Charlty Number: 102199 Ardoyne Youth Club Annual Report and Unaudited Flnancial Statements for the financlal year ended 31 March 2025
Ardoyne Youth Club CONTENTS Page Trustees, and Other Information Trustees, Report statement of Trustees, Resp)nsibilities Independent Examiner's Report statement of Financial Activities Balance Sheet Notes to the Flnancial Statements 9-14
Ardoyne Youth Club TRUSTEES. AND OTHER INFORMATION Trustees J.A. MGEvoy A. Murphy B. McKee V. Murphy Charlty Number In Northern Ireland 102199 Prlnclpal Addro$• Old B8ltsx Mill 11 B Flax Street Belfast BT14 7Ej Northem Ireland Indopend•nt Examlner Paul Forker FCA LLB 73 Charlg¥ipwn Rvad Amiagh BT63 5PP GB
Ardoyne Youth Club TRUSTEES. REPORT for the financial year ended 31 March 2025 The trustses presanttheir TNstees' Report and the unaudited finanaal ststsmentsfortho financ4al year ended 31 March 2025. The financtal ststsments are prepared in accordance wtth the Charitie8 Act (North•m IreLgndl 2008. FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and AcLounting and Reporb'ng by Charities.. Statsmènt of Recommended Practice applicable tr) ¢harities preparing their financial statements in accordance wth th8 Financial Rewrbn9 Standard applicable in the uand Republic of Ireland IFRS 1021. Thè Trustses, Report contains the information required to be provided in the Trustegs, Annual Report under the Ststement of Recommended Practice ISORPI guidelines. The trustses of th8 charity are also charity trustses for the purpose of chanty law and under the Charity constr(ut'on are known as members of the board of trustses. In this report the trustees of Ardoyne Youth Club present a summary of its purp08e, govemance, activiti88, athievements and finances for the financial year 31 Marth 2025. Th8 charity is a registsred charity and although not obliged to comply the Statsment of R9mmended Practice applicabl8 in tha UK and Republic of Ireland FRS 102, the organisation has implementsd its recommondations where relevant in these ffnancial ststsm9nts. Flnan¢lal Revlew The results for the financial year are sot out on pag6 7 and additional notes are provided Showing itvjmg and expendire in greatsr detail. Result$ and Dlvldends At tho ond of thg financial year the charity has assets of £326,895 (Restatèd 2024 - £372,420) and liabiliti6s of £11,e54 12024 Reststsd - £36,422). The n8t assets of the charity have dgcrga$8d by £20,73712024 Restatsd - £49,345). Compllance vAth Sector4Wlde Legl¥latlon and 81andords Tha charity 8ngage8 pro-actively with legislation, standards and codes which aro devolopgd for tho $6ctr>r. Ardoyng Youth Club subscribes to and is compliant with the following.. The Charites SORP IFRS 1021 Approved by J. M¢Cafferty (Chalr) on 071Tr26 and slgned on Its behalf by:
Ardoyne Youth Club STATEMENT OF TRUSTEES, RESPONSIBILITIES for the financial year ended 31 March 2025 The tStses are responsible for preparing th8 financial ststsments in accordance with appliGable law and regulations. The law applicable to charities in Northem Ireland requires the trustees to prepare finanaal statemènts foreaGh financial year which give a true and fair view of tt7e a88ets, Irabilities and finanual posttion of the chartty as at the financial y¢a r end date and of the surplus or deficit of the charity and otherwise comply with thè Charit18s Act (Northern Irèland) 2008. In preparing these financial statements. the trustegs are required to.. select suitsble accounting policies and 8pply them consstsnlly.. obseNe the methods and principles in the Charitps SORP", make judgements and accounting estimatss that are rea$onable and prudent., stats whether the financial ststemants have been prepared in accordance with applicable acUnting standards, Idenbty those standards, and nots the ett.ect and the reasons lor any matsrial departure from those standards,. and prepare trle financial ststements on the going concern basis unless it is inappropriats to presume that the chanty will in rjperation. The bustses confirm that thèy hav8 complied with the above requirements in preparing the financial ststsments. Th9 trusts88 are responble for kegping adequate accounting records trtat are sufficient to show and explain the harity's transactions and discloso With reasLJnable accuracy at any time the financial position of the charity and enable them to ensure trtat the financial ststsments comply with the Charitse5 Act {Nothem Ireland) 2CMJ8. They are also rgspDnsibl8 for safeguatrling the assets of the charity and hence for taking reasonable stsps for trtè prevention and detsGb'on of fraud and other irregularities. Approved by J. M¢Cafferty (Chalr) on ?C¥26 and slgned on Its behalf by.
