Company registration number: N1027378
St Columb's Park Reconciliation Trust
Company limited by guarantee
Flnancial statoments
31 March 2024

St Columb'8 Park Reconciliation Trust
Company limited by guarantee
Contents
Page
Legal and administrative information
Trustees, Report
Ind8pendent audito¢s report to the members
Consolidated Statement of Financial Activities for the y8ar ended 31 March 2024
10
Company Statement of Financial Activities for the year ended 31 March 2024
11
Consolidated Statement of financial posilion as at 31 March 2024
12-13
Statement of Cash Flow and Consolidated Cash Flow
14
Notes lo the Accounts
15-29

St Columb's Park Reconclliation Trust
Company limited by guarantee
Legal and Admlnlstratlve Informatlon
Status .
The organisation is a charitsble company limited by guarantee, incorporated on 01 April 1993 and is
recognised as a charity by the Northern Ireland Charity Commission and HM Revenue & Customs. The
governing document is the Memorandum and Articles of Association.
Under those Articles, the Trusteesldirectors are elected al the AGM to serve a period of 3 years.
Dire￿or5 .
Ms Laura Canavan
Mr Martin Doherty
Ms Mary McKinney
Mr Dominic Bonner
Mr Stephen Mccrudden
Ms Sarah Quilty
Mr Robin Young
(Appointed 25101124)
(Appointed 25101124)
Managlng Dlrector
Mrs Sharon Doherty
Accountants & Auditors .
Fergus McAteer & Co.
Chartered Accounlants
Statutory Auditors
31133 Clarendon Street
Derry
BT48 7ER
Maln Bankers .
Bank of Ireland
27 Culmore Road
Derry
BT48 8JB
Registered Office .
4 Limavady Road
DerrylLondonderry
BT48 1JU
HMRC Charlty Reference No:
X01144-93
N.1. Charlty Commlsslon Registration
Number .
NIC103557
Page 1

St Columb's Park Reconclliation Trust
Trustees. Annual Report
for the Year Ended 31 March 2024
The Directors are pleased lo present their annual report together with the financial statements of Ihe Charity
for the year ending 31 March 2024 which are also prepar@d to meet the requir8ments for a Directors, report
and accounts for Companies Act purposes.
The financial statements comply with the Charits'es Act INI) 2008. the Charities {Accounls and Reports)
Regulations {NII 2015. Companies Act 2006. the Memorandum and Articles of Association, and Accounting
and Reporting by Charities- Statement of Recommended PraGtise applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ir81and
(FRS102) (effective 1 January 2019.1
Directors and trustees
The directors of Ihe charitable company (the charity) are the trustees for the purpose of charity law.
The trustees during the year and at the 31 March 2024 were as follows:
Ms Laura Canavan
Mr Martin Doherty
Ms Emma Johnston
Ms Mary McKinney
Mr Dominic Bonner
Mr Stephen McCrudd8n
Ms Sarah Quilty
Ms Eimear Willis
Mr Robin Young
(Resigned 30 May 2023)
(Appointed 25 January 20241
(Appointed 25 January 20241
(Resigned 7 January 2023)
Objects and Activities
The Company's objects are the advancement of education and of other charitable purposes beneficial to
the community in Northern Ireland (the area of benefit) and in particular, but not so as to limit the generality
of the foregoing, the advancement of education in and the understanding of the different cultural traditions
of the peoples of the area of benefit and the improvement of community relations in the area of benefit.
Achievements, Activitles, Perfomiance and Future Plans
The year ended 31 March 2024 has been a very busy and productive year for the Trust and House. We
continue to look for new ways to build a more peaceful and shared society where everyone in our
community can thrive.
Our programmes in¢luded'.
Ignyte funded by The Intemational Fund for Ireland,
Bloom Project funded by the National Lottery Community Fund,
The REA Project funded by the Heritage Lottery Fund,
Fight for Myself programme based at HMP Magilligan funded by the Triangle Trust,
Connecting Communities at the Interface based in Currynierin funded by the Rank Foundation.
Future Leaders funded by Co-operation Ireland.
Back Lanes Project funded by the Asset Recovery Fund.
Moving Peace Forward funded by the International Fund for Ireland.
Page 2

