E-sign ID.. db4e8f88-Oc7740b8-92e8-f97a239b9fb6 Company registration number: N1683031 Charity registration number.. 108401 Dechomet Community Group Ltd (A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 October 2023
E-sign ID.. db4e8f88-Oc7740b8-92e8-f97a239b9fb6 Dechomet Community Group Ltd Contents Reference and Administrative Details Trustees, Report 2to4 Independent Examiner's Report 5t06 Statement of Financial Activities 7t08 Balance Sheet Notes to the Financial Statements 10t014
E-sign ID.. db4e8f88-Oc7740b8-92e8-f97a239b9fb6 Dechomet Community Group Ltd Reference and Administrative Details Charity Registration Number 108401 Company Registration Number N1683031 The charity is incorporated in Northern Ireland. 1 Closkelt Road Castlewellan Co Down BT319QE Registered Office Independent Examiner KPS Accountants Limited 50A Main Str*t Newcasue Co Down BT33 OAD Page 1
E-sign ID.. db4e8f88-Oc7740b8-92e8-f97a239b9fb6 Dechomet Community Group Ltd Trustees. Report The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements and auditors. report of the charitable company for the year ended 31 October 2023. Objectives and activities Objects and aims Dechomet Community Group Ltd is based in a rural isolated Community in Co Down, In the period of this report we ran a successful set of activities in the heart of the community bringing the community together promoting social inclusion to all regardless of race, national or ethnic origin, disability, age, gender, sexual orientation, transgender identity or religionlbelief. Dechomet Community Group Ltd is established to" .Promote the health and well-being of the inhabitants (beneficiaries) of Dechomet, helping to improve life expectancy and the avoidance of premature deaths .The promotion of good community relations among the beneficiaries regardless of religious belief, political opinion, marital status or sexual orientation .To promote social inclusion, reduce isolation and increase social nelworks for the inhabitants of Dechomet and surrounding rural area., .To advan education, personal development and facilitate shared learning for all residents of the area of benefit., .To promote community development and capacity building through establishing activity programmes that will engage the beneficiaries, young and old, and lead to improved confidence and self*steem and a reduction of anti-social behaviour and crime in this isolated, rural area. Objectives, strategies and activities We applied for and successful in attracting funding from several agencies including Awards for all and Newry and Mourne council This funding enabled us to provide programs in the heart of the community for all the community at a time when our community was still suffering the aftereffects of COVID and the lack of programs in the area. We ran a successful Christmas event in December wth a Christmas Tree switch on and a video of Santa visiting both Dechomet and Drumadonnell primary school and leaving a selection box for all the children. This was shared on our social channels aimed at both young and old. In the spring we launched a successful Yoga program for the ladies in the community at the local school hall and continued into the Autumn months which was well attended and supported throughout the year. As we moved into the summer we provided a very successful summer scheme facilitated by an CoreKidsNI for Circa 120 children in the community providing a free Summer scheme for one week at the height of the summer that was well attended and enjoyed by all. We used social media, the local schools and word of mouth to promote these events and we were very grateful to the funding bodies for their support. The majority of this funding was spent in 2023 and we were able to continue these activities into 2024 with a Surplus that was not spent in the accounting period. Page 2
E-sign ID.. db4e8f88-Oc7740b8-92e8-f97a239b9fb6 Dechomet Community Group Ltd Trustees. Report Trustees and officers The trustees and offirS serving during the year and since the year end were as follows.. Trustees.. Liam Patrick Doyle Martin Kearney Margaret Mary Doyle Roisin O'Higgins Karen Malcomson Structure. governance and management Governing document The charity is controlled by its goveming document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. Risk management The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Statement of trustees. responsibilities The trustees {who are also the directors of Dechomet Community Group Ltd for the purposes of company law) are responsible for preparing the trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland" Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to.. select suitable accounting policies and apply them consistently., observe the methods and principles in the Charities SORP" make judgements and estimates that are reasonable and prudent., state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements., and prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charitable company will continue in business. Page 3
