MITALEE YOUTH ASSOCIATION REPORT AND ACCOUNTS 

31 March 2023 

Charity Number: 1130404 



## MITALEE YOUTH ASSOCIATION For year ended 31 March 2023 Contents 

a 

||Page|
|---|---|
|Charity Information|3|
|Report ofthe Trustees<br>Report ofthe Accountant|4-5<br>6|
|Statement of Financial Activities|7|
|Balance sheet|8|
|NotestotheFinancialStatements|9to10|



2 



## MITALEE YOUTH ASSOCIATION For year ended 31 March 2023 Charlty Information 

|a|a|a|
|---|---|---|
|Trustees:|MrAlal Khan|Chairman|
||Mr Mahmudul Hoque|Treasurer|
||MrAshukAhmed MBE|Member|
||Mr Shopan Miah|Member|
||Mr Muhtasim Ahmed|Member|
|CharltyNumber:|1130404||
|PrincipalOffice:|Groundfloor||
||42 Liverpool Road||
||Luton||
||Bedfordshire||
||LU1 1RS||
|Accountant:|VertexAccountants<br>McKenzie House (Top Ficor)||
||410-112 Leagrave Road||
||Luton||
||Bedfordshire||
||United Kingdom||
||LU4 BHX||
|Bank:|Barclays Bank Pic<br>George Street||
||Luton||
||Bedfordshire||
||LU12AX||



3 



MITALEE YOUTH ASSOCIATION For year ended 31 March 2023 TRUSTEES REPORT 

ney The trustees are pleased to present their report together with the financial statements of the charity for the year ending 31 March 2023. 

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 activitles as a means of: 

(a) advancing in life and helping young people by developing thelr 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. 


**----- Start of picture text -----**<br>
||||
|---|---|---|
|Mr Alal|Khan|Chairman|
|Mr Mahmudul|Hoque|Treasurer|
|Mr Ashuk Ahmed|MBE|Member|
|Mr Shopan|Miah|Member|
|Mr|Muhtasim Ahmed|Member|

**----- End of picture text -----**<br>


The trustees are eligible, in committee, to appoint additional trustees under the terms of the 

constitution. 

4 



MITALEE YOUTH ASSOCIATION For year ended 31 March 2023 

TRUSTEES REPORT 

## re 

## 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 provide benefit both to those who attend our provisions and the wider community of Luton. 

## Review of Transactlons and Financial Position: 

The financial position of the charity is very secure with net fund of £52,643.00 as at 31 March 2023. 

## Statement of Trustees’ Responsibilities: 

Under the Charities Act 2011, the trustees are required to prepare a statement 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: 

e select suitable accounting policies and apply them consistently, ¢ make judgements and estimates that are reasonable and prudent, e state whether applicable accounting standards and statements of 

recommended practice has 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 

it is Inappropriate to presume that the charity will continue it operations. 

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity at that time and to enable the trustees to ensure that any statement 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 detection of fraud and other irregularities. 

Approved by the Trustees on 26" July 2023 and signed on their behalf 

Mr Alal Khan 

Chairman 

5 



## Report to the trustee on the preparation of the unaudited accounts of MITALEE YOUTH ASSOCIATION For year ended 31 March 2023 Charity No:1130404 

| have examined the accounts on page 8 to 10, which have been prepared on the basis of accounting policies set out on page 9. 

## Respective responsibilities of trusteas and examiner 

The Charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit fs not required for this year under Section 44 of the Charities Act 2011 (the Charitles Act) and that an independent examination is needed. 

## itis my responsibility to: 

- examine the accounts under Section 145 of the Charities Act. 

- to follow the procedures laid down in the general directions give by the charity Commission {under section 145(5){b} of the Charities Act) and 

- to state whether particular matters have come to my attention. 

## Basis of Independent examiner'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 a comparison of the accounts presented with those records. it also includes consideration of 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 to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. 

## Independent examiner's statements 

In connection with my examination, no matter has come to 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 with section 130 of the 2011 Act; and - to prepare accounts which accord the accounting records and comply with the accounting requirements of the 2011 Act. 

Vertex Accountants McKenzie House {Top Floor) 110-112 Leagrave Road Luton Bedfordshire United Kingdom LU4 8HX 

: 

6 



## MITALEE YOUTH ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES 

For the year ended 31 March 2023 


**----- Start of picture text -----**<br>
|||||||||
|---|---|---|---|---|---|---|---|
|I|
|Notes|Unrestricted|Restricted|
|Funds|Funds|2023|2022|
|£|£|:|£|
|Incoming|Resources|
|Grant and|Donations|2|21,597|37,667|59,264|97,993|
|21,597|37,667|59,264|97,993|
|Resources|Expended|
|Charitable|activities|3|94,425|94,425|49,059|
|General Overhead|§,272|5,272|2,080|
|Govemance|Costs|5|575|575|575|
|Total|Resources Expended|5,847|94,425|100,272|51,714|
|Net incoming|/ (Outgolng|Resources)|15,750|(56,758)|(41,008)|46,279|
|Reconciliation|of|Funds:|
|Total|funds,|brought forward|31,194|62,457|93,651|47,372|
|Total|funds,|carried|forward|46,944|5,699|52,643|93,651|
|SS|Fa|9|nl|oo —X =|

