STREATHAM YOUTH AND COMMUNITY TRUST Trustees. Report and Financial Statements Year ended 30 September 2023 *AIJ67DLM2• 2WOW2024 COMPANIES HOUSE Company Registration Number: 07875930 Charity Registration Number: 1148221
STREATHAM YOUTH AND COMMUNITY TRUST Trustees, Report and Financial Statements Year ended 30th September 2023 CONTENTS Pages Trustees, Report REFERENCE AND ADMINISTRATIVE INFORMATION 1 Slruclure. governance and management 2 Objectives and performance 3 Income and Fundraising 4 Financial review 5 Reserves policy 6. Independent examiner Independent Examiner's Report Statement of Financial A¢tivities Statement of Finan¢ial Activities Comparatives for 2022 Balance Sheet 10 Cash flow Statement 11 Notes lo the Finan¢lal Statements 1 Accounting policies 2 Schedules to the Statement of Financial Activitses 2.1 Grants- restricted funds 2.2 Grants- unreslricled funds 2.3 Direct charitable expendf(ure 3 Tangible fixed assels 4 Accruals and deferred income 5 Trustee ond employee emoluments 6 Transactions with Trustees 7 Twslees. liability insurance 8 Fund Movements 9 Anatysis of nel assels between funds 12-13 14 14 15 1S 16 16 16 16 17 17
STREATHAM YOUTH AND COMMUNITY TRUST Trustees, Report and Financial Ststements Year ended 30th September 2023 REFERENCE AND ADMINISTRATIVE INFORMATION Charity Name: statharn Youth and Communty Trust ISYCT). SYCT is constituted as a company limited by guarantee arKI Tegislered as a charity with the Charity Commission. SYCTS govemlng documents are rts MeiTiorandum and Articles of Association. The trustees of the charity are also the directors and members of the company with their individual commilmenl in the event of a winding up limrted lo £1. Company Number: 07875930 Charity number: 1148221 Registered Office-. 1 &16a Weiifield Road Strealham London SW16 2BP Trustees: A Walmsley (Chair) M Bevan G Le Pard C Jarrett C Wilgos5 N Owen W Slone {resigned 17 October 20231 M Nelson S Whtt&Rennie {appointed 7 March 2023) Chief Executive Officer: Syfvia Tijmstra {appoinled on 31 July 2023), Angela Jane Farrar {resned S April 20231 Principal Officers: A MacArthur (Fundraiser) M Wc<KI (Principal Youth Worker) T Hibbert (Earty Years and Playwork Manager} Independent Examlner: M L Martin FCA Lloyd & Co Chartered Accountants 1031105 BrvJhton Road Coulsdon. Suffey CR5 2NG Bankors: HSBC plc 103 Strealharn Hill London SW2 4UE
STREATHAM YOUTH AND COMMUNITY TRUST Trustees. Report and Financial Statements Year ended 30" September 2023 I. STRUCTURE, GOVERNANCE AND MANAGEMENT 1.1 Governing document and constitution SYCT is constrtuted as a company limf(ed by guaranlee and registe as a chanty with the Charity Commission. SYCT'S governing documents are rts Memorandvm and Artides of Association. SYCT has 9 DireclorslTrustees and 6 full employees. 2 apprentices and a further 13 part-tsme employees {6.9fte). We welcome our new trust* Sandra White-Rennie. Will Stone stood down this year and we thank him for his hard work and dedication over the past years. 1.2 Appointment and role of Trustees SYCT has a board of 9 trustees. The board meet four time$ a year and more often to work on subgroups or deal with matters arising requiring board involveffml. Vacancies on the trustees. board are advertised on our own websrte and socral rnedia platf0M as well as on our notice boards in our buildings. SYCT is working with Inclusive Boards to ensure our Board of Trustees reflects the communities we seek to seNe. SYCT'S trustees provide strategic leadership, detemiine the policies of the charity and employ staff to carry out its charitable puiposes. The Trustees are responsible for ensuring that the incoming fesources are expended to further the objectives of the charty. 1.3 Management The Trustees appoint a chief executive officer (CEO) who manages the operation ofthe charity and reports to the Trustees at the regular Trustee meetings. The CEO holds regular management team meelings with key slaff and reguLgr full staff meelings. Our longstanding CEO. Angela Farrar, stood down this year and we want to express our gratitude to her for dedieatitin over the past 9 years. On 31 Juty 2023 we welcomed Sylvia Tijmstra a5 our new CEO. 1.4 Risk Management The Trustees fegularly review the charity's exposure lo risk and ensure appropriale conlrols are in place. 1.5 Public Benefit outeomes related to the chaTity'$ aims The Trustees have complied with their duty in Section 4 of the Charities Act 2011 to have due regard lo Public Benefrt guidance and are satisfied that the objectives and activities of SYCT Conform lo this guidance in ils provision of services to all members of the communty. 2. 08JECTIVES AND PERFORMANCE 2.1 Our vision That all children and young people living wi or going lo sch1 in Streatham reach their full potential. We deliver a wide range of SerVis. projects and actNilies for children and young people beteen the ages ofO- 24.
