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2021-07-31-accounts

Crewe Youth Club

Accounts for the Year Ended

31st July 2021

Charity Number 1167350

Crewe Youth Club

Registered Charity Nos 1167320

Accounts for the year ended 31st July 2021

Index 1 Trustees report 2 Balance sheet 3 Statement of financial activities 4-5 Notes to the accounts

1

Crewe Youth Club

Trustees report on the Accounts for the year ended 31st July 2021

Crewe Youth Club unfortunatley due to the pandemic has be unable to operate fully throughout.

Buisness planning and our project has been put on hold this financial year

Pop up youth clubs were unable to be planned and delivered

However the trustees all keep in regular contact and are ready to drive forward when restrictions are removed and youth services can be reinstated

In addition the organisation has no financial debt and with a small steady income which allows us to cover all outgoings leaving us on a positive balance at year end.

A solid management committee has been developed and we will continuing to advertise and promote for for new Trustees and Volunteers in the near future.

The trustees with the very valuable extended team of volunteers, supporters and local organisations we are determined in resolving the present situation of Crewe Youth Club and aspire in a new, improved and modernised youth & community centre

2

Crewe Youth Club

Balance Sheet

As at 31st July 2021

2020 2020 2021 2021
Fixed Assets Notes £ £ £ £
Tangible assets 2 56,206 56,206
Current Assets
Debtors and prepayments - -
Bank 3 10,298 10,232
Cash 30 30
10,328 10,262
Current Liabilities
Creditors 4 1,620 1,620
Net Current Liabilities/Assets 8,708 8,642
Total Assets Less Current Liabilities 64,914 64,848
Net Assets 64,914 64,848
Funds
Unrestricted fund 5 64,913 64,848
Restricted fund 6 - -
64,913 64,848
Approved by the Trustees on and signed on their behalf by:-
--------------------------------------------- Trustee
Insert name of Trustee

Crewe Youth Club

Statement of Financial Activities

For the Year ended 31st July 2021

INCOME
Rent and hire fees
Fund raising events
ACTIVITIES FOR GENERATING FUNDS
OTHER INCOMING RESOURCES
EXPENDITURE
Insurance
Legal fees - re sale of land at Mirion street
Site clearance costs
SURPLUS (DEFICIT) FOR THE YEAR
£
500
-
2021
£
500
-
500
419
15
-
434
66
£
250
453
2020
£
703
2
705
41
1,013
531
1,585
880
-

Crewe Youth Club

Notes to the Accounts

For the year ended 31st July 2021

1 Accounting policies

Accounting convention

The financial statements are prepared under the historical cost convention and under the accruals basis of accounting.

Donations, legacies, gifts, Grants receivable and other income

Are credited as income in the year in which they are receivable.

Tangible fixed assets

Individual fixed assets are capitalised at cost and depreciated over there useful life.

Equipment 20% reducing balance basis

Fund accounting

Funds held by the charity are either:

Unrestricted general funds. These are funds which can be used in accordance with the charitable objects at the discretion of the Trustees.

Designated funds. These are funds set aside by the Trustees out of unrectricted general funds for specific future purposes or projects.

Restricted funds. These are funds that can only be used for particular purposes within the objects of the charity. Restrictions arise when specified by the donor when funds are raised for particular restricted purposes.

2
3
4
5
6
Fixed Assets
Freehold
Property
£
Cost
At 1st August 2020
56,206
Disposals
-
At 31st July 2021
56,206
Depreciation
At 1st August 2020
-
Disposals
-
At 31st July 2021
-
Net book value
At 31st July 2020
56,206
At 31st July 2021
56,206
Cash
Bank
Cash
Liabilities- amount falling within one year
Accruals
General Fund
Brought forward 1.8.2020
Net movement in funds
Carried forward 31.7.2021
Restricted Fund
Brought forward 1.8.2020
Net movement in funds
Carried forward 31.7.2021
Equipment
£
-
-
-
-
-
-
-
-
2021
£
10,298
30
2021
£
1,620
1,620
2021
£
64,848
66
64,914
2021
£
-
-
-
Total
£
56,206
-
Total
£
56,206
-
56,206
-
-
-
56,206
56,206
2020
£
10,232
30
2020
£
1,620
1,620
2020
£
65,728
880
-
64,848
2020
£
-
-
-

Business Reserve a/c

date
Receipts
Description
8/1/2020
balance b/f
7/31/2021 Bank
bank interest
8/1/2021
balance b/f
date
Receipts
Description
8/1/2020
balance b/f
£
date
Payee
Description
1,095.92
0.12
7/31/2021
Balance c/f
1,096.04
1,096.04
£
date
Payee
Description
9,137.55
10/16/2020 Hall Smith W
Tittle search fee
Current a/c
£
1,096.04
1,096.04
£
15.00