Company Regislration Number- N1024615 Charity Registration Numbgr- 105535 Dromore 2000 Ltd Report and Accounts 30 June 2023
Dromore 2000 Ltd Report and accounts for the year ended 30 June 2023 Contents Paga Charlty Inforniatlon Trustees. Annual Report Statement of diroctors. responslblllti08 Ind•pondont Accountant's Roport Funds Sfatements... statement of Flnancial Activit5 Statement of Financial Activities- Prlor Year statement ststetnenl of Ir)lal recognised gains and losses Movements in funds Revaluation reserves Revenue Funds Fixed Asset funds Income and Expenditure account Summary of funds 10 13 15 15 15 16 16 Balaneo shoot 17 Notes to the a¢¢ounts 19
Dromore 2000 Ltd Company Registrats"oFF Number- N1024615 Trustees. Annual Report for the year ended 30 June 2023 The Trustees present thr Rewrt and Accounts for the year ende(J 30 June 2023. whictt also comprises the Directors. Report required by the Companies Act 2006. Reference and administrative detai The charity name. The legal name ol the charity is Dromore 2000 Ltd. The charity'$ 47rnas operation and UK eharltable registratlon. The charty is rsgistered in Northern lfftland th the Charity Commission in Northem Ireland ICCNII with charity number 105535. The charty does not operate in any overseaslurisdws. Legal $tructur• of the chatlty The charity 45 consts"tuted as a company limited by guarantee, registered under the Companies Acts . Tk goveming document ol the charity is the Memorandurn and Arts'des of Asswiab"on establishing the company under company legislation. The goveming document is dated 20 September 2018 There are no restrictions in the governing documents on tho operation of the Charity or on its investment powers other than those imposed by Charity Law. y operation of law all, trustees are directors under the CompaniÈ5 Act 2006 and all directors are tru8tees under Charthes legislabon and have responsibilities, a8 8u¢h, under both company and charity legislats'on. The trustees are all individuals.
Dromore 2000 Ltd Company Registration Number- N1024615 Trustees, Annual Report for the year ended 30 Jung 2023 Tho principal operating addrèss, teltsphone number. email and web addres59s of th9 charity are:. 13 Main stet Drornore. Omagh Co Tyrone, BT78 3AE Telephone 02882898213 Email Address dfmont@btinlomet.com Web address villa9atabledromore.co.uk The registered offiTr ol the charity for Companies Act purposes is."- 32-34 Main Street Dromore. Omagh Co Tyrone, BT78 3AB Th• Trustees in oftieè on thè date thè rgport was approved wgrè:. Mark Colton Raymtsr Goodwin Philcmena Daly Charfes Bssil Kenwell Desmond McGlone Bernard Maguire Mary Mccoy Clairè McCu5kèr Kathleen McLaughlin Deimot Montague Ramsey Tumer The followlng persons servèd as Trustaes durlng thè year endèd 30 June 2023 -. The trustees who served as a trustee in ihe reporting pericmj, and, il applICae, their dates of appntsent or resignation duiing the year were.'- Nome Appointed Rèslgned/ReUred 2810312023 Noalle McAoon All the trustees are also members of ihe charity. Objects and activities of the charlty The purposes of the charity as set out in Its goveming document
Dromore 2000 Ltd Company Registrab'on Number- N1024615 Trustees. Annual Report for tho year ended 30 June 2023 The Company's objects are.. i. The relief of financial hardships. To increase employmei opportunib'es in the town of Dromore and its natural hinleAand by the active parb'cipalion of the company in job creation and in slimulalion, promotion and ¢realion of a favourable environment for the adv8ncemenl of education, additional job opportunities and new enterprises in the area. ii. To promote the benefit of the inhabitsnts of the area without distinction of sex or of political, religious or other opinions by assoeiats'ng governmental agencies, the local authority, voluntary organisations, trade unions, employers, professions and the inhabitants of tho area in a common effort to advance and Create and provide facilities for the gmploymenl and training of the said inhabitants in the interest of social welfare with the object of improving their condib'ons of life. iii. To assist financially or olhetwise by means of loans, with or without interest, on such terms as to repayment, security or otherwise as are deemed appropriate or by way of grant, any individual, company, firm, undertaking, partnership or cooperative or other group estsblishing or seeking to establish a new business or enterprise or to expand an existing business or enterprise within the area which will create employment opportunities. iv. To ovjanise the availability from supporters of the company of human resources capable of giving expert adviee and practical assistan and material resources in the form of buildings, land, waste materials, unulilised research plant or machinery required to enable or assist any such individual, company. firm undertaking, partnership, cooperative or other group to establish a new business or enterprise or lo expand an existing business or enterprise within the district and to make such advice or assistan* available on a voluntary or financially assisted basis as shall be considered appropriate. v. To promote, encourage, sponsor, organise and assist any individual, company, fim, undertaking, partnership, co-operative or other group lo examine the feasibility of or lo untjertake on an experimental basis any enterprise or project or lo undertake the training required to launch any enterprise or project which if successful, seems likely lo provide employment opportunities for the inhabitants of the area. vi. The maintenance, improvement or promsion of public amenities. vii. The preservation of buildings or siles of historic or archileclural interest. viii. The provision of re¢realional facilities for the public regardless of their youth, age, infirmity or disablement, financial hardship or other circLtmstsnces. ix. The protection of the environment. x. The promotion of public childcaTe and health facilities. Thg main activitias undertaken in relation to those purposes during the year The charity organised the Christmas lighting for the town. Dromore 2000 Ltd rent their bullding lo Western Health & Social Services Trust who run a day tsnlre for individuals with learning dis#biif(ies. The organisalion prgvides advi and encourage the r8generation of the local existing businesses in the town. The or9anisalion gives relief of financial hardships, increases employment opportunib'es through participation in job creation, stimulation and promotion with new enterprises in the area. Promotes the benefit of the inhabitants of the area by creating and providing facilities for their employment and training. The organisalion carries out maintenance, improvement or provision of public amenities and will preserve buildings or siles of historic or architectural interest. Provision of recreational facilities for the public regardless of their age, infirmity or disablement, financial hardship or other clreum81ans. Promote public, childcere, and health facilities. The charity also provides a hot-desk service known as the Village Table offering an office spacè for local businesses and other entities which do not otherwise have access lo office facilities. The main activities undertaken during the year to lurther the charitys purpose for tho public benefit
Drornore 2000 Ltd Company Registration Number- N1024615 Trustees, Annual Report for the year ended 30 June 2023 During the year the charity continued its recentty opened service known as The Village Table. This facility provides hol-desk seNices to local businesses. The annual Christmas Lights event wa5 again a sUc$S attracting a large amount of people lo the town for the switch on. The day centre for local people with leaming disabilities continued lo be operated from the building we rent to the WHSCT. The trustee8 have had regard to thè Charity Commission's guidance on public berfit in managing the ath"vities tsf the charity. The main achievements and perfonnance of the charity durfng the year During the year to 30 June 2023, the charity held its annual Christmas Lights event in Dember 2022, with costs being covered by a contribution from the local council and town trader donations. Whilst this event does not generate a surplus, such events are important in creatin9 and enhancing community spirit. The recently opened Village Table has a steady stream of bookin9S throughout the year generating additonal income for the charity. The difference the charitys perfomiance durlng the year has made to the beneficiaries of the charity and wider soclety During the year, the charity continued lo operate its day centre for local people with leaming difficulties, as well as providing key social events for all local people. The Christmas Lights event brings a huge sense of communty to the town as well as being a key social event for elderly or other vulnerable individuals who lack independent transport to Omagh and Enniskillen (the closest large towns lo Dromore). The Village Table service was available for the full year and provided meeting facilities lo a wide range of local groups and businesses. Structure, govemance and management of the eharity The methods used to recruit and appoint new ¢harity trustees New trustees are Kjentrfied through word of mouth. They come from the local community and are very often well known lo existing members or trustees of the charity. Potential trustees are screened and appointed by 8 panel of trustees. An active r9cruitment process is not undertaken as the charity is ¢ompletely community-driven with its members and trustees all being from the Dromore area. Bankers Ulster Bank Ltd, 14 High Street, Omagh, Co. Tyrone BT7e 1BJ Mumaghan Colton, 3 John Street, Omagh, Go. Tyrone BT78 1 DW Rory P GOrmY & Co. Lid 37A Main Street, Dromore, Co. Tyrt)ne BT78 3AE Soliutors Accountants Financial review The charity's financial position at the end of the year ended 30 June 2023 Tho financial position of the charity at 30 June 2023 and comparatives for the prior period, 98 more fully detsiled in the accounts, can be $ummarised as follows...