STREATHAM YOUTH AND COMMUNITh TRUST Trustees, Report and Flnancial Ststements Year ended 30th September 2023 2.2 Our Values 1. We will work cooperativety with young people, pants, partners and funders to develop and deliver services 2. We will work with honesty and integrty 3. Our servi¢es are inclusive. safe and supportive 4. We will Ireal everyone with dignty and respect 2.3 Our objectives Helping young people develop necessary lrfe skills such as communication. decision making. problem solving and goal setting. Creating fun. safe spaces for young people to play, interact and learn. Facilitating groLFP activities to help young people build and maintain positive relationships. Improving the fflness and mental wellbeing of children and young people through physical activity- Encouraging young people to engage in lo¢al communty events, helping them learn about their communities and create better places for themselves and others to Ip4e. Giving young people the opportunrty to have and try new experiences. from taking groups on residenlials outside of London to trying new acts"vities or volunteering experiences. to club sessions like Colours for young people within the LGBTQ+ communrty. Helping young people into jobs. apprenticeships and training via employability hub. Building self-esteem, confidence and resilience in children and young people, so they alm high. believe in themselves and ftach their full potential. 2.4 Summary oflhe main activities undertaken forthe public benefit SYCT offers a wide range of services, projects and aetivtlies for children and young people aged O 24. The charity aims to reduce social isolation, improve resilience. help develop new skills, improve mental and physical wellbeing and increase wnfhlence. Main activrties consist of the following_. 2.4.1 Groups & Clubs SYCT provides high qualty youth seNices and facilrties lo children, young people, vulnerable adults and the wKJer Communty. Drop in youth clubs for Slrealham residents offer a variety of activrtie$ for children and young people in different age groups. covering those aged 8 up to 21. Acttvities include sports, pool, gaming, board games. art and pottery. Separate sports clubs focus on impioving physical and mental heahh. Sessions include things like football. laekwondo. basketball and outdoor adventure trips.
STREATHAM YOUTH AND COMMUNITY TRUST Trustees, Roport and Financial Ststements Year ended 30th September 2023 SYCT also offers a hoork club for young carers which supports children who care for a disabled parent or sibling. This provides them wilh the time, space and support they need lo complete homework or revision. There are over 470 young carers in Lamteth and SYCT provides the only dedicated homework ¢lub. The charity offers ¢ooking classes and workshops lo ¢hildren aged 7 - 16, these fun se$snS give children vital food preparation and ¢cking skills while Ihey learn about nutrition and get practical. hands-on experience. A Young Leaders programme enables young people to njn youth work sessions. gain confidence and learn workplace skills. as well as woviding a gcth example lo younger children involved in group5 and clubs. 2.4.2 Employability SYCT also ha5 a focus on helping young people xhieve their potential in life by working on issues around employabilrty. The team supports y¢Jung people aged 16 - 24 to gel into employment, education or training. The charity provides interv¢ew skills. job search and application help. support with CV5 and Personal Statements as well as access lo local jobs appntice$hlps and training. Setting young people on the right path and providing this kind of initial support allows them to thrive. 2.4.3 Learning through play SYCT offers fun, supervised outdoor adventurous play in a safe setting, for parents and carers with children aged 0 - 5 years old. 2.4.4 Bright Futures Streatham SYCT has been working in partnership with other l¢)cal organisations (Inspirational Youth, UINCAP and Sl mhael'S Fellowship) and schools to give children and young people loeally a bright future. As part ol this group, SYCT has offered taekwondo. baking and homework clubs to children and young people. as well as offering a residential trip lo selected children who would most benefit. We have also focused on helping some older teens to become young leaders. developing their confidence, interpefsonal skills, organisation and empathy. 