Donemana Cultural Association Limited (Company limited by guarantee)
Trustees’ report and financial statements
for the year ended 31 July 2025 Company registration number: NI069847 Northern Ireland Charity number: NIC103583
McFarland Arnold & Co Chartered Accountants
Donemana Cultural Association Limited (Company limited by guarantee)
Contents for the year ended 31 July 2025
| Page | |
|---|---|
| Legal and administrative information | 1 |
| Trustees’ report | 2-3 |
| Independent examiners’ report | 4 |
| Statement offinancial activities | 5 |
| Balance sheet | 6-7 |
| Notestothefinancialstatements | 8-14 |
Donemana Cultural Association Limited (Company limited by guarantee)
Legal and administrative information for the year ended 31 July 2025
Legal status
The company is a private limited company, limited by guarantee, which was incorporated on 3 July 2008 under the Companies (Northern Ireland) Order 1986 under Registration Number NI069847, It is also recognised as a charity by the HM Revenue & Customs under Reference Number XT21191. The company is a registered charity with the Charity Commission for Northern Ireland since 3 November 2015 under registration number NIC103583.
| Trustees | Mr Albert Allen |
|---|---|
| Mrs Sandra Allen | |
| Mr Thomas Allen | |
| Mr William Anderson (resigned 20 September 2025) | |
| Mr Allan Bresland | |
| Mr Keith Buchanan | |
| Mr Colin Campbell | |
| Mr Ken Colhoun (resigned 20 September 2025) | |
| Mr Alastair McMichael | |
| Mr lan McMichael | |
| Mr Ernest Robinson (resigned 20 September 2025) | |
| Mrs Kathleen Rodgers | |
| Mr Mervyn Rodgers | |
| Mrs Daisy Watt (resigned 20 September 2025) | |
| Secretary | Mr Colin Campbell |
| Company number | NI069847 |
| Registered office | 77 Dunnyboe Road |
| Donemana | |
| Strabane | |
| Co Tyrone | |
| BT82 ORB | |
| Accountants | McFarland Arnold& Co |
| 8 Main Street | |
| Newtownstewart | |
| Omagh | |
| Co Tyrone | |
| BT78 4AA | |
| Business address | 77 Dunnyboe Road |
| Donemana | |
| Strabane | |
| Co Tyrone | |
| BT82 ORB | |
| Bankers | Allied Irish Bank(ND |
| Meadow Bank | |
| Strand Road | |
| Londonderry | |
| BT487TN |
Page |
Donemana Cultural Association Limited (Company limited by guarantee)
Trustees’ report for the year ended 31 July 2025
The Trustees present their report and the financial statements for the year ended 31 July 2025.
Directors
Officers of the company, known as directors 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 report are set out on page | of the financial statements.
Members of the charitable company guarantee to contribute an amount not exceeding £1 to the assets of the charitable company in the event of winding up.
Charitable objects
The principle activity of the charitable company is to provide a community facility in the village of Donemana, accessible to all local groups. In doing so they aim to achieve greater cross community contact, improve community relations and a greater understanding and tolerance of the cultural history of the area of Donemana.
Donemana Cultural Association Limited is a registered charity with the Charity Commission for Northern Ireland since 3 November 2015, under registration number NIC103583.
Organisational structure
The day to day management of the charitable company is carried out by the Chairman and Treasurer, supported and overseen by the other trustees.
Review of activities and achievements
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 the notes to the financial statements.
The charitable company is currently developing a local history museum and aims to market this once it becomes fully operational. It continues to attract interest from the local community and are currently working on a number of projects to enhance the building for community use.
The considered view of the trustees is that, after making enquiries, they have a reasonable expectation that the charitable company will have adequate resources available to finance its trading and other obligations for the foreseeable future. The trustees are not aware of any events likely to occur in the twelve months following the sate of the approval of the financial statements that may impact on the charitable company's ability to continue as a going concern. We believe that it is therefore appropriate for the charitable company's financial statements for the year ended 31 July 2025 to have been prepared on a going concern basis.
Reserves
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 the notes to the financial statements.
Taxation
The charitable company is accepted as a charity by HM Revenue & Customs under reference XT21191 and therefore is exempt from corporation tax.
Statement of trustees' responsibilities
The Trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and regulations.
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Donemana Cultural Association Limited (Company limited by guarantee)
Trustees’ report for the year ended 31 July 2025
Company law and charity law requires the Trustees to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including 'Accounting and Reporting by Charities: Statement of Recommended Practice’ (FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland’). Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that year. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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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
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees have overall responsibility for ensuring that the charity has appropriate system of controls, financial and otherwise. They are also responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities,
Accountants
The trustees recommend that McFarland Arnold & Co remain in office until further notice.
Special provisions relating to small companies
This report has been prepared in accordance with Statement 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 entities.
