COMPANY REGISTRATION NUMBER: 03358633 CHARITY REGISTRATION NUMBER: 1062220
COVENTRY BOYS AND GIRLS CLUB LTD Company Limited by Guarantee
Unaudited Financial Statements
31 March 2022
COVENTRY BOYS AND GIRLS CLUB LTD
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2022
| Page | |
|---|---|
| Trustees' annual report (incorporating the director's report) | 1 |
| Independent examiner's report to the trustees | 7 |
| Statement of financial activities (including income and | |
| expenditure account) | 8 |
| Statement of financial position | 9 |
| Statement of cash flows | 10 |
| Notes to the financial statements | 11 |
COVENTRY BOYS AND GIRLS CLUB LTD
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 31 March 2022
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2022.
Reference and administrative details
| Registered charity name | COVENTRY BOYS AND GIRLS CLUB LTD |
|---|---|
| Charity registration number | 1062220 |
| Company registration number | 03358633 |
| Principal office and registered | 50 Whitefriars Street |
| office | Coventry |
| West Midlands | |
| CV1 2DS | |
| Trustees | Mr P M Williams (Finance Director) |
| Mr B T Williams (Secretary) | |
| Mr A Meknassi | |
| Ms L J Campbell | |
| Mrs L Ward | |
| Ms N Bahia | |
| Ms S Sparks | |
| Company Secretary | Mr B T Williams |
| Independent Examiner | John Chapman FCCA |
| Chapman & Co | |
| 28 Delaware Road | |
| Coventry | |
| West Midlands | |
| CV3 6LX |
1
COVENTRY BOYS AND GIRLS CLUB LTD
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2022
Structure, governance and management
Organisational structure
The company was established under a Memorandum of Association dated 7th April 1997 which established the objects and powers of the charitable company and is governed by its Articles of Association. The trustees guarantee to contribute an amount not exceeding £20 to the assets of the company in the event of winding up. Under the Memorandum of Association, the management of the company is undertaken by a board of directors.
Board of Directors and Trustees and Management
The Board was initially operating in the year with on-line Zoom meetings but more recently at the Club. A major review of the management of the Club was undertaken following the resignation of the General Manager to work with CV Live, he has maintained contact and ensured a smooth transition.
In January 2022 the Directors quickly established a new team of four managers from existing staff members each having their own area of responsibility, Administration, Finance, Catering and Youth Services. They meet each week and have created a strong bond with effective management, creating new ideas and initiating some exciting developments.
The Board will continue to monitor their progress and believes that 2022/23 will see the Club grow its reputation for youth provision within the City
Objectives and Activities
Charitable objects
Coventry Boys and Girls Club is a registered charity which exists to assist young persons, through their leisure time activities, to develop towards their full potential, particularly in their physical, mental, and spiritual capacities so that they may continue to grow in maturity as individuals and members of society and that their quality of life may thus be improved.
Public benefit
The Trustees have considered the Charity Commission guidance on public benefit. There are approximately 400 members on the roll. The Club continues to work to attract more female members and to extend its reach across Coventry through outreach programmes. The trustees, management, staff and volunteers continue to be committed to ensuring the widest possible participation in the activities on offer.
Strategic report
The following sections for achievements and performance and financial review form the strategic report of the charity.
Achievements and performance
Since the lifting of lockdowns and easing of restrictions we have seen how important and needed open access youth provision is. There has been a huge growth in young people attending sessions particularly the engagement of 12-19-year-olds with numbers reaching as many as 86 on a single youth club session. There has been a huge growth in those wanting to take part in music workshops.
2
COVENTRY BOYS AND GIRLS CLUB LTD
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2022
Achievements and performance (continued)
We have continued to work hard over the last 12 months to develop new relationships and partnerships. We have also maintained and built on existing relationships. Key partners include
Coventry Youth Offending Service Coventry City Council Coventry University Family Hubs Media Mania Aptitude CIC Positive Youth Foundation Belgrade Theatre West Midlands Police COV - Creative Optimistic Visions Primary and Secondary Schools across Coventry Dare to Dream Coventry and Warwickshire Horizon Teams British Red Cross UK Youth Warwickshire Youth Justice James Brindley Foundation Street Games Snow Camp Charity
What have we been doing?