2.5 Attendances, achievements and outcomes Our group$ and clubs are well attended and varied. offering a range of activitbes to suit a variety of interests- a goo(l example being our Youth Work at the John Corfield Cenlre. which welcomes children and young people aged 8+ This year we worked with over 870 children and young people across all our services. We delivered a lolal of 380 Youth Club sessions, 197 Sports sessions.148 stay and play sessions and 76 Adventure play sessions, totalling more than 2000 hours of fun and play. In addition, we provided employability suppori to 80 young people over the ¢ourse of the year. Ihiough our Youth Hub, Bounce Back and Unheard Voices prc*Jrammes. Our year in numbers at the John Corfield Centre alone were as follows.. 725 local young people attended our youth clubs. Our clubs were altended a total of 5,861 times. 79 children and young people got acttve wilh our sports clubs. 11 young people became Young Leaders. to encourage and inspire younger peer5.
STREATHAM YOUTH AND COMMUNITY TRUST Trustees. Report and Financial Ststements Year ended 30" September 2023 Our football teams went from stn9th to strength. In Odober, 8 young people from our football club took a residential trip to Woodrow High House and took part in team building activities including archery. high ropes and building campfires. Youth leader3 were proud as they saw attendees leam new skills, face their fear5 and have fun. In April, two teams entered a ftball loumament run by London Youth and the Jack Petchey Foundation. The Under 12$ and Under 16s enjoyed the day. bonding as teams and experiencing some healthy competition. Our under 16s took the trophy on the day and were over the moon lo winl We also hire oul spaces lo olher communty organisation in our Conyers Road and Wellfield Road buildings. 3. INCOME AND FUNDRAISING SYCT relies on a mixture of fundraised and eamed income to enable it to provide a range of services to children and young people in Streatham. Without the generosity of individual donors and the support of Trusts and Foundations. we woukl nol be able to achieve our aims and objectives. Historicalty SYCT has adopted a dNerse income generation strategy comprising of.. Commissioned income for the ddivery ol services Small and large grants for short, medium and long tem) projects Individual donations from local supporters Earned income from room hire. sports facilrties. charity shop sales and nursery delivery SYCT is currently reviewing f¢s income generation strategy atongside the overall strategic direction of the organisation. 4. FINANCIAL REVIEW SYCT reported a deficit of £177.611 for the year ended 30 September 2023. This deficit wa$ £160k greater than the previous year. The increase was due to a range of factors affecting both the charty's income and expenses, principally a reduction of £114k in grant income attributed in large part lo a more challenging funding environment for charities and the non-recurring nalure of some grants secured in 2022 in the aftemialh of COVID and increased costs associated wilh the delivery of front-line services in a safe and sustainable way. Exceptional granl support during COVID meant that the deficit outcome could be funded without culbacks that rnighl otherwise have been warranted. The Trustees continue to closely monitor the finances and are pleased to report that the financial position has since improved such that there is no short to medium lemi threat to front line services and indeed the hope is that they can continue to devebp and build them in the face of increasing communty needs. The balance sheet reflects a decrease in nel assets equwalent to the reFQrted deficit of £177.611. Nel assets al 30 Seplernber 2023 amounted to £1,143.889 of which £862.139 is represented by the value of fixed assets. neaty all of which is OFeratb)nal land and buildings.
