REGISTERED COMPANY NUMBÉR: 04308289 IEngl•nd and Wal••l REGISTERED CHARITY NUMBER: 1090549 Roport of tho Tru8toes and Unaudltod Flnanclal Statements for the Year Endod 31 Mar¢h 2022 THE CAXTON YOUTH ORGANISATION 11 & Co. Ch•ffor•d n(ts 107 Hirdes Road arr Iddlesex HA1 1RU
THE CAXTON YOUTH ORGANISATION Contènts of the Flnancial Statements for th• Yèar Ended 31 March 2022 Pa90 Rotsyonce and Admln15tratlvè Dots11s R•port ofth¢ Tru8ts88 2 10 3 In1)nt Examlnofs Report ststgrn•ntof Finaneool AcUvlUes Balan¢e Sheet Notes to the FlnaA¢ial Statements 7 to 13
THE CAXTON YOUTH ORGANISATION Referènce and Admini¥tratlve Detsll$ for the Year Endtd 31 March 2022 TRUSTEES Mrs A M Caro (Honorary Secretaryi Ms L Farthing Ms N Carlile Mr T C ChaNvin Ico-chalr until 4.11.211 Mr M F Myers Mrs D Shannon Ire$ign8d 4.11.211 Mr8 L J Rowley (Honorary Treasurer) Mr PW Law1& M8 H Rahm4n Ms D D R Johnson Ire5igned 28.10.221 M$ B Klnsella Ictrchair until 4.11.211 Mrs C A Boddington IGh8ir- appointed 4.11.211 COMPANY SECRETARY Mrs A M Caro REGISTERED OFNCE B•sement Clubroorns rinlem House, Abbots Manor Estate Alderney Str86t London SW1V4JF REGISTERED COMPANY NUMBER 04308289 IEn9land and Wale51 REGISTERED CHARITY NUMBER 1090549 INDEPENDENT EXAMINER Hill Wooldrfdge & Co. Chartered AGwuntants 107 Hindas Road Harrow Middle$ex HA1 1RU Page 1
THE CAXTON YOUTH ORGANISATION (REGISTERED NUMBER: 043082891 Report of the Tru$tsgS forth• Year Ended 31 March 2022 Th& tnjstses who a also directors of the charity for the purpose$ of the Cemp8ntÈs Act 2006, pre6entthelr report th th6 financlal $t8tements of the ¢harfty for the year ended 31 March 2022 Tha trusteey have adopted the provi$ions of knounting and ReporbrvJ by Charillgs.. Statsmenl ol Recommended Practice applicable lo ch8rib'e$ pieparfng their accounts in aordance wrth Ihe Financ181 Reportsng Standard applb in the UK and R8publi¢ ol IreLqnd IFRS 1021 (eff¥0 1 January 20191. 08JECTNES AND ACTIVITIES Obl8Ctlv85 and alm¥ The Objects of the charity are lo promote the mental. ph1¢81 an¢ swrilual well belng of young people, eSpeal those wtth physlcal. andlor tearning disabllltle$ resblent in Wesbrlnster by providin9 fa¢illties for Iheiredu¢8on and recreaion. The Board of Tru8te85 aim to a¢hl8ve the Charitys oble¢ts through the pro$10 of recreation and18amiTrJ fa¢Ilit at the sites malnlained by the Charity.. the yovth eentre al Tlnlem House ar)d th8 outdoor ba al R[Py. The Board of Trust885 owrate the Charity direGtty from th? funding re¢elved, 8lming to utsllse Ihe Income 4$ $oon 88 possible f¢r the furtherance of th6 Charity's obj8Ctive5. In addlon to the funds designat8d for future a¢Uviti8S, the management committee attempt to maintsin 8 reserve for &mergenoy purpo$e8. ACHIEveMENT AND PERFORMANCE Throughout the 202112022 financial year Caxton Youth Organl$ation continued to meat the n8ed$ ¢f disabw youn9 people throughout the pandemic We adapted quitly by prodIng hybrltl $08sions. inclu(5ing onllne and face-tg-fa¢e s88sn8. both indoors and outdoors, as well 88 delivering activity packs. Our staff worked hard lo proVe a fI8ble Se that met the needs of ourserrfice users. The youth work tearn deliv8r8d actiwtie5 five days a week throughout the pandeml¢. whlch mean5 axton Youth Organi54tion increased its Service offer by 40%. to reduc* Isolation and en$ur8 that we had a vast array of activities kn meet the needs of our young peop. Thank you lo our staff fortheir ¢ontlnu8d hard work. In the last year. Caxion Youth organisatrt d&livered ils Employment Support Progr8mm8, Sorial and Emotional Wellbeing programme. Health and Getting Active Programme, Independen¢e Programme and a series of opportunitl8s induding th8alre, sports, 5uence projects mu¢h more. In our latesl evaluatlon of member w¢llbaing, we fearnl that 93% of