Snow Camp - Over the last 12 months some of our young people have taken part in numerous educational programmes run by the Snow Camp Charity. Four progressed from the 2 day ‘First tracks’ beginners course in July 2021. In November the young people were invited back to the 6 weeks ‘Excel’ programme running from October to November 2021 with all of them passing the required level to progress to the 10-week instructor's course. From February 2022 the young people were taking part in weekly training at Tamworth Snow Dome in preparation for their residential course in Italy in April 2022 where they completed their qualification in becoming snow sports instructors. The cost of the programme was £1,000 each for the 10-week programme which is inclusive of residential costs, safeguarding training and first aid. However, the Snow Camp Charity part funded these, reducing costs to £250 per young person with one young person receiving a fully funded scholarship.
Summer HAF Programme - CBGC delivered its first ever holiday club from 2nd August to 27th August 2021. This saw staff deliver 4 weeks of holiday provision for children aged 7-12. The camp was part funded by Coventry City Council (CCC) for those who were in receipt of free school meal related benefits. We also opened the programme up so it was accessible to all families and charged a small fee for those who weren't eligible for the free places through CCC. We had on average 35 children a day attending the camp. We provided breakfast, snack and lunch and a range of activities which were both educational and enjoyable.
CBGC Family Fun Day - To close the summer of 2021 of we hosted a family fun day with a range of activities for children and young people. We had face painting, inflatables, live music, comedy, poetry, magicians, bhangra dancing just to name a few. We had over 100 people attend including the Lord
3
COVENTRY BOYS AND GIRLS CLUB LTD
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2022
Achievements and performance (continued)
Mayor. We had great feedback from all participants.
CBGC Urban Night - In August 2021 we hosted our very first music event which saw local musicians, organisations and young people come together to provide an open mic night. The event was a huge success with over 80 young people attending.
Young Person's Journey (case study ) - One young person has struggled with his identity having been associated to a gang through family links. He is a very driven and clever individual with a secret passion for spoken word and poetry which he was unaware of prior to his one-to-one sessions. Over the last 12 months this young person's confidence has grown and he is no longer afraid to show his talent. His commitment to the programme is evident in his attendance with him never missing a session and always being engaged.
As part of his mentoring, he was challenged to create a spoken word piece from a female perspective, which he has achieved with great story telling and empathy. He has now written 3 songs and is working on a short film which tackles the issues and inequalities he has experienced, from domestic abuse and mental health issues to drug abuse and violence. This short film will be created into an interactive video/presentation to highlight issues in society that are faced by many and will be used in schools. We are funding his work from the Coventry Arts Fund.
Youth Provision at CBGC
Youth Café (Age 12-19) Music Workshops (Age 12-19) Cooking Workshops (Age 10-14) Holiday Provision including HAF (Age 7-14) Young Women's Group (Age 14-19) The MAC Project (Age 14-19) Community Outreach and Engagement Sessions (Age 7-17) Box Fit Sessions (Age 12-19)
We have worked hard to make sure we increase engagement of young people throughout sessions with some sessions growing quicker than others. Youth provision engagement statistics are set out below;
Number of young people registered – 485 Number of new young people in the last 12 months – 94 Number of weekly sessions delivered at CBGC – 7 Average weekly attendances at CBGC – 159 Average weekly mentoring sessions at CBGC – 14 Highest attendance at CBGC – 86 Number of weekly sessions (external) – 4 Average weekly attendance (external) – 70 Highest attendance (external) – 20
4
COVENTRY BOYS AND GIRLS CLUB LTD
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2022
Achievements and performance (continued)
The Music and Change Project (MAC)
During the last 12 months we have continued to develop The MAC Programme. The programme continues to work with an array of young people who face a range of issues and barriers, the most common being young people at risk from or being involved in gangs including county lines, CSE, knife crime, family breakdown and mental health concerns.
