12 Merion Park Ballyclare Co Antrim Tel: 07881435042 Email: nilimousincatt]eclub@gmail.com Trustees, Report for year endcd 31 December 2022 The TnteeS present their annual report together with the financial statements of the Northern Jttland Limousin Cattle Club for the year ended 31 December 2022. The following Trustees held office during the year and remain in office; . Brian McAuley. Chainnan Cahir McAuley, BLCS Regional Representative Shirley Fleming, Secretary The addrcss of the club is detailed above. The Trustees confinD that the Annual report and f9cla] statements of the club comply with the current statutory requirements, the requirements of the club's governing documents and the provisions of th¢ Statemcnt of Recommended Practice (SORP) "Accounting and Reporting by Charities issued in January 2015. Structure? governance and management CoDytitution - the Club is registered as a charity and was s¢t up by a constitution adopted OD l January 1980. The Club is also registered with the Cbarity Cornmission for Northern Ireland under number 107182 b. Method of appointment or election of Trustees The ngernellt of the charity is the responsibility of the Trustees who include the present Chairnia Secretary and BLCS Regional Representative. objectiv and Activities The direct benefits arc: l. Improving breeding of Limousin cattlc 2. Increasing sales of Limousin cattle 3. Improve relatiollships of the mcmbersbip within the Club 4. Advising potential new membcrs 5. Educating members on the breed and its commercial value. Benefits are demonstrated through: l above which improves the value of their stock and with increased sales additional Members become involved. Promoting the breed on behalf of the members. Meetings facilitate discussion on the bre¢d, shows alld sale6 pmmote healthy compctitive environment for the members. Additional membership improves the finances of the Club which in turn assists with promotiOD. Beneficiaries are: The membership paying an annual fee of £25. 14ivate bcnefit: Individual members pay bcnefit from the promotion of those anIMS consistently achieving a higher return. - Shows, sa]es, opcn days. Speci1st beef evcnts, members meetings specific to Limousin b. Activities:
Financial Review The Club is reliant on comrnission on sales, subscriptions. grant funding from the British Limousin Cattle Society and sponsors for events. The Trustees consider that the fimds of the Club will enable them to havc sufficient resources at their disposal to be in a position to adequately fulfil their obligations. Reserves Policy The income of the Club is considcred stable and the risks associated with any si11fiCant reduction ID income is regarded as unlikely. PlaDS for the tUre The charity intends to continue the work it perforn]s for the benefit of members and the public in accordance with the tern)s of its constitution. Trustees, responsibilities statement The Trustees are responsible for preparing the Trustees, report and financial ststements in accordance with the applicable law and United Kingdom Accounting Standards, The TnteeS are responsible for keeping adequatc accounting records that are su15cient to sbow and explain the charity's transathions and disclose with reasonable accurdcy at any time the fLnancial position of the charity and enable them to cnsure that th¢ financial statements comply with the Charities legislation. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The reporl was approved by th¢ Trustees on 8 Marcb 2023. And signed on their behalf by: Shirley Fleming