OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-03-31-accounts

Charity Number: 108797

Saint Malachy‘s Youth Centre Annual Report and Unaudited Financial Statements for the financial year ended 31 March 2025

DNTCA Limited Chartered Accountants and Statutory Auditor Ormeau House $1-97 Ormeau Road Belfast BT7 1SH

~” ‘Saint Malachy‘s Youth Centre CONTENTS

Page
Trustees’ and Other Information 3
Trustees: Report 4-5
StatementofTrustees’ Responsibilities 6
.
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9
Notes to the Financial Statements 10-15
SupplementaryInformationrelatingtotheFinancialStatements 17

Oe

Saint Malachy‘s Youth Centre TRUSTEES‘ AND OTHER INFORMATION

Trustees

Chairperson

Company Secretary

Charity Number in Northern freland

Principal Address

Independent Examiner

Shirley Ferguson Catherine Maguire Fr Thomas McGlynn Ana Peter

John McLaughlin

Kathleen Sturgeon

108797

20 Lower Stanfield Street Belfast Antrim BT7 2HB United Kingdom

DNTCA Limited

Chartered Accountants and Statutory Auditor Ormeau House

91-97 Ormeau Road Belfast BT7 1SH

Principal Bankers

AIB Bank

University Road Belfast Antrim BT7 1ND United Kingdom

3

.

Saint Malachy‘s Youth Centre TRUSTEES’ REPORT

for the financial year ended 31 March 2025

The trustees present their Trustees’ Report and the unaudited financial statements for the financial year ended 31 March 2025,

The financial statements are prepared in accordance with the Charities Act (Northern Ireland) 2008, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland” and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of freland (FRS 102).

The Trustees’ Report contains the information required to be provided in the Trustees’ Annual Report under the Statement of Recommended Practice (SORP) guidelines. The trustees of the charity are also charity trustees for the purpose of charity law and under the charity's constitution are known as members of the board of trustees.

In this report the trustees of Saint Malachy's Youth Centre present a summary of its purpose, governance, activities, achievements and finances for the financial year 31 March 2025.

Mission, Objectives and Strategy

Mission Statement

The group is established for the advancement and personal, social, educational, emotional, spiritual, physical and mental development of all children and young people, without distinction of gender, sexual orientation, ethnicity, political or religious opinion, particularly within the below detailed area of benefit and generally within the geographical area of the Diocese of Down and Connor, with the object of enriching their lives in a safe and appropriate environment.

To encourage young people to take active and responsible participation in the life of the faith community and society, including but not exclusively through affiliation with and participation in the programme of the Down and Connor Youth Commission.

Strategy

In Pursuing it's objectives, the group will have regard to its Basis and Values, those being;

Basis

i. The Group derives its inspiration and values from the Christian faith and the Roman Catholic religion ii, These values, enriched and shared by many people of other faiths or none, provide the basis of our work with children and young people, their families and communities

Values

i. Respecting the unique worth of every person

ii. Encouraging people to fulfil their potential

iil. Working with hope, integrity, hospitality, inclusiveness, justice and forgiveness

iv. Exercising responsible stewardship.

Structure, Governance and Management

Structure

The centre is governed by its constitution. The trustees have taken regard to guidance issued by the Charity Commission for Northern Ireland on the public benefit in carrying out their statutory duties.

Governance

Membership of our Centre shall be open to all children and young people between the ages of four and twenty four years, without distinction of gender, sexual orientation, ethnicity, political or religious opinion, living within the area of benefit, having been accepted by the management committee and who subscribe to the objects, basis and values of the group, who agree to abide by its constitution and rules of the group and who pay such fees as determined by the management committee.

4

Saint Malachy‘s Youth Centre TRUSTEES’ REPORT

for the financial year ended 31 March 2025

Recruitment, appointment and training of Trustees

:

The trustees of the charity retire at the Annual General Meeting and are eligible for appointment for the incoming year fo hold office until the next Annual General Meeting. New trustees undertake an induction programme covering governance, safeguarding, financial responsibilities and their statutory duties under charity law.

Public Benefit Statement

The trustees have had due regard to the Charity Commission for Northern Ireland's guidance on public benefit and are satisfied that all activities undertaken during the year provide identifiable public benefit through the advancement of young people’s personal, social, emotional and educational development.

Review of Achievements and Performance

During the year, the Centre delivered youth outreach, sports programmes, holiday schemes, mentoring, wellbeing initiatives and community engagement projects. More than 350 young people benefited from our services. Feedback indicates increased wellbeing, resilience and community participation outcomes.

