# **YOUTH AND COMMUNITY CONNEXIONS**
Charity Incorporated Organisation (C.I.O)
Annual Report & Financial Statement For the period ended
## 31[st] March 2021
Registered Charity No: 1167641
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**YCC Annual Report and Financial Statement Registered Charity No: 1167641**
**YOUTH AND COMMUNITY CONNEXIONS** Period Ended 31[st] March 2021
**Principal address:** 27 FAIRFIELD ROAD LONDON N18 2QP
## **Trustees:**
ANDRES LANE CHRISTEN ODAMTTEN CHRISTOPHER MCCOY CYNTHIA COBOURN JASON THOMPSON LLOYD OBENG MEEDIA LAWRENCE ROES MEE TRACEY KEYES YAW BOATENG YVONNE JHARGROO
## **Governing document**
The organisation is operated under the rules of its constitution.
## **Bankers:**
HSBC
## **Independent Examiner:**
TACTS Accountant Chartered Certified Accountant 81 Rayleigh Road Palmers Green London, N13 5QW
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**YCC Annual Report and Financial Statement Registered Charity No: 1167641**
## **YOUTH AND COMMUNITY CONNEXIONS**
## **FINANCIAL ACCOUNTS**
# **FOR PERIOD ENDED 31[ST] MARCH 2021**
## **CONTENTS**
## **Pages**
- **4-6. Trustees Report**
**7. Independent Examiner Report**
**8. Income and Expenditure Report**
**9. Balance Sheet**
## **10-14. Notes to the Accounts**
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**YCC Annual Report and Financial Statement Registered Charity No: 1167641**
## **YOUTH AND COMMUNITY CONNEXIONS**
## **Report of the Trustees for the period ended 31 March 2021**
The trustees are pleased to present their annual directors’ report for the period ending 31[st] March 2021 which are also prepared to meet the requirements for a trustees’ report and accounts Charities Act purposes.
The financial statements comply with the Charities Act 2011, the constitution, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).
## **Trustees and their responsibilities**
Charity trustees are the people who serve on the governing body of a charity. They may be known as trustees, directors, board members, governors or committee members. The principles and main duties are the same in all cases.
Trustees have, and must accept, ultimate responsibility for directing the affairs of a charity, and ensuring that it is solvent, well-run, and meeting the needs for which it has been set up.
## **Principle Objects**
TO ACT AS A RESOURCE FOR YOUNG PEOPLE AGED 11 TO 25 BY PROVIDING ADVICE AND ASSISTANCE AND ORGANISING PROGRAMMES OF PHYSICAL, EDUCATIONAL AND OTHER ACTIVITIES. ALSO PROVIDING SUPPORT AND ACTIVITIES WHICH DEVELOP THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS MATURE AND RESPONSIBLE INDIVIDUALS.
_**ACTIVITIES IN SUPPORT OF THE ABOVE WILL INCLUDE:**_ HELPING PARENTS AND CARERS TO SUPPORT THEIR CHILDREN'S EDUCATION AND DEVELOPMENT, INCLUDING SUPPORTING THEM TO IMPROVE THEIR OWN LITERACY, NUMERACY, COMMUNICATION, INFORMATION TECHNOLOGY SKILLS IN ORDER TO INCREASE THEIR ENGAGEMENT IN THEIR CHILDREN'S EDUCATION
## **Activities and Achievements**
Due to the Covid-19 pandemic there has been a significant increase in the need for more of our youth and community support programs and activities, this meant that our team had to take a fresh approach to our work whilst providing a range of online support programs whilst at the same time providing emergency socially distanced information advice and guidance within our drop-in centre. We also provided social distanced support activities to the varied and diverse communities of north London. To help support the community we have also increased the number of staff and volunteers within our charity, our new experienced team members consist of youth workers and people with experience in other areas who are passionate about helping young people become confident, informed and empowered to be proud of who they are as individuals.
Over the last year our aim has been to support and facilitate both young people and parents as well as the wider community in a variety of different ways such as delivering bespoke programmes, running workshops and mentoring as well as providing a dedicated detached and outreach team who engaged with the young people and the wider community whilst also providing a sense of security for the elders which helps to make the community feel a much safer place. To date our Hub runs a host of activities and opportunities for the local residence to partake in with the sole purpose of improving the
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**YCC Annual Report and Financial Statement**
**Registered Charity No: 1167641**
quality of individuals lives, from parenting programmes to volunteering opportunities as well as information advice and guidance on issues such as homelessness, employment and educational programs, DV, programs, Gangs workshops, victim support programs and business development help from a team of multi skilled support workers
Our activities also are aimed at re-connecting young people back into their communities, helping them to build their self-esteem, confidence and raising awareness of important issues that affects them in their day to day lives and develop new skills for young people between the ages of **11** to **25** . Our mission throughout 2020 to 2021 was to provide children and young people with the skills to build positive relationships, strengthen & develop self-esteem confidence and promotes personal skill development.
