OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-03-31-accounts

Charity Number: 1190175

MARKET WEIGHTON YOUTH ACTION GROUP

(Charitable Incorporated Organisation)

FINANCIAL STATEMENTS

Period ended:

31 March 2025

Market Weighton Youth Action Group Charity Number: 1190175 Trustee Annual Report For the period ending 31[st] March 2025

Contents to the Financial Statements

For the period ended 31 March 2025 Page Trustee Annual Report 3 - 5 Receipts and Payments Account 6 - 7 Statement of Assets and Liabilities 8 Notes to Financial Statements 9 - 14

2

Market Weighton Youth Action Group Trustee Annual Report

Charity Number: 1190175 For the period ending 31[st] March 2025

The Trustees present their report with the independently examined financial statements of Market Weighton Youth Action Group, a Charitable Incorporated Organisation (CIO), for the period 1[st] April 2024 to 31 March 2025.

Reference and Administrative Details of the Charity, its Trustees and Advisers.

Name of charity: Market Weighton Youth Action Group (MWYAG)

Charity Registration Number: 1190175

Contact Address: 76 The Acorns Market Place Market Weighton York

YO43 3AW

Trustees

Names of trustees who served during the period were as follows:

Alison Van Der Kroon Chair Ellen Van Der Kroon Secretary & Administration John Marshall Account & Safeguarding

Bankers:

Natwest 3 Westborough

Scarborough

YO11 1UH

3

Market Weighton Youth Action Group Trustee Annual Report

Charity Number: 1190175 For the period ending 31[st] March 2025

Structure, Governance and Management

Governing Document

Market Weighton Youth Action Group is a Charitable Incorporated Organisation (CIO) governed by its constitution (Association model), registered with the Charity Commission on 30 June 2020.

Recruitment and Appointment of Trustees

The Constitution outlines the procedure for the appointment of Trustees. There must be a minimum of 3 trustees and a maximum of 11.

At each AGM, one third of the Charity Trustees shall resign from office but may be reappointed. A Charity Trustee who has served for three consecutive terms may not be reappointed for a fourth consecutive term but may be reappointed after an interval of at least one year.

Trustee Induction and Training

All Trustees are provided with a copy of the Constitution, a briefing on the roles and responsibilities of Charity Trustees and a copy of the CIO’s latest Trustees Annual Report and financial statements.

Organisational Structure:

The charity is managed by the Board of Trustees and is responsible for all strategic decisions. Trustees are made aware that any conflicts of interest must be declared and minuted.

Risk Management

The major risks to which the charity is exposed, as identified by the Trustees, are regularly reviewed and systems have been established to mitigate those risks.

Objectives and Activities

The purpose of the charity as set out in the constitution is:

To advance in life and relieve needs of young people in Market Weighton and the surrounding area through:

The Trustees have given regard to the Charity Commission guidance on public benefit.

4

Market Weighton Youth Action Group Trustee Annual Report

Charity Number: 1190175 For the period ending 31[st] March 2025

Achievement and Performance

Review of Activities 2024 to 2025

Last year we were successful gaining additional funding for a Youth Outreach Project in Market Weighton. The Youth Outreach Project started in January 2021, and has continued throughout this year. We have also spent funds in making the building attractive and safe for the Youth of Market Weighton.

Financial Review

Reserves Policy

Reserves are held in our secondary bank account. To date we are currently holding £7040.50.

Principal Funding Sources

Our principal funding sources for the current period came from donations, subs, tuck shop sales, donations and with a grant from East Riding of Yorkshire Council.

By order of the Board,

Alison Van Der Kroon

Chair

Date:

5

Market Weighton Youth Action Group Trustee Annual Report

Charity Number: 1190175

For the period ending 31[st] March 2025

Receipts and Payments Account For the period ended 31 March 2025
2025 2025 2025 2024
2024
2024
Notes Unrestricted Restricted Total Unrestricted Restricted Total
RECEIPTS
Grants 1 £0 £1,352 £1,352 £0 £8,252 £8,252
Donations 2 £6,374 £0 £6,374 £3,476
£0
£3,476
Tuck Shop 3 £2,246 £0 £2,246 £1,954
£0
£1,954
Subs 4 £1,323 £0 £1,323 £792
£0
£792
Events 5 £0 £0 £0 £189
£0
£189
Bank Interest 5b £0 £99 £99 £0 £59 £59
£9,943 £1,451 £11,394 £6,411
£8,311
£14,722
PAYMENTS
Wages 6 £0 £0 £0 £0 £0 £0
Equipment Purchase 7 £266 £0 £266 £0 £634 £634
Advertising & Marketing 8 £0 £0 £0 £899
£0
£899
DBS (Inc Safeguarding) 9 £63 £0 £63 £0 £0 £0

