LEYS COMMUNITY DEVELOPMENT INITIATIVE IA COMPANY LIMITED BY GUARANTEE) TRUSTEES REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Index REPORT OFTHE TRUSTEES............................. INDEPENDENT EXAMINERS REPORTTO THE LEYS COMMUNITY DEVELOPMENT INITIATIVE.....................15 STATEMENT OF FINANCIALACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024......................... ,16 BALANCE SHEET............... .18 NOTESTOTHE FINANCIALSTATEMENTS,...................................................................................................19 Registered No.. 6918476 Registered Charity No.. 1137129 DIRECTORS Ines Kretzschmar Ichairl Penny Wood Lekh Raj Deborah Mcilveen Nicholas Watts IResigned on 02110120231 Prof. Denise Morrey-carter {Resigned on 22111120231 Robert Davies {Resigned on 09/08120231 Melissa Latchman IResigned- 05103120241 REGISTERED OFFICE The Clockhouse Project Long Ground Greater Leys OX4 7FX INDEPENDENT EXAMINER Colin Mills Critchleys Audit LLP Chartered Accountants Beaver House 23-38 Hythe Bridge Street Oxford OXI 2EP BANKERS Natwest Bank 121 High Street Oxford OXI 4DD CAF Bank Ltd 25 Kings Hill Avenue
LEYS COMMUNITY DEVELOPMENT INITIATIVE Kings Hill West Malling Kent ME19 4JQ I. REPORT OF THE TRUSTEES Objectives and Activities SORP reference Para 1.17, Summary of the purposes of the charity as set out in its governing document To promote any charitable purposes for the benefit of the Leys, Oxford and surrounding area, to relieve poverty and financial hardship, and to provide leisure facilities for individuals needing them by reason of youth, age, infirmity, disability, poverty or similar circumstances, also to provide education and training facilities. Summary of the main activities in relation to those purposes for the public benef it, in particular, the activities, projects or services identified in the accounts. Para.18 1.19 and In the period under review, the main activities undertaken to further the charity's purpose are as follow. Leys CDI ran term time and holiday youth projects designed to meet the needs of young people living in the Leys. The charity also ran the Clockhouse project, designed to meet the needs of those over 50 from the Leys. The money raised by the charity manager through various grant, regular fundraising activities, user fees, and volunteers, efforts provided the resources for both programmes. The trustees confirm that in making decisions about activities they had taken into account the Charity Commissions guidelines on public benefit. Addltional information loptionall You may choose to include further statements where relevant about: SORP reference The Leys CDI is almost entirely dependent upon trustees and volunteers to supplement the services of the paid staff to create the organisations strategy, to line manage the program and to provide frontline services. Contribution made by volunteers Para 1.38 Achievements and Performance SORP reference
LEYS COMMUNITY DEVELOPMENT INITIATIVE The Clockhouse Throughout the financial year, the Clockhouse (Seniors project) through the support of kind funders and partners, has continued to run and expand its daily Wellness program of opportunities, aimed at improving health and wellbeing and reducing feelings of loneliness and isolation. Summary ofthe main achievements of the charity, identifying the difference the charity's work has made to the circumstances of its benef iciaries and any wider benefits to society as a whole. Para 1.20 These sessions have included the following.. Tai Chi Zumba Yoga Singing for fun Social sessions Online zoom quizzes Boccia In addition to these sessions, through a wonderful working partnership with Activate learning, weekly tutored sessions have also taken place throughout the year in:_ Ceramics Printmaking Painti ng and drawing And Art for all and a Gardening Club have been established. Partnership workings with Oxford University have also afforded Seniors the opportunity to attend 3 different trips. The Ashmolean Museum on two separate occasions and the Arboretum which formed part of a wonderful intergenerational trip (please see story 'best day of my life,) Highlights have also included (please see storvl The most magical of days Numerically 287 different sessions have been run 212 different seniors have engaged in activities Over 860 hours of support, socialising and tuition Youth Project CDI are delighted to report that through the support of funders and partners, throughout the financial period,
LEYS COMMUNITY DEVELOPMENT INITIATIVE CDI have been able to continue and increase 'life enhancing, opportunities for the leys youth community. Weekly evening sessions, holiday week long courses and a safe, secure base courtesy of our partnership workings with Peabody have ensured juniors can engage weekly with CDI in Health and Wellbeing, Educational and Participation sessions. Many of which have also included, courtesy of HAF funding, a warm, health meal. The year ha5 contained so many highlights, including witnessing the personal development of so many individuals, the continuation of 'much needed, weekly sessions that have included educational support via homework clubs a nd various trips, affording youths their first opportunity to leave their home surroundings, experience train and coach travel and in the case of the Summer, have lots of fun at Alton towers. Numericallv 129 After School sessions were run 45 full days of Holiday and Food activities took place 235 different young people engaged in wellbeing activitie5 Over 1100 hours of support, fun and tuition took place Our youth sessions included Homework clubs A Young women's project Arts and Crafts Sports Catering workshops IT and gaming projects Music workshops In addition to these sessions, partnership work with Oxford IF, Oxford University and OAS afforded youths the opportunity to engage in Drone and Robotic workshops, attend educational trips and work on projects using state of the art IT equipment. The supportofso many has afforded CDI the opportunity to engage and expand its offer to youths f rom the local community and evidence of the difference this kind support has made can be viewed in the CDI annual report or a few highlighted stories can be seen below,..
