The Charity Commission for Northern Ireland Registration No. NIC103674 HOLY FAMILY YOUTH CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 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 10 Notes to the Financial Statements 11-17
HOLY FAMILY YOUTH CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 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 2025 ANNUAL REPORT OF THE TRUSTEES Trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provision of the Statement of Recommended Practice (SORP} 'Accounting and Reporting by Charities, {FRS 1021 in preparing 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 was approved are listed on page I, together with the address of the principal office of the charity and the charity's registration numbers. Objectives and activities To provide, maintain and promote facilities and activitie5 of a social, spiritual, educational and recreational nature with the objective of improving the conditions of life of children and young people within the locality of Holy Family Parish and beyond without distinction of gender, sexual orientation, political, religious or other opinion. Public benefit statement The direct benefits which flow from this purpose include an increase in social skills, improvement in emotional well-being, improved positive educational outcomes and increased spiritual development in the lives of local young people. This purpose will 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 parent5 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 any individual as a result of our activities. Programming During the 2024-25 period our youth services continued to operate from our premises 6 evenings per week with our nightly Drop in facility being a key first point of contact for a lot of the young people we work with. It is through these contacts where we can first develop positive relationships to a point when personal and group development work can then take place. We continue to create a relaxed and friendly atmosphere in the youth centre where young people can come to and enjoy the company of other young people and chat with our youth workers. Our sports hall has been well used in this period 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 our junior 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 arp 3 03rticular draw when we. cook 2 nutritious meal for thosp attending. Our junior sessions continue to be delivered to 2 distinct groups to enable us to offer the children age-appropriate sessions. Children in year 3 to year S were put into one group with year 6's and 7,5 in the other group. At certain times numbers of the upper age range had fallen but with a bit of promotion we were able to raise the numbers. 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.
HOLY FAMILY YOUTH CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ANNUAL REPORT OF THE TRUSTEES CONTINUED... Programming Continued . Our Outreach and Detached work remains a crucial part of our work as it allows us to keep in touch with young people while not in the youth centre. There have been times over the past 12 months that we had been put in the position of a de facto policing team when dealing with incidents of violence at the interfaces in the area, particularly in Alexandra Park. Over this period we have worked closely with our colleagues in Mountcollyer Youth Club in order to identify and challenge young people on their behaviours. We have also helped deliver on a North Belfast wide Outreach and Detached specification in partnership with Ardoyne YC & John Paul11 YC and led by New Lodge Youth Club. This method of engagement has proved to be very beneficial in the past year and looking forward we will continue to utilise this form of work within our overall approach to engage with and help voung people develop their skills. We were very pleased in this year to re-introduce our International experiences for young people with trips to London, Belgium and Krakow planned to take place over the summer of 2025. We hope to make this a regular part of our work after we had to drop this aspect of our programming during the Covid restrictions. Community Events We continued during the 2024125 period 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 participation that young people can have in their community. From anti graffiti drives, litter picks, inter-generational work through to the organising and delivering of large community events it was great to see young people so keen to get involved. 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 diversionary 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. Another event that has now become a regular in the community is our Christmas celebrations culminating in our Winter Wonderland event. Over the past three years we have worked to brighten up the area by erecting Christmas lights on the lampposts in the run up to the festive period. These Christmas tree lights were made in the youth centre and in 2021 we were also able to extend the lights across the interface and down to the bottom of the Limestone Road. Christmas 2024 saw all the elves busy transforming the youth centre into a walk through Winter Wonderland and this proved a great success With 280 children and young people attending with their families, visiting Santa and taking part in activities 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.
