Charlty Numbgr: NIC104795
St Marys Youth Centre
Annual Report and Unaudited Financial Statements
for the financial year ended 31 March 2023

St Marys Youth Centre
CONTENTS
Pago
Trustees. and Other Infomalion
Truslees. Report
Statement of Trustees, Responsibilities
Independent Examinerfs Report
Statement of Financial Activities
Balance Sheet
Noles to the Financial Statements
9-12
Supplemenlary Information relating to the Financial Statements
14

St Marys Youth Centre
TRUSTEES. AND OTHER INFORMATION
Charity Number in Northern Ireland
NIC104795
Principal Addres$
St Marys Youth Centre
Obins Slreel
BT62 1 BT
Northem Ireland
Independent Examiner
MG accolinlanis
Chartered Accountants and Registered Auditor
IPortadownl
25-27 Carlelon Street
Co. Down
BT62 3EP
Northem Ireland

St Marys Youth Centre
TRUSTEES, REPORT
lor Ihie Iiriaiici31 year eri¢Jed 31 Mciich 2023
The Irusleps present Iheif TrLFSlees' Report and ltr￿ uiiaLKliied fin(Inoal stale￿ie￿I5 foff Ihe ffftarioal yeaf ended 31
larch 2023.
The fiiiaiicial sldletnenls ale prepèied in accordan￿ wth Ihe Chaniie5 4c1 (Northem Iielandl 2008 FRS 102 'The
Finai)Lial Reporting Siandard appIlLab￿ In Ihe UK avd Republic of Ireland" and Accouniing and Reporting by
Charities Staiemeni DI RecommenoFeLI Practice applicab￿ lo charilies grepaiii)g Ih*.Ir financial slalemÈnis In
accordan￿ wilh the Financial Repoitjiig Slandard applicat>le In the UK aTid Republic of Irelai)d IFRS 1021.
The Trustees, Report contains the rnfomation ￿QuIred lo be prowded In Ihe TnJslees' Annual Report under the
Slalen7ent of Recomfflendefj pract1￿ ISORPI guidelines The Irusiee5 of the company ale also chafity Irusiee5 for
the purpose of chariiy law and undei the ionipaiiy s cofislilulion are know as rnembefs of Ihe b)ard ol Iruslees.
ln this report Ihe Irusiees of si Kiary5 Youlh Cenlre present a surnmary ol Ils purpose g)vemance. actiMlies.
achievemenls and finan￿S for Ihe finano31 year 31 klarrh 2023.
The chaiily 15 3 reg15tered chanty and although nol obliged 10 compty wilh the Sièiemenl of Recommendeil Praclice
applicable Iii the UK and Republic of Ireland FRS 102. Ihe organisalion has Itnplemented Ils re(x)mwendalion5 where
ielevani In these finanoal statemenis.
Financial Review
The resulls foi Ihe finanoal year are sel out (NI page
expenditure In g¥eater detail_
and addtlional noles are provided showng Income and
Results and Divtdends
Al the end of Ihe financial year Ihe chanly ha5 assets of £108.471 12022 £87 59713nd Iiabili'ies of £1447 12022
£3 2331. The nei assets ol Ifie chafity have increased by £22 660
In accordance wlh Ihe Conslilulion. Ihe Ifuslees retire by rolabon and. being elwible. offer thern5e￿es Ioi Te-election.
Compliance with Sector-wtde Legislalion and s￿ndards
The chdrity engèges pro-actively i'J,.Ih le9islatlQP. 51andards and c(xles vknid) ace developed lor the sector. Sl Marys
Yokslh Centre subscnbes 10 aiid Is LA)InplianL wilh the rdio￿ng.
The Chanlies SORP IFRS 1021
Approved by the Management Committee on
nd signèd on its bohalf by:

St Marys Youth Centre
STATEMENT OF TRUSTEES, RESPONSIBILITIES
for the financial year ended 31 March 2023
The trustee5 are responsible for pteparTng the financial stalernenls In accordance i'Alh applicable law and regulations.
The law applicatsle to chanlies In Northein Ireland requires Ihe Iruslees to PTepafe finan￿31 slalements lor each
financ131 yeaT whith give a t￿e and fair wew of Ihe assels. Iiabililies and fii)ancial position of the charily a5 al the
financial year end dale 3nd ol the surplus or deficil of Ihe chafity and olhetwse coiiiply iv)Ih the Ch3riiies Act
INorthern Irelan(112008.
In prepantig these fii)an&al slalemetils. the Irusiees afe feqLlifed lo
select sui13ble 3ccounling policies and appty Iheln cons151enlty.
observe the melhod5 and pnnuples In Ihe Chaiilies SORP
make iudgemenls at¥J accounling eslimaies Ihal are rea50n3blE and piiJdenl.
stale whether the financial slaletneDiS have been prepared in accordance viiih applicable accountln9 standards.
Identify Ihts5e slaiidards. aiid note ihe eflecl arid Ihe feasons for any malenal departure from Ihose sl3ndartss and
Prepare the financial staletnents on Ihe going ConC￿M basis unless Il Is Inappropriale lo prasume ihal Ihe charity
wll continue In operalion.
The tiustees confimi Ihal Ihey have comphed wlh Ihe above wuirements In pfepafftng the finano31 slaletnents.
The Iruslees are reSpOn&b￿ for keeping adequaie accounting records ltr.al are sufficient lo show and explain the
chanty's transactions ard disclose wlh ¥easonat>le a-curacy al any l¢nie the financial posii.'on of Ihe charity and
enable them lo ensure Ihal the financial s131emenls ccfflply wth Ihe Cliarilies Acl (Northern Irela￿dI 2008. They are
also respon51ble lor safegJarding the assets of the chanty and hence foi iaxing reasonable sieps lor the prevent10n
aiid (Jeleclion ol fraud an.d other irregulantses.
Approved by the PAanagement Commi¢tse on
and signed on its bohalf by..

St Marys Youth Centre
INDEPENDENT EXAMINER'S REPORT TO THE MANAGEMENT
COMMITTEE OF ST MARYS YOUTH CENTRE
We have examine(I the financial slalements of Ihe charity for the financial year ended 31 Mar¢h 2023, which cornprise
Ihe Statement of Finan￿31 Activities. the Balance Sheet and the reLqted notes.
This reFX)rt is tnade solely lo the charity's members, as a body. in accordan￿ with the Charities Act (Northem Ireland)
2008. Our work has been undertaken so that we might compile the financÈal slalemenls that we have been engaged
lo compile. report lo the Management Committee that we have done so. and stsle those mallers that we have agreed
to state lo them in Ihis report and for no other purpose. To the fullest extent permitted by law, we do not accept or
assume responsibility to anyone other than the charity and the charity's membeis. as a body, for our work, or lor this
report.
Respe¢tive responsibilities of trnstees and examiner
The charity's trustees are responsible for ￿,e preparation of the financial slalemenls in accordance with the
requirements of the Charities Acl (Northern Ireland) 2008. The charitys trustees consider that an audit is not required
for this financial year under the Charities Act (Norlhem Ireland) 2008 and that an independent examination is
required.
11 is our responsibility lo..
exarnine the financial slalements under secb.on 65 of the charib.es Actr,
follow the proce{tu￿$ laid down by the general Directions given by the Charity Commission for Northern Ireland
under section 6519llbl of the Charities Act," and
slate whether particular matters have Come to our attention.
Basis of independent examiner's report
We have examined your charity financial slalements as required under section 65 of the Charitses Act and our
examinab'on was carried out in accordance with the general Directions given by Ihe Charity Commission for Northern
Ireland under section 6519llb) of the Charities Act. An examination includes a review of the accounting records kept
by the charity and a comparison of the financial statements presented with those records. 11 also includes
consideration of any unusual items or disclosures in the financial stslemenls and seeking explanations from the
Iruslees con¢efning any such matters. The procedLJr8s undertakèn do not provide all the evidence that would be
required in an audit and consequently no opinion is given as lo whether the acrnunts present a 'true and fair, view
and the report is limited io those matters set oul in ihe statemenl below.
In Connection with our examination. no rnatter has come to wr attention which gNes us cause lo befi8ve Ihal in, any
material respect.
accounbng records were nol kept in accordance with section 63 of the Charities Act
the financial slalements do not accord with those accounting records
the financial slalemenls have not been prepared in accoidance wth the Slalemenl of Re￿rnrnended Practice
applicable lo charities preparing their accounts in accordan(* with the Financial Reporting Standard applicable in
the UK 2nd Republic of Ireland IFRS102)
there is further information needed for a proper understanding of the accounts to be reached.
MQ
MG ACCOUNTANTS
Chartere(l Accounlanls
(Portadownl
25-27 Cadelon Sireel
Co. Down
BT62 3EP
Northem Ireland
Date: 1 Au9USt 2024

