Charity re9istration number 1127173
Company registration num￿￿ 054S7507 (England and Walesl
HEACHAM YOUTH & COMMUNITY TRUST LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

HEACHAM YOUTH & COMMUNITY TRUST LIMITED
LEGALAND ADMINISTRATIVE INFORMATION
Trustees
Mr D Curtis
ME Jennings
RJ Dix
M Pishom
Mr PK Sutton
Mr D Page
R M Whybrow
Mr G R Pear¢
Secretary
ME Jennings
Charity number
1127173
Company number
05457507
Principal add￿$$
5 Strachan aose
Heacham
King's Lynn
Norfolk
EnglaThJ
PE31 7SB
Registered office
11 Kin9 Street
Kings Lynn
Norfolk
England
PE30 1ET
Independent examlner
Solos Christophi FCCA
Aston Shaw Limited
Chartered Certified Accounlants
The Union Building, 51-59 R¢)5e Lane
Norwrth
Norfolk
England
NR1 1BY

HEACHAM YOUTH & COMMUNITY TRUST LIMITED
CONTENTS
Page
Report of the Tnjstees
Statement of financial activtbes
Balanr£ sheet
Notes to the financial statements
6-11

HEACHAM YOUTH & COMMUNITY TRUST LIMITED
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPOR
FOR THE YEAR ENDED 31 MAY2024
The trustees present their annual report and finanoal slatements for the year ended 31 May 2024.
Th8 finanaal statements have been prepared in accordance wilh Ihe accountsng policies set out in note 1 to the
finana81 statements and comply with the chartty's memcirandum and articles ol association, thè Companies Act
2006 and Accounting and Reporting by Charities- Statement of Recornrnended Practice applicable to charib.es
preparing Iheir a¢￿￿￿￿ in accordance with the Finanryal Re[￿￿tsn9 Standard appIl￿ble in the UK and Republic of
Ireland IFRS 1021" (effective 1 January 20191.
Objectives and activities
Obleclives and aims
The objectives and aims of the (harity are to promote Ihe benefit of the inhabiiants, in parb'cular but no exclusively
the youth, of Heacham in the ctsjnty of Norfolk and the immediate neighbourhood wthout dislinction and, but not
necessarity in associats.on or conjunction wrth votuntary and other organi5alions wth ihe same intent.
Public benefit
The truslees have complied with the duty in Chaiities Art 2011 to have due regard to public benefit guidance
published by the Charities Commission and consider that Ihey have mel the public benefit requirements of the Act,
by way of the charity's acÉivities generally and their grantsng activates in the year.
So¢ial investments
The Trustees Continue to review any applications for grants ar￿ the needs of their area with a view to pitsmote the
aim of the charity into the future_
Achievements and perf0m￿nce
Charitable activities
The grants made during the year are-
D8fenc8 composi(es (Wltdf￿ers) £420
Janet Williams £3,000
JGDATA£2,101
Heacham Methodist Church £350
H8acham Judo Club £200
He8charn Brownies £150
Pocahontas Players £1.000
Heacham in Bloom £100
In all cases the grants made comply wlh the objectives and aims of the charity.
Financial review
Reserves poltcy
The general fund is an unresthded fund.
The trustees believe that the charity should hold core financial reserves at a level consistent with the donations
ceived to date because it has no endowment funditwJ and is therefore entirely dependant on the income arising
from thè investment of its reseNes and upon the donor funding from year to year. both of which are inevitably
subject to fluctuation.
In line with guidance issued by the Charity ComrnissiorF Ihe Iruslees review the charity's need for ieserves annually.

HEACHAM YOUTH & COMMUNITY TRUST LIMITED
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 MA Y 2024
Structure. govemance and management
Governing document
The Cha￿ty is a company limited by guarantee, not having a share capital. Tr member5 of the company are the
trustees named below. The liability of the members is litnited to a contribution nol exceeding £10 in the event of the
cornpany being wound up. Al 31st May 2024 there weie 8 membets12023 81. The goveming document of the
charity is its rnemorandum & Arkncles olAsswation.
Recruitment and appoirrtment of new trustees
The charitable company fflay by ordinary ￿$OlUtion appoint any person who is wiifing to act as a trustee.
Potential Iruslees are identified by rnembers of the Board and are considered against speufications Con￿rning
eligibilty, competence. specialist skills arKI IOCAI availability.
Mr D Curtis
ME Jennings
RJ Dix
M Pishom
Mr PK Sutton
Mr D Page
R M Whybrow
Mr G R Pearce
Appr9ved by order of the board ol tnJslees and s￿ned on its behalf by=
Mr PK Suiton
Trustee
Dale=

