2023-04-30-accounts

COMPANY REGISTRATION NUMBER: N1062692 CHARITY REGISTRATION NUMBER: NIC100228 Clonard Monastery Youth Centre Company Limited by Guarantee Unaudited Financial Statements 31 March 2023

Clonard Monastery Youth Centre Company Limited by Guarantee Financial Statements Year ended 31 March 2023 Page Trustees, annual report (incorporating the director's report) Independent examiner's report to the trustees Statement of financial activities (including income and expenditure account) Statement of financial position Notes to the financial statements

Clonard Monastery Youth Centre Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) Year ended 31 March 2023 The trustees, who are also the directors for the purposes of company law. present their report and the unaudited financial statements of the charity for the year ended 31 March 2023 Reference and administrative details R8gistore(I charity name Charity registration number Company registration number N1062692 Prlnclpal office and reglstered Clonard Monastery office 1A Clonard Gardens Clonard Monastery Youth Centre NIC100228 Belfast BT13 2RL The trustees Mrs Geraldine Stinlon Mr Patrick Murphy Mr Brendan Dineen Mr Paul Shevlin Mr Christopher Mccloskey Mrs Rita Burke Rev Peter Burns Mr Piarais Mccaffery My Barry Fegan Mr John Leo McGurk (Resigned 1 August 2023) (Appointed 1 Augusl 20231 (Appolnted 1 Augusl 20231 (Appointed 1 August 20231 Rev Brendan Kelly Mr Kieran Mccaughey FCCA 22 Great Victoria Street Belfast Independent examiner BT2 78A

Structure, governance and management The Charity is a charitable company limited by guarantee and was incorporated on 17th January 2007. It is govemed by a memorandum and articles of association. Due to the nature of the charity trustees are appointed on the basis of their expertise. We specifically look for trustees who have proven expertise in youth issues and current legislation related to young people. The Board is reviewed annually to ensure thal the appropriate mix of skills is maintained and to identify if any further skills are required to ensure the company focuses on its core work. Tralnlng Trustees are already familiar with the practical work of the chsrity and are invited to attend charitsble membership awareness events and governance training and seminars. New trustees are required to participate in governance training organised annually. Objectives and activities Principal activity and business review The principal activity of the Charity is to support young people to realise their full potential and become active citizens in society, through their participation in, and association with, goals and principles that are educative, participative, enabling and promote equalily of opportunity and social inclusion. The directors are satisfied with the projecl to date and the results are in line with expectations. Mission statement Clonard Monastery Youth Centre supports young people to realise their full patenti81 and become active citizens in society, through their participation in, and association with goals and principles that are educative, participative, enabling and promote equality of opportunity and soGial inGlusion.

Objectives and activities Our programmes are based on The Model for Effective Practice (Youth Work Curriculum for Northern Ireland) and include: Plan and facililale a programme and employ staff to meet the criteria set by OFMIDFM, to 'increase access to mainstrearn youth services in disadvantsged areas, to support specific targeting of those who may be at greater risk of social exclusion, materialisation or isolation because they experien￿ a combinalion of barriers to learning, Drop-ln facilities for members each weekday evening from 19'.00 to 22.00, including snooker, pool. foott)all & other entertainment Youth Projects subject to succe55ful funding applicalions, which are age and ability specific., Training for young people aged 15 plus; Community Relations Projects with a range of partners, including Ledley Hall Boys and Girls Club, Mountcollyer Youth Centre, YMCA, and Clonard Residents Summer programme Make facilities available for Irish Dance, and football training to local community groups Out-door resldentlal experiences- International Experiences- In association wilh Clan Mor Sure Start we offer training facilities for young parents and provide creche for them for the year they are with us, and.. We offer issue-based programmes in association with a range of partnerships and external groups. Public benefit Clonard Monastery Youth Centre has strived to promote the benefit of children and young people in the Clonard 8rea, through a range of developmental and educalional programmes throughout the year. Over the course of the year we provided young people with opportunities lo develop emotionally, physically and spiritually as well as providing young people with the OPPDrtunity to take part in international trips and view the world in a wider context. All programmes and services offered in the youlh centre have promot8d capacity building and encouraged growth 8nd grealer self-esteem and leadership skills in young people. Strategic report The following sections for achievements and performance and financial review form the strategic report of the charity.

