|||||Page|Page|
|---|---|---|---|---|---|
|Reference and Administrative||Details||||
|Report ofthe Trustees||||||
||||2|to|5|
|Independent
Examiner's|Report|||||
|Statement ofFinancial Activities|||7|to|8|
|Balance Sheet||||||
|Cash Flow Statement||||||
|||||10||
|Notes to the Cash Flow Statement||||||
|Notes to the Financial Statements|||12|to|23|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||Unrestricted||||
||||Unrestricted|funds-|Restricted|Total|Total|
||||fund|Designated|fund|funds|funds|
|||Notes|6|6||||
|INCOME AND||||||||
|ENDOWMENTS FROM||||||||
|Charitable
activities||||||||
|Bangladesh
Youth League
Centre for Youth and|||||127,112|127,112|88,025|
|Community
Development|||68,469|||68,469|114,892|
|Bangladesh
Atter School||||||||
|Educational
Support Service|||1,350||5,000|6,350||
|Little Stars Pre-School|||||127,030|127,030|103,761|
|Access Disability Project|||||70,664|70,664|69,317|
|Rising Stars Play Scheme
BBOSupport into Employment|||||43,859
41,767|43,859
41,767|34,517
15,903|
|Luton Digital Skills and||||||||
|Employment
Project||||||||
||||||155,810|155,810|38,169|
|Investment
income|||21,800|||21,800|19,983|
|Other income|||26,961|||26,961|111,797|
|Total|||118,580||571,242|689,822|596,364|
|EXPENDITURE ON||||||||
|Investment
management|costs||4,243||268|4,511|4,59$|
|Charitable
activities||||||||
|Bangladesh
Youth League|||19,557|18,444|83,051|121,052|145,780|
|Centre for Youth and||||||||
|Community
Development|||27,618|||27,618|89,052|
|Bangladesh
After School||||||||
|Educational
Support Service
Little Stars Pre-School
BYLLuncheon
Clubs|||2,182
994||2,869
131,$40|2,869
134,022
994|100,984|
|Access Disability Project|||8,881||70,664|79,545|73,671|
|Rising Stars Play Scheme
BBOSupport into Employment|||1,647||37,973
41,767|37,973
43,414|32,470
19,683|
|Luton Digital Skills and||||||||
|Employment
Project||||||||
||||8,531||155,809|164,340|38,169|
|Total|||73,653|18,444|524,241|616,338|504,407|
|Net gains on investments||||5 560||5,560|8,097|
|NET||||||||
|INCOME/(EXPENDITURE)|||44,927|(12,884)|47,001|79,044|100,054|
##
##
||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted||||
|||||Unrestricted|funds-|Restricted|Total|Total|
||||Notes|fund|Designated|fund|fundsI|funds|
|RECONCILIATION||OF|||||||
|FUNDS|||||||||
|Total funds brought|forward|||81,115|764,706|184,030|1,029,851|929,796|
|TOTAL FUNDS CARRIED|||||||||
|FORWARD||||126,042|751 822|231,031|1,108895|1,029,850|
##
|FIXEDASSETS|Notes|2022
6|2021|
|---|---|---|---|
|Tangible assets
Investment
properly|12
13|807,391
283,561|788,559
278,001|
|||1,090,952|1,066,560|
|CURRENT ASSETS||||
|Debtors
Cash at bank and in hand|14|56,624
227 639|14,131
234833|
|||284,263|248,964|
|CREDITORS||||
|Amounts
falling due within one year|15|(116,338)|(119,237)|
|NET CURRENT ASSETS||||
|||167,925|129,727|
|TOTAL ASSETSLESSCURRENT||||
|LIABILITIES||||
|||1,258,877|1,196,287|
|CREDITORS||||
|Amounts
falling due atter more than one year|16|(149,981)|(166,436)|
|NKT ASSETS||||
|||1,108896|1,029,851|
|FUNDS|20|||
|Unrestricted
funds:||||
|General fund||||
|Designated
Fund - Property||126,042
751,823|81,115
764,706|
|||877,865|845,821|
|Restricted funds||||
|||231,031|184,030|
|TOTAL FUNDS||||
|||1,108,896|1 029,851|
##
|||BA|NGL|ADESH YOUTH LEAGUE (LUTON)|ADESH YOUTH LEAGUE (LUTON)||
