REGISTERED COMPANY NUMBII R: N1049989 (Nortllei'n Ii'elxnd} REGISTEREI D CHARITY NUMBER: 103155 Report of the Ti'ustees and FinAncial StAtements foi. the Year Elided 31 March 2023 for CArrlckfergus Youiig Mens ChYisti%n Assoelatffion (A Company Llmlted by GuAr*iitee) Mcllveen Hoivai'd Limited Statuloiy Audiloi's Chai'lei'ed Accounlanls 169a Upper NeW(ownards Road Belfast BT4 3HZ
Carrickfei'gus Young Mens Christian AssociAtion Contents of the FinAneial Statements for the year ended 31 MAI'ch 2023 Page Reference onil AdministrAtive Detalls Report of the Trustees 2 to 10 Report of the Independent Auditoi's Statement of Financi#l Activities 14 BAlance Sheet Cash Flow Statement 16 Notes to the Cish Floiv StAtement 17 Notes to the Fln&nclal Statements 18 to 26 Detailed Statement of FinnnciAI Activlties 27 to 28
Carricl<fergiis Youiig Meiis Christian Assoclation Referen¢¢ and Administrative Details for tlie year eDde(131 Marcli 2023 TRUSTEES Mi. S Aines Mi. J T Clai'ke (I'esigned 2716123) Mi. R Conoi. Mi. S Ciowe Ms H Dunn (I'esighed 2415123) Mi. R A Moffell Ms J Pattei'son Mi. A MacQuairie Mi's W Gi'ay (appointed 9110123) Mi. A Hanley (appointed 9110123) COMPANY SECRETARY Ms K E Gi'aham REGISTEREI D OFFICE PO Box BT38 8AT 30-34 Irish Quaiter West Cai'rickfergus Co Anti'im BT38 8AT REGISTERED COMPANY NUMBII N1049989 (Noi'ihem Ireland) REGISTERED CHARITY NUMBER 103155 AUDITORS Mcllveen Howai'd Limited Sialutoiy Audiloi's Cliai'lei'ed Accountants 169a Upper Newtownai'ds Road Belfast BT4 3HZ BANKERS Danske Bank Belfast Business Cenli'e P.0. Box 183 Donegal Squai'e Wesl Belfast BTI 6,IS SOLICITORS James J Maeauley 2 Noiih Sti'eel Cai'i'ickfergus Co Antrim BT38 7AQ P4?ge I
Cai'j'iekfei'gus Young Mens ChristiAIi Assoeia¢io Report of the Ti'iistees foi. the yeAI' ended 31 Mai'eh 2023 The Trustees,, Ivho al'e also the direelois, foi. the purposes of conipany lam,. present Iheii. I'eport and the audited financial slalemenls of the compaiiy foi. the yeai. ended 31 Mai'ch 2023. P£18e 2
CArrielifei'gus Youiig Melis Clii'istiAIi Assoeialion Report of the Ti'u$tee5 foi. the yeAr ended 31 March 2023 OBJECTIVES AND ACTIVITIES The Objeets of the Assoeiattoii al'e: To provide or assist in tlie PlDvision of education, foi. people of all ages aiid in pai'liculai. young people, with the object of developing theii. physical, mental and spii'iliial capacities. To promote l)ealihy living including emotional, mental and 5PiI-itual well-being thiough the piDvision of infomiation, education and activities. To piomole community engagement and citizenship, foi. young people, theii. families and othei. adults foi. the puty)se of family suppoit, comniiinity I'elalioris and active citizenship. To relieve oi. a5sis1 in Ihe I'elief of need experienced by people of all ages and in pailiculai- young people, who al'e in Conditions of hai'dsliip oi. distress by reason of theii. social, physical, eniotional, spii'ilual oi. econon)ic ciiriimstances. Mission of Cxrrickfergus YMCA To put Christian pi'inciples ii)lo pi'aclice thi'ougli prograinmes that build a healil)y spii'il, mind and body foi. all. Cai'rickfeigiis YMCA wants lo piDvide suppoit and development oppoitunilies foi. young people and Iheii. families aciY)s5 Caii'ickfeigus, as well as Ouli'each aciDss Mid and East Anlrim. We want the YMCA to be a place of hope, a place of safety, a place of leai'ning, a place of ti-usl, a place of suppoit, a place of acceptance, a place of diveisily, a place of challenge, and a place of oppoitunity foi. childi'en, young people and families. Cai'i'ickfei'gus YMCA ivill embed co-production as we listen lo and respond to the needs of childi'en, young people and We want the local comniunity to value the woi-k of Ihe YMCA and that the YMCA will be a place whei'e they can find opportunities lo sl)ai'e theii. liine, I'e50LlI'ees and passioi) foi- building an incliisive comniunity where all can belong, conli'ibule and Ihi'ive. Vision of CArrickfergus YMCA We believe that all young people deseiwe lo haiie a safe place to live and the opportunity to IEach theii. full potential. Our vision is of ali inclusive Chi'istian Movement. Iransfoi'niing comniunilies so that all young people Ii'uly belong, conli'ibule and Ihi-ive. VAlues of Carrickfergus YMCA BELONG, Ive believe in creating an inclusive, fuii and welcoming environinent that encoui?ges a sense of belonging. We al'e ci)mimitted lo celebi?ling oui. divei'sity, building sliong relationships and Ii'eating cach other 14iiih Compassion and I'especl. CONTRIBUTE, we I'ecogiiise the conli'ibulions of all, ai)d value theii. opinions. We air committed to being an OIEanisalion built on INSI, honesty and openness. THRIVE, we know out- success comes from the passion, skills and dedication of oui. staff and volunleei'5 11,hich is why we slriiie lo nurture and einpowei- Iheni lo grow and achieve. These values are achieved Ihrougli activities which promote youth developinent, healthy living and commuiiity engagement. Page 3
C8rriekfergus Youiig Mells CliristiAIi AssociAtion Repoi't of the Ti'ustee5 for the year ended 31 Mai'ch 2023 OBJEI CTIVES AND ACTIVITIES Achlevements and performance In Api'il 2022 Ihei'e ivei'e six main PlDgi'amme ai'eas providing the deliveiy mechanism foi. our woi'k.. Youth Club. Youth Engagement Seivice, Parents and Kids Together (PAKT), Oulreach Teani, W¢lcome Centre and Independent Living Piogj'amme. Our main pi'emises in Carrickfeigus provided operalioi)al aiid/oi' progtsmme space for a numbei. of organisalions and community gioups on 3 daily and Mieekl), basis. Si. Nicholas Nurseiy and the Child and Adolescent Mental Health Sei'vice (CAMHS) liave conlii)ued to use the pi'emises Ivith occasional Ix)om bookings fiDin othei. oiganisations such as Action Mental Heic Ill) Thiough the deliveiy of 92,873 contact hours, woi'king in the areas of infoimal education: health promotion and community engagement, we provided opporlunilies for and engaged witli 1386 indiiiiduals ovei. the yea¥. A fuithei. additioi)al 7964 young people engaged thiough Ouli'each in local coniniunilies and local s¢hools aci'oss Mid and East Antrim. The Youth Club continued iviih ils pi'ovision of 48 i¥eeks per annuni. 27 hours of face lo face youth woi'k ivas delivei'ed ovei. 5 evenings weekly. The Youth Cliib piovided pei'sonal and social d¢velopment oppoilunities for young people aged 8-18 in our pi'einises in Irish Quai'tei. Wesl, Cai-l'ickfeigus. Youth Club oul¢omes were linked i¥iili those viihin the EdLicalion Auihoi'ity and sought lo dcvelop thinking life and ivoi'k skills, enhance peisonal capabilities, impiDve health and well-being, develop positive i'elalionships with others, independence, increased pai'licipalion. Funded by Ilie Public Health Agency ivho idenlitied i55ues young people faced when a¢cessing appiopi'iate health seivices, the Youth Eiigagem¢nl Seivice pi-ovided a Sate space foi. young people aci'oss East Attli'im, aged 11-25, 10 gain access to appiopi'iale infoi'm81ion: suppoit and I'eferral on a l'ange of Iiealih related issues. Woi'king in I'esponse lo tlie needs of childreii and their faniilies aci'oss Cai'rickfergus, Parents And Kids Together (PAKTI delivei'ed a i?nge of aftei'noon activity clubs foi. childi'en aged 6-12: as i¥ell as training and faintly activities toi. (he whole fainily unit. PAKT sought to help children develop positive Irlationships with othe13, show impiovemenls in emotional and physical wellbeing. The Righ¢ to food 365 campaign with Childi'en in Noithem Ii'eland (CINI) developed with National lolleiy funding secui'ed in Seplembei. 