COMPANY REGISTRATION NUMBER: Nt062692
CHARITY REGISTRATION NUMBER: NIC100228
Clonard Monastery Youth Centre
Company Limlted by Guarantee
Unaudited Financial Statements
31 March 2024
VEL
Chartered accountants
22 Graat Victoria Street
Belfast
BT2 7BA

Clonard Monastery Youth Centre
Company Llmlted by Guarantee
Flnanclal Stalements
Year ended 31 March 2024
Page
Trustees, annual report (incorporating the director's report)
Independent examinerfs report to the trustees
Statement of financial activrfties (including income and
expenditure account)
Statement of financial Posilion
Notes to the financial statements

Clonard Monastery Youth Centre
Company Llmlted by Guarantee
Truslees, Annual Report (Incorporatlng the Dlrector's Report)
Year ended 31 March 2024
The Irustees, who are also the directors for the purposes of company law, present their report and the
unaudited financRI statements of the charity for the year ended 31 MaTch 2024.
Reference ond admlnlstratlve detalls
Reglstered ¢hartty name
Glonard Monastery Youth Cantre
Charfty reglstrallon number
Company reglslratlon number N1062692
Prfnclpal offlce and reglstsred Clonard Monastery
offl¢e
1A Ck)naTd Gardens
Bèllast
BT13 2RL
NIG100228
The trustees
Mrs Geraldine Stinton
Mr Patrick Murphy
Mr Brendan Dineen
Mr Paul Shgvlin
Mr Christopher M¢Closkey
MTS Rila Burke
Rov Peter Bums
Mr Piarais Mccaffery
Mr Bary Fogan
Mr John Leo McGurk
Rev Brendan Kelly
(Resignod 16 January 2024)
{Resigned 1 August 2023)
{Appointed 1 Augusl 2023)
IAppoint8d 1 August 2023)
(Appointed 1 August 2023)
Independent examlner
Mr Kieran Mccaughey FCCA
22 Great Victoria Street
Belfast
BT2 78A
Structure. governance and man8gemenl
The Charity is a charitabl8 company limiled by guarantee and was incorporated on 17th January 2007.
It is governed by a memorandum and articles of association.
Due lo the nature of the charity trustees are appointed on Ihe basis ol th8ir expertise. We specifically
look lor trustees who have proven expertise in youth issuès and current legislation related to young
people.
The Board is reviewed annually io ensure that the appropriate mlx ol skills is maintained and to identify
if any further skills are required lo ensurè the company locuses on ils core work.

Clonard Monastery Youth Centre
Company Llmlted by Guarantee
Trustees, Annual Report (Incorporatlng the Dlrectorfs Report) (conllnu8dJ
Year ended 31 March 2024
Structurei govemanee and managemenl (conllnu•dJ
Tralnlng
TIu5tees are already familiar wllh the practical work ol Ihe charity and are invited to attend charitabl8
mernbership awareness events and govemance training arKI seminars.
Now trustees are required to participate in govèrnance training or9anis8d annually.
Objectlves and acllvllles
Prlnclp81 acllvlty and buslness rev19W
The principal activity of the Charity is to support young F￿0p[e to realise their full potential and become
activo citizens in soctety, through theÉr participation in. and association with. goals and principles Ihat
are educative, participalive, enabling and promote equality of opportunity and social inclusion.
The directors are satisfied v￿h the project to da16 and the results arè in line with oxpecktions.
Mlsglon statemenl
Clonard Monastery Youlh Cenire supports young people to realise their full potsntial and become
active citizens in society, through their participation in. arKI association with goals and principles that
are educatiV8, pwticipative. enabling and promote eqUa￿ty of opportunity and social inclusion.

