## **MITALEE YOUTH ASSOCIATION**
## **REPORT AND ACCOUNTS**
## **31 March 2022**
**Charity Number: 1130404**
## **MITALEE YOUTH ASSOCIATION For year ended 31 March 2022 Contents**
||**Page**|
|---|---|
|Charity Information|3|
|Report of the Trustees|4-5|
|Report of the Accountant|6|
|Statement of Financial Activities|7|
|Balance sheet|8|
|Notes to the Financial Statements|9 to 10|
2
## **MITALEE YOUTH ASSOCIATION For year ended 31 March 2022 Charity Information**
|Trustees:|Mr Alal Khan|Chairman|
|---|---|---|
||Mr Mahmudul Hoque|Treasurer|
||Mr Ashuk Ahmed MBE|Member|
||Mr Shopan Miah|Member|
||Mr Muhtasim Ahmed|Member|
|Charity Number:|1130404||
|Principal Office:|Ground floor||
||12 Liverpool Road||
||Luton||
||Bedfordshire||
||LU1 1RS||
|Accountant:|Vertex Accountants||
||McKenzie House (Top Floor)||
||110-112 Leagrave Road||
||Luton||
||Bedfordshire||
||United Kingdom||
||LU4 8HX||
|Bank:|Barclays Bank Plc||
||George Street||
||Luton||
||Bedfordshire||
||LU1 2AX||
3
## **MITALEE YOUTH ASSOCIATION TRUSTEES REPORT For year ended 31 March 2022**
The trustees are pleased to present their report together with the financial statements of the charity for the year ending 31 March 2018.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Charity’s Constitution, applicable law and the requirements of the Statement of Recommended Practice, " Accounting and Reporting by Charities" issued in March 2005.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **OBJECTIVES AND ACTIVITIES**
The Charity's objectives are:
''To act as a resource for young people in particular but not exclusively those living in Luton and surrounding areas by providing advice and assistance and organising programmes of physical, educational and other activities as a means of:
(a) 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:
(b) advancing education for children, young people and their families.
(c) providing recreational and leisure time activity in the interests of social welfare for people living in the area of benefit who have need by reason of their youth, age, infirmity of disability, poverty or social and economic circumstances with a view to improving the conditions of life of such persons.''
## **Trustees and/or principal officers:**
The following officers of the charity have held office for the whole of the year.
Mr Alal Khan Chairman Mr Mahmudul Hoque Treasurer Mr Ashuk Ahmed MBE Member Mr Shopan Miah Member Mr Muhtasim Ahmed Member The trustees are eligible, in committee, to appoint additional trustees under the terms of the constitution.
## **Activities and Achievements** :
How our activities deliver public benefit:
The charity carries out a wide range of activities in pursuance of its charitable aims. The trustees consider that these activities, summarised below, provide benefit both to those who worship at our Centre and the wider community of Luton.
## **Accredited Training Programmes:**
The Diverse Community Media & Training Ltd offer accredited training programmes, including introduction of range of new programmes e.g. Certificate in introduction into Youth Work, Employability Skills, Sexual Health, SIA Door supervisor, Stewarding, Personal Awareness, Health and Safety at work and Safeguarding.
## **Review of Transactions and Financial Position:**
The financial position of the charity is very secure with net fund of £91,818.00 as at 31 March 2018.
## **Statement of Trustees' Responsibilities:**
Under the Charities Act 2011, the trustees are required to prepare a statements of accounts for each financial year which gives a true and fair view of the state of affairs of the charity at the end of the financial year and of the incoming recourses in the year. In preparing the statement the trustees are required to:
- *select suitable accounting policies and apply them consistently,
- *make judgements and estimates that are reasonable and prudent,
- *state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the statements of accounts.
- *prepare the financial statements on the going concern basis unless
4
MITALEE YOUTH ASSOCIATION
For year ended 31 March 2022
TRUSTEES REPORT
Activitles and Achievements..
How our activities deliver public benefit:
The charity carries out a wide range of aclivilies in pursuance of its charitable aims. The
Iiubletts coiisider that these activitie3 providc bcncfil both lo those who allend our provisions
and the wider community of Lulon.
Revlew of Transactions and Financlal Position:
The financial position of the ¢harily is very secure wlh nel fund of £93651.00 as al 31 March
2022.
