Account Balance Sheet HER5HAM YOUTH TRU ACCOUP¥TS BALANCE SHEEr 31st July 20Z5 EXPENDITURE INCOME PROJECts O RETrAL EQUIPMENT 9.373.02 FUNDRAISING CLEANING 4.393.85 DONATIONS YOLrrH SUPPORT WORKERS 27,493.50 PETERS FUND SUNDRY l Miscellaneous) 853.73 GRANT5 SERVICES ( (Water. Gas, Elettftc 9,488.44 PErrY CASH INTERNET 239.02 BANK INTEREST INSURANCE 2.027.62 BANK CHARGES BUILDING MATERIALS PETERS FUND PEfTY CASH 56g15.56 2.725.00 6.359.00 73.64 12.416.43 346.82 19.12 66.651.55 65,973.20 Income over expenditure at 31rtJuly 2025 78.35 Cash in Hand at31 Juty 2024 809.67 Cash in Hand at 31 July 2025 -IA88.02 Jon Bailey [Hon. Treasurerj Willam Cowap [Independent Examiner]
Annual Accounts
Independent Examiners Report to the Trustees
I have audited the financial statements of the Hersham Youth Trust Registered Charity No: 1084090 for the year ending 31 July 2025 which comprise the Statement of Financial Activities , the Balance Sheet and the related notes. The financial reporting framework that has been applied in their preparation is applicable law and the requirements of the Financial Reporting Standard for Smaller Entities. ( Effective April 2008 .)
This report is made exclusively to the members as a body in accordance with Chapter 3 of part 16 of the Companies Act 2006 and to the charity’s trustees, as a body, in accordance with Section 44 (1) (C) of the Charities and Trustee investment (Scotland) Regulations 2006. The audit work has been undertaken so that I might state to the members and the charities those matters I am required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity, its members as a body and its trustees as a body for my audit work, for this report, or for the opinions I have formed.
Respective Responsibilities of Trustees & Auditor:
As explained more fully in the Statement of Directors Responsibilities set out on page 6 the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view.
I have been appointed as independent examiner under Section 44 1 C of the charities and trustee investment Scotland Act 2005 and under the Companies Act 2006 and report to you in accordance with the regulations made under those acts.
My responsibility is to audit and express an opinion on the financial statements in accordance with applicable law and international standards on auditing UK and Ireland those standards require me to comply with the auditing practises boards APB's ethical standards for auditors.
Scope of the Audit of the Financial Statements:
An audit involves obtaining evidence about the amounts and disclosures in the financial statements sufficient to give reasonable assurance that the financial statements are free from material misstatement weather caused by fraud or error. This includes an assessment of whether the accounting policies are appropriate to the charitable companies' circumstances and have been consistently applied and adequately disclosed the reasonable of the reasonableness of significant accounting estimates made by the trustees and the overall presentation of the financial statements. In addition we read all the financial and non financial information in the annual report to identify material inconsistencies with the audited financial statements if we become aware of any appropriate apparent material misstatements or inconsistencies we consider the implications for our report.
Opinion on Financial Statements:
In our opinion the financial statements:
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give a true and Fairview of the state of the charitable company's affairs as at 31st of July 2025 and of the incoming resources and application of resources including its income and expenditure for the year then added
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Probably prepared in accordance with United Kingdom generally accepted accounting practise applicable to smaller entities and
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have been prepared in accordance with the Companies Act 2006 and the charities and trustees investment Scotland Act 2005 and regulation 8 of the charities accounts Scotland regulations 2006
Opinion on other matters prescribed by the Companies Act 2006
In my opinion the information given in the annual report for the financial year for which the financial statements are prepared is consistent with the financial statements
Matters on which I am required to report by exception
I have nothing to report in respect of the following matters where the Companies Act 2006 and the charities accounts Scotland regulations 2006 as amended requires us to report to you if in our opinion
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The charitable company has not kept proper and adequate accounting periods or returns adequate for an order and have not been received from branches not visited by us; or
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the financial statements are not in agreement with the accounting records and returns; or
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certain disclosures of trustees’ remuneration specified by law are not made; or
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we have not received all the information explanations we required for our audit; or
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the trustees were not entitled to prepare to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies exemption in preparing the annual report
William Cowap [Independent Examiner]
20 Old Esher Road Hersham Surrey KT12 4LE
Acounting Policies:
Basis of Preparation:
The accounts are prepared under the historical cost convention and are in accordance with companies legislation, the financial reporting standard for smaller entities [effective April 2008] and with statement of recommended practise dash accounting and reporting for by charities [revised 2005]
Fixed Assets and Depreciation:
Tangible fixed assets are capitalised at cost and are depreciated by the straight line method over their anticipated useful lives at the following annual rates
Furniture and equipment 25%
The trusts premises are not depreciated on the basis that any depreciation would not be material.
