# **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 3. ## **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. 6. ## **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** 28. `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** 28. `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