The National Council of Young Men's Christian Associations of Ireland Limited Financial Statements for the yeaT ended 31 March 2023 Company Number: Nl 15660 Charity Number: XN 45820 CCNI: 105739
The National Council of Young Men's Christian Associations of Ireland Limited Table of Contents Company Information Report of the Executive Committee 2-10 Report of the Independent Auditors 11-14 Stalement of Financial Activities 15 Balance Sheet 16 Cashflow Statement 17 Notes to the Financial Statements 18-29
The National Council of Young Men's Christian Associations of Ireland Limited Company Information for the year ended 31 March 2023 CHAIRPERSONS Mr Jonny Currie & Ms Leanne Young SECRETARY Ms Jade Irwin TREASURER Mr Gareth Kirk TRUSTEES See Report of the Executive Committee BANK Ulster Bank Limited 11- 16 Donegal Square East Belfasl BTI SUB AUDITOR FPM Accountanls Lld Chartered Accountants Unit I, Building io Central Park, Mallusk Road Newtownabbey, BT36 4FS REGISTERED OFFICE National Centre Greenhill YMCA Donard Park Newcaslle BT33 OGR Co. Down REGISTERED COMPANY NO. Nl 15660 REGISTERED CHARITY NO. XN 45820 CCNI REGSTERED NO. NIC105739. KEY MANAGEMENT PERSONNEL John Peacock - National Secretary David Backhouse - Deputy National Secretary
The National Council of Young Men's Christian Associations of Ireland Limited Report of the Executive Committee for the year ended 31 March 2023 INTRODUCTION The Truslees present their annual report together with the audited financial statements of National Council of YMCAS Ireland Ltd for the year ended 31 March 2023. The Trustees confimi that the Annual report and financial statements of Ihe company comply with the requirements of the Company Memorandum and Articles and have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended practi applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019) (Charilies SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). This report provides information on National Council of YMCA'S activities and financial performance. It forms part of a range of public information designed to give an open accouni of our work. TRUSTEE'S RESPONSIBILITIES STATEMENT The Trustees are responsible for preparing the Trustee's report and the financial statements in accordance with Generally Accepied Accounting Praclice in Ireland including the accouniing standards issued by the Accounting Standards Board and published by the Institute of Chartered Accountants in Ireland. The Trustees must not approve the financial stalements unless they are satisfied that they give a true and fair view of ihe state of affairs of the charity and of Ihe incoming resources and application of resources, including the income and expendilure, of the charity for that period. In preparing these financial statements. the Trustees are required to.. select suitable accounting policies and then apply them consistently- observe the methods and principles in the Charities SORP., make judgments and accounting estimates that are reasonable and prudent; prepare the financial statements on the going concern basis unless it is inappropriate to presume Ihat the charity will continue in operation. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity'ss transactions and disclose with reasonable accuracy at any lime the financial position of the charity and enable them to ensure that the financial stalements comply wilh current statutory requirements. The Trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevenlion and detection of fraud and other irregularities. STRUCTURE GOVERNANCE AND MANAGEMENT a. STRUCTURE YMCA Ireland is a charitable company limited by guarantee. It was incorporated in 1982 when it became independent from YMCA England. The Company is governed by its Memorandum and Arlicles of Association. The company has been granted charitable status by the Inland Revenue and accordingty is exempt from income tax, corporation and capital gains lax. It is also regislered with the Charity Commission for Northern Ireland. Registration number: NIC105739 It'5 charity reference number is XN45820.
The National Council of Young Men's Christian Associations of Ireland Limited Report of the Executive Committee for the year ended 31 March 2023 b. METHOD OF ELECTION National Council is an umbrella body for local YMCA associations in the island of Ireland. It is managed by an Executive Committee. whose members are elected at the Annual General Meeting. In addition Honorary Officer Bearers are elected to serve on the Executive Committee, these being a Chairperson, Honorary Treasurer and 2 Vice ChairpersonslPresidents. Currently Ihe members of the National Executive are registered as Company Directors. The AGM elects Irustees to the National Council of YMCAS of Ireland (Rol) CLG each year as its registered charity entity in Ihe Republic of Ireland. The Accounts for Ihis company are published separately and it is registered wilh the Charity Regulatory Authority in the Republic (20026585). Members elected at the AGM held on the igth November, 2022 were.. Ms Leanne Young (Co-chairperson) Mr Jonny Currie (Co-chairperson) Mr Roger Earl Ivice President Rol) Ms Jade Irwin (Company Secretary) (appointed 19th November, 2022) Mr Gareth Kirk (Treasurer) Mr Chris Cupples (appointed 19th November, 2022) Ms Karen Graham Ms Lisa Dunn Mr Gordon Lightbody Mr John McNicholls Mr Dave Wiggins Mair Kelly Mrs Helen Dunn Mr Blair Austin Dean Nutt (appointed 19th November, 2022) Kathryn O'mahony (appointed 191h November, 2022) Ms Michele Taylor (appointed 19th November. 2022) Lorna Somers (appointed igth November, 2022) Colin Meikle (appointed 19th November, 2022) Antoine Rivoire (resigned 19th November 2022) Ms Philippa Jordan (resigned 19th November 2022) Mr Simon Brown (resigned 19th November 2022) Ms Karen Witherspoon (resigned 19th November 2022) (appointed 19th November, 2022) Bank.. Ulster Bank Belfast City Branch Solicitors.. Hewitt and Gilpin Belfast c. POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF TRUSTEES YMCA Ireland has developed and adopted a Trustee Handbook which sets out the necessary information for Trustees required to execule their role. This has been prepared in line with the Governance Code which informs best practice in Ihis area. YMCA Ireland has formaly signed up to The Governance Code for the Community, Voluntary and Charitable Sector in Ireland. d. ORGANISATIONAL STRUCTURE AND DECISION MAKING The Trustees meet as part of the Nalional Executive of the National Council of YMCAS of Ireland Ltd. During 2022123 the National Executive met on 7 occasions. In addition there is a Personnel & Training Standing
The National Council of Young Men's Christian Associations of Ireland Limited Report of the Executive Committee for the year ended 31 March 2023 Committee which is responsible for advising ihe National Execulive on personnel issues, a Finance and Audit committee which meets to prepare and monilorthe audit process and a Global Justice & International Development Standing committee. In addition the AGM have appointed Standing Committees for Greenhill YMCA, Portadown YMCA and Newcastle YMCA which meet to assess local needs, develop strategy and scrutinise the local budget. All committees have terms of reference and are accountable to Ihe Executive at each meeting. None of the YMCA Trustees received remuneration for their seNices. Day to day operational and programme delivery is the responsibility of the Senior management and operational staff team. e. RELATED PARTY RELATIONSHIPS The AGM appoints Trustees to the National Council of Ireland YMCA (ROI) CLG which is registered wilh the Charity Regulatory Authority. These trustees are all members ot the National Executive Committee. f. RISK MANAGEMENT The National Executive has assessed the major risks to which the Company is exposed, in particular Ihose related to the operations and finances of the Charity, and is satisfied that syslems and procedures are in place to mitigate our exposure to the major risks. The organisation has a Risk Register which is prepared by the senior management team and reviewed annually by ihe National Executive. The risk register seeks to summarise the threats or possibility that an action or event (or sometimes inaction) will adversely affect our oroanisation's ability to achieve its objectives. We strive to: Avoid unnecessary risks Control risks which inevitably arise as a result of our activities A key risk at this time is the increase in the cost of living costs and the uncertainty of funding within the voluntary sector in Ireland. Pay Policy for Staff The National Council at its Annual General Meeling appoint a Standing Committee to oversee all Personnel matters. All staff remuneration is based on a job evaluation system based on job function and responsibility and salaries are set against a YMCA Pay Scale. The Committee examined salaries against the NJC scale5. which indicaled that the remuneration levels for staff were appropriately aligned with sector averages. Pension Scheme The Council operates a Workplace Pension Scheme with Royal London, which is administered on behalf of the Trust by a professional advisor. Slaff are enrolled in the scheme on appointment with a postponemenl period of three months. Volunteers The YMCA is dependent on the contribution of volunteers for both the delivery of programmes and services and also for providing strategic and operational oversight of its activities at both a local and national level. In addition to local programme and management volunteers, the YMCA also hosts a number of international volunteers. In 2022123, approximately 50 volunteers were engaged wilh the National Council in Nl. We estimate a total of 50,000 hours ot voluntary work were contributed at £10.42 per hour { national Living Wage with effect from l April 2023), this equates to a contiibution (in terms of social capitat) of over £500,000 in 2022123. The YMCA operates a policy where travel and out of pocket expenses can be reimbursed to volunleers.
