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← Enagh Youth Forum

2025-03-31-accounts

Charity registration number NIC100603 (Northern Ireland)

ENAGH YOUTH FORUM

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

ENAGH YOUTH FORUM

CONTENTS

Page
Legal and administrative information 1
Statement of trustees' responsibilities 2
Independent examiner's report 3
Statement of financial activities 4
Balance sheet 5

Notes to the financial statements 6 - 13

ENAGH YOUTH FORUM

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees

Ann Gormley (Chair)

Zara Doherty (Treasurer) Aimee Hume (Secretary) Michaela Doherty Dion Coyle Breandan Callaghan Ruairi Boyle Kevin McLaughlin Senior management Paul Hughes Centre manager Charity number (Northern Ireland) NIC100603 Principal address 6-7 Parkmore Drive Strathfoyle Derry BT47 6XA Independent examiner Moore (NI) LLP 21/23 Clarendon Street Derry/Londonderry BT48 7EP Bankers Ulster Bank 29 Clooney Terrace Waterside Londonderry BT47 1AS Solicitors McCartney & Casey 3-4 Castle Gate

ENAGH YOUTH FORUM

Derry

BT48 6HG

STATEMENT OF TRUSTEES' RESPONSIBILITIES

FOR THE YEAR ENDED 31 MARCH 2025

The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in Northern Ireland requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act (Northern Ireland) 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

ENAGH YOUTH FORUM

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF ENAGH YOUTH FORUM

I report on the financial statements of the charity for the year ended 31 March 2025, which are set out on pages 4 to 13.

Respective responsibilities of charity trustees and examiner

As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the Charities Act (Northern Ireland) 2008.

It is my responsibility to:

Basis of independent examiner's report

I have examined your charity financial statements as required under section 65 of the Charities Act (Northern Ireland) 2008 and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also included consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as charity trustees concerning any such matters.

My role is to state whether any material matters have come to my attention giving me cause to believe that:

Independent examiner's statement

I have completed my examination and I have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention.

James Nash FCA Moore (NI) LLP

21/23 Clarendon Street

ENAGH YOUTH FORUM

Derry/Londonderry BT48 7EP 30 January 2026

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2025

Restricted Restricted
funds funds
2025 2024
Notes £ £
Income from:
Donations and legacies 3 8,588 7,873
Charitable activities 4 187,226 204,055
Total income 195,814 211,928
Expenditure on:
Charitable activities 5 192,782 192,917
Total expenditure 192,782 192,917
Net income and movement in funds 3,032 19,011
Reconciliation of funds:
Fund balances at 1 April 2024 57,702 38,691
Fund balances at 31 March 2025 60,734 57,702

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

ENAGH YOUTH FORUM

BALANCE SHEET

AS AT 31 MARCH 2025

2025 2024
Notes £ £ £ £
Fixed assets
Tangible assets 11 6,696 14,781
Current assets
Cash at bank and in hand 56,438 44,721
Creditors: amounts falling due within 12
one year (2,400) (1,800)
Net current assets 54,038 42,921
60,734 57,702
Total assets less current liabilities
The funds of the charity
Restricted income funds 13 60,734 57,702
60,734 57,702

The financial statements were approved by the trustees on 30 January 2026

Ann Ann Gormley (Chair) Gormley (Chair) Zara Zara Doherty (Treasurer) Doherty (Treasurer)

ENAGH YOUTH FORUM

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

Charity information

Enagh Youth Forum is a charitable organisation registered with Charity Commission for Northern Ireland under the charity number 100603. . The charity is located at 6-7 Parkmore Drive, Strathfoyle, Derry, BT47 6XA.

1.1 Basis of preparation

The financial statements have been prepared in accordance with the charity's governing document, the Charities Act (Northern Ireland) 2008, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)". The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with

ENAGH YOUTH FORUM

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

(Continued)

the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1 Accounting policies

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings 25% straight line Computers 25% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

ENAGH YOUTH FORUM

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

(Continued)

1 Accounting policies

1.9 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Income from donations and legacies

Restricted Restricted funds Restricted Restricted funds
funds
2025 2024
£ £
Donations and gifts 8,588 7,873
4 Income from charitable activities
Restricted Restricted funds
funds
2025 2024
£ £
Grant funding 187,226 204,055
4 Income from charitable activities
Analysis of grant funding
2025 2024
£ £
National Lottery Community Fund 166,483 166,483
NIHE Sustaining Tenancies 2,365 23,000

