Charlty reglstrati¢)n number NIC100923 (Northern Ireland) Company registratlon numbor N1044482 MACS SUPPORTING CHILDREN & YOUNG PEOPLE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 MACS SUPPORTING CHILDREN & YOUNG PEOPLE LEGALAND ADMINISTRATIVE INFORMATION Trusteos Mr Michael Dawson Mrs Llgouri Dobbin Mr St8phen Green Mr Albert Hamilton Ms Sandra McKIIIop Mr John Meikleham Ms Ald8en O'Neill Ms Karen Mccory Mr Andrew Tubman Mr Gr8g Yarnell Mrs Joanne McDonnell (Appolntsd 29 August 2024) (Appointed 27 February 2025) Charfty numb•r NIC100923 Company numbor N1044482 Règlsterod office 303 Ormeau Road Belfasl BT7 3GG Audltor HM Chartered Accountants 6th Floor East Tower Lanyon Plaza 8 Lanyon Place Belfast Co. Antrlm BT13LP Bankers Ulster Bank Llmiied Universlty Road Belfast BT7 1JG Sollcltor8 McEvoy Sheridan So16cltors 344 Omieau Road Belfast 8T7 2HL Edwards and Co. 28 Hill Street Belfast BT12L4 MACS SUPPORTING CHILDREN & YOUNG PEOPLE CONTENTS Pago Trustses, r8POrt Indep8nd8nt audilorfs report 12-15 Statement of flnancSal actlvities 16 Statement of financSal posltlon 17 Statsment of cash flow8 18 Notss to the financlal statements 19-28 MACS SUPPORTING CHILDREN & YOUNG PEOPLE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The trustÈes are pleased to present their report together wlth the financial ststèments of the charlty for the year anding 31 March 2024. The financial stalements have been prepared in accordance with the Statement of Recommended Practice (SORP) 2005"Accounting and RewrtirwJ by Charities.. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's goveming document, the Companies Act 2006. FRS 102 The Financial Reporting Standard appllcable in the UK and Republic of I￿land, and the Charities SORP 'Accountlng and Reporting by Charitles.. Statement of Recommended Practice applicable to charities preparing their accounts in accord8nc8 with the Financial Reporting Standard applicable In the UK and Republlc of Ireland (FRS 102)" ObJectlvo8 and acllvftlos The ch8rOlabl8 objectives of the company are to provlde 8 range of seNkes for children and young people, aged 6- 25, "who have not had a falr deal" l.e. who have experienced care,. homelessness or risk of homelessness. mental health Issues,. or are al risk of suicide and s8lf-harm. in the Belfast, South Eastern. and Southern Health and Social Care TrustAreas. Vlslon, ml88lon, valu0$ Vl¥lon: An end to Youth Homol•88nefjs In Northèrn Iroland MIs81on: Togèther wo wlll empower young people on their Journoy to find a safa place to call homè and bulld brlghter future8. Our Values Everythlng we do as an organisalion Is underpinned by our core values. We live thes8 values In the way we interact wllh colleagues, children and young p8ople and all external stskeholders. Ovèrarchlng Valué- Togetherne88 All members of society are connected. What affects one of us affects us all. W8 share a responslblllty to end youth homelessness In Northem Ireland. MACS exlsts to support and 8mpower children and young people to leave homelessness behind and bulld posltlve futures. We cannot do this alone. MACS exists to support and empower children and young people to prevent and address homelessness. We develop innovative partnerships and constructive, cohesiv6 relationshlps intemally and across all se¢tors of society, uniting people to create better outcomes for childr8n and young people. brlng 8 Posltive Impact In the community and to realise our vision. Together, we can end youth homelessness In Northern Ireland. DIGNITY We hold our young people in high regard, we are non-ludgmenlal and treat everyone with dignlty and respect. We value diversity, challenge discrimination and create indusive safe spa￿5 for all. EMPOWERMENT We encourage, equip and empow8r young people to transfomi thelr lives and find a safe place to call home. RESILIENCE Inspired by the resilience of our young people, we aro determined and we stick with each other. We build on our strengths,. learn and grow from experience; adapt and innovate In an evolving environment. COMPASSION We are caring and compassionate. We empathise, support, and encourag8 young people because we believe In their potential. MACS SUPPORTING CHILDREN &YOUNG PEOPLE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 PURPOSE We are practical. wlth a 'hands on. and a 'can do, attltude. Everythlng we do is done wlth integrlty. In our pursuit of excellence, we are open and accountable for our actions. We are trustworthy and do whal we can to support young people in their journey away from homelessness. Our servlco8 Supported Houslng Servlce The Supported Housing Service supports young people leaving care and homéless young people to make the trar&Sition to Inlerdependèn¢6 and their own lenancy. We do this by providing individualised support to young people that is led by, and tailored lo their needs. Support is based on identifled needs and is complemented by a rangè of one-lowone and group work interventions. The Supportèd Housing SeNlce includes.. 18 self-contained flats located at Univèrsrty Street, Belfast for care18avers aged 16 to 21. 8 self-contalned flats located at English Street, Downpatrick for 3 care leavers, 3 young homeless, 1 short- tenn a5sessmenl flat for 16-17 yèar-old young homeless, and 1 assessment flat for unaccompanied minors. 7 self-contained flats located at Canal Street, Newry for care leavers aged 16-21. g self-contained flats located at Longslone Street, Lisburn for 3 care leavers, 4 young homeless, 1 $hort- term assessm8nt flat for 16-17 year-old young homeless, and 1 assessment flat lor unaccompanled mlnors. Wellbelng S•rvlce The Wellbeing Servlce provides one-tO-on8 SUPPOrt. mentoring, and group work for chlldran and young people aged 16-25 across th8 South Eastern Trust areas. This Serv1￿ uses volunteers to inspire children and youn9 people by nurturing their dreams and aspiratlon8 and to provlde social opportunities promotlng posltive mentsl health. Floatlng Support Servico MACS Floating Support consists of four services In Belfast, Lisbum, Newry and Downpatrick. W8 offer voluntary, flexible, and person-centered holistic services to young people aged 16-25 to address homelessness or the rlsk of homelessness and to enable them to establish.and maintain Interdependènt living in thè community. Each young person will hav6 a tailored support plan Ihat addresses identified individual needs. We are contracled lo provlde support to 127 young people in Greater Belfast, 72 young people In Llsbum, 25 young people In Newry, and 79 young people in Oownpatrfck and the surrounding areas at any one time, Shared Tenancy