Clann Eireann Youth Club
STATEMENT OF FINANCIAL ACTIVITIES
for the financial year ended 30 September 2024
Unrestricted Restrictsd
Fund¥
Fund5
2024
2024
Total Unrestricted Restiicted
Funds
Funds
Funds
2024
2023
2023
Total
Funds
2023
Notes
Incomlng Resources
Voluntary Income
Activities for generating
funds
17.895
244.991
118.1n
136,06B
244991
99.961
99.961
179,812
179.812
Totsl In¢ornlng resources
262,886
118.173
381.059
179.812
99,961
279.773
Resourc•s Exp•nd•d
Charitable actmtses
320.390
116.041
436.431
242.989
106.540
349.529
Net incomingloutgoing
r•sourc•s b•for• transf•rs
157.5041
2.132
155.3721 (63.177)
16.5791 {69.756)
Transfe￿ betsveen frjnds
Net movement in fund5 for
the financial year
157.5041
2.132
(55.372> 163.177)
16.5791 (69.7561
Reconciliation ot fund$:
Totsl fvnds beginning of the
year
15 2.505.907
23.790 2.529.697 2.569.084
30,369 2,599,453
Total funds at the end of
th• y94r
2.448.403
25.922 2.474.325 2.505,907
23,790 2.529,697
The Statement of Financial Activiii85 indLKles all g8in5 and kJsse5 recogni59J In the fnarKial year.
All income and expènditur& relate to continuing athilies.
The note8 on pages 13 to 17 of Iha flnarthl stalgrnwts
10

Clann Eireann Youth Club
BALANCE SHEET
as at 30 September 2024
2024
2023
Notes
F5xed Assèts
Tangible assets
1537.946
2,613,302
Curr•nt Auats
Stocks
Debto
Cash at bank and in hand
10
11
37,945
31A62
14,053
15,992
fj9.45T
30,095
Credltivs: Amounts falllng due wlthin one year
12
1133,078)
{113.7001
Net Current Uabllftlès
(63,6211
183.605)
Total Assets less Current Liabilities
2.474.325
2,529,697
Funds
Reslrtcled twst funds
Designated fvrKls {Unreslricted)
Gtrneral fund lunreslricted)
25,922
1.807,39Q
641.013
23.790
1.869,975
635.932
Total funds
15
2A74.325
2,529,697
Approv•d by thè Bo•rd of Trustees and authorisod for Issue on 27 November 2024 and slgn•d ¢)n Its behalf
Roisln Bell
Trust
Mlehaèl PAulholland
Trustee
The ￿ge8 13 to 17 ytoftho f￿￿481 statemwis
11

Clann Eireann Youth Club
STATEMENT OF CASH FLOWS
for the financial year ended 30 September 2024
2024
2023
Cash flows from operating actlvltles
Net movement In lund5
Adjustments for:
Depwiaknn
{$5J721
169.7561
93.251
100,479
37,879
30,723
Movements in Wol￿rg caphal:
Movement in debt￿$
Movemgnt in cre<lltors
{23.8921
19.060
18.197
{28.4511
Cash generated from operalions
33.047
20,469
Ca$h Ilows from Investing activities
PayTnerts to acquire tangible assets
{17,8951
149.4631
Met inereasèl{deereasel in cash and cash equivalènts
Cash and ¢a$h equivalents at the boginnlng of the ye¥
15.152
125.475)
{28,9941
3.519
Cash and cash equivalents at the end of the year
11
{10,3231
125,475}
12