2021. The Get Active piojecl worked to tackle inequalities aiDund food poveity through provision of food, cookery piDgiHmnies and youth advocacy woi'k. The Ouli'each Team ivas fui)ded by Ihe Education Authority and Police and Community Safety Partnei'ship (PCSP) through the Tacklii)g Pai'aniililarism Project, local pioject fijnding and Youth Divei'sionaiy aiid Inleivenlioti Programme. These projects woi'ked logeihei. a¢ioss Mid and FAst Anlrim Boiough Council; with young people at i'isk of involvement in anti-social behavioui. and I'isk taking activities. The Oiili'each Team engaged yoiing people aged 11-25 thiDugh the mediuni of detached YOLIII) iyoi'k, schools drop in, inforinal edlication, as ivell as one to one suppoi'l. The funding loi. the di'ug and alcohol Ii'aining was ceased at Il)e end of July, reducii)g Il)e Ouli'each Team by one full liine Inembei. of staff. The Indepeiident Living Piogi'amme was establisl)¢d and developed in 2021 using the I'esidential acconimodalion on Ii'ish Quailer Wesl lo house and offer independent living suppoit lo iiiiaccoinpanied minois foi. the Noithem Health and Social Cal'e Ti'ust continiied througl)oul the year. At the begiiining of 2023 ive pui'chased a second piopeity iviih a iew to using it as part of this programme. Identifying the significant local need of a population of asylum seekers, Iioused in a local l)otel in Cai'l'ickfeigus: the YMCA started a Welcome Cenlit lo provide weekly social and recitation space, English classes, cloihing, addiliotial food and oppoitunities lo e.xplore Norihein li'eland. Run pi'imarily by volunteers this project received no specific funding t"oi' the ivork. Page 4
CAri'tckfeYgus Youiig Mens Christifin Association Report of the Trustees for tlie year ended 31 MArtli 2023 OBJECTIVES AND ACTIVITILI S Recruilment of staff has continued lo be challenging in this yeai. due to IEgional workforce issues. Theit ivere I l fvll lime staff, 8 pai't time woi'keis and 6 sessional youth woi'kei's: as well a5 3 Job Stait kY>sls which rail until July 2022. The volunteer team remained steady with 45 cui'i'enl volunteeis by the end of March 2023. Page 5
CArriekfergus Young Mens Christian Association Rei)ort of the Trustees for tlie year ejided 31 March 2023 OBJECTIVES AND ACTIVITllI S Piibllc benefit Cai'i'ickfergus YMCA meets the public benefit requii'emenls as outlined in the Chai'ity Commission for Noiihei'n Ireland guidance. It is a Chi'islian oi'ganisation aiid while the advancement of I'eligion 15 not an expressed pui'pose, all pUoseS al'e an e.¥PlEssion of Cl)I'islian principles Ihi'oiigh 'so¢ial action,. The YMCA offei's a compi'ehensive I'ange of opw)rtunities lo its beneficiai'ies and Ineets Ilie public benefit I'equiremenl as follows: rovide oi. assist in the PURPOSE I- To _ rovision of education. Tl)e dii'ect benefits whicli flow fi'oii) this pui-pose include improved educational attainment and social inclLision through 'ii)formal' educatioii. As a result, Ilie physical, mental and spii'itual Capabilitie5, competencies, skills aiid u nderslanding ofihe bencficiai'ies ¢11'e impiDved. These bei)efit5 al'e lai)gible and can be demonsti?ted: foi. example: thiough suppoi'l foi. leaining developmental activities foi. cl)ildren, the gaining of Icadership skills: engagement in active learning in eai'ly yea[3, development of thiiiking skills, life skills, aiid employment skills. Tl)ese OLilcomes link dii'ecily ivith Yoiiih Club and PAKT provision but al'e evidenced in all aspects of the woi'k. Evidenced by Ilie feedback froij) participants. data collected on piDgi'ession and impact and independei)t evaluations. The beneficiaries al'e potentially any member of the public bul in paiticular children, young people and theii. families. RPO romole he I h alivin . The benefits that flow fiDm this purpose include the reduction of personal harm lo iiidividual participants, IEduction of I'isk tgking behaviour thiDugh impiDved peisonal knoivledge, health awai'eness and personal self-coi)fidence and control Ivhich I'esults in inipioved life choices. The benefits ale pi'imai'ily evident in impiDved health and wellbeing, I'educed risk taking activities and in the positive engageinei)t by young people in the )videi' ¢omniunity, school and recreational activities. This Ivoi'k is delivei'ed iii CatTickfeigus YMCA throug]) the Youth Engagement Seivice and Get Active but also in local schools, Ihi'ough detached youth pi'oiiision and one lo one suptx)rt by the Outirach Team. Paitners who see the da)'.to-day evidence of change in behavioui's include local schools, Education Auihoi'ity, MEA Council and Public Healil) Agency and ivell as the local PSNI. Evid¢nc¢ ot the change is recoi'ded Ihiough welli)ess web, outcome slai., praclilionei. and paiticipant feedback a5 well a5 interagency review. The beneficiaries air young people and Iheii. families. PURPOSE L To romole en om ement and cilizenshi Carrickfergus YMC.A I'ecognises Iliat young people do not live in isolation fi'om family, community and other institutions iii society Il)erefoi'e the benefits froin this puty)se consist of increased opportunities foi. volunleei-ing and active Citizenship, increased SUPTX)It foi. community aclivilies, impiDved community IElations and I'acial haimony and i'educe d seclai'ianism. PAKT woi'ks to ci'eate a sense ot community within the CatTickfei'gus ai'ea, pai'licularly in areas of disadvanlage. tl)rough ils family activities. The Oiilreach Team I'esponds to local antisocial behavioui., PlDviding delaclied youth ivoi'k with intei'vention and diversionary oppoirtunities. The Welcome Centre and Independent Living Piogi'amme encourages a seiise of ivelcome lo asylum scekei's, alloiving integi'alion into tlie local coininiinity- Eiieiy aspect of YMCA woi'k links with this puiyose H'ilh sliDng emphasis on volunteering IhiDii8houl the association. The tangible benefits al'e demon511.aled by inci'eased family and comniunity activity, increased dialogue a¢ro.8s commui)ily divides, the I'eci'uilment and Ii'aining of iiolunteeis as ivell as teedback fi'oin local stakeholders. Tl)e beneficiaries of this pui'pose al'e young people, familie5 ai)d local Community, pai'liculai'ly fi'om commiinities oi. gioups which have a hislory of division. PURPOSE 4- To I'elieve oi. assist in LE _ lief of need. The direct benefit secured by this puryx)se entails Ihe opening of nei¥ opportunities foi. iiidividua15 wlio liave had difficultsj in Ihe airas ol health oi. addiction, physical oi. educational disability, those at I'isk of criminal engagement oi. othei. soi15 of disadvantage. PAKT and the Ouli'each Teain projeet cleai'ly demonsli'ale puipose foul. thiough the tangible outcome5 Ivhieh include bettei. academic pei'foi'mance, impioved social activity, inci'eased employability and stable relationships. These outcomes lead lo improiied lite choices and skills of independent living and I'educed dependency o n otheis. Page 6
