Trustees’ Annual Report for the period
From Period start date To 01/11/2022 Period end date 31/10/2023
Charity name: BILLY YOUTH ENGAGEMENT PROJECT
Charity registration number: 1193521
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | Educational and recreational activities aimed at improving the physical, mental and social welfare of young people. within London and surrounding area. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Charity operates a variety of classes covering both educational and amateur sporting activities. Also, arrange a number of trips and outings for both educational and recreational purposes. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The trustees remain aware that the prime objective is to ensure that the young people in the community of London have the opportunity to remain active and involved in a wide variety of activities, which helps in their wellbeing. |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making. | Para 1.38 | We have no policy of grant making and are not involved in grant making |
| Policy on social investment including program related investment. |
Para 1.38 | Similarly, BYEP have no policy on social investment as we are not involved in social investments. |
| Contribution made by volunteers. |
Para 1.38 | The charity is very involved in the community and relies on voluntary help. Over 30 volunteers assist with Afterschool homework club, Sports activities, workshops events and performances, enabling longer opening and lower staff costs than would otherwise be the case. Most volunteers are members of the BYEP, and it is at their suggestion |
that the ‘Friends of the BYEP’ was formed in 2020 and we wish to thank our friends for their loyal support and service Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | The Charity continued to run a wide range of classes throughout the year and had. numerous lectures on a wide variety of topics that a significant number of members attended. The organisation also arranged over sixty educational and other sports activities for members during the year. Membership continues to increase and has now has over the year. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | Our young people’s attendances for our activities increased marginally from 400 in the year ending 31 March 2020 to just over 600 in the current year. This was a major achievement given the economic backdrop and is a tribute to the quality of our afterschool club and football activities programme and the place the BYEP has in the community and underpinned a challenging financial year. Our volunteers deserve credit and praise for their skilful and enthusiastic efforts to provide a successful activities programme for our young people. The new Saturday football and weekday young people’s programme proved very popular with average houses 78% full and increased of 10%. Our new Sports activities, workshops arrangements for young people on low incomes meant that the level of income per attendance has been increased this has offset the trend of declining audience seen by other charities nationally. Maintaining a balance between different activities, accessibility for every young people means, the encouraging of |
|---|---|---|
new young audiences, and maintaining a financial balance is an ongoing challenge. Our key financial aim remains a financially sustainable charitable organisation and we remain very grateful to our sponsors for their support, without which the charity would close N/A Performance of fundraising activities against objectives Para 1.41 set N/A Investment performance Para 1.41 against objectives Other
Financial Review
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The year-end reserves have increased from previous year. Many thanks to our donors Phoenix Way Children and Youth Emergency Round, Tesco and National Lottery grants. In terms of our initial budget, we increased. our income from that budgeted at the start of the year by £14,750.00. This was predominantly due sponsorship grant from Tesco, National Lottery, and grants from to Phoenix Way Children and Youth Emergency Round fund. In line with the increased number of young people, our outgoings over the financial year also increased by £24,580.67. This means we finished the financial year with a new positive balance of £11,268.17. When combined with the balance carried forward from the previous year, we carry forward to 2021/22 £7300. |
|---|---|---|
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Sufficient funds to settle all outstanding financial commitments in the event the Charity ceases to function up to six months turnover |
