COMPANY REGISTRATION NUMBER: NI 038841
CHARITY REGISTRATION NUMBER: XR34864
Drumcree Community Trust
Company Limited by Guarantee
Unaudited Financial Statements
31 December 2017
KELLY & O'NEILL LTD
Chartered Accounlants & Registered Auditors
15E Molesworth Street
Cookstown
Co. Tyrone
BT80 8NX

Drumcree Community Trust
Company Limited by Guarantee
Financial Statements
Year ended 31 December 2017
Page
Trustees, annual report (incorporating the director's report)
Independent examiner's report to the trustees
Statement of financial activities (including income and
expenditure account)
statement of financial position
Notes to the financial statements
10-19
The following pages do not form part of the financial Statements
Detailed statement of financial activities
21-22
Notes to the detailed statement of financial activities
23

Drumcree Community Trust
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report)
Year ended 31 December 2017
The Iruslees. who are also the directors foi the purposes of company law, present their report and the
unaydiled financial statements of the chafily for the year ended 31 December 2017.
Reference and admlnlstratSve detalls
Reglstered charity name
Drumciee CDmmunily Trust
Charlty registration number
XR34864
Company registration number Nl 038841
Principal office and registerèd 3 Ashgrove Road
offlce
Portadown
Co. Armagh
BT62 1PA
Trustees
Michael Bingham IChairperson}
Colelle Mercer {Secrelaryl
Bieandan Mac Cionnailh
Brian G McKeown (Treasurer)
Ciaran Tènnyson
Independent examlngr
Calhal O'Neill IFCA)
Kelly & O'Neill Ltd
Chartered Accounlanls & Registered Auditors
15E Molesworth Street
Cookslown
Co. Tyrone
BT80 8NX
Bank
Bank of Ireland
43 High Street
Portadown
BT62 IHY
Stru¢ture* governance and management
The Board of Trustees c8n only appoint new Trustees. A motion musl be pul forward by one Trustee
and a show of hands delermines if the majority agrees.
The charity is a charitable company limited by guarantee and was in¢orporaled on 28 February 1991.
It is governed by a memorandum of association. Thè chari12ble Company's registration numbei is
N1038841 and ils registered Offi￿ is 3 Ashgrove Road, Portadown. Co Armagh, B T62 1 PA.
The company is approved as a charity under the terms of the Income and Corporation Taxes Act 1988
and the Charity Number is XR34864.
On 2 September 2015 the charitable con7pany registered with The Charity Commission for Northern
Ireland and ils NIC number 1$ 103171.

Drumcree Community Trust
Company Limited by Guarantee
Trustees, Annual Report Ilncorporatlng the Director's Report) (conNnuedJ
Year ended 31 December 2017
Structure, governance and management (COn￿n￿e￿)
Partnership Worklng
Drumcree Community Trust is a member organisalion. with two representatives, of the Verve Network
which is a partnership of community organisalions and thè Southern Health and Social Care Trust
operating across Brownlow, Lurgan and Portadown. Along with Drumcree Community Trust, the other
member organisalions are Craigavon Inleicullural Progfamme, Drumellan Community Organisation,
Edgarstown Residents Association, Shankhill (Lurganl Community Projects. Taghnevan Community
Development Association and Fitzone Foundation.
Each of the organisalions have established and developed Ihemselves as Healthy Living Cenlres and
are part of the Healthy Living Cenlrès Alliance which extends across several areas of the North.
Drumcree Community Trust has two represenlalives on the North West Portadowrt Neighbourhood
Renewal Paflnership. They work alongside other communily groups on the Partnership including
Churchill ParklGardens Tenants, Association. Woodside Residents Association, Obins DrivelAvenue
Association and Edgarstown Communily Assoc￿li0n.
The Department for Communities, the Education Authority, Southern Health and Social Care Trust,
Housing Executive, Southern Regional College and Armagh, Banbridge & Craigavon Council are also
represented on the Partnership.
The Neighbourhood Renewal Partnership aims to bring together the work of government departments
in partnership wilh local people to tackle disadvantage and deprivation in all aspects of everyday life.
Each year, il has an annual budget lo bring forward proposals and projects which mal¢h that aim.
The Youth Support Worker and Health Worker represent Drumcree Community Trust on the North
Wesl Portadown Netwoik body, which manages two external community facilities, the Darby & Joan
Club and the mulli-use games aTea IMUGA). As well as allending regular meetings, they are also
responsible for helping lo organise the MUGA programme for children and adults.
Drumcree Community Trust is represented on the management committee of Blossom Sure Start, an
initiative to support all pregnant women and families who have a preschool child or children 10-4
years) and who live in the Portadown area. Sure Start is a goveinment led initiative offering a rarige of
services lo families with preschool children lo help them reach their full potential and is aimed al giving
every child the best possible start in life. Suie Slart works in partnership with slalulory. voluntary and
community sectors and parents lo promote the physical, intellectual and social development of babies
and young Children.
Objectlves and activitie8
The main charitable objedives of Dfumcree Community Trust are the advancement of C￿lIZenship or
community developmenl,- Ihe advancement of education., the advancement ol heallh or the saving of
lives- the prevention or relief of poverty and the ￿lief of those In neecl by reason of youth, age,
ill-heallh, disability, financial hardship or other disadvanlage.

