## **Chairman’s Report 2023-2024** 

I take pleasure in reporting the progress and continuation of Wheldrake Youth Club for the year April 2023 to March 2024. 

The Youth Club has been successful in maintaining membership numbers from the current Year 6 at the school often nearing the full attendance for the Year 6 Class this is an excellent indication of the success of the club, the Youth Workers and the activities and safe social environment that the school grounds and attentive staff provide. 

As always, our special thanks to the efforts and dedication of the staff and volunteers. 

Moving forward to the coming year we need to seek new and replacement members of the management committee, the current trustees have been in post for a number of years now and an injection of new ideas and new ways forward would benefit the Youth Club. 

Up to March 2024 we had not succeeded in attracting any new committee members and regrettably with the long service of all the existing trustees, decisions will have to be made for 2025 with regard to the ongoing running of the Youth Club, we continue to publicise the need for more active members of the committee. 

Financially the Youth Club is stable and with the careful control of expenditure we are able to meet our current obligations. 

Simon Mitcham 

Chairman of Wheldrake Youth Club 

8[th] December 2024 



## **Wheldrake Youth Club - Financial Report** 

## **As at 31st March 2024** 

The club has spent £3,131 more than it made in income during the year and finished the year with two-thirds of its financial assets remaining. This deficit isn't quite the full picture as a grant was awarded for equipment to the value of £445 but this wasn't received until April 2024 and will be accounted for in next year’s accounts. Including the grant would have resulted in a 25% reduction (£2687). This is still a significant reduction in monetary assets. 

Income from members is slightly up on the previous year and tuck shop income is slightly down, overall this combined income is up 1% from the previous year. 

Expenditure is up by 14% or 12% if you exclude the equipment purchased through the grant funding. The cost of the equipment (basketball post, table tennis net, badminton net) purchased against the grant of £445 was £476.95. The Administrative expenses include the insurance payment £191 (an increase of 8% on the previous year) and the event cost was for the hire of a bouncy castle. 

The accounts represent one point in time. In my opinion, a reasonable financial outcome in the current climate would be one where the club does not incur significant losses and I would suggest that this is a significant loss. A continuation of this gap between income and expenditure will give the club just two years before it runs out of money. That said, the accounts have to be judged in the context of the bigger picture and we are no longer in an environment where Councils offer grants to cover running costs. If the club wishes to have a long term future, it needs to seek out income boosts, whether it be grant opportunities, approaching the Ward Committee or increasing fees from its members and ultimately their parents. 

Peter Abell 

Treasurer