CHARTERED ACCOUNTANTS DERRYHIRK RURAL DEVELOPMENT ASSOCIATION ACCOUNTS 31 MARCH 2025 BELFAST LISBURN PORTADOWN Alfred House 19 Alfred St Bellast BT2 8EQ T: 028 90311113 Century House 40 Creseent Business Park Lisburn BT28 2GN T.. 028 9260 7355 17 Mandeville St Portadown Co Armagh BT62 3PB T: 028 3833 2801 gmcgca.com X twitter.com/gmcgca in GMCG Chartered Accountants Experienceyou can count on •TIAG' **CHARITY REGISTRATION NUMBER NIC101098** ## **Derryhirk Rural Development Association ACCOUNTS** ## **31 MARCH 2025** ## **GM[c] G PORTADOWN** Chartered Accountants 17 Mandeville Street Portadown Craigavon Co Armagh BT62 3PB **Derryhirk Rural Development Association** ## **ACCOUNTS** ## **Year ended 31 March 2025** |**CONTENTS**|**PAGES**| |---|---| |General Information|**1**| |Trustees’ Annual Report|**2 to 4**| |Independent Examiner’s Report|**5 to 6**| |Statement of Receipts and Payments|**7**| |Statement of Assets and Liabilities|**8**| |Notes to the Accounts|**9**| **Derryhirk Rural Development Association** ## **GENERAL INFORMATION** ## **Year ended 31 March 2025** |**Charity Name**|Derryhirk Rural Development Association| |---|---| |**Contact Address**|Derrycorry Orange Hall| ||Derryhirk Road| ||Dungannon| ||Co Tyrone| ||BT71 6NH| |**Charity Registration Number**|NIC101098| |**Trustees**|Lyn McCrea| ||Barry McQueen| ||Rosemary Matchett| ||Desmond Mullen| |**Secretary**|Lyn McCrea| |**Independent Examiner**|GMcG PORTADOWN| ||Chartered Accountants| ||17 Mandeville Street| ||Portadown| ||Craigavon| ||Co Armagh| ||BT62 3PB| |**Bankers**|Danske Bank| ||45-48 High Street| ||Portadown| ||Craigavon| ||Co Armagh| ||BT62 1LB| **- 1 -** ## **Derryhirk Rural Development Association** ## **TRUSTEES’ ANNUAL REPORT** ## **Year ended 31 March 2025** ## **Trustees’ Annual Report for the year ended 31 March 2025** The Trustees present the Annual Report and Statements of Receipts and Payments and Assets and Liabilities for Derryhirk Rural Development Association for the year ended 31 March 2025. ## **Structure, Governance and Management** Derryhirk Rural Development Association is an unincorporated association. The Association was formed on 8 June 2004 and its governing instrument is its constitution. The Association is administered by its officers who, for the purposes of charity law, are Trustees. Officers are sought according to the needs of the charity. The officers are assisted in the running of the charity by a committee consisting of a minimum of five members. ## **Objectives and Activities** The objects of the Association are: - To advance through education the skills and knowledge of the inhabitants of the area of benefit; - To facilitate the greater involvement of marginalised sections of the community, in particular women and girls, young people, the disabled and the elderly in the life of the community; - To promote awareness of the history, folklore and cultural heritage of the area; - To encourage acceptance, understanding and appreciation of the cultural diversity of the area of benefit; - To promote, by education and encounter, good community relations with other groups and cultural traditions and to interact with same in a spirit of peace and community reconciliation. ## **Achievements and Performance** Derryhirk Rural Development Association had a busy and successful 2024/2025 year. The management and maintenance of our community hall has had a significant impact on our community. Our efforts continue to foster social interaction, inclusion, and community spirit by organising a number of events throughout the year and maintaining the building to a high standard to enable these events to take place. Events this year included a Table Quiz, Community Concert and a Harvest thanksgiving service. These activities brought people together, creating a closer-knit neighbourhood, improved health and well-being, and strengthened positive relationships within the area. Our work demonstrates the value of a well-managed community space in fostering growth and community belonging. **- 2 -** **Derryhirk Rural Development Association** ## **TRUSTEES’ ANNUAL REPORT** _**(continued)**_ ## **Year ended 31 March 2025** ## **Achievements and Performance – cont’d** We were successful in obtaining grants from ABC council via the Financial Assistance Programme, which greatly helped to cover our general running costs. ## **Charities Commissioner of Northern Ireland - Statement of Compliance** Derryhirk Rural Development Association has given careful consideration to the Charity commission for