Coleraine Rural & Urban Network
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report)
Year ended 31 March 2024
The trustees, who are also the directors for the purposes of company law, Pfesent their report and the
unaudited financial statements of the charity for the year ended 31 March 2024
Reference and admlnlstratlve detalls
Registered charity name
Coleraine Rural & Urban Network
Charlty registration number
NIC101934
Company reglslratlon number N1602079
Principal office and reglstered 1 Brook Street
office
Coleraine
Co. Londondery
BT52 1 PW
Tha trustee8
Robert Ritchie
Ann McNickle
Angela Welch
Independent examlner
Donaldson & Thompson Chartered Accountants
3 Limavady Road
Londonderry
8T47 6JU
Structure, governance and management
The organisation is a charitsble 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 lo contribute an amount not exceeding £1
Objectives and activities
The principal activity of the charty is to promote the benefit of the inhabilanls of the North Wesl region
and in particular to support and develop the work of community-based and voluntary groups in
charitable activities which seek to relieve poverty, advance education and improve the quality of life of
the inhabitants by providing office accommodation and support sep4ices and an inclusive open venue
for members of the community.
The charity's trustees have had regard to the Charity Commission for Northern Ireland's guidance on
public benefit.

Coleraine Rural & Urban Network
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (contlnuod)
Year ended 31 March 2024
Achlevements and performance
The community hub remain5 at full capacity for shoploffice rental with 3 occupants, being here from
day one. We have had a pemianent resident in meeting room 1. and the office space previously
occupied in now a meeting room
The conference room and meeting room rentals are now receiving more bookings as we continue lo
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 revlew
The results for the year are contained in the financial statements from page 5 The Community Hub
has improved ils rental performance over the past financial year and is looking to improve this
performance in the following years. especially wrth more freedoms and less restrictions on meeting in
public places.
Plans for future periods
The trustees will continue to build on what Coleraine Rural & Urban Network has established the past
few years and maintain ils 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 enlilled to
the small companies exemption
The trustees, annual report was approved on 5 November 2024 and signed on beh8lf of the board of
trustees by:
Robert Ritchie
Trustee
Ann McNickle
Trustee