MIDHIJRST YoirrH TIIUST CHARITAIILI. INCORPI)RATFD ORCAIYISATION RFPORT OF THE TRUSTII IS AND FINANCIAL STATEMf,NTS FOR TIIF pfRIOD ENDID 31 MARCH 2025 CHARITY RFGISTRATION NIJMBER: 1186472
MIDHURST YOUTH TIIUST INDEI X TO THF RII PORT AND FINANCIAL STATEMEI NTS FOR THE I)ERTOD ENDED 31 MARCH 2025 Page R¢potl ot the Trustees Indepcndcnt Examiner's RLport Statcment ot'Financial Activities Balance SlILet 10-16 Notes to tlie Financiiil StstementS
MIDHURST YOUTH TRUST REPORT OF THE TRUSTEEI S FOR THV PEIIIOD ELNDID 31 MARCH 2025 The Trustees presLnt their aiinual report aiid fin4incial stal'cmcnts for the period endcd 31 March 202.5. The fiiiaiicial slatem¢nts liavL beeii prepai'ed in accordance with the accounting i)()liciLs sel ()iJl iii Note I to the accounts and coinply with thc Trust'.$ g7oveiming document, IhL Charities Act 201 l an(1 AcLountiiig dmd Rep()riing by C',harilies'. Statemcnt of Reeommendcd PretiCe applicable to chariliLS preparing their accounts in accord¢iiice wilh the financial Reporting, Slandai'd applical?le in Ilic IJK and Rcpublic of Ireland (E-,RS 102) (cFfecttve l .laiiu(uy 2015). REFERF,NCE AND ADMINISTRAI'IVE INFORMATIOIY Charity namc: Midhurst Youth Trust Charity registration number: 1186472 Rcgistered Office and operational Rddross: Whiphill Stables Yoiith & Community Cent, Wliiphill Slables, l.ambcrts Lane, Midhurst. West Sussex, GU29 9FA Trustee.s: Mr C, Hughes (Chairman) Mrs A Murphy Mr M Purves M.8 C I,inlott Ms l-l F,Vcins MS N J.etley Delegated managcment: Mrs A Murpliy Ind¢pcndent Examiner: Mr A Mardlc fcA
MIDHURST YOiYTH TRUST REPORT OF THE TRUSTEfiS FOR THE PERIOD ENDED 31 MARCH 202$ (CONTINUED) STRurfuRI, GOVERNANCE AND MANAGEMF.NT Governing Doemmenl Midl)urst Youth Trust is a charitable incorporated organisation (CIO). It was rLgistered us a Lliarity ()n 20 Noveinber 2019. The Trust is governed by a charitable Irust deed dated 20 Noveinber 2019. Tru.slees and OrgonisoÉivnnl Structure New TrLl8tees are <1ppoinlLd with the full aL7reemenl ot the board to u%e Iheii. skills Iqiid experiLncL d5 direLled. New Truslecs are directed i() the Charity C,oininission wcbsitc and speLiliLally lo Ihc iiilr()ductory giuide 'Charity Ti'ustee.. what's inviilved" (CC3a) and the delttileLI g7uidaneL 'The essential Tnjslee.. what you nLed to know, what you need to do" (CC3}. Small day to day expenditurc Is iipproved by the Chairman. In the evvnt ot more substantial Iransactions, thL Chairinan will Lominunicate with all Trustees by eithLr L-lnail or telLpliiiiie <ind a nieeting ot.all I'rustees will bL hbld if deemed necessary. All .1 rustees give oftheir time Ireely and no remun¢ration or exp¢n5es were paid t() the1 diiriii&T the year. Nu 1'rustee, or persnn connectLd with a Trustee. rcccived any bcnctit from the Trust. Risk Managemenl 'I"he -frustees have idenlitied and conducted a review of thc major risks to which the Trust 18 exp()sed and 5ySteins and pr()Lcdures have becn established lo manage and mitigale those riskg. It is reLognised that Il)ese %ysteins and prc)¢Ldures can only provide reasonable but not absolute assurance that inajnr i'isks ¢iYL bLing adequalely Inanabyed.