HOLY FAMILY YOUTH CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ANNUAL REPORT OF THE TRUSTEES CONTINUED... Programming Continued .... Community Event5 We were also able to organise a 'Meet the neighbours, event around Easter time that saw a group of young people from Mountcollyer and Holy Family transform the area at the interface from an often negative place to be avoided to fun filled space that saw families from both sides of the interface coming together to enjoy this shared space. Interface It is unfortunate that despite all the effort and resources that Holy Family and others have put into creating a more peaceful environment, Interface violence amongst young people continues to occur. As our premises sit 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 all agree that the Limestone area has transformed for the better over the years, we unfortunately continue to see young people engaging in negative sectarian behaviours at the interfaces in the area. From a 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 lives and future prospects, but also on families on both sides of the interface. Our staff have continued to challenge young people who get involved in these negative activities and work tirelessly to create opportunities for young people to get involved in positive activities, 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. Health and Fitness 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 Watenvorks 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. Funding In the 2024/25 financial year we were successful in obtaining financial support from the Education Authority, UK Youth, Belfast City Council, Assets Recovery Agency, Comic Relief, Awards for All and Newington Housing Associations Brian Mullan Community Fund. Through this funding we were able to deliver our youthwork programme as planned and were also able to deliver on a number of events such as the Lark in the Park and our Winter Wonderland event and for an environmental project in Alexandra Park
HOLY FAMILY YOUTH CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ANNUAL REPORT OF THE TRUSTEES CONTINUED... Funding continued... We continue to work under 3 25Yo Cut to our core funding that was put onto the voluntary and community sector. As we enter our final year of our three year funding award from the Education Authority we may have to further diversify our sources of funding to enable us to continue to deliver a service to the level we have in the previous decade. Staffing BJ McKevitt remains as the Senior Youth Worker with a staff team consisting of 13 part time youth workers delivering on EA specifications and other funded initiatives throughout the year. We continue at Holy Family to recognise the importance of 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 cou rses. In the past year we have been able to SUPPOrt a young person through offering a placement as part of her Community Youthwork degree and we will continue to offer placement opportunities in the coming year. We are also very fortunate to have a committed team of young people who have helped us to deliver on ourjunior sessions, summer schemes and community initiatives throughout the year long programme. We hope to further support their development over the coming years with designated volunteer support programmes. Premises and Resources The youth centre premises on the Limestone Road are crucial for u5 in delivering our youth and community work. The premises are 50 years old and although we try our best to keep on top of maintenance we are probably in need of a focused upgrade. With this in mind, we continue to wait on the Department of Education allocating financial SUPPOrt to enable us to carry out a refurbishment of the youth centre. This work will include the installation of a working kitchen and relocation and improvements to our toilet facilities. 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. Although we were successful in our application for the refurbishment it seems that due to budeetarv matters no work will be commencinR in the foreseeable future. We have been successful in an application to the National Lottery Community Fund as part of their Sustainable Community Buildings programme to enable us to upgrade our lighting system and inst31 a solar panel system that will drastically reduce our overheads over the coming years. Our minibus also continues to be an invaluable resource for us in carrying out our work with young people, particularly over the summer months and when young people are off School
HOLY FAMILY YOUTH CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ANNUAL REPORT OF THE TRUSTEES CONTINUED... Premises and Resources We are also continuously looking to make better use of our indoor and outdoor space to help support the running of our activities and while we are in the fortunate position of being able to build up a bank of equipment (tables, chairs, gazebos etcl one issue that this has raised is how to properly and safely store this equipment. With this in mind, we have been able to build further storage space for our equipment as we had identified this as an issue. Industrial shelving was purchased and installed in the loft area with further shelving erected in other equipment and storaRe areas. We have repainted the main hallway and are planning over the coming few years at involving some young people and local residents in helping us to refresh other areas within the youth centre Financial review The results for the year are set out on page 9 & 10. The charity returned net outgoing resources for the year of £15,496 (2024'.£16,102). At 31 March 2025 the total funds of the charity amounted to £73,69212024:£58,196) of which restricted funds were £NIL {2024:£NIL) and £73,692 12024'.£58,1961 were unrestricted. Reserves policy and going concern Of the total funds reported above, £39,496 is made up of cash at the bank. The trustees are confident that the cash reserves, together with expected future incomes, will be sufficient to meet the working 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. Plan for the future To maintain the same level of services in the area. Structure, governance and management Holy Family is a registered charity, number NIC103674 and is governed by it constitution. New trustees are appointed when appropriate. Suitable candidates are considered on the basis of their skills, experience and sympathy with the aims of the charity. New trustees will be agreed at a trustees meeting before being invited to join.
HOLY FAMILY YOUTH CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Responsibilities of Trustees As the charity's trustees we are aware of our responsibilities for the preparation of the accounts It is also our responsibility to: select suitable accounting policies and then apply them consistently make judgements and estimates that are responsible and prudent prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The Trustees are responsible for keeping adequate accounting records that are suff icient 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 safeguarding the assets of the charity and hence to take reasonable steps to prevent and detect fraud and other irregularities. Dlsclosures of Informatlon to Independent Examlners To the knowledge and belief of the Trustees there is no relevant information of which the organisation's independent examiners are not aware. The Trustees have taken all the necessary steps of which they are aware, provided relevant information and established that the organisation's independent examiners are aware of the information. Signed on behalf of the board of the Trustees George Walsh Chairperson Date
HOLY FAMILY YOUTH CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 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 2025, which are set out on pages 9 and 10. Respective responsibilities of charity trustees and the examlner 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.. examine the accounts under section 65 of the Charities Act follow the procedures laid down in the general Directions given by the Commission under section 6519)Ib> of the Charities Act state whether particular matters have come to my attention. Basls 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 section 65(9llbl of the Charities Act. My examination 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 givin8 me cause to believe: That accounting records were not kept in accordance with section 63 of the Charities Act That the accounts do not accord with those accounting records That the accounts 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. Independent examinerfs statement I have completed my examination and have no concerns in respect of the matters11) to (41 listed above and, in connection with following the directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention, 2910112026 Tony Clarke 53 Andersonstown Road Belfast, BTII 9AG Date..
