Active Horizons Annual Report and Financial Statements For the year ended 31 March 2021
Charity No: 1134630
Active Horizons
Annual accounts for the year end 31 March 2021 Trustees’ Annual Report
Objectives and Activities
Objects
The charity’s objects are to act as a resource for young people up to the age s 25 living in London and surrounding area 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 to participate in society as independent and responsible individuals;
(b) Advancing education;
(c) providing recreational and leisure activities in the interest of social welfare for people living in the area of benefit who have need by reason of their age, infirmity or disability, poverty or social and economic circumstances with a view to improving the conditions of life of such persons.
Constitution
The Charity was registered as a charity with the Charity Commission under registration number 11346630 on 3 March 2010.
Significant activities
The charity conducted projects for young people with the following activities:
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Young people’s participation in decision making processes;
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Youth Leadership and Development;
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Business enterprise start up training;
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Youth mentoring;
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Community cohesion and cultural integration; and
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Employment Support.
Volunteers
During the period ended 31 March 2021 the charity relied a great deal on volunteers to perform a variety of tasks accounting writing bids, events, administration and managements.
Achievements and Performance
Charitable activities
A summary of results for the year is shown on page 4 of the accounts. The trustees consider that the performance of the charity has been progressive and satisfactory. Total income for the year was £153,913. Total expenditure was £123,580. Total fund reserves as at 31 March 2021 amount to £38,801.
Internal and external factors
The trustees are very grateful to the donors for their kind support.
Financial Review
Reserves policy
The Trustees have deemed it prudent to have a policy of having unrestricted funds held by the charity of at least six months of resources. They will be making efforts to achieve this.
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Active Horizons Charity No: 1134630 Annual accounts for the year end 31 March 2021 Trustees’ Annual Report (continued)
Financial Review (continued)
Future developments
The charity will in the future further develop crime reduction programmes, arts and community festival events to enhance community cohesion in the local area and develop skills for young people.
Structure, Governance and Management
Governing
The charity is an unincorporated association which is controlled by a constitution adopted 6 April 2009 as amended by special resolution 1 February 2010.
Organisational Structure
The trustees meet when required and at least annually to review the strategy of charity.
Risk Management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Reference and Administrative details
Charity name: Active Horizons Registered charity number: 1134630 Charity’s principal address: Community Hub Admson Court Dell View Road Erith DA8 3FG
Names of the charity trustees who manage the charity are: Cynthia Mukoko (Chair) Oasis Azeez-Harris Simbarashe Tome Tresuarer Tanaka Mombe
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature:________
Full name: Cynthia Mukoko
Date: 26 January 2022
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Independent examiner's report on the accounts
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Independent Examiner’s Report
Report to the
Active Horizons
trustees of
On accounts for the
31 March 2021 Charity no: 1134630
year ended
Set out on pages pages 5 to 11
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I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 March 2021.
Responsibilities and basis of report
As the charity's trustees, 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 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
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the accounting records were not kept in accordance with section 130 of the
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Charities Act; or
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the accounts did not accord with the accounting records; or
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Independent examiner's the accounts did not comply with the applicable requirements concerning statement 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.
Signed: Date: 27 January 2022 Name: Brice Musendo
Professional body: Institute of Chartered Accountants in England and Wales (Membership No.: 1604375)
Address: VE Accounting Services Limited Chartered Accountants 125 Temple Hill Dartford DA1 5TU
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Active Horizons Charity No: 1134630
Annual accounts for the year end 31 March 2021
Statement of financial activities
| Recommended categories by activity Incoming resources (Note 3) Income and endowments from: Donations and legacies Other Resources expended (Note 5) Expenditure on: Charitable activities Other Net gains/(losses) on investments Reconciliation of funds: Net movement in funds Total funds brought forward Total funds carried forward Total Net income/(expenditure) Net income/(expenditure) Total |
Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F03 F04 F05 69,727 84,050 - 153,777 34,345 136 - - 136 706 |
|---|---|
| 69,863 84,050 - 153,913 35,051 |
|
| 20,802 87,488 - 108,290 27,983 13,946 1,344 - 15,290 3,079 |
|
| 34,747 88,832 - 123,580 31,062 |
|
| 35,115 (4,782) - 30,333 3,989 |
|
| - - - - - |
|
| 35,115 (4,782) - 30,333 3,989 35,115 (4,782) - 30,333 3,989 |
|
| 799 7,669 - 8,468 4,479 |
|
| 35,914 2,887 - 38,801 8,468 |
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Charity No: 1134630
Active Horizons
Annual accounts for the year end 31 March 2021
Balance sheet
| Fixed assets Tangible assets (Note 8) Total fixed assets Current assets Debtors Cash at bank and in hand (Note 9) Total current assets Creditors: amounts falling due within one year (Note 10) Net current assets/(liabilities) Total assets less current liabilities Total net assets or liabilities Funds of the Charity Restricted income funds (Note 12) Total funds Signed on behalf of all the trustees |
Unrestricted funds £ F01 5,831 |
Restricted income funds Endowment funds Total this year Total last year £ £ £ £ F02 F03 F04 F05 - - 5,831 2,284 |
|---|---|---|
| 5,831 | - - 5,831 2,284 |
|
| - 32,665 |
- - - - 2,887 - 35,551 7,264 |
|
| 32,665 | 2,887 - 35,551 7,264 |
|
| - - 2,581 1,080 |
||
| 2,581 | ||
| 30,083 | 2,887 - 32,970 6,184 |
|
| 35,914 | 2,887-38,801 8,468 |
|
| 35,914 | 2,887 - 38,801 8,468 |
|
| 35,914 | 2,887 38,801 4,479 |
|
| 35,914 | 2,887 - 38,801 4,479 |
|
| Date of approval dd/mm/yyyy 26/01/2022 Cynthia Mukoko Print Name Signature |
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Annual accounts for the year end 31 March 2021 Section C Notes to the accounts
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Active Horizons Charity No: 1134630
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Note 1: Basis of preparation
1. Basis of accounting
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with (i) the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014, (ii) the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), and (iii) the Charities Act 2011.