Clann Eireann Youth Club
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 30 Septetnber 2024
GENEFIAL INFORMATION
Clann Eir8ann Youth Club is a charity i￿)rpOrated in Northem Ireland. The rwS1e￿ Offi￿ of ltr* company
is 53 Lake Street. Lurgan, Co. Amiagh. BT67 9DT, Northem Ireland vthich is also th8 prinopal place of
busines5 of the company The finanoal stslements have been presented in Pound 1£) whith 1$ also the
function￿ currency of the ¢ompany.
SUMMARY OF SIGNIFICANT ACCOUNTING POUCIES
The followng accoLmting policies have been apptied cmsistenuy in dealing wrth items ar8 considered
material in rolation to the chariws financaal slaten*nts.
Basis of P￿paratIon
The financial ststements have iEen prepared ￿ the going (￿rtem basis under the historical cost convention,
modffied lo indude certain itèms at fwr value. The financia siatements havè been prepared in accordance
vlith the Statement of Recommended Practi￿ ISORPI "A¢¢￿￿tIng and Reporting by Charities preparing their
ac£ounts In aC{y)rth￿ with the Financi￿ RepcKbng standa￿ applicable in the UK and Republic of Ireland
FRS 102".
As permtiled by the Companies Act 2006, the company has V￿ed the Standard fomiats in that act for the
Statement of Financid Ad￿ltieS and the Balance Sheet. Departuies from the standard formals are to comply
with the reQ￿reMeftts of Ihe Charides SORP and are in ccrfnpliance ￿th sedlon 4.7. 10.6 and 15.2 of that
SORP.
ststement of compllanee
The financial Statements of company ￿ the finandal year ended 31 December 2017 have been prepare
on the going concern basis and in accijrdance wilh the Statement of Recommen¢Jed Pffddi￿ ISORPI
-Accounting and Rewting by Charilies preparing their accounts in accordance with the Finanoal Rewrting
standard applkatAe in the UK and Repubh'c of Ireland FRS 102".
Ineoming Rg¥ources
Voluntary incowne or capital is incfuded in the Stalemenl of Financial Activities when the company is legally
gntitled lo it. it5 financial valu8 can b& quantified V￿th reasonabk ￿thnty and there is raasonablè (%rtarnty of
its ultimate receipt. Enb"Uemenl to legarAes is conSide￿d established when the rx)mpany has been notified of a
distribution to be made by the executors. IncoTh received in a0￿ance of thje performance undar a contract is
accounted for as deferred income until eamed. Grants for activits85 are recognised as incorne when the
relat8d Q￿dit￿)nS for legal entitlement have m&L other wKome 15 accour¢ied for on an aciyuals basis.
Resourc•s Expended
AJI resour￿$ expended are acrnunted for on an acuuals Lvsis. Charitable acbvibes include costs of seNi
and grants, support costs ar￿ depreciation on related assels. Casts of gen8rating funds similarfy include
fvndraising a¢tiw"lies. Non-staff costs not attributed to category of activity are allocated or apportroned
pr(Trrala to the staffing of the relevant service. Finance. HR. IT and administratlve staff cx)sts are directly
attributable io indlwdual activ￿83 ty objeclive. Govomance costs are those assooated wlth eonsbtutsonal and
ststlrtory requirements.
Tangible flxed assets and depreuation
Tangible fixed assets are stated at cost or at vJuation. less atxJJmulated depreciation. The charge to
depreciation is calojlated to write off the or￿31￿al cost or valuatirmj of tangitAe fixed assets. less their estimated
rÈsidual value, over their expeetèd usèful lives as folk)ws_'
Land aNJ bulldiThJs freehc4d
Fixtures. fittings arKI equlprnent
4% Reducing Balan
25% Reducing B￿anCe
Debtors
Debtors are recoynised at tt)e setuefflent amount due after any discount offered. Prepayments are valued al
the amount prepaid nel of any tradé discounts duè. In¢ome recognised by the company from goverrdnent
agencies and other Tr>fvnders. but not yet r￿ly&1 at year end. is included in debtors.
Cash at bank and in hand
Cash al bank and in hand comprises cash ￿ deposrt al bank5 requirng less than three months rK)tice of
thdrawal.
13

continued
Clann Eireann Youth Club
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 30 Seplembef 2024
Taxation and deferred taxation
No current or deferred taxation arises as the Lx)mpany has been granted charrtable exemption. Irrecoverable
valued added tax is expensed as incurred.
INCOME
DONATIONS AND LEGACIES
Unrestricted Restrlcted
Funds
Funds
2024
2023
Grants Received
17,895
118,1n
136.068
99,961
OTHER TRADING ACTivrriES
Unrnstrieted Restricted
Funds
Funds
2024
2023
Youth Club & GAA Income
244.991
244.991
179,812
EXPENDITURE
CHARITABLE ACTIVMES
Direct
Costs
Other Support
Costs
Costs
2024
2023
Charitable Expen(rrture
436.431
436.431
349,529
SUPPORT COSTS
Charitable
Activhles
2024
2023
&4- Period Povgty
Depreciah"on
GAA Expenses
Other Grant FuNling
EA-Crye
312
93.251
228.841
16,397
97.630
312
932S1
228.841
16.397
97.630
288
100.479
142.510
23,381
82.871
436.431
436,431
349.529
ANALYSIS OF SUPPORT COSTS
2024
2023
EA- Period Poverty
DeP￿￿alK)n
Expenses
Other Grant Funding
E4- Core
312
93.251
228.841
16.397
97.630
288
100.479
142.>1U
23.381
82,871
436.431
349.529
INCOMING RESOURces
2024
2023
Net Incomlng Resour¢es are stated after charglngl(cre¢llUngl:
Depreciation of tsngible assets
Audilorfs remunerati¢)n.'
- audit seryices
93.251
100.479
5,408
5.440
14

