Charlty NUrnr. NIC102166 Holy Trlnlty Youth Centre {A company Ilmlt•d by gu•r•nt••. not h•vlng • #harn ¢•plt•ll Annual Report and Audlted Flnanclal Statements for the flnanclal year ended 31 March 2023 DNTCA Llmlted Ch•rtorod Aceountsnts and Statutory Audltor Ornieau Hou80 91.97 Ornieau Road Bolfa8t BT7 1SH
Holy Trlnlty Youth Centre {A comp•ny Ilmlt•d by gu•rant••. not h•vlng • shar• c*phll CONTENTS Pago Trustees. and Other Infomiation Trustees, Annual Report Statement of Trustees, Responsibilities Independent Auditorfs Report 8-10 Statement of Financial Activities 11 Balance Sheet 12 Notes to the Financial Statements 13-17
Holy Trlnlty Youth Centre IA company Ilmlted by gu•ranto9, not havlng • •h•r• capltsll TRUSTEES, AND OTHER INFORMATION Tru•to9• Mts Marguerite Toal Rev Brendan Mulhall Mr Martin Stafford Miss Emma Courtney Miss Marion Josephin6 HvJgins Michael Sween8y (Appointed 19 November 20221 Claire Webb (Appointed 19 Novémber 2022) Chalrpornon Mr Harry Hawkins Charlty Numbor In Northom Ireland NIC102166 Prlnclpal Addre 2 Norglen Gardens Belfast Antrim BT118EL Audltor• DNTCA Limited Chartered A¢untants and Statutory Auditor Omeau Hous8 91-97 Oryneau Road Belfast BT7 1SH Prln¢lpal Bank•rn Ulster Bank 202-206 York Street Belfast Antrim BT15 1HY
Holy Trl nity Youth Centre IA company Ilmlt•d by guarant••, not hovlng • •har• caplt•ll TRUSTEES, ANNUAL REPORT for the financial year ended 31 March 2023 The trustees present thèir Trustees, Annual Report, combining the Directors. Report and Trustees, Report. and the audited financial statements for the financial year end8d 31 March 2023. The financial ststements are prepared in accordance with the Companies Act 2006. FRS 102 'Thé Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Chantie$.' Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with th8 Financial Reporting Standard applicabF8 in the UK and Republic of Ireland (FRS 102). The Trust8es' Report contains the infornats'on requir8d to be provided in the Trustees. Annual Report urKJ8r the Slalement of Recommended Practice (SORP) guidelines. The trustees of the charity are also charity trustees for th8 purpose of charity law and under the charity's constitution are known as members of th8 board of trusteès. In this report the trustees of Holy Trinity Youth Centre pres8nt a summary of its purpose, gOV8rnance, activrties, achievements and finances for the financial year 31 March 2023. The charity Is a registered charity and hence the report and results are presented in a fom which mpli8$ with the r8quiremenls of the Companies Act 2006 and, although not obliged lo comply with the Statement ol Recommended Practice 8pplicabte in the UK and R8public of Iland FRS 102, the or9anisation has imp18mented its recommendations wher8 relevant in these financial statsments. Structure, Governan1 and Management Th8 rnanagemenl wmmittee appoints the chalrwrson. The management committee appoints the treasurar, secretory and oth8r 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 exp8rience in a variety of figlds is invaluablé lo Holy Trinity on voluntsry and strongly commffted basls. Day-to4ay management of the youth centre is headed by the senior youth Vrker in charge, assisted by a diverse stsff team and volunteers. The worker in charge reports directly to the chairperson and management committ88. Administration and accounting overslghl opgrate through regular recording of income and expenditure, forecastlng budgets and re-profiling where necessary. The Youth Wother in Charge and Management committee oversee financial govemance and agree any variances against income and expenditure. Holy Trinity Youth Centre maintalns effective skills audits to ensure personal and professlonal development ol gtsff members and volunteers., this allows tha t8am to continually delivèr effective int8rv8nlions to young p8oplg. Holy Trinity Youth Centre is dependent on séGuring funding from a range of sources and operates under 8 banner ol rellance on securing grant8. Grants in access of £10,000 were received from the following funder.. Education Authority Department for Communities Tho Henry Smrth Charity INe receive a nurnber of other small grants and income from ¢entre membership that allow us to function at a greater standard and enhance the operations of the centre. Smaller grants were received from.. Halifax Foundation Th8 Nation81 Lottery Community Fund Th8 Ireland Funds Cooperation Ireland Departrnent of Justice (Asset Recovery Scheme) These grants have enabl8d us to continually d&v8lop our interventions with young people and increase opportunities for engagement, supporting young people's needs through a range of activities. Progromme delivery Holy Trinity Youth Centr8 offered 8 plethora of prtsjrammes and activities that enhance and promot the holistic development of young people using our servi(%s. Prcsramme$ on offer include: Extended Late-Night Programme The late-night prchJramme ran on a Wednesday. Friday and Saturday evening for our senior membgrs. Thls provided an alternative to congregating on the streets and supported the prevention and reduction of 8ny possibb anti-social behavior. After schools Primary school children availed of our after schools programme which was available Tuesday. Wednesday and Thursday. This provided much need respite to families and offered leaming and social support through our
