ids.
Chartered accountunts
Company Registration No. N1043293 {Northern Ireland)
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 2024
IDS Chartered Accountants LLP
23125 Queen Street
COLERAINE
Co Londonderry
BT52 1 BG

ids.
CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED
chartered accountants
CONTENTS
Page
Legal and administrative information
Trustees, report
Statement of Trustees, responsibilities
Independent auditols report
9-11
Statement of financial activities
12
Balance sheet
Notes to the financial statements
14-22

ids.
CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED
chartered accountants
LEGALAND ADMINISTRATIVE INFORMATION
Trustees
Mrs Julie Ann Taylor
Mr George McAuley
Prof Joan Condell
Mr Roy Craig
Cllr Bill Kennedy
Dr Paul Jose
Mr Andrew McAlister
Prof Palrick McKeever
Cllr Oliver Mcmullan
Mr Graham Seyrnour
Ald Richard Stewart
Mr Robert Wilson
Cllr John Wisener
(Appointed 19 September 20231
(Appointed 30 June 20231
(Appointed 27 June 2023}
(Appointed 30 June 2023)
(Appointed 4 June 20241
Secretary
Mr G WThompson
Charity number
106064
Company number
N1043293
Registered offl¢e
The Old Bank
27 Main Street
ARMOY
Co Antrim
BT53 8SL
Auditor
IDS Chartered Accountants LLP
23125 Queen Street
COLERAINE
Co Londonderry
BT52 1BG

ids.
CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED
chartered accountants
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
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 2024.
The accounts have been prepared in accordance with the accounting policies sel out in note 1 lo t?￿ account5
and comply with the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of
Recommended Practice applicable to charities preparing their accounts in accordan￿ with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {effective 1 January 20151..
Objectives and activlties
The charity's objects are specifically restricted to promotion for the benefit of thè public of Ihe advancement of
education. the promotion of sustainable development and biological diversity, the advancement of rural
regeneration and the Conservation, maintenance, improvement and proteclion of the physical, natural and built
environment of the Causeway Coast and Glens. The poliaes 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 slalutory authority in the principles and practice of
conservation, and the conservation and protection of wildlife and marine life in an effort to encourage
¢onservation',
to advance, promote. preserve and further the consenfalion maintenance and prolection of features of
the landscape in the area of benefit with geographical, historic, physiographical or amenity value and to
enhance their contribution lo existing environmental amenities in the area of benefit for the public
benefit.,
to advance the education of the public in subjects relaling lo suslainable development and Ihe
protection. management, enhancement and rehabilitation of the environment and lo encourage and
promote study and research in such subjects provided that the useful results of such study are
di5seminaled to the general public-,
lo advance any other exclusively charitable purpose as the directors. may from time to time. decidè in
accordance with the law of charity.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities Ihe
charity should undertake.
The direct benefits that flow from CCGHT'S purposes are..
Habitai protection and enhancemenl through measures including e$tabli5hing habitat management
plans, controlling invasive species and addressing the risk of wild fires.
Proleclion 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 Tepair 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 lo protection of cultural values. heritage and the environmenl 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
current and future generations.. development of outdoor skills and active lrfestyles.

ids.
CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED
¢hartered accountants
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Our activities are designed to enhance and protect the environment and contribute to welkbeing. Any potential
hamis are outweighed by the benefits and alleviated Ihrough resp8cling the rights of all stakeholders. managing
access, reducing wildfir8s and controlling invasive species.
The beneficiaries of the work of the Causeway Coast and Glens Heritage Trust are:
The local population in terms of improved access, heritag@ events and interpretation and development of
outdoor skills and active lifestyles.
The general PLtblic including out of state visltors in terms of the conservation of the Areas of Oulstanding
Natural Beauty as a public asset, irllproved access lo enjoy the area and enhanced appreciation and
enjoyment of the area Ihiough 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 path5. Stiles and bridge5. Local landowners receive a private
benefit through the control of unwanted awess and Ihe safeguarding of boundaries and livestock.
There are no private benefits lo any other individuals connected with the organisalion other Ihan the payment of
salaries lo staff which is a necessary requiremenl in order to provide our services and therefore incidental to the
carrying out of our purpose.