C4rriclcfergiis Young Mens Christiaii Association Report of the Ti'ustees for tlie yeAr eiided 31 Mai'ch 2023 OBJECTIVES AND ACTIVITIES The Welcome Centre and Independent Living Programme were developed in response to this purpose and the significant need of the asylum seeker population in Carrickfergus. While the Get Active programme responded dii'ectly to the need ai'ound food povety, with improved health and wellbeing outcomes demoi)straled. This purpose benefit5 members of tl)e public, usually individuals. referred to Carri¢kfergus YMCA, through the support and activities provided or liiiks witli other agencies. No harm arises froin any of the purposes and neither is there any private benefit which is more than incidental or necessary. STRATEGIC REPORT FinaneiAI review Results for 2002-2023 This year saw a sniall gi'owth in the company income and subsequent expenditure. The rise in cost of living expenses had ai) iinpact on tl)e YMCA witl) increased electricity, heating and insurance costs. There were no cash flow issues encountered during this year. In the year there was a siirplus of income compared to expenditure. shown in the Statement of financial adivities on page 14. This has been added to the i'eserves brought forward. We are committed to ensui'ing the work of the Association continues, recognising the importance of donations and assistance from our supporteis and sponsors to our future work. Principal fundiiig sources The Association has a number of funding soiirces for its work. The majority of financial support comes from outside agencieslorganisations that provide funding to specifi¢ projects and programmes or to fund specified staff. These include.. Education Authority, Northern Ireland Housiiig Executive {SPOD), Mid ai)d East Anti'im Borough Coui)cil. Noi'ihern Health and Social Care Trust, Children in Need, National Lottery, Public Health Agency as well a number of smaller grant5 fiom other grant making bodie5. Resei'ves policy The company has biiilt up sonie i'eserves over the years and the dii'eetors aim to have between three ai)d six months expenditure in unrestricted reserves at any point in time. Going concei'n At the time of approving the financial statemei)ts tl)e Ii'ustees have a I'easonable expectation that the charity has adequate resources to conlii)ue in operational existence for the foreseeable futui'e. T])erefore the trustees continue to adopt the going concern basis of accounting in prepai'ing the financial statements. Rislc Management The Board of Management condiict5 regular reviews of the majoi. risks to whicl) it will be exp05ed. Where appropriate, systeins or procedures have been established to mitigate the risks the organisation faces. Internal conti'ol risks are minimised by tlie iinplementation of procedui'es for authorisation of all transactions and projects. Proc¢diires are in place to ensure compliance with health and safety, safeguarding and finRncihl regulfttions, wlii¢h reduce the risk to staff, volunteers, young people, families and children in our cal'e as well as in the financial context as stated above. These procedures are pei'iodically reviewed to ensure tliey continue lo meet the needs of the organisation and relevant legislation. Page 7
Cai'i'lckfergus Young Mens Chrlstiaii Association Repoi't of tlie Trustees for the yeAr ended 31 March 2023 STRA TEGIC REPORT Plans for futui'e i)ei'iods Tl)e oi'ganisalion ivill continue to develop Ihe activities outlined above in the fortlicoining yeai. subject to s81istacloiy fui)ding ai'i'angemenls. Their is cui'rently significant uncei'lainly ai'ound fuluir funding fiTim the Education Auihoi'ity. Ai the end of the yeai. the YMCA aloi)g wilh many oihei. orgai)isalioiis iveir advised that funding could only be gliai'anleed foi. 2023124 on a ij)onth by month basis. We have been advised that a nuinber of our oihei. fiinding sli'eams foi. 2023124 may be I'edu¢ed and so the YMCA will have lo make contingency plans. Reduced giants and financial instability in the govei'nment and gi'ants. Polenlial ciils impac¢ sustainability therefore the pui'cha5c the oiir second propei'ty and expansion of the Indeper)dent Living Piogi'amme in 2023-24: will allow a better I'elui'n on iiivestmeiit ol'i'eseiiies while tulfilliiig the chai'ilable objectives outlined in its public benefits statetnenls. The Youth Engagement Seivice conli'act is due lo expii'e and the YMCA plans lo lender foi. any futtire conli?cls. The compai)y will deiielop links i¥ith other local and national orgai)isations and statutory bodies in order lo be best placed to look at both ils practice and sli'ategic dii'ection in regard to both youth woi'k and family ivork in the futui'e. STRUCTURE, GOVERNANCE AND MANAGEMENT Governiiig document The Association is a company limited by guarantee with charitable status gi'anled by the Noithei'n Iirland Chai'ity Commission. The company was incoi'pL)raled on 12 Mai'ch 2004 and took ovcr all assets and liabilities of Cai'i'ickfeigus YMCA, an uiiincoi'poi'aled As50¢ialion. The conipany ivas eslabli51)ed undei. a Memoiindum of Association, wl)ich establis1)ed the objects and poivei's of the chai'ilable company and is goiiei'ned undei. its Ailicle.8 of Association. It) accoi'daiice with its Memoi'andum of Association Ihe membei's have undertaken lo conh'ibule to the assets of the company, in Ilie event of it being wound up, an amount not exceeding £1 each. Recruitment and appointment of Maiiagement Commlttee The dii'¢ctoi's of Il)e coinpany al'e known as the Boai'd of Management. They al'e draivn fiom a ivide vai'iety of baekgiDunds. Due to the nalui'e of the Christian aspe¢t of oui. work and ethos, the membei's of the Boai-d of Managenienl air thouglit lo I'eflecl the diveise community of the Christian faith that exists iviiliin Noi'ihei'n Ii'eland. Tliei'e is a wide skills base ivhich exists amongst the Boai'd of Management with membe13 from a number of differing occupational backgiDui)ds. In the event of Il)e ij)embei's identifying pai%i¢iilar skills oi. individuals that would be of benefit lo the Board of Management, an individual tnay then, Ivith agj'eement fi'oin the Board, be approached to join. OrgaiiisAtionAI strlictui'e Caii'iekfeigus YMCA h&s a 51iong Boai'd of Management ivho Ineel monthly ftDm Seplenibei. lo June and who are I'esponsible foi. the sli'alegic dii'ection, policy, finance and main decision niaking of Ihe company. The Boai'd has cun'ently eight voting menibei% fiom a vai'iety of professional backgi'ounds. The Ekeculive Officei. (Company Seci'elaiy) also sils on tlie Boai'd of Managemeiil bul has no voting l-ights. A scl)eine of delegation is in place and day lo day responsibility for the pi-ovision of seivices I'esls ivith the Executive Olficer of the oi'ganisalion in conjunction ivith othei. staff and Boai'd membei'5. The Executive Officei. undeitakes the supervision of the staff team and ensui'e5 that they develop Iheii. pi'actice and skills in line with the oiganisation's procedui'es. Trustee Induction and TJ*ining Most directors al'e already familial. Ivith the pi'aclical ivork of our oiganisation, having been cncoui'aged lo speak lo one of the othei. dii'eclois oi. the Executive 0]Cer befoi'e fully accepting dii'ectoisl)ip. Addilionally, direcloi's al'e offei'ed govei'nance ti?ining Ihi'ough tl)e Noriliei'n Ii'elaiid Coiincil foi. Volunlaiy Aclioii (NICVA) and the National Council of YMCA'S which will focus on the policy, strategy and direction as and when necessaiy. Page 8