Ardoyne Youth Club INDEPENDENT EXAMINER'S REPORT TO J. MCCAFFERTY OF ARDOYNE YOUTH CLUB I have examined Ihe financial statements of the charity for the financial year ended 31 March 2025, which comprise the Ststsment of Financial Activities, the Balance Sheet and the related notes. Respectlve rosponslbllltles of tru5tses and examlner The charity's trustees are responsible forthe preparation ofthe financial statements in snIanCe wth the requirements of the Charities Act (Northem Ireland) 2008. The charity's trustees consider trat an audr( is not required fr)r this financial year under the Charites Act (Nothern Ireland) 2008 and that an independent examination is required. It is my responsibilrty to.. examine the financial statgm8nts under section 65 of the Charities Act., follow the procedures laid down by the general Dir&ction8 given by the Charity Commission for Northem Ireland under section 6519llbl of the Charities Act.. and ststs wh8thor parbcular matters havg tsjme to my attention. Basls of Independent examlner'¥ rnport I have examingd your charity finanaal statsments as requirod undar seclion 65 of the Charities Act and my examinatson was caniod out in accordance with tho general Directions given by th8 Charity Commission for Northem Ireland undèr s8cb.on 6519llbl of the Charities Act. An examination includes a revigw of the accounting records kept by the charity and a eomparison of the financial statsm8nts presonted with those records. It also includgs consideration of any unusual itsms or disclosur88 in the finans81 statements and seèking explanations from the trustses concming any su mattsr5. The proeadures undertaken do not provide 911 the evidence that would b8 required in an audit and consequanly no opinion is given as to whether thg acGounts present a 'true and fair, view and the report is limitsd to th088 matters Set out in tho statsmènt below. In connection with my examin8tion, no mattgr has come to my atsntion which give$ me causg to boli8ve that in, any matsrial r8spect' accounting records were not kept in accordance with saction 63 of tha Charitle8 Act tho financial statements do nol accord with those accounting records tho financial ststements havo not been prepargd in accordanco with the Statsment of Recommended PractiGo appIlble to charities preparing their accounts in aoGordance with the Financial Reporbng Stsndard applicable in the UK and Rèpublic of Ireland IFRS1021 th6r8 is further infomation n&8d6d for 8 propgr understsnding of the gGcounts to be rga¢hed. Independent examlnerfs statement I have no conc•ms and have come across no other matters in connection with the examination to whiGh att6ntion should bèdr in this r&port in ordor to enablo a pKpgr understsnding of th¢ fin¥neial statsmants to bo r8ached. PAUL ORKER FCA LLB 73 Chadestown Road Armag BT63 5PP GB 1910312026
Ardoyne Youth Club STATEMENT OF FINANCIAL ACTIVITIES for the financial year ended 31 March 2025 Rfvstxted RA&tgtArl Total Unrestrictsd RestiiGtsd Funds Funds Funds 2025 2024 2024 UTrrestrlcted Restrlcted Funds Funds 2025 2025 Totsl Funds 2024 Notes In¢om• Donations and legacies Ch8ritable acb'vrties - Grants from gov8mments and other co-funders Other trading actNits'os Other income 6,940 190,387 197.327 11,153 320,348 331,501 162.681 162,681 12.39J 12,39J 11,176 21,110 3,833 15,009 21,110 2,735 5,031 2,735 5,031 Total Income 39,226 356,901 396,127 18,919 332,738 351,657 Expendlture Charitable activiti68 Other expgnditure 37,126 5,264 341,902 32,572 379,028 37,836 84 356.790 43,828 356.874 44.128 Total Expenditurn 42,390 374,474 416,864 384 4W,ts18 401,002 Net InGpmel(exp•ndlture) (3,164) (17,573) (20,7371 18.535 (67,8801 (49,3451 Transfers ben funds Net movement In funds for the flnan¢lal year 13,164) 117,873> 120,737) 18,535 167,8801 149.3451 Reconclllatlon of fvnds: Total funds beginning of the y$ar 11 32,237 303,741 336,978 13,701 371,621 385.322 Total fund$ at tho end of th• year 29.073 288,168 315,241 32,236 303,741 335,97T The Statsment of Financial Activities include$ all gains and losses roGogni8ed in the finanaal year. All incomg and oxpenditur8 relate to continuing ath'viti8s. Thè notss on pages g to 14 form part of the flnanclal Statoments