ids.
CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED
¢hurtered accountants
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Achievements and performance
202&24 ha5 proven to be a successful year for Causeway Coast and Glens Heritage Trust. For the first tim8 Its
income levels have exceeded £1m leaving the organisalion in a sound financial position. Imth cash, monies
owed and assets in the region of £500k this leaves the Trust well within the sustainability paramelers set out by
Ihe Charity Commission.
CCGHT continues to work closely with its key partners in the Northern Ireland Environment Agency, the National
Lottery Heritage Fund, Causeway Coast and Glens Borough Council and Tourism Northern Ireland delivering a
wide range of activities and projects that ensure the sound and sustainable mana9emenl of some of Northern
Ire and's most important protected areas, promote sustainable and regenerative tourism and rural diversification.
This year CCGHT'S core activities have been primarily fvnded by NIEA supported by CCGBC and TNI. 2023-24
was the first year of the new 5-year strategic support prograrnme under NIEA'S Environment Fund. Due to an
increase in funds available from the Carrier Bag Levy, funding levels increased from £175k to £320k per annum.
This has allowed CCGHT to engage in more strategic activity and has provided real security for the organisalion
over the medium term. 11 has resulted in staff gaining more confidence in the stability of their own posts resulting
in significant benefits for the organisation.
NIEA funding has meant that CCGHT has been able to prowde greater focus on the development and ddivery of
Tnanagemenl and action plans for the areas 3 AONBS. Antrim Coast and Glens, Binevenagh and Causeway
Coast and also the Giant's Causeway and Causeway Coast World Heritage Sile. Through the Environment Fund
CCGHT has taken on a renewed role in Marine and Coastal protection. This has resulted in the appointment of
Geoff Nuttall as the new Marine and Coastal Manager. Key to this role will be delivery of CCGHTS responsibility
for a rejuvenated Rathlin Island Environmental Forum.
The 5-year funding package has allowed CCGHT lo refocus ils operational structure in line with its strategic
direction. In addition to marine mallers Geoff Nullall will assume responsibilily for the Antrim Coast and Glens
AONB. Nikki Maguire will focus on the Causeway Coasl AONB and the WHS as well as taking the lead in
Geopark development. Andrew Bralten will retain responsibility for the Binevenagh Landscape Partnership
Scheme andAONB.
In 2023-24 it was agreed by all stakeholders that CCGHT would establish a new Dark Hedges Management
Forum taking over responsibility from the exisling Dark Hedges Preservation Trusl. ￿lIe the new body is in the
process of being established, CCGHT has. in good faith, taken on responsibility for maintenan¢e of the Bregagh
Road avenue and undertaken vital tree maintenance activity as well as respond lo the aftermath of Stomi Isha.
In lolal nine trees were removed. While il is understood that the Dark Hedges has a finite lrfe cycle it is expected
that with proper management and co-operation the life span can be extended ensuring a conlinualion of Ihe Dark
Hedges experience and the use of the site as an importanl tourist deslinalion. In 2024-25 il is expected that a
slralegi¢ maslerplan will be developed for the site which will include a tree management plan for the avenue
itself.
CCGHfs biggest ever Single projecl has been acting as the lead partner in the Binevenagh and Coastal
Lowlands Landscape Partnership Scheme. The scheme funded by Heritage Lottery. the Woodland Trust,
National Trust, CCGBC and others entered the third of its 5 years of delivery in 2023. Following a slow start due
to COVID, activities have picked up pace particularly in the areas of natural heritage and cultural heritage where
the primary focus has been defence heritage. During the year The Moors at Castlerock and the Tails and Trails
projects in the village have been completed. Significant progress has been made regarding the repU￿OSing of
the Limavady WWII Trainer Dome and the Magilligan Anli-Aircraft Baltery.
On the downside clrcumslances have resulted in changes to a number of Outdoor Recreation projects.
Unfortunately, following agreement wilh all private landowners, we have been unable to complete thè
development of the Myroe Trail. due lo a change in interpretation in policy by officials in DAERA.
The outstanding success of the LPS has been the development of the Magilligan Tree Nursery. CCGHT, in
partnership with HMP Magilligan, has developed a tree nursery in the grounds of the prison. A5 part of their
rehabililalion process prisoners havè been learning horticultural techniques assisting in the growing and bringing
on of a wide range of native tree species. CCGHT is grateful to DAERA and the Dormont Accounts Ftsnd
administered by Charities Lottery for support in this project.

