Charity Number: NIC 105883
Company Number: NI 641494
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NEWHILL YOUTH AIYD COMMUNITY ASSOCIATION
TABLE OF CONTENTS
Page
Company Infonnation
Trustees, Annua] Report (includin8 the Directors, report)
Independent Auditor's Report to the members
9-13
Statement of Financial Activities (in¢ludin8 income and expenditure a¢count)
14
Statement of Financial Position
15
Notes to the Financial Statements
16-22

NEWHILL YOUTH AND COMMUNITY ASSOCIATION
COMPANY INFORMATION
Company registration number
N.1. 641494
Charlty registrntion number
NIC 105883
Directors and trustees
John McGeown
Denise Rooney
Cathy Fitzsimons
SeeretP&ry
Donal McKinney
Registercd orrice
261 Old Whiterock Road
Belfast
BT12 7FX
Auditors
Joncs Peters
Registered Auditors
Chartered Accountants
6 Church Street
Banbridge
BT32 4AA
Bankers
AIB
26 University Road
Belfast
BT7 INH
Solicitors
Edwards and Co. Solicitors
28 Flill Street
Belfast
BTI 2LA

NEWHtLL YOUTH AND COMMUNITY ASSOCIATION
TRUSTEES, ANNUAL REPORT
NCLUDING THE DIRECTORS, REPORT
FOR THE YEAR ENDED 31 MARCH 2023
Rcport of thc Trustees for tbe year endlng 31 March 2023
Thc trustees are pleased to present their annual trustecs, report together with the financial statements of the
charitable company for the year cnding 31 March 2023 which are also prepared to meet the requir¢ments for a
directors, report and accounts for Companies Act purposes.
The financiol staternents comply with current statutory requirements including the Charities Act 04lorthern
Ireland) 2008 amended by the Charities Act (Northem Ireland) 2013, Companies Act 2006, the Charity's
Mcmorandum 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
appliLable in the UK and Republic of Ireland (FRS 102).
Transfer of Undertaking
The operations and staff of Newhill Youth and Community Association were transferred to the Youth Project of
Upper Springfield Devclopment Trust Ltd in October 2022. The leasehold propety and fixtures and filtings of
the company were also transferred at net book value of £367,595 at that date. A furthcr £44,000 cash was
transferred in March 2023 to Upper SpringfIeld Development Trust Ltd.
The trustees intend io wind down the affairs of Newhill Youth and Community Association and complete the
transfer of assets over the coming months with a view to having the Company dissolved by March 2024.
PrincipAI Activity
Newhill Youth and Community Association promotes the benefit of the inhabitants of the New Barnsley and
Dcnnott Hill area of Belfast known as N¢whill and its environs (hcreinafter described as 'the area of benefit")
without distinction of age, sex, race, political, religious or other opinion, by associating with the statutory
authorit1¢5, voluntary organizations and inhabitants in a Common effort to advanc¢ education, and to provide
facililies in the interests of so¢ial welfare for recreation or other leisurc-time occupation, with the objective of
improving the ¢onditions of life for the said inhabitants.
Ncwhill Youth and Community Association provides high quality 5ervi¢es to ¢hildr¢n, young people and their
families, in an area of high deprivation, meeting idcntified community needs. Based upon community
development principles the charity use5 a variety of strategies to involve local people in project planning and
delivery, enabling them to tsckle the issues that affect their lives. Our projects work throug)h the area's int¢grat¢d
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 povety.
The poor experience multiple disadvantages through unemployment, low income, poor healthcare, barriers to
lifclong learning, barriers to taking part in culture, sport and recreation. We aim to tackle these barriers and blocks
to social inclusion. We have three educational priorities: achievement through learning for adults, for young
people, and through building community capacity. Our infonnal education programme supports the comtnunity
to increase their skills and confidence. Our afterschool service, surnmer 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, dram4 sports and physical recreation, cookery, outings 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.

