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2024-12-31-accounts
|
Page |
ReferenceandadministrativedetailsoftheCharity,itsTrusteesandadvisers |
1 |
Trustees’report |
2-4 |
Trustees'responsibilitiesstatement |
5 |
Independentexaminer'sreport |
6 |
Statementoffinancialactivities |
7 |
Balancesheet |
8 |
Notestothefinancialstatements |
9-17 |
13 October 2025
|
|
|
|
Asrestated |
|
|
Unrestricted |
Total |
Total |
|
|
funds |
funds |
funds |
|
|
2024 |
2024 |
2023 |
|
Note |
£ |
£ |
£ |
Incomefrom: |
|
|
|
|
Investments |
3 |
114,808 |
114,808 |
91,051 |
Totalincome |
|
114,808 |
114,808 |
91,051 |
Expenditureon: |
|
|
|
|
Raisingfunds |
|
13,020 |
13,020 |
17,324 |
Charitableactivities |
|
512,554 |
512,554 |
106,667 |
Totalexpenditure |
|
525,574 |
525,574 |
123,991 |
Netexpenditurebeforenetgainsoninvestments |
|
(410,766) |
(410,766) |
(32,940) |
Netgainsoninvestments |
|
74,957 |
74,957 |
121,584 |
Netmovementinfunds |
|
(335,809) |
(335,809) |
88,644 |
Reconciliationoffunds: |
|
|
|
|
Totalfundsbroughtforwardaspreviouslystated |
|
4,102,630 |
4,102,630 |
4,035,056 |
Prioryearadjustment |
|
150,000 |
150,000 |
128,930 |
Totalfundsbroughtforwardasrestated |
|
4,252,630 |
4,252,630 |
4,163,986 |
Netmovementinfunds |
|
(335,809) |
(335,809) |
88,644 |
Totalfundscarriedforward |
|
3,916,821 |
3,916,821 |
4,252,630 |
|
|
|
2024 |
|
2023 |
|
Note |
|
£ |
|
|
Fixedassets |
|
|
|
|
|
Investments |
8 |
|
1,698,591 |
|
1,632,531 |
Socialinvestments |
9 |
|
- |
|
594,374 |
|
|
|
1,698,591 |
|
2,226,905 |
Currentassets |
|
|
|
|
|
Debtors |
10 |
35,361 |
|
160,249 |
|
Cashatbankandinhand |
|
2,186,901 |
|
1,868,950 |
|
|
|
2,222,262 |
|
2,029,199 |
|
Currentliabilities |
|
|
|
|
|
Creditors:amountsfallingduewithinone |
|
|
|
|
|
year |
11 |
(4,032) |
|
(3,474) |
|
Netcurrentassets |
|
|
2,218,230 |
|
2,025,725 |
Totalnetassets |
|
|
3,916,821 |
|
4,252,630 |
Charityfunds |
|
|
|
|
|
Unrestrictedfunds |
|
|
3,916,821 |
|
4,252,630 |
Totalfunds |
|
|
3,916,821 |
|
4,252,630 |
|
|
|
|
|
Unrestricted |
Total |
|
|
|
|
|
funds |
funds |
|
|
|
|
|
2024 |
2024 |
|
|
|
|
|
£ |
£ |
Loan |
interest |
on |
programmerelated |
investments |
43,634 |
43,634 |
Bank |
interest |
|
|
|
71,174 |
71,174 |
|
|
|
|
|
114,808 |
114,808 |
|
|
|
|
|
Unrestricted |
Total |
|
|
|
|
|
funds |
funds |
|
|
|
|
|
2023 |
2023 |
|
|
|
|
|
£ |
£ |
Rental |
income |
|
|
|
21,946 |
21,946 |
Loan |
interest |
on |
programmerelated |
investments |
34,934 |
34,934 |
Bank |
interest |
|
|
|
34,171 |
34,171 |
|
|
|
|
|
91,051 |
91,051 |
|
Grantsto |
Total |
|
Institution |
funds |
|
2024 |
2024 |
|
£ |
£ |
Grantspayable |
506,552 |
506,552 |
|
Grantsto |
Total |
|
Institutions |
funds |
|
2023 |
2023 |
|
£ |
£ |
Grantspayable |
99,210 |
99,210 |
|
2024 |
2023 |
|
£ |
E |
NorthamptonshireAssociationofYouthClubs |
480,352 |
25,000 |
CotonGreenChurch |
5,000 |
500 |
WorldPrayer Centre |
- |
250 |