Drumcree Community Trust
Company Limited by Guarantee
Trusteos, Annual Report (Incorporating the Dlre¢tor's Report) {¢ohtl#uedl
Year ended 31 December 2017
ObJectlves and acllvltl*s (conrfnued)
Actlvltlas
Durlng 2017, Drumcree CommunSly Trust's staff and volunteers havo dellvared a wlde rangg of
programmes. activities and events lo our local community aimed at addresslng a variety of needs
within the 8rea.
Once agaln, a large number chlldren. young people and adults directly benefilled from partlclpalion in
th8 varlous acllvilles. programmes. events and classe8 organlsed through Drumcreo Commurkity
Centra and Diumcree House of H@alth.Tha work unc16rtaken by our staff team was assisted and
slrenglhen8d by our volunteer base and we appreciate the conlribvtion whlch our volunteers conllnue
to make towar(Ss our work wllhSn the communlty.
The three cen(￿-base￿ groups for children aged from 2yrs and 10 months up lo the age of seven
years CDnlinued to operate and during 2017, a number of joint parents, & children's evenls were
organlsed Including= cookery sessions, slay and play sessions, and famlly day Irlps. Late afternoons
and evenings were set aside for young people aged from the primary 3 age groups right through lo
secondary school-age an(i oldor. Again attendance al Ihase sesslons has continued to remain
constant with regular activities Includlng arts and crafts.. mulll-g&mes- cookery workshops. compellllv8
gam¢8' movie nights; anti-bullying programmes- project and small group work.
Ext8rnal coaches were also engaged by the Tiusl lo dellver fllness and stamlna tests lo make young
more aware lo the need lo engage In regular physical activS1ies. In addition, thanks to thg Youth
Engagement Programmes funded through NRISELBIEA, a number of intensive personal development
courses for 45 young people aged 11-19 years old were organised. Elements ot those programmes
included a resldenlial to the Share Cenlre, volun18ering and mentoring opporlunllles,. leadership and
personal development training,. health workshops. 1118 skills courses. menlal health Issuès., drugs &
alcohol awareness sessions; 10 week slress management progiamme, mlndfulness workshops,
young people's pamper sessions, young people's health event, and trips to a number of leisure
Full programmes Of aclivi11gs were organised for JulylAugust 2017 with mornlng. afternoon arbd
evgnlng sesslons. On average, over 300 childrenlyoung people of all age groups bengfilted from these
aclivlliès and the programme was supported by 20 adult volunl8ers, 14 young volunteers and 8 Junior
leadgrs.
Youth Intervention funding allowed Drumcree Communily Trust lo deliver additional programmes for
100+ familles as well as a separate proorammg focused on 75 young pgoplo ageé between 10 and 19
years.. activities includgd cinoma trip, famlly day trips to Bundoran, N$wcasll8tFullymore forest and
Kilbroney. 'Keeping safe, workshops. drug and akohol awaroness workshops and teenBge trips lo the
Mill and Jungle Nl.
Acllve Klds week provided a week Df actlvllles for 20 young peoplg (age￿ 8-14yr81 including beach
walk at Murlough beach, fundam8nlal skills Iralnlng, and sports taster sesslons.
Incluslon project 40 children and young peopl8 (aged 4-19yis old} took part in the project over an
elghl month pariod. Actlvltle8 Included club sesslons, drama and movement sessions, singlng
sessions, nursery rhyme and storytelling sessions and trlps Included Todds Leap ovornlghl slay, 2
trips to the Ihealre, funhous8 In Newry and Cralgavon skl slopes. Thls prolgct promoted filendshlp.
incluslon, acceptance and understanding wllh 8 focus en oble-bodled participanls and the
chlldrenlyoung people with speclal needs worklng together and bullding r8lallon8hlpg.
Training- Included first ald tralnlng for childron and young p80ple18.17yrs old), Autism awareness

