Chjrlty R6glBlfatloTr No, NIC100901
Company Rfrolstratlon No. N1069370 (Northern Irelathdl
LARNE YMCA
IA company Ilmlted by guarantee and not havlng a Share capital)
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

LARNE YMCA
CONTENTS
Page
Tm81ee8' r8porl
2-12
IndepèrKJenl audtèr'# report
13-14
Slalement of fiDancl81 aeUv￿al
15
B8PoDce 5heot
18
Notes lo lh• financlal tslatsmenl$
17-25

LARNEYMCA
LEGAL AND ADMINISTRATIVE INFORMATION
Trw8fe
Mr R Tweed
Mr R JAlexander MBE
Dr Brian Dunn
Mr8 Sally Lo•dtr
Mrs F M Giay
Mrs Laurg Sl¢d
MrGarelh HamllloTr
Mrs P 8radfey
(Appolnled 1 Jvn8 20231
IApw)Inled 1 June 20231
{AppoIn￿￿ 1 June 20231
MrsAE McAuley
S•¢ro¢&ry
Mr Oean Null
Charlty numbor
NIC100B01
Company nvmb•r
N1069370
RgglsteTtrd oftt¢•
34A Pound Street,
Larne
Cc*Antrlm
BT40 1S0
Audltor
MB8 ¢hari8r8dAccouDtonla
3 Hlgh siieet
Lom&
Co. Anldm
BT40 1JN
5ollcltors
J W McNlnch & Son
So1klloi¥
2 Cross Slrael
LARNE
oAnlrim
8T40 1JP

LARNE YMCA
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORTI
FOR THE YEAR ENDED 31 MARCH 2024
The Tw51ee$ prestrnllhek report8nd financlal slalemenls for thè yeareTrded 31 ￿arCh 2024. Yh8 a¢¢ounl$ hav8
b&en prepaFed In 8¢cordance ￿th th9 accounllng pollcbs 881 out ITh nola 110 Ihe accounts 8nd comply ￿1h lh•
chad1￿$ Memorandum and ArtIGEe¥ ol A8socIal￿n. tha Companles Act 200& and 'AG¢ounling 8nd ReporflNJ by
Charilb$'. Slalemenl of Récommended Pr￿1￿¢0 applkablè lo ch81iUè& weparfny thelr accounts in a¢cordan¢e
wllh Ihtr Flnanclal Reporflng Standard Qpplica￿e In Ihè UK and Republloof lieland IFRS1021 leHecilv8 1 Jarwary
20151"
The fin8nd81518lements have b&8n prepared In accordaNe vAih Iho accounllng pdlcl89 881 out In noie 1 to the
finandgl Blglemenls and comply wilh Ihe ch8Fllls goveTnlng document the Compaoth Act 2006 and
Accounllng and Roportlw by Chariiies.. Sialemeni of Recommended Pradte appllcablè lo thaiiitès preparfNJ
Ihetr accounls In a¢c(Ydancè wlth Ihg Financlal Rèportlng Standard 8ppll¢able in the UK 8nd Fl8publlc of lielartd
IFRS 1021 lèffeGllve 1 Janu8ry20191"
Oblortfvos of tho Chaflly
The ch8ri11È5 Memorandum gndAdl¢fe8, IM&AI. wh￿h wér• orlgln8lly In 1972, were re￿￿d and revlsed
in 2019. The prfmary Aason5 fordolny Ihl$ wgre.'-
11 To add clarity #nd mak8 them more acc6sslbl& to usel8 thr¢￿h u88 of F4Èln Engllsh m8ke our purposel
obhclfve8 as elear88 pos$lblt
21 To align L8rne YM¢A'$ Ihè M&A ol olher YMCA a58oclallDns lo bèller en8blgJoSnt prolect work and
work In glher 98ographl¢al areas.
31 To ensura Ihal M Is ¢18ar Ihat YMCA seThl¢a# •nd pYol•c¢s 8ro opan 19 all Indivklual8 and that pgrc8lv8d
barferg aré romoved.
41 Te enable memb8rshlpldlrocior roks lo bg open lo anyone overlhfj 8ge of 18 who In sympathy and ayroOS
th Larne YMCA'S obiectlves.
The th8rlly commi¥8bn provkjèd ¢onBonl lor Iha chpnlle IhB objec1￿￿$ on ihe 10 Mty 2019 reftrenc? nurnbar
CVW191089
The ¢hariVw oble¢l$ 8rg'.
l. To pro￿de or assi$1 h tho provi$lon of educallon, for people of811 eges and In parllcularytsuno people, %*lh lh8
oblÈ¢l of d6veloplDg the￿ph￿￿￿, mgnlal and $yrilual capaclll¥$.
2. To pmmole he8lU)y Ilv¥u Fncludlng ¢Mo￿Onal. mental and splrMu81 well-belng through Ilw provlÈk)n ol
hlormallon. educallon and •¢livilles.
3. To womole comtnunily engagement 8nd th152tn¥hlp, for young peopl8, Ihelr famS15&5 and other adult& foi Iha
purpose offamlly support, ¢ommunlly r81811ons and acllve clllzenshlp.
4. To rel￿￿8 or as8181 In tho rellel of need axperfenced by people of hll age¥ and In pqrtlcular young people, wh
Are In condillon8 of h8rdshlp or dlstrts¥ by re88on of Ihelr soclal. phy51cal, emolional, s￿rItUal or economlc
¢5rcUmts￿nCe$.
The Trusièès have pald du9 regard Io guldanog Issued by tho Charity Comrnlsslon In deddlng what 8¢llvllle$ Ihe
charily should und8rtak9.

LARNE YMCA
TRUSTEES, REPORT ICONTINUEDIIINCLUDING DIRECTORS, REPORTI
FOR THE YEAR ENDED 31 MARCH 2024
A¢commodatstsn
Lemè YMCA18 based at 348 Pound Straot, L4Tng In purp088 bull o¢tommodatlon whl¢h was con8lrucl8d In
2000.Age and Increased u$a have led lo gro￿n9 repalr aTYl mahtenance demands.
The Tru5tee$ Én$ui6 comp11ance wlih portoble appllance le$llng. fixed wlilng le5Ing and les￿rg rl om8rgancy
$ysl8ms. The preml8e$ Ènd acuvitses are approprf8tely Insured YAlh ￿&r r8vl8wod and Amended 4$ ne4d bts on
on annual b8sI
Dlr8¢t b•nofl¢larl88 of Lllrrto YMCA
The dlrecl ￿ne1ClarIeS oILgmeYMCAare ¢hUdren and yovng peop18 8ged 4 yeprs and above. In Ihe m8ln they
arè re8tdonl wSttyn Ihe leine atsa ￿th a few trwallln9 from outs￿& the lovm boundary lo access P2rtE¢u18r
proièds. Larno YMCAhès Ihr88 mpln areaB olaGllvlly'..
l. After Sd￿01
2. Aullsm support
3. Youlh Glyb
Detells of benaffclgrfes output¥ durfny Iho poibd 1 Apill 2023- 31 Mpr¢h 2024 8r6 oulllned bolow..
Aft•r School•Alm of pro9rarnm•'.-
To pro￿de hlgh quality affordable chlld care lo chlldian 8g8d 14 yewr¥ ¢0 12 y8ar8 Prfmary 1 untll Ihe end ol
PrimBry71 In 8 safe nurtyring envlronrnent.
Obl?cllve# ol progrnmmg:.
To provlda playoppDthJnrfle8 And play spaces for ¢hlldr8n and r880ur¢e$ undar all playtyp¢$.
To glvo ¢*ch child ￿8Y opportunHleB Unthr￿n￿8d by plwiorkvalu88 and p￿n￿pIeS and wovldp resources In an
all Indu8fv& envlronmenl.
Tts provld8 8rfordpNe ¢hlldcaro whll8 parenlslouardlans 8r8 worklng.
To biild and Supporl thlldr8n'8 re¥lllon¢g and ern011￿•1 well belrvj 8nd pro￿d6 r88ourc8s ITh all I￿u8￿0
envlronmenl.
To pro￿de a heallhy $nackand lookat nulrlllonal need8 In co0￿￿ act￿1￿0S.
To help ¢hlklren fed valued andsupport addlllonal n¢*d$.
Nts of sessbn$ déllvered
312
No of paib¢l ants
10.300 over 36 weeks ol Iha yeai
beiween Aprtl 2023 March
2024
e rsngo
4-11112 yèa18 P110 P7
EvenlslProl•els complètèd In th1& pèrfod:.
Dlsney on Ica
Flee Ilmt
Halloween
Free Play
Bugs and Bea￿8&
Foolban
Rolltrsk&le disco
Rèle playlhoust corner
Cooking
Sènsory play
Art
Halloween. E8sler, Chrftstm89
WS -Odyssty
Summer Fel•
Coftee mornln
QuallflcoltDn$ complfriod. l OCN'81
80slc Fth)J gnd hyglene
Paedlatrlc fir81 gld
Aub'&m Nl
ChNd Protecllon

