Charity Number: NIC 105883 Company Number". Nl 641494 NEWHILL YOUTH AND COMMUNITY ASSOCIATION COMPANY LI ITED BY GUARANTEE TRUSTEES, REPORT INCLUDING DIRECTORS, REPOR AND FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2020
NEWHILL YOUTH AND COMMUNITY ASSOCIATION TABLE OF CONTENTS Page Company Infoimalion Trustees, Annual Report (including the Directors, report) Independent Examiner's Report to the members Statement of Financial Activities (including income and expenditure account) 10 Statement of Financial Position Statement of Cash Flows 12 Notes to the Financial Statements 13-19
NEWHILL YOUTH AND COMMUNITY ASSOCIATION COMPANY INFORMATION Company registration number N.1. 641494 Charity registration number NIC 105883 Directors and trustees John McGeown (Appointed 4 June 2020) Denise Rooney (Appointed 4 June 2020) Cathy Fit7simons (Appointed 4 June 2020) Stephanie Reid Appointed l June 20191Resigned 4 June 2020 Sean Mcchesney Appointed 7 June 20191Resigned 4 June 2020 Rachelle Mccurry Appointed 9 July 20191Resigned 4 June 2020 Christina Cahill Appointed 21 October 20191Resigned 4 June 2020 Richard May Appointed 21 October 20191Resigned 4 June 2020 Marie Mcllwee Appointed 21 October 20191Resigned 4 June 2020 Kevin Rosato (Resigned 20 May 2019) Roisin Moody (Resigned 20 June 2019) Ciaran Cahill (Resigned 3 July 2019) Steven Corr (Resigned 21 October 2019) Secretary Donal McKinney (Appointed 4 June 2020) Stephanie Reid Appointed 9 July 20191Resigned 4 June 2020 Registered office 261 Whiterock Road Belfast BT12 7FX Accountants Jone5 Peters Chartered Accountants 6 Church Street Banbridge BT32 4AA Bankers AIB 26 University Road Belfast BT7 INH Solicitors Edwards and Co. Solicitors 28 Hill Street Belfast BTI 2LA
NEWHILL YOUTH AND COfvllKUNITY ASSOCIA TION TRUSTEES, ANNUAL REPORT INCLUDING THE DIRECTORS, REPOR FOR THE YEAR ENDED 31 MARCH 2020 Report of the Trustees for the year ending 31 March 2020 The trustees are pleased to present their annual trustees, report together with the financial statements of the charitable company for the year ending 3 l March 2020 which are also prepared to meet the requirements for a directors, report and accounts for Companies Act purposes. The financial statements comply with current statutory requiremenls including the Charities Act (Northern Ireland) 2008 amended by the Charitie5 Act (Northern Ireland) 2013. Companies Act 2006, the Charity's Memorandum and Articles of Association, 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). Principal Activity Newhill Youth and Community Association promotes the benefit of the inhabitants of the New Bamsley and Derrnott Hill area of Belfast known as Newhill and its environs (hereinafter described as 'Yhe area of benefit") without distinction of age, sex, race, political, religious or other opinion, by associating with the statutory authorities, voluntary organizations and inhabitants in a common effort to advance education, and to provide facilities in the interests of social welfare for recreation or other leisure-time occupation, with the objective of improving the conditions of life for the said inhabitants. Newhill Youth and Community Association provides high quality services to children, young people and their families, in an area of high deprivation, meeting identified community needs. Based upon community development principle5 the charity uses a variety of strategies to involve local people in project planning and delivery, enabling them to tackle the issues that affect their lives. Our projects work through the area's integrated partnership's themes which are: children young people and families. employability. health and community services. This partnership ensures greater focus and synergy in the relief of poverty. The poor experience multiple disadvantages through unemployment, low income, poor healihcare, barriers to lifelong learning, barriers to taking part in culture, sport and recreation. We aim to lackle these barriers and blocks to social inclusion. We have three educational priorities.. achievement through leaming for adults, for young people, and through building community capacity. Our infomial education programme supports the community to increase their skills and confidence. Our afterschool service, summer schemes and youth club promote the education. health, development and wellbeing of children and young people within the local area, providing access to arts, crafts, drama, sports and physical reeieation, cookery. outing5 etc. Our afterschool's provision and school collection service enable local parents. including lone parents, to gain and hold down employment, or progress their education and training. Statement of Public Benefit Our community development activities achieve change within the community in relation probletns that members of the community themselves identify. It is a collective process, not a one-off. Our community development work enables, facilitate5 and builds capacity within the community and creates greater community cohesion, intervention, co-produ¢ed with, not for. the community. Our programmes successfully attract local target communtties by combining health, educational. and social benefits in the a¢tivities they provide.. increased access to education and training. greater community capacity, improvements in health equality and child development, improved prosperity and increased social mobility- Engaging in education increases self-esteem and enables people lo be more self-directed and to make better infomied decisions. Acquiring new skills increases independence, self-development and self-improvetnent. By learning new skills people open up new employment opportunities. The charity improves health outcomes by encouraging healthy exercise and diet. but also smoking cessation, measures to combat coronary heart disease and offering family suppori leading to improvements in health and wellbeing.
