39 39 YOUTH CLUB TRUSTEES REPORT FOR THEYEAR ENDED 31" MARCH 2024 li, 39 Youth Club Clvjrch Path. GI•ThB Stre4t. Bc#JMr R•g*, P021 IDB E-mail in '.113 Registered Chanty No. 1202626 outh
39YOUTH CLUB LEGALAND ADMINISTRATIVE INFORMATION Trustees Mr 8 Angell Mr S Goodheart Mr C Cook Ch81ity Number 1202626 Registered Offic• 39 Youth Club Church Path Gl8mis Street Bognoi Regis P02110B Infjependent Examiner Mrs P Forde Sense ol Number8 Leigh House Varley Street Pudsey Leed8 LS28 6AN 39Youth Club Accounts 2023-24 2of14
39YOUTH CLUB TRUSTEES REPORT The trustees present their annual report and financial statements for the year ended 31 March 2024. The financial st8temenis have been prepared in 8ccord8nce with the accounting policies set out in note 1 to the financial statements and comply with Ihe charity's governing document. the Companies Act 2006 and"Accounting 8nd Reporting byCharities- Statewnent ol Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ot Ireland IFRS 1021. (effective 1 January 20191. Oblectlv•8 and actlvltl•¥ The objectg of the CIO ere to 8dv8nce in life 8nd reliev8 needs of young people through: 181 The provlslon of recreatlon81 and lelsure tlme 8Ctfvr(leg provided In the interest of social welf8re. designed to impiove their conditions of life. Ibl Providing sUPPOrt and activities which develop their skills, capacities. and capabilities to enable them to Participate in gociety as mature and responsible Individuals. PubU¢ b•n•flt The trustees have paid due regard to guidance Issued by the Charity Commission In decldlng the activlties of the charity. Achl•vem•nts and pertormanc For the last two year5 we have been tran3lerrSng funds and assets from the orlglnal "The 39 Club. charity which leased the annexe of the Find It Out Centre in Bognor Regis. In April 2023 we founded "39 Youth Club" as 8 charitable incorporated org8nisation 8$ Part of 8 processro take on a 25-y8ar peppercorn leaseforrhe whole site from West Sussex County Councll. Wo ran all the sossions we could in the annexe until the transf8r1888e w88 complot¢d in Novembar 2023. Unfortunately. a leak in the annexe roof meant that W8ter compromi$ed the original wooden be•ms supportingthè roof and for the moment we have had to close ilils parl of our buildin8. Projects originallyfunded for"The 39 Club. continued whilst we tiansferred tunds and employed ytaff followin8the sudden closure of Sussex Club5 for Young People in June 2023. With a short gap of 2 weeks, we were able to reopen in July 2023 providingyouth clubs with our team ofthree part timeyouth workers. We currently run 5 8e88ions a week, 4 at our building and 1 in Felpham Parish Hall. The onsite sessions continue to groi*V, and the young people heve been actively helping us choose colours for the well$. new furniture ond equipment, ond working on a logo for the new eharity. Duringthe 18St yearwe gaw a Tise in attendance and number8 ofyoungpeople engaging in activities at 39 Youth Club although a reduction at Felpham. 39 Youth Club Account8 2023-24 3ot14
39 YOUTH CLUB CLUB SESSION SEPTO DEC 23 UniqueYP JAN TO MAR 24 UniqueYP Cont8Cts 39 Youth Club Mondays 44 39 Youth Clubwednesdays 27 45 180 FelphBm Frid8yS 26 13 50 In tot81 we registered details for 109 unique young people wilh 767 8ttendances. Some young people attended multiple club sessions in the sarne week. Contacts 49 116 Over Easterwe revamped the premi8e8Wlth lots of painting and cleaningsupported by staff. volunteers. trustees. local trade8m¢n. Rotari8n8. parents. and young people. Working with West Sussex County Council and Atkins Realis we 8re in the middle of carryingout surveys, making plans. and raising funds to complete a revamp of the youth centre to allow us to develop the building for young people. Re80tves poll¢y The trustees have considered the required 18vel ol reserves, appropri8t8 to the charity's need. The aim is to hold 3 months of general expendlture as a reserve and sufficient to manage the orderly closure and reduction in $18ff when projects cea3e. This is based on the charity's size and the level ol financi81 commitments. The tru$l6e$ aim to ensure that the charity will be able to continue to fulfil its charitable objective even rf there is a temporary Shortfall in income or in¢re8se in expenditure. The trustees endeavour not to set aside fund8 unnecessarily. At the end of the year the ch8rlty had a tot81 fund value ot E42.076. The free reserve of the charity w8s E18.089. Structure, governance and man88ement. 