On Street CommunSty Youth Accounts for the year ended 31 March 2025
On Street Community Youth Contents Page Informsltion Management Committee Report Iiidependent Examiner's Report Statement of Fin1<llcic11 ActLvilie Balance she¢l Notes lo the accounts 6-12
On Street Community Youth Informatlon Accountants McGroarty Mccafferty & Company Ltd Accounlanls & Tax Consultants 2 Carlisle Terrace Derry BT48 6JX Address l A Fairview Road Derry BT48 8NU Charlty No: N100972 NI Charlty No: NIC101918 Bankers AIB (NI) M¢adowb2L nk Derry BT4117TN Chairpersnn Mi& rtin Connolly Secretary Ch&1rley Mellon Treasurcr Thomas Mullan Comnilttee Members Gareth Blackery Brian Tiemey Page I
On Street Community Youth Report to Management Committee The Management Committee present their report and rhe financial statement8 for the year ended 31 March 2025. Objectlves and actlvltles The charity is esiablished to provide, maintain and promote facilitie5 and activities of a social. spiriiual, culiural, educational and recreational nature with ihe object of iillproving the conditions of life of children and young peopl¢, wilhoul dislinction of sex, poliLiLal, religious or ollicr opinion. Managcmcnt Committoe The members of the charity for the purposes of ch11 rity law 12nd throughout thi5 report are collectively referred to a8 memberb. Tlie nicnibepi %crving during the year and since the yettr end were a.s follow%: Mllrtin Connolly Charley Mellon Tlioma% Mulliin Brian Tierney Gareth Blackery (ChaiTyerson) (Secretary) (Treasurer) Risk Management The mcmbcrs havc n%sc8scd the mnjor risks to which the 42SSOc1lt]0n is exposed. in particulur tlio.sc rclalcd io the operations and flnances of Ilie association, 1nd c1re S<1tisfied that systems are in place to mitigate the expo%ure to the major risks. I Inanclal revlew Tlic financial pcrfornianLe is summariscd in Ihc cncloscd accounts. Plans for Future Periods The charity plans to continue the activilies as outlined above in the forthL'omin8 years subject to 5atit•factory funding aangements. The charity has aLcumulated unrcslriclcd rcscrvcs of £32,420. Members Responsibilities in RelRtion to the Financial Statemcnts The members are required to prepare financial statementb for that give a truc and fair view of the stule of IhL4 affairs of the charity at the end of the fjnancial ycur and of ils surplus or deficit for the financial year. In doing 80 the members are required to: select ?iUitable accounting policies and apply them ¢onsiRlently: mttke judgements and estim2& tes that are reasonable and prudent; prepare the financial stalemenis on the going concern basis unless it is inappropriate 10 pre8umc that the charity will continue in business. Tlie nienibers are re%ponsible f()r mJintLining proper accounling records which disclo%c with rea%onable accuracy at any time the financial po8ltion of the charity and enubles them 10 ensure that the financial statements comply with the nece.ssary legiglation. The members are albo responsible for safeguardins the assets of the charity É1nd hence for laking reasonable steps for the prevention and deleLtion of friiud and other irregularities. Tliis report W2L g approved L2nd auihorised for i8sue by tlje Management Cornmillee on 30 May 2025 and gigned on its behalf by ber Member P9gp. 2
On Street Comn)unity Youth Independent Exnialner's Rcport on the unaudited financial statements to the dlrectors of On Street Comniunity Youth We report on the account8 Ot (he charily tor the ycar ended 31 March 2025. Respectlve responslblllties of charlty committee members and examiner. A8 th¢ charily's mcmbcrs you ar¢ rcsponsibl¢ for Ihc prcpnrotion of the accouiits in accordance wiLh the Chnriti¢s Act (Northern Ireland) 2008. Tt is our responsibility to: cxamine thc account5 ui)der Scclion 65 of the Charities Aci; follow thc proc¢dur¢s 11& id down in Ihc g¢neral Dir¢ctAons given by the Commission under Seclion 65(9) (b) of ihc Charilics Acl., state whether particular matter8 have come to our &1ttention. Basis of Independent exAminer's report We have examinLd your charity accounts as required under Section 65 of the Charities Act and our examination was carried out in accordanc¢ wilh th¢ general Direction5 given by thc Cl)ltY Commission for Northern Ireland undcr Section 65 (9)(b) of the Charitie5 Act. Our exllminntion included n review of the Accountin8 records kepl by Ihe charity and u compari%on of the accounts pre.sented with those records. It nlso included considerations of any unusual items or disclosures in Ihc accounl.s, and sccking cxplnnation from you as charily members conceiming any such mallcrs. Our role is to stale whether any material matters have corne to our attention siving us C4lU5¢ to believe.. l.Thal accounting record.s were noi kept in accordance wiih Section 63 of the Charitic.s Acl. 2.That Ihe accoun15 do not accord with thot>¢ accounting rLcord8. 