1829 4cA)I MIDDLETOWN MARKEf HOUSE MANAGEMENT COMMIThEE. Rrflstered Ch•rlty No NIC106036 TRUSTEES ANNUAL REPORT. l July 2022 to 30 June 2023 The Tfustees present t1r Trustee5 Annual Report prepared In accordance wlth Charltles SORP accompanyln8 the Independently examlned financlal statement for the year endln8 30 June 2023. Stniciuie, Go¥ernanc• •nd M•n•8•m•nt. Mlddletown Market House15 leased to the communlty by the St Patrlck's Dlocesan Trust. The Market Htyjse was constructed in 1829 by the Trustees of the Blshop Steame Charltles. The Orl8lnal bulldlng Is Ilsted and is ol hlstorical si8nificance. A Development Committee from the communlty Suttefulfy obtalned fundln8 to restore the orl8inal bulldlnB and extend It. It was officlally opened for communlty use on 27 Aprll 2(X)l.The Mlddletown Market House Mana8ement Commlttee Is rtspon55ble for makln8 the Market House avallable to the communlty and for its malntenance. The operatlon of the Market House Is governed by a Constitutk•n adopted Ofi 12 Aprll 21x12 and amended In 2017. Trust••slCommltte• M•mb•r& Members servSng durln8 thls year wefe: . Mr Mlchael McKernan Ichalmian) Ms Fran¢e5 T Lavery Iseuetary) Mr Gerald Mallon (Treasurer) Mrs Mary Donnellv Mrs Maureen Lappln Mr Paddy Lappin Mr Eamon McDonakl
Publk Addrtt Mr Gerald Mallon, 3 The Dlamond, Mlddletown, Ama8h. 8T604JE ObJ•rtlves. The Oblectlves of the chaflty are:. (al To promote the benefit of the Inhabltsnts of Mlddletown and Olstrlct wlthout dlstinttion of age, sex. sexual orlentatlon, race. polltlcal, fell8lous or other oplnlon, by assoclatln8 wlth ststutory authorltles. voluntsry or8anlsatlons and 5nhabltants In a common effort to advan edwation and In the Interests of sodal welfare to provlde facllftles for recreation and other lelsure Ilme occupatlon wlth the object of Improvlng the condltlons of Ilfe lor the Inhabltsnts. Ibl To operate, malntain and manage the Middletown Market House (whether alone or In cooperatlon wlth any lool authorlty or other person or body) In the fvrtherence ol these objects. K•y Artlvftl•s In thli Year. The Trustees operate the Market House maklng It avallable to the communlty for runnlng drlous actmtles Inw)Ivlng recreatlon, dasses. fltnesslskllls tralnln8 and entertalnment. Durln8 the year uses were by the followln8 8roupsldubs:. GAA Lotto Commlttee FrIend aub Hurlln8 aub Carnogle club Bowls Club Irlsh dandn8 class Speech and ()rama da55 Youth Club Football tralnlng and Indoor games. Karate Classes Chlldren's birthday partles Refreshments after funerals ladles NIBht Presentatlons to under aBe sports people. Our records and questlonnalres returned by users Indlcate that there were 5.692 people users over the year. Thls IS still considerably lower than before the pandemic. Usels qulte 118ht In the summer months when usefs take breaks and are Involved th outdoor actlvitles.
Overall the Trustees are confldent that the Publlc Benefit Indudln8:" Increased sense of wellbeln8 for the dtlzens of the Mlddletown area, The creatlon of opportunltles for soclal. educatlonal and recreatlonal actfvttles leadln8 to cornmunlty development and wemare. The malntenance of a purpose bullt communlty faclllty. Is beln8 achle%*d. Mlddletown Market House Mana8efflent Commlttee Inojrred a business defi¢lt of £3,641 th15 year. belng covered by the ¢ash re5er¥es. No 8rants were recelved th15 year wlth Income from rent recelved. Rent recelpts were down approxlmately IO% whlch Is concemln8. The Trustees contlnue to operate the faclllty efflclently wlth the maln empendliure beln8 on heat and118ht. water, Insurance. wa8es and Caaker costs and maintenance. Costs have Increased bv approxlmately 20%. pollcy has been to encoura8e Breater use and avoid havln8 to Increase rental rates to cover Increasln8 costs as thls coukl be counterproductlve. At the end of thls year the declslon was taken to apply for a revenue fundln8 8rant from the local unCIl. Ru•rm Pollcv. Mlddletown Market House Management Committee have a Reseryes Pollcy whlch requlres the malntenance of sufficlenl cash reSerS to be able to operate durln8 a perlod where rent recelved Is reduced or nonexlstent or bl8 Items of malntenance arlse. Futurn Plam As the operatlon of the extended and refurblshed Market House has passed 21 years of operatlon the Trustees reco8nlse that certaln malntenance needs wlll arlse. Needs wlll be contlnuously evaluated and actlon taken as requlred bearln8 In mlnd the need for value for money and at the same tlme eThsu the maintenano of sufflclent reseryes.. Feedback from users Is consldered by the Trustees and requests for addltlonal use of the facllltles wlll be a¢¢ommodated where space Is avallable. srATEMENT OF TRUSTEES RESPONSIBIUTIE& For the year endln8 30 June 2023. The Trustees are rt5pOnble for preparln8 the financlal statementsln accordance wlth appllcable law and re8ulatlons.
The Trustees are fesponslble for keeplni proper Jccountln8 records whlch dlsclose wlth reasonable accurary at any tlme the flnanclal posltlon of the charlty and enable them to ensure that the flnanclal statements comply wlth all approprlate regulavons. They are a150 responslble for safe8uardln8 the assets of the charity and hence for takin8 reasonable steps for the detertlon of fraud and other Irre8ularltles. In so far as the Twstees are aware:. There Is no relevant Infomiatlon Ilnformatlon needed by the tharrtrfs Independent exarnlner In connectlon wlth PrerIn8 the Independent examlnerfs report) of whlth the charlvs Independent examlnef Is unaware, and The trustees have taken all the steps that they ou8ht to he taken to make themselves aware of any relevant Independent examiner Infomiatlon and to estsbllsh the charltvs Independent examlner Is awa of that Informatlon. Approv•d by th• T18 lor iubmlsJloTh to th• Chrftlrf CommlMloTh INI) Chalnrtan