Governance Advisory and Support Charity Organisation (NIC110262) Annual Report and Accounts For the Year Ended 31 December 2025
Trustees’ Annual Report
The Trustees present their report and the financial statements of the Governance Advisory and Support Charity Organisation for the year ended 31 December 2025.
Structure, Governance and Management
The charity is governed by its constitution and is overseen by a Board of Trustees who are responsible for setting strategic direction, ensuring sound governance, and safeguarding the organisation’s assets and resources. The Trustees met three times during the year to review activities, discuss strategic plans, and monitor progress.
Charity Status and Regulation
The charity is regulated by the Charity Commission for Northern Ireland (CCNI). Trustees ensure compliance with all regulatory requirements, including preparing financial reports in accordance with the Charities SORP (FRS 102).
Public Benefit Statement
In setting and reviewing the charity’s objectives and activities, the Trustees have considered the guidance issued by CCNI on reporting public benefit. The Trustees believe that all activities undertaken during the year have delivered measurable benefit to the community, particularly to charities owned by ethnic minority groups, by providing professional governance, compliance, and management support.
Review of Activities and Achievements
During the year, the charity delivered support to six charities owned by local and ethnic minority groups regarding registration, governance, and compliance. This support enhanced capacity and compliance within those organisations, contributing to stronger governance practices across the voluntary sector.
The charity also provided professional assistance to one charity in preparing management accounts, helping the organisation better understand and manage its financial reporting obligations. The support provided is estimated to have delivered a combined social value of £750–£990 in professional advisory and governance support that beneficiaries would otherwise have had to procure externally.
Financial Review
The charity received a single donation of £200 in the year and incurred total expenses of £179.29 in pursuit of its objectives. There was no formal budget for the year due to limited funds. A net surplus of £20.71 was generated and carried forward into the next accounting period. The Trustees are committed to ensuring financial integrity and adherence to the Charities SORP (FRS 102) in all reporting aspects.
Reserves Policy
The Trustees aim to maintain a small operating reserve to ensure continuity of activities and cover basic operational costs. At year-end, unrestricted funds of £20.71 remain available to support future initiatives.
Plans for Future Periods
Trustees have approved a three-year strategic plan to expand the charity’s services, including increasing governance support to a greater number of charities, delivering training workshops, and developing fundraising to secure financial sustainability. This plan is designed to improve long-term impact while maintaining prudent financial management.