Company Règlstratlon Number: N1605815 Charlty Reglstration number.. 101143 DSG2010 (Charitable Company Llmited by Guarantee) Annual Rèport and Firhancial Staternents for the year ended 31 January 2026
DSG2010 (Charitable Company Lirnited by Guarantee) CONTENTS Page General Information Dlrectorg Report Independent Examlner's Report Statement ol Flnanclal ActltIeS ststement of Financial Position Notes to the Financial Statements 9-17
DSG2010 {Charitable Company Llmlted by Guarantee) GENERAL INFORMATION Board of Dlrertors Mrs A. Adams Ms L. Blanev Mr E. Giboney Mrs A. Monteith Mrs C. Anderson (appointed June 20241 Mr5 D. Aley Mr H. Dickson Mrs M. Mccance Mrs J. Murphv Reglstered Office 66 Dreenan Road Beragh Omagh Co Tyrone BT79 OSH Company Reglstratlon Number Charity Registration Number N1605815 101143 Independent Audltors Ruddell and Company Chartered Accountants and Registered Auditors 16-18 Church Street Dungannon Co Tyrone BT716AB Bankers Santander Buslness Banklng Operatlons Sunderland SR43 4FW
DSG2010 {Charitable Company Llmlted by Guarantee) DIREcfoRS' REPORT for the èar ended 31 Janua 2026 The directors, who are the trustees for the pijrpose of charity law, have the pleasure in presenting their Report and the Financial Statements of the charitable company for the year ended 31 january 2025. The financial statements have been prepared in accordance with the Statement of Recommended Practice "Accounting and Reporting by Charities" IFRS 1021, Uniled Kingdom Generally Accepted Accounting Practice and the Companies Act 2006. Reference and Admlnistration Oetails The reference and administration details of the charitable company are a5 shown on page 2. Objectlves and Attlvltles The objectives of the DSG2010 company is to relieve poverty, advance education and for the protection of health among people of Drumnakilly. It does this through activities including providing tran5POrt to a local luncheon club for senlors, holding social evenings, cultural events, networking Senior5 Christrnas lunch, Drug and Alcohol awareness workshops, Old Tyme Dancin& a Walking Club, Monthly New51etter, Craft classes, Fundraising Activities, and Training workshops. Publlc Bèneflt Statement The directors of OSG2010 confirm that they have complied with their d(tty under section 4161 of the Charities Act INorthern Ireland) 2008 to have regard to the Charity Commission for Northern Ireland's guidance on public benefit and that the public benefit requirement has informed the activities of the charitable company in the year ended 31 January 2026. Achievements and Performance The directors are confident that the charitable company continue5 to meet its performance objectives to benefit the local community. The charitable company continues to receive fundlng from local bodies.
DSG2010 Icharitable Company Limlted by Guarantee) DIRECTORS, REPORT for the ear Ènded 31 Janua 2026 iontinued Flnanclal Revlew Flnonclul PerfomTronce The Tesults for the year are set out in detail on pages 7 to 17. The charitable company returned net outgoing resources for the year of £7,34912025'. net incoming resources of £17,306). At 31 january 2026, the total funds of the charity amounted to £72,53212025'. £79,881) comprising restricted funds of nil12025- nil) and unrestricted funds of £72,53212025: £79.8811. Principle sources of funding and how this has supported the key objectives of the charitable company are disclosed in the notes to the financial statements. Reserves Policy The charitable company does not maintain a formal reserves policy however the board of directors continue to monitor the level of reserves held by the charitable company and are actively taking steps to increase the reserves in order to meet any unforeseen expenditure incurred. Strurture. Governance and Management Orgonisationolstrurture The charitable company is a company limited by guarantee, not having a Share capital. The charÉtable company wa5 established under a Memorandum of Association which establish the objects and powers of the charitable company and is governed under its Articles of Association. All directors retire from the Board at the Annual General Meeting in accordance with the Articles of Association relating to the first annual general meeting and being eligible, offer themselves for re- election. The directors during the year are the same as the directors Iisteil on page 2. Toxation Status The charitable company is recognised as a charity by HM Revenue & Customs. Accordingly, the charitable company has availed of the exernptions contained in Chapter 3 Part 11 Corporation Taxes Act 2010 and Section 256 Taxation of Chargeable Gains Act 1992. DIrectOr Responsibillfjes The directors are responsible for preparing the Directors, Report and the Financial Staternents in accordance with applicable law and United Kingdom Accountlng Standards Iunited KSn8ilom Generally Accepted Accounting Practice).
