CHARITY NO : 100319
Dungannon Youth Resource Centre
Accounts
for the year ended 31 March 2025
Brian Robinson Accountancy Ltd Chartered Accountant
30 Main Street
Castlecaulfield Dungannen Co Tyrone BT70 3NP
Dungannon Youth Resource Centre
Contents
| Page | |
|---|---|
| Accountants’ report | 1 |
| Income and expenditure accounts | 2 |
| Statement of Assets and Liabilities | 3 |
| Notestotheaccounts | 4-5 |
i
Dungannon Youth Resource Centre
Accountants’ Report on the Unaudited Accounts to Dungannon Youth Resource Centre
As described on page 3 you have approved the accounts for the year ended 31 March 2025 set out on pages 2 to 5. In accordance with your instructions we have compiled these unaudited accounts from the accounting records and information and explanations supplied to us.
Brian Robinson Accountancy Ltd
Chartered Accountant 30 Main Street Castlecaulfield Diuingannon BT70 3NP
19 March 2026
Page |
Dungannon Youth Resource Centre
Income and expenditure account for the year ended 31 March 2025
| 2025 | 2024 | |||
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Income | ||||
| Education Authority Grants | 126,133 | 171,905 | ||
| Fundraising&donauons | 3,480 | 1,953 | ||
| Events& shop income | 7955 | 3,102 | ||
| Rental Income& Room Hire | 4840) | 6,802 | ||
| Youth Work Alliance Grants | - | 15,682 | ||
| Lottery Funding | 8,880 | > | ||
| UK Youth Funding | 15,000 | 5,000 | ||
| Radius Housing Funding | 8,551 | 4,950 | ||
| Other Grant Income | 1,550 | 730 | ||
| ; | ||||
| 171,389 | 160,144 | |||
| Expenses | ||||
| Caretaker & clencal wages | 25,813 | 20,746 | ||
| Youthworkers wages | 77027 | 84,029 | ||
| Insurance | 2,743 | 2,589 | ||
| Light, Heat & Water | 6.724 | B81 | ||
| Repairs, consumables& equipment | 2,197 | 1,810 | ||
| Stationery d& Computer costs | a54 | Ag] | ||
| Telephone & internet | 646 | 1,267 | ||
| Events, Outings&Travel costs | 33,065 | 28,237 | ||
| Payroll fees | 720 | 600 | ||
| Accountancy | 950 | 820 | ||
| Bank charges& interest | 148 | 156 | ||
| Sundry expenses | 729 | 445 | ||
| Amortisation on leasehold improvements | 14,534 | 14,534 | ||
| Capital grant amortisation | (18,493) | (19,812) | ||
| Depreciation on FF& Equipment | 4,134 | Sol2 | ||
| (151,798) | (150,901) | |||
| NetSurplus/(Deficit) | 19,598 | 9.245 |
Page 2
Dungannon Youth Resource Centre
| Statement ofAssets and | Statement ofAssets and | Statement ofAssets and | Liabilities | |||||
|---|---|---|---|---|---|---|---|---|
| (All Funds | Unrestricted) | |||||||
| as at 31 March 2025 | ||||||||
| 2025 | 2024 | |||||||
| Notes | £ | £ | £ | £ | ||||
| Fixed assets | ||||||||
| Tangible assets | z | 172,433 | 191,101 | |||||
| (Current assets | ||||||||
| Debtors | 3 | - | 20 | |||||
| Cush at bank and in | hand | 93,368 | 90,998 | |||||
| 93,368 | 91,018 | |||||||
| Current liabilities (note4) | ||||||||
| Other creditors | 10,120 | 25,500 | ||||||
| Accruals | OS | 11,853 | ||||||
| 19,930 | 37,353 | |||||||
| Net current assets | T3438 | 53.065 | ||||||
| Total assets less current | ||||||||
| liabilities | 245,87 | |||||||
| Long-term liabilities | 5 | (172,047) | (190,540) | |||||
| Net assets | 73,824 | 54,226 | ||||||
| Capilalaccount | ||||||||
| Brought forward at | April 2024 | 54,226 | ||||||
| Surplus/(Deficit) for | the year | 19,598 | 9,243 | |||||
| 73,824 | 54,226 |
We approve these financial statements and confirm that we have made available all relevant records and information relating to the income and expenditure of the charity for the year ended 31 March 2025.
Approved and signed on behalfof the committee by:
----- Start of picture text -----
Jim McQuaid f cin. Wha. ~ Aideen Mallon Aiden,
Chairperson /' Treasurer
Date: 19th March 2026
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----- Start of picture text -----
alley ;
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Page 3
Dungannon Youth Resource Centre Notes to the accounts for the year ended 3] March 2025
1. Accounting policies
Ll. 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 represents grants received from various funding bodies, rental income received and other monies received from events and schemes which have taken place during the year.
1.3. Tangible fixed assets and depreciation
Depreciation is provided at rates calculated to-write off the cost or valuation less residual value of each asset over its expected useful life, as follows:
Leasehold improvements - = Straight Line over twenty live years Fixtures, fittings and equipment 25% Reducing Balance
- 1.4. Goverment Grants
Revenue grants are credited to income in the year in which they are received.
Capital grants ure uccounted for in the year in which they are sanctioned or when the qualifying expenditure was incurred whichever is the later. Capital grants are amortised over the expected useful life of the fixed assets to which they relate.
2. Tangible assets
| Tangible assets | |||
|---|---|---|---|
| Leasehold | |||
| improvements | Equipment | Total | |
| £ | £ | £ | |
| Cost | |||
| Atl April 2024 | 363,456 | 68,715 | 432,071 |
| At3l March 2025 | 363,356 | 68,715 | 432,071 |
| Depreciation | |||
| At! April 2024 | LSS,791 | 32,179 | 240,970 |
| Charge for the year | 14,534 | 4,134 | 18,668 |
| ALS] March 2025 | 203,325 | 56,313 | 259,638 |
| Net book values | |||
| AUS] March 2025 | 160,03 1 | 12,402 | 172,433 |
| AL3]March2024 | 174,305 | 16,536 | LST1OL |
Pave 4
Dungannon Youth Resource Centre Notes to the accounts
for the year ended 31 March 2025
| 4, | Debtors | 2025 | 2024 |
|---|---|---|---|
| re | £ | ||
| Prepayments and debtors | z | 20 | |
| 4. | Current liabilities | 2025 | 2024 |
| £ | £ | ||
| Other creditors | 10,120 | 25,500) | |
| Accruals | 9.810 | 11,853 | |
| 19,930 | 37,353 | ||
| 5. | Long-term liabilities | 2025 | 2()24 |
| £ | £ | ||
| CapitalGrants | 172,047 | 190,540 |
Page 5