Home-start Omagh District Ltd
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2023
Achievements and performance
The statement of Financial Activities on page 5 sets out the results for the year.
The trustees, are indebted to the funding bodies for their support and are pleased with the number of
families availing of the services of Home-start Omagh District during the year.
Flnancial review
The company is non-profit making and Ihe members are aware of the sustainable use of resource.
Reserves Policy
The directors of Hom&Start Omagh District Ltd have set up a reserves policy which requires that
reserves be maintained at a level which ensures that the organisations core activities could continue
during a period of unforseen difficulty. The directors consider this figure should be no less than
£15,000 and will endeavour to keep it at this level.
Plans forfuture periods
Home-start Omagh District Ltd plan to continue wtth its currenl undertakings for the forseable future.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to
the small companies exemption.
The trustees, annual report was approved on 4 September 2023 and signed on behalf of the board of
trustees by:
Carol Moore (Chairperson)
Trustee