Holy Trlnlty Youth Centre {A eomp•ny Ilmltod by guarnnto•. not h•vlng • •harn capltsll TRUSTEES, ANNUAL REPORT for the financial year ended 31 March 2023 homework club and various other activities Additional supportiv8 onewone and target&d interventions and programmes vAre delivered with the support of the Halifax Foundation. Coordination of Detached work Our staff continued the second year of a West Belfast Detached and Street based Coordination project involving 7 partners across the West of the City with Holy Trinity YC as the lead Partner. ProvIng coordination. capacity building. practice, and peer support bespoke training was also provided to each organization enabling trained outreach and detached teams across Wesl Belfast engaged with approximately 70 young people evening in areas known for hotspots of socializing and at times risk-taking behaviors. The teams provided support and alternatives for young peoplè, Cross Community Programm8 Through a Grant from The Ireland FurKls Holy Trinity Youth Centre developed a piece of Good relations arKJ Cross community youth work with one of our partners from the PUL community, The project brought together 16 young people from the 2 main tradilions and developed a programme rooted in Resp8Ct for difference, Shar8d History and r818tionships, This programme will continue into th8 next financial year to complete the delivery of the programme Youth c8ntre The youth centre in gener81 welcomes approximately 80 young people per day who participate In a range of programmes, activities, and projects. The centre 18 8 $8fe Space to interact with Ot15 and supports physical, emotional, spiritual and social l1b81ng. inter Family support We have a family support wOar who engages with families within th8 community and Pfovldes much needed support to thos8 who are expenencing hardships. Th18 work is undertaken with complet6 discretion. with maxlmum confidentiality for those availing of the seNce. Fresh Start The Fresh Start programme 18 désigned to engagè young people who are deemed to be al high risk from paramilitari88 or te¢oming al risk from paramilitaries both directly and indirectly. The Fresh Start tsÉm engage with both the young person and thelr family to provide support and encourage attemative life8ty18 opportunities. Targèted Pro3rammes Through support from the Department for Justice and others we delivered a pièc9 of work larg818d al some of th8 most at risk and vulner8bl8 young people in our community this project increased positive community participation, Reduced ASB incidents and supported young Ople lo rngage with education, Other targeted programmes supported young people with health and v11-beIng.1eader$hlp, skills development and c4wc responsibllity Creating Capaclty Through a Grant from The National Lottery Community Fund's Award8 For All Scheme we were able to develop a training and capacity building programme for staff and volunteers that enables staff lo train in developmental leaming and re-structuring the organizalion, The programme also allowed us to provid8 a training and d8velopment programme for young leaders and volunteers. Membershlp My staff tearn and I continue to work as hard as we can to maintain our current mernbgrship levels and as you can see our membership nuMrn are similar to pr8vious yearg Excluding last year due to Covid19, we are still struggling to get back to maximum capacity in the saf&sl way possible we dld however see increased pgrticipation during summèr months due to the programme offered and staffs commitment. Attend8nc8 figures on a daily basis are reflective of the continued interest in our ongoing provision. The daily figures have been set out below and set OLrt in monthly averages. We maintained contact with young people as best we coukl, via online, safe use of outdoors under cuffenl guidelines at the time however this sb'll limited the engagement we could have. Summation Holy Trinty Youth Centre continues to prowde a much-needed servic8 to the young people of Turf Lodge and the wider community, parb'culady during the increasingly pressurized cost of living crisis. We rx)ntinue lo plan and deliver numerous programmes Ihrough our staff team, who continué to commit their tim8 and effort all year round. Staff morale and dedication is invaluable lo the c8ntre and its many service u8eTS. Although fin8n¢ially we continue to remain reliant on grants, we continually 8xplore new opportunitiès to become more sustainable and self-sufficient, w8 ar8 in a difficult financial position moving into the new finanaal yéar. WJe already
