CEIARTERED .4CCOUNTANTS
YOUTH INITIATIVES (NORTHERN IRELAND)
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF YOUTH INITIATIVES (NORTHERN IRELAND)
Oplnlon
We have audited the financial statements of Youth Initiatives {Northem Irèland) (the 'charity') for the year ended 31
March 2023 which comprise the statement of financial activib'es, the balance sheet, the statement of cash flows and
notes to the financial statements, including significant accounting polici8s. The financial reporting framework that
has been applied in their preparation 15 applicable law and United Kingdom Accounting Standards, including
Financial Reportlng Standard 102 The Financial Reporting Slandard applicable in the UK and Republic of lffland
(United Kingdom Generally Accepted Accounting Practice)
In our opinlon, the financlal statements..
give a true and fair view of the state of the charllable company'$ affairs as at 31 March 2023 and of Its
incoming resources and application of resources, including its incorne and expenditure, for Ihe year then
ended,.
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practi￿.,
and
have been prepared in accordance wlth the raqui￿rnents of the Companies Act 2008.
Basls for oplnlon
We conducted our audit in accordance with International Standards on Auditing (UK) {ISAs (UK)) and applicable
law. Our responsibilities under those standards are further described in the Audito￿8 responsibilities for the audit ol
tha financial statements section of our report. We are independent of the charity in accordance with the ethical
requirements that are relevant to our audit of the financial stalemerits in the UK. including the FRC'S Ethical
standard. and we have fulfilled our other ethical responsibS1ilies in accordance with these fequirements. We believe
that the audit evidence we have obtained is suffiaent and appropriate to provide a basis for our opinion.
Conclusions relatlng to golng concern
In auditing the financial slalements. we have concluded that the Trustee5' use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identifièd any material uncertainties ￿lating to events or
conditions that, individually or collectively, may cast significant doubt on the charity's ability lo continue as 8 90ing
concern for a period of at least ￿e1ve months from when the financial statements are authonsed for issue.
Our responsibilrties and the responsibilities of the trustees with respect ta going concern are described in the
relevant sections of this report.
Alfred House
19 Alfredstreet
BELFAST BT2 8EQ
DX3910 147R Be￿￿t 50
Ceiiiury 14oube
40 Crescent BLI.*iness Pdi'k
LISBLTRNL
BT28 2GN
17 ￿lande¥l[le Street
POR'fADOW
Craig4lVOfL
-r62 3Pkl
Tel: +44 (0)28 9031 1113
FaL' +44 (0)28 9031 0777
Tel: +44 (0}28 9260 7355
Fax: +44 (0128 9260 1656
'l-L41-. +441012EI 3833 2801
+44 1(1128 3830 O->gJ
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YOUTH INITIATIVES (NORTHERN IRELAND)
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF YOUTH INITIATIVES (NORTHERN IRELAND)
Other Infomiatlon
The other infomiation comprises the infomalion included in the annual raport other than the fina￿lar statements
and our auditorfs report thereon. The trustees are responsible for the other infomiation contained wthin the annual
report. Our opinlon on the financial statements does not cover the other information and, except to the extent
othe￿iSe expllcltly slatsd in our report, we do not express any form of assurance conclusion Ihereon. Our
responsiblllty is to read the other information and, in doing so, consider whether the other information is materially
inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears
to be materially mlsstat8d. If we identify such material inconsistencies or apparent material misstatèments, we are
required lo determine whether this gives rise to a material misstatement in the financial statements themselves. If,
based on the work we have performed, we conclude that there is a material misstatement of this other information,
we are required to report that fad.
We have nothing to report in this regard.
Oplnlons on other matters pr85¢rlbed by the Companles Act 2006
In our opinion. based on the work undertaken in the course of our audit..
the information given in the Trustees, report for the fi'nancial year for which the financial statements are
prepared, which includes the directors, report prepared for the purposes of company law, Is conslstent with the
financial statements,. and
the directors, report included within the Trustees. repart has been prepared in accordance with applicable legal
requirement5.
Matters on which we are requlred to report by exceptlon
In the light of the knowledge and understanding of the charity and its environment obtained in the course of the
audit, we have not identified material misstatements in the directors, report included withln the Trustees, report.
We have nothing to report In respeGt of the following matters in ￿latiOn to which the Companies Act 2006 requires
us lo report lo you if. in our opinlon:
adequate accounting records have not been kept. or retums adequate for our audit have not been received
from branches not visited by us., or
the financial statements are not in agreement with the accountsng records and returns. or
certain disclosure5 of trustees. remuneration specified by law ar8 not made,. or
we have not received all the information and explanations we require for our audit., or
the trustees were not entitled to prepare the financial statements in accordance with the small companies
regime and take advantage of the small companies, exemptions in preparlng ihe Trustees, report and from the
requirement to prepare a strategic report.
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YOUTH INITIATIVES (NORTHERN IRELAND)
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF YOUTH INITIATIVES (NORTHERN IRELAND)
Responsibllltles of trustees
As explained more fully in the statem8nt of Trustees. rgsponslbllltie5. the trustees, who are also the directors of the
charity for the purpose of company law, are responsible for the preparation of the financial statement$ and for being
satisfied that they glv8 a true and fair view. and for such Internal control as the trustees determine is necessary to
enable the preparation of financial statements that a￿ free from materlal ml$statem8nt. whether due to fraud or
error. In preparing the financial statements, the trustees are responsible for assessing the charlty's ability to
continue as a going concern, disdosing. as appllcablè, mattérs related to going concem and uslng the going
concem basis of accounting unless the trustees either intend to liquidate the charitable company or to cease
operations, or have no realistic alternative but to do so.
