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2021-03-31-accounts

Eyres Monsell Club for Young People

UNAUDITED FINANCIAL STATEMENTS For the year to 31 March 2021

Charity Reg No 1113619

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Eyres Monsell Club for Young People Financial Statements for the year to 31 March 2021 Contents

Page 3
Page
Page 4/5
Page 6
Page 7
Page 8
Page 9
Page 10
Page 11
Page 12		 Company Information
Contents
Directors Trustees' Report
Independent Examiners Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements - Accounting Policies
Notes to the Financial Statements (Continued)
Notes to the Financial Statements (Continued)
Notes to the Financial Statements (Continued)

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Eyres Monsell Club for Young People Financial Statements for the year to 31 March 2021 Company Information

Trustees & Officers

Dave Springett Chairman Graham Pote Treasurer Louise Kaufman CEO Adrian Key Naomi Penn

Address 170 Whitteney Drive South Eyres Monsell Leicester LE2 9AQ

Independent Examiner Exec Practice Ltd 87 Main Street New town Linford Leicestershire LE6 0AF

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Eyres Monsell Club for Young People Financial Statements for the year to 31 March 2021 Trustees' Report (1)

The Trustees, have pleasure in presenting their report and financial statements for the year ended 31 March 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ''Accounting and Reporting by Charities'' FRS 102) in preparing the annual report and financial statements of the charity.

Constitution

Eyres Monsell CYP is governed by its Governing Document as follows.

Objectives & Policies of the Charity

I) THE AIM OF THE CLUB WILL BE TO HELP EDUCATE YOUNG PEOPLE THROUGH THEIR LEISURE TIME ACTIVITIES SO TO DEVELOP THEIR PHYSICAL, MENTAL AND SPIRITUAL CAPACITIES THAT THEY MAY GROW TO FULL MATURITY AS INDIVIDUALS AND MEMBERS OF SOCIETY.

II) TO ADVANCE EDUCATION AND TO PROVIDE FACILITIES IN THE INTEREST OF SOCIAL WELFARE FOR RECREATION AND LEISURE TIME OCCUPATION WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE FOR THE INHABITANTS OF EYRIE'S MONSELL AND THE SURROUNDING AREA.

III) TO ESTABLISH, MAINTAIN AND MANAGE A YOUTH RESOURCE CENTRE.

Directors & Trustees

Directors who have held office are also Trustees of the charity as follows

Graham Potes (Chairman) David Springett (Treasurer)

Subject to appointments at the Annual General Meeting the Trustees shall appoint the CEO, members and committees to control of the affairs of the Club and may delegate any part of its duties to such persons or committees.

Achievements Performance & Financial Review

The charity reported a Surplusof Income over Expenditure of £77,051 (2020 £2,565) for the year. The Trustees are satisfied that the club has adequate resources to continue operating as a 'Going Concern' for the forseeable future.

The main activities and achievements of the organisation in the year were:

The provision of Youth Club facilities to young people of Eyres Monsell Thelma's Café a local community facility bringing the Community together Training of Apprentice Youth Leaders Support for Emotional Wellbeing Groups

Continued growth in membership and networking meetings

Eyres Monsell CYP provides further information regarding the clubs activities on the organisations website and are reported in its monthly newsletters.

A copy of the Chairmans Annual Report can also be found on the Charities Website

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Eyres Monsell Club for Young People Financial Statements for the year to 31 March 2021 Directors Trustees' Report (2)

Reserves Policy

The Reserve Policy agreed by the Committee is to maintain Unrestricted Funds in the form of bank deposits.

Public Interest

The Trustees' aims to ensure management systems are in place to ensure that correct procedures are maintained for the safe operation of activities throughout the club. Activities are planned which provide broad interest for all club members in the locality of the club

The Committees' 'Quality Assurance' sub committee is committed to raise standards and safeguard young people. As part of this review, management systems are in place to ensure that correct procedures are maintained for the safe operation of activities throughout the Association.

The Trustees have due regard for the Charity Commissions published guidance on public benefit which the charity references in all of its activities and incorporates into its policies wherever possible.

