2022-03-31-accounts - The Ensign Youth Club

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TRUSTEES REPORT AND STATEMENT OF FINANCIAL ACTIVITIES FORTHEYEARENDED31MARCH2022 FOR THEENSIGNYOUTH CLUB ACOMPANYLIMITED BYGUARANTEE CHARITY NUMBER: 1 048047 COMPANY NUMBER: 3072726

THEENSIGNYOUTH CLUB CHARITY NUMBER:1048047

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

	Page
Legal and adminstrative information	l
Report of the Trustees	2-4
Report of the Accountant	5
Statement of financial activities	6
Balance Sheet	7
Notes to the Financial Statements	8-9
Income and Expenditure Account	10

THEENSIGN YOUTH CLUB CHARITY NUMBER:1048047 DIRECTORSANDTRUSTEES FORTHEYEAR ENDED31 MARCH2022

MANAGEMENTCOMMITTEE

Chairperson Vice Chairperson Treasurer Secretary

Member

M ujibur Rahman Ashraf M ujahid Nazrul Islam Suhed Aklas

Syeda Rowji Begum

DIRECTORSANDTRUSTEES

Director & Trustee Director & Trustee Director & Trustee Director & Trustee

ADDRESS

CHARITY REGISTRATION NUMBER

COMPANYNUMBER

ACCOUNTANT

BANK

Suhed Aklas Mujibur Rahman Abdullah Faliq Ashraf Mujahid

Wellclose Square Off the Highway London, EI 8HY Tel:020 77023340 E-mail: info@ensign.org.uk

1048047

3072726

Shahidullah & Co Chartered Certified Accountants 299A Bethnal Green Road London E2 6AH

Lloyds TSB Bank 3-5 Whitechapel Road London ElIDU

THEENSIGNYOUTH CLUB CHARITY NUMBER: 1 048047

FOR THE YEAR ENDED 31 MARCH 2022

Governing Documents

The Ensign Youth Club is a registered charity, constitute as a company limited by guarantee and not having a share capital. The charity is governed by its Memorandum and Articles of Association June 1995

Trustees and Directors

The Management Committee consists of 4 Trustees/directors and other I member. The Management committee is pleased to present their report and accounts for the year ended 31 March 2022.

Organisation

The board of 4 trustee/directors and I member administers the organisation, the Board of management committee generally meets every six weeks and there are sub-committee covering Personal and Financial. Educational & Training, Capacity building & Developments.

Risk Management

The trustees have a risk management strategy, which comprise the following areas

An annual review of the risk the charity may face
The establishment of systems and procedures to mitigate those risks identified in the plan And the implementation of such procedures designed to minimize any potential impact the charity should those risk materials.

The work has identified only a few minor risks, but it has resulted in better emergency procedures and contingency plans and has given the impetus for better planning. Particular attention has focused on financial risks arising from fund raising strategy. There also another key element in the management of financial risk is the setting of a reverses policy and its regular review by trustees.

THEENSIGNYOUTH CLUB

CHARITY NUMBER: 1 048047

FORTHEYEAR ENDED31MARCH2022

Aim aDd Objectives

To provide recreational facilities for disadvantage communities in the interest of social welfare with the object of improving their condition in life.

Financial Review

In 2021 the trustees have carried out a detailed review of the charitable activities and produced a comprehensive strategic plan for the charity. The strong results for this year have demonstrated the value of this view and of the practice of monitoring progress against the strategic plan.

Investment Powers and Policy

The trustees are empowered to invest the charity's funds which are to be spent in the short term and there are no long-term funds or advance funds which can be invested in the money market.

Plan forthe Future Periods

The charity plans to continue the activities outlined above in the forthcoming years subject to the satisfactory funding arrangements. The organisation intends to strength its link with the Local community with its partners and fund providers.

THEENSIGN YOUTH CLUB

CHARITY NUMBER: 1048047

FORTHEYEAR ENDED31MARCH2022

STATEMENTS OF TRUSTEES RESPONSIBILITIES

The trustees are required by law to prepare financial statements for each financial year which give a true and fair view of the charity and of the results for that period. In preparing those financial statements, the Directors are required to:

Select suitable accounting policies, then apply them consistently
Make a judgement and estimates that are reasonable and prudent
Prepare financial statements on the going concern basis. Unless it is inappropriate to presume that the trustee will continue its operation
State whether applicable accounting standards, policies and then apply them consistently.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. 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.

ACCOUNTANT

In accordance with Part 1 5 of the Companies Act 2006, a resolution for the appointment of Shahidullah & Co, Chartered Certified Accountants, was approved at the Annual General Meeting.