ids.
CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED
Chartered accoufjtants
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The impending work al Dark Hedges and the existing work in Magilligan have resulted in CCGHT beginning ihe
process of eslablishing a trading cornpany. 11 is hoped that the locations will soon become self-suslaining
allowing for surpluses lo be used to support the on-going work of the Trusl.
A significant amount of the day-to-day activity of CCGHT staff has involved working in partn&rship with others in
the development of new and refreshed projects. The Twsl has been central to the developmenl of several
partnership applications into the Peace+ funding stream which will hopefully come lo fruition in 2024-25.
Additionally, the Trust has been instrumental in the rejuvenation of the Northem Ireland Protected Areas Nefwok
which is being refocussed under the new umbrella of Landscapes Nl.
A small pot of funding from the Arts Council of Northern Ireland's Art5 & Older People Programme allowed
CCGHT to work with the more rnature members of our area through the Culturally Creative Communities project.
Additionally. the Trust has been an active partner in the Northern Ireland Environment Link led Heritage for
Health project. Both programmes focussed on making our heritage more accessible to more members of our
ommunity.
CCGHT continues to adopt an active role in the field of sustainable and regenerative tourism. Without funding
from any major sour￿, the Trust continues lo oversee, manage, co-ordinate and promote the Economussee
network which currently ha5 eleven members throughout its area of operation. Plans to host an InlematiODal
ConferenGe in the area this year were delayed until 202425. The Trust has been actively engaged in developing
the concept of comtnunily tourism.
2023-24 has been a year of change regarding the people involved with CCGHT. The Trust's Chair, Graham
Seymour, and Deputy Chair, Roy Craig, both stood down and were replaced by existing Board members Julie
Taylor and George McAuley respectively. The appointments of Professor Joan Condell and Dr Paul Jose were
confimed following their participalion in the work of the Trust as Observers. The Trust has also been grateful for
the setvice of Max Bryant. the National Trust's Tepresenlative, who stood down on his appointment as the new
Chief Executive of Northern Ireland Environment Link
Following the 2023 Council elections 5 Councillor Board members stood down. Sandra Hunter and Margaret-
Ann McKillop had served two full terms as represenlalives of CCGBC. Sharon McKillop of CCGBC and Tommy
Nichol and Maureen Morrow of Mid and East Anlrim Borough Council also slood down. M&EABC had decided
not to provide financial support lo the Trust for 2023-24 and chose not to appoint new Directors. This decision
disappointed greally the Board of CCGHT who decided that where previously and where possible discretionary
spend had been prioritised in both councils this should now be limited to the CCGBC area. The Board was very
clear that in the event of funding being reintroduced this policy would be reviewed and that aclivilies funded by
other partners (particularly relating lo the Anlrim Coast and Glens AONB and Causeway Coastal Route} would
continue. CCGHT is very grateful for Ihe work and commitment of those who stood down during the year and is
particularly pleased lo see former Board members contir)uing lo participate in other Trust aclivilies. The Trust
has welcomed the appointments of Councillors Bill Kennedy and Richard Stewart onto the Board and Olwer
Mcmullan's appointment for an addrtional term.
2023-24 has seen staff leaving and joining the Trust as well as some important absences. Aisling Gribbin has
seen her post as Tree Nursery Officer confirmed and is now supported by Erin Boyle as tree Nursery Assistant.
Rachael Marshall resigned from her position in the Causeway Team and was replaced by Grace McAllister. As a
result of GraGe moving from the Binevenagh Team her responsibilities have been laken on by Barbara Lynch.
This year a150 saw Iwo additions to the CCGHT family., Nikki Maguire and Laura McAuley both took well
deserved maternity leave aller we were joined by Emily and Shane.
FlnanGlal revlèw
The Charity regularly reviews its policy on risk. Th8 main risks lo the Charity are associated with being
adequately funded to continue with ils 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 2024 was £209,65212023.' net sutplus of £21,592).
The organisation has assessed the major risks to which the charity is exposed and is satisfied that system5 are
in place to miligale exposure to the major risks.