LEYS COMMUNITY DEVELOPMENT INITIATIVE Highlights of the year from our Website: May 2023 - Intergenerational Project BEST DAY OF MY LIFE! The CDI team recently paired up with our friends at Oxford University to organise an Inter-generational trip to the Arboretum. Set in the most idyllic of surroundings and blessed with some gorgeous weather, the trlp proved a 'huge hit, with youngsters and seniors alike. One junior even commenting It was the 'Best doy of his life,. Who could argue? From the moment we arrived in our convoy of four minibuses, we were greeted by an assemble of beautifully coloured peacocks, many of whom took great delight in showing off their beautiful plumage. An array of activities, including a woodland forage and collection of items for artistic group designs was followed by a wonderful 'Picnic in the park, organised expertlyi as always, by Martha from the University. Later, following more ventures around the beautiful surrounds, cakes made by Jean and her team of junior helpers at our'Botanical bake off,, were devoured before the opportunity to partake in one final activity of leaf printing. OXFORU80TANICGARDEN & ARBORETUM Ik Il Many thanks to Martha and her team at Oxford University- A great day had by all and In the case of one junior'His BEST EVER IJ - LeysCDI Team
LEYS COMMUNITY DEVELOPMENT INITIATIVE July 2023 - Intergenerational Project Coming Together For Nature! CDI was recently thrilled to welcome our junior friends from the 'Dovecote Centre, who once again proved how positive intergenerational sessions are for all. Filling our Clockhouse garden with smiles, excitement, and energy, the youngsters. under the watchful eye of Charity and Sharon, happily mixed with seniors whilst making peanut butterlbird seed-covered feeders for our feathered f riends. Juniors have been attending the Oovecote Community Chi Idren and Families project for in excess of twenty years now (Please see their website link on our artners el. During this time the centre has had one common theme, Carol, who has witnessed manyiuniors grow up, transfer to CDI youth club projects and i n some cases even provide future generations for both Dovecote and CDII There is no doubt, the work of Carol, Charity and their team is much appreciated by ALL on the Leys. None more so than the seniors of CDI who are always thrilled to engage with the voungsters. A happiness that is always reciprocated and one that we hope will continue between both organisations for 'MANY' years to come. rf4.
LEYS COMMUNITY DEVELOPMENT INITIATIVE August 2023 - Youth Project CDI Summer Fun MON 31"JuL-fv25"AUG' 1. The Leys CDI Summer holidays have 'Officially' started with great energy, excitement, and numbers turning uptothe Barntojoin in oursummer Fun activities. PIPPI The staff have been deliEhted to welcome many'new, and 'old' junior participants with some senior participants even returning to be part of the staff ing team. Kindly supported by HAF (Holiday and Food provision), Oxford Count Council, Peabod local partners the opportunities for juniors this summer are endless. Swimming, Ice skating, Arts and Crafts, Danco workshops, Sports, Gaming, the list 15 endless. , and many 7.J.*- There is even the opportunity to fly drones through the support of our friends at Oxford IF. In addition to all of the activities, regular junior attendees have the opportunity to travel with the team to Alton Towers to tackle the 'white knuckle rides, 'Nemesis', 'Wicker Man, and ride terrifyingly named 'The Smilerl, Finally, to add to the adrenaline rush and the Summer fun,juniors have the opportunity to perform at an end of Summer showcase event. The opportunities really are endless, so if you'd like to participate, make new friends, join in the fun, and be part of CDI'S exciting Summer of activities, get yourself down to the Barn and meet the team. We'd love to see you.