Approved

This report was approved by the trustees on the

.and signed on their behalf

Mr Suhed Aklas

(Director & Trustee)

THEENS]GNYOUTHCLUB CHARITY NUMBER: 1048047 FOR THE YEAR ENDED 31 MARCH 2022

INDEPENDENT EXAM:INERT'S REPORT TO TRUSTEES OF THE ENSIGN YOUTH CLUB

T report on the accounts of THE ENSIGN YOUTH CLUB for the year ended 3 I March 2022, which are set out on pages 6 to I O.

Respective responsibilities of trustees and examiner

The Charity's trustees are responsible for the preparation of the accounts. The Charity's trustees consider that an audit is not required for this year (under section CC32 and 383 of the Charities Act 20 16) and that an independent examination is needed. It is my responsibility to:

1 . examine the accounts under section CC32 of the Charities Act 20 1 6;
follow the procedures laid down in the General Directions by the Charity Commissioners under section CC32 of the Charities Act 2016;
To state whether particular matters have come to my attention.

Basis on Independent Examiner's report

My examination was carried out in accordance with the General Direction given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosure in the accounts and seeking explanations from you as trustees conceming any such matters. The procedure undertakes do not provide all the evidence that would be required in an audit, and consequently I do not express audit opinion on the view given by the accounts.

Independent Examiner's Statement

Tn connection with my examination, no matters to come my attention

l which gives me reasonable cause to believe that any material respects the requirements
e to keep accounting records in accordance with section CC 16 of the charities Act 2016: and
e to prepare accounts which accord with accounting records and comply with the accounting requirements of the Charities Act 201 6, have not been met, or
2 To which my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Shahidullah & Co Chartered Certified Accountants 299A Bethnal Green Road London E2 6AH

THE ENSIGN YOUTH CLUB CHARITY NUMBER:1048047

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022

		Restricted	Unrestricted	Total	Total
	Notes	Funds	Funds	31.03.2231.03.21
Income		£	£ £ £ 76105 7610512662
Hall Hire
East End Emmergency Fund					13,000
Donations					1,941
Parking			3,675	3675	1,680
Badminton			13*551	13551	1,918
LBTH- Mainstream Launch Club
East End Community Foundation LBTH	4+8	11934			15*770
East End Community Fund Co-op					5,000
Axis Foundation	4+8	475
London Community response					19,864
Nationllotteryfund					lO,ooo
Neighbourley					400
Tower Hamlets- Dicreationary					lO,ooo
Turk's Head Charity					2,000
NearNeighbour					1.400
Interest Income			16	16	B8
		12,409	93,347.0	105,756	95.723
Total Incoming Resources	8	12,409	93,347	105,756	95,723
Resources Expended
Charitable Activities	5	81,517		81,517	60,783
Direct Charitable expenditure		81.517		81,517	60.783
Gross incoming/(outgoing resources)			24.239	24.239	34.940
Governance Costs & Centre Core Costs
Net incoming/ outgoing resources before transfer			24,239	24,239	34.940
Gross transfer between funds
Net Incoming/ outgoing resources after transfer			24.239	24.239	34.940
Reconciliation of Funds
Funds brought forward		412.965	24.239	437.204	34.940
Funds carried forwa rd		412.965	24,239	437.204	34.940

THEENSIGN YOUTH CLUB CHARITY NUMBER:1048047 BALANCESHEET AS AT31 MARCH2022

				Total	Total
			Notes	31.03.22	31.03.21
				£	£
FIXEDASSETS
Tangible assets			6	217.189	226.700
CURRENTASSETS
Bank account -Current	account num: 249880			16,935	9,655
Bank account - Deposit account num: 07033484				171,332	161,316
Lloyds bank				30,000	15,000
Cash in hand				2.086	33
				220,353	186,004
CURRENT LIABILITIES
Creditors falling
due within one year	(LESS)		7	5,425	4,827
NET CURRENT ASSETS/(UABIUTIES)				214.928	181.177
Total asset less current liabilities				432,117	407.877
Creditors falling due after more than I year		(LESS)		-381,539	381,539
NET ASSETS/LIABILITIES				50,578	26,338
CAPITALAND RESERVES
Profit and loss account				50,578	26,338
Shareholderfund				50,578	26,338

The trustees have prepared the accounts in accordance with section 1 32 and 1 33 of the Charities Act 2016. These accounts are prepared in accordance with the special provision of Part 15 of the Companies Act2006C

Approved by Trustees on

and signed on behalf

Suhed Aklas Director

THEENSIGNYOUTH CLUB CHARITY NUMBER; 1 048047 NOTESTOTHEFINANCIALSTATEMENTS FORTHEYEARENDED31 MARCH2022

l

Accounting Policies

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the statement of recommanded practice (SORP) FRS-102, Charities act 2016 and Companies Act 2006.

