MARY'S YOUTH CLUB LTD {A company limited by guarantee not having a share capital) Annual Report and Financial Statements For the year ended 31 March 2025 Charity Registration No: 1127269 Company Registration No: 06734354 Doc ID.. 27cL258dc9fb871004575cd883a20064dcc2a7ac
MARY'S YOUTH CLUB LTD Trustees, Annual Report For the year ended 31 March 2025 IA company limited by guarantee not having a share capitsl Company Registration No.. 067343541 CONTENTS Reference and administrative detsils Trustees, annual report 3-10 Independent examinels report li Statement of comprehensive income 12 Balance sheet 13 Notes to the financial statements 14-20 Doc ID.. 27cL258dc9fb871004575cd883a20064dcc2a7ac
MARY'S YOUTH CLUB LTD Trustees, Annual Report For the year ended 31 March 2025 IA company limited byguarantee not having a share capitol Company Registrotion No.- 06734354) REFERENCE AND ADMINISTRATIVE DETAILS Charity name: Marfs Youth Club Ltd. the wod<ing name is Mary's Charity number: 1127269 Company number: 06734354 Registered office and operational address.. St Marfs Parish Office Upper Street Islington London NI 2TX Directors: The directors of the charitsble company Ithe charity) are its trustees for the purposes of charity law, The trustees and officers serving during the year and since the year-end were as follows.. Aston Wood - Chair lan Mylam Alan Shaw Aysha Sheridan Naeman Symonds-Baeg Jonathan Elmer- Treasurer Bethany Kilminster- resigned 15 September 2024 Hayley Gleeson - appointed l May 2025 Tony Tran - appointed l May 2025 Chief Executive Officer: Sally Baxter Banker- CAF Bank 25 Kings Hill Avenue Kings Hill. West Malling Kent ME19 4JQ Independent examiner: Alex Friede BA ACA Philip Friede & Co Fifth Floor 30-31 Fumival Street London EC4A IJQ Accountants: Charity Accounting Services Ltd SPACES - Sutton Point 6 Sutton Plaza, Sutton London SMI 4FS Doc ID.. 27cL258dc9fb871004575cd883a20064dcc2a7ac
MARY'S YOUTH CLUB LTD Trustees, Annual Report For the year ended 31 March 2025 IA company limited byguarantee not having a share capitol Company Registrotion No.- 06734354) The directors present their report together with the financial statements for the 12 months ended 31 March 2025. The financial statements comply with the Charities Act 2011. the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities- Statement of Recommended Practice applicable to charities preparing their accounts in accordance with Financial Reporting standard applicable in the UK and Republic of Ireland IFRS 1021. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document Mary's Youth Club Ltd (previous name St Mary Islington Community Partnership was changed on 13 November 20251 is a charitable company limited by guarantee governed by its Articles of A550C13tion dated 27th September 2017. It is registered as a charity with the Charity Commission. In the event of the company being wound up. members are required to contribute an amount not exceeding £10. The working name of 'Mary's' was registered with the Charity Commission in November 2014. Appointment of directorsltrustees The directors have the power f rom time to time to appoint new or additional directors for the company. A minimum of 400A of the directors shall be individuals nominated for appointment by the Parochial Church Council IPCCI of St Mary Islington. Three out of the eight trustees were PCC nominees on 31st March 2025. These were lan Mylam. Aysha Sheridan and Alan Shaw. Induction and training of directors/trustees New directors undergo induction training as required and are given documentstion to brief them on their legal obligations under charity and company law. the content of the Articles of Association, all Mary's tM)licie5, the committee and decision making processes. the bu5ine55 plan and recent f inancial performance of the charity. New dirertors are asked to declare any conflict of interest impacting on their directorship both when they are appointed and throughout their tenure. During the first weeks of their appointment, they meet with the company's key personnel. Training needs of the directors are discussed at board meetings and at events which are arranged as and when appropriate. All directors are expected to complete at least Level 2 Safeguarding Training within their first year of serving. Organisation The Board of Directors meets regularly to administer the company. Between 1st April 2024 & 31 March 2025 the Board met 9 times. During this period the Chief Executive Officer, Sally Baxter, had responsibility for day to day operations including finance, employment, stsff management and running the day to day business of the company. Related parties St Mary Islington PCC continue to be a significant relationship in running the organisation successfully. Mary's Youth Club Ltd Iknown as Marys) was originally estsblished to manage the community activities delivered within buildings owned by the church 1st Mary Islingtonl. These arrangements were set out in formal agreements between the London Diocesan Fund, the PCC, and Mary's. which ceased in April 2023. Doc ID.. 27cL258dc9fb871004575cd883a20064dcc2a7ac