NEWHILL YOUTH AND COMMUNITY ASSOCIATION TRUSTEES, ANNUAL REPORT INCLUDING THE DIRECTORS, REPORT FOR THE YEAR ENDED 31 MARCH 2020 Our projects work through the area's integrated partnership's theme teams which are: children young Ople and families; employability,. health,. community servi¢es. This partnership ensures greater focus and synergy in the relief of area poverty lo people living within new Barnsley and Dermott Hill areas of West Belfast and the surrounding areas. The charity employs staff, for example child¢are professionals and youth workers, but this is incidental and necessary for it to provide its charitable services for the benefit of the local community. Achievements and Performanee In the year covered by this report the Association continued to have an ongoing positive impact in a wide range of areas which met all our charitable purposes. Services Youth club General programme Family Support Progratnme Volunteers 50+ project 109 children registered 200+ children and young people 17 children received one to one mentoring support 20 volunteers working across two projects 100 beneficiaries Newhill Youth Club The youth centre opens a minimum of four nights per weeL including weekends and residentials according to need. Our youth provision targets children and young people between 8-25 years and currently has 109 children and young people registered. The aim is to deliver innovative, holistic, educational and personal development programmes. The programmes help to break the cycle of deprivation by increasing life chances and aspirations, through fit for purpose programmes that help to improve outcomes in relation to education, employtnent prospects, social inclusion, resiliency. general health and mental wellbeing. This includes a five week summer programme. BHSCT Famity Support Sibling Mentoring Progratnme Supports 17 young people on a one to one basis over 12 sessions of 1.5 hours.. the young people also receive mentoring family support. This 15 a popular project for the chIldn and young people of Upper Springfieldl Whiterock area and is funded by BHSCT. All referrals come from the Upper Springfield Family Support Hub. Creative Art$ This group meets weekly, attendance various but approximately five people attend the weekly class with approximalely 240 involved in this reporting period. Volunteer Opportunities In this reporting period we had 20 volunteers which support all the services. Additionally, the centre operates a training scheme which facilitates training placement opportunities for trainee youth and childcare workers. Four trainee youth workers successfully completed their training in this financial year. The youth and childcare projects all employ local people that have a feel and understanding of Community needs. Many nearing or over 10 years.
NEWHILL YOUTH AND COMMUNITY ASSOCIATION TRUSTEES, ANNUAL REPORT INCLUDING THE DIRECTORS, REPORT FOR THE YEAR ENDED 31 MARCH 2020 Impact: Outputs 2nd Outcomes The Association provides a wide range of services that enables community development to tlourish through our own work and with our community partners. Daycare Youth club General programme Family Support Programme Volunteers 50+ project First Steps Childcare Registration BHSCT sponsored day care Out of Schools Service Registration Summer Scheme 88 daycare placements secured in this reporting period 109 children registered 200+ children and young people 17 children received one to one mentoring support 20 volunteer5 working across two projects 100 beneficiaries 56 childcare places 1,045 places 32 places 150 places Structure, Governance 2nd Management Governing Document The Association is a company registered in N. Ireland, which was incorporated under the Companies Act 2006 on 17 October 2016. The company is governed by a Memorandum and Articles of Association. The company's objectives are charitable in nature and it has established charitable status. The company's business is mat)aged by the directors/trustees who are considered to be the members of the company. Trustees, Appointment and Training The trustees recruit and select new trustees as set out in the governing document. The Board recruits new trustees with regards to skills, gaps and the new members, potential to make a real contribution to the charity's overall governance. The Board predicate trustees, appointments on our organisational values and make new members aware of their legal responsibilities under charity and company law. Our Members, induction pack outlines our Articles of Association, board structure, organisational structure. decision making processes, and our overview of finances. Our formal induction provides new board members with the information and training they need to take up their appointment as effectively as possible. Finan¢e, Pay and Remuneration The Association operates robust financial proCedUS which the Board regularly review and independently assess. We have clear financial management Systems to ensure effective and appropriate use of spend- administering resources cost-effectively, transparently and accountably with clear audit trails. All Board members give their time freely and no member received any remuneration during the year. Organisational Structure The Board administers the charity and nomially meets at least I I times per year. As part of its stru¢ture the Board operates three sub committees.. finance, audit and risk. human resources, and remuneration. The Board appoint a chief executive lo manage the charity's day to day operations. To ensure effective daily management the manager has delegated authority within terms of delegation through the Board's approval for operaiional matters including finance, employment and direct charitable activities.
