Charity number: NIC104471
Company number: N1023358
THE RESOURCE CENTRE DERRY
(A company limited by guarantee)
Trustees, report and financial statements
for the year ended 31 March 2025

THE RESOURCE CENTRE DERRY
(A eompany Ilmited by guarantee)
Contents
Page
Legal and adminlstrative infonnation
Trust¢es' annual report (incorporating th¢ stategic report)
Independent AuditOTS' report
9-12
Statement of f￿ancIal a¢tivili¢s
13
Statement of fllmncial position
14
Statement of cash flow8
15
Notes to the fmancial statements
16-28
Page I

THE RESOURCE CENTRE DERRY
(A eompany limited by guarantee)
Legal and administrative information
HMRC Charlty number
XR175222
Charity Number
NIC104471
Company registralion nllmber N10233 58
Business address
Racecourse Road
Carnhill
Derry B T48 8BA
Racecourse Road
Canthill
D¢ry BT48 8BA
Registered office
Trustees I directors
M Quinn (Chairperson)
H Boyle (Secretary)
P Cassidy (Treasurer)
J Dohety
R Walsh
C Mccaughan
K Mrcolgan
Fr S O Donnell
Key management personnel
Registered care manager
H Dohety
Welfare rights manager
J McKinney
Finance manager
L Watson
Responsible person for DaycarelCEO P Mccarron
Audltors
McDaid Mccullough Moore
28132 Clarendon Street
Derry BT48 7HD
Bankers
Allied Irish Bank
Meadowbank
Strand Road
Derry B T48 7TN
Solicitors
Mark McFeely
Brendan Kearney & Co
4 Clarendon Street
Derry B T48 7EX
Page 2

THE RESOURCE CENTRE DERRY
(A company limited by guarantee)
Trustees, Annual Report (Incorporating The Strategie Report)
for the year ended 31 Marcb 2025
The trustees (in their capacity as both trustees and directors) present their report and the fjnancial statements for the year
ended 31 March 2025, The trustees who served durtng the year and up to the date of this report are set out on page 2.
This report is prepared in accordance with Accounting and Reporting by Charities.. Statement Of Recognised Practice
applicable to charities PTeparing their accounts in accordance with the Financial Reporting Standard applicable in the
UK and Republic of Ireland (FRS 102) (issued October 2019).
The trustees appreciate the support provided by our funders and the dedication of our staff, in this difficult year.
Structsrej governance and management
Governing docunzenl
The organisation is a charitable cotnpany limited by guarantee not having a share capital (company registration number
N1023358). It is recognised as a charity by HM Revenue and Customs (registration number XR175222) and was
registered as a charity by the Nl Charities Commission in February 2016 (registration number NIC104471). Th¢ Trusls
governing document is its Memorandum and Articles of Association dated 15 December 1989.
Organisational structure
The charitable company is managed by the truste¢s. Trustees are chosen based on their skills and professional
backgrounds so as to ensure a wide range of experience is represented on the Board. The Board of Trustees (and various
other sub committees ) meet monthly to review perforn]ance. deternline strategies, assess risk and plan policies.
The trust is managed daily by personnel appointed by the Trustees including a chief executive, care manager, welfare
rights manager, finance Manager and other senior employees. The senior employees report daily to the chief executive
and the various managers ensuring the smooth operation of the Centre. The senior management are responsible for
ensuring that the employees and the Centre complies with all relevant regulations including food hygiene, health &
safety, health inforniation and quality authority regulations (HIQA) and general data protection regulations. Training and
professional development courses are provided for all staff.
The Resource Centre is an equal opportunities employer committed to positive policies on recruitment, training and
career development for staff members (and potential staff members) regardless of marital status, religion, colour, race,
ethnic origin or disability. The Resource Centre also accomodates patrons with disabilities by providing easily accessible
enty and exit.
Appointment and training of trz4Stees
New trustees are nominated by current trustees and from nominations proposed by DeTry City & strabane District
Council. Induction and training of new trustees is provided by existing trustees and employees. Most trustees due to their
experience and backgrounds are already familiar with the work of the Resource Centre.
Principal risky and uncertainties
The management has conducted its own review of the major risks to which the company is exposed and systems have
been established to mitigate those risks. The ttustees continually monitor their exposure to fmancial risk. Giv¢n the size
of the company. the trustees have not delegated the responsibility of monitoring financial risk to a sub committee. The
policies Set by the trustees are irnplemented by department manag¢rs and the flnance department.
Page 3

THE RESOURCE CENTRE DERRY
(A company limited by guarantee)
Trustees, Annual Report (Incorporating The Strategic Report)
for the year ended 31 March 2025
The financial viability and sustainability of the Resource Centre is a major risk recognised. The trustees continually
strive to source additional or new funding to enhance the facilities and services available at the centre. Diversification of
activities to place less reliance on public funding is sought and has been achieved by generating income from the
Community Shop, the Cafe - Brew And Banter, St Brigids Centre and private daycare.
Business and financial risk is managed by ensuring appropriate staff. with the necessary experience, are in place and
budgets and forecasts prepared and reported on monthly. The reporting network makes use of IT systems which
includes Microsoft Excellword, Evide and Sage software packages which are continuously updated and maintained.
Recruitment & retention of staff is a concern that has come to light in the current economic climate. RCD is working
with funders and other stakeholders to ensure there is increased sustained investment in this ar¢a to ensure services
provided ar¢ not diminish¢d.
The Kesource Centres, principal fll)ancial assets includes cash, grant debtors and trade creditors. Associatsd risks include
credit risk and liquidity risk. To minimize credit risk the trustees have implemented policies that require appropriate
credit checks on potential customers before transactions take place. To minimize liquidity risk material purchases are
carefully planned to ensure appropriate cash flows exist to meet operational costs.
Internal risks are minimised by the implementation of controls and procedures for authorisation of all transactions.
Pay Poli¢yfor Key Management Personnel
The trustees consider the department managers and senior staff as the key management personnel of the charity
responsible for operating The Resource Centre. The trustees receive no remuneration and were not reimbursed for
expenses during the year. The remuneration of senior stsff is set by the trustees and reviewed annually and is norn)ally
based on p¢rforn]ance appraisal. The tnist¢es benchmark in setting salaries is based on the salaries of other key
matvdgement personnel in similar comparable organisations.
Volunteers
The charitable company is grateful for the efforts of its 23 volunteers who are involved in various activities including
collection and distribution of meals (meals on wheels), helping in the community shop and general help in the kitchen
and social centre.
Related parties
The Resource Centre works closely with Shantallow Community Support Partnership (a partnership between The
Resource Centre and WHSCT) and 4RS Recycling C.l.C., a recycling and training company, in m¢eting its aims and
objectives.
Objectives aDd activities
Charitable objects andpublic interest
The principal objective of the charitable company is to operate a day centre for the benefit of the public. The charitable
ompany was established to provide public benefit by undertaking voluntary work in education. social services and
similar activities.
The aims of the organi5ation aTe :.
l. To provide an effective and efficient range of Servic￿ that meet the needs of the patrons of the centre, particularly th
elderly, people with disabilities, long tenn unemployed, those caught in the cost of living crisis and lone parents:
2. To provide employment and volunteering opportunities, which helps to regenerate the area economically and enhances
s¢lf confidence: and
3. To act &$ both vehicle and stimulus for community enterprise,
Phge 4