|---|---|---|---|---|---|---|
|||||CASH FLOW STATEMENT|||
||||for|the Year Ended 31MARCH 2022|||
|||||Notes|2022f|2021|
|Cash flows from operating||activities|||||
|Cash generated
from operations
Interest paid|||||48,744
~4511|187,946
~4,598)|
|Net cash provided
by operating
activities|||||44,233|183,348|
|Cash flows from investing||activities|||||
|Purchase oftangible
fixed|assets||||51,427|~12,125)|
|Net cash used in investing|activities||||~51,427)|~12,125)|
|Change in cash and cash|equivalents||in||||
|tbe reporting
period
Cash and cash equivalents||at the|||(7,194)|171,223|
|beginning
ofthe reporting||period|||234,833|63,610|
|Cash and cash equivalents||at the end|of||||
|the reporting
period|||||227,639|234,833|
##
##
|ACTIVITIES||CASH FLOW FROM|OPERATING||
|---|---|---|---|---|
|Net income for the
Activities)
Adjustments
for:|reporting|period (as per the Statement ofFinancial|2022
f
79,045|2021f
100,055|
|Depreciation
charges
Gain on investments|||32,220|31,727|
|Loss on disposal of
Interest paid
(Increase)/decrease
(Decrease)/increase|fixed assets
in debtors
in creditors||(5,560)
375
4,511
(42,493)
~19,354|(8,097)
4,598
54,624
5,039|
|Net cash provided|by operations||48,744|187,946|
##
##
||||At 1.4.21|Cash tlow|At 31.3.22|
|---|---|---|---|---|---|
|Net cash|||||f|
|Cash at bank and in hand|||234,833|~7,194)|227,639|
||||234,833|~7194)|227,639|
|Debt||||||
|Debts falling due within
Debts falling due atter|1|1 year
year|(15,820)
(166,436)|12
16,455|(15,808)
(149,981)|
||||~182256)|16,467|~165,789)|
|Total|||52,577|9,273|61 850|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||Bangladesh|||
|---|---|---|---|---|---|---|---|
|||||Centre|After|||
|||||for Youth|School|||
|Management
fees
Room letting
Grants
Nursery
fees|||Bangladesh
Youth
League
6
127,112|and
Community
Development
I
19,865
47,601|Educational
Support
Service
I
5,000|Little
Stars
Pre-School|Access
Disability
project
70,664|
|Sundry||||1,003|1,350|127,030||
||||127,112|68,469|6,350|127,030|70,664|
|||||||2022|2021|
||||||Luton|||
||||Rising|BBO|Digital
Skills|||
||||Stars|Support|slid|||
||||Play
Scheme|into
Employment|Employment
project|Total
activities|Total
activities|
|Management||fees||||6||
|Room letting||||||19,865|55,020|
|Grants
Nursery|fees||43,859|41,767|155,810|47,601
444,212|38,636
241,338|
|Sundry||||||127,030|129,590|
|||||||2,353||
||||43,859|41,767|155,810|641,061|464,584|
|OTHER|INCOME|||||||
|Bank interest||||||2022f|2021|
|Job Retention||Scheme||||14|15|
|||||||26,947|111,782|
|||||||26,961|111,797|
##
##
##
##
||5.|INVESTMENT MANAG|EMENT
COSTS||||
|---|---|---|---|---|---|---|
|||Investment
management|costs||||
|||Interest payable
and similar|charges||2022
f
4,511|2021
4,598|
||6.|CHARITABLE ACTIVITIES COSTS|||||
||||||Support||
|||||Direct|costs (see||
|||Bangladesh
Youth League
Centre for Youth and Community||Costs
8
116,702|note 7)
4,350|Totals
121,052|
|||Development
Bangladesh
Atter School Educational||27,618||27,618|
|||Support Service
Little Stars Pre-School
BYLLuncheon
Clubs
Access Disability Project
Rising Stars Play Scheme
BBOSupport into Employment
Luton Digital Skills and Employment
Project||2,869
134,022
994
79,545
37,973
43,414||2,869
134,022
994
79,545
37,973
43,414|
|||||164,340||164,340|
|||||607,477|4,350|611,827|
