Donemana Cultural Association Limited (Company limited by guarantee) Trustees, report for the year ended 31 July 2023 The Trustees present theii- report and the financial statements foi. the year ended 31 July 2023. Directors OfficeiE of the Company, known as directors for the purpose of coinpany law and trustees foi. Ihe purpose of charity law, who sei'ved during the year and up to the dale of this i'epoit are set out oli page l of the financial stateinents. Members of the chai'ilable company guai'antee lo conlribule an amouiit not exceeding £ I to the assets of the charitable coinpany in the event of winding up. Charitable objects The principle activiiy of the charitable company is to provide a cominunity facility in the village of Doi)einana, accessible to all local groups. In doing so they aim to achieve gi'eater cross community contact, iinprove coininui)ity I'elations and a greater underslanding and tolerance of the cultui'al histoi'y of the area of Donemana. Donemana Cultural Association Liinited is a I'egistei'ed charity with the Charity Commission for Northern Ireland since 3 Noveinber 2015, ui)der registi'ation numbei. NIC103583. Organisational structure The day to day rnanag¢m¢nt of the charitable coinpany is carried out by the Chairman and Tr¢asui'er. suppoit¢d and overseen by the otl)er ti'ustees. Review of activities and achievements The Statement of Financial Activities on page S of the financial statements sets oul the results for the year. The pui'pose of the funds are outlined in the notes to the financial statements. The chai'ilable company is currently d¢veloping a local history museun) and aims to niarket this once it becomes fully operational. It continues to atti-act intei'est from the local community and are currently working on a number of projects to enhance the building foi. coininui)ity use. The considered view of the trustees is that, after making enquiries, they have a reasonable expectation that the charitable company will have adequate resoui'¢¢s availabl¢ to finance its ti'ading and other obligalions for the foreseeable futui'e. The trust¢¢s are not aware of any events likely to occur in tl)e twelve months following the sat¢ of the approval of the financial stat¢ments that may impact on the charitable company's ability to continue as a going concei'n. W¢ beli¢ve that it is therefore appi-opriate foi- the charitable company's fii)ancial stateinents foi. tlie year ended 31 July 2023 to have b¢en prepared on a going concern basis. ReseeS The Statement of Financial Activities on page 5 of the financial statements sets out the results for the year. The purpose of the funds are outlined in ihe notes to the financial statements. Taxation The charitable coinpany is accepted as a charity by HM Revenue & Customs under reference XT21191 and tlierefore is exen)pt from corporation tax. Statement of trustees, responsibililies The Trustees are responsible for preparing the Trustees, Repoil and the financial statements in accoi'dance with applicable law and regulations. Page I
Donemana Cultural Association Limited (Company limited by guarantee) Trustees, report for the year ended 31 July 2023 Company law and charity law i'equii'es the Trustees to prepare financial statements for each financial year. Under that law the ti'ustees have elected lo prepai'e Ihe financial slat¢ments in accoi'danc¢ with applicable law and United Kingdom Accounting Standards (United Kingdoin Generally Accepted Accounting Practice) including 'Accounting and Repoiting by Charities.. Slat¢inent of Recoinmended Pi'actice, (FRS 102 'The Financial Reportiiig Staiidard applicable iii the UK and Republic of li'eland,). Undei. coinpany law the Ti'ustees must i)ot appi'ove the financial statements unless tliey al'e satisfied that they give a true and fail. view of the slate of affairs of the company and of the surplus oi. deficit of the compaiiy for that year. In pr¢pai'iiig these finai)cial stateinents, the ti'ustees al'e reqiiired to.. select suitable accounting policies ai)d then apply them consistently. make judgeinents and estimales that are i'easonable and prudent- slat¢ whether applicable accounting standai'ds and slatem¢nts of recommended practice have be¢n followed subject lo any depaitui'es disclosed and explained in the finaiicial statements. and pi'epare the financial stateinents on the going concern basis unless it is inappropriate to pi-esume that the charity will conlinue in business. Tlie ti'ustees have ovei'all responsibility for ensuring that Ihe charity has appi'opi'iate system of controls, fiiiancial and oiherwise. They are also responsible foi. keeping pi-opei- accounting i'ecoi'ds which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure tliat the financial statements comply with the Companies Act 2006. They are also i'esponsible foi. safeguarding th¢ assets of the charity and hence for taking reasonable steps foi. the pi-¢vention and detection of fi'aud and other i11'egularities. Accountants The ti'ustees recommend that McFarland Ai'nold & Co remain in office unlil further notice. Special provisions relating to small companies This report has been prepai'ed in accordance wilh Statement of Recommeiided Pra¢tice= Accounting and Reporting by Charities (FRS 102) and in accordance witli the special provisions of Pait 15 of the Companies Act 2006 rclating to small ei)tities. Tl)is report was approved by the ti'ustees on -7 C,¥ and signed on its behalf by Signatui'e: Nanie (in block capitals).. 1¢¢ Trustee Page 2