Limavady Community Development Initiative Ltd Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directors, Report) Year ended 30th September 2023 The trustees, who are also the directors for the purposes of company law, present their report and the financial statements of the charity for the year ended 30th September 2023. Reference and administrative details Registered charity name Limavady Community Development Initiative Ltd Charity registration number NIC107433 Company registration number N1603999 Principal office and registered 24D Benevenagh Drive office Limavady Co Londonderry BT49 OAQ The trustees Keith Leighton John Wilson Maureen Hudson Ann McNickle Gwyneth McQuiston Deborah Mills James Herron (Retired 3rd October 2022) Chief Executive Wendy McAleese (Interim) to 5th May 2022 Jill Proctor 5th May 2022 to 7th November 2022 Olivia Mccurry 23rd January 2023 Auditor Donaldson & Thompson Chartered Accountants & statutory auditor 3 Limavady Road Londonderry BT47 6JU Bankers Bank of Ireland 2 The Diamond Coleraine Co Londonderry BT52 1DE Solicitors Martin King French & Ingram LLP 52 Catherine Street Lirnavady Co Londondery BT49 9DB
Limavady Community Development Initiative Ltd Company Limited by Guarantee Trustees, Annual Report (Incorporating the Directors, Report) {continuedJ Year ended 30th September 2023 Structure. governance and management The organisation is a charitable company limited by guarantee, incorporated on 6th August 2010 and accepted as a charity by HM Revenue & Customs, reference number XR52185. The company was established under a Memorandum of Association which established the objects and powers of the charttable company and governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1. Appointment of Executive Committee- LCDI is governed by an Executive Committee elected by its members on an annual basis. Committee Induction and Training= New Executive Committee members undergo induction training to brief them on roles and responsibilities and their legal obligations under charity and company law. the committee and the decision-making processes, the strategic and operational planning processes, the organisational structure and key organisational activities. Executive Committee members are provided with copies of the NICVA Govemance Manual which includes the Memorandum and Articles of Association. Role Descriptions for Office Bearers and Committee members and Sub Committees. Finance Procedures and the Equal Opportunities Policy. Organisational Structure: The Executive Committee ensures the good govemance of the organisation by Setting its strategic objectives and policy direction through LCDI'S three-year strategic plan and monitoring progress on this through the annual operational planning process. The Committee meets every Iwo months and the Finance and Resource Sub- Committees which deal with the human and financial resources of the organisation meet on a-monthly basis. The General Manager, appointed by the Committee, manages the day to day operations of the organisation. To facilitate effective operations, the General Manager has delegated authority for operational matters including the application and monitoring of strategic and operational objectives. Related Parties: LCDI is an independent organisation and therefore all operations are carried out in accordance with this. Risk Management- Financial risks are assessed by the organisation through the Resources Committee on a quarterly and annual basis. Objectives and activities Principal activities= Limavady Community Development Initiative (LCDI)objectives are to advance communty development by providing facilities and amenities for and support and assistance to, communrty and voluntary groups and organisations. Advance health and well-being relieve poverty, advance education. relieve those in need by reason of youth, age. ill-health, disability, financial hardship or other disadvantage, advance the arts. culture and heritage, provide facilities in the interest of social welfare for reaction and other leisure time occupations with the object of improving the conditions of life for the said residents and finally to promote religious and racial hamony, equalty and diversity- Strategic report The following sections for achievements and performance and financial review form the strategic report ofthe charity.