Financial Review

The results for the financial year are set out on page and additional notes are provided showing income and expenditure in greater detail. The charity continues to adopt the accounting framework applicable in the UK under "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 (FRS102)"

Results and Dividends

At the end of the financial year the charity has assets of £90,284 (2024 - £70,935) and liabilities of £2,177 (2024 - £12,622). The net assets of the charity have increased by £29,794,

Reserves Position and Policy

Reserves Policy

The trustees aim to maintain unrestricted reserves equivalent to approximately three months’ operating expenditure (estimated at £35,000). Unrestricted reserves at year-end were £83,493. The higher balance reflects the timing of grant receipts and planned expenditure early in the following financial year.

Principal Risks and Uncertainties

The trustees conduct, on a regular basis, a review of the major risks to which the charity is exposed. This review is updated at least annuaily. Where appropriate, systems or procedures have been established to mitigate the risks the charity faces.

Significant external risks to funding have led to the development of a rolling strategic plan to allow for alternative funding methods for the charity's activities. Internal control risks are minimized by the implementation of comprehensive procedures for authorization of all transactions and project.

Procedures are in place to ensure compliance with health and safety rules for staff, volunteers and visitors. All procedures are periodically reviewed to ensure that they continue to meet the needs of the charity.

Plans for Future Periods

The trustees plan to expand mental health and wellbeing support, increase targeted outreach to vulnerable young people, and secure multi-year grant funding to support long-term sustainability.

Compliance with Sector-Wide Legislation and Standards

The charity engages pro-actively with legislation, standards and codes which are developed for the sector. Saint Malachy‘s Youth Centre subscribes to and is compliant with the following: m The Charities SORP (FRS 102) Approved by the Board of Trustees on 23 i o| / 1 6 and signed on its behalf by:

----- Start of picture text -----
4] pfs fis
é ["]
nMcLaugitin
hairperson
a
----- End of picture text -----

Saint Malachy‘s Youth Centre STATEMENT OF TRUSTEES' RESPONSIBILITIES

for the financial year ended 31 March 2025

The trustees are responsible for preparing the financial statements in accordance with applicable law and regulations.

The law applicable to charities in Northern Ireland requires the trustees to prepare financial statements for each financial year which give a true and fair view of the assets, liabilities and financial position of the charity as at the financial year end date and of the surplus or deficit of the charity and otherwise comply with the Charities Act (Northern Ireland) 2008.

In preparing these financial statements, the trustees are required to:

The trustees confirm that they have complied with the above requirements in preparing the financial statements.

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act (Northern Ireland) 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the Board of Trustees on 23 | O| / LZ b

and signed on its behalf by:

----- Start of picture text -----
4] fey
i, Y a
hn McLaughtin
hairperson
----- End of picture text -----

6

Saint Malachy‘s Youth Centre INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF SAINT MALACHY‘S YOUTH CENTRE

| have examined the financial statements of the charity for the financial year ended 31 March 2025, which comprise the Statement of Financial Activities, the Balance Sheet and the related notes.

This report is made solely to the charity's members, as a body, in accordance with the Charities Act (Northern Ireland) 2008. My work has been undertaken so that | might compile the financial statements that | have been engaged to compile, report to the Board of Trustees that | have done so, and state those matters that | have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by faw, | do not accept or assume responsibility to anyone other than the charity and the charity's members, as a body, for my work, or for this report.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act (Northern Ireland) 2008. The charity's trustees consider that an audit is not required for this financial year under the Charities Act (Northern freland) 2008 and that an independent examination is required.

Basis of independent examiner's report

| have examined your charity financial statements as required under section 65 of the Charities Act and my 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. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view and the report is limited to those matters set out in the statement below.

In connection with my examination, no matter has come to my attention which gives me cause to believe that in, any material respect:

Independent examiner's statement

| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

----- Start of picture text -----
af 4
----- End of picture text -----

----- Start of picture text -----
MrBNTCA M Nangle-—-——LIMITED Va a
----- End of picture text -----

Chartered Accountants and Statutory Auditor Ormeau House 91-87 Ormeau Road Belfast BT7 1SH

Date: 2d/ell2é.

7

.