The National Council of Young Men's Christian Associations of Ireland Limited Report of the Executive Committee for the year ended 31 March 2023 Objectives and Activities In setting our objectives and planning our activities for the year the trustees have given careful consideration to the Charity Commission for Northem Ireland's guidance on public benefit to ensure that the activities have helped to achieve the YMCA'S purposes and provide a benefit to the benefi¢iaries. a. VISION AND OBJECTIVES YMCA Ireland's vision is for.. A world where young people, their families and communities flourish in boty, mind and spirit. Our mission is 0fOld.. i. to create inclusive communities where everyone feels welcomed. accepted and inspired by social justice and peace for all, and 2. to provide life enriching opportunilies for young people, their families and communities. YMCA Ireland's principal objectives as laid out in its Memorandum and Articles of Association are,. l. To provide or assist in the provision of education, for people of all ages and in particular young people, with the object of developing their physical, mental or spiritual capacities. 2. To promote healthy living including emotiond and mental wellbeing throuoh the provision of information, education and activitie5. 3. To promote community engagement and citizenship, for young people, their families and other adults for the purpose of family support, community relations and active citizenship. 4. To relieve or assist in the relief of need experienced by people of all ages and in particular young people, who are in conditions of hardship or distress by reason of their socid, physical. emoiional, spirilual or economic circumstances. Oui value base is that every YMCA will be a place of.. Welcome (diverse, inclusive. accepling, unconditional love, safe space),. Opportunity (youth & community led, listening for young people's voice, believing in people's potential, participation) Wellbeing (thriving. tlourishing, working from a strengths based and holistic approach) Peace (peacebuilding, fairness, sharing) & Justice (tairness, integrity, global citizenship) Guiding Principles We are committed to: An all-island approach- Collaborative & partnership working; Being progressive & responsive., Listening & Learning., A holistic approach to young people (person, family, community, world); A whole family approach.. Being trauma informed and flourishing; Climate action and Ihe sustaining of our environment- Global justice and Internation developmenl., Working in ways that are stimulating and enjoyable.
The National Council of Young Men's Christian Associations of Ireland Limited Report of the Executive Committee for the year ended 31 March 2023 b. STRATEGIES FOR ACHIEVING OBJECTIVES l. Strengthening our Organisation to ensure we remain Sustainable and Relevant. Why: In order to fulfil our Vision and Mission, and to sustain our ethos as a Faith Based organisation. we recognise the need to strengthen our organisation to be more sustainable in terms of finance, people and ethos, becoming more resilient and adaptive to our changing environment. This will enable us to adhere lo our Guiding Principles, specifically: An all-lsland approach., Collaborative & partnership working; Being progressive & responsive; Listening & Learning. By exploring options for increasing diversity in funding streams including alternative statutorylgrant funding, development of social enterprises. fundraising opportunities. Through developing a clear governance structure, effective and purposeful leadership, and focussing on the wellbeing of a strong staff and volunteer team. By staying true to our foundations while exploring ways and means to be accepting and inclusive in our modern world. Progress We have appointed a Business Development Officer to support the YMCA, locally and nationally, lo become more effective and sustainable. We have appoinied a Chaplaincy Coordinator to help us stay true to our ethos while exploring ways to be inclusive in our communities. 2. Taking Steps towards Sustaining the Planet and Global Justice Why.. Our Mission and Vision commits us to take action for the protection and regeneration of our Planet, preparing for a Just Transition lo a world where humans live in full harmony wilh Nalure. This is an expression of our Values of Opportunity, Wellbeing, Pea and Juslice and will adhere to our Guiding Principles, specifically.. Being progressive and responsive; Climate action and the sustaining of our environment.. Global justice and internalional development. We will take steps towards becoming a dimate-neutral Movement, building a roadmap thatwill allow all YMCAS to make measurable and meaningful progress in their policies and practices based on our Climate Justice Charter. We will inspire our members, staff. volunteers and community stskeholders to practice so¢ial justice and champion environmental responsibility while also integrating climate education components for young people an(1 communities in our programmes. We will provide Global Citizenship training to ensure young people, staff and volunteers become active global citizens committed to a fairer and more sustainable future for all. Progress Irish Aid ftjnding has been secured enabling us to appoint an All-lsland team to help the YMCA movement to be more effective in advocating for climate action and be more progressive in terms of global justice and international development. The Global Justice & Inlernational Development Committee has produced a Global Justice and International Development policy for ratification by the Nationat Executive. A youth-led conference
The National Council of Young Men's Christian Associations of Ireland Limited Report of the Executive Committee for the year ended 31 March 2023 has been held, surrounding the AGM, to ensure this issue is at the forefront of YMCA activilies going forward. Ensuring Effective and Relevant Movement Support Our Vision and Mission commits us to supporting the development and capacity of our local associations. recognising our role as a National organisation to build a strong neOrk of YMCA'S across Ireland who deliver excellent local and regional services. This will enable us to adhere to our Guiding Principles, specifically.. An all-island approach-, Collaborative & partnership working., Being progressive & responsive- Listening & Learning. By providing a range of shared services in response to the needs of local associations By providing quality assuran, youth work, personnel. financial & health & safety support as required By facilitating relevant support to local Boards of Management and General Secretaries and other staff to facilitate cooperative working and strategic thinking. By providing a suite of training and learning opportunities through the Workforce Development Group. to promote best practice, shared learning and stafflvolunteers who feel connected and confident in their roles. Progress NS, DNS, Training Officer, Personnel Officer & Finance Officer conlinue to provide a range of services to local associations and the wider movement. The appointment of a BDO & a Communications Officer is also contributing io this objective. 