Teen Challenge Nl Statement of financial activities For the period ended 31 March 2025 Reslricted Unresiricted funds fiinds 2025 2025 Total fuiids 2025 Note Income from: Donauons 5,695 48,787 8,940 3,530 54,482 8,940 3,530 F*undraising income Othcr incomc/Gilts Total incomè 5,695 61,257 66,952 Expondlturg on: Raising futids C.h3ritabk acul'iues 516 516 5,695 42,437 48,132 Total exp¢nditure 5.695 42,953 48,648 Nèt ineome 18,304 71,511 18,304 71,511 Funds inttoduccd Net movement in funds 89,815 89,815 Reconciliation of funds: Net moN"ement in funds 89,815 89,815 Total funds carried forward 89,815 89,815 All Ainouiits rclate to continuous operations. The stacenient of financial 41ctiirities mcliides all g2mS 2nd losses recognised the period. I'he £71,il I fiinds iniroduced represent a transfer of funds from "Icen Challcngc L'K in connccuon ii'ith the es(kblislimcnt of the C.h2rit)-'s opeiations in iNvitlicin IIcland. The Llotes un pages l O to 17 foini pait of tl)ese fmancial staiemenis. Pag& 8
Teen Challenge Nl Balance Sheet For the period ended 31 March 2025 2025 Note Fixed assets I'angible 2ssets 12 24,099 24,099 Current a55ets Debtois 13 3,253 71,129 Cash at bank and in hand 74,382 Creditors.. amounts falling due i&ithin onc }-cAr 14 (8,666) Not current assets 65,716 Total assets less current liabilities 89,815 Total net assets 89,815 Charity funds Rcstrictcd fiiThds 15 Unrestricted funds 15 89,815 Total funds 89,815 "L'lie finAiicial stiteinents ivere 2pproi.ed 2nd iuthorised Eor issue b). the Trustees and signed on t1]e belialf by.. Rev Philip Andreii, Hills Date.. 16 .-li)rd 2026 'I'he norc5 on pagcs l O to 17 forni part nf the%e financial starenicnis. P4e9
Teen ChallÈngÈ Nl Notes to the Financial Statements For the period ended 31 March 2026 General information "leen Challengc NI As unmcorporated Ch2rit)' registered in LNorthern Ireland iiryth C.hariti' registration niimher 110049 '1'lie restered ofFe is Illilloughb}' Hoii8e. Statinn RnAA, I,pi)er Rrniightnn. N'ottinghamshire. LE14 3BH. The Charit), was regisrered on 18 fli)ril 20?4. This is the first period of accounts. which hai'e been prepared for the period 18 Apnl ?0?4 to 31 llarch 202). Accountlng pollcles 2.1 Basis of preparation of financial 5tatementS The FAnCIal statclncnts hai'c bccn prcpaicd undcr thc histoiical cost coni'cntion unless othernwise specified tvithin these accoiiniing policies. "I"he)' hAI'e been prepared in accord2ncc ii'itli applicablc 12w and accounting standarcls issued b), the financial Reporting C.ouncil, Incliiding FRSI 02 'ThL' l.inancial Reportmg Standard tlpplicable in the UK #nd Repubhc of Ire]2nd" ("FRSIO?"), and thc Statemcnt of Recommended l)r#cucc _ Accoiintjng 2nd Reporting bj C.harLties, eElective J Janua4, ?019 ("SORP"). The finAncial siatemcnts are presented in Steiling Teen Challenge INI constitutes 2 pubhc benefit eniit}' as defed by EIRS 102. 2.2 Golng concèrn I"lie Trusrees hii'e 2ssessed tlilt Tccn Challciigc Nl lias adcquatc rcsources to Jneet the ongoiiig costs of the entity for 2 minlliium of 12 montlis from Ihc d2tc of Si11ng Ihc financial statements. F-,or this rcason thc fmaiicial statcincnts hai"e been prcpaied on a going concern basis ii.kn"ch presiiiiies the rcalisation ol Asscts aiid h'abth"ues in the normal couise ol business. 