ARDOYNE YOUTH CLUB FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Charlty Reglstratlon Numbor: NIC 102199
ARDOYNE YOUTH CLUB FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2023 CONTENTS PAGE Charity reference number and administrative details Report of the management committee Independent examiner's report to the members 10 Statement of financial activities 12 Balance sheet 13 Statement of cash flows 14 Notes to the financial statements 15to28
Page 1 ARDOYNE YOUTH CLUB CHARITY REFERENCE AND ADMINISTRATIVE DETAILS YEAR ENDED 31 MARCH 2023 Registered charity name Ardoyne Youth Club Charity Registration Number NIC 102199 Management committee Fr. Gary Donncgan Vivienne MUhY Joe Mccafferty Brian McKee Secretary Vivienne Murphy Registered Office Ardoyne Youth Club Old Beltex Mill I l B Flax Street Belfast BT14 7EJ Independent Examiner GM¢G BELFAST Chartered Accountants and Statutory Auditors Alfred House 19 Alfred Str¢el Belfasl BT2 8EQ Solicitor MacElhalton & Co 58 Anderslown Road Belfast BTI19AN Bankers Bank of Ireland 62 High Street Belfast BTI 2BE
Page 2 ARDOYNE YOUTH CLUB REPORT OF THE MANAGEMENT COMMITTEE YEAR ENDED 31 MARCH 2023 The Management committec have pleasure in presenting their report and unaudited financial statements of the charily for ihe year ended 31 March 2023. The Trustees and General Committee have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" (FRS 102) in preparing the annual report and financial statements of the charity. The financial statements have been prepared in accordance with the accounting policies set out in notes to ihe financial statements and comply with the charity's governing document, charity law for Northern Ireland and "Charities SORP (FRS 102) (second cdition October 2019) Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charilies preparing th¢ir accounts in accordance wilh the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)", the "Financial Rq)orting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) (March 2018)" Charities Act (Northern Ireland) 2008, The Charities (Accounts and Reports) Regulations (Northern Ireland) 2015 and UK Generally Accepied Accounting Practice. REFERENCE AND ADMINISTRATIVE DETAtLS Reglstered charlty name Ardoyne Youth Club Charfty regl8trAtion number NIC 102199 Reglstered offlce Ardoyne Youth Club, Old Beltex Mill, I IB Flax Street, Belfast, BT14 7EJ GMCG Belfast. Chartered Accountants and Statutory Auditor. Alfred House, 19 Alfred Street, Belfasl, BT2 8EQ Bank of Ireland, 62 High Street, Belfast, BTI 2BE MacElhalton & Co, 58 Anderstown Road, Belfast, BTI19AN Independent examlner BaDkers Solleltors TRUSTEES OF THE CHARITY The members of the management commiltK of the charity are its trustees for the purposes of charity law. Th¢ t¢rnis "management committee" and "Irustees" are used interchangeably throughout the financial stat¢mmts. The tNstees who have served during the year were as follows: Fr. Gary Donnegan Vivienne Murphy Joe Mccafferty Pat McKeever (resIged 14 May 2022} Ih Eamonn Seydak (resigned 14 May 2022) Brian McKee PUBLIC BENEFIT STATEMENT The management committee of Ardoyne Youth Club confirni that they have had due regard for the guidance produced on public benefit by the Charity Commission for Northern Ircland. and arc pl¢ascd to report that during the year the charity has continued to provide public benefits through the programmes and services we offer. In particular, the trustees consider how planned activities will contribute lo the aims and obj¢ctives they have set out.
Page 3 ARDOYNE YOUTH CLUB REPORT OF THE MANAGEMENT COMMITTEE (contlnuedj YEAR ENDED 31 MARCH 2023 PUBLIC BENEFITS, ORIECTIVES AND A[VITIEs The principal activity of the charity during itLC ycar continued to bc the promolion of ihc charitable objects of providing, maintaining and promoting facilities and activities of a social, spiritual educational and recreational nature with the object of improving the conditions of life of children and young people without distinction of sex, political, religious or other opinion. Ardoyne Youth Club has been delivering youth provision within the Ardoyne area of North Belfast for nearly 50 years. As an organisation we are very much aware of our role within the community, offcring targeted youth provision which helps to develop the young people involved from a personal, social and educational viewpoint whilst also impacting upon the local Ardoyne community as a whole through the reduction of criminal activily, substance abuse and improving relations amongst young people and also between young people and other groups within the community. In particular the club develops means of engaging young people through programmes which they can nol only participate in bul also help to design and deliver. Our programmes and activities are responsive to and rcflcctive of the needs ol the young pcople in the Ardoync and wider area which we serve. and are strategically designed to correspond wilh the curriculum for youth provision. We feel this approach fosters a greater sense of engagement and buy in from young people which ultimately ensures that the project has a much grealer impact of improving the quality of lifc that they experience. There is no private profit or benefit derived from our operations. All is done for the Public Benefit. Volunteer$ The charity IS grateful for the unstinting efforts of its volunteers who are involved in service provision and fvnd-raising. It is estimated that over 1,400 volunteer hours were provided during ihe year. If this is conservatively valued at the average minimum wage for workers aged 21 years and older for the year of £9.34 an hour the volunteer effort amounts to over £13,076. ACHIEVEMENTS AND PERFORMANCE Total income for ihe year was £382,855 (2022 £432,547). Income from donations and legacies amounted to £369,238 (2022 - £413,665), income from charilable activities amounted to £8,927 (2022 - £10,944), income from other trading activities amounted to £8,927 (2022 - £7,938) and other incom¢ amounted to £340 (2022 - £Nil). Total expenditure for the year amounted 10 £349,964 (2022 - £455,594). The cost of charitable activiti¢s amounted to £349,724 (2022 - £445,268) and oth¢r expenditur¢ amounted to £240 (2022 - £326). The net income for ihc year amounted to £32.891 (2022 £13,047 nel expenditure) and has been transferr to arxumulat¢d funds. The results for the financial year are set out fully in ihe financial statements. The trustees consider the charity's financial position al Ihe date of the balance sheet to be salisfactory and that the charity is in a satisfactory position to carry on its charitable activities. The year of 2022-23 has seen Ardoyne Youth Club deliver effective quality youth provision throughout the community and beyond. It has increasingly developed our good relations work and seen the youih club along wilh partners win a number of awards that recolse the great achievements of the young people.