4. Deliver Effective Youth, Family & Community Services and Programmes Why". In order to achieve our Vision and Mission, we will continue to deliver effective *rvices and programmes that ensure better outcomes for the young people, families and communities with whom we work. This delivery will be an expression of our Values of Welcome, Opportunity, Wellbeing Peace and Justice, and will adhere to our Guiding Principles, specifically: Collaborative & partnership working; Being progressive & responsive. Listening & Learning., A holistic approach to young people (person, family. community, world): A whole family approach,. Being trauma informed and flourishing-, Working in ways that are stimulating and enjoyable. How? By facilitating local & regional needs-led programmes that are youth led and inclusive By developing collaborative expertise in thematic areas such as Global youth Work or Peacebuilding By demonstrating clearly the effectiveness of our ServIS and delivery of programmes By researching & piloting new tools for measuring the impact of our services By the development of curriculum resources which support the provision of services at a local and regional level Progress Slaff continue to provide locat & regional services in Cork. Cobh. West Cork, West Dublin, Portadown,
The National Council of Young Men's Christian Associations of Ireland Limited Report of the Executive Commsttee for the year ended 31 March 2023 Newcastle & at our National Centre at Greenhill. Portadown YMCA appointed a new General Secretary and plans for Ihe future are looking very positive. Newcastle YMCA have moved to the Belfry, a central location which places the association at Ihe heart of the community. Greenhill YMCA opened its new hub and this has become a valuable resource for both visiting groups and the local community (through swimming lessons for example)- West Cork YMCA in Clonakilty moved into a new purpose built premises in partnership with the Clonakilty Community Youlh Committee and continues to be the primary provider of youlh services to young people in the area. Cork City YMCA has been improving its Marlboro Street premises and facilities and is operating a5 a busy hub of youth work and support services the the YMCA in Crk region and beyond. Cobh YMCA has also renovated its premises and provides youth vocation (STEP) and family support (PAKT) to the community in Cobh. West Dublin YMCA has appointed a new regional development officer and deepened long standing relationships with the community and wilh its core funders. Develop Effective Communication: Why.. In order to achieve our Vision and Mission, we will promote the image and values of the YMCA in Ireland by ensuring that relevant informalion is communicated to both our intemal and external siakeholders. Thi5 will enable us to adhere lo our Guiding Principles, specifically.. Collaborative & partnership working., Being progressive & responsive., Listening & Learning; Working in ways that are stimulating and enjoyable. By increasing collaboration and knowledge exchange among YMCAS By representation on a range of external bodies of influence whose policies and strategies impact our services. By amplifying the voices of young people by representing their views as well as enabling young people to participate in existing and new fora. By providing links betrNeen local, national. European & World YMCA netrNorks. By building a renewed communications strategy to ensure that the work is communicated internally and externally. Progress We have appointed a Communications Officer to fulfil a renewed communications stralegy and plan and to promote the work of the YMCA in Ireland. The Nalional Secretary continues to represent our movement at European & World YMCA levels. Plans for future periods FUTURE DEVELOPMENTS A £lm centre for Greenhill YMCA has been completed and provides space for 160 people to gather at Greenhill for activities and programmes. In addition, this facility incorporates a hydrotherapy pool for Ihe use of young people with additional needs, thanks to funding from the Nalional Lottery. This facility has also enabled the development of swimming lessons which has generated some much needed income. Other social enterprises, such as an ice cream parlour are being considered.
The National Council of Young Men's Christian Associations of Ireland Limited Report of the Executive Committee for the year ended 31 March 2023 The strategic plan was approved at the AGM in November, 2022. Work based on the strategic plan is highlighled above and will conlinue lo guide annual work plans for all departments over the coming year. Applications have been submitted for Peace Plus funding. If these are successful, it will have a significantly posilive impact on YMCA Ireland finances from 2024 onwards. Financial review The over1 financial performance for the year was satisfactory due to the financial climate. The charity's total reserves decreasing by £31g,734 to a still very healthy £4.223,840. Unrestricted funds at £706,803 decreased by £25.532 whilst funds set aside for specific purposes "designated funds" at £138.010 increased by £53,748, a net decrease of £79,280. The balance sheet of the charity remains strong. The cash position at the year end was at £613,101 an increase of £62,609 compared to the start of the year. Creditors payable at the year end were £241,006 an increase of £50.462. There were no cash flow issues encountered during the year. a.GOING CONCERN After making appropriate enquiries, the Trustees have a reasonable expectation that Ihe Council has adequate resources to continue in operational existence for the foreseeable future. b. FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES The National Council seeks to balance its income between self generated funding and fundraising including institutional support and government grants. Over dependence on a single source of finance is a concern and reserves are kept to ensure any sharp downlurns in funding can be accommodated. The National Executive receives bi-monthly financial reports outlining income and expenditure against budgets. This can enable management to identify any issues as they arise and take corrective action. c. PRINCIPAL RISKS AND UNCERTAINTIES YMCA is working towards being more self-sustaining and resilient through spreading the funding base and taking a more intentional social enterprise approach as we can no longer afford to depend on Ihe Education Authority as a primary source of funding. c. RESERVES POLICY Nationai Executive committee have established a policy whereby the unrestricled funds not committed or invested in tangible fixed assets {'the free reserves.) held by the charity should be three months to six months of Ihe unrestricted resources expended. At this level the Executive feels that National Council would be able to continue the current activities ol the charity, in Ihe event of a significant drop in funding. It would be necessary io consider how the funding would be replaced or the activilies changed. At present free reserves, excluding designated fund5. amount to £706,803. Provision has also been made for polential redundancy costs should governmenl funding be wilhdrawn or significantly reduced. These funds are held to offset any sudden changes in granl aid to the organisation.