|||SUPPORT COSTS|||||
|||||||Governance|
|||||||costs|
|||Bangladesh
Youth League|||||
|||||||4,350|
##
##
##
##
##
##
##
||||||2022|2021|
|---|---|---|---|---|---|---|
|Wages|||||||
|Social security|||||251,227|221,282|
|Pensions|||||13,462|14,604|
|Other staffcosts|||||11,316
29 962|3,698
3874|
||||||305,967|243,458|
|The average monthly||number ofemployees|during|the year was as follows:|||
|Charitable|activities||||2022|2021|
||||||17|15|
|No employees
received emoluments|in excess of$60,000.|in excess of$60,000.||||
|---|---|---|---|---|---|
|COMPARATIVES FOR THE STATEMENT OF FINANCIAL|||ACTIVITIES|||
||||Unrestricted|||
|INCOME AND ENDOWMENTS
Charitable
activities|FROM|Unrestricted
fund
f|funds-
Designated|Restricted
fund|Total
funds|
|Bangladesh
Youth League
Centre for Youth and Community||5,274||82,751|88,025|
|Development
Little Stars Pre-School||88,382||26,510|114,892|
|Access Disability Project||||103,761|103,761|
|Rising Stars Play Scheme
BBOSupport into Employment||||69,317
34,517|69,317
34,517|
|Luton Digital Skills and Employment|Project|||15,903|15,903|
|||||38,169|38,169|
|Investment
income
Otherincome||19,983
111,797|||19,983
111,797|
|Total||||||
|||225,436||370,928|596,364|
|EXPENDITURE ON||||||
|Investment
management
costs
Charitable
activities||1,665||2,933|4,598|
|Bangladesh
Youth League
Centre for Youth and Community||40,485|16,535|88,760|145,780|
|Development
Little Stars Pre-School
Access Disability Project
Rising Stars Play Scheme
BBOSupport into Employment
Luton Digital Skills and Employment|Project|62,542
25,829
10,306
3,780||26,510
75,155
63,365
32,470
15,903|89,052
100,984
73,671
32,470
19,683|
|||||38,169|38,169|
|Total||||||
|||144,607|16,535|343,265|504,407|
##
##
##
||||NOTES TO THE FINANCIAL STATEME
for the Year Ended 31MARCH|NOTES TO THE FINANCIAL STATEME
for the Year Ended 31MARCH|NTS -continued
2022|NTS -continued
2022||
|---|---|---|---|---|---|---|---|
||COMPARATIVES||FOR THE STATEMENT OFFINANCIAL||ACTIVITIES -continued|||
||||||Unrestricted|||
||||||funds-|Restricted|Total|
||||||Designated|fund|funds|
|||||||f|f|
||Net gains on investments||||8,097||8,097|
||NET INCOME/(EXPENDITURE)|||80,829|(8,438)|27,663|100,054|
||RECONCILIATION||OF FUNDS|||||
||Total funds brought|forward||286|773,143|156,367|929,796|
||TOTAL FUNDS CARRIED FORWARD|||81,115|764,705|184,030|1,029,850|
|12.|TANGIBLE FIXED||ASSETS|||||
|||||Fixtures||||
||COST||Freehold
property
f|and
fittings|Motor
vehicles|Computer
equipment
f|Totals
f|
||At I April 2021
Additions
Disposals||1,118,322
32,651|142,893
7,034
~1,144)|50,310|54,773
11,742
~1,386)|1,366,298
51,427
~2,530)|
||At 31March 2022||1,150,973|148,783|50310|65,129|1,415,195|
||DEPRECIATION|||||||
||At
1 April 2021
Charge for year
Eliminated
on disposal||346,081
23,019|140,015
3,129
~1,056)|50,310|41,333
6,072
~1,099)|577,739
32,220
~2155)|
||At 31March 2022||369,100|142,088|50,310|46,306|607,804|
||NKT BOOK VALUE|||||||
||At 31March 2022||781,873|6,695||18,823|807,391|
||At 31March 2021||772,241|2,878|-|13,440|788,559|
##
|for the Year Ended 31MA
INVESTMENT PROPERTY|
RCH 2022|
|---|---|
|FAIR VALUE||
|At I April 2021||
|Revaluation|278,001|
||5,560|
|At 31March 2022||
||283 561|
|NET BOOK VALUE||
|At 31March 2022||
||283,561|
|At 31March 2021||
||278,001|