St Columb's Park Reconciliation Trust
Trustees. Annual Report
for the Year Ended 31 March 2024
Our core aims of People Place and Peace represented in all of these programmos and have made
significant positive impact within our communities and for many individuals. The use of the outdoors as the
platform for many of our programmes provides us with the perfect way to engage a wide range of people
from across the City in a shared space. We are grateful for the support from all our funders, who entnjst us
with their grants lo make a positive difference to the lives of the people in our communities. The work of the
Trust furthers the advancemenl of education in and the understanding of the different cultural traditions of
local peoplè and contributes to the improvement in community relations in the local area.
Partnership building is increasingly important in these challenging times. We welcome the positive
partnership we have with Derry City & Slrabane District Council, as well as the many community and
volunlary organisations we collaborate with. We have spent the last 12 months growing our volunteer base
and it is their hard work that supports our staff team in realising our mission 'lo empower local citizens to
become changemakers, peace builders and community leaders.. We are indebted lo this group of
dedicated and committed volunteers who give so willingly of their lime and energy in the development of the
walled garden and wider grounds as a community green hub.
The Trust continue to develop and deliver our 5 year Strategic Plan, following on from extensive
consultation and research. The Strategic Plan encapsulates much of the rich reconcilialion journèy travelled
by the Trust to dale and broadens this to incorporate a new sustainable vision where every individual who
takes part in our projects embarks on a journey where they can start to realise their potential as
changemakers, peacebuilders and valued citizens.
Related Partle8
St. Columb's Park Reconciliation Trusl Limited has a wholly own8d subsidiary company (St. Columb's Park
House Limited) which operates and runs the St. Columb's Park Centre for and on behalf of the Trust. 11
covenanls all profits lo St. Columb's Park Reconciliation Trust Limited for the pursuit of its charitable aims.
Results and review of the buslne88
The company is a non-profit making organisation. The results are set out in detail on pages 10 10 29. The
company returned a net movement in funds of £4,752 {2023'. £3.918 ) after other r8cognis8d gains and
Reserves pollcy
The Trustees have reviewed the reserves of the company. This review encompassed the nature of the
income and expenditure streams, the need lo match variable income with fixed commitments and the
balance and nature of the reserves themselves. Sl Columb's Park Reconciliation Trusl aims to maintain
adequat8 resÈNes to enable us lo manage financial risk and deliver on our commitments. Our Reserves
Policy is to ensure that there is no disruption to our services al short notice, due to lack of funds, an
unforese8n reduction in income or an increase in expenditure, while at the same time ensuring that
reserves are no higher than necessary and not retained for longer than required. This gives lime in the
event of a drop in funding to seek alternative funds, restructure and cut costs whilst continuing to provide
service, and our aim is to maintain a level of general reserves lo meet the ongoing working capital
requirements of the organisation.
The Trustees have forecast the level of free reserves {Ihal is those funds not tied up in fixed assets, and
designated and restricted funds) that the charity will require to sustain its operations and meet its financial
obligations over future periods.
They Jre saiisli8L1 that Ihg resorves hold are more than adequale lor these purposos and will continue lo
monitor and review the funds held to ensure that the existin9 and future charitable aclivilies of the
organi5ation can be funded from its resources.
Page 3

St Columb's Park Reconclliation Trust
Trustees, Annual Report
for the Year Ended 31 March 2024
Designated funds (unrestricted) for the group - are those unrestricted funds that have been allocated by the
Trustees for specific purposes. The Trustees have designated £150,000 12023.. £135,000) of the free
reserves to cover a 6 month working capital buffer facility, for potenlial redundanGy costs and pending
essential Capital repair works.
Risk management
The trustees have examinéd the major stralegic. business and operational rlsks which the charity faces and
confirm thal the systems have been established to enable regular reports to be produced so that the
necessary Steps can be taken to lessen these risk5.
Statement of Trustees Responslbllltles
The ¢harity trustees (who are also the Directors of the St Columb's Park Reconciliation Trust for the
purposes of company lawl are responsible for preparing a Irustees, annual report and financial ststements
in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Practice).
Company law rèquires the trustees to prepar8 financial statements for each financial year which give a true
and fair view of the state of affairs of the charitable company and of the profit or loss of the company for thal
In preparing these the trustees are required to..
select suitable accounting policies and apply them consistently.,
make judgements and estimates that are reasonable and prudgnl-
observe the methods and principles in the Charities SORP.
state wh81her applicable UK accounting standards have been follow&d, subject to any material departures
disclosed and explained in the financial statements..
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
company will continL5e in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable
accuracy al any time the financial position of the company and to enable them to ensure that the financial
statements comply with the Companies Act 2006. They ar8 also responsible for safeguarding the assets of
the company and hence for taking reasonable steps for the prevention and detection of fraud and other
Pago 4

St Columb's Park Reconclllatlon Trust
Trustees, Annual Report
for the Year Ended 31 March 2024
Auditors
Each of the persons who Is a trustee at the date of approval of this report confirm that..
so far as each trustee is aware, there is no relevant audit information of which the company's auditor is
unaware., and
- they have taken all steps that they ought to have taken as a director to make themselves aware of any
relevant audit information and to establish that the company's auditor is aware of that information
The auditor is deemed to have been re-appointed in accordance with section 487 of the Companies Act
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the
small companies exemption.
These Financial Statements were approved by the board of directors and authorised for issue on 30
September 2024 and are signed on behalf of the board by..
tL£.
Mr Martin Doherty
Director
Page 5

