CHARITY NUMBER:1152177 COMPANY NUMBER: 07684275 Marlow Youth and Community Centre Ltd IA company &rnite(I byguarJnleel Annual Report & Unaudited Financial Statements For the Year Ended 31st December 2024 42 Sholt sttI Nairn GJL i%1 Ir1185tyk / Regi#¢Y K4983b7
Marlow Youth and Communi Centre Ltd Trustees. Re ort and Accounts For the Year Ended 31st December 2024 CONTENTS Pa Officers & Professional Advisors Trustees. 24 Independent Examinerfs Report ststem¢nt of Finan¢ial A¢tivib¢s Balance Sheet Notes to the Accounts 8-10
Marlow Youth & Communi Centre Ltd Officers & Advisors For the ear ended 31st December 2024 DIRECTORS Beryl Berrett Andrew Southwood REGISTERED OFFICE Marlow Youth Centre 113 Wycombe Road Marlow Buckinghamshire SL7 3JD BANKERS Barclays Bank plc 10 High Street Marlow SL7 1AR INDEPENDENT EXAMINER Gareth Jones FCCA GJC Chartered Certified Accountants 42 Shore Street Naim IV12 4PX REGISTERED CHARITY NUMBER: 1152177 COMPANY REGISTRATION NUMBER: 07684275 (England & Wales)
Directors. l Trustees Re Marlow Youth & Communi Centre Ltd for the Year Ended 31st December 2024 The trustees. who are also the 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 31sl December 2024. Organlsation The company was incorporated on 27th June 2011, is registered as a charity and is constituted as a company limited by guarantee and is therefore govemed by a Memorandum and Articles of Association. The trustees cary the responsibility for the charity in temis of financial siability and the implementation of the charitable aims and objectives. The day to day management of the charity is delegated to the Centre manager. Appolntment and Inductlon of Trustees Appointment of the Directors is govemed by the Articles of Association of the Company. The Board of Directors is aulhorised to appoint new Directors according lo the agreed guidelines for the appointment of new trustees. A new trustee would receive a copy of the previous year's annual report and accounts and a copy of the Charity Commission leaflet 'The Essential Trustee.. What You Need to Know,. Risk management The board continues lo keep the charity's activities under review, particulady with regard to any major risks that may arise from time to time and to monitor the effectiveness of the system of internal control and other viable means, including insurance cover where appropriate, by which those risks already identified by the Trustees can be mitigated. Objects of the Charity, principal activities of the Charity The charity was established (i) to take a long temi lease of Madow Youth Centre from Buckinghamshire County Council, lill to effectively run and manage the Youth Centre for the benefit of Ihe local community and (iiil to provide youth serwces. he main objecl of Ihe charity is.. 1. To help young people within the boundaries of Wycombe District Council to advance in life through providing support and activities which develop their skills and capabilities to enable them to participate in society as mature and responsible individuals. 2. In furlherance of this objedive, the trustees shall have power to establish or secure the establishment of a community centre and to maintain r manage or cooperate with any statutory authority in the maintenance of such a cenlre for Ihe activities promoted by the charity in furtherance of ils objects. Operatlonal Pollcy Ther Vision. mission and Strategic objectives are as follows.. 1. Vision "To provide a creative. nurtuing and encouraging place in which we aim to help young people explore their tslents, abilities and entusiasms. 2. Mlsslon We exist to provide accesible universal ServIS to all young people in Madow.
Directors. l Trustees Re ort- continued Marlow Youth & Communi Centre Ltd for the Year Ended 31st December 2024 3. Strategic Objectives a) To build a slrong public presence b) To ensure a cross section of members and users from across Madow c) To prowde more than just youth clubs d) To engage in community action projects e) To be embraced by the local corporates and businesses Q To create an attractive and easy to access organisation and facility g) To ensure young people matter and their vol$ are heard h) To remain financially solvent and with a reserves policy that covers one yearfs operating costs. Achievement and Perfomiance The charity continues to develop the Cent.$ use mainly for young people in Marlow. Funds from rental income enabled to the charity lo provide a wide range of youth provision in keeping with its charitable objectives. A number of activilies and dubs were run throughoLrt the year for the youth of Marlow and the surrounding districts and these were appropriately staffed and funded by the charity- Our hiring out policy continues to favour service providers aiming their services at young people On average we have approx 200 visitors to the ntre each week. Our partnership to deliver youth activities Brighter Futures Together CIC continues to enhance our youth service provision. Financial Review Results Income was £42,408 {£22,082 -2023) and expenditure was £49,2551£34,771- 20231 producing a deficit of £6,8471£12,689 deficit- 20231. The deficil was as a result of upgrade csts to the building amidsl a coninuingly difficult environment for charitable organisations. Debtors stood at £12,166 {£2,506 - 2023) and relate to rental income due from tenants. Creditors were £14.256 (£15.159 - 20231 and relate to operating expenses of the cenlre. Reserves Policy The board has decided that the reserves FM)licy of the centre is to continue to invest in the cenlre, ils fabric and development. It is the policy of the board to grow the reseNes annually by 100/0 in the years when the centre is not engaged in development and investment. this target has been set after careful consideration given the need to ensure the continued security of the centre and maintaining its asset base. the plans for the next few years are aimed at growng the use of the centre by the community. Investment Policy and objectives The Trustees are aulhorised by the Memorandum of Association to invest monies not immediately required for the centre's purposes in investments. securities or property as may be Ihought fit. Al present reserves are held of £29,7201£36.567 - 2023) of which £27,729 (£36,567- 2023) are deposited in a savings account.
