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2023-03-31-annual-return

The National Council of Young Men's Christian Associations of Ireland Limited

Financial Statements for the year ended 31 March 2023

Company Number: NI 15660

Charity Number: XN 45820

CCNI: 105739

The National Council of Young Men's Christian Associations of Ireland Limited

Table of Contents

Company Information 1
Report of the Executive Committee 2 - 10
Report of the Independent Auditors 11 - 14
Statement 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
Belfast
BT1 5UB
AUDITOR FPM Accountants Ltd
Chartered Accountants
Unit 1, Building 10
Central Park, Mallusk Road
Newtownabbey, BT36 4FS
REGISTERED OFFICE National Centre
Greenhill YMCA
Donard Park
Newcastle
BT33 0GR
Co. Down
REGISTERED COMPANY NO. NI 15660
REGISTERED CHARITY NO. XN 45820
CCNI REGSTERED NO. NIC105739
KEY MANAGEMENT PERSONNEL John Peacock - National Secretary
David Backhouse - Deputy National Secretary

1

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 Trustees 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 confirm that the Annual report and financial statements of the 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 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 1 January 2019) (Charities 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 account 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 Accepted Accounting Practice in Ireland including the accounting standards issued by the Accounting Standards Board and published by the Institute of Chartered Accountants in Ireland.

The Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing these financial statements, the Trustees are required to:

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 time the financial position of the charity and enable them to ensure that the financial statements comply with current statutory requirements. The Trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention 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 Articles of Association. The company has been granted charitable status by the Inland Revenue and accordingly is exempt from income tax, corporation tax and capital gains tax. It is also registered with the Charity Commission for Northern Ireland. Registration number: NIC105739

It’s charity reference number is XN45820.

2

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 Chairpersons/Presidents.

Currently the members of the National Executive are registered as Company Directors. The AGM elects trustees to the National Council of YMCAs of Ireland (RoI) CLG each year as its registered charity entity in the Republic of Ireland. The Accounts for this company are published separately and it is registered with the Charity Regulatory Authority in the Republic (20026585).

Members elected at the AGM held on the 19th November, 2022 were:

Ms Leanne Young (Co-Chairperson) Mr Jonny Currie (Co-Chairperson) Mr Roger Earl (Vice President RoI) 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 (appointed 19th November, 2022) Mr Blair Austin Dean Nutt (appointed 19th November, 2022) Kathryn O’Mahony (appointed 19th November, 2022) Ms Michele Taylor (appointed 19th November, 2022) Lorna Somers (appointed 19th 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)

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 execute their role. This has been prepared in line with the Governance Code which informs best practice in this area. YMCA Ireland has formally 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 National Executive of the National Council of YMCAs of Ireland Ltd. During 2022/23 the National Executive met on 7 occasions. In addition there is a Personnel & Training Standing

3

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 the National Executive on personnel issues, a Finance and Audit committee which meets to prepare and monitorthe 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 the Executive at each meeting. None of the YMCA Trustees received remuneration for their services. 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 with the Charity Regulatory Authority. These trustees are all members of the National Executive Committee.

f. RISK MANAGEMENT

The National Executive has assessed the major risks to which the Company is exposed, in particular those related to the operations and finances of the Charity, and is satisfied that systems 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 the National Executive. The risk register seeks to summarise the threats or possibility that an action or event (or sometimes inaction) will adversely affect our organisation's ability to achieve its objectives. We strive to:

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 Meeting 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 scales, which indicated 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. Staff are enrolled in the scheme on appointment with a postponement 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 2022/23, approximately 50 volunteers were engaged with the National Council in NI. We estimate a total of 50,000 hours of voluntary work were contributed at £10.42 per hour ( national Living Wage with effect from 1 April 2023), this equates to a contribution (in terms of social capital) of over £500,000 in 2022/23.

The YMCA operates a policy where travel and out of pocket expenses can be reimbursed to volunteers.

4

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 Northern 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 beneficiaries.

a. VISION AND OBJECTIVES

YMCA Ireland’s vision is for:

A world where young people, their families and communities flourish in body, mind and spirit.

Our mission is twofold:

  1. to create inclusive communities where everyone feels welcomed, accepted and inspired by social justice and peace for all, and

  2. to provide life enriching opportunities for young people, their families and communities.

YMCA Ireland's principal objectives as laid out in its Memorandum and Articles of Association are:

  1. 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 emotional and mental wellbeing through the provision of information, education and activities.

  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 social, physical, emotional, spiritual or economic circumstances.

Our value base is that every YMCA will be a place of:

Guiding Principles

We are committed to:

5

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

1. 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 to our Guiding Principles, specifically: An all-Island approach; Collaborative & partnership working; Being progressive & responsive; Listening & Learning.

How?

● By exploring options for increasing diversity in funding streams including alternative statutory/grant 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, to become more effective and sustainable.

