WOLVERCOTE YOUNG PEOPLE’S CLUB LIMITED
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2021
CHARITY REGISTRATION No: 1149132 COMPANY REGISTRATION No: 08125791
WOLVERCOTE YOUNG PEOPLE’S CLUB LIMITED (A COMPANY LIMITED BY GUARANTEE)
CONTENTS
Page 2 Legal and Administrative Information Pages 3 - 10 Report of the Trustees Page 8 Statement of Financial Activities Page 9 Balance Sheet Pages 10 - 16 Notes to the Financial Statements Page 17 Independent Examiner’s Report to the Trustees
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WOLVERCOTE YOUNG PEOPLE’S CLUB LIMITED (A COMPANY LIMITED BY GUARANTEE)
LEGAL AND ADMINISTRATIVE INFORMATION
CHARITY NUMBER 1149132 COMPANY REGISTRATION NUMBER 08125791 TRUSTEES AS AT 31 MARCH 2021 David Duthie Teresa Hall (appointed 2/7/2020) Anthony Hewlett Carol Peaker
REGISTERED ADDRESS Astral House Granville Way Bicester Oxfordshire OX26 4JT DATE OF INCORPORATION 2 July 2012 GOVERNING DOCUMENT Memorandum and Articles incorporated 2 July 2012
BANKERS The Co-operative Bank INDEPENDENT EXAMINER Sheila Parry FCCA
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WOLVERCOTE YOUNG PEOPLE’S CLUB LIMITED (A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of the Accounting and Reporting by Charities: 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) (effective 1 January 2015).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The charity’s purposes are set out in the objects contained in the Memorandum of Association. The objects are to promote the mental, physical and spiritual well-being of young people in Wolvercote and Cutteslowe by providing a safe place where they can grow, learn and flourish under the guidance of qualified youth workers and trained volunteers, such that they make a positive contribution to the local community and wider society.
The Board of Trustees review the articles and our aims and objectives annually. We assess our effectiveness and achievements and decide which activities must continue and what else we could do to enhance the lives of young people. The Board reviews the benefits that our activities have brought to the people we support and this helps us to stay focused on our key objectives.
The Board has referred to the Charity Commission’s guidance on public benefit and uses this to help them plan current and future activities.
Many young people depend on us for their mental, social, physical and spiritual well-being, not only through the activities on offer, but also through the encouragement and support that they may be lacking in their home environment. A good source of guidance, education and entertainment is also essential for keeping you people off the streets and away from the negative influences of drugs and alcohol that are sadly rife in some areas of the community.
Wolvercote Young People’s Club (WYPC) provides a safe, fun place for the young people of North Oxford and the surrounding areas. Our vision is to provide a bustling hub of community activity involving people of all ages, with a specific focus on young people from ages 7 to 19. We seek to grow the involvement of young people with the club and community at large by providing activities centre around strong values, good educational content and most of all, fun.
WYPC is run by local people who are passionate about growing the club into the hub of the community it deserves to be.
Charitable activities
When we think about the WYPC over the past year, two words spring to mind: creativity and community. The formally dull courtyard blossomed with a youth-designed mosaic tree scene and a mural. The sports court burst out in colourful graffiti art. Kids paraded in their self-created tie-die
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WOLVERCOTE YOUNG PEOPLE’S CLUB LIMITED (A COMPANY LIMITED BY GUARANTEE)
shirts and painted their thoughts on smooth round stones. Scripts were collaborated on, and short movie scenes filmed, meals cooked together, and jokes shared. There was discussion, dancing, drumming, and celebrations of different cultures. Meanwhile the club’s standard fare of sports, ping pong, pool, and snacks gave young people a chance to decompress informally and bond with new friends. The spacious premises of the WYPC allowed everyone to spread out, so that social distancing and Covid safety measures did nothing to impede the enthusiasm and joy of young people as, once again, they gathered together.
Our longest standing member of staff, Clare O’Leary launched an Art Café for juniors, a space for creative projects, cooking, and fun, bringing together kids from Wolvercote, Summertown, Cutteslowe and Jericho.
Meanwhile, Beatrice (who is also our resident film-maker), infused a calming energy to her WellBeing Walks. Initially a response to lockdown limits on youth work, Beatrice’s walks became a regular fixture in the WYPC calendar.
