OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-08-31-accounts

Revd Ben Lovell Chair AppointedbyStMan/sPCC
Holger Marsen Vice-Chair From14June 2022
Nigel Francis Treasurer Appointedby StMary'sPCC
CarolinaKuzaks-Cardenas UntilL4June2022
ChrisThompson

uringthe yeartheCharity received thefollo winggrants/donations forwhichtheTrustees areverygrate
f13,300 HamptonFund Restrictedtostaffcosts
f3,010 JackPetchevTrust RestrictedtoActivitiesforAwards
f1,500 LondonYouthFund Restrictedto theGetting Active Programme
f10,000 Sha{tesbury Youth Project Restrictedtofundingapart-timeYouth Support
Worker
f3,100 Soorts LearninsFund Restrictedtohelpingyoung peopleengageinsport
f10,oo0 LocalAreaFund Restrictedtofundingapart-timeFitnessmentor
foronevear

MTV YOUTH HAMPTON

Financial Statements for the year from 1 September 2021 to 31 August 2022

Receipts and Payments Accounts

Note that the Charity has no Endowed Funds

Note
Receipts
Grants
4
Gift-Aided Donations
5
Other Donations
5
Gift Aid recoverable
5
Fund Raising Events
5
Cash Receipts
5
Other
5
Interest
5
Total Receipts
Payments
Staff Costs & Wages
6,8a,c-g
Hire of Facilities & Rent
6,8g
Facilities
6
Activities & Equipment
6,8b,d-g
Fund Raising Events
6
Training
Miscellaneous Expenses
6
Total Payments
Balances brought forward at 1 Sept 2021
Excess of Receipts over Payments
Transfer Between Funds
1
Balances carried forward at 31 Aug 2022		 Unrestricted
Fund
£
0
4,408
3,259
1,102
1,825
3,305
1,800
228
15,927
0
12,680
3,011
4,639
817
0
1,392
22,539
(4,661)
(6,612)
11,000
(273)		 Unrestricted
Designated
Fund
£
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
37,200
0
(11,000)
26,200		 Restricted
Fund
£
40,910
0
0
0
0
0
0
0
40,910
35,833
1,380
0
3,833
0
1,975
0
43,020
55,271
(2,110)
0
53,161		 Total
2021 - 22
£
40,910
4,408
3,259
1,102
1,825
3,305
1,800
228
56,837
35,833
14,060
3,011
8,472
817
1,975
1,392
65,560
87,810
(8,723)
0
79,087		 Total
2020-21
£
31,625
2,968
5,303
742
670
772
50
11
42,141
26,092
13,105
4,605
2,611
115
0
927
47,454
93,123
(5,313)
0
87,810

MTV Annual Accounts 2021-22

Page 1

MTV YOUTH HAMPTON

Financial Statements for the year from 1 September 2021 to 31 August 2022

Statement of Assets and Liabilities

Note
Current Assets
Bank Account
Deposit Account
Cash in Hand
Debtors
HMRC: Gift Aid Recoverable
Total Assets
Liabilities
3
NET CURRENT ASSETS / (LIABILITIES)
2		 Unrestricted
Fund
£
33,402
0
20
33,422
1,844
35,266
35,540
(273)		 Unrestricted
Designated
Fund
£
4,000
22,200
0
26,200
0
26,200
0
26,200		 Restricted
Fund
£
361
52,800
0
53,161
0
53,161
0
53,161		 Total
2021 - 22
£
37,763
75000
20
112,783
1,844
114,627
35,540
79,087		 Total
2020-21
£
44,071
65,000
1,165
110,236
742
110,978
23,169
87,810

Approved by the Trustees of MTV Youth Hampton at their meeting on 20 December 2022

Signed on their behalf by:

Rev'd Ben Lovell (Chair)

and

Mr Holger Marsen (Vice Chair)

MTV Annual Accounts 2021-22

Page 2

MTV YOUTH HAMPTON

Financial Statement for the period from 1 September 2021 to 31 August 2022

Notes to the Financial Statements

Note

1 Transfers Unrestricted Designated
Funds Funds
£ £
Bungalow Purchase Fund (15,000)
Reserve Fund 4,000
General Fund 11,000
11,000 (11,000)
The Trustees agreed to transfer £15K from the Bungalow Purchase Fund, £4K going to set up
designated Reserve Fund and £11K to meet actual and expected deficits in the General Fund
2 Net Assets by Fund Unrestricted
Funds
£		 Restricted
Funds
£		 Total
£
General Fund (273) 0 (273)
Reserve Fund 4,000 0 4,000
Bungalow Purchase Fund 22,200 15,000 37,200
Hampton Fund 0 26,893 26,893
Jack Petchey Fund 0 419 419
London Youth Fund 0 140 140
One Richmond Fund 0 545 545
Shaftesbury Youth Project 0 5,942 5,942
Local Area Fund 0 4,223 4,223
25,927 53,161 79,087
3 Liabilities
LBRuT rent of bungalow 35,000 0 35,000
Outstanding wages 540 0 540
35,540 0 35,540
4 Grants
Hampton Fund 0 13,300 13,300
Jack Petchey Foundation 0 3,010 3,010
London Youth Fund 0 1,500 1,500
Shaftesbury Youth Project 0 10,000 10,000
Sports Learning Fund 0 3,100 3,100
Local Area Fund 0 10,000 10,000
0 40,910 40,910
FUNDS
General Fund (Unrestricted fund)
5 Receipts
Transfer from Hampton Fund 0 24,426 24,426
Gift-Aided Donations 4,408 0 4,408
Other Donations 3,259 0 3,259
Gift Aid recoverable 1,102 0 1,102
Fund Raising Events 1,825 0 1,825
Cash Receipts 3,305 0 3,305
Contributions to Activities 1,200 0 1,200
Hiring out Bungalow 600 0 600
Interest 228 0 228
15,927 24,426 40,353