Achievements and perfomiance In the past year we increased our attendances and membership numbers as young people availed of the brand new facilities after refu￿lShMent. We were able to plan and organise 2 international leaming experiences which will take place in the coming year. We also developed a junior and senior youth forum within the youth centre who spearheaded some fantastic work within the youth cenlre and allowed us to grow from strength to strength. Our detached workers continued to engage with young people in and around the Clonard and Springfield Road areas and provided young people with much needed support and guidance throughout the year. Programmes wilh Youth Justice Agency to help raise awarenes5 of issues of anti-social behaviour. Financial review Funding is sourced from the following.. Contributions from members Grant from Education Aulhorlty Other grants received following application by staff for funding. Reserves policy The trustees have examined the charity's requirements for reseNes in light of the main risks to the organisation. It has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charlty should be one ye8r's expendlture. The charity has budgeted expenditure in 2023124 of £150,000 inclusive of the staff and premises costs that are met from reslricted funding and the trustees will target to have reserves of £150,000. The reserves are needed to meet the working capital requirements of the charily and the truslees are confident Ihat at this level of funding they would be able lo continue the current activities of the charity in Ihe event of a significant drop in funding. The present level of unrestricted reserves of £75,426 is significantly short of the target level. Although the slrategy is to continue to build reserves, the trustees are well aware thal it is unlikely that the target can be reached for at leasl five years. In the short term the trustees have also considered the extent to which existing 8Ctivilies and expenditure could be curtailed, should such circumstances arise. Plans for future years The charity plans continuing the activities outlined above in future years. Small Company provisions This report has been prepared In accordance with Ihe provisions applicable to companies entitled to the small companies ex8mption.

The trustees, annual report and the strategic report were approved on 14 De￿rnber 2023 and signed on behalf of the board of trustees by.. Mrs Geraldine Stinton Mr Brendan Dineen Trustee Trustee

Clonard Monastery Youth Centre Company Limited by Guarantee Independent Examiner's Report to the Trustees of Clonard Monastery Youth Centre Year ended 31 March 2023 I report to the trustees on my examination of the financial statements of Clonard Monastery Youth Centre ('the charity'l for the year ended 31 March 2023. Responsibilities and basis of report As the trustees of the company land also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of Charities Act {Northern Ireland) 2008 (the .2008 Act,) and the Companies Act 20061'the 2006 Act,). You are satisfied that the accounts of the company are not required by charity or Company law to be audited and have chosen instead to have an independent examination. Having satisfied myself that Ihe accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's financial statements as Garried out under section 65 of the 2008 Act. In carrying out my examination I have followed the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the 2008 Act. Independent examinerf5 Statement I have completed my examination. I conflrm thal no matters have come to my attention in connection with my examination giving me cause to believe thal in any material respect.. 1. accounting records wer8 not kept in respect of lh& chsrity as required by section 386 of th8 2006 Act,. or 2. the financial statements do not accord with those records., or 3. the financial stalements do not comply wilh the accounting requirements of section 396 of the 2006 Act other than any requirement thal the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination; or 4. the financial ststements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102}. I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached. Mr Kieran Mccaughey FCCA Independent Examiner 22 Great Victoria Street Belfast BT2 7BA 14 December 2023

Clonard Monastery Youth Centre Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 March 2023 2023 2022 Unrestricted funds Restricted funds Total funds Total funds Noto Income and endowments Donations and legacies Charitable activities 3,354 277 3,333 200,286 6.688 200,562 17,929 9.002 248,617 23,503 Other trading activities 17,929 Total Income 21,560 203,619 225,179 281,123 Expendllure Expenditure on ralsing funds.. Costs of other trading activities Expenditure on charitable activities 1,475 29,132 1,996 255,399 3.471 284.531 2,245 270,562 Total expèndlture (30,607) (257,395> (288,002> (272,807) Net (expenditur8}lin¢ome and net movomont In funds { 9.047> (53,776) { 62,8231 8,316 Reconciliation of funds Total funds brought forward 84,473 698,579 783,052 774,736 Total funds carried forward 75,426 644,803 720,229 783,052 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