39 Youth Club is a charitable incorporated org8nlsatlon reglstered 8s 8 ch8rity. It is regulated by the Charity Commission. The charity is governed bya b08rd of3 trvstees who oversees the work ot the Charity in the public interest in accordance with the ch8fltable objects and powers contained within the constitution. The trustees have responsibility for setting th8 strategic dlreetion of tho charity. ensuring that proper linanci81 èrr8ngement8 are in place. and ensuring that 39 Youth Club remains focused on delivering 118 OUteome$ for the benefit of th8 publi¢. The trustees confirm that they have referred to the Charity Commlssion's guid8nce on public benef it 8nd the Charity Governance Code (for smaller charities). In 2024125 the bo8rd intend8 to continue benchmarking its governance against the principles in the Charity GoveTnancB Code. New trusiees wlll recefve an induction to brief them on their responsibilities, the charity's str8tegy 8nd business p18ns. Bnd key 8ctivities. Trustees 8re offered the opportunity to attend additional training events. The trustees.who are 8180 rh6 directorsforthe purpose of Company taw. and who served during the year and up to the date of signature of the financial statements ¥¥ere- MT BAns811 Mrs Goodheart Mrc Cook Managing Ri#k 39 Youth ClubAc¢ounts 2023-24 4of14
39YOUTH CLUB We anaLyse fi8ks to the eh8rity at our board meetings. The topfoui risks on the charity's risk r#8lster. alongwlih summèry mitiytions. at th8 énd of 2023114 flnBncial yeorwere 83 followa- MITIGATING ACTIONS RISK Insufficient Income I fwdingio run ih eh8riry at currently planned levets. Remain flexiLle. Review staffing. Diversify In¢¢rfne. Explorè newlunding8trèam8. Ch8nge in local. reoond. or national policy Ir8meworkthat may impgct operatrons. T[e8$ staff to keep informed ot char8es Jnd review ret8gy gnd processes. InGre8•• In mor• eompi•x noeds and demand for 8erviG•$. Recruit and delop statt and volunt•rs. Ensure cop8GIIy 18 mJW18<gd rigorously. 39 Yourh Club operètlrrf mo(lel w lon8er Ilt tor purposo. Keep stratow undèr rèvl•w at board me8ting5. D•olaratlon ol b•n•fi¢lal Int•r••ts No trustees have any ben¢ficial irrt•ra8t8 In th• charlty. The zrust8es' rekvrt wa pprtr4ed ty the Board ol Tru8teg•. Mr B Ansell Ch¥ir 8th lur)8 2024 39 Youth ClubAGcountJ 2023-24 Sof14
39YOUTH CLUB INDEPENDENT EXAMINER'S REPORT I report to the trustees on my examination ol the linanci81 stoi8menls 0139 Youth Club Ilhe ch8rityl lorihe yeor ended 31 March 2024. A•sponsibilitl•$ and b•1 ol r•p As ihe IfUSt8es ol Iho charity land also its dlrectors lor the purposes ol company18w} you are responsible for the prepar8tlon ol Ihe linBncial slBtements in aeeordgnce wlh tho requirements ol the Companies Act 2006 (the 2006 Act). Having s8ti$fied myself th?t the financl81 siaiemoni8 of ihe ch8rity are not requiraa to be audited undei Port 16 of the 2006 Acl and are eligible lor Independent examination. I report In respect ot rny exBminelion ol the charity's linoncial stBtam8ntS C8rrled oui undei seciion 145 of the Charities Act 2011 (the 2011 Aet). In e8rryingout my e¥gmingtion I have followed all the applicable Dir¢¢tions 8iven by the Chority Commission under section 14515)Ib) of the 2011 Act. Ind•p•ndent •x•mln•r's ts1omwrt I have completed my ex8min8tion. I confirm that no matters hove come to my attention in ¢onne¢tion with the examination givlng me cauge io belleve that In any material respect: 8ccountin8 records weré t1 kopt in respoct ol the charity85 roquirod by section 386 01 