CaJ'ritkfeiEUS Young Mens Chrlstian AssoeiAlion Rei)ort of the Trustees for the yeai. ended 31 MAI'eh 2023 STRUCTURE, GOVERNANCE AND MANAGEMENT Affiliatioii Cai'i'ickfeigus YMCA 55 one of the 15 YMCA'S in IIEland affiliated to the National Council of YMCA'S in Ii'eland. Thiough the N<11ional Council ot. YMCA'S in Ii'eland, Cai'i'ickfeiEiis YMCA is linked to the Eiii'opean Alliance of YMCA'S and the Woi'ld Alliance of YMCA'S ivith over 58 Inillion members in 120 counli'ies. Cai'i-ickfei'gus YMCA has adopted the operating staiidai'ds inlioduced by the National Council of YMCA'S in Ireland and is I'eviewed I'egularly to ensui'e compliai)ce with these slandai'ds. Risk in*nAgeiiient The Board of Management conducts I'egular Irviews of the majoi. I'isks lo which il will be exposed. Where appiopi-iate, systems oi. procedui'es have been &8tablished lo mitigate the I'isks th¢ oi'ganisalion faces. Inleimal contiol risks al'e minimised by the implementation of procedures for authoi'isation of all Ii'ansaclioi)s and PlDjects. Procedui'es al'e in place to ensui'e compliance with l)ealih and safety, sateguai'ding and tinancial regulations. which I'educe the risk lo staff, volunteers, young people, fainilies and childi'en in our care as I4Iell a5 iri the finaiicial context as slated above. Tliese piDcedui'es are pei-iodically I'eviewed lo en8uI'e they coi)tinue to meet the needs of the organisalion and Irlevant legislation. STATEMENT OF TRUSTEEI S, RESPONSIBILITIES The tru51ee5 {who are also the directors of Cai'i'ickfeigus Young Men5 Cl)ristian Association foi. the pui'poses of ¢ompany law} are responsible for pitpai'ing the Repoit of tl)e Trn5tees and the financial statements in accoi'dance with applicable law and United Kingdom Accounting Siandaifjs (United Kingdom Generally Accepted Acwunting Pi'actiee) including financial Repoiting Siaiidai'd 102 "The Financial Reporting Siandai'd applicable in the UK and Republic of Ii'eland" Company law requiirs the trustees lo pi'epare financial statements for each financial year which give a Ii'ue and fail. view of the slate of affaii's of the chai'ilable company and of the incoming I'esources and application of resoui'ces, including the income and expendituir, of the chai'ilable compan), foi. that pei'iod. In pi'eparing those tinancial stalenienls, the Ii'uslees are I'equired lo select suitable aecounling policies and then apply Iliem consislentlyg obsei've the methods aiid priiiciples in the Chai'ity SORP. make judgemeiils and estimates Ihal al'e reasonable and pi'udenl. prepai'e the tinancial slalemenls on the going concein basis unless il is inappropi'iate lo pi'esume that the cliarilable company will continue in business. The ti'ustees al'e I'espon5ible for keeping PlDpei' a¢counting i'ecords M'hich disclose with Irasonable accui'acy al any linie the finan¢ial position of the chai'ilable company ai)d to enable them to ensui'e tliat the fii)an¢ial staleinails coniply ivith the Companies Act 2006. The)1 al'e a150 responsible foi. safeguai'dii)g Ihe assets of the chai'ilable company and hence for taking IEasonable steps foi. the pi'evenlion and detection of fi'aud and other inEgularities. In 50 far as the li'ustee5 are aivair.. thei'e is no I'elevant audil inlormation of which the chai'itable ¢ompaiiy's auditors al'e unaivai'e; and the Ii'u51ees l)ave taken all stcps that they ought lo have taken lo make Iheniselves aware of any I'elevant aiidit infonm<ltion and lo establish that the audilois air alvai'e of Ih<1t infoi'ination. AUDITORS The auditors, Mcllveen Howard Limited, will be pioposed for Ir-appoinlnienl at the foiih¢oming Annual General Meeting. Page 9
Carriekfergus Young Meiis Clii'istian Assoeio¢ion Report of Élle Trustees for the yeay ended 31 Mareli 2023 This I'ewii has been pi'epai'ed in accordance witli the special pi'ovisions of l)ait 15 of Il)¢ Con)patiies Act 2006 relating lo small coiJ)panies. Repoi'l of the trustees, incoi'p i?ting a sti'alegic repoi'l, appi'oved by order of the boai'd of tl'Uslee5, as the compai)y dii'ecloiE, on Z¢ltThP., a....%i and signed on the board's behalf by.. Ms K E Gi'aham - Seei'etary Pi(8e 10
Repoit of the Indei)en(lent Auditors to tl)¢ Trustee5 Members of Carriclifergus Young Mens ChristiAn Association Opinion We have audited Ilie financial slalemenls of Carrickfergus Young Mens Chi'islian Association (Ilie 'chRrilable company,) for the yeai. ended 31 Mai'ch 2023 which compi'ise the Sialement ot Financial Activities, the Balai)ee Sheet, the Casli Flow Statement and notes lo Il)e fiiiancial slalemenls, including a summaiy ot sigi)ificant aecountiiig policies. The tinaneial l'e1.11ng fi'amewoi'k that has been applied in their prepa]'alion is applicable law and United Kingdom Accounting Standai'ds (United Kingdom Genei'ally Aecepled Accounting Pi'actice}, including Financial Repoiling Standard 102 'The Financial Repoiting standa1 applicable ii) the UK and Republic of Ireland,. In our opinion the financial slatemenls.. give a Ii'iie and fail- view of the state of the ¢hai'ilable company's affairs as al 31 Mai'ch 2023 and of ils incoming I'e.8ouices and application of I'esoui'ces, including its incoine and expenditui'e, foi. the yeai. then ended; have been piopei'ly pi'epaiEd in aecoi'danee iviih Uniled Kiiigdom Genei'ally Accepted Ac¢ounling Practice, including Financial Repoiting Standai'd 102 'Tlie Financial Repoiling Standai'd applicable in the UK and Republic of Ireland,; and have been pi'epai'ed in aecoi'dance iviih the I'equii'emenls of the Compai)ies Act 2006. Basis for opinion We conducted our audit in accoi'dance with Inteinational Standai'ds on Auditing (UK) {ISAs (UK)) and applicable law. Our i'esponsibilities undei- those standards al'e fui'ihei. des¢i'ibed in Ihe AuditOl'S' IE8ponsibililies foi. the aiidit of the financial slalemenls sectioi) of our I'eport. We al'e independeiit of the chai'itable company in accordai)ce iviih the ethical i'equii'ements that are I'elevant to oui. audit of the financial staleinenls it) the UK, iiicludii)g the FRC'S Ethical Siandai'd, at)d ive have fulfilled oui. oihei. ethical I'esponsibilities in accoi'daiice iviih tliese requirenients. We believe that the audil evidence ive have obtained is sufficient and appi'opriate lo piDvide a basis foi. oui. opinion. Concluslons relating to going coneern In auditing the financial slalei)ieiils, Kve have concluded that Ihe tnislees, use of the going concern basis of accounting in the prepai'alion ot the tinancial statements is appiopi'iale. Based on the work we have pei'foi'med, we l)ave not identified any material uncetlainties relating to events oi. conditions that, individually 01- collectively.. may cast significant doubt on the chai'ilable company's ability lo continue as a going Concern for a period of at least tsvelve months from when the financial statements are auiliorised foi. issue. Our I'esponsibililies and the Irsix)nsibilili¢s of the tiiJstee5 With I'espect lo going coi)cei'n are desci'ibed in the I'elevant sections of t])is Irpoi'l. Other Infoi'inatlon The Ii'ustees are responsible for the