Workhg In partnership with the Northern Ireland Housing executive, MACS Shared Tenancy Project offers an affordable housing option for 40 young people aged 18-25 who are leaving care, faclng homelessness, or in need of stable accommodatlon. By providing shared livlng spaces, the project not only helps reduce the flnancial burden of housing but also creales a supportive environment where young people can combat lonellness and isolation. Livlng with others in similar situations fosters a sense of community and belonging. Alongside this, MACS staff offer practical and emotional support, helping tenants build essential Ilfe skllls, grow In confldén￿. and move ioward independent livlng. Prison Resettlemènt MACS People Prison Resettlement Project supports 20 young people aged 16-25 as they transition from custody back Into the community. The project aims to reduce reoffending by providing tailored. one-tovone support before and after release. helping young people access safe accommodation, educalion, employment, and mental health services. MACS staff work closely wlth each individual to bulld trust, stablllly, and resilience, empowerlng them to make posltive choices and create a more secure and independent future. Space to Grow spa￿ to Grow 15 an early interventlon, emotional wellbeing seNice delivered by MACS Supporting Chlldren and Young People, in partnership with The Children's Society, as part of a national project funded by BBC Chlldren in Need's A Million & Me initiative. It is designed to support children and young people aged 8-13 years old nationwide so that they can feel happier, supported, and safer. Through spa￿ to grow, The Children's Society along with MACS and Children Flrst in Scotland are working in partnership to encourage innovative solutions for targeted earfy support and build a body of evldence that we can use, as a sector. to improve the systems around young people so that they can get the right support al the right tim8. MACS SUPPORTING CHILDREN & YOUNG PEOPLE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 With Space to grow, children can get the help they need to understand and deal with thelr feelings, bulld strong relationships, and communicate. Whether it's one-trj-one support, joining a workshop, or speaklng to a specialist project worker online or by phone, Ghlldren can get the support that's right for them exactly when they need it. There's advice, information. and resources for parents and carers too. Led By You Led by You supports young people to get Involved. and hav8 their say and It provides them with opportunities to influence how we do things at MACS. Young people can becom8 young leaders, participate in forums and locality- based subgroups, and get Involved in MACS fundraising and volunteerlng opportunities. OUR YEAR IN NUMBERS MACS supported 731 young pèople 87 young people accommodated In our Supported Houslng Servlcès tk)wnpatrick = 25, Newry - 14. 430 young people supported to find or maintaln their accommodation in the community with Floating Support- Belfast = 158, Llsburn 140, Downpatrlck - 94, Newry = 38 35 young people were supported in our Wellbeing S8rvice 92 young people w8re supported in Shared Tenancres 44 young people were supported by Prison Resettlement 91 young people supported lo bulld resilience in schools 69% of young people found accommodallon 809kn of young people malnlain6d their own tenanclgs 720/0 of young people improved their mental health 80% of young people improved their soclal ne￿orkS 80% of young people accessed the correct beneflts 81 % of young pèople are bett8r-man8ging self-harm and sulcldal ideation Males 43.1% Females 48.8% OtherlNon bInary￿ranS 8,1 % Belfast =24, Lisburn 24, Number of rent d8po$lts paid 12 (EY Houslng Fund) Number of Grants HOTC-6 Grants totalllng £1,859.87 EY ETE- 13 Grants lolalllng £3,586.96 Number of supported housing units = 42 Number of shared tenancy properties - 27 MACS SUPPORTING CHILDREN & YOUNG PEOPLE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Achlovements and p8rh>rniance Our Strateglc Alms Alm 1: Innovato and transfomi serv1￿ dellvery for young pooplo 1.1 Improv8 efficiency in project management 1.2 Undertake an end to end digital transfomiation programme 1.3 Develop our website and soclal media pres6nce. Alm 1 HIGHLIGHTS Dlgitsl Transformatlon - Al MACS data moved to the doud, all stsff trained and uslng SharePolnt - New HR system Hark implemented. New Digital Marketing role rècruited New brand book dèveloped New digital strategy developed for 2025-2026 New wabsrte developed Increase in digital engagoment Reaccredlt8d for Cyber Essentlals Alm 2 . Bulldlng capaclty to support moro young people 2.1 Deliver a high standard of govemanca and accountabillty in our organisation 2.2 Increase our accredltations and awards 2.3 Increas8 public and stakeholder knowledg8 of our organisatlon 2.4 Develop partnershlps and new fundlng opportunities Alm 2 HIGHLIGHTS New balanced scorecard developed and implemented New Committee structure embedded, and Board meetings compleled Internal audlts completed on Risk Managemenl and Information Management and commenced on Health and Safety IIP Gold achieved until 2027 SP accreditation achieved until 2027 Shortlisted for 2 Chartered Institute of Houslng awards and a C03 Leadershlp award. Presented shared tenancy at the Intemational Youth Homeless Conference in Canada Increased local government presence including meeting with First and Dept First Ministers, Minister for Communltles, British Irish Council and local MLAS. Launched our New Strategic Plan 2024-2028 Increased organizational events and published a MACS Newsletter Delivered our annual Sleepout event. Became a member of Centrepoint and increased National networking MACS SUPPORTING CHILDREN & YOUNG PEOPLE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Alm 3.. Provldlng Sustalnable and Rollable Servlcos for young poopl• 3.1 Implement a recrultment and retention strategy 3.2 Support and develop our highly skilled and motlvated staff team 3.3 Implement an income generation strategy Alm 3 HIGHLIGHTS All funding contracts received an uplift Increased staff salaries Tumover reducèd to 330 Carried out 54 recrultment drlves Rècruited 31 nbw members of staff Reviewèd 24 HR pollclés and introduced 3 n8W Introduced Hèalth Shield for all staff Improved HR systems with changès to induction, exit questionnaire8, and appralsal. stsrted to explore opportunities lo increase fundraising Slgned up to new donatlon site Enthuse Staff ApP￿ClatiOn- set up of "Cheèrs for Peer8° on MACS Stsff Portal for staff to award r8cogn6tSon to colleagues. Live Well Work W811 Action plan establlshed lo promote improvlng staff health In the workplace. health champions Iralned Payroll savings scheme introduced in conjundlon wlth Clonard Credit Union Becarne accredlled as a Safe Place Zaro Toleranc8 to Domestic Violence and as a Disability Confident employer. All Managers trained on QuickBooks, monthly Finance Meetlngs held with Managers and new terms of reference developed 10 Finance Pollcies r8viewed and 4 new introduced Alm 4 Drlvlng advoeacy, collaboratlon and partnorshlp to d•llvor po8ltlv• outcome for young poople 4.1 Develop exi81ing and new houslng Options for homeless young people and young people laavlng ca 4.2 Grow our focus on prevention of homelessness for young peopl8 4.3 Implement Housing First foryouth Model 4.4 Dev81op services for young people seeklng asylum and UASC 4.5 Develop a collaborative and speclalisl approach toward therapeutic inleNentions. 