HOLY FAMILY YOUTH CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 STATEMENT OF FINANCIAL ACTIVITIES IINCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) Year to 31-Mar-25 TOTAL Year to 31-Mar-24 TOTAL Unrestricted Restricted Note Income from: Generated Funds Charitable Activities 10,175 43,686 164,430 174,605 43,686 197,365 45,494 Total Income 53,861 164,430 218,291 242,858 Expenditure on: Costs of Generating funds; Charitable Activities Governance Costs Total Expendlture; 36,186 2,179 38,365 164,430 200,616 2,179 202,795 225,325 1,430 226,756 164,430 Net Income / (Expendlture) 15,496 15,496 16,102 Transfers between funds Net movement In funds 15,496 IS,496 16,102 Reconclliation of Fund5 Total funds brought forward 12 58,196 58,196 47,093 Total Funds carried forward 12 73,692 73,692 58,196 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 11 to 17 form an integral part of these accounts
HOLY FAMILY YOUTH CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 BALANCE SHEET 2025 2024 Note Fixed Assets Tangible Fixed Assets 68,407 68,407 71,208 71,208 Current Assets Cash at bank Debtors 63.761 50,166 63,761 50,166 Credltors: amounts fa115n8 due wSthln one year (1,200) 13,686) Net Current Assets 62,561 46,480 Long term Ilabllltles Government Grant 11 (57,276) (59,492) Total assets less Ilabllltles 73,692 58,196 Funds Restricted Unrestricted 73,692 58,196 TOTAL FUNDS 12 73,692 58,196 The financial statements were approved by the board of directors on signed on their behalf by: 22 21 and were George Wals Trustee Date The notes on page 11 to 17 form an integral part of these accounts 10
HOLY FAMILY YOUTH CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 NOTES TO THE ACCOUNTS l Accounting policies Charlty Informatlon Holy Family Youth Centre is a private company limited by guarantee incorporated in Northern Ireland. The registered office is.. Newington Youth Club, 224A Limestone Road, Belfast, BTIS 3AP. 1.1 Accounting convention The financial statements are prepared under the historical cost convention and comply with financial reporting standards for Smaller Entities and the Statement of Recommended Practice ISORP) 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 sterling, which is the functional currency of the charity. Monetary amounts in these financial 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 accounting policies adopted are set out below. 1.2 Golng concern At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accountin8 in preparing the financial statements. 1.3 Charltable 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 as to how they may be used. 1.4 Incomlng resources Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised 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 represents amounts receivable for goods and services provided in the normal course of business, net of discounts, VAT and other sales related taxes. 11 HOLY FAMILY YOUTH CENTRE
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 NOTES TO THE ACCOUNTS CONTINUED... 1.5 Resources expended Liabilities 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 15 below the charity audit threshold and therefore is exempt from reporting expenditure on an attivity basis. The charity has opted to report by the nature of expenditure rather than on an activity basis. 1.6 Tangible fixed 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 recogni5ed so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Capital Equipment 50 years straight-line 25Yo reducing balance 1.7 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowing5 in current liabilities. 1.8 Financial instruments Financial instruments are recognised in the charity's balance sheet when the charity becomes party to contractual provisions of the instrument. Financial assets 3 nd liabilities 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 12 HOLY FAMILY YOUTH CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
NOTES TO THE ACCOUNTS CONTINUED... 1.9 Basic financial assets Basic financial 355ets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. 1.10 Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recogni5ed at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classif led as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within 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 benefits The cost of any unused holiday entitlement is recognised in the period in which the ernployee's services are received. Termination benefit5 are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. 1.13 Critical accounting estimates and judgements In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions 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 ongoing 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. 13