ids.
CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED
¢hartered occountants
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Structure, governancè and management
The charity is a company limited by guarantee. Causeway Coast and Glens is governed by a memorandum and
articles of association. the company is recognised as a ¢hariiy by HMRC (Charity Number: 106064).
The Truslees, who are also the directors for the purpose of company law, and who served during the year and up
to the dale of signature of the financial statements were..
Mrs Julie Ann Taylor
Mr George Ma4uley
Prof Joan Condell
Mr Roy Craig
Cllr Bill Kennedy
Dr Paul Jose
MrAndrew McAlister
Prof Patrick McKeever
Cllr Oliver Mcmullan
Mr Graharn Seymour
Ald Richard Stewart
Mr Robert Wilson
Cllr John Wisener
Ms MargaretAnne McKillop
Mr Max Bryant
Ms Sandra Hunter
Ms Sharon McKillop
Ms Mary Morrow
Mr Thomas Nicholl
{Appointed 19 September 2023)
(Appointed 30 June 2023)
(Appointed 27 June 2023)
(Appointed 30 June 2023)
(Appoinled 4 June 2024)
(Resigned 30 June 2023)
(Resigned 27 June 2023)
(Resigned 30 June 2023)
(Resigned 27 June 2023)
(Resigned 30 June 2023)
(Resigned 27 June 2023)
None of the Trustees has any beneficial interest in the company. All of the Truslees are members of th8 company
and guarantee to contribule £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 Trustees
who are familiar with and have knowledge and regard lo the Charity Commission Nl's Public Benefit
requirements. Representation on the Board includes the local councils, voluntary sector bodies, tourism,
government, farmin9 and ¢orntnunity organisations. With a small core staff and time bound project staff the
Causeway Coast & Glens Heritage Trust is led by the Chief Executive Offir£r in the small North Antrim village of
Armoy.
The Causeway Coast and Glen5 Heritage Trust ICCGHT) has no slatulory powers and as such seeks to
influence and work in partnership wrth a range of slatulory and other bodies lo achieve its aims. purposes and
objectives. In addition to influencing stralegic direction. CCGHT secures and distributes funding to assist in the
implem8nlalion and delivery of its own objectives.11 supports the development of strategies and the delivery of
programmes and plans, which aim lo ensure the long-term benefit of the area and to balance this with current
economic d8velopment in a sustainable manner.
CCGHT has responsibility for a large area of Northern Ireland covering two council areas- Causeway Coast &
Glens and Mid & East Antrim Borough Councils. It includes Ihree Areas of Outstanding Natural Beauty
Binevenagh. Causeway Coasl (including the Giant's Causeway and Causeway Coast World Heritage Silè} and
Antrim Coast and Glens (including Rathlin Island). It also includes several Ramsar siles. which all have
Snternalional importance foi their bird life alongside many Special Areas of Conservation, Special Protection
Areas and Areas of Special Scientific Interest.
Auditor
In accordance with the company's articles, a resolution proposing that IDS Chartered Accountants LLP be
reappointed as auditor of the company will be put at a General Meeting.

ids.
CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED
hartered accountants
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Disclosure of infonnation to audltor
Each of the Trustees has confimied that there is no information of which they are aware whith is relevant to the
audit, bul of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to
identify such relevant information and to establish that the audilor is aware of such information.
The Trustees, report was approved by the Board of Trustees.
Gra
arn Thompson (Secretary)
Dated.. 24 September 2024

ids.
CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED
¢hortered accountants
STATEMENT OF TRUSTEES, RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees, who are also the directors of Causeway Coast and Glens Heritage Trusl Limited for the purpose of
company law. are responsible for preparing the Trustees, Report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Praclice).
Company Law requires the Trustees to prepaTe financial Statements for each financial year which give a true and
fair view of the stale of affairs of thè charity and of the incoming resources and application of resources, induding
the income and expenditure, of the charitable company for that year.
In preparing these financial statemenls. the Trustees are required to-
select suitable accounting policies and then apply them consislenlly..
obseFve the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent. and
prepaTe the financial statements on the going concern basis unless it is inappropriate lo presume that the charity
will continue in operation.
The Trustees are responsible for keeping adequate accounting rècords that disclose with reasonable accuracy at
any lime the financial position of the charity and enable them lo ensure that the finanrial slalements comply with the
Companies Act 2006. They are also responsible for safeguarding Ihe assels of the charity and hence for laking
reasonable steps for the prevenlion and detedion of fraud and other irregularitie5.

ids.
CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED
¢hartored cccountants
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED
Opinlon
We have audtted Ihe financial statements of Causeway Coast and Glens Heritage Trust Limited (the 'charity'} for the
year ended 31 March 2024 which comprise the statement of financial activities, the balance sheet and notes to the
financial slalements. 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 standa￿ applicabl8 111 tha UK and Republic of Iraland (Unrted
Kingdom Generally Accepted Ac¢ounling Praclice}.
In our opinion. the financial slat8m&nts'.
give a true and fair view of the state of the charitable company's affairs as at 31 March 2024 and of its
incoming resources and application of resources, including its income and expendrture. for the year then
ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounling Practi￿.,
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) (ISAS (UK)) and applicable
law. Our responsibilities under those standards are further described in the Audilorfs responsibilities lor tha audit ol
tho financial stalements section of our report. We are independent of the charity in accordance with the ethical
requirements that are relevant to our audit of the financial 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 to provide a basis for our opinion.
Conclusions relating to going concem
In auditing the financial stalemenls, we have concluded that the Trustees. use of the going concern 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 Ihat, individually or collectively, may casl significant doubl on the charity's abilily to continue as a going
concem for a period of at least ￿e1ve months from when the financial slatements are authorised for issue.
Our re5ponsibililies 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 infomiation included in the annual report other than the financial statements
and our auditorfs report thereon. The Trustees are responsible for the other information contained within the annual
report. Our opinion on the financial slalements does not cover the other informalion and, except to the extent
otherwise explicitly slated in our report. we do not express any form of assurance conclusion thereon.
Oui responsibility is to read the other information and. in doing 50, consider whether the other infom)ation Is
materially inconsislent with the financial statements or our knowledge oblained in the course of the audil. or
otherwise appears to bo materially misstated. If we identify such material inconsistencies or appar￿t material
misslalements, we are required lo 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 thera is a material
misstatement of this other information, we are required to report that fact.
We have nolhing to report in this regard.

