Coleraine Rural & Urban Network
Company Llmitsd by Guarantee
Trust8es' Annual Report (Incorporatlng the Dlrector's Report)
Year ended 31 March 2023
The trustees. who are also the directors for the purposes of company law. present their report and the
unaudited financial statemerrts of the charity for the year ended 31 March 2023.
Reference and administrative details
Registered charity name
Coleraine Rural & Urban Network
Charity registration number
NIC101934
Company registration number N1602079
Principal office and registered 1 Brook Street
office
Coleraine
Co. Londonderry
BT52 1 PW
The trustees
Robert Ritchie
Ann McNickle
Angela Welch
Independent examiner
Donaldson & Thompson Chartered Accountants
3 Limavady Road
Londonderry
BT47 6JU
Structure, governance and management
The organisation is a charitable company limited by guarantee, incorporated on 10th February 2010,
accepted as a charity by HM Revenue & Customs under reference XT24573 and registered with the
Charity Commission for Northern Ireland on 12th May 2016 under charity number NIC101934. The
company was established under a Memorandum of Association which States the objects and powers of
the charitable company and is governed under its Articles of Association. In the event of the company
being wound up members are required to contribute an amount not exceeding £1.
Objectives and activities
The principal actmty of the charity is to promote the benefit of the inhabitants of the North West region
and in particularto support and develop the work of communty-based and voluntary groups in charitable
activities which seek to relieve povety, advan￿ education and improve the quality of lrfe of the
inhabitants by providing office accommodation and 5UPPOrt Servi￿ and an inclusive open venue for
members ofthe community.
The charity's trustees have had regard to the Charity Commission for Northem Ireland's guidance on
public benefit.

Coleraine Rural & Urban Network
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Diractor's Report) (conthuedj
Year ended 31 March 2023
Achievements and parformance
The communty hub remains at full capacity ft)r shoploffice rental with all 4 occupants, being here from
day one.
The conference room and meeting room rentals are now receiving more bookings as we start t recover
from the global pandemic, and face to face meetings and training start to happen again. A steady
progress is being made in room hire bookings and these will again increase during the future years.
Financial review
The resulis for the year are contained in the financial statements from page 5. The Community Hub has
improved its rental performance over the past financial year and is looking to improve this perfomiance
in the following years, especially with more freedoms and less restrictions on meeling in public plac8S.
Plans for future period8
The trustees will continue to build on what Coleraine Rural & Urban Netsvork has established the past
few years and maintain its core values and objectives to ensure the continued development. An
advertising campaign has now started to encourage new and previous users to return to the building for
meetings and training.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the
small companies exemption.
The trustees, annual report VRS approved on 7 November 2023 and signed on behalf of the board of
trustees by:
Robert Ritchie
Trustee
Ann McNickle
Trustee