COMPANY REGISTRATION NUMBER: N1602079
CHARITY REGISTRATION NUMBER: NIC101934
Coleraine Rural & Urban Network
Company Limited by Guarantee
Unaudited Financial Statements
31 March 2025
DONALDSON & THOMPSON
Chartered Accountants
3 Limavady Road
Londonderry
BT47 6JU

Coleraine Rural & Urban Network
Company Llmlted by Guarantee
Flnanelal Statements
Year ended 31 March 2025
Pago
Trustees, annual r8POrt (incorporating the directorfs r8POrt)
Independent examine¢s report to the trustees
Statement of financial activities (including income and
expenditure aGcount)
statement of financial position
Notes to the financial statements

Coleraine Rural & Urban Network
Company Llmlted by Guarantse
Trustees. Annual Raport (Incorporatlng the Dlrectorfs Report)
Year ended 31 March 2025
The trustees. who are also the directors for the purposes of company law, present thelr report and the
unaudited financlal statements of the charity for the year ended 31 March 2025.
Rafaronce and admlnlstratlvo dota118
Roglstored charlty nam•
Coleraine Rural & Urban Network
Charlty reglstratlon nurnber
NIC101934
Company reg18tratlon number N1602079
Princlpal offlce and roglsterod 18rook Slre8t
offl
Coleraine
Co. Londonderry
BT52 1PW
Thè trugteos
Robert Rilchie
Ann McNlckle
Angela Welch
Indepondant examlner
Donaldson & Thompson Chartered A¢¢ountants
3 Limavady Road
Londonderry
BT47 6JU
Struetur•, govomance and manag•ment
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 whlch states the oblects and powers
of the charitable company and Is governed under its Articles of Association. In th8 event of the
company being wound up members are r8quired to contrlbute an amount not exceeding £1.
ObJectlve8 and actlvltles
The prSnclpal actlvlty of thg ¢harlty Is to prornote the benefit of the inhabitants of the North West region
and in particular to support and develop the vnrk of community-based and voluntary groups in
charitable activities which seek to relieve poverty. advance educatlon and Improve the quality of Ilfe of
the Inhabilanls by provldlng office accommodation and support services and an Incluslve open venue
for members of the community.
The charity's trustee5 have had regard to the Charlty Commlsslon for Northem Ireland's guidance on
publlc benefit.

Coleraine Rural & Urban Network
Company Llmlted by Guarantoè
Trustees. Annual Raport (Incorporatlng the Dlrectorfs Report) (conUnu•d)
Year andad 31 March 2025
Achlovomonts and performanc•
The communlty hub remalns at full capacity for shoploffice rental wlth 3 occupants. being here from
day one. We have had a permanent resldent in meeling room 1, but this ceased In July 24 but a
full-time occupant is now in meeting room 3 for the foreseeable future.
The conference room and meeting room rentals are now r8C8iving more bookings. A steady progress
Is being made in meeting room bookings, the projects within Causeway Rural & Urban Nelwork
continue to be the main occupant. These will again increase durlng the future years.
Flnanclal revlew
Tho r8sults for th8 year are contained in the financial ststements from page 5. The Communlty Hub
has improved its rental performance over the past financlal year 8nd is looking to improva this
perfomiance Sn the followlng years, especially with more fr88doms and less restrlctions on m88ting in
public places.
Plans for futurn perfods
The trustees wlll continue to build on what Coleraine Rural & Urban Nelwork has established the past
few years and maintain its core values and objectives to ensure the continued developmenl. An
advertising campaign continues to encourage new and previous users to return to the building for
meetings and Iralnlng.
Small company provl8lon8
This report has been prepared In accordance with the provisions applicable to companies entitlad to
the small companles exemption.
The trustees, annual report was approved on 7 October 2025 and signed on behalf of the board of
trustees by:
Robert Ritchie
Trustee
Ann McNickle
Trustee

