Derry & Raphoe Aetion Limited
Trustees, report and financial statements
for the period from l November 2023 to 31 December 2024
Registration number: N1048102
Northern Ireland Charity number: NIC102476
McFarland Arnold & Co
Chartered Accountants

Derry & Raphoe Action Limited
(Company limited by guarantee)
Contents
for the period from l November 2023 to 31 December 2024
Page
Legal and administrative information
Trustees report
Ac¢ountants' report to the trustees
Statement of financial activities
Balance sheet
Notes to th¢ financial statements
8-16

Derry & Raphoe Action Limited
(Company limited by guarantee)
Legal and administrative information
for the period from l November 2023 to 31 Deeember 2024
Legal status
The coinpany is a private limited company, limited by guarantee, which was incorporated on 3 October 2003 under
Ihe Companies (Northern Ireland) Ordei. 1986 and the Companies Act 2006, undei. Registration Number N1048102.
It is also recogntsed as a charity by HM Revenue and Customs under Reference Number XR83440. The company
is a registered charity with the Charity Commission for Northern Ireland since 8 June 2015 under registration
number NIC102476.
Trustees
Kate Allison
David Bradley
Richai'd Campbell
David Clarke
Trevor Donnell
David Dunbar
Colin Hamilton
Robert Hill
David Mitchell (appointed 7 November 2023)
Ruth Monteith
Company number
N1048102
CCNI Charity number
NIC102476
Registered office
The Somme Memorial Hall
3 Douglas Road
Newtownstewart
Co Tyi'one
BT78 4NE
Accountants
McFarland Arnold & Co
8 Main Street
Newlownstewart
Co Tyrone
Business address
The Soinme Memorial Hall
3 Douglas Road
Newtownstewart
Co Tyi'one
BT78 4NE
Bankers
Danske Bank
Business Braiich
Donegall Square West
Belfast
Page I

Derry & Raphoe Action Limited
(Company limited by guarantee)
Trustees, report
for the period from l November 2023 to 31 December 2024
The trustees presenl their repoi't and the financial slat¢ments for the year ended 31 December 2024.
Directors
Officers of the company, known as directors for the purpose of company law and ti'ustees for the purpose of charity law,
who served during the year and up to the dat¢ of this report are set out on page l of the financial statements.
Members of the charitable company guaraiitee to contribute an amount not exceeding £1 lo the assets of the charitable
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 Derry &
Raphoe Diocese. The object of the Company is to pi'omote the regeneration of tlie area, in particular ensuring that the
marginalised cominunities within the counties of Londonderry, Tyi'one and Donegal play their full role in the ovei'all
regeneration and in cross bord¢r activities, through promotion and developmenl of social and cultural identity, advancement
of education and provision of recreational and other activities in intei'ests of social w¢lfar¢.
Derry & Raphoe Action Limited is a regisler¢d charity with the Charity Commission for Northern Ireland since 8 June 2015,
under registration number NICI 02476.
Organisational structure
The trustees meet regularly, administer the company and make all policy decisions. A d¢velopinent officer is employed to
co-ordinate activities and manage the day-to-day running of the company.
Review of activities and achievements
The results i'eflect the activities carried on within the charitable company during the year. The trustees are pleased with the
level of community development activities cari'ied on during that yeai. and the grant funding achieved.
During tlie period froin l November 2023 to 31 December 2024 the charitable company s¢cured funding froin the Ulster
Scots Ag¢ncy towards the community iinpact plan. In addition the charitable company also secui'ed funding fi'om Derry City
aiid Strabane District Council, Honourable li'ish Society, Arts Council Nl, DAERA, Halifax Foundation Irish Government
and Childi'en in Need to provide cultural d¢velopment, educational workshops and for various community f¢stivals.
Going concern
The Trustees are confident that further funding will be secured from the Ulster Scots Agency to continue with the
community impact plan and are therefore satisfied tl)at it is appropriate for the financial statements to be prepared on the
going concern basis.
Reserves
The results for ihe period are set out oil page 5 of the financial statements. The purpose of the funds al'e outlined in the
notes to the financial statements.
Page 2

