GLARRYFORD FARMERS, HALL LIMITED REPORT OF THE DIRECTORS (INCORPORATING TRUSTEES, REPORT) The Director5 (who are also the trustees) are pleased to present their rew>rt toTrether with the fmancial statements of the charity for the year ended 31, August ?O?i. which are PTepaTed lo meet Ihe requirements for a directors. report and accounts for Companies Act purposes. The directors have adopted the prov:sions of the Companies Act 2006 aTJd Accountintr and Reportino by Charities: Statement of ReCO.Inellded Practice applicable to charities prepariiig accounis in aCcord¢ce wilh the Financial Reporting Siandara applicable in the U'K and Republic of Ireland (Cliarities SORP - FRS102). in pieparino the annual report and fujancial statemeiiis of the charity. Achievernents and performaDce This year saw activities begin to return to pre Covid norn)aliti' and Trustees with ineinbers begaii to tui-n tlieir attention to fundraising activities. Events were planned for this financial year and beyond to include a Bar-B-Quc and Drama eveninL. These fundraisinD events saw those involved with ihe compan)I workinTr tosyether as a ii'ider team with social benefits as w¢ll and we will continu¢ 10 build on this v¢ar-on-year. IncoTne from fundi'aising came 10 £6,095. Directors are reaching) out to other organisaiions lo reni the preinises and th is year saw DAEiiA and Bann Ma&ne West men's group renting the hall with increased bookings coming through tor the following season. Rental income for the year came 10 £8.138. The company was reg>istered with Ihe Chariry Commission Nl on 15 ' Ociober 2021. The Trusiees have had regyard to the Charity Commission's Public Benefil requirement. Financial review and funds policy During Ihe year the Charity had total income of £18,214 and total expenditure of £23:004 resulting in a net deficit of £4,790. The net deficit for the year &% shown in Ihe statemenr of financial aciivities on pag?e 7 has been transferTed to the company's funds. Details of the financial position of the Charity at the year-end can be seen on page 8. Ar the end of the year the Chariry had £11,083 cash at bank. li is the aim of the Trustees. if possible. to Inaintain an iinrestricted cash reserve equivalent io that of at least iwo monihs exp¢nditur¢. The company plans to continue its activilies in the forthcoming years.
C.LARRYFORD FARMERS, HALL LIMITED REPORT OF THE DIRECTORS (continued) Objectives and Aetivities (and how they deliver public benefit) The Charity's objects are slaled in its ArtRcle5 of Association as being specifically restricted to the followintr: the advancement of eaucation the advancement of citizenship or community developnient the advanceellt ol'the arts. culture. heritaoe or sci=nce b), providing a community, hall for use by the community in and around tl)¢ North Anrrim area for meetings, lectures. ¢lass¢s, drama perforniances. arts fesziiials and oiher fomis of recreaiional activities. Nothino in the Company's Articl¢s of Ass(Kiation shall authorise an application of the property of the Chariry for purposes wliich are not charitable in accordance li ith Section ? of the Charities Act (Noriliern Ireland) ?OOS. The hall Lonstrucled by the company is used as follows.. By GlaTryford Young Farmers, Club, a youth organisaiion managed by young voluliteers with a current membei'%hip of 80 young people aged betwe¢n 12 and 30. This organisation has educational, recreatioiial and social aspects to it and helps reduce isolation in the rural community. Activities include PLiblic speaking. crafi, floral art. drdma, song and dance. stock judgying, football, tug of war. debatino pres¢nlalions and others including significani communiry events and events to raise money foi. charitable causes. The Young Farniers, Club leaders and members contribute significant volunteer hours each year to the lo¢al cornmunTty. By Glarryford Women's Institute, an organisalion for women in the local community to come together for both Social and educational purposes. By the local Farniers Union. when again local residents Come together for both social and educational pury)oses. In addition to the above the hall is available for many other activsiies particularly to include celebration events. health and ivellbeing activities, ¢offee momings and inforniation events. Reference and administrative deta¢ls Reoistered name: Glarryford Farn]er5' Hall Limited NICI 0828) Charity registration number-. Company retsistration number: Principal office and registered office: N1647881 21 Killycowan Road. Glaryford. Ballymena. BT44 9HL Company secretary and trnstee: Mrs Gillian Reid