Coleraine Rural & Urban Network
Company Llmlted by Guaranteo
Independent Examlnerfs Report to the Trustees of Coleralno Rural & Urban
Network
Year ended 31 March 2025
I report on the financial statemgnts for th8 year ended 31 March 2025, whlch comprfs8 the statement
of financlal actlvltles (Including income and expenditure account), stalement of financial position and
the related note5.
Re8POCtlv• r•sponslbllltl•s of trustees and •xamlnor
The charily's trustees (vtho are also the directors of Ihe company for the purposes of company law)
are responsible for the preparalion of the accounts in accordance wlth the requirements of the
Companles Act 2006. Having satisfied myself that the charlty is not subject to audlt under company
law, and Is 8llglbl8 for Independent examination, it is my responslblllty to:
examine the accounts under 8ects.on 65 of the Charities Act.
to follow the procedures laid down in the general Directions given by the Charlty Cornmlsslon for
Northern Ireland under section 65(9)(b) of the Charities Act,. and
to stat8 whether partlcular rnatters have come to my attentlon,
Basls of Indepondent examlnerfs report
I have examlned your charity accounts as requlred under section 65 of the Charltles Act and my
examination was carried out in accordance with the general Directions given by the Charity
Commission for Northem Ireland under sectlon 65(9)(b) of the Charities Act. The examination included
a revlew of the accounting records kept by the charity and a cornparison of the accounts presented
with those records. It also includ8d consideration of any unusual Items or disclosures in th8 accounts,
and seeking explanatlons from th8 trustees conceming any such matters.
My role is to stste whether any materlal matters have corne to my attentlon glvlng me cause to
belleve-.
That accountlng records were not kept in accordance wlth 8ectlon 386 of the Companies Act
2006
That the accounts do not accord wlth those accounting records
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 appllcab18 to charftles preparing their accounts In accordance wlth th8
Flnanclal Reporting Standard applicable in the UK and Republic of Ireland.
That there Is further information needed for a proper understandlng of the accounts to be
reached.

Coleralne Rural & Urban Network
Company Llmltod by Guaranto8
Independent Examlner'8 Report to the Trustees of Coleralna Rural & Urban
Network (condnu•d)
Year ended 31 March 2025
Ind8p•nd•nt •xamlner'8 8tatoment
I have completed my examlnatlon and have no concerns in respect of th8 matters (1) 10 {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.
Donaldson & Thompson
Chartered Accountants
Independent Examiner
3 Llmavady Road
Londondarry
BT47 6JU
7 October 2025

Coleraine Rural & Urban Network
Company Llmlted by Guarantee
Statement of Flnanclal Activitles
(Including income and èxpendlture account)
Year ended 31 March 2025
2025
Unrestrfcted
funds Total funds Total funds
2024
Nol•
Income and endowments
Charitable actlvilies
54,809
54,809
$4,809
58,830
Total Income
54,809
58,830
Expendlture
Expendilure on charitable activities
Total expendlture
105,099
105,099
105,099
102,383
105,099
102,383
Nat oxpendlturn and net movement In fvnds
(50,290)
(50.290)
(43,553)
Reconclllallon of funds
Total funds brought forward
Total funds carrled forward
1,875,701
1,875,701
1,825,411
1,919,254
1.825.411
1,875.701
The statemenl of financial activities includes all gains and losses recognlsed in the year.
All income and expendbture derlve from continuing activities.
Th• not•• on pago• 7 to 12 form p•rt of those financlal $tatement•.