Directors. l Trustees Re ort- continued Marlow Youth & Communi Centre Ltd for the Year Ended 31st December 2024 Future Developments We expect to maximise our income generation by renting out space at the Centre, for young people related activities, when the Centre is not othehtwise used. We have also started a fundraising campaign aiming to take on a part time youth worker in partnership with Brighter Futures Tohether CIC The Tnjstees are confidenl about the charitys future and its ability to deliver its youth work in the community. Statement of trustees. responsibilities The trustees are required by law to prepare financial statements for each financial year which give a true and fair view of the financial actiwties of the charity and of its financial position at the end of thai year. In preparing those financial statements. the trustees are required to.. la) select suitable accounting policies and then apply them consistently. Ib) make judgements and estimates that are reasonable and prudent- Icl prepare the financial statements on the going concem basis unless it is inappropriate to assume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy al any time the financial position of the charity and to enable them to ensure that the financial statements comply with Ihe Companies Act 2006. They a also responsible for safeguarding the assets ofthe charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approval This ret)ort was approved by the Board of Directors and Trustees on 26th September 2025 and signed on its behalf ASaL WOO Mr A D Soulhwood Chairnian & Trustee
Inde endent Examiners Re ort to the members of Marlow Youth and Communi Centre Ltd For the Year Ended 31st December 2024 Retx)rt to the trustee51members of Marlow Youth & Community Cere Ltd for the year ended 31 December 2024 set out on pages 6 to 10, which cornpri5e the Statement of Financial Aclivilies, the Balan Sheet and the related notes. These financial statements have been prepared in accordance with the accounting poliaes set out therein. Respective responsibilities of trustees and auditors The reswnsibililies of the trustees {who are also Ihe directors of Marlow Youth & Community Centre Lld for the purp)ses of company lawl for preparing the Annual Rewrt and financial statements in accordance with applicable law and United Kingdom Accounling Standards (Uniled Kingdom Generally Accepted Accounting Practice) are sel out in the Statements of Trustees. Responsibilities. The trustees consider that an audit is not required for this year (under section 43121 of the Charities Act 1993 {the Act), as amended by s.28 of the Charrties Act 2006) and that an independent examination is needed. Having satisfied myself that the charily is nol subject lo an audil under company law and is eligible for an independent examination. il is my reswnsibility lo.. - examine the accounts (under section 43 of the Act, as amended) lo follow the procedures laid down in the General Directions given by Ihe Charity Commission {under section 43{71{b} of the Act, as amended). and - to state whether particular matters have come to my attention. Basls of Independent Examlner's statement My examination was carried out in accordance wth the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the organisalion and a comparison of the accounts presented wlh these records. 11 also includes consideration of any such unusual items or disclosures in the accounts, and seeking explanations from the trustees conceming any such matters. The procedures undertaken do not provide all the eviden that would be required in an audit, and consequently. no opinion is given as lo whether the accounts present a Irue and Fair Vie and the report is limited lo those matters sel out in the statement below. Independent Examinevs staternent In the course of my examination. no matter has come to my attention which gives me reasonable cause to believe that in, any material respect, the trustees requirements lo keep accounting records in accordance with section 386 of the Companies Act 2006,. and lo prepare accounts which accord with the accounting records, comply Trmth the accounting requirements of sects'on 396 of the Companies Act 2006 and with the principles of the Statement of recommended Practice." Accounting and Reporting by Charities, have not been met. . to which, in my opinion. attention should be drawn in order to enable a proper understanding of the accounts to be reached. Gareth Jones FCCA TC 3 Wyvis Drive Balloch Inverness IV2 7HP Date-. 2610912025
Nwthr." 07684275 (Ery10j &eI Charity NuTnber." 1521TI Mariow Youth and Communi can Ltd Statement of Financial Activities For thè ar Ènd 31st DÈcÈmbèr 2024 Income & Ex nditure Account Unrestri¢ted Restri¢ted Totsl Fund5 Total Funds Funds Funds y 31112124 YIE 31112123 Note Inetsming Rèsourcès Incoming resources from generated funds Voluntary inwmg Incoming resources from charitable aCtiVeS Income from Investments 10.TTT 30.951 10.777 30.951 680 21.651 431 Total Incoming Resources 42,408 42,408 22,082 Rèsoureès Exndéd Charitable activities 49.255 49,255 49.255 49,255 34,771 34,771 Totsl Rèsoureès Expènd•d Net Incoming I Ioutyoingl Resources for the year 16,8471 16,8471 112,6891 Transfers Itoyfrom Restricted Funds Total funds brought forward 36,567 36,567 49,256 Total funds carrled forward 29,720 29,720 36,567 The notes on pages 8 to 10 fom part of these accounts. There are other gains or losses apart from those re(x)gnised above. l incoming resources expended delive from continuing activilies.
