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2024-03-31-annual-report

yuuiii iiiiiiistry Trustees Fleport 2023 2024

Contents

ontents
Reference and Administration Details 03
Administration details
Trustees Report 04
Objects of the Charity
Activities of the Charity
Achievements, Performance & Public Beneft
Financial Review
Structure, Governance and Management
Going Concern
Governing Document
Recruitment and Appointment of Trustees
Organisational Structure
Compliance with Public Beneft
Statement of Trustees Responsibilities
Independent Examiners Report to the Trustees 09
Receipts and Payments Account 10
Statement of Assets and Liabilities 11
Notes to the Financial Statements 12

Reference and Administration Details

Name

Fuse Youth Ministry

Charity Number

100225

Trustees

Karen Boville Chairperson Victoria Bell Secretary Keith McCann Treasurer Caroline Beattie Jonathan Elliott

Charities Principal Address

13 Cranebrook Crescent Ballynakelly Dungannon BT71 6JH

Independent Examiners

Ruddell & Company 50 Portmore Street Portadown BT62 3NF

Principal Bankers

Santander PO Box 10102 21 Prescot Street London E1 8TN

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Trustees Report

The trustees present the annual report and statements of Receipts and Payments, and Assets and Liabilities for Fuse Youth Ministry for the year ended 31 March 2024.

Objects of the Charity

The charitable purposes of Fuse Youth Ministry are to :

Promote Christianity - by demonstrating the basic principals of the Christian faith in action, and providing pastoral support and care to the young people. Fuse is a Christian response, to empower young people facing difficult circumstances, presented by modern day living.

Advance education - by supporting young people in the educational system, and facilitating relevant learning in different, and flexible formats.

Promote the benefit of young people between the ages of 8 and 24 - by promoting their physical, mental and spiritual capacities. To assist their growth to full maturity as individuals, and members of society, and improve, their conditions, and environs of life.

As a result of activity in the pursuit of the above charitable purposes Fuse Youth have

Activities of the Charity

Fuse youth ran a number of regular activities and projects over the past 12 months. The projects were designed to engage young people who are at risk or marginalised from society. During the period April 2023 to March 2024 Fuse ran a weekly personal development project, based around football, providing positive alternatives and assist attitudinal change.

Achievements, Performance & Public Benefit

Fuse youth have a weekly personal development project, for teens. The project is loosely based around football and physical activity. Additional projects run based on need and topical issues within community.

Fuse journeys and does life together with the young people engaged on project. A journey of discovery underpinned by (FUSE - Facilitating and Understanding Self Esteem) a core value engrained as an ethos within Fuse youth. We recognise the importance of self esteem in the development and education of young people. Therefore we build our projects around this and other core values to ensure

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young people understand and experience their value and worth. We do this in a very practical, interactive and fun way, we aim to increase the levels of young peoples self esteem so they are comfortable in their own skin and happy with what they see in the mirror.

A normal session will include, football or other social activities, personal development, attitudinal challenge, educational aspects and topical group conversation.

Young people who experience difficult challenges or circumstances are offered one to one mentoring, to explore the issue, map a way forward and design a recovery plan.

The projects bring in additional support when required. For example, fuse partner with Armagh, Banbridge and Craigavon City Council sports development department. The council coaches work with the young people on blocks of 6 weeks in various sports and activities.

Regular trips introduce the young people to new positive experiences away from the area. Trips include water sports, go-karting, and cinema etc.

Each summer Fuse normally run a summer Intervention scheme from April to August.

The scheme normally attracts 85 young people, with activities removing young people from the area and sources of potential unrest or ASB. The young people engaged, generally survey as approx. 75% non engagers, who do not access any other youth provision during this period.

The work carried out during summer months contributes to the reduction of tensions during the marching season. PSNI figures report a reduction in tactical support units at the height of the summer marching season.

Parents, community representatives and statutory partners acknowledge the work we do and its contribution to improvements in the lives and environs where the young people live.

The activities outlined above demonstrate how Fuse Youth continues to implement its charitable purposes : the advancement of education

and meets the Public benefit requirement.

Benefits to members of the public include :

contributing to the personal development of the young peoples physical, mental and

contributing to their education and empowerment out of disadvantage

We expect the out-workings of our activities to develop stronger, safer, united communities, where people matter to each other and life is valued and enjoyed.

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Fuse youth has mitigated any potential harm from the activities through child protection training, access NI checks, and observance of good practice.

Fuse youth has given careful consideration to the Charity Commission for Northern Ireland’s guidance on public benefit (PBR1) to ensure that the actives entered into during the year have helped to achieve Fuse Youths objectives and activities, as well as providing public benefit.

Financial Review

The principal source of income of Fuse Youth Ministry continues to be from Donations and Grants.

The principal expense of Fuse Youth Ministry is in respect of payments regarding youth activities and transport.

Fuse Youth Ministry had an excess of payments over receipts before other gains of (£161.00) for the year ended 31st March 2024.