Coleralne Rural & Urban Network
Company Llmltod by Guarantee
statement of Flnanclal Posltlon
31 March 2025
2025
2024
Not•
Flxod assets
Tanglble flxed assets
13
1,801,507
1,846.449
Current a880t8
Debtors
Cash at bank and in hand
14
11,908
58,768
8,939
80.286
70.676
89,225
Credltorn: amounts falllng due wlthln on• y•ar
Net current assels
15
46,772
59.973
23,904
29.252
Total a880t81088 current Ilabllltles
1.825,411
1,825,411
1,875.701
1,875,701
Not assets
Funds of tho charfty
Unrestricted funds
1,825,411
1,825,411
1.875,701
Total charlty funds
16
1,875,701
For the year ending 31 March 2025 the charity was entitled to exemptlon from audit under Section 477
of the Companles Act 2006 relating to small companies.
Dlr8Ctors' responsiblliti8S:
The members have not required the company to obtaln an audit of Its financial statements for the
year in question in accordance with section 476,.
The directors acknowledge Ihelr responsibililies for complying with the requirements of the Act
wlth respect to accounting records and the preparation of financial statements.
These financlal statements have been prepared in accordance with the provisions applicable to
companies subject to the small companles. ￿girne.
These financial statements were approved by the board of trustees and authorlsed for Issue on 7
October 2025, and are signed on behalf of the board by:
Robert Rltchle
Trustee
Ann McNlckle
Trustee
Company reglstration number.
N1602079
The company Is a prlvata limited company limited by guarantee. registered in North8m Ireland.
The not•8 on pag•8 7 to 12 form part of those Iln•n¢lal slatoments.

Coleraine Rural & Urban Network
Company Llmlted by Guarantee
Notes to the Flnanclal Statements
Year ended 31 March 2025
General Infomiatlon
The charity is a public benefit entity and a prlvate company limited by guarantee, reglstered In
Northern Ireland and a registered charity in Northem Ireland. The address of the registered office
is 1 Brook Street. Coleralne. Co. Londonderry, BT52 1 PW.
statement of compllanc•
These financial ststements have been prepared in compliance with FRS 102, 'The Flnanclal
Reporting Standard appllcable in the UK and the Republic of Ireland,, the Statement of
Recommended Practice applicable to chari15es preparlng their accounts in accordance wlth the
Flnanclal Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities
SORP (FRS 102)) and the Companies Act 2006.
Accountlng pollcles
Basls of proparatlon
Th8 flnanclal statements have been prepared on the hlstorlcal cost basis, as modified by the
revaluation of certaln financlal assets and liabilities and investment properties measured al fair
value through income or expendiiure.
The financlal statements are prepared in sterling. whlch Is tha functlonal currency of the entlty.
Golng concgm
There are no materSal uncertalnties about the charity's ability to contlnue.
Judgements and kay sources of estlmatlon uncertalnty
The preparation of the financial statements requires management to make ludgements,
eslimales and assumptions that affect the arnounts reported. These estimates and judgemenls
are continually revlewed and are based on experience and other factors, including expectations
of future events that are believed to be reasonable under the circumstances.
Fund accountlng
Unreslrlcted funds are avallable for use at the dlscr8tlon of the trustees to further any of the
charity's purposes.
Designated funds are unrestrlcted funds earmarked by the trustees for partlcular future project or
¢ommSlm8nl,
Restricted funds are subjected to re5trtction5 on their expendlture declared by the donor or
through the terms of an appeal, and fall into one of two sub-classes.. restricted income funds or
endowment funds.

