Glen Parent Youth Group
Information
| Auditors | McCreeryTurkington StockmanLTD | |
|---|---|---|
| 1 Lanyon Quay | ||
| ‘ | Belfast | |
| BT1 3LG | ||
| Business | address | The Glen CommunityParentYouth Group |
| Glen CommunityComplex | ||
| 41c Suffolk Road | ||
| Belfast | ||
| BT11 9PE | ||
| Bankers | Bank ofIreland | |
| 202 Andersonstown Road | ||
| Belfast | ||
| BT119EB |
Glen Parent Youth Group
Contents
| Page | |
|---|---|
| Management Committee Report | 1-4 |
| Audit report | 5-8 |
| Statement ofFinancial Activities | 9 |
| Balance sheet | 10 |
| Cash flow statement | 11 |
| Notestothefinancialstatements | 12-17 |
Glen Parent Youth Group
Statement of Management Committee's Responsibilities for the year ended 31 March 2025
The committee present their report with the audited financial statements for the year ended 31 March 2025. The accounts have been prepared in accordance with the accounting policies set out in note | to the accounts and comply with the charity's Memorandum and Articles of Association and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019".
Reference and Administrative Information
Charity Name: Glen Parent Youth Group Charity Registration number: 102053 Business Address: Glen Community Complex,41c Suffolk Road, Belfast, BT11 9PE
Trustees
Patrick O'Donnell
Don Carmichael
Greta Doherty Elizabeth Devenny Bernadette Farrelly
Auditors
McCreery Turkington Stockman LTD,1 Lanyon Quay, Belfast, BT1 3LG
Bankers
Bank of Ireland, Andersontown Road , Belfast
Page 1
Glen Parent Youth Group
Statement of Management Committee's Responsibilities for the year ended 31 March 2025
Achievements and Performance
The past twelve months witnessed an increase in the level of Services/activities organised in the Glen Community Complex. More than 55,000 User Visits were made by children, young people, families and adults using our Services for Daycare, After-schools, Youth, Education/Training, Family Support, Sporting, Healthy Living Programmes and Advocacy Services.
We enhanced our Partnership arrangements with St. Gerard's School, Lenadoon Community Forum, Belfast Health & Social Care Trust, Education Authority, Outerwest Family Support Hub, Women into Sport, Lenadoon Community Counselling Project and a wide range of Networking Bodies. Our Social Economy Daycare and After-schools Projects enabled us to employ additional staff. We had a very positive Inspection by the BHSCT Early Years Teams in July 2025. We also had several very positive Moderation Visits for our Youth Services by the E.A. Inspectorate in the past year.
Our Inclusion Project with St. Gerard's now runs two days a week. The revenue from the Daycare and Afterschool's Project this year resulted in a greater income and also an increase in our expenditure and outputs. This enabled us to be able to cover the huge increase in Staff and Running Costs for the Group especially with the increase in minimum wage with increases in gas, electric, food, cleaning and running costs, we wouldn't have been able to deliver the same level of Services in the Complex without the revenue raised by our Social Economy Project. It is also proving difficult to recruit staff with only short-term contracts on offer. We lost several daycare staff who obtained long term employment in schools and statutory bodies.
We witnessed an increase in the number of requests to use our rooms and Main Hall for Meetings, Family Contact, Training, Workshops and Sporting/Health Activities and Programmes. We also hosted a number of activities and Events in the Complex as part of the Lenadoon Community Festival. We moved our Halloween Events Indoors (due to torrential rain) and it proved really successful with over 500 enjoying the Festivities on the evening. We organised and delivered a 7-week Summer Scheme for over 200 young people and an eight-week Summer Camp for 14 young people. Over thirty-five children from our Daycare Project graduated in June. Our Youth Staff Co-ordinated a Winter Toy Appeal locally which resulted in hundreds of toys being donated and distributed to local families. We worked in partnership with Lenadoon Women's Group to facilitate a Winter Families in Need Appeal which resulted in over 120 needy local families and individuals receiving food, Clothes, toiletries, fuel, etc. over the Christmas/New Year period and to supply Utility Vouchers to those in greatest need. ADHA Awareness, Adult Safeguarding, Child Protection, Vaping Awareness, Paediatric First Aid, Mindfulness and Suicide Prevention Training, was provided to the Staff and Volunteers in the past 12 months. Our staff over the past 12 months played a key role in facilitating consultations for local people for the Lenadoon Peoples Plan and also taking part in Strategic Priority setting workshops.
