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2021-03-31-accounts

Company registration number: 04198581 Charity registration number: 1087410

Nottinghamshire Clubs For Young People Limited

(A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 March 2021

Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL

Nottinghamshire Clubs For Young People Limited

Contents

Reference and Administrative Details 1
Trustees' Report 2 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6 to 7
Balance Sheet 8
Notes to the Financial Statements 9 to 20

Nottinghamshire Clubs For Young People Limited

Reference and Administrative Details

Miriam Jackson, Chair Alan Williams, Treasurer Danny Marshall John Cottee Francis Dunkley Karl White Colette Byrnne Rachel Dyer Lisa Barker, Chief Executive

Trustees

Senior Management Team Principal Office

Principal Office Monty Hind Training Centre Leengate Lenton Nottingham NG7 2LX Company Registration Number 04198581 Charity Registration Number 1087410 Independent Examiner John O'Brien, employee of

John O'Brien, employee of Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL

Page 1

Nottinghamshire Clubs For Young People Limited

Trustees' Report

The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 March 2021.

Trustees

Miriam Jackson, Chair

Alan Williams, Treasurer

Danny Marshall John Cottee Francis Dunkley Karl White Colette Byrnne Rachel Dyer

Structure, governance and management

Nature of governing document

The charity is a company limited by guarantee and registered charity. It is operated under the rules of its memorandum and articles of association dated 11 April 2001. It has no share capital and the liability of each member in the event of winding-up is limited to £1.

Recruitment and appointment of trustees

For the appointment of new trustees, we do a skills audit of the board and actively seek to fill the identified gaps with new trustees. An advert is placed in NCVS's e bulletin and on our website, facebook and twitter account. The post is also shared by word of mouth. An application form is completed and the candidate is invited for an interview. If successful they will be proposed at the next AGM for them to join the organisation.

Objectives and activities

Objects and aims

To help and educate young persons in the county of Nottinghamshire through their leisure time activities so to develop their physical, mental and spiritual capacities that they may grow to full maturity as individuals and members of society and that their conditions of life may be improved by the establishment and development of Nottinghamshire clubs for young people throughout the county of Nottinghamshire.

To champion, inspire and support young people throughout Nottinghamshire directly through events and activities and indirectly through support and training to clubs, projects, staff and volunteers.

Our main activities include organising events and an activities programme; a training programme; family fun-days; residential trips and camps; day trips; sporting competitions; drama workshops and productions.

Page 2

Nottinghamshire Clubs For Young People Limited

Trustees' Report

Objectives, strategies and activities

Nottinghamshire Clubs for Young People (Notts CYP) is a voluntary youth organisation that is dedicated to helping young people in Nottinghamshire be healthy, safe, confident and successful. Notts CYP are passionate about ensuring equality of opportunity for the most marginalised young people in Nottinghamshire, therefore have always worked hard to target young people with the greatest disadvantage; many from areas of deprivation, with low social mobility and social isolation.

Over the past 6 years, Notts CYP has predominantly worked with young people with disabilities (many complex) and/or additional learning needs via activity programmes, sports sessions, informal education, life skills, cooking classes and social sessions. These weekly sessions include open access youth club provision for young people, sports sessions including table tennis; badminton; Super 1’s cricket; football; basketball; life skills and personal development sessions; social events; adventure days; sports coaching; fitness sessions; drama workshops and tournament opportunities. Notts CYP also deliver vocational courses to our members, volunteers, staff, affiliated groups and the wider community; these include First Aid, Safeguarding, British Sign Language, Health and Safety, Food Hygiene, Volunteer Passport, and Youth Work.

Notts CYP not only offers essential and specialised support for young people, but it also enables invaluable respite for parents and carers. The vulnerable young people who access Notts CYP services develop their personal and social skills, building their confidence and self-esteem by focusing on their abilities (rather than disabilities) and personal strengths, thus helping them to achieve their full potential, become active citizens and lead a better quality of life.

Achievements and performance

We were able to offer a very good alternative programme during the pandemic, which consisted of socially distanced home visits, production of well being bags, daily Zoom calls, sports sessions, a virtual youth club followed by opening up every day after the initial lockdown. All the staff were on full pay during the pandemic as it was recognised that they were working harder than ever and at different times delivering new and innovative work.

