Lough Neagh Partn•rshlp Llmlled Company limlted by guarantee Trustees Report (Incorporallng the Dlrectors report) Year ended 31 March 2024 The trustees, who are also directors for the purposes of company law. present their report and the finanoiai statements of the charity for the year ended 31 March 2024. Truslees/ Directors The trustees/ directors who served the company during the year were as follows: Mrs Mary Veronica Devlin Mr Conor Jordan Cllr Derek McKinney Cllr Henry Cushlnan Mrs Ellzabeth Meharg Mr Rory O'Kane (resigned 1015123) Cllr Donal McP8ake Mr Martin Kearney (resigned 116123) Cllr Thomas Gordon (appointed 31181231 Ald JIM Montgomery (resigned 116123) Mr Paul Quinn (resigned 1419123) Mr Joe Nelson Mr Leo Cassidy (appointed 1015123) Ms Kathleen McBride lappoinled 4110123) Ald Jay Burbank (appointed 4110123) The Honourable Shane Sebaslian Clanaboy O'Neill Ald Arnold Hatch Mr Conor Corr Ms Una Johnston Mr Drew Nelson Cllr lan Milne Cllr Paul McLean Cllr Eimear Camey (appointed 19161231 Cllr Paul Dunlop Cllr Roisin Lynch Cllr Andrew McAuley (appointed 116122) (resigned 116123) Mr Gary McErlain Cllr Densie Johnston (appointed 4110123) Cllr Stewart Wilson (appointed 41101231 Structure, governance and managemenl Lough Neagh Partnership Limited, which is a registered charity with Chariiy Commission for Northern Ireland under registration number 106275, was incorporated as a company limited by guarantee in Northern Ireland on 2rvJ November 2001 under registration number N1041855. The company is registered with Charily Commission for Northern Ireland under the name Lough Neagh Partnership Limited, it does not operate under any other names. The charity's principal office address is also the registered office address of the company. Structure of Organlsation: The Board of Directors meets every 2 months and is responsible for the developmenl of Policy and Strategy and management of strategic outcomes and achievements. Four directors are also part of a Financial sub-committee which meets before the Board meetings to ensure the financial management of the body. Govemance The governing document is the Articles of Association of Lough Neagh Partnership Ltd and Lough Neagh Partnership is governed by the Board and the terms of its membership are set oul as per the Articles of Association Recruitmeni ol Trustees Trustees are proposed and elected at an annual AGM and nominations are confirmed at the first Board meeting after the AGM. The company is registered with Chariiy Commission for Northern Ireland under the name Lough Neagh Partnershlp Limited, it does not operate under any other names. The charity's principal off ice address is also the registered office address of the company.
Lough Neagh Partnershlp Llmlted Company Ilmited by guarante• Truslees Report (Incorporatlng the Dlrectors report) Year ended 31 March 2024 Objectlves and Activities The company was formed with the objective of bringing together the local community, businesses, schools. residents etc. to work in partnership to ensure that this area of nalural beauty and important ecological environmental and social benefit to Northern Ireland as a whole will be safeguarded. protecled and managed in a sustainable way. The specific charitable objectives of the organisation are detailed in the LNP articles of Association are below The Charity's objects {"Objects") are: (1) The promotion of rural regeneration and community developmerrt for the benefit of the inhabitants of the Lough Neagh Wetlands region (the "area of benelit"). users of Lough Neagh and its environs and visitors to the area in the interests of social and economic welfare by all or any of the following means.. (al the provision or assistance in the provision of recreational facilities in the interests of social welfare for the public at large and those who, by reasons of their youth, age, disability, or social or economic circumstances have need of such facilities. (b) advancing sustainable development lor the public benefit by the promotion of suslainable means of achieving economic growth and regeneration, in particular by promoting tourism and opportunities for cultural and recreational activlties for all age groups., (c) fostering a sense of community by encouraging and celebrating a sensg of place, civic pride and an appreciation of the scenic beauty and heritage of the area" (d) the maintenan, improvement, or provision of amenities for the benefit of the public and visitors to the area. (2) The conservalion, protection, restoration and improvement of the physical and natural environment of the area of benefit by all or any of the following means: (a) managing land, the bed and soil of parts of the Lough, and facilitating the availability and safeguarding assets for the benefit of the community; (b) carrying out a co-ordination and networking role with other agencies and interested parties within the community, public and private sectors that are invofved in rural regeneration, the protection of the environment, culturai and heritage activities, tourism and scientrfic research,. (c) promoting awareness, understanding and appreciation among the public of the natural, built and cultural heritage of the area of benefit and the ecosystem value of nature and the Wetlands region to humanity- (d) promoting sustainable development, developing and implementing conservation management plans and advising on. applying and extending good practice. Activilies. meeting objeclives public benefit Beneficiaries of the activities are.. Local commuTlities and people who live by the shores ot the Lough and enjoy its natural heritage and recreational facilities Vlsitors to the Lough and the surrounding area. People who work on the Lough or around its shoreline. Local businesses who provide local investment and economic development opportunities. Local Councils and government departments who work in partnership with the Lough Neagh Partnership to protect the heritage of Lough Neagh Local schools who link with the work of the Partnership and improve awareness and knowledge of local children of the issues associated with the Lough.