Clonard Monastery Youth Centre Company Limited by Guarantee Statement of Financial Position 31 March 2023 2023 2022 Note Fixed assets Tangible fixed assets Current assets Deblors 14 632,558 685.045 15 13.821 101,006 Cash at bank and in hand 89,152 89,152 1,481 114.827 16.820 Creditors: amounts falling due within one year 16 Net currenl assets 87.671 98.007 Total assets less current Ilabllltles 720,229 783,052 Net assets 720,229 783,052 Funds of the charlty Restricted funds Unrestricted funds 644.803 75,426 698.579 84,473 Total charity funds 18 720,229 783,052 For the year ending 31 March 2023 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities: The members have not required the company to oblain an audit of its financial staternents for the year in question In accordance wlth sectlon 476 The directors acknowledge their responsibilities for complying with Ihe requiremenls of the Act with r8specl to accounting records and the preparation of financial statements These financial stalemenls have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. These financial statements were approved by tha board of trustees and authorised for issue on 14 December 2023 and are signed on behalf of the board by.. Mrs Geraldine Stinton Mr Brendan Dineen Trustee Trustee

Clonard Monastery Youth Centre Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2023 1. General information The charily is a public benefit entity and a private company limited by guarantee, registered in Northem Ireland and a registered charity in Northern Ireland. The address of the registered office is Clonard Monastery, 1 A Clonard Gardens, Belfast, BT13 2RL. 2. Statement of complianca These financial stalements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republlc of Ireland., the Stslement of Recommended Practice applicable to charllles preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 (Charities SORP (FRS 102)) and the Companies Act 2006. 3. Accounting policies Basis of preparation Th& financial statements have been prepared on th8 historical cost basis, as modified by the r8valuation of certain financial assets and liabilitie5 and investment propertie5 measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern There are no material uncerlainties about the charity's ability to continue. Judgements and key sources of estimation uncèrtainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are b8sed on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Significant judgements There are no judgements {apart from those involving estimations) that man8gement has made In the process of applylng the entity's accounting pollcles that have any slgnificant effect on the amounts recognised in Ihe financial statements. Key sources of estimation uncertainty Accounting estimates and assuniptions are made concerning the fulure and, by their nature, will rarely equal the related actual oulcome. There are no key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adiustment lo the carrying amounts of assets and liabilities within the next financial year. The preparation of Ihe financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These eslimales and judgements are continually reviewed and are based on experience and olher factor5, including expectations of future event5 that are believed to be reasonable under the circumstances.

Fund accounting Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular fulure project or commitment. Restricted fijnds are subjected lo restrictions on their expendilure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes= restricted income funds or endowment funds. Incoming resources All incoming resources are included in the statement of financial activities when entitlement has passed to the charily,. it is probable that the economic benefits associated with the transaction will flow to the charity and Ihe amount can be reliably measured. The following specific policies are applied to particular categories of income: income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and it3 8mount ¢an be measured reliably. legacy in￿rne i¥ recognised when receipt 13 probable and entitlement is established. income from donated goods is measured al the fair value of the goods unless Ihis is impractical to measure reliably, in which case Ihe value is derived from the cosl to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for Ihe supply of seNices is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and relurned if unspent. in which case it may be regarded as restricted. Resources expended Expenditure is recognised on an a¢cruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates.. expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading sctivities, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further ils charitable airns for the benefil of its beneficiaries, including those support GOSts and costs relating to the governance of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitablè activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direcl costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis. Tangible assets Tanglble assets are Initially recorded 8t cosl, and subsequently stated 8t cost less any accumulated depreciation and impairment losses. Any tsngible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A de¢rease in Ihe carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value. over the useful economic life of thal asset as follows: Short leasehold propety Impairment of fixed a55ets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset 15 impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of imp8irment testing, when it is not possible to estimate the re¢overable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unil is the smallest identifiable group of assets thal includes Ihe asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected lo benefit from the synergies of the combination. irrespective of whether other assets or liabilities of the charity are assigned to those units. Flnanclal Instruments A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of thè Instrument. Baslc financial instruménts arè Initially r8cognised at thé amount recèlvable or payablè including any related transaction costs. Current assets and Current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at 8mortised cosl. Where Investments in shares are publlcly traded or their fair value can olherwlse be measured reliably, Ihe investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. Other rinancial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at Ihe present value of th& future payments discounted at a mark81 rale of interest lor 8 similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised In the statement of financlal actlvities, with the exceptlon of hedging instruments In a designated hedging relationship. 7 % straight line

