UTFI CENfRE NT DED 31ST MARCH 2 R TIIE YEA ENT OF POLICI Aceounting convention aod Basis of Accounting The financial statements have bccn preparcd under the historical cost convention. Tbese financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statenlent of R¢comrncnded Practice applicable to charities preparing their accounts the Financial Reporting Standard which applies to UK and Republic of Ireland (FRS 102) (effective I st January 2015) - (Chariti¢s SORP (FRS 102)), and the Companies Act 2006. RecoDclliatlon wlth prevlous Generally Accepled Accounting Practlce Inpreparing the accounts, the Trustees have considered whetber in applying th¢ accounting policics requircd by FRS 102 and the Charities SORP FRS 102, the restatement of comparative items was required. No rcstatem¢nts were required Income Recognltlon Income is recognised when the charity has the entitlement to the fi￿ds, any performance Londitions attached to the item(s) of inLomc havL bcen met, it is probable tbe in¢om¢ will bc received and the amoiint measured reliably. Int9rn8t R•eolvablo Interest on the ￿nd5' held when receivable and the amount ran be measured reliably. this is normally upon notification of tbe interest paid or payable by the bank. Re8ources Expondod All ¢xp¢nditure is account¢d for on an Accruals basis and is classifed under headings that aggregatc all costs related to that category. undraising costs include the Losts of advertising, producin& publications, printing and mailing fundraising matcrial and staff costs in these areay. Costs of charitable activites include direct expenditure incurred through operational activities. Governance costs r¢present the costs associated to the governance arrangements of the charity which relate to tbe general running of the charity as opposed to those costs a550¢iated with fundraising or chdritablc activity Fixed Assets All tangible f￿ed asscts are recorded at cost Pag8 6 CENT TEMENf OF A ' NT LICIES Conl Depr•cl4tlon Depreciation is calculated lo write off the cost of r￿ed assets over Ihelr estlmaled usalul Ilves at the followng rates.. COMPUTER EQUIPMENT Rèp81rn and ronowals All repairs and renewals aro ￿tten off 88 Incurred Dobtors and Prepaymonts Trade debtors and othor debtors arè re￿gniSed at the setdgmenl amount due after any discount offered. Prepayments are valu•d al tha amount pr•paid nel of any dlscounls duo. Credltor8 and Provlslonj Creditors and provision8 are recognised wher9 the chailty has a presonl obligation r08ulling Irom a past event that will proba1¢ result In the Iran$fer of funds lo a thlrd ￿rtY and the amount due to settle tha obligation can bg measure relaibly Flnènclal Inslruments The charfty only has financial In$lrum8nls and finanGlal Ilablllies of a klnd that quo11fy as a basic financial instrument. Basic financial instruments are inillglly recognlsed al Iran59clion value and subsqugntely measure al their se¢tlemnl value wllh the excgpllon of bank loan3 which are subsquenlly rnaayur&d al amort139d cost Using the effectivg Inlere81 method. Prlor year adJu$tmont$ Durfng the proporallon of the Ilnanoial $1otem&nls, an error relating to tha pr8viou8 yoors "Employgr Nallonal Insurance Conlnbullons has been Idenlified. An employer NIC credlt by way of an Employemnl Allowance had not b88n recognised, which resulted in an overstalemenl of both expendllure ané the PAYEINIC Ilability at the prlor ye8r-end. In accordance with the Charllies SORP IFRS 1021, Ihls has bggn Irealed as a "Prlor Year Adlu$tem9nt", with cofflparalive figures restated and opening unreslricl8d funds increased by £5,000. The adjustment does NOT Affect the currerst years firbancial performance or cash position. Ple8se see NOTE 8 for lull breakdown and effect on S.O.F.A's Page 7 SAINTS YO ANC