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2022-07-31-accounts

COMPANY REGISTRATION NUMBER: 07699716 CHARITY REGISTRATION NUMBER: 1144413

4 THE YOUTH LIMITED

Company Limited by Guarantee UNAUDITED FINANCIAL STATEMENTS

31 JULY 2022

4 THE YOUTH LIMITED

COMPANY LIMITED BY GUARANTEE

FINANCIAL STATEMENTS

YEAR ENDED 31 JULY 2022

Page
Trustees' annual report (incorporating the director's report) 1
Independent examiner's report to the trustees 5
Statement of financial activities (including income and expenditure account) 7
Statement of financial position 8
Notes to the financial statements 9

4 THE YOUTH LIMITED

COMPANY LIMITED BY GUARANTEE

TRUSTEES' ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT)

YEAR ENDED 31 JULY 2022

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 July 2022.

Reference and administrative details

Registered charity name 4 The Youth Limited Charity registration number 1144413 Company registration number 07699716 Principal office and registered Forest Youth Wing office The Forest School Comptons Lane Horsham West Sussex RH13 5NW The trustees S J Albrow R A Christian M E Millson D Sweet

Accountants PRB Accountants LLP Chartered Accountant Kingfisher House Hurstwood Grange Hurstwood Lane Haywards Heath West Sussex RH17 7QX

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4 THE YOUTH LIMITED

COMPANY LIMITED BY GUARANTEE

TRUSTEES' ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT)

YEAR ENDED 31 JULY 2022

Aims and Purposes

4 The Youth is a Charitable Company Limited by Guarantee set up by local professionals in 2011 to provide a practical framework to run local youth projects for local young people that would have otherwise closed as the statutory youth services have been forced to focus their resources elsewhere.

4 The Youth believe in working with others in both voluntary and statutory sector to maintain and improve provision for young people based on their needs.

Objectives and Activities

4 The Youth aims to provide young people living in Horsham and surrounding areas with access to youth work provision that meets their needs. 4 The Youth works for the benefit for the local community, specifically young people through their organisation of activities that support their growth, develop skills, capacity and capability to empower them to participate independently in society. Our provision for young people is provided in a number of ways including:-

Achievements and Performance

Forest Youth Wing Clubs

4 The Youth continues to work in close partnership with the Forest School who provide building, utility and maintenance free of charge at Forest Youth Wing. Services continue to attract young people from across the community including both Forest Boys, Millais girls and students from Tanbridge House schools and Bohunt.

With the generous nightly subs and income from the tuck shop 4 the Youth are pleased to have been able to run this club on a self-sustaining basis with the in-kind support from the school.

Holbrook Youth Club

Holbrook Junior Youth Club sessions continued to run attracting up to 60 young people for each session. This club supports many young people preparing for their transition to secondary school.

Broadbridge Heath Youth Club

Broadbridge Heath club also has a full team of Young Leaders who support the running of the club and continues to be well supported particularly by young people in school years 5&6.

Slinfold Youth Club

Slinfold Youth Club continues to be a well valued by the village community and runs on a Friday evening attended by young people from the local junior school.

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4 THE YOUTH LIMITED

COMPANY LIMITED BY GUARANTEE

TRUSTEES' ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT)

YEAR ENDED 31 JULY 2022

Horsham Neighborhood Projects

4 The Youth has renewed its contract with Horsham District Council for a further 3 years for the neighborhood contract.

As part of these projects, our team work closely with local community partners including the council and police to identify needs and are continuing to look to expand provision.

Hurst Road Youth Centre Building

In April 2022 an agreement was negotiated with the trustees of Horsham Youth Centre to take on the site with a view to meeting running costs and running activities for young people as well as making the building available for wider community use.

Up to July 2022 preparation work was undertaken with holiday club activities starting in the summer holidays. Work was also undertaken to get the car park cleared with a view to letting spaces on a Permit and Pay and Display basis to give an income towards running costs. The trustees have prepared a dilapidations report which once agreed with WSCC will allow the necessary works on the building to be undertaken either by 4 The Youth or the landlord. Initially 4 The Youth shall occupy by license but this will be formalised into a fully repairing lease agreement once these works have been agreed.