Statement of Trustees Responsibilities

The Trustees are required as a charity and under the Charities Act 2011 to prepare financial statements for each financial year which give a true and fair view of the affairs of the company and disclose the net income or expenditure of the charity for that period and

The Trustees are also responsible for:

Approved by the Trustees on ………………………………… And signed on its behalf by:

David Springett Chairman Graham Pote Treasurer

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Eyres Monsell Club for Young People Financial Statements for the year to 31 March 2021 Independent Examiners Report

Independent Examiners Report to the Trustees

I report on the accounts of the company for the year ended 31 March 2021 which which are set out on pages 5 to 9

Respective responsibilities of Trustees and Examiner

The trustees' (who are also directors of the company for company law) are reponsible for the preparation of the accounts. The Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011(the 2011 Act). and that an independent examination is needed. I am qualified to undertake the independent examination, by being a qualified member of ACCA.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

• examine the accounts under section 145 of the 2011 Act;

• follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and

Basis of Independent Examination

My examination was carried out in accordance with the directions given by the Charity Commissioners. An examination includes review of accounting records kept by the charity and comparison of the accounts presented with those records. It also includes consideration of the any unusual items or disclosures in the accounts and seeking explanations from Director Trustees on any such matters. The procedures undertaken do not provide all the evidence that would be required for 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

Independent Examiners Statement

In connection with my examination, no matter has come to my attention

Mr Andrew Pearson

Exec Practice Ltd 87 Main Street Newtown Linford Leicestershire LE6 0AF

Date:

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Eyres Monsell Club for Young People Financial Statements for the year to 31 March 2021

Statement of Financial Activities including Summary of Income & Expenditure Account

Note
Incoming Resources
Grants & Donations
2
Charitable Activities
3
Investment Income
Total Income
Resources expended
Raising Funds
Activities
Thelma's Café
Travel Costs
Total
Charitable Activities
Staff Costs
Volunteer Exps
Training
Waste & Recycling
Small Equipment
Insurance
Repairs & Maintenance
Light & Heat
Affiliation
Office Telephone & Stationery
Rent & Rates
Total
Other Costs
Independent Examination
8
Total Expenditure
Net Income/(Expenditure) for the Year
Reallocations for restrictions removed
Net movements for the year
Accumulated Reserves b/f
Accumulated Reserves c/f		 £
£
£
£
Unrestricted
Restricted
Total
Total
Funds
Funds
2021
2020
9,481
217,301
226,782
127,770
4,797
5,246
10,043
16,113
-
-
-
-
14,278
222,547
236,825
143,883
-
41,422
41,422
20,803
108
1,076
1,184
11,630
1,245
1,012
2,257
2,019
1,353
43,510
44,863
34,452
-
76,247
76,247
78,462
66
4,079
4,145
2,770
-
3,552
3,552
899
-
3,246
3,246
2,167
-
8,550
8,550
2,279
-
1,618
1,618
1,190
2,071
988
3,059
4,296
-
6,374
6,374
5,836
240
-
240
240
658
5,315
5,973
7,303
-
346
346
-
3,035
110,315
113,350
105,442
-
1,560
1,560
1,560
4,388
155,385
159,773
141,454
9,890
67,162
77,052
2,429
26,719
(26,719)
-
136
36,609
40,443
77,052
2,565
13,670
19,133
32,803
30,238
50,279
59,576
109,855
32,803

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Eyres Monsell Club for Young People (Charity Registered No 1113619) Financial Statements for the year to 31 March 2021 Balance Sheet

Note
Assets
Fixed Assets
4
Current Assets
Stock
6
Debtors & Prepayments
Cash at Bank and in hand
Less Current Liabilities
Creditors less than one year
9
Net Current Assets
Total Assets less Current Liabilities
Reserves
Designated Funds
Unrestricted funds
Restricted funds
10
Total Reserves		 £
£
£
£
Unrestricted
Restricted
Total
Total
Funds
Funds
2021
2020
-
-
-
136
-
-
-
-
50
-
50
2,574
57,656
52,149
109,805
30,093
57,706
52,149
109,855
32,667
-
-
-
-
57,706
52,149
109,855
32,667
57,706
52,149
109,855
32,803
-
-
-
-
57,706
-
57,706
13,670
-
52,149
52,149
19,133
57,706
52,149
109,855
32,803

Approved by the Trustees on and signed on its behalf by:

David Springett Graham Pote

Chairman Treasurer

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Eyres Monsell Club for Young People Financial Statements for the year to 31 March 2021 Notes to the Financial Statements

1 Accounting Policies

1.1a Basis of preparation

The charity is a 'public benefit entity'. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: 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 (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)).

1.1b ) Preparation of the accounts on a going concern basis

The Charity reported a Surplus of £77,051 (2020 £2,565) for the year ended 31 March 2021. The trustees are of the view, that given the Charity's reserve position, and outlook of support for the next 12 months, that the charity is a going concern.

1.2 Resources Expended

Expenditure is accounted for on an accrual basis.

1.3 Donations and Voluntary Income

Donations and Voluntary Income are accounted for when received.

1.4 Grants Receivable

Grants for immediate expenditure are accounted for when they become receivable. Grants received for specific purposes are treated as restricted funds.

1.5 Grants Payable

Grants Payable are accounted for when they are paid.

1.6 Allocation of Costs & Fund Accounting

Costs have been allocated between charitable activity and governance costs Where items involve more than one fund they are apportioned between categories, and apportioned to fund based on the estimated expenditure of resource according to the nature of cost. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The aim and use of restricted funds is set out in the notes to the financial statements.