The National Council of Young Men's Christian Associations of Ireland Limited Report of the Executive Committee for the year ended 31 March 2023 DISCLOSURE OF INFORMATION TO AUDITORS The Trustee at the time when this Trustees report is approved has confirmed that.. so far as that Trustee 15 aware, there is no relevant audit information of which the Trust auditors are unaware, and that Trustee has taken all the steps that ought to have been taken as a Trustee in order to be aware of any relevant audit information and to establish that the Trust auditors are aware of that information. This report was approved by the Trustees on Wednesday 20th September 2023 and signed on their behalf by: Mr urrie (Co-chairperson) for and on behalf of National Council of YMCAS of Iland Limited io
Report of the Independent Auditors to the members of The National Council ot Young Men's Christian Associations of Ireland Limited (a company limited by guarantee) Opinion We have audited the tinancial statements of The National Council of Young Men's Christian Associations of Ireland Limited for the year ended 31 March 2023 which comprises the Statement of Financial Aclivities. Ihe Balance Sheet, the cash flow statement and the notes to the accounts, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102. The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Genera]IyAccepted Accounting Practice). In our opinion the accounts-. - give a true and fair view of the state of the charitable companys affairs as at year ended 31 March 2023 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended., have been properly prepared in accordance with United Kingdom Generally Accepied Accounting Practice; and - have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the accounts section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the accounts in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statemenls, we have concluded that the trustees. use of the going concern basis of accounting in the preparation of the financial statemenis is appropiate. Based on Ihe work we have performed, we have not identified any material uncertainties relaling io events or conditions that. individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees wilh respect to going concern are described in the relevant sections of this report. li
Report of the Independent Auditors (continued) to the members of The National Council of Young Men's Christian Associations of Ireland Limited (a company limited by guarantee) Other information The trustees are responsible for the other infomiation. The oiher information comprises the information included in the annual report, other than the financial statements and our audiiors. report thereon. Our opinion on the financial statements does not cover the olher informalion and we do not express any form of assuran conclusion thereon. In conneclion with our audit of the financial statements, our responsibility IS to read the other information and, in doing so, consider whether the olher information is materially inconsistent with the financial slalements or our knowledge obtained in the audit or otherwise appears to be materially misslaled. If we identify such materia] inconsistencies or apparent material misstatements, we are required to determine whether there is a malerial misstatement in the financial stalements or a material misstatemenl of Ihe other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information. we are required to report that fact. We have nothing to report in this regard. Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of our audit.. - the information given in the Trustees Report for the financial year lor which Ihe accounts are prepared is consistent with the accounts: and - the Trustees Report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of Ihe knowledge and understanding of the Trustees and ils environment obtained in Ihe course of the audit, we have not identified material misstatements in the Trustees Report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion: adequate accounting records have not been kept. or returns adequate for our audit have not been received from branches not visited by us: or - the accounts are not in agreement with the accounting records and returns,. or certain disclosures of trustees. remuneration specified by law are not made., or - we have not received all the informalion and explanations we require for our audit. 12
Report of the Independent Auditors (continued) to the members of The National Council of Young Men's Christian Associations of Ireland Limited (a company limited by guarantee) Responsibilities of Trustees As explained more fully in the Statement of Trustees Responsibilities, the Trustees are responsible for the preparation of the accounts and for being satisfied that Ihey give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of accounts that are free from material misstatement, whether due to fraud or error. In preparing the accounts, the Trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either interid to liquidate the company or to cease operaiions, or have no realistic aternative but to do so. Auditor's responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the accounts as a whole are free from material misstatement, whether due to fraud or error. and to issue an auditors report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee thal an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misslatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these accounts. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect malerial misstatements in respecl of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities. including fraud, is detailed below. We obtained an understanding of the legal and regulatory framework applicable to the company through enquiry of management, industry research and the applicats-on of cumulaiive audit knowledge. We identified the following principal laws and regulations relevant to the company- Companies Act 2006 and the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland (FRS 102)- We developed an understanding of the key fraud risks to the entity (including how fraud might occur), the controls in place to help mitigate those risks, and the accounts, balances and disclosures within the financial statements which may be susceptible to management bias. Our understanding was obtained through review of the financial statements for significant accounting estimates, analysis of journal entries. walkthrough of the key controls cycles in place and enquiry of management. Our procedures to respond to those risks identified included. but were not limited lo.. Enquiry of management. those charged with governance and the entity's solicitors around actual and potential litigation and claims. Enquiry of management to identify any instances of non-compliance with laws and regulations. Reviewing minutes of meetings of those charged with governance. Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations. Auditing ihe risk of management override ot controls. including through testing joumal entries and other 13
Report of the Independent Auditors (continued) to the members of The National Council of Young Men's Christian Associations of Ireland Limited (a company limited by guarantee) adjustments for appropriateness, and evaluating ihe business rationale of significant transactions outside the normal course of business. A further description of our responsibilities for the audit of the accounts is located on the Financial Reporting Council's website at: http-l.frc.Org.uk1audltorSresp0n5lbllitles. This description forms part of our auditorfs report. This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Acl 2006 and regulation5 made under thal Aci. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required lo state to them in an auditors, report and for no other purpose. To the fullesi extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its members as a body, for our audit work, for this report, or for Ihe opinions we have lormed. JL Grant (Senior Statutory Auditor) for and on behalf of FPM Accountants Ltd Chartered Accountants & Statutory Auditor Date Unit l. Building 10 Central Park Mallusk Road Newtownabbey BT36 4FS 14
