Roe Valley Ancestral Researchers Ltd
Charity No. N1107879
Company No. N1665432
Directors, Report and Unaudited Accounts
31 March 2022

Roe Valley Ancestral Researchers Umlted
Contents
Pages
ststement of Financial Activities
Summary Income and Expenditure Account
Balance Sheet
statement of Cash flows
Notes to the Accounts
IOto17
Detsiled Statement of Financial Activities
18to19
Page I

Roe Valley Ancestral Researchers Umlted
ststement of Flnanclal Actlvlties
for the year ended 31 March 2022
Unrestrlcted
funds
2022
Restricted
funds Total funds Total funds
2022
2022
2021
Notes
Income and endowments
Donations and legacies
Charitable activities
Other trading activities
3,883
570
26,669
30,552
570
16,314
660
504
504
io
Total
4,957
26,669
31,626
16.984
Expendlture on:
Raising funds
Other
236
500
736
634
4,817
16,483
21,300
8,087
Total
5,053
16,983
22,036
8,721
Net gains on investments
Net Income
(96)
9,686
9,590
8,263
Transfer5 between funds
Net Income before other
8alns/(losses)
(96)
9,686
9,590
8,263
Other galns and losses
Net movement In funds
(961
9,686
9,590
8,263
Reconclllatlon of funds:
Total funds brought forward
8,263
8,263
Total funds carrled forward
8,167
9,686
17,853
8,263
Page 6

Roe Valley Ancestral Researchers Llmlted
Summary Income and Expendlture Account
for the year ended 31 Marth 2022
2022
2021
Income
31,626
16,984
Gross Income for the year
Expenditure
31,626
16,984
17,970
8,721
Depreciation and charges for
impairment of fixed assets
4,066
Total expendlture for the year
Net income before tax for the year
22,036
8,721
9,590
8,263
Net Income for the year
9,590
8,263
Page 7

Roe Valley Ancestral Researchers Umited
Balance Sheet
at 31 March 2022
Company No. N1665432
Notes
2022
2021
Flxed assets
Tangible assets
io
16,156
16,156
6,186
6,186
Current assets
Debtors
Cash at bank and in hand
11
6,317
508
5,245
348
5,593
(3,516)
6,825
(5,128)
1,697
Credltors: Amount falling due within one year
Net current assets
12
2,077
Totsi assets less current Ilabllltles
17,853
17,853
8,263
Net assets excludlng penslon asset or Ilablllty
8,263
Total net assets
17,853
8,263
Thefunds ofthe tharlty
Restrlcted funds
Restricted income funds
13
14,605
14,605
4,919
4,919
Unrestrlcted funds
General funds
Designated funds
13
2,461
787
3,248
Reserves
13
Totsi funds
17,853
8,263
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies
Act 2006 relating to small companies.
For the year ended 31 March 2022 the company was entitled to exemption under section 477 of the
Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the
Companies Act 2006.
The directors acknowledge their responsibilities for complyin8 Wlth the requirements of the Companies Act
2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 08 November 2022
And signed on its behalf by:
Matthew Ferguson
Trustee
08 November 2022
Page 8

Roe Valley Ancestral Researchers Umlted
Statement of Cash flows
for the year ended 31 March 2022
2022
2021
Cash ftows from operatlng actlvltles
Net Income per Statement of Flnandal Actlvitle5
9,590
8,263
Adjustments for:
Depreciation of property, plant and equipment
Increase in trade and other receivables
Decrease in trade and other payables
4,066
{1,072)
(1,438)
Net cash provlded by operatln8 artlvltles
11,146
8,263
Cash flow5 from Investlng actlvltles
Payments for property, plant and equipment
(14,036)
(6,186)
Net cash used In Investln8 actlvltles
(14,0361
{6,186)
Cash flows from flnandn8 actlvltles
Proceeds from new borrowings
Net cash from flnandng actlvltles
3,000
Net Inuease In cash and cash equlvalents
110
2,077
Cash and cash equlvalents at the beglnnlng of the year
348
Cash and cash equlvalents at the end of the year
458
2,077
Components of cash and cash equlvalents
Cash and bank balances
508
348
508
348
Page 9

