## **Anchor Youth** 

## **The First Financial Reports & Accounts** 

for the period 

16[th] October 2024 to 31[st] August 2025 

## **Contents** 

Legal & Administrative Details Trustees Report Receipts & Payments Statement Asset & Liability Statement Notes to the Accounts 


Created using ExpensePlus 



## **Legal & Administrative Details** 

Charity Name: Anchor Youth Charity Number: 1210500 Charity Address: 67 Beacon Road LE112BE Loughbroough Trustees: Brian Wakley Daniel De Becker Michael Vincent Lydia Rhodes Sheryl Williams 

**Fiscal Year** 1[st] September  to 31[st] August 



## **Trustees Report** 

## **Objects of the charity** 

The Purpose of the CIO is to advance in life and relieve needs of young people aged 11 to 18 by operating a youth centre as a tangible demonstration of the love of Jesus Christ in order to:-(a) provide facilities for recreation and leisure time activities provided in the interest of social welfare, designed to improve their conditions of life; and(b) provide support and activities which develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals. 

## **Summary of the charity's main activities and achievements** 

To further the above objects and vision, the charitys main activities and achievements were as follows: 

To further the above objects and vision, the charity’s main activities and achievements during 2024/25 were as follows: 

Anchor Youth Centre’s charity status was obtained on 16th October 2024 and its activities have grown from a small pilot project into a well-established weekly youth provision by the end of March 2025. Our aim has been to provide a safe, welcoming, and free-to-access space for young people aged 12–17 in Loughborough. 

Starting with just a handful of attendees, we saw rapid growth throughout the first few months of 2025. By the end of the reporting period, we were regularly welcoming 25–30 young people each Friday evening, with over 80% of those attending joining in the final three months, showing clear and growing demand. 

Each session offered games, creative activities, mentoring conversations, and positive adult presence. 

## **Key developments this year included:** 

Launching a digital check-in system to improve safeguarding and emergency contact tracking 

Building a core team of trained volunteers to deliver weekly sessions 

This year marked an exciting and encouraging beginning. The feedback from young people, parents, and the wider community has been overwhelmingly positive, and we look forward to continuing to grow this work in the years ahead. 

In planning its activities, the trustees have applied the guidance on public benefit issued by the Charity Commission with the aim to advance the well-being of young people aged 12 to 17 by operating a youth centre that reflects the love of Jesus Christ. This is achieved by: 

(a) providing recreational and leisure facilities in the interest of social welfare, designed to improve their quality of life; and 

(b) offering support and activities that develop their skills, capacities, and capabilities, enabling them to participate in society as mature and responsible individuals. 



## **Financial Review** 

The 2024/25 financial year marked Anchor Youth Centre’s first year of operation following a smallscale pilot. Thanks to generous donor support and the strength of our volunteer-led delivery model, the charity ended the year in a strong financial position. 

We received £29,223 in income, the majority of which came from a large one-off donation and additional community fundraising with a total expenditure of £5,468. Key costs included venue rent and utilities, equipment and consumables, safeguarding improvements, and training for volunteers. Given the timing of the major donations in the second half of the year, a significant portion of income was carried forward into the next financial year. 

The charity closed the year with reserves of £23,754 with £48 in restricted funding which will be used for session running cost with the remaining being used for programme delivery, equipment improvements, and plans to secure a more permanent venue to expand our weekly provision. 

## **Funds in Deficit** 

None 

## **Reserves Policy** 

The charity aims to hold three to six months of unrestricted cash, so that the charity could continue to operate should income and/or expenditure vary adversely. 

At the year end, the charity held unrestricted cash of £23,706, placing it in a strong position to continue operating sustainably and to plan for future growth. 



## **Signature** 

This report was approved by the trustees, and is signed on their behalf by: 

