The Corrymeela Community
(a company limited by guarantee)
Statement of financial actiVRties (incorporating summary income and expenditure
account) for the year ended 31 March 2023
Unreslricted
Funds
Resiricied Total funds
runds
2023
Tolal funds
2022
Nole5
Income and Endowments
Income from generAted funds
Donaiions and legacies
Oiher trading aclivilies
Income from inveslmenls
8.975
359,975
3.704
26,619
100,0
628,378
5.67.1
9.440
26.619
Capital grants
Income from charit8ble activities
ResidLnlial income
i ¢J).o
546,083
546,083
609,307
149,012
616.469
Other projecls
Other income
Sundry income
Exchange rate gain
Tvtsl infome and endowments
61,432
668
989.546
718.242
1,707,788
,420,310
Expendlture
Expenditure on roisin8 fund5
Cosls of generaling voluniary income
Fundraisin8 Irading: cost of goods sold and
other c051s
Expenditure on charitable a¢livitles
Project work
Residenlial expenses
Other outgoing resources
Loss on disposal of asse
Total resources expendedlexpenditure
Gain l (L05s) on inveslmenl asseis
71,150
71,150
304
58,552
121,438
886,067
580.994
702,432
915a84
508,840
690.069
576
576
62
1,079,535
{24,746)
610,311
1,689046
(24,746)
1,262.446
27,904
10
Nel income before transfers
{114,7.15}
99,9.31
(14,804)
5,8.15,110
5.820.506
107,931
(99,931)
8.0(Y)
487.771
(6004)
185,768
Gross iransfers between funds
15& 16
Net movement in Ivnds
Fund balanees brought forward at l April
Fund balan¢es carried forward at 31 Marcii
(6004)
6J23,081
6?16,277
185.768
6,117,111
6,123.081
15& 16
495,771
The siatemenl of financial acliviiie5 includes all gains and1055es recognised in the year.
All income and expendilure derive from coniinuing aclivilies.
The siaiemeni of financial activities also complies with the requirements lor an income and expenditure account under the
Companies Aci 20ffi.
The noies on pages 20 10.34 form parl of Ihese financial siaiemenls.
17

The Corrymeela Community
(a company limited by guarantee)
Balance sheet as at 31 March 2023
Total funds
2023
Toial funds
2022
No*s
Fixed assets
Tangible assels
Inveslmenis
4,081.633
395.745
4,477,378
.864.8
10
421).118
Tot￿ fixed assets
4,284.924
Current a&se¢s
Debiors
12
99,974
1,930,492
2,030,465
(191567)
1,838,898
6,316,277
6,316,277
Cd4h ai bank ond in hand
2.110,990
Total turrenl a55ets
2,179,167
(141.1.15)
2,036,232
6.323,081
6,12.1,081
CrLdilors'. amounis falling due within one year
Net current assets
Tolal assets less current liabilities
Net assets
Total funds of Ihe charity:
Unrestricted income funds
General
15
574 J03
5.246,203
SJ120J06
495,771
6J16,277
574,908
5.260.402
5.815,310
487,771
6.-323.081
Designaied
15
Restricted income funds
16
Total charily funds
ThL'sL financial SlalLTrmenis havL l)een prL'pared in accorduncL wilh ihe pr(>visions applicable 10 compani¥'y subject 10 ihe small
L()mpanies regimL.
ThL IILC()unls wLf¥ approved by ihe Council on 271h June 2023.
Brid Cullen
Chair
Edward Lane
Honorary Treasuttr
The noles on pages 20 10_14 form part of ih¢s¢ financial staiements,
18

The Corrymeela Community
(a company limited by guarantee)
Registered number: Nl 06823
Statement of cash flows for the year ended 31 March 2023
Note
2023
2022
Cashflows from operating activilies
Cash generaied from operations
nvesting Activities
Invesimeni income
133,952
278,724
7,925
18,694
(340,696)
6,994
2.446
Inieresl received
Purchase of iangible fixed asse1$
Addilions io invesimen(S
(30,954)
30,581
(9,172)
Disposal of investments
Net cAsh used in investing aetivities
(314ASO)
6,657
Increase In ¢ash And eash equivalents in the year
(180,498)
285,181
Cash and cash equivalenls ai Ihe be8innin8 of (he
ear
2,110,990
1.825,609
Cash and cash equivalents al Ihe end of Ihe year
1,930,492
2,110,990
Relating to:
Cash al bank and in hand
1,930,492
2.110,990
19