st Columb's Park Reconcillatlon Trust
Company limited by guarantee
Independent auditorfs r8POrt to the membors of
St Columb's Park Reconcillatlon Trust (contlnued)
Year endod 31 March 2024
Oplnlon
We have audited the financial statements of Sl Columb's Park Reconciliats'on Trust for the year ended 31
March 2024 which comprise the Consolidated Statement of Financial Activities, Company Slatement of
Financial Activities, Consolidated Balance Sheel, Consolidated Stalemenl of Cash Flows and notes to th8
financial statem8nts. including a summary of significanl accounting policies. Th8 financial reporting framework
that has been applied in their preparation is applicable law and United Kingdom Accounting Standards,
including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland {United
Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements:
give a true and fair view of the stste of the group's and of the parent companvs affairs as at 31 March 2024
and of the group loss for the year then ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice-
and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinlon
We conducted our audit in accordance with International Standards on Auditing (UK) IISAS {UKII and
applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities
for the audit of the financial statements section of our report. We are independent of the company in
accordance with the ethical requirements that are relevant to our audit of the financi81 statements in the UK,
including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with
these requir8ments. W8 believe that the audit evidence we have obtained is sufficient and appropriate to
provide a basis for our opinion.
Concluslons relating to going concern
In auditing the financial stalements, we have concluded that the directors use of the going concem basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating lo events or
conditions that, individually or collectively, may cast significant doubl on the companls ability lo continue as a
going concern for a period of at least ￿e1ve months from when the financial statements are authorised for
issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are doscribed in the
relevant sections of this report.
Other Infomiatlon
The other information comprises the information included in the annual report, other than the financial
statements and our auditor's report thereon. The directors are responsible for the other information. Our
opinion on the financial statements does not cover the other information and, except to the extent otherwise
explicitly staled in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of tho financial statomonts. our rosponsibility is to road tho othor information and,
in doing so. consider whether the other information is materially inconsistent with the financial statements or
our knowledge obtained in the audil or otherwise appears to be materially misstated. If we identify such
material in¢onslStenGies or apparent material misstalements. we are required to determine whether there is
material misstatement in the financial statements or a material misstatement of the oth8r infomiation. If,
based on the work we have performed, we conclude that thère is a material misstatement of this other
information. we are required to report thal faGt.
We have nothing to report in this regard.
Page 6

St Columb's Park Reconciliation Trust
Company Ilmited by guarantee
Indepèndent auditorfs report to the members of
St Columb's Park Reconclliatlon Trust (contlnuedl
Year ended 31 March 2024
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on Ihe work undertaken in the course of the audit:
the information given in the directors, report for the financkql year for which the financial statements are
prepared is consistent with the financial statements.. and
the direGtors' report has been prepared in accordance with applicable legal requirements.
Matters on which we are requlred to r8POrt by exception
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us lo
report to you if. in our opinion..
adequate accounting records have not been kept, or returns adequate for our audit have not b08n received
from branches not visited by us., or
the financial statem8nls ar8 not in agreement with the accounting records and the returns,. or
certain disclosures of directors, remuneralion specified by law are not made., or
we have not received all the information and explanations we require for our audit. or
the directors were not entitled to prepare the financial statements in accordance with the small companies
regime and take advantage of the small companies, exemptions in preparing the directors, report and from
the requirement to prepare a strategic report.
Responsibilttles of dlrectors
As explained more fully in the directors, responsibilities statement, the directors are responsible for the
preparation of the financial statements and for being satisfied that they give a true and fair view, and for such
internal control as the directors determine is necessary to enable Ihe preparation of financial statements that
are free from material misstatement, whether due lo fraud or error.
In preparing the financial statements, the directors are responsible for assessing the company's ability to
continue as a going concern, disclosing, as applicable, matters related to going concern and using the going
concem basis of accounting unless the directors either intend to liquidate the company or to Cease operations,
or have no realistic alternative but lo do so.
Auditorfs responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free
from material misstatement. whether due to fraud or error, and to issue an auditor's report that includes our
opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in
accordance with ISAS (UK) will alway5 detect a material misstatement when it exists. Misstatements can aris8
from fraLsd or error and are considered material if. individually or in the aggregate. they could reasonably be
expecled lo influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities, outlined above. to detect material misstatements in respect of
irregularities, including fraud. The extent to which our procaduras are capabl8 of detecting irregularitl8S,
including fraud is detailed below..
Identlfylng and assesslng potentlal risks related to Irregularitlos
In identifying and assessin9 risks of material misstatement in respe¢t of irregularities. including fraud and
non-compliance with laws and regulations we considered the following..
the nature of the industry and sector and control environment
Page 7

St Columb's Park Reconciliation Trust
Company Ilmited by guarantee
Independant auditorfs roport to the members of
St Columb's Park Reconciliation TfU5t (contlnued)
Year ended 31 March 2024
the legal and regulatory framework applicable" the results of our enquiries of management and other key
persons about their own identification and assessment of the risks and irregularities
the charity own policies and procedures on compliance with laws and regulations including any instances of
non-compliance.
Audit response to risk identified
As a result of performing the above we identified and performed the following procedures
enquiry of management, those charged with governance around a¢lual and potential litigation and claims.
enquiry of entity staff in compliance functions to identify any instances of non-compliance wth laws and
regLtlations.
reviewing financial statement disclosures and testing to supporting d¢xumentation to assess compliance
with applicable laws and regulations.
perfomiing analytical procedures to id8ntify any unusual or unexpected relationships that may indicate risks
of materhal misstatement due to fraud.
auditing th8 risk of management override of controls, including through testing journal entries and oth8r
adjustments for appropriateness, and evaluating the busin&ss rationale of significant transactions outside
the normal course of business.
As part of an audit in accordance with ISAS (UK), we exercise professional judgmenl and maintain
professional scepticism throughout the audit. we also-
Identify and assess the risks of rnalerial misststement of the financial statements, whether due to fraud or
error, design and perform audit procedures responsive lo those risks, and obtain audit evidence that is
sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material
misslatemenl resulting from fraud is higher than for one resulting from error, as fraud may involve collusion,
forgery. intentional omissions, misrepresentations, or the override of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are
appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of
the internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates
and related disclosures made by the directors.
Conclude on the appropriateness of the directors use of the going concern basis of accounting and. based
on the audil evidence obtairsed, whether a material uncertainty exists relaled to events or conditions that
may cast significant doubl on the company's ability to continue as a going concern. If we conclude that a
material uncertainty exists. we are required to draw attention in our auditor's report to the rèlated
disclosures in the financial stat8m8nts or, if such disclosures are inadequate, lo modify our opinion. Our
conclusions are based on the audit evidence obtained up to the date of our auditor's report. However,
future events or conditions may cause the company to cease to continue as a going concern.
We communicate with those charged with governance regarding, among other matters, the planned scope
and liming of the audit and significant audit findings. including any significant deficiencies in internal control
that we idenlity during our audit.
Page 8

