REGISTERED COMPANY NUM8ER: 08125791 (England and WalgBI
REGISTEREO CHAKTY NUMBER". 1149132
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATElfENT8
POR THE Y￿R ENDED 31 MARCH 2024
FOR
WOLVERCOTE YOUNG PEOPLES CLUB UMITED
Bron8en$
Charter¢d Certnled A￿G￿TrIanIs
Ed8n Hou$e
Two Rlverg Buslness Park
Witney
Oxfordshlre
OX28 4BL

WOLVERCOTE YOUNG PEOPLE'S CLUB LI￿N7ED
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Pag•
Ret•r8nc8 and AdmrnLrytratlv• DetallB
Report ofthe Tru8t••#
Ind8pendont Examinor's Roport
8tstsrn8nt of Flnancial Actl¥Stlos
Balance Sheet
Not•9 to th• Flnancial Stat•m•nt#
Detall￿ Statem•ntolFlnanclal ActNIU
9 to 15
16 to 17

WOLVERCOTE YOUNG PEOPLE'S CLUB LIMITED
REFERENCE AND ADMINISTRATIVE DEfAILS
FOR THE Y&4R ENDED 31 hlARCH 2024
TRUSTEES
Mr D J Duthle
MrA F8nton
DrVETate
Ms T Hall Ire8igned 22.1.241
REGISTERED OFFICE
Astr81 House
GTanv}l￿ W8y
Bica¥ler
Oxfordshire
OX26 4JT
REGISTERED COMPANY
NUMBER
08125791 (England and Wales)
REGISTERED CHARrrY
NUMBER
1149132
INDEPENDENT EXAMINER
Brons¥n8
Chartered C•rtrfi8d Accountants
Eden House
Two RNers Business Park
tney
Oxford8hl
OX28 48L
Page 1

WOLVERCOTE YOUNG PEOPLE'S CLUB LIMTfED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees of Wolvw¢ot8 Young Peoplè's Club IWYPCI {the 'Club"I, who aro aLso directors of tt* eharty
for tho purposes ol the Companies Act 2006, presènt thelrannual report and Ilnawal stalements fGY the ygar
ended 31 Mar¢h 2024.
The finanoal si8temenls have been prepared in &corrlance w￿h the accounfr'ng polKEs sel out In note 1 10
the financial statemonls and oirnply with ths Charity's Article5 01 Associ8tion, the Companies Act 2006 and
"Accounting and Reporting by Charities. Statement of Recommended Practice applic8b18 to charrbes
prepaAng their accounts in 8¢w[dan￿ wrth the Financial Reporting StsndÈrd 8ppIiGable in thè UK and
Republic of IreLqnd IFRS 1021 (effective 1 January 20191.
08JECTIVES AND ACTIVITIES
Oble¢tlv•s and actfvltseB
The Tru8tees h8ve parij due regard to guldants isgued by tho Charfy Commission in dech*lng what actwIt￿S
the Charty should undertake. The ¢harity3 PUTPOSèS a￿ sel out in Ils Articles of AssocialKJn. The objects 8re
lo promote the mental. physical, and spiritual well-being of young people in Wolvercole, Cutt*51owo and the
surrounding area. The Club provides 8 sale pkce lor youtFg peop￿ lo grow, flourish and leam how lo make a
Positive eonlribullon to the local communty and wider sOC￿lY, undor the guidance of qualifie(l youth workers
and trained volunteer5.
The Club's aims, obj8Ctlv&s and tr*nefilB for it5 young people are revEwed annualty. The Tiust6e5 asse88 th
Glub's effectiveness and achievernents and dechle which activitiès should conb.nuts and what else could b
dona to empoweryoung péople to moke informed decisions to tenetil thair futures.
Achlevemtrnts and performance
Therè has been mu¢h to t• celebr* thi8 past year. Our youth woth team has buitt 8 bu8y, vibrant and
thrivlng spac8 for young people in and around Wolver¢ole. New leadership brought an In¢rea58 In the number
of regularly attending seniors 111 years old upwards). The Sem￿ offering expanded lo include separatè
Young Women'5 8nd Young Men's gr¢ups, anLI an outreach session taka up residonce In Lower w0￿er￿te.
Youth Volce - an opptsrtunty for attendee5 10 say what actim1￿$ theyd appreciate - rnel T89uLarfy. Four youn9
Fead8rs. chosen frorn the older Sèniors, were given th8 responsibiltty and experiènce of suppc¥ting the Junior
5essKn3. Offsit6 trtps offered both e*njoyment ard. for the older age groups, opportunities to broaden the
honzons 8nd understanding of available c¥eer ¢)pportunlties.
ollaboratlon
Cdlaboration anij partngr$hips remaln a cornerstone of our 8tratÈgy. Links have be￿ bufft with muttipltr
services 95 Part of our yotrth wwDrk provi8ion. The Yourg Women 5 group has ba￿ regulaty supportèd by a
mernber of the NHS Child and AdolesGenl Mental Heatth ServKes ￿spOnso team.
A strong relatlonshSp h89 been forged wth the Cthleskwm Connathd Churth's Youth Leader.
An event tiled "C*br8ting Differences hdd in collabor81ion with Meadowbrook College, Chilworth House
and The Mulbery Hush School. enal?led tho partners lo showcasts their speciBli$l achieVem￿ts lo
prOfess￿n￿lS inelu¢Jing social care. teach8rs and youth workers. Oxfords Mayor wr48 in attendan¢8.
Awarits and events
WYPC and rt5 membors re￿iVed highly ¢c¥nmended ￿rtfficate$ for Oxford Chewoll Valley "Club of the
Ye8rf'. Volunteer of the Yearf, and 'Young Person of the Year" The Club w35 also chosen lo be one of four
rin81isls from a fiekl of over 1000 lor the BBC Make a Difference A￿￿19,
be honOu￿￿ for her lengthy servlse to young peop￿ across the Cwnty.
For Ihe second year rLJnning.
tneml)Br of staft r￿￿&d a High Sheriff8 award. Thts time. Il was sènior Youth Worker Cheryl West's turn to
Internalty, the Club held its first awards èvening for senior rnernbers, attend8J by thè High Sherffl of
O)rfordthir8, Cty and County Counullors. Ov¢r foty 8*arfs wer& presenlècl lor merrt)8rs' o)mmunity work.
Tha summer 8nDual Open ovening. run ty ttre young pwple, attracted an 8pp￿I￿ve 8udi8nce eager io see
and experience Club a¢tiwlies. The packed Christmas Fète was planned by Youth vol￿ and suppc>rted by
gr Junlor and Senior mernbers. The youry people marle a Chrislmas grotto and ￿aft5 to sell.
Page 2