Limavady Community Development Initiative Ltd Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directors. Report> (continued) Year ended 30th September 2023 Achievements and performance LCDI have just commissioned Courtney Consultancy to prepare a new strategic plan for 2024-2028. Environmental Programmes Recycle @LCDI is an environmental project which diverts waste from landlill, 5UPPOrts the local communtty and local jobs. promotes recycling and our free collection service of preloved furniture donations helps prevent fly tipping. During the accounting period October 2022 to September 2023 we have diverted 400 tonnes of waste from landfill and have completed more than 1500 collections and deliveries. A SLA with local manufacturer, Fast House has contributed greatly to these figures. Garden Centre @ LCDI is a partnership between LCDI and the Westem Health & Social Care Trust. It provides a day opportunty for 15 adults with various leaming disabilities, allowing them to participate in a range of horticultural aclivities and providing respite for clients, families and carers. The project operates Monday- Friday and during the accounting period October 2022 to September 2023 provided 16.000 hours of 5UPPOrted work experience for our clients. Family Support Programmes Wrap Around School Provision @ LCDI.. is a cross community-based afterschool's project providing wrap around out of school. During the accounting period October2022 to September2023we provided 20,000 hours of affordable childcare, offering full day care during school holiday to up to 48 children. Playgroup@ LCDI: is a community-based playgroup providing a pre-school session 5 mornings a week from 8.30am noon {24 spaces) which follow the pre-school curriculum. The project is inspected annually by Social Services and ETI and provide 18,00 hours of care per year. Lifestart @LCDI is a family support programme for parents of children aged between birth and five years, which focuses on child development, nurture, and protection. Ourgrowing child programme along th our Family Support sessions and parent and toddler group delivered 1000 hours during the accounting period October 2022 to September 2023. 'The Growing Child, programme provides advice, guidan, early intervention and signposting services. Good Moming Roe Valley @ LCDI is a project delivering a daily telephone call to older people around the borough who may othewse hearfrom no one on a regularbasis. The project is a signposting seNice as well and is a good friend to the wider family circle of its clients as they know that someone will be in touch with their loved one each day. During the accounting period of October 2022 to September 2023, the project continues to make an average 40 calls per day which amounted to 10.000 calls to to local older people being undertaken during the year.
Limavady Community Development Initiative Ltd Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directors. Report) (continued) Year ended 30th September 2023 Achievements and performance (continued) Community Meals @ LCDI provides a nutritionally balanced meal along with a range support services both on and off site the later only being possible thanks to the volunteers helping to deliver the service. During the accounting period of October 2021 to September2022 an average of150 meals are delivered weekly. This would equate to an average of 650 meals per month, totalling 7,800 meals for the accounting period. Daycare @LCDI provides physical. mental and social support for 15 physically disabled adults in the Limavady Borough between the ages of 18-65yrs. This is achieved through client led projects which educate, inform, stimulate and entertain as well as providing much needed respite. The centre also promotes Disability Awareness and helps members develop life skills. This ultimately improves quality of lrfe for members and provides opportunities for interaction and socialisation which is critical for individual health and wellbeing. The projectprovides more than 10.500 hours and promotes integration in the community though projects such as the Christma5 Soiree. Summer BBQ Banquets and regular oub"ngs. Communty Cohesion Programmes The Volunteer Centre @LCDI provides developmental supports a range of volunteers in the Greater Limavady Area, supporting them make a difference to their local community. During the accounting period October 2022 to September 2023, the projed provided 4,854 hours of direct volunteer support, engaging 720 individuals. Limavady Hens Shed: Limavady Hens Shed was developed out of Covid and the programme has continued to go from strength to strength, engaging local women from across the community in several different developmental facilitated workshops. During the accounting period October 2022 - September 2023 3,000 hours of developmental support were delivered. R.E.A.C.H.' Is a programme designed to provide a social framework for adults living with a learning disability- During the accounting period October 2022 - September 2023 2,000 hours of developmental support were delivered. Community Cohesion events LCDI: The status of LCDI as a cross community organisation located in a shared space means that the organisation can run events throughout the yearwhich bring communities from throughout the locality together regardless of community. social or financial background. During the accounting pertod October 2022 to September 2023, we ran only 1 large scale open event which attracted 600 participants. Community Training and Education Community Works Training @LCDI provides affordable practical training for local community organisations to support them undertake their services. During the accounting period October 2022 to September 2023, 400 individuals availed of a range of training including first aid. child pmtection, food safety and Hygiene, governance, and volunteer management. E.Q.U.A.L@LCDI is a training and support programme designed to provide adults wtth additional needs the support required to increase their capacity with a view to them engaging in furlher training and ultimately employment opportunities. The programme supported 48 adults develop their confidence, knowledge, and skills during the accounting period October 2022 to March 2023. Unfortunately ESF funding for this project ceased which resulted in job losses. Recognising the huge need within the local community the Trustees that LCDI would self-fund the continued delivery of these vital services, albeit on a reduced level.