St Columb's Park Reconciliation Trust
Company limited by guarantee
Independent audltoes report to the members of
St Columb's Park Reconcillatlon Trust {¢ontlnued)
Year ended 31 March 2024
Use of our report
This report is made solely to th8 charitvs members, as a body, in accordance with Chapter 3 of Part 16 of the
Companies Act 2006. Our audit work has been undertaken so that we might state to the charitys members
those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest
extent permitted by law, we do not accept or assume responsibility to anyone olher than the charity and the
charivs members as a body. for our audil work. for this report, or for the opinions we have formed.
Conor McAteer (Senior Statutory Audilorl
.￿5 ￿CATE&
CHAATERED
For and on behalf of
Fergus McAteer & Co.
Chartered Accountants and Statutory Auditors
31133 Clarendon Street
Derry
BT48 7ER
3 0 SEP 2024
Page 9

St Columb's Park Reconciliation Trust
Company Ilmited by guarantee
Consolidated Ststement of Financial Activities
Ilncludlng consolldated Income and expendlture account)
for the Yoar Ended 31 March 2024
Unrestricted Restricted
Funds
Funds
Totals
2024
Totals
2023
Notes
Income and endowments
Donab'ons and legacies
304.042
304,042
377,052
Other trading activits'es
108,397
108,397
117,441
Inveslment income
1,266
1,266
301
Totsl Income
109,663
304.042
413.705
494,794
Expèndlture
Charitable activities
20.291
315,356
335.647
423,300
Raising funds
Total expenditure
79,302
3,510
318,866
82,812
418.459
67,576
490.876
Ngt incomel(oxpenditur8)
10,070
(14,824)
(4,754)
3,918
Transfer between funds
103,286
(103,286)
Net movement in funds
113,356
(118,110)
(4.754)
3.918
Reconcillation of funds
Total funds brought forward at 1 April 2023
260,346
985,444
1,245,790
1,241,872
Total funds carried forward at 31 March 2024
373,702
867,334
1,241,036
1.245,790
The stat8m8nt of financial activiti8s includes all gains and Ioss8s recognised in the year.
All income and expenditure derive from continuing activities
Page 10

St Columb's Park Reconciliation Trusl
Company limited by guarantee
Charity Statement of Financial Activities
(Includlng income and expenditure account)
for the Year Ended 31 March 2024
Unrestricted Restricted
Funds
Funds
Totals
2024
Totals
2023
Notes
Income and endowments
Donations and legacies
304.042
304,042
377.052
Other trading actiwties
36,479
36,479
55,177
Inveslment income
Total income
574
574
202
432,431
304,042
Exp8ndlture
Charitable activities
20,289
315,356
335,645
423.299
Raising funds
Total expenditure
6,693
26,982
3,510
318,866
10.203
345,848
5.215
428,514
Net incomel(expenditure}
10.071
114,8241
14,753)
3,917
Transfer between funds
103,286
(103,2861
Net movement in funds
113.357
(118,110)
{4,753)
3,917
Reconciliation of funds
Totsl funds broughl forward at 1 April 2023
260,345
985,444
1.245,789
1,241,872
Total funds carried forward at 31 March 2024
373,702
867.334
1,241,036
1,245,789
The statement of financial activities includes all gains and105ses recognis8d in the year.
All income and expenditure derive from continuing activities
Page 11

St Columb's Park Reconciliation Trust
Company limited by guarantee
Consolidated Balance Sheet as at 31 March 2024
Group
2024
Group
2023
Charity
2024
Charity
2023
Notes
Fixed Assets
Tangibl& Assets
Investments
Total fixed assets
11
12
795,265
824,354
795,265
100
824,063
100
824,163
795,265
824,354
Current Assets
Debtors
Cash at bank and in hand
Total current assets
13
35,766
456,655
492,421
121,923
334,047
455,970
111,917
351,916
463,833
204,295
234,419
438,714
Credltors: amounts falllng du•
within one year
14
46,650
34,534
18,162
17,087
Net Current assets
445,771
421,436
445,671
421,627
Total assets less current liabilltles
1,241,036
1,245,790
1,241,036
1,245,790
Net assets
1,241,036
1,245,790
1,241,036
1,245,790
The funds of the charlty
Restricted funds
Unrestricted funds
16
16
867.334
373,702
985,444
260.346
867.334
373,702
985,444
260,346
Total Charity Funds
1,241,036
1,245,790
1,241,036
1,245,790
These consolidated accounts are prepared in accordance with section 398 of the Companies Act 2006 and
the Charities Act {NII 2008 and applicable regulations. These financial statements have been prepared in
accordance with the provisions applicable lo companies subject to the small compani&s' regime and in
accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,.
Page 12

