**REGISTERED CHARITY NUMBER: 1036854**
## **Report of the Trustees and**
## **Unaudited Financial Statements for the Year Ended 30 September 2024**
## **for**
**RAINHAM ORGANISERS FOR YOUTH ACTIVITY LEADERS**
Jan Watkinson & Co. 14 Broadway Rainham Essex RM13 9YW
**RAINHAM ORGANISERS FOR YOUTH ACTIVITY LEADERS**
**Contents of the Financial Statements for the Year Ended 30 September 2024**
**----- Start of picture text -----**
Page
Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7 to 15
**----- End of picture text -----**
**RAINHAM ORGANISERS FOR YOUTH ACTIVITY LEADERS**
## **Report of the Trustees for the Year Ended 30 September 2024**
The trustees present their report with the financial statements of the charity for the year ended 30 September 2024. The trustees have adopted the provisions of 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) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES Objectives and aims**
The charity's objective, set out in the constitution, is to provide for the benefit of children and young adults in the Rainham parish of the London Borough of Havering through recreational activities and facilities, indoor and out, that develop physical, mental and spiritual capacities, encouraging and supporting growth as the youths mature as individuals and responsible members of society, thereby improving their conditions of life.
Also to provide and maintain a community centre and bring together local inhabitants with local authorities, voluntary and other organisations to advance the education and social welfare and generally improve conditions for the life of the inhabitants of the Rainham parish.
## **Significant activities**
With the use of the "ROYALS" building let by the local council, the charity, which has come to be known as "ROYALS" is able to provide a base for young people in the Rainham area and its maintenance of the halls to a high standard have enabled it to make significant earnings from local clubs etc. which have/will be reserved for future maintenance and further improved achievement of its aims.
## **Public benefit**
The provision of the halls for rental to local community clubs etc. together with the use of the halls for maintaining regular services to the community and those in need and the running of the youth centre within further the charity's purposes for the public benefit.
The trustees have had regard to the Charities Commission guidance on public benefit.
## **Volunteers**
One of the trustees devotes many hours to assisting with the running of the youth centre and trips for the children and is therefore permitted to reclaim travel costs towards out of pocket expenses.
Page 1
**RAINHAM ORGANISERS FOR YOUTH ACTIVITY LEADERS**
## **Report of the Trustees**
## **for the Year Ended 30 September 2024**
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
The trustees are pleased that the charity's work during the year provided a base for various activities to be provided for young people in the Rainham area.
Furthermore, the generation of funds from letting intermittently unused portions of the hall to local groups enabled trips to be provided on a subsidised basis to young people.
Further funding was secured this year which enabled activities and trips for young people during the Easter, summer and Christmas holidays which was a great success. It was requested that this be repeated and expanded by the local government due to the positive feedback received.
Youth activities provided in the year include:
|Weekly Tuesday youth club|Weekly Tuesday youth club|for 8 to 12 year olds|
|---|---|---|
|||for 12 plus|
|Various trips, including:||Stubbers|
|||Adventure Island|
|||Cinema|
|||Trip to London|
|||Swimming and Ice skating|
|||Bowling|
Funding was also provided by local government to enable the provision of a "Warm Hub" offering a warm place and cooked meal on a weekly basis to the local community, together with the "cooking on a budget" programme and amalgamated with the happy families" programme which were successfully completed and are to be continued due to their success.
## **Internal and external factors**
Charitable activities were increased this year due to demand from the local community, with the help of further grants from local government and local businesses.
## **FINANCIAL REVIEW**
## **Financial position**
At the end of the financial period, the charity had a net balance sheet value of £39,614, a decrease of £26,224, all being unrestricted funds.
However,the lease renewal has not yet been agreed as if it went ahead with the proposed annual increases it would wipe out reserves (see note 13).
## **Reserves policy**
Funds are held in reserve to enable the upkeep of the halls which have been maintained to high standard.
## **FUTURE PLANS**
The charity is focussed on extending the range of activities provided for young people and the community in general.
Trustees are working on avenues to maintain and if possible increase levels of funding to facilitate future investment in facilities available to encourage youth membership.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
## **Recruitment and appointment of new trustees**
New trustees are recruited from the general public that will be of benefit to the charity and the charities aims in accordance with the governing document.