The Corrymeela Community
(a company limited by guarantee)
STATEMENT OF ACCOUNTING POLICIES
Charity information
The Corrymeela Community is a privale cornpany limited by guaranlee incorporaied in Nonhern Ireland. The
regislered office addrLss is 5 Drumaroan Road. Ballycasile. BT54 6QU.
A summary of thL accounlbng policies, which have been applied consisiently, is sei out below.
(a) Basis of preparation
The financial sia(emenis have been prepared in accordanc¢ wilh Accounling and Reporting by Charities- Siaiemenl
of Recommended Pr￿liCe applicable to chariiies preparing their accounls in accordance with Ihe Financial
Reporting Siartdard applicable in Ihe UK and Rcpublic of Ireland (FRS 102) {us umLnded for accounling periods
commencing from l January 2016).
The CoTrymeela Community meeis the definilion of a public benefil enlily under FRS 102. Assels and liabiliiies
are iniiially recognised ai hislorical cosl or Iransaclion value unless oiherwise 51atLd in ihe relevanl accounting
policy nDte(s).
The financial siaicmcnls are prepared in slerlin8, wbich is the functional currenLy of Ihe Charily, Monetary
amounls in ihesL. financial slalemenls are round io IhL ncoresi £.
The principle accounling policies adopied ar¢ SLI oul b¥li)w.
Ib) Going concern
Ai the lime of approving Ihe financial slal¥mLnis. Ci)unLiI has a reasonable ¢xrKYtation ihal the Chariiy has
adequate resources lo coniinue in operaiional exisienLL for Ihc foreseeable fulure. Thu5 Cvuncil continues lo adopl
lh# giiin¥ L'unL¥rn basis of accounting in prLparing IhL finunci&l slalemenls.
(c) Ineome reeognition
Income is recogni5ed when ihe Charity has enliilemeni 10 (he lunds, any ￿TIOrMance eondiiions aiiached lo Ihe
iiem(s) of incDme have been mcl, it is probable Ihal Ihe income will be receivLYl and Ihe amouni can be measured
reliably,
Doiiotioiis
Donations are r¢cLived by way of 8ranis. donaiions and gifis and are includcd in full in the Sts*meni of Financial
Aciivilies when receivable.
Izgacies
Leg￿lLs arL rcco8nised when received vr when IhLir amouni is capable of measuremenl. Enliilgmenis lo malerial
legacies which are noi included are disclosed in ihL lliiiLS.
Cliai'ilable shop incoiiie
Goods for resale are included as inci)mL in Ihe period Ihe goods are sold, Revenue is reco8nisLd upon sale and when
Ihe iiile to Ihe pmducl is transferred io Luslom¢rs,
Other ipicoiiiiiig re5011Fres
Project income. lei(ings and uiher incoine are included in full in the Siatemenl of Financial Aclivities when
receivable.
Graiils
Revenue grants are credited io incoming resources on Ihe earlier dale of when ihey are received or when they are
20

The Corrymeela Community
(a company lirnited by guarantee)
receivable, unless ihey relaie io a specified fuiure period. in which case they are deferred.
Granis for ihe purpose of capiial expendiiure are crediied io resiricied incomin8 resources when receivable and
Iransferred io unres(ricied funds on purchase ol Ihe assei.
(d) Inter￿t receivable
Interesl on funds held on deposlt is included when receivable and the amouni can be measured reliably by the
Chariiy: Ihis is llormally upon notificaiion of ihe inieresi paid or payable by the Bank.
(e) Fund Accounting
The Communi(y has various types of funds for which il is responsible and which require separa* disclosure.
Definiiions of the variou5 iypes of funds are as follows,,
Reslricledfiiiids
Funds received which are earmarked by ihe donor for specific purposes. Such purposes are within ihe overall aims
of the Communiiy.
Des18iialedfiiiids
Funds received which are earmarked by Ihe charily for S￿cIfiC purposes. Such purposes are within the overall aims
of Ihe Community.
Uiireslricledfuiids
Funds which are expendable at the discrelion of the council members in furtherance of Ihe objects of the Communiiy.
In addilion io expendilure on projeeis and other aclivilies, such funds may be held in order 10 finance capital
invesimeni and working capiial.
(D Expendilure and irrecovervdble VAT
Expendilure is recognised once there is a legal or conslruciive obligation 10 make a paymeni to a Ihird party, it is
probable Ihai se(Ilemeni will be required aftd Ihe amounl uf IhL obli8alion can he measured reliably. Irrecoverable
VAT is char8ed as a cosi against Ihe aciiviiy for which the expenditure was incurTed,
Expenditure has been classified under he&dings ihat aggre8ale all c051s related 10 Ihe calegory. Where cosis cannot
be direeily aiiribuied io particular headings Ihey have been Dllocated to activities on a basis consisieni wilh use of ihe
resources. Si&ff costs and overhead expenses are allocaied to aciiviiies on the basis of staff lime stKnl on ihose
activities.
Cost of n7isiiigfiipids
These include ihe salaries. direci expendiiure and overhedd cosls of 51aff who promole fundraising. including evenis
and mailings.
Chartfable aclivilies
Charitable expendiiure comprises ihose eosts incurred by the chariiy in ihe delivery of lis aciivilies and services for
ils beneficiaries. Ii ineludes LK)Ih eosis thai ean be all(uied directly 10 such aciiviiies and Ihose costs of an indireci
nature necessary to supply them. Support COSIS are alloca¢ed to Iheir relevani aciiviiy based on ihe income received.
{g) Foreign Currencies
Transaciions denominaied in foreign currencies are iranslaied ai ihe exchange rate at the dale of Ihe Iransaclion.
All moneiary asseis and liabiliiies denomina(ed in foreign currencies are translaied at the rale of exchange ruling
at ihe balance sheei dale or ihe exchange raie ol a related foreign exchange coniracl where appropriate, Non-
moneiary assets and liabiliiies denominaied in foreign currencies are Iran51ated ai the rale of exchange at Ihe dale
of Ihe transaclion. The resulting gain or loss is deali wilh in the siaiemeni of financial activities,
21

