UPPERLANDS COMMUNITY DEVELOPMENT LTD
(A company limited by guarantee)
Annual Report and Financial Statements
for the year ended 30 September 2024
Company Limited by Guarantee Northern Ireland (N1032234)
Registered Charity in Northern Ireland {NIC106111)

Upperlands Community Development Ltd
Company Limited by Guarantee
Financial Statements
Year ended 30 September 2024
TRUSTEES. ANNUAL REPORT......................,.................................................................................................
INDEPENDENT EXAMINERS REPORT TO THE DIREcfoRS OF UPPERLANDS COMMUNITY DEVELOPMENT
LTD.................................................................................................................................................................
STATEMENT OF FINANCIAL ACTIVITY (INCLUDING INCOME AND EXPENDITURE ACCOUNT)...................
BALANCE SHEET.............................................................................................................................................
NOTES TO THE FINANCIALSTATEMENTS...................................................................................................11

UPPERLANDS COMMUNITY DEVELOPMENT LTD
TRUSTEES, ANNUAL REPORT
The trustees, who are directors for the purposes of company law, present the annual report together
with the financial statements of the charitable company forthe year ended 30 September 2024.
REFERENCE AND ADMINISTRATIVE DETAILS
UPPERLANDS COMMUNITY DEVELOPMENT LTD
The Linenhall Centre
67 Kilrea Road
Upperlands
Company Registered by Guarantee Northern Ireland {NIC 106111}
Registered Charity in Northern Ireland (NIC032234)
TRUSTEES
D Lamont
M R O'Kane
G Mcllwaine
G Kirkpatrick
A Kirkpatrick
W Montgomery
M McAlary
(Resigned 4 October 2023)
INDEPENDENT EXAMINER
Simon Hopper FCA
Hopper & Co
6 Doagh Road
Ballyclare
BT39 9BG
DESCRIPTION AND PURPOSE
We work with local community, statutory authorities, voluntary and other organisations to provide
service5 for children and young people, adults and to ensure older people are 5UPPOrted and socially
included. To sUPPOrt economic activity and job creation. To improve health and wellbeing of the entire
community, building cr055 community relations and to provide art, leisure and recreation activities for
the community.

UPPERLANDS COMMUNITY DEVELOPMENT LTD
TRUSTEES, ANNUAL REPORT (cont'd)
STRucfuRE AND MANAGEMENT
The company is run by a board of Trustees who are also the directors of the company. It is governed by
its Memorandum & Articles of Association.
The Trustees work with a team of dedicated volunteers and have in the past worked with the probation
board, the local jobcentre and network personnel to help those who have been long term unemployed
8et back to work and work/train with the company to prepare them for back to work.
AcfiviTIES AND OBJEcfivES
The principal activity of the company is to facilitate the improvement and development of social and
economic conditions for the people living in the Upperlands area. The company works with local
community, statutory authoritie5, voluntary and other organisations to provide services for children and
young people, adults and ensures older people are supported and socially included. The company also
aims to support economic activity and job creation, to improve health and wellbeing of the entire
community, building cross community relations and to provide art, leisure and recreation activities for
the community.
The company's centre includes a large hall, Small hall and board room and is used by local and
surrounding communities for events, classes and meetings, church groups, youth club, afterschools
club etc. A weekly luncheon club forthe elderly is run by the centre.
Other recent activities include set up of a mental health group, a couch to SK fitness and wellbeing
programme, Christmas tree switch on event, 4th of July cultural celebration and a visitor centre cultural
programme.
Public Benefit
The direct benefits flowing from the organisations purposes are to ease the social and rural isolation
that many suffer in the village locally, help the aged, help health, mental and social wellbeing, bringing
everyone together, offering opportunities regardless of background. These are demonstrated in many
ways throughout the year we hold events and classes where people from a wide range of backgrounds
have the chance to meet and form lasting friendships.
We also allow other groups and charities to use our hall as well as locally residents to hold community
events. We have a visltor centre and coffee shop that allows a central meeting place for community
members regardless of background. We offer assistance and guidance to anyone who needs it and try to
point them in the right direction to solve their problem5 if we can't. We run a weekly luncheon club for
the elderly where they get a subsidised meal (some of these people are very socially isolated and this is
one of the few occasions they get a chance to go outl. We also hold crafts, seasonal events, healthy
eating days and bus trips for this group. We run cross community bus trips locally with Granaghan
Women's group in 5watragh. We offer volunteering opportunities to all regardless of background.

