The Speedwell Ti"ust Limited
Ti'u5tees' Repoi't
Tlie liuslees, wlio are directors for the puiposes of conipany law, pi'e5eiit tlie annual rcpoi* togetliei. with tjie
rii)aiiGial slatemeiits of Ilie chai'itablc compally for the yeai. ended 31 March 2023.
Objectlves Aiid activitles
Objecls oiifl ai1113
The Speedwell Tiijsl Liniited is a rcgistci'ed charity and coinpany Limited by Guai'anlee. It is our ainbilion lo
ci'eate a bettei. woi'ld foi. chilth'en and yowig people by using a natuie-based appi'oacli to irti)ove baLY'iei's through
0￿. pi'ogramnies and by equipping cliildren and yoiu]g people aiid their families with tlie skills Theeded to
ovei'Loi)ie adversity, be i'csilient alld be able to deal witli the cliallenges life eaii briiig and iespond as caretskers
of tliei)Iselves, eacli oilier and Ilie world around Uiein.
In this reporting period we coinpleted an Incorpor3Lion process cl￿nging froii) the legal siaths of a Ti'ust to tliat
nf a cliai'itable l.iimited Coinpany. As a result of Ilie incon)oration process we wei"e I'equired to i'e-iegist¢r as a
cliai'ily. Wit51 ¢ffecl froni I st Api'il 2022. we becamc The Specdwell Tiust Liiiiitcd, wliicli Iiils ihe saiiic focus,
ainis and objectives as Ilie pi'evious cl)aTiiy. As Iliis is the firsl year of incory)oration. no coniparative figui'es &re
sliown in the Accounls.
We have four key ar￿ of foC￿S wl)ich are:
Sl)ai'ed Education - lielping to break doivn barriers and ci'eate a Iiiore inclusive socicty and to cquiij chilth'en
and young people with dic skills and knowlcdge to bring abou¢ posiUV¢ alld lastiiig change.
Eco-education ediicating cliildren and young people about the nanji'al world and equippin8 tlieni with tlie
skills aThd urtdeiElaiidiiig on how they Can play & role An safeguai'ding the woi'ld around tlieiii.
Wellbeing - iising Ilie forest, we takc a nawre-based approacli to delivei. woodlaiid wellbeing progran)iiies to
Iielp ¢liildren and young people understand how to look &fter tlieir pliysical and iiiental liealtl) and wellbeing.
Fainily Support- working with parents and carers to help them develop d)e skills, confidence aiid i'esilience to
nurlure and develop tl)eii' children.
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The Speedwell Ti"ust Limited
Trustees, Report
Piiblic beiiefil
Tlie benefits that flow directly from the pwpose are". (ia) tbe advanccinent of huinan rigiits, reconciliation and
tbe piomotion ot" religious and racial harmony and equality 2nd diveiBity tlii'ou81i tlie delivery of piDgroirnnes
tliat eiicoui'age positiv¢ bcbaviour, lolu'aiice and njuttial respect towards oiie allother leadiijg lo a bcttei. sliai'ed
fulure for all in society (ib) the advanc￿llent of ¢ducatioii and enviyonmenlal pi'oteclion via tlle developilleiit of
young people as coiilribulors lo the economy and Ilie enviromneiil through educalion foi. .siislainable
developnient le&diiig lo employnienl, reduclion in poverty, uneiiiploynlent and ath ove1711 bctlei- quality of life
(li) Ilie advaiiceinenl of ciliienship and coinjnunity development as a result of our long standing Ltlatioiiship
with scliools, who al'e the gaieway to Ilie wAdei' Cojlllnunity developing links wilh Plll'ents, families, exteiidcd
faI￿1]IeS, tea¢her8, friends, local groups, volunteers etc (iii) streiigtlieniiig and suppoiling similAI' groups lo
rilier advance i'espect Tliese benefits can be evidenced by recoi'ds kept in Ilie Iiuiiibers of cliildreii pai'ticipating
in woi'ksliops aijd p1.ograi￿1]¢s on a daily bL8is. evaluations coinpleted by teacliei's oll pi'ogi'anii))e conleiil and
relcvon¢e, coinihents on out. webpage, internal assessment of progiainme conlenl, eX1￿.D81 su￿eys, pl)oto and
video evidence, &nt)ual i'eporting lo fundei's and suppoi'ieis and also extemal audits. The possibility of Iiai'ni, for
exainple pl)ysical injury inciiiTed in Ilie 'oiitdoor environinen¢' is ouLweiglied by (lic benefit of exercise. fi'esli air
and learning 'oiilside Ilie cl8ssroom' by U)e policies and procediircs in place to addi'es5 such iisks e.g. cliild
pi'otection policies, l)ealt]i and safety policies, for&st prograuune ii8k assessinents, ￿'Oup safety at walei. IDaigins
policy ¢tc. The chai-ities beneficiai-ies are cliildi'cn, young pcople. parents and widei. coniinunity iii Noiiliern
Ji'eland and bordei. counties i.c. Monagl)an & Doncgal. Specific projccts niay addr¢ss paiticulai. coiincil airas
such as tlie Mid Ulslei. district and those aforenlentioned in the applicalion. No pi'ivate benefit is obtained by the
T￿sleeS as a i'csult of tlie pu￿OseS.