Senior Members and Volunteers

Across all the clubs, 4 The Youth is grateful to the voluntary work of senior members and volunteers who often take the lead in running activities with young people.

Reserves Policy

It is our policy to maintain a balance of unrestricted funds that allows 4 The Youth to meet its fixed liabilities for a minimum period of 6 months without income to cover any unexpected event or significantly lower than expected financial performance. This does not include any fixed term project costs or service income which may not be renewed.

Volunteers

We would like to thank all the volunteers who work hard to make the clubs run successfully.

Volunteers work tirelessly within our clubs supporting a small team of paid youth work staff and are pivotal to keeping the organisation running.

Structure, governance and management

4 The Youth is a charitable company limited by Guarantee with a board of directors. All members that attend our clubs are encouraged to be involved with the decision making process by joining our young people’s steering group. Appointment of additional directors is encouraged and on election by the board as set out in the Articles of Association.

The full board met during the year through face to face and virtual meetings, in addition working groups met and communicated on a regular basis with each director responsible for different areas of the organisation and reporting back to the board at full meetings.

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4 THE YOUTH LIMITED

COMPANY LIMITED BY GUARANTEE

TRUSTEES' ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT)

YEAR ENDED 31 JULY 2022

Administrative Information

4 The Youth was based at Horsham Youth Centre, Hurst Road until July 2012 at which point the the building was taken over by West Sussex County Council. Since July 2012 4 The Youth has been based at Forest Youth Wing, The Forest School, Comptons Lane, RH13 5NT with office space as well as the youth wing facilities in the evening. The space is provided free of charge and clubs run in partnership with the school.

4 The Youth is registered in England and Wales with the charity commission (1144413) and as a company limited by guarantee with Companies House (07699716).

Financial Review

4 The Youth made a surplus of income over expenditure of £6,901 during the year (2021: £3,081).

Sam Albrow

S Albrow Trustee

09 May 2023

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4 THE YOUTH LIMITED

COMPANY LIMITED BY GUARANTEE

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF 4 THE YOUTH LIMITED

YEAR ENDED 31 JULY 2022

I report on the financial statements for the year ended 31 July 2022, which comprise the statement of financial activities (including income and expenditure account), statement of financial position and the related notes.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the financial statements. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's report

My examination was carried out in accordance with the general Directions given by the Charity Commission. 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 as 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 next statement.

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4 THE YOUTH LIMITED

COMPANY LIMITED BY GUARANTEE

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF 4 THE YOUTH

LIMITED (continued)

YEAR ENDED 31 JULY 2022

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Christopher Whitley-Jones PRB ACCOUNTANTS LLP Chartered accountant

Kingfisher House Hurstwood Grange Hurstwood Lane Haywards Heath West Sussex RH17 7QX

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4 THE YOUTH LIMITED

COMPANY LIMITED BY GUARANTEE

STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)

YEAR ENDED 31 JULY 2022

2022 2022 2021
Unrestricted
funds Total funds Total funds
Note £ £ £
Income and endowments
Grants, donations and service contracts 5 120,355 120,355 73,081
Charitable activities 6 56,290 56,290 32,991
Investment income 7 19 19 4
------------------------------- ------------------------------- -------------------------------------
Total income 176,664 176,664 106,076
=============================== =============================== =====================================
Expenditure
Expenditure on charitable activities 8,9 169,763 169,763 102,995
------------------------------------- ------------------------------------- -------------------------------------
Total expenditure 169,763 169,763 102,995
===================================== ===================================== =====================================
------------------------------------- ------------------------------------- -------------------------------------
Net income/(expenditure) and net movement in funds 6,901 6,901 3,081
===================================== ===================================== =====================================
Reconciliation of funds
Total funds brought forward 57,446 57,446 54,365
------------------------------------- ------------------------------------- -------------------------------------
Total funds carried forward 64,347 64,347 57,446
===================================== ===================================== =====================================

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 9 to 14 form part of these financial statements.