tho 2006 Act: or 2. the financl81 statements do notaccord wilh thos8 rac(wds: or 3. the Ilnon¢ial statements do not complyith Ihe accounting requiT8mant$ ol section 396 01 the 2006 Act other than arly requifement Ihat the accounts give 8 tnje and lalr viewwhieh 15 not a m8tt•r considored 0$ Pgrt of an Independent examination,, or 4. the Ilnancial staternents ho not been prepared In g¢cordance Yth the methods and principles ol the Statemont ot Recommended prtICe lor accounting and reporting by chartties applieableto ¢hariii¢s preparing their accounts in è¢cordgnce with the Finant18l Reportlng st&ndrd ogplicablg in the UK and Republic ol Ireland IFRS 1021. I have no concern8 and h8ve come 8¢ross no other m8ners in connection with the examination to whi¢h oneniion should be drawn in Ihis report to enable a proper undeTSt8n¢Jing of the financial 8tetements to be reached. N4rn• Mr• P Ford•. MIABAAT L•v•l I $•n of Numb•rd Ltd Adaress Lelgh House. Varley Street. Pudsey. Leeds LS28 6AN Signature Date 2 rJl) Zoa4 39Youth Club Accounts 2023-24 1 60114
39 YOUTH CLUB STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOMEAND EXPENDITUREACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Fund• 2024 Fundi 2024 Notes Ineom•from: Donations gnd legacieg Oth¥rtiadingwrtlts 27.61x1 59.103 e6.703 5.260 Invesimeots Totsiincom• 1•,11Ja 91.9n on., RalJinqiund8 Ch8lltabie actwfties 41.230 4.2 22.D19 23.648 45.667 Ttytsifxp•n41hur• Contrlbutionate core lancosts 11.488 N•tln¢wn•ll•xpwthiur•l •nd fflov•rn•fitlnlund• 18,0•• 21917 •The111•114fi #tlund•: Chèiityarted 5°Apri12023 luno b3nceS 1 •ri12023 lunl •1•4831 M•rch 2024 18.08• 2J.#7 Th8 Statement of financial activities includes 811 gains and1088e8 recogni$ed in the year. All Income and expenditure derive from contlnuing activities. This is the first year of operation and there are no prior years for consider8tlon. 39 Youth Club Accounts 2023-24 70114
39YOUTH CLUB BALANCESHEET AS AT 31 MARCH 2024 Not•• DOlXOt Cath4ltsnknd Inh•r Cwr•nt Ii•t4kn11• 4T1.14 Tot•lCr•thw• •tttrietth4ineIund1 UN••iilctdfuhd• 23.gJ? The linancial JtotomentJwer• opproved tythe tru8tooJ on Jun¢ 2024 MrCC4xk Socret•ry Charity Registration Numb&r 1202626 39 Youth cLUbAccnt8 2023-24 8of14
39YOUTH CLUB NOTESTOTHE FINANCIALSTATEMENTS FOR THEYEAR ENDED 31 MARCH 2024 1 Accounting policies Charity Information 39 Youth Club is a charitable incorporated organi8ation registered as a charity in Engian(J and Wales. The registered otfice is 39 Youth Club. Church Path. Glamis Street. Bognor Regis P021 1DB. United Kingdom. 1.1 Accountlng conventlon Th8 financial siatement5 h8v8 been prepared in accordance with the charity's governlng document, ond the Charities SORP"Accounting and Reportingby Ch8rities- St8tem8nt of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reportlng St8ndard applicable in the UK and Republic of Ireland IFRS 1021" leffectlve 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102. The fin8ncial statements are prepared in sterting. which is the functional currency of the ¢h8rity. Monet8ry amounts in these financi81 staiement$ are rounded to the nearest £. The financlal 818tement8 have been prepared under the historical cost convention: the principal accounting pollcle8 adopted are sei out below. 1.2 Golngconc•rn. At the time of approvlng the financial Statements. the trustee$ have a reasonable expectation that the ch8Tity h85 8dequ8te resources to continue in operational existence for th& foreseeable tutura. Thus, thè irustees Continue to adopt the going concern basis of accounting in pieparing the linancial statements. The trustees accept there 18 increased uncertainty but given the track record of the organisation to provide soclal imp8Ct to its beneficiaries. they believe that there are no material uncertainties about the Charlty's ability to continue as 8 going ¢oncern. 1.3 Charft8bl•fund8 Unrestricted funds are av8i18ble for use 8t the discretion of the trustees in furtherence of their charitable objectives. Restricted funds are Subject to speciflc condttions by donors or grantors as to how they m8y be used. The purposes and u¥es of the restricted lunds are set out in the notes to the finoncial statements. 39 Youth Club Accounts 2023-24 9of14
