**REGISTERED CHARITY NUMBER: 1122881** ## **Report of the Trustees and** **Unaudited Financial Statements for the Year Ended 31 March 2025** **for** ## **Positive Youth for the Community** London Accounting Group Ltd **Positive Youth for the Community** **Contents of the Financial Statements for the Year Ended 31 March 2025** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|2| |**Independent Examiner's Report**||3|| |**Statement of Financial Activities**||4|| |**Balance Sheet**||5|| |**Notes to the Financial Statements**|6|to|10| **Positive Youth for the Community** ## **Report of the Trustees for the Year Ended 31 March 2025** The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of 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 2019). The trustees who served the company during the period were as follows: Y Feldman A Y Lemberger I Admoni There is no chief executive officer nor any other staff employed in the charity. The day to day affairs are undertaken by My Y Feldman on behalf of the trustees. All major decisions are taken collectively by the trustees. The trustees are volunteers and details of any related party transactions are disclosed as applicable in the notes to the accounts. ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The main objectives and activities of the charity are: a) To provide education and further training for the youth. b) To provide a culturally safe environment for youth to play and enjoy in. c) To build upon the skills of the young, allowing for them to have greater, more lucrative opportunities for high achieving professional career roles. d) To provide vocational skills as an outlet for negative and pent up emotions allowing for a safer and more contented community. e) The prevention or relief of poverty. ## **Public benefit** The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit. ## **ACHIEVEMENT AND PERFORMANCE** The trustees are satisfied with the charities performance. ## **FINANCIAL REVIEW** ## **Reserves policy** The Unrestricted Fund represents the unrestricted funds arising from past operating results. The Trustees are satisfied that the balance of the Fund is an acceptable level of reserves given the nature of revenue receipts against the expenses payable. ## **FUTURE PLANS** The charity hopes to expand its activities. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. Positive Youth for the Community was registered with the charity commission on the 19 February 2008 under charity number 1122881. Recruitment and appointment of new trustees would be in line with the Trust Deed and with the consent of the trustees. The criteria set for the suitable candidate would be someone who is sensitive to the needs and demands of the organisation. ## **Risk management** The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the Trust, and are satisfied that systems are in place to manage our exposure to the major risks. Page 1 **Positive Youth for the Community** **Report of the Trustees for the Year Ended 31 March 2025** ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1122881 **Principal address** Basement Flat 10 ClaptonTerrace London E5 9BW ## **Trustees** Y Feldman A Y Lemberger I Admoni ## **Independent Examiner** London Accounting Group Ltd Approved by order of the board of trustees on ............................................. and signed on its behalf by: ........................................................................ Trustee Page 2 **Independent Examiner's Report to the Trustees of Positive Youth for the Community** ## **Independent examiner's report to the trustees of Positive Youth for the Community** I report to the charity trustees on my examination of the accounts of Positive Youth for the Community (the Trust) for the year ended 31 March 2025. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. ## **Independent examiner's statement** Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Samuel Feigenblatt ACCA London Accounting Group Ltd Date: ............................................. Page 3 **Positive Youth for the Community** ## **Statement of Financial Activities for the Year Ended 31 March 2025** |||31.3.25|31.3.24| |---|---|---|---| |||Unrestricted|| |||fund|Total funds| ||Notes|£|£| |**INCOME AND ENDOWMENTS FROM**|||| |Donations and legacies||462,869|204,717| |**EXPENDITURE ON**|||| |Raising funds||5,137|-| |**Charitable activities**|||| |Donations paid||416,603|216,381| |Other||12,970|3,466| |**Total**||434,710|219,847| |**NET INCOME/(EXPENDITURE)**||28,159|(15,130)| |**RECONCILIATION OF FUNDS**|||| |Total funds brought forward||(20,651)|(5,521)| |**TOTAL FUNDS CARRIED FORWARD**||7,508|(20,651)| The notes form part of these financial statements Page 4 **Positive Youth for the Community** ## **Balance Sheet 31 March 2025** ||||31.3.25|31.3.24| |---|---|---|---|---| ||||Unrestricted|| ||||fund|Total funds| ||Notes||£|£| |**FIXED ASSETS**||||| |Tangible assets||5|3,623|3,364| |**CURRENT ASSETS**||||| |Debtors||6|11,000|-| |Cash at bank|||3,998|1,646| ||||14,998|1,646| |**CREDITORS**||||| |Amounts falling due within one year||7|(11,113)|(25,661)| |**NET CURRENT ASSETS/(LIABILITIES)**|||3,885|(24,015)| |**TOTAL ASSETS LESS CURRENT**||||| |**LIABILITIES**|||7,508|(20,651)| |**NET ASSETS/(LIABILITIES)**|||7,508|(20,651)| |**FUNDS**||8||| |Unrestricted funds|||7,508|(20,651)| |**TOTAL FUNDS**|||7,508|(20,651)| The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: ............................................. Trustee The notes form part of these financial statements Page 5 **Positive Youth for the Community** **Notes to the Financial Statements for the Year Ended 31 March 2025** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. 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. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. ## **Taxation** The charity is exempt from 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. ## **2. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. Page 6 continued... **Positive Youth for the Community** **Notes to the Financial Statements - continued for the Year Ended 31 March 2025** ## **3. STAFF COSTS** The average monthly number of employees during the year was as follows: |Admin staffs
No employees received emoluments in excess of £60,000.
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**EXPENDITURE ON**
**Charitable activities**
Donations paid
Other
**Total**
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|31.3.25
31.3.24
45
28
Unrestricted
fund
£
204,717
216,381
3,466
219,847
(15,130)
(5,521)
(20,651)| |---|---| ## **4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** continued... Page 7 **Positive Youth for the Community** **Notes to the Financial Statements - continued for the Year Ended 31 March 2025** ## **5. TANGIBLE FIXED ASSETS** |**COST**
At 1 April 2024
Additions
At 31 March 2025
**DEPRECIATION**
At 1 April 2024
Charge for year
At 31 March 2025
**NET BOOK VALUE**
At 31 March 2025
At 31 March 2024
**6.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
31.3.25
£
Other debtors
11,000
**7.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
31.3.25
£
Other creditors
11,113
**8.**
**MOVEMENT IN FUNDS**
Net
movement
At 1/4/24
in funds
At
£
£
**Unrestricted funds**
General fund
(20,651)
28,159
**TOTAL FUNDS**
(20,651)
28,159|Fixtures
and
fittings
£
4,939
1,467
6,406
1,575
1,208
2,783
3,623
3,364
31.3.24
£
-| |---|---| ||31.3.24
£
25,661| ||31/3/25
£
7,508| ||7,508| continued... Page 8 **Positive Youth for the Community** **Notes to the Financial Statements - continued for the Year Ended 31 March 2025** ## **8. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|462,869|(434,710)|28,159| |**TOTAL FUNDS**|462,869|(434,710)|28,159| ## **Comparatives for movement in funds** ||Net|| |---|---|---| ||movement|| |At 1/4/23|in funds|At 31/3/24| |£|£|£| |**Unrestricted funds**||| |General fund
(5,521)|(15,130)|(20,651)| |**TOTAL FUNDS**
(5,521)|(15,130)|(20,651)| |Comparative net movement in funds, included in the above are as follows:||| |Incoming|Resources|Movement| |resources|expended|in funds| |£|£|£| |**Unrestricted funds**||| |General fund
204,717|(219,847)|(15,130)| |**TOTAL FUNDS**
204,717|(219,847)|(15,130)| A current year 12 months and prior year 12 months combined position is as follows: |Net
movement
At 1/4/23
in funds
At
£
£
**Unrestricted funds**
General fund
(5,521)
13,029
**TOTAL FUNDS**
(5,521)
13,029|31/3/25
£
7,508| |---|---| ||7,508| continued... Page 9 **Positive Youth for the Community** **Notes to the Financial Statements - continued for the Year Ended 31 March 2025** ## **8. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|667,586|(654,557)|13,029| |**TOTAL FUNDS**|667,586|(654,557)|13,029| ## **9. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 March 2025. Page 10