Clonard Monastsry Youth Centre
Company Llmlted by Guarantee
Trustees, Annual Report (Incorporatlng the Dlrector's Report) (conNnu•d)
Year ended 31 March 2024
Obje￿IVeS and a¢tlvllles f¢onth￿)
Oblectlves and acllvltles
Our programmes are based on The Model for Effective Practice (Youth Work Curriculum for Northern
Ireland} and include:
Plan and facilitate a programme and employ staff to meet the criteria set by OFMIDFM, to 'increase
access to mainslream youth services in disadvantag6d aroas, to support SP8cifi¢ targeting of those
who may be at greater r6sk of soclal exclusion, materialisalion or isolation because they experience a
combination of bariiers to leaming.
Drop-ln facilities for members each weekday evening Irom 19:LIO to 22.00. induding snooker. pool.
lootball & other entertainm8nt
Youth Projects 5ubj8ct to successful funding applicalions. whieh are agg and abilty specif￿.
Training for young people aged 15 ptus.
Communty Relalions Projects wth a range ol partners. induding Ledley Hall Boys and Girfs Club.
Mounlcollyer Youth Centre. YMCA. and Clonard Residents
Summer programme
Make facilities available tor Irish Dance, and lootball training io local community groups
Out-door residential experiences:
InternatÈonal Experioncos.
In association with Clan Mor Sure Start we offer training facililies for young parents and wovide Crèche
for them for the year they are with us, and:
We offer issue-based programmes in associallon with a range of partn8rships and external groups.
Publ1¢ benefll
Clonard Monastsry Youth Centre has striv8d to promots the benefit of children and young people in the
Clonard area. through a range of dèvelopmental and educalional programmes throughout the year.
Over the course of the year we provided young peopl6 y￿th opportunities to develop emolionatly.
physrcally and spiritually a5 well as providlng y04Jng people with the opporiuntty to tako part
inieffnaiional trips and vlow Iho workl in a wider conlexl. All programmes and s8Nices olfered in tho
youth conlre have promoted capacty buikling and encouraged growih and greater self-esteem and
leadership skills in young people.

Clonard Monastery Youth Centre
Company Llmlted by Guarantee
Trustees, Annual Report (Incorporatlng the Dlrector's Report) (conNnueO)
Year ended 31 March 2024
Straleglc report
The following sections lor achievements and performance and linanciai review form the strategic
report of the Charity-
Achlevements and partomiance
In the past year we inoraased our attendances and mgmbership numbers as young people availed of
the brand new facilities after refU￿lShment.
We were able to pian and organise 2 international learning experiences which will lake place in the
coming year.
We also developed a junior and senior youth lorum within the youth ￿ntre who spearheaded some
lantastic Work within the youth cgntre and allowed us to grow from strength to strength.
Our dotached workers continuéd to engage with yourvj people in and around the CFonard and
Springfield Road areas and provided young pe0F￿8 with much needed support and guidanc
throughout the year.
Programmes wlth Youth Justice Agency to help raise awareness of tssues of anti-social bohaviour.
Flnanclal revlew
Fundlng is sourced from the following..
Contributions from members
Grant from Educaiion Authorty
Other grants received following *ication by staff for funding.

Clonard Monastery Youth Centre
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Dlrector's Report) (¢ontlnuedJ
Year ended 31 March 2024
Flnanclal revlew f4*nlinued)
Reserves pollcy
The Irusl6es have examined Ihe chariws requirnm8ftts for rèserves in light ol ihe maln risks to the
organisation. li has established a policy whoreby Iho unrestricted funds not committed or invested in
tangible fixed assets held by the charity should be one year's expendilure. Tho charity has budg8ted
expendilure in 2024125 ot £150.000 inclusive of ihe stalf and premises costs that are met Irom
reslricled funding and ihe trustees wsll target to have reserves of £150.000.
Ttp reseNes are noeded io meet the worklng capitsl requirements DI the Charity and the trustees are
conlKJeni Ihal ai this lovel of lunding Ihey M7uld be able lo continue the CLtrrenl activilps ol the charity
in the event of a signili¢anl drop In funding. The present level ot unrestricled reseryes of £67.418 is
significanlty short of the target level. Alihough the stralegy is to continue lo build reseNes. the trustees
ar6 wall aware that tt is unlikeFy that the target can be reached for at leasl five years. In the short ter
the Iruslees have also considered Ihe extent lo which exisling activities and expendituro could be
curtailed. should suoh circumstances arise.
Plans lor future years
The charity plans continuing the activities outlined above in future years.
Sfflall company provlslons
This report has be8n prepared in accordance wtth the provtsions applicable lo companies entilled lo
the small companies exemption.
Thg Imsl8es' annual reporl arHI Ihe strategic report wero aFvroved on 6 December 2024 arKf s￿ned
on bthalf of the board ol trusle¢s by..
Mrs Geraldine Slinton
Truslee
Mr Brendan Dineen
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 2024
I report to the trustees on my examination of the financial statements of Clonard Monastery Youth
Centre (Yhe charity) for the year ended 31 March 2024.
Responslbllltles and basls of report
As the trustees of the company (and also tts 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 2006 ('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 the accounts of the company are not requlred 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 charitys financial statements as carried out under section 65 of the 2008 Act. In carryÉng 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 examlnevs statement
I have completed my examination. I confirm that no matters have come to my attenlion in connection
with my examination giving me cause to believe that in any material respect:
accounting records were not kept in respect of the charity as required by section 386 of the
2006 Act: or
the financial statements do not accord with those records. or
the financial statements do not comply vbith the accounting requirements of section 396 of
the 2006 Act other than any requirement that the accounts give a 'true and fairf view which is
not a matter considered as part of an independent examination; or
the financial statements 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 Reputlic of Ireland (FRS 102).
I confirm that Ihere 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 Vlctoria Street
Belfast
BT2 78A
16 December 2024

