Youth Link Nl Company Llmited by Guarantee Statement of Financial Activities (Including income and expenditure account) Year ended 31 March 2024 2024 Restricl@d funds Total funds Total funds 2023 Unrestricted funds Incorne and endowments Donations and legacies Charitable activities Other trading activities Investment income Other income 941 149,604 10.561 3.325 133 941 371.730 10.561 3.325 133 1,853 572,924 16.151 1,932 4,699 222.126 Total income 164.564 222,126 386.690 597,559 Expenditure Expenditure on charitable activities Total oxponditure 10 346.426 197,592 544,018 757,681 346.426 197.592 544.018 757,681 Net expenditure (181,862) 24,534 (157.328) (160.122) Transfers beeen funds 318 (318) Net movement in funds {181.5M) 24.216 (157,328) (160,122) Reconciliation of funds Total funds brought forward Total funds carried forward 885,993 19,614 905,607 1,065,729 704,449 43,830 748,279 905,607 The statement of financial activities indudes all gains and losses recc*3nised in the year. All income and expenditure d8rive from Continuing activtties. 21
Youth Link Nl Company Limited by Guarantee Statement of Financial Position 31 March 2024 2024 2023 Note Fixed a558ts Tangible fixed assets 15 415,775 490.629 Current assets Debtors Cash at bank and in hand 16 80,054 280,427 243,325 215,151 360.481 458.476 Creditors: amounts falling due within one year Net current assets 17 27,977 43,498 332,502 414,978 Total assets less current Ilabllltles 748,279 905.607 Net assets 748.279 905.607 Funds of the charlty Restricted funda Unrestricted fijnds 43.830 704,449 19,614 885,993 Total charity fvnds 20 748,279 905.607 These financial staternents have been prepared in accordan with the wovisions applicable to companies subject to the small cornpanies, regime. These financial statements were approved by the board of trusiees and authorlsed for issue on 17 September 2024, and are signed on behalf of the board by: D Mcwall (Treasurer) Trustee S Henry (Chairperson) Trustee
Youth Link Nl Company Limited by Guarantee Statement of Cash Flows Year ended 31 March 2024 2024 2023 Cash flov from operating activities Net experKliture (157,328} {160.122) Adjustments for Depreciation of tangible red assets Other interest receivable and similar income Interest payable and similar charges 74,854 13.325} 326 77.412 (1.9321 565 Ghanges in.. Trade and other debtors Trade and other creditors 163,271 55,859 (15,521) (166,8661 62.277 (195,084) Cash generated from operations Interest paid Interest received (326) 3.325 (565) 1,932 Net cash (used in)lfrom op8ratlng activitss (65,276) (193,717) Cash flows from Investing actlvftles Purchase of tangible assets Net cash used in investirvJ activities (o) (o) (1,4231 (1,4231 Net (decrease)fincrease in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equNalents at end of year 65,276 215.151 {195,140) 410,291 280.427 215,151 23
Youth Link Nl Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2024 General inforn)ation The charity is a public benefit entity and a private company limited by guarantee, registered in Northern Ireland and a registered charity in Northern Ireland. The address of the registered offi is Farset Enterprise Park. 638 Springfield Road. Belfast, BT12 7DY, Northem Ireland. Statement of compliance 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 Recomrnended Practice applicable to charibes preparing their accounts in accordance wlth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act (Northern Ireland) 2008. Youth Link Nl meets the definition of a public benefit entity under FRS 102 Accounting policies Basls of preparatlon The financia statements have been prepared on the historical cost basis. as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through Income or expendllure. The financial statements are wepared in sler1ing, which ts the functional CUenCY of the tity. Golng concèm There are no material unc8rtatnties about the chaiivs abilty to continue. Judgements and key sources of estimation uncertainty The preparation of the finanaal slatetnents require5 Management to make judgefflerrts. estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and olher factors. induding expectations ur rulurv everilb Ihdt <irE believetl tv be re<iwn<ible un¢Jer the Gircum5t8nce5. Fund accounting Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted fijnts earmarked by the trustees for particular fubjre project or CmmitMent. Restricted funds are subjected to restrictions on their expenditure dedared by the donor or through the terms of an appeal and fall into one of two SuClaSSeS. restricted income funds or endowment funds. 24