MIDIIURST YOUTH TRIJST REPORT or THE TIIUSTII FS FOR THE PERIOD fi,f4DID 31 MARCH 2025 (CONTINUED) OB.IECTIVES AND ACTivrriii S The TrustLes are Inindfiil of, aiid have givcii careful consideration lo, the Cl)arity Coinmi8sion's general guidanc¢ on public bencfit. The aims and objectives of thL Trust are ti) a5SlSt in and toster tlie social, mor¢il, educalional and physical well-bein&r of the members. Tlie Trust .seeks to promote soci(Il well-being, eiiricliment, challenges, infi)rmciti()n aiid <1 81)Lliil education I'hrouLJh association without distiiicli()n ol sex, scxual ()ricntation, dgyL, disclbilily. ra¢L or Ill. poIAtical, religious or otlier opinions I'or younL' people in tlie Midhurst and Petwortli arccl by.. Providingy activities and social iiitcraction ainoiigst young people dnd tlic Li)IT]miinily iii wliiLIi Ihey live. Eiicouraging people to join in wilh thcir local community and devel()p gFood social nelwork8 as well as offerinL' peei. biipporl. 01-fering opportlliiitie.s for enriclimenl olthe lives of young people by crcatingj opporlui)ilie.4, challengyL.s and iiiCormÉilion to enablc them lo fulfil thc potential that they hcive t()r a lull and meaniiigful life. Providin&J a place where young pci)ple can meLI regularly in a ¢leaii, friendly aiid .satL' cnvir()iiincnt. Supportii)g, empowering and cnabling individual8 to acces.s service% and by eiiL()ura&Fiiig participation in their local Lommuiiity lo mutual benefit. KEY PFRFORMANCE INDICATORS Thc Trust Tnonitors its ])ertoi'mdnce by tlic nuinber of members using the tacilities iii tlie yLar a( Ih Youth Cei)tre, IhL iiumbLI' of P<2rtlClPclnls in tlie Duke i)f Fdinburgh Award ScheinLS and Iiumber ()t weekends the catmp .site 18 hired out to rclcvanl groups. A% notcd bclow Ihe 'l'rusi feels Ihat il lias Lontiiiiied lo move towards maximising those indicalors and will sli'ive lo ¢ncourdg¢ motL beneficiaries in ilic tuture. Volunteers This report provides an opportunity to thank all the Tru.%lccs involved in the 'l'ru,%t tor Iheir able assislai)e¢ and continucd work, iii tlieir position as volunlccrs in tlie local coiiimunity.
