COMPANY REGISTRATION NUMBER; 4184224 CHARITY REGISTRATION NUMBER: 1091146 YOUTH LEAGUE UK LTD Company Limited by Guarantee Trustees, Report and Flnanclal Ststements st 31 March 2024 FRED MICHAEL & CO Chartered accountants 216 High Road Chadwell Heath Romford Essex UK RM6 6LS
YOUTH LEAGUE UK LTD Company Limited by Guarantee Flnancial Statements Year ended 31 March 2024 Page Trustees, annual report (incorporating the director's report) Indepandent examinerfs report to the trustees Statement of financial activities (including income and expenditure account) 10 Statement of financial position 11 Notes to the financial statements 12 The followlng pages do not form part of the financial Statements Detailed statement of financial activities 23 Notes to the d8tailed statement of financial activities 25
YOUTH LEAGUE UK LTD Company Llmited by Guarantee Trustees. Annual Raport (Incorporating the Directovs Report) Year ended 31 March 2024 The trustees, who are also the dlrectors for the purposes of company law, present their report and the unaudited financlal statements of the charlty for the year ended 31 March 2024. Reference and admlnlstrallve detall$ Reglsterod charlty name YOUTH LEAGUE UK LTD Charlty r•glgtration numbor 1091148 Company registration numb•r 4184224 Principal offlc• and rngi*•r•d THE ArriK CENTRE offic• 21&224 HEATHWAY DAGENHAM ESSEX RM10 8QS UK Th• tru$t••s Ms SHEILA GATQNYE MR JAMES NJOROGE MR NOAH-KEYA GARI Ind•pend•nt •xamln•r Fred Michael & Co
YOUTH LEAGUE UK LTD Company Llmited by Guarantee Trustees, Annual Report (Incorporating the Directorfs Report) (contlnu•d) Year ended 31 March 2024 Structurn, gov•rnanc• and manag•m•nt Govoming Document The organisation is a charitable company limtted by guarantee, incorporated on 21 st March 2001 and reglstered as 8 charity on 15th March 2002. Th8 company was establlshed under the company ad of 1985 and 1989 and is govemed by its Memorandum and Articles of Association. In the event of the comp8ny belng wound up, members are requlred to contrlbute an 8mount not exceeding £10. Board of Tru$tO8$ The dlrectors of the company are also charfty trustees for the purp)ses of ch8rfty law and under the company's Articles are known as members of the board of trustees. Under the requlrements of the Memorandum and Articles of Association the members of the board of trustees are elected at the AGM to administer the charlty. The trustees olve their time voluntarily and receive no benefrts from the charhy. New trustees are inducted to familiaris8 themselves wlih the charity and the context wlthln whlch rt operales, Including maln documents whlch set out the operatlonal framework lor the charfty such as the Memorandum 8nd Artlcles and the laiest published accounts Organlsatlon To faci1ft8te effectlve operations, the programme manager has delegated 8Uthorrly, withln terms of delegallon approved by the trustees, for operatlonal matters Includlng finance and employment. The chartty also has a young people's board whlch acts as the volce of youno people and glves dlrections on all matters of youth partlcipatlon and Involvement. Rlsk Management The board of trustees, on an annual basis, conducts a revSew of the major rlsks to whlch the chartty Is exposed, where appropriate plans are put in place to Mitale any rlsks the charity m8y face. Procedures are in place to ensure compliance whh heafth and safety, financlal management, child protectlon and safeguardlng.