Page 4 ARDOYNE YOUTH CLUB REPORT OF THE MANAGEMENT COMMirrEE (Gontlftu•d) YEAR ENDED 31 MARCH 2023 ACHIEVEMENTS AND PERFORMANCE (conilnued) Furtherniore. due to the dedication of our Senior Youth Worker, staff and volunteers, Ardoyne Youth Club has continued to successfully deliver a large rangc of programmes and activities, both consolidating and increasing old programmes as well as introducing new ones reaching new areas of the community. The programmes both accredited and non-accredited, all of these programmes continually work in partnership with young people and look to help enhance their lives. The membership of the young club is ever increasing and currently has more than 480 members. The young people who altend, oftcrj daily* have the opportunity to avail of all the youth club's services, while also building and developing relationship with other young people and various partner organisation5. The challenge of Covid-19 behind us, we have been able to maximise our capacity and resources which in turn has leveraged outputs and outcomes remain extremely consislent throughout. Throughout th¢ year the youth club has continued to grow in a number of key areas. We hav¢ advanced with what will be a slale-of-the-art new purpose-built youth centre. This will be a great asset to the entire communily, as ihe service the Youth Club offers is vilally important to the lives of ihe young people in an area tha( conlinues to be plagued by levels of deprivation. RCITY - CommuDities Integratlng Through Youth R City is an innovative cross community youth programme working Wlth young people from the Ardoyne and Shankill communilies. The programme is delivered through partnership working b¢tween R City Youth CIC and Ardoyne Youih Club and it is currently in ils 7, year. The programm¢ has seen growing of numbers increase in the programme and young people have the benefit of a dedicated Good Relations programme thal lakes them through a three year journey. Schools Programme This year has seen the organisalion link closely with a number of schools to work alongside young people who may need additional support with their education. With our Engage project alongside our partners NLYC we have consistently delivered on a weekly basis. Through our partnership with schools based in North Belfast, we have seen an increase in ihe participation of the young people, which has also facilitated the added opportunity of being involved in an infom1 programme delivered by the staff team. Areas of work include: Personal Social D¢v¢lopmenl Social Action Accredited Training Mentoring and on¢ to one support Inter-Generational programme Inter-schools activity programme Many of the above area5 have allowed Ihe young peopl¢ to increase their confidence and self-esteem as well as tesling their skills and leadership. The development of this programme has seen the development of the inter-schcK)Is projecl, Ihus seeing young people from the mainstream schools working with their peers in Special Education schools. Further to this we have developed a very health working partnership with Holy Cross Boy's School through which we supported 5 boys through a one to one mentoring support programme.
Page 5 ARDOYNE YOUTH CLUB REPORT OF THE MANAGEMENT COMMITTEE (contlnued) YEAR ENDED 31 MARCH 2023 ACHIEVEMENTS AND PERFORMANCE (eèhtlnued) Engage Projeet We are achieving this through good quality youth engagement programmes, capacity building support which is accessible and relevant to each individual participanl, accredited and non-accredited training, SUPPOrting young people to volunteer and gain experience in the local community and direct support to secure jobs. The young people who have benefitted from the project are dealing with a range of complex issues influenced by family and peer relationships, generational issues (history of family problems such as parents or other family members being involved in crime or dNg use and family mental health problems) and thc Icgacy of conflict in the area which continues to disrupt community life for young people. The issues of drug use, mental health problems and suicide have been a growing crisis amongst young people in the area, and we are dealing we¢kly with a high level of issues and incidents through our regular engagement with young people. We worked with at least l 00 young people this year through the following key activities: Accredited training and employment specific training accredited training programmes are essential to enhance learning, develop skills and the qualificalions of young people. In this project we supported young peopl¢ with employment specific training that can provide a clear career opportunity after completion Drop in support - we provide ai least 12 hours weekly drop in support sessions for lo] young people, This is one to one support around any issues they are facing in home life, with peers, in school or an opportunity to just talk Mentoring and counselling support we provide a programme of mentoring and counselling upon nttd basis lo young people. This is in a one to one selting, allowing young people to get support, advi¢¢ and guidance to deal wilh issues that are impacting upon their school life or acting as barriers to progression into (raining and employment Job support and advice - we provide weekly job support clinics where young people can work with ihe staff team lo get advice on available opportunities and g¢t support with Cvs and job applicalions Community volunteering opporninities - we provide regular opportunities for young people to volunteer within their community as a means to giving something back but also lo enhance learning and develop new skills. Mldnigbt Club The development of ihe Mid Night Programme has been a valuable asset to engaging young people 14+ of the last number of years. Since its inception in 2007 the Mid Night club provides various programme activity for those aged 14+ with the greater Ardoyne Community and Suound1ng areas. Alongside side the programme of activity the young people have food supplied to them along with other additional support. Ardoyn¢ Youth Club Mid Night Programm¢ runs on Thursday & Friday evenings from 9.30pm-12 midnight. With young people attending from the local area, Oldpark, Shankill and Ligoniel. The Mid Night Club is vibrant and a good meeting place for young people to develop and build relationships. Youth workers work with young people to get feedback on Mid Night Club so that strengths can be leveraged and weaknesses can be improved.
