Company registrdtion number.. 04198581 Charity registration number.. 1087410 Nottinghamshire Club For Young People Ltd. (A ¢ompany limited by guarantee) Annual Report and Finan¢ia] Statements for the Year Ended 31 March 2025 Community Accounting Plus Units l & 2 North West 41 Talbo¢ Street Nottingham NGI 5GL
Nottinghamshire Club For Young People Ltd. Contents Reference and Administrative Details Trustees, Report 2to4 Independent Examine$ Report Statement of Financial Activities 6t07 Balance Sheet Notes to the Financial Ststements 9t019
Iyottinghamshire Club For Young People Ltd. Reference and Administrative Details Trustees Rachel Burton-Dyer, Chair Francis Dunkley Leah Wdford Kelly Knowles Lisa Barker, Chief Executive SeDfior Management Team Charity Registrgtion Number 1087410 Company Registr8don Number 04198581 Registered Office Monty Hind Training Centre Leengate Lenton Nottingham NG7 2LX Independent Examiner John O'Brien. employee of Comrnunity A¢¢4)unting Plus Units l & 2 North West 41 Talbot Street Nottingham NGI 5GL Page I
Nottinghamshire Club For Young People Ltd. Trustees, Report The trnstees, who are dired015 for the purposes of company law, preseni the annual report together with the financial statements of the Gharitsble company for the year ¢nd¢d 31 March 2025. Trust and officers The trustees and officers serving during the year and sinre the year end were as follows: Trustees: Rachel Burton-Dyer, Chair Miriam Jackson, Vice Chair (resigned 31 May 2025) Fran¢is Dunkley Colette Byrnne (resigned l April 2025) Matthew Parr (resigned l April 2025) Leah Woodford Kelly Knowles (appointed 4 July 2024) Strudure, governsnce and managemenl Nature ofgoverning doeumenl The charity 15 a company limited by guarantee and registered charity. It is operated under the rules of its memorandum and articles of association dated I l April 2001 and most recently updated 04 April 2024. It has no share capitsl and the liability of each member in the event of winding-up is limited to £1. Recruitment dndappointment of*rustec FOT 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 15 placed in NCVS'S e bulletin and on our website, facebook and twitter account. Th¢ pist is also shared by word of mouth. An application forni is ¢ompl¢ied and the candidat¢ is invited for an interyiew. If SU¢Ssful they will be proposed * the next AGM for thern to join the organisation. Objectives and actlvitles Objects and aim To help young people. especially but not exclusively through leisure time activities. so as to dcvelop their capabilities thai they may grow to full maturity as individuals and members of society. ObjecÉives, straÉegi£¥ aclivilies We deliver high quality youth work experien¢es and activities for young people aged 10-30 with complex needs in Nottinghamshire which build relationships, support personal and sorial development, enhance employability, provide life ¢han¢es and are safe, in¢lusiv¢ and fun. Page 2
Nottinghamshire Club For Young People Ltd. Trustees, Report Achievements and performanee We have had a really diificuli year as we were evicted from our building for 3 trjonths. This caused major problwns. however we Managed to secure new tempordry venues whilst we fought hard to regain possession of our premises. We were abl¢ to continue deliveIing all our services albeit on a smaller scale as some young people didn't feel comfortable with change. We were successful in securing funding to deliveT th¢ Holiday Activity Programme and we had sorne great outcomes with young people returning for all the programmes throughout the year. For the second year we offered a trip to ButliDs which not only pVided a fun experience for the young people but respite for their parentlcarers. We had some pital WO done, mainly a new kitchen boiler. radiators, insulation and a new ceiling. We have managed through hard work from everyone involved at NCYP. the trustees, 5tsff, volunteers, young people. 