REGISTERED CHAIUTI .YUMBF.R: 1202180 TRUSTEES, RF,PORT AND FINANCLIL 8TATF.MF.NTS FOR THE YF.AR EINDED 31 IigARCH 2025 FOR FRENFORI) YOUI'H CLUB Pre%lons & Jacksons Partll¢TShip LLP Stalutor) Auditors 364 368 C.ranbrook Rudd Ilford IG2 6HY
FREfiFORD YOLITH C.'LUB CONTENTS OF THF. FINANCIAI, STATF.MF.NI'S FOR THE YEAR EIIDED 31 MARCH 2025 Page Tru$tce5' Rtport Stateent ul Trustees, Re5ponsibiliti¢S Report of the Indf Ptndont Auditors 7 to 10 Statement of Financial Activities StatemeDI of Financial Positioll 12 to 13 Stlltemtnt of Cash FIosv5 14 Notts to tbe Statement of c.ash Fl()ws Noles tij the FiDaneial Statements 16 tn 24 Detailed StattmtDt of Financial AcliTrilie5 25 to 26
FRENFORD YI)IJTH CLIIB TRU8TF.F.8' RFPnRT FOR THE YEAR LNDED 31 MARCH 2025 The iru%tees preseni their report H'ith thc financial statements ol the charity fL)r the veaT ended 31 March 2025. "Fhc trust¢¢s havc adopted ilie provisii)n% ()f Acc()unting aiid Reporting bv Charitl¢5.' Statement of Recomn)endcd Praclicc applicable to chl£ rities preparing IhciT accounts iii aLLorddnce '1th the inancial Reporting Standard applicable in ihe UK and Republic of Ireland {FRS 102} (¢l-l¢Llive l January 211191. INCORPORATION, Tl)e charitahlc incorporated u[gF&i5JtiOn (CIO) was iiicorpLifitled vn 3rd Marcl) 2023. All assers and liabilitie5 have been trantsf¥iied to th¢ CIO on 1st Apr 2023. oR.TF.c.TEs AND ACTIVITIF.S Objectii'es And aims The objccl.% of ihL CII) are to help cducate voung people thrnugh Ilicir lei5ure-lime aclivitieE to dcvclop tlieir physical. mental and Spiritual CdpaLilies tliat they niay groii. ti) full inaturil}' individuals and m£nib&TS of socieiy and that their Londilions ofiife ma& be improved. PubliL beDefit 'I'h¢ 'l'rusiccs Lonlirm that they have complicd ivith the duly in seLlivn 4 of Ilie Cliarities Act 2011 to have du¢ r¢gard io publiL benelit g?uidancc published b!, the Con)mi%si()n in dLiemiining the acrivitics undertaken bj the Charity. Page I
RENFORD YOUTH CLUB
TRLTSTEES, RF.PC)RT
FOR I'IIE YLAR Ef4DED 31 MARCH 202$
ACHIEVEMENTS AYD PTr;RF0RMACE
Charitable actii'ities
-5 has been anoth¢r hugie )iear for the Club with over 5,650 different snung pcoplc
Charitable acti111¢$ 209414
agTcd bLiiicLn 4 - 21 years atteiidingT across the )edr for various activitle5. The club still opcrate4 and has
maintaincd opcrating haiirs ot-9am - l Opm seven dd S a I4'eek and offers a dTOP-in service for tliose ihat waiit
safc and affnrdgble spaces as well our structurcd daily activities. Over the year we have seen a continued
7roMrth in all areas including thc grTrw'ing pnpularity, Ot" our female attcndecs whTch h&8 been a pthicular
focus ol. ours. We arc plLased to report that we have liad over l 00,000 vi.%iL% across the 12 months which
inLludes our i'oung p¢ople, partners and adults.