Holy Trlnity Youth Centre IA ¢omp•ny Ilmltsd by guarant•e, not havlng • •h•rn c•pttall TRUSTEES. ANNUAL REPORT for the financial year ende(131 March 2023 and will continue to apply for additional funding from a range of streams that will allow the sustainability of our core WO as we aim to deliver of new and exciting projects. Thg management committee remain fully dedicated to the ¢entr8 and provid8 a wealth of knovledge, experience and advicè on all strategic and operational functions that ensur8 the centre continues to provide a quality Servi to young people. Flnanelal Rovlew The results for the financial 8T are set out on page 11 and additional notes are provided showing In¢om8 and expenditure in greater detail. Flnanclal Re8uIts At the end of the financial year the charity has assets of £171.260 (2022 £150,249) and liabilities of £147.177 {2022 - £95,679). The n&1 assets of the chanty have decreased by £130.487). Tru8too1 The trustees who served throughout th8 financial year, except as noted, were as follovffj.. Mrs Marguerits Toal Rev Bréndan Mulhall Mr Martin Stafford Miss Emma Courtn8y Miss Marion Josephine Higgin8 Micha81 Sweeney (Appointed 19 November 2022) Claire Wèbb (Appointed 19 November 2022} In accordanc8 With thè Constitution, the trust888 retire by rotation and, being eligibl8, offer themselves for Te4lection. Compllanco wlth Sector.Md• L•gl•latlon and Stsndird• Th8 charity 8ngag&s pro-actively with legislation. standards and codes which are developed for th8 sector. Holy Trinity Youth Centre subscrib8$ lo and is compliant with tho following.. Thè Companies Act 2008 The Charities SORP {FRS 102) The Audltor• The auditors, DNTCA Limited, {Chartered Accountants) have indicated their willingness to continue in offi(x in accordance with thè provlsions of Section 485 of the Companies Act 2006. Approv•d by tho Brd of Tru•to•1 on and •lgn?d on Its beh•lf by: Hawkln• Chalrpèrson
Holy Trlnlty Youth Centre IA comp•ny Ilmlted by guarnnt••. not havSng a shar• ¢•plt•ll STATEMENT OF TRUSTEES. RESPONSIBILITIES fof th8 financial year ended 31 MarGh 2023 The trustees, who are also directors of Holy Trinity Youth Centr8 for the purposes of company law. ar8 responsible for preparing the financial statem8nts in accordance with applicable law and regulations. Company law requires the trustees as the directors to prepare financial statements for e8ch financlal year. Under that law the trustees hav8 elècted to prepare th8 financial ststemenls in accordance with United lfjngdom Generally Accepted Accounting Practice IUnit8d Kingdom Accounting Standards and applicable lawl induding FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Enb'ties). Under company law the trusteès must not approve th8 financial statements unless they ar8 satisfied that they give a true and fair vi8w of the stale of affairs of the company and of the surplus or deficit of the company for that period. In preparing these financial statemenls. th8 trustees are required to.. sélect suitable accounting policies and apply them consistently: observ8 th8 methods and principles in the Charities SORP make judgements and a¢untIng estimates that are reasonable and prud8nt- stale whether th8 financial statements have been prepared in aCr¢janCe with applible accounting standards, id&nlify those standards. and note the effect and the reasons for any material departure from those standards- and prepar8 the finan¢iel slalements on the going concern basis unless il is inappropriate to presume that the charity will ntinUe In opgration. As explaingd in note 3, stat8 whether the appllcable in the UK and Republic of Ireland FRS 102 has been followed: The trustees are responsible for keeping adequate accounting records that ar8 sufficient to show and explain the charity's transactions and disclose with reasonable accuracy al any time the finanrial position of the Chanty and enable them to ensure that the financial statèments comply with the Compani88 Act 2006 and. They are also responsible lor safeguarding the assets of the charity and henct for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as lh6 trustees are aware.. there is no r8lèvant audit infomiation (information needed by the charity's auditor in o)nnectlon with preparing the auditoffs report) of which the charity's auditor is vnaware, and the trustees have taken all th8 steps that they ought to have taken as trustees in order to make Ihems8fv88 aware of any r8lev8nt audit infomiallon and to establish that the ¢hariVs auditor 1$ aware of that Infomotion. Approv•d by th• Board of Tru•l•?• on .o&.V4 and •lgn•d on Its h&ll by: Hawk ChaIrr•On