##
##
|Within one year|Within one year|Within one year||2022
f|2021
f,|
|---|---|---|---|---|---|
|Between one and five years||||11,000
60000|23,000
60000|
|||||71,000|83,000|
|Fair value|at|31 March 2022 is represented|by:|||
|Valuation|in|2022||||
||||||283,561|
|DEBTORS:||AMOUNTS FALLING DUE|WITHIN ONE YEAR|||
|Receivables||||2022
f|2021
f.|
|Other debtors||||50,782|955|
|Prepayments||and accrued income||4,285|5,272|
|||||1,557|7904|
|||||56,624|14,131|
##
##
||STATEMENTS -
for the Year Ended 31MARCH 2022|STATEMENTS -
for the Year Ended 31MARCH 2022|continued||
|---|---|---|---|---|
|15.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||
||||2022|2021|
||Bank loans and overdrafts
Payables|(see note 17)|15,808|15,820|
||Other creditors||63,073|41,522|
||Grants payable||23,018|28,265|
||Accruals and deferred income||1,590|1,590|
||||12849|32,040|
||||116338|119,237|
|16.|CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR||||
||||2022|2021|
||Bank loans (see note 17)||||
||||149,981|166,436|
|17.|LOANS||||
||An analysis ofthe maturity|ofloans is given below:|||
||Amounts
falling due within
Bank loans|one year on demand:|2022
f|2021
I,|
||||15808|15,820|
||Amounts
falling due between two and five years;
Bank loans -2-5 years||||
||||88,669|88,669|
||Amounts
falling due in more|than five years;|||
||Repayable
by instalments:||||
||Bank loans &5years||||
|18.|SECURED DEBTS||61,312|77,767|
||The following
secured debts are included
within creditors:||||
||||2022|2021|
|Bank loans|||||
||||165,789|182,256|
|Land at 108Leagrave Road is held as security over the mortgage.|||||
##
##
##
|ANALYSIS O|FNET ASSE|TSBETWEEN|FUNDS||||
|---|---|---|---|---|---|---|
||||Unrestricted||2022|2021|
|Fixed assets
Investments
Current assets
Current
liabilities
Long term liabilities||Unrestricted
fund
65,482
165,842
(105,282)|funds-
Designated
540,679
283,561
87,029
(9,465)
~149,981)|Restricted
fund
6
201,230
31,392
(1,591)|Total
funds
f
807,391
283,561
284,263
(116,338)
~149,981)|Total
funds
788,559
278,001
248,964
(119,237)
~166,436)|
|||126,042|751,823|231,031|1 108,896|1,029851|
|MOVKMKNT|IN FUNDS||||||
||||||Net||
|||||At 1.4.21|movement
in funds|At
31.3.22|
|Unrestricted
funds||||||f|
|General
fund|||||||
|Designated
Fund|- Property|||81,115
764,706|44,927
~12,884)|126,042
751,822|
|Restricted funds||||845,821|32,043|877,864|
|Restricted
fund|||||||
|||||184,030|47,001|231,031|
|TOTAL FUNDS|||||||
|||||1,029,851|79,044|1,108,895|
||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|
|Unrestricted
funds|resources
f|expended|losses|in funds
f|
|General
fund
Designated
Fund - Property|118,580|(73,653)
~18,444)|5,560|44,927
(12,884)|
|Restricted funds|118,580|(92,097)|5,560|32,043|
|Restricted
fund|571,242|(524,241)||47,001|
|TOTAL FUNDS|689,822|~616,338)|5,560|79,044|
##
##
##
##
|||||Net||
|---|---|---|---|---|---|
||||At 1.4.20|movement
in funds|At
31.3.21|
|Unrestricted||funds||||
|General fund||||||
|Designated|Fund - Property||286
773,143|80,828
~8,437)|81,114
764,706|
|Restricted|funds||773,429|72,391|845,820|
|Restricted|fund|||||
||||156,367|27,663|184,030|
|TOTAL FUNDS||||||
||||929,796|100,054|1,029,850|
|omparave
net movement
in funds, i|ncluded
in the above are|as follows:|||
|---|---|---|---|---|
|Unrestricted
funds|Incoming