The programme has continued to have great success and delivery has grown massively over the last 12 months. We have had to employ 2 sound engineers to cope with demands or music needs from mentees and an additional mentor to deliver one to one sessions. We have ongoing contracts with Coventry Youth Offending Service and Coventry Horizon, as well as Warwickshire Youth Justice Board and the Warwickshire Horizon team. These bodies are invoiced for hours at £30ph.
The team have also built great relationships with other organisations and are currently taking referrals from Positive Youth Foundation (PYF) and Family Hubs. We are also working closely with schools across Coventry where we charge £16.50 per staff per hour. The MAC Project is becoming a sustainable strand of CBGC. However, it still has a long way to go until incomings exceed outgoings. Statistics for MAC project engagement are below;
One to one sessions delivered - 14 (weekly) School group mentoring sessions delivered - 4 (weekly) MAC Project weekly engagement - 84
MAC Project partners include
Local Authority and Statutory Organisations
Coventry Youth Offending Service Coventry Horizon Team Warwickshire Horizon Team Warwickshire Youth Justice Board West Midlands Police Coventry City Council
Schools
Bishop Ullathorne Catholic Dovetree School (SEN) Cardinal Wiseman Catholic Woodfield School Willenhall Primary Sidney Stringer Academy (05/22) Grace Academy (05/22) Gosford Park Primary (05/22) Stoke Heath Primary (05/22) Kenilworth School (05/22) Blue Coat Church of England (05/22)
5
COVENTRY BOYS AND GIRLS CLUB LTD
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2022
Achievements and performance (continued)
Coventry Youth Partnership
CBGC continues to play an active part of the Coventry Youth Partnership (CYP). However, the last few months have been spent playing catch up on all things CYP. Following meetings, it’s clear that CYP is struggling to attain additional funding to continue the CYP group post summer 2022. However, all members are working hard proposing future plans as to what the new CYP may look like if we are unable to secure additional funding.
Moving forward and what we are planning?
Open Access Youth Provision
The team are working hard to ensure we are providing meaningful and educational as well as enjoyable youth provision. We have an outline programme which will take us to the summer holidays where we are hoping to deliver both a daytime summer camp in partnership with Coventry City Council and open access evening provision. One area we need to review is the provision for the 12-19 age group. We are seeing a huge rise in numbers which is requiring more staff on sessions. The risk associated to that age group is much greater than others due to the backgrounds of some of the young people. The more schools we go to with The MAC Project then the greater number of young people are attending sessions and this does increase the risk of conflict amongst them. We aim to add 16+ Youth Club, LGBTQ+ Chat Group, Educational Workshops and Social Action projects.
Financial review
A total of nearly £100K of grants funded many projects and these have not all have been spent in full resulting in a balance left in restricted funds to continue into 2022/23. Monies received from the Coronavirus Job Support Scheme (‘furlough’) totalled £47,157 in the year which greatly helped reduce the burden of the club being closed due to Covid lockdowns. The charity's reserves of £207,808 excluding fixed assets (2021: £188,464) are to fund future charitable activities in line with the Memorandum of Association and in accordance with the Charity Commission recommendations for a charity of our size. The trustees have reviewed their policies on the balances held in reserve and are endeavouring to maintain and increase these to leave sufficient to provide stability of the Club for future years.
The trustees' annual report and the strategic report were approved on 21 November 2022 and signed on behalf of the board of trustees by:
Mr P M Williams (Finance Director) Trustee
Mr A Meknassi (Trustee)
6
COVENTRY BOYS AND GIRLS CLUB LTD
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of COVENTRY BOYS AND GIRLS CLUB LTD
Year ended 31 March 2022
I report to the trustees on my examination of the financial statements of COVENTRY BOYS AND GIRLS CLUB LTD ('the charity') for the year ended 31 March 2022.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants (ACCA) which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
-
the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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.