Dromorè 2000 Ltd Company Registral'on Number- N1024615 Trustees, Annual Report for the year ended 30 June 2023 2023 2022 Net Income 70 7,212 Unrestricted Revenue Funds available for the general purposes of the charity Unrestricted revaluatiOTI reseNe rotal Unreslrl¢ied Fun(ts 46,918 49,383 165,948 212.866 165,948 215,331 Restricted Revenue Funds RestriGted Fixed Assst Funds Total Restricted Funds 20,681 28,860 49,541 18,146 28,860 47,006 Total Funds 262,407 262,337 Financial Trview of the posltlon at the reporting date, 30 June 2023 The trustees consider the fi'nancial perfom7ance by the charity during the year to hove been satisfactory. Specrfic change$ in fixed assets are dotsiled in the notes to the accounts. Policies on reserves As al the end of the financial year 30 June 2023 reseryes held by the company amount to £262,40712022, £262,337). This figure is n7ade up of a profit ancl loss reserve of £96,459 and revaluation reserve of £165,948. These reserves provide security that the company will remain functioning if funding were to decrease, enabling the annual events to cgnlinue with no detrimental impact on the area and local community. Dromore 2000 Ltd has not defined the level of reserves to be held, either as a minimum or a maximum, bul all surplus funds are reinvested back into the company and are held as described above for future projects and the future life of the ¢ompany. Availability and adequacy of assets of each of the funds The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund. Employment of disabled pery6ons The company is an equal opportunities employer and Wld welcom& any application by a person with a disakn"lty. At this b"me, there are no disabled persons employed by the company. Details of The Independent Examiner
Dromore 2000 Ltd Company Registration Nurnber- N1024615 Trustees. Annual Report for the year ended 30 June 2023 Rory Gomley Member of Institute of Finanual Accountants 37A Main Street Dromore Omagh Co Tyron8 BT78 3AE Statement of the Directors Trustees. Responsibilities The charitys trustees are responsible for the preparation of the accounts in a¢cordance with the temis of the Companies Act 2006. the Charities (Northem Ireland) Act 2008, as amended and The Charities (Accounts and Reports) Regulations (Northern Irèlandl 2015 In particular, the Companies Act 2006 and charity law require the Board of Trustees lo prepare financial statements for each financial year which give a true and fair view of the stale of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing Ih05e financial statements the Board is required lo :_ - prepare the accounts in accordan with United Kingdom Generally Aecepted Accountin9 Practice (United Kingdom Accounting Stsndards and applicable law). select sultable accounting policies and apply them consislenuy., make judgements and estimates that are reasonable and prudent., prepare the financial statements on the going concem basis unless il is inappropriate to presume that the charity will continue in business. stale whether applicable a¢¢ounling standards and statements of recommended practi have been followed, subject lo any material departures disclosed and explained in the financial statement5', The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the stste of affaiTS of the charlty and of the surplus or deficit of the charity for the year. The Trustees 8re also responsible for maintaining adequate ac¢ounting records which disclose with aSonable accuracy al any time the financial position of the ¢harity and which are sufficient to show and explain the charity's trdnsaclions and enable them to ensure that the financial statements comply with th& Companies Act 2006 and comply with regulations made under the Charities Act. 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. The Trustees are also responsible for the contents of the Trustees, report, and the statutory responsibility of the Independent Examiner in relation to the Trustees, report is limited to examining the report and ensuring that on the fa of the roport, ther8 are no material incon5iStencies with the figures disclosed in the financial ststements. Method of preparation of accounts - Small company provisions
Dromore 2000 Ltd Cornpzny Registr8tion Number- N1024615 Trustees, Annual Report for the year ended 30 June 2023 The financial statements are set out on pages 12 10 20. The financial stslemenls have been prepared implementing the FRS 102 SORP {Slatement of Recommended Practi for Accounting and Reporting by Chariliesl 2015, las amended by the Bulletin issued in October 2018 and applicab¢e to all accounting periods beginning on or after 151 January 2019), (The SORPI, and in accordance with the Financial Reporting Standard 102, (effective 1 st January 2016} These financial ststemenls have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable lo companies subject to the small companies regime. This POrt was approved by the board of trustees on 4 March 2024. DERMOT MONTAGU Director and Trustee
Dromore 2000 Ltd Report of the Independent Examiner to the Trustoes of the ¢haritable company on the accounts for the yearended 30 June 2023 I report to the Trustees on my examination of the financial statemènts of the charitable company on pages 12 to 20 for the year ended 30 June 2023 which have beén prepared in accx)rdance with the Charities INorthern Ireland) Act 2008. as amended ItrE Actl and with the Finanual Reporting Standard 102, (effective 1st January 20161 as modified by FRS 102 SORP Istatement of Recommended practi for Accounting and Reportlng by ChaiitiÈsl 2015, 18s amended by the Bulletin issued in October 2018 and applicable tr> all accounting periods beginning on or after 1st January 20191, (The SORPI, published by the Charity Commission in Northem Ireland ICCNII , and under the histtsrical cost convention and the accounb.ng poliryes set out on page 19. Respectlve responsibiliti•s of the Trustees and th& Ind¢pèndant Examlner and thè basls of the rgport As described on page 9, you, the ch8lltsble company's Trustees, who a also the Dire¢tors of the Company for the purposes of Cornpany law, are responsible lor the preparats.on of the financial statements in accordan with the Companie5 Act 2006, the Charities INorthern Irg18ndl Act 2008, as amended and all ()ther applic8ble law and wrth Unitecj Kingdom Generally Accepted A¢couniing Practi, applicable to smaller entities, and for being satisfied that the financial ststemenis give a true and fair wew. The Tiustees consider that the audit requirem&nt of 65121 of The Charities INorth&m Ireland) Aet 2008, gs amended (The Adl does not apply. and that ere is no requirement in the memorandum and artides of the charity for the Conducting of an audit, and that the account8 do not require an audit in accordan with Part 16 of th8 Companies Act 2006 and that no member or members have reouesled an audit pursuant to Section 476 of the Cornpanies Act 2006. As a consequence, the Trustees have elected that the financial statement5 be subject to independent examination. Having Satisfied myself that the financial statements are not rÈquired to be auditsd under any legal provision, or otherwise, and are digible frir independent examination, it is my resp(>nsibility to'.