Drumcree Community Trust
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) {confflnu8dJ
Year ended 31 December 2017
Objectives and activities fconllnuedj
training. Disabilily awareness training, Safeguarding training. Inlergenerational Project - this 6 week
project with Bubbles and Rosemounl care home involved our pre-school group going lo the home for
play sessions, nursery rhymes, dance and singin9 sessions with the residents. most of whom suffer
from dementia. The residents also came lo the centre for a celebratory event. Much of our WOTk with
adults involved activities aimed al promoting beller and heallhier lifestyles. Our main funder lor this
was SH&SCT which also funded our health related work with young people.
During 2017, we organised regular fitness classes, personal development programme5, stress
reduction classes, mental health workshops, complementary therapy session5, yoga classes, elc. All
these activities were delivered throughout Ihe year and meant that many local residents could lake
advantage of health promolionlheallh advisory services held in an environment where they feel
prote¢led and in which they can feel a genuine part of.
Chair yoga average allendance 20+ lage range 41-93 years old). This ongoing activity included a
social element after each session where a light lunch was provided. People of all ages and abilities
allend and benefit from these sessions including those with severe mobilily reslriclions, cancer
S￿￿&V0[$, people with breathing difficulties. persons suffering from depression and social anxiety. and
those with long term illnesses and dementia.
SPUDS programme (Specific practical ultimate de-slressl - this was delivered over a three month
period and included group-based workshops ranging from relaxation. laughter yoga, singing, dancing.
medilalion, and crafts. Allendance varied he￿een 18-32 women per session.
Our women's group, parents & toddlers group and our young parents, group also continued to meet
weekly. A second parents & toddlers group was also meeting each Friday. The weekly cft)chel class
on Wednesday evenings continues to prove popular with a very good attendance. This is as much of a
socia1 evening as well as a craft cSass for women of all ages and run by volunleefs.
There were also three separate and very well-allended adult exercise classes in the community centre
each week-, bNO on Tuesday evenings and the third on Friday evenings.
Through this comprehensive provision, Orumcree Communily Trusl contributes to the well-being and
personal development of many people ol all ages within our community.
Strateglc report
The following sections for achievements 2nd performan¢e and financial review form the strategic
report of the charity.
Achlevemonts and porformance
The charity succeeded in piomotin9 the interests of the inhabilanls of Portadown.
We have desGribe(f the perforfflance of the charity in further detail in Ihe Activities Section.

Drumcree Community Trust
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report} (conllnued)
Year ended 31 December 2017
Aehlevements and performance (contlnue
Economle Development
Drumcree Community Trust is involved in local economic development and employment creation in
the communily through representation on Ihe Board ol Mayfair Business Cenlre, a social economy
enlerprige, which houses a total of Iwenty five bLt5inesses. providing betsveen them over 120 full and
part-lime jobs lo local people. Through the various businesses located al Mayfair, it is estimated that
well in excess of two million pounds is contributed annually into the economy of the local community
through wages, rates, elo_
The impact of this achievement by the local community lo create, develop and Sustain this economic
development project is ollen underestimated and overlooked. By providing business development, job
creation and employment opportunities, Mayfair is making a positive contribution lo the lives of the
families and households of those employed by the vaiious businesses on site.
Public Beneflt statement
Drumcree Community Trust's activities are designed lo ensure contribulion lo the achievement of ils
charitable objectives.
The Trustees believè that the charitable company provides a public benefit and meets the charitable
PUfPO8e 28 laid down in The Charities Act INI) 2008113.
Drumcree Community Trust aims lo help.. Addition Idruglsolvenualcohol abuse).. Adult Iraining-, Carers.,
Children 15-13 year old51," General public.. Interface communities,. Men.. Mental health.. Older people,.
Parents; Preschool 10-5 year oldsl-, Specific areas of deprivation., Unemployedllow income., Voluntary
and community sector.. Volunteers- Women. Youlh114-25 year olds).
We have revièwed The Charity Commission for Northern Ireland guidance on public b8nefil and can
confifm that we believe that we have satisfied the public benefit requirement.
Financial review
Reserves Policy
The Trustees have examined the charity's requirements lor reserves and consider the current level lo
exceed the requirements lo continue operation throughout the 2018 financial year. The current level of
reserves available lo thè eharily 18 £381,575. This provides sufficient funds lo cover charitable
expenditure, support costs and goveinance costs.

