Registered number 04138285 Danson Youth Trust Report and Accounts 31 March 2023 Mattison & Co Accountants 70 High Street Chislehurst Kent BR7 5AQ DANSON YOUTH TRUST R&port and accounts Con*8nts Page Contents Company Ir>formatlon Twste•8' Rèport StateTnent of Directors,￿rUsteeS, Responslbilities Independen* Examiner's Report ststement of Financial Aetlvltles 10-13 B818n¢e Sheet 14 Notes to the Accounts 15-19 Detailed Statement of Financiol Activities 20-21 Appendice8 22-23 DANSON YOUTH TRUST Company Informatlon Dlre¢tor¥ Anne Andarson {Neo Harrow) Maria Guest-Naharnowicz Anrtè Rickson Rebocca Smith Matthew Phaure- resigned May 2022 Wendy Lawrenca Ac¢ountants Mattison & Co Accountants 70 High Street Chlslehurst Kent 8R7 5AQ 8ankers Lloyds Tse Bank PIC 130-132 Broadway Bexlayheath Kent DA8 7DP Register•d offi¢è Dansgn Youth Cgntre 8ramplon Road Bexleyheath Kent DA6 7DP Registered numb•r 04138285 Registsf•ii Charity numkjer 10865se DANSON YOUTH TRUST The report of the Trustees for the year ended 31 March 2023 Introdu¢tlon The Trustees present their 8nnu81 report and accounts for the y8ar 8nd¢d 31 March 2023. The Board of Trustoes are satisfied wlth tho parforman¢a of the Charity duTing tha y80r and thé posltlon 8t 31 fvlarch 2023 and con8lder that the Charlty Is In a strong position to continue its activltles during the coming year. and Ihal the Charl￿8 assets are adequate to fulfil ils obligations. Name. Reglstored Offlcg and constltutlon of th• Charity The full narne of the Charity is Dan$gn Youth Trust. The1è981 r￿l$tratIOn details are:_ Dale of incorporation Company Règistration Number The Registered Offlce Is Charity R8gistr81ion Number The telephone number Is 10 January 2001 04138285 Bramplon Road. Bexleyheath, Kent DA7 4EZ 1086S56 020 8303 6052 Obj•ctlvos and Actlvltlgs of th? Charity A summary of thg pbJg¢tlves of tho Charlty a8 $et oirt In Its govomlng doGument Thè Tru$t's objects ar8 to help educata childron, youn9 people and familles. especlally bul not exclusively. through leisure lime activities and programrnes, so to develop their physlcal and emotional wellbeing and c8pabililies, self-confidence and individual r88ponslblllly that they grow to m8turlty as Indlvlduals 8nd member5 of Society. Danson Youth Trust has successfully endeavoured to maintain good rolationship8 wlth the local comrnunlty It setves and with other external agencies. Many of the activities and achlevements of Danson's yc*ung rnembers have been favour8bly rèport8d In many local publications including the local PT085. Public b8ngfÈt that l¥ provlded by th• charlty The Charity provide5 educational, recreational and support servlces to children and young people in thelocal area. The ¢h4rity al$0 prc*vlde6 edu¢otion&l ond aupportive acrvicea to the parcnto of the ¢hildrgn yvung people. Danson Youth Trust provides an Invaluable servSce to the local communlty. DANSON YOUTH TRUST The report of the Trustees for the year ended 31 March 2023 structure. Gov*rnane• and Management Nature of thè Gov•rnin9 Documont and Constitutlon of th• Charity DANSON YOUTH TRUST The report of the Trustees for the year ended 31 March 2023 Share Capltal The company 1$ Ilmlted by guarantee and therefore ha$ no $har¢ capltal. The mgmb?r8 of the Board of Tru8tee8 of the Gharlty durlng the year ended 31 March 20Z3 wgre: Jean Robertson Anne Anderson, née Harrow Maria Guest-N8harnowlcz Anne Rickson Rebecca Smllh Matthew Phaure- Resigned May 2022 Wendy Lawren¢e 11 Is with much regret that we reptsrt the death of Jean Robertson on 10 November 2022. All the directors of the company are also Trustees of the ChaTSty, and their responslbilllle$ Includg all th• responsibilities of directors under the Companies Acts and of Trustees under the Charltiès Acts. The DirectOrs￿ruSteeS are all member$ of the Charty The members of the Board of TrLtstees of the Charity at the date the report and 8¢eounts ware gpprovèd were: Aftno Anderson, née Harrow Maria Guest-Naharnowicx Anne Rickson Rebecca Smith Wendy Lawrencè Ind#pendent Examlner Sandra Hipwell FMAAT Mattison & Co Accountant5 70 Hlgh Street Chislehurst BR7 SAQ DANSON YOUTH TRUST The report of the Trustees for tho year ended 31 March 2023 Statement ef Directors. and Trustees, Responsibllltles The Charlty's Trustoes are respon$ibl8 for the preparation of the accounts in accordance with the terms of the Companies Act 2006, the Charilios Act 2011 and the Charlties {Accounls and Reports) Regul8tlons 2008. Notwithstanding the explicit requirement in the extant statutory regulallons, the Charities (Accounts and Reports) Regulations 2008, to prepare the financi81 statements In accordance with the SORP 