Charity registration number NIC109659
Company registration number NI634988 (Northern Ireland)
C.O.A.S.T. (CAUSEWAY OLDER ACTIVE STRATEGIC TEAM)
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
C.O.A.S.T. (CAUSEWAY OLDER ACTIVE STRATEGIC TEAM)
CONTENTS
Page
Charity Information
1
Trustees' report
2 - 4
Independent examiner's report
5
Statement of financial activities
6
Balance sheet
7
Notes to the financial statements
8 - 16
C.O.A.S.T. (CAUSEWAY OLDER ACTIVE STRATEGIC TEAM)
LEGAL AND ADMINISTRATIVE INFORMATION
- 1 -
Trustees
Eugene McFeely
Ellen Bell
Mary McCrea
Catherine Taylor
Angela Mulholland
(Appointed 13 March 2024)
Karen Scrivens
(Appointed 25 March 2024)
Secretary
Eugene McFeely
Charity number
NIC109659
Company number
NI634988
Registered office
Old Roe Valley Hospital
Office 12
24D Benevenagh Drive
Limavady
BT49 0AQ
Independent examiner
Moore (NI) LLP
21-23 Clarendon Street
Derry-Londonderry
BT48 7EP
Bankers
Danske Bank
PO Box 183
Donegall Square West
Belfast
BT1 6JS
C.O.A.S.T. (CAUSEWAY OLDER ACTIVE STRATEGIC TEAM)
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
- 2 -

The trustees present their annual report and financial statements for the year ended 31 March 2024.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Memorandum and Articles of Association, the Companies Act 2006 and "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)" (effective 1 January 2019).

Objectives and activities

Causeway Older Active Strategic Team (C.O.A.S.T) is Northern Ireland's first regional older people's network, for Causeway Coast and Glens. C.O.A.S.T. is an interagency partnership, with over 35 partners from both the statutory and C & V sector, which aims to improve the health and well-being of those aged 60 and over by ensuring the voice of older people is heard, promoting and sharing of resources and strategic collaborative working across the Causeway Coast and Glens area. The Strategic Partnership meet quarterly to share ideas, good practice, information and to work collaboratively ensuring we are continuing to meet the changing needs of older people. We have a range of services including Good Morning Causeway, Good Morning Ballycastle, lunch clubs, social activities, networking events, best practice visits, older people's forums and our handyman service.

 

Our aims, objectives and activities are reviewed, monitored and assessed through our ongoing programme of regular committee meetings. The committee is made up of individuals within the statutory, business, voluntary and community sectors.

Public benefit

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Achievements and performance
Significant activities and achievements against objectives

C.O.A.S.T. have been able to secure funding to ensure the continuous delivery of all core services including Handyman, Older People's Forums, Good Morning Projects and activities for groups as well as developing a new project that will connect older people back into their local community and relevant services. C.O.A,S,T, have continued to ensure the voice of older people is heard at all levels by engaging with Health Trusts, Council, Government and other organisations.

Financial review

The charity relies principally upon grant funding and donations. The committee has managed to secure funding during the year from The National Lottery Community Fund, Western Health and Social Care Trust, Causeway Coast and Glens Borough Council, Northern Health and Social Care Trust, Main Grants Awards, Honourable Irish Society, Triangle Housing and Ulster Garden Village. This has been sufficient to cover the current operating and project costs of the charity.

Reserves policy

The Trustees have examined the charity's requirements for reserves in light of the main risks to the organisation. The reserves are needed to meet the working capital requirements of the charity. The long term strategy is to continue to build reserves through planned operating surpluses. In the short term the Trustees have also considered the extent to which existing activities and expenditure could be curtailed should circumstances arise.

Structure, governance and management

The charity is a company limited by guarantee incorporated on 23 November 2015. The company was established under a Memorandum of Association and is governed by its Articles of Association. Member's liability in the event of the company being wound up is limited to £1. The charity was registered with the Charity Commission for Northern Ireland on 26 September 2023.

