Drumduff & Drumnakill Cornmuni Associalion Directors, Re ort for the ear ended 30 Se tember 2019 The directors. who are the trustees for the purpose of charity law. have pleasure in presenting their report and the ynaudiled financial statements of the charitable company for the year ended 30 September 2019. The financial statements comply with the Charities Regulalions INorthem Ireland) 2015, the Companies Act 2006, the Mernorandum and Arb"cles of Association, and Accounting and Reporting by Charilies.. Slalement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 1021 (effective 1 January 20151. Reference and Administration Details The Iruslees. who are also directors for Ihe purpose of company law and who served during the year end and up lo the date of this report are as follows.. Bernadette McElduff Isecretsryl Patrick Ward Margaret McAleer Breige Kelly Hugh Owens Mark Kelty Kathleen Ward Gerry Colton Carmel Mullin The reference and administration details of the charitable company are as shown on page 2. Objectives and Actlvlties Objectives Drumduff and Drurnnakilly Community Association endeavours lo achieve long term social and eeonomic improvements for the whole community by a process ol planning, creativity and action. The charitable company's beneficiaries are people in the Fermanagh & Omagh District Council area. The only private benefit flowng from this purpose is Ihal a Iruslee will gain skills and knowledge through our edvcalK)n programme. Through this trustees gain skills which are transferable lo other sellings. These beneffts are incidenlal and necessary lo ensure the benefit is provided lo our beneficiaries. The objectives of the charitable company are as follows.. To advance education." The direct benefiis which flow from this puwe include an increase in knowledge and skills of the inhabitsnts of our immediale and wder area Ihus enhancing their employability and promotion prospects. Other benefils ftowing from this purpose are increased confidence, social inleraclion and sense of achievement. These benefits will be evidenced by feedback through the completion of evaluation fom15 by users and through observation and face-lo-face conlacl,. Preserve and protect health.. The direct benefits which flow from this purpose include a greater awareness of personal health and wellbeing and techniques lo achieve this, leading lo improved physical and mental wellbeing and increased self-esteem. These benefits will be evidenced by feedback from users through evaluations. face-lo-faee eontact and their interest in getting involved in future health related aclivilies-, and Provide facilities in the interests of social welfare for recreation and other leisure lime occupations.. The direct benefits which flow ffom this purpose include opportunities for social inleraclion with peer and inlergeneralional groups and engagemenl in recreational and leisure activities which enrich the lives of inhabitants in this rural area. The public can hire the premises for their own acliv¢ties which 15 a resource for them. These benefits will be evidenced by face-to-face contact with parb"cipanls and their interest in further events and activities organised within our cenlre.
Drumduff & Drumnakill Communi Associatlon Dlrectors. Re ort for the earended 30 Se tember 2019 Activitle5 Drumduff and Drumnakilly Community Association provtdes a range of activities lo cater for the identified needs of the community including.. A weekly Parent and Toddler group for babies, toddlers and their parents; Weekly Youth Club lo caler for children in the 5-18 year old group., Fortnighlly Senior Citriens Group for a range of crafts. information and advice on health and other matters., Training courses lo enhance employability and promotion prospects e.g.. courses 10 5uII different abilities, Food Hygiene and First Aid., Recreational courses including Flower Arranging. Painting. Gardening. Mixed Crafts and Dancing., Offer Health and Fitness related activities including Yoga, Keep Fil, Circuit Trainlng, Zumba,. Organise social events al Easter. Halloween and Christmas as well as an annual festival which allow members of the local community and beyond lo come together in a social selling and participate in a variety of inlergeneralional events.. Hire out charilable company's premises lo community members for a range of events and the income get)eraled is feinvesled in the running of our organi5alion and ils programmes., H051 enviionmenlal visits by individuals and groups including schools lo our Mountain View Environmental Trail lo study and enjoy the wldlife of the area. a ran9e of IT Publlc Boneflt Statornent The Directors of Drurnduff and Orumnakilty Community Association confirms that they have complied with their duties under seclion 4161 ol the Charities Acl (Northern Ifelandl 2008 to have regard lo the Charity Commission for Northern Ireland's guidance on public benefit and that the public benefit requifemenl has informed the activities of the ¢haritable company in the year ended 30 September 2019. Achlevements and Performance The Directors are ¢onfidenl Ihat the charitsble company continues to meet ils performance objeclives lo benefit the local ¢ommunity. The charitable company continues lo receive funding from local bodies and rnn everbls through the course of the year. Flnanclal Performan¢o The company is a chaiilable organisation. The results for Ihe year are sel out in detail on page 10 10 16. The charitable company retumed nel outgoing resources for the year of £23.474 {2018 - nel outgoing resources of £21,059). AI 30 Seplernber 2019. the lotsl funds of the charitable company amounted lo £296,221 {2018 £319.695) comprising reslricled funds of £253,714 ano unre51ricted funds of £42.507. Principal sources of funding and how Ihis has supported the key objectives of the charitable company are disclosed in the note5 to the financial statements. Reserves Pollcy While funding for the charity's ¢ore activities is secured until 2020, the charity needs lo establish a reserves policy lo have sufficient cash reserves should Ihe company experience cash flow problems or costs involved in any potential wind up ol the company.