INDEPENDENT AUDITOR'S REPORT to the Members of Holy Trinity Youth Centre IA company Ilmlt•d by gu•ranto•. not havlng a •har• c•plt•ll Roport on th• audlt of tho flnlnclal 8tatsmonts Oplnlon We have audited the charity financial statèments of Holy Trinity Youth Centre {'Ihé charity,) for th8 financial year ènded 31 March 2023 which comprise the Statement of Financial Activities (incorporating an Income and Expenditure Accounti, the Balance Sheet and notes lo the ffinancial statements, including the summary of significant accounting policies sèt out in note 2. Th8 financial reporting framework that has be8n applied in their preparation is applicab18 law and United Kingdom Accounting Standards, including FRS 102 'Thè Financial Reporting Standard applicable in the UK and Republic of Ireland" applying Section 1A of that Standard and Accounting and Reporting by Charities.. Statèrnent of Recommended F•ractice applicable to charitiès preparing their accounts in accordance with FRS 102. In our opinion, whèn reporting in accordance a fair presentation fram8work the financial slalements.. give a true and fair view of the stale of the charity's affairs as at 31 March 2023 and of ils deficit for the financial year th8n ended., have been propedy prepared in accordance wth Unrted Kingdom Gènerally Accepted Accounting Practice., and have been prèpared in accordance with the requirements of th8 Companies Act 20C6 and the Charities Act (Northern Ireland) 2008. B••l• lor oplnlon We conducted our audit in accordance with International Standards on Auditing (UK) {ISAs {UKII and applicable law. Our responsibilities under those standards are further described in the Audito¢$ responsibilitiès for the audit of the financial statements section of our report. We are independent of the charity in accordance with 8thical requirements that are relevant lo our audit of the financial statèm8nls in Ihe UK. Induding the FRC'S Ethi¢81 Standard, and we have fijlfilled our other èthical responsibilities in accordanG8 With these r8quir8ments. We beliève that the audit gvidence we have obtained is sufficient and appropriate lo provid8 a basis for our oplnion. Conclu8lon• rnlatlng to golng eonc•m In auditing the financial stalemanls, we have conduded 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 rIOrmed, we havè not identified any material uncert8inties relating to events or conditions that. Individually or collèctively, may cast signifirAnt doubt on thè charity's ability to continu8 as a going conc8m for a period ol at least twelve months from the dale when the financial statements are authorised for issu8. Our responsibilities and the responsibilities ol the twstees with respect to going concem are described in the relevant sections of thls r8PJrt. Other Inlorm•tlon The other infonnalion compris8$ the infomiallon in¢luded in the annual report other than the financlal stslements and our Auditors Report thereon. The trustees are responsible for the other infonnation contained within thè annual report. Our opinion on the financial slalgments does not Gover the other infonnation and. 8x¢ept to th8 èxtent oth8Thvise explicitly stated in our report, we do not express any forn of assurance conclusion thereon. Our responsibllity is to read the other infornation and, in doing so, o)nsidèr whether th8 Other infornatlon is materially inconsistent wtth the financial statements or our knowledge obtsined in th8 course of the audit, or otherwis8 appears to materially misstated. If we identify such material inconsislencies or apparent material misstatements. we are required to detem)in8 whether this gives rise to a material misslalement in the financi81 statements thems6lves. If, based on the work we have performed, we concludé that there is a matèrial misstatement of this other information, v are required to report that fact. We have nothing to report in this regard. Oplnlon on othor matter pre8crlbod by the Compan1•• A¢t 2006 In our opinion, based on the work undertaken in the course of the audit: the infom8tion given in the Trustees, Annual Report for the financial year for which the financlal slalements ar8 prepared is consislenl with the financial stalem8nts', and the Trustees, Annual Report has been prepared in accordance with appllcablé legal requlrem8nts.
INDEPENDENT AUDITOR'S REPORT to the Members of Holy Trinity Youth Centre IA company IlmTrt•d by guarant••, not h•vlng a shar• ¢•plt•ll Mattorn on whlch wo aro roqulrnd to report by exceptlon In the light of our knowledge and understanding of the charity and its 8nvironment obtained in the coursé of the audit. we have not idenlifi6d material misstatements in the Trustses. Annual R8POrt. We have nothing lo report in respect of the following matters wh8re thè Companies Act 2006 requir8S US to report to you if, in our opinion.. adequate accounting records hav8 not been kept; or thè financial statements are not in agreement with the accounting records and Trtums,. or rArtain disdosures of trustees, rémuneration specified by law are not made,. or the trustees w8r8 not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companiès, exemption In preparing the Trustees, Annual Report. Ro•pon8lbllltl08 of trustee8 for th• fln•n¢l•l •tat•mènt• A$ explained more fully in the Statement of Trustees, Responsibilities sel out on page 6, tha trustees are responsible for the preparation of th8 financial slalem8nls and for being satisfied that they give a true and fair view, and for such internal control as they detemiinè is necessary to enable the preparation of financial statements that are free from material misstatemént, whether du8 to fraud or error. In preparing the financial slalements, the trustees are responsible for assessing the charity's ability lo continue as a going concern. dis¢losing, as applicable, matters r8lated