oihei. infomialion. Tlie oihei. infoi'mation compi'ises the infoi'mation included in the Annual Repoit: oiher than the financial statements aiid oui. Repoit of Ihe Independent Auditor5 Ihei'eon. Oui. opinion on the financial slalemenls does not cover the other infoi'mation and, except to the extent othetTrvise explicitly slated in oui. I'eport, we do not express any foi'm of assuraiice conclusion thereon. In connection will) oiii. audit of Ihe financial stalemenls, oui. responsibility is to IEad the othei- infoi'mation and, in doing so, consid¢i' iiiheihei- Il)e oihei. infoiThation is malei'ially incorisislent will) the financial slalemet)Is or our knoivledge obtained in Il)e audit or otheiTvise appears lo be matei'ially n)isslaled. If i¥e identify such material inconsistencies oi. apparent malei'ial niisslatements, we are required lo detemiiiie i¥heihei' this gives I'ise lo a matei'ial misslalement in Ihe financial slalenienls themselves. If, based on the work we have perfoi'med, Ive conclude tha¢ thei'e is a matei'ial misstatement ol-this othei. infomiation, we al'e required to repoit Iliat tact. We have nothiiig lo report in thi.s regai-d. Opinions on other matters preserlbed by the Companies Act 2006 In oui. opinion, based on the work undeitakei) in the course of the audit: the it)formation given in the Repoi'l of the Ti'iislees foi. Il)c financial year foi. Ivhich the financial slalemenls al'e piepai'ed is consislenl with the financial slalei)ienls; and the Report of Ilie Ti'ustees l)as been prepai'ed in aecoi'dance with applicable legal iequirement5. Page 11
Repoi* ofthe Indei)ei)Ilent Auditors to the Trustees aD(l Members of Carrickf¢rgus Young Mens Chi'lstia AssoeiAtion Matteis on which we Are required to report by exeep¢ion In the light of tl)e knoKvledge and understanding of Ihe chai'ilable company and ils environinent obtained in the coui'se of the audit, i¥e have not identified matei'ial misstalemeiils in the Repoit of the Ti'ustee5. We have nothing lo Irpoit in I'especl of the folloiving maltei's whei'e the Companies Act 2006 requires us lo repoil 10 yoii if: in our opinion: adequate accoui)ting iecord5 have not been kept or I'eluins adequate foi. oui. audit liave noi been I'eceived fi'om branches not visited by us; oi. the financial statements a]'e iiol in agi'eement iviil) the accounting IECOI'ds and Irlui'ns; or cei'tgin dis¢losuiEs of Ii'ustees, I'emunei'alion specified by law are iiol niade. oi. we have not Itceived all the infoi'mation and explanatioi)s we I'equii'e foi. oiii. audil. or Il)e trustees ivere not entitled lo lake advantage of the small companies e.xemption fiDm the I'equiremenl to pi'epare a Sii'alegic Rep)11 01. in pi'eparing the Repoit ofihe Ti'iislee5. Responsibilities of trustees As explaiiied mol'e fully in the Sialement of Trustees, Responsibilities, the tt'ustees (Ivho al'e also the dii'ecloi's of the chai'itable company for the pui'poses of company laiv) are responsible foi. the pirpai'alion ot Ilie financial statements and foi. being satisfied that they give a true and fail- view, and for such intei'nal contiDI as the Ii'iistees delei'mine is t)ecessary to enable the pirpaiation of financial slaleineiils that air fl'ee fiDm material misstalemenl, Ivheiher due lo fi'aud or ei'roi.. In pi'epai'ing the finai)cial statements, the tl'ustees al'e responsible foi. assessing the charitable company's ability to Continue as a going concei'n: disclosingj as applicable, Inatleis related to going concei-n and using Il)e going concei'n basis of accounting unless the Ii'ustees eiihei. intend to liquidate the chai'itable company or lo eease operations, or have no I'ealislic alteiiialive but lo do so. Our respon5ibilitie5 for tlle audit ofthe financial statement5 Oui. objectives al'e to obtain I'easoiiable assui'ance about wheihei- the finaiicial slatenienls as a ivhole al'e fl'ee fioni matei'ial misslatemenl, wlieiher due to ti'aud oi. ei'roi., and lo issue a Repoi'l of the It)dependent Auditors that includes oui. opinion. Reasonable assui'ance is a l)igh level of assui'ance, but is not a giiai'antee that an audit conducted in accordance with ISAS (IJK) will alivays delecl a malei'ial misstatement H,hen it exists. Misslalemenls can ai'ise li'om fi'aud oi. eiioi. and are considei'ed malei'ial if, individually or in the aggi'egale, they could I'easoiiably be expected io influence the econoinic decisions of useiB taken on the basis ot these financial stalenienls. The e.xtent to ivhich oui. pio¢edui'es al'e capable of detecting ii'regularities: including fi'aud is detailed below- As pait of an audit in accordance with ISAS (UK). we exercise professional judgmei)l and maintain professional sceplicism tl)ioughout the audit. we also: Identify and assess the I'isks of malei'ial misstatement of the financial slalements, wheihei. due lo fi7ud or ei'roi., design and pei'foii)i audit piDcedui'es responsive to those I'isks, and obtain audit evidence that IS sufficient and appropriate lo provide a basis for our opinion. The risk of not detecting a malei-ial misslalement I'esuliing from fi'aud is higher than foi. one I'esuliing fiom ei'i'oi., as fraiid may involve colliision,forgery, intentional omissions, misrepresenlalions. or the ovei'i'ide of inlemal control. Obtaiii an undetEtanding of inlei'nal conliol relevant to the audit in oi'dei. to desi8n audit pi'ocedures that are appiDPI'iale in the circumstances, but iiot foi. the piiipose of e.xpressing ai) opinioi) on the effectiveness of the iiilemal contiol. Evaluate Ilie appiDpriateness of accounling policies used and the reasonableness of ac¢oiinling eslimales and related disclosiires made by the direclois. Page 12
Report of the Inllependent Auditors to the Tyusfees Members ol C%i'J'iekfergus Young Mens Chi'istixn Association Conclude 01) the appropriateness of Ihe ti'uslees use of the goin8 con¢ei'n basis of accounting and, based on the audit evidence obtained, whether a malei'ial uncertainty exists I'elaled to evcnls 01- condilions that Inay cast significant doubt on the company's ability lo continue as a going concei'n. If we conclude that a malei'ial uncei'tainty exists, we are requii'ed lo di'aw attention in our audiloi s I'eport lo tl)e I'elaled disclosuirs in the financial statements oi., if such disclosui'es are inadequate, to modify oui. opinion. Oui- conclusions al'e based on the audit eviden¢e obtained lip lo the date of oui. auditoi's repDrt. Hoiveva., fului'e events oi. conditions may cause the company lo cease lo continue as a going concein. Evaluale Il)e oveixll pi'eseiilation, sli'uctui'e and content of the financial slatenienls, including the disclosiires and wlieihei. the financial slalemenls I'epi'&sent the undei'lying Ii'ansaclions and events in a Inanner that achieves fail. pi'esentalion. We comniunicate with tl)0se chaiged with goiieinance regarding, among other mattel's, Il)e planned scope and liiniiig of the audit and significant audit findings, including any significant deficiencies in internal control that we identify dui'ing our audit. A fiirihei. desCI'iPtion of oui. responsibilities foi. the audit of tlie financial statements is located on the Financial Reporting Council's website at Mqw.fi'c.org.uk/auditorsi'esponsibililies. This desci'iption forms pait of oui. Report of the Indepeiident Auditors. Use of oui. report This Irport is made solely to the chai-itable company's membei'5, as a body. in accoi'dance with Chaptei. 3 of Pait 16 or the Cotnpanies Act 2006. Oui. audit woi'k has been undertaken so that we Iiiight stale lo the chai-itable company's Inembers th05¥ Inattei'5 we are required to stale lo them in an auditois, I'epoit and toi. no other puryx)se. To the fi]Ilesl extent pe. law, Ive do not ¢£effj- Thisibility lo anyone other than the chai'ilable company and Ilie oi. assume IESP charil e conipany me r<as a body, foi. oui. audit woi. foi. is repoil, oi. foi- the opinions ive have foi'med. I'eel ' and on_bthaW.o Statuloiy Audito[3 Chai'lei'ed Accountai)Is 169a Uppei. Neivlominards Road Bellasl BT4 3HZ Mcllveen Howai'd Limited Dale: ... Page 13