The National Council of Young Men's Christian Associations of Ireland Limited Statement of Financial Activities (incorporating the Income and Expenditure Account) for the year ended 31 March 2023 Restricted Funds Unrestricted Funds Designated Funds 2023 Total 2022 Total Notes Income and endowments from: Donations and legacies 39,903 21.821 500 62.224 192,273 Charitable Activities.. Non-capital Capltal Grants 484,881 7,500 969,145 1,454.026 7,500 1.659.530 10.487 Other lrtcome 185.150 185,150 154.434 Total Income and endowments 532.284 1.176.116 500 1,708.900 2,016,724 Expendiiure on: Raising funds 3,600 3,600 8,726 Charitable Activities .io,ii 750.541 1,230,338 44,155 2,025,034 2.095,236 Other Expenditure 3,80CI Total Expenditure 750.541 1.233.938 44155 2.028.634 2.107.762 Net income l {expenditurel for the year 57.822 Transfers beeen fund5 122,197) 32.290 (10.0931 Net movement In funds 1240,4541 {25.532) 153,7481 1319.7341 191.0381 Reconciliatson ot funds= Fund b&ances brought lorwdrd 3.619,481 732,335 191,758 4,543.574 4.634.612 Total Funds Carried Fomiard 3 379 027 706 803 138 010 The results ¥elates to continuing activitie5. The company has no recognised gains and losses other than those included above and therefore no separate statement of tot Teco9nised gnS and1055e5 has been presenkd. The notes on pages 18 to 29 form an integral part ol these financial statements,
The National Council of Young Men's Christian Associations of Ireland Limited Balance Sheet As at 31 March 2023 Note 2023 2022 FIXED AssErs Tangible Fixed Assets 3.554,892 3,698,514 CURRENT ASSETS Cash al bank and in hand Debtors 613,101 296.853 909.954 675,710 359,894 1,035.604 CREDITORS: Amounts falling due within one year 241,006 190,544 NET CURRENT ASSETS 668,948 845,060 NET ASSETS 4,223,840 4,543,574 REPRESENTED BY: FUNDING Unrestricted Income Funds Designated Fund5 Reslricled Income Funds 706.803 138.010 3,379,027 732.335 191,758 3.619,481 4,223,840 4.543,574 The financial statements were approved and authorised for issue by the Board and were signed on its behalf by: Mr Chairperson rrie (Co-ChaTTperson) Date Company Number: Nl 15660 The notes on pages 18 to 29 form an inteoral part of these financial statements. 16
The National Council of Young Men's Christian Associations of Ireland Limited Cash Flow Statement As at 31 March 2023 2023 2022 Note Cash provided by Operating Activities 36,336 217,333 Interest Income Purchase of Tangible Fixed Assets (26,273) (22,970) Cash provided by (used in) investing activities 26.273 22,970 Cash Flow from financing activities Repayment of Borrowing Cash used in financing aclivitses Increase (decrease) in cash and cash equivalents in the year 62,609 194.363 Cash and cash equivalenÉs at the beginning of the year 675.710 481,347 Total Cash and Cash Equivalents at the end of the year 15 613,101 675,710 17
The National Council of Young Men's Christian Associations of Ireland Limited Note to the Financial Statements for the year ended 31 March 2023 I ACCOUNTING POLICIES The principal accounting policies adopted, judgements and key sources of estimation uncertwnty in the preparation of the financial statements are as follows.. a) Basis of preparation The financial statements have been prepared in accordance with Accounting 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 (FRS 102) (effective I January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and UK and Republic of Ireland (FRS 102, Section IA), and the Companies Act 2006. The National Council of Young Men's Christian Associations of Ireland Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless othenmise stated in the relevant accounting policy note(s). {bl Preparation of the accounts on a going concern basis After making appropriate enquiries, the Trustees have a reasonable expectation Ihat the Council has adequate resources to continue in operational existence for the foreseeable future and assuming that government funding is renewed. For this reason they continue to adopt the going concern basis in preparing the financial stalemenls. This is also based on the organisation's ability to operate with an effective business plan including the ability of our residential centre to cover its Costs and build reserves lor future development. (c) Fund Accounting General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes_ General funds may be transferred to designated funds where Trustees wish to use these funds for a specific purpose. Such funds may be transterred back to gener funds once the criteria for the designation have been met or are no longer applicable. Restricted fijnds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of restricted funds is set out in the notes to the financial statements. Restricted fvnds may only be transferred to general or designated fLsnds once the crileria for restriction have been discharged or no longer appty. d) Income Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met. it is probable that the income will be received and the amount can be measured reliably. Income from government and other grants. whether'capital, grants or'revenue. grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. Income is deferred only when the charity has to fulfill conditions before becoming entitled to it or where the donorlfunder has specified that the income is to be expended in a future period. 18
The National Council of Young Men's Christian Associations of Ireland Limited Note to the Financial Statements for the year ended 31 March 2023 I ACCOUNTING POLICIES ctd... e) Donated services and facilities In accordance with the Charities SORP (FRS 102), the general volunteer time of supporters is not recognised and refer to the trustees, annual report ftjr more information about their contribution. fj Expenditure and irrecoverable VAT Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third paty, it is probable ihat settlement will be required and the amount of the obligation can be measured reliably. Expendilure is classified under the following actlvlty headings.. Costs of raising funds., Expenditure on charitable aclivities comprises Ihose costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both cosis that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. All costs are allocated beeen the expenditure categories of the Statement of Financial Activities on a basis designed to reflect the use of the resource. Costs relaling to a particular activity are allocaied directly, others are apportioned on an appropriate basis. Irrecoverable VAT is charged as a cost against the activity for which the expendilure was incurred. g) Equipment used in projects The cost of equipment purchased for use in projecis is included in the project budget for grant claim purposes. The Trustees consider that equipmeni purchased for these projects form part of the cost of the projects and should not be included as fixed assets of the charity. h) Operating leases Rental charges are charged on a straight line basis over the tem) of the lease. i) Tangible fixed assets and deprecialion Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimaled residual value, over their expected useful lives ori the following basis: Leasehold Propety 40h Straight Line Freehold Propety 2% Straight Line Cabins and chalets 496 Straight Line Fixtures and fittings Fittings - Computer equipment Motor vehicles 25¥0 Straighl Line 25% Straight Line 20D/o straight Line The carrying values of langiable fixed assets are reviewed for impairment when events or changes in circumstances indicate Ihe carrying value may not be recoverable 19