John Chapman FCCA – Independent Examiner Chapman & Co Accountants and Tax Advisers Ltd 28 Delaware Road Coventry CV3 6LX
21 November 2022
7
COVENTRY BOYS AND GIRLS CLUB LTD
Company Limited by Guarantee
Statement of Financial Activities (including income and expenditure account)
Year ended 31 March 2022
| Year ended 31 March 2022 | |||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Unrestricted | Restricted | ||||
| funds | funds | Total funds | Total funds | ||
| Note | £ | £ | £ | £ | |
| Income and endowments | |||||
| Donations and legacies | 5 | 113,410 | 92,594 | 206,004 | 165,866 |
| Charitable activities | 6 | 35,153 | – | 35,153 | 16,293 |
| Other trading activities | 7 | 85,255 | – | 85,255 | 63,095 |
| Other income | 8 | 47,157 | – | 47,157 | 130,174 |
| -------------------------------- | ---------------------------- | -------------------------------- | -------------------------------- | ||
| Total income | 280,975 | 92,594 | 373,569 | 375,428 | |
| ================================ | ============================ | ================================ | ================================ | ||
| Expenditure | |||||
| Expenditure on raising funds: | |||||
| Costs of raising donations and | |||||
| legacies | 8,752 | – | 8,752 | 10,749 | |
| Costs of other trading activities | 108,168 | – | 108,168 | 40,367 | |
| Expenditure on charitable activities | 147,860 | 90,757 | 238,617 | 204,384 | |
| Governance costs | 2,813 | – | 2,813 | 3,213 | |
| -------------------------------- | ---------------------------- | -------------------------------- | -------------------------------- | ||
| Total expenditure | 267,593 | 90,757 | 358,350 | 258,713 | |
| ================================ | ============================ | ================================ | ================================ | ||
| -------------------------------- | ---------------------------- | -------------------------------- | -------------------------------- | ||
| Net income and net movement in funds | 13,382 | 1,837 | 15,219 | 116,715 | |
| ================================ | ============================ | ================================ | ================================ | ||
| Reconciliation of funds | |||||
| Total funds brought forward | 1,729,138 | 15,275 | 1,744,413 | 1,627,698 | |
| ----------------------------------------- | ---------------------------- | ----------------------------------------- | ----------------------------------------- | ||
| Total funds carried forward | 1,742,520 | 17,112 | 1,759,632 | 1,744,413 | |
| ========================================= | ============================ | ========================================= | ========================================= |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 11 to 18 form part of these financial statements.
8
COVENTRY BOYS AND GIRLS CLUB LTD
Company Limited by Guarantee
Statement of Financial Position
31 March 2022
| 2022 | 2021 | ||
|---|---|---|---|
| Note | £ | £ | |
| Fixed assets | |||
| Tangible fixed assets | 13 | 1,551,824 | 1,555,949 |
| Current assets | |||
| Stocks | 14 | 1,213 | 55 |
| Debtors | 15 | 16,775 | 21,353 |
| Cash at bank and in hand | 214,278 | 177,295 | |
| -------------------------------- | -------------------------------- | ||
| 232,266 | 198,703 | ||
| Creditors: amounts falling due within one year | 16 | 24,458 | 10,239 |
| -------------------------------- | -------------------------------- | ||
| Net current assets | 207,808 | 188,464 | |
| ----------------------------------------- | ----------------------------------------- | ||
| Total assets less current liabilities | 1,759,632 | 1,744,413 | |
| ----------------------------------------- | ----------------------------------------- | ||
| Net assets | 1,759,632 | 1,744,413 | |
| ========================================= | ========================================= | ||
| Funds of the charity | |||
| Restricted funds | 17,112 | 15,275 | |
| Unrestricted funds | 1,742,520 | 1,729,138 | |
| ----------------------------------------- | ----------------------------------------- | ||
| Total charity funds | 18 | 1,759,632 ========================================= |
1,744,413 ========================================= |
For the year ending 31 March 2022 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on 21 November 2022 and are signed on behalf of the board by:
Mr P M Williams (Finance Director) Trustee
Mr A Meknassi (Trustee)
The notes on pages 11 to 18 form part of these financial statements.