HOLY FAMILY YOUTH CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 NOTES TO THE ACCOUNT5 CONTINUED... 2 Generated Funds 2025 2024 Unrestricted Funds Restrirted Funds TOTAL TOTAL Education Authority Belfast City Council CFNI & Other Grants DFC Grant Release ARCS Newington Housing Association Youth Justice Agency UK Youth Totals 2025 128,830 9,726 10,000 5,420 2.216 7,258 980 128,830 9,726 10,675 5.420 2.216 7,258 980 147,154 10,450 387 15,663 2,216 2,995 4,000 5,000 9,500 197.365 675 9,500 10,175 9,500 174,605 164,430 Totals 2024 9,51)0 187,865 197,365 3 Activities for eneratin funds 2025 2024 Unrestrirted Funds Restricted Funds TOTAL TOTAL Generated income Donations Totals 2025 43,536 150 43,686 43,536 150 43,686 45,394 loo 45,394 Totals 2024 24,326 24,326 4 Staff Costs and Numbers 2025 2024 Wages and Salaries 109.307 109,307 123,229 123.229 No employee received emoluments of more than £60,00012024: None) The average monthly number of employees (including the trustees} during the year, calculated on the basis of full time equivalents, was as follows: 2025 Number 14 2024 Number 16 14
HOLY FAMILY YOUTH CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 NOTES TO THE ACCOUNTS CONTINL 5 Ex enditure on charitable activities Analysis of resources expended 2025 2024 Unrestricted Funds Restricted Funds TOTAL TOTAL Wages and Cleaning Heat & Light Telephone & Internet Insurance Postage & Stationary Training & Courses Repairs & Renewals Programme Costs Travel, Transport & Vehicle Exper Depreciation Equipment Shop Expenses Partnership Funding Totals 2025 4,712 1,335 1,627 3,039 108 104,594 5,202 625 109,307 6,537 2,252 3,039 108 123,229 8,262 1,227 3,015 550 571 3,656 49,294 5,991 3,195 2,391 3,694 20,250 225,325 2,099 13,010 584 39,900 1,892 2,216 41,999 14,902 2,800 3,662 6,010 36,186 3,662 16,010 200,616 10,000 164,430 Totals 2024 30,732 173.440 204,172 6 Accountancv Bank Fees Totals 2025 1,560 619 2,179 1,560 619 2,179 840 590 1,430 Totals 2024 1,405 1,405 15
HOLY FAMILY YOUTH CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 NOTES TO THE ACCOUNTS CONTINUED... 7 Tan Ible Fixed Assets Ca Other Inc Motor Total COST At l April 2024 Additions Disposals 80,790 6,529 25,918 113,237 At 31 March 2025 80,790 6,529 25,918 113,237 DEPRECIATION At l April 2024 Charge for the year Eliminated on disposal 14,319 1,616 5,959 143 21,751 1,042 42,030 2,800 At 31 March 2025 15,935 6,101 22,793 44,830 NET BOOK VALUE At beginning of period 66,471 570 4,167 71,208 At 31 March 2025 64,855 428 3,125 68,407 8 Debtors 2025 2024 Grants Receivable Prepayments 9 Creditors 2025 2024 Payroll PAYE Trade Creditors Accruals & Deferred Income 2,486 1,200 3,686 1,200 1,200 10 Inde endent examiner's remuneration The independent Examiner's remuneration amounts to an Independent Examination fee of £840 (2024 - £840) 16
HOLY FAMILY YOUTH CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 NOTES TO THE ACCOUNTS CONTINUED... 11 Government Grants Government grants have been disclosed in the financial statement in line with the SSAP 4 disclosure requirements. Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute. Grants towards fixed assets 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 asset concerned. All grants in the income and expenditure account are recognised when all conditions for receipt have been complied with. 2025 2024 Long term Ilabllltles Government Grant for New Build - DOE and EA Grant Released Balance c/f 59,492 2,216 57,276 61,708 2,216 59,492 12 Funds Balance at Movement in Resources Transfer of Balance at 01-Apr-24 Incoming Outgoing Funds 31-Mar-25 Restricted funds Education Authoritv Belfast City Counci DFC Grant Release CFNI ARCS Newington Housing Association Total restrlcted funds 128,830 9,726 5,420 2,216 10,000 7,258 980 164,430 {128,8301 19,726) {5,420) {2,2 16} 110,000} 17,2581 19801 (164,430) Unrestrlcted funds General 58,196 58,196 53,861 53,861 (38,3651 (38.365) (202,795) 73,692 73,692 Total net asset funds 25,384 218,291 73,692 13 Post-Balance Sheet Events Nothing to report. 14 Related Parties The Charity does not have any related parties. 15 Trustees remuneration & ex enses During the year, no Trustees received any remuneration12024- £NIL). During the year, no Trustees received any benefits in kind {2024 - £NIL}. During the year, no Trustees received any reimbursement of expenses {2024- £NIL). 17