Charity r•giStration numbor 1099564
Company registration numbeT 04323224 (England and Wajgsl
OXFORD KILBURN YOUTH TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

OXFORD KILBURN YOUTH TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trust••s
A Brown
S Tumer
D Kind6r
J Kinder
Matthew Perry
Cheryl Buchanan
Stephen H8rb8rt
(Appuirbted 17 January 20241
(Appointed 13 May 20241
Charfty number
1099564
Company number
04323224
Rogistered office
Christian Holt House
45 Denmark Road
Kilburn
London
NW6 5BP
Independent examln?r
SBM Associates Limited
24 Wandsworth Road
London
SW8 2JW

OXFORD KILBURN YOUTH TRUST
CONTENTS
Page
Trustees report
Independent examin&rfs repc>rt
Stslernenl of financial activities
Sialèmenl of financial position
Notes lo the financial statements
9-20

OXFORD KILBURN YOUTH TRUST
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
The trustees, who a￿ also d1￿CtOrS of thè tharity f(K th8 purposes of the Companies Ad 2006, present their report
with the financial statements of the charity for the year e￿Ie￿ 31 March 2024_ The Lrustees have adopted the
provisions of Accounting and Reporting by Charit￿ Statsrr￿Irt of Re¢cMnwnerKSed Practice 8pplicablB lo ch8ri1ie5
preparing their accounts in accordance with the Financi￿ Rep￿"ftg Stsndard applicable in the UK and Republic of
Irela￿ {FRS 1021 lellective 1 January 20151.
The Oxford K￿burn Youth Trust Iknown as The OK Clubl works Ydith young people and their families in Kilburn,
North-west London. We worl( with them to build character and cap81ilities, as they grow into active and engaged
adults and where appropriate lo enat4e them to ex￿re the Chrislian faith. From that perspective we provide
opportunities for young people lo eXpl￿e their splrrtL￿rtY and tlwr place in the worfd. and build positive
relationships they can rely on.
THE CHANGING AREA
South Kilburn was and is a very deprived area. The Club 1$ located in the centrg of a large council estate- an a￿a
which is in the most deprived 5Y¢ of the Govemmenl's Index of Multiple Deprivation for Greater London. The a￿a
has suffered from a rango of issues which indude violence. drugs, di5affeclK)n. and low educational attainrnenl. The
young P8orAe are at risk of being engaged in anti-soual behavityJr and erime.
The area is however changing. New muKi St￿e¥ lower tA(Kks are oJrrenlTy being built immediately adjacent lo the
east of the Club. with further developments lo on the other 3 sides due to happen in the coming Y￿rs. Within thesè
new buildings there will be a substantial èlement of private ho￿ng - hthich will begn lo thange character of the
neighbourhood.
In response thg Club has develorm.ng broader links wilh ihe new community as it emer￿s. Already a group of
garéeners from the local community cenlre use some ol the 98rden to inuease their capacily lo grow vegetables for
the "Good Food Box. project. The priority will rerrtain the children and young people of th& area. How8v@r, w8 are
planning Ihal the Club faulilies will be used for a faf greater variety of acts"vities as we develop more extensive links
with the local Community. The Club has appointed a Communrty Animator (Niknl lo develop Ihi5 aspect of our work
based on the principles of Asset Based Communrty Development. Sh8 is supwrted by a Strategic Friend (Michael).
As part of this wort( we are lookiro to expand dayb.me usage of the building and our Building Manager IJ051ah)
continues lo ensure the building is opèrational and li¥ises ￿rth the increasing number of extem81 users.
THE CLUB ACTIVITIES
Despite fflany challengas the OK Club remains busy wilh a weekly programme of chihlren's youth
activities. Due to the building operations aC￿SS to the Club rs less obmous and s8veral neighbours have assumed
that we have ¢losgd as part of the LMJildirvJ developments. For nM)st of Ihe past 2 years Csur entrances have b88n
more difficult to accass. However. we look foJwaTd shoruy to the re-opening nearby roads as neighbouring flats ar8
completed. Our mission to seNe the local community and help support the young people of Brent and South
KilExJm conlinves to be successful.
We are proud ol our professiC￿al youth staff led by DebbY& Garden. Stuart ￿Turk. who servod ch11d￿n and young
people at the Club for over a (Jecadè lèft Èmploymont wth the organi5ation in February 2024 and Debbie now workg
part time to oversee the youth and children's programme. *)ly assisted by a part lime youth workar, Raquel, and a
plethora of volunteers and partners who h￿e w*ed tirdo55ty lo ensure Ihat the OK aub has remained a stable
community pillar throughout unpredthble tir￿s.
PARTNERS AND SUPPORTERS
We are grat8lul for our relationship with the Christon Hdt HrAJsing Associ8tion (CHHAI whith is a Christian
missional community which provides a source of volunteers and funding. CHHA residents consist of fu114ime
volunteers and other residents who have their own jobs vrtKJ spend part of their leisure ts'me helping run the Club
aclivilies. We have orooing links with Bertin MissK)n and thÈ International CulluTal Youth Exchange who
introduce full timo vdunlèers to us. During Ihe past year vdunteers from Germany and Taiwan have given great
service.