This report was approved by the trusteeson 2© Apa | 202G
and signed on its behalf by
Signature: Key th frocanon, Name (in block capitals): lk Ez TH Kucelarra ~~) Trustee
Page 3
Donemana Cultural Association Limited (Company limited by guarantee)
Independent examiner's report on the unaudited financial statements to the trustees of Donemana Cultural Association Limited for the year ended 31 July 2025
We report on the financial statements of Donemana Cultural Association Limited for the year ended 31 July 2025 which are set out on pages | to 14.
Respective responsibilities of trustees and examiner
As described in the statement of trustees’ responsibilities the company's trustees (who also act as directors for the charitable activities of Donemana Cultural Association Limited) are responsible for the preparation of the financial statements in accordance with the Companies Act 2006 and with the Charities Act (Northern Ireland) 2008.
It is our responsibility to:- examine the financial statements under section 65 of the Charities Act - follow the procedures laid down in the general Directions given by the Commission under section 65(9)(b) of the Charities Act - state whether particular matters have come to our attention.
Basis of independent examiner's report
We have examined your charity financial statements as required under section 65 of the Charities Act and our examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9){b) of the Charities Act. Our examination included a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also included consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as charity trustees concerning any such matters.
Our role is to state whether any material matters have come to our attention giving us cause to believe:
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That accounting records were not kept in accordance with section 63 of the Charities Act
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That the financial statements do not accord with those accounting records
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That the financial statements do not comply with the accounting requirements of the Charities Act
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4, That there is further information needed for a proper understanding of the financial statements to be reached.
Independent examiner's statement
We have completed our examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, we have found no matters that require drawing to your attention.
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Chartered Accountants
Date:ater *Dic AyoAl> font,
McFarland Arnold & Co
Chartered Accountants
8 Main Street
Newtownstewart
Co Tyrone BT78 4AA
Page 4
Donemana Cultural Association Limited (A company limited by guarantee)
Statement of financial activities (incorporating the income and expenditure account) for the year ended 31 July 2025
| Unrestricted | Restricted | 2025 | 2024 | ||
|---|---|---|---|---|---|
| funds | funds | Total | Total | ||
| Notes | £ | £ | £ | £ | |
| Incoming resources | |||||
| Incoming resources from generating funds: | |||||
| Grants | 4 | - | 7,553 | 7,553 | 4,616 |
| Other incoming resources | 5 | 1,460 | - | 1,460 | 910 |
| Donations | - | 1,449 | 1,449 | - | |
| Total incoming resources | 1,460 | 9,002 | 10,462 | 5,526 | |
| Resources expended | |||||
| Community events | - | - | - | 1,680 | |
| Printing, postage, advertising and stationery | 2,875 | - | 2,875 | - | |
| Insurance | 2,188 | - | 2,188 | 549 | |
| Heat and light | 540 | - | 540 | 540 | |
| Accountancy fees | 630 | - | 630 | 630 | |
| Repairs&maintenance | 9,254 | - | 9,254 | 1,700 | |
| Bank charges | 53 | - | 53 | 52 | |
| Sundry expenses | 33 | - | 33 | 35 | |
| Depreciation& impairment | 32 | 8,572 | 8,604 | 8,647 | |
| Total resources expended | 15,605 | 8,572 | 24,177 | 13,833 | |
| Net incoming/(outgoing) resources | |||||
| before transfers | (14,145) | 430 | (13,715) | (8,307) | |
| Transfers between funds | 12,687 | (12,687) | - | - | |
| Net movement in funds/Net | |||||
| income/(expenditure) for theyear | (1,458) | (12,257) | (13,715) | (8,307) | |
| Total funds brought forward | (897) | 86,902 | 86,005 | 94,312 | |
| Totalfundscarriedforward | (2,355) | 74,645 | 72,290 | 86,005 |
The notes on pages 8 to 14 form an integral part of these financial statements.
Page 5
Donemana Cultural Association Limited
(Company limited by guarantee)
Balance sheet as at 31 July 2025
| 2025 | 2024 | |||||
|---|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | ||
| Fixed assets | ||||||
| Tangible assets | 9 | 72,357 | 80,961 | |||
| Current assets | ||||||
| Debtors | - | 2,170 | ||||
| Cash at bank and in hand | 603 | 3,474 | ||||
| 603 | 5,644 | |||||
| Creditors: amounts falling | ||||||
| due within oneyear | 10 | (670) | (600) | |||
| Net current (liabilities)/assets | (67) | 5,044 | ||||
| Net assets | 72,290 | 86,005 | ||||
| Funds | 11 | |||||
| Restricted income funds | 12 | 74,645 | 86,902 | |||
| Unrestricted income funds | 13 | (2,355) | (897) | |||
| 72,290 | 86,005 |
The company is registered as a private limited company in Northern Ireland under Registration Number NI069847.
