Greater Ballyclare Youth For Christ
Statement of Financial Activities
(incorporating the Income and Expenditure Account)
for the year ended 31 March 2024
2024
Total
2023
Total
Restricted Unrestricted
Notes
Incoming Resources
Donations
Grants
Youth contributions
Interest Receivable
Fundraisina
other income
Total Income
17,428
3,279
42,892
11,000
1,933
1,046
60,320
14,279
1,933
1,046
65.631
82,105
1,255
470
1,383
391
151.235
20.707
56,871
77,578
Resources Expended
Cost of Activities in furtherance of the charities activities
Drop-in centre running costs
Staff costs
Programme costs
Miscellaneous costs
Travel expenses
Tuck Shop Expenses
Repayment of EA underspend
Total Expenditure
2,150
17,428
1.129
12,954
50,677
8,734
6,480
920
15,104
68,105
9,863
6,480
920
16,712
97,480
11,468
6,372
1,226
144
100 472
153 509
Net (Expenditure) / Income for the Year
Transfers between funds
Net Income before other recognised
gains or losses
(22.894)
(22,894)
(2,274)
Net movement in Funds
(22,894)
(22,894)
{2,274)
Reconciliation of Funds
Fund Balances Brought Forward
94,648
94,648
96,922
Fund Balances Carried Forward
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure
derive from continuing activities.
The notes on pages 10 to 12 form part of these flnanclal statements.

Greater Ballyclare Youth For Christ
Balance Sheet
as at 31 March 2024
Notes
2024
2023
Flxed assets
Tangible fixed assets
Current assets
Short term deposits
Cash at bank and In hand
Debtors
42,871
31,939
169
74,979
61,876
32,772
94,648
Liabilities
Creditors: Amounts falling due within one year
3,225
Net Current Assets
71,754
94,648
Total Assets Less Current Liabilities
71,754
94,648
Net Assets
Funds
Restricted Funds
Unrestrirted Funds
Total Funds
For the year ending 31 March 2024 the company was entitled to exemption from audit under
section 477 of the Companies Act 2006 relating to small companies.
Trustees, responsibilities:
The members have not requlred the company to obtain an audlt of Its accounts for
the year in question in accordance with 5ettion 476 of the Companies Act. and
The trustees acknowledge their responsibilities for complying with the requirements
of the Art wlth respect to accounting record5 and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the
small companies. regime.
These financial statements were approved by the board of trustees of Greater Ballyclare Youth for Christ
and a￿ slgned on their behalf by:
3/é/24
Trustee
Date
The notes on pages 10 to 12 form an integral part of these financial statements.
Page 8

Greater Ballyclare Youth For Christ
Notes to the Financial Statements
for the year ended 31 March 2024
Accounting Policies
a) Basis of Preparation
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the 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 (FRS 102) (Charities
SORP (FRS 102)) and the Companies Act 2006.
Greater Ballyclare Youth For Christ meets the definition of a public benefit entity under FRS 102.
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise
stated in the relevant accounting policy notes.
b) Preparation of the accounts on a going concern basis
Greater Ballyclare Youth For Christ has prepared the accounts on a going concern basis. The charity
hold5 sufficient reserves with strong continued support by the members.
c) Income
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity; it is probable that the economic benefits associated with the transattion
will flow to the charity and the amount can be reliably measured. The following specific policies
are applied to particular categories of income:
income from donations or grants is recognised when there is eviden￿ of entitlement to the
gift, receipt is probable and its amount can be measured reliably.
•Donated services and facilities - in accordance with the Charities SORP (FRS 102), the general
volunteer time of the Charity s volunteers is not recognised financially in the Statement of Financial
Activities.
•Interest re￿1vable - interest on funds held on deposit Is included when re￿Ived.
d) Expenditure
Expenditure is recognised on an accruals basis as a Ilability Is Incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of
financial activities to which it relates. All costs are allocated to expenditure categories reflecting the
nature of the expenditure.
e) Fund Accounting
Unrestricted funds are available for use at the discretion of the trustees
in fijrtherance of the objectives of the charity.
Restritted funds are subjected to restrittions on their expenditure imposed by the donor or through
the terms of the appeal.

Greater Ballyclare Youth For Christ
Notes to the Financial Statements
for the year ended 31 March 2024
Accounting Policies ctd...
f) Tangible fixed assets and depreciation
Greater Ballyclare has no fixed assets.
g) Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of
three months or les5 from the date of acquisition or opening of the deposit or similar account.
h) Taxation
Greater Ballyclare Youth for Christ is a registered charity and the charitable tax exemptions are therefore being
claimed to the extent that income andlor gains are applicable and applied to charitable purposes only. These
exemptions will remain in place as long as income and expenditure is applied to charitable purposes only.
i) Critical accounting estimates and judgements
In the application of the Charity's accounting policies, the Trustees are required to make judgements, estimates
and assumptions about the carrying amount of assets and liabilities that are not readlly apparent from other
sources. The estimates and associated experience and other factor5 that are considered to be relevant. Actual
results may differ from these assumptions are based on historical estimates.
j) Correction of prior period error
In the financial statements for the year ended 31st March 2023, an accrual was included on the balance sheet for
£2,000, the expenditure relating to this accrual was not included in the statement of financial attivities for that
year. The accrual related to a provision for the repayment of an EA grant. which was paid out in the year ended
31 March 2024 for a lower amount. As such. the comparative amount for 2023 accruals in the financial
statements for year ended 31 March 2024 ha5 been adjusted to nil, and no adjustment to this years statement of
financial activities has been made.

Greater Ballyclare Youth For Christ
Notes to the Financial Statements
for the year ended 31 March 2024
Restrirted
Unrestricted
Total
Total 2022
Note I
Donations
Donations from individuals
Donations from churches
Donations from schools
Gift aid
Staff support
20,067
15,038
150
7,637
20,067
15,038
150
7,637
23,930
13,928
50
8,514
Note 2
Grants
Educatlon Authority
Ardbarron Trust
Spark
3,279
3,279
11,000
69,738
11,000
11,000
Note 3
Staff costs
The average head count of staff employed by the charity in the year was 6 (2023: 7). This is analysed
between full-time and part-time staff below..
2024
2023
Full-time staff..
Part-time staff:
No employees received employee benefits of more than £60,000 in this finanical year (2023: None)
Note 4
Related parties
During the year trustees have not been paid any remuneration or received any other benefits from an
employment wth the charity (2023: Nil)
The total amount of donations recieved from trustees without conditions in the year wa5 £5,376
Note 5
Analysls of funds
Unrestricted funds
At l April
2023
At 31 Morch
2024
Income
Expenditure
General funds
765
Restricted funds
Education Authorlty
Staff sUPPOrt
3,279
(3,279)