IncredABLE Enterprises IA company Ilmlted by guarantee, not having a share caphal) TRUSTEES, ANNUAL REPORT for the financial year ended 31 March 2023 The trustees present their Trustees. Annual Report. combining the Directors, Report and Trustees, Report, and the audited financial statements for the financial year ended 31 March 2023. The financial statements are prepared in accordan with the Companies Act 20C6, FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The Trustees, Report contains the infornation required to be provided in the Trustees. Annual Report under the Statement of Recommended Practi (SORP) guidelines. The ttustees of the charity are also charity trustees for the purpose of charity law and under the tharity's constitution are known as members of the board of trustees. In this report the trustees of IncredABLE Enterprises present a surnmary of its purpose. govemance. act5Vities. achievements and finantss for the financial year 31 March 2023. The charity is a regislered charity and hence report and results are presented in a fom which complies with the rp.qiJirpmp.nt% nl the C.rtmpanies Act 2006 and. although not obliged to comply with the Statement of Recommended Practice applicable in the UK and Republic of Ireland FRS 102. the organisation has implemented its recommendations where relevant in these financial statements. Aims & Objectives IncfedABLE Enterprises empowers individuals with leaming dIfficuleS to make choices, discover talents, realise passions, participale in community and become rnore independent. The organisation voluntarily runs a number of cafes that provide training. education and employment opportuntbes for people with autism andl or leaming difficulties. The organisation's aim is to help people with autism andl or leaming difficutties to feel supported. valued and included whilst obtaining employment. Financial Review The results for the financial year are set out on page 9 and additional notes are provided showing income and expenditure in greater detail. Financial Results At the end of the financial year the charity has assets of £183.659 (2022 - £165.706) and liabilities of £105.944 (2022 - £58.552). The net assets of the charty have decreased by £(29.439). Structure, Govemance and management The charity was sel up in October 2019 as a company limited by guarantee constituted under the Companies Act 2006 and is also registered with the Charity Commission for Northem Ireland as charitable company under rel NIC108216. The company is governed by its Memorandum and Artides of Association wilh the principal office of the company located at 162 Portadown Road, Richhill. The trustees of the company are its directors for the purFK)ses of charity law. IncredABLE Enterprises is managed by board of voluntary trustees with experience working in the tharitable sector. Truslees are elected and appointed each year and can include representatives from some of the regional statutory agenaes with experience working with individuals with autism I leaming difficulties. Trustees receive an induction Pro5$ which includes an explanation of the current and future plans for activity within the charity and guidance on governance and responsibilities of a tnjstee. The day to day management of incredABLE Enterprises is delegated to a management team headed by Nigel Hampton, CEO. which reports to the Board on a regular basis. The charity's main risk assessed by the board is casmlow and the abilty of the company to meet payments when Ihey fall due. A reserves policy has been developed to help smooth cashflow pressure in circumstances where funding ceases or is delayed. Reserves policy A reserves policy has been formulated to explain the rationale for holding reserves and the level of reserves that is appropriate for the charity. The trustees review this on an annual basis and believe a free reserve target of three month5 running costs would be appropriate. i.e.. Approx. £200.0.
IncredABLE Enterprises {A Company Ilmlted by guarantee, not havlng a share catrI) Achievements Café incredABLE Jethro Our Café in the Jethro Centre is Tunning strong. open 5 days a week offering made to order meals from a carefully- crafted menu. Additionally. Café incredABLE caters for intemal Jethro Centre clients as well as outside groups regularly, giving partiopant trainees the opportunity to leam catering in addition to cooking. seNing, using the till. and more. Café InCdABLE @ Jelhro increased the total sales by 360A for the 2022-23 financial year, serving 18.102 customer transactions. but most importantly, employing and supporting 7 individuals with a leamingfintellectual disability andlor autism. Café incredABLE @ South Lake Our flagship Café in SoLrth Lake Leisure Centre (SLLC) in Craigavon also continues to shine. We are proud of the setvice we offer at SLLC, and we are even more proud that this café. in addition to having become a community hub, ontinues to be a place where we offer Iraining. employment. and meaningful daytime acttvity for individuals with a learningfintellectual disability andlor autism within our café spaces. Our customer base continues to remain loyal. and we serve as many people who come to the South Lake Leisure Centre just for a coffee or breakfast as we do those who are in the SLLC already frjr their own purposes and stop by for refreshment before or after. Café incredABLE @ South Lake increased the total sales by 10% for 2022-23 finanaal year, serving 135,463 customer transactions, bLrt most importantly, employing and supported 13 indrviduals with a leamIn1n1ellectUal disability andlor autism. Café incredABLE Banbrfdge Leisure Cerrtre Through our successful collaboration with Armagh Cty, Banbridge and Craigavon Borough Council we were awarded the tender to operate a third café on the first floor of Banbridge Leisure Centre and Café incredABLE @ Banbridge Leisure Centre launched on the Ph