YOUTH LEAGUE UK LTD Company Limlted by Guarantee Truste8s' Annual Report (Incorporating the Directorf8 Report) (widnu•d) Year ended 31 March 2024 Objectives and activities Our main charlty's obj•ctfve$ arn: 1. To advance the education of persons under 25 years of age in particular but not exclusively of Afdc8n orlgln and to relieve poverty, slckness and distress of said persons in partlcul8r but not exclusively by the provision of information, workshops and seminars and by carrying out research to better understand the needs of said persons. 2. To provide facilities In the Interests of social welfare for recreation and leisure-tlme occupation with the object of improving Ihe conditlons of Ilfe for sald persons and their family members. 3. To promote good practlce, efflclency and effeCteneSS amongst groups and orrJanlsatlons worklng with mainly but not exclusively young people of African orNJin in p8rticular but not exclusively through Infrastructure support, capacity building and by f8cllitatlng mutual support and co-operation amongst voluntary youth organlsatlons, the local 8Uthortty the youth seNlce and other Interested stakehoklers. THIS FINANCIAL YEAR'S GOALS VERE: IMPROVING HEALTH, MENTAL VELL-BEING AND PHYSICAL VIELL.8EING REDUCING SOCIAL EXCLUSION INCREASING OPPORTUNITIES FOR ECONOMIC OPPORTUNITIES REDUCING FOOD POVERfY AND HUNGER IMPROVING EDUCATION OUTCOMES ANO CAREER PROSPECT Activities Thls financlal y88r, we engage wtth approxlmately 5500 direct and indirect beneficiaries through our comprehenslve and cornmuntly Initlatlve th sust8lned funding. we contlnued addresslng both Immediate and long-tem ch8llenges predominanlly affectlng 81ack youth from poor backgrounds residing in deprived neighbourhoods, Includlng Ihe East London Boroughs of Barking and Dagenham, Haverfng, Newham, Redbrldge, and Greenwich. We provKleO comprehensive emotion81 and practical support to vulnerable and socially ts018ted young people, includlng migrants and refugees, young carers, those at risk of offending or who have offended. and vlctims of bullylng, raclsm, or domestic atrSe. Our support exlended to their famllies, focusing on safeguarding the stabllity 8nd resilience of 818ck family units. These families remain vulnerable to the pressures of poverty, ideIlY struggles, and cross-cultural conflicts, which can lead to fragmentation and sorial disconnection. Our core actlwties are desioned to tackle systemic inequalities and injustices head.on, employing an intersectional approach to meet the diverse and nuanced needs of our communrty. By prioritising 8 holistlc model of Interventlon, we ensured that our work bridges crttlcal gaps left by mainstream services, which often fail to adequately cater to our beneficiarles. The absence of such tailored supporl has historically contributed to adverse outcomes, Including lack of sufficient parental support for many of our young beneficiaries. This leads to incre8sed anti-social behaviour ar offending,
YOUTH LEAGUE UK LTD Company Limlted by Guarantee Trustees, Annual Report (Incorporatlng the Director s Report) (condnu• Year ended 31 March 2024 Particularly amongst Black boys, as well as school exclusions and diminished participation in enriching youth activities. In 2024, our programmes proactively mitigated these rtsks, creatlng pathways for empowement. stability, and community (hes1On. The following is a summary of thls flnanclal yearfs actlvttles categorlsed In thematlc S programmes. Health and wellboing programme. Thls year, we targeled young people at rfsk or those affected by health and wellbeing issues. Our Interventions focused on promotlng thelr heatth and wellbelng with 8 focus on fostering reslllen¢e and stabilrty. We also offered befriending and support seNlces to parents and grandparents.primarily Black fathers 8nd gr8ndfathers-who were experlencing or 8t risk of mental heahh challenges. These seNces 8ddressed the ongoing effects of the pandemlc, Including bereavement, unemployment, and debt- related stress. MPACT.. 194 Individuals directly beneflted Economic opportunlll•s programme Our employabllity support targeted unemployed youth aged 18+ and parents of our young beneficiaries. This included trainlng In employability skills and business start-up strategles. equipplng them wrth lools to achleve economic Independence. Addltionally, we fac51itated Job placemenls and workforce development support to help b8neflclaries galn valuable WO experience and Improve job retention. IMPACT.. 320 IndivjualS dSrectly benefrted Inclu81on and engagement programme Worklng closely wfth our long-tenn partner OanIS8110n Young steps (speclalised in supporting young womenlgids), we provided culture- and gender-sensitive mentorlng 8nd support for at-risk young people in local schools, focusing on those faclng potenlial exclusion due io behavioural challenges and Inadequate p8renlal gukjance, malnty a resuli of culiuravldentlty related Issues. These efforts were complemented by street and communtty outreach 8CtivitSes, engaging young people at risk of offending or soclal isolation in locations such 8s parks, bus stops, train stations, and shopping centres. Our youth volunteers received comprehensive tr8lning and p8rtiCiP8ted In diverse roles wtihln our organisation, including youth leadership, peer mentorfng, governance, project management, and Involvement in various youth forums and commrttees. IMPACT: 600 Indlviduals dlrectly beneffted
YOUTH LEAGUE UK LTD Company Llmlted by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (CltIm) Year ended 31 March 2024 FOOO POVERTY AND HUNGER REDUCnON PROGRAMME We addressed urgent needs by providlng ernergency food parcels, hygiene kls, and other essenti81s to young people experiencing crises. In addttion, we delivered food and necessities to low-income households struggling wh the rising cost of livlng. IMPACT.. 145 households directly beneffled Youth Centrn programm• Our purpose-buill yOLrth centre in Dagenham served as a hub for free, youth-led, and diversionary activities, Offerings included muslc, dance. drama, creative arts, chill-out spaces. youth forums, and community conversation sessions. The centre also supported educatlon and career development Ihrough homework clubs, prartlcal life skills workshops, and sessions on preparing for work. Impact.. 1,204 individuals dlrectly benefited. Play and Sport8 Actlvttiol We organise play and sport adivitles in parks and open spaces near deprlved nehbourhOOdS across East London. We engage dlsadvanlaged young people, p8rt1cu18rfy those at risk of offending or at rlsk of engaging in riskylantl-social behavlour, aged up io 18. They often hang around hjly without anyihing to do and look for diverslonary adivtties to socialise and stay adlve. lrnpact: 3,000 IndivKluals directly benefited. Strateglc r•port The following sections for achievements and perfomance and financial review fom the strateglc report of the charlly.