: Saint Malachy‘s Youth Centre STATEMENT OF FINANCIAL ACTIVITIES

for the financial year ended 31 March 2025

----- Start of picture text -----
|||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |Funds|Funds|Funds|Funds|Funds|Funds| |2025|2025|2025|2024|2024|2024| |Notes|£|£|£|£|£|£| |Income| |Donations|and|legacies|5.1|3,400|-|3,400|6,211|-|6,211| |Charitable|activities| |u|Grants|from governments|§.2|-|145,477|145,477|65|128,699|128,764| |and|other|co-funders| |Other|income|§.3|35,954|-|35,954|20,959|-|20,959| |Total|income|39,354|145,477|184,831|27,235|128,699|165,934| |Expenditure| |Charitable|activities|6.1|2,453|152,584|155,037|10,116|152,150|162,266| |Net|income/(expenditure)|36,901|(7,107)|29,794|17,119|(23,451)|(6,332)| |Transfers|between|funds|(11,721)|11,721|-|(21,863)|21,863|-| |Net movement in funds|25,180|4,614|29,794|(4,744)|(1,688)|(6,332)| |for the|financial|year| |Reconciliation|of funds:| |Total|funds|beginning|of the|15|58,313|-|58,313|63,057|1,588|64,645| |year| |Total funds|at the end|of|83,493|4,614|88,107|§8,313|-|58,313| |the year|

----- End of picture text -----

The Statement of Financial Activities includes all gains and losses recognised in the financial year. All income and expenditure relate to continuing activities.

The notes on pages 10 to 15 form part of the financial statements

8

_ Saint Malachy‘s Youth Centre BALANCE SHEET

as at 31 March 2025

2025 2024
Notes E £
Fixed Assets
intangible assets 10 6,720 7,680
Tangible assets 11 7,506 11,654
44,226 19,334
CurrentAssets
Debtors
Cash at bank and in hand		 12 §,546
70,512		 -
51,601
76,058 51,601
Creditors:Amountsfallingduewithin oneyear 13 (2,177) (12,622)
Net CurrentAssets 73,881 38,979
Total Assets less Current Liabilities 88,107 58,313
Funds
Restricted funds 4,614 -
General fund (unrestricted) 83,493 . 58,313
Totalfunds 16 88,107 58,313

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of ireland", applying Section 1A of that Standard.

Approved by the Board of Trustees and authorised for issue on pay, O | / 2 6 behalf by

and signed on its

----- Start of picture text -----
3ve (3 r 4 - i
n. McLaughfin.
hairperson
----- End of picture text -----

The notes on pages 10 to 15 form part of the financial statements

9

Saint Malachy‘s Youth Centre NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025

  1. GENERAL INFORMATION

Saint Malachy's Youth Centre is a charity which registered with The Charity Commission of Northern freland on 17 May 2022. The registered office of the charity is 20 Lower Stanfield Street, Belfast, Antrim, BT7 2HB, United Kingdom which is also the principal place of business of the charity. The financial statements have been presented in Pound (£) which is also the functional currency of the charity.

  1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the charity's financial statements.

Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (as amended for accounting periods commencing on or after 1 January 2016). The Charity is a Public Benefit Entity as defined by FRS 102.

St Malachy‘s Youth Centre meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or value unless otherwise stated in the relevant accounting policy notes.

Statement of compliance

The financial statements of the charity for the financial year ended 31 March 2024 have been prepared on the going concern basis and in accordance with the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102”, applying Section 1A of that Standard.

Fund accounting

The following are the categories of funds maintained:

Restricted funds

Restricted funds represent income received which can only be used for particular purposes, as specified by the donors. Such purposes are within the overall objectives of the charity.

Unrestricted funds

Unrestricted funds consist of General and Designated funds.

a General funds represent amounts which are expendable at the discretion of the board, in furtherance of the objectives of the charity.

a Designated funds comprise unrestricted funds that the board has, at its discretion, set aside for particular purposes. These designations have an administrative purpose only, and do not legally restrict the board's discretion to apply the fund.

Income

Income is recognised by inclusion in the Statement of Financial Activities only when the charity is legally entitled to the income, performance conditions attached to-the item(s) of income have been met, the amounts involved can be measured with sufficient reliability and it is probable that the income will be received by the charity.

Income from charitable activities

Income from charitable activities include income earned from the supply of services under contractual arrangements and from performance related grants which have conditions that specify the provision of particular services to be provided by the charity. Income from government and other co-funders is recognised when the charity is legally entitled to the income because it is fulfilling the conditions contained in the related funding agreements. Where a grant is received in advance, its recognition is deferred and included in creditors. Where entitlement occurs before income is received, it is accrued in debtors.

Grants from governments and other co-funders typically include one of the following types of conditions:

= Performance based conditions: whereby the charity is contractually entitied to funding only to the extent that the core objectives of the grant agreement are achieved. Where the charity is meeting the core objectives of a grant agreement, it recognises the related expenditure, to the extent that it is reimbursable by the donor, as income.