Caxton members have positive thoughts about the fuluw. and 85% of young people are now hvlce as likety to let the youth worker team know if they are angry. upset or scartd about issu&s that are affecting thew. ¢omp8red lo when they first stsrted at Gaxlon. These arg huge achievements duriNJ a pandemic, $eein9 suth v85t iMprovents. Thank5 to all our incrediblo funder$ who ensurgd we ¢ould daliver SUGh a flexible service antl who have continued to 8UPPOrt us during thp turbulonce of the last year. The organisallon18 now looklng forward and plannirwJ its 3-year strategy wrfh th8 SUPPOrt of B8rfng8. FINANCIAL REVIEW The Board ofTru5tees are salsfigj the years re8uIt8. Total income remalned similar to 2021 at £260,119. Within thls total. unresthcted thnallons and 0¢le& In¢reo88d by 11% from £81,459 in 2021 to £90,761 The charty anticipated a ri88 in income thi$ y88r, having reuulled a new p05t its fi@I full- lim8 Fundrai$ing Manager. Thls new role 15 5UPWrting the organisallon to increa58 its luntl•i$ing efforts on growing unre$trf¢ted funding and selVeS, to prowde se¢urtty in th uneertain tim98. Éxpenditure incréased from £208.066 in 2021 to £247.459119% Increase). Expenditure was lower than expected, dua 10 staffing chan9e$ including a period without a CEO and a redu¢llon In nurnberof plHnn8d face-ltrf8c8 s•rwi¢&s due lo tho pandemic. Tot81 nel movement in funds (both restricted and Un$1cdI for the yeor 1$ £32.860 net incoTre12021.' £72,340). This Is mado up of £1,323 on the r85tri¢led funds and £31,337 an th8 unrestricted funtl. RESERVES POUCY In the Truste85' view. the re$erwe8 should provide the charity with adequate finanaal stability and the means for it to meet Its charitsble objeGtwes for th8 fore50eable future. Th8 re5erwe$ have been built up over the last flve years as the charity tran$ition8 to a new funding model le85 relwnl on local govemment grant¥. Furthermorè, In light of the impad of the Coronaviru5 pandemiG ¢n tha charity'5 income streams, the charity 1$ mlndful of the notd le maintain youth work delivery for its already vulnerable scr¥1 v•erd. During the Yer, th¢ Trustees GoD$K40red that a 8ufficient1gv•l of rOSfjTrTv•# for the Ch?rity b• baeen three and six months of forward.looking unrestriGled expenditure. The free réseNes requirement 1$ monitored rnonthty and formalty pOrted to the Board of Trustees on a quarterfy b8818. Free re$eNes aro oJrr8nlty at Seven Months, whid) $lighdy hpJher than lh8 policy considering the Impact of the pandeml¢. Pap2
THE CAXTON YOUTH ORGANISATION (REGISTERED NUMBER: 04308289) Roport ofthe Trustses for the Year Ended 31 March 2022 PUBLIC BENEFIT OUTCOMES RELATED TO THE CHARITYS AIMS Tha Charity5 Tru$t88s ha¥e cemplled with their duty In Sect 4 01 the charit Act 2011 ttr have due regard to Pthlic Benefit guan¢0 kssued by the Charity Commkslon. 1 Tru$t8es give their tlme voluntaThly and t10 not recelve any privats benafil frLm Ihe charity, STRUCTURE, GOVERNANCE AND MANAfjEMENT Gov8rnlng document The Charty 18 controlléd by its governin9 document, a deod of trust docvm8nt dated 22nd Octobgr 2CQ1, and censtttutes 8 charltable company, limtted by guarantee. 88 defined by the Compan188 AGt 2006. Organ15atlon The Charity shall be govemed by the Beard ol Trustees eonslsllng or three honorgry officers, namely the ChoirpeT50n. Secretary and Treasurer and elected members. belng not lesy than four and not mor8 than tyv86 m8rnber5 elected by the mernbers at t Annual General Meetlng. The Board of Ttustses shaN. subject lo any tliredon given by the Council, be responslble lor thg general managom8nt ofthe charity and shall provide forthe adminislralion and control of the propety of the Charity. D8y-trAoy ¢per8Uon8 are by Rosemary Swalnston. CEO. who was appointed in March 2022. She 15 