2023-03-31-accounts

Active Horizons Annual Report and Financial Statements For the year ended 31 March 2023

	Active Horizons		Charity No:	1134630
Annual accounts for the year end 31 March 2023
Trustees’ Annual Report

Objectives and Activities

Objects

The charity’s objects are to act as a resource for young people up to the age of 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:

• Young people’s participation in decision making processes;

• Youth Leadership and Development;

• Business enterprise start up training;

• Youth mentoring;

• Community cohesion and cultural integration; and

• Employment Support.

Volunteers

During the period ended 31 March 2023 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 £332,408 (2022: £269,580). Total expenditure was £369,033 (2022: £262,595 ). Total fund reserves as at 31 March 2023 amount to £9,161 (2022: £45,787).

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.

During the current financial year, the reserves have been depleted to support oversubscription of our programmes which is mainly driven by the impact of the cost of leaving. To date, we have not been selective in terms of the number children we support and we will continue to do so, by sourcing increased funding from both new and existing donors as we believe the work we are doing as a charity makes a difference in the community.

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	Active Horizons		Charity No:	1134630
Annual accounts for the year end 31 March 2023
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: 28 November 2023

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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 2023 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 2023.

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:

• the accounting records were not kept in accordance with section 130 of the

• Charities Act; or

• the accounts did not accord with the accounting records; or

• 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.

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Signed: Date: 29 November 2023
Name: Brice Musendo
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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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Charity No: 1134630

Active Horizons

Annual accounts for the year end 31 March 2023

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 Extraordinary items Reconciliation of funds: Net movement in funds Total funds brought forward Total funds carried forward Total Net income/(expenditure) Net income/(expenditure) Transfers between funds Total	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F03 F04 F05 55,500 273,417 - 328,917 266,576 3,491 - - 3,491 3,004
	58,991 273,417 - 332,408 269,580
	53,653 301,773 - 355,426 241,223 8,405 5,202 - 13,607 21,371
	62,058 306,975 - 369,033 262,594
	(3,067) (33,558) - (36,626) 6,986
	- - - - -
	(3,067) (33,558) - (36,626) 6,986
	- - - - - (26,308) 26,308 - - -
	(29,375) (7,251) - (36,626) 6,986
	37,586 8,201 - 45,787 38,801
	8,211 950 - 9,161 45,787

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Charity No: 1134630

Active Horizons

Annual accounts for the year end 31 March 2023

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 Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05 1,315 2,836 - 4,151 5,257
	1,315 2,836 - 4,151 5,257
	3,387 5,284 - 8,671 14,823 18,366 950 - 19,316 33,734
	21,754 6,234 - 27,988 48,557
	14,857 8,120 - 22,977 8,027
	6,896 (1,886) - 5,010 40,530
	8,211 950-9,161 45,787
	8,211 950 - 9,161 45,787
	8,211 950 9,161 45,787
	8,211 950 - 9,161 45,787
	Date of approval dd/mm/yyyy 28/11/2023 Cynthia Mukoko Print Name Signature

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Charity No: 1134630

Active Horizons Annual accounts for the year end 31 March 2023 Section C Notes to the accounts

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 is included in the Statement of Financial Activities (SoFA) when:
income
	 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 required or permitted by
Offsetting	the FRS 102 SORP or FRS 102.
Grants and	Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to
donations	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.
Volunteer help	The value of any voluntary help received is not included in the accounts but is described 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.
Governance and support costs	Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its 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.
Grants with	Where the charity gives a grant with conditions for its payment being a specific level of service or output to be
performance	provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified
conditions	service or output.
Grants payable without performance	Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for the full funding obligation must be recognised.

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Charity No: 1134630

Active Horizons

Annual accounts for the year end 31 March 2023

Notes to the accounts (continued)

Deferred No material item of deferred income has been included in the accounts. income Creditors The charity has creditors which are measured at settlement amounts less any trade discounts

Provisions for A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate liabilities of the amount required to settle the obligation at the reporting date.

2.3 ASSETS

Tangible fixed These are capitalised if they can be used for more than one year, and are valued at cost. The depreciation rates assets for use and methods used are disclosed in note 9.2.

Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount Debtors 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

Unrestricted funds Restricted income funds Donations and gifts - - General grants provided by government/other charities 55,500 273,417 Total 55,500 273,417 Other 3,491 - Total 3,491 - TOTAL INCOME 58,991 273,417 Government Government Other Other Other Other Other Other Other Other Other Other Other Other Other Total UK Youth Money4You Trust for London Donations and legacies: Description City Bridge Trust Orbit Group LTD Natwest Bulldog Trust Paul Hamlyn Foundation LandAid Note 4 Analysis of receipts of government and other grants Hoare Trustees Garfield Weston Foundation Open Society Foundation PEABODY NHS South East London London Borough Bexley Analysis	Total funds Prior year £ £ - 8,372 328,917 258,204
	328,917 266,576
	3,491 3,004
	3,491 3,004
	332,408 269,580 This year Last £ £ 95,467 62,260 7,750 - 38,500 - - 7,500 35,250 37,800 30,000 30,000 40,000 - - 28,320 38,880 23,332 20,500 - 3,000 - 5,000 - - 40,792 4,820 8,700 9,750 19,500
	328,917 258,204