## **Structure, Governance and management**
YCC is a charitable Incorporated Organisation (CIO), registered with the Charity Commission and governed by its constitution, dated 14[th] June 2016.
Membership of the CIO is open to anyone who is interested in furthering its purposes and, who by applying for membership, has indicated agreement to become a member and accept the duties of membership. If the CIO is wound up, the members of the CIO have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities.
The trustees, who may exercise all the powers of the CIO, manage the affairs of the charity on a day-to-day basis.
The trustees who served during the year are shown on page 2 of this report.
## **Risk management**
The trustees have a risk management strategy which comprises:
- an annual review of the principal risks and uncertainties that the charity undertakes. ● the establishment of policies, systems and procedures to mitigate those risks identified in the annual review; and
- the implementation of procedures designed to minimise or manage any potential impact on the charity should those risks materialise.
The Trustees constantly review risks relevant to the charity. Any risks identified are reported to the Trustees and decisions made on how to minimise risk.
## **Reserve’s policy and going concern**
The Board has assessed the charity’s requirements for reserves in the light of the main risks to the organisation. As a result, the Board has approved a policy whereby the unrestricted funds not committed, should be held in reserve and maintained at a level, which ensures that YCC’s core activity could continue during a period of unforeseen difficulty. The target reserve amount represents at least 6 months’ (26 weeks) expenditure and will be reviewed annually.
## **Public Benefit**
The Trustees confirm that they have complied with their duty under the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit.
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**YCC Annual Report and Financial Statement Registered Charity No: 1167641**
## **Volunteers**
YCC is very involved in the community and relies on voluntary help. Around 4 volunteers assist with our activities. We wish to thank our volunteers for their loyal support and contribution.
## **Internal and external factors**
The trustees are very grateful to the members for their kind support.
## **Future plan**
Some of the programs we will be developing throughout 2021 to 2022 will consist of Job / employability programs, victim support programs and other activities that are designed to support, coach and facilitate the hard to reach in some cases isolated local residents of Edmonton / Enfield aged 16 plus. Our service will be of great benefit for those who are disengaged with much of society and or have been long time unemployed, those with social or emotional issues or those finding employment difficult to attain or keep for varied complex reasons. Our new programs will be Specifically designed to help individuals break the cycle of behaviours and barriers encountered that prevent them from gaining meaningful employment, to assist them in strengthening their existing support structure or help them build one to enhance chances of success.
Signed on behalf of all member
Mr CHRISTOPHER MCCOY
(Trustee)
Date: 17/06/2021
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**YCC Annual Report and Financial Statement Registered Charity No: 1167641**
## **Independent examiner’s report to the trustees of Youth & Community Connexions**
I report on the accounts of the charity for the year ended 31[st] March 2021, which are set out on pages 8 to 14.
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- to follow the procedures laid down in the general Directions given by the Charity
- Commission under section 145(5)(b) of the 2011 Act; and
- to state whether particular matters have come to my attention.
## **Basis of independent examiner's report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 130 of the 2011 Act; and
- to prepare accounts which accord with the accounting records and comply with the
- accounting requirements of the 2011 Act
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Date: 17/06/2021
## Chartered Certified Accountant
TACTS Accountant, 81 Rayleigh Road, Palmers Green, London N13 5QW
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**YCC Annual Report and Financial Statement**
**Registered Charity No: 1167641**
## **YOUTH AND COMMUNITY CONNEXIONS**
||**INCOME AND EXPENDITURE FOR THE PERIOD ENDED 31 MARCH 2021**|**INCOME AND EXPENDITURE FOR THE PERIOD ENDED 31 MARCH 2021**|
|---|---|---|
||**Notes**
**INCOMING RESOURCES**
Donations & Voluntary Contributions
**Income from charitable activities:**
Grants
(18)
**Other Income:**
LBE rent & rates rebate
Workshops and Training Contributions
**TOTAL INCOMING RESOURCES**
**RESOURCE EXPENDED**
**Expenses in raising funds**
**Expenses on charitable activities**
(19)
**TOTAL RESOURCES EXPENDED**
**Net Incomings and Outgoings**
**Balance Brought Forward**
**Balance as at 31st March 2021**|**Unrestricted**
**Fund**
**Restricted**
**Fund**
**Total**
**Funds**
**2021**
**Total**
**Funds**
**2020**
£
£
£
£
1,568
1,568
25,965
-
160,808 160,808
43,925
5,000
5,000
-
4,895
4,895
20,721|
|||**11,462**
**160,808 172,270**
**90,611**|
|||-
-
-
-
15,752
98,986 114,738
90,017|
|||**15,752**
**98,986 114,738**
**90,017**|
|||**(4,290)**
**61,823**
**57,532**
**594**|
|||**12,124**
**-**
**12,124**
**11,530**|
||||
|||**7,834**
**61,823**
**69,657**
**12,124**|
There were no recognised gains or losses for the above period other than those shown in the statement of financial activities for the above financial year. All incoming resources and resources expended are derived from continuing activities.
