Registered number N1066947 Charity number XR17927 Comber Youth for Christ Limited Report and Accounts for the year ended 31 December 2023 Illlllllll *ADCB09WH• 2410912024 COMPANIES HOUSE A11
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Comber Youth for Christ Limited Report and accounts Contents Pago Company Infomiation Trustees. report Accountants, report Statement of financial activities Balance Sheet Statement of changes in equty Notes lo the account8
Comber Youth for Christ Lim•ted Company InforniaOn Truste Robert Dalzell (resigned 6 June 2024) James Finlay Michael Gibson Judith Hoey Laura Kerr (resigned 8 June 2024) Naimh MGElroy (resigned 9 July 2024) Daniel Rosbothham (resigned 26 September 2023) Roberta Watson Gordon Crozier Victoria Lloyd (appointed 10 October 2023) Anne Johnston (appointed 27 May 20241 Alison Balzer (appointed 27 May 2024} Accountants SJO Accountants Ltd 37 Movilla Street Newtownards Co Down BT23 7JQ Regl•teMd offl¢• 49 Bridge Street Comber BT23 6DZ Regl8tered number N1066947 Charlty number XR17927
Comber Youth for Christ Limited Registered number: N1066947 Trustees. Report The trustees present their report and accounts for the year ended 31 December 2023. Prlnclpal activiti•8 The company's principal activty during the year continued to be that of a youth outreach programme. Trust•e8 The following persons served as directors during the year.. Robert Dalzell (resigned 6 June 2024) James Finlay Michael Gibson Judith Hoey Laura Kerr (resigned 6 June 2024) Naimh McElroy (resigned 9 July 2024) Daniel Rosbolhham (resigned 26 September 2023) Roberta Watson Gordon Crozier Victoria Lloyd (appointed 10 October 2023) Anne Johnston {appointed 27 May 2024) Alison Balzer (appointed 27 May 2024) Dlrectors, respon8lbllltle8 The diredors are responsible for preparing the report and accounts in accordance with applicable law and regulations. Company law requires the directors to prepare accounts for each financial year. Under thal law th6 director$ have elected to prepare the accounts in accordance with United Kingdom Generally A¢cepled Accounting Practice (United Kingdom Accounting Standards and applicable lawl. Under company law the directors must not approve Ihe accounts unless they are satisfied that they give a true and fair view of the slate of affairs of the company and of the profit or108s of the c¢>mpany for Ihat period. In preparing these a¢¢ounts. the directors are required to.. select suitable accounting policies and then apply them consistently; • make judgements and estimateg that are reasonable and prudent; prepare the accounts on the going concem bagis unless it 1$ inappropriate lo presume thal Ihe company will continue in business. The directors are responsible for keeping adequale accounting records that are sufficient to show and explain the compan$ transactions and disclose with reasonable accuracy at any time the Ilnanclal posltion of the company and enable Ihem to ensure that the account8 comply wllh the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Disclosure of Inforniation to auditors Each person who was a director at the time this report was approved confirms that.. • so far as he is aware, there is no relevant audit information of which the Company's auditor is unaware: and
Comber Youth for Chrf8t Limited Registered number= N1066947 Trustees, Report he has taken all the step8 that he ought to have taken as a director in order to make himself aware ol any relevant audit information and to establish that the companys auditor is aware of that infomalion. Small company provlsions This pOrt has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. This report was approved by the board on 23 September 2024 and signed on its behalf. James Finlay Trustee