We have appointed 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 to a world where humans live in full harmony with Nature. This is an expression of our Values of Opportunity, Wellbeing, Peace and Justice and will adhere to our Guiding Principles, specifically: Being progressive and responsive;

Climate action and the sustaining of our environment; Global justice and international development.

How?

● We will take steps towards becoming a climate-neutral Movement, building a roadmap that will 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 stakeholders to practice social justice and champion environmental responsibility while also integrating climate education components for young people and 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 funding has been secured enabling us to appoint an All-Island 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 & International Development Committee has produced a Global Justice and International Development policy for ratification by the National Executive. A youth-led conference

6

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 activities going forward.

3. Ensuring Effective and Relevant Movement Support Why?

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 network 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.

How?

Progress

NS, DNS, Training Officer, Personnel Officer & Finance Officer continue to provide a range of services to local associations and the wider movement. The appointment of a BDO & a Communications Officer is also contributing to 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 services 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?

Progress

Staff continue to provide local & regional services in Cork, Cobh, West Cork, West Dublin, Portadown,

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The National Council of Young Men's Christian Associations of Ireland Limited

Report of the Executive Committee for the year ended 31 March 2023

Newcastle & at our National Centre at Greenhill.

Portadown YMCA appointed a new General Secretary and plans for the future are looking very positive. Newcastle YMCA have moved to the Belfry, a central location which places the association at the 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 Youth Committee and continues to be the primary provider of youth services to young people in the area.

Cork City YMCA has been improving its Marlboro Street premises and facilities and is operating as 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 with its core funders.

5. 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 information is communicated to both our internal and external stakeholders.

This will enable us to adhere to our Guiding Principles, specifically: Collaborative & partnership working; Being progressive & responsive; Listening & Learning;

Working in ways that are stimulating and enjoyable.

How?

Progress

We have appointed a Communications Officer to fulfil a renewed communications strategy and plan and to promote the work of the YMCA in Ireland.

The National Secretary continues to represent our movement at European & World YMCA levels.

Plans for future periods

FUTURE DEVELOPMENTS

A £1m 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 the use of young people with additional needs, thanks to funding from the National 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.

8

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 highlighted above and will continue to 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 positive impact on YMCA Ireland finances from 2024 onwards.

Financial review

The overall financial performance for the year was satisfactory due to the financial climate. The charity's total reserves decreasing by £319,734 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 the 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 downturns 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 the Education Authority as a primary source of funding.

c. RESERVES POLICY

National Executive committee have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets (‘the free reserves’) held by the charity should be three months to six months of the unrestricted resources expended.

At this level the Executive feels that National Council would be able to continue the current activities of the charity, in the event of a significant drop in funding. It would be necessary to consider how the funding would be replaced or the activities changed.

At present free reserves, excluding designated funds, amount to £706,803. Provision has also been made for potential redundancy costs should government funding be withdrawn or significantly reduced.

These funds are held to offset any sudden changes in grant aid to the organisation.

9

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:

This report was approved by the Trustees on Wednesday 20th September 2023 and signed on their behalf by:

Mr Jonny Currie (Co-Chairperson) for and on behalf of National Council of YMCAs of Ireland Limited

10

Report of the Independent Auditors

to the members of The National Council of Young Men's Christian Associations of Ireland Limited

(a company limited by guarantee)

Opinion

We have audited the financial 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 Activities, the 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 Generally Accepted Accounting Practice).

In our opinion the accounts:

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 statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropiate.

Based on the work we have performed, we have not identified any material uncertainties relating to 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 with respect to going concern are described in the relevant sections of this report.

11

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 information. The other information comprises the information included in the annual report, other than the financial statements and our auditors' report thereon. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the 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:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the Trustees and its environment obtained in the 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:

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 they 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 intend to liquidate the company or to cease operations, or have no realistic alternative 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 auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements 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 material misstatements in respect 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 application of cumulative audit knowledge. We identified the following principal laws and regulations relevant to the company – Companies Act 2006 and the Financial Reporting Standard applicable in the 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 to: 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 the risk of management override of controls, including through testing journal 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 the 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://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's 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 Act 2006 and regulations made under that Act. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its members as a body, for our audit work, for this report, or for the opinions we have formed.

