Lou
hmacro
Communi
Develo
ment Association
Charitable Com
an
Limited b Guarantee
Re
istered number: N1040841
Trustees, Annual Re
ort
incor
oratin
the directorfs re
The directors, who are the trustees for the purpose of charity law, present their report and financial
statements for the year ended 31 May 2023.
The financial statements for the year ended 31 May 2023 follow on page 7, and they are preceded
by the Report of the Independent Examiner.
Structure, governance and management
Loughmacrory Community Development Association is a Northern Ireland based charitable
company, limiled by guarantee, incorporated on 16 May 2001. The Company registration number is
N1040841.The oiganisation is registered with the Charity Commission for Northern Ireland. The
registration number is 100907. The charitable company is also registered with HM Revenue &
Customs. The HMRC Charities reference is XR47227. The principal office is the registered office,
176 Loughmacrory Road, Loughmacrory, Omagh, Co Tyrone, BT79 9LG.
The company was established under a Memorandum of Association which established the objects
and powers of the charitable company and is govemed under its Articles of Association. In the event
of the company being wound up members are required to contribute an amount not exceeding £1.
The number of director5, who are the trustees, shall not be more than fifteen nor less than five. At
every Annual General Meeting of the company, one fifth of the Directors should retire from office.
These should be the longest serving A retiring director shall be eligible for re election. The directors
have the power at any time to appoint a director.
Objectives
The principal activity of the charitable company during the yeaf continued to be that of stimulating
and promoting the creation. within the district and town of Loughmacrory, of new enterprises and
projects, having as an objective the provision of goods or services, the creation of recreational
activates, or the improvement of the environmental well being of the district and town of
Loughmacrory
Activities
The company's activities include proactively engaging in a broad range of initiatives locally aimed at
enhancing and developing community seNices and facilities for the purpose of making
Loughmacrory an attractive, socially cohesive and healthy place to live, work and socialise. In
fulfilment of this objective, we work with other local organisations such as Loughmacrory and
Murrins District Angling Association, Loughmacrory GAA Club, St Teresa's Primary School, Nippers
Alley Playgroup and Loughmacrory Women's Group. Outside of the immediate area, we work in
partnership with Omagh Lions Club, Omagh Forum for Rural Associations, Omagh Triathlon Club,
Termon Wheelers, Termon Friendly Care Group, Omagh Harriers, Tyrone GAA County Board and
we are currently engaged in a project involving Omagh Ethnic Community Support Group The
activities that LCDA engage in are aimed at promoting social inclusion and capacity building They
include - 4 family fun days per annum, pensioners away days.

Lou
hmacro
Communi
Develo
ment Association
Charitablè Com
an
Limited b Guarantee
Re
istered number: N1040841
Trustees. Annual Re
ort
incor
oratin
the directors re
ort
Public Benefit Statement
Purpose 1 Promote rural regeneration
The direct benefits which flow from this purpose include- increased recreational opportunities,
increased access to public amenities, access and availability to land and buildings on favourable
terms to business to create training and employment opportunities and finally. financial and practlC81
assistance to people who are poor.
These benefits will be evidenced by verbal feedback from participants, attendance registers, the
quality and availability of our recreational facilities, the quality and quantity of our public amenities,
local unemployment ststistics and NISRA statistics on annual incomes.
Purpose 2 - Relieve povety
The direct benefits which flow from this purpose include.. increased grants and funding opportunities
for local people to avail of better living conditions and financial security.
These benefits will be evidenced by verbal feedback from participants. statisbcs from government
departments, social media and local press coverage of funding opportunities.
Purpose 3 - Relieve unemployment
The direct benefits which flow from this purpose include.. increased Job opportunities and
identification of training opportunities for the unemployed of the local area.
These benefits will be evidenced by verbal feedback from the local community and unemployment
statistics.
Purpose 4 - Preserve and protect health
The direct benefits which flow from this purpose include. increased health and fitness opportunities
for the local population-, community health initiatives. recreational facilities to promote sport and
exercise These benefits will be evidenced by verbal feedback from participants, attendance
registers of eventslinitsatives, social media and local press coverage of opportunities and initiatives
Purpose 5 - Advan￿ educatson
The direct benefits which flow from this purpose include.. Increased educational opportunities for
inhabitants of the local are8. by ensuring the local school remains open and sustainable.
These benefits will be evidenced by verbal feedback from participants, attendance register of the
school and qualifications held by the local population_
Purpose 6 - Provide facilities in the interests of social welfare for recreation and other leisure time
OCCLJpations.
The direct benefits which flow from this purpose include.. increased social opportunities for older
people,. family fun days promote interaction locally. increased sense of community spirit.
These benefits will be evidenced by verbal feedback from participants, attendance registers,
photographs of the events, social media and local press coverage of events.
We do not anticipate any harm leading from our purposes. The charity's beneficiaries are people
living in Loughmacrory and widef rural area, including the unemployed and people in financial
5tre5S.
There is no private benefit flowing from our purposes.

Lou
hmacro
Communi
Develo
ment Assoclatlon
Charitable Com
an
Limited
Guarantee
Re
istered nurnber: N1040841
Trustees. Annu
cor
oratln
the directorfs re
ort
Taxatlon Status
The charitable company is recognised as 2 charity by HM Revenue & Customs Accordingly, the
charitable company has availed of the exemptions contained in Chapter 3 Part 11 Corporation
Taxe5 Act 2010 and Section 256 Taxation of Chargeable Gains Act 1992.
Achievements and perfomiance
We are progressing on our objectives and targets and believe our work Is providing a great benefit
to the local community especially in the wake of the Covid-19 pandemic and the current economic
downturn.
Financial review
The organisation had another Suc￿$$fUl year in which the net assets remain relatively stable at
£168,483. The organisation has continued to service its debt, reducing the loan balance to £5,690,
which will be repaid in full in the incoming year. The trustees beli8V8 the charity is in a strong
financial position and are confident the reserves of the company are of a sufficient level to be able
to conts.nue the activities of the charity and to serve their beneficiaries for many years to come.
The unrestricted reserves are available for use at the discretion of the trustees in furtherance of the
general objectives of the charity. All restricted reserves have been ulilised as directed by the donor.
Finance reserves are set aside to protect the charity against drops in income. The balance in the
charity's bank accounts at the balance sheet date is £11,639. This is a reduction on the previous
years balance of £19,400, however this included grant money recieved in relation to the new boiler
which was installed and paid for in the current year.
Independent Examiner
At the annual general meeting it was proposed that Tyrone Accountancy Services Ltd would be
re*lected as independent examiners for the incoming year.
Trustee6
The trustees of the company are listed on page 1.
Declan McAleer (Chairperson)
Barry McElduff
Martin Donaghy
Sean McDermott
Tom O'Brien
Sharon O'Brien
Kevin McElduff
Raymond Coyle
Orla Fox

Lou
hmacro
Communi
Develo
ment A550ciation
Charitable Com
an
Limited b Guarantee
Re
istered number: N1040841
Trustees. Annual Re
ort
incor
oratin
the direct
Small Gompany provision5
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act
2006 applicable to companies subject to the sm211 companies regime.
This report was approved by the board on 27 February 2024 and signed on its behalf.
le
Director