St Columb's Park Reconciliatlon Trust
Company limited by guarantee
These financial statements were approved by the board of directors and authorised for issue on 30
September 2024 and are signed on behalf of the board by".
Mr Martin Doherty
Director
The attached
otes form part of these a¢counts.
Page 13

St Columb's Park Reconciliation Trust
Company limlted by guarantee
Statement of cash flows (continued)
Year ended 31 March 2024
Group
Charity
2024
2023
2024
2023
Cash flows from operatlng actlvltles
ILoss)Iprofit for the financial year
(4,752)
3,919
(4,7521
3,918
Adjustments for..
Depreciation of tangible assets
Other interest receivable and similar income
Accrued expensesl{inGomel
Rounding
29.089
(1.266)
9,503
(2)
30.896
1301)
4,217
28.798
(574)
1,074
(1)
29,734
(202)
(650)
(1)
Chang8s in..
Trade and other debtors
Trade and other creditors
86,157
2,613
{40.016)
4,312
92,378
(44,920)
Cash generated from operations
121,342
3,026
116,923
(12,121)
Interest received
1.266
301
574
202
Net cash from operating activities
122,608
3,327
117.497
11,919
Net Increasel(decrease) In cash and Cash equlvalents
Cash and cash equivalents at beginning of year
122.608
334,047
3,327
330,720
117,497
234.419
(11,9191
246,338
Cash and cash equivalents at end of year
17
456.655
334.047
351.916
234,419
Page 14

Sl Columb's Park Reconcilialion Trust
Company Ilmited by guarantee
Notes to the financlal statements
Year ended 31 March 2024
General Inforniatlon
The charity is a public benefit entity and a private company Ilmited by guarantee, registered in Northem
Ireland and a registered charity in Northern Ireland. The address of the registered office is St Columb's
Park House, 4 Llmavady Road, D8rrylLondonderry, BT48 1JU.
Accounllng pollcles
Basls of preparatlon and Slalement of Compllance
The financial statements have been prepared in accordance with Accounting and Reporting by
Charities.. Statement of Recommended Practice applicable to charili8s pr8paring their accounts in
accordance with the Financial Reporting Standard applicabl8 in the UK and Republic of Ireland (FRS
1021 (effective 1 January 2019) - (Charities SORP IFRS 1021), the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 102) and the Companies Act 2006.
The financial statements are prepared in sterling, which is the functional curr8ncy of the 8ntity.
Golng concern
There are no material uncertainties about the charitys ability to continue.
Group flnanclal statements
The financial statements consolidate the results of the charity and its wholly owned subsidiary on a
line-by-line basis. The subsidiary company is detailed below.
Subsldlary Name
Company Number
Parent Company
Control
100 % Shareholder
St Columb's Park House Limit8d
N1031899
Income
All income is included in the statement of financial activities when entitlement has passed lo the charity,
it is probable that the economic benefits associated with the transaction will flow to the charity and the
amount can be reliably measured.
Income represents the total value of grants received and receivable as well as other income arising
from olher operating activities during the year.
Income from government and other grants. whether 'capital' grants or 'revenue' grants, is r8cognised
when the charity has 6ntitlemenl to the funds. any performance conditions attached to the grants have
been met. it is probable that the in¢om8 will be received and the amount can be measured reliably and
is not deferred
Interc8t receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably
by the charity; this is normally upon notification of the interest paid or payable by the Bank.
Page 15

St Columb's Park Reconciliation Trust
Company limlted by guarant88
Notes to the financlal statoments (contlnuedl
Year onded 31 March 2024
Expendlture
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT
which cannot be fully recovered, and is classified under headings of the statemenl of financial activities
to which it relates..
expenditure on raising funds includes the costs of all fundraising activities. ev8nts and non-charitable
trading activities.
expenditure on charitable acts'vilies includes all costs incurred by a charity in undèrtaking activities Ihat
further its charitable aims for the benefit of it5 beneficiaries, including those support costs and costs
relating to the governance of the charity apportioned to charitable activities.
other expenditure includes all expenditure that is neither related lo raising funds for the charity nor part
of its expenditure on Gharitable aclivitl8S.
All costs are allocated to expenditure categories reflecting the use of the resource. Direcl costs
attributable to a single activity are allocated directly to thal activity. Shared costs are apportioned
between the activities they contribute to on a reasonable, justifiable and consistent basis.
Taxation
During the current year the company has only been involv8d in charitabl8 activities in furtherance of its
charitable objects and is not liable to Income Tax or Corporation Tax.
Tanglble assèts
Tangible assets are initially recorded at cost, and are subsequently stated al cost less any accumulated
depreciation and impairmenl losses.
Any tangible assels Garried at revalued amounts are recorded al the fair value at the date of revaluation
less any subsequent accumulated depreciation and subsequent accumulated impainnent losses.
Depreciation
Depreciation is calculated so as to write off the c05t or valuation of an asset, less its residual value,
over the useful economic life of that asset as follows..
Long leasehold property
Fixtures, fittings and equipmenl
Cafe fixtures and fittings
Computer Equipment
20
slraight line
200/0
straight line
25°/0
straight line
33.3Yo Straight line
If there is an indication that there has been a significant change in depreciation rate, useful life or
residual value of tangible assets, the depreciation is revised prospectively to reflect the new eslimates.
Fixed a55et investments
Fixad asset invèstments ar@ initially rtteordod at cost. and subsoquently Stated al cost less any
aecumulaled impairm6nt losses, Listed investments are measured at fair value with changes in fair
value b8ing rgcognls8d in profit or loss.
Page 16