Clonard Monastery Youth Centre
Company Llmlted by Guarantee
Statement of Flnancial Activitles
(Includlng Income and expendilure account)
Year ended 31 March 2024
2024
Unreslricled Restricted
lunds
funds Total lunds Total funds
2023
Note
Income and endowments
Donations and legacies
Charitable activities
Oihei Irading aclivities
Total Income
5,122
7,031
17.087
4,185
137.748
9,307
144,778
17.087
6,688
200,562
17.929
29.240
141.933
171,172
225.179
Expendlture
Expenditure on raising fvnds=
Cosls of other Irarfing a¢liwlies
Expendslure on charitable activities
Total expendlture
1,084
26.796
1,084
216.966
3.471
284.531
190,171
127.880) 1190,1711 {218.050) (288.002)
Net expendlture and nel movement In
funds
1,360
(48,2381
146,878)
162.823)
Reconciliatlon ol lunds
Total funds brought forward
Total funds carrled foNard
75.426
76.786
644,803
596.565
720.229
783.052
720.229
673,351
Th6 statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notgs on page¥ 9 10 21 lomi part of thosg flnancial $laternenl$.

Clonard Monastery Youth Centre
Company Llmlted by Guarantee
Slatement of Flnancial Posltlon
31 March 2024
2024
2023
Note
Flxed assets
Tangible fixed assgts
14
580.071
632.558
Current asgelg
Debtors
Cash al bank and in hand
15
61
93.219
89.152
93,280
89.152
Credllors: amounts lalllng due wllhln one year
Nel ¢urrenl ass￿$
16
1.481
93,280
673,351
87,671
720.229
Total assels less curront Ilabllftles
Funds ol the charlty
Restricted funds
Unrestricted funds
596.565
76.786
644.803
75.426
Total charlty tunds
18
673.351
720.229
For the year 8nding 31 March 2024 the charity was entitled to exemplion from audit under section 477
ol the Companies Act 2006 relating lo small companies.
Diroclors, responsibilities:
The m9mbors hav9 not required the company to obtain an aurfit of its linancial statèments for the
year in question in accordance with seclion 476:
The directors a¢kno￿edg6 Iheir responsibilities for complying with ihe requirements of the Act
with respect to accounling records and the preparation of financial statements.
These financial staloments have been prepared in accordance wilh the provisions applicable to
companios subject to the small companies. regime.
Thèse financial statemeTJtS Ware approved by the board ol trust8es and authorised for issu8 on 6
December 2024. and are signed on behalf of Ihe board by:
eic
Mrs Geraldine Stinton
Trustee
Mr Brendan Dineen
Trustee
Tho notes on pag85 9 to 21 fomi part ol thege Ilnanclal stalements.