The Corrymeela Community
(a company limited by guarantee)
(h) Tangible fixed assets and depreciation
Tangible assets are siaied ai cost less accumulaied depreciaiion and any impairment losses.
The cost of tangible fixed asse15 Is Iheir purchase cosl, togeiher with any incidenial cosis of acquisilion.
Deprecialion is calculaled so a5 lo wrile off Ihe cosl of langible fixed asseis. less (heir esiimaied residual values
over the expected useful economic lives of Ihe as5¢ts concerned. The principal annual rates used are as follows:
Freehold land and buildings
Computer equipment
Furniture and Equipment
Mo(or vehicles
on Cost
on cosi
20
on written down values
12.5 125 on cosi
The company has a policy lo capilalise all iiems > £ I,Q(X).
(l) Impairnient of fixed assets
At each reporling dale, the Charily reviews ihe carrying amounts of ils tangible asseis io determine wheiher ih¢re is
any indication Ihal those assels have 5uffeTed an impairment lo&s, Ifany such indicalion exists, Ihe recoverable amounl
of Ihe asset is esiimaied in order io deiermine the extenl of ihL impairmeni loss (if any).
(i) Investments
Inveiimenis in subsidi£uy undLrtaking.8 are slalLYI al L'051, hul are wriiien d()wn 10 their realisable value if il is considered
Ihal there hds bLLn an irnpairmcnt,
Investrnenis are included al c105ing mid-markLI vuIuL ui Ihe balance sheel dale, Any realised and unrealised gains and
losses on revaluaiion or disposals arL combinLd in IhL Slalemeni of Financial Aciiviiies. Ii is the Charity's policy to
keep valuoiions up io datL sueh ihai whL'n invL'simL'nls are sold Iher¢ 15 no realised gain or loss arising. As a result
Ihe Sialemeni of Financial Aciivilies does noi disiinguish belween the valualiorj adju5tmenis relaling lo sale5 and
Ihose relalin8 10 c¢)niinued holdings as Ihey are logeiher Irealed a5 changes in (he inveslmenl porifolio Ihroughoul
Ihe year. MovL'mLnis in value arising from inveslmenl change5 or revalualion and (he profit on disposal or
inv¥Slm¢nis huv¢ bL'en charged or crediled lo Ihe funds to which Ihey relate,
(k) Debtors
Trade and oihcr dLbiors w¢ statcd afier all known bad debts have been wril(en off ond specific provision has been
made againsl all debis considered doubiful of colleciion. Prepaymenls are valued ai Ihe amount prepaid net of any
Irade discounls due.
(l) Cash and cash equlvalents
Cash and cash equivalents include cash and shorl term highly liquid invesimenls with a short malurily of three
monihs or less Irom Ihe dale ol aLquisilion or opening of ihe deposit or similar account.
(m) Creditors and provisions
Credi(ors and provisions are recognised where Ihe charity has a present obligaiion resuliing from o pasi evenl thai
will probably iesuli in Ihe Iransfer of funds 10 a Ihird pariy and ihe amouni due 10 seiile the obligaiion can be
measured or estimaled reliably. Crediiors and provisions are normally recognised ai iheir seiilemenl amounl afier
allowing for any Irade discounis due.
(n) Financial instrnments
The Chariiy only has financial asseis and financial liabililies of a kind that qualify as basic financial bnsiruments.
Basic financial inslrumenis are iniiially recognised at Iran5aclion value and subsequenily measur¢d ai iheir
seiilement value with Ihe excepiion of bank loans which are subsequently measured al amortised cosl using the
effeciive interest method.
22