| Amount of reserves held | Para 1.22 | £11,268.17 |
| Reasons for holding zero reserves |
Para 1.22 | The Trust had £11,268.17surplus reserves on unrestricted funds after allowing the £10,000 awards received from national lottery and £20,000 from Phoenix Way Children and Youth Emergency Round received for those resources designated for our new lease and football activities and setting aside funds to cover professional fees. This situation is largely attributable an operating deficit and the need to finance to match the demand in our services. |
| Details of fund materially in deficit |
Para 1.24 | No funds are materially in deficit currently |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | There are no uncertainties with regards the charity continuing as a going concern. |
Additional information (optional) You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including any fundraising) |
Para 1.47 |
The charity’s principal sources of funds are Individual donations collected monthly and award from. We receive a smaller amount of funding from national lottery and heritage lottery identified as restricted funding. We receive some funding via fundraising which is co-ordinated by our small group of funding raising volunteers. |
|---|---|---|
| N/A |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
|---|---|---|
| A description of the principal risks facing the charity |
Para 1.46 | One of the principal risks facing the charity is the continued low funding. |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
The Board of Trustees (the Board) is the highest governing body of the BYEP. There are three subordinate governing committees: the Finance and Resources Committee, Professional Practice and Policy Committee and the Honours Committee. The trustees are also the legal directors of the charitable company, and their role is primarily to ensure good governance of the organisation. They also provide appropriate representation of the views of members at a strategic level on the Board and take account of the financial and business implications of any decisions they make. The trustees conduct regular horizon scanning and have a comprehensive three-year strategic plan containing high-level objectives, which is kept under regular review at each Board meeting. |
|
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 |
Constitution of Charitable Incorporated Organisation; Mode of Operation |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Nominations requested annually and election held and appointments confirmed at AGM |
Additional information (optional) You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | Trustees complete DBS checks in line with statutory requirements. Trustees meet regularly and work collaboratively on all aspects of the role. Induction and training takes place as part of regular meetings. |
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | The work of Afterschool homework club is overseen by a committee of parents and former parents. Afterschool homework club management structure consists of two well qualified and experienced joint Childcare Managers and teachers. The Afterschool homework club is a member of a local collaboration of similar settings and works regularly with a number of secondary and primary schools professionals, namely an Early Years Inclusion Advisor and the Local Inclusion Forum Team (consisting of Specialist Teachers. Our Afterschool homework club is on the site of Suite Ax 107 Selby Centre |
| Selby Centre Tottenham. We meet regularly with the Afterschool homework team at the Centre l to share ideas |
||
|---|---|---|
| Relationship with any related parties |
Para 1.51 | N/A |
| Other |
Reference and Administrative details
| Charity name | BILLY YOUTH ENGAGEMENT PROJECT |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1193521 |
| Charity’s principal address | SUITE AX 107 SELBY CENTRE SELBY ROAD TOTTENHAM HARINGEY N17 8JL |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Lorans Leau | Chair | |||
| Bienvenu Kitu | Treasurer | |||
| Dan Nissy | Secretary | |||
| Flore Mbinzi Kitu | Trustee | |||
| Danielle Mwanadeyi | Trustee | |||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
| Type of | Name | Address |
|---|---|---|
| adviser |
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Doclarations ,Th• trust•os doclarp that thoy have approved the trustses, report abov•. Slgnfrd on behalf of the charlty'$ trustees Sa(s) , &.KJ n•Th•(s) Position (•9 S*rntary. Chaw. Otc) Lorans Leau,. Chair ,. BiennU Kitu Treasurer 2013
Registered Charity Number :- 1193521
BILLY YOUTH ENGAGEMENT PROJECT a Charitable Incorporated Organisation FINANCIAL STATEMENTS