5UPPOrters, believers and legal to negotiate a new lease for 35 years. We will ¢ontinu¢ to tbrive and offer our amazing services to the young people of Nottinghamshire as w¢ have se¢ured 2 years funding for most of our part time staff. Thanks Thanks go to everyone involved with NCYP including stakeholders. fimders, and legal who have been absolutely brilliant during this very lough year but we have corne out th¢ other side stronger than ever. THANK YOU TO ALL. Public benefit We are a youth organisation whi¢h provides training Opportunities and personal and social development initiatives. Young people gmw and develop in a safe and welcoming cnviromnent. We also provide externally nded opportunities for young people to improve their employment prospe¢ts. The trustees confimi that they have complied with th¢ requirem¢nts 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 managed our finances very well this year but we had lots of financial support from our 8UPPOrters. Policy on rerV The charity aims to hold between 3 & 6 month5 of operating capital in reserve (currently reserves equate to 5 months operaling capitsl). It a policy of keeping som¢ res¢rYes in short teTm deposits that Can be 1]Y accessed. The charity keeps a designated thnd for the upkeep and maintenance of the building and also a designated fund for the costs involved in closure just to ensure that ihere are adquate funds remaining should th¢ need arise. Principal nsks and uncertainties Loss ofincome Th¢ lack of core funding opportunities is a risk to our organisation, and also the retention of groups. We have releasd a member of stsff one day per week to fo¢us on funding appli¢alions. Page 3
Nottinghamshire Club For Young People Ltd. Trustees, Report Statement of Responsibilities Th¢ trustees (who are also the directors of Nottinghamshire Club For Young People Ltd. for the purposes of Cotnpany law) are responsible for prepaTing the trnstees. report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards {United Kingdom G¢neTally Accepted Accounting Practice). including FRS 102 "The Financial Reporting Standard appltcable in the UK and Republic of Jreland" The report and accounts hav¢ been prepared in accordance with the provisions in the compani Act 2006 relating to small companics. Company law requi the trustees to prepare financial ststements for each financial year. Under company law the trustees must not appmve the financial stalements unless they are satisfied that they give a true and fair view of the state of affairs of the charitsble company and of the incoming resources and application of resources, including its income and expenditure, of ihe charitable ¢ompany for thal period. In preparing these financial statements, the trust¢¢s ar¢ required to: select suitsble accounting policies and apply them consistently. observe the methods and prin¢ipl¢s in the Charities SORP. make judgements and estimate5 that are reasonable and prudent: slate whether applicable xcounting standards, comprising FRS 102 have been frillowed, subject to any material departures disclosed and explained in the financial statements. and prepare the finan¢ial statements on the going concern basis unless it is inappropriate to presumc that the charitable company will Continue in business. The trustees are responsible for keeping proper acuntillg records thai can disclose with reasonable a¢cura¢y at any time the financial posltion of tbe charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They also responsible for Safeguarding the assets of the ¢haritable company and hence for taking reasonable gteps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial inforniation included on the charilable companYs website. Legislation governing the preparation and dissemination of financial stateTnents may differ from legislation in other jurisdictions. Small companie5 provision statement This report has been prepared in awordanc¢ with the small companies regime under the Companles Act 2006. Th¢ annual report was approved by the trustees of the charity on 10 July 2025 and signed on its behalf by: Rachel Burton-Dyer Trustee Page 4
