The Charity Commission fo,- Northern Ireland Registration No. NIC103674
HOLY FAMILY YOUTH CENTRE
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Tony Clarke
53 Andersonstown Road
Belfast
BTII 9AG

HOLY FAMILY YOUTH CENTRE
CONTENTS
PAGE
General Information
Annual Report of the Trustees
Independent Examiner Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
10-16

HOLY FAMILY YOUTH CENTRE
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
GENERAL INFORMATION
CHARITY NAME
HOLY FAMILY YOUTH CENTRE
REGISTERED CHARITY NUMBER
Charity Commission Nl
NIC103674
Approved 23 Sept 2015
CHAIRPERSON
George Walsh
CHARITY TRUSTEE'S
Claire Joudah
Bronagh Diamond
Marie Mclvor
Mairead Walsh
George Walsh
Maria Wilson
Lisa Mccann
PUBLIC ADDRESS
Holy Family Youth Centre
224a Limestone Road
Belfast
BT15 3AP
INDEPENDENT EXAMINER
Tony Clarke
53 Andersonstown Road
Belfast
BTII 9AG
BANKERS
First Trust Bank
11-15 Donegall Square North
Belfast
BTI 5GB

HOLY FAMILY YOUTH CENTRE
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
ANNUAL REPORT OF THE TRUSTEES
Trustees present their report and the unaudited financial statements of the charity for the year
ended 31 March 2023. The trustees have adopted the provision of the Statement of
Recommended Practice ISORP) 'Accounting and Reporting by Charities, (FRS 102) in preparlng the
trustees report and financial statements of the charity.
Reference and Administrative Information
The name of the charity's trustees at the date this report wa5 approved 3re listed on page I,
together with the address of the principal off ice of the charlty and the charity's re8iStration
numbers.
Objectives and activities
To provide, maintain a nd promote facilities and activities of a socSal, splritual, educational and
recreational nature with the objective of improving the conditions of life of children and young
people withln the locality of Holy Family Parish and beyond without distinction of gender, sexual
orientationi pol itical, religious or other opinion.
Publlc benefit statement
The direct benefits which flow from this purpose include an increase in social skills, Improvement
In emotional well-bein8, improved positive educational outcomes and increased spiritual
development in the lives of local young people. This purpose wlll also provide improvements to
overall community life. We regularly monitor the benefits through feedback and review sessions
with members and parents, programs evaluations and through attendance records. Primary
beneficiaries would be the young people aged between 8-25 attending the youth centre.
Secondary beneficiaries would be the parents of the young people and the wider community.
There is no harm relating to the delivery of our services. There is no private benefit for anv
ind ivid ual as a result of our activitles.
Programmlng
We operate from our premises 6 evenings per week and our nightly Drop in facllity Is key as a first
point of contact for a lot of the young people we work with. It is often where we can first develop
the relationship to a point when personal and group development work can then take place. We
try to create a relaxed and friendly atmosphere where young people can come to arbd enjoy the
ompany of other young people and chat with our youth workers. The sport hall is well used with
football being the main sport played although we have an equipment store that can be utilised to
set up game sessions which prove very popular, especially with the junior section of the club.
Crucial to the delivery of ourjunior sessions is the involvement of some senior members in
volunteering their time to help out.
We operate late night and weekend sessions in a bid to involve as many young people as we can
and Friday nights are a particular draw when we cook a nutritious meal for those attending.
Ourjunior sessions continue to be delivered to 2 distinct groups to enable us to offer the children
age-appropriate sessions. These sessions were first split as a result of Covid 19 restrictions but we
decided to continue to go with the split sessions as numbers were so high. Children in year 3 to
year 5 were put into one group with year 6,5 and 7's in the other group.