6

Market Weighton Youth Action Group Trustee Annual Report

Charity Number: 1190175

For the period ending 31[st] March 2025

Receipts and Payments Account Cont. Receipts and Payments Account Cont. For the period ended For the period ended 31 March 2025
2025 2025 2025 2024 2024 2024
Notes Unrestricted Restricted Total Unrestricted Restricted Total
Operational Costs 10 £3,991 £0 £3,991 £0 £4,535 £4,535
Professional Fees 11 £2,290 £0 £2,290 £0 £0 £0
Tuck Shop 12 £1,655 £0 £1,655 £1,943 £0 £1,943
Accommodation & Transport 13 £1,459 £0 £1,459 £0 £1,019 £1,019
£9,724 £0 £9,724 £2,842 £6,188 £9,030
NET Surplus/(deficit) £219 £1,451 £1,670 £3,569 £2,123 £5,692
Cash & Bank Balances brought Forward £14,621 £16,916 £31,537 £8,445 £15,738 £26,068
Transfers £1,817 (£1,817) £0 £0 £0 £0
Cash at Bank Carried Forward £16,657 £16,550 £33,207 £14,621 £16916 £31,537

The notes on pages 12 to 17 form part of these financial statements.

7

Market Weighton Youth Action Group Charity Number: 1190175 Trustee Annual Report For the period ending 31[st] March 2025

Statement of Assets and Liabilities

As at 31 March 2025

Monetary Assets Notes 2025 2024
Current Account 14 £16,657 £14,621
Second Account 15 £9,410 £9,875
Reserves Account 15b £7,140 £7,041
Petty Cash 16 £80 £80
Total Monetary Assets £33,287 £31,617
Comprising:
Unrestricted Funds 17 £16,737 £14,701
Restricted Funds 18 £16,550 £16,916
Non-Monetary Assets £31,287 £31,617
Fixed Assets for the Charity Use
TV & Stand 19 £2,892 £2,892
PlayStation 4 20 £0 £0
Pool Table & Table Tennis Table 21 £0 £0
Branded Gazebo 21b £899 £899
SONOS Play Bar 21c £200 £200
SONOS Play Speakers 21d £170 £170
Total Non-Monetary Assets £4,161 £4,161
Debtors 22 £0 £51
Creditors 23 £0 £0

These financial statements were approved by the committee on the 09/09/2025 and signed on its behalf by:

___________ Alison Van Der Kroon, Chair

___________ John Marshall, Treasurer

8

Market Weighton Youth Action Group Trustee Annual Report

Charity Number: 1190175 For the period ending 31[st] March 2025

Notes to the Financial Statements

Basis of Preparation

These accounts have been prepared on a receipts and payments (R&P) basis in line with Charity Commission guidance for a charity of this size.

Market Weighton Youth Action Group is a Charitable Incorporated Organisation (CIO) which started operating on 30 June 2020.

Notes

1 Grants Balance at ( Movement in Resources ) Balance at
01/04/2024 Incoming Outgoing 31/03/2025
ERYC – PAG 1 £1,107 £0 £1,107 £0
Market Weighton Town Council £8 £0 £8 £0
Angling Trust £3760 £0 £157 £3,603
ERYC LGBTQ+ £5,000 £2,992 £2,184 £5,808
£9,875 £2,992 £3,456 £9,411

A brief description of the restricted funds is given below:

East Riding of Yorkshire Council

Restricted funding from East Riding of Yorkshire Council for the development and setting up of the charity to enable them to provide activities for young people in the Market Weighton area.

Restricted funding from Tesco, as voted by their customers via the Blue Token scheme, for the provision of family sporting activities.

Market Weighton Town Council

Restricted funding form Market Weighton Town Council to provide alternative Skate Ramp facilities, in the car park behind the Youth Hub, or by visiting a fellow community charity in Driffield.

9

Market Weighton Youth Action Group Trustee Annual Report

Charity Number: 1190175 For the period ending 31[st] March 2025

Angling Trust

Restricted funding from the Angling Trust to provide fishing trips and equipment for the development of life skills and independence.

– East Riding of Yorkshire Council LGBTQ+

Restricted funding from ERYC to provide a safe space and counselling for the young people of Market Weighton.

We have received many very kind donations from parents, members of the public and generous local businesses.

