Aughnacloy Development Association Ltd. Report of the Trustees for the Year Ended 31 December 2023 The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparlng their accounts in accordance with the Finanaal Reporknng Standard applicable in the UK and Republic of Ireland (FRS 102) (effettive I January 2019). OBJECTIVES AND AcfivITIES Objectives and aims Our activities include the provision of day care facilities for disabled adults from the Clogher Valley area as well as short term residential accommodation and shop units. We organise fundralslng events to asslst with the development of the town and distritt of Aughnacloy. FINANCIAL REVIEW Reserves policy The results for the year are set out in detail on page 4 onwards. The charity returned a net surplus of £25,964 for the year ended 31 December 2023 (2022 - £10,723). The charity does not maintain a formal reserves policy however the Board of Directors continue to monitor the level of reserves held by the charity and are satisfied that these are adequate to meet any unforeseen expenditure incurred. srRucfuRE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its goveming document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Att 2006. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number N1025664 (Northern Ireland) Registered Charity number 102482 Registered office The Mccreedy Mill Centre Caledon Road AUGHNACLOY Co. Tyrone BT69 6AL Trustees Paddy Douglas John Tweedle Millar Tom Quinn stephen Salley Gwen Stevenson John Ward Page I
Aughnacloy Development Association Ltd. Report of the Trustees for the Year Ended 31 December 2023 REFERENCE AND ADMINisfRATIVE DEfAILS Independent Examiner Gildemew & Co Ltd Six Northland Row DUNGANNON Co. Tyrone BT716AW Approved by order of the board of trustees on 15 May 2024 and signed on its behalf by: Gwen Stevenson - Trustee Page 2