5UPPOrt8d In this role by Gardlrr, Fundrai$ln9 Manager, and Jesslé Frost, Flnance and FacilieS Officer. Our youlh wort team Is led by our Head of Progr8mmes, Ellane Edmond, who wotk$ alongside senior youth worker Floyd H811. Is ¢glebf8ting his lenlh annlversary al Caxton Youth Org8nlsation', our part-lime youth Worker Nexandra Hiscod(, who was previously a Caxton member.. and our part-time yOLrth worker Ilaria Pa1n1. Jill Bryson delivers the tharity'8 Art and Musi¢ Prol8cts tyoth iwèrson and online. Our previous CEO, Rachel Akehur5t in December 2021. after ten year$ of running Ihe ¢harlty. We want to thank Rachel ferall the hard work and dédication She put into runnlng the charity. Salary poll¢y Caxton Youth Organl$alon is a London Imng wage employer and we regukrly revlew and colforate ctsnpen$atlon. Rlsk managament The tru5tee$ hav8 a duty lo idenlrfy and reVW the rr6k5 tv which the charity expo$ed and to ensure appropd8te o)ntrob are In placa to provide roa$onable as5uranc6 ag0in$t fraL1 and error. An org8nlsalknnal risk Tegi$ter 1$ In place whiGh summarf888 key risk5 and mlttgations. Th8 risk regiltsr L8 rnVWed at each trust68 mealing. Coronavlrus pand¢mlc In response lo the pandomio we quickly moved our seNices enline to protect our stakehoiders. before gr8du8lly mo¥Ang back faco-lo-face. During th1851 year, w8 have folowed govemmant #dlets. to delfver 8 safe servie6. De8pI18 th8 implieg1ion$ ol Covid-19, Caxton Youth Organi5ation remain8 financially re5ilienL We hav8 revEwed the Current re58rve5 Position end the future cashflow forecasts and we ar• sab"$fied that we can conJnue to operat8 as a going nCrn lor at 18881 the n8Xt 12 months. While th? pandemic inpactad on semce delivery. the drity'S staff team w85 proadiv8 In astablishing hybrid altematives. and w• were therefo able to d8liv8r all funded sessions, albeit In new and flexible ways. At certain points in the year. we were unable to offer residenbal$ Qr transport to and from sasslons for young people due to Cowd-19 $trlans. Throughout the pand8mlc aThJ boyond, safèJuardirvJ our users, staff memr$ and volunt8ers, remains ourflrst prtorfty. Thls report h85 been prepared In 8ccordon¢e with tha 8peaal provision$ of Part 15 of the Cornpanit8 2W6 relabng to small Compan5. 2<//1/2Z ADproved by ordorof th8 board ef INstee$ on....,................................. signed on Its behawby.. Mrs C A Boddinglon- T ee &Chalr Page 3
Independert Ex•mlrt•rf R•portto th• TN•tse¥ of The Caxton Youth Oryanisation Indapondent oxamlnvVs r¢portto tho tru•t••• ol The Coxton Youth Organlsauon I'th8 Company I report le the ¢h•rlty tru$tees on my axgmlnauon of tho aceounts ol the Company forthe ar ended 31 M•rth 2022. Rosponslbllltlm •nd b•sls of report AF the ¢hanty's trustees ol the Company land al$0 its director8 for the purpose5 of tompany l•wl you ¥rg respth)S0 for tho praparation olth• acmunts in acco8 wlth the rwuirgments of CaMpanS Ac121X6 (the 2Cth Ad). Hawng 5aYofoJ myseff that the the cpanY ara not r•]ulred to audited yrYer P•rt 18 of the 2Cth Act e ind8p8ndBnl examinabort. l rnport in respect of my exorninalion of your charitys •¢covnts as cattied out under sacllon 145 of th• Charit8 2011 fth• 2011 ACYI. In e8rryiry out my exwnwwtsTh I ha% folbd th• Dlre¢tions gin by the Char Commwslon und•r 8o¢tion 145151 Ibl of 2011 N£t. Indpp•nd•nt •xarnln•fs 5tatsmonl Sirth your cherltyi gross incorn8 excfrodod £260.WO your exgmln•r mull b• B rrembor #f • Ilst•d boty. I txn confim th•1 l •m qualrfbed to und•rtaka the examination b•cou8e l am a registered member ol ICAEWwhkh li on• cf th• li8lJ b¢dk$. I h•w conpt•d my •x•min•lon. l o)nfmi tr•t nr) m8tters h•w to my •ttw)kn kn ¢onrdb)n wbth th• eX1nation glv¥ m• ¢ouw lo Nle¥•'. •ccountr9 ffj¢ords not k•pt th r••wct ofthe Comwny a• by le 38s olv 