Fuse Youth Ministry continues to be in a healthy financial state as at 31 March 2024 with total cash funds of £42.00.

Fuse Youth Ministry aims to retain sufficient reserves to meet its expected future expenditure requirements as well as potential future capital projects.

Structure, Governance and Management

Going Concern

The trustees have reviewed its planned expenditure for the year ahead and are satisfied that there are adequate funds in place to ensure that the Charity can continue its activities and the financial statements for the year ended 31 March 2024 can be signed off as a going concern.

Governing Document

The charity is regulated by the Charities Act 2008 and the Constitution and Rules of the charity adopted on 22nd September 2014.

Recruitment and Appointment of Trustees

Membership of Fuse youth shall be open to people aged 18 years or over in the area of benefit who support the objects of the Association and whose applications for membership are accepted by the Committee; such

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The Committee elected at an Annual General Meeting shall have the power to co-opt further members to fill! any casual vacancy arising on the Committee, or to enlist committee members with particular skills.

Organisational Structure

The management committee is the governing body of Fuse Youth Ministry (“the Association”) and consists of all the appointed trustees of the Charity. Under the rules of the charity the trustees must number at least 3. The majority of the trustees offer themselves up for re-election each year at the annual general meeting under the terms of the constitution of the association. At the Annual General Meeting on 07th November 2022 all existing trustees stood for election and were elected unopposed.

Five full committee meetings were held between April 2023 and March 2024. Attendance at these meetings was as follows:

Keith McCann 5/5 - Karen Boville 5/5 - Jonathan Elliott 5/5 - Victoria Bell 5/5 - Caroline Beattie 4/5. Further informal meetings were held during the year to deal with routine business as necessary.

The committee reviewed financial matters at each full committee meeting. The Treasurer presented a financial forecast for the remainder of the year to the Trustees at each of those meetings and its implications were considered and discussed. Budget forecasts are made on a conservative estimate of potential funding and costs to ensure financial viability. The committee has undertaken to implement a reserves policy which will be used to determine expenditure plans throughout the year taking into account cash flow around projects and events.

The accounts are presented annually to the membership for discussion and approval, following independent inspection.

Compliance with Public Benefit

The Charity has given careful consideration to the Charity Commission for Northern Ireland’s guidance on public benefit to ensure that the activities entered into during the year have helped to achieve the Charity’s objectives, as well as providing public benefit.

Statement of Trustees Responsibilities

The trustees are responsible for preparing the Trustees’ Report and the statement of receipts and payments and statement of assets and liabilities in accordance with applicable law and regulations. The law applicable to charities in Northern Ireland with Income of less than £250,000 requires the trustees to prepare a statement of receipts and payments and a statement of assets and liabilities for each financial year.

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The trustees are responsible for keeping accounting records that are sufficient to show and explain the Charity’s transactions and disclose with reasonable accuracy at any time the assets and liabilities of the Charity. 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.

Signed on Behalf of the Trustees

Trustee 1 _____ Trustee 2 _______

20th January 2025 Date _________

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Independent Examiners Report - NIC 100225 to the Trustees of Fuse Youth Ministry

I report on the accounts of the Charity for the year ended 31 March 2024, which are set out on pages 10 to 11.

Respective responsibilities of charity trustees and examiner

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008.

It is my responsibility to:

Basis of independent examiner’s report

I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act.

My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters.

My role is to state whether any material matters have come to my attention giving me cause to believe:

  1. That accounting records were not kept in accordance with section 63 of the Charities Act

  2. That the accounts do not accord with those accounting records

  3. That the accounts do not comply with the accounting requirements of the Charities Act

  4. That there is further information needed for a proper understanding of the accounts to be reached.

Independent examiner’s statement

I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention.

Name: Brian Ruddell

For : Ruddell & Company (Chartered Accountant)

Address : 50 Portmore Street, Portadown, Co Armagh, BT62 3NF

Date : 20th January 2025

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Receipts and Payments Account for year ended 31 March 2024