Name:  Brian Wakley Position: Chair of Trustees Signature Date 6th February 2026 



## **Receipts & Payments Statement** 

## **Financial Year 1[st] September 2024 to 31[st] August 2025** 

||**Unrestricted**|**Restricted**|**Total**|**Prior Year**|
|---|---|---|---|---|
|||**Receipts**|||
|**Donations & Legacies**|||||
|Donations|26,496|500|26,996|0|
|Gift Aid|0|0|0|0|
|Grants|2,200|0|2,200|0|
|**Charitable Activities**|||||
|Event Income|0|0|0|0|
|**Investments**|||||
|Bank Interest|27|0|27|0|
|**Trading Activities**|||||
|Rental Income|0|0|0|0|
|Sales|0|0|0|0|
|**Other**|||||
|Loans Received|0|0|0|0|
|Other Income|0|0|0|0|
|Sale of Fixed Assets|0|0|0|0|
|Sale of Investments|0|0|0|0|
|Total receipts|28,723|500|29,223|0|
|||**Payments**|||
|**Charitable Activities**|||||
|Activities|112|452|564|0|
|Admin|1,015|0|1,015|0|
|Advertising|23|0|23|0|
|Bank Charges|43|0|43|0|
|Event Costs|657|0|657|0|
|Gifts Given|0|0|0|0|
|Other Expenditure|0|0|0|0|
|Premises|466|0|466|0|
|Staff Costs|1,620|0|1,620|0|
|**Governance Costs**|||||
|Governance Costs|0|0|0|0|
|**Other**|||||
|Fixed Asset Purchases|1,082|0|1,082|0|
|Loans Repaid|0|0|0|0|
|Money Invested|0|0|0|0|
|Total payments|5,016|452|5,468|0|





|Net Receipts / Payments (before<br>transfers)|23,706|48|23,754|0|
|---|---|---|---|---|
||||||
|Fund Transfers In|0|0|0|0|
|Fund Transfers Out|0|0|0|0|
|Net Movement of Cash Funds|23,706|48|23,754|0|
|Total Cash Funds Brought<br>Forward|0|0|0|0|
|Total Cash Funds Carried<br>Forward|23,706|48|23,754|0|
||||||
|||**Represented By**|||
|General (Unrestricted)|22,882|0|22,882|0|
|Loughborough university<br>(Restricted)|0|48|48|0|
|Intelligent Energy (Designated)|824|0|824|0|





## **Asset & Liability Statement** 

## **Cash Assets** 

|**Cash Assets**|**Cash Assets**|**Cash Assets**|**Cash Assets**|**Cash Assets**|**Cash Assets**|**Cash Assets**|
|---|---|---|---|---|---|---|
|||**Unrestricted**|**Restricted**|**Total**|**Prior Year**||
|General (Unrestricted)||22,882|0|22,882|0||
|Loughborough university<br>(Restricted)||0|48|48|0||
|Intelligent Energy (Designated)||824|0|824|0||
|**Other Monetary Assets**|||||||
||**Notes**|**Unrestricted**|**Restricted**|**Total**|**Prior Year**||
|Gift Aid||0|0|0|0||
|Stock||0|0|0|0||
|Other||0|0|0|0||
|**Investment Assets**|||||||
||**Notes**|**Unrestricted**|**Restricted**|**Total**|**Prior Year**||
|Property||0|0|0|0||
|Investment<br>Accounts||0|0|0|0||
|Other||0|0|0|0||
|**Fixed Assets**|||||||
||**Notes**|**Unrestricted**|**Restricted**|**Total**|**Prior Year**||
|Land &<br>Buildings||0|0|0|0||
|Music & PA<br>Equipment||0|0|0|0||
|Computers &<br>IT||0|0|0|0||
|Furniture||0|0|0|0||
|Motor Vehicles||0|0|0|0||
|**Liabilities**|||||||
||**Notes**|**Unrestricted**|**Restricted**|**Total**|**Prior Year**||
|Loans<br>Outstanding||0|0|0|0||
|Pension<br>Payment<br>Owed||0|0|0|0||
|HMRC<br>Payments<br>Owed||0|0|0|0||
|Independent<br>Examination<br>Fee Due||0|0|0|0||
|Other||0|0|0|0||





## **Signature** 

These accounts have been approved by the trustees, and are signed on their behalf by: 

Name: Brian Wakley 

Position: Chair of Trustees 

Signature 


Date: 6th February 2026 



## **Notes to the Accounts** 

## **Accounting Policies** 

The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes.  The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs. 

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.  Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes.  Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects. 

## **Transactions to Related Parties** 

There were no transactions related parties during the accounting period. 

## **Movement of Funds** 

|**Fund Name**|**Opening Balance**|**Income**|**Expenditure**|**Fund Transfers**|**Closing Balance**|
|---|---|---|---|---|---|
|**Unrestricted**||||||
|General (Unrestricted)|0|26,523|3,640|0|22,882|
|Total|0|26,523|3,640|0|22,882|
|**Designated**||||||
|Intelligent Energy<br>(Designated)|0|2,200|1,376|0|824|
|Total|0|2,200|1,376|0|824|
|Unrestricted Total|0|28,723|5,016|0|23,706|
|**Restricted**||||||
|Loughborough<br>university (Restricted)|0|500|452|0|48|
|Total|0|500|452|0|48|
|Restricted Total|0|500|452|0|48|
|TOTAL|0|29,223|5,468|0|23,754|