FOUNTAIIN STREET COMMUNITY DEVELOP.MENT ASSOCIATION LEGAL & ADMifslSTRATIVE INL FOILMATION Trustees Mr John Carlin Ms Karina Carlin Ms Lynn Maguire Jay Mccauley Rionach Ui Dhaimhin Registered Office 41 Fountain Street Sttabane Co Tyrone Independent Examiner Gerald Kelly Kelly & Co 16 Patrick Street Sirabane Co Tyron¢ BT82 8DG Bankers First Trust Meadowbank Strand Road BT48 7TN Company Number N1033477 Charity Number 107634 Page13
FOUNTAIN STREET COLMMUINITY DEVELOPMENT ASSOCIATION TRLSTEES, REPORT FOR THE YEAR ENDED 31 JANUARY 2024 The TTUStees are pleased to present their annual report together with the financial statements and the T¢POrt of the independent examiner for the year ended 31 st January 2024. This is a charitable company limited by guarantee and accepted as a charity by HM Revenue and Customs. Ob'ectives and Activities The charity's aims to promote the benefit of the inhabitants of Fountain Street and District area of Strabane and its environs without distinction of sex. race or political. religious or other opinions. The charity involves vaTiOUS voluntary and other organisations in a common effort to.. relieve poverty, sickness and distress assist the disabled advance education presern-e and protect health to provide facilities in th¢ interests of social welfare for recreation and leisure time occupation The charities main activities involve: Education and learning programs Training & employment opportunities Volunteer & work placetnents Youth engagement projects Health education prograrns including exercise classes, cooking and awareness programs Social activities for families and the elderly Physical renewal & enN'ironmental improvem¢nts All community development initiatii'es and practices Achievements and Performance The charity delivered the following various workshops and other activities throughout the year in order to achiev¢ its objeclives= Reminiscence Group Mal¢ & female Fitness classes Calendar group Good relations project Corttmunity Support project Women's wellbeing programme Seasonal Youth Camps Dance lessons Mindfulness & Meditation NLP programme Environmental clean ups Winter health packs Halloween Creepy Camp Christmas Grotto. Irish Dancing Irish language classes frish Music lessons Page14
FOU.NTAIN STREET COMMUNITY DEVELOPMENT ASSOCIATION TRLSTEES, REPORT (COINTINUED) FOR THE YEAR E,DED 31 JANUARY 2024 Christmas Dinner Distribution to local pensioners Community vaccination clinic Birthday Party Facililation Stay and Play Messy Play events Coffee Moming to rais¢ funds for local sick child and much more. We also delivered a raft of training which included: Child Protection Basic Food Hygiene First Aid & Defibrillator Paediatric First aid Fire Safety Health & safety Manual Handling. DFC & EA Youth Engagement project which is based here has also deliv¢red a number of different programmes aimed at I I to 18yr old throughout the Strabane area. These included: Drug & Alcohol Awareness Mental Health & Wellbeing Leadership Crime prevention Healthy Eating Physical Fitness Community Relations Outdoor skills Public Benefit The objectives of the Trust are as listed. The Trust has considered the UK Charity Commission's guidance on public benefit and plans to ensure that it provides public benefit and achieves its objectives as set out in the Trust's Memorandum and Articles of Association. Structure Governance and Nlanaaement Governing Document Fountain Street Community Development Association is governed by its Memorandum and Articles of Association. Appointment of Trustees The Charity Trustees are also Directors of the company. A Tnjstee is initially elected by the Board in accordance wilh the Memorandum and Articles of Associalion. In the financial year no new Trustees were appointed and none resigned. The Board as a whole was approved by the AGM and continues to monitor its membership. Organisation The Board of Trustees which administers the Trusl meets throughout the yeaT as required. Page15
FOUNTAI STREET COMMLINITY DEVELOPMENT ASSOCIATION TRUSTEES, REPORT (COliTI)'UED} FOR THE YEAR EIJDED 31 JAINUARI. 2024 Risk Review The management committ¢¢ has conducted its own review into the major risks to which the charity is exposed. Significant external risks to funding have led to the development of a strategic plan which will allow for the diversification of funding and activities. Internal risks are minimised by the implementation of procedures for authorisation of all transactions and projects and to ensure consistent quality of delivery for all operational aspects of the charitable company. Financial Review The Company returned a net surplus in funds of £12,930 (2023 - £36,062) after other recognised gains and losses. The results for the year are shown in pages 8 to 18. Reserves Poli It is the policy of the charity that unrestricled fidS which have not been designated for a specific us¢ should be maintained at a l¢v¢l w.th will ensure that. in the eN'ent of a significani drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. This level ol fimding has been maintained throughout the year. The Trust aims to continue to increase reserves to ensure the stability of its services. employment and everyday operations of the organisation. Goin Concern The Trustee> have a reasonable expectation that th¢ Tt has adequale resources to continue in operational existence for the foreseeable future. Current levels of financial performance by comparison with budgeted expectations" Continuing support from local bodies Accordingly, the TTUSt continues to adopt the going concern basis of accounting in preparing the annual financial statements. Inde endent Examiners A resolution for the reappointment of Gerald Kelly as tndependent Examiner of the Tnt is to be proposed at the forthcoming Annual General Meeting. Page16
FOUNTAIN STREET COMMUNITY DEVELOPMENT ASSOCIATIOLN TRLSTEES, REPORT (CONTINUED} FOR THE YEAR Ell DED 31 JAINUARY 2024 Statement of Trustees, Res onsibilities The Trnstees, who are also the directors of Fountain Street Comtnunity Development Association for the purpose of company law. are responsible for preparing th¢ Trustees, Report and the accounts in accordance with United Kmgdom Accounting Standards (United Kingdon] Generally Accepted Accounting Practice). Company law requires the Trustees to prepare accounts for each financial year which give a true and fair view of the State of affairs of th¢ charity and of its incoming resources and appltcation of resources, including the income and expenditure. of the charitable company for that year. In preparing these financial statements. the trustees arc required to.. Select suitable accounting policies and apply them consistently- ObseTr'e the methods and principles Tn the Charities SORP; Make judgetnents and accounting estimates that are reasonable and prudent. and Prepare the accounts on the going concern basis unless it is inappropriate to assume that the company will continue on that basis. The trustees are responsible for keeping adequate accounting records that ar¢ sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable thetn to ensure that the financial statements comply with the Companies Act 2006. They are also responsiblc for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and oth¢r irregularities. Statement of Disclosure to Inde endent Examiners So far as the Trustees are aware. there is no relevant infomiation of which the company's independent examiners are unaware. Additionally, the Tnte¢S have taken all the necessary steps that they ought to have taken as Trustees in order to make themseli'es aware of all relevant infonnation and to establish that the company's independent examiners are aware of that information. is report was approved by the Board on and signed on its behalf by: Lynn Maguire (Director) Jay Mccauley {Director} Pag¢17