ST ME LI Fund accountlng Unrestricted funds comprise donations and other income Ihat are available for the use at the Trustees, discretion in furth8ranGe of the objectives of the Charity. Designated funds may b8 used as unrestrlcted funds sat aslde by the trustees for specific future purposes Restricted funds represent income received which is subject to speciflc purposes. th8 use of which is restricted to that area or purpose The Income reclved from funders depend5 on the charity meeting detailed criterfa on the expenses plans. Grants glven under such conditions are also subject to thém bolng obtained for in connection wilh the furtherance of the charltws aims and objectives. Such Incom8 can be repayable to th8 fund8r if such expenses plans and crlteria are not met. Such income can only be deferred inf the donor specifi8S that the gr8nUdonalion must only be used in future accounting periods,. of th8 donor has impos8d conditions which musl be met before the charity has unconditional enlillement. Income Irom charitable activit8s Includes Income received under contract or where entill8m8nt to grant funding is sublecl to specific pèrtormanc8 conditions is recognised as eamed as the related goodslservices are provided. Grant income included in this category provides funding to support funding activies and Is recognlsed where there is entitlement, c8rtalnty of recglpt and the amount can be measure r81iably. Income is deferred when.. feesl performance related grants are received in advance of the performancelevent to which they relate. Reserves Policy Unrestricted funds are nèéded lo provide funds which can be applied lo specific projects and lo enable these projects lo be undertaken at short notice and to cover the running costs of the Charity for a limited period, should there be a significant shortfall in projected Income. The Trustees consider il prudent that unrestricted resetves should be sufficent to avoid the necessity of realising fixed assets held for the Charity's use. Page 8 UTH RITY NUMBEK: IYIC 105861 DI RE ACCO D31 R THE YEAR 25 INCOME 225,077 Adminlstrative Expenses 218,603 OPERATING SURPLUS and SURPLUS ORDINARY ACTIVITIES BEFORE TAXATION 6.474 Tax on deficit on ordinary activities IDEFICIT)ISURPLUS FOR THE FINANCIAL YEAR 6,474 CONTINUING OPERATIONS None of the Charitvs Activities were acquired or discontinued durlng the cu￿nI year or pr8vIous period. TOTAL RECOGNISED GAINS AND LOSSES The charity has no recognised gains or losses other than th8 surplus for th8 Current ye8r. Page 9 NT 'OMEA FOR ITU R ENDED 31 MA UNT 2025 2024 Note INCOME Resricted Funds- Grants Received Unrestricted Funds - Generated funds Note I Note I 186.843 38,234 203,022 26,847 TOTAL INCOME 225 077 229 869 2025 2024 EXPFNDTTURE Wages Social security Pension Trdvelling Frogramme Gvsts Oih¢r staff cost Youth work allia Purchdscs In%uranc¢ Light and heat Telephone Postage and stalionLry Coll)pulcr costs Repairs and renewals AcLountancy Bank chargc5 Deprccialion Not¢ 3 Nvte 3 Note 3 Note 3 Not¢ 3 Note 3 Note 3 Note 4 Note 4 Note 4 Note 4 Note 4 Note 4 Nvt¢ 4 Note 4 Notc 4 Note 2 123,867 2,066 1,545 4,561 32,498 3.990 8,654 111,349 3,809 5,061 ,297 2,402 214 5,685 2,108 773 L,724 122,569 1,792 1,545 5,956 39,663 4,648 3,838 19,259 3,655 5,857 1,160 1,852 99 13,616 1,450 594 2,574 TL)'I'AL EXPENDI'I'URE 218 603 230 127 {DEFICIT)ISURPLUS FOR THL FINANC'IAL YEAR 258 Pag8 10 CI12025 2025 2024 Note FIXED ASSETS Tangible assets 3,501 5.225 CURRENT ASSETS Sundry debtors and prepayments Cash at bank 3,527 24,775 2,949 13,359 CURREN'I. LIABILITIFS C'reditors (Amounts falling due within one year) 6,797 3,001 NOIY CURRENT LIABILITIES Creditors 6,797 3,001 IYET ASSETS 25,¢X)6 REPRESENTED BY: Reserves balance brought forward as at l April 