COACHING FOR CHRIST LTD. formerly known as COACHING4CHRIST Trustees, report Jnd flnanclal statements for the year ended 28 February 2023 Company No: N1058166 Charity No: XR 91939 CCNI No: NIC103281
COACHING FOR CHRIST LTD. formerly known as COACHING4CHRIST Contents Page Contents Charity informatlon Trustees. report Independent Examlners, report ststement of Flnanclal Actlvltles Balan sheet Notes to the flnanclal statements 10-15
COACHING FOR CHRIST LTD. formerly known as COACHING4CHRIST Charity informatlon for the year ended 28 February 2023 Trustees Mr Donald Coulter (Chairman) Mr Richard Wilson Mr Adam Strong Mr Mark Beattie Mr John Loughery Mr Stephen Clarke Chief Executlve Officer Mr Stephen Crawford Reolstered Offlce up to 28 June 2023 14 - 16 The Dlamond Ahoghlll Ballymena BT42 IJZ Reglstered Offlce from 29 June 2023 124 Broughshane Street First Floor, Fairhill House Ballymena Co. Antrim BT43 6EE Company Number N1058166 Charlty Number XR 91939 NIC103281 Independent Examlners FPM Accountants Llmlted Unit I, Building 10 Central Park, Mallusk Road Newtownabbey, BT36 4FS Bankers Bank of Ireland Church Street Ballymena BT43 6DG
COACHING FOR CHRIST LTD. formerly known as COACHING4CHRIST Trustees. report for the year ended 28 February 2023 The Directors (who are also the trustees) are pleased to present their annual report together with the financial statements of the charity for the year ending 28 February 2023, which are prepared to meet the requirements for a directors. report and accounts for Companies Art purpose5. The dlrectors have adopted the provislons of the Companies Act 2006 and Accounting and Reporting by Charitie5: Statement of Recommended Prartice applicable to charitie5 preparing accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland Icharities SORP - FRS102), in preparing the annual report and financial Statements of the charity. Reference and adminlstratlve detalls Registered charity name: Charlty Commlsslon reglstratlon number,, HMRC charlty reference: Company reglstratlon number: Coaching4Christ NIC103281 XR 91939 N1058166 Dlrectors and Trustees of the Companv The directors who held office during the year were as follows: Mr Donald Coulter (Chairman) Mr Rlchard Wi150n Mr Adam Strong Mr Mark Beattle Mr John Loughery Mr Stephen Clarke Structure. governance and management The Company is a charlty Ilmlted by guarantee wlthout share capital whlch avalls of the "Limited" exemptlon. The company Is governed by Its Memorandum and Artlcles of Assoclatlon dated 15 February 2006 and updated In January 2022. In the event of the Company belng wound up members are requlred to contrlbute an amount not exceeding £10. The Boardls responslble for the overall governance of the Company and is actively involved in the day to day management of the organlsatlon. Dlrettors are appointed in line with the Memorandum & Articles of Assoclatlon of the company. The Board of D1CtorS are also known as Trustees for the purposes of the Charlty Commission. Appolntment of Trustees As Set out In the Articles, Directors of the Company (who serve as Trustees of the Charity for the purposes of Charity Law) are elected by the member5 of the companyi or can be co-opted by the Directors. Trustee Induction and Tralnlng Incoming Members of the Board of Directors are aware of the aims and objectives of the Charity and the manner in which the Trustees carry out their responsibilities. The Chalr. supported by the Chief Executive. oversees an induction process for new Directors. who are provided with key documents, including the Articles of Association of the company. An overview of the operations of the company is provided by the Chief Executive and new Dirertors are afforded the opportunlty to meet with key staff and view the key elements of the company's operations.