MARY'S YOUTH CLUB LTD Trustees, Annual Report For the year ended 31 March 2025 IA company limited byguarantee not having a share capitol Company Registrotion No.- 06734354) Following these changes in responsibilities. the charity now operates as Mary's Youth Club (off icially renamed in November 2025. Mary s Youth Club continues to be based at St Marys Neighbourhood Centre under a six-year lease agreement. From this base, and through additional sites across the borough. Mary's delivers a vibrant programme of youth club activities and leads a sector development training programme IQLIPI and CPD training pan London. Investment powers and policy The charity's directors, having regard to the liquidity requirements of the operation and to the reserve5 policy as stated below. have the power to invest in any way that they deem to be appropriate. OBJECTIVES AND ACTIVITIES The Charity's objects are restricted specifically, in each case only for the public benefit to: al act as a resource for young people living in the London Borough of Islington and the surrounding neighbourhood (the "Area of Benefit") by providing advice and assistance and organising programmes of physical, educational and other activities as a means Ofr. advancing in life and helping young people by developing their skills, capacities and capabilities to enable them to participate in Society as independent, mature and responsible individuals- advancing their education- relieving unemployment., and providing recreational and leisure time activity in the interests of social welfare for young people living in the Area of Benefit who have a need by reason of their youth, age, infirmity or disability, poverty or social and ecommic circumstsnces with a view to improving the conditions of such person: bl act as a resource for the development and education of children living in the Area of Benefit by providing advice and assistance and organising pri)grammes of physical. educational and other activities as a means of= advancing their care and benefit.. advancing their education- advancing their health and well being- and providing services to benefit them and their families and carers., cl act as a resource for people living in the Area of Benefit. without distinction of sex. sexual orientation, race or political. religious or other opinions by associating together the said residents and the local authorities, voluntary and other oanisationS in a common effort to= advance education and to provide facilwties in the interests of social welfare, health and well being and for recreation leisure time occupation with the objective of improving the conditions of life for the residents- and develop the capacity and skills of the members of the communities of the Benefit Area that are socially and economically disadvantsged in such a way that they are better able to identify and help meet their need5 and to participate more fully in society. In furtherance of this object, the Charity may co-operate with any statutory authority in the maintenance and management of a community centre for activities promoted by the Charity. Doc ID.. 27cL258dc9fb871004575cd883a20064dcc2a7ac
MARY'S YOUTH CLUB LTD Trustees, Annual Report For the year ended 31 March 2025 IA company limited byguarantee not having a share capitol Company Registrotion No.- 06734354) Strategic aims Mary s aims for the for the period ending 31 March 2025 were: Financial Sustsinability To be confident of annual income matching proposed eXndItUre by March 2026 by. developing income sources from a combination of12rge and small grants, trading. corporate and regular private donors invest a proportion of Mary's reseNes for next three years to enhance income from all sources to have a fundraising development board, worf(ing to a plan for fundraising, stewardship and events Development To continue to enable young people and youth workers in our community and beyond to be better connected, and better equipped with skills and confidence by. continuing to deliver a varied programme of trips, residentials and activities based on the need5 and aspirations of young people increase youth work sector development work promoting Mary 5 approach to reflective youth led practice develop approaches for delivery from other local sites and in partnership providing training and development opportunities offering Mary's as a great learning