OXFORD KILBURN YOUTH TRUST
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Our link with Sl. Luke's Church has been very imwJrtanl to us. Katy the wrrent curate as d18p181n lo the
residents of CHH
The work of the Club would not b8 possible wlthout the work and support of our volunteers. staff, supporters and
funders, to whom we ao incredibly grat8ful. We are very privileged to be able to work with children, young people
and famlllés ol South Kiltr￿m, who continue lo inspire us and (x)nllnu8 to b8 at the forefront of all cAJr Ihinklng and
planning.
The trusloes. who are a￿0 directors of the charity fN the puT[￿s of the Ccryanies Act 2006. prgsenl thelr r•wrt
with the financial gtslemenls of the charity for the year ended 31 March 2024. The trustees have a¢Jopted the
provisions of Accounting and R8POrting by Charities. Slatem&nt of Recommended Practice applicab18 to charities
Pfoparing théir accounts in a¢¢ordance with the FinarKial Repth"ng Standard applicable Sn the UK and Republic of
Iroland IFRS 1021 (effective 1 January 20151.
We have an ongolng stratègic relalionshlp with W¢)rth u￿1MlIe¢l {The Worth Found81ion, charity no. 34512151,
based on a Memorandum ol Und8rslanding. The invdvemenl of Worlh Unlimiied's sen￿r I?￿erShip team in our
organisalion has been greatly appwaled and the access Ihat 10am of staff ènd volunteers havè lo wid8r
connections and opportuniti6s has also been bèneficial.
The work of the Club would r￿1 be possible without ts wc¥k aThJ supwrt of our voluntsers, stsff. supporters and
nders, to whom we are incredibly gralelul. We are very priv￿Qged lo be a￿e to work with childran. young people
and lamilies of South Kilbum, who continue to insF4"re u5 and conb'nue to be at the forafronl of all t￿r thinking and
p18nning.
Obj•¢tlv•s and actSvltl•8
Th8 objethves of Ihe charity arè the promollon and ert¢ouragem•nt of the Christian laith by applying the capital a
Income of the company wthoul dislinclion Iw or l¢)wards al or any of the frAlowing purposes..
Maintslning a¢tivityes for ¢hrfdTgn and young peO￿e in Kitbum
EstAbllshlng and maintaining activities for thddren and yt)ung peorAe Ihore ry In other places
PrO￿dIng office and residential accommodalhjn for the warden$. club loaders and olh8r workérs for the
said acllvilres whether full time or part ts.me worker8: and
Training and instructing Pefsons in Ihe18adership of suth 8clivilles as aforesa*J
The chorily achleves the above objeclives through Ihe Operati￿ of the OK Club.
Publlc B•nefit
Thè trustees have ￿ferred to the Charity Commission's general guKlanc8 on public benefit whon reviewing the
Ch8riVs aims aNI objectives an(J n planning its fvlure aclNilie$. In partKular Ihe trustees o)nsider how planned
activitses will contribute lo the aims and obj'ectives of Ihe Charity.