LARNE YMCA
TRUSTEES. REPORT {CONTINUEDIIINCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
Young Leada¥8 and VolMnle8r prc¥Br#mme
No ofvolunleerhours complated... Spaik programm&
Consultatlon:.
Who dld we consul1￿1￿? Chlld18n, *t•ff and paren18
y djd we ￿niU￿?
ews, lik8s and dSsllké$. rellecuon olchaTvJes
How many GonlrfPARe(ri wi
Èt dld we learn?
Sp8Co 8t￿ stowage hA8 b88n klerytlfled wlth il bolng 8 8harÉd bu1￿￿ng.
QualllyA88uranc0:.
Toys and 8qulpm?nl up to standard Ich8¢ked and clegnoddaly
Play Opportunlllo• provlded
In8p8cllon by NHSCT- Out5tsnding
Tialnlng provlded byr#g￿81erf Iralnln9 provld8r8
Partnfrrshlp8:.
Who do wa partnei wth?
Eartyyegrs, ChI￿C8r¥ partnershlp, Norfh￿ Heallh 8NJ SocL91 Care Tnjsl. ¢INI. Parenlglc8r8rs, a¢hools,Accas8
EM￿0YrnenI Le8Ynlng. olher pitsvldern. Chlld prote¢Uon team, Gateway. Play resource, PLgyboard. Llnn Prlm8ry
School. Corran Prfm&iy School, Sl Anlhony's Prlmary schod, Prfm8ry SthorA, Lafne 8Th1 Invor Piimèty
School, ST Ma¢N15sI's Prlmary School, L8rr* F(thll Club, CBlmcasl1& Pilmaty School. YMCA Irol8TrJ
aldO￿d0?
Wa Ilal$o wilh soc￿1 woth•r8 lo Improve link8 between homo Nfe 8nd ¢hlldcar8. We workl￿th othèr or98nlsallon$
lo prowde adequatè up lo dats IralnlTKq for siatf. We seek advke il nee￿d from other org8n158llons. W8 lake
feedback on boardto Impr￿ ourwort and me8tlh& needs ol chKdren and young people.
Wo compl*l¢d $18ff iralnlng pnaly618, Ihli hlghvghied that $ome of ￿ $laff ￿eded lo rtsfie8h cNld prole¢tlon
Ir81￿rt9, nis1 ald and partldp310 In pltywotk cour888. Th1& hA8 r￿b$8￿ ¢ompfel8d.

LARNE YMCA
TRUSTEES, REPORT ICONTINUEDI{INCLUDING DIRECTORS, REPORTI
FOR THE YEAR ENDED 31 MARCH 2024
ASPAITn of progiammo:.
To provide hl9h qtsallly yoyjlh prOVi￿th lo chlldron wilhtholllng lor 8 ASDIADklD Dlagno¥ls 8gad 4 par¥ to 18
y88r6 okl In a safe nurtuiing envlronMÈnl.
Oblectlvgs of progr4mm•:.
To craala a safe spa¢É foryoung peoplè ￿1hA$DIAoHD
opportunlll&8 whlrh Ihty m8y not 9aln In m8lnstre8m provl¥lon
One io onè supwrf
Tr1e￿ ixjlld 8odal sklllgAnd confidence
No ofsossbns d￿l￿￿ed
239
No of rikipants
50 on Bvera
6aweek
er•n
16-21
Ev8nt8 1 Prol&Gts tomplaled In th18 p•rlod..-
Freè ￿m￿. Halh)ween, Frt8 Play, Foolb811, Cooklng. Sensory play, Arl, lripto Slieamvolefarm, W5, Clnerna,
Quaiinc6tlon# eompleted, l OCN'81
Paedlawc first ald
Aull$m Nl
Chlld Pfotsclk)n
Staff complellng OCN Level 2 in Youth Woik Pract￿8
Youthg Leadors ond Volunteer programm8
No olwJlunl8er hours Com￿818d..-4 young peo￿8 galnlng 100+ hours Com￿ned
Key pieces ofwork l L8arnlng 8¢hl6vad'.-
Young paopfe havo Gom8 out of Ihelr sh811$ because of Ihl& programme. IhBy havo g#lned ¢onThd8nc8 withln
emsÈl¥es end also dweloped leadershlp tsklls abng l￿Wty.
Gonsullallon:.
o dldwe consult wllh? Parent8, youThJ and siaff
y dldwe Gorisu117 To 8lbwu& lo find out yvuny pèople's needs and l￿wa cBn bo818upporl Ihem.
Howmany conlrfbulÈd?All
al dld wa188rn? Identified young peopl8's need5, allowlng lo facllllala lar9eled wotk lo help. A￿6 lo see
8UPPOrt parenls 1811 Ihey ne&d&d and offer support where needed. ￿lowed u$ lo find d5ffér6nt lurdng
opportun5￿ets foi u$ lo 8pply to.

LARNE YMCA
TRUSTEES. REPORT ICONTINUEDIIINCLUDING DIRECTORS. REPORTI
FOR THE YEAR ENDED 31 MARCH 2024
QualltyA8$ur4nco:_
Staff ¢gmplellrrfJ OCN L¢vel 2 In Youlh ¥￿tk Pra¢Us8
Parfnorshlps:.
o dtswo parfnerwlth?
Pe8cepFayers. ExleFn, St•rt 360, PS141, EduGpllon Authority, LlnT¥ Piimèry Schod, Cerfbn Primary sch(￿1, Sl
Anthony¥ Prfmary Èthool, Moyte Prfmgry Schod. Lamo> gnd Inver Primary Schod. ST M8¢NlssI's Primgry
S¢hDoI, Lain8 Football Club, YMCAlrelond,
Vth81 dtswe do?
W8 work other org8nl$èiion¥ lo provldè ad24uat8 w lo dalb Iralnlng for staff. We Seek #d￿￿￿1 n8ed8d from
Ol￿r vrgani88ilon$. ￿ takg fe8db8ck M bogrd lo Imwov8 ourwork and mÈel th8 need$ of ¢hlklren 8nd young
ppople.
Howdoe$ Ihk8 edd v8lu67
These partner8hlps add values by supporllng progr8Mmets. prtsvldhg fundlng opportunlllas, conlrfbullng 10 8rYl
188dlDg largel8d wogramme ses$fonts,
Youth Club Alm of programm•'..
To provldo hlgh q￿l51Y youth provl¥bn whlch 1$ opgn and 8¢cag6lblt to all ywny peo￿& 8g&d &25
OblBcllv•8 olprogi•mmo:_
Tts piovlda a 9enèri¢ and 18rg6led youlh club b&88d provi¥1￿ *iih5n Ihg LameAr8a 0$ oulHned by iha EA Yo
so￿¢@ FUnd￿g opportunily
Ntsof 8essbn8 dellwed
300
No of rt￿￿ ￿￿1$
175 on an avera
eweek
ron
5-25
Ev8tbl81 Prole¢ls complttad In ¢hl• perlod:.
Culture week
Envlrthmenlal and Outdoor learnlny Programmes
Health and Wall bèlng programme-slatl 360
LaKrfulnes8 Progr8tnme- plzza PSNI
Life SkRlts progrgmme
Soclalknlbn Project
Quallllcatlon$ corTrpleled, l OCN'81
Drugs 8NJAlcohol OCN- 12 youny people
Aullsm Nl
Chlw Prole¢bon
Staff ¢omplellrKJ OCN Levol 2 In youlh work pratlFsB
Yotsnp Lo4d•rs and Volunfeer programfftq
No ofveluntÉeihour8 com￿￿1￿d..- 4,320
Kay ￿8¢?$ olwoFk Ilearnlng 8chleved'.-
Youn9 people havé come out of Iholr sheN8 b8opuBe of th1$ progr8mm8. Ihtry hHv6 g&ln8d ¢Mfidenc8 ￿1h￿
emBelv8$ and 8180 developed teadeiship 5kllli along Iheway.