MIDIIURST YOUTH TRUST
Rf.POllT OF THE TRUSTV,FS FOR THE PFRIOD ENDED 31 MARCH 2025
(CONTINULD)
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MIDHUIISI" YOUTH TRUST REPORT OF THf TRUSTfi,ES FOR Tiif PERIOD ENDED 31 MARCH 2025 (CONTINUED) UAXlI.312(J2.5.. WLJ MJ()IA/d lik¢, l(1 L'xiiri'..i',I i)ur hLcir!lili ihiinLI' If?.y(iii./()r wc'.Iciiniii7AT 14,%. (.Inclpk'ciiJj(Jin,I' IhL' wiJndcrfiil.%pacL' ul ,Sic,.dhuni (.ami3.1'ili'.f(?i' i)ur childr('i? .%' Ldini?. lli¢' ('.UTllP,%il(.' c'rc'iil('11117(.' 17<'1-li.'I'l Jnipir¢J17rnc'nl ./i)i' IL'IJi'F71F7A', l?liiJijn,{'. hiiililink, ./ri(Jn(l.Ihip.s. ihc c'l?jlÉ/rLJlI 11? Ill <.'cirrJJ ihiJ.iL' iiphi(.'h oiiidL' Ihi,i L'(Inii? i)cJ.%.%'il)Ic.. 'IIci'L hcl(I Ii) l?C IL lol ()I' (i'cc work diiiiL on silc L(?.%liiigF a t()lal ol. £g,011111()I Iiiwingi <1 IrcL in.s1)Lc.l ii)n rLP()ri, to LII%IIIL' IhL %iilcly ()I' ¢illlll)Lrs. %¢vLI'cil Irccs IiLI(I ti) bL lalcLlI l)uI II'LL.S iii lol<il WLI'L cillLLled. WL iii)w liclVL Éi l()I i)l-wi)od l A Siiiii (11'£2,501) w; WcilLr liak li'()IM th¢ ImaiiTr% W¢ilcr IiipL. Wc IidvL bcL'n iii pos%Ls8ii)n ol. Ihc silL foi. l O yc?I r%. TrLA¥urer'.% rci)i)rt WL ii()w h IVL SLVCI'<il cifLIlS ill IILLII i)I' rLpair and miiiiilenclllLL. When WL I?aVL rcLeivLIl IliL IIC¢C%%illy qui)tL% WL wil I dltoiiipl 11) fiiid I'iindiiig t() Ucil'ry 01.11 IhL work. Our niajor L YIILiidiliirc yLlc I. on yLtir arc IIIL W'llILS {)(- thL yoiiili St111. cll)pi'oximcilLly £40,0110 a YL. -I'lie AuL()IITils .%lii)W il SLllI)lii% lil- £ll,11011 i)n IIiL yC¢ll'. l-1i)wLvci', this IILFLII'U doL.% inLludL £2X,111111 lil, di)Iiati<)ns. 'I'hc tradi17&T figTrui'L% bhow thLrLli)r¢ <1 IILlicit i)1- £211,OQll. The yedl. has bLen busy wilh Lyood use 0£. all Ihe tacilities tliat we offer lo our young PLople and community. Tl)e CillT]P SitL LontiiiuL.s to provide a goiid strong revciiue for tlic club although mLicII of tlie cost ot ruiiningJ it is doiie oli a v()luntary basis. R¢veiiue raised trom adini8.%ion lo tlic clul? ()n a nighily basis 18 small The club will <Trlways rily on additional incoinL to suppoi't its activilic.s and overall running eostS. NLveriheless WL ¢irc one ol. the lew youth club.% still providing a service for young, people in the are<l and will ci)ntinue ti) do so iii tlic foresecable luturc. Financial performance Toial inLoinc is £93,057 (2024 £54,961). Fxpenditure 1.8 £84.Ci26 (2024 - £83.10 i ). -ri)is g7ives a surplus of £8,431 {2024 - deficit £28.340). 'I'hc net assels (Jt the Trust are £437,053 {2024- £428,662).