9
COVENTRY BOYS AND GIRLS CLUB LTD
Company Limited by Guarantee
Statement of Cash Flows
Year ended 31 March 2022
| COVENTRY BOYS AND GIRLS CLUB LTD Company Limited by Guarantee Statement of Cash Flows Year ended 31 March 2022 |
||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Cash flows from operating activities | ||
| Net income | 15,219 | 116,715 |
| Adjustments for: | ||
| Depreciation of tangible fixed assets | 13,015 | 12,776 |
| Accrued (income)/expenses | (4,449) | 3,589 |
| Changes in: | ||
| Stocks | (1,158) | 1,540 |
| Trade and other debtors | 4,578 | (3,452) |
| Trade and other creditors | 18,668 | (5,607) |
| ---------------------------- | -------------------------------- | |
| Cash generated from operations | 45,873 | 125,561 |
| ---------------------------- | -------------------------------- | |
| Net cash from operating activities | 45,873 | 125,561 |
| ============================ | ================================ | |
| Cash flows from investing activities | ||
| Purchase of tangible assets | (8,890) | (24,638) |
| ---------------------------- | -------------------------------- | |
| Net cash used in investing activities | (8,890) | (24,638) |
| ============================ | ================================ | |
| Net increase in cash and cash equivalents | 36,983 | 100,923 |
| Cash and cash equivalents at beginning of year | 177,295 | 76,372 |
| -------------------------------- | -------------------------------- | |
| Cash and cash equivalents at end of year | 214,278 | 177,295 |
| ================================ | ================================ |
The notes on pages 11 to 18 form part of these financial statements.
10
COVENTRY BOYS AND GIRLS CLUB LTD
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2022
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 50 Whitefriars Street, Coventry, CV1 2DS.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal and fall into one of two sub-classes: restricted income funds or endowment funds.
11
COVENTRY BOYS AND GIRLS CLUB LTD
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
-
income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
-
Government and local authority Covid 19 support grants are recognised in other income in unrestricted funds at the fair value of the asset received or receivable. Where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
-
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
| Long leasehold property | - | Straight line over the lease term |
|---|---|---|
| Equipment | - | 15% reducing balance |
| Motor vehicles | - | 25% reducing balance |
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
12
COVENTRY BOYS AND GIRLS CLUB LTD
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
4. Limited by guarantee
Coventry Boys and Girls Club Limited is a company limited by guarantee and accordingly does not have any share capital.
Every member of the company undertakes to contribute such amount as may be required not exceeding £20 to the assets of the charitable company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.
5. Donations and legacies
| Donations and legacies | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2022 | ||
| £ | £ | £ | ||
| Donations | ||||
| Donations | 113,410 | 92,594 | 206,004 | |
| ================================ | ============================ | ================================ | ||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2021 | ||
| £ | £ | £ | ||
| Donations | ||||
| Donations | 69,191 | 96,675 | 165,866 | |
| ============================ | ============================ | ================================ | ||
| Charitable activities | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2022 | Funds | 2021 | |
| £ | £ | £ | £ | |
| Use of facilities-charitable purposes | 23,727 | 23,727 | 14,979 | 14,979 |
| Youth members subscriptions | 11,426 | 11,426 | 1,314 | 1,314 |
| -------------------------------- | -------------------------------- | -------------------------------- | -------------------------------- | |
| 35,153 | 35,153 | 16,293 | 16,293 | |
| ================================ | ================================ | ================================ | ================================ | |
| Other trading activities | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2022 | Funds | 2021 | |
| £ | £ | £ | £ | |
| Use of facilities-other | 67,313 | 67,313 | 51,060 | 51,060 |
| Coffee bar income | 17,942 | 17,942 | 12,035 | 12,035 |
| -------------------------------- | -------------------------------- | -------------------------------- | -------------------------------- | |