LARNE YMCA
TRUSTEES. REPORT ICONTINUEDIIINCLUDING DIRECTORS, REPORTI
FOR THE YEAR ENDED 31 AIARCH 2024
Tery¥ted Programmes;.
me
No ol ses&lon$
No of èrtkl 8nl$
13
19
16
20
oGi@IAGUon
Health and WeKbaln
Ufe SklM5 P
ramme
Mental
Heallh
Pro
ramme
L8wfulne8s PfQ
ramm
Awarenes8
iamm
21
on$ul¢aUon:.
IMW dld wa yO￿g ptroplo, p•r*nI￿C8f8rs
v did wt con8uM? To halp u8 b¢lW underslpnd tha yotKbg peopEt'8 ne8ds end how we can beBi $upporf
Ihem.
How many conlribuled7NJI
al dld ￿ 188Tn7 IdenlifiÈd young petspl8'9 neod$, albwlng UB lo f8dlllola tsig818d woik to hèlp. Ablo lo seè
Support purents fdl Ihey need8d 8fKI offer support whèrtr needed. ￿10￿)¢d us lo llnd drff•rent fimdlng
Opp)rtU￿1￿5 lor u$ to appwlo.
Quollty A8&*tsrance:_
Staff compl¢iing OCN Level 2 In youth work pradlse
Partrt•tshlp8:.
Wno do￿ partnerw51h?
Peac8players, Exitrrn, Slarf 360, PSNI, Educalkin Authoirty, Unn Piim8ry Sthool. Cerr8n Prim&ry School, $1
nlhony'8 Prlmaiy $¢hool, Moyb Prfmary School, Larne and Inver Prfm8ry $th(K)I, ST Ma¢Nl861's Primary
S¢hoDI, Larn8 FoolbHII Club, YMCA Ireland,
I￿81 dowe do7
All partnershlp5 hèlp us promole thè Serv￿0 réferring ywng peopl8 wher8 Ihey féÉl 8pproprf3le. WO work wlh
other oryanT8allong lo prov￿@ adeouala up lo ijale tralnlng for $laff. W8 8eek advltè W n8ed8d from olher
organlsalk)nB. W8 lake feedback on bogrd to Improvo our work 8nd meet Ihe ne8ds ol thlldrén and younu
P80pIe.
How doè8 thls 8dd vBluè7
These p)rtnershSps 3dd v81ue8 by supportlng progrÈmmeB, piovkling fundlng opportun11￿￿, ionlribullrrfj io gnd
adlnglorgèled programmg sots8lon6,

LARNE YMCA
TRUSTEES, REPORT ICONTINUED}IINCLUDING DIRECTORS, REPORTI
FOR THE YEAR ENDED 31 MARCH 2024
ask•tb•llAlm ol PFogrimme:.
To provide an all*mpll¥e 918s8root sport to Lame and tho Surro￿ldIng #rea
Oyecilv68 of pro9r8mm6'..
Erwyèyoung mal&s and Fem81e8 In 8PDrt
Ewgg now young people not know lo Lamo YMCA
No of se$$lons dellvered
120
No of arti¢l
75
nts
range
5.17
Evonts I Proloet• compl8thd In ¢hl$ p•rlod:_
Trainlng 8ession¥
Match D8ys
Fundralslng
Qu4iificatlons ¢omploted, l OCN'BI
2 Co&che$ wmpbled Inboto coachlng ¢our8o Ihiough B86kelbBII Ireland
1 Ref8ré8 compLgled Intro lo refereelng coursg through 8asketball Ireland
Targfytfrd Programm•¥:.
Theme
Jr NBA
No ofse$sk)n$
No of arllcl nls
Throu h Bask¢lball Nl
Consultallon...
o thd wè con¥ull wilh? Lo¢81 communlly and ¢thgr Bsskeiball clubs
y dldwe consult? To $eB1111 wa8wanledlneeded wrfhln Larne and howwe 5houkl go about selilryj il
dèllvorfw Ihl8 new provlsFon
HoWmanyc¢￿bUIed?AII
Wnal dId￿ l¥rn? Wè lèarnl Ih81 Ilwould b6 cosltylo sotup wilh feo alc, and Ihal IhfrF8 wa$ 8 biq need for
8kernaUvo SPOFl$Mrylhln Larfie and Ihtr surroundhg are8
Pirtn•r•hlpB:.
do w9 parfn9r￿lh?
Cwran Court. Kihvaughler, In5plr& Gym L8me. 8gskelball Nvlrelano, PeatWayers. Exlem, Start 3SO, PSNI.
Ed￿allonAUth0T1Iy. Unn PrfmaryScho(A, Corran Pilmary School, SIAThihony's Prlmary school, Moylè Primary
School, Laine and InverPrlmary School, STMacNltssi's Primary SchL)ol, Lorne Feolbgll Club, YMCAlrel8nd.
al do wa do?
Curian court spon80red ovrplayers klls, KI￿aughIer gav8 8 donabon loward8 runnlTrJ costs snd Inspiro Gym
spontsored ¢oa¢hes kl18 2nd allowed u810 use Ihtirgym facllily once 8 weekfree ol charge. BBskelball Nlnr818nd
h8lped Mrylh Ihe sèt upol Iho dub and provlsloD of Ihe JrNBA schools progr8rnm6. Evèryone else helps wllh
pyomollon of iha $8Mce and r8ferrfng yovng people lo thè dub.
How does Ihls add v8lu87
Helped us become mora knothv 8Dd gave Ihre8 P8rfner¥ sponsor&hlp opportunlllBs up and dowo Ihe eountry

LARNEYMCA
TRUSTEES. REPORT ICONTINUEDI{INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
Indlre¢tb•n8flclaTle$ ol Larn• YMCA
PaiÈnlslc8rers, lèmllles and th* bal communlty 8re Indirerl baneficl8rfe5 01 Larn&YMCA a$ followh..
Al P8renl$l[8ra￿ and famllies..
provlsloD of 8dd511oro1 rtcre&Uon And Informal edutatlon opportUDWei for Ih61r thifdren and young
pa0￿8
a¥allablllty of $afè reuealk)nal space ouiskloth8 home
new￿r￿n9 wilh other paren151carers
opportunit￿8 lo partlcipala In evenls and &cll¥ille$
acces$ lo ofterschool GhKd¢8r8 en8iAiNJ them to work or siudy
8ccos$ lo ¥pe(x￿SuPPDrt In lthes of neod
Bl Local communlty..
8¥811abMily of fa￿1￿88 for ¢hlldfen a￿1 yourKJ people In Ihg a￿a
provl$lon ofcommunlly evehl&, volunleeilD9 ¢PPortu￿11e$. employment opportunilTas
promotion ofcommurflyadlon and cmc prid•
nefwotking %wlh olhef pthdw$, 51plulory agenckg$
• Conirlbullonfe work lTr￿der communlly through ne￿r￿n& and portner&hl
$upport for olhar groups
Furkdlng bodl
Larna YMCA would Ilke lo18k8 ihls OPPOrtunlly lo Ih)nk th8 funde1¥ of Ihtlr programme$. Thay hAv& t)98n vary
supportive overth&ye8is and hav8 activew engaged In dlseusslon lo thwov¥ dèlfvery program8.
Publlc bon&fft$tatomertt
The Dtreclorsl Truslees of Lamo YMCA wnfirm Ihal Ihey have complled wlh Ihetr duly under Chr￿185 Aci
Imorthtrrn Irel8nd) 2008 (the ChÈri1I8$ Acll onrj Tha ChgDlles (Acewnls gnd Reports) Regulalbn8 INorthem
Ireland) 2015 Ilhe Regulalbn$l lo Fiave iegaid 10 Ihe Charily Commlss4on's guldaftce on publlc bentfil 8TrJ Ihal
Ihe public bènefil requlremenl has Infr*med the a¢1￿11￿$ of Ihe Society in th8 ye8rlo 31 March 2024.