Nottinghamshire Club For Young People Ltd. Independent Examiner's Report to the trustees of Nottinghamshire Club For Young People Ltd. {'the Company,) Indeptndent examiDer's report to the tStee% of Nottinghamshire Club For Young People Ltd. ethe Company,) I report to the charity tnteeS on my examination of the accounts of the company for the year ended 31 March 2025. R¢s81b]litles and basis of report As the charity's trnstees 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 requirement5 of the Companies Art 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 y(iur charity's a¢counts as carried out under section 145 of the Charities Act 2011 {'the 2011 Act.). In carying oul my examination I have follow¢d the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent ¢X2miner'8 ststement Since the Company's gross income ex¢e¢ded £250,000 your examiner must be a membeT of a b(Mly listed in section 145 of the 2011 Act. I confimi that l am qualified to undertake the examination because I arn a member and Fellow of the A$SlatIOn of Charity Independent Examiners, which is one of the listed bodies. I have completed my examination. I confirm th no matters have Come to my attention in nneCtIon wilh the examination giving me cause to believe that in any material respect: l. accounting records were not kept in respect of th¢ Compatty &8 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 Ath other than any requirement that the accounts give a 'true and faiv view which is not a matter considered a8 part of an independenl examination. or 4. the accounts have not been prepared in accordance with the methods and principles of the Statemeni of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard appli¢able in the UK and Republic of Ireland (FRS 102)]. I have no wncerns and have come across no other matters in connection with the examinion to which attention should be drawn in this report in order to enable a proper understauding of the accounts to be reached. John O'Brien Msc, FAIA. FCIE. employee of Community Accounting Plus Fellow of the Association of Charity Independent Examiners Units l & 2 North West 41 Talbot Streel Nottingharn NGI 5GL Date:................. Page 5
Nottinghamshire Club For Young Peopk Ltd. Statement of Financial Activities for the Year Ended 31 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Total 2025 Total 2024 Unrestrirted Restricted Iyote Income and Endowmrnts from: Donations and legacies Charitable activilies Inv¢stmcnt income Other inwme 88,759 84,622 1,985 39,034 88.759 136,920 1,985 39.034 27.392 192,014 1,088 49,309 52,298 Total Income 214,400 52,298 266.698 269,803 Expenditur¢ on: Charitable activilies (202.637) (35.884) (238,521) (311,919) Total Expenditure Net 1ncomel{expenditu) Transfers between funds (202.637) (35,884) (238,521} (311.919) 1 1,763 16.4]4 16,414 {16.414} 28,177 {42,116) Net mov¢ment in funds 28.177 28.177 (42.116) Re¢oneiliation offunds Total fid8 brought frjrward Total funds caffi¢d fonvard 117.366 117,366 159,482 20 145,543 145,543 117,366 All of the charity's activities d¢riv¢ from rontinuing operations during the above two periods. The funds breakdown for the period is shown ID nole 20. The notes on pages 9 to 19 forni an integrnl part of these financial statements. Page 6
Nottinghamshire Club For Young People Ltd. Statement of Financial Activities for the Year Ended 31 March 2025 (Jn¢luding In¢ome and Expenditure A¢¢ount and Statement of Total Recognised Gains and Losses) These are the figures for the previou$ aeeounllng period #nd are included for eompirative pUrP(S Unre8trict¢d Regtrieted Total funds funds 2024 Note Income #nd Endowments from: Donations and lega¢i¢s Charitable activities tnvestment income Other income 27,392 79,754 1,088 49,309 27,392 192,014 1.088 49,309 111260 Total income 157.543 112,260 269,803 Exp¢ndl¢ure OD: Charitable activities 199,659 112,260 311,919 Total expenditure Net expenditure Net mov¢ment in fvnds (199.659 112,260 (31J,919 42,116} 42,116 (42,116) (42,116) Reconciliation of fuDds Total funds brought fornvard Total funds Carried forward 159,482 159,482 20 117,366 117,366 The notes on pages 9 to 19 forni integral part of these financial statem¢nts. Page 7