HOLY FAMILY YOUTH CENTRE
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
ANNUAL REPORT OF THE TRUSTEES CONTINUED...
Programming Continued ...
This has proved to work very well as we were able to focus on the needs and tailor the activities
to best fit each group best.
Outreach and Detached Work
We continued with our Outreach and Detached work which was developed and crucial over the
lockdown period in keeping in touch with young people and their families. At times we were put
Into the position of a de facto policing team when dealing with incidents of violence at the
interfaces in the area, particularly in Alexandra Park.
Thls method of engagement has proved to be very beneficial In the past year and looklng forward
we will continue to utilise this form of work within our overall approach to engage with and help
young people develop their skills.
Communlty Events
We continued to involve young people in the organisation of positive Community Events in the
area throughout the year and feel that this was a key factor In the youth centres approach to
working with the wider community and to help educate and involve young people in creating
change within their community.
It was a chance for young people to build on their social capital and to demonstrate the positive
partlcipation that young people can have in their community.
The Lark in the Park that has been organised each year is an event that sees young people taking
on a vital role in the planning and delivery of a Community Festival in their local park. The Lark
doubles up as a diverslonary event as it takes place in Alexandra Park on the 12th of July, a day
that has traditionally seen a rise in tension in North Belfast.
Christmas 2022 saw all the elves busy transformlng the youth centre into a walk through Wlnter
Wonderland and this proved a great success with 280 children and young people attending with
their families, visiting Santa and taking part in activitles on the route. Again this was an event that
could not have taken place without all the young people giving their time up to organise and
volunteer.
Interface
A5 Holy Family premise5 Slt on the main Interface on the Limestone Road and our local park in
divided we cannot hide from the issues taking place. And while we can 211 agree that the
Limestone area has transformed for the better over the years, we unfortunately continue to see
voung people engaging in negative Sectarian behaviours at the interfaces in the area. Frorn 3
youth work perspective it saddens us to see young people making these negative choices that can
have such a detrimental effect on not only their live5 and future prospects, but also on families on
both sides of the interface.
Our staff have worked tirelessly to create opportunities for young people to get involved in
positive activitles, but quite often we are dragged away, and what seems like dragged back in
time, to help deal with these incidents, often involving young people who travel to the area to
cause trouble. Our message is simple- It is not wanted, so stay away if you are intent on causing
trouble.

HOLY FAMILY YOUTH CENTRE
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
ANNUAL REPORT OF THE TRUSTEES CONTINUEO...
Programmlng Contlnued ....
Health and Fltness
Another way we were able to engage with young people in a positive manner was the use of
Sport and Fitness, especially when using the outdoor environment. We were able to use football
sessions in the Waterworks Multi-sports Facility to engage with large numbers of young people
over the weekends when there was a tendency for an increase in negative and perceived anti-
social behaviour in the parks and at the interfaces in the area.
With other sessions incorporating boxing sessions with Newington Patsy Quinn Gym, mountain
biking, treks in the hills, coastal walks and park activities we were able to safely engage with
young people and their families and better appreciate the local outdoor environment, and with
the beautiful Cavehill literally on our doorstep we find it a great place for young people land staff)
to challenge themselves both physically and mentally to take on the hill.
It has also proved to be a great place for a bit of reflection,
Fundlng
We were able to receive funding from Belfast City Council for a number of events such as the Lark
in the Park and our Winter Wonderland event and for an environmental project in Alexandra
Park. The Lottery also supported us with two grants in this period which we will still be delivering
over the next year.
During the second half of the year we were also faced with the real possibility of our servlces
being curtailed and restricted as a result of a 25Yo Cut to funding that was put onto the voluntary
and community sector. During this period young people took part in protest rally's and
demonstrations where they articulated their feelings on cut5 that would ultimately affect their
services and see the reduction in our opening hours.
Going forward we will be looking to further diversify our sources of funding to ensure there is no
over reliance on one source of funding.
Stafflng
In October 2022 we welcomed BJ McKevitt as Senior Youth Worker following the retirement of
Martin Kelly, following his 18 years at the helm and we would like to put on record our thanks to
him for his service over this period and wish him well in the future.
At Holy Family we recognise the importance of encouraging continuous Staff Training and Skills
Development and keeping up with up to date with training in regards to child and youth
development and child protection legislation.
We do this by supporting staff financially, the development of a resource library and by offering
vocational training courses.
In the past year we have had 3 members of staff attending Ulster University completing their
Community Youthwork degree and 2 young people supported through Dept for Communities
Jobstart Scheme.