NEWHILL YOUTH AND COMMUNITY ASSOCIATION TRUSTEES, ANNUAL REPORT INCLUDING THE DIRECTORS, REPORT FOR THE YEAR ENDED 31 MARCH 2020 Risk Management Our approach to the rnanagement of risk is informed by the need to ensure that the risks inherent in the pursuit of our objeciives are understood, will be manageable if realised. and that appropriate mitigation measures are planned or in place. Responsibility for the management of specific risks is carried by named individuals and groups, but the highest level risks, those that have a direct bearing on the Association's eapaciiy to achieve its strategic objectives, are managed by the Senior management team. The Association's finance and audit risk committee play5 an active role in risk monitoring and considered progress reports during the year on work that will enhance and further embed risk managemertt procedures across the whole organisation. Financial Review and Results for the Year Financial Review Incoming resources have fallen from £5,977 in the 17 months ended 31 March 2019 to £274,043 in the year ended 31 March 2020. £1,094,091 related to funds provided by the Education Authority to completely refurbish the Association's building. Resource5 expended on charitable activities have also fallen from £301,444 to £213,610 in the year ended 31 March 2020. As a result, net incoming resources amounted to £60,433 for the year ended 31 March 2020 (2019.. £1,082.668). The results for the year are set out in Statement of Finan¢ial Activities on page 10 and in the related notes. The company has net assets of £l.I76,870 as at 31 March 2020 (2019.. £1,116,437) as detailed on Ihe Statement of Financial Position on page I l. Reserves Policy and Goillg Concern At 31 March 2020 free reserves amounted to £5,977. On an ongoing basis the trustee5 believe there are sufficient reserves to meet the nomial working capital requirements of the company and to cover shortfalls in core funding for a period of at least six months. The trustees have considered future financial projections and future funding requirements and have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future and for this reason they continue to adopt the going concern bases in preparing the financial statements. Further details regarding the adoption of the going con¢em basis Can be found in the accounting policies. Events after Balance Sheet In the first half of 2020 the Covid-19 virus spread worldwide. In common with many other countries the Northern Ireland Executive issued guidance and restrictions on the movement of people designed to slow the spread of the virus. Newhill Youth and Community Association reacted to these restrictions by closing its administrative offices with some staff working from home. Whilst there has been a requirement to adapt some programme services the charitable activities of the organisation have remained fully operational throughout the period. On 4 June 2020 the company merged with the Upper Springfield Development Group and from that date became a charitable subsidiary of that group.