During lockdowns we were forced to shut our doors. But Head of Youth Work, Marsha Jackson and her team immediately responded with online cooking and craft projects. Ingredients, recipes, and craft kits were delivered to homes around Oxford and weekly video sessions allowed kids to learn new skills, have a laugh, and share pictures of their creations. By creating a safe internet environment, we were equipping young people with the skills to manage social and formal relationships in an often dangerous and confusing digital era. In a time of complete social isolation, they were engaging in group work skills, and becoming part of an inclusive and supportive community. Delivering the art and food parcels gave youth workers the chance to have a friendly check-in with families at a distance on the doorstep. One advantage of working online was that it allowed us to reach children who were doubly isolated due to disability or health reasons.
Our staff
We continue to value the dedication of our staff and are fortunate to have a very committed workforce, who have built up meaningful and supportive relationships with the people we support. We continue to place great emphasis on recruiting and retaining well-trained staff. We have invested in training for our staff, which has provided them with more skills and confidence in working with people who challenge them.
Public benefit
All of the above activities have contributed to the charity’s purposes which are to promote the mental, physical and spiritual well-being of young people in Wolvercote and Cutteslowe. Our activities provide public benefit by ensuring that young people are provided with a safe place where they can grow, learn and flourish, such that they make a positive contribution t the local community and wider society.
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WOLVERCOTE YOUNG PEOPLE’S CLUB LIMITED (A COMPANY LIMITED BY GUARANTEE)
FINANCIAL REVIEW
Principal funding sources
The charity’s main sources of income are derived from voluntary donations, grants from charitable trusts and foundations, corporate donations, gifts (large and small) from private donors, hall hire and our own fundraising events.
Total income has increased from £81,311 last year to £96,528 this year. Income from donations has increased from £68,039 last year to £83,262.
Income from hall hire was £12,139 (2020: £12,864). The Club is operated through premises owned by the local authority. The charity lets out the Club’s facilities to local groups for community activities, when they are not required for our own use.
Grants have formed a large part of our voluntary fundraising income and we maintain a wellresearched programme of grant applications. Grant income has increased from £49,263 to £73,080.
The trustees are happy that whilst expenditure does exceed income by £5,168, there is sufficient in the general funds to address the shortfall. Our total reserves amounted to £78,507 (2020: £83 675). Strong financial management is in place and the trustees regularly review current and future funding.
Reserves policy
The charity’s policy is to maintain general unrestricted reserves at or around a level which enables the ongoing activities of the charity to be funded for a period of approximately three months looking forward. At March 2021 levels of expenditure, this amounts to £23,400.
The trustees have reviewed this policy in the light of experience and their plans and expectations for the future, Given the commitments attached to the running of a significant-sized operational facility and the considerable uncertainties surrounding the future income streams on which the charity depends, they have confirmed that it is prudent to maintain the current policy.
FUTURE PLANS
The Covid pandemic, climate crisis, and economic insecurity have all contributed to an increasing need for support amongst young people. In December 2020, the trustees decided that given its fantastic premises, the WYPC could and should be doing more. The board agreed that the club would expand its youth work by providing daytime activities and resources. We sketched out plans and dreams for the future: a youth-run community café, a music room, youth business start-ups, a daytime support hub for young people searching for work, housing, training, or just in need of a listening ear. To facilitate this, and to ensure that the WYPC’s existing provision is unfailingly consistent and reliable, the trustees decided to create the new role of Charity Manager, with recruitment to take place in 2021.
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WOLVERCOTE YOUNG PEOPLE’S CLUB LIMITED (A COMPANY LIMITED BY GUARANTEE)
STRUCTURE GOVERNANCE AND MANAGEMENT
Governing document
The organisation is a charitable company limited by guarantee, as defined by the Companies Act 2006. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association.
Governance and management
WYPC is run by a Board of Trustees who are responsible for the strategic direction of the charity. The trustees have a wide range of skills pertinent to the charity and therefore each trustee has an area of particular interest. Together they are responsible for delivering the objects of the charity. The trustees employ a Lead Youth Worker to oversee the operational aspects of the charity.
New trustees are appointed by the Board and all trustees must be at least 18 years of age and capable of managing his or her own affairs. All trustees are required to have a Disclosure and Barring Service (DBS) check on appointment and then every three years.
All trustees give their time voluntarily and expenses may be paid. No expenses were paid during the year ended 31 March 2021 (2020: £nil)
The Board meet once a month. The treasurer presents a finance report at each trustee meeting. Other reports are presented from trustees and the Lead Youth Worker as necessary at each meeting so that the Board are fully briefed on issues relating directly to them.
The Board approve the annual budget and monitor the financial position of the charity regularly.