Statement of Trustees. Responslbilitiès:
Under the Charities Act 2011, the trustees are required lo prepare a siaiemeni of accounts
for each financial year which gives a true and fair view of Ihe slate of affairs of the charity al
Iliv end of the financial year and of Ihc incoming recourgbs in the yÈar. In preparing Ihg
slalemenl
Ihe trustees are required lo-
select suitable a¢counlin9 policies and apply them consislenlly.
make judgements and estimates that are reasonable and prudent,
stale whether applicable accounting slandards and statements of
recommended practice has been followed. subject lo any malerlal
departures dlsclosed and explained in the slalements of accounts.
prepare the financial stalemenls on the going concern basis unless
il is Inappropriate lo presume that the charity will continue il operations.
The Iruslees are responsible (or keeping proper accounting records which disclose with
reasonable accuracy al any lime the financial position of the charity al that time and to enable
the trustees lo ensure that any slalement of account prepared by them complies with the
regulations under section 130 of the Charities Act 2011.They are also responsible for
safeguarding the assets of the trust and hence for taking reasonable steps for the prevention
and deleclion of fraud and other irregularities.
Approved by the Trustees on 1f> August 1022 and signed on ihelr behalf
Mr Alal Khan
Chairman
Report to the trustee on the preparation of the unaudited accounts of
MITALEE YOUTH ASSOCIATION
For year ended 31 March 2022
Charity No:1130404
I have examined the accounts on page 8 10 10, which have been prepared on the basis of
accounting policies sel out on p8ge 9.
Respèctlve responsibilities of trustees and examiner
The Charity's trustees are responsible lor the preparation of the accounts. The charity's trustees
consider that an audit is not required for this year under Section 44 of the Charities Act 2011 Ilhe
Charities Acll and that an independent exarnination is needed.
It is my responsibility to..
examine the accounts under Section 145 of the Charities Act.
lo follow the procedures laid down In the general directions give by the charity Commission
(under section 14515llbl of the Charities Acll and
lo state whether particular mallers have come to my attention.
Basls of Independent examin9r's statement
My examination was carried out in accordance with general directions given by the Charity
Commission. An examination includes review of the accounting records kept by the charity and
comparison of the accounts presented with those records.11 also includes ConsideratOn ol any
unusual Items or disclosures in the accounts, and seeking explanations from the trustees
concerning any such matters. The procedures undertaken do not provide all the evidence that
would be required In an audit. and consequently no opinion is given as lo whether the accounts
present a 'lrue and fair, view and the report is limited to those matters sel out in the slalemenl
below.
Indgp9ndent examinerfs statements
In connection with my examination, no maller has come lo my attention which gives me any
reasonable cause to believe that, in any material respect, the requirements have not been met..
to keep accounting records in accordance wrth section 130 of the 2011 Act., and
to prepare accounts which accord the accounting records and cornply with the accounting
requirements
the 2011 Act.
Vertex Accountants
McKenzie House (Top Floor)
110-112 Leagrave Road
Lulon
Bedfordshire
United Kingdorn
LU4 8HX
## **MITALEE YOUTH ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31 March 2022**
**----- Start of picture text -----**
Unrestricted Restricted
Notes 2022 2021
Funds Funds
£ £ £
Incoming Resources
Grant and Donations 2 11,933 86,060 97,993 31,161
11,933 86,060 97,993 31,161
Resources Expended
Charitable activities 3 49,059 49,059 36,020
General Overhead 2,080 2,080 1,527
Governance Costs 5 575 575 300
Total Resources Expended 2,655 49,059 51,714 37,847
Net Incoming / (Outgoing Resources) 9,278 37,001 46,279 (6,686)
Reconciliation of Funds:
Total funds, brought forward 21,916 25,456 47,372 54,058
Total funds, carried forward 31,194 62,457 93,651 47,372
**----- End of picture text -----**
7
MITALEE YOUTH ASSOCIATION
Balance Sheet as at 31 March 2022
Notes
2022
2021
Flxèd assets
Tangiblè as6è18
1A74
2498
Current
Cash in hand and at Bank
93,934
93,934
45.174
45,174
Crèditors
Amounts falllng duè withln one year
2.157
300
Net Current As
44.874
Nèl Assets
93,651
47,372
al Funds ol
h8 Charlt
Unrèslricled lund5 BIF
Reslricled funds BIF
Unreslricled lunds
Restricted funds
21,916
25,456
9,278
37,001
93,651
23,743
30,315
1,827
4,859
47,372
These ACCOUfllS were appruv¥LJ by Ilie Trusteets on 16th Augutst 2022.