Note 2: Accounting policies 2.1 INCOME
Recognition of income Income is included in the Statement of Financial Activities (SoFA) when: the charity becomes entitled to the resources; it is more likely than not that the trustees will receive the resources; and the monetary value can be measured with sufficient reliability. There has been no offsetting of assets and liabilities, or income and expenses, unless Offsetting required or permitted by the FRS 102 SORP or FRS 102. Grants and donations are only included in the SoFA when the general income recognition Grants and donations criteria are met (5.10 to 5.12 FRS102 SORP). In the case of performance related grants, income is recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP). Government grants The charity has received government grants in the reporting period Support costs The charity has incurred expenditure on support costs. The value of any voluntary help received is not included in the accounts but is described Volunteer help in the trustees’ annual report.
2.2 EXPENDITURE AND LIABILITIES
Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Support costs have been allocated between governance costs and other support. Governance and support Governance costs comprise all costs involving public accountability of the charity and its costs compliance with regulation and good practice. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. Where the charity gives a grant with conditions for its payment being a specific level of Grants with performance service or output to be provided, such grants are only recognised in the SoFA once the conditions recipient of the grant has provided the specified service or output. Where there are no conditions attaching to the grant that enables the donor charity to Grants payable without realistically avoid the commitment, a liability for the full funding obligation must be performance conditions recognised.
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| Active Horizons Annual accounts for the year end 31 March |
Charity No: 1134630 2021 |
|
|---|---|---|
| Notes to the accounts (continued) |
Deferred income
Creditors
Provisions for liabilities
No material item of deferred income has been included in the accounts.
The charity has creditors which are measured at settlement amounts less any trade
A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date
2.3 ASSETS
Tangible fixed assets for use by charity
Debtors
These are capitalised if they can be used for more than one year, and are valued at cost. The depreciation rates and methods used are disclosed in note 9.2.
Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.
Note 3 Analysis of income
| TOTAL INCOME Donations and legacies: |
Unrestricted funds Restricted income funds Total funds Prior year £ £ Donations and gifts 632 - 632 5,685 General grants provided by government/other charities 69,095 84,050 153,145 28,661 Total 69,727 84,050153,777 34,345 Other 136 - 136 706 Total 136 -136 706 69,863 84,050 153,913 35,051 Analysis |
|---|---|
Note 4 Analysis of receipts of government grants
| Government Government Other Other Other Other Other Other |
Total Trust for London Description City of London Orbit Group LTD The London Community Foundation Bulldog Trust Groundwork UK LandAid London Borough Bexley |
This year Last year £ £ 10,000 19,161 67,745 - 29,100 - 10,000 - 7,500 - 500 - 9,050 - 19,250 9,500 |
|---|---|---|
| 153,145 28,661 |
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Charity No: 1134630
Active Horizons
Annual accounts for the year end 31 March 2021 Notes to the accounts (continued)
Note 5 Analysis of expenditure
| Travel and subsistence Postage and courier Charitable donations Information and publications TOTAL EXPENDITURE Total other expenditure Telephone and internet Bank charges IT Software and Consumables Staging fundraising events Analysis Expenditure on raising funds: Incurred seeking grants Total expenditure on charitable activities Other Professional and consultancy Depreciation expense Repairs and maintenance Expenditure on charitable activities Accountancy fees Rent and rates Total expenditure on raising funds Volunteer expenses Education and training Incurred seeking donations Staff costs Project Activities |
Unrestricted funds Restricted income funds Total funds Prior year £ £ - - - - - - - - 15,332 17,633 32,965 7,250 - 8,126 8,126 1,406 576 11,700 12,276 4,350 - 25,466 25,466 4,663 - 24,277 24,277 9,770 966 - 966 - 1,046 286 1,332 - 2,882 - 2,882 1,614 20,802 87,488 108,290 29,053 1,344 - 1,344 1,344 148 - 148 480 682 - 682 40 72 - 72 72 2,183 1,344 3,527 - 9,197 - 9,197 73 310 - 310 - 10 - 10 - 13,946 1,344 15,290 2,009 34,747 88,832 123,579 31,062 |
|---|---|
| Note 6 Details of certain items of expenditure | Note 6 Details of certain items of expenditure | Note 6 Details of certain items of expenditure | Note 6 Details of certain items of expenditure | ||||
