THE BETHANY COMMUNITY TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 DECEMBER 2023 The trustees present their annual report and financial statements for the year ended 31 December 2023. The financial stslements have been prepared in ac¢ordanee with the accounting poliaes set out in note 1 to the financial statements and comply with the chanVs goveming document, the Companies Acl 2006 and "Accounting and Reporting by Charities." Statement ol Recommended Practice applicable Io Gharities preparing Iheir accounls i accorijance with the Finanaal ReFJOrting Standard applicable in Ihe UK and Republic of Ireland IFRS 1021" leffecb've 1 January 2019). This document has been prepared based on the guidance provided by the Charity Commission and Trustees have had regard to the Commission's Public Benefil requirement Statutory guidanee. Objectives and aetivities The Bethany Community Trust was set up by members of the Limavady Community wf(h the objecb've of building a local communty hall on the site of a parish hall that was destroyed in a fire in 2009. The sf(e of the Community Centre lies in an identffied area of deprivation. Accordingty, the Bethany Trust was able lo attract funding from the Neighbourhood Renewal Investment Fund whi¢h operates under the auspices of the Oepartmenl for Communities (D for Cl in Northem Ireland. The applrcalion was successful and the Trust received grant of £400,000 towards the cost of the building. The cost of the build was approximately £1 rnillion. The Parish of Limavady provided £720,000 wth the balance coming frorn the Neighbouthood Renewal Investment Fund. The build work was completed in 2020 and the charity look delivery of the keys in September 2020. The building was used infrequenlty over the firsl years. The calendar year 2022 was the first year when the Bethany Community Centre was free to open without Covid-19 restrictions. The day to day management of the Community Centre is carried out by a steering group drawn from the drfferent groups using the facility. Public benefit The trustees have paid due regard lo guidance issued by the Charity Commission in deciding what activities the charity should undertake. Aehlevements and perfomiance Significant aclivities and achievements against objects.ves The following groups are presenty using the Community Centre on an ongoing ba51S'. Senior Citizens Moumers Ecumenical Groups St Vincent de Paul I Salvakn'on Army at Christma5 time Community meetings Bowling dubs Children's summer scheme Special needs groups Local drama and arts groups Voluntary OUta¢h programmes I courses School parenls and teachers assoryalions Community concerts and shows. guest teas etc. Health and well being leldetty et&) Pilates Financial review Total incoming resources amounte¢Y lo £17.233 (2022-. £19,594) and after deducting resourGe5 expended of £42.521 {2022. £40,551} net expenditure of resources amounted to £25,288 (2022-. £20,957>.
THE BETHANY COMMUNITY TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Structure, governance and management The Bethany Community Tnjsl, a private company limf(ed by guarantee, was incorporated on 17 November 2016 (company No: Nl 6422001. The D1clOr$ of the Trusl are all drawn from the Eocal communty and give their time and professional expertise completely free of charge. The Northem Ireland Charities Commission approved The Bethany Community Trusfs registration on 23 November 2020. The trustees, who are also the directors for the purpose of company law, and who seNed during the year and up to the date of signature of the financial statements were". Monsignor B Mccanny Dr S Bradley Mr F McAulay Mr G McNicholl Mr N MacFlynn Mrs M Harron Recruitment and appoinlm8nl of tmsl8es Any person who is willing lo act as a trustee, and is permrtted by law lo do so. may be appointed to be a Irustee by erther an ordinary resolution or by a (fjecision of the truslees. Unless othemise detemiined by the company in General Meeting the number of trustees shall be not less than two. None of the trustees has any benefirial inlerest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a ndIng up. The trustees, report was approved by the Boar(1 of Trustees. Mr GMC stee choll 27 February 2024