10

continued

:

: Saint Malachy‘s Youth Centre NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025

aTime based conditions: whereby the charity is contractually entitled to funding on the condition that it is utilised in a particular period. In these cases the charity recognises the income to the extent it is utilised within the period specified in the agreement.

In the absence of such conditions, assuming that receipt is probable and the amount can be reliably measured, grant income is recognised once the charity is notified of entitlement.

Grants received towards capital expenditure are credited to the Statement of Financial Activities when received or receivable, whichever is earlier.

Expenditure

Expenditure is analysed between costs of charitable activities and raising funds. The costs of each activity are separately accumulated and disclosed, and analysed according to their major components. Expenditure is recognised when a legal or consiructive obligation exists as a result of a past event, a transfer of economic benefits is required in settlement and the amount of the obligation can be reliably measured. Support costs are those functions that assist the work of the charity but cannot be attributed to one activity. Such costs are allocated to activities in proportion to staff time spent or other suitable measure for each activity.

intangible Fixed Assets and Amortisation

intangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of intangible fixed assets, less their estimated residual value, over their expected useful lives as follows:

Development Costs

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows:

Fixtures, fittings and equipment

15% Straight line

Debtors

Debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Income recognised by the charity from government agencies and other co-funders, but not yet received at financial year end, is included in debtors.

Cash at bank and in hand

Cash at bank and in hand comprises cash on deposit at banks requiring less than three months notice of withdrawal.

Taxation and deferred taxation

No current or deferred taxation arises as the charity has been granted charitable exemption. Irrecoverable valued added tax is expensed as incurred.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the charity's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Research and development

Development expenditure is written off in the same financial year unless the trustees are satisfied as to the technical, commercial and financial viability of individual projects. !n this situation, the expenditure is deferred and amortised over the period from which the charity is expected to benefit.

1

continued

me Saint Malachy‘s Youth Centre NOTES TO THE FINANCIAL STATEMENTS .

for the financial year ended 31 March 2025

  1. SIGNIFICANT ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continuaily reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under circumstances.

  1. GOING CONCERN

The Trustees have not identified any material uncertainties related to events or conditions that may cast significant doubt about the charity‘s ability to continue as a going concern.

5. INCOME
5.1 DONATIONSAND LEGACIES Unrestricted Restricted 2025 2024
Funds Funds
£ £ £ £
Donations and legacies 3,400 “ 3,400 6,211
5.2 CHARITABLE ACTIVITIES Unrestricted Restricted 2025 2024
Funds Funds
£ £ £ £
Grants from governments and other co-funders:
EA Belfast Region - 126,477 120,477 118,699
Belfast City Council - - ” 65
Children in Need - 15,000 15,000 -
National Lottery - 10,000 10,000 10,000
- 145,477 145,477 128,764
5.3 OTHERINCOME Unrestricted Restricted 2025 2024
Funds Funds
£ £ £ £
Otherincome 35,954
-		 35,954
6. EXPENDITURE
6.4 CHARITABLEACTIVITIES Direct
Costs
£		 Other
Costs
£		 Support
Costs
£		 2025
£		 2024
£
Expenditure on charitable activites 149,929 - - 149,929 156,318
Governance Costs (Note 6.2) - 5,108 ” 5,108 5,948
149,929 5,108 - 155,037 162,266
6.2 GOVERNANCECOSTS Direct
Costs
£		 Other
Costs
£		 Support
Costs
£		 2025
£		 2024
£
Charitable activities -governance - 5,108 “ 5,108 5,948
costs

12

,

continued

Saint Malachy‘s Youth Centre NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 March 2025

.

----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| |NET|INCOME|2025|2024| |E|£| |Net|Income|is stated|after charging/(crediting):| |Depreciation|of intangible|assets|960|960| |Depreciation|of tangible|assets|4,148|4,148| |Research|and|development| |- amortised|deferred|expenditure|(included|above)|960|960| |Independent|Examiner's.|remuneration:| |-|independent examination|services|4,008|840|

----- End of picture text -----

  1. EMPLOYEES AND REMUNERATION

Number of employees

The average number of persons employed (including executive trustees) during the financial year was as follows:

----- Start of picture text -----
|||||| |---|---|---|---|---| |2025|2024| |Number|Number| |Employees|11|11| |The|staff costs|comprise:|2025|2024| |£|£| |Wages|and|salaries|90,091|105,163|

----- End of picture text -----

  1. TRUSTEE REMUNERATION AND EXPENSES

There are no employees who received employee benefits of more than £60,000 for the reporting period. (2022: Q)