The National Council of Young Men's Christian Associations of Ireland Limited Note to the Financial Statements for the year ended 31 March 2023 I. ACCOUNTING POLICIES ctd j) Debtors Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid net of any trade discounts due. k) Cash at bank and in hand Cash ai bank and cash in hand includes cash and short term current accounts. l) Creditors and provisions Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third paty and Ihe amount due lo settle amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlemenl amount. m) Financial instruments The trust only has financiat assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. n) Taxation The company is a registered charity and the charitable tax exemptions are therefore being claimed to the extent ihat income andlor gains are applicable and applied to charitable purposes only. These exemptions will remain in pla as long as income and expenditure is applied to charitable purposes only. o) Reserves Policy In ihe interest of prudence and to provide for future stability, The National Council of Young Men's Christian Associations of Ireland Limited has introduced a reserves policy which aims to maintain unrestricted reserves equivalent lo beeen three and six monlhs of its ongoing charilable expenditure. p) Pensions The Council operates a Workplace Pension Scheme with Royal London, which is administered on behalf of Ihe Trust by a professiorsal advisor. Staff are enrolled in the Scheme on appointment with a postponement period of three months 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 olher 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 estimale is revised where the revision affects only Ihat period, or in the period of the revision and future periods where the revision affecls both current and future periods.
The National Council of Young Men's Christian Associations of Ireland Limited Note to the Financial Statements for the year ended 31 March 2023 2. RESULTS FOR THE YEAR The result tor the year has been arrived at after charging Ihe following:_ 2023 2022 Auditor Remuneration Depreciation 6,000 169,895 175.895 4.180 170.004 174,184 3. ANALYSIS OF STAFF COSTS, TRUSTEE REMUNERATION AND EXPENSES, AND THE COST OF KEY MANAGEMENT PERSONNEL 2023 2022 staff Costs Wages and Salaries Social Security Costs Pension 895,015 69.358 36,157 1,000.530 1,086.467 80,447 40,528 1.207.442 The average number of people employed by the company during the year was as follows-. No. 53 No. 62 One employee received more than £60,000 (2021122= one). None received above £70.000 (2021122: none). Pension costs are allocated to activities in proportion to the related staffino costs incurred. The charity trustees were not paid nor received any other benefiis from employment with the Charity in the year (2021122.. £nil). No Directors received iravel expenses during the year ended 31 March 202312021122- £nil). Trustees of the charity received payment reimbursement of travel costs totalling £nil (2021122= £nil). The key management personnel of the charity comprise Ihe trustees and the National Secretary. The employee benefits of the key management peTsonnel of the charity were £68.57612021122-. £65.717). FIXED ASSErs Greenhill Cabin5 & Fixtures & Motor Leasehold Chalets Fittings Vehicles Property Equipment Portadown Portadown Freehold Leasehold Land Property Total COST As at l April 2022 Additions Disposal Transfer As at 31 March 2023 1,167.953 299,934 31,162 3.111,334 10.300 281,802 15.973 60,000 1,422,526 6,374,711 26.273 1,167,953 299.934 41.462 3.111.334 297.775 60,000 1.422,526 6.400,984 DEPRECIATION As al l April 2022 Disposal Charge for the year As at 31 March 2023 804.183 298,881 31,161 1,177,402 276,197 88.373 2,676.197 32.391 253 2.060 99.681 836,574 299,134 33.221 1,277.083 5,859 282.056 29,651 118,024 169,895 2.846,092 NET BOOK VALUE As at 31 March 2023 331.379 800 8,241 1.834,251 15,719 60.000 1,304,502 3,554,892 As al 31 March 2022 363.770 1.053 1.933,932 5.605 60.000 1.334.153 3.698.514 21
The National Council of Young Men's Christian Associations of Ireland Limited Note to the Financial Statements for the year ended 31 March 2023 5 DEBTORS: AMOUNTS DUE WITHIN ONE YEAR 2023 2022 Trade Debtors Prepayments and Accrued Income Other Debtors 15,644 124,934 156,275 35,610 122,806 201,478 296,853 359,894 6 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Trade Creditors Accruals and Deferred Income Other Creditors 29,610 193,612 17,784 63,238 103,186 24,120 241,006 190,544 Movement on Deferred Income At start of Ihe year Arising during the year Applied during the year At end of the year 69,368 29,610 69,368 29,610 77,931 69,368 77.931 69,368 7. STATEMENT OF MOVEMENTS ON RESTRICTED, UNRESTRICTED & DESIGNATED FUNDS unstrICted Designated Restricted Total Balance at l April 2022 732,335 191,758 3,619,481 4.543.574 Net Incoming Resources for the year (57,822) (43,655) (218,257) (319,734) Transfers beeen funds 32,290 10,093 22,197 Balance at 31 March 2023 706,803 138,010 3,379,027 4,223,840 7.1 Designated Funds: Balance at 0110412022 Balance at 3110312023 Income Expense Transfer M&SS Volunteer Support M&SS Antrim YMCA Greenhill New Minibus Greenhill Insurance Claim Portadown Donation - Maintenance Redundancy Provision 50.617 2,668 30.000 22.098 (21,570) 29,047 2.668 19,920 (10,080) (22,098) (487) 500 (13) 86,375 191,758 86,375 138,010 500 {44,155) (10.093) 22
The National Council of Young Men's Christian Associations ot Ireland Limited Note to the Financial Statements for the year ended 31 March 2023 7. STATEMENT OF MOVEMENTS ON RESTRICTED, UNRESTRICTED & DESIGNATED FUNDS ctd... 7.2 Restricted Funds: Balance at 0110412022 Balance at 3110312023 Income Expense Transfer Greenhill Capital Grants (net of depreciaton) 2,060.346 1140.2441 1,920,102 EA VOLT Programme 56.486 (55.7241 (762} Natiorial Lottery Prog Grant 31,122 (24.431) 6,691 Rank Foundation Grant Rec'd 40.653 130.552) io,ioi YMCA Douglas Wood Foundation 27,554 27.554 Youth Led Solutions Climate Alon 5.921 5,921 DAERA 7,500 7.500 Department lor Communities- Jobstart 39,381 139,381) Management and Support Services Education AulhoTity- Core Funding 36,000 {36,000) EA CRED 10,152 10.152 EA Collaboration 1.814 1.814 EA Ulster Scots Ulster British 4,672 (4.6721 Newcomers (i) iii Bushcaft Programme Funding 6.087 12,4701 3,617 Ukraine Fundraising 8.116 (8,2701 154 Portadown Portadown carried forward (3,274) (3,2741 Department of Education - new building 1,394,153 129.6511 1,364,502
The National Council of Young Men's Christian Associations of Ireland Limited Note to the Financial Statements for the year ended 31 March 2023 7. STATEMENT OF MOVEMENTS ON RESTRICTED, UNRESTRICTED & DESIGNATED FUNDS ctd... Restricted Funds: Balance at 0110412022 Balance at Income Expense Transfer 3110312023 Portadown ttd... Education Authority- Core funding 110,222 (107.346) (2,200) 676 Education Authority - Summer Boost 3,185 3,185 Education Authority - Summer intervention Education Authority - YMCA Adventure Camp 152 152 Education Authority - Drugs & Alcohol Awarenes 597 12,984 (12,581) (1,000) Education Authority - ICT Grant 245 245 Education Authority - Voice of Young People 10,435 (9,235) 1,200 Education Authority- Global Service Leaming 30,000 (30,000) Education Authority- Spark Progamme 4.824 39,041 (34.892) (2,725) 6,248 Fundraising for Global Setvice Learning 3,250 3,903 (2,738) 4.415 ABC Council 10,012 (9.827) 185 Oasis Youth Club Maths Tutor 600 (600) ABC council covid support grant CSHS 22 22 ABC council Hell no to an asbo 1.300 (1.300) ABC council Jubilee 300 (300) Youth Justice Agency 4,946 (4,487) 459 TEOIGood relations 26,098 (25,950) 148 YMCA Covid-19 470 470 Ukraine Fundraising 170 (81) 89 24