to going con¢*m and using the going conc8m basis ol accounting unless management eithèr intends lo liquidate the charity or to cease operations, or has no realistic altemative but to ¢Jo so. Audltorf• r•8ponslbllltlo8 for th• •udlt ol the Iln•nel•l •latomonts Our objecliv65 ar8 to obtain reasonabl8 assurance about whether the financial statements as a whole are free from material misstat8m8nt, whether due to fraud or error, and lo issue an Audito¢s Report that includes our opinion. R88sonable assuranca is a high level of assurance, bul is not a guarantee that an audit Conducted in accordanrA8 With ISAS (UK) will always delect a material misstatem8nt when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be èxpected to influence the economic decisions of users taken on the basis of these financial statements. Irregularitl8s, including fraud, ar8 instanrAs of non4ompliance with law8 and regulatlons. We design procedures in line with our responsibilities, outlinèd above, to detect material misstat8m8nts in respect of irregulanties, Including fraud. The extent lo whith our proc8dur88 are capable of deteIng irregularitl88, inclLKling fraud 18 detailed below.. Our approach lo identifying and assessing the risks of material mlsststement in resp8¢t of irregularitl88, including fraud and non compliance with18W8 and regulations, waj as follows: Thé engagement partnér ensured that the 9ngagement team coll8CtiV8ly had the appropri8te competence, capabilities and skills lo identify or recognise non-compliance with 8ppIic8ble laws and regulations,. We Sdentifi8d the laws and r8gulations applicablè to the company through discussions with directors and other management.. - We focused on 8p8cific laws end regulations which we considered may have a direct material affect on the financial statements or the op8r8tions of the rnPany. To address th8 risk of fraud through Management blas and override of controls. we.. Performed analyts'cal procedures lo identify any unusual or unexpgcte(I relationship$,' Tested joumal entries to identify unusual transactions. In respons8 to the risk of irregularities and non<ompliance laws and regulations, designed procedures which induded, but were not limited to.. - Agreeing financial statement disclosures to underfying supporting d¢)cumentation', - R8ading the minutes of me8tings of those charged with governance., Enquiring of management as to actual and potential litigation and claims,. - Reviewing Cofrespondence HMRC, Companies House and the company'slegal advisors. There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions. the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other manag8m8nt and the inspection of regulatory and legal Correspondence, if any. Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate Concealment or collusion.
INDEPENDENT AUDITOR'S REPORT to the Members of Holy Trlnlty Youth Centre IA ¢omp•ny Ilmlted by guarnnt••. not havlng a shar• ¢•pFtsII A further déscription of our responsibilities is available on the Financial Reporting Council's websitg at.. ww.frc.org.ukJauditorsresponsibilities. This desGription forms part of our auditor's report. Furth•r Infomiatlon règardlng the #copo of our re8pon•lbllltSM *• audltor As part of an audrt in accordance with ISAS {UKI. exercise professional judgemènt and maintsin professional scepticism throughout the audit. We also.. Identify and assèss the risks of material misstatement of th8 financial statemenls, whether du8 to fraud or or, design and perfom audit proc8dures responsive to those risks. and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material mis51alement resulting from fraud is high8r than for one resulting from error. as fraud may involve collusion, forgery. intentional omissions, misrepresentatsons, or the override of intemal control. Obtain an und8rstanding of inlemal control r&l8vant to the audit in order to design audit procedures that are appropriaté in th9 circumstances, but not for the purposé of expressing an opinion on the effectiveness of the charity's intemal control. Evaluate the appropriateness of accounting policies used and the reasonableness of acwunting estimal8s and related disclosures made by trustees. Conclude on th8 appropriateness of the trustees, use of the going concem basis of accounting and, based on the audit 6videnc8 obtain8d. whether a material uncertainty exists related to events or conditions that may cast significant doubt on the charity's ability to wntinue as a going concern. If we conclude that a material unc8rtainty 8X151s. wé are required to draw attention in our Audito¢$ Report lo the related disclosures in the financial statements or, if such disclosures are inadequats. to modify our opinion. Our conclusions ar8 based on the audit evidence oblain8d up to thè dale of our Auditofg Report. Howèvèr, future events or condrtions may caus8 the charity to cease to continue as a going concern. Evaluate the overall presentation, structure and content of the financial statements, Including the dI10$UreS, and wheth8r th8 finanaal statements represent the underlying transactions and