4.6 Actively raise the voice of young people with lived experien 4.7 Increase population of young people In service creation and development Alm 4 HIGHLIGHTS Strategic alignment wlth the NIHE Youth Homeless Action plan working wlth New Foundatlons and Homewards to deliver new opportunities next year Increase in referrals to the Prison resettlement servlce and presentations made to the Heads of Children's services Developed a trauma informed practice model - 3 year actlon plan In place for the organization Increased our shared tenancies properties to 27 including 3 new properties outside of Belfast Consolidated our 4 Floating support conlracts into 1 Launched a new 'Space to Grow, project in parlnership with The Children's Society Secured and delivered 'More Than a Roof, grants to all our housing young people Secured 25,000 euro's from the Ireland Fund to deliver Heart in the Community grants Dellvered Every Youth Housing fund and Educatlon and Tralning Bursaries Joined the Upstream UK Network The Centrepoint team visited MACS Atterided the European Housing First Conference. Centrepoint conference. and attended neIJI￿rking evenls. Attendance al the All-Paty Groups for Housing, Participation and the Community and Voluntary Sector Young people servic8 reviews completed MACS SUPPORTING CHILDREN &YOUNG PEOPLE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Futuro Plans for 2025 2026 Completion of the digltal transfomiation project- new SPIN Develop our fundraising capacity with the support of Every Youth Continue to Implement a recruitment and relention strategy with f¢XUS on benchmarking within the sector Celebrate our 35th Birthday Commence new projects - Flourish In partnership wlth Hays and EY, Personal Payments in partnershlp with the Centre for Homelessness Impact and Future Builders In partnershlp with Every Youth Work with NIHE New Foundations project to Implement 'Upstream' Prioritls8 participatlon as a k8y area for development- Young People Action groups and forums Implement the communlcation plan Explore opportunities to establlsh a Nl Coalition for Youth Hom818ssness Commence the introductlon of a Trauma Infomied Practlce model for all staff MACS SUPPORTING CHILDREN & YOUNG PEOPLE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Publlc Benofit Statemant Purpose 1: "To provide a support service to young people with housing Issues, enabling them to establish and sustain suitable accommodation of their own and to provlde Supported housing to those In need of such arrengements which support thelr translllon to their own tenancy." The direct benefits that flow from thls purpose are that young people can access and maintain suitsble accommodation therefore reducing homelessnèss and risk of eviction. The Supported Housing Service and Floallng Support Service provlde a casework-based SUPF)Ort model, whlch enables young people lo identlfy their own support needs In order to assist them in maintsining their accommodallon. MACS uses a bespoke outcome monitorlng systsm 'SPIN' to analyse 20 key areas of support that fit under the five hlgher-level areas of- economlc well-being. enjoy and achlave, be healthy, slay safe. and make a p051tive contribution. MACS also completes annual service revlews which Include 1-1 feedback, group workshops, and exlt questionnaires wlth young people leaving the servI￿s. Thls purpose does not give rlse to any harm. The beneficiaries of thi5 purpose ar6 vulnerable young people aged 16 to 25 years who are at risk due to homelessness, family breakdown, or a care history and are living In the Belfast. Southern, and South Eastem Health Trust areas of Northern Ireland. There ere no private benefits to trustees, Purpose 2: 'To provide a one-lo-one mentorlng servlce to young people, empowerlng the young person to make choices and encouraglng them to reallse their potential". The direct beneflts that flow from thls purpose include a reduction in isolatlon and Improved mental heallh, a reductlon in self-harm and sulcidal ideation. Increased confidence and self-esteem, and improved coping strategies. Mentorlng enablès young people to have the chance to live, dream, and succeed with insplration from volunteers who ch¢Jose to spend tlme with them. MACS uses a bespoke outcome monltoring system 'SPIN' to analyse 20 key areas of support that flt under the flve higher-18vel areas of; economic well-being, enjoy and achieve, be healthy, stay safe, and make a positive contribullon. MACS also completes annual seNice revlews which include 1-1 feedback, group workshops, and exlt questlonnaires with young people leaving the services. This purpose does not give rlsa to any harm. The beneficlaries of this purpose are vulnerable young peopl8 aged 11-25 who are at risk due lo suicidal ideation, self-harm, and mental h8alth issues and are Ilvlng In the Belfast and South Easlern Health Trust areas. There are no private benefits to Iruslees. Purpose 3 "To provide interventlons to enable Increased safety, confidence and sèlf-esteem amongst young people, to relieve financial hardship by Ihe provision of welfara rights, employment and money menagement advice and provide support to young peoplè to progress Into education, èmployment and training" The dlrect benefits whlch flow from thls purposè include Improved outcomes in relatlon to young people 8ccessing, participating, and completing training programmes and securing and maintalnlng employment. Young people remain safe and Increase their self-esteom and confidence through peer support and alternative personal development interventions. MACS uses a bespoke outcome monitorlng system 'SPIN' to analyse 20 key areas of support that fil under