St Columb's Park Reconciliation Trust
Company Ilmited by guarantee
Notès to the financial statements {continued)
Year ended 31 March 2024
Investments In assoclates
Investments in associates accounted for in accordance with the cost model are recorded at cost less
any accumulated impairment losses.
Investments in associates accounted for in accordance with the fair valu8 model are initially recorded at
the transaction price. At aach reporting date. the investm8nts are measured al fair value, with changes
in fair value recognised in other comprehensive incomelprofit or loss. Where it is impracticable lo
measure fair value reliably without undue cost Of effort, the cost model will be adopted.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount
being estimated where such indicators exist. Where the carrying value exceeds the recoverable
amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible ￿VerSal at
each reporting date.
Flnancial Instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the
contractual provisions of the inslrument.
Basic financial inslruments are initially recognised at the transaction price, unless the arrangement
constitutes a financing iransaction, where it is recognised at Ihe present value of the future payments
discounted at a market rate of interest for a similar debt instrument.
Employee bèneflts
When employees have rendered sernice to the company, short-term employee benefits to which the
employees are entitled ar& recognised at the undiscounted amount expected to b8 paid in exchange for
that service.
Defined contn'bution plans
Contributions to defined conlribution plans are recognised as an expense in the period in which the
related service is provided. Prepaid contributions are recognised as an assel to the extent that the
prepayment will lead to a reduction in futtjre payments or a cash refund.
Limited by guarantee
Sl Columb's Park Reconcilialion Trust is a registered charity limited by guarantee without a share
capital.
HMRC Charity Reference Number.. X01144-93
N.1. Charity Commission Regislration Number.. NIC103557
Page 17

St Columb's Park Reconciliation Trust
Company limited by guarantee
Notes to the financial statements (continued)
Year ended 31 March 2024
Funds
Unrestricted Revenue Funds-
comprise those revenue funds which the management committee
are free to use in accordance with the company objectives.
Restricted Revenue Funds -
comprise those revenue funds vthich have been given for particular
purposes and projects.
Unrestricted Capital Funds
comprise those nel assets which the trust is able lo apply freely in
pursuit of its own charitable objectives and related purposes.
Restricted Capital Funds -
compnse Ihose net assets which at the end of the accounting
period have specific grant and other conditions restricting either
their use or their disposability for defined periods.
Designated funds -
compnse of unrestricted funds of the Gharity which the trustee5
have decided at their discretion to set aside to use for a specific
purpose.
Nel losslprofit
This is stated after chargingllcrediting)=
Group
2024
Group
2023
Charity
2024
Charity
2023
Depreciation of tangible assets
Impairment of trade debtors
Fees payable for tha audit of th8 financial
statements
29,089
25
30.896
88
28.798
29.734
6,442
6,198
4,336
4,056
Page 18

St Columb's Park Reconciliation Trust
Company Ilmited by guarantee
Notes to the financial statements (continued)
Year ended 31 March 2024
Staff costs
The average number of persons employed by the company during the year, including the directors,
amounted to..
2024
2023
Managemenl and finance staff
Programme staff
House staff
10
The aggregate payroll costs incurred during the year were-
2024
2023
Wages and salaries
Social security costs
Other pension costs
194.671
14,926
10,161
196,506
13,206
9.765
219.758
219.477
No employee has received employee benefits of more than £60,00012023 - None)
None of the trustees have been paid any remuneration or received any other payment from an
employment with the charity or a related party.
None of the trustees have had expenses reimbursed in the year.
The key management personnel for Ihe parent charity and the group are the trustees, the Operations
Manager, the Finance Manager and the Finance Officer. The total employees benefits of the key
management personnel of the trust were £70,179 {2023 - £65.909)
Page 19

St Columb's Park Reconcllialion Trust
Company Ilmited by guarantee
Notes to the financial statements {conttnued)
Year ended 31 March 2024
7. Income
Group
Restrlcted
Restrlcled
Funds
Funds
2024
2023
Charity
Restrlcted
Restrlcted
Fund5
Funds
2024
2023
Incoming from charltable actlvltles
DCSDC - Core Fund & Core Utilities
Derry City & Strabane Dislrict Council -
DCSDC- Ground Improvements
Community Relations Council - Core
C(FOperation Ireland - National Citizens
Co-operation Ireland - Future leaders
8ig Lottery Fund - Tiny gardens
Big Lottery Fund - BLOOM project
Heritage Lottery Fund
Joseph Rowntree Charitable Trust
Northem Ireland Office - Curryni8rin Support
Northern Ireland Office - Keeping people
National Garden Scheme
Garvagh People's Forest
The Community Foundation - Civic
The Community Foundation Nl - Techies in
The Execulive Office - Peace in the Park
PHA
IFI PYD Proje¢l
IFI Moving Peace Forward
Waterside Neigbourhood Partner
Arts Council of Northern Ireland
Rank Foundation
Triangle Trust
PBNI
The Ireland Funds - America Ireland Funds
Department of Foreign Affairs
Department of Justice
Various small grants
4,000
500
4,000
500
500
26,522
21,737
500
26,522
21,737
4,000
4,000
7,025
9.060
47.371
7,025
9,060
47,371
94,742
30,520
94,742
30.520
12.500
31,583
28.305
12,500
31,583
28.305
5,000
5,000
9,226
17,172
10,000
1,140
4,958
86,262
9,226
17,172
10,000
1,140
4,958
86,262
3,850
80,231
4,585
6,109
731
15,615
28,350
1.650
5.000
12.493
4,987
1,680
3.850
80,231
4,585
6,109
731
15,615
28,350
1,650
5,000
12,493
4,987
1,680
6,579
33,000
6.579
33,000
9.750
9.750
12,362
12,362
2,000
2,000
Total
377,052
377,052
Page 20