Youth Link Nl Company Limited by Guarantee Notes to the Financial Statements {ntInUed) Year ended 31 March 2024 Accounting policies (cofttinuedj Incoming resources All incorning resources are included in Ihe slalemenl of financial athivities when entitlemenl has passed to the tharity., Ft is probable that the economic beneffts associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to partlcular categories of IncJ)me: IncA)me from donations or grants is recognised when there is evidence of entfdement to the grft. rec81Pt 15 probable. and tts arnount can be measured reliably. legacy income is recogntsed when receipt ts probable, and enttuement is established. income from donated goods is measured al Ihe fair value of the goods unless this is impractical to rneasure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and seryices a recognised in the accounts when received if the value be reliably measured. No amounts are included for the contribution of general volunteers. inGome from contracts f(x the supply of ServIS is recognised with the delivery of the ontracted setvice. This is classrfied as unrestricted funds unless there is a contractual requirement for il to be spent on a particular purpose and retumed rf unspent, in which case it may be regarded as restricted. Resources expended. Expenditure is recognised on an accruals basis as a liabilty is incurred. Expendilure includes any VAT which cannot be fully recovered, and is dassified under headings of the statement of financial activities to which il relates: expenditure on raising funds includes the costs of all fundraising actNities, events. non- charilable trading actsmties. and the sale of donated goods. expenditure on charitable activities indudes aN costs incurred by a charity in undertaking activities that further its charitable aims for the benefrt of its beneficiaries, including those support costs and costs relab'ng to the govemance of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neither reLgted to raising funds for the charity nor part of ts expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direcl costs attributable to a single activity are allocated directly lo that activity. Shared costs are apportioned beeen the actwities they contrbbute to on a reasonable. ju51ifiable, and consistent basis. Tangible assets Tangible assets are inthally recorded at cost, and subsequentty stated at cost less any accumulated depreciation and impaiment losses. Any n91b assets carried at revalued amounts are recorde¢J at the fair value at the tJate of revaluaD"on less any subsequent accumulated depreciation and subsequent accumulated impaiment losses. 25
Youth Link Nl Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2024 Accounting policies (ronfvnu•d) Tangible assets (confynu An increase in the carwng amount of an asset as a result of a revaluation. is recognised in other recognised gain5 and losse5. unless tt reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation. is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities. Depreciation Depreciation is calculated to write off the cost or valuation of an asset. less tts residual value. over the useful economic life of that asset as followE: Freehold property Fixtures and fittings Equipment Straight line over 20 years 15 % straight line 330/0 straight line Impairment of fixed assets A revlew for indicators of irnpaimient is carried oul at each reporting date. with the recoverable amount being estimated where such Indicators esL Where the carying value exceeds the recoverable amunt. the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal al each rep¢yting date. For the purposes of impairment testing. vthen it is not possiY>le to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash- generating unil lo whh the asset belongs. The cash-generating unit is the smallesl identifiable group of assets that include5 the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impaimient testing of goodwill, Ihe good¥11 acquired in a l)usiness combination is, from the acquisition dale, allocated to each of the cash-generating units Ihal are expected lo benefit from the synergies of the combination, irrespective of whether other assets or liabilities ol the Gharity are assigned to those units. Defined contribution plans Contributions to defined contribution plans are recognised as an expense in the period in which the related Serv is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead lo a reduction in future payments or a cash refund. When contributions are nol expected to be settled wholly within 12 months of Ihe end of Ihe reporting date in which the employees render the related 5eNice. the liability is measured on discounted present value basi3. The unwinding of the discount is recognised a5 an expense in the period in which it arises. 26
