WALTON YOUTH & COMMUNITY PROJECT RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2024 Charity Registration No. 1057446
WALTON YOUTH & COMMUNITY PROJECT STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST IVIARCH.2024 31st March,2024, 31st March-2023 Tangible fixed assets Currp,nt Assets -. Monetary assets Cash at Bank and in Hand Current Liabilities Creditors and Accruals (1,728) (5,022) Net asset Total Assets 101,906 105,138 Approved y the Trustees Trevor Latham TTUStee
WALTON YOUTH & COMMUNITY PROJECT NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 Legal Status Walton Youth & Community Project (Formerly Walton Youth Project) is a charity registered on 8th August 1996, charity number 1057446. It is governed by a constitution adopted 8th June 1994 and emended 18th September 1995, 10th July 1996, and 11th November 2017. 2. Accounting Policies Basis of Accounting The accounts have been prepared on a receipts and payments basis. Taxation The charity has taxable status and is thus exempt from taxation of its income and gains falling within Section 505 of the Taxation Act 1988 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that they are applied to its charitable objectives. Fixed Assets Capital expenditure is stated in the statement of assets and liabilities at cost less accumulated depreciation. Depreciation is provided to write off the cost of each asset over its expected useful life as below.. Fixtures & Fittings 20 % per annum reducing balance basis. Motor Vehicle 200/0 per annum reducing balance basis.
WALTON YOUTH & COMMUNITY PROJECT NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 3. Restricted funds Movements in the Year Income Expenditure 2024 Funds at Beginning of year Funds at End of year Cash for Kids Citizen Advice Liverpool Household Support Fund Julia and Hans Rausing Trust LCVS Community Impact Fund Lidl Community Fund Liverpool City Council Liverpool FC Foundation Liverpool One Foundation Mpac Skelton Charity steve Morgan Foundation 549 (110) 439 7,427 (7,427) 652 491 (136) (98) (1.500) (5,517) (4,507) (14,430) (28,872) 516 393 1,500 5,724 4,507 14,430 28,000 1,563 23,833 207 4,358 3,486 1,563 302 (23,531) 6,050 86,984 (86,128) 6,906
WALTON YOUTH & COMMUNITY PROJECT NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 Movements in the Year Income Expenditure 2023 Funds at Beginning of year Funds at End of year Aldi Winter Fund Cash for Kids Feeding Liverpool Household Support Fund Healthy Activity and Food Julia and Hans Rausing Trust LCVS Community Impact Fund LCVS Holiday Activities and Food Liverpool One Foundation Merseyside Community Cashback Mpac M&S Gifting Grant P H Holt Foundation Steve Morgan Foundation 1,000 (1,000) (137) 686 549 3,410 (3,410) 20,500 (16,447) (333) (123) 4,053 652 491 985 614 6,995 {6,995) 14,430 (14,430) 4,500 (4,500) 381 5,500 1,000 (5,576) (1,000) (245) (26,833) 305 245 26,833 17,341 69,738 (81,029} 6,050 These are monies given to the Charity to be spent at the discretion of the Board of Trustees for specific charitable purposes.
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WALTON YOUTH & COMMUNITY PROJECT report on the accounts of the charity for the year ended 31$1 March 2024 which are set out on pages 1 to 5. Res eGtive res onsibilities 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 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to.. examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and to state whether particular matters have come to my attention. Basis of inde endent examiner's statement My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit. and consequently no opinion is given as to whether the accounts present a 'true and fair, view and the report is limited to those matters set out in the statement below. Inde endent examiner's statement In connection with my examination. no matter has come to my attention: (1) which gives me reasonable cause to believe that in any material respect the requirements.. to keep accounting records in accordance with section 130 of the Charities Act. to prepare accounts which accord with the accounting records and, comply with the accounting requirements of the Charities Act have not been met., or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Name: Ying Huang Relevant professional qualification or body: FCCA Address: c/0 LCVS 151 Dale Street, L2 2AH 1024 Dated..