OXFORD KILBURN YOUTH TRUST
TRUSTEES REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
A¢hievemonts and pgrforniance
Significant aGtiviti8s and achievements 8g&inst objectives
Charltabl• a¢tiviti•s
Quallly YoLJth Work
Our first strategic objective is lo continue lo Inv8$1 in the quality of our work. We have sought to embed good
pr8Ctices in our work, and to develop ways lo understand and reflect on thè impact we have.
During the year we worked with 118 different children and young people. We ran 181 sessions and had 1688
attendances ￿ the register during that time.
Activities havts induded drop in 8essions, cooking, football, girts only groups. tsble tennis. pr)ol, games consoles,
crdft activities, éiswssions, trfps. and connecting with various themes through the year.
Outcomes and Impact
We continuè to work really strongly with the staff and volunteers to monitor impact and continuously improve tha
quality of the work. We hav8 a syslem lo monitor th8 progress of each young person and after ev8ry session the
team endeavours to identify the progress or olhewlse of &ach young pgrson. Thi$ then feeds into our reflection and
planning processes.
Equipping the Team
As part of our vngoing commitment to staff dev8lopment and training w8 have conlinued lo train and support our
staff and volunteers to help them Improve their youth and children's wts￿ practice. The programme is led by Debbie
Garden and includes mandatory training in Safeguarding and First Aid as well as wider youth work development
concepts.
Volunteer Partnerships
This year we welcomed a new group of full- and part.time volunl&ers lo the team. We have partnered with The
Bedin Mission end ICYE Ilnter-cullural Youth Exchange} to provide gap-year pl?cemgnls in partnership with local
churches. In addition, 8 numbpr of people joined our mission81 community house (Christian Holl House) where part
of the temis of their accommodation lie6nse inGludes helping at two sessionslweek at Club. We have provided a
range of trainin9 OPPOrtunilies to these volunteers over the course of the year.
Our members of staff, alongsidé our volunieers and working collgbor8tlon with others. have workÈd really hard
this year to deliver a range of activitios that engage chddren, young peop￿ and increasingly parents

OXFORD KILBURN YOUTH TRUST
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Financial r•vl•w
In the year to 31 March 2024 the Trust record8d a deficit of £37.120 after depwation of £17.54412023- surplus
£51,250).
Th8 net assets of the Charity amunted to £688.157 at lh& el￿ of the year of which cash arid bank deposits
amounted lo £107,97412023 £123,743)
Finan¢lal position
The Trustees conductsd a funding revw of the organisalKm during the year. Income for the year was £101,080
which is down from the pr8wous yaar and reflects on significant one of (knnalions which were received in the
previous year. Expenditure Increased lo £138,2￿. T￿"8 ind￿leS increased slaff to rèflect (the previou$ year we
were short of a youth worker) and significant one-off capital costs for new heating in the Sports Hall1£18,0001.
Whde the fundraising onvlronment continues to be extremely ehalkThJing for organisations like ours. we hav¢
8ucce$slully Incr8as8d our income Irom fenling parts of our premisos over th• lasl year. lo olh8r cornmunity
organisalions wlth compalifjle aims and seryices and we intend lo grow th¢s again over the coming yéar. Our goa15
¢onlinue to ￿..
Further increasfj Incom8 from pr8rrAses h
Strengthèn relationships with exisb'ng fund8rs
Improve our communi￿￿¢)￿S with, and growth of our individual supporter base
Build relationships with new funders and 8 truslea has been appointed to18ad this work
Establish a long8r t8rm sUstainab￿lty pian
Reserves policy
11 is the policy of the charity where f8asibl8 lo malntsin unrestrfctéd funds whlch are the free reserves ol the eharlty.
818 level which equoles lo approximately three rrw)nlhs' stoifiThJ costs. This provides $uffi¢ienl funds lo cover
man8gem&nl and administration and support costs. Unrostricted funds at the of the year war8 £91,131 which
8ufficienl for Ihis purpose.
Plans lor future p•rSod•
Our slr818gic pl8ns going I0￿8rd are:
To continually improve the qualty of our pyowsion
To ensuro thg financial sustainability ol the organisalion
To improve the f8cilities lo ensure continuirKJ use is w)s$ib
To continué exploring the possitilty of lubjre redevelrwnent
Structure. gov•rnanc• and managemèDt
Governlng D¢¢um•nt
The ch8rity is govemed by the m8morandum arKI artic4ès of 8$8ooation.

