## Bromley and Downham Youth Club
(Registered Charity No: 302947)
TRUSTEES REPORT December 2022
(For operating period 1[st] April 2021 – 31[st] March 2022
## **Our Facility**
The building now operates as a Community Venue offering facilities for the local community. It used by church groups, a judo class, spin class and various other ad hoc activities such as children’s party venue. The Bromley and Downham Amateur Boxing Club still operates and this provides services to the young people of the area and works closely with the local borough to support the less advantaged members of community.
## **Funding**
No direct funding is received with all income generated by the rental of the premises used to pay the utility bills, maintenance and the salary of 1 part-time staff member.
## **The Building**
The main building was built in 1938 and has various additions since then, the latest being in 2012 when a major redevelopment of the sports hall provide a purpose built fully equipped boxing gym and a full size indoor sports area. New showers and toilets were installed at the same time. This new facility was officially opened in May 2012 by HRH The Duke of Edinburgh. Regularly maintenance of the premises is undertaken to ensure it is a safe and secure environment for all the users.
## **The Future**
Whilst it is difficult to plan for the future in these uncertain times, the Trustees are striving hard to further develop the community use of the building by expanding the number and variety of groups using the premises and to ensure the facilities are available for benefit of less able young people of the area.
Prepared by: P.R. Cheverton, Trustee
## **Bromley and Downham Youth Club**
## **Balance Sheet as at 31st March, 2022**
|**Notes**
**Fixed Assets**
Premises
4*
**Current Assets**
Stock
Bank balances
**Current Liabilities**
Other liabilities
**Net Current Liabilities**
**Net Assets**
**Capital Account**
Balance at start of period
Net movement in funds
Revaluation item|**2022**
£
1,205,000.00
624.04
20,949.24
21,573.28
0
21,573.28
1,226,573.28
35,102.95
-4,172.08
30,930.87|**2021**
£
9,330.00
624.04
25,148.91
25,772.95
0.00
25,772.95
35,102.95
58,984.13
-23,881.18
35,102.95|**2021**
£
9,330.00
624.04
25,148.91
25,772.95
0.00
25,772.95
35,102.95
58,984.13
-23,881.18
35,102.95|
|---|---|---|---|
|||||
||||35,102.95|
||||58,984.13
-23,881.18|
||||35,102.95|
Bromley and Downham Youth Club
Profit and Loss Account for the year ended 31st March. 2022
2021
Income
Fundin& grants. donations
Lettings
Pre-school
Subscriptions
170.LI)
5,715.00
15,185.27
58.21
21.128.48
12.68
20,237.99
16.677.53
36.915.52
Interest reivable
Total Income
36.918.08
21,141.16
Expenses
Wages and salaries
Premises costs
Repairs and maintenan
General administrative expenses
Transfer to new boxing account
Valuation costs
Bank charges
9.852.50
20.897.12
1.179.07
4.191.51
15,899.88
13.031.22
3,163.26
8,402.56
4,525.42
4,954.56
15.40
Total Expense5
41,090.16
45.022.34
Net Movement in Funds
4,172.08
-23,881.18
l certify that the Profit and Loss Account for the yearto 31st March. 2022
and the Balance sheet as at 3tst March, 2022 have been pn)perty prepared
from the books and records of the aub and are in accordan therewith.
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