COACHING FOR CHRIST LTD. formerly known as COACHING4CHRIST Trustees. report for the year ended 28 February 2023 Organlsation The Board ofTrustees administers the Charlty. The Board meets a minimum of 4 times per annum. The operations of the charity are managed on a day-to-day basis by a Chief Executive, appointed by the Board of Trustees. Rlsk management The directors have conducted a review of the major rfsks to whSch the charity Is exposed. Flnancial risk Is revlewed on a monthlv basls having due regard to ongoing Income and expenses. Objectlves and Actlvltles (and how they dellver publlc beneflt) The Company Is a non-proflt making entity. The prlnclpal activlty of Coaching4Chrlst Is that of charity which is reglstered accordlng to the law of Northern Ireland to advance the Christian falth via sport. The Mlnistry operates in 6 aspects:_ youth development through our Youth Academy 15-12 year old5) League teams (13-17 year olds) our schools work (5-18 year olds), summer camps and Intematlonal work, wlth support In all of thls through our Prayer Warriors. In setting our object5ves and planning our activities for the year the trustees have given careful consideration to the Charity Cornmi55ion for Northern Ireland'5 guidance on public benefit to ensure that the actlvltles have helped to achleve the charlty's purposes and provide a beneflt to Its beneflclarles. Our Youth Academy ha5 grown considerably in the last year. and we now have 400 young people attendlng on a weekly basls where we share the transformlng Gospel message and offer hlgh quality coachlng. Offerlng 3 areas of coachlng soclal, development and league football no-one Is excluded. We have 8 teams in the South Belfast League, and they are perfonnlng very well wlth two league winners and a trophy wln. We are very prtvlleged to be invited into schoo15 in the mid and east antrlm area - 17 In total Including prlmary and secondary level, whlch allows us to Sha the Gospel wlth 2000 young people weekly. Alongside this we offer programmes which are age relevant and offer help around issues that the young people are faclng, such as bullylng, poor mental health and low self-worth. The recorded outcomes have been very encouraging so much so that we have been asked to outreach Into more schools In the wlder N.l. area. The Vision for our schools, work Is tremendous and we are working alongslde the schools to offer Leadershlp Tralnlng and Development. We have also been asked to offer our servlces within the schools, curriculum for PE and sports whlch we have introduced in the last year. We are also involved In runnlng three schools, teams. As the relationship wlth schools grows the coaches are gettlng more opportunltles to share in School Assemblies. We currently have a waiting list of schools, and we continue to offer opportunities for further volunteer coaches to help make all this reality. As a full time. team, we actlvely look at our personal development In areas relevant such as coach education with 3 of our coache5 obtaining their 'C' Licence and progre55ing onto completlng thelr'B' Ilcence in the next year. We have one new full-time 5elf-employed coach.
COACHING FOR CHRIST LTD. formerly known as COACHING4CHRIST Trustees. report (continued) for the year ended 28 February 2023 and erform Our New Young Volunteer Initiative contlnues to be è huge success where we offer the opportunity to shadow our coaches and for the coaches to mentor them in a physical and spiritual capacity. Training Ground was launched in September 2022 and is an online community created to IMPART wisdom and IMPRINT our vision so people can IMPACT their world. Four maln themes of teaching. EVANGELISM: ENCOURAGE- Encourage people to know Jesus DISCIPLESHIP- EQUIP- Equip people to follow Jesus LEADERSHIP: Empower people to Ilve like Jesus COACH EDUC4TION-Coach Education/Coaching Sesslons Fln funds txjring the year the charity received donatlons totalllng £263,764 and had expendlture of £243,988, t the year end the charlty had £29,842 of unrestrlcted cash funds to meet the contlnulng runnlng costs of the company. The company plans to contlnue Its activltles in the forthcoming years. The SerVe pollcy of Coaching4Chrsst is to aim to hold reserves of 3 months of unrestrlrted running costs. At present Coachlng4Christ have unrestrlcted reserves equal to 3 months unre5trlcted running costs. As a mlnlstry we have outgrown our bulldlng based In Ahoghill, Co. Antrlm, the buildlng 15 now up for sale. Our plans upon sale are to look for offices whlch wlll meet our needs. We are so thankful for the buildlng and the Mlnlstry It has been used for but also for the fact that the sale of the bulldlng will free up resources and allow us to actlvely look for ground on which to build the stadium that has always been the Vlslon of the Mlnlstry. Our Youth Academy has grown and contlnues to grow, wlth our own stadlum It will allow us to Increase our capaclty to outreach to an extra 1000 young people a week. Planting the work of Coaching for Chrlst In the Natlons - we are attlvely worklng wlth partners In Spaln and Amerlca to take CFC global. The charity does not hold any funds on behalf of others. ta This report has been prepared in accordance wlth the speclal provlslons relatlng to companles subject to the small companles regime within Part 15 of the Companle5 Act 2006. ir slbilitie The directors (who are the trustees of Coaching4Christ) are responsible for preparing the dirertors, report and the financial statements in accordance with applicable law and regulations. Company law requires the director5 to prepare financial Statements for each financial year. Under that law the directors have prepared the financlal staternents in accordance with United Kingdom Generally Accepted Accounting Prartice (United Klngdom Accounting Standard5 and applicable law).