JL Grant (Senior Statutory Auditor) for and on behalf of FPM Accountants Ltd Chartered Accountants & Statutory Auditor

Date

Unit 1, 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
£
Notes
Income and endowments from:
Donations and legacies
8
39,903
Charitable Activities:
Non-Capital
8
484,881
Capital Grants
8
7,500
Other Income
8
-
Total Income and endowments
532,284
Expenditure on:
Raising funds
-
Charitable Activities
9,10,11
750,541
Other Expenditure
-
Total Expenditure
750,541
Net income / (expenditure)
for the year
(218,257)
Transfers between funds
(22,197)
Net movement in funds
(240,454)
Reconciliation of funds:
Fund balances brought forward
7
3,619,481
Total Funds Carried Forward
7
3,379,027		 Unrestricted
Funds
£
21,821
969,145
-
185,150		 Designated
Funds
£
500
-
-
-		 2023
Total
£
62,224
1,454,026
7,500
185,150		 2022
Total
£
192,273
1,659,530
10,487
154,434
1,176,116
3,600
1,230,338
-
1,233,938
(57,822)
32,290
(25,532)
732,335
706,803		 500
-
44,155
-
44,155
(43,655)
(10,093)
(53,748)
191,758
138,010		 1,708,900
3,600
2,025,034
-
2,028,634
(319,734)
-
(319,734)
4,543,574
4,223,840		 2,016,724
8,726
2,095,236
3,800
2,107,762
(91,038)
-
(91,038)
4,634,612
4,543,574

The results relates to continuing activities.

The company has no recognised gains and losses other than those included above and therefore no separate statement of total recognised gains and losses has been presented.

The notes on pages 18 to 29 form an integral part of these financial statements.

15

The National Council of Young Men's Christian Associations of Ireland Limited

Balance Sheet

As at 31 March 2023

Note
FIXED ASSETS
Tangible Fixed Assets
4
CURRENT ASSETS
Cash at bank and in hand
Debtors
5
CREDITORS:Amounts falling
due within one year
6
NET CURRENT ASSETS
NET ASSETS
REPRESENTED BY:
FUNDING
Unrestricted Income Funds
7
Designated Funds
7
Restricted Income Funds
7		 2023
£
3,554,892
613,101
296,853
909,954
241,006
668,948
4,223,840
706,803
138,010
3,379,027
4,223,840		 2022
£
3,698,514
675,710
359,894
1,035,604
190,544
845,060
4,543,574
732,335
191,758
3,619,481
4,543,574

The financial statements were approved and authorised for issue by the Board and were signed on its behalf by:

Mr Jonny Currie (Co-Chairperson) Chairperson Date Company Number: NI 15660

The notes on pages 18 to 29 form an integral 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

Note
Cash provided by Operating Activities
15
Interest Income
Purchase of Tangible Fixed Assets
Cash provided by (used in) investing activities
Cash Flow from financing activities
Repayment of Borrowing
Cash used in financing activities
Increase (decrease) in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
Total Cash and Cash Equivalents at the end of the year
15		 2023
£
(36,336)
-
(26,273)
(26,273)
-
-
(62,609)
675,710
613,101		 2022
£
217,333
-
(22,970)
(22,970)
-
-
194,363
481,347
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

1 ACCOUNTING POLICIES

The principal accounting policies adopted, judgements and key sources of estimation uncertainty 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 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and UK and Republic of Ireland (FRS 102, Section 1A), 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 otherwise stated in the relevant accounting policy note(s).

(b) Preparation of the accounts on a going concern basis

After making appropriate enquiries, the Trustees have a reasonable expectation that 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 statements. 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 for 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 transferred back to general funds once the criteria for the designation have been met or are no longer applicable.

Restricted funds 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 funds may only be transferred to general or designated funds once the criteria for restriction have been discharged or no longer apply.

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 donor/funder 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

1 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 for more information about their contribution.

f) Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

All costs are allocated between the expenditure categories of the Statement of Financial Activities on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

g) Equipment used in projects

The cost of equipment purchased for use in projects is included in the project budget for grant claim purposes.

The Trustees consider that equipment 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 term of the lease.

i) Tangible fixed assets and depreciation

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 estimated residual value, over their expected useful lives on the following basis:

Leasehold Property 4% Straight Line Freehold Property 2% Straight Line Cabins and chalets 4% Straight Line Fixtures and fittings - Fittings 25% Straight Line - Computer equipment 25% Straight Line Motor vehicles 20% straight Line

The carrying values of tangiable fixed assets are reviewed for impairment when events or changes in circumstances indicate the 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

1. 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 at 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 party and the amount due to settle amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount.

m) Financial instruments

The trust only has financial 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 that income and/or gains are applicable and applied to charitable purposes only. These exemptions will remain in place as long as income and expenditure is applied to charitable purposes only.

o) Reserves Policy

In the 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 to between three and six months of its ongoing charitable expenditure.

p) Pensions

The Council operates a Workplace Pension Scheme with Royal London, which is administered on behalf of the Trust by a professional 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 other 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 estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

20

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 for the year has been arrived at after charging the following:-

2023
£
Auditor Remuneration
6,000
Depreciation
169,895
175,895
3. ANALYSIS OF STAFF COSTS, TRUSTEE REMUNERATION AND EXPENSES, AND THE
COST OF KEY MANAGEMENT PERSONNEL
2023
£
Staff Costs
Wages and Salaries
895,015
Social Security Costs
69,358
Pension
36,157
1,000,530
The average number of people employed
by the company during the year was as follows:
No.
53		 2022
£
4,180
170,004
174,184
2022
£
1,086,467
80,447
40,528
1,207,442
No.
62

One employee received more than £60,000 (2021/22: one). None received above £70,000 (2021/22: none).

