Cornpany Registration Nurnber: N1038954 Dromara Community Group IA company Ilmit•d by guarant•è, rttst havlng a Sharè Capital) Annual Report and Unaudited Financial Statements for the financial year ended 31 December 2023 Daly Park & Company Ltd Chartered Accountants 4 Carnegle Street Lurgan Co. Arrnagh BT66 6AS Northern Ireland
Dromara Community Group IA eompany limited by guarantee, not havlng a share capital) CONTENTS Page Reference and Administrative Information Trustees, Annual Report Statement of Trustees, Responsibilities Independent Exarniner's Report ststement of Financial Activities Balan Sheet Notes to the Financial Statements 10-13 Supplementary Information relating to the Financial Statements 15
Dromara Community Group IA company limited by guarantee, not having a Share capltall REFERENCE AND ADMINISTRATIVE INFORMATION Trustees Vaughan Byrne Christine May Gemmell Terenee Hanna Jacqueline Baird John Baird William Grant Cannon Keith Ineson Richard Macmillan Joan Browne Robert Joseph Brian Hunter Wensley Stafford (Appointed 27 February 20231 Chairperson Joan Browne Company Registration Number N1038954 Reglstered Offlce Lagan Park Centre 28a Hillsborough Road Dromara Co. Down BT25 2BL Northem Ireland Prln¢lpal Address 28A Hillsborough Road Dromara Co. Down BT25 2BL Northern Ireland Independent Examiner Daly Park & Company Ltd Chartered Accounlanls 4 Camegie Street Lurgan Co. Armagh BT66 6AS Northern Ireland Principal Bankers Ulster Bank 1A Main Street Ballynahinch Co. Down BT24 8AP Northem Ireland
Dromara Community Group IA company limited by guarantee, not havlng a share eapitall TRUSTEES. ANNUAL REPORT for the financlal year ended 37 December 2023 The trustees present their Trustees, Annual Report. combining the Directors, Report and Trustees. Report, and the unaudited financial statements for the financial year ended 31 December 2023. The financial slalements are prepared In accordance with the Companies Act 2006, FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities.. Statement of Recommend Pra¢lice applicable lo charities preparing their financial ststements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021. The Trustees, Report contains the infomialion required lo be provided in the Trustees, Annual Report under the Statement of Recommended Practice ISORPI guidelines. The trustees of the company are also charity trustees for the purpose of charity law and under the company's constitution arè known as members of the board of trustees. In this report the trustees of Dromara Community Group present a summary of ils purpose, govemance, aclivilies, achievements and finances for the financial financial year 31 Dember 2023. The company is a registered charity and hence the report and results are presented in a form which eomplies wTth the requirements of the Companies Act 2006 and, although not obliged to comply with the Statement of Recommended Practice applicable in the UK and Republic of Ireland FRS 102. the organisalion has implemented its recommendations where relevant in these financial statements. Structure, Governance and Management structure Dromara Community Group is a company limited by guarantee. 11 is governed by its memorandum and articles of association dated 20th March 2013. The company is also registered as a charity with HM revenue and Customs under r8f XR39197 and has yet to be called for registration by the Charity Commission for Northern Ireland. The company is under control of the directors who are, therefore, acting trustees for the charity. Public Benefit The benefits which flow from the purpose include reducing rural isolation among residents. enabllng residents to develop supportive social networks. supporting residents to develop new knowledge and skills and providing opportunities to enjoy local facilities. improve social cohesion and maintain positive mental and physical health. These benefits will be evidence through word-of-mouth and other means of feedback such as online polls in social media, completing surveys, and commenlslconveisalions with local residents including suggestions for future activities and events. In carrying out events and activities including providing facilities for sport, there is always a risk lo participants however, we ensure appropriate policies and training for activity leaders and volunteers that maintain safe standards which ensure the benefits outweigh and mitigate risks. The organisalions benefi¢iaries include local residents across three boroughs for all age groups from under fives lo over 65 years old irrespective of age. gender, ethnic origin. sexual orienlalion. etc. A Private benefit stemming from our activities includes stall holders gaining a wider customer base and activity leaderslgroups broadening their audience profile. However, this is incidental bul necessary to the success and growth of the organisation's purpose. R8vigw of A¢tivttie$, Achievemonts and Performance The principal activity of the Charity is to provide facilities and create opportunities for coming together to meet the needs of the local community of Dromara Village and surrounding districts without distinction to age, sex. race. religious or other opinion. Financial Results At the end of the financial year the company has assets of £160.82312022 - £160,940) and liabilitigs of £60112022 - £6011. The net assets of the company have decreased by £11171. Reserves Position and Policy The trustee5 continue to monitor and update their reserves poliw in order to establish the level of reserves that are required to continue lo provide support and investment into all the proj9cls for the n8xI twelve months.
