Groyst¢¢l Community Enterprls•s
Comp8ny Ilmltèd by guarantee
Reglstered number..
N1029941
Trustees, Annual R•pr*rt
Th& trustees are p18a5ed to present thelr annual report tog8therwlth Ihe financial ststements of the chartty forihe year endlng 30
September 2023 whlch are a180 prepsred to thè regul￿ments for a Dlwtors, report and accounts lor Cornpanks Act
PL￿88￿.
Th8 organisation ts a charitable Company Ilm6ted by guarant88. incorporated on 12 Septsmber 1995 and ig fecognised 8$ a
charlty by ihe HMRC. The govamlng docum8nt is 8 Momorarnlvm and ArUc18s ofA$80clation, updated 86 of 131h April 2015.
The flnanclal ststements Comply wllh thg Ch8riti8s Act INII 2CwJ8. th8 Chariles (Accounts and Reports) Regul8tv)rts INI) 2015,
Cuwnpallles AGt 2(X)6, lh8 Mernorandum 2nd Artths of As$0¢￿tk)n. and AcccyJntiThJ and RepDrting by Charibes.. Statement of
RgGDtninend8d Pracb88 applicable to Gharftie$ preparfng thelr accounts In accurdance with the FinancL91 Repoiting
Stsndardapplicable In the UK and Republlc of Ireland IFRS1021181F8ciwe 1 January20191.
Obi8clivo5 and activitl•s
ThB charity's objects a￿ $￿ClAra1]Y reStr￿ted lo ￿f011￿￿￿..
11 To protnote thB btnÈfit of the Inhabi￿nts of Greysteel and Ihe surroundlng 8nvirons without distir]ctiDn of age, gend8r,
dis8kn￿y, sexual orientabon, naibnality, eihnlc Iden1ity, w11t￿l or religious opinion, by association the Ststutory yuthoribe5.
community and voluntary organlsattons and th8 inh&btsnts in a Gommon effort to advance educatlon. tBlleve Fxmrty and for th8
preservallon and prorn0t￿n of goud healih, and In parfcular, but not exdus￿ety."
to prDvido fycmtional and lelsure Ime activltles in the inlBrests of sotial wellarg for recreationor other leIsu￿.￿me oc¢up8tion,
wth Ihe oblectof Improvlng ihp C4)￿￿￿0￿5 of life for Ihe said inhabrfarts..
provlde childcaré frdcilthes, mÈètrng rooms, trainlTrJ. confern￿e ano Oiherfaclllllas for th8 ben8fiiof the Gommunlty..
tr) pro¥id8 progrdmrnes of edu¢atlon and sport to develop th8 capacty. c8P8bility and skills of young pgople Io 8n8blB Ihem to
partk1pa￿ In so¢iety 8$ Indepgndent, mature and responsible inOivvj￿L%.
21The promots'on for the bonefftof Ihe publlc of u￿an or njrydl ￿gene￿￿n In the soclally and 8conomiG8lly d*pfv￿ area of
Greysteel Its surroundlng anvirons byany of Ihe folkwlng means..
the creatbn of employment opportunitie5 by provi&on of w￿rk$pa￿, bulldthg$, andlor land for use on fvvourable teym&
g provl8lon of recreational facilthss forthe publ1¢ al brge or those wltr) by r88son of their youth. age, Inflrnw ordlsablemeffl,
fillanci81 hardship or so¢lal and economlc clrcum5tsnc85. ha￿ npad of such tscllStles-,
the promolon of publlc safety and preventKsn of crime.
Revlewof actfviti88 in th• past y•ar and plans forth• futur•
Health and SDclal w811-balng are still vary central to Ihe work of our¢harttyaThY we continuo to cfter Dpportunlugs tor physie41
activty through tsur communlty gym and Outdoor playiro fi?￿S. Th8 charty uses sport as a tool to promote good rebbons and
tackle sectarfanlsm w￿h1n our community. The charity runs communlty-based Initsatbves 10 targei the m8rglnalls8d young pèople
wihin our IcKal areas and u$8 a range of Sports lo ￿gage them in unstructive a￿v￿eS which they hav$ a passion foTe$pe¢lally
during bm&s of helghtened antl-$oci81 behavlour or Increas8d communlty tensions in the summer months. Thls Incl￿￿￿8 summar
#thom￿ outreach work. after-school's clubs, lootball toumoments, ertended school's PTogramrn85 snd offsring o)a¢hing
qUg1ifi(2fjons and training opportunities for the unempbyed local people. The charity8lso woths with ststutory bodles a$the
local council and PSNI to engage young peopta in parbTrthar in progr8rnmes aimed at r8duclng anti-social beh8vlour in Ihe ¥x31
area. The charty also run5 an ofF Ihè street imitative whlch provldes personal development 8nd physlcal 8cbvtsS foryoutt) durfng
ant￿¢￿al hour5 at the wpekends.