Pago 6 ARDOYNE YOUTH CLUB REPORT OF THE MANAGEMENT COMMITTEE (et)nllnuedJ YEAR ENDED 31 MARCH 2023 ACHIEVEMENTS AND PERFORMANCE (co•thnued) With the age limit at 14+, the Mid Nighi Programme offers young people support through a variety of programmes. This safe space allows young people to develop personally, socially and educationally on a weekly basis. Over the last number of months young peopl¢ in atlendance have had the opportunity to lake part in programmes such as: Healih and Well-being Cooking Employment and CV Creation Sports Development programme Social activities The Mid Night Programme offers an opportunity to young people to make th¢ most of their experience while attcnding the club. International Programmes This year Ardoyne Youth Club has led and partnered in many Global progTammes through which th¢ participants greatly benefited their development and gained learning on global issues around the world. Among the global programme we have been involved in this year are., B¢lfASt 2 Blanco The make-up of this project is young people from both sections of Ihe community coming from Greater Ardoyne & Shankill, This good reaction5 programme takes young people on a journey through the entire year until they visit ihe destination early in the New Year. Visiting the couniry of South Africa and seeing poverty at first hand is difficult at for anyone let alone the young people involved in this programme. The unique thing about this programme is the learning that took from the developed programme that the young people participatd in. Romania Project A group of young people working on humanitarian work and beyond in Barolt Romania. The project is extremely beneficial foi skills for young people. Th¢ projpxt is in partnership with New Lodge YC. Personal Soclal Development Progrr4mme$ This year has seen thc youth club deliver on average 18 programmes per week throughout the year. With many quality programmes on offer, there 15 great varieiy for the young people to participate within. Both accredited and non-accredited, these programm¢5 all have valuable educational outcomes thai meet the needs of the young people. Education and Employability programmes Health and Well-Being Drugs and Alcohol awareness Mentoring Summer Intervenlion Inclusion Sports development
Page 7 ARDOYNE YOUTH CLUB REPORT OF THE MANAGEMENT COMMITTEE (continuod) YEAR ENDED 31 MARCH 2023 ACHIEVEMENTS AND PERFORMANCE (eoArfAirtd) It is importanl to highlight ihal the young people participating have a lead role in designing and shaping the prOmeS as a way of self-directing their own learning. Many of the programmes highlighted and covered in ihis report are to benefit the young people and wider community. The youth club has been very fortunate to support young people to university and further education by working alongside side them. The Management Committee are very grateful to the Senior Youth Worker and his staff for ihe excellent work ihat they continue to deliver within the community and suoUnd]ng areas. We are also very grateful to the young people and parents who continue to support the work of the staff ieam. The Management Committee would like to thank all the various nderS who continue to provide financial support to our organisation to allow us to provide the very best services to young people. The Management Committee are also very graleful to the many funders and supporters who enable our service delivery. We thank you and hop¢ that you will continue to support our growth for the years ahead. FINANCIAL REVIEW Reserves policy It is the policy of the charity to maintain free reserves which matches the needs of the trust, both at the current time and in the foreseeable fuiure. This provides sufficient funds to cover running costs which include managcment, administration and support costs. Free reserves are those unrestricted reserves not designated nor invested in fixed assets whiLh are available for general use. Funding The principal funding is from grants. At 31 March 2023, the charity has total funds of £385,322 (2022 - £352,431), of which unrestricted funds are £13,701 (2022 - £11,783) and restricted funds are £371,621 (2022 - £340,648). At 31 March 2023 unrestricted funds excluding fixed assets are £lO,I 11 (2022 £7,544) and r¢stricted funds excluding fixed assets are £22,412 (2022 - £14,920). STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document Ardoyne Youth Club is a ¢haritabl¢ trust constituted under a It deed, which 15 regi3tered as a charity with The Charity Commission for Northem Ireland. Recruitment, appolntment, Inductlon and tralnlng Many of the presenl members of ihe management committee have been involved in the charity for a number of years and so are familiar with its work. Th¢ members r¢gularly wiew the requirements of the charity and the possibility of a need for additional members. Any new members would be appointed by applying in writing to the management committee for admission and be proposcd by a m¢mbcr. Thc rnanagemenl committee may reject the application or if not the management committee will submit the application to the next annual general meeting of the charity or to an extraordinary general meeting convened at the direction of the management committee. The applicant shall be approved by an extraordinary resolution of ihe members of the management committee passed by a majority of those present.
Paga 8 ARDOYNE YOUTH CLUB REPORT OF THE MANAGEMENT COMMITTEE {conflnued) YEAR ENDED 31 MARCH 2023 STRUCTURE, GOVERNANCE AND MANAGEMENT (coWINMed) Joe McNeill carries out the day to day management of the charity and has delegated authority for operational matters including finance and staffing. The membcrs of the managcment committee manage all other business decisions and meet on a quarterly basis. Organisational Structure and related partles The members of the management committee ov¢rse¢ the running of charity. The related parties are the members of the management committee and their close family. Rlsk management The managemenl committee have overall responsibility for ensuring that the charity has in place an appropriate system of controls, flnancial and otherwise, to provide reasonable assurance that. the charity is operating efficiently and effectively. its assets are safeguarded against unauihorised use or disposition, proper records are maintained and financial inforn)alion used within the charity or for publication is reliable. the charity complies with relevant laws and regulations; and the charity's systems of financial control are designed io provide reasonable, but not absolute assurance against material misslatement or loss. The managemenl committee have assessed Ihe major risks to which the charity is exposed, in particular those related to the operations and financcs of the charity, and are satisfied ihat systems are in place lo mitigate any exposure lo major risks. Wh¢r¢ appropriate, syslems or procedures have been established to mitigate th¢ risks the charity faces. Internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects. Proc¢dure5 are in place to ensure compliance with health and safety of staff, volunteers, clients and visitors to the premises. These procedures are periodically reviewed at least annually to ensure thai they continue to meet the needs of the charity. PLANS FOR FUTURE PERIODS Ardoyne Youth Club will continue to promole the improvement of social welfare, the foslering of community harniony, the improvement of health and physical well being And the advancement of education in Northern Ireland. The Club are planning for the new Youth Club to be built and operational in 2025. STATEMENT OF TRUSTEES, RESPONSIBILITIES The charity's trustees are responsible for preparing the Managemeni Committee Report and the financial statements in a¢¢ordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in Northern Ireland requires the trustees to prepare financial slatemenls for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the chariiy for ihal period.