the five higher-level areas of., economic well-being, enjoy and achiev6, be healthy, stay safe, and make a POs11ive contribution. MACS also completes annual Servi￿ revlews which include 1-1 feedback, group workshops, and exil questlonnaires with young people leaving the seNlces. This purpos8 does not glve rise lo any harm. The beneficiaries of this purpose are vulnerable young people aged 16 to 25 who are vulnerable and at risk and living in the Belfast, Southem, and South Eastern Heahh Trust aieas of Northern Ireland. There are no private benefits to trustees. MACS SUPPORTING CHILDREN & YOUNG PEOPLE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Risk Management To identify the strateglc and corporate risks that threaten the work of MACS, we apply the principles of risk management through a comprehenslve risk register. The Board of Director5 has developed controls through a mix of systeffls, people, policies, procedures, conlracts and other actlvities developed to mitigate, transfer or avold identlfied risks. The risk register Is revlewad by the Govemance and Risk Committee quarterfy wlth a Summary Corporate Risk Register reviewed at each Board meeting. The following process outlines kèy areas of r8sponsibility in rèlallon to effectively manging the risk reglster.. MACS SMT monltor extemal and intern81 changes for new risk potenlial and changes in the residual values of existing risks MACS SMT provides a summary of major and new risks identiflad for each Board meeting together wsth an evaluated risk score and proposèd controls and mitigatlon measures MACS SMT provides a summary of issues that may impact on the residual value of existlng rlsks, and actions that may ba required MACS Board reviews the summary and approves or update6 the rlsk 8valuation, a¢tlons and ownership, The summary risk register Is then updated to not8 the ￿ntrOlSIMitigallons as agreed wlth the Board. MACS Board revl8ws all Critical Rlsks to malntsin a dose watching brlef on the implementallon of controls and mitigations. MACS work Involves working with vulnerable young peop19 and a risk ￿ltUre has been ¢ultlvated to protect both those who use the services and staff. Thls Risk Register is informed by operational risk regislers across all servlce11neslfunctlons. Managèment of risk is a standing agenda item on monthly SMT meeting agenda, leadership meeting agenda8, Health & Safety meeting agendas and supervision meetings. MACS Risk Register focuses on the followlng areas: Governance Operations Flnan Extemal FaGtors l Repulation LggaS, Regulation and Compllance In addition, MACS has in place an Internal Audit strategy (2023-20261. During the year, the following Internal audits were completed: Risk Management Infomiation Management Reservès Pollcy MACS Supporting Young People would experience financial dlfficulties If its income dropped suddenly or was to run in the future at a level considerably lower than today. If the fall were of a temporary nature caused by a delay in reviewlng contractual arrangements, then reserves would be need6d to cover the income lost during the temporary period. In detemilning the level of reserves required, it is necessary to assess how long it would take to wind up MACS and the cost to run it during thls peri¢Jd, assuming a major fall in its level of income such that it no longér remained viable to continue to operate. Allowance would also need to be made for temiinalion costs such as redundancy and early settlement of leas8S and any legal and other professional fees arising during this pr￿eSs. In Ilne with guidance issued by Ihe Charity Commission. it would appear PTudent to set aside reserves representing approximately three months, income or a figure of £400,000 (whichever is smaller) which should be adjustsd each year to allow for both inflation and any major increase in running C￿Sts. The actual reserves at the year-end were approximately £1,000,731 which is in line with the company's target. The Trustees will closely monitor Ihls sltuation each year. MACS SUPPORTING CHILDREN & YOUNG PEOPLE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Financial rovlew The results for the year are set out on page 16 to th8 attathed financlal ststements along wlth the total funds at the year end. Structure, governance and managèm9nt The charity is a company limited by guarantee, not for profit and not havlng a share capltal, govemed by its Memorandum and Articles of Association dated 11th February 2021. It Is a company incorporated under the Companies Act 2006. The company is a charity recognis8d by the Commlssioners of Revenue and Customs (No XR130601. MACS completed registration wlth Northem Ireland Charity Commlssion on the 25th November 2014 (NIC1009231. The Charity Is managed by the Senlor Management T8am and is under tha control of the Board of Tru8lees. The day-to-day runnlng of the charity Is carri6d out by Kate Martln (Chief Executive Officer). Inductlon and Tralnlng of Tru8teos N8w Trustees and committee members receive an Inductlon upon appointment lo the Board which covers Ihelr roles a$ Directors and as Trustees. They are brlefed on thelr legal obligations under Gharity and company law, the requirements of tho Charlty Commission. the content of the Memorandum and Articles of Assoclation, the Strategic Plan, the decislon maklng processes, and recent flnancial and operallonal performance of the organisalion. Board members are Invited to meet Ihe Senlor Management Team as part of thelr induction to learn more about the work of MACS. Trustees are encouraged to attend training to support them in Ihelr duties. Commlttees MACS has three committees In place to support the govemance processès. These are.. Finance and Audlt Commlttee Operations Commlttee Governance and Risk Commlttee Each committe8 Is gulded by a Torrns of Reference and has a quorum of Trustee repr8senlatlves. The Committees port on progress of delivering the strategic and operatlonal plans and rnak8 recommendatlons relating to them to the full Board. The ¢ommittees meet a minimum of four tlmes per year. Bu81ness Contlnulty Plannlng The organisation has in place a Business Continuity Plan it can refer to in the event of a signiflcant business intemjption. Senlor Management Team Kate Martin Chief Exècutive Officer Emma McGinnity Head of Corporate Services Clara Scollay Head of Floating Support and Outreach Servlces Trina Harpur Head of Housing MACS SUPPORTING CHILDREN & YOUNG PEOPLE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of th8 financial stalem8nts were: Mr Michael Dawson Mrs Ligouri Dobbin Mr Stephen Green MrAlbert Hamilton Ms Laura-Lee