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`ReferenceandAdministrativeDetailsoftheCharity,itsTrusteesandAdvisers`
`Chairman'sStatement`
`Trustees’Report`
`IndependentAuditor'sReportontheFinancialStatements`
`StatementofFinancialActivities`
`BalanceSheet`
`StatementofCashFlows`
`NotestotheFinancialStatements`	`20` `-38`

`Trustees`	`OAlabi(resigned29January2024)`
	`JAllen`
	`KBlack(resigned5 February2024)`
	`NHammond(resigned28September2023)`
	`LordJ Mendelsohn`
	`GMalton`
	`CAulis`
	`AHayman`
	`ABenjamin`
	`HKhalick`
	`LAllen(appointed28September2023)`
	`SLevy(appointed30November2023)`
	`KMunday(appointed21March2024)`
`Companyregistered`
`number`	`10445685`
`Charityregistered`
`number`	`1173239`
`Registeredoffice`	`76MontroseAvenue`
	`Edgware`
	`HA8ODT`
`Independentauditor`	`CroweU.K.LLP`
	`3rdFloor`
	`56PeterSt`
	`Manchester`
	`M23NQ`
`Bankers`	`Handelsbanken`
	`HygeiaBuilding`
	`66CollegeRoad`
	`Harrow`
	`HA11BE`

	`Unrestricted`	`Restricted`	`Total`		`Total`
	`Funds`	`Funds`	`Funds`		`Funds`
	`2023-24`	`2023-24`	`2023-24`		`2022-23`
	`£`	`£`	`ial`		`£`
`TotalIncome`	`1,195,404`	`208,736`	`1,404,140`		`1,423,958`
`TotalExpenditure`	`1,494,085`	`159,751`	`1,653,836`		`2,110,322`
`NetIncome/(Expenditure)`	`-298,681`	`48,985`	`-249 696`		`-686,364`
`TransferbetweenFunds`	`142,671`	`-142,671`		`-`		`7`
`NetmovementinFunds`	`-156,010`	`-93,686`	`-249,696`		`-686,364`
`TotalFundsCarriedForward`	`985,053`	`5,703,467`	`6,688,520`		`6,938,216`

==> picture [92 x 43] intentionally omitted <==

18th October 2024

		`Unrestricted`	`Restricted`	`Total`	`Total`
		`funds`	`funds`	`funds`	`funds`
		`2024`	`2024`	`2024`	`2023`
	`Note`	`£`	`£`	`£`	`£`
`Incomefrom:`
`Donationsandlegacies`	`A`	`840,593`	`202,475`	`1,043,068`	`1,273,239`
`Charitableactivities` `Othertradingactivities`	`On`	`248,571` `1,050`	`-` `-`	`248,571` `1,050`	`64,209` `1,359`
`Investments` `Otherincome`	`ON`	`18,105` `87,085`	`53` `6,208`	`18,158` `93,293`	`5,843` `79,308`
`Totalincome`		`1,195,404`	`208,736`	`1,404,140`	`1,423,958`
`Expenditureon:`
`Raisingfunds`		`36,870`	`648`	`37,518`	`6,230`
`Charitableactivities`		`1,457,215`	`159,103`	`1,616,318`	`2,104,092`
`Totalexpenditure`		`1,494,085`	`159,751`	`1,653,836`	`2,110,322`
`Net(expenditure)/income`		`(298,681)`	`48,985`	`(249,696)`	`(686,364)`
`Transfersbetweenfunds`	`18`	`142,671`	`(142,671)`	`-`	`-`
`Netmovementinfunds`		`(156,010)`	`(93,686)`	`(249,696)`	`(686,364)`
`Reconciliationoffunds:`
`Totalfundsbroughtforward`		`1,141,063`	`5,797,153`	`6,938,216`	`7,624,580`
`Netmovementinfunds`		`(156,010)`	`(93,686)`	`(249,696)`	`(686,364)`
`Totalfundscarriedforward`		`985,053`	`5,703,467`	`6,688,520`	`6,938,216`

