2022-03-31-accounts - Eyres Monsell Club For Young People

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Eyres Monsell Club for Young People

UNAUDITED FINANCIAL STATEMENTS For the year to 31 March 2022

Charity Reg No 1113619

Eyres Monsell Club for Young People Financial Statements for the year to 31 March 2022 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)

Eyres Monsell Club for Young People Financial Statements for the year to 31 March 2022 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

Eyres Monsell Club for Young People Financial Statements for the year to 31 March 2022 Trustees' Report (1)

The Trustees, have pleasure in presenting their report and financial statements for the year ended 31 March 2022. 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 Surplus of Income over Expenditure of £146,670 (2021 £77,052) for the year.

The Trustees are satisfied that the club has adequate resources to continue operating as a 'Going Concern' for the forseeable future.

During the year the Charity continued to receive support during COVID closure. £3,667 was received under the COVID Job Retention Scheme and Local Support Grants of £12,000 were also awarded.

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

Eyres Monsell Club for Young People Financial Statements for the year to 31 March 2022 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

select suitable accounting policies and apply them consistently
make reasonable and prudent judgements and estimates
state whether applicable accounting standards have been
followed, subject to any material departures disclosed and explained in the financial statements
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business
observe the methods and principles in the Charities SORP

The Trustees are also responsible for:

keeping proper accounting records
safeguarding the companys' assets
taking reasonable steps for the prevention of fraud

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

David Springett Chairman Graham Pote Treasurer

Eyres Monsell Club for Young People Financial Statements for the year to 31 March 2022 Independent Examiners Report

Independent Examiners Report to the Trustees

I report on the accounts of the company for the year ended 31 March 2022 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
state whether particular matters have come to my attention

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

1 which gives me reasonable cause to believe that in any material respect the requirements
a to keep accounting records in accordance with s386 of the Companies Act 2006, and
b to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006, and with the method and principles of the Statement of Recommended Practice : Accounting and Reporting by Charities have not been met, or
2 to which in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached

Mr Andrew Pearson

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

Date:

Eyres Monsell Club for Young People Financial Statements for the year to 31 March 2022

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 Advertising & 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 Prior Year Adjustment Net movements for the year Accumulated Reserves b/f Accumulated Reserves c/f	£ £ £ £ Unrestricted Restricted Total Total Funds Funds 2022 2021
	34,953 330,322 365,275 226,782 21,056 26 21,082 10,043 - - - -
	56,009 330,348 386,357 236,825
	10,280 41,226 51,506 41,422 4,938 - 4,938 1,184 2,161 3,180 5,341 2,257
	17,379 44,406 61,785 44,863
	2,087 115,225 117,312 76,247 379 2,323 2,702 4,145 534 3,049 3,583 3,552 - 2,667 2,667 3,246 859 1,978 2,837 8,550 - 1,567 1,567 1,618 7,518 20,982 28,500 3,059 - 6,969 6,969 6,374 240 - 240 240 1,560 7,975 9,535 5,973 - 310 310 346
	13,177 163,045 176,222 113,350
	280 1,400 1,680 1,560
	30,836 208,851 239,687 159,773
	25,173 121,497 146,670 77,052 9,307 (9,307) - - 164 - 164 -
	34,644 112,190 146,834 77,052 57,706 52,149 109,855 32,803
	92,350 164,339 256,689 109,855

Eyres Monsell Club for Young People (Charity Registered No 1113619) Financial Statements for the year to 31 March 2022 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 2022 2021
	- 81,208 81,208 -
	- - - - 33,755 - 33,755 50 57,595 83,131 140,726 109,805
	91,350 83,131 174,481 109,855 - - - -
	91,350 83,131 174,481 109,855

	91,350 164,339 255,689 109,855
	- - - - 91,350 - 91,350 90,722 - 164,339 164,339 19,133
	91,350 164,339 256,689 109,855

Approved by the Trustees on and signed on its behalf by: David Springett Chairman Graham Pote Treasurer

