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2022-12-31-accounts

LISS YOUTH CENTRE LTD (operating as CROSSOVER)

Company No: 5660960 Charity No: 1113791 Accounting Period January – December 2022

  1. The Company was incorporated on the 22[nd of] December 2005 as a Private Company Limited by Guarantee and not having Share Capital. The Directors of the Company are also the Trustees of the Charity. This is the seventeenth annual report of Liss Youth Centre Limited (Crossover) prepared by the Trustees.

2.

2 Trustees

The following served as Directors/Trustees during the year 2022:

Benjamin Love (Chairman)

Elisabeth Mullenger Robert Buckingham (Treasurer) John de la Perrelle

Claire Kirby John Noe

Patricia Evans

There were no changes to the Trustees during this period. Liss Parish Council appoints a Councillor as observer to the Trustee Board, this position does not hold voting rights. Some Trustees are also volunteers at the sessions run for the young people and also assist with the Street Based Work.

3. Directors Report

2022 saw a year where the Centre was trying to get back to its pre Covid activities. A booking system is now in place to ensure numbers are kept to a safe level and to allow good Youth Work practice to take place.

The Trustees held regular meetings, to plan for the future, understand finances and to receive both written and verbal reports of all activities from staff.

The main projects currently underway are as follows.

Staffing is expensive and there are difficulties recruiting volunteers despite several recruitment campaigns.

4. Other Details

Company’s Registered Office: Howard Smith and Co, First Floor, Bellamy House, Winton Road, Petersfield, GU32 3HA

Postal address: The Old St Mary’s Church Hall, Station Road, Liss GU33 7AQ

5. Staff:

6. Financial Report

The finances are in good order and the year-end accounts for 2022 have been inspected and have been lodged with both Charities Commission and Companies House.

Agreed as a correct record of the organisation’s activities.

Date: 4[th] August/2023

Signed on behalf of the current directors:

……………………………………………….

Benjamin Love, Chairman

LISS YOUTH CENTRE LIMITED

Registered Number 05660960

Registered Number 05660960

LISS YOUTH CENTRE LIMITED

Micro Entity Accounts

31st December 2022

Registered Number 05660960

LISS YOUTH CENTRE LIMITED

Micro Entity Balance Sheet as at 31st December 2022

Fixed Assets
Fixed Assets
Current Assets
Investments (at Mid-Market Value)
Cash at bank and hand
Prepayments and accrued income
Current Assets
Current Liabilities
Deferred Income
Creditors: amounts falling due within one year
Net Current Assets
Total Net Assets
Reserves
Unreserved Fund Balance
2022
2021
-
£
-
£
67,395.00
£
76,153.00
£
77,711.00
£
88,791.00
£
2,680.00
£
1,514.00
£
147,786.00
£
166,458.00
£
(36,959.00)
£
(35,796.00)
£
(2,282.00)
£
(1,667.00)
£
108,545.00
£
128,995.00
£
108,545.00
£
128,995.00
£
108,545.00
£
128,995.00
£

Approved by the Board on: 11th September 2023

And signed on their behalf by: Robert Buckingham - Treasurer

LISS YOUTH CENTRE LIMITED Registered Number 05660960

Registered Number 05660960

LISS YOUTH CENTRE LIMITED

Notes to Micro Entity Balance Sheet at 31st December 2022

1 Accounting Policies

Basis of measurement and preparation of accounts

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2 Company limited by guarantee

The Company is limited by guarantee and consequently does not have share capital.

3 Long Term Lease Commitment

The Company operates in premises owned by Liss Parochial Church Council. The premises are leased for a period of 10 years to December 2025 subject to a break clause after 5 years.

LISS YOUTH CENTRE LIMITED

Annual Accounts Year Ended 31st December 2022

Section A
Statement of financial activities
Section A
Statement of financial activities
Section A
Statement of financial activities
Section A
Statement of financial activities
Unrestricted Restricted Total funds Prior year
funds income funds funds
Income (Note 2)
Income and endowments from:
Donations and legacies £ 48,145.00
£ 33,587.00
£ 81,732.00
£ 91,938.00
Charitable activities £ -
£ -
Other trading activities £ 1,314.00
£ 1,314.00
£ 499.00
Investments £ 2,058.00
£ 2,058.00
£ 1,960.00
Total £ 51,517.00
£ 33,587.00
£ 85,104.00
£ 94,397.00
Expenditure (Note 3)
Raising funds £ -
£ -
£ -
£ -
Charitable activities £ 63,209.00
£ 33,587.00
£ 96,796.00
£ 90,338.00
£ 63,209.00
£ 33,587.00
£ 96,796.00
£ 90,338.00
Net income/(expenditure) before
investment gains/(losses) £ (11,692.00)
£ -
£ (11,692.00)
£ 4,059.00
Net gains/(losses) on investments £ (8,758.00)
£ -
£ (8,758.00)
£ 9,497.00
Net income/(expenditure) £ (20,450.00)
£ -
£ (20,450.00)
£ 13,556.00
Transfers between funds £ -
£ -
£ -
£ -
Net movement in funds £ (20,450.00)
£ -
£ (20,450.00)
£ 13,556.00
Reconciliation of funds
Total funds brought forward £ 128,995.00
£ -
£ 128,995.00
£ 115,439.00
Total funds carried forward £ 108,545.00
£ -
£ 108,545.00
£ 128,995.00