Youth Link Nl Company Limited by Guarantee Notes to the Financial Statements fcontsnuedj Year ended 31 March 2024 Limited by guarantee Each of the members of the company has guaranteed to contribute to the assets of the company in the event of the saTne being wound up to the extent of£1. Donations and legacies Unrestricted Total Funds Unrestricte(J Total Funds Funds 2024 Fund5 2023 Donations Donations 941 1,853 1,853 Charitable activities Unrestricted Funds Restricted Total Funds Funds 2024 The Methodist Church in Ireland The Presbyterian Church in Ireland The Church of Ireland magh Diocesan Youth Council Diocese of Derry Down & Connor Diocesan Trust Clogher Diocesan Offic8 Kilmore Diocese Diocese of Dromor8 Education Authority Degree Programme Course fees Nl Communty Relations Council Irish American Partnership The Department of Foreign Affairs Annual Reconciliation Fund The Halifax Foun(lation The Rank Foundation The Executive Office SEUPB - Empower to Transfomi 11,753 11,753 11.753 4,701 4,701 9.401 1.175 1.175 2.350 11,753 11,753 11,753 4,701 4,701 9,401 1,175 1,175 2,350 7,500 52,327 30,593 51,125 7,922 7,500 52.327 30.593 51.125 7.922 56,984 i.(K)O 29.615 59.804 10,098 56,984 7,000 29,615 59,804 10,098 149,604 222.126 371,730 27
Youth Link Nl Company Limited by Guarantee Notes to the Financial Statements (conlinuerfj Year ended 31 March 2024 Charitable activities (ntinuedj Unrestricted Funds Restricted Totsl Funds Funds 2023 The Methodist Church in Ireland The Presbyterian Church in Ireland The Church of Ireland Armagh Diocesan Youth Counol Diocese of Oerry Down & Connor Diocesan Trust Clogher Diocesan office Kilmore Diocese Diocese of Dromore Education Authority Degree Programme Belfast City Council Irish YoLrth Foundation Course fees Nl Coniiiiuriily RdÉativiit• CUurlI Irish Amerioan Partnership European Union Programme for Peace & Reconciliation 2014-2020 European Union Programme for Peace & Reconciliation 2014-2020- Partner Organisations The Rank Foundation The Executive Office 11.523 11.523 11.523 4,609 4.609 9.217 1.153 1.153 2.304 11,523 11.523 11,523 4,609 4,609 9,217 1,153 1,153 2,304 49,303 136,161 160.000 6.000 33,601 55,694 7,900 49.303 136,161 160.C()O 6.000 33,601 55.694 7,900 352 352 (17.684) 34,000 49,984 (17.6841 34,000 49,984 235.276 337,649 572,925 Other trading aclivities Unrestricted Total Funds Unrestricted Total Funds Fuiidb 2024 Fund5 2023 Rental of facilities 10.561 10.561 16.151 16.151 Investment income Unrestricted Total Funds Unrestricted Totsl Funds Funds 2024 Funds 2023 Bank interest 3.325 3,325 1,932 1,932 Other income Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Other income 133 133 4,699 4,699 28
Youth Link Nl Company Limited by Guarant8e Notes to the Financial Statements {conUnuerfJ Year ended 31 March 2024 10. Expenditure on charitsble activities by activity type Activities undertaken directly Support costs Totsl funds 2024 Total fund 2U23 Youth Work & Ministry Governance costs 413,610 121.224 9.184 534.834 9,184 746,764 10,917 413.610 130.408 544.018 757,681 11. Analysis of support costs Youth Work & Ministy Total 2024 Total 2023 Staff Gosts Premises Communications and IT General offiL Governance costs 6.451 97.903 10.936 5,934 9.184 6.451 97.903 10.936 5,934 9,184 11,637 100,884 11,338 7,015 10,917 130.408 130,408 141,791 11 Net expenditure Net expenditure is stated after thargiryl{Grediting): 2024 2023 Depreciation of tsngible fixed assets Fees payable for the audit of the financwl Statements 74.854 5.210 77.412 5.952 13. Staff costs The lotsl staff costs and employee benefits for the reporting perrod are analysed as filOw5.. 2024 2023 Wages and salaries Social security costs Employer contributions to pension plans Redundancy costs 259,103 19.019 23,319 362,942 29,575 31,617 11,626 301,441 435,760 29
