The Speedwell Trust Limited
Trustees, Report
The trustees, who are directors foT the purposes of company law. presellt the ajmual report together witli the
fLnancial statemeJ]ts of the charitable company for the year ended 31 ￿ch 2024.
Objeetives and actisryties
Objects ond ain
The Speedwell Trust is a registered charity and company Limited by Guarantee. It is our ambition to ci.eate a
better world for children and young people by using a nature-b&sed appr()ach to remove barriers through oui
prO￿ammeS and by equipping children and youn(y
people and their families with the skills needed to overcome
adve13ity, be resilient aud be able to deal with the Challenges life can bring and respond as caretakers of
themselves, each other and the world around them.
We have three key areas of focus whidi are:
Shared Education- helping break down baLTiers and create a more inclusive society and to equip children 2nd
yoiing people with the skills and knowledge to bring about tK)sitive and lasting change.
Eco-Education - ediicating children atkd young people about the natural world and equippinD them with the
sktlls and understanding in how they ean play a role in safeguarding the world around them.
Wellbeing- using the fottst. we take a nature-b&sed approach to deliver w(x)dland wellbeino
pi'ogrdmmes to
help childreTh atld young people understand how to look after their physical and mental health arld wellbeing.
Public benefit
The benefits that flow directly from the purpose are: (ia) the advancement of buman rights, reconciliation and
the promotion of religious and raci81 harmorjy and equality and divei'sity th￿OUgh the delivery of pro￿￿tt￿neS
that encoLLrage positive behaviour. tolerdnce and mutual r£spect towards one another leadino to a better shared
ture for all in society (ib) the advaneement of education and environmental protection via the development of
young people as contributors to the economy and the environment thmugh edu¢ation for suslaillable
development leading to employmenl reduction in poverty, unemployment and an overall better quality of life
(li) tbe adv8nccment of citizenship and community development as a result of our lono standing relationship
with schools, wlio are the gateway to the wider community developing links with p8Jents, families, extended
families, teachers, friends, local groups, volunteers etc {iii) strengthening and supporting Simil￿ groups to
fiirther advance respect These benefits can be evidenced by records kept in the numbers of children participating
in workshops and programmes on a daily basis, evaluations completed by teachers on programme content and
relevance, comments on our webpage, intemai assessment of programme contenL extertLa] SEllveys, photo and
video evidenee, annual reporting to fjjnders and supporters and also external audits. The possibility of hami. for
example physical injury incLLrred in the 'outdoor envirotunent, is outwel￿ed by the benefit of exercise, fresh air
and leaming 'outside the classroom, by the policies and procedures in place to address such risks e.
child
protection policies, health and safety policies, forest pmgrdmtne risk 2ssessmerhts. wup safety at water margins
policy etc. The eharities beneficiaries are children. young people, parents and wider Community in Northern
Ireland and border counties i.e. Monaghan & Donegal. Specific projects Lnay address particular counctl areas
such as the Mid Ulster district and those aforementioned in the application. No private benefit is obtatned by the
Trustees as a Tesult of the purposes.
The trustees confirni that they have takeT] co<ynisance of the Cliarity Commission for Northern Ji'eland's IFuid2nce
on public benefit as defmed the Charities Act (Northern Ireland) 2008.

The Speedwell Trust Limited
Trustees, Report
Activities 2nd Projects Report
During the reporting period we worked with almost 5500 children throuoh the deliveiy of 141 programmes itl
Parkanaur and in schools.
Shared Educ2tiotL
The majority of our shared education work this ye2r was delivered through facilitation of protyrammes with local
scboo15. A totsl of170/0 of our entire programme delivery, for the year. was in relation to Shared Education. The
i"eason for the reduction from the previous year wds due to cuts in School sh￿'ed Educatiotl Budgets.
A tELird of our Shared Education workshops were ￿nded through the Department of Foreign Affairs
Rcconciliation Fund,. This involved working with pairs of schools who came together on the Speedwell site at
Parkanaur and in their own schools. to work through a range of progrdmmes desI￿ed to support greatei.
community cohesion, relationship building and understanding.
Woodland Wellbein¢
Funding from the Wesleyan Foundation enabled us to offer ihe Woodland Wellbeing progl'ammc to 20 Schools
delivering to approximately 600 local children. A total of 13 % of all progratnmes delivei-ed in the reporting
period were for Woodland WellbeinLY. The focus of this progratnme is to utilise the benefits of nature and being
outdoors to support better physical and menthl health 2nd wellbeing for Children.