Nottinghamshire Club For Young People Ltd. (Registration number: 04198581) Balance Sheet as at 31 Mareh 2025 2025 2024 No¢¢ Fixed assets Tangible assets 41,571 30,670 Current assets Debtors Cash at bank and in hand 12 10,420 94,771 6,982 81,105 88,087 13 105.191 Creditor5: Amounts f#l]ing due withln One year 14 {1,219) (1,391) Nel current assets 103,972 86.696 Net 955ets 145.543 117.366 Fund5 of the ¢harlty: Unr¢strfieted iDeome funds Unrestrirted funds 145,543 117,366 Total fund$ 20 145,543 117,366 For the financial year ending 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small ¢ompanies. Directors, responsibiltties: The members have nol required the ¢harity to obtain an audit of its accounts for the year in question in accordance with section 476. and The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting recoTds and the preparation of accounts. These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small compantes regime within Part 15 of the Companies Act 2006. The financial *atem¢nts on pages 6 to 19 wer¢ approved by tb¢ Iwstees, and authorised for issue on 10 July 2025 and signed on their behalf by: Rachel Burton-tjyer Trnstee The notes on pages 9 to 19 forni an integral part of these financial statements. Page 8
Nottinghamshire Club For Young People Ltd. Notes to the Financial Statements for the Year Ended 31 March 2025 l Aceounting polities Summary of significant accounting policies and key a¢¢ounting estimates The prin¢ipal accounting policies applied in the preparation of these fanCIal statements are set out below. These policies have been consistently applied to all tb¢ years presented. unless othenyise stated. Statement of eompliance The financial statemenls have been prepared in accordance with Accounting and Reportlng by Charities: Statement of Recommended Practice {applicable to charities preparlng their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) - (ChaTities SORP (FRS 102)). the Financial Reporting Standard applicable in the UK and Republic of Jr¢land (FRS 102) and the Companies Act 2006. B45is of preparAtion Nottinghamshire Club For Young People Ltd. meets the definition of A public benefit entity under FRS 102. Assets and liabilities are initially recognised at histr)rical cost or transaction value unless otherwise stated in the relevant accounting poli¢y notes. Going tontern Th¢ financial ststements have been prepared on a going concern basis. The tTUStces 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 th¢ charity to continue &q a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the fmancial statements. ExemptioD from preparing a cash flow statement Under the exemption availabl¢ to smaller charities the Board of TNstees h&8 chosen not to include a Statement of C&sh Flows within the fjnancial ststements. Ineome aDd endowments Voluntary income including donations, gifts, legacies and grants that provide core fvnding or are of a gen¢raJ nature is recognisd when the charity has entitlement to the incom¢. it Is probable that the income will be received and the amount ¢an be measured with suificient reliability. Donalions tmd leg4Ycies Donations ar¢ recognised when the charity has been notified in writing of bolh th¢ amount and settlement date. In lh¢ event that a donation is subject to conditions that require a level of perforn)ance by the charity before the charity is entitled to the funds, the Income is defe¢d and not recognised until either those conditions are fully rnet. or the fjjlfilment of those conditions is wholly within the control of the charity and it is probabl¢ that thes¢ onditions 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 perfonnan¢e ¢ondilions are atta¢h¢d to the granl and are yet to be meL the income is recognised as a liability and included on the balance sheet as deferred income to be released. Page 9
Nottinghamshire Club For Young People Ltd. Notes to the Financial Statements for the Year Ended 31 Mareh 2025 Government grants Government grants are recognised based on the accrual model and are njeasured at the fair value of the asset ceived or receivable. Grant5 are classified as relating either to revenue or to &8sets. Grants relating to revenue are recognised in income over the period in which the related costs are rccognised. 