YOUTH LEAGUE UK LTD Company Llmited by Guarantee Trustees, Annual Report (Incorporatlng the Dlrectorfs Report) (¢ontlnu•dJ Year ended 31 March 2024 A¢hiev•mtnts and p•rformance This financial yoar, we worked with 2500 direct beneficiaries and 5000 Indlrect beneficiaries who benefrted from our various activities. Achievements Created new partnerships with more voluntary sector organisations and local coundls In areas we work within, particularly Barking and Dagenham. Renewed our ASDAN-accredited short course programme whlch has attr8¢Xed a lot of enthuslasm arnongst young leaders and peer volunteers. Re-launched a successful summer Jobs programme In p8rtnership wllh UK Youth, targeting over 30 young people at dsk of offendlng, wtte they were placed In pald Jobs by reputable employers In London. Developed a 5-year soclal enterprise buslness plan focused on boosting financi81 sust8ln8bllity and capaclty to support disadvantaged youth through Increased trading income. Perfomiance Our programmes contlnued to deliver a measurable and meanlngful Impact for disadvantaged youth and their families. Through targeted inteNentions, we supporled our beneficiaries in overcoming systemic barriers, improwng their quality of Ilfe, and unlocklng opportunities for petsonal growth and communrty engagement. Below are the key perfomiance outcomes for the year., 92% of neficIarIeS reported improvements Sn their over811 health and wellbeing, encompassing both mental and physical healih, 84% experlenced reduced social exclusion, feellng more connected and sUPPOrted withln their communtties. 80% reported increased economic opportunlties through employablltiy and skllls development prcrfJrammes. 84% of beneflciaries noted a reduction In food poverty and hunger thanks to our targeted hunger relief initiatives, 79% saw improved educational outcomes and c8reer prospects, benefftlng from tallored academic and career development support. 67% reduclion of incldences of school exclusions amongst our membershlp 86% reduction in offending incidences amongsi our membershlp
YOUTH LEAGUE UK LTD Company Limlted by Guarantee Trustees. Annual Report (Incorporatlng the Directorfs Report) (contlnu•d) Year ended 31 March 2024 Financlal revlew Flnanclal R•$ult8 ResuMs for the year ended 311t March 2024 are given in the Statement of Fln8nclal on page 10. The 8ssets and Iiabllltles are glven In the B818nce Sheet on page 11. The flnancl81 statements shoukl be read in conjunction with the rel8ted noles which appear on pages 12.21. In summary, Incomlng resources amounted to £284,393 and resources expended totalled £281,580 resultlng in a net £2,813 for the period of 3110312024. The Net R8seNes of the organisstion as at 31st Mah 2024 was £131.916 Reserves Pollcy Frne Res•N•s In Ilne wtth our reserve pollcy, the charity has to hold free unrestricted funds not Commted or Invested in tangible fixed assets equivalent to between 3 and 8 months of It5 core operatlng cost. Budgeted core operatlng cost expenditure for 2024125 is £182,880 on a target range of £45,720 to £91,440. Our current free reserves of £81 ,6891s therefore safe and wlihln the target ranoe of our reseDie policy Prepaym•ntR•C•lpt9 In advan¢• £39,000 shown as debtors in the balance sheei and notes were amounts received in advance from the funders for commmed project and SO1C8S for the ne year. The amount was recognlsed as re¢elv8d in the current year but are earmarked for next year. Thls amount does not form part of the charitls reserves for the year.