THE RESOURCE CENTRE DERRY
(A company limited by guarantee)
Trustees, Annual Report (Incorporating The Strategic Report)
for the year ended 31 March 2025
To achieve this objective The R¢50urce Centre Dery provides daycare facilities, counselling, advice and information
services, educational ¢OUTses, training facilities, meals on wheels, a community shop and cafe togeth¢r with iransport
services and a social centre for the conununity. The general public, male and femal¢, young and old have access to a
wide range of facilities, advice and inforn]ation.
Pvblic bellefit
How our acfivities deliver pzlblic benefit
Our main activities are set out below. All our charithble activities are undertaken to further our aims of providing public
benefit. The Trustees have given careful consideration to the Charity Commission for Northern Ireland's guidance in
relation to the public benefit statement to ensure that its activities have h¢lped to achieve the purpose of the Resource
Centr¢ and provide a benefit to the patrons.
Day cen¢re and relaledfacilities
The main objective of the charity is the provision of a social centre. RCD operates the centre with the support and
nding from The Western Health and Social Care Trust. The patrons, including those with dementia and complex needs,
are offered a safe and stimulating environm¢nt, social inclusion thereby improving mental health and a range of activities
promoting independence and well being. Patrons at the centre are offered a varied and balanced diet with alternatives for
those with special dietary requirements. The centre also operates a self-referral service so that members of the
community can avail of Daycare without the requirement of a WHSCT referral. In addition, the Carers support service
offers respite and additional support for family and relatives who work as full time carers. The Cenlre wntinuously
provides a valuable social arnenity to the area and uses local volunteers in all asp¢cts of its daily business.
Funding from the Departtnent for Communities ensures employment for three drivers, who transport the palrons to and
from the Centre and for a care manager, who looks after their needs whilst at the Centre. The Cenlre management also
provides transport for excursions and day trip5.
The Community Cafe - Brew and Banler
The community cafe was r¢￿rbished and renamed during the year. The objective of the community cafe is to make
h¢alihy, sustainable food, affordable and accessible to everyon¢, reducing food poverty, whilst also promoting social
interaction and community awareness. With the current cost of living crisis, the cafe relies on Fareshare/local busine55e5
for food donations ensuring costs are kept to a minimum.
Advice services
The centre, with fiu)ding from Derry City & strabane District Council, provides a free and confidential counselling and
advice service on issues such as welfare benefits (PIP, ESA, state pension, attendance allowance, universal credit),
housing, employment and workplace issues and availability of various benefits. Liaising with statutory and voluntary
agencies including social workers & health visitors, the service helps to ensure positive outcomes for clients) promoting
financial independence, boosting the local economy and helps to change peoples lives for the better.
Meals on wheels
The centre, through the Western Health and Social Care Trust and funding from National Lottery Conllnunity Fund,
provides meals accross the locality, including increasing delivery area to incorporate the Waterside, ensuring that the
most vulnerable within our society are provid¢d with the necessary nutritional support to protect them against food
insecwity. Meals are clearly labelled with specific dietary requirements ensuring the well-being of the service users.Th¢
Meals on wheels drivers provide an important social contact and also monitor user's wellbeing, health and safety. To
maintain the meals on wheels service funding from the National Lottery ensures employment for two drivers and a chef.
Page 5