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. Kxpenditure All expenditure is recognised once there is a legal or constructive obligation to that expenditure. it is probable settlement 15 required and the amounl cay) be me&8ured reliably. All ¢osts are allocaled to the applicable expendilure heading that aggregale similar costs to that category. Where costs cannot be direcdy attributed to particular headings they have been allocated on a basis consistent with the use of r¢source5, with central slaff costs allocaied on the b&sis of time spent. and depreciation charge5 allocafrd on the portion of the asset's use. Other support ¢osts are allocated based on the spread of staff costs. Charitable aclivities Charitable expenditure comprises those costs Incued by the ¢harity in the delivery of its activities and seryices for its beneficiarie5. It includes both wsts that can b¢ allocated directly to 5u¢h activities and those costs of an indirect nature n¢¢essary to support them. Taxation The charity is considered to P&8S the tests set out in Paragraph I Schedule 6 of the Financc A¢t 2010 and therefore it meets the defmition of a charitable Company for UK cow)ration tsx puOses. Accordingly, the charity is potentially exempt from taxation in respect of income OT capital gains received within categories covered by Chapter 3 Part I l of the Corporation Tax Act 2010 or Section 256 of the T&Kation of Chargeable Gains Act 1992. to the extent that Such income or gains are applied exclusively to charitsble purposes. Tangible red assets Individual fixed assets costing £500.00 or more aTe initially recorded at wst. The main premises comprise The Monty Hind Training Centre whi¢h 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 kn)dge was built in 1991 and is owned by Nottinghamshire Clubs For Young People. Depreciation and amorti54tion Depreciation is Provided on tangible fixed assets so as to WTite off the cost or valuation, less any estimated residual value. over their expected useful economic life as follows- Asset elass Furniture & equipmenl Buildings Computer equipment Depreciation method and rate 20Q/o on a straight line basis 20/0 on a straight line basis 200/0 on a straight line basis Page 10
Nottinghamshire Club For Young People Ltd. Notes to the Financial Statements for the Year Ended 31 March 2025 Trade debtors Trade debtors are amounts duc from customers for merchandise sold or services perforn)ed in the ordinary course of business. Trade debtors are rccognised initially at the transaction price. They ar¢ subsequently measured at amortised cost using the effective interest methol less provision for impairnient. A provision for the impaimient of trade debtors is e5tablithed when ther¢ is objective evidence that the charity will not be able to collect all amounts due according to the original iernis of th¢ receivables. Cash and cash equivalents Cash and ¢ash equivalents comprise cash on hand and call deposits, and other short-tem] highly liquid investments that are readily convertible to a known amount of cash and are subject to an Insi]ficant risk of change in value. Fund structure Unrestricted income funds are general funds that are available for use at the trustees, discretion in fiirtherance of Ihe obj¢¢tives of the charity. Dcsignafrd funds are unrestricted funds set aside for specific pury)05es at the discretion of the trustees. PensioD$ 4nd other post retirement obligations The charity operates a defined contribution pension s¢h¢m¢ which is a pension plan under whi¢h 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 periixls. Contributions to defined contribution plans are recognised in the Statement of Financial Activilies when they are due. If contribution payments exceed the contribution due for s¢rYi¢e. the excess is recognised as a prepayment. 2 Income from donAtions ind legacies Unrestricted funds General Totsl 2025 TotAI 2024 Donations and legacies: Donation5 from Companies, trusts and 5irnilar proceeds Donations from individuals Grants, including capital grants; Government grants 66,538 17.578 66,538 17,578 25.754 1.638 4,643 88,759 4,643 88,759 27,392 Pagell
Nottinghamshire Club For Young People Ltd. Notes to the Financial Statements for tbe Year Ended 31 March 2025 3 Income from charirtable aetfvities Unrestrictsd funds General Restricted funds TotAI 2025 Total 2024 Grants & donations Events & activities Training Lodge Services Sundry income 52,298 52,298 15,056 107 748 112,260 21,332 628 3,667 54,039 88 15.056 107 748 68,711 68,711 84,622 52,298 136,920 192,014 4 Investment Ineome Unrestricted funds Designated Gentral Total 2025 Total 2024 Interest receivable and similar income. Interest receivable on bank deposits 280 1,705 1.985 1,088 5 Other income Unrestricted funds General Total 2025 Total 2024 Rental incorne 39,034 39,034 49,309 Page 12
