Charlty Reglstratlon No. NIC105047 (Northern Ireland)
Company Reglstfatlon No. N1623234
ARDOYNE YOUTH ENTERPRISES
(A COMPANY LIMITED BY GUARANTEE)
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

ARDOYNE YOUTH ENTERPRISES (A COMPANY LIMITED BY GUARANTEE)
CHARITY INFORMATION
Dlractors
Mr J Marley
Mr W Mccomb
Ms S Smyth
Mr J Oliver
Mr G Gorman
Secretary
Mr T Turley
Company number
N1623234
Charlty number
105047
Reglstered offlce
11a Flax Street
Belfast
BT14 7EJ
Indepondant examlnor
PGM
Charter8d Accountants
405 Llsburn Road
Belfasl
BT9 7EW
Bankor8
First Twst Bank
11-15 Donegall Square North
Belfast
BT15GB

ARDOYNE YOUTH ENTERPRISES (A COMPANY LIMITED BY GUARANTEE)
CONTENTS
Page
Charity Infomiatlon
Trustees, Report
34
Ind8pendent Examinerfs Report
Statement of Flnanclal Actlvlties (Including Income and Expenditure Account)
Balance Sheet
Notes to the Financial Statements
9-14

ARDOYNE YOUTH ENTERPRISES (A COMPANY LIMITED BY GUARANTEE)
TRUSTEES, ANNUAL REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The truste8s (who are also dlrectors of the Charitable company for the purposes of company law),
present their report and independenly examlned financial stalements for tha year ended 31 March
2025. The trustees Confimi that the Annual Report and Financial Statements of the company comply
wlth the current statutory requirements. the requlrements of the company's goveming document and
the provislons of the Accounting and Reporting by Charities. Ststement of Recommended Practice,
applicable to charities praparing thelr accounts in accordance with th8 Financial Reporting Standards
appllcable In thg UK and Republlc of Ir81and (effectlve 1 January 2019).
Objectlves and prln¢lpal actlvltlés
The princlple objective Is the promotlon, development and support of the voluntary and communlty
Sector and In particular to those organlsations offerlng youth servlces and support to children and
young people resldent in Ardoyne. Marrowbone and Oldpark areas of North Belfast. The trustees
hav8 paid due regard to guldance issued by the Charlty Commisslon for Northern Ireland In ensuring
the charity'$ activities meet the public benefit requlr8m8nts.
Achlevemonts and performance
The trustees are Satisfied that Ihey were able to achleve their obje¢llv8s and dellvered a wide range
of activities dev81oping the voluntary $8Ctor in North Belfast.
Flnancial rèvlow
The trustees ar8 satisfied wlth the financial positlon of th8 charity at the year ended 31 March 2025.
The charity has managed ils incoming resources effectively in the year under reviaw.
The balance of funds at 31 March 2025 Is £195.665 (2024: £188,552). During the year ended 31
March 2025 the charity had a posllive movement In funds of £7,113. The results of the year are fully
set out in thè Statement of Flnanclal Activities.
Golng concern
Tha trustees have reasonable expeclatlons that the charity can continue its operations for the
for8S8eable future. For this reason, they continue to adopt the going concem principl8 In preparing th8
financial slatements.
Rlsk management
The trustees have assessed the major risks to whlch the charltable company Is exposed. to those
relating to the opérations and finances of the company and are satisfied that Systems and procedures
ar8 In place to mitigate exposure to major risks.
Stalomènt of Tru$leos Responslbllltlg8
The trustees are résponsible for preparing the Trustees. Annual Report and the Financlal Statements
in accordance with applicable law and regulations.
Company law requlres the trustees to prepare financlal statements for each financlal year. Under that
law the directors and the trustees must not approve the financlal stat8ments unless they are satlsfied
that they give a true and fair vlew of the stale of thè affalrs of the charltable company. In preparlng these
financial statements the tNstees are required to:
Select sultable accounting pollcles and apply them consl$l8ntly'
Make judgments and accounting 8Stimates that are reasonable and prudent,,
Prepare Iha financial statements on the going concern basls unless it is inapproprlate to
presume that the charity will ¢onllnue in operation

