Grèysteel Community Enterpris Company limited by guarantee Trustees. Annual Report (Including Ditectorn, RoPOrtI Year endad 30 sept8rnr 2018 The Directors are pleased to present their annual reFQrt together wth the financial statements of the Charity for thè year ending 30 September 2018 which are also ppared to meet the requirements for Dir6Ctors' report and accounts for Companies Act purposes. The finanGial sialements comply with the Charities A¢+. INI) 2008. the Ch3ritles IAttx)UTts and Reports) Regu1aiions INI) 2015. Companies Act 20C6. the IAemorandL6m and Articles of Association. and Accounting and Reporting by CharitEs. Statetnenl of Recommended Practise applicable lo charib'es preparing their acuun15 In accorda?ce wlh the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS1021 (effective 1 January 20151 Directors and trusle¢$ The directors ol the charitsble company (the ch8rtyl are the trustees for the purpose of charity law. The trustees during the year and at the 30 Seplember 2018 were as follows. Joann8 Mcconway Hu9h Nicholl Shaion Proctor IResigneO 121101181 William Bradley IApFoinwl 121031181 FFancis CassKly (Appointed 121031181 Bndget Mullin (Apwinted 12103118} Rosemary O'Donnell (Resigned 051031181 Mary McNicholl Brendan Dowdall (Appointed 1210W181 Alan Hunter Patrick McGinnis (Resigned 121031181 Objects and Actlvltles The charity's objects are specifically restncted lo the fdlowing.. 11 To promote the benefil of the 5nhabilanls of Grejsieel aild the Skj". rounding environs without distinction of age gender. disability sexual orientation riational ty. ethnic iaeniity. political or religious opinion. by association the statutory authorilies ¢orrmunity and voluntary organisations and the Inhabitants in cofnmon effort to aolvancè e¢ucalion. relEve wverty and foi the pieservalion and promotion of good health, and in particular. bul not exclusively.. to provide recreational ano leisure time activities In the Interests ol social welfar¢ fcsr re¢realion or other leisure-lirne occupation. wrth Ib.e object cf Improving me condithons of life lor the said inhatsilanls,. to prov1de childcare faeilities meeting rwms :raining. coqference an¢ other facilities lof the benefit of the community". to provide programrnes of education and sport to develop the capacty, capability and skills of young people lo enable them to participate in society as independent. mature arHJ responsible indNiduals. 21 The promotion for the benefit of the public of urban or njral rngeneration in tha SiallY and economically deprived area of Grgysteel and ils surrounding environs by any of the following means.. - the Grealion of employment opportunilies by the Pfovisson ol workspace. building5, ar¥Jlor land for use on lavourable lerms". the provision ol fecreational facilities lor the public al large or Ihose who by reason of their youth, ago. Inhrmity or Qisaoiemenr, fifidl ILlcll Ildlublllp aiiLI knvyllylilltr wifoynil+t•f*•••. h•v• ¢1 the promotion of public safety prevention of crime. Page 2
Greysteel Community Enterprlse8 Company limited by guarantee Trustees, Annual Report (including Directors. Report) Y#af ended 30 Septèmber 2018 Rovlgw ol actlvltie5 In the past year and plans ft>r the fvturn During the current year the Charity contsnued lo work lo pursuè its charitable objects in different ways and has carried out the following activities In the past yeaf All of our ourp05es are lor the benefit of the public in the Greysleel and surrounding district without dislin¢lion ol age. gender, disatrility, Sexual orientstion. nationality, ethnic identity, political or religious opinion Health af7d social well-bein9 are still very traI to the work of our Charity and we contsnue to offer opportunities for physical activity through our commL1nity gym and outdoor playing fields. The charity use$ sport as a tool lo promote good relations and tackle sectarianism within our community The charity runs community-ba5ed Ini15atives lo tafgel the margino5ised yOLing people w..Ihin our local areas and use range ol sports to engage them In nstrUCtive activities which they have a passion lor especially during times ol heightened anti-social bohaviour or increased community tensions In the summer months. This Includes summer schemes outreach work. after-school's clubs. football tournaments, extended school's programmes and offenng coachip.g qualifications and training opportunitses tor the unemployed local people The charty also works with statutory bodies such as the l¢xal council and PSNI lo engage young people in particular in programmes aimed at reducing aryli-social behavioijr in the local area. The ¢harity also runs an off the street imilalive which prcsvide5 personal development and physical activities for youth during anti-social hours at the weekends. The charity runs a bespoke timetable of dasses which aims at raducing socisl isolation within our community Examples ol these arè fitness classes for women who are unemployed. craft classes for the elderly. Zumba etc. Vvithout these servjces people have to travel outstde of their own area, which leads to a disconnected community. These servi$ are a lrfeline lo t.hose who use Ihem as often this Is the only time they gel lo engage with others In Ine community. The direct benefit which flows from the preservation and promotion of good health is Ihat local people will be taking part in activities which improves their general phy5Ical health as well as mental health The long-lerm benefil is tlat people's health will be Improved and therefore live a longer happier life These benefits are evi(Jenced through attenQance 8t our various litne5s. recreational aiid social activities In our large Indoor hall and also our fitness suite The direct benefit which flows from the advap.cemenl of education Is that new skills are learned ffom various programmes for all ages. The tsenefriaries are more informed on diffeient subjeGls and will be able 10 apply these new skills We provide meetins rooms and training and conference facilities also for the use ol olher community and