Carrickfergu5 Young Mens ChristiAIi Association Statement of FinoiieiAI Ae¢ivities for the year ended 31 MAreh 2023 2023 "rolal funds 2022 Total funds Uni'esti'icled Resli'icted rund Notes INCOME AND ENDOWMII NTS FROM Donations and legacies 222,904 491,434 714,338 653,925 Oihei. Ii'ading aclivities Investment income 44.880 1,175 44,880 1,175 42,221 1,076 Total 268,959 491,434 760,393 697,222 EXPENDITURE ON Charitable Activities Chai'itable A¢livilies Governance costs 173,298 3,920 532,917 706,215 3,920 665,884 3,920 To¢AI 177,218 532,917 710,135 669,804 NET JNCOMEI l(EXPENDITURE) 91,741 (41,483) 50,258 27,418 RECONCILIATION OF FUNDS Total ndS bi'oughi foivard 633,672 884,497 1,518,169 1,490,751 TOTAL FUNDS CARRIED FORWARD 725,413 843,014 ,568,427 1,518,169 The notes fomi part of these financial staleinenls Page 14
CRrrKekfergus Young Mens ChristiAn Association (Reglstereil number: N1049989) Balance Sli¢et 31 Mai'cli 2023 2023 2022 Notes FIXED ASSEITS 'rai)gible assets 12 1,206.755 1.153,277 CURREI NT ASSETS Debioi's Cic sh at bank and in hand 13 29,342 354,077 12,148 394,526 383,419 406.674 CREDITORS Amounts falling due within one year 14 (21,747) {41,782) NET CURRENT ASSETS 361,672 364,892 TOTAL ASSEI TS LESS CURREI NT LIABILITIII S 1,568.427 1,518,169 NET ASSETS 1,568,427 1,518,169 FUNDS Unresli'icted fund5 Resli-icled funds 16 725,413 843,014 633,672 884,497 TOTAL FUNDS 1,568,427 1,518,169 These financial slalements have been prepai'ed in accoi'dance iviili the pi'ovisioiis applicable to chai'ilable companies subject to the small eompanies I'egiine. The fina cial slalements- Ivere appiDved by the Board of Ti'uslees and authoi'ised for issue and ivere signed on its behalf by.. on Coiioi. Ti'iislee Mi. S Ames- Tiwslee The notes foi'in pait of these financial slalemeiits Page 15
Cxryickfergus Young Mens Chi'istiaii A550eiAilon Cash Flow S¢atemen¢ for tlie yeRr ¢nded 31 March 2023 2023 2022 Notes Cash flows from operating activities Cash generated Iiom opei'alions 43.566 (40.969) Net cash provided by/(used in) opei'aling activities 43,566 (40,969) Cash floiv5 from investing activities Pui'chase of laiigible tixed a55els Interest I'eceived (85,190) 1,175 1,076 Net cash (used ii))IpiDvided by investing aclivilies (84,015) ,076 Ch&nge in cash aiid eash equlvalents in the i'epoyting period Cash Aii(l eash equivalenls At tlie beginning of the i'eporting period (40,449) (39,893) 394,526 434,419 Cash And cash equlvalents at the end of Éhe reporting perlod 354,077 394.526 The notes foiTh pait of these financial slaleinents Page 16
CRrYickfei'gus Young Mens Christiaji AssoeiAtioii Notes to tlie CAsh Flow Stntement foi. the year ellded 31 MAreli 2023 RECONCILIATION OF NET INCOMC TO NEI T CASH FLOW FROM OPERATING ACTIVITIES 2023 2022 Net ineome for the reporting period {ns per the Statement ol FinAneiAI Aetivlties) Ailjuslments foi.: Depi'eciation chaiges Intei'est I'eceived Iiicrease in debtors Deci'ease in cirdiloi's 50,258 27,418 31,713 (1,175) (17,195) (20,035) 30,161 (1,076) (12,148) (85,324) Net cAsh i)i'ovided by/(used in) operations 43,566 {40,969) ANALYSIS OF CHANGES IN NET FUNDS At 114122 Cash flow At 3113123 Net cAsh Cash at bank and in hand 394,526 (40,449) 354,077 394,526 (40,449) 354,077 Total 394,526 {40,449) 354,077 The i)oles lomi pai'l of these financial slalemenls Page 17
Cari'lelifei'gys Young Mens Chi'lstiaii Assoeiatioii Notes to the Financial Stxtements for the year ended 31 Mareli 2023 STATUTORY INFORMATION Cai'i'ickfergu5 Young Mens Christian Association is a pi'ivale company, limited by guai?nlee, I'egistered iii Noithern IIEland. The company'5 I'egistered niimbei. and I'egislered office addi'es5 can be found on the Company Information page. The pi'esenlation curi'enc), of Ihe financial slatemenls is Ilie Poiind Slei'ling (£). ACCOUNTING POLICIES Statement of ¢ompllance The financial 51alements of tl)e chai'itsble company, which is a public benefil entity iindei. FRS 102: have been pi'epai'ed in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Chai'ilies: Statement of Recommended Pi'actice applicable to chai'itits prepai'ing their accounts in accordance with the Financial Repoiting Siandai'd applicable in the UK and Republic of Ireland (FRS 102) (effective l Janiiaiy 20151,, Financial Repoi'ling Siandai'd 102 'The Financial Repoiling Standard applicable in the UK and Republic of li'eland, and tl)e Companies Act 2006 Basis of IJYepAlYltion Tl)e financial statements l)ave been prepai'ed undei- the historic cost convention. CvitieAI Accounting juilgemeiits aiiil key sources of estimatlon uncei't8in¢y In the application of the company's accouiiting policies, the diiEcloi's are Irquiied lo make judgements, estimates and assumptions about Il)e canying amount of assets aiid liabilities that al'e not I'eadily apparent fi'oi)I oihei. soui'ces. The estimate5 and associated assumplions are based upon hisloi'ical experience ai)d oiliei. factors that al'e consideird to be i'elevanl. The estimates and undei'lying assumptioi)s al'e reviewed on an ongoing basis. Revisions to accounting estimates al'e Ircognised in the pei'iod in wl)icli the estimate is I'evised and ivhei'e the I'evision effe¢ls only that pei'iod, or in the pei'iod of i'evision and future pei'iods wliei'e the I'evi5ion affects both cun'ent and future pei'iods. Ci'i¢ieAI judgemeiits The following judgemenls (apait fioin those involving estimates) have had the most significant effect on amounts recognised in the financial statements. Useful conomie Life of Assets The annual depi'ecialion chaige foi. tangible fixed assets is sensitive to changes in the useful ecoiiomic lives and i'esidiial value5 of assets. The useful economic lives and I'esidual values are I'eassessed annually. They al'e amended when necessary lo I'eflect cui'i'ent estimates, based uwn technological advancenienl, fului'e inveslmenls, economic utilisalion and the physical condition of the assets. All ineoine is re¢ognised in the Statement of Financial Activities once the chai'ity has entitlement lo the filnds, it is piobable that the income ivill be received and the amount Can be Inea5uI'ed. The following specific policie5 al'e applied lo calegoi'ies of iiieoine. l. Ir]come froi)I donations ai)d gi'ants is recognised when Ilieir is evidence of enlitleinenl lo Ilie gift, I'eceipt is piobable and the amount can be Irliably measured. 2. Le8ac}J income is Ircognised ivhen I'eceipl is piDbable and entitlement is established. Page 18 coiitinued...