HOLY FAMILY YOUTH CENTRE
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
ANNUAL REPORT OF THE TRUSTEES CONTINUED...
Premises and Resources
Our premises on the Limestone Road are crucial for us to deliver our youth and community work
and during this period we were successful in submitting an application for capital works to the
Department of Education.
Our initial plan was to split the sports hall and build a new level that would accommodate
additional groupwork space and a dance studio but this was deemed to be outside the realms of
the work so we will be changing the layout of the ground floor to better suit the work for the
future. This work will include the installation of a working kitchen and relocation and
im provements to our toilet facil ities.
Although we were succe55ful in our appllcation for the refurbishment it seems that due to
budgetary matters no work will be commencing in the foreseeable future,
We therefore have had to carry out some minor maintenance works ourselves when required to
help maintain a safe and welcoming environment.
Our minibus, received in January 2022 has also proved to be an invaluable resource for us,
particularly over the summer months and when young people are off school.
We have also been very fortunate through a serie5 of successful funding applications to enable us
to replace and renew old pieces of equipment and to identify and purchase further equipment for
us to engage best with young people and the wider community.
One issue we are having with these resources is where to store them as we would have limited
storage space in the youth centre, An issue to look into, but a good one to have I
Financial review
The results for the year are set out on page 8 & 9. The charity returned net outgoing resources for
the year of £3,822 {2022:£17,8881. At 31 March 2023 the total funds of the charity amounted to
£47,09312022'.£43,271) of which restricted funds were £14,92012022:£10,3791 and £32,173
12022..£32,892} were unrestricted.
Reserves pollcy and golng concern
Of the total funds reported above, £39,4961s made up of cash at the bank. The trustees are
confident that the cash reserves, tO8ether with expected future incomes, will be sufficient to
meet the worklng capital requirements for the forthcoming year. The trustees have also
considered the extent to which existing activities and expenditure could be curtailed, should the
need arise.

HOLY FAMILY YOUTH CENTRE
FINANCIAL STA I EMENTS
FOR TklE YEAR ENDED 31 MARCH 2023
ANNUAL REPORT OF THE TRUSTIES CONTINUED...
Plan for the future
To maintain the same level of seirvices in the ar￿•￿a.
Structure, governance ar7d management
Holy Fani ily is a r'egistered chtsrity, num be" Ni ICII)3674 and Is governecl bil it coiistitution.
New trustees are appointed wheii ap[Iropriate. Sui+able caiio'idates abe considered on the b3sis of
their skills, experience and sympaihy witli ihe aims of thL' charity. New trustcJe5 will be agreed at
a trustees meeting before being iniiited to join.
Responslbllltles of Trustees
As the charity's trustees we are aware of our responsibilitles for the preparation of the accounts
It Is also our responsibility to:
select sultable accounting policies.and then apply them consistently
make judgements and estimates that are responsible and prudent
prepare the financlal statements on the going concern basis unless it IS
inappropriate to presume that the company ￿*111 continue in business.
The Trustees are responsible for keeping adeqijate accounting records that are sufficient to show
and explain the charity's transactions and disclose with reasonable accuracy at any time the
financial position of the charity and enable them to ensure that the financial statements comply
with CCNI guidelines. The Trustees are also responsible for safe8uarding the assets of the charity
and hence to take reasonable st.ep5 to prevent arid detect fraud and other irregLJlarities.
Disclosures of Informatlon to Independent Examiners
To the knowledge and belief of the Ti'ust'ees there is no relevant information of which the
organisation's independeiit examirieraf dre not aware, The Trustees have takeii all the.necessary
steps of which they are aware, p", oijided relevant informatiori and eslablished that the
organisation's independent exaininers are aware of the information.
signed on behalf of the board of the Trusiees
George Walsh
Chairperson
Date