- al exarnine the financial statements of the charity under Section 65131 of the Act., bl follow the applicsble procedures in the Directions to Independent Examiners rnade by the Charity ommission in Northern Irel8nd and., cl slate whether particular matters have come to my attention. Basis of Indendant Examinèrfs Statement and scope of work undertakèn I wnducted my examination in accoidance with the Directions to Independent Examiners mad8 by the Charity Commission in Northern Ireland. seth.ng out the duties ol an independent examiner in relation to the conducting of an indepondent exarllinalion. An independent exarnination includss a review of the accounting records kept tjy the charitsbla company and of the accounting systems employed by charitable company and a comparison of the financial Statements pres8nted with those rectsrds. It also includes considerats.on of any unusual items or disdosures in the financial ststem&nts, and seeking explanations from you, as Trustees, conceming such matters. The purpose of ttie examingtion is to establish as far a5 possible that there have been no breaches of charity legislation and Ihst, on a test basis of evidence relevant to the amounts and disdtssures rnad8, the financial statsments comply with th6 SORP. The proTrdures undertaken do not provid8 all the evidence that would be required in an audit, and inft)trnation supplied by the Trustees in the course of the examination is not subjeded tts audit tests or enquiries and does not cover 811 the matters that an auditor would consider in arrivillg at an opinion. The planning and conduct of an audit goes beyond the limited assuran that an independent examination can provide Consequendy. I do not express an audit opinion on the view given by the financial statements, and in particular, I expfess no opinion as to whÈth6r the financial statements give a true and fair view of the affairs of the ¢harity, and my report is limitad to the matters set out in the ststement below.
Dromore 2000 Ltd I planned and performed my examination g) as to satisfy myself that the objects'v¢s of the independent ex8minats.on are achieved and beforo finalising the report l obtained Written assurances from the Trustees of all material matter5. Ind•ndent Examlngrfs StatèmenL Report and Oplnlon Subjèct to th8 limitations upon the scope of my work as detailed above, I have cornpletsd my examination.. and can corFfi'nn thal'.- The ac£ounls of this charitablé company are not requirgd to be audited under Part 16 tsf the Companies Act 2006., Th15 is a rèport in respect of an examination carried out under 65131 of the Act 8nd in accordancè with Dawtions to Independent Examiners mad6 by the Charity Ctsmmission in North8rn Iland which may be applicable., and that no material matters h8ve come to my attention in connaetion with the examination giving m8 cause to believe th81 in any material r&spect".- ac£tsunting records were not kept in respe¢t of the etharity as required by Section 386 of the Ctrmpanies Act 2006 and Seth"on 63 of The Charities INorthern Ireland) Act 2008, as amendèd., when preparing accounts on an accruals basis, tr) prepare financial ststement5 which 8ccord with the aUnting records and comply with the accounb.ng requirements ol the Act and the Regulstions setting out thg form and cont1 of charity accounts., have been prepared in accordance with the methods and principles sot out in the FRS 102 SORP (Statement of Rewmmended Practice for Acwunting and Reporting by charib.esl 2015, las amended by the Bulletin issued in Octob&r 2018 and applicablè to all accounting periods beginning on or after 1st January 20191, IThe SORPI. have been prepared in accordance with the methods and principles set out in the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, las amended by the Bulletyn issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 20191, (The SORPI. have not been rnet or lo which, in my opinion. attention should be drawn in my report in order to enable a proper understandillg of the accounts to be reached. Signed... Rory Gormle Independen xaminer Institute of Finanaal A¢countants 37A Main Street Dromore Ornagh Co Tyrone BT78 3AE This report was signed OTF 4 March 2024
Dromore 2000 Ltd - Ststement of Financial Activities for the year endefl 30 June 2023 Statement of Financial Activities (including the Income and Expenditure Account for the year ended 30 June 2023. as required by the Companies Act 2006) SORP Ref Currem ye8r Unr8strl¢tsd Fund5 Curront year Ro$trlcted Funds Currenty8ar Total Funds PTlorYar Totsl Funds 2023 2023 2923 2022 Income & Endowmènts from: Don8b"ons & Legacies Charitable acbvitie8 Investments A1 2,719 10,523 275 2,535 5.254 10,523 275 15,172 9,013 13 Total Income 13,517 2,S35 16.052 24.198 Expenditurè on". charita activities Other B2 7,497 8,485 7,497 6,541 10.445 Total expet7diture 15,982 15,982 16,986 Net in¢om• for tho year 12,4651 2,535 70 7,212 Net income aftar transfers A.B.C 12,4651 2.535 70 7,212 Net movement In fund¥ 12,4651 2,535 70 7.212 Rèconciliation of funds... Totsl funds brought forward 215,331 47,006 262,337 255.125 Total funds carrièd forward 212,866 49,541 262,407 262,337 The'SORP Ref Indated above is the dassification of income set out in the formal SORP documents. As requiTad by paragraph 4.60 01 the SORP. the brought forward and Carried forward fvnd$ above have been agrè6d to the Balance Sheet. A Slaternenl ofTotal Rewjniged G8ins and Losses 1$ induded as a primary stement in these alxounts. All adivf(ies derive from continuing operations The notes attached on pag9$ 19 to 20 fomi an integral part ol these accounts. 10
Dromore 2000 Ltd - Ststement of Financial Activities for the year ended 30 June 2023 Dromore 2000 Ltd - Analysis of prior year total funds, as requlred by paragraph 4.2 of the SORP 80RP Rof Unré3trlGtod Fund$ Prlor Year PriorY8ar Rè¥trfctsd Funds Prioryear Total FLrTrds 2022 2Q22 2022 In¢omg & Endowmènts from.. Donations & Legacies Charitable activities Other trading a¢tiMties Investments Othèr A1 1,660 9,013 13,512 15,172 9.013 13 13 Total income 10,686 13,512 24,198 Expendfture on.. Raising fijnds Charitable activities Other 83 Tax on suruS on ordinary activit B3 Other taxatitsn B3 B1 6,341 10,225 21X) 220 6.541 10.445 Total axpenditure 16,S66 420 16,986 Nel gains on investments Net income for the year 15,8801 13,092 7,212 Transfets betren funds Net Income aftar transfe 15,8801 13,092 7,212 Nat movemènt in funds 15,8801 13.092 7.212 Rèconclllation of fund8=. Totsl funds brought forward 221,411 33,714 255.125 Total funds carried foTrward 215.531 46.806 262,337 All activities derive from continulng opgrations A Statsment of Totsl Recognised Gains and Lossos 15 included in these accounts as a separ*e primary Statement
