Eyres Monsell Club for Young People ## **UNAUDITED FINANCIAL STATEMENTS For the year to 31 March 2022** **Charity Reg No 1113619** 1 **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)| |---|---| 2 ## **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 3 ## **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 4 ## **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 5 ## **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: 6 ## **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_| 7 ## **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 8 ## **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 9 ## **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| 10 ## **Eyres Monsell Club for Young People Financial Statements for the year to 31 March 2022 Notes to the Financial Statements** |**3**
**Charitable Activities**
Unrestricted Restricted
Thelma's Café
886
-
Hall Hire
1,773
-
Sundry Income
17,426
26
Membership
971
-
**21,056**
**26**
**4**
**Fixed Assets**
£
£
Buildings
Vehicles
Unrestricted Restricted
Unrestricted Restricted
Net Book value b/f
-
-
-
-
Additions
-
81,208
Depreciation
-
-
-
-
**Net Book value c/f**
**-**
**81,208**
**-**
**-**
**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|£
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_| 11 **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 12