2.3 Incom• .,111 income ib recognised once the C.hariti- has entitlemet)( io the mcome, It is probAblc tliat thc incoinc i-lll l)e receii'ed ind Il)e amouiit ol mcoine receii'able can be ineasuied reliAbls-. Giants Aic incliided tlie StA(einent of F21]c11 ,4ctii-Ities on A receii-lblc b2sis. Ilic balAncc ()f Iiicciine eCL'l8'ed F()r sptcifLC PLirposes biit not cxpcndcd di1rg tlic perfftod 1> slioii-ii in thc rclci'ant fiiiicl8 ()n tlie Balancc Slicci. Illierc incomc is receii-ed in gdi-ance c)f eniiilL"n)Lni of receii)T, lis reccigJuuoIi Is defL'rred iicl incluclcd in creclitors as deferred income. Ilffiere entitlement occurs before iIic(Jnie is rc'ceii'ed, Ilie income is acciiied. P4e 10
Teen Challènge Nl Notes to the Financial Statements For the period ended 31 March 2025 Accounting policies (continued) 2.4 Expenditure Expexidltuie is recogmsed once there is a leg21 or constructii'c obligation to transfer ecoiioinic bencfit to a thd paity,, It is probible that a tr2nsEet of econoL]uc bcnclits iillil be requed in settlcinent ancl thc ainount OF thc obkngauon can be ineasured rcli2bl)'. Expcnditure is clissified by actii"ity. 'I'he costs OF each activit), ale made up OF the total of dircct costs and shared costs, including Support costs involved in underraking each actii-it),. Direct costs attribuiable to i single acuvitsl ale allocated dectlY to t112t 2ctivity. Shared costs ivlu.ch contnbute to more than onc activit), and suppor( costs ivhich are not attiibutAble to 2 single acuiiit}' 2re Apportioned beThiFeen those actii'ities on a basis conslstent IiTlth tlie use of resources. Cenuak staEf costs are allocated on the basis ol time speni. and deprecÈation charges allocated on the portion of the asset's use. Expenditure on raismg funds includes all expenditurc 1Thrred by rhe ChArity' to rsuse funds for its charitable purposes and includcs costs of all fundraising actItieS ei'ents 2nd non-charitablc trading. F.xpenditurc on charitable actii'ities Is incurred on directlj. undertaking thc actiN'itie5 Il'hich lurthcr the Charity. 5 obicctAI'cs, as ii.cll as aii)- associatcd suppoit costs. All expendittire is ll]clusive of irrccoiTcrablc ifAT. 2.5 Tan9iblo fixod assots and d•pr•eiation Tnble fed assets are capitaliscd and recognised ii.hen future ecoiiomic beiiefits are probablc and the cost or N'alue of the 55¢t can bc measured ieh'ibls.. Tnble Fed Assets lliitiall}' reco8ni5cd at cost. tlfter iecogrntion, under the cost inodcl, tangible [ed a5SCts Arc mcasurcd at cost less xcciimitlated deprcciauon and An)'- acciiiniilatcd impairmcnt losscs. tlll costs iThciirrcd to bring a tangible fLied asset into its intendcd ii-orking condition shoiild be incliided in the measurcmcnt ol cos(. l)cpr¢ciatic)n 15 charg¥d Su as iu alluiaLr LIIL LUSt vf Liiii¥iblc i15sr(s Ir)5 (IILlt ic)idiidl i'alLJt ¢1 lhe esiimated iiseful h"ves. Depreciarion is proi'ided on tlie folloiiThg basis.. IDtc)r i"eliicles C.oiiipiiier eqiiipment l.i°/o reducing balance ?O°/o Stra%lit brte 2.6 Dèbtors .1 iadc ind othci clebtors Are recognised at thc scttlcinent amount aftcr 2ni- tixclc cli4cc)iiiit cJ(fered. IlrLpai-InLnts 2iL i-Aliied at tlie Amount prcpiicl iict ol 2n!- tiadc discijiiiits cliLC. 2.7 Cash at bank and In hand Casli ai b1nk qnd m hancl incliides casl) and shor(-ierin Iigl)li- liqiiid ini-esimenrs ii'itli a 5horr Inafiiriry. OE ilircc nioiirlis or Icfis Eic)m rlie a2ie of ocqiiisirioii i)r 01)eniIig OF rlie dci)0sir or siiiiilar acc()Ill1t. Page 11