Tl* charfty runs 8 bgSPDke timetabl& of c￿sseS whlch alms at redLKlng sowl Igolalon wfthin our communty. Examples of these
are fitntsss class8s forwomen who are unemployed, craft dasEe8 for the 8ld8dy. Zumba etc. Witho￿theSe 8ervlces peotkn hav
to tfavel OLrtslde of thelrown area, which ￿£d5 to a di5GonneGiBd community- These ￿r¥1Ge8 are a I￿eling to those them
agoften this is the only tirne they gBt to engage others (n th8 communlty- direEt which fiows from the preseNatson
nd promots'on of good health Is Ihat Ioc81 peoplewill bp tsknng part ￿ activitieswhich improves thelr general physlcal heath 85
well as mental health. The long-lerm bBn£fit is Ihal p80p￿'S health will be ifflproved Iherefore liva a k)ng8r happBr lrfg. Tlwe
bet￿ts 8rg evidèrtcèd thrDugh attendance at our varkws fthess, ￿￿ea￿Onal and Social activitie5 in our krge Indcx)r h811 and
8180 our fitness suite.

Greysteel Community Ent•rprfses
C¢mpany limit￿ by guarantee
R•gist•r•d numb•r.'
N1029941
Trustees. R•port
Thè dlréct benefftwhkh flow8 from th8 advancementof educatbon15 th8t new skQL$ 8rè1è8med from v8rtou$ programmes for sn
agg$. The b8neficiari85 ar8 Mo￿ informed on dffferent subpGts 8nd ￿11 be able tr) apply th98a naw skills. We provhlg meetiiig
r¢omsand trhining and confergnG8 faGilitiE5 also for￿ use of olhgr communtty8nd voluntsry organlsalon8 to hokj tholrvark)us
tralnlng programmes and workshops. Whlle 811 communitywill havethe opportunty to ienaflt W9 81s0 aim tc+ ￿ve sp8rAf
Gryjrses aim8d at young people to h91p develop ￿&r¢apacIty. capability and 5kill$ to enabla them to P8rWclpate In Society a$
lrnleperNlgnt, matur8 8NJ responslble IndI￿d￿818.
The dlr8Ct benefitwNch flow8 from the r8l*f ol poverty Ls thatwe are ab18 to provrde d8S58s and aclvwes eltherfree orat8
du¢ed rats to thos8 who would not otherw188 8tt8nd through kk of means. Ow prlorty Ls the b8nèfitof all lh& u)mmuThty. Bnd
Ih058 that are kast able to afford to 8ttend our aCtN￿&S are qvlts oflen thatwould benefii the most
dlrect b8r*ffts which flow from the pronK)Jon ol urban or rur81 reger￿ratiOfi in this s¢xially and economlcalty dBprwed a￿a
irflude the re119f of unèmployment by provldlng r8tsil units and wortspa¢e on favourable terms so that n$w businesses wlll bè
attracted io the a￿0, leadlng to b&tt8rjob and employment prospects In th8 Iccal a¥88. We gim to do Dur best io enctsura￿ new
tjj¥n8S￿ to bcate at on8 tsl our parks.
In ordorto #chieve Its tsrgets of a$￿sting those n88d th8 charity rnustcontinue to malntaln an(t $tr8ngthen its financèl rmthn.
To th18 end th8 charity can reportthat Ih18 y88r it has prCxJu￿d adequate re*)urces and has reported a small surplus (alter
moving deprerjadon charge51 on its Qngolng ch8rhabl& aclvhie5.