UPPERLANDS COMMUNITY DEVELOPMENT LTD
TRUSTEES, ANNUAL REPORT (cont'd)
There is no harm arising from any of the purposes. The charities beneficiarie5 are a wide range of local
and neighbouring community members regardles5 of their background, people who are older, youth,
adults, people with mental health issues, people who are socially isolated, people who are struggling to
get back to work etc. There is no private benefit.
The trustees confirm that they have complied with the requirements of section 4 of the Charities Act
2008 to have due regard to the public benefit guidance published by The Charity Commission for
Northern Ireland.
ACHIEVEMENTS AND PERFORMANCE
The company normally runs well supported community events, craft fairs, summer markets, Christmas
Tree Switch on and Halloween parties etc. However due to the global pandemic all 'in person, activities
ceased. UCDL were involved in delivering food parcels, meals on wheels, prescription collection and
delivery, delivering craft packs for the children and a virtual Christmas light switch on. The centre also
has units and industrial workshops available to rent at very competitive rates and we have helped
number of small businesse5 With start-up advice etc. The company also owns the Flax Coffee Shop and
Flax Visitor Centre which are assets to the community and the Trustees feel that these help ease high
levels of social isolation giving people central community meeting places.
FINANCIAL REVIEW
The charity'5 results show an excess of expenditure over income for the year. Despite this the
unrestricted reserves are still comfortably in excess of 12 months expenditure. Unrestricted reserves at
30 September 2024 amounted to £73,623. (2023 - £77,582, while restricted reserves amounted to
£370,896.12023 - £387,059).
The trustees, annual report (incorporating the directors, report) and the strategic report were approved
on 26 June 2025 and signed on behalf of the board of trustees by:
cllwaine
Director & Trustee

INDEPENDENT EXAMINERS REPORTTO THE DIRECTORS OF UPPERLANDS COMMUNITY DEVELOPMENT
LTD
I report to the trustees on my examination of the financial statements of Upperlands Community
Development Ltd {'the charity,) for the year ended 30 September 2024.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law} you are
responsible forthe preparation of the financial statement5 in accordance with the requirements of
Charities Act (Northern Ireland) 2008 (the '2008 Act'} and the Companies Act 2006 ('the 2006 Act'l. You
are satisfied that the accounts of the company are not required by charity or company law to be audited
and have chosen instead to have an independent examination.
Having satisfied myself that the accounts of the company are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examination, I report in respect of my examination of
the charity's financial statements as carried out under section 65 of the 2008 Act. In carrying out my
examination I have followed the general Directions given by the Charity Commission for Northern
Ireland under section 65{9)Ib) of the 2008 Act
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection
with my examination giving me cause to believe that in any material respect:
accounting records were not kept in respect of the charity as required by section 386 of the 2006
Act; or
2. the financial statements do not accord with those records," or
3. the financial statements do not comply with the accounting requirements of section 396 of the
2006 Act other than any requirement that the accounts give a 'true and fair, view which is not a
matter considered as part of an independent examination; or
4. the financial statements have not been prepared in accordance with the methods and principles
of the Statement of Recommended Practice for accounting and reporting by charities applicable
to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102).
I confirm that there are no other matters to which your attention should be drawn to enable a proper
understanding of the accounts to be reached.
S Hopper FCA
Partner
Hopper & Co 26 June 2025

The notes on pages 10 to 18 form part of these financial statements.

UPPERLANDS COMMUNITY DEVELOPMENT LTD
STATEMENT OF FINANCIAL AcfiviTY (INCLUDING INCOME AND EXPENDITURE ACCOUNT)
for the year ended 30 September 2024
Note
Unrestricted
Funds
Restricted
Funds
Total
2024
Total
2023
As restated
Income from:
Donations and legacies
Investment income
Other income
9,566
643
25,461
9,566
643
25461
15,554
356
30,147
Total Income
35,670
35,670
46,057
Expenditure on:
Charitable activities
39,629
16,163
55,792
55,710
Total Expenditure
39,629
16,163
55,792
55,710
Net expenditure and net
movement in funds
(3,9591
116,163)
(20,122)
{9,653)
Funds brought forward
77,582
387,059
464,641
474,294
Funds carried forward
10
73,623
370,896
444,519
464,641
All income and expenditure derive from continuing activities.
The statement of financial activities includes all gains and losses recognised during the year.

UPPERLANDS COMMUNITY DEVELOPMENT LTD
BALANCE SHEET
As at 30 September 2024
Note
2024
2023
restated
Fixed Assets
Cash and cash equivalents
Total current assets
15
371,375
371,375
387,599
387,599
Current Assets
Debtors
Cash and cash equivalents
Total current assets
16
36,115
40,197
76,312
36,625
42,959
79,584
Creditors: amounts falling due within one year
Total Creditors
17
3,168
3,168
2,542
2,542
Net Current Assets
Total assets less current liabilities
Total Net Assets
73,144
444,519
444,519
77,042
464,641
464,641
Funds of the charity
Restricted funds
Unrestricted funds
370,896
73,623
387,059
77,582
Total charity funds
18
444,519
464,641
For the year ending 30 September 2024 the charity was entitled to exemption from audit under Section
477 of the Companies Act 2006 relating to small companies.
Directors, responsibilities:
The members have not required the company to obtain an audit of its financial statements for
the year in question in accordance with section 476;
The directors acknowledge their responsibilities for complying with the requirements of the Act
with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companies, regime.