THE RESOURCE CENTRE DERRY
(A company limited by guarantee)
Trustees, Annual Report (Incorporatiog The Strategic Report)
for the year ended 31 March 2025
oiher services
RCD operates a community shop where donated goods from the public are recycled and the shop acts as a S￿la7 hub
for the community. In the current challenging cost of living crisis additional services hav¢ been provided such as
distribution of food parcels, provision of food hampers vouchers and the sale of reasonably priced furniture, clothing and
toys.
The RCD building and St Brigids Hall provides low cost rental and catering facilities for the community and is used by
a vari¢ty of gr()ups such as Gamblers Anonymous, Suresfart and Community Drama & Choir groups.
Little Amigos
The centre also provides an after school playgroup to enhance and further the development of children in the locality.
General
The Resource Centre has successfiully operaTrd in the area for fifty years. It has continuously generated income from its
own fundraising and from supporting other initiatives such as 4Rs Recycling and Surestart. It continues to provide
employment for the area and is a focal point of the community in Carnhill. In these difficult times, the Resource Centre
Derry continues to provide an invaluable service to the local community.
The trustees believe they are therefore meeting the public benefit test by increasing the accessibility of the centre to
everyone in the locality from the young to the elderly and all patrons of the centre by provision of the facilities and
services outlined.
Acbievements and Performance
During the year the principal objective of providing public benefit was advanced by the provision of a day centre and
ancillary activities for the locality. Capacity and s¢rvices have returned to pre-covid levels and RCD continues to
provide in-house and extemal services. Meals on wheels has expanded its geographical region and the daycare service
has increas¢d to cover private referrals with the possibl¢ future expansion to cover evenings and weekends.
Specific achievements during the year included provision of facilities for children using the Little Amigos after school
programme and childrenlparents places provided via the various Surestart programmes. There were 59 different daycare
patrons during the year, benefjtting from the RCD facilities.The meals on wheels service catered for 237 different users,
delivering 21,314 hot meals to vulnerable persons. Meals on wheels delivery locations now extends as far as New
Buildings & Eglinton. The Resource Centre also distributed food & meat vouchers & hampers and enabled 55 food bank
referrals. The Welfar¢ Rights service had 2,125 clients and have recouped £1,041,963 for clients who have availed of
their services.
Financial review
The Resource Cenlre, similar to other charitable organisations, are experiencing an increase in running costs and it is
essential that we wntinuously monitor expenditure and operafr economically whilst maintaining an efficient and
effective service and where possible reduce reliance on public ￿ndIllg. Income for the year was £897,142 (2024
£742,079). Expenditure for the year was £889,161 (2024 £771,076) an increase of £1 18,085. A detailed analysis of
income and expenditure is provided in notes 2 to 7 of the financial statements. The resulting surplus at 31 March was
£7,981 (2024 - deficit £28,997). Net assets at the balance sheet date were £1,031,510 (2024 £1,023,529). The tn￿teeS
are satisfied with the perforniance and results of the charitable company during the year.
Annual funding for core services provided by the Resource Centre from Western Health & Social Care Trust, the
Department for Communities, National Lottery - Community Fund and Derry City & Strabane District Council continues
to be vital to the operation of the facility.
Page 6

THE RESOURCE CENTRE DERRY
(A company limited by guarantee)
Trustees, Annual Report (Ineorporating The Strategic Report)
for the year ended 31 March 2025
Reserves
The Trustees have examined the charity's requirements for reserves taking into account the risks that the Trust has
recognised. This policy ensures that the Resouce Centre could continue during periods of unforeseen difficulty and
investments are easily acoessable. The reserve requirement is estimated to be at least six months of ¢xpenditure.
Currently annual revenue expenditure of the Resource Centre is approximately £890,000 equating to monthly
expenditure of approximately £74,167, Unrestricted reserves at 31 March 2025 were £538,417.
Restricted reserves at the balance sheet dat¢ amount to £493.093 and have arisen principally as a result of the renovation
of St.Brigids Parish Centre and the refurbishment of the RCD building.
Investments and Anvestment policy
The Memorandum and Articles of Association authorises the Trustees to make investments. Balance sheet investments
represent low risk bank deposits.
Principal funding sources:
The princlpal ￿ndIllg sources of the Centre during the year includes
Western Health & Social Care Trust - funding for the operation of the Day Centre, Meals on Whe¢ls service, Carers
Support Service and Little Amigos after school cr¢ch¢'
- Derry City & Strabane District Council - Inforniation & advic¢ ￿rVice.
- Department for Communities - funding for transport worker wages & senior manager wages '
- National Lottery - Communities fijnd - funding to support the Meals on Wheels Service.
The provision of existing services and facilities and continued employment opportunities is dependent on the continued
support of the funders Outlined above,
Plans for future periods
The trustees are satisfied with the performance of the charitable company during these difficult times. The future aims
for The Resource Centre are,.
- to sustain, improve and expand the activities above, including the further promotion of evening and weekend daycare.
maintain the financial viability of the Centre.
ensure the Resource Centre is acressible to everyone, promoting a sense of belonging and creating an inclusive CUl￿re.
secure additional funding for new projects.
to cfroperate with other bodies to develope programmes and provide additional facilities and services
further expand and develope the RCD building that will increase our range and capacity of services provided for our
patrons.
Statement as to dlsclosure of informatlon to auditors
We, the trustees of the charitable company, who held offic¢ at the date of approval of these fLnancial statements, ¢ach
confirn], as far as we are aware, that .'
there is no relevant audit inforn]ation of which the charitable companys auditors are unaware. and
we have taken all the steps that we ought to have taken as trustees in order to make ourselves aware of any relevant
audit information and to establish that th¢ charitable company's auditors ar¢ aware of that infonnation.
Page 7

THE RESOURCE CENTRE DERRY
(A company limited by guarantee)
Trustees, Annual Report (Incorporating The Strategic Report)
for the year ended 31 March 2025
ststement of trustees, responsibilities
The trustees (who are also directors of The Resource Centre Deny for the purposes of company law) are responsible for
preparing the annual report and the financial statements in accordance with applicable law and United Kingdom
Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare fjnancial statements for each financial year which give a true and fair view
of the state of affairs of the charitable company and of the incoming resources and application of resources, including the
income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees
are required to..
select suitable a¢counting policies and then apply them consistently*
observe the methods and principles in the Charities SORP 2019 (FRS 102).
n￿k¢ judgements and estimates that are reasonable and pwd¢nt'
state whether applicable UK accounting standards have be¢n followed subject to any material 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 operation.
The trustees are T¢sponsible for keeping adequate accounting records which disclose with reasonable accuracy at any
time the financial position of th¢ charity and which enable them to ensure that the financial statements comply with the
Companies Act 2006. Th¢y 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.
The trustees wish to express there sincere thanks to staff, funders and volunteers for their dedication, which has enabled
the Resource Centre to continue to remain open and to provide the services to the Community when they were most
needed.
Auditors
A resolution proposing that McDaid Mccullou￿) Moore be reappointed as auditors of the charity will be put to the
Annual General Meeting.
Small compally provisiolls
This report has been prepared taking advantage of the small compani¢s' exemption of section 415A of the Companies
Act 2006.
This report was approved and authorised for issue by the Trustees on 9 July 2025 and signed below on its behalf.
uiiin
Truslee
Page 8