MidlandsAirAmbulance |
- |
500 |
MaryAnneEvansHospice |
- |
500 |
TheGap,SuttonColdfield |
- |
1,500 |
Orchards- charityno1179459 |
- |
10,000 |
WhiteMoorLakes |
- |
960 |
BetelUK |
- |
60,000 |
StGilesHospice |
500 |
- |
HarryJohnsonTrust |
250 |
- |
OakTreeFarmRural Project |
200 |
- |
SuttonColdfieldBaptistChurch |
5,000 |
- |
ArkCommunityChurch |
5,000 |
- |
AdventurePlus |
10,000 |
- |
SaskiaBoden |
250 |
- |
|
506,552 |
99,210 |
|
|
Grant |
|
|
|
|
fundingof |
Support |
Total |
|
|
activities |
costs |
funds |
|
|
2024 |
2024 |
2024 |
|
|
£ |
£ |
£ |
Charitable |
activities |
506,552 |
6,002 |
512,554 |
|
|
Grant |
|
|
|
|
fundingof |
Support |
Total |
|
|
activities |
costs |
funds |
|
|
2023 |
2023 |
2023 |
|
|
£ |
£ |
£ |
Charitable |
activities |
99,210 |
7,457 |
106,667 |
Analysis |
ofsupportcosts |
|
|
|
|
Total |
Total |
|
funds |
funds |
|
2024 |
2023 |
|
£ |
£ |
Secretarial |
1,233 |
2,281 |
Independentexaminer'sfee |
3,750 |
3,474 |
Accountancyfee |
- |
1,032 |
Bankcharges/interest |
682 |
352 |
Lightandheat |
171 |
256 |
Repairs |
- |
62 |
Postageandstationery |
166 |
- |
|
6,002 |
7,457 |
|
Office |
|
equipment |
|
£ |
Costorvaluation |
|
At1 January2024 |
1,075 |
At31December2024 |
1,075 |
Depreciation |
|
At1 January2024 |
1,075 |
At31December2024 |
1,075 |
Netbookvalue |
|
At31December2024 |
= |
At31December2023 |
“ |
|
|
|
|
|
|
Unlisted |
|
|
|
|
|
|
investments |
|
|
|
|
|
|
£ |
Costorvaluation |
|
|
|
|
|
|
At1 January2024 |
|
|
|
|
|
1,632,531 |
Disposals |
|
|
|
|
|
(8,897) |
Revaluations |
|
|
|
|
|
74,957 |
At31D
ber
ecember |
2024
|
|
|
|
|
Teene
1,698,591 |
Socialinvestments |
|
|
|
|
|
|
|
|
|
Programme |
|
|
|
|
|
|
related |
|
|
|
|
|
|
investments |
|
|
Total |
|
|
|
|
|
£ |
£ |
Costorvaluation |
|
|
|
|
|
|
At1 January2024 |
|
|
594,374 |
|
|
594,374 |
Disposals |
|
|
|
- |
|
- |
Repayments |
|
|
(114,022) |
|
|
(114,022) |
TransfertoGift |
|
|
(480,352) |
|
|
(480,352) |
At31December |
2024 |
|
|
- |
|
- |
In2019theloanstoNAYCwererenegotiatedtoamalgamatethetwoexistingloansinto |
|
|
|
|
oneloanwithan |
|
interestrateof2.85% |
|
abovebaserepayableinmonthlyinstalments. |
Atemporaryloanrepaymentholiday |
|
|
|
wasagreedfor |
partof |
2020.
Inaccordancewiththetermsoftheloanagreement, |
|
the |
interestaccrued |
|
duringtherepayment |
|
holiday canbecapitalised andwastherefore |
addedtotheloan. |
|
Thisdeferrment |
|
wasaddedonto |
thefinalcompletiondate.Theloanwasrepayableby |
|
2October2027. |
|
|
|
Howeverduring |
theyear2024,Trusteesmetandagreedtocancel |
|
theoutstanding |
loan |
|
toNAYCasat |
31stDecember |
2024. |
Thebalance remainingof£480,352wasconvertedtoa giftandis |
|
|
|
shownasgrant |
intheStatement |
ofFinancialactivities. |
|
|
|
|
|
Debtors |
|
|
|
|
|
|
|
|
|
|
2024 |
|
2023 |
|
|
|
|
|
£ |
£ |
Duewithinone |
year |
|
|
|
|
|
Accruedincome |
|
|
35,361 |
|
|
160,249 |
2024 |
2023 |
£ |
£ |
4,032 |
3,474 |