Harblnson Ms Andrea Mccooke Ms Sandra McKillop Mr John Meikleham MsAid8en O'Neill Ms Karen Mccorry MrAndrew Tubman Mr Greg Yarnell Mrs Joanne McDonnell (Resigned 5 June 20251 (Resign8d 21 November 20241 (Appointed 29 August 2024) (Appoint8d 27 February 2025) Stal•mont of trustees. r•$pon8lbllltl•8 The trustees are responsible for preparlng the Annual Report and the financial slatem8nts in accordance with applicable18w and regulations. Company law requires the trustees to prepare financial statements for each financial year. Under Ihal law, th8 trustees have elected to prepare the flnancial statements in accordance with United Klngdom Generally Accepted Accounting Practice (United Klngdom Accountir)g Standards and appllcable lawl. The financial statements are required by law to give a true and fair view of the stale of affairs of the company and of the profit or loss of the company for that period. In preparfng thes8 financial statements. the trustees are required to.. select sultable accounting policies and then apply them conslstently,. make judgements and estimates that are reasonable and prudent., prepare the flnancial stalements on the going concern basis unless it is Inappropriats to presume that the charity will ¢ontlnu8 Its activities, The trustees are responsible for malntaining proper accounting records which dlsclose with re8sonable accuracy at any time the financial posltlon of the charily and enable them to ensure that the financial statements Comply with the Companie5 Act 2006. They are also responslble for safeguarding the assets of th8 company and hence for taking reasonable steps for the prevention and detection of fraud and other Irregularllies. ststement as to dlsclosuré of Informatlon to audltor6 In so far as the trustaès are aware., there is no relevant audit information of which the charlty's audltors are unaware and the trustees have taken all rèasonable steps that they ought to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information. Audltor HM Chartered Accountants, have completed thelr second audit in a three year agreement 2023-2025. The above report has been prepared in accordance wlth thè special provision of Part 15 of the Companies Act 2006 relating to small companles. 10- MACS SUPPORTING CHILDREN & YOUNG PEOPLE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Thè trustees, report was appn)ved by the Board of Trustees. Step Ch&r ol nance Audit c￿mIttee 11 MACS SUPPORTING CHILDREN & YOUNG PEOPLE INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF MACS SUPPORTING CHILDREN & YOUNG PEOPLE Oplnion We have audited the financlal statements of MACS Supporting Children & Young People (the 'charfty') for the year ended 31 March 2025 which comprise the statement of financial activities, the statement of flnancial positlon, the statement of cash flows and not8S to the financial statements, induding significant acLounting policies. The finandal reporting framework that has been applied in thelr preparation Is applicable law and United Kingdom Acwuntlng standards, including Financlal Reporting Standard 102 The Financial Reporting St8ndanY applicable in lh8 UK and Republic of Ireland (United Klngdom Generally Accepted Accounting Practic81. In our opinion, the financ181 statèments.. give a true and fair vlew of the stat8 of the charitable company's affairs 8s at 31 March 2025 and of its incoming ￿sOurceS and applicatlon of resources. for the year then ended., have baen propedy prèpared in accordance with United Kingdom Generally Accèpted Accounting Pract1￿., and have been prepared In accordance with the requirements of the Companiés Act 2006. Basls for oplnlon We conducted our audit in accordance with Intematlonal Standards on Audltlng (UK) IISAS (UK)) and appllc8ble law. Our responslbilitia$ under those slandards are further descrlbed in the Audltor's responslbilities for the 8udil of the finanGial slateni8nls section of our r8POrt. We ar8 independent of the charlty In a￿OrdanCe wlth the ethical requirements that are relevant to our audlt of the financial statements In the UK, includlng the FRC'S Ethical Standard, and we have fulfilled our other ethical responslbilities In Bccordance with these requirements. We b811eve that the audit evidence we have obtalned is suffici8nt and approprlate to provlde a basis for our opinion. Concluslons rolatlng to golng concem In auditing the financlal statèments, we have concluded that the trustees. use of tha going concern basls of accounting in the preparatlon of the flnancial statements is approprlate. Based on the work wb hav8 performed, we have not identified any material uncertalnties relating to events or conditions that, individually or coll8Ctlvely. may cast signiflcant doubt on the charlty's abilty to continue as a golng concern for a perlod of 81 least tsvelv8 months from when the financial statements are authorlsed for issue. Our responslbllltl88 and the ￿SponSIbIlItIeS of the trustees wlth respect to golng concem are described In the relevant Sections of thls report. Other Informatlon The other information compris8s the information Included in the annual report other than the financial statements and our auditols report thareon. The trustees are responsible for the other Information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility 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 obtalned in the course of the audit, or otherwlse appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatemenls, we are required to determine whether this gives rlse to a material misstatement in the financial slalements themselves. If, based on the work we have performed, we conclude that there is a matérial misstatement of this other informatlon, we are réqulred to report that fact. We have nothlng to report in thls regard. Matters on vthlch we are requlrèd to rnport by èxceptlon We have nothing to report in respect of the following matters in relation to which the Charilles (Accounts and Report51 Regulation5 2008 and the Charities Accounts and Reports Regulations (Norlhem Ireland) 2015 require us to report to you if, Sn our opinion.. the information given in the financial statements is inconsistent in any material respect with the trustees, report.. or sufficient accounting records have not been kept., or the financial statements are not in agreement with the accounting records: or we have not received all th8 Information and explanations we require for our audit. 