3.Thal the accounts do not comply with the accounting requirenient5 of the Charities Act. 4.ThaÉ there ib further information needed for a propcr understanding ot the accounts to be reached. Independent Examiner's Statement Since your cliarity'b gros% income exceeded £?50,000 your examiner must be a meniber of a li%ted body. We can confirm that we are qualifi¥d 10 undertake the examination as we are registered as members of Chartered Accountant Ireland which is one of the listed bodie8. We have conipleied the examinaiion and have no concern% in respect of the maiiep• 1 4 listed above and, in connection with Ilie following Directions of the Ch1& rity Commission Northern [lnd. we h&1ve found no matters that require drawing to your attention. McGroarty M C fferty & Co Accountants & l'ax Consuliants 2 Carlisle Terrace Derry BT48 6.JX any Lt Date: 30 May 2025 Paoe 3
On Street Community Youth Statement of Financial Activities for the year ended 31 March 2025 Unrestricted Funds Restricled Funds 2025 2024 Income and Expendlture Jncoming Resources Grant5 & Sundry Income 361,965 392.510 401,815 Total Jncomlng Resources 361.965 -392,510 401.815 Resources Expended Direct Charitable Expenditure Manllg¢ment & Administrnlion 11,382 21,0.36 90.247 271,704 101,629 292.740 141,273 265,372 Total Resources Expended 3?,418 361.951 394.369 406,645 Net Incoming l (Outgoing) Resource.$ (1,873) 14 {1,859) (4.830) Balances brought forward l April 2024 34.293 6,293 40.586 45,416 Balan¢cs c[ried forwiird 31 Marcl12025 12. 32.420 40,586 The company has no recognised gains and los.ses other than those included in the results above and therefore no separate st24 tement of total recognised gains and losses ha5 been presented. There is no diffL>rence between the net incoming re50urL¢s for thc year stated above and their historical cost equivulcftt8. Page 4
On Street Community Youth Jlalance sheet as at 31 March 2025 2025 2024 Fixed assets Tangible assets 5,034 6,?93 Current assets Debtors Cash at b<1tik and in hand 11,083 88,405 23,495 77,802 99,488 101,297 Currottt liabilities Deterrals & other creditors 65,795 65,744 1,260 io. 65,795 67.004 Net current assets 33.693 34.293 Total assets less current lfiabllltles 38,727 40,586 Reserves unre.stricted Re8tricted 3?,420 6,307 34,?93 6,293 11. 38,727 40,586 The Financi&11 Statements were approved and authoris¢d for issue by the Coinmitke on 30 May 20?5 and Signed on its behalf by: mlttee Member Commltte mber Page 5
On Street Community Youth Notes to the accounts for the year ended 31 March 2025 Accounting pollcies The principal accounting policies odopied in the preparation of the financial statements 4ire set out below and have remained unchanged frorn the previous year. and also have been consistently applied wiihin the same accounts. 1.1. Accnuntlng conventlon The accounts are prepared under the historical cost convention modified when necessary, and in compliunce with the Charities SORP (FRS 102). 1.2. Research and development Rcs¢arLh cxpcndilure ib written off lo the profit and105s account in Ihc year in which il is incurred. 1.3. Tangible fixed as5Cts and depreeiAlion Tangible fixed a.%sets llre stated al cost less depreciation. Depreciation is provided at rale% CL11culated to write off the co%t or valuation le%5 re%idual vaLue of eacli asset over its expected useful life. 47S follows.. Fixtures & Fitting.q 2010 Reducing BIL lance Incon)e (i) Grants Grants represents all aniount5 received and receivable during the year. Capital grants ar¢ r¢lcascd to thc Statcmcnt of Financi2& l Activities in the year in which they arc received in linc with the Charities SORP (FRS E02). Revenue gran15 are credite(I to the Statement of Financial Activities in the yeiir they are received. (li) DonLltion.8 & admini.stration income, This compri.sc8 amounls rcceivcd during the year. Expcnditurc {1) Direct Charit4ible Expenditure This represents &211 expenditure directly attributable to churilable causes. (li) Management & Admittistralion This includes all other expenditure not directly allocated above and a portion of the overhead costs atiribulable io managcmcnl and administration. Page 6