Derry & Raphoe Action Limited
(Company limited by guarantee)
Trustees, report
for the perlod from l November 2023 to 31 December 2024
Statement of trustees, responsibilities
The Trustees are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable
law and regulations.
Company law and charity law requires the Trust¢¢s to pi'epare financial statements for each financial period. Undei. that law
the trustees have elected to prepare Ihe financial statements in accordance with applicable law and Ihe United Kingdom
Accounling Standards (United Kingdom Generally Accepted Accounting Practice) including 'Accounting and R¢porting by
Charities: Statement of Recommended Practice, (FRS 102 'The Financial Reporting Standard applicable in the UK and
Republic of Ireland,). Under company law the Trusl¢es must not appi'ove the financial statements unless they are satisfied
that they give a Irue and fair view of the state of affairs of th¢ Company and of the profit or loss of the company for that
period. In pr¢paring these financial statements, the trustees are requii'ed to..
sel¢ct suitable accounting policies and then apply them consistently.
make judg¢ments and estimat¢s that are reasonable and prudent;
state whether applicable accounting standards and statements of recommended practice have been followed subject to any
departures disclosed and explained in the financial statements. and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will
continue in business.
The Trustees are responsibl¢ for keeping adequate accounting records thal ar¢ sufficient to show and explaiT] the company's
transaclions and disclose with i'easonable accuracy at any time th¢ financial position of the company and enable them to
ensure that th¢ financial statements comply with the Coinpanies Act 2006. They are also responsible for safeguarding the
assets of the coinpany and hence for taking I'easonable steps for the prevention and detectton of fraud and other
t￿egUlar1tI¢$.
Accountants
The trustees recommend that McFarland Amold & Co remain in office until further notice.
Special provisions relating to small companies
This report has been pr¢pai'ed in accordance with the Statem¢nt of Recomm¢nded Practic¢.' 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
companies.
This report was approved by the trustees on ￿ k4c
zg and signed on its behalf by
SigDsture:
Nan)e {in block capitals):
?l¥rfiO D
Truslee
Page 3

Derry & Raphoe Aetion Limited
(Company limited by guarantee)
Accountants, report on the unaudited financial statements to the trustees of
Derry & Raphoe Actlon Limited for the period from l November 2023 to 31 December 2024
In order to assist you to fulfil your duties under the Companies Acl 2006, w¢ have compiled the financial statemeiits of
Derry & Raphoe Action Limited for the pei'iod fi'om l Noveinber 2023 to 31 December 2024 as set out on pages 5 to 15,
which compi'is¢ the statement of financial activities, the balance sheet and the related notes from the accounting recoi'ds
and information and explanations you have given to us.
This I'eport Is made to the company's board of trustees, as a body, in accordance with the terms of our engagement. Our
work has been undertaken so that we maight compile the financial statements that we have been engaged to compile,
report to the company's board of trustees that we have done so, and state those matters that we have agreed to state to
them in this report and for no other person. To lh¢ fullest extent peiTritt¢d by law, we do nol accept or assume
responsibility to anyone other tlian the compai)y and the company's board of directors, as a body, for our work or for this
report.
Respective responsibilities of the trustees and accountants
As described in the statement of trustees, responsibilities the company's trustees (who also act as directors for the
charitable activities of Derry & Rapho¢ Action Limited) are responsible for ensuring that the company maintains proper
books of account and for preparing financial statements which give a true and fair view and have b¢¢n properly prepared
in accordance with the Companies Act 2006. You are responsible for deciding, on an annual basis. whetlier the company
is entitled to avail of the exemption from statutory audit in accordance with Section 477 of the Companies Act 2006.
It is our responsibility to compile Ihe financial statemenls of Derry & Raphoe Action Limited from the accounting
resords, inforniation and explanations supplied lo us by the company.
Basis of opinion
Our work was conducted in accordance with the Siatement of Standards for Reporting Accountants, and so our
procedures Consisted of comparing the financial stateinents with the accounting records kept by the coinpany, and
making such limited enquiries of the officers of the company a5 we considered necessary for the purposes of this report.
These procedures provide only the assurance expressed in our opinion.
Scope of work
We have compiled the financial statements in accordance with the ICAI Miscellaneous Technical Statement 'Chartered
Accountants Reports on the Compilation of Financial Statements of Incorporated Entities
M41 from the accounting
records, information and explanations supplied to us by the company.
We have not been inslructed to carry out an audit of these financial statements. For this reason, we have not verified the
accuracy oi. completeness of the accounting records or infoiinalion and explanations you have given to us and we do not,
therefore, express any opinion on tlie fiiiancial statements.
Chartered Accountants
Dated..
McFarland Arnold & Co
Chartered Accountants
8 Main Street
Neivtoivnstewart
Co Tyrone
Page 4

