f the Tnjs rth Y rE de 31 Mar STRUCTUR4 GOVERNANCE AND MANAGEMENT Recrullment and appolntment ol npw tNste•$ New truslees are idenlrfied through word of mouth. Thay come frorn the local community $0 vory often are well known to exlsting members or trustees of the charity. Potential trustees ar8 screened and appointed by a panel comprising existlng trustees includlng the Chairperson. An athve eruItMent procè88 is not undertaken a¥ the Gharity is completely community-drNen with its mernbers and Irustees all being from the Derry & Strabane District Council area. REFERENCE AND ADMINISTRATIVE DETAILS R•ghtered Company number N1043465 (Nlxlhem Ireland) R•gl8tsrod Charity number 108092 Reglstèmd offlce Amity House 18rook Road Don8m8na Strabane Co. Tyrone BT82 OPF Trustses Ms Amanda Joyce Buchanan Robert James Leslie Crabg Damien Paul Devine Archlbald Thomas Fullerton Ms Christine Futton Robert Elkin Roblnson Company Secretary Ms Chrlstlne Futton This report has been prepared in accor(lance wjth the special provlslons of Part 15 of the Companies Act 2006 relallng to small companies. Approved by order of the board of trustee$ on S Decèmber 2024 and 81gn•d on it8 behalf by: Robert James Le Craw - Truslee Page 3
enn ti Inler Re rt of the Trus for ihe Year ed 31 March 2 ACHIEVEMENT AND PERFORMANCE Charftabl• actlvltles The yèar ended 31 March 2024 saw the Con1tnui0n of our programmes due to coniinued grant income received from our funders. The charity con81ders the ongoing demand and high uplake of its key outreach prograrnmes such as Meals on Wheels as an achlevement. The charity conts'nued to woFI( towards it8 objects ol promollng education, relieving Iha elderty and providing improvements in social welfrare Ihrough vartous activitias deslgned 10 8SSiSt those In Ihe Community. The charfty was Sble to once agaln offer a summer schème during the year, The ongoing CARE project has enabled us to offer a range of varied actlvttles and 8eNbces for the ovar 558 ar)d this proj8Ct continu68 lo ba very popular and well supported. FINANCIAL REVIEW Flnanclal posttlon The trustees ar6 satisfied with the performance of the charity during the year to 31 March 2024. Overall the charity recorded a deficit of £3,322 <2023: £4,623 doficil). The Balance Sheet totsl8 £162,181 (2023 £165,503). The ch8n.ty continued to secure fundlng for Its prograrnrnes as wem as fundlng for new prograrnmes such as the Soclal SuFermarket Fund. R•serve• l1¢Y At the end of the finandal year to 31 March 2024, the reserves held by th8 charfty amounted to £162,181 (2023 £165.503). Dennatt Iniorchsnge h85 8ccumulated a Burplus of funds 9Snce its lftceptn. Some estimated éxpenditure exceeded actual expendlture resulting In surplus funds. These r08eNes provide some secunty that the charty will continue to functlon short tem. rf available funding decllnes in the fiJture.The reserves al80 provlde finandal 8UPPOrt If any fixed assets require replacement lor Dennett Interchange to continue to offer thelr current level of 8ervices, Dennett Inlerchange has not specifically deflned the level of re8erves to be h81d. elther as a mlnlmum or maxlmurn but all surplus funds are relnvested back Into the charty and are hekj as described above for future prokcas and for the luture life of the charity. Golng concern wrth funding continulng to b8 dlfficult to secure. the charty is worklng hard to identify replacement funding. As mantloned new fundln9 sources have been secured wth mre belng soughl In the weeks and months ahead. St&ps are also belng taken to reduce costs within thg ¢h8rlty. It Is noted Ihai reseryes remain al a healthy level. The trustees ar8 not aware of any material concern8 about tho charlty's abilty lo continue as a going Gcncern. Funds In deflclt The board ol trustees is sali8fied that the charity's assets in each fund are available arKI adequats to fulfil its obligations In respect of eath fund. STRUCTURI GOVERNANCE AND MANAGEMENT Govemlng documont The charlty is controlled ty Its governing document. a deed of trust, and constitutes a limlted company, limiled by guarantee. as defined by the Companies Act 2006. Page 2
Interthan of the Trustees 02 The trustees who are also directors of the charlty for the purposes of the Companies Act 2006, present their report with the financial stalements of the for the year ended 31 March 2024. The trustses have adopted the wovisions of Accounting and Rep¢xling by Charitigs: Ststornent of Recommonded Practlce applic*bl8 to chartti?s preparlng their accounts in accordance wlth the Financial Reporting Standard applicable In Ihe UK and Republic of Ireland (FRS 102) (effective 1 January 2019). OWECTIVES AND ACTIVITIES ObJectlve• and alms Dennett Interchange was e5tsblished io advance education, Induding vocational training, relleve POV8Tty, reliev8 61derly, to conseThe and protecl Ihe l¢xal environment and to provide fal.eS in the interests ol soci81 welfare for recreation or leigurtrtimè ¢xcupation with the object of Impfoving the condltions of l]fe foi all the Inhabrtant8 of Derry Cty and Slrabane District Council, Fennanagh and Omagh Dislrict Council. end Causeway Coasl and Glens Borough Countil areas wtthout distinction of gender, race or of politlcal, rellglous or other oplnions. Slgnlfkant actlvltl During the year Dennett Interchange coniinued to provide R range of cour50s and tralning to advance educab'on. We organised accredited courses in thlld protectn and Ilr8t aid. Wa a180 organisod a range of social 8 reueational activitias including flower arranging and yoga. We co-ordlnated In partnership wlth other statutory organiSatn8 & group8 a range pf seNiCe3 airned at relieving povety and Improving the 8OGial w6lfar• which Indudes outreach cthéns advke serviGe, re8plto for cafers. podlatry $8rvlce and hearing ald clinK. Our Meal6 on Vthee13 88Tvice continue8 to Nn 7 d8y8 a w8gk and the onsiie cafe is Open 6 days a week 8nd we conttnue to encourap arK1 support attendance al the Luntheon Club, The CARE ProjeGt enables u8 to continue worklng With other organl8ations from Path. Artlgarvan and Ballyrfwgorry to offer a range of s8Nlce8 and actlvlttes for the over 55s. This year we also offered t Sp8rrin Healthy Famllies Project fvnded by the Social Supem)gYket Fund providlng r&source8 and a serles of workshops for famili8s in the region focusing on growing your own produce along with cookery workshops to prepare wholesome f8mlly alS using home grown produce, Publlc ben•frt During the year Ihe charty continued lo operale tts Meals on Wheels sgrylce, Luncheon Club, resplte for carers ser4ice, numerou8 social and recreational activitles includlng footb8lE w8ching, boxlng, yoga, arm chalr aerobics. afternoon tea danc86 and history 8e88ion8.The CARE Proi8cI offered weekly activltios for the over 55,8 and lh6 annual Summer S¢heme ohred a V8flety of ackn"vit6e8 for the local childran. Page 1