Pension costs are allocated to activities in proportion to the related staffing costs incurred.

The charity trustees were not paid nor received any other benefits from employment with the Charity in the year (2021/22: £nil). No Directors received travel expenses during the year ended 31 March 2023 (2021/22: £nil).

Trustees of the charity received payment reimbursement of travel costs totalling £nil (2021/22: £nil).

The key management personnel of the charity comprise the trustees and the National Secretary. The employee benefits of the key management personnel of the charity were £68,576 (2021/22: £65,717).

4. FIXED ASSETS

COST
As at 1 April 2022
Additions
Disposal
Transfer
As at 31 March 2023
DEPRECIATION
As at 1 April 2022
Disposal
Charge for the year
As at 31 March 2023
NET BOOK VALUE
As at 31 March 2023
As at 31 March 2022		 Greenhill
Portadown
Portadown
Cabins &
Fixtures &
Motor
Leasehold
Freehold
Leasehold
Chalets
Fittings
Vehicles
Property
Equipment
Land
Property
Total
£
£
£
£
£
£
£
£
1,167,953
299,934
31,162
3,111,334
281,802
60,000
1,422,526
6,374,711
-
-
10,300
-
15,973
-
-
26,273
-
-
-
-
-
-
-
-
-
-
-
-
-
-
1,167,953
299,934
41,462
3,111,334
297,775
60,000
1,422,526
6,400,984
804,183
298,881
31,161
1,177,402
276,197
-
88,373
2,676,197
-
-
-
-
-
-
-
-
32,391
253
2,060
99,681
5,859
-
29,651
169,895
836,574
299,134
33,221
1,277,083
282,056
-
118,024
2,846,092
331,379
800
8,241
1,834,251
15,719
60,000
1,304,502
3,554,892
363,770
1,053
1
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
Trade Debtors
Prepayments and Accrued Income
Other Debtors
6 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade Creditors
Accruals and Deferred Income
Other Creditors
Movement on Deferred Income
At start of the year
Arising during the year
Applied during the year
At end of the year		 2023
£
15,644
124,934
156,275
296,853
2023
£
29,610
193,612
17,784
241,006
69,368
29,610
(69,368)
29,610		 2022
£
35,610
122,806
201,478
359,894
2022
£
63,238
103,186
24,120
190,544
77,931
69,368
(77,931)
69,368
**7. ** STATEMENT OF MOVEMENTS ON RESTRICTED, UNRESTRICTED & DESIGNATED FUNDS
Unrestricted Designated Restricted Total
£ £ £ £
Balance at 1 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 between 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 Balance at
01/04/2022 Income Expense Transfer 31/03/2023
£ £ £ £ £
M&SS Volunteer Support 50,617 - (21,570) - 29,047
M&SS Antrim YMCA 2,668 - - - 2,668
Greenhill New Minibus 30,000 - - (10,080) 19,920
Greenhill Insurance Claim 22,098 - (22,098) - -
Portadown Donation - Maintenance - 500 (487) (13) -
Redundancy Provision 86,375 - - - 86,375
191,758 500 (44,155) (10,093) 138,010

22

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 & STATEMENT OF MOVEMENTS ON RESTRICTED, UNRESTRICTED & STATEMENT OF MOVEMENTS ON RESTRICTED, UNRESTRICTED & DESIGNATED FUNDS ctd… DESIGNATED FUNDS ctd…
7.2 Restricted Funds: Balance at Balance at
01/04/2022 Income Expense Transfer 31/03/2023
£ £ £ £ £
Greenhill
Capital Grants (net of depreciaton) 2,060,346 - (140,244) - 1,920,102
EA VOLT Programme 56,486 - (55,724) (762) -
National Lottery Prog Grant 31,122 - (24,431) - 6,691
Rank Foundation Grant Rec'd - 40,653 (30,552) - 10,101
YMCA Douglas Wood Foundation 27,554 - - - 27,554
Youth Led Solutions Climate Action - 5,921 - - 5,921
DAERA - 7,500 - - 7,500
Department for Communities - Jobstart - 39,381 (39,381) - -
Management and Support Services
Education Authority - 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 - (4,672) - -
EA
Newcomers		 (1) - - - (1)
Bushcaft Programme Funding 6,087 - (2,470) - 3,617
Ukraine Fundraising 8,116 - (8,270) 154 -
Portadown
Portadown carried forward (3,274) - - - (3,274)
Department of Education - new building 1,394,153 - (29,651) - 1,364,502

