Lafalr Community A5SOCiation Ltd (A company limited ty guaranltt) Report to the Direetors for tbe yr ended 31 March 2023 The directors present their rew)rt and the financial statements for the year ended 31 March 2023. The directors of L£afair Community Asso¢iY4tion Ltd for the purposcs of company law and who s¢tved during the year and up to the date of this report are a5 follows: Yvonne Graham Liam Griifin Louis McClen8ghan Juli¢ McDonald Gerry Mcmonagle Our Ainjs and Objeetives os dAI l£afair Community Association Ltd (LLA Ltd). previously known as Leafair Community Association is a voluntary and charttable organi5ation b&sed within the Ballyarn¢ft DEA. It was set up with the ¢ore aim of enabling local p¢opl¢ who have been excluded from life chances to live fuller lives and participat¢ in their ommunity. LCA Ltd operntes frorn their community owndlmanaged Community centre MMon1Y referred to as 'skg¢ House,, which encompasses a reception arw officc space, a communkvtraining room. an arts and culturnl hub and a communal kitchen. Core activiti¢s15CTViCeS at Skeoge House include a Scniow Citizens Luntheon Club, ttaininweducalion programmes for adults, trainee ¢mployment opportunities, a men's h¢alth prowm4 the P¢rsonal Youth Development Prngramme. youih projects in partnership with the Educalion Auihority and general community development activities which involve environmenial improvernent project& community allotmrnts, summer festival. Christmas Winter Wonderland and a rang¢ of sociavrecreational activities throughout the year. LCA Lld also facilitstes public nting5 lo address community issues as they arise. actively liais4 work with or support a range of agencies on a weekly basis and these include Skeoge House Women's Group, Alcohol Anonymous after¢are projecL On the Streets Youth Initiative W'IK) Utilise the premises lo provide youth diversionary activities for teenagers in the area and the North West Regional College who utAlis¢ "Skeoge House, as an outreach centre for local and accessible further education progr2mmes. LCA Ltd also manages several social economy projects such as the i£afair 3G Pitches, ILafair Green Gym, Sk¢oge Community Transport and Leafair Men's Workshop. The Focus of our Work The main purpose of LCA Ltd is lo have a more educated and qualifd populatioffj a reduction in poverty on [ople lives and io preveni poverty on people living in the Ouler North Area rLsuliing in Improv health and well-being. Finaneial Rle Princi l Fundin Sources Th¢ kcy fund¢rs of LCA Ltd include Lkrry City and Slrnbane District Council, Department for Communities. Garfield W¢ston, Th¢ Joseph Rowntre¢ Charilable Tru5( The National Lottery Community Fun Nothtm Ireland Housing Executive. Education Authority, Tudor Trusi and St Stephens Green Tnl It is ¢xpxlcd that Depamnent for Communities and the Big IL>llery Community Fund will provide core funding for the for&seeable future. Page 2
StrnttMr4 Governance and Management Govemin DUMent Leafair Community Association was established in 1994 as a community led organisation. The &80ciation was incorporai¢d lo a limited company by guarantee on 20 August 2019. The company granted charitsble status on 12 October 2020. The charitable company w&s established under Memorandum & Articles of Association which outlincd th¢ area of benefit and thc obj¢¢ts of thc charitable organisation. Recruitm¢nt and A in en of the Board of Di ors The directors of the company are also charity trust¢¢5 for the putFX)ses of ¢liarity law and under the company's Articles are known as tnembers of the Board. Under the requirements of ihe Memorandurn and Articles of Association. one third of the members of the Board must sland for rc-election al the Annual General Meetin All members of Board give their time voluntarily and receive no benefits from the charity. Mcmbe Induction and Trninin The Board members are a]rlY familiar with the wotk of LCA Ltd and Biwd m¢mbers are encouraged to participate in relevant acii¥'ities. All Board members have been required to attend governance trainin bli tions Ih Th¢ main Obliglon of the Board are lo develop and oversee the implementation of PDli¢y and to ertsur¢ that structures and management complies with legal r¢quirements and go(xJ govemance practice. nlsational Structure The organisation strncture consists of 5 directots and 15 employees which include a general Manager and administstion statT. en The dir¢¢tots have assessed the major risks to which the company is exSL in particular thos¢ related to the operalions and finance5 of the company. and are satisfied that systems are in place to mitigate Ihe eXSre to the major risks. Responsibilities of the Bogrd of Directors Io addition to the responsibilAti¢5 Outlined ave the Board will prepare financial statements for each financial y¢ar which Eive a fair and true vi¢w of the state of affaiTS of the thItable company &% at the balance sheet dats and of its incoming resources and applicalion of r¢slrS. ilUding inci)m¢ and expenditure for the financial year. In prcparing th( financial statements. the Board should follow Ixst practice and: - select sufitable accounting polici and apply them con5iStenlly. - observe Ihe methods and PrI1P1¢S in the Charities SORP 2019 (FRS102). - make jud8¢mcnts and ¢stitnat¢s that are reasonable and pwdent: and wepare financial Statements on the going (xiccm basis unless li ks not appropriate to a&sume that th¢ CoMpY will wntinue on that b&sis. PAge 3
state whether applicable UK Accounting Standards have been followe subiecl to any material departur¢s disclosed ond explained in the financial slalements. - the Boa who are directors for the purpose of company law and members for the purpose of charity law. who served during the year and up to th¢ date of this report are set out on page l. The directOT5 are responsible for nlainlaining prnper accountin8 records which disclose with reasonabl¢ ac¢ura¢y al any time the financial position of the charity and cnables them to ensure the financial sldtemcnts comply with the Companies Act 2006. The directors are atso respM)nsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and defection of fraud and oiher irregularities. Small ¢ompany provisions This report is prepared in a[dance wilh the special provisions of part 15 of the Companies Act 2006 r¢lRting to small companies. The financial ststements were approv¢d and authori5 for issu¢ by the Board of Directors on 12 September 2023 and signcd on its behalf by. Dir or Page 4