ids.
CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED
¢hortered accovntants
INDEPENDENT AUDITOR'S REPORT (CONTINUED
TO THE TRUSTEES OF CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED
Opinions on other matters prescribed by the Companles Act 2006
In our opinion, based on the work undertaken in the course of our audit..
the information given in the Trustees, 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 ac¢ordance wilh applicable legal
requirement5.
Matters on whi¢h 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 misslalements in the directors, report included within the Truslees, report.
We have nothing lo report in respect of the following matters in relation to which the Gompanies Ad 2006 requires
us to report to you rf, in our opinion..
adequate accounting records have not been kepl, or retums adequate for our audit have not been received
from branches nol visited by us., or
the financial stslements are not in agreement with Ihe accounting records and retums., or
certain disclosures of trustees, remuneration specified by law are not made., or
we have nol received all the information and explanations we require for our audit., or
the Trustees were not entitled lo prepare the financial statements in accordance with the small companies
regime and lake advanla9e of the small companies, exemptions in preparing the Trustees, report and from the
requirement to prepare a strategic report.
Responsibilltles of Trustees
As explained more fully in the statement of Trustees, responsibilities, the Trustees, who are also the directors of Ihe
charity for the purpose of company law, are responsible for the preparation of the financial slatements and for being
satisfied that they give a true and fair view, and for such internal ¢ontrol as the Trustees determine is necessary to
enable Ihe preparation of financial slatemenls that are free from material misstalemenl, whether due lo fraud or
error. In preparing the financial statements, the Trustees are responsible for assessing the charity's ability to
continue as a going con￿rn, disclosing. as applicable, mallers related lo going concern and using the going
concern basis of accounting unless the Trustees either intend to liquidate Ihe charilable company 01 to cease
operations, or have no realistic alternative but lo do so.
Auditorf$ responsibilltles for the audit of the financial statements
Our objectives are la obtain reasonable assurance about whether the financial slatements as a whole are free from
material misslatement, whether due lo fraud or error. and lo issue an audilorfs report that indudes our opinion.
Reasonable assurance is a high level of assurance bul is not a guarantee that an audit conducted in accordance
wilh ISAS (UK) will always delect a material misstatement when it exists. Misslalemenls can arise from fraud or
error and are considered material if, individually or in the aggregate, they ¢ould reasonably be expected lo influence
the economic decisions of users taken on the basis of these financial slatements.
The extent to which our procedures are capable of deteding irregularities. including fraud, is detailed below.
Our approach lo identifying and assessing the risks of material misstatement in respect of irregularities induding
fraud and non-compliance with laws and regulations, was as follows..
we identified the laws and regulalions applicable to the charity through discussions with members and
other management and from our commerual knowledge and experience of the sector.,
we assessed the extent of compliance with the laws and regulations identified abov8 through making
enquiries of members and inspecling legal correspondence.
10-

