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|LEGAL AND ADMINISTRATIVE|LEGAL AND ADMINISTRATIVE|INFORMATION|INFORMATION||||
|---|---|---|---|---|---|---|
|NAME OF THE|CHARITY||Westminster<br>House Youth Club||||
|PRINCIPAL ADDRESS|||29 Nunhead<br>Grove,||||
||||London, SE153LZ||||
|COMPANY REGISTRATION NUMBER|||13083464 (England and||Wales}||
|CHARITY REGISTRATION NUMBER|||1194411||||
|MANAGEMENT|COMMITTEE||V. Peel||||
||||R.Parker||||
||||R.Lomax||||
||||C. Hill||||
||||YDow||||
||||D Haynes||||
||||Z Mclntosh||||
|CHAIR|||V. Peel||||
|TREASURER|||R. Lomax||||
|SECRETARY|||R.Parker||||
|CUSTODIAN TRUSTEE|||Federation<br>ofLondon Youth Clubs||||
|INDEPENDENT|EXAMINER||Alex Koupland,||||
||||Calder & Co.,||||
||||30Orange Street||||
||||London||||
||||WC2H 7HF||||
|SOLICITORS|||Sebastians,||||
||||St.Bartholomew|House,|||
||||92 Fleet Street,||||
||||London, EC4Y IPB||||
|BANKERS|||Barclays Bank Pic.,||||
||||Dulwich Group,||||
||||P.O. Box270,||||
||||London, SE154RD||||
|INVESTMENTMANAGERS|||Black Rock Investment||Management|(UK) Ltd. ,|
||||12Throgmorton|Avenue|||
||||London EC2N 2DL||||





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||||||Restricted|Funds|||
|---|---|---|---|---|---|---|---|---|
|||Unrestricted||||Expendable|Total|Total|
||Notes||Funds||Income|Endowment|2023|2022|
|Incoming Resources|||||||||
|Incoming Resources from|||||||||
|Generated<br>Funds:-|||||||||
|Subscriptions|||1,877||||1,877||
|Grants and similar|||||||||
|voluntary|||||||||
|Income|||||288,789||288,789|344,333|
|Donations|||19,248||||19,248|15,665|
|Investment<br>income|||18,856||||18,856|15,784|
|Other income|||3,260||||3,260|16,709|
|Total Incoming Resources|||43,241||288,789||332,030|392,491|
|Resources Expended:-|||||||||
|Charitable<br>activities|||39,246||252,145||291,391|327,357|
|Total Resources Expended|||39,246||252,145||291,391|327,357|
|Net Incoming/(Outgoing)|||||||||
|Resources<br>before Transfers|||3,995||36,644||40,639|65,134|
|Transfers:-|||||||||
|Gross Transfers between|||||||||
|Funds|||56||56||||
|Net Incoming/(Outgoing)|||||||||
|Resources<br>before Other|||||||||
|Recognised<br>Gains and|||||||40,639||
|Losses|||3,939||36,700|||65,134|
|Gain (Loss) on Revaluations|||||||||
|Investment<br>assets|12||(11,354)||||(11,354)|31,462|
|Net Movement<br>in Funds|||7415||36700||29 285|96596|
|Total Funds brought|||||||||
|forward|||663,300||109,589|330,000|I,102,889|1,006,293|
|Total Funds carried forward||R|655,885|K|146,289|6330,000|K 1,132,174|f1,102,889|



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|||BALANCE SHEET|BALANCE SHEET||||
|---|---|---|---|---|---|---|
|||31STMARCH 2023|||||
|||Unre-|Restricted|Funds|||
|||stricted||Expendable|Total|Total|
||Notes|Funds|Income|Endowment|2023|2022|
|FIXED ASSETS|||||||
|Tangible Fixed Assets||41,759|10,089|330,000|381,848|397,224|
|INVESTMENTS|12|526,930|||526,930|538,284|
|CURRENT ASSETS|||||||
|Debtors||488|7,500||7,988|488|
|Cash at Bank and in Hand||87,408|153,695||241,103|199,415|
|||87,896|161,195||249,091|199,903|
|LIABILITIES|||||||
|CREDITORS: AMOUNTS|||||||
|FALLING DUE WITHIN|||||||
|ONE<br>YEAR|15|700|24,995||25,695|32,522|
|NET CURRENTASSETS||87,196|136,200||223,396|167,381|
|||655,885|146,289|330,000|1,132,174|1,102,889|
|CREDITOR: AMOUNT|||||||
|FALLING DUE IN MORE|||||||
|THAN ONE YEAR|15||||||
|TOTAL NET ASSETS||K655,885|F146289|K330000|K1,132,174|R1,102,889|
|Representing:|||||||
|UNRESTRICTED FUNDS|||||||
|Designated<br>Income|16|309,000|||309,000|309,000|
|General Income|17|346,885|||346,885|354,300|
|||655,885|||655,885|663,300|
|RESTRICTED FUNDS|||||||
|Income|18||146,289||146,289|109,589|
|Expendable<br>Endowment|19|||330,000|330,000|330,000|
||||146,290|330,000|476,289|439,589|
|TOTAL FUNDS||6655,885|F146,289|K330,000|Kl,132,174|RI,102,889|