Eyres Monsell Club for Young People Financial Statements for the year to 31 March 2022 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 £146,670 for the year ended 31 March 2022. 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

Eyres Monsell Club for Young People Financial Statements for the year to 31 March 2022 Notes to the Financial Statements

2 Grants and Donations

During the year the charity received the following voluntary income

Reaching Communities Lottery Community Fund - MMM Children In Need Garfield Weston Henry Smith NHS - Mental Health PCC Awards for All Bounceback Community Foundation Community Shop Leicester in the Community Leicester & Rutland Sport RC - Covid 19 Local Grants /Covid CJRS Furlough Reaching People - Holiday Hunger New Gym - Sport England - Space hive - Samworth Fund Youth Investment Action Homeless Prevent Feeding Britain Other Grants & Donations Total	£ £ Unrestricted Restricted - - 102,043 - 9,800 - - 32,000 - 28,248 - - - 7,400 - - 2,552 - - 1,500 - - - 12,000 - 3,337 - - 81,144 - 3,339 - 10,000 - 19,300 - 6,500 - 6,105 - 5,080 34,927 - 34,927 330,348	£ Total 2022	Total 2021
		- 102,043 9,800 - 32,000 28,248 - 7,400 - 2,552 - 1,500 - - 12,000 3,337 - 81,144 3,339 10,000 19,300 6,500 6,105 5,080 34,927 365,275	40,752 10,000 15,000 - - - 7,692 8,000 15,356 5,580 - 1,407 63,863 19,918 12,573 11,790 13,146 - - - - - - 1,705
			226,782

Eyres Monsell Club for Young People Financial Statements for the year to 31 March 2022 Notes to the Financial Statements

£ Buildings Unrestricted Restricted - - - 81,208 - -	Unrestricted Restricted 886 - 1,773 - 17,426 26 971 -	2022 2021 £ £ 886 2,389 1,773 990 17,452 5,869 971 795 -
	21,056 26	21,082 10,043
	£ Vehicles Unrestricted Restricted - - - -	£ Total Unrestricted Restricted - - - 81,208 - -
- 81,208	- -	- 81,208
		2022 2021 9 9 £ £ 117,312 76,247
		117,312 76,247
		2022 2021 £ £ Nil Nil £ £ 1,680 1,560

Eyres Monsell Club for Young People Financial Statements for the year to 31 March 2022 Notes to the Financial Statements

2022

2021

8 Creditors : amounts falling due within one year

Accruals

-	-
-	-

9 Analysis of Funds

Restricted Funds - Cash Lottery Community Fund - MMM Children In Need Garfield Weston Henry Smith NHS - Mental Health PCC Awards for All Community Foundation Community Shop Leicester in the Community LCC Local Grants CJRS Furlough Reaching People - Holiday Hunger New Gym - Sport England - Space hive - Samworth Fund Youth Investment Action Homeless Prevent Feeding Britain Balance Sheet Fixed Assets Current Assets Current Liabilities Total	Balance B/F - 2,963 15,163 - - 8,630 9,455 - 6,629 - - - 9,309 - - - - - - -	Income Expenditure Assets Transfers Balance C/F 102,043 (110,084) 8,041 - 9,800 (16,976) 4,213 - - (15,163) - 32,000 (23,077) 8,923 28,248 - 28,248 - (8,630) - 7,400 (2,405) 14,450 2,552 (1,770) 782 - (6,629) - 1,500 (1,529) 29 - 12,000 (12,000) - 3,337 (3,337) - - (7,865) 1,444 81,144 - (81,208) 64 - 3,339 (340) 12,000 14,999 10,000 - 10,000 19,300 (19,733) 433 - 6,500 (6,193) (307) - 6,105 (6,117) 12 - 5,080 (795) 4,285 -
	52,149	330,348 (208,851) (81,208) (9,307) 83,131
		- - Designated Unrestricted Restricted Total - - 81,208 81,208 - 91,350 83,131 174,481 - - - -
		- 91,350 164,339 255,689

10 Transactions with Trustees & Related Parties

There were no transactions with related parties during the year