| 85,255 | 85,255 | 63,095 | 63,095 | |
| ================================ | ================================ | ================================ | ================================ | |
| Other income | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2022 | Funds | 2021 | |
| £ | £ | £ | £ | |
| Coronavirus Job Retention Scheme | ||||
| grants | 47,157 | 47,157 | 104,424 | 104,424 |
| Other Coronavirus lockdown grants | - | - | 25,750 | 25,750 |
| -------------------------------- | -------------------------------- | -------------------------------- | -------------------------------- | |
| 47,157 | 47,157 | 130,174 | 130,174 | |
| ================================ | ================================ | ================================ | ================================ |
6. Charitable activities
7. Other trading activities
8. Other income
13
COVENTRY BOYS AND GIRLS CLUB LTD
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
9. Net income
Net income is stated after charging/(crediting):
| Net income is stated after charging/(crediting): | |||
|---|---|---|---|
| 2022 | 2021 | ||
| £ | £ | ||
| Depreciation of tangible fixed assets | 13,015 | 12,776 | |
| ============================ | ============================ | ||
| 10. | Independent examination fees | ||
| 2022 | 2021 | ||
| £ | £ | ||
| Fees payable to the independent examiner for: | |||
| Independent examination of the financial statements | 1,200 | 1,200 | |
| Other assurance services | 1,600 | 2,000 | |
| -------------- | ----------------------- | ||
| 2,800 | 3,200 | ||
| ============== | ======================= |
11. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Wages and salaries | 204,038 | 166,599 |
| Social security costs | 7,224 | 4,561 |
| Pension costs | 3,083 | 1,241 |
| -------------------------------- | -------------------------------- | |
| 214,345 ================================ |
172,401 ================================ |
The average head count of employees during the year was 18 (2021: 17).
No employee received employee benefits of more than £60,000 during the year (2021: Nil).
12. Trustee remuneration and expenses
No trustees received emoluments for their services as trustees during the year.
14
COVENTRY BOYS AND GIRLS CLUB LTD
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
13. Tangible fixed assets
| 13. | Tangible fixed assets | ||||
|---|---|---|---|---|---|
| Long | |||||
| leasehold | Motor | ||||
| property | vehicles | Equipment | Total | ||
| £ | £ | £ | £ | ||
| Cost | |||||
| At 1 April 2021 | 1,523,828 | 23,200 | 63,653 | 1,610,681 | |
| Additions | – | – | 8,890 | 8,890 | |
| ----------------------------------------- | ---------------------------- | ---------------------------- | ----------------------------------------- | ||
| At 31 March 2022 | 1,523,828 | 23,200 | 72,543 | 1,619,571 | |
| ========================================= | ============================ | ============================ | ========================================= | ||
| Depreciation | |||||
| At 1 April 2021 | 14,712 | 21,526 | 18,494 | 54,732 | |
| Charge for the year | 7,191 | 419 | 5,405 | 13,015 | |
| ----------------------------------------- | ---------------------------- | ---------------------------- | ----------------------------------------- | ||
| At 31 March 2022 | 21,903 | 21,945 | 23,899 | 67,747 | |
| ========================================= | ============================ | ============================ | ========================================= | ||
| Carrying amount | |||||
| At 31 March 2022 | 1,501,925 | 1,255 | 48,644 | 1,551,824 | |
| ========================================= | ============================ | ============================ | ========================================= | ||
| At 31 March 2021 | 1,509,116 | 1,674 | 45,159 | 1,555,949 | |
| ========================================= | ============================ | ============================ | ========================================= | ||
| 14. | Stocks | ||||
| 2022 | 2021 | ||||
| £ | £ | ||||
| Finished goods and goods for resale | 1,213 | 55 | |||
| ======================= | ============== | ||||
| 15. | Debtors | ||||
| 2022 | 2021 | ||||
| £ | £ | ||||
| Trade debtors | 16,375 | 7,781 | |||
| Prepayments and accrued income | – | 13,572 | |||
| Other debtors | 400 | – | |||
| ---------------------------- | ---------------------------- | ||||
| 16,775 | 21,353 | ||||
| ============================ | ============================ | ||||
| 16. | Creditors: amounts falling due within | one year | |||
| 2022 | 2021 | ||||
| £ | £ | ||||
| Accruals and deferred income | 20,064 | 9,937 | |||