On Street Community Youth Notes to the accounts ror the year ended 31 Mar¢li 2025 Income 2025 2024 Restrlct Income National Loiicry Fund- Awards for All EA Street Project The National Lollery Cnmmunity Fund -youth Matters The National Lollery Fund - Link Project Derry City and StrabÉ1ne District Council EA Agile Response pcsp Halifax Foundation Grant Nationwide Granc Allerschools Prg EA Sunimer Intervention NHIP Clarei)don Medical Carc Pnck8 Children In Need Funding Youth Support Fund Luncheon Fund GCC Luncheon - Older People's Fund RHACCS Rlldius Hou.sing Pennyburn CU Volunteer co%t Victoria Homes GCC Co¢rcivc Control Prograrnme Programme costs donaiions UK Youlh Funding EA Crossing borders NIHE Community Grant Community Foundation Nl Skeo8e Pr8 Costs CRJ EA Centre Based Project EAIDFC -youth Worker Wages 6,476 29,548 22,538 160.071 167.992 5.000 685 10.000 4,500 6,086 625 7,500 16,954 6,000 1,000 200 12,118 3,555 655 2,100 250 .500 500 I,L70 2.128 1.125 10,000 10,000 313 13,535 9,848 600 23.119 96,774 52 2,000 995 98,927 11.627 361,965 385,101 Unrestricted Incom Sundry Income Gallaigh Community Centre Mgt fee DCSDC - Key handling fccs 17.139 7,697 5,779 8.412 7,373 929 30,545 16,714 Total Income 392,510 401.815 Paoe 7
On Street Con)munity Youth Notes to the aLcounts for the year onded 31 March 2025 Restrlcted Funds Funds received which are earmarked by the Fundcr for specific purpo%e%. Such pU0e.5 are within the overall aims of the organisation. (11) Unrestrlcted fi unds Fundi whicli are expendable ut the discretion of the Company in furtherance of the aims of tlie charity. In addition funds niay be held in order to finance capilal investment and working capitul. Page 8
On Street Community Youth Notes to the accounts for tlie year onded 31 March 2025 Resources Expendcd Unrestrlcted Funds R&stricted Total 2025 Total 2024 Direct Charitable expendlture Programme expenses Galliagh Community Centre expen5CS Facilitators 7,142 68,517 75,659 95,018 670 45,585 4,240 21,730 25,970 11.382 90,247 101,629 141,273 Unrestricted Funds Restricted Funds 'rotal 2025 Total 2024 Managoment & Admlntstratlon Wages & Salaries Staff pension costs Reni Unifomis Subscripiions Training Insurancc Printin8,POStage & udvcrtising Repairs & mainien&nce Telephon¢ & internet Monitoring & Evaluation Sundry expenses Computer & website Trovelling & Subsistence Dtsnalion% AcLountancy Water i'ules Management tees Bank Charges Legal and profcs8ional fees Depreciation of Fix & fittings 235.288 235,288 218.881 3.115 6,731 2,369 2.727 4,165 2,565 1,543 3.073 6.730 1.543 3.073 4,002 5,086 55 1,971 4.002 5,126 55 1,971 5,760 3,603 3,717 6,725 356 2.000 40 5.760 2,195 1.408 1,909 1,418 80 8,.531 9,949 80 1,260 3.648 1,500 1.320 209 7,373 1,21() 1,260 7,373 7,373 1,274 960 1,259 1,269 960 1,259 1,573 21,036 271,704 292,740 265,372 Total Exptnditure 32,418 361,951 394,369 406,645 Page 9
On Street Community Youth Notes to the accounts for the year ended 31 March 2025 Net Incoming Resources 2025 2024 N¢l incoming resource5 has been arrived at ter cliargiiig. Depreciatioii 1,259 1,573 Taxatiun There is no taxation cliarge for this period a8 On Sir¢¢l Community Youth has charitable slatU8 - Ch<lrity numbcr for tox purposc.8: N100972. Number of employees The overAge monthly number5 of employees during the year, calculat¢d on the busis of full iimL equivalents, wa,8 as follows.. 2025 Number 24 2024 Number 23 4 mploy¢es 2025 2024 Salaries and wages Pension Cobtb 235,288 218,881 3.115 ?38,722 ?21,996 Page 10
On Street Commllnity Youth Notes to the accounts for the year ended 31 March 2025 Tangible assets Motor vehlcle8 Equlpment Total Cost Al l April 2024 Ai 31 March 2025 29,604 3,000 32,604 29,604 3,1)00 3?,604 Depreciation At l April 2024 Churgc for Lhe yeur ?3,311 1,259 3,000 26,311 1,259 At 31 March 2025 24,570 3,000 27,570 Net book values At 31 March 2025 5,034 5.034 At 31 March 2024 6,293 6,293 D¢btors 2025 2024 Grant% receivable Other debtors Prcpaymcnis 2,000 19,167 2,328 8,486 2,597 11,083 23,495 10. Current liabilitios 2025 2024 Other creditors Deferred income Accruols 189 65,555 1.260 65,795 65.795 67.004 Page 11
On Slreet Communily Youth Not¢s to the accounts for tlie year endod 31 March 2025 ii. Analysls of net assets between funds Nct Current Total funds Fund balance% £2t 31 Marcli 2025 repre%ented by.. Restricted Income Funds: R¢.scrvcs 6,307 6,307 Unrestricted Incumc FundEi 32,420 32,420 38,727 38,727 12. Movements In Funds At l Aprll Incomlng Outgoing 2024 resources resourcesTransfers At 31 March 2025 Re5trlcted fundfj. Total re%tri¢led fund 6,293 361.96.5 {361,951) 6,307 Unrestricted funds: Total unrestricted fund5 30.545 (32.418) 32,420 40.586 392.510 (394,369) Purposes of Rcstrictcd Funds Restricted grants awarded to the charily 18 provided to cover the core objects as explained in directors report. Page 12