Notts CYP have developed new services due to demand throughout the pandemic. These new sessions are enhancing the confidence of young people through several means. Our members who are too old to attend the youth club have now become mentors – “Monty’s Mentors” and this includes learning about policies and procedures such as safeguarding, confidentiality etc. These young adults will be leading sessions for our new junior youth club which starts in September. We have also started a new group called "Chop it like it's hot" which are a group of young people who will be cooking for the community and holding social supermarkets.

Thank you to all our supporters, funders and especially the young people who benefit from the organisation.

Public benefit

We are a youth organisation which provides advice, support and information to our affiliated clubs. We provide a diverse training programme and an events programme for young people to participate in. Young people grow and develop personally and sociably in a safe environment. We also provide opportunities for young people to improve their employment prospects.

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Financial review

We have had a very good year and have been able to secure many new funding opportunities. Our free reserves, which are the current assets within general funds and not designated, stand at £33,243.

Page 3

Nottinghamshire Clubs For Young People Limited

Trustees' Report

Policy on reserves

The charity aims to hold a minimum of 6 months operating capital in reserve. It has a policy of keeping some reserves in short term deposits that can be easily accessed.

The charity keeps a designated fund for the upkeep and maintenance of the building and have also decided this year to put aside £50,000 as a designated fund for the costs involved in closure just to ensure that there are adequate funds remaining should the need arise.

Principal risks and uncertainties

Loss of room rental income

There is a risk that we could lose income due to groups who use the building dispersing and having another total lockdown.

Statement of Trustees' Responsibilities

The trustees (who are also the directors of Nottinghamshire Clubs For Young People Limited for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Small companies provision statement

This report has been prepared in accordance with the small companies regime under the Companies Act 2006.

The annual report was approved by the trustees of the charity on 24 June 2021 and signed on its behalf by:

......................................... Miriam Jackson Trustee

Page 4

Nottinghamshire Clubs For Young People Limited

Independent Examiner's Report to the trustees of Nottinghamshire Clubs For Young People Limited

Independent examiner’s report to the trustees of Nottinghamshire Clubs For Young People Limited ('the Company')

I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2021.

Responsibilities and basis of report

As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts 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 your 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

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 that in any material respect:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts 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

  4. the accounts 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 O'Brien MSc, FCCA, FCIE, employee of Community Accounting Plus Fellow of the Association of Charity Independent Examiners

Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL

28/6/21 Date:.............................

Page 5

Nottinghamshire Clubs For Young People Limited

Statement of Financial Activities for the Year Ended 31 March 2021 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

Note
Income and Endowments from:
Donations and legacies
2
Charitable activities
3
Investment income
4
Other income
5
Total Income
Expenditure on:
Charitable activities
7
Total Expenditure
Net income/(expenditure)
Transfers between funds
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
19		 Unrestricted
funds
£
112,076
22,313
547
31,117
166,053
(128,999)
(128,999)
37,054
3,619
40,673
145,160
185,833		 Restricted
funds
£
-
14,172
-
-
14,172
(32,655)
(32,655)
(18,483)
(3,619)
(22,102)
22,102
-		 Total
2021
£
112,076
36,485
547
31,117
180,225
(161,654)
(161,654)
18,571
-
18,571
167,262
185,833		 Total
2020
£
51,361
79,682
453
47,981
179,477
(149,533)
(149,533)
29,944
-
29,944
137,318
167,262

All of the charity's activities derive from continuing operations during the above two periods.

The funds breakdown for the period is shown in note 19.

Page 6

Nottinghamshire Clubs For Young People Limited

Statement of Financial Activities for the Year Ended 31 March 2021 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

These are the figures for the previous accounting period and are included for comparative purposes

Note
Income and Endowments from:
Donations and legacies
2
Charitable activities
3
Investment income
4
Other income
5
Total income
Expenditure on:
Charitable activities
7
Total expenditure
Net income
Transfers between funds
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
19		 Unrestricted
funds
£
51,361
48,642
453
47,981
148,437
(141,250)
(141,250)
7,187
655
7,842
137,318
145,160		 Restricted
funds
£
-
31,040
-
-
31,040
(8,283)
(8,283)
22,757
(655)
22,102
-
22,102		 Total
2020
£
51,361
79,682
453
47,981
179,477
(149,533)
(149,533)
29,944
-
29,944
137,318
167,262