Northern Ireland’s guidance on public benefit to ensure that the activities entered into help to achieve the charity’s objectives and activities, as well as providing public benefit. The benefit is defined as: - The empowerment of the local community to improve their living conditions and environment. - Provision of a more stable, safer neighbourhood by developing strong, positive relations between different people within the community. - Improved health and wellbeing for the local community. - Increased education and skills for participants. - Increase social interaction and inclusion with other members of the local community. - Access to further training and employment opportunities. - The building of positive community relations at a local level and the development of a more inclusive civic and cultural identity. - Provision of opportunities for the local community to explore their culture, history and identity. The charity’s beneficiaries are mainly (but not restricted to) inhabitants of the local area, including areas of Derrycorry, Derryhirk, Annaghmore, Tullyroan, Moy and Loughgall and to those visiting the area. ## **Financial Review** The accounts show a surplus of £1,083 for the year (unrestricted surplus of £892, restricted surplus of £191). Total accumulated funds (unrestricted and restricted) at the year end stand at £18,466. Total unrestricted funds amounted to £5,242, (of which £4,194 relate to fixed assets and £1,048 to cash funds). Total restricted funds amounted to £13,224 (of which £12,735 relate to fixed assets and £489 to cash funds). The Trustees have not set a minimum level of reserves to be maintained by the charity due to the nature of the charity’s activities and minimal day to day running costs. ## **Going Concern** The Trustees have reviewed the position of the charity and are of the opinion that the charity will continue in its activities and the accounts should be prepared on a going concern basis. **- 3 -** Derryhirk Rural Development Associatlon. TRUSTEES, ANNUAL REPORT (conllnuedl Year ended 31 March 2025 statèment of Truslees, Responslbllltlgs The Trustees are responsible for preparing the Trustees, Report, the Slalement of Receipts and Payments and the Sialement ol A5sels and Llabllities In accordance with applicable law and regulations. The law applicable to Ihose charlties in Northern Ireland. wllh income of less than £250.000 requires the Twslees to prepare a Statement of Receipts and Payments and a Stgtemenl of Assets and Liabilities for each financial year. The Trustees are resporssible for keeplng accounting records that are sufficient to show and explain the charity's Irans8clions and disclose with reasonable accuracy al any tlme the assets and liabilities of the Gharlty. Th8y are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevenllon and detection of fraud and other I￿egUlarlties. Principal address.. Derrycorry Orange Hall Derryhirk Road Dungannon Co Tyrone BT716NH Charity Reg15tration No: NIC101098 Signed on bèhalf of the Trustee5 Desmond Mullen Truste Dale Derryhirk Rural Development Association CHARTERED ACCOUNTANTS INDEPENDENT EXAMINER'S REPORT Year ended 31 March 2025 Independent examiner's report to the charity Trustees of Derryhirk Rural Development Association I report on the accounts of Derryhirk Rural Development Association for the year ended 31 March 2025, which are set out on pages 7 to 9. Respective responsibilities of charity Trustees and examiner As the charity's Trustees you are responsible for the preparation of the accounts in accordan with the Charities Act (Northern Ireland) 2008. It is my responsibility to= examine the accounts under section 65 of the Charities Act follow the procedures laid down in the general Directions given by the Commission under section 65191{b) of the Charities Act state whether particular matters have come lo my attention. Basis of independent examiner's report I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordan￿ with the general Directions given by the Charity Commission for Northern Ireland under section 6519)(b) of the Charities Act. My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity Trustees concerning any such matters. 