Roe Valley Ancestral Researthers Umlted
Notes to the Accounts
for the year ended 31 Marth 2022
l Accountin8 pollcles
Bas15 of preparatlon
The financial statements have been prepared in accordance with 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 102) (effective I
January 2015) - {Charities SORP IFRS 10211,'the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 102> and the Companies Act 2006.
Change In basls of accountln8 or to prevlous accounts
There has been no change to the accounting policies (valuation rules and method of accounting> since
last year and no changes have been made to accounts for previous years.
Fund accountlng
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the
general objects of the charity.
These are unrestricted funds earmarked by the trustees for particular purposes.
These are unrestricted funds which include a revaluation reserve representing the
restatement of investment assets at their market values.
These are available for use subject to restrictions imposed by the donor or through
terms of an appeal.
Designated funds
Revaluation funds
Restricted funds
Income
Recognition of
income
Income 15 Included in the Ststement of Financial Activitles (SOFA) when the charity
becomes entitled to, and virtually certain to receive, the income and the amount of
the income can be measured with sufficient reliability.
Income with related Where income has related expenditure the income and related expenditure is
expenditure
reported gross In the SOFA.
Donatlons and
legacies
Voluntary income received by way of grants, donations and gifts is Included in the
the SOFA when receivable and only when the Charity has unconditional
entitlernent to the income.
Tax reclaims on
Incorne from tax reclaim5 is included in the SOFA at the same time as the
donations and gifts gift/donation to which it relates.
Donated services
These are only included in income (with an equivalent amount in expenditurel
and facilities
where the benefit to the Charity is reasonably quantifiable, measurable and
material.
Volunteer help
The value of any volunteer help received is not included in the accounts.
Investment income This is included in the accounts when receivable.
Gains/llosses) on
This includes any gain or loss resulting from revaluing investments to market value
revaluation of fixed at the end of the year.
assets
Gains/{lossesl on
investment assets
This includes any gain or loss on the sale of investments.
Page 10

Roe Valley Ancestral Researchers Umlted
Notes to the Accounts
Expendlture
Recognition of
expenditure
Expenditure is recognised on an accruals basis. Expenditure includes any VATwhich
cannot be fully recovered, and is reported as part of the expenditure to which it
relates.
Expenditure on
These comprise the costs associated with attracting voluntary income, fundraising
raising funds
trading costs and investment management Costs.
Expenditure on
These comprise the costs incurred by the Charity in the delivery of its activities and
charitable activities ser4ices in the furtherance of its objects, including the making of grants and
governance costs.
All grant expenditure is accounted for on an actual paid basis plus an accfual for
grants that have been approved by the trustees at the end of the year but not yet
paid.
These include those costs associated with meeting the constitutional and ststirtory
requirements of the Charity, including any audit/independent examination fees,
costs linked to the strategic management of the Charlty, together with a share of
other administration costs.
Other expenditure These are support costs not allocated to a particular activity.
Grants payable
Governance costs
Taxatlon
The charity is exempt from corporation tax on its charitable activities.
Tan8lble flxed assets and depredatlon
Depreciation is provided at the following annual rates in order to write off each asset over its estimated
useful life:
Equipment, fixtures & fittings 20% Straight line
Freehold Investment property
Investment propertles are measured initially at cost and subsequently at falr value at each balance sheet
date and are not depreciated. All gains or losses are tsken to the Statement of Financial Activities as they
arise.
Stock$
Stock is included at the lower of cost or net realisable value. Donated items of stock are Tecognised at fair
value which is the amount the charity would have been willing to pay for the items on the open market.
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash and cash equlvalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposlts with banks and other
short-term highly liquid investments with original maturitie5 of three months or less and bank overdrafts.
In the statement of financial position, bank overdrafts are shown within borrowings or current liabilitie5.
In the Ststement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are
repayable on demand and form an integral part of the company's cash management.
Page 11

Roe Valley Ancestral Researchers Limited
Notes to the Accounts
Trade and other creditors
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised
where the charity has a present obligation resulting from a past event that will probably result in the
transfer of funds to a third party and the amount due to settle the obligation can be measured or
estimated reliably. Creditors and provisions are normally recognised at their settlement amount after
allowing for any trade discounts due.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Foreign currencles
Monetary assets and liabilities denominated in currencies other than the functional currency of the
charity are translated at the rates of excha nge prevailing at the end of the reporting period.
Transactions in currencies other than the functional currency of the charity are recorded at the rate of
exchange on the date that the transaction occurred.
All exchange differences are are taken into account in arriving at net incomelexpenditure.
Leased assets
Where the charity enters into a lease which entails ta king substantially all the risks and rewards of
ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified
as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the
inception of the lease or, if lower, at the present value of the minimum lease payments. The
corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation.
Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to
achieve a constant rate of interest on the remaining bala nce of the liability. Finance expenses are
recognised immediately, unless they are directly attributable to qualifyi ng assets, in which case they are
capitalised in accordance with the cha rity'5 policy on borrowi ng costs.
Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term.
In the event that lease incentives are received to enter into operating leases, such incentives are
recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental
expense on a straight-line basis.
Pension costs
The charity operates a defined contribution plan for its employees. A defined contribution plan is a
pension plan under which the company pay5 fixed contributions into a separate entity. Once the
contributions have been paid the company has no further payments obligations. The contributions are
recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet.
The assets of the plan are held separately from the company in independently administered funds.
Recelpt of donated goods, faclllties and servlces
All donated goods, facilities and services received are recognised within incomin8 resources and
expenditure at an estimate of the value to the charity.
Page 12