NEWHILL YOUTH AND COMMUNITY ASSOCIATION
TRUSTEES, ANNUAL REPORT
NCLUDING THE DIRECTORS, REPORT
FOR THE YEAR ENDED 31 MARCH 2023
ststement of Public Benefit
Our community development activities achieve change within the community in relation to problems that
members of the community thems¢lves identify. It is a collective process. not a one-off. Our community
development work enables, facilitatcs and builds capacity within the community and creates greater
community cohesion, intervention, co-produced with, not for, the community.
Our programmes successfully attract local target communities by combining health, educational and social
benefits in the activities they provide: increased access to education and training, greater community capacity,
improvements in health equality and child development, improved prosperity and increased social mobility.
Engoging in education increases self-esteem and enables people to be more self-directed and to make better
infomied decisions. Acquiring new skills increases independence, self4levelopment and self-improvement.
By learning new skills people open up new employment opportunities. The charity improves health oulcomes
by encouraging healthy ¢xerci8e and diet, but also smoking cessation, measures to combat coronary heart
disease and offering family support, leading to improvements in health and wellbeing.
Our projects work throus'h the ar¢a's integrated partnership's theme teams which are.. children, young people
and families. employability; health; community services. This partnership ensures greater focus and synergy
for the relief of area povety to people living within new Barnsley and Dern]ott Hill areas of West Belfast
and the surrounding areas,
'The charily employs staff, for example childcare professionals and youth workers, but this is incidental and
neccssary for the charity to provide its charitable services for the benefit of the local community.
Aehievoments and Pcrformanee
In thc 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.
Servicc8
Youth club
General programmc
Family Support Programme
Volunteers
50+ project
208 children regi8tered
200+ children and young people
17 children received one-tO-on¢ mentorin8 SUPPOrt
15 voluntccrs working across two projects
50 beneficiaries
Newhill Youth Club
The youth centre opens a minimum of four nights per week, including weekends and residentials according to
need. Our youth provision targets children and young people between 9-18 years and currently has 208 children
and young pcople registered. The aim is to deliver innovative. holistic, educational and personal development
programmcs. The programmes help to break the cycle of deprivation by incrcasing life chances and aspirations
through fit for purpose programmes that help to improve outcomes in relation to education, employment
prospects, social inclusion, resiliency, general health and mental wellbeing. This includes a five week summer
pro8fdmme.
BHSCT Family Support Sibling Mentoring Programme
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 is a popular project for the children and young people of Upper Springfieldl
Whiterock area and is funded by BHSCT. All referrals come from the Upper Springfield Family Support Hub.

NEWIIILL YoirrH AND COM￿[UNITy ASSOCIATION
TRUSTEES, ANNUAL REPORT
INCLUDING THE DIRECTORS, REPORT
FOR THE YEAR ENDED 31 MARCH 2023
Creative Arts
This group meets weekly, attendance varies but approximately five people attend the weekly class with
approximately 240 involvcd in this reporting period.
Volunteer OpportUDlties
In this reporting period we had 15 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 succ¢ssfully completed their training in this financial year. Thc youth and childcare projects
all employ local people that have a recl and understanding of community needs and many of whom have been
involved for over 10 years.
Structure, Governance and Management
Governlng Documcnt
The Association is a company re8lStered in N. Ireland, which was incorporated under the Companies Act 2006
on 17 October 2016. The company is governed by a Mernorandum and Articles of Associatlon. The company's
objectives are charitable in natur¢ and it has established charitable status. The company's business is managed by
the directorsltrustccs who are considered to be the membcr5 of the company.
Trustees, Appolntment and Training
The trustees rccruit and select ncw trustces as set out in the governing docurncnt. The Board recruits new trustee5
with regards to skills, gaps and the new MeM￿rS, potcnlial to make a real contribution to thc charity's overall
governance.
The Board prcdicate trustees, appointments on our organisational values and makc new members aware of their
legal responsibilities undcr charity and company law. Our Members, induction pack outlines our Articles of
Association, board structure, or8anisational structure. decision making processes, and our overvicw of finances.
Our fornlal induction provides n¢w board members with the infomation and training they need to take up their
appointment as effectively as possible.
Finance, Pay and Remuneration
The Association operates robust financial procedures 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 trail5.
All Board members give their time freely and no rnember 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 structure the Board
operates three sub committees: finance, audit and risk. human resources, and remuneration. The Board appoint a
chief executive to manage the charity's day to day operations. To ensure effective daily management the manager
has delegated authority within tems of delegation through the Board's approval for operational matters including
finance, employment and direct charitable activities.