LEYS COMMUNITY DEVELOPMENT INITIATIVE September 2023 - Youth Project Morgan Sindall Clive Booth Project team Bring Joy to Blackbird Leys In a heart-w2rming display of community spirit, Morgan Sindall Clive Booth Project, in collaboration with stjbcontractors Craft Interior, Tclarke, Ross Bros, Elite Aluminium Systems Ltd, Mccoy Construction, P AJT Group, and Peabody housing, came together to raise an incredible £10,200 for Leys CDI'S Summer Fun event. The event, which took place during the Summer holiday from July 31st to August 25th, 2023, aimed to bring joy and smiles to the faces of young children from low-income households in Blackbird Leys. The story began with a conversation between Dennis Owusu I Social Value Manager l and Kirk Wheeler, the Charity Manager at Leys CDI. Kirk passionately explained how the funds raised would make a meaningful difference in the lives of these children, and it struck a chord with Steve, Peter f rom Craft Interior, ar)d others involved. One of the standout contributions was the provision of 70 hot lunches daily for the young attendees. This ensured that not only were their hearts warmed by the numerous activities but also their bellies. The event featured a diverse range of activities, including swimming, ice skating, arts and crafts, dance workshops, sports, and gaming, creating a kaleidoscope of experiences for the children to enjoy.
LEYS COMMUNITY DEVELOPMENT INITIATIVE Moreover, the dedication of the organisers didn't stop there. In addition to these activities, regular junior attendees were treated to an extraordinary adventure- a trip to Alton Towers. There, they braved exhilarating 'white knuckle rides, like 'Nemesis, Wicker Man,, and 'The Smiler,, a thrilling experience that left the children with unforgettable rnemories. iouTII' A special mention goes to Steve Vaux, Project Director for Clive Booth, who went above and beyond by raising an impressive £4,100 in less than 48 hours. His dedication and commitment to the cause are truly commendable. This heart-warming initiative demonstrates how collaboration between businesses, subcontractors, and the local community can create lasting and positive impacts. By coming together, Morgan Sindall Clive Booth Project, Craft Interior, Tclarke, Ross Bros, Elite Aluminium Systems Ltd, Mccoy - MORGAN funds but also created moments of joy, laughter, and unforgettable experiences for he children of Blackbird Leys. We a150 would like to extend our gratitude to Peabody and HAF who have kindly supported through the Summer and Easter projects ensuring that children are provided f ree places and food provision. Lastly, this u plifting story serves as a testament to the power of unity and compassion in building a brighter future for our communities. SINDALL,, CONSTRUCTION Craft nterior ¢ Peabody
LEYS COMMUNITY DEVELOPMENT INITIATIVE December 2023 - Seniors Project The most magical of days! Proving that 'Angels do exist, and are present on earth, twenty-seven volunteers came together to support CDI in making Christmas a memorable one for its local community. CDI staff supported by a fabulous team of volunteer chefs and community worl(ers, 'fed and watered, 87 k-¥*" members of the local community in style while they participated in Christmas music qui2zes las expertly supported by McFly Medial and enjoyed quality time with friends and colleagues. The opportunity to partake and win a prize in the 'free raff le, was accepted by all attendees and volunteers, with wrapped prizes selected 'blindly' adding to the fun and excitement. The proof as to what CAN be achieved through partnership working and the awe-inspiring 'unity' of the Leys was so perfectly summed up by one senior, who commented, "Thank you for the most magical of days. Seeing everyone come together for us (Leys seniors) has restored my faith in humanity. Christmas hasn't seemed so wonderful since I was a youngster. After seeing Santa today, I might start believing again" Special thanks to everyone who assisted CDI in the preparation and delivery of our Christmas event5. Your continued support, as I'm sureyou will glean from the accompanying pictures, really is appreciated by 'so many'_ Thank you so much. Also,'very special thanks, to Marsha Jackson, Lesley Sackey and Felix Vorlander who, as well as marshaling some fantastic troops on the day, worked tirelessly in the build-up, including peeling many potatoes and chopping many carrotsl p4