ARDOYNE YOUTH ENTERPRISES (A COMPANY LIMITED BY GUARANTEE)
TRUSTEES, ANNUAL REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
The trustees are r8sponslb18 for keeplng adequat8 accounting records that are sufficient to show and
explaln the charitable company's transactions and dlsclose wlth reasonable accuracy at any lime the
financlal position of the charltable company and enable them to ensure that the financial statements
comply with the Companles Acl 2006. They ar6 also responslble for safeguarding the assets of tha
company and for taking reasonable steps for the prevenllon and detection of fraud and other
irregularitiès.
Thls report was approved by the trustees on .
and signad on their behalf by:
William Mccomb
Trustee
Sally Smyth
Trustee
Igl12)25
13-12-25

ARDOYNE YOUTH ENTERPRISES (A COMPANY LIMITED BY GUARANTEE)
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ARDOYNE YOUTH
ENTERPRISES FOR THE YEAR ENDED 31 MARCH 2025
I report to the charlty trust88s on my 8xamination of th8 financial stataments of Ardoyn8 Youth
Enterprlses for the year ended 31 March 2025 set out on pages 8 to 14.
Respectlv8 rospon$lbllltl88 of Trustèes and Examlner
A8 the charity trustees (and also the directors of th8 company for the purposes of company law)
you are responsible for the preparatlon of the accounts In accordance with the requirements of
thè Companies Act 2006. Havlng satisfied myself that Ihe charlty Is not subject to audit under
company law, and is eligiblo for independent examinalion, il 15 my responsibility to:
examine the accounts under section 65 of the Charities Act (Northem Ireland) 2008;
follow the procedures laid down In the general Dire¢tlons given by the Charity
Commission for Northern Ireland under sectlon 65(9)(b) of the Charitlès Act., and
stste whether particular matters have come to my attention.
Basls of indopandent examlnor's report
I have examlned your charity accounls as requlred under se¢lion 65 of the Charities Acl and my
examination was carried out in accordance with the g8neral Directions glven by the Charity
Commlssion for Northern Ireland under section 65(9)(b) of the Charities Act. The examinallon
Included a revlew of the accountlng records kept by the charity and a comparison of th6
a0￿untS presented wlth those records. It also included consideration of any unusual items or
disclosures In the accounts, and seeking explanations from you as charity tNst8es concernlng
any such matters.
My role Is to state whether any materlal matt8rs have come to my att8ntion glvlng m8 cause lo
b8118ve:
1. That accounting records were not kept In accordance wlth s8Ction 386 of th8 Companles
Act 2006
2. That the accounts do not accord wlth thos8 accounting rècords
3. That the accounts do not comply with the accounting requlr8ments of section 396 of
the Companles Act 2006 and with the methods and principles of th8 Charities
ststement of Recommended Praotlce applicable to charities preparing their accoun18
in accordance with the Flnancial Reportlng Standard appllcable in the UK and
Republlc of Ir8land
4. Th8t there is further Infomiatlon n88ded for a proper und8rstanding of th8 accounts to
be reached.
Independent examlnorfs statemènt
I have completed my 8xaminallon and have no conc8ms in resped of th8 matters {1) to (4) listed
above and, in connectlon with followlng the Directions of the Charity Commission for North6rn
Ireland. I have found no matters that requlre drawing to your attentlon.
Paul McAreavey FCA
PGM Chartered Accou
405 Llsbum Road
Belfast
BT9 7EW
Dato
nt$

ARDOYNE YOUTH ENTERPRISES (A COMPANY LIMITED BY GUARANTEE)
STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE
ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025
2024
2025
Total
Total As restated
Unrestrlcted
Funds
Restrlcted
Funds
Notes
Income and ondowmonts
from:
Donations, legacles and
charftable a¢tlvitl6s
51,736
236,637
288,373
253.092
Total
51,736
236,637
288,373
253,092
Expondltura on:
Charitable acllvlties
453
280,807
281,260
240,926
Total
453
280,807
281,260
240.926
Net Incom61(oxpendltura)
51,283
(44.170}
7.113
12.166
Transfers between funds
Net movement In fund8
51,283
(44,170)
7,113
12,166
Total funds brought
forward at 1 Aprll 2024 as
orlglnally stated
12
59,177
165,531
224.708
176.386
Prior
èar ad"ustment
(36.156)
(36.1561
Total funds brought
forward at 1 Aprll as
rnstated
59,177
129,375
188,552
176,386
Total fund$ carrled
forward at 31 March 2025
11
110,460
85,205
195,665
188.552
The statement of financlal activities has been prepar8d on the basls that a51 operatlons are contlnulng
operations.
There are no recognised g81ns or losses other than Ihose passing Ihrough the statement of financial
activities.

