Charlty reglstratlon number NIC107573 Sgagoe Youlh Group Annual Report and Unaudlted Flnanclal Statement8 For The Year 31 March 2023
Seagoe Youth Group Contents Page Legal and Admlnistrative Informatlon Trustees, report Independent examlner's report Statement of financial activities Balance sheet Notes to Ihe financial statements 9-13
Seagoe Youth Group Legal and Adminlstrative Informatlon Trustses Rev T Cadden (Chairperson) J Thornbury (Vice Chairperson) N Turkington (Treasurer) G Kennedy (Dec'd) J Ruddell P Mccusker A Walsh Rev S Mole8 P Rlchardson N Johnston Charlty numbor NIC107573 Prlnclpal Address 145 Princess Way Portadown Co. Armagh BT63 SEL Independent Examlner A Abraham 3 Appleton Lodge Portadown Armagh BT63 5ZG Bankers Ulster Bank Llmlled 20 High Street Portadown Co. Armagh BT62 1HU Page 1
Seagoe Youth Group Trustees, report For The Year Ended 31 March 2023 The trustees present their annual report and the unaudited financial statements for the year ended 31 March 2023. The financial statements have been prepared in accordance with the accounting policies set OLJt in note 1 to the financial statements and Comply with the charity's Constitution, the Charities Act 2008 and "Accounting and Reporting by Charities.. Statement of Recommended Practi applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)" {effective 1 January 2019). ObJ•ctivos and actlvltlos The objects of Seagoe Youth Group is to promote citizenship and the all-round education of its members through the splritual. social. moral and physical development of young people from the greater Portadown area and any other area specified by the Education Authority. The purpose is to equip young people up to age of 25 with a set of core values. skills and dispositions that wlll enable them to.. feel valued as individuals and as contributing members of social groups in respectful, safe and purposeful environments., have an understanding and respect for difference in terms of gender, sexuality, ethniclty and rellglon, and be advocate5 of tolerance, respect and mutual understanding,. see their place as valued members of the greater Portadown community, and be responsive to societal issue5 such as conservation, safe environments, abuse and addiction,, and enhance their personal leadership qualities to take up roles of responsibility within the charity or in any other setting. To the above ends, the charity was establlshed to disseminate, through a team of paid and voluntary youth workers, good practice and positive role modelling appropriate to the needs and interests of young people, and to engage with them In a range of specific programmes and individual and group interaction5 within the setting of Seagoe Youth Group and beyond, including residential experiences. Activities are delivered through open access youth clubs six nights a week. Drop-in sessions are largeted at three different age groups 8-11, 12-14 and 14+ years. Targeted programmes have been designed and delivered by the youth work team in the THINK model aimed at dellvering on six youth work outcomes.. improved relationships with others., enhanced personal ¢apabllities', development of thinking. life and work skills., improved health and wellbeing, active citizenship., and increased participation. After school homework support is available each Monday for primary school age children. The trustees have paid due regard lo guidance issued by the Chanty Commission for Northern Ireland in deciding what activities the Gharity should undertake. Page 2
Seago8 Youth Group Trustees, report For The Year Ended 31 March 2023 Achievements and p8rformance During the year to 31 March 2023 the charity received funding from the Education Authority {EA}, Armagh, Banbridge and other donations. Membership for the 2022123 year was 473 young people, 8-111168}, 12-14 (142), 14+1163). As an approved Duke of Edinburgh'5 Award Centre, those aged 14-25 years, can improve skills and increase life chances and employability through the biggest youth award scheme in the U K. I n 2022123 there were 63 active participants aiming for accreditation al Bronze, Silver and Gold. Local council funding helped to deliver a clrcus school programme, providing learning opportunities and personal development for 22 young people. A three-week summer programme for juniors age 8-11 had 128 participants experiencing healthy sporting activities. crafts. games and educational Irips. The ambassadors group volunteered lo give a helping hand and the Exodus team joined in as part of a local youth ministry training initiative. An Education Authority grant and some local fundraising enabled 16 