12- MACS SUPPORTING CHILDREN & YOUNG PEOPLE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF MACS SUPPORTING CHILDREN & YOUNG PEOPLE Responslbllltles of trustees As exFdained more fully in the statement of twstees, resp￿sibIlIties. Ihe trustees, who are also the directors of the charity for the purpose of wmpany law, are responsible for the preparation of the financial statements and for being satisfied that they give a tnje and fair view, and for such intemal control a5 the trustees determine is necessary to enab18 the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financlal stat8m8nts, the trustees are r8spon5ible for assessing the charity's ability to continue as a going concern, disc105ing, as appllcable. matters related to going concern and using the going concem basis of accounting unless the trustees elther intend to liquidate the charitable company or to cease OP8rations. or have no realistic alternalive but to do so. Audltorfs responslbllltles for the audlt of the flnanclal 8tatements We have been appointed as auditor under sectlon 144 of th8 Charltles Act 2008 and report In accordance wlth the Act and relevant regulatlons m8de or havlng effect ther6under. Our oblectives are to obtain reasonable assurance about whether the financial stat8menls as a whole are free from material mlsstatement, whether due to fraud or error, and to issue an auditor's report that Includes our opinlon. Reasonable assurance is a high level of assurance but is not a guarantee that an audlt conducted In accordance with ISAS (UK) will always detect a materlal misstatement when it exlsts. Mlsstatements can arise Irom fraud or error and are considered material If, individually or in the aggregate, they could reasonably be expected to Influence the economic decisions of users laken on the basis of these financlal statements. Irregularlties, Including fraud, are instsnces of non-compliance wlth laws and regulations. We deslgn procedures In Ilne with our responsibllltl8s. oullined above, to detect material misstatements in rèspect of irregularities. including fraud. The extent to whlch our procedures are capable of detecting irregularltiès, including fraud, is detailed below. 13 MACS SUPPORTING CHILDREN & YOUNG PEOPLE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF MACS SUPPORTING CHILDREN & YOUNG PEOPLE Our approath lo identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows- the engagement partner ensured that the engagement tsam collectively had the appropriate competence, capabilities and skills to idenlify or recognise non-compliance with applicable laws and regulations,. we identified the laws and regulations applicable to the company through discussions with directors andlor senior management, and from our commercial knowledge and experlence of the sector,. We focused on specific laws and regulations which we considered may have a direct materlal effect on the financial statements or the operatlon5 of Ihe company. including Companles Act 2006, taxatlon leglslation, data protectlon, anti-bribery, employment, environmental and health and safety legis18tion • w6 assessed the extènt of compliance with the laws and regulations Identifled above through making enquiries of management and inspecting legal correspondence,. and Identified laws and regulatlons were communicated within the audit team regularly and the team remalned alert to Instancas of non-compliance throughout the audlt. We as$èss8d the susceptiblllty of the company's fln8ncial stat8ments to materlal misstslement, includlng obtsinlng an understanding of how fraud might occur, by: maklng enqulrles of management as to where they considered there was susceptibllity to fraud, thelr knowledge of actual, suspected and alleged fraud; and considerSng the Internal contro18 ID place to mltlgate rlsks of fraud and non c) (D 75 ts7 ￿ W (o fo qp OL)0 MACS SUPPORTING CHILDREN & YOUNG PEOPLE STATEMENT OF FINANCIAL POSITION ASAT31 MARCH 2025 2025 2024 Notss Flxed assets Tangible assets 10 352,586 350.417 Current assets Debtors Cash at bank and in hand 11 59,022 857.731 36,838 877,315 916,753 914,153 Crodltors: amounts falllng du• wlthln one year 12 {168,7281 (257,944) Net currgnt a$s•tb 748,025 856,209 Total a880ts 1088 curr•nt Ilabllltles 1,100,611 1,006,626 The fund8 of tho charity Restrictod income funds Unreslricled funds 13 14 99,880 1,000,731 37,368 969,258 1,100,611 1,006,626 The company Is entitled to the ex8mption from the audlt requirement cont8ln8d in section 477 of the Companies Act 2006, for the year ended 31 March 2025. Tha directors acknowlèdge thelr responslbilities for complylng with the requlrements of the CompanSes Act 2006 with respect to accounting records and the preparallon of financial slatemènts. The members have not required the company lo obtain an audll of its financlal statements under the requlr8ments of the Companies Acl 2006, for the year in question in accordance with se¢tion 476. These financial statements have been prepared in accordance wlth the provlslons applicable to companles subled to the small ¢ompanies reglm8. Mr S¥ien Gr•en Company registration number N1044482 (Northem Ireland) 17- MACS SUPPORTING CHILDREN & YOUNG PEOPLE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Notes Cash flows from oporatlng actlvltlos Cash (absorbed byygenerated from Opgratlons 17 (2,819) 85,850 Investlng actlvltlos Purchase of tsngible fixed assets (16,765) (8,136) Not cash usad In Invostlng actlvltles (16,7651 (8,136> Net cash genèrated from flnanclng actlvlll•8 Net {decreasèVlncroa80 In ¢a8h and ¢a8h equlvalent8 {19,584) 77,714 Cash and cash equlvalents at beglnnlng of year 877,315 799.601 Cash and cash oqulvalants at •nd of yèar 857,731 877,315 18- MACS SUPPORTING CHILDREN &YOUNG PEOPLE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng policies Charlty Informatlon MACS Supporting Children & Young People is a private company limlt8d by guaranteè incorporated In North8rn Ireland. The registered officè is 303 Ormeau Road, Belfast, B T7 3GG. 1.1 Accounting conventlon The flnancial stalements hav8 been prepared In accordanc8 With the charlty's govemlng documant, the Companies Act 2006, FRS 102 "The Financial Reporting Standard appllcable in Ihe UK and Republic ot Ireland" and the Charities SORP "Accounting and Reporting by Ch8rities.- Statement of Recommended Practice appllcable to charltl8s preparing their accounts in accordance with Ihe Financial Reporting Slandard appllcable In the UK and Republlc of Ireland IFRS 102)" The charity is a Publlc Benefit Entity as defined by FRS 102. Th8 financial statements are prepared in 8t8rllng, which Is th8 functional currency of the charity. Monetsry amounts In the59 financlal ststements are rounded to the nearest £. The fln8nclal statements have been prepared under the historical cost convention, modlfied to Include the revaluation of freehold properties and to include investment properties and certain flnancial inslrumenls at fair value. The principal accounting policl8s adopted ar8 Set out below. 