Charity Number: 1103633
Central London Youth Development Trust
Church Street Neighbourhood Centre, Penfold Street, London, NW8 8PT
REPORT AND FINANCIAL STATEMENTS For The Year Ended 31 March 2022
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Central London Youth Development Trust
For The Year Ended 31 March 2022
| CONTENTS | Page | |
|---|---|---|
| Information of financial Statements | : | 1 |
| Report of the Executive Committee | : | 2 |
| Statement of responsibilities of the Committee | : | 3 |
| Independent Examiner's Report | : | 4 |
| Income and Expenditure Accounts | : | 5 |
| Statement of Assets and Liabilities | : | 6 |
| Notes to the Accounts | : | 7 |
Central London Youth Development Trust
INFORMATION OF THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2022
CHAIRMAN
Mr Khaled Ahmed Hoque
ADDRESS
Church Street Neighbourhood Centre Penfold Street
London, NW8 8PT
BANKER
Natwest
INDEPENDENT EXAMINER
Abu Taher ICPA (Fellow), IFA, MIPA Mahi and co 83-85 Nelson Street London E1 2HN
CHARITY NUMBER
1103633
Page 1
Central London Youth Development Trust
REPORT OF THE BOARD OF Trustees
For The Year Ended 31 March 2022
The Board of Trustees has the pleasure in presenting their report and the Financial Statements reviewed by the independent examiner for the year ended 31 March 2022.
GOVERNING
The organisation is managed by the Board of Trustees according to the organisation constitution. The Trustees are elected every two year to oversee the overall activities and monitor the organisation day-today running.
OBJECTIVE
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Provide facilities for recreation or other leisure time occupation with the object of improving their conditions of life of persons who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances.
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Preserve and protect physical and mental health.
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Advance education and training so as to advance in life and assist with the adaption within a new community.
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Relieve unemployment by the provision of vocational and skills training, advice and support as the Trustees see fit for the benefit of young people of minority ethnic groups in central London.
The Central London Youth Development was set up in 1996 by a group of young which until 2000 was an informal organisation run by its organisers. In 2000, it had transformed into formal shape with a formal structure and constitution. It is a registered charity and working with the young people from the diverse backgrounds in Central London to increase their aspiration , promote their social behaviour and ensure their effective participation in all aspects of community life.
The Central London Youth Development mission is to create a social framework for the young generation in an acceptable manner and formulate a robust body of young challengers for the constructive resolution on their own situation. The Central London Youth Development provides effective support to achieve excellence by promoting social behaviour of young generations of ethnic minorities, who are in many ways excluded and at risk.
REVIEW AND RESULT
The Trustees present their report and financial statements for the period 1st April 2021 to 31st March 2022.
Central London Youth Development reports a surplus of £1346 on the operations for the year under review. The fluctuations in debtors and creditors year on year are purely the result of the timing of receipts and payments around the year end.
THE MANAGEMENT COMMITTEE
The Board of Trustees who serve in the Charity during the year were as follows:
| Mr Khaled Ahmed Hoque | Chairman |
|---|---|
| Mr Mohammed Mehrajul Islam | Trustee |
| Mr Monojaha Islam | Trustee |
| Mr Mohammed Ikhlas Uddin | Trustee |
| Mr Saidul Chowdhury | Trustee |
| Mr Maynul Hoque | Trustee |
| Mr Areeq Uddin Chowdhury | Trustee |
Page 2
Central London Youth Development Trust
For The Year Ended 31 March 2022
STATEMENTS OF RESPONSIBILITIES OF THE TRUSTEES
Law applicable to charities in England & Wales requires the Committee to prepare financial statements for each financial year that give a true and fair view of the charity's financial activities during the year of its financial position at the end of the year. In preparing those financial statements, the Committee is required to:
(A) Select suitable accounting policies and apply them consistently;
(B) Make judgments and estimates that are reasonable and prudent;
(C) State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements;
(D) Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Board of Trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
INDEPENDENT EXAMINER
According to the provissions of the Charities Act 1993, the trustees has agreed that an audit is not required for this financial year. However ,due to provision of the same act an independent examiner is required.
The Board of Trustees has appointed Mr Abu Taher of Mahi & Co as an independent examiner for the year ended 31 March 2022.
APPROVAL
This report was approved by the Trustees on ------------------------------and signed on their behalf13/12/2022
Mr Khaled Ahmed Hoque Chairman Date: 13/12/2022
Page 3
Central London Youth Development Trust For The Year Ended 31 March 2022
INDEPENDENT EXAMINER'S REPORT ON THE UNAUDITED FINANCIAL STATEMENTS TO THE TRUSTEES.