Drumcree Community Trust
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report} (continuerll
Year ended 31 December 2017
Trustèes. responsiblllties
The Iruslees. who are also directors for the purposes of company law, are responsible for preparing
the Iiuslees. report and the financi21 statements in accordance with applicable law and United
Kingdom Accounting Standafds (United Kingdom Generally Accepted Accounting Practice).
Company law requires the charity Iruslees lo prepare financial statements for each year which give a
Irue and fair view of the slate ol affairs of the charitable company and the incoming resources and
applicalior) of resources, includino Ihe income and expenditure, for that period.
In preparing these financial statements, the Iruslees are requifed lo..
select suitable accounting policies and then apply them consistently..
observe the methods and principles in the applicable Charities SORP-,
make judgments and accounting estimate$ that ale reasonable and prudent.,
slate whether applicable UK Accounting Standards have been followed, subject lo any material
departures disclosed and explained in the ftnancial statements..
prepare the financial slalemenls Dn the goin9 concern basis unless il is inappTopriale lo presume
that the charity will continue in business.
The Iru5tee5 are responsible lor keeping adequale accounting records that 2re sufficient to show and
explain the charity's Iran$8¢1ions and disclose with reasonable accuracy al any lime the financial
position of the charity and enable them lo ensure Ihat the financial slalemenls comply with the
Companies Act 2006. They are also responsible for safeguaiding the assets of the charity and hence
for taking reasonablè steps for the prevention and detection of fraud and olher irfegularilies_
Dlsclosure of informatlon to the Independent Examiner
We, the directors of the company who held office at the date of approval of these Financial Slalements
as set out above each confirm. so far as we are aware, that..
there is no relevant infomialion of which the company'g Independent Examiner is unaware.. and
we have taken all the steps that we ought lo have taken as directors in order to make ourselve5
aware of any relevant information and lo establish that the company's Independent Examiner is awa
of that information.
The trustees, annual rewrt and the strategic report were approved on 25 September 2018 and signed
on behall of the board of Iruslee5 by..
IK4
Colette Mercer Iseeretaryl
Trustee
Breandan Mac Clonnaith
Truste8

Drumcree Community Trust
Company Limited by Guarantee
Independent Examiner's Report to the Trust808 of Drumcree Community Trust
Year ended 31 December 2017
I report lo the Iruslees on my examination of the financial slalemenls of Drumcree Community Trnst
{'Ihe charily'l for the year ended 31 December 2017.
Responsibllitles and basis of report
As the Irusleès of the company land also its directors for the purposes of company lawl you are
responsible for the preparation ol the financial statements in accordance with the requirements Of
Charities Act {Northem Ireland) 2008 (Ihe '2008 Acl'l and the Companies Act 2006 ('Ihe 2006 Acl'}.
You are satisfied Ihal the accounts of the compatiy are not required by charity or company law to be
audited and have chosen instead lo have an independent examination.
Having satisfied myself that the accounts of the company are not required lo be audited under Part 16
of the 2006 Act and are eligible for independent examination, I report in respect ol my examination of
the charity's Financial slalements as cafried out under se¢lion 65 of the 2008 Act. In carrying out my
examination I have followed the general Directions given by the Charily Commission for Norlhem
Ireland under section 6519)(bl of the 2008 Act.
Independent examlner's slatèmènt
I have completed my examination. I confirm that no mallers have come lo my attention in connection
wilh my examination giving me cause lo believe that in any material respect..
accounting records were not kept in respect of the charily as required by section 386 of the
2006 A¢l- or
the financial 51alements do not aecord with those records., or
the financial slatemenls do not coniply with the accounting requirements of section 396 of
the 2006 Act other than any requirement that the accounts give a 'true and fair. view which
is not a maller considered as part of an independent examitialion.. or
the financial slalements have not been prepared in accordance with the methods and
piinciples of the Slalement of Recommended Practice for accounting and reporting by
charities applicable to charities preparing their accounts in accordance with the Financial
Reporting Slandaid applicable in Ihe UK and Republic of Iieland (FRS 102).
I confirm that there are no other mallers lo which your attention should be drawn lo enable a proper
understanding of the accounts to be reached.
Cathal O'Nelll IFCA)
Independent Examlner
Kelly & O'Neill Ltd
Chartered Accountants & Registered Auditors
15E Molesworth Slfeet
Cookslown
Co. Tyrone
BT80 8NX

Drumcree Community Trust
Company Limited by Guarantee
statement of Financial Activities
(including income and expenditure account)
Year ended 31 December 2017
2017
Reslricled Endowment
funds
funds Total funds
2016
Unrestricted
funds
Total funds
Not&
Income and endowment8
Donations and legacies
Other trading activities
Olhei iEicome
5,381
1481
4,567
79,923
85,305
1481
4,567
96,321
3.099
6.805
Total income
9,900
79.923
89.824
106,225
Expenditure
Expenditure on
charitable activities
20,603
20,603
79,923
79,923
9,285
9,285
109,812
109.812
116,484
116,484
Total expèndlture
Net expenditure and net
movement in funds
{10,7031
19.2851
(19.9881
{10.259}
Re¢onciltation of funds
Total funds brought forward
Total funds carried forward
(3,9101
114,6131
405,473
398,188
401,S63
381,575
411,824
401,565
The slalemenl of financial activities inclucles all gair¢s and losses recognised in the year.
All income and expendilufe derive From continuing aclivilies.
The notes on pagès 10 to 19 form part ot thes8 finaneial stattmènts.

