Dromara Community Group IA company limited by guarantee, not havlng a share capital) TRUSTEES, ANNUAL REPORT for the financial year ended 31 December 2023 The tiuslees present their Trustees, Annual Report, combining the Dlreclors, Report and Trustees, Report, and the unaudited financial statements for the financial year ended 31 December 2023. The financial statements 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 Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)- The Trustees, Report contains the Information required to be provlded in the Trustees, Annual Report under the Statement of Recommended Practice {SORPI guidelines. The Iruslees of the company are also charity trustees for the purpose of charity law and under the company's constitution are known as members of the board of trustees. In this report the truslees of Drornara Community Group present a summary of its purpose, governance, aclivilies. achievements and finances for the financial financial year 31 December 2023. The company is a registered charity and hence the report and results are presented In a form which complies with the requirements of the Companies Ad 2006 and. although not obliged lo Comply with the Statement of Recommended Practice applicable in the UK and Republic of Ireland FRS 102. the organisalion has implemented ils recommendations where relevant in these financial slalements. Structure. Governance and Management Structure Dromara Community Group is a company limited by guarantee. It 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 f XR39197 and has yet lo 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. enabling 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 commenlslconversalions with local residents including suggestions for future activities and events. In carrying out events anij activities including providing facilities for sport, the is always a risk to partiapants however. we ensure approprTale policies and training for activity leaders and volunteers that maintain safe standards which ensure the benefits oUe1gh and mitigate risks. The organisations beneficiaries include local residents across three boroughs for all age groups from under fives to over 65 years old irrespective of age, gender, ethnic origin. sexual orientation. 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 lo the success and growth of thg organisalion's purpose. Review of A¢tivities, A¢higvemonts and Perfomiance The piincipal activity of the Charity is lo provide facilitie5 and create opportunities for coming together lo meet the needs of the local community of Dromara Village and surrounding districts without distinction to age. sex. ra, religious or other opinion. Flnanclal Results At the end of the financial year the company has assets of £160.823 {2022 - £160.9401 and liabilities of £60112022 - £6011. The nel assets of the company have decreased by £11171. Reserves P051tion and Policy The trustees continue to monitor and update their reseNes pollcy in order to establish the level of reserves that are required lo contlnue to provide support and investment into all the prolee15 for the next e1ve months.
Dromara Community Group IA GDrnpany limited by 9uarantee. nDt having a share capitall TRUSTEES. ANNUAL REPORT for the financial year ended 31 December 2023 Trustees The Ifuslees who served throughout the financtal year. except as noted. were as follows.. Vaughan Byrne Christine May Gemmell Terence Hanna Jacqueline Baird John Baird William GTrnt Cannon Keith Ineson Richard Macmillan Joan Browne Robert Joseph BrFan Hunter Wensley Stsfford (Appointed 27 February 20231 In a¢¢ordaftce wlh the Articles of Association, the trustees retire by rotslion and, being eligiblE. offer themselves for reolection. Compliance with Sector-wide Legislation and Standards The company engages pro-actively wsth legislation, standards and codes which aTe developed lor the sector. Orornard Community Group subscribes lo and is compliant witt) the following- The Compani&s Act 2006 The Charities SORP {FRS 1021 Approved by the Board of Trustees on and slgned on its behalf by: Christine May Gemmell Director