YOUTH LEAGUE UK LTD Company Llmlted by Guarantee Truste88' Annual Report (Incorporatlng the Dlrectorfs Report) (Gonanu•dJ Year ended 31 March 2024 Plans for futur• period8 Plans for Firture Perfods Upgradelrenovate the youth centre. Increase trading income through leveraging key strengths and assets. Expand our educatlon and career development progr8mmes Including summerjobs for unemployed young adutts facing baffiers. Roll out more family support, with a focus on unemployed fathers who are separated from thelr families. Expand work with chiklren at risk of exclusion in schools and also those at risk of iolence through increased outreach and detached actlvities. Roll out our play and sports proled to new locatlonlsites Expand our focKllessentlals dlstrlbut5on to families affeded by hlgh cost of living. Increase our capaclty bulldlng support to more Informal volunteer led youth clubs. The trustees. annual report and the strateglc r8POrt wore approved on l)W1012024 8nd slgne(I on behalf ofthe b08rd oltrustees by., MR NOAH-KEYA GARI Trustee
YOUTH LEAGUE UK LTD Company Limited by Guarantee Independent Examlnerfs Report to the Trustees Year ended 31 March 2024 I report to the Irustees on my examinallon of th8 Financlal statements of YOUTH LEAGUE UK LTD ('the charity> for the year ended 31 March 2024. Résponslbilities and bas15 of report As the charitys trustees of the company (and also ils directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance vAth the reqvlrements of the Companies Act 2006 {'Ilie 2006 Act,). Having salisfiod myself that ttta accounts of the company are not requlred to be audited under P8rt 16 of the 2006 Act and are eligible for independent 8xamination, I report in respect of my examination of your charity's accounts as carried out under section 145 of tha ChaTllles Act 2D111'tho 2011 Act,). In carrying oul rny examination I have fdlowed tha Dlreclions given by the Charty Commission under sectlon 14515) {b) of tho 2011 Act. Ind•pondent •xamlngr'$ statement Slnce the charity's gross income exceeded £250,000 yoijr examiner must be a mèmber of a body listed in 3•clion 145 of the 2011 Act. I conflrm that l am qualified to undertake the examination becaus8 l am a membÉ¥f of the In8Utute of Chartered Account8r7ts In England and Wales {ICAEW), whi¢h Ss one of Ihe listed bodies, I have completed my examination. l ¢Dnfim that no matter8 hav8 come lo my 8ttentlon in Connection with the examination giving ma caus8 to balieve.. accounting records were not kept in respect of the eh8rity as requlred by soction 386 of the 2006 Act; or the Flnanclal statements do not accord wlth those records; or the Flnanclal statements do not comply with the accountlng requlrernents Ljf seclion 3* of the 2006 Acl olher than any requlreireril that the accounts give a 'true and falrf view whSch is not a matter considered 8s part of an Indepondent examin8tion; or the Finencial statements have not been prepared in accordance wth the mothods and principlos of the Statement of Recomrnended Practice for ac¢ountiiig and reporting by ¢harities 8pplicable to charities preparing their accounts in ac.cordance with the FinanrJal Reportlng Standard applicable in Ihe UK and Republic of Ireland IFRS 102). I have no concerns and have come across no other natters in connection with the ex8mln81ion lo which 8ttenlion should be drawn in thi5 report in order lo enable a proper understanding of th8 eccounts lo be reached. Independent Examiner If not populated, the accountant's address will be used. FRED MICHAEL & CO LTD CHARTERED CERTIFIED ACCOUNTANTS 216 HIGH ROAD CHADWELL HEATH RIA6 ILS
YOUTH LEAGUE UK LTD Company Llmlted by Guarantee Statement of Financial Activities (including income and expendlture account) Year ended 31 March 2024 2024 Restrict& funds Total funds 2023 Unrestricted funds Tolal funds Income and endovffients Donations and legacles Other tradlng activities Total Income 34,350 250,043 284,393 213,010 26,860 239,870 34,350 250,043 284,393 Expenditurn Expenditure on charitable activities Total expenditure 31,547 250,034 281,580 230,565 31.547 250.034 281,S80 230,565 Net Income and net movem•nt In fund$ 2,803 2,813 9.305 Reconclllalion of funds Total funds brought forward Total funds carried forward 127,455 (1648) (1657) 129,104 119.799 129,103 130,258 131,91e The statement of flnanclal actlvltles Includes all galns and losses recognlsed in the year. All income and eXpendure derlve from conllnulno 8Ctlvtties. The n¢)t•8 on pag•8 12 to 21 forni part of the•e Flnanclal •tatwrrtnt•. 10