LISS YOUTH CENTRE LIMITED

Annual Accounts Year Ended 31st December 2022

Section B
Balance Sheet
Unrestricted
Restricted
Total funds
funds
income funds
Current assets
Debtors
(Note 5)
2,680.00
£
2,680.00
£
Investments
(Note 1.3)
67,395.00
£
67,395.00
£
Cash at bank and cash in hand
(Note 7)
40,752.00
£
36,959.00
£
77,711.00
£
110,827.00
£
36,959.00
£
147,786.00
£
Creditors : amounts falling due within
one year
(Note 6)
2,282.00
£
36,959.00
£
39,241.00
£
Net current assets/(liabilities)
108,545.00
£
-
£
108,545.00
£
Total assets less current liabilities
108,545.00
£
-
£
108,545.00
£
Total net assets or liabilities
108,545.00
£
-
£
108,545.00
£
Funds of the Charity
Unrestricted funds
108,545.00
£
-
£
108,545.00
£
Total funds
108,545.00
£
-
£
108,545.00
£
Prior year
funds
1,514.00
£
76,153.00
£
88,791.00
£
166,458.00
£
37,463.00
£
128,995.00
£
128,995.00
£
128,995.00
£
128,995.00
£
128,995.00
£

LISS YOUTH CENTRE LIMITED

Annual Accounts Year Ended 31st December 2022

Section C Notes to the Accounts Note 1 Accounting Policies

as per last year

LISS YOUTH CENTRE LIMITED

Annual Accounts Year Ended 31st December 2022

Section C
Notes to the Accounts
Note 2
Income
Analysis of income
Donations and legacies:
Donations and gifts
Gift Aid
Legacies
Grants provided by government/
other charities
Less deferred
Donated goods
Other
Total
Other trading activities:
Café
Other
Total
Income from investments
Interest and dividend income
Other
Total
TOTAL INCOME
(cont.)
Unrestricted Restricted
Total funds
funds
income funds
17,652.00
£
17,652.00
£
4,003.00
£
4,003.00
£
-
£
-
£
26,734.00
£
33,587.00
£
60,321.00
£
(250.00)
£
(250.00)
£
-
£
6.00
£
6.00
£
48,145.00
£
33,587.00
£
81,732.00
£
632.00
£
632.00
£
682.00
£
682.00
£
1,314.00
£
-
£
1,314.00
£
2,058.00
£
2,058.00
£
2,058.00
£
-
£
2,058.00
£
51,517.00
£
33,587.00
£
85,104.00
£
Prior year
funds
25,154.00
£
3,509.00
£
-
£
63,275.00
£
-
£
-
£
91,938.00
£
221.00
£
278.00
£
499.00
£
1,960.00
£
-
£
1,960.00
£
94,397.00
£

LISS YOUTH CENTRE LIMITED

Annual Accounts Year Ended 31st December 2022

Section C
Notes to the Accounts
(cont.)
Note 3
Expenditure
Unrestricted Restricted
funds
income funds
Expenditure on charitable activities
Salaries - Centre Staff
43,934.00
£
21,252.00
£
Less HMRC Job Retention Scheme
Property costs
13,864.00
£
7,466.00
£
Other expenses
3,811.00
£
4,869.00
£
Café expenses
1,600.00
£
Total
63,209.00
£
33,587.00
£
Note 4
Paid employees
4.1 Staff costs
Salaries and wages
Social security costs
Pension costs (defined contribution pension plan)
Other employee benefits
Less HMRC Job Retention Scheme
Total staff costs
4.2 Average head count in the year
The parts of the charity in which the
employees work
Charitable activities
Note 5
Debtors and prepayments
Analysis of debtors
Trade debtors all due within 1 year
Prepayments and accrued income
Other debtors
(cont.)
Unrestricted Restricted
funds
income funds
43,934.00
£
21,252.00
£
13,864.00
£
7,466.00
£
3,811.00
£
4,869.00
£
1,600.00
£
Total funds
65,186.00
£
-
£
21,330.00
£
8,680.00
£
1,600.00
£
96,796.00
£
This year
63,230.00
£
1,956.00
£
65,186.00
£
7
7
828.00
£
1,852.00
£
-
£
2,680.00
£
Prior year
funds
65,178.00
£
(590.00)
£
21,153.00
£
3,538.00
£
1,059.00
£
63,209.00
£
33,587.00
£
90,338.00
£
Last year
63,880.00
£
-
£
1,298.00
£
-
£
(590.00)
£
64,588.00
£
7
7
840.00
£
674.00
£
-
£
1,514.00
£

LISS YOUTH CENTRE LIMITED

Annual Accounts Year Ended 31st December 2022

Section C Notes to the Accounts (cont.)