Paga 9 ARDOYNE YOUTH CLUB REPORT OF THE MANAGEMENT COMMirrEE {¢ontlnu8d) YEAR ENDED 31 MARCH 2023 STATEMENT OF TRUSTEES, RESPONSIBILITIES (cowrfmuéd) In preparing these financial statements, the trustees are required to: select suitable accounting policies and then apply them consislently; observe the methods and principles in the Charities SORP 2019 (FRS 102); make judgements and estimates thal are reasonable and prudent; stat¢ whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statemenls. prepare the financial statements on the going concern basis unless it is inappropriate lo presume that the charity will ¢ontinue in operation. The ttusttts are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charilies Act (Northem Ireland) 2008. the Charities (Accounts and Reports) Regulations (Northem Ireland) 2015 and the provisions of the trust deed. The trustees ar¢ also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the pVention and det¢ction of fraud and oth¢r irregulariti¢3. In so far as the trnstees are aware.. There is no relevant inforn]ation of which the charity's independent examiner is unaware; and The trustees have taken all steps that they ought to have laken lo make themselves aware of any relevant inforn)ation and io establish that the independent examiner is aware of that inforniation. Th¢ trustees are responsible for the maintenan¢e and integrity of the charity and finan¢ial inforniation in¢lud¢d on the charity's websile. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. INDEPENDENT EXAMINER GMCG Belfast offer themselves for re-app)inlment as independent examiner for the ensuing year. Signed on behalf of the trustees Joe Mccafferty Committee Member Approved by the trustees on .,
CIIARTERED ACCOUNTANTS Page 10 ARDOYNE YOUTH CLUB INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ARDOYNE YOUTH CLUB YEAR ENDED 31 MARCH 2023 I report on the accounts of the charity for the year ended 3151 March 2023 which are set out on pages 12 to 28. RESPE1vE RESPONSIBILITIES OF TRUSTEES AND EXAMINER The eharity's trnslees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 65(2) of the Charities Act (Northem Ireland) 2008 (th¢ Charities Acl) and that an independent examination is needed. The charity is preparing accrual accounts and I am qualified to undertake the examination by being a qualified member of Chartered Accounlants Ireland. It is my responsibilily to: examine the accounts under seclion 65 of the Charities Act (Northern Ireland) 2008 and under section 44(1)(c); follow the procedures laid down by the g¢n¢ral Dircctions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charitics Act (Northern Ircland) 2008. and state whether parti¢ular matters have come to my attention. BASIS OF INDEPENDENT EXAMINER?S REPORT My examlnation was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanaiions from you as trustees concerning any such matters. The procedurcs undertaken do not provide all the evidence that would be required in an audit and conscqucntly no opinion is given as lo whether the accounts present a"Irue and fair vicw" and ihe report is limited to those matters set out in the next stat¢m¢nt. Alfred Hou 19 Alftd BEUIAsr 8EQ DX39ioNR BEISAsf50 Conlury Housc 40ere4t Buslness Pu LISBURN FT28 2GN 17Mal111c Stre¢l PORTADOWN Crai8aviJn vr62 3PB Tr1: +44(0}28 9031 1113 Fu: +4410)28 9031 (k77P Tel., +441oh89260 73&$ . +44(0)28 9260 1056 Tel: +4410)28 38&9 2801 Fax.. +44(0128 J835 0293 (ortTed/tr1S l Rryi5turdA.tr51 awteredTuAdvizorn I yoA£IDt¥nIsl C•¥pYaleFfDwAdtruo CMCG isa ady.mIO(GmL¢¢YIIjM). IlryNoNIos9660 iJ5lofDirtriotsvalWc4ir¢Aisternloffi Rtfvrod tOndUct&dIIrbY tkne Iultiluleofamrt¢rnt*W1tantslD
Page 11 ARDOYNE YOUTH CLUB INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ARDOYNE YOUTH CLUB (contlmmd) YEAR ENDED 31 MARCH 2023 INDEPENDENT EXAMINER'S STATEMENT In connection with my examination, no matter has come to my attention: (l) which gives me reasonable cause to believe that in any material respect the requiremenls.. • to keep accounting records in accordance wilh section 63 of the Charities Act 2008; and to prepare accounts which accord with the accounting records and ¢omply with the accounting requirements of the Charities Act 2008 have not been mel or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Bryan J Friar FCA (Ind dent examiner) Chartered Accountants Ireland Alfred House 19 Alfred Street Belfast BT2 8EQ For and on behalf of GMCG Belfast Chartered Accountants and Statutory Auditors Date: Qrf¢1 h3
Page 12 ARDOYNE YOUTH CLUB STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023 Unrestricted Funds Restricted Funds Total 2023 ToLql 2022 Note Income from: Donations and legacies Charitable activities Other trading activities Other 2,467 366,771 8.927 4,350 369,238 8,927 4aso 340 413,665 10,944 7,938 340 Total Income 2,807 380.048 382,855 432.547 Expenditure on: Charitable Aclivities Other 618 (649) (240) (349,075) (349,724) (240) (349,964) 32,891 (445,268) (326) (445,594) (13.047) Total expendlture Net Incomel(expendlture) (349,075) 30,973 10 1,918 Transfer between fund8 Net movement in funds 30,973 32,891 (13,047) Reconciliation of fund$: Total funds brought forward Total funds carrled forward 11,783 13,701 340,648 371,621 352,431 385,322 365.478 352,431 All income and expenditure derive from continuing activities. The Siatement of financial activities includes all gains and losses recognised during the year. The notes OD pages 15 to 28 form part of these finallcial statement$
Page 13 ARDOYNE YOUTH CLUB BALANCE SHEET YEAR ENDED 31 MARCH 2023 2023 2022 Note Flxed Assets Tangible Assets l4 352,799 329,967 Current Assets Debtors Cash at bank and in hand 15 20,258 25,418 45,676 33,537 9,131 42,668 Creditors: amounts falling due wlthln one year Net current assets 16 (13,153) 32,523 (20.204) 22,464 Net a$$et$ 21 385,322 352,431 Charlty Funds Restricted funds Unrestricted ndS 19 19 371,621 13,701 38S,322 340,648 11,783 Total charity funds 352,431 These financial slakments w¢r¢ approved by the members of the management committee on the 24.ry... and are signed on their behalf by.. Joe Mccafferty Committee Member The notes on pages 15 to 28 fonn part of these financial stalements. Charity number: NIC102199