			`2024`		`2023`
	`Note`
`Fixedassets`
`Tangibleassets`	`15`		`5,649,694`		`5,792,363`
			`5,649,694`		`5,792,363`
`Currentassets`
`Debtors`	`16`	`50,458`		`185,775`
`Cashatbankandinhand`		`1,092,196`		`1,151,558`
		`1,142,654`		`1,337,333`
`Creditors:amountsfallingduewithinone` `year`	`17`	`(103,828)`		`(191,480)`
`Netcurrentassets`			`1,038,826`		`1,145,853`
`Totalassetslesscurrentliabilities`			`6,688,520`		`6,938,216`
`Totalnetassets`			`6,688,520`		`6,938,216`
`Charityfunds`
`Restrictedfunds`	`18`		`5,703,467`		`5,797,153`
`Unrestrictedfunds`	`18`		`985,053`		`1,141,063`
`Totalfunds`			`6,688,520`		`6,938,216`

==> picture [478 x 325] intentionally omitted <==

	`Unrestricted`	`Restricted`	`Total`
	`funds`	`funds`	`funds`
	`2024`	`2024`	`2024`
	`£`	`£`	`£`
`DonationsandGrants`	`840,593`	`202,475`	`1,043,068`
	`Unrestricted`	`Restricted`	`Total`
	`funds`	`funds`	`funds`
	`2023`	`2023`	`2023`
	`£`	`£`	`£`
`DonationsandGrants`	`1,221,353`	`51,886`	`1,273,239`
`Incomefromcharitableactivities`
		`Unrestricted`	`Total`
		`funds`	`funds`
		`2024`	`2024`
		`£`	`£`
`YoungPeople`		`51,718`	`51,718`
`FundraisingDinner`		`196,853`	`196,853`
		`248,571`	`248,571`

`Unrestricted`	`Total`
`funds`	`funds`
`2024`	`2024`
`£`	`£`
`1,050`	`1,050`

`Unrestricted`	`Total`
`funds`	`funds`
`2023`	`2023`
`£`	`£`
`1,359`	`1,359`

`Unrestricted`	`Restricted`	`Total`
`funds`	`funds`	`funds`
`2024`	`2024`	`2024`
`£`	`£`	`£`
`18,105`	`53`	`18,158`

	`Unrestricted`	`Total`
	`funds`	`funds`
	`2023`	`2023`
	`£`	`£`
`BankInterest`	`5,843`	`5,843`

	`Unrestricted`	`Restricted`	`Total`
	`funds`	`funds`	`funds`
	`2024`	`2024`	`2024`
	`£`	`£`	`£`
`Otherincome`	`2,854`	`=`	`2,854`
`CateringIncome`	`41,034`	`-`	`41,034`
`Room/FacilityHire`	`43,197`	`6,208`	`49,405`
	`87,085`	`6,208`	`93,293`
		`Unrestricted`	`Total`
		`funds`	`funds`
		`2023`	`2023`
		`£`	`£`
`CateringIncome`		`52,321`	`52,321`
`Room/FacilityHire`		`26,987`	`26,987`
		`79,308`	`79,308`

==> picture [443 x 176] intentionally omitted <==

`Unrestricted`	`Restricted`
`funds`	`funds`	`Total`
`2024`	`2024`	`2024`
`£`	`£`	`£`
`1,457,215`	`159,103`	`1,616,318`
`Unrestricted`	`Restricted`
`funds`	`funds`	`Total`
`2023`	`2023`	`2023`
`£`	`£`	`£`
`1,997,195`	`106,897`	`2,104,092`

