Registration number N1072222 Youthlrfe Limited Flnancial Stat•m•nts & Trustees. Report for the year Ended 31 March 2024
Youthlife Limited Company limited by guaranto0 Contents Page Legal and Administrab've Infornation Trustees, report Independent Examinerfs Report Statement of Financial Activities for the year ended 31 March 2024 Statement of financial positK)n as at 31 March 2024 Notes to the Accounts 10-15
Youthlife Llmlted Company limited by guarantee Legal and Admlnlstrattve Infomiatlon Status . The organisation is a charitable company limited by guarantee, incorp)rated in Northern Ireland on 31 March 2009 and is recognised as a charity by the Inland Revenue. The goveming document is a Memorandum and ArtiCS of Association. Dlrectors . Ms Dorothy Hutchinson (Chairperson) Ms Paula Cunningham (Vice Chairperson) Mr Giovanni Doran Ms Catrina McFeely Ms Lisa Archibald Mr Alan Mcclure Mrs Tina Fallon Secretary . Mr Giovanni Doran Accountants . Dohety & Co Accountants Ltd Chartered Certified Accountants The Amp 11 Ebrington Square Derry BT47 6FA Main Bankern . Bank of Ireland 15 Strand Road Derry BT48 7BT Address: 23 Bishop Street Derry BT48 6PR Inland Revenue Charity Reference Number . XR 34422 Company Nurnr . N1072222 Charlty Commlslon for Northem Ireland Number: NIC105568 Page 1
Youthlife Limited Trustees. Annual Report for the Year Ended 31 March 2024 The financial statements comply with the Charities Act {Nl) 2022. Companies Act 2006, the Memorandum and Articles of Association. and Accounbng and Reporting by Charities. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019.) The company is govemed by a Memorandum and Articles of Association dated 31103109. The company number is Nl 72222 and the registerd office is 23 Bishop Street, DerylLondonderry, BT48 6PR. The company is a registered Northem Ireland chanty- reference NIC 105568. DIreoIS and trust•os The directors of the charitable company (the Chartyl are the trustees for the purpose of Charity Law. The trustees during the year and at 31 March 2024 were as follovts. Ms Dorothy Hutchinson Ms Paula Cunningham Mr Giovanni Doran Ms Catrina McFeety Ms Lisa Archibald Mr Aian Mcclure Mrs Tina Fallon Alan Mcclure stepped down from the board February 2024 due to ill health. Lisa Archibald left the board July 2023 due to family commitments. We are saddened by the loss of long-temi and active board member Paula Cunningham who died 19th November 2023 and remains in Our hearts and ethos of our work. Chairfs report 2023 stared with dwindling funds and naOW funding optM)rtunities; 2023 - 2024 was a challenging year for Youthlife as we endeavoured to secure longer term funding whilst continuing to deliver a first class service on a month-to month basis, without a guarant of ongoing security The govemment Mental Health Fund was opened and withdrawn raising concem. Early summer, 2023, Y realised we were entering a financial crisis and forecasted our finances lasting only unts'l the End of Dec 2023. Staff were steadfast in support of Youthlife., hopeful the situation would be resolved. I want to sincerely thank each member of staff and the board for their continuing dedication to Youthlife and to express how much l appreciate their inpu( dedication and support throughout the year. Despite the difficulties the year was successful and seprfices wthstand across the Western Trust. with counselling and Art Therapy delivered face to face from our Dery City Centre office and outposts active in Omagh and Enniskillen on CAMHS behalf, as well as counselling online and over the phone ft)r those who prefer. The Children In Need Waypoint project ended Dember 2023 after 9 years of engaging and training young peer mentors and offering outreach activity to support positive mental health in schools and the community. Thank you to Tina McHugh for her amazing work in the post. By March 2024 funds had been secured to allow Youthlrfe to continue to December 2024 with the hopes of further funding and maintained Servi into 2025 and beyondl The board wish to thank the staff. counsellors and volunteers for their continuing support and hard work during the year. Thanks also to our funders and supporters who have helped sustsin Youthlife throughout 2023-2024. Page 2
Youthlrfe Limited Trustees. Annual Report for the Year Ended 31 March 2024 Our purposes and actlvities The purpose of the charity is to support children and young people aged 5-25 years who have experienced bereavement, separation, and loss. Youthlrfe offer counselling, art, play and music therapies and peer mentor support. In shaping our objectives for the year and planning our actNities. the directors have considered the Charity Commissions guidance on public benefit requirement {PBR1). We endeavour to encourage a wide range of children, young people and their parents and carers to take advantage of our expertise and community signposting services. Our Volunteers The Charity is govemed by a Board of Directors vtho are all volunt., The Board of Directors oversee the financial affairs and administration and