| Social security and other taxes | 3,595 | – | |||
| Other creditors | 799 | 302 | |||
| ---------------------------- | ---------------------------- | ||||
| 24,458 | 10,239 | ||||
| ============================ | ============================ |
15
COVENTRY BOYS AND GIRLS CLUB LTD
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
17. Deferred income
Amount deferred in year
| 2022 | 2021 |
|---|---|
| £ | £ |
| 14,576 ============================ |
– ============== |
18. Analysis of charitable funds
Unrestricted funds
| Unrestricted funds | ||||||
|---|---|---|---|---|---|---|
| At | At | |||||
| 1 | April 2021 | Income | Expenditure | Transfers | 31 Mar 2022 | |
| £ | £ | £ | £ | £ | ||
| Unrestricted funds | 1,729,138 | 280,975 | (267,593) | – | 1,742,520 | |
| ----------------------------------------- | -------------------------------- | -------------------------------- | -------------- | ----------------------------------------- | ||
| 1,729,138 | 280,975 | (267,593) | – | 1,742,520 | ||
| ========================================= | ================================ | ================================ | ============== | ========================================= | ||
| At | At | |||||
| 1 | April 2020 | Income | Expenditure | Transfers | 31 Mar 2021 | |
| £ | £ | £ | £ | £ | ||
| Unrestricted funds | 1,627,698 | 278,753 | (200,853) | 23,540 | 1,729,138 | |
| ----------------------------------------- | -------------------------------- | -------------------------------- | -------------- | ----------------------------------------- | ||
| 1,651,238 | 278,753 | (200,853) | 23,540 | 1,729,138 | ||
| ========================================= | ================================ | ================================ | ============== | ========================================= | ||
| Restricted funds | ||||||
| At | At | |||||
| 1 Apr | 2021 | Income | Expenditure | Transfers | 31 Mar 2022 | |
| £ | £ | £ | £ | £ | ||
| Red Cross project | - | 4,181 |
(4,181) | - | - | |
| Girls’ sports fund | 10,000 | 10,000 |
(21,006) | 5,275 | 4,269 | |
| Youth work | 2,775 |
- |
- | (2,775) | - | |
| Education and training | 2,500 |
- |
- | (2,500) | - | |
| Children in Need | - | 8,000 |
(8,000) | - | - | |
| Kickstart | - | 10,852 |
(10,852) | - | - | |
| Morrisons Foundation | - | 5,000 |
(1,402) | - | 3,598 | |
| Do More Local 2021 | - | 2,021 |
(1,000) | - | 1,021 | |
| ESF Community fund | - | 8,800 |
(8,800) | - | - | |
| Four Acre Trust (MAC fund) | - | 10,000 |
(10,000) | - | - | |
| Easter Camp 2022 | - | 3,600 |
- | - | 3,600 | |
| Made by Sport | - | 12,500 |
(7,876) | - | 4,624 | |
| Coventry City Council Arts | ||||||
| grant | - | 8,000 |
(8,000) | - | - | |
| Coventry Building Society | ||||||
| grant | - | 9,640 |
(9,640) | - | - | |
| -------------------------------- | ------------------------------------ | -------------------------------- | -------------------------------- | ----------------------------------------- | ||
| 15,275 | 92,594 |
(90,757) | (-) | 17,112 |
||
| ================================ | ================================ | ================================ | ================================ | ========================================= |
16
COVENTRY BOYS AND GIRLS CLUB LTD
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
Analysis of charitable funds continued…
Restricted funds
| Restricted funds | |||||
|---|---|---|---|---|---|
| At | At | ||||
| 1 Apr 2020 | Income | Expenditure | Transfers | 31 Mar 2021 | |
| £ | £ | £ | £ | £ | |
| Girls’ sports fund | - | 10,000 | - | - | 10,000 |
| Youth work | - | 21,775 | (19,000) | - | 2,775 |
| Holiday activities | - |
17,400 | (17,400) | - | - |
| Education and training | - | 10,500 | (8,000) | - | 2,500 |
| New building and equipment | |||||
| fund | - | 20,000 | (1,460) | (18,540) | - |
| Music equipment and | |||||
| Programmes fund | - | 5,000 | - | (5,000) | - |
| Covid 19 fund | - | 4,000 | (4,000) | - | - |
| Youth leader fund | - | 8,000 | (8,000) | - | - |
| -------------------------------- | ------------------------------------ | -------------------------------- | -------------------------------- | ----------------------------------------- | |
| - | 96,675 | (57,860) | (23,540) | 15,275 |
|
| ================================ | ================================ | ================================ | ================================ | ========================================= |
Purposes of restricted funds
The Red Cross project related to young people becoming Red Cross Ambassadors and leading other young people in short-term social action, fundraising and campaigning activities on behalf of the Red Cross.