Induction and training and new trustees
New trustees are given an induction into the working of the charity. Trustees are encouraged to get to know the people we support and our staff. Training is provided as required.
Reference and administrative details are shown on page 2.
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WOLVERCOTE YOUNG PEOPLE’S CLUB LIMITED (A COMPANY LIMITED BY GUARANTEE)
Statement of Trustees’ responsibility
The Charities Act and the Companies Act require the Board of Trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to:
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select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
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state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements.
The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity’s transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Trustees are also responsible for the contents of the Trustees’ Report and the responsibility of the Independent Examiner in relation to the trustees’ report is limited to examining the report and ensuring that, on the face of the report, there are no inconsistencies with the figures disclosed in the financial statements.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
I approve the attached statement of financial activities and balance sheet for the year ended 31 March 2021 and confirm that I have made available all information necessary for its preparation.
Val Tate, Chair of Trustees
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WOLVERCOTE YOUNG PEOPLE’S CLUB LIMITED (A COMPANY LIMITED BY GUARANTEE)
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021 Incorporating Income and Expenditure Account
| Notes Income from: Donations and legacies 2 Charitable activities 3 Other trading activities 4 Investments Total income Expenditure on: Raising funds 5 Charitable activities 6 Total expenditure Net income / - expenditure Transfers between funds Net movement in funds Reconciliation of funds: Total funds brought forwards Total funds carried forward |
Unrestricted Funds £ 35,122 1,125 12,139 2 48,388 441 61,264 61,705 - 13,317 167 - 13,150 68,301 55,151 |
Restricted Funds £ 48,140 - - - 48,140 - 39,991 39,991 8,149 - 167 7,982 15,374 23,356 |
Total 2021 £ 83,262 1,125 12,139 2 96,528 441 101,255 101,696 - 5,168 - - 5,168 83,675 78,507 |
Unrestricted Funds £ 44,807 155 12,864 273 58,099 - 71,592 71,592 - 13,493 353 - 13,140 81,441 68,301 |
Restricted Funds £ 23,232 - - - 23,232 - 23,060 23,060 172 - 353 - 181 15,555 15,374 |
Total 2020 £ 68,039 155 12,864 273 |
|---|---|---|---|---|---|---|
| 81,331 | ||||||
| - 94,652 |
||||||
| 94,652 | ||||||
| - 13,321 - |
||||||
| - 13,321 | ||||||
| 96,996 | ||||||
| 83,675 |
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WOLVERCOTE YOUNG PEOPLE’S CLUB LIMITED (A COMPANY LIMITED BY GUARANTEE)
BALANCE SHEET AS AT 31 MARCH 2021
| Notes FIXED ASSETS Tangible Assets 9 CURRENT ASSETS Debtors 10 Cash at bank CREDITORS:Amounts falling due within one year 11 NET CURRENT ASSETS NET ASSETS FUNDS INCOME FUNDS Unrestricted Income funds 12 Restricted Income funds 13 TOTAL INCOME FUNDS |
2021 £ £ 8,283 879 73,748 74,627 4,403 70,224 78,507 55,151 23,356 78,507 |
2020 £ £ 12,525 2,423 74,177 76,600 5,450 71,150 83,675 68,301 15,374 83,675 |
2020 £ £ 12,525 2,423 74,177 76,600 5,450 71,150 83,675 68,301 15,374 83,675 |
|---|---|---|---|
| 83,675 | |||
| 68,301 15,374 |
|||
| 83,675 |
For the year ended 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Trustees responsibilities:
• The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These financial statements were approved by the members of the committee and authorised for
The notes on pages 10-16 form part of these financial statements.
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WOLVERCOTE YOUNG PEOPLE’S CLUB LIMITED (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
1. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared under the historical cost convention. The financial statements have been prepared in accordance with the Charities Act 2011 and in accordance with the Statement of Recommended Practice (SORP): Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102).
The Trust constitutes a public benefit entity as defined by FRS 102.
The trustees have considered the potential impact of Covid-19 on the running of the Community Centre in 2020/2021 and can report that they have received grants amounting to £16,408 since the year end to offset the loss of letting income. They are therefore confident that there are no other material uncertainties about the Trust’s ability to continue as a going concern and having considered all the circumstances, are confident that the future of the centre is secure for the next year.
Income
All incoming resources are included in the statement of financial activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Donations and legacies are reported in the Statement of Financial Activities if they are received or due in the financial year.