Lough Ngh Partnarshlp Limited Company limfted by guarantee Trusteas Report (Incorporatlng the Dlrectors report) Year ended 31 March 2024 Summary of Charitable Actlvllles for th• purpos•s of Public Benefit The board members have had regard to the Public Benefit requirement as stipulated by Charity Commission for Northern Ireland. The activities entered into, and achievements attained during the year ended 31st March 2024 have been wide and varied and have provided huge public benefit, as can been seen in the information noted below". Projects for Further Develo ment Charitable Objective: The promotion of rural regeneration and community development for the benefit of the inhabltants of the Lou hNea h Wetlands re ion Marketlng and Lough Neagh Partnership regularly promotion of Lough share content across Facebook. Distribution of Lough Instagram and on their website and Neagh newsletter for email marf(eting for the businesses from stakeholders and the Lough area. These include profiles consumers online, with reference to the Artisan Market social media pages and campaigns, events they are promotion and attend invofved with and news stories as well and promote at trade as PR photographs used to advertise fairs and exhibitions. the markets. These members have also been supplied with dlgital marf(eting toolklts to help support their marketing efforts in relation to the markets. The market also featured boat trips with River Bann Tours and Lough Neagh's Stories from Toome to Lough Beg. Progress slnce last year Progress slnce last year LNP attended the consuftation for the ten-year Tourism Strategy for Nl and provided feedback. Newsletters issued in Halloween and Christmas. LNP Participated in World Travel Market and ITOA, following up with a Portlolio of key experiences Including River Bann Tours. Tyrone Crafted Glass, Rosehill House, Coyle's Cottage Lough Neagh's Stories, Glenshane Country Farm, Seamus Heaney Homeplace, Bakehouse Nl, Ballyscullion Park, Katies Cottage and the Lough Neagh Fisheries Exhibition. Lough Neagh Tours attended Meet the Buyer and followed up by sending a tour portfolio of key experiences from the area along with a list of hotels Further to a fam visit conducted last year, bookings have now been secured with an international tour operator. LNP has developed a bespoke bird tour itinerary to include River Bann Tours trip from Ballyronan to Lough Beg - this itinerary was developed at the request of the operator. Two bookings with foty-six guests have now been secure for MaylJune 2024 with a view to more after successful completion of these trips. Newletters issued to monthly April - September. Lough Neagh Tours Facebook 9,600 followers Instagram 1,073 followers X311 Lough Neagh Artlsans Facebook 2,500 followers Instagram 2,431 followers X 121 followers Lough Neagh Partnershlp Facek))ok 5,1 Oofollowers Twitter 1,083 followers Linkedln 399 followers
Lough Neagh Partnershlp Llmlted Company Ilmlted by guarant•e Twstees Report {Incorporatlng the Dlreclors report) Year ended 31 March 2024 Mallchlmp Stakeholder list 833 subscribers Artisan traders 176 subscribers Tourism list 476 subscribers Mailing Ilst Tour operator contacts - 325 Charitable Objective . The promotion of rural regeneration and community development for the benefit of the inhabitants of the Lou hNea h Wetlands re ion Develop a Lough Held two successful Artisan Food Neagh Artisan Food Markets on 2181 May & 30th July 2023 at Programme. the Lock Keepers Cottage in Toome identifying artisan including several traders from MUDC event opportunities area. and promotion of them. The market scheduled for 1 Olh September had to be cancelled due to the blue-green algae in the Lower Bann River. The group offers members neOrkIng and collalxiration opportunlties and mentoring, as well as the regular markets at the Lock Keepers Coltage in Toome. As part of the market activities, boat trips are provided by River Bann Tours & Lough Neagh's Stories from Toome to Lough Beg. The Lough Neagh Artisans are hoping to avail of further funding to develop the group and are consulting with DAERA to shape phase two of the project, this is anticipated to be open from mid-2025. Charitable Objective . The promotion of rural regeneration and community development for the beneftt of the inhabitants of the Lou hNea h Wetlands r ion Joint development of Lobbied both ABC AND MUDC to tourism and examine development of the Blackwater economic and dredging of Canal mouth of programmes with Blackwater. Councils