Note 6 Creditors and accruals

6.1 Analysis of creditors

Bank loans and overdrafts
Trade creditors
Accruals and deferred income
Deferred restricted income
Taxation and social security
Other creditors
Total
Amounts falling due
Amounts falling due after
within one year
more than one year
This year
Last year
This year
Last year
-
£
-
£
-
£
-
£
-
£
-
£
-
£
-
£
750.00
£
500.00
£
36,959.00
£
35,296.00
£
1,532.00
£
1,667.00
£
-
£
-
£
-
£
-
£
39,241.00
£
37,463.00
£
-
£
-
£

6.2 Deferred income

Apportionment of Grants received in March for a full calendar year

Movement in deferred income account
Balance at the start of the reporting period
Amounts added in current period
Amounts released to income
Balance at the end of the reporting period
Deferred restricted income
Balance at the start of the reporting period
Adjustment to 2020 expenditure (Level Up)
Income received from
Police and Crime Commissioner for detached work
Other Restricted Work
Geoff Herrington for Outings
Expenditure during the year
Outings
Other Restricted Work
Balance at the end of the reporting period
This year
500.00
£
10,666.00
£
(10,416.00)
£
750.00
£
This year
35,296.00
£
1,250.00
£
30,000.00
£
4,000.00
£
70,546.00
£
(4,869.00)
£
(28,718.00)
£
36,959.00
£
Last year
500.00
£
10,163.00
£
(10,163.00)
£
500.00
£
Last year
32,184.00
£
(3,870.00)
£
5,000.00
£
30,000.00
£
63,314.00
£
(550.00)
£
(27,468.00)
£
35,296.00
£

6.3 Deferred restricted income

LISS YOUTH CENTRE LIMITED

Annual Accounts Year Ended 31st December 2022

Section C
Notes to the Accounts
Note 7
Cash at bank and in hand
Short term deposits
Cash at bank and in hand
Other
(cont.)
This year
-
£
77,711.00
£
-
£
77,711.00
£
Last year
-
£
88,791.00
£
-
£
88,791.00
£

Note 8 Reserves Policy

The Financial Reserves Policy of the Charity helps to ensure that the Charity is able to maintain adequate reserves from the Unrestricted Funds to cover any reasonably foreseen contingency. The Reserve Funds are -

1 Continuity Fund

The regular donations received by the Charity from individuals and local organisations cover only about one-quarter of the Charity's expenditure with the balance of the income being provided by grants and donations. As these are not guaranteed the Trustees consider it prudent to maintain a reserve of some six months of expenditure

2 Maintenance Fund

This fund is to be used for major items of maintenance such as decorating and also for the replacement of technical equipment

3 Dissolution Fund

This fund provides for the dissolution should the Charity be unable to continue and it is only to be used in the event of the Trustees deciding the Charity should cease to exist. It will be used to pay notice periods and redundancies of staff etc until closure of the Charity.

4 Restricted Income Activities

The Charity is committed to contributing to the Street Based Work project as this is only partly funded by external organisations

LISS YOUTH CENTRE LIMITED

Annual Accounts Year Ended 31st December 2022

Section C
Notes to the Accounts
Note 8
Reserves Policy (cont.)
FUND
Continuity Fund
Maintenance Fund
Dissolution Fund
Restricted Income Activities Fund
Minimum Reserves required
(cont.)
BALANCE
45,000.00
£
10,000.00
£
10,000.00
£
5,000.00
£
70,000.00
£

Due to the nature of the organisation and the regular review of the budget, the reserves policy is reviewed on an annual basis to ensure that the funds are adequate to meet the ongoing requirements of the Charity.

Note 9

Additional Disclosure

The Company is limited by Guarantee and therefore has no share capital

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of LIS5 C<th- -rEa UIML On accounts for thè year ended Charity no lif any) 2o2L Set out on pages I report to the trustees on my examination of the accounts of the above charily I'the Trust.) for the year ended 31 L L ZL'L R8sponslbilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 ("the Acl.). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 14515)(b} of the Act. I have completed my examination. I confimi that no material matters have come to my attention I low'} in connection with Ihe examination which gives me cause to believe that in, any material respect.. accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's ststement I have no Concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets rfthey do not apply. Signed: Date: 20? Name: L£&LÉ ALJ Relevant professional qualification(s) or body {if any): Address: I S"S- IER October 2018