ARDOYNE YOUTH ENTERPRISES (A COMPANY LIMITED BY GUARANTEE)
BALANCE SHEET AS AT 31 MARCH 2025
2024
As restated
2025
Notss
Flxed ass6t8
Tangiblg assels
50,815
55,609
Current assets
Debtors
Cash at bank and in hand
14,254
140,174
4,570
139,438
Total ¢urrent assets
154,428
144.008
Liabllltles:
Credltors: amounts falling due
withln one year
10
(9,578)
(11,065)
Nel current assots
144,860
132.943
Total ass8ts less currént
195,665
188,552
Not assets
195.665
188,552
Funds
Unrestricted funds
Restricted funds
110,460
85,205
59.177
129,375
Total funds
195,665
188.552
For the financial year ended 31 March 2025 the company was entitled to exemption from audlt under
section 477 of the Companies Act 2006 relatlng to small companies.
The Trustees acknowledge Ihelr responslbllltles for complylng with the requirements of the Compan188
Act 2006 with respect to accountlng records and the preparation of ftnanclal statements.
The Trustees consider that the company Is entitled to exemption from th8 requirement to have an audit
under the provlslon of sectlon 477 of Ihe Companiès Act 2006 and members have not requlred the
company lo obtaln an audit for the year in question In accordance wlth s8Ction 476 of the Compani8S
Act 2006.

ARDOYNE YOUTH ENTERPRISES {A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1 A¢¢ountlng poll¢lo$
1.1 Charlty Inforniatlon
Ardoyne Youth Enterprises Is a charitable company limited by guarantee, Incorporated In
Northem Ireland. The registered office is 11a Flax Slreet, Belfast, BT14 7EJ and th6 company
registratlon number Is N1623234. In th6 event of the company being wound up the Ilablllty in
rospect of th8 guarantee is limltad to £2 per member.
The charlty is a publlc benefit entlty as defined by FRS102.
1.2 Basls of preparatlon
The financial statements have been prepared in accordance with th8 Compapies Act 2006. Ihe
Statement of Recommended Practlce: Accounting and Reporting by Charlt18s preparing their
accounts In accordance wlth the Financial Reporting Standard applicable in th6 UK and
Republic of Ireland (FRS 102) issued in October 2019 and the Fin8nclal Reporting Standard
applicable In the United Kingdom and Republlc of Ireland (FRS 102) and the Charities Act
(Northem Ireland) 2008, and UK Generally A¢c8Pted Accounllng Practice.
These financial statements have been prepared on a golng concem basls under the hlstorical
Cost conventlon. The finan¢lal statements have been presented In sterling, whlch Is Ihe
functional currency of the charity.
The prlnclpal accountlng policies adopted are set out below.
1.3 Fund accountlng
Income Includes restricted and unrestrlct8d funds. Unrestrlcted funds are funds which ar8
available for use at the dlscretlon of the trustees in furtherance of the general objectives of the
Company and have not been de$lgnated for other purposes.
R8Stricted funds are funds whlch ar8 to be used In accordance wlth specific restrlcllons Imposed
by donors or which have been raised by the charity for particular purposes. The costs of raising
and admlnlstering such funds are charged against the speclfic fund.
1.4 Income recognitlon
All Incoming resources are included In Ihe Statement of Financlal Activlties (SOFA) when the
charity is legally entitled to the Income after any performance condltlons have been m8t, the
amount can ba measured reliably and It is probable that the income wlll be recelved.
The charity recelves govemment grants. Income from govemmenl and other grants are
re¢ogni8ed at falr value when the charity has entitlement after any p8rfomiance conditions have
be8n met. it Is probable that the Income will be r8ceived and Ihe amount can be measured
rellably. If the enllllement is not met then these amounts are deferred.
Donated facilities and donated profasslonal servicés are recognised In Income at thelr falr value
when thelr economic benefit is probable, it can be méasured reliably and Ihe charity has control
over the item. Falr value is detemilned on the basls of the value of the gift to the charlty. For
example. the amount the charity would be wllling lo pay in the opan market for such facilitles
and services, A corresponding amount is re¢ognised in exp9nditure.
No amount is Included in the financial slatem8nt8 for volunteèr Ilme in line wlth the SORP.

