Youth Flrst Club Ltd (A Company limited by guarantee) Directors Report The directors present their report and the financial statements for tlie year ended 31 Mar¢li 2024. Prinlpal A¢tivity The principal activity of tlie company during the year under review ivgs the operation of a youth club in the Bogaide area of Derry. Obje¢tives and actlvlties Provide young people with access to a high qliality sporting and educational facilitie5. Significantly enhance standards in GrouplDevelopinental work, Pliysical Education and Sport. partlcularly targeting Inarginalised young people ivho have had limited or no experience of structured youtli provision. Contribute to the renewal of One of the most dlsadvantaged neighborhoods, encouraging the physical and economic regeneration of tlie orea, improving youth participation* progression, 5POrt, education, health, and the environmeiit. Sustain and enliance youth provision, arts and sport withiii tl)¢ local cominunity and Ihroiighout th¢ wider region by contribiiting lo more active aiid healthier lifestyl¢s. Directors and th¢lr Int¢resl8 Tlie dire¢tors of tlie Cliarity for the purposes of charity law and throughout Ilils report are collectlvely referred to as th¢ dir¢¢tor5. The directors serving during ihe year and sin¢¢ the year eiid were as follows: Slsier Catlierine Boyle Sioblian Brinkley Kathleen Doherty Fr Joseph Gorniley Kellie Mccallion Martin John M¢Lauglili Martine Mulhern Geraldin¢ O'connor Cliarles O'Doi)nell Governlng Document Tlie organisation 15 a Coinpany wilh ¢liaritable status. The company was establislied under Memorandum & Articles of Associatioii wliich outlined the area of benefit and tlie objects of the charitabl¢ organisalion. Rtsk Management Tli¢ dir¢ctors liave a risk Inanagement strategy ivhicli cojisists of establishing a system of identifying risks and Initig8ting such risks. Reseryes Policy Youtli First Club Ltd liAve a pollcy that unrestricted reserves Eo be maintained at a level to cover three montlis salary, oper8tional costs and redundancy. Resulls & Perforniance The results and perfonnaiice for tlie year of Youth First Club Ltd ftre surnmarised in tlie enclosed accounts. nanclal review The financial perfomian¢e 15 summarised in th¢ enclosed accounls. Page 2
Youlh First Club Lt (A company Ilmlied by gu8rAntee) Directors Report .coiitinued Directors Respon8lbllltles In Relation To The Flnanelvdl 8latement5 The directors of Youtli First Club Ltd for tlie purposes of company laiv are responsible for preparing tlie Directors, Annual Report and Elle financial statements in accordance ivith applicable law and United Kingdom Accounting StandRrds (United Kingdom Generally Accepted Accouiiling Practice). Coinpany law requires tlie directors to prepare finoncial stateinents for cacli financial year. that glve a true and fair view of tl)e state of the affails of the charitable compaiiy and of tl)e incoming resources and appllcation of resources, including tlie incoine aiid expeiiditure, of tl)e cliarilable company for tliat period, In preparing th¢5¢ rinancial statements tlie directors are required to.. sel¢¢t suitable accounting policies aiid apply them consistently: observe the methods and principles in tlie Cliarities SORP 2019 (FRS102)' - mak¢ judgeiiients and esliinaks that are reasoiiable aiid prud¢nt; state whether applicRble UK Accouiiting Standards have been followed, subject to any material d¢partures disclosed Hnd explained in tlie financial statemenls; piepare tlie financial statemei)ts on the going ¢oncem basis unless it is inappropriate io presume that the cliarity will continue in business. The directors are r¢spon5ibl¢ for maintaining proper a¢coiinting rexords which dI10$e with reasonable a¢¢uracy at any tlme tlie financial position of the cliarity and enables them to ensure Iliat the financial statements coniply ivitli tlie Compariies Act 2006. The directors are also respoiisible for safeguarding Ihc Bss¢ls of th¢ iharity and h¢n¢¢ for taking reasonablg skps for the pr¢voThlion and d¢t¢¢tion of fraud and otli¢r irregularlties. In so far as tlie dire¢tors are aware.. .there is no relevant infonnation of wliicli tl)e charitable company's iiidependent exaaminer is unaw&re, and -tl)e directors Iiave taken all tlie steps tliat tliey ouglit to Iiave taken to make tliemselves aware of ai)y r¢levant Infomiation and to establisli tliat tlie iiidependent examiiier Is owllre of that infonnation. Tliis report is prepared in accordance witli the special provisions of part 15 of the Companieg Aet 2006 relatln8 to small companies. This rcport was approved and authorised for issue by the Board on 18 June 2024 and signed on its bel)alf by Direetor DI Page 3