1.2 Golng concern At the time of approving the financial statements, the trustees have a rea50n8ble expectation that the charity has adequatè resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basi5 of accounting in prepartng the financial statements. 1.3 Charltable funds Unrestrlcted funds are available for use at the discretlon of the trustees in furtherance of their charitable objectives, Restricted funds are subject to speclfic condltions by donors or grantors 8S to how they may be used. The purposes and us85 of the restricted funds are set out In the notes to the fin8ncial statements, Endowment funds are subject to specfflc condltions by donors that the capltsl musl b8 malntained by the charity. 1.4 Income Income Is recognised when the charlty Is legally entltled to it after any perfomiance conditlon$ have been met, the amount8 can be measured rellably, and it Is probable that Income will be r8C8lved, Cash donations are reGognised on recelpt. Other donatlons are r8cognl$ed once the charity has been notified of the donation, unless perfomiance conditions require deferral of the amounl. Income tsx recoverable in relation to donalions received under Gift Aid or dewjs of covenanl is recognlsed at the time of the donation. Legacies are recogni5ed on receipt or otherwlse if the charity has been notifled of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. 19- MACS SUPPORTING CHILDREN & YOUNG PEOPLE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting pollcle8 {Contlnued) 1.5 Expènditure Expenditure Is recognlsed once Ihere is a legal or construdlve obligation to transfer economic benefit to third party, it Is probable that a transfer of economic benefits wlll bg required In settlement, and the amount of the obligation can bè mèasured rellably. Expendlture is classified by activity. The costs of each activity are made up of the total of dired costs and shared costs, including support ¢0sts involved in undèrtaklng each activity. Direct costs attributsble to a single activiiy are allocated dirèctly 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 actlvlties on a basis consistent wlth the use of rèsources. Central staff costs are allocated on the basls of tlme spent, and depreciation chargès are allocated on the portion of the asset's use. 1.6 Tanglble fixed as8•ts Tangible flxed assets are initially measured at cost and subsequently measured at cost or valuatlon, net of depreciation and any impairment losses, Depredatlon is re¢ognised so as to write off the C08t or valuatlon of assets less thelr residual values over thelr useful Ilve5 on the following bases: Fixtures and flttlngs Computers 33% stralght line 33Vo Stralght lin8 The gain or loss arising on the disposal of an asset is determin8d as the dlfference be￿een the sale proceeds and the carrying value of the 8sset, and is recognised in the statement of flnancial activiti88. 1.7 Impalrment of flxed assets Al each reportlng end dale, the charity revSews the carying amounts of its tangible assets to detemiine whether thèra Is any indication that those assets have suffered an impalrment loss. If any such indlcation exists, the recoverable amount of the asset is estlmat8d In order to d8t8rmlne the extent of the impalrment loss (If any). 1.8 Cash and caBh equlvalonts Cash and cash equlvalents include cash In hand, deposits held at call wllh banks, other short-lerm liquld Investments wilh original maturitles of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current Ilabililies. 1.9 Flnanclal Instruments The charity has elected to apply Ihe provislons of Section 11 'Basic Financlal Instruments, and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial Instruments. Financial instruments are recogni5ed in the charlirfs balance sheet when the charlty becomes party to the contractual provisions of the instrument. Financial assets and liabilltles arè offset, with the net amounts presented in the financlal stalements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financlal assets Basic financial assets, which includ8 debtors and cash and bank balances, are initially measured at transactlon price including transaction costs and are subsequenuy carried at amortised cost using the effectivg Interest method unloss the arrangemenl constitutes a financing transaction, where the transaGtion is measured at the present value of the future receipts discounted at a market rate of Interest. Financlal assets classified as receivable within one year are not amortised. -20- MACS SUPPORTING CHILDREN & YOUNG PEOPLE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng policies (Continued) Baslc flnanclal Ilabllltles Basic financial liabilities, including creditors and bank108ns are inltially recognlsed at transaction prfce unless the arrangement constitutes a financing transaction, where the debt instrum8nt is measured at the present value of tha future payments discounted at a market rate of interest. Financi81 Ilabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortlsad cost, using the 8ff8Ctive interest rate mèthod. Trade creditors are obligatlons to pay for goods or servlces that have been acqulred in tha ordlnary course of operations from suppliers. Amounts payable are classlflèd as Current liabilities If payment is due wlthin one year or less. If not, Ihey are presented as non-current liabilities. Tradè creditors are rocognised inltlally at transaction prlce and subsequently measured at amortised cost using the 8ff8ctive intsrest method. Derncognitlon of flnanclal Ilabllltles Flnancial liabllities are derecognised when the charlty's contractual obllgatlons expire or ar8 dlscharged or cancelled, 1.10 Employoo beneflt8 The cost of any unused hollday entltlement Is recognlsed in th8 p8rlod In which the employee's services are received. Te￿ninatIOn benefits are recognlsed Immediately as an expense when the charlty Is demonstrably committed to temiinate the employmènt of an employè8 or to provide termination benefits. Crltlcal accountlng estlmates and Judg8ment8 In the appllcatlon of the charlty's accounting pollcles, the trustees are requlred to make judgemènts, estimates and assumplions about the carrying amount of assets and liabilitles that are not readily apparent from other sources. Thè estim8te8 and associated assumptions are based on hlstorical experlence and other factors that are ¢onsldered lo be rèlèvant. Actual