All ()f iiur acti.111c liave been SULcessful, aiid it %cen)s i¥'e hae the ribht bal¢mce of enjoyment and
devclopmcnt, but the dcmand is fiircver incrc&sing 'hICh puls J further slrdiii on resources. Our oulreacli
prograinme in schools and in particular the
FRENTrORD Y(IUTH CLUB TRI,'STF.F.S' RF,PORT FOR"I'HE YEAR ENDED 31 IIIARCH 2D25 FIP4A,c.lAL REVIEW R¢serTrc8 policy I'hc Trustees aim to maintain fr¢c reserves in Lnrestricted fund.% al a level wl)ieh equate8 to approximately thrcc months ol. uniestrict¢d expenditure. Tl)e 1-rublees consider that thi% Icvcl will provide siifficienr funds tn covcr unrestricted Sports ld recreational dLtii'ilies expenditure, supptsrt ad govcrnance costs iinplanned cmcrgency iepdir¥ diid Inciinrenance eypcndiiurc. 'lknt Ir1151ee5 rekieiled the depr¢cialiun polic) of the football pitch l&%t yLar. li w',Is being writtcn off ovcr 2 yedlS. The Irustees consider thL ITfc span of the pitch io be 8 years. Thc trusices therefore agreed to 'rIte off the pitch over the nexr two ycars and the pitch is ftillv depreciated in tlic current J'edr eiidcd 315t .March 2025. FIITURE PLANS The ncxi )ear ii'ill be muLh i)r the same but a focus on adding m()rc faciliries and major rcnovationE to xistingi areas around the building to ensure high standards arc n)aintaincd. P'inanLe5 11'ill preseiit challcngc 'ith ¢o%l of lii'ing being a real hurdl¢ for mans". fai11]eS who m.ant to send iheir Lhildieii to us. iK'-e will cthntinuc 10 subsidise these mosi in nccd 10 ensure they do not miss out but H'e ii'ill nccd suppon from funders and doni>is lu fin<ince thi5. STRU(TLTRE, C.OVF.RNANCE AND MANAGEMEprr Governin¥ dvLumeJJt 'I'he charitj LroN'¢niing documcni 1% a cir) Association model constitution rcgisiered with Charity Commission, dcfinded by Charities Act 2011. 011 3rd March 2023. I-he ubjective% of ,hICh the chdtil), ib establislied for Ihe public benLfit arL l(? help and educate boy% and girl. through dieir leisure time dctivili¢s and to develop their phsICal, rnLntal and spiritual capacities. The p()licy lif ihe "I rustees continue% to scck additional finance and support to continuc to run ihe Club. Recruitm¢nt and appointment of DeH' trustees 'I'lie existing trustees ar¢ r¢5ponsible lor the recruitinent of trustees. In seleLlingT neil, trustccs, scek to idenlilv peuple N,h(i aTe coinrnitted individuals ii'hobc views are aligned to (hc Lharity's vision in addition to being dble to uLTer relevt skills and expLfiLnce. Potential ttv%tecs arc invited to attend trusrees, Ineeiings lo mLel the Irustees aiid l)ave an iiifom)ttl inl¢rview and are given more details dbout tlie charits s aims and acliNities and. if all dbNree, thev are then propi)sed as neiv rrustees at the subseqiient trustees, meeting. This process dlloii's due consideration of ihe peTS()n'% Lligibility, persL)llcil competencc, specialist knowledge and skills. InYesttDeDt Puwer5 TIIL Truqt DL¢d authorised ihe I'rustccs tts makc and hold investments using tlie gcn¢ral funds orth¥ ChilFity, biit nn %uch invcstnients are presentl)" held. E'age 3
"RENFORD YOUTH CLLB TRLSTEES, RFPOR'I. FOR THE YEAR ENDED 31 ICli 2025 STRUCTURE, GOVERNANC. AND MANAGETrIENT Risk mallagetnellt ThL Tru%i¢es haille conducted a revieK¥' of the rnajor risks to w,hich the cliaTlty is exposcd. A Tif k register has becn cstablished and is updated at lea51 annuall¥. W'liere appropriate syslcms or pruLedures IiaN'e becn e%tabliqh¢d to miligaie t])e iisk. the chariti, face%. Intemal conlrul risks are miniinised by the inipleiiientalion uf procedures for authori5ation of all tran.qaction5. Prc¢eduies are in place to cnsure compliance M'ith health and saten, ot staff, I'ulunleers, clients and visitors to ihe chariry'g prcnii%e£. These iir¢ velting proccdure8 required by la. lor the piolection ol. the childrcn. 'I'hcse procedures il re periodically rLviewLd 10 ensuTe tliat they Loiiiinue 10 mcct thc needs of the ch<irity. RF.FFRF.NCE AND ADMINISTRATtVE DETAtLS Registered C'haritv numher 1202180 Principal addrcss Jack C-artcr Centre Tlie Drive Iltoi'd Essex IGI 3PS Trustees The Trustees named in the aeeounts bal'e served in the year. Mdrtin Denis Sulder Dr ll'aqq Naqi(j Cicorgc CJeorgliiou David Allen Pike Yasin Ahmed Patel l-he truslees 'ish to record th¢ir appTcLiatiun lif tli¢ consider<Trble adi'ice and support givcn tn them bv Essex B()J'% and Ciirls Clubs, Londoi) Yuuth, (JLPP & Sons Soliciiors, and our audilL)rs Prcstons & Jacksons Partner%hips LLP. Chief Exeeutivt Officer Irfan Shah (BA I Ions) BEM Othcr Mcmber5 Daniel C)liN'¢r IFIA HDns1 A%sistan1 Managerisenior Y(iuth Leader Sadia Kavaiii (sage Certilied, Yoiith Wnrk I,cwel 2) Office,, Neal Aklitar IBA IIc)1)51- Tr undraiserlFiiorball l)cvclnpmeni Ofticer Irlaii Qureshi IBA Hons1- Head of Mentoring Keith Hurst IMBA, MSc)- S¢nior Youth Leader Appreciation The Trustees Ould like to tak¢ thi% Iipportuiiitv to thank IT1, Daniel. Nedl and all the staff tor the day li) da}, running of Frenford, thc volunteers i¥.ho we Thould not survivL i%'ithoui. m8J)agemei)I comniitl¢e. l-hank you also tu thL an)a7.ing fllndCr for all il)e support and all our partners. e 'OUld also like to ihank duditors Prcbllins & Jacksons Partner51)ip LLP. Page 4