YOUTH LEAGUE UK LTD Company Limlted by Guarantee Statemènt of Financial Positlon 31 March 2024 2024 2023 Flxed assels Tanoible ftxed assets 12 27,572 27,572 Currnnt asset$ Detrrtors Cash at bank and in haryj 13 (39,000) 147,844 (84,000) 189,811 105,611 108,844 Credltors: amounts lalllng due wlthln one year Not currnnt assets 14 4,299 4,079 104,345 131,917 101,532 129,104 Total a88ets le$8 current Ilabllltlos Funds ofthe chartty Restrlcted funds unrestried funds (1658) 130,258 131,918 1,848 127,455 129,103 Total charityfunds 16 For the year endlng 31st March 2024, the charity was entitled to oxemption from aud under sedion 477 of the Comp8nles Ac# 2006 relallng to small companles. Directors, responslbllities: The members have not required the company to obtain an audlt of lis financlal statements forthe year in questlon In accordance wlih secllon 478. The dIreCto acknowledge theSr responslbllltles for cOmY[ng wlih the requlrements ofthe Act wrth respect to accountlno records and the prep8r8tlon of Fln8ncial statements. These Flnanclal statements have been prepared Sn accordance wSlh the provlslons appllcable to companles subject to the small companies. regime. These Flnanci81 statements were approved by the boanl ol trustees and authorised for Issue on 091tt October 2024, and are siJn&Y on behalf of the boartl by.. MR NOAH-KEYA GARI Tnjstee The notm on page• 12 to 21 fomi part of these Flnanelal •tat•m•nts. 11
YOUTH LEAGUE UK LTD Company Limited by Guarantee Notes to the Financial Stat8m8nts Year ended 31 March 2024 General Infomiatlon The charity is a public benefit entity and a privale company limit&J by guarantee. registered in England and Wales and a registered charlty in England and Wales. The address ofthe registered office Ss THE ArriK CENTRE, 218-224 HEATHWAY, DAGENHAM, ESSES, RM10 8QS, UK. Statement of compllanc• These Financial st8tement5 have been prepared in compliance wlth FRS 102, 'The Financlal Reporting siandard applicable in the UK and the Republlc of Ireland,, the Statement of Recommended Practice 8ppli¢able to charlties preparlng their accounts In accordance wlth the Financlal Reporting Standard applicable in the UK and Republlc of IrelafKI (FRS 102) (Charities SORP (FRS 102)> and Ihe Companies Act 2008. Accounting policies Basls of pr•paratlon The Financial statements have been prepared on the hlstorlcal cost basls, as modlfied by the revaluatlon of certain financlal assets and 118bllltles and Investrnent propertles measured at falr value ihrough income or expenditure. The Flnanclal statements are prepared In sterllng, whlch Is the functlonal currency ofthe entlty. Going concem There are no material uncertaintles about the charity's abilbty to conllnue. Dl$clo$ur• •xemptions The entity satisfies the criterfa of belng a qu811fying entlty as defined In FRS 102. lis financlal statements are consolidated into the financial statements of (enter name of group financial statements) which can be obtained from (enter detail). As Such, advantage has l)een taken of the followlng dlsclosure exemptlons avallable under paragraph 1.12 of FRS 102: Judgements and koy sources of estlmation uncertalnty The preparatlon of the financlal statements requlres management to make judgements, estimates and assumptions that affect the amounts reported. These estlmates and judgements are contlnually revlewed and are based on exper1ence and other factors, Includlng expectations of future events that are belleved to be reasonable under the clrcumstances. 12