NEWHILL YOUTH AND coM￿￿NITy ASSOCIATION
TRUSTEES, ANNUAL REPORT
NCLUDING THE DIRECTORS, REPORT
FOR THF YEAR ENDED 31 MARCH 2023
Risk Management
Our approach to the management of risk is infornied by the need to ensu￿ that the risks inherent in the pursuit of
our objectives are understood, will be manageable if realised, and that appropriate mitigation measures are
planned or in place. Responsibiliiy 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 Newhill Youth and Community
Association capacity to achieve its strategic objectives, are managed by the senior management team. The
Ncwhill Youth and Community Association finance and audit risk committee plays an active role in risk
monitoring and havc a risk management strategy that Comprises:
An annual review of the principal risk and uncertainties that the charity takes,
The establishment of policies, systems and procedures to anticipate risks in the annual review; and
The implementation of procedur¢s designed to minimise or manage any potential impact on the charity should
those issues materialise.
Reputational Risk8.' The Trustees are conscious of the importance of its reputation as a well run organisation
dclivering public benefit and have undertaken steps to ensure Newhill Youth and Community Association
governance and management structures are robust and give confidence to all stakeholders and operate in line with
our values.
Financlal Risks.. The organisation exposes itself to a variety of financial risks. Measures to mitigate this risk
include strong budgetary management and cost control and proactive negotiations with tenants and key
stakeholdcrs.
Hcalth and Safety Risks: The Trustecs recognise the importance of safety in all of our services. Ncwhill Youth
and Community Association implements robust Systems and structures to ensure all health and safety regulations
are Complied with.
Legal and Regulatory Risks: The charily is required to comply with a wider range of legal and regulatory
obligations. Policies and procedures are in placc to ensure compliance with these obligations, howovcr, their
incvitably rcmains a residu81 risk of an operational failure resultin8 in a breach of these obligations.
Insurable Risks: The organisation incurs exposure to employer, public and property damage liability by virtue
of the nature of its operalions. While a strong emphasis is placed on health and safety and risk manag¢ment
practices to avoid liability arising, insurance cover is maintained to rnitigate the financial impact from such events.
Financlal Review and Results for tbe Year
Financial Review
Incoming resources hav¢ decreased from £115,328 in the year ended 31 March 2022 to £90,221 in the current
year reflecting the fact that the staff and operations of the wer¢ transferred to the youth projcct of Upper
Springfield Development Trust Ltd in late October 2022. Similarly, resources expended on Charitable Activities
have decreased from £97,059 in the year to 31 March 2022 to £90,881 in the current year. Freehold Propety and
fixtures and equipment with a net book value of £323,595 and cash of £44,000 were donated to Upper Springfield
Development Trust Ltd in the year. As a result, net outgoing resources amounted to £368.255 in 2023 as
compared to net incoming resources of £18,269 in 2022. The results for the year are set out in the Statement of
Financial Activities An page 14.
The company had net assets of £2,143 as at 31 March 2023 (2022: £370,398) &8 detailed on the Ststement of
Financial Position on pag¢ 15.

NEWHILL YOUTH AND COMMUNITY ASSOCIATION
TRUSTEES, ANNUAL REPORT
INCLUDING THE DIRECTORS, REPORT
FOR THE YEAR ENDED 31 MARCH 2023
Trustees, Responsibility Statement
The trustees, who ar¢ also directors for the purposes of company law, are responsible for preparing the trustees.
report and the 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 statcments for each y¢ar which give a true and fair
view of thv statc of affairs of the charitable company and th¢ incoming r¢sourccs and application of resources,
including the incom¢ and expenditure, for that period.
In preparing these financial statements, the trustees are required to:
select suitable accounting policies and then apply them consistently;
observe the methods and principles in the applicable Charities SORP;
make judgemcnts and accountin8 estimates that are reasonable and prudent;
prepare thc financial statements on the going concern basis unless it is inappropriate to presume that the
harity will continue in business.
The trustees are responsible for keeping adcquate accounting records that are sufficient to show and explain the
charity's transactions and disclose with rcasonable accuracy at any time the financial position of the charity and
enable them to ensure that the financial statements comply with the Companies Act 2006. They are also
responsible for saf¢8uarding the as5¢ts or the charity and henc¢ for taking reasonabl¢ steps for th¢ pr¢vcntion and
detection of fraud and othcr irregularities.
Auditor
Each of the persons who is a trustee at the date ofapproval of this report confirms that;
so far as they arc aware, there is no relevant audit inforn]ation of which the charity's auditor is unaware; and
they have taken all steps that they ought to hav¢ taken as a trustce to make themselves aware of any relevant
audit infornation and to estsblish that the charity's auditor is aware of that inforniation.
The auditor is deemed to have been reappointed in accordance with Section 487 of the Companies Act 2006.
Small company provision
This report has been prepared in accordance with the provisions applicable to companies entitled to the small
compani¢s' exemption.
This report was approved by the board on 18 December 2023 and signed on its behalf by:
J. McGeoivn
Trustee