STREATHAM YOUTH AND COMMUNITY TRUST Tnwtees. Report and F]nan¢lal Statsments Yoar end 301ts Septombor 2023 5. RESERVES POLICY &YcT poky is to aim lo hold resew equal to 8 foThvard expwthre. TN8 implles free ¢• re8erve5 In the offler of £458.653. agaEnst whth tr measur8 of free resth at 30th Septwnber 2023 was £281.750 (beli 19 accumulated funds less tanglbte fwj ag8ets for ¢hkabte uso), équlvalent to 3.67 mnlfrts so some way sh1 of the larget. 6. INDEPENoeNf EXAIIIINER SYCT opted to have an independeirt oxarnlnati of tts A(x(yJnts 89 the opJaTTtsatson qualifies as audrt exempL SYCT gpWnted Mr M L Martln FCA of Uryd & Co Chartered Amntants, in£tependent examiner. Appr ees on 26 June 21r24 and *4¥d on thelr telolf ty. Chalr of the Board ofTruslees
STREATHAM YOUTH AND COMPIUNITY TRUST Independent Examinerfs Report to the Trustees Year ended 30 Septefflr 2023 I report to the charity Trustees on my examination of the Accounts of Streatham Youth and Communty Trust ISYCTI for the Year ended 30 September 2023. whth are set out on pages 8 - 17. R8sponslbllltlg$ and bas1$ of report A5 SYCT'S Tru51ees land also its directors for the purpose of company lawl you are responsible for the preparation ol the Accounts in a¢¢ordan¢e t the iequirements of the Companies Act 2006 {'Ihe 2006 Act'i. Having satisf5ed myself that the Accounts of SYCT are not wuired lo be audrted under Part 16 of the 2006 Act and are eligible lor independent examination. I repNt in respect of my examination of your Charity's Accounts as carried out under section 145 of the Charities Act 2017 {'the 201 l A¢l'l. In carrying out my examinab.on I have followed the DirectKJns gwen by the Charity Commission under seclKJn 145{51 Ibl of the 2011 Act. Independent Examinerfs statement Since SYCT'5 gross income exceeded £250.000 your Examiner must be a member of a body listed in section 145 of the 2011 Act. I confimi that l am qualified to undertake the examinab.on because l am a member of Ihe Institute of Chartered Accountsnts in England and Wales IICAEW) which 1$ one of the listed bodies. I have completed my examination. l ¢onfim) that no matters have come lo my attentton in COnnlI0n with the examination giving me cause to bdieve that.. accounting records were not kept in respect of SYCT as required by seth'on 386 of Ihe 2006 A¢t,' or 2. the Accounts do not accord those records". or 3. the Accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the Ae¢ounts give a 'true and fair viev/ which is not a matter considered as part of an independent examination". or 4. the Accounts have not been prepared in accordance the methods and principles of the Statemenl of Recommended Practi¢e for Accounting and Reporting by Charities lapplicable lo charities preparing their A¢untS in accordance wlh the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)1. I have no ¢on¢ems and have come across no *Xher matters in connecb.on with the examination to which attention should be drawn in this report in order to enable a pr¢)per understanding of the Accounts to be rea¢hed. 1031105 Brighton Road Coulsdon Surrey CR5 2NG M L Martin FCA Partner of Lloyd & Co Chartered Accountants Dale.. 26 June 2024