Page 14 ARDOYNE YOUTH CLUB STATEMENT OF CASH FLOWS YEAR ENDED 31 MARCH 2023 2023 2022 Note Cash flow tol(from) operating activitie$ Net casb flow tol(from) operatlng activities Casb flow froni investing aetlvltles Payments to acquire tsngibl¢ fixed assets Net cash flow from Invesling aetivltles 22 55,113 55,113 (17,850) (17,850) (38,826) (38,826) Net increasel{de¢rease) In cash and ca$h equlvalents 16,287 (17.850) CAsh and cash equivalents at l April 2022 Casb and CAsh equivalents at 31 March 2023 9,131 25,418 26,981 9,131 Casb And ¢a$h equlvalents CODSlSt$ of- Cash at bank and in hand 25,418 25,418 9,131 Cash ind Cash equivAlents at 31 March 2023 9,131
Page 15 ARDOYNE YOUTH CLUB NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2023 Principal accounting policies General informatlon and bAsls of preparatlon Ardoyne Youth Club is a charity which registered with The Charity Commission for Northern Ih Ireland on 8 April 2014, The address of the regislered office is given in the charity inforniation on pag¢ l of thes¢ financial statements. Ardoyne Youth Club, a charitable trust is constituted under a trust deed. Ardoyne Youth Club constitutes a public benefit entity as defined by FRS 102. Statement of compllanee The financial statements have been prepared on th¢ going concem basis under the historical cosl eonvcnlion in accordance wilh applicable accounling standards, the Charities Act (Northem Ireland) 2008, Charities Act (Northern Ireland) 2013, The Charities (Accounts and Rq)orts) Regulations (Northern Ireland) 2015, 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 SORP (FRS 102) issued in October 2019, the Financial Reporting Slandard applicable in the United Kingdom and Republic of Ireland (FRS 102) and UK Generally Accepted Accounting Practice. They have also had regard for any other information required by th¢ charity's governing document. The financial statements are prepared in sterling which is the functional currency of the charity and rounded to the nearest £. The significanl accounting policies applied in ihe preparation of ihese financial statements ar¢ set out below. These policies have been consistently applied to all years presented unless otherwise stated. Fund accountlng Thc charity has various teS of funds for which it is responsible and which require separale disclosure. A definition of the various types of funds is as follows: Unrestricted funds The charity's Unrestrict funds consist of a General Fund which is expendable at the discretion of the trustees in fjjrtherance of the charilable objecls of the charity. The trustees may at iheirdiscretioTh designate funds for specific purposes but ihe deS1110n does not legally restrict the truste¢5' discretion to apply those funds. Restricted funds Restricted funds are to be used for specified purposes as laid down by the donor. Expenditure which meels these criteria As charged to the fund, together with a fair allocation of overheads and support costs.
Page 16 ARDOYNE YOUTH CLUB NOTES TO THE FINANCIAL STATEMENTS (contlnued) YEAR ENDED 31 MARCH 2023 Prineipal Accounting policies (¢oft¢lnued) Income recognltfion All incoming resoU¢S are included in the Statement of Financial Activities (SOFA) when the charity is legally entitled to the income after any perfom)ance conditions have been met. the amount can be measured reliably and it is probable ihat the income will be received. For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing, If there are conditions attached to the donalion and this requires a level of perforn]ance before entitlement can be obtained then income is dcfared until ihose conditions are fully mel or ihe fulfilment of those conditions is within the control of the Gharity and il is probable that they will be fulfilled. Donated facilities and donated professional services are recognised in income at their fair valuc when their economic benefit is probable, it can be measured reliably and the chariiy has control over the item. Fair value is deterniined on the basis of ihe value of Ihe gift to th¢ charity. For example the amount the harity would be willing lo pay in the open market for such facilities and services. A corresponding amount is reeognised in expenditure. No amount is included in the financial statements for volunleer time in line with the SORP (FRS 102). Furthcr delail is given in the Report of the Management Committee. Where practicable, gifts in kind donated for distribution to ihe beneficiaries of the charity are included in stock and donations in the financial statements upon receipt. If it is impraclicable to asses] s th¢ fair value at receipt or if the cosls to undertake such a valuation oulweigh any benefits, Ihen ihe fair value is recognised as a component of donations when it is distributed and an equivalent amount recognised as charitable expendilure. Voluntary income received by way of donations and gift is credited to revenue on a receivable basis. Gifts in kind donated for resale are included at fair value, being the expected proceeds from sale less the expected costs of sale. Where estimating ihe fair value is practicable upon receipt it is recognised in stock and 'lncome from other trading activities, Upon sale, the value of thc stock is charged againsl 'lncome from other trading activities, and the proceeds are recognised as 'lncome from oiher trading activities,. Where it is impracticable to fail value the items due to the volume of low value items they ar¢ not recosrylised in the financial statements until they are sold. This income is r¢cognised within 'lncome from other trading activities,. Fixed asset gifts in kind are recognised when receivable and are included at fair value. They are not deferred over the life of the asset. For lega¢ies, entitlement is the earlier of the charity being notified of an impending distribution or the legacy being received. At this point income is recognised, On OaS1on legacies will be notified to the charity however it is not possible to measure the amount expected to b¢ distributed. On ihese occasions, the legacy is treated as a contingent asset and disclosed.