The response to thÈs proJts amme h&s been phenomenal. The Woodland Wellbeing programme has been
beneficial on so many levels. It allowed young children to spend time outdoors to connect with na￿re. to lea
about the bencfits of nature OD their physical and mental health and wellbeing to spend time connecting with and
playing with their peer groups where they were able to new skdls, develop a bettei undcrstanding of the
world around them and most importantly to feel safe and have fun again.
Seasonal Pro(vr2mmes
In the Slimmer wt welcomed 160 ehildren to the Summer Scheme. In total we held 4 weeks of Summ
Scheme. This protsramme had a strong eco 2nd wellbein(r theme. Et was packed full of inimersive actLVlties and
outdoor adventures. Frotn nattlre walks to pond dipping, our eng￿L¥l￿g program encouraged children to discover
the wonders of the natural world.
T￿OUgh interactive workshops and games, children leornt about water. wildlife conservation. minibeasts and
sustainable living. The overarching aitn of the summer scheme was to provide a supportive ￿]d inclusive
environjnent where children could mak-e new friends and create lasting summer n]emories.
We also offered Halloween and Wintcr Wonderland prograttLmes in the reporting period.
National Lottery Platinum Jubilee Fund - N'aturt Nurture
During the reporting period and in collaboration with Castlecauified HortIcuitur￿ Society and AJ Education we
delivered the second year of the Nattire Nurture project funded through the National Lottery Platinum Jubilee
FurLd to 165 ¢hildTen. The project focused on bringing children together to help develop their understanding.
skills. and pLssion for nature and cultivaiing alld growing plants, alld learning how this can add value to their
owrl quality of lives, whilst also contributing to a better environment.
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The Speediyell Trust Limited
Trnstees, Report
An additional aim of the project iv&s to develop a eommunity "Jubilee Garden" at the SpeedweEI Trust premises,
and to train 6-10 volunteers in hortiGvlture skills, with the aim of having & long-term group of people willing to
support tELe onooino development and maintenance of the .wden and to educate otheT5 in the comniunity and
potentially as future tnembeTS of the Horticultural Society. The Jubilee Garden is now complete alld what was
once an uDused space has been transfonned into a garden that is a fun. attractive space which can be enjoyed by
children (of all abilities) and their families. It is now a oarden that tells its owi story - plants have been gpecially
selected to 2ttr&ct a rich rarL<re of pollinators, 2 bird feed?ng station has been erected close to our btrd ELide where
children can observe and identify tlle visiting species. Our pond has been made safer and abounds with new
w&ter platlts that have created a Kn&5sive incre&se in the biodiversity living in and around the pond. The
t'enovation of the garden was undertaken by Aiyn Jones of AJ Education who had a ILiStoiy, expeitise and
in-depth knowledge of developing bio-diverse and accessible gardens. We recruited g volunteers (parents and
children) who supported Atyn with the garden Iran5formation. Throughout the joumey the vol￿nteerS have been
able to work with and leam from Alyn to develop their gardening and knorticulture skills. Alyn and his colleague
Andy (a fellow enwronmental educator) supported. coached and dekeloped the tsardenintt volunteers ensuring
tliat they are now able to caTe for and maintain the aardens while (sre&tlJ developinq tl)eir gardenintr knowledge.
A rich foundation h&$ beetL left foT our volurLteers to develop their sk-ills in the maintsnance of the garden.
The feedbaek from the children and theii" families I￿S been ovenvFLelmingly positive.
Child Feedback:
Before the project 250/0 of the children thought they bad a rrood knowledge of Nature and the Envirotunent. This
had risen to 75010 Post project.
At the beginnino if Lhe project the children were asked if they undet5tood the itnportance of protectin(r our
ecosystems. Pre project 43Q/o of the children understood the importance of protectin(y our ecosystems. This had
iisen to 82 % post project.
They were also asked 'how much did they know about planting and growing,. The results were 410/0 said they
knew lots about planting and growing pre-project. Post Project this fitsure had risen tt) 90010.
85 % of children said that they would deflllitely recottllnend this project to other chsldren.