Dromara Community Group IA Gompany limited by guarantee, FLOt having a shore capital) TRUSTEES. ANNUAL REPORT for the financial year ended 31 December 2023 Trustees The Irustees who served throughout the financial year. except as noted, were as follows.. Vaughan Byrne Christine May Gemmell Terence Hanna Jacqueline Baird John 8aird William Grant Cannon Keith Ineson Richard Macmillan Joan Browne Robert Joseph Brian Hunter Wensley Stsfford (Appointed 27 February 2023) In a¢cordance with Ihe Articles of Association, the trustees retire by rotalion and. being eligible, offer themselves for r&election. Compliance with Sector-wlde Legislation and Standards The company engages pro-actively with legislation. siandards and codes which are developèd for the sector. Dromara Community Group subscribes lo and is compliant with the following.- The Companies Act 2006 The Charities SORP IFRS 102) Approved by the Board of Trustees on and slgned on its behalf by: Christine May Gemmell Director
Dromara Community Group IA cornpany Ilmited by guarantee, not havlng a share ¢apitall STATEMENT OF TRUSTEES. RESPONSIBILITIES for the financial year ended 31 Decernber 2023 The trustees. who are also directors of Dromara Community Group for the purposes of company law, are responsible for preparing the financial slalements in accordance wrth applicable law and regulalions. Company law requires the trustees as the direciors to prepare financial sta18m8nts for each financial year. Under that law the Injslees have elected lo ppa the financial sialements in accordance with United Krngdom Geneially Accepted Accounting Practice {Uniled Kingdom Accoitnting Standards and applicable lawl induding FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. Section 1A Ismall Entilies). Under company law the Iruslees musl not approve the financial statements unless they are satisfied that they give a true and fair view of the slate of affairs of the company and of rhe sutplus or deficit of the company for that period. In pieparing these financial statements, the Iruslees are required lo.. select suitable acwvnling policies and apply Iham consislenlly.. make judgements and estimates that are reasonable and prudent- stale whether the financial slalemenls have been prepared in accordance with the relavanl financial reporting framework. identify those standards, and note the effect and the ieasons for 8ny rnaterial departure from those standards.. an prepare the financial statements on the going concem basi8 unless il is inappropriate lo presume that the Company w311 continue in operation. The Iruslees confirm Ihal they have complied with the above requirements in preparing the financial slatemenis. The Iruslees are responsible for keeping adequate accounting records that are sufficient to show antj explain the companys transactions and disclose with reasonable accuracy 81 any lime the financial position of the company 8nd enable them lo ensure that the financial statements comply with. They are also responsible for safeguardrng the assets of the company and hence for tsking reasonable steps for Ihe prevention and delectlon of fraud and other irregularities. Approved by thè Board of Trustees on and signed on 5ts behalf by: Christine May Gemmell Dlrector c)
Dromara Community Group IA ¢ompany Ilmlted by guarantee, no¢ havlng a share capltall INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF DROMARA COMMUNITY GROUP I have examined the financial statements of the company ft)r the financi81 year ended 31 DeGember 2023, which comprise the Slalement of Financral Activities lincooratIng an Income and Expenditure Accounll. the Balance Sheet and the related notes. This ieport is made solely to the company's membeTS, as a body, in accordancè Chapter 3 of Part 16 of the Companies Act 2006. My work has been undertaken so that I might complle the financial statements that I have been engaged to compile, report to the 8oard of Trustees that I have done so, and slate those matters that I have agreed to state lo them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility lo anyone other than the company and the companls members. as a body. for my work, or for this report. Re$pective responslbllities of trustoes and examlner The company's trustees (who are also the directors of tho company for the purposes of company law) are responsible for the preparation of the financial ststements in accordance with the requirements of the Companies Ad 2006. The company's trustees consider that an audit 5s not required for this financial year and that an independent examination Is required. It is my responslbillty lo-. examine the financial statements under section 145 of the Act.