and Partners and, assist with access and recreational plans for school lands Derytresk, and Traad PointlBallyronan and Lough Promotion. Meet with Senior staff regarding the development of Tradd Point Also met with Outscape and attended consultation event regarding Tradd Point. Met with ABC regarding tourism development of Blackwater River Met with John Mc Grillen TNI CEO to discuss wider Lough neagh promotion in light if Blue Green Algae. Prepared major proposal for School lands Charitable Objective . The promotion of rural regeneration and community development for the benefit of the inhabitants of the Lou hNea h Wetlands r ion Development of Met wlth DFI on two occasions. Blackwater River, Met with Blackwater group providing techni1 advice associated with dred ,and Met with DFI staff to discuss Lough and Blackwater navigation needs. Focus for LNP is dredglng the opening of Canal mouth
Lough Neagh Partnershlp Llmlted Company Ilmited by guarantee Trustees R•port (Incorporallng the Directors report) Year ended 31 March 2024 development ol the whole of the Lough and ownership models Lobbied all parties regarding a new interdepartmental structure and investment for Lough Neagh Followed up letter to Minister O Dowd regarding setting up of an interdepartmental body Met wlth all party leaders lo promote new structures and investment for Lough Neagh in 2024 Applied for and galned £240,000 of grant assistance from the National Lottery Herltage Fund for new resilience plan and ownership analysis, need £6,666 match funding from three main Councils including MUDC. Charitable Objective .'The consetvation, protection, restoration and improvement of the physical and natural environment of the area of benefit b ail. Continue to develop Management Plan for Kiltycolpy NIEA Shoreline Plan complete and securing funding for a management plan for Killycolpy and Killywoolaghan, community bird hides as per 2021122, develop wet woodland and climate change strategy for Weslern Shores taking into consideration Councils and Partners's climate change and biodiversity plans. Implement recommendations for Lough Neagh islands and ASSI plan. All work in Kilykoly complete and cattle to be placed there this year to improve land Wet woodland study and Climate Change and Carbon study now completed Approx £70,000 of funding gained from NIEA for consultation on new SPA and ASSI plan for Lough Neagh Transfer of Kilycolpy nature reserve and School lands signed for and completed SEUPB nature peatlands restoration project prepared with RSPB New malor Catchment Pollution proposal being developed along with a new communications plan working in partnership with NIEA and DAERA Islands conservation work and all bird monitoring continuing via new tK)at. Dealt with media response to Blue Green Algae. Major PR engagement regarding blue green algae Public meetings with NIEA held including presentation at public meetings Charitable Objective .'The conseNation, protection. restoration and improvement ot the physicai and natural environment of the area of benefit b all. Continue to develop Environmenlal Farm Scheme Project and deliver an has been extended from 1 April - 31 Environmental Farm December 2026. This focuses on lands Scheme on western along the western shore of lough shores of Lough Neagh. Neagh by attracting A major Nature Recovery Network has new funding and been developed at School Lands and at through engagement KillycolpylKillywoolihan. Focusing on with farmers, managing biodiversity and water quality landowners, and improvements. relevant stakeholders New pilot project pitched to DAERA to replicate outcomes approach like what DAERAS new Farm Nature Policy 2026. DAERA still considering outcomes payments for environmental programme for farmers along the shores of Lough. Main beneficiary will be in Mid Ulster area Lough Neagh EFS Group Scheme Members 150+ receiving su ort and mentorin on Grou