Ardoyne Youth Club BALANCE SHEET as at 31 March 2025 Restated 2024 2025 Notes Flxed Assets Tangible assets 322,993 338,785 Currnnt A$$ets Cash al bank and in hand 3,902 33.635 Cr•dllors: Amounts lalllng due wlthln one year 111,664> 136,4421 Net Current ILlabllltle$)IA$$ets {7,752) 12,807) Total Assets less Current Llabllltles 315,241 335,978 Total NetAssets 315,241 335,978 Fund$ R85thcted trust funds General fvjnd lunrgstiictsdl 286,188 29,073 303.741 32,237 Total funds 11 31 S.241 335,978 Thè financial statèments have been prepared in accordance with the provisions applicsble to companies subject to the small companies, re9ime and in accordance with FRS 102 "Tho Financial Reporting Stsndard applicable in the UK and Republic of Ireland" applying Section 1 A of that Standard. Approved by J. behalf by ccafferty Ir) and authorlsed for1$8ue on Ig of and slgned on Its The notes on pag*$ 9 to 14 form part ol th6 finan¢ial Statements
Ardoyne Youth Club NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 GENERAL INFORMATION Ardoyne Youth Club is a charity inrK)rporatsd in Nothem Ireland. The registsred office of the Gharity is Old Bèltax Mill, 11 B Flgx Street, 881fast, BT14 7EJ, Northern Ireland thich is also the principal pl3c8 of businass of the charity. The financial slatements have been presented in Pound 1£) which is also the fUnCtonal cuThency of the ch8rity. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting wlicies have been applied consistsntty in dealing with itsms which are considered matsrial in relation to th8 charity's financial ststements. Ba$ls of preparatton Tha financial statamants hav• been proporgd on th8 going eoncem basi$ undar th6 historical cost convontion, modifi8d to indud8 certain items at fair valu8. The financial ststements have be8n prepared in accordance with the Ststsment of Rgcommended Praclice ISORPI "AGc£)unting and Raporfang by Charitigs preparing their accx)unts in accordance wth the Financial Reporting Stsndard applicable in the UK and Republic of Ireland FRS 102,, applying Section 1 A of that Standard. As pemiitt8d by th8 Companies Act 2006, the charity has varied thg standard fomia15 in that act for Ihg Stat8m6nt of Financ4al Activities and the Balanc8 Shéet. Depar&S from tho standard fomiats are to comply willi thtr rgquii@rri¥nts of the Charities SORP 4irid are in [riplianCe with 59Gtion 4.7, 10.6 and 15.2 of thal SORP. Statèment of ¢ompllance Thg financial statsments of tho charity for the finoncial year ended 31 March 2025 have bèan prepared on thg going concern basis and in aceordsnc8 with the Ststement of Recommended Practi&9 ISORP)"Accounting and Reporting by Charlties preparing their accounts in a¢wrdanc4 with the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland FRS 102" applying S8ction 1A of that standard. Fund a¢countlng The followino aro thg catggorie8 of funds maintained.. Restrlcted fvnfls Restrictsd funds tppresont incom8 received which can only b6 u88d for particular purposes, as specified by the donors. Such purposes 4r8 thIn tha overall objectives of the ¢hgrity. Unrestrlcted fvnd$ Unre8trict&d funds ojnsist of Gèn6ral and D88ignatsd funds. - Ggn9r81 funds r8pr888nt amounts which ars exnd¥ble at the diFLr8tion of the board, In furth8rance of the obj8otives of thè charity. Dosgnotgd funds compri8e unrestriGtsd funds that th8 bjard has, at its discretion, set a$id8 for pat1icular pUoSe5. Those de$ignation8 have an administrats'v& purposo only, and do not legally restri¢t the board s discrotion to apply thè fvnd. Income Income is recognised by inclusion in thg Ststsment of Financial Activiiies only when the charity 18 legally gntitlgd to the income, performance conditions attached to the itemls) of income have been met, the amounts involvod can be nasur6d with sufficient reliability and it is probable that tho incomo will bg received by the charity. Income from charltsbl• actlvltles Income from charitable activthes include income 9grngd from the Supply of seNices under cy)ntractual arrangements and from perfomiance relatsd grants which havg Gondrtionsthat specify the provision of particular 8eNices to be provided by the charity. Income from govemment and other co-fvnders is recognised when the charity is leg8lly entiled to the income bgcause it is fulfilling the conditions containad in the related fvnding agreements. Vwere a grant is received in advance, its recognition is doferrod arsd