MIDHURST YOIITH TRUST RIIPORT OF THE TRUSTEES FOR THE PERIOD LNDIID 31 MARCH 2025 (CONTINufi,D) Reserves Policy It is tlie policy of tli¢ I'rusl that uiiresti'icted liinds which have not bcen desigTnated for a %PCLifiL iise shoiild be maintained al a Icvel equivalent to 18 nionths, uxpenditurc. Thc TrustLLS C()11.sidcr thdt reserves at iliis level will ensurL' tliat, in the event of a signilicani drop in fundinL. thLy will be able lo contiiiue the Triist's Lurrent aLtivities while constderatioi) is given Ii) W<qy8 in which additional runds m<iy bc raised. 'I'his Icvel of resLrves lid% beeii Inaintained throughout the ycdr. ThL TruslLcs coiitinue lo reviLw, on an on&JoingF basis, the Reserve,s Policy and tlie level of I'eseives lielcl 50 as to ensurL that those reserves al'e adequate to fiillil thL Company's obligatiiins. and lo ensure its linanciic l .stclbilily. PUBLIC BF.NEFIT s'fATEMf,NT The I"rusleLs are satistied ihat they have eomplied witli the duty in section 17 ol- the ChariliL5 Act 2011 to have reg¢ird to Ilie public benLfit guidanee issucd by tlie Ch¢Wity C(Iinmission. INDFPENDFNT F.XAMINER Mr A Mardle fcA has indic(Ited hi% willinL¥nes'g to be reappointed as Independent Examiiicr. Api?roved by the 'frustces on l December 2025 and signed on ils behalt by.. Mi. C l-lughes 'I"rustee
MIDHURST YOUTH TRIJST INDI* pfi NDl< NT F.XAMINF.R',S RII PORT T() THE 'fRUSTFES OF MIDHIJRST Y()UTH rcport to Il)e Trustees on Illy exainiiiatioii of ili¢ decounls of the Cl)Ic rily for tlie year ended 31 MarL11 2025 whiLI) al'e set out on pages 8 10 16. Respeclive re.si)Iiii,sihililie.i rfpf Tru.slee.% and exanftiuer As ihc charity'% trusteesy yoii are resi)onsiblc lor Ilie prcparatioii of the accounts in accordance willi the requircments of tlie Charilics Act 2011 ("the Act"). I rL'poit in respecl of. my examiiiatioii of th¢ Trusl's accounls carried oul undei. 81clioi) 145 ()[- Ilie 201 l Act (uid in cai'iying CILII iny examit)(Itioii, I liave folli)w¢d all thc appliuablL L)irections LIIVLn by Ihe Chai'ity Commission undcr sccti()11 145(5)(b} ot'thc Act. ijf independeRI Éxffminer'.I repiirl I have Loinplcted IT)y examination. J confimi (hal no matcrial Inatters havc coine to my allention in conneclion willi Ihc examinalinn which gJives me cause to bclieve tl)at ill, dny matericil rLSPLCt'. the c1ccountinLF records were not kLpt in acc()rdance witli scction 130 0l'-Ihe Chdrilies Acl. or Ihe aceouiit5 did not accoi'd with the acL()iintillLT r¢cord%; or the accouii15 did nol comply wilh Ihe ai)pli¢ablc rLquirern¢nts coiicerr)ing the form and content ot accounts set out iii Ilie Charities (Accounts and IleporLs} Regulations 2008 otliLr tlian any reqLiireiiieiit Ih<?i ihe accouiils gTive a 'true and tair, view which is r)ot a maller ci)Iisiderccl il parl ot an in(IcpLndcnt uxajniiiation. J have no Loncerns and liave comL across i)i) othcr matters iii connection witli IhL exAikninatic)11 to wIIiLh altentii)i) should bc drawii iii tliis report in ordLI' to enable a propcr iindersliiiidiiigi ol. IIIL acciiuiil,8 lo be rcaLI)ed. I'his rcport is mad¢ solely to tlie Cliarity's truslees, as a body. li) accordaijec with Part 4 nt ihc Cliarities (AcLounls and IILports) RL&Tulalions 20118. My work ha4 been iiiidcrtakeii s() Ilial I mig)hi state to the C.liai'ily's trustecs tho.%c matters l ain required to slate to thLm iii an Indei?Liidcnl I"-'xdmincr's rLPOrt 1( nd loi. ni) olhci. purpo.se. To Ilie tullest extenl pei'mitlLd by l<lW. I do nol aLcepl or assume iysponsibility lo anyone i)ilicr than ihe Charity (d the Chai-ily's trustees, i18 a b()dy, t()r n)y work for this report. A Mai'dle fcA Cli<irlerod Accouiitant CTI'¢Ln.s C.oiirt. Wcst Sti'eet Midliurst, West Slissex, GlJ21) 9NQ t)ated.. V'.¥ , I t. Ir