Nottinghamshire Club For Young People Ltd. Notes to the Financial Statements for the Year Ended 31 March 2025 6 Grants & donations Unrestrieted funds Restrietsd funds Totsl Stvem Trent Water Castle Cavendish The Lady Hind Trnst The Tim Henman Foundation Nottinghamshire County Council Thomas Farr ESC tA)ttery fimd Clolhwork¢rs The Morrisons Foundation SCSJD Charitsble Trust A N Wallis Ltd The Jones Trust St James's Place Charitable Foundation The Whitaker Charitable Trust Winnifred Eileen Kemp Tnjst Wheelwrights Helen Jean Cope D Whitworth Charles Littl¢wood East Midlands Airport Fitton Trust Sundry grants & donations 16,781 4,451 16,781 16.320 30,000 7,794 4,643 4,000 3,910 9,600 7.794 3,500 3,100 3,000 2.500 2,000 2,000 1.878 1,500 1,000 J.000 909 250 17.578 11.869 30.000 7,794 4,643 4,000 3,910 9,600 7.794 3.500 3,100 3,000 2,500 2.000 1,878 1.500 l.lJOO 1,000 909 250 17,578 88.759 52,298 141.057 7 Net ineomingloutgoing resour¢es Net Incomin(oUtgo1ftg) resources for the year include: 2025 2024 Depreciation of fixed assets 8,774 5,057 Page 13
Nottinghamshire Club For Young People Ltd. Not&8 to the Financial Statements for the Year Ended 31 March 2025 8 Fees payable to independenl examiner During the peTiod, the fees payable (excluding VAD to the charity's independent examiner Community A¢¢ounting Plus analysed &8 follows: 2025 2024 Independent &wnination Other financial services I,oio 1.046 I,oio 968 2.056 1,978 9 Expenditsre on charitable aetivities Unrestrirted funds General Restricted funds Total 2025 Total 2024 Service ¢harges Depreciation Equipment Events & activities Insurances FundTai5er Room hire Legal & professional Rent Mainlenance & refurbishment Volunteer expenses PrAnting, stationery & postsge Supplies Salaries. Nl & pension Subscriptions Sundry expenses Telephone Training Trdvel Utilitie5 Uniforni 588 588 8.774 2,437 16,398 7.338 562 400 10.938 4.500 28.687 551 5.057 1,716 16,781 5,832 1,963 ,774 207 574 2,230 15.824 7,338 562 400 10,938 4,500 10,028 39 8,853 2.489 125,154 2.589 18,659 51 115,622 443 7.650 5.029 129,752 1.460 871 8.853 3,576 131,655 1,087 6,501 451 2.935 1.645 235 6.429 358 451 2,935 1.645 266 6.429 358 3,077 3,210 387 9,086 843 31 202,637 35,884 238,521 311,919 Page 14
Nottinghamshire Club For Young People Ltd. Notes to the Financial Statements for the Year Ended 31 March 2025 10 Staff costs The aggr¢gate payroll Costs were as follows.. 2025 2024 Staff costs duriDg the ye8r were: Wages and salaries Social security costs Pension costs 125,647 3,767 2,241 124,169 3,407 2,176 129,752 131.655 The monthly aveTage numkr of persons (including senior management team) employed by the chaTity during the year w&8 as follows: 2025 No 2024 Iyo Average number of employees 10 4 (2024- 4) of the above employees participated in the Defined Contribution Pension Schemes. Contributions to the employeK pension schemes for the year totalled £2,241 (2024- £2,176). 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 £44,839 (2024- £43,063). 11 T#nglble fiied assets Furnithre and equipment Computer equipment Buildings Total Cost At l April 2024 Additions 80,000 19.608 19.675 1.087 100,695 19,675 At 31 March 2025 80,000 39,283 1,087 120,370 Depreci#tion At l April 2024 Charge for the year 54,400 1.600 14,538 7,174 1,087 70,025 8.774 At 31 March 2025 56,000 21.712 1.087 78,799 Net book valu¢ At 31 March 2025 24.000 17,571 41.571 At 31 March 2024 25,600 5,070 30,670 Pag¢ 15
Nottinghamshire Club For Young People Ltd. Notes to the Financial Statements for the Year Ended 31 March 2025 12 Debtors 2025 2024 Trad¢ debtors Prepayments 6,049 4,371 6,436 546 10,420 6,982 13 Cash *nd casb equiv4lents 2025 2024 Cash on h8nd Cash at bank 3.597 91,174 3236 77,869 94,771 81,105 14 Creditors: Imounts falling due within one yexir 2025 2024 Other creditors 1,219 1,391 IS Taxation The charity is a registered charity and is iherefore exempt from tsxation. 16 Charity slatu$ The charity is a company limited by guarantee and consequently does not have share ¢apital. Each of the trustee5 is liable to contribut¢ an amount not exceeding £1 towards the assets of the clwity in the event of liquidation. 17 Commitments CApital commitments The charity has a lease for the land on which their building stands beginning on 1st January 2025 for 34 years until 31st Dernber 2058. The rent for the first year is £10,000 increasing lo £20.000 in the 2nd year and subject to a rent review every 5 years. There is the option for a break clause by giving the landlord 3 months. notice. Therefore the commitment at the balance sheet is 3 months, of th¢ current yeaes rent. The total arnount contracted for but not provided in the financial ststements was £2.500 12024- £Nil). Page 16