Parental feedb2ek:
'I was honestly blown away by this prooramme and would highly recomrnend it. My kids loved it and it's
exactly the kind of tbincr we necd more of for our kids :}'
'Aoibhe had a fant&stic time at Parkanaur with the Speedwell teaml She learned lots aknut animals and their
lio￿t5 in the forest and lots of practical activities with planting and growing. A very generou5 bundle of
gardenkng tools were provided and will be put to good use at home. She Is very excited to get out into the
garden. '.} Couldn't recommend it enough!.
'My ktds really enjoyed this workshop. The). learnt a lot of practical knowledge about llature and glowing
vegetables and can't wait co usc their gardcning tools and growing pack at home with mum and dad! It's also
great to get them outdoors, tna](ing new fiiends away from TV and video gatnes! Thank you, Speedwell Te
for all the hard work! -)'
Northern Irel2nd Environment Agenty- Water Quality Improvemeut Fund
The Speedwell TrusL in partnership with thc Nortbern Ireland Enwontnent Agency (NtEA) through the Water
Qu￿lty Improvement Fund. successfull} implemented and delivered the River Torrent Project. This initiative.
designed to enhance environmental aw'areness and comtnunity engLoemenL brouJo It tooether local schools,
commwiity ￿0Up5, and volunteers xn an effort to improve the health alld vitslity of the River Torrent and its
suri'ounding ecosystem.
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The Speedwell Trust Limited
Trustees, Report
During the reporting peri(Kl The Speedwell Tn￿ designeQ developed and delivered 40 education days
(approximately 304/0 of our PiDgrammes delivered during the reporting period) to 10 locat schools in close
proxiEnity to the RiN'er Torrent. Children, teachers and staff tlK)k part in w'otkshops aimed at emphasi7.ing the
significance of rnaintaÉning and enhancino water quality. alongside practical actions they can undeitake to
support conservation efforts.
Additionally, education days were held at the Speedwell Centre in Parkanaur Forest Park where participants
delved into topics such as survey works, invasive species idencifieation. water quality monitoring techniques,
pollution control measures, and indicator species trainirlg.
The River Torrent Project has been instrumental in fostering a sense of environEnents] responsibility and
Conllnuntty involvement. By engaging local sch(M)Is. community groups, and volunteers, we have not only
raised awareness about the importance of Preserving our natural resources but have also taken tatigible steps
towards tmproving the health of the River T0￿ent and its ecosystem.
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The Speedwell Trllst Limited
Trustees, Report
Nature Rangers- D'oyley Carte, Sollter Trust and 29th Mgy 1961 Cbaritsble Trust
Having secured funding from a number of sources. we were able to offer the Nature Rangers piograttllne to
local children, via their schools for free. A total of 16Q/o of all proorammes delivered in the reporting per(od were
for Nature Rangets. We know frotn experience and listening to young clLildren that "climate anxiety" is 8
concern for them. They descTibe feeliDo powcrless to know what to do, to positively impact the environment.
The focus of this programme is to equip children with the skills, knowled(*e and experience to delivei positive
tnp&ct on the environment at school which they can then replicate at home and in their community. As Natui'e
Rangers, these children cau feel empowered to act and to share their leatning in and out of school and be the
futhre cbatnpions arLd custodians of the environment.
The response to thL5 progratnme been phenomenal and has benefitted from funding from the D'oyley Carte
Trust. Souter Tn￿t and the 29th May 1961 CbarÈtable Trust. Linking to our priority areas of the
"self-envir0n￿ent" and the "external environment" the Nature Rangers project aims to help ehildren develop
sLills and experiences which will support thetn throuJtr ]out their live5, but a150 contribute to positive climate
action.
Thxnk you
We are immensely gratefi￿ to" all our funders, partners. participating schoo15, parents and childrcn atld
volunteers. We are also grateful to the staff who worked diligently to deliver our projects and services.
Fundels in tELiS period illclude=
. NationaI Lottery Cornmunity Futld - Platinum Jubilee Fund
• National Lottery Community Fund ~ LivinE Spaces and Places
. Dept for Communities - Start HeTe ￿nd
. Department of Foreign Affairs
. Northcm Ireland Environment Atrency - Water Quality Improvement Fund
. Dormant Account5
. TELe 29Èh May 1961 Charitable Trust
. TELe D'oyley Carte Trust
. The Souter Trust
. The Wesleyan Foundation
Dllrinu the year we appointed".