The Girls' sport fund relates to activities to engage girls in sporting activities, in line with ‘This Girl Can’
.
The Youth work fund related to the provision of recreational and educational activities to children and young persons.
The Education and training fund related to helping young people not in education, employment or training (NEETs) to gain functional key skills to be ready for work.
The Children in Need fund was used to fund additional youth leaders.
The Kickstart fund was used to create new jobs for 16 to 24 year olds on Universal Credit who are at risk of long term unemployment
The Morrisons Foundation fund is being used to purchase equipment to help increase the number of young people which can be supported through the safe delivery of youth provision.
The Do More Local 2021 fund provided 2 additional staff members for 5 weeks
The ESF Community fund helped develop young people not in education, training or employment to gain basic skills and some entry online training to help them into employment or training.
17
COVENTRY BOYS AND GIRLS CLUB LTD
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
Analysis of charitable funds continued…
Four Acre Trust (MAC fund) was used to provide young people with community access to music provision to help them change their lives and learn new skills.
The Made by Sport (Heart of England) fund is being used to provide additional staff and equipment to enhance youth sport sessions.
The Easter Camp 2022 fund was set up to provide holiday provision during school holidays at Easter 2022.
The Coventry City Council Arts grant helped to provide young people not only with the opportunity to create a professional quality piece of music but to allow them to learn and develop the skills to create this themselves.
The Coventry Building Society grant helped develop a music mentoring programme working with small groups of young people.
19. Analysis of net assets between funds
| 19. Analysis of net assets between funds | |||
|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2022 | |
| £ | £ | £ | |
| Tangible fixed assets | 1,551,824 | – | 1,551,824 |
| Current assets | 215,154 | 17,112 | 232,266 |
| Creditors less than 1 year | (24,458) | – | (24,458) |
| ----------------------------------------- | ---------------------------- | ----------------------------------------- | |
| Net assets | 1,742,520 | 17,112 | 1,759,632 |
| ========================================= | ============================ | ========================================= | |
| Analysis of net assets between fundscontinued… | |||
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2021 | |
| £ | £ | £ | |
| Tangible fixed assets | 1,555,949 | – | 1,555,949 |
| Current assets | 183,428 | 15,275 | 198,703 |
| Creditors less than 1 year | (10,239) | – | (10,239) |
| ----------------------------------------- | ---------------------------- | ----------------------------------------- | |
| Net assets | 1,729,138 | 15,275 | 1,744,413 |
| ========================================= | ============================ | ========================================= |
20. Analysis of changes in net debt
| Analysis of changes in net debt | |||||
|---|---|---|---|---|---|
| At | |||||
| At | 1 | Apr 2021 | Cash flows | 31 Mar 2022 | |
| £ | £ | £ | |||
| Cash at bank and in hand | 177,295 | 36,983 | 214,278 | ||
| ================================ | ============================ | ================================ |
18