OXFORD KILBURN YOUTH TRUST
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
The trusteès. who 8ra also the directors for the purpose of company law, and who served during the year and up lo
tho (late of signature of the financial slalements were..
ABrown
S Turner
D Kinder
J Kinder
T Myddlelon-Evan8
M8tthwi Pery
Cheryl BuchBn8n
Stephen Herbert
Reslgn&d 1 S November 20231
(Appointed 17 January 20241
(Appolnled 13 May 20241
Recruitm6nl and appointment of tfvslees
Trustees are appointod and removod by the exS¥ling board ol Iruslees.
Inducth and Ir8inlng oflrustse8
Th8 Chalr Is respon51bJo for Inductlon ol new Iruste&s.
The tru81888 rèport was approved by the Boord of Trustees,
J Kinder
Tru•t••
Dale.. 2s*-12 _

OXFORD KILBURN YOUTH TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF OXFORD KILBURN YOUTH TRUST
I report lo the irustees on my examination of the financial stalements of Oxlord Ki1￿JM Youth Trusl Ilhe charity)
for the year ended 31 March 2024.
ReBpon8ibilitl•$ and basS• of report
As the Iruslees ol the charity land also its directors for the purposes of company18wI you ar¢ responsible for
the preparation of th8 financial statements in accc>rdancè with th& requirements of the Companies Act 2006
Ilhe 2006 Acll.
Having sallsffi8d mysèlf that th8 ftnanclal Blalements ol the charity are not required lo be audit8d und6r Part 16
of the 2006 Act 8nd are eligible for Independent 8xamination, I report in respeci ol my examination of the
charlly's financial stalemenls carried out under Section 145 01 the Charities Act 2011 Ilhe 2011 Actl. In carrying
out my examination I have follow8d all Ihe applicable DirectSon$ given by Ihg Charty Commission under
s8clion 14515llbl of the 2011 Act.
Indop•nd•nt exam5n•r'• •t8t9m•nt
I have completed my examination. l ¢onflm that no matters have come lo my att8nlion In connection wltr the
examination giving me cause lo believe that in any molerial respect..
accounling record6 wore not kept in r&sp8ct ef the charity as réquired by $8clion 386 of the 2006 Act., or
the financial statements do not accord wth those records,. or
th¢ financlal statements do not comply with the accounllng requirements of secllon 396 of thè 2006 Act
other than any requirement that th8 accounts glve a true and fair vlew whiGh is not a matter ￿nSidered as
part of an independent 6xaminalion', or
the finanGlal statements havo not beèn pMp8rad In accordance wSlh tho methods and princlp188 of the
Stalemènl of Recommonded Practice for accounting and reporting by charitiès applicab18 lo Charities
prèparing th9ir accounls In g¢cordance with the Finandal Reporting Standard appllcable In the UK gnd
Republic of Ireland IFRS 1021.
I have no eoncern$ and have Come acro88 no Other maller5 in connection wlth the examinallon lo whlch
attention should b& drawn In this report in ord8r lo onablo a proper understanding of the finan¢iAI statements lo
be roach¢d.
P8ulSne M￿pIne FCA
SBM Associat&8 Limited
24 Wandsworth Road
London
SW8 2JW
Oated-.