FRENFORD YOUTH CLUB TRUrnS. ' REPORT FOR THE YEAR ENDED 31 MARCH 2025 REFEKENCE AND ADM]NISTRATIVK DETAtL Audltorn Prestons & Jac1J0 Partnership LLP Statutory AudiknTS 364- 308 Cmbrook Road Ilford IG2 OHY Appmvod by (Yder ZG boqrd of on.........-......... ....... ...........,.. gnd Sign on its bebAlf by: Trustee % "rwiisL-Qts •cAVI d P,"I,, Pag¢ 5
FRENFORD YOUTH CLUB STATEMENT OF TRUSTEES, RESPOIYSIBILITIES OR THE YEAR ENDED 31 MARCH 2025 The triistees arc rcspnn%ihlc for preparing the Tru5tees' Report and the financial stdl¢Tnents in accordance 'ith applicablc law and lJnited Kingdom Accoiiniing Standards (United Kingdom Gcnerallv Accepted Accuunting Practice) including Financial Reporting Standard 102 "The Financial Reporting SIdard applicable ii) the UK and Republic of Ireland Charity, law r¢quires the Irustees io Prepare Iiniincial slatements for each linancial >'ear. Lrndcr ihai law, the Istees have electcd t(? prepare the financial slal¢mtrnts in accordaiice with Uniied Kingdom Cjenerally Acccpted Accounting Practice (United KinLdam Aecounlii)g StandaTds aJJd llpplicable law). Lnder charity.. law the trustees must not approve the financial statements unle%% they are satisfied ihal th¢y gille a true and fair vieM' ofthe state of affairs of th¢ charity and of the incomingT resources and application of resourLes, inLliiding the income and expenditu, of the charity for that pcriod. In preparing those financial 51al¢rnLnts, Ihe trustees are required iu %eleci suitable accounting policie% and then applv them con5lStLndy: ob5¢rv¢ the mcihods and principles In the Charities SORP. make judgemeiits and estimates that are reasonablc and prudent., stale whether applicable a¢couiiting standards have been follom'ed, subjcct 10 any material departures disclosed and explained in thc financial statement5. prepare the finanLidl slatern¢nts on tlie going concern ba5i% unless it is inappropriate to pregume that the charily will ¢unlinue in business. Thc tru8tce8 Lre responsible for keeping PToper accouiiting record5 ,1]iLh disclose with rea50nable aLciiracy at any time thc finanL1411 position of the charitv and to enable Ihem to ensttre that the linancial 51atemenls compl}, with the C.haritlL% Aci 2011 and The Charit! IAcLounls and Reports) Reuwulalivns 2UOS. They are also respon8ihle fTrr safcguarding the of thL' charit) and hei)ce tor takingl re&8L)nable 5tep5 foi th¢ prevention and dctcction of fTaud and other irregularities. Pag¢ 6
REPORT OF THE INDEPENDENT AIIDITI)RS TO THE TRLTSTEE.S OF FREfiTr"OliD YOUTH CLL B Opiniun WL have audited the financial statements of Frenford Youth Club (the 'char5ty') for th¢ ycar cnded I l March 2025 w,hieh comprise the Statcmcnt of fr'inancial Activitie5, tl)e Statcmenl of E".inancial Position, the Sratcmeni of C'ash Flow5 and notes to the financial giattrn¥ntb, inLludin&Y a sunimary of significani accoiiniing pulici¢s. 'I'he tinancial reponing frainework ihat Iiab beeli applied in their preparation 18 applicable lam, and United Kingdom AcLounting Standard.% (l Tnitcd Kingdom Generally ALLepted ALLOUnting Practice). iiicluding FinanLidl Reporling Siandard 102 'The Pinancial Reptsrting, Standard <ippIiLdble in the UK and Republic of IILland'. In tsiir opinion the fillcincial siatements.. give a true and fair *iew vl" the 5tat¢ of the cliarity's affairs ab dt 31 Mar¢h 2025 and ot- its incoining resourLets and dppIiLdlivn of resources, for the year then ended, have been properli.. prepdfL.d in dCLordance I][h United Kingdam C)cncrallJ' Acccpted Accountino Practice, including financial Rcpnrting Standard I V2 I'he F inancial Reporting StandpLrd applicablL in the UK and Republit of Ireland,; and have b¢¢n prepared in accordaiice with ihe requiTemcntE of ihc Charilies Act 2011. Basis for opinion We conducted our audit in aecnrdancc iviih Inrernational Srandards on Auditirig (IIKI {I%As (L,'K)} dnd applicable laiv. Our re8p(Jnsihiliti¢% under thosL 51dnddids aTe fi]rther described in tlic Auditors, rcsponsibili(ieb lur ihc audit of tl)e financial stalem¥nib beLtiDn ot. our report. We indepei)deiit of ihe Chclly in accordance witl) the eihical requiremenis that are rclcvant lo our audit of the financial siatemcnt8 in Ihe LIK, inLluding the FRC'S Ethical Siandard. and wc havc fulfilled our other ethical responsibilities in aecordance 1th ihese requirements. Ive belieije that the audit evidencc wc havc obiained 15 surriLienl and appropriate to provide a b&%is for our opinion. Con¢lu5ions relating to going conctrn In audiring ilie linancial blaleinents, we have concluded tlial the trusiees. use ul. the concern basis of accounling in the pr¢paralitsn Dr th¢ financial 5taiements is appropriatc. 