Page 2
**RAINHAM ORGANISERS FOR YOUTH ACTIVITY LEADERS**
## **Report of the Trustees**
## **for the Year Ended 30 September 2024**
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
1036854
## **Principal address**
Royals Youth Centre Viking Way Rainham Essex RM13 9YG
## **Trustees**
Ms S A Sheen (Vice Chairperson) J W Drummond (Chairperson) Ms M Harvey (Treasurer) R J McCracken (Secretary) (Secretary) (appointed 17.10.23)
## **Independent Examiner**
Jan Watkinson & Co. 14 Broadway Rainham Essex RM13 9YW
Approved by order of the board of trustees on 17 July 2025 and signed on its behalf by:
Ms S A Sheen - Trustee
Page 3
**Independent Examiner's Report to the Trustees of Rainham Organisers for Youth Activity Leaders**
## **Independent examiner's report to the trustees of Rainham Organisers for Youth Activity Leaders**
I report to the charity trustees on my examination of the accounts of Rainham Organisers for Youth Activity Leaders (the Trust) for the year ended 30 September 2024.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I 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 accounts to be reached.
Mrs Janet A Watkinson
Jan Watkinson & Co. 14 Broadway Rainham Essex RM13 9YW
17 July 2025
Page 4
**RAINHAM ORGANISERS FOR YOUTH ACTIVITY LEADERS**
## **Statement of Financial Activities**
## **for the Year Ended 30 September 2024**
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**50,415**
**Charitable activities**
5
Provision of youth club, activities and community
welfare
**-**
Other trading activities
3
**101,423**
Investment income
4
**18**
**Total**
**151,856**
**EXPENDITURE ON**
**Charitable activities**
Provision of youth club, activities and community
welfare
**75,092**
Premises rental and hire
**101,968**
Governance costs
**1,020**
**Total**
**178,080**
**NET INCOME/(EXPENDITURE)**
**(26,224)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**65,838**
**TOTAL FUNDS CARRIED FORWARD**
**39,614**|Restricted
funds
£
**22,280**
**-**
**-**
**-**
**22,280**
**22,280**
**-**
**-**
**22,280**
**-**
**-**
**-**|**30.9.24**
**Total**
**funds**
**£**
**72,695**
**-**
**101,423**
**18**
**174,136**
**97,372**
**101,968**
**1,020**
**200,360**
**(26,224)**
**65,838**
**39,614**|30.9.23
Total
funds
£
71,058
873
80,313
8|
|---|---|---|---|
||||152,252|
||||66,642
76,432
990|
||||144,064|
||||8,188
57,650|
||||65,838|
The notes form part of these financial statements
Page 5
**RAINHAM ORGANISERS FOR YOUTH ACTIVITY LEADERS**
## **Balance Sheet**
## **30 September 2024**
|||**30.9.24**|30.9.23|
|---|---|---|---|
||Notes|**£**|£|
|**FIXED ASSETS**||||
|Tangible assets|10|**5,548**|4,576|
|**CURRENT ASSETS**||||
|Debtors|11|**6,908**|5,119|
|Cash at bank||**33,506**|62,480|
|||**40,414**|67,599|
|**CREDITORS**||||
|Amounts falling due within one year|12|**(6,348)**|(6,337)|
|**NET CURRENT ASSETS**||**34,066**|61,262|
|**TOTAL ASSETS LESS CURRENT**||||
|**LIABILITIES**||**39,614**|65,838|
|**NET ASSETS**||**39,614**|65,838|
|**FUNDS**|15|||
|Unrestricted funds:||||
|General fund||**39,614**|65,838|
|**TOTAL FUNDS**||**39,614**|65,838|
The financial statements were approved by the Board of Trustees and authorised for issue on 17 July 2025 and were signed on its behalf by:
M Harvey - Trustee
The notes form part of these financial statements
Page 6
**RAINHAM ORGANISERS FOR YOUTH ACTIVITY LEADERS**
**Notes to the Financial Statements for the Year Ended 30 September 2024**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
The charity has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable.
Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant and are recognised in full in the statement of financial activities in the year in which they are receivable..
Donated services and facilities are included a the value to the charity where this can quantified. The value of services provided by volunteers has not been included.