OXFORD KILBURN YOUTH TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITUREACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted Restrictsd
funds
funds
2024
Total Unrestricted R•$trfcted
lunds
funds
2023
2023
2024
2023
Notsi
Income from:
Donations and legacies
Charitable a¢tivits"es
In￿stMentS
63,998
35.657
1.425
93.846
41,637
125
3,1
96,996
41,637
125
35,657
1,425
Totsl Income
95.180
101.080
135,608
3.150
138,758
Expendltur¥ on:
Raising funds
Charitablè activities
218
115.801
218
137.982
222
87.286
22.181
58.015
29271
Total •xp•ndlture
116,019
22.181
138.200
$8,237
29,271
87,508
Net incomèlltxpendlture) and
movement In fund8
120,839)
116.281) (37.1201
77.371
126.1211
51,250
R•conciliation of funds:
Fund balances at 1 April 2023
111.970
593.307
705.277
34.599
619.428
654.027
Fund balary￿s at 37 March
2024
91.131
577.026
668.157
111.970
593,307
705.277
The stslement of financial activiti8s indudes all gains losses rwnise(l in th8 year. AN incomg and exFendilure
derive from conlinuing 8Ctivities.

OXFORD KILBURN YOUTH TRUST
STATEMENT OF FINANCIAL POSITION
ASAT31 MARCH 2024
2024
2023
Notès
Fixed a$s•ts
Tangible asset$
12
568.350
585,895
Curr•nl a$$ets
Cash al bank and in hand
107,974
123,743
Crèditors: •mount8 falling due wlthln
on• yèar
13
18,1671
14,3611
Net current ass•ts
99,807
119.382
Total a¥set• l••• current Ilablll￿•¥
868.157
705,277
N•t a680ts •xcludlng p•nslon Il•blllty
668,157
705,277
Th• lund• ol lh• ch•rlty
Reslricltsd incom8 funds
Unrestricted funds
15
577,026
91.131
593,307
111,970
668,157
705,277
The company is enlilled to the ex&mplion Irom the aud51 requlrernenl contained in 8eclion 477 01 the Companl8s Acl
2006, for yèar end9d 31 March 2024.
The directors acknowledge their responsibilities for complylng with the requirements of tha Companle$ Act 2006
with respect to accDunling records and the proparallon of financial statements.
Th8 m8mber$ have not requirfjd the company to obtain an audit of ils flnancial statamanl8 for th8 year In que61ion in
accordance with sg¢llon 476.
Thesè financial slalemenls have been prepared In accordance wllh the provisions applicablg lo companl•s subjèct
lo the small companies regime.
Tho financial statements were 8pproved by thè trustee5 On . 2¢
J Klnder
Trust••
Compttny registratlon number 04323224 IEngland and Vvalesl

