2023-08-31-accounts

Charity Number: 1189862

LEGEND ALLIANCE

31B RUSSELL LANE, N20 0AA

REPORT AND FINANCIAL STATEMENTS For The Year Ended 31 August 2024

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Prepared By:
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LEGEND ALLIANCE

For The Year Ended 31 August 2024

CONTENTS		Page
Information of financial Statements	:	1
Report of the Executive Committee	:	2
Statement of responsibilities of the Committee	:	3
Independent Examiner's Report	:	4
Income and Expenditure Accounts	:	5
Statement of Assets and Liabilities	:	6
Notes to the Accounts	:	7

LEGEND ALLIANCE

INFORMATION OF THE FINANCIAL STATEMENTS

For The Year Ended 31 August 2024

CHAIRMAN Mr Momin Miah ADDRESS 31B RUSSELL LANE LONDON, N20 0AA

BANKER LLOYDS

INDEPENDENT EXAMINER Abu Taher ICPA (Fellow), IFA, MIPA Mahi and co 83-85 Nelson Street London E1 2HN CHARITY NUMBER 1189862

Page 1

LEGEND ALLIANCE

REPORT OF THE BOARD OF Trustees

For The Year Ended 31 August 2024

The Board of Trustees has the pleasure in presenting their report and the Financial Statements reviewed by the independent examiner for the year ended 31 August 2024.

GOVERNING

The organisation is managed by the Board of Trustees according to the organisation constitution. The Trustees are elected every two year to oversee the overall activities and monitor the organisation day-today running.

OBJECTIVE

1. Provide facilities for recreation or other leisure time occupation with the object of improving their conditions of life of persons who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances.

2. Preserve and protect physical and mental health.

3. Advance education and training so as to advance in life and assist with the adaption within a new community.

4. Relieve unemployment by the provision of vocational and skills training, advice and support as the Trustees see fit for the benefit of young people of minority ethnic groups in central London.

The Central London Youth Development was set up in 1996 by a group of young which until 2000 was an informal organisation run by its organisers. In 2000, it had transformed into formal shape with a formal structure and constitution. It is a registered charity and working with the young people from the diverse backgrounds in Central London to increase their aspiration , promote their social behaviour and ensure their effective participation in all aspects of community life.

The Central London Youth Development mission is to create a social framework for the young generation in an acceptable manner and formulate a robust body of young challengers for the constructive resolution on their own situation. The Central London Youth Development provides effective support to achieve excellence by promoting social behaviour of young generations of ethnic minorities, who are in many ways excluded and at risk.

REVIEW AND RESULT

The Trustees present their report and financial statements for the period 1st April 2023 to 31st March 2024.

Central London Youth Development reports a surplus of £0 on the operations for the year under review. The fluctuations in debtors and creditors year on year are purely the result of the timing of receipts and payments around the year end.

THE MANAGEMENT COMMITTEE

The Board of Trustees who serve in the Charity during the year were as follows:

Mr Momin Miah

Chairman

Page 2

LEGEND ALLIANCE

For The Year Ended 31 August 2024

STATEMENTS OF RESPONSIBILITIES OF THE TRUSTEES

Law applicable to charities in England & Wales requires the Committee to prepare financial statements for each financial year that give a true and fair view of the charity's financial activities during the year of its financial position at the end of the year. In preparing those financial statements, the Committee is required to:

(A) Select suitable accounting policies and apply them consistently;

(B) Make judgments and estimates that are reasonable and prudent;

(C) State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements;

(D) Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The Board of Trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

INDEPENDENT EXAMINER

According to the provissions of the Charities Act 1993, the trustees has agreed that an audit is not required for this financial year. However ,due to provision of the same act an independent examiner is required.

The Board of Trustees has appointed Mr Abu Taher of Mahi & Co as an independent examiner for the year ended 31 August 20224.

APPROVAL

This report was approved by the Trustees on ------------------------------and signed on their behalf

Mr Momin Miah Chairman

Date:

Page 3

LEGEND ALLIANCE For The Year Ended 31 August 2024

INDEPENDENT EXAMINER'S REPORT ON THE UNAUDITED FINANCIAL

STATEMENTS TO THE TRUSTEES.

In accordance with the general directions gven by the Charity Commission we have compiled the Financial Statements comprising Income and Expenditure account for the year ended 31 March 2021 and Statement of Assets and Liabilities as on that date.

The trustees consider that an audit is not required for the year under section 43(2) of the charity Act 1993. The Procedures we have undertaken do not provide all the evidevce that would be required in an audit therefore no opinion is given as to whether the accounts present a 'true and fair' view.

MAHI & CO

Certified Practising Accountants 83-85 Nelson Street London E1 2HN

Page 4

LEGEND ALLIANCE

INCOME AND EXPENDITURE ACCOUNT For The Year Ended 31 August 2024

Donations LESS: EXPENDITURE Accountancy fees Depriciation Equipment expensed Food ingredients Insurance Pensions Professional & legal fees Rent & Hiring PPS & Advert Voluntary staff Telephone and Internet Employer NIC Wages and salaries Travel and subsistence Sundry Expenses Excess of Income over Expenditure	Un restricted £ - 0	Restricted Donation 2023 £ £ £ 0 0 0 0 - - - - - - - - - - - - - - 0 - 0 0 0 0	2024 £
			0
	0		0
	0
			0

Page 5

LEGEND ALLIANCE

STATEMENT OF ASSETS AND LIABILITIES

As at 31 March 2021 NOTE 2024 £ Fixed Assets IT Equipment 2 - Current Assets Cash at bank and in hand 0 Debtors 3 0 CREDITORS Amount falling due within one year 4 0 NET CURRENT ASSETS / (LIABILITIES) 0 TOTAL ASSETS LESS CURRENT LIABILITIES 0 FUNDS: Excess of Income over Expenditure 5 0 Total Funds Mr Momin Miah Chairman Dated: …………………………………………..	2023 £ - 0 0 0 0	2023 £ - 0 0 0 0
		0
		0

Page 6

LEGEND ALLIANCE

For The Year Ended 31 August 2024 NOTES TO THE ACCOUNTS

1. ACCOUNTING POLICIES

a. Basis of Accounting

The accounts have been prepared under the historical cost convention of accounting.

b. Grants

Revenue grants are credited to the Income and Expenditure account on a receivable basis.

c. Donations

Donations are recorded on a receipt basis.

d. Depreciation

20% straight line.

2. FIXED ASSETS

2. FIXED ASSETS COST At 1 April 2021 Addition During the year At 31 March 2022 DEPRECIATION At 1 April 2021 Charge for the year At 31 March 2022 NET BOOK VALUE At 1 April 2021 At 31 March 2022 3. DEBTORS HMRC JRS Other debtor 4. CREDITORS Accountancy PAYE NI and Pension Creditors `	IT Equipment Total £ £
	- -
	- -
	-
	- -
	- -
	- -
	2024 2023 £ £ - -
	0 0
	2024 2023 £ £
	0 0

Page 7

5. ADVANCE GRANT RECEIVED

2024 £ - 1.John Lyons Charity - 2.National Lottery Heritage & Others 0

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