21YX kt or lh• •¢c¢unts do not acrd wmh Ih¢¥¢ r¢wrds, th• arxounts do not ¢ompty wllh the a¢¢ounts"ng rwvlr•monts of sedon 398 c4 the 20)8 Act olh8r than any r•qulrement that the accounts gDI8 a trL •nd fair ywWhich 1$ not a m•tt•r ¢on$idèr8d a$ part of •n Ind•plent examinalon", or the gccounts have not been prepared In accordanco wllh the method$ and princi88 of the Statement of Rocommend•d PrnGtieo for accounting and reporting by charits&s (applicable lo charities preparing their accounts n accordanc• wlth Ih8 Fln•n¢lal ReportSn9 Standard appIlbLe in UK and Ropublic of ltsland IFRS 10211. I haN no concms haNY oJm• aCmJB Trj ¢)tr m8tterB h g)nnection wth tr)e axamlnotion lo whK 8t*nli?n ¥hwkl drn thL* r•port kn ¢rf•rto efi•bl• i prow ol •¢¢Th ty b• M T lThY 8Ccm ACA FCCA Hll w)119$ & Go. ChBrter•J knouTrtants 107 Hthdm Ro MdIe1•X HA1 IRV Dal•'. 24 November 2022 P•g•4
THE CAXTON YOUTH ORGANISATION Statement of Flnanclal AcVItieS Ilncorporating an Income and Expendlturè Account) for the Yèar Ended 31 March 2022 2022 Unrestrfcled lund 2022 RestA¢tsd funds 2022 Tot81 funds 2021 Total lunds Notes INCOME AND ENDOWMENTS FROM Donation$ 8nd 98cles ,761 162,gC 253,667 268,127 Chatitabl8 activltles Grants 26,123 28.123 12,279 Inve5trnent Income other In¢om8 28 301 28 301 Totsl 117213 162 906 EXPENDITURE ON Ra9 funds 14,512 14.512 Charilabb aCtiVe$ 161 583 208 066 Totql 161 583 208.086 NET INCOMe 31,337 1,323 32,680 72.340 RECONCILIATION OF FUNDS Totsl fund8 broughtfornard 132,145 28,987 161,132 88.792 TOTAL FUNDS CARRieD FORWARD 161 132 CONTINUING OPERATIONS l aclviltes relate to untsnuing activities. The notes forn part of these flnand81 sfatements. Not¥ 7 to the finanal $t•tements disdoses Ihe split reslrf¢l8d and unrestrieted fiJnd8 for the Compgrabve riod. Pag? 5
THE CAXTON YOUTH ORGANISATION {REGISTERED NUMBER: 043082891 Balan¢• Sheet 31 MaKh 2022 2022 UnTvstr5Cted nd 2022 Re51ricted fvnd 2022 Total funds 2021 Totsl bJnd5 Not88 FIXED ASSETS Tangible 855ets 637 637 1,148 CURRENT ASSETS Debtors Prepayments and accrued Ino)me Cash at bank end In hand 2.450 1,728 181 123 2.450 2.3e8 210,793 7.965 158.496 185,301 30,310 215.011 18e.481 CREDITORS Amounts ts11Sng due within one year 10 122,4561 122,4561 18,477) NET CURRENT ASSETS 1e2.845 193 155 TOTAL ASSETS LESS CURRENT LIABILITIES 163.482 30,310 193,792 161.132 NET ASSETS 30.310 193.792 1e1 132 FUNDS Unre5trthd funds Re5trKtsd fvnd8 12 163,482 132.145 28.987 TOTAL FUNDS 193792 161 132 Th8 challlabk company is 8ntiled to ¢¥emptn frem audit under Seclon 477 of the Cvmpanles Act 2006 for the y¢ar ended 31 M8r¢h 2022, Th8 m8mbers have not requ[ the compgny to obtain an audit tsf its finand81 ststernent5 for ts y88r end8d 31 Mor¢h 2022 In accord#n¢8 w5th Secuon 476 of tho Companles 2LX)8. truste85 ad(nowledge their resptsnsibllllies lor ensuring that the charitable eornp8ny keep$ accounng records that mplY with secb.ons 388 and 387 of Ihe Companies Act 2006 and preparing financial statements which give a true and fair ef the state of afl8lrs of thè Charrtab ccxnpany a8 at the end of each finanGial year and of its SuluS or defi¢il for each finanrial year In accorfance with Ihè requirements of $8ction5 394 and 395 and which othe188 comply with th& r8qulr8ments of the Compan$ A¢t 2C06 relating to financial statements, 50 far#$ #ppllcable to the charitable company. (bl These flnanck81 statements havo been prepared in acrJ)rdan( wtth Ihe prowisions app1K¥b to charrtable companio$ Subject to the Small ¢ompanlgs regime. The finanryal statements were 8pproved by tt)e Board of and author8d for issue on........... $kJned on Its b8haW by.. . and were Mr8 L J RvNl•y- Trul & HanorAry Tr•xLTw Mrs C A8oddSngton-Trustee & Ch*r The note5form partofth880 flnwdal slaternerts Page e