E-sign ID.. db4e8f88-Oc7740b8-92e8-f97a239b9fb6 Dechomet Community Group Ltd Trustees. Report The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitsble company and enable them to ensure that the financial statements comply with the Companies Act 2006and Charities Act (Northern Ireland) 2008. They are also responsible for safeguarding the assets of the charitable company and hen for tsking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation goveming the preparation and dissemination of financial ststements may differ from legislation in otherjurisdictions. The annual report was approved by the trustees of the charity on 24 February 2025 and signed on its behalf by.. M Keamey 241Feb12025 11.'44'.44 Martin Kearney Trustee Page 4
E-sign ID.. db4e8f88-Oc7740b8-92e8-f97a239b9fb6 Dechomet Community Group Ltd Independent Examiner's Report to the trustees of Dechomet Community Group Ltd {'the Company.) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 October 2023. Responsibilities and basis of report As the charity trustees {and also the directors of the company for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the charity is not subject to audit under company law, and is eligible for independent examination, it is my responsibility to= examine the accounts under section 65 of the Charities Act (Northem Ireland) 2008., follow the prOdureS laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act., and state whether particular matters have come to my attention. Basis of independent examinerfs report I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordan with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees conceming any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe.. 1. That accounting records were not kept in accordance with sects.on 386 of the Companies Act 2006 2. That the accounts do not accord with those accounting records 3. That the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland 4. That there is further infomiation needed for a proper understanding of the accounts to be reached. Page 5
E-sign ID.. db4e8f88-Oc7740b8-92e8-f97a239b9fb6 Dechomet Community Group Ltd Independent Examiner's Report to the trustees of Dechomet Community Group Ltd {'the Company.) Independent examiner's statement I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. N Toner 241Feb12025 11..45=35 Nicole Toner ACCA KPS Accountants Ltd 50A Main Street Newcastle Co Down BT33 OAD 24 February 2025 Page 6
E-sign ID.. db4e8f88-Oc7740b8-92e8-f97a239b9fb6 Dechomet Community Group Ltd Statement of Financial Activities for the Year Ended 31 October 2023 {Including Income and Expenditure Account and Ststement of Totsl Recognised Gains and Losses) Unrestricted funds Total 2023 Note Income and Endowments from: Donations and legacies Other trading activities 9,990 2,086 9,990 2,086 Total income 12,076 12,076 Expenditure on: Raising funds Charitable activities (6.113) (874) (6,1131 (874) Total expenditure (6,987) (6,9871 Net income 5,089 5,089 Net movement in funds 5,089 5,089 Reconciliation of funds Total funds brought forNard Total funds carried forward 234 234 4,855 4,855 The notes on pages 10 to 14 fomi an integral part of these financial statements. Page 7
E-sign ID.. db4e8f88-Oc7740b8-92e8-f97a239b9fb6 Dechomet Community Group Ltd Statement of Financial Activities for the Year Ended 31 October 2023 {Including Income and Expenditure Account and Ststement of Totsl Recognised Gains and Losses) Unrestricted funds Total 2022 Note Income and Endowments from: Donations and legacies Other trading activities 12,224 1,781 12,224 1,781 Total income 14,005 14,005 Expenditure on: Raising funds Charitable activities (11,420) (2,819) {11,4201 (2,8191 Total expenditure (14,239) {14,239) Net expenditure Net movement in funds 234 234 (234) (234) Reconciliation of funds Total funds carried forward 234 234 All of the charity's activities derive from continuing operations during the above tsvo periods. The funds breakdown for 2022 is shown in note 8. The notes on pages 10 to 14 fomi an integral part of these financial statements. Page 8
E-sign ID.. db4e8f88-Oc7740b8-92e8-f97a239b9fb6 Dechomet Community Group Ltd (Registration number: N1683031) Balance Sheet as at 31 October 2023 2023 2022 Note Current assets Cash at bank and in hand 5,515 Creditors: Amounts falling due within one year Net assetsl(liabilities) (660) (600) 4,855 234 Funds of the charity: Unrestricted income funds Unrestricted funds 4,855 (234) Total funds 4,855 (234) The financial statements on pages 7 to 14 were approved by the trustees, and authorised for issue on 24 February 2025 and signed on their behalf by: M Kearney 241Feb12025 11=44'.44 Martin Kearney Trustee The notes on pages 10 to 14 fomi an integral part of these financial statements. Page 9
E-sign ID.. db4e8f88-Oc7740b8-92e8-f97a239b9fb6 Dechomet Community Group Ltd Notes to the Financial Statements for the Year Ended 31 October 2023 1 Charity status The charity is limited by guarantee, incorporated in Northem Ireland, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £Nil towards the assets of the charity in the event of liquidation. The address of its registered office is.. 1 Closkelt Road Castlewellan Co Down BT319QE These financial statements were authorised for issue by the trustees on 24 February 2025. 2 Accounting policies Summary of significant accounting policies and key accounting estimates The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless othewise ststed. Statement of compliance The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)) (issued in October 2019} {Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Basis of preparation Dechomet Community Group Ltd meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otheiSe stated in the relevant accounting policy notes. Income and endowments All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably. Donations and legacies Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting perioj. Page 10