Mr Alal Khan
Chair tsf the Managemènt Committee
Mf Manmudul Hoque
Treasurer
Thp. nnlè* tsn pages g 10 10 lorm part ol Ihese accounts
**MITALEE YOUTH ASSOCIATION Notes to the Accounts For year ended 31 March 2022**
## **1. Accounting Policies**
The following accounting policies have been used consistently in dealing with items which are considered material in relation to the financial statements.
## **1.1 Basis of Accounting**
The financial statements have been prepared under the historical cost convention and in accordance with the applicable Accounting Standards , the Statement of Recommended Practice “Accounting and Reporting by Charities” published in March 2005. The principal accounting policies adopted in the preparation of the financial statements are set out below.
## **1.2 Incoming Resources**
Voluntary income and donations are included in incoming resources when they are receivable, except when the donors specify that they must be used in future accounting periods or donors’ conditions have not been fulfilled, then the income is deferred. The income from fundraising ventures is shown gross, with the associated costs included in fundraising costs.
## **1.3 Resources Expended**
All expenditure is accounted for on an accruals basis and has been listed under headings that aggregate all the costs related to the activity. Where costs cannot be directly attributed they have been allocated to activities on a basis consistent with the use of the resources.
Direct costs, including directly attributable salaries, are allocated on an actual basis to the key strategic areas of activity. Overheads and other salaries are allocated between expenses headings, on the basis of time spent.
Governance costs are those incurred in connection with the management of the Mitalee Youth Association's assets, organisational administration and compliance with constitutional and statutory requirements.
## **1.4 Tangible fixed assets and depreciation**
Tangible fixed assets costing more than £500 are capitalised and included at cost including any incidental costs of acquisition Depreciation is provided on furniture & equipment at the rate of 25% on cost.
|**2. Grant and Donations**
Big Lottery (Main Grants)
Other Grants and Donations
BBC Children in Need
Wixamtree
Beds & Luton Com
National Heritage Fund
CYCD (Luton Borough Council)
Garfield Weston Foundation
ESC Lottery Fund|**Unrestrict**
**ed Funds**
£
11,933
11,933|**Restricted**
**Funds**
£
9,960
-
-
-
5,000
28,100
8,000
25,000
10,000
86,060|**2,022**
**2021**
**£**
£
9,960
-
11,933
-
-
11,311
-
5,000
5,000
9,000
28,100
8,000
5,850
25,000
-
10,000
-
97,993
31161|
|---|---|---|---|
9
## **MITALEE YOUTH ASSOCIATION Notes to the Accounts For year ended 31 March 2022**
|**3. Cost of Charitable activities**
**Basis of**
**Training &**
**Allocation**
**Development**
**£**
Tutors/Staff cost
Direct
20,368
Venue Hire & Other Fees
Direct
1,200
Sponsorship
Direct
-
Insurance
Direct
332
Printing, Postage and Stationary
Direct
210
Training & Welfare
Direct
6,994
Advertising and PR
Direct
-
Events & Activities
Direct
1,938
Other legal and prof
Direct
105
Depreciation
Direct
624
Donation/Food Programm
Direct
10,012
Repairs and maintenance
Direct
46
Wages and salaries
Direct
9,310
51,139
**4. Tangible Fixed Assets**
**Leasehold**
**L&B**
**£**
**Cost**
At 1 April 2021
-
Additions during the year
-
As at 31 March 2022
-
**Depreciation**
At 1 April 2021
Charge for the year
As at 31 March 2022
**Net Book Values**
As at 31 March 2021
-
As at 31 March 2022
-
**Basis of**
**5. Governance Cost**
**Allocation**
**Governance**
Accountancy Fee
Direct
**6. Creditors: amounts falling due**
**within one year**
Accruals|**2,022**
**2021**
**£**
**£**
20,368
-
1,200
-
-
500
332
237
210
-
6,994
6,750
-
455
1,938
-
105
168
624
833
10,012
5,112
46
9,310
23,491
51,139
37,546
**Furniture and**
**Total**
**Equipment**
**£**
**£**
8,323
8,323
-
0
8,323
8323
5,825
5825
624
624
6,449
6449
2,498
2,498
1,874
1,874
**2022**
**2021**
575
300
575
300
575
300
**575**
**300**|
|---|---|
10