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2021-03-31-accounts

YOUTH PROSPECTS INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2021

1 FIXED ASSETS

2 COST
Balance B/F
Additions
Disposal
Balance C/F
DEPRECIATION
Balance B/F
Disposal
Charge for the year
Balance C/F
NET BOOK VALUE
As at 31.03.21
RESTRICTED FUNDS
BALANCE B/F -01.04.20
Grants and Funds Received
Direct Charitable Expenditure
BALANCE C/F -31.03.21
LOTTERY
FUNDS
3279
0
0
3279
Plant and
Equiptment
ETC
8464
0
0
8464
8020
0
89
8109
£355
Total
8464
0
0
8464
8020
0
89
8109
355
TOTAL
3279
0
0
3279

3 RESERVES

BALANCE B/F -01.04.20
FUNDS AND OTHER RECEIPTS
DIRECT CHARITABLE EXPENDITURE
BALANCE C/F -31.03.21
RESTRICTED
FUNDS
3279
0
0
3279
UNRESTRICTED
FUNDS

-15885
61279
61927
-16533
TOTAL
FUNDS
-12606
61279
61927
-13254

Page

3

YOUTH PROSPECTS INCOME AND EXPENDITIRE ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2021

INCOME
JRS Grant
Membership & Other Service Fees
LESS EXPENSES
Accountancy Fees
402
Transport Staff
61105
Legal Charges
0
Sundry Expenses
331
Loss on sale of assets
0
Depreciation of Assets
89
NET SURPLUS FUND FOR THE YEAR
2021
40146
21133
61279
402
25634
900
61
1
111
61927
-648
2020
0
27381
2020
27381
27109
272

Page 4

YOUTH PROSPECTS BALANCE SHEET AS AT 31ST MARCH 2021

FIXED ASSETS
Current Assets
Bank Current account
517
LESS LIABILITIES
Other Creditor
1982
Loan
11340
Accruals
804
REPRESENTED BY
Balance B/F
Surplus/(Loss) for the Year
Balance C/F
Chairman……………….
Date……………………..
01/03/2024
2021
355
334
517
872
12982
12982
14126
402
-13254
-12606
-648
-13254
2020
444
334
778
26366
-25588
2020
444
334
778
26366
2020
-12878
272
-12606

Page 2

YOUTH PROPSTECTS

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF YOUTH PROSPECTS

We have examined the financial statements on pages 2 to 4 for the year ended 31st March 2021.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

As the charity’s trustees you are responsible for the preparation of accounts and that you consider that the audit requirement of section 43(2) of the Charities Act 1993 does not apply. It is our responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 43(7) (b) of the Act, whether particular matters have come to our attention.

BASIS OF INDPENDENT EXAMINER’S REPORT

Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a 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 you a trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts.

INDPENDENT EXAMINER’S STATEMENT

In connection with my examination, no matters has come to our attention:-

1. which gives us reasonable cause to believe that in any material respect the requirements

N Shah & Co. Chartered Certified and Registered Auditors 470a Green Lanes

Palmers Green

London. N13 5PA Date………..

Page 1