young people aged 16-18 to complete a Global Service Learning programme in August 2022 which included volunteering alongside charities tackling homelessness in Washington DC, USA. This wa5 an opportunity of a lifetime for some and ha5 been a really positive cultural educational experience for all involved. The Education Authority Local Area Based Funding Specification for April 2021 March 2023 outlines programme of targeted youth work to be delivered at Seagoe Youth Group. We have taken the six areas of action and designed our own youth work delivery model to unify the themes of targeted work set out in the EA Local Area Based Funding Specification. Seagoe Youth Group has developed the 'THINK' Programme lo unify the variety of youth work delivery outlined in the EA Specification. Members in each age range gained 'THINK' Programme certification for participation in groupwork. Quarterly moderation reports by the EA have recognized our work as 'outstanding' in all areas this year including outcomes for leamers, quality of provision and leadership and management, "The strategic vision of Seagoe has provided a focused and enthusiastic team who have undoubtedly placed the needs of children and young people at the heart of the provision. The caliber of programmes on offer provided a coherent response to the needs prevalent within the catchment area of Seagoe (Killicomainel, encompassing an outcomes framework focused on building Ihe individual - enhancing personal capabilities through the medium of Duke of Edinburgh, providing drop-in's session to ensure safety and stability while implementing the Think" model that supports members through targeted programmes based on need. All safeguarding processes are visible on the wall when entering the centre, and appropriate procedures are in place when dealing with Child protedion concerns. All staff have been suitably vetted and volunteers have completed the recommended introduction to child protection. Staff are aware of the safeguarding processes as this was di5Gussed d urin9 the moderation and appropriate risk assessments are in place and filed accordingly. Seagoe has implemented a robust reporting system that gathers evidence to complete not only Ihe target monitor but to report on the developmental pathway for young people engaged within the provision. Critical self- reflection was discussed and evidence of this could be seen in nightly reportslde-brief with slaff and volunteers. All evidence asked for in the visit notification was readily available during the moderation. Page 3
Seagoe Youth Group Trustees. report For The Year Ended 31 March 2023 The flavor of conversations with stafflvolunteers and young people put into perspective what a valuable and much needed service Seagoe is providing within a community that has endured a long legacy and history of trauma. Seagoe is providing a safe space for children and young people to flourish and this was extremely visible on the night., Paddy Hughes - Education Authority. Financial review The charity's financial results are set out in detail on pages 5-12. There is an overall surplus of funds for the year of £11,111. Accumulated funds consist of unrestricted funds of £63,625 and restricted funds of £5,594. Reserves Seagoe Youth Group has set a reserves policy which requires: reserves to be maintained at a level of £50,000, which ensures that the core activity of the Seagoe Youth Group could continue during a period of unforeseen difficulty. and a proportion of these reserves have to be maintained in a readily realisable form. The calculation of the r8quired level of resenles is an integral part of the planning, budget and forecast cycle of the charity. It tak8s into account: risks associated with the stream of income and expenditure being different from that budgeted; planned activity level. and commitment to beneficiaries Slructure, governance and management. The charity is governed by its constitution dated 29 September 2020. The charity was registered with the Charity Commisslon for Northern Ireland on 19 March 2021 The trustees who served during the year and up to date of signature of the financlal statements were as follows: Rev T Cadden {Chairpersonl J Thornbury (Vice Chairper50n} N Turkington {Trea5urerl G Kennedy J Ruddell P Mccusker A Walsh Rev S Moles P Richardson N Johnson Our long standing trustee Mr George Kennedy passed away on l July 2023. Page 4
Seagoa Youth Group Trustees, report For The Year Ended 31 March 2023 Organlsatlon The day to day running ofthe charity is overseen by the trustees. Principal address.. 145 Princess Way Portadown Co Amiagh 8T63 SEL Charity Registration No.. NIC 107573 This report was approved by the board of trustees. Rev T Cadden Chalrperson Date Page 5