- and state whether particular matters have Come to my attention. Basls of Independant oxamlnèV$ report My examination was carrted out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the cornpany and a comparison of the ffnanclal ststemenls presented with those recoids. 11 also includes consideration of any unusual items or disclosure5 in the financial statements and seeking explanations from the trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequenuy no opinion is given as lo whether the accounts presanl a 'lrue and fail view and the report is limited to those matters sel out in the slalemenl below. Iri connection with my examination. no matter has come to my attention which gives me cause lo beligve that in. any material respect: accounting records were not kept in accordance with seetion 386 of the Companies Act 2006 th8 financial statements do not accord with those accounting records the financial slalemenls do not comply with the accounting requirements of the Charities Act the financial statements have not been prepared in accordance wllh the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable In the UK and Republic of Ireland {FRS1021 there is further infomialion needed for a proper understanding of the accounts to be reached. Independent examinerfs statement I have no concems and have come across no other matters in ¢onneGlion with the examination lo which attention should be drawn in this ort in order lo enable a proper understanding of the financial statem8nts to be reached. DA ARK&CO Ch red Accountants 4 Camegi8 Streèt Lurgan Co. Armagh BT66 6AS Northern Ireland NY LTD Date: 24 Aprll 2024
Dromara Community Group IA company Ilmited by guarantee. not havlng a shar• capiLIll STATEMENT OF FINANCIAL ACTIVITIES Ilneorporating an Incorn8 and Expendlture Accounti for the financial year en(Jed 31 December 2023 Unrestricted Restricted Funds Fund$ 2023 2023 Total Unrestricted Restricted Funds Funds Funds 2023 2022 2022 Total Funds 2022 Notes Incoming Re$ource$ Voluntary Income Activities for generating funds Investments 12.435 12,43S 2,940 10,415 10,415 2,866 2,940 2.866 250 250 Total Incomlng resources 2.940 12.435 15,375 3,116 10,475 13,531 Resources Expendgd Charitable activities 8.933 6.559 15,492 4,056 8,890 12,946 Net incomingloutgolng resources before transfers {5,9931 5,876 (1171 (9401 1.525 585 Gross transfers beeen funds 4,176 14,176) 1.225 11.2251 Net movernent in funds for the financial year {1.817) 1.700 (1171 285 300 585 Reconclliation of funds: Total funds beginning of the year 11 160.039 300 160,339 159,754 159,754 Total funds at the end of the year 158,222 2.000 160,222 160.039 300 160,339 The Statement of Financial Activities includes all gains and losses recognised in the financial year. All incorne and expenditure relate to continuing activities. Th8 notes on pages 10 10 13 form part of the financial statements
Dromara Community Group (A ¢ompany IlmitÉd by guarantee, not havln9 a share capital) Cornp3ny Nsjrnber.. N1038954 BALANCE SHEET as al 31 Decernbei 2023 2023 2022 Notes Fixed Assets Tangible ossels 131,621 131,944 Current Assets Debtors Cash at bank and in hand 40 29.062 436 28.560 29.202 28,996 Creditors: Amounts falling due within one year Net Cuent Assets (6011 16011 28.601 28.395 Totsl Assets less Current Llabilitles 460.222 160.339 Funds Reslrtcted tfust funds General fund {unrestrt"cledl Total funds iooo 158.222 300 160.039 11 160,222 160.339 These financial statements have been prepared in accordance with the special provisions lating lo small cofflpanios within Part 15 of the Companies Act 2006. For the finoncial year ended 31 December 2023 the company was enlilleij lo exemption frorn audil under section 477 of the Companies Act 2006-. and no notice has been deposited under section 476. The Irusle&s confim that the members have not required the company lo oblaln an audit of ils financial slalements for the financial year in question in accordance with section 476 of the Companle5 Act 2006. The trustees acknowledge Iheir responsibilities lor ensuring