Clann Eireann Youth Club
TRUSTEES. REPORT
for the financial year ended 30 September 2023
The trustees present their Trustees, Report and the audtted financial statefflents for the financial year ended 30
September 2023.
The finanGial ststernents are prepared in accordance with the Charities Act (Northem Ireland) 2008. FRS 102 "The
Financial Reporting Standard appIl￿ble in the UK and Republic of Ireland" and Accounting and Reporting by
Charilies.- Statement of Recommended Practice applicable to charities preparing their financial statements in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)-
The Tnjslees, Report contains the information required to be provided in the Trustees, Annual Report under the
Statement of Recommended Practice (SORP) guidelines. The trustees of the company are also charity trustees for
the purpose ot charity law and under the CoMpan￿S constrtution are known as members of the board of truslees.
In this report the trustees of Clann Eireann Youth Club present a summary of its purpose, govemance, activtties.
achievements and finances for the financial financial year 30 September 2023.
The company is a registered charity and hence the report and results are presented in a form which complies with
the requirements of the Charities Act (Northem Ireland) 2008 and, although not obliged to comply with Ihe
Statement of Recommended Practice appli(2ble in the UK and Republic of Ireland FRS 102. the organisation has
implemented its recommendations where relevant in these financial slatemenls.
Review of Activities, Achievements and Performance
Clann Eireann Youth Club was founded in 1954 and continues to serve our community in North Lurgan. The charity
has a very strong Gaelic Games ethos with a (yjrrent membership of over 1.500 and we pride ourselves on the
Slgnificant of sporting and leisure activitie5 we provde for the community-These activities include, but are not limited,
to youth club summer scheme. junior club. drama group. extended youth club project, community relations youth club
project. handball, girls gaelic football (U8 to Minor). ladies gaelic football, boys gaelic football {U8 to minor), mens
gaelic football. Jeet Kune Do club. Itttle dragons club. cycling club, gaelic frjr mums, netball, golf, couch lo 5k, elc.
Clann Eireann is heavily reliant on the volunteers who readily and willingly continue to assit with all of these activities
and we would like to express our appreciation and gratitute to each and every one.
Financial Review
The charitys financial results show an decrease for the year when compared to the past number of years with an
overall net deficit of approximately £70k for the year. This deficit is after depreciation, before depreciation there is a
surplus of approximately £30k. This has mainly been achieved by a significant improvement in the fundraising efforts
within the charity over the past twelve months and the trustees are pleased to confimi that one of the club's bank
loans had been completely repaid in the prior year whith attributed to the increase in surplus for this year and will
significantly assist and help with the day to day cashflow plans and fvture requirments of Ihe charity. The trustees are
continuing to work on updating their resep4es policy, and aim to create free unrestricted reserves of £25,000. This is
especially challenging in the cu￿ent climate but the trustees are hopeful that this will improve in 2024 and the new
Youth Club building will go a long way to increasing members and helping to raise funds.
Results and Dividends
At Ihe end of the financial year the company has assets of 2.643.347 {2022 - 2.707.377) and liabilities of 113,650
(2022 - 107,924). The net assets of the company have decreased by (69.756).
Compliance with Sector-wide Leglslatlon and Standarts
The company engages pro-actively wtlh legislation. slandards and codes whith are developed for the sector. Clann
Eireann Youth Club subscribes to and is compliant with the following=
The Charities SORP (FRS 102)
Public Benefit
In setting our objectives and planning our actiwties for the year the trustees have given careful consideiation lo Ihe
Charity Commission for Northern Ireland's ststutory guidan￿ on public benefit to ensure that the activities have
helped achieve the charity purposes and provide a benefft to the beneficiaries.

Clann Eireann Youth Club
TRUSTEES. REPORT
for the financial year ended 30 September 2023
Approved by the Board of Trustees on 15 November 2023 and signed on its behalf by".
Roisin Bell
Trustee
Michael Mulholland
Trustee

Clann Eireann Youth Club
STATEMENT OF TRUSTEES. RESPONSIBILITIES
for the financial year ended 30 September 2023
The trustees are responsible for preparing the financial statement5 in aixordance with applicable law and
regulations.
The law applicable to charities in Northem Ireland requires the trustees to prepare financial statements for each
financial year which give a true and fair view of the assets. liabilities and financial position of the company as al the
financial year end date and of the surplus or deficit of the company and othe￿iSe comply with the Charities Act
(Northern Ireland) 2008.
In preparing these financial ststements. the trustees are reqUI￿d to:
select suitable accounting poliaes and apply them consistently:
observe the methods and principles in the Charities SORP
make judgements and estimates that are reasonable and prudent..
state whether the financial statements have been prepared in accordance wtth Ihe relevant financial reporting
framework. identify those stsndards, and note the effect and the reasons for any material departure from those
standards,. and
prepare the financial statements on the going con￿rn basis unless it is inappropriate to presume that the
company will continue in operalion.
The trustees confimi that they have complied wrth the above requirements in preparing the financial statements.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain Ihe
company's transactions and disclose with reasonable accuracy at any time the financial position of the company and
enable them lo ensure that the financial ststements comply with the Charities Act (Northern Ireland) 2008. They are
also responsible for safeguarding the assets of the company and hen￿ for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
Ap
ved by the Board of Trustees on 15 November 2023 and signed on its behalf by:
Roisin Bell
Trustee
Michael Mulholland
Trustee