THE CAXTON YOUTH ORGANISATION Notes to the Flnanclol Statements for the Yr Ertd•d 31 March 2022 ACCOUNTING POLICIES Basis of preparlng the flnanclal ststsmgnts The finanthal statgmonts of the charllable company, which a public bendlt entsty under FRS 102. hav8 been prepartd in accordance with tho charitS SORP IFRS 1021 'Accounting and Reporbng by Charits"es.' Statement ol Recornmended PractiGe applicablè to chaTrties preparin9 their accounts in accordance with the Flnancial Reporting Standard ap1¢able in UK and Republ of Imlano IFRS 1021 leff8Ctwe 1 January 20191., Financial Reporting Standard 102 Th8 Flnandal Reportlng Standard 8pplicable in tha UK and Republ¢ of Iraland, 8T th8 Compani85 AGt 2CQ6. The financial 6tstsments have been prepar8d under the hi$toricaS cost convention. The char1t4b ¢ompany bafj tsktn advantag8 of the followin9 di$do3ur8 exempbons In prepariry Ih&se fin8nclal statements. a& p8rn1ttod by FRS 102 The Finanaal Reportin9 Ststyjard appli¢able In Ihe UK and Republlc of Ireland,: the requirements of Section 7 Sts1?ment of Ca8h Flows.. the requirement of paragraph 3.17ldl.' the requirement8 of pgragraphs 11.42, 11.44. 11.45, 11.47, 11.4818111111, 11.4818Xlvl. 11.48lbl and 11.481¢1", thg raquirornentof paragraph 33.7. Golng ¢0rtom Th8 flnanckq1 stalem8nl$ havé baen prepared on the goiftg ¢oncern b3sl$ The Trustees ha¥ a55•$sed the chadty$ alIty lo Mnlinue operating fer th8 next 12 months and w8 are 5ab$fi8d that based on th? Gurrenl level of m6erves and Ihe cashlow projecbons. Ihat there a sufficienl funds to meet our commitrnents as they I1 due. We have considered the Impact of the global panilemk on the Gharity, and although w? expect thls will impact inccme and expenditure, we not liave thi5 will pr8vant us from ¢ontinuing to operat8 in the next 12 Tnonth8. In¢omo All income 15 Tecognised in the Statement of Rnanaal ActivaS once charty has entment to the funds, 11 Is probable Ihat the incrAne wlll b? reeeived and the 8rnount can be measured reliably. For donation Income. we ¢onslder this to ba when cash has been 1ved. Donation$ Include Gift Aid ba58d on amounts reGov8rable al the a¢eounting ddt¥. No amounts are Induded in these flnandal statements for the seMtM donated by volunteers. Grant income is reCOgned whan a fo81 offer of funding has ten communlcated in wrflng and the condilKn$ for the grant have been safjsfpd. -0th8r Income relatts to the sale offNed assets whlch arn ffj¢ognised at tt polnt of sal6. Accrued in¢wa 18 provKled for income that has been oarnad in the eurrent financial year, but Is yet to be invoic4d. Expendlturg Expenditure Is recognied as soon 85 there is a g85 or ConstVe obligatien, it 1$ probable that a transfer of enoMIC tÉnefi15 will be r8quired and the amovnt of the obligation can be measuT&I reliabty. Expendibjrt Is acoJunl8d on an 8ccwals basis and has been classifièd under headings that aggregate all c05t related lo the category. Where Costs cannot be diie¢tty attributed to particular headlngs they have been alloc•tsd to actiwlies on a basis conslstenl with the us8 of resources. Tanglbl8 flxed assots DeprecIatn 1$ provlded at the follng annual rates In orderte off e8¢h asset o%r its ostimatsd usefvl Irf•. Plant and machinery 25% on rgjucing ba*nco Fre5 and fitb.ngs 25% on reducing balance Molorvehicle$ 25% on reducing balan¢e Only a85815 with a value in ox¢e$s ef £1.000 are capilalised. 8ny purchases below thi5 value are treated a$ repars antl rgnewaf5. An annual impairment assessment 1$ und8rtakon to en8ur8 that assèt carryiro values ar6 notever8tat8d. Taxatlon As a regisitrr8d charity the ¢&xlon Youth Organis8tion is not liaNe to t8X8lon on Its inve8lment in¢xJma and gains, Income and g8in8 aflsing from tradins in lurtheranLX of ts Gharftabiv objeGtivos 8nd chadlable donation#. Pa48 7 h.Ld..