NENVHILL YOUTH AND COMMUNITY ASSOCIATION TRUSTEES, ANNUAL REPORT INCLUDING THE DIRECTORS, REPORT FOR THE YEAR ENDED 31 MARCH 2020 Plans for the Future The company aims to- To promote the Association's connection to the local communities of New Barnsley and Derniot Hill To promote the acces5 to the Black Mountain as a natural community resource To develop unused lands adjacent to the building for community recreational use Statement of Directors, Responsibilities The trustees, who are also directors for the purposes of company law are responsible for preparing the trustees report, and the company financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the charity trustees to prepare Financial Statements for each financial year. Under that law the directors have prepared the Financial Statements in accordance with proper Financial Reporting Standards. The Company Financial Statements are required by law to give a true and fair view ol the state of affairs of the Company and of the profit or loss for that period. In preparing those Financial Statements, the directors are required to-. select suitable accounting policies and then apply them nsIStentIy. make judgements and estimates that are reasonable and prudent- slate that the Financial Statements comply with national standards with regard to the Company Financial Statements, that applicable United Kingdom Accounting Standards have been followed, subject to any rnaterial departures disclosed and explained in the Financi21 Statements. prepare the Company Financial Statements on the going concern basis unless il is inappropriate to presume that the company will continue in business, in which case there should be supporting assumptions or qualifications as necessary. The directors confirm that they have complied with the above requiretnents in preparing the financial statements. The directors are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the company's financial position and to enable them to ensure that the group fLnancial staternenls comply with the Companies Act 2006. They ar¢ also responsible for safeguarding the company's assets and for taking reasonable steps for the prevention and detection of fraud and other irregularities. Accountants Jones Peters are deemed to be reappointed in accordar]¢¢ with Section 487 (2) of the Companies Act 2006 Small company provisions This report has been prepared in accordance with the provisions applicable to companies entitled to the small COpanies, exemption. This report was approved by the board on 17 February 2021 and signed on its behalf by.. Cathy FÉtL8imons Director
NEWHILL YOUTH AND COMMUNITY ASSOCIATION INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF NEWHILL YOUTH AND COMMUNITY ASSOCIATION FOR THE YEAR ENDED 31 MARCH 2020 We report on the accounts of the charitable company for the year ended 31 March 2020 which are Set out on pages 10 to 19. Respective responsibilities of Directors and examiner As the charity trustees (and also the Directors of the company for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. Having satisfied ourselves that the charity is not subject to audit under company law, and is eligible for independent examination, it is our responsibility lo-. examine the accounts under section 65 of the Charities Act (Northern Ireland) 2008. follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities A¢t- and state whether particular matters have come to our attention. Basis of independent examiner's report We have examined your charity accounts as required under section 65 of the Charities Act and our examination was carried out in accordance with the general directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or dis¢losures in the accounts, and seeking explanations from you as charity trustees concerning any such matter5. Our role is to state whether any material matters have come to our attention giving us cause to believe.. l. That accounting records were not kept in accordance with section 386 of the Companies Act 2006 2. That the accounts do not accord with those accounting records 3. That the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice applicable to charities preparino their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland 4. That there is further information needed for a proper understsnding of the accounts to be reached. Independent examiner's statement Whilst no work of an audit nature has been carried out, no matters have been drawn to our attention in respect of points (l ) to (4) listed above. No verification work has been carried out and income is solely as provided by urselv£s and all payments are as authorised and approved by yourselves. ones Peters Chartered Accountants Hughes House 6 Church Street Banbridge BT32 4AA 17 February 2021
STATEMENT OF FINANCIAL ACTIVITIES NCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2020 Unrestri¢ted Funds Restricted Fund5 31 March 2020 17 Ilue 31 March 2019 Note Income In¢omefrorp7 charitable aclivities.. Grants and contracts 79.683 102,125 181,808 1,259,185 Charitable Activities 3b 92.235 124 927 Total income 171918 102 125 274.043 1384 112 Expendl¢ure Expenditure on charitable activities 117213 213 610 301444 Totsl expeDditur¢ 117213 213 610 301444 Net iL¢omel(expenditure) and net movement in funds for the year 54,705 5,728 60,433 1,082,668 RecoDeiliation of funds Total funds bromght forward Total fuDds carried fornard The statement of financial activities includes all gains and losses re¢ognised in the year. All income and expenditure derive5 from continuing activities. The notes oll pages 13 to 19 form an integral part of these fKnancial statements io
