Young Ladies Club
Charity Number: 1179653
Company Number: 08233912
Report and accounts For the year ended 30 September 2023
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Contents
For the year ended 30 September 2023
Administrative Information ..................................................................................................... 3 Report of the Trustees ........................................................................................................... 4 Independent Examiners Report .......................................................................................... 14 Statement of Financial Activities (incorporating income and expenditure) ................... 16 Balance Sheet ....................................................................................................................... 18 Notes to the Accounts ..................................................................................................... 2 0 - 2 6 Detailed Statement of Financial Activities ....................................................................2 7 - 28
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Young Ladies Club
Administrative Information
Company number: 08233912
Charity number: 1179653
Registered Office
260 Woodstreet Walthamstow London E17 3NG
Trustees
Trustees, who are also directors under company law, who served during the year and up to the date of this report were as follows.
P.Jones
I.Mogaji H. Apanpa (resigned 14[th] September 2023) Whitney Fangawa (appointed 18[th] September 2023)
Key Management Personnel
Hannah Oyewole (Chief Executive Officer)
Accountants
Charles Luf & Co 11 Pearson Street London E2 8JD
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Young Ladies Club
Report of the trustees for the year ended 30[th ] September 2023
The trustees present their annual report and accounts for the year ended 30[th ] September 2023
The trustees report has been prepared in accordance with the charities SORP (FRS 102), the trust deed and the Charities Act 2011.
Our Objectives and Activities
The objects of the charity are to act as a resource for young ladies by providing advice and assistance and organising programmes of physical, educational and other activities as a means of:
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Advancing in life and helping young ladies by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals;
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Advancing education;
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Relieving unemployment;
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Providing confidence building workshops and mentoring programmes to support young ladies who are unemployed and from disadvantaged backgrounds.
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Providing support and intervention programmes for girls in gangs and NEETS.
4
Our Mission
Young Ladies Club aims to raise aspirations in disadvantaged young women to achieve their education and career potential by providing mentoring, confidence building activities and career workshops from positive role models.
Our Vision
Young Ladies Cub envisions a world where young women’s socioeconomic background does not impact educational and career outcomes.
How our activities deliver public benefit
The charity’s main activities are described below. We provide a range of programmes for young women and girls to help increase their selfesteem and confidence and achieve their education and career potential.
We review our aims, objectives and activities each year. The review looks at the success of each key activity and the benefits they have brought to those groups of people we are set up to help. The review also helps us ensure our aim, objectives and activities remained focused on our stated purposes. We have referred to guidance contained in the Charity Commission’s general guidance on public benefit when reviewing our aim and objectives in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.
Activities and achievements
The main areas of our charitable activity fall under our core programmes which are;
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Mentoring Programmes
Our Sheroes mentoring programme provided vital support to young women and girls aged 12-25. We have built on our mentoring programme from the previous year and expanded the age group. The mentoring programme was delivered in a variety of formats.
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One to One mentoring (face to face)
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Group mentoring (face to face)
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Online mentoring
The delivery of our mentoring project had taken place physically and digitally within Waltham Forest. The project paired young women and girls within the local community with volunteer mentors who acted as positive role models. The project enabled young women and girls to develop their self-esteem and confidence. The sessions were supervised by Project Leaders.
The session covered a range of workshops and positive sessions which included.
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Confidence skills sessions
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Maintaining a healthy mind (well-being)
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Goal setting
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Vision Board Session
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Key skills and Employment Session
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Positive Affirmations
The project has made a difference in the lives of the young women and girls we have supported within the community. The project has.
Developed the well-being and confidence of the young women
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and girls supported.
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Developed the life skills to help them advance in life.
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Enabled them to connect with positive volunteer mentors within the community.
6
Statistics
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97% of young women and girls increased their self-esteem and confidence.
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95% of young women and girls believed the volunteer mentors positively influenced their life.
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97% of young women and girls would refer our project to their friends and/or family.
We have gained valuable learnings from the project. We have gained experience and knowledge in the delivery of our project and we know from evaluation tools and reports that our beneficiaries enjoyed the support from volunteer mentors. In addition to this we are also aware that our beneficiaries benefit from online learning. Therefore we intend to continue to provide a hybrid mentoring project to support beneficiaries on and offline. We also aim to foster more collaborative partnerships with businesses in the local community and corporate organisations to act as a resource for the mentoring project. We aim to continue to share resources and learnings to expand and develop our mentoring project.