E-sign ID.. db4e8f88-Oc7740b8-92e8-f97a239b9fb6 Dechomet Community Group Ltd Notes to the Financial Statements for the Year Ended 31 October 2023 Grants CeiVable Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balan sheet as deferred income to be released. Expenditure All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. Raising funds These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds. Governance costs These include the costs attributable to the charity's compliance with constitutional and statutory requirements, including audiL strategic management and trustees meetings and reimbursed expenses. Taxation The charity is exempt from corporation tax on its charitable acb"vities. Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits. and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Fund structure Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity. Page 11
E-sign ID.. db4e8f88-Oc7740b8-92e8-f97a239b9fb6 Dechomet Community Group Ltd Notes to the Financial Statements for the Year Ended 31 October 2023 3 Income from donations and legacies Unrestricted funds General Total funds Grants, including capital grants; Grants from other charities 9,990 9,990 Totsl for period ended 31 October 2023 9,990 9,990 Totsl for period ended 31 October 2022 12,224 12,224 4 Income from other trading activities Unrestricted funds General Total funds Trading income., Other trading income 2,086 2,086 Totsl for period ended 31 October 2023 2,086 2,086 Totsl for period ended 31 October 2022 1,781 1,781 5 Taxation The charity is a registered charity and is therefore exempt from taxation. 6 Cash and cash equivalents 2023 2022 Cash at bank 5,515 366 7 Creditors: amounts falling due within one year 2023 2022 Accruals 660 600 Page 12
E-sign ID.. db4e8f88-Oc7740b8-92e8-f97a239b9fb6 Dechomet Community Group Ltd Notes to the Financial Statements for the Year Ended 31 October 2023 8 Funds Balance at 1 November 2022 Incoming resources Resources expended Balance at 31 October 2023 Unrestricted funds General (234) 12,076 (6,987) 4,855 Incoming resources Resources expended Balance at 31 October 2022 Unrestricted funds General 14,005 (14,239) (234) 9 Analysis of net assets between funds Unrestricted funds General Total funds at 31 October 2023 Current assets Current liabilities 5,515 (660) 5,515 (660) Total net assets 4,855 4,855 Unrestricted funds General Total funds at 31 October 2022 Current assets Current liabilities 366 (600) 366 (600) Total net assets (234) (234) Page 13
E-sign ID.. db4e8f88-Oc7740b8-92e8-f97a239b9fb6 Dechomet Community Group Ltd Notes to the Financial Statements for the Year Ended 31 October 2023 10 Analysis of net funds At1 November 2022 At31 October 2023 Cash at bank and in hand 366 366 Net debt 366 366 At31 October 2022 At13 October 2021 Net debt Page 14
E-sign ID.. db4e8f88-Oc7740b8-92e8-f97a239b9fb6 Dechomet Community Group Ltd Statement of Financial Activities by fund for the Year Ended 31 October 2023 Unrestricted Funds Total Total Unrestricted Unrestricted Funds Funds 2023 2022 Income and Endowments from: Donations and legacies Other trading activities 9,990 2,086 12,224 1,781 Total income 12,076 14,005 Expenditure on: Raising funds Charitable activities (6,113) 874 (11,4201 2,819 Total expenditure (6,987) (14,239) Net incomel(expenditure) 5,089 {234) Net movement in funds 5,089 (2341 Reconciliation of funds Total funds brought forward (234) Total funds carried forward 4,855 234 This page does not form part of the statutory financial statements. Page 15
E-sign ID.. db4e8f88-Oc7740b8-92e8-f97a239b9fb6 Dechomet Community Group Ltd Detailed Statement of Financial Activities for the Year Ended 31 October 2023 Total 2023 Total 2022 Income and Endowments from: Donations and legacies (analysed below) Other trading activities (analysed below) Total income 9,990 2,086 12,224 1,781 12,076 14,005 Expenditure on: Raising funds (analysed below) Charitable activities (analysed below) Total expenditure (6,113) 1874 {11,420) (2,819 (6,987) {14,239} Net incomel(expenditure) 5,089 {234) Net movement in funds 5,089 (2341 Reconciliation of funds Total funds brought forward (234) Total funds carried forward 4,855 234 This page does not form part of the statutory financial statements. Page 16
E-sign ID.. db4e8f88-Oc7740b8-92e8-f97a239b9fb6 Dechomet Community Group Ltd Detailed Statement of Financial Activities for the Year Ended 31 October 2023 Total 2023 Total 2022 Donations and legacies Appeals and donations Grants and subsidies 200 12,024 9,990 9,990 12,224 Other trading activities Activity income Other 2,086 947 834 2,086 1,781 Raising funds Cost of activities Subcontract cost (5.513) (600) (10,540) {880) (6,113) (11,420) Charitable activities Insuran Charitable donations Sundry expenses Independent examiner's fee Bank charges {249) 100 (2301 (1,868) (62) (6001 (59) (2,8191 {660) (65) 1874) This page does not form part of the statutory financial statements. Page 17