CHARrrY REGISTRATION NUMBER: 1106310 Birtley Young People's Club Unaudited Financial Statements 31 March 2024
Birtley Young People's Club Flnancial Statements Year 8nd8d 31 March 2024 Page Trustees, annual report Independent examiner's report to the trustees Statement of financial activities (including income and expenditure account) Statement of financial position Notes to the financial statements The following pages do not form part of th8 financial statements Detailed statement of financial activities 13
Birtley Young People's Club Trustees. Annual Report (eontlnuad) Year ended 31 March 2024 Flnanclal review The income for the year amounted to £40,138 and expenditure £44.820 leaving a deficit for the year of £4,682. Reserve brought forward were £149,223 and General reseNes have therefore decreased in the year to £144,541. During the year the charity was subjeGt to a pollGe investigation whereby it was thought that some members were involved in criminal activities. and it was temporarily closed for 6 Tnonths. Nothing was proven and the Gharity was allowed to open again but we have lost 6 months revenue. We airn to build this back up in the upcoming year. The trustees, annual report and the strategic report W6re approved on on behalf of the board of trustees by: and signed ary Coote Trustee
Birtley Young People's Club Trustees, Annual Report Year ended 31 March 2024 The trustees. present their report and tho unaudited financial statements of the charity lor the year ended 31 March 2024. Reference and adminislrative details Registered charlty name Birtley Young People's Club Charity regisiratlon number 1106310 Prlncipal offlce and reglsiered 70 Greenford offlce Gateshead Tyne and Wear NE11 OTW The IrusteeG Chair Treasurer Gary Coote Suzanne Butler Christopher Colpitts Lee Rodgers Independent examlner SME Centre of Exce118nce ICOFEI Lld 17 Main Street Ponteland Northumberland NE20 gNH Structure, governance and management The Charity is constituted under a governing document, having registered as a charity on 14 October 2014. Trustees are elected as per the rules within the Gonstitution. Objectlves and actlvltles The aim of the organisation is to advance the education ot boys and young men. girls and young women and io provide and assist in the facilities in the interest of social wellare for their recreation or other leisure time occupation, with the objact of improving their conditions of life and to enable them to identify and help meet their needs and to partiGipate more fully in SOGiety, Strateglc report The following sections for 2chiev8ments and performance and financial review form the strategic report of the charity.
Birtley Young People's Club Independent Examiner's Report to the Trustees of Birtley Young People's Club Year ended 31 March 2024 I report to the trustees on my examination of the financial statements of Birtley Young People's Club ('the charity,) for the year ended 31 March 2024. Responsiblllties and basis of report As the trustees of the charity, you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 {Ihe Acl,). I report in respect of my examination of the charity's financial statements as carried out under section 145 of the Charities Act 2011 and in carrying out my examination I have followed the all the applicable Dir6Ctions given by ihe Charity Commission under section 145(5){b) of the 2011 Act. Independent examlner's statement I have compleled my examination. I confirm that no matters have Gome to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not k8Pt in resp8ct of the charity as required by section 130 of Ihe Ihe financial statements do not accord with those records. or the financial statements do not comply wtth the applicable roquirernents concerning the form and conlent of accounts set out in the Charities {Accounts and Reports) Regulations 2008 other than any requirement that the acGounts give a 'true and falrf view which is not a matter consider8d as part of an independent examination. I have no conGerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Jane Freeman FCCA Independ8nt Examiner 17 Main Street Ponteland Northumberland NE20 9NH 2611112024
Blrtley Young People's Club Statement ot Financial Activities (including income and expenditure account) Year ended 31 March 2024 2024 Unrestricted funds Total funds Total funds 2023 Income Other trading aGtivities Total income Noio 40.138 40,138 40,138 40,138 84,693 84,693 Expenditure Expenditure on raising funds-. Costs of raising other trading aGtivities Total expendlture 44,820 44,820 50,188 44,820 44.820 50,188 Net {8xpenditur8)lincome and net movement In funds (4,682) {4,682) 34,505 Reconciliation of funds Total funds brought loard Total funds carrled forward 149,223 144,541 149,223 144,541 114,718 149.223 The statemenl of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. Th? noteis on pages 6 10 11 torm part ol Ihese linanciai statements.