Lough Neagh Partnershlp Llmfted Company Ilmlled by guarantee Trustees Report (Incorporallng the Dire¢tors raport) Year ended 31 March 2024 to improve conditions. Assist Councils and Partners in development of an Agricultural Strategy. 143 Group Scheme members continue to receive mentoring and support. £17,51)O average investment per fami over last 6 years. New policy engagement with DAERA Countryside Management helping co- design tor new Farming with Nature Policy. Offer open for help wilh the development of new agricultural biodiversity and climate change strategies in new 5-year SLq from Mar 2024- Mar 2029 Scheme management. Total Investment brought into Lough via EFS Scheme £4,800,00+ over 6 years, out of £7.6 million offered. New entrants Offer open for help with the development of new agricultural biodiversty and climate change strategies in new 5-year SLA frotn Mar 2024- Mar 2029 entering again in 2024 Covid underspend reallocated to project providing Climate Resilience Plans for farmers plus a series of information leaflets covering a wide range of environmental projects approx. Extension to EFS Group Scheme awarded providing additional £255,000 from April 2023 - Dec 2026. Charitable Objective :The conseNation, protection, restoration and improvement of the physical and natural environment of the area of benefit b all. Develop fundlng Discussions held with RSPB regarding applications and SEUPB p8atland and Nature recovery attract investment proposals for Lough Neagh continued. from SEUPB NIEA DAERA for new environmental programmes £1.2 million submitted to RSPB and SEUPB for restoration for peatlands at School Lands Met with NIEA regarding water quaity issues and blue green algae and workable solutions for 2024 Approx £500,000 Solutions to Pollution pilot proposal submitted to NIEA to monitor pollution throughout whole catchment of Lough neagh working in partnership with Rivers Trust and Ballinderry River Enhancement Group. Approx £80.000 communications plan for dealing with Blue Green Algae fall out in 2024125 submitted to NIEA Charvtable Objective . The promotion of rural regeneration and community development for the benefit of the inhabitants of the Lou hNea h Wetlands r ion Develop an Meeting and presentation made to all Interdepartmental paty leaders and group Committee for Lough Neagh and examine funding opportunities for technical developments of Lough Neagh ownership bid. Mel with HLF to sign of prowsal Meeting with Shaftesbury Estates again Lobbied all groups and MLAS to set up new interdepartmental structure for Lough throughout 6-month period Did presentation to all relevant MLAS in Stormont in Dec 2023 £240,000 grant achieved for new heritage resilience plan and ownership of Lough Neagh examination Attended Stormont Lough Neagh debate and lobbied ML4s Met Minister Muir and senior NIEA staff to discuss new structures and investment for the Lou
Lough Neagh Partnershlp Llmlted Company limlted by guarantee Trnslees Report (Incorporatlng the Dlrectors report) Year ended 31 March 2024 How have these activftles provided a beneflt and what difference have Ihoy made since March 2022) Straleglc Goal Achlevement and straleglc benefiis from the LNP Plan The following section descrlbes the achievement of strategic goals of the Partnership over the last year with reference to its speclflc action plan and dlfferences that were achieved Goal 1: Lough Management: To establish a new model for the navigation, management and ownership of the Lough that can deliver on shared goals. Projects .Lobbied to set up new Interdepartmentallcouncil working group (Lough Neagh Management Group) and Stormont Government Lough Neagh motion on new structures agreed. New political will of Stormont to tackle problems .Received funding to examine new ownership models to assist government set up new structures and help buy the bed and soil of Lough Neagh. New engagement with oner of bed and soil Goal 2.. Resilience.. To become a resilient and financially sustainable organisation. well governed with skilled staff who are secure in their posts and reserves to spend on our important work. Prolects Increase Council core funding to allow core stability and cary out more work Gained other Income generation opportunities via use of Dormant Account Fund Nl to provide better service Increase linkages between conservation and economic prosperity via Sand Traders and Goal 3: Support farming sector to adapt to new environmental. water quality and climate requirements Projects .Extended new EFS Group Scheme to 2026 and got more land conseNed .Grow Moiled Cattle Chain and encourage new types of cattle to be used .Promote new food8luffs of Lough Neagh via Artisan Market and create local economic opportunities .Linked with new Water Quality Task force set up as a result of the Green Blue Algae Crisis in the summer of 2023 and will worl( more closely with government in future .Developed major Peatland Restoration Project worked up at School Lands to protect major curlew species Goal 4: ConseNation management- Protect this special place and it's cultural, built, and natural