39 YOUTH CLUB NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Designated funds are set aside bythe truste8S Out of unrestricted general funds lor specitic purposes or projects. 1.4 Income Income is recognised when the charity is legally entitled to it 8fter any pertormance conditions have been met, the amounts can be me8SUfed reli8bly. and tt is probable that income wlll be received. Cash donations are recognlsed on receipt. Other donation8 8re recognised once the charlty h88 been notified ol the don8tion unless P8rtormanc8 condltions r&quir8 d8f&rral of the amount. Income tax recoverable in relation to donation8 received under Gift Aid or deeds of covenant is re¢ogni$ed at the time of the donation. Legacies are recognised on receipt or otherwise if the ch8rity h8s been notified of an impending distribution, the amount is known, and receipt 18 expected. If the amount is not known, the legacy is treated as a contingent asset. 1.5 Expgndlture Exponditure is recognised once there is a legal or constructive obligation to transfer economic benetli io a thlrd p8rty. it is probable that a transfer ol economic benetits will be requir8d in 98ttlement, and the amount of the obli¢atlon can be measured reliably. Expenditure 1$ cl¢$sified by activity. The costs of each 8Ctivity are made up of the tot81 ot direct C08ts and shared costs. including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated direetly to that activity. Shared costs which contribute to more than one 8Cttvity end support costs which are not attributable to 8 single actlvity are apportioned between those activities on a basis consistent with the use of regources. Central gtaff cogt$ are allocated on the basls of time spent. and depreclatlon charges are allocated on the portion of the esget's use. 1.6 Tanoble flxed assets Tangibl8 fixed assets are initially measured ai cost and Subsequently measured at cost or valuation. net of depreciaiion and any impairment losses. Deprecigtion is recognised so as to write off the cost or valuation ot assets less their residual values over their useful lives on the tollowing b83es: Fixtures and fittings 25% reducing balance. The gain or loss arising on the disposal of an asset is determined as the difference between the 881e proceeds and the carrying value of the asset and is recognised in the statement of financial ?ctivitie5. 39 Youth Club Accounts 2023-24 10of14
39YOUTH CLUB NOTESTO THE FINANCIAL STATEMENTS (CONTINUED) FOR THEYEAR ENDED 31 MARCH 2024 1.7 Impairmant of tixed a$t9 At each reporting end date, the charity reviews the carrying amounts of its tangible a35ets to determine whether there is any indication that those 855et5 have suffered an impairment loss. If 8ny such indication exists. the recoverable amount of the asset is estimated in ordef to determlne the extent of the impairment loss lit any). 1.8 Ca•h ond ca$h equlvalgnt• Cash and cash equiv818nts include cash in hand, deposits held at call with banks, other short. term liquid investments with original maturities of three months or loss. and bank overdrafts. B8nk overdrafts are shown within borrowings in current li8bilitie5. 1.9 Flnanclal Instrument* The charity h83 elected to apply the provlsions of Section 11 'Beslc Flnancl81 Instruments. and Section 12 '0ther Finon¢i81 Instruments Issues, of FRS 102 to all ot its financial instruments. Financial instruments 8re recognised in the charity's bal8n¢8 sheet when the charity becomes P8rty to the coniraciual provisions of ihe insirument. FSn8ncial assels and liabilities are off set, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the r8cognised amounts 8nd there is an intention to settle on a net basis or to realise the 8SS&t and settle the liability Simultaneously. Ba$1¢ flnan¢l•l a$•¢t• Basic