Clonard Monastery Youth Centre
Company Llmlted by Guarantee
Notes lo the Flnanclal Statements
Year ended 31 March 2024
General Informatlon
The charity is a public benefit entity and a privale company limited by guarantee, registered in
Northern Ireland and a registered charity in Northern Ireland. The address of the registered officè
is Clonard Monastery, 1A Clonard Gardens, Belfast, BT13 2RL.
Stalemenl of compllance
These financial statements ha￿ boen prepared in compliance wtth FRS 102. The Financial
Rewrting Standard applicable in the UK and Ihe Rgpublic of Ireland. the Slatemenl of
Recommended Practice applicable to charities preparing their accounts in ac¢ordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities
SORP (FRS 102)) and the Companies Act 2006.
Accounllng pollcles
Basls ol preparallon
The financial siatements have been prepared on the historical cost basls, as m(KJrfied by the
revaluation of certain financial assets and liabilitios and invoslment properties measured at fair
value through income or expgndilure.
The financial stalements are prepared in sterling, which is the fur¢tional ourrency of the entity.
Golng concern
There are no material uncertainties about th6 chadtys abllity to continuo.
Judgements and koy sources of esllmatlon uncertalnty
The preparation of the financial statements requires management to make judgemènts,
estirnales and assumwions that affect the amounts reported. These estimates and judgem6nts
are continually reviewed and are based on experience and other factors. including expectations of
future evonts that are believed to be reasonable under the Circumsts￿$S.
Signilicant judgemenls
There are no judgements (apart from those involving eslimalion$) Ihat management has made in
the procass of applying the entitys accounting policies that have any 5ignilicant effect on the
amounts recognised in the financial slatements.
Key sources of estimation uncertatnty
Accounting estimates and assumptions arè made con¢eTning thè future artd, by th8ir nature. will
rarely equal the related actual outcome. Ther8 are no key assumptions and other sources of
estimation uncertainty that have a signiftcant risk of causing a material adjustment to the carrying
amounts ol assets and liabilitles within th8 next financial year.
The preparation of ihe financial statements requires management to make judgements.
estimates and assumptions Ihat affect the amounts reported. These estimates and judgements
are continually reviewed and are based on experience and other factors, including exp8ctations ol
future evenls that ar8 bgliev8d to be reasonable under the circumslances.

Clonard Monastery Youth Centre
Company Llmlted by Guarantee
Notes to Ihe Flnanclal Statements (¢onllnwdJ
Year ended 31 March 2024
Accounllng pollcles (confthuodj
Judgements and key gources of egumallon uncertalnty (CortInu￿)
Fund accountlng
Unrestricted funds are availablg IOT use at the discrolton of the trusiee$ to further any of the
charivs purposes.
Dèstgnatsd funds are unrestricted funds eamarked by the trustees for parbcular firture project or
commltmenl.
ReslriGted funds are subjected to restriclions on their expenditure declared by the donor or
through the terms of an appeal. and fall into one of two sub-classes.. restricted income funds or
endowm9nt funds.
Incomlng resourcos
All Incoming resources are included in the statement of financial a¢livities when entitlement has
passed to the charity. it is probable that the economic benefits associated with the transaclion will
Ilow to the charity and the amount can be reliabty measured. The following specific polrcies are
applied to parlicuiar categories of income".
income from donations or grants is recognised when there is evidence of entitlement to th
gift, re¢alpt is probable and its amount can bo measured reliably.
legacy income is recognised whtn reGeipt is probable and entitlement is eslablished.
income from donated goods is measured at Ihe fair value of the goods unless this is
impracticd to measure reliabty, in which case tho value is derived from the cost to the donor
or the estimaled resale value. Donated facilities and servrces are recognrsed in the accounts
when receNed If tho valu8 can be reliably measurod. No amounts are included for the
contribution of general volunteers.
income Irom contracts for Ihe supply of services is recognis8d with the delivery of the
contracted seNice. This is classified as unrestricted funds unless there is a contractual
requirèment for it to be spent on a partrcular purpose aTKI returned if unspent. in which case
it may be regarded as restricted.
10-