C.O.A.S.T. (CAUSEWAY OLDER ACTIVE STRATEGIC TEAM)
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 3 -

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Eugene McFeely
Ellen Bell
Nigel Handforth
(Resigned 19 August 2024)
Mary McCrea
Catherine Taylor
Thomas Stewart
(Appointed 17 May 2023 and resigned 15 December 2023)
Angela Mulholland
(Appointed 13 March 2024)
Karen Scrivens
(Appointed 25 March 2024)
Recruitment and appointment of trustees

Under the requirements of the Memorandum and Articles of Association trustees are elected at an Annual General Meeting from amongst those persons nominated by the Ordinary Members. The trustees have the power at any time to appoint any person to be a trustee, either to fill a casual vacancy or as an addition to the existing trustees. Any trustee so appointed serves only until the next Annual General Meeting at which trustees are to be elected and are then eligible for re-election. A retiring trustee is eligible for re-election.

 

None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

Statement of trustees' responsibilities

The trustees, who are also the directors of C.O.A.S.T. (Causeway Older Active Strategic Team) for the purpose 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).

 

Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

 

In preparing these financial statements, the trustees are required to:

 

- select suitable accounting policies and then apply them consistently;

 

- observe the methods and principles in the Charities SORP;

 

- make judgements and estimates that are reasonable and prudent;

 

- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

 

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. 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.

C.O.A.S.T. (CAUSEWAY OLDER ACTIVE STRATEGIC TEAM)
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 4 -

The trustees' report was approved by the Board of Trustees.

Mary McCrea
Catherine Taylor
Trustee
Trustee
14 October 2024
C.O.A.S.T. (CAUSEWAY OLDER ACTIVE STRATEGIC TEAM)
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF C.O.A.S.T. (CAUSEWAY OLDER ACTIVE STRATEGIC TEAM)
- 5 -

I report on the financial statements of the charity for the year ended 31 March 2024, which are set out on pages 6 to 16.

Respective responsibilities of trustees and examiner

The trustees, who are also the directors of C.O.A.S.T. (Causeway Older Active Strategic Team) for the purposes of company law, 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:

(i)

examine the accounts under section 65 of the Charities Act

(ii)

follow the procedures laid down in the general directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act

(iii)

to state whether particular matters have come to our attention.

Basis of independent examiner's report

I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance 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 included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters.

 

My role is to state whether any material matters have come to my attention giving us cause to believe:

 

1. That accounting records were not kept in accordance with section 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 information needed for a proper understanding of the accounts to be reached.

 

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.

(a)
which gives me reasonable cause to believe that in any material respect the requirements:
(i)

to keep accounting records in accordance with section 386 of the Companies Act 2006; and

(ii)

to prepare financial statements which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities;

have not been met or
(b)

to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.

John Love FCA
For and on behalf of Moore (N.I) LLP
21-23 Clarendon Street
Derry-Londonderry
BT48 7EP
Dated: 14 October 2024
C.O.A.S.T. (CAUSEWAY OLDER ACTIVE STRATEGIC TEAM)
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
- 6 -
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2024
2024
2024
2023
2023
2023
Notes
£
£
£
£
£
£
Income from:
Donations and legacies
3
5,335
-
5,335
1,685
-
1,685
Charitable activities
4
775
166,420
167,195
3,730
134,252
137,982
Total income
6,110
166,420
172,530
5,415
134,252
139,667
Expenditure on:
Charitable activities
5
3,921
177,666
181,587
11,365
153,054
164,419
Total expenditure
3,921
177,666
181,587
11,365
153,054
164,419
Net income/(expenditure)
2,189
(11,246)
(9,057)
(5,950)
(18,802)
(24,752)
Transfers between funds
16,151
(16,151)
-
8,287
(8,287)
-
Net movement in funds
6
18,340
(27,397)
(9,057)
2,337
(27,089)
(24,752)
Reconciliation of funds:
Fund balances at 1 April 2023
41,461
59,843
101,304
39,124
86,932
126,056
Fund balances at 31 March 2024
59,801
32,446
92,247
41,461
59,843
101,304

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

C.O.A.S.T. (CAUSEWAY OLDER ACTIVE STRATEGIC TEAM)
BALANCE SHEET
AS AT 31 MARCH 2024
31 March 2024
- 7 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
10
19,668
-
Current assets
Debtors
11
16,010
933
Cash at bank and in hand
60,304
103,407
76,314
104,340
Creditors: amounts falling due within one year
12
(3,735)
(3,036)
Net current assets
72,579
101,304
Total assets less current liabilities
92,247
101,304
Net assets
92,247
101,304
The funds of the charity
Restricted income funds
14
32,446
59,843
Unrestricted funds
59,801
41,461
92,247
101,304