VAWG Programme
Our VAWG programme has moved from strength to strength. As we have delivered a series of workshops, offline and online programmes and events to help black and minoritised young women break the cycle of domestic abuse and its effects. We have provided dedicated support to 55 black and minoritised survivors. We have provided the following services.
Advocacy support
We provided personal safety plans for black and minoritised survivors which enabled women to leave toxic relationships safely.
Domestic abuse prevention advice.
We provided advice to help black and minoritised survivors spot the signs of an abusive relationship and end the cycle of abuse in their lives.
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Specialist support for survivors.
Our specialist support services comprised of translators and interpreters who provided additional support for black and minoritised women. This form of support was crucial for black and minoritised women who are unable to communicate in English. The translation service helped to protect women from future abuse.
Personal development services.
We provided personal development services to help build the self-esteem and confidence of black and minoritised survivors. The personal development services comprised of activities relating to helping survivors set goals, visualise their aspirations (dream board), develop positive beliefs and affirmations.
Counselling.
We provided trauma and race informed confidential counselling for black and minoritised survivors.
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90% of attendees reported an increase in their self-esteem and confidence.
-
95% of attendees highlighted the importance of personal development workshops particularly goal setting.
-
95% of attendees benefited from the specialist support and trauma informed counselling services.
VAWG Consultations
We conducted VAWG consultations to gain a better insight into the lives of our black and minoritised victims/survivors and how they have been affected by domestic abuse. The victims/survivors were able to highlight the ways in which they can be better supported and the resources that would further help them on their journey to recovery and safety. The victims/survivors highlighted that they had experienced financial abuse and would like more support to cope with their finances and insight to help them break the cycle of financial abuse. The VAWG consultations was followed up by a financial skills workshop.
8
VAWG Cost of Living Support
The cost-of-living crisis has had a significant impact on the women that we support. We provided support to 50 women to help them feel safe and recover from abuse. In addition to this the women were provided with.
- Essential items, food security and support with access to services.
Essential items included toiletries, food vouchers, and travel vouchers which helped women to gain their independence and disconnect them from harm and abuse. The warm and cold meals provided ensured that women had food security. In addition to this, women were supported with access to important services such as travel to appointments. Women were also provided with well-being workshops to boost their self-esteem and confidence. The VAWG cost of living support had a positive impact on our beneficiaries. As it provided them with sustained support. The ability for them to gain access to essential items, well-being workshops and support with services enabled them to cope, recover and feel safer in their daily lives.
Personal Development Programme
Our personal development programme featured a financial skills workshop delivered by The Money Charity. This workshop helped women understand the importance of personal finance, savings and building good credit. The workshop also provided different ways for women to budget their money.
Organisation development
Our organisation benefited from the Rosa Rise fund to support the development of our organisation to survive and grow in the future. The funding enabled us to strengthen the leadership of our organisation through leadership training and courses. Our senior leadership team were able to increase their awareness as leaders and engage more effectively with others across the organisation. Our senior leaders and staff also benefited from resiliency coaching and mental health and well-being workshops. Overall, our organisation and team has strengthened their strategic thinking skills, planning and delivery skills, people management skills, change management skills and innovation skills.
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Our organisation was also further supported by Rosa through the Rosa rise core costs fund. The funding enabled our organisation to cover staff costs, rent, utilities, insurance, IT equipment, training, fundraising, governance, transport, food and volunteer costs.
Special thanks to our funders
We would like to thank our funders for enabling our important work to continue.
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Mopac (Mayors Office for Policing and Crime)
-
London Community Foundation
-
Rosa
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The National Lottery Fund
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Financial review
The year ended with a total income of £331,268 (2022: £167,180) and total expenses of £2 41 , 371 (2022: £108,792). The charity reserves as of 30 September 2023 were £85,201 (2022: £73,690)
Principle risks and uncertainties
The trustees have identified that the main risk to the charity relate to income generation. To mitigate funding risks, we will continue to diversify our funding streams. The trustees will continue to analyse risks faced by the charity and ensure the appropriate measures are in place to mitigate against further risks.
Plans for the future
We aim to continue to focus on our organisation’s mission and vision and will continue to deliver quality services to our beneficiaries. Our programmes are a great resource and provides vital support. We aim to continue to strengthen our programmes and our delivery. We recognise that the cost of living crisis has presented challenges to our beneficiaries. However, through support from funders and our fundraising strategies we aim to mitigate the issues that our beneficiaries face as a result of the crisis. Our key focus areas for the future of the organisation are as follows;
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To continue to increase our impact and influence in the lives of young women and girls.