The lrnstees cotifirn) Iliat tliey liave taken cognisance of tl)e Cliarily Conimissioi) for Noitl)ei'n Ireland's ￿lida1]Ce
on public benefit as defined in di¢ Cliarities Act (Northem Irelaiid) 2008.
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The Speedwell Trust Limited
Ti"ustees' Repoit
ALtivAties gnd Pi'ojects Report
Diiiing 11)e repoLting period we worked alinosl 5500 cllildi'en througli tile delivery of 144 progi'ainmes in
Pai'kaLiaur and in schools. We also worked willi more tlian 1500 parcnts and cliildrcn ilirougl) oui. fainily siippoit
progi'omnie.
Sliared Kduefitloii
The majority of oiii- sliared education work tlils yeai. was delivered tlumiugli facilitation ofi)ro81'anlliies with local
scl)ools. A total of 260/0 of our clltire pi'ograll)me delivery, foi. tlie Ye￿., was iii relation to Shai'¢d Edv¢alion.
This ijjvolved woi'king with pairs of schools wl)o rwne together oli the Speedwell site at Parkanaur lo woik
ikn'ougli a L'ange of progiammes designed to support greater conjmullity cohesion, IrlaLionsliip building and
undeislallding.
Wotsdland Wellbeing
Having secui'ed fuiiding from a nuinber of sources, we were able lo offer the Woodland Wellbeing programine
lo local cliildrei), via their scliools foi. free. A total of 40 /0 of all prograinines delivered iii the repoilii)g period
wcre for Woodland Wellbcing. Tlie focus of ihis programme is io u¢ilisc tlie beiiefits of natui'e aiid beiftg
ouldooi's to support bcllei. pl)ysical and iiienlal lieallh and wellbeing for ¢liildirii. Tlie responBe to Iliis
progranimc lias been phenoinenal and Ii&s bcllefitted fi'oLll funding froiii Ille Magdalen Hospital Trust,
Nationwide oiid the Ii'eland Fiinds.
Tlie Woodland Wellbeing programme lias been bcneficial on so many levels. It allowed young childrcn lo spend
lime ouldooi's lo connect with natwr, to leani abollt tlic benefits of naluir on Ilieii. pliysical aiid Jnenlal licaltli
and wellbeing to spend timc connecting witli and playing wilh thcir peer ￿'0UpS wljere they were able lo leain
ncw skills, devclop a bettcr underst8nding of the world aroiind them 8iid Inost jinpolt￿ItIY to feel saf¢ and l)&ve
fjJn again.
Seasonal Pi'ogi'aiiinies
In Ilie Silliuner we welcoilled Rlinosl 200 childieii to the Summer Sclienie. In tol81 we held 5 weelo8 of Suiniiier
Scliei1)e. Oiie of Ilie weeks was fviided by Ilie Magdalen Hospi(al Trust and Ilie reiiiainder of Ilie weeks were
suppoi'*d by fiiiidiiig froiii Il)e National Lottery Comniunity Fund - Together for Our Planet, wliicli lielped us to
off-set Ilie costs of atlendinB Ilie Suiiinier S¢hen)e, Inaking il higllly affordable for local fainilies. Tlie Suinttier
Sclieftie had a stroiig eco aiid envii'onmentsl dieine.
We also offered Flalloween and Wiiiler Wonderland programmes in tl)c reporting p¢riod.
Natinnal Lntteiy Platlnum Jubllee Fuiid - Naturc Nurture
Dui-ing tile i'epoiling pcriod we were deliglilcd io be one of 70 organisalions across tlie UK to be awai'ded a
grant fi'oin the Platinum Jiibilee Fiind, as part of the celebrations of HM Queen Elii.abeth's platinuin jiibilee. Our
project, Natui'e Nurture w8s awarded £50,000 ovei. 2 yeArs with a focus on woi'king witl) yoiing cliildr¢n to
develop tlieiL skills, knowledge and enthusiasm for horticultuit and tlie cnvii'onmenl. Woi'king iii paitneiEIIip
with Casttccaulfield 140rticiiltural Society we commfflced WO￿ on diis 2-yeai' project.