Youth Link Nl Company Limited by Guarantee Notes to the Financial Statements (conuftu Year ended 31 March 2024 13. Staff costs (conlinuedj The average head count of employees during the year was 912023.12). The average number of fulktime equivalent employees during the year is analysed as follows: 2024 No. 2U23 No. Permanent employees EmpEoyees on frxed tem contracts 10 No employee received employee benefits of more than £60.000 during the year (2023.. Nil). Key Management Personnel Key management personnel include all persons that have authority and responsibility for planning. directing, and controlling the activities of the charity- The total compensation paid to key management personnel for services provided to the charity was £146,928 (2023: £235,536). 14 Trustcc rcmuneration and expcnscs The charity trustees were not paid or received any other benefits from employment with the CharFty in the year (2023.. NIL). No Trustees were reimbursed Iravel expenses during the year. {2023'. NIL). During the year, one trustee reiVed payment for professional or other services supplied to the charity totalling £1.694 (2023: 3 trustees - £2.384). 1& Tangible fixed assets Frethold Fixtures and property ffttings Equipment Total Cost At 1 April 2023 Additions Disposals At 31 March 2024 1.450.768 92,160 56,120 1.599,048 (804) 91.356 (5,361) 50.759 (6,1651 1.592,883 1.450,768 Depreclation At 1 April 2023 Charge for th8 year Disposals At 31 March 2024 964.418 72,544 90.682 317 1804) 90.195 53.319 1,993 (5,361) 49,951 1,108,419 74,854 (6.165) 1.177,108 1.036,962 Carrying amount At 31 March 2024 413,806 1.161 808 415.775 At 31 March 2023 486.350 1,478 2,801 490,629 30
Youth Link Nl Company Limited by Guarantee Notes to the Financial Statements (eontinu8d) Year ended 31 March 2024 1 & Debtors 2024 2023 Trade debtors Prepayments and accrued in(x)me other debtors 10,836 20,075 49,143 39,572 30,523 173,230 80,054 243,325 17. Creditors: amounts falllng due within one year 2024 2023 Trade creditors Accruals and deferred income Other creditors 1,528 23.452 2,997 1,549 40,812 1.137 27.977 43.498 18. Deferred income 2024 2023 At 1 April 2023 Amount released to income Amount deferred in year Al 31 March 2024 32.363 {32,363) 15,433 75,285 (75,2851 32,363 15,433 32,363 31
Youth Link Nl Company Limited by Guarantee Notes to the Financial Statements (conllnu6dJ Year ended 31 March 2024 19. Pensions and other postwretirement beneffts Defined contribution plans The aiTiourit 1vwy1itrd iii iiiwtriv vxyendiluie an expense in relation lo defined contr1110n plans was £23.319 {2023". £31.617). 20. Analysis of charitable funds Unrestrlcted funds At 31 March 2024 At 1 April 2023 Intt)me Expenditure Transfers General Funds 885.993 167.564 (349.426) 318 704,449 At 1 April 2022 AÉ Transfers 31 March 2023 Income ExpeThJiture General Funds 1.021.410 259.910 (388.603) {6,724) 885,993 Restrlcted funds At 31 March 2024 At 1 April 2023 Income Expenditure Transfers Community Relations & Youth Work Programmes Department of Foreign Affairs & Trade- Annual Reconciliation FurKI Irtsh Youth Foundation Nl Community Relations Council - Core Funding Programme The Rank Foundation The Executive Office Belfasl City Council Peace IV The Halifax Foundation Education Authority- T.'BUC Camp SEUPB- Peace Plus The Education Authorty Transitional Funding Education Authority- Newcomers Young People Education Authority- Faith Based Youth Work 56,984 {38.578) (5tXJ) 18.406 500 51,125 29,615 59,804 (51.1251 (29.429) (59.4051 18.157 18,343 81 (318) 957 (957) 7,CMJO 7,000 7.500 10.098 (7,500) (10,098) 32
Youth Link Nl Company Limited by Guarantee Notes to the Financial Statements (contlnu8d) Year ended 31 March 2024 20. Analysis of charitable funds At 31 March 2024 At 1 April 2023 Income Expendrture Transters Education Authority- Small Grants Educalion Authority- Youth Leadership Irish American Partnership European Union Programme for Peace & Reconciliation 2014- 2020 European Union Piuyrtlmme fvi Pedce & Reconciliation 2014- 2020- Partner Fund 33
