On Street Community Youth Accounts for the year ended 31 March 2024
On Street Community Youth Contents Page Infonnation Man<igement Conuniltee Report Independent Examiner's Report Staten]ent of Financial ActlVLties Balance shcct Notes to Ihe accounts 6-12
On Street Community Youth Information Accountants McGroarty Mccafferty & Company Ltd Accountants & Tax Consultants 2 Carlisle Terrace Derry BT48 6JX Address l A Fairview Road Derry BT48 8NU Charity No: N100972 NI Charity No: NIC101918 Bankers AIB (NI) M¢adowbank De B T48 7TN Cliairporson Martin Connolly Vlce Chalrperson Elisha Mccallion (resigned 30.01.24) Secretsry Charley Mellon Treasurer Thomas Mullan Commlttee Members Nicola Mullan (resigned 30.01.24) Sandra Duffy (rcsigncd ?0.01.24) Caroline Ming (resigned 30.01.24) Gareth Blackery Brian Tierney Page I
On Street Community Youth Report to Management Committee The Managcmcnt Con]mittee present their report and thc financial statemcnts for thc year cndcd 31 March 2024. Objectlves and activities, The charity is eslK1blished lo provide, maintain and promote facilities and activities of a social, spiritual, culrural, educational and recreational nature with the object of improving the conditions of life of children and young people, without distinction of sex, political. religious or other opinion. Management Cominittee The members of Ihe charity for the purposes of charity law and throughout this report are collectively referred to as members. The members serving during the year and since the year end were as follows.. Martin Connolly Elisha Mccallion Nicola Mullan Caroline Ming Thomas Mullan (Chairperson) (resigned 30.01.24) (resigned 30.01.24) (resigned 30,01.24) (Treasurer) Brian Ti¢rn¢y ch(leY Mellon (Secrelklry) Sandra Duffy (resigned 30.01.24) Gareth Blackery Rlsk ManAgoment The member.s have as%e5sed ihe major risks to which ihe a8swiatioii is exposed, iii Piirticular those relllted to the operations and finances of the association, and are satisfied that systems are in place to mitig1< te the exposure io th¢ major risks, Financial review The financial perfomance is summarised in the enclosed accounls. Plans for Future Perlods The chL1rity plnS lo continue the activities as outlined above in the forthcoming years subject to satisfactory funding arrangements, The charity ha% accumulated unrestricted reserves of £40,586. Members Responsibilitie5 in Relation to thL. Financial Slatements The members are required to prepare financial statements for that give a true and fair view of the state of the affair.s of the charity at the end of ihe finuncial year and of its 8urplu8 or deficit for the financial year. In doing 50 the members arc rcquircd to: select suitable accounting policies and apply them consistently. make judgements and e.8timate.8 th2L t are reasonable and prudenl; prepare the tinancial statemenls on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The members are responsiblc for mainlaining prop¢r accounting records which disclose with reasoiiable accura¢y at any time the financia1 position of the charity and enables them to ensure that the financial statements comply with the necessary legislation. The members are also responsible for safeguarding the assets of the charity and hence for taking reasonable stcps for th¢ pr¢vention and detection of fraud and oiher irregularlties. This report was approved and auihorised for issue by the Management Committee on 3 May 2024 and signed on it5 behalf by Mem er Member Page 2
On Street Community Youth Indepcndent Exm2iner's Report on the unaudited financial statements to the directors of On Street Community You¢h We report on the accounts of the charity for the year ended 31 March 2024. Respectlve responsibilities of charity committee members and examiner. As the charity's member8 you are responsible for the preparation ot the accounts in accordance with th¢ Chsirities Act (Northern Ireland) 2008. It is our re%pon8ibility to.. examin¢ the accounts under Section 65 of the Charities Act; follow the procedure% laid down in the general Direction8 given by the Commis8ion under Section 65(9) (b) of the Charities Act. state whether particular matter5 have come to our attention. Basls of Independent examincr's roport We have examined your charity accounts as required under Section 65 of the Charities Act and our exiL mini& tion was C<irried oui in accord<ince with the general Directions given by ihe Charity Commission for Northern Ireland under Scction 65 (9)(b) of Ihc Charitie.4 Act. Our examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included considerations of any unusual items or disclosures in the accounts, and seeking explanation from you as charity members concerning any such matlers. Our role is lo state whether any material matters have come to our attention giving us cause to believe: l.That accounting records were not kept in lÉ ccordance with Section 63 of the Charities Act. 2.That the accounts do not accord with those accounting records. 