FOR THE YEAR END 30 October 2023
BILLY YOUTH ENGAGEMENT PROJECT Selby Centre AX107, Selby Rd
London
BY
BILLY YOUTH ENGAGEMENT PROJECT
CONTENTS
FOR THE YEAR ENDED 30 October 2023
STATEMENT OF FINANCIAL ACTIVITIES ............................................................................................................ 3 BALANCE SHEET ...................................................................................................................................................... 5 NOTES TO THE FINANCIAL STATEMENTS .......................................................................................................... 6
BILLY YOUTH ENGAGEMENT PROJECT
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30 October 2023
| Recommended categories by activity |
Notes | Unrestricted funds £ |
Restricted income funds £ |
Endowment funds £ |
Total Funds 2023 £ |
Total Funds 2022 £ |
| Incoming resources | ||||||
| Income and endowments from: | ||||||
| Donations and gift aids | 2 | 82,080.67 | 30,000.00 | 0.00 | 112,080.67 | 0.00 |
| Other trading activities | 3 | 937.50 | 0.00 | 0.00 | 937.50 | 0.00 |
| Total | 83,018.17 | 30,000.00 | 0.00 | 113,018.17 | 0.00 | |
| Resources expended | ||||||
| Expenditure on: | ||||||
| Raising funds | 4 | 11,350.00 | 820.00 | 0.00 | 12,170.00 | 0.00 |
| Charitable activities | 5 | 61,700.00 | 27,880.00 | 0.00 | 89,580.00 | 0.00 |
| Total | 73,050.00 | 28,700.00 | 0.00 | 101,750.00 | 0.00 | |
| Net income/(expenditure) before investment gains/(losses) |
9,968.17 | 1,300.00 | 0.00 | 11,268.17 | 0.00 | |
| Net income/(expenditure) | 9,968.17 | 1,300.00 | 0.00 | 11,268.17 | 0.00 | |
| Net movement in funds | 9,968.17 | 1,300.00 | 0.00 | 11,268.17 | 0.00 | |
| Reconciliation of funds: |
BILLY YOUTH ENGAGEMENT PROJECT
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30 October 2023
| Total funds brought forward | 0.00 | 0.00 | 0.00 | 0.00 | ||
| Total funds carried forward | 9,968.17 | 1,300.00 | 0.00 | 11,268.17 | 0.00 |
BILLI. I'OL'TII EI%'GAGFMF=.N'T PROJFCT B.4LA.N'CE SHEET FOR THE YEAR ENDED 30 OLiober 2023 Tot21 Funds 2022 Recommended categories b!, actiiity Notes Restricted income funds Unrestricted funds Endowment funds Tot21 Funds 2023 Current assets Cash at bank and in hand 9,968.17 1,300.00 11268.17 Total current assels 9,968.17 1,300.00 l 1268.17 Total net assets or liabilities 9,968.17 1,300.00 0.00 1126&17 0.00 Funds of the Charity Unrestricted funds 10 9.968.17 9.968.17 0.(x) Restricted income funds 10 1.300.00 1.3(M).(K) O.(X) Endowment funds 10 0. o.(x) Total funds 9,968.17 1,300.00 , 0.00 11,26&17 0.00 The financial siatements were approved by the Board on 15-Nov-2023 and signed on ils behalf by: Lorans Leau
BILLY YOUTH ENGAGEMENT PROJECT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 October 2023
1 Accounting Policies
1.1 Accounting Policies
The principal accounting policies adopted, judgments
and key sources of estimation uncertainty in the preparation of the financial
statements are as follows:
1.2 Basis of preparation
These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.
These accounts 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 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
These accounts are presented in pounds sterling and rounded to the nearest pound.
1.3 Going concern.
The trustees consider that there are no material uncertainties about Billy Youth Engagement Project Charity’s ability to continue as a going concern.
The most significant areas of adjustment and key assumptions that affect items in the accounts are to do with estimating XYZ in these accounts. With regard to the following year, the most significant areas of uncertainty of Billy Youth Engagement Project Charity are the level of donation income which needs to be raised each and every year and is covered in more detail in the performance and risk sections of the trustees’ annual report for more information. Accordingly they continue to adopt the going concern concept in preparing these financial statements.
BILLY YOUTH ENGAGEMENT PROJECT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 October 2023
2 Income from Donations and Legacies
| Unrestricted funds |
Restricted income funds |
Endowment funds | Total funds 2023 | Total funds 2022 | |
|---|---|---|---|---|---|
| Analysis | £ | £ | £ | £ | £ |
| Donation and gifts | 82,080.67 | 0.00 | 0.00 | 82,080.67 | 0.00 |
| General grants provided by Government/other charities |
0.00 | 30,000.00 | 0.00 | 30,000.00 | 0.00 |
| Total | 82,080.67 | 30,000.00 | 0.00 | 112,080.67 | 0.00 |
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received, and the amount can be measured reliably.