On Behalf of the Trustees
Trustee 1
_____
Trustee 2
_______
Notes
Unrestricted
Restricted
Total
Total Funds
2023
RECEIPTS
Funding
2
-
£3087.00
£3087.00
£3983.00
Total Receipts
-
£3087.00
£3087.00
£3983.00
PAYMENTS
Charity Running Costs
£100.00
£100.00
£1014.00
Rent
£48.00
£48.00
£180.00
Accountancy
£50.00
£50.00
£50.00
Equipment
£907.00
£907.00
-
Event Expenses
£1360.00
£1360.00
£2640.00
Insurance
£402.00
£402.00
£400.00
Print & Stationary
£381.00
£381.00
-
Total Payments
£0.00
£3248.00
£3248.00
£4284.00
Net Income/(Expenditure)
before transfers
-£161.00
-£161.00
-£301.00
Net Movement in Funds
-
-£161.00
-£161.00
-£301.00
Reconciliation of Funds
Total Funds Brought Forward
-
£203.00
£203.00
Total Funds Carried Forward
-
£42.00
£42.00		 Notes
Unrestricted
Restricted
Total
Total Funds
2023		 Notes
Unrestricted
Restricted
Total
Total Funds
2023		 Notes
Unrestricted
Restricted
Total
Total Funds
2023		 Notes
Unrestricted
Restricted
Total
Total Funds
2023		 Notes
Unrestricted
Restricted
Total
Total Funds
2023
RECEIPTS
Funding
2
-
£3087.00
£3087.00
£3983.00
Total Receipts
-
£3087.00
£3087.00
£3983.00
PAYMENTS
Charity Running Costs
£100.00
£100.00
£1014.00
Rent
£48.00
£48.00
£180.00
Accountancy
£50.00
£50.00
£50.00
Equipment
£907.00
£907.00
-
Event Expenses
£1360.00
£1360.00
£2640.00
Insurance
£402.00
£402.00
£400.00
Print & Stationary
£381.00
£381.00
-
Total Payments
£0.00
£3248.00
£3248.00
£4284.00
Net Income/(Expenditure)
before transfers
-£161.00
-£161.00
-£301.00
Net Movement in Funds
-
-£161.00
-£161.00
-£301.00
Reconciliation of Funds
Total Funds Brought Forward
-
£203.00
£203.00
Total Funds Carried Forward
-
£42.00
£42.00
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Statement of Assets and Liabilities as at 31 March 2024

Notes Total Funds 2024 Total Funds 2023

Cash Funds
General Account £42.00 £203.00
Total Cash Funds £42.00 £203.00
Creditors - amounts falling due within one year - -
Total Creditors - -
Net Current Assets £42.00 £203.00
Total Net Assets £42.00 £203.00
The Funds of the Charity
Unrestricted Funds - -
Restricted Funds 4 £42.00 £203.00
Total Funds 5 £42.00 £203.00

The notes on pages 12 to 14 form an integral part of these finical statements and should be read in conjunction therewith.

The finical statements on pages 10 to 11 were approved by the board of trustees on 20th January 2025 and signed on behalf by :

On Behalf of the Trustees

Trustee 1

Trustee 2

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Notes to the Financial Statements

for the year ended 31 March 2024

1. Accounting policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

1.1) Basis of preparation

The financial statements have been prepared on a going concern basis 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) – (Charities SORP (FRS 102)).

The Charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost and transaction value unless otherwise stated in the relevant accounting policy note(s).

1.2) Preparation of accounts on a going concern basis

The charity generally meets its day to day working capital requirements from its annual income. The Trustees have obtained and reviewed cash flow forecasts for the coming year and based on these are satisfied that the charity has resources to provide a reasonable expectation that it can continue to meet its financial obligations as they fall due for the foreseeable future . Therefore these financial statements have been prepared on a going concern basis.

1.3) Income

Collections, donations, event income and fundraising income are accounted for on a cash receipts basis as the amount is collected.

Income from government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

1.4) Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

1.5) Cash and cash equivalents

Cash and cash equivalents includes cash in hand, deposits held at call with banks.

1.6) Funds

Funds are classified as either restricted funds or unrestricted funds, defined as follows.

Restricted funds are funds subject to specific requirements as to their use which may be declared by the donor or with their authority or created through legal processes, but still within the wider objects of the charity.

Unrestricted funds are expendable at the discretion of the Trustees in furtherance of the objects of the charity. If parts of the unrestricted funds are earmarked at the discretion of the Trustees for a particular purpose, they are designated as a separate fund. This designation has an administrative purpose only and does not legally restrict the Trustees’ discretion to apply the fund.

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1.7) Critical Accounting Judgements and estimation uncertainty

Estimates and judgements made in the process of preparing the financial statements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The Trustees do not consider that there are any critical judgements made in applying the charity’s accounting policies or that there are any critical accounting estimates or assumptions which may have a significant risk of causing a material adjustment to carrying amounts of assets and liabilities within the next financial year.

Unrestricted Restricted
2 Fund 2024 Funds 2024 Total 2024
Funding Receipts
ABC Council Grant - £1,000.00 £1,000.00
Education AuthorityFunding - £2,087.00 £2,087.00
- £3,087.00 £3,087.00

3 Taxation

Fuse Youth Ministry is recognised as a charity for the purposes of applicable taxation legislation and therefore, is not subject to taxation on its charitable activities.

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4. Funds of the
Group
At 01 Apr Incoming Outgoing At 31 Mar
2023 Resources Resources Transfers 2024
Restricted Funds
Santander Bank £203.00 £3,087.00 (£3,248.00) - £42.00
£203.00 £3,087.00 (£3,248.00) - £42.00
Unrestricted Funds
Santander Bank - - - - -
Total Funds - - - - -
2024 2023
Cash and cash equivalents £42.00 £203.00
5. Analysis of Net Assets Among
Funds
General Restricted 2024 2023
Current Assets - £42.00 £42.00 £203.00
Current Liabilities - - - -
Net Assets at 31 March - £42.00 £42.00 £203.00

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