THE RESOURCE CENTRE DERRY
(A company limited by guarantee)
Independent auditors, report to the members of
THE RESOURCE CENTRE DERRY
We have audited the charitable Company fuwicial statements of THE RESOURCE CENTRE DERRY for the year ended
3 1 March 2025 which comprise the statement of financial activities, the charitable company statement of financial
position, the statement of Cash flows and notes to the finanicial statements, including a summary of significant
accounting polici¢s, The financial reporting framework that has been applied in their preparation 15 applicable law and
United Kingdom Accounting standards, including FRS 102 The Financial Reporting Standard applicable in the UK and
Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
-give a true and fair view of the state of the charitable company's affairs as at 31 March 2025, and of its incoming
resources and application of resources, including ils income and expenditure, for the year then ended,.
-have been properly prepared in accordance with Unit¢d Kingdom Generally Accepted Accounting Practice. and
-have been preparcd in accordance with th¢ requirements of th¢ Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable law.
Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the
financial statements section of our report. We are independent of the charitable company in accordance with the ethical
requirements that are relevant to ow audit of the financial statements in the UK, including the FRC'S Ethical Standard,
and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit
evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to golng Concern
In auditing the financial statements, we have concluded that the Trustees use of the going concern basis of accounting in
the preparation of the financial statements is appropriate.
Based on the work we have perfonned, we have not identified any material uncertainties relating to ¢vents or conditions
that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a
period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the Trustees with respect to going concern are descrlbed in the relevent
S￿tionS of this report.
Other Information
The trustees are responsible for the other inforniation. The other inforniation comprises the information included in the
trustees, annual report, other than the financial statements and our auditor's report thereon, Our opinion on the financial
statements does not cover the other inforniation and, except to the extent otherwise explicitly stated in our report, we do
not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other infonnation and, in doing
so, consider whether the other inforniation is materially inconsistent with the financial statements or our knowledg¢
obtained in the audit or othenvise appears to be materially misstated. If we identify such material inconsistencies or
apparent material misstatements, we are required to determine whether there is a material misstatement in the financial
statements or a material misstatement of the other information. If, based on the work we have perfomied, we conclude
that th¢r¢ is a material misstatement of this other information, we are required to report that fact.
Page 9

THE RESOURCE CENTRE DERRY
(A eompany limited by guarantee)
We have nothing to report in this regard.
Oplllions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit..
-the inforniation given in the trustees, report (incorporating the directors, report) for the financial year for which the
financial statements are prepared is consistent with the financial statements. and
-the trustees, report has been prepared in accordance with applicable legal requirements.
Matters on wbich we are required to report by exceptioll
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to
report to you if, in our opinion..
-adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches
not visited by us. or
-the financial statements are not in agreement with the a¢¢ounting records and returns. or
-certain disclosures of trustees, remuneration specified by law are not made. or
-we have not received aIl the infonnation and explanations we r¢quire for our audiL
Responslbilities of trustees
As ¢xplained more ￿1]Y in the trustees, resporAsibilAties statement, the trustees (who are also the directors of the
charitable company for the purposes of company law) are responsible for the preparation of the financial statements and
for being satisfied that they give a true and fair view. and for such internal control as the trustees deterniine 15 necessary
to enable th¢ preparation of financial statements that are free from material misststement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for ass￿Sing the charitabl¢ company's ability to
continu¢ as a going concern, disclosing, as applicable, matters related to going concern and using the going concern
basis of accounting unless the trustees either intend to liquidate th¢ charitable company or to cease operations, or have no
re8listAc alternative but to do so.
Auditor's responsibilities for tbe audit of the financial statements
Our objectives are to obtain reasonable assurance about whether th¢ financial statements as a whole are free from
material misstatement, wh¢theT due to fraud or error, and to issue an auditor's report that includes our opinion.
Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS
(UK) will always detect a material misstatement when it exists. Missfatements can arise from fraud or error and are
considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic
decisions of users tsken on the basis of these financial statements.
Irregulariti¢s, including fraud, are instances of non-compliance with laws and regulations, We design procedur¢s in line
with responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The
risk of not detecting a material misstatement due t() fraud is higher than the risk of not detecting one resulting from error,
as fraud may involve deliberate conrealment by, for example, forgery or intentional misr¢pre5entations, or through
collusion. The extent to which our procedures are capable of detecting irregulariti¢s, including fraud, is d¢tail¢d below.
However, the primary responsibility for the prevention and detection of fraud rests with both those charged with
governance of the entity and management.
Page 10

THE RESOURCE CENTRE DERRY
(A Company limited by guarantee)
Based on our understanding of the company and the environment in which it operates, we identified that the principal
risk was that of non compliance with laws and regulations relating to small charitable companies and we considered the
extent to which non - compliance might have a material effect on the financial statements. We also considered laws and
regulations that have a direct impact on the preparation of the financial statements such as charities SORPS, the
Companies Act 2006 and income tax regulalions.
Our risk approach was as follows'.-
we ensured the audit partner and audit team had appropriate knowledge and competence to identify and recognise
non-compliance with applicable laws and regulations.
using our knowledge and experience of the sector we identified, through discussions with trustees and management,
laws and regulations applicable to the company>
we concentrated on legislation we considered to have a dlrect impact on the company financial statem¢nts, including
the reporting framework (FRS 102 in conforniity with the requirements of the Companies Act 2006), direct and indirect
taxation, health & safety and environmental legislation, data protection and employment law;
we obtained an understanding of how the company is complying with these frameworks through enquiries with
management and trustees as to the policies and procedures in these key areas and the controls in operation to reduce the
opportunity for fraudulent transactions.
We also identified potential risks relating to receipt of cash, posting of journal entries and audit procedures perfornied to
counteract this risk, included testing of material journal entries and discussions with management.
Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material
misstatements in the financial statements, even though we have properly planned and perfonned our audit in accordance
with auditing standards, For exarnple, the fijrther removed non-compliance with laws and regulations (irregularities) is
from the events and transactions reflected in the finan¢ial statements, the less likely the inherently limited procedures
required by auditing standards would identify it.
In addition, as with any audit, there remains a higher risk of non-detection of irregularities as these may involve
collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls, We are not responsible
for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations.
As part of an audit in accordance with ISAS (UK), we exercise professionaljudgement and maintain professional
scepticism throughout the audit. We also:
identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error,
design and perforni audit procedures responsive to those risks, and obtain audit evidence that is suffjcient and
appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from
fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions,
misrepresentations, or the override of internal control.
obtain an understanding of internal control relevant to the audit in order to design audit procedures that are
appropriate in the circumstance5, but not for the purpose of expressing an opinion of the effectiveness of the
companys internal control.
evaluate th¢ appropriateness of accounting policies used and the r￿SOnab1eness of accounting estimates and related
disclosures made by the director5.
Page 11