The trustees' statements required by Section 475 (2) and (3) are shown on the following page which forms part of this Balance Sheet.
The notes on pages 8 to 14 form an integral part of these financial statements.
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Donemana Cultural Association Limited (Company limited by guarantee)
| (1) ensuring that the charitable company keeps accounting records which comply with Section 386 of the Companies Act | 2006, and
|
: |
Balance sheet (continued)
Trustees' statements required by Section 475 (2) and (3) for the year ended 31 July 2025
In approving these financial statements as trustees of the charitable company we hereby confirm:
(a) that for the year stated above the charitable company was entitled to the exemption conferred by Section 477 of the Companies Act 2006
(b) that no notice has been deposited at the registered office of the charitable company pursuant to Section 476 of the Companies Act 2006 requesting that an audit be conducted for the year ended 31 July 2025 and
(c) that we acknowledge our responsibilities for:
(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 year and of its surplus or deficit for the year then ended in accordance with the requirements of Section 393 of the Companies Act 2006 and which otherwise comply with the provisions 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 the special provisions of Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
The financial statements were approved by the Board on 2© Apes 1 2Oo2e
and signed on its behalf by
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Name (in block capitals): legeTH uct Aw AW Name (in block capitals): A Lod a s ES LA wi)
Trustee Trustee
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The notes on pages 8 to 14 form an integral part of these financial statements.
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Donemana Cultural Association Limited (Company limited by guarantee)
Notes to the financial statements for the year ended 31 July 2025
1. General information
The company is a private limited company, limited by guarantee, which was incorporated on 3 July 2008 under the Companies (Northern Ireland) Order 1986 and the Companies Act 2006, under Registration Number NI069847. It is also recognised as a charity by the HM Revenue & Customs under Reference Number XT21191, The company is a registered charity with the Charity Commission for Northern Ireland since 3 November 2015 under registration number NIC103583. The address of the registered office is 77 Dunnyboe Road, Donemana, Strabane, Co Tyrone, BT82 ORB
- 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 the UK and the Republic of Ireland’) and in accordance with the Companies Act 2006.
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Accounting policies
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3.1. Basis of preparation
The 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 has taken advantage of the exemption in FRS 102 Section 1A from the requirement 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 grants, including capital grants, is included in incoming resources when these are receivable, except as follows:
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When donors specify that donations and grants given to the charity must be used in future accounting periods, the income is deferred until those periods.
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When donors impose conditions which have to be fulfilled before the charity becomes entitled to use such income, the income is deferred and not included in incoming resources until the pre-conditions for use have been met.
When donors specify that donations and grants, including capital grants, are for a particular restricted purposes, which do not amount to pre-conditions regarding entitlement, this income is included in incoming resources of restricted funds when receivable.
The value of services provided by volunteers has not been included.
Other income is recognised in the year in which receivable.
- 3.3. Interest receivable
Interest is included on a receivables basis by the charity.
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Donemana Cultural Association Limited (Company limited by guarantee)
Notes to the financial statements
for the year ended 31 July 2025
3.4. Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes VAT which the company is ineligible to recover, and is reported as part of the expenditure to which it relates,
Charitable expenditure comprises those costs incurred by the charity in the 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 are capitalised and included at their purchase costs, together with any incidental expenses of acquisition.
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Leasehold properties - Straight line over the life of the lease Fixtures, fittings and equipment20 % reducing balance
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 impairment if events or changes in circumstances indicate the carrying value may not be recoverable.
3.6. Fund accounting
Unrestricted funds relate to general funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds _ are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
3.7. Taxation
The company is registered as a charity for tax purposes under reference XT21191.
As a charity, Donemana Cultural Association Limited is exempt from tax on income and gains falling within Section 505 of the Taxes Act 1988 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have therefore arisen for the company for the year ended 31 July 2025.