Gifts donated for resale are included as incoming resources within activities for generating funds when they are sold.
Income from the charity shop is included in the year in which it is receivable.
Income from investments is included in the year in which it is receivable.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Expenditure includes any VAT which cannot be fully recovered.
Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes including the charity's shop.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of charitable activities.
continued...
Page 7
**RAINHAM ORGANISERS FOR YOUTH ACTIVITY LEADERS**
**Notes to the Financial Statements - continued for the Year Ended 30 September 2024**
## **1. ACCOUNTING POLICIES - continued**
## **Expenditure**
Support costs are those costs incurred directly in support of the objects of the charity and include project management.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures, fittings & equipment
- 20% on reducing balance
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Hire purchase and leasing commitments**
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **2. DONATIONS AND LEGACIES**
|**DONATIONS AND LEGACIES**|||
|---|---|---|
||**30.9.24**|30.9.23|
||**£**|£|
|Donations|**1,402**|1,725|
|Grants|**71,293**|69,333|
||**72,695**|71,058|
|Grants received, included in the above, are as follows:|||
||**30.9.24**|30.9.23|
||**£**|£|
|Local government|**50,413**|61,835|
|Local business grants etc|**20,880**|7,498|
||**71,293**|69,333|
continued...
Page 8
**RAINHAM ORGANISERS FOR YOUTH ACTIVITY LEADERS**
## **Notes to the Financial Statements - continued for the Year Ended 30 September 2024**
|**3.**
**OTHER TRADING ACTIVITIES**
**30.9.24**
**£**
Hall hire and office rental
**101,423**
**4.**
**INVESTMENT INCOME**
**30.9.24**
**£**
Deposit account interest
**18**
**5.**
**INCOME FROM CHARITABLE ACTIVITIES**
**30.9.24**
Activity
**£**
Provision of youth club, activities and
Contributions/Donations
community welfare
**-**
**6.**
**SUPPORT COSTS**
Governance
Management
Finance
costs
£
£
£
Provision of youth club, activities and
community welfare
**22,945**
**-**
**-**
Premises rental and hire
**101,966**
**2**
**-**
Governance costs
**-**
**-**
**1,020**
**124,911**
**2**
**1,020**|30.9.23
£
80,313|
|---|---|
||30.9.23
£
8
30.9.23
£
873
Totals
£
**22,945**
**101,968**
**1,020**|
||**125,933**|
Due to increased use of halls for grant funded activities, utility costs increased and have been partially allocated to charitable activities accordingly on an approximate basis.
This applies to general wage costs, pensions, rates and water, insurance and licences and light and heat.
Support costs, included in the above, are as follows:
|**30.9.24**
Provision
of youth
club,
activities
and
Premises
community
rental
Governance
Total
welfare
and hire
costs
activities
£
£
£
**£**
Wages
**11,626**
**41,221**
**-**
**52,847**
Social security
**-**
**230**
**-**
**230**
Pensions
**408**
**1,444**
**-**
**1,852**
Rent payable
**-**
**3,873**
**-**
**3,873**
Rates and water
**750**
**803**
**-**
**1,553**
Insurance and licences
**1,500**
**5,263**
**-**
**6,763**
Carried forward
**14,284**
**52,834**
**-**
**67,118**|30.9.23
Total
activities
£
**44,169**
**-**
**1,447**
**3,873**
**2,161**
**6,594**|
|---|---|
||**58,244**|
continued...