Derry & Raphoe Action Limited
(Company limited by guarantee)
Statement of financial activities (including Ineome and Expenditure account)
for the period from l November 2023 to 31 December 2024
Unr¢5tricted Restricted
funds
funds
2024
Total
2023
Total
Incoming resources
Donations
Grants
Investment income
Other income
1,145
1,145
122,450
319
2,358
4,045
106,188
28
122,450
319
2,358
Total incoming resources
3,822
122,450
126,272
110,261
Resources expended
Staff costs
Staff training
Advertising
Rent and l'ates
Insurance
Light and heat
Somme memorial hall repairs
Printing, postage and stationery
Telephone
Computer costs
Somme memorial hall equipment
Travelling
Community festivals and workshops
Consultancy fees
Accounlancy fees
General expenses
Cleaning
Depreciation and amortisation
Interest and charges
39,603
39,603
30,689
307
400
6,434
447
2,738
7,259
,325
784
1,360
1,200
7,467
479
2,223
6,432
1,260
1,167
188
4,037
1,052
52,511
4,085
2,346
153
390
8,524
122
1,200
7,467
479
2,223
6,432
1.260
1,167
188
4,037
1,052
52,511
4.085
2,346
153
390
8,524
122
800
34,835
2,148
205
1,470
8,283
92
Total resources expended
Net incoming resources before transfers
(133,239)
(133,239) (99,576)
(6,967)
10,685
(129,417)
122,450
Transfers between funds
133,304
(133,304)
Net movement in funds
3,887
(10,854)
(6,967)
10,685
Tolal funds bi'ought forward
Total funds carried forward
12,144
83,624
95,768
85,083
16,031
72.770
88,801
95,768
The notes on pages 8 to 16 lorm an integral part of these financial statements
Page 5

Derry & Raphoe Action Limited
(Company limited by guarantee)
Balance sheet
as at 31 December 2024
31 December 2024
31 October 2023
Notes
Fixed assets
Tangible assets
41,397
49,921
Current assets
Debtors
Cash at bank and in hand
7,176
42,635
4,293
43,477
49,811
47,770
Creditors; amounts falling
due within one year
(2,407)
(1,923)
Net current assets
47,404
45,847
Net assets
88,801
95,768
Funds
UnresÉricted funds
Restricted funds
io
16,031
72,770
12,144
83,624
88,801
95,768
The company is I'egistered as a private limited coinpany in Northern Ireland under Registration Number N1048102.
The Iruste¢s' statements required by Section 475 (2) and (3) are shown on the following page which fornis part of this
Balance Sheet.
The notes on pages 8 to 16 form an integral part of these financial statements
Page 6

Derry & Raphoe Action Limited
(Company limited by guarantee)
Balance sheet (continued)
Trustees, statements required by Section 475 (2) and (3)
for the period from l November 2023 to 31 Deeember 2024
In approving these financial statements as trustees of the charitable company we hereby ¢onfinn:
(a) Ihal for the period stated above the charilable company was entitled to the exemption conferred by Section 477 of the
Companies Act 2006
(b) that no notic¢ has been deposited at the regist¢r¢d office of the charitable company pursuant to Section 476 of the
Companies Act 2006 requesting that an audit be conducted foi. the period ended 31 December 2024 and
(c) that we acknowledge our responsibilities for..
(l ) ensuring that the charitable company keeps accounting records which comply with Section 386 of the Companies Act
2006, and
(2) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the
end of the financial period and of its suiylus or deficit for ihe period then ended in accordance with the requirements of
Section 393 of th¢ Companies Act 2006 and which othenvise comply with Ihc provtsions of the Companies Act 2006
relating to financial statements, so far as applicable to the charitable company.
These financial statements are prepared in accordance with the Statement of Recommended Practice: Accounting and
Reporting by Charities (FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,) and in
accordance with ihe special provisions of Part 15 of the Companies Act 2006 applicable to companies subject to the small
conipanies regime.
The financial statem¢nts were approved by the Boai'd on XLtr-
vg and signed on its behalf by
Signature..
Signature:
Name (in block capitals):
D4Ao Ooa(4A
Name (in block capitals)..
i-&*h I
Trustee
Trustee
The notes on pages 8 10 16 form an integral part of Ihese financial statements
Page 7