HOLY FAMILY YOUTH CENTRE
FINANCIAL STATEMENTS
FOR THE YEAR INDED 31 MARCH 2023
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HOLY FAMILY YOUTH CENTRE ON THE
UNAUDITED FINANCIAL STATEMENTS
I report on the accounts of Holy Family Youth Centre for the year ended 31 March 2023, which are
set out on pages 8 and 9.
Respectlve responsibilities of charlty tru5tee5 and the examiner
As the charity's trustees you are responsible for the preparation of the accounts in accordance with
the Charities Act (Northern Ireland} 2008.
It is my responsibility to:
exarrine the accounts under section 65 of the Charities Act
follow the procedure5 laid down in the general Directions given by the Commission under
sectlon 65191(b> of the Charities Act
state whether particular matters have come to my attentioi).
Basis of Independent Examlner's report
I have examined your charity accounts as required under section 65 of the Charities Act and my
examination was carried out in accordance with the general Directions given by the Charity
Commission for Northern Ireland under sectlon 65(9){b) of the Charities Act,
My examinatlon Included a review of the accounting records kept by the charity and a comparison
of the accounts presented with those records. It was also included consideration of any unusual
items or disclosures In the accounts, and seeking explanations from you as charity trustees
concerning any such matters.
My role is to state whether any material matters have come to my attention giving me cause to
believe:
That accounting records were not kept in accordance with section 63 of the Charities Act
That the account5 do not accord with those accounting records
That the accoL)nts do not comply. with the accounting requirements of the Charities Act
That there is further information needed for a proper understanding of the accounts to be
reached,
Independerit examinerfs Statement
I have completed my examination and have no concerns in respect of the matters11) to (41 listed
above and, in connection with followlng the directions of the Charity Commission for Northern
Ireland, I have found no inatters that require drawing to your attention.
Tony Clarke
53 Andersonstown Road
Belfast, BTII 9AG
Date:

HOLY FAMILY YOUTH CENTRE
FI￿ANCIAl STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE
ACCOUNT)
Year to
31-Maf-23
TOTAL
Year to
31-Mar-22
TOTAL
Unrestricted Restricted
Note
Income from:
Generated Funds
Charitable Activities
185,073
185,073
24,326
238,733
75,721
24,326
Total Income
24,326
185,073
209,399
314,454
Expenditure on:
Cost5 of Generating funds,,
Charitable Activities
Governance Costs
Total Expenditure:
30,732
1,405
32,137
173,440
204,172
1,405
205,577
294,672
1,893
296,566
173,440
Net Income / {Expendlture)
{7,811)
11,633
3,822
17,888
Transfers between funds
7,092
17,092)
Net movement In funds
{7191
4,541
3,822
17,888
Reconclllation of Funds
Total funds brought fonvard
12
32,892
10,379
43,271
25,383
Total Funds carried forward
12.
32,173
14,920
47,093
43,271
The statement of financial activities includes all gains and losses recognised in the year.
All incoming resources and resources expended derive from continuing activities,
The notes on page 10 to 16 form an integral part of these accounts

HOLY FAMILY YOUTH CENTRE
FINANCIAL STAI EMENTS
FOR TAL I'EA9 ENDED il MARC14 2023
BALANCF. SHF.ET
2023
2022
Note
Fixed Assets
Tangible Fixc.d A).set<
14,'J02
74,4Q2
78,125
78,125
Current Assets
Cash at bank
Debtors
39,496
35,333
39,496
35,333
Creditors: amounts fallln8 dup within gne year
(5,097)
16,2611
Net Current Assets
34,399
29,071
Long Term liabilities
Government Grant
11
161,708)
{63,9241
Total Assets le55 Liabilltles
47,093
43,272
Funds
Restricted
unrestrictè.d
12
12
14,920
32,173
10,379
TOTAL FUNDS
47,093
43,271
The financial statements were approved by ihe board of dircctors on
were signed on their LJe4alf by..
202<......... and
George W£ilsh
Trustee
Date