Youth Link Nl Company Limited by Guarantee Notes to the Financial Statements {conUnuJ Year ended 31 March 2024 20. Analysis of charitable funds (conlnUe&) At 1 Awil 2022 At 31 March 2023 Income Expenditure Transfers Community Relations & Youth Work Programmes Department of Foreign Affair5 & Trade- Annual Reconciliation Fund Irish American Partnership Irish Youth FoundatM)n Nl Community Relab'ons Council - Core Funding Programme The Rank Foundation Belfast City Council Peace IV The Executive OfFre Europeaii Uiiiuii Programme for Peace & ReGonciliation 2014- 2020 31,503 (31.503) 1,363 1,796 (1.363) 6,000 (7.296) 500 55,694 34.000 (55,694) (15,843) 18.157 6.216 160,000 49.984 {164,550) (49.984) (709) 957 673 352 (673) (352) European Union Programme for Peace & Reconciliation 2014- 2020 - Partner Fund Education Authority- Small Grants Education Authority- Transitional Funding Education Authority- Newcomers Young People Education Authority- Faith Based Youth Work Education Authority- Youth Leadership T:BUC Camp Programme Department for the Economy Training & Resource Centre Beatrice Laing Trust Clolhworker's Foundation Department of Education Departmcnt of Social Development- Modemisation Fund (17,684) 17,684 (1,Ixi7) 1.007 (6,768) 6.768 119 16.668 (17.641) 854 16.668 (16,959) 291 2.649 15.967 (18.844) 228
Youth Link Nl Company Limited by Guarantee Notes to the Financlal Statements {witin Year ended 31 March 2024 Garfield Weston Trust International Fund for Irdand Youth Link Nl Member Churches The transfer of £318 out of restricted funds represents income received from The Executive Office during the year which relates to the final daim submitted for the 2021122 pmje¢t As the project conGluded on 31st March 2022, the income received has been transferred to UnreStrted funds. Educatlon Authorlty- T."BUC Camp Pmgramme- Summer Camp. Education Authority- Newcomern Young People- Support to Local Servi5 lo deliver Youth Wojk with NP.Wrmpr Yoijng Peoplp Education Ahority- Youth Leadership- Youth Leadership Training to Faith Based Organisations on a Good Relations Basi5 Educatlon Authority- Faith Based Youth Work- Support to Local ServFces to deliver Indusive Failh Based Youlh Work Department of Forwgn Affairs & Trade Annual Reconciliatlon Fund- Shared Istand: A Home for Young People in the World Communlty Relations Council- Core Funding Pmgramme- Educating & mobilising young people towards the cornrn good and exploring their visions of the future in a way that enables young people to live in a plural non-violent and integrated future that helps society to t)ve towards a positive peace, and a sense of global awareness and citizenship. The Executive Office Central Good Relations Funding Programme - The Common Good Bellast City Council PEACE IV- Provision of a Youth Engagement & Civic Engagement Project PEACE IV Programme seices Insh American Partnership- financial support for youth workers from soGio-economically deprived areas working across Northem Ireland and studying a third level qualifbcation in youth and community work. Irish Youth FoundatioTr Youth Work Praclice Ac¢reditatlon Programme. European Union Programn7e for Peace & Re¢onciliatlon, 2014-2022 - Transformative Education for Posilive Relationships programme ddivered in partnership with Youth Initiatives and Royal Mencap Society. The Rank Foundation- Start here Grant. 35
Youth Link Nl Company Limited by Guarantee Notes to the Financial Statements (contlnu8(Q Year ended 31 March 2024 The Halifax Foundation- Apprentice Peace Programme. SEUPB Peace PIu5- Ettipower lo Tran5fortn PJeI. Delrvered IWF partnershlp wlth . YMCA, Youm Initiatives and Royal Mencap Society. 21. Anatysis of net assets between funds Unrestricted Funds Restricted Totsl Funds Funds 2024 Tangible fixed assets Current assets Creditor5 less than 1 year Net assets 415.775 311,523 (22.849) 704.449 415,775 360,481 {27.9771 748,279 48,958 (5,128) 43.830 Unrestricted Funits RestriGted Total Funds Funds 2023 Tangible fixed assets Current assets Creditors less than 1 year Net assets 490.629 435,882 (40,518) 490.629 458.476 143,498) 22,594 12,980> 21 Taxation The Company is a registered charty. and as such is enttded to tax exernptions on income and profits in furtherance of the tharity's primary objects'ves. 23. Analysis of Ghanges in net debt At At 1 Apr 2023 Cash flows 31 Mar 2024 Cash at bank and in hand 36