YOUTH LEAGUE UK LTD Company Llmlted by Guarantee Notes to the Flnanclal Statement8 Year ended 31 March 2024 Accounting poli¢i•8 (¢oMh Fund accounling UnrestrI6d funds are available for use at the dlscretion of the trustees to further any of the charlty's purposes. Designated funds are unrestricted funds eannarked by the trustees for particular future Project or commitment. Restricted funds are subjected to restrictlons on thelr expenditure dec18red by the donor or through the terms of an appe81, and fall into one of two sutkclasses: restricted income funds or endowment funds. Incomlng resourc0• All incoming resources 8re included in the statement of financial actlvities when entitlement has passed to the charlty; it Is prob8ble that the economic benefrts assoclated wtth the transaction wlll flow to the charity and the amount can be rell8bly measured. The followlng speclfic policles are applled to P8rt1cular categorles of Income.. Income from donatlons or granls Is recoonised when there is evidence of entftlement to the grfl, recelpt is probable and its amount Can be measured reliably. legacy Income Is recognlsed when recelpt Is prob8ble and entiilement Is establlshed. Income from donated goods Ss measured at the falr value of the goods unless thls Is Impraclical to measure rellably, In whlch case the value Is derived from the Cost to the donor or the estimated resale value. Donated facilllies and services are recognlsed In the accounts when received if the value c8n be rellably measured. No amounts are included for the contrlbutlon of general volunteers. Income from contracts for the supply of seDiices Is recognised with the dellvery of the contracted service. Thls is classlfled as unrestricted funds unless there is a contractual requlrement for to be spent on a partlcular purpose and relumed unspeni, In whlch cas8 il may be regarded as restrl¢Xed. 13
YOUTH LEAGUE UK LTD Company Limited by Guarantee Notes to the Flnancial Stat8mentS fcorthMM¢ Year endod 31 March 2024 Accountlng policies Ic<xthu•d) R•sourc•s •xpand•d Expendilure is recognlsed on an accruals basis as a li8biliiy is incurred. Expenditure includes any VAT which cannot be ful recovered. and Ss classified under headlngs of the statement of financial activities to which it relates: expenditure on ralsing funds includes the costs of all fundralslng activltles, events, non- charitable trading activitles. and the sale of donated Goods. expendlture on charltable 8Ctlvttles Includes all costs Incurred by a ch8rtty In undertaklng 8Ctivities that further its charitable aims for the benefrt of tts beneficlaries, Including those support costs and costs rel8llng to the govemance of Ihe charlty apportioned to charitable actlvities, other expenditure includes all expendiiure that Is neNher related to raising funds for the charity nor part of ts expendlture on charitable actlvitles. All costs are allocated to expenditure categories reflecting the use of the resource. Dlrect costs attributable to a single activity are allocated dlrectly to that activlty. Shared costs are apportloned between the activlties they contribute to on a reasonable, justifiable and consistent basis. Tanglblo as$•ts T8nglble assets are Inltially recorded at cost, and subsequently st81ed 8t cost less any accumulated depreclatlon and Impalmient losses. Any tangible 8ssets carried at revalued amounts are recorded at the fair value at the date of revaluatlon less any subsequent accumulated depreclatlon and subsequent accumulated Impalmeni losses. An increase in the carrying amount of an asset as a result of a revaluatlon, is recognised In ottter recognlsed galns and losses, unless It reverses a charpe for Impalrment that h8s prevlously been recognised as expendlture within the statement of financial activities. A decrease in the c8rylng amount of 8n 85set as 8 resutt of revaluation, hs recoonised in other recognised gains and k)sses, except to whlch It offsets any prevlous rev8lu8tlon galn, in which case the ioss Is shown wtthln other recogn15ed oains and105ses on the statement of financial activlties. D•preclatlon Depreclatlon is calculated $0 8S to wrtte off the cost or valuatlon of an asset, less its resldual value, over the useful economic lifo of that asset as follows: Impalmient of fixed a$Mts A revlew for Indicators of impairment is carrled out 81 each reportlng date, wMh the recoverable amount being estimated where such Indicators exist. Vthere the CAnying value exceeds the recoverable amount, the asset is impalred accordlngly. Prior impairments are also reviewed for possible reversal at each reporting date. 14