1Sased on the 'ork we hai'e perfomied, we havc nnl idcntified an}, marerial iii)certainties relating to ¢v¢nt% or conditions that, individuallv or collcctivcly, ma}. cast si¥YnifiLanl doubt on tl)e cliarin s ahility to contiriue as a going concern lur d period ot- at least tw'elvc fflonths from when ihe financial 5tatei)ients are auiliorised for issue. Our responsibilities and thc rcsponsibiliiies of the irusl¢¢s with Tespecl to going concern arc described in (hc relrvant section5 of this report. Other information The trustees arL ILspunsibl¢ (ui the other information. The other infiirmtti(In LumpTises the infom]ation included in tlie Annual Repi)rL other than the financial stateinent8 and nuT Rcport of Ihc Indcpendeni Auditors ihereon. Our i)pini()n un the financial starements does not cover ihc othcr inforination and, except to rhe extent oihenvi%c explicitl}' slated in our report, we do noi express an). form af assur<Ce concliisiun iligreon. In coiincclion with our audit of tlie financidl sldltrmtrnl5. our respoiisibilitv is to read ihe other informali()n and, in duing SJ, consider ivhether tlie other inf(>miali()n is maleriallj. inconsisTent w'ith the financial %laliment% or our knowledge obtained in the audit nr nthcrwisc appears io be Inaterially misstared. It" we identify. Such material iT)consisiencies or apparent niaterial in1tatements, we are reqiiired 10 detetTnin¢ whethcr thi% givcs risc to a maierial mi55tatem¢nt iii the financial sratemenls themselves. If, e on the work M'e have performed. we concliide ihat tlierc is a material misstatement ol-this other infOrallon, are rcquired lo report that fact. We have nothiJ)g to rcport in this relYd. Pagc 7
REPORT OF TIIF. INDF.PF,NDENT ALDITORS TO THF. TRLTSTEES OF
liRENFI)RD YOLITH CLbB
atters on which we are required lo report bi cxceptlOD
We have nothin¥ tc) repi)rt in respect of (lie tollowing iiiatters w'here the Charities (Accouiiis and Reports)
Rcgruldliuns *008 requirc% u.E to report io vou if, in i)ur opini()n'.
the inforniation given in the tru8teeE Repurt is inconfi%lent in any material respect i¥'ith ihe fiiiancial
tatcments, or
%urri¢i¢nt aceounting records liavc not bccn kept.. or
the fiiiancial stat¥meiit5 are not in agr¢ement ivith the acooiiiiting record5 aiid returns," or
'c have nol received all the information and explanaiionb we rcquire for our aiidii.
Re5ponsibilitie4 of trustces
As e.xplained more tully in the Siatenienl of "I rustce%' Responsibilities, Ihe trustee5 ari rL.%p()nsible for the
preparation ol. th¢ findnLi
REPORT OF THF. INDEPENDLiNT AUDITORS TO THF. TRUSTF.F,S OF
FRENFORD YOiiTH CLLB
Our reSPODsibililics fnr the dudit of the financial statementq
Wc have been £ippointed L% aiidit<)r.% under Scction 144 of the Charitie.% Act 2011 and repi)ri in (ILLurdan¢¢
with thc Act and relevant regulation rnade or having effeLt thereiind¢i.
Our objeclivtrs dr¢ lu obtain reasonable sUraj1£e about heihLr ihc financial statemen(s as a i¥,htsle arc frcc
from iiialeTldl missiatlment, whether due to fraiid or crrDr, and to issue a Kepon of the Independeiit Auditors
that include% Dur npinion. Reasonable assui.ance is a higli leN'cl of assiirancc, bul is not a guarantee tl)at an
audit condu¢t¢d in accoTdance I.1h ISA% {IIKI i¥'ill always detect a material misstatemLiII whcn il exists.
Missiatem¢nts can arise froin fraud or err(Ir and ar¢ considered m1( terial il-, individually vr in 11)e awe¥Tdle,
they ci)uld reasonably be expecled to influence the ¢¢onviniL deLiSion5 01. Iisers lakcii on thL b&is of ihese
fiiiancial slalementb.
The Cxtent to which our proLLdurL% ar¢ capable of detecting irregularitics: incliiding fraud is detailed below..
lrrcgiilcl1iVS, including fraud. arc iiislanLts of nun-complianc¢ Nvith laivs aiid regulatÉun%. WL id¢ntified ]d
assLssed the risks ot" niaterial niissiatenient of thL fIn(la1 slatemenrs from irregulaTItICs, M.heiher diie to
fraud OT LfT()r, and discussed these beiiN'een our audit tcaTn members. Mfe then designed and pcrformcd audit
procedures responbive IL) thost risk5. including obtaining audit ei'idencc UffiCient and appropriate ro provide
a basis for our opinion.