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for irnpairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amounl of the financial asset thal exceeds what the carrying amount would have been had the impairment not previously been recognised. Defined contribution plans Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are reco9nised as an asset to the extenl that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 monlhs of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which It arlses. 4. Limited by guarantee Every member undertakes to contribute to the assets of the company in the event of the company being wound up while they are a member, or within one year of ceasing to be a member, for payment of the debts and liabilities of the company contracted before they ceased lo be a member and of the costs, charges and expenses of winding up and for the adjustment of the rights of the contributories among themselves, such amount as may be required, not exceeding £1. S. Donations and 1oga¢ies Unrestricted Funds Restricted Tolal Funds Funds 2023 Donations Donations 3,354 3,333 6,688 Unrestricted Funds Restrict8d Funds Total Funds 2022 Donations Donations 9,002 9,002 6. Charitable activities Unrestricted Funds Restricled Total Funds Funds 2023 Holy Trinity Youth College E Quinn Civils Ltd Additional summer activities 2.234 2.234 2,030 2,030 Belfast City Council Education Authority Youth Justice Agency Cooperation Ireland COVID Recovery 277 196.022 196.298 277 200,286 200.562

Unrestricted Funds Restricted Funds Total Funds 2022 Holy Trinity Youth College E Quinn Civils Ltd Additional summer activities 2,812 800 2.904 3,000 4,335 226,460 3,060 3,746 3.612 2,904 3,000 4,335 227,960 3,060 3,746 Belfasl City Council Education Authority Youth Justice Agency Cooperation Ireland COVIt) Recovery 1,501 4.313 244.305 248.617 7. Other tradlng actlvltles Unrestricted Total Funds Funds 2023 Unrestricted Funds Total Funds 2022 Shop income Club admission fees 5,605 2,617 9,707 5,805 2,617 9,707 3,925 10,058 9,520 3,925 10,058 9.520 Rental income 17,929 17,929 23,503 23,503 8. Costs of other trading activities Unrestricted Funds Restricted Total Funds Funds 2023 Costs of other trading activities - Shop costs 1.475 1,996 3,471 Unrestricted Funds Restricted Funds Total Funds 2022 Costs of olher tradlng activitles - Shop costs 2.133 112 2,245 9. Expenditure on charitable activities by fund type Unrestricted Funds Restricted Total Funds Funds 2023 All aclivities Support costs 27,832 1,300 255,399 283,231 1,300 29,132 255,399 284,531 Unrestricted Funds Restricted Funds Total Funds 2022 All activities 428 268.885 1,250 269,312 1,250 Support costs 428 270,135 270.562 10. Nèt {expenditure)lincome Net (expenditure)/income is stated after chargingl(crediting}= 2023 2022

Depreciation af tangible fi'xed assets 52,487 51,898

1. Independent examination fees 2023 2022 Fees payable to the independent examiner for.. Independent examinalion of the financial statements 1,300 1,250 The independenl gxamination fees are a donaled SO￿lC9.
2. Staff costs The total stsff costs and employee benefits for the reporting period are analysed as follows.. 2023 2022 Wages and salaries Social security costs Employer contributions to pension plans 122,299 612 1,416 111.253 1,657 1.498 124,327 114,408 The average head count of employees during the year was 17 12022.. 23 ). The average number of full-time equivalent employees durlng the year Is analysed as follows,, 2023 2022 No. No. M8nagement Youth workers No employee received employee benefits of more than £60,000 during the year (2022: Nil). Key Management Personnel The trustees are considered to be the key management personnel and they have received no remuneration or other benefits for the services provided to the charity.
3. Trustee remuneration and expenses No remuneration or other benefits from employment wilh the charity or a related entity were received by the trustees.