STREATHAM YOUTH AND COMMUNITY TRUST Stslemnt ol FlTran¢ial Actl¥ities Year ended 30 Septefflr 2023 Unr•irtt•O Toral Fund 2023 Total Fund 2022 INCOMÈ Gr11 2.1f2 2 265,640 61>.255 379.177 6D.25S BRquEs Fugh PNJrnK%es h¥t Charily shop Nuijety Astm kytth 5.000 115.246 40.327 184.769 55.053 l3.W 401 115.246 4a.327 184.769 95.053 1J.OD4 102.322 3B.441 175.416 39.615 20.746 15 In¥eSimt 739695 EXPEIIOIYURE 6.862 649.804 6.162 910.444 9.813 018.591 Diie¢ichartNitl• Èxpanortu NET INCOmEIIEXPETuRE} FOR TMÉ YÉAR AtCUMUiATED FUIIDS 8ROUÈHT FORWARD 132 1.301.291 1.J21.500 l.JJg.314 ACCUMULATEO FUMDS CARRIEO FORW*AD 1 113 889
STREATHAM YOUTH AND COMMUNITY TRUST S¢atement ol Flnanclal Actlvltres Year ended 30 September 2023 COMPARATIVE INFORMATION FOR THE YEAR ENDED 30 SEPTEMBER 2022 Total Funds 2032 Funds Fynds INCOME Giants 364.ln 15.C 46.059 379.177 .05 1.0 Be4ues F¥rtowh P¢emises hye Charity shr$> 14ursery Astro piith BuSifkeSS Intiti) ¥estrDeDiif&¥Jffle 102.322 3P,441 17S.416 39,61S 28.748 15 102.322 3a,441 39.815 28.746 15 610790 EXPENOITURE g.e13 440,•14 9.613 818.991 378.177 PIET INCOmEEXPEWLwYUAÉ1 FOR ThE YE4r¢ (14.f P.J14} ACCUMULATED FUIIDS ROUGHT FORWARO lJ.20J 1.J39.314 ACCUMULATeo FUNDS CARFUED FORWARP
STREATHAlIt YOUTH MD COMMUN TRUST 881on¢e Sheet Toll tr Tot•l.l•at Plx•d••ty G¥vr•Th¢ wlv eB,770 Cwh 1(cl 13203 Total fuAd• zi under sgctlon 477 of th• cnnI$ Ac12[ relatrwj lo smo11 ¢tynpani8S. Trusteeg rtspon8blliU#: . Tl meynbers hty t mqulfed tr ccffip8ny io obtain an authl of Ils fjmndal slat0n tr the peflod in QUtl In accoance se¢llon 476: . Tho Irusteos ?rledge th8ir r•8ponsiblikn fx r>)mptyrfTrJ wllh the wuSrwr.Dl. th• Ad with The5¢ flnandal sfments have been prep8rnd kn a¢£ordane vAh Ihe.provlslons appllc8bie lo compani subjeci to IIMP srnall comp, re and lfrrt FthandJl Roportiry Standard SORP (FRS102>. Th¢ fihan¢lal statfrnfits pageg 8 to 17 •ppfry•d by the Tw¥lg08 on 26 Jum 2024 and S&n ir behaK by.- A Walm8 Tru$t8e
STREATHAM YOUTH AND COMMUNITY TRUST Statement of Cash Flows Year ended 30 September 2023 2023 2022 Op8r•iing Acti¥itt•5 Nei 1rWm(eXDen¢tuI 1177.611) 117,8141 Adjustmeni frf. Depre•alion 1176.0251 115.7081 Oecreasel(uiaStj ui detAots IDecreaSenea5e ir• rxedilvs 16.117 25.039 13.8541 13.9861 Cash generÈiedllulihsedl by acv5 23.548 Net cash g9Th7rattrdlluti115•dl Cash gereratedllubli%dl byowraliThJ actNits 1134.869) 123.5481 Cash and cash ewivents al 1 Oclober2022 7.663 471.231 Cash end cash equivalents ai 30 Setyertv2023 312 814 447 683
STREATHAM YOUTH AND COMMUNITY TRUST Notes to the Financial Ststem•nts Year ended 30 Septsmber 2023 1 Accounting policies lal Basis of preparation SYCT is a public benefit enbty wthin the meaning of FRS102. The financial statements are prepared under The Companies Act 2006 and in¢orpor*e the requirements of Statement of Recommended Practice SORP {FRS1021. The financial statements have been prepared in order to give a 'true and fair vievl and have departed from the Charitie5 IAccounts and Reports) Regulations 2008 only lo the extent required to provide a 'true and fair view,. This departure has involved apptyin9 Statement of Recommended Practice SORP IFRS1021 rather than SORP 2005 vA)ich has been wthdrawn. The financial statements are prepared on the accruals. basis applying the historical Cost convention. The financial stslements include all transaCtn5. assets and liabilittes for which SYCT is responsible in law. The principal accounting policies adopted in the preparab'on of the financial stslemenls are as follows.. Ib) Income Income is in¢hJded in the Statement of Financial Ath'vibes lo