Tullysaran Community Association Trustees. Report The Trustees of Tullysaran Communty Association present their report and the financial statements for the year ended 30 September 2023. The Trustees have adopted the provision5 of A¢counb"ng and Reporting by Charities= Slalemerit of Recommended Prath"ce applicable to charit.es preparing their accounts in accordance wth the Financial Reporbng Standard applicable in the UK and Republic of Ireland{FRS1021. OBJECTIVES AND ACTIVITIES The principal activitses of Tullysaran Community Associats'on are". To promote the benefit of the community of the Tullysaran area and its surrounding rural environs without distinction of age, gender, disabilty, sexual orientation, natr'onality. ethnic identity, political or religious opinion, by associating the slatutory authorities. Community and voluntary organisations and the inhabitants in a common effort to advan education, and to provide facilities in the interests of social welfare for recreation or other leisure-time occupation, with the object of improving the condib.ons of life for the said inhabitsnts and in particular.. al to maintain and manage a community centre in the area of benefit for acts'wties promoted by the company", bl to advance any other exdusively charitable purpose as the directors may. from time to 'me. decide in accordance with the law of charity. Tullysaran Community Association seeks to achieve Ihis objective by lawful means. ACHIEVEMENTS AND PERFORMANCE Tullysaran Community Association ITCAI is an active and indusive community organisation that serves the rural populats.on of Tullysaran and surrounding areas. Currently TCA organise a varied programme of social indusion and health and wellbeing activits'es including physical activity dasses. early years and after school clubs, posibve aging groups, and local fundraising iniliatives. The three main target groups a". Young People Older People Families with children wrth special needs. We ackn¢)wledge funding from the followng organisations". DAERA-Departrnent of agriculture, environment and rural affairs Public Health Agency- CLEAR project Amagh City, Banbndge & Craigavon Borough Council National Lottery- Awards For All
Tullysaran Community Association Trustees. Report FINANCIAL REVIEW Overview The charity incurred a deficl of £21,710 in the year ended 30 September 2023 (2022.. deficit of £22,089). Incoming resources Total incoming resources for the year We £24,875 12022.. £18.026). The charity continues to be thankful for peoples, wonderful efforts and generosity. Total resources expenses Total reSoUrS expended were £46,585 12022 £40,115) for the year ended 30 September 2023. It must be noted that included in expenses is depreciation of the building amounting to £21,54712022. £21,547}- Balance sheet Net funds are positive at £123,493 {2022'. £145.2031 as at 30 September 2023. Reserves policy The charity's policy is to maintain a level of tree reserves which meets the needs of the Company both at the current time and for the foreseeable future_ Free reserve5 are its total funds excluding restricted fvnds, and designated funds. The Company had £14.593 {2022'. £14,438} free reserves at 30 September 2023. Future developments The charity remains true to its founding principles lo promote the benefit of the community of the Tullysaran area". It is hoped that a Youth Club will be set up in the near fvture. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The Charity is controlled by its goveming document. a deed of trus( and constitutes limited company, limited by guarantee, as defined by the Companies Act 2006.
Tullysaran Community Association Trustees. Report TRUSTEES RESPONSIBILry STATEMENT The Trustees are responsible for pparing the Trustees. report and the financial slalements in accordance applicable law and the United Kingdom Accounting Standards Iunited 'ngdoM Generally Accepted Accountrng Practsce). Charities legislation requi$ the Trustees to ppare ffinanaal statements for each financial year. Under Charities legislation the Trustees must not approve the finanual statemen15 unless they are satssfied they give a true and fair view of the stale of affairs of the charity and of the incoming resources including the ceipts and payments, of the charity for that year. In preparing these finanual stalements, the Trustees are required to.. - select suitsble accounting policies and then apply them consistentiy, observe the methods and principles in the Charities SORP.. -make judgments and accounb'ng estimates that are reasonable and prudenL -state whether applicable UK accountsng standards have been followed, subject to any material departures disdosed and explained in the financial statements. -prepare the financial statements on the going Conrn basis unless ti is inappropriate to presume that the charitable company VI11 continue in operatson. The Twstees are responsible for keeping adequate accountsng records that are sufficient to show and explain Ihe charity's transactions and disclose wth reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities legislation. They are also responsible for safeguarding the assets of the charty and hence for laking reasonable steps ft)r the prevention and detection of fraud and other irregulanties. Approved by order of the board of trustees on 20 May 2024 and signed on its behalf by.. Helen Donnelly- Trustee