4. Tangible fixed assets Short leasehold property Cost At 1 Apr 2022 and 31 Mar 2023 787,300 Depreciation At 1 Apr 2022 Charge for the year 102,255 52,487 At 31 Mar 2023 154,742 Carrying amount At 31 Mar 2023 632,558 At 31 Mar 2022 685,045

5. Debtors 2023 2022 other debtors 13,821

6. Credltors: amounts falllng due wlthln one year 2023 2022 Accruals and deferred income 3,000 Social security and other iaxes Other creditors 1,481 13.820 1,481 16,820
7. Pensions and other post rotirament benefits Defined contribution plans The amount recognised in income or expenditure as an expense in relation lo defi'ned contribution plans was £ 1,416 {2022: £ 1,498).
8. Analysis of charitable funds Unrestricted funds At 31 Mar 2023 Al 1 Apr 2022 Income Expenditure Transfers General funds 84,473 21,560 (30,607) 75,426 At31 Mar 2022 Al 1 Apr 2021 Incom8 Expenditure Transfers General funds 50.215 36,819 (2,561) 84,473 Restricted funds At 1 Apr 2022 Income Expenditure Transfers At 31 Mar 2023 Parent and toddler group capilal fund Overheads fund COVID Safe Return COVID Packs Fund 10,000 10,000 99,101 (99,101) BCC Covid Grant Youth JustlGe Agency fund Building refurbishment Summer programme EA Summer Funding Mental Health Support Fund CHAMPS 677,726 (51,733) (4,050) 625,993 4,050 8,675 (7,710) (1,000) 965 Summer expenses 1,000

EA inclusion WIP 26,638 (26,638) TBUC Summer Hours Ledley Hall Development fund Rural Community Network BCC Kitchen Equiptment Awards for all 7,471 (7,471) 9,460 25,543 172 (1,615) {25,5431 (2.3501 {16,4331 (4,2101 (2,0001 (2.7001 (4,8411 7,845 Planned Intervention MIS training ￿nd Jobstart 2,178 16,433 4,210 2,000 2,700 4,841 Youthlink Sported Tl Refund New York Girls Group 698,579 203,619 (257,3951 644,803 Al 1 Apr 2021 Income Expendllure Transfers At 31 Mar 2022 Parent and toddler group capilal fund Overheads fund COVID Safe Return COVID Packs Fund BCC Covid Grant Youth Justice Agency fund Building refurbishment Summer programme EA Summer Funding Mental Health Support Fund CHAMPS Summer expenses EA inclusion WIP 10,000 10,000 104,088 3,746 1,125 3,210 (104,088 (2.0691 {1,1251 (3,2101 {1,306 (51,898 (15,107 (6,4471 {3,250 {600 (600 (24.776 (1,6771 1,306 705,617 24,007 15,107 6,447 3,250 677,726 9,275 8,675 600 24,776 TBUC Summer Hours Ledley 8,458 3,704 <8,458 {3.704 Development fund Rural Community Network BCC Kitchen Equiptment Awards for all 1844) 1833) 844 833 Planned Intervention 10,335 35.452 {10,335 (33,274 MIS training fund Jobstart 2.178 Youthlink Sported Tl Refund New York Girls Group 724,521 244,305 (270,247 698,579

The parerbt and toddler group capital expenditure fund has been provided by Clan Mor Sure Start as a contribution to the cost of renovating the outside play area. The overheads fund is an annual grant provided by the Education Authority as a contribution towards the recurring costs, including staff costs, associated with the general running costs of the youth ￿ntre. Covid Safe Return - Funding was sourced to cover additional safety measures and PPE for staff and young people that allowed the youth centre to continue operations whilst having to mitigate against COVID 19 transmission. CQVID Packs Fund - Funding was sc)urced to provide our members with learning resources and engagemenl lools that could be used during periods of lockdowns and isolation and increase engagements online throughout Ihat period. BCC Covid Grant - Funding was sourced to incréase PPE, signagé, and equipmènt to hélp mitigaté against COVID 19 transmission. The Youth Justice Agency intervention fund was an early intervention funding programme that allowed the youth cenlre to engage with a group of young girls who had been involved in several at-risk behaviours and anti-social disturbances in the area. Building refurt)i5hment was funding by the Department of Educalion as part of the recently completed capital build refurbishment of the centre. The extended provision funding from the Education Authority 211ows the centre to target at risk groups on an outreach detached basis. It also provides the centre with staffing and resources to enable extended opening hours including late nights on Fridays and an extra night on Sunday evenings, as well as a range a of diversionary and residential opportunities for disengaged and at-risk youth from the wider Clonard Area. Summer Programme CP is money provided from Clonard Partnership that allowed the extension of the summer provision for an extra week. EA Summer Funding - Funding sourced from the education aulhorily to provide a number of young people with dlversionary 8Ctivities over the sumrner period, it also allowed for the youth centre to pay for 10 members of staff to gain accredited youth work qualifications over the summer period and improve employability opportunities. Halifax Community Fund was awarded to the centre to provide a range of personal development and r8sid8ntial opportunltles, It allowed the centre to provlde addltional programmes for our members that we would not normally have had the opportunity to avail off without this funding. Mental Health Support Fund - Funding sourced from that allowed the youth centre to provide our members with additional resources and aclivities aimed al improving Mental heallh amongst young people coming out of sustained lockdowns. CHAMPS Fundraising was the efforts of the young people taking part in CHAMPS that raised the complete funds needed to pay for the trip to Paris that is done every year as part of the programme, Summer Exp was additional money for staffing salaries to run additional activities over the summer, the fund was provided by Education Authority and administered by Holy Trinity Youth Centre.