YOUTH LEAGUE UK LTD Company Limit8d by Guarantee Notes to the Financial Statements (conth Year ended 31 March 2024 Accountlng pollci08 (¢tt•) Impairnient of fixed assets (¢onUmi•d) For the purposes of Smpairment testing, when il is not possible to estimate the recoverable amount of an individual asset, an estimate Is made of the recoverable amount of the cash. generating unlt to which the asset belongs. The CaShenerating unit is the smallest identlfiable group of assets that Includes the assei and generates cash inflows that largely Independent of the cash inflows from other assets or groups of assets. For Impaimient testlng of goodwlll, the goodwlll acqLilred In a business comblnation Is, from the ac4uisition date, allocated io each of the cash.generating units that 8re expected to benefit from the synergies of the combination, irrespeciive of whether other assets or liabilities of the chariiy are 8ssoned to those unils. Flnancial instNments A financial assel or a financlal liablllty Is recognlsed only when the charity becomes 8 party to the contractual provisions of the Instrument. Basic financial Instruments are Inltlally recognlsed at the atrnunt recelvable or payable Includlng any related Iransactlon costs, Cuffent 8ssetS and current liabillties are subsequently measured at the cash or other Gonsideration expected to be paid or received and not dlscounted. Debt Inslruments are subsequently measured at amortlsed cost. here Investments In shares are publlcly iraded or thelr falr value can otherwlse be measured reliably, the investment Is subsequently measured at fair value with changes in fair value recoonised in income and expendlture. All other such Investments are subsequently measured at cost less impairment. Other financial Instruments, Induding derivalives, are inili811y recognised ai fair value, unless payment for an assei is deferred beyond norm81 business terms or financed at a rate of Interest that is not a market rate, In whlch case the asset Is measured at the present V8lue of the future payments discounted at a market rate of Interest for a sim118r debt instrument. Other financi81 inStruntS are subsequently measured at falr value, w6th any changes recognised in the statement of financial adivities. wlth the excepiion of hedging Instruments in deswJnated hedging relaiionship. Financial assets that are measured at cost or amortlsed cost are reviewed for obJ"edive evhdence of impalrment at the end of each reporting date. If there is objective evidence of impaiffnent, an Impaimient loss is recognised under the approprlate headlng In the statement of financlal activities in which the Inilial gain was recognlsed. For all equliy instruments regardless of signiflcance, and other financlal assets th8t are Individually significant, these are assessed individually for imp8innent. Other financial assets are either assessed indiwdually or grouped on the basis of sifflilar credit rfsk characleristics. 15
YOUTH LEAGUE UK LTD Company Limited by Guarantee Notes to the Financial Statements (e Year endod 31 March 2024 Accountlng policies (cothu•d) Flnancial Instruments (conurnm Any reversals of Impainnent are recognised immediately, to the extent that the revers81 does not resull in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the Impalment not previously been recognised. Defined contrlbutlon plans Contributions to defined conlrlbutlon plans are recognlsed as 8n expense Sn the period in whlch the related service Is provided. Prepaid contributions are recognised as an asset to the extent that Ihe prepayment wlll lead to a reduction in future payments or a cash refund. •then contrlbutions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on dlscounted present value basls. The unwlndlng of the dlscount is recognlsed as an expense In the peri(J in which rt arises. Llmltod by guaraM•• The company is Ilmlted by guarantee and members are liable to a maximum of £1.00 in case of wlnding up. Donatlons and legacles Unrestrlded Funds Restrided Total Funds Funds 2024 Donatlons Donations type I 9,850 9,850 Grants UK Youlh Clty of London Tudor Trust LBBD The National Lottery Communlty Fund The London Community 39,000 50,705 50,000 39,000 50,705 52,000 22,500 88,772 41,566 2,000 22,500 68,772 41,586 34.350 250,043 284,393 Unrestricled Funds Restri¢Jed Total Funds FurKIs 2023 Donatlons Donations ty[ 1 16
