OpenCharities

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2024-03-31-accounts

Trustees MrThomasCollinsMBE
MsMaryGibson
MrDavidLaughlin
Secretary MrThomasCollinsMBE
Charitynumber NIC102215
Companynumber N1025252
Registeredoffice 33NewRow
Kilrea
Co.Londonderry
NorthernIreland
BT515TA
Independentexaminer Moore(N.I.)LLP
30-32LodgeRoad
Coleraine
BT521NB
Bankers DanskeBank
MainStreet
Kilrea
Coleraine
Co.Londonderry
BT515QS
Solicitors MacaulayWrayLLP
35NewRow
Coleraine
CoLondonderry
BT521AH

Unrestricted Unrestricted
funds funds
2024 2023
Notes
£
£
Incomefrom:
Investments 3 16,039 12,095
Expenditureon:
Charitableactivities 4 2,110 4,735
Other 9 2,194 2,165
Totalresourcesexpended 4,304 6,900
Netgains/(losses)oninvestments 10 55,233 (38,168)
Netmovementinfunds 66,968 (32,973)
Fundbalancesat1April2023 766,138 799,111
Fundbalancesat31March2024 833,106 766,138

2024 2023
Notes £ £ £ £
Currentassets
Investments 13 837,406 768,268
Cashatbankandinhand 433 563
837,839 768,831
Creditors:amountsfallingduewithin 14
oneyear (4,733) (2,693)
Netcurrentassets 833,106 766,138
Netassets 833,106 766,138
Thefundsofthecharity
Unrestrictedfunds 833,106 766,138
833,106 766,138

Investments
Unrestricted Unrestricted
funds funds
2024 2023
Investmentincome 16,033 12,089
Interestreceivable 6 6
16,039 12,095
4 Charitableactivities
2024 2023
Roomhire -
664
Charitableeventexpenditure -
2,295
2,959
Shareofgovernancecosts(seenote5) 2,110
1,776
2,110
4,735
5 Supportcostsallocatedtoactivities
Charitable Total
activities
2024 2023
Governance 2,110 1,776

5 Supportcostsallocatedtoactivities (Continued)
2024 2023
Governancecostscomprise: £ £
Auditfees 2,040 -
Legalandprofessional - 1,706
Generalexpenses 70 70
2,110 1,776
6 Netmovementinfunds 2024 2023
Thenetmovementinfundsisstatedaftercharging/(crediting):
Feespayablefortheindependentexaminationofthecharity'sfinancial
statements 2,040 -

2024 2023
Number Number

Unrestricted Unrestricted
funds funds
2024 2023
Financingcosts 61 64
Investmentfees 2,133 2,101
2,194 2,165

Netgainsl(losses)oninvestments
Unrestricted Unrestricted
funds funds
2024 2023
Revaluationofinvestments 55,233 (38,168)

Thecharityisexemptfromtaxationonitsactivitiesbecauseallitsinco meisappliedforcharitable purposes.
12 Financialinstruments 2024 2023
Carryingamountoffinancialassets
Instrumentsmeasuredatfairvaluethroughprofitorloss
837,406 768,268
13 Currentassetinvestments
2024 2023
Unlistedinvestments 837,406 768,268
14 Creditors:amountsfallingduewithinoneyear
2024 2023
Tradecreditors 1,000 1,000
Accrualsanddeferredincome 3,733 1,693
4,733 2,693


designatedfundswhichh

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funrestrictedfu
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At1April
2023
Incoming
resources
Resources
expended
Gainsand
losses
At31March
2024
Generalfunds 766,138 16,039 (4,304) 55,233 833,106

Unrestrictedfunds (Continued)
Previousyear: At1April Incoming Resources Gainsand At31March
2022 resources expended losses 2023
Generalfunds 799,111 12,095 (6,900) (38,168) 766,138