Charity Number: NIC102221 Drumgor Detached Youth Work Project Annual Report and Unaudited Financial Statements for the financial year ended 31 March 2023 ddywp fij Daly Park & Company Ltd Chartgred Accountants 4Carnegle Strget Lurgan Arniagh BT66 6AS Northern Ireland
Drumgor Detached Youth Work Project CONTENTS Page Trustees, and Other Infomiation Tnjstees. Report Statement of Truslees, Responsibilities 10 Independent Examiner's Report Statement of Financial A¢tivilies 12 Balance Sheet 13 Notesto the Financial Ststements 14-20
Drumgor Detached Youth Work Project TRUSTEES. AND OTHER INFORMATION Trusteès Lisa H¢yJg Edel Foy Barry Mccrory Donal O'Hagan John Fox Charlty Number In Northern Ireland NIC102221 Prlncipal Addres$ Mount Zion House Edward Street Lurgan Co. Amiagh 8T66 6DB Northem Ireland Indepondent Examiner Daly Park & Company Ltd Chartered Accountants 4 Carnegie Street Lurgan Armagh BT66 6AS Northem Ireland Bankers Danske Bank Donegall Square Wesl Belfast Co. Anlrim BTI 6JS Northern Ireland Solicitors O'connor & Moriarty Solicitors 51 North Street Lurgan Co. Amiagh BT67 9AG Northern Ireland
Drumgor Detached Youth Work Project TRUSTEES. REPORT for the financial year ended 31 March 2023 The trustees present their Trustees, Report and the unaudited financial statements for the financial year ended 31 March 2023. The financial slalements are prepared in accordance with the Charities Act (Northern Irel8ndl 2008, FRS 102 "The Financial Reporting Standard applieable in the UK and Republic of Ireland" and Accounting and Reporting by Charities= Slalement of Recommended Practi applicable to charities preparing their financial slalements in a¢¢ordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021. The Trustees, Report Contains the infomialion required to be provided in the Trustees. Annual Report under the Statement of Recommended Practi {SORPI guidelines. The trustees of the charity are also charity Iruslees foT the purpose of charity law and under the charity's constitution are known as members of the board of trustees. In this report the trustees of Drumgor Detached Youth Work Project present a summary of its purpose. governance, aclivilies. achievements and finances for the financial year 31 MarGh 2023. The charity is a registered charity and although not obliged lo comply with the Slalement of Recommended Practice applicable in the UK and Republic of Ireland FRS 102, the organisation has implemented ils recommendations where relevant in these financial statements. Mlsslon. Objectives and Stratsgy Objectlves Our Project focus, on three Priority areas '. 1. Engagement with those young people who are marginalised or'al r*sk' and lo re-integrate them back into their communities 2. Engagement with communities to inerease their capacity and willingness lo stspport theiryoung people 3. Work strategically to influence policy and Practi in our local area. We do this by.. • Offering a pro-active and r&active supported detached youth work service ' Addressing the needs and wants of young people. Responding lo local community needs. Combating so¢ial exclusion. Promoting and developing good relations. Giving young people the skill$. knowledge, self-esteem and opportunity lo 'Give Back. through Mmunity based projects. Giving young people a voice We have built on meeting the needs of the young people through various means of Partnership working that has become one of the most effective developmental strategies we effectively ulilise lo underpin all of our work. We now have working partneiships with many relevant agencies and funding bodies lo enhance and progress the ever4emanding need of our unique service and the programmes we deliver. Structur•, Governance and Management Structure Drumgor Detached Youth Work Project is an unincorporated charity and is goverrted by its Constitution. The day to day activities ale overseen by the Trustees of the charity.