Dromore 2000 Ltd - Statement of Flnancial A¢tlvities for the year ended 30 June 2023 The notes attached on pages 19 to 20 form an integrAI part of these accounts. 12
Dromore 2000 Ltd - Statement of Financial Actlvities for the year ended 30 June 2023 Statoment of Total Recogni$ed Gains and Losses for the year ended 30 June 2023 2023 2022 Surplu8 for the year-_ Net excess of income ovw expenditure from operations before tax Realised gains on diswsals of social investsnents which are programme refated 70 14,3051 Income from operations beforo tsxin thè Statement of Fin8n¢lal Actlvltes 70 (4.3051 Add/(doducl) non income and expon¢fiturg items... Grants for the acquisition of fixed assets Net Movement In funds bèfore taxation 11,517 7.212 70 Funds g•nerated in the yèar as shown r>n Statement of Financlal Actlvlties 70 7,212 The notes attached on pages 19 to 20 form an Inttrgral part of these aGGounts. 13
Dromore 2000 Ltd - Ststement of Financial Activlties for the year ended 30 June 2023 Dromore 2000 Ltd - Resources applled in the year ended 30 June 2023 towards fixed assets for Charity use:. 2023 2022 Funds generated in the year as detailed in thé SOFA Resour¢és applied on functional fixed assets Other aptyrats.ons offvnds 70 7,212 112,3811 Net resources availablo to fund charitable activities TO 5,169 The resoue$ apled on fixed assets for ¢harity use represents Ihtr wsl of additions less proceeds of any disposals. Th8 notes attachad on pages 19 to 20 form an integral part of these a¢¢ounts. 14
Dromore 2000 Ltd - Statement of Financlal A¢tivlties for the year ended 30 June 2023 Movements in revenue and capltal funds for the year ended 30 June 2023 Revenue accumulated fund$ Unre$trl¢tsd Funds 202 R•sttf¢téd Funds 2023 Total Fund8 Lstyear Total Fund 2022 2023 Ae£umulated fvnds brought forward 49,383 18,146 67,529 60.317 Rnigl gains and losses before transfers 12,4651 2,535 70 7.212 46,918 20,681 67,599 67,529 Closing revonue funds 46,918 20.681 67,599 67,529 Fixed asset funds Deslgnated Fund¥ 2023 Rgstrlcted Funds 2023 Total Funds 2023 Last year Totsl Fund$ 2022 At 1 July 28,860 28,860 28,860 At 30 Jvnè 28,860 28,860 28,860 The putP08es of the transfers lo fixed asset funds are deribed in Note 18 b the accounts and urKler tha ac£ounting polry'AccoLJnb'ng for Capital grants and fixed asset funds.. Revaluation Reserve Fund Unrestrlcted Funds 2023 R•str4ct8d FuAd$ 2023 Total Funds 2023 La¥t ar Total Fund8 2022 At 1 July 165,948 185.948 165,948 At 30 Jun 165,948 165,948 165.946 Summary of funds Unrestrfcted and D881gnated lunds 2023 Rostrfcted Funds Total Funds La8tYear Total Pund$ 2023 2023 2022 Revenue accurnulatsd funds Fixed asset fvnds Revaluabon reserve fund 46,918 20,681 28,860 87,599 28.860 165,948 67,529 28,860 165,948 165,948 Total fund$ 212,866 49,541 262.407 262,337 The not&s attached on pages 19 to 20 form an integral part of thase account$. 15
Dromore 2000 Ltd - Statement of Financial Activities for the year ended 30 Jun6 2023 Dromore 2000 Ltd Income and Expenditure Account for the year ended 30 June 2023 as required by tho Companies Act 2006 2023 2022 In¢ome Income from operations 15,777 12,668 Investmént income Interest reTrivable 275 13 Gros$ Income in the y¢ar fOr• gxception•l Items 16,052 12,681 Gross Income in th+ ar In¢luding exc•ptlonal itern$ 16,052 12.681 Expenditsre Charitable expenditure, exduding depreciation and amorb"sation Depreuatitsn and amortisation Governance costs Other expendituie Realised losses on disposals of social inveth8nts which are programme related 5,782 1,515 200 8,485 4,717 1,624 200 10,445 Total expendlture in the year 15,982 16,986 Nat Incomo before tax In thg flnancial year 70 {4,3051 Tax on surplus on ordinary aciivikn'es Nèt Income aftèr tax In the flnancial y•ar 14,3051 Retalngd surplus for the financial year 70 4,3051 All activities derive from Continuing operations In accordan with the provi0$ of the Companies Act 2006. the headings and subheadinos used in the Income and Expenditure account have been adapted to refiect the speaal nature of the charitys acts"vities. The notes attached on pag9$ 19 to 20 fomi an intsgral part of these accounts. 16
Dromore 2000 Ltd - Balance Sheet as at 30 Jun• 2023 SORP Note Rgf 2023 2022 Flxèd assèts Tangible assets Investments held a5 fixed assets 53,315 150,000 54,830 150,000 9 A4 Totsl fixod atsets 203,315 204,830 Currgnt a95et$ Debtors Cash at bank arKI in hand 10 B2 833 2.259 59,143 61,344 Total Current as$ets 62,177 81,402 Creditors: amounts falllng due wlthin ong y•ar 11 C1 13,0851 13.8951 Net current assets 59,092 57,507 The totsl not assèts ofthe charlty 262.407 262.337 The total net assfrts of the Charlty are funded by the funds ol the charity, as follows:. Restrlcted fund$ Reslricled Revenue Fund5 Restricted Fixed Asset Funds 16 D2 20,681 28.860 18,146 28,860 16 D2 49,541 Unrèstrl¢tod Funds 47,006 Unrestricted Revenue Fun(Is Unrestricted Revaluation Resetve 16 D3 16 D4 46,918 165,948 49,383 165.948 212,866 D•$ignatod Funds 215,331 Total Charity funds 262.407 262.337 The 'SORP Ref indicated above is the classification of Balance Sheet items as sel out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought fotward and carried fomard funds above have been agreed lo the SOFA.. The diTector8 are satisfied that the company is enlilled lo exemption from the requirement lo obtain an audit under section 477 of the Companies Act 2006. The member3 have not requIrt the comparry to obtain an audit in accordance with section 476 01 the Act. The directors acknowiedge thelr responsibilities for comptying with the requirements of the Companies Act 2006 th respect lo accountirKJ records and the preparation of accounts. 17
Oromore 2000 Ltd- Balance Sheetas at 30 June 2023 The charity is subject lo Independent Examination under charty leglslalion, and the report of the Independent Examiner is on page 11. The financial statements have been prepared in accordance wth Ihe provisions in Part 1 S ol the Companies Act 2006. applicable to companies subject to the small companies regime. DERMOT MONTAGUE Trustee Approved by the board of Iru81ees on 4 Mafch 2024 The notes attached on paggs 19 to 20 forni an intogral part ol thgsa accounts. 18