|---|---|---|---|---|---|---|---|
| Fees for examination of the accounts | |||||||
| This year | Last year | ||||||
| £ | £ | ||||||
| Independent examiner’s fees | 360 | 360 | |||||
| Other fees (for example: financial advice, consultancy, | accountancy | 984 | 984 | ||||
| 7.1 Staff Costs | |||||||
| This year | Last year | ||||||
| £ | £ | ||||||
| Salaries and wages | 32,489 | 7,250 | |||||
| Pension costs (defined contribution scheme) | 408 | - | |||||
| Other employee benefits | 67 | - | |||||
| Total staff costs | 32,965 | 7,250 | |||||
| 7.2 Average head count in the year | This year Number |
Last year Number |
|||||
| The parts of the charity in which the employees work | Charitable Activities | 3 | 1 | ||||
| Governance | 2 | 1 | |||||
| Total | 5 | 2 |
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Charity No: 1134630
Active Horizons Charity No: Annual accounts for the year end 31 March 2021 Notes to the accounts (continued)
Note 8 Tangible fixed assets Please complete this note if the charity has any tangible fixed assets 8.1 Cost or valuation
| 8.1 Cost or valuation | |
|---|---|
| At the beginning of the year Additions Revaluations Disposals Transfers * At end of the year |
Computer equipment Fixtures, fittings and equipment Total £ £ £ - 4,841 4,841 4,857 1,572 6,429 - - - - - - - - - |
| 4,857 6,413 11,270 |
8.2 Depreciation and impairments
| **Basis | Straight Line | Straight Line | Straight Line | ||
|---|---|---|---|---|---|
| ** Rate | 33% |
33% | |||
| At beginning of the year | - | 2,557 | 2,557 | ||
| Disposals | - | - | - | ||
| Depreciation | 1,268 | 1,614 | 2,882 | ||
| Impairment | - | - | - | ||
| Transfers* | - | - | - | ||
| At end of the year | 1,268 | 4,170 | 5,438 | ||
| 8.3 Net book value | |||||
| Net book value at the beginning of the year | - | 2,284 | 2,284 | ||
| Net book value at the end of the year | 3,589 | 2,242 | 5,831 |
Note 9 Cash at bank and in hand
Cash at bank and on hand
Note 10 Creditors and accruals
Analysis of creditors
Accruals
| This year | Last year | |
|---|---|---|
| £ | £ | |
| 35,551 | 7,264 | |
| Total | 35,551 | 7,264 |
| Amounts | ||
| This year | Last year | |
| £ | £ | |
| 1,200 | 1,080 | |
| Total | 1,200 | 1,080 |
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Active Horizons Charity No: 1134630
Annual accounts for the year end 31 March 2021
Notes to the accounts (continued)
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Note 12 Charity funds
12.1 Details of material funds held and movements during the CURRENT reporting period
- Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds
| Fund | Fund | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| balances | balances | ||||||||||
| Type PE, EE **R or UR *** |
Purpose and Restrictions |
brought forward |
Income | Expenditure | Transfers | Gains and losses |
carried forward |
||||
| Fund names | £ | £ | £ | £ | £ | £ | |||||
| Increase participation and engagement | |||||||||||
| Main Fund | R | BME young people in Bexley | 7,668 | 84,050 | (88,832) | - | - | 2,886 | |||
| Other charitable activities, space rental & | |||||||||||
| Other funds | UR | administration | 799 | 69,863 | (34,747) | - | - | 35,914 | |||
| Total Funds | 8,468 | 153,913 | (123,579) | - | - | 38,801 |
12.2 Details of material funds held and movements during the PREVIOUS reporting period
* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds
| Fund | Fund | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| balances | balances | |||||||||
| Type PE, EE **R or UR *** |
Purpose and Restrictions |
brought forward |
Income | Expenditure | Transfers | Gains and losses |
carried forward |
|||
| Fund names | £ | £ | £ | £ | £ | £ | ||||
| Support BME young people with Autism | ||||||||||
| Main fund | R | and ADHD | 4,479 | 33,182 | (29,993) | - | - | 7,668 | ||
| Other funds | UR | Space rental and administration | - | 1,869 | (1,070) | - | - | 799 | ||
| Total Funds | 4,479 | 35,051 | (31,063) | - | - | 8,468 |
12.3 Designated funds
Planned use Purpose of the designation
Amount
Promote active citizenship and Providing advice and assistance and organising programmes of physical, educational and other activities as a means of: (a) participation to disadvantaged young advancing in life and helping young people by developing their skills, capacities and capabilities to enable them to participate in people aged 13- 25 years particularly society as independent, mature and responsible individuals; (b) advancing education (c) providing recreational and leisure time 2,886 from the black and minority ethnic 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 living in London borough of Bexley. or disability, poverty or social and economic circumstances with a view to improving the conditions of life of such persons.
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