Comber Youth for Christ Limited Accountants. Report Indopendent examiners, report to the chartty trustees of Comber Youth For Christ Limited We report on the account$ for the year ended 31 December 2023, which are set out on page5 5 - 7. Respectlve rnsponsibilities of charity trustees and examiner As the charity's trustees (and also the directors of the company for the purposes of company law) you are responsible for the preparalion of the accounts in accordance with the Companies Act 2006. Having satisfied ourselves that the charity is not subjecl to audit under company law, and is eligible for an independent examination, it is our responsibility to.. - examine the accounts under section 65 of the Charities Act follow the procedures laid in the general Directions given by the Charity Commission for Northern Ireland undef section 65(9){b) of the Charities Act - state whether particular matters have come to our attention. Basis of independent examiners. report We have examined your charity accounts as required under section 65 of the Charities Act and our examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65 {9){b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented within Ihose records. It also included consideralion of any unusual items or dlsclosures In the accounts, and seeking explanations from you, as charity trustees concerning any such matters. Our role is to state whether any material matters have come to our attention, giving us cause to belleve-. 1. That the accounting record8 were not kept in xcordance with section 388 of the Companies Act 2006 2. That the accounts do not accord with those accounting records 3. That the accounts do not comply with Ihe accounling requirements of section 396 of the Companies Act 2006 and with the methods and prlnciples of the Charities Statement of Recommended Practice applicable lo ¢harilie$ preparing their accounts in accordance with the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland 4. That there is further infomiation needed for a proper understandin9 of the accounts to be reached. Independent Examiner8. Statemant We have completed our examination and have no concerns in respect of the mafters11) 1014) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, we have found no matters that require drawing to your attention. do 4cLodntonb LEd , SJO ACuntantS Ltd Chartered Management Accountants 37 Movilla Street Newtownards Co Down BT23 7JQ 23 September 2024
COmr Youth for Chrl•t Llmlted Statement of Flnanclal A¢tivitleg for the year ended 31 De¢ember 2023 2023 Ilnrnstrict•d Funds 2023 Restri¢ted Funds 2023 2022 Totsl Total Incomlng RourceS 61,936 46,631 108.567 83,S74 Costs ol generating voluntary income 992 7,061 8.053 4,583 Gro89 surplus 39,570 100.514 78,991 Charitable expenditure Other operating income 65.227 54.321 119,548 89.620 16 Not Incomlnglloutgolng} rnsources (4,283) (14.751) 119.034) (10,6291 Interest re¢eivabki 32 32 18 Net movemont In funds 4,251 19.002 10.613 Reconclllatlon of funds Fund balance at 1 January 2023 72.859 47.926 120.785 131,398 Translgrn betw••n fund• Fund balance at 31 Do¢ember 2022 68.608 33.175 101.783 120,785
Comber Youth for Christ Limited Reglstered number: Balanc• Sheet as at 31 De¢ember 2023 N1066947 Notes 2023 2022 Fixed assets Tangible assets 148.982 165,371 Current assets Oeblors Cash at bank and in hand 2.132 15,942 18.074 2,495 30,594 33,089 Creditors: amounts falllng due withln on• year (8.092) (9,433) Not current a8ts 9,982 23,658 Total as80ts 1•s8 currnnt 1Sabiliti8s 158,964 189,027 Crodllorn: amount8 falllng du• after more than one year (57.181) (68,242) N•t as8•ts 101,783 120 785 Total Funds General Funds Restricted Funds 68,608 33,175 72,859 47,928 Shargholdor8' fvnd8 101,783 120,785 The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of th8 Companles Act 2006. Th8 members have not requifed the company to obtain an audit In accordance wilh section 478 of the Acl. The directors acknowledge their responsibilits'es for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. The accounts have been prepared and delivered in accordance with Ihe special provisions appIlble to companie$ Subject to the Small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. James Finlay Trustee Approved by the board on 23 September 2024