Drumcree Community Trust
Company Limited by Guarantee
ststement of Financial Position
31 December 2017
2017
2016
Note
Flxed assets
Tangible fixed assèts
14
417,401
427,687
Current assets
Stocks
Debtors
Cash at bank and in hand
15
16
48
7,184
17,175
24,407
18,586
18.586
Creditors: amounts falling due within onè year
Net current liabllltlès
17
54.412
50.529
26,122
35,826
381,575
Total assets less eurrent liabllitl8s
401,565
Net assets
381,575
401,565
Funds of thè charity
Endowment funds
Unreslricled funds
396. 188
(14,6131
381,575
405,475
13,9101
401.565
Total Gharlty funds
18
For the ye3r ending 31 December 2017 Ihe charity was entitled lo exen7ption from audit under section
477 of the Companiès Acl 2006 relating lo small companies.
Difectors, responsibilities..
The members have not required the company lo obtain an audit of its financial slalemenls for the
year in question in accordance with section 476.,
The directors acknowledge their iesEX)nsibililies for complying with the requirements of the A¢1
with respect lo accounting records and the preparation of financial slatemenls.
These linancial slalements have been prepared in accordance with the provisions applicable lo
companies subject lo the small companies, regime.
These financial statements were approved by the board of trustees and authorised for issue on 25
Seplember 2018, and are signed on behalf of the board by:
l￿ikE
Coletle Mercer {Secretaryl
Trustee
Breandan Mac Cionnaith
Trusteè
The notès on pages 10 to 19 form part of these financial $tal&ments.

Drumcree Community Trust
Company Llmited by Guarantee
Notes to the Financial Statements
Year ended 31 December 2017
General informatlon
The charity is a public benelil entity and a private company limited by guarantee, registered in
Northern Ireland and a registered charity in Northern Ireland. The address ol the registered oflice
is 3 Ashgrove RDad, Portadown. Co. Armagh, 8T62 1PA.
statèmÈnl of compllance
These financial statements have been prepared in compliance wilh FRS 102, 'The Financial
Reporting Standard applicable in thè UK and the Republic of Irelancl,, the Slalement of
Recommended Piaolice applicable lo chaiilies preparing their accounts in accordance with the
Financial Repotting Standard applicable in the UK and Republic of Ireland IFRS 1021 (Charities
SORP (FRS 1021) and the Companiè8 Act 2006.
Accounling policies
Basls of prgparation
The financial stalemenls have been prepared on the historical cost basis, as modilied by the
revaluation of certain financial assets and liabilities and investment properties measured al fair
value through income or expendilufe.
The financial stalemenls are prepared in sterling, which is the fvnclional currency of the entity.
Golng concern
There are no material uncertainties about the charit￿S ability lo continue.
Disclosurg exemptlons
The Trustees have taken advantage of the small companies, regime exemption from the
requirement to prepare a cash flow slaletnenl.
Judgements and key sources of estlmatlon uncertalnly
The preparation of the financial statements in accordance with generally accepted accounting
principles requires management lo make eslimales, judgements and assumptions that affect the
reported amounts of assets and liabilities and income and expenditure in the reporting period.
Actual results could diller from those eslimales.
Impairment of Fixed Assets
The Trust's property. plant and equipment are slated at cost less accumulated depreciation. The
assets are depreciated over their e81imaled useful economic lives. The carrying values of such
assets are ieviewed annual for any indications of impairment.
Tax
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010
and therefore il meets the definilion of a charitable Company for UK corporation lax PUfpose5.
10

Drumcree Community Trust
Company Llmlted by Guarantee
Notes to the Financial Ststements fconllnued?
Year ended 31 December 2017
Accounting poll¢les {continuedJ
Fund accounting
Unrestricted funds ale available for use al the discretion of the Iruslees lo further any of the
charity's purposes.
Designated funds are unreslricled funds earmarked by the trustees for particular fltlure project or
commitment.
Resltloted funds are subjeoted to restrictions on their expenditure d¢dared by the donor or
through the terms of an appeal, and fall into one ol two sub-classes.. reslri¢ted income funds or
endowment funds.
Endowment lunds represent those assets which must be held permanently by the charity,
prirbcipally the building. Income arising on the endowmènt funds can be used in accordance with
the objects of the charity and is in¢luded as unresliicted income.
Incoming resources
All incoming resources are included in the slalemer¢l of financial activities when entitlement has
passed to the charity,. il is probable that the economic benelils associated with Ihe transaction
will flow lo the charily and the amount can be reliably measured. The following specific policies
are applied lo particular categories of incotne-
income from donations or grants is recognised when there is evidence of entillemenl to the
gift, receipt is probable and ils amount can be measured ieliably.
legacy income is recognised when receipt is probable and entillemenl is established.
income from donaled goods is measured at the fair value of the goods unless this is
impractical to measure reliably, in which case the value is derived from the cost to the donor
or the esiimated resale value. Donated facilities and services are recognised in the
accounts when reeeived if the value can be reliably measured. No amounts are included for
the contribution of general volunteers.
income from contracts for the supply of services is recognised wilh the delivery ol the
conlfacled service. This is classified as unrestricled funds unless there is a conlraclual
requiremenl for il lo be spent on a particular purpose and returned if unspent, in which case
it may be regarded as restiicled.
11