UPPERLANDS COMMUNITY DEVELOPMENT LTD
BALANCE SHEET
As at 30 September 2024
These financial statements were approved by the board of trustees and authorised for issue on 26 June
2025 and
signed on behalf of the board by.
G Mcllwaine
Director & Trustee
The notes on pages 10 to 18 form part of these financial statements.
10

UPPERLANDS COMMUNITY DEVELOPMENT LTD
NOTES TO THE FINANCIAL STATEMENTS
30 September 2024
l. General information
The charity Is a public benefit entity and a private company limited by guarantee, registered in N Ireland
and a registered charity in Northern Ireland. The address of the registered office is The Linenhall Centre,
67 Kilrea Road, Upperlands.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting
Standard applicable in the UK and the Republic of Ireland,, the 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 IFRS 1021 (Charities SORP (FRS 102)), the Charities Act
(Northern Ireland) 2008 and the Companies Act 2006.
3. Accounting policies
Basi5 of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation
of certain financial assets and liabilities and investment properties measured at fair value through
income or expenditure. The financial statements are prepared in sterling, which is the functional
currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Disclosure exemptions
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update
Bulletin I not to prepare a Statement of Cash Flows.
Judgements and key sources of estimation uncertainty
In the application of the charity's accounting policies, the trustees are required to make judgements
estimates and assumptions about the carrying amount of assets and liabilities that are not readily
apparent from other sources. The estimates and associated assumptions are based on historical
experience and other factors that are considered to be relevant. Actual results may differ from these
estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to estimates are
recognised in the period in which the estimate is revised where the revision affects only that period, or
in the period of revision and future periods where the revision affects both current and future periods.
11

UPPERLANDS COMMUNITY DEVELOPMENT LTD
NOTES TO THE FINANCIAL STATEMENTS (continued)
30 September 2024
3. Accounting policies (continued)
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future projett or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared bythe donor or through
the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment
funds.
Incoming resource5
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity; it is probable that the economic benefits associated with the transaction will
flow to the charity and the amount can be reliably measured. The following specific policies are
applied to particular categories of income:
income from donations or grants is recognised when there is evidence of entitlement to the gift,
receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is impractical
to measure reliably, in which case the value is derived from the cost to the donor or the
estimated resale value. Donated facilities and services are recognised in the accounts when
received if the value can be reliably measured. No amounts are included for the contribution of
general volunteers.
income from contracts for the supply of services is recognised with the delivery of the contracted
service. This is classified as unrestricted funds unless there is a contractual requirement for it to
be spent on a particular purpose and returned if unspent, in which case it may be regarded as
restricted.
12

UPPERLANDS COMMUNITY DEVELOPMENT LTD
NOTES TO THE FINANCIAL STATEMENTS {continued)
30 September 2024
3. Accounting policies (continued)
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT
which cannot be fully recovered, and is classified under heading5 of the statement of financial activities
to which it relates:
expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable
trading activities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities
that further its charitable aims for the benefit of its beneficiaries, including those support costs and
costs relating to the governance of the charity apportioned to charitable activities.
other expenditure includes all expenditure that is neither related to raising funds for the charity nor
part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated
depreciation and impairment10sses. Any tangible assets carried at revalued amounts are recorded at
the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent
accumulated impairment losses. An increase in the carrying amount of an asset as a result of a
revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for
impairment that has previously been recogni5ed as expenditure within the statement of financial
activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other
recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the
1055 is shown within other recognised gains and1055e5 on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over
the useful economic life of that asset as follows:
Freehold property
Plant and machinery
Fittings and Equipment
Straight Line over 60 year5.
Fully depreciated Fixtures,
50A reducing balance
13

UPPERLANDS COMMUNITY DEVELOPMENT LTD
NOTES TO THE FINANCIAL STATEMENTS (continued)
30 September 2024
3. Accounting policies (continued)
Financial instruments {continued)
For all equity instruments regardless of significance, and other financial assets that are individually
significant, these are assessed individually for impairment. Other financial assets are either assessed
individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not result
in a carrying amount of the financial asset that exceeds what the carrying amount would have been had
the impairment not previously been recognised.
4. Limited by guarantee
The Company is limited by guarantee. In accordance with the company's Memorandum of Association
the members have undertaken to contribute to the assets of the company in the event of it being
wound up, an amount not exceeding £1 each.
5. DONATIONS AND LEGACIES
Unrestricted
Funds
Restricted
Funds
Total
2024
Total
2023
A5 restated
Donations
Grants
2,170
7,396
2,170
7,396
2,092
13,462
9,566
9,566
15,554
6. INVESTMENT INCOME
Unrestricted
Funds
Restricted
Funds
Total
2024
Total
2023
As restated
Investment Income
643
643
356
643
643
356
14