NEWHILL YOUTH AND COMMUNITY ASSOCIA TION STA TEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2020 Note 31103ll020 3110312019 Fixed assets Tangible assets 1,170.893 1,094,091 Current assets Cash at bank and in hand Creditors: Amounts falling due within one year io Net current assets Net assetsl(liabilities) £1 The funds of the charity". Unrestricted funds 12 1,171,142 1,116,437 Restricted funds 12 Total charity funds The financial statements were approved and authorised for issue by the board of trustees on 17 February 2021 and signed on its behalf by.." C. Fi(Lsimons- Trustee J. McGeoJvn- Trustee Registration Nutnber: N1641494 The notes on pages 13 to 19 form an integr41 part of these financial statement&
NEWHILL YOUTH AIYD COMLIqUNITY ASSOCIATION STATEMENT OF CASH FLOWS YEAR ENDED 31 MARCH 2020 2020 2019 Cash flows froffl oper2ting activities Profit for the financial year 60,433 1.082,668 Adjusfmentfor." Depreciation of tangible assets Interest payable and similar expenses 3,168 509 663 Changes in.. Trade and oiher creditors Cash generated from operating activities 66,110 1,083.331 Interest paid 509 663 Net cash from operating activities Cash flows from investing activities Purchase of tangible assets 1094 091 Net cash used in investing activities Net increasel(decrease) in c2$h and cash equivalents Cash and cash equivalents at beginning of year (14,369) (11,423} Cash and eash equivalents at end of year 12
NEWHILL YOUTH AND Co1uNITy ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020 ACCOUNTING POLICIES The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding year. Basis of preparatio The financial statements have been prepared in accordattce 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 (Charities SORP (FRS 102)), the Financial Reporting standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Assets and liabilities are initially recognised at historical cost or transaction value unles5 Otherwise stated in relevant accounting policy notes. RÈeonciliation with previous Generally Aecepted Ae¢ounting Practice In preparing the accounts, the trustees have applied the accounting policies required by FRS 102 and the Charities SORP FRS 102 and as a result the comparative figures have been restated to comply with FRS 102. Going concern The charity had free assets of £l.176,870 at the year end. The extent of the impact of the Covid 19 pandemic on the charity remains uncertain. Whilst there has been a worldwide slow down in economic activity and the loss of jobs across many businesses the charity has continued to run its programmes and provide its services. The Trustees have considered the potential financial effects from the changing economic environment for the upcoming 12 months, including the potential impact on ongoing funding and are taking mitigating actions. They have ¢onsidered financial projections for the year ended 31 March 2021 and have a rea50nable expectation that the charity has adequate resources to ensure that the charity will continue to operate. The trustee5 believe that there are no material uncertainties about the ability of the charity to continue in operational existence and the financial statements have been prepared on a going concern basis. Public benefit entity Newhill Youth and Community Association meets the definition of a public benefit entity under FRS 102. 13
NEWHILL YOUTH AND COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020 Incoming resources Income is recognised when the charity has entitlement to the funds, any performattce conditions attached to the item(s) of in¢ome have been me¢ it is probable that the income will be received and the amount can be measured lIablY. Income from government and other grants. whether 'capilal' 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. Donated services or facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met. the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. A corresponding amount is then recognised in expenditure in the period of receipt. Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expendilure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs thal can be allocated directly 10 such activities and those costs of an indirect nature necessary to support them. Fund aeeounting Unrestricted funds - the unrestricted fund is under the control of the Trustees, to be used in the furtherance of the general objectives of the company. Restricted funds - the restricted funds represent incomelgrants received where the donor has imposed restrictions on the use of the funds which are legally binding on the Trustees. The cost of raising and administering such funds are charged against the specific fjjnd. Tangible fixed assets Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impaimient. Cost includes cost directly attributable to making asset capable of operating as intended. 14