COACHING FOR CHRIST LTD. formerly known as COACHING4CHRIST Trustees. report (contlnued) for the year ended 28 February 2023 teme nsibllltles ctd... Under Company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resource5 and application of resources, Including income and expenditure for that period. In preparing these financial statements, the dlrectors are requlred to.. select sultable accountlng policies and apply them consistentlyi observe the methods and principles in the Charities SORP-FRSIO2' make judgements and accounting estimates that are reasonable and prudent; state whether applicable accountlng standards have been followed, subject to any materlal departures disclosed and explained in the financlal statement; and prepare the flnanclal statements on the going concern basls unless It Is Inapproprlate to pSurne that the company woll contlnue In business. The directors are responslble for keeping adequate accounting records that are sufflcient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial posltion of the charltable company and enable them to ensure that the financial statements comply with the Companles Act 2006. They are also responslble for safeguarding the assets of the charitable company and hence for taklng reasonable Steps for the preventlon and detectlon of fraud and other IrgUlarItIeS. statement of Dlsclosure to our Independent Examlners In the case of each director In office at the date the Directors. Report Is approved: so far as the director15 aware, there Is no relevant accounts Informatlon of whlch the charlty's independent examiners are unaware. and they have taken all the steps that they ought to have taken as a director In order to make themselves aware of any relevant accounts infonnation and to establish that the charltable company'5 independent examiners are aware of that information. ned on behalf of the trustees MrDo ald Coulter Irector Date
Report of the Independent Examiners to the trustees of Coaching for Christ Ltd. (a company limited by guarantee) I report to the trustees on my examlnatlon of the financial statements of Coachlng for Chrlst Ltd. (the charlty) for the year ended 28 February 2023. Responslbllltles and basls of report As the trustees of the charlty (and also Its dlrectors for the purposes of company law) you are respon51ble for the preparation of the flnancial statements in accordance wlth the requlrements of the Companies Act 2006 {the 2006 Act). Having satisfied myself that the financlal statements of the charlty are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report In respect of my examination of the charlty'5 financlal Statements carried out under section 65 of the Charltles Act (Northern Ireland) 2008 (the 2008 Act). In carrying out my examlnatlon I have followed all the applicable Directlons glven by the Charlty Commlsslon under section 65{9)(b) of the 2008 Act. Independent examlner's statement I have completed my examlnatlon. I confirm that no matters have come to my attentlon In connection wlth the examlnatlon giving me cause to believe that in any material respect: accountlng record5 were not kept In respect of the charlty as requlred by sectlon 386 of the 2006 Act; or 2 the financial statements do not accord wlth those records. or 3 the flnancial statements do not comply with the accounting requirements of sectlon 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which Is not a matter considered as part of an independent examlnation. or 4 the flnanclal statements have not been prepared In accordance wlth the methods and prfnclples of the Statemene of Recommended Practice for accounting and reporting by charities appllcable to charltles preparing their accounts In accordance wlth the Flnanclal Reporting Standard appllcable In the UK and Republlc of Ireland (FRS 102). I have no concerns and have come across no other matters in connectlon with the examlnation to which attentlon should be drawn In thls report In order to enable a proper understandlng of the flnancial statements to be reached. Dated.. Lowry Grant FCCA for, and on behalf of, FPM Accountants Limited 1-3 Arthur Street Belfast Co. Antrim BTI 4GA
COACHING FOR CHRIST LTD. formerly known as COACHING4CHRIST statement of Financial Actlvlties (incorporating an Income and Expenditure account) for the year ended 28 February 2023 2023 Total 2022 Total Notes Unrestricted Restricted Income and endowments from: Donatlons 143,883 143.883 112,065 Charitable Activltles 68,264 50,999 119.263 49,090 other Trading Actlvltleg 618 618 1,966 Investment Income Total Income and Endowments 212,765 50.999 263.764 163,121 Expendlture on: Ralslng Funds 580 580 7,986 Charitable Activities 200 549 243 408 153 331 Total Expendlture 201,129 42,859 243,988 161,317 Net Income for the Year Transfers between funds Net movement In funds Reconciliation of Funds: Fund Balances Brought Forward li 103,161 188,121 291,282 289.478 Fund Balances Carrled Forward li 114 797 196 261 311 058 291 282 All Income derlves from continulng actlvltles, therefore no statement of recognlsed galns or losses Is given. The statement of financial activitles also complles wlth the requ1MentS for an Income and expenditure account under the Companies Act 2006. The notes on pages 10 to 15 form an integral part of these financial statements.