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4 THE YOUTH LIMITED

COMPANY LIMITED BY GUARANTEE

STATEMENT OF FINANCIAL POSITION

31 JULY 2022

2021 2020
£ £ £ £
Fixed Assets 13 9,179 10,551
Current assets
Stock 500 500
Debtors 14 2,550 7,340
Cash at bank and in hand 57,898 44,792
------------------------------- ------------------------------- -------------------------------
60,948 52,632
Creditors: amounts falling due
within one year 15 (5,780) (5,737)
------------------------------- -------------------------------
Net current assets 55,168 46,895
-------------------------- --------------------------
Total assets less current liabilities 64,347 57,446
========================== ==========================
Funds of the charity
Unrestricted funds 64,347 57,446
-------------------------- --------------------------
Total charity funds 16 64,347 57,446
========================== ==========================

For the year ending 31 July 2022 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Trustees' responsibilities:

These financial statements were approved by the board of trustees and authorised for issue on ........................, and are signed on behalf of the board by: 09 May 2023

Sam Albrow S Albrow Trustee

Company registration number: 07699716

The notes on pages 9 to 14 form part of these financial statements.

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4 THE YOUTH LIMITED

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 JULY 2022

1. General information

The charity is a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Forest Youth Wing, The Forest School, Comptons Lane, Horsham, West Sussex RH13 5NW.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Significant judgements

The judgements (apart from those involving estimations) that management has made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements are as follows:

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4 THE YOUTH LIMITED

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 JULY 2022

3. Accounting policies (continued)

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal.

Incoming resources

Income

All income is included in the statement of financial activities when the charity is entitled to the income, any performance related conditions attached have been met or are fully within the control of the charity, the income is considered probable and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates.

Tangible assets

All fixed assets are initially recorded at cost and are subsequently stated at cost less any accumulated depreciation. Any fixed assets carried at revalued amounts are recorded at the market value at the balance sheet date.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Equipment

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

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4 THE YOUTH LIMITED

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 JULY 2022

3. Accounting policies (continued)

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost.

4. Limited by guarantee

The Charity is a company limited by guarantee. All of the Trustees are Members of the company and guarantee to contribute £1 in the event of a winding up.

5. Grants, donations and service contracts

Unrestricted Total Funds Unrestricted Total Funds
Funds 2022 Funds 2021
£ £ £ £
Grants 39,973 39,973 39,359 39,359
Service Contracts 80,382 80,382 26,332 26,332
Job Retention Scheme - - 7,390 7,390
------------------------------- ------------------------------- ------------------------------- -------------------------------
120,355 120,355 73,081 73,081
=============================== =============================== =============================== ===============================
Charitable activities
Unrestricted Total Funds Unrestricted Total Funds
Funds 2022 Funds 2021
£ £ £ £
Membership and subscriptions 17,986 17,986 5,890 5,890
Trip income 22,403 22,403 17,744 17,744
Tuckshop income 14,874 14,874 5,161 5,161
Other income 1,027 1,027 4,196 4,196
------------------------------- ------------------------------- ------------------------------- -------------------------------
56,290 56,290 32,991 32,991
=============================== =============================== =============================== ===============================
Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds 2022 Funds 2021
£ £ £ £
Interest receivable 19 19 4 4
================ ================ ================ ================

6. Charitable activities

7. Investment income

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4 THE YOUTH LIMITED

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 JULY 2022

8. Expenditure on charitable activities by fund type

Unrestricted Total Funds Unrestricted Total Funds
Funds 2022 Funds 2021
£ £ £ £
Staff costs 94,782 94,782 60,034 60,034
Direct costs 51,789 51,789 30,388 30,388
Support costs 23,192 23,192 12,573 12,573
------------------------------------- ------------------------------------- ------------------------------------- -------------------------------------
169,763 169,763 102,995 102,995
===================================== ===================================== ===================================== =====================================

9. Expenditure on charitable activities by activity type

Activities
undertaken Total funds Total fund
directly Support costs 2022 2021
£ £ £ £
Staff costs 94,782 - 94,782 60,034
Direct costs 51,789 - 51,789 30,388
Administrative expenses 21,820 21,820 8,435
Depreciation 1,372 1,372 4,138
------------------------------- ------------------------------- ------------------------------------- -------------------------------------
146,571 23,192 169,763 102,995
=============================== =============================== ===================================== =====================================