Dromor• 2000 Ltd Notes to the Accounts for the year ended 30 June 2023 1 A¢¢ountlng pollciès PoliTcies relating to the pmductson of the accounts Basls of proparation and a¢counting convèntion The accounts have been prepared on the aualS basis, under the historical cost convention, and in accordance with the Finanrial Reporting Standard 102, (effective 1$1 January 20161 and 'FRS 102 SORP ISt&t¢ment of Recomrnended Practice for Accounting and Rewrting by Charities) 2015, las arrended by the Bulletin issued in oober 2018 and applicable to all accounts'ng periods beginning on or aftor 1st January 20191, (Thè SORPI, published by the Charity Commission in Northern Ireland ICCNII , effective January 2016, ¢harity'sjurisdiction of registraiion and in accordance wrth all applr¢able law in the Measurement and estiFnation- 011 incomÈ, expenses, assets and Iwbilibes are included at their monètary and invore amounts, with excepb.on ofdepr8ciation whith is induded based on estimated detailed in the fixed assets note beknw. Going Concem The charitable acbvilies are entirely dependent on continuing grant aid and voluntary donab'ons as wdl as trading revenues. As a consequence, the going concern basis is dependent on the future flow Of these Unrtain furmying strearns. With illcreasing rental income combined with substantial reserves, the Trustees are satisfied that, al the time ol approving the financial statements, it is appropriate to adopt the g(xng concern basis in preparing the financial statements. ottrr than these matters, the Truste8s are rK>t aware of any matèrial uncertainiles about the charity's ability to colltinue as a going concern. Rlsks and future assumptions The chaity is a putli¢ benefit entity. The main risk to the charity 15 the ctsnb.nued availability of income streams, the largest of which is the rentsl incomè reiVed from WHSCT. Publ spending has been cul in recent years however, as the Day Cgntre is the only one of its kind in the 8rea, fundin9 is expEoted to ttinUe to enable this vital service to survivÈ. Polleies relatlng to categories of income and Income recognition Nature of income Gross income represents the value. nel of value added tax 2nd discounts, of gcods provided to wstomers and work Caled out in respect of services provided to customers. Cat*gories of Ineome Income is categorised as In¢orne from exchange transactions Ic()nlract inme) and income from non-éx¢hange transaction$ Igiftsl, investment income and other income. Incom& from •xchang8 transactlon$ is received by the charity for g¢xKls or servi$ SUPF4ied under contract or wher& entitPement is subject to ftjlfilling performanc& related ¢onditions. The income the charity receives is appr0MleIY equal in V8lue to the go)ds or services supplied by the charity to the purchaser. Ineome from a non4xehange transaction 15 where the ¢harity receives value from tho donor withoLrt providing equal value in exchange. and includès donations of money. gODds and servi¥ freely given without giving equal valu6 in exchange. Income recognition 19
Dromore 2000 Ltd Notes to the Accounts for the year ended 30 June 2023 Income. whether from exchange or non exchange transadions, is recognised in the slalement of financial actiwlies ISOFAI on a reivable basis, when a transaction or other event regults in an in¢rè8se in the charity's assets or reduction in its liabilllies and only when the charity has legd entidement, Incom¢ is probable and can be measured Incorne subject to terms and condikn.ons which must be rnel before the ¢harity is ented to the resour$ is not recognised until the ccfflditions have been met. l income is accounted forgross, before deducting any related f96s or costs. Accountlng for defèrrèd Income #nd Income recèbved in advance Where terms and conditions rèlating to inc(me have not been met or uncertairty gxists as to whether the charity eAn meet any terms or rxjnditions otherwise within rts control, income 15 not rnISed but 1$ deferred as a li8bilty until it is probab18 that the terms or condib.ons imposed can met. Any grant that is subject to performance-related CondOn$ received in advance of ddivering the goods and servi$ required by that oondition, or 15 subjeci to unrnèt conditions wholly outside the control of the recipient ¢harty, is accounted for as a li8bility and shown on the balance sheet as deferred income. Defeffed income is released to income in the reporting period in which the performance-related or other condib.ons that limit re¢ognition are meL When income from 8 grant or donation has not been recognised due lo the conditions #pying to the gift not being wknlly thin the conlrd of the recipient charty, it is disdosed as a contingent asset if receipt of the grant or donation is probable once those conditions are met. Where time related condibons a imposed or iMpld by a funder, then the income 18 apportioned to the time periods concerned.and. where atvlicable, is a¢counted for as a liability and shcmn on the baL2nce sheet as deferred income. When grants are received in advance of the expenditure on the activity fwded by them, but there are no sp8afic time related eonditions, then the incom& is not deferred. Any ¢ondition that allows for the recovèry by the donor of any unèxpended part of a grant doe5 not [event recognib.on of the income concerned, bul a liabilty to any repayment is re¢conised when repayment beoomes probable. Policies relating to expenditure on good5 and seryi¢es pmvided to the charity R•cognltlon of liabilltles and èxp•nditure A liability, and the related expenditure, is renised when a legal or constructiv6 obligation exists as a result of a past event, and when it is more likely than not that 8 transfer of economic benefits will be required IN setuement, and when the arnount ofthe obligation be measured or reliaNy estimsted.. Liabilib"es arising frorn future funding commitments and constructiv& obligth"ons, induding perform8nce related grants, where the timing or the amoLJnt of the fvture expendire required to setu& the tsbligation are uncertain, give rise to a provision in the accounts, whith is reviewed at the accounting year end. The provision is increasod lo refiect any increase5 in liabilities, and is decreased by the utilisatim of any provision wthin the period, and reversed if any provision is no longer required. These movernents are charg&J or creditéd to the respective funds and activities to which the provision relates. Volunteers In accordance with the SORP, and in recogn"On ol the difficulties in pla(ing 8 monetary value on the contribution from volunteers, tre contribution of volunteers is not included within the income of the charity. However, the trustees value the significant contribution made to the activities of the charity by unpaid volunteers and this is described MOTO fully in Note6. Polici9$ relatlng to assets, Ilabilities andprovisions and othermatters. Fixèd Asset Investmènts 20