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Charity No: 1134630

Active Horizons

Annual accounts for the year end 31 March 2023 Notes to the accounts (continued)

Note 5 Analysis of expenditure

		Analysis	Unrestricted funds	Unrestricted funds		Restricted income funds	Restricted income funds	Total funds £	Prior year £
Expenditure on		Incurred seeking donations		-			-	-	-
raising funds:		Staging fundraising events Incurred seeking grants
		Total expenditure on raising funds		-			-	-	-
Expenditure on		Staff costs		39,170		84,453		123,623	82,666
charitable		Volunteer expenses				11,462		11,462	4,325
activities		Professional and consultancy		7,685				7,685	15,207
		Project Activities				41,659		41,659	34,335
		Education and training				135,716		135,716	89,714
		Support and charitable donations				24,776		24,776	-
		Information and publications		5,079				5,079	11,042
		Depreciation expense		1,719		3,707		5,426	3,934
		Total expenditure on charitable activities		53,653		301,773		355,426	241,223
Other		Accountancy fees		2,400				2,400	2,262
		Rent and rates		154				154	156
		Telephone and internet		1,243				1,243	62
		Bank charges		175				175	105
		IT Software and Consumables		204			439	643	3,943
		Repairs and maintenance		2,020				2,020	3,800
		Travel and subsistence		90			195	285	1,377
		Office expenses and supplies		2,119		4,568		6,687	9,666
		Total other expenditure		8,405		5,202		13,607	21,371
TOTAL EXPENDITURE				62,058		306,975		369,033	262,594
Note 6 Details of certain items of expenditure Fees for examination of the accounts
								This year £	Last year £
Independent examiner’s fees								650	600
Other fees (for example: financial advice, consultancy, accountancy								1,750	1,662
7.1 Staff Costs
								This year £	Last year £
Salaries and wages								104,150	80,077
Social security costs								1,458	-
Pension costs (defined contribution scheme)								1,787	1,294
Staff training and other benefits								16,228	1,295
				Total	staff costs			123,623	82,666
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					6	5
			Governance					2	2
							Total	8	7

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Charity No: 1134630

Active Horizons

Annual accounts for the year end 31 March 2023

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

Note 8 Tangible fixed assets Please complete this note if the charity has any tangible fixed assets 8.1 Cost or valuation	sets
Computer equipment Fixtures, fittings and equipment Total £ £ £ At the beginning of the year 7,617 7,012 14,629 Additions - 4,320 4,320 Revaluations - - - Disposals - - - Transfers - - - At end of the year 7,617 11,332 18,949 - Basis* Straight Line Straight Line Rate 33% 33% 3,807 5,565 9,372 - - - 2,539 2,887 5,426 - - - - - - 6,346 8,452 14,798 3,810 1,447 5,257 1,271 2,880 4,151 This year Last year £ £ Cash at bank and on hand 19,316 33,734 Total19,316 33,734 Analysis of debtors This year Last year £ £ Other debtors 8,671 14,824 Total 8,671 14,824 Note 9 Cash at bank and in hand Net book value at the beginning of the year Net book value at the end of the year 8.3 Net book value At beginning of the year Disposals Depreciation Impairment Transfers At end of the year Amounts falling due within one year 8.2 Depreciation and impairments Note 10 Debtors*	Computer equipment £ 7,617 - - - -	Fixtures, fittings and equipment Total £ £ 7,012 14,629 4,320 4,320 - - - - - -
	7,617	11,332 18,949
		- Straight Line 33% 5,565 9,372 - - 2,887 5,426 - - - -
	6,346	8,452 14,798
	3,810 1,271	1,447 5,257 2,880 4,151
	This year Last year £ £ 19,316 33,734 Total19,316 33,734 This year Last year £ £ 8,671 14,824 Total 8,671 14,824 Amounts falling due within one year	This year Last year £ £ 19,316 33,734

Note 11 Creditors and accruals

Analysis of creditors

Other Creditors Taxation and social security Accruals

	Amounts falling due	Amounts falling due	Amounts falling due
	within one		year
	This year		Last year
	£		£
	489		1,949
	20,088		4,277
	2,400		1,800
Total	22,977		8,027

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Active Horizons Charity No: 1134630

Annual accounts for the year end 31 March 2023 Notes to the accounts (continued)

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 for
Main Fund		R	BAME young people.		8,201	273,417	(306,975)	26,308		-	950.00
			Other charitable activities, space rental &
Other funds		UR	administration		37,586	58,991	(62,058)	- 26,308		-	8,211
				Total Funds	45,787	332,408	(369,033)	-		-	9,161

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						£	£	£	£	£		£
			Training and deveopment for young
Main fund		R	people.			2,887	162,753	(157,439)	-		-	8,201
			Other charitable activities, space rental
Other funds		UR	and administration			35,914	106,827	(105,155)	-		-	37,586
					Total Funds	38,801	269,580	(262,594)	-		-	45,787

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 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, living in London borough of Bexley. infirmity or disability, poverty or social and economic circumstances with a view to improving the conditions of life of such persons.

950

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