THE CAXTON YOUTH ORGANISATION Notes to the Financlol Statements - contlnued for the Year Ended 31 March 2022 ACCOVNTING POLICIES. contlnuBd Fund accounllng The finanaal ststem8nts of a charity musl drffergnttate betsvÈÈn restricted and unrestricted fvnds. Restri¢ted lunds are nd$ SUbCtt0 specifie condibons, imposed by the donor or by the specific termg ol th& Charity appeal. Unrestricted funds are all th8 Otr fund8 of the charity 8tYl Ind8 designated fuThY8 which tonslsl of amounts allocatad for 5pe¢thc purposes by Ihe charity itsew. Accountlng estlmate8 ond ludgmgnts In preparing the financial stslements. thé tru8ts88 are requId to make 8stimale$ and judgements. The signfficant area8 of judgement are consered to be the estimated ustful Ilve8 or tangib fL%8d 88s8ts and allocation of costs lo drfferani categories of ?xp8ndilure. Hlre purchase and lèa$lng commttments Rentsls paid under operating le8888 are charged to the Sl8tgm8nt of Flnanclal on a stsaighl Ilne basi5 ever the pèriod of the lease. Pgn8lon costs and other post.rotlTemerrt bèn The Charitab company oyrates a defned contribution penslon scheme. Contrlbutions payabl8 to Ihe charitable companws pension scheme are d)arged lo the Statementof Flnancial NthiMti85 in Iho penod to which th•y relate. INVESTMENT INCOME Unrestrictad funds Restricted nd$ 2022 Tolal funds Unrestri¢W Resthcted fiJnds fund8 2021 Tctal fund5 Donatlons and kgacvas Donation5 Grant5 90,761 90,761 81.459 1,750 83,209 268127 Income from Charftsb Ac0¥AI$ Grants Programmes 26,123 26,123 10.528 1,751 12,279 26,123 10.528 Other Irthme 301 301 i)ther Income represents tha gain on the disposal of tangible fLxed a5ts. Page 8
THE CAXTON YOUTH ORGANISATION Notes to the Flnanclal Statsmonts- continu•d for th• Year Ended 31 March 2022 CHARITABLE ACTMTIES COSTS Direct Co$ts Support costs Totals W890$ 8nd 53lariÈs Rent and rate5 Insuranca Repairs and r8n8wals ght and Heat Club ac1w10$ 8nd proj¢¢ts Staff training D8precialion Pension Gtsnlrfbuffions T8lephoM, IT & Computsr Printing, p051age antl stationery Motor expenses Bank charge5 Rlpley ¢¢$ts AccounlanGy Professional fee$ and consultancy subriPtiOns Temporarylsp8aali5t siaff 138.385 10,354 5,191 2.955 3,879 12.272 2.039 138.385 10,354 5.191 2.955 3,679 12.272 2.039 211 4.030 1.801 T16 7,255 297 10,844 1,980 16,930 2.534 4,030 1.801 776 7,255 297 10,844 1.980 16,930 2,534 213529 232 947 NET INCOMWIExpeNDITUREI Net Incomellaxpenditurel 1$ $tated afterchargingllGreditingl'. 2022 2021 Depreciatn- owned assets Surplus on disposal ef fixed a$$els Independent examlner fees for independentexarnlnotion lexdusNe ofVAn Operating18a885 379 1.650 15 659 1.650 TRUSTEES. REMUNEFiATION AND BENÉFITS Ther• wore no trusie8s' remuneration or other bentsfits fer the year end&Y 31 March 2022 nor fer tho year en¢ed 31 K4arch 2021 Truste85' gxpon8a8 Thor? wère no Irusteel oypense$ paby lorthe yearended 31 Mah 2022 nor for the or onded 31 March 2021. STAFF COSTS 2022 2021 Wages and 8al8ne$ Social soGurity ¢08ts Other pensbn easts 144,802 8,095 142,865 7,008 153.819 The average monthly number ofempbyw during the yoarw88 as follows.. 2022 2021 Employ885 No employaes recebved omoluments In exce55 pf £60,CIJO. Page9
THE CAXTON YOUTH ORGANISATION Nots$ to tho Financlal Ststsments- ¢ontlnu¢d for the Year Ended 31 March 2022 COMPARATIVES FOR THE STATEMENT QF FINANCIAL ACTIVITIES Unrwtrith fund Rest( funds Ttstal funds INCOME AND ENDOWAIENTS FROM Donations and18gaThe$ 81.459 186.688 268,127 Charltable aetlvttles Grants Tot41 188419 EXPENDITURE ON Charstablo actlvltlo# Ralsing funds Ch8ritable a¢Uvttl88 204 438 Tot•1 208 068 NET INCOMEIIEXPENDITUREI 88,359 116.0191 RECONCIUATION OF FUNDS Totsl funth brou9htforward 43,786 4S.006 88,792 TOTAL FVNDS CARRIED FORWARD 132.145 28.987 TANGIBLE RXED ASSETS FLxtures and fittlngs Freehold propety Plantand machinery Motor vehicks TotaL COST At 1 April 2021 Disposals 1,774 9,990 39,781 39.781 51,546 At 31 March 2022 DEPRECIATION At 1 AprS12021 Charge for year Eliminated OD d*posal 1,214 140 9.703 71 39.481 50,398 211 39 4811 At 31 March 2022 NET BOOK VALVE At 31 March 2022 420 216 637 At 31 Mah 2021 287 300 Pag8 10 ¢4ntiNed...