Dromore 2000 Ltd Notes to the Accounts for the year ended 30 June 2023 Fixed asset investments in quoted shares, traded bonds, investment properties and similar investments are shown initial at cost uwn acquisition and at thar warket value at the bdance sheet date at the end of the financial period. Investrnent properties 8re not depreciated. Fixèd asstrt investments in unlisted equities are shown al the baL4n¢e sheet date at the best esl'rnate of their market value. where practicable. Where valuation techniquès are Considered unreliable or wheré, in opinion of the trustees, the wsts outweigh the benefits to the users of the accounts, the investrnènt is Included at cost, an¢¥ a review 1$ ndertaken at each year end as to Wther the 8s$et should be written down. AJI gains on fix&J asset investments, whether realised or unreali5ed, are induded in row 84 of the Statement of Finaneial A¢tivities. Tangible flxedassets Tangible fixed assets are measured at their original cost value, or subsequent revaluation. or il donated, as described above. Cost value includes all costs expended in bringing the 88set into its intended working condition. Depre¢iab'on has been provided at the follory rates in ordw tts write off the assets to their antipated residual value over their estimated useful lives. Freehold premises Leasehold premises Plant and rnachinery O % straight line °A reducing balance 20 °k reducing ba18n A regular annual review of the likelihood of asset irnpairmenl is uThlertaken. Accountlng for capttal grants and fixed assèt funds. Gifts of tangible fixed assets grants of a capital nature. given for the purposes of acquiring specific assets to be ful utilised in the furtherance of the objects trf th8 ¢harty, are cre(Sited lo fixed asset ndS after the donated asset has been re1Ve or ¥ums have been properfy e>pended on the rtsstricted purpose. Where the terms ol the gift require the charity lo hold the 85set on an ongoing basis for 3 specific purpose, tt)èn the fixed asset fijnd so created is categorised as a restricted fixed asset fL4nd, and tho rdevanl restrictions ale noted in the fIXj asset note 8. Where the ierFns of the gift are met onco the asset is acquired, 80 allowing the charity to use asset on an unrestricted basis, induding the right lo receive the prOed$ of any future sale of the asset tsn an unr88tricted basis, then the fixed asset fund so created is categorised as a designated fixe(l asset fund. When assets are acquired for the fUrtherarn of the charity's objects. utilising the charitys own unr8$tri¢ted fvnds, a transfer is rnade from unrestricte(I funds to a designated fixed asset fund. Whether 8oquired with unrestrieted or restricted funds, the asset a¢quired is initially shown in the balan{ sheet at the fijll o)st ol acqui&tion or subs4uenl revaluab"on. As the re18ted assets are deprociated, in accordance with the depreciation policy,in ordor to reflect the dimunilion in the asset,8 transfer is made from the relevant fixed asset fund$ lo either unrestric16d or restricted revenue funds, 83 appropriate to the terrns of the original gif( If any. The effect of this wli¢y is that th¢ aggregate of all fixed asset funds shall equate lo the net took value of fixed assets. In the first year that this policy was adopted, a transfer to fixed asset funds was made equivalent to the net book value of the assets. 21
Dromore 2000 Ltd Notes to the Accounts for the year ended 30 June 2023 Any residual liability lo the donor arising from, for exampSe, the assevs future sale, is disdosed as a contingent liability unless the event that w¢Id trigger repayment of the grant becomes prtsbae in which ¢as& a liability for repayment is rnIsed. Insofar as this policy relates to Government grants and tts the extent that it may be a departure from thè FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, las arnended by ts Bulletin issued in October 2018 and applicable to all accounting perDds beginning tsn or after 1st January 20191, (The SORPI, such departure is jusb.fied on the basi5 that it is in order to comply with the SORP. Dèbto Debtors 8re measured al th[ recoverable amountg at the balance sheet dale. Crèdiiors and provisions Creditors are measured at the transaction price (usuty invoice pri1, and recognised in the riod in which they were ncurred. Piovisions lie liabilities of uncertain timing or amount) are rewgnised when there is an obligation at the reporting date as 8 result of a past event, it is probable that economic b8néfit wll be transferred lo see the olAigal and the amount of the OlJatI0rn can bs estimated reliably. Cash and bank balances Cash held by the Charity is induded at the amount actually held and Unted at the year end. Bank balan$, whether in crwlit or overdrawn, a shtswn at the amounts properly reoonciled to the bank statements. Pensions- deflngd contribution schgme5 The charity operates a defined contribution pension scheme. Contributions are Charged to the profit and loss account as they become payable in accordarhce with the rules of the sohom6. Fund Accounting Unrestricted fvnds are 8vailable for use 8t trè diSctiOn of the trustees in fvrtherance of the general objecb'v95 ol the tharity. There are rK) designated funds at the balan sheet dale. Rèstricted funds are subjected to restrictions on th81f expendIre imposed by the donor or through the terms of an appeal or as Imled by law. There are no endowment bjnds. 2 Llablllty to taxation The Trustees consider that the charty satisfies the tests set oui in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tsx purposes. Ac£ordingly, the Charity is potentially exempt from taxation in respect of irthme or capiial gains reIVed within categories covered by chapter 3 part 11 of the Corty)ration Tax kt 2010 or Section 256 of tre Taxation of Chargeable Gains Act 1992, tr) the extent th81 such income or gains are applied exdusively on the specifi¢ charitaUe objects tsl the charity and for no other purwse. Value Added Tax is partialy recoverable by th¢ charity. and is therefore partially induded in the relevant costs in the Statement of Finanal AGtivities. 3 Winding up or dissolution of the charity 22
Dromore 2000 Ltd Notes to the Accounts for the year ended 30 June 2023 If upon winding up or dissolution of th8 charty there remain any assets, after the s8tisfaction of all debts and liabilities. the assèts represented by the accumulal8d fund shall be transferred to some tsther tharitae tM)dy or bodies having sirnilar 04e¢ts to the charity. 4 Signiflcance of financial instruments to the Charity's position The ¢harity does not have any financial instruments other than cash al the bank as detail above. 5 Net surplus before tax in the financial year 2023 2022 The net surplus before tsx in the firnanaal year is statsd after ch8rging:_ Depreciation of owned fixed assets 1,515 1,624 6 The contribution of volunteers The charity depends on the support ol rts volunteers, which is much appreciated. The charity normally engages the ServIS ol volunteers for the purposes of organising. registmtion aThY stewarding at the events held during the year such as the Christmas Lights switch event. Thé srrangernents with volunteers S difficull to value precisely in monetary terms and have not been recognised in the St8tement ol Financial Activikn'es. The volunteers and the Gharity accept and agree that no contraot of employment 1$ created by these arrangements. No employees received erroluments lexduding tnSIOn costs) in eXs$ of £60,000 per annum. 7 Romuneration and paymants to Trustees and p9rsons connected with thom No trustees or person5 connected with them received any remuneratr'on from the charity, or any related entity. 8 Tangible fixed assets Land and Buildtngs Plant & Machinery Equipment, Fixtures & Fittings Current Year Total Cost At 1 July 2022 80,864 1,540 6,732 89,136 At 30 June 2023 1.540 6,732 89,136 Doprgclatlon At 1 July 2022 Charge for the year 28,603 1,060 1.435 21 4,268 434 34.306 1.515 At 30 Junè 2023 29,663 4,702 35,821 Net book valu• At 30 Jun8 2023 51,201 2,030 53,315 At 30 Jung 2022 52,261 105 2,464 $4.830 23