Where income has related expenditure (as with fundraising or contract income), the income and related expenditure are reported gross in the Statement of Financial Activities.
Donations, grants and gifts are recognised when receivable. In the event that a donation is subject to fulfilling performance conditions before the charity is entitled to the funds, the income is deferred and not recognised until it is probable that those conditions will be fulfilled in the reporting period. Income from Gift Aid tax reclaims is recognised for any donations with relevant Gift Aid certificates recognised in income for the year. Any amounts of Gift Aid not received by the year-end are accounted for in income and accrued income in debtors.
Income from National lottery and other grants, whether ‘capital’ grants or ‘revenue’ grants, are recognised when the
charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received, and the amount can be measured reliably and is not deferred.
Income received in advance for a future fundraising event or for a grant received relating to the following year are deferred until the criteria for income recognition are met.
Sponsorship from events, fundraising and events registration fees are recognised in income when the event takes place.
3 Income from Other Trading Activities
BILLY YOUTH ENGAGEMENT PROJECT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 October 2023
| Unrestricted funds |
Restricted income funds |
Endowment | funds | Total | funds | 2023 | Total | funds | 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Analysis | £ | £ | £ | £ | £ | ||||||
| Sponsorship | 937.50 | 0.00 | 0.00 | 937.50 | 0.00 | ||||||
| Total | 937.50 | 0.00 | 0.00 | 937.50 | 0.00 |
Sponsorship/grants from Tesco and other grants, whether ‘capital’ grants or ‘revenue’ grants, are recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received, and the amount can be measured reliably and is not deferred
4 Expenditure on Raising Funds
| Total funds 2023 | Total funds 2022 | |||
|---|---|---|---|---|
| Analysis | £ | £ | ||
| Advertising, marketing, direct mail and publicity |
2,250.00 | 0.00 | ||
| Support Costs | 9,920.00 | 0.00 | ||
| Total | 12,170.00 | 0.00 |
5 Expenditure on Charitable Activities
| Total funds 2023 |
Total funds | 2022 | |
|---|---|---|---|
| Analysis |
£ |
£ | |
| Volunteer expenses | 4,200.00 | 0.00 | |
| After-school Club | 27,000.00 | 0.00 | |
| Football/Basketball Activities | 19,550.00 | 0.00 |
| BILLY YOUTH ENGAGEMENT PROJECT | ||||||
|---|---|---|---|---|---|---|
| NOTES TO THE FINANCIAL STATEMENTS | ||||||
| FOR THE YEAR ENDED 30 October 2023 | ||||||
| Light, Heat & Power | 4,360.00 | 0.00 | ||||
| Telephone, Fax & Internet | 2,200.00 | 0.00 | ||||
| Printing and stationery | 1,200.00 | 0.00 | ||||
| Staff costs | 16,150.00 | 0.00 | ||||
| Support Costs | 14,920.00 | 0.00 | ||||
| Total | 89,580.00 | 0.00 | ||||
| Of the total Charitable activities’ expenditure of £49,100 (p/y: £25,560). £49,100 was restricted and £25,560 was unrestricted. | ||||||
| 6 Support Costs | ||||||
| Total funds | 2023 | Total funds 2022 | ||||
| Analysis | £ | £ | ||||
| Rent | 19,840.00 | 0.00 | ||||
| Governance Costs | ||||||
| Accountants fees | 5,000.00 | 0.00 | ||||
| Total | 24,840.00 | 0.00 |
Governance costs comprise accountancy fees; £5,000 (p/y: £9,920) costs of rent
7 Employee’s Emoluments
7.1 Staff Costs
| Salaries and wages | This year £ |
Last year £ |
|---|---|---|
| - | - |
BILLY YOUTH ENGAGEMENT PROJECT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 October 2023
| Social security costs Pension costs (defined contribution scheme) Other employee benefits Total staff costs |
- | - |
|---|---|---|
| - | - | |
| - | - | |
| - | - |
This year:
Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party
Last year:
Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party
Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.
