## Crewe Youth Club 

Accounts for the Year Ended 

31st July 2022 

Charity Number 1167350 



## Crewe Youth Club 

Registered Charity Nos 1167350 

## Accounts for the year ended 31st July 2022 

## 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 2022 

From its inception in 1961 the Trustees of Crewe Youth Centre (and then Crewe Youth Club) saw their role to manage and run a traditional youth club.  The original youth club stood on land at Mirion Street and was a well-known landmark in Crewe.  In 2014 the building was destroyed in a fire.  Since then, the Trustees explored a number of avenues to re-build it as a youth club.  However, the award of the Towns Fund bid to Crewe has caused us to stop and reflect on how we go forward.  The Towns Fund bid has allocated significant funds to Onside to build an £11 mio Youth Club at Oak Street.  This renders another youth club at Mirion street unnecessary. 

The Trustees have reflected on this and we have sought alternative ways to meet our Trustee obligations.  We have decided to develop the land we own at Mirion Street in two phases, working with other organisations who share similar values. Phase I is to develop 50% of the site with the South Cheshire Amateur Boxing Club ('SCABC'). Success in the Town's Fund bid (awarded £600,000) and grants from YIF mean we have been able to start to develop a programme of work to deliver a new gym building for SCABC. These accounts reflect the start of the work on that programme, developing designs and starting the process of achieving planning consent. 

We have no debt and are establishing regular fund-raising actions which will support our project development. The Trustees are focussed on delivering the new boxing gym and are optimistic about the development of the Mirion Street site. 

2 



## Crewe Youth Club 

## Balance Sheet 

## As at 31st July 2022 

|||**2022**|**2022**|**2021**|**2021**|
|---|---|---|---|---|---|
|**Fixed Assets**|Notes|**£**|**£**|**£**|**£**|
|Tangible assets|2||56,206||56,206|
|**Current Assets**||||||
|Debtors and prepayments||-||-||
|Bank|3|20,744||10,298||
|Cash||30||30||
|||20,774||10,328||
|**Current Liabilities**||||||
|Creditors|4|-||1,620||
|**Net Current Liabilities/Assets**|||20,774||8,708|
|**Total Assets Less Current Liabilities**|||76,980||64,914|
|||||||
|**Net Assets**|||76,980||64,914|
|**Funds**||||||
|Unrestricted fund|5||66,980||64,914|
|Restricted fund|6||10,000||-|
||||76,980||64,914|
|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 2022 

|**INCOME**<br>Rent and hire fees<br>Fund raising events<br>ACTIVITIES FOR GENERATING FUNDS<br>OTHER INCOMING RESOURCES<br>Cheshire East Borough Council Grant<br>Restricted Funds<br>**EXPENDITURE**<br>Insurance<br>Release of accountancy provision<br>Legal fees - re sale of land at Mirion street<br>Restricted Expenditure<br>**SURPLUS (DEFICIT) FOR THE YEAR**|**£**<br>750<br>-|**2022**<br>**£**<br>750<br>1<br>10,000<br>10,751<br>10,000<br>305<br>1,620<br>-<br>-<br>1,315<br>-<br>nil<br>12,066|**£**<br>500<br>-|**2021**<br>**£**<br>500<br>-|
|---|---|---|---|---|
||||||
|||||500|
|||||419<br>15|
|||||434|
||||||
|||||66|





## Crewe Youth Club 

## Notes to the Accounts 

## For the year ended 31st July 2022 

## **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**<br>**3**<br>**4**<br>**5**<br>**6**|**Fixed Assets**<br>Freehold<br>Property<br>£<br>Cost<br>At 1st August 2021<br>56,206<br>Disposals<br>-<br>At 31st July 2022<br>56,206<br>Depreciation<br>At 1st August 2021<br>-<br>Disposals<br>-<br>At 31st July 2022<br>-<br>Net book value<br>At 31st July 2021<br>56,206<br>At 31st July 2022<br>56,206<br>**Cash**<br>Bank<br>Cash<br>**Liabilities- amount falling within one year**<br>Accruals<br>**General Fund**<br>Brought forward 1.8.2021<br>Net movement in funds<br>Carried forward 31.7.2022<br>**Restricted Fund**<br>Brought forward 1.8.2021<br>Net movement in funds<br>Carried forward 31.7.2022||Equipment<br>£<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>2022<br>£<br>20,744<br>30<br>2022<br>£<br>-<br>-<br>2022<br>£<br>64,914<br>2,066<br>66,980<br>2022<br>£<br>-<br>10,000<br>10,000|Total<br>£<br>56,206<br>-|Total<br>£<br>56,206<br>-|
|---|---|---|---|---|---|
|||||||
|||||56,206||
|||||-<br>-||
|||||-||
|||||56,206||
|||||56,206||
|||||2021<br>£<br>10,298<br>30||
|||||2021<br>£<br>1,620||
|||||1,620||
|||||2021<br>£<br>64,848<br>66||
|||||64,914||
||||||2021<br>£<br>-<br>-|
||||||-|