Roe Valley Ancestral Researchers Llmlted
Notes to the Accounts
2 Company status
The company is a private company limited by guarantee and consequently does not have share capital.
3 Statement of Flnanclal Actlvities - prior year
Unrestricted
funds
Restrlcted
funds Total funds
2021
2021
2021
Income and endowments from:
Donations and legacies
Charitable activities
other trading activities
Totsi
7,650
16,314
660
660
io
10
9,334
7,650
16,984
Expendlture on:
Charitable activities
634
634
Other
5,356
5,990
2,731
8,087
Total
2,731
8,721
Net Income
4,919
8,263
Net Income before other
galns/(losses)
Other galns and losses:
Net movement In funds
4,919
8,263
4,919
8,263
Reconclllatlon of funds:
Total funds carrled forward
3,344
4,919
8,263
4 Income from donatlons and le8acles
Unrestrlcted
Restrltted
Totsi
2022
Total
2021
Donations
2.961
2,961
26,669
922
6,821
9,493
Grants
26,669
Grants
922
3,883
26,669
30,552
16,314
5 Income from charltsble actlvftles
Unrestrlcted
Total
Totsi
2021
2022
Membership
570
570
660
570
570
Page 13

Roe Valley Ancestral Researchers Umlted
Notes to the Accounts
6 Income fr(xn other tradlng actlvltle5
Unrestrlcted
Total
Totsi
2021
2022
Classroom/Marquee Hire
504
504
io
504
504
io
7 Expendlture on ralslng fvnds
Unrestrlcted
Restrlcted
Total
2022
Total
2021
Costs of generating voluntary
income
Donations
217
217
34
Grants
19
519
600
236
500
736
634
8 Other expendlture
Unrestrlcted
Restrlrted
Total
2022
Total
2021
25
25
20
Employee costs
Motor and travel costs
251
251
327
327
1,627
3,068
Premises costs
Amortisation, depreciation,
impairment, profivloss on
disposal of fixed assets
General administrative costs
Legal and professional costs
496
7,062
7,558
268
3,798
4,066
3,170
858
2,896
2,149
16,483
6,066
3,(X)7
21,300
2,549
823
4,817
8,087
9 Net Inc(xne before transfers
2022
2021
This is stated after charging:
Depreciation of owned fixed assets
4,066
Page 14

Roe Valley Ancestral Researchers Umlted
Notes to the Accounts
10 Tangible fixed assets
Equipment,
fbxtures &
fittings
Total
Cost or revaluatlon
At l April 2021
Additions
At 31 March 2022
Oepredatlon and
Impalrment
Depreciation charge for the
year
At 31 March 2022
6,186
14,036
20,222
6,186
14,036
20,222
4,066
4,066
4,066
4,066
Net book values
At 31 March 2022
At 31 March 2021
11 Debtors
16,156
6,186
16,156
6,186
2022
2021
VAT recoverable
Other debtors
1,442
4,875
6,317
1,722
3,523
5,245
Farlow Wood Planning Application Fee £1,523 to Causeway Coast & Glens Council
Loan (£5,000) to NWLL Ltd for Wilson Nesbit Lease £2,01)O Outstandlng
12 Credftors:
amounts falling due within one year
2022
2021
Other loans
other taxes and social security
Other creditors
Accruals
3,000
1,302
825
5,128
2,741
775
3,516
Focused on Data £342
Mid Antrim Marquees Ltd £960
Loan from Ceres Group Europe (Nl) Ltd £3,000
Page 15

Roe Valley Ancestral Researchers Umlted
Notes to the Accounts
13 Movement in funds
Incomlng
resources
(Includln8
other
At l Aprll 8alnsnosses
2021
Resources
expended
At31
March
2022
Restrlcted funds:
Restrlrted Income funds:
National Lottery Cornmunitv
Fund
Causeway Coasts & Glens
Grants
10,000
10,000
2.703
11,200
14,3981
19,338)
11,695)
1,862
Live Here Love Here
Western Health Social Care
Trust
Causeway Coasts & Glens
Grants
Community Arts Foundation
Fund
500
(500)
2,266
{1,510)
756
4,919
{1,237)
3,682
Total
4,919
26,669
116,983)
14,605
Unrestrlcted funds:
General funds
4,035
{4,918)
2,461
Deslgnated funds:
Causeway Volunteer Bureau
Policing & Community Safety
Project
422
422
500
(135)
{135}
365
Total
922
787
Total lunds
8,263
31,626
(22,036}
17,853
Purposes and restrictions in relation to the funds:
Restricted funds:
National Lottery Community To purchase a marquee as an outdoor classroom
Fund
Causeway Coasts & Glens
Grants
NIIOO project {£1,351.26-received)
Live Here Love Her2
Western Health Social Care
Trust
Causeway Coasts & Glens
Grants
To develop a pollination project in Farlow Wood {£11,200)
Walk in the wood¥ Project (£500)
HLF Farlow Wood (£2,265.32)
Page 16