Clonard Monastery Youth Centre
Company Llmlted by Guarantee
Notes to the Flnanclal Statements {￿ntInued)
Year ended 31 March 2024
Ac¢ountlng pollcle$ (conllnu8d)
Resources expended
Expenditure is recognised on an accruals basi$ as a liability is Incurred. Expenditure includes any
VAT wh￿h cannot be fully recovered. and is classified under headings of the statement of
financial actlvitios to which it relates..
expendilure on raising hjnds includes the cosls of all lundraising activitie5. events, non-
charitable trading actiwties, and the sale of dorkiled goods.
expenditure on Charitable acliviues includes all costs incurred by a charity in undertaking
activilios that further its ¢harilab16 ams for the beneftt of ils beneliciaries, Including those
support costs and costs relating to the governance of the charity apportioned to charitable
activities.
other expenditure includ8s all expenditure that is netther related to raising funds for the
charity nor part of tls expenditur8 on charitable actNbkn8s.
All costs are ￿located to expenditure categories reflecling th& use of the resource. Direct costs
attributable to a single activity are allocated diredy to that activity. Shared costs are apportioned
bglween the aclivities they conlribute lo on a reasonable. juslifiable and consistent basis.
Tanglble assets
Tangible assats are initially record&d at cost. and subsequently stated al cost loss any
a¢cumulated deprecialion and impairment lossos. Any tangible assets carii8d at revalued
amounts are record6d at the fair value al thè date of revalualion less any subsequgnt
accumulated depreciation and subsequent accumulated impaimient losses.
An Increase in the carrying amount ot an asset as a result of a rèvaluation. is recogntsed In other
recognised gains and losses. unless il reverses a charge for impaimient that has previously been
recognised as expenditure wtthln the statement of financial aclivilies. A decrèase in Ihe caThying
amount of an asset as a result ol rovalualion. is recognised in other rocognised gains and losses.
exc8PI to which it offsets any prevtous revaluation gain. in which ¢as8 the loss is shown within
other recognised gains and losses on the statement of financial activities.
Depreclatlon
Dèpreciation is calculated so as to wrila off the cost or valuation of an asset, less its residual
value, over th9 useful oconomic life of that asset as lollows:
Short leasehold property
Impairment ol tixed assets
PA straight line
A revigw lor Indicaltsrs of impairmenl15 Carried our at each rèportin# date, ￿th Ihe racov8r&ble
amount boing esdmaled wherg sucb ithdi¢atvrs &xisl. Whore the cartylng exceeds tho
recovèrable am¢)unt. the asset is impaired accordingly. Prior impairments are also reviewed lor
possibie rev8rsal at each reporting date.
11

Clonard Monastery Youth Centre
Company Llmlted by Guarantee
Notss to the Flnanclal Statements (conflnu•dJ
Year ended 31 March 2024
Aecountlng pollcleg (¢onthJuo
Impalmienl ol Ilxed a¥sel$ (eonffnuod)
For the purposes of impairment testing, whèn it is not possible io eslimate the recoverable
amount of an individual asset, an èstimatp Is made of ihe recoverable amount ol the cash-
generating unit to which Ihe assot bolongs. The cash-generating unit is the smallest identifiable
group of assets Ihat includes the asset and geneTates cash inflows that largely indepen(Jent of the
cash inflows Irom other assets or groups of assets.
For impairment tesllng of goodwill, the goodwill acquired in a business combinalion is. from the
acquisition date, allo¢aled to each of the rash-generating units that are oxpected to bonefit from
the synergies of the combinalion. irrosp9clive ol whelh8r other assels or liabilities of the charity
are assigned to those units.
Flnanclal Instruments
A financial asset or a financial liabilty is recogntsed only when ihe charity beoomes a paty to the
contractual provisions of the inslrurnent.
Basic financlal instruments are initially recogniseLI at the amount receivable or payable inclu(fing
any related transa￿[0D cosls.
Current assols and current liatylilies are subsequently m@asur6d ai the wh or other
consideration expected to be paid or received and not discounted.
Debt inslruments are subsequently measured at amorttsed cost.
Wherè investments in shares are publicly traded or their fair value can otherwise be measured
reliably. the investment is subsequently measured at fair value with changes in lair valuo
recognlsed In Incomè and expendilurg. All other suoh investments are subsequently measured at
cost less impairrnent.
Other financial instruments. including derivatives, are initially recognised at fair value, urFIoss
payment for an asset is delerred beyond normal business tèrms or financed at a rate of inlerost
that is not a market rate, in which case thè asset is measured al Ihe present value of the future
payments discountad at a markèt rate of interest for a similar debt inslrument.
Olher linarTrrJal instrumènts arg subsequonly measurtKF ai I￿r value. wilh any changes
r8cognised in the statemenl of financial activities, with the oxception ol hedging instrumenls in a
deslgnated hedging relationship.
Financial assets that are measured al cost or amortised cost ara ￿vieWed for obj8Ctrvp evideTKè
of impairment at the end of each reporting date. It ther8 is oLiective evidence of impairment. an
impairment loss is recognised undér the appropriate heading in Ihe statemenl of financial
activities in which the initial gain was recognisad.
For all equity in51ruments regardless of signrficance, and other linanclal assets that are
individually significanl. thgse are assessed individually lor impairment. Other financial assets are
eilher assess8d individually or grouped on the basis of similar credit risk characteristics.
12.