THE RESOURCE CENTRE DERRY
(A company limited by guarantee)
conclude on the appropi-iateness of the Trustees, use of the going concern basi5 of accounting and, based on the
audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast
significant doubt on the charitable companys ability to continue as a going Concern. If we conclude that a material
uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial
statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit
evidence obtained up to th¢ date of our auditor's report. However, ￿ture events or conditions may cause the
charitable company to cease to continue as a going concern.
evaluate the overall presentation, structure and content of the fmancial statements, including the disclosures, and
whether the financial statements represent the underlying transactions and events in a manner that achieves fair
presentation.
Use of our report
This report is made solely to the charitable company's members, &5 a body, in accordance with Chapter 3 of Part 16 of
the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable compaTh￿s trustees
those matters we are required to state to them in an auditors, report and for no other purpose. To the fullest extent
permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the
charitable CoMpan￿S trustees as a body> for our audit work, for this report, or for the opinions we have fonned.
Gerard Murray (Senior Statuto
Idllor)
For and behalf of McDald Mccullougb Moore
Chartered Accountants aDd
Stalutory Auditor
28132 Clarendon Street
Derry BT48 7HD
9 July 2025
Page 12

m rTh r4

THE RESOURCE CENTRE DERRY
(A Company limited by guarantee)
Company No. N1023358
Statement of financial position
as at 31 March 2025
2025
2024
Notes
Fixed assets
Tangible fixed assets
15
653,885
575,229
Current assets
Stock
Debtors
Bank and cash
16
17
1,561
40,970
391,994
1,250
70,271
424,823
434,525
496,344
Creditors: amounts falling
due withln one year
19
(56,900)
(48,044)
Net current assets
377.625
448,300
Net assets
1,031,510
1,023,529
Fullds
Unrestrlcted
Restricted
21
22-23
538,417
493,093
546,730
476,799
Tolal charity fuDds
1,031,510
1,023,529
The financial statements have been prepared in accordance with the provisions applicable to Companies subject to the
small companies, regime and in accordanoe with FRS102 "The Financial Reporting Standard applicable in the UK and
Republic of Ireland
The financial statements were approved and authorised by the board on 9 July 2025 and signed on its behalf by
M Qulnn
Trustee
J Doherty
Trustee
The notes on pages 16 to 28 form an integral part of these financial statements.
Page 14

THE RESOURCE CENTRE DERRY
(A company limited by guarantee)
Statement of cash flows
for the yeydr ended 31 March 2025
2025
2024
Notes
Cash flows from operating activities
Net incoming l (outgoing) resources for the year
7,981
(28,997)
Adjuslmenlsfor..
Interest receivable
Depreciation and impairnient etc.
(7.321)
52,292
(7,413)
31,493
Changes in."
Stocks
Trade and other debtors
Trade and other creditors
(311)
29,301
8,856
(718)
30.901
(44,047)
Cash generated from operatffiolls
90,798
(18,781)
Interest received
7,321
7,413
Net eash from operating actlvltles
98,119
(11,368)
Cash flows from investing aetlvltles
Net purchas¢ of tangible fjxed assets
15
(130,948)
Net increase in casb and casb equivalents
(32,829)
(11,368)
Net increase in cash easb equlvalents
Cash and cash equivalents at l Aprll 2024
{32,8?9)
424.823
(11,368)
436,191
18
Cash and cash equivalents at at 31 Marcb 2025
18
391.994
424,823
Page IS

THE RESOURCE CENTRE DERRY
(A company limited by guarantee)
Notes to the financial statements
for the year ended 31 March 2025
Accounting Polficies
l. l. Accounting conventlon and basis of preparation
The charity constitutes a public benefit entity as defmed by FRS 102. The Resource Centre Derry is a private
ompany limited by guarantee, registered in Northern Ireland. The address of the registered oifice is Racecourse
Road, Carnhill, D¢rry B T48 8BA.
The financial statements have been prepared vnder the historic cost convention and in compliance with and in
ac￿rdanCe with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 102) (issued October 2019) and the Companies Act 2006.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The financial statements have been prepared on a going concern basis as the trustees believe that no material
uncertainty exists. The trnstees have considered the level of ￿ndS held and the expected level of incom¢ and
expenditure for twelve months from authorising these financial statements.
The principal factors underlying this judgement are
- the continued support of principal fLmders' and
- cuffent financial perforniance.
Fund accountfing
The funds of the charilable company consist of restricted ￿ndS and unrestricted funds.
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of
th¢ general objectives of the charity and have not been designat¢d for other purposes.
Restricted funds are ￿ndS which are to be used in accordance with specific restrictions imposed by donors. The
aim and use of each restricted fund is set out in the notes to the financial statements.
1.3. Capltal funds
Capitsl fijnds are restricted ￿ndS retained for the benefit of the charity as a capital fund.
Page 16