events in a manner that achieves fair presentation. We Communite with those charged with governancé regarding, among other rnatters. the planned scope and timing of thé audit and significant audit findings, including any sTrgnific8nt deficiencies in internal control that we identsfy during our audlt. Th• purpM• of our audlt work and to whom ow• our r•8pon•lbllltle8 This report Is mad8 solely to the tharity's members. as a body, in accordance with Chaptèr 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that wè might state to the charity's members those matters we are required to stste to them in an audilorfs report and for no other purpose. To the fullest extent permitted bylaw, wé do not accept or assume responsibility to anyone other than the charity and the charity's members 89 body, for our audit work. for this report, or for the oplnlons we have ft>med. Mr M Nanglo {S for and on DNTC ITED Chartered Accountants and Statutory Auditor Omieau House 91-97 Omi8au Road Belfast BT7 1SH tutory Audltor) oz/o71 70L 10
Holy Trinlty Youth Centre IA company Ilmlted by guarant••, not havlng a shar• ¢apltall STATEMENT OF FINANCIAL ACTIVITIES Iln¢orporatlng an In¢om• and Expondlturn Account) for the financial year ended 31 March 2023 Unrestrl¢t•d Ro$trlcl•d Fund8 Fund• 2023 2023 Total Unrestricted Restricted Fund$ Funds Funds 2023 2022 2022 Total Funds 2022 Notes Incom• Charitable activities Grants frorn gov8mments and othèr co-fijnders Activities lor generating funds 566,138 566,138 467,477 467,477 18,364 18,364 31,239 31.239 Total Incom• 18,3PA 666,138 $84,602 31,239 467,477 498,716 Expendlturo Charitable activities 24,334 690,666 614,989 83,207 536,238 599,445 Net Incom•llexp•ndlluro) {5,970) 124,517) {30,487) (31,968) (68,781) {100,729} Transfers batrn lunds (182) 182 Net movement In lund• for th• flnanclal yaar (6,132) 124,365) {30,487) (31,968) (68,781) (100,729} Recon¢lllatlon of lund•'. Total funds beginning of the year 13 (18,149) 70,719 64,570 15,819 139,480 155,299 Total fund• at tho end ol tho year (22,281) 46,364 24,083 (18,149) 70,719 54,570 The Statement of Financial Activities includes all gains and losses recognised in the financial year. All income and expenditure relate to continuing activities. The note8 on pages 13 10 17 fomi part of the finanrAal 8talèments 11
Holy Trlnity Youth Centre IA company Ilmlt•d by gu•rnnts•, not h*vlng a shar• capltall Comp•ny Numb•r: BALANCE SHEET as at 31 March 2023 2023 2022 Notes Current As8•ts Debtors Cash at bank and in hand 10 4,998 166,262 150.249 171,260 150,249 Crgdftor•: Amounts falllng duo wlthln ono y•ar 11 (147,177) (95.6791 Not Current A88Ot8 24,083 54,570 Total A•s?t•1g•• Curront Llablllllo8 24,083 54.570 Funds Restricted trust funds Genèral fund lunreslrictedl 46,364 (22,281) 70,719 (16,149) Tolal fund• 13 24,083 54,570 Those ffinandal ststement8 have been prepared in accordanrA with the speclal prowslon$ relating to small companies within Part 15 of the Companies Act 2006. Th8 financial ststements have been prepared in accordanckn with th8 prov181on8 applicab to companies subject to the small companiès, regime and in accordanrA with FRS 102 "The Financial R8POrting Standard applicable in the UK and Republic of Ireland" applying Section 1A of that Standard. Approvod by th• Brd of Tru•tw• and authorl8od for l••ue on bohall by and Ilgned on Its awkln• Ch•lrpernon Tho nolos on pages 13 10 17 form part of the financial st4lern8nts 12
Holy Trlnlty Youth Centre IA company Ilmltfrd by guarant••. not havlng • •h•ro ¢•plthl) NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2023 GENERAL INFORMATION Holy Trinty Youth Centre is a company limited by guarantee incorporated in Northem Ireland. The reglstèr8d office of the charity is which is also the principal place of business of the charity- The financial statements hav8 been presented in Pound {£) which is also the functional currency of th8 charity. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting policies have begn applied consistently in dealing wlth it8ms which arg considered material in relation to the charity's financial statements. Ba81• of proparntlon The financial statements have b88n prepared under the historical cost convention, mtsjified to include certain items at fair value. The financial statemènts have been prepared in aCrdanCe wrth the Slalement of Recommended Practice ISORP) "Accounting and Reporting by Charitiés preparing their accounts in accordanc8 with th8 Finanual Reporting Standard applicable in th8 UK and R6public of Ireland FRS 102" applying Section IA of that Standard. As p8mitt8d by thè Companies Act 2006, the chanty has varied the standard fornats in that act for the Statement of Financlal Activities and the Balance Sheet. Departures from the standard fomats are to comply with the requirements of the Charities SORP and are in Complianr wrth section 4.7, 10.6 and 15.2 of that SORP. Stat•m•nt of eompllane• The finanoal statements of the charity for the financial year ended 31 March 2023 have been prepar8d on the going concern basis and in accordance with the Statement of Rèeommended