ENAGH YOUTH FORUM

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

NIHE SWAG SPOD
EA Support Grant
Derry City and Strabane District Council
DAERA
RAPID - Faughan Consensual Grant
NIHE Community Involvement
5
Expenditure on charitable activities		 (Continued)
11,239
9,900
2,200
3,602
1,625
1,070
850
-
1,495
-
969
-
187,226
204,055
Charitable Charitable
activities activities
2025 2024
£ £
Direct costs
Staff costs 109,788 100,701
Activities and learning projects 34,725 36,798
Accredited courses and training 6,782 13,646
Venue hire 3,467 4,771
Travel costs 7,264 7,715
162,026 163,631
Share of support and governance costs (see note 6)
Support 30,756 29,286
192,782 192,917
Analysis by fund
Restricted funds 192,782 192,917

ENAGH YOUTH FORUM

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

6 Support costs allocated to activities

6 Support costs allocated to activities
2025 2024
£ £
Depreciation 8,085 8,085
Insurance 1,981 1,845
Repairs and renewals 6,016 634
Telephone 3,063 2,555
Power, heat and light 1,779 1,092
Printing, postage and stationery 1,520 2,607
Rates 3,247 235
Bank charges and interest 259 249
General expenses - 2,772
Governance costs 4,806 9,212
30,756 29,286
Analysed between:
Charitable activities 30,756 29,286
7 Net movement in funds 2025 2024
£ £
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial
statements 2,400 1,800
Depreciation of owned tangible fixed assets 8,085 8,085

8 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

9 Employees

The average monthly number of employees during the year was:

2025 2024
Number Number
6 2
Employment costs 2025 2024

ENAGH YOUTH FORUM

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

£ £
Wages and salaries 109,788 100,701

There were no employees whose annual remuneration was more than £60,000.

10 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

11 Tangible fixed assets

11 Tangible fixed assets
Fixtures and Computers Total
fittings
£ £ £
Cost
At 1 April 2024 67,949 5,400 73,349
At 31 March 2025 67,949 5,400 73,349
Depreciation and impairment
At 1 April 2024 53,168 5,400 58,568
Depreciation charged in the year 8,085 - 8,085
At 31 March 2025 61,253 5,400 66,653
Carrying amount
At 31 March 2025 ~~6,696~~ - 6,696
- 14,781
At 31 March 2024 14,781
12 Creditors: amounts falling due within one year
2025 2024
£ £
Accruals 2,400 1,800

13 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 April Incoming Resources At 31
2024 resources expended March 2025
£ £ £ £
National Lottery Community Fund 57,702 166,483 (163,451) 60,734
NIHE Sustaining Tenancies - 2,365 (2,365) -

ENAGH YOUTH FORUM

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

NIHE SWAG SPOD - 11,239 (11,239) -
EA Support Grant - 2,200 (2,200) -
Derry City and Strabane District Council - 1,625 (1,625) -
DAERA - 850 (850) -
RAPID - Faughan Consensual Grant - 1,495 (1,495) -
NIHE Community Involvement - 969 (969) -
Restricted donations - 8,588 (8,588) -
195,814 (192,782)
57,702 60,734
Previous year: At 1 April Incoming Resources At 31
2023 resources expended March 2024
£ £ £ £
National Lottery Community Fund 38,691 166,483 (147,472) 57,702
NIHE Sustaining Tenancies - 23,000 (23,000) -
NIHE SWAG SPOD - 9,900 (9,900) -
EA Support Grant - 3,602 (3,602) -
Derry City and Strabane District Council - 1,070 (1,070) -
Other restricted donations - 7,873 (7,873) -
211,928 (192,917)
38,691 57,702

14

Restricted
funds
Analysis of net assets between funds 2025
At 31 March 2025: £
Tangible assets 6,696
Current assets/(liabilities) 54,038
60,734

ENAGH YOUTH FORUM

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

14 Analysis of net assets between funds (Continued)
At 31 March 2024:
Restricted
funds
2024
£
Tangible assets 14,781
Current assets/(liabilities) 42,921
57,702

15 Events after the reporting date

There have been no significant events affecting the charity since the reporting date.

16 Related party transactions

There were no disclosable related party transactions during the year (2024 - none).