3.8 Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
When it is not possible to estimate the recoverable amount of an individual asset, 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 that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
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Donemana Cultural Association Limited (Company limited by guarantee)
Notes to the financial statements for the year ended 31 July 2025
3.9 Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for 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 impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
| 4, | Grant income | Restricted | ||
|---|---|---|---|---|
| funds | 2025 | 2024 | ||
| £ | £ | £ | ||
| Ulster Scots Agency | - | - | 1,116 | |
| Airtricity Community Fund | - | - | 3,500 | |
| Wind Farm Community Fund | 4,600 | 4,600 | - | |
| Department ofAgriculture and Rural Development | 2,953 | 2,953 | - | |
| 7,553 | 7,553 | 4,616 | ||
| 5. | Other incoming resources | Unrestricted | ||
| funds | 2025 | 2024 | ||
| £ | £ | £ | ||
| Rent ofhall | 1,460 | 1,460 | 910 | |
| 1,460 | 1,460 | 910 |
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Donemana Cultural Association Limited (Company limited by guarantee)
Notes to the financial statements
for the year ended 31 July 2025
| 6. | Net movement in funds | ||||
|---|---|---|---|---|---|
| 2025 | 2024 | ||||
| £ | £ | ||||
| Net movement in funds is stated after charging: | |||||
| Depreciation and other amounts written offtangible fixed assets | 8,604 | 8,647 | |||
| and after crediting: | |||||
| Transfer between funds: | |||||
| Release ofrevenue grants | 12,687 | 3,315 | |||
| 7. | Employees | ||||
| Number ofemployees | |||||
| The average monthly numbers ofemployees | 2025 | 2024 | |||
| (including the trustees) during the year were: | Number | Number | |||
| Trustees | 14 | 14 | |||
| 8. | Trustees' emoluments | ||||
| The trustees neither received nor waived any emoluments during the year. | |||||
| Fixtures, | |||||
| 9. | Tangible fixed assets | fittings | and | ||
| Property | equipment | Total | |||
| £ | £ | £ | |||
| Cost | |||||
| At | August2024 | ||||
| At 31 July 2025 | 210,812 | [3,829 | 224,641 | ||
| Depreciation | |||||
| At 1 August 2024 | 130,710 | 12,970 | 143,680 | ||
| Charge for the year | 8,432 | 172 | 8,604 | ||
| At 31 July 2025 | 139,142 | 13,142 | 152,284 | ||
| Net book values | |||||
| At 31 July 2025 | 71,670 | 687 | 72,357 | ||
| At31July2024 | 80,102 | 859 | 80,961 |
Page II
Donemana Cultural Association Limited (Company limited by guarantee)
Notes to the financial statements for the year ended 31 July 2025
| 10. | Creditors: amounts falling due | 2025 | 2024 |
|---|---|---|---|
| within one year | £ | £ | |
| Accrualsanddeferredincome | 670 | 600 |
- Analysis of net assets between funds
| Unrestricted | Restricted | Restricted | Total | ||||||
|---|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | |||||||
| £ | £ | £ | |||||||
| Fund balances at 31 July 2025 as represented by: | |||||||||
| Tangible fixed assets | 268 | 72,089 | 72,357 | ||||||
| Current assets | (1,953) | 2,556 | 603 | ||||||
| Current liabilities | (670) | - | (670) | ||||||
| (2,355) | 74,645 | 72,290 | |||||||
| 12. | Unrestricted funds | 1 August | 2024 | Incoming | Outgoing Transfers |
31 | July | 2025 | |
| £ | £ | £ | £ | £ | |||||
| General fund | (897) | 1,460 | (15,605) | 12,687 | (2,355) | ||||
| (897) | 1,460 | (15,605) | 12,687 | (2,355) |
Purposes of unrestricted funds
General funds are funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
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Donemana Cultural Association Limited (Company limited by guarantee)
Notes to the financial statements for the year ended 31 July 2025
13.
| Restricted funds | 1 August 2024 | Incoming | Transfers | 31 July | 2025 |
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| Property | 79,975 | - | (8,425) | 71,550 | |
| Fixtures, fittings and equipment | 343 | - | (69) | 274 | |
| Airtricity Community Fund | 6,246 | - | (3,685) | 2,561 | |
| DAERA Rural Micro Capital Grant | 338 | 2,953 | (3,031) | 260 | |
| ESB Wind Farm Community Fund | - | 4,600 | (4,600) | - | |
| Donations | - | 1,449 | (1,449) | - | |
| 86,902 | 9,002 | (21,259) | 74,645 |
Purposes of restricted funds
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds is charged against the specific fund. The aim and use of each restricted fund is set out in the note above.
Restricted funds relate to the costs of property and equipment for Donemana Cultural Association Limited, together with specific projects as noted above. Grants received during the year are outlined in note 4 of the financial statements.
14. ‘Transactions with trustees
The trustees attend meetings and carry out the business of the company on a voluntary basis.
15. Company limited by guarantee
Donemana Cultural Association Limited is a company limited by guarantee and accordingly does not have a share capital.
Every member of the company undertakes to contribute 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, or within one year after he or she ceases to be a member.
16. Charity Commission for Northern Ireland
Donemana Cultural Association Limited is a registered charity with the Charity Commission for Northern Ireland since 3 November 2015, under registration number NIC103583.
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Donemana Cultural Association Limited
(Company limited by guarantee)
Notes to the financial statements
for the year ended 31 July 2025
17. Going concern
In common with all community group's in Northern Ireland, the company continues to experience difficulty in securing long term funding.
The Trustees are continuing to work on a number of projects to enhance the buiding for community use to generate more income, together with taking steps to minimise overheads, therefore consider that the company can continue to meet its objectives for the incoming year and that it is appropriate for the financial statements to be prepared on the going concern basis.
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