HOLY FAMILY YOUTH CENTRE
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARC.H 2023
NOTES TO THE ACCOUNTS
l Accounting pollcies
Charlty information
Holy Family Youth Centre is a private company limited by guarantee incorporated in Northern
Ireland. The registered office is: NeiNinEton Youtli Club, 224A Limestone Road, B&lfast, BT15 3AP.
1.1 Accountlng conventlon
The financial statements are prep31.ed under the historical cost convention and comply with
financial reportir)g standards for Smaller Entities and the Statement of Recommended Practice
150RP) Accounting and Reporting by Charities" effective January 2015, This has been adopted in
these financial statements. The principal accounting policies are set out below,
The financial statements are prepared in sterlingi which is the functional currency of the charity.
Monetary amounts in these flnanclal statements are rounded.to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to
Include the revaluation of freehold properties and to include investment properties and certain
financial instruments at fair value, The principal accouiiting policies adopted are set out below.
1.2 Golng concern
At the time of approving the financial statements, the trustees have a reasonable expectation ihat
the charity has adequate resources I'o coritinue in operational existence for the foreseeable future.
Thus the trustees continue to adopt the golng concern basis of accounting in preparing the
financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their
charitable objectives unless the funds have been designated for other purposes.
Restricted funds are subject to specific conditions by donors a5 to how they may be used.
1.4 Incomlng resources
Income is recognised when the charity is legally entitled to it after any performance condition5
have been met, the amounts can be measured reliably, and it is probable that income will be
recelved.
Cash donations are rpcognised on receipt. Other donations are recognised once the charity has
been notified of the donation, unless performance conditions require deferral of the amount.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is
recognised at the time of the donation.
Turnover is measured at the fair value of the consideration received or receivable and repre5LJnts
amounts receivable for goods and services provided in the normal course of business, net of
discounts, VAT and other sales related taxes.
10

HOLY FAMILY YOUTH CENTRE
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
NOTES TO THE ACCOUNTS CONTINUED...
1.5 Resources expended
Lia bilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expenditure, it is probable that a transfer of economic benefits will
be required in settlement and the amount of the obligation can be measured reliably.
Expenditure is accounted for on an accruals basis and has been classified under headings that
aggregate all cost related to the category.
The charity is below the charity audit threshold and therefore is exempt from reporting
expenditure on an activity basis. The charity has opted to report by the nature of expenditure
rather than on an activity basis.
1.6 Tanglble flxed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation,
net of depreciation and any impairment losses.
Depreciation is recognlsed so as to wrlte off the cost or valuation of assets less their residual values
over their useful lives on the following base5'.
Capital
Equipment
50 years straight-llne
25% reducing balance
1.7 Cash and cash equlvalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term
liquid investments Wlth original maturities of three months or less, and bank overdrafts. Bank
overdrafts are shown wlth in borrowings in current liabil ities.
1.8 Flnanclal Instruments
Financial instruments are recognised in the charity's balance sheet when the charity becomes party
to contractual provisions of the Instrument.
Financial assets and liabilitles are offset, with the net amounts presented in the financial
statements, when there is a legally enforceable right to set off the recognised amounts and there is
an intention to settle on a net basis or to realise the asset and settle the liability simultaneously
11