Drumcree Community Trust
Company Llmited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 December 2017
Accounting policles (¢ontinoTed)
Rèsources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of
financial activities lo which il relates..
expenditure on raising funds includes the costs of all fundraising activities, events,
non-charilable trading acltvilies. and the sale of donated goods.
expenditure on Charitable activities includes all costs incurred by a charity in undertaking
aclivilies that further ils charitable aims for the benefit of its beneficiaries. including those
support costs and costs relating lo the governance of the charity apportioned to cha(ilable
aclivilies.
other expenditure includes all expenditure that is neither related lo raising funds for the
¢harily nor part ol ils expenditure on chaiilable activities.
All costs are allocated to expendilufe calegorles reflecting the use of the resource. Direct costs
allribulable lo a single activity are allocated directly lo that aclivily. Shared costs are apportioned
between the activities they contribute to on a reasonable, jusliFiable and consislenl basis.
Tangible assets
Tangible assets are initially recorded al cosl, and subsequently slated al cost less any
attcumulated depreciation and impairment losses. Any langible assets carried al revalued
amounts are recorded al the fair value at the dale of revaluation less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a resull of a ￿ValUatIon. is recognised in olhef
recognised gains and losses, unless it reverses a charge for impairment that has previously been
recognised as expenditure within the statement of financial aclivilies. A decrease in the carrying
amount of an asset as a result of revaluation. is recognised in other recognised gains and losses,
except lo which il 0118els any previous revaluation gain. in which case the loss is shown within
other recognised gains and losses on the statement of financial aclivilies.
Depreciation
Depreciation 15 calculated so as to write off the cost or valuation of an asset, less ils residual
value, over the useful economic life of that asset as follows-
Freehold property
Renovations
Fixtures and fillings
Capital Grants
20k straight line
20A straight line
100h reducing balance
100/D reducing balance
12

Drumcree Community Trust
Company Limited by Guarantee
Note5 to the Financial Statements (contlnued)
Year ended 31 December 2017
Accountlng poliGie$ {contlnued}
Impalmient of fixed assets
A ieview for indicators of impaifment is carried out at each rep)rting dale, with the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairmen15 are also reviewed for
possible reversal al each reporting dale.
For thè purposes ol impairment lesling, when it is not possible lo estimate the recoverable
amount of an individual asset, an estimate is madè of the recoverable amount of the
cash-generaling unil lo which the asset belongs. The cash-generating unil is the smallest
iLlenlifiable group of assets Ihat includes the asset and generates cash inflows that largely
independent ol the cash inflows from olher assets or groups of assets.
For impairment testing Df goodwill, the goodwill acquired in a business combination is, from the
acquisition dale, allocated lo each of the cash-generaling units that ale expected lo benefil from
the synergies of the combination, irrespective of whether olher assets or liabilities ol Ihe ¢harity
are assigned lo Ih05e units.
Stocks
Stocks are measured al the lower ol cost and eslimaled selling price less costs lo complete and
sell. Cost includes all cos15 of purchase, costs of conversion and olhei Go$ts incurred in bringing
Ihe stock lo ils presenl localion and con(Jilion.
Flnanclal Instruments
A financial asset or a financial liability Is recognised only when the charity becomes a party lo the
conlractual provisions ol the inslrumenl.
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs.
Current assets and current liabilities are subsequently measured al the cash or other
consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measurecl at amortised cost.
Where investments in sha￿S are publicly Iraded or their fair value can otherwise be measured
reliably, the investment is subsequently measured at fair value with changes in fair value
recognised in income and expendilure. All other such investments are subsequenlly measured al
cost less impairment.
Other financial inslrumenls, including derivatives. are initially recognised al fair value, unless
payment for an asset is deferred beyond normal busines5 terms or financed at a rale ol interest
that is not a market rate, in which case the asset is measured al the present value ol the future
payments discounled al a market rate of interest for a similar debt inslrumenl.
13