2005. in view of the f8Ct that Ihe SORP 2005 has been withdrawn, the Truslees detefmined lo interpret this responsibility as requlring them to follow current best practice and prepa￿ the account$ in ac¢ofdarice with the FRS 102 SORP Istatement of Recommended Pra¢tl¢8 for Accounting and Reportlng by Charities) 2015 la$ amènded by thg Bulletln issued il) February 2016). In particular, the Companie$ Act 2006 and Charity law rgquire the Board of Trusteos to prepare financial statements for each finandal yeaf which glves a true and fair view of the stste of affairs of the Charity as at the end of the financial year 8nd of the surplus or defi¢it of the Charity. In preparing those financial statements the Board is requlre to'.- to prep8re the account$ In a¢¢ordan¢e with United Kingdom Generally Accepted Account£ng Pradlce (United Kingdom Accounllng Standards and applicable lawl., seleci 3Ultable #ccouniing policies and apply them consistently.. make judgements and estimate$ that are reasonable and prudent., prepare the financial statements on the going concern basis unless St is in8ppropriale to presumo DANSON YOUTH TRUST Independent Examiner's Report to the Trustees of the Charlty Report of the Independent Examiner to the Trustse¥ on th• accounts of the Charfty for tho year ended 31 March 2023 I report on the financlal slatem8nls of the Chartty on pages 8 to 21 for the year ended 31 March 2023 which have been prepared %n accordance with the Charitles Act 2011 (the Act) and with the Flnancial ReportSng St8ndard 102, leffect5ve l January 2016) as rnodifled by FRS 102 SORP (Stalemenl of Recommended Practice for Accounting and Reporting by Charities) 2015 las amende(J in Ihe Bulletin Issued in February 2016) published by the Charity Comrnission in England and Wales ICCEW), eff8clive January 2015. (The SORPI. under the hlstorfcal cost convention and the accountlng pollcles set out on page 15. Re¥pective respenglbilities of Trustees and Examiner As Ilescrfbed on page 4. the Charlty's Trustees. who are al¥0 the dlTeetors ot the comparry for the purpo$9 of eompany law, ai# responsible for the preparation of the financial $tatem#nts. The TTUStees are satisfied that the audit requirement¥ of So¢tion 144(11 of the Act do not apply and that the 8ccounls do not requife an audit in accordance with Part 16 of the Companles Act 2006 and that no member or members have requested an audlt pursuant to section 476 of the Companies Act 2006. and that there 18 no requirement in the goveTning docurnent or constitution of thè Charlty for the conducting of ¥n ou8id on 05110123 14 DANSON YOUTH TRUST Noto5 to the AcGounts for th• year anded 31 March 2023 Accounting pollci•s Basis of pr8paralion of the aceoupts The accounts have been prepared on the accrual basis, under the hlstorical cost Convenllon. and in accordance with the Finonaal Reporting Standard 102 leffethve 1 January 20161 and'FRS 102 SORP ISt8lement of Recommended Practice for Accounting and Reporting by.Ch8rities) 2015 {¥s amènded by the Bulletin i$sued in February 20161 published by the Ch8rity Commission in Eng18nd"& Wales ICCEW). effective Janu8ry 2016, (The SORPI, and in aceordane* vAth all applSGable18w in the Charitys jurisdiction of registration. except that the Charity has Prepared the financial statements in accordance Mlh the FRS 102 SORP Istslemenl of Recomrnended Practice for Accounting and Reporting by Charities) 2015 las amendèd by the Bulletli) issued in February 20161 in praference to the previous SORP, the SORP 2005, which has béén withdrawn, n￿rthStandIng the fact that the extant stalulory regulations, the Charth"es (Accounts and Reports) Regulallons 2008 refer explsGiUy to the SORP 2005. Thls has been don¢ to accgrd with current best practice. Accounting ¢onvention The finencial statemants Ofa wepared ort o going concem basls, undar the hSstorical cost convention, as modifièd by the revaluatton of freehold l#nd and building$ and Ixed a8$8t investments. Incomlng Rosourw Incomlng resourcE$ are ac£ounled for on a recelvable bosis deferred as desoribed bdow whgTe approprtate. Where incomo is reeefved In the.year but has be¢n desgnaled for future uso Il will be carried forward and accounted for a$ Incomo in the following year. Except as descrH)ed underthe'Deferred Income. accounting policy, ￿1 grants. induding grants for the purcha$$ of fixed assets. are ￿CognIsed In full In the Statement of Financial A¢tlvltie¥ in the y¢ar in thich they ?T¢ receivablo. Investmont Income R8nlo1 income is Induded In the Income and expgndlturo account nel of collection charges on a fecelvable bosis. Bank interest received Is induded on an a¢lual