OXFORD KILBURN YOUTH TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policiès
Charity irrforTnation
Oxford Kilbum Youth Trust is a private company limiled by guarantee inccffpcnl8d in E￿land and Wales. The
gistered office is Christian Hdt Hrjuse. 45 Denmark Road. Ktlbum. London. NW6 5BP.
1.1 Accounting conv•ntion
The financial statements have been prepared in accordanc8 with the charitys Men￿ra[H1￿M and arbcles of
a55oci8ti0n,
the Companies Act 2006 and "Accounling and Reporting by Charities." Slalemenl of
Recommended Pracliee appluble lo cknaribes preparing Ilwr aecounls in accordance vrith the Finanual
Reporting Standard appIl￿ble in the UK and Rèpu￿￿ of IrelarKI (FRS 102> leffecb.ve 1 January 2019)". Th
¢hanty is a Public Benefit Entity as defined by FRS 102.
The chattty has taken advarrtage of the pro¥isions in the SORP for charities app￿.￿g FRS 102 Update Bull8tin
1 not to prepa￿ a Statement ol Cash Flows.
The f￿anCial statements a￿ prepared in steflirg. wlich IS the functional cu￿en¢Y of the charity. Monetsry
amounts in these finarKial stalements a￿ rourKJed to the nearest £.
The f￿anual statements have been prepared u￿￿or the hiSt¢NiC￿ cc6t convention. The prinopal accounting
poliues adopted are sel out below.
1.2 Golng con¢•m
At the timo of approving the fina￿181 stater￿nts. the trustees have a rè8sonable expectation th* the charity
has adequat8 rbScMJ￿S to continue in orwdt'onal existen￿ for the foreseeable futurÈ. Thus thg Iruslees
continue lo adopt the going concem b#$is of accounb'ng in preparing the financial statements.
1.3 Charltable funds
Unrestricted funds ar8 available for use at the dwelion of the trustees in furtherdnce of tr￿1r charitsble
objectives.
Restricted funds are subjsct to Spe￿fiC condttins ty thTh)rs ry grant￿5 as to how they may t* used. The
purposes use5 of the restricted funds ￿ sel tyJt in Ihe notes lo th& financAal ststements.
Endowment fuThJs are subiecl to specific conditions by th8t the capital must be mairrtained by the
harity.
1.4 Incom•
Income is recognisad when the Charity is legally ent"￿ed to it after any perfomlance condilK>rts have been mel.
the amounts can be measured reliably, arKI it is probakle that income will be received.
Cash donations are reeognised M r*ipL Other donat￿nS arè recognised the charty has nolifi
of the donation, Un￿$$ performance conditions require deferral of the amount. Income tax recoverable in
relation to dOnati(￿S receivad under Grfl deeds ol ￿Venant is recognised al the tim8 of the donation.
Legacies are recognised C￿ receipt or othermse rf the tharity has bgen I￿tIfied of an impending distribution,
the amount 15 known, an¢J r8C8iPt is expected. If the amwnt is not known, Ihe legacy is trealeé as a
conbngent a55el.

OXFORD KILBURN YOUTH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng pollclès
{continU￿)
1.5 Expènditure
Liabilib"es are recognised a5 expenditure as soon as the￿ 1$ a leg81 or constructive obligation committing the
charity to that expenditure. it is probable that a transfer of economic benefits will be required in setllemenl and
the amount trf the obllgation can be ffl&asured reliably. Expenditure is accounted for on an accruals basis and
has been cla88ified under heading5 that aggregate all ctssl related lo the category. Where coslg cannot be
direcdy attributed to particular headi￿$ they have t)een allocated to aetivilies on a basis consistent wth th8
use of resources.
1.6 Tangible fixed a8s01s
Tangib18 fixed assets are initially measured al cost and subsequèntly measured at cost or valuation, nèt of
depre￿atIOn and any impairment losses.
DeprecialK)n is ￿CognIs8d so as to write off th8 cost or valuation of assets less Iheir residu81 values over their
useful lives on thè following bases..
F￿ehOld buildings
Leasehold land and buildings
Fixtures and fittings
2% on ￿st
2% on CDSI
2% on ￿$t
The gain or loss arising on thé dlsposal of an ass8t is determined as the difference between the sale proceeds
and the carying valu8 of th8 asset, and is wognised in thè stalemonl of financial activities.
1.7 Impalrnient ol lixed 8$8èts
Al each reporti￿ end dat8, the charity reviews the carrying amounts of its tangible assets to detemiing
whether there Is any indication that thos8 assets have suffered an impairm8nl loss. 11 any such indication
exists, the recoverable amount of the asset is eslimaled in order to deterwnine the exlonl of the impaim*nt
loss lif any).
1.8 Cash and cash equlvalgnts
Cash and cash equivalents indude Cash in hand. deposits held al call with banks. other short-temi liquid
investments with original wnaturi118s of three rnonlhs or less, and bank overdrafis. Bank ovèrdrafts are shown
wllhin borrowings In current liabilkies.
Basic Ilnanclal assets
Basic financial assets, which include debtors and cash and bank balances, are irbilially measured at
transaction price including tranSact￿n costs and are subsequenuy carried at amortised cost using the effective
interest method unless the arrangemem constilut8s a financing trdnsaclion, where the transaction is
measured at the present value of the future res&ipts discounted at a market rate of Interest. Financial assets
da88ified as ro¢eivable within one year are not amorti$ed.
Baslc flnanelal Ilabilities
Basic financial liabilities, including crediiors and bank108ns are initially recognised al transaction Pri￿ unless
the arrangement constitutes a financing transaction, where tho debt instrument is measured at th8 prosenl
value of the future payments discounted al a market rate of Inlergst. Financial Irdbililies Glasstfied as payable
within one year are not amortised.
Debt instruments are subsequenuy carried at amorbsed cost, using the effecuve interest rate method.
Tradè cr•ditors are obligations lo pay for go(yJs or serviG¢s that have been aCqUi￿d in the ordin8ry CQLJrs8 of
oper8tions from suppliers. Amounts payablè are classified as current liabilities if payment is due within on8
year or less. If not, they arn presented a5 non-currenl liabilities. Trade CTedilors are recwnised initially at
transaction price and subsequenlly measured at amortised ￿st using the effective interest method.
10-