Page 9
**RAINHAM ORGANISERS FOR YOUTH ACTIVITY LEADERS**
**Notes to the Financial Statements - continued for the Year Ended 30 September 2024**
## **6. SUPPORT COSTS - continued**
|**SUPPORT COSTS - continued**||
|---|---|
|**30.9.24**
Provision
of youth
club,
activities
and
Premises
community
rental
Governance
Total
welfare
and hire
costs
activities
£
£
£
**£**
Brought forward
**14,284**
**52,834**
**-**
**67,118**
Light and heat
**4,500**
**4,369**
**-**
**8,869**
Telephone
**-**
**1,104**
**-**
**1,104**
Professional - other
**-**
**1,369**
**-**
**1,369**
Repairs & maintenance
**-**
**22,892**
**-**
**22,892**
Establishment - cleaning
**3,500**
**17,434**
**-**
**20,934**
Office expenses - other
costs
**150**
**437**
**-**
**587**
Sundry other costs
**169**
**-**
**-**
**169**
Training costs
**-**
**120**
**-**
**120**
Depreciation of tangible and
heritage assets
**154**
**1,233**
**-**
**1,387**
Loss on sale of tangible
fixed assets
**188**
**125**
**-**
**313**
Interest payable and similar
charges
**-**
**49**
**-**
**49**
Bank charges
**-**
**2**
**-**
**2**
Accountancy - independent
examiner
**-**
**-**
**1,020**
**1,020**
**22,945**
**101,968**
**1,020**
**125,933**|30.9.23
Total
activities
£
**58,244**
**10,148**
**1,788**
**1,344**
**6,627**
**12,813**
**452**
**320**
**270**
**1,144**
**-**
**-**
**-**
**990**|
||**94,140**|
## **7. TRUSTEES' REMUNERATION AND BENEFITS**
Trustees Remuneration
S. Sheen billed the charity fees to cover time provided for specific grant funded projects required by grantors for the year ended 30 September 2024 totalling £7,110 ( 2023 £3,817).
In addition, S Sheen runs a small weekly toddler group at the ROYALS for which rental is waved due to the significant contribution in time to the running of the ROYALS and work with children attending events organised by the ROYALS over and above the fees charged..
The annual cost of use of the halls to any other children's group would be £1,875.
As detailed in note 16, the equivalent amount of unremunerated hours donated to the charity by S Sheen far exceeds the rental waved.
continued...
Page 10
**RAINHAM ORGANISERS FOR YOUTH ACTIVITY LEADERS**
**Notes to the Financial Statements - continued for the Year Ended 30 September 2024**
## **7. TRUSTEES' REMUNERATION AND BENEFITS - continued**
## **Trustees' expenses**
Travel expenses were reimbursed to one trustee totalling £545 over the year. (2023: £806)
## **8. STAFF COSTS**
|Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Office management and support
Youth and project workers|**30.9.24**
**£**
**94,593**
**230**
**1,852**
**96,675**
**30.9.24**
**3**
**5**
**8**|30.9.23
£
75,770
-
1,447|
|---|---|---|
|||77,217|
|||30.9.23
3
5
8|
No employees received emoluments in excess of £60,000.
## **9. ACCOUNTANT/INDEPENDENT EXAMINERS COSTS**
Costs for assistance with the preparation and examination of accounts from books and records totalled £1,020 (2023: £990). Further costs paid for payroll services amounted to £994 (2023: £804).
continued...
Page 11
**RAINHAM ORGANISERS FOR YOUTH ACTIVITY LEADERS**
**Notes to the Financial Statements - continued for the Year Ended 30 September 2024**
|**10.**|**TANGIBLE FIXED ASSETS**|||
|---|---|---|---|
||||Fixtures,|
||||fittings|
||||& equipment|
||||£|
||**COST**|||
||At 1 October 2023||**22,075**|
||Additions||**2,673**|
||Disposals||**(1,195)**|
||At 30 September 2024||**23,553**|
||**DEPRECIATION**|||
||At 1 October 2023||**17,499**|
||Charge for year||**1,388**|
||Eliminated on disposal||**(882)**|
||At 30 September 2024||**18,005**|
||**NET BOOK VALUE**|||
||At 30 September 2024||**5,548**|
||At 30 September 2023||4,576|
|**11.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|||**30.9.24**|30.9.23|
|||**£**|£|
||Trade debtors|**858**|2,893|
||Other debtors|**55**|-|
||Prepayments|**5,995**|2,226|
|||**6,908**|5,119|
|**12.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|||**30.9.24**|30.9.23|
|||**£**|£|
||Trade creditors|**2,528**|613|
||Taxation and social security|**868**|1,235|
||Other creditors|**2,952**|4,489|
|||**6,348**|6,337|
continued...