HEACHAM YOUTH & COMMUNITY TRUST LIMITED
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF HEACHAM YOUTH & COMMUNITY TRUST LIMITED
I report lo the trustees my examination of the financial statements of H￿haM Youth & Community Trust Limited
Ithe charity) lor the year ended 31 May 2024.
Responsibilities and basis ot report
As the trustees of the charity land also lis directors for the purposes of company lawl you are responsible for the
preparation ol the financial statements in accordance with the requirements of the Companies Act 2006 Ithe 2Q06
Act).
Having satisfied myself that the finanaal statements ol the charity are not required to be audited under Part 16 of
the 2006 Act and are eligible for independent examination. I report in ￿SpeCt of my examination of the chariws
finanaal statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carying out my
examination I have followed all the applicable Directions gNen by the Charity Commission under secb'on 14515llbl
ol the 2011 Act.
Independent examinerfs ststement
I havè completed my éxamination. l eonfim Ihat matters hav$ comè to my attentKJn in connection wth the
examination giviry me cause to believe that in any ma￿rial respecL
aecounts.ng records weie not kept in Fespect of the charity as required by seclion 386 of the 2006 Act- or
ihe finanaal statements do not accord with those records- or
the finanaal statements do not comply wtlh the attounting wuirements of section 396 of the 2006 Acl other
than any requirement that the accounts give a true and fair ￿eW which is not a matter considered as part of an
independent examination" or
Ihe financial slalemenls have not been p￿Pared irt accordance the methcxys and principles of the
ststement ol Recommended Praclice for accounting and reporting by charilies applicable to charities
preparing their accounts in accordance ￿￿th the Finan(ial ReFK)rting Standard applicable in the UK and
Republic of Ireland IFRS 1021.
I have no concems and have come across no other matters in connection ￿th the examination to which attention
should be drawn in this rèport in order to enable a proper understanding of the financial statements to be reached.
Sotos Chri5tophi FCCA
Aston Shaw Limited
Chartered Certified Accountants
The Union 8uililing. 51-59 Rose Lane
Norrich
Norfolk
NR1 1BY
England
Dated".
3010319025

HEACHAM YOUTH & COMMUNITY TRUST LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MAY 2024
Unrestricted
funds
2024
Unr85tricted
funds
2023
Notes
Income from..
Donations and legacies
Charitable activiti.es
Investments
73.080
23,358
1,235
23.823
3,095
Total income
26.923
97,673
Expenditu￿ on:
Charitsble acbvities
14.823
33,060
Tot31 expenditur•
14.823
33,060
Net income and movement in funds
12,100
64.613
Reconciliation of funds:
Fund balan￿S al 1 June 2023
481,285
416,672
Fund balances at 31 May 2024
493.385
481.285
The statement ol finanual activilies indudes all gains and losses recognised in the year_ Al incornt and expenditure
derive from continuiwJ activities.

HEACHAM YOUTH & COMMUNITY TRUST LIMITED
BALANCE SHEET
ASAT 31 MAY 2024
2024
2023
Notes
Fixed assets
TangitAe assèts
278,778
278,708
Current assets
Debtors
Cash al bank and in hand
10
77.013
139.032
48.513
155,2TI
216.045
203.790
Creditors.. amounts falling du• within
one year
11
{1.1581
11.2131
Nel current assets
214,887
202.577
Total assets less current liabiltties
493.665
481.285
Income funds
Unrestricted funds
493.665
481,285
493,665
481.285
The cotnpany is entiued to the exempbon from the audtt requiremenl contained in section 477 of the Companies Act
2006. for the year ended 31 May 2024.
The directors acknowledge their responsibilities for complyng wth the requirements ot the Companies Act 2006
th re5PeCt to accounb.ng records an¢J the preparation of financial statements.
The members have nol requireil the cA)mpany lo (*&tain an audit of its finanaal siatements for the year in question in
accordance with section 476.
These financial statements have been prepa￿ in accordance with the prowgor)s applicable to companie5 subject
to the small companie5 regime.
The financial siatements were approved by Ihe Trustees on_-----.----
2<
MrP
Sullon
TTUStee
Company Registration No. 05457507

