2022-03-31-accounts

Report ofthe Trustee Board	Report ofthe Trustee Board
Report ofthe Independent	Examiner
Accounts comprising:
Statement ofFinancial Activities
Balance Sheet
Notes to the Accounts

NAME OFTHE	CHARITY	Westminster House Youth Club	Westminster House Youth Club	Westminster House Youth Club
PRINCIPAL ADDRESS		29 Nunhead Grove,
		London, SE153LZ
COMPANY REGISTRATION NUMBER		13083464(England and Wales}
CHARITY REGISTRATION NUMBER		1194411
MANAGEMENT	COMMITTEE	V. Peel
		R.Parker
		R.Lomax
		C. Hill
		Y Dow
		D Haynes
CHAIR		V. Peel
TREASURER		R.Lomax
SECRETARY		R.Parker
CUSTODIANTRUSTEE		Federation ofLondon Youth Clubs
INDEPENDENT	EXAMINER	Alex Koupland, Calder SCo.,
		30 Orange Street
		London
		WC2H 7HF
SOLICITORS		Sebastians,
		St.Bartholomew	House,
		92 Fleet Street,
		London, EC4Y 1PB
BANKERS		Barclays Bank Plc.,
		Dulwich Group,
		P.O.Box270,
		London, SE154RD
INVESTMENT MANAGERS		Black Rock Investment 12Throgmorton Avenue		Management	(UK) Ltd. ,
		London EC2N 2DL

				Restricted	Funds
	Note	Unrestricted			Expendable	Total	Total
		Funds		Income	Endowment	2022	2021
Incoming Resources
Incoming Resources from
Generated Funds:—
Subscriptions
Grants and similar
voluntary
Income Donations Investment income Other income		15,665 15,784 16,709		344,333		344,333 15,665 15,784 16,709	282,989 44,504 15,356 2,440
Total Incoming Resources		48,158		344,333		392,491	345,289
Resources Expended:—
Charitable activities		10,729		316,628		327,357	292,235
Total Resources Expended		10,729		316,628		327,357	292,235
Net Incoming/(Outgoing)
Resources before Transfers Transfers:—		37,429		27,705		65,134	53,054
Gross Transfers between
Funds
Net Incoming/(Outgoing)
Resources before Other
Recognised Gains and Losses Gain (Loss) on Revaluations—		37,429		27,705		65,134	53,054
—Investment assets	12	31,462				31,462	88,905
Net Movement in Funds		68,891		27,705		96,596	141,959
Total Funds brought forward		594,409		81,884	330,000	1,006,293	864,334
Total Funds carried forward		R663,300	8	109,589	8330,000	RI,102,889	R1,006,293
CONTINUING ACTIVITIES

		BALANCE SHEET	BALANCE SHEET
		31STMARCH 2022
		Unre-	Restricted Funds
		stricted		Expendable	Total	Total
	Notes	Funds	Income	Endowment	2022	2021
FIXEDASSETS
Tangible Fixed Assets		56,014	11,210	330,000	397,224	362,202
INVESTMENTS	12	538,284			538,284	506,822
CURRENT ASSETS
Debtors	13	488			488
Cash at Bank and in Hand	14	69,214	130,201		199,415	195,048
		69,702	130,201		199,903	195,536
LIABILITIES
CREDITORS: AMOUNTS
FALLING DUE WITHIN
ONE YEAR	15	700	31,822		32,522	58,267
NET CURRENT ASSETS		69,002	98,379		167,381	137,269
		663,300	109,589	330,000	1,102,889	1,006,293
CREDITOR: AMOUNT
FALLING DUE IN MORE
THAN ONE YEAR	15
TOTAL NET ASSETS		R663,300	8109,589	8330,000	Rl,102,889	R1,006,293
Representing:
UNRESTRICTED FUNDS
Designated Income	16	309,000			309,000	309,000
General Income	17	354,300			354,300	285,409
		663,300			663,300	594,409
RESTRICTED FUNDS
Income	18		109,589		109,589	81,884
Expendable Endowment	19			330,000	330,000	330,000
			109,589	330,000	439,589	411,884
TOTAL FUNDS		R663,300	R109,589	8330,000	R1,102,889	R1,006,293