LARNE YMCA
TRUSTEES, REPORT {CONTINUEDIIINCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
Flnènclal r•vlew
The charily. $ incom￿q iecour$o for Ihe year amounl8d to £586,556 P023.. £438,794). Prthclpal 80urce¥ of
fundlrwJ arè from gr8nlg and donailons. ThÈ OUlgoin9 8xpBDdilui8 lor the year 8munled lo £576.805 12023
£467,9181 The nel InconltvJs forlha yearamounled lo £9.75112023'. oulgdng £19,124).
Thè Charily Is &x￿M0￿9r8Ialul lo 811118 grant funders. whhoutwlwe support ymCAwo￿d nol b• able lo a
number of 11$ ad1vi￿e8.
GOING CONGERN
Tha 8clfvllle5 of th8 InJsie¢s gre dep&ndÈnl on orwng contrbi ullons from bl8 rf*mbèts. Th9 TrLpsl8è$ are of Ih
oplnk)n that Ihe Iruslo8¥ has Suff￿lent resouFc#s al Ihe dale of approv81 of these financ181 stslemenl8 lo meèt
tommllmenlswhlGh will 8rf88 In Iheyear from Ihè dale of slgnlny this report and sublecl lo Ihtr tonllnulng 8UPP(¥t
fNom memb8rs lo fund Th) an ongolng b8sls the truslg8'8 curfenl acuvllles and oihw financlal ¢ommllmenl$.
RESERVES POLICY
Th8 Tru8lees have ¢onÈk4er￿ iha lèvèl of vnresirf¢tsd reseryes thal11 is appmprfatè to hohj I8￿n9 arcounl of
Current and Lwlng eommltm8nls. 11 1$ Ihe pdl¢y of the Trustees lo hdd beh¥e&n three and monlh's normal
èxpendilur8, thls ewale lo balween £46,494 8rKI £92,988. Al lh2 yeai-end unieslricled reservo$ wera £507.297
whkh repr8s8Dts a hEgh8r ￿Ve1 of reserwes. The TNsle&$, htswever, ¢onÈlder il prudent lo hold resem8 al Ihls
I&v81 a8 Ihe fundln9 of Ils pré$¢nl acuy￿1￿$ 1$ d¢peThlent of the ongdng financl81 support of113 funders.
10.

LARNE YMCA
TRUSTEES, REPORT ICONTINUEDIIINCLUDING DIRECTORS. REPORTI
FOR THE YEAR ENDED 31 MARCH 2024
struclurO1 goverrtance and moDagem?nt
Thè ¢harily Is a compaty Ilmlled by gU8r8niee and a¢c8plable a¥ charflabyè by HM ReveDu9 & Cu8fom¥ undèr
releTen¢o XR22162. Tho ¢omp8ny wa5 Incorporaled on 28 M8y 2008. Th& ¢omp8ny wa8 e318blltsh8d under fj
Memorgndum 0rAss￿leu0n whlch e¥t8blshed the oblects and power8 of Ihe company, and Is governtd by Il's
Artlde$ ofA580dalion.
The Tru518e$, who are 8180 Iho dliéctors forlha puiposg of company law, and who $eNed durlng the yeèr aThJ up
to Ih? dale of ￿gnatUre of the financlal slalemenls were..
Mr R Iwetd
Mr R JAlèxander M8E
Dr Dunn
Mrs Sawy Load•
F IA Giay
Mis Lawa Sle81&
Mr Garelh HarDltton
Mis P 8radléy
(Ap￿Inted 1 June 2023
(Appolnied 1 Junè 20231
ppoln18d 1 June 20231
MrsAE M¢Aul6y
The Dlreclorn DI tho tompany are also chanty Iruslees for iho PUfPOS6 of charfly law. Und8r thè requirements of
Iht Arlldes of As$ottlalkJn, unless 9th8rwl8& dètsrmknad by Iho wmp8ny In Goner41 m￿lI￿j number of
trvslee$ shèn not be le$& than ffv8.
Ona third of the t¥uste8$ sh￿1 rdr8 818ach Annual General Mgolk)g b89ed on length olUm8 In office. A rol￿ng
InJsl88 sh￿1 b& eliglble lor rtrelecllon.
None of Truslees h85 8ny beroffic￿e1 Inler8St In thty comp8ny.fvjl ofkn Tw$lee8 are members dth8 company
and guoranlee lo conlrtbule £1 In Ihe evÈnl of a windlng up.
statement of Trust•os' re6pon$lblllt1•6
Thg Twsiees, who 80 sl&0 th8 dlreclors of L8rD8 YMCA fLY Ihe purpD$& of comp8ny law. ar8 re8pons1￿& for
preparlng th8 Trustees, R8port anrf Ihe financ1d slalemenls ITr accordance w51h 8ppIic8bl8 law and Unlled
KlngdomA¢c¢unling Slandard# IUnll8d ￿ngdoM GeneialtyAc¢6pladAccounbng PrattEc&l.
Company Law req￿re$ the Trustees lo prep8reflnanc￿l stalements foreach financ481 yearWh￿￿ giv8 8 Iwe and
fairvlewof lh8 Stale ol affalts of Ihe ¢h8rity and of Ihg I￿￿mIng re¥wr￿S appll¢8llon of res￿￿￿5, Includlng
Ihe inGomo and 8Kpendilure. oflhe ch8iitabl8 companyfoi Ih8tyear.
In preparfng Ihesefinènclal slatem8nts, IheTrustse$ ar6 requiiedlo..
selerl sullabte 8ccounllng poNcle8 and Ih&n apply them conslslenlly
ob8ery8 Ihe molhod$and princlple8 In thts Ch8rHles SORP.,
. mÈk8ludgementJ and e511m8les Ihat aro reoJonabl8 8nd pwdeni., ond
wep)r8 Iha fin&ncial &latam8nls on th8 gokng toncem basls unle5$ tt Is Inapproprlole lo pre$uw Ihal Ihe
ch811ty ￿rylI￿n1￿nue In opernllon.
The Truslees arg responslble for k86pSng adaquale accounllng records Ihal dLsd05e vllh reasonable awur)¢y al
any tlme the finartclal poslllon of th& ch8riiy arvj enabl8 Ihem lo en$ur8 that Iha financial $1818mentg comply wih
thè Companles Act 2006. They 8r& a180 responsSbb for s8fÈgu#rdlny the assels ol Iha charity and hencg for
1gkin9 reasonable steps for Ihe pffjvenllon 8nd d8lect￿n of fra￿1 8nd olher Irregularilles.

LARNE YMCA
TRUSTEES. REPORT ICONTINUEDIIINCLUDING DIRECTORS, REPORTI
FOR THE YEAR ENDED 31 MARCH 2024
Audltor
In accordance with Ihe cornp8nl8 artldes, o rnsoluuon proposlng thal MBS Charfer8dAetount8nis b8
re8ppolnled 48 8udllor tsllhe companywll be pul al 8 General Me8UNJ.
TlwTwBlee$' 18portWaB apprevéd by Ihe 8oard of TiusleeB IDlrectorJl.
Mrs Laura St¢èl•
Tiuslee & Dlrector
12.