HEACHAM YOUTH & COMMUNITY TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MA Y 2024
Accounting policies
CharSty infomiation
Heacham Youth & Community Trust Limrte(l is a private company limiied by guarantee incorpoiated in
England and Wales. The registered office is 11 lQ"ng StreeL lfjngs Lynn. Norfojk. PE30 1ET. England.
1.1 Aeeountlng convention
The financial statements have been prepared in accordance Uie charity's Igoveming documenti. the
Companies Act 2006, FRS 102 Ihe Financial Reporbn9 Starbdard applicable in the UK and Republic of
Ireland. I"FRS 102.1 and the Charities SORP "Acc(KJnbng and Repotting by Charities.. Statement of
Recommended Practice applicable io charilies p￿paring their accounts in accordance wlh the Financial
Reporting Standard applicable in the UK and Republic of [￿land IFRS 1021" lellective 1 January 20191. The
charity is a Public Benefit Entity as defined by FRS 102.
The chanty has laken advantage gf the provisions in the SORP for charitses not to prepare a Statement of
Cash Flows.
The finanual statements are prepared in sterfing. Wh￿ is Ihe functional (xjrrency of Ihe charity. Monetary
amounts in these ffinancial 5taternents are rounde(t to ihe nearest £.
The finanoal statements have been prepared under th8 histori￿1 cost convention, modified to includ8 the
revaluation ol freehold properties and to indude investment properbes and certain finanaal instruments at fair
V31ue. The pnnapal accounting pdiaes adopted are sel out below.
1.2 Golng concern
At the tirne of approving the financial statements, the truslees have a reasonable expeGtsb"on that the charity
has adequate resources to continue in operational existence fof the foreseeable future. ThLJS the trustees
continue lo adopt the going concem basis of ar£ounting in preparing U)e financial ststements.
1.3 Charitable funds
Unrestricted funds are avatlable for use at the discretion of the truslees in furtherance of their charitable
objectives.
Restricted funds are subjecl to specrfic ￿n￿AlonS by donors or grantors as to how they may be used. The
purposes and uses of the resiricled lunds are set out in the note5 to the fiTrancial stalements.
Endowment funds a￿ subiecl lo speufic condilions by dorKN5 that the capital must be maintained by the
tharity.
1.4 Income
Incoffte is recognise¢J when the charity is Segally entiued to Èi after any perfomance condilions have been met.
the amounts can be measured reliably. and Él is Probable that inwme will be ieceived.
C85h donations are iecognised on re￿IPt. Other donations are recognised once the charity has been notified
of the donation, unles5 performance conditions reqtjtre deferral of the amount. Income tax rectsverable in
relation to donations received under Grft or deeds of covenant IS Teccpjnised at the time of the donation.
Legacies are recognised on receipt or otheAvrse if the charity has been noty.fied of an impendin9 distribution,
the amounl is known. and receipt i5 expected. W the amount is not known. the legacy is treated as 8
contingent asset.

HEACHAM YOUTH & COMMUNITY TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MA Y 2024
Accounting poliei8s
{Continu8d}
1.5 Expenditure
Expenditure is recognised once the￿ is a legal or constwcbve obligation to transfer economic benefil to a
third party. it is probable that a transfer ol eojnomic benefits wll be required in setUemÈnt, and the amount of
the obligation can be measured reliably.
Expenditure is dassified by a¢b"vty. The costs of eath actiwty are made up of the total of direct costs and
shared costs. including support costs involved in undertaknng each activity. Direct costs attributable to a sing
activity are allocated directly to that activity. Shared costs which contribute to more than one activity and
support costs which a￿ not attributable lo a single activity are apportioned belween those activities on a basis
COll51Stent with the use of resou￿$. Central stsft costs are allwated on thè basis ol time spent, and
depr8ciation charges are allocated on the Fy)rtion of the asset's use.
1.6 Tangible fixed assets
Tangible fixed assets are injlially measured at rxjst and subsequ8nlly mèasured al cost or valuation. net of
deP￿CIall0n and any impaimient losses.
Depreaation is recognised so as to write off the cosl or valuation of assets less their residual values over their
useful Iwes on the following bases-.
Freehold land and buikdings
Plant and equipment
- in accordance the pro￿rtY
20% stra￿ht ling
The gain cw loss arising i)n the disposal of an asset is determined as the differen￿ between the sale proceeds
nd the carrying value of the asset. and is recognised in the staiemenl of finanual activits"es.
1.7 Impairment of fixed assets
At each reporting end dale. ihe charity reviews the carrying arT￿￿ntS of its tangible assets to detemiine
whether there Is any indication that ihose assets have suffered an impairrnent loss. 11 any such indication
exisis. the rewverable amounl ol the assel is eslimated in order to detemiine the extent of the itnpairmènt
loss lif anyl.
1.8 Cash and cash equivalents
Cash and cash equivalents indude cash in hand. deposits hekl al call bank5, Other short-term liquid
investrnent5 Wlth onginal rnaturities ol three months or less. and bank overdrafts. Bank overdrafts are shown
thin borrowings in currenl liabilities.
1.9 Finaneial instruments
The charity has elected to appty Ihe provisions of Section 11 '8a5ic Financial Instruments, and Section 12
'othèr Financial Instruments Issues. of FRS 102 lo all of its finaftiial inslrufflenls.
Financi81 instruments are recogni5ed in the charitys balance sheet when the charity becomes party to the
contractual provisions of the instrument
Financial assets and liabililj'es are offset. with the net affK)unts presented in the financial statements. when
there is a legally enforceable right to sel off the recognised aff￿ntS and there is an intention to settle on a net
basis or to Tealisè the asset and set¥e the liability s1mullarwu￿y.
Basic financial assets
Basic financial assets. which include debtor5 and cash and bank balances. are initialty measured at
transaction price including transaction costs and are subsequently carried at amortised cost u&ng the effective
interest method unless the arrangement constitutes a finanring transaction. where the transaction is
rneasured al the present value of the futu￿ receipts discounled al a market rate of interest. Financial assets
dassified as receivable within one year are not amthtsed.