ids.
CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED
charterod accountants
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED
We assessed the susceplibilily of the charity's financial statements lo material misstatement, including obtaining an
understanding of how fraud might occur. by..
making enquiries of management as to where Ihey considered there was susceptibility to fraud, their
knowledge of actual. suspected and alleged fraud.,
considering the internal controls in place lo mitigate risks of fraud and non-compliance with laws and
regulations.. and
perfomiing 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 estimales were
indicative of potential bias.,
investigating the rationale behind any significant or unusual Iransactions.
In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures
which included, bul were not limited to..
agreeing financial stalemenls disclosures to underlying supporting documentation:
reading the minutes of meetings of those board of members.,
enquiring of management as lo actual and potential litigation and claims..
reviewing légal correspondence.
There are inherent limitations in our audit procedures des¢ribed above. The morè removed laws and regulations are
from financial transactions, the less likely il is that we would become aware of non-compliance. Auditing standards
also limit the audrt Pro￿dureS required lo identify non-compliance with laws and regulations to enquiry of the
members and other managemenl and the inspection of regulatory and legal corresponden￿, if any.
Material misstatements that arise due lo fraud can b8 harder to detect than those that arise from error as they may
involve deliberate concealmenl or collusion.
A further description of our r8sponsibilities is available on the Financial Reporting Council's website at.. htlps'.11
www.frc.org.ukJaudilorsresponsibilities. This description forms part of OUT audito¢s report.
This report is made solely to the company's members, as a body. in accordance wilh 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
mallers we are required to slate to them in an auditorfs report and for no other purpose. To the fullest extent
pemiilled 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
24 September 2024
11

ids.
CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED
chartered accountants
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted Restricted
funds
funds
2024
2024
2024
2023
Notes
Grants received
Core income
Investment income
129.999
35,234
2.755
878,204
1.008,203
35.234
2.755
854,045
2,726
Total income
167.988
878.204
1,046,192
856,771
Expenditure of restricted grant incom8
205,740
637,250
842,990
874.846
Nel gainsl{losses} on investments
11
6.450
6.450
13,517)
Net movement in fund5
(31.302)
240.954
209,652
(21,592)
Fund balances at 1 April 2023
(500,241)
783,432
283,192
304,783
Fund balances al 31 March 2024
{531.543J 1.024.386
492.843
283,191
The statement of financial activities indudes all gains and losses recognised in the year.
The statement of financial aclivrties includes all gains and losses recognised in the year. All income and expenditure
dèrive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account
under the CompaniesAcl 2006.
12-

ids.
CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED
Chartered accountants
BALANCE SHEET
AS AT 31 MARCH 2024
2024
2023
Notes
Fixed assets
Tangible assets
Investments
13
14
30.778
99.242
27,188
90,060
130,020
117,248
Current assets
Debtors
Cash at bank and in hand
1S
73,665
306,726
133,626
51.849
380,391
185,475
Creditors: amounts falling due withln
one year
16
(17,568)
(19,5321
Net current assets
362.823
165,943
Total assets less current liabilitles
492.843
283.191
Net assets excluding penslon liability
492,843
283,191
The funds of the charlty
RestTicted income funds
Unreslricled funds
18
1,024.386
1531.543)
783,432
{500,2411
492,843
283.191
The financial statements were approved by the Trustees on 24 September 2024
Julie Ann Tayl
Mr G60rge McAuley
Company registration number N1043293 (Northern Ireland)
13-

ids.
CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED
eharteied orcountaAts
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting pollcies
Charity infomiation
Causeway Coast and Glens Heritage Trust Limited is a privale company limiled by guarantee incorporated in
Northern Ireland. The registered office is The Old Bank, 27 Main Street. ARMOY. Co Antrim. BT53 8SL.
1.1 Accounting tonvention
The financial statements have been prepared in accordance with the charity's memorandum, the Companies
Acl 2006 and "Accounting and Reporting by Charities.. Slalemenl of ReGommended Practice applicable to
charities prepaiing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102) (effective 1 January 2019)" The 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 Slatemenl of Cash Flows.
The financial stalemenls are prepared in sterling, which is the functional currency of the charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under Ihe historical c051 convention. modified to indude the
revaluation of freehold properties and to include investment properties and certain financial instruments al fair
value. The principal accounting policies adopted are set oul below.
1.2 Charttable funds
Unreslricled funds ar6 available for use at th8 discretion of the Trustees in furtherance of their charitable
objectives.
Restricted funds are subject lo specific conditions by donors or grantors as to how they may be us&d. The
purposes and uses of the restricted funds are set out in the notes to the financial statemènts.
Endowment funds are subject to specific conditions by donors that the capital musl be maintained by the
charity.
1.3 Income
Income is recognised when the charity is legally enlilled to it after any performance conditions have been mel,
the amounts Can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified
of the donation, unless performan￿ conditions require deferral of the amount. Income lax recoverable in
relation to donations received under Gifl Aid or deeds of covenant is recognised al the time of the donation.
Legacies are recognised on receipt or othe￿iSe if the charity has been nolified of an impending distribution,
Ihe amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a
contingent asset.
14-

