Page 2 ALL SAINTS YOUTH CLUB TRUSTEES ANNUAL REPORT YEAR ENDED 31 MARCH 2024 The trustees present their report and financial statements of the charity for the year ended 3 IA March 2024. The trustees have adopted the provisions of the Sialement of Recommended {SORJ))"Accounting and Reporting by Charities" (FRS 102) in preparing the annual rep)rt and financial statemenls of the charity. The financial statements havc bccn prcparcd in accordance with the accounting policies set out in notes to ihe financial slatemenls and comply with the charity's governing document, charity law for Northern Ireland and and applicable accounting standards, Accounting and Reporting by Charities: Statement of Reconunended Practice applicable to charitics preparing their accounts in accordance with thc Financial Reporting Standard dpplicablc in the UK and Republic of Ireland issued in October 2019, the Financial Reponing Standard applicabl¢ in the United Kingdom and Republic of Ireland (FRS 102), the charity's governing document, the Charities Act (Northem Ireland) 2008. Charities Act (Northern Ireland) 2013, The Charities (Accounls and Reports) Regulations (Northern Ireland) 2015 and UK Generally A¢c¢pted Accounting Practice. REFERENCE AND ADMINISTRATIVE DETAILS Reference and adminislrative dctails are shown in the schedule of trustees of the charity and professional advisers on page l of the financial statements. Reglstered chArlty Dame All Saints Youth Club Charlty number NIC 100793 Reglstered Office 2 Cushendall Road Ballymena BT43 6HE The trustees who served during the year were as follows: P McAuley B Keenan J McGarry S Mcmahon Fr M McGinnily B McKee E Ferris Resigned 9 October 2023 Resigned 12 December 2023 PUBLIC BENEFIT STATEMENT The Board of Trustees of the All Sainls Youth Club confirn) that they had due regard for the guidance produced on public benefjt by the Charity Commission for Northern Ireland and are pleased to r¢port that during the year the charity has continued to provide public benefits and we refer to ihe guidance when reviewing our aims and objectives and in planning our fulure activities. OBJECTIVES AND AcfKviTIES The pU￿oSe and charilablc objcctivc of the charity is to pmvide, maintain and promote facilities and activilies of a social, spiritual, ¢ducational and recreational nature with the objective of improving the condilions of life of the children and young people within the locality of All Saints Parish and beyond. without distinction of sex, political, religious or other opinion. Page 3 ALL SAINTS YOUTH CLUB TRUSTEES ANNUAL REPORT{condnuedJ YEAR ENDED 31 MARCH 2024 OBJECTIVES AND ACTIVITIES (contlnued) The direct benefits which flow from this pU￿oSe include an increase in social skills, improvement in emotional well-being, improved positive educational outcomes and increased spiritual development in the lives of local young pcople as well as simply providAng a safe place for the young people. The benefits can b¢ demonstrated through a number of evaluative means including: recordings and observations of staff members, other qualitative data from parents, teachers and community representalives as well as montMy feedback fornis from young people. STRUCTURE, GOVERNAIYCE AND MANAGEMENT Governing document The All Saints Youth Club is a charitable Irust constituled under a trust deed. The charity was ￿giStered with The Charity Commission for Northern Ireland on I Sl October 2014. under reference NIC 100793. Recrultment, appointment, Inductlon And tralning The present trustces have been involved in the charity for a number of years and so ar¢ familiar with its work. The trustees regularly review the requirements of ihe charity and the possibiliiy of a need for additional truslees. Any new trustees would be appointed by resolution of a meeting of all the trustees passed by a majority of those present. Appropriale training and induction is available lo all iru5tees. FinanciAI ri$k management objectlves and tralnlng The trustees have overall responsibility for ensuring that the charity has in place an appropriate system of controls, financial and otherwise, to provide assurance thal., the charity is operating effectively: its assets are safeguarded against unauthorised use or disposition; proper records are maintained and fjnancial information used wiihin the chariiy or for publication is reliable. Ihe charity complies with relevant laws and regulations; and Ihe charity's systems of financial control are designed to provid¢ reasonable, bul nol absolute assurance against material misstatement or loss. The trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity. The trust¢¢s ar¢ satisfied that systems are in place to mitigate any exposure to major risks. ACHIEVEMENTS AND PERFORMANCE Total income for the year was £90,013 (2023: £136,656). Income derived from donations and legacies amounted to £85,933 (2023: £130,924} and other income totalled £4.080 (2023: £5.732). Total expenditure for the year amounted to £92,171 {2023: £134,475). The cosl of charitable activities amounted to £92,171 {2023: £134,475). The net expenditure for the year amounted to £2,158 (2023: n¢t incom¢ of £2,181). Page 4 ALL SAINTS YOUTH CLUB TRUSTEES ANNUAL REPORT (contlnu•d) YEAR ENDED 31 MARCH 2024 ACHIEVEMENTS AND PERFORMANCE fconrfRMedJ In the period April 2023 - March 2024, All Saints Youth Club rcached and achicved all performances dictated by our funding criteria for the yearly outcomes set by funders and th¢ Manag¢m¢nt Committ¢¢. The outreach of the