Drumduff & Drurnnakill Communi Association Directors. Re ort for the ear ended 30 Se tember 2019 It is recommended that reserves equivalent to tsvelve months. running costs for core activities together with anticipated improvements lo fixed assets be retained. The largel sel and realised for this in the current year is £20,300. The level of reserve5 are reviewed by the direelors and management regularly throughout the year. The minimum level of reserves for the ongoing needs of the charity is reviewed by the Iruslees on annual basis. structurei governance and management Drumduff & Drumnakilly Community Association is a ¢ompany limited by guarantee with charitable status, incorporated on the 1st October 2001 and registered as a charity in Northem Ireland in 2015. The company was established ¥Jnder Memorandum ol Association that established the objects and powers of the charitable company and is goveined under ils Article5 of Associab"on. In the event ol the winding LSP of the company each member is required lo conlribute no more than £1. The Iruslees of the charity when elected serve until the next annual genefal meeting al which they must be re-elected. The management operate a system of inlemal Control designed lo provide reasonable 8ssuran¢e, but not ab501ule assurance against material misstatement or1055. They include the.'- regular consideration by the Iruslees of progress reports regarding operational aclivilies. These are carried out detailing perforniance indicator levels such as participant numbers and financial breakdowns. - delegation of authority and segregation of dutie5 among staff. idenlificalion and management of risks to which the charity is exposed. In accordance with the Articles of Association. the members to retire by rotation shall be those who have been longest in office since their last election, and the relevant rnolion will be pul at the Annual General Meeting. A retiring member shall be eligible for re-electson. Taxation status The chariiable company 15 recognised as a charity by HM Revenue and Customs. Accordingly, the charitable company has availed of the exemptions contained in Chapter 3 Part 11 Corporatson Taxe5 Act 2010 and Section 256 Taxation of Chargeable Gains Act 1992. statement of dlre¢tors' responsibilities The directors are responsible lor preparing the annual report and the financial slalements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Company law requires the directors lo prepare financial stslements lor each fin8fbcial year. Under the law the directors have elected lo prepare the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Under company law the directors musl not approve the financial statements unless they are sab'sfied that they give a true and fair view of affairs of the charity and of the surplus or defieil of the charity for that period. In preparing these financial stalemenls, the director5 are required to.. select suitable accounting policies and then apply them eonsislenlly., observe the methods and principles in the Charitses SORP., make iud9emenls and eslimales that are reasonable and prudent. • slate whether applicable UK accounting standards have been followed, subject lo any material departures disclosed and explained in the financial slalemenls.. prepare the financial stslemenls on the going concem basis unless it is inappropriate lo presume that the company will continue in business.
Drumduff & Drurnnakill Communi Association Directors. Re ort for the ear ended 30 Se tember 2019 The direclors are responsible for keeping proper ac¢ounting records that are sufficient lo show and explain the company's transactions and disclose with reasonable accuracy al any lime the financial position of the charity and which enable them lo ensure that the financial stslemenls comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence foi taking reasonable steps for the prevention and detection of fraud and other irregularities. Small company exemption This report has been prepared in accordance with the provisions in Part 15 of the Comp3nie5 Act 2006 applicable lo companies subject lo the small companies regime. The directors are of the opinion the company is entslled lo exemption from audit in a¢¢ordance with section 475121 and section 47513) of the Companies Act 2006. Thi5 report was approved by the board on 31 March 2020 and signed on its behalf. Bernadette McElduff Director