Audltor's responslbllltles for the audlt of the flnanclal statemonts
Our objectives ar8 to obtain reasonable assurance about whether the financial statements as a who18 are free from
material misstatement. whether due to fraud or error, and to issue an auditor's report that includes our opinion.
Reasonable assurance Is a high level of assurance but is not a guarantee that an audlt conducted in accordance
with ISAS (UK) will always delect a matenal misstatement when It exisls, Mi5Stalernents can arise frorn fraud or
error and are considered material if, Individually or in the aggregate, they could r8asonably be expected to influence
the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of d8tecting irregularitles, inGluding fraud. is detailed below.
11

YOUTH INITIATIVES (NORTHERN IRELAND)
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF YOUTH INITIATIVES (NORTHERN IRELAND)
Extent to whlch the audlt was congldered capable of detecting Irregularltles, InGluding fraud
We identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error,
and then design and perform audit procedures responsive to those risks. inGluding obtalnlng audit evidence thal is
sufficient and appropriate to provide a bas15 for our opinlon.
In identlfying and assessing potential risks of material misstatement in respect of irregularlli8s, including fraud and
non-complian￿5 wlth laws and regulations. we consid8red the following..
The nature cf the industry and sector, control environment and business performance, including the
ompany's remuneratlon pollcies for directots, bonus lavels and pèrformance targets. if any.,
Results of our enquiries of management aboLrt their own identification and assessment of the risks of
irregularllles.,
Any matters we identified having obtalned ancl revlewed the company's documentation of their policies and
procedures relating to..
Identifying, evaluating and complying wth laws and regulations and wh8ther they were aware of
any instance of non-compliance..
Detecting and responding to the risks of fraud and whether they have knowl8dge of any actual.
suspected or alleged fraud.. and
The inlemal contro15 éstablished to mitigate risks of fraud or non-compliance with laws and
regulations..
The matters discussed among the audit engagement team regarding how and where fraud might occur in
the financial statements and potenli81 indicators of fraud.
As e result of these procedures. we considered the opportunlties and Incentlves that may exist within the company
for fraud and iden15fied the greatest potential for fraud In revenue recognition. In common with all audits under ISAS
{UKI. we are also required lo pèrform specific procedures to respond to the risk of managèment override.
We also obtained an understanding of the legal and regulatory frameworks that the company operates in. focusing
on provisions of those laws and regulations that had a direct effect on the deterninatlon of material amounts and
disclosures in the financial statements. The key laws and regulations we considered in this context included Ihe
Companies Act 2006, and local lax legislation.
In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial
statements but wmpliarice with which may be fundamental lo the company's ability to operate or to avoid a material
penalty.
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YOUTH INITIATIVES {NORTHERN IRELAND)
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEM8ERS OF YOUTH INITIATIVES (NORTHERN IRELAND)
Audit response to rlsks Identiflad
Our procedures to réspond to the risks identffied induded the following:
Reviewing th8 financial statement disclosures and testing to supporting documentstion to assess
compliance with provisions of relevant laws and regul8tlon$ described as having a direct effed on th8
financial statements.,
Enquiring of management concerning actual and potential litigatlon and dalms.,
Perfomiing analytical procedures to Idenllfy any unusual or unexpected relalianshlps that may indlcate
rlsks of material misslalement due to fraud-,
Reading minutes of meelings of those charged wlth 9oveTnance and reviewing correspondence wlth tax
authorities-, and
In addresslng the risk of fraud through management override of controls, testing the appropriateness of
journal entries and other adjustments; assessing whether the judgements made in making accounting
esllmates are indicative of a potential bias., and evaluating th8 business rationale of any significwt
transactions that are unusual or outside the normal course of business.
We also communicated relevant identlfied laws and regulalion5 and potential fraud risks lo all 8ngagement team
members and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the
audit.
Owng to the inherent limitations of an audit. there is an unavoidable risk that we may not have detected some
rnater6al mlsstatements in the financial statements, even though we have properly planned and performèd our audit
in accordance with auditing standards. In addition, as wittt any audit, there remain$ a higher rlsk of non-delection of
irregularities, as they may Involve collusion, forgery, intentional omissions, misrepr8senitations, or the override of
internal controls. We are not responsible for preventing norrtompliance and cannot be expected to delect non-
compliance with all laws and regulations.
13

YOUTH INITIATIVES (NORTHERN IRELAND)
INDEPENDENT AUOITOR'S REPORT ICONTINUED)
TO THE MEMBERS OF YOUTH INITIATIVES (NORTHERN IRELAND
Use of our report
This rèport is made solely to the company's members, as a body. in accordance with section 391 of the Companies
Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we
are required to state lo them in an auditols report and for no other purpose. To the fijllest extent pemitted by law,
we do not acc8pI or assume responslbllity to anyone other than the company and the company's rnembers as
body, for our audit work, for this report, or for the opinions we have formed.
Mr Nlgol
e FCA (S8nior Statutory Audltor)
lor and on behalf of GMCG BELFAST
Chartered Accountants
statutory Audltor
Chartered Accountants & Statutory
Auditor
Alfred House
19 Alfred Street
Belfast
BT2 8EQ
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