Wc obidined an undcr%tanding of ihe leiT'
and regyulatury fvamework withiii H,hiLh thL Lharil), operates,
foLusiiigT Lln tho5¢ laTh's and regulations thai Iiave a dirLLI ¢ffL'LI on the detennination of maicrittl amounts and
disclosurL4 in the fill£1a1 STatements. The la.9 and regulalinns li'e considered in this context wcrc the
Comp1< nies Act 2006 togyether with Ihe Ch<irities SORP (FR8102). Ive asscssed Ihe requir¢d ¢onipliance ith
Ihesc laws and rcgulalinn.% a.8 Pan of our dijdit prcicedure5 on the rclaTed finanLliil slaltment itenis.
In
RF.PORT OF TIIF. INDF.PF.NDF.)T AIIDITORS T() THTr: 'I'RUSTEES OF FRENTr"()IiD YOUTH CLUB A furilieT description of ovr responsibilitics far the audir ot- tlie finc2ncial %latcmcnts is locared on the FinanLial Reportii)g Council's l¥tbsiie at w..frc.Org.u.'audl1vrrtSpoI15ihilitlQS. This description fornis part of our Report of the IndcpcndLnl iluditors. Use of our report Thi5 rep(irt is niade solely to the cliaritv's trustees, as a hndy. in accord£ince with Part 4 af the Charities {ALLounls Reports} Regulations oog. Our aiidit ii'ork has bccn iindLrtaken sn that migl)t SlLlte ro the charity s trusiees those maller5 e are required to stale to tliem in an aiidirors, rcport and li)r no other purpose. To the I'ullesl extent pcrmittcd laii,, i¥'e do noi accept or as5unie responsibility to anvone tsiher than the charity and ihL charity's trustees as <1 budv, for our audit wark. lar this report. L)r fc)r ihe npinion5 we have toniied. Prestons & JaLksons Partncrship LLP Statuloiy Auditlir 364 - 368 Cranbiook Road Ilford Essex ICI? 6HY Dale.. Page 10
FREf* FORD YOUTH CLtiB SI'AI"EME.NT OF FINANCIAL ACTIVITIF.8 FOR TIIE YF.AR ENDED 31 MARCH 2025 31.3.25 31.3.24 Total funds Unrestrictcd Restricied funds funds INCOItrIF. AND ENDOWMENTS FROM Donations and CJranL5 9,615 235,218 244,833 275,263 Charitable activities Charitable Activities 512,912 $12,912 593,759 Invc.%tmcnt income Othcr inLome 2,946 20,661 2,946 20,661 3.489 li,)65 Total 546 134 23.5 21¥ 781 352 888.076 FXPEliDII'IIRE O.N Raising fund 38,727 38,727 44,481 Charitablt attiTr'ities C'.harii<ible Acti.tIe Governance C'.0sts 527,344 152,867 671,891 1.199,235 152,867 1,281,233 25.112 Tntal 718938 671891 1,390,829 1,350,826 NF:T INC.OMEI{EXPENDITLRF.} {172,804) (436,673) {609,477) 1462.750) RF.CONCII.IATION OF FUNDS Total fuiids brouglit li)r.rd 693,742 436,673 1,130,415 1,593,165 TOTAL FIINI)S CARRIED FORII:ARD 520,Y38 520.938 1.130,415 'I'he notes lom) part of IhLSL financial statements
FRE]NFORD YOEITH CLITB STATEMEN I. OF FINANCIAL POSITION 31 I¥1ARC.H 21125 31.3.25 31.3.24 Notes FIXED ASSETS TdllLTible dsseis 177,319 626,522 C:IIRRF.IIT ASSETS Debiois Cash al bank and in hdnd 62,811 287,194 121,711 397 450 350,005 519.161 C.RF.DITORS Amounls falliF)¥ due Mithin one year 15 (6J86) { l i,268} r*ET CURRENT ASSETS 343,619 503.893 TOTAL ASSETS LLSS CURRENT LIABILITIES $20,938 N F.'I- ASSF,TS 520,938 1,130,415 The notes forni parl ul. these tinancial statements Page 12 continued.