th81 the Company keeps acrounling records which comply wilh section 386 and for preparing financial statements which give a true and fair view of the slata of affairs uf the company as at the end of the financial year and Df ils profit and loss for the financial year in accordance wilh the roquirèrnenis of section5 394 and 395 and which otherwise comply with the requlrements of the Companies Act 2006 relaiing to financlal statements. so lar as applicable to the company. The financial slatemenls have been prepared ir> occordance with the provisions applicable lo companies subject to th8 Small corrpanles. regime and in accordance wllh FRS 102"The Financial Reporting Standard appliL7ble in the UK and Republlc of Ireland". applwng Section 1A of that Standard. Approved by the Board of Trustees and authorised for issue on behalf by and signed on Its Chr15tine May Gemmell Dlrector The noies on pages 10 10 13 form partof Ihe finandal staternen15
Dromara Community Group IA ¢ompany Ilmited by guarantee, not havlng a shar• eapitall NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 December 2023 GENERAL INFORMATION Dromara Community Group Ss a company limited by guarantee incorporated in Northern Ireland. The registered office of the company is Lagan Park Centre, 28a Hillsborough Road. Drornara. Co. Down. BT25 2BL, Northern Ireland which is also the principal place of business of the company. The financial statements have been presented in Pound 1£) which is also the functional currency of the company. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting policies have been applied consislenlly in dealing with items which are considered material in relation lo the charivs financial statements. statement of compliance The financial statements of the company for the financial year ended 31 December 2017 have beèn prepared on the going concern basis and in accordance wth the Slalemenl of Recommended Practice {SORPI "Accounting and Reporting by Charities pparIng their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102. applying Section 1A of that standard. Incoming Resources Income is recognised by inclusion in the Ststement of Financial Activities only when the company is legally entitled to the income. performance conditions attached lo the item{sl of income have been mel. the amounts involved can be measured with sufficient reliability and it is probable that the income will be received by the company. Resources Expended Expenditure is analysed between costs of charitable activities and raising funds. The costs of each a¢tivily are separately accumulated and disclosed. and analysed according to their major components. Expenditure is recognised when a legal or constructive obligation exists as a result of a past event, a transfer of economic benefits is required in settlement and the amount of the obligation can be reliably measured. Support costs are those functions that assist the work of the company bul cannot be attributed lo one activity. Such costs are allocated to activities in proportion lo staff time spent or other suitable measure for each activity. Tanglble fixed assets and depreclatlon Tangible fixed assets are stated al cost or at valuation. less accumulated depreciation. The charge to depreciation is calculated lo write off the original cost or valuation of tangible fixed assets. less their eslimaled residual value. over their expected useful lives as follows.. Land and buildings freehold Fixtures, fittings and equipment O.SO/o Straight line 200A Straight line Debtors Debtors are reeognised at the settfement amount due after any dlseounl offered. Prepayments are valued at the amount prepaid nel of any trade discounts due. Income recognised by the Company from government agencies and other co-funders, bul not yet received al financial year end, is included in debtors. Cash at bank and in hand Cash at bank and in hand comprises cash on deposit al banks requlring less than three months notice of withdrawal. Taxatlon and deferred taxation No current or deferred laxalion arises as the company has been grant9d charitsble exemption. Irrecoverable valued added tax is gxpgnsed as incurred. INCOME DONATIONS AND LEGACIES Unrestricted . Restricted Funds Funds 2023 2022 Voluntary Income 12,435 12.435 10.415 10