Limavady Community Development Initiative Ltd Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directors, Report) (continued) Year ended 30th September 2023 Achievements and perforniance (continued) Anti-Poverty Programmes The foodbank was extremely busy during the accounting period October 2022 to September 2023 and has continued to be managed by LCDI staff & Volunteers. LCDI Foodbank accept referrals from any statutory or communitylvoluntary sector agency with referrals also coming from GP'S. childcare providers or housing associations. During the accounting pertod October 2022 to September 2023 the foodbank provided 480 emergency food parcels. Social Supemiarkets after identifying a need LCDI set up a self-funded social supermarket in November 2020 and during the accounting period October 2022 to September 2023 have helped 160 families in their journey out of food poveriy, with a an ever growing waiting list. and re-directed 10 tons of food waste from landfill. We supported 48 volunteers who gave 2340 hours of their time to the programme. The social supermarket charges a nominal fee of £5 per family per weekThe clients will embark on a journey not only addressing the food poverty, but will also attend cookery classes, budgeting classes and will have an opportunity to gain valuable work experience to encourage them to move into further training or employment. This Project has no core funding, but Is funded through council in different forms. Grant applications for the project is also essential. Donations from within the communty and local businesses sustain the project day to day. and so engagement within the community and PR is very important, helping us stock shelves and maintain supplies. Milk, Eggs, Cheese etc. are purchased weekly which runs to about £5000 per year alone, this is funded directly from LCDI. Baby Bank- Offers pre-loved clothes, nursery equipment and toys to families who are participating in our programmes or who have been referred through the appropriate channels. During the accounting period October 2022 to September 2023 the programme supported 48 volunteers and 2000 hours of volunteering Fuel stamp saving Scheme @LCDI is a project delivering in partnership with the Causeway Coast and Glens Council. a servicewhich allows residents to save towards their heating bills During the accounting period October2022 to September2023 140,000 individual stamps with a cumulative value of £700,000 were saved by residents who were budgeting to avoid fuel poverty. LCDI engaged with 70 outlets acros5 the council area to ensure the scheme was accessible to all. Financial review The results forthe year are contained in the financial statements attached. Investment Policy.. The Resources Sub-committee has considered the most appropriate policy for investing funds and decided that a mixture of bank deposil accounts is the best approach. The investrnent policy is reviewed each year by the Committee.
Limavady Community Development Initiative Ltd Company Limited by Guarantee Trustees, Annual Report (Incorporating the Directors. Report) {contlftuéd) Year ended 30th September 2023 Financial review {contlnuèdJ Reserves Policy.. Unrestricted funds are essential to pro)ride sufficient funds to cover any unforeseen costs which may arise and fulfil the legal obligations of the Charity in the event that current levels of income are not maintsined. The reserves policy has been designed to recognise LCDI'S requirements for reserves in light of the main iisks to the organisation. The aim is to provide sufficient funds to cover any unforeseen costs which may arise, recognise the volatile grant environment as well as as allowing for the payment of any liabilities which would arise should the Charity cease to operale. Any call upon the use of reserves will be at the approval of the Executive Committee which will examine the rationale for doing so and agree an amount where appropriate. At 30th September 2023, the level of "free reserves" excluding fixed assets and designated funds was £207.025. While this is below our ideal reserve level it does allow for liquidty and we intend to develop further reseeS in the coming years Plans for future periods LCDI has a Strategic Plan for the period 2023-2028. We hope this will allow for further growth and expansion of our services to help us achieve our mission. Trustees, responsibilities statement The trustees, who are also directors for the purposes of company law, are responsible for preparing the trustees. report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law require5 the charity trustee5 to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and the incoming resources and application of resources, including the income and expenditure, for that period. In preparing these financial statements, the trustees are required to: select suitable accounting 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., state whether applicable UK Accounting Standards have been followed, subject to any material departuies disclosed and explained in the financial statements., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charty's transactions and disclose with reasonable accuracy at any time the financial position of the charity 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 charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The charity's trustees are covered by in5uranGe indemnifying them when acting in their capacity as trustees of the charity.
Limavady Community Development Initiative Ltd Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directors. Report) (continued) Year ended 30th September 2023 Auditor Each ofthe persons who is a trustee at the date of approval of this report confirms that.. so far as they are aware, there is no relevant audit information of lch the charity's auditor is unaware" and they have taken all steps that they ought to have taken as a trustee to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that information. A resolution to reappoint Donaldson & Thompson as auditors will be proposed atthe forthcoming Annual General Meeting. The trustees. annual report (incorporating the directors, report) and the strategic report were approved on 27th June 2024 and signed on behalf of the board oftrustees by- Kail £e(9Akn Keith Leighton Trustee John Wilson Trustee