LEYS COMMUNITY DEVELOPMENT INITIATIVE
LEYS COMMUNITY DEVELOPMENT INITIATIVE 12 Feb 2024- Youth Project Getting away in style The CDI youth team was delighted to partner up with the Oxfordshi re Community Rail Partnership during the February half-term and 'Getaway in style,. Taking advantage of their very kind offer to experience a 'Getaway trip,, youngsters from the Leys were treated to a wonderful day of travel which culminated in a visitto the Beale Wildlife Park. Oxfordshire Community Rail Partnership, like CDI, is passionate aboutyoung people in their community. Hence, why we are delighted to form another proactive relationship that focuses on promoting health and well-being opportunities for our community. Many young people have not had the opportunity or experience of using rail services. Oxfordshire Community Rail Partnership in conjunction with their funding partners Chiltern Railways and Great Western Railways IGWRI is currently aiming to rectify this. Through the wonderful support from Alayne McDonald (Community Rail Development Officer) 5UStainable transport opportunities, leading to life-enhancing outcomes and 'life-long' memories, are being created throughout the County. Thanks to Alayne and herteam, the CDI juniors certainly enjoyed creating many new 'never to be forEOtten' memories- From having their own personal carriage to 'Serenading' staff on the way home. Posing as chimpanzees at the park to 'Spla5hing i n puddles, The thrill of experiencing train travel, for the f irst ti me for many, proved to be a real thrilll Here's what a few of the young people Said,.. 'Toduy was sickl, (Apporently thot means Very goodl) 'Hoving our own train (carriage) was cool, '1 never knew I would be able to charge my phone. On the train as well. That was good, '1 loved the singing, we smashed it, he trains are sofast but don't seem it when you're on 'Can we do it again, Here's to many more MAGICAL daysl - Leys CDI team.
LEYS COMMUNITY DEVELOPMENT INITIATIVE 13 Financial Review Review of the charity's financial position at the end of the period Para 1.21 The Charity remains solvent with £92,549 of funds in hand IFY2023 £93,643) for the planned activities. Existing reserves are adequate to cover and continue programs beyond the short run. The charity remains dependent on a continuous flow of grants, fees and micro donations. The policy is to hold reserve5 to pay for one month of salaries plus Statutory redundancy for the staff. Statement explaining the policy for holding reserves stating why they are held Amount of reserves held Para 1.22 Para 1.22 Total unrestricted funds £20,398 12023 restricted funds £72,15112023 - 78,4161 We strongly believe that there is no uncertainty about the charity continuing as a going concern and accounts are prepared on that basis. £15,227), Total Explanation of any uncertainties about the charity continuinE as going concern P3ra 1.23 Additional information loptionall You may choose to include further statements where relevant about: The charity's principal Small grants and donatlons from individuals and trusts, fee sources of funds income from charitable activities, rental income from the Barn lincluding anv and fundraising activities. fundraising) Investment policy and objectives including any social investment policy adopted. Para 1.47 The funds are placed with Columbia Threadneedle Fund Management Ltd. The trustees are satisfied how this account is run and we may add more funds to this reserve. Pala 1.46 The principal risks are as follows.. lil Harm to a beneficiary in the course of a project. lill Reputation damage caused by action of ourselves, an associ2te or similar organisation. liiil Loss of support Irom Peabody or Oxford City council and loss of use of premises for Clockhouse and the Barn. livl Unable to recruit trustee5 or volunteers. A description of the principal risks facing the charity. Para 1.46 Plans for the Future CDI'S key objective is to continue to provide safe, secure, wellbeing opportunities for its local community. Engaging and meeting the needs of both it5 youths and seniors. Subject to the continuation of successful partnerships and securing of additional funding, CDI will aim to continually devèlop and provide the opportunities that are most needed within the locality.
