THE GRANGE CHRISTIAN RETREAT LIMITED (A company limited by guarantee) TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The Trustees present their annual report together with the financial statements of the The Grange Christian Retreat Limited for the 1 January 2023 to 31 December 2023. The Annual report serves the purposes of both a Trustees, report and a directors, report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019). Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors, Report) Regulations 2013 has been omitted. Objectives and activities a. Policies and objectives The Grange Christian Retreat Limited (The Grange) is established for the following Charitable objectives: 1. The advancement and promotion of the Christian faith for the benefit of the public in Northern Ireland and throughout the United Kingdom. 2. The advancement of education for the benefit of the public in accordance with the charity's Christian beliefs in Northern Ireland and throughout the United Kingdom. 3. The relief of those in need for the benefit of the public by reason of youth, ill-health, disability, financial hardship or other disadvantage in Northern Ireland and throughout the United Kingdom. b. Strategles for achlevlng objectlvas .Provision of a venue for running and organising Christian day retreats, including use of a biblical garden for spiritual contemplation and provision of a venue for pasloral care and restoralion. .Running and organising Christian day retreats and providing p8Storal care in association with Christian leaders and attendees. .Provision of valuable venue space for running Bible studies and learning, and to educate the beneficiaries in furtherance of the Christian f8lth. .Provision of a study-space for sermon and other writing including use of a biblical garden. .Running and organising Bible studies in association with Christian leachers and educators. .Provision of a space for those in need of physical, mental and spiritual rest 2nd peace. .Facilitation of social and horticultural therapy for physical, mental and spiritual health benefits. .The running of two types of horticultural therapy.. Active Gardening Therapy and Passive Gardening Therapy c. Activities undertaken to achieve objectives During the year The Grange continued to invest in building its core infastrastructure through continued works on the Biblical Garden and the venue and facilities needed to host groups for Christian day retreats, and was pleased to welcome its first visitors to the Biblical Garden during the year This includes provision of a space for Bible studies and learning and for horticultural therapy as part of the charitable objectives. Page 2
THE GRANGE CHRISTIAN RETREAT LIMITED (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Achievements and performance a. Main achievements of the Company The Trustees view The Grange as a non-denomintiational Christian retreat ntre. Furthering the aims, objects and work of the Christian faith is central to the The Grange's values and ethos and The Trustees wish to see that the centre is utilised as a venue by a wide range of stskeholders especially those in need. During the year we continued to invest in our core offering and build relationships with groups and organisations we feel we could offer our services to. The Trustees are willing to work with and provide assistance and services to any similar charitable organisation. Financial review a. Going concern After making appropriate enquiries, the Trustees have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. For this reason, Ihey continue to adopt the going concern basis in preparing the financial statements. Further delails regarding the adoption of the going concern basis can be found in the accounting policies. b. Reserves pollcy The Trustees assess the level of reserves on a continual basis to ensure that they are able to meet any commitments that could easily arise. Structure, governance and management a. Constitution The Grange is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association dated 9th December 2016. The most recent Articles of Association were adopted on 19th April 2021. The Grange is registered with the Charity Commission for Northern Ireland under number NIC108870 and accepted by HMRC as a charity under number N101240. b. Methods of appointment or election of Trustees The management of the Company is the responsibility of the Trustees who are elected and co-opted under the terms of the Memorandum of Association. Page 3
THE GRANGE CHRISTIAN RETREAT LIMITED (A company limited by guarantee) TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Structure, governance and management {continued) c. Organisational structure and decision-making policies The Board of Trustees are responsible for all aspects of corporate governance within the company. They meet a minimum of four times a year to define and agree strategic priorities for the charity, monitor progress and review the resources available to sustain the company. The day to day running of the charity is carried out by the Caroline Somerville. The board continues to regularly review any major risks arising from or impacting on the activities of the charity. The Trustees are satisfied that the major risks identified have been adequately mitigated where necessary and consider that the financial systems and controls in place are appropriate to the size of the charity and the nature of its operations. A formal risk analysis covering all areas of The Grange is in the process of being carried out which will enable the board to better identify and implement reporting and controls for relevant risks. Members. liability The Members of the Company guarantee to contribute an amount not exceeding £1 to the assets of the Company in the event of winding up. Statement of Trustees. responsibilities The Trustees (who are also the directors of the Company for the purposes of company lawl are responsible for preparing the Trustees, report and the financial stalements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements for each financial Under company law, the Truslees musl nol approve the financial stalements unless they are satisfied that they give a true and fair view of the slate of affairs of Ihe Company and of ils incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to.. select suitable accounting policies and then apply them consistently., observe the methods and principles of the Charities SORP IFRS 1021., make judgments and accounting estimates that are reasonable and prudent- state whether applicable UK Accounting Standards (FRS 1021 have been followed, subject to any material departures disclosed and explained in the financial statements., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Trustees on 17 October 2024 and signed on their behalf by.. Caroline Somer¥ille (Chair of Trustees) Page 4