Page 17 ARDOYNE YOUTH CLUB NOTES TO THE FINANCIAL STATEMENTS (contlnued) YEAR ENDED 31 MARCH 2023 Principal accountlng policies (con4) lllcome recognition (continued) Income from trading activities includes income earned from fundraising events to raise funds for the charity. Income is received in exchange for supplying goods and services in order to raise funds and is recognised when entitlement has occurred. Income from government and other grants are recognised at fair value when the charity has entitlement after any perfomiance conditions have been met, it is probable that the income will be received and the amount can be measured reliably. If entitlcment is not met then these amounts are deferred. Revenue grants are credited to incoming resources on th¢ earlier date of when they are received or when they are receivabl¢, unless they relate to a specified future period. Grants which Contribute towards specific expenditure on fixed assets are credited to the SOFA in full upon receipt. Investmenl income is interest earned through holding cash al bank. Interest income is recognised when receivable. Other income represents income that cannot be reported under ihe other analysis headings provided within the SOFA. Deferred Income Income from certain events has been deferred as the concerned events will not occur until after the year Aecrued Income Incom¢ from certain events has been accrued as the concerned evenls occurred before the year ¢nd. Expendlture recognltlon All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs rclated to ihc catcgory. ExpcnditUTe is recogniscd where ihcre is a legal or construclive obligation lo make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. 11 is calegorised under ihe following headings.. Costs of raising funds comprises costs in¢urred in g¢n¢rating voluntary income and includes event costs, salary costs, staff costs and an apportionment of support costs. Expendilure on charitable activities comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries and includes salary costs and an apportionment of support costs: Other expenditure represents those items not falling into the categories above.
Page 18 ARDOYNE YOUTH CLUB NOTES TO THE FINANCIAL STATEMENTS (contlnued) YEAR ENDED 31 MARCH 2023 Principal accounting policies (¢o•ilttMed) Support costs allocfitlon Support costs are those that assisl the work of the charity but do not directly rq)res¢nt charitable activities, for exampl¢, governance costs. The analysis of these costs is included in note 8. They are incurred dircctly in support of expenditure on the objects of ihe charity, Where support costs cannot be directly attributed to particular headings they have been allocated to ¢xpenditure on charitable activities on a basis consistent with use of the resources. Staff costs and overhead expenses arc allocated lo activities on lh¢ basis of staff time spent on those activities. Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating infonnation in support of ihe charitable activities. Employee beneflts When employees have Tendered service to the charity, short-t¢rn) employee benefits to which the employees are entitled are recognised at th¢ undiscounied amount expected to be paid in exchange for that s¢rvice. The charily operates a defined contribution p¢nsion plan for the benefit of its employees. The assets of the s¢h¢m¢ are held separalely from those of the charity. Conlribulions are charged to the SOFA as they become payable, Tydxation As a charity, Ihe company benefits from various exempiions afforded by tax l¢gislation. Il is therefore not liable to corporation tax on income or gains falling due within those exemptions. The charity is nol registered for VAT puTroses, therefore expenditure is shown gross of VAT. Tangible fixed Assets and depreciation The cost of tangible fixed assets is their purchase cost, together with any incidental costs of acquisition. DepCiatIon is calculated so as to write off the cost of tangible fixed assets. less their estimated residual valucs OVCT thc expected useful economic liv¢s of the assels concerned. The principal annual rates used are as follows: Leasehold property Fixlures and fitlings Motor vehic1¢5 Assets under construction 40/0 Straight line 15f/l o reducing balance 200/0 reducing balance 00/0 Straight line Where ihe recoverable amount of a fixed asset is found to be below its nd book value, Ihe asset is written down to ihe r0Verable figure and the loss on impairn]¢nt is recognis¢d in the SOFA. Debtors and credltors recelvable I payable within one yevdr Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impainnent are recognised in expenditure.