Clonard Monastery Youth Centre
Company Llmlted by Guarantee
Notes to the Flnanclal Statements [￿nI}nU•d)
Year ended 31 March 2024
Accountlng pollcles {¢onithu•d)
Flnanelal Instruments (cortlnu•dJ
Any reversals of impairment are recognised immediatsly. to the extent that thè reversal does not
result in a carrying amount of the linancial asset that exceeds what the carrying amount would
have been had the impairment not previously been recognised.
Deflned conlrlbuuon plans
Conirfbutions lo delined contribulion plans are reeogntsed as an expense In the period In which
the rblaled servio is provided. Prepaid contribultons aro recognised as an asset to the extent
that the prepayment will lead to a Teductioft in future payments or a cash refund.
When contributrons ar8 r￿t expected to be settled wholty within 12 months of the and of the
reportiry date in which the employees rendèr the related servlce. the fiability is m8asured on a
(fiscourted present value basis. The unwinding of the discount is recognised as an expense in
th8 period in which it arises.
Llmlted by guaranlee
Iv?ry momber vndertakcs to conliiliule to ihe a5sats Df the company in thg event of the company
b61ng wound up while they are a member, or within one year of ¢easing to be a member, for
payment of tha debls and liabilities ol the company contracted before they ceased to be a
member and of the costs, charges and expenses of winding up and for the adjustment of Ihe
rights of the contributorres among themselves, such amount as may be required. not exceeding
£1.
Donallons and legaeles
Unrestricted
Funds
Restrioted Tolal Funds
Funds
2024
Donatlons
Donations
5.122
4,185
9.307
Unrestricted
Funils
Restricted Total Funds
Funds
2023
Donatlons
Donations
3,354
3,333
6.688
13-

Clonard Monastery Youth Centre
Company Llmlted by Guarantee
Notes 10 the Flnancial Statements (conllnii•dJ
Year ended 31 March 2024
Charflable octlvllles
Unrestrtcted
Funds
Reslricled Total Funds
Funds
2024
Holy Trinlty Youth Collegg
Addilional summer activities
Educalion Aulhority
Building Refurb
Cape Town
Work Ready
1.645
5,386
1,645
112.375
6,729
19,329
4.700
144.778
106.990
6,729
19,329
4.700
7,031
137,748
Unreslricled
Funds
Restrlcted Total Funds
Funds
20Zd
Holy Trinty Youlh College
Additional summer activities
Education Authotity
Building Refurt)
Cape Town
Work Ready
2,234
2,030
196,022
2.234
2,030
196.298
277
277
200,286
200.562
Other Iradlng acllvlllgs
Unrostricted Totsl Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Shop income
Club admission fees
Rontal inc0rn9
534
4.067
12,486
17.087
534
4,067
12.486
5.605
2,617
9.707
5.605
2.617
9,707
17,929
17.087
17.929
Costs of other Iradlng acllvltles
Unrestricted
Funds
Aeslricted Total Funds
Funds
2024
Costs of othar Irading aclivities . Shop costs
1.084
1,084
Unrestriet
Funds
Restricted Total Fur￿8
Fund$
2023
Costs of oth8r trading aclivities - Shop costs
1,475
1,996
3,471
14-

Clonard Monastery Youth Centre
Company Llmlted by Guarantee
Notss lo the Flnanclal Statements (eonthiEr•d)
Year ended 31 March 2024
Expendlture on Qharllable actlvltles by fund typ•
Unrastricled Restricted Tolal FurKI$
Funds
Funds
2024
All activities
Support costs
25.296
1,500
26,796
190,171
215.466
1.500
216,966
190.171
Unreslricled
Funds
Restricted Total Funds
Funds
2023
All a¢tivilies
Support ¢osts
27,832
1.300
29,132
255,399
283,231
1,300
255.399
284,531
10. Net expendllure
Net expenditure ts stated after chargil￿{crediting).
2024
2023
Depreciation of tangible fixed assets
52,487
52,487
11. Independenl examlnatlon fees
2024
2023
Fees payable to Ihe independent examiner for:
Independenl examination ol the linanciaf slalements
i.soo
The ind8p&nd8nl 8xaminalion fees are a donated service.
12. Slaff costs
The total staff costs and employee benefils for the reporting perlod are analysed as follows:
2023
Wages and salaries
Social security cosls
Employer Contributions to pension plan$
83.835
122.299
612
1.416
124.327
1.724
85.559
15-