The Corrymeela Community
(a company Ilmlted by guarantee)
(o) Pension Costs
The Community operales a defined conlribulion pension scheme for the benefii of those of its ￿rmanent staff wishing
to parlicipate. The assets of Ihe scheme are adminislered by an insurance company in personal pension plans and are
held indepe￿IentlY from ihose of ihe Community. Contributions are charged io ihe S(a￿Men¢ of FinanciAI Activiiies
in (h¢ pcri(Kl to which they relat¢.
(p) Taxation
No provision is required for ￿￿10n as the Company is defined as a charity for laxaiion purposes.
(q) Employee Benefits
The ¢0515 of shorl-lerm employee benefils are recognised as a liabiliiy and an expense, unl¢ss ihose cosis are
required lo be recognised as paTI of Ihe cosl of s(oLk (PT fixed &ssels.
The cosl of any unused holiday enlillement for 51aff is recognised in Ihe peTiod which Ihe employees. services are
received.
Terminaiion benefits are recognised immediaiely as an expense when the company is demonsirably committed to
ierminate ihe employmeni of an employee or lo provide lerminalion benefits.
(r) Operating Leases
Renials under operating leases are eharged lo Ihe Sialemenl of financial aclivilies on a slraighl line basis over the
l¢as¢ i¢rms,
(s) Crltical estimAttS And judgements
Tn ihe applicaiion of Ihe Charity's accountin8 policies, Council are required 10 make judgemenls, estimales and
assumpiions about ihe caTrying amounl of assets and liabiliiies ihai are noi Teadily apparL'nl from o(her sources.
The eslimates and associaled assumpiions are based on hisiorical experienc¢ and oiher faclors Ihai are considered
lo be relevanl. Actual resulis may differ from these esiimaies.
The eslimales and underlying assumpiions are reviewed on an on£oin8 basis. Revisions to accouniing esiimaies
are recognised in Ihe period in which ihe estimate is revised where ihe revision affecls only thai period. or in Ihe
period of the revision and fulure period5 where Ihe revision affecls both currenl and future periods.

The Corrymeela Community
(a company limited by guarantee)
Income
Unresiricted
funds
Restricted
fund5
2023
2022
Incoming resour¢e5
Voluntary income
Donations
227.930
121,110
231865
128,110
359,975
296,986
311.392
Legacies
5,OCK)
628,178
Other tradin8 activities
Shop income
3,704
3,704
Ineome from investments
Dividend income
7,925
18,694
7,925
18,694
26,619
6,994
2,446
9,440
Bank iDleresl
26,619
Other projects
Community Relations CounLiI
DL'pariment of Forei8n Affairs and Trade
t)oH Menial Healih Fund CFNI
67.655
161.102
67,655
161,102
120248
39,135
23,448
35819
2A15
68.027
114.791
120,248
101.106
120,248
EduLiiiiun Auihoriiy
National Heriiage Loiiery Fund
B¢lf&si Cily Council PEACE IV
NICRC - CRCD Fund
2,415
NICRC - Publications Fund
1,925
5,OlX)
7,2CKJ
Langdale Trusi
Sir Halley Siewarl Trust
HMRC - CJRS Furlough Grani Claims
HLnry Luce Foundaiion
Blue Pilgrim
VSB Foundation Pilgrim Granl
OihL'r granis
4.(K)O
4,0110
81,814
I O,OCM)
7,5(M)
56,571
609,-107
81014
10,000
7,500
26,571
609,307
58,151
616.470
Olher income
Sundry income
61,432
61,432
The income from legacies and donations was £359,975 of which £351,040 was unresiricled (2022: £546,85.3) and £81,525 was
reslricied (2022,. £81,525). Activities for generaling funds, invesimenl income and oiher resources were all unrestricted (2022
11 unreslricted) whilsl oiher pwojecl income was restricted (2022 resiricied).
24

