Charity No. 303301 North Paddington Youth Club Report and Accounts 31 March 2025 229 Lana Rrmd London W9 1EA
North Paddington Youth Club Report of the Trustees For the Year Ended 31 Mareh 202S The Slee$ present their rewt and accc¥Jnts of the thwity ft)r the eNJ8d 31 March 2025. The tnjstees have had t1ue rggard to gUIdar issued ty the Charity CO50n. LEGAL AND ADMINISTRATIVE INFORIAATION Charlty nam•: Ncffth PaddiWI Y(yJth Club (also known as NPYC) Charlty r•glstratiw numb•r. Prlncipal addr•ss: 229 Lanark Road. London W9 1EA Trust••s: Aaron Lin¢oln Leila Hedjem Kara St AroJe-Messe Hamza Taouzzale Peter Watt ice Sindair Trpa5urBr (akwlntgd 22 May 20241 Club Managgr. Bankers.. Barclajs &ink 9 Portman Square London W1A 3AL Independgnt Examln•r. Hary N1aOU FCA of Hary & Co Limited 218Terthi Way Enfield EN12LF
North Paddington Youth Club Report of the Trustees For the Year Ended 31 March 2025 STRUCTURE, GOVERNANCE AND IIANAGEMENT Goveming document The charity is an unincorporated t¥Mly registwed as a tharrty on 16 septem 1. It is govemed by its Constitution adopted on 11 June 1981. The stItUtion prescrites that the charity should be govemed and managed in accordan vmh the PrincIp and Aims of Ihe Federal of London Youth Clubs. R•crultmont and appolntment of trustees The trustees have developed a for the recruItr of tnthes th ensures their collth experience and skills are best able to rrt the of the tharity. TnJstees are aptj by the board of trustees (kr as the management cnIltee}. Organisatitinal strueturn The Ellanagement C(¥Titee [ets as often as necessary to the chity bul >t W than six times 8 year. The day-to4ay operatiorts oflhe drity were by the Club Mawer Ronnie Renney. The managennt Committee consists ofr. lal Not than 7 or kss Ihan 4 standiro members. Ib) Not more than 6 c(wted members detern1r by ts stsnding memters followiThJ the Annual General IAeetiro. At tirr should the rHJner of c(wted members exceed ha of the nuthr of slandiTrJ merrthr5. V8canci8s amorvj thè stsnding memtw are by thè Manag8nxrt con1. OBJECTIVES The object of the charity is to prorrth the spirilual. nmlal aThJ physical educaticffl of thildren and young people resident in Paddiiwn and rlghtnr4j dislricts. and in wbcLtsr wtth a view to caing out the before rrEntioned d4.ects to (Mganise, njn nintsin a dub etuldr and ywng peop. PUBLIC BENEFrr The trustees have r8fsrre(I lo the guKJance in Charity Commi&8i(M)'s g&r81 guidAr on putAic benefrt when reviewng thg chartys aims and {"¥&S aThJ in pL4nniro fuiure activits. REVIEW OF ACTIVITIES North Paddington Youth Club has W an amaziThJ year, filbj wrth grthvih. progress. and strengthens community connections. We are to share that we have form1 a number of rwi patherships that have greatly benefil8(l the (ildrtn. yourvJ 8nd wi(ler Ix)mmunty vhK> erw vAth (Ajr Se$. The Club is rK)w operaliNJ s8ven (lays a %bpek. all yew rwnd, promding a safe. indusive. and welcoming envift)nnnt lor ople of all ages a1 bgrOundS. M is fantastic to see the building being used lo its full potential and supporting such a wide range of aciwitss and initiatives our members and th& community. Chjr membership has r#3w grown to over 1.1. refiectiTrJ the inCreaThj need for th8 Vital semces we prowde. This grovth deffstrates the trusl and value aCed in the Club by families. chIldn and young people, aThJ the wNJer L¥xnrnFty. While (x)nlinuè to èxperience org)iThJ issues various parts of th& building, we are workiThJ dosely with the d8vèbper and Ic1 authority to address these challenges. We are curfhlenl that the neCry improvements will be made lo ensure the bJildirvJ is fijlty fft purpose in the rEar fUre. Thtr cost-of4ivlng (xlsos has unfortunatety deepened. and as a resulL wè are supporting more famrfies than evor beforo. The demaN1 fw free f(xxl stK¥)plThJ through our (Mw"n9 pafbiership wilh Tho Fdix Project has significanly increased. and we femain committed lo helpir@ our rrTht Vulnerab thihjren, young people. and families across the Northea of Westsninsler and beyorKI. Finally. we would like to extend our heartfelt ihanks to all our staff. dedicati arKI hard work have made this year such a success. 51 imFth8nYy, wsh to thank the thiklren. YIMHVJ twle. and pArents for their continued tnjst and supwwt throughoul what has been iM)th a (Jwlknging and Inspiring year.