ensure the smooth running of the Charity's affairs in accordance with legal obligations, funders requirements and ethical stsndards. Youthlife promotes Youth-led services and have established a Youth Advisory Board who participated in training and personal and professional development for the rolel Our Volunteer Peer Mentors are young people aged 16-25 with lived experien of bereavement, separation and loss who undertake OCN qualifications and personal development workshops in order to help others. Thanks to Children In Need funding young people who require additional support upon exiting counselling can avail of Peer Mentor Support and efforts have been ongoing to secure this service without a dedicaled member of staff in place. Thanks to volunteers Sean Doherty, Michelle Mccoy and Mary Duddy who volunteered their time and expertise offering therapeuts'c support to children, young people and their families. Achlevements and perfomiance Our main achievement continues to be the charities timely and effective response to all referrals Youthlife received April 23-March 24. even though adversity and funding challenges. During this period we have maintained our relationship and contracts with WHSCT in relation to providing services for approximately 50 children and young people (440 sessions} in the Northern sector of the Westem Trust and completed delivery of an additional contract offering services across the Western Trust reaching an addrtional 50 children and young people (444 sessions). The service in Omagh and Enniskillen, provided by the Western Trust CAMHS. was temporarily closed from November. and rwpened February wtth a new contract. The National Lottery Communty Fund has secured a self-referral pathway to our services following bereavement., reducing CAMHS waiting list and ensuring children recerve the right support at the right time. NLCF provides 640 counselling sessions per year topped up and enhand though other small project funds with an addits'onal crisis pathway. This has developed and strengthened partnerships across the Children and Adolescent Mental Health statutory. community and voluntary sectors. Our Virtual Youthlife service continues to reach geographically and demographicalty as many teenagers in particular feel more confident attending sessions online or on the phone. Youthlife continue to offer services on CAMHS behalf in Omagh and Enniskillen. Youthlife have retained a skilled team and our reputab'on for quality services and meeting mental health need continues to grow. Page 3
Youthlrfe Limited Tru8tee8' Annual Report for the Year Ended 31 March 2024 Achlevements and perfomlance - contlnued In this period April 23 - March 24 Youthlife has engaged 276 chIldn and young people in 1887 counselling sessions including 150 clients {1104 sessions) delivered on CAMHS behalf. In addiknon. 50 young people in Longtower Primary engaged in a Transitions project. 8 young people engaged in peer mentoring OCN training 3 children enjoyed Equine Therapy over a 4 week period. 22 young women enjoyed empowering young women workshops through Oakgrove College. 8 young women participated in a mind Body Frt workshop. 6 active Youth Advisory Board members. 2 children availed of un-time-limited Art therapy {14 sessions) through the Looked after Children's services; our Art Therapy is highly regarded especialty where talking therapies are not an opknon or due to trauma or communication difficulties. Youthlife performance is measured through SDQS (Strength and difficulties questionnaires) and Youthlife evaluations. The SDQ responses measure improvements over a range of indicators including emotional and physical symptoms and relationships with friends, family and peers Response indicated Youthlife is an effectbve inteprfention. the majority if clients moving from 'abnormal' or 'borderfine' category to 'nomial' {SDQ temiinology) levels over the range of indicators. Feedback from parents and dients is highly positive with noticeable improvements wrthin the 8-10 week period. Following 1..1 counselling.. 860/0 of recent participants have reported 'yes, counselling has helped me,. 13% still felt unsure. 950/0 agree or strongly agree '1 am feeling more in control of my life.. 87.5 % agree '1 value and respect myself more ' 88% '1 feel I can cope more wrth everyday life., 780A 'my self esteem has increased., 79¥0 '1 have made plans for the future.. 87.50A '1 am managing my relationships better.. Flnan¢lal review Funding of £179,972 was secured during the year and donations and fundraising totalled £6,006. Direct costs including wages and programme costs vRre £120.962, administration overheads were £35,236 and depreciats'on of £461 was charged. This resulted in a surplus for the year of £29,780 which when added to opening reserves of £67,332, left the Charity with reserves of £97,112 at the year end. The Directors were pleased wrth the results for the year. The unrestricted reserves at the year end were £15,194. Reserves policy and going concern Resepies a needed to bridge the gap betsveen the spending and receiving of income and to cover unplanned emergency costs. Due to the nature of the activits.es of the Charity no material unplanned costs are expected. The major costs are wages, programme costs and rent but funding isthll be in place to cover most of these costs. The Directors cOnser that a satisfactory level of unrestricted reserves to be in the region of £7,000. Pag• 4