Page 7

Nottinghamshire Clubs For Young People Limited

(Registration number: 04198581) Balance Sheet as at 31 March 2021

Note
Fixed assets
Tangible assets
13
Current assets
Debtors
14
Cash at bank and in hand
15
Creditors: Amounts falling due within one year
16
Net current assets
Net assets
Funds of the charity:
Restricted income funds
Restricted funds
19
Unrestricted income funds
Unrestricted funds
Total funds
19		 2021
£
41,103
1,928
143,941
145,869
(1,139)
144,730
185,833
-
185,833
185,833		 2020
£
34,656
8,179
126,365
134,544
(1,938)
132,606
167,262
22,102
145,160
167,262

For the financial year ending 31 March 2021 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements on pages 6 to 20 were approved by the trustees, and authorised for issue on 24 June 2021 and signed on their behalf by:

......................................... Alan Williams Trustee

Page 8

Nottinghamshire Clubs For Young People Limited

Notes to the Financial Statements for the Year Ended 31 March 2021

1 Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: 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) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act 2011.

Basis of preparation

Nottinghamshire Clubs For Young People Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

The financial statements have been prepared on a going concern basis.

The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements.

Exemption from preparing a cash flow statement

The charity opted to adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donations and legacies

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

Page 9

Nottinghamshire Clubs For Young People Limited

Notes to the Financial Statements for the Year Ended 31 March 2021

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Government grants

Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets costing £500.00 or more are initially recorded at cost.

The main premises comprise The Monty Hind Training Centre which includes a Sports Hall. The land is held under a lease and the building is owned by Nottinghamshire Clubs for Young People. The Maurice Youdell Accommodation Lodge was built in 1991 and is owned by Nottinghamshire Clubs For Young People.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class Furniture & equipment Buildings Computer equipment

Depreciation method and rate 20% on a straight line basis 2% on a straight line basis 20% on a straight line basis

Page 10

Nottinghamshire Clubs For Young People Limited

Notes to the Financial Statements for the Year Ended 31 March 2021

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.

Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees.

Restricted income funds are those grants for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Pensions and other post retirement obligations

The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

2 Income from donations and legacies

Donations and legacies;
Donations from companies, trusts and similar proceeds
Grants, including capital grants;
Government grants		 Unrestricted
funds
General
£
98,126
13,950
112,076		 Total
2021
£
98,126
13,950
112,076		 Total
2020
£
40,148
11,213
51,361

Page 11

Nottinghamshire Clubs For Young People Limited

Notes to the Financial Statements for the Year Ended 31 March 2021

3 Income from charitable activities

Grants & donations
Events & activities
Training
Lodge
Affiliation
Services
4
Investment income
Interest receivable and similar income;
Interest receivable on bank deposits
5
Other income
Rental income		 Unrestricted
funds
General
£
Restricted
funds
£
-
14,172
2,238
-
260
-
500
-
-
-
19,315
-
22,313
14,172
Unrestricted funds
Designated
£
General
£
18
529
Unrestricted
funds
General
£
31,117		 Total
2021
£
14,172
2,238
260
500
-
19,315
36,485
Total
2021
£
547
Total
2021
£
31,117		 Total
2020
£
31,040
7,529
20
4,649
497
35,947
79,682
Total
2020
£
453
Total
2020
£
47,981

Page 12

Nottinghamshire Clubs For Young People Limited

Notes to the Financial Statements for the Year Ended 31 March 2021

6
Grants & donations
Nottinghamshire County Council
The Lottery Community Fund
Tuthill
True Colours
NCF Net Fund
Thomas Farr
The Jones Trust
Awards for All
UK Youth
Castle Cavendish
Sir John Eastwood
The Haramead Trust
Charles Littlewood Hill Trust
Louis Nicholas Trust
Anonymous
J N Derbyshire Trust
Winnifred Eileen Kemp Trust
J Murray
Albert Hunt
A Gallagher
Amanda Lee
Whitaker Trust
Active Partners Trust
Nottingham Trent University
ESF Community Grant
Leeds Building Society
Jessie Spencer
G T Littlefayre
Tesco
LVA Group
Gordon Memorial Trust
Fitton Trust
Petit Charitable Trust
Send
Sundry grants & donations		 Unrestricted
funds
£
13,950
-
-
5,000
5,000
4,000
2,500
-
8,500
2,040
2,000
5,000
1,000
5,000
5,650
3,300
2,000
2,000
1,000
1,000
500
1,000
1,040
1,000
33,928
950
500
500
500
250
250
250
250
250
1,968
112,076		 Restricted
funds
£
-
1,000
4,672
-
-
-
-
8,500
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
14,172		 Total
£
13,950
1,000
4,672
5,000
5,000
4,000
2,500
8,500
8,500
2,040
2,000
5,000
1,000
5,000
5,650
3,300
2,000
2,000
1,000
1,000
500
1,000
1,040
1,000
33,928
950
500
500
500
250
250
250
250
250
1,968
126,248