MIDHURST YOUTH TRUST STATEMEI IYT OF FINANCIAL ACTIVITIF,S FOR THF. YFAR FNDED 31 MARCH 202$ Notes Uni'e5trict¢d Re.$tri£tcd Fiinds FuiJ(15 31 Mai'ch 31 MAI'¢h 31 March 2Q2.S 2025 2025 Total Tot#1 31 Miii'oh 2024 InLoinL from.. Donatii)ns, gi'ants & IcgJacies CharilablL aLlivities OthLI' incoine 1.3&2 28,000 53,797 11.260 93,057 28,000 51,7L)7 11,260 -3,000 41,89C) 111,065 541)61 Expenditurc oii.. Cli<iritqL ble activiliL8 Othei. expenditiire 1.4&3 80,756 2,805 83,561 1,065 81.821 2,1505 84,626 79.487 I,OC)5 8.3,-301 NLt movement in tunds 9,496 (1,065) 8,431 (28,340) rund balanc¢s at l Api'il 2024 127,557 301,1165 428.622 456,962 und bic Ic1nces at 31 March 2025 137,053 1011,000 437,053 428,622 Tlie st<2tement of finaiieial (Ictivities inLlude.8 all gains and losses i'ecognisLd in Ihe yC41r. All incoine and expeiiditui'c derive from conlinllingy activities. 'I'hc iiotes on p(Iges l O to 16 form part of these fiiidllcidl slalements
MIDHURST YOUTH TRU.ST BALANCF. SHfi FT AI. 3] MARCH 2025 31 Mareh 202.5 31 March 21124 rilXID ASSFT 342,348 34(),7()1 CURRENT ASSII TS Dcbtor.% ca.sh (It bank and in hand 122,075 122,075 107,716 110,14CI CRF.DITORS: Amounts talliiiL, duL within one year 28,315 NET CIJRRF.N'f Assfi,TS 94,705 81,831 TOTAL ASSFTS LF,S CURRF,NT LIAIIII,ITIF,S 437,053 456,962 CREDITORS: Amolliits f£illing due after ()n¢ yuar NFT ASSETS 437,053 428,()22 RCI fRLI SF,NTFD BY: UnreslriclLd funds.. General fund Restricted tuiids 1.17,053 300,000 437,(Tr53 10 127,5.57 301,065 428.(?22 Thc accounts were appr()ved and aulliorised for issue by the I"rustee8 on l D¢cembcr 2025 and signcd on its bchalt by.. C T4ug,hes TTUStee The i)oles on pages l O to I C) fnrm parl of these financial 8lalemLnts
MIDHURST YOUTH TRUST NOTE,S TO THI FINANCIAL STATII MENTS OR THI YEAR II NDED 31 MARCH 202$ ACCOUNTING POLICIE4) Basis of Preparation The accouiils (tinancial sl¢itLments) have bLei) prepared in ciccordancL wilh ihe ()verning document. Tlie fiii<incial stalc'ments havL been prLpareil in accoi'diinLe wilh tl)c Stcltement of Rccommcndcd Practic¢.' Accounlin&J and Ilcportinu by Ch(Ii'ilie.% preparin&, Ilieir a¢¢Dunts in aLcordance with tlie Financial Rep()i'liiig Siandai'd appliLcible ii) tlie UK and Republic ot. Jreland (FRS 102) (ELS aiJended for accounting peri()ds coinmencing trom l January 2019) and ihc Chai'ilies Act 2011. 'rhe 'frust is a Public Benetit Entity as defined by FRS 2. The fin£mcial stateinents Lire preparLd on a oi1)g concern basi5 Lindei. Ihe historical cu%1 Lonventi()n. 'I'he principal aLcoui)ling policiLS adopted al'e set ()ut bclow. The Trustecs consider Ihal thLre are no matei'ial uncci'tainties about the Trusl'8 ability lo continue as a goiiigr concern. Goin% eonccrn At Ihe time ()f approving thc accouiil,s, the Trustees have a recqsoiiablL expeclation thal tlie Trust has adeqiiclle resources to conliiiue in oper¢ltll)11<71 exi.slciiLe tor tlie fore8e¢able future. Imus the Tru.%tees continue to adopl thc gvoiiig coneern basiq of accouiilin&7 in preparing the fLnftnLLMI stateinents. Funds The I ruslLLS review incomingy re%aiirces to dLtLrmine whetliei. any tuiids should be trealed as resti'icted. Resti'icted tund% (ire subject to 5pecitlC Londilii)118 by don()r5 as to how they inciy bc used. The Plirposes aiid uses ol. Ili¢ rLslriLted lunds arc set out in IIIL notes lo IIIL <iccounts.