WOLVERCOTE YOUNG PEOPLE'S CLUB LIMITED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
FINANCIAL REVIEW
Prlnclpèl fundlng sovrces
The chariitys main soures of income are deriveLI from voluntary donatsons, gran18 from ¢hadt8ble trusts arkj
foundations, CLKporate donthons, gffts I￿rge and smalll from private donors, hall hire aThJ fundraisirFg events.
Total income incre38ed from £88.801 Lqsl year to £125,303 this yaar. Grant incom$ more th8n doubkd lo
£92,519 IE41.200 FY 22r231. boosleLI by a small number of gr8nts restrrcled to a rnajor outrtrach prograrnme
and building refurbishment. Despite an overall diffKult fundraising year. Unrestr￿ted fvnding alBO increased
nearty 11% to £64,258 {£48,988 PY 22Q31. Income from indwldual donations fell by almost h91110 £11,031
IQO.324 FY 221231. The Club is operated through premises owned by OxFordshire County Counril. Tho
charity lets out the Clubs facilities to local group5 for community aclwrtiès, when they are not reqUI￿j for our
¢Jwn use. Income from hall hi￿ fell this year to £15.0361£21,669 FY 22r231.
OveTall income exceedèd &xpendltur& by £57,552 {-£9.444 FY 221231, driven in part by 8 considerdb18 drop in
staff costs (£34,263 vs £66,407 IFY 221231. An extended renl'holiday, granted by oxfordshi￿ County Counol
further ￿u¢ed expendrture by £19.200. Total funds carried forward al y88r ond amount to £93.106 I￿5,554
FY 221231.
ResoThes policy
It is the policy of the Ch•rity that u￿￿triCted ftJnd5 which have not been designated fgr a specffic use should
ba maint8ined at 8 le￿1 eqU￿alent to Ihree months expeThdrture.
The Trustee8 have rewewed thi5 pyjlky In the light of &xpervdn¢& 8nd their plBn$ and expectations for Ihe
future, given the commrtmenls attached to the runnino of a signthcant-sized operational facility and the
Considerab￿ un￿rtsint1￿5 surrounding tho futtsre incom$ stra8ms on v4hich the ¢h8rity deponds, the TrustÈe8
confirmed that It is prudent to niaintsin a r65erve of £27.900. The Trustaes con$thT that reservos at thi8
level will ensure that, in lh8 event of a significant drop in funding, they will be ab￿ lo Continue the Charty's
cutrent 8CtMti8s while consid8ration given to W&y8 In which &ldllional lund8 may be raised. Thls ￿Ve1 of
reseTV9S has been maintalned throughout the year.
Page 3