HOLY FAMILY YOUTH CENTRE
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
NOTES TO THE ACCOUNTS CONTINUED...
1.9 Basic fina ncial assets
Basic financial 3ssets, whicli include debtors and cash aiid bank balances, are initially measured at
trartrsaction price including transaction costs and are subsequently carried at amortised cost usin8
the effective irtterest method unless the arrangement constitutes a financing tiansaction, where
the transaction is measured at the present Vdlue of the future. receipts discounted at a market rate
of interest. Financial d55ets classified as receivdble wit4in one year are not amortised.
1.10 Basic finartcial liabllities
Baslc f Ina ncial liabilities, includi ng creditors and bank loans are initially recognised at transaction
price unless the arrangement constitutes a financing transaction, where the debt instrument is
measured at the present value af the future payments discounted at a market rate of interest.
Financial liabilities classified a5 payable within one year are not arnortised.
Debt instruments are subsequently carried at amortised cost, uslng the effective interest rate
method.
Trade creditors are obligations to pav for goods or services that have been acquired in the ordinary
course of operations from suppliers. Amounts payable are cla55ified a5 current liabilities if payment
is d ue withln one year or less. If not, they are presented as non-current liabilities, Trade creditors
are recognised initially at transaction price and subsequently measured at amortised cost using the
effective interest method.
1.11 Derecognition of financial liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or are
discharged or cancelled.
1.12 Employee beneflts
The cost of any unused holiday entitlement Is recognised in the period in which the employee's
services are received.
Termination benefits are recognised immediately as an expense when the charlty is demonstrably
committed to terminate the employment of an employee or to provide termination benefits.
1.13 Crltlcal accounting estlmates and Judgements
In the appllcation of the charltV'J accounting pollcies, the trustees are required to make
judgements, esl.'imates and assumptions about the carrying amount of assets and liabilities that are
not readily apparent from other source.s. The estiinates and associated assLimptions are based on
historical experience and other factors that are considered to be relevant. Actual results may differ
from these estimates.
The estimates and underlying assumptions are reviewed on an on80ing basis. Revisions to
accounting estimates are recognised in the period in which the estimate is revised where the
revision affects only that period, or in the period of the revision and future periods where the
revision affects both current and future periods.
12

HOLY FAMILY YOUTH CENTRE
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
NOTES TO THE ACCOUNTS CONTINUED...
2 Generated Funds .
2023
2022
Unrestricted Restricted
Funds
Funds
TOTAL
TOTAL
Education Authority
Belfast City Councll
Big Lottery
CFNI & Other Grants
DFC
Grant Release
Totals 2023
137,453
5,550
15,420
15,152
9,283
2,216
185,073
137,453
5,550
15,420
15,152
9.283
2,216
185,073
223,013
5,209
7,795
500
2,216
238,733
Totals Z022
61,207
177,526
238,733
3 Activities for
eneratln
funds
2023
2022
Unrestrlcted Restrlrted
Funds
Funds
TOTAL
TOTAL
Generated income
Donations
Totals 2023
24,226
100
24,326
24,226
100
24,326
67,317
8,404
67,317
Totals 2022
67,317
67,317
4 Staff Costs and Numbers
2022
Wages and Salaries
130,489
130,489
108,741
108,741
No employee received emolumLnt.s of more than £60,00012022: None)
The average mcnthly number of eniployees during tlie year, calculated on the basis of full time
equivalents, was as follows.,
2023
Number.
17
2022
lumber
20
13

HOLY FAMILY YOUTH CENTRE
FINANCIAL JTATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
NOTES TO THE ACCOUNTS CONTINUED...
5 Ex
enditure on charitable activities
Analysis of resourLes expended
2023
2022
Unrestricted Restrlcted
Funds
Funds
TOTAL
TOTAL
Wages and Cleaning
Office Expense
Heat & Light
Telephone & Internet
Insurance
Postage & Stationary
Training & Courses
Repairs & Renewals
Programme Costs
Travel, Transport & Vehicle Expense
Depreciation
Equipment
Donations
Sanitary products
PPE
Total 2023
859
1,464
436
512
618
328
1,820
895
15,056
6,846
1,505
393
129,631
130,489
1,464
3,595
2,620
3,707
328
1,820
2,100
47,088
6,846
3,721
393
108,741
3,825
3,015
1,123
3,641
499
5,140
2,950
90,403
44,191
4,423
25,773
300
372
274
294,672
3,159
2,108
3,089
1,205
32,032
2,216
30,732
173,440
204,172
Total 2022
119,743
174,929
294,672
6 Accountancy
Bank Fees
Total 2023
720
685
1,405
720
685
1,405
1,200
693
1,893
Total 2022
1,893
1,893
14

