Charity Number: NIC104795 St Marys Youth Centre Annual Report and Unaudited Financial Statements for the financial year ended 31 March 2025
St Marys Youth Centre CONTENTS Page Trustees, and Other Information Trustees, Report Statement of Tru5tees' Respon$ibilTties Independent Examinerfs Report Statement Df Financial A¢tivib"es Balance Sheet Noles to the Financial Ststements 9-12 Supplementary Infomiation relating to the Financial Statements 14
St Marys Youth Centre TRUSTEES, AND OTHER INFORMATION Trustee¥ Mrs Louise Imlson Mr Mich1 Mallon Mr Marw) Gnbbon Charity Number in North*m Ireknd NIC104795 Principal Addr$ St Mary5 Youth Centre Obins Street BT62 18T Northetn ITelaTh# Independont Exami MG accouniants Chartered AcctyJntants (Portadownl 25-27 CartOn sireel Co tk)wn BT62 3EP Northern Ireland
St Marys Youth Centre TRUSTEES. REPORT for the financial ye3r erided 31 March 2025 The Iruslees present ttEir Tru5tee$' Report tke unaudited frnanoal staternents for the finanoal year ended 31 Marth 2025 The financial statements are prepared In acCOrdar wrth the Chanhes Act (Nothem Irelandl 2008. FRS 102 "The Financial Reporting Standard applicable In UK and RepU1C of Ireland" arKI Accounting and Report5ng by Charil*s Slalement of Recommended Practice applicaty lo ¢har51ies preparing their financial statements in accordance with the Finanoal Reporting siar¥Jard applicabl& in the UK and Republic of Ireland IFRS 1021 The Tru5tees' Resx)rt ¢oniains the Information required lo be provKYed In the Trustees, Annua1 Report under the Staternent of Recommended Practice ISORPI guKle11 The trustees of the company are a150 tharity Irustees for the purposÈ of charrty and urhjer the COfnpany'5 (x)nstrtutson are krn as Tnembers oflhe board of trustees In this report the tru51ees of Si Marys Youth Centre present a sUMnry of its purpose. govemance. 3CtivitEs. achievernents finan$ for the frnanrAal year 31 March 2025. The charity Is a reg15tered charity and althjgh not oblNJed to comply with the Statement of Recomrnended Practite applicats In the UK and RePu1C of IrelarKI FRS 102. the Ofganisatmm has Implerrwted its recommendations where levant In these financial staternents. Financial Review The results fof the firianuJ year are set OLrt on page ar a(kJib¢wl notes are provideil slK)wng Income and expend1ture In 9reater detail Results and "Viden$ Al the end of the finanual year the charity has assets of £60.524 12024 - E69,9541 and IiabilitEs of £1 922 12024 £4.5621 The net assets of the charty have decrease(I by £16 7) In accordance with the Constilulion. Irusiees retire by rolabon and. iEing eligibk offer Iheffselves for re¢n. Compliance with Sector-wide Legislation and Standards The charity engages pro-actively wrth legislatn 51anLlards ar¥J codes whith are developed for the sector St Marys Youth Cenlie subscribes to and Is comp113nt with following The Charities SORP IFRS 1021 Approved by thÈ Management Cijrnrnittee on 25 March 2026 and signed on its behalf by..