WOLVERCOTE YOUNG PEOPLE'S CLUB LIPITITED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED31 MARCH 2024
STRUCTURE. GOVERNANCE AND W4NAGEklEpir
Slructiire* govemance and management
The Charity b a ccmpany limited by guarantee.
The Trusteès. who are also thè direct¢xs for the purpose (fj compsny law, and who 8eThed during the year
and up to the datè of Jignature of the financial $latemenls ate li81ed on the front pa98.
The ¥fftPC Board of Trustees are respcmsible for the stratgjic direclK)n and flnanek81 management ￿ th&
charity Ttsgether they am reswsible for deliverfng the obj*ts oftha charity.
N&w trust8es are 8pptsinted by the Boartl All trustees must be at lea5l 18 years of age and capable of
managing their own aff8iTS. Thty are required to 8 Dis¢105ure and Barring Sowiee IOBS) cheth on
appointment and every three years thersarter.
Trust88s gNs their tlme voluntaiity and expenses may be pald. No expanses were pabd during the y8ar ewjed
31 M8rch 202412023". £nll).
The BoaTd mÈets at least fouf lim65 earth year. Reports are pr8$enled from Trustees and the Charity
Manager as necessary 8t each rneeting so that the Board is bxiefed on issues rdatsng diredy to them. The
Bo£rd approves the annual bud9et and monitors the fln8nc181 poSit￿n of the chahty.
New Ttustees 8re indueled iwrto thè woth'ry of th6 ch&rity. They are encouraged to gÈt to kncth th& pacy￿ we
support and our staff. Tr8iniig is provid&1 as required.
None of the Tw8t￿S has any ben8Mal inlerost in th& cL￿panY. Ari the Tru8tO98 a￿ Ir￿￿berS of th9
cc*npany and guarantes lo contribute £1 in Ihe everrt of a winding up.
The company's current policy con¢emiry the p8ym&rt of trade craditor5 to frJllow the CBI8 Pronwt Payers
Code Icopie5 are avall*le from the CBI, Centre Point. 103 New Oxford Street, WC1A IDUI.
The cornparny's curwt concèming the payment of trade creditors 1$ to..
settle the tsrms of 5￿Yment with suppliers when agreeing the lenns ol each Iranwti¢m'.
ensure that supplErs are made aware of the tern￿ of paymen* by inclusbn of thè rekvant temis In
eoTrtracts,' and
pay in accordance wilh the compan1$ contractual and other18gal oblpJ8tion$.
Tftde creibtors of the company at the year4nd wero equivalont to 17.6 day's puKchasès. basÈd on the
averaga daty amount inv(xced by Suppl￿ during the ytrar.
Staff
The 2022r23 staffing leve13 could not bè maintained in the pfèv8iling financial dlmato. The Ch8rrty Managor
and AdmSnislr8tor both resvJned in JtFne 2023 and were not replaced during the financial year. Their joint
duties wer$ assurned by the Trustees on a voluntary basis. Th& OperJlion$ Manag@r role w8$ remsed lo th8r
of a F8cilities M8fiager with fewer respon5ibiliti8s. while ensuring that heath and s8fely standards we
maintained. The Club flnishod the year with one part timÈ empby8e. A fundraising ￿nSu￿an1 was relainEIS
throughout the year to lead on the Club's grant appltstion¥. raising £92,519 of which £53,6tX was restricted
to specific projects.
We are indebted lo our bank of 8iX yOLth W￿e[S and th8 SUDPOrt of two volijnlgors wlthout vthoae
commitm¢nt, oxpvri?ncg and 8kllls we would not be ablg to Supp￿ qu811ty 58rvices to the Club's young
peoplè.
STATEMENT OF TRUSTEES, RESPONsieiLlnES
rhe trust¢es Iwho are also (he dlrectors of WrAvercote Young People's Clut) Lin*gd for the purposes of
company 18wI are responsible for preparing the Report of the Trustees and the financial sloternents In
accordan￿ wlh aPpI￿able law and United Kingdom Accountln9 Standards (Urdted Kingdom Ganerajty
Accepted Accounting Pr8ctscel.
Page 4

WOLVERCOTE YOUNG PEOPLE'S CLUB LIMITED
REPORT OF ThE TRUSTEES
FOR ThE YEAR EhlDED 31 MARCH 2024
STATEMENT OF TRUSTEES. RESPONSIBILITIES . contlnued
Company law tequir&s the trustees to prèpare financi81 statements for each finarKo1 year which give a twe
and lair wew ol the slate of atfairs ol the ¢harrtable company and of the incoming resources and appltcation of
resources, inGluding the inccme and expenditure. ol tlie charitable cornpany for that period. In preparing
those financial 8tat8menta, th8 trustees ￿￿ required to
sdect suitable aecouniing PDlicl05 and then apply them con$i8tentty",
observe the methoc*s and pfjnuples in the Charity SORP.,
makojudgements and estimal8s that ale reasonable end prud&ftt',
prepare the linancial statements on the going GOn￿M basis unless it is inappropnate to presum8 Ihet the
charitable company will continue in business.
The truste98 are rèspon3ible for keepiny prrper actcvnling record8 whlch disclose wtth reasonable accuracy
al any lime the financial poSit￿n of the charrtable company and lo ￿a￿le them lo ensure that the financial
&tstements comply with tha Compinie5 Act 2006. They are also responsible for safeguarding the assèts of
the charrtable company and hence for tsking reasonable steps for the prevents'on and detection of fraud and
other irregularbtie8.
Approved by order oflhe board oftrustses on..... ....
. and 8igned on ts tEhalfty.
Drv E Tate- Twste&
Paae 5

