Registered Charity Number 1172351
Gospel Oak Action Link Youth Club (GOAL)
Report and Accounts For The Year Ended 31 December 2021
**Gospel Oak Action Link Youth Club (GOAL) Report and accounts Contents**
||**Page**|
|---|---|
|Charity information|**1**|
|Trustees' Report|**2**|
|Statement of trustees' responsibilities|**4**|
|Independent Examiner's report|**6**|
|Statement of Financial Activities|**7**|
|Balance sheet|**8**|
|Notes to the accounts|**9**|
**Gospel Oak Action Link Youth Club (GOAL) Information**
Trustees Adrian Mars (Elected May 2021) Adam Khalid Andrew Blow (Elected May 2021) Celia David (resigned August 2021) Diana Gallop Edward Laing John Cochrane Larraine Revah Matt Peltier (elected May 2021 and resigned September 2021) Sean Titley (resigned January 2022) Tamir Islam (resigned January 2022) Charity Number 1172351 Registered office 8 Wiblin Mews London NW5 4QP Accountants Hamilton Coopers Chartered Accountants 66 Earl Street Maidstone Kent ME14 1PS
1
## **Gospel Oak Action Link Youth Club (GOAL)**
**The report of the trustees**
## **for the year ended 31 December 2021**
## **Introduction**
The trustees present their annual report and accounts for the year ended 31st December 2021.
## **Introduction**
## **Directors and Trustees**
The Trustees who served during the year are mentioned as follow
Adam Khalid Larraine Revah Diana Gallop Tamir Islam Edward Laing Sean Titley John Cochrane Adrian Mars (Elected May 2021) Andrew Blow (Elected May 2021) Celia David (resigned August 2021) Matt Peltier (elected May 2021 and resigned September 2021)
## **Structure, governance and management**
## Structure and Governing document
The Association is a Charitable Incorporated Organization. It was registered as a charity on 30th March 2017.
Gospel Oak Action Link Youth Club is the CIC successor to Gospel Oak Action Link charity (no 1068436) which operated from 1998 -2017. Although registered in 2017, the new CIC did not start operating until January 2018.
## Recruitment and appointment of Trustees
The trustees are elected at AGM and at Trustee meetings.
## **TRUSTEES’ REPORT**
## **Objectives and Activities**
For the benefit of the inhabitants of Gospel Oak ward and the neighbourhood ("the area of benefit") by;
1. The advancement of education.
2. The protection and preservation of good health.
3. The protection and preservation and maintenance of the natural and built environment in the area of benefit.
4. The provision of facilities for recreation and leisure time occupation of the said inhabitants in the interests of social welfare and with the object of improving their conditions of life and in particular the provision of such facilities for children and young people to assist them to grow to full maturity as individuals and as members of society.
2
## **Gospel Oak Action Link Youth Club (GOAL)**
**The report of the trustees for the year ended 31 December 2021**
## **Review of activities for the past year**
## **Achievements**
With lockdown restrictions back at the beginning of the year, we concentrated on three areas: telephone support and mentoring of young people, provision of computers and dongles to young people who would not otherwise have computer access, and on-line cooking and dance sessions.
Young people had reported feeling isolated and lethargic after months of restrictions and limited schooling and social contact. Once lockdown restrictions eased, we offered a wide variety of (initially outdoor) sports activities kicking off with an Easter sports camp. Once our premises were able to reopen, the sports programme was supplemented by a variety of indoor activities.
The junior age group was quick to return to the youth club and seize the opportunities for social contact and a choice of free activities. Attendance soon exceeded preCovid levels. Senior Youth Club membership proved more challenging to rebuild and is a major priority for 2022.
We developed a new approach to building trust between young people and the police called Off the Hook. During 10-weekly sessions, a group of young people and police volunteers train hard together in a boxercise class and then discuss issues of mutual concern or hear an inspirational speaker. Participant feedback has shown the project to be very successful, and it has attracted considerable interest and the help of former boxer Michael Watson as project ambassador.