Derry & Raphoe Action Limited
(Company limited by guarantee)
Notes to the financial statements
for the period from l November 2023 to 31 December 2024
General information
The company is a private limited company, limited by guarantee, wl)ich was incoi'porated on 3 October 2003
under the Companies (Northein Ireland) Order 1986 and the Companies Act 2006, under Registration Number
N1048102. It is also recognis¢d as a charity by the HM Revenu¢ & Custoins under Reference Number XR83440.
The company is a registered charity with the Charity Commission for Northei'n Ireland since 8 June 2015 under
registration number NIC102476. The addirss of the registered office is The Somme Memorial Hall, 3 Dougla5
Road, Newtownst¢wart, Co Tyrone, B T78 4NE.
Statement of Compliance
These financial statements have been prepared in compliance with Accounting and Reporting by Charities..
Statement of Recommended Practice (FRS 102, 'The Financial Reporting Standard applicable in lh¢ UK and the
Republic of Ireland,) and in accoi'dance with the Companies Act 2006.
Accounting policies
Basis of preparation
Th¢ financial statements are prepared under the historical cost convention and in accordance with Accounting
and Reporting by Charities: Statement of Recommended Practice (FRS 102, 'The Financial Reporting Standard
applicable in the UK and the Republic of Ireland,)
The charity ha5 taken advantage of the exemption in FRS 102 S¢ction IA from the requiremenl to produce a
cashflow statement because it is a small charity.
The presentation currency of these financial statements is sterling.
3.2. Incoming resources
Income from donations and gi'ants, including capital grants, is included in inconiing resources when these al'e
receivable, except as follows:
When donors specify that donations and grants given to Ihe company must be used in fvtur¢ accounting periods,
the income is defeiTed until those periods.
When donors impose conditions which have to be fulfilled before the company becomes entitled to use such
income, the income is deferred and not included in incoining resoui'ces until the pre-conditions for use have been
met.
When donors specify that donalions and gi'ants, including capital grants, are for a particular I'estricted puiyoses,
which do not aniount to pre-conditions regai-ding eiititlement, this income is included in incoming resoui'ces of
restricted funds when I'eceiveable.
The value of services provided by volunteers has not been included.
3.3. Interest receivable
Interest is included on a receivable basis.
Page 8

Derry & Raphoe Action Limited
(Company limited by guarantee)
Notes to the financial statements
for the period from l November 2023 to 31 December 2024
3.4. Resources expended
Expenditure is i'ecognised on an accruals basis as a liability is incurred. Expenditure includes VAT which ihe
company is ineligible to i-ecovei., and is reported as pait of the expenditui'e to which it relates.
Charitable expenditure comprises those costs incuri'ed by the charity in ihe delivery of its activities and services
for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an
indirect nature necessary to support them.
3.5. Tangible fixed assets and depreciation
Tangible fixed assets costing more than £500 ai'¢ capitalised and included at their purchase costs, together with
any iii¢idental expenses of acquisition.
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expect¢d
useful life, as follows:
Hall
Fixtures, fitling5 and equipinent -
80/0 Straight line
15 1 reducing balancc
No depreciation is charged until the assets are brought into use by the company.
The carrying values of tangible fixed assets are reviewed annually for impairnient if events or changes in
circumstances indicate ihe carrying value may not be recoverabl¢.
3.6. Leasing
Rentals payable under operating leases are charged against income on a straight line basis ov¢r the lease terni.
3.7. Fund accounting
Unrestricted funds relate to general ￿ndS which ar¢ available foi. use at the discretion of the trustees in
furtherance of the general objectives of the charity and which have not been designated foi. oih¢r purposes.
Restricted funds are funds which are to be used in accordance with specific I'¢strictions imposed by donors or
which have been raised by the charity for particulai. pui'poses. The cost of raising and administering such funds
ar¢ charged against th¢ specific fund. The aim and use of each restricted fund is set out in the notes to the
financial statements.
3.8. Taxation
The company is registered as a charity for tax purposes under reference XR83440.
As a charity, Derry and Raphoe Action Limit¢d is exempt from tax on incoine and gains falling within Section
505 of the Taxes Act 1988 01. Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these
are applied to ils charitable objects. No tax charges have therefore arisen for the company for the year ended 3
December 2024.
Page 9