Youthlrfe Limited Trustees, Annual Report for the Year Ended 31 March 2024 Plans for future perfods Youthife's core seNice aims to secure 2000 sessions per year: delivered across the Dery and Strabane area. The end of the Children in Need project, and the loss of a staff member. has significantly reduced our capacity to deliver OCN training, The Peer mentonng service and outreach activities and workshops. Once our maximum capacity of 2000 sessions Is financially secure, funding efforts may tum to the creation of a coordinators post. and to maintaining sen41 in Omagh andlor Enniskillen to meet an identified need in more rural communities. Future plans also include, an increase in 'altem8tive therapies, including equine therapy, use of art, sport, dance and music to improve confidence and mental health. We will review and update our current strategy and, we seek to secure a new Coordinator post and, enhance board membership and development. Statement of Trustees, Responsibilities The Charity Trustees (who are also the directors of the Youthlife Limited for the purposes of company lawl are responsible for prepanng a Trustees, Annual Report and financial ststements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practitt}. Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair vw of the state of affairs of the charitable company and of the profit or loss of the company for that year. In preparing these the Trustees are required to.. - select suitable accounting policies and apply them consistentty; make judgements and ests'mates that are reasonable and prudent., - observe the methods and principles in the Charibes SORP; - state whether applicable UK accountsng standards have been followed, subject to any material departures disclosed and explained in the financial statements- prepare the financial statements on the going conrn basis unless rt is inappropriate to presume that the company will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assels of the company and hence for taking reasonable steps for the prevention and detecknon of fraud and other irregularities. This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 20C6. This report was approved by the Board on 28 October 2024 and signed on rts behalf by Dorothy Hutchinson Chairperson 28 October 2024 Page 5
Youthlife Limited Company limited by guarantee Independent Examinerfs report to the Charity Trustees of Youthlrfe Limited Year ended 31 March 2024 We report solely to the Chanty Trustees on our examination of the accounts for the year ended 31 March 2024. To the fullest extent permitted by law. we do not accept or assume responsibility to anyone other than Youthlife Limited and its Trustees as a body for our work or for this report. As a prath'sing member fimi of the Chartered Association of Certified Accountants we are subject to its ethical and other professional requirements which are detailed at wvM.accaglobal.com. Respectlve responslbllltles of charlty trustees and examlner As the Charity Trustees (and also the directors of the company for the purposes of company law} you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 and the Charrties Act (Northem Ireland) 2008. Having satisfied ourselves that the charity is not subject to an audit under company law, and is eligible for independent examinab'on, it is our responsibilty to.. -examine the accounts under section 65 of the Charities Act. -follow the procedures laid down in general directions given by the Charty Commission for Northem Ireland under Sectjon 65191(b) of the Charities Act. -state whether particular matters have come to our attention. Basis of independent examinevs report We have examined your Charity accounts as required under Section 65 of the Charities Act and our examination was carried out in accordance wrth the general directions given by the Charity Commission for Northem Ireland under Secb'on 65(9}{b) of the Charities Act. The examination included a VIeW of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Charity Trustees Conrning any such matters. Our role is to stste whether any material matters have come to our attents'on giving us concern to believe.. 1. that accounting records were not kept as required by Section 386 of the Companbes Act 2006 and Section 63 of the Charities Act; 2. that the accounts do not accord wrth those accounting records.. 3. that the accounts do not compty with the accountrng requirements of Section 396 of the Companies Acl 2006. the Charities Act and with methods and principles of the Charities Ststement of Recommended Practise applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland. 4. that there is further informats'on needed for a proper understanding of the accounts to be reached. Independent examinerfs statement We have completed our examination and have no concerns in respect of the matters11) to (4} above and, in connection with following the directions of the Charity Commission for Northern Ireland, we have found no matters that require drawing to your attention. Doherty The Amp 11 Ebrington Squarn Derry BT47 6FA Co Accountants Ltd 28 October 2024 Page 6