MIDHURS'f YOUTH TRUST NOTES TO TFII FINANCIAL SI'ATF,MLNTS FOR THL. YLAR E]YDf.D 31 MARCH 202.$ (CONTINufi,D) ACCOUNTIING POLICIES (CONTINUII D) Income recognition Income is acoounlcd for on an accn]als basis, when Ilic Trust is legFally ciititled l() it atler any pcrformaiicc conclitl0ll.s havL been met, the aloUn1 Lan bL ITiC<isurcd reliably, and it is probablL that the incoinc will be received. FJxpenditure rtcognition F.XPLI)dilurc is acc()unlcd for oli ali accruals l?asis and is rec()&yiij,4cd where tlicrc is obligycilion lo InakL P(iyinents to Ihii'd parties. Irrecovei'ablc V AJ. is reporlcd as i)ai't of tlie CXPLI)diluLe lo whicli il rel(Itcs. The mai)dgemciit aiid acliviliL8 of the Trust are carried ()ui by voliinteers. "I'liis iiicoime and cost 18 nol includcd in ihc tinancial slalLments as thi% voluntary coiitributi()ii lo tIIL woi'k ol. Ihc 'fru%t is iiicalculablc. Tangible fixed assets TangTible Iixed as.set8 are initially incasurcd at CO8l and subscquently measured at c()%1, net ol. depi'LLialinn and aiiy impairment los.scs. Depreciatii)n is i'eLogyiTrised so as ta write off tIIL cost or Viiluation of assets, Icss theii. estimatid rLsidual vdlucs, over Iheir uscful lives on tlIL following hcl%US'. Laiid & buildings Planl & Inacl)iiicry Fixlure.s & equipmciit 4 ()n slraigylil linL (building% only) 25 /n ()n reducingy balllncL 25 /0 on rLduLiiig balai)cc 'I"hL g7(iin or loss ari%inbF ()n ilie disposal of asset 15 dctcnnincd 1£ 8 th¢ di1lcrL'nLc bclwccn 11)c sal¢ pi'()LLcd% and tlie cai'ryingy valiic ol"Ihe asset, and is rcLogiiised iii iiLI income/(CXPLiidilurL) toi. thL yc(U'. CriticAI gLLOUDting cstimales and judLyements In the appliLalion of the Trusl's acLnunting policies, the Trustces are rcquired lo In<ikc .judg7ements. estim(Itcs and assumptions ab()ut the carryingi aiii()unt o(. assuts. aiid liabilities Ihat are iiot rcadily appai'ciit fr()IM othei. soui'ces. J'he eslin)alc.% and as,socitit¢d assumptioi)s ar¢ bclsed on historical LxpcricnLL and Iithcr l<lCtors tliat arc considLred to bc relevc1nt. Aclual resulls may dil'tci. Ironi tlicsc Lstim(Iles. Thc 'l-ru.stees considei. that Iliere are no critical e81imates or.judgcments.