In accordance with the general directions gven by the Charity Commission we have compiled the Financial Statements comprising Income and Expenditure account for the year ended 31 March 2022 and Statement of Assets and Liabilities as on that date.
The trustees consider that an audit is not required for the year under section 43(2) of the charity Act 1993. The Procedures we have undertaken do not provide all the evidevce that would be required in an audit therefore no opinion is given as to whether the accounts present a 'true and fair' view.
MAHI & CO
Certified Practising Accountants 83-85 Nelson Street London E1 2HN
Page 4
Central London Youth Development Trust
INCOME AND EXPENDITURE ACCOUNT
For The Year Ended 31 March 2022
| Grant Garfield Weston London Catalyst K&C CC Grant BME Health Forum Church Street Neighbourhood Keepers Westminister Charitable Trust City of Westminister City Bridge Trust (LCRF) John Lyons Charity HMRC JRS National Emergency Trust Award for All(CCSF) Donations BME Health Forum Amazon LESS: EXPENDITURE Accountancy fees Children Activities Depriciation Equipment expensed Food ingredients Insurance Pensions Professional fees Rent & Hiring PPS & Advert Voluntary staff Telephone and internet Employer NIC Wages and salaries Travel and subsistence Sundry Expenses Excess of Income over Expenditure |
Un restricted £ 10000 - - - - - - - - - - - 1750 5 11755 - (2,859) - - - - - - - - - - (2,859) 8,896 |
Restricted £ 2000 5351 6000 10215 22044 19500 1767 - - - - 66877 (564) - (180) (414) (2,110) (383) (2,195) (4,791) (5,187) (384) (1,990) (467) (66) (55,448) (30) (218) (74,426) (7,550) |
2,022 £ 10000 2,000 5351 6000 10215 - 22044 - 19500 1767 - - 1750 5 78632 (564) (2,859) (180) (414) (2,110) (383) (2,195) (4,791) (5,187) (384) (1,990) (467) (66) (55,448) (30) (218) (77,286) 1,346 |
2021 £ - - 7135 - 10657 5885 2900 10480 - 8834 6650 8500 2250 - |
|---|---|---|---|---|
| 63291 | ||||
| (720) (2,501) (226) (98) (8,839) (383) (644) (2,960) (1,992) (1,007) (1,280) - - (33,568) - - |
||||
| (54,218) | ||||
| 9,073 |
Page 5
Central London Youth Development Trust
STATEMENT OF ASSETS AND LIABILITIES
As at 31 March 2022
| NOTE Fixed Assets IT Equipment 2 Current Assets Cash at bank and in hand Debtors 3 CREDITORS Amount falling due within one year 4 NET CURRENT ASSETS / (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES FUNDS: Excess of Income over Expenditure Total Funds |
2022 £ 722 13,587 1,980 15,567 (1,252) 14,315 15,036 13,690 1,346 15,036 |
2021 £ 902 14503 3534 18037 (5,249) 12788 13690 4617 9073 13690 |
2021 £ 902 14503 3534 18037 (5,249) 12788 13690 4617 9073 13690 |
|---|---|---|---|
| 13690 | |||
| 4617 9073 |
|||
| 13690 |
Mr Khaled Ahmed Hoque Chairman Dated: ………………………………………….. 13/12/2022
Page 6
Central London Youth Development Trust
For The Year Ended 31 March 2022 NOTES TO THE ACCOUNTS
1. ACCOUNTING POLICIES
a. Basis of Accounting
The accounts have been prepared under the historical cost convention of accounting.
b. Grants
Revenue grants are credited to the Income and Expenditure account on a receivable basis.
c. Donations
Donations are recorded on a receipt basis.
d. Depreciation
20% straight line.
2. FIXED ASSETS
| 2. FIXED ASSETS COST At 1 April 2021 Addition During the year At 31 March 2022 DEPRECIATION At 1 April 2021 Charge for the year At 31 March 2022 NET BOOK VALUE At 1 April 2021 At 31 March 2022 3. DEBTORS HMRC JRS Other debtor 4. CREDITORS Accountancy Wages payable PAYE NI and Pension Creditors ` Page 7 |
IT Equipment Total £ £ |
|---|---|
| 1,128 1,128 - |
|
| 1,128 1,128 |
|
| 226 226 180 180 |
|
| 406 406 |
|
| 902 902 |
|
| 722 722 |
|
| 2021 2022 £ £ 1,767 - 1,767 1980 |
|
| - 1,980 |
|
| 2021 2022 £ £ (300) (300) (2,754) - (993) (63) (1,202) (889) |
|
| (5,249) (1,252) |