ALLA PARISH COMMUNITY GROUP LIMITED REPORT OF THE BOARD OF TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2024 The directors, who are trustees under charity law, are pleased to present their annual directors, report together with the financial statements of the charity for the year ended 31 January 2024 which are also prepared to meet the requirements for a directors, report and accounts for Companies Act purposes. The financial statements comply with the Charities Act (Northern Ireland) 2008, the Companies Act 2006, the Memorandum and Articles of Association, and "Accounting and Reporting by Charities: Statement of Recommended Accounting Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (as amended for accounting periods commencing 1 January 2016). Reference and Administration Information Charity Name: Incorporated: Alla Parish Community Group Limited 28th January 2016 Charity Commission No: NIC107707 HM Revenue & Customs Charity No: N100674 Company Number: N1636077 Registered office: 91 Cumber Road Claudy Co Londonderry BT47 4JA Trustees: Rev David Slater Mr Peter Eakin Mr David Kennedy Secretary: Rev David Slater Independent Examiner: Mrs May Thompson Chartered Accountant 128 Terrydoo Road Limavady Co Londonderry BT49 OPF Bankers: Danske Bank PO Box 183 Donegal Square West Belfast BT1 JJS Solicitors: A D Mccay & Company 1 Limavady Road Waterside Co Londonderry BT47 6JU ALLA PARISH COMMUNITY GROUP LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2024 Our aims and objectives Our charity's purposes are as set out in the objects clause contained in the company's Memorandum of Association: The promotion of any charitable purposes for the general benefit of the inhabitants of the Parish of Alla, Londonderry in the county of Londonderry for which provision is not made from public rates and taxes as the Trustees shall think fit. How our charity activities deliver public benefit The charity exists to promote the benefit of the inhabitants of Alla Parish without distinction of sex, sexual orientation, race or political, religious or other opinions, by associating together the said inhabitants and the local authorities, voluntary and religious organisations in a common effort to provide facilities in the interests of social welfare for recreation and leisure time occupation with the object of improving the conditions of life for the said inhabitants. The direct benefit which flows from this purpose includes improved social interaction for those residents who would otherwise be confined to their houses and the promotion of good community development activities to advance citizenship in the local area. By improving the area, it has the potential to improve health and mental well-being for residents by empowering them to help themselves and their community. Principal activities The principal activity is that of a community group based in Alla, Co Londonderry. Various groups senior citizens, youth groups and volunteers benefit from activities and events organised by the Trustees and local residents. A bowling club is well attended. A Ladies Connect group meets regularly and attracts women of all ages and provides a great opportunity to build relationships and benefit from mutual support and encouragement. Results and reserve policy The results for the period are set out in the attached financial statements on page 5. The company showed an excess of expenditure over income of £1,370 (2023- £2,334). The total funds of the charity amounted to £9,411 at 31st January 2024 (2023 - £10,781). The Trustees consider the reserves retained by the Charity as sufficient for the ongoing needs of the charity. Related parties None of the trustees receive remuneration or other benefit from their work with the charity. Any transaction between a trustee and the charity must be disclosed to the full board of trustees in the same way as any contractual relationship with a related party. ALLA PARISH COMMUNITY GROUP LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2024 Risk assessment The Trustees are aware of the major risks to which the charity is exposed. Where appropriate, systems or procedures have been established to mitigate the risks which the charity faces. Internal control risks are minimised through the procedures for authorisation of all transactions and projects. Procedures are periodically reviewed to ensure that they continue to meet the needs of the Association. Procedures are in place to ensure compliance with applicable laws and regulations. These procedures are reviewed periodically to ensure that they continue to meet the needs of the charity. Structure governance and management The organisation is a charitable company limited by guarantee incorporated on 28th January 2016. The company was established under a Memorandum of Association and is governed by its Articles of Association. Member's liability in the evenl of the company being wound up is limited to £10. Trustees, responsibilities in relation to the financial statements The charity trustees (who are also the directors of Alla Parish Community Group Limited for the purposes of company law) ar responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the charity trustees to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) and with Accounting and Reporting by Charities: Statement 01 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). Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and 01 its net movement in funds for that period. In preparing those financial statements, the trustees are required to: select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charities SORP. make judgements and accounting estimates that are reasonable and prudent. state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements. prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue in business. The trustees are responsible for keeping proper accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006 and relevant charity legislation. "fhey are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Small companies, exemption This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. th Approved by the board of trustees on 13 August 2024 and signed on its behalf by: David Slater (Chair)