Practice {SORPI "Accountlng and Reporting by Charities preparing their accounts in accordanc8 With th8 Financial Reporting Standard appllcable in th8 UK and Republic of Ireland FRS 102" applying Section 1A of that Standard. Fund •¢¢ountlng The followng are the categories of funds malntained: Ro•trfcted funds Restricted funds represenl income recelved which can only b8 used for particular purposes, as speafiad by th9 donors. Such purposes are within the overall objectives of the charity. Unrestrfctod lund• Unrestricted funds consist of Goneral and Deslgnated fund8. General funds represent amounts which are expendable at the dlscretion of the board, In furth8ranc8 of the objectives of the charity. Designated funds comprise unrestrictèd funds that the board has, at its discretion, set asid8 for particular purposes. These designations hava an administrative putpose only, and do not legally restrict the board's discretion to apply the fijnd. Incom• Income Is recognis8d by inclusion in the Ststement of Financial Activit185 only when the charity 1$ *ally entitled lo the income, perfomance condibons attached lo the itefflls) of inrA)me have been met. the amounts involved can be measured with sufficient reliability and it 1$ probab that the inccrfne will be received by the charity. Incomo from charltablo acllvlll•• Income from charitable activities includ8 income eamed frorn the supply of services under contractual arrangements and from performance related grants which have conditions that specify the provision ol particular services to be provided by the charity. Income from govemment and other co-funders is recognised whén the charity is legally entitled to the income because rt is fulfilling the conditions contain8d in th8 related fijnding agr6ements. IAh8re a grant is received in advance, its recognrtion is deferred and included in creditors. Where entitlement occurs before income is rerAived, it is accrued in debtors. Grants from govemments arKI other (trfunders typically include one of the following types of condition$.' Perfomiance based conditions.. whereby the charity is contractually entiued to funding only lo th8 extènt that the core objectives of the grant agreement are achi6ved. lther8 the charity is meeting the core objectives of a grant agreement, it recognises the related expenditure. to the 8Xtent that it is reirnbursable by the donor, as 13
continued Holy Trlnlty Youth Centre {A comp•ny Ilmltod by guarantee. not havlng a shar• eapltsll NOTES TO THE FINANCIAL STATEMENTS ft)r thè financial year ended 31 March 2023 income. BTime based conditions.. whereby the charity is contractually entitled to fijnding on the condition that it is utilis8d in a particular period. In these cases the charity recognises the incomé to the extent rt is ulilised within the period specified in the agreem8nt. In the absence of such conditions, assuming that rec8iPt is probable and the amount can be reliably measured. grant income is recognised once the charity is notified of entillem6nt. Grants rerAived lowards capital expenditure ar8 cr8dit8d to the Ststement of Financial Activities when rec8iv8d or rec8ivabl8. whichev8f is eadier. Expondlturn Expenditure is analysed beh¥een costs of charitabl8 activities 8nd raising funds. Tho costs of 8ach activity are separately accumulated and disclosed, and analysed according to their rnajor components. Expenditur8 is recognised when a lègal or conslruclive obligation exists as a result of a past 8vent, a transfer of economic benefits is required in settlement and the amount of the obligab'on can be reliably measured. Support costs are those fvnctions thal assist the work of the charity but cannot be attributed to one activity. Such costs are allocatad lo activities in proporbon to staff time spent or other suitable measur8 for each activity. D•btorn Oebtors ar8 recognlsed at the S8tt18m8nt amount due after any discount offered. Prepayménts are valued al the amount prepaid net of any trade discounts due. Income recognised by the charity from gov8mmenl agen¢ie$ and other CO•funders, but not yet received at ffinanclal year end, 1$ included in debtoryJ. Cash it bank and In hand Cash at bank and in hand compri888 cash on deposit 8t banks requiring less Ihan three months noti¢a of withdrawal. Taxatlon ind déferrèd t4X*tlon No current or dèferrèd taxation arises as the charity has been granted charitsble exemption. Irrecoverable valued added tax is expensed as incurred. Deferred lax is recognised in respect of all timing differences that have originaled but not reversed at the balancé sh88t dal8 where transactions or evenls have occurred at that dat8 that will rèsult in an obligation to pay more tax in the fvture, or a right to pay less tax in th8 future. Timing differences are temporary differences beeen the charity's taxable income and its results as stated in the financial slalements. Deferred tax Is measured on an undiscounted basis 8t Ihe tax rates that are 8nticlp8ted to apply In thè peri¢Jds in which the timing differences are 8x¢t8d to réversg, based on tax rates and laws that hav8 been enacted or substantively enacted by the balance sheet dat8. GOING CONCERN Th8 Trustees hav8 not Identified any material uneertainties related to events or condltlon8 that may ¢a$t significant doubl about the charity's ability to continu8 as 8 going ¢oncem. CRITICAL ACCOUNTING JUDGEMENT AND ESTIMATES The preparation of the financial statemènts requires management to rnake Judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually rewewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under rircumstsnces. INCOME CHARITABLE ACTIVITIES Unrn•trlctsd Rostrlcted Fund8 Fund• 2023 2022 Grants from govomm•nt8 and other eo.fundèrn: Income from charitable activities 566,138 566,138 467,477 14