Drumgor Detached Youth Work Project TRUSTEES, REPORT for the financial year ended 31 March 2023 Trustses The trustees who sen1 during the year were as follows '. Barry Mccrory Donal O'Hagan Lisa Hogg Edel Foy John Fox In accordance with the Constitution, the trustees retire by rotation and, being eligible, offer themselves for re-election. Revlew ofActivitie$, A¢hiovgmgnt$ and Perfomiance Throughout the 2022-23 year, we focused on reaching more young people and we were delighted that we had our highest level of participation ever. We dirediy supported hundreds of young people. partnered with a range of youth providers, statutory and voluntary organisalions. What an impa¢tful year il's beenl In April we were delighted lo have been awarded a grant from the Coca Cola Thank You Fund. this grant was to support and inspire a group of young people lo work towards completing a OCN L1 in Youth Work qualiffcalion. There were a lolal of 16 senior members who actively participated and suecessfully completed this OCN L1. The vast majority of these young people are aiming lo pursue a career within the youth work sector. a number of the young people have alre8dy gained a voluntary position within a youth work setting. A number of the young people who completed their OCN L1 in Youth Work are active membets of the youth committee, they are al the forefront of the planning and delivery of our effective service. In April 2022 we held a strategic planning Tesidenlial in Ballintoy for all of our Youth Committee members as well as staff. This was an opportunity for the young people to express their views and opinions around the upcoming programmes. funding applications and an overall insight into the upcoming months ahead. We also had a large number of young people gain other OCN qualifications throughout the year, such as OCN L1 Health & Fitness. OCN L2 in Restorative Practices, OCN L1 in Choices & Consequences. to name a few. Our schools. intervention programmes eonlinued lo be operational throughout the year (excluding summer months) within St. Ronan'5 College and Lismore College. These non-formal intervention programmes offered a number of students the opportunity lo participate in 8 1-1 mentoring support session or small group work sessions lo address local issues. A fantastic day painting our upcycled pallet wo¢xlen planters I ill illii,,Iii St Ronans Group . pktur•swithNIAS ' Param1¢ Eamon It4rn1ng som¢ . valu•bl• CPR %kiN$ WOrng1nPZrtnersttiP wfth St Ronan$College, Lurgan and PCSPAB¢ The Youth JustlC8 Agency supported our diversionary programme which was mainty focused on reducing the anti- social behaviour within the Mark Court and Taghnevan geographical areas. This programme had 30 active participants who mel on a weekly basis and participated in a range of issue based workshops. including mental health awareness, drugs and alcohol misuse and community safety awareness. This programme was proven to be very successful, which saw a huge reduction of anti-social behaviour within the named areas.
Drumgor Detsched Youth Work Project TRUSTEES, REPORT for the financial year ended 31 March 2023 Through our working partnership with Youth Aetion Nl, we were delighted lo facilitate a free CSR training course for 14 young males aged 16-19 years old, who were not in education, employment or training. Following on from this we facilitsted a number of employment sessions, which supported 12 young people lo gain either part-lime OT full-time employment. These sessions included researching jobs, CV writing. filling out application rrnS and preparation for their interviews. July saw a very well needed and highly successful event which we hosted in partnership with the local PSNI neighbourhood teams Armagh. Banbrrdge and Craigavon PCSP and Northern Ireland Ambulanee Service. This event was open to the public and seen attendan from a large number of young people. parents and community and voluntary workers. Due to the knife crime issues arising within the Craigavon and Lurgan geographical areas, this event was very much welcomed from all members of the community. The summer of 2022 saw a new and innovative 8-week summer intervention programme, which was supported by the Youth Justice Agency. We devised a slruclured summer plan of educational and team buildings activities lo provide the young men with opportunities tailored to their needs and interests. This summer diversionary programme was implemented to steer the young people away from risk-taking behaviours and to provide them with positive opportunities. The participants of the programme worked very hard throughout the summer planning a social action proje¢l for their peers and other young people from the Lurgan and Craigavon