OXFORD KILBURN YOUTH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AfARCH 2024
Accounllng pdlcles
(Continuod)
D•ra¢ognillon of fln•ncial liabllftles
Financial liabilitiès are dereeognised when the chanty's eAJntraclual oblKJ8tM)ns expire or are dlsch8rged tx
cancelled.
1.9 Employèè benoffls
The cost of any unus8d holiday antitlemant 1$ reco3nk8ad In the p81ir*J In whth tho a1￿10Yea.S services a
received.
Teminadon benefits arè reeognised immediatety as an expense whon the charity Is demonstrably commltted
lo terminate the employmant of an employee or lo prowde temination benèfts.
1.10 RetSr•m•nt benollt8
Payments to defined cOntribut￿n retiremgnl bongfft Sc￿￿8 arn ctsr9ed as an expense os they fall due.
Crltleal accountlng •stlmat•i and ludg•m•nts
In the appllcalion of the charlty's accountsng Polic￿8, Iruslees are r8quired to mak8 judgoménts. e5tiTn8193
and assurnplions about the ￿rryIng amount of a$seis and liablilies that are nol readily apparent from other
sources. The estimates and associated assurrytions ara based on htslorical experience and other factors that
are considèred lo be relevant. Actual results moy differ from these esb'mates.
The eslimales an(1 undedylrKJ 855umpliLM8 aro r•vl6wed on an ongoiry basis. Revision$ to 8rxounllng
astimates are recognised In the peri¢A in which the estimate 13 revised where the revlsion affects only that
period, or in the peri¢xl of the revlsion and fuluie p8nots wherè th8 revision affects both current and futurg
petlods.
11

ootsoo
oou)o
00
11 I"
8183'.1151
07igUv)(n¢ii(iOO

OXFORD KILBURN YOUTH TRUST
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Incorn• from Charitabl• activit1•8
Vnrg$trlct•d Unrostrlcted
fund¥
funds
2024
2023
Incomè from us• of Club
35.657
41,637
Income from investments
Unr•strfctod UnM8trlcted
funds
funds
2024
2023
Interest recervable
1,425
125
Expendltur• on rnl•lng funds
UnreBtrkl•d Unr•strlct•d
funds
funds
2024
2023
Fundralslng and publlclty
Seeking donations, grants and le9￿18¥
218
222
14-

OXFORD KILBURN YOUTH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Costs of charitable actlvltlos
2024
2023
Staff costs
Depreciation and Impairment
CHHA costs
Insurance
Pr8mi¥e$ expenses
Telophone
Postage and statlonery
Computer expenses
General Club projocl costs
Slèff travol and other cosls
Subscrfjpllons
Bank ch8rg86
Worth Unlimilad
60,370
17,545
40,547
17,545
933
1,866
11,270
391
471
1,155
3,939
1,489
629
86
5,465
2.100
42,959
$01
406
1,181
4,615
1.741
834
4,170
136,482
85,786
Indep8n¢Jent examlner'$ fees
1,$00
1,500
137,982
87.286
Analys1$ by fund
UnrèslriGtod funds
Reslricled fvnds
115,801
22,181
S8,015
29.271
137,982
87,286
N•t movomont In funds
2024
2023
Th* nèt movem6nl in funds Is slated aftar charginglloredillro)..
Depr8cl8llon of owned tsngible fixed assets
17.545
17,545
Tru$t•ès
None ol the Iruslees lor any parsons connected with them) r8c8ived any remuneration or benefits from th&
charity during the year.
15-