DSG2010 Icharltable Company Limited by Guarantee) DIRECTORS, REPORT for the ear ended 31 Janua 26 Continued Company law requires the directors to prepare financial statements for each financial year, which give true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure of the chafltable company for that year. In preparing these financial statements, the directors are requireil to= Select suitable accounting policies at)d apply them cons1Stently' observe the methods and principles in the Charities SORP IFRS1021,' make jtjdgements and estimates that are reasonable and prudenl,. state whether applicable UK Accounting Standards have been followed, subjert to anv material departures disclosed and explained in the financial statements.. and piepare the financial staternents on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The dirertors are responsible for keeping adequate accounting records that disclose wlth reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also re5pon5ible for safeguarding the assets of the charitable company and hence for taking reasonable step5 for the prevention and detection of fraud and other irregularities. Small C¢mpanles Exemptlon This report Is prepared in accordance with the special provisions relating to small cornpanie5 Wlthin Part 15 of the Companies Act 2006. This report was approved by the Board of Direttors on 19, May 2026 and signed on its behalf by.. Dlrector Registered Office: 66 Dreenan Road Beragh Omagh Co Tyrone BT79 OSH Com Chari an Re 1Stration Number- N1605815 Re istration Number: 101143
DSG2010 (Charitable Company Limited by Guarantee) INDEPENDENT EXAMINER'S REPORT ON THE FINANCIAL STATEMENTS TO THE MEMBERS OF D5fj2010 for the ear ended 31 Janua 2026 I report on the accounts of the charity for the year ended 31 January 2026, which are set out on pages 2tol7. ReSPtIve Responslbllltles of Charity Trustees and Examlner As the charity trustees you are responsible for the preparation of the account5 in accordance with the Charities Act (Northem Ireland) 2CI)8. It is my responsibility to.. examine the accounts under section 65 of the Charities Att,. follow the procedures laid down in the general directions given by the Commission under section 6519llbl of the Charities Act,. state whether particular matters have come to my attention. 8asls of Independent Examlner's Report I have examined YOUT tharity accounts a5 required under section 65 of the Charities Act and my examination was carried out in accordance with the general directions given by the Charity Commission for Northern Ireland under section 6519llbl of the Charities Art. My examinatlon Included a revlew of the accounting records kept by the charity and a comparison of the accounts presented with those record5. It also included consideration of any unusual iterns or disclosures in the accounts and seeking explanation from you as charity trustees concerning any such matters. My role 15 to state whether any material matters have come to my attention giving me cause to believe- that the accounting records We not kept in accordance with section 63 of the Charities Art. that the accounts do not accoril with those accounting records,. that the accounts do not comply with the accounting requirements of the Charities Act. that there is further information needed for a proper understanding of the accounts to be reached. Independent Examlnerfs Statement I have completed my examination and have no concerns in respect of the matter$111 to141 listed above and in connectSons with the following direttions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. jonathan Ruddell For and on behalf of Ruddell and Company Chartered Accountant5 & Reglstered Auditors 16 Church Street Dungannon Co Tyrone 8T716AB Date
DSGZOIO (Charitable Company Llmlted by Guarantee) Company RegiratiOn Number.. N1605815 Charity Registration Number.. 101143 STATEMEMf OF FINANCIAL ACTIVITIES includin an Income & Ex enditure Account For the ear ended 31 janua 2026 Unre5trlrted Restrirted Funds Funds Total Funds Total Funds 2026 2026 2026 2025 INCOME AND ENDOWMENTS Charitable Actimties INote 41 Other Trading Activities (Note 41 TOTAL INCOME AND ENDOWMENTS 5,520 724 6.244 27.852 5.520 724 6,244 27,852 RESOURCES EXPENDED Charitable ACtI1t1eS (Note 51 TOTAL RESOVRCES EXPENDED 12,869 12,869 724 n4 13,593 13,593 10,546 10,546 Net IncomlngloutgolngResources for the Year .7.349 -7J49 17,306 Transfers between Funds Balance Brought Forwèrd Balance Carried Forward 79,881 72,532 79.881 72.532 62,575 79,881 The above Statement of Financlal Attivitie5 includes all information as required to be disclosed by the Companies Act 2006. All of the artivities of the charitable company are ¢lassed as continuing. The Statement of Financial Activitles Includes all gains and losses recognised during the year. The notes on pages 9 to 17 form an integral part of the financial statements.