areas. The young men came up with the idea lo facililale a fun filled day which included a 5-a-side football lournamenl and a BBQ. This youlh-led event seen over 120 young people in attendance and was a fantastic day all around. the programme participants reIVed fantastic feedback from the loeal community for their exceptional social action project event. August seen the start of our new Neighbourhood Renewal programme. which was focused aiound health and well- being. This group was facililaled in North Lurgan Community Centre and operated one evening a week for a lolal of 16 weeks. with over 30 young people aged 13-15 years old actively participating on a weekly basis. This programme included a range of workshops and fitness sessions focused around improving their overall health and well-being. The feedback from the young people who were involved in this group has been very positive. the young people expressed they thoroughly enjoyed all the sessions and fell that their physical and mentsl health overall had been improved. We were also Suc5sful in receiving Neighbourhood Renewal funding to facilitste an issue based programmed with the Brownlow area. This programme was tailored to the needs of the group and they were al the forefront in the planning of all the workshops. some of the issues that were raised throughout group discussions were gambling addiction. drugs and alcohol misuse. mental health awareness and water safety, just lo name a few. Following on from the group discussions the young people planned an event focused on addiction. gambling and the overall impact this can have on our mental health. The young people organised lor GAA All Ireland Winner Oisin Meconville lo come along as a guest speaker and speak very openly about his struggles and battles with gambling and addiction and how he overcame these ballles. This event was open to all Membe off the community, with over 80 people in attendance. li)
Drumgor Detached Youth Work Project TRUSTEES. REPORT for the financial year ended 31 March 2023 December saw the beginning of our teenage girl's self-defence 8-week programme, which was supported by CIT & CRJI. This programme was focused around exploring tips, techniques and strategies young girfs can put in place to ensure they are stsying safe, whether il's when they are out walking alone or out socialising with friends. The young girls who participated in this very positive programme developed many skills, while also enhancing their knowledge about self- defenee and self-awareness and how lo become more vigilant and aware within their communities. Girls keep ffj. fit, Stay safe rlas5es. Detached Youth Work Service Our very popular detached youth work service continued lo be very effective and successful throughout the year, with our teams engaging up lo 200 young people throughout one session. Through our detached youth work approach. we were able lo engage with young people in their own environment rather than a formal setting. This service involved building relationships on the streets. bridges. parks and other places where young people are known to gather. Our goal throughout the year was lo connect with them, understand their needs, provide support and often address issues like social inclusion. education, or personal development in a mts informal and accessible manner. Children in Need- Youth Development Officer This was an extremely busy but influential year for our Youth Development Officerl The youth development officer throughout the year oversaw all of our programmes, mentoring support sessions as well as overseen our detsched youth work service. Throughout the year the Youth Development Officer supported a large number of young people with gaining employment. through CV writing, filling out appliealion fomis and prepping and preparing for interviews. The youth development officer engaged with young people lo support their personal, social and educakn.onal development. Throughout the year. they planned and organised activities, offered guidance, addressed challenges and created a positive environment for the children and young people to grow and thrive. The youth development officer continued lo attend meetings. sub groups and conferences lo build Tapport with other agencies lo ensure the staff team was conbnuing to deliver an effective serviee and lo assess the evolving needs of the young people. They continued lo engage with young people who were isolated and Created positive opportunities for them lo participate in to gain life skills. On a regular basis the youth development officer received relerrals from a range of agencies and schools to support young people who were deemed al risk of entering the criminal justice system