environment for students and young people Connected To become better connected with more local young people, partners and stskeholder5 by.. developing positive productive relationships with local neighbours, businesse5, partners and other stakeholders. increasing awarene55 and involvement of Marfs amongst local young people. parents and guardians. local busine55es and residents. developing and delivering an effective publicity and communications strategy reviewed annually Liaising positively with St Marfs Church at all levels to establish a mutually beneficial working partnership Youth Club VISION A safe. welcoming community where young people are respected. their voices are valued, and their uniquene55 is celebrated. A space where joy thrives. fun is abundanL and every young person fee15 empowered to belong and grow. Mission Our mission is to empower every young person to grow with agency, build a joyful and inclusive community, and thrive in lifelong fulfilment. We recognize the uniqueness of each individual, ensuring they are connected to the opportunities and support they need to succeed. By rejecting deficit models. we celebrate strengths. foster joy. and co-cre2te a better-connected future with young people at the heart of everything we do. Doc ID.. 27cL258dc9fb871004575cd883a20064dcc2a7ac
MARY'S YOUTH CLUB LTD Trustees, Annual Report For the year ended 31 March 2025 IA company limited byguarantee not having a share capitol Company Registrotion No.- 06734354) At a glance 508 INDIVIDUAL CONTACT ENGAGEMENT 291 ACHIEVED OUTCOMESIINDICATORS 4.691 OUTCOMES/INDICATORS IN TOTAL 2024125 2019120 2020/21 2021/22 2022123 2023124 5081+1861 Youn People En 354 144 346 322 7541+1241 Individual Sessions 466 112 498 523 630 55961+10881 Total Attendances 3554 746 3522 4680 4,508 REVIEW OF 2024-25 In 2024-25, Mary's Youth Club strengthened its financial resilience while expanding both its reach and impact. We launched a Continuing Professional Development ICPDI programme for youth workers, which is already gaining momentum. and developed a Corporate Social Responsibility ICSRI offer that engages local businesses in meaningful ways. with the %rolley dash. proving especially popular. Membership continued to grow. with 5596 attendances from 508 young people over the year. Mary's delivered a wide range of enriching experiences that build skills, confidence, and community connections. Highlights included swimming at Brockwell Lido, camping, and ziplining across the Uk's longest zipline at Bournemouth beach. and running the Live Link Film Festival and Summerversity projects, which supported young people's job-readiness skills. The SIS Project empowered young women through a consortium approach. while partnerships with Eat Club and Be Inspired delivered cooking and mindfulness programmes. We ran the Duke of Edinburgh Award. hosted seven young people on work experience. awarded over 100 accreditations to 55 yOLJng people at our annual Celebration event. and proudly hosted our fir5t-ever Community Block Party. These achievements reflert Marfs ongoing commitment to fostering wellbeing. growth, and belonging. By diversifying income, strengthening partnerships, and delivering high-quality programmes, we are building a strong foundation for continued impact and engagement across the community. Our First Ever Community Block Party In July 2024, Marfs Youth Club hosted its first-ever community block party-an important milestone as our first independent, community-focused activity. This event gave us the opportunity to take full creative control and deliver an experience that truly refletted who we are as a youth club. Despite a summer often described as one of the worst for weather in years, the day was blessed with rare sunshine. allowing young people to enjoy outdoor activities Iwith sun hats generously donated by Arsenal Football Clubl. Doc ID.. 27cL258dc9fb871004575cd883a20064dcc2a7ac
MARY'S YOUTH CLUB LTD Trustees, Annual Report For the year ended 31 March 2025 IA company limited byguarantee not having a share capitol Company Registrotion No.