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2023-08-31-accounts

Registered Charity Number 1101523

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THE MAXIMUM LIFE YOUTH PROJECT

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FINANCIAL STATEMENTS

Year ended

31 AUGUST 2023

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Phoenix Accountancy and Business Consultancy Limited

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THE MAXIMUM LIFE YOUTH PROJECT

Charity No: 1101523

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Contents to the Financial Statements For the year ended 31 August 2023

Page
Trustees Annual Report 3
Independent Examiners’ Report 7
Receipts and Payments Account 8
Statement of Assetsand Liabilities 9
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NotestotheFinancialStatements 10

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THE MAXIMUM LIFE YOUTH PROJECT

Charity No: 1101523

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Report of the Board of Trustees For the year ended 31 August 2023

The Trustees present their report with the financial statements of the Charity for the year ended 31 August 2023

Reference and Administrative Details of the Charity, its Trustees and Advisers

Name of charity: The Maximum Life Youth Project Charity Registration Number: 110523 Principal Operating Address: Kingston Wesley Methodist Church | 882Mul Holderness Road HU9 3LP

Trustees:

Names of Trustees who served during the year and since the year end were as follows:

Mrs M Clark - Appointed 18,10,22 Mrs A Gibbs Mrs ] Gray . Mr P Spooner Mr R Axford Mr K Wardale Resigned 18.10.22

Independent Examiner: Rebecca Triffitt, MAAT Phoenix Accountancy and Business Consultancy Limited Morley’s Cottage Morley’s Yard Walkergate Beverley East Yorkshire HU17 9BY

Bankers:

CAF BANK 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 43Q

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THE MAXIMUM LIFE YOUTH PROJECT

Charity No: 1101523

Report of the Board of Trustees For the year ended 31 August 2023

Structure, Governance and Management

The Maximum Life Youth Project Is & registered charity governed by Its Constitution adopted on 25" July 2003 and amended 28™ December 2003. The Maximum Life youth Project registered as a charity on 14 January 2004

The members of the Executive Committee are elected at the Annual General Meeting by the members of the Charity. All trustees are required to serve a two year service before retiring from office,

The Constitution states that the Executlve Committee shall consist of no less than 3 members with no maximum number.

RiskManagement;

Procedures are In place to ensure compilance with health and safety of staff, volunteers, service users and visitors to the Centre, All procedures are perlodically reviewed to ensure that they continue to meet the needs of the charity. .

Objectives and Activities for Public Benefit

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The advancement of education of young people In the area of Hull and East Riding which will benefit from the provision of facllitles for recreation or other leisure time occupation, In the Interests of social welfare, for persons in need of such facilities with the object of Improving the conditions of life for such person.

In developing the main objectives for the following year the Trustees have given regard to the Charlty Commission guidance on public benefit, Our main objectives for the following year are:

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THE MAXIMUM LIFE YOUTH PROJECT

Charity No: 1101523

Report of the Board of Trustees For the year ended 31 August 2023

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Achievements and Performance

Review of Activities 2023

Financial Review

During this financlal year the charity received £88,408 worth of Income (restricted £77,900 and unrestricted £10,508), Expenditure for the year is £92,049 (restricted £75,390 and unrestricted £15,858), so this year deficit Is £3,641.

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Reserves Policy

The charity alms to hold 3 months’ worth of running costs under unrestricted funding, this will be reviewed annually.

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Plans for Future periods

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Charity No: 1101523

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THE MAXIMUM LIFE YOUTH PROJECT

Report of the Board of Trustees For the year ended 31 August 2023

Statement of Trustees Responsibilities

The Charities Act requires the trustees to prepare financial statements for each financial year, In accordance with the Charity Commission Guidance the Trustees have elected to prepare the accounts on the Receipts and Payments basis. This is an acceptable format for all non-company charities with an Income below £250,000.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. The trustees are also responsible for safequarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other Irregularities.

Statement of disclosure of information to Independent Examiner

The Charity has an Income between £25,000 and £1m and therefore falls under the Independent Examination regime. We, the Trustees of the Charity who held office at the date of approval of these financial statements, each confirm so far as we are aware, that:

Independent Examiner

A resolution to reappoint Independent Examiner, Rebecca Triffitt of Phoenix Accountancy and Business Consultancy Limited will be proposed at the forthcoming annual general meeting.