resources|Resources
expended
6|Gains and
losses
6|Movement
in funds|
|General
fund|||||
|Designated
Fund - Property|225,436|(144,608)
~16,534)|8,097|80,828
~8,437)|
|Restricted funds|225,436|(161,142)|8,097|72,391|
|Restricted
fund|370,928|(343,265)||27,663|
|TOTAL FUNDS|596,364|||100,054|
|||||Net||
|---|---|---|---|---|---|
||||At 1.4.20|movement
in funds|At
31.3.22|
|Unrestricted
funds||||||
|General|fund|||||
|Designated||Fund - Property|286
773,143|125,755
~2L321)|126,041
751,822|
|Restricted
Restricted||funds
fund|773,429|104,434|877,863|
||||156,367|74,664|231,031|
|TOTAL|FUNDS|||||
||||929,796|179,098|1,108,894|
##
##
|||Incoming
Resources
Gains and
Movement|Incoming
Resources
Gains and
Movement|
|---|---|---|---|
|||resources
expended
losses
in funds||
|Unrestricted
funds||||
|General fund
Designated
Fund - Property||344,016
(218,261)
125,755
~34,978)
13,657
~21,321)||
|Restricted
funds||344,016
(253,239)
13,657
104,434||
|Restricted
fund||942,170
(867,506)
74,664||
|TOTAL FUNDS||1,286,186
(1,120,745)
13,657
179,098||
|Restricted
fund|Project|Balance at|Remarks|
|||31March||
|Luton Borough Council
Steel Charitable
Trust|BYL
BYL|2022 (8)
6,077
3,585|The restricted
underspent
will be spent during
2022-2023.
The restricted
underspent
will be spent during
2022-2023.|
|Luton Borough Council|BASESS|2,132|The restricted
underspent
will be spent during
2022-2023.|
|Luton Borough Council|LUNCHEON|3,601|This was spent on capital item in year
2016-17.This will be released to SOFA as the|
|Bedfordshire
dr Luton
Community
Foundation|LUNCHEON|849|asset is depreciated.
This was spent on capital item in year
2016-17.This will be released to SOFA as the|
|Autism Bedfordshire|ADP|47,326|asset is depreciated.
This reserve
includes
capital expenditure
which has been spent in year 2014-15and
2013-14.This items will be released to the|
|Nursery
Education
Funding
(NEF)/Two
Year Funding|Little Stars
Pre-school|106,789|SOFA as the assets is depreciated.
This reserve also includes $4,566 which has
already spent on Building
works in year
2014-2015and 6102,223 was spent on capital
items in year 2013-14.This will be released to|
|Luton Borough Council
BBCChild in Need|Little Stars
Pre-school
Rising Stars|10,452
7,932|SOFA as the asset is depreciated.
The
underspent
will be spent during
2022-2023 financial year.
The
underspent
will be spent during
2022-2023 financial year.|
|DCMS Youth|||This reserve includes capital expenditure
incurred
in the year 2021-2022.Cost will be|
|Investment
Fund|BYL|42,288|released to the SOFA as the assets are
depreciated|
|||231,031||
##
##
##
##
##
|Restricted Fund|||Project|Income
2022|
|---|---|---|---|---|
|Bedfordshire
A Luton Community
Foundation
Luton Borough Council
Bedfordshire
PCC
Active Luton
Steel Charitable
Trust
Luton Borough Council
Luton Borough Council
Autism Bedfordshire
Nursery
Education
Funding
Luton Borough Council
Skills Funding
Agency - Modern Apprenticeship
European
Social Funding
BBCChildren
In Need
DCMS Youth Investment
Fund||Grants|BYL
BYL
BYL
BYL
BYL
BASESS
BBO
ADP
Little Stars Pre-School
Little Stars Pre-School
Little Stars Pre-School
Luton Digital Skills tk
Employment
Project
Rising Stars
BYL|6
36,116
10,913
1,500
27,950
4,700
5,000
41,766
70,663
118,030
6,000
3,000
155,810
43,859
45,934|
|||||571,241|