The National Council of Young Men's Christian Associations of Ireland Limited Note to the Financial Statements for the year ended 31 March 2023 7. STATEMENT OF MOVEMENTS ON RESTRICTED, UNRESTRICTED & DESIGNATED FUNDS ctd.. Restricted Funds: Balance at 0110412022 Balance at Transfer 3110312023 Income Expense Newcastle Education Authority - Core Funding 19 130,000 (114.053) {15.755) 211 Education Authority - Reset (5) Education Authority - Period Povety (9) Education Authority- TBUC 16 (16) Education Authority - PPE 89 (196) 107 Education Authority - ICT Grant Awards for All 1,096 1.096 NIDACTS & PHA- Dry January Awards for All - Our Space 6.003 (1,624) 4,379 Arbour House Donation -christmas 260 260 Clanmill Housing Christmas & Hallowe'een 1,222 (521) 701 PHA Take Art Programme 4,000 (4,000) Festival of Life 200 (195) RCN Co Down 200 200 Department for Communities- Jobstart 19,206 (19,206) Total Restricted Funds 3.619,481 532,284 750,541 22,197 3,379,027 25
The National Council of Young Men's Christian Associations of Ireland Limited Note to the Financial Statements for the year ended 31 March 2023 8. INCOME 2023 Total 2022 Total Restricted Unrestricted Designated Income from Donations and Legacies Donations Marsh UK Ltd Education Authortty - Core Solar Panel Income ROI Fair Share 3,903 8,928 500 13,331 10,432 9.750 165,002 1,581 5,508 192,273 36.000 36,000 1,583 11,310 62,224 1,583 11,310 21,821 39.903 500 Income from Charitable Activities EA - Core + Supplementary Newcastle EA - Core + Supplementary Portadown EA - ICT Grant Newcastle EA Wellness Fund Newcastle EA- Summer Boost Portadown EA - Positive mental health fund Portadown EA- Agile Response Portadown EA - Spark Programme Portadown EA - Drugs & Alcohol Awareness Portadown EA- Voice of Young People EA- Global Leaming Service EA- ICT Grant Portadown EA- YMCA Adventure Camp Portadown EA- Ulster Scots Ulster British Nation SEUPB- Peace IV Dept Economy - Incentive Payments ABC District Council ABC District Council -covid ABC Council - Hell no to an asbo ABC District Council - Jubilee Youth Justice Agency TEOIGood relations PHA Take Art Programme Ark Donation - Christmas Arbour House - Christma5 Clanmill Housing Festival of Life RCN Co. Down Awards For All - Our Space NDMC- Covid Shop Front Access to Work Grant 130,000 110,222 130,000 110,222 126,851 129.219 11,686 3,250 15,000 3,250 573 27,133 25,968 39,041 12.984 10.435 30.000 39.041 12.g84 10.435 30.000 21,034 2,500 29,910 535,128 34,152 8,966 12,300 2,000 10,012 10.012 300 4,946 26,098 4,000 300 4,946 26.098 4.000 290 260 1,222 200 260 1.222 200 500 10.000 1,430 1,739 26
The National Council of Young Men's Christian Associations of Ireland Limited Note to the Financial Statements for the year ended 31 March 2023 8. INCOME ctd... 2023 Total 2022 TOL Restricted Unrestricted Designated Income from Charitable Activities ctd... DFE Covid Grant National Lottery Prog Grant Youth Led Solutions Climate Action NMDDC- Grant Rank Foundation Grant Rec'd Ulster Community F Covid Giant YMCA Douglas Wood Foundation Jobstart Grant Greenhill Jobstart Grant Newcastle HMRC CJRS Furlough Grants Affiliation Fees Greenhill Fees 10,000 7,500 5,921 5,921 1,980 9.403 50,000 40,653 40.653 39,381 19,206 39,381 19,206 797 3,015 29,715 9,800 534,441 g,360 959,785 9,360 959,785 Capital Grants Department of Education DAERA NMDDC 3,134 7,500 7.500 7.353 492,381 969,145 1.461,526 1,670,017 Other Income Greenhill Castle Park M&SS Newcastle Portadown 342 82,474 67.611 10,453 24,270 342 82.474 67,611 10.453 24,270 23,067 66.920 24.944 9,556 29,947 185,150 185,150 154.434 Total Income & Endowments 532,284 1,176.116 500 1.708.900 2.016,724 The 2022 income total of £2,016,724 was split beteerb restricted funds of £1,238.064, unrestricted funds of £746.812 and designated funds of £31,848. 27
The National Council of Young Men's Christian Associations of Ireland Limited Note to the Financial Statements for the year ended 31 March 2023 Costs of Charitable Actlvity by Fund Type Restricted Unrestricted 2023 Total 2022 Total Designated Greenhill Castle Park Management &Support Services Newcastle Youthbase m-power Peace IV Portadown Support Costs Governance Costs (note 11) 290,332 978.431 34,951 103,437 3,015 22.098 1,290,861 34.951 176,419 142.424 860,343 16,657- 211,479 138,068 504,075 283,866 30,430 50,318 2,095,236 51,412 139,409 21.570 268,388 21,201 50.324 38,979 1,230,338 487 290,076 50,324 39,979 2,025,034 1,000 750,541 44.155 The 2022 expenditure total of £2,095,236 was split between restricted funds of £1,368.437, unrestricted funds of £668,062 and designated funds of £58,737. 10 Costs of Charitable Activity by Activity Type Direct Support Costs Costs Governance Costs 2023 Total 2022 Total Charitable Activities Greenhill Castle Park Management &Support Services Newcastle Youthbase m-power Peace IV Portadown 1,290,861 34,951 176,419 142,424 23.022 9,809 1.323,692 34,951 221.740 148.878 877,863 16.657- 249.582 138,886 524,039 288,209 2,095,236 19.775 5.154 25,546 1,300 290,076 1,934,731 2,373 50,324 3,324 39.979 295,773 2,025.034 11 Governance Costs 2023 Total 2022 Total Restricted Unrestricted Designated Affiliation Fees Audit and Accounts Insurances Legal and Professional Fees Personnel Costs 12,279 5,600 3,135 15,965 2,000 38,979 12,279 6,600 3,135 15,965 2,000 39,979 11,742 6,300 3.167 27,109 2,000 50,318 1,000 1,000 28
The National Council of Young Men's Christian Associations of Ireland Limited Note to the Financial Statements for the year ended 31 March 2023 CONTINGENCIES Greenhill- There exists a contingent liability to repay in whole OT part capital grants received from the Departmeni of Education. ranging from 22 10 So years from the receipt of the grant money. There also exists a conlingenl liability to repay in whole or part capital grants received from the Ministry of Finance & Personnel and the International Fund for Ireland. The title deeds of the Greenhill property are held by the Department of Education as security in relatlon to grants paid for financiai assislance being used for proper purposes according to the Deed ot Covenant and Charge. Portadown: There exists a contingent liability to repay in whole or part capital grants Teceived from the Department of Education, for 22 years from the receipt of the grant money. The title deeds of the Portadown propety are held by the Department of Education a5 secLtrity in relation 10 grants paid for financial assistance being used for proper purposes according to the Deed ot Covenant and Charge. 13. MEMBERS, LIABILITY The company is limited by guarantee and does not have a share capital. The liability of members is limited to one pound each. At 31 March 2023 Ihere were 17 members. I RELATED PARTY TRANSACTIONS During the year the National Council of Young Men's Christian A550ciations of Ireland Ltd entered inio transactiolls with the National Council ot Ireland YMCA Trust. a Related Paty. At the Balance Sheet date the amount due from the National Council of Ireland YMCA Trust was £22.264 (2022 £36.041). The National Council of Young Men's Christian Associations of Ireland Ltd are the sole trustes of Ponadown YMCA, a limited company by guarantee. This company was registered on the 4th Juty 2012. As yet Ihere have been no transaction5 through Portadown YMCA Ltd. Portadown YMCA Limited was dissolved on 7th August 2018 15. Reconcilliation of net movement In funds to net cash flow from operating activities: 2023 2022 Net movement in funds Add back depreciation charge Loss on dispos of fixed assets Decrease (increase) in (lebiors Increase (decrease) in creditors (319.734) 169.895 {91,038) 170.004 3.800 114,504 20,063 63,041 50,462 Net Cash used In operating activltles 36.336 217.333 Analysis of ¢ash and cash equivalents Cash at Bank and in hand Overdraft 613,101 675,710 613,101 675,710 16. Net Assets Split by Fund Designated Funds Unrestricted Funds Restricted Funds Totals Funds Tangible Fixed Assets Net Current Assets 273.562 433.241 706,803 3,281,330 97,697 3,379.027 3,554,892 668,948 4.223.840 138.010 138,010 29