The inclusion funding from Ihe Belfast region Education Authority wa5 sourced to deliver a programme looking at Belfast and what it has to offer young people. it was designed to allow young people who are new to the city and réside here after seeking refuge from war. The programme allowed young people to leam about their new home city as well as learn new photography and editing techniqLJes. TBUC Summer Hours Ledley Hall - CMYC took part in a TBUC Summer Programme with Ledley Hall, who as lead partner received funding from EA to deliver the programme. The funding provided for staff from CMYC to assist in the delivery of the camp. CMYC paid all staff involved from the youth centre invoiced Ledley Hall to recoup the costs. BCC Sports Development Fund - Funding was sourced to pay for room hire that could be used for the duration of the building réfurbishmént whén we would havè no 2CCèSS to the building at all. The funding allowéd for thé costs in room hire in a local community centra but would not be spant until the following financial yaar. Rural Communities Network works with rural communities to address issues relating to poverty, inequality, community and good relations and strives to develop the capacity and skills of groups to articulate their voice at a policy influence level. This deficit is expected lo be addressed in the coming year. BCC Kitchen Equipment spending relates to a scheme ran by Belfast City Council. Expenditure was incurred in this year, but funding will be received next year. hence the deficit here. The Pl8nned Interventlons Programme funds community aclivity to divert young people from anti-social behaviour and to deal with heightened tension around interfaces. This deficit will be addressed with further fundraising efforls in the coming year. MIS Training Fund - EA provlded voluniary units funding to purchase IT equlpment and purchase an online information management system that each unit could use. Jobstart - Job starts funding came from Department for Communities, it was an initiative lo employ Iwo young people for 9 months who were not in education, employment, or training. The funding enabled us to employ Iwo young people ageé 20 to work with young people arouné tech skllls such as using Ipads. Macbooks and 3D printers. Youthlink - Youthlink provided funding to run a cross community good r818tions programme between young people from Clonard and young people from Mountcollyer. Sported Sported cost of living grant was re￿iVed to offset the lose we were taking due to not charging members in from October to April, we stopped charging young people in due to the rising cost of living. Tl Refund Tl refund was a refund from the bus company Travel Ireland due lo a trip we had booked with Ihem falling through. New York Girls Group - New York Girls Group was funding that the group raised to carry out an international visit to New York exploring Irish American History and the impact of immigration.

1. Analysis of net assets between funds Unrestricted Funds Restricted Funds Total Funds 2023 Tangible fixed assets Current asseis 9,043 66,383 623,515 22,769 11,4B1) 632.558 89,152 (1,481) Creditors less than 1 year Net assèts 75,426 644.803 720,229 Unrestrict&d Funds Restrict&d Funds Total Funds 2022 Tangible fixed assets Current assets 9.797 77,676 13,000} 675.248 37,151 (13,820} 685,045 114,827 (16.820) Creditors less than 1 year Net assels 84,473 698,579 783,052
2. Relatèd partlés Clonard Monastery Youth Centre recelves a rent free lease from The Monastery ,

This document was delivered using electronic communications and authenticated in accordance with the registrar's rules relating to electronic fonn, authentication and manner of delivery under section 1072 of the Companies Act 2006.