heritage and create new green economy business opportunities Projects .Shoreline and Island Conservation Management work programme implemented, and date gathered to set new conservation policy. .Lough Neagh Heritage management continues via NLHF and NIEA Environment Fund. .Protecting and restoring our wetland habitats and species via Peace Plus and Environment Fund etc Goal 5: Visitors: To establish Lough Neagh and Navigable rivers as a common brand and work with private sector on foixl development and food experience branding Projects .Worked with Tourism to develop new Lough Neagh Tourism Experiences .Promote Lough Neagh Food and food artisan events and clusters and more economic opportuntties developed .Helped Councils promote and develop River Bann and Blackwater River l Ulster Canal and created new investment opportunities for rural community Goal 6: Innovative approaches to land management, climate change and carbon capture Projects .Develop conservation opportunities for non-productive agricultural land via EFS Develop Project .Drew up Climate Change and Carbon develop new resilience planls and have dta to use for new conservation projects .Develop carbon capture project and examine possible trading options that will also restore new areas of damaged bog
Lough Neagh Partnership Llmitad Company limlted by guarantee Trustees Report (Incorporatlng the Directors report) Year ended 31 March 2024 Mitigatlon of any hami There has been no economic displacement of conservation damage as a result of the work we carried out during the year. Hava we provlded Informatlon on any prlvate benèflt Some individual farmers may have benefited from our encouragement lo help them become more environmentally friendly. The details of the number of farmers is identified in the data above but the publlc benefits in terms of species protected land managed better areas under new nature conservation have been hugely signlficant. Staff of LNP have not had any personal benefit from the work except through staff wages. Commlsslons Guldance The drawing up of this report statement and the activities of the Lough Neagh Partnership have made strong reference to the charity Commissions public benefit toolkit and guidance notes. The trustees have had regard to the Public Benefit requirement as stipulated by Charity Commission for Northern Ireland. Future Vlsion and goals The Partnership should revlew and improve its governance, remlt, and staffing structures to take on board future economic and political challenges and become more financially resilient in the long term. LNP and main Councils should request to sit on the new Water Qualty Task Force to deal with green algae bloom and work to develop a long term river Catchment solution The Partnership should take lead with other partners and govt departments and lobby and agree to set up a new management structure known as the Lough Neagh Management Body ILNMBI made up of senior director staff from the three main Councils. DFI, DAERA DFC and DFF to meet twice a year to work to this strategic review and plan and monitor progress. integrating common goals and funding applications associated with this document. This strategic review and plan 2023 - 2028 should be used as a working tool for the LNMB. The three main Councils should increase the core funding levels to the Lough Neagh Partnership for the next five years. (2023 - 2028) to retain effective staff members, provide financial stability to the body and allow the Partnership to lever in increased value and investment. The Lough Neagh Partnership should set up a formal Ilnkage and partnership with cross border body Waterways Ireland and Border Council to allow it to apply for shared Island and SEUPB funding. This should be supported by the main Councils. Also recommend that LNP rep sits on ICBAN and EBFI bodies to make sure more integrated approach to cross border development. The three main Councils should endorse the nomination of political representatives to sit on the Lough Neagh Partnership Board to ensure political support and public transparency for the cfevelopment of the Lough. The three main Councils should enter into a new five-year seNice level agreement with the Partnership from April 2023 - March 2028 based on the attraction of addltional investment and addressing agreed strategic needs and outcomes. The SLA should be outcomes and not outputslactions focussed, and the Partnership should provide an annual report to feed into new Lough Neagh Management Body structure.