and or misusing alcohol and drugs. This was supported through our 1-1 menloiing programme. The afterschool's project was also devised and facilitated by our youth development officer, these sessions operated on a weekly basis and provided a wami, safe place for young people lo come along avail of homework or school Support. ddywp A huge thank you lo all our valued funders, partners and supporters for your help and support throughout the year. No matter how big or small, your support and funds help us make a real differen* in the lives of the children and young people and the experiences we can offer them. We provide a safe and brave space for children and young people lo feel accepted. explore and Challenge the things that may hold them back. Your commitrnent and generosity have played a pivotal role in our youth work delivery, and we are thrilled to share the positive impact il has had on our organisalion. Afterschools cLub Q Tuesday & Wednesday5 3:30pm-5pm @ Mount Zlo For 47g 13-16 ""Homework support • Hot chocolates Snack5 ,/ Dkl knrrrLOr
Drumgor Detached Youth Work Project TRUSTEES, REPORT for the financial year ended 31 March 2023 Financlal R9view The results for the financial year are sel out on page 8 and additional notes are provided showing income and expenditure in greater detail. Results and Dividends Al the end of the financial year the charity has assets of £58.619 {2022 £26,632> and liabilities of £11,766 (2022 - £11,042). The nel assets of the charity have increased by £31,263120221£2.02711. Reserves Position and Policy ReseNes Policy The charity's policy is lo achieve a level of resources which matches the needs of the organisation both al the current time and in the foreseeable future. The free resetves required should be sufficient to cover al least SK months running costs. The trustees feel that these levels of reserves are essential lo enable the charity lo continue lo provide its activities for the foreseeable future. the Teserves policy is an integral part of the charity's planning, budget and forecasts. Compliance wlth Se¢tor-Wlde Legislation and Standards The charity engages pro-actively with legislation, standards and codes which are developed for the sector. Drumgor Detached Youth Work Project subscribes to and is compliant with the following.. The Charities SORP {FRS 1021 Public Beneflt DDYINP will provide a Detached Youth Work provision lo young people aged 10-18yrs in the Brownlow area. This provision will offer pro active and reacbve support service to the marginalised or'al risk, young people and to try lo re- integrate these young people back into their eommunilies. The Direct Benefit of this is the young people talk and inleracl with the Detached Team and are involved from the start. ensuring that any pro active or reactive provision is in response to the issues that the young people have. Staff complete nightly reports and attend regular team meetings. lo help highlight and plan interventions in relation lo the issues that the young people have identrfied. Private Benefit lo Trustees is the opportunity for family members to engage with the Detached Provision. this is inadental. DDYWP provid85 social and personal development programme$, classes. workshops, events ete. lo young people aged 10 18yrs from the Brownlow Area. The Direct Benefit of this is the educational engagement with the beneficiaries increasing and improving their knowledge and skill base lo make better life choiees. This will be monitored with pre and post baselines and evaluated on an ongoing basis. The Private Benefit lo TTUStees Is the ability to refer family members to these needs led programme$. DDYWP also liaise and engage with Stakeholders within the Brownlow Area. The Direct Benefit of this is lo increase the capacity and willingness, within the lo1 community. lo support the Ioc81 young people. Giving everyone a sense of belonging and promote the participation of young people within their community. The Private Benefit lo Trustees IS the opportunity to identify and highlight areas for engagement within the local area, as all Twstees side andlor have a personal intero51 within the Brownlow Area. DDIWP works strategically to influence policy and piactice within the local area. DDYVVP staff and young people attend and are members of a number of foTumslgroups and work in partnership with number of statutory. community and voluntary groups. The Direct Benefit is ensuring that the young people have their voice heard al all levels inclusive of Slalutory. Community and Voluntary. Working together, lo help improve the services and provisions available lo young people. giving young people a sense of citizenship and help lo enhance community development.