LARNE YMCA
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF LARNE YMCA
Oplthlon
Wa hav8 gudltsd tho fir0nGlal 8lÈtements of Lame YMCA ltho'ch8ri1l1 for Ihè year ended 31 Mprth 2024 whlch
¢omprl$è the slatemenl ol llnon¢k418Ctfvlll85, tho ba18n¢e sheet and ihe noles lo Ihe fin8ncl8l 8lalemenl¥, in¢ludng
S￿nth¢an1 a¢wJnUng polides. ThJ fin8nclal repoming framework Ihal has been appll8d In ihelr prepaiauon It
appTr¢aN8 law and Unllèd Klngdom AcctyJnUtvJ Sl8ndard$, In¢ludlNJ FRS 102 The Fln8nLlèl Roportlng SlandeAI
wlloaN8ln lh8 UK&ndRopublko1lrelgndlU￿L8d ￿ngdoM Gen¥r811yAccgpledAccounllng PFaoll¢¥l.
lnourw￿On. Ihp finandal 8t818rnents..
a truè and vlgw of Ihe 5th1e of tha chaEllabk9 company'& offalrn a8 81 31 Marth 2024 ond of118
¢omln9 rèsourc88 and ap￿1¢allon of re￿urce$, forlha y881 Ihen eTKled'
ha¥8 be8n property prepared In prcordance ￿th u￿ted ￿n0￿0M Gen8ra11y Accepled A¢¢0unllng Pi8cIIc¥.'
have bBen pr8par8d In 8ccordanc8 ￿1h Iho requIr￿&Thts ofihfr Compante¥A¢l 2008.
P•sl$ fotoplttlon
W6 conducted our audll In accordance whh Inieinallon81 $18ndardg on Audlllng IUKI (ISA6 IUK>I and 8Wlc8bltt
law. Our re8pon5iNlilie$ ynder Ihose sl8ndard$ are furlher d￿U￿bed In Atllthols ￿spO￿￿K1￿5 lorlh8 &udft ol
Iho lft8J)c181 st8l8menl$ wllon of our ieporL Wa 8r8 Independenl of lh8 charfly In acoordancts w41h th& elhk81
requlremenls that are rdevanl lo our audlt ol Ihe ftnanclal 51alernènts ￿ th& UK. 5n¢￿dIng Ihe FRC'È Elhkai
Slandard, wtr hav8 fulfil￿d ourolher 6lhlc81 f¢sponsiknlllles In accwdan** wilh thèsa requlremenl$. We bolE¢v
thal Ih88udtt e￿￿tr￿¢8 w8 hw8 obtglnÉd18 ond ￿prop￿8{a to provlde ft baJl¥ fvy ouroplnion.
¢oncluston$ Mlatlng to gtslng ¢oncern
In audlllng the financil slatemenls. we hav8 condudjd ttwt thè TA￿1•0$. uye of the gdng ￿nCeM b8815 01
8¢uunlng ITh ihe prèpwalL4) oflh8 T￿n(la1 stalemenl8 Is approprfal•.
Based on thè work we hav• ￿rforMed. we hovo nol Idenllfi8d any malerfal Ur￿ertaInl18S relats.ng lo avénls tsy
conditlon¥ Ihal. Indlyldually or coll¢cllvely. may c8$1 $lgnlfic8nt dtyjbl on Iho oharlty's abllity lo contlnue as a golny
concern lor a perf¢d olal18asl hyglvo months from whvn Ihts fin8ncl8181818menl8 gro aulhorfsed for1s8U8.
Our rosponslbllliles and th6 respons1￿1111¢$ of th8 Tru$lees I￿1￿ r¢$p¢cl lo gotry C￿¢01￿ ar¢ dÉ$crfbed In ihe
Fefevanl secifons oflhls report.
other lthlormallon
The Ol￿r InfOrma￿On ¢ompri$e* Infomallon Included Iha annual report other than iha finarKig181alemenl$
and our audilorfl report Ih818Tr7. Thè TNsl885 are iespon$iblÈ fu Ihe olh6r Inform81ion cont81ned wllhin Ihe annuo1
veport. Our oplnion on Ihe ftMncT81 glalements do&s nol cover th& othÈrlnfemalionandw0 do nol 8xp188s any fLY
of a$surnnc8 conclusbn Ihèreon. Our re$pon$lbllily Is lo read th¢ olher Informallon and, ITr dolng Èo. con8lder
whelher Ihtr othèr Informallon 1$ malerfally Inconsl$lÈnt ￿th Ihe finarKlel Gldomenls OT our knowledge obtsinod In
the cour89 of the atjdil. or olhet*iÈ8 8ppèars lo be m￿ÈTIalty mls8laled. Ilwe IdeMIfy such materlal Inconsi$lenclè#
or 8PP8renl malerlol ml$$tslemenls, wo bre requlred lo delermlne whether Ihl$ gkles rfsg to a malerfal m1881alemenl
In the financlal 8lalem¢nts Ih8msolve6. If. based en Ihe work we hava performed, wo con¢lud8 Ihal Ihw8 18 8
material mltss18temenl of Ihlt other Informjllon. wo ar8 rèqutred lo rtsptsrtthÈl f8cL
We havo nothing lo report In Ihl? r8g8rd.
Matttrs on whlch w8 are Tèqulr•d to r¢port by 8Xt8Ptlon
We rnlhlng to report In respecl of the followlng mallers ITr relèuon to Ythch lh8 Ch&ilUo$ (Ac￿1￿￿ and
Reports) Regulallons 2W6 requlro us lo ieportto you W, In oUr0￿nIOn..
the Inlomiauon g1¥8n In the fingnd81 $1818rnen18 Is In¢oDstslenl In any malerfal re$potl ￿￿¢h th8 TTU81888'
report.. or
su(ficlentÉctounllng records hw8 nol botrn l¢pt', or
th8 fin8nchl $t8tem8nl8 aio nol In agreeMent￿lts ihe tsc¢ouni(NJ records., or
wé have nol re￿Ved all Ihe Informalbn and expl8nalbn•w8 [eq￿ra oui audll.
13-

LARNE YMCA
INDEPENDENT AUDITOR'S REPORT (CONTINUED}
TO THE TRUSTEES OF LARNE YMCA
Respon8lbllltl81 ol Trus(805
As expl*n*d tnore fulw In tha $liiemenl of7rust￿¥, r8spon61bilhi&s, Ih8Th1818¢$, Ytho are 81so Ihè dlrodors of Ihe
chartty for the purpose of tompany law. are Tr5pon3Ib18 f￿the PFeparailon of the fmanclal 8latÈmenl$ 8nd for belng
satlsfied thal Ihey glve a and faIr￿tsW, and for such Ini¢mal conlrol a$ the TrLK%lees dèletmine IB ne¢e$58ry10
enabLq th6 waparatton of Nn8ndal 518tsmon18 Ih81 arè free from matsrFal mlss181emenl, vthelhw du# to freud or
wror. In weparhg Ihe fSnand81 $l#lemenl$, thè Tmslees are iespoD8lNe lor 8tse$slro the ch8rtty'¥ abb￿(Y to
onllnue a$ a golng cortem, d￿clOSIng, as #p￿Icabl$, maltsrs relaled to golng ¢￿￿ern and vjlng iha golng
cthxem ba8ls of acewtlng unless tha Truslees ellh8r lo liquidala thè ¢harllabte tomp8ny or lo cea$e
operallons, or havè no reallsuc allernal￿O bul lo do 80.
Audllo*ts r•$pon¥lbllltlès fortho audll of the flnanclal $tatsmeNI¥
We have been appolnled as audllor under 5eclbn 65 of tho Charflles Act (Norfhem Ir&l&ndl 2008 and rel￿ In
a¢cor(lancewilh Ih•Acl and ralevthnl re9ulalbn8 mado or hthng 8ftectlh#mund8r.
Our obleclives af8 lo obtdj Trason8￿• asÈurance aboLrt whelher lh• financlal $lalgments as a wholo are frèo from
material mi98lalement, whelher due to fraud or error, and Io is8u8 8n audllorfs roport that Includes our ophlon.
Rtt550nable assurance Is a hlyh le¥eJ of 88suran¢e bul Is a 9uarothee that an audll conducted In 8ccord8nc8
wilh ISAS IUKI WIN d¢le¢l a mal8rf81 mIS￿￿temSn¢ vth8n il 9Klsls. Mlsslalemenl¥ can arfse Irom fiaud or
eiror and gre cong1dared m&tèrial11, Ind￿[do81￿ orln the aygrtyqle, they could roaBonably be expÉ¢ted lo Influtnce
the e¢onom1cd8ds￿ns of v5ers lakan on basls of Ihes¢financlal st818mentÈ.
Irregulaiitles, Indudlng fr8ud, ar• Inslances of h¢nh¢ompllan¢e ￿thlaWS and regulalk)n¥. We de8kJn procedurni In
ne wllh our re8ponslbUIII8È, ¢Ulllned above, to delecl malerlal mI551818monls kn o$p8Ct of Irrégylarflles, Indudlng
fr8ud. The exlenl lowhlch ourprocedures arè capabl• of deleoling Iwularillel, includlngf¥aud,1s de(8lled below.
A furihèr de$GripUon of our fe$pOnsI￿lI11Q* 18 4vailable on Ihè Flnanclal R8wUrvJ Coundl'8 wobsllo al., hllw'.11
w.frc.org.
udlloFsre&p¢nsiblli1181. Thls dè&trfpUon lormi part olour8udltoi'$ report.
ppor18eThlor StatvtoryAudltorl
MBS ChartfrredActount•nt
3 Hiqh Street
Latng
Co.AnhTm
BT40 IJN
MBS Chart8red Attountsnls Is ell01b￿ for appohlm8nl 8$ audilow of Ihe chsrlly by vlrtU8 of el￿￿bIl￿ty for
appokthenl 48 8udSlorof o tompany und8r of $g￿lOn 1212 oflhe Compan￿$ACt 2006.
14-