By order of the Board

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RJ Axford
Trustee
Date: \ ( .N Wi @ “Lo? +f.
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THE MAXIMUM LIFE YOUTH PROJECT

Charity No: 1101523

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Independent Examiner’s Report to the Members of The Maximum Life Youth Project

I report on the accounts of The Maximum Life Youth Project for the year ended 31 August 2023, which are set out on pages 10 to 12.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this period under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

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It Is my responsibility to:

Basis of independent examiner's report

My examination was carried out In accordance with the General Directions given by the Charity Commission. An examination Includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also Includes consideration of any unusual items or disclosures In the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide ail the evidence that would be required in an audit, and consequently no opinion Is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

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Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to belleve that in, any material respect:

I have no concerns and have come across no other matters In connection with the examination to which attention should be drawn In order to enable a proper understanding of the accounts to be reached.

Rebecca Triffitt, MAAT Employee of Phoenix Accountancy and Business Consultancy Limited Morley’s Cottage, Morley’s Yard Walkergate, Beverley, HU17 9BY Date: 2 Ay 4

Charity No: 1101523

THE MAXIMUM LIFE YOUTH PROJECT

Receipts and Payments Account For the year ended 31 August 2023

: 2023 2623 2023 2022 2022 2022
Unrestricted Restricted Total Unrestricted Restricted Total
RECEIPTS Note Funds Funds Funds Funds Funds Funds
Grants 2 5,040 77,900 82,940 - 71,858 71,858
Donations 2 5,388 - 5,388 14,713 - 14,713
Interest 80 - 80 5 - 5
10,568 77,900 88,408 14,718 71,858
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PAYMENTS
Salary Costs 5,834 54,962 57,796 2,230 56,179 58,405
Activity& Food Costs 7,508 17,962 25,469 1,136 20,243 24,378
Rent L774 2,740 4,511 1,272 2,545 3,817
Insurance - 965 965 319 637 956
Telaphone & Internet - 1,239 1,239 473 946 1,419
Substriptions 144 442 586 - 328 328
Marketing &Advertising 65 - 65 : 584 584
Other Office Costs ie] 80 80 4148 1,736 1,884
Equipment & Maintenace 170 . 170 154 510 664
Accounts Fee
Maxcafe -equipment		 300
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802		 300
802		 264
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Bank Charges 65 : 65 “ “ -
15,858 75,390 92,049 5,956 83,762 89,758
Surplus/(deficit fortheperiod (5,349) 2,511 - (3,641) 8,722 (11,904) (3,182
Transfers between funds 49 (15) - (6,652) 6,652 .
Cash and Sank balance brought ;
forward 8,910 34,176 43,086 - 6,840 33,428 46,26£
Cash and Bank balance carried
forward 3,580 36,668 39,445 8,910 34,176 43,086

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The notes on page 10 form part of these financial statements.

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Charity No: 1101523

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THE MAXIMUM LIFE YOUTH PROJECT

Statement of Assets and Liabilities As at 31 August 2023

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|||||||||| |---|---|---|---|---|---|---|---|---| |Notes|2023|2020| |Monetary|Assets|£|£| |Bank|Account|39,273|42,914| |Petty|Cash|172|172| |Total|Monetary Assets|39,445|43,086| |Comprising:| |Unrestricted|Funds|2,777|8,910| |Restricted|Funds|3|36,668||34,176| |39,445|46,268| |Non|Monetary Assets and|Liabilities| |Fixed|Assets for the|Charity’s|use|(at|cost|unless|otherwise|stated)| |Maxcafe|Equipment|802|-| |Other|Equipment|5,330|5,330| |6,132|5,330| |Debtors| |Sundry|Debtors|-|-| |Creditors|.| |Accounts|Fee|(360)|(300)| |(360)|(300)| |yq~|Jee| |These financlal|statements were approved|by the committee on|‘ON ~<(date)| |and|signed|on|its|behalf|by:| | IAS|J Axford, Trustee|

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The notes on pages 10 form part of these financlal statements.

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THE MAXIMUM LIFE YOUTH PROJECT

Charity No: 1101523

Notes to the Financial Statements For the year ended 31 August 2023

Notes

1 Basis of Preparation

These accounts have been prepared on a receipts and payments (R&P) basis in line with charity commission guidance for a charity of this size.

The comparative figures relate to the year ending 31 August 2022.