The Corrymeela Community
(a company limited by guarantee)
Costs of generating voluntary Income
Unreslricted
funds
Res(rict
funds
2023
2022
Salaries. wages and pensions
Oiher Siaff Cosis
18,880
18080
393
15.176
Fundraising materials
Publicily
Renl & offic¢ overheads
10,163
10,340
7,007
9,413
10,887
6,969
9.765
8,446
712
7.007
Compuler mainlenance & software
Consultancy
Exchange rale loss
Banking Charges
Sialionery, prinling and postage
Oih¢r suppon cosis
10.887
142
2.449
949
2,449
949
827
669
71,150
669
495
58.552
71,150
Expenditure on costs of seneraling volunlary income was £71,150 all of which wa5 unreslricled (2022.. £56.181) and £NIL was
reslricled (2022: £2,171).
Expenditure on charltable actlvltles
Project
work
Residential
expenses
Tolal
2023
Toial
2022
Salaries, wages and pensions
Volunieerin8
Other staff costs
414,582
14.925
15,668
487.528
902,110
14,925
19,565
123,252
148,896
74,685
171,598
59,678
23,527
39,192
12,087
28,301
1,617,816
728,029
10,180
12,980
128,600
120.511
Deprecialion
Centre overheads
123,246
148,896
70,742
7.874
8.146
Food
Programme expenses
Conferences
163,724
101,745
2_7,802
6,498
26.5.12
Group (ranspori
Computer mainienance & software
Office rent
12,684
12,087
Oiher suppoN cosis
Total 2023
18,028
702,432
915,384
508,840
690,069
Expendilure on charilable activities wa5 £1,617.816. of which £1,007,505 was unrestricied (2022: £591,175) and
£610.31 I was restricied (2022- £607.534).
20,094
Total 2022
1,198.909
25

The Corrymeela Community
(a company limited by guaranlee)
Net Incomel(expenditure)
2023
2022
Net Incomel(expenditure) stated After chargingl(crediting):
.Siaff costs (nolc 6)
D¢'preciaiion of iangible fixed assets - owned asse15
FLes payable (o ihe company's audiiors for Ihc audii of ihe financial slaiemenls
Operaiing lease charges - plani and machinery
Loss on disposal of fixed a5sels
Directors, indemnity insurance
906,743
123,292
6,600
1052
(576)
2,4S6
741.516
128,655
6.600
2.052
(62)
1,465
Employee Informatlon
2023
2022
Staff costs:
WagLs and salarics
S()Li*il sccurily costs
Ih¢'r pension cosls
794,699
68,100
43,944
906,743
651,102
741,516
Included in employee cosls in IhL' SiaiLinLnl of Financial Aclivilies is an amount of £14,24612022: L1.669) relating io the cosl
of iemporarylcasual slaff and recruiimL'ni cos(s.
Nvjnber
Number
Average monthly number of persons employed by the Community during the
year by loeation
Bella%1
Ballyiu%il¥
25
31
29
There are ni) employees falling in emolumenls band ovl'r £60,IX)O in either the cutTent or Ihe previous financial year.
The kcy rnanagcmenl pers(InnLI ol. IhL' churily L()Inpri5e th¢ Council fflembers and head5 of d¢partmenls. The iolal employee
bLnLfils of Ihe kLy managLmLnt PLls1)nnLI ()I' IhL Lharity were £.I09,51612021- £288,892).
Councll members emoluments
No Council members12022: NIL) re¢eived emolum¢nts and 2 Council members received reimburs¢ment of expenses during the
year £1,295 12022- £NIL).
Taxatlon
The Communily is a re8isiered Charity {Charily No. NIC101597), and as such is eniiiled io certain tax exemptions on income
and profiis from inveslments, and surplu%e.s (In any trading acliviiies carried on in furiherance of ihe charily's primary objectives,
if Ihese profils and surpluses are applied solLly for chariiable purposes.
The charily is not registered for VAT and accordingly, all its ¢xpenditur¢ is T¢corded inclusiv¢ ol any VAT incurred.
26

The Corrymeela Community
(a company limited by guarantee)
Tangible assets
Freehold
land &
buildings
Computer
equipment
Furniture &
equipment
Motor
vehicles
Total
Cost
Al l April 2022
Addilions
5.629,419
100,437
481,976
6,896
(10,541)
480J29
7,520
6,221,352
Djsposals
At 31 March 2023
(8,526)
91,911
(19,069)
6,542,979
5,963.219
7,S20
Accumulated
depreciation
Ai l April 2022
Charge for Ihe year
Release on disposals
At 31 Mr4rch 2023
1,819,403
110.081
98,528
1,909
18.526)
4.11,095
7,520
2,356,546
123.292
(18.492)
{9.966)
1,929,484
91,911
432,431
7,520
2,461,346
Net book amount
At 31 Mareh 2023
4,033,73S
3,810,016
47,898
52.881
4,081,611
At I l March 2022
1,909
3.864.806
10 Investments
Quoted
Inveslments
2023
2022
Market value
At l April 2022
Addiiions ai cosi
420,118
30,954
{30,581)
{24,746)
39S,745
303,168
389.431
9.172
(6.389)
27.904
Dispi)%als al markct value
Nei gain l (loss) on revaluaiion
At JI March 2023
420.118
Historical ¢051 al I l March 2022
296,.151
All investments ure held in managed portfolios by Evelyn (formerly Smiih & Williamson).
27