GRANTS AND SIMILAR VOLUNTARY INCOME	GRANTS AND SIMILAR VOLUNTARY INCOME	2022	2021
Specific Grants		344,333	282,989
General Grants
		R344,333	8282,989
DONATIONS		2022	2021
Sundry Donations HMRC Coronavirus	Job	15,665	24,010
Retention Scheme			20,494
		K15,665	44,504

OTHERINCOME
					2022	2021
Sundry Other Income					7,568	2,440
Gain on disposal offixed assets					9,141
					R16,709	R2,440
INVESTMENT INCOME
Bank Interest					13	14
Dividends					15,771	15,342
					815,784	R15,356
CHARITABLE ACTIVITIES			Restricted Funds
		Unrestricted		~xXendable	Total	Total
		Funds	Income	Endowment	2022	2021
Salaries Employer's Pension Instructors' Fees Vehicle Expenses Activities Security Costs Rates	Contributions	(55) 82 508	168,034 4,851 26,190 4,249 71,062 7,197		168,034 4,851 26,190 4,194 71,144 7,197 508	159,913 5,092 13,827 2,520 76,952 3,496 88
Light and Heat Sundries Insurance Repairs and Maintenance		96 564	5,093 1,500 5,867 12,162		5,189 2,064 5,867 12,162	4,585 418 5,270 800
Planning residential Incorporation Governance (Note 8) Depreciation	development	2,722 723 6,089	1,876 4,011 4,536		1,876 2,722 4,734 10,625	5,886 4,894 8,494
		R10,729	R316,628		8327,357	8292,235

GOVERNANCE COSTS				2022	2021
Office Costs				723	561
Independent project evaluation				1,988	2,353
Independent Examination	Fee			1,623	1,580
Accountancy				400	400
				R4,734	R4,894
TOTAL RESOURCES EXPENDED
	Staff	Depreci-	Other	Total	Total
	Costs	ation	Costs	2022	2021
Direct Charitable
Expenditure	172,885	10,625	139,313	322,623	281,455
Management and Admin
istration ofthe Charity				4,734	4,894
				8327,357	R286,349
Wages and Salaries				156,860	149,654
Social Security Costs				11,174	10,259
Employer's Pension				168,034	159,913
Contributions				4,851	5,092
				8172,885	R165,005

TANGIBLE FIXEDASSETS
	Freehold
	Land and		Fixtures and
	~Buitdin s	EttEui ment	~Fittin s	Minibuses	Total
Cost or Valuation
1st April 2021 Additions at cost	330,000	55,322	15,920	59,012 50,506	460,254 50,506
Disposals				(39,142)	(39,142)
31stMarch 2022	6330,000	855,322	615,920	670,376	R471,618
Depreciation 1st April 2021 Charge for Year On disposals		642,609 1,268	814,182 177	841,261 9,180 (34,283)	R98,052 10,625 (34,283)
31stMarch 2022		843,877	814,359	R16,158	R74,394
Net Book Value
31stMarch 2022	8330,000	611,445	R1,561	654,218	8397,224
31stMarch 2021	8330,000	612,713	R1,738	817,751	6362,202

12.	INVESTMENTS		31.3.22
			Gain/(Loss)		31.3.22	31.3.21
			On		Market	Market
			Revaluation	Cost	Value	Value
	Blackrock Charities	UK Bond Fund A
	26136.364 Income	Shares	(3,659)	46,000	45,216	48,875
	Blackrock Charities	UK Equity Fund A
	68864.363Income	Shares	35,121	214,000	493,068	457,947
			631,462	8260,000	8538,284	k:506,822

DEBTORS	2022	2021
Income Tax Recoverable	400	400
Grants receivable
Amounts Paid in Advance and Receivable		88
	8488	R488
CASH AT BANK AND IN HAND
Cash at bank and in hand is divided between the Charity's	funds as follows:—
(a) Unrestricted Funds
Projects shortfall	59,000	59,000
General income	10,214	9,052
	69,214	68,052
(b) Restricted Funds
General endowment
Restricted income fund	130,201	126,996
Total Cash at Bank and In Hand	8199,415	8195,048
CREDITORS
Due Within One Year
Accruals Advance payment	2,411	2,411
Deferred grants	30,111	55,856
	832,522	858,267