COACHING FOR CHRIST LTD. formerly known as COACHING4CHRIST Balance Sheet as at 28th February 2023 Notes 2023 2022 Fixed assets Tangible Assets 363,701 378,179 Current assets Debtors Investments Cash at bank & In hand 31,656 24,305 95,707 83,584 Credltors: amounts falllng due within one year 19,600 24,231 Net Current Assets 76,107 59,353 Total assets le•* current Ilabllltles 439,808 437,532 Credltors: amounts falllng due after more than one year 128,750 146,250 Net aggets 311 058 291 282 Funds Unrestricted: General Funds li 114,797 103,161 Restrlcted Funds io 196,261 188,121 li 311 058 291 282 The company Is entltled to the exemptlon from the audlt requlrement contained in section 477 of the Companles Act 2006, for the year ended 28 February 2023. No member of the company has deposited a notlce, pursuant to sectlon 476, requlrlng an audit of these flnanclal statements. The trustees acknowledge their responslbillties for ensuring that the charlty keeps accounting records whlch comply wlth sectlon 386 of the Act and for preparing financial statements whlch glve a true and fair view of the state of affairs of the company as at the end of the flnancial year and of Its Incomlng resources and appllcatlon of resources, Includlng its income and expenditure, for the financial year In accordance wlth the requirements of sectlons 394 and 395 and whlch otherwlse comply wlth the requlrements of the Companles Act 2006 relating to financial statements, so far as applicable to the company. These flnanclal statements have been prepared In accordance wlth the provlslons appllcable to companies subjert to the small companles regime. Th Inancial stat were approved by the Board and slgned on its behalf: MrD nald Coulter Date Company No: N1058166 The notes on pages 10 to 15 form an integral part of these financial statements.
COACHING FOR CHRIST LTD. formerly known as COACHING4CHRIST Notes to the Flnancial Statements for the year ended 28 February 2023 I. ACCOUNTING POLICIES The principal accounting policies adopted, judgements and key sources of estimation uncertainty In the preparation of the financial statements are as follows: a) Basis of preparation The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preoarinq their accounts in accordance with the Financial Reportinq Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019) - (Charities SORP (FRS 1021. the Financial Reportinq standard applicable Sn the UK and Republlc of Ireland (FRS 102) and the ComDanles Act 2006. Coachlnq4Christ meets the deflnltlon of a Dubllc beneflt entity under FRS 102. A55et5 and Ilabilitles are Inltlallv recoqn15ed at hlstorlcal cost or transaction value unless otherwise stated In the relevant accountlnq Dollcy note{5). bl Preparatlon of the accounts on a qoinq concern basls At the tlme of approvlng the flnancial statements, the trustee5 have a reasonable expectation that the charlty has adeouate resources to continue In operatlonal exlstence for the foreseeable future. Thu5 the trustees contlnue to adopt the qolnq concern ba51s of accountlnq In Dreparinq the flnanclal statement5, c) Fund Accounting Unrestricted funds are funds whlch are avallable for use at the discretion of the Trustees In furtherance of the general objettlves of the Charlty and which have not been designated for other purposes. Restrlcted funds are funds which are to be used in accordance with speclflc re5triction5 imposed by donors or which have been ralsed by the Charity for partlcular purposes. The cost of raising and adminlsterlng such funds are charged against the speclflc fund. The aim and use of restricted funds Is set out In the notes to the financial statements. Restrltted fund5 may only be transferred to general or desSgnated funds once the criteria for restriction have been dlscharged