Nottinghamshire Club For Young People Ltd. Notes to the Financial Statements for the Year Ended 31 March 2025 18 Trustee8 remunerAtion and expen$e$ No trustees, nor any p¢rsons connethd with them, have received any remunerdtion from the ¢harity during the No Iwstees have received any reimbursed expenses or any other benefits from the ¢harity during the year. 19 Related party trnnsactions Therc w¢r¢ no related party trdnsartions in the year. 20 Funds BAlance it 31 March 2025 Balance at I April 2024 Incoming resources Resources expended Transfe Unrutrirted funds General General Fund 55,670 214,120 (202.637) 16,414 83,567 Designaled Building & Refvrbishment Reserve Fund Redundancy & exit Tescrve 11,696 50,000 280 11,976 50,000 61,696 280 61.976 Total unr¢strh¢t¢d funds 117,366 214.400 202,637) 16,414 145.543 Restricted funds Holidays Activities Fund Salaries Fund Equipment fund RerbishmenI 4.451 4,000 25.188 18,659 (4,451} (4,000} (8,774) (18.659) (16,414) Totsl restricted thnds 52,298 (35,884} 16,414 Total funds 117,366 266,698 (238,521) 145,543 Page 17
Nottinghamshire Club For Young People Ltd. Notes to the Finan¢ial Statements for the Year Ended 31 March 2025 The $pecifJc purposc5 for which the fimds are to be applied are as follows: The designated Building & Refi]rbishment nd is kept to help with the maintenance of the building" The Redundancy & Exit fimd is a designakd fund kept &8ide to ensure that should there be a time when the ¢harity n¢eds to close. there are funds remaining to do so. Restricted funds wnsist of: The Holiday Activities fund, is funding from Castle Cavendish to deliver holiday activity programmes. The Refurbishment fund was funding received from S¢vern Trent Water and Wheelwrights, which was used for maintenance work on the new kitchen, boiler and he*ing and also ihe ceiling of the concert hall. The Equipment fund was supported by the Tim Henman Foundation, Clothworkers charity and The Morrisons Foundation whi¢h enabled us to purchase a new net for the sports hall and interactive tables and a smart board; The Salaries fund, was funding from Thomas Farr and has help fund our staff team without whom our activities couldn't continue. Last year there was also the following restricted fi]nd: The Employability Course fund was funding from Awards for All, towards the costs of nmning a course to help with employability. The transfer from the equipment fund to the General fimd Tepre5ents the net book value of fixed assets, the use of which is not subject to any restriction. Balance at 31 March 2024 Balance at I April 2023 Incoming resources Re50urees expended Transfers Unrestricted fuDd8 General General Fund 65,584 156.730 (199,644) 33.000 55,670 Designated Building & Refurbishment Reserve Fund Redundan & ¢xit reserve 43,898 50.000 813 {15) (33,000) 11,696 50.OIN) 93,898 813 (15) (33,000) 61.696 Total unrestricted funds 159,482 157.543 {199,659) 117,366 Restricted Holidays Activities Fund Employability Course Fund (Awards for All) Refurbishment frfIF} 14,063 (14.063) 9.421 88.776 (9,421) (88,776) Total restrieted thnds 112.260 (112,260) Tothl funds 159.482 269,803 (311.919) 117.366 Page 18
Nottinghamshire Club For Young People Ltd. Notes to the Financial Ststements for the Year Ended 31 Mareh 2025 21 Analysis ofnet assets between funds Unrestrieted 2025 Total funds Gtneral Desiated Tangible fixed assets Current assets Current liabiliti¢s 41.571 43,215 (1,219) 41.571 105.191 (1,219) 145.543 61.976 Total net assets 83,567 61,976 Unrestricted 2024 Total funds General Dèsignated Tangible fixed assets Curr¢nt assets Current liabilities 30.670 26.391 (1.391) 30,670 88,087 {1,391) 61,696 Total Det assets 55.670 61,696 117.366 Page 19