Cnri'iekfei'gus Young Mens Chi'islian Association Notes to the Financial Statements - eontiiiued for the yeai. eiide(131 MAreh 2023 ACCOUNTING POLICIEI S - coiilinue(I Ineonle 3. Income fiom donated goods is measui'ed at the fair value of goods, unless Il)is is impi'actical to measui'e Irliably, in which case the value is dei'ived fiom the cost to Ihc donoi. oi. the estimated i'e-sale value. Donated facilities and sei'vices al'e recognised in the accounts i¥hen I'eceived if the value can be reliably measured. No amounts di ii)cluded for the conli'ibution ol-general volunteers. 4. Income fiom conti'acts foi. the supply of seivices is I'ecogni5ed with the delivery of tlie conti'act¢d 5eivice. This is classified as uni'esli'i¢ted funds unless Ihei'e is a conli'actual I'equii'ement for it to be spent on a pai'liculai. piii'pose and I'eturn if unspent, in which case it may be I'egai'ded as I'esli'icled. I xpenditure Liabilities al'e recognised as expendiÈui'e as soon as Ihei'e is a legal or consli'uctive obligation committing the chai'ity lo that expendilui'e, it is piobable that a transfei. of economic benefits will be I'equii'ed in settlement and the amoiinl of the obligation can be Iiieasui'ed I'eliably. Expendilui'e is accoiinled foi. oli an accruals basis and has been classified under headings Ihat aggi'egate all cosl I'elaled lo the categoiy. Wl)ere costs cannot be directly 8tt1'ibuled to paiti¢ulai' headings they have been allocated to activities on a basis consistent with the use of re50ui'ces. TAngible fixed assets Tangible fixed assets al'e initially measui'ed al eosl and subsequeiitly nieasui'ed al cost oi. valuation, nel of depi'ecialion and any iinwdirnient losses. Hisloi'ieal cost includes expenditure that is dii'ectly alli-ibulable to bringing the asset to the loealion and conditioii iiecessaiy for il lo be Capable of opei'aling in the Inanner intended by management. Depi'eciation is provided at the following annual rates in oi'dei. lo write off each asset ovei. ils estimated useful life. Fi'eehold propeity.. CoiJ)pulei' equipment 2% oncost IS % reducing balance Impairment of fixed assets Fixed assets al'e assessed tor impaii'men¢ at each i'epoi'ling date. Fixed assets al'e impaired whei) thei'e is objective evidence Ihal: as a I'esult of one oi. more events that occiiii'ed aftei. the initial I'ecognilion of the fixed asset, the estimaled future cash flom's have been affected. If an asset is impaii'ed, the iinpaiiinent loss is the diffei'ence between the cariying amount and the present value of the estimated cash floivs. The impairnient loss is I'ecognised in profil oi. loss. If there is a decrease in the inipaii'mei)t loss ai'ising from an even¢ occui'ing aftei. tlie impaiiinent was I'ecognised, Ilie impaii'm¢nÉ is reversed. The revei'sal is such that the cui'rent cariying amoiinl does not exceed ivhat the catyying amount ivould l)ave been, had Il)e iinpaimient not pi'eviously been I'ecogni8ed. The impaii'ment I'evei'5al is I'ecognised iii piN)tit or loss. Taxation The cl)ai-ity is exempt fiDm coiy)ITtion lax on ils chai'itable activities. Fund accounting Unrestricted funds can be iised in accoi'dance i¥ith the chai'itable objectives at the discretion of the Iruslees. Resli'icled flinds can only be used for paiticulai. restricted pury)oses within the objects of Ilie chai-ity. Resli'iclions ai'ise whei) specified by the donor oi. when funds al'e raised foi. pai'licular I'esli'icted pui'poses. Page 19 continued..
CAI'i'iekfeiius Young Mens ChristlAn AssociAtion Notes to the FinaneiAI StAtements- continue(I foi. tlit year elided 31 Marel) 2023 ACCOUNTING POLICIES- continued Fund aecountiiig Furthei. explanation of the natUlE and pui'pose of each fund is incliided in the notes to the finat)cial statements. Penslon costs aiid oÉlier i)ost-retirement benefits The chai'ilable company operates a defined contribution pension scheme. Conti'ibutions payable lo the chai'itable eoinpany's pension scheme are chaiged to the Statement of Financial Activities in the pei'iod lo M'hicl) they IElale. DONATIONS AND LEGACIEI S 2023 2022 Donations Giant5 8,319 706,019 8,269 645,656 714,338 653,925 Grants received, included in the above, are as follows.. 2023 2022 Education Authoi'ity NIHE {SPOD) 324,156 28,338 574 140,248 77,068 63,483 600 10,128 9,351 52,073 303,131 24,787 British Coiincil Public Healil) Agency Noi'il)ei'n Trust MEAC Oihei. Childi'en in Need Jobstart CINI 132,493 47,625 62,703 9,628 19,879 45,410 706,019 645,656 OTHER TRADING ACTIVITIES 2023 2022 Progi'amiiie income Rent received 21,349 23,531 18,451 23,770 44.880 42,221 Page 20 continued...
Carrickfergus Young Mens Cliyistian Association Notes to tlie Financial StA¢ements - coiitinuert foi. tlie yeAI' ended 31 MArcli 2023 INVESTMEI NT INCOME 2023 2022 Deposit account intei'est 1,175 1,076 CHARITABLE ACTIVITIES COSTS Support costs (se note 7) Dii-ect Costs Totals Chai'itable Activities Govei'nance ¢osls 701,477 4,738 3.920 706,215 3,920 701,477 8,658 710,135 SUPPORT COSTS Govei'nance costs Finance Totals Chai-ilable Activities Govemance costs 416 4,322 3,920 4,738 3,920 416 8.242 8,658 NET INCOMEI{EXPENDITURE) Nel incomel(expenditui'e) is slated after chalEin(credIting)'. 2023 2022 Auditoi's, I'emunei'ation Depi'ecialion- owned assets 3,920 31,712 3,920 30,161 TRUSTEES, REMUNERATION AND BENEI FITS Thei'e ivere no Iruslees, remunei'alion oi. oihei. benefits for the year ended 31 March 2023 nor for Ihe yeai. elided 31 Mai'ch 2022. Trustees, expeiises Thei'e ivei'e no ti'ustee5' expenses paid foi. the yeai. ended 31 Marcli 2023 noi. foi. Ilie yeai. ended 31 March 2022. Page21 continued..