Youthlrfe Limited C¢)mpany limited by guarantee Statement of Financial Activities for the year Ended 31 March 2024 Unrestrfcted Restricted Funds Funds Totals Totals 2023 Notss Incomln Resources Donations, legacies and similar incoming resources 6,01 2,000 Income from activities of furtherance of charitable objects 179,972 179,972 111,321 Income from acts"vits'es for generating funds Total incoming resources 6,006 179,972 185,978 113,321 Resources Ex ended Charitable expendilure.. Furtherance of charitable activities 120,962 120,962 130,939 Management and administrab'on 41 35,195 35.236 34,668 Depreciation 461 Total resources expended 41 156,157 156,198 166,068 Net movement In funds In year 5.965 23,815 29,780 (52,747) Total funds brought forward at 31 March 2023 9.229 58.103 67,332 120,079 Total funds carriod forward at 31 March 2024 15,194 81,918 97,112 67,332 There are no recognised gains or losses other than the profft or loss for the above financial year. Page 7
Youthlrfe Limited Company limited by guaranta• Balance Sheet as at 31 March 2024 Unrestricted Restricted Funds Funds Totals Totals Notes Flxed Assets Tangible Assets Total flxed assets 1,842 1,842 1,842 1.842 1,842 1,842 Current Assets Debtors Cash at bank and in hand Total current assets 2,814 63,608 66,422 15,194 15,194 81,050 81,050 96,244 96,244 Creditors: amounts falling due withln one y¢ar 1974) (974) 932 Net current assets 15.194 80.076 95,270 65,490 Total assets less current liabilities 15,194 81,918 97,112 67,332 Net assets 15,194 81.918 97.112 67,332 Financed Funds 15.194 81,918 97,112 67.332 For the year ended 31 March 2024 the company was ented to exemption from audtt under section 477 of the Companies Act 2006 relabng to small companies. Directors responsibilities.. The members have not required the company to obtain an audit of its financial ststements for the year in question in accordance with section 476,. The trustees acknowledge their responsibilities for comptying the requirements of the Act wth respect to accounting records and the preparation of financial statements. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,. Page 8
Youthllfe Llmited Company limited by guarantee These financial statements were approved by the Board of Directors and authorised for issue on 28 October 2024, and are signed on behalf of the Board by, Dorothy Hutchinson Director Company Registrdtion Numbor: N1072222 Page 9
Youthlife Llmlted Company limited by guaranteo Notes to the flnancial ststements Year ended 31 March 2024 General Infomiatlon The Charity is a charitable private company limited by guarantee, regIsted in Northem Ireland. The address of the registered office is 23 Bishop Street. Derry, BT48 6PR. Accounting pollcies Basis of preparation The financial ststements have been prepared in accordance with Accounting and Reporting by Chanties. Ststement of Recommended practi applicable to charities preparing their accounts in accordance the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP {FRS 1021). the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 and the Companies Act 2006. Youthlife Limited meets the definib'on of a public benefit entty under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). Tumover Tumover represents the total value of grants received and receivable as well as other income arising from other operating and fvndraising activities during the year. Grants are recognised in the Profit and Loss account when the condrtions for their receipt have been complied wrth and there is reasonable assurance that the grant Y11 be received. Tangible assets Tangible assets are initially recorded at cost. and are subsequently stated at cost less any accumulated depreciation and impairment losses. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset. less its residual value, over the useful economic life of that asset as follows: Plant and machinery 20% reducing balance Page 10