Drumgor Detached Youth Work Project TRUSTEES. REPORT for the financi81 year ended 31 March 2023 The Private Benefit to TnJ5tees is the opportunities lo self- refer themselves or family members lo partners and agencies Approved by the Board of Trustees on 231d January 2024 and signed on Its behalf by: Barry Mccrory Trustee Donal O'Hagan Trustee Barry Mccrory D O'Hagan
Drumgor Detached Youth Work Project STATEMENT OF TRUSTEES. RESPONSIBILITIES for the financi81 year ended 31 March 2023 The trustees are responsible ft)r preparing the financial statements in accordance with applicable law and regulations. The law applicable to charities in Northem Ireland requires the trustees to prepare financial slalemenls for each financial year which give a true and fail view of the assets, liabilities and financi81 position of the charity as al the financial year end date and of the SUTplus or defi¢it of the charity and otherwise comply with the Charities A¢t (Northern Ireland) 2008. In preparing these financial slalemenls. the Iruslees are requlred lo- select suitable accounting policies and apply them consislenlly., obseNe the methods and principles in the Charities SORP make judgements and estimates Ihal are reasonable and prudent.. slate whether the financial statements have been prepared in accordance wtlh the relevant financial reportrng framework. identify those slandards, and note the effect and the reasons for any material departure from those standards., and prepare the financial slalements on the going concem basis unless it is inappropriate lo presume that the charity wlll continue in operalion. The truslees confirm that they have complied wlth the above requirements in preparing the financial slalemenls. As explalrted in note 3, slate whether the 8ppllcable in the UK and Republic of Ireland FRS 102 has been lollowed.. The trustees S responsible for keeping adequate accounting records that are suffieienl to sh¢w and explain the chaTily's transactions and disclose wilh ieasonable accuracy al any lirTte the financial position of the charity and enable them lo ensure that the financial slalements comply with th8 Charilies Act (Northern Ireland) 2008. They are also responsible for safeguarding the assets of the charlty and hence for taking reasonable steps for the prevention and detection of fraud and other Irregularities. Approved by the Board of Trustees on 231d January 2024 and slgned on Its behalf by: Barry Mccrory Trustee Donal O'Hagan Trustee Barry Mccrory 10
Drumgor Detached Youth Work Project INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF DRUMGOR DETACHED YOUTH WORK PROJECT We have examined the financial ststements of the charity for the financial year ended 31 March 2023. which comprise the Slalemenl of Financial Aclivilies, the Balance Sheet and the related notes. Respective responsibilities of trustees and examiner The eharity's Iruslees are responsible for the preparation of the financial ststemenls in accordance with the requirements of the Charities Act {Northern Ireland} 2008. The charity's Iruslees consider that an audit is not required for this financial year under the Charities Act {Northern Ireland) 2008 and that an independent examination is required. 11 is our responsibility to.. examine the financial slalemenls under section 65 of the Charities Act.. follow the procedures laid down by the general Directions given by the Charity Commission for Northern Ireland under section 65191{bl of the Charities Act". and state whether particular matters have come to our attention. Basis ot independent examiners report We have examined your charity financial statements a$ required under section 65 of the Charities Act and our examination was cariied out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 6519llbl of the Charities Act. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. 11 also includes consideration of any unusual items or disclosures in the financial slalements and seeking explanations from the trustees concerning any such matters. The prOdureS undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fairf view and the report is limited lo those matters set out in the statement below. In connection with our examination. no matter has eome to our attention which gives us cause lo believe that in, any material respect.. accounting records were not kept in accordan with section 63 of the Charities Act the financial slalemenls do not accord with those aeeounling records the financial statements have not been prepared in accordance with the Slalement of Recommended Practice applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 there is further infonnalion needed for a proper understanding of the accounts lo be reached. Independent examlner's statement no concerns e drawn in t ave come across no other matters in connection with the examination to which attention rt in order to enable a proper understsnding of the financial statements lo be reached. srep .PARK & COMPANY LTD red Accounknts arnegie Street Amagh BT66 6AS Northern Ireland Date.. 23rd January 2024 11
