The Charity Commission for Northern Ireland Registration No. NIC102166 HOLY TRINITY YOUTH CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
HOLY TRINITYYOUTH CENTRE CONTENTS PAGE General Information Annual Report of the Trustees Independent Examiner Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 10-15
HOLY TRINITY YOUTH CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 GENERAL INFORMATION CHARITY NAME HOLY TRINITY YOUTH CENTRE REGISTERED CHARITY NUMBER Charity Commission Nl NIC102166 Approved 28 April 2015 CHAIRPERSON Mr Harry Hawkins CHARITY TRUSTEE'S Mr Harry Hawkins Mrs Marguerite Toal Rev Brendan Mulhall Miss Marion Josephine Higgins Miss Emma Courtney Mr Martin Stafford PUBLIC ADDRESS Holy Trinity Youth Centre 2 Norglen Garden5 Belfast BTII 8EL INDEPENDENT EXAMINER Tony Clarke 53 Andersonstown Road Belfast BTII 9AG BANKERS Ulster 8ank Ltd 202 - 206 York Street Belfast BT15 IHY
HOLY TRINITY YOUTH CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 ANNUAL REPORT OF THE TRUSTEES Trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provision of the Statement of Recommended Practice1SORPI 'Accounting and Reporting by Charities, IFRS 1021 in preparing the trustees report and financial statements of the charity. Reference and Administrative Information The name of the charity's trustees at the date this report was approved are listed on page I, together with the address of the principal office of the charity and the charity's registration numbers. Structure, Governance and Management The management committee appoints the chairperson. The management committee appoints the treasurer, secretary and other officers as they decide. Holy Trinity Youth Centre governance is exercised by the management committee which is made up of men and women whose extensive experience in a variety of fields is invaluable to Holy Trinity on a voluntary and strongly committed basis. Day-to-day management of the youth centre is headed by the senior youth worker in charge, assisted by a diverse staff team and volunteers. The worker in charge reports directly to the chairperson and management committee. Administration and accounting oversight operate through regular recording of income and expenditure, forecasting budgets and re-profiling where necessary. The Youth Worker in Charge and Management committee oversee financial governance and agree any variances against income and expenditure. Holy Trinity Youth Centre maintains effective skills audits to ensure personal and professional development of staff members and volunteers: this allows the team to continually deliver effective interventions to young people. Holy Trinity Youth Centre is dependent on securing funding from a range of sources and operates under a banner of reliance on securing grants. Grants in access of £IO.000 were received from the following funder: Education Authority We receive 3 number of other small grants and income from centre membership that allow us to f unction at 3 greater standard and enhance the operations of the centre. Smaller grants were received from: Belfast City Council Henry Smith Charity Co-operation Ireland Halifax Foundation Nl The introduction of the new pension requirements has seen an increase in salary costs that has reduced spend on services and programme areas. We strive to become financially sustainable and this continues to be our aim moving forward.
HOLY TRINITY YOUTH CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 ANNUAL REPORT OF THE TRUSTEES CONTINUED... Programme Delivery Holy Trinity Youth Centre offered a plethora of programmes and activities that enhance and promote the holistic development of young people using our services. Programmes on offer include: West Belfast Peripatetic Youth Projert Holy Trinity Youth Centre as Lead partner in a consortium of youth project5 in West Belfast was awarded a grant by the Education Authority to coordinate the delivery of detached or street- based youth work in West Belfast. Developing Practice, Systems and Quality assurance mechanisms and working collaboratively with partners, agencies and organisations to support detached younE people Eductaional and Emotional Support In March 2021 Holy Trinity Youth Centre received a Grant from the Halifax foundation to support the emotional well-being and educational attainment of 30 young people aged 8-20 through l-l support, academic and educational support and positive well-being activities, this HS Holiday Grant 12 young people 11-13 participated on this project which provided the opportunity to take part on a all-day diversionary and fun based experience. This project was completed in the Context of COVID 19 pandemic and was delivered under the current guidance at that time. After schools Primary school children availed of our after schools programme which was available Tuesdav, Wednesday and Thursday. This provided much needed respite to families and offered learning and social support through