Company Status
Waterford LEADER Partnership (WLP) CLG is a company limited by guarantee with charitable status.
- Company Registration Number: 189661
- Registered Office: Lismore Business Park, Lismore, Co Waterford
- CHY Number: 18451
- Registered Charity Number: 20070748
Our Mission
The mission statement of Waterford LEADER Partnership CLG is a clear expression of our purpose and strategic direction. It underpins everything we do as an organisation and guides our work in supporting communities across County Waterford.
Waterford LEADER Partnership is a trusted, independent, not for profit development company that works in collaboration with others to support the sustainable economic, social, cultural and environmental development of the areas it serves. It seeks to improve quality of life through authentic engagement with, and the provision of financial and other supports to individuals, enterprises and community and voluntary groups, primarily through the delivery of publicly funded programmes.
Our Vision
The vision of an organisation sets out the future state it strives to achieve. For Waterford LEADER Partnership (WLP), this vision reflects the aspirations of the communities we serve.
Waterford LEADER Partnership’s vision is that of a region with thriving, sustainable communities which have a strong sense of place. In this vision economic activity is progressive and dynamic, communities are united and empowered to have a major impact on their own futures, and where every individual has the opportunity to enjoy a better quality of life, with the support and leadership of Waterford LEADER Partnership.
Values – Our Promise to You
| Value | We will |
| Respect | · Ensure that everyone, both internal and external to the organisation, is treated with dignity.
· Be conscious of the impact of words on another person. · Nurture people and treating them with courtesy. · Respond in a timely fashion. · Really listen to what someone is saying – not make assumptions based on certain characteristics. · Be non-judgemental and recognise our own limitations. · Work with others where multiple needs are identified. · Consider the impact on the individual of group decisions and seek to mitigate any negative individual impacts. |
| Inclusiveness
|
· Actively consider the impact of decisions on marginalised and excluded groups and individuals.
· Take steps to combat unintentional exclusion and unconscious bias. · Review accessibility and how any potential barriers might be addressed. · Seek to unlock the empowering role of inclusion as well as its equity role. |
| Accountability | · Be willing to take responsibility for decisions at both a personal and organisational levels and not assigning unwarranted blame to others.
· Have the systems and processes in place and being used by all, which are necessary for good control to be exercised and reported. · Try to make decision-making and reporting processes open and shared, equitable and impartial. · Identify all factors which enter into decision-making. · Be mindful of the importance of trust in the work of the organisation. |
| Effectiveness | · Embed high quality is as an important metric for the organisation.
· Take work on only to the extent that the resources are available to produce a high-quality outcome. · Carry out regular client evaluations and share overall results. · Pursue staff development in the context of roles and responsibilities. · Reflect on our own effectiveness. · Put systems in place to allow a response to areas where effectiveness can be improved are identified. · Put effectiveness KPIs in place and use them. · Be willing to seek different approaches to doing things even if they are disruptive. · Be willing to accept a higher level of risk in proposals where the approach is new and the returns potentially significant. |
Audit Committee
Role of the Audit Committee
The Audit Committee supports the Board of Waterford LEADER Partnership CLG by ensuring strong financial oversight and accountability. Its primary purpose is to review the company’s finances and uphold transparency in all financial matters.
To carry out this role effectively, the Committee has full and direct access to WLP’s Financial Controller and external auditors whenever needed. This ensures independent and informed oversight.
Please note: The Committee’s role is oversight only. Management remains responsible for preparing accurate and fair financial statements, while independent auditors retain full responsibility for auditing or reviewing those statements.
Composition of the Audit Committee
The Audit Committee is comprised of five directors, including:
- Chairperson
- Vice-Chairperson / Company Secretary
- Three Directors
All members must be able to read and understand basic financial statements, including a balance sheet, income statement, and cash flow statement.
At least one member will have significant financial expertise—such as prior experience in finance or accounting, a professional accounting qualification, or comparable experience that demonstrates financial sophistication (e.g., serving as a CEO, CFO, or senior officer with financial oversight responsibilities).
Important: The Chairperson of the Board cannot also serve as Chair of the Audit Committee. The Audit Committee Chair will be elected by a vote among its members.
Evaluation Committee
Role of the Evaluation Committee
The Evaluation Committee is an independent body established to evaluate LEADER project applications on behalf of:
- The Board of Waterford LEADER Partnership (WLP) – as implementing partners
- Waterford Local Community Development Committee (WLCDC) – as contract holders
The Committee is responsible for assessing project applications and may request additional information if the details provided are insufficient to make an informed decision.
The Evaluation Committee reports regularly to both the WLP Board and WLCDC on its activities. While the WLP Board may make recommendations to WLCDC regarding strategic direction, final project approval rests solely with WLCDC.
Composition of the Evaluation Committee
The Evaluation Committee is made up of independent members with expertise relevant to LEADER projects. Members are selected to ensure impartiality and a broad range of skills, including community development, finance, and project management.