`Analysisofexpenditurebyactivities`
	`Activities`
	`undertaken`	`Support`	`Total`
	`directly`	`costs`	`funds`
	`2024`	`2024`	`2024`
	`£`	`£`	`£`
`YoungPeople`	`1,233,020`	`383,298`	`1,616,318`
	`Activities`
	`undertaken`	`Support`	`Total`
	`directly`	`costs`	`funds`
	`2023`	`2023`	`2023`
	`E`	`£`	`£`
`YoungPeople`	`1,654,597`	`449,495`	`2,104,092`
`Analysisofdirectcosts`
		`Young`	`Total`
		`People`	`funds`
		`2024`	`2024`
		`£`	`£`
`Staffcosts`		`1,090,990`	`1,090,990`
`Depreciation`		`19,901`	`19,901`
`OtherStaffingCosts`		`36,568`	`36,568`
`DeliveryCosts`		`85,561`	`85,561`
		`1,233,020`	`1,233,020`

	`Young`	`Total`
	`People`	`funds`
	`2023`	`2023`
	`£`	`£`
`Staffcosts`	`1,250,001`	`1,250,001`
`Depreciation`	`70,769`	`70,769`
`OtherStaffingCosts`	`50,778`	`50,778`
`DeliveryCosts`	`283,049`	`283,049`
	`1,654,597`	`1,654,597`
`Analysisofsupportcosts`
	`Young`	`Total`
	`People`	`funds`
	`2024`	`2024`
	`£`	`£`
`Depreciation`	`129,138`	`129,138`
`ManagementCosts`	`136,117`	`136,117`
`PremisesCosts`	`118,043`	`118,043`
	`383,298`	`383,298`
	`Young`	`Total`
	`People`	`funds`
	`2023`	`2023`
	`£`	`£`
`Depreciation`	`129,843`	`129,843`
`ManagementCosts`	`170,823`	`170,823`
`PremisesCosts`	`148,829`	`148,829`
	`449,495`	`449,495`

	`2024`	`2023`
	`£`	`£`
`FeespayabletotheCharity'sauditorfortheauditoftheCharity'sannual`
`accounts`	`7,000`	`6,110`
`FeespayabletotheCharity'sauditorinrespectof:`
`Allnon-auditservicesnotincludedabove`	`1,320`	`1,200`

	`2024`	`2023`
	`£`	`E`
`Wagesandsalaries`	`1,013,842`	`1,160,281`
`Socialsecuritycosts`	`62,420`	`73,448`
`Contributiontodefinedcontributionpensionschemes`	`14,728`	`16,272`
	`1,090,990`	`1,250,001`

	`2024`	`2023`
	`No.`	`No.`
`YouthZone`	`98`	`99`
`Thenumber`	`ofemployeeswhoseemployeebenefits(excludingemployerpensioncosts)`	`exceeded`
`£60,000was:`

					`2024`	`2023`
					`No`	`No.`
`In`	`the`	`band£60,001`	`-`	`£70,000`	`1`	`1`

`15.`	`Tangiblefixedassets`
		`Freehold`	`Motor`	`Fixturesand`	`Computer`
		`property`	`vehicles`	`fittings`	`\|equipment`	`Total`
		`£`	`£`	`£`	`£`	`£`
	`Costorvaluation`
	`At` `1April2023`	`6,218,530`	`24,950`	`224,903`	`80,642`	`6,549,025`
	`Additions`	`-`	`-`	`3,557`	`2,811`	`6,368`
	`At31March2024`	`6,218,530`	`24,950`	`228,460`	`83,453`	`6,555,393`
	`Depreciation`
	`At1 April2023`	`460,483`	`14,553`	`208,965`	`72,661`	`756,662`
	`Chargefortheyear`	`124,370`	`8,316`	`11,584`	`4,767`	`149,037`
	`At31March2024`	`584,853`	`22,869`	`220,549`	`77,428`	`905,699`
	`Netbookvalue`
	`At31March2024`	`5,633,677`	`2,081`	`7,911`	`6,025`	`5,649,694`
	`At 31March2023`	`5,758,047`	`10,397`	`15,938`	`7,981`	`5,792,363`
`16.`	`Debtors`
					`2024`	`2023`
					`£`	`£`
	`Duewithinoneyear`
	`Tradedebtors`				`43,480`	`26,279`
	`Prepaymentsandaccruedincome`				`6,978`	`159,496`
					`50,458`	`185,775`