Teen Chall8ng8 Nl Notes to the Financial Statements For the period ended 31 March 2025 Accounting policies (continued) 2.8 Liabilitie$ and provisions LiAbiliues arc rccognised ivhen there is obb-gation 3t the Balance Sheet date As 2 result of a pasi evenr. it is piobablc that a transler of economic benefit iifdl be requited in settlcment. 2nd (he amount of the settlement can be estimatcd rcliably. 1,13biliues are recogniscd at the amount that tlic Charlt). anticipates it ii'ill pa). to settle the debt or the amount it has received as #dTr-anccd pa}'nicnts foi the goods or services li must provide. Proi'isions are measuied at the best cstimatc of thc amoiints required (o seitle the obiigJuon. Ilqicre ihe effeci of (he lime i'aliie of moncs. is matcrial. thc proirision is based on the prcseni i'2lLie of those 21llOLints, discounted at the pre-tax discouni late that reflects the risks specific to tlic bability.. 'I'lic uniiv]du]g of tlie discount Is recognised m ihe Statement of fAncial Actiiyities as a fmaiice cost. 2.9 Fund accountlng GcnerAI Iiinds are iinrestricted funds ii.hich are ai'ailAble for use at the discretion of the Tiustccs iii furthcrancc of the gcncr%l obicctii'es of thc Cliarity. aiid ii.liich Iiavc not bccii desigiiated for otl)er purposes. Restrir.ttd fiind% 2re. fiind% ivhirh 2re tn iised in AC_c.nrA2nre. iiyth 4pecifir. re.%trirtinns in)pnse.d h donors or ii.hich haiTC becn raised b}- thc Chaiity" lor parucular purposes_ "L'lic costs i)f raising and aclministciing such fiinds arc chargcd against thc spccific fund. I'he aim and usc ol each restricted Fund 15 set out in thc notc5 to thc fmAnciRI statctncnts. Critical accounting estimates and areas of judyement LstimatC5 and iiidgcmcnts arc rcqiiircd ivhcn xppls'ing accouniing policics_ 'I"liesc arc continiiall}' ei'aliiated and #rc based on liistorical exp¢riei)ce and otlier (actors, Jncludiiig expect3tsons of fixtiire ei'eIits tliat are bch"L¥'td li) bc icasi)iiablt uiidcA Ilie LAiCtllll5t21)ies. The compani" mAkes estimate5 And assumptions conccrning tlic fure, ii.hich can ini'olTr'c a high degrec (if Iiidgement or coinplcxit)-. Tlic rcsulting accoiinting L%timates -ll1, b). dcflliition. scldi)In cqiial tliL fL12tLcI acttiftl rcsiilts. I'lic cstimAtCs And assuinptions tli2t hai'e % significaiit iisk ()f cAiising a mfttciial AdjustmL'nt to thc cai4'ing atnoiints ol asseis and h"abth"ties ii'ithin the nexi fAncial l'ear are xddressed beloii.: a) L seflil economic lii'es of tangiblc asscts Tlie aniiiial depreciaiion chargc foi iangiblc a5SCt5 15 sensiui-c lo changcs in thc cstiniafcd usL'lul cconon]ic knITes ancl rcsidiial i-alucs of tlic assets. 'I"lic uselLiI econo1C kni'es and rcsidual N-alucs aic IL-asscssed xnnuilli. -IIL'I- 1¢ %niLnclecl ii-hen iiecess?ri- reflect ciirrent estllnAtes. bised on futur¢ ini'esfinenrs. econninic Iitili%xtic)n %nLI tlic plii'sic11 condiiion ol tlic asse(s. Page 12
Tèan Challenge Nl Notes to the Financial Statements For the period ended 31 March 2025 In¢om• from donatlons and legacles Rcstricted Untcstrictcd funds funds 2025 2025 Toial funds 2025 Donations 48,787 48,787 5,695 Grants 5,695 Income from fundraisin9 events Unrestricted funds 2025 Total flind5 2025 FlinarSu]g 8.940 8,940 othor Incomlng r•sources Unrestricted funds 2025 Total fuiid5 2025 Gifts 3,530 Expendlturo on ralslrtg funds Fiixidraisiiig trading expenses Ui)restricted fiiiids Total fiinds 2025 2025 (-()st% c)t g¢nL'iating i'()luiit2ri- Incoiiie i16 516 Pa9e13