Our girls’ group was successfully relaunched and now includes a female-only sports session. Although some of the girls also attend mixed sessions, they value a female-only space. Other girls have cultural or religious reservations about mixed sessions (particularly mixed sports) and will only attend single sex sessions.
A major priority was completing funded projects paused because of Covid. This was largely achieved by the year end. We are grateful to funders who recognised the difficulties imposed by changing restrictions and continued to support us.
We operate from a temporary building in a regeneration area. A major priority for trustees has been to secure a commitment from landowner Camden Council for suitable new premises for youth activity in the regenerated area (including indoor sports provision) and a promise of suitable temporary premises during rebuilding. Over several years of lobbying, we have been aided by our partners (and premises’ operators) Queen’s Crescent Community Association, and youth club members (who left Council Officers in no doubt about what was required). Towards the year end we learned that our requirements will be included in the draft Vision for the area. Whilst this is a major improvement of the first draft plan for the area (which contained no such facilities), we will remain vigilant until the new building is up.
## **Public Benefit**
The charity provides a range of free activities and help into further education or employment for young people aged 8-19 in the Queen's Crescent neighbourhood in the London Borough of Camden. The trustees consider all the charity's activities fall within the definition of public benefit.
## **Risks**
The trustees considered the following risks:
3
## **Gospel Oak Action Link Youth Club (GOAL)**
## **The report of the trustees for the year ended 31 December 2021**
Funding shortfall as cost rise, competition for funds increases and long-term funders retire. This is a limited risk because of the flexibility our partnership with QCCA provides to contract or expand operations to match available resources. Reserves have been increased and external fundraisers appointed to obtain multi-year funding for key posts.
Lack of premises to operate from due to regeneration of the area. Energetic lobbying of Camden Council continues and new youth facilities are now in the Draft Vision for the area.
Trustee shortage as long serving trustees stand down. Recruitment campaign for new trustees launched.
Difficulties in rebuilding membership after successive lockdowns. A Sports Development Coordinator recruited to offer wide-ranging free sports programmes for young people.
Accidents in the Dome. Relevant policies and training are in place and subject to regular review. Staff ratios operate. Adequate insurance is maintained.
## **Reserves**
As GOALYC rents premises and obtains staff on an agency basis, reserves policy reserves policy is to meet obligations, maintain a buffer against any temporary shortfall in funds and to deal with contingencies. In response to the uncertain financial climate designated reserves were increased to £30,000.
## **Fundraising from External Sources**
Trustees share the fundraising role with staff. However, given the very uncertain financial climate and the age profile of some of our regular donors, external fundraisers were commissioned to raise multi -year funds for the two key posts.
We would like to thank all our funders, staff members and volunteers for all their hard work and support over the past year.
## **Statement of Trustees Responsibilities**
The Trustees are aware that Charity law requires the Trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure for that period. In preparing those financial statements, the Trustees are required to
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles of the charities SORP;
- make judgments and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on a going concern basis unless it is inappropriate to presume that the company will continue in business.
4
## **Gospel Oak Action Link Youth Club (GOAL)**
## **The report of the trustees for the year ended 31 December 2021**
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Method of preparation of accounts**
The accounts have been prepared in accordance with the charity’s Memorandum and Articles of Association and comply with the Statement of Recommended Practice (SORP), “Accounting and Reporting by Charities Act 2011.
## Sep 21, 2022
This report was approved by the Board of Trustees on ….................. and signed on its behalf by:
Dinah Gallop (Sep 21, 2022 16:45 GMT+1)
**Diana Gallop** Trustee
5
## **Chartered Accountants' independent assurance report on the unaudited accounts of Gospel Oak Action Link Youth Club (GOAL)**
## **To the Board of Directors of Gospel Oak Action Link Youth Club (GOAL) ('the Company')**
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2021 which are set out on pages 7 to 12.
