Derry & Raphoe Action Limited (Company limited by guarantee) Trustees, report for the year ended 31 October 2023 The trustees present tlieir report and the financial statements for the year ended 31 October 2023. Directors Officers of the company, known as directoi's for the purpose of company law and trustees for the purpose of charity law. who served during the year and up to the date of this repoit are set out on page l of the financial stateinents. Members of the chai'ilable company guarantee lo contribule an amount not exceeding £1 to the assets of ihe chai'ilable company in the event of winding up. Charitable objects Derry & Raphoe Action Limited was set up under the supervision of the Church of Ireland, and in particular the Den'y & Raphoe Diocese. The object of the company is to promote the regeneralion of the area, in parli¢ulai' ensuring that the Inarginalised communities within the ¢ounli¢s of Londonderry, Tyi-one and Donegal play their full role iii the overall regeneration and in Cross border activities, throu proinotioi) and development of social and cultui'al identity, advanceinent of education and provision of reci'eational and other activities in interests of social welfare. Derry & Raphoe Action Limited is a registered charity with the Charity Commission foi. North¢rn Ireland since 8 June 2015, under registration number NIC102476. Organisational structure The trustees meet regularly, administer the coinpany and make all policy decisions. A developmenl officer is employed to co-ordinate activities and manage the day-to-day running of tlie company. Revieiv of activities and achievements The results i'eflecl the activities cai'i'ied on within the chai'itable company duriiig tl)e year. The ti'ustees are pleased with the level of coinmunity development activities carried on during that year and the grant funding achieved. We have cari-ied out a I'eview of all grants i'eceived over the lasl thi-ee years and not¢ that adjustments were I'equired as set out in Note 18 to the financial statemenls. Dui'ing the year ended 31 Octobei. 2023 the charitable company secui'ed funding fi'om the Ulster Scots Agency towards the coinmunily impact plan. In addition the charitable company also secui'ed funding from Deriy City and Slrabane District Council, Fermanagh and Omagh District Council, Halifax, Westei'n Health & Social Care Trust and the Departm¢nt for Communities foi. to pi'ovid¢ cultural developinent. educational worksl)ops and for various community festival5. Going concern The Trustees al'e confident that furlhei. funding will be se¢iii'ed from the Ulstei. Scots Agency to continue witli tl)e cominunity impact plan and are therefoi'e satisfied that il is appropriate for the financial statements to be pi'epared on the going concei'n basis. Reserves The results for the yeai. al'e set out on page 5 of the financial statements. The pui'pose of the funds are outlined in the notes to the financial statements. Page
Derry & Raphoe Aetion Limited (Company limited by guarantee) Trustees, report for the year ended 31 October 2023 Statement of trustees, responsibilities The Ti'ustees are responsible for prepai'ing the Trustees, Report ai)d the financial statements in accordance with applicabl¢ law and regulations. Compaiiy law and charity law requires the Truslees lo prepare financial statements for each financial year. Undei. that law the ti'ustees have elected to prepare Ihe financial statements iii accoi'dance with applicable law and the United Kingdoin Accounting Standards (United Kingdom Generally Accepted Accounting Practic¢) including 'Accounting and Reporting by Charities: Stat¢ment of Recoinmei)ded Practi¢¢' (FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of li-eland,). Under coinpany law the Trustees musl not appi'ove the financial statements unless they are satisfied that they give a true and fair view of the state of affaii's of the company and of ihe profit oi. loss of the company for that year. In pi'eparing these financial statements, tlie trustees al'e requii'ed to.. select suitable accounting policies and Ihen apply them consistently. Inake judgemenls and estimate5 that are reasonable and prudent. state whether applicable accounting standards and statements of recommeiided practice have been followed subject to any depai'tui'es disclosed and explaiiied in the financial statements. and prepai'e th¢ finaiicial statements on the going concern basis unless it is inappropriate to pi'esume that the charity will continue in business. The Trustees are responsible for keeping adequate accounting i'ecords that are sufficient to show and explain the company'5 ti'ansactions and disclose with reasoiiable accuracy at any time the financial position of the company and enable thein to ensui'e that the finaiicial statements comply with the Companies Acl 2006. They are also responsible for saf¢guarding the assets of the company and hence for taking reasonabl¢ st¢ps foi. the prevention and detection of fraud and other iri'egularities. Accountants The ti'ustees i'ecommend that McFai'land Arnold & Co remain in office ui)til further i)otice. Special provisions relating to small companies This i'eport has been pi'epared in accordance with the Slatement of Recommended Practice: Accounting and Reporting by Charities (FRS 102) and in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companie5. This report was approved by the Irustees 01) and signed on it5 behalf by Signature: Name (in block Capitals): QLJ itri [19 Lil D P Ll *{ £ i/fL< Trustee Page 2