Seagoe Youth Group Independent Examiner's report To The Trustees of Seagoe Youth Group As the charitys trustess you are responsible lor the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is my responsibility to: examine the accounts under section 65 of the Charsties Act 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 Act. and state whether particular matters have come to my attention. Basis of independent examiner's report I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carri8d out in accordance with the procedures laid down in the general directions given by the Charity Commission for Northern Ireland under section 65(9){b) of the Charities Act. My examination Included a review of the accounting records kept by the charity and a comparision of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounls and seeking explanations from you as charity trustees conc8rning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe: that accounting records were not kept in accordance with section 63 of the Charities Act that the accounts do not accord with those accounting records that the accounts do not comply with the accounting requirements of the Charities Act that there is further information needed for a proper understanding of the accounts to be reached. Indopendenl examiner's statement I have completed my examination and have no concerns in respect of the matters (l ) to (4) listed above and, in connection with following the directions given by the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. Aaron Abraham. ACCA 3 Appleton Lodge Portadown Co Armagh BT63 5ZG 30 kn IcrLg Page 6
SEAGOE YOUTH GROUP STATEMENT OF FINANaALACTIVITIE5 INCLUDING INCOMEAND EXPENDITUREACCOUNT YEAR ENDEO 31 MARCH 2023 Unrestrirted Funds 2023 Restrlrted Funds 2023 Unrestrlcted Funds 2022 Re5trlcted Funds 2022 Total 2023 Total 2022 ¢ome From Donations and legaeies Charitsble actlvlties Other tradlng actlvltes 3000 1.552 14,714 3,000 165,895 18,180 4,250 450 14,839 4,250 212,008 16,014 164,343 3,466 211,558 1,175 Total Incomo 19,266 167,809 187,075 19,539 212,733 232.272 Ex endture o Charltable actlvltes 12634 163330 175,964 6841 224054 230,895 12,634 163,330 175,964 6,841 224,054 230,895 Net Income/{exp¢ndlturel for the yearl Net movement un fund$ 6,632 4,479 ii,iii 12,698 -11,321 1,377 Fund Balance5 at l Aprll 2022 56993 1115 58,108 44295 12436 56,731 Fund Balances at 31 March 2023 63,625 5,594 69,219 56,993 1,115 58,108 Page 7
SEAGOE YOUTH GROUP BALANCE SHEET AS AT 31 MARCH 2023 2023 2022 Notes Current Assets Cash at bank and In hand 69,219 58,108 Net current assets 69,219 58,108 Income funds Restrirted funds Unrestrlrted funds 5,595 63,624 1,115 56,993 69,219 58,108 The flnanclal statements were approved by the trustees on Rev T Cadden Trustee Page 8
Seagoe Youth Group Notes to the financial statements For the year ended 31 March 2023 1. Accounting policies Charity information Seagoe Youth Group is a charity, registered with the Charity Commission in Northern Ireland. Its principal address is 145 Princess Way, Portadown, Craigavon, Co Armagh, BT63 SEL, 1.1 Accounting conventlon The financial slatements have bean prepared in accordance with the charity's constitution, the Charities Act 2008, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" I'FRS 102°) and the Charities SORP "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 Flepublic of Ireland (FRS 102). (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage ol the provisions in the SORP for charities not to prepare a Statement of Cash Flows. The financial statements have departed from the Charities {Accounts and Reports) Regulations 2008 only to the extent required to provide a true and lair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The financial statements are prepared in slerling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have be8n prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Going concern At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial slat8ments. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the truste8s in furtherance of their charitable objectiV8S. Restricted funds ar8 subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specrfic conditions by donors that Ihe capital must be maintained by the charity. 1.4 Income Income is recognised when the charity is legally entitled to it after any performance conditions have been met. the amounts can be measured reliably, and it is probable that income will be received. Page 9