HEACHAM YOUTH & COMMUNITY TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
Accounting policies
(Continued)
Basic financial liabilities
Basic financial liabilities, induding uediiors and bank loans are instially ￿cOgniSed at transaction price unless
the arrangement constitutes a financing transaction, where the debt instrument is measure¢J at the p￿sent
value ol the future paymenls discounte¢J at a markel rate ol interest Finanoal lial>lities classified as payable
wthin one year are nol amortised.
Debt instruments are subsequenuy carried at amorlised cost. using the effecbve interest rate method.
Trade credrtors are obligations io pay for g￿)dS or serwces that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are dassified as ￿r￿nt liabilities il payment is due within one
year or less. 11 not, they a￿ p￿sented as nortrtsJrtent liabilth"es. Trade c￿dItorS are recognised iniiially at
transaction prrce and subsequently measured at amorlrsed cost usirNJ Ihe effective Inte￿St method.
Dèrecognition of financialliabilities
Financial liabilities are derecognised when the Lthrity's contractual obligab.ons expiie or are discharged or
cancelled.
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the perv)J in which the employee's services are
received.
Termination benefits are recognised imJnediÈtety as an expense when the charity is demonstrably committèd
to terminate the employmenl of an employee or to provide temiinab.on benefits.
Donations and legacies
Unrestri¢led Unreslri¢ted
funds
funds
2024
2023
Donations
Return of Donation
208
72.872
73,080

HEACHAM YOUTH & COMMUNITY TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MA Y 2024
Charitable activitses
Charitable CharÉtable
Income
Income
Total
Total
2024
2023
Charity shop income
PAT testing income
Rgnlal income
Youth Action Events Day IYAEDI
16.623
15,863
22
7,200
273
7,200
23.823
23.358
Investsnents
Unrestricted Unrestricted
funds
funds
2024
2023
Building sooety accounl interest
3.095
1,235
Charitable activities
Charity
Expenses
2024
Charity
Expenses
2023
Depreaation and impaiment
Rates
A¢countan¢y
Repairs
Insufftnce
Donations paid
Dalaldeposit protection
Entertainment
210
282
1.047
4,966
88
205
1,213
6,991
551
21.212
2.080
720
7.321
594
403
14.823
33,060
14.823
33.060

HEACHAM YOUTH & COMMUNITY TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
Net movernent in fvnds
2024
2023
The nel movement in luThJs is stated after I*Brgrryllcreditingl'.
Depreciation ol owned tangible fixed assets
210
88
Employees
The average monthly number of employees during the year was:
2024
Nurnber
2023
Number
There were no employees whose annual remunerats.on was ffl0￿ than £60.000.
R•muneration ot key management personnel
The remunerabon of key management personnel was as follows=
Taxation
The charity is exempt from taxab.on on tts activilies because all its in(ome is appl*d for charitable purposes.
Tan9ible fixed assets
Freehold tand
and build￿￿$
Plant an
eqUipMe￿t
Total
Cost
At 1 June 2023
277.746
1,050
278,796
Al 31 May 2024
277.746
1.050
278,796
Depreciation and impaimient
At 1 June 2023
Dep￿￿atIOn charged in the year
88
210
88
210
At 31 May 2024
298
298
Carrying amount
At 31 May 2024
277.746
752
278.498
At 31 May 2023
2TI.746
962
278.708
10-

HEACHAM YOUTH & COMMUNITY TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MA Y 2024
10 Debtors
2024
2023
Amount5 falling due within one year.
Loans
Prepaytnents and accrued income
77.000
48.500
13
77,013
48,513
11 Credltors.. amounts falling due within one year
2024
2023
Accnjals and deferred income
1.158
1.213
12 Unrestsicted fvnds
The unresthcted funds of the charity comprise the unexpended balances of donations and grants which are
not subject io spectfic conditions by donors and grantors as to how they may be used. These include
designated funds whith have been sel aside out ol unre5trthd (und5 by the trustees lor speafic purposes_
At 1 June
2023
Incomin9
resources
Resources
expended
At 31 May
2024
General fuThJs
481.285
26,923
114,8231
493,385
Previous year.
At 1 June
2022
Incoming
resources
Resources
expended
At 31 May
2023
General funds
416,672
97,673
133,0601
481.285
11