Drumgor Detached Youth Work Project STATEMENT OF FINANCIAL ACTIVITIES for the financial year ended 31 March 2023 Unrestricted Restrlcted Funds Funds 2023 2023 Totsl Unrestricted Reslricled Funds Funds 2022 2022 Total 2023 2022 Notes Income Donations and legacies Other trading activities Investments 17.418 30 98.241 115,659 30 14,613 42,059 56,672 660 17 4.2 17 ToLIl income 17,448 98.241 115.689 15,290 42,059 57,349 Expendlture Charitable activities 512 83,914 84A26 9.881 49.495 59,376 Net incomel(exp9nditure) Transfers beeen funds 16,936 14.327 31.263 5.409 17.4361 {2,0271 Net movement in funds for the financial year 16,936 14.327 31,263 5.409 17.4361 12,0271 Reconciliation of funds BalanS brought forward as previousty stated 9.500 6,090 15,590 4,091 13,526 17,617 13 Prior Year Adjustment 6.090 {6,0901 Balances carried fonvard at 31 March 2023 32.526 14.327 46,853 9.500 6,090 15,590 The Statement of Financial Activities includes all gains and losses recognised in the financial year. All income and expenditure relate lo continuing activities. The notes on pages 14 to 20 form part oflhe financial Statements 12
Drumgor Detached Youth Work Project BALANCE SHEET as at 31 March 2023 2023 Restated 21y22 Notes CurrentAssets Debtors Cash at bank and in hand 1,432 57,187 721 25.911 58,619 26.632 Creditors: Amounts falling duewithin one year 10 {11,7661 (11,042) Net CurrentAssets 46,853 15,590 Total Assets less Current Liabilities 46,853 15,590 Funds Reslricled trust funds General fvnd (unreslrictedl 14,327 32,526 15.590 Total funds 13 46,853 15,590 Approved by the Board of Trustees and authorised for Issue on 23rd January 2024 and signed on Its behalf by Barry Mocrory Trustee Donal O'Hagan Trustee Barry Mccrory D O'Hagan The notes on pages 14 to 20 forrn part ol the financial statements 13
Drumgor Detached Youth Work Project NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2023 GENERAL INFORMATION Drumgor Detached Youth Work Project is a charity incorporated in Northern Ireland. The registered Offi of the charity is Unil 20, CIDO Business Complex, Charles Stet, Lurgan. Co. Amiagh, BT66 6HG, Northern Ireland which is also the principal place of business of the charity. The financial slalemenls have been presentsd in Pound Sterling 1£) which is also the fvnclional currency of the charity. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the chaiity's financial slatemenls. Basls of preparation The financial statements have been prepared under the historical cost convention. modified lo inelude certain items al fair value. The financial statements have been prepared in accordance with the Slalemenl of Recommended Praelice ISORPI "Accounting and Reporting by Charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102" As pemiitted by the Companies Act 2006. the charity has varied the standard formats in that act for the ststemenl of Financial Activities and the Balance Sheet. Departures from the standard fomats are lo comply with the requirements of the Charities SORP and are in complianee with section 4.7. 70.6 and 15.2 of that SORP. Statement of compliance The financial slalemenls of the charity for the financial year ended 31 December 2017 have been prepared on the going concern basis and in aecordance with the Slalemenl of Recommended Practice (SORP) "Accounting and Reporting by Charities preparing their aountS in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102" Fund accounting The following are the categories of funds maintained.. Restrictgd funds Reslricled funds represent income received which can only be used for particular purposes. as specified by the donors. Such purposes are within the overall objectives of the charity. Unrestricted funds Unreslricled funds wnsisl of General and Designated fvnds. - General funds represent amounts whi¢h are expendable at the discretion of the board. in furtherance of the objectives of the charity. Designated funds comprise unreslricled funds that the board has, al its discretion. set aside for particular purposes. These designations have an adminislralivo purpose only, and do not legally restrict the board's diserelion to apply the fund. 14