LEYS COMMUNITY DEVELOPMENT INITIATIVE 14 Structure, Governance and Management Type of governing document P2ra 1.25 Memorandum and Articles of Association How is the charitv constituted? Para 1.25 A charitable company limited by guarantee Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees Para 1.25 Most of the trustees are local and all currently have qualifications and experience in youth work, project management, public service or finance. Trustees serve for three years. Most trustees donate significant time outside meetings Declarations The trustees declare that they have approved the trustees, report above. Slgned on behalf of the charity's trustee Signaturels) Full namelsl Posltlon leg Secretary, Chair, etcl Ines Kre Chair hmar Lekh Raj Trusteetrreasurer Date 24. September 2024
LEYS COMMUNITY DEVELOPMENT INITIATIVE INDEPENDENT EXAMINERS REPORT TO THE LEYS COMMUNITY DEVELOPMENT INITIATIVE I report to the charity trustees on my examination of the accounts of Leys Community Development Initiative Ithe Company) for the year ended 31 March 2024 which are set out on pages 15 to 24. Responsibilities and basis of report As the charity's trustees of the company land also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act'l. Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 Ithe '2011 Act'l. In carrying out my examination I have followed the Directions Eiven by the Charity Commission under section 14515llbl of the 2011 Act. Independent examiner's report I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe.. 11 accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 21 the accounts do not accord with those accounting records,. or 31 the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than anv requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination,. or 41 the account5 have not been prepared in accordance with the methods and principles of the Statement of Recommended practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. 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. Name of examiner: Colin Mills Name of flrm: Critchleys Audit LLP Relevant professional body,. Institute of Chartered Accountants in England and Wales Address: Beaver House, 23-28 Hythe Bridge Street, Oxford, OXI 2EP Date..
LEYS COMMUNITY DEVELOPMENT INITIATIVE 16 STATEMENT OF FINANCIALACTIVITIES FOR THE YEAR ENOED 31 MARCH 2024 Vnrestrl¢ted and Designated funds Restricted Intome funds 31 MaTch 2024 31 March 2023 Totals Note Totals Totals Totals INCOME Grants and donatlons Other Grants and Donations Income from Charltable Activities 26,930 87,425 114,355 85,167 Room Hire 20.910 20,910 9,292 Project activities 4,342 4,342 288 3,265 217 Investment Income 288 Total Income 48,128 91.767 139,895 97,941 EXPENDITURE Costs of raising funds Expendlture on Charitable actlvltles Project-related activities Total expenditure Net Income Ilossl before Investment galn5 143,8241 198,0321 1141,8561 143,824} 198,0321 1141,8561 4,304 {6,265) (1,9611 867 867 1141,6951 1141,6951 143,754) 15661 Investment Gain Transfer NET INCOME AND MOVEMENT IN FUNDS 5,171 16,265) 11,0941 (44,320) Reconciliation of funds Total funds brought forward at l April 15,227 78,416 93,643 137,963 Total funds carried forward at 31 Marth 20,398 72,151 92,549 93,643 Movements in reserves and all gains and losses recognised in the year are Shown above.
LEYS COMMUNITY DEVELOPMENT INITIATIVE 17 STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023 Unrestrlcted and Deslgnated lund5 Totals Restrlcted Income funds Totals 31 March 2023 Note Totals INCOME Grants and donatlons Big Lottery Fund Other Grants and Donations Income from Charitable Actlvities 13,596 71,571 85,167 Room Hire Project activities Investment Income 9,292 9,292 3,265 217 3,265 217 Total income 23,105 74,836 97,941 EXPENDITURE Costs of raising funds ExpÈndlture on Charltable actlvitles Project-related activities Total expenditure Net Income1105sI before investmeni gaSns Investment Gain 119,1171 {122,577} 1141,6941 {19,1171 {122,577I 1141,6941 3,988 {47,741) {43,753} 15651 15651 Transfer NET INCOME AND MOVEMENT IN FUNDS 3,423 {47,741) {44,318) Reconciliation of funds Total funds brought forward at l April 11,805 126,157 137,962 Total funds carried forward at 31 March 15,228 78,416 93,644
LEYS COMMUNITY DEVELOPMENT INITIATIVE 18 BALANCE SHEET LEYS COMMUNITY DEVELOPMENT INITIATIVE (Company No 6918476} BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Note FIXED ASSETS Investments 8,844 200 7,978 681 Tangible as5et5 9,044 8,659 CURRENT ASSETS Debtors Cash at bank and in hand S.815 80,436 86,251 1,451 87,645 89,096 LIABILITIES: Creditors falling due within one year NET CURRENT ASSETS {2,7461 {4,1121 83,505 84,984 92,549 93,643 92,549 93,643 TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS THE FUNDS OF THE CHARITY Unrestricted funds 20,397 72,152 92,549 15,227 78,416 93,643 Restricted funds The financial st3tements are prÈpared in accordance with the provisions applitÈble to companies subject to the 5rnall cornpanles regime under Companles Act 2006. For the year ended 31 Marih 2024 the company was entitled to exetnption from audit under section 477 01 the Companies Act 2006 relating to srnall companies. Dlrectors, responsibililles: The member5 have not required the company to obtain an audit of Its accounts for the year in question in accordance with 5ettlon 476 ThÈ directors acknowledge their respon5ibilitlÈs for complying wirh the requirements of thè Act with respect to accounting records and the prepzrztion of accounts These account5 have bÈÈn prepared in accordance with the provlslons applicable to companies subject to the small companies. reglrne. Approved and authori5ed lor issue by the board on 24.F&pi.12024 and slgned on its behalf by Ms l Kret2SC ar Chairman