St Marys Youth Centre STATEMENT OF TRUSTEES. RESPONSIBILITIES for the finaftoal year ended 31 Mafch 2025 The trustees are responsible for preparirMJ the finanual siatements in accordan wilh and r8gulalioTts. The law applicable lo chantie5 In Northem I18 requires tte twstees to prepare financkql slalements for ea¢h financial yè2r which give a true and fair view of the assets Iiabilrties and financial position of the charrty as al the financial yeaf end cjale and of the surplijs or del11 of the tharity and otherwise coryly with. the Charities Act (Northern Ireland) 2008 In preparin9 these financial statements the trustees are required to.. select suitable accounting poliues an(J apply trEm cmskslenuy". observe the rrÉihods ane pnriciples in Ihe chareS SORP make judgements and accounting @sMateS that are reasonable prudent slate whether Ihe financial stalernent5 have been pp8rert In accordance wrth applicabÈ accounting standards. Klenbfy Ihose standafds and note the effect arKS the reasons for any rnaterial departure from those standards. and prepare the financial stateniS on the going conceTn basis unle$s rt Is Inappropriate to presume that the charity wll continue In operation The Irustees confirrn that they have cornplEd atmive requirernents In prepanng Ihe finanaal statements. The trustee5 are re5ix)rtsible for keeping adequate accounting Tecords thai are sufficient to show and Èxplain the charity's transactions arKI disck)se wrth reasonab awuracy at any the finanoal p051tion of the charrty and enable them 10 ensure that the finanoal siaiements cornply wpth the ChanlE5 Ad INorthern Irelandl 2008 They are also responsible for safeguarding the assets of the chanty and hefi for taking reason3ble steps for the prevention and deteclion of fraud and Olher IrreguL3nlEs Approved by th* Management Committee on 25 Marrh 2028 and signed on its behalf by..
St Marys Youth Centre INDEPENDENT EXAMINER'S REPORT TO THE MANAGEMENT COMMITTEE OF ST MARYS YOUTH CENTRE We have &xarnined the finarrial 51atemÈnts of IhÈ charity for the finan031 year e[ 31 March 2025, which comprise Ihe Statemeni of Financial Activities. the Balan Sheet and the related notes This report is made SOlY to tharty's mtlS. as a brx1y In acCdan wth the Charities Act (Northem Iland) 2008 Our wotk has been ijndertaken so that we rn19ht Cornpl the finanoal siatsments that we have been en9aged 10 compile report lo the Managernent CoTnmrttee that we have done SD. and stale those rnatters thai we have agfeed 10 siaie to them In this rep(Kt and for no olher purpose To the ful1 extent perrnrtled by law, we do not accept or assutne responsibility to anyone other Ihan the chanty Ihe charity s ffmbers. as a body. for our work, or for Ihis Teport Respective respon$ibilitiÈS of trustees and examiner The charity's trustees are respon51b for the preparation of the financial ststeryEnt5 its accordan wilh Ihe requ1mentS of the CharitEs Act (Northern Iland) 2008 The charrty's trustees consKler Ihat an a11 Is not requ1red for this financial year urKler ihè ChafltÈs Act INortherri Irelandl 21)08 and that an IndeFendenl exarnination Is quired It Is our respon51bility to exaffline the financial statements under Section 65 of the charis ACL follow the procedures laid down by the general ThrtionS given by Charrty Commission for Northern Ireland undef section 6519llbi ol the Chanlies Act and state whelhei particular mattefs have cwe to our attenti. 