3.That ihe accounts do nol comply wilh th¢ acrounting r¢quirements of the Charities Acl. 4.That there is further inforn)ation needed for a proper understanding of the accounts to be reached. Independent Examiner's Statement Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. We an confirni that we are quolified io undert¢2ke the examination we are registered as members of Chartered Accountant Ireland which 15 one of the li%ted bodies. We have completed the exaniination and havc no conc¢rn8 in r¢spect of the matters 1 4 listed above and, in connection with the following Directions of ihe Charity Commission Northern Ireland; we have found no malters that require drawing to your attention. McGroarty McCaffLir y & Company Ltd Aecountants & Tax Consultants 2 Carlisle Terrace Derry BT48 6JX Date: 3 May 2024 Page 3
On Street Community Youth Statement of Financial Activities ror the year ended 31 March 2024 Unreslricted Funds Restricted Funds 2024 2023 Income and Ei xpenditure Incoming Resources Grants & Sundry Income 16,714 385,101 401,815 348,066 Total Inconilng Resources 16,714 385.101 401,815 348,066 Resources Expended Direct Charitable Expenditure Managem¢nt & Administration 164 21,179 141 109 244,193 141,273 265,372 120.443 229,715 Total Resijurees Expended 21.343 385,302 406,645 350.158 Net Incomlng / (Outgolng) Resources (4,629) (201) (4,830) (2,092) Balances brought forward l April 2023 37,550 7,866 45,416 47,508 Transfer between funds 1.372 (1,372) Balances carried forward 31 March 2024 12. 34,293 6,293 40,586 45,416 The company has no recogni8ed gains and losses other than those included in the results above and therefore no sep¢vate Statement of total reco8ni5ed gains and losses has b¢¢n presented. There is no difference between the net incoming resources for the year stated above and their historical cost equivalents. Page 4
On Street Community Youth Balance sheet a5 Ilt 31 March 2024 2024 2023 Notes Flxed assets Tangible assets 6,293 7,866 Current asscts Debtor Cash ai bi< nk and in h¢ind 23,495 77,802 7,999 75,799 101,297 83,798 Current liabilities Deferrals & oth¢r creditors Acciwals 65.744 1,260 45,048 1,200 10. 67,004 46.248 Net current assets 34.293 37.550 Total Assets less current IlabilEtles 40,586 45.416 Reserves Unreslricted Restricted 34,293 6,293 37,550 7.866 11. 40,586 45,416 The Financial Statementy were approved and auihorised for issue by the Comniittee on 3 May 2024 and sig on its half by: mlttee Member Commilt omber Page 5
On Street Community Youth Notes to the accounts for the year ended 31 March 2024 Accountlng policles The principal accounling policies adopted in ihe preparation of the financial .8talements are set out below and have remained unchanged fr()m ihe previous year, and also have been consistently applied within the same accounts. 1.1. Accounting convention The accounts are prepared under the historical cost convention modified when necessary, and in compliance wilh ihe Charilies SORP (FRS 102). 1.2. Research and development Research expendilure is wriLten off io the profil and loss account in the year in which it is inLurred. 1.3. Tanglble tlxed assets and depreciation Tangtble fixed <28sets are 8tated at cost less depreciation. Depreciation 1% provided at rate.s calculated to write off tlie Cobt or valualion le%% re%idual value of cach asset over its expecled useful life, as follows: Fixlures & Fillings Motor vehicles 200/0 Reduciiig Ball< nce no charge Incomo (i) Grant.q Grants represents all amount8 received and receivable during the year. Capital grants are released to the Statement of Financial Activities in the year in which they are received in line with the Charities SORP (FRS 102). Revenue grunts arc cr¢ditcd to the Statement of Financial Aclivitics in the year they are re¢civcd. (li) Donations & adniinistraiion inconie. Thi5 comprises amounts r¢¢eived during the year. Expenditure (i) Direct Charitable Expenditurc This represent5 all expenditure dircctly attributabLe to charilablc causes. (li) Management & Administration This includes all other expenditure not directly allocated above and a portion of the overhead costs attributable to managen]ent and ¢idniinistration. Page 6