Derry & Raphoe Action Limited
(Company limited by guarantee)
Notes to the financial statements
for the period from l November 2023 to 31 December 2024
Impairxnent
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being
estimated whei'e such indicators exist. Where the carrying value exceeds the recovei'able amount, the asset is
impaired accordingly. Prior impairments are also reviewed for possible reversal al each reporting date.
When it is not possible to estimate the recoverable amount of an individual a55et, an estimate is made of the
recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the
smallest identifiable group of assets thot includes the asset and generates cash inflows that are largely
independent of the cash inflows fi'om other assets or gi'oups of a55el5.
3.10 Financial instruments
A financial asset or a financial liabilily is recognised only when the company become5 a party to the contractual
provisions of the insti'ument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constilules a
financing transaction, where it is recognised at ihe present value of the future payments discount¢d at a market
l'ate of interest foi. a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impainnent at
the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in
pi'ofit or loss immedialely.
For all equity instruments regardless of significance, aiid other financial assets Ihat are individually significant,
these are assessed individually for impairment. Other financial assets or eithei. assessed individually or grouped
on the basis of similar credit risk charactei'istics.
Any reversals of impairment al'e recognised in profit oi. loss immediately, to the extent that the I'eversal does not
resLtIt in a canying amount of the financial asset that exceeds what the carrying amount would have been had the
impairment not pr¢viously been recognised.
Page 10

Derry & Raphoe Action Limited
(Company limited by guarantee)
Notes to the financial statements
for the period from l November 2023 to 31 December 2024
Incoming resources
Unrestricted Restricted
fund5
funds
Period
111112023 to
3111212024
Year
ended
3111012023
Donations
Grants
Investment income
Oth¢r income
1,145
1,145
122,450
319
2,358
4,045
106,188
28
122,450
319
2,358
3,822
122,450
126,272
110,261
4. 1 Gi'ant income received is as follows:.
Unrestricted Reslricted
funds
funds
Period
111112023 ÉO
3111212024
Year
ended
3111012023
Irish Government - Department of Foreign Affairs
Halifax
Fermanagh and Omagh District Council
DAERA NI
SSE Airti'icity Community Fund
Arts Council Nl
Ulster Scots Agency
Derry City and Strabane District Council
Rapid Rural Area Partnei.
W¢stern Health & Social Care Trust
Honourable Irish Society
Children in Need
2,880
4,415
2,880
4,415
5,250
270
979
3,840
7.582
69,179
17,948
140
1,000
1.993
1,993
5,161
76,187
25,914
5,161
76,187
25,914
900
5,000
900
5,000
122,450
122,450
106,188
Pagell

Derry & Raphoe Action Limited
(Company limited by guarantee)
Notes to the financial statements
for the period from l November 2023 to 31 December 2024
Net movement in funds
Period
Year
111112023 to
ended
3111212024 3111012023
Net movement in funds is stated after charging..
Depreciation and other amounts written off tangible assets
Opei'ating lease I'entals
Land and buildings
8,524
8,283
7,000
6,000
and after crediting:
Transfer between fijnds:
Release of revenue grants
133,304
93,213
Employees
Number of employees
Period
111112023
3111212024
Number
Year
ended
3111012023
Number
The average monthly numbers of employees
(including ihe trustee5) during the pei'iod wer¢:
Trustees
Employees
10
10
Employment costs
Period
111112023
3111212024
Year
ended
3111012023
Wages and salaries
39,603
30,689
The trustees neither received nor waiv¢d any emoluments during the year.
Page 12