  1. INTANGIBLE FIXED ASSETS

----- Start of picture text -----
|||||| |---|---|---|---|---| |Development| |Costs| |£| |Cost| |At|31|March|2025|9,600| |Provision|for| |At|1|April 2024|1,920| |Charge|for|financial|year|960| |At|31|March|2025|2,880| |Net|book|value| |At|31|March|2025|6,720| |At|31|March|2024|7,680|

----- End of picture text -----

13

continued

. Saint Malachy‘s Youth Centre NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 March 2025

41. TANGIBLE FIXED ASSETS

41. TANGIBLE FIXED ASSETSASSETS
Fixtures, Total
fittingsand
equipment
£. £
Cost
At 31 March 2025 20,740 20,740
Depreciation
At 1 April2024 9,086 9,086
Charge forthe financial year 4,148 4,148
At31 March2025 13,234 13,234
Net book value
At 31 March2025 7,506 7,506
At31 March2024 11,654 11,654
12. DEBTORS 2025 2024
£ £
Otherdebtors 5,546 -
5,546 -
.
13. CREDITORS
Amounts falling due within one year		 2025
£		 2024
£
Taxationand social securitycosts(Note 14) 1,144 4,585
Other creditors 109 7,197
Accruals and deferred income 924 840
2,177 12,622
14, TAXATIONAND SOCIAL SECURITY 2025 2024
£ £
Creditors:
PAYE / Ni 1,144 4,585
15. FUNDS
15.1 RECONCILIATION OF MOVEMENT IN FUNDS Unrestricted Restricted Total
Funds Funds Funds
£ £ £
At 1 April2023 63,057 1,588 64,645
: Movementduringthefinancial year (4,744) (1,588) (6,332)
At31 March 2024 58,313 - 58,313
Movement during the financial year 25,180 4,614 29,794
At31March2025 83,493 4,614 88,107

14

;

continued

,

Saint Malachy‘s Youth Centre NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 March 2025

15.2 ANALYSIS OF MOVEMENTS ON FUNDS ANALYSIS OF MOVEMENTS ON FUNDS
Balance Income Expenditure Transfers Balance
1 April
2024		 between
funds		 31 March
2025
£ £ £ £ £
Restricted funds
National Lottery - 10,000 9,983 - 17
Children in Need - 15,000 10,403 - 4,597
Education Authority ~ 120,477 132,198 11,721 -
- 145,477 152,584 11,721 4,614
Unrestricted funds
Unrestricted General 58,313 39,354 2,453 (11,721) 83,493
Totalfunds §8,313 184,831 155,037 - 88,107
  1. TRUSTEE REMUNERATION AND EXPENSES

No remuneration or other benefits irom employment with the charity or a related entity were received by the trustees.

  1. CHARITY STATUS

Saint Malachy's Youth Centre is a charitable trust constituted under a trust deed. Saint Malachy’s Youth Centre constitutes a public benefit entity as defined by FRS 102.

  1. POST-BALANCE SHEET EVENTS

The trustees confirm that there have been no events since the balance sheet date that require adjustment to, or disclosure in, these financial statements.

15

SAINT MALACHY'S YOUTH CENTRE

SUPPLEMENTARY INFORMATION

RELATING TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2025

16

~ Saint Malachy‘s Youth Centre SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS

Operating Statement

for the financial year ended 31 March 2025

----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| |2025|2024| |£|£| |Income| |Donations|3,900|6,211| |Door|Fees|6,228|4,680| |Tuck Shop|10,971|5,070| |Membership|Subscriptions|2,109|1,053| |Hire|of Sports|Hall|12,321|2,988| |Education|Authority-|East|Belfast|Region|120,477|118,699| |Belfast|City|Council|-|65| |National|Lottery|10,000|10,000| |Excursions/Activities|3,825|7,168| |Children|in|Need|15,000|-| |184,831|155,934| |Cost|of generating|funds| |Tuck Shop|4,561|3,441| |4,561|3,441| |Gross surplus|180,270|152,493| |Expenses| |Wages|and|salaries|90,091|105,163| |Service|charges|“|§,031| |Light and|heat|17,034|19,465| |Repairs|and|maintenance|8,433|10,545| |Office|Costs|146|639| |Telephone|1,234|1,063| |Hire|of equipment|3,723|1,981| |Excursions/Activities|20,877|7,346| |Auditor's/Independent|Examiner's|remuneration|1,008|840| |Bank charges|672|518| |General expenses|2,150|1,126| |Depreciation|§,108|5,108| |150,476|158,825| |Net surplus/(deficit)|29,794|(6,332)|

----- End of picture text -----

The supplementary information does not form part of the financial statements

17