar• coplt•ll
TRUSTEES. ANNUAL REPORT
for Ihe financial year ended 31 Oecember 2023
Approved by thg Board of Tnffjlo08 on 23 Septemb•r 2024 and 81gn•d on its b•haff by:
Maire Nlc Fhlonnaehtalgh
Trusts•
Tru$tse