Pago 19 ARDOYNE YOUTH CLUB NOTES TO THE FINANCIAL STATEMENTS (¢ontlnuedJ YEAR ENDED 31 MARCH 2023 PriDcipal ac¢ountiDg policie5 (conlinud) Golng coneern The firn¢la1 statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expendilure for 12 months from authorising these financial statements. The budgeted income and expendAlure is sufficient with the level of Teserves for the charity to be able to continue as a going concern. Judgements and key sources of estimation uncertainty The following judgements including those involving estimates have been made in the process of applying the above accounting policies that have had the mosl significant effect on the amounts recogniscd in the financial statements and that have a significant risk of causing a material adjustment lo the carrying amounts of assets and liabilities within the next financial year: (i) depreciation method and asset useful lives The ¢stimat¢s and assumptions are reviewed on an ongoing basis considering the current and tUre market conditions. Income from donatlons and legacles UDrestrlcted Restrlcted Funds Funds Total Funds 2023 Unrestricted Restricted Funds Funds Total Funds 2022 Donations Grants 2,467 2,467 366,771 369,238 366,771 366,771 413,665 413,665 2,467 413.665 413.665
Pag• 20 ARDOYNE YOUTH CLUB NOTES TO THE FINANCIAL STATEMENTS (contlnuad) YEAR ENDED 31 MARCH 2023 Income from donations and l¢ga¢les (eonilnmed) Grants Unrestricted Restrlcted Total Funds Unrestricted Restricted Total Funds Funds Fund$ 2023 Funds Funds 2022 Education Authority - Youth work Active Communities Belfast Cily Council Conununity fund Department for Communities Department Foreign Affairs Department of Education - Youth Work Building Under Con8tN¢tion The Executive Office Inlercomm Ireland BCT NI CIC The Rank Foundatio PHA United Communities Holy CTOS5 Boys Mentoring Programme Halifax Newington Housing Association 164,601 164,601 224,646 224,646 3,850 7,005 74.966 3,850 7,005 74,966 6,452 6,452 11,518 11,518 8,240 8,240 8,225 8,225 6,219 219 600 600 38,432 38,432 89,475 89,475 89,403 2,970 89,403 2,970 4,000 4,000 23,700 4,634 23,700 4,634 2.000 2,000 4,000 400 4.000 4,500 1,000 1,000 366,771 366,771 413,665 413,665
Page 21 ARDOYNE YOUTH CLUB NOTES TO THE FINANCIAL STATEMENTS (Mntlnued) YEAR ENDED 31 MARCH 2023 Income from charitable activities Unrestricted Restricted Total Funds Unrestricted Restrict¢d Total Funds Funds Funds 2023 Funds Funds 2022 Ashton Community R City 1,033 7,894 8,927 1,033 7,894 8.927 3,386 7,558 3,386 7,558 10,944 10,944 Income from other trading Activitles Unrestricted Restricted Total Funds Unrestricted Restricted Total Funds unds Funds 2023 Funds Funds 2022 Fundraising 4,3SO 4,350 7,938 7,938 4,350 4,350 7,938 7,938 Other Income Unrestricted Restrlcted Tot141 Funds Unrestricted Restricted Total Funds Funds Funds 2023 Funds Funds 2022 Room hire 340 340 340 Cbarltable actlvldes - Youth Club Unrestrlcted Restrlrted Totr41 Funds Unrestricted Restrictd Total Funds Funds Funds 2023 Funds Funds 2022 Cost directly allocated to activities (note 8) Support Costs (not¢ 8) 294,823 294,823 378,774 378,774 649 54,252 349,075 54,901 349,724 768 65,726 66,494 649 768 444,500 445,268
Page 22 ARDOYNE YOUTH CLUB NOTES TO THE FINANCIAL STATEMENTS (contlnued) YEAR ENDED 31 MARCH 2023 Other expenditure Unrestricted Restricted Total Funds Unrestricted Funds Funds 2023 Funds Restricted Total Funds Funds 2022 Donations 240 240 326 326 240 326 326 8. AnAlysls of tolal expenditure Charitible 2Ctivltles Restricted Unrestrleted Youth Youth Club Club Charitable aelivilies Restricted Unrestricted Youth Youth Club Club Basls of allocatlon Total 2023 Total 2022 Costs dlrectly Allocated lo 4¢tivitleg Wage%, national Insurance and pension Motor l travel expenses Club activilics Direci 204,302 204,302 242,757 242,757 Direct Direct 29,576 00,945 29,570 60,945 14,849 121,168 14,849 121,168 294,823 294,823 378,774 378,774 Support Costs Time spent Floor area Governance (note 9) 6,760 6,760 3,169 3,169 Depreciation Rent Rates & waler Light and heat Repairs and renewals Cleanin8 Motor vehicle expcnses Professional f¢¢5 Telephone Software development General expenses ISJ45 649 15.994 15,345 9,600 1,519 10,040 3,037 1.604 768 16,113 9,600 I,S19 10,040 3,037 1,604 Cost Cost Cost Cost Cost 2a05 6.193 1,552 2,392 2,505 6,193 1,552 2,392 Cost Cost Cost 2,072 10,619 4.007 2,072 10,619 4,007 1.866 9,389 4,623 1,866 9,389 4,623 Cosi Cos1 1,200 4,334 1,200 4,334 2,807 2,807 54,252 649 54,901 65,726 768 66,494 349,075 649 349,724 444,500 768 445,268
Page 23 ARDOYNE YOUTH CLUB NOTES TO THE FINANCIAL STATEMENTS {ntinUed) YEAR ENDED 31 MARCH 2023 GoverDance eosts 2023 2022 Note 11 11 11 12 12 Auditor's remuneration (including expenses and benefits in kind) Independent examiners fees Accountancy fees Trustees, remuneration Trnstees. expenses Bank interest and fees Other interest payable 6,600 2,400 160 769 6,760 3,169 10. Net expendlture for the yeAr 2023 2022 Tb5s Is stated after cbarglng Fees payable to the charity's auditor for audit of the accounts Fees payable to the charity's accountant for independent examiners report Depreciation of tangible flxed assets - owned assas 2,400 16,113 15,994 I l. Trustees, and key management personnel remuDeratlon and expenses The trustees neither received nor waived any remuneration during the year (2022: £Nil). The tolal amount of ¢mploy¢¢ nefItS received by key management personnel is £Nil (2022: £Nil). The charity considers its key management personnel compromise ihe members of the management committee. Nil (2022 - Nil) truslees are accruing pension arrangements. The trustees did not have any expenses r¢imbursed during the year {2022 - £Nil).