The Trustees agreed to transfer £15K from the Bungalow Purchase Fund, £4K going to set up a designated Reserve Fund and £11K to meet actual and expected deficits in the General Fund.

MTV Annual Accounts 2021-22

Page 3

MTV YOUTH HAMPTON

Financial Statement for the period from 1 September 2021 to 31 August 2022

Notes to the Financial Statements continued

Unrestricted Restricted Total
Funds Funds
6 Payments £ £ £
Staff Costs & Wages 0 24,426 24,426
Hire of Facilities 680 0 680
Activities 1,726 0 1,726
Equipment & Consumables 2,914 0 2,914
Fund Raising Events 817 0 817
Communications 693 0 693
Insurance 1,113 0 1,113
Miscellaneous Expenses 1,392 0 1,392
Rent of Bungalow 12,000 0 12,000
Bungalow Operating Expenses 1,205 0 1,205
Total Payments 22,539 24,426 46,965
Bungalow Operating Expenses
Utilities 860
Maintenance 235
Miscellaneous 110
1,205
Designated/Restricted Fund
7 Bungalow Purchase Fund
(Set up in 2018 for funds designated for purchasing the bungalow in the future)
Balance b/fwd 37,200 15,000 52,200
Transfer to General Fund & Reserve Fund (15,000) 0 (15,000)
Balance c/fwd 22,200 15,000 37,200
8 Restricted Funds
8a Hampton Fund £ £
(For staff costs) Staff Costs 23,101 Balance b/fwd 38,019
Wages 1,325
Balance c/fwd 26,893 Grants 13,300
51,319 51,319
8b Jack Petchey Fund Activities 2,577 Balance b/fwd (15)
Balance c/fwd 419 Grants 3,010
2,995 2,995
8c London Youth Fund
(Set up in 2020 with a grant for the Getting Active programme)
Wages 1,375 Balance b/fwd
Grant		 315
1,500
Court Hire 300
Balance c/fwd 140
1,815 1,815

MTV Annual Accounts 2021-22

Page 4

MTV YOUTH HAMPTON

Financial Statement for the period from 1 September 2021 to 31 August 2022

Notes to the Financial Statements continued

8d One Richmond Fund

(Set up in 2021 to employ young people as interns for youth work)

----- Start of picture text -----
Balance b/fwd 1,952
Wages 1,052
Training 150
Equipment 205
Balance c/fwd 545
1,952 1,952
8e Shaftesbury Youth Project
(Set up in 2021 to employ young people)
Balance b/fwd 0
Wages 3,595 Grant 10,000
Equipment 463
Balance c/fwd 5,942
10,000 10,000
8f Sports Learning Fund
(Set up in 2022)
Wages 1,005 Balance b/fwd 0
Training 640 Grants 3,100
Equipment 270
Residential Training 1,185
Balance c/fwd 0
3,100 3,100
8g Local Area Fund
(Set up in 2021)
Wages 4,380 Balance b/fwd 0
Equipment 317 Grant 10,000
Court Hire 1,080
Balance c/fwd 4,223
10,000 10,000
----- End of picture text -----

MTV Annual Accounts 2021-22

Page 5

Reportto the trustees CharityName
l4tvYovrHffrtnrrw
Onaccounts forthe year
ended		 3l-g-LIZL
""dflxrlltrs+q++
Setout onpages l-{
(remember to incltide thepage numbers of additional sheets)
Ireport to the trusteesonmyexaminationoftheaccountsofthe above
charity("theTrust")forthe yLarendedbfI68lL}LL
Responsibilitiesand As the charity's trustees, you are responsible forthepreparationofthe
basis of report accounts in accordance withtherequirementsoftheCharities Act2011
("theAct").
Ireport in respect ofmyexaminationofthe Trust's accounts carried out
undersection145 ofthe 2011Actandincarryingoutmy examination,I
have followedallthe applicable DirectionsgivenbytheCharity Commission
undersection145(5Xb)ofthe Act.
lndependent [Thecharity's gross income exceeded[250,000andIam qualified to
examiner's statement undertaketheexamination by being a qualified member of [insert nameof
applicable listedbodyll.Deletellit not applicable.