Maiyam Adam - Pi'ogrammes Assislant (joined Ortober 202J)
Eoin TTe&nor- Income Generntion Manager & CollununicationslEtLgagement Lead (J'oined October 2023)
They joined existing staff:
Stephen Crabbe - Trust Manager
Jodie Jackson - Programmes Coordinator
Durinu the year we bade farewell to:
Fiona B Town - Cbicf Executive {left June 20?3)
Padraig Quinn - Pro￿8Mme$ Assistant (left August 202J)
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The Speedwell Trust Limited
Trustees, Report
Structure? governance and management
PoliLy on rgserves
The charity's policy is to retain a level of unrestricted reserves, which matches the needs of theTrust both at the
current time and in the foreseeable futurG and which is sufficient to cover any shortfalls in funding. At 31
March 24 the charity's uniestricted funds weie £60.193, which weie all de5ionated ￿nds. There are no free
reserves at 31 March 2024.
Finaneial instruments
Objgdivgs llndpolicies
The charity's activities expose it to a number of financial risks incliiding credit risk, cash flow risk and liquidity
risk. The use of financlal derivatives is ooverned by the charity's policies approved by the board of trustees.
wILich provide written principles on the use of finaJ)cial derivatives to manage these risks. The charity does not
use derivative financial instruments for speculative Purposes.
Co&hflow risk
The ¢harsty's activities expose it pritnarily to the fjnancial risks of Ghanges foreÈgn currency exchange rates
and tnterest rates. The charity uses foreign exchantre forward contrncts and interest rate swap contracts to hedge
these exposui'es.
JJ)tei'est bearing assets and liabilkties are held at fixed rate to ensure ccrtainty of cash flows.
Credit risk
The charkty's principal financial assets are bank balances and casb, tradc arLd other rcceivables, and investments.
The charity's credit risk is primarily attributable to its trade receivables. The amounts presented in tbe balance
sheet are rlet of allowances for doubtful receivables. An allowance foi. impairment is made where there is an
identified loss event whicfy based on previous experlence, is evidence of a reduction in the recoverability of the
cash flows.
The credit risk on liquid funds and derivatlve fmanciaj instnjments is limited because the counterparties are
banks with high credit-ratings &%signed by international ¢redit-rating agencies.
The ch￿lty has no significant concentration ot" credit risk. with exposure spread over a large number of
countery)arties and customers.
Liquidity risk
In order to maintatn liquidÈty to ensure that sufficient fjJnds are available for ollgoing operations and future
developments. the charity uses a mixtur¢ of long-terni and short-terni debt fillance.
Further detai15 reoardjnu liquidity risk can be found in the StaLement of accountin<F policie5 in the financial
statements.
281612
The annual report was approved by the trustees of the charity on ....
d signed on its behalf by..
Laura Swaile (Chairperson)
Trustee
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Tbe SpeedMTell Trust Limited
Statement of Trustees, Responsibilities
The trustces (who at'e also the directors of The Speedwell Trust Limited for the purposes of company law) are
i"esponsible for prepating the trustees, report and the fLDancial statements in accordance with the United
Kingdom Accounting Stand8Jds (United Kingdom Generally Accepied Accounting Prnctice) and applicable law
and reaulations.
Company law requires the kn￿stee5 to piepare fu)ancial statements for each financial year. Utlder company law
the knistees must not appi￿Ve the finatLcial statetnents unless they are satisfied that they give a ts'ue fair view
of the state of affairs of the eharitable company and of its incoming resotLrces and application of resollrces,
including its income and expendAture, for that period. In preparing these finat]cial Statements, the trustees are
required to..
select suitsble accountino pol?cies and apply them consistently.
observe the methods and principles in the Charities SORP-
make jud.
oements and estimates that are reasonable and prudent"
state whetlier applicable UK Accounting Standards have been followe(L subject to any material depar￿r¢S
disclosed and explained in the financial statements" and
prepare the financial statements on the going concern b&sis unless it is inappropriate to presume tbat the
charitable company will colltinue in business.
The tn￿tteS are responsible for keepkng adequate accounting records that are sufficient to show and explain the
charitable cornpany's transactions and disclose wÈth re&sonable accuracy at any time the financial position of the
charitable company and enable them to ensure that thc financial statements comply with tkne Companics Act
2006. They aTe also responsible for safeouardints
the assets of the chtiritable comparLy and hence for taking
reasonable Steps for the prevention and detection of fraud and other itTegularities.
21q¥
Approved by the trustees of the charity on
. and signed on its behalf by:
Laura Swaile (Chairperson)
TTUStee