The main focus of our activities, programmes and services throughout the year was targeted at disadvantaged individuals and families, many of whom were referred from a variety of Health and Social Care Professionals. We increased our Reserves to reflect the increase in staff and running costs and to ensure that we would have six months cover in the event of an emergency or loss of funding. We are also conscious of the fact that funding for the majority of our staff was due to end in March 2025 and with political uncertainties, Funders couldn't guarantee anything beyond March 31st 2025.
We adhered to all our Charity Commission obligations and had inspections of our facilities carried out by the Health and Safety Executive, Fire Service and Belfast City Council.
Page 2
Glen Parent Youth Group
Statement of Management Committee's Responsibilities for the year ended 31 March 2025
We will continue to provide a wide variety of Services to the most vulnerable individuals and families within the Neighbourhood to improve their quality of life. We are indebted to our landlords APEX Housing Association for their support and maintenance service throughout the past 12 months. Our staff and volunteers commitment and endeavour over the past year has been incredible.
Financial Review
The results for the year are included in the financial documents. The Groups restricted reserve increased during the year.
Investment policy
Any surplus funds are transferred into short term savings accounts for investment.
Reserves Policy
The Management retain funds in the charity in order to provide sufficient working capital to facilitate the ongoing activities. The target for unrestricted fund reserves is three months support costs.
Volunteers
The charity is appreciative of the efforts of its volunteers who are involved in service provision.
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Glen Parent Youth Group
Statement of Management Committee's Responsibilities for the year ended 31 March 2025
Statement of Management Committee's Responsibilities
We approve the financial statements
We confirm that:-
The Committee of the Group are responsible for the preparation of the financial statements so as to give a true and fair view of the state of affairs of the Group and of the income and expenditure of the Group for the financial year. In preparing those financial statements, the Committee is required to:
--- select suitable accounting policies and then apply them consistently;
--- make judgements and estimates that are reasonable and prudent;
--- prepare the financial statements on the going concern basis, unless it is inappropriate to presume that the Group will continue in business.
The Committee of the Group are also responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Group. They are also responsible for safeguarding the assets of the Group and taking reasonable steps for the prevention and detection of fraud and other irregularities.
For and on behalf of Committee
Manager
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Chairpersor
”
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17th September 2025
Page 4
Glen Parent Youth Group
Independent auditors' report to the members of
Glen Parent Youth Group
Opinion
We have audited the financial statements of Glen Parent Youth Group for the year ended 31 March 2025 which comprise the Statement of Financial Activities , the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including significant accounting policies.The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice),
In our opinion, the financial statements:
-
give a true and fair view of the state of the charity's affairs as at 31 March 2025 and of its incoming resources and application of resources, for the Year then ended;
-
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
However, as we cannot predict all future events or conditions and as subsequent events may result in outcomes that are inconsistent with judgements that were reasonable at the time they were made, the absence of reference to a material uncertainty in this auditor’s report is not a guarantee that the Charity will continue in operation. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
Other information
The other information comprises the information included in the annual report, other than the accounts and our auditors report thereon. The trustees are responsible for the other information. Our opinion on the accounts does not cover the other information and we do not express any form of assurance conclusion thereon. In connection with our audit of the accounts, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the accounts or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the accounts or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
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Glen Parent Youth Group
Independent auditors' report to the members of Glen Parent Youth Group continued
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the Charity and its environment obtained in the course of the audit, we have not identified material misstatements in the directors' report included within the trustees' report.
We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations (Northern Ireland) 2015 require us to report to you if, in our opinion:
-
the information given in the financial statements is inconsistent in any material respect with the trustees' report; or
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sufficient accounting records have not been kept; or
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the financial statements are not in agreement with the accounting records; or
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we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the Statement of trustees' Responsibilities, the trustees are responsible for the preparation of the accounts and for being satisfied that they give a true and fair view, and for such internal control as the committee determine is necessary to enable the preparation of accounts that are free from material misstatement, whether due to fraud or error.
In preparing the accounts, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.
Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from 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 taken on the basis of these financial statements.
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Glen Parent Youth Group
Extent to which the audit was capable of detecting irregularities, including fraud
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities,including fraud is detailed below:
We identified the areas of laws and regulations that could reasonably be expected to have a material effect on the financial statements and risks of material misstatement due to fraud, using our understanding of the entity's industry, regulatory environment and other external factors and inquiry with the Trustees. In addition, our risk assessment procedures included: inquiring with the Trustees as to the charities policies and procedures regarding compliance with laws and regulations and prevention and detection of fraud; inquiring whether the Trustees have knowledge of any actual or suspected non-compliance with laws or regulations or alleged fraud; inspecting the charities regulatory and legal correspondence; and reading Board minutes.
We discussed identified laws and regulations, fraud risk factors and the need to remain alert among the audit team.
The charity is subject to laws and regulations that directly affect the financial statements charity and financial reporting legislation. We assessed the extent of compliance with these laws and regulations as part of our procedures on the related financial statement items, including assessing the financial statement disclosures and agreeing them to supporting documentation when necessary.
The charity is subject to many other laws and regulations where the consequences of non-compliance could have a material effect on amounts or disclosures in the financial statements, for instance through the imposition of fines or litigation. We identified the following areas as those most likely to have such an effect: health and safety, anti-bribery, employment law, environmental law.
Auditing standards limit the required audit procedures to identify non-compliance with these non-direct laws and regulations to inquiry of the Trustees and inspection of regulatory and legal correspondence, if any. These limited procedures did not identify actual or suspected non- compliance.
We assessed events or conditions that could indicate an incentive or pressure to commit fraud or provide an opportunity to commit fraud. As required by auditing standards, we performed procedures to address the risk of management override of controls. On this audit we do not believe there is a fraud risk related to revenue recognition. We did not identify any additional fraud risks.
In response to risk of fraud, we also performed procedures including: identifying journal entries to test based on risk criteria and comparing the identified entries to supporting documentation; evaluating the business purpose of significant unusual transactions; assessing significant accounting estimates for bias; and assessing the disclosures in the financial statements.
Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed non- compliance with laws and regulations (irregularities) is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it.
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Glen Parent Youth Group
In addition, as with any audit, there remains a higher risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. We are not responsible for preventing non-compliance and cannot be expected to detect non- compliance with all laws and regulations.
A further description of our responsibilities for the audit of the accounts is located on the Financial Reporting Council’s website at: http://www. frc.org.uk/auditors responsibilities. This description forms part of our auditor's report.
The purpose of our audit work and to whom we owe our responsibilities This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations (Northern Ireland) 2015. Our audit work has been undertaken so that we might state to the charity's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed.
Richard McClay FCA (Senior Statutory Auditor) For and on behalf of McCreery Turkington Stockman LTD Chartered Accountants
Registered Auditors 1 Lanyon Quay BELFAST BT13LG
17th September 2025
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Glen Parent Youth Group
Statement of Financial Activities (Including Summary Income and Expenditure Account) for the year ended 31 March 2025
| Unrestricted | Restricted | ||||
|---|---|---|---|---|---|
| Funds | Funds | Total | Total | ||
| 2025 | 2025 | 2025 | 2024 | ||
| Incoming Resources | Notes | £ | £ | £ | £ |
| Activities tofurther the | |||||
| charity's objectives: | |||||
| Grant received and other income | - | 1,050,016 | 1,050,016 | 950,897 | |
| Investment Income | 2,232 | - | 2:232 | 1,453 | |
| Total incoming resources | 2 | 2252 | 1,050,016 | 1,052,248 | 952,350 |
| Charitable expenditure | |||||
| Managementand administration | 3 | - | (1,077,957) | (1,077,957) | (986,677 |
| Total resources expended | 4 | - | (1,077,957) | (1,077,957) | (986,677 |
| Net income before transfers | 2,232 | (27,941) | (25,709) | (34,327 | |
| Transfer between funds | - | - | - | - | |
| Netincoming resources | 2;232 | (27,941) | (25,709) | (34,327 | |
| Fund balances brought forward | 60,036 | 238,157 | 298,193 | 332,520 | |
| Fundbalancescarriedforward | 62,268 | 210,216 | 272,484 | 298,193 |
All of the above results are derived from continuing activities. All gains and losses recognised in the year are included above.
