COMPANY REGISTRATION NUMBER.. N1037176 CHARITY REGISTRATION NUMBER: NIC100200 Garvagh & District Community Association Company Limited by Guarantee Unaudited Financial Statements 31 October 2023 SP MCCAFFREY & CO Chartered accountants 50 Campsie Road Omagh Co Tyrone BT79 OAG Garvagh & District Community Association Company Limited by Guarantee Financial Statements Year ended 31 October 2023 Page Trustees, annual report (incorporating the director's report) Independent examiner's report to the trustees Statement of financial activities (including income and expenditure account) Statement of financial position Notes to the financial statements The following pages do not form part of the financial statements Detailed statement of financial activities 14 Garvagh & District Community Association Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) Year ended 31 October 2023 The trustees, who are also the directors for the purposes of company law. present their report and the unaudited financial statements of the charity for the year ended 31 October 2023. Reference and administrative details Registered charity name Garvagh & District Community Association Charity registration number Company registration number N1037176 Principal office and registered 50 Carn Road off ice Castlederg Co Tyrone BT81 7XA NIC100200 The trustees John Pat Connolly Bridget McGlinchey Sean Gallen Hugh Moss Hugh Anthony Moss Mrs B McGinty Mrs M McFadden Company secretary Hugh Anthony Moss Independent examiner S P M¢Caffrey 50 Campsie Road Omagh Co Tyrone BT79 OAG Structure, governance and management Governing Document Garvagh & District Community Association is a company limited by guarantee IN10371761. The company is governed by its memorandun and articles of association. The company is recognised by the Charity Commission for Northern Ireland under reference NIC100200. Garvagh & District Community Association Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (conlinuedl Year ended 31 October 2023 Objectives and activities We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities Principal Activity The Principal Activity of the Company is lo promote for the benefit of the inhabitants of the Garvagh and District area of County Tyrone and its environs lo advance education and provide facilities in the interests of social welfare for recreation with the objective of improving the standard of education. health. fitness and wellbeing of the sid inhabitants. It is the policy of the Company to raise and donate monies to other various Charitable casuses. both national and local. Achievements and performance The charity hold a monthly dance and operates a weekly youth club The charity's facilities are hired out to other community groups and individuals for information evenings. social functions and sportinglleisure activities The charity also supports local start-ups in the area Funding from the SECAD. NTR Communiuty Benefit Fund enabled the charity lo carry out electrical inspection and testing within the premises and also helped with maintenance and entertainment costs DAERA provided funding through the Rural Micro Capital Grant Scheme for improved health and safety works in the children's plauground The youth club is an integral part of the charity's activities and the charity was fortunate to receive funding from the Education Authority to contribute to running costs and for the purchase of equipment The charity continues to provide remote services to our community through befriending services. sharing inforrnation through social media. delivery service for the vulnerable people in our community The charity was able to deliver a summer scheme for the youth in the community. This was possible through funding assistance from the National Lottery's Community Fund for older people's health and wellbeing Grant assistance from Derry City and Strabane District Council's Community Support Fund towards the running costs of the organisation Is an important funding source In times of high rising costs The Trustees wish to acknowledge the continued support from their funding partners and thank them for their financial assistance. Financial review Grants The directors are satisfied that all grants have been used solely for the purposes for which they were provided Reserves policy The directors have set up a reserves policy which requires that reserves be maintained, in unrestricted bank accounts. al a level which ensures that the charity s core activities could continue during a period of unforeseen difficulty The directors consider that this figure should be £7.000. The Company's ReseNe Policy is reviewed by the directors on an annual basis. Garvagh & District Community Association Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (continued) Year ended 31 October 2023 Small company provisions This report has been prepared in accordance with the provision5 applicable to companies entitled lo the small companies exemption. The trustees, annual report was approved on 31 July 2024 and signed on behalf of the board of trustees by.. Hugh Anthony Moss Trustee