LARNE YMCA
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITUREACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrvstil¢¢•d Restrlcted
funds
lund8
2024
2024
Total Unrèstrictsd Res￿1¢18￿
runds
fvnds
2023
2023
Tolèl
2024
2023
Not88
Donalbns and legBdè&
CharilaU8 acllvllles
Inve51ments
soo
183,235
6,104
396,717
397,217
183,235
6.104
2,874
125.665
4,895
305.360
306.234
126,885
4,Bg5
Ttytal In¢omo
1Bg,639
996,717
686,658
133,434
305,360
438,794
Chartla￿V
195,978
390,829
570,005
162,558
295,360
4S7.918
Net IncomgllexpBtydlturèl lor
th8 yoail
Nèt movtrm8nt In funds
3,863
5,B88
9,751
129,1241
10,0(K)
119.1241
Fund balanc88 811 ApDI
2023
603,434
48,502
551.938
532,558
571,062
Fund balanco8 at 31
March 2024
507,297
54,)90
561.667
503,434
48.504
551,938
Thp sbièm8nt Offi￿n￿81 acliviV¢$ In¢ludes 81193lns loi&eÈ rtcognlsed kn Ih&year.
I Income 8nd expgndllur• derEv•from conllnulny aclMIIo&.
Tho slalemenl of r￿On￿81 acuvltles •lÉo C￿￿188 ￿th the Teq[Are￿￿ts for an In¢om8 and expendllijre 8Gcounl
under the CompanlgsAd 20￿.
16-

LARNE YMCA
BALANCE SHEET
ASA T 31 MARCH 2024
2024
2029
Not•s
ran9lble 85sel
Cuitsnt as8818
Debtors
Cash at bgnk and In h8nd
416.838
406.181
11
56.656
104.634
17,297
132,3QO
161,19D
149,597
Cr•dltOM'. 4mount8 falllng dugwllhln
ontryeor
12
118,3411
15.8401
N81 ¢UTrenl 8858lB
144,849
143.757
rolal a8S6ts le¥8 ¢urr8nt Ilabllltles
561,6B7
551,938
Incomoluttds
Restr￿ted fund$
Unre51ricted funds
54,390
507.297
48,$04
503,434
561,687
551.938
Th8 company18 enlllled 10 the gxempllon from thè audll requlr6monl Gonlalned In secllon 477 of th8 Companl$sAcl
2006, for the year erysed 31 March 2024. ￿thOUgh audbl has b9en ¢arrled out under $ecllon 144 of tht Ch8ril188
Ad 2011.
Th8 direclois a¢knovAodge Ihelr responsI￿lItI￿$ for enswing that lh9 charily k6ep$ 4¢¢wnllrg iecord¥ wNch
complyvAlh 8ectM)n 386 of IheAcl and for preparing finandal slalèmenls whkh 9lve 8 Irug and faIrvk￿ ollhe slate
of affalrs of th& comp8ny a$ al Iha ond of Ihe financlal ytrar and of Hs IncomlrvJ resources and 8pplKalron of
resources. Indudlng ils Income and exppndliure, for Ime finondal year In actord8DCa vAlh th8 req￿reMen1$ or
secilons 394 and 396 and whlch Oth¢Th￿Se compPy ¥￿1h tho requiremetts of the Companle8 Ad 2006 relaung to
n8nciBI $1glemenls, so far a6 ap￿Ic9b1e lo the Company.
The mombtrrs have nol raqutrad wmpany lo obtaSn 8n Èudll of 11$ finart¢lal stgiernen18 uThJgr Ihg req￿rements
of th6 Compgnles Ac12006, f￿the year in queslbn In atcordance wllh $eclk)n 476.
These fin8nclal slalemenl$ hav8 pTÈpated h 4cc(Ydan¢8 wilh Iho provlslons ÈppllcabLg io Lomp8Dle8 8ubl8Ct
to Ihe Sm￿1 compgnles re9lma.
Thg financlal 61alemants werè approved bylhè Trnslèes on.....
Mrs Laura Steel
Tru8t?o & DlreGtOT
Company R•gl$traiioTr Ilo. N1069370
16.

LARNE YMCA
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Ac¢oun¢lny poll¢lo0
Ch4rlty Inlormatlon
L8rr*YMCAlts a pfvatè company Ilmltad by 9Uor8nle8 Inco￿￿01ed In NortherTr Ireland. Thè r8918lerod 0ffl¢o
1$ 34A Pound Streel,, Lar••, CoAntrbn, BT40 ISD.
1.1 A¢tountlng convontlo
Thg fin8nclal 51plem&nt¥ hav8 be8n proparad In a¢¢ord&nc8 wilh Iha ¢h8rliYB1govemln9 do¢um8ntl. the
Comparfets Act 2006 and 'A¢¢ounllryJ aTKI Rewuw by Chèiill&s'. StsteThenl of Recommended Pracllc
appllcablé lo ch&rbll¢ts pi8P8rlng lI￿r accgunl$ in aGcordan¢e the FIna￿la1 R8porflng Standard
èppYl¢ablg In the tJK and R8publls of Ir8land IFRS 1021 leffedivé 1 January 20191.. Thg charlty 15 H Pubkc
B0n8fj1 Enllty 88 defined by FRS 102.
The charlty has llken odvanthga 01 Ihe pi0vlsl￿I ln th• SORP for tharnles app￿n9 FRS 102 Update
Bullelln 1 not lo prep&r& a $18lemtsnlof CaBh Fk)ws.
Yho fin•nclal 51elemenl8 are pièpared In slerllng, whkh Is the fvnrlk)nal vjffonty of Ih8 ch4riiy. Monelary
amounls In thes8 financlal S￿￿mInIS are roundad to the ne8rasl £.
Tho financi91 S￿*m8n13 havtr baen pr0par8d undor lh& hl8torfcal Ctsst convenllon. modsned to Includ8 Ih
révalualk)n of freohdd wopertles 8nd lo Indud¥ Iwesiment w¢periies and tert81n I1￿￿￿81 In8lNm•nl8 81 falr
value. Tho princlpal 3¢¢¢unllng poll¢lg8 adopted ore 881 oul below.
1.2 Golng concer
Al Ilmo (>f approvlng tho flnèncl81 s1olem8nl$, IhtrTrLFbtee$ hm 8 reason3bl8 èxpeclallon that the ¢harfty
h8$ edequale rèsources lo conllnu8 In op8rallonal exlsl•nc8 lor Ihe foreseeabl8 fuiure. Thu$ thè Tru%l¢èts
contsnu¥ loadopllhè golng concern bas￿ of •c¢ounllng In pr•p8rfrvJ Iho ￿nancIal ¥lHt•mants.
1.3 Charl¢ebl8 funds
Unre8lricled funds ar• avall8bb for usa at lh# tllserelbn ol Ihe Tru8lees In fiKiheranGtr ol Ihelr Ghadlable
b￿l￿e8.
R8strki8d fundts ¥r8 8ublecl Its specinc c¢ndlllon$ by (k)nor8 as lo how they mpy b8 u88d. Thts purFQ$eS ond
U$0¥ DI th8 rest￿clad fundi are ts8toul In Iho no188 lo fSn8rt181 stslemenis.
Endowment fundi 818 8ubSeol Io 8peclflo coDdllbn8 by thnors Ihgt th& capllal musl b8 m81nloln8d by Ih
¢h8rlty.
1.4 Incom•
Incom8 Is Tecognl$ed when Iht cbarlty Islegally enliued lo It arterany perform8ncè con(llllon$ htsva baen mol,
amoun18 ¢an bo m&asured rellabfy. and1118 probable that Income YAII ba r8¢efved.
Cayh donallons 8re reco9nL4ed on r8c8lpl. Olher donalopg ar8 rncogniÈèd thè ch8rKy beèn nollfled
Df Iho donauon, unletss ￿rfOrm￿￿e condilbn$ iequlre defeN81 of the &mounl. Incom8 tax iecovwabl8 In
r8lailon lodonallon¥ recelved under GiftAld or d¥ad8 of cov•n8nl Is recognlsed al th8 of Ihg donallon.
leg8cl8$ 8ro reco9nl¥ed On recelpl or olheNA88 If Ihè th&rily has been no￿1[￿￿ of an lfflpèndlng dblrlbu110n,
the tsmounl 1$ known, recelpl Ib $Kp8cl8d. 11 th8 8mount Is not known. lh8 ￿98￿ l& tr88led #¥ 8
COn￿ngeTht 885et.
17-