The following pages do not form part of the statutory financial statements which are the subject of the independent auditor's report on pages 11 to 14. 30
The National Council of Young Men's Christian Associations of Ireland Limited Detailed Statement of Financial Activities for the year ended 31 March 2023 Greenhill 2023 2022 Income Capital Grants Grants Insurance Claim Total Income 967,378 7.500 85,955 537,632 7,353 109.395 22,098 676.478 1,060.833 Cost of generaling funds Cost of generating voluntary income 3,500 2,765 Direct Charitable Activities Programme Costs Programme Equipment Salary Costs Telephone & Admin teat & Light Cleaning & Laundry Insurance Travel Motor Costs Volunteer Costs Volunteer Allowances Food I Catering Costs Depreciation Water Rates IT costs Maintenance Health and Safety 143,537 13,809 614,513 8,853 100.273 12,664 33,017 1,016 3.937 10,329 82,006 71,641 140,244 8,423 1,711 43,652 1.236 1,290,861 21.871 1,312.732 76.113 6.740 398,122 6,090 50,717 7,113 23,284 558 6,358 2,232 52.769 49,093 140.353 9,130 901 28,714 2,056 860,343 9,397 869.740 Support Costs {95%1 Governance Audit and Accounts Legal and Professional fees Personnel Costs 4,300 3,509 2.000 9.809 1,151 10,960 2,200 3,428 2.000 7,628 495 8,123 Support Costs (5%) other Expenditure Loss on Disposal 3,800 Total Greenhill Resources Expended 1,327.192 884,428 Greenhill Support Costs Bank Charge Compliance Ground Rent Photocopier and Postage General Support Training Travel 3,940 1,767 60 1,857 3,519 2.264 60 1,129 213 1,873 834 9,892 13,761 1.637 23,022 31
The National Council of Young Men's Christian Associations of Ireland Limited Detailed Statement of Financial Activities for the year ended 31 March 2023 Management & Support Services 2023 2022 Income 124,661 254,179 Cost of generating funds Cost of generaling voluntary income Direct Charitable Activities Programme Costs Salary Costs Travel Volunteer Support 15,412 133,660 5,777 21,570 176,419 23,825 181,770 5,884 211,479 Support Costs (95%) 18,786 195,205 18,010 229,489 Governance Affisiation Fees Audit and Accounts Insurances Legal & Professional Fees 12,279 700 3,135 9,432 25,546 11,742 I,ioo 3,167 3,136 19,145 Support Costs (5%) 989 26,535 948 20.093 Other Resources Expended Total Resources Expended 221,740 249,582 Support Costs Advertising Bank Charge Communications Conference and Meeting Equipment General Postage OCN Charges and training expenses Pension Scheme Charges Payroll Processing Charges Staff Training 50 574 5,677 I,ooi 492 1,052 425 413 2.388 1,420 803 5,791 2,398 1,861 835 19.775 9.227 2.642 1,637 18,958 32
The National Council of Young Men's Christian Associations of Ireland Limited Detailed Statement of Financial Activities for the year ended 31 March 2023 Newcastle Youthbase 2023 2022 Incorne 165,341 166,578 Cost of generating funds Cosl of generating voluntary income Direct Charitable Activities Salary Costs Programme costs Telephone & Internet Heat & Light Cleaning Insurance Repairs & Maintenance Equipment Costs Tuck Shop expenses 125,671 10,922 651 1,186 740 1,225 724 774 531 142,424 105.935 14,083 125 123 495 14,633 2.674 138,068 Support Costs (95%) 4,896 147,320 397 138.465 Governance Audit and Accounls Legal & Professional Fees 400 900 1,300 400 400 Support Costs (5 %) 258 1,558 21 421 Total Resources Expended 148,878 138,886 Support Costs Staff Training Staff Travel & Expenses 4,528 626 5,154 50 368 418 33
The National Council of Young Men's Christian Associations of Ireland Limited Detailed Statement of Financial Activities for the year ended 31 March 2023 Portadown 2023 2022 Income 275,591 283,289 Cost of generating funds Cosl of generaling voluntary income loo loo Direct Charitable Activities Programme cosis Programme Equipment Salary costs Trainee Allowances Telephone & Inlernet Rent Heat & Light Cleaning & Maintenance Insurance Transport Travel Water Rates Maintenance Tuck Shop Expenses Stationery Admininstration charges New Build non capital Fees Depreciation 86,358 720 124,565 22,033 1,244 64,529 23,100 142,727 1,012 8,110 4,416 6,599 2,010 6.123 3,179 4,416 950 467 534 390 6,2214 I,oii 2,549 1,354 29,651 29,651 290,076 283,866 Support Costs (95%) 2,254 292,330 1,104 284,970 Governance Audit and Accounts Legal & Professiond Fees 1,200 2,124 3,324 1.600 1,581 3,181 Support Costs (5%) 119 58 3.239 Total Resources Expended 295.873 288,209 Support Costs Ground Rent Sundry Training Staff Travel and Expenses 50 495 39 578 1,162 1.380 350 643 2,373
The National Council of Young Men's Christian Associations of Ireland Limited Detailed Statement of Financial Activities for the year ended 31 March 2023 MPower - Peace IV 2023 2022 Income 569,280 Cost of generating funds Cost of generating voluntary income 5,961 5,961 Direct Charitable Activities Programme cosls Salary costs Bank Charges Office Rent Staff Development Telephone Insurance Staff Travel expense 108,591 376,393 292 3,500 5,042 2,046 2,560 5.651 504,075 Support Costs (95%) 504.075 Governance Audit and Accounts Legal & Professional Fees 1,000 18,964 19,964 Support Costs (50/0) 19.964 Total Resources Expended 530,000 Support Costs 35
The National Council of Young Men's Christian Associations of Ireland Limited Detailed Statement of Financial Activities for the year ended 31 March 2023 Castle Park 2023 2022 Income 82,474 66,920 Cost of generating funds Cosl of generating voluntary income Direct Charitable Activities Programme costs 34,951 16,657 16,657 Support Costs (9596) 34,951 16.657 Governance Support Costs (5%) Totsl Resources Expended 34,951 16.657 Support Costs 36
The National Council of Young Men's Christian Associations of Ireland Limited Detailed Statement of Financial Activities for the year ended 31 March 2023 EA Funding Income & Expenditure- National and Greenhill Newcomers - FUSE NOTE Core VOLT USUB CRED Collaboration TOTAL OPENING BALANCE I APRIL 2022 56.486 4,672 10.152 1.814 (i) 73,123 INCOME 36.000 36.000 EXPENDITURE Salary costs Returned unspent funding 36,000 36,000 60,396 55,724 4,672 TOTAL EXPENDITURE 36,000 55.724 4,672 96,396 Transfer bemeen restrictedlunrestricted funds (762) (762) BALANCE AT 31 MARCH 2023 10,152 1.814 (i) 11.965 37
The National Council of Young Men's Christian Associations of Ireland Limited Detailed Statement of Financial Activities for the year ended 31 March 2023 EA Funding Income & Expenditure- Newcastle Period Reset Grant Poverty T8UC PPE Fund ICT Grant NOTE Core TOTAL OPENING BALANCE I APRIL 2022 19 16 89 139 INCOME 130,000 130,000 EXPENDITURE Cleaning materials Heal and Light Insuran Rent Salaries Telephone Audit fees Programme costs Returned unspent 2021-22 740 4.286 1.225 10.000 107.597 651 400 4.890 19 740 4,286 1,225 10.000 107.597 651 400 4.890 229 196 TOTAL EXPENDITURE 129.808 196 130,018 Transler befften restriciedlunrestricted funds {16) 107 (i) 90 BALANCE AT 31 MARCH 2023 211 211
The National Council of Young Men's Christian Asso¢rations of Ireland Limited Detailed Statement ot Financial Activtties for the year ended 31 March 2023 EA Funding Income & ExpenditUTe- Portadown YMCA YMCA Voice of Drug & Spark Young Alcohol ICT Programme People Awareness Global Grant Core I Summer Youth Supplementary Boost Intervention Adventure Camp NOTE TOTAL OPENING BALANCE I APRIL 2022 3.185 4,824 597 245 9,004 INCOME 110,222 39.041 10,435 12.984 30,000 202,682 EXPENDITURE Cleaning materids Heat & Light Insuran Other costs Management Fees sary costs Stalonery Telephone Transport Waier rates Programme costs VolunteerAllowances Reiurned unspeni funding 673 4.327 3.349 2,332 673 4,327 4.119 2,642 6.168 103,IB3 1,036 825 2,010 267 52.099 22.033 597 770 310 1.000 7,454 282 147 2,200 2.488 2.968 269 92,872 754 678 2,010 267 2.284 12.994 19.935 3,800 2,098 3,021 30.000 597 TOTAL EXPENDITURE 109.546 37.617 9,235 13.5BI 30.000 199 979 AT 31 MARCH 2023 676 3,185 IS2 6.248 1,200 245 11.707