induded in creditors. er9 entilement occurs before income is r9CelVod, it is accrued in debtors. Grants from govemments and other co-fijndgrs typically indude one of the following typ85 of conditions.. - Perfomianee based conditions.. whgraby the charity is contractrjally ontiled to funding only to the extent that the core objectives of the grant agreement achieved. ere the d)arty is meeb'ng tho Gore objectives of a grant agreement, It recognises the relatsd expenditure, to the extsnt that it is reimbursable by the donor, as income. -Time based conditions.. whereby the Gharty is ContraCallY entilgd to fvnding on tre condition that it is utilised in a parbcular period. In these ca8esthe charity recognises the incomo to th8 extènt it is ulilrsed within tho period
conlinued Ardoyne Youth Club NOTES TO THE FINANCIAL STATEMENTS for th$ financial year endgd 31 March 2025 specified in th8 agreement. In the absenc* of such conditions, assuming that 1pt is probable and the amount can be reliably measured, grant income 15 recngnised once the charity is nob'fied of entidement Grants received towards capital expèndthre are crodited b the Statement of Financial Activitios when racèived or receivable, whichever is eartier. Expendlture Expenditure is analysed beeen costs of charitsble a¢tivities and raising funds. The costs of eaoh 8ctiv.ty are separatsly accumul8tsd and disclosed, and analysed according to their mapr components. Expendire is r6cogiiisèd wli61i a 16gal or cK)nstrUG.v¥ ubiiydtivn èxists as a i-èsult uf ¢1 6ia>l uvtyllt, a trdnsfer of ecoi)01-ril benefits is required in setuement and the amount of the obligation can be rgliably measured. Support costs are thosa fvnction6 that assist tha work of tho charity bLrt cannot be attributed to one activity. Such costs ar allocated to activities in proporbon to stsff time spent or other $ui13bl8 measure for each activity. Tanglble ftxed assets and depre¢latlon Tangible fixed assets are stated at cost or at valuab'on, less accumulatsd depreciation. The charge to depreciation is calcu18tsd to writs off tho original cost or valuation of tangible fixed assets, lo$8 Iheir estimated residual value, over their expected usefvl livos as follows.. Land and buildings freehold FIXre8. fitty'ngs and equipment Motor vehicles 4% Strgight line 15% Reduang balan 25% Reducing balanc• Investment propertles Invesknent property 18 propety held eithor to 6am rantal income, or for capitsl apprgGigtion (including fvtut? re- development} or for both. but not for sale in the ordinary course of business. Investment propety is inrtially measured at cost, which includes the purchase cost and any dlrèdy attributable expgnditure. Investmgnt property is subsaquently valued at its fair valug at each r6porh.ng date, by professional extsmal valuers. The differen belween the fair value of an invgstrngnt propèty at the reporting date and its carrying valu8 prior to the valuation is re¢ognised in the Ststsm8nt of Financial Activities as a fair value gain or loss. Any gain or loss on disposal of an investrnènt property (calculated as the difforoncg beeen the net proceeds from disp)8al and the carrying amount of the item) 18 recognised in the Ststgmgnt of Financ4al Activities. Cash at bank and In hand Cash at bank and in hand comprises ¢ash on depo&t at banks rnquiring loss than thr86 mnths notice of withdrawal. Taxatlon and deferred taxatlon No currènt or deferrèd taxation anses 4s the charity has bèan grantsd charitable exemption. Irrecovorabl8 valued added tsx is exFensed as incurred. Defarred tsx is recognised in respectof all timing differgncgsthat have originated but not rgvgrsed atthe balance sheet dale where transactions or events have occurr9d at that dats that wll result in an obligation to pay more tax in the future, or a right to pay less tsx in tre futuro. Timing drff8rencès are temporary diffgrgnces been the charity 3 t2xable profits and its rgsults as stated in the financial statsments. Deferred tax is measured on an undiscountsd basis 8t the tax rates that are anticipatsd to ?pply in the periods in which the timing difforences are expected to reversg, basod on tax ratss and laws that have beon enartèd or substAntvoly enact8d by the balance sheet dats. INCOME DONATION8 AND LEGACIES Unre$trl¢ted Restrfcted 2025 Restatsd 2024 Funds Funds Donations and legociv. 6,940 190,387 197,327 331,501 10