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2024.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the trustees on 14 October 2024
Mary McCrea
Catherine Taylor
Trustee
Trustee
Company registration number NI634988 (Northern Ireland)
C.O.A.S.T. (CAUSEWAY OLDER ACTIVE STRATEGIC TEAM)
NOTES TO THE  FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
- 8 -
1
Accounting policies
Charity information

C.O.A.S.T. (Causeway Older Active Strategic Team) is a private company limited by guarantee incorporated in Northern Ireland. The registered office is Old Roe Valley Hospital, Office 12, 24D Benevenagh Drive, Limavady, BT49 0AQ.

1.1
Accounting convention

The financial statements have been prepared in accordance with the charity's [governing document], the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.

 

The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4
Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
C.O.A.S.T. (CAUSEWAY OLDER ACTIVE STRATEGIC TEAM)
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
1
Accounting policies
(Continued)
- 9 -
1.5
Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

 

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1.6
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
15% Reducing Balance
Motor vehicles
20% Straight Line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7
Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8
Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9
Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

C.O.A.S.T. (CAUSEWAY OLDER ACTIVE STRATEGIC TEAM)
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
1
Accounting policies
(Continued)
- 10 -
Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.10
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Critical accounting estimates and judgements

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 accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Income from donations and legacies
Unrestricted
Unrestricted
funds
funds
2024
2023
£
£
Donations and gifts
5,335
1,685
C.O.A.S.T. (CAUSEWAY OLDER ACTIVE STRATEGIC TEAM)
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 11 -
4
Charitable activities

Older people's activities

Older people's activities

2024
2023
£
£
Performance related grants
166,420
136,252
Other income
775
1,730
167,195
137,982
Analysis by fund
Unrestricted funds
775
3,730
Restricted funds
166,420
134,252
167,195
137,982
Performance related grants
The National Lottery Community Fund
91,713
94,847
Causeway Coast & Glens District Council
30,000
20,000
Northern Health & Social Care Trust
3,709
2,941
Western Health & Social Care Trust
6,019
5,968
Main Grants Award
8,612
4,500
Hon Irish Society
1,500
2,000
Triangle Housing
4,590
-
Building Community Resource Centre
-
5,996
Ulster Garden Village
20,277
-
166,420
136,252
C.O.A.S.T. (CAUSEWAY OLDER ACTIVE STRATEGIC TEAM)
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 12 -
5
Expenditure on charitable activities
2024
2023
£
£
Direct costs
Staff costs
61,548
49,576
Depreciation and impairment
4,840
-

Group support

62,073
50,109

Other activity costs

27,356
23,792

Travel expenses

4,163
2,901

Rent

7,488
6,072

Insurance

1,656
1,567

Printing, stationery & postage

7,157
7,764

Telephone

495
298

Accountancy fees

1,060
840

Bank charges

210
230

General expenses

3,156
18,770

Legal & professional fees

385
2,500
181,587
164,419
Analysis by fund
Unrestricted funds
3,921
11,365
Restricted funds
177,666
153,054
181,587
164,419
6
Net movement in funds
2024
2023
£
£
The net movement in funds is stated after charging/(crediting):
Depreciation of owned tangible fixed assets
4,840
-
7
Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
8
Employees

The average monthly number of employees during the year was:

2024
2023
Number
Number
3
3
C.O.A.S.T. (CAUSEWAY OLDER ACTIVE STRATEGIC TEAM)
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
8
Employees
(Continued)
- 13 -
Employment costs
2024
2023
£
£
Wages and salaries
60,343
48,561
Other pension costs
1,205
1,015
61,548
49,576
There were no employees whose annual remuneration was more than £60,000.
9
Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