Clonard Monastery Youth Centre
Company Llmlted by Guarantee
Notes to the Flnanclal Statements l¢onllftu•d)
Year ended 31 March 2024
12. Staff costs (conlln(mdJ
Tho average hoad count of employees durlng the year was 13 {2023: 17). The average number
of full-time equivalent employees during the year is analysed as follows-
2024
2023
No.
Management
YoLrth workers
No employee received omployee bénelils of more than £60.000 during the year12023.- Nil).
Key Management Personnel
The trustees are considered to be the key management personnel and they have received no
remuneration or other benefits lor the services provided to the charity.
13. Trustee remuneratlon and expenses
No remuneration or other benefits from employment W7th the charity or a related entity were
received by the trustees.
14. Tanglble Ilxed assets
Short
leasehokl
property
Cosl
At l Apr 2023 and 31 Mar 2024
Depreclatlon
At 1 Apr 2023
Charge forthg ￿r
At 31 Mar 2024
787.300
154.742
52.487
207.229
Carrylng amounl
At 31 Mar 2024
580.071
632,558
At 31 Mar 2023
15. Debtors
2024
2023
Other debtors
61
16-

Clonard Monastery Youlh Centre
Company Llmfted by Guarantee
Notes 10 the Flnanclal Statements (conllnuedl
Year ended 31 March 2024
16. Credllors: amounts lalllng duo wlthln one yeaf
2024
2023
Social security and other taxes
1,481
17. Penglons and other post retlrement beneflls
Deflned contrlbullon plan3
The arnount recognised in income or oxpenditure as an expense in relation to defined
contributton plans was £1,724 (2023: £1,416).
1& Anatysls ol charltable lunds
Unreslrlcled funds
Ai 1 Apr 2023
Incoma Expenditure 31 Mar 2024
General funds
Designated Fund l - desc in alcs
75.426
18.014
11,226
29,240
(27.880)
65.560
11.226
75.426
(27.880)
76.786
At
Income Expenditurè 31 Mar 2023
At 1 Apr 2022
General funds
Designated Fund 1- desc in alcs
84.473
21.560
(30,607}
75.426
84,473
21.560
(30.607)
75.426
17-

Clonard Monastery Youth Centre
Company Llmlted by Guarantee
Notes 10 the Flnanclal Stalements (¢onllnued)
Year ended 31 March 2024
18. Analys1$ of charllable funds (¢ffithyMd)
Reslrlcled funds
At
Income Expenditure 31 Mar 2024
At 1 Apr 2023
Parent and toddler group capital fund
Overheads fund
Building refurbishment
Summor prograrnme
CHAMPS
Summer expenses
EA inclusion WIP
TBUG Sumrner Hours Ledley Hall
Awards for all
Planned Inlgrvention
MIS training furKJ
Jobstart
Yothhlink
Sported
Tl Refund
New Yolk Girls Group
Gape Town
WO￿ Ready
Building Refurt)
10.000
10.000
1.692
574.260
97.111
(95,419)
(51.733)
625.993
965
4,185
5.150
4.652
(4,652)
7.845
(2.382)
(5,227>
5,463
5.227
19,329
4,700
6.729
(19,3291
{4,700J
{6.729)
(190.171)
644.803
141.933
596.565
At
Income Exp8ndilure 31 Mar 2023
At l Apr 2022
Parent and toddler group capital furKI
Overheads fund
Building refurbishment
Summer programme
CHAMPS
Summer expenses
EA inclusion WIP
TBUC Summer Hours Ledley Hall
Awards for all
Planned Interyention
MIS training fund
10.000
10.000
99,101
(99,101)
(51,733)
(4,050)
(7.710)
(1.0001
126.6381
17.4711
{1.615}
(25.543}
12,350}
677.726
625,993
4,050
8.675
1,000
26,638
7,471
9.460
25,543
172
2.178
18-

Clonard Monastery Youth Centre
Company Llmlted by Guarantee
Notes to the Flnanclal Slatements l¢onUnuo(1)
Year ended 31 March 2024
18. Anatysls of charllable funds iconWnu8d)
Jobstart
Youthlink
Sported
Tl Relund
New York Girls Group
Cape Town
Work Ready
Building Refurb
16,433
4.210
2,000
2,71)0
4,841
116,433)
(4,2101
(2.000)
{2.700)
(4.841 J
698.579
203.619
{257.395)
644.803
19.