16.	UNRESTRICTED FUNDS	2022	2021
	DESIGNATED INCOME FUNDS
	(i) Project Shortfall
	At 1 April 2021 Transfer from/(to) General Income Fund	59,000	59,000
	At 31stMarch 2022 (ii) Residential Investment	59,000	59,000
	At 1 April 2021	250,000	250,000
	Transfer from/(to) General Income Fund
	At 31stMarch 2022
		250,000	250,000
	Balance at 31March 2022	8309,000	8309,000
17.	UNRESTRICTED FUNDS:
	GENERAL INCOME
	Balance at 1stApril 2021	285,409	169,778
	Net Incoming (outgoing) Resources before Transfers	37,429
	Transfer from (to) Restricted Income Fund
	Gain (loss) on revaluation ofinvestments	31,462	88,905
	Balance at 31March 2022	8354,300	8285,409

	FORTHE	FORTHE	YEAR ENDED	31STMARCH 2022	31STMARCH 2022
	RESTRICTED FUNDS:		Balance	Movement		in Funds		Balance
	INCOME FUND		1stApril	Ness	~Ex enditure		Transfers	31stMarch
			2021	Resources				2022
	Reaching Communities	- Big Lottery
(i)	Fund
	2019Grant		1,906	88,468	(90,997)			(623)
(ii)	Awards for All (BigLottery Fund)		2,329			(1,722)	(607)
	Reaching Communities	- BigLottery
(iii)	Fund
	Corona virus		1,517			(1,517)
	London Borough ofSouthwark-
(iv)	Coronavirus		21,167					21,167
	London Borough ofSouthwark—
(V)	Coronavirus		1,985				(1,985)
	Borough ofSouthwark	—Youth Service
(Vl)	Grant		4,264	30,960	(31,163)			4,061
(Vii)	Southwark Food and Fun Programme			1,080				1,080
(viii)	"LEAP" Funds
	Girdlers Company		12,870	15,000	(27,258)			612
(ix)	Girdlers Company Trust			1,269		(1,069)		198
(x)	Tenants and Residents	Safety
	Improvement Grant		98					98
(xi)	Peter Minet Trust			30,000	(16,488)		(13,512)
(Xli)	Meals Go Fund Me		177			(177)
(xlll)	Kitchen SociaVHealth	&Fed	7,615	24,278	(18,242)		(11,123)	2,528
(xiv)	CIN - Youth Futures	Foundation	3,528	55,347	(57,655)			1,220

	RESTRICTED FUNDS:	Balance	Balance	Movement	Movement	in Funds		Balance
	INCOME FUND	1stApril		New	E~aenditnre		Transfers	3istMarch
	(continued)	2021		Resources				2022
(xv)	The Jack Petchey Foundation:-
	Award Scheme	6,746		2,550		(1,543)	(2,000)	5,753
(xvi)	Fighting FIT	2,451		16,000		(6,599)		11,852
(xvn)	The Julia and Hans Rausing Trust			32,800	(32,800)
	Nunhead and Peckham Rye
(xviii)	Neighbourhood Fund	2,160		5,000		(3,828)		3,332
(xix)	Rowena Quicke Legacy			5,000		(3,500)		1,500
(xx)	TJMaxx Foundation		500			(500)
(xxi)	United St Saviours Trust			1,900		(1,700)		200
(xxii)	St Olave's Foundation			3,000		(1,122)	(1,000)	878
(xxiii)	London Borough ofSouthwark
	Football pitch —donated facility	12,456				(1,246)		11,210
(xxiv)	Grants for Minibus Purchases					(3,291)	31,988	28,697
(xxv)	Peabody Trust			7,500		(3,749)	(1,761)	1,990
(xxvi)	Nunhead Knocks		112	3,596		(3,606)		102
	Young Volunteers (Duke of
(xxvii)	Edinburgh)			10,635		(4,111)		6,524
(xxviii)	Family Support Fund (Elinor Blick)			9,950		(2,745)		7,205
	The Garfield	Weston Foundation
(xxix)	OI Will Fund
(XXX)	The Garfield Weston Foundation
		81,884		344,333	316,628			109,589

RESTRICTED FUNDS:
EXPENDABLE ENDOWMENT	FUND	2022	2021
Balance at 1stApril 2021		330,000	330,000
Transfer to general income
Balance at 31stMarch 2022		8330,000	R330,000

following the	transfer arose a	py. s follows:—
		Pre	Post	Total
		transfer	transfer
Total incoming Total outgoing	resources resources	253,036 210,917	139,455 116,440	392,491 327,357
Net Incoming	resources	842,119	823,015	865,134