Coleralne Rural & Urban Network
Company Llmlted by Guarantee
Notes to the Flnanclal Statements (¢(Y¥tlnu
Year ended 31 March 2025
Accountlng pollc108 (¢onllnu•d)
Inoomlng resources
All Incomlng resources are included In th8 statement of financial activFtles when entStl8m8nt has
passed to the charlly: It Is probable that the economlc benefits assoclated wllh the transaction
will flow to the charity and the amount can be reliably measured. Th8 followlng speclfic polici88
are applied to partlcular categon'es of incom8:
income from donatlons or grants is recognised vthen th8re is evldence of 8ntitlement to tho
glft, recelpt is probablo and its amount can be measured reliably.
legacy Income is recognised when receipt is probable and entitlement is established.
Income from donated goods is measured at the faSr value of the goods unless thi5 Is
impractical to measure reliably. in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilitles and Se￿ICe$ are r8cognis8d In th8
accounts when r8C81v8d If the value can be reliably m8asur6d. No amounts are included for
the conlribution of general voluntéers.
Income from contracts for the supply of services is recognised with the delivery of the
contracted servlce. This is classified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose and returned if unspent. in which case
It may be regarded as restricted.
Resources axpended
Expenditure is recognls8d on an accruals basis as a liability is Incurred. Expenditure includes any
VAT which cannot be fully recovered. and is classified under headlngs of the statement of
flnanclal activities lo which it r81ates:
8xpendlture on ralslng funds includes the costs of all fundralslng activities, events,
non-charitable trading actlvities, and the sale of donated goods.
expenditure on charitable activities Includes all costs Incurred by a charlty In undertaklng
activities that further its charitable aims for tha benefit of its beneficiarie5, including those
support costs and costs relating lo the governance of the charlty apportioned to charitsble
activities.
other expenditure includes all expendlture that Is neither related to raislng funds for the
charity nor part of 5tS 8XP8ndlture on charitsble actlvttles.
All cosls are allocatad to expendlture categories reflecting the use of the resource. Direct costs
atlrlbutable to a single activity are allocated dlrectly to that activity. Shargd costs are apportioned
between the actlvltles they contrlbute to on a reasonable, Justifiable and consistent basis.
Tanglble as8et8
Tangible fixed assets are stat8d at cost less accumulated depreciation and accumLtlated
Impalrment loss. Cost includes all costs Ihal are directly attributable to brlnglng the ass8t Into
working condltlon for Its intended use. Deprecialion is provlded at rate5 calculated to write off the
cost less residual value of each asset over Its expected useful lrfe, as follows..

Coleraine Rural & Urban Network
Company Llmlted by Guarantee
Notes to the Flnanclal Statements (conthiu
Year ended 31 March 2025
Accountlng pollclo8 (¢ondnufjdJ
Depreclatlon
Depreclatlon Is calculatèd so as to wrlte off th8 Cost or valuatlon of an asset. less Its rasldual
value, over the useful economic lrfe of that asset as follows:
Freehold property
Flxtures, fittings & equipment
2% straight line
20¥0 Straight line
Impalrniont of flxed avots
A review for Indlcators of Impalmient is carried out at 8ach reportlng date, with the recoverable
amount being estimated where such indicators exist. Where the carrylng value exceeds the
recoverable amount, the asset is impaired accordingly, Prior Impairments are also reviewed for
possible reversal at each reporting date.
For the purposes of Impalmient testlng, when it is not possSble to estlmate the recoverable
amount of an individual asset, an estlrnate Ss made of the r8cov8rable amount of the
cash-generatlng unlt to whlch the asset belongs. The Cash￿enerating unit is the smallest
Identifiable group of assets that includes the asset and generates cash Inflows that largely
independent of the cash inflows from olher assets or groups of assets.
For impairment testlng of goodwlll, the goodwill acquired in a business combination is, from the
acquisition date, allocat8d lo each of ihe cash-generating units that are expected to benefit from
the synergies of the combination. irrespectlve of whether other assets or liabilitles of the charity
are assigned to those unlts.
Flnanclal Instrum•nt8
A financial asset or a financial liabillty Is recognlsed only when the entity becomes a party to the
contractual provisions of the instrument.
Basic financial instruments are initially recognised al the amount receivable or payable including
any related transaction costs, unless the arrangement constitutes a financing transaction, where
It Is recognised at the present value of the future payments discounted al a market rate of
interest for a slmilar debt instrument.
Current assets and current Ilablllties are subsequently measured at the cash or other
conslderation expected to be paid or rece￿ad and not discounted.
Debt Instruments are subsequently measured at amortlsed cost.
Llmllod by guarant••
Colerain8 Rural & Urban Nelwork is a company limited by guarantee and accordingly does not
have a share capital.
Every member of the company undertakes to contribute such amount as may be requlred not
8xceedlng £1 to the assets of the charitable company In the event of its being wound up wh118 he
or she is a member, or wllhin one year after he or sh8 Ceases to be a member.