Page 24 ARDOYNE YOUTH CLUB NOTES TO THE FINANCIAL STATEMENTS (contlnued) YEAR ENDED 31 MARCH 2023 12. Staff costs alld employee benefits The average monthly number of employees during ihe year was as follows: 2023 Number 2022 Number Charilable activities: Youth club staff 17 22 17 22 The tolal staff costs and employees, benefits was as follows: 2023 2022 Wages and salaries Social security Pension 189,912 5,900 8,490 204,302 226,005 7,998 8,754 242,757 No employees received total employee benefits (excluding ¢mployer pension costs) of more than £60,(M)O. 2023 2022 Allocaled to.. Charitable activilies 204J02 204J02 242,757 242,757 13. Taxation The charity is a registered charity and as such is entitled io certain tax exemptions on income and profits from investmcnts and sutpluse5 on any trading activities carried out in the furtherance of the charity's primary objectives. if these profits and surpluses are applied solely for charitabl¢ pu4)oses. The charity 15 not registered for VAT and, accordingly, all their expenditure is inclusive of any VAT incurred.
Page 25 ARDOYNE YOUTH CLUB NOTES TO THE FINANCIAL STATEMENTS (¢ontlnued) YEAR ENDED 31 MARCH 2023 14. Tanglble fixed assets Leasehold A$$ets under Fixtures & property construction Fittings Motor Vehicles Total COST At l April 2022 Additions 383,617 218,903 38,826 82,743 10,000 695,263 38,826 383,617 257,729 82,743 10,000 734,089 DEPRECIATION At l April 2022 Charge for the year At 31 March 2023 276,792 15J45 292,137 78,621 619 9,883 30 365,296 15,994 381,290 79,240 9,913 NET BOOK VALUE At 31 Mfirch 2023 91,480 106,825 257,729 218,903 3,503 4,122 87 352,799 329,967 At 31 March 2022 Assets under construction relates to a new Youth club being built which is being funded by ihe Education Authority. IS. Deblors 2023 2022 Prepayments and accrued income 20,258 33,537 16. Creditors: amounts falling due within one year 2023 2022 PAYE and social security Accruals Other creditors 8,212 4.200 741 5,202 14,400 602 13,153 20,204
Page 26 ARDOYNE YOUTH CLUB NOTES TO THE FINANCIAL STATEMENTS (continued) YEAR ENDED 31 MARCH 2023 17. Penslons The charity operates a defined contribution pension scheme for employees. The assets of ihe scheme are held separately from those of the charity. The contributions paid by the chariiy during the year amounted to £8,490 (2022: £8,754). At the balan¢¢ sheet date outslanding payments to the fund totalled £741 (2022.. £602). 18. Contlngent liabilities The charity has a contingent liability to repay grants e1Ved if the charity fails to comply with ccrtain conditions stipulated in the letter of offer and lern and conditions of contract under which ihe grants were paid. The trnstees do not expect any claims to be madc in this respccl, 19. Fund reconcillatlon Unre$trlcted funds Balancc al l April Income 2022 Balance It 31 March 2023 Expenditure Transfers Unre¥tricled: Gencral 11,783 2,807 (889) 13,701 11,783 2.807 (889) 13,701 Balance ai l April lrtcome 2021 Balance at 31 March 2022 Expenditure Transfers Unrestricted: General 12,877 (1,094) 11,783 12,877 (1,094) 11,783 Restricted funds Balance at l April Income 2022 BalAnee at 31 Mydrch 2023 ExpenditLire Transfers Restricted: Capiial Revenue 325,728 38,826 14,920 341,222 (15,345) (333,730) 349,209 22,409 340,648 380,048 (349.075) 371,618
Page 27 ARDOYNE YOUTH CLUB NOTES TO THE FINANCIAL STATEMENTS (contlnued) YEAR ENDED 31 MARCH 2023 19. Fund reconclllatlon (continued) Restrlcted funds (continued) Balance at l April 2021 Balance at 31 March 2022 Income Expenditure Transfers Restricted., Capital Revenue 341,073 11,528 (15,345) (429,155) 325,728 14,920 432,547 352,601 432,547 (444,500) 340.648 20. Fund de$criptioni a) Unrestricted funds Funds which are expendable at the discretion of the charity in furtherance of its objectives. In addition to expenditure on activilies such fidS may be held in order to finance capital investmenl and working capilal, b) Restricted funds Reslricted ndS are to be used for specified pun)oses as laid down by the donor. Expenditure which meets these criteria is charged to the fund, together with a fair allocation of overheads and support cosls. 21. ADalysls of net assels between funds Unrestricted funds Restricted funds Total 2023 Fixed assets Net current assets 3,590 349,209 22,412 352,799 3223 Total 13,701 371,621 385J22 Unrestricted funds Restricted funds Total 2022 Fixed assets Net cuent assets 4,239 7,544 325,728 14,920 329,967 22,464 Total I k,783 340,648 352,431
Page 28 ARDOYNE YOUTH CLUB NOTES TO THE FINANCIAL STATEMENTS (contlnued) YEAR ENDED 31 MARCH 2023 22. Reconciliation of Det expenditure to net cash flow from operatlng actlvities 2023 2022 Net incomel{expcnditure for the year) 32,891 (13,047) DreCiation and impairnient of tangible fixed assets D¢cr¢ase/(Increase) in debtors (Decreaseylncrease in creditors Net cash flow from operating activities 15,994 13,279 (7,051) 55,113 16,113 (23.110) 2,194 (17,850) 23. Lei8e8 The charity leases the land the property is situated on. The lease started in February 1978 and il is a 999 year lease lenn. 24. Financial eommltment The charity is committed to build a new Youth Club which is being fvnded by the Education Authority. The expected completion date is in 2025. 25. Ethical Standards In common with many other organisations of our size and nature, we use our independent examiner to prepare and assist in the preparation of th¢ financial statements. 26. Related parties There were no related party transactions during the year (2022: £Nil).