NEWHILL YOUTH AND COMMUNITY ASSOCIATION
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF
NEWHILL YOUTH AND COMMUNITY ASSOCIATION
FOR THE YEAR ENDED 31 MARCH 2023
Opinion
We have audited the financial statements of Newhill Youth and Community Association (the 'charity') for the
year ended 31 March 2023 which comprise the statement of financial activities (including income and expenditure
account), statement of financial position and th¢ related notes, including a summary of significant accounting
policies. The financial reporting framework that has been applied in their preparation is applicable law and the
United Kingdom Accounting Standards including FRS 102 The Financial Reporting Standard applicable in the
UK and Republic of Ireland (United Kingdom Generally Acrxpted Accounting Practice).
In our opinion the financial statements:
give a true and fair view of the state of the charity's affairs as at 3 E March 2023 and of its incoming resources
and application of resources, including its income and expenditure, for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice;
have been prepared in accordancc with the requirements of the Companies Act 2006.
Basis for opinion
Wc conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable
law. Our rcsponsibilities under those standards are furthcr described in the auditor's responsibilities for the audit
of ihc financial statements scction of our report. We arc independent of the charitable company in accordance
with the ethical requirements that arc relevant to our audit of the financial statements in the UK, including the
FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these
r¥quircments. We belicve that the audit evidcncc w¢ have obtained is suffi¢i¢nt and appropriate to provide a basis
for our OPTnion.
Conclusions relating to golng concern
In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of
accountinsj in the preparation of the financial statements is appropriate.
The operation and stsff of the company were transferred to the Youth Project of Upper Springfield Development
Trust Ltd in October 2022 along with the company's leasehold propety, fixtures and equipment and cash. The
trustees are in the process of winding down the affairs of the company and completing the transfer of any
remaining assets with a view to having Newhill Youth and Community Association dissolved by March 2024.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the
relevant sections of this report.

NEWHILL YOUTH AND COMNtUNITY ASSOCIATION
INDEPENDENT AUDITOR'S RFPORT TO THE MEMBERS OF
NEWHILL YOUTH AND COMMUNITY ASSOCIATION
FOR THE YEAR ENDED 31 MARCH 2023
Otber information
The other information comprises the infornlation included in the annual report, other than the financial statements
and our auditor's report thereon. The trustees are responsible for the other inforniation. Our opinion on th¢
financial stat¢m¢nts does not cover the other infonnation and, cxcept to the extent otherwise explicitly stated in
our report, we do not express any fonn of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibilily is to read th¢ oth¢r information and, in
doing so, Consider whether the othcr 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 misstatemcnts, we arc requircd to dctemiine whether there is a material
misstatement in the financial sLqtemcnts or a material misstatement of the other inforniation. If, based on the work
we have perfonned, we conclude that there is a material misstatement of this other inforn]ation, we 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 the audit:
the inforniation given in the trust¢¢s' report for the financial year for which the financial statements are
prepared is consistent with the financial slatcments; and
the trustees, report has becn prepared in accordance with applicable l¢gal requirements.
Matters on whleh we are required to report by exception
In the light of th¢ knowledge and understanding of the CoMp￿Y and its environment obtained in the course of the
audit, we have not id¢ntified material misstalem¢nts in the trustces, report.
We have nothing to report in resppxt of the following matters in relation to which the Companies Act 2006 requires
us to report to you if, in our opinion:
adequate accounting records have not been kept, or returns adequate for our audit have not been received from
branches not visited by us. or
the financial statements are not in agreement with the accounting records and returns; or
certain disclosures of trustees, remuneration specified by law are not made; or
we have not received all the inforniation and explanations we require for our audit. or
the trustees were not entitled to prepare the financial statements in accordance with the small companies,
regime and take advantage of the small companies, exemption in preparing the trustees. report and from the
requirement to prepare a strategic report.
10