voluntary organisations to hold their variou5 training programmes and workshops. While all the community will nave the opportunity to benefit we also aim lo have specific ourses aimed al young people to help oevelop iheir capacity. capability and skills lo enable Ih&m to participate in society as independent. rnatuTr and responsible Individua15 The direct benelii which flows from the relief of poverty is that we are able to provide classes and activities either free or at 3 reduced rate to those who would not otherwise attend through lack of means. Our priority Is Ihe benefit of all the community. and those that are least able to afford lo attend our acb'vilies are quite often those that would benefit the most. The direct benefits which flow from the promotion of urban or rural regeneration In this socially and economic31.'y deprived area indude the ". eli81 Oi unemployment by Providing retail units and workspace on favourable terms so that new businesses will be Jttr3c:ed to the area. leading to better job and employrnenl prospacts In the local aw. We aim to ¢50 our best to encourage new businesses lo l¢xate at one ol our park5 Page 3
Greysteel Communlty Enterprlsos Company Ilmited by guarantee Trust•es' Annual Report (includlng Directors. Reporti Year ended 30 September 2018 In order lo achieve ils largels of assistip.g those In need the Charity musl continue to maintain and strengthen Its financial positOn Tts Ih1s ené the Charity car. report that this year it has produced adequate resource5 and has reported a small surplus (after removing depreciation chargesl on Its ongoing chariiable activilies. Reserve8 pollcy The ctireelorsiirustees have reviewed the reserves of the company. This review encompassed the nature ol the Income and expenditure strearns. the need to math variable income wth fixed commitments and the balance and nature of the reserves themselves. The directorsjtrustees have forecast the leve5 of free reserves (that Is those funds not Iled up in fixed assèts and designated and tricted funds) that the charity will require to sustain its operations and meet ils financial obligations over fvture periods. They are sabsfied that the reserves held are more than adequate for these purposes and will contrnue lo monitor and rèview the hjnds held to ensure that the existing and future chafilable activities of the organisalion can be funded from its resources. Rlsk managernent The directors have examined ttte major strateg5c business ano operational risks which the charity faces and confirm that systems have been estsblished 10 enable regular reports to be produced so that the necessary steps Can be taken tr) lessen Ihese risks. Committees. where appropriate, have been estsblished to cover all risk areas and these commrtees report regularty w the Board of Directors. Employee involvement and employment of the disabled Employees have been consulted on issues of concern to them and have been kept Informed on specific matters directly by the Board In accorttance with Ihe charity's equal opportunities policy, the cnarity has established fair employment practices in the reGruitment. selectson. retention and trainin9 of disablèd staff. Statement of Dlreetor5 Responslbllities The charity trustees (who are also the directors of the Greysteel Community Enterprises for the purwses of cornpany lawl are responsible for preparing a trustees. annu31 report and financial statements in a¢¢ordan¢e with applicable18w and regulations Company law quireS the directors to prepare financial Statements for each financial year. Under that law the dire¢iors ttave electeLI to prepare the financi81 statements in 8¢cordance with United Kingdom Generally Accepted Accounting PraGtice (United Kingdom Accounbng Standards and applicable lawl Under company law the trustees musi not approve the financial statements unless they are sakn'sfied that they gwe a true and fair view of the state of affairs ol Ihe cornpany and ol the profit or loss of the company for that year. In preparing these the directors are required to. select suitable accounting policiès and apply them consistentty.. make judgements and eStI.ateS ihal are reasonabl¢ an¢ prudent,. observe the methods and printiples in the Charities SORP" State whether applicable UK accounting standards have been followed. subject to any material ¢JepartUTes disclosed and explaineé in the financial statements,. prepare the financial statements on the going concem t)asis unless it is Inappropriate to presume that the company will continue in b¢Jsiness. Page 4
Gyeysteel CommLtntty Enterprises Company limited by guarantee Trugtges. Annual Report lincluding Directors. Reporti Year ended 30 S&plemr 2018 The directors a responsible for keeping adequate accounting recofds that are Sufficient ro show and explain the company s Irangactions and disclose ivilh reasonable acGur8cy at any lime the rinancial position of the company and enable them to ensure that the financial slalements comply with the Companies Act 1985 They are also responsible for safe9uarding the assets OT the company and hence for taking reasonable 51eps fof the prevention an¢J detection of fraud and other Irregulanties. In so lar as the directors are awdre". there 15 no relevant audit Inforrnation linformab.on needed by the company's auditors in connection WTth prepanng their reportl of which the company s avdilors are unaware. and the d1CtorS have taken all the steps that they ought lo have taken lo make themselves aware of any relevant audit information and lo estsbSish that the company's auditors are aware of that Infomalion Auditorn Fergus McAieer & Co are deemed to be reappoinied In acrordance with SeGIKJn 487{21 of the Companies Act 2006 Small company provlslons This report has been prepared in 8c¢ordance wrth the provisions applicable to companies entitled to the small companies exernptn. These financial statements were approved by the board ol directors and authorssed for issue on 18 December 2018 and are signed on behalf of the board by rendan Dowdall Director 18 December 2018 Page 5