MIDHURST You'fH TRUST NOTEI s'ro Tiif, FINANCIAL STATEMfi,NTS F()R THfi YEAR II Nl)ID 31 MARCH 2025 (CONTINUFD) INCOME Unrestricted Restrietod Fitiid Viinds 31 M4r¢li 31 March 31 Mai'eh 2025 2025 Total 31 Mairli 21124 Inci)iiie Iroin: Doiiatioiis & IcgJacies'. Dc)niltioiis, grants & bJifts l.ocal aulhorily bJi'aiits Grants ti'()m othLr cliaritable bodies 3,000 25,000 28,000 3,000 25,000 28,000 3,01111 3,000 c.haritable aLlivitie%'. Youth Club Oiilsidc aLlivitiLs & ti'ips Stcdham camp5itL 2,082 7,8117 43,828 53,797 2,082 7,887 43,828 53,797 2,45CI 7,261 32,179 41,896 OiliLI- inLoine'. RLntcil iiicoiiie 11,260 11,260 11,260 11,260 10,065 10,065 I'olal inL()IIIC 93,057 54,961 Description of charitable aetivities: Yi)uth Cliib.. Tlie Youth Cliib is open in the eveningys for school yL1c I's 7 to 9. Typi¢(tl activilic% inLILidL tootball, table tennis & poi)l. ()ulside cletivitics & Iriiis.. l.his iiiLliides LxtCl'll<il trips to tlieme pks, ice rinks aiid trampoline parks. It also includes the Duke ol. Ediiibiirgih awaTd whiLh iiicorporates wall(ingF and cainping expLditioiis. SIL'dham eampqitc.. I"lie Inpsilc is hirLd out to yi)uth and v()mmunity gJroups only. Thest gyroiips enjoy sole u%c ol-the sitL, allowing, yoiing people the treudom to Llljoy the si)aLe L1nd iialural %iirroLindingps. Ilestrietvd funds: These repi'eseni don1( tioi)s and g)fLnls that havL been reLcived tor a %pLcitic purpose, as dLtined by the doiioi.. Tr urlhLr infoi'mation about the restricted tund8 is shown in note l O. 12
MIDHURST YOUTH TRU,ST NOTF..S T() THE FINANCIAL ,STATfMf.NTS FOR THE YFAR ENDED 31 MARC'H 202.5 (CONTJNUF,D) EXPII Nl)ITURE Vnre8lrTcteil Rutricted Flind¥ 31 MRI'ch Total Ttstal Fiinds 31 Marcli 2024 31 M#rch 31 MAreh 2tl2. cli<Itable aetivitics.. Youth C,lub'. ,Sialf co%t5 DeprLeiatioii Reli'cbhmLnts 'I'elcphonc PoslaLJe & statioiiery Suiidry Ilcpairs & cleaning l-leal, liglit & power RalLs Insurance %mall itLmS nf equipment .39,495 39,49.5 40,3CI(} 4.4()2 698 6.35 482 912 760 3,492 662 725 572 421 482 1)12 1,825 3,492 662 725 1,065 8.19 2,944 627 674 47.861 48,926 Oul,%ide a¢tivilie.s & ti'ips.. Slaft"costs Y()uth Ininibus 'rrips & activity costs 1.11.57 , )119 6,704 9,C)7n 1,478 8,608 10,118C) 1.478 8,1)OX 10,086 Stcdham caiMpsitc.' Dcprcciation Sundry RLPIC irs & Lleanin 4,443 1,419 5,1)63 1,419 5,963 34 781 4.1118 Iiisiirance (Frounds Inainlenanec Heal, lib,ht & p()wer 781 750 2,857 2,C)4C) 2,71)0 22,1109 22,809 Total charitalile Él¢tivilie.s 80,756 1,065 81,821 79,4117 Olher CXPLndilure'. Indeiiendeiil LXiLmination J_cgal & pi'olcs%ional 1,2Cin 1,260 1,545 1.200 2,614 -3,814 2,805 Total cxpenditure 83,561