continued Holy Trinity Youth Centre IA ¢omp•ny Ilmlted by guarantm, not havlng • sh*rn capFt•ll NOTES TO THE FINANCIAL STATEMENTS for th8 financial year ended 31 March 2023 OTHER TRADING ACTIVITIES Unro•trlcted R08tr1ct•d Funds Fundi 2023 2022 Other trading activities 18,364 18,364 31.239 EXPENDITURE CHARITABLE ACTIVITIES Dlrect Costs Other C08ts Support Costs 2023 2022 Telephone Wages and Salaries Insurance Repairs and Maintenance Pènsion Programm8 Costs Sundry Expenses Light, Heat and Water Cleaning Govemanc8 Costs (Note 6.2> 1,268 354,204 561 11,352 38,087 191,628 1,417 14,279 590 1,268 354,204 561 11,352 38,087 191,628 1,417 14,279 690 1,703 250 302,504 50,377 228,450 7,421 9,042 423 1,703 613,286 1,703 814,989 599,445 GOVERNANCE COSTS Dlr•ct Co8t• Othor Co•t• Support Co•ts 2023 2022 Charitable activities - govemance costs 1,703 1,703 SUPPORT COSTS Govominc• Costs 2023 2022 Independent Examiners Fee Bank Charges 1,696 107 1,696 107 720 1,703 1,703 ANALYSIS OF SUPPORT COSTS 2023 2022 Independent Examiner8 Fee Bank Charges 1,596 107 720 1,703 NET INCOME 2023 2022 Net Income18 stated after ¢harglngl(crodltlng): Independent Examinerfs remuneration.. - indeFen¢Jent examination services 1,596 720 16
continued Holy Trinity Youth Centre IA company Ilmlted by guarant••, not havlng • •h•r• ¢apltall NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2023 EMPLOYEES AND REMUNERATION Numbor of employoe• The average number of persons employed (including executive trustees) during the finanaal year was as follows.. 2023 Number 2022 Numb8r Staff 16 13 The staff costs Gomprise.. 2023 2022 Wag8s and salaries Pension costs 364,204 38,087 302,504 50,377 392,291 352.881 No employee received èmployee benefits of more than £80,000 during the y88r12022.' nil). 10. DEBTORS 2023 2022 Trade debtors 4,998 11. CREDITORS Amount• falllng due wlthln ong ye•r 2023 2022 Trade creditors Taxation and social security costs Pension accrual 434 6,596 140,147 93,819 147,177 95,679 12. RESERVES 2023 2022 At thé beginning of the year Deficit for the finanrial year 64,570 (30,487 155,299 (100,729) At the end of the year 24,083 $4,570 13. FUNDS 13.1 RECONCILIATION OF MOVEMENT IN FUNDS Unre8trletsd RMtrlct•d Fund• Funds Totsl Funds At 1 April 2021 Movement during thè financial year 15,819 131,9681 139,480 (68,761) 155,299 (1CNJ,729) At 31 March 2022 Movém8nt during the financial year {16.149) (6.132) 70,719 (24,355) 54,570 (30,487) At 31 March 2023 (22,281) 46.364 24,083 16
Holy Trlnlty Youth Centre ontinued {A company Ilmlt•d by guarant••, not havlng • •har• ¢apltall NOTES TO THE FINANCIAL STATEMENTS for the financial yearended 31 March 2023 13.2 ANALYSIS OF MOVEMENTS ON FUNDS Balanco 1 Aprll 2022 Income Expendltur• Tran8f•r• botween lund8 Balancg 31 March 2023 R&8trl¢tod fund8 Education Authority National Lottery CF Halifax Co-operative Ireland Henry Smth Barclays Youth Link The Ireland Fund Hedley Foundation Department for Justic8- ARCS Victoria Homes Trust Department for Communit188 70,719 494.355 9,550 500 2.500 21,150 500 3,014 8.691 548,617 7,848 5,060 650 (16,457) 3,569 6,180 5,271 1,620 1.850 21,150 5¢JJ 435 8.461 1,000 4,998 1,079 2,579 230 4,998 5.162 629 19,880 5,162 1,708 19.880 70,719 586,138 590.655 162 46,384 Unr••trlctod fund• Unrestricted General {18,149) 18,364 24.334 1162) 122,281) Total fund• 64,670 684,502 614,989 24,083 14. STATUS The charity is a company Ilmited by guarantee not having a share caplt81. The liabillty of the members Is limited. Every member of the company undert8kes lo contribute to the assets of the company in the event of its being wound up while thèy are members, or within one financial year thereafter, for th8 payment of the d8bts and liabilities of the company contr8Ct8d befor8 théy ceased lo be members, and the costs, charges and expenses of winding up, and for thè adjustment of the rights of the contributors among themselves, such amount as may be required, not exeAeding £ 1. 15. POST-BALANCE SHEET EVENTS The Youth Centre's primary funding source, the Education Authority, implemented cuts of 33% { cor8 funding provision for the year ending 31 March 2024. The Educ8tlon Authority is undèrtaking a complete review of fvnding for the sector. 16. TRUSTEES REMUNERATION AND EXPENSES Th8 trustees, nor any person connected with them, have not received remun8r8tion or other benefits from employment with the charity or a related entity. 17