or no longer apply. d) Income Income is recoqnlsed when the charlty Is leqally entitled to It after any performance condltlons have been met, the amounts can be measured rellably, and It Is probable that Income wlll be received. Cash donatlons are recoqnised on recelpt. other donatlons are recoqni5ed once the charltv has been notlfled of the donation, unless performance condltlons require deferral of the amount. Income tax recoverable In relation to donations recelved under Gift Aid or deeds of covenant is recoqni5ed at the time of the donatlon. e) Donated services and facllltles In accordance with the Charltles SORP I FRS 102), the qeneral volunteer time of supporters Is not recognised. f) Expenditure and Irrecoverable VAT Expenditure Is recognlsed once there Is a legal or construttlve obllgatlon to make a payment to a third party, It 15 probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headlng: Expenditure on charitable activities cornorises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both c05t5 that can be allocated directly to such activities and those costs of an indirect nature necessary to 5UPPOrt them. 10
COACHING FOR CHRIST LTD. formerly known as COACHING4CHRIST Notes to the Financial Statements for the year ended 28 February 2023 I. ACCOUNTING POLICIES ctd... n Expenditure and irrecoverable VAT ttd... AII costs are allocated between the expendlture categories of the Statement of Flnancial Activities on a basls designed to reflect the use of the resource, Costs relating to a partlcular activity are allocated directly, others are apportioned on an appropriate basis. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred. g) Tanglble flxed assets and depreciation Tangible fixed a55et5 are stated at cost less depreciation, Depreciation is provided at rates calculated to wrlte off the cost or valuatlon of flxed a55ets, less their estlmated resldual value, over their expected useful lives on the followlng basis: Propertv 20/0 on cost Offlce equlpment 200kn reduclng balance Gym equipment IOVO on c05t Sport5 clothing and equlpment 50% on cost The carrylng value5 Df tangible fixed assets are reviewed for impairment when events or circumstances indicate the carrying value may not be recoverable, h) Debtors Trade and other debtors are recognised at the settlement amount due after any trade dlscount offered. Prepayments are valued at the amount prepaid after taklng account of any trade dlscounts due. l) Cash at bank and In hand Cash at bank and cash In hand Includes cash and short temi current accounts. i) Creditors and provisions Credltors and provlslons are recognlsed where the charity has a present obligatlon resulting from a past event that will probably result In the transfer of funds to a thlrd party and the amount due to settle the obligatlon can be measured or e5tlmated rellably. Creditors and provision5 are norrnally recognised at their settlement amount after allowlng for any trade dlscounts due, k) Flnancial Instruments The trust only has financial assets and flnancial Ilabllltles of a klnd that quallfy as b35ic flnanclal Instruments. Baslc flnancial Instruments are initlally recognlsed at transaction value and subsequently measured at their settlement value wlth the exception of bank loans which are subsequently measured at the carrylng value plus accrued interest less repayments. The financing charge to expendlture is at a constant rate calculated uslng the effectlve Interest method. l) Taxatlon The company 15 a registered charity and the charitable tax exemptions are therefore being claimed to the extent that income and/or gains are applicable and applied to charitable purpose5 only. These exemption5 will remaln in place as long as income and expenditure is applled to charltable purpose5 only.