FRENFORD YOUTH CLUB 8TATEhtENf OF FINANCIAL posrrtON- ntInUed 31 MARCH 2025 17 General fund Unrestricted Ik51ted Fund5 395938 125 323.742 370.000 520 693 742 Restrithd fvnds: Restricted Fundy Restriet¢d Capltsi 1.500 435 173 436 673 TOTAL FtJNDS 520 1130415 ial statements were approv¢d by the Board of TTUStees #JMI authorised for IUe on Ioty............... and were sign1 on its behalf ty: Tr4tre é ' rYio(b ThfLis SoLdo. t¢e ALlen P,'ke Thc notes forni part of thes¢ financial ststcnKnts ' PA8e 13
FRENTrORU YOUTH CLUB STATEMENT OF CASH FLOWS FOR THF. YF.AR F.NDED 31 MARCH 2025 31.3.25 31.3.24 Notes Cash flows from operating gttivilies C.a%h &Tcncrdtcd frnTn opcratii?ns rinance costs Patd (108,457) 4,745) (829) 6,324) Nel cash used in operati] activities 113,202) (7,153) Cash flvTrvs from illvestiDg atlivities Iiiterest recetved 2.946 N¢t cash PTovided b), ini'e5ting activities 3.489 Chang¢ in cash cash equivalents ill the reptsrling period Cash #nd eash equiTr'4lellts at tbe beginning of the reporting ptriod 1110,256) 13,604) 397,450 401.114 Cash and cash equiyalents at the eDd of the repurting period 287 194 397,450 The notes forni part ofthese financial stdtemenl5 Page 14
RENFORD YOUTH CLUB 'OI'E.S TC) THF. STATELMEliT OF CASH FLOWS FOR TIIE YEAR ELNDED 31 MARCH 2025 RECONCILJA TI()N OF YF.T EXPENDITITRE TO NET CASH FLOW FROM nPF,RATIPiG ACTivfTTF.S 31.3.25 31.3.24 -Nel expeDditure for the reporting period (d* per the StJ¢ement ol Financial Actii'itic5) Adjmstmenls for: Deprcci3tion charg.cs InteTest received Finai)ce Costs Decrec?se in debtors Decrease in crediiors (609,477} {462,750) 449,203 (2,9461 4,745 58,900 8,882) 445,339 (3,489) 44,527 130.780) Net cash Used in oper#tions 108,457} ANALYSIS UF CHANGES IN NET FtTNI)S At 114124 Cash flow At 3113125 Net cash Cash ai bank and in hdnd 397 450 110,256) 287,194 397,450 110.2561 287,194 T(Jt31 397,450 (110,256) 287,194 'I'he notcs forni part ot'these tinancial siatements Page15
FRF.NFORD YOUTH CLUB NOTF.S TO THE FINILNCIAI. ST ATEMF.NTS FOR THE YFAR ENDED 31 MARCH 2025 ACCOUNTJNC. POI.ICIFS Basis of prepgfing the financial statements The financial ftatcmenls ol. the Lh11>,. ii.hich Ès a public beiiefit entiti, uiidcr FR8 102, have been prcpared in accordance with th¢ Chariiies SORP (FRS 1021 'A¢¢ouniinbT and Kepi)rting by Cliarities.. 8tatcment of Recommcnded PractiLe applicablc to charities prgpaiing their accouiits in ac¢urd<LnLe with the Finaiicial Reponing %iandard applicable in rhe UK and RLpublic of Ircland (FRS 1021 (el"l¢¢tive l Januari. 2019),, financial Reporting Siandard 102 'The Financial Reporring Sidndard appliLable in the UK and Republic ot. Ire14d, and Ilic C.'liaritics Aci 2011. I"he financial %tatcmcnts have bLLn prL'pared under the historical Lobl LonN'cIition. (Toing Coneer The Boaid has Fegwistered thc C'lub &% a CIO (Chariiable Incorporatcd Organisation) with C.harily Comii)ission on .3rd March •0*3. All assets aiid liabilities have been transferred to th¢ CIC). -l-he trustces confirmed that they have sufficicnl fund% to operate for the iiLxl Iwelve iiionths. In addititsn. the). haN'e thc support of the Ii)cal communities, busin¢ssts and other organisations. The Board ot" Trustees are confidcnl ta be in Dperation for the foTeseeablc fuiuTe. For these r¢asons, the accouiits have been pr¢pated L)n a going conccrn basis. Income All incoJne is r¢¢ognisgd in Ilie Statcment nf Financial Acliviiies once IIiL cliaril!. lias entitlemeiit t the funds. it is pri)bablc tliat Ihc income w'ill b¢ r¢c¢ived and (he amouiit can b£ measured r¢liablJ. Donalions. I'his conipTises all incoming reOurcc% frnm donations from individualb llnd Corrate urLFani5alioiis wl)ich aTe rcoogrnised un a receipt bas1S. Dcfcrred Income.. Donations and grdnls giveii to the charity Ihat rclattts Iv future accounting pcriod5, the inLome is deferrcd until tho%e periods. Investment Income Iiivcstment Income Lomprises of interest rcc¢ivat)le. Expenditure Liabilities arc recngnised as expenditure as soon a5 there is a legal or con5tTUCtil'L obligation Lummitiing the charity to tliat txpendilure, li ib probablc that a tr)ster of eLononiic benefits i¥'ill be required in settlement and thL aini)UTlt of the obligation be nieasured reliablTr. Exp¢ndiluTe is accounted tor on 7n accn]818 hasi% and haf been classified undcr hLadings that aggrcgatc all LDSI related lu the LaleLNOry. Wlicrc costs cannot be direcrly artribiitcd tn particiilar headings thcy havL hL'cn dlluLdttd Lo activities 011 a ba515 COllSlStenl u.'iih thc usc of Ic%ources. c.haritable actii-ities Tliese are costs associatcd with thc provision of charitable projcLt% and deN'elopment progTramm¢s as elaburiiied on in thc trn%tee%' report secrion. Thege incliidc bath direcr tosts and suppoi'l L()%1% relating tu thLse actiN'ities. CiOTr'ernanee costs Govern<inLtr supporl cost% arc allaeated on the basis of 5UPPi)rt actil'ilies provided on clearly intiry)rcied governance matter5. PaL7e 16 coniinued.