Teen Challenge Nl Notes to the Financial Statements For the period ended 31 March 2025 Analysis of expendlture on charltable actlvltles Summary by fund type Restticted Unrestricted funds funds 2025 2025 Total 2025 Rehabth"lauon and outrcach 5,69) 42,437 48,132 Analys15 of expenditure by activities ACtItieS undertaken directly 2025 Support costs Total nds 2025 2025 Reliabib'tation 2nd outreach 23,)61 48,132 Analysls of support costs Reliabilitation and ouireach Total fiind5 2025 2025 Depreciatinn %ui)po)rt ii-vikcis/s"oliintceis OtliL'¥ c()sts .004 li,011 4,9)6 3,600 1,004 15,011 4,956 3,600 Goi'Linanci costs Total 2025 24, j? I 24,571 10. Independent examlner's remuneration -E-lie iiidepeiiileT)t eKiniiiier s rcniiiiicraiion anioiiiits to an iiiclcpcncleiit ei1nuiier (ee ()[ £.-I,()00. P4e 14
Teen Challenge Nl Notes to the Financial Statements For the period ended 31 March 2025 11. Trustees. remuneratlon and oxpenses Duiing the pcrlod, no Trustees reccivcd any remuner2uon or other bencflts. During the perlod ended 31 Ilarch 202), no frus(ee expenses hai'c bccn incurrcd. 12. Tangible fixed a55et5 Motor 'eliicles Compiiter equipment Total Cost or valuation Ildditions 21,995 3,108 25,103 At 31 N,12rch 202) 21,995 3,108 25,103 Deprecig4tion Charge foi (lie period 825 179 1,004 .It 31 h.12rch 202) 825 179 1.004 Net book valiie At 31 Tr1arch 202) 21,170 2,929 24,099 13. Debtors 2025 Prepaj ments and accrucd income 3,253 14. Creditor5: Amounts falling due within one year 2025 ()Elier cr¢clitrir% 2,427 6,239 ..Iccii121b anLI (lefericcl incc)me 8,666 Page 15
Teen Challenge Nl Notes to the Financial Statements For the period ended 31 March 2025 15. Statement of funds Stat•mant of funds - current period Balance at 31 Match 2025 Funds iftttodiieed Income ExpeThditute Untestticted funds Rescrves 61,257 (42,953) 71,511 89,815 Resirlc(ed funds Rcstrictcd I'iinds - all fiinds 5,695 (5,695) Total of fiitids 66,952 (48,648) 71,511 89,815 16. Analysis of net a55et5 between fund5 Restticled Untestricted hinds fiiiids 2025 Total fiinds 2025 2025 "r2ngible filed assets Currcnt asscts 24,099 24,099 74.382 (8,666) 2,639 (2,639) Lrcditors duc i4-Atliiii onc )-cai (6,02 1) Total 89,81) 89,815 17. Related party transactlons lThe C.h#riTh' 1> cnnneciecl io leeii C-1i2llenge LK bi. i-te ol shared ch8riiAble objeciii'es an(] l)isinric operaiir)nal h"Iiks. l)Lifiiig Ilic i-car, tlic ("haiiti- receii'e(l L, l.) I I Ir()ni 'l'een C.Iiallengc L K. Diirii)g ilie l-ear, Elle c.liiriii' re11)lirscd -I ccn Cliallcngc L"K [.17,6.iO res1)ect ot sui)pi)rt ii'()rLL'r balai). costs. I-IIL -l-riisiecs COLilirm tliai all Iiai)saciic)11s Il'ltli re12ted i)2rties IK-i're concluctcil iti Ilic best iiiterests of tlie (-1)1riN-. Page16
Teen Challenge Nl Notes to the Financial Statements For the period ended 31 March 2025 18. Post balance sheet events SubscquLnt to thc rcporting perEod, ttvo Trusrees resigned in Nlovember 202), resultiiig thc numbcr of TrLlSte.e.8 te.mpc)r2rily f2lling hpl(hii" Ihe mjnimiim sperifie.d in the .1 ru£t Deed. Thls Positioii has siocc bccn addicssed throiigh thc appointn]cnt of addiuoxial Trustccs in accordance ii-lth tlic Tnist l)ccd. Folloiving the year end, consideiauon li'as gii-cn to the potentsal closurc OE thc Chariti.. and a i)otifLcation ivas submitted to the Chanty, Commission lor Noithern Ireland. This notiflcation subsequentl}i ivitlidraivn. The Chatiti, continues in operation And no fornvAI decision to close the Chanti, has been made. Paue li