CwiThYWr..o7fjB4275 (Englar &} Charfty Nuthr.. 152177 Marfow Youth and Communi Centre Ltd Balance Sheet as at 31st December 2024 Totsl Funds 3111W2024 Totsl Funds 3111212023 Note CURRENT ASSETS Debtors Gash at Bank and in hand 12,166 31.810 2,506 49.220 43.976 51.726 LIABILITIES Gredf(ors Due wthin one year 14.256 15.159 NET CURRENT ASSETS 29,720 36,567 NET ASSETS 29.720 36,567 REPRESENTED BY: Unrestricied funds General fund Restricted ftjnds 29,720 36,567 10 29,720 36,567 For the financial period ended 31 December 2024. the company was entitled to exemption from audit under section 477111 of the Gompanies Act 2006- and no nob.ce has been deposrted under section 476111 requesting an audrt. The direciors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with secbon 386 of the Acl and preparing accounts which gwe 8 true and fair view of the slate of affairs of the (x)mpany as at the end of the period and of its profit or loss for the finanaal period in accordance with the requirements of 5ectson 394 and which otherwise comply with the Companies Aci 20()6. so far as appli(ble to the cornpany. The financial stalements have been prepared in aLXY)rdanc% with the provisions applicable lo cornpanies subject lo the small wmpanies regirne under the Companies Aot 2006 and with the Finallal Reporting Standard lor Smaller Entsb"e5 leffecbve April 20081. Approved by the Board of Directr)rs on 2610912025 and signed on its behalf by - Mr A D Southw(KNJ - Chaim)an & Trsustee The notes on p8ges 8 to 10 form part of these accounts pag6 7
Marlow Youth and Communi Centre Ltd Notes to the accounts ar ended to 31st December 2024 For the 1 ACCOUNTING POLICIES al Accounting convention The accounts are prepared under the historitAI Cost (x)nv8nlion, as modrfied by th8 rèvaluation of ¢%rtain fixèd assets, and include the results of the tharivs operations which are described in the Direciors, Report. The accounts have been pr8pared in a>rdanQe with the Revised Statetnent of Recommended Pra¢ti¢&'A¢¢ounling and Repc)rting by Charities. ISORP 201 $1 and the Companies Act 2006, subject to the departures referred to below. Aso in accordance wilh the provisions applicable lo entities subject to the small eniiiies regime. bl The principal accounting policies of the charity are shown below: il Income All incotlling resour¢es are induded rb the Ststement of Financial A¢b"vib"e¥ when the tharity is legally entiyed lo the income and the amount can be quantified wtth reasonable accuracy ill Resource5 expended Charitable expenditure comprises all expendilure direcuy relating to the objects of the charity, and is included when incurred. Costs are allocated across the Ihree main charrtable activities according to the relevant use of financial and staff resources. Directly attributable costs are allocated directly to the tharilable activity heading whereas Staff costs arid supp(>rt Costs are alk)cated on a basis relating to the use of staff $0[¢&$. Gifts are induded when approved by the D1Clor$. The charty is not registered for VAT and as sud) i[COver8b1e VAT is charged against the category of resources expended for which it was incyJtTed. Govemanee costs Include those incurred in the govemance of the charty and its assets and a primarily associated with constitutional and statutory requirements. 1111 Flx•d assets Acquisitions in excess of £250 have been capitalised and depreciation proVe to write off the cost of fixed assets over their estitnaled useful lives. The annual depre(xabon rates and tnelh(xls used are as follows:_ Equipment, fixtures & ffttings IT Equipment 25% on reduang balan 10°A on Cost iv) Unrestricted funds The general fund represents fijnds that are not subj'ect to any StriCtIonS regarding their use and are available for general purposes. vl Restricted funds The restricted income of the charty relates to funds on which the donots have placed a restriction 8nd may only be used for the purposes specified. 2 VOLUNTARY INCOME Total Funth Total Funds Fund Funds y 31112124 YIE 31112123 BucJts County Council 10.777 10,777 10.777 10,777 page 8