FRENFORD YOUTH CLUB IYI)TES TO THE FINANCIAL ST ATEMENTS - continued FOR THE YEAR ENDLD 31 P¥L4RCII 2025 AC.COUNTtYG POLICIES- continued I'angible fixed assets Depreciation is pi(>vidLd at the folluii'ing ¢nual rales iii order to write off eacli asser over its estimaled useful life. J8¢k Carter Centcr Improvement5 to propcrty. Fixliir¢s a]id fiitings 20/0 on cE)st Straight liiie over 20 vears IOO/o on reducing balance Thc footbal pitch was previ011sly depreLialed over 20 yedrb. lli¢ trustees hai'e re.iewed this aiid decided it %liould bc dLprcciated oi'er rhe lifL l)f thc pitcl) which is 8 y¢ars. It was ihcretore agreed to depreciate the pitch oi'er the next 2 }'ears hleh ii.ill COTnpleic Ihc 8 }'caT lifc c}cle. 'I'he pitch has been fiilly depreLiaied in the tutrent year elided 3 1st Mch 202_5. TaxalioD Frcnfnrd c.lub5 ifi recogniscd as a Charity bw H M Reveniie & CustOTn and therefnre benefits frnm certain cxeinptions froin taxation on income and gains, tLI the extent thcj are applied for chariiable purpos¢5. No tax charges have arisen in Frenford Club%. Fund #£¢ountillg Unrgb(iiLted funds can be used in accordance with the charitable objectives at rhe discretion ()f thL trustees. Restricted funds can onlv be used for particular rcstrictcd piiry)otseb within the objeLts of the charit!. Re8tri¢tions arise Hhen specified by the donor or 'hen funds are rai.ed for partieulaT restrictcd purposes. Furiher explanalitsn uf iht ndlure purpose of each lund is included ii) the notes to tlie flliancial statements. D0Tr4A Tiof4s AND GIL4NTS 31.3.25 31.3.24 CJrants 244.833 27i.263 Page 17 continued...
Tr"RE,FoRD YOITTH CLUB NnTF.S Tn THE FI)ANCIAL STATE.MENTS- Continued FI)R THL YEAR ENDED 31 MARCH 2025 DONATIONS AND GRANTS- contlDued Unrestricted Restricted Total Tot¥1 Granis and Donations 31.3.2024 31.3.2024 31.3.2024 31.3.2024 tientfdl l)oiiation. F'ootball Foundation l)eal for Yoiing People Communiry London - Cost of l.iving Fund other l.()nd()n Marathoii The MilliLin Flours Fund - Communit l-.und 9,61.5 9.61.5 29,358 12,800 80.000 80,000 32,Qnl) 156,888 17.500 130.800 17.UOO I IU,800 17.000 7.418 7,418 26,717 Total (7rants 9,615 235,218 244,833 275,263 II%VESTMF.NT INC'OMF: 31.3.24 Deposit account interest 2,946 3.4¥9 Ili C:OMF. FRC)M CIIARITABLE ACTIVITIES 31.3.24 Actiillilv Charitable Activities IncoTne Charitablc Aclii'itie% 512,912 593,759 Incon)e, included in rhe above. are a5 follo,5.. 31.3.2_S CJLnLral Fooiball IU,262 183,208 73,511 20,172 37,IR9 18,679 7,273 5,399 57 119,577 148,91) Cricket Iladininton Ilaskct Ilall U21 Aiiiiual Meinbership Keep Fil and Yoga Residential Cnur%c% 34,048 15,981 13,706 3,106 Carried foni'ard 357,95 367,536 Page 18 continued...
RENTr'ORD YObTII CLLIB r4oTES TO THE FINAN'CIAL %I'ATF.MF.IYTS- continued FOR THE YEAR ENDED 31 MARCH 2025 LNCOME FROVI CHARIT,IBLE AcrtvrrJF.S- continued 31.3.25 Broughi forward Outrcach Work Dance CJri)up Others Table .1 ennis artial Arts Pool Disabled MulliSpi)rt I l-A-%ide A%tro MSA Women Registraiio 3%7,950 367,536 88,275 716 43,428 2.017 654 27,190 2,970 1,484 79,903 3.501 85.580 6.207 512,912 593,7.59 All the abovc M'crc income generated from Lhatit¢ibl¢ activities ii) the ye. 114ISING Fuf4DS 31.3.25 31.3.24 Staff costs 44.481 CHARITABLF. AC.TIVITIES COSTS Support Lost8 {%ee note 7) DircLt Cost5 'rolals Charitahlc AciiN'itics Governance Costs 1,192.119 7,116 127,452 1,199.235 152,867 1217 534 Page 19 Lonlinued...