Page 12
**RAINHAM ORGANISERS FOR YOUTH ACTIVITY LEADERS**
**Notes to the Financial Statements - continued for the Year Ended 30 September 2024**
## **13. LEASING AGREEMENTS**
Minimum lease payments under non-cancellable operating leases fall due as follows:
|Within one year
Between one and five years
In more than five years|**30.9.24**
**£**
**46,544**
**82,438**
**146,842**
**275,824**|30.9.23
£
32,292
79,893
167,512|
|---|---|---|
|||279,697|
Whilst a new lease for the property had been agreed in principle, the lease had not been fully signed at the date of signing the accounts.as the annual increases proposed have not yet been accepted.
However, based on the new lease presently on the table, amounts potentially in arrears have been included as due within one year above and no provision included in the accounts.
## **14. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|||||**30.9.24**|30.9.23|
|---|---|---|---|---|---|
||Unrestricted|Restricted||Total|Total|
||fund|funds||funds|funds|
||£|£||**£**|£|
|Fixed assets|**5,548**||**-**|**5,548**|4,576|
|Current assets|**40,414**||**-**|**40,414**|67,599|
|Current liabilities|**(6,348)**||**-**|**(6,348)**|(6,337)|
||**39,614**||**-**|**39,614**|65,838|
|**MOVEMENT IN FUNDS**||||||
|||||Net||
|||At||movement|At|
|||1.10.23||in funds|30.9.24|
|||£||£|£|
|**Unrestricted funds**||||||
|General fund||**65,838**||**(26,224)**|**39,614**|
|**TOTAL FUNDS**||**65,838**||**(26,224)**|**39,614**|
## **15. MOVEMENT IN FUNDS**
continued...
Page 13
**RAINHAM ORGANISERS FOR YOUTH ACTIVITY LEADERS**
**Notes to the Financial Statements - continued for the Year Ended 30 September 2024**
## **15. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|Incoming
resources
£
**Unrestricted funds**
General fund
**151,856**
**Restricted funds**
Youth club activity fund
**1,400**
Community welfare
**20,880**
**22,280**
**TOTAL FUNDS**
**174,136**
**Comparatives for movement in funds**
At
1.10.22
£
**Unrestricted funds**
General fund
57,650
**TOTAL FUNDS**
57,650
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
131,133
**Restricted funds**
Youth club activity fund
1,395
Community welfare
19,724
21,119
**TOTAL FUNDS**
152,252|Resources
Movement
expended
in funds
£
£
**(178,080)**
**(26,224)**
**(1,400)**
**-**
**(20,880)**
**-**
**(22,280)**
**-**
**(200,360)**
**(26,224)**
Net
movement
At
in funds
30.9.23
£
£
8,188
65,838
8,188
65,838
Resources
Movement
expended
in funds
£
£
(122,945)
8,188
(1,395)
-
(19,724)
-
(21,119)
-
(144,064)
8,188|
|---|---|
continued...
Page 14
**RAINHAM ORGANISERS FOR YOUTH ACTIVITY LEADERS**
**Notes to the Financial Statements - continued for the Year Ended 30 September 2024**
## **15. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Net
At
movement
At
1.10.22
in funds
30.9.24
£
£
£
57,650
(18,036)
39,614
57,650
(18,036)
39,614|Net
At
movement
At
1.10.22
in funds
30.9.24
£
£
£
57,650
(18,036)
39,614
57,650
(18,036)
39,614|
|---|---|---|
|||39,614|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Youth club activity fund
Community welfare
**TOTAL FUNDS**|Incoming
resources
£
282,989
2,795
40,604
43,399
326,388|Resources
Movement
expended
in funds
£
£
(301,025)
(18,036)
(2,795)
-
(40,604)
-
(43,399)
-
(344,424)
(18,036)|Resources
Movement
expended
in funds
£
£
(301,025)
(18,036)
(2,795)
-
(40,604)
-
(43,399)
-
(344,424)
(18,036)|
|---|---|---|---|
||||-|
||||(18,036)|
## **16. RELATED PARTY DISCLOSURES**
One trustee utilised the centre halls and contributed to premises rental and hire as follows:
S Sheen toddler group - £1,875 (2023 £2,250) - trustee S Sheen. - fee waved in recognition of services donated (see below)
S. Sheen regularly contributes many hours to the youth centre to assist with the children and receives a reimbursement for expenses incurred for travel costs (see note 7).
Time spent at minimum wage would equate to approximately £1,460 per month (for every month of the year) and this therefore represents a substantial donation for which the centre and other trustees are extremely grateful.
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