ENTERPRISE CAUSEWAY LTD
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2023
The Trustees present their report and tlnancial slalernenls for Ihe year ended 31 March 2023.
The financial statements have been prepared in accordanco wlth Ihe accounting policies set out In note 1 to the
financial statements and comply with the charity's Memorandum and ArtIGles and Association, the Cornpanies Act
2006 and "Accounting and Reporting by Charllles., Statement of Recommended Practice applicable to charitles
preparing their accounts in accordance wlth the Financial Reporting Standard applicable in the UK and RepubliG
of Ireland {FRS 1021 (effecllve 1 January 2019)"
Objoctlvas and a¢tivities
Vlslon statement
'A safe place where you can explore, launch and grow your buslness and that's not changing, We are passionate
about provldlng the best support for our clients through collaborating with others. Our vision of success is your
suc¢6ss- we succeed when you succeed.,
Mlsslon ststement
To enable individuals and busin8sses lo achiev8 their enterprSse potentlal.
strat&glc prlorltles
Encouraging Enterprlsing People.
Creallng Innovative workspace solutions
Bullding Business Capacity.
Princlpal actlvltles
The principal activity of the company continued to be that of promollng the eslabllshment of small businesges
which will give employment In the area. There were no slgnlficanl changes to these actlvlties during tho year.11 is
proposed that the relalned surplus of £280,152 Is transferred to reserves.
Aim8 and obJe¢tlves
Th8 aim of the company is to enable individuals and businesses to achi8ve Ihelr potentlal by providing a gUPPOrt
structure where enterprise is inspired and nurtured by 811 or any of the following means..
The provision of financial a5S13tan¢e, technlc81 asslstance or buslness advice and consultancy In order to
provide training and employment opportuni118s for th8 8conomirAlly Inactlve In cases of financial or other
charitable need through help in setting up their own business or supporting the groW(h and developrnent of
8xisling businesses;
The creation of training and self-8mploymenl opportunllles by the provlslon of workspace and the provlslon of
bulldlngs or land or both for use on favourablè grounds.,
The advancement of educatlon, training ar retraining particularly among unemployed and the economically
Inactive, youth and women:
Th8 reli8f of unemployment In such ways as may be thought fit including assistance In setting up in buslness.,
and
- The rellef of povety In such a way as may be thought flt.
How our charlty benaflts the publi¢
Our activities provide beneflt to the publie by.
Providing opportunity for entrepreneurship;
Providing opportunity for education.,
Providing opportunity for employment-
Providing opportunity for conllnued personal development via our training. seminars and conferences.,
Co-operating and ne￿orkIng with other public benefit groups.,
Bringing wealth into the local economy to relieve poverty, both personal and common- and
Improving wellbeing and citizenship by dealing with the dlsadvantaged.

ENTERPRISE CAUSEWAY LTD
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
A¢hlevements and perforniance
Charitable activities delivered and achieved by Enterprise Causeway Ltd for this perlod include:
137 indlviduals supported to start up new businesses
4 Exploring Enterprise training courses delivered targeting the economically inactive population
1,400 young people supported in enterprise aclivitles through Causeway Business Education Partnership
269 female enlrepreneurs supported vla International Woman's Day celebrations
101 microbusinesses engaged In Funding for Growth masterclasses
121 f8male entrepreneurs attended th8 new Coffee & Connect neI￿orkIng instiative
27 delegates attending the North Coast Digital Collective, an initiative to engage and support buslnesse$
working In the digital creative geclor
103 businesses provided with low Cost, easy-ln, easy-oul workspace accommodation
90* designer makers supported through our social enterprlse project, 'The Designerl&'
2,500 engaged in CommunityArts Outreach Programme
Awarded Best Social Enlerprlse of Year and Leader af the Year al Social Ent8rprise Northern Ireland awards
Flnancial revlew
The key funding Sources for thls reportlng perlod that enabled the dellvery of the organisation's strategic prioritie¥
In¢lud8'.
Enterprise Nl
R8nt81 income from the organisation's propety base
The Arts Council
Causeway Coast & Glens Council
- SEUPB
.DFE
-DFC
The Honourable The Irish Society
The results for the year are set out on pages 10 and 11, The company return8d net income for the year of
£280,15212022 - £130,606). At 31 March 2023 the total funds of the charity amounted to £2.025,S22 {2022
£1,745,370} comprising unrestricted income funds of £912,62812022 - £880,103), unreslrlcted designated funds
of £419,389 (2022- £449,903) and regliicted funds of £693,50512022- £415,364).
Reserves pollcy
The Trustees recommend that the net incom8 of £280,152 (2022 - £130,606) be added to the total Income fund
brought forward, The relevant fund now has a balance of £2,025,522 {2022 - £1,745,370}.
The Trustees consider that the yaar-end cash balance of £208,458 wlll ba m¢r8 than sufficient to meet the
ongoing operating costs and capilal requirements of the company.
Plan$ for the future
The future plans of thè company are as follows..
To continue to provide help In the way of advice, training and mentorfng to start-up businesses and exlsllng
buslnesses.,
To continue to make premises available for businesses ta operate from;
To continu8 lo promote enterprise to the education sector creating awareness of self-employment as a potentEal
career option.,
To Continue to benefit from being part of a larger collective called Enterprise Nl;
- To continue 5UPPOrting female entrepreneurship across Causeway Coasl & Glen5 region.,
- To continue 5UPPOrting the Dlgital Creative sector across Causeway Coast & Glens;
To provide a route lo market for local designer makers through The Designerie.
- To launch the Bushmills Courthouse in Q2 2024-
To contlnue delivery on a Communily Arts Education Programme for the benefit of Causeway Coa51 and Glens
region.
To launch joint venture with Ralhmullln Development Trust to support social innovatian