10. Independent examination fees

Fees payable to the independent examiner for: Independent examination of the financial statements

2022 2021
£ £
780 780
================ ================

11. Staff costs

The total staff costs and employee benefits for the reporting period are analysed as The total staff costs and employee benefits for the reporting period are analysed as follows:
2022 2021
£ £
Wages and salaries and NI 94,782 60,034
=============================== =====================================

No employee received employee benefits of more than £60,000 during the year (2021: Nil).

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4 THE YOUTH LIMITED

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 JULY 2022

12. Trustee remuneration and expenses

D Sweet was paid a salary of £31,376 and S Albrow was paid £813 during the year.

13. Tangible fixed assets

Equipment Total
£ £
Cost
At 1 August 2021 23,324 23,324
Additions - -
--------------------------- ---------------------------
At 31 July 2022 23,324 23,324
========================== ==========================
Depreciation
At 1 August 2021 12,773 12,773
Charge 1,372 1,372
--------------------------- ---------------------------
At 31 July 2022 14,145 14,145
========================== ==========================
Carrying amount
At 31 July 2022 9,179 9,179
========================== ==========================
At 31 July 2021 10,551 10,551
========================== ==========================
14. Debtors
2022 2021
£ £
Trade debtors - 7,640
Other debtors 2,550 -
------------------------------- -------------------------------
2,550 7,340
=============================== ===============================
15. Creditors: amounts falling due within one year
2022 2021
£ £
Deferred income 5,000 5,000
Other creditors and accruals 780 737
------------------------------- -------------------------------
5,780 5,737
=============================== ===============================
16. Analysis of charitable funds
Unrestricted funds
At 1 Aug 21 Income Expenditure At 31 Jul 22
£ £ £ £
General funds 57,446 176,664 169,763 64,347
========================== =============================== ===================================== ==========================

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4 THE YOUTH LIMITED

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 JULY 2022

17. Analysis of net assets between funds

Unrestricted Total Funds
Funds 2022
£ £
Fixed assets 9,179 12,635
Current assets 60,948 47,125
Creditors less than 1 year (5,780) (5,395)
------------------------------- -------------------------------
Net assets 64,347 54,365
=============================== ===============================

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Issuer

Issuer PRB Accountants LLP Document generated Tue, 9th May 2023 8:08:00 BST Document fingerprint 67b814e30f5b944d1c78509954035ced

Parties involved with this document

Document processed

Party + Fingerprint

Tue, 9th May 2023 12:20:19 BST Sam Albrow - Signer (cc085d36bfa8701f2f8209a002119b9b) Audit history log Date Action Tue, 9th May 2023 12:20:22 BST Sam Albrow viewed the envelope. (95.215.123.97) Tue, 9th May 2023 12:20:19 BST The envelope has been signed by all parties. (95.215.123.97) Tue, 9th May 2023 12:20:19 BST Sam Albrow signed the envelope. (95.215.123.97) Tue, 9th May 2023 12:18:45 BST Sam Albrow viewed the envelope. (95.215.123.97) Tue, 9th May 2023 12:18:40 BST Sam Albrow opened the document email. (66.249.93.200) Tue, 9th May 2023 12:18:40 BST Sam Albrow opened the document email. (66.249.93.202) Tue, 9th May 2023 8:09:25 BST Document emailed to sam.albrow@horshamyouth.org.uk (3.8.91.248) Tue, 9th May 2023 8:09:25 BST Sent the envelope to Sam Albrow (sam.albrow@horshamyouth.org.uk) for signing. (185.96.17.3) Tue, 9th May 2023 8:08:46 BST Sam Albrow has been assigned to this envelope (185.96.17.3) Tue, 9th May 2023 8:08:15 BST Document generated with fingerprint 67b814e30f5b944d1c78509954035ced (185.96.17.3) Tue, 9th May 2023 8:08:00 BST Envelope generated by Chris Whitley-Jones (185.96.17.3)