During tb¢ reporting period, we delivered the programme to 47 cbildren witli plans to work with more tlian 180
chilth'eii next year.
The feedback froni tlie childi'eii and their fainilies has been overwhelmingly positive.
100 /0 of cliildi'en enjoyed taking pait in tliis Pi'oject.
980/0 of cliildren stated that they knew IrKJre About natw'e, dje enviroillnent, attd planting and gi'owiiig after
attcndiiig tliis projccl.
95 % of children slated iliey liad a better understanding of tlie eco-SyStcAn and how to prolect it.
98 1 of chÈldi'eii would reconunend this pi'ojecl lo tlieii- friends.
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The Speedwell Ti'ust Limited
Trustees, Report
Pareiital fecdback..
"A big Iballks lo all involved in the nurture lo natuir program. My son liad a grcal lime and really enjoyed it. He
is veiy cniliiisiastic about getting outdoors and using liis Iicw lools. We hope as a faniily we will be able to use
Ilie knowledge and tools Micliael received 10 and plant lil Oul. 8arden ai l)ome. Thanks again to all Staff foi-
delivcring siicl) a higl)-quality PlX)gi'8mme!"
Nuineroiis parent5 also i?ng lis to say how much tiieir child cnjoyed the progra1￿ne - wÈth one child asking foi. a
glrenhousel
Fainlly Suppoi't
Dui'ing dLe i'eporting p¢iiod we entei'ed a new plwe with fainily support. The LA)ttery funded sofT (Suppoi'ting
Ow. faniilies Togethci.) project had ended, but researcli had demonslralcd a slroi)g need for ongoing family
suppoit. We were foi'tutiate to secure fi￿dIllg froni tile Dcpl foi. Healili Meiilal Healib Support Fund and Coinic
Relief to fiind tbe cost5 associated witii the delivery of family support iii tlie ￿poi.¢1ng i)eriod, as well as soine
additional futtding fron) Ilie Aits Council Nl foi. soni¢ Arts-based family prograniines.
Mental Health Programines:
We delivei'ed two meiilal Iiealch prograinmes to Jlinost 230 cliildren. Tliese progra1￿1nc& were designcd lo
support cliildren and fainilies to Icai'n about wliat good I￿￿]￿1 health look.s like, leai'n pi'aGLi¢al ways to SUPPOT¢
Ilieinselves and spend time oiitdoors lo in)prove wellbeing. Every cliild reccived a lalce lioine i'esoiii'cc to sliai'e
witl) Ilioii. pai'entlcarci. on liow lo support thcir faiiiily's in¢iiial health wilh the learniiig fi'om tl)is piY)gi'ainnie at
Iiomc.
Woodl*nd Wellbeing:
Woodland wellbeing was dclivered in partneiEI)ip with Speedwell Pi'ograinmes Icain tai'geting childi'en in p1-2,
Many of Ili¢s¢ childi'en liad missed oiit on social oppoituiiities dwiiig their cai'ly ye81'8 duc to tlie paiidemic 8iid
as sucl) were fiiidiiig the li?nsilion lo priniary school very C1￿11¢ng[ry8. Botli schools ￿]d pareiils I'epoi'lcd 8
noticeable deficit in social skills, ¢oniniunicaiion skills aiid Ilie children's coiifiden¢¢. This pi'ograiiinie ulili8ed
outdoor le￿nIllg to introduce the concept of mental health in ali age &pi)ropriate and fijn way. Every cliild
r¢¢eived a take hoine resource lo sl)are witl) tlieir parentlcaicr oil how lo suppoit Iheii. fainily's mental l)eallh
with tlie learning finin Iliis progi'aiwne at lloiiie. The scliools also received tliis resoui'ce along witli thrill￿.
information on Speedwell Faniily Support service.
ri&mlly Bondlng and Ivellbelng retreats:
Tlieqe events wei'e orgaiiised for the puiyose of identifying f&iiiilies in iieed and witli a view tliat tlic fainilies
attending would beiiefit due to mental liealtli, low income, 60eial isolation, social skills & confid¢n¢e.
Almost 360 people look pail in this series of events and prograjnmes and the fcedback deiiionslrated botli a Iieed
and a posilive impact.
Pai'ent Feedback
"HAv&ng i'etiirned to work full time recently I feli I wasn't getting the s8tllc oppo1.￿nitIeS to spend qiiality time
witli iny cliildren, the retreat was Ilie perfect i'eiiiedy to tliat. It allowed us to cliAI and speiid limc togethei in
calm and engagiiig cnvii'oiuneiil, lliaking metnories attd irconnecling. We Inet otha lovely families too. I would
love the ch&nce lo allend anothel I'etre4t."