Donated professional services and donated facilities are recognised as restricted income when the economic benefit is transferred and the benefit can be measured reliably. In accordance with the Charities SORP 2015 (FRS102) volunteer time is not recognised in the financial statements.
Expenditure and liabilities
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Expenditure represents amounts invoiced, including value added tax.
Donations are accounted for on a paid basis.
Tangible Fixed Assets and Depreciation
These are capitalised if they can be used for more than one year, and cost at least £500 They are valued at cost or, if gifted, at the value to the charity on receipt. Depreciation is charged on the following basis: Motor vehicles – 25% on reducing balance Computer equipment – 25% on reducing balance
Taxation
The Charity is exempt from corporation tax on its charitable activities. Value Added Tax is not recoverable by the Charity and as such is included in the relevant costs in the statement of financial activities.
Commitments
There are no annual commitments under non-cancelling operating leases at 31 March 2021 (2020: none).
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WOLVERCOTE YOUNG PEOPLE’S CLUB LIMITED (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 (continued)
2. INCOME FROM DONATIONS AND LEGACIES
| Unrestricted £ Donations 8,333 Gift Aid 1,849 Grants 24,940 Total Donations 35,122 3. INCOME FROM CHARITABLE ACTIVITIES Unrestricted £ Subscriptions - Furlough grants 1,125 Total Charitable activities 1,125 4. OTHER TRADING ACTIVITIES Unrestricted £ Hall hire 12,049 Other income 90 Total Charitable activities 12,139 |
Restricted £ - - 48,140 48,140 Restricted £ - - - Restricted £ - - - |
Total Funds 2021 £ 8,333 1,849 73,080 83,262 Total Funds 2021 £ - 1,125 1,125 Total Funds 2021 £ 12,049 90 12,139 |
Total Funds 2020 £ - 2,540 62,959 |
|---|---|---|---|
| 65,499 | |||
| Total Funds 2020 £ 155 - |
|||
| 155 | |||
| Total Funds 2020 £ 12,864 - |
|||
| 12,864 |
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WOLVERCOTE YOUNG PEOPLE’S CLUB LIMITED (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 (continued)
5. EXPENDITURE ON RAISING FUNDS
| Unrestricted £ Fundraising costs 441 441 6. EXPENDITURE ON CHARITABLE ACTIVITIES Unrestricted £ Youth services 47,547 Support services 13,717 Other expenditure - Total charitable activities 61,264 7. NET INCOME/EXPENDITURE FOR THE YEAR 2021 £ Directors’ remuneration - Depreciation 3,577 8. STAFF COSTS AND NUMBERS 2021 £ Wages 38,550 Social security costs - Pension costs 628 39,178 2021 Youth Workers 8 Administrator 1 9 |
Restricted £ - - Restricted £ 39,957 34 - 39,991 2020 £ - 4,173 2020 8 1 9 |
Total Funds 2021 £ 441 441 Total Funds 2021 £ 87,504 13,751 - 101,255 |
Total Funds 2020 £ - |
|---|---|---|---|
| - | |||
| Total Funds 2020 £ 90,478 - 4,174 |
|||
| 94,652 | |||
No employee received any pay or benefits in excess of £60,000 in either year.
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WOLVERCOTE YOUNG PEOPLE’S CLUB LIMITED (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 (continued)
9. TANGIBLE FIXED ASSETS
| 9. TANGIBLE FIXED ASSETS | ||||
|---|---|---|---|---|
| Motor vehicles |
Computer Equipment |
Total | ||
| £ | £ | £ | ||
| COST | ||||
| At 1 April 2020 | 15,919 | 18,249 | 34,168 | |
| Additions | - | - | - | |
| Disposals | - | - 886 | - | 886 |
| At 31 March 2021 | 15,919 | 17,363 | 33,282 | |
| DEPRECIATION | ||||
| At 1 April 2020 | 13,085 | 8,558 | 21,643 | |
| Charge for the year | 709 | 2,868 | 3,577 | |
| Disposals | - | - 221 | - | 221 |
| At 31 March 2021 | 13,794 | 11,205 | 24,999 | |
| NET BOOK VALUE | ||||
| At 31 March 2021 | 2,125 | 6,158 | 8,283 | |
| At 1 April 2020 | 2,834 | 9,691 | 12,525 | |
| 10. DEBTORS | ||||
| 2021 | 2020 | |||
| £ | £ | |||
| Trade debtors | - | 940 | ||
| Social security | 272 | - | ||
| Prepayments | 607 | 1,483 | ||
| 879 | 2,423 | |||
| 11. CREDITORS AND ACCRUALS: | AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2021 | 2020 | |||
| £ | £ | |||
| Social security and other tax | - | 418 | ||
| Other creditors | 2,003 | 816 | ||
| Accruals and deferred income | 2,400 | 4,216 | ||
| 4,403 | 5,450 |
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WOLVERCOTE YOUNG PEOPLE’S CLUB LIMITED (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 (continued)
12. UNRESTRICTED INCOME FUNDS
| General funds Designated funds: Minibus Music studio Maintenance work Staff IT |
Balance at 1 April 2020 £ 38,344 1,941 10,000 5,000 5,000 8,016 68,301 |
Income £ 48,388 - - - - - 48,388 |
Expenditure £ - 61,705 - - - - - - 61,705 |
Transfers £ 6,842 184 - - 5,000 - - 1,859 167 |
Balance as at 31 March 2021 £ 31,868 - 2,125 10,000 - 5,000 6,157 |
|---|---|---|---|---|---|
| 55,151 |
Purpose of designated funds:
Minibus
The funds designated for the minibus are being amortised to match the depreciation charge in the financial statements £2,125 (2020: £1,941)
Music studio
The trustees have designated £10,000 to support the installation of a recording studio.