our homework club and variou5 Other activities. Approximately 65 children attended per session. Senior and junior member council The member councils ensured that young people were fully participative in the centre and had their voice5 heard on what opportunities should be available throughout the year. Thi5 was supported by youth workers who encouraged debate, planning and communication among their Outreach & Detached work Our trained outreach and detached team engaged with approximately 55 young people per evening in areas known for hotspots of socialising and at times ri5k-taking behaviours. The team provided support and alternatives for young people, including the opportunity to participate in our 'late night programme, as well as other available services. Digital Photography Project Holy Trinity Youth Centre facilitated a Digital life skills Project with the support of a small capital grant to secure the materials which has enhar)ced the digital competencies
HOLY TRINITY YOUTH CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 ANNUAL REPORT OF THE TRUSTEES CONTINUED... Programme Delivery Continued... Youth Centre The youth centre in general welcomes approximately 80 young people per day who participate in a range of programmes, activities and projects. The centre is a safe space to interact with others and supports physical, emotional, spiritual and social wellbeing. Family Support We have a family support worker who engages with familie5 Wlthin the community and provides much needed support to those who are experiencing hardships. This work is undertaken with complete discretion. with maximum confidentiality for those availing of the service. Fresh Start The Fresh Start programme is designed to engage young people who are deemed to be at high risk from paramilitaries. or becoming at risk from paramilitaries both directly and indirectly. The Fresh Start team engage with both the young person and their family to provide support and encourage alternative lifestyle opportunities. The centre offers a range of other opportunities that enhance the development of young people and we continually seek to improve our services. We have developed partnerships with statutory, voluntary, community and private stakeholders who provide a range of supporting mechanisms. Financial Management The Treasurer for the management committee is Mrs. Marguerite Toal who has responsibility for ensuring that the centre meets all of its legal and financial accountability and policy requirements. The centre continues to operate on a grant giving basis and our accounts are based on a cost heading system that ensures we operate only to the amount of grants provided by different bodies and within our own fundraising efforts. The challenge for the year ahead must be to become more sustainable. We will look to address the sustainability issue through the creation of new income streams that will ensure we reduce our dependency upon grant aid. Summation Holy Trinity Youth Centre continues to provide a much needed service to the young people of Turf Lodge and the wider community. We continue to plan and deliver numerous programmes through our staff team. who continue to commit their time and effort all year round. Staff morale and dedication is invaluable to the centre and its many service users. Although financially we continue to remain reliant on grants, we continually explore new opportunities to become more sustainable and self-sufficient. We will continue to apply for additional funding from a range of streams that will allow the delivery of new and exciting projects.
HOLY TRINITY YOUTH CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 ANNUAL REPORT OF THE TRUSTEES CONTINUED... Summation Continued... The management committee remain fully dedicated to the centre and provide a wealth of knowledge, experience and advice on all strategic and operational functions that ensure the centre continues to provide a quality service to young people. We are aware that challenges will continue to present themselves in the coming year and we are ready to overcome them, ensuring the continuation of our much needed and vital service to the young people of Turf Lodge. Financial review The results for the year are set out on page 9 & 10. The charity returned net outgoing resources for the year of I£100.729}12021-.£87.3261. At 31 March 2021 the total funds of the charity amounted to £54,57112021'.£155,299) of which restricted funds were £70,720 {2021:£139,4801 and1£16.149} {2021'.£15,8191 were unrestricted. Reserves policy and going concern Of the total funds reported above, £150,249 is made up of cash at the bank. The trustees are confident that the cash reserves, together with expected future incomes. will be sufficient to meet the working capital requirements for the forthcoming year. The trustees have also considered the extent to which existing activities and expenditure could be curtailed, should the need arise.