Youthlrfe Limited Company limited by guarantee Notes to the financial statements (continued) Year ended 31 March 2024 Flnanclal instruments A financial asset or a financial liability is recognised only when the company becomes a paty to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is rects3nised at the present value of the future payments discounted at a market rate of InteSt for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-converb'ble preference shares and non-puttable ordinary shares or preferen shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequenuy measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impaiment. Other financial instruments. including derivatives. are initially recognised at fair value, unless payment for an asset is deferred beyond normal business temis or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, wth any changes recognised in profit or loss, with the exception of hedging instruments In a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impaiment at the end of each reporb'ng date. If there is objective evidence of impairment an impairment loss is recognised in profit or loss immediatety For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed Individually for impainnent. Other financial assets or erther assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impaiment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previousty been recognised. Funds Unrestricted Revenue Funds - comprise those revenue funds which the management committee are free to use in accordance with the company objectives. ReStrted Revenue Funds - comprise those revenue funds which have been given for particular purposes and projects Llmitsd by guarantse The company is limited by guarantee and a registered charity by Revenue & Customs. HMRC Chanty Reference: XR 34422 Charity Commission of Northem Ireland Number. NIC105568 Page 11
Youthlife Limited Company limited by guarantee Notes to the financial statements Icontinued) Year ended 31 March 2024 5. Incoming Resouces Unrestricted Restricted Funds Funds Totals 2024 Totals 2023 Donations le acie8 and similar incomin resources Donats'ons and fundraising 6,006 6,006 6,006 2,000 2,000 Income from actlvltes of furtherance of charitable ob ects Big Lottery Community Fund CAMHS Trusthouse Seeds IWHSCT) Children In Need LFT Albert Hunt Halifax Foundab'on Victoria Homes Childrens Court Enkalon WHSCT B&Q Youth Justs"ce 64,150 58,507 16,650 15.000 8,295 4,980 4,000 3.150 2.560 1,450 1,000 230 64.150 58,507 16,650 15,000 8.295 4,980 4,000 3,150 2,560 1,450 1,000 230 30.050 26,920 41,741 4,980 1,655 5.000 975 179.972 179.972 111,321 Income from activities eneratin funds Other Total Investment and other income Interest received Total incomlng resources 6,006 179,972 185,978 113,321 Page 12
Youthlrfe Limited Company limited by guarantee Notes to the financlal ststements (continued) Year ended 31 March 2024 Resources expended Unrestricted Restricted Funds Funds Totals 2024 Totals 2023 Furtherance of charitsble actlvlties Wages and salaries Programme costs Travel expenses Hospitalty expenses Totsl 51.217 69,412 255 78 120,962 51,217 69,412 255 78 120,962 52.481 76,581 919 958 130,939 Mana ement and administrdtion costs Training Rent Insurance & subscriptions Light and heat Repairs and maintenance Printing. postage and stats"onery Publicity Telephone & intemel Computer & equipment costs Consultancy fees Accountancy fees Bank charges General expenses Total 409 24.800 409 24,800 1,984 1,048 1,799 498 85 2,244 780 181 900 141 367 35.236 1,334 21,250 2,850 1,024 968 1,103 85 1,981 773 2,167 920 1,048 1,799 498 85 2,228 780 181 900 141 342 35,195 16 25 41 127 34,668 reclation Depreciation of tangible assets 461 461 Total resources expended 41 156,157 156,198 166,068 Page 13
Youthlife Limited Company limited by guarantee Notes to the financlal statements (continued) Year ended 31 March 2024 Tanglble assets Plant and machinery Total Cost At 1 April 2023 and 31 March 2024 11,494 11,494 Depreciation At 1 April 2023 and 31 March 2024 9,652 9,652 Carrylng amount At 31 March 2024 1.842 1,842 At 31 March 2023 1,842 1,842 Debtors 2024 2023 Other debtors 2,814 Credltor8: amounts falling due within one year 2024 2023 Other creditor5 974 932 10. Contingent assets and liabilities Youthlife Limited has r1Ved grant assistance from govemment, public and other bodies. The payment of these grants is made subject to certain conditions being fulfilled by the company. The directors consider these conditions wll be satisfactorily fulfilled and the likelihood of the company having to repay any grant is remote. Page 14
Youthlrfe Limited Company limited by guarantee Notes to the financial statements (continued) Year ended 31 March 2024 11. Analysis of charitsble funds Analysls of movements in unrestricted funds Balance at IncomingResources 1 April 2023 Resources Expended Transfers Funds at 31 March 2024 General Fund 9.229 {41) 15.194 9,229 6,0( (41) 15,194 Name of unrestricted fund Description of the Fund General Funds Funds which the Charity is able to apply freely in pursuit of its ¢)wn chantsble objectives and related purposes. Anatysls of movements in restricted fund8 Balance at IncomingResources 1 April 2023 Resources Expended Transfers Funds at 31 March 2024 Restricted Fund 58,103 179,972 (156,157) 81,918 58,103 179.972 (156,157) 81,918 Name of restricted fund Restricted Fund Description of the Fund Funds which the Charity applbes for pa'cular purposes and projects in pursuit of its charitable obJectNes. Analysis of net assets between funds General Restricted Fund Fund 1,842 Total 1,842 Fixed Assets Debtors Cash at bank and in hand Creditors 15,194 81,050 (974) 96,244 (974) Total 15,194 81,918 97,112 Page 15