St Marys Youth Centre
STATEMENT OF FINANCIAL ACTIVITIES
for the financ￿1 year ended 31 March 2023
Vnrestricted Restricted
Funds
Funds
2023
2023
Total Unreslri¢led Reslricled
Funds
Funds
Funds
2023
2022
2022
Total
Funds
2022
Note$
Income
Charitable actTvilies
Grants from govemmenls
and other co-lunders
20.976
129.151
150.127
6,204
147,033
153,237
Exp*nditure
Charitable activities
Other expenditure
320
10.526
103.951
12.670
104,271
23.196
116,654
11,125
116,654
18,624
7.499
Total Exp•nditur•
10.846
116.621
127,467
7.499
127.779
135.278
Net incomellexpenditure}
10.130
12.530
22.660
{1,295}
19.254
17.959
Transfers between funds
Net movement in funds for
the financlal year
10.130
12.530
22.660
{1,295)
19.254
17,959
Reconciliation of funds:
Total funds beginning of the
year
11
{48.3741
132.738
84.364
{47.079)
113.484
66,405
Total funds at tho end of
the year
{38,244)
145.268
107.024
148,3741
132,738
84,364
The Stslemenl of Financial Activities includes all gains and losse5 recognised in the financial year.
All income and expenditure relate lo contsnuing activities.
The note$ on page$ 9 to 12 fomi part ol the financial statements

St Marys Youth Centre
BALANCE SHEET
as al 31 March 2023
2023
2022
Notes
Current Assgt$
Debtors
Cash 31 bank and In hand
103.808
4.663
87.597
108,471
87.597
Crèditors.. A wnounts falling due within one year
11,447>
13.2331
Net Current A$sels
107.024
84.364
Total Assèts lèss Curreni Liabilities
107,024
84.364
Funds
Reslncied trust funds
General lund {unreslrictedl
145.268
138,2441
132.738
148.3741
Tolal funds
11
107.024
84.364
The fillanoal stale￿￿￿t5 have been prepared In acc(>rdante wlh Ihe provisions applicable to cornpanie5 subject lo
the small companies. regiffle and in accordan￿ wlh FRS 102-The Finantsal Reporting Slandard applicable in the UK
and Republic of Ireland" apptying Seciion 1A ol Ihal Standard.
Approved by the Management Committee and authorised for issue on
it5 behalf by
and signed on
The noles an pages 9 10 12 form part of finJwal siaietrenis