Birtley Young People's Club Statement of Flnancial Position 31 March 2024 2024 2023 Fixed assets Tangible fixed assets Note 10 5,194 6,492 Current assets Cash at bank and in hand 140,143 143,527 Credltors: amounts lalllng due wlthin one year Net current assels Total assets less current Ilabilitles Net assets 11 {796} 139,347 {796) 142.731 144.541 144,541 149,223 149,223 Funds of the charlty Unrestricted funds Total charity funds 144.541 144,541 149,223 149,223 12 These financial statements were approved by the board of trustees and authorised for issue on , and are signed on behalf of the board by.. Gary Coote Trustee The noies on pages 6 to 11 fomi part of these financial stalements.
Birtley Young People's Club Notes to the Financlal Statements Year ended 31 March 2024 General informatlon The Gharity is a public benefit entity and a charitable incorporat8d organisation, registered in England and Wales. The address of the registered office is 70 Greenford, Gateshead, Tyne and Wear, NE11 OTW. Statement ol compllance These financial statements have been prepared in compliance with FRS 102. 'The Financial R8POrting Standard applicable in the UK and the Republic of Ir81and', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (Charities SORP (FRS 102)). Accountlng policies Basis of preparatlon The financial statements have been prepared on Ihe historical cost basis. The financial statements are prepared in sterling, which is the functional currenGy of the enlity. Golng concern There are no material uncertainties about the charity's ability to continue. Dl$closure exemptions The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102.. (a) No cash flow statement has been present8d for the company. (b} Disclosures in respect of financial instruments have not been presented. Fund accountlng Unrestricted lunds are avaiL2bl8 for use at th8 discr8tion ot the trustees to further any of the Gharity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restriciions on their expendilure declar8d by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
Birtley Young People's Club Notes to the Financial Statements Icontinu8d) Year ended 31 March 2024 Accounting policlos (¢ontlnued) Incomlng resources All incoming resources are inGluded in the statement of financial aGtiviti86 when entitlement has passed to the charity. it is probable that the economic benefits associated with the transaction will flow to the oharty and the amounl can be reliably measured. The following specific policies are applied to particular categories of income: income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. legacy income is recognis8d when receipt is probable and entitlement is established. income from donated goods is measured at the lair value of the goods unless this is impraGtIGal to measure reliably, in whiGh case the value is derived from th8 Cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of genwal volunteers. income from Gontrac15 for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. Resources expended Expendituro is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannol be fully recovered, and is classified und8r headings of the statement ol financial aclivities to which it relates: expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and Ihe sale of donaled goods. expenditure on charitable acttvities includes all costs incurred by a charity in undertaking activities that further its Gharitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the chariiy nor part of its eXnditle on charitable activili&s. All costs are allocated to expenditure Gategories reflecting th8 use of the resource. Direct Gosts attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistenl basis. Tanglble assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revallfjed amounts are recorded at the fair valu8 at the date ol revaluation less any subsequent accumulated depreciation and subsaquent accumulatad impairment losses.