Comber Youth for Christ Llmlted Statement of Changes in Equity for the year ended 31 December 2023 Share Share Re. Profit capitsl premium valuatlon and1088 reservè account Total At 1 January 2022 131.398 131,398 Loss for the financial year {10.613) (10,613) At 31 Docgmb•r 2022 120,785 120,785 At 1 January 2023 120,785 120,785 Loss for the financial year (19,002) (19,002) At 31 DO¢8mr 2023 101.783 101.783
Comber Youth for Christ Limited Notes to the Accounts for tho year ended 31 December 2023 1 Statemgnt of Trustees Responsibiltties The rules of the Charity require thé Trustees lo prepare accounts for eath flnanrial year which give a true and fair v¢ew of the Stale of affairs of the Charity and of the surplus or deficit for that peiiod. In preparing those accounts. the Trusths are requi to: - se*1 suilabie 8ccounlin9 polici85 and then apply them consistenly,. - make judgements and estimates that are reasonable and prudentr. and PTepare the 8ccounls on the going concern b•$i$ unless it is inappropriate to presume thai th• Charity wlll continue In business. The Trustees are spOnsIble for maintsining proper accounting records under Section 63 of the Charit¢es Act (Northem Ireland) 2008 which are sufficient lo show and explain all th¢ Charity's Iransadion.. which afe such as lo dlsclose with reasonable arxuracy the finaneAal poslion of the Charity.. and which enable the trustees lo ensure that the accounts prepared comply with section 64{1) of the Act. They are atso responsible for safeguarding the a$sets of the Charity, including the maintenance ol adequate p[ocedu$ to prevent and delect fraud and 0thg1 irregularities. 2 Accountlng pollclej Accounting Convention The 8ccounts are prepared undef the historic cost convenl¢on. They compty with the requlrements ol Slalemenl of Recommended Practice 'Ac¢ouniin9 and Reporting by Chorlllgs, I'SORP'I and are in accordance wllh applicable accounting standards. G•n•rnl Accumulat•d Funds General accumulatsd funds are unrestricted funds avaitable to the Charity for its golloral purposas and include funds designated by Ihe Chanty for a particular Pufpose,. the use of such fvnds remains al the discretion of the Charity's Tiuslees. Restrl¢ted Funds Reslricled funds are funds sutyecl to reslriclions imposed by the donor or by Ihe specific terms of the app641 und6r whi¢h the lunds are raised. Thfr rnjtrictions are binding upon Ilje Company. Income All income is accounted for when the Charity has entillemenl, there 1$ certainty of receipt and the amoLtnt is measurgble. Governance, hlan8g•ment & Admlnlstratlon Govemance, management and admlnistration expensos rètsie lo th• whole of Ihe Charllrfs aclivili85 and proportion of these charges ar• allocated lo expen¢Jilur¢ headings on a ba$1$ that is consislenl with the use ol the r8sour¢¢$. Tanglble I1x assets Tangible T@d assets are meaSud at cost 18$$ acmulative depreaation and any accLxnulatlV8 impalmienl losses. D8precialion 15 provhyed on all tangible fixed assets. other than freehold land arwj buildings, at rates al¢ulaled Io Wfile off the Cost. kss e$limated residual value. of each asset, as follows.. Freehold land and buildings Leasehold land and buildings Plant and machinery not depCiated over the lease le 25% reducing balanc
Comber Youth for Chrl8t Llmlt•d Notes to the Accounts for the year ended 31 Decembw 2023 Stocks are measured at the l¢ywer of cost and esb"maled selling price less costs to compkte and sell. Cost is delemined u$in9 the first in first out method. The Gqrrylng amount of Stock sold is recognised as an expense in thè period in which the related revenue is recognised. Debtors Short lern debtorn are measured at tr8n8action price (which 1$ uSUaY Ihe Involco prlce). les$ any impaim8nt losses for bad and doubfful debts. Loans and other financial assets are initially ffjcognised al transaction price includin9 any transaction costs and subsequently rneasured al amortised Cost determined usin9 the effective interest method, less any impairment losses for bad and doubtlul debts. Credltors Short lem credllors are measured at tr8nsaction prlc4 (which Is usually the Involce price). Loans and othor ffinancial liabilities are inilialty recognlsed at transaction price net of any transath'on costs and subsequently measured at amortised cost determined usin9 the effective interest method. Taxat1¢ No lax has been provkle¢J in thése accounts bocause the income of the charity is Ylilhln the exemption granted by Sections 486493 of Ihe COoI8t40n Taxes Act 2010. Penslons Conlrlbut6on8 to defined contsibullon plbns are expensed in tho porlod 10 which they relate. 