ids.
CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED
haltered occountants
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
(Continued)
1.4 Expenditure
All expenditure is accounted for on an accruals basis and has been classified under headings thal aggregate
all costs related lo the category. where costs cannol be directly atlribuled top particular headings they have
been allocated to activities on a basis consistent with use of the resources. Premises overheads have been
allocated on a floor area basis and other overheads have been allocated on the basis of the head ¢ount.
Fund raising costs are those incurred in seeking voluntary contributions and do not include Ihe 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
Headquarters. Management and administration costs are incurred in connection with adminislralion 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 al cost or valuation, nel of
depreciation and any impairment losses.
Depreciation is recognised so as lo write off the cost or valuation of assets less their rasidual values over their
useful lives on the following bases..
FixtUTes and fittings
200/0 Reducing Balance
The gain or loss arising on the disposal of an ass@l is determined as the difference bebNeen the sale proceeds
and the carrying value of the asset, and is recognised in the statement of financial aGtivities.
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 dale. Changes in fair value are recognised in net
incomel{expenditure) for the year. Transaction cos15 are expensed as incurred.
1.7 Cash and Ga$h equlvalents
Cash and cash equivalenls include cash in hand. deposits held at call with banks, other short-term liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.8 Flnancial instruments
The charily has elected lo apply the provisions of Section 11 'Ba5ic Financial Instruments. and Section 12
'Other Financial Instruments Issues, of FRS 102 lo all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to th@
contractual provisions of the instrument.
Financial assets and liabilities are offset, wilh Ihe net amounts presenled in the financial slalements. when
there is a legally enforceable right to set off the re¢ogni5ed amounts and thère is an intention to settle on a net
basis or to realise the asset and settle the liability simultaneously.
Basic financlal assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried al amortised cost using the effective
interest method unless the arrangement constilutes a financing transaction, where the transaction is
measured al Ihe present value of the future receipts discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
15-

ids.
CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED
chartered accountants
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policiès
(Continued)
Basic financial liabilities
Basic financial liabilities, including credilors and bank loans are initially recognised at transaction price unless
the arrangement conslilules a financing Iransaclion, where the debt instrument is measured al the present
value of the future payments discounted al a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried al amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or seNices that have been acquired in the ordinary course of
operations from suppliers. Amounts payable ale classified as currenl liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade Greditors are recognised initially at
transaction price and subsequently measured al amort15ed 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's service5 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 termination benefits.
1.10 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as Ihey fall due.
Critical accounting estimates and judgements
In the application of the charity's accounting policies, the Truslees are required lo make judgemenls,
estimates and assumptions aboLJI the Garrying amount of assets and liabilities that are not readily apparent
from other sources. The estimates and associated assumptions are based on historical experience and other
factors that are considered lo be relevant. Aclual results may diffèr from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounting
estimates are recognised in the period in whiGh the estimale is revised where the revision affects only thal
period, or in the period of Ihe revision and future periods where the revision affects both currenl and future
periods.
16-

ids.
CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED
chortered occountonts
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Income from donations and legacies
Unrestricted Restricted
funds
funds
2024
2024
Total Unrestricted Restricted
funds
fund5
2023
2023
Total
2024
2023
Grants received
129,999
878,204 1,008.203
184,069
669.976
854,045
Grants receivable lor core activities
DAERA
National Heritage Lollery
Causeway Coast and
Glens Council
Nl Tourism Board
Binevenagh
EU Project Income
Other
323,659
41,720
323,659
41,720
288.102
226,120
288,102
275,770
49,650
51.098
9,750
51,098
9,750
414,969
79,104
87,903
62,000
28,250
25.087
87.087
28,250
414,969
79,104
18,752
43,879
86,788
43,879
130,957
69,151
44,169
129.999
878,204 1,008,203
184,069
669.976
854,045
Income from charitsble activities
Unrestricted
funds
2024
Unrestricted
funds
2023
Tree sales
Sale of goods
35,234
Income from Investments
Unrestricted Unrestricted
funds
funds
2024
2023
Income from unlisted investments
Interest receivable
2,732
23
2,719
2,755
2,726
17-

ids,
CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED
Chartered accountants
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Expenditure of restricted grant income
2024
2023
ENE Project
BLPS
NIEA Natural Heritage Grant
Other projects
186,130
34,890
34,140
188,516
90,341
27,643
255,161
306,500
Share of support costs (see note 7)
Share ofgovernance costs (see note 7}
583,041
4,788
563,632
4,714
842,990
874,846
Analysis by fund
Unrestricted funds
Restricted funds
205.740
637,250
198,921
675,925
842.990
874,846
Support costs allocated to activities
2024
2023
Staff costs
Depreciation
Motor & Travel
Rates. Rent & Insurance
Telephone
Computer Costs
Consultancy
ProfiULoss on foreign exchange
Repairs
Printing, Postage & Stalionery
Sundry
Governance cosls
478,322
7,694
24,892
24,988
8,004
11,348
350
2,042
2,494
4,652
18,255
4,788
475.358
6,797
21,941
18,950
8,326
11,679
2,706
1,051
1,015
4,273
11,536
4,714
587,829
568,346
Analysed between:
Charitable Activities
587,829
568,346
18-