THE RESOURCE CENTRE DERRY
(A company limited by guarantee)
Notes to the financial statements
for the year ended 31 March 2025
1.4. lll¢ome
Income is included in the slalement of financial activities when the charity is entitled to the income, any
perforniance conditions attached to the income have b¢en met and the amount can be quantifLed with reasonable
accuracy. Income is included in the financial statements inclusive of value added taxation. The following specific
policies are applied to particular categories of income:
Capital grants are recognised in the year in which they are r¢ceivable and treated as resticted ￿ndS with
depreciation on the relevent asset charged directly to the restricted fund in the statement of financial activities.
Revenue grants are recognised as income when receivable.
Income from fundraising trading activities is recognised when the services have been provided.
Income from investments is recognised when receivabl¢.
1.5. Expendlture
Expenditure is recognised on an a¢¢￿al5 basis as a liability is incurred. Expenditure is included in the financial
statements inclusive of value added taxation which cannot be recovered and is reported as part of the cxpenditure
to which it relates. Expenditure is split between restricted and ullrestricted expenditure. Unrestricted expenditure
relate to the management and general administration of the charity and restricted expenditure is as set out in the
letters of offer.
Expenditure on fundraising trading activities are costs incurred in operating the social centre and community
shop.
R¢dundancylterniination payments are recognised when there is a legal obligation to make a payment, it is
probable that the settlement will be required and the amount of the obligation can be measured reliably.
Support costs are those costs incurred directly in support of ¢xpenditure on the objects of the charity and include
general management and administration costs and depreciation, Overhead support costs are apportioned on an
income basis to projects.
1.6. Donated goods ond services
The value of services provided free by volunteers and goods donated are not included in the financial statements.
Volunteers provide services in all areas of the C¢ntre operations including delivering Meals on Wheels and
Daycare.
Page 17

THE RESOURCE CENTRE DERRY
(A company limited by guarantee)
Notes to the fiDan¢iYdl statements
for the year ended 31 March 2025
1.7. Tangible fixed assets and depreclation
Tangible fixed assets with a life expectancy of greater than one year, are stated initially at cost and subsequently
at cost less accumulated depreciation and impairment losses.
Depreciation is provided at rates calculated to write off the cost or valuation less residual value of each asset over
its expected useful life, as follows:
Buildings
Plant and ma¢hinery
Fixtures, fittings and equipment
Motor vehicles
20/0 - 200/0 Straight line
10 % straight line
250/0 Straight line
200/0 straight line
Land is not depreciated.
1.8. Impairment of assets
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 carying value exceeds the recoverable amount, the asset is
impaired accordingly. Prior impairnients are reviewed for possible reversal at each reporting date.
1.9. Stock
Stock is valued at the lower of cost and net realisable value on a first in first out basis. Net r¢alisable value is
based on actual or estimated selling price less further costs expected to be incurred to completion and disposal.
1.10. Defined contributfion pension sehemes
The p¢nsion costs charged in the financial statements represent contributions to a defined contribution scheme.
The assets of the scheme are held separately from the charitable company.
The amounts charged to th¢ Statement of Financial Activities represents contributions payable by the charity
during the year.
1.1 l. Debtors and credltors receivablelpayable within one year
Debtors & prepayments are rewgnised at the settl¢ment amount due after any trade discount.
Creditors are recognised where the charity has a present obligation resulting from a past event that will result in a
payment to a third party and the amount can be reliably ¢stimated.
1.12. Fillallelal instruments
A financial asset or liability is r¢cognised only when the company becomes a party to the contractual provisions
of the arrangement.
1.13. Judgemellts and key sources of uncertainty
In applying company accounting policies, the Trustees are required to make judgements and estimates on an
ongoing basis about the carrying value of company assets and liabilities. If revision is required, the revision is
recognised in that period together with ￿tUre periods if necessary.
The depreciation charge in respect of tangible fixed ass¢ts is based on the estimated useful life of each group of
assets. Revision of estimated useful life of each grouping will affect the estimates charged in the Statement of
Financial Activities.
Page 18

THE RESOURCE CENTRE DERRY
(A Company limited by guarantee)
Not￿ to the financial statements
for the year ended 31 March 2025
Donations
Unrestrlcted
fund$
2025
Total
2024
Total
Donations
3,218
3,218
3,900
3,218
3,218
3,900
Other fundraising actlvities
Unrestrlcted
funds
2025
Totsl
2024
Total
Income from.,
Sur¢start
Other
Social centre
Rent
69,497
122,463
173.356
7,555
69,497
122,463
173,356
7,555
61.748
131,903
101),673
10,411
372,871
372,871
304,735
Income from inve8tmeDts
Unrestrlcted
funds
2025
Total
2024
Total
Bank interest r¢ceivable
7,321
7,321
7.413
7,321
7,321
7,413
Page 19

THE RESOURCE CENTRE DERRY
(A company limited by guarantee)
Notes to the finaneial statements
for the year ended 31 March 2025
Income from eharitable activities
Restrieted
funds
CApllal
funds
2025
Total
2024
Tolal
WHSCT- Carers 5UPPOrt
Derry City & Strabane D. C- Advice Services
WHSCT - Daycare
Dept. for Communities - Drivers
Dept. for Communiti¢s - Senior managers
WHSCT - Meals on wheels
WHSCT- Little Amigos
National Lottery - Community fund
Other restricted grants
16,929
111,629
107,866
52,467
34,317
10,348
33,035
89,400
19.X6()
16.929
111,629
107.866
52.467
34,317
10,3411
33,035
126,220
20,921
15,574
114,920
99,233
44,770
34,411
12,511
28,9117
69,80.fj
5,820
.16,8?0
475.1160
37,872
513,732
426,031
Expendlture on lundrabiDg activltfies
Unrestricted
funds
2025
Total
2024
Tolal
Costs for:
Social centre
Community shop
185,657
74,374
185,657
74,374
117,906
36,969
260,031
260,031
154,875
Costs of charitable aetivities - by fund
Capltal
Unrestricted Restricted Restricted
funds
funds
funds
2025
Tolal
2024
Totsl
WHSCT Day Centre/Meals on wheels
15.013
Dept. for Communities - Drivers
6.663
Dery City CounciVAdvice NI - Advice Services 14,176
WHSCT- Caiers support
2,150
Dept. for Communities-senior manager
4,358
WHSCT - Little Amigos
National Lottery- Community fund
Other
118.214
51,880
111,629
16,928
34.317
27,650
119.401
19,868
133,227
58,543
125,805
19,078
38.675
27,650
105,430
120,722
134,924
51,965
133.482
19,987
39,941
29,020
81,022
12.S,860
16,029
73,303
27,551
131,692
469,887
27,551
629,130
616,201
Page 20