results may differ from these estlmates. The estlm8tes and underlylng assumptions are reviewed on an ongoing basis. Revisions to accounting estifflales are racognised in the perlod in which th8 eslirnate is revised wh8re the revision affects only that period, or In the period of the revislon and future perlods where the revislon affects both current and future periods. Incomo from donatlons and legaclo8 Re8trlcted funds 2025 Restrfctsd funds 2024 Grants 2,997,657 2.723,731 21 MACS SUPPORTING CHILDREN & YOUNG PEOPLE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from donations and18gacle8 (Contlnu8d) Ro8trl¢tgd funds 2025 R95tr1ctsd funds 2024 Grants Dormant Accounts NIHE- Supportlng Pèople SLA Publlc Health Agency Southem Trust South Eastem Trust Bèlfast Trust Heart ofthe Communlty Space to Grow Other 60,000 1,983,684 97,077 108,016 366,530 326,462 21,499 30,450 3,939 1,908,175 93,706 90,072 374,233 251,294 6,251 2,997,657 2,723,731 Charltable actlvltles Unrnstrlcted Unr•8trlctod Funds Funds 2025 2024 Rent81 Income MACS fundraislng actlvities 365,970 28,889 416,415 45,479 394.859 461.894 Analysis by fund Unreslricted funds - gener81 Restrictsd funds 378,873 15,986 461,594 300 394,859 461,894 Other tradlng actlvltleg Unrestrlcted Rèstricted funds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Totsl 2025 2024 Other income 5,183 38,567 43,750 5.410 15,882 21.292 -22- MACS SUPPORTING CHILDREN & YOUNG PEOPLE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expendlturn on charllabla aelivitle8 Charltabla activities 202S Charftabl8 activities 2024 Dlrect costs Staff costs Depreciatlon and Impairment Establishment costs Staff expenses & travel Legal & professolnal fge$ Communicatlons and IT Audit fees Other office expenses Staffing training Memberships and subscrlptions Interest payable and slmilar charges Activlty and residenllal 2,582.160 14,596 410,361 31,427 64,774 75,579 4.800 28,977 30,585 3,842 2,040 93.140 2,505,864 21,166 403,044 31,960 77.517 68,400 4,800 26,011 36,557 8,291 2,725 81.761 3,342,281 3,268,096 Analy818 by fund Unrestricted funds R8Stricted funds 352,583 2,989.698 498,142 2,769.954 3,342,281 3,268,096 Nèt movem•nt In funds 2025 2024 The net movement In funds is stated aft&r charglngllcredlting): Fees payabl8 for the audlt of the ¢hariVs financial statements Depre¢lation of owned tangible flxed assets 4,800 14,596 4,800 21.166 Employe•8 The average monthly number of employees during the year was: 2025 Numbèr 2024 Number Staff 83 -23- MACS SUPPORTING CHILDREN & YOUNG PEOPLE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Employees (Continued) Employment cost5 2025 2024 Wages and salarie5 other penslon costs 2,514,682 67,478 2,442,960 62,904 2,582,160 2.505,864 The remuneration of key managemént personnel in the year was £226,815 (2024.. £193,812). The key managemant personnel of th6 Charity comprises of 4 members of staff (2024.. 4).. the CEO, Head of Corporate S6rvlces, Head of Floatlng Support and Outreach Sèrvlces and Head of Supported Housing. The number of employees who88 annual remuneration was more than £60,000 is as follows.. 2025 Number 2024 Number £60,001 to £70,000 Taxatlon The charity Is exempt from lax on income and gains falllng within sectlon 505 of th8 Taxes Act 1988 or section 252 of the T8xatlon of Chargeable Gains Act 1992 to the extent that these arè applied to its charitable objects. 10 Tanglble flxod a$s•ts Freehold land Flxtur•B and Comput•rn and bulldlngs ttlnql Total Cost At 1 Aprll 2024 Additions 335,000 156,664 138,152 16.765 629,816 16,765 At 31 March 2025 335,000 156,664 154,917 646.581 Depreclatlon and Impalrrnènt At 1 April 2024 Depreciation charged In the yèar 150,834 5,830 128,565 8,766 279,399 14,596 At 31 Marth 2025 156,664 137,331 293,995 Carrylng amount At 31 March 2025 335,000 17,586 352,586 At 31 March 2024 335.000 5,830 9.587 350,417 -24- MACS SUPPORTING CHILDREN &YOUNG PEOPLE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 11 Debtors 2025 2024 Amounts falllng due wlthln one year: Trade debtors Other debtors Prepayments and accrued Income 25,777 1,425 31,820 17,273 1,425 18,140 59,022 36.838 12 Crodltor8: amounts falllng du• wlthln on• year 2025 2024 Other t8xalion and soclal securlty Trade credltors Other credltors Accruals and deferrgd Income 86,699 79.092 14,560 77,593 86,791 22,372 59,565 168,728 257,944 13 Restrlctod funds The restricted fund5 of the charity comprise the unexpended balances of donations and grants held on trust subject to Specific conditlons by donors as lo how they may be used. Movement In funds In¢omlng R¢¥ourc• Bal•nc• at r••ourc•8 •xp•nd8d 31 March 2025 Balanc• at 1 Aprll 2024 Belf8$t Trust Income NIHE- Supportlng People SLA Flxed Asset Reserve Public Health Agency Southern Trust South Eastern Trust Every Youth Dormant Accounts Heart of the Community Space to Grow More Than a Roof Other 326,462 1326,4621 1,983,684 (1,983,684) 18,766) (93,486) 1108,016) {366,530) 123,122) 125,961) 11,515> 113,0211 16,983) (32,152) 31,985 23,219 3,591 97,077 108,016 366,530 19.984 60,000 21,500 30,450 8,600 29,907 3,138 34,039 19.985 17,429 1,617 2.245 37.368 3,052,210 12,989,698) 99,880 -25- MACS SUPPORTING CHILDREN &YOUNG PEOPLE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Unrestrlctsd funds The unrestricted funds of the charity comprlse the unexpended balances of donations and grants which are nol subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have bean set aside out of unrestrfcted funds by the trustees for specific purposes. Transfers Al 31 March 2025 At 1 Aprfl 2024 Incomlng resources Rèsources exponded General funds 969,258 384,056 {352,5831 1,000,731 Provlous year: Al 1 Aprll 2023 Incomlng Resources r•sourcos èxpended Transfers At 31 March 2024 Revaluatlon reserve Gen8ral funds 101,349 101.349 867,909 899,047 467,004 (498,1421 899,047 467.004 {498,1421 101,349 969.258 15 Events aft8rth• reporting data There have been no materlal events. occurring after the reporting date that require adjustments to or dlsclosure In the fin8ncial statements. 16 Related party transactlons There were no dis¢losabl8 related paty transactions durtng the year (2024 - none), 17 Cash (absorbed byllg•n•ratad from op•ratlons 2025 2024 Surplusl(deficitl for the year 93,985 (61,179) Adjustments for: Depreciation and impairment of tangible fixed assets 14,596 21.166 Movements In worklng capltal: Ilncreaseydècrease in debtors (Decreaselllncrease In creditors (22,184) 189,216) 6,745 119,118 Cash (absorbod by)Igenerated from operatlons {2,819) 85,850 18 Analysls of changes In not funds The charity had no material debt during the year. -26-