Bromley and Downham Youth Club (Registered Charity No: 302947)
TRUSTEES REPORT December 2024
(For operating period 1[st] April 2023 – 31[st] March 2024
Our Facility
The building now operates as a Community Venue offering facilities for the local community. It is 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. Also operate out of the building.is a Pre-School and a newly opened Not for Profit school for Young people that are experiencing barriers to attending their mainstream education provision.
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
Report of Audited Fln8n¢lal Statement8 for period of I*IApril 2023 to 31•t March 2024 FOR Bromley and Downham Youth Club
8rothley & Downham Youth Club Profft and Lou Account for the year ended 31st M•r¢h, 2024 Notes 2024 2023 Income Fundin8, Grants, donatlons Lettlngs Pre-school Subscriptlons 32589,64 14610.51 28388.50 16865.89 47200.15 45254.39 12 Interest Recelvable Total Income 47589.56 45376.82 Expenses Wages and salarles Prem15es Costs Repairs and malntenance General Administrltive expenses Transfer to new boxln8 account Bank charges Unassl8ned costs 9720.77 37921.01 5911.54 5295.11 9852.50 17930.89 4876.13 5612.87 67.20 63.49 0.00 Totol Expenses 58915,63 38335,88 Nal Mov•m•nt In Funds .11326.07 7040.94 I certify that the Proflt and Loss Account for the year 31st March , 2024 and the Balance sheet as at 31st March 2024 have been properly prepared from the books and record5 Of the Club and are in accordance therewlth. Name: Oate: Mr Davld Charles Muller 14-No¥-24 Slgnaturè:
Bank Balances at at 31st March 2023 HSBC- CA HSBC- Dep 345.15 21,489.80 21,834.95 Interest Into Money Mana8er Account 30th April £30.06 30th May £30.93 30th June £34.18 30th July £36.97 30th Aug £39.59 30th Sept £35.45 30th Oct £36.14 30th Nov £38.45 30th Dec £29.05 30th Jan £25.51 29th Feb £26.43 30th Mar £26.65 TOTAL £389,41
Bromley and Downham Youth Club Balance Sheet as at 31st March, 2024 Notes 2024 2023 Flxed Assets Premises 1.205,000.00 1,205,OIXI.00 Current Assets Stock Bank balances 657.15 21,834.95 22,492.10 657.IS 27,984,66 28,641.81 Current Llabllltles Other liabilities 22,492,10 28,641.81 Net Current Llabllltles 0,00 N•t A$sets 1,227,492.10 1,233,641.81 Capltal Account Balance at start of perlod Net movement in funds Revaluation capltal reserve 1,233,641.81 -11,3. 1 1)7 1,226,600.87 7,040.94 1.222,315.74 1,233,641.81
Ommley •nd Downhamvouth aub Notestothe •ttountslorthey••rwded 3tst Al•r¢h 2024 Theprlndple occountlnqpollrles qre5urnrnryrlsedbeloW 2023 l Fundlni, y•nts. don•¥oni LB 8romlev Jack pet¢hey Ywth Flrst Sundry Fundr8151n8ldonatlons 2 Pr•mlws Woier r•tes Electilcltv Equlpmeni AlarrnlCCTV Gas Cleafflln8 m•t¢rthls Waste/sintiiatlo¢) 869.88 2924.80 1112.32 3439.26 394.42 239S.34 565.43 1146.88 7803.24 2537.21 747.80 1146.88 8913.44 18711.00 1$78. Rèfvrblshment Flre malntenance 1074.D) 37921.01 17930.89 J G•nernl •dmlnltr•tl¥• •xp•M Telephone and TV siatloneryl equlpmer4tl £%n$es/GIft$ Insuiance Refreshfflonts Cornpuier netwo Aelund costs Metro HR costs 770.40 406.$4 2149.35 745.40 $00.07 1952.98 991.$1 177. 959.72 765.00 389.70 5295.11 5612.87
Report of Audited Fln8n¢lal Statement8 for period of I*IApril 2023 to 31•t March 2024 FOR Bromley and Downham Youth Club
8rothley & Downham Youth Club Profft and Lou Account for the year ended 31st M•r¢h, 2024 Notes 2024 2023 Income Fundin8, Grants, donatlons Lettlngs Pre-school Subscriptlons 32589,64 14610.51 28388.50 16865.89 47200.15 45254.39 12 Interest Recelvable Total Income 47589.56 45376.82 Expenses Wages and salarles Prem15es Costs Repairs and malntenance General Administrltive expenses Transfer to new boxln8 account Bank charges Unassl8ned costs 9720.77 37921.01 5911.54 5295.11 9852.50 17930.89 4876.13 5612.87 67.20 63.49 0.00 Totol Expenses 58915,63 38335,88 Nal Mov•m•nt In Funds .11326.07 7040.94 I certify that the Proflt and Loss Account for the year 31st March , 2024 and the Balance sheet as at 31st March 2024 have been properly prepared from the books and record5 Of the Club and are in accordance therewlth. Name: Oate: Mr Davld Charles Muller 14-No¥-24 Slgnaturè:
Bank Balances at at 31st March 2023 HSBC- CA HSBC- Dep 345.15 21,489.80 21,834.95 Interest Into Money Mana8er Account 30th April £30.06 30th May £30.93 30th June £34.18 30th July £36.97 30th Aug £39.59 30th Sept £35.45 30th Oct £36.14 30th Nov £38.45 30th Dec £29.05 30th Jan £25.51 29th Feb £26.43 30th Mar £26.65 TOTAL £389,41
Bromley and Downham Youth Club Balance Sheet as at 31st March, 2024 Notes 2024 2023 Flxed Assets Premises 1.205,000.00 1,205,OIXI.00 Current Assets Stock Bank balances 657.15 21,834.95 22,492.10 657.IS 27,984,66 28,641.81 Current Llabllltles Other liabilities 22,492,10 28,641.81 Net Current Llabllltles 0,00 N•t A$sets 1,227,492.10 1,233,641.81 Capltal Account Balance at start of perlod Net movement in funds Revaluation capltal reserve 1,233,641.81 -11,3. 1 1)7 1,226,600.87 7,040.94 1.222,315.74 1,233,641.81
Ommley •nd Downhamvouth aub Notestothe •ttountslorthey••rwded 3tst Al•r¢h 2024 Theprlndple occountlnqpollrles qre5urnrnryrlsedbeloW 2023 l Fundlni, y•nts. don•¥oni LB 8romlev Jack pet¢hey Ywth Flrst Sundry Fundr8151n8ldonatlons 2 Pr•mlws Woier r•tes Electilcltv Equlpmeni AlarrnlCCTV Gas Cleafflln8 m•t¢rthls Waste/sintiiatlo¢) 869.88 2924.80 1112.32 3439.26 394.42 239S.34 565.43 1146.88 7803.24 2537.21 747.80 1146.88 8913.44 18711.00 1$78. Rèfvrblshment Flre malntenance 1074.D) 37921.01 17930.89 J G•nernl •dmlnltr•tl¥• •xp•M Telephone and TV siatloneryl equlpmer4tl £%n$es/GIft$ Insuiance Refreshfflonts Cornpuier netwo Aelund costs Metro HR costs 770.40 406.$4 2149.35 745.40 $00.07 1952.98 991.$1 177. 959.72 765.00 389.70 5295.11 5612.87