The Corrymeela Community
(a company limited by guarantee)
11 Financial Instruments
2023
2022
Investments measured al fair value
395,745
420.118
12 Debtors
2023
2022
Grants receivable
17,968
51,960
30,046
99,974
Oiher debiors
21.078
18,228
Prepayments and accrued income
13 Credltors: amounts falling due withln one year
2023
2022
Trade crediiors
54,490
21,759
115,318
191,S67
Other lax and social security
Accruals and deferred income
21.171
14.1,1I5
14 Financial commitments
Ai I l March 2023 Ihe company had annual commilmenis under non-¢an¢ellable operaiing leases expiring as follows:.
Plant & machinery
2023
2022
Land and buildings
2023
2022
Wiihin one year
Within iwo lo five years
798
120
8,982
6,105
798
120
8,982
6.105
28

The Corrymeela Community
(a company limited by guarantee)
15 Unrestricted income funds
Transfers
tolfrom
general
fund Transfers
Balance Unrealised
l April
profi¢ on
2022 investment
Bal¥dnce
31 March
2023
Incoming
resources
Utilisedl
released
Designated funds
Capital Building fund
3,810,018
(110.081)
4,033,737
Developing Creaiive
Programme
27.3,348
(2.667)
(69)
270,612
Refurbishmeni fund
329.677
329,677
Beifasi Building fund
147,159
11,182)
145.977
Waste Waier Treoiment
Plant Projecl
450,000
(211,800)
21621)0
Sil¢ Developmeni &
Renewable Ener
250.(M)O
250,0(
5,260,402
574.908
5.815,310
(4.049) (110,081)
(1,075.486)
110,081
989,545 {1,079,575)
99,9.11
5246,203
574,303
5820,506
Gener41 funds
(24,746)
(24,746)
The capital building fund consists of fund5 r¢ceiv¢d for fre¢hold land and buildings which are transferred lo unresiricled funds
when expended and Ihen released from designated to general funds over ihe related assets useful life,
Developing crealive programme is coming out of our new operational model allowing for the foundalions and development of a
new leam and programmes.
The refurbishmeni fund is lo be used by Corryrneela over the nexl 5 years and will be used lo upgrade and maintain Ihe exisiing
buildings, fixlures and equipmenl in order to preserve Ihem and keep Ihem at serviceable level.
The Belfasl building fund is the income from (he sale of ihe properly in Belfasi and has been designated by Council towards
Corrymeela's Belfasi presence.
The Wasie Waler Treaimeni Plani projeci is for Ihe replacemeni of ihe curreni sewage system ID ensure il is complillnl wilh
limits sei by the NIEA.
The Sile Developmeni and Renewable Energy fund has been earmarked 10 develop Ihe sile for the tulure and seek io use more
environmenial ways of generating energy io service Ihe cenire.
29

The Corrymeela Community
(a company limited by guarantee)
16 Restrlcted income funds
Balance
l April Incoming
2022
resour¢es
Balance
31 March
2023
Utilisedl
released TrAnsfe
C()mmuniiy Relations Council - Core Funding Scheme
CFNI - DOH Mental Healih Fund
JVM Trunch Will Trust- Irish School ofEcumenics
BLllasi Cily C()uncil PEACE IV-
BLllasi & lh¥ World Project
DL'p£irimL'ni of Foreign Affairs and Trade -
Building Reconciled Comrnunities 2019
UlslLr SLL)ts Agency
HLnry Luce Foundatio
.Sir Halley S*wori Trust
Deparimenl of Foreign Affairs and Trade -
HLriiage Projecl OPOPOP
DLpartment of Foreign Affairs and TradL -
Si)Lial Healing
DLpdrimeni ofForeign Affairs and TTad¥-
R¥L()ncilialion Fund 2020
Duvid Tyler Trust
Langdale Trust
Beairice Hankey Foundaiion Ltd (ThL BIUL Pilgrims)
Naiional Loiiery Heriiage Fund
tkpthrinieni of Foreign Affairs and Trade -
Susiainins Hope 2021-22
EA Shared Education
Department of Foreign Afruir2i und Trade-
Heriluge Projeci OPOPOP
Ardbarron Twsi- Susiainin8 Hop¢
V.8B Foundation Pilgrim Grant
C<)Inmunity Relalions Council CRCD Fund- Inierfaiih
DLparlmenl of Foreign Affair5 and Trade-
.SiriilLgic Partnership 2022-21
DLparlmenl of Foreign Affairs and Trade-
RLYunciliation Fund - Keeping the Faiih
Causeway C02sI & Glens Capiial Grani
Ulsier Garden Villages Capital Grant
Kathleen & Ray Davey Fund
Oiher Granls
Rcslricted Donaiions
Resiricied Legacies
67.655
120,248
{68,178)
(175,964)
{1,116)
64.745
9,029
2,777
{15,419)
(.1,994)
1,5(Kl
585
11,903
1,500
75,264
9,524
81.814
(7,115)
(2,379)
5,797
5,797
<5,416)
2,559
(2,559)
3,420
8,595
4,625
7,042
4.0
10,u(xi
(2.447)
(6,188)
(21,448)
(29,666)
5,580
12,768
(.31.91.1)
19,990
(17,702)
8,037
13.894)
(3.826)
(2,415)
7,500
2.415
3,674
126,861
(87.948)
38,913
.14,241
(1,552)
30,689
50,0(K)
50.0(K)
(50.(K)O)
(50,(K)O)
51,476
2.7.11
51,959
6,714
20,119
189,565
56,571
-3.452
5.000
152.657)
(1,971)
(40,504)
69
225,069
487,771
718,242 (610,111)
(99,911)
495,771
The Communiiy Relations Council Core Funding Programme is for the purpose of assisting with salary costs of key employees.
The Communily Foundalion for Northern Ireland Ihrough the Departmenl of Healih Mental Health Fund provided funding to
support ihe Asylum Seeker and Refugee Trauma Informed Support Programme. This is a l year parlnership supporling salary
cost5, operalional cosls, office costs and capilal cosis.