raceipls, t)asis. Detsrred In¢omo In 8ccordanGe vllh the SORP, grants received in xdvancg and speci1Sed by the donor as relafjng to Speclfic accounting periods or altematlvelywhith areisubjeet to conditlons which are stlll to b8 met, and whlch are outside the control of the ¢hMfity orwM•r• It l& uncfrrtaln whether the c¢ndltionB can orwill bo Mèt, ar• d¥fèrr•d on ¥euual'8 basis to the period lo whld) they re18te. Such defgrral8 are shown In the notes to thg acLCtunts and the sums Involved are shown as cradltors in the att￿￿nts. Re¢o9nitlon of118bllltle¥ Liablllties are re¢ognlsed on the accrual's basis In acLorilance wlth normal accounting principles. mo(lified where necessary In a¢cordan¢e wth the guidance given in th8 SORP. 15 DANSON YOUTH TRUST Notes to the Accounts for the year ended 31 March 2023 Resources Expended Expendtture is recognised on 8n 3¢crual basis as s liabilty 15 incurred. Expenditure Indudes any VAT whlch 18 not recoverable, and Is reported as part of the expenditure to ¥A)i¢h il relate$. G¢v¢mance Costs Governance costs In¢ludg Iho$o incurred in the govemance ofthe ChaFIty and lis assets and are prlmarily associatsd vhth constiltrtional and statutory requirements. AIIoGatlon of costs vAthin types of resources exp•nd•d The mèthod3 and prinryples for the allocation and apportionment of all costs between the different activty fgtegories of r8sourcss sèt out abpve arg.. Unrea118ed and realised galns Realised gains and losses are Inclu)nneGted with them have recoived any remuneratlon, elther in the current year, or the prior year. A1lwnalNè￿, no Trusteès or persons connected them. other than those shown atove. received any rernuneration. r¢dltors: amourrts falllng duè wlthln one year Trade txedilors & AgJugd expgn$gs 2022 45.3[ 45.3[ 75,112 75.112 Analysls ofthe Net Movement In Funds Net movement in funds from Stslwftent ol Flnandal Activs11ès 2023 64,948 80.883 10 Particulars of Indlvldual Funds and analysls of assets and Ilabllltles representlng fund$ Unrostrict Deslgnated Rè¥trlct fund8 fund• funds Totsl fund$ At 1 Aprll 2022 Fixed Assets 493,522 539,938 (45,3061 493,522 728,979 145,3081 CurrentAssets 189.041 Current Llabllthe$ 988,154 189.041 1,177,195 Unre?trlct8d funds D•signated fund$ Re$trlcted funds Total funds At 31 March 2023 Flxad Assets 493,522 504.891 175.112) 493,522 693,932 (75,112) Current Assets Current Llabllltle$ 189,041 923,301 189.041 1.112.342 Funds at 2022 Movement In fund8 Transfers bet￿en Fund$ at 2023 The indivldual funds induded above are.. All ￿¥th•r piteh fttnd Members, prolect fund Minibus renewal fvnd Buildlng extenslon fund Computer devdopment Sundry. Induthng redundanGy118blllty 80,000 8.765 20,000 40,276 20.000 1.(MJ8.154 80,000 8.765 20,000 40,276 20,000 943,301 164.8S31 1,177.195 {64,853} 1.112,342 18 DANSON YOUTH TRUST Notss to th• A¢¢ounts for the year arid￿ 31 March 2023 Analys1$ of movemonts in funds a8 shown In thg table above 5ncomln9 Resourc•s Outgolng Resourc•s Gains & Los¥e¥ Movomgnt in funds Sundry 361,229 426,082 184.853) All w¢ather pitch fund - Afund designated forthe refuTbi8hment of th9 Irusvs existing all wèolher pileh. Member8. project fund - A fund doslgned for monies ralsed by members inctudlng th8 boxlng fLJnd. Minibus fund - A fvnd set up by Ihg Tnjstegs for the eventual replscement of tha cenlre'5 minibus. Building fund - A fund dèsigned In respect of the 2 storey extensSon at th• rear of the t￿tre. Comput8r devdopm8nl - A fund set up lo assist with the upgrade and replacement. 11 Endowment Funds The Charty had no endowment funds in the year ended 2023 or in the year ended 2022. 12 Share Capital The Charty 18 Incorporated under the Companies Acts and Is IEmiled by guarantee each member having undertaken to contrlbute suth amounts noi excoedlng one Poun￿ a¥ may be Tequlr¢d in th8 ev•nt ofthts cornparty bolng wound up whibt he OT ¥he 16 Still a member.or withln one year thereafter. There are 6 mernbors of the ¢orripany12022- 6 mambersl 19 DANSON YOUTH TRUST Schedule to the Statement of Flnancial Activitios for the year endad 31 March 2023 Status of thls schedul• to thg stateM￿t of Finan¢lal Activities This schedule is an intrinsic part of the accounts required to comply whh the 2008 Revision of the Statement of Retr)mmended Practlce for Aethuntlng and Reportlng i¥sued by the Charity Commissioners for England & Wales. revised June 2008. Howevor it is not part of Ihè statutory accounts required undÉr fhe provisions of the Companies Ad 2006 in re18tion to incorpwaled charities. Unrestrlcted Funds 2023 Rgstricted Funds 20 Total Funds Prior Perlod Total Fund$ 2022 2023 Incoming Resources Incomlng Resources for gan•rate