- 06734354) The bake sale was a huge success. Wlth a steady stream of customers throughout the day. Former Chair Helen baked a range of cakes, including particularly popular carrot cupcakes, and Jake contributed delicious vegan cookies. Volunteer Melissa from Higgins Partnership helped run the stall. Young people also enjoyed a variety of activities, including tsble tennis, giant Jenga, arts and crafts with Jordan. and creative projects they could take home. Additional attractions included hair braiding, glitter tattoos and tooth gems. and a selfie booth. which all added to the fun and interactive atmosphere. The block party was more than just a summerevent-it was an opportunity to celebrate our community, showcase young people's creativity. and strengthen connections between Mary's, local residents, and partners Case study one Sophia . (name changedl, a 20-year-old Psychology student, joined Marfs Youth Club for a student placement during the holiday period. Her return was deeply personal. Sophia had attended the youth club as a young person and wanted to give back to the same supportive environment that had positively shaped her early experiences. Sophia brought creativity, motivation. and resourcefulness to her placement. She actively participated in group activities, led games such as rounders, and supported a trip to a film premiere a highlight for her as Someone interested in acting. Through these experiences, Sophia developed skills in communication, teamwork. and leadership. while learning to adapt her approach for different age groups. Reflecting on young people's challenges today. Sophia noted the pressures of career choices. school stress, and external expectstions. She suggested introducing more drama or film-making workshops to help young people explore creative expression. build self-esteem, and engage in fun, meaningful activities. Sophia describes Mary'5 Youth Club as= Supportive. Engaging. Empowering. She 53ys."My placement at Mary's was incredibly rewarding. and I'd recommend it to anyone looking to grow. learn. and genuinely make a difference.. Case study two Henry I"Name Changed) is 18 and currently studying Uniformed Protective Services at college. He first came to Mary's Youth Club in Year 5 after a school visit from youth workers. They talked about the trips, games, and the fun things happening at the club- and that same day. he decided to come along. At first, everything felt new, but Henry quickly settled in. He made friends, played sports like basketball and A-Ball, and always looked forward to the relaxed atmosphere land the snacksll. Mary's became a place where he felt safe. included. and supported through the years. After taking a break from the club, Henry reconnected during lockdown after spotting a post on Instagram. Since returning. he's grown in confidence and communication, and has become more aware of how to build positive relationships. Doc ID.. 27cL258dc9fb871004575cd883a20064dcc2a7ac
MARY'S YOUTH CLUB LTD Trustees, Annual Report For the year ended 31 March 2025 IA company limited byguarantee not having a share capitol Company Registrotion No.- 06734354) Henry is now working towards his Duke of Edinburgh Award and recentlytook part in a YHA residential trip to Manchester. where he explored the city with other young people and developed independence and teamwork skills. °You meet people, build trust. and try things you wouldn't nom]ally do. Every session s different." Henry encourages Others to give it a try - because at Marfs, there's always something new to discover. Professional Development In 2024-25, Mary's Youth Club continued to establish itself as a learning organisation, 5UPPOrting the development of the youth work workforce from young leaders to fully qualified practitioners. Our team of qualified and experienced youth workers and educators delivered 3 growing CPD programme, hosted student placements. and ran popular training sessions including Risk Assessment, Presenting & Public Speaking. Emergency First Aid at Worf(. Introduction to Reflective Practice, and Social Media Skills for Youth Worf(. Mary's continued to lead the QLIP lQuality. Leadership. Impact and Partnership) project. now in its fourth year. Commi55ioned by Islington Council and London Youth. QLIP provide5 wrap-around support for youth organisations in the borough through professional supervision, one-to-one guidance, networking via thematlc sessions I'coffee with QLIP°l. training, and 5UPPOrt in measuring and communicating impact. The project strengthens local networks and helps deliver a coordinated youth offer for diverse young people in Islington. In 2024, Mary's was delighted to become a delivery partner on London Youth's Rise Up programme, enhancing the skills and confidence of youth practitioners to better support young Londoners. This year also saw international recognition of our approach to open-access youth work: Minister Waltersson Gronvall from Sweden visited in May. and Mary's collaborated with King's College London and Hosel University. Japan. exploring shared youth work values, with stsff looking forward to further exchange visit5 in 2025 What's Next? Young people con51Stently tell us they love what Marfs offers-yet through ongoing feedback and co-production se55ions. we can 3150 See where gaps remain across the borough and where we can grow to meet emerging needs. In the year ahead. we will continue working alongside young people to shape services that ref lect their experiences. aspirations. and identities. A key priority is strengthening Mary s as a third space: an open, accessible environment created with young people, not simply for them. Young people have highlighted a need for more space5 that support identity. belonging. and community. and we will co-develop a new LGBTQIA+ group to provide exactly that. We will also build on the success of our boys, gym session. co-designing a holistic development programme that combines physical activity with conversations around wellbeing, positive masculinity, and peer support. Doc ID.. 27cL258dc9fb871004575cd883a20064dcc2a7ac