3 Employees 2023 Number 2022 Number Average number of persons employed by the company 4 T•nglbl• Ilx•d a*ts Fmhold bulldings L•asohold bulldlngs Plant & machlnory Total C08t At 1 January 2023 Al 310ec4mber 2023 104.498 104.498 159,972 159972 20,233 284,703 284.703 Deproelatlon Al l January 2023 Charge for the year Al 31 December 2023 102.374 14,751 117.125 16,958 1,638 18,596 119,332 16,389 135,721 Net book value At 31 December 2023 104,498 42,847 148,982 At 31 December 2022 104.498 57.598 3,275 165.371
Comber Youth for Christ Limited Noles lo the Accounts for the year ended 31 December 2023 S Debtors 2023 2022 Accwed Income 2,132 2.495 6 Credltorn.. amounts falllng due wlthln on• y•ar 2023 2022 Bank108ns and overdrafts Taxation and 50ci81 security costs 7,800 1,633 9.433 1,592 8,092 7 CredltorJ'. •mounts f•lllng duo aft•f ono y•ar 1023 2022 Loan Other creditors 57.181 80.742 7.500 8 Sl•t•m•nt ol Fund• Al 3111212022 In¢om• Exp•ndltsf• Trnn•l•T• At 31112r2023 Ggneral Reserve8 72,859 61,988 {86.219) 88,808 Totsl Unreslrl¢18d lund$ 72.859 61,968 88.219 68.808 Restricted Reserve 47.926 46,631 (81,382) 33,175 Tolal Reslricled ReseNes 47,928 46,631 61,382 33.175 R•Jtrlct•d res•rves: Renovalion wort5 John Alcheson pcsp EA Joseph Rank Trust Asda grant . renovallon8 47.926 (14.7511 {17,5001 (6.6251 {10,5061 (10,0001 12.0001 33.175 17,500 6,625 10.506 10.000 2,000 Total rejlrlcted fund• 47,926 46,631 61.382 33.175 The reslri¢led serveS relate to an Education Authorlty Grant for th& fenovallon and rebuikl of the building liom which the charity operates. 10
Comber Youth for Christ Limited Notes to the Accounts for the y•ar ended 31 Decembef 2023 9 Trustees None ol the trustees lor any person connected with Ihem) chel¥8d any remuneration during the year. and none of them were reimbursed for Iravelling expenses. 10 Other Infomiatlon Comber Youth for Christ Limited is a private ¢ompany limited by guarantee and in¢owrated in Northem Ireland. Ils wistered offira is.. 49 Bridge Slmel Comber 8T23 6DZ
Comber Youth for Christ Limlted Detailed profit and loss account for the year ended 31 December 2023 Tris schedule do8s not fomi pgrtof the Statutory accounts 2023 Unvestrl¢t•d Funds 2023 Regtrlcttd Fund8 2023 2022 Total Tot*1 Incomlng Resources General Oonalions Gfft Ald Income Fundraising Income Grant Income Summer Stheme Other 44,745 44,745 37.984 8,909 10,742 23,717 1,506 2,716 83,574 4,628 6.000 4,828 52,631 46.631 6,565 61,936 6,565 108,567 46,631 Coot of G•norntlng Fund• Proje¢l Costs Other direct costs 7.061 7.081 4,583 4.583 7,061 8.053 Admlnlstrallv• expens•s Youth Work Costs Wages and salarles P¢nsion$ Staff IrainiThJ and wella 21,701 1,141 1,012 23.854 35,070 56,771 1,141 1.012 58.924 51,855 1,120 3,127 56,102 35,070 Premises $ts.. Rates Llghl and heal Clganing 192 1.176 1,725 3,093 192 3,676 1,725 S,593 195 1,292 1,613 3,100 2,500 2.500 General adminislralive expenses: Telephone and fax St8lionery and printing Sub$¢riplions Bank charga8 Insur8nce Equipm•nl exponsed Sothv8re Repaits and maintenance DepclaI10n Mortgage inter•81 and chafges 1,833 1.833 818 906 267 119 2,638 290 96 6,809 16,823 1,639 30,405 277 125 2.148 528 277 125 2.146 528 30,079 1,838 1,639 38.267 2.000 14.751 32,079 16,389 1,639 16,751 Legal and profession81 cosl$'. other legal and prole$slono1 13 13 13 13 13 13 Total charrtable expandlture 54.321 119.548 89,620 Other op•rallng Incom• Interest receivab 32 32 12