Revenue Recognition :
Grants received to fund revenue expenditure accredited to the income and expenditure account in the period to which they relate. Grants received which relate to future years are deferred until the appropriate years. Grants received to fund capital expenditure are treated as restricted funds and depreciation on the related assets is subsequently charged against the fund over the anticipated lives of the assets
VAT :
The Hersham Youth Trust is not registered for VAT and accordingly expenditure includes VAT where appropriate.
Liabilities :
Liabilities are recognised on the basis of goods or services invoiced to the charity within the financial year. Invoices relating to the financial year which are received or paid after that date are accrued.
Expenditure :
Where possible expenditure has been charged direct to charitable activities and governance costs.
Funds :
Funds held by the charity are:
Unrestricted Funds: These are the funds that can be used in accordance with the charitable objects at the discretion of the directors.
Restricted Funds: These are funds that can only be used for particular restricted purposes within the objects of the charity restrictions arise when specified by the donor or if they have been raised for a specific purpose. There was no expenditure under the restricted funds category in the financial year.
Incoming Resources [2] :
Grant, donation and other income recorded for the year has been credited to unrestricted funds on the basis that the amounts are available for use in accordance with the charitable objects at the discretion of the directors.
Net Incoming Resources [3] :
No depreciation or director's remuneration has been incurred in the year to 31st July 2025.
Accounting Services :
The treasurer received no honorarium for accounting services. No other trustee or persons connected with them received remuneration or reimbursement for expenses incurred during the year.
Taxation :
The Inland Revenue has confirmed that the company has charitable status it has no liability to UK corporation tax on the activities of the year.
Movement of Funds :
There were no transfers between funds in the year.
Non-Audit Services :
In common with other trusts of our size and nature we use our auditors in the preparation of the statutory financial statements.
HERSHAM YOUTH TRiisf REGISTERED CHARITY No: 11)840 STATEMENT OF FINANCIAL AcnvmES {Incorporating Income & Expenditure AccouDtJ YEAR ENDED 31 JULY 2025 Unrestricted Funds Year ended 31-Jul 2025 Total fvnd5 Totsl funds Year ended 31-Jul Year ended 31-Jul 2024 Receipts Rentals FUNDRAING 56.815.56 56,815.56 66,042.85 Donations Grants Peters Fund Sub Total Asset and investment sales. etc Totsl recelpts 2,725.1)J 6359.(XJ 73.64 65,973.20 2.725. 6.359.00 73.64 65,973.20 1,593.11 1245.65 128,881.61 65,973.20 65,973.20 128,881.61 Payments Projects Equ5pment Cleaning Youth Support Workers Sundry Expenses Service5 (Gaslwaterlelertricl Internet Insurance Bank charges Buildlng MateriaLs Peters Fund Petty cash 4,412.87 1.409.97 2,756.01 39,284.13 5,253.26 7,609.33 489.96 2,107.61 9.373.02 4.393.85 27.493.50 853.73 9.488.44 239.02 2.027.62 73.64 12.416.43 346.82 9.373.02 4,393.85 27.493.50 853.73 9.488.44 239.02 2.027.62 73.64 12.416.43 346.82 6,622.34 58,550.00 19.12 66,725.19 19.12 66.725.19 128,495.48 Asset & lftvestment Purcha5e5 Total payments 66,725.19 66,725.19 128,495.48 There were no re5trfcted funds tran5artions in Y/E in 2025