NEWHILL YOUTH AND COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020 Depreciation Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost less residual value of each asset on a straight line basis over its expected useful life as follows.. Fixtures, fittings and equipment 200/& Straight line per annum l. l O Alloeation of support costs Support costs are those functions that assist the work of the charity but do not directly relate to charitable activities. Support costs include back office COSIS. finance, personnel, payroll and governance Costs which support the trust's programmes and activities. These costs have been allocated between costs ol raising funds and expenditure on charitable activities. based on an estimate of time spent on both functions and individual programmes. l. I l Financi21 instruments The trust only has financial assets and financial liabilities of a kind ihat qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value wilh the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. 1.12 Defined contribution penslon schemes The pension costs charged in the financial statements represent the contribution payable by the company during the year. LEGAL STATUS OF THE TRUST Newhill Youth and Community Association is a company limited by guarantee and accordingly does not have a share capital. Every member of the company undertakes to contribute such amount as may be required not exceeding £1 to the assets of the charitable company in the event of its being wound up while he or she is a member. or within one year after he or she ceases to be a member. With effect from 4 June 2020 Upper Springfield Development Trust Ltd became the sole member of the Company. 15
NEWHILL YOUTH AND COMMU1Ty ASSOCIATION OTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020 Unrestricted Restricted Yle 31103n020 17 M/e 3110312019 Funds Funds Total Funds Total Funds INCOME 3a.Income from grants and contracts Department for Communities Belfast Health & Social Care Trust Belfast City Council Children in Need Education Authority Education Authority- Refurbishment The Henry Smith Charity Asda Equipment Funding Lloyd TSB Awards of All 36,781 7.650 13,494 1,920 39,810 36,781 7,650 13,494 1,920 39,810 60,988 2,470 18,695 44,317 13,716 30,295 i 0,000 52,376 1,094,481 60,988 2.470 18,695 4,IK)O £7 Income from Charitable activities was £181,808 (2019.. £1.259,185) of which £102,125 was restricted (2019: £164,704) and £79,638 was unrestricted (2019- £1,094,481). Unrestricted Restricted Yle 3110312020 17 Mle 3110312019 Funds Funds Total Funds Total Funds 3b. Income from charitable activities Charitable activities 124 927 Income from charitable activities was £92,235 (2019.. £124,927) of which £NIL (2019.. £NIL) was restricted and £92,235 {2019: £124,927) was unrestricted. EXPENDITURE Unrestrieted Restricted Y/e 3110312020 17 Mle 3110312019 Funds Funds Total Funds Total Funds Charitable activiti Staff costs Premises Costs Depreciation Other operating ¢osts Programme delivery Governance costs (see note 5) 68,199 6.825 39,425 19,391 3,168 509 33.904 107,624 26,216 3,168 509 74,093 158,053 40.820 663 97,428 40.189 21 Expenditure on charitable activities was £213,610 (2019.. £301,444) of which £96,397 (2019: £167,704) was restricted and £117,213 (2019- £133,740) was unrestricted. 16
NEWHILL YOUTH AND COM(UNITy ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020 Unrestrieted Restricted Yle 3110312020 17 Ivue 3110312019 Funds Funds Total Funds ANALYSIS OF GOVERNANCE COSTS £ Total Funds Accountancy Legal fees 2,000 2,000 NET INCOMING RESOURCES FOR THE YEAR Y/e 3110312020 17 Mle 3110312019 This is stated after charging- Depreciation ANALYSIS OF STAFF COSTS AND TRUSTEE REMUNERATION Yle 3110312020 17 Mle 31103J2019 Salaries and wages Social security costs 94,798 140,569 £107 158 No employee had employee benefits in ex¢e5s of £30.000 {2019'. £30,000). The charity trustees were not paid or received any other benefits from employment with the charity in either year. No charity trustee received payment for professional or other services supplied to the charity {2019- Nil). STAFF NUMBERS The average number of full-time equivalent employees during the year were as follows'.- Yle 3110312020 17 M/e 3110312019 Number of staff 17
NEWHILL YOUTH AND COMMUP41TY ASSOCIATION NOTES TO THE FINANCIAL STA TEMENTS FOR THE YEAR ENDED 31 MARCH 2020 TANGIBLE FIXED ASSETS Fixtures, ritting5 and equipment Leasehold Property Total At l April 2019 Additions At 31 March 2020 1,094,091 61.538 1 155 629 1,094,091 1 174061 Depreciation At l Apri12019 Charged during the year At 31 March 2020 Net book value At 31 March 2020 At31 March2019 The bases by which depreciation is calculated are stated in note 1.8. 10. CREDITORS: Amounts falling due within one year Y/e 3110312020 17 Mle 3110312019 Accruals FINANCIAL INSTRUMENTS All financial instruments have been recorded at their transaction price. No other financial it]struments exist other than those included in debtors and creditors. 12. ANALYSIS OF CHAIUTABLE FUNDS Analysis of movements in restricted and unrestricted funds. Balance at l April 2019 Incoming Resources Outgoing Resources Balance at 31 March 2020 Total Unrestricted Funds Total Restricted Funds Total Funds 1.116,437 171,918 102 125 117,213 1,171,142 18
NEWHILL YOUTH AND COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020 Analysis of movements in restricted and unrestricted funds - previous year. Balance at 31 October 2018 Incoming Resourc¢5 Outgoing Resources Balance at 31 March 2019 Total Unrestricted Funds Total Restricted Funds Total Funds 33,769 L,219,408 164 704 136,740 164.704 1.116,437 13. ANAL YSIS OF NET ASSETS BETWEEN FUNDS Analysis of net assets Uurestricted Funds Restricted Funds 31 March 2020 Total Fixed assets Net assetsl(liabilities) ,170.893 249 1,170.893 5.977 Analysis of net as5ets- previous year Ullrestricted Funds Restricted Funds 31 March 2019 Total Fixed assets Net assets/(liabilities} ,094.091 ,094,091 14. CORPORATION TAXATION The charity is exempi from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxaiion of Chargeable Gains Act 1992 10 the extent that these are applied to its charitable objects. 15. CONTINGENT LIABILITY A contingent liability exists to repay grants received should ceitain conditions not be fulfilled by the charitable company. In the opinion of the trustees the term5 of the letters of offer have been, or will be. complied with and no liability is expected to occur. 19