The Corrymeela Community
(a company limited by guarantee)
16 Restrlcted Income funds (eontinued)
JVM Trench Will Trust grant payable through the Irish School of Ecurnenics Trust funded Ihe costs of slage one of The Faithful
Dialogue project, which brings theologians and faith ¢ommunilies togeiher lo reflect on Ihe dynamics of power and conflicl.
Belfast Cily Council provided funding for "Belfasl and the World, 1918-1921- Marking the Decade of Cenlenarie5" PEACE IV
Programme Services supporting staff costs. managemenl fees and activity Costs.
The Deparlmeni for Foreign Affairs and Trade: Reconciliation Fund supported the Building Reconciled Communities Project
supporlin8 salary and programme costs.
Ulster-scols Agency provided funding lo support a range of UIsieT-Scols programming al the Cnrafe5t events.
Henry Luce Foundation provided funding to supporl the development of ihe Irish Network for Public Theology supporting salary
osts. resources and programme costs.
Sir Halley Siewarl Trust provided funding lo supporl a practical guide to faith communities responding lo gender-based violence.
A gender-based violence learning resource for faith groups offering advice. guidance and ways of discussing Ihe issue in fai(h
communiiies.
Deparimeni of Foreign Affairs; Reconcilialion Fund provided funding for Ihe Our Places, Our Pasts, Our Perspectives project
by supporting siaff cosis, overheads and resideniial cosis. for year one of Ihe programme. The underspend has been re-profiled
to be spent on programme nciivities in 2023.
Department of Foreign Affairs: Reconciliaiion Fund provided funding for Ihe Towards Social Healing projeci by supporting face
io face engagement. (herapy sessions and evaluaiion costs.
Departmeni of Foreign Affairs and Trade: Reconciliaiion Fund provided funding for Ihe Building Capaciiy 10 Transform Division
Projeci by supporiing programme cosis, evaluaiion cosis and salary cosis for Programme Managers.
The David Tyler Trusi provided funding for the programme costs associaied wilh brin8ing for groups to Ihe Ballycastle learning
summil to lake pari in inier¢uliural and peace building evenis. Due io COVID Ihe progiamme order has been changed and will
be delivered in 202.1_24
Langdale Trusi provided suppori for Ihe Togeiher We Shelter projeci 10 enable marginalised groups 10 aiiend residentials ai Ihe
Bally¢asile Cenire.
Beatrice Hankey Foundation Ltd provided support for Iraining and developmenl of volunleers and to financial suppori io hosi
residenlial 8roups who have experienced Irauma lo seek ways lo explore and inlegrale personal healing.
The National Lotlery Herilage Fund {HLFI provided funding for Our Places, Our Pasls, Our Perspectives projeci by supporiing
capital costs, activity cosls and delivery cosls. This is parl of a l yeat parlnershjp project.
Deparlmenl of Foreign Affairs; Reconcilialion Fund PTovided funding for the Sustairjing Hope projeci by PToviding funding 10
5upporl salary COSts* project aclivities, Iraining and digital equipment.
Educalion Authority Youth Service- COVID 19 Residential Outdoor Educalion Cen(re5 Relief Fund 2020-21 provided support
for staff salaries inescapable running costs.
Deparlmenl of Foreign Affairs. Reconcilialion Fund provided suppor( for the Our Places, Our Pasts, Our Perspectives projecl by
supporting salary costs. overheads. resideniial siays, ouireach evenis, evaluaiion costs and Iravel and sub5islen¢e, for year 2 of
Ihe programme.
Ardbarron Trusi provided funding 10 suppori the "Sustaining Hope" to work wilh ICM) youth and communiiy workers by
supporting 12 retreats for refleciive praclice. healing. relaxalion and restoralion by supporting facililalion, venue hire and food
and refreshmeni cos(s.
VSB Foundaiion Pilgrim Trusi was provided for Ihe pro8ramme Voice of Migrant Women to support the work taking place in
Magherafell wilh Ihe group compromising of local women and 25 families who have had direct experience of war. and forcibly
displaced from Iheir homeland in Syria.