CLARRYFORD FARMERS, HALL LIMITED REPORT OF THE DIRECTOIiS (eontinued) Directors and Trustees of the Company The directoi's who held office duTing ihe year were &8 follows: Mr Richard Calderwood Mr Robin Cherry Mr MeTvyn Dickey Mr Wallace Stew&rt Greoo Mrs Lynda Jane Mccullough Mr Huijh Millar Mrs Katherine Anne Millar Mr Ernest O"Flara Mr Peter Alexander (appointed 24, April 202)) Mr Robert Sinipson (resigiied 24 April 2023) Structure, governance and management The company is ooverned by irs Memorandum and Articles of A550ciation dated 7111 Sepieinber2017. In the event ot the Company being wound up mernbers are required lo coniribule ar, amount not exceedin¢y £1. The Board is responsible tor ihe overall governance of ihe Company and is actively involved in the day-to-day managemeni of the organisation. Directors are appointed in line with the Memorandum and Articles of Association of the company. The Board of Direclors are also known as Trustees for the Purposes of ihe Charity Commission. Risk mgnagement The directors have conducted a review of the Tnajor risk5 to which the charity is exposed. Financial risk is reviewed on a mollthly basis hawing due regard to 0(701n income and expenses. Statement of directors, responsibilities The directors (who are the trustees of Glarryford Farniers. Hall Limited) are responsible for preparing Ihe directors, reporl and the financial slalements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for oach financial period. Under that law the directors have prepared the fmancial statements in accordance with United Kingdom Generally Accepied Accounting Practice (United Kingdom Accouniing Standards and applicable law). Under Company law the directors must not approve the fancial statements unles5 they are satisfied that the)1 oive a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including incorne and expendiiure for thai period. In preparing these financial statements. the directors are required to.. select suitable accounting policies and apply them consistently. observe the methods and principles in the Charities SORP-FRS102. make judgements and accounting estimates that are reasonable and prudent: State whether applicabl¢ accounting standards have been followed, subject to amy material departures disclosed and explained in the financial slaiement- and prepare the financial statements on the gioing concem basis unless il is inappropriate to presume that the company will conlinue in business.
GLARRYFORD FARMERS, HALL LIMITED REPORT OF THE DIRECTOILS (contined} The directors are responsible for keeping adequate accountino records that are sufficient 10 shoH' and explain the charitable company's transaciions and disclose wilh Teasonable accuracy at any time The fancial position of the haritable company and enable thetn to ensure thai the finaiÈ cial statemeilts comply w'ith the Coinpanies Act ?006. They are also respoTrsible for safeouarding the assets of the cliaritable compan! and hence for taking reasonable steps for the prevention and deleclion of Irayd and oiher irregularilies. In tlie case of each director in office at the date the Directors" Report is 3pproved= so far as the director is aware. there is no relevant ii)forn)aiion of which the chaTity s independent examiner is unaware. and they Iiave taken all the steps that thei ought to have taken a5 a director in order to make themselves aware of any relevant information and 10 esiablish ihat Ihe cli8ritable company s independent examineT is aware of thai information. Funds held as custodian trustee on behalf of others Tlie charity does noi hold any fund5 on behalf of others. Independent examlner A resolution lo appoint independent examiner will be proposed at Ihe Annual General Meeting. Small companies provision statement This report has been prepared in accordance with the special provisions relating to companies subject io the srnall companies re¢vime within Part 15 of ihe Coinpanies Aci ?006. Approved by the Board on 301h April 2024 and signed on its behalf by: Mervyn Dickey Richard Calderwood Trustee Trusiee