St Marys Youth Centre
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2023
GENERAL INFORMATION
St Marys Youth Centre is a charity iftcorporated in Northern Ireland. The registered office of the company is Sl
Marys Youth Centre. Obins Street, BT62 1 BT. Northem Ireland which is also the principal place of business of
the charity. The financial slatements have been presenled in Pound (£1 which is also the funelional currency
of the charily.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The following accounting poliGies have been applied consislenlty in ¢Jealing with ikems which ale considered
material in relation to the charity's financial ststements.
Basis of preparation
The financial slalements have been prepared on the going concem basis under the historical wst conventr'on,
modified to include ￿rtain items al fair value. The financial statements have been prepared in accordance
with the Statement of Recomfnended Practice ISORPI "Accounting and Reporting by Charities preparing their
accounts in accordance with the Financial Reporting Slandard applicable in the UK and Republic of Ireland
FRS 102" applying Section 1A of thaE Standard.
As permitted by the Companies Act 2006. Ihe charity has varied the standard lormats in that act for the
Statement of Financial Activities and the Balance Sheet. Deparbjres from the standard fomials are to comply
with the requirements of the Charrties SORP and are in compliance with section 4.7. 10.6 and 15.2 of Ihal
SORP.
statement of compliance
The financial statements of the charity for the financial year ended 31 December 2017 have been prepared on
the going concern basis and in accordance with the Statement of Recommended Practice {SORPI
"Accounting and Reporting by Charities preparing their accounls in accordan￿ with the Financial Reporting
Standard applicable in the UK and Republic of Ireland FRS 102". applying Section 1A of Ihal Standard.
Fund accounting
The following are the categories of funds maintained=
Restrlctèd funds
Reslri¢ted funds represent income received which can only be used for particular PLtrpose5. as Specified by
the donois. Such purposes are within the overall obj-ectives of the charity.
Unrestricted funds
Unreslricled funds consist of General and Designated funds.
General funtjs represent amounts which are expendab￿ at the discrelion of the board, in furtherance of the
objects'ves of the charity.
Designated funds comprise unreslriete(J funds that the board has. al Éls discrelion. sel aside for particular
purposes. These designations have an administrative purpose only. and do not legally restrict the board's
discretion to apply the fund.
Incorne
Income is recogni5ed by indusion in the Statement of Financial Aclivities onty when the charity is legally
entitled lo the income, perfonnance conditions attached to the itemlsl of income have been met. the amounts
involved can be measured with sufficienl reliability and il is probable that the income will be received by the
charity.
Income from charitable a¢tlvltle$
Income from charitable activities incluije income eamed from the supply of seTViCèS under conlractual
arrangements and from perf0rrnan￿ related grants which have conditions that specify the provision of
particular services lo be provided by the charity. Income from govemment and olher co-funders is recognised
when the charity is legally enlilled lo the income because il is fvlfillrng the Conditions contained in the related
funding agreements. Where a grant is received in advance. its rewgnition is deferred and included in
creditors. Where enlillemenl occurs before income is ￿￿1ve￿, il is accrued in debtors.
Grants from govemments and other CO•funders typicalty include one of the following types of conditions:
Performance based conditions.. whereby the char-rty is contRclually entitled lo funding only lo the exlenl that
the core objectives of the grant agreement are achieved. Where the charity is meeting the core objectives of a
granl agreement. il recognises the relaled expenditure, to the extent that it is reimbursable by the donor. as

continued
St Marys Youth Centre
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2023
income.
-Time based con(Jilions.' Whe￿bY the charity is conlractualty enlilled to fvnding on the wndition that it is
ulilised in a particular period. In Ihese cases the charity recognises Ihe income lo the exlenl il is utilised within
the pen(xl specified In the agreement.
lfi the absence of such conditions, assuming that receipt is probable and the amount can be reliably
measured. grant income is recognised once the charity is notified of enlillemenl.
Grants re￿iVed towards capital expendilure are crediled lo the Sialemenl of Financial Activities when
received or receivable, whichever is earlier.
Expenditure
ExpenditLJre is analysed belween costs of charitable activilies and raising ftjnds. The costs of each activity are
separately accumulated and disclosed. and analysed according to their major components. Expenditure is
recognised when a legal or conslruclive obligation exists as a result of a past event. a transfer of economic
benefits is required in selllement and the amount of the obligalioft can be reliably measured. Support costs
are those functions that assi51 the work of the charity bul cannot be attributed lo one aclivily. Such costs are
allocated lo activities in proportion lo staff lime spent or other suitable measure for each aclivily.
Debtors
Debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued al
the amount prepaid nel of any trade discounts due. Income recognised by the charity from govemmenl
agencies and other co-funders, but not yet received at financial year end, is iricluded in debtors.
Cash at bank and In hand
Cash al bank and in hand comprises cash on deposit at banks requiring less than three months notice of
withdrawal.
INCOME
CHARITABLE ACTivrriES
Unrestricted Restricted
Funds
Funds
2023
2022
Grants trom governments and other co4unders:
Income from charitable activities
20.976
129,151
150,127
153,237
EXPENDITURE
CHARITABLE ACTIVITIES
Direct
Co$t$
Other
Costs
Support
Costs
2023
2022
Expenditure on Charitab￿ activites
26.791
77,480
104,271
116,654
OTHER EXPENDITURE
Direct
Costs
Other
Costs
Support
Costs
2023
2022
Other expenditure
23.196
23.196
18,624
SUPPORT COSTS
Charitable
Activities
2023
2022
Support
77.480
77,480
135,278
ANALYSIS OF SUPPORT COSTS
2023
2022
Support
77.480
135.278
10