The Corrymeela Community
(a company Ilmited by guarantee)
16 Restricted income funds (continued)
Nl Communily Relations Council Culiural Diversity Fund provided a grani for the Faith in Each Oiher - Inler-Faiih Family
Gath¢rings proje¢l (o support programme and activily costs.
Deparlmenl Df Foreign Affairs and Trade: R￿OncIliatIon Fund Straiegic Parinership Scheme provided funding 10 support
programme c051s. evaluaiion cosis. salary costs for Programme Managers and an apportionmenl of organisational core costs.
D¢parimenl of Foreign Aflairs and Trade. Reconciliaiion Fund provided funding for Ihe Keeping (he Faiih in P¢ac¢ projecl by
upp()rlins PTogramme and aciivity cosis and salary costs associaied wilh the project.
Cuuseway Coast and Glens Capital Grants Programme provided linancial supporl to upgrade ihe sewage system.
ul.sier Garden Villages provided financial support lowards ihe Waste Waler Projecl to Upgrade the sewage system.
Th¥. Kaihl¢L'n & Ray Dav¢y Fund ha5 been e51ablished from the legacy from Iheir eslale and gifis in memory of our fOU￿]er.
Thi5 fund is Iu £155isi Corrym¢ela ffl¢Inbers, slllrr, inlerns and volunlcers io muke a pusiiive impaci on peace building locally and
iniLrnationally. li 15 expected ihal 70% of the allnual expendiiure of the fund will IK. direcicd lo those lo and under 10 honour
Ray and Kaihleen's commiimeni 10 young people And young adults 10 achieve.
A rLsiricted legacy was given iowards the Togeiher WL Shelier projecl to supporl salary and programme costs over 3 years. A
furihLr legacy was rLceived 10 suppori r¢$id¢ntial cc)ql4 li)r Sroups ai the cenlTe.
17
Contingent liabilities
ThL' Department of EduLation for Northern Ireland (£85,Q(X)), IniLrnalional Fund for Ireland1£2,170.134), Communiiy Relaiions
Cnuncil (£IOI,11.3) have all created a charge in connection wiih IhL Tefuibishment of Ihe Corrymeela Cenlre. Also a further charge
has bL'en crealed on Ihe securily of Ihe DifeciDrs House tn ￿￿ure ￿K￿lble further advances up lo a limit of £ I S,C(M) from Uls(er
Bank Lid. The DI￿lor5 do not expeel any repaymenl of ihese charges.
18 Analysis of net assets between funds
Unrestricted
funds
Re5tritted
funds
Total
funds
Fund balances at 31 March 2023 are rnpresenled by:
Tangible fixed a55elS
Inveslmenls
4.081.63.
195,745
4,081,63.1
195,745
1,818,899
6,316,277
Nel currenl assels
,34.1,128
5020,506
495,771
495,771
Total net assets
Unre5tri¢ted
Funds
Restricted
Fund5
Totsl
runds
Fund balances at 31 Mar¢h 2022 are reP￿sented by:
Tangibl¢ fixed assets
Investments
3.864,806
420.118
1,550,386
5,835JlO
3.864.806
420,118
2.018,157
Nei currenl assels
487.771
Tolal net 455ets
487,771
6J23,081

141 0 t*.
LIU

The Corrymeela Community
(a company Ilmlted by guarantee)
20 Liability of members
The C(}￿ymeela CoInmuniiy is a company limiied by guaraniee. The lialx'liiy of each member 15 limited lo an amoun( nol exceedin8
£10.
21 Cash generated from operations
2023
2022
N¥'l movement in funds for the year
Adjustments for:
DLpreciaiion
Loss on disposal of fixed assets
Invesimeni income
(6,804)
185,768
123,292
576
128.654
6.1
(26,619)
24,746
(9,440)
(27,9041
(lncreasel in fair valu¢ ()r shur¢s
Movements in working eapital:
Ilncreas¢VDecrease in debtors
IncreasellDecrease> in creditors
Net cash generated fronQlused in) operating activities
(29ffj71)
48,432
133,952
(19,869)
21,452
278.724