INDEPENDENT EXAMINER'S REPORT TO THE TRLISTEE8 OF
WOLVERCOTE YOUNG PEOPLE'S CLUB LIMITED
Indopendènt •xaminèlB report to th• trustees of Wolvercots Young Pfjople* Club Umtt•d Ilhe
Company'i
I report to the tharity trust8&8 on my eXaminth.￿ of the accounts of the Company for th8 year ended
31 Marth 2024.
Re$pon$lbillties and ba51s of report
As the charitys Iruslees of the Company land also ts ditsel0￿ lor the purposes of company Lgw) yw are
responsyole lor the pr8para*'on of th& aecounts in accordanGe the requirernentg of the Companies Act
20061'lhe 2006 Acl'l
Hawng satlsf18d rnyself thd th8 account5 gf the Cornp8ny are not required lo be audtted under Part 16 01 the
2006 Act and are eligible for Independent exarninalion, I report in respect of my ￿&mInat￿n of your charity's
a￿ountS a5 ￿Mell out under Section 145 of the Charities Act 2011 Ilhe 2011 Acl?. In c8rrylrrtJ out my
èxamination I hsve folk￿￿ the Direcli¢Jns given ty the Charty Commission under S¢ction 145151 Ibl Of the
2011 Act.
Independent examlnerfs stgtement
I have compl*ed Iny examination. I ccrfirm that no mattèrB have come to my attenlton In Connectic￿ ￿th the
examination gpilng me caus8 to b8[￿ve..
accourtin9 le￿r(IS We￿ not kept In respect of the Company a8 required by Sectw)n 386 of the 20(
Act.. or
thé accovnts do not a￿Ord wth those record$. or
the èccounts do not comply with the ac¢ovritillg requirements ¢1 Section 3￿ of the 2008 Act othBr
than arly requiremeryl that the accounts give a trug and fair vth wh￿h 1$ not a mattèr eonsidered 8$
part of an independent examin8tion' or
the accounts have not been prepared in accordance with the methc4ts and princip￿$ ol the Statement
ol Recornrnended Practice for aCC￿￿ting and reporting by chariti'es (appli￿bla lo tharittes preparing
their accounts In accord8nce with the Financlal Reporting Standard applicab￿ in the UK ènd Republic
of Ireland IFRS 10211.
I have ￿ Cor￿ern$ and have come &r&8s no oth&r matters In connectin ￿￿th th• exarnin8tK)n lo which
attention shoukl be drawn In this report li ordèr lo enable a proper Underst￿dIng of &CGounts to be
reached.
Philip Burton FCA
Bron5ens
Chartered Certif￿d Accountants
Ed8n House
Two Rivers Bus[r￿sS Park
Wrtney
Oxford$hire
OX284BL
102¥
Pag& 6

WOLVERCOTE YOUNG PEOPLE'S CLU8 UMrrED
STATEMENT OF FINANCIAL AcnviTIES
FOR THE YEAR ENDED 31 klARCH 2024
Unrestrided
fijnds
31.3.24
Total
fund8
Restricted
fiJnd$
31.3.23
Total
fund8
INCOME AND ENt)OlfyNENTS FROM
Note$
Donations and legacias
Othertrading xtlvtheB
Investment income
54,258
107,864
85,167
17.420
19
17,420
19
23,814
20
Total
71,697
53,eA16
125,303
88.001
EXPENDITURE OM
Raislng fijnds
5,000
5,636
Charitsblg actIv￿laS
Charitable expenditur
6,414
58.920
),329
5,831
5.831
2,280
Total
61,337
8,414
67,751
98,245
NET INCOMEIIEXPENDITURE)
rransfors be￿een funds
10.360
7,980
10
47.192
17,9801
57.552
19,4441
Net movement in fund¥
18,340
39,212
57,552
RECONCIUATK)N OF FUNDS
Total funds brw9ht forward
(9.4441
10,rKJ1
25.553
35,554
44.998
TOTAL FUNDS CARRIED FORWARD
2B.341
64,765
93,1(6
,554
Th? ntXg5 fomi part ofthe59 fin•nc4al ststement
P8y7