Derry & Raphoe Action Limited
(Company limited by guarantee)
Notes to the financial statements
for the period from l November 2023 to 31 December 2024
Fixtures,
rittings and
equipment
Tangible fixed assets
Hall
Total
Cost
At l November 2023
42,897
38.404
81,301
At 31 December 2024
42,897
38,404
81,301
Depreciation
At l Nov¢mber 2023
Charge for the period
14,640
4,004
16,740
4,520
31,380
8,524
At 31 December 2024
18,644
21,260
39,904
Net book values
At 31 December 2024
24,253
17,144
41,397
At l November 2023
28,257
21,664
49,921
Debtors
Period
Year
111112023 to
ended
3111212024 3111012023
Grants receivable
7,176
4,293
Creditors: amounts falling due
within one year
Period
111112023
3111212024
Year
ended
3111012023
Accruals and deferred income
2,407
1,923
Page 13

Derry & Raphoe Action Limited
(Company limited by guarantee)
Notes to the financial statements
for the period from l November 2023 to 31 December 2024
10.
Unrestricted funds
l November 2023 Incoming Outgoing Transfers 31 December 2024
General fund
12,144
3,822
(133,239)
133.304
16,031
12,144
3,822
(133,239)
133,304
16,031
Purposes of unrestricted funds
General funds are funds which are available for use at the disci'etion of the Irustees in furtherance of the general
objectives of the charity and which have not been designated for other purposes.
11.
Restricted funds
l November 2023 Incoming Transfers 31 December 2024
Somme Memorial Hall kitchen extension and ramp
Fixtures, fittings and equipinenf
SSE Airti'iciiy Community Fund
Ulster Scots Agency
Derry City and Strabane District Council
Honourable Irish Society
Arts Council Nl
DAERA
Halifax
Ii'ish Government
Children in Need
26,893
22,408
8,222
20,454
2,500
(3,809)
(4,588)
(2,682)
76,187 (89,042)
25,914 (24,964)
900
{900)
5,161
(3,569)
1,993
(1,993)
4,415
(350)
2,880
(246)
5,000
(1.161)
23,084
17,820
5,540
7,599
3,450
3,147
4,739
4,065
2,634
3,839
83,624
122,450 (133,304)
72,770
Purposes of restricted funds
Restricted funds al'e funds which are to be used in accordance with specific resti'iction5 imposed by donors or which
have been I'aised by the company for pai'licular purposes. The c05t of i'aising and administering such funds are
charged against the specific fund.
Page 14

Derry & Raphoe Action Limited
(Company limited by guarantee)
Notes to the financial statements
for the period from l November 2023 to 31 Deeember 2024
12.
Analysis of net assets belween funds
Unrestricted
funds
Restricted
funds
Total
funds
Fund balances at 31 December 2024 as represented by:
Tangible fixed assets
Current assets
Liabilities
493
17,945
{2,407)
40,904
31,866
41,397
49,811
(2,407)
16,031
72,770
88,801
13.
Leasing commitments
At 31 D¢cember 2024 Ihe company had annual commitments under non-canc¢llable operating l¢ases as follows:
Land and buildings
31112124
31110123
Expiry date: 31 December 2031
Within one year
Between one and five years
In over five years
6,000
24,000
13,000
6,000
24,000
19,000
43,000
49,000
14.
Going concern
The Trustees are confident that further funding will be secured from the Ulster Scots Agency to continue with the
coinmunity impact plan and are iherefore satisfied that it is appropriat¢ for the financial statements to be prepared
on the going concern basis.
15.
Transactions with Trustees
The trustees attend meetings and carry out the business of the company on a voluntary basis.
16.
Company limited by guarantee
Deiry & Raphoe Action Limited is a company limited by guarantee and accordingly does not have a share capital.
Every member of the company undertakes to conlribute such amount as may be required not exceeding £1 to the
assets of the charitable company in the event of its being wound up while he or she is a member, oi. within one
yeai. after he or she ceases to be a membei-.
Page 15

Derry & Raphoe Action Limited
(Company li]nited by guarantee)
Notes to the financial statements
for the period from l November 2023 to 31 December 2024
17.
Charity Commission for Northern Ireland
Dei'ry & Raphoe Action Limited 15 8 registered chai'ity with the Charity Commission for Northern Ireland
since 8 June 2015, under registration number NIC102476.
Page 16