DS62010 (Charitable Company Umlted by Guarantee) Company Registration Number: N1605815 Charity Registration Number: 101143 STATEMENT OF FINANCIAL POSITION as at 31 Janua 2026 Note 2026 2025 FIXED ASSETS Tangible Assets 46,996 47,350 CURflENT ASSETS Debtors Cash and Cash equivalents io 2.000 24.466 26.466 33,605 33,605 Payables: Amounts Fallin8 Due Within One Year li 930 1,074 NET CURRENT ASSETS 25.536 32,531 NET ASSETS 72,532 79,881 REPRESENTED BY.. Unrestricted Funds Restricted Funds 14 14 72,532 79,881 TOTAL FUNDS 14 72,532 79,881 The dire¢tors consider that the company is entitled to exception from the requirements to have an audit under the provisions of sertion 477 of the Cornpanies Act 20061'The Act") and members have not required the eompany to obtain an audit for the year in question in accordance with section 476 ofthe Art. The directtsrs acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The accounts have been prepared in accordance with the provlsions applicable to companies subject to the small companies, ¥egime. The note5 on pages 9 to 17 form an integral part of the financial statements. These financlal statements were approved and authorised for issue by the Board of Direttors on 19 May 2026 and signed for on their behalf by.. Director Director
DSG2010 (Charitable Company Limited by Guaranteel Company Regi5tratlon Number: N1605815 Charity Re8iStration number: 101143 NOTES TO THE FINANCIAL STATEMENTS For the ear ended 31 Janua 2026 I. GENEIiAL INFORMATION DSG2010 is a charitable company limited by guarantee incorporated in Northern Ireland. within the United Kingdom. In the event of the charitable cornpany being wound up, the liability in respect of the guarantee is limited to £1 per member of the charitable company. The address of the registered office is as shown on page 2. The charitable company Constitutes a public benefit entity a5 defined by FRS 102. 2. ACCOUNTING POLICIES The following accounting policies, as outlined below, have been applied consistently in dealing with items in relation to the charitable compan*s financial statements. 2.1 Statement of Compllonce The financial 5tètements have been prepared in accordance wlth Accounting and Reporting by Charitie5- Statement of Recommended Practice ISORPI applicable to charities preparin8 their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued on 16 july 2014 las updated through Update Bulletin I published on 2 February 20161, the Financial Reporting Standard applicable in the United Kingdom and Republlc of Ireland IFRS 1021 and the Companies Act 2006. 2.2 Busis of Preporotion The financial statements are prepared on a golng concern basls under the historScal cost convention unless otheTh4ise stated in the relevant accounting policy. Historical cost is generally based on the fair value of the consideration given in exchange for assets. 2.3 Cosh Flowstutement The charhtable company ha5 applied Update Bulletin l as published on 2 February 2016 and doe5 not include a cash flow statement on the ground5 thal it is applying FRS 102 SORP. 2.4 Intomt und Endowments {11 Charltablè Actlvltles Income resources from charitable artivities Includes income received under contract or where entitlement to 8rant funding is subject to specific performance conditions. It is re¢ogni5ed as earned as the related services or goods are provided. Grant income is recognised in the statement of financial activities when receivable. Grant income included in this cate80ry provides funding to support projects and is recognised where there Is entltlement, certainty of receipt and the amount can be measured with sufficient reliabilitv. {iil Other Tradin8 Artivities Voluntary income includes incoming resources from gifts, donations and grants and Is recognised in full in the Statement of Financial Activities when receivable. Activities for generatlng funds are commercial activities which are recogni5ed as earned when the related goods and services are provided.