COACHING FOR CHRIST LTD. formerly known as COACHING4CHRIST Notes to the Financlal Statements for the year ended 28 February 2023 I. ACCOUNTING POLICIES ctd... m) Crltical accountlng estlmates and Judgements In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and Ilablllties that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basls. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affetts only that perlod, or In the period of the revlslon and future perlods where the revision affects both current and future perlods. 2. RESULTS FOR THE YEAR The result for the year has been arrlved at after charging the followlng:" 2023 2022 Depreclatlon 3. EMPLOYEE INFORMATION 2023 2022 staff Costs Wages, Salarfe5 and Pen51ons Penslon 42,645 42,576 Average monthly number of persons employed by the company during the perlod: Dlrectors Management Admlnlstration Number Number There were no high paid staff with no employee receiving over £60,000. Penslon costs are allocated to actlvltles In proportlon to the related staffing costs Incurred and are wholly charged to unrestrlcted funds. The charity trustees were not paid or recelved any other benefits from employment wlth the charlty, nelther were they reimbursed expenses durlng the year (2022: £nll). 12
COACHING FOR CHRIST LTD. formerly known as COACHING4CHRIST Notes to the Flnancial Statements for the year ended 28 February 2023 4. FIXED ASSETS Property Equipment TOTAL cosr At l March 2022 Addition5 Disposals At 28 February 2023 420,850 123,567 614 544.417 614 420,850 124.181 545.031 DEPRECIATION At l March 2022 Dlsposals Charge for the year At 28 February 2023 67,301 98,936 166.237 8.417 75,718 6,676 105,612 15.093 181.330 NET BOOK VALUE At 28 February 2023 345,132 18.569 363,701 At 28 February 2022 353,549 24,631 378,180 5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Gift ald refund Other debtor5 9,060 6,761 6. CREDrroRS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Trade Creditors other Credltors Property Loan 1,736 2,864 7,124 2,107 7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2023 2022 Property Loan 128 750 146 250 128 750 146 250 The property purchase loan is now being repaid by monthly In5talments of £1,250 over the remaining term. This loan is secured by a charge over the company property. 13
COACHING FOR CHRIST LTD. formerly known as COACHING4CHRIST Notes to the Financial Statements for the year ended 28 February 2023 8. INCOME Unrestricted Restricted Funds Funds 2023 Total 2022 Total Income and Endowments from: Donatlons General donations Donations - project5 Tax recovered on donations Donations from C4C Unlte 109,021 2,141 12,669 109,021 2,141 12,669 87,929 6,761 143 883 143 883 112 065 The 2022 total of £112,065 was all unrestrlcted, Unrestrlcted Restrlcted Funds Funds 2023 Total 2022 Total Charltable Actlvltles Trip contribution5 Kit sponsorship and Income Youth academy donations Grants recelved TBF Thompson Stadlum Donation Other Income 36,678 1,850 36,678 1,850 62,274 2,971 10,000 62,274 500 44,917 1,787 2,471 10,000 119 263 The 2022 total of £49,090 wa5 all unrestrlcted. 9. EXPENDITURE Unrestrlcted Restrlcted Funds Funds 2023 Total 2022 Total Expendlture on: Charitable Actlvltles Project resources expended Wages and salarles Runnlng costs Depreciation Other expenses 61,743 44,350 73.623 10,589 35,884 97,627 44,350 76.094 15,093 24,118 44,436 54,918 15,312 2,471 4,504 200 549 243 408 153 331 The 2022 total of 153,331 was spllt £4,661 restrlrted and £148,670 unrestrlcted. 14
COACHING FOR CHIUST LTD. formerly known as COACHING4CHRIST Notes to the Financial Statements for the year ended 28 February 2023 10. RESTRICTED PROGRAMME FUNDS Balance at Incoming 113122 Resources Resources Expended Transfers Balance at 2812123 C4C Centre Bible Project International Travel and Trips Kit sponsorshlp and Income Other T8F Thompson Capltal Project 206 Stadlum Project Lynas Charitable Trust Capltal Walter Watson Charltable Trust Capital Md and East Antrlm Council 162,519 175 647 (3,477) 159,042 175 3,291 36,678 (34,034) 1,850 (1,850) 37 2,838 20,705 37 2,211 20,705 10,000 400 {627) 10,000 600 (200) 600 (200) (2,471) 400 2,471 188.121 42,859 196,261 11. ANALYSIS OF NEf ASSETS BETWEEN FUNDS Unrestrlcted Restrirted Funds Funds Total Fund balances at 28 February 2023 are represented by: Tangible assets 201,648 Net current assets 41,899 Credltors due after one year (128,750) 162,053 34,208 363,701 76,107 (128,750) 114 797 196 261 311 058 12. RELATED PARTIES Durlng the year Coachlng for Christ Ltd recelved donatlons from the related party C4C Unlte of £20,052 (2022.. £16,730). There was £22,596 owed at the year end. 15