**----- End of picture text -----**<br>


7 



‘ 

## MITALEE YOUTH ASSOCIATION Balance Sheet as at 31 March 2023 

|MITALEE YOUTH ASSOCIATION<br>Balance Sheet as at 31 March 2023|MITALEE YOUTH ASSOCIATION<br>Balance Sheet as at 31 March 2023|MITALEE YOUTH ASSOCIATION<br>Balance Sheet as at 31 March 2023|MITALEE YOUTH ASSOCIATION<br>Balance Sheet as at 31 March 2023|MITALEE YOUTH ASSOCIATION<br>Balance Sheet as at 31 March 2023|MITALEE YOUTH ASSOCIATION<br>Balance Sheet as at 31 March 2023|
|---|---|---|---|---|---|
|I||||||
||Notes||2023||2022|
|||£|g|£|£|
|Flxed assets||||||
|Tangibleassets|4||1405||1874|
|CurrentAssets||||||
|Cash in hand and atBank||54,950<br>54,950||93,934<br>93,934||
|Creditors||||||
|Amountsfallingduewithin oneyear|§ -|3,712||- 2,157||
|NetCurrentAssets|||51,238||91,777|
|NetAssets|||52,643<br>oe||93,651<br>aoe|
|Total Funds of the Charity||||||
|Unrestrictedfunds B/F<br>Restricted funds B/F<br>Unrestricted funds<br>Restricted funds|||31,194<br>62,457<br>15,750<br>~ 56,758<br>52,643||21,916<br>25,456<br>9,278<br>37,001<br>93,651|



These Accounts were approved by the Trustees on 28th July 2023. 

Mr Alal Khan Chair of the Management Committee VI Mr Mahmudui Hoque Treasurer 

The notes on pages 9 to 10 form part of these accounts 

8 



. 

## MITALEE YOUTH ASSOCIATION Notes to the Accounts For year ended 31 March 2023 

. 

## 1. Accounting Pollcies 

The following accounting policles have been used consistently in dealing with Items which are considered material in relation to the flnanclal statements. 

1.1 Basle of Accounting The financlal 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 policles adopted in the preparation of the financla! statements are set out below. 

4.2 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 hava not been fulfilled, then the income Is deferred. The income from fundraising ventures is shown gross, with the associated costs included In fundralsing costs. 

## 1.3 Resources Expended 

All expenditure is accounted for on an accruals basis and has been fisted under headings that aggregate all the costs related to the activity. Where costs cannot be directly attributed they have been allocated to activitles 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 constitutlonal and statutory requirements. 

1.4 Tangible fixed assets and depreciation Tangible fixed assets costing more than £500 are capitallsed and included at cost Including any incidental costs of acquisition Depreciation is provided on furniture & equipment at the rate of 25% on cost. 

|2,GrantandDonations|Unrestrict<br>edFunds|Restricted<br>Funds|2,023|2022|
|---|---|---|---|---|
||£|£|£|£|
|Big Lottery(MalnGrants)<br>OtherGrants and Donations<br>Beds& LutonCom<br>NationalHerltageFund<br>CYCD (LutonBorough Council)<br>GarfieldWeston Foundation<br>ESC LotteryFund|21,597<br>21,597|-<br>-<br>12,667<br>-<br>“<br>26,000<br>:<br>37,667|:<br>21,597<br>12,687<br>:<br>-<br>25,000<br>:<br>59,264|9,960<br>11,933<br>§,000<br>28,100<br>8,000<br>256,000<br>10,000<br>97993|



9 



## MITAILEE YOUTH ASSOCIATION 

|MITAILEE YOUTHYOUTH ASSOCIATION|MITAILEE YOUTHYOUTH ASSOCIATION||||||
|---|---|---|---|---|---|---|
|Notes tothe Accounts|||||||
|Foryearended 31 March 2023|||||:||
|3.Costof Charitable activities||Baals of<br>Allocation|Tralning&<br>Development||2,023|2022|
|:<br>.<br>:|||£||£|£|
|Tutors/Staffcost<br>Venue Hire/Rent&OtherFees<br>EquipmentExpenses<br>{nsurance<br>Printing,PostageandStationary<br>Training&Welfare<br>Advertising andPR<br>Events&Activitles<br>Otherlegaland prof<br>Depreciation<br>Donation/Food Programm<br>Repairsand maintenance<br>Wagesandsalaries||Direct<br>Direct<br>Direct<br>Direct<br>Direct<br>Direct<br>Direct<br>Direct<br>Direct<br>Direct<br>Direct<br>Direct<br>Direct|17,024<br>42,000<br>4,690<br>273<br>242<br>4,868<br>4,795<br>23,231<br>-<br>468<br>-<br>803<br>37,303<br>99,697||47,024<br>12,000<br>4,690<br>273<br>242<br>4,868<br>4,795<br>23,231<br>-<br>468<br>-<br>802<br>37,303<br>99,697|20,368<br>1,200<br>-<br>332<br>210<br>6,994<br>-<br>1,938<br>105<br>624<br>10,012<br>46<br>9,316<br>61139|
|4.Tangible Fixed Assets||.|Leasehold|Furnkuraanc||Total|
||||L&B|Equipment|||
||||£||£|£|
|Cost<br>At1 April 2022<br>Addlitlons during theyear<br>Asal31 March2023|||-<br>-<br>See,<br>a|8,323<br>8,323<br>-<br>0<br>em<br>O1923<br>923.|||
|Dapreclation<br>At 1 April 2022<br>Charge fortheyear<br>Asat 314 March2023|||rE|6,449<br>468<br>6,917<br>——————— ——||§825<br>824<br>6449|
|Net Book Values<br>As at34 March 2022<br>As at31 March 2023|||-<br>-<br>aaa|1,874<br>2,498<br>4,405<br>4,874<br> ee Sn nod|||
|||Baals of|||||
|6.Governance Cost||Allocation|Governance||2023|2022|
|AccountancyFee||Direct|||575|575|
||||||575|575|
|8. Creditors: amounts falling due<br>withinoneyear|||||||
||Accruals||||575|575|
|||||~~|875|675|



: : : 

10