Drumcree Community Trust
Company Llmlted by Guarantee
Notes to the Financial Statements (conllnuetl)
Year ended 31 December 2017
Accounting poliGles (¢onfinued}
Financial instruments (¢on¢lrtuedl
Other linancial instruments are subsequently measured at fair value, with any changes
recognised in the statement of financial aclivilies. with the exception of hedging inslrumenis in a
designated hedging relationship.
Financial assets that are measured al cost or amortised cost arg reviewed for objective evidence
of impairment al the end of each reporting date. If there is objective evidence of impairmenl, an
impairment loss is recognised under the apprDpriale heading in the statement of financial
activities in which the initial gain was recognised.
For all equity instruments regardless ol significance, and other financial assets that are
individu211y significant, these are assessed individually for impairment. Other financial assets are
either assessed individually or grouped on the basis of similar credit risk chafaclerislics.
Any ieversals of impairment are iecognised immediately, to the extent that the reversal does not
fesult in a carrying amount of the financial assel that exceeds what Ihe carrying amount would
have been had the impairment not previously been recognised.
Llmitad by guarantee
The company is limited by guarantee and has no share capital. Every member of the company
undertakes lo contribute to Ihe a55els of the company in the event of a winding up. In the fesult
of such an event, the liability of each member will nol exceed £1.
Donations and legaclès
Unreslricled
Funds
Reslricled Endowmenl Total Funds
Funds
Funds
2017
t)onations
Donations
2,881
2.881
Grants
DSD
Health and Social Services Grant
Sureslart Grant
SELB
SELB NR
Clear Grant
Henry Smyth Charity Grant
29,593
18,069
16,937
7,924
5.300
2.100
29,593
18.069
19.438
7,924
5.300
2.100
2.500
5.381
79,923
85,305
Unrestficled
Funds
Reslficled Endowment TDlal Funds
Funds
Funds
2016
Donatlons
Donations
1,310
1,310
14

Drumcree Community Trust
Company Limited by Guarantee
Notes to the Financial Statements (conflnuedl
Year ended 31 December 2017
Donations and legacles (continued)
Unrestricted
Funds
Restricted Endowment Total Fund5
Funds
Funds
2016
Grant$
DSD
Health and Social SerVi￿s Grant
Sureslarl Gianl
SELB
SELB NR
Clear Grant
Henry Smylh Charity Grant
9.819
9,819
30,805
26,439
13,693
14,255
30.805
26.439
2.300
14.255
11,393
12,703
73.799
9,819
96,321
othgr trading actlvities
Unrestri¢led Total Funds Unrestrlcled Total Fund5
Funds
2017
Funds
2016
Fundraising events
Shop income
3,056
43
3,056
43
1481
1481
1481
1481
3,099
3,099
other Income
Unreslricle¢J Total Funds Unrestricted Total Funds
Funds
2017
Funds
2016
Cabin Club Income
Trip Income
Rent Received
1,260
1,957
1,350
4,567
1,260
1.957
1,350
4.567
2,011
2,724
2,070
2,011
2,724
2,070
6,805
6,805
A more detailed breakdown of income is given in the management information se¢lion.
15

Drumcree Community Trust
Company Limited by Guarantee
Notes to the Financial Statements (coNRllnued)
Year ended 31 December 2017
Expendlture on Gharitable activities by fund type
Unreslricled
Funds
Reslricted Endowment Total Funds
Funds
Funds
2017
Direct Chaiitable Expenditure
Suppott costs
4,528
16,075
20,603
35,461
44,462
79,923
39.989
69.823
9,285
9,285
109.812
Unreslricled
Funds
Reslricled Endowment Total Funds
Funds
Funds
2016
Direct Charitable Expenditure
Support costs
25,275
9,721
11,837
61,962
37,112
79.372
7,689
34,996
73,799
7,689
116,484
Expenditure on charltable actlvltles by activily lype
Activities
undertaken
directly Support costs
Total funds
2017
Total fvnd
2016
Direcl Charitable Expendilu
Governance costs
39.989
66.741
3.082
106,730
3,082
113.984
2.500
116,484
39,989
69.823
109,812
10. Net expendlture
Net expenditure is staled after chargingl{credilingl-.
2017
2016
Depreciation of tangible fixed assets
Loss on disposal of heritage assels
10,286
10.532
328
11. Independent examlnation fees
2017
2016
Fees payable to the independent examiner for.
Independent examination of the financial statements
2,500
2.500
16

Drumcree Community Trust
Company Limited by Guarantee
Notes to the Financial Statements (conlinued)
Year ended 31 December 2017
12. Staff costs
The total staff costs and employee bènefits for the reporting period are anaSysed as follows=
2017
2016
Wages and salaries
44,461
56.464
The average head count of employees during the year was 6 {2016'. 71. The average number of
lull-lime equivalent employees during the year is analysed as follows..
2017
No.
2016
No.
Number of staff - Charitable Activities
No employee received employee benefits of more than £60,000 during the ye2r12016.' Nil).
13. Trustee remuneration and expenses
The Trustees neilher received nor waived any remuneration during the year12016'. £nil}.
14. Tangible fixed assets
Fixtures and
fiitings
Capital
Grants
Buildings Renovations
Land
Total
Cost
At1 Jan 2017
and 31 Dec 2017
470,194
28,197
3,000
36,866
148,9201
489,337
Depraclatlon
Al 1 Jan 2017
Charge for the
year
At 31 D8c 2017
55,560
4.187
15,837
113,934)
61,650
9.285
564
2.103
11,666}
115,6001
10,286
64.845
4.751
17,940
71,936
Carrying amount
At 31 De¢ 2017
405.349
23.446
3,000
3,000
18,926
(33,3201
(34,9861
417.401
At 31 Dec 2016
414.634
24,010
21,029
427,687
15. Stocks
2017
2016
Raw materials and consumables
48
17