MARY'S YOUTH CLUB LTD Trustees, Annual Report For the year ended 31 March 2025 IA company limited byguarantee not having a share capitol Company Registrotion No.- 06734354) To ensure continued access. securing long-term funding for our Mildmay satellite remains essential. We will also be seeking a committed corporate partner to expand opportunities. resources. and support for our young people. By listening closely and co-producing solutions. we continue to advance our vision of a joyful, inclusive community where every young person feels valued. empowered, and able to shape their future. FINANCIAL REVIEW AND PERFORMANCE The total income of the year was £208k12024 £194kl, The expenditure for the charity was £205k 12024: £198kl. Overall, this has resulted in a surplus for the year of £2.47612024= deficit £3.8231 thereby increasing the overall funds to £317,261 from £314,785. Total funds as at 31 March 2025 were £317.261 which is made up of £246,261 unrestricted general funds and £71,0(X) unrestricted designated fund Reserves policy The directors have agreed that the company should aim to maintain free reseNes at a level sufficient to cover twelve months of regular operating expenditure. This level of reserves is justified given the unusually high level of uncertainty facing Mary s as we transition to a new model with lower levels of secured income than hitherto. Free reserves in excess of the minimum can be used at the discretion of the trustees for the strategic development of Mary's. Based on the projected operating costs of Mary'5 core service5 for the yearto 31st March 2024. the reserves to fund 12 months of minimum operating costs would need to be approximately £230.IX)O. Marfs reserves requirements will be reviewed annually. Risk management and internal control The trustee5 have reviewed the major risks the charity faces and have estsblished systems to manage these risks a5 part of the annual business planning process. PUBLIC BENEFIT The company aims to provide public benefit by advancing community development through its support of the community and voluntsry OaniSatIOnS in Islington. Throughout this process, the directors have regard to the Charity Commission's guidance on public benefit contained in section 17151 of the 2011 Charities Act 2nd ensure that the company's services meet these criteria. Doc ID.. 27cL258dc9fb871004575cd883a20064dcc2a7ac
MARY'S YOUTH CLUB LTD Trustees, Annual Report For the year ended 31 March 2025 IA company limited byguarantee not having a share capitol Company Registrotion No.- 06734354) TRUSTEES, RESPONSIBILITIES The trustee5 (who are also the dirertors for the purtx)ses of company lawl are responsible for preparing the Directors. Report and the financial statements in accordance with applicable law and regulations. Company law requires the tmStees to prepare financial statements for each financial year. Under that law. the trustees have elected to prepare the financial statements in accordance with the United Kingdom Generally Accepted Accounting Practice Iunited Kingdom Accounting Standards and applicable lawl. Under company law, the twstees must not approve the financial statements unless they are satlsfied that they give a true and fair view of the state of affairs of the charity and the result of the charity for that period. In preparing these financial ststements, the directors are required to: select suitable accounting policies and apply them consistently., observe the methods and principles in the Charities SORP; make judgements and estimates that are reasonable and prudent., State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements- prepare the financi31 statements on the going concem basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping adequate accounting records that are Sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the f inancial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the directorsltrustees on 9 December 2025 signed on their behalf by. Aston Wood, Chair 10 Doc ID.. 27cL258dc9fb871004575cd883a20064dcc2a7ac