Future Planning
Tr GCE Board staff tsam conlnued lo plgn for the loryr term during 2023, worf(Ing hard to rn81n18in optimlsm and
strate9t vlslM In Ilne wlth our foundlng prfnclp185 and chortsbk oblefAs.
GCE 18 W811 pL8C8d and ready to tske our plan5 forward and in the next 12 months we alm to..
o Green. by adapting our anèrgy use and recyclkng *lvllies'.
ExparKf our ¢ommunty outreach progremme to reach even more People, p¥ovK11ro communty coheslon, skills developmenl,
obJ8r peO￿8'S projects and youth tralnlng,.
elbver MO￿ physl¢81 fitngss cLqs88s for p8ople of all abllllbs- and
Establlsh the larg851Airdornè in Northem Ireland forindoor 5POrt5 8r¥J events.
(￿r Alrdome prolect eXGiting 8nd ambluous. and alms to PLrt Greysteel on Ihe map a8 a centr8 ol physical act￿ty, 8POrts thb
trainirg and Communty togethgmess. We are devgloplng our pLgrts ￿ partnèrship local and central gDvErnrngnt wllh
other lo￿1 groupi, festivals and the communlty.
Wa 8rg optimistic about our lLrtU￿, and are committad to continue lo bulld on our strerYJlh$ - the local communty. thè next
ggner8ti0n aThJ d￿vIng oplmlsm In the fas0 of ChaI￿n￿."

Greysteel Communlty Ent¢rpris•s
Company Ilmited by guarants•
R•gistsr•d number:
N1029941
Trust•8s' Annull R•port
Benefits totha end us•rs and wldw Soclaty
The dlrectors are satisfied Ihat thp performance ofthe eompany durfrva th8 year. In tsnns of b¢)th finan¢lal and op8ralonal resutt5,
is in the charity's constitution and key obJÈctives.
Flnanclal revlew IlncludinB res•rws poli¢yl
The loss for th8 year was £35,778130 Sept 2022- k)ss £29,8201- T4)tal lunds Ènd reserv8s at the etvj of the fironclal year
wBre £2,886,92012022- £2,922,E981.
The Irustees h8ve rÈvi&wed thB reserves of the Gompany. This encomp8ss&J the na￿re of tre inccme and ey4)enditurè
S￿rn$. tha n88d to match varfable income wth f￿ad commitments and the balance and nature of the reservos thgm58lv8$.
trus*es have forecast tha18vel cf free reswves (that 1$ Ihose fvnds notffjed up in fixad a￿ts and d8signat8d and rèstrthd
fvnd81 Ihal the charity will rèqui￿ to sustsln Its operalons and its finanoal obllgalons ov¢r futum periods. They 8re sati8fied
that the wserves held more Ihan 8de4uat8 lor th0$0 purposes and wlll conbnue to monttor r8vlew thB fvnds held lo
en$￿￿ Iliatthe exisJng and fLrture Gharitable activ￿￿6 of the organ18alon can be funded from hs r8sourcE5.
Rlsk fflanageThnt
The directors hsvè eNAmlned the rn8￿r strat8*. buBin8Ss aThJ operathonal rfskswhlch Ihè charftyfaces 8tNI confinn that SySt8m$
have been estsbll$hed to enabl8 regular rgports to be pr￿￿￿￿d so that the ne¢essgry $tsp8 can be tsk?n to16ss8n these risk8.
Committ88s, where Bpproprkts, have been estsbllshed to cover all dsk areas and thes8 committees report ￿guladYtrJ the b08rd
of d1￿clor8.
Plan$ lorfulur• porlods
There a￿ no s¢nlfiLsnt changes p18nn8d for the lorthcoming financial year. The tsu$¢8es wlll continue to govem the company In
Ilne wfth the conthball In ordar to achièvè tf* objedves noted above.
Strucwre. go¥•rnanc• and manag•m•nt
Thp Gh8rity is a Gharitable company limltecl by guaramee.
¢tsrity is govern8d and man8ged by the board of dlrectrjrs. The dtrector5 who $￿Ved the company throughout Ihe year ar8
shJwn on pag85 18nd 2, t￿ether wlth detAils of thp ￿gl51er8d ¢)ffits other professional advlsors.