North Paddington Youth Club Report of the Trustses Forth• Ythv End•d 31 March 2025 REVIEW OF ACTivmES {wllnued) Wè Wld also like to give special thanks to all of our Twstees for tsr oThJoirrfJ guidance, committrnt. and support. their leadership continues to play a role in helFir4J the aub grow and thn"ve. Lasuy, may l tske this opkYlunty to thank all thè Staff at Norlh PaJdIngtl Yr¥Jth Club for making it another mèmorable yèar lor the children and your¥J P8OFAe we s8The trmjt most irrwianlly I would like to thank th9 childran. young pIe and parents for Iheir cCtijed support throughout a ¢Jrfftcult year. Thank you Ronr¢ie Renney Club Manager RESERVES POUCY Thè trustees consider that at least three nb)rtths ¢xhlltrAf experJibJre shwld be hald 8s reserves to ensure the continuty of actltIeS of the tharity and lorvJ temi viaknlity of the chanty. Thls Vate5 to £61.203. Actual free reserves amount to £93246 which the trustees ¢x¥Ier10 t adwat8. FINANCIAL REVIEW The surplus for the year ended 31 Marth 2025 of £107.51912024 deficat £7,664) has in¢xe8sed the fijnds of Ihe charlty fr(¥n a SLtrrplLLS of £47.199 at the beginnir*J of the year lo a SLvplus of £154.718 at Ihe year eThJ. Ap[Ve by the msnager1 (xynmlttee on .. .. vj svJn&J rts behalf by: Lefl8 Heditim Trustee
Independent Examinerfs Report To the Trustees of North Paddin ton Youth Club I report on the accounts of the chartty for the Far erhjed 31 Marth 2025 set on pages 5 to 9. Rospoct5ve Responslbllltlgs of thg Tnte85 and the Examiner The chartys trustees are responsible for the pwaration of the accounts. The chartys InJslees considw that an audit is not required for thss year urKler sect)n 14412} of Ihe Charitiès Act 2011 (the 2011 Acll and that an independent examinatrjn is needed. tt Is my responsibdity to.. . examine the accounts urKJer section 145 ofthe 2011 ACL . foknv the procedures lamj dovm in Ihe gerwal Dinknons given by ts Charity Commission under section 145{5)(b) of the 2011 . . State vhther pthlar matters ha o)me to my attent. Basis of Indep•nd¢nl EXin•S Report My examination was carried out in acrnrdar 1th the generdl Dire(ons gNen by the Charity Commissicfft. An examination inckKles 8 rewew of the ac¥x4Jnting reo)rds kept by the charity and a comparison (rf the ac•)JJnts wesented thtyth reCd$. 11 also indudes constderalion of any unusual items C disckjsures in the a¢cwnts, and seekiThJ explanatK)ns from you as Iwslees conceming any such matters. The FvcKedures undertaken do tbjt PYOVKle al the eVider that would required in an audit and consequenty no opinhjn given as to whether the awLtnts prese and far view, and the reFNt is limit&J to those matters sel (Krt in ts slatement bebw. Independent Examinees Statem In connection my examinatK)n, no matter has come to my attent vthith gives me reasonable cause to believe that in any material resFet# the requirements: la) to keep accLMJnting records in accordance Yth seraK)n 130 of the 2011 Act., and Ibl to prepare accwnts accwl V*ith the accounting records atNJ CfXnY Ihe accc4Jnting requirements of the 2011 Aci have not been mel. Hary Nicolaou FCA Chartered AcLxJuntsnt 21 Brendon Way Enfield EN1 2LF IS