8asis of independent examinerfs report We have examined your chanty finanoal 51alerTEnts as required undw sedion 65 of the Chants Act and our examinatK)n was carrd out In accordance wilh the general Diiections given by the Charity Commission for Northern Irelènd under section 6519llbl of the CharrtÈ5 Act An exafflin3tion Includes a revw of the accounting recofds kept the charity and a ¢omparison of the Inanual StalenntS ptesented with those COrdS 11 also Indu¢e$ COn51deration of èny unusual Items or d6ck)sures In the financkil slalefflent5 and seeking explanations from the tru$tÈes conceming any such rnatters prctedures undertaken LIO Tlot pro¥th all the evKlenc£ that would be required in an audit consequenity no opinion Is given as lo whelher the acctsunls present a 'true and fair. view and the report 1$ limited to Ihose rnattw5 Sel out In ststemenl beW In connection with our exarninabon no matter has lo our attenkni which gives us cause to believe that In. any material respe". a¢touniing records were not kept In accordan with secbon 63 of ItrE Chani*s Act the finanoal 51alernents do not accord with those accounting re¢ords the financial staieffÉnls have not been prepared In aCCOfdance ¥wth the Slalement of Recommended Practice appli¢aNe lo charrties prepanTVJ their a¢¢ounis In aC£Ordan with the Finan¢ial Reporting Standard applicable In the UK and Republic of Irebnd IFRS1021 there Is further Informatx)n needed for a proFer urKlerstaThYirYJ of acujunls to be rexhed MG ACCOUNTANTS Chartered Accountants IPortadownl 2&27 Car100 Street Co Down BT62 3EP Northern Irdand Oate.. 25 Marth 2026
St Marys Youth Centre STATEMENT OF FINANCIAL ACTIVITIES for the financial year ende(J 31 March 2025 nstriCted Re$tri¢ted Funds Fund8 2025 2025 Totsl Unrestncted Restncted Funfls Funds Fut5 2025 2024 2024 Total Funds 2024 Notes Incom8 charitab attle$ - Grants fr£xn 9overnments and Other uplunders 20.406 109.837 130.243 13.816 93.109 106.925 Expenditure charitab aCtivrt5 Other expellditu 09,420 19.817 109,420 27,613 122801 25 229 122.801 25.756 7.796 527 Total expenditure 7,796 129,237 137.033 527 148.030 14B 557 Ngt in¢omÈllexpenditurel 12.610 119.4001 16.7901 13.289 154 9211 141.6321 Transfers tr*een funds 25 CIX) 125.CK)01 Net mov•mont in funds for the financial year 12,610 119,4001 16,7901 38 289 179.9211 141 6321 Recon¢iliation of funds.. Tot81 funds teginning of the year 65.347 65,392 138.2441 145.268 107,024 Total fund8 at the end of the year 12,655 45.947 58,602 45 65.347 65.392 The Statement of Financial Activities Indude5 all gains an(1 l¢>sses regn8 In t financol year. All Income and expendilufe relate to rontsnuitvj actwitses The noteson pwjes 9 10 12 fm part thÈfinl
St Marys Youth Centre BALANCE SHEET as at 31 March 2025 2025 2024 Notes Current Assets Cash al bank and in han 60,524 69 954 CreditOf5'. Amounts fallTrn9 due within one year 11,9221 14 5621 Net Current Assets S8.602 65.392 Totri Assets 88 Current Liabilitre5 58.602 65.392 Funds Restricted trust funds General fund lunwtrthdl 45,947 12.655 65.347 45 Total lund$ 58,602 65 392 The financial $taiements have been preparwj In aCcorolan with the KKo¥isions applicab io cornpanyès subject to the sm811 ¢pans. regime and In accordare wrth FRS 102 The Finanual Reportyng Stsndarol appl¢able In the UK ancj Republr of Irela. applying Section IA of thal Stsndard Approved by the Managempnt Commite and atsthofi8ed for issue on 25 March 2026 and signed on its beha by Lè- The noles 9 to 12 part Of1 finaro* slalemenls
St Marys Youth Cent NOTES TO THE FINANCIAL STATEMENTS for the finanaal year 31 March 2025 GENERAL INFORMATION St Mary5 Youth cent 1$ a charity Incorporated In Northern Irdand TIE register Offi of the company Is St Marys Youth Centre, Cbins Slreel. BT62 IBT Northern tland which Is also the principal place of business ol the charity The financBI staterrtnts have been presented in Pound (£1 Which Is also the fun¢tK)nal currency of the charity SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting polioes have been appled con51Stentty In dealirrfJ wrth rtem5 which are u)nSer8d material In relabon to the charily s financial 51aiements. B¥$is of preparation The hnancial