HOLY FAMILY YOUTH CENTRE
FINANCIAL STATEVIENTS
FOR THE YEAR ENDED 31 MARCH 2023
NOTES TO THE ACCOUNTS CONTIN'JED...
7 Tan
Ible Fixed Assets
Other
Motor
Ca
ui
Total
COST
At l April 2022
Additlons
Disposals
80,790
6,529
25,918
113.237
At 31 March 2023
80,790
6,529
25,918
113,237
DEPRECIATION
At l April 2022
Charge for the year
Ellmlnated on dlsposal
11,088
5,515
253
18,510
1,852
35,113
3,721
At 31 March 2023
12,704
5,768
20,362
38,835
NET BOOK VALUE
At beginning of period
69,702
1,014
7,409
78,12S
At 31 March 2023
68,086
760
5,556
74,402
8 Debtors
2023
2022
Grants Receivable
Prepayments
9 Creditors
20Z3
2023
Payroll PAYE
Trade Creditors
Accruals & Deferred Income
3,897
1,200
5,097
5,061
1,200
6,261
10 Inde
endent examiner's remuneration
The independent Examiner'5 remuneration amounts to an Independent Examination
fee of £720 (2022 - £7201
15

HOLY FAMILY YOUTH CENTRE
FINANCIAL STATCMENTS
FCR THE YEAR ENDED 31 MARLH 2023
NOTES TO THE ACCOUNTS CONTINUED...
11 Government Grants
Goverri rrient grants b.ave been ¢iisclosed in tkie finaiicial statement in line with the SSAP 4
di5c105ur: requirements. Governnieiit gri¢ nt5 ijre recognised in the profit and locs aiCOL4nt in an
appropriate manlier that matches them with the nxpe.nditure towards ivhich they 3re intended
to contribute,
Grant. towards fixed a55ets are recognised over the expected useful lives of the related assets
and are treated as deferred income and released to the income and expenditure account over
the useful life of the a55et concerned.
All grants in the income and expenditure account are recognised when all conditions for
receipt have been complied with.
2023
2022
Long Term Llabllltles
Government Grant for New Build- DOE and EA
Grant Released
Balance c/f
63,924
2,216
61,708
66,140
2,216
63,924
12 Funds
Balance at Movement in Resources Transfer of
Balance at
l April 22
Incoming Out
oin
Funds 31 March 23
Restricted funds
Education Authority
Belfast City Council
DFC
Big Lottery
Grant Release
Co-op Ireland
Department of Education
Total restricted funds
6,958
3,421
137,453
5,550
9,283
15,420
2,216
2,603
12,549
185,073
1140,7391
15,5501
19,2831
15001
{2,2161
{2,6031
(12,5491
{173,440}
13,671)
13,421)
14,920
10,379
17,092)
14,920
Unrestricted funds
General
32,892
32,892
24,326
24,326
132,137)
(32,137)
7,092
7,092
32,173
32,173
Total net 355et funds
25,384
209,399
(205,577)
47,093
13 Post-Balan¢e Sheet Events
Nothing to report.
14 Related Partles
The Charity does not have any related parties,
IS Trustees remuneration & ex
enses
During the year, no Trustees received any reinuneration {2022- £NILI.
During the year, no Trustees received any benefits in kir,d12022 £NIL).
During the year, no Trustees received any reimbursernent of expense512022- £NILI.
16