MARY'S YOUTH CLUB LTD Independent Examinerfs Report to the Trustees For the year ended 31 March 2025 IA company limited byguarantee not having a share capitol Company Registrotion No.- 06734354) I report to the trustees on my examination of the accounts of Mary's Youth Club Ltd for the year ended 31 March 2025. Responsibilities and basis of report The trustees are responsible for preparing the accounts in accordance with the Charities Act 20111'the Act'l. The examination was conducted under section 145 of the 2011 Act, following applicable directions from the Charity Commission. Independent examiner's statement Following the examination, no material matters were identified that suggesL- l. Accounting records were not maintsined as required by section 386 of the Companies Act 2C(>6. 2. The accounts do not agree with those records. 3. The accounts did not comply with the form and content requiremer)ts of the Charities (Accounts and Reports) Regulations 2CQ8. except for providing 3 'true and fair, view, which is outside the scope of an independent examination. No other matters requiring attention for a proper understanding of the accounts were found. Jlts ALEX FRIEDE BAACA Philip Friede & Co Fifth Floor 30-31 Furnival Street London EC4A IJQ Date: 10 December 2025 11 Doc ID.. 27cL258dc9fb871004575cd883a20064dcc2a7ac
MARY'S YOUTH CLUB LTD STATEMENT OF COMPREHENSIVE INCOME Iststement of Financial Activities incorporating the income and expenditure account) For the year ended 31 March 2025 IA company limited byguarontee not hovin8 a share capitol Company Resistrotion No.- 06734354) Unre5trirted Funds Restricted funds 2025 Totsl 2024 Totsl Notes INCOME Donations and grants Income from charitable artivities Investment income 78.960 53.087 13.227 21.926 100,886 74,271 40.528 93,615 106,601 13,227 13,298 2b TOTAL INCOME 145.274 62.454 207.728 194,170 EXPENDITURE Expenditure on Charitable artivities 142.798 62,454 205,252 197,993 TOTAL EXPENDITURE 142.798 62.454 205252 197,993 NET INCOME FOR THE YEAR 2.476 2,476 13.8231 Transfer between funds NET MOVENIENT IN FUNDS 2,476 2,476 13,8231 TOTAL FUNDS BROUGHT FORWARD 314.785 314,785 318.608 TOTAL FUNDS CARRIED FORWARD 317.261 317,261 314,785 The ststement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities 12 Doc ID.. 27cL258dc9fb871004575cd883a20064dcc2a7ac
MARY'S YOUTH CLUB LTD BALANCE SHEET As at 31 March 2025 IA company limited byguarantee not havirvJ o share capital Company Registration No.. 06734354) 2025 Total 2024 Total Note FIXED ASSETS Tangible fixed a55ets 266 533 CURRENT ASSETS Debtors 10.154 14.241 Cash at bank and in hand 313,208 313,619 323,362 327,860 CREDITORS: Amount falling due within one year 16,3671 113,6081 CURRENT ASSEtS NET 316.995 314,252 ASSETS 317,261 314,785 FUNDS OFTHE CHARITY Restricted funds Unrestricted funds General funds Designated funds 246,261 71.0 243,785 71.0(A) 317.261 314,785 TOTAL CHARITY FUNDS 317.261 314,785 These f inancial statements have been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2CM)6. For the financial year ended 31 March 2025 the company was entitled to exemption from audit under Section 477 Companies Act 2(K)6 and no notice has been deposited under section 476. The tru5tee5/director5 acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to the accounting records and the preparation of the financial statements. These financial statements were approved by the directors/tru5tee5 on 9 December 2025_and were signed on their behalf by.. Aston Wood - Chair 13 Doc ID.. 27cL258dc9fb871004575cd883a20064dcc2a7ac
MARY'S YOUTH CLUB LTD NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 IA company limited bysuarontee not hoving o share capitol Company Resistrotion No.- 06734354) l Accounting policies The principal accounting policie5 adopted. judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows= Basis ofprepdrdtion dnd dssessment of going concern The financial statements have been prepared in accordance with Accounting and Reporting by Charities= Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Stsnd3rd applicable in the UK and Republic of Ireland IFRS1021 (effective l January 20151- (Charities SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. Mary's Youth Club Ltd meets the definition of a public benefrt entity under FRS 102. Assets and liabilities are initially recognised at historic21 cost convention or transaction value unless otherwise stated in the relevant accounting policy notels). The directors/trustees consider that there are no material uncertainties about the companvs ability to continue as a going concern. Reconciliation with previous GenerollyAcceptedAccounting Prartice In preparing these f inancial statements the directors/trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 a restatement of comparative