continued
St Marys Youth Centre
NOTES TO THE FINANCIAL STATEMENTS
lor the financial year ended 31 March 2023
NET INCOME
2023
2022
Net Income is stated after chargingllcrediting>-
Operating lease rentals
Land and buildings
17,020
EMPLOYEES AND REMUNERATION
The staff costs comprise".
2023
2022
Wages and salaries
2,812
37.321
DEBTORS
2023
2022
Prepayments and accrued income
103.808
CRED￿oRs
Amounts falllng due wlthln one year
2023
2022
Other creditors
Accruals and deferred income
147
1.300
1,933
1,300
1.447
3.233
10.
RESERVES
2023
2022
Al the beginning of the year
Surplus for the financial year
84.364
22,660
66,405
17,959
Al Ihe end of the year
107,024
84,364
11.
FUNDS
11.1 RECONCILIATION OF MOVEMENT IN FUNDS
Unrestricted Restricted
Funds
Funds
Total
Funds
At 1 April 2021
Movement during the finanual year
(47.079
{1,295)
113.484
19,254
66,405
17,959
At 31 March 2022
Movement during the financial year
{48,374
10,130
132,738
12,530
84,364
22,660
At 31 March 2023
{38.2441
145,268
107,024
11

continued
St Marys Youth Centre
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2023
11.2 ANALYSIS OF MOVEMENTS ON FUNDS
Balance
1 April
2022
Income Expenditure
Transfers
between
funds
Balance
31 March
2023
Restricted funds
Restricted
Unreslricted funds
Unreslricled General
132.738
129,151
116.621
145,268
{48.374)
20,976
10,846
138,2441
Total funds
84.364
150.127
127,467
107,024
11.3 ANALYSIS OF NET ASSETS BY FUND
Current
assets
Current
liabilities
Total
Restricted trust funds
191.657
167,0821
124,575
Unrestricted general funds
73.380
(90,9311
117,5511
265,037
1158,0131
107,024
12.
POST43ALANCE SHEET EVENTS
There have been no significant events affecting the Charity since the financial year-end.

ST MARYS YOUTH CENTRE
SUPPLEMENTARY INFORMATION
RELATING TO THE FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 MARCH 2023
13

St Marys Youth Centre
SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS
Operating Slalemenl
for the financial year ended 31 March 2023
2023
2022
Income
Education Authority
PBNI
TBUC
Youth Work Alliance
Membership Subs
Misc
130.651
129.215
960
15.358
1,500
{1.5001
6,000
14,976
6,204
150,127
153,237
Expenses
Wages and salaries
TBUC
Coffee Bar
EA
Wages
Rates
Trips l Residentlals
Insurance
Light and heal
Repairs and maintenance
Telephone I Intemet
Youth Intervention
Minibus expenses
Equipment
Ac¢ounlancy
Bank charges
General expenses
Subscriptions
Chariiable donations
2.812
2,425
3.295
37,321
10,590
17.020
44.671
74
1,235
3,639
5,672
639
1,189
1,883
302
3.632
1,740
378
4,995
298
74.668
161
5.201
3.008
7.881
2,528
1.079
950
17.895
1.620
347
3.126
151
320
127,467
135.278
Net surplus
22,660
17,959
The supplementsry information does nol fomi part of the financial slalemenls
14