Youth Link Nl Company Limited by Guarantee Notes to the Financial Statements (conbnu Year ended 31 March 2024 2& Conting8nGies A contingent liability exrsls to repay grants and funds received should certain conditions not be fulfilled by the charity. In the opinion of the Trustees. the tems of the Letters of Offer have been. or will be, complied wtth and no liability is expected. Youth Link Nl recerved further funding from the Department of Education towards the redevelopment of the property at 638 Springfield Road. Belfast. Accordingly, on the 8th of September 2010 the Department of Education registered a legal charge over these premises. In the event that Youth Link Nl does not comply with the conditions of the Letter of Offer, are forced to sell the building or Ywlh Link Nl winds up, a sum would be payable lo thé Departmenl by Youth Link Nl which the Departmenl considers equitable. This charge was set up for a 22-year period and will therefore èxpire in 2032. In addition, the Department of Education require that no alteration. amendment or addition lo the Memorandum & Artides of Associatr)n of the Company shall be made without the prior writter) consenl of the Department and in the event of such altemation, amendment or addition being made without the Department's prior written consent, the Company shall, if so required, repay to the Department the grant or such part thereof as the Department may lawfulty require. 25. Relatad parties During the year, the charity did not enter into any transactions wilh a rèlated paty. No amounts were outstanding at 31st March 2024. All transactions were conducted on normal commercial terms and negotiated on an ann's length basis. in line ryth the policies and procedures of the charity. 37
The following pages not fomi part of the financial statements 38
Youth Link Nl Company Llmited by Guarantee Detailed Statement of Financial Activities Year ended 31 March 2024 2024 2023 Income and endowments Donations and legacies Donations 941 1,853 Charftable actlvltles The Methodist Church in Ireland The Presbyterian Church in Ireland The Church of Ireland Amiagh Diocesan Youth Council Diocese of Derry Down & Connor Diocesan Trust Clogher Diocesan Office Kilmore Diocese Diocese of Dromore Education Authortty Degree Programme Belfast City Council Irish Youth Foundation The Halifax Foundation Course fees D8partrnent of Foreign Affairs & Tradè - R8concli iation Fund Nl Communily Relations Council Irish American Partnership European Union Programme for Peace & Reconcifiation 20142020 European Union Programme for Peace & Reconciliation 2014-2020- Partner Organisations SEUPB- Empower to Transfcmi The Executive Office The Rank Foundation 11.753 11,753 11,753 4.701 4.701 9.401 1,175 1,175 2.350 7,500 52,327 11,523 11,523 11,523 4.609 4.609 9.217 1,153 1,153 2,304 49,303 136,161 160.000 6,000 7.000 30,593 56,984 51,125 7,922 33,601 55,694 7,900 352 (17,684) 10,098 59,804 29.615 49,984 34,000 371,730 572,925 Other tradlng actlvitles Rental of facilities 10,561 16,151 Investment income Bank interest 3.325 1,932 Other income Other income 133 4,699 Tolal income 386.690 597,560 39
Youth Link Nl Company Limited by Guarantee Notes to the Detailed Statement of Financial Activities Year ended 31 March 2024 2024 2023 Expenditure on charitable activities Youth Work & Ministry Activities undertaken dire¢tly Wages and salaries Employels NIC Pension costs Redundancy payments Comrnunity Relations programmes The Department of Foreign Affairs Annual Reconcillallon Fund Degree programme Belfast City Council programme Irish American Partnership OCN Registration Costs TBUC Camp Staff development Tutor Costs Travel expenses European Union Programme for Peaco & Reconciliation 201&E2020- Partner Organisations SEUPB- Empower to Transform EA Grant Repayments EA Newcorners Young people EA Faith Based Youth Work EA Youth Leadership Recrustment 253,185 19,019 22.787 352,426 29,400 30,671 11,626 S,$42 6,453 87,529 55,228 1,800 16.809 2,322 55.410 7,987 5.219 5,889 3,184 15.883 5,361 3,842 24,018 4,998 {17,6841 15 9.148 2,235 2.990 5,667 540 413,610 615.889 Support costs Wages and salaries Employerfs NIC Pension costs Light and heat Repairs and maintenance Snsurance Telephone Comrnunication, publictty. and advertising Depreciation Printing, postage, and stationery Sundry costs Staff Meetings IT and website costs Resources 5,918 10.516 175 946 8,228 8,755 6,490 6,544 707 77,412 4,162 2,370 533 9,115 8.301 5.633 2.061 74.854 3,119 1,981 834 8,875 4.088 121.224 130.877
Youth Link Nl Company Llmited by Guarantee Notes to the Detailed Statement of Financial Activities (conUnu•dJ Year ended 31 March 2024 2024 2023 Governance costs Auditor Remuneration Legal and Professional Fees Governance costs - other finan costs Management Committee Costs 5,210 3.492 326 156 5,952 3.917 565 482 9,184 10,916 Expenditure on charitable activities 544.018 757.682 Net expenditure {157,328) (160.122) 41