ENTERPRISE CAUSEWAY LTD
TRUSTEES, REPORT {INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Taxatlon
The company is a charity (Charity No NIC102034) and is recognised as such by HM Revenue and Customs for
taxation purposes, As a result there is no liability lo taxation on any of ils income.
Structurei governance and management
Enterprise Causeway Ltd continues to operate as a nol-for-profil charitable organisalion with Company Llmited
by Guarantee slalus. The organisalion is govemed by a Board of Trustees, comprising of 10 in total, The Board
adminlsters the charity and normally meels bi-monthly. The Chief Executive, Jayne Taggart. is appointed by the
Trustees to manage the day-to.day operation5 of Ihg charity. To facililale effective operalions, the Chlef
Executive has d8legaled authority, wilhin terms of delegatlon approved by the Trustees, for operational matters
including finance, ernploymenl and performance related aclivily.
Pay and remuneration for key management personnel are reviewed annually in June and remuneration Is
based on scope of responsibllilies and market value. Comparisons sought wllhln the wider LEA network, SENI
{Soclal Enterprlse for Nl} and C03 - a membership organisation for Chief Officers of the 3rd Sector.
Naw dir&ctOfS ara briefed on their legal obligations under charlly and company law, Ihe content of the
Memorandum and Articles of ASSO￿81[0n, the commtttee and decislon maklng process, the strategic prlorllles
and recent financial parfomiance ol th8 charity. They are free to discuss any Issue wlth other current dlreclors
or key employees. Directors are encouraged to attend any appropriate external tralnlng events where these wlll
facllltale the undertaking of thelr role. This provid8s an und8rstandlng of what Charity Trust8eship entails and
the responsibilities and duties that go wllh that posilion.11 is planned lo lacllilale Ir8lning on Good Governance,
The Charilies Act 2008 and the rèsponsibilities of DlreClors￿rUStees In relatlon to Ihls leglslatlon In 2023.
The registeied office of the company Is 17 Sandel Vlllage, Knocklynn Road, Coleralne, Northern Ireland, 8T52
1￿. The company reglslralion number Is N1017585.
The Truslees, who are also the dlreclors for the purpose ofcompany law, and who served during the year and up
lo the date of signature of the financlal statements were:
Mr J Armstrong
Mr P Hasson
Dr K Hutchinson
Mr W Kennedy
Mrs F Lundy
Dr M McKinney
Mr E Montgomery
Mr P McLaughlln
Ms Clara Sugden
{Appo5nled 24 March 20231
Appolntlng of trustees
At every General Meeting of Enterprise Causeway Ltd, one thlrd of the Trustees shall retlre from offic8,
representlng those who have been in longest offlce slnce thelr last electlon. A retiring Twslee shall b& eligible for
re.election, The Trustees have the power at any time and from tim&tO¥time to appoinl any person to be a Iruslee.
Related partles and Cowoperatlon with other organisatlong
None of our trustees receive remuneration or other benefit from their work with the charity. Any connection
be￿een a trustee or senior manager of the charity with any related parties must b8 disclosed to the full board of
trustees in the same way as any other contractual relationship with a related party. In the current year any such
related party transactions are reported In note 24 to the accounts.

ENTERPRISE CAUSEWAY LTD
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
statement of Trustees. responslbllities
The Trustees, who are also the directors of Enterprlse Causeway Ltd for the purpose of company law, are
responslble for preparlng the Trustees, Report and the financlal statements in accordance wilh appllcable law
and Unlled Klngdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company Law requlres the Trustees to prepare financial statements for each financial year which glve a true and
fair view of the stale of affairs of the ¢harily and of the Incoming resources and application of resources. Includlng
the Income and expenditure, of the charitable company for that year.
In preparlng these financial statements. the Trustees are required to:
select suitable accounllng pollcies and then apply them consislently;
observ& the methods and prlnclples In the Charities SORP;
make ludgemenls and esllmates that are reasonable and pnjdent;
state whether appllcable UK Accounllng Slandaids have been followed, subject to any material departures
dlsclosed and explained In the financial statemenl8', and
prepare th8 financlal slalements on the golng concern basls unless It Is Inapproprlate to presume that the
charlty wlll continue in operallon.
The Trustees are responslble for keeplng adequate accountlng records that dlsclose wlth reasonable accuracy at
any lime the financlal position of the charity and enable them to ensure that the flnancial slalements comply wlth
the Companles Act 2006. They are also responsible for safeguarding the assets of the charlty and hence for
laklng reasonable steps for the preventlon and detection of fraud and Other irregularities.
Audltor
In accordance wllh the company's artlcles, a resolution proposlng that Moore {N.I.I LLP be reappolnted as
audltor of th8 company will be put at a General Meeting.
D16closure of Informatlon to audltor
Each of the Trustees has confimed that there Is no infomiation of whlch they are aware whlch Is relevant to tha
audit, bul of whlch the 8udllor Is unaware. They have fvrther ujnfirmed that they have taken approprlale Steps to
identify such relevant Information and lo establish that the audltorls aware of such informallon.
The Trustees, report was approved by the Board of Trustees.
Mrs F Lundy
Trustee
Dated: 18 December 2023
VLLL-S