slalements have been prepared on the going concern basis under the historical cost ¢onvention. mOdifd to Indude Trrt31n rtems at fair value The finanual statements have been prepared In accordance with the Slalernent of Recommen&d Practice ISORPI "Accountiryj and Repo>Fliw by ChanIS prepaiing their a¢¢ounis In accordance with the Financial Reporting Stsndard applicab In the UK and Republic of Ireland FRS 10?.. applying SeLon 1A of that Standard. As permilted by the CompanE5 Act 2(x the charrty has varied the standard formals In that act for the Statement of Finantsal A¢Dvits and Balance Sheet Departures ficxn the standard fomats are lo comply wrth IIE requirements of the ChantS SORP and a in C(rylon wth secbon 4 7. 10.6 and 15.2 of that SORP ststement of compliance The financial staiements of Ihe charity for the finanoal year ended 31 March 2024 have been prep8red on t going conrn b8s15 and In accordance wrth the Staiement of Recommended Practice ISORPI "Accounting and Reporting by Charities pp?n9 their r%)Unts In aCCLWdan with the Financial Rep)rtitvJ stsndar¢ applicats In UK arKI Republic of Ireland FRS 10Z'. apptying Section 1A of that Standard Fund accounting The followiry are Ihe cate9w$ of fLbnds rn8K¢tsined. Restricted funds Restricted fund5 represent Incoff received whKh can only be userj for partUlar purposes. a5 5pe¢ifd by the donor5 Su¢h purposes are within Ihe overall objecbves of Ihe Charity Unfestricted fund$ unstne[ed funds con&51 of General and Design3ted furKIs - General funds represent arnount5 whith are experrflab at Ihe discretion of the board In furtherance of the obsectives of charity De51gnated funds Compfise unrestrirted funds that the larLI has at its disueiion. set aside for particular purposes TfÉse desvJnations have an l11Stratlve purpose only and do not legally restrict the board's discJetion io apply fund. Incofne Income ts recognk8ed by Inclusion Jn the Statetnenl of Finantsal A¢tNities only when the chanty Is kgally entrtled to the Income perfoTrnance condrtlolls attached to Ihe rfemisl of Income have been rnet. the amounts Involved can be tneasured with sufficient oliability arKJ Il Is probab that the Income will be received by Ihe ¢harrty Income from charitsble activitie$ Income from Charitab activities Include incthme eamed frrm the suppty of seNices unLler conlraclual arrangements and from performar) related grants which have condition5 that specify the provision of particular seThices to be provided by the chanty IncryTE from govemrnenl and Dther ¢Trlunder$ 18 recognised when the cl)arity Is legally entitl&Y to Ihe Inco¢rÉ trtsuse It Is lullilling the conditions coniained In the relaled funding agreements VWere a grant Is recei?1 sn advance. Ils recogriilicn 15 deferred and Inclulled In credrtor5 vVhe entilemenl (Kcuf5 before Incorne Is [1Ve[l. rt Is a¢trued In debtors Grants fvom goVernrntS and other cfnderS typallY Inclu(Je one of the ftAk)wiw types of corKlitions - Perf0rrnan based corKlilions wltreby charrty is contractua1ty entrfed lo funding only lo the extent that the core otyecbve5 of the grant agreernent are achieve¢J ere the chanty Is meeting the core obiecbve5 of a grant agreernent. It recognises the related exFnditure lo the exlenl thal It Is reimbursaNe by the donor. as
