Lcafalr Community A$Sl210n Ltd (A company limited by guarantee) Report to the Directo for the year ended 31 March 2024 The directors prescnt Ébeir tcport and th¢ financial ststements for the year ended 31 March 2024. The directors of Leafair Community Association Ltd for the purposes of company law and who served during the year and up to the date of this report are as follows: Yvonne Grahaffl Liam Griffin Louis Mcclenaghan Julie McDonald Gerry Mc,Monagle Our Aims and Objectlves oses and Aims Leafair Community Association Ltd (LCA Ltd), previousty known &8 L¢afair Community Association is a voluntary and charitable organisaiion based within the Ballyarn¢tt DEA. li was set up with ihe core aim of enabling local people who hav¢ been excluded fmm lifc chances to live fuller Itvcs and participate in th¢iT community. LCA Ltd operat¢5 from their community ownedlmanagcd community centre commonly ieferred to as 'Skeoge House,, which encompasses a reception are4 office space. a communavtraining room, an art5 and cultural hub and a communal kitchen. Cor¢ activili¢slservices at Skeogc HOUK include a Senior Citizens Luncheon Club, trnininyjeducation programm¢s for adults. trainee employfftent opportunities. a men's health programme, the Personal Youih Development Programme. youth projects in partnership with the Educalion Authority and general community developmenl activities which involve ¢nvironmental improvement project% community allotment& summer fesiival. Christmas Wint¢r Wonderland and a range of sociaVre¢reational aclivllies Ihioughout the year. LCA Ltd also facililate5 public meetings to address community issues as they arise. aclively liaise. work with or support a range of agencies on a w¢¢kly basis and these include Sk¢o8e House Women's Group. Alcohol Anonymous aftercare project, On the Str¢ets Youth Initialive who utili5e ihe premises to provide youth diversionary activili¢5 for t¢¢nagers in the area and the North West Regional College who ulilise "Skeoge House, as an outreach centre for l(Kal and accessible further educalion programmes. LCA Ltd atso manages several social economy proje¢ts such as the L¢afair 3G Pitches, Leafair Green GJTr. Skeoge Community Transport and L¢afair M¢n's Workshop. The Focus of our Work Tlie main puryx)se of LCA Ltd is lo have a more educated and qualified populaiion, a reduclion in poverty on people lives and prevent poverty on people living in the Outer North Area resulting in improved health 4nd well-being. Financfiydl Revl¢w Princi l Fundin Sources The key funders of LCA Ltd include The National Lottery Community Fund. Departhient for Communities. Garfield Weston, The Joseph Rownlree Charitable TrusL Nothern Ireland Housing Exe¢utive. Education Authority, Tudor Tn¢ cloihw0e Rukba Care Project and St Stephens Green TrusL Fut re fu din It is CActed ihal Department for Communiti&s and the The Naiional Lottery Fund wftll provide core funding for the for&%eeable future. Page 2
afair Community Assoeiation Ltd (A company limited by guarnntee) Continued... . StrueturA Governance and Management Govemin Document Leafair Community Association was established in 1994 as a community kd organisation. The association wa5 incorporated to a limit¢d company by guarantee on 20 August 2019. Th¢ company was granted charitable slalus on 12 October 2020. The charitsble company w&5 eslablished under Memorandum & Articles of A&%)cialion Ivhich outlined the area of benefit and the objects of the charitable organisation. Rec ilme t and A inlmcnt orth¢ Boar f Direclors The diteciors of the company ar¢ also ¢liarity Lrustees for the purpc¥ses of charity law and und¢f the company's Articles are known as members of ihe Board. Under the requirements of the Memorandum and Articles of Associalion, one third of the members of th¢ Board must 51and for rc-ekction at the Annual Generdl Meeting. All members of Board give their lime voluntsrily and receive no benefits frnm the chuity. Membcrs Induction and Trdinin Th¢ Board members are already familiar with the ivork of LCA Ltd and Board members are encouraged to particip¢ in r¢l¢vanl a¢tiviti&s. All Board mefftbers have been requircd to attend governanc¢ training. Obli alions of the Board Tlie main obligation of the Board are to d¢v¢lop and oversee the implementation of policy and to ensure that 5tructurcs and inanagemenl ¢ompli¢s with legal requirements and go(xl governonce practice. ani tional tructure The organisation structur¢ consists of S directOT5 and I l employees, which include a general manager and adminislation slaff. Risk Man cnt Thc direciors have assessed the major risks to which the company is exposed, in particular those relared to th¢ 0rationS and finances of the coimpany, and ale satisfied systems are in place to mitigate the exposu to the major risks. Page 3
Leatair CommuDity kno¢iation Ltd (A company limit¢d by guaralltse) Directors Responsibilities In Rclatioll To The FillaAeig1 Statements The directors are r&sponsible for preparing thc Annual Report and the financial statements ID accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Ac¢¢pted Ac¢ountii)g Practice). Company law rcquires th¢ ditOrS to prepare financial statements for each fmancial year. Und¢r coinpany law the director5 must not approv¢ the fla1 statements unkss they are satisfied that they give a true and fair view of the stste of affairs of the Gharitable company and of the incoming resourG¢s and appIltiOn of I'&sources, including th¢ incoine and expenditure. of the charilable company for that wiod. In preparing thes¢ financial Stalemcn the dircctors atc rquircd to: - select suitable accounting polici¢5 ]d apply them consislentty. - observe th¢ methots and principles in th¢ Charities SORP 2019 (FRS102). - make judgements and cstiD]atrs that are rc&sonable and prudent slaie whether applicable UK Arxounting Standards have b¢en follow& subject to any materid departures disclosed and explained in the fmancial statements. prepare financial stat¢meAts on the goin8 con¢ern basis unle&8 it is not appropriat¢ to ume that the company will contAiiu¢ on that b&sis. The director6 are responsibk for maintaining proper acUnting re¢oids whiGh dI105e with r¢&qonabl¢ accuracy at any tirne the finaDcial position of th¢ charity and enables Ihem to ¢nsure that the fllwicial Statnents comply with the Compani&8 Act 2006. Th¢ directots are also r&sponsible for safcguarding the a&sets of the Gharity and henc¢ for taking r¢&souable steps for the prev¢iition and dete£iioo of fraud and other irrcgularities. In ColanCe with company law, as the company's di(tOrs. tify thaL' So far a5 we are awar¢, th¢re is no relevant audit iDforniation of which the cA)mpan5 auditoxs are unaware. and &8 tlie directors of the company we have taken all 5tcps we ought to h&vc taken in order to make outselves aware of any relevant audit iTrforniation al to estsblish that th¢ charity's audito aK aware of that informatio Auditor's McGroarty Mccafftrty & Company are deemed to be reappoint in accordance with Section 487 (2) of the Cofflpani&s Act 2006. Small cosopany provisions This report is prepafed in accordance with thc special provisions of part 15 of the Companies Act 2006 relating to small compani. Th¢ fmanciAI stat¢ments were approvcd 8nd authorised for issue by the B03rd of DittetLX% on 2 July 2024 and Sign on its behalf by. Direclor Direttor Page 4