23

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… 7.STATEMENT OF MOVEMENTS ON RESTRICTED, UNRESTRICTED & DESIGNATED FUNDS ctd… 7.STATEMENT OF MOVEMENTS ON RESTRICTED, UNRESTRICTED & DESIGNATED FUNDS ctd… 7.STATEMENT OF MOVEMENTS ON RESTRICTED, UNRESTRICTED & DESIGNATED FUNDS ctd… 7.STATEMENT OF MOVEMENTS ON RESTRICTED, UNRESTRICTED & DESIGNATED FUNDS ctd…
Restricted Funds: Balance at Balance at
01/04/2022 Income Expense Transfer 31/03/2023
£ £ £ £ £
Portadown ctd…
Education Authority - Core funding - 110,222 (107,346) (2,200) 676
Education Authority - Summer Boost 3,185 - - - 3,185
Education Authority - Summer intervention 1 - - - 1
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 Learning - 30,000 (30,000) - -
Education Authority - Spark Progamme 4,824 39,041 (34,892) (2,725) 6,248
Fundraising for Global Service 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
TEO/Good 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:
Newcastle
Education Authority - Core Funding
Education Authority - Reset
Education Authority - Period Poverty
Education Authority - TBUC
Education Authority - PPE
Education Authority - ICT Grant
Awards for All
NIDACTS & PHA - Dry January
Awards for All - Our Space
Arbour House Donation -Christmas
Clanmill Housing Christmas & Hallowe'een
PHA Take Art Programme
Festival of Life
RCN Co Down
Department for Communities - Jobstart
Total Restricted Funds		 Balance at
Balance at
01/04/2022
Income
Expense
Transfer
31/03/2023
£
£
£
£
£
19
130,000
(114,053)
(15,755)
211
5
-
(5)
-
-
9
-
(9)
-
-
16
-
-
(16)
-
89
-
(196)
107
-
1
-
-
-
1
1,096
-
-
-
1,096
1
-
-
-
1
6,003
-
(1,624)
-
4,379
-
260
-
-
260
-
1,222
(521)
-
701
-
4,000
(4,000)
-
-
-
200
(195)
-
5
200
-
-
-
200
-
19,206
(19,206)
-
-
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
Restricted
£
Income from Donations and Legacies
Donations
3,903
Marsh UK Ltd
-
Education Authority - Core
36,000
Solar Panel Income
-
ROI Fair Share
-
39,903
Income from Charitable Activities
EA - Core + Supplementary Newcastle
130,000
EA - Core + Supplementary Portadown
110,222
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
39,041
EA - Drugs & Alcohol Awareness Portadown
12,984
EA - Voice of Young People
10,435
EA - Global Learning Service
30,000
EA - ICT Grant Portadown
-
EA - YMCA Adventure Camp Portadown
-
EA- Ulster Scots Ulster British National
-
SEUPB - Peace IV
-
Dept Economy - Incentive Payments
-
ABC District Council
10,012
ABC District Council -covid
-
ABC Council - Hell no to an asbo
-
ABC District Council - Jubilee
300
Youth Justice Agency
4,946
TEO/Good relations
26,098
PHA Take Art Programme
4,000
Ark Donation - Christmas
-
Arbour House - Christmas
260
Clanmill Housing
1,222
Festival of Life
200
RCN Co. Down
-
Awards For All - Our Space
-
NDMC - Covid Shop Front
-
Access to Work Grant
-		 Restricted
£
3,903
-
36,000
-
-		 Unrestricted
£
8,928
-
-
1,583
11,310		 Designated
£
500
-
-
-
-		 2023
Total
£
13,331
-
36,000
1,583
11,310
62,224
130,000
110,222
-
-
-
-
-
39,041
12,984
10,435
30,000
-
-
-
-
-
10,012
-
-
300
4,946
26,098
4,000
-
260
1,222
200
-
-
-
-		 2022
Total
£
10,432
9,750
165,002
1,581
5,508
39,903 21,821 500 192,273
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 -
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 126,851
129,219
11,686
3,250
15,000
3,250
573
27,133
25,968
-
-
21,034
2,500
29,910
535,128
34,152
8,966
12,300
2,000
-
-
-
-
290
-
-
-
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…
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 Grant
YMCA Douglas Wood Foundation
Jobstart Grant Greenhill
Jobstart Grant Newcastle
HMRC CJRS Furlough Grants
Affiliation Fees
Greenhill Fees
Capital Grants
Department of Education
DAERA
NMDDC
Other Income
Greenhill
Castle Park
M&SS
Newcastle
Portadown
Total Income & Endowments		 Restricted
£
-
-
5,921
-
40,653
-
-
39,381
19,206
-
-
-
-
7,500
-		 Unrestricted
£
-
-
-
-
-
-
-
-
-
-
9,360
959,785
-
-
-		 Designated
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 2023
Total
£
-
-
5,921
-
40,653
-
-
39,381
19,206
-
9,360
959,785
-
7,500
-
1,461,526
342
82,474
67,611
10,453
24,270
185,150
1,708,900		 2022
Total
£
10,000
7,500
-
1,980
9,403
50,000
-
797
3,015
29,715
9,800
534,441
3,134
-
7,353
492,381 969,145 - 1,670,017
-
-
-
-
-		 342
82,474
67,611
10,453
24,270		 -
-
-
-
-		 23,067
66,920
24,944
9,556
29,947
- 185,150 - 154,434
532,284 1,176,116 500 2,016,724