ARDOYNE YOUTH ENTERPRISES (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED
31 MARCH 2025
1.5 Expendltura recognltlon
All expendlture is accountsd for on an a¢cruals basis and has been classified under headings
that aggregat8 all costs relatsd to the category. Expendilure Is recognised wher8 there is a16gal
or construcllve obligallon to make paymenls to third partles, It is probable that the settlement
will be requlred and the amount of the obllgation can be measured reliably. It is categorlsed
under the followlng headings,.
Costs of raising fijnds.,
Expendlture on ¢harllable actlvitles Includes; and
other expendlture repr8senting those items not fallin9 into th8 categories above.
Irrecoverabl8 VAT is charged as an expense against the a¢tlvlty for which expendilure arose.
1.6 Tanglble fixed assets and d8preclatlon
Tangible Ilxed assels ar8 stated at Cost less accumulated depreciation and accumulatèd
Impairment Ioss8S.
Depreclalion is provided on all tanglblle fixed assets. at rates calculated to write off thé Cost less
estimated resldual value of each asset on a systemic basls over Its expected useful life, as follows.,
Fixtures & fittings
Motor vehlc18
Leasehold bulldings
250/0 Slralght Ilne
25 /• redu¢ing balance
2°/0 Straight line
The galn or loss arlslng on the disposal of an assèt is d8termined as the diff8rence b8tw8en the
sale proceeds and the carrying value of the asset and is cr8dlted or charged to surplus or deficlt.
1.7 Cash and ¢a8h equlvalents
Cash and cash equivalents are baslc financlal assets and Include cash in hand, deposits held at
call with banks, other short-term liquid investments with origlnal maturities of three months or less.
and bank overdrafl$. Bank overdrafts are shown wlthln borrowlngs In current liabililles.
1.8 Debtors and credltors recelvablè I payable wlthln one year
Debtors and credltors with no stated Interest rate and receivable or payabl8 within one year are
recorded at transaction prfce. Any losses arising from Impalrment are recognlsed in expendlture.
1.9 Impalrnient
Assets not méasured at falr value are revlew8d for any indi¢allon that the asset may be
Impaired at each balance sheet date. If such indlcation exists, the recoverable amount of the
asset, or the asset's cash generatlng unit, is estlmated and compared to the carrying amount.
Where the carying amount exceeds Its recoverable amount, an impalrment loss is recognised
in profit or loss unless the assét is carried at a revalued amount where the impalrm6nt loss is
revaluation decrèase.
1.10 Provisions
Provisions are recognlsed when ther8 is an obligation at the balance she81 date as a result of a
past event, it is probable that an oufflow of economic benefits wlll be required In s8tt1ement and
th8 amount can be rellably estlmated.
1.11 Forelgn currency translatlon
Monetary assets and Ilabilities denomlnated in forelgn currencles are translated Into slèrllng at
the rates of 8xchange rullng at the balance sheet daté.
10

ARDOYNE YOUTH ENTERPRISES (A COMPANY LIMITED BY GUARANTEE)
NOTES TOTHE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED
31 MARCH 2025
Transactions In foreign ¢urr8ncies ar8 recorded at th8 rate of ex¢hang8 at the balance sheet dat8.
AJI dlfferences are taken to tha profit and loss account.
1.12 Taxatlon
The company is exempl from corporation tax, due to ils charltable status.
1.13 Employee benefits
The charity operates a defined Contributlon plan for the beneflt of its employees. Contrlbutlons
are expensed as they become payable.
1.14 Golng con¢8m
The financial statements have been prepared on a going concern basls as the trustees believe
that no material uncertainlies 8XlSt. The trustees have considered the level of funds held and
the expected16vel of income and expenditure for 12 months from authorising these financlal
statements. The budgeted income and 8xpenditure and18vel of reseNes are for the charity to
b8 abl8 to continu8 as a golng concem.
1.15 Cash flow statemont
The Chariti8s SORP 2019 recommend8 that cash flow 8tatem8nts should be prepared for larger
charitable entities. however the UK accountlng guidelines also allow for smaller entilles to elect
not to produce cash flow statéments. Ardoyne Youth Enterprises meals Ihe definillon of a sm811
entlty in lerms of th8 UK ac¢ounling standards and tha SORP 2019. The trustees have elected
not to prepare cash flow stalements In terms of provlslons allowed to smaller entitles.
Judgements and kèy sour¢e8 of esllmatlon uncertalnty
There ar8 no judgemgnts (apart from those Involving estimates) which hav8 been mada In Ihe
process of applying the above accounting policies that have a significant effect on amounts
recognlsed in the financial statements.
Ther8 are no key assumptions cOn￿rnIng th8 future and oth8r key sourc8s of estlmatlon
uncertalnty at Ihe reporting data that have a slgnificant risk of causing a material adjustment to
the carrying amounts of assets and liabilities wlthin the next financial year.
11