	`2024`	`2023`
	`£`	`£`
`Tradecreditors`	`14,033`	`42,019`
`Othertaxationandsocialsecurity`	`27,090`	`34,855`
`Othercreditors`	`69,495`	`89,567`
`Accrualsanddeferredincome`	`(6,790)`	`25,039`
	`103,828`	`191,480`

						`Balanceat`
	`Balanceat`	`1`			`Transfers`	`31March`
	`April2023`		`Income`	`Expenditure`	`in/out`	`2024`
		`£`	`£`	`£`	`£`	`£`
`Unrestrictedfunds`
`Designatedfunds`
`Buildingfund`	`150,000`		`-`	`(47,000)`	`-`	`103,000`
`Strategicprojects`	`-`		`-`	`-`	`150,000`	`150,000`
	`150,000`		`-`	`(47,000)`	`150,000`	`253,000`
`Generalfunds`
`GeneralFunds`	`991,063`		`1,195,404`	`(1,447,085)`	`(7,329)`	`732,053`
`TotalUnrestrictedfunds`	`1,141,063`		`1,195,404`	`(1,494,085)`	`142,671`	`985,053`
`Restrictedfunds`
`Fixedassets`	`5,792,364`		`-`	`-`	`(142,671)`	`5,649,693`
`HobsonCharity`	`-`		`5,000`	`(5,000)`	`-`	`-`
`JackPetchey- Achievement`
`Awards`	`8,495`		`2,700`	`(5,365)`	`-`	`5,830`
`LondonYouth- Youthful`
`WarriorsProject`	`-`		`4,000`	`(4,000)`	`-`	`-`
`SonyMusicProject`	`-`		`340`	`(340)`	`-`	`-`
`CultureofHealth`	`(1,472)`		`9,647`	`(8,175)`	`-`	`-`
`Burberry- HolidayClubProject`	`(1,292)`		`2,500`	`(1,208)`	`-`	`-`
`FiredUp4-PotteryKiln(Arts&` `Crafts)`	`(942)`		`3,458`	`(2,516)`	`-`	`-`
`OnSide- Strugglinghouseholds`	`-`		`648`	`(648)`	`-`	`-`
`IsraeliFamilies`	`-`		`6,208`	`(6,208)`	`-`	`-`
`SonyMusicProject23/24`	`-`		`36,200`	`(18,100)`	`-`	`18,100`
`OnSide- BurberryInspire`
`Project`	`-`		`17,500`	`(17,500)`	`-`	`-`
`TheNationalLottery`
`CommunityFund`	`-`		`72,803`	`(72,803)`	`-`	`-`
`OnSide- ImpactFundPhase2`	`-`		`41,384`	`(8,315)`	`-`	`33,069`
`BailyThomasCharitableTrust`	`-`		`5,000`	`(5,000)`	`-`	`-`

						`Balanceat`
	`Balanceat`	`1`			`Transfers`	`31March`
	`April2023`		`Income`	`Expenditure`	`in/out`	`2024`
		`£`	`E`	`£`	`£`	`£`
`ABC- Boxingproject`	`-`		`989`	`(4,214)`	`-`	`(3,225)`
`JamieMOFcookingcourse-`
`TrainingKitchen`	`-`		`359`	`(359)`	`-`	`-`
	`5,797,153`		`208,736`	`(159,751)`	`(142,671)`	`5,703,467`
`Totaloffunds`	`6,938,216`		`1,404,140`	`(1,653,836)`	`-`	`6,688,520`