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To strengthen our partnerships and collaboration and expand our corporate sponsorships.
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To continue to strengthen our position and presence in the charity sector for women and girls.
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Structure, governance and management
The organisation is a charitable company limited by guarantee. The company was established under a memorandum of association which established the objects and powers of the charitable company and is governed under its articles of association.
Responsibility for the day-to-day operations and the leadership of both the staff and volunteer team is delegated to the Senior Management Team. Ultimate responsibility lies with the board of trustees.
All trustees give their time voluntarily and receive no benefits from the charity. No expenses were claimed by Trustees in this financial year.
Statement of Trustees responsibilities
The trustees are responsible for preparing the Trustees Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company 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 charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period.
In preparing these financial statements, the Trustees are required to:
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Select suitable accounting policies and then apply them consistently
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Observe the methods and principles in the Charities SORP
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Make judgments and estimates that are reasonable
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State whether applicable UK Accounting Standards and statements of recommended practice have been followed, subject
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to any material departures disclosed and explained in the financial statements
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. 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.
The report was approved by trustees on 30/09/2023 and signed on their behalf by:
Patrick Jones
(Chair of Trustees)
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Independent examiners report
To the trustees of
Young Ladies Club
I report to the charity trustees on my examination of the accounts of Young Ladies Club for the year ended 30 September 2023.
Responsibilities and basis of the report
As the charity’s trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145 (5) (b) of the 2011 Act.
Independent examiners statement
I have completed my examination. I can confirm that no matters have come to my attention in connection with the examination giving me cause to believe that:
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Accounting records were not kept in accordance with section 386 of the 2006 Act; or
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The accounts do not accord with those records; or
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The accounts do not comply with the accounting requirements under section 386 of the 2006 Act 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; or
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The accounts have not been prepared in accordance with the Charities SORP (FRS102).
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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 to enable a proper understanding of the accounts to be reached.
Charles Luf (Accountant)
Charles Luf & Co 11 Pearson Street London E2 8JD
30/09/2023
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YOUNG LADIES CLUB Statement of Financial Activities
for the period ended 30 September 2023
| Notes Income and endowments from: 4 Contracts/Grants Other 5 Total Expenditure on: Raising funds 6 Charitable activities 7 Other 8 Total Net gains on investments Net income 9 Transfers between funds Net income before other gains/(losses) Other gains and losses Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Restricted funds 2023 £ 331,268 - |
Total funds 2023 £ 331,268 - |
Total funds 2022 £ 3,209 163,971 |
|---|---|---|---|
| 331,268 - 19,155 222,216 |
331,268 - 19,155 222,216 |
167,180 15,075 63,214 30,503 |
|
| 241,371 - |
241,371 - |
108,792 - |
|
| 89,897 - |
89,897 - |
58,388 - |
|
| 89,897 | 89,897 | 58,388 | |
| 89,897 73,690 |
89,897 73,690 |
58,388 15,302 |
|
| 163,587 | 163,587 | 73,690 |
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YOUNG LADIES CLUB Summary Income and Expenditure Account
for the period ended 30 September
2023
| Income Gross income for the period Expenditure Depreciation and charges for impairment of fixed assets Total expenditure for the period Net income before tax for the period Net income for the period |
2023 £ 331,268 331,268 241,371 - 241,371 89,897 89,897 |
2022 £ 167,180 |
|---|---|---|
| 167,180 | ||
| 103,072 5,720 |
||
| 108,792 | ||
| 58,388 | ||
| 58,388 |
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YOUNG LADIES CLUB Balance Sheet
at 30 September 2023
| Company No. 08233912 Notes 2023 £ Fixed assets Tangible assets 12 128,942 128,942 Current assets Debtors 13 38,304 Cash at bank and in hand 4,115 42,419 Net current assets 42,419 Total assets less current liabilities 171,361 Creditors:Amounts falling due after more than one year 14 (7,774) Net assets excluding pension asset or liability 163,587 Total net assets 163,587 The funds of the charity Restricted funds 15 85,201 Unrestricted funds 15 General funds - Reserves 15 Total funds 85,201 |
2022 £ 31,271 |
|---|---|
| 31,271 38,304 4,115 |
|
| 42,419 | |
| 42,419 73,690 - |
|
| 73,690 | |
| 73,690 | |
| - 73,690 |
|
| 73,690 | |
| 73,690 |
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
For the period ended 30 September 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 30 September 2023
And signed on its behalf by:
P. Jones
Trustee 30 September 2023
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YOUNG LADIES CLUB Statement of Cash flows for the period ended 30 September 2023
| Cash flows from operating activities Net income per Statement of Financial Activities Adjustments for: Depreciation of property, plant and equipment Increase in trade and other receivables Increase/(Decrease) in trade and other payables Net cash provided by operating activities Cash flows from investing activities Payments for property, plant and equipment Net cash used in investing activities Net cash from financing activities Net increase in cash and cash equivalents Cash and cash equivalents at the beginning of the period Cash and cash equivalents at the end of the period Components of cash and cash equivalents Cash and bank balances |
2023 £ 89,897 1,250 - 7,774 98,921 (98,921) (98,921) - - 4,115 4,115 4,115 4,115 |
2022 £ 58,388 6,970 (21,617) (8,130) |
|---|---|---|
| 35,611 (33,954) |
||
| (33,954) | ||
| - | ||
| 1,657 | ||
| 2,458 | ||
| 4,115 | ||
| 4,115 | ||
| 4,115 |
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YOUNG LADIES CLUB Notes to the Accounts
for the period ended 30 September 2023
- 1 Accounting policies
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) and the Companies Act 2006.