NEWHILL YOUTH AND COMMUNITY ASSOCIATION
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF
NEWHILL YOUTH AND COM￿￿uNITy ASSOCIATION
FOR THE YEAR ENDED 31 MARCH 2023
Responsibilitie8 of trustees
As explained more fully in the trustees, responsibilities statement, the trustees, (who are also the directors for the
purposes of company law), are responsible for the preparation of the financial statements and for being satisfied
that they give a true and fair vicw, and for such internal control as the trustees detcmiine is necessary to enabl¢
the preparation of financial statements that are free from material misststemenL whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability
to continue as a going concern, disclosing, as applicable, matters related to going concem and using the going
concem basis of accounting unless the trustecs either intend to liquidate the Charitable company or to ce&se
operations, or have no realistic alternative but to do so.
Auditor's responsibilitics for the audlt of the finAn¢ial $tatcments
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from
malerial misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion.
Reasonable assurance is a high levcl of assurance, but is not a guarantee that an audit conducted in accordance
with ISAS (UK) will always det¢ct a material misstalement when it exists. Misstatements can arise from fraud or
error and are considcred material if, individually or in the aggrcgate, they could re&8onably be expected to
influcnce the economic decisions of users taken on the basis of these financial statements.
Extent to which thc 8udit was capable of detectlng irrcgu12rities, includlng fraud
Irregularities. including fraud, are instances of non-compliance with laws and rcgulations. We identified and
asse.Is￿ the risks of material misstatement of the financial statements from irregularities. whether due to fraud or
e￿Or, and discussed these belween our audit tcam members. We then designcd and perfonned audit procedurcs
responsive to those risks. including obtaining audit evidence sufficient and appropriate to provide a basis for our
opinion.
We obtained an understanding of the legal and regulatory frameworks within which the charity operates, focusing
on those laws and regulations that have a direct effect on the detennination of material amounts and disclosures
in the financial statements. We assessed the required Compliance with these laws and regulations as part of our
audit procedures on the related financial statement items. In addition, we considered provisions of other laws
and regulations that do not have a direct effect on the financial statements but compliance with which might be
fundamental to the charity's ability to operate or to avoid a material penalty. We also considered the opportunities
and incentives that may exist within the charity for fraud.
In idcntifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-
compliance with laws and regulations, we Considered the following:
the nature of the industry and sector, control environment and business perforniance including the design of
the remuneration policies, bonus levels and performance targets;
results of our enquiries of management about their own identification and assessment of the risks of
irregularities.
11

NEWHILL YOUTH AND COMMUNITY ASSOCIATION
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF
NEWHILL YOUTH AND cOm￿[UNITy ASSOCIATION
FOR THE YEAR ENDED 31 MARCH 2023
any matters we identified having obtained and reviewed documentation of th¢ir policies and procedures
relating to:
identifying, evaluating and complying with laws and regulations and whether management were aware of
any instances of non-compliance;
detecting and responding to the risks of fraud and whethcr management have knowledge of any actual,
suspected or alleged fraud.
the internal controls estsblished to mitigate risks of fraud or non-cornpliance with laws and regulations;
the matters discussed among the audit engagement leam including significant component audit teams and
relevant internal specialists, including and valuations specialists re8arding how and where fraud might
occur in the financial siatcmLnts and any potential indicators of fraud.
Owing to the inherent limitations of an audit. there is an unavoidable risk that we may not have detected some
material misstatements in the financial statements, even though we have properly planned and perforn]ed our
audit in accordanc¢ with auditing standards. In addition, as with any audit, there remained a higher risk of non-
delection of irregularitics, as these may involvc collusion, forgery, intentional omissions, misrcpresentations, or
the override of internal controls, We are not responsible for preventing non-compliance and cannot be expected
to detect non-compliance with all laws and regulations.
A further description of our responsibilities for the audil of the financial statements is located on the Financial
Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. I'his description forms part of our
Auditor's Report.
Wc also ¢ommuni¢ated relevant identified laws and regulations and potential fraud risks to all audit team members
and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.
As part of audit in accordance with ISAS (UK), we exercise professional judgment and maintain professional
scepticism throughout the audit. We also:
Identify and asses5 the risks of material misstatement of the financial statements, whether due to fraud or
error, design and p¢rform audit procedures responsive to those risks, and obtain audit evidence that is
sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement
resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery,
intentional omissions, misrepresentations, or the override of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are
appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the
Internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimales and
related disclosures made by the trustees.
We communicate with those charged with govemance regarding, among other matters, the planned scope and
timing of the audit and significant audit findings, including any significant deficiencies in internal control that we
identify during our audit.
12