ARDOYNE YOUTH ENTERPRISES (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED
31 MARCH 2025
3. Total resourcos
Tolal
2024
As restated
Unreslrlcted
Funds
Restrlctod
Funds
Total
2025
Incomlng resour¢e$
Department for Communities
Community Relations Council
Belfast City Councll
Education Authorlty
other income
E Quinn Civlls Ltd
Communlty Fund
105,428
72,311
42,901
5,997
105.428
72.311
42,901
5,997
51,736
104,394
72,311
31.335
51,736
33,923
7,000
4.129
10,000
10,000
51,736
236,637
288,373
253.092
Ro8ources expended
Charltable actlvllles
Salaries
Staff penslon
Prol8Ct costs
Rent
Rates
Clèanlng
Heat, Ilght and power
Repairs
Computer wnnlng costs
Vehicle expenses
Subscriptlons
Accountancy
Bank charges
Insuranc8
Postsge and stationery
T81ephone
Sundry expenses
Depreciation
116,734
3,384
133.681
5,466
234
1.150
600
499
1,343
1,971
100
3,372
116,734
3,384
133,681
5.466
234
1,150
600
499
1,343
1,971
100
3,372
453
2.786
2,259
1,855
579
4,794
110,808
3,127
97,577
6.773
176
1.225
169
1,519
1,009
983
126
3.900
448
3,091
1,587
1,627
612
6.170
453
2,786
2,259
1,855
579
4,794
453
280,807
281,260
240,926
12

ARDOYNE YOUTH ENTERPRISES (A COMPANY LIMITED BY GUARANTEE)
NOTES TOTHE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED
31 MARCH 2025
Independent examln8r'8 remunaratlon
The Independent examinerfs remuneration amounts to an independent examination fee of £2,628
and £744 for payroll services.
S. Trustaos, romunaratlon
None of the Trustees (or any person connected with th8m) received any remuneratlon during the
year ended 31 March 2025 (2024- £nll).
6. Tru8tees' expen888
The TNSt88s received no payments for expenses during Ihe year ended 31 March 2025 (2024 -
£nil).
7. Employees
The average number of employees durlng the year ended 31 March 2025 was 7 (2024: 6).
Employmont costs:
2025
2024
Gross wages and salaries
Employer nallonal insurance costs
Defined conlributlon penslon costs
113,388
3,346
3,384
108.146
2.662
3.127
120,118
113.935
There were no employees whose annual remuneration was £60,000 or more.
Tanglble flxad assets
Flxtures &
Flttlngs
Bulldlngs
Mlnlbus
Totsl
Cost or valuatlon
At 1 April 2024
Additlons
46,755
59,750
8,284
114.789
At 31 March 2025
46,755
59,750
8,284
114,789
Dapreclatlon
At 1 April 2024
Charge for the y8ar
2,805
935
49,350
2,600
7,025
1,259
59,180
4,794
At 31 March 2025
3,740
51,950
8,284
63,974
Net book value
At 31 March 2025
43,015
7,800
50.815
At 31 March 2024
43.950
10.400
1,259
55,609
13

ARDOYNE YOUTH ENTERPRISES (A COMPANY LIMITED BY GUARANTEE)
NOTESTO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED
31 MARCH 2025
Debtors
2024
2025 As reststed
other debtors
Prepayments
13,630
624
3,975
595
14.254
4,570
10. Credltor8: amounts falllng du• wlthln onè year
2025
2024
Trade creditors
Taxation and social s8curity
Credit card
Accruals and deferred income
1,367
1,743
2,926
3,542
1.812
2.121
2,963
4,169
9,578
11,065
11. Analysls of not assets between funds
Unrestrlded
Funds
Rostrlct8d
Fund8
Total
Funds
Fixed assets
Current asséts
Current liabllltles
50,815
43.968
(9.578)
50,815
154,428
(9.578}
110,460
110,460
85,205
195,665
12. Restatement of prlor year balancos
The comparative figures In th8 accounts have been restated to adjust for an amount of £36,156
incorrectly included as a debtor at 31 March 2024.
Som8 Income and expense categories have been reclasslfied to show Ihese on a consistent
basls as the currént year.
14