DSG2010 Icharltable Company Umlted by Guarantee) Company Registration Number: N1605815 Charity Reglstration number: 101143 NOTES TO THE FINANCIAL STATEMENTS For the ear ended 31 Janua 2026 continued 2. ACCOUNTING POLICIES Itontinuedl 2.5 Resources Expended Expenditure is recogni5ed when a liability is incurred. Contractual arrangements and performance related grants are recognised as goods and services are supplied. Where cost5 cannot be directly attributed to a particular headin& they have been allocated to activities on a basis consistent with use of resources. Staff c05t5 and overhead expenses are allocated to activities on the basis of staff time spent on those attivities. {11 Charltable Artlvltlès This compromises all the resources applied by the charity in undertaking its work to meet its charitable objettives. Charitable activities will include the costs of governance arrangements which relate to the general running of the charity- 2.6 Fund Attountlnq The charity has two types of fLtnd5 for which it is responsible at year end-. Unrestricted Funds Funds which are expendable at the discretion of the dirertors in furtherance of the objectives of the charity. In addition, fund5 may be held in order to finance capital investment and working capital. Restricted Funds- Income received for specific purposes. Such purposes are within the overall aims of the charity. 2.7 Property. Plunt and Equipment and Depreclotlon All property, plant and equipment are initially recorded at cost. Cost includes the original purchase price, costs direetly attributable to bringing the asset to its working condition for its intended use, dismantling and restoration costs and borrowing costs capitalised. Depreciation is provided at ratès calculated to write off the cost le55 residual value of each asset over its experted useful life, as follows.. 8uildinES Fixtures, Fittings and Equipment 2% Straight Line 20% Reducing balance 2.8 Flnonclallnstrnments lil Financial Assets Basic financial a55ets, including trade and other receivables, cash and bank balances and amounts owed by related parties and are initially recognised at transaction price, unless the arrangement constitute5 a financing transaction, where the transaction is measured at the present value of the future receipt5 discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using he effective interest rnethod. At the end of each reporting period financial assets measured at amortised cost are assessed for objertive evidence of irnpairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or105S. io
DSG2010 Icharitable Company Llmlted by Guarantee) Company Registration Number.. N1605815 Charity Registration number: 101143 NOTES TO THE FINANCIAL STATEMENTS For the èar endèd 31 Januar 2026 continued 2. ACCOUNTING POLICIES Icontlnuedl If there is decrease In the impalrment loss arlslng from an event occurring after the impairment was recognised, the impairment is reversèd. The reversal 15 such that the current ¢arrying amount does not exceed what the carrying amount would have been had the impairment not previouslv been recognised. The imparment reversal 15 recognised in profi't or loss. Financlal assets are derecognlsed when lal the contractual rlghts to the cash fiows Ifom the asset expire or are settled, or Ibl SLJbstantially all the risks and rewards of the ownership of the asset are transferred to another party or Icl despite having retained some significant risks and rewards of ownership. control of the asset has been transferred to another party who has the practical abllity to unilaterally Sell the asset to an unrelated third party without imposing additional restrirtions. lill Flnanclal liablllties Basic financial liabilities, including trade and other payables, bank loans and overdrafts and amounts owed to related parties are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is rneasud at the present value of the future receipts discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Fees paid on the establishment of loan facilities are recogni5ed as transaction costs of the loan to the extent that it is probable that some or all of the facility will be drawn down. On this case. the fee is deferred until the draw41own octur5. To the extent there 15 no evidence that it is probable that some or all the facility will be drawn down, the fee is capitallsed as a pre-payment for liquidity services and amortised over the period of the facility to which it relates. Trade payables are obligations to pay for goods or servi$ that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. F5nanaal liabilities are derecognised when the liability is extinguished. that is whers the contractual obllgatbon is discharged, cancelled or expires. 11111 Offsetting Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an inter)tion to settle on a net basis or to realise the a55et and settle the liability simultaneously. 2.9 Crftkol occountingludgements ond estimotlon uncertointy Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. li