MIDIIIJRST YOUTH TRUST NOTfi,S TO TIIF. FIYANCIAL ST ATf.Mfi NTS OII'I'HL YLAIi ENDED 31 MAIICII 2025 (coN'fiNUED} TAXATION The T'rust. being? a registered charity, is exeinpl from tax on inLome and gains fic Iling within Scction 505 of Ihc Taxes Aci 1988 or s256 ot the .1 axation ot Char&Feable Gains Act 1992 1() th¢ exl¢nt Ihal these are dppliLd lo its Charitable objects. No tax Lliai'gcs liave arisei) in tlie '[.$1. EMPLOYEES AND DIRCI cfoRS None of tlie Trustees received any rernuneration or bLiiefils for their role as I"ru%lee8 durinb, either year. Some ol. the 'l'rustees were i'eimburscd cxpcnses thal tlicy had paid on bLhall'- ()l- the "I. i'ii4t. One of the'l rustees is employed by the"I'rust in an oÉlicial capacity as thL centre administralor. The cenlre administrator 15 paid on arms-leng,th tei'ms at coiiimeTLial rates t.or this work. 'T'he average numbei. ot. employees during the year was 6 (2024 - 6}. FIXED ASSETS Land & buildin&T8 l)lant & In¢lLIIiiici'y Fixture5 cquipmciit Tolal Al l April 2024 Additioii% Disp05a15 At 31 M<irch 2025 364,561 3.770 17,983 386,314 364,561 3,770 17,983 38C),314 DLpreciation'. At l Ai)ril 2024 Chai'g)e Icir thL yec1r Disposals At 31 MarLh 2025 17,772 4,443 3.768 17,9%3 4,443 22,215 3,768 17,()83 43,9C)6 NLt book valLIe'. Al 31 MarLlI 2025 342,346 342,348 Ai 31 March 2024 346,789 346,791 l.and & buildingFs includes tlie carryiiig value of the frcehold of Stedliam Cainpsite £253.475 (21124 - £253,475) 14
MIDHURST YOUTH TRIJST NOTfi S TO 'fHF, FINANCIAL STATF.Mf4 NTS Foll 'fHf, YF,AR ENDF.D 31 MARCH 202.5 (CONTINUED) DFIITORS 31 March 31 MarLh 2024 Other d¢bti)rs & Prepayments 2,430 CRF,DITORS: AMOUNT£> fiALLING Diif. WITHIN ONI," Y[1 AR 31 March 31 March 2024 OthLr creditors Dcfcrred incoiiie Accrucd ex1)Se8 19,405 6,705 1,260 20,1185 7,030 1,200 Gf.Nf.RAL FUND: MOVEMENTS IN THF. YEAR 3] March 31 Mai'ch 2024 Balancc at l April 2024 Ncl incoiiiing, (oulL7oing) res()urLes I ransfLrs betweLn funds Bdlance at 31 Mai'Lh 2025 127,557 9,49CI 15S.897 (2X,340) 137 ()53 127 5.57
MIDHURST YOUTH TIIUST NOTES TO THF. FINANCIAL STATII MENTS FOR TIIE YEAR NDED 31 MARCH 2025 (CONTINUED) iu. RESTRICTED FUNDS: Movfi MENT IN THE YEAR At l Api'il 2024 Iii¢oiMe F.xi)cndittire At 31 March StLdlicim canip.%ite Arlilicial grass 300,000 1,065 301,065 300,000 1,06.5 1,065 -ioo,000 Stedhani campsili i'eprescnts the acqiiisili()n cost of the IreLhold on Stedhcim c(Imp%'ite. "rhe Trlisl had I'eccived a gi'clllt toward5 tlie cost of i11stallinLT ali cirea ()t- artilicidl gJrL88. This now beLn iisud towards a new carp¢t in tl)L inain i'()om lo impi'ove IhL youth club. 11. POST_BALANCE 8HF,Fl' II VFNTS Tl)cre liavL beeii iio post-b<qlanLe sheet events. 16