UPPERLANDS COMMUNITY DEVELOPMENT LTD
NOTES TO THE FINANCIAL STATEMENTS (continued}
30 September 2024
7. OTHER INCOME
Unrestricted
Funds
Restricted
Funds
Total
2024
Total
2023
As restated
Other income
Rental Income
2,870
27,273
25,461
25,461
25,461
25,461
30,147
8. EXPENDITURE ON CHARITABLE ACTIVITIES BY FUND TYPE
Unrestrirted
Funds
Restricted
Funds
Total
2024
Total
2023
As restated
Support costs
39,629
16,163
55,792
55,710
39,629
16,163
55,792
55,710
9. EXPENDITURE ON CHARITABLE AcfiviTIES BY AcfiviTY TYPE
Total
2024
Total
2023
As restated
Charitable Activity
55,792
55,710
15

UPPERLANDS COMMUNITY DEVELOPMENT LTD
NOTES TO THE FINANCIAL STATEMENTS (continued)
30 September 2024
10. ANALYSIS OF SUPPORT COSTS
Total
2024
Total
2023
As restated
Wages and salaries
Rent, rate5 and insurance
Property costs
Accountancy costs
Bank charges
Office running costs
Depreciation on equipment
Depreciation on freehold property
Legal and Professional
Sundry Expense5
Event expenses
8,807
10,856
10,818
1,200
174
1,419
1,258
16,163
652
1,439
3,006
10,933
6,520
13,140
1,090
189
1,766
1,260
16,163
463
732
3,454
55,792
55,710
11. NET EXPENDITURE
Total
2024
Total
2023
A5 restated
Net expenditure is stated after charging/lcrediting):
Depreciation of tangible fixed assets
17,421
17,423
17,421
17,423
12. INDEPENDENT EXAMINATION FEES
Total
2024
Total
2023
Fees payable to the independent examiner for:
Independent examination of the financial statements
1,200
1,090
16

UPPERLANDS COMMUNITY DEVELOPMENT LTD
NOTES TO THE FINANCIAL STATEMENTS (continued}
30 September 2024
13. STAFF COSTS
The average head count of employees during the year was l (2023: 1}. The average number of full-time
equivalent employees during the year is analysed as follows:
2024
2023
Number of Administration staff
In addition, the charity had 15 volunteers during the financial year.
No employee received employee benefit5 of more than £60,000 during the year12023: Nil).
14. TRUSTEE REMUNERATION AND EXPENSES
None of the trustees {or any person connected with them) received any remuneration or benefits from
the charity during the year.
15. TANGIBLE FIXED ASSETS
Freehold Plant and Equipment
property machinery
Total
2024
Cost
969,782
24,124
101,320 1,095,226
1,197
1,197
Additions
At 30 Sep 2024
969,782
24,124
102,517 1,096,423
Depreciation
At l Oct 2023
Charge for the year
606,147
16,163
24,124
77,356
1,258
707,627
17,421
At 30 Sep 2024
622,310
24,124
78,614
725,048
Carrying amount
At 30 Sep 2024
347,472
23,903
371,375
At 30 Sep 2023
363,635
23,964
387,599
17

UPPERLANDS COMMUNITY DEVELOPMENT LTD
NOTES TO THE FINANCIAL STATEMENTS (continued)
30 September 2024
16. DEBTORS
Total
2024
Total
2023
As
restated
Amounts owed by group undertakings
Prepayments
36,115
36,115
510
36,115
36,625
17. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Total
2024
Total
2023
As
restated
Accruals and deferred income
Social security and other taxes
693
2,475
1,275
1267
3,168
2,542
18

UPPERLANDS COMMUNITY DEVELOPMENT LTD
NOTES TO THE FINANCIAL STATEMENTS (continued}
30 September 2024
18. ANALYSIS OF CHARITABLE FUNDS
Balance at start
Income
Expenditure
Balance at
end
Unrestricted Funds
General fund
77,582
35,670
139,629)
73,623
Unrestricted Funds
77,582
35,670
{39,6291
73,623
Restricted
Restricted Fund - Property
387,059
116,163}
370,896
Restricted Funds
387,059
116,1631
370,896
Total Funds
464,641
35,670
{55,7921
444,519
19. ANALYSIS OF NFf ASSETS BETWEEN FUNDS
Unrestricted
Funds
Restricted
Funds
Total
2024
Total
2023
As restated
Tangible fixed assets
Current assets
Creditors less than l year
23,903
52,888
(3,1681
347,472
23,424
371,375
76,312
13,168)
387,599
79,584
(2,5421
73,623
370,896
444,519
464,641
19