Dromore 2000 Ltd Notes to the Accounts for the year ended 30 June 2023 Land and Bulldings Prlor Year Plant & Machinery Equipmen( FixtUTe5 & Fittinqs Totsl Cost 01 July 2021 Add0$ 69,141 11,723 1,540 6.074 658 76,755 12,381 30 Juna 2022 80,864 6,732 89,136 Oepreclatlon 01 July 2021 Charge for the year 27,547 1,056 1.409 3,726 542 32,682 1.624 30 Juno 2022 28,603 1,435 4.268 34.306 Net book value 30 Jun¢ 2022 52,261 105 2,464 54,830 30 June 2021 41,594 131 2,348 44.073 Notbook value of assets includedabove whi¢h were funded by restricted funds and where the harity 1$ requiredundor tho t•mis of the glft to hold the assèton en ongoing bastis. 2023 2022 Total Of ass•ts funded by restrlcted fund$ 38,548 39.490 9 Invèstments held as fixed assets Investments Li$t•d Other Cl4¥5¢ invèstmants Ot Investmènt $ubsidlarlès Total CaThying value$ of InVtmonIS At 1 July 2022 150,000 150,000 At 30 Juna 2023 150,000 Anatysi$ betweèn falr value and historical cost Investrn•nt5 as aLx)ve held at fair value 150,000 150,000 Analysis of Other Class•s of Investment 24
Dromore 2000 Ltd Notes to the Accounts for the year ended 30 June 2023 Included 4t hlstorftal Gost, 16ss wrfts down Included #t lalr valu• Total Summary of other ¢lass•s of inve8tments at 30 June 2023 Casti or cash equivalants 150,000 150.000 In rolation to the investm¢nt property, the fair value of the asset was estimated by the a SLJitably experienced and knedgeable indiwdual engaged by the Iiustees based on a reasonable yield for the level of rental income, the area the property is located in. and the currènt stste of upkeep of the property. A valuats'on has not been carried out by an independent valuer wth a recognised professional qualification. 10 D6btors 2023 2022 Trade debtors Other debtors 833 1,363 896 833 2,259 11 Creditors: amounts falllng due within one year 2023 2022 Tradè ¢re(litors Accruals PAYE, NIC VAT and other taxes Other creditors 21 1,450 1,059 555 2,447 1,400 48 3,085 3,895 12 Revaluation reservg ¢urrent y•ar Unrestrlctort Fund& Curr*nt Restrlctsd Funds Currpntyear Total Fund6 Prlor Yoar Total Fund$ Cunpnt year 2023 2023 2023 2022 At 1 July 2022 165,948 165,948 165.948 At 30 June 2023 165.948 165,948 165,948 AJI thé rèvaluations in the prior year was unrestrict6d. Prlor Yoar Unrestrfetod Fund5 2022 Pvlor Y¢ar Rostrfcted Funds Prlor Year Totsi FurKI¥ PriOrr 2022 2022 25
Dromore 2000 Ltd Notes to the Accounts for the year ended 30 June 2023 At start of prwlous year 165,948 166,94 At end of previous year 165,948 165,948 13 Income and Expendlture account summary 2023 2022 At 1 July 2022 Surplus after tsx for the year 84,872 70 89,177 14,3051 At 30 Juna 2023 84,942 84,872 14 Related party transactions Dunng the year the charity engaged the service5 and made a payment to a trustee under written agreement duly approved by the ¢haiity. This payment is d¢t8iled below. NothirvJ is owing to K McLaughlin at the balance sheet date. 2023 2022 Kathleen McLaughlin - Truste¢ Payrnentbr insurance servi$ 15 Partlculars of how particular funds are represented by assots and liabilities 2,900 2,426 At 30 June 2023 Unrtstrfctsd Do8lgn8ted funds Rèstrfcted Total funds fund6 Fund5 Tangl1e Fixed Assets Investrnents 8t vAluation:_ Fixed assefrinvestments Current Assets Current Liabilitie8 24,455 28,860 53,315 150,000 41,498 13,0851 150.000 62.177 13.0851 20,681 212.866 49,641 262,407 At 1 July 2022 Unre8trl¢tod lund$ DÈslgnAted funds Retstrfttsd Totsl Furtds funds Tangible Fixed Sets Investrnents at valuation'.- Fix} asset investments Cuffent Assets Current Liabilth"os 25,970 28,860 54.830 150,000 43,256 13,8951 150,000 61,402 3,8951 18,146 215,331 47,006 262,337 18 Change in total funds ovgr thè year as shown In Note 15 . analysed by individual funds 26
Dromore 2000 Ltd Notes to the Accounts for the year ended 30 June 2023 Funds brought Movement in f¢)Thvard from funds In 2023 ZQ22 Tr*nsfvrs baten fund8 In 2023 Fund3 carrkgd forward to 2024 So8 Nok 17 S¢¢ Nots O Unrostricted and deslgnèted funds... Unrestricted Revenu¥ Funds Unrestricted Revaluats'on Reserve 49,383 165,948 12,4651 46,918 165.948 Total unrestricted and doslgnatod funds 215,331 2.4651 212,866 Restrfcied funds." Restricted Fixed Asset Funds Restricted Revenue Funds 28.860 18,146 28,860 20.681 2.535 Total restricted funds 47,t)06 2,535 49,541 Total charity funds 262 337 70 262,407 17 Analysls of movemonts in fvnds over thg year as shown in Note 16 other Incomo Exp8ndlture Galn5 & LosSOS Mgvemont In fund8 2023 2023 2023 2023 Unrestrictedand designared funds... Unrestricted Revenue Funds 13,517 115,9821 12,465) Restri¢tedfunds.' R8stricted Revenue Funds 2,535 2.535 16,052 115,982 70 18 The purposes for which the funds Unrestrlct•d and d•slgnated funds."_ Unrestricted Revenue Funds Thèsè fvnds are held for the meeting the obj8cb.ves of the charity, and to provide reserves for fvture aCtIv"e$, and , subject lo charity legislation, are free from all restrictions on their use. This hjnd represents the unrestricted surplus 8risiryJ on the revaluation of the charity's assets. Unrestricted Revaluation Reserv¢ 27
Dromoro 2000 Ltd Notes to the Accounts for the year ended 30 June 2023 RestrActed fun(ts.'. Restricted Fixed Asset Funds The PUTPOSè of these fvnds is describad under the 8co)unling policy 'Accounb"ng for capital grants and fixed as8etfunds'. This fund represents the restricted suiplus arising on the revaluation of the charrtws assets. This fund represents the restricted surplus arising M specific proie¢ts of the charity such 85 the herbtsge pi(iect. Restricted Revaluation Reserve Restricted Revenue Funds 19 Ultimate controlling party The charity is urKler the control of its gaI members. Every rnetTrber ol the Gharity is 01ged to contribLrte suth amount as may be required ml exceeding £1 lo tho assets of the company in the event of its being wound up Whi he or she is a member, or within one year after he or she ceases to be 8 member. 28