Maintenance work
The trustees have designated £5,000 to support future maintenance work on the building, since it is the charity’s responsibility to maintain the building. This was spent during 2020-21.
Staff
The trustees have designated £5,000 to cover staff liabilities in the event of a drop in income.
IT
The funds designated for IT are being amortised to match the depreciation charge in the financial statements £6,157.
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WOLVERCOTE YOUNG PEOPLE’S CLUB LIMITED (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 (continued)
13. RESTRICTED INCOME FUNDS
| Music project IT Minibus fund raising Driver training for the minibus Hall refurbishment Big Lottery Covid funding Dragon School Leys CDI OxCC Cooking OxCC Heating OxCC Media Oxford Food Oxon Comm Found OxonCC Mural TV Police Total restricted funds |
Balance at 1 April 2020 £ 11,952 167 2,017 738 500 - - - - - - - - - - 15,374 |
Income £ - - - - - 8,360 5,000 7,442 767 2,300 2,819 2,142 2,350 3,160 13,800 48,140 |
Expenditure £ - - - - - 500 - 8,360 - - 7,442 - 767 - 1,470 - - 2,142 - 2,350 - 3,160 - 13,800 - 39,991 |
Transfers £ - - 167 - - - - - - - - - - - - - - 167 |
Balance as at 31 March 2021 £ 11,952 - 2,017 738 - - 5,000 - - 830 2,819 - - - - |
|---|---|---|---|---|---|
| 23,356 |
Purpose of restricted funds
Music project
These funds are being used to fund music projects, which includes the planned installation of a recording studio.
Others
The funds received in respect of other donations are utilised in accordance with the donors’ wishes.
14. ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Tangible Fixed Assets Current Assets Current Liabilities |
31 March 2021 Unrestricted £ 8,283 51,271 - 4,404 55,151 |
31 March 2021 Restricted £ - 23,356 - 23,356 |
31 March 2021 Total £ 8,283 74,627 - 4,404 |
|---|---|---|---|
| 78,506 |
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WOLVERCOTE YOUNG PEOPLE’S CLUB LIMITED (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 (continued)
15. TRUSTEES AND OTHER RELATED PARTY TRANSACTIONS
No trustees received any remuneration, expenses or received any other benefits from an employment with the charity.
There were no related party transactions during this financial year (2019-20: £nil)
16. KEY MANAGEMENT PERSONNEL
The key management personnel are the trustees. There is therefore no associated cost.
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WOLVERCOTE YOUNG PEOPLE’S CLUB LIMITED (A COMPANY LIMITED BY GUARANTEE)
Independent examiner's report to the trustees of Wolvercote Young People’s Club
I report on the accounts of the company for the year ended 31 March 2021, which are set out on pages 8 to 16.
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 accounts. 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:
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examine the accounts under section 145 of the 2011 Act;
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to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
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to state whether particular matters have come to my attention.
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 statement below.
Independent examiner's statement
I also confirm that as a member of Association of Chartered Certified Accountants (ACCA), I am subject to the provisions of the FRC’s Revised Ethical Standard (2016). This standard has been applied throughout this independent examination.
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:
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to keep accounting records in accordance with section 386 of the Companies Act 2006; and
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to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Name: Sheila Parry FCCA Date: 2 February 2022
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