Mayfield Village Community Association Trustees, Report The trustees who are also directors of the charity for the purposes of the Companies Act 2006. present their report with the financial statements of the charity for the year ended 31 January 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The Charity is a Charitable Company limited by guarantee and was incorporated on 25 January 2008. It is governed by a memorandum and articles of association. Legal and administrative information on page 1 fonns part of this report. Results The results for the financial year are set out in the statement of financial activities on page 5. Princlpal activity and business review The principal activity of the company is to promote the benefit of the inhabitants of Mayfield Village area and Its environs without distinction of age, sex, race, ethnicity, ability or raligious or political opinion, by associating wlth statutory authorities, community and voluntary groups and the residents. Dlrectors and trustees The directors of the company are its trustees for the purposes of charity law and throughout this report ar8 collectively referred to as the trustees. The members of the board during the year were.. Helen Callaghan Vacant Declan Burns Roisin Mooney Chairperson Treasurer In accordance with trie Articles of Association all of the trustees retire by rotation and offer themselves for re-election. Directors. interests No director had at any time during the year a material interest in any contract that was significant in relation to the charity's business. Objectives and activities The charity is based in Mayfield Village Community Association catering for the needs of the residents with specific emphasis on the identified needs of young people. We offer several programmes including.. Educational classes Summer scheme activities Keep fit classes Seasonal Gommunity events Youth walk in Glinic
Maffield Village Community Association Trustees, Report (continued) Risk management The trustees have a risk management strategy in place which comprises.. An annual review of the risks the charity faS., Systems and procedures lo mitigate risks identified,. and Impl8mentation of procedures to ensure minimum impact to the charity should any of the risks materialise. Trustees. responsibilities The trustees (who are also the directors of Mayfield Village Community Association for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. Company law requires the trustees to prepar8 financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources. including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to S81ect suitable accounting policies and then apply them consistently,. observe the methods and principles in the Charity SORP. make judgements and estimates that are reasonable and prudent; prepare the financial statements on the going conc8rn basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records which disdose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the finanGial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and deteGtion of fraud and other irregularities. This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. The trustees confinn that they have complied with the above requirements in preparing the financial statements. Approved by order of the board of trustees on 28 August 2023 and signed on its behalf by elen Callaghan (Chairperson)