The notes on pages 12 to 17 form an integral part of these financial statements.
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Glen Parent Youth Group
| Balance sheet | |||||
|---|---|---|---|---|---|
| as at 31 March 2025 | |||||
| 2025 | 2024 | ||||
| Notes | £ | £ | £ | £ | |
| Fixed assets | |||||
| Tangible assets | 5 | 807 | 543 | ||
| Current assets | |||||
| Debtors | 6 | 1,436 | - | ||
| Cash at bank and in hand | 281,003 | 299,090 | |||
| 282,439 | 299,090 | ||||
| Creditors: amounts falling | |||||
| due within one year | 7 | (10,762) | (1,440) | ||
| Net current assets | 271,677 | 297,650 | |||
| Net assets | 272,484 | 298,193 | |||
| Capital and reserves | |||||
| Restricted Funds | 8 | 210,216 | 238,157 | ||
| Unrestricted Funds | 8 | 62,268 | 60,036 | ||
| 272,484 | 298,193 |
The financial statements were approved by the Committee on 17 September 2025 and signed and approved for issue on its behalf by
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My
Chairperson
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Treasurer
The notes on pages 12 to 17 form an integral part of these financial statements.
Page 10
Glen Parent Youth Group
Cash flow statement
for the year ended 31 March 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Cash generated from operations | ||
| Net income / (expenditure) for the year | (25,709) | (34,327) |
| Depreciation | 236 | 148 |
| (Increase) in debtors | (1,436) | - |
| Increase in creditors | 9,322 | - |
| Investment income recognised in statement offinancial activities | (2,232) | (1,453) |
| Net cash outflow from operating activities | (19,819) | (35,632) |
| Cash flow statement | ||
| Net cash outflow from operating activities | (19,819) | (35,632) |
| Cash flow from investing activities | ||
| Interest received | 2,232 | 1,453 |
| Payments to acquire tangible fixed assets | (500) | - |
| Decrease in cash in the year | (18,087) | (34,179) |
| Reconciliation of net cash flow to movement in net funds | ||
| Decrease in cash in the year | (18,087) | (34,179) |
| Cash and cash equivalents at 1 April 2024 | 299,090 | 333,269 |
| Cashandcashequivalentsat31March2025 | 281,003 | 299,090 |
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Glen Parent Youth Group
Notes to the financial statements
for the year ended 31 March 2025
1. Accounting policies
1.1. Basis of preparation
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The accounts have been prepared in accordance with the charity's governing document and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019". The charity is a Public Benefit Entity as defined by FRS 102.
-
1.2. Resources expended
All expenditure is accounted for on an accruals basis.
Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required, and the amount of the obligation can be measured reliably.
- 1.3. Incoming resources
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified 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.
Investment income is recognised once the income and been declared and notified to bank accounts.
- 1.4. Tangible fixed assets and depreciation
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings
and equipment - 25% reducing balance Motor vehicles - 25% straight line
- 1.5. Cash at bank and in hand
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
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Glen Parent Youth Group
Notes to the financial statements for the year ended 31 March 2025
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1.6. Financial Instruments
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, 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 financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
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Glen Parent Youth Group
Notes to the financial statements
for the year ended 31 March 2025
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1.7. Resources
Incoming resources
All incoming resources are included in the SOFA when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Donations are included as income when they are received. No amounts are included in the financial statements for services donated by volunteers.
Resources expended
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs relating to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources.
- 1.8. Government grants
Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.
A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.