2024 (Deficit)ISurplus for the year PYA 18,532 6,474 18,790 (258) Reserve5 balancL Ldrried forward as at 31 March 2025 25,006 18,532 airperson Committee Member Dated.. I,[2 Page 11 I. INCOhlE RKCKIVED RoJtd¢ted Vnrg¥trl¢ted Fulld4 IQ25 21 GKNERATED INCOMK Shoptakns$ DoDrMoney Tri SponsoT5 & fuFdrnisin8 gistyatiOD Re8idEnriJl 20.482 8.877 3283 1.209 810 60S 550 2,416 20,482 .871 3,285 1.209 810 605 550 2.416 16.000 4.846 1.060 2.085 2221 035 Spomx tNCOMK VROM CHARITABLE ACTMTIES Rejtrteted unr￿trIc1¢d Fwldi Belful fliy Cvunkil Cowcnunity RE3knrn￿ots DFL Dcyclop￿1 He￿IhY CommllniEICS P￿￿catioN Aulority GIGA Tr4￿1￿8 Holy I'rfniiy IFA diTosethtsr Lawore Youth PHA Spoffl¢d liounditio Sptin8&)wd UDi¢o contr￿ts YIA Cummwdty Iloundaiion CNP i).e DeErt ofJuyliet FSD H41ifax Troundalion Hedlcy Ordnl KNI poic8￿1 Community Y¢uth Work ￿li￿cO YM(:A 1,550 3.000 20,496 3.384 l.J50 3.00 20,496 3.J84 1.700 7,461 4,000 156J61 850 i.oso 1,41)0 267 5,579 1,¥46 I,aoo 120 1.28 4,aOO 850 1,050 1,400 267 5,579 1,846 1,000 1,36J 300 1,200 1.00 1.2AO 4,000 3?OCI 5Qil 7,420 6,23¥ 684 3,00 4,50 3,500 1,64J 50LI 596 3J4 186843 222661 232 749 2.TANGIBLK VIXEL) ￿$SKT8 JAnd & Buildw LquipmEnl C¢mpulcr EquipmL'ni Moior Vchiole¥ COST A5 41 Is¢Aprf12024 11.640 11.64 Additio ispDEals AS 8131$E 202$ DEPRECIATION As &1 151 Aprd 2024 6.415 6,415 Chiry f¥ry¢&r Elimillatd 0ndis￿SAI 1,724 .724 A5 llt 31st MaY¢b 2025 Nd knokvalue 31$1 M3r£h2025 NetbDok value 3151 M￿h 2tJ24 25 Pa9e 12 INT 3. EXPEIYDITURE Restricted Unrestrlcted F.xpell5es Expell￿5 2025 2024 EXPENDITURE ON CHAIUTABLE A￿rIViTIEs Wages Social s¢eurity Pcnsion Programme Cost$ Traveliing Other Staff ¢osls Youth work Nllianz 123.867 2,065 1.545 24,578 3.816 3,990 8,655 123,867 2,065 1,545 32,499 4,561 3,990 8,655 122,569 1,793 1,545 39,663 5,956 4,648 3,838 7,921 745 168516 177 182 180012 Re5tTleted Unrestrlcted Expensei Expensos 2025 2024 4. SUPPORT COSTS & GOVERNANCE COSTS Supplies & purcha5¢5 'relephone Light & hcat Postage & stationery Inquran¢# CompulLr costs Rcpair8 & Maintenan¢¢ A¢countan¢y Bank charge 18,349 1,297 5,061 2,402 3,809 214 18,349 1,297 5,061 2,402 3,809 214 5,685 2,108 773 19,259 A,160 5,857 1,8S2 5,68S 2,108 773 13,616 1,450 594 TOT AL EXPENDITUR 199,648 17,232 216,880 227,554 Page 13 S. DEBTORS & PREPAYMENTS: AMOUNTS FALLING DUE WITHIN ONE YEAR X125 2024 DFC Edu¢a¢iott Aulhotity- EA Capital Building (EA5502531 P14A Ne51 Pellgioll corLtrol ￿¢oUllt IWI 2,( 947 6. BANK CASH 2015 2014 Ballk Accowil No 1 . 005 ALcounl Bank A¢¢oulli No 2. 351 Account C8sh in hand 4,751 18.205 8,783 3,958 618 7. ACCRUALS 123 2014 W88es & Solaries PAYE 1,990 251 Accruats: 1,300 76 1,650 506 1,300 Ac￿￿larKY Undeiac¢ru41 A¢w1n14￿Y YE 31.03.25 EA Bank IntoreBI & Ch¥998 CleBnBwg ÉSS Sacurity Plzza Co Ntl Pay 1,450 58 366 408 299 . PRIOR YKAR ADJusfMENTS During the y￿, the ¢barity id¢niified an error tn the calculation ofemploy¢rNational InsurÈnce ¢ofttriblltioos In prior fin4ncio1 pBriods. The chLr8c foremployer5' NIC bad becn ovcrslalcd by £5,000 due lo the ollllB8ion of Hn ￿plIcAble ¢redit. Jn Bccordance with FRS 102 Sectlon 10- Accountlng Pollcles. estlm•t•s and E￿01$. the comparative figure5 have bE¢u r¢slatd and QP¢UillE unrostrictcd futtJs have bccn increa5cd by £5,000. ImpA¢t of the adjustmtrnt: Sigif¢0515 for th¢ ycgr euded 31 March 2Q24 reduced by £5,000 PA YEINIL liabiliry rediiccd by £5.000 Opcninbi uDKslri¥ted ￿lld5 at l Apiil 21124 increased by £5.000 Totsl fimd.8 Èartied forwArd ai 31 March 2025 increAsed from £13.534 to £18.534 No impact has been made on current.yqar incorne or expenditure. 9. RY.SERVES Z025 IQ24 Rewrve5 b￿l￿.c¢ bTousbi fonvard as al l April 2024 ID¢fiGiiySurplus foT th¢ 18.532 6,474 18,790 1258) Reserves balALCe carried lorward as at J l .March 2025 25,006 P8ge 14