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The Charity Commission for Northern Ireland
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Roe Valley Enterprises Limited

  • Status

    Received: on time

  • Income

    £264.7K

  • Spending

    £222.2K

Charity no. 101606 Date registered. 21/01/2015

Public benefits

The public benefits that flow from the charitable purpose of urban and rural regeneration are:- a) The creation of employment, training and work experience opportunities for residents living in economically and socially deprived areas and consequently a reduction in poverty, hardship and unemployment, leading to a better quality of life for the

beneficiaries. b) Enhanced knowledge about setting up and running small businesses. c) Increased levels of knowledge and transferable vocational skills of those employees / work experience trainees that are taken on. These benefits can be evidenced in records kept by various agencies of the number of jobs and work experience opportunities created and the numbers of those who have successfully completed training courses. Evidence can also be found in evaluations of the activities of local enterprise agencies and in community surveys. The owners of small businesses that rent units on favourable terms gain some private benefit, but this is incidental and is outweighed by the public benefit that arises - employment and training opportunities for people from the local socially disadvantaged areas and increased money circulating and spent in the local economy which sustains further businesses. No harm arises.

What your organisation does

Roe Valley Enterprises offers a variety of workspace units on favourable terms to both start-up and expanding businesses as well as the use of meeting / training rooms and conference facilities. The owners of businesses that locate in our enterprise centre benefit from the favourable terms provided in respect of the easy in/easy out terms and

comprehensive facilities provided on-site (CCTV, reception services, mail handling, secretarial support, on-hand business advice etc). This benefit is outweighed by the public benefit that arises – employment and training opportunities for people from the local socially disadvantaged areas and increased money circulating and spent in the local economy which sustains further businesses. These benefits are considered incidental and a necessary consequence of carrying out the charitable purposes of Roe Valley Enterprises. Roe Valley Enterprises also delivers a range of learning opportunities including accredited business training and runs start-up business programmes such as Regional Start, Steps to Work, Steps2Success, Exploring Enterprise and Tradelinks. Most of these programmes are provided free of charge to participants, who are in the main long-term unemployed / disadvantaged. Roe Valley Enterprises work with prisoners in preparation for their release from HMP Magilligan. Support services offered include business advice and mentoring, preparation of business and marketing plans and help with grant applications.

The charity’s classifications

  • The prevention or relief of poverty
  • The advancement of education
  • The advancement of citizenship or community development

Who the charity helps

  • Adult training
  • General public
  • Unemployed/low income

How the charity works

  • Community enterprise
  • Economic development
  • Education/training
  • Relief of poverty

This display is a broad summary of the charity’s financial information. For a full understanding of the charity’s finances, the reader should view the PDF accounts and reports under the Documents tab above.

Income

£264.7K

Spending

£222.2K

Charity accounts & reports for financial year end 31 March 2024

Independent examiners report Charity accounts Trustee annual report

Charity accounts & reports for financial year end 31 March 2023

Independent examiners report Charity accounts Trustee annual report

Charity accounts & reports for financial year end 31 March 2022

Independent examiners report Charity accounts Trustee annual report

Charitable purposes

The objects of the Company are the promotion for the public benefit of urban and rural regeneration in the Limavady and Dungiven areas and their environs (the "area of benefit"), being an area of social and economic deprivation, by all or any of the following means: (i) the relief of poverty in such ways as may be thought fit; (ii) the relief of unemployment in such ways as may be thought fit, including assistance to find employment; (iii) the advancement of education, training or retraining, particularly among unemployed people and providing unemployed people with work experience; (iv) the provision of financial assistance, technical assistance or business advice or consultancy in order to provide training and employment opportunities for unemployed people in cases of financial or other charitable need through help: (a) in setting up their own business, or (b) to existing businesses; (v) develop the capacity and skills of the members of the socially and economically disadvantaged communities within the area of benefit in such a way that they are better able to identify, and help meet, their needs and to participate more fully in society.

Governing document

Memorandum and Articles

Other name

  • 5 Trustees
  • 3 Employees
  • 5 Volunteers

Contact details

Public address

  • Roe Valley Enterprises Ltd, Aghanloo Industrial Estate, Aghanloo Road, Limavady, BT49 0HE

Trustee board

Trustee
Mr Brian Mcmurray
Mr Ian Smyth
Owen Mclaughlin
Ms Mairead Mccormick Msc, Bsc Hons, Mcih,
Mr Ian Bennett

List of regions

  • Causeway Coast And Glens District Council
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