continued Ardoyne Youth Club NOTES TO THE FINANCIAL STATEMENTS for the financial year gnd9d 31 Marth 2025 CHARITABLE ACTIVITIES Unrestricted P.¢ttrj.ts Fund5 Funds 2025 Grants from govemments and other Co-funders: Income from charitsble actNities 162,681 162,681 12,3 162,681 162,681 12,390 OTHER TRADING ACTIVITIES Unrestrlcted Restrlcted Funds Funds 2025 2024 Other trading activitiès 11,176 3,833 15,009 2,735 OTHER INCOME Unre$trlcted Restrlcted Fund$ Funds 2025 2024 Other income 21.110 21,110 5,031 EXPENDITURE CHARITABLE ACTIVITIES Dlre¢t Costs Oth•r Costs 8upport Costs 2026 2024 Expenditure on charitable activities 139,937 18,924 220,167 379,028 356,874 OTHER EXPENDITURE Dlrect Costs Other Costs 8upport Costs 2025 2024 Other expenditure 240 208 37,388 37,836 44,128 8UPPORT COSTS Charltsble Other Actlvltle$ Expendlture 2028 2024 Support 5,264 32,572 37,838 43,438 NET INCOME 2025 2024 Net Income Is Stat after charglngl{credltlngl: Depreciation of tangible assets 15,792 15,957 11
continued Ardoyne Youth Club NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 EMPLOYEES AND REMUNERATION Number of employees The average number of powns omployed (including executiv8 trustsesl during the financial year wa$ as follows.. 2025 Number 2024 Number Employee 16 16 2028 2024 The Staff costs {inclusv6 of trustees, salaries) compriso., Wages and salaries Soci81 security costs Pansion costs 177,938 9,924 8,668 162,920 9.047 7,893 196,S30 179,860 No employee received emolument In excess of £60,OQJ. TANGIBLE FIXED ASSET8 Land and Inv•$tsnent Flxtur•s, bulldlngs propertles Ilttlngs and fr•ohold equlpment Motor v•hlcle$ T¢)tal Cost At 31 March 2025 383,817 259,672 82,743 10.OCQ 736,032 Depre¢latlon At 1 April 2024 Charge for the fin#nti#l year 307,482 15,345 79,785 447 10.000 397,247 15,792 At 31 Mar¢h 2025 322,827 80,212 10,000 413.039 Net book value At 31 firtarch 2025 80,790 269,672 2,631 322,993 At 31 March 2024 76,135 259,672 2.978 338,785 CREDITOR8 Amounts falllng due vlthln onè ar 2026 2024 Taxation and social security cost8 (Note 101 Othor creditors 10,930 724 7,077 29,36S 11.654 36,442 TAXATION AND SOCIAL SECURITY 2026 2024 Credltors: PAYE INI 10,930 7,077 12
continuèd Ardoyne Youth Club NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 10. RESERVES Restated Restrlcted reserve Funds Total At the beginning of the year {Restatsdl Deficit for thè financial year 303,741 117.5731 32,237 13,1641 335,978 120,737) At the end ofth8 year 286,168 29,073 315,241 11. FUNDS 11.1 RECONCILIATION OF MOVEMENT IN FUNDS Unrestrlcted Restrlcted Funds Fund$ Totsl Funds At 1 April 2023 Movament during the finanaal year (Reststodl 13,702 18.535 371,621 167,880) 385.323 149,3451 At 31 March 2024 IRestat8dl Movement during the financial year 32,237 13,1641 303,741 {17,5731 335,978 120.7371 At 31 March 2025 29,072 288,188 316,241 11.2 ANALY818 OF MOVEMENTS ON FUNDS Restated Balance 1 Aprll 2024 IncomeExpendltur• Transfers between nds Balance 31 March 2020 Re$trlcted fvnds Restricted Unro$trl¢t•d funds Unrestiicted General 303,741 356,901 374,474 286,168 32.237 39,226 42,390 29,073 Total funds 335,978 398,127 418,864 316,241 11.3 ANALY818 OF NET ASSETS BY FUND Flxed assels - charlty use Current a$s•ts Current Ilabllltles Total Restrictsd trust funds 322,993 322,993 Unrestrictsd gèneral funds 3,902 {11.654} 17,7521 322,993 3,902 (11.854) 315,241 12. POST4ALANCE SHEET EVENTS Thgre havg bogn no sgnificant events affecting the Charity since the financial year-end. 13. CONTINGENT ASSETSILIABILITIES The Charfty has a contingent1Sabllity 10 repay grants recelved If the charity fails to comply wlth Gertain condillons stipulatsd in the letter Df offer and terrrB and conditions of ¢ontr8Ct under which the grants werg paid. The tTUSte8s do not expect any Glaims to be made in this rospeGt. 13
continu8d Ardoyne Youth Club NOTES TO THE FINANCIAL STATEMENTS forthe financial year ended 31 Marth 2025 14. LEASE The charity leases the land the property is sibjatad on. Th8 lease started in February 1978 and it is a 999 year lea$8 temi. 15. FINANCIAL COMMITMENT Thg Charity is committed to build a new Youth Club which is being fundgd by the EduGation ALrthority. There is no timgline in plac8 for the works to commence al the time of signing. 14