01 Registration
Identity and public record
- Official name
- The Magnet Young Adult Centre
- CCNI number
- 100661
- Reporting status
- Received: 26 days late
- Governing document
- Constitution
- Public address
- Magnet Young Adult Centre, 81A Hill Street, Newry, County Down, BT34 1DG
02 Charity activity
Purposes and classifications
Charitable purposes
OBJECTS The charity's objects are specifically restricted to the following: To advance the education and promote the benefit of all young people aged between 16 and 25 in Newry and the surrounding districts of South Down and South Armagh by providing facilities in the interests of social welfare for the protection of health and for recreation so that their conditions of life may be improved and to provide a venue for the sale and consumption of non-alcoholic drinks and where young people aged between 16 and 25 may develop their recreational and leisure-time activities.
What the charity does
The advancement of education,The advancement of health or the saving of lives,The advancement of citizenship or community development,The advancement of human rights, conflict resolution or reconciliation or the promotion of religious or racial harmony or equality and diversity
Who the charity helps
Learning disabilities,Sexual orientation,Specific areas of deprivation,Volunteers,Youth (14-25 year olds)
How the charity works
Advice/advocacy/information,Arts,Counselling/support,Education/training,Human rights/equality,Youth development
03 Latest finances
Income, spending and resources
- Total income
- £311,692
- Previous total income
- £0
- Donations and legacies
- £0
- Charitable activities income
- £303,919
- Trading income
- £7,670
- Investment income
- £103
- Other income
- £0
- Total income and endowments
- £311,692
- Total spending
- £331,160
- Raising funds expenditure
- £0
- Charitable activities expenditure
- £314,602
- Governance expenditure
- £0
- Other expenditure
- £9,935
- Total expenditure
- £331,160
- Total fixed assets
- £347,827
- Net assets and liabilities
- −£3,863
- Employees / volunteers
- 18 / 0
These are reported values from the CCNI register export. Zero and missing values are reproduced as supplied and should be checked against the charity’s filed accounts before a material decision.
04 Provenance