					`Balanceat`
	`Balanceat`			`Transfers`	`31March`
	`1April2022`	`Income`	`Expenditure`	`in/out`	`2023`
	`£`	`£`	`£`	`£`	`E`
`Unrestrictedfunds`
`Designatedfunds`
`DesignatedFunds- allfunds`	`150,000`	`-`	`-`	`-`	`150,000`
`Generalfunds`
`GeneralFunds`	`1,409,213`	`1,372,072`	`(2,003,425)`	`213,203`	`991,063`
`TotalUnrestrictedfunds`	`1,559,213`	`1,372,072`	`(2,003,425)`	`213,203`	`1,141,063`
`Restrictedfunds`
`Fixedassets`	`6,005,567`	`-`	`-`	`(213,203)`	`5,792,364`
`HobsonCharity`	`5,522`	`-`	`(5,522)`	`-`	`-`
`JackPetchey- Achievement`
`Awards`	`8,647`	`8,100`	`(8,252)`	`-`	`8,495`
`LondonYouth- Youthful`
`WarriorsProject`	`17,457`	`19,479`	`(36,936)`	`-`	`-`
`SonyMusicProject`	`28,174`	`-`	`(28,174)`	`-`	`-`
`CultureofHealth`	`-`	`16,807`	`(18,279)`	`-`	`(1,472)`
`Burberry- HolidayClubProject`	`-`	`7,500`	`(8,792)`	`-`	`(1,292)`
`FiredUp4-PotteryKiln(Arts&`
`Crafts)`	`-`	`-`	`(942)`	`-`	`(942)`
	`6,065,367`	`51,886`	`(106,897)`	`(213,203)`	`5,797,153`
`Totaloffunds`	`7,624,580`	`1,423,958`	`(2,110,322)`	`-`	`6,938,216`

	`Unrestricted`	`Restricted`	`Total`
	`funds`	`funds`	`funds`
	`2024`	`2024`	`2024`
	`£`	`£`	`£`
`Tangiblefixedassets`	`5,649,694`	`-`	`5,649,694`
`Currentassets`	`1,142,654`	`-`	`1,142,654`
`Creditorsduewithinoneyear`	`(103,828)`	`-`	`(103,828)`
`Difference`	`(5,703,467)`	`5,703,467`	`-`
`Total`	`985,053`	`5,703,467`	`6,688,520`
`Analysisofnetassetsbetweenfunds- priorperiod`
	`Unrestricted`	`Restricted`	`Total`
	`funds`	`funds`	`funds`
	`2023`	`2023`	`2023`
	`£`	`£`	`£`
`Tangiblefixedassets`	`-`	`5,792,363`	`5,792,363`
`Currentassets`	`1,332,543`	`4,790`	`1,337,333`
`Creditorsduewithinoneyear`	`(191,480)`	`-`	`(191,480)`
	`1,141,063`	`5,797,153`	`6,938,216`

		`2024`	`2023`
		`£`	`£`
	`Netexpenditurefortheperiod(asperStatementofFinancialActivities)`	`(249,696)`	`(686,364)`
	`Adjustmentsfor:`
	`Depreciationcharges`	`149,037`	`200,611`
	`Dividends,interestsandrentsfrominvestments`	`(18,158)`	`(5,843)`
	`Lossonthesaleoffixedassets`	`-`	`186`
	`(Increase)/Decreaseindebtors`	`135,317`	`(65,255)`
	`Increase/(Decrease)increditors`	`(87,652)`	`11,096`
	`Netcashusedinoperatingactivities`	`(71,152)`	`(545,569)`
`21.`	`Analysisofcashandcashequivalents`
		`2024`	`2023`
		`£`	`£`
	`Cashinhand`	`1,092,196`	`1,151,558`
	`Totalcashandcashequivalents`	`1,092,196`	`1,151,558`
`22.`	`Analysisofchangesinnetdebt`

				`At1 April`		`At31March`
				`2023`	`Cashflows`	`2024`
				`£`	`£`	`£`
`Cashat`	`bankand`	`in`	`hand`	`1,151,558`	`(59,362)`	`1,092,196`
				`1,151,558`	`(59,362)`	`1,092,196`

OpenCharities

2024-03-31-accounts

18th October 2024