WOLVERCOTE YOUNG PEOPLEE CLUB UMITEO
BALANCE SHEET
31 MARCH 2024
Unrestricted
fvnds
31.3.24
Totsl
funds
Restrictod
funds
31.3.23
Tol81
funds
FIXED ASSETS
Tangible 8888ts
2,431
2,431
CURRENT ASSETS
Debtor8
Cash 8t bonk
4,436
29,794
64,765
5,298
29,076
94,559
30.738
64,765
95,503
CREDITORS
Arnounts falling due wthln orE year
34.374
14.828)
(4.828)
13,2561
NET CURRENT ASSETS
25.910
64,785
90,675
31.118
TOTAL ASSETS LESS CURRENT
LIABIUTIES
28.341
64,765
93,10e
35,554
NET ASSETS
28.341
84.765
93,1C6
35,554
FUNDS
Unrestricted fund$
Restricted funds
10
28,341
64.765
10,001
25,553
TOTAL FUNOS
93.106
35,554
The charilablè ¢omp&ny is ontit16d to exemption frcyn audft under Section 477 of tho Companies Act 2006 for
tha year ended 31 March 2024.
The members havg not required the company to obtsin an audit of fts financpal ststements fcy the year ended
31 March 2024 in aC￿rdanCe wdh Sgcts'on 47S of the Companies Act 20Cfj.
The trusteès ad(nowledg¢ their ￿spOnSIbl11t￿$ for
lal
Ibl
8nsuring Ihal the charitsble company keeps accounting r8cord8 that compty with S8dons 386 and 387
of the Companies Act 2008 and
preparing financlal statement3 wthich gi￿ a true and fair view OF the state of affaits of the eharilab
company as at the end of each financial year and of its Surplus or deficit for 08th financi81 year in
aCcor(jan￿ with Ihe requirements of Sect￿n3 394 and 395 and which otherwise cornply with the
requiremsnts of the Companles Act 2006 relating lo finanei81 statement5, $0 far as applicable lo the
charitable company.
Thes• financaal 3tat•nents h8vg been p￿pSTed in accordÈnce wth th8 provi8bn8 applicable lo ch8rttao
COmP8nles subjtsct to th8 8mall companies regirne.
The fin8ncl&l statements approved by thè Boarcl of Trugt9es and authutsed for issue on
. ar￿ were spaned on its beh8Kby.'
Dr li E Tat•- Tru¥lB¢
The note5 form part ol tha8e financk81 st8tem¢nts
Page 8

WOLVERCOTE YOUNG PEOPLE'S CLUB LlhllTED
NOTES TO THE RNANCLIL STATEMETrrrs
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNnNG POUCIES
Basls of prèparing the financial statomerits
The financial slalemenls of the Charitab￿ company, wh￿h a publ￿ benefit entty under FRS 102
h8ve been prepared in accorijance wrth the Charllw SORP IFRS 1021 Accounting and Reporting by
Charities.. Slaternent of Recommended PractKe applvblè to charFties preparing their accounts in
accordance with the Fin8ncial Reportlng Standard appli￿bI￿ in the UK an¢¥ Republlc of IreLgnd {FRS
1021 leffeGtive 1 January 20191., Flnanclal Rep)rting Sland8rd 102 'The Finan¢i81 Reporting Standard
applvble in the UK and Republic of Iidand, and the C(xnpanies Act 20fb. The financtal statements
have been prepared underthe hkstorical cost convention.
Financlal reportlng stsndard 102. rgduc8d dlselosure ex•mptlon$
The Charitable campany has tsken advantage of the following dLsclosure exemption in preparing Ihe8è
fin8ncial stat*m8ntS, 88 permitted by FRS 102 The Financial Reporting standard appI￿abl& in th8 UK
and Republic of IreP8nd..
th8 requiremellts of Secllon 7 Statement of Cash FEowg.
Crltleal accountlng judgements and key sources of estlmation uncertalnty
In the application ol th¢ Charity's accouniing policies, the Trustees are required to make judgements.
estimates qnd assumplions about the carrying *mount of assets and liabllitie8 t￿ are not f98dlSy
apparent from other SOU￿$. The 8s1irnates and associated 8&sumptions are based on hislorrAI
expèrience 8nd other faeior$ that are con5wJered to ￿ relevant. Actual rosutts may ¢Jiffer from these
e5timales.
The estimates and undwlying assumptions are reviewed on an ongoing basis Remsions lo accwnting
esllffjates are re¢ognised in thg penod in which estimate Is veMsed whore the revision affects on
th81 period, or In the period of the Twsion and periods wher8 the revis￿￿ affects both current
and future pericKIs.
There ￿Te no judgem&nts c*¢8tr"mates rnade in the year
In¢ome
All income is recognis&S in thg stat￿o￿t of Financial AdiwI￿S once the charity has 8ntitlernent to the
funds, rt is prrknabl? that the income will be a￿1 the amount can b& measured rèlwbty.
Cash donations ère recognisod on recèipt. Other don8tions are recoyniw onco thè Charity has been
Iiotifiad of tha don81Dn, unl6s5 portom)ance condib'ons ￿qUIre deferr81 of the amount. Inccme lax
recoverab￿ in relation lo donatv)ns re¢&vèd under Gift Aid or dee(Is of coven8nt is rec09n1s￿ at the
me of thts donation.
Exp•ndltur8
Expenditure is ￿CognISed once there is a legal or eonstruth've obllgation to transfer economi¢ benerrt
to a Ihird paty, il Is probable that a transfer of e¢onomic beneffts will be required ift settlement, and the
amount of the obligation can k measu￿d reliabty. Expendrture is classified by activty The costB of
each activity are madg up of the total of d1￿ct costs and shared costs, Including support costs Invo
in undertaking gach acllvty. Direct costs attributab￿ tts a single activity are allocatad directly lo that
activrty. Shared costs which contribute lo more Ihan one actwity 8nd support Costs wh￿h arè not
attnbulabltr lo 3 single activity are 8pportioned be￿¥ten those 8¢1ivilies on B b991ts colltsiBt&nt wSlh th8
U8e of re50ur¢e5 Central 518ff costs 8re allocated tsn the b8sis of time spent, and depreciation charges
are 8lloc*d on th8 Part￿ft of the asset's usè.
Impa5rn16nt of fix•d assets
Depreciation i5 provKled al th& fokn*Ang annual rates in order to wrfte off e￿h as58t ovw rt¥ 8slimated
useful life.
Motor v8hths
Computer equi)rThent
25% on reducing tialanc8
25% on reduclng b•lan¢g
Page 9
continued...