Roe Valley Ancestral Researchers Llmited
Notes to the Accounts
Community Arts Foundation Purchase a Scanner1£7,650-received)
Fund
Designated funds:
Causeway Volunteer Bureau Covid Support (£421.51 received)
Policing & Community Safety Camera5 for Farlow Wood (£500-received)
Project
14 Analysls of net a55et5 between funds
Unrestrlrted
funds
Restrlcted
funds
Total
Fixed assets
16,156
16,156
1,697
17,853
Net current assets
1,697
1,697
16,156
15 Recondllatlon of net debt
At31
Marth
2022
At l Aprll
2021
Cash flows
Cash and cash equivalents
348
348
160
160
508
508
Borrowings
(3,000)
(3,000)
(3,000>
(3,0001
Net debt
348
12,8401
12,492)
16 Related party dlsclosures
2022
2021
rransoctlons wlth relatedportles
Name of related party
North West Llfelong Learnlng Ltd
Description of relationship
NWLL provides a community meeting place
between the parties
and official headquarter address.
Description of transaction
and general amounts
involved
Amount duefrom/{to) the related party
£5,000 Loan to NWLL to support Lease
application 2019
2,000
2,000
Name of reloted pcrty
Ceres Group Europe (Nl) Ltd
Dedicated learning provider Qualification
side of land-based skills that RVAR promote
as part of green spaces protection.
Description of relationship
between the parties
Description of transartion
ond general amourts
involved
Amount duefrom/{toJ the related party
cOntr￿lIng porty
£3,000 Loan from Ceres to support the
purchase outdoor cl355room facility.
(3,000)
Page 17

Roe Valley Ancestral Researchers Umited
Detalled Statement of Flnanclal Activlties
for the year ended 31 March 2022
Unrestrlcte
d funds
2022
Restrlcted
funds Totsi funds Total funds
2022
2022
2021
Income and endowments from:
Donations and legacies
Donations
Grants
2,961
2,961
26,669
922
30,552
6,821
9,493
26,669
Grants
922
3,883
26,669
16,314
Charitable activities
Membership
570
570
660
570
570
660
Other trading activities
Classroom/Marquee Hire
504
504
504
10
10
504
Total Income and endowments
4,957
26,669
31,626
16,984
Expendlture on:
Costs of generating donations and
legacies
Donations
217
217
Grants
19
236
500
519
736
600
500
634
Total of expendlture on ralsln8
funds
236
500
736
634
Other expenditure
25
25
20
25
25
20
Employee costs
Staff training
251
251
251
251
Motor and travel costs
Travel and subsistence
327
327
1,627
1,627
327
327
Premises costs
Rent
150
150
750
Premises cleaning
Premises repairs and
maintenance
29
29
77
317
7,062
7,379
2,241
496
7,062
7,558
3,068
General administrative costs.
including depreciation and
amortisation
Page 18

Roe Valley Ancestral Researchers Llmlted
Detalled Ststement of Flnanclal Activlties
Depreciation of Equipment.
fixtures & ffttings
Equipment expensed
Equipment leasing and hire
charges
General insurances
Postage and couriers
Software, IT support and related
costs
268
3,798
4,066
180
73
253
643
18
960
978
295
283
283
273
34
2,026
2,026
308
Stationery and printing
Subscriptions
Sundry expenses
275
1,427
1,702
46
126
73
46
308
3,438
436
744
831
2,549
6,694
10,132
Legal and professional costs
Accountancy and bookkeeping
Other legal and professional
costs
435
435
775
423
2,149
2,572
858
2,149
3,007
823
Totsi of expendlture of other costs
4,817
16,483
21,300
8,087
Total expendlture
Net gains on investments
5,053
16,983
22,036
8,721
Net Income
(96)
9,686
9,590
8,263
Net Income before other
galns/(losses)
Other Gains
(96)
9,686
9,590
8,263
Net movement In funds
(96)
9,686
9,590
8,263
Reconclllatlon of fund5:
Total funds brought forward
4,919
8,263
Totsi funds carrled fonvard
3,248
14,605
17,853
8,263
Page 19