Marlow Youth and Communi Centre Ltd Notes to the accounts - cont. For the ear ended 31st December 2024 3 INCOMING RESOURCES FROM ¢HARrrABLE ACTIVITIES Goneral Fund R8Strfj¢tod Fund$ Total Funds Tot81 FUMIS YIE 31112124 y 31112123 Metllbership Fees Other Income Rental Income 1.451 29,500 30,951 1,451 29.500 30,951 70 21,581 21,651 4 COSTS OF CHARITABLE ACTIVITIES General Fund Restricted Total Funds Total Funds Funds YIE 31112124 YIE 31112123 Siaff Costs Inole 61 Fund Raising Costs Premises Costs offi Costs Administration Youth Glub Provisions Building Upgrade Govemance Costs Inote S} 3,566 3,566 3,821 14.856 8.126 1,400 14.856 8,126 1,400 20.090 8,416 1,364 20.193 1,114 49,255 20.193 1,114 49,255 1,080 34,771 5 INCOME FROM INVESTMENTS Gemeral Rè8tri¢ted Fund Fund5 Totsi Fund8 Total Furwjs YIE 31112124 y 31112123 Bank Interest 680 680 431 680 680 431 6 GOVERNANCE COSTS Restricted Funds Total Funds YIE 31112124 Total Furbd5 y 31112123 Fund Accountancy & Independent Examiners Fees 1.114 1,114 1,080 1,114 1.114 1,080 7 STAFF COSTS YIE 31112124 y 31112123 Wages & salaries Social security costs Pension costs 3,566 3.821 3,566 3,821 No èmploy •arn•d £SO.000 p.a. or mor• 8 DEBTORS YIE 31112124 y 31112123 Accounts Receivable IRentslsl Prepayments & Other Debtors 12.146 20 1,822 684 12.166 2,506 9 CREDITORS- AMOUNTS FALLING DUE WITHIN ONE YEAR YIE 31112124 y 31112123 Corporate credrf( card Trade Creditors Income received in advance Other creditor5 and accruals 244 4.982 9,974 4.282 14,256 9,933 15,159 page 9
Marfow Youth and Communi Centre Ltd Notes to the accounts - cont. For the ear ended to 31sl December 2024 10 UNRESTRICTED FUNDS Totsi Fund8 y 31112124 Total Funds YIE 31112123 Incoming Resources Resources expended 42.408 (49,2551 {6,8471 22,082 134,7711 112,6891 Transfers tollrom Restricted Funds Balan5. brought forward at 1 January 36.567 49.256 Balanc•s. carrltd forward at 31 D•e•mb•r 29,720 36,S67 11 RESTRICTED FUNDS Totsl Funds YIE 31112124 Total Funds YIE 31112123 Incoming Resources Outgoing Resources Transfer tolfrom General Fund Balans, brought fon¥ard at 1 January 8alances, carried forward at 31 December 12 TAXATION The irust is a regislered charity and as such is not liable to d1ct taxation. The Company is not registered for VAT and therefore these costs are induded within the relevant expenses. 13 DIRECTORsrrRUSTEES REMUNERATION All services undertaken by the Directr)rs and Trustees whilst seNing on the board are honorary. There were no Tnjstee's expenses paid for the year. Al expenses were wawed. 14 RISKASSESSMENT The trustees review Iheir assessment of the major risks to which the charity is exposed on a regular basis each or when ¢1umstanceS signtficanuy change rf earfier. Procedures and systems are reviewed at least annually to ltigate these risk5. 15 PUBLIC BENEFIT The charity acknowledges its quirement to demonslrate dearty that it must have chariiable purposes or'aims" that aTe for the public benefft. Details of how the charity has achieved this are provided in the Trustees'lDirectors' report. The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deadirhg what activities the charity should undertake. pap 10
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