NEWHILL YOUTH AND COMMUNITY ASSOCIATION
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF
NEWHILL YOUTH AND COMMUNITY ASSOCIATION
FOR THE YEAR ENDED 31 MARCH 2023
Use of our report
This rcport is made solely to the charity's members, as a body, in accordance with Chapter 3 of Part 16 of the
Companies Act 2006. Our audit work has been undertaken so Ihat we might state to the charity's members those
matters we are required to sate to them in an auditor's report and for no other purpose. To the fullest extent
pennitted by law, we do not accept or assume responsibility to anyone other ihan the charity and the charity's
members as a body, for our audit work, for this report, or for the opinions we have fornied.
Hughes House
617 Church Stroet
Banbridge
BT32 4AA
18 December 2023
Paul Cummings (Se
'or Statutory Auditor)
For and on behalf of Jones Peters
Chartered Accountantg and
Statutory Audltors
13

NEWHILL YOUTH AND Com￿UNITy ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES
NCLUDING INCOME AND EXPENDITURE ACCOUN
OR THE YEAR ENDED 3
MARCH 2023
Unrestricted
Funds
Restricted
Funds
31 Morch
2023
31 March
2022
Note
Income
Incomefrom charitable activilies..
Grants and contracts
1,200
67,300
68,500
91,328
Activities for generating funds
3b
Total Income
22
Expenditure
Expenditure on charitable activities
12,639
78,242
90,881
97,059
Transfer to USDT Ltd
67
Total expenditure
Net iDcomel(expendlture) and net
movement in funds for the year
(357,313)
(10,942)
(368,255)
18,269
Reconciliation of fund$
Total funds brought forward
Total funds carried forward
The statement of financial activities includes all gains and losses recognised in the year. All income and
expenditure derives from continuing activities.
The notes on pages 16 to 22 forni an integral part of these financial statements
14

NEWHILL YOUTH AND COMMUNITY ASSOCIATION
STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2023
Note
3110312023
3110312022
Fixed assets
Tangible assets
337,912
Cu rrent assets
Debtors
Cash at bank and in hand
1,159
984
2,143
2,802
41,047
Credltors..
Amounts falling due within one year
10
Net current asscts
Nct assetsl(li4bilitles)
The funds of tlie charlty:
Unrestrietcd funds
12
2,143
359,456
R￿trIcted fund$
12
Total eharity funds
The financial statements have been prepared in accordance with the provisions applicable to companies subject
to the Small companies regime.
The financial statements were approved and authorised for issue by the board of trustees on 18 December 2023
and signed on its behalf by:"
imons- Tru
ee
. McGeown- Trustee
Registration Number: N1641494
The notes on pages 16 to 22 form an integral part of these financial statements
15