The 2022 income total of £2,016,724 was split between 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

9.
Costs of Charitable Activity by Fund Type
Restricted
Unrestricted
£
£
Greenhill
290,332
978,431
Castle Park
-
34,951
Management &Support Services
51,412
103,437
Newcastle Youthbase
139,409
3,015
m-power Peace IV
-
-
Portadown
268,388
21,201
Support Costs
-
50,324
Governance Costs (note 11)
1,000
38,979
750,541
1,230,338		 Designated
£
22,098
-
21,570
-
-
487
-
44,155		 2023
Total
£
1,290,861
34,951
176,419
142,424
-
290,076
50,324
39,979
2,025,034		 2022
Total
£
860,343
16,657-
211,479
138,068
504,075
283,866
30,430
50,318
2,095,236

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
Direct
Costs
£
Charitable Activities
Greenhill
1,290,861
Castle Park
34,951
Management &Support Services
176,419
Newcastle Youthbase
142,424
m-power Peace IV
-
Portadown
290,076
1,934,731
11
Governance Costs
Restricted
£
Affiliation Fees
-
Audit and Accounts
1,000
Insurances
-
Legal and Professional Fees
-
Personnel Costs
-
1,000		 Type
Support
Costs
£
23,022
-
19,775
5,154
-
2,373
50,324
Unrestricted
£
12,279
5,600
3,135
15,965
2,000
38,979		 Governance
Costs
£
9,809
-
25,546
1,300
-
3,324
39,979
Designated
£
-
-
-
-
-
-		 2023
Total
£
1,323,692
34,951
221,740
148,878
-
295,773
2,025,034
2023
Total
£
12,279
6,600
3,135
15,965
2,000
39,979		 2022
Total
£
877,863
16,657-
249,582
138,886
524,039
288,209
2,095,236
2022
Total
£
11,742
6,300
3,167
27,109
2,000
50,318

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

12. CONTINGENCIES Greenhill:

There exists a contingent liability to repay in whole or part capital grants received from the Department of Education, ranging from 22 to 50 years from the receipt of the grant money. There also exists a contingent 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 relation to grants paid for financial assistance being used for proper purposes according to the Deed of Covenant and Charge.

Portadown:

There exists a contingent liability to repay in whole or part capital grants received from the Department of Education, for 22 years from the receipt of the grant money.

The title deeds of the Portadown property are held by the Department of Education as security in relation to grants paid for financial assistance being used for proper purposes according to the Deed of 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 there were 17 members.

14. RELATED PARTY TRANSACTIONS

During the year the National Council of Young Men's Christian Associations of Ireland Ltd entered into transactions with the National Council of Ireland YMCA Trust, a Related Party. 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 Portadown YMCA, a limited company by guarantee. This company was registered on the 4th July 2012. As yet there have been no transactions 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
£
Net movement in funds
(319,734)
Add back depreciation charge
169,895
Loss on disposal of fixed assets
-
Decrease (increase) in debtors
63,041
Increase (decrease) in creditors
50,462
Net Cash used in operating activities
(36,336)
Analysis of cash and cash equivalents
Cash at Bank and in hand
613,101
Overdraft
-
613,101
16.
Net Assets Split by Fund
Designated
Unrestricted
Restricted
Funds
Funds
Funds
£
£
£
Tangible Fixed Assets
-
273,562
3,281,330
Net Current Assets
138,010
433,241
97,697
138,010
706,803
3,379,027		 15.
Reconcilliation of net movement in funds to net cash flow from operating
activities:
2023
£
Net movement in funds
(319,734)
Add back depreciation charge
169,895
Loss on disposal of fixed assets
-
Decrease (increase) in debtors
63,041
Increase (decrease) in creditors
50,462
Net Cash used in operating activities
(36,336)
Analysis of cash and cash equivalents
Cash at Bank and in hand
613,101
Overdraft
-
613,101
16.
Net Assets Split by Fund
Designated
Unrestricted
Restricted
Funds
Funds
Funds
£
£
£
Tangible Fixed Assets
-
273,562
3,281,330
Net Current Assets
138,010
433,241
97,697
138,010
706,803
3,379,027		 2022
£
(91,038)
170,004
3,800
114,504
20,063
(36,336) 217,333
613,101
-		 675,710
-
613,101 675,710
Restricted
Funds
£
3,281,330
97,697		 Totals
Funds
3,554,892
668,948
3,379,027 4,223,840