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|2.|GRANTS AND SIMILAR VOLUNTARY INCOME|2023|2022|
|---|---|---|---|
||Specific Grants|R288,789|K344,333|
||General Grants|||
|||F288,789|K344,333|
|3.|DONATIONS|2023|2022|
||Sundry Donations|K19,248|K15,665|



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|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|5.|OTHER INCOME||||||2023||2022|
||Sundry Other Income|||||||3,260|7,568|
||Gain on disposal offixed assets||||||||9,141|
|||||||||K3,260|E16,709|
|6.|INVESTMENT INCOME|||||||||
||Bank Interest|||||||933|13|
||Dividends|||||||17,923|15,771|
|||||||||K18,856|E15,784|
|7.|CHARITABLE ACTIVITIES||||Restricted Funds|||||
||||Unrestricted|||K~dbl||Total|Total|
||||Funds||Income|Endowment||2023|2022|
||Salaries||21,725||149,608|||171,333|168,034|
||Employer's<br>Pension|Contributions|2,324||2,868|||5,192|4,851|
||Instructors'<br>Fees||||6,456|||6,456|26,190|
||Vehicle Expenses||||5,737|||5,737|4,194|
||Activities|||59|53,905|||53,964|71,144|
||Security Costs||||3,560|||3,560|7,197|
||Rates||2,268|||||2,268|508|
||Light and Heat|||145|8,647|||8,792|5,189|
||Sundries|||662||||662|2,064|
||Insurance||||6,296|||6,296|5,867|
||Repairs and Maintenance||||4,430|||4,430|12,162|
||Planning<br>residential|development|||||||1,876|
||Incorporation||3,584|||||3,584|2,722|
||Governance<br>(Note 8)|||621|3,120|||3,741|4,734|
||Depreciation||7,857||7,518|||15,376|10,625|
||||K39,246||R252,145|E|-|K291,391|K327,357|





||GOVERNANCE<br>COSTS|GOVERNANCE<br>COSTS|||||2023|2022|
|---|---|---|---|---|---|---|---|---|
||Office Costs||||||621|723|
||Independent<br>project|evaluation|||||1,500|1,988|
||Independent<br>Examination||Fee||||1,620|1,623|
||Accountancy|||||||400|
||||||||K3,741|K4,734|
|9.|TOTAL RESOURCES|EXPENDED|||||||
|||||Staff|Depreci-|Other|Total|Total|
|||||Costs|ation|Costs|2023|2022|
||Direct Charitable||||||||
||Expenditure|||176,525|15,376|95,749|287,650|322,623|
||Management<br>and Admin||||||||
||istration ofthe Charity||||||3,741|4,734|
||||||||f291,391|@327,357|
||Wages and Salaries||||||158,551|156,860|
||Social Security Costs||||||12,782|11,174|
||||||||171,333|168,034|
||Employer's<br>Pension||||||||
||Contributions||||||5,192|4,851|
||||||||f,176525|f,172 885|
||The average number|ofemployees,||analysed|by function,|vvas:-|||
||Youth Workers||||||12|15|



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|TANGIBLE FIXEDASSETS||||||
|---|---|---|---|---|---|
||Freehold|||||
||Land and<br>~Buildin s|KE~|Fixtures and<br>FF~iti|Mi<br>b|Total|
|Cost or Valuation<br>1stApril 2022|f330,000|f55,322|f15,920|f70,376|fA71,618|
|Additions at cost||||||
|Disposals||||||
|31aMarch 2023|f330,000|f55,322|f15,920|f70,376|fA71,618|
|Depreciation||||||
|1stApril 2022||43,877|14,359|16,158|74,394|
|Charge for Year||1,141|160|14,075|15,376|
|On disposals||||||
|31stMarch 2023||fA5,018|f14,519|f30,233|f89,770|
|Net BookValue<br>31stMarch 2023|f330,000|f10,304|f1,401|f40,143|f381,848|
|31stMarch 2022|f330,000|f11,445|f1,561|f54,218|f397,224|



|12.|INVESTMENTS||31.3.23||||
|---|---|---|---|---|---|---|
||||Gain/(Loss)||31.3.23|31.3.22|
||||On||Market|Market|
||||Revaluation|Cost|Value|Value|
||Blackrock Charities|UK Bond Fund A|||||
||26136.364Income|Shares|(6,534)|46,000|38,682|45,216|
||Blackrock Charities|UK Equity Fund A|||||
||68864.363Income|Shares|(4,820)|214,000|488,248|493,068|
||||f11,354|f260,000|f526,930|f538,284|