the extent that such resour¢es have been received or are otherwsse due at the year end. Vdvntary incorne is w¢eived by way of grants, donab"ons. bequests, flrnd raising acti¥th"es and nvestment rncome. Donated services and f3¢ililie5 are included at a best estimate of their value. Ic) Expenditure Expenditu is in¢luded in Ihe Ststement of Financial Actmties based upon the dale it is incurred. Fund raising activib.es ¢omprise Ihe costs associated wlh attracting voluntary income including the Costs of running functions and events. Direct charitable expendrture comprises Ihose costs incurred in the delivery of a¢tivikn"es an¢J services Elements of st vthich a the subject of re51ricted funding are idenlrfied and shown as reslricle(l expendrture. Id) Fund a¢¢ounting lil Endowment funds arise where incomin9 resources have a specified purpose and are in the nature of capital sums from which onty the income arising can be spent (according to the PUTPDSe$ specified by the donors, if any, or otherw5e al Ihe Tw51ees' disGretionl. li1} Restricted funds arise where in¢oming soUrceS have a specffjed purpose.. related expendilure is allocated against such income. liiil Restricted income which relates to fixed assets expenditure is transferred lo unrestn'cted funds following its ulilisation to the extent that such expenditure relates to the fvrtheran¢e of direct Charitable luniestrictedl activikn"es. livl Unre$tri¢ted fvn¢Js arise where there is no speCifd purpose and may accordingly be lI1$e at the Tru51ees' discrekn'on. Iv} Accumulated fvnd5 represent aggwate retained amounts. and comprise balance$ on endowrnent. restricted and unrestricted fvnds. 12
srREATHAM YOUTH AND COMMUNifY TRUST Nots$ to the Fin*ncial Ststsments (Continued) Year ènded 30th September 2023 1 Accounting pollcies (continued) {e) Tanglble fixed assets Tangible fixed a$sets ale stated at cost less depreaation. Depreciation is provided so as to WTite off the c05t of fixed asse15, less any residual value, over their estimated useful INes. applying policies as follows.'- Freehold land Freehold buildings Furniture. fittings & equipment Motor vehicle5 Not depreciated Not depCIated 25% per annum v4ritten down value 20% per annum straight line lfj Operating leases Costs of operatsng leases are included in the Statement of Financial ActivrtS as incurred. Ig) Taxation SYCT ha$ full chantable status and has no a¢tNrfies which would be liable to eTther income or corporation lax. All rts income is applied for charitable purposes. Income tsx is recoverable on g aid donations and is 8ecounled for as rt oMe$ receivable. 13
STREATHAM YOUTH AND COMMUNI TRUST Notes to the Financial Statements Icontinuedl Year ended 30 septeMr 2023 Schedukn to the 51at•ment of FlnarKial 2 1 Grants- Restri¢id fund5 Ytsulh Club LB lbeth Chlthn oTrJ Yr•Jrs P Youth Hub L8 Lsmi¢th .432 Arthit•ctural MiitA9e Grant ¢hitectwa Fund HorticuRu¥e Apprenlice Grant L8 L4mb2th Glr15 Group Grnrt &rf5 Group Grart 10.IXW) sUppove Connect40fbS LB Lambe Youth pr( Jac PcY 3.7ty) Small Sports Grants YAh 5urnmer of Food and Fwi LB Lambeth 20.996 Adyerture Pky9lOund L8 Lafflbeth lJ.427 Food Projects Fund Fu Grnnts ft>rC•rnDvlerEqvwm¢ L8 L¥mDeth Semt4e Netwks 3.2 Totsl Restri¢ted Gwants 2.2 Grants- Urbrostrictsd lunlJ* s.000 To¢•1 Grnnts 265.fj40 2.3 Income W¢0t Fwndèb L8 L3mb 20.464 .58.505 14