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
Income
Capital Grants
Grants
Insurance Claim
Total Income
Cost of generating funds
Cost of generating voluntary income
Direct Charitable Activities
Programme Costs
Programme Equipment
Salary Costs
Telephone & Admin
Heat & Light
Cleaning & Laundry
Insurance
Travel
Motor Costs
Volunteer Costs
Volunteer Allowances
Food / Catering Costs
Depreciation
Water Rates
IT costs
Maintenance
Health and Safety
Support Costs (95%)
Governance
Audit and Accounts
Legal and Professional fees
Personnel Costs
Support Costs (5%)
Other Expenditure
Loss on Disposal
Total Greenhill Resources Expended
Greenhill Support Costs
Bank Charge
Compliance
Ground Rent
Photocopier and Postage
General Support
Training
Travel		 2023
£
967,378
7,500
85,955
-
1,060,833
3,500
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
4,300
3,509
2,000
9,809
1,151
10,960
-
1,327,192
3,940
1,767
60
1,857
-
13,761
1,637
23,022		 2022
£
537,632
7,353
109,395
22,098
676,478
2,765
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
2,200
3,428
2,000
7,628
495
8,123
3,800
884,428
3,519
2,264
60
1,129
213
1,873
834
9,892

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
Income
Cost of generating funds
Cost of generating voluntary income
Direct Charitable Activities
Programme Costs
Salary Costs
Travel
Volunteer Support
Support Costs (95%)
Governance
Affiliation Fees
Audit and Accounts
Insurances
Legal & Professional Fees
Support Costs (5%)
Other Resources Expended
Total Resources Expended
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		 2023
£
124,661
-
-
15,412
133,660
5,777
21,570
176,419
18,786
195,205
12,279
700
3,135
9,432
25,546
989
26,535
-
221,740
50
574
5,677
1,001
492
1,052
44
5,791
2,398
1,861
835
19,775		 2022
£
254,179
-
-
23,825
181,770
5,884
-
211,479
18,010
229,489
11,742
1,100
3,167
3,136
19,145
948
20,093
-
249,582
425
413
2,388
1,420
803
-
3
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
Income
Cost of generating funds
Cost of generating voluntary income
Direct Charitable Activities
Salary Costs
Programme costs
Telephone & Internet
Heat & Light
Cleaning
Insurance
Repairs & Maintenance
Equipment costs
Tuck Shop expenses
Support Costs (95%)
Governance
Audit and Accounts
Legal & Professional Fees
Support Costs (5%)
Total Resources Expended
Support Costs
Staff Training
Staff Travel & Expenses		 2023
£
165,341
-
-
125,671
10,922
651
1,186
740
1,225
724
774
531
142,424
4,896
147,320
400
900
1,300
258
1,558
148,878
4,528
626
5,154		 2022
£
166,578
-
-
105,935
14,083
125
-
123
495
-
14,633
2,674
138,068
397
138,465
400
-
400
21
421
138,886
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
Income
Cost of generating funds
Cost of generating voluntary income
Direct Charitable Activities
Programme costs
Programme Equipment
Salary costs
Trainee Allowances
Telephone & Internet
Rent
Heat & Light
Cleaning & Maintenance
Insurance
Transport
Travel
Water Rates
Maintenance
Tuck Shop Expenses
Stationery
Admininstration charges
New Build non capital Fees
Depreciation
Support Costs (95%)
Governance
Audit and Accounts
Legal & Professional Fees
Support Costs (5%)
Total Resources Expended
Support Costs
Ground Rent
Sundry
Training
Staff Travel and Expenses		 2023
£
275,591
100
100
86,358
720
124,565
22,033
1,244
-
8,110
4,416
6,599
2,010
-
467
-
2,549
1,354
-
-
29,651
290,076
2,254
292,330
1,200
2,124
3,324
119
3,443
295,873
-
1,380
350
643
2,373		 2022
£
283,289
-
-
64,529
23,100
142,727
-
1,012
-
6,123
3,179
4,416
950
-
534
390
6,244
1,011
-
-
29,651
283,866
1,104
284,970
1,600
1,581
3,181
58
3,239
288,209
50
495
39
578
1,162

34

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
Income
Cost of generating funds
Cost of generating voluntary income
Direct Charitable Activities
Programme costs
Salary costs
Bank Charges
Office Rent
Staff Development
Telephone
Insurance
Staff Travel expense
Support Costs (95%)
Governance
Audit and Accounts
Legal & Professional Fees
Support Costs (5%)
Total Resources Expended
Support Costs		 2023
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 2022
£
569,280
5,961
5,961
108,591
376,393
292
3,500
5,042
2,046
2,560
5,651
504,075
-
504,075
1,000
18,964
19,964
-
19,964
530,000
-
-