Birtley Young People's Club Notes to the Financlal Statements (contlnued) Y6ar ended 31 March 2024 Accountlng pollcies (conNnued) Tangible a8setS (contlnued) An increase in the carrying amount of an asset as a result of a revaluation, Is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within ihe statement of financial activities. A decrease in the carrying amount of an asset as a resuR of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities. Depreciation Depreciation is calculated so as to write off the cost or valuation ol an asset, less its residual value, over the useful economic life of that assel as follows". Plant & machinery Motor vehicles 200/0 reducing balance 250/0 Straight line Other tradlng activities Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Sponsorships Fundraising events Members Subs Rent 14,340 13,971 10.494 1,333 14.340 13,971 10,494 1,333 17,763 40,341 24,329 2,260 17,763 40,341 24,329 2,260 40,138 40,138 84,693 84,693
Birtley Young People's Club Notes to the Financlal Statements (eontlnueéj Year ended 31 March 2024 Costs of ralsing other tradlng actlvitles Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 ABA Wages and salaries Home Show Rates Utilities Repairs and maintenanc8 Insurance Cleaning Equipment Bank charges Travel and motor Legal and professional fees Telephone Office costs Depreciation Coaching Accountancy Sundry 47 47 99 2,112 16,009 832 5,257 5,378 5.452 5,452 650 65 3,764 99 2,112 16,009 832 5,257 5,378 5.452 5,452 650 65 3.764 21,263 832 3.892 112 4,126 2,064 21,263 832 3.892 112 4,126 2,064 41 3,258 3,500 613 695 1,298 2,346 558 175 41 3,258 3,500 613 695 1,298 2,346 558 175 230 742 1,623 875 516 1,132 50,188 230 742 1,623 875 516 1,132 50,188 44,820 44,820 Net (expendlture)Ilncome Net {8xpenditure)Iincome is stated after charging/{crediting)- 2024 2023 Depreciation of tangible fixed assets 1,298 1,623 Staff costs The average head count of employees during the year was Nil {2023: Nil). No employee r8ceiv8d employoe benefits of more than £60,000 during the year (2023- Nil).
Birtley Young People's Club Notes to the Financlal Statements (continued) Year ended 31 March 2024 Tanglble flxed assets Plant and machinery Motor vehicles Toiai Cost At 1 Aprll 2023 and 31 March 2024 Depreciatlon At 1 April 2023 Charge for the year Al 31 March 2024 Carrylng amount At 31 March 2024 At 31 March 2023 10,144 25,985 36,129 3,652 1,298 25,985 29,637 1.298 4,950 25,985 30,935 5,194 5,194 6,492 6,492 Creditors: amounts falling due within one year 2024 2023 Accruals and deferred income 796 796 10. Analysis of charitable funds Unrestrlcted funds At 1 April 2023 At Income Expenditure 31 March 2024 General funds 149,223 40.138 (44,820) 144,541 At 1 April 2022 At Income Expenditure 31 March 2023 General funds 114,718 84,693 (50,1881 149,223 10
Birtley Young People's Club Notes to the Flnancial Statements Iconllnuedj Year ended 31 March 2024 11. Analysls of net assets beiween tunds Unrestricted Total Funds Funds 2024 Tangible fixed assets Current assels Creditors less than 1 year Net assets 5.194 140,143 (796) 144,541 5,194 140,143 {796) 144,541 Unrestricted Total Funds Funds 2023 Tangib18 fixed assets Current assets Creditors less than 1 year Net assets 6,492 143.527 {796) 149,223 6,492 143,527 {796) 149,223 11
Birtley Young People's Club Management Informatlon Year ended 31 March 2024 The following pages do not forni part of the flnanclal statements. 12
Birtley Young People's Club Detailed Statement ot Financial Activities Year ended 31 March 2024 2024 2023 Income Other trading actlvitles Sponsorships Fundraising events embers Subs Rent 14,340 13,971 10.494 1,333 40.138 17,763 40,341 24,329 2,260 84,693 Total income 40.138 84.693 Expenditure Costs of ralsing funds ABA Wages and salaries Home Show Rales Utilities Repairs and maintenance Insurance Cleaning Equipment Bank charges Travel and motor Legal and professional fees T818phone Office costs Depreciation Coaching Sundry Accountancy 47 99 2,112 16,009 832 5,257 6.028 5,452 5,452 650 65 3,764 21,263 832 3,892 112 4,126 2.064 41 3,258 3,500 613 695 1,298 2.346 174 559 230 742 1,623 875 1,132 516 44,820 50,188 Total expendllure 44,820 50,188 Net (expenditure)IlnGome {4,682) 34,505 13