17 Mandeirylle Street Portadown Craigavo BT62 3PB Alfred Hoiibt 19.4lfrL'd StTEet Bclfasl B'I'2 8BQ CentUE)' Flouso 41) CreSLwnt Business Park Li%hurn IIT28 2GN Tel++44 (0)28 3833 2801 Tel.. 44410128 9031 1113 Td: ￿44[0128 9260 T455 | Re￿e￿Audit￿￿ | cbarte￿T￿AayiBO￿ | FOre￿￿￿1)unLI￿ts | c￿T￿￿tel￿nB￿L￿Aa￿j CML￿￿at￿&￿g￿M￿0tG￿IcGGroUpI￿￿trd.RC¥ND. NI05*￿.I￿5tQfDIr￿0TS8￿￿￿rlltrcvi5tU￿￿tfiEt ReS￿le￿￿t0￿MIVCtII￿JlWOTkbytkne I￿9￿￿￿e￿I￿arteredknOun￿￿tsin[r￿lfj￿d AMember0fTIAG°.AWorld￿io¢A￿￿¢P0￿InWdenl￿￿￿Thth￿F￿r CHARTERED ACCOUNTANT Derryhirk Rural Development Association INDEPENDENT EXAMINER'S REPORT f¢ontinuèd) Year ended 31 March 2025 Basis of independent examinef s report (continued) My role is to slate whether any material matters have come to my attention giving me cause to believe.. That accounting records were not kept in accordance with section 63 of the Charities Act That the accounts do not accord with those accounting records That the accounls do not comply with the accounting requirements of the Charities Act That there is further infomiation needed for a proper understanding of the accounts to be reached. Independent examiner's statement I have completed my examination and have no concerns in respect of the matters 1 to 4 listed above, and in connection wilh following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. ILLIAN JOHNSTON ACA GMCG PORTADOWN Chartered Accountants 17 Mandeville Street Portadown Craigavon Co Armagh BT62 3PB Date. ao Ak9OSt &02Jo 17MattdeTr411e Street Pvrt#dtsw Craig#vo BT62 3PB A]fiEd Flnuse 19 AEfred.8treet Il¢lf*st BT2 8FQ Century Hoii%e 40 CrL'bLent Ilu$ine$$ PaTk LisbuTn EIT28 2GN Tel: +44 (0)28 3833 28ox Tel: +4410128 9031 1113 Tel-. +44 (9}28 9260 735.5 4T CknsrtertdAL￿￿nt￿nts | Rryi#c￿1Autht0ts | LhtrttrtdT&T i e(ryrAteFln1r￿tmrf￿0rS GblcG1sJ￿dSrL8rAme￿fG￿¢GG￿up￿m1te&Re￿No..￿OS966D ￿￿of[￿rt￿r51w&￿1bleIlr￿￿[dOffice R￿￿t￿rEdt￿f￿￿du￿LvthtwOr￿bythrl￿￿rt￿r￿fth￿rtrrCdA￿￿￿￿￿￿tshtt ITtl*rtd AMembEiofllAG -Awo[LdT￿d￿All￿ucC￿*1DknudClltACL￿￿￿n￿Flr￿5 **Derryhirk Rural Development Association** ## **STATEMENT OF RECEIPTS AND PAYMENTS** ## **Year ended 31 March 2025** |**Unrestricted**
**Restricted**
**Funds**
**Funds**
**£**
**£**
**RECEIPTS**
Donations
1,953
-
Grants
-
1,317
**TOTAL RECEIPTS**
1,953
1,317
**PAYMENTS**
Overheads
1,061
1,126
King’s Coronation Event
-
-
PAYMENTS
1,061
1,126
**Asset and Investment Purchase**
Purchase of equipment
-
-
**TOTAL PAYMENTS**
1,061
1,126
**SURPLUS/(DEFICIT) FOR THE YEAR**
892
191
Cash funds at 31 March 2024
156
298
**CASH FUNDS AT 31 MARCH 2025**
1,048
489|**Total**
**2025**
**£**
1,953
1,317
3,270
2,187
-
2,187
-

2,187
1,083
454
1,537
|Total
2024
£
542
2,385
2,927
2,635
300
2,935
168
3,103
(176)
630
454| |---|---|---| **- 7 -** Derryhirk Rural Development Association STATEMENT OF ASSETS AND LIABILITIES As at 31 March 2025 Unrastrlctod Rgstrictgd Funds Funds Total 2025 Total 2024 CASH FUNDS RECONCILIATION Cash at bank and in hand at 31 March 2024 156 298 454 630 Surplus l{Deficlll this year end 892 191 176 Cash at bank and in hand al 31 March 2025 BANK AND CASH BALANCES anii current account Cash in hand 1.487 so 454 OTHER ASSETS Unrestri¢l¢d Fund: Fittings and equipment (esttmated costl Rgstrlcted Fund:. Fitknngs and equlpment {cosl} TOTAL UNRESTRICTED FUNDS TOTAL RESTRICTED FUNDS Approv8d by the Tru51ees and signed on their behalf by., D8smond Mullen Trustee arry M¢ Trusie eon Dale Dale . q./.f /.2l.........., **Derryhirk Rural Development Association** ## **NOTES TO THE ACCOUNTS** ## **Year ended 31 March 2025** ## **1. ACCOUNTING POLICIES** Set out below are the principal accounting policies which have been adopted in the compilation of the Statement of Receipts and Payments and the Statement of Assets and Liabilities. ## **(a) Receipts and Payments** All items of income and expenditure included within the Statement of Receipts and Payments have been accounted for on a cash basis. ## **(b) Assets and Liabilities** Cash and deposit balances are stated at their monetary amount. Assets are included where there is a right to future economic benefit to which the Association is entitled at the year end. Liabilities are included where there is a constructive or legal obligation falling upon the charity that requires a future economic outflow. However no account is taken of amounts due in respect of the recurring expenses of the charity as these are recognised in the Statement of Receipts and Payments when paid. ## **2. TRANSACTIONS WITH TRUSTEES** The Trustees did not receive either remuneration or the reimbursement of expenses in the year. ## **3. FUNDS** Unrestricted Funds – these funds are used at the discretion of the Trustees in fulfilling the objects of the charity. Restricted Funds – these funds are used in accordance with specific restrictions imposed by donors or which have been raised by the Association for a particular purpose. **- 9 -**