NEWHILL YOUTH AND COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
ACCOUNTINC POLICIES
The principal accounting policies are summarised below. The accounting policies have been applied
consistently thr()ughout the year and the preccding year.
Basis of pr¢paration
Th¢ financial statements have been prepared in accordancc with Accounting and Reporting by
Charities.. Statemcnt of Recommended Practlce applicable to charities preparing their accounts in
accordonce 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 valu¢ unless oth¢rwise
stated in relevant accounting policy notes.
1.2 Golng Concern
The operations and staff of the company were transferred to the youth project of Upper Springfield
DevelopmLnt Trust Ltd with effect from 27 October 2022. The trustees intend to wind down the
affairs and complcte the transfer of th¢ asscts of th¢ company over the coming months with a view
to having the company dissolved by Mar¢h 2024.
1.3 Public benefit entity
Newhill Youth and Community Association meets the d¢finition of a public benefit entity under
FRS 102.
1.4 Incoming resources
Income is rccognised when the charity has entitlement to the funds, any perfonnance conditions
allachcd to thc item(s) of income have bcen mct, it is probable that the income will be r¢¢cived
and the amount can be measured reliably.
Income from government and other grants, whether 'capilal' grants or 'revenu¢' grants, is
recognised when the charity has entitlement to the funds, any perfonnance conditions attached to
th¢ grants have been met, it is probable that the income will be received and the amount can be
mcasur¢d 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 meL 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. Expenditure 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 that can be allocated directly to such
activities and those costs of an indirect nature necessary to support them.
16

NEWHILL YOUTH AND COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
1.6 Fund accounting
(i)
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.
(li) 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 fund.
1.7 Tangible fixed assets
Tangiblc fixed assets are stated at cost less accumulated depreciation and accumulated impairnient.
Cost includcs cost dircctly attributable to making ass¢t capable of operating as intended.
1.8 Depreelation
Tangible fixed assets are ststed at cost less accumulated depreciation. Depreciation is provided at
rates calculated to writ¢ off the cost less residual value of each asset on a straight line basis over
its expected useful life as follows..
Long leasehold propety
Fixtures, fittings and equipment
2% Straight line
200/0 Straight line per annum
Finanelal instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instrumenls.
Basic financial instruments are initially recognised at transaction value and
subsequently measured at their settlement value with the exception of bank loans which are
subsequcntly measured at amortised cost using the effective interest method.
1.10 Defined eontribulion pension schemes
The pension costs charged in the financial statements represent the contribution payable by the
company during th¢ 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.
17

NEWHILL YOUTH AND COMMUIYITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
INCOME
Unrestricted Restricted 3110312023 3110312022
Funds
Funds
Totsl Funds Total Funds
38. Income from grants and contracts
Belfast City Council
Education Authority
ralls Community Council
Aston Community Trust
Belfast Health & Social Car¢ Trust
Alex Fery Foundation
500
66,800
500
66,800
400
800
8,590
65,725
400
800
7,013
Income from charitable activities wa5 £68,500 (2022: £91,328) of which £67,300 was restrieted
(2022: £91,328) and £1,200 was unrestricted (2022: £NII.).
Unrcstrieted R￿trIcted 3110312023 3110312022
Funds
Funds
Total Funds Total Funds
3b. Income from actlvltEes for generating funds
Generated funds
Income from charitable activities all of which was unrestricled in both years was £21,721 (2022.. £24,000).
EXPENDITURE
Unrestrictcd Restricted 3110312023 3110312022
Funds
Funds
Total Funds Total Funds
Generated funds
Staff costs
Premises Costs
Depreciation
Other operating costs
Programme delivery
Governance costs (see note 6)
35,778
10,406
6,956
278
20,624
35,778
19,597
6,956
278
24,072
39,428
16,652
10,610
364
26,089
9,191
3,448
Expenditure on generated funds was £90,881 (2022: £97,059) of which £78,242 (2022: £86,811) was
restricted and £12,639 (2022: £10,248) was unrestricted.
18

NFWHILL YOUTH AND COMMUNITY ASSOCIATION
NOTES TO THE FtNANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
TRANSFER OF UPPER SPRINGFIELD DEVELOPMENT TRUST LTD
The operations and staff of the company were transferred to the youth project of Upper Springfield
Devclopment Trust Ltd with effect from 27 October 2022. The following assets were transferred for nil
consideration and have been treated as a donation.
Leasehold property (NB V)
Fixtures and Equipment (NBV)
Cash
317,429
6,166
ANALYSIS OF GOVERNANCE COSTS
Unrestrieted Restrieted 31103r2023 3110312022
Funds
Funds
Total Fundy Total Funds
Accountancy/AuditlConsultancy
NET INCOMINGIOUTCOING RESOURCES FOR THE YEAR 3110312023
This is stated after charging:
Depreciation
Audil fee
3110312022
ANALYSIS OF STAFF COSTS AND TRUSTEE REMUNERATION
3110312023
3110312022
Salaries and wages
No employee had employee benefits in excess of £30,000 (2022: Nil).
During the year, no trustee received any remuneration (2022: Nil) or any benefits in kind (2022: Nil),
STAFF NUMBERS
The average number of full-time equivalent employees during the year were as follows:_
3110312023
31103r2022
Number of staff
19