Tangible fixed assets

Tangible fixed assets are stated cost less depreciation .Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

25 % On cost Plant & Machinery 25 % On cost Fixture & fittings Leasehold Land & Building

Over the lease term

2 Excess/Deficit of funds

The excess/deficit of funds is stated after charging

Depreciation-owned assets

31.03.22	31.03.21
£	£
l0.330	10.167

3 Sub-contract & Volunteer costs

Includes payments made to both sub-contracts & volunteers who provided direct charitable service and those who were involved in management of the charity.

			31.03.22	31.03.21
			£	£
Sub-contracts & Volunteers			37,294	25.991
Donation & Grants
	Restricted	Unrestricted
	Funds	Funds	31.03.22	31.03.21
	£	£	£	£
Hall Hire		76,105	76,105	12.662
Grants	12,409		12,409	43,734
Donations				1.941
Parking		3,675	3.675	1.680
Badminton		13,551	13,551	1,918
East Eand Community Foundation Interest Income		16	16	33,700 88
	12.409	93.347	105.756	95,723

4 Donation & Grants

THEENSIGNYOUTH CLUB CHARITY NUMBER:1048047 NOTESTOTHEFINANCIALSTATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

5 Charitable Activities Cost

Charitable Activities Cost
	Restricted	Unrestricted
	Funds	Funds	31.03.22	31.03.21
	£	£	£	£
Summer Project Awards for All
London Council(Community Grant)
LBTH MSG Lunch Club				9,120
East End Community Fund Co-op				5.000
East End Community Fund-LBTH Axis Foundation	11,934 475		11,934 475
Youth Session
BBC Children in Need
Jack Petchey
LBTH MSG Sky High Grant

		12.409		12.409	14,120
6	Tangible Fixed Assets
		Leasehold	Plant &	Fixture
		Property	machinery	and fittings	Total
	Cost
	At I April 2021	542.156	14.666	8.926	565.748
	Additions		819	1,329	2,148
	At 31 March 2022	542.156	15,485	l0,255	567.896
	Depriciation
	At I April 2021 Charge for year	316.892 9,512	14,542 163	8,943 655	340.377 l0.330
	At 31 March 2022	326.404	14,705	9,598	350.707
	N et Book Value
	At 31 March 2022	215.752	780	657	217.189
	At I April 2021	244.288	780	1,312	226.700
7	Creditors: Amount Falling
	Due Within One Year
				31.03.22	31.03.21
				£	£
	Accrual wages
	Social Security & other taxes
	Accured expenses			3,500	2,900
	Refundable deposit
	Credito rs control account			1,925	1,927
				5,425	4.827
8	Restricted Grants
	Tod Grants received			12.409
	Less Expenses Balance carried forward			9.201 3.208

6 Tangible Fixed Assets

THEENSIGNYOUTH CLUB CHARITY NUMBER:1048047 STATEMENT OF FINANCIAL ACTIVITIES FORTHEYEAR ENDED31 MARCH2022

			31.3.22	31.3.21
	Restricted	Unrestricted	Total	£		£
	Funds	Funds
	£	£	£
Income
Hall Hire		76.105	76,105	12	662
East End Emmergency Fund				13	000
Donations				l	941
Parking		3,675	3.675	l	680
Badminton		13,551	13,551	l	918
East End Community Foundation LBTH	11,934			15	770
East End Community Fund Co-op				5	000
London Community response				19	864
Nationl lottery fund				10	000
Neighbourley					400
Tower Hamlets- Dicreationary				10	000
Turk's Head Charity				2	000
Near Neighbour				l	400
Axis Foundation	475
Interest Income		16	16		88
	12,409	93,347	105,756			95,723
			105.756			95.723
DirectCharitable expenditure
Gross surplus/deficit of funds			105.756			95.723
Governance Cost
Sub-contract & Volunteers		37,294	37,294	25,991
Accountants fees		1.200	1,200	1,200
License & Insurance		2,511	2,511	2.324
		41,005	41,005			29,515
Centre Core Costs
Rent. rates & water		200	200		300
Light & heat		2,613	2.613	2,415
Telephone & fax		723	723		734
Post, printing & stationary		232	232
Repair & renewals		21.194	21,194	8,246
Website Maintenance		145	145
Data protection cost		40	40
Facilities Hire				2.304
Refreshment		3,117	3,117	5,275
Subscriptions
Cleaning		1,622	1,622	1,827
Bank charges
Sundry expenses		12	12
Alarm and security		284	284
Legal & Professional fees
		30,182	30.182			21,101
Depreciation :
Leaseholdland & building		9,512		9.512		9,512
Plant & machinery		163
Fixture & fittings		655			655
			l0,330			lO,167
Totalexpenditure			81,517			60.783
SURPLUS OF INCOME OVER EXPENDITURE			24,239			34.940