OXFORD KILBURN YOUTH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 PAARCH 2024
10 Employeos
The average monthly number of 8mployees during the year 4WdS:
2024
Nurn￿r
2023
Number
Staffjng costs
2024
2023
Payroll ￿$ts
Wages and salar*s
Other pension costs
37.965
1.023
41,872
1.006
Total employee costs
Payroll Cvsls analysed to othgr expenses
Subcontracted services inc4uded in Stsff costs
39,C63
15.0331
26.415
42.878
11,6311
Staff costs per note 7
60.445
40,547
There were no employees whose annu￿ rernunerat￿ was than £60.000.
11
Taxatlon
The charity is exempt from taxation on its acti￿￿eS b￿aUSe 811 ils ineorrE is applied for charitable purposes.
12 Tangible fix•d ass•ts
Total
land and
buldlngs
fittlngs
Co8t
At 1 April 2023
584,055
293,186
19.563
896.804
At 31 March 2024
584.055
293.186
19.563
896,804
D•predation and impalrn?•nt
At 1 April 2023
Depreciation charged in the y•8r
193.242
11.681
98,104
5,864
19,563
310.909
17,545
Al 31 March 2024
204.923
103.968
19.563
328,454
Carrylng amount
Al 31 March 2024
379.132
189.218
568.350
Al 31 March 2023
3￿.813
195,082
585.895
16-

OXFORD KILBURN YOUTH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
13 Cradltors- amounts falllng due within one year
2024
2023
Tr8de t¥editors
Other creditors
Accruals and defeired incorne
4.417
2.250
1,500
611
2,250
1,500
8,167
4,361
14 Rellrom*nt bonofit schemes
2024
2023
Defin￿ ¢ontrlbutlon schom•s
Chorge to profit or1088 in respect of defined conlribulion ￿heMeS
1,023
1.006
The charity operate8 a defined contribution pension scheme for 811 qualifying employees. Tho assets ol the
scheme are held separately from those of the charity in an indepen(lendy administered fur￿.
17-

Exw
V) Q tr)
U7 f))
¢9
(i Irj (n ti) < LU

OXFORD KILBURN YOUTH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
16 Unrnstrictod lund$
The unreslricl8d funds of the charity comprfse the unexpended balan￿S of donalrons and grants which ar
not subjeGt to sp8cific conditions by donors and grantors as to how they may be used. Th8s8 include
deslgnalod fund8 which hav8 been sel aslde out of unreslricled funds by the trustee8 for sp8eifi¢ purposes.
At l Aprll
2023
InGoming Resourc•• At 31 March
r0¥ourG¢•
expendod
2024
General fund5
111,970
95,180
1116,0191
91,131
Pr•vlous yoar:
At 1 April
2022
Incomlng
r•sour¢o$
Resource• At 31 March
expended
2023
General funds
34,599
135.608
158,2371
111,970
17 Analy•l• of not a8S•t• botwmn fund•
Unr•Atrlet•d
fund•
2024
R••trlGt041
tund•
2024
Tot•1
2024
At 31 March 2024:
Tanglble assets
Currant ass8tsllliabiliti881
568,350
8,676
568,350
99.807
91.131
91,131
577,026
668,157
Unrestrlcted
funds
2023
Ro¥trlctsd
fund•
2023
Total
2023
At 31 March 2023:
Tangible assets
Current a8selsllliabilitie8)
585,895
7,412
585,895
119,382
111.970
111,970
593,307
705,277
18 Relatod party transactlons
There were no disclosable related party transactions during the year12023- r)onel.
-2D-