On Street Community Youth Noles to the accounts for the year ended 31 March 2024 Income 2024 2023 Restricted Incom National Loltery Fund - Aw¢irds for All EADFC EA Street Project Tlie National Lottcry Fund - Link Project DCSDC - Good Relations Derry City and Strabane District Council EA Agile Response pcsp EA General Fund Halifax Foundalion Granl Nationwide Grant Afterschools Prg ARCS DEA - Consensual Grant NHIP Shantallow Community Residents A5SOC¢ltion UK Youih Funding EA Youth Intervention EA Crossing borders NIHE Community Grant Community Foundation Nl Xrnas Fund Skeoge Prg Cosls CRJ EA Ccntre Based Project EA NWYS Job5turt Funding 6,476 3,524 7,342 29,548 167,992 171,362 4,000 5,000 685 10,000 9,670 10,295 4,500 6,086 625 4,000 11,329 1,500 7,959 10,000 8,486 313 13,535 9,848 5,500 16,863 1,500 600 23,119 96,774 1,000 48,498 1,500 18,519 385,101 332,847 nrestrieted Income Sundry Income Gallaigh Conimunity Centre Mgt fee DCSDC- Key handling fees 8,412 7,373 929 2.704 10,000 2,515 16,714 15,219 Total Income 401.815 348,066 (i) Restricted Funds Funds received which are eamiarked by the Funder for specific purposes. Such pUoseS are within the overall aims of ihe organisation. Page 7
On Street Community Yi)uth Notes to the accounts for Ihe year ended 31 March 2024 (11) Unrestrlcted Funds Funds which ¢ expendable at the discretion of the compciny in furlherance of the aims of the charity. In addition funds inay be held in order lo finance capital invcstnicnc and working capital. Page 8
On Street Community Youth Notes to the accounts for the year ended 31 March 2024 Resources Expended UnrtrICted Funds Restricted Funds Total 2024 Total 2023 Dlrect Cliaritablc expenditure Programme expen.%e Galliagh Communily Cenlre expenses Facilitators 95,018 670 45,421 95,018 670 45,585 63,273 11,329 45,841 [41,109 141,273 120,443 Unrestricted Funds Rostricted Funds Total 2024 Total 2023 Management & Admlnlstratlon Wages & salaries Staff pension costs Rent Light & He4lt Unifomis Subscriptions Training Insurance Printing.po8tage & 42dvertising Rcpllirs & maintenance Telephone & Internet Monitoring & Evaluation Sundry expenses Computer & website Travelling & Subslstence Donation.% Accountancy Water rates Management fees Bank Chargcs M.I.S training Depreciation of Motor Vehicles DeprLciation of Fix & Fittings 345 218,536 3,115 218,881 3,115 6,731 167,191 5,646 6,170 154 4.650 2,063 1,872 1,200 6.307 2,110 1,049 960 2,397 381 1,735 200 1,200 136 9,010 998 9.600 750 3,936 6,731 155 2,214 2.727 2.369 2,727 1.699 211 2,018 6.514 356 1,989 3,717 6.725 356 2,000 1,669 240 1.909 1,485 1,500 2,163 3,648 1,500 1,320 209 7,373 1,219 1,320 209 7,373 1,219 1,573 1,573 21,179 244,193 265,37? 229.715 Total Expenditure 21,343 385J02 406,645 350,158 Page 9
On Street Community Youth Notes to the accounts for the year ended 31 March 2024 Net Incomlng Resources 2024 2023 Nel incoming resources has been arrived at after charging. Depreciation 1,573 4,686 TAxation There is no laxalion charge for this period as On Street Community Youth has charitable status- Charity number for tax purposes., N100972. Number of cmployees The average monihly numbers of employees during the year, calculated on the bnsis of full time equivalents, was as follows., 2024 Number 23 2023 Number 23 Employees 2024 2023 Salaries and wagcs Pension costs 218,881 3,115 167,191 5,646 221,996 172,837 Page 10
On Street Community Youth Notes to the accounts for the year ended 31 March 2024 Tanglble assets Motor vehicles Equipment Tolal Cost At l April 2023 29,604 3,000 32,604 At 31 March 2024 29,604 3,000 32,604 Depreciation At l April 2023 Charge for the year At 31 March 2024 21,738 1,573 3,000 24,738 1,573 23,311 3,000 26,311 Net book values At.31 March 2024 6,29.1 6,293 At 31 March 2023 7,866 7,866 Debtors 2024 2023 GrLlnis receiv¢ible Other debtors Prepayments 2.000 19.167 2,328 6,300 1,699 23.495 7,999 10. Current liabiliti48 2024 2023 Olher creditors Deferred income Accruals 189 65,555 1,260 23 45,025 1.200 67,004 46,248 Page 11
On Street Community Youth Notes to the accounts ror the year ended 31 March 2024 11. Analysis of net assets between funds Net Current Assets Total funds Fund balances at 31 March 2024 as represented by.. Restrlcted Incomo Funds: Reserves 6,293 6,293 Unrestricted Income Funds 34,293 34,293 40,586 40,586 12. Movomonts in Funds At l April Incoming Outgoing 2023 resources resourcesTransfers At 31 Mllreh 2024 Restrlcted funds: Total restricted funds 7.866 385.101 (385,302) (1,372) 6.293 Unrestrlcted funds: Total uiJre%tricted fund 37.550 16,714 (21,343) 1,372 34.293 45,416 401,815 (406,645) 40,586 Purposes of Restricted Funds Restricted gran18 awarded to the charity is provided to cover the core object5 as explained in directors report. Page 12