**Report of the trustees of Millisle Regeneration** The financial year the report relates to A summary of the charity’s: `o` main activities to further its purposes for the public benefit o main achievements in the year A statement that the trustees have had regard to the Commission’s Public benefit requirement statutory guidance A review of the charity’s financial position at the end of the year Details of any fund held by the charity that was materially in deficit’ at the end of the year and steps taken by the charity trustees to eliminate the deficit A dated signature of one or more of the charity trustees The name of the charity as it appears on the register of charities, as well as any other names it is known by The Northern Ireland charity (NIC) number and, if applicable, company registration number The principal address of the charity and, if it is a charitable company, the address of its registered office _01 April 2023 to 31 March 2024._ _During this period, the charity principally operated “Millisle Community Hub” in Millisle – providing a charity shop, and multi-use community space. This continues to be vital Community Asset to the village and is a crucial facility, enabling various organisations in the village to provide a very high level of support to the community._ _The charity trustees have had regard to the Charity Commission (NI)’s Public benefit requirement._ _The charity is in a good financial position at 31[st] March 2024. We continue to build reserves with the intention to consider investing heavily in the future provision of community facilities._ _None_ _This report is signed by Josephine Scott, who is authorised by the board to do so. The name of the charity is Millisle Regeneration._ _NIC106545 and Company Limited by Guarantee in N Ireland – NI632960._ _Registered Office – 65 Ballywalter Road, Millisle, Newtownards BT22 2HS_ _Place of business – 75 Main Street, Millisle, Newtownards BT22 2HR_ The names of: `o` all charity trustees on the date the report was approved **and** `o` all individuals who served as charity trustees during the year _The names of all charity trustees at the date of this report are:-_ _Josephine Scott William Megraw Thomas Beck (resigned 21/8/24)_ _All have served throughout the year_ Page | 1 Details of how the charity is constituted and its governing document _The charity is a Company, Limited by Guarantee, and is governed by a Memorandum and Articles of Association, dated 3[rd] August 2015._ A summary description of the purposes of the charity _The Charity’s objects are to promote community development and urban and rural regeneration for the benefit of the inhabitants of Millisle and surrounding area (the “area of benefit”), without distinction of sex, sexual orientation, race, ethnicity, disability, political, religious or other opinion, and in particular to: (1) maintain, improve or provide public amenities and facilities for amateur sport, recreation and other leisure-time occupation and otherwise improve the appearance of the area of benefit and the quality of life of its inhabitants; (2) relieve of those in need by reason of youth, age, ill-health, disability, financial hardship or other disadvantage; (3) advance education, training, community capacity building and citizenship; (4) promote sustainable development for the benefit of the public and the local community by: (a) protecting and enhancing the natural and built environment; (b) promoting sustainable means of achieving economic growth and regeneration; (5) promote the arts, culture and heritage and raise awareness of local history._ The name of any person, or body of persons, permitted by the trusts of the charity to appoint one or more new charity trustees and a description of the method used to make such appointments _New trustees are appointed by the existing Trustees as required._ Include details of any funds held by the _None._ charity as a custodian trustee Signed: _____________________________ Name: Josephine Scott – Director Date: 16[th] December 2024 Page | 2