financlal assets. ch include debtors and cash and bank balances. are initially measured at transactlon price Including transaction costs and are 5ub3equently carried at 8mortis8d cost using the effèctive Int8T8St method unless the 8rrangement constitutes 8 fin8ncing transaction, where the transaction is measured at the preseni value of the future receipts discounted at a market rate ol interest. Financial assets cl8ssified as r8C8iv8b18 Within one yearare not amortised. Bajic financial ii•biliti•• Basic tinanclal li8bllities, including creditors and bank loans are initi8lly recognised at transaction price unless the 8rrangement constitutes a financing transaction, where the debt instrument is measured at the present V81ue of the future payments discounted at a mgrket rate of inteiesi. Financial li8bilities c188sified 8s payable wAthln one year are not amortised. Debt instruments are subseouently carried at amortised cost, using the effective interest rate method. Trade creditors are obligation¥ to pay for goods or services that have been acquired in the ordinary course ol operations from SLJppliers. Amounts P8y8ble are c185srfied as current Ilabilities if paymenl is due within one year or less. If not. they are presented as non-current 39 Youth Club Accounts 202>24 11of14
39 YOUTH CLUB NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 liabilities. Trade creditors are recognised initially at transactlon price and subsequently rnea$uréd at amortised cost using the effective interest method. Derecognltlon of tlnanclal 118bllltles Financi81 liabilities are derecognised when the ¢harity'S ¢ontractual obligations expire or are discharged or c8ncelled. 1.10 Employ9¢ nefItS The cost of any unused holiday ontitlemont 1$ r8cognised in the period in which the employee'8 services are received. Termlnation beneflts are recognised immediately as an expense when the Gharity is demonstr8bly committed to terminatethe employment of an employee orto provide termination benefits. 1.11 Retlremont bonoflt8 Payments to defined contribution retirement benefit scheme8 are Charged 8$ an expense 88 they lall due. 2 Crltlc81 accountlng •8tlmatea andjudgemonts In the applScatlon of the ch8rlty'$ 8c¢ountln8 pollcles, Ihe trust8es are required to make judgements. estimates 8nd 8ssumpiions about the carrylng amount of assets and liabilities th8t 8r& not readily app8rent from other sources. The estimates and associated assumptions 8re based on histOTIC81 experience 8nd other t8CtOTS that are considered to be relevant. Actu81 results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing b8sis. Revlslons to accountlng estimates are recognised in the period in which the estimat8 is revised wh8re the revision affects only thai period. OT in the period of the revision and future periods where the revision 8tlects both current end future periods. 39 Youth Club Accounts 2023-24 12of14
39YOUTHCLUB NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THEYEAR ENDED 31 MARCH 2024 3 Incomo from don8tlons and legaci08 FL Funds SportEn8iÈnd 12.283 122AJ Aw8rdBforAiI 7,735 Postcotl• Soclety 24.7 Sus$ex Communrty Found$tlOn 9,927 9,927 Su59exCornmuntyFoundaiion ltsjke ol Edinburgh proj Chau( CAiff 8oRnor R¥l¥ councll 14,5C Weatsussex Countycouncil 10.QIKI KFC 10D 1110 Totatlncorn• Irorn donatlonB 27.qOO S•,103 4 In¢omo trom othor tfodlnq a¢tlvltle• u11rnrIcI•d Fuhd• RMtrlci•d Fu 2024 Foipham Youthclub Subg en¢ Tuck 370 a70 Tot31 Incernelrorn othertradln fyJ70 $270 39Youth Club Accounts 2023-24 13of14
39 YOUTH CLUB 5 Exponditurg on charitsble a¢tlvltles unt•%twlCt Funds 2Q24 TI£l•d Tot4 Activities 26 Bullalngl gno m&lnt4n•ncg canIng D8S Cheeks 234 EqulpmeTrt 1.178 Ho81 & Light Insui8ne 4230 3.049 MIsc8118n8OUS 74 74 PhonolOIIIc8 737 737 ProloBsionalSoM'¢ia 5.078 6.071 S818rio$ &937 21.690 828 Sub8cilptlon88r#J L1¢8Th888 Tr8voi TuckshopoGk 219 219 Bonk Chaigefj 70 70 R•pairBnd MaSntenance 8esslon rtasourcej Tot•l4xpendlture 22.019 23. 45.? 39 Youth Club Accounts 2023-24 14of14