Page 13

Nottinghamshire Clubs For Young People Limited

Notes to the Financial Statements for the Year Ended 31 March 2021

7 Expenditure on charitable activities

Service charges
Depreciation
Equipment
Events & activities
Insurances
Fundraiser
Legal & professional
Lodge
Maintenance & refurbishment
Volunteer expenses
Marketing
Printing, stationery & postage
Supplies
Salaries, NI & pension
Subscriptions
Sundry expenses
Telephone
Training
Travel
Utilities		 Unrestricted
funds
General
£
347
3,832
11,825
467
5,717
1,650
2,809
-
5,440
42
192
9,094
5,479
60,845
585
438
3,024
7,042
759
9,412
128,999		 Restricted
funds
£
-
905
1,000
682
-
-
-
-
4,138
-
-
-
-
25,930
-
-
-
-
-
-
32,655		 Total
2021
£
347
4,737
12,825
1,149
5,717
1,650
2,809
-
9,578
42
192
9,094
5,479
86,775
585
438
3,024
7,042
759
9,412
161,654		 Total
2020
£
1,703
2,499
5,082
8,948
5,394
2,318
2,133
111
14,855
530
456
4,904
3,321
73,727
310
1,056
2,725
3,465
1,187
14,809
149,533

8 Net incoming/outgoing resources

Net incoming resources for the year include:

Depreciation of fixed assets

2021 2020
£ £
4,737 2,499

Page 14

Nottinghamshire Clubs For Young People Limited

Notes to the Financial Statements for the Year Ended 31 March 2021

9 Fees payable to independent examiner

During the period, the fees payable (excluding VAT) to the charity’s independent examiner Community Accounting Plus are analysed as follows:

Accounting Plus are analysed as follows:
Independent examination
Other financial services		 2021
£
925
660
1,585		 2020
£
925
753
1,678

10 Staff costs

The aggregate payroll costs were as follows:

Staff costs during the year were:
Wages and salaries
Social security costs
Pension costs		 2021
£
83,195
2,116
1,464
86,775		 2020
£
70,014
2,243
1,470
73,727

The monthly average number of persons (including senior management team) employed by the charity during the year was as follows:

Average number of employees

2021 2020
No No
6 5

2 (2020 - 2) of the above employees participated in the Defined Contribution Pension Schemes.

Contributions to the employee pension schemes for the year totalled £1,464 (2020 - £1,470).

No employee received emoluments of more than £60,000 during the year.

The total employee benefits of the key management personnel of the charity were £37,496 (2020 - £28,474).

Page 15

Nottinghamshire Clubs For Young People Limited

Notes to the Financial Statements for the Year Ended 31 March 2021

11 Trustees remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No trustees have received any reimbursed expenses or any other benefits from the charity during the year.

12 Taxation

The charity is a registered charity and is therefore exempt from taxation.

13 Tangible fixed assets

Cost
At 1 April 2020
Additions
At 31 March 2021
Depreciation
At 1 April 2020
Charge for the year
At 31 March 2021
Net book value
At 31 March 2021
At 31 March 2020
14 Debtors
Trade debtors
Prepayments
Other debtors
15 Cash and cash equivalents
Cash on hand
Cash at bank		 Buildings
£
80,000
-
80,000
48,000
1,600
49,600
30,400
32,000		 Furniture and
equipment
£
3,410
11,184
14,594
1,624
2,919
4,543
10,051
1,786		 Furniture and
equipment
£
3,410
11,184
14,594
1,624
2,919
4,543
10,051
1,786		 Computer
equipment
£
1,087
-		 Total
£
84,497
11,184
95,681
49,841
4,737
54,578
41,103
34,656
2020
£
5,362
2,817
-
14,594 1,087
1,624
2,919		 217
218
4,543 435
10,051 652
1,786 870
2021
£
1,638
243
47
1,928
2021
£
1,387
142,554
143,941
8,179
2020
£
1,512
124,853
126,365

Page 16

Nottinghamshire Clubs For Young People Limited

Notes to the Financial Statements for the Year Ended 31 March 2021

16 Creditors: amounts falling due within one year

16 Creditors: amounts falling due within one year
Other taxation and social security
Other creditors		 2021
£
-
1,139
1,139		 2020
£
217
1,721
1,938

17 Charity status

The charity is a company limited by guarantee and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.