IYEWHILL YOUTH AND COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Fixturcs,
rittings and
equipment
Long
Leasehold
Property
10. TANGIBLE FIXED ASSETS
Total
At l April 2022
Group transfer
At 31 March 2023
27,629
327,809
32
809
355,438
Dcpreciation
At l April 2022
Charged during the year
Group transfer
At 31 March 2023
10,970
3,132
6,556
3,824
17,526
6,956
Net book value
At 31 March 2023
At 31 March 2022
Thc bases by which dcpreciation is calculated are stated in note 1.8.
The lon8 leasehold property and fixtures and equipment were transferred to Upper Springfield Development
Trust Ltd on 27 October 2022 at net book value.
CREDITORS: Amounts falling due Jyithin one year
3110312023
3110312022
Accruals
Deferred credit government grants
1,200
12. FINANCIAL INSTRUMENTS
All financial instruments havc been recorded at their transaclion price. No other financial instrumcnts cxist
other than those included in debtors and creditors.
20

NEWHILL YOUTH AFtD COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
13. ANALYSIS OF CHARITABLE FUNDS
Analysis of movements in restricted and unrestricted funds.
Balance at
Incoming
l April 2022 Resources
Outgoing
Resouree$
Transfer to
USDT
Balance at
31 Mareh 2023
Total Unrestricted Funds
Total Restricted Funds
Total Funds
359,456
22,921
12,639
367,595
2,143
Analysls of movements In restricted and unrestricted funds - previous year.
Balance at
Incoming
l April 2021 Resources
OutgoiDg
Resources
Balance at
31 March 2022
Total Unrestricted Funds
Total Restrict¢d Funds
Total Funds
345,704
24,000
10,248
359,456
14. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Analysis of net assets
Unrestricted
Funds
Re.8tricted
Funds
31 March 2023
Total
Fixed assets
Net assets/(liabilities)
AnAIy8is of net assets- previous year
Unrestricted
Funds
Restricted
Funds
31 March 2022
Total
Fixed assets
Net assetsl(liabilities)
330,551
7,361
337,912
21

NEWHILL YOUTH IIND COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATETrtENTS
FOR THE YEAR ENDED 31 MARCH 2023
15. CORPORATION TAXATION
The charity is exempt from tax on incorne and gains falling wiihin section 505 of the Taxes Act 1988 or
section 252 of th¢ T￿atIOn of Chargeable Gains Act 1992 to the extent that these are applied to its
¢haritabl¢ objects.
16. CONTINGENT LIABILITY
A contingent liability exists to repay grants received should certain conditions not be fulfillcd by the
charitable company. In the opinion of the trustees th¢ terms of the Ictters of offer have been, or will be,
complied with and no liability is expected to oecur.
19. RELATED PARTY TRANSACTIONS
Upper Springfield Dcvclopment Trust Ltd (USDT) is the sol¢ membor and is considered to b¢ parent
company of Newhill Youth and Community AssociatlOD.
On 27 October 2023 N¢whill Youth and Community Association transf¢rred its property at 261 WhiteroGk
Road Belfast, B T12 7FX to Upper Springfield Development Trust Ltd at net book value £317,429 along
with fixtures and fittings that hav¢ a nct book value of £6,166. At 31 March 2023 Newhill Youth and
Community Association transferred £44,000 to Upper Springficld Dcv¢lopm¢nt Trust Ltd.
The trustees intend to wind down the affairs of Newhill Youth and Community Association and complete
th¢ transfcr of the assets over the coming months with a view to having the company dissolved by March
2024.
22