19 NOTES TO THE FINANCIAL STATEMENTS ACCOUNTING POLICIES Basis of preparing the f inantlal statements The financial statements have been prepared in accordance with the Statement of Recommended Practice.. Accounting and Reportir)g by Charities applicable to charities preparing their accounts in accorda nce with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021, and with the Charities Act 2011 and the Companies Act 2006. rhe financial statements have been prepared under the historical cost convention, except for fixed asset investments, which are shown at market value. The company meets the definition of a public entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction v31ue unless otherwise stated in the relevant accounting policy note. a) Income Income generally is retognised when the charity has entitlement to the funds, any performance conditions attached to the funds have been met, it Is probable that the income will be received, and the amount can be measured reliably. Credit is taken for donations and other income on the following basis.. Donations received, including income tax recoverable. Interest and other investments on an accruals basis. Grants receivable on an accruals basis. Capital grants are credited to the Statement of Financial Activities in the year which they are received. Depreciation of the assets is charged in the Statement of Financial Activities each year. bl Expendlture Expenditure is recogni5ed in the accounts once a legal or constructive obligation arises to make payment to a third partv, it is probable that settlement will be required, and the amount of the obligation can be measured reliably. It is included on an accruals basis, together with irrecoverable VAT. All support costs are allocated to the sole charitable activity. as it is considered the charity cannot carry out its work without incurring these costs. cl Depreciation Assets of a capital nature are shown as fixed assets and depreciated over expected lives, as follows., Equipment 33.33% straight line Individual Items of £500 and below are written off in the year of purchase. dl Investments Investments held as fixed assets are stated at market value at the balance sheet date. el Restricted Funds and Unrestricted Funds The charity held only restricted funds at I, April 2011 when the assets and liabilities of the former unincorporated charitv were transferred in, and throughout the six subsequent years. In the year to 31" March 2019 two unrestricted funds were created to allow for the creation of a contingency fund for staff employed longer than the lifetime of a grant and to hold unrestricted grants for longer before allocating to programs. fl Golng Concern No material uncertainties that may cast significant doubt about the ability of the company to continue as a going concern have been identified by the directors.
LEYS COMMUNITY DEVELOPMENT INITIATIVE 20 2. NET INCOME/EXPENDITURE FOR THE YEAR The net income / expenditure for the year is stated after charging 31-Mar-24 31-Mar-23 Examiners Remuneration Depreciation Rent & Rate 1,560 481 1,380 481 13,950 9,442 3. CHARITABLE ACTIVITIES FOR THE YEAR 31-Mar-24 Unrestricted Restricted Total 31-Mar-23 Direct Project Activities Equipment Depreciation Running Costs Wages Governance Costs Legal and Professional Total 24,184 711 24,895 25,705 481 481 27,345 86,530 2,605 481 7,539 65.828 19,806 20,702 2,605 21,964 91,162 2,382 98,032 43,824 141,856 141,694 4. STAFF COSTS FOR THE YEAR 31-Mar-24 31-Mar-23 Salaries Staff training, recruitment, and other costs Employers National Insurance Total 86,068 90,123 512 462 245 1,039 91,407 87,042 Total staff employed for the year were 3.0 Full Time Equivalent12023 2.2 Full time Equivalentl. No employees, emoluments exceeded £60,000 in the year. The management personnel were the trustees supported by the charity manager in both years. There were no related party transactions. One of our trustees Nicholas Watts was asked to run the summer youth project after the loss of our youth manager. He paid for a lot of activities using his own payment card. He was reimbursed a total of £1,926.83 on production of receipts. Our other trustee Melissa Latchman also assisted with youth project and paid for some activities using her card, she was reimbursed a total of £70.55 on production of receipts.