STREATHAM YOUTH AND COMMUNITY TRUST Notes to the Financial Statements {contlnuedl Year ended 30 September 2023 2.3 D1Cl charitable expenditure Resliicted Unrestricted Total 2023 Total 2022 SalarEs National Insurance Pension Staff Trainin9 Centre Acbvit*5 Chanty Shop Astro Pitch Nursery Water rale5 Lght and heat Premwslequipmenl maintenar¢ In$uran¢e Printing postay and Sta1)nery Ccpiefwrinier rental Telephone Travel Accountancy & payrom Management support Legal an(1 PrOfessrtaI 88nk charges Human Reswrces Rerrurfrneiit Other Depreciat Governance 198.740 308.722 33.059 17.548 12.628 41.417 17.664 65 7.572 1,764 16.014 77.147 11.317 12,585 7.875 18.303 $07,462 33,059 17,548 12,628 103.317 17.664 65 7.572 1,764 16,014 77,147 11,317 12.585 7.875 18.303 7,346 12,336 31,994 10,811 2.189 5.09S 10.506 2.763 1,586 1,500 466.350 32,589 16,679 6,036 63,891 13,542 61.X¥) 3.493 3.178 16,130 100,366 10,387 13.722 6.857 17.580 8.578 11.488 3,234 6,898 2.155 5.09S 12.336 11.994 10.811 2.189 5.095 10.5C6 2.763 1.586 7,636 2,106 1.200 260.640 649.804 910.444 Tangible fixed assets Freehold latMI and buildings Furniture, flwngs & equipment v•hicl¥s Totsl Cost Al 1 O¢loter 2022 IIK)ns 0posaL5 At 30 Septernl)er 2023 1.231.094 49.210 44.136 1.324.440 1.231.094 49.210 44.136 1.324,440 Oepftciation Al l October 2022 Charge for the year OtsposaL8 At 30 Septembef 2023 374,ClJ1 42.578 44.136 458,609 1.586 374.CQ1 44.164 462,301 Nèt book value At 30 SepiembEr 2023 857 093 5.046 862.139 At 30 Septetmber 2022 857,093 6.632 863.725 15
STREATHAM YOUTH AND COMMUNIry TRUST Notes to the Financial Statements Itontinued) Year ended 30 September 2023 2023 2022 A¢¢ru•l$ and deferr¢d In¢orne 58.527 23.196 22.488 34.196 Qther Cr&Silors 81.723 Trustee and employee emolwhents 2023 2022 Staff costs. Wages and sakrs Naiional Insurance Pension 507.462 33.059 17.$46 466,350 32.589 16.679 558.C67 515.618 Average numter of (lull time equvanll pa1 emp 22 None of the receNed arby MUneral One ernoYee lecei emolurywts of £60.CiIO or mtye 12022- 11 Pension ¢o$ts". SYCT c¢ntribule5 urtht auto enroknent to the Pensions Trust PensJn Scheme la national scheme operated for charit*sl. The assets of Ihe 5theme are hekr separately Irom those of SYCT in an independenlly adrninkstered fund. The pensign costs relerTr4 to In Ihi$ note repsent conlributions Payab io the scheme the ye. TrJn$•etitin$ with Tntsttes Nore ol the trustee5 have b8eTh paKI any remunerab.on or rewed any 0th2r benefits trom an employment with the chanty or related entrty. Trustee5' Lvèbility InsurJn SYCT hobJ5 it5 TnJslee5 upio£1.CW.CO) in Ihe •3veg8te 16
STREATHAM YOUTH AND COMMUNITY TRUST Notes to the Financial Statements Icontinuedl Year end•d 30 Septemb•r 2023 Fund hlovefflertJ 81 3fySep23 01<>22 ExpeTrtuie Endowmem Fund Jonn Corhekj R#iri¢t•d Fun Y(yJth Club YtyJth HL Architeclural Heritage Giant IthcuiwApen¢e Grani Girfs GrDuD &anl 89.883 35,432 25.0(N) 30,000 io.o(N) 20,000 ),7(K) 1,000 20,998 13,427 {89.8831 (35 4321 125,0001 120,0001 110,0001 120.0001 11,7001 Yeuth ProiEcts Sm1 Suntrrer ol Food and F Adventure PL3ygiound Food Proieris 130.9981 18,ofpJl 13,2(L)I 260.640 1260,6401 Funds Gener 479 055 656 666 Tcl Funds 739 695 917 3C6 1 143 889 An•tysiS ol PIAsstts b8iwA4•n Fur FLThts Funds FvrMIs Tallgiye as5et5 862.139 862.139 .659 312.814 Cash at b•nk 299.611 161.7231 13.203 1.130.686 1 143 889 Suffuent reSArCe5 are hdd 4) an 4PmYthfrfjn ty enaik frJTrJto in 17