THINK Pi'ogi'ai))Jne lil scllools:
Almost 300 cbildrerL participated in the THtNK progi"amnie, designed to help children to better undeiBtand Ilieir
worries and emolLOI)s, and lo find belter ways of coping when Ibings stait to feel overwlielniiiig.
. Befoi'e attending Ibe Tbiiik piograiiiilie, 270/0 of cliildren knew what a trust person is. After atlending tlic Tl)ink
programnie, 92/0 undtislood wbat a trust person is.
Beforc atlending tlie ThirLk progrwnme, 190/ob of cliildreii knew Ilie naines of diffeiriit WOiTies. Afta. attendiiig
Ibe TLiink pi'ograttmie, 820/0 understo￿1 the nan)&8 of differellt wory.
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The Speedwell Trust Limited
Ti"ustees' Report
Before attending tlic TI)ink pro￿.￿l￿nie, 270/0 of children uoderstood wliat tlie size of a problein meant. Aftej.
atlendii)g the Think progi'asiunc, 910/0 undeistood wlwt tlie size of a pi'obleiii ineant.
Befoi'e attending the Tliink pi'ograninie, 521/bo of cliildirn knew wlio to go lo if thcy liad a big PToblem. Aftei.
attending Lhe Tliink programme, 950/0 knew who lo go to if Iljey have a big problein.
Cnunselling? Art And Play I'lierapy
Diii'ing tlie I'epoiting pei'iod we delivered 121 counsellingltherapy scssions to 27 individuals who were dealin8
with a l'ange of issiies froni poor mental Liealih. domestic violence, challenging family relationsliips, fillanci81
wonies and niany inore. The feedback denionstrated a hugeky positive impact.
TIIAiII< you
We are inlniensely grateful lo all oui. fi￿d￿￿, partnei's, partlcipating schools, pai'ents and childi'en and
vo5unleei's, We are also grdteful to the staff who worked ditigelltly to deliver oui- pi'oje¢ls aiid seivi¢es.
FuThd¢￿ in this period include:
National Lotlery Coinniuiiity Fui)d - Platinuiii Jubilee Fund
National Lottery Coinniuiiity Fund - Together for our Planet
Ai'ls Council Nl
• Dept of Healili - Meiilal Healtli Support Fuiid
Coinic Relief
Magdalen Ilospilal Tnisl
4 Nationwide
Tlie Ireland Funds
The Edwai-d Gostling Foiindation
Dept foi. Coinmunilies Siai'l Here fund
During Ilie year we appointed:
Gilliaii M¢Keown - Trusts & Gi'aiits Fundraising Mtlnager Ooiiied June 2022)
Maiyain Adam - Fainily Support Worker (ioincd June 2022)
PadL'aig Qui1￿- Prograninies knistant (ioined July 2022)
Tliey joined exisiing slllff.,
Fi iona Bl'own - Cliief Executive
Siephei) Crllbbe - Senioi. Pi'ogrammes Coordinator
Jodie Jackson - Progi'ammes Cooi'dinator
Dui'ing tlie year we bade fairwell io..
Gilliaii McKeown - Tiusls & Gi'ants Fundyaising Manager (left Dc¢ 2022)
Tara Gilkinson, Senior Family Supporl Woi'ker (left Mar 23)
Kiih M¢Farland, Fainily Support Workei. {Icft Mar 23)
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The Speedwell Ti'ust Limited
Ti'ustees, Repoi't
Sti'uctures govei'ngllee aiid m2nageinent
Policji oil vesei'ves
The cliaiity's policy is to i-etain a level of unrestricted i￿erVeS, wliicli inatclies the nccds of tlieTYust both at tlie
iii'rent timc and in tlie foi'eseeablc futurc, and which is suiftcient to cover any shortfalls in fiinding. At 31
Mai'Lh 23 11)e charity's iinrestrictcd fvnds weTe £83,118, whicli includes deSIgna￿d funds tolalling £60,786. Fl'ee
i'cserves at 31 March 2023 weir £22,332 which represents approximately l Jnontb of expejjdittiit.
r+ jiiaiiciftl ins(i'uments
Objeclives uiiilpolici&f
Tl)e cl)arity's activities expobe it to a iiumber of financial risks including credit i'isK casli flow I'isk and liquidity
risk. Tlie iise of finaiicial derivatives is governcd by ilie cl)ai-ity's policics appiDvcd by Ilie boail of tiiistees,
wliich pi'ovide writleii principles on tlic vs¢ of financial derivatives to manage diese risks. The cl)aiity does not
use dei'ivative financial insliMmcnls for sp¢culative pui'poses.