St Columb's Park Reconciliation Trust
Company limited by guarantee
Notes to the financial statements (continued)
Year ended 31 March 2024
Group
Charlty
Unrestricted Unrestricted Unrestrictsd Unrestrlcted
Funds
Funds
Funds
Funds
2024
2023
2024
2023
Incomè from other tradlng actlvitles
Room Hire
Accommodation
Catering
Service Char9es
Cafe Rent
Other income
Total
40,943
49,688
8,375
5,876
59,977
36.338
6,344
3,375
1,120
10,287
117,441
525
3,515
108.397
36,479
36,479
54,652
Investment income
Bank inlefest fetsived
1,266
1,266
301
301
574
574
202
202
Page 21

St Columb's Park Reconciliation Tru81
Company limited by guarantee
Notes to the financial statemènts Icontlnued)
Year ended 31 March 2024
Expendlture
Group
2024
Group
2023
Charity
2024
Charity
2023
Expenditure on Ralslng Funds
Wages and salaries
Employer's social security contributions
Staff pension costs - defined contribution
Rates
Insurance
Light and heat
Repairs and maintenance
Printing, postage and stationery
Telephone
Travelling and entertainment
Accountancy fees
Auditors remuneration
Bad debts
Bank charges
General expenses
Charitsble donations
Subscriptions
Depreciation
Total
22,700
2,840
1,875
2,009
3.886
5,002
25,249
4,052
3,673
144
2,760
6,442
25
170
979
250
465
291
82,812
18,470
2,348
2,041
4,629
3,615
10,860
8,274
5,244
3,316
121
500
1,650
635
813
300
2,760
4,336
6,198
88
266
419
4,056
525
1,162
144
224
5,215
Expenditure on raising funds was £82,812 (2023 - £67,576} of which £79,302 was unrestricled (2023
£66,641) and £3,510 restricted (2023 - £9351
Page 22

St Columb's Park Reconciliation Trust
Company Ilmited by guarantee
Notes to tho financial statements (continued)
Year ended 31 March 2024
9. Expenditure
Group
2024
Group
2023
Charity
2024
Charity
2023
Expendlture on Charltable Actlvltles
Wages and salanes
Employerfs s￿181 security contribulions
Staff pension costs - defined contribution
Light and heat
Repairs and maintenance
Printing, postage and stationery
Programme Costs
Bank charges
General expenses
Charitable donalions
Depreciation of tangible assets
Total
171,971
12,085
8,286
25,852
1,729
618
84,600
328
1,380
178.036
10.858
7,724
18,919
14,650
509
162,134
297
439
171.971
12,085
8,286
25,852
1,729
618
84.600
328
1.378
178.036
10,858
7,724
18,919
14,650
509
162.134
297
439
28,798
29.734
423,300
28.798
335.645
29,734
423,300
Expenditure on charitable acb'vilies was £335,647 {2023 £423,300} of which £20,291 was unrestricted
{2023- £36,162) and £315,356 restrict8d12023- £387.138).
Page 23

St Columb's Park Reconciliation Trust
Company limited by guarantee
Notes to tho financial statements (continued)
Year ended 31 March 2024
10.
St Columb's Park House Limited
The wholly owned subsidiary St Columb's Park House Limited is incorporated in Northem Ireland
(company number N10318991. Sl Columb's Park Houses Limited is a not for profit Peace and
Reconciliation Centre which Govenants any profit to the parent. A summary of the financial results is
shown below.
The summary financial performance of the subsidiary alone is..
2024
2023
Income
Expenditure
Net Incomlng resources for tha year
108.397
(108,3971
116,916
(116,916)
The assets and liabilities of the subsidiary were:
Fixed Assets
Current Assets
Current liabilities
Long term liabilities
Net assets
291
113,904
{114,0951
114,613
(114,513)
100
100
Total Shareholdèr Funds
100
Page 24