LEYS COMMUNITY DEVELOPMENT INITIATIVE 21 5. FIXED ASSET INVESTMENTS 31-Mar-24 31-Mar-23 BMO Global Asset Management At l April Liqu idation Revaluation gains (Lossl At 31 March 7,978 8,543 867 15661 7,978 8,844 6. TANGIBLE ASSETS 31-Mar- 23 Total 31-Mar-24 Equipment 31-Mar-24 Total Cost At l April Additions in year Disposals in year At 31 March Depreciation At l April Charge for the year Disposals in year At 31 March Net Book Value At 31 March 2023 At 31 March 2024 29,055 29,055 29,055 29,055 29,055 29,055 28,374 481 28,374 481 27,893 481 28,855 28,854 28,374 681 200 200
LEYS COMMUNITY DEVELOPMENT INITIATIVE 22 7. DEBTORS 31-Mar-24 Total 31-Mar-23 Total Grants Debtor Rental Debtors HM Revenue and Customs Total 5,815 1,451 5,815 1,451 8. LIABILITIES: CREDITORS FALLING DUE WITHIN ONE YEAR 31-Mar-24 31-Mar-23 Total Total HM Revenue and Customs 317 Accounts Payable Income in advance Other Creditors 401 796 2,346 2,746 2,999 4,112 Total
LEYS COMMUNITY DEVELOPMENT INITIATIVE 23 9. RESTRICTED FUNDS Movements for the year ended 31 March 2024 Funds 01-Apr- 23 31-Mar- 24 Income Expenditure Transfer Future Proofing CDI Clockhouse Project Clockhouse Garden Project Holiday Project OCC Community Impact Fund Big Ideas 2022-2025 other Projects: CDI Youth Other Projects: CDI Youth Projects Peoples Health Trust Phoenix Rising Group Young Women's Project Restricted funds 19,419 2330 12,110 24,390 38 7,139 2292 2,055 35,113 28,953 8,215 225 9,450 6,450 3,225 11,270 35 280 11,025 43,080 14,883 20,177 37,922 20,041 20,177 38 38 78,417 91,767 98,032 72,152 Movements for the year ended 31 March 2023 Funds 01-Apr- 22 31-Mar- 23 Income Expenditure Transfer Future Proof ing CDI Clockhouse Project Clockhouse Garden Project Holiday Project OCC Community Impact Fund Big Ideas 2022-2025 Other Projects.. CDI Youth Other Projects: CDI Youth Projects Peoples Health Trust Phoenix Rising Group Young Women's Project Restrlcted funds 11,150 32,352 1,667 14,472 2,726 13,019 12,817 27,405 396 19,419 2,330 2,055 4,518 15,482 8,100 7,875 225 12,959 964 2,653 11,270 63,145 33,889 53,954 43,080 38 1.995 126,157 38 1,995 122,577 74,837 78,417
LEYS COMMUNITY DEVELOPMENT INITIATIVE 24 10 ANALYSIS OF NET ASSETS BY FUND 31-Mar-24 Unrestricted Restricted funds funds Total 2024 Fixed Assets Net Current Assets 9,044 63,108 72,152 9,044 83,505 92.549 20,397 20,397 Unrestricted Restricted funds funds 31-Mar-23 Total 2023 Fixed Assets Net Current Assets 8,659 69,758 78,417 8,659 84,985 93,644 15,227 15,227 11 Company Information Leys Community Development initiative is a company incorporated in England with its registered. office at The Clockhouse Project, Long Ground, Greater Leys OX4 7FX, England- it is limited by guarantee and as such does not have any issued share capital. In the event of a winding up, the trustees, members of the management committee are each required to contribute £1.