CHARITY NO . 100319 Dungannon Youth Resource Centre Accounts for the year ended 31 March 2024 Brian Robinson Accountancy Ltd Chartered Accountant 30 Main Street Castlecaulfield Dungannon Co Tyrone BT70 3NP
Dungannon Youth Resource Centre Contents Page Accountants, report Income and expenditure accounts Statement of Assets and Liabilities Notes to the accounts
Dungannon YoutLI Resource Celltre Income and expellditure account for the year ended 31 March 2024 2024 2023 Income Education Authority Grants Fundraising & donations Events & shop income Rental Income & Room Hire Youth Work Alliance Grants UK Youth Funding Radius Housing Funding Oth¢r Grant tncome 121,905 1,953 3,102 6,802 15,682 5,000 4,950 750 155,877 180 2,720 2,958 23.303 3,520 160,144 188,558 Expenses Caretaker & clerical wages Youthworkers wages tnsurance Light, Heat & Water Rcpaiis, consumables & equipment Stationeiy & computer costs Telephone & internet Events. Outings & TTavel costs Payroll fees Accountancy Bank charges & interest Sundry expenses nortisation on leasehold improvements Capital grant amortisation Depreciation on FF & Equipment 20,746 84,929 2,589 8,581 1,810 487 1,267 28,237 600 820 156 445 14,534 (19,812) 5,512 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 (150,901) (180,368) Net Surplusl(Deficit} 9,243 8,190 Page 2
Dungannon Youtb Resource Centre Accountantsl Report on the Unaudited A¢coulltS to DungallDon Youth Resource Centre AS described on page 3 you have approved the accounts for the year ended 31 March 2024 set out on pages 2 to 5. In accordance with your instructions we have compilcd these unaudited accounts from the accounting records and information and explanations supplied to us. Brian Robinson Accountancy Ltd Chartered Accountant 30 Main Sttcet Castlecaulfield Dungannon BT70 3NP 13 December 2024 Pgdge I
Dungannon Youth Resource Centre Statement of Assets and Liabilities (All Fullds Unrestricted) as at 31 March 2024 2024 2023 Notes Fixed assets Tangible assets 191,101 211.147 Current assets Debtors Cash at bank and in hand 20 90,998 1,082 46.856 91.018 47,938 Current liabilities (note 4) Other creditors Accruals 25,500 11,853 3,750 37,353 3,750 Net current assets 53,665 44,188 Total v4ssets less current liabi]ities 244,766 255,335 Long-tenn liabilities (190,540) 54,226 (210,352) Net assets 44,983 Capital account Brouglit forward at l April 2023 Surplus/(Deficit) for the year 44,983 9,243 36,793 8,190 54.226 44,983 We approve these fmancial statements and confm that we have made available all relevant records and infonnation relating to the income and expenditure of the charity for the year ended 31 March 2024. Approved and signed on behalf of the con)mittec by. Jim McQuaid Chairperson Aideen Mallon Treasurer A y¥LL.L Date: 13th December 2024 Page 3
Dungannon Youth Resource Centre Notes to the accounts for the year ended 31 March 2024 Accounting pollcies 1.1. Accounting convention The accounts are prepared under the historical cost convention modified when necessary to include the revaluation of certain fixed assets. 1.2. Income Income reprcsents grants received from various llaing bodies, rental income received and other monies received from events and schemes which have taken place during the year. 1.3. Tangible red assets and depreciation Depreciation is provided at rates calculated to write off the cost or valuation 1&8s residual value of each asset over its expected useful life, as follows: Leasehold improvements Eixturcs, fittings and equipment Straight Line over twenty fEve years 25 % Reducing Balance 1.4. Goverment Grants Revenue grants are credited to income in the year in which they are received. Capital grants are accounted for in the year in which they are sanctioned or when the qualifying expendAture was incurred whichever is the later. Capital grants amortised over the expected useful lif¢ of thc fixed assets to which they relate. Tangible assets Leasehold fimprovements Equipment Total Cost At l April 2023 363,356 68,715 432,071 At 31 March 2024 363,356 68,715 432,071 Depreciation At l April 2023 Charge for the year 174,257 14,534 46,667 5.512 220,924 20,046 At 31 MaTch 2024 188,791 52,179 240,970 Net book values At 31 March 2024 174,565 16,536 191,101 At 31 March 2023 189,099 22,048 211.147 Page 4
Dungannon Youth Resouree Centre Notes to the accounts for the year ended 31 March 2024 Debtors 2024 2023 Prepasllnents alld debtors 20 1,082 Current liabilities 2024 2023 Other creditors Accruals 25,500 11,853 3,750 37,353 3,750 Long-term liabllltles 2024 2023 Capital Grants 190.540 210,352 Page 5