Lough Neagh Partnershlp Llmited Company limited by guarantee Trustees Report (In¢orporating Ihe Directors report) Year anded 31 March 2024 Common Lough Neagh Marketing Destination Pot developed from three main Councils from existing Cty Deal, Tourism Nl and Levelling Up Fund. BSP, City Deal , SEUPB, Shared Island and Landtill Tax funds prioritised to Lough Neagh Area for match funding of joint conseNation projects. Three maln Councils and three main Departments in the new Lough Neagh Management Body should bid, budget, and provisionally allocate revenue and matching Capital funds for the next 5 years speclfic for joint Lough Neagh Projects and funding applications. Speclflc Plans for the future The plans for the forthcoming 12-18 months have been summarised below: Continue lobbying for new Lough Neagh Integrated govemment policy and integrated management approach to Lough Develop SEUPB major landscape and ownership project Revisit Blackwater project Reinvestigate navigation and dredging study and investigate funding for new markers. Develop Abandoned land project via Esmee Fairburn Develop new EF appllcation and proposals for rangers Continue data collection and bird counts for NIEA Develop new ASSVSPA and Heritage Landscape Plan Monitor and measure success of all programmes Volunteers All Board members are volunteers and put their own time and effort into the board and linancial committee activities. The Partnership also contribute to in kind contributions of expertise for some small projects also. A variety of volunteer litter lift events were also held throughout the year. Envlronmenlal Crlsls - Blue Green Algae This summer of 2023 witnessed a major Algae Bloom occurring on Lough Neagh. This was a result of four main factors including Nutrient overload from farms and sewage plants. climate change impact of temperature increase in the Lough and more wetter summers. together with the impact of an invasive called the Zebra Mussel. The Partnership has a number of short term. medium term and long term reactions to the environmental crisis. Short Term 1. Raised awareness of the crisis and the reasons for it on major news broadcasters 2. Attended public meetings at Bellaghy, Ardboe and Craigavon 3. Met with all of the Political loaders and groups and provided potential solutions 4. Met and set up a cross party MLA Lough Neagh Group 5. Met Office of Environmental Protection and gave evidence 6. Met with Labour NIO Shadow Minister 7. Gave evidence to Water Quality Task Force edium Term Solutions Increase positlve message of Lough and educate on reasons for Blue Green Algae 2. Lobby for setting up of new structures for the Lough 3. LNP to sit on Lough Neagh Scientific group 4. Develop major programme with Woodlands Trust regarding aflorestation of river catchments in Lough Neagh to create major buffer zones for Nutrient take 5. Apply for DAERA Pilot Programme 10
Lough Neagh Partnershlp Limlted Company Ilmited by guarantee Trustees Report (Incorporatlng the Dlra¢tors report) Year onded 31 March 2024 6. Extend EFS scheme Lon Term Solutions 1. Roll out and improve soil management to help reduce P fertiliser use 2. Reduce P content of animal feed and examine manure P export from Nl. 3. Reprioritise and redesignate Lough Neagh and its Catchments and increase assistance to Environmental Farm Scheme for nutrient reductlon 4. Reprioritise Nl Water investment to catchments of Lough and reassess nutrient regulations for Sewage treatment output loads 5. Introduce Septic Tank education officers around Lough and Catchments 6. Reassess real deterrent effect of Agriculture and Nl Water Pollution Fines 7. Increase resources to NIEA Water Catchments Basement Plans 8. Provide a new Bio Digester Plant for Lough Neagh Catchments 9. Ensure better data collection and research via AFBI Flnancial Review Income for the company from all sources amounted to £ 482,994 (2023 - £693,964) and Outgoing resources amounted to £ 501,092 (2023 - £686,222). giving a deficit for the year of £(18,098)12023 - £7.742 Surplus). Policy on holdlng reserves The Trustees/ directors regularly review the financlal standing of the company at each board meeting. During each meeting they monitor the spending of each project against budget as these are all 'restricted' income streams. They also monitor the income and expenditure of 'unallocated' funding. The company does not have a speclfic pollcy on carrying a pre-defined level of reserves as this in not feasible given the nature of project funding. Directors responslbilitles Statement The directors are responsible for preparing the directors report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they glve a true and fair view of the state of affairs of the company and the profit or loss of the company for that period. In preparing these financial statements, the directors are required to: select SUFtable accountlng policies and then apply them consistently. observe the methods and principles in the applicable Charities SORP ' make judgments and accounting estimates that are reasonable and prudent" and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taklng reasonable steps for the prevention and detection of fraud and other irregularities.
Lough Neagh Partnershlp Limlled Company limited by guarantee TNste8$ Report (Incorporaling the Dlre¢tors report) Year ended 31 March 2024 Small company provlsions This report has been prepared in accordance with the provisions appllcable to companies entitled to the small companles exemption. Thls report was approved by the board of directors on 218t November 2024 and signed on beha of the board by: Mrs Mary Vero Director Ica Devlln 12