1.7 Fixed Assets and Depreciation

Fixed Assets for charity use are capitalised at cost, or valuation if donated. Depreciation is calculated to write off the assets. Less their estimated residual value, over their useful lives on the following basis:

FFE Depreciation 10 years straight line basis

Depreciation commences in the year after purchase or commissioning

9

Eyres Monsell Club for Young People Financial Statements for the year to 31 March 2021 Notes to the Financial Statements

2 Grants and Donations

During the year the charity received the following voluntary income

Reaching Communities
Children In Need
Garfield Weston
Leicester City Inclusion
PCC
Awards for All
Bounceback
Community Foundation
Community Shop
Leicester & Rutland Sport
RC - Covid 19
Covid 19 Project
Reaching People - Holiday Hunger
Sport England
Other Grants & Donations
Total		 £
£
Unrestricted
Restricted
-
40,752
-
10,000
-
15,000
-
-
-
-
-
7,692
-
8,000
-
15,356
-
5,580
-
1,407
-
63,863
-
19,918
-
11,790
-
13,146
9,481
4,797
9,481
217,301		 £
Total
2021		 Total
2020
40,752
10,000
15,000
-
-
7,692
8,000
15,356
5,580
1,407
63,863
19,918
11,790
13,146
14,278
226,782		 67,438
10,000
10,000
17,595
8,630
-
7,300
-
-
-
-
-
-
-
6,807
127,770

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Eyres Monsell Club for Young People Financial Statements for the year to 31 March 2021 Notes to the Financial Statements

3
Charitable Activities
Restricted
Unrestricted
Thelma's Café
2,389
-
Hall Hire
-
990
Sundry Income
2,408
3,461
Membership
-
795
4,797
5,246
4
Fixed Assets
£
£
Equipment
Vehicles
Unrestricted Restricted
Unrestricted Restricted
Net Book value b/f
-
-
-
-
Additions
-
-
Depreciation
-
-
-
-
Net Book value c/f
-
-
-
-
5
Staff costs
Number of staff:
The average number of paid part-time
employees during the year were:
Staff costs:
Staff Costs
No employee received remuneration amounting to more than £60,000 in either year.
6
Stocks
Stocks are valued at the lower of cost or market value
7
Independent Examiners Fees
Fees for independent examination		 £
Equipment
Unrestricted Restricted
-
-
-
-
-
-		 Restricted
Unrestricted
2,389
-
-
990
2,408
3,461
-
795		 2021
2020
£
£
2,389
9,593
990
1,706
5,869
3,474
795
1,340
4,797
5,246		 10,043
16,113
£
Vehicles
Unrestricted Restricted
-
-
-
-		 £
Total
Unrestricted Restricted
-
-
-
-
-
-
-
-		 -
-		 -
-
2021
2020
9
8
£
£
76,247
78,462
76,247
78,462
2021
2020
£
£
Nil
Nil
£
£
1,560
1,560

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Eyres Monsell Club for Young People Financial Statements for the year to 31 March 2021 Notes to the Financial Statements

Creditors : amounts falling due within one year
Accruals		 2021
2020
-
-
-
-

8 Creditors : amounts falling due within one year

9 Analysis of Funds

Restricted Funds - Cash
Reaching Communities
Children In Need
Garfield Weston
Leicester City Inclusion
PCC
Awards for All
Bounceback
Community Foundation
Community Shop
Community Café
Sugar Mummies
Leicester & Rutland Sport
RC - Covid 19
Covid 19 Project
Reaching People - Holiday Hunger
Sport England
Balance Sheet
Fixed Assets
Current Assets
Current Liabilities
Total		 Balance
B/F
2,532
1,800
1,433
-
8,630
-
4,738
-
-
-
-
-
-
-		 Income
Expenditure
Assets
Transfers
Balance
C/F
-
40,752
(40,836)
(2,448)
-
10,000
(8,837)
2,963
15,000
(1,270)
15,163
-
-
-
-
-
8,630
7,692
(7,890)
198
-
8,000
(3,283)
9,455
15,356
(15,376)
20
-
7,679
(1,050)
6,629
665
(146)
2,018
(356)
1,407
(1,405)
(2)
-
63,240
(50,271)
(12,969)
-
20,556
(9,038)
(11,518)
-
11,790
(2,481)
9,309
13,146
(13,146)
-
-
19,133 217,301
(155,385)
-
(26,719)
52,149
-
-
Designated
Unrestricted Restricted
Total
-
-
-
-
-
57,706
52,149
109,855
-
-
-
-
-
57,706
52,149
109,855

10 Transactions with Trustees & Related Parties

There were no transactions with related parties during the year

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