Dromara Community Group IA company limit8d by guarantee. not ha¥lng a share eapitall NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 Dernber 2023 OTHER TRADING ACTIVITIES Unrestricted Reslricted Funds Funds 2023 2022 Activities lo Generate funds 2,940 2.940 2,866 INVESTMENTS Unrestrlcted Restricted Funds Funds 2023 2022 Investments 250 EXPENDITURE CHARITABLE ACTIVITIES Dlrect Costs Other Costs Support Costs 2023 2022 Cost of Charitable Activities 1.523 13.969 15,492 12.946 SUPPORT COSTS Charitable Activitle$ 2023 2022 Repairs and maintenance Bank charges Office expenses Accountancy Fees Fundrising Expenses and Events 692 40 3.397 675 9,165 692 40 3,397 675 9,165 741 95 2,797 650 7,473 13,969 13.969 11.756 ANALYSIS OF SUPPORT COSTS 2023 2022 Repairs and maintenance Bank charges Office expenses Accountancy Fees Fundrising Expenses and Events 692 40 3,397 675 9,165 741 95 2.797 650 7,473 13.969 11,756 NET INCOMING RESOURCES 2023 2022 Net Incoming Resourcos are statsd after ¢hargingl{credltlngl: Depreciation of tangible assets 1.523 1.283 11
Dromara Community Group IA company Ilmlted by guarantee, not having a share capltall NOTES TO THE FINANCIAL STATEMENTS continued for the flnancial year ended 31 December 2023 TANGIBLE FIXED ASSETS Land and Flxtures. bulldlngs flttlngs and freehold equipment Total Cost Al 1 January 2023 Additions 136,266 3,769 1,200 140,035 1,200 At 31 December 2023 136,266 4,969 141,235 Dgpreciation Al 1 January 2023 Charge for the financial year 5,302 681 2,789 8,091 1.523 At 31 December 2023 5,983 3,631 9,614 Net book value Al 31 December2023 130.283 1,338 131,621 At 31 December 2022 130.964 980 131.944 Lisburn Borough Council holds charge over lands and premises of the company. The charge was created on 0910212001. DEBTORS 2023 2022 Prepayments and accrued income 140 436 CREDITORS Amounts falllng due wlthin one year 2023 2022 Accruals and deferred income 601 601 10. RESERVES 2023 2022 At the beginning of the year (Deficilysurplus for the financial year 160.339 (1171 159.754 585 At the end of the yeaT 160.222 160.339 11. FUNDS 11.1 RECONCILIATION OF MOVEMENT IN FUNDS Unrestrlcted Restricted Fund$ Funds Total Funds At 1 January 2022 Movement during the ffnancial year 159,754 285 159.754 585 300 Al 310ecember 2022 Movement during the financial year 160,039 (1.817} 300 1.700 160,339 11171 At 31 December 2023 158.222 2.000 160.222 12
Dromara Community Group IA company limited by guarantee, not havlng a share capital) NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 December 2023 11.2 ANALYSIS OF MOVEMENTS ON FUNDS Balance 1 January 2023 Income Expenditure Transfers Balance between 31 December funds 2023 Restricted funds Restricted - LCCC Unrestricted funds Unrestricted General 300 12,435 6.559 14,1761 2,000 160,039 2.940 8.933 4.176 158.222 Totsl funds 160,339 15,375 15,492 160,222 12. STATUS The company is limited by guarantee not having a share capital. The liability of the members is limited. Every member of the company undertakes to contribute to the assets of the company in the event of ils being wound up while they are members, or within one year thereafter, for the payment of the debts and liabilities of the company contracted before they ceased lo be members, and the costs. charges and expenses of winding up. and for the adjustment of the rights of the contributors among themselves. such amount as may be required. not exceeding £ 1. 13. POST-BALANCE SHEET EVENTS There have been no significant events affecting the Charity since the financial year*nd. 13
DROMARA COMMUNITY GROUP IA company Ilmlted by guarantee, not having a share capltall SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023 14
Dromara Community Group IA company Ilmited by guarantee. not having a share capltall SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS Operating Slalement for the financial year ended 31 December 2023 2023 2022 Income 15,375 13,531 Cost of generating funds Fundraising Expenses 6,615 6,075 6,615 6,075 Gross surplus 8,760 7,456 Expenses Insurance Light and heat Repairs and maintenance Printing, postage and stationery Telephone Computer costs Motor expenses Legal and professional Accountancy Bank charges General expenses Depreciation Charitable donations 1.136 1.844 692 30 387 995 1,087 741 309 235 148 12 650 95 66 1,283 1.250 675 1,523 2,550 8,877 6.871 Net {deficit)Isurplus 11171 585 The supplementary information does not fomi part of the financial statements 15