LARNE YMCA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounllng ptsllcl•8
lcontlnugd
1.5 Expendltufg
B8sF¢ fiD8ncl&l labNiUes, Inttludln9 credllwo and bonk108na are In￿aNY recogrtsed at traniacuon prfco unlesj
the •rraThJemenl consillule5 a finaiKing Irans#¢1￿￿, where lh& debl in51rumÈnl Is m8o$ured 01 the wesenl
vtslye of th6 future payments ols¢ouDled al a t￿rket rtslè of Inlerosl. Financlal li8bSUlle¥ da$s￿ed as payable
vhlhln ono year ara noi 4mortS$ed.
Debt inilrumenis are sub8e4uenlly C￿rfe￿ 91 arfK)rt18ed eo$i, uslTrJ thè effecUv• Inleresl Talè m8lho(J.
Trade ¢redllor& 8Te obllyalbns to pgy for goods or seNlte$ that have been awuired In Ihe ordlnlry course ol
operallon$ ffom suppllers. Amounts pay8bTre are cla$$itled as Curfe￿ 118bllitle8 If paymèth Is due ono
year or If not, Ihey ei& pr¢senl8d a$ non-currenl Ikbllilles. Trad8 credllors are re￿9￿1$ed Inllltylly 81
tran8aellon pilce atHI subsequenlty measvied al amortised CO￿ U￿n9 thè effecuve InleF8s1 moihod.
f.8 fangltyle nx8d aJ•ots
T8n9lbL8 fixéd assets 8r6 InllFdly measured Bl c081 and subs8qvtynlty m88$ured al tosl Of valu8llon, ntl ol
depreclalk>n and &ny Impalimanl10s¥es.
Depre&al￿n ￿ r8COgnl$ed ao as lo wrile otrlh$cosl tsrvalu8Uon of 48881$1o•8 Iheli rèuldv81 OVtrlh&h7
Useful Ilvos on iha fdloyhng b86•S'.
Freehdd land and bu￿￿ing$
Ltrosehokl18nd 8Dd buSFdhg5
Fl¥lure8 and Jllllng8
Molèr vèhldeJ
2% 6tr8iohl lina
1% slraw Ilne
101% & 33.33% Ètrnlghl Iln
25% reduclng balanc
Th8 galn or loss gr18hg on lfve dlspo$sl of an assel 18 delemln&d 88 th8 dlfferenco beiween th9 5818
proc¥ed$ and Ihecarryrfng value ellhe assel, and 1$ recognised In nel lncome1lèxpe￿l1vr￿> foi Iheyepr.
1.7 Impalrment of flxed assèts
At each reporting erKJ dale. thè dTr8rfly ￿vIewS Ihe caitylng amounts of 118 langlble 8sset8 to del8tmlne
w￿1h￿r Ihère Is any Indi¢&llon that thos& aBse16 hève suffered an Impatrmonl ltsss, 11 any $uch Indkallon
exlsls. Ihts recoverable amount ol Ihe asÈel l¥ 8$llmpled In ord•r lo doiermlne tho exlenl of the ImpBIFrn•nl
Ios8 Of aryl.
1.8 Cash •nd ¢a8h •qulvalethts
CB$h arKI c8gh equi¥alenls Include cash hand, deposll$ htrkl 81 ¢all wilh banks, other short-leim liquld
Inveslmenls ￿1h origlDal malurille$ of three months or less, and bank o￿T￿r8ft8. Bank overdraft¥ arè shown
WI￿1￿ boirowhgs In ¢uri8nl h'ab￿1101.
1.9 Flnancl811ths¢rumettts
The thRrity h•s eleoled lo apply lh8 provSslonB of Secllon 11 'Bgslc Fin8ndal In&trum8nl&' and Setttk)n 12
'Olh8r Flnanc181 In51ruments Istsues, olFRS 102 toall ol H8 financFsl Instruments.
Flnan¢lal Instrutnenls 8rg recognised ITI Ihe charflyB bal•n¢o a￿01 vthen Ihtr Gharfly becom88 party lo Ihe
con118etU81 provlslons ollhg Insllumont.
Flnanc181 asBel$ 8nd liabllill88 ar0 Qllsel, wlh the nel gmounls presenled in th8 financlal slèl¢m8nls, when
IheFe Is a legally 8rttheab￿ rFghl lo sel off Ihe lec09￿Sed amounlg and there l& an Inlenllon 10 88lUe on
nel bas1& or lo r8a1159 tho &86#18nd Belutr the 118￿111Y $imulianèousty.
18.