Clonard Monastery Youth Centre
Company Llmlted by Guarantee
Notes to the Flnanclal Statements (conllnuod)
Year ended 31 March 2024
18. Anatys18 of ¢harltable funds (¢onllnuedJ
The parent and toddler group capital expenditure fund has been provlded by Clan Mor Sure Start
as a contributk)n to the cosl of renovating the outstde play area.
The ovorheads fund is an annual grant provided by the Education Authority as a contribution
towards Ihe recurrlng costs, Including $lafl costs, associated with the general running costs ol Iho
youth centre.
Building rofurbishment was funding by the Department of Edu&*ion as part of the recently
completed capital build rgfurt)ishm8nl of the centre.
Summer Programme CP is money provided from Clonard Partnership that allowed the extension
of the summer provision for an èxtra week.
Awards for all - A grant to support the centre in providing solv￿eS to young people throughout the
winter. The grant enabled us to cover admission costs durlng the cost of living crisis. to provid&
f¢xJd for the young people and various other activities.
GHAMPS Fundraising was the offorts ol the young people taking part in CHAMPS that raised the
complele funds needed to pay for the trip lo Paris which is done annually as part of the
programm8.
EA Local Projecl - To fund heallh, well-being. learning and achieving programmes. The fnding
was also used provide young people tho Op￿rtunIty to gain OCN quaiifications in Youlh Work
and Personai Relationships.
TBUC Summer Hours Ledley Hall - CMYC took part in a TBUC Summer Programme with Ledley
Hall. who as lead partner received fu￿ling from EA to deliver the programme. The funding
enabled the staff from CMYC lo assisl in lh8 d8ltvery of lh6 camp. CMYC paid all staff involved
from the youth centre which was invoiced to L￿leY Hall to recoup the costs.
The Planned Interventions Programme funds ¢ommunity activity to divert young peopl& from anti-
social behaviour and to deal with heightened iension around interfaces. This delicit will bg
addressed with further fundraisiw efforts in tho coming year.
MIS Training Fund - EA promded voluntary units funding to purchase IT equipment and purchase
an online information managernant system that each unit could use.
Jobstart - Funding from th8 Department tor Communlties which was an iniliative to ernploy
young people (aged 20) for 9 months who were not in education, employment, or Iraining to assist
young people with lech skills such as using Ipads, Macbooks and 3D printers.
Youthlink - Youthlink provided lunding to run a cross Community good relalions programme
belwe6n young pgople from Clonard and young people from Mounlwllyer.
Sported - Sported cost of living grant was received to offset the lose we were taking due to not
charging members in from October lo April, we stopped charging young people in due to Ihe
rising cost of living.
Tl Relund - Tl refund was a refund from the bus company Travel Ireland due to a trip we had
booked wFih Ih8m falling through.
New Yoth Girls Group - New York Girls Group was funding raised to ¢aTry Out an intemational
visit to New York exploring Irish American History and the impact of immigration.
-20-

Clonard Monastery Youth Centre
Company Llmlted by Guarantee
Notes lo the Flnanclal Statements (conllnuod)
Year ended 31 March 2024
18. Analysis of charltabl8 lunds (¢onHnued)
Cape Town Prolect - This was th8 tundraislng effort of young people from Clonard to travel to
Cape Town, South Afrtca lo engag9 in a programme with organisatlons to explore and learn
about themes that are relevant to the liv85 of the young p90pie. These themes included
povetyfinequality. living in divided cities, living wrth history and gender-based violence.
Work Ready Project - To proviye young peopl8 wlh patd volunteering experience which included
supporting slaff to facilitate games. activities and programmes to children from P5-P7. The young
people on tho programme also completed sessions with Springvale staff to devel¢JP CV, job
application and employability skills.
19. Analysls of net assets between lund$
Unrestricted
Funds
Restricted Tolal Funds
Funds
2024
Tangible fixod assets
Current assets
Creditors less than 1 year
Nel assets
8,290
69.472
571.781
23,808
580.071
93.280
77.762
595.589
673.351
Unrestricted
Funds
Restrided Total Fund5
Funds
2023
Tangible fixed assgls
Current assets
Creditors less than 1 year
Net assets
9.043
66.383
623.515
22,769
(1.481)
644,803
632,558
89.152
(1.481 }
720.229
75.426
20. Related partles
Clonard Monastery Youth Gentre recetves a rent free18ase from The Monastèry.
-21.