THE RESOURCE CENTRE DERRY
(A company limited by guarantee)
Notes to the finallcial statements
for the year ended 31 March 2025
Alldltors, remuneration
2025
2024
Auditors, remuneration - audit of the financial statements
6,300
6.200
Auditors, remuneration - other f¢es".
Non audit services
2,676
2.368
Anatysis of supp0rt1adminis￿ti0ll costs
2025
2024
Staff costs
Rates. h¢at & light
Repairs and maintenance
Insurance
Motor and travelling costs
Auditors, remuneration (Gov¢rnance cost)
Legal and professional fees (Governance cost)
General expenses
Telephone
Printing,postage,stationery & advertising
Depreciation and impaimient etc
Bank charges
9,401
5,400
13,099
3,000
598
6,300
2,476
2,745
4,464
4,197
52,292
1,999
39,092
5,500
4,459
2,967
6,200
6,941
1,528
3,692
4,272
31,493
2,067
105,971
108.211
Allocation of sUPPOrt costs to projeets
Daycaielsocial centre
Welfare rights
Community fund
Carers support
Drivers
Manager
Shop donations
Oth¢r
37.122
14,176
16,029
2,150
6,663
4,358
11,764
13,709
34,937
18,468
11,217
2,503
7,194
5,530
13,173
15,189
105,971
108,211
Page 21

THE RESOURCE CENTRE DERRY
(A company limited by guarantee)
Notes to the financial statements
for the year ended 31 March 2025
10.
Net incoming resources for the year
2025
2024
Depreciation
52,292
31,493
11.
Employees
Employment costs
2025
2024
Wages and salaries
Employers national insuran¢e
Pension costs
565,432
37,809
12,543
518,365
31,368
12,275
615.784
56?,008
No employee received emoluments of more than £60,000 (2024 . None).
Number of employees
The average monthly nurnbers of employees during th¢ year, calculated on the basis of ￿11 time equivalents, was
as follows:
2025
Number
2024
Number
Project related wages
Administrative wages
24
24
29
29
Employee status
Full tim¢
Part time
14
15
13
16
29
29
Trustees expenses & remuneration
The trustees were not paid during the year for their services.
The trustees were not paid or reimbursed for expenses during the year.
12.
Key management personnel remuneration
The key nwiagem¢nt personnel of the company are list¢d on page 2. Total Temun¢ration for the year ended 31
March 2025 of key management personnel was £153,785 (31 Mawh 2024 , £151,003).
Page 22

THE RESOURCE CENTRE DERRY
(A compally limited by guarantee)
Notes to the finaneial statements
for the year ended 31 Mareb 2025
13.
PeDSiOn costs
The company operates a defined contribution pension scheme in respect of its employees. The scheme and its
assets are held by independent managers. The pension charge represents contributions due from the company and
amounted to
21125
2024
Pension charge
12,543
12,275
14.
Taxation
The Resource Centre Derry is a charitable company for tax purposes and is exempt from corporation tax on its
haritable activities. Accordingly, ther¢ is no taxation charge in thes¢ accounts.
Freehold
land and
buildings
Flxtures,
rittings and
equlpment
15.
Tangible fueql assets
Plthnt
machinery
Motor
vehicles
Total
Cost
At l April 2024
Additions
Disposals
At 31 March 2025
892,161
37,409
23,274
178,421
39,557
80,564
53,982
1,174,420
130,()48
929,570
23,274
217,978
134,$46
1,311.5,168
Depreciation
At l April 2024
Charge for the year
346,415
19,06
23,274
177,649
10,616
51,853
22,608
599,191
52.292
At 31 March 2025
36.S,483
23,274
188,265
74,461
651,483
Net book values
At 31 March 2025
564,087
29,713
653,885
At 31 March 2024
545,746
772
28,711
575,229
Depreciabl¢ assets included in land and buildings at 31 March 2025 was £917,570.
16.
Stock8
2025
2024
Stocks
1,561
1,250
Page 23

THE RESOURCE CENTRE DERRY
(A company limited by guarantee)
Notes to the financial statements
for the year ended 31 March 2025
17.
Debtors
2025
2024
Grant debtors
Trad¢ debtors
Other debtors and prepayments
1,500
13,502
25,968
35,086
17,247
17,938
40,970
70,271
18.
Casb and cash equivalents
2025
2024
Cash at bank and in hand
391,9()4
424,823
Cash and cash equivalents comprise cash at bank and in hand and cash on short term deposit.
19.
Creditors: amounts falling due
witbin one year
2025
2024
Trade creditors & accrua15
Taxes and social security creditors
53,269
3,631
42,339
5,705
56,900
48,044
20.
Analysis of net assets between funds
Unrestricted
funds
Restricted Restrlcted
income funds capital funds
Total
funds
Fund balances at 31 March 2025 as represented by:
Tangible fixed assets
Current assets
CurTent liabilities
170,645
424,672
(56,900)
483,240
653,885
434,.525
(56,900)
9,853
538,417
9.853
483,240
1,031,510
Page 24