|13.|DEBTORS|2023|2022|
|---|---|---|---|
||Income Tax Recoverable|400|400|
||Grants receivable|7,500||
||Amounts<br>Paid in Advance and Receivable|88|88|
|||R7,988|fA88|
|14.|CASH AT BANK AND IN HAND|||
||Cash at bank and in hand is divided between the Charity's|funds as follows;-||
||(a) Unrestricted<br>Funds|||
||Projects shortfall|59,000|59,000|
||General income|28,408|10,214|
|||87,408|69,214|
||(b) Restricted Funds|||
||General endowment|||
||Restricted income fund|153,695|130,201|
||Total Cash at Bank and In Hand|8241,103|E199,415|
|15.|CREDITORS|||
||Due Within One Year|||
||Accruals|2,411|2,411|
||Advance payment|||
||Deferred grants|23,284|30,111|
|||625,695|E32,522|





|16.|UNRESTRICTED FUNDS|2023|2022|
|---|---|---|---|
||DESIGNATED INCOME FUNDS|||
||(i) Project Shortfall|||
||At I April 2022|59,000|59,000|
||Transfer from/(to)<br>General Income Fund|||
||At 31stMarch 2023|59,000|59,000|
||(ii) Residential<br>Investment|||
||At I April 2022|250,000|250,000|
||Transfer from/(to)<br>General Income Fund|||
||At 31stMarch 2023|||
|||250,000|250,000|
||Balance at 31March 2023|6309,000|K309,000|
|17.|UNRESTRICTED FUNDS:|||
||GENERAL INCOME|||
||Balance at 1stApril 2022|354,300|285,409|
||Net Incoming<br>(outgoing) Resources before Transfers|3,995|37,429|
||Transfer from (to) Restricted Income Fund<br>Gain (loss) on revaluation<br>ofinvestments|( 56)<br>(11,354)|31,462|
||Balance at 31March 2023|R346,885|K354,300|





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|18.|RESTRICTED FUNDS:||Balance|Movement|Movement|in Funds|||Balance|
|---|---|---|---|---|---|---|---|---|---|
||INCOME FUND||1stApril|N|~Echt||T|s|31stMarch|
||||2022|Resources|||||2023|
||Reaching Communities|- BigLottery|Fund|||||||
||2019Grant||(623)|100,116|(94,005)||||5,488|
|(ii)|London Borough ofSouthwark-|||||||||
||Coronavirus||21,167||||(21,167)|||
|(iii)|Borough ofSouthwark|—Youth||||||||
||Service Grant||4,061|30,000|(34,061)|||||
|(iv)|Southwark<br>Food and Fun|||||||||
||Programme||1,080|||||(1,080)||
|(v)|"LEAP"Funds|||||||||
||Girdlers<br>Company||612|20,000|(12,244)||||8,368|
|(vi)|Girdlers Company<br>Trust||200||||||200|
||Tenants and Residents|Safety||||||||
||Improvement<br>Grant||98|||||(98)||
|(viii)||||||||||
||Peter Minet Trust|||37,500|(36,019)||||1,481|
||Kitchen Social/Health|&,Fed|2,528|32,820|(27,530)|||(7,818)||
||CIN - Youth Futures Foundation||1,220|||(1,318)||98||
||The Jack Petchey Foundation:-|||||||||
||Award Scheme||5,753|3,800||(5,762)|||3,791|
||Fighting FIT||11,852|6,000|(10,724)|||(7,128)||
|(xiv)|Nunhead<br>and Peckham|Rye||||||||
||Neighbourhood<br>Fund||3,332|5,000||(8,333)||||
||Rowena Quicke Legacy||1,500|||||(1,500)||
||London Community<br>Fund —Jubilee|||5,500||(4,151)||(1,349)||
||United St Saviours Trust||200|||(200)||||





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|18.|RESTRICTED FUNDS:||Balance|Movement|Movement|in Funds|||Balance|
|---|---|---|---|---|---|---|---|---|---|
||INCOME FUND||1stApril|N|~ECht||T|1|31stMarch|
||(continued)||2022|Resources|||||2023|
||St Olave's Foundation||878|3,000||(1,800)|||2,078|
||London Borough ofSouthwark|||||||||
||Football pitch - donated<br>facility||11,210|||(1,121)|||10,089|
||Grants for Minibus Purchases||28,697|||(6,398)|||22,299|
||Peabody Trust||1,990|||(1,990)||||
||Nunhead<br>Knocks||102|||(158)||56||
|(xxiii)|Young Volunteers<br>(Duke of|||||||||
||Edinburgh)||6,524|9,200||(3,057)|||12,667|
||Family Support Fund (Elinor|Blick)|7,205|2,566||(3,274)|||6,497|
||Wesminster<br>School 2023|||30,287|||(30,287)|||
|(~)|Solar Heating Grant|||3,000|||70,331||73,331|
|(~h)|¹Iwill Fund|||||||(2)||
|(xxvni)|The Garfield Weston Foundation|||||||||
||||109,589|288,789|252,145|||56|146,289|
|19.|RESTRICTED FUNDS:|||||||||
||EXPENDABLE ENDOWMENT|FUND||||2023|||2022|
||Balance at 1st April 2022|||||330,000|||330,000|
||Transfer to general income|||||||||
||Balance at 31st March 2023|||||f330|000|8330000||