THE CAXTON YOUTH ORGANISATION Notes tts the Flnanclal Staternents- conllnugd for the Year Ended 31 March 2022 DEBTORS: AMOUNTS FALLING DUE WTHIN ONE YEAR 2022 2021 Trada dabtors 10. CREDITQRS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 2021 Trade creditt)rs Social 5ecurtty and other taxes Olher Gredilors (Charge Card) AcCnd exp8n8es 11.400 3.181 3.080 3,887 132 22 466 LEASING AGREEMENTS Mlnlmurn lea58 payments under n0n-C8ncellab operating ases fall du8 88 folknw8'. 2022 2021 Wthin one yaar Beeen one five year8 6,7 7.500 12. MOVEMENT IN FUNDS Net movement In fund8 At 1.4.21 al.32 Unrestrfcted fvnd$ General fvnd 132,145 31,337 163,482 Restrlctod fund$ Th8 Funding NeOrk John Lyon's Charity Indep8ndence Programme Jac Petchey FoundaUon- Ach[[bEIA¥fd St Giles & St George Education Charity- Ind8rwden¢4 PTcgrarnr Michael Wat50n- Proje lty of Westminster Ch8rtiable Trust- Covk119 &ani Sl Giles & Sl George Educalon Chanty- LCRF Gwi Clty Brldge Trust Sir Jules Thom Charitable Trust Young We$lmin$ter Foundation- Easler Hollday Activrtie¥ Young We$lmlnster Foundation Brighter Fulure$- EnWDymwitSL¥Q(rft Garfield Weston Foundadon- Employment Surwt Programme Kusuma Tru$l 17.864 4,839 100 28 13141 577 12,2561 17,2141 13851 15301 110.0001 15.6121 4.228 17.884 5,417 850 1,376 578 750 1.348 314 577 2.256 7.214 385 530 10,000 5,612 TOTAL FUNDS 161 132 32 eeo 193792 P8w11 nued...
THE CAXTON YOUTH ORGANISATION
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
12. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Net movement in funds, included in the above are as follows: | |||
|---|---|---|---|
| lncoming | Resources | Movement | |
| resources | expended | in funds | |
| E | E | E | |
| Unrestrlcted funds | |||
| Generai fund | 117,213 | (85,876) | 31,337 |
| Restricted funds | |||
| The Funding Network | 17,864 | 17,864 | |
| John Lyon's Charity lndependence Programma | 32,500 | (27,661) | 4,839 |
| Jack Petchey Foundation -Achievement Award | 850 | (750) | 100 |
| St Giles & St George Education Charity - lndependence Programme Michael Watson - Ar Project City ofWestminster Charitable Trust - Covid19 Grant |
8,254 20,000 |
(8,226) (314) (19,423). |
28 (314) 577 |
| St Giles & St George Education Charity - LCRF Grant | (2,256) | (2,256) | |
| City Bridge Trust Ragdoll Foundation - Ar Project Jack Petchey Foundation - Covid Recovery Gran! |
37,500 132 14,960 |
(44,714) (132) (14,960) |
(7,214) |
| Sir Jules Thorn Charitable Trust | (385) | (385) | |
| Young Westminster Foundation - Easter Holiday Activities | (530) | (530) | |
| Young Westminster Foundation Brighter Futures - Employment Support Garield Weston Foundation - Employment Suppor Programme Kusuma Trust |
12,706 | (10,000) (5,612) (8,480) |
(10,000) (5,612) 4,226 |
| Kings College London - Youth Government Project | 5,000 | (5,000) | |
| Imperia! College London | 500 | (500) | |
| Hobson Charity | 640 | (640) | |
| DfE and Westminster City Council | 12,000 | (12,000) | |
| 162,906 | {61,583) | 1,323 | |
| TOTAL FUNDS | 280,119 | (247,59) | 32,660 |
| Comparatives for movement in funds | Net | ||
| movement | At | ||
| At 1.4.20 | in funds | 31.3.21 | |
| E | E | E | |
| Unrestricted funds | |||
| Generai fund | 43,786 | 88,359 | 132,145 |
| Restricted funds | |||
| Land Securities Grant Payment | 1,996 | (1,996) | |
| The Funding Network | 5,460 | (5,460) | |
| The Pimlico Million | 50 | (50) | |
| John Lyon's Charity lndependence Programme | 32,500 | (31,922) | 578 |
| London Community Foundation - U18 Employability | 5,000 | (5,000) | |
| Jack Petchey Foundation - Achievement Award | 750 | 750 | |
| St Giles & St George Education Charity - lndependence Programma | 1,348 | 1,348 | |
| Michael Watson - Art Project | 314 | 314 | |
| St Giles & St George Education Charity - LCRF Gran! | 2,256 | 2,256 | |
| City Bridge Trust | 7,214 | 7,214 | |
| Sir Jules Thorn Charitable Trust | 385 | 385 | |
| Young Westminster Foundation - Easter Holiday Activities | 530 | 530 | |
| Young Westminster Foundation Brighter Futures - Employment Support Garield Weston Foundation - Employment Suppor Programme |
10,000 5,612 |
10,000 5,612 |
|
| 45,006 | (16,019) | 28,987 | |
| TOTAL FUNDS | � | 72,340 | � |
Page 12
continued ...