DSG2010 (Charitable Company Llmlted by Guarantee) Company Registration Number: N1605815 Charity Registration number: 101143 NOTES TO THE FINANCIAL STATEMENTS For the ear ended 31 Janu 2026 continued 2. ACCOUNTING POLICIES l¢ontinuedl Criticol judgments in opplying the entAty s accounting policies There are no critical judgernents in applying the charity'5 accounting policies. Criticol o¢¢ountNng estimates and t75sumptions There are no actual accounting estimates and assumptions. 2.10 Trode ond Other Receivables Trade 3nd other receivable5 are initially recorded at fair value and thereafter stated at C05t le55 impairment losses for bad and doubtful debt5. 2.11 Trnde ond Other P(wyables Trade ènd other payables are initially recognised at fair value and thereafter stated at cost. 2.12 Taxation As a charity, the charltable company is not liable to corporation tax. 3. GOING CONCERN The trustees have reviewed its planned expend5ture for the year ahead and are satisfied that there are adequate funds in place to ensure that the charitable company can continue its activities and the financial statements for the year ended 31 January 2026 can be signed off as a going concern. 12
DSG2010 Icharltable Company Llmited by Guarantee) Company Re8hStratioD Number: N1605815 Charlty Registratlon Number.. 101143 NOTES TO THE FINANCIAL STATEMENTS For the ar ended 31 Janua 2026 continued 4. INCOME AND ENDOWMENTS Unrestricted Restrirted Funds Funds 2026 2026 Total Funds 2026 Total Fund5 2025 Chzrrtzble Activitie5 Fermanagh & Omagh District Council John Moore Foundation Nl Lottèry Fund SWAP Community Foundation Donations Trips & Events Lunches & Caterin8 Interest Other Income.. Total Intome from Charit?ble Adivltle5 454 454 532 3.809 20,000 519 270 270 471 471 300 1.408 545 419 4.081 428 390 150 4.081 428 390 150 320 27,852 5.520 724 6.244 13
DSG2010 Ichafltable Company Umited by Guarantee) Company Re8lStration Number.. N1605815 Chjrity R¢8r5tration Nurnber: 101143 NOTES TO THE FINANCIAL STATEMENTS Forthe ar ended 31 Janua 2026 contlnued 5. RESOURCES EXPENDED lknrestrl¢ted Restrl¢ted Funds Funds T¢i•l Funds Total Funds 2026 2026 2026 2025 Charttable ActotIes Ught and Heat Water Charge5 Stationery. Advertlsi ng and Web51te Lunches & Trlps Other Activsties 1.035 454 1.489 90 1.255 82 534 534 236 6.373 170 6,643 1391 3.615 1,391 134 413 Repoir5 ond Maintenance Legal Fees Insurance 134 1.136 627 627 828 828 740 Independent Exarnlner's Remuneratlon Bank Charge5 General Expenses Depreciation 546 546 1.374 io io 46 1.301 1301 1.649 Total Resour5 Expended 12,869 724 13.593 10.546 14
DSG2010 Icharrtable Company Llmlted by Guarantee) Cornpany Regi5tratitin Nurnber: N1605815 Charlty Re8lstratlon Numbtr: 101143 NOTES TO THE FINANCIAL STATEMENTS For the ear ended 31 Januar 2026 continued 6. NET INCOMEIEXPENOITURE FOR THE YEAR Net IncomelExpenditure is stated after char8ing'. 2026 2025 Depreciation Independent Examiner's Remuneration 1,301 1,649 1,374 7. STAFF COSTS AND EMPLOYEE BENEFITS The charitable company had no employees during the year. 7.1 Directors, Remuneratign The directors received nor waived any remuneratKtyn or any other benefit5 durin8 the year and no reimbursernents of expenses incurred. 15
DSG2010 Icharltable Company Llmlted by Guarantee) Company Re8lStr?tion Number: N1605815 Charity Registration Number= 101143 NOTES TO THE FINANCIAL STATEMENTS For the ear ended 31 Janua 2026 continued . TANG18LE ASSETS 8uildings Fixtures. Fitting5 & Equipmènt Total Cost At 31 January 2025 Addition5 Less Capital Grants recelved At 31 January 2026 57,869 17,188 4,690 3.743 18,135 75,057 4,690 3,743 76,1)04 57,869 Depreciation At 31 January 2025 Charge for year At31January2026 12,484 908 15.223 393 15.616 27.707 1.301 29,008 13,392 Carrying Amount At31January2026 At 31 January 2025 44,477 45.385 2,519 1,965 46,996 47,350 9. ANALYSIS OF CAPITAL GRANTS Openln8 Balancè Income Expend- Iture Transfer Between Closlng Balance Funds Rural Micro Capital Grant- Lights Rural Micro Capitol Grant- Dishwasher 1,743 2,CX)O 3,743 -1.743 -2,000 3,743 10. DEBTORS 2026 2025 Grants and Trade Receivables 11. PAYABLES: AMOUNTS DUE FALLING WITHIN ONE YEAR 2026 2025 Accruals 930 1.074 1,074 930 16
DSG2010 Icharltable Company Llmlted by Guarantee) Company Re¢i5tration Numbtr.. NI605815 Charity Reg15tration Number: 101143 NOTES TO THE FINANCIAL STATEMENT5 For the ear ended 31 Janua 2026 continued 12. ANALYSIS OF NET ASSETS Unresiricted Restricted Fund$ Funds Total Funds Fixed A55ets 46,996 26.466 -930 46,996 26.466 -930 Current Assets Current Liabilr(ies Nèt Assets 72,532 72,532 13. FINANCIAL INSTRUMENTS 2026 2025 Carrwn8 Amount of Flnanclal Assets Debt Instruments Measured at Amortised Cost Carryin8 Amount of Finan¢izl Liabllites Measured at Arnortised C05t 930 1.074 14. ANALYSIS OF FUNDS Openln8 Balance Income EMpend- iture Transfer Betwetn Clo$ln8 8zlance Funds Fermanagh & Omagh Distritt Council SWAP Communhy Foundation Total Restrlcted Fynds 454 270 -454 -270 724 .724 Unre$tri¢ttd Fund5 General Funds Total Unrestficted Funds 79.881 79J81 5,520 5,520 -12,869 -12,869 72,532 72.S32 Total Funds 79.881 6,244 -13,593 72.$32 15. CONTINGENT LIABILITIES A contingent liability exists to repay granis recelved should certain conditions not be fuKilled by the charitable company. 17