(The notes attached form part of these financial statements)
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**YCC Annual Report and Financial Statement Registered Charity No: 1167641**
## **YOUTH AND COMMUNITY CONNEXIONS BALANCE SHEET AT 31 MARCH 2021**
|**Tangible Fixed Assets:**
Equipment
**Current Assets:**
Debtors
Cash at Bank and In Hand
**Current Liabilities:**
Amount falling due within one year
Accruals & Creditors
**Net Assets**
**As Represented by:**
Unrestricted Fund
Restricted Fund
**Total Funds**
The accounts were approved by the Trustees on
behalf by: -|Notes
**FUNDS**
**FUNDS**
**2021**
**2020**
£
£
(15)
47,656
12,123
(16)
4,576
-
22,175
501
(14)
4,750
500
**69,657**
**12,124**
7,834
12,124
(12)
61,823
-
**69,657 **
**12,124**
17/06/2021and signed on their|**FUNDS**
**FUNDS**
**2021**
**2020**
£
£
47,656
12,123
4,576
-
22,175
501
4,750
500|
|---|---|---|
|||**69,657**
**12,124**|
|||7,834
12,124
61,823
-|
|||**69,657 **
**12,124**|
………………………......... ………………………………. MR CHRISTOPHER MCCOY MS CYNTHIA COBOURN (Trustee) (Trustee)
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**YCC Annual Report and Financial Statement**
**Registered Charity No: 1167641**
**YOUTH AND COMMUNITY CONNEXIONS NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 31[st] MARCH 2021**
## **1. Accounting basis**
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
## _**a) Basis of preparation**_
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). YCC meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
## _**b) Preparation of the accounts on a going concern basis**_
The Charity trustees are of the view that measures taken in reviewing organisational costs regularly and successful in applying for continuation funding have secured the immediate future of the Charity for the next 12 to 18 months and that on this basis the charity is a going concern.
## **2. Cash Flow Statement**
The trustees have taken advantage of the exemption in Financial Reporting Standard No 1 (revised) from including a cash flow statement in the financial statements on the grounds that the charity is small.
## 3. **Incoming resources**
Income is recognised in the period to which it relates, unless specified otherwise by the funder. Project funding is, in general, repayable if not expended within the relevant project. Such income is only recognised to the extent that it ceases to be repayable. The income is accounted for on a receivable basis.
## 4. **Resource Expendable**
Resources expended are included in the Statement of Financial Activities inclusive of VAT which cannot be recovered. Direct charitable expenditure include includes the direct costs of the activities. Where such costs relate to more than one functional cost category, they have been apportioned in line with the direct costs of the relevant service.
## **5. Tangible fixed assets**
Fixed assets are stated at cost less accumulated depreciation. Depreciation is provided to write off the cost, of all fixed assets over their expected useful life as follows: -
Equipment - 33.33% straight line
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**YCC Annual Report and Financial Statement Registered Charity No: 1167641**
## **6.** Trustees are not remunerated.
## **7. Fund Accounting**
Fund accounting unrestricted funds are available to spend on activities that further any of the purposes of charity. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work.
## **8. Support Cost**
Allocation of support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back-office costs, finance, personnel, and governance costs, which support the Charity activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities. The bases on which support costs have been allocated are set out in note 13.
## **9. Taxation**
YCC is a registered charity and is not liable for corporation tax on its income under section 505 of the Income and Corporation Taxes Act 1988 to the extent that it is applied to its charitable activities.
## **10. Pension costs and other post-retirement benefits**
The organisation has a pension scheme set-up for it’s autoenrollment duties.
## **11. Status**
YCC is a registered Charitable Incorporated Organisation.