Drumcree Community Trust
Company Limited by Guarante
Notes to the Financial Statements (contlnuerlj
Year ended 31 December 2017
16. Debtors
2017
2016
Prepayments and accrued income
7.184
17. Credltofs: amounts falling due within one year
2017
2016
Bank loans and overdrafts
Accruals and deferred income
18.993
35,419
17.611
32.918
54,412
50.529
18. Analysis of charitable funds
Unrestricted funds
At
31 December
2017
Al
1 January 2017
Income Expenditure
Gener21 funds
13,9101
9,900
(20.6031
114.6131
Restricted funds
At
31 December
2017
At
1 January 2017
Income Expenditure
Restricted Funds
79.923
{79.9231
Endowment funds
At
31 December
2017
Al
1 January 2017
Income Expenditure
Permanent Endowfflenl Fund 1
Building Fund
Permanent Endowment Fund 2-
Original Building Fund
381,153
(9,285}
371,868
24.320
405,473
24.320
(9,285}
396.188
18

Drumcree Community Trust
Company Limited by Guarantee
Notes to the Financial Statements (contsytrutrdl
Year ended 31 December 2017
19. Analysis of net assets belween funds
Unfeslricled Endowment Total Funds Total Funds
Funds
Funds
2017
2016
Tangible fixed assets
Current assets
Creditors less than 1 year
Net as5etS
9.052
18.586
154.412
126.7741
408,349
417.401
18,586
{54,412)
381,575
427,687
24,407
150,529)
401,565
408,349
19

Drumcree Community Trust
Company Limited by Guarantee
Management Information
Year ended 31 December 2017
Thè following pages do not form part of the finan¢lal Statements.
20

Drumcree Community Trust
Company Limited by Guarantee
Detalled Statement of Financial Activities
Year end8d 31 December 2017
2017
2016
Income and endowments
Donatlons and legacies
Donations
DSD
Health and Social Services Grant
Sureslart Grant
SELB
SELB NR
Clear Grant
Henry Smylh Charity Grant
2,881
1.310
9.819
30,805
26,439
13,693
14,255
29,593
18,069
19,438
7,924
5,300
2,100
85,305
96,321
Othèr trading actlYllSes
Fundraising events
Shop income
3,056
43
1481
1481
3,099
Other income
Cabin Club Income
Trip Income
Rent Received
1,260
1,957
1,350
2,011
2,724
2,070
4,667
6,805
Tolal incomè
89,824
106,225
21

Drumcree Community Trust
Company Limited by Guarantee
Detailed Statement of Financial Activities {contlnuedJ
Year ended 31 December 2017
2017
2016
Expenditure
Expenditure on charitablo activities
Wages and salaries
Rent
Rates and water
Light and heal
Repairs and maintenance
Insurance
Other motorltravel costs
Legal and professtonal fees
Telephone
Depreciation
Interest on bank loan5 and overdrafts
Loss on disposal of assets
Sundry expenses
Cabin Club expenses
Sure Starl programme
Health House expenses
44,461
56,464
255
4S7
2,202
890
3,380
6.874
2,500
1,206
10,532
757
328
2,714
24,180
2,502
1,243
995
2,507
1,757
3,247
3,082
1,556
10,286
1,292
640
28,568
3,971
7,450
109,812
116,484
Total expenditure
109,812
116,484
Net expenditure
119,9881
110,2591
22

Drumcree Community Trust
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Activities
Year ended 31 December 2017
2017
2016
Expendlture on charitsbl8 activities
Direct Charitable Expenditure
Activities undertaken directly
Travelling expenses
Educational Course5 & Training
Cabin Club Expenses
Sureslart Programme Expenses
Health House Expenses
6,874
2,313
24,18Q
2,502
1,243
37,112
28.568
3,971
7,45D
39,989
Support ¢osts
Wages
Rent
Water Rates
Light & Heal
Repairs & Maintenance
Insurance
Telephone
Depreciation
Bank fees & Interest
{ProfilllLoss on disposal of tangible assets
Sundry Expense8
44.461
56,464
255
457
2,202
890
3,380
1,206
10,532
757
328
401
995
2.507
1,757
3,247
1,556
10,286
1.292
640
66,741
76,872
Governance Costs
Accountancy
Governance costs- bookkeeping
2,500
582
2,500
3.082
2,500
Expenditure on charitable actlvlties
109,812
116,484
23