THE RESOURCE CENTRE DERRY
(A Company limlted by guarantee)
Notes to the financial statements
for the year ended 31 March 2025
21.
Unrestrleted funds
01 April
2U24
Income Expendfiture
31 Mmrcli
2025
General Reserve
546.730
383,410
(391,723)
538,417
Purposes of vnrn4tricted funds
Unrestricted funds are funds that are utilize41 at thc discretion of the trustees in filltherance of the objects of the
¢harity. tncluded in unrestricted fi]nds are donations, income from rent and management, social centre and
community shop income, investment income and sundry one off unrestricted grants.
Page 25

THE RESOURCE CENTRE DERRY
(A company limited by guarantee)
Notes to the financial statements
for the year ended 31 March 2025
22.
Restricted illeome funds
01 April
2024
Ineome Expenditure
31 March
2025
WHSCT - Little Amigos
National Lottery - Community fund
WHSCT-Daycare
DC&SDC
WHSCT - Carers support
Dept. for Communities
WHSCT - Meals on wheels
Other restricted grants
3,880
33,035
89.400
107,866
111,629
16,929
116.7114
10,348
19,869
(27,650)
{89,400)
(107,866)
(111,629)
(16,929)
{86.IC)C))
(10.348)
(19,869)
9,265
588
3,8110
475.860
(469,887)
9,853
Purposes of restrleted funds
The aim ot the Little Amigos programme is to provide an after school playgroup.
Income from the Community fund, both operating income and capital, is provided for the the running of the Meals and
Wheels Service.
Income from Western Health and Social Care Trust helps provides a ￿llY regulated daycare facility at the ¢entre. The
qualified staff provide a range of services for those with dementia, physical and health issues. This service facilitates
independent living and helps ¢ase pressure on Carers.
Income from Dery City & Straban¢ District Council are utilised to provide the welfare rights inforniation and tribunal
advice service. Advice is provided on social security and housing benefits, employment rights and other issues as they
arise such as reforms to the welfare rlghts system.
The aim of the WHSCT Sitting Service fund is to facilitate the provision of a respite service at home for carers in the
community.
Income from the Departm¢nt for Communities ￿ftds salaries for a senior manager and three transport drivers who provide
deliveries for all centre users including Meals on Wheels, Community Shop deliveries and day trips. The Department also
provided a cost of living crisis grant during the year.
The aim of the meals on wheels program is to provide hot nutritional meals to those in need or giv¢ respite to those
caring for loved ones who Cannot travel to the centre at Carnhill. The service ensures a friendly face visits daily and helps
reduce the isolation of the most vulnerable members of our society.
Other sundry restricted fvnds are received by the Resource Centre to be utilised for specific purposes as outlined in the
Letters of Off¢r.
Page 26

THE RESOURCE CENTRE DERRY
(A company limited by guarantee)
Notes to the financial statements
for the year ended 31 March 2025
23.
Restricted capltal funds
At
01 April
2024
At
31 March
2025
Ineome
Expenditure
Sundry restricted fvnd5
St Brigids Parish Hall renovation grant
Resource Centre refurbishment grant
Cornmunities ￿nd- Electric vehicles
77,915
291,269
83.640
20,095
7,290
(5,446)
(7,250)
(2,040)
(12,815)
79,759
284,019
81,600
37,862
30.582
472,919
37,872
(27,551)
483,240
Purposes of capital funds
Sundry restricted ￿lld5 represent income received from fimders for purchase of specific fixed assets to facilitate
the operations of the day centre. The fund balances are reduced by the amount of depreciation charged.
Income received from the Department for Communities represents grant income for the r¢novation of St Brigid5
Parish Hall. The fund balance is reduced by the amount of depreciation charged.
Income received from Northside Development Trust represents grant income for the renovation of the main RCD
building at Canthill. The fund balance is reduced by the amount of depreciation charged.
Income received from National Lottery - Community fund was for purchase of electric vehicles. The fund
balance is reduced by th¢ amount of depreciation charged.
24.
Analysis of changes in net funds
Opening
balance
Cash
flows
Closlng
balanee
Cash at bank and in hand
424,823
(32,829)
391,994
Net funds
424,823
(32,829)
391.994
25.
Contingent liabllitfies
Capital grants could be repayable in certain circumstances as laid out in the Letter of Offer.
Page 27

THE RESOURCE CENTRE DERRY
(A company limited by guarantee)
Notes to the financial statements
for the year ended 31 March 2025
26.
Related party transactions
Several trustees of The Resouwe Centre tkry are also directors of 4RS Recycling C.l.C. Net transactions with
4RS Recycling C.l.C during the year was £49,020 (2024 £46,149). At 31 March 2025 4RS Recycling C.I.C
owed the Resource Centre Derry £5,020 (2024 - £5,131),
Transactions with Shantallow Community Support Partnership. a partnership between The Resource Centre Derry
and WHSCT during the year was £69,497 {2024 - £61,784). At the balance sheet date Shantallow Community
Support Partnership owed The Resource Centre £1,316 (2024 - £2,116).
Trustees Marian Quinn, Josephine Doherty and Helena Boyle are also directors of St. Bridgets Community Bingo
Limited. Transactions with St. Bridgets Community Bingo Limited during the year was £6,942 (2024 - £42). At
the balance sheet date £0 (2024 - £8,258) was owed to the Resour¢e Centre.
27.
Going concern
The financial statements have been prepared on a going concern basis as the trustees believe that no material
uncertainty exist. The trustees have ¢onsid¢r¢d the level of ￿ndS and the expected level of income and
expenditure for twelve months from authorising these financial statements.
28.
Company limited by guarantee
The company is limited by guarantee not having a share capital.
Every member of the company undertakes to contribute to the assets / liabilities of the company in ihe event of
the same being wound up while he/she is a member, or within one year after helshe ceases to be a member, for
payments of the debts and liabilities of the company contracted before helshe ceases to be a member, and of the
osts, charges and expenses of winding up and for the adjustment of the rights of the contributories amongst
themselves, such amount as maybe required not exceeding one pound.
Page 28