## **Responsibilities and basis of report**
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1 accounting records were not kept in respect of the charity as required by section 130 of the Act; or
- 2 the accounts do not accord with those records; or
- 3 the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
**Asim Malik, FCA** Chartered Accountant
Sep 21, 2022 Date …..................
## **Hamilton Coopers**
Chartered Accountants 66 Earl Street Maidstone Kent ME14 1PS
6
## **Gospel Oak Action Link Youth Club (GOAL)**
## **Statement of Financial Activities (including consolidated income and expenditure account) for the year ended 31 December 2021**
||||**UnrestrictedDesignatedRestricted**|**UnrestrictedDesignatedRestricted**|**UnrestrictedDesignatedRestricted**|**Total**|**Last Year**|
|---|---|---|---|---|---|---|---|
||||**Funds**|**Funds**|**Funds**|**Funds**|**Total Funds**|
||**Notes**||**2021**|**2021**|**2021**|**2021**|**2020**|
||||**£**|**£**|**£**|**£**|**£**|
|**Incoming resources**||||||||
|**_Incoming resources from generated funds_**||||||||
|Voluntary Income||5|38,571|-|62,730|101,301|165,389|
|Investment Income||6|13|-|-|13|67|
|**Total incoming resources**|||**38,584**|**-**|**62,730**|**101,314**|**165,456**|
|**_Costs of charitable activities_**|||11,167|-|85,758|96,925|120,132|
|**_Governance costs_**|||840|-|-|840|780|
|**Total resources expended**|||12,007|-|85,758|97,765|120,912|
|**Net income/expenditure**||||||||
|**before transfers between funds**|||26,577|-|(23,028)|3,549|44,544|
|**Gross transfers between funds**|||(27,344)|25,000|2,344|-|-|
|**Net movement in funds**|||(767)|25,000|(20,684)|3,549|44,544|
|**Reconciliation of funds**||||||||
|**_Total funds brought forward_**|||84,360|20,000|33,396|137,756|93,212|
|**Total Funds carried forward**|||**83,593**|**45,000**|**12,712**|**141,305**|**137,756**|
**All activities derive from continuing operations**
**The notes on pages 9 to 13 form an integral part of these accounts.**
7
## **Gospel Oak Action Link Youth Club (GOAL) Company Number Balance Sheet as at 31 December 2021**
|**Current assets**
Debtors
7
Cash at bank and in hand
**_Total current assets_**
**Creditors:-**
amounts due within one year
8
**_Net current assets_**
**_Total assets less current liabilities_**
**Creditors:-**
amounts due after more than one year
**Net assets**
**_The funds of the charity :_**
9
**Unrestricted funds**
**Designated funds**
**Restricted funds**
**Total charity funds**|**£**
**£**
**£**
**£**
108
-
186,341
213,608
186,449
213,608
(45,144)
(75,852)
141,305
137,756
141,305
137,756
-
-
141,305
137,756
83,593
84,360
45,000
20,000
12,712
33,396
141,305
137,756
**2021**
**2020**
Sep 21, 2022|
|---|---|
Approved by the board of trustees and authorised for the issuance on ….................
Dinah Gallop (Sep 21, 2022 16:45 GMT+1)
**Diana Gallop Trustee**
**The notes on pages 9 to 13 form an integral part of these accounts.**
8
**Gospel Oak Action Link Youth Club (GOAL) Notes to the Accounts for the year ended 31 December 2021**
## **1 Accounting policies**
The principal accounting policies adopted in the preparation of the financial statements are setout below and have remained unchanged from the previous year and have also been consistently applied within the same accounts with the exception of the following.
## _**Accounting convention**_
a) Basis of preparation and assessment of going concern:
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) and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) .
The charity 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 notes.
## _**Incoming Resources**_
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.
## **Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants**
It is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
## **Income from charitable activities includes primary purpose trading**
Income from charitable activities includes primary purpose trading, income earned both from the supply of goods or services under contractual arrangements or grant agreements, which have conditions that specify the provision of particular goods or services to be provided and undertaken for the charitable purposes of the charity.