Change in basis of accounting or to previous accounts
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
Fund accounting
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Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
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Designated funds
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Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
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Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
Income
-
Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
-
Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA.
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Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
-
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
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Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable.
Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
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YOUNG LADIES CLUB Notes to the Accounts
Expenditure
-
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
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Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
-
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
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Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
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Other expenditure These are support costs not allocated to a particular activity.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Freehold investment property
Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.
Stocks
Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
Trade and other creditors
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
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YOUNG LADIES CLUB Notes to the Accounts
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Foreign currencies
Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period.
Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.
All exchange differences are are taken into account in arriving at net income/expenditure.
Leased assets
Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.
Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
Pension costs
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
Receipt of donated goods, facilities and services
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
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YOUNG LADIES CLUB
Notes to the Accounts
3 Statement of Financial Activities - prior year
| 3 Statement of Financial Activities - prior year |
|||
|---|---|---|---|
Income and endowments from: Donations and legacies Charitable activities Total Expenditure on: Raising funds Charitable activities Other Total Net income Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 4 Income from donations and legacies 5 Other income |
Unrestricted funds 2022 £ 3,209 131,471 134,680 15,075 32,214 30,503 77,792 56,888 56,888 56,888 15,302 72,190 Restricted Funds £ 331,268 331,268 |
Restricted funds 2022 £ - 32,500 32,500 - 31,000 - 31,000 1,500 1,500 1,500 - 1,500 Total 2023 £ 331,268 331,268 Total 2023 £ - - |
Total funds 2022 £ 3,209 163,971 |
| 167,180 15,075 63,214 30,503 |
|||
| 108,792 | |||
| 58,388 | |||
| 58,388 | |||
| 58,388 15,302 |
|||
| 73,690 | |||
| Total 2022 £ 3,209 |
|||
| 3,209 | |||
| Total 2022 £ 163,971 |
|||
| 163,971 |
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YOUNG LADIES CLUB Notes to the Accounts
6 Expenditure on raising funds
| Fundraising trading costs 7 Expenditure on charitable activities Restricted Fund £ Expenditure on charitable activities Organising Empowerment Seminars 19,155 Governance costs 19,155 8 Other expenditure Restricted Fund £ 8,000 Employee costs 184,003 Motor and travel costs 4,650 Premises costs 12,325 Amortisation, depreciation, impairment, profit/loss on disposal of fixed assets - General administrative costs 9,295 Legal and professional costs 3,943 222,216 9 Net income before transfers 2023 This is stated after charging: £ Depreciation of owned fixed assets - 10 Trustee remuneration and expenses 2023 Number Number of trustees paid expenses - |
Total 2023 £ - - Total 2023 £ 19,155 19,155 Total 2023 £ 8,000 184,003 4,650 12,325 - 9,295 3,943 222,216 |
Total 2022 £ 15,075 |
