2023-02-28-accounts

Legal and administrative	information	information
Report ofthe trustees			3-7
Report ofthe Independent	Examiner
Statement ofFinancial Activities
Balance Sheet			10
Notes forming part ofthe	financial	statements	11-1

The Company's objectives me as follows:-	The Company's objectives me as follows:-	The Company's objectives me as follows:-
(i)		Toacquim, purchase and maintain the leasehold property known as and situated at 154Brooker Road, Essex;	Waltham	Abbey,
		To develop asafe and healthy environment for the people ofWaltham Abbey by establishing appropriate provision for
		the young people in order to:
	(a)	Create awareness ofthe facilities available to enable them to make gainful use oftheir leisure time;
	(b)	Encourage them to understand their duty and responsibilities both to themselves and others within	the community;
		and
	(c)	To educate them to think for themselves and lead them towards taking responsibility for their own actions.
(iii)		To achieve awareness ofthe whole community involving amongst others:- the young, the old, parents, the churches,
		voluntary organisations, statutory authorities, business and commerce.
The main	objectives and activities for the year were to maintain and where possible increase the pmvision ofyouth		services	at 154
Brooker Road, Waltham Abbey including extra school holiday activities, together with the Confidential Counselling Hamld Academy and to maintain and impnive the youth centre.			facility	at King

								2023		2022
						Note	Unrestricted	Restricted	Total	Total
							Funds	Funds	Funds	Funds
Income from							(X)	(6)	(K)	(&)
Donations	and grants receivable						8,800	21,500	30,300	42,580
Other trading		activities					4,707		4,707	3,121
Investments							21		21	I
Other							1,643		1,643	1,361
Government		grants	receivable							4,228
Total							15,171	21,500	36&67)	51,291
Expenditure		on
Raising funds							20		20	22
Charitable	activities						20,927	25,846	46,773	50,160
Total							20,947	25,846	46,793	50,182
Net (expenditure)/income				for	the		(5,776)	(4,346)	(10,122)	1,109
year
Reconciliation		offunds
Total funds	brought		forward				106,401	32,470	138,871	137,762
Total funds	carried		forward			14	100,625	28,124	128,749	138,871

				2023		2022
			Unrestricted	Restricted	Total	Total
			Funds	Funds	Funds	Funds
			(X)	(8)	(f)	(f)
Essex County Fire dt Rescue		Service				3,000
Michael Seymour						30
Essex Community Foundation			8,750		8,750	7,500
Epping Forest District Council				2,000	2,000	2,000
Essex County Council						500
Charles SFrench Charitable		Trust				5,000
Essex Youth Trust				5,000	5,000	5,000
Essex Police Fire and Crime		Commissioner				10,000
Waitham Abbey Town Council						2,000
Fowler Smith JhJones				2,000	2,000
Passam Foundation						5,000
Police Property Action Fund				3,000	3,000
Gtenny LLP						500
High Sheriffs' Fund				2,000	2,000	2,000
Astute Technical Services			50		50	50
Douglas Allen Emergency	Fund			7,500	7,500
			8,800	21,500	30,300	42,580
ncome from other trading	activities
					2023	2022
					K)	(E)
Fees from room hire					4,200	2,450
Fund-raising income					507	671
					4,707	3,121

			Activities undertaken	Support costs	Total
			directly	(Note 5)
			(8)	(8)
Core activity —Youth Centre			5,385	20,169	25,554
Youth Counselling	(including	parent	20,200	1,019	21,219
drop in service)
			25,585	21,188	46,773

Allocation ofsupport cos	Allocation ofsupport cos	ts
Support cost			Basis of	Core activity	Youth	Total
			allocation	- Youth Centre	Counselling
				(0)	(R)
Insurance			Pro-rata	2,070	109	2,179
Light, heat	and telephone		Pro-rata	3,540	189	3,729
Governance			Pro-rata	912	48	960
Pmfessional	fees		Pro-rata	161		161
Depreciation			Direct	584		584
Amortisation			Direct	5,323	280	5,603
Premises cost (inc tenancy costs)			Pro-rata	7,470	393	7,863
Other			Direct	109		109
				20,169	1,019	21,188
et Incoming	Resources for the year
					2023	2022
					(E)	(K)
Depreciation	and Amortisation				6,187	6,187
Accountancy					960	960
tatT Costs aud Employee		benefits
					2023	2022
Staffcosts:
Wages and salaries					5,460	6,552

			2023		2022
			Number	FTE	Number	FTE
Youth	Centre	services

				2023	2022
				(6)	(6)
Other creditors				2,678	520
Accrued	expenses			960	900
				3,638	1,420
unds
			General	Restricted	Total
			Funds	Funds	Funds
			(6)	(f)	(8)
At I March		2022	106,401	32,470	138,871
Incoming	resources for the year		15,171	21,500	36,671
Outgoing	resources for the year		(20,947)	(25,846)	(46,793)
At 28February 2023			100,625	28,124	128,749
Represented		by:		(6)	(6)
Tangible	fixed assets		90,749	21,052	111,801
Net current		assets	9,876	7,072	16,948
			100,625	28,124	128,749