| No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000 Band |
No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000 Band |
|---|---|
| Thisyear | |
| £60,000 to £69,999 | - |
| £70,000 to £79,999 | - |
| £80,000 to £89,999 | - |
| £90,000 to £99,999 | - |
| £100,000 to £109,999 | - |
| Thisyear | Lastye |
|---|---|
| £ | £ |
BILLY YOUTH ENGAGEMENT PROJECT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 October 2023
Please provide the total amount paid to key management personnel (includes trustees and senior management) for their services to the charity. For specific amounts paid to trustees, see Note 28.
7.2 Average head count in the year
The charity trustees were not paid or received any other benefits from employment with& in the year (p/y: £nil) neither Billy Youth Engagement Project& were they reimbursed expenses during the year (p/y: £nil)
The parts of the charity in which the employees work
| This year Number |
|
|---|---|
| Fundraising | - |
| Charitable Activities | - |
| Governance | - |
| Other | - |
| Total | - |
7.3 Ex-gratia payments to employees and others (excluding trustees)
Please complete if an ex-gratia payment is made.
Please explain the nature of the payment
This year Last year
Please state the legal authority or reason for making the payment
This year Last year
BILLY YOUTH ENGAGEMENT PROJECT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 October 2023
Please state the amount of the payment (or value of any waiver of a right to an asset)
| Thisyear | Lastyear | |||
|---|---|---|---|---|
| £ | £ | |||
| - | - |
7.4 Redundancy payments
Please complete if any redundancy or termination payment is made in the period.
Total amount of payment The nature of the payment (cash, asset etc.)
The extent of redundancy funding at the balance sheet date
| Thisyear | Lastyear | ||
|---|---|---|---|
| £ | £ | ||
| - | - |
| Thisyear | Lastyear | ||
|---|---|---|---|
| £ | £ | ||
| - | - |
BILLY YOUTH ENGAGEMENT PROJECT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 October 2023
Please state the accounting policy for any redundancy or termination payments
8 Cash at bank and in hand
| Total funds | 2023 | Total funds | 2022 | |||
|---|---|---|---|---|---|---|
| £ | £ | |||||
| Cash at bank and on hand | 11,268.17 | 0.00 | ||||
| Total | 11,268.17 | 0.00 |
Cash at bank and cash in hand includes cash and opening of the deposit.
9 Creditors: Amounts falling due after one year
Creditors 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 are normally recognised at their settlement amount after allowing for any trade discounts due.
10 Charity funds
10.1 Details of material funds held and movements during the CURRENT reporting period
Fund balances Fund balances Income Expenditure Transfers Gains and losses Fund names brought forward carried forward £ £ £ £ £ £
Unrestricted funds
BILLY YOUTH ENGAGEMENT PROJECT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 October 2023
| 0.00 | 83,018.17 | (73,050.00) | 0.00 | 0.00 | 9,968.17 | |
|---|---|---|---|---|---|---|
| Restricted income funds | ||||||
| 0.00 | 30,000.00 | (28,700.00) | 0.00 | 0.00 | 1,300.00 | |
| Total | 0.00 | 113,018.17 | (101,750.00) | 0.00 | 0.00 | 11,268.17 |
Restricted funds are those funds which must be spent as income on the particular purposes specified by the donor or specifically identified in appeal literature. The Charities Statement of Recommended Practice (FRS 102 SORP), paragraphs 2.8 to 2.15 provide details.