CarrickfeiEus Young Mens Christian Assoela¢ion Notes to the Financial Statement5- tonilnued for the year ended 31 Marelh 2023 io. STAFf COSTS 2023 2022 Wages and salai'ies Social security costs Other perksion costs 469.790 33,683 20,893 425,435 29,773 18,278 524,366 473,486 The avei'age monihly numbei. of ei)Iployees duriiig the yeai- was as lolloivs= 2023 27 2022 22 Adminis11?live No employee5 I'eceived emoluments in e.xcess of £60,000. ii. COMPARATIVES fiOR THE STATEMENT OF FINANCIAL AcfIvITJES Uiii'estricled funds Resti'icted fui)d Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 198,639 455,286 653,925 Oihei. t17ding activilies Investment income 41,245 1,076 976 42,221 1,076 Tot81 240,960 456,262 697,222 EXPCI NDJTURE ON ClkAritAble ftctivities Cl)arilable Activities Goiieinance costs 184,476 3,920 481,408 665,884 3,920 Total 188,396 481,408 669.804 NET INCOMEI(EXPENDJTURE) 52,564 (25,146) 27,418 RECONCILIA TION OF FUNDS Total funds biought foiivard 581.108 909,643 1.490,751 TOTAL FUNDS CARRIED FORWARD 633.672 884,497 1.518,169 Page 22 continued...
Carricl(fergus Young Mens Christl%n Assoeiatio Note5 to the FinanciAI Statements - continued for the year ended 31 Mareli 2023 12. TANGIBLE FIXED ASSEITS Computer and equipinent Fi'eehold propeity Totals COST Ai l Api'il 2022 Additions 1,457,291 85,190 56,449 1,513,740 85,190 At 31 Marcli 2023 1,542,481 56,449 1,598,930 DEPREI CIATION Ai l Api'il 2022 Charge for yeai. 309,764 30,849 50,699 863 360,463 31,712 Al 31 March 2023 340,613 51.562 392,175 NET BOOKVALUE Al 31 Mai'ch 2023 1,201,868 4,887 1,206,755 Al 31 March 2022 1,147,527 5,750 1,153,277 The Intei'national Fund for Ii'elai)d and the Depaitment of Educatioii supplied gi7nt funding towa1S the consli'uction of new preiiiises foi. the company at 30 34 Ii'ish Quai1er Wesl, Can'ickfergus. As such they have I'egislei'ed charges on the pi'opei'ty. TheiE also exists claivback conditions on any disposal of the pioperty and full details of this and other secLlI'ities can be I'eviewed under I'e8i51ei'ed chai'ges at companieshoiise.gov.uk. The building was completed in 2012. The Ti'uslee's have valued the piopei'ty iii Ihe Financial Slalements and consider il to be a I'easonable valuation. 13. DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Oihei. debioi Pirpayments and acci'ued income PIEpayments 12,148 21,160 8,182 29,342 12,148 Page 23 continued..
Carrickfergus Young Meiis Chi'istian Associxtlon Notes to the Financial Statements- tontinued for the yer eilded 31 Mareli 2023 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Olhei. ci'edilotE Acci'uals and defei'i'ed income Acciwed expenses 2,827 15,000 3,920 13.456 24,406 3,920 21,747 41,782 Details of chaiges can be viewed at Companies House. 15. ANALYSIS OF NET ASSETS BETWEEN FUNDS 2023 Total funds 2022 Total fiinds Uni'esli'icled funds Resli'icted fund Fixed assets Curi'ent assets Cui'i'ent liabilities 346,385 382,948 (3.920) 860,370 471 {17,827) 1,206,755 383,419 {21:747) 1,153,277 406,674 (41,782) 725,413 843,014 1,568,427 1,518,169 16. MOVEMENT IN FUNDS Net movement in funds At 3113123 At 114122 Unresti'ieted fiinds Genei'al fund 633,672 91,741 725,413 Restricted funds Resti'icled nd 884,497 {41,483) 843,014 TOTAL FUNDS ,518,169 50,258 1,568.427 Net movement in flind5, included in the above are a5 folloivs: Inconiing Irsoui'ces Resoui'ce5 expended Movemen¢ in fund5 Unres¢i'lcted fuiids Geiiei?I fund 268.959 (177,218) 91,741 Restricted fiinds Resli'icted fund 491,434 (532,917) (41,483) TOTAL FUNDS 760,393 (710,135) 50,258 Page 24 continued...
C81'1'ickfergus Youiig Mens Chi'istian Association Note5 to the Finai)eiAI StAtements- eontinue(I for ¢lie year ended 31 Marth 2023 16. MOVEMENT IN FUNDS- eoiitiihued Comparatlves for movement in fullds Nel moveinenl in fund5 At 3113122 At 114121 Unrestrieted funds Genei'al fund 581,108 52,564 633,672 Restriete(I funils Resli'icted tund 909,643 (25,146) 884,497 TOTAL FUNDS 1,490,751 27,418 1,518,169 Compai'alive net movenient in funds, in¢luded in Ihe above al'e as follows.. Incoming I'esoui'ces Resoiirces expended Movement in funds Unrestrleted funds Genei'al fund 240,960 (188,396) 52,564 Restricted funds Resti'icled fund 456,262 {481,408) (25,146) TOTALFUNDS 697,222 (669,804) 27,418 A ciiriEnl year 12 months and pi'ior year 12 months combined position is as folloii's: Nel movement in funds Ai 3113123 At 114121 Unrestricted funds General fund 581,108 144,305 725,413 Restricted funds Resli-icted fund 909.643 {66,629) 843,014 TOTAL FUNDS 1,490,751 77,676 1,568,427 Page 25 continued...
Carrickfergus Young Mens Christiai) As50ClXtion Note5 to the FinaneiAI Statements - continued for tlie yeai. ended JI Mareli 2023 16. MOVEMENT IN FUNDS- eontliiued A cui'i'ent yeai. 12 Inoi)ths and pi'ior yeai. 12 Inonths combined nel movement ii) fui)ds, included in the alve al'e as follows.. Incoining Itsources Resoui'ces e.xpended Movement in funds Unrestricted fuiids Genei'al fuiid 509,919 (365,614) 144,305 Restricted funds Restricted fund 947.696 (1,014.325) (66,629) TOTAL FUNDS 1,457,615 (1,379,939) 77,676 17. CAPITAL COMMITMENTS 2023 2022 Conti'acted bul not piovided for in the financial slalement5 18. RELATED PARTY DISCLOSURES There iveir no related paity transactions for the yeai. ended 31 Mai'cl) 2023. Pa8e 26
CArrickfergus Young Mens Christian Association DetAile(I StNtement of Fiiixncial Activities for the year ended 31 March 2023 2023 2022 INCOME AIYD ENDOWMEI NTS Doiiations an(1 legAcles Donatioiis Gi'ants 8,319 706,019 8,269 645,656 714,338 653,925 Other trxdlng aetiviti¢s Programme income Rent I'eceived 21,349 23,531 18,451 23,770 44,880 42,221 Investment ineome Deposit account interest 1,175 1,076 Total incoming resources 760,393 697,222 EXPENDITURE Charitable actlvlties Wages Social security Pensions Rates and water Insui'ance Light and heal Telephone Postage and stalioneiy Repaii's & maii)tenance Oihei. motor I ti'avel costs PIDgramrne Costs Softivai'e Suppoi'l Oiliei. establishment costs Fi'eehold piiiperty Compulei. equipment 469,790 33,683 20,893 1,906 13,649 14,799 7,059 204 10,275 7,374 89,051 461 620 30,850 863 425,435 29,773 18.278 1.362 9,512 9,508 4,904 916 33,212 6,883 89,745 401 600 29.146 1,015 701.477 660,690 Suppoit costs FlnAnce Bank chai'ge5 416 184 This page does not foi'm part of Ilie slaluloiy financial slmleinenls Page 27
Carri¢kfergus Young Mens Christiaii Association Detailed Statement of FinAneiAI Ae¢ivities for tlie year ende(131 MAI'eli 2023 2023 2022 i inance Govei'nance eosts AuditQlB' IEmuneralion Legal & professional 3,920 4,322 3,920 5,010 8,242 8,930 Total I'esouires e.xpended 710,135 669,804 Net income 50,258 27,418 This page does not foi'in pait of thc slalulory financial slateniei)15 l)age 28