Our Tuck Shop operated from the “Hub” has proved very popular. We endeavour to be as cheap if not cheaper than anywhere else in Market Weighton. However, this does allow us to use the small profit made to purchase additional equipment for use of our users in the “Hub”.

We charge £1 per person for access into the “Hub” on a weekly basis. However, everyone is given their first week at the “Hub” for free, allowing them to see what we offer. This small charge goes towards the rent for the space charged by The Acorns.

Throughout the year we have offered a variety of additional events including:

It is important to us that these trips remain free for all our members, ensuring that during this period of higher cost of living, no young person is excluded.

Payments

This year we have paid no wages.

Our total cost for Wages was £0.00

10

Market Weighton Youth Action Group Trustee Annual Report

Charity Number: 1190175 For the period ending 31[st] March 2025

7 Equipment Purchase

Our total cost for Equipment was £266.00

This year we have purchased some branded clothing and pens. We have also purchased some large, branded flags, ensuring that we can always find our way back to the group in a crowd! In addition, we now are the proud owners of a branded gazebo for use at public events, funded by the Market Weighton Rotary.

Our total cost for Advertising and Marketing for the year was £0.00

9 DBS

We have continued to provide Data Barring Service (DBS) checks on all our volunteers.

Our total cost for providing volunteer DBS’s this year was £63.00

Event Costs

We have had a successful year with our events, Footgolf, Cinema Trips, Water Parks, Movie Nights and End of Term Discos, the feedback has been fantastic.

Our total cost for Events this year was £3,237.00

Sundries

Our total Sundries costs this year was £201.00

Expenses

This is the total cost we have reimbursed volunteers for out-of-pocket expenses throughout the year. We can confirm that no expenses have been paid to reimburse any volunteer travel costs, and we continue to thank all our volunteers for not only their time, but small financial commitment to us.

Our total Volunteer Expenses were £481.00

IT

Within this figure are the costs for our Web Hosting and PlayStation costs.

Our Total IT Costs this year were £72.00

11 Professional Fees

11

Market Weighton Youth Action Group Trustee Annual Report

Charity Number: 1190175 For the period ending 31[st] March 2025

Insurance

We can confirm that we have renewed all our insurance policies with Ansvar, and the annual premium was £354.00

Accounts

Our management accounts are produced monthly by our Trustees, led by John Marshall.

Our Account cost for this year was £1936.00

We check all our tuck shop pricing before we purchase, and mainly use both Bookers and Hancock’s based in Hull.

Our total Tuck Shop costs for the year were £1655.00

13 Accommodation

We would like to thanks The Acorns for the use of their building at a very reasonable rate. As we develop, we are continually looking for a dedicated place of our own.

Our total Accommodation cost for the year was £1111.00

Transport

We are delighted to support fellow youth groups in Market Weighton and are proud that whenever we need a minibus to provide transport to events away from Market Weighton, we always use our friends at Market Weighton Scouts, who continue to provide excellent and wellmaintained Minibuses.

Our total Transport cost for the year was £348.00

14 Current Account

This is our main bank account and is administered by our Treasurer John Marshall.

This account is where we keep all restricted funds.

16 Petty Cash

We have 2 cash floats when we operate the “Hub” 1 for the Tuck Shop and 1 for the Subs, this value also includes any income generated prior to it going to the bank.

12

Market Weighton Youth Action Group Trustee Annual Report

Charity Number: 1190175 For the period ending 31[st] March 2025

We have continued to generate unrestricted funds via Subs, Tuck Shop sales. In addition to this we have received some very kind donations from parents, members of the public and generous local businesses.

Detailed above in Note 1.

Our 85” Smart Samsung TV is stored at The Acorns and is very popular with our members. We mainly use You Tube on “Hub” evenings. We also use this TV when showing films at our Film Nights.

Our PlayStation 4 is a very popular facility in the “Hub”. As soon as we have more space, we plan to complement this with an Xbox and Wii.

Both of these assets were donated to us.

We can confirm that as of the 31[st] March 2025, we had no debtors.

We can confirm that as of the 31[st] March 2025, we had no creditors.

Payments to Trustees

No remuneration directly or indirectly out of the funds of the Charity was paid or payable for the financial period to any Trustee. There was no reimbursement of travel expenses in respect of the financial period.

Taxation

13

Market Weighton Youth Action Group Trustee Annual Report

Charity Number: 1190175 For the period ending 31[st] March 2025

Market Weighton Youth Action Group is a registered charity. All the Charities’ income is applied to its charitable objectives and the association is therefore exempt under current legislation from most forms of taxation.

The charity is not VAT registered and all expenditure includes irrecoverable VAT.

14