centre to our young pcople during the past year has received widcsprcad gratitude from young people and their parenls alike. The Committee secured funding of £104,536 for 202412025 and £107,124 for 202512026. In response to the reduced EA funding available, the charity decreased staffing levels and hours available for current staff, and reduced expenditure relating to programme and support cosls in line wilh the funds available. This has had the impact of significantly lowering the overall activities offered within the club. This will be kept under review by the Management Committee in partnership with key statT members. It is importanl to highlight that the young people participating have a lead role in designing and shaping the programmes as a way of self-directing their own learning, Many of the programmes highlighted and covered in this report are lo benefit the young people and wider communily. The youth club has been very fortunate to support young people to university and further education by working alongside sid¢ them. The Management Committee are very grateful to the leader in charg¢ and staff for th¢ exc¢ll¢nt work that they continue to deliver within the community and surrounding areas. We are also very grateful to the young people and parents who continue to support the work of the staff team. I would like to thank all the various funders who continue to provide financial support to our organisation to allow us to provide ihe very besl services to young people. The Management Committee are also very grateful to the many funders and supporters who enable our service delivery. We thank you and hope that you will conlinue lo support our growth for the years ahead. FINANCIAL REVIEW Reserves pollcy It is the policy of ihe charity to mainlain free reserves which matches th¢ n¢eds of th¢ organisation, both at the current time and in the foreseeable future. This provides sufficient funds to cover running costs which include management, administration and support costs. Free reserves are those unrestricted reserves not designated nor invested in f￿¢d assets which are availabl¢ for general us¢. Following continued growth in All Saints Youth Centre and uncertainty in the funding environment, All Sainls Youth Centre aim to keep reserves equating to three months total running costs for the organisation. Th¢ charity has a surplus in unrestricted ￿ndS carried forward at 31 March 2024 of £2,385 (2023: SUTplus £4,543) and reslricted funds carried forward at 31 March 2024 of £Nil (2023., £Nil). Funding The principal funding is from th¢ Education Authority. Page 5 ALL SAINTS YOUTH CLUB TRUSTEES ANNUAL REPORT (contlnu•dJ YEAR ENDED 31 MARCH 2024 PLANS FOR FUTURE PEIUODS The immediate plans for the fviure are lo continue to grow, 5UStain and maintain the Cu￿ent level of support and provision of the services for all our members, service users and core client groups. We aim to secure further funding where possible to ensurc all aclivities can be carried out to all our young people. STATEMENT OF RESPONSIBILTIES OF THE TRUSTEES The Board of Truslees are responsible for preparing the financial statements in accordance with applicable law and United Kingdom Accounting Standards (Uniied Kingdom Generally Accepted Accounting Practice). The law applicable to charities in Northern Ireland requires the trustecs to prepare financial stalcments for each financial year which give a truc and fair view of the slate of affairs of the charily and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to: select suitable accounting policies and then apply them consistently) observe the methods and principles in the Charities SORP (FRS 102) (second edilion - October 2019); make judgements and estimates that are reasonable and prudent: state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial stat¢menls' prepare Ihe financial statements on the going con¢¢m basis unless it is inappropriate to presume that the charity will Continue in operation. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them lo ensure thal the financial statements comply with the charities l¢gi51ation for Northem Ireland and the provisions of the Irust deed. They are also responsible for safeguarding the assets of th¢ charity and hence for taking reasonable steps for the prevention and deteclion of fraud and other irregularities. The truslees are responsible for Ihe maintenance and integrity of the charity and financial infomydtion included on the charily's websile. Legislation in the United Kingdom governing the preparation and dissemination of financial slalemenls may differ from legislation in other jurisdictions. Page 6 ALL SAINTS YOUTH CLUB TRUSTEES ANNUAL REPORTi¢ontlnu•dJ YEAR ENDED 31 MARCH 2024 STATEMENT OF RESPONSIBILTIES OF THE TRUSTEES (conllnu•d) Disclosure of IDforniatioD to independent examiner So far as each of the trustccs in office at th¢ date of approval of these financial slatements is aware: there is no relevant infomiation for the independenl examination of which the charlty's indepcndent examiner are unaware. and they have taken all steps that they ought to have tak¢n a5 trus*es to make themselves aware of aiiy relevant infom)ation and to establish ihat the charity's indep¢ndenl examiner ar¢ aware of that inforniation INDEPENDENT EXAMINER GMCG Belfast will continue in 0￿1¢¢ as independent examiner for the ensuing year. REGISTERED OFFICE BY ORDER OF THE BOARD OF TRUSTEES 2 Cushendall Road Ballymena BT4J 6HE Fi M McGinnity Trustee Approved by the trustees on .