Coleralne Rural & Urban Network
Company Llmlted by Guarantee
Notes to the Flnanclal Statements (conthiu•d)
Year ended 31 March 2025
Charltablo actlvltles
Unrestrlcted Total Funds Unrestficted Total Funds
Funds
2025
Funds
2024
Room hlre
CRUN - Rent recelved
CAB - Rent received
Age Concern - Rent recelved
Action for Children - Rent rec8Ned
CRUN - Servlce charge
CAB - Service charge
Action for Children - Service charg&
11,571
9,960
9,960
9,960
11,571
9,960
9,960
9,960
11,644
9,960
9,960
9,960
340
8.876
7.874
218
11,644
9,960
9,960
9,960
340
8,876
7,874
216
6,679
6,679
6.679
6,679
54,809
54.809
58.830
58,830
Expendlture on charltablo aclivltles by fund typo
Unrestricted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Communlty tralnlng & educatlon
facility
Support costs
100,743
4.356
100,743
4,356
105,099
99,327
3,056
99.327
3,056
105,099
102,383
102.383
Exp•ndlture on charftable actlvltle8 by aetlvlty typo
Activities
undertaken
directly
Support Total funds
costs
2025
Total fund
2024
Community training & educallon faclllty
Governanca costs
100.743
1,012
3,344
101,755
100,086
2,297
100.743
4,356
105,099
102.383
Analysls of support costs
Communty
faclllty Total 2025 Total 2024
General offlce
Finance costs
Governance costs
901
111
3,344
901
647
112
2,297
3,344
4,356
4,356
3,056
10

Coleralne Rural & Urban Network
Company Llmltod by Guarantee
Notes to the Flnanclal Ststements (¢onthiu
Yaar ended 31 March 2025
Net expendlture
Net expenditure is stated after chargingl(crediting):
2025
2024
Depreciatlon of tangible fixed assets
44,942
45.358
10. Independont examlnatlon fM8
2025
2024
Fees payable to the independent examiner for:
Independent examlnation of the financial statements
360
360
11. Slaff costs
The average head count of employees during the year was Nil {2024: Nil).
No employee received employee benefits of more than £60,000 durlng the year (2024: NII).
12. Trust•• rnmunoratlon and expenses
No remuneration or other benefits from employment with the charity or a related entity were
received by the truslees.
No trust88 8XP8ns8s have been Incurred.
13. Tanglblo flxod assets
Land and FSxturas and
buildings
fittings
Total
Cost
At 1 Apr 2024 and 31 Mar 2025
Doproclatlon
At 1 Apr 2024
Charge for the year
At 31 Mar 2025
2,191,535
27,914
2,219,449
350,646
43.830
22,354
1,112
373,000
44,942
417,942
394,476
23,466
Carrylng amount
At 31 Mar 2025
1.797,059
4,448
1,801,507
1.846,449
At 31 Mar 2024
1.840.889
5,560
14. Debtors
2025
2024
Prepayments and accrued income
11,908
8,939
11

Coleralne Rural & Urban Network
Company Llmltad by Guarantee
Notes to the Flnanclal Statements (¢onllnu•d)
Year ended 31 March 2025
15. Crodltors: amounts falllng du• wlthln on• year
2025
2024
Accruals and deferred Income
Other creditors
2,712
44,060
3,580
56,393
46.772
59,973
16. Analys1• of charltable funds
Unrestrlct•d funds
At
1 Apr 2024
At
Income Expendlture 31 Mar 2025
Unrestricted Fund
1.875,701
54,809
(105,099) 1,825,411
At
1 Apr 2023
At
Income Expendlture 31 Mar 2024
Unrestrlcted Fund
1.919.254
58,830
(102,383) 1.875,701
17. Analy515 of net a88ets between funds
Unrestricted Total Funds
Funds
2025
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
1,801,507
70,676
(46,772)
1.825.411
1,801,507
70,676
(46,772)
1,825,411
Unrestricted Total Funds
Funds
2024
TangSble flxed assets
Current assets
Credltors less than 1 year
Not assets
1,846,449
89,225
(59,973)
1.875.701
1,846,449
89,225
{59.973)
1,875.701
12