Seagoe Youlh Group Noles to the financial ststements For the year ended 31 March 2023 Cash donations are recognised on receipt. Other donations are recognised once the charity has been notrfied of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations rec8ived under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on r8ceipt or otherwise if the charity has been notifi8d of an impending distribution, the amount is known, and receipt is expected. If the amount is not known. the legacy is treated as a contingent asset. 1.5 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic ben8fits will be required in settlement, and the amount of Ihe obligation can be measured reliably. Expenditure is classifi8d by activity. The costs of each activity are made up of the total of direct costs and shared costs. including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which conlribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use. 1.6 Cash and cash equivalent8 Cash and cash 8quivalents include cash in hand, deposits held at call with banks, other short-tem liquid investments with original maturities of three months or less, and bank overdrafls. Bank overdrafts are shown within borrowings in current liabilities. Baslc flnancial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilitles, including credttors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classrfied as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost. using the effectlV8 interest rate rnethod. Trade creditors are obligalions to pay for goods or services Ihat have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trad8 creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effectlV8 interest method. Derecognition of f inancial liabilities Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. Page 10
SEAGOE YOUTH GROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 2 Donatlons and Legacies Unrestrirted funds Unrestricted funds 2023 2022 Donations and gifts 3000 4250 3 Charltable Actlvltles 2023 2022 Education authorlty grant Educatlon authority property expenses grant Other grants 159566 277 6052 156845 53848 1315 165895 212008 Analysls by fund Unrestricted funds Restricted funds 1552 164343 450 211558 165895 212008 Page 11
SEAGOE YOUTH GROUP NOTES TO ThE FINANaAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 4 Other Incorne Unrestrlcted Funds 2023 Restritted Funds 2023 Unrestrlrted Funds 2022 Restrlcted Funds 2022 Totsl 2023 Total Rent Sundrylncome EmploymentAllowance 3412 1169 3412 4635 5000 2584 1471 4000 2584 2646 4000 3466 1175 Admlsslons and tuckshop 5133 5133 6784 6784 Other actlvltles 14714 3466 18180 14839 1175 16014 5 Ch4rltwble artlvltles 2023 2022 Staff costs Property expenses Group actlvlty expenses Heat and118ht Telephone Insurance Water rates Other expenses Repalrs. renewals and equlpment Bank fees Donations Grant repayments 85201 277 52056 83292 53848 20972 1464 14321 1500 24139 138998 198072 sha of support ¢osts Isee note 61 Share of govemance costs (see note 61 35594 1374 30495 2328 175966 230895 Anjlysls by fund Unrestrlrted funds Restricted fund5 12634 163330 6841 224054 175964 230895 Page 12
SEAfjOE YOIJTH GROUP NOTES TOTHE FINANaAL STATEMENTS FOR ThEYEAR ENDED 31 MARCFI 2023 6SupportC<)S Suppon Costs 2023 Governance Costs 2024 Support Costs 2021 Governance Cosis 2022 Total 2023 Totsl 2022 Staff Costs Repalrs, renewals and equlpment Heat and118ht Telephone Insurance Water Rate5 Offlce expenses Bank Fees 12164 2271 6025 1581 1927 360 11008 258 12164 2271 6025 1581 1927 360 11008 258 17380 4508 3480 1362 1654 333 Isio 268 173) 4508 1362 1654 io 268 Accountsncy 1374 1374 2328 2328 3559 1374 36968 30495 2328 32823 Analysed between Charltable actlvltlas 35S94 1374 36968 30495 2328 32823 7 Tru5t¢•J None ol the trustes lorany persons connected wilh thernl recelved any remvneratlon or benellts from the charlty durln8the year. 8. Ernploy••5 Thè avera8e monthly nufflber ¢f employees durin8 the year was.. 20ZJ Number NuTr4Jer il 12 Employment costs 2023 Wo8e5 and salarte5 97365 l¢J)672 Page 13
SEA60EYOUTH GROUP NOTESTOTHE FINANaALSTATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 9Analysls of net a55ets between funds Unrestrlcted Fund5 2023 Restrlcted FuDds 2023 Unrestrlcted Funds 2022 Restrlrted Fuftds 2022 Total Totsl 2022 Fund balances at 31 Marth 2023 a represented by.. Current assetsllllabllltlesl 63624 5595 69219 56993 iiis S8108 S595 69219 56993 1115 58108 Restrkted fvnds bolance represents rnonles recelved In repsect of on8oln8 proyams and projects. 10 Rol•tsd p•ny tran5actlonJ There were no dlsclosable related party trènsactic>ns durln8 the year12022. nonè). Page 13