Th8 IK)ard of dlrector5 carry out their governaKe role IhT0ug￿)thl the year by way of rn6eting5 every e weeks trj revlew Ihp
perfortnancÈ of Ihè company and to make declslons regardlng Ihe company'$ ffinancial and 0￿rational matter5_ The d￿eCIorS
govern Ihe aGlivWes of the compsny In line with the objBGtivos set out In the govemlng doGuments of the charity. narrely the
Memorandum and Arbcles of Asseaats'on and tt)e charitys consblutson.
DTM¢tors
directors I￿0 also the tru5tvosl WIK) seNed the comp3nydurfw ihe period were as follaws..
Paul Bradley
Gary Nlcholl
Joanna Gray
erk1k Mullln
FrancLq C88shYy
. Pauline Mcconnellwg
Natasha McNKholl (Appointed 28th ju￿ 20231
Hugh NKfK)11
Shella Duffy (Re$Ign￿ 25th Avgu*l
Jull8 B8lhYood (Resigned 30th January 20231

Greysteel Community Entorprls•s
coM￿nY Itmit¢d by guarantee
Raglst•red number..
N1029941
Truste￿. Annual Report
T￿￿te@s. respon6lbllhl85
e trustees, who ar8 8150 tha dir6¢tor$ of the c¢ynpany. s￿ re$ponslble lor p￿p9rfng the Annual Report and the financlal
statsm8rts in acGordan¢e wth appllcab18 law 8fKI fegulatson5.
Company law requires thg trust88s trj pr8pa¥e ffirtanGlal ststements for each flnanclal y88r. Und8r Ihat law the trijstees have
Ètgctad trTr p￿par8 th8 financial statements in aw0rdar￿ wlth United Kingdom Generally A¢¢epted Accounong PraGtkE Iunitgd
ltingdom Acc￿j￿11￿ Standards and 8pplwbl8 lawl. fi[tar￿￿1 statements are requlred by law to give s true fair vtthv of
the stsEe of aftalrs of tha company and of the profilor loss of Ihe company forthat Perfod. In preparino lhasa financi815tstemonts,
the trust885 are r￿Uired to..
- ¥elect SL¢ltable accounting PDlitiÈs and then appty Ihem conslstenfv.,
- m8ke judg8rnents and 8stimates thal arg r8asonabk and pwdent.,
prepare the finan¢lal ststem$nis on the golryJ concem b￿S unl85S it is inappropriate to p￿SUM8 that lh8 comp8ny wl
¢ontinU• In LMJ$ine$$.
Th8 trust8e$ ar8 rosponsible for keeplng proFer awounting records that dfjs¢k)8e wlth rea80n8b￿ ac4uracy at any ￿rne I
nanclal posltlon of the compsny and 8nable tr￿M to ensure that the *nandal ststements comply wth the Companie5 Act 2006.
T￿Y are a150 responsible for sefeguardlr¥J the assets of the ¢ompany and hence for tsklng r8a50nabl& steps for the prevenlb)n
and deteclfon offraud and 0lh8r [r￿gUlarfue%
Dlsclosure of lnforniation to the auditors
We, thE diréctors of the Gompany who held offKB 8t th8 dats of approval of these financlal $tatsments as sei otrt abjve each
confimi, 80 far as we are 2war8, that..
there Is no ￿leVant audlt Informatron ol wh*hthe companws auditor is unaware.. énd
- the dlrectors have 18ken 811 steps that thay ought lo have taken to make themselves aware of any rel8vant hudit informatlon
arKI kn e51ablish thatthe audthr is aware ol that Informatlon..
Audltor
SJK ChartÈrÈd A¢￿￿tants are deemed to be ￿aPpoInted under 88ction 487121 ofttk Cornpanies Act ZDO6.
Yrnll conw8ny exemptlon5
his rewrt hds beèn prèpargd In ac￿rdenCe wlth Ihe special provlsK)ns for small compani85 und&r Part 15 of the Comp8nl8s
Ac12006.
In approvlng the Truste85' knnual R8porL we also approve the Stral8glG Report IrKlud8d th8rèin, in ow capaclty as company
dlrectors.
On behaWofth8 Board
Wllllam Brndlty
Dlre¢tor
Apwoved by th• bggrd of dlr•ctorn on 19 June 2024