REGISTERED COMPANY NUMBER: 06086 525 (England and Wales) REGISTERED CHARITY NUMBER: 1119928
Report of the Trustees and Unaudited Financial Statements for the Year Ended 28 February 2021 for Community Youth London
Community Youth London
Contents of the Financial Statements for the Year Ended 28 February 202 1
Page
Report of the Trustees
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
4 to 5
Notes to the Financial Statements
6 to 8
Detailed Statement of Financial Activities
9 to 10
Community Youth London
Report of the Trustees for the Year Ended 28 February 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 28 February 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
06 0 86 5 25 (England and Wales)
Registered Charity number
1119928
Registered office Unit 3a Juno Wa y Elizabeth Industrial Estate South Bermondsey SE14 5RW
Trustees C Johnson R King Ms D Anita
- appointed 1.2.21 - appointed 19.3.20
Company Secretary
Independent examiner
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited b y guarantee, as defined by the Companies Act 2006.
Risk management The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure ap p ropriate controls are in place to provide
reasonable assurance against fraud and error. Approved by order of the board of trustees on .. . 21Av .2.2 and on its g .) signed behalf by:
....
...............
C Johnson - Trustee
Page 1
Independent Examiner's Report to the Trustees of Community Youth London
I report on the accounts of the company for the year ended 28 February 2021, which are set out on pages three to eight.
Responsibilities and basis of report As the charity's trustees (and also the directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independant examination, I have examined your ' ' ' charity s accounts as required under section 145 of the Charities Act 2011 ( the Act ). In carrying out my examination I have followed the Directions given by the Charity
Commission under section 145(5)(b) of the 2011 Act.
My role is to state whether any material matters have come to my attention giving me cause to believe:
inimi
that accounting records were not kept as required by section 386 of the Companies Act 2006; or that the accounts do not accord with those records; or that the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the 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; or that there is further information needed for a proper understanding of the accounts. 4.
Independent examiner's statement I have completed my examination and have no concerns i n respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission I have fou nd no matters that require drawing to your attention.
Careane Wallace A CA
Date: 27th Aug 2021
Page 2 Community Youth London
Statement of Financial Activities for the Year Ended 28 February 2021
28.2.20
Unrestricted
fund
Restricted fund 28.2.21
Total funds Total funds Notes
INCOMING RESOURCES Incoming resources from generated funds Voluntary income Activities for generating funds Other incoming
resources
25,999 27, 255 18,601
25,999 2 7, 255 18,601 23,921
Total incoming resources
7 1,855
71,855 23,921
RESOURCES EXPENDED Governance costs Other resources expended 1,900 79,813 1,900 79,813 1,650 44,712
Total resources expended
81,713 81,713 46,362
NET INCOMING /( OUTGOING) RESOURCES
(9,858 ) (9,858) ( 22,441 )
RECONCILIATION OF FUNDS
Total funds brought forward
(54,963) (54,963) (32,522)
TOTAL FUNDS CARRIED FORW ARD
( 64,821) ( 64,821)
(54,963)
DEDRA
The notes form part of these financial statements
Page 3
Community Youth London
Balance Sheet At 28 February 2021
Unrestricted
fund Restricted fund
28.2.21 Total funds 28.2.20 Total funds Notes FIXED ASSETS Tangible assets 10,310
10,310 5,001
CURRENT ASSETS Debtors Cash at bank
1,920
1,920 1,920 273
1,920 1,920 2,193
CREDITORS Amounts falling due within one year ( 43,718) ( 43,718) ( 62,15 7 )
NET CURRENT ASSETS/ ( LIABILITIES)
( 41,798) ( 41,7 9 8 ) (59,964)
TOTAL ASSETS LESS CURRENT LIABILITIES
(31,488) (31,488 ) (54,963)
CREDITORS Amounts falling due after more than one year
9
(33,333)
(33,333)
NET ASSETS / (LIABILITIES)
(64,821 ) ( 64,821) ( 54,963)
FUNDS Unrestricted funds
( 64,821) (54,963)
TOTAL FUNDS
( 64,821) ( 54,963)
os
The notes form part of these financial statements
Page 4 continued...