## **Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
9
**Gospel Oak Action Link Youth Club (GOAL) Notes to the Accounts for the year ended 31 December 2021**
## _**Fund accounting**_
Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the consortium's work or for specific projects being undertaken by the charity.
## _**Expenditure recognition**_
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings.
## _**Debtors**_
Debtors are recognised at the settlement recoverable amount due. Prepayments are valued at the amount prepaid.
## _**Cash at bank and in hand**_
Cash at bank and in hand includes is held to meet short-term cash commitments as they fall due rather than for investment purposes and may include short-term deposits.
## _**Creditors, deferrals and provisions**_
Creditors and provisions are liabilities where we have a present obligation to a third party that we shall normally pay by cash. Provisions are measured or estimated as reliably as possible.
Where performance-related conditions are specified in a grant, the income will only be recognised to the extent that the charity has provided the facility or service. Any income received in advance of the conditions being met are deferred and shown under creditors.
## **2 Winding up or dissolution of the charity**
The charity can be wound up by resolution of its members. Any remaining assets must be applied for charitable purposes the same as or similar to those of the CIO.
|**3**|**Surplus for the financial year**|**2021**|**2020**|
|---|---|---|---|
|||**£**|**£**|
||**This is stated after crediting :-**|||
||**Revenue Turnover from ordinary activities**|101,301|165,389|
||**and after charging:-**|||
||Independent Examiner's Fees|840|780|
10
**Gospel Oak Action Link Youth Club (GOAL) Notes to the Accounts for the year ended 31 December 2021**
## **4 Statement that no expenses were paid to trustees or connected persons**
- Neither the trustees nor any persons connected with them have received any remuneration, either in the current year or the prior year.
## **5 Detailed analysis of certain transactions required by the 2005 revision to the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales (effective April 2005 and revised May 2008)**
|**Unrestricted**
**funds**
**2021**
**£**
**Incoming resources**
**_Incoming resources from generated funds_**
BBC Children in Need
-
People’s Health Trust
-
Mayor’s Office for Policing and
Crime
-
Sport England
-
Camden Council Youth Safety
Fund
-
Labtech
London Borough of Camden (CIL)
Awards for All
Mary Kinross Charitable Trust
Wednesday's Child
Coronavirus Community Support
Fund
Others
-
Other unrestricted grants
14,000
Donations
24,571
38,571
**6**
**Investment Income**
Bank deposit interest received
**7**
**Debtors**
Other Debtors
**8**
**Creditors: amounts falling due within one year**
Accrued expenses
Deferred income and grants in advance|**Restricted**
**funds**
**2021**
**£**
4,968
-
-
-
22,500
-
22,562
8,900
-
-
-
3,800
-
62,730|**Total**
**funds**
**2021**
**£**
4,968
-
-
-
22,500
-
22,562
8,900
-
-
-
3,800
14,000
24,571
101,301
**2021**
**£**
13
**2021**
**£**
108
**2021**
**£**
20,038
25,106
45,144|**Total**
**funds**
**2020**
**£**
4,731
2,036
72,188
6,334
19,802
1,000
3,124
-
3,500
4,000
450
10,300
14,500
23,424
165,389
**2020**
**£**
67
**2020**
**£**
-
**2020**
**£**
39,422
36,430
75,852|
|---|---|---|---|
11