2 Grants

2023 2023 2023 2022 2022 2022
Unrestricted Restricted Total Unrestricted Restricted Total
Funds Funds Funds Funds Funds Funds
National Lottery Funding - - - - 12,788 12,788
Hull City Council (1) . 30,405 30,405 . 29,857 29,857
Hull CityCouncil (2) - 3,919 3,919 - 6,880 6,880
Hull City Council (3) - 9,130 9,130 - 6,165 6,165
Hull CityCouncil (4) - - - - 500 500
Hull CityCouncil - FoodChamps - 4,000 4,000 - 2,000 2,000
City Healthcare Partnership . - - - 350 350
PerformingArts ” - - - 8,138 8,138
Two Ridings CommunityFunds (1) - - . - 4,980 4,980
Two Ridings CommunityFunds (2) - 1,980 1,980 - - -
TwoRidingsCommunityFunds (3) - 1,965 1,965 - - -
Gala Activities - - - - 200 200
JamesReckittsCharitable Trust (1) 3,000 - 3,000 2,500 . 2,500
JamesReckittsCharitable Trust (2) . 3,000 3,000 - . -
JamesReckittsCharitable Trust (3) - 9,300 9,300 - . -
South HunsleyAcademyTrust 5,040 - 5,040 7,560 . 7,560
J& H RausingTrust - Maxcafe - 9,211 9,211 - - -
Tesco - Groundworks . 1,000 1,000 - - -
HenrySmith - 604 604 - - -
Tribune Trust - 2,584 2,584 : . -
KCOM - 802 802 - - -
Other Donations 2,397 - 2,397 4,653 . 4,653
10,437 77,900 88,337 16,735 71,858 86,571

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THE MAXIMUM LIFE YOUTH PROJECT

Charity No: 1101523

Notes to the Financial Statements For the year ended 31 August 2023

3 Restricted Funding

Funds at Funds at
01.09.22 Incoming Outgoing Transfer 31.08.23
Play RangerScheme 4,655 . (4,655) -
PerformingArts 7,998 - a 7,998
Hull CityCouncil - Targeted Early Help
Youth Provision 105 30,405 (30,510) -
Hull CityCouncil
- Food Champs		 1,599 4,000 (5,599) -
Awards4All -Food Plus 3,380 . (3,380) .
Fareshare support - localconnect 702 - 702
Hull City Partnership -Theatre Project 350 - (350) -
Gala Activities 102 - (102) -
Two RidingsCommunity Foundation -
CoronavirusCommunity 10,000 - = 10,000
Hull CityCouncil -Outreach 1,975 3,919 (5,894) -
Sports DevelopmentWorker 1,448 2,584 (684) 3,348
Aviva Crownfund -Covid Support 1,862 - ‘ 1,862
Hull City Council - HAF - 9,130 (7,020) 2,110
KCOM . 802 (802) -
Henry Smith
~		 - 604 (623) 19 -
TescoGroundworks - 1,000 (750) 250
J & H RausingTrust - Maxcafe - 9,211 (9,211) -
Two Ridings Community Foundation -
Costof living - 1,965 (1,965) -
Two RidingsCommunity Foundation -
Dance Project - 1,980 (1,980) -
James Reckitts - Maxcafe - 3,000 : 3,000
James Reckitts - 20th Anniversary - 9,300 (1,902) 7,398
34,176 77,900 (60,369) 19 36,668

A brief description of the restricted funds is provided below:

Maxcafe

Restricted funding received from J & H Rausing £9,211, James Reckitts £3,000 & KCOM £802 to fund the new maxcafe.

James Reckitts Trust

Restricted funding received from James Reckitts to support us in your 20" Anniversary, we aim to put on trips and fun activities for the young children and adults within our area.

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THE MAXIMUM LIFE YOUTH PROJECT

Charity No: 1101523

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Notes to the Financial Statements For the year ended 31 August 2023

A brief description of the restricted funds is provided below:

Hull City Cound! — HAF Funding

Restricted funding recelved from Hull City Council to fund the winter 2022 and summer 2023 Holiday Activity Fund, which Includes activities and food for young children within the Hull and East Riding,

Two Riding Community Foundation

Restricted funding received from Two Ridings CommF u ndsnity(£1,980) to provide dance activities for young children with in the Hull & East Riding area.

Hull City Council — Outreach Project

Restricted funding received from Hull City Council to contribute to the pay for an outreach support person for the Hull & East Riding.

Hull City Council — Targeted Early Help Youth Provision

Restricted funding received from Hull City Council to contribute to the pay and overheads for this ongoing project, .

Tesco — Groundworks

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Restricted funding recelved from Tesco to pay for 12 months’ worth of breakfast Items for our breakfast dub.

Henry Smith

Restricted funding received from Henry Smith to pay for theatre trip.

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4 Taxation

The Maximum Life Youth Project is a registered charity, registration number 1101523. All the Charitles’ income Is applied to its charitable objectives and the association is therefore exempt under current legislation from most forms of taxation.

No remuneration was pald to Trustees during the year out of the funds of the charity,

No reimbursement of expenses was paid to Trustees during the year out of the funds of the charity.

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