Company Registration No. N1043293 (Northern Ireland)
ids.
chartered accountants
CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED
(Being a Company Limited by Guarantee and not having a Share Capital)
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
IDS Chartered Accountants LLP
23125 Queen Street
COLERAINE
Co Londonderry
BT52 1BG

CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMIT
chartered accountants
CONTENTS
Page
Legal and administrative information
Trustees, report
Independent auditorfs report
8-10
statement of financial activities
11
Balance sheet
12
Notes to the financial statements
13-20

CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITEiids
chartered accountants
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees,
George McAuley
Graham Seymour
Roy Craig
Patrick McKeever
Oliver McMul,an
Dr P Jose
Mr A McAlister
Mrs J Taylor
Mr R H M Wilson
MrWT Kennedy
Mr R J Stewart
(Appointed 27 June 2023)
(Appointed 20 September 2022)
(Appointed 20 September 2022)
(Appointed 20 September 2022)
(Appointed 30 June 2023)
(Appointed 30 June 2023}
Secretary
Mr G WThompson
Charity number
106064
Company number
N1043293
Registered office
The Old Bank
27 Main Street
ARMOY
Co Antrim
BT53 8SL
Auditor
IDS CharteredAccountants LLP
23125 Queen Street
COLERAINE
Co Londonderry
BT52 1 BG

CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMIT
chartered accountants
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2023
The members, who are also directors of the Charity for the purposes of the Companies Act present their report
and accounts for the year ended 31 March 2023.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to accounts
and comply with the Companies Act 2006 and "Accounting and Reporting by Charities., Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20151..
Objectives and activities
The charity's objects are specifically restricted to promotion for the benefit of the public of the advancement of
education, the promotion of sustainable development and biological diversity, the advancement of rural
regeneration and the consetvation, maintenance, improvement and protection of the physical, natural and built
environment of the Causeway Coast and Glens. The policies adopted in furtherance of these objects are as
follows and there has been no change in these during the year.
to advance the education of the public or any local or statutory authority in the principles and practice of
conservation, and the conservation and protection of wildlife and marine life in an effort to encourage
conservation.,
to advance, promote, preserve and further the conservation maintenance and proleLtion of features of
the landscape in the area of benefit with geographical, historic, physiographical or amenity value and to
enhance their contribution to existing environmental amenities in the area of benefit for the public
benefit.,
to advance the education of the public in subjects relating to sustainable development and the
protection, management, enhancement and rehabilitation of the environment and to encourage and
promote study and research in such subjects provided that the useful results of such study are
disseminated to the general public.,
to advance any other exclusively charitable purpose as the directors, may from time to time, decide in
accordance with the law of charity.
The Trustees, have paid due regard to guidance issued by the Charity Commission in deciding what activities the
charity should undertake.
The direct benefits that flow from CCGHT'S purposes are..
Habitat protection and enhancement through measures including establishing habitat management
plans, controlling invasive species and addressing the risk of wild fires.
Protection of native species such as the red squirrel and native woodlands.
Improved public access to the area and mitigation of the impact of increased visitor numbers through
engagement with landowners and the building, maintenance and promotion of paths.
Restoration of the built heritage through the repair of the historic stonewalls and other historic structures
and monuments in the area.
Securing of the living heritage of the area for future generations through the collection and collation of
heritage material.
Sharing of the heritage of the area for the education and enjoyment of the public through events,
publications, exhibitions, training courses and volunteering opportunities.
The above will lead to protection of cultural values, heritage and the environment for future generations.,
enhanced appreciation and enjoyment of the area., increased social and economic well-being of local
communities., conservation and enhancement of the special qualities of the Causeway Coast and Glens for
currenl and future generations,. development of outdoor skills and active lifestyles.

CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMIT
chartered accountants
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2023
Our activities are designed lo enhance and protect the environment and contribute to well-being Any potential
harms are 0￿￿e1ghed by the benefits and alleviated through respecting the rights of all stakeholders, managing
access, reducing wildfires and controlling invasive species.
The benefi'ciaries of the work of the Causeway Coast and Glens Heritage Trust are..
The local population in terms of improved access, heritage events and interpretation and development of
outdoor skills and active lifestyles.
The general public including out of state visitors in terms of the conservation of the Areas of Outstanding
Natural Beauty as a public asset. improved access to enjoy the area and enhanced appreciation and
en￿oyment of the area through providing information on the living heritage, flora and fauna.
Local landowners through the control of unwanted access and the safeguarding of boundaries and
livestock through the building and repair of paths, stiles and bridges. Local landowners receive a private
benefit through the Control of unwanted access and the safeguarding of boundaries and livestock.
There are no private benefits lo any other individuals connected with the organisation other than the payment of
salaries to staff which is a necessary requirement in order to provide our services and therefore incidental to the
carrying out of our purpose.
Achievements and performance
2022-23 proved to be a challenging but rewarding year for CCGHT. This year (hopefully} saw the e￿1 of COVID
and a loosening of the reslriclions impacting upon us all. It meant that CCGHT was able to engage in much
more direct face to face activity and perform more normally. The organisalion has, like many others, decided to
learn from the COVID experience and continues to adopt hybrid working practices. This return to normal is
reflected in the accounts which demonstrate an increase in non-salary related support costs from £67k to £93k.
returning to pre-2020 expenditure levels.
Salary costs increased from £458k to £475k reflecting the appointment of 2 new members to the team in
December. This amounted to a like for like 2 % increase in salary and related costs against a much larger than
expected pay settlement. CCGHT follows the national NJC pay agreements Feached betW￿n local authorities
and employees which increased pay bills by almost 10 %. CCGHT'S Finance and Governance Subcommittee, on
behalf of its Board, keeps a close eye and tight control on running costs and expenditure.
CCGHTS income and expenditure reached record levels. This was largely due to the step up in actimty of the
Binevenagh Landscape Partnership Scheme. Overall income rose from £768k to £857k and expenditure from
£720k to £875k. The operating deficit of £22k was In line with agreed budget allocations.
The 2 new part-time members of staff are Gary Shaw, who was appointed as Fundraising Manager, and Portia
Woods, the Communication Officer. These posts are designed to make the organisation more resilient.
Appointments were made following generous support from the Department for Communities and National Lottery
Heritage Fund
Perhaps the greatest disappointment for CCGHT this year has been the difference in ils relationship between the
organisation its partner Councils. A strong and effective relationship exists with Causeway Coast and Glens
Borough Council. CCGBC has agreed that from 2023 onwards its payrnenl to CCGHT should increase in line
with inflation, the first increase since 2015. Additional work this year has included Chris Millar reviewing the
walking trails network across the Council area including the Causeway Coast Way.
A different story exists with Mid and East Antrim Council, which, desplte significant benefits reatised in its area,
has neglected to provide funding for CCGHT. CCGHT is exploring mechanisms to see how this situation can be
addressed. The overall Council position is far from that adopted by the 2 Council appointed Board members
Councillor Maureen Morrow and Alderman Tommy Nicholl
who could not have been more supportive and
committed to the work of CCGHT.

CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMIT
chartered accountants
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2023
2022-23 saw the last year of a 4-year funding cycle from DAERA'S Environment Fund. It is expected that in 2023
an annountsment will be made for a new 5-year funding cycle from the "carrier bag levy.. This will provide a
solid base for CCGHT lo continue its important work. This year CCGHT received £288k from DAERA which
allowed il to provide the effective management of the 3 AONBS in the area and to oversee the strategic
management of the Giant's Causeway World Heritage Site by the team led by Nikki Maguire. Further support
was received from DAERA to undertake WHS management plan activities including a technical assessment of
the Causeway stones, a series of marine beach clearances and the promotion of resilient farming practices in the
distinctive setting of the WHS. CCGHT also completed the periodic report for UNESCO confirming the state of
the WHS. CCGHT continues, through DAERA support, to provide a suite of activities on Rathlin Island including
support for the LIFERAFT project.
Perhaps the most innovative activity engaged in by the CCGHT team this year was to build on work undertaken
by the Binevenagh LPS Team and. through DAERA funding. build on the establishment of a native tree nursery in
HM P Magilligan. CCGHT staff, in particular Aisling Gribbin, have worked closely with Officers and inmates from
the prison to grow native trees for use in environmental and other projects. 11 is hoped that this project may be
built upon and become self-suslaining with any surplus being invested in CCGHT'S environmental activities and
to assist the prison in delivering further prisoner rehabilitation work.
The Binevenagh LPS entered its 3rd year with activity lovels ramping up. This 5-year strategic project, based at
Magilligan Field Centre, is promoting natural heritage, outdoor recreation and built heritage activtiies in the area.
The built heritage activities are primarily focused on defence heritage and progress has been made in the
development of restoration projects for the Limavady Airfield Trainer Dome and the fomier Magilligan anti-aircraft
battery under the watchful eye of our in-house archaeologist Grace McAllister', natural heritage projects
undertaken by Laura McAuley have included the restoration of Casllerock Moors and riparian work at the Curly
Burn, Outdoor Recreation activities have proven to be slower to gel off the ground for a wide range of reasons.
Excellent progress, driven by Mel McQuitty, has been made in the development of the Castlerock Tales and
Trails project. The LPS has been masterfully chaired by Roy Baillie and led by Andrew Bratton. CCGHT is
grateful for the continued support of all the LPS Board members and the on-going financial contributions from
CCGBC, the National Trust, the Loughs Agency, the Woodland Trust and of course the main funder the National
Lottery Herttage Fund.
This year saw the GonGlusion of probably the last programmes funded through the Eus Northern Perit*)ery and
Arctic Programme. The COAST programme highlighted issues relating to isolated coastal communities and
involved partners in Iceland, Finland, Sweden and Ireland. The Northern Irish case study was Rathlin and a
toolkit was developed to assist in coming to terms with many of the issues faced. The Northword StoryTagging
Programme involved partners in Scotland, Finland and Sweden. This innovative programme involved the
collection of stories and using those stories to develop creative projects to promote tourism activities in the area
and enhance the activities of the selected artists and artisans.

CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMIT
chartered accountants
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2023
CCGHT continues to support the Economusée network managed by Carole O'Kane and Tierna Mullan. The
COVID emergency saw Hillslown Brewery and Scullion Hurls refocus their activities and cease operating as
Economusées,. it is hoped that at some stage in the future they will return to the fold. On a more pos11ive note
Fidela Coffee from Coleraine was launched as the 13th workshop. CCGHT receives little financial support for
the promotion of the network bul plans are in development to find funding sources to allow the network to thrive
and expand.
Amongst the many individual projects delivered by CCGHT the Uncharted Histories Project led by Rachel Garrett
has perhaps received the most publicity. Again, supported by CCGBC, an online map was developed for the
Causeway Coast AONB area highlighting places of interest and including links to stories and oral histories from
and about the people of the area. This has proven to be a very popular resource.
This year saw CCGHT biggest ever corporate donation. We are exceptionally grateful to Proximo Spirits, the
owners of Bushmills Distillery who appointed CCGHT as ils charitable partner. CCGHT was the recipient of the
entirety of the monies raised in a charity auction. This exceeded £43k. 12 sets of12 miniatures of limited-edition
Bushmills whiskeys released the previous year were auctioned online. It is hoped that the relationship will
continue in future years.
During the year CCGHT said farewell to long-standing Board members Shirley Orr and Hubert Nichol. The
Board and staff are grateful for their long years of service. Andrew McAllister, Julie Taylor and Robert Wilson
were appointed lo the Board with Joan Condell and Paul Jose assurning shadow roles prior to their substantive
appointments when the current Chair and Deputy Chair, Graham Seymour and Fioy Craig, step down later in
2023.
Finally, a huge vote of thanks should be given to our administrative team-. Ann-marie Laverty and Barbara Lynch
who provide excellent support and guidance to allow the team to deliver on its many varied activities.
Financial review
The Charity regularly reviews its policy on risk. The main risks to the Charity are associated with being
adequately funded to continue with its main objectives. The Charity is heavily dependent on grants from DAERA
each year, with DAERA being the biggest individual funder with a grant of £288,102.
The net deficit for the year to 31 March 2023 was £21,592 {2022. nel surplus of £52,163).
The organisation has assessed the major risks to which the charity is exposed and is satisfied that systems are
in place to mitigate exposure to the major risks.

CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITEids
¢I￿rtered accountants
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2023
structure, governance and management
The charity is a company limited by guarantee. Causeway Coast and Glens is governed by a memorandum and
articles of associatior). the company is recognised as a charity by HMRC (Charity Number: 1060641.
The Truste8s', who are also the directors for the purpose of company law, and who served during the year and
up to the date of signature of the financial statements were..
Shidey Orr
Max Bryant
George McAuley
Margaret Anne McKillop
Graham Seymour
Hubert Nicholl
Sandra Hunter
Roy Craig
Mary Morrow
Thomas Nicholl
Patrick McKeever
Sharon McKillop
Oliver Mcmullan
Dr P Jose
Mr A McAlisler
Mrs J Taylor
Mr R H M Wilson
Mr WT Kennedy
Mr R J Stewart
(Resigned 20 September 20221
(Resigned 27 June 2023)
{Resigned 30 June 2023}
(Resigned 20 September 2022)
(Resigned 30 June 2023)
(Resigned 30 June 2023)
(Resigned 27 June 2023}
(Resigned 27 June 2023}
(Appointed 27 June 2023)
(Appointed 20 September 2022)
(Appointed 20 September 20221
(Appointed 20 September 20221
{Appoinled 30 June 2023)
(Appointed 30 June 2023)
None of the Trustees, has any beneficial interest in the company. All ofthe Trustees, are members of the
company and guarantee lo contribute £1 in the event of a winding up.
CCGHT is a publiclprivatel voluntary sector partnership set up in 2002 and managed by a Board of 13 TNslees
who are familiar with and have knowledge and regard to the Charity Commission Nl's Publio Benefit
requirements. Representation on the Board includes the local councils, voluntary sector bodies, tourism,
government, farming and cotnmunity organisalions. With a small core staff and time bound project staff the
Causeway Coast & Glens Heritage Trust is led by the Chief Executive Officer in the small North Antrim village of
Armoy.
The Causeway Coast and Glens Heritage Trust (CCGHT) has no statutory powers and as such seeks to
influence and work in partnership with a range of statutory and other bodies to achieve Its aims, purposes and
objectives. In addition to influencing strategic direction, CCGHT secures and distributes funding to assist in the
implementation and delivery of its own objectives. It supports the development of strategies and the delivery of
programmes and plans, which aim to ensure the long-term benefit of the area and to balance this with current
economic developmenl in a sustainable manner.
CCGHT has responsibility for a large area of Northern Ireland covering two council areas- Causeway Coast &
Glens and Mid & EastAntrim Borough Councils. It includes IhreeAreas of Outstanding Natural Beauty -
Binevenagh, Causeway Coast (including the Giant's Causeway and Causeway Coast World Heritage Site) and
Antrim Coast and Glens (including Ralhlin Island). It also includes several Ramsar sites, which all have
international importance for their bird life alongside many Special Areas of Conservation, Special Protection
Areas and Areas of Special Scientific Interest.

CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITEids
chartered accountants
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2023
Statement of Trustees. responslbllltles
The Trustees,, who are also the directors of Causeway Coast and Glens Heritage Trust Limited for the purpose of
company law, are responsible for preparing the Trusteeg, Report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice).
Company Law requires the Trustees, to prepare financial statements for each financial year which give a true and
fair view of the stale of affairs of the charity and of the incoming resources and application of re sources, including
the income and expenditure, of the charitable company for that year.
In preparing these fi'nancial statements, the Trustees, are required to..
select suitable accounting policies and then apply them consistentSy',
observe the methods and principles in the Charities SORP.,
make judgements and estimates that are reasonable and prudent., and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
charity will continue in operation.
The Trustees, are responsible for keeping adequate accounting records that disclose with reasonable accuracy
at any time the financial position of the charity and enable them to ensure that the financial statements comply
with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for
taking reasonable steps for the prevention and detection of fraud and other irregularities.
Audltor
In accordance with the cornpany's articles, a resolution proposing that IDS Chartered Accountants LLP be
reappointed as auditor of the company will be put al a General Meeting.
Disclosure of information to auditor
Each of the Trustees, has confirmed that there is no information of which they are aware which is relevant to the
audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to
identify such relevant information and to eslabllsh that the auditor is aware of such information.
The Trustees, report was approved by the Board of Trustees,.
Graham Thompson (Secretary)
Dated.. 19 September 2023

CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMIT
chartered accountants
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES, OF CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED
Opinion
We have audited the financial statements of Causeway Coast and Glens Heritage Trust Limited {the 'charity') for the
year ended 31 March 2023 which comprise the statement of financial activities, the balance sheet and notes to the
financial statements, including significant accounting policies. The financial reporting framework that has been
applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial
Reporting Standard 102 The Financial Reporting Standard applicable the UK and Republic of Ireland (United
Ktngdom GenerallyAccepted Accounting practi￿).
In our oplnlon, the financial statements..
give a truo and fair view of the stale of the charitable company's affairs as at 31 March 2023 and of its
incoming resources and application of resources, including its income and expenditure, for the year then
ended.,
havo been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practi￿.,
and
have been prepared in accordance with the requirements ofthe CompaniesA¢t 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UKII and applicable
law. Our responsibilities under those standards are further described in the Auditoffs responsibilities for the audit ol
the financial statemgnts section of our report. We are independent of the charity in accordance with the ethical
requirements that are relevant to our audit of the financlal statements in the UK, including the FRC'S Ethical
Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe
that the audit evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements. we have concluded that the Trustees, 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 to events or
conditions that, individually or collectively, may cast significant doubt on the charity's ability lo continue as a going
concern for a period of at least twelve months from when the financial statements are authonsed for issue.
Our responsibilities and the responsibilities of the Trustees, with respect to going concern are described in the
relevant sections of this report,
Other Information
The other information comprises the information inc5uded in the annual report other than the fina￿lar statements
and our auditor's report thereon. The Trustees, are responsible for the other infomation contained within the annual
report. Our opinion on the financial statements does nat cover the other information and, except to the extent
otherwise explicitly stated in our report, we do not express any form of assurance conclusion Ihereon.
Our responsibility is to read the other infomation and, in doing so, consider whether the other information is
materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or
otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material
misstatements, we are required to determine whether this gives rise to a material misstatement in the financial
statements themselves. If, based on the work we have performed, we conclude that there is a material
misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.

CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMIT
chartered accountants
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES, OF CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of our audit..
the information given in the Trustee5' report for the financial year for which the financial statements are
prepared, which includes the directors, report prepared for the purposes of company law, is consistent with the
financial statements, and
the directors, report included within the Trustees, report has been prepared in accordance with applicable lega5
requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the Charity and its environment obtained in the course of the
audit, we have not identified material misstatements in the directors, report included within the Trustees, report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires
us to report to you if, in our opinion..
adequate accounting records have not been kept, or returns adequate for our audit have nol been received
from branches not visited by us., or
the financial statements are not in agreement with the accounting recoids and returns., or
certain disclosures of trustees, remuneration specified by law are not made., or
we have not received all the information and explanations we require for our audit.. or
the Trustees, 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 Trustees, report and from the
requirement to prepare a strategic report.
Responsibilities of Trustees,
As explained more fully in the statement of Trustees, responsibilities, the Trustees,, who are also the directors of the
charity for the purpose of company law, 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 Trustees, determine is necessary to
enable the preparation of financial statements that are free from material misstatement, whether due to fraud or
error, In preparing the financial slalements, the Trustees, are responsible for assessing the charity's ability to
continue as a going concern, disclosing, as applicable, matters related to going concern and using the golng
concern basis of accounting unless the Trustees, either intend to liquidate the charitable company or to cease
operations, or have no realistic alternative but to do so.
Auditor's responsibilities for the audlt of the flnancial 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 Dpinion.
Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance
with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or
error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence
the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.
Our approach to identifying and assessing the risks of material misstatement in respect of irregularities including
fraud and non-compliance with laws and regulations, was as follows..
we identified the laws and regulations applicable to the charity through discussions with members and
other management and frorn our commercial knowledge and experience of the sector;
we assessed the extent of compliance with the laws and regulations identified above through making
enquiries of members and inspecting legal correspondence.

CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMIT
chartered accountants
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES, OF CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED
We assessed the susceptibility of the charity's f￿nanCIal statements to material misstatement, including obtaining an
understanding of how fraud might occur, by..
making enquiries of management as to where they considered there was susceptibility to fraud, their
knowledge of actua1, suspected and alleged fraud.,
considering the internal controls in place to mitigate risks of fraud and non-compliance wth laws and
regulations., and
performing analytical procedures to identify any unusual or unexpected relationships.,
reviewing journal entries to identify unusual transactions.,
assessing whether judgements and assumptions made in determining the accounting estimates were
Indicative of potential bias-
investigating the rationale behind any significant or unusual transactions.
In response to the risk of irregularities and non-compliance wlth laws and regulations, we designed procedures
which included, but were not limited to..
agreeing financial statements disclosures to underlying supporting documentation;
reading the minutes of meetings ofthose board of members.,
enquiring of management as to actual and potential litigation and claims.,
revlewlng legal correspondence.
There are inherent limitations in our audit procedures described above. The more removed laws and regulations are
from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards
also limit the aLtdil procedures required to identify non-cornpliance with laws and regulations to enquiry of the
members and other management and the inspection of regulatory and legal correspondence, if any.
Material misstatemonts that arise due to fraud can be harder to detect than those that arise from error as they may
involve deliberate COn￿alment or collusion.
A further description of our responsibilities is available on the Financial Reporting Council's website at.. https'.11
www.frc.org.uklaudilorsresponsibilities. This description forms part of our auditor's report.
This report is made solely to the company's 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 company's members those
matters we are required lo stale 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 other than the company and the company's
members as a body, for our audit work, for this report, or for the opinions we have formed.
Mr lan H Donaghey (Senior Statutory Auditor)
for and on behalf of IDS Chartered Accountants LLP
Chartered Accountants
statutory Auditor
23125 Queen Street
COLERAINE
Co Londonderry
BT52 1 BG
19 September 2023
10-

CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITEids
chartered accountants
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2023
Unrestricted Restricted
funds
funds
2023
2023
2023
2022
Notes
Grants received
Investment income
184,069
2,726
669,976
854,045
2,726
767.029
1.270
Total income
186,795
669,976
856,771
768,299
nditure on:
Expenditure of restricted grant income
198.921
675,925
874,846
720,107
Net gainsl{losses) on investments
(3,517)
(3,517)
3,971
Net movement In funds
(15,643)
(5,9491
{21,592)
52,183
Fund balances at l April 2022
1484,598}
789,381
304,784
252,620
Fund balances at 31 March 2023
(500,241 }
783,432
283,191
304,783
The statement of f1nancial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account
under the Companies Act 2006.
11

CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMIT
chartered accountants
BALANCE SHEET
ASAT 31 MARCH 2023
2023
2022
Notes
Fixed assets
Tangible assets
Investments
11
12
27,188
90,060
19,486
90,858
117,248
110,344
Current assets
Debtors
Cash at bank and in hand
13
133,626
51,849
18.268
194,345
185,475
212,613
Creditors: amounts falling due within
one year
14
(19,5321
(18,174)
Net Current assets
165,943
194,439
Total assets less current Ilabilitles
283,191
304,783
Income funds
Restricted funds
Unrestricted funds
783,432
(500,241)
789,381
(484,598)
283,191
304 783
The financial statements were approved by the Trustees, on 19 September 2023
Graham Seymour
Trustee
Roy Craig
Truste
Company registration number N1043293
12-

CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMIT
chartered accountants
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Accounting policTes
Charity informatJon
Causeway Coast and Glens Heritage Trust Limited is a private company limited by guarantee incorporated in
Northern Ireland. The registered office is The Old Bank, 27 Main Street, ARMOY, Co Antrim, BT53 8SL.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's memorandum, the Companies
Act 2006 and Accounting and Reporting by Charities- Statement of Recommended Practice applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland {FRS 1021 (effective 1 January 20191" Tho charity is a Public Benefit Entity as defined
by FRS 102.
The charity has taken advantage of the provisions In the SORP for charities applying FRS 102 Update Bulletin
1 not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary
amounts in these financial statements are rounded to Ihe nearest £.
The financial statements have been prepared under the historical cost convention, Modified to include the
revaluation of freehold properties and to include investment properties and certain financial instruments at fair
value. The principal accounting policies adopted are set out below.
1.2 Charltable funds
Unrestricted funds are available for use al the discretion of the Trustees, in furtherance of their charitable
objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and
uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject lo specific conditions by donors that the capital must be maintained by the
charity.
1.3 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met,
the amounts can be measured reliably, and it is piobable that income will be re￿ived.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in
relation to donations received under GiftAid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution,
the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a
contingent asset.
13-

CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMIT
chartered accountants
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Accounting policies
(Continued)
1.4 Expenditure
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate
all costs related lo the category. where costs cannot be directly attributed top particular headings they have
been allocated to activities on a basis consistent with use of the resources. Piemises overheads have been
allocated on a floor area basis and other overheads have been allocated on the basis of the head count.
Fund raising costs are those incurred in seeking voluntary contrlbutions and do not include the costs of
disseminating information in support of the charitable activities. Support costs are those costs incurred directly
in support of expenditure on the objects of the charity and include project management carried out at
Headquarters. Management and administration costs are incurred in connection with administration of the
charity and compliance with constitutional and statutory requirements.
1.5 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impaiment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their
useful lives on the following bases..
Fixtures and fittings
20 % Reducing Balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds
and the carrying value of the asset, and is recognised in the statement of financial activities.
1.6 Fixed asset Investments
Fixed asset investments are initially measured at transaction price excluding transaction costs, and are
subsequently measured at fair value at each reporting date. Changes in fair value are reGognised in net
incomel{expendilurel for the year. Transaction costs are expensed as incurred.
1.7 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks. other short-temi liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.8 Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'Olher Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net
basis or lo realise the asset and settle the liability sitnultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured a
transaction price including transaction costs and are subsequently carried at amortised cost using the effective
nterest method unless the arrangement constitutes a financing transaction, where the transaction is
measured at the present value of the future receipts discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
14-

CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMIT
chartered accountants
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Accounting policies
(Continued)
Basic financial lialjilities
Basic financial liabilities, including creditors and bank loans are initially recognised al transaction price unless
the arrangement constitutes a financing Iransaclion, where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as Current liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured al amortised cost using the effective interest method.
1.9 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee'5 services are
received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed
to terminate the employment of an employee or to provide tennination benefits.
1.10 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
Critical accounting estimates and judgements
In the application of the charity's accounting policies, the Trustees, are required to make judgernents,
estimates and assumptions about the carrying amount of assets and liabilities tFiat 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 basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
15-

CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITEids
chartered accountants
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Grants received
Unrestricted Restricted
funds
funds
Total Restricted
funds
2023
2023
2023
2022
Grants received
184,069
669,976
854,045
767,029
Grants receivable for core activities
DAERA
National Heritage Lottery
Causeway Coast and Glens Council
Nl Tourism Board
EU Project Income
Other
288,102
226,120
25,087
288,102
275,770
87,087
28,250
43,879
130,957
227,819
278,688
103,500
47,500
49,650
62,000
28,250
43,879
86,788
44,169
109,522
184,069
669,976
854,045
767,029
Investment income
Un restricted Un restricted
funds
funds
2023
2022
Income from unlisted investments
Interest receivable
2,719
1,199
71
2,726
1,270
16-

CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMIT
chartered accountants
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Expenditure of restricted grant in¢ome
2023
2022
BLPS
NIEA Natural Heritage Grant
Other projects
188,516
90,341
27,643
123,323
46,238
25,518
306,500
195,078
Share of support costs (see note 6)
Share of governance costs (see note 6}
563,632
4,714
520,829
4,200
874,846
720.107
Analysis by fund
Unrestricted funds
Restricted funds
198,921
675.925
341,268
378,839
874.846
720,107
17-

CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMIT
chartered accountants
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Support costs
Support Governance
costs
costs
2023
Support Governance
costs
costs
2022
Staff costs
Depreciation
Exchange Losses
Motor & travel
Rent, rates, insurance &
utilities
Telephone
Computer costs
Support costs heading 6
Repairs, cleaning &
equipment hire
Printing, postage &
stationery
Sundry expenses
475,358
6,797
1.051
21.941
475,358
6,797
1,051
21,941
458,345
4,872
833
12,750
458,345
4,872
833
12,750
18,950
8,326
11,679
2,706
18,950
8,326
11,679
2,706
13,083
12,640
10,180
13,083
12,640
10,180
1,015
1,015
956
956
4,273
11,536
4,273
11,536
1,192
5,978
1,192
5,978
Audit fees
4,714
4,714
4,200
4,200
563,632
4,714
568,346
520,829
4,200
525,029
Analysed between
Charitable activities
563,632
4,714
568,346
520,829
4,200
525,029
Governance costs includes payments lo the auditors of £4,714 for audit fees.
Trustees.
None of the Trustees, (or any persons connected with them} received any remuneration or benefits from the
charity during the year.
Employees
The average monthly number of employees during the year was..
2023
Number
2022
Number
Direct charitable activities
Adminstration
13
Total
14
14
18-

CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMIT
chartered accountants
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARGH 2023
Employees
(Continued)
Employment costs
2023
2022
Wages and salaries
Social security costs
Other pension costs
409,646
39,974
25,738
398,661
36,061
23,623
475,358
458,345
There were no employees whose annual remuneration was £60,000 or more.
Net gainslllosses} on investments
U nrestricted Unrestricted
funds
funds
2023
2022
Revaluation of investments
(3,517)
3,971
10 Taxation
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section
252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
11 Tangible fixed assets
Fixtures and fittings
Cost
At 1 April 2022
Additions
110,079
14,498
At 31 March 2023
124,577
Depreciation and impairment
At 1 April 2022
Depreciation charged in the year
90,592
6,797
At 31 March 2023
97,389
Carrying amount
At 31 March 2023
27,188
At 31 March 2022
19,486
19-

CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMIT
chartered accountants
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
12 Fixed asset investments
Llsted
Investments
Cost or valuation
At 1 April 2022 & 31 March 2023
90,658
Carrying amount
Al 31 March 2023
90,858
At 31 March 2022
90,858
13 Debtors
2023
2022
Amounts falling due within one year:
Prepayments and accrued income
133,626
18,288
14 Creditors: amounts falling due within one year
2023
2022
Corporation tax payable
Other taxation and social security
Other creditors
Accruals and deferred income
14
9,516
1,267
8,735
14
10,153
394
7,613
19,532
18,174
15 Analysis of net assets between funds
Unrestricted Restricted
2023
2023
Total Unrestricted Restricted
2023
2022
2022
Total
2022
Fund balances at 31
March 2023 are
represented by=
Tangible assets
Investments
Current assetsl{liabilities)
27,188
90,060
(617,4891
27,188
90,060
165,943
19.486
90,858
(594,942)
19,486
90,858
194,439
783,432
789,381
(500,241)
783,432
283,191
1484,5981
789,381
304,783
-20-