10
Tangible fixed assets
Plant and equipment
Motor vehicles
Total
£
£
£
Cost
Additions
1,237
23,271
24,508
At 31 March 2024
1,237
23,271
24,508
Depreciation and impairment
Depreciation charged in the year
186
4,654
4,840
At 31 March 2024
186
4,654
4,840
Carrying amount
At 31 March 2024
1,051
18,617
19,668
11
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
15,000
-
Prepayments and accrued income
1,010
933
16,010
933
C.O.A.S.T. (CAUSEWAY OLDER ACTIVE STRATEGIC TEAM)
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 14 -
12
Creditors: amounts falling due within one year
2024
2023
£
£
Other taxation and social security
2,775
2,236
Accruals and deferred income
960
800
3,735
3,036
13
Retirement benefit schemes
2024
2023
Defined contribution schemes
£
£
Charge to profit or loss in respect of defined contribution schemes
2,410
2,030

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

C.O.A.S.T. (CAUSEWAY OLDER ACTIVE STRATEGIC TEAM)
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 15 -
14
Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

Movement in funds
Movement in funds
Balance at
1 April 2022
Incoming resources
Resources expended
Transfers
Balance at
1 April 2023
Incoming resources
Resources expended
Transfers
Balance at
31 March 2024
£
£
£
£
£
£
£
£
£
The National Lottery Community Fund
56,085
94,847
(98,127)
(7,000)
45,805
91,713
(124,225)
-
13,293
Causeway Coast & Glens District Council
24,196
20,000
(39,527)
-
4,669
30,000
(27,192)
-
7,477
Northern Health & Social Care Trust
2,718
2,941
(2,242)
-
3,417
3,709
(1,644)
-
5,482
Western Health & Social Care Trust
3,933
5,968
(3,950)
-
5,952
6,019
(7,095)
-
4,876
Main Grants Award
-
-
-
-
-
8,612
(8,324)
-
288
Hon Irish Soc
-
-
-
-
-
1,500
(1,500)
-
-
Triangle Housing
-
-
-
-
-
4,590
(3,560)
-
1,030
Ulster Garden Village
-
-
-
-
-
20,277
(4,055)
(16,222)
-
B&Q Foundation
-
4,500
(4,502)
2
-
-
-
-
-
PHA
-
5,996
(4,707)
(1,289)
-
-
(71)
71
-
86,932
134,252
(153,054)
(8,287)
59,843
166,420
(177,666)
(16,151)
32,446
C.O.A.S.T. (CAUSEWAY OLDER ACTIVE STRATEGIC TEAM)
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 16 -
15
Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 April 2023
Incoming resources
Resources expended
Transfers
At 31 March 2024
£
£
£
£
£
Grant funded fixed assets
-
-
-
16,222
16,222
General funds
41,461
6,110
(3,921)
(71)
43,579
41,461
6,110
(3,921)
16,151
59,801
Previous year:
At 1 April 2022
Incoming resources
Resources expended
Transfers
At 31 March 2023
£
£
£
£
£
General funds
39,124
5,415
(11,365)
8,287
41,461
16
Analysis of net assets between funds
Unrestricted
Restricted
Total
funds
funds
2024
2024
2024
£
£
£
At 31 March 2024:
Tangible assets
19,110
558
19,668
Current assets/(liabilities)
40,691
31,888
72,579
59,801
32,446
92,247
Unrestricted
Restricted
Total
funds
funds
2023
2023
2023
£
£
£
At 31 March 2023:
Current assets/(liabilities)
41,461
59,843
101,304
41,461
59,843
101,304
17
Related party transactions

There were no disclosable related party transactions during the year (2023 - none).

2024-03-312023-04-01falseCCH SoftwareiXBRL Review & Tag 2022.2NI6349882023-04-012024-03-31NI634988bus:Director12023-04-012024-03-31NI634988bus:Director22023-04-012024-03-31NI634988bus:Director42023-04-012024-03-31NI634988bus:Director52023-04-012024-03-31NI634988bus:Director72023-04-012024-03-31NI634988bus:Director82023-04-012024-03-31NI634988bus:CompanySecretary12023-04-012024-03-31NI634988bus:Director32023-04-012024-03-31NI634988bus:Director62023-04-012024-03-31NI6349882024-03-31NI6349882023-03-31NI6349882022-04-012023-03-31NI634988bus:FRS1022023-04-012024-03-31NI634988bus:IndependentExaminationCharity2023-04-012024-03-31NI634988bus:FullAccounts2023-04-012024-03-31xbrli:purexbrli:sharesiso4217:GBP