Unrestricted funds are those funds that can be spent at the discretion of the charity trustees for any purposes of the charity. The fund balance represents the unexpended resources held within the fund, that is, its assets less liabilities. If some of these funds have been designated or earmarked to meet planned future expenditure, these amounts will be disclosed here. The Charities Statement of Recommended Practice (FRS 102 SORP), paragraphs 2.6 to 2.7 provide details.
10.2 Details of material funds held and movements during the PREVIOUS reporting period.
10.3 Transfers between funds
This Year
| Amount | |
|---|---|
| £ | |
| Between unrestricted and restricted funds | 0.00 |
| Between endowment and restricted funds | 0.00 |
| Between endowment and unrestricted funds | 0.00 |
10.4 Designated funds
This year
Purpose of the designation
Amount
Planned use
BILLY YOUTH ENGAGEMENT PROJECT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 October 2023
Last year
Planned use Purpose of the designation Amount
11 Transactions with trustees and related parties
11.1 Trustee remuneration and benefits
This year
BILLY YOUTH ENGAGEMENT PROJECT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 October 2023
None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)
In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.
| Name of trustee | Legal authority (eg order, governing document) |
Amountspaid or benefit | Amountspaid or benefit | value | |
|---|---|---|---|---|---|
| Remuneration | Pension contribution |
Redundancy (including loss of office)/exgratia |
Other | ||
| £ | £ | £ | £ | ||
| Please give details of why remuneration or other employment benefits were paid. Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment. |
|||||
Last year
None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)
In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.
Name of trustee Amounts paid or benefit value
BILLY YOUTH ENGAGEMENT PROJECT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 October 2023
| Legal authority (eg order, governing document) |
Remuneration | Pension contribution |
Redundancy (including loss of office)/exgratia |
Other | |
|---|---|---|---|---|---|
| £ | £ | £ | |||
Please give details of why remuneration or other employment benefits were paid. Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.
11.2 Trustees' expenses
If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter 'False'.
No trustee expenses have been incurred (True or False)
| Type of expenses reimbursed | Thisyear |
|---|---|
| £ | |
| Travel | |
| Subsistence | |
| Accommodation | |
| Other(please specify): | |
| Total |
Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity
BILLY YOUTH ENGAGEMENT PROJECT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 October 2023
11.3 Transaction(s) with related parties
Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter true in the box provided.
The charity trustees were not paid or received any other benefits from employment with the Billy Youth Engagement Project in the year (p/y: £nil) neither were they reimbursed expenses during the year (p/y: £nil).
This year
There have been no related party transactions in the reporting period (True or False)
| Name of the trustee or related party |
Relationship to charity | Description of the transaction(s) |
Amount | Balance at period end |
Provision for bad debts at period end |
|---|---|---|---|---|---|
| £ | £ | £ | |||
In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.
For any related party, please provide details of any guarantees given or received.
BILLY YOUTH ENGAGEMENT PROJECT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 October 2023
Last year
There have been no related party transactions in the reporting period (True or False)
| Name of the trustee or related party |
Relationship to charity | Description of the transaction(s) |
Amount | Balance at period end |
Provision for bad debts at period end |
|---|---|---|---|---|---|
| £ | £ | £ | |||
In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.
For any related party, please provide details of any guarantees given or received.
Independent examiner's report on the accounts
Section A Independent Examiner’s Report Report to the Charity Name BILLY YOUTH ENGAGEMENT PROJECT trustees/ members of 21st November 2023 Charity 1193521 On accounts for the no (if year ended any) Set out on pages 1-2 I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/02/2021. Responsibilities and As the charity's trustees, you are responsible for the preparation of basis of report the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent I have completed my examination. I confirm that no material examiner's matters have come to my attention in connection with the statement examination which gives me cause to believe that in, any material respect:
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the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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 in order to enable a proper understanding of the accounts to be reached.
Signed: Date: 21/11/2023 Name: James Okahio Accountant
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professional qualification(s) or body (if any):
Address:
Institute of Financial Accountants 11 Water Lane London N9 7DQ
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