continued
Clann Eireann Youth Club
NOTES TO THE FINANCIAL STATEMENTS
for the financAal yeai etmled 30 S8plember 2024
EMPLOYEES AND REMUNERATION
The staff costs wnprise:
2024
2023
Wages and salaries
71.649
59,924
TANGIBLE FIXED ASSETS
Land and
Fixtures,
building5 flttlngs and
freghold
equlpment
Total
Cost
At 1 October 2023
Additsons
3.249.452
17.895
111.838
3,361,290
17.895
At 30 September 2024
3267,347
111.838
3.379,185
D8preciatlon
At 1 October 2023
ChaffJè lor the financial year
687.230
80,480
60.758
12,771
747.988
93.251
At 30 September 2024
767.710
73.529
841,239
Not book value
At 30 September 2024
2.499,637
38.309
2.537.946
Al 2n ￿23
2.562.222
51,080
2,613,302
STOCKS
2024
2023
Stock (non trading)
50
10.
DEBTORS
2024
2023
Other debtors
Prepayments arKJ ac£rued inojme
32.945
5.000
9,053
5.000
37,945
14.053
11.
CASH AND CASH EQUIVALENTa
2024
2023
Cash and bank balances
Bank overdrafls
31.462
141.785)
15.992
{41.4671
{10,323)
125.475}
15

o)ntinued
Clann Eireann Youth Club
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 30 September 2024
CREDITORS
Amounts falllng due wlthln one year
2024
2023
Bank overdr4ft8
Trade credr(ors
Taxation and 5￿Unty o)sts (Note 13)
Olher creditors
Accruals arttl deferred incc*ne
41.785
1.760
41.467
3,507
526
64,400
55200
33,667
133,078
113.700
13.
TAXATION AND SOCIAL SECURITY
2024
2023
Credltors:
PAYE I NI
666
526
14.
RESERVES
2024
2023
Al the beginning of the year
Defiot for the finarKial year
2.529.697
155.3721
2,599,453
169,7561
At the end of the year
2A74,325
2.529,697
15.
FUNDS
15.1 RECONCIUATION OF MOVEMENT IN FUNDS
Unrestricted Rostricted
Fund5
Fund5
Total
Funds
At 1 Octobor 2022
Movement during the financaal ye
2.569.084
{63,17n
30.369
{6.5791
2.599.453
{69.756}
AI 30 September 20fJ
Mov8mènl during the fin￿¢la1 year
2.505.907
157,5041
23,790
2.132
2.529,697
155.3721
At 30 September 2024
2.448,403
25.922
l474325
1&2 ANALYSIS OF MOVEMENTS ON FUNDS
Balance
1 Octobèr
2023
come ExP￿ditu￿
Transfèrs
Balance
betsyccn 30 Septembcr
funds
2024
Restricted funds
Education Authority
Ot￿r Gr8nls
1,866
21.924
94.687
23.486
13,091}
29,013
16,397
23.790
118.173
116,041
25.922
Unrèstricted funds
Capital
General
1.869.975
635,932
17,895
252,2
80.480
247.199
1,807,390
641.013
2.505.gJ7
270.175
(327.6791
2.448.403
Total funds
2.529.697
388.348
443,720
2,474.325
16

continued
Clann Eireann Youth Club
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 30 Sepiember 2024
16.
RELATED PARTY TRANSACTIONS
The trustees consider Clann El￿an￿ SoriJ Club to be a related paty. During the course ol the year an
amcwnl of £7.259 was received from the S￿la1 club. no moThes art owed al the year end. There were no
olher were related party transadions and there were rw) Iransactions to OT from any Trustees during the year.
17