Community Youth London
Balanc e Sh ee t - continued At 28 February 2021
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2021.
The members have not required the charitable company to obtain an audit of its financial statements for the year ended 28 February 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and (6) preparing financial statements which give a true and fair view of the state of affairs of the charitable company a s
at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
Act 2006 melting samall chariable compani
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).
..) and were signed on its
The financial statements were approved by the Board of Trustees on ....... . behalf by:
C Johnson - Trustee
The notes form part of these financial statements
Page 5 Community Youth London
Notes to the Financial Statements for the Year Ended 28 February 2021
ACCOUNTING POLICIES
Accounting convention The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 20 08) , the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
Incoming resources All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources,
Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc
- 25% on reducing balance
Taxation The charity is exempt from corporation tax on its charitable activities.
Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
ACTIVITIES FOR GENERATING FUNDS
28.2.21 28.2.20
Provision of services
27, 25 5 23,921
NET INCOMING / OUTGOING) RESOURCES
Net resources are stated after charging / (crediting):
28.2.21 28.2.20
Depreciation - owned assets
3,436 1,435
TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 28 February 2021 nor for the year ended 28 February 2020.
' ' Trustees e x penses There were n o trustee s expenses paid for the y ear ended 28 February 2021 nor for the y ear ended 28 February 2020.
Page 6 Community Youth London
Notes to the Financial Statements - continued for the Year Ended 28 February 2021
5. STAFF COSTS
28.2.21 28.2.20
Wages and salaries
550 7 50
The average monthly number of employees during the year was as follows:
28.2.21 28.2.20 Administrative PA
No employees received emoluments in excess of £60,000.
TANGIBLE FIXED ASSETS
Plant and machinery etc
COST At 29 February 2020 Additions
45,852 8,745
At 28 February 2021
54,597
DEPRECIATION At 29 February 2020 Charge for year
40,851
3,436
At 28 February 2021 44,287
NET BOOK VALUE At 28 February 2021
10,310
At 28 February 2020
5,001
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2.21 28.2.20
Other debtors 1,920 1,920 SEGES
8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.21 28.2.20
Bank loans and overdrafts Trade creditors Taxation and social security Other creditors
6,821 9,441 3,743 23,713
11,473 3,591 47,093
43,718 62,157
Page 7 Community Youth London
Notes to the Financial Statements - continued for the Year Ended 28 February 2021
9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.2.21 28.2.20
Bank loans
33,333
10 . MOVEMENT IN FUNDS
At 29.2.20
Net m ovement
in funds At 28.2.21
Unre s tricted funds General fund
(54,963) (9,858) (64,821)
TOTAL FUNDS
(54,963) (9,858 ) ( 64,821 )
Net movement in funds, included in the above are as follows:
Incoming resources Resources expended Movement in
funds
Unrestricted funds General fund
71,855
(81,713)
(9,858 )
TO TAL FUNDS
71,855 (81,713) (9,858 )
Page 8 Community Youth London
Detailed Statement of Financial Activities for the Year Ended 28 February 2021
2.21 28.2.20
INCOMING RESOURCES
Voluntary income Donations
25,999
Activities for generating funds Provision of services
27 ,255 23,921
Other incoming resou r ces Insurance claim Government grants 1 7, 798 803
18,601
Total incoming resources
71,855 23,921
RESOURCES EXPENDED
Governance costs Wages Accountancy
400 550 1,350 1,250 1.900 1,650
25,800 Support costs
Management Wages Rent and rates Light and heat Telephone and computer Postage and stationery Sundries Travel and subsistence Repairs and renewals
350 25,800 2,981 605
2,259 3,041
429 3 283
1,918 1,619 3,046 3,678 143
38,112 33,843
Finance Bank charges Bank loan interest 21 803
824
Other Entertainment Consultancy & trainers costs Legal Fees Depreciation of tangible fixed assets 9,435
392 29,049 8,000 3,436
1,434
40,877 10,869
Total resources expended
81,713 46,362
This page does not form part of the statutory financial statements
Page 9 Community Youth London
Detailed Statement of Financial Activities for the Year Ended 28 February 2021
28.2.21 28.2.20 Net expenditure {9,8581 (22,4411
Page 10