LARNE YMCA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
ACCO￿￿tIng pollclfr¥
Iconttnu•tJl
B8$1c Ilnanelèlassots
80*¢ financlal 95Set9. whlch IndLkl8 deblorn and cash and bonk balance5, Br8 Iniilally measured ai
IransaclloA pttee IndudlrKJ Iran58GUon costs and #re stsbsequenlly c&rrled al am0￿sed cosl u51ny tho
efl8Ctfve Inlere81 method unl9$$ lh8 arfong•m8nl Conslilthts a financlDg transacuon, wher& *he Iransacllon
mtaswed at Ihp presenl valutr of the futuro r¢celpl$ dlscounltsd 81 a market r* of Inleresl. FInIn￿al Assets
da$$lfled a$ receivgble I￿1￿1n ontsy8&r8re notamortlsed.
8•sle Iln8ncl•lllablllll8S
Basic financlal 18bllMlÉ$. Including ¢redllois and bank108ns are Inthaly recegnised at tsansacllon prfLe unless
the air8ng¢ment conslitule8 8 ffnancSny transacllon, whw8 Ihe debt inslrument Is meatsur8d al Ihe PT&$8nt
¥81u8 of Iho lulure payments dl8counled 8t & m8rko1 mltr of kntsresl. Flnsncial Ilab111110$ ¢198$lfied 88 P8ypbl&
wIiNn one notamortised.
Debl In$lrumenig pre %tsb8equeDlly carrt8d el am(Nllsed co81, u¥lw the 8ff8cilvo IDtere8t ral8 mo1￿)d.
TT8d8 credllorn ar& obllogtiths lo pay for goods or $eTvlw that have beett acqulred In IhJ ordln¥y coursè of
oparalbns Imm stjppllers. Amthjnts PaY8b￿ ara classlfied as ¢urrenl IlablUli8s If payment Is duè w51Nn ono
yoar or less. If not. Ih8y are wesenled es nth-currenl 11a￿1111￿6. Tiade Cfedil¢rs are recogntsod Inlltslty al
tran$8cUon prfcg and svbsequenlty measured Bl #mortised cost uwnu Ihe effecove Inter681 method.
Dèr•co9nlllon olflmnclalllèbllltlés
Flnanci)1118blllll8s are derec0gT￿$od whon Ihe ¢horlly'* conliacluol otllgatlon5 9xph• or ar8 dlschBrgèd or
c&ncolled.
1.10 Employ00 bonollts
Tha c051 of any unused holday 8nlMlemènl18 r8cognlsÈd In the perfod In whlch the omploye8'$ se￿¢11 ar
rocd¥8d.
Tefmlnabon benef￿S aro recognlBed Imm8d1alely 08 an expense whèn the thailty 1$ dèmonslraNy commlttad
to IoTmlnale th6 employmBnl ofan employee or lo provld• termqnolion bentsfts.
CrlllGal a¢countl•g oitlm&to¥ and ludg8ments
In iha 9pp11c•lk)n ef Iho Gh8rNy's 8ccounbng pol￿e8. th8 Tru818es •re requlred lo mfjkg ludgemenlb,
e511males and a$$umpllTris 8Fx)ul Iho c8rrylng amount of assets and Ilabllrfies that are Tratsyly app8r8nl
from othpr sources. Th& esllmales gnd 88soclaled as$umWons 8Fe based on his1￿1¢01 èxpor16nce and olhor
facioF8 ihwl 4T¢ ¢0Th8ldered lty ba relev8nLAclu&l re8uMa m8y dlffei from Ih¢s8 a$llm8le¥.
Th9 èsllm8les and undedylng o$sumpllons ara revlewed OD an ongolry basls. Revlslon$ to aceountl
e81img1é$ are recow16ed In Ihg pÈiiod Sn whkh the 881Smale 15 révised where Ihe revlsbn ¥ffecl$ ¢mly Ihal
P8fEod. or In th8 pertod of th8 rO￿810n and fvthire period8 where Ihg revlslon affeol$ ivlh Cuiienl future
pefbd¥.
19-

LARNE YMCA
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
DonHllon8 and1ouHcl88
Uttts$trlcted R¥$lrtct•d
fund$
furtds
Total Unreslrlclod Reslri¢led
funds
funds
Tot81
2024
1024
2024
2023
2023
2023
Don81ions and glftB
Gr8nls rece￿ats
500
396.71Y
2,874
2,074
305,380
396,717
805,380
500
396.717
397,217
2,874
305,360
308,234
Donatlon& anLI gSfi8
0￿01¥
500
500
2.874
2.874
soo
soo
2,874
2.874
Grant8 r•¢alvoblo for
cor8 aCtlvlll•$
Nerthem Health & Soclal
Setvl¢esTru$t
Edu¢allonAulhorfly
Chlldrèn In Need
Mld & EastAntrm
Borough Coullcll
Olher8
Wood¢n Spoon
Th& Execuuvo Office
Th6 Blg Lollery
Departmenl For
CoMmunS118$
180
149.343
1S,000
21.224
179,670
23,171
21,224
179,670
23.171
149,343
15.000
29,586
30,269
29,596
30.209
3.781
12,634
10,000
45,0(Y)
10.000
3,761
12,834
10.000
45,000
10,000
46,338
107.033
46,338
107.033
18,958
18,958
396.717
396.7f7
305.380
305,360
Charllabl• adlvltlvs
2014
2023
After school fee8
163,235
125,865

LARNEYMCA
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
InvBStmont
Unr09tr1cted UnT8slrkled
fulld8
fund8
2024
2023
Renlal IDcom8
Solar panel$ Income
Inlère$l recebvabll
4,563
1.252
269
3,600
1,283
12
6.104
4,695
21

LARNE YMCA
NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
¢hailltsblg 8Ctlvhlts
2024
2023
Slsff cost
Depr6d811(¥i and thpalrment
Food & hoswtèlity
Rent & ralè
Material$ and equlpmenl
Injurar￿&
Llghl & hègl
Repairs & malnleDanca
P051ag8 & stell0￿ry
Telephone
Legal & PrOfeSs￿n81
OuNngs & even
Sundry exp8nse$
Trolnlng
328,227
30.526
16,549
2,782
34,734
284,eS8
22,255
7,220
1,723
27,777
0,933
11,816
19,692
1,542
1.239
19,142
21,243
3.433
4,371
12,417
68,414
5,550
796
59,071
7.351
4,871
573.245
455,950
Shw8 ofgovefn8nce ￿31${Setr note 71
3,660
1,966
576,806
457.918
An4ly51s by fund
Unr8slrfded l￿dI
Re8Irf¢i￿ fund8
185.976
390,829
576,BOS
Fortho year oJ)ded 31 March 2023
Unreslrlcled funds
Reslrfcled lund$
162,558
29S,360
457,918
-22-

LARNE YMCA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARGH 2024
Support cost&
Support Go¥orn8n¢8
costs
Casts
2024Support ¢otsts Governo￿8
co$1$
2023
Legal and profes$lon&l
3.560
1,968
1,96B
3,560
3,560
1,968
1.966
An8ty8ed b¢lwe8n
ac11v￿1•$
3.560
3,560
1,968
1,9e8
Governanc8 cos1¥ kndud88 paym•nl8 io the w￿1￿10r& of£3,38012023- £9601 foraudll & accounlancy fees.
Non8 01 Ihg Twu•tsa8 lor ony ￿rSon8 ¢onnect8d vAth Ihtrml rec8lved pny remunerallon or b•nefilJ Irc*n the
charfity durtng Ihg yè81.
Employee
Th8avor8go monthly numbarelempk)yee$durlng Ihe y8arwa¥'.
2024
Numb•r
2023
Number
27
Employm8ntCO8ts
2024
2023
Wages •nd ￿18￿88
328,227
264,e58
Thèr8 8r• N) employeg¥Ythosè annual remunerallonwa8 9re8lerlhon £60,0(X).
-23-

LARNE YMCA
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
10 Tlnglblo Ilxld 015818
Fr••hold lin
Ind btsiidlngi
Le4••hold Flxiurfji andMtstorV?h￿￿5
rat•1
bNlldln
Cost
At 1 Aprl 2￿45
Addtlbn5
487,840
30,000
85,438
26,683
6,250
12.500
589,328
39,183
Al 31 M&rth 2024
487,840
30,000
92.121
18,750
628,511
O•prè¢lollon and Impalrmottt
At 1 Awil 2023
Depiedallonthayued In yBar
116.400
9.700
3.600
300
54,980
17,380
e,167
3.146
181.147
30.526
At 31 Plarch 2024
126,10D
3,900
72,360
9,313
211.673
Carrylnu amount
At 31 Mgrch 2024
381,540
28,100
t9.781
9,437
416.836
Al 31 M8r¢h 2023
371.240
26,400
10,45B
83
406.1B1
11 D8bioYg
Amounts falllno du• wlthln on• yB4T'.
20Z4
2023
OthÈr debtors
56.668
17.287
12 Cr•dltorg: amouDl¥ falllng duo wlthln ong yobr
2024
2023
Tr8d& credllot8
0lher¢rÉdilor8
AccN#ls and defe￿￿d Incom
6.824
7.156
3,361
4,OBf
1,759
16.341
6,840
-24-

LARNE YMCA
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
13 Anoty¥1¥ ol nBto58èts bèlw8en funds
UnrestTlct8d Rèstrlcted
funds
futhds
2024
2024
Total Vnresirkled Re$liiGl8d
fund8
furn1$
2023
2023
Tot81
2024
2023
Fund balan￿81 31
Maich 2024 aro
rewesenled by..
TÈnglblè asÈ&ts
397.178
110,119
19,660
34,730
416,838
144.849
399,575
103,859
8,608
39,896
408,1B1
143,767
507.297
54,390
581.697
503,434
dB,504
551,938
14 Relatsd p8rty tran8actlon$
Thgr8weio no dlsclos8bLq re18led partytransacllons d￿Tr9 lh8 yearl2023- nortg).
-26-