HOLY TRINITY YOUTH CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 ANNUAL REPORT OF THE TRUSTEES CONTINUED... Plan for the future To maintain the same level of services in the area. Structure, governance and management Holy Trinity Youth Centre is a registered charity. number NIC102166 and is governed by it constitution. New trustees are appointed when appropriate. Suitable candidates are considered on the basis of their skills. experience and Sympathy with the aims of the charity. New trustees will be agreed at a trustees meeting before being invited to join. Responsibilitie5 of Trustees As the charity's trustees we are aware of our responsibilities for the preparation of the accounts It is also our responsibility to= select suitable accounting policies and then apply them consistently make judgements and estimates that are responsible and prudent prepare the financial statements on the going concern basis unless it IS inappropriate to presume that the company will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with CCNI guidelines. The Trustees are also responsible for safeguarding the assets of the charitv and hence to take reasonable steps to prevent and detect fraud and other irregularitie5. Disclosures of Information to Independent Examiners To the knowledge and belief of the Trustees there is no relevant information of which the organisation's independent examiners are not aware. The Trustees have taken all the necessary steps of which they are aware, provided relevant information and established that the organisation's independent examiners are aware of the information. Signed on behalf of the board of the Trustees Mr Harry Hawkins Chairperson Date
HOLY TRINITY YOUTH CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HOLY TRINITY YOUTH CENTRE ON THE UNAUDITED FINANCIAL STATEMENTS I report on the accounts of Holy Trinity Youth Centre for the year ended 31 March 2022, which are set out on pages 8 and 9. Respective responsibilities of charity trustees and the examiner As the charity's trustees you are responsible for the preparation of the accounts in accordance with the Charities Act INorthern Ireland) 2008. It is my responsibility to.. examine the accounts under section 65 of the Charities Act follow the procedures laid down in the general Directions given by the Commission under section 6519llbl of the Charities Act state whether particular matters have come to my attention. Basis of Independent Examiner's report I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 6519llbl of the Charitie5 Act. My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It was also included consideration of any unusual items or disclosures in the accounts. and seeking explanations from you as charity trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe.. That accounting record5 were not kept in accordance with section 63 of the Charities Act That the accounts do not accord with those accounting records That the accounts do not comply with the accounting requirements of the Charitie5 Act That there is further information needed for a proper understanding of the accounts to be reached. Independent examinerfs statement I have completed my examination and have no concerns in respect of the matters111 to141 listed above and, in connection with following the directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. Tony Clarke FCPA 53 Andersonstown Road Belfast, BTII 9AG Date..
HOLY TRINITY YOUTH CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 STATEMENT OF FINANCIAL AcfiviTIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) Year to 31-Mar-22 TOTAL Year to 31-Mar-21 TOTAL Unrestrirted Restricted Note Income from: Generated Funds Charitable Activities 31,239 31,239 467.477 30.151 382,513 467.477 Total Income 31,239 467,477 498,716 412,664 Expenditure on: Costs of Generating funds.. Charitable Activities Governance Costs Total Expenditure: 63,144 64 63.208 535.517 720 536,237 598.661 784 599,445 324,212 1,126 325,338 Net income / {Expenditurel (31,9691 168.7601 (100,729) 87.326 Transfers between funds Net movement in funds (31.9691 168,760} (100,7291 87,326 Reconciliation of funds Total funds brought forward io 15.819 139,480 155,299 67,974 Total funds carried forward io (16,149) 70,720 54,571 155,300 The statement of financial activities includes all gains and losses recognised in the year. All incoming resources and resources expended derive from continuing activities. The notes on page 10 to 15 form an integral part of these accounts
HOLY TRINITY YOUTH CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 BALANCE SHEET 2022 2021 Note Current Assets Cash at bank Debtors 150,249 199,881 150.249 199,881 Creditors: amounts lallingduewithin onea 195,679) 144,582} Net Current Assets 54.570 155.299 Total Assets less Liabilities 54.571 155,299 Funds Restricted Unrestricted io io 70,720 116,1491 139,480 15,819 TOTAL FUNDS 54,571 155,299 The financial statements were approved by the board of directors on ...O{y II: Ll..... and were signed on their behalf by: Ob. 12. Z Mr Harry Hawkins Trustee Date
HOLY TRINITY YOUTH CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 NOTES TO THE ACCOUNTS l Accounting policies Charity information Holy Trinity Youth Centre is a registered charity in Northern Ireland - CCNI Number= NIC102166. The registered office is: 2 Norglen Gardens, Belfast, BTII 8EL. 1.1 Accounting convention The financial statements are prepared under the historical cost convention and comply with financial reporting standards for Smaller Entities and the Statement of Recommended Practice ISORP} "Accounting and Reporting by Charities" effective January 2015. Thi5 has been adopted in these financial statements. The principal accounting policies are set out below. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below. 1.2 Going concern At the time of approving the financial statements, the trustee5 have a reasonable expectation that the charity has adequate resource5 to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustee5 in furtherance of their charitable objectives unless the funds have been designated for other purposes. Restricted funds are subject to specific conditions by donors as to how they may be used. 1.4 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 notif led of the donation, unless performance conditions require deferral of the amount. Income tax recoverable relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Turnover 15 measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of bu5ine55, net of discounts, VAT and other sales related taxes. io