continued St Marys Youth Centre NOTES TO THE FINANCIAL STATEMENTS lor the financial year ended 31 March 2025 In¢ome -Tirrt based condrtions. whereby the chanty 15 contra¢tualty enIrt 10 funding on the condibon thal it ulilised In a particular pen(Kl In these cases thÈ charity recognises the Incune lo the extent 1115 Utilised within the period speufBd in tt)e 89reTrt. In the absents of such condrtion5. asswning that receipt Is probable and the aTnourt can be reliably ea5ured. grant in¢orr is wognised orKe the charity 15 nolified of en11ment Grani$ rec&ved towards capitsl expendrture are th2 Statement of Financial Activthe5 wkn received or receivab whichever L8 earfier Expenditure Expenditure Is anaty5ed between costs of Charrtab actwite5 and ra19 furKl$ The costs of each actwity 8re separately accumulated and disclosed. and analy5ed according to their major components Expendiluie Is reccgnised when a legal or constructwe obligatK>n exists as a result of a past event a transfer of econom benefits Is lU1 In settlement and the arnount of the oblwJali0n can be reliabty rrÈasured Support C05t5 are those functions that assist the work of the ch3frty cannot be attrt>uled to Or activity. Such costs a alloc2iÈd 10 activit1es In proporbon 10 51aft titr spent or other suitable rreasure for e3ch activity Cash at bank and in hand Cash ai bank and in hand coftwnses cash on deposit al banks requinng le5S than three months noti of th¢trawal INCOME CHARITABLE ACTJVITIES Unrestricled Rostrictgd Funds Fund8 2025 2024 Grants from governm•nts and other Covfunders: Incorne from Charrtab adNIts 20,406 109.837 130,243 106 925 EXPENDITURE CHARITABLE ACTlVttlES Direct hèr Costs Support Costs 2025 2024 Expenditurt on ¢hatstab athvites 19,103 90.317 109,420 122,801 OTHER EXPENDITURE Direct Cos Other Costs Support Costs 2025 2024 Other expeThYitu 27.613 27.613 25.756 SUPPORT COSTS Charitablo Activities 2025 2024 SuppM)rt 90.317 90.317 97.952 ANALYSIS QF SUPPORT COSTS 2025 2024 Support 90.317 97.952 10
continued St Marys Youth Centre NOTES TO THE FINANCIAL STATEMENTS for the finanoal year ended 31 March 225 CREDITORS Amounts falling due within one year 2026 2024 TaxatDn and secunty ¢OSts INote 71 Other creditor5 Accruals and deferral Inco 166 456 1,300 1,947 1 315 1.300 1.922 TAXATrON AND lAL SECURITY 2025 2024 ¢reditors= PAYE I NI 1.947 RESERVES 2C125 2024 Al the beginning of the year Defiot for the finanoal year 65,392 16,7901 107024 141.6321 Al the eTrJ of the year 58,602 65.392 FUNDS RECONCILIATION OF MOVEMENT IN FUNDS Unrestricted Re$tri¢ts Funds Fund$ Totsl Funds At 1 April 2023 Movement dunng the financial year 138 2441 38.289 145.268 179 9211 107.024 1418321 At 31 March 2024 MoveN*ni dunng the financial year 45 12.610 65 347 119.4001 65.392 16.7901 At 31 March 2025 12,655 45,947 58,602 ANALYSIS OF MOVEMENTS ON FUNDS Balancè 1 April 2024 Incomè Expenditvre Transfers beleen fund$ Balanco 31 March 2025 Re$tricted funds Resiricted UnTestri¢ted fund5 Unfftstncted General 65 347 ICg.837 129.237 45.947 45 20.4( 7.7 12.655 Total fndS 65,392 130,243 137,033 58,602
continued St Marys Youth Centre NOTES TO THE FINANCIAL STATEMENTS for the hnancial year ended i1 March 2025 ANALYSIS OF NET ASSETS BY FUND CuNent assets Current Totsl Restnded Iwsl fun¢Js 198 591 1160,1821 38.409 Unre5trKied gerral funds 73 380 153,1871 20 193 271.971 1213,3691 58,602 io. POST-BALANCE SHEET EVENTS The have been no svJnificanl et$ affectirvJ the Charrty since Ihe finanoal yearnd 12
ST MARYS YOUTH CENTRE UPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 MARCH 2025 13
St Marys Youth Centre SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS Operaiing Siaiemenl for the financial year deCI 31 March 2025 2025 2024 Income Education Authority TEO Membership Subs Misc 109,837 81.249 11.860 9.821 3.995 13,474 6,932 130,243 106.925 Expenses Wages Rates Trips l Residentials Insuran .317 189 97.952 179 8,191 3.488 1.396 11,257 1.285 3.440 1.428 2.473 89 13,104 2,976 527 533 239 3,743 4,257 9,220 1,795 Light ané heat Repgirs and maintenan Leadership Cost5 TeleoNe I Inierner Minibus expenses Priniing Statnery & AdvertlSifWJ Equipment Accounian¢y 8ank charge5 General expenses Subscriptions 1.501 7.035 7,498 2,700 406 532 137,033 148 557 Net dÈficit 16,7901 141.6321 The supplementsry Informabon d£5 not f(*m part of the finanoal stalenknts 14