THE CAXTON YOUTH ORGANISATION Notss to the Flnan¢lal Ststsm•nts - ¢onllnuod for th• Yoar Ended 31 March 2021 12. MOVEMENT IN FUND8- contlnu•d C¢mpgr8Uw n•1 mowmlnl In funds, Induded in the abm ar• •1 follows.. IncomirvJ Rttourc41 M0Ment In lun Vnr08tr1ctod frJnd• General fund 91,987 [3.8281 Ile•trtot•d fund• Coronavirus Job Ro18nlbn Sch8me Land Securitie¥ Gr•nt pa•nt Th• Furtding NoOrk Thè Plrnll¢o Mlllbn John Lyon'8 Chorfly Ind8pen(18nce Programm8 London Community Foundation- U18 Em0YbilY Jad¢ P&tch•y Foundatlon. AVementA¥ Waskninst•r FouThlall¢n- WA¥e 2 Grant Jai P•t¢h•y Found•Von- Ltr¢ Gwt stGlla6 & St Ggorge Edu¢aUon Chanty. Prow 1.751 11.9961 15.4801 1501 131.9221 15.0001 11.9981 15.4601 1501 131,9221 15.0001 750 750 18,869 750 8,087 7.500 14.000 9.500 500 338 118.e691 (7501 18.7391 17.5001 I14.1) 19.$001 11881 1.348 The London Community Foundation- The Natk)n81 Lotsry. FLYKI Mthael W•t•on-M Proj Sport ENaifirnl. CrffirNrdty Emwgry F Mayofi fund lor LoThJen- Sth?a Swnmer Young W•8tminster Foundation- N3lx Lar•I City ofWe51mlnsler Cheritable Trust- Co19 Gwi Sl Glleo & St G•org0 Education Charity- LCRF Grnrt Groundwerk- Slrrfflgercommuniies G1 Clfy Brldg• Tw$t We8lmin8ter Clty Coundl- Digrtel Youthwork Gr•nt Maglc Llllle Gr8nt8- nc4 & MMA London Catalysl- Dlsc¥)vèry Grani Ragdoll Foundatlon-Art Proje CAST- Grant J8th Pekh•y FoundalKJn- ¢3w St Glo8 & St George Educalm Chanty- LCRF Wrn 3 EMlle¢)v John Lyon'8 Chanty- LCRF V¥av8 3 Etth Gw 314 14.ts)01 18.7001 115.thJI 18.0871 15,3421 15.2881 16,8801 15WI 15,2791 11.1WJI 15.0001 14.8871 110.3431 114.OCQI 12501 ie651 11.SCQI 8.700 15.oc 10.343 5,342 12.500 5.880 500 5,279 1.190 5.000 4,987 10.343 14.000 250 1250 2,256 7214 Sir Jul•$ Thom charita? London Youth. Young We•trnin$tsr Ftsjndatk- Young WasThwi8ter FoUndatn Brfghler Fulum- Gaffield Weslen Foundation. Empknyrnt Pr¢wwrrn 10.000 10 000 10.WJ 188419 TOTAL FLINDS 13. RELATED PARTY DISCLOSURE8 DurfrvJ the year ended 31 reh 2022 lour TftJ•t••• +Son•bJ at 1Otal olE1.1W12021 ". £1.7301 of wrestr¥AgJ funds to lh• Charity. Page 13