WOLVERCOTE YOVNG PEOPLE'S CLUB UMITED
NOTES TO THE FINANCIAL STATEMENTS-continued
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNnNG POLICIES- contlnued
Impalmiènt of flx¢d assets
Al each reporting end rJ8te, the Charity raviews the carrying amounts ol ts tangib￿ assèts to
determine whether there is any indication that th0￿ assets have suffered an impairment bss. If any
such Indicatton ox151s, the recoverable amount of the assei is estimaled in order lo delemiine the
oxtent of the impairment loss lif any).
Taxatlon
The charity exempt from Corporat￿ tax on it8 ch8rftabl& actlwties.
Fund accountlng
Unrestricted funds cth be used In ac(x)rdaw with the ch81itable oblecknves at thg discrètkm of the
trusle¥3.
Res1rrcl￿ lunds can onty be used for partKuigr re81ricted purws within the Objects of the ¢harily.
Restriction8 ari8e wh8n sp@cffi￿ by the &)nor rx when funds are raised for particular restricted
purposes.
Further explanatlon ol the nature and purpose of exh fund ts rncluded In the notes to the financial
st8tement8.
Pgnsion costs and other p)st-retir•ment benèffts
The charitable company operates a defined contributron pènsion 8¢hem8. Contributions payable to tho
¢haril8ble comp8nys pension scherne are charge(* lo the Ststement of Finan¢ig1 ActM1￿8 In the
pèriod lo whth they relate.
OTHER TRADING ACTivmES
31.3,24
31.3.23
Fundr8i8lng events
Tuck shop in¢c¥ne
Hall hire
Other ino)n
542
1,382
15,036
716
21.ts9
1,229
17,420
23,614
INVESThIENT INCOME
31.3.24
31.3.23
Deposit account Interest
19
20
NET INCOMEIIEXPEMDITURE
Ntrt inc￿￿(expendrfur9I 15 Stated aft•rchar9inty(c￿llIing}.'
31.3.24
31.3.23
Auditors, remunoration
DÉpreuaton- owned 888ets
Surplus on dispo3￿ offixed assets
5,831
810
13,0551
2,280
1.479
Page 10
continued...

WOLVERCOTE YOUNG PEOPLE'S CLUB LIMrfED
TES TO THE FINANCIAL STATEMENTS- Contlnugd
FOR THE YEAR ENDED 31 MARCH 2024
TRUSTEES, REMUNERATION AND BENEFITS
Th•re wera no Iwtees. remuneration or other benefft8 for the year ende&l 31 March 2024 nor for the
year ended 31 March 2tr23.
Tr￿t*•$' a¥￿￿$e5
Th8rB wefe no tru81ees' e)p8n8e8 pakl for the year •ndad 31 March 2024 nor for the y8ar end&1
31 March 2023.
STAFF COSTS
31.3.24
31.3.23
Wages and 8alaries
Other pensbn cogts
33,753
510
84,647
1.760
34,263
e6,407
The aver4ge monthly number ofemployoes duriro the ￿al was as folltrw8."
Youth Wotkers
Admlni8trat
31.3.24
31.3.23
No employees ts¢e￿d emduments in exce58 of e60,C4)0.
TANGIBLE FIXED ASSETS
Motlx
Computer
equlprnont
Tota
COST
Al 1 April 2023
Disposals
15,919
{15,9191
18,291
34,210
115.9191
At 31 2024
18,291
18,291
DEPRECLITION
At 1 April 2023
Charge for year
Eliminated on disposal
Al 31 March 2024
14,724
75,050
810
29.774
810
{14,7241
114,7241
15.860
15,860
NET BOOK VALUE
At 31 March 2024
2.431
2,431
At 31 March 2023
1.195
3,241
4,436
P&Je11
)ntinu•d...