1.9. Employee benefits The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
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Glen Parent Youth Group
Notes to the financial statements
for the year ended 31 March 2025
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| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| 2025 | 2025 | 2025 | 2024 | ||
| £ | £ | £ | £ | ||
| 2. | Grants and other income received | ||||
| Room Hire and Creche hire | - | 24,265 | 24,265 | 24,474 | |
| Belfast City Council | - | 20,629 | 20,629 | 20,000 | |
| Belfast HealthAnd Social Care Trust | - | 50,484 | 50,484 | 56,725 | |
| Education Authority | - | 101,114 | 101,114 | 121,498 | |
| Members Contributions/Daycare | - | 688,368 | 688,368 | 580,723 | |
| Department forCommunities | - | 125,584 | 125,584 | 69,931 | |
| Sundry Income | 2,232 | 4,572 | 6,804 | 14,135 | |
| Pathways Fund | - | 32,000 | 32,000 | 30,000 | |
| Department ofHealth | - | 3,000 | 3,000 | - | |
| Air Core Ventures | - | - | - | 10,000 | |
| Job Start | - | - | - | 24,864 | |
| 2,232 | 1,050,016 | 1,052,248 | 952,350 | ||
| 2025 | 2024 | ||||
| £ | £ | ||||
| 3. | Total resources expended | ||||
| Wages, salaries and pension costs (Restricted) | 825,486 | 674,479 | |||
| Tutor fees/ Sessional fees (Restricted) | 87,124 | 99,162 | |||
| Educational equipment and resources (Restricted) | 2,911 | 9,104 | |||
| Program costs and summer scheme (Restricted) | 35,604 | $1,223 | |||
| Training (Restricted) | 3,412 | 2,254 | |||
| Rent androom hire (Restricted) | 20,000 | 20,000 | |||
| Insurance and Membership Fees (Restricted) | 7,578 | 8,333 | |||
| Light, heat and other running costs (Restricted) | 35,964 | 37,300 | |||
| Cleaning (Restricted) | 16,846 | 15,489 | |||
| Stationery/ Reprographics (Restricted) | 9,411 | 20,995 | |||
| Telephone, Internet and Postage (Restricted) | 3,547 | 2,528 | |||
| Transport/ Diesel (Restricted) | 11,540 | 16,053 | |||
| Audit (Restricted) | 1,860 | 1,740 | |||
| Bank charges (Restricted) | 467 | 519 | |||
| Creche meals and sundry expenses (Restricted) | 15,971 | 11,350 | |||
| Charitable Donations (Unrestricted) | - | 16,000 | |||
| Depreciation (Restricted) | 236 | 148 | |||
| 1,077,957 | 986,677 |
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Glen Parent Youth Group
Notes to the financial statements
for the year ended 31 March 2025
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| 4. | Net incoming resources for the year | 2025 | 2024 | ||
|---|---|---|---|---|---|
| £ | & | ||||
| Net incoming resources is stated after charging: | |||||
| Depreciation and other amounts written offtangible assets | 236 | 148 | |||
| Auditors' remuneration | 1,860 | 1,740 | |||
| Fixtures, | |||||
| 5. | Tangible fixed assets | fittings | and | = =Motor | |
| equipment | vehicles | Total | |||
| £ | £ | £ | |||
| Cost | |||||
| At | April 2024 | 19,889 | 10,410 | ||
| Additions | 500 | - | 500 | ||
| At 31 March 2025 | 20,389 | 10,410 | 30,799 | ||
| Depreciation | |||||
| At 1 April 2024 | 19,446 | 10,310 | 29,756 | ||
| Charge for the year | 236 | - | 236 | ||
| At 31 March 2025 | 19,682 | 10,310 | 295992 | ||
| Net book values | |||||
| At 31 March 2025 | 707 | 100 | 807 | ||
| At 31 March 2024 | 443 | 100 | 543 | ||
| 6. | Debtors | 2025 | 2024 | ||
| £ | 4 | ||||
| Sundry debtors | 1,436 | - | |||
| 7. | Creditors: amounts falling due | 2025 | 2024 | ||
| within one year | £ | £ | |||
| Other taxes and social security costs | 9,322 | - | |||
| Accruals and deferred income | 1,440 | 1,440 | |||
| 10,762 | 1,440 |
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Glen Parent Youth Group
Notes to the financial statements
for the year ended 31 March 2025
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| General | Restricted | |||
|---|---|---|---|---|
| 8. | Statement offunds | reserve | reserve | |
| account | account | Total | ||
| £ | £ | £ | ||
| Total reserves at 1 April 2024 | 60,036 | 238,157 | 298,193 | |
| Total income for the year | 2,232 | 1,050,016 | 1,052,248 | |
| Total expenditure for the year | - | (1,077,957) | (1,077,957) | |
| Totalreservesat31March2025 | 62,268 | 210,216 | 272,484 |
The general reserve represents the free funds of the charity which are not designated for particular purposes.
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