November 2022. Our social enterprise cafes have gained traction as a means of achieving social impact while sustaining a profrtable business m¢xlel. A cafe designed to accornmodate individuals with learninglinlellectual disabilities and autism serves as an inclustve Spa and an employment platfomi for this underserved community. This latest development for the charity further extended our geographical reach to another town within our area of operation and provides muth needed additional provision for individuals wilh a leamingfintellectual disability andlor autism. The café has created seven new jobs and is open seven days a woek seNing a range of freshly made hot and cold options as well as invhouse catering for events being held within the ntre. Trustees The trustees who served throughout the financial year, except as noted. were as follows.. Edwin Graham an Turtle In accordance with the Constitution, the trustees retire ty rotation and. being eligible, offer themselves for re-election. The secretary who seNed during the finanoal year was: Nigel Harnpton
IncredABLE Enterprises IA company Itmlted by guarantee, not having a share capital) Public Benefit The direel benefits which l]ow from our purposes inelude 3¢%Oproviding meaningful social, recreational. educational and daytime activities for indNiduals with a leaming or an intellectual disability. We provide young people with an opportunity and a space to be crealive and leam new skills in a safe. structured environment, and lo have fun doing it. This improves the wellbeing, self-esleem. and quality of life for people with a learning l intellectual disability. We equip these people with the skills they need lo have meaningful careers, prospects and swal engagement. These benefits are demonstrated through our provision of training and employment and education for people with learning disabilities and or autism. Café ineredABLE has helped these people lo obtain Level One Qualifications in catering and hospitality. Vve have employed some of our café Irainees and hope to employ more who come through our training programme. Our vision is a society Whe individuals with learnffig l intelledual disability and l or autism are sUPPOrted, valued and included. People wilh leaming l intellectual disabiltties and their carers often require recurring if not lifelong support. We help lo make these people with more autonomy and independen. These purposes do not lead lo harm. The charl$ beneficiaries are people with a reaming l intelle(lual disability in the Soulhem Health & Social Care trust aiea. They a150 include family member5 and carets of those who are diagnosed wilh a leamino I intelleclual disabiltty. Atl mernrs of the community are welcome in our café and can benefit from our purposes. Compliance with Sector-lwide Leglslation and Standards The charity engages pro-activety with legislation. standards and codes which are developed for the sector. IncredA8LE Enterprises subscrtbes to and is c(Knpliant with the following: The Companies Act 2006 The Charities SORP {FRS 102) Auditors The auditor5, Daly Park & Company Ltd. (Chartered AccDuntanls} have indicated their willingnes5 lo continue in Offi in accordance wilh the provisions of Section 485 of the Companies Act 2006. Approved by the Board of Trustees on 11th December 2023 and signed on its behalf by: Alan Turtle Trustee
IncredABLE Enterprises IA company limited by guarantee. not having a sharè capilall STATEMENT OF TRUSTEES, RESPONSIBILITIES for Ihe financial year ended 31 Maith 2023 The Iru51ees, who are also directors of IncredABLE Enterprises for the purposes of company law. are responsible for PTeparing the finanaal slalements in accordance with applicable law and fegulations. Company law require5 the Iruslees as the directors lo prepare financial statements for each financial year. Under that law the Iruslees have elecied to prepare the financial statements in accordan with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable lawl including FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Enlilies). Under company law the Iruslees must not approve the financial statements unless they are satisfied that they give a true and fair view of the slate of affairs of the rnPany and of the surplus or defrcit of the company for that period. In preparing these financial statements. the trustees are requId lo.. select suitable accounting policies and apply them consistenlly., obseNe the methods and principles in the Charilies SORP make judgements and estimates that are reasonable and pnKlenL slate whether the financial slalements have been prepared in accordance with the relevant fjnanaal reporting framework. identify those stsndatds. and note Ihe effed and the reasons for any material departure from Ih05e standards.. and prepare the financial statements on the going concem basis unless it is inappmprrate to presume that Ihe charity will continue in operdlion. The Iruslees are responsible for keeping adequate accounting records Ihat are sufficient lo show and explain the charity's transactions and disclose with Teasonabie accuracy al any lime the financial posilion of the charity and enable them to ensure that the financial statements comply wilh the Companies Act 2006 and. They are also responsible for safeguarding the assets of the ¢harity and hence for taknng reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are awa. there rs no leVant audit infomiation {information needed by the charivs audiior in connection Yrith preparing the audilorfs report) of which the charity's auditor 15 unaware. and the trustees have taken all Ihe steps thal Ihey ought to have laken as trustees in order lo make Ihemselves aware of any relevant audit informats'on and to establish that the tharitvs auditor is aware of Ihal irsfomlalion. Approved by the Board of Trustee5 on 11th Decernber 2023 and slgned on Its behalf by: Alan Turtle Trustee