items was needed. No reststements were required. Fund accounting The Company s funds are: Unrestricted general funds which are available to be spent in accordance with the charitable object5 of the company. Restricted funds which are donations or grants received that have specific restricted conditions placed on them by the donor or a specific object attsched to them. These funds may therefore only be used for the specific object to which they have been given. Any balance remaining unspent at the end of the year is carried forward as a balance on that particular fund Income All income is accounted for gross in the financial ststements. Donation income is accounted for in full only when received. However, donations received that relate to long term projects are accounted for over the length of the project. Income tax recoverable on Gift Aid donations is recognised when the income is recognised. Grants are recognised as and when the company is legally entitled to the amount due and the amount can be measured with reasonable reliability and certainty. Investment income is accounted for when due and payable. All other income is recognised when it is receivable. 14 Doc ID.. 27cL258dc9fb871004575cd883a20064dcc2a7ac
MARY'S YOUTH CLUB LTD NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 IA company limited bysuarontee not hoving o share capitol Company Resistrotion No.- 06734354) Expenditure Expenditure is accounted for once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure, which is accounted for gross and on an accruals basis, is classified under the activity headings. Expenditure on charitable activities is aptX)rtioned between expense categories based on the consistent use of resources. Support Costs for centrally supplied seNices have been allocated to activity cost categories on the basis of the use of resources applying measure5 such as the usage of floor space and time spent on each activity. Pension costs The company contributes 8°A of gross pay towards an auto-enrolment pension scheme for all qualifying employees. Contributions are charged to the statement of financial activities on an accruals basis. Operating lease The charity did not renew its ten-year lease and licence agreement with St Mary Islington PCC on its expiry on 31 March 2023 but has continued to pay rent on an ad hoc basis to St Mary Islington PCC. Tangible fixed assets Individual items of equipment normally costing £500 or more are capitalised at cost and are depreciated over their estimated economic useful lives on a straight-line basis as follows= Computer equipment- 3 years Debtor5 Trade and other debtors are recognised at the settlement amount Prepayments are valued at the amount prepaid. Specific provision is made against debtors where there is objective evidence that the amount is not fully recoverable. Cash dt bank dnd in hand Cash at bank comprises funds held in current and deposit accounts with major UK banks and financial institutions. There are no short or long term deposits. The amounts held are protected under the Financial Services Compensation Scheme IFSCSI. Creditor5 ondprovision5 Creditors and provisions are recognised where the charity ha5 a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Financial instruments The company only has financial assets and financial liabilities that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. Staff holidays pay The company s employee holiday pay year runs from l April to 31 March. No material unpaid holiday pay liabilities are required to be provided for in this yearfs account5. 15 Doc ID.. 27cL258dc9fb871004575cd883a20064dcc2a7ac
MARY'S YOUTH CLUB LTD NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 IA company limited bysuarontee not hoving o share capitol Company Resistrotion No.- 06734354) 2 Income analysis Unre5tsicted Restricted 2025 Total Funds funds 2024 Total al Donations and grants Individuals Trust & foundations Government 28.666 39.868 10.426 28,666 61.794 10,426 17,425 46,123 10,723 21.926 78,960 21,926 100,886 74,271 2024 ¢7n011$ 32,881 41,390 74,271 Unrestiicted Restricted 2025 Total 2024 Totsl Fund5 funds bl Income from tharitable activities Training fee Trust & foundations Government Sale of items 12.080 5,285 35.(KK) 722 53.087 12.080 45,513 35.3LK) 722 93,615 12,147 52,524 41,884 46 106.601 40,228 3(X) 40.528 2024 analysis 19.739 106.601 Unre5tsicted Restricted 2025 Total 2024 Totsl Fund5 fund5 cl Investment income Dividend income Bank interest 13.127 100 13,127 l(K) 11,954 1,344 13,227 13,227 13,298 2024 andlysis 13,298 13,298 16 Doc ID.. 27cL258dc9fb871004575cd883a20064dcc2a7ac