WOLVERCOTE YOUNG PEOPLE'S CLUB LIMJTEO
NOTES TO THE FINANCIAL STATEMENTS . continued
FOR THE YEAR ENDED 31 MARCH 2024
DEBTORS.. AMOUNfs FALUNG DUE WITHIN ONE YEAR
31.3.24
31.3.23
Trade d8blors
Prepayments
336
4,$90
5.298
CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR
31.3.24
31.3.23
Tradè eJeditor5
Oth&rcredito
A￿ruad expengè8
957
1,471
2,400
23
833
2,4
4,828
3,2
10.
MOVEMENT IN FUNDS
Net
Tran8fe
betyve?n
fund8
movement
In fun(ts
At 1.4.23
At
31.3.24
Unrnstrlctsd
G8n•ral fund
10,001
10,360
7.980
28,341
Rostrfctgd fisnd8
Musr Prqect
Inibus Fund Raising
Driver Training forth8 minibu$
OXCC Heatlng
FcM)d CC
Summer Evan1$
TASOArt Cafe
Youth Equiw)ènt
Young Womèn's Group
Dr8gon School
OCFCBESS
Cuttèslowe Youth Pr*ct
Y¢ung Men8. Group
Hall R8furbi$hmenl
and Dishwasher
12,952
2,017
738
830
1,020
431
198
200
673
4,994
1.500
5,750
12,952
7,767
(7381
(8301
11,0201
3.5
4,021
11981
12001
14,9941
3.767
50D
17,434
1,418
11.9C6
3,500
2,01)o
17,434
1,418
11,906
3,500
25,553
47,192
(1.9801
64,765
TOTAL FUNDS
35,$54
57.552
93,1C6
Pajo 12
continu￿..,

WOLVERCOTE YOUNG PEOPLE'S CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS- contlnuad
FOR THE YEAR ENDED 31 MARCH 2024
10. MOVEMENT IN FUNDS- conllnued
Net movern8llt in fund4 included In the above are as ftsllows..
Inco￿1ng
sources
Resources
expended
Movement
in funds
un￿$trIC￿d funds
General fund
71.697
{61,3371
10,260
Restrfcted funds
Minibus Fund Raising
Sumrykr Ev8nts
Young Wornen'5 Grovp
OCF C8ESS
CuttEslowe Youth Prgect
Young Mans, Group
Hall Rpfurbishrnenl
Oven aTrJ Dishwashor
5,750
3.750
3,500
500
19,250
2,000
15.356
3,500
5,750
3,590
3,094
500
17,434
1,418
11,9C6
3,500
19601
{4061
11.8161
15821
13,4501
53.6C
16,4141
47.192
TOTAL FUNDS
125,303
IS7,7511
57,552
Comparatlvets for movement In funds
Net
movement
funds
Al 14.22
Al
31.3.23
Unrestrf¢ted funds
General fund
20,191
110,1901
10.001
Re5trfcted fund8
U8ic Project
Minibus Fund Raising
Driver Training loi the mlnibu
OXCC H8ating
OXCC Media
Fcx)d CC
Surnmer Event5
TASO Art Calè
Youth Equipmènt
Young Women's Group
Diagon School
OCF CBESS
11.952
2.017
738
830
2,819
1.020
431
1,OCK)
12,952
2.017
738
830
12.8191
1,020
431
198
200
673
4,994
1,500
198
200
673
(6)
1,500
5.CQO
24.807
746
25,553
TOTAL FUNOS
44,998
19,4441
35,554
Page13
continued...