## **12. Restricted Fund Balance**
|Bridge Renewal Trusts
Enfield Learning Trust
GNTYouth & Community Grant
Enfield Voluntary Action TPI Grant
CAF Community Fund
The Gosling Foundation
Mayor's Fund
City of London Grant
Covid-19 Response Grant
G A Edwards
Albert Hunt SP
Groundwork UK
Fixed Asset Fund|**Balance at**
**31st March**
**2021**
**Balance at**
**1st April**
**2020**
**£**
**£**
-
-
-
-
4,078
-
2,143
-
3,157
-
4,789
-
-
-
-
-
-
-
-
-
-
-
-
-
47,656
-|
|---|---|
||**61,823**
**-**|
_***Purpose of restricted funds is to provide support to young disadvantaged people and to improve health and wellbeing.**_
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**YCC Annual Report and Financial Statement Registered Charity No: 1167641**
## **13. Support and Governance Cost**
|General administration cost
Small Equipment and Accessories
Meetings
Depreciation
Professional fees|**General**
**Support**
**Governance**
**Total**
**£**
**£**
**£**
2,294
**2,294**
2,261
**2,261**
836
**836**
30,065
**30,065**
1,075
**1,075**|
|---|---|
||**34,620**
**1,911**
**36,531**|
## **14** . **Accruals & Creditors**
|Professional fees
HMRC PAYE
Staff Costs
**Total**|**2021**
**£**
1,075
320
3,480
**4,875**|**2020**
**£**
500
**-**
**-**|
|---|---|---|
|||**500**|
## **15. Tangible Fixed Assets**
|**Cost**
Addition (2018/2019)
Addition (2019/2020)
Addition (2020/2021)
**At Cost Total**
**Depreciation**
Brought forward
Charge for the year
Carried Forward
**Net Book Value**
At March 2021
At March 2020|Equipment|
|---|---|
||12,846
11,744
65,598|
||90,188|
||12,467
30,065|
||42,532|
||47,656|
||12,124|
## **16. Debtors**
|Rent Deposit
**Total**|**2021**
**£**
4,576
**4,576**|**2020**
**£**
-|
|---|---|---|
|||**-**|
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**YCC Annual Report and Financial Statement**
**Registered Charity No: 1167641**
## **17. Staff Cost**
|**7. Staff Cost**|||
|---|---|---|
|Wages
Tax and NIC
pension
**Total staff cost**|**2021**
**£**
4,929
320
57
**5,306**|**2020**
**£**
-
-
-|
|||-|
*Total number of employees on payroll were 12.
## **18** . **Grants to provide charitable activities:**
|**Grants**
Bridge Renewal Trust
Vinci Foundation
UK Youth Generation
Enfield Learning Trust
GNTYouth & Community Grant
Enfield Voluntary Action TPI Grant
CAF Community Fund
The Gosling Foundation
Mayor's Fund
City of London Grant
Covid-19 Response Grant
G A Edwards
Albert Hunt SP
Groundwork UK
**Total Grants**|**2021**
**£**
28,302
450
10,000
3,143
17,300
10,000
14,824
38,769
29,520
6,000
2,000
500
**160,808**|**2020**
34,250
4,000
5,000
675|
|---|---|---|
|||**43,925**|
_***Purpose of funds are to provide support to young disadvantaged people and to improve health and wellbeing.**_
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**YCC Annual Report and Financial Statement Registered Charity No: 1167641**
## **19. Charitable Expenditure**
||**Unrestricted**
**Fund**|**Restricted**
**Fund**|**Total**
**Funds**
**2021**|**Total**
**Funds**
**2020**|
|---|---|---|---|---|
||£|£|£|£|
|**Expenses on charitable**|||||
|**activities:**|||||
|Rent and Service Charges|-|10,101|10,101|17,853|
|Hall Hire|-|-|-|2,636|
|Workshops and Training|255|4,876|5,131|1,956|
|Trips & Other Activities costs|349|1,365|1,714|1,036|
|General admin cost & Utilities|2,294|-|2,294|2,359|
|Small Equipment and Accessories|2,261|-|2,261|3,196|
|Volunteer Expenses|1,086|-|1,086|443|
|Project Materials and Resources|1,626|-|1,626|817|
|Meetings|836|-|836|510|
|Office & Training Centre Set-up|-|26,579|26,579|23,034|
|Professional fees|-|1,075|1,075|1,055|
|Staff cost and Sessional Workers|-|28,895|28,895|25,157|
|HMRC Tax & NIC|-|320|320|-|
|Depreciation|4,290|25,775|30,065|8,189|
|Refreshments|2,755||2,755|1,777|
|**TOTAL RESOURCES**
**EXPENDED**|**15,753**|**98,986**|**114,738**|**90,017**|
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**YCC Annual Report and Financial Statement Registered Charity No: 1167641**