MARY'S YOUTH CLUB LTD NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 IA company limited bysuarontee not hoving o share capitol Company Resistrotion No.- 06734354) 3 Charitsble Expenditure analysis Unrestricted Restricted Funds funds 2025 Total 2024 Totsl Direct activities Programme equipment Salaries and wages Other staff costs Rent, rates & utilities Off ice consumables Insurance IT and telephone Professional fee Other costs Bank Charges Depreciation 20.180 1.950 94.922 1,5(M) 9.446 449 630 2,108 22,288 1,950 155,268 1,5 9,446 449 630 19,031 2,197 151,150 1,894 7,540 574 1221 236 14,487 570 70 60.346 12.436 109 62 12.436 109 62 266 266 266 142,798 62,454 205.252 197,993 Staff costs 2025 Totsl 2024 Totsl Gross salaries and other payments Employer's NIC Employer's Pension Contribution 138,048 133,612 6,584 6,996 10,636 10,542 155,268 151,150 The average number of staff employed by the company in the period was 512024: 51 No employees eamed more than £60.(K)O in the year to 31 March 2025. In the year to 31 March 2024 there was one employee earning more than £60.OCM) The company provides a defined contribution stskeholder pension scheme for qualifying employees to which it contributes 8%12024.. 8%] of the employee's basic salary. Employees may also make their own contributions to the scheme. 17 Doc ID.. 27cL258dc9fb871004575cd883a20064dcc2a7ac
MARY'S YOUTH CLUB LTD NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 IA company limited bysuarontee not hoving o share capitol Company Resistrotion No.- 06734354) The total remuneration to the key management personnel. including employers Nl and pension, was £48,62212024: £71,063). TANGIBLE FIXED ASSETS Equipment Total Cost At 1st April 2024 799 799 At 31 March 2025 799 799 Depreciation At 1st April 2024 Depreciation At 31 March 2025 266 267 533 266 267 533 Net book values At 31 March 2025 266 266 At 31 Dec 2024 533 533 6 DEBTORS 2025 Total 2024 Totsl Trade debtors 10.154 10,154 14,241 14,241 7 CREDITORS: Amounts due within a year 2025 Total 2024 Totsl Trade creditors Accrual and deferred income Taxation creditor Pension and salary liabilities Other creditors 13,2691 4.878 2.607 1,587 564 6.367 1,113 3,277 2.695 1,722 4,801 13,608 18 Doc ID.. 27cL258dc9fb871004575cd883a20064dcc2a7ac
MARY'S YOUTH CLUB LTD NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 IA company limited bysuarontee not hoving o share capitol Company Resistrotion No.- 06734354) Statement of funds At 1st April 2024 Income Expenditure At 31 March 2025 Unrestricted Funds General fund Designated fund Income generation Unrestricted total 243.785 145.274 1142.7981 246,261 71.CMKJ 314.785 71,0 317.261 145.274 1142,798) Restrirted Funds Youth Club Igenerall 62.454 162,454) Totsl funds for the charity 314.785 207.728 (205.252) 317,261 ststement of fund - prior year At 31 Dec 2023 Income Expenditure At31 March 2024 Unrestrirted Funds General fund Designated fund Income generation 247,608 133,041 1136,8641 243,785 71.LNXI 71,0(X) Unrestricted totsl 318.608 133,041 (136,8641 314.785 Restricted Funds Youth Club Igenerall 61,129 161,1291 Total funds for the charity 318.608 194.170 1197,9931 314,785 Restricted funds for the reported periijd are made up of grants from: Cripplegate Foundation - £13,334 London youth - £26.488 London youth . MOPAC- £14.940 Duke of Edinburgh On - £5.5(KJ Jack Petchey Foundation £ 1.892 James Dellow £3( Designated fund5: £71,000 set aside for the development of a new funding stream for the charity. 19 Doc ID.. 27cL258dc9fb871004575cd883a20064dcc2a7ac
MARY'S YOUTH CLUB LTD NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 IA company limited bysuarontee not hoving o share capitol Company Resistrotion No.- 06734354) Analysis of net assets by fund Unrestricted Unrestricted Restricted general funds designated funds funds 2025 Total 2024 Totsl Represented by: Tangible fixed assets Current a55ets Current liabilities 266 266 533 252.362 16,3671 71.lJJ) 323,362 327,860 16.3671 113,6081 246,261 71,IKM) 317.261 314,785 11 Interests of the companvs directors in transactions There were no transactions between the director5 and the company during this year or last year. 12 Related Party transactions The company paid rent of £ 7.05012024= £8.297 to St Mary Islington PCC in the year on an ad-hoc basis. Prior year SOFA Unrestricted Fund5 Restricted funds 2024 Total Notes INCOME Donations and grants Income from charitsble activities Investment income 2a 2b 32,881 86,862 13.298 41,390 74,271 19,739 106,601 13,298 TOTAL INCOME 133.041 61.129 194.170 EXPENDITURE Expenditure on Charitable activities 136,864 61,129 197,993 TOTAL EXPENDITURE 136,864 61.129 197,993 NET INCOME FOR THE YEAR 13.8231 13.8231 Transfer between funds NET MOVEMENT IN FUNDS 13.8231 13.8231 TOTAL FUNDS BROUGHT FORWARD 318.608 318,608 TOTAL FUNDS CARRIED FORWARD 314.785 314.785 20 Doc ID.. 27cL258dc9fb871004575cd883a20064dcc2a7ac