FRF.NFORD YOUTH CLLB
NOTES TO TIIF. FINANCIAL STATEMENTS - continued
FOR TRIE YEAR ENDED 31 MARCH 2025
8I,'PPORT COSTS
Govenianc
costs
Charitable Activilics
(i()vemance Costs
7,116
127,452
134,568
AUDIT(IRS' RmL£KATIOTrl
31.3.25
31.3.24
Fees payable to the ch
FRENFORD YOUTH CLLB NOTES TO THE FINANCIAI. STATEIIENTS- Lontinued FOR TIIE YEAR ENDED 31 VL IARCH 2025 il. COMPAKiTIVES FOR THE .STA TF.MF.NT OF FINANCIAL ACTIIqTIF.S 3J.3.2024 L'iir¢slriLlcd Restricted funds Total funds Ib'COML AND ENDOWMENTS FRONI DoIiatioiib aiid CJran(% 24.5,905 275,263 C.haritablc activitits C'haritable ALlivili¢s 593,759 59.3,759 Inve%lmLnt inLomc Other incthine .1,489 15.i6_ i,489 l i.565 T(Trtal 642.171 45.905 R88,076 EXPENDITURE ON Raisiiio fuiids 44,481 44,481 Charitablc ictivitie.% ('.haritahlL Activities Cjtsvcmance (.'()stS 601,656 679,577 1,281.233 ?5,112 Total 671.249 679..$77 1 350,826 T+IET INCO.MLI(EXPENDITURE) {29,078) (433,672) {462,75(1) RECOP*'CILIA TION OV fr UNDS Total funds broughr fonvard 722.820 870,345 1.593.165 TOTAL FUNDS CARRIF.D FORWARD 693,74? 436.673 1,130,415 Page 21 cnntinued...
FRENFORD YOUTH CLIJB NOTES TO THE FINA(..lAL s'fATEME,NTS - continued FOR THE YEAR Ef4DED 31 MARCH 2025 12. KEY MAYAGLMENT PERSONNEL l-he Key Manageineni Pcrsonncl ib con%idcrcd to be the Board of Trustees. 13. TANGIBLE FIXF.D ASSF.TS Jack Carter C'.enter Improvements Fixturcs to and prnpertv littings -J'otals COST At l April 2024 and 31 March 2025 94,030 1,021,642 3UJ,006 1,418,678 DEPRECIATION At l ApTiI 2024 Charge for y¢ar 243UI $86.471 435,171 181,4114 792,156 449 203 Ai 31 Marcli 2025 26.081 1021642 193,636 1241359 NET BOOK VAI,Ilb. At 31 MdfLh 202$ 67,949 109,370 177,319 Al 3 1 March 2014 435,171 121.fj22 626,522 14. DEBTORS: AMOLINTS FALLING DLE WITHIN OF4E YTr.AR 31.3.25 31.3.24 l-rdde dLbturs 62,811 15. CREI)IT()KS: AVIOUNTS FALLING DUE WITHIN OYE YEAR 31.3.25 31.3.24 Trade creditors Taxation and social seLutity Other crediii)rs ,121 1.609 135 109 15,024 6.386 15,268 Page 22 continLlCd...
FREIYTrOIID YOUTH CLUB NOTES TO THE FIiYANI:IAI. STATEMENTS- cuntinued FOR'I'HL YEAR ENDED 31 MARCH 2025 16. ANALYSIS OF NET A8.%F,T.g BF.TIN:F.F,N FUP*'DS Unreslri¢ted ResiriLled funds TLital funds Fixcd assel Curreni &8set Current liabilitics 177.319 350.005 6.386) 177,319 3SV.OU 10,3861 626,522 19,161 115,268) $20,938 520,938 1.130,415 17. MaVF.MTr.NT IN FtiNDS Re51rirtcd FuDd5 BalaDce 1st Jlpr 24 Incoming Funds Outgoing Funds Balance 31.st Mar 25 Others - See helo 1,500 ?35.218 (236,7201 St2)d1M Proje£t 4)5,173 1435,171) 436,673 2J5,218 671,8911 Stadium Project: The sladium projecr h1< s been fully dcpreeiaiLd in the vear. There are no restricted funds carried f()Tivar(l as at 31 # N4arch 2025. Other Restricltd TruT]d.% 31.3.2S 31.3.24 Brucc Wake Charitable Trust 1,500 St#<Jium Funds- C2 ital Asset 31.03.25 31.03.24 riOOtball stadium - NHV- Notc 12 435.173 435,173 Pa¥e 23 coniinued...
FRLNTrORD YOUTH CLUB NOTE,S TO THF. FINANCIAL ST ATE.VIENTS - continued FOR TIIF. YEAR E,DED 31 LURCH 2025 17. MOVEMENT IN FUliDS- eontTnued Lnrestricted Fund5 Balanee 15tApr24 IDcomiDg Funds Outxning Transfer Balance 31st Mar 25 General Funds 32.3.742 546.134 1718,918) 24.5,OOQ 395,938 De5ig5Dal¢d Funds- Building RL'n()tratioii 180.000 {180.000} Dc.8ignalcd Fuiids Pitch Replacement 190,000 (65:OOOJ 125.000 693,742 546,134 718,938) $20,938 Included iii General Funds are £395.938 01. free reserves. RF.LATED PARTY DISCLOSURES Tlierc were no r¢lated Pdrt). Iransaciions for the year ended 31 MdfLh 202.5. Pagye 24