YOUTH LEAGUE UK LTD Company Limlted by Guarantee Notes to the Flnanclal Stataments Year ended 31 March 2024 Donations and legacies {wrtthu•d) Unrestricted Funds Restricted Total Funds Funds 2023 Grants UK Youth 42,900 42,900 Tudor Trust L88D 13,000 13,000 10,000 10,000 The London Community 8ig Issue Invest (SESF 2) Clty Bddge Trust The BME Health Form 49,880 37,648 47,400 7,189 198,015 49,880 37,648 52,395 7,189 213,010 4,995 14,995 Oth•r trading activlti•8 Unrestricted Totsi Funds Unrestricled Total Funds FuThds 2024 Funds 2023 other Income frorn other tr8dlng 8divlties type 1 other income from other trading acaithtles type 2 1,860 1.880 25,000 28,860 25,000 26,860 17
YOUTH LEAGUE UK LTD Company Limited by Guarantee Notes to the Financial Statements {CnU0 Year ended 31 March 2024 Expenditure on charitable activltles by fund type Unrestricled Funds Restrided Tolal Funds Funds 2024 GENERAL ECONOMIC OPPORTUNITIES HEALTH & WELL BEING YOUTH CENTRE INCLUSIONIENGAGEMENT FOOD POVERTY& HUNGER Support costs 10,296 3,876 4,655 52.922 71,137 20,882 26,215 28,818 47,408 2,854 250,034 63,218 74,813 25,537 2e,215 28,927 80,016 2,854 281,580 311 12,809 31,547 Unrestrlcied Funds Restrfded Total Funds Funds 2023 GENERAL ECONOMIC OPPORTUNITIES HEALTH & ELL BEING YOUTH CENTRE INCLUSIONIENGAGEMENT FOOD POVERTY & HUNGER Support costs 1,834 8,750 4,082 47,334 42,515 18,294 40,488 18.989 20,922 7,818 198,156 49.188 51,265 22,378 40,488 23,071 20,920 23,279 230,585 4,081 15,883 34,410 Exp•ndlture on charftable actlvltles by a¢tlvltytyP• AciivttS8S undertaken Gr8nl fvnding dlreclly of activities Support costs Total funds 2024 Total fund 2023 GENERAL ECONOMIC OPPORTUNITIES HEALTH & WELL BEING YOUTH CENTRE INCLUSIONIENGAGEM ENT FOOD POVERry & HUNGER 63,218 63,218 49,168 74,813 74,813 59,489 25,537 26,215 2,854 28,391 26,215 22,716 54,881 28,927 28,927 23,411 58.705 275,415 3,311 80,018 20,920 230,5 3,311 2,8S4 281,580 18
YOUTH LEAGUE UK LTD Company Llmited by Guarantee Notes to the Flnanclal Statements (c1Th Year ended 31 March 2024 Net Income Net income ts stated after chargIn(creditIng)'. 2024 2023 Depreclatlon of tanglble tlxed assets 429 10. Stsff costs The total staff costs and employee beneffts for the reporting period are analysed 8s follows.. 2024 2023 Wages and salarles Social security costs Employer contributions to penslon pn5 other employee benelms 120,992 29.843 11,417 3,696 130,249 5,317 1,810 ie5,948 137,376 The average head count of employees during the year was Nll (2023: NII). No employee received employee benefrts of more than £80,000 durlng the year (2023.. NID. 11. Trust r•mun•ratlon and •xwn8•8 no remuneration or other benefrts from employment with the Charity or a re18ted entrty were received by the trustees. 12. Tanglble flx•d a8sots Flxtures and flttlngs Motor vehicles Equlpment Total Cojt At 1 Aprll 2023 and 31 March 2024 D•preciatSon At 1 Aprll 2023 and 31 March 2024 Carrying amount At 31 March 2024 98,303 19,804 18,047 132,154 88,511 11,224 4,847 104,582 7,792 8,580 11,200 27,572 At 31 March 2023 8,580 11,200 13. Debtors 2024 2023 Prepayments and accrued Income (39,000) (84.000) 19
YOUTH LEAGUE UK LTD Company Limlted by Guarantee Notos to the Financial Statements Year ended 31 March 2024 14. Credltor3: amounts falling due wllhln one year 2024 2023 8ank loans and overdrafts Trade creditors 3,000 1,299 4,079 4,299 4,079 15. Pen$Fon$ and other post retlrement benefits D•flned contrlbutlon plans The amount recognised in Income or expendlture as an exp8nse In relation to d6flned contributlon plans was £11,417 (2023.. £5,31n. 16. Analysis of charltablefunds unr•$trtct funds At 31 March 202 At 1 Aprll 2023 Income Expenditure General funds Unrestricted fund 7 . desc In alcs 70,370 57,085 127,455 34,350 (31,547) 73,173 57,085 34,350 (31,547) 130,258 At 31 March 202 At l Aprll 2022 Income EndUre General furKIs Unrestricted fund 7 - desc In al¢ 82,925 57,085 41,855 (34,410) 70,370 57,085 120,010 41,855 (34,410) 127,455
YOUTH LEAGUE UK LTD Company Limited by Guarantee Notes to the Financial Statements (eonthm Year ended 31 March 2024 16. Analysis of charitable fundg (corfnu•d) Restrict•d fund$ At 31 March 202 At l Apdl 2023 Income Expendtture Restricted Fund 1- desc in alcs Restrlcted fund 7 - desc In alcs 250,043 (250,034; (211) (1648) (211) (1858) 250,043 (250,034) At 31 March 202 At 1 Aprll 2022 Income Expendlture Restrlcted Fund 1- desc In 8JG5 Restrlcted fund 7 - desc In alcs 198,015 (198,158; 1,859 {211) 1,848 (211) {211) 198,015 {198,156) 21