18 Commitments

Capital commitments

The charity has a lease for the land on which their building stands in agreement with the Co-op for a peppercorn rent with no specified end date.

The total amount contracted for but not provided in the financial statements was £Nil (2020 - £Nil).

Page 17

Nottinghamshire Clubs For Young People Limited

Notes to the Financial Statements for the Year Ended 31 March 2021

19 Funds

Unrestricted funds
General
General Fund
Designated
Building & Refurbishment
Reserve Fund
Redundancy & exit reserve
Total Unrestricted funds
Restricted funds
Salaries Fund (Awards for All)
Refurbishment (Star Trust)
Salaries & Activities Fund
(Tuthill)
Covid Response (Lottery
Community Fund)
Total restricted funds
Total funds		 Balance at 1
April 2020
£
107,691
37,469
-
37,469
145,160
9,730
8,662
3,710
-
22,102
167,262		 Incoming
resources
£
166,035
18
-
18
166,053
8,500
-
4,672
1,000
14,172
180,225		 Resources
expended
£
(128,999)
-
-
-
(128,999)
(18,230)
(5,043)
(8,382)
(1,000)
(32,655)
(161,654)		 Transfers
£
(70,381)
24,000
50,000
74,000
3,619
-
(3,619)
-
-
(3,619)
-		 Balance at
31 March
2021
£
74,346
61,487
50,000
111,487
185,833
-
-
-
-
-
185,833

Page 18

Nottinghamshire Clubs For Young People Limited

Notes to the Financial Statements for the Year Ended 31 March 2021

Unrestricted funds
General
General Fund
Designated
Building & Refurbishment
Reserve Fund
Total unrestricted funds
Restricted funds
Salaries Fund (Awards for All)
Refurbishment (Star Trust)
Salaries & Activities Fund
(Tuthill)
Apprenticeship Fund
Total restricted funds
Total funds		 Balance at 1
April 2019
£
106,902
30,416
137,318
-
-
-
-
-
137,318		 Incoming
resources
£
148,384
53
148,437
9,730
10,766
7,710
2,834
31,040
179,477		 Resources
expended
£
(141,250)
-
(141,250)
-
(1,449)
(4,000)
(2,834)
(8,283)
(149,533)		 Transfers
£
(6,345)
7,000
655
-
(655)
-
-
(655)
-		 Balance at
31 March
2020
£
107,691
37,469
145,160
9,730
8,662
3,710
-
22,102
167,262

The specific purposes for which the funds are to be applied are as follows:

The designated building & refurbishment fund is kept to help with the maintenance of the building;

The new Redundancy & exit fund is a designated fund kept aside to ensure that should there be a time when the charity needs to close, there are funds remaining to do so;

The funding from Awards for All is towards the salary of the Assistant Youth Worker;

The Refurbishment fund, was funding received from the Star Trust, which has been used for the refurbishment work on the building;

The Salaries & Activities fund was funding from Tuthill, also towards the salary costs of the Assistant Youth Worker and for Events and Activities;

The Covid Response fund was received from the Lottery Community Fund and was used during the pandemic to enable equipment to be purchased, which helped through this time.

The transfer from the Refurbishment fund to the General fund represents the net book value of fixed assets, the use of which is not subject to any restriction.

The transfer from the General fund to the Building and the Redundancy & Exit designated funds are in line with the current reserves policy.

Page 19

Nottinghamshire Clubs For Young People Limited

Notes to the Financial Statements for the Year Ended 31 March 2021

20 Analysis of net assets between funds

Tangible fixed assets
Current assets
Current liabilities
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Total net assets		 Unrestricted funds
General
£
Designated
£
41,103
-
34,382
111,487
(1,139)
-
74,346
111,487
Unrestricted funds
General
£
Designated
£
Restricted
funds
£
34,656
-
-
74,973
37,469
22,102
(1,938)
-
-
107,691
37,469
22,102		 2021
Total funds
£
41,103
145,869
(1,139)
185,833
2020
Total funds
£
34,656
134,544
(1,938)
167,262

21 Related party transactions

There were no related party transactions in the year.

Page 20