CHARtrY NO . 100319 Dungannon Youth Resource Centre Accounts for the year ended 31 March 2023 Brian Robinson Accountancy Ltd Chartered Accountant 30 Main Street Casilecaulfield Dungannon Co Tyrone BT70 3NP
Diingannon Youth Resoiir¢e CeDtre Colltents Page Accountants, report Income and expenditure accounts Stateinent of Assets and Liabilities Notes to tlie accounts
Dullganllon Youth Resource Centre Accountants, Report on the Unaudited Accoullts to Dungannon Youth Resource Centrc As described on page 3 you have approved the account8 for thc year ended 31 March 2023 sct out on pages 2 to 5. In accordance with your instructions we have compiled these unaudited accounts froin the accounting records and infonnation and explanations supplied to us. Brian Robinson Accountancy Ltd Chartered Accountant 30 Main Street Castlecaulfield Dungannon BT70 3NP 3 July 2023 Page I
Dungannon Yoiith Resource Centre Illconie expendAture account for the year ended 31 Mareh 2023 2023 2022 Income Education Authority Grants Fundraising & donations Events & shop income Rental Income & Room Hire Department for Coirnnunities Grants Youth Work Alliance Grants Otlier GrarAt Income 155,877 180 2,720 2,958 159,457 850 1,819 1,170 19,867 23,303 3,520 3,300 188,558 186,463 Expenses Carelakcr & clerical wages Yoiilhworkers wagcs Insurance Light, Heat & Water Repairs, consumables & equipment Stationery & computer costs Telephon¢ & internet Events, Outings & Travel costs PayToII fees Accountancy Bank charges & interest Sundry expenses Amorti8ation on leasehold improvements Capital grant amortisation Depreciation on FF & Fquipment 25,796 112,504 4,775 7,612 2,140 665 1,438 23,352 600 750 132 292 14,534 {21,571) 7,349 27,538 106,693 3,130 8,362 2,993 878 1,114 34,950 600 750 436 589 14,534 (14,848) 729 (180,368) (188,448) Net Surplu81(Defl¢lt) 8,190 (1,985) Page 2
Dullgllnnon Youth Resoiircc Centre Statement of Assets lllld Llablllties (All Funds Unrestrlcted) as at 31 March 2023 2023 2022 Notes rilxed assets Tangible asscts 211,147 223,430 Current assets Debtors Cash at bank and in hand 1,082 46,856 2.675 51,668 47,938 54,343 Current liAbilitles (note 4) Other creditors Accruals 15,000 3,657 3,750 3,750 18,657 Net current asset8 44,188 35,686 Total assets less current IiAbilities 255,335 259,116 Long-term liabilities {210,352) {222,323) Net flssets 44,983 36,793 Caplt&l aecount Brought forward at l April 2022 Surplusl(Deficit) for the year 36.793 8,190 38,778 (1,985) 44,983 36,793 We approve these fll]ancial statements and confm that we have made available all relevant records and inforniation relating to the income and expenditure of the charity for the year ended 31 March 2023, Approved and signed on behalf of the committee by: Jlm McQuaid Chairpcrson Aldeen Mallon Treasurer Date: 3rd July 2023 Page 3
Dungannon Yoiitli Resoiiree Centre Notes to the a¢eouiits for the year ellded 3 1 March 2023 Accounting policies 1.1. Accounting convention The accounts are prepared under tlic historical cost conventioii modified when neSsarY to include the revaluation of cerlain fed assets. 1.2. Income Income repTescnts grants rcceivcd from various funding bodies, rental income received and otlier Lnonies rcccived from cvcnts and schemes wliich havc talcen place during the year. 1.3. Tanglble fixed assets &nd depreclv4tlon Depreciation is provided at rates calculated to write off the cost oi valuation less residual value of each asset over its expected us¢ful life, as follows: Leaschold improvements Fixtures, fittings and equipinent Straight Line over twenty five years 25 0/0 RUcIng Balance 1.4. Govermellt Grantg Revenue antS are credited to income in the year in which they are received. Capital grants are accounted for in the year in which they are sanctioiied or when the qualifying cxpenditiire was incurred whichever is tlie later. Capital grAnt8 are amortised over the expected useful life of the fix a&sets to which tlicy relate. Tanglble Assets LeAsebold Improvements Equlpment Total Cost At l Apiil 2022 Additions 363,356 59,115 9,600 422,471 9,600 At 31 March 2023 363,356 68,715 432,071 Depreclatlon At l April 2022 Charge for the year 159,723 14,534 39,318 7,349 199,041 21,883 At 31 MaTch 2023 174,257 46,667 220,924 Net book values At 31 March 2023 189,099 22,048 211,147 At 31 March 2022 203,633 19,797 223,430 Page 4
Dllngannon Youth Resource Centre Notes to tlie accoiints for the year ended 31 Mai'ch 2023 Debtors 2023 2022 PrCpaynnts and debtors 1,082 2,675 Current liubllitles 2023 2022 Other creditors Accruals 15,000 3,657 3,750 3,750 18,657 Long-term IIAbllltles 2023 2022 Capital Grallt8 210,352 222,323 Page 5