WOLVERCOTE YOUNG PEOPLE'S CLUB UMITED
NOTES TO THE FINANCIAL STATEMENTS- eontlnued
FOR THE YEAR ENDED 31 MARCH 2024
10. MOVEMENT IN FUNDS- contlnuod
Compar8twe net nyJvement in funds, Includ￿ In the above are as loll¢pw8.'
Incoming
resourc8s
ReS￿Ire88
exp8nd&
Movarnent
in funds
Unrgstrlcted funds
Gener81 fund
72,601
182.7911
110,1901
Restrlcted lunds
MUS￿ Proiect
OXCC Media
TASO Art Cafe
Big Lottery summer
Youth Equipment
Young Women's Gioup
Dragon Scho
OCF CBESS
1.000
1,000
12.819)
198
12.819}
18021
111.7501
1.000
11,750
200
750
200
673
161
1,5C
{771
16)
1,500
18,200
115.4541
746
TOTAL FUNDS
88,801
198,2451
19,4441
Purp069 of re$trlcted fund$
Funds ree8iv¢(f in respect o19rants and donatiornq are uty"lised in accordane* wrth th• donorfs wishes.
DESIGNATED FUNDS
Th8 income lunds of th¢ charty incluilè th& foll¢)wNig d¢signated fund5 whth hava been aet aside out
¢Jf unreslrwed fund8 by the Iruste8s lor¥pe&lk purpoges..
Movem•nt In
deslgnated thnds
Incoming BaJan(* at 1 Movement In
r88ources
)ri12023
the year
BaLgnce al
31 March
2024
Minibus
Mu$ic Studio
Stsff
1,195
10,000
S,OC¥J
2,312
3,055
110,CQOI
4,250
5,000
1810)
1e,507
17,7551
10.752
Purp06• 01 de*nat•d fvnds:
Minibus
The minbus was sold dvring thè year. The sHle v&luo 60t aelde tmrds the purchase of a new
rninltyus.
Mu$l¢ studlo
During the year IAe trus18es resohffjd to divert funds pmiously designated to support the in8tsllatKJn of
or(ling $tudio lo general funds.
Staff
Thtt trust88$ have de8tgnattd e5.000 to cover staff Ilabilit￿8 in th& event of • drop in Incon￿.
Pao• 14
continu*J...

bVOLVERCOTE YOLING PEOPLE'S CLUB UWED
NOTES TO THE F114ANCIAL STATEAIEfr¥fs- ￿ntInUed
FOR ThE YEAR ENDED 31 MARCH 2024
MOVEMENT IN FUNDS. contlnued
IT
The funds des￿nat&￿ for rr are belng amort￿d to matc* the dgprwaucm chargo in th8 finoncial
5tatement&
10.
11. RELATED PARTY TRANSACTIONS
There weffj no related p8ty tran8aclw forthe yéar8nded 31 March 2024.
Pa38 15

IIIOLVERCOTE YOUNG PEOPLE'S CLUB LIMITED
DETAILED STATEMENT OF FIW4NCIAL ACTivmES
FOR YEAR ENDED 31 MARCH 2024
31.3.24
31.3.23
INCOME AND ENDOWMENTS
Donaiion8 and le9acF88
Donatb)ns
Gift 8id
Grants
Svbscripth'on$
11,031
4,072
92.519
242
20.324
3.643
41,200
107,864
65,167
Othor tradlng actlvltles
Fundraising 8vents
Tuck shop income
Hall hire
OLh&r incom&
542
1.382
15,036
716
21,689
1,229
17,420
23,614
Invostment Incom•
Deposit account inl8rg3t
19
20
T4)tsl Incomlng regoureos
125,303
e8,801
EXPENDtTURE
Ralslng donatlon$ and legacitis
Other fijndraising CA)Sts
Charltsble octlvlfj
Slaff c¢>st8
Other penslon coÈts
Rent and rates
Insuranca
He8t. ligh¢ water w4u(pment
OfFre and IT c￿stS
Pvblicity
Sundry 8XPgnsès
Youth Woth Equirment
Travèl, Aclivides Sub5CriPt
Service contract5
Cleaning èxpenses
Repairs and Motorexpenge8
Tuck Shop Expenditure
Depreciation 91 motor vehides
DeprecialK)n of computer equipment
Profil on Sa￿ of langiblo fix￿j asset8
5,C￿0
5.636
33,753
510
180
B31
7,919
2.857
157
412
214
2,434
612
195
7,950
1.141
64,647
1,760
350
1,115
5,658
3,599
372
169
625
5,403
722
160
3.978
272
399
1.080
810
13,0051
56,920
9J,329
Support eosts
Thi8 pa9e does not fomi part of th& ststutory financL918tat￿n•Trts
P*Je 18

WOLVERCOTE YOUNG PEOPLE'S CLUB ￿M￿e0
DETAILED STATEMENT OF FINANCIAL ACTIVtriES
FOR THE YEAR ENDED 31 MARCH 2024
31.3.24
31.3.23
support￿$￿
Govgmaneè costs
Auditors, remuneration
5,831
2,280
Total resources axpended
Net lfv¢om•ll•xpondlturo1
67,751
98,245
57.552
19,444}
This paoa doe8 notform part ofthe Btatutoryf6nandal statenwts
Paga 17