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
Income
Cost of generating funds
Cost of generating voluntary income
Direct Charitable Activities
Programme costs
Support Costs (95%)
Governance
Support Costs (5%)
Total Resources Expended
Support Costs		 2023
£
82,474
-
-
34,951
34,951
-
34,951
-
-
-
34,951
-
-		 2022
£
66,920
-
-
16,657
16,657
-
16,657
-
-
-
16,657
-
-

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

NOTE
Core
VOLT
USUB
CRED
Collaboration
Newcomers -
FUSE
£
£
£
£
£
£
OPENING BALANCE 1 APRIL 2022
7
-
56,486
4,672
10,152
1,814
(1)
INCOME
36,000
-
-
-
-
-
EXPENDITURE
Salary costs
36,000
-
-
-
-
-
Returned unspent funding
-
55,724
4,672
-
-
-
TOTAL EXPENDITURE
36,000
55,724
4,672
-
-
-
Transfer between restricted/unrestricted funds
(762)
-
-
-
-
BALANCE AT 31 MARCH 2023
7
-
-
-
10,152
1,814
(1)		 NOTE
Core
VOLT
USUB
CRED
Collaboration
Newcomers -
FUSE
£
£
£
£
£
£
OPENING BALANCE 1 APRIL 2022
7
-
56,486
4,672
10,152
1,814
(1)
INCOME
36,000
-
-
-
-
-
EXPENDITURE
Salary costs
36,000
-
-
-
-
-
Returned unspent funding
-
55,724
4,672
-
-
-
TOTAL EXPENDITURE
36,000
55,724
4,672
-
-
-
Transfer between restricted/unrestricted funds
(762)
-
-
-
-
BALANCE AT 31 MARCH 2023
7
-
-
-
10,152
1,814
(1)		 TOTAL
£
73,123
36,000
-
-
-
-
-		 36,000
36,000
-
-
-
-
-
-
55,724
4,672
-
-
-		 36,000
60,396
36,000
55,724
4,672
-
-
-		 96,396
(762)
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

NOTE
OPENING BALANCE 1 APRIL 2022
INCOME
7
EXPENDITURE
Cleaning materials
Heat and Light
Insurance
Rent
Salaries
Telephone
Audit fees
Programme costs
Returned unspent 2021-22
TOTAL EXPENDITURE
Transfer between restricted/unrestricted funds
BALANCE AT 31 MARCH 2023
7		 Core
Reset Grant
Period
Poverty
TBUC
PPE Fund
ICT Grant
£
£
£
£
£
19
5
9
16
89
1
130,000
-
-
-
-
-
740
-
-
-
-
-
4,286
-
-
-
-
-
1,225
-
-
-
-
-
10,000
-
-
-
107,597
-
-
-
-
-
651
-
-
-
-
-
400
-
-
-
-
-
4,890
-
-
-
-
-
19
5
9
-
196
-
129,808
5
9
-
196
-
-
-
-
(16)
107
(1)
211
-
-
-
-
-		 TOTAL
£
139
130,000
740
4,286
1,225
10,000
107,597
651
400
4,890
229
130,018
90
211

38

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 - Portadown YMCA

NOTE
OPENING BALANCE 1 APRIL 2022
INCOME
7
EXPENDITURE
Cleaning materials
Heat & Light
Insurance
Other costs
Management Fees
Salary costs
Statonery
Telephone
Transport
Water rates
Programme costs
Volunteer Allowances
Returned unspent funding
TOTAL EXPENDITURE
AT 31 MARCH 2023
7		 Core /
Supplementary
Summer
Boost
Youth
Intervention
YMCA
Adventure
Camp
Spark
Programme
Voice of
Young
People
Drug &
Alcohol
Awareness
Global
ICT
Grant
£
£
£
£
£
£
£
£
-
3,185
1
152
4,824
-
597
-
245
110,222
-
-
-
39,041
10,435
12,984
30,000
-
673
-
-
-
-
-
-
-
-
4,327
-
-
-
-
-
-
-
-
3,349
-
-
-
-
-
770
-
-
2,332
-
-
-
-
-
310
-
-
-
-
-
-
2,200
2,968
1,000
-
-
92,872
-
-
-
2,488
369
7,454
-
-
754
-
-
-
-
-
282
-
-
678
-
-
-
-
-
147
-
-
2,010
-
-
-
-
-
-
-
-
267
-
-
-
-
-
-
-
-
2,284
-
-
-
12,994
3,800
3,021
30,000
-
-
-
-
-
19,935
2,098
-
-
-
-
-
-
-
-
-
597
-
-
109,546
-
-
-
37,617
9,235
13,581
30,000
-
676
3,185
1
152
6,248
1,200
-
-
245		 TOTAL
£
9,004
202,682
673
4,327
4,119
2,642
6,168
103,183
1,036
825
2,010
267
52,099
22,033
597
199,979
11,707

39