St Columb's Park Reconcillatlon Trust
Company Ilmlted by guarantee
Notes to tho financial statements (contlnu•d)
Year ended 31 March 2024
11.
Tangible assets
Long
Fixtures,
Computer
leasehold fittings and Equipment
propety equipment
Total
Cost
At 1 April 2023
Addilions
Disposals
1,297.224
132,772
53,922 1,483.918
At 31 March 2024
1,297,224
132,772
53,922 1,483,918
Depre¢latlon
Al 1 April 2023
Charge for the year
486,992
25.944
121,986
2,097
50,586
1,048
659,564
29,089
At 31 March 2024
512.936
124.083
51,634
688,653
Carrylng amount
At 31 March 2024
784,288
8.689
2.288
795,265
At 31 March 2023
810,232
10,786
3,336
824,354
Leasehold land and buildings represents the written down value of capltalised renovations and
refurbished works carried out to the property at St Columb's Park House. The costs were entirely
grant aided in previous financial years. St Columb's Park House Centre is owned by Derry City and
Strabane District council and so no costs of the existing building or the land on which it is situated is
reflected in the financial statements of Sl Columb's Park Reconciliation Trust. Dery City and
Strabane District council has awarded the Trust a new 50 year lease on the building, vthich ends in
the year 2063.
Included in fixtures, fittings and equipment is cafe fixtures. fith'ngs and equipment which are
depreciated at 25 % straight line.
Page 25

St Columb's Park Reconcilialion Trust
Company limited by guarantee
Notes to tho flnancial Statements (continued)
Year ended 31 March 2024
11 (a). Tanglblg assets - Charity
Long
Fixtures.
Computer
leasehold fittings and Equipment
propety equipment
Tolal
Cost
At 1 April 2023
Disposals
At 1 Aprll 2023 and 31 March 2024
1,297.224
128,123
53,922 1,479.269
1,297.224
128,123
53,922 1,479,269
Depreclatlon
At 1 April 2023
Charge for the year
486,992
25,944
117,628
1,806
50,586
1.048
655,206
28,798
At 31 March 2024
512,936
119,434
51,634
684,004
Carrylng amount
At 31 March 2024
784,288
8,689
2,288
795,265
At 31 March 2023
810,232
10,495
3,336
824,063
12.
Group Undertakings
The charity holds 100 shares of £1 each in the wholly owned subsidiary company St Columb's Park
House Limited. These are the only shares allotted, ca118d up and fully paid. The subsidiary company is
incorporated in Northern Ireland. The financial results for Ihis company afe summarised in note 10.
13.
Deblor8
Group
2024
Charity
2024
2023
2023
Trade debtors
Prepayments and accrued income
Other deblors
34.507
1,259
121,033
890
25.992
107,488
258
96,549
85,925
35,766
121,923
111,917
204,295
Page 26

St Columb's Park Reconciliation Trust
Company limited by guarantee
Notes to the finan¢lal statements (continued)
Year ended 31 March 2024
14.
Credltors: amounts falllng due wlthln one year
Group
2024
Charlty
2024
2023
2023
Trade creditors
Accruals and deferred income
Other creditors
9.685
36,965
7,072
27,462
18,062
100
16,987
100
46,650
34,534
18,162
17,087
15.
Employee benefits
The amount recognised in profit or loss in relation to defined contribution plans was £10.161 (2023:
£9.765).
Page 27

St Columb's Park Reconciliation Trust
Company limited by guarantee
Notes to the financial statements {continued)
Year ended 31 March 2024
16.
Analysls of charltable funds
Analysls of movements In group unrestrlcted funds
Balance at
Incomlng Resources Transfer Funds at
1 Aprll 2023 Resources Expended between 31 March
Funds 2024
General Fund
Designated Fund
125,346
135.000
109,663
(99,5931
88,286
15,000
223.702
150,000
260,346
109.663
(99,593) 103,286
373,702
Analysis of movements in charity unrestricted funds
Balance at
Incoming Resources Transfer Funds at
1 Aprll 2023 Resources Expended Between 31 March
Funds 2024
Gene￿1 Fund
Designated Fund
125,345
135,000
37,053
(26,9821
88,286
15,000
223.702
150,000
260,345
37.053
126,982) 103.286
373.702
Analysts of movements in group restricted funds
Balance at
Incoming Resources Transfer Funds at
1 Aprll 2023 Resources Expended Between 31 March
Funds 2024
Restricted Fund
985,444
304,042 1318,866) {103,286) 867.334
985,444
304,042 (318,866) {103,286) 867,334
Page 28

St Columb'8 Park Reconciliation Trust
Company limited by guarantee
Notes to the financial statoments (contlnuedl
Year ended 31 March 2024
Analysls of movements In charlty restrlct•d funds
Balance at
Incoming Resources Transfer Funds at
1 April 2023 Resources Expended Between 31 March
Funds 2024
Restricted Fund
985,444
304,042 1318,866) {103,286) 867,334
985,444
304,042 (318,866) {103,286) 867,334
Analysls of group net assets betwoon fund8
General DesignatedRestri¢ted
Fund
Fund
Fund
Total
789,597
795.265
59.430
456,655
25,992
35,766
(7,685) (46,650)
Fixed Assets
Cash at bank and in hand
Other current assets
Current liabilities
5,668
247,225
9,774
{38,965)
150,000
Total
223,702
150,000
867,334 1.241,036
17.
Analys15 of changes In net debt
Group changes in cash and cash equivalents
At 1 April Cash flows At 31 MarGh
2023
2024
Cash and cash equivalents
334,047
122,608
456,655
Charity changes In cash and cash equivalènts
At 1 April Cash flov￿ At 31 March
2023
2024
Cash and cash equivalents
234,419
117,497
351,916
Page 29