Casliflow i'isk
Tlie cliarity's a¢livili&8 expose it priniarily to Ihe finaiicial risks of cllangcs in foreign ciirrency excliange ralcs
and interest rates. Tli¢ chaiily l￿eS foreign cxcliangc foiivard eoiilracls aiid iiilerest lite swap conliacls lo liedge
llie.se exposui'es.
Interest bearing assets and liabilities are lield at fixed rate to c¢ilainty of cash flows.
CJ'ediÉ n'sk
Tlie charity's priiicipal financial assets al'e bank balances and casli, trade and otlier receivables, and investsnents.
Tlie cl)ai'ity's credit i'isk is pi'iinarily alti'ibutable to its trade rec¢ivAbles. Tlie aniounls presented iii Ilic balance
slieel are iiet of allowances foi. doubtful receivablcs. An allowance foi. inipainnent is Inade whei'e iliere is ali
identified loss event wliicli, based on pitvious expei'ience, is evidence of a I'cduclion in ilie recoverability of Ilie
casli flows.
Tlie credit risk on liquid fiirtds and derivative financial insliwmenls is liniiled because the counleip8rlies are
banks witli liigli ci'edit-ratings assigncd by inleii)8tional credit-i'ating agencics.
Tlic chayity lias no significant concentratioi) of credit i'isk, with exposuTe spread over a lai'8e nuinber of
coiinterparties and ¢ustoiners.
Liqiiidlty risk
In ui'dei. lo inainiain liqiiidity lo ensure that sufficient funds att available for oiigoiiig operntions and fu￿re
developnienLs, the charity uses a mixtuir of long-t¢im and Sholt-￿MI debi financc.
FLirllier details regaixling liquidity risk CMD be found in the Statenienl of accoullting policies in the financial
statcments.
The annii&l ropoit was approved by the lii]slees of the cbarity on 31 July 2023 and signed on its behalf by:
Law'a Swaile (Chaityffl'son)
Tlustee
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The Speedwell Trust Limited
Statemellt of Trustees, Responsibilities
Tlic ti'ustees (who al'e also tl)e directors of Tiie Speedwell Trust Liniiled foi. Ilie puiyoses of coinpaiiy law) al-e
I'espoi)sible foi. Pleparing tlie li'uslees, i'eport and the financial ststeinenls in accordance willi the Unitcd
Kingdoin Accouiiting Siandaiyls (United Kii)gdom Geiiei?Ily Acccpted Accounting Practice) and applicable law
and ¥eEiilalions.
Conipany law i'equiirs Ilie liwlees lo prepare finaiicial statenients for eacli finaiicial ye41'. Undei. eonipany law
the trustees niusl not approve tlie financial statenients unless iliey ale satisfied that diey give a tiwe and fail. view
of llie slate of affaiis of t]ie charitable ¢onipany and of its iiicoiiiing i'esources and application of i'csources,
including its uicome and expenditui'e, for that pei'iod. Ill prepaillng th&ge financial slateiiiei)ts, the I￿￿te¢S are
i'equii'ed lo..
select siiilable accounting policie% wid apply tbem eonsislently.
obseive the methods and principles in the Charities SOIiP'
make judgements and estimates Ibat are reasonable aud pNd¢nt'
slate wlieil)ei- applicable UK Accoiinting Standards liave been followed, subje¢l to any niaterial depa1.￿li.¢5
disclosed and explained in tlie financial slateinents; and
pi'¢pai'e th¢ fiiiaiicial slateiiieiits on tl)e going concern basis unless it is inappropriate lo prcsume that the
chai'ilable coii)p8ny will coi)linue in busi11&8S.
Tlie Iruslee5 are i-esponsible foi. keeping adequate accounting recoids tliat are 8ufficient to siiow and explain tlie
cliarilablc coinpany's li'ansaLtions and disclose willi IEasonable accui7cy al any liine Il)e finanLiul position of Ilie
cliai'iluble company and enable Ilieni lo ￿lsUre thai the fiiiallcial staleinen15 coinply willi Ilie Coini)ai)ies A¢t
2006. Tliey are also responsil)le for safeguarding tlie assets of tlie chai'itable conjpany 8nd lience f￿. taking
reason&ble steps foi. (lie pi'cvci)lion and delcction of fraiid and otl)er ii'i'egulai-iliL8.
Approved by rhe trustees of the charity 011 31 July 2023 and signed on its belialf by:
L￿￿'a Swaile jcliairpei'soii)
Tii]slee
Page 8