Dromore 2000 Ltd Detsiled anatysis of income and expendlture for the year ended 30 June 2023 as required by the SORP 2015 Thls analysis is classsiTfied by conventional nomlnal descriptions and not by activity. 20 Donations, Grants and Legaclos Currfrnt year Unrestrictsd Funds Current year Restrictod Funds CuFr8ntypar Tot81 Funds Prlorygar Totsl Fund8 2Q23 2023 2023 2022 Rov•nue grants Irom government and public bodlès Fe¥managh & Omagh Distri¢l Council 2,535 2,536 1,995 Totsl publ1¢ sector revenue grants 2,535 2,535 1,995 All tho grants in the prior yearwere unstriCted. Revenue grants from government and publle bodles- Prlor Year anaty81s Prloryear Unrestrlcted Fund$ Prlor Year R¢$tricted Funds 2022 Pr1 Year Total Funds 2022 2022 Prlor Year 1,995 1,995 Ctsvrent y8or Unr8StrtGtod Fund$ Curront year Re5trlctèd Funds Currerrt year Totsl Funds Prlor Year Total Funds 2023 2023 2023 2022 Sponsorshlp Small sponsoiship gifts individually less than £100Q 2,719 2,719 1,660 Total sponsorship Incomg 2.719 2.719 1,660 Cutmnt year Unrestricted Funds CvTrentyr Re$triGtsd Fund8 Currontyear Totsl Fund$ Prloryear Totsl Funds 2023 2023 2023 2022 CapEtsI grants from non publ[¢ bodles 29
Dromore 2000 Ltd Detailed analysis of income and oxpenditure for the year ended 30 June 2023 as required by the SORP 2015 Small gTants individualty less than £1000 11,517 Totsl prlvate sector capllal grants 11.517 Ail the gTants in the prior year were unr8stricled. Capital grnnts from non public btsdles- Prlor Year anatysls Prlor Yoar Prioryear PrlorY8ar UnrestrlGtsd Funds Restricted Funds Total Funds 2022 2022 2Q22 Prior Year 11,517 11.517 Total Donations, Grants and Legacies Totsl Donations, Grants and A1 Lggacies 2.719 2.535 5,264 15,172 All the donations and glfts in the prior year were unTeslri¢ted. Unrtstrlcted Fund$ 2022 Restrlctsd Fund$ 2022 PrlorY8aT Totsl Funds 2022 Prioryear Total Donations, Grnnts and LeAa¢ig$ A1 1,660 13,512 16,172 21 Income from charitable activities - Trading Activities Currentyear Ctsrr8nty8ar Unrestrlctsd Funds Currenty•ar Rèstrlctsd Funds Current year Total Funds Prlor Yo•r Totsl fvnds 2023 2Q23 2023 2022 Prlmary purpo and ancillory trading Letting ol property for charitable purposes 8,333 8,333 8,333 Viltage Table 2,190 2,190 680 Total Primary purpo$9 and ancillary tradlng 10.623 10.523 9,013 22 Totsl In¢omo from charltable o¢tlvltles Currènt y8ar Unrestri¢t8d Fund$ CuTrT8ntyear R¢strlctod Funds CurrontyÈar Total Fund$ Prlor Year Current yr Totsl Funds 2023 2023 2023 2022 30
Dromore 2000 Ltd Detailed analysis of income and expenditure for the year ended 30 June 2023 as required by the SORP 2015 Total income from charftsble trading 10.523 10.523 9,013 Totsl from charitable activltle$ 10,523 10.523 9,013 23 Inve$tment incomo Currentyear UntÈstrf¢ted Funds Curront yo4r R¢strlcted Funds Cufront yoaf Totsl Fund$ Prlor Ye•r Totsl Funds 2023 2023 2023 2022 Bank Interest Receivable 275 275 13 Totsl investm•nt Income 275 275 13 24 Expendlture on Charitable activlties - Charitsblè trading Curr¢nt yèar UnrestTrlct¢d Fund$ CurrÈntyear Re5trrcted Fund$ Currentyear Total Funds Prfor Year Total Funds Current Year 2023 2023 2023 2022 Christmas Lights 6,989 6.989 6,291 Totsl charitsble trading costs B2b 6.989 6,989 6,291 25 Support costs for chaFitsble activities CuThent year Unrestricted Fund8 Curront year Restrlcted Funds Current yoar Total Funds Prfor Yoar Tot*1 Fund$ Current Year 2023 2023 2023 2022 Premi$es Expenses Rates and water eharges Light heal and power Cleaning and waste management PmiseS repairs, renewals and maintenan Property insurance 329 721 329 721 106 801 105 50 1.454 1,464 3.641 2,229 2,229 2,426 Administrative overheads Telephone, fax and internet Membership subscriptions Software linCeS and expenses 574 674 545 348 31
Dromore 2000 Ltd Detalled analysis of income and expondithre for the ygar ended 30 June 2023 as required by th• SORP 2015 Advertising and marketing 122 122 Pmfessional fees paid to advisors other than the auditor or examlner Accountancy fees other than examination or audit fees 1,371 Other legal and professional 1.371 1.386 13 13 13 Financial costs Bank charges Depreciakn"on & Amortisation in total for 12 1,515 12 1.51S 1.624 Support ¢osts before reallo¢ation 8.793 8,793 10.495 Less support costs reallocated to specific actlvitie$ To non charitsble costs 18,4851 18,4851 110.4451 Total support costs - Current Year 308 308 so Tho basis of alk)Gaon of costs between actSvities 18 descr¢bed under accounting policies All the expendthre in the prryear was unrestricted. Adminlstrative ovetheads The basis of alioGaUon of costs between aclivitSes is deserfbed under accounting policies 26 Other Expenditure - Govornance ¢osts Currentyaar Unrestslctsd Funds Current year Restrktod Funds Current yoar Total Fund$ torY8ar Total Fund6 Cuont Year 2023 2023 2023 2022 Independent Examinerfs fees 200 200 200 Total Governance ¢osts 200 200 200 Pritir Year Unr8sti¥Gtod Funds PrlorY8ar R8striGt Fun(ts 2022 prtoryear Totsl Funds Prior Year 2022 2022 Independent Examinorfs fees 200 200 32
Dromore 2000 Ltd Detailed analysi8 of income and expenditure for the year ended 30 June 2023 as required by the SORP 2015 Total Govemance emts 200 200 27 Total Charitable expendituro Currentyear UnM$trictsd Fund$ 2023 rrent y•#r Rtrstri¢tod Funds eurr8trt yèar Total Funds PTiorY8ar Total Funds Currènt Year 2023 2023 2022 Total charitable trading costs Total support eosls Total Governance costs 82b B2d B2e 6,989 308 200 6,989 308 200 6,291 200 Totsl charitabl• èxpendlbjre B2 7,497 7,497 6.541 Pritsryear UnMstriGtsd Furhds Prioryoar Restrl¢tsd Fund$ PriorYo8f Total Funds Prior Year 2022 2022 2022 Total charitable trading costs Total support costs Total Governance costs B2b B2d B28 6,291 50 6.291 200 200 Total ¢h•ritablo oxpendFlure B2 6.341 200 6,541 28 Other trading expenditure unrolated to fundraising or charitable activities Crn1 yoa UnsIcted Funds 2023 CuYrenty8ar R05trkt¢ Fund$ 2023 Curr8nty$ar Totsl Funds Prior Year Totsl Fund$ 2023 2022 Reallocated from support c(Ists 8,485 8,485 10,445 Non charlty expendlture B3b 8.485 8.485 10,44S oth•r tradlng •xpendlture unrelated to fundralslng or eharltabl¢ actlvlties- Prlor Year anoly81s Unr8Strlcted Rtrstrlcted Funds Funds Totsl Funds Prlor Year 10,225 220 10,445 29 Total of othor expenditure CuTrTentyear urront yoar Currènt yoar Prloryear 33
Dromore 2000 Ltd Detailed analysis of Incomè and oxpenditurg for the year endod 30 June 2023 as required by the SORP 2015 Unr•stri¢t¢d Funds Restrlctsd Fund$ Total Funds Current Year Totsl Funds 2023 2023 2023 2022 Non charity expenditure 8,485 8.485 10.445 Totsl other gxpendituro B3 8,485 8,485 10.445 Pr6orY8ar Unr88tii¢t¢d Fund$ 2022 PrlorY8ar Restrittod Funds Prloryear Total Funds Prior Year 2022 2022 Non charity expenditure 10,225 220 10,445 Total othgr expenditure 83 10.226 220 10,445 34