**Gospel Oak Action Link Youth Club (GOAL) Notes to the Accounts for the year ended 31 December 2021**
|**9**|**Particulars of Individual Funds and analysis of**|**Particulars of Individual Funds and analysis of**|**Particulars of Individual Funds and analysis of**|**assets and liabilities representing funds**|**assets and liabilities representing funds**|**assets and liabilities representing funds**|
|---|---|---|---|---|---|---|
||**At 31 December 2021**|**Unrestricted**||**Designated**|**Restricted**|**Total**|
||||**funds**|**funds**|**funds**|**Funds**|
||||**£**|**£**|**£**|**£**|
||Current Assets||128,737|45,000|12,712|186,449|
||Current Liabilities||(45,144)|-|-|(45,144)|
||||83,593|45,000|12,712|141,305|
||**At 1 January 2021**|**Unrestricted**||**Designated**|**Restricted**|**Total**|
||Current Assets||**funds**
**£**
85,140|**funds**
**£**
20,000|**funds**
**£**
108,468|**Funds**
**£**
213,608|
||Current Liabilities||(780)|-|(75,072)|(75,852)|
||||84,360|20,000|33,396|137,756|
## **The individual funds included above are :-**
|Santander
BBC Children In Need
People’s Health Trust
Sport England
National Lottery
London Borough of Camden (CIL)
Camden Youth Safety Fund
Others
Designated funds
Unrestricted|**Funds at**
**2020**
**£**
1,320
1,529
8,407
4,147
-
16,994
1,000
20,000
84,359
137,756|**Movements**
**in**
**Funds**
**as below**
**£**
-
4,968
(8,913)
(3,965)
705
(1,724)
(12,642)
(1,458)
-
26,577
3,549|**Transfers**
**Between**
**funds**
**£**
-
(659)
506
(180)
495
1,724
458
25,000
(27,344)
-|**Funds at**
**2021**
**£**
1,320
5,838
-
2
1,200
-
4,352
-
45,000
83,592
141,305|
|---|---|---|---|---|
## **Analysis of movements in funds as shown in the table above**
|BBC Children In Need
People’s Health Trust
Sport England
National Lottery
London Borough of Camden (CIL)
Camden Youth Safety Fund
Others
Unrestricted|**Incoming**
**Resources**
**£**
4,968
8,900
22,562
22,500
3,800
38,584
101,314|**Outgoing**
**Resources**
**£**
-
(8,913)
(3,965)
(8,195)
(24,286)
(35,142)
(5,257)
(12,007)
(97,765)|**Gains &**
**Losses**
**£**
-
-
-
-
-
-
-|**Movement**
**in funds**
**£**
4,968
(8,913)
(3,965)
705
(1,724)
(12,642)
(1,457)
26,577
3,549|
|---|---|---|---|---|
12
2022-09-21
Final Audit Report
## 2021 Accounts
Created: 2022-09-21 By: Hamilton Coopers (info@hamiltoncoopers.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAa4E4HWzavwpbJdFQY0L9qYWD4zmxsWyn
## "2021 Accounts" History
Document created by Hamilton Coopers (info@hamiltoncoopers.co.uk)
2022-09-21 - 15:10:19 GMT- IP address: 157.231.197.180
Document emailed to Dinah Gallop (dinah.gallop@blueyonder.co.uk) for signature 2022-09-21 - 15:11:29 GMT
Email viewed by Dinah Gallop (dinah.gallop@blueyonder.co.uk)
2022-09-21 - 15:39:16 GMT- IP address: 86.20.50.218
Document e-signed by Dinah Gallop (dinah.gallop@blueyonder.co.uk)
Signature Date: 2022-09-21 - 15:45:57 GMT - Time Source: server- IP address: 86.20.50.218
Document emailed to asim@hamiltoncoopers.co.uk for signature 2022-09-21 - 15:45:59 GMT
Email viewed by asim@hamiltoncoopers.co.uk 2022-09-21 - 15:54:49 GMT- IP address: 157.231.197.180
Signer asim@hamiltoncoopers.co.uk entered name at signing as Hamilton Coopers 2022-09-21 - 15:55:24 GMT- IP address: 157.231.197.180
Document e-signed by Hamilton Coopers (asim@hamiltoncoopers.co.uk) Signature Date: 2022-09-21 - 15:55:25 GMT - Time Source: server- IP address: 157.231.197.180
Agreement completed.
2022-09-21 - 15:55:25 GMT