Drumgor Detached Youth Work Project NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 March 2023 Income Income is recognised by inclusion in the Statement of Financial Activities only when the charity is legally entitled to the income, performan conditions attached lo the itemlsl of income have been mel, the amounts involved can be measured with sufficient reliability and il is probable that the income will be received by the Income from charitable activitles Income from charitable aelivilies inciude income earned from the supply of services under conlraelual arrangements and from perf0rrnan related grants which have conditions that specfy the provision of parti¢ular seNices to be provided by the charity. Income from government and other co-funders is recognised when the charity is legally entitled lo the income because it is fulfilling the eondilions contained in the related funding agreements. Where a grant is reiVed in advan, its recognition is deferred and included in creditors. Vvhere entillemenl occurs before income is received, il is accrued in debtors. Grants from govemmenls and other ¢o-funders typically include one of the following types of condth'ons.. Perfomance based conditions.. whereby the charity is conlraclually entitled to funding only to the extent that the core objectives of the grant agreement are achieved. Where the charity is meeting the core objectives of grant agreement, it recognises the related expenditure, lo the extent that il is reimbursable by the donor. as income. -Time based conditions= whereby the charity is contractually entitled lo fvnding on the condition that tt is Ltlilised in a particular period. In these cases the charity reeognises the ineome lo the extent it is utilised within the period specified in the agreement. In the absence of sueh conditions, assuming that receipt is probable and the amount can be reliably measured, grant income is recognised once the charity is notified of enlillement. Grants received towards capital expenditure are credited to the Statement of Fin8n¢ial Acliwties when received or receivable, whichever is earlier. Expendlture Expenditure is analysed between costs of charitable activities and raising fvnds. The costs of each activity are separately aceumulaled and disclosed. and analysed according lo their major eomponents. Expenditure is recognised when a legal or conslruclive obligation exists as a result of a past event, a transfer of economie benefits is required in settlement and the amount of the obligation can be reliably measured. Support costs are those functions that assist the work of the charity bul eannol be attributed lo one activity. Such costs are allocated to activities in proportion lo stsff time spent or other suitable measure for each activity. Tanglble fixed assets and depreciation Tangible fixed assets are slated at cost or at valuation. less accumulated depreciation. The charge lo depreciation is calculated to write off the original cost or valuation of tangible fKed assets. less their estimated residual value. over their expected useful lives as follows.. Fixtures. ffttsngs and equipment 15% Straight line Debtors Debtors are COgniSed at the settlement amount due after any diseount offered. Prepayments are valued al the amount prepaid net of any trade discounts due. Income recognised by the charity frorn government agencies and other co-funders, but not yel received al ffnancial year end, is included in debtors. Cash at bank and in hand Cash al bank and in hand comprtses cash on deposit at bank5 requiring less than the months, noti of withdrawal. 15
Drumgor Detached Youth Work Project NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 March 2023 Taxation and deferred taxation No current or deferred laxalion arises as the charity has been granted charitable exemption. Irrecoverable valued added lax is expensed as incurred. Deferred lax is recognised in respect of all liming differences that have originated but not reversed al the balance sheet dale where transactions or events have oceurred al that date that will Tesull in an obligation to pay more lax in the future. or a right to pay less tax in the future. Timing differences are temporary differences betsveen the charity's tsxable profits and its SuIts as staled in the financial ststemenls. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated lo apply in the periods in which the timing dIfferenS are expected to reverse. based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date. GOING CONCERN The financial statements have been prepared on the going concern basis as the trustees believe that no material uncertainties exist. The Iruslees have considered the level of fvnds held and the expecied level of income and expenditure for 12 months from authorising these financial slalemenls. The budgeted income and expenditure is sufficient with the level of reserves for the charity lo be able lo continue as a going COnrn. INCOME DONATIONS AND LEGACIES Unrestricted Restrlcted Funds Funds 2023 Southem Health & Social Ca 15,189 15.189 30.951 21,723 8.399 14.613 30.451 8.615 BBC Children in Need 30,951 21.723 8.399 Education Authority Amagh. Banbridge& Craigavon District Council 1,500 Youth Action Nl Youth Justice Agency Community Restorative Justice Ireland 1,493 9.950 9.950 2.229 3.595 4.304 9,333 2,229 ClearPHA 3.595 4,304 9,333 Cocacola NIHE TAK500 TNL Community Fund 9,152 9.152 17.418 98,241 115,659 56.672 2 OTHER TRADING ACTIVITIES Unrestrlcted Restricted Funds Funds 2023 2022 Othertrading activitie$ 30 30 660 INVESTMENTS Unrestrlcted Restrfcted Funds Funds 2023 2022 Bank interest re¢eivod 17 16
Drumgor Detached Youth Work Project NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 Mareh 2023 EXPENDITURE Direct Other Support 2023 2022 CHARITABLE ACTIVITIES Costs Costs Costs Expenditure on charitable activities Governance Costs (Note 5.2) 78.473 5,953 84,426 57.961 1.415 78,473 5,953 84,426 59.376 GOVERNANCE COSTS Support Costs 2023 2022 InsuTan 2,149 414 2,149 414 Telephone Legal & professional Aceounlancy Bank charges Subscriptions 785 785 1,472 416 717 1,472 416 717 1,244 171 5,953 5,953 1.415 INVESTMENT AND OTHER INCOME 2023 2022 Bank interest 17 EMPLOYEESAND REMUNERATION Number of employees The average number of persons employed (including executive trusleesl during the financial year was as follows.. 2023 Number 2022 Number Employees 10 The staff costs comprise: 2023 2022 Wages and salaries 51,238 33,704 17
Drumgor Detached Youth Work Project NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 March 2023 TANGIBLE FIXED ASSETS Fixtures. fittings and equipment Total Cost Al 31 March 2023 2S.089 25,089 Depreciation At 31 March 2023 25,089 25,089 Net book value Al 31 March 2023 18
Drumgor Detached Youth Work Project NOTES TO THE FINANCIAL STATEMENTS eontinued for the financial year ended 31 March 2023 DEBTORS 2023 2022 Prepayments and accrued income 1.432 721 10. CREDITORS Amounts falling due wlthin one year 2023 2022 Taxation and social security costs (Note 721 Accruals and deferred income 5.776 5.990 6,794 4.248 11.766 11.042 11. TAXATION AND SOCIAL SECURITY 2023 2022 Creditors.. PAYE I NI 5,776 6.794 12. RESERVES 2023 2022 At 1 April 2022 Sutplus/lDeficill for the financial year 15.590 31,263 17.617 (2.0271 At 31 March 2023 46.853 15.590 13. FUNDS 13.1 RECONCILIATION OF MOVEMENT IN FUNDS (restated Unrestricted Restricted Funds Funds Total Funds Al 1 April 2021 Movement during the financial year 4,091 11,499 13,526 113.5261 17.617 (2,0271 Al 31 Mareh 2022 Movement during the financial year 15.590 16,936 15,590 31,263 14,327 At 31 March 2023 32.526 14.327 46.853 19
Drumgor Detached Youth Work Project NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 March 2023 13.2 ANALYSIS OF MOVEMENTS ON FUNDS Reststed Balance 1 April 2022 Income Expenditure Transfers between funds Balance 31 March 2023 Restricted funds BBC Children in Need Youth Justice Agency Education Authority Amiagh City. Banbridge & Craigavon Borough Council TNL Community Fund Clear PHA Coca Cola NIHE TAK500 30.951 9.950 21,723 8.399 30.951 9.950 21.723 8,399 9.152 3.S95 4,304 9.333 834 2,288 3,59S 2,342 6,864 1,SE2 4.667 834 98.241 83.914 14,327 Unrestricted funds Unrestricted General 15,590 17.448 512 32.526 Total funds 15.590 115.689 84,426 46,853 13.2 ANALYSIS OF NET ASSETS BY FUND Current Assets Current Liabilities Total Reslricled funds Unrestricted funds 14,327 44.292 14.327 32,526 111,7661 58,619 {11,766) 46,853 PRIOR YEAR ADJUSTMENT3803 20 During the preparation of the financial statements, the Trustees became aware that an amount of £6.090 relating to salary costs had been mis8llocaled against general unrestricted reserves instead of against reslricled funds. Given the maleTial nature and impact upon the financial statements. the Trustees decided lo coirect this by way of a prior year adjustment. As a result the comparative figures in these financial statements and the opening reserves have been reslaled. 14. POST-BALANCE SHEET EVENTS The have been no significant events affecting the Charity since the financial yearend. 15. INDEPENDENT EXAMINERS REMUNERATION The independent examiners remuneration amounts lo an independent examination fee of £1,080 {2022 £1.0801. No other monies have been paid to Daly Park & Company Ltd. 16. TRUSTEE REMUNERATION The tru51ees did not CeIve nor did they waive any remuneration during the current financial year. 12022 £nill. 20