HOLY TRINITY YOUTH CENTRE FINANCIAL STATEMENT5 FOR THE YEAR ENDED 31 MARCH 2022 NOTES TO THE ACCOUNTS CONTINUED... 1.5 Resources expended Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. The charity is below the charity audit threshold and therefore is exempt from reporting expenditure on an activity basis. The charity has opted to report by the nature of expenditure rather than on an activity basis. 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation. net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of a55ets less their residual values over their useful lives on the following bases: Equipment 25% reducin8 balance 1.7 Cash and cash equivalents 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. 1.8 Financial instruments Financial instruments are recognised in the charity's balance sheet when the charity becomes party to 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 li
HOLY TRINITY YOUTH CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 NOTES TO THE ACCOUNTS CONTINUED... 1.9 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. 1.10 Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transartion, 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. 1.11 Derecognition of financial liabilities Financial liabilitie5 are derecognised when the charity's contractual obligations expire or are discharged or cancelled. 1.12 Employee benefits 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. 1.13 Critical accounting estimates and judgements In the application of the charity's accounting policies. the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other source5. The estimates and 35sociated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimate5. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period. or in the period of the revision and future periods where the revision affects both current and future periods. 12
HOLY TRINITY YOUTH CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 NOTES TO THE ACCOUNTS CONTINUED... 2 Generated Funds 2022 2021 Unrestrirted Restricted Funds Funds TOTAL TOTAL Generated income Totals 2022 31.239 31,239 31,239 31,239 30,151 30,151 Totals 2021 30,151 30,151 3 Activities for eneratin funds 2022 2021 Unrestricted Restricted Funds Funds TOTAL TOTAL Grants Totals 2022 467.477 467,477 467.477 467.477 382,513 382,513 Totals 2021 8,072 374,441 382,513 4 Staff Costs and Numbers 2022 2021 Wages and Salaries 302,504 302,504 203,708 203,708 No employee received emoluments of more than £60,00012021: None) The average monthly number of employees (including the trustees) during the year, calculated on the basis of full time equivalents. was as follows= 2022 Number 13 2021 Number li 13
HOLY TRINITY YOUTH CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 NOTES TO THE ACCOUNTS CONTINUED... 5 Ex enditure on charitable activities Analysis of resources expended 2022 2021 Unrestricted Restricted Funds Funds TOTAL TOTAL Cleaning Programme costs Insurance Light, Heat and Water Repair5 and maintenance Sundry expenses Telephone Pension Wages and 5alarie5 Total 2022 423 423 228.450 596 62,294 2,775 7,748 366 760 2,522 43,442 203,708 324,212 228,450 3,192 193 2.657 249 50.377 6,051 63,144 5,850 9.042 193 7.421 249 50,377 302,504 598,661 4,764 296,453 535,517 Total 2021 324,212 324,212 6 Accountancy Bank Fees Total 2022 720 720 64 784 1,080 46 1,126 64 64 720 Total 2021 1,126 1,126 7 Debtors 2022 2021 Grants Receivable Prepayments Holy Trinity Youth Centre have recently been accepted into the Nl teachers pension this had taken some time to get confirmation that youth workers are eligible. The reason it had taken so long was due to clearances and back long with Covid19, Holy Trinity Youth Centre have just recently received correspondence from Nl teachers Pension to state that the Charity can start making payments. The amount in the balance sheet represents an accumulation of 4 years of pension at 25% employers contributions. 14
HOLY TRINITY YOUTH CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 NOTES TO THE ACCOUNTS CONTINUED... 8 Creditors 2022 2021 Trade Creditors Pension lability Accruals & Deferred Income 1.860 93,819 1,140 95,679 1,140 9 Inde endent examiner's remuneration The independent Examiner's remuneration amounts to an Independent Examination fee of £72012021- £720) 10 Funds Balance at Movement in l April 21 Incoming Resources Outgoing Transfer of Balance at Funds 31 March 22 Restricted funds Education Authority Belfast City Council Halifax Coperation Ireland Henry Smith Total restricted funds 139,480 452,096 5.062 6,170 2.500 1,650 467.477 1520,8561 15.0621 16,1701 12,5001 11,6501 (536,2371 70,720 139.480 70,720 Unrestricted funds General 15.819 15,819 31.239 31,239 163,2081 (63,2081 116,1501 116,150) Total funds 155,299 498,716 1599,445} 54,570 11 Post-Balance Sheet Events Nothing to report. 12 Related Parties The Charity does not have any related parties. 13 Trustees remuneration & ex During the year. no Trustee5 received any remuneration12021 £NILI. During the year, no Trustees received any benefits in kind12021 £NILI. During the year. no Trustee5 received any reimbursement of expenses12021 £NILI. enses 15