|---|---|---|
| 15,075 | ||
| Total 2022 £ 63,214 |
||
| 63,214 | ||
| Total 2022 £ - - 6,105 10,665 5,720 5,558 2,455 |
||
| 30,503 | ||
| 2022 £ 5,720 2022 Number - |
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YOUNG LADIES CLUB Notes to the Accounts
| 11 Staff costs Salaries and wages No employee received emoluments in excess of £60,000. 12 Tangible fixed assets Cost or revaluation At 1 July 2022 Additions At 30 September 2023 Depreciation and impairment At 1 July 2022 Depreciation charge for the year At 30 September 2023 Net book values At 30 September 2023 At 30 June 2022 13 Debtors Trade debtors Other debtors 14 Creditors: amounts falling due after more than one year Other creditors 15 Movement in funds At 1 July 2022 Restricted funds: Unrestricted funds: General funds 73,690 Total funds 73,690 |
2023 146,228 146,228 £ 28,599 98,921 127,520 8,578 - 8,578 118,942 20,021 2023 £ - 38,304 38,304 2023 £ 7,774 7,774 Incoming resources (including other gains/losses ) £ 331,268 331,268 |
£ 12,500 - 12,500 1,250 1,250 2,500 10,000 11,250 Resources expended £ (241,371) (241,371) |
2022 - |
|---|---|---|---|
| - | |||
| £ 41,099 98,921 |
|||
| 140,020 | |||
| 9,828 1,250 |
|||
| 11,078 | |||
| 128,942 | |||
| 31,271 | |||
| 2022 £ 13,182 25,122 |
|||
| 38,304 | |||
| 2022 £ - |
|||
| - | |||
| At 30 September 2023 £ 163,587 |
|||
| 163,587 |
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YOUNG LADIES CLUB
Notes to the Accounts
16 Analysis of net assets between funds
| Analysis of net assets between funds | |||
|---|---|---|---|
| Fixed assets Net current assets Creditors due in more than one year and provisions Reconciliation of net debt Cash and cash equivalents Net debt |
Restricted Restricted funds funds £ £ 50,556 78,386 42,419 - (7,774) - 85,201 78,386 At 1 July 2022 £ 4,115 4,115 4,115 |
Total £ 128,942 42,419 (7,774) |
|
| 163,587 | |||
| At 30 September 2023 £ |
|||
| 4,115 | 4,115 | ||
| 4,115 4,115 |
4,115 | ||
| 4,115 |
17 Reconciliation of net debt
18 Related party disclosures Controlling party
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YOUNG LADIES CLUB Detailed Statement of Financial Activities
for the period ended 30 September 2023
| Income and endowments from: Contracts/Grants Other Total income and endowments Expenditure on: Costs of other trading activities Total of expenditure on raising funds Charitable activities Organising Empowerment Seminars Total of expenditure on charitable activities Other expenditure Employee costs Salaries/wages Staff recruitment Staff training Staff welfare Motor and travel costs Vehicles - Repairs and maintenance Travel and subsistence Premises costs Rent Light, heat and power |
Restricted funds Total funds 2023 2023 £ £ 331,268 331,268 331,268 331,268 - - - - 331,268 331,268 - - - - - - 19,155 19,155 19,155 19,155 19,155 19,155 8,000 8,000 8,000 8,000 146,228 146,228 9,819 9,819 14,951 14,951 13,005 13,005 184,003 184,003 200 200 4,450 4,450 4,650 4,650 10,825 10,825 1,500 1,500 12,325 12,325 |
Total funds 2022 £ 3,209 |
|---|---|---|
| 3,209 | ||
| 163,971 | ||
| 163,971 | ||
| 167,180 15,075 |
||
| 15,075 | ||
| 15,075 63,214 |
||
| 63,214 | ||
| 63,214 - |
||
| - | ||
| - - - - |
||
| - | ||
| - 6,105 |
||
| 6,105 | ||
| 9,600 1,065 |
||
| 10,665 |
27
YOUNG LADIES CLUB
Detailed Statement of Financial Activities
| General administrative costs, including depreciation and amortisation Depreciation of Equipment expensed Information and publications Postage and couriers Software, IT support and related costs Stationery and printing Subscriptions Sundry expenses Telephone, fax and broadband Legal and professional costs Consultancy fees Other legal and professional costs Total of expenditure of other costs Total expenditure Net gains on investments Net income Net income before other gains/(losses) Other Gains Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
- 3,100 1,550 - 3,995 - - - 650 9,295 3,943 - 3,943 222,216 241,371 - 89,897 89,897 - 89,897 73,690 163,587 |
- 3,100 1,550 - 3,995 - - - 650 9,295 3,943 - 3,943 222,216 241,371 - 89,897 89,897 - 89,897 73,690 163,587 |
5,720 - 1,441 426 1,325 508 447 302 1,109 |
|---|---|---|---|
| 11,278 | |||
| 1,655 800 |
|||
| 2,455 | |||
| 30,503 | |||
| 108,792 - |
|||
| 58,388 | |||
| 58,388 - |
|||
| 58,388 | |||
| 15,302 | |||
| 73,690 |
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