ids.
CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED
¢hqrtered accountant5
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Net movement in funds
2024
2023
The net movement in funds is stated after chargingl(crediling)'.
Fees payable for the audit of the charity's financial statements
Deprecialion of owned tangible fixed assets
4,788
7,694
4,714
6,797
Trustees
None of the Trustees lor any persons connected with them) received any remuneration or benefits from the
charity during the year.
10 Employees
The average monthly number of employees during the year was..
2024
Number
2023
Number
Direct charitable activities
Adminstralion
14
13
Tolal
15
Employment costs
2024
2023
Wages and salaries
Social security costs
Other pension costs
409.697
38,644
29.981
409,646
39,974
25,738
478.322
475,358
There were no ernployees whose annual remuneration was £60,000 or more.
11 Gains and losses on investments
Unrestricted Unrestricted
lunds
funds
2024
2023
Gainslllossesl arising on..
Revaluation of investments
6,450
(3,51n
12 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
19

ids.
CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED
chartered accountonts
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
13 Tangible fixed assets
Flxturos and flttlngs
Cost
At 1 April 2023
Additions
124,576
11,285
At 31 March 2024
135,861
Depreciation and impairment
At 1 April 2023
Depreciation charged in the year
97,389
7,694
At 31 March 2024
105,083
Carrying amount
At 31 March 2024
30,778
At 31 March 2023
27,188
14 Fixed asset investments
Listed
investments
Cost or valuation
At 1 Apri 2023
Valuation changes
90,060
9,182
At 31 March 2024
99,242
Carrying amount
Al 31 March 2024
99,242
At 31 March 2023
90,060
15 Debtors
2024
2023
Amounts falling due within one year:
Prepayments and accrued income
73,665
133.626
-20-

ids.
CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED
chartered accountonts
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
16 Creditors: amounts falling due within one year
2024
2023
Corporation tax payable
other taxation and social security
other creditors
Accruals and deferred income
14
9,516
1,267
8.735
6,879
1,616
9,069
17,568
19,532
17 Retirement benefit schemes
2024
2023
Defined contribution schemes
Charge to profil or loss in respect of defined contribution schemes
29.981
25.738
The charity operales a defined contribution pension scheme for all qualifying employees. The assets of the
scheme are held separately from those of the charity in an independently administered fund.
18 Restricted funds
The restricted fund5 of the charity comprise the unexpended balances of donations and grants held on Irusl
subject lo specific conditions by donors as to how they may be used.
At 1 April
2023
Incomlng
resources
Resources At 31 March
expended
2024
783,432
878,204
(637,250)
1,024.386
Previous year:
At 1 April
2022
Incoming
resource5
Resources At 31 March
expended
2023
789,381
669,976
(675,925)
783,432
19 Unrestricted funds
The unreslricled funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and giantors as to how they may be used. These include
designated funds which have been sel aside oul of unreslricled funds by the trustees for specific purposes.
At 1 April
2023
Incoming
resources
Resources
expended
Gains and At 31 March
losses
2024
General funds
(500,241 }
167,988
(205,740)
6,450
{531,543)
21

ids.
CAUSEWAY COAST AND GLENS HERITAGE TRUST LIMITED
chartered accountunts
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
19 Unrestricted funds
(Continued)
Previous yèar..
At 1 April
2022
Incomlng
resources
Resources
expended
Gain$ and At 31 March
losses
2023
General funds
1484,5981
186.795
(198,921)
(3,5171
(500,241)
20 Analysis of net assets between funds
Unrestricted
funds
2024
Restrfcted
funds
2024
Total
2024
At 31 March 2024:
Tangible assets
Investments
Current assetsl(liabilitiesl
30,778
99,242
(661,5631
30.778
99,242
362,823
1,024,386
(531,5431
1,024,386
492,843
Unrestricted
funds
2023
Restricted
funds
2023
Total
2023
At 31 March 2023:
Tangible assels
Inveslments
Current assetsl(liabilities)
27,188
90,060
1617,4891
27,188
90,060
165,943
783,432
1500,2411
783,432
283,191
-22-