North Paddington Youth Club ststement of Financlal Actlvitios For th• Yoar Ended 31 IAarch 2025 2025 2024 Total Fund INCOME from: Donations Charitable activities: Grants receivable GyTh 8nd room hire Other rncmie 2,235 216,897 109.540 1.212 90,143 103,920 4.615 Total Sncom• 367.699 2(Xl,913 EXPENDITURE on: Charitsbl¢ actl4ttl•s Staff costs Vehicle afKI travdliNJ cc£ts Consuttancy fees Members &tMb"es Sports and office equiFrnt EXSed Printing, postage, stationY Repairs and nltnar Hall hi InSUrae T8lephone F(Y)d vou¢hers CleaniThJ and w8Ste (1Cl* Dwèciation Other 8Xtw Governance costs: Accountancy and bookkeepiry fees IndeperKlent examination fees 124.145 7,132 2.295 62,628 13,979 2.831 7.136 103,263 15,588 10.364 1.105 3.881 60 573 1.788 3,135 9,417 3.270 2,199 573 1,957 1,955 17.171 15,368 810 Totsl exp•ndltu 260.180 208.577 Net Su181{d8fic1t) and net mov•mn¢ In fvnds 107.519 (7.664J Reconciliatlon of funds Total funts 011 April 2024 b[g fcrfwanj 47.199 54,863 Total funds at 31 Mar¢h 21)25 carrfed fon¥ard 1¥718 47, 199
North Paddington Youth Club Balance Sheet As at 31 March 2025 2025 2024 Flxed assets Tangible assets 61.472 13.080 61A72 13,080 Current assets Deblo Cash at bank and in hand 1.1CKJ 96,947 38.433 98.047 38,433 Credltors {4.801) (4.314) Net eurrnnt assgts 93246 34,119 Net assets 154.718 47.199 Funds Unrestrlcted general fvnds 154,718 47,199 Approved bythe Management C(nm1ee .. .. arKI signed on its behalf by.. Leila Hedjem Treasurer
North Paddington Youth Club Notes to the kcounts For the Year Ended 31 Mar¢h 2025 Accountlng pollcl•s The prinopal aCAJ)unting ¥K)leS are summarised belN. The accounting pleS tkwe been applied consistentty throughout the year and in the preceding y2aT. 11} Basls of accountlng The accounts (financial slatenwtsl have b88n prepared under the historical ojst Convent wlh items reLx)gniwJ at Cost or transadbon value Unl othepise ststed in the relevant notels) to those accounts. The financial statements have been prepared in accordan the Statement of Recommended Pr8¢ti". Acclwnting and Reporbng by Charitses ppanrVj their accounts in am)rdance the Financial Reporting Standard appluble in the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014 and the Finanrial Reporting Standard apFAicable in the United Kingdom and Republic of Ireland (FRS 1021 ar¥J the Charrties Act 2011. The charity constitutes a publr b8nafft antity as defin8d by FRS 102. lill Income l income is recognised once the charity has entlt1errt lo the inu)me, there is sufficient certainty of receipt and $0 it Trs probab that the 1rKj)n ill be recei1. and the arrK)unt of income receivable can be measured reliably. (al Vduntary income is received by way of donations aTrJ is incknjed in the Ststement of Finanual Acbvttses {SOFA) Vdhen receivable. {bl Grants and other incoming resourc8s ar8 rwnisthj in full in the Ststemenl of Financsal Acbvtties when eNable. Ilill EXpendIre Expendrture is cOgnIsed on¢% there a legal or nstrUCtiVe obligaton to make a p8yment to a third paty. it is probable that a setuement will be requwed and the amount of Ihe obligation can be measured reliabty. Charitable expen(Jiture g)rryises those o)sts inrTed by the tharty In the dglNery of its a¢tivib'es for ils benefiaaries. Govemance costs indude those costs asswated ¥th meeting the (#$onal and statutory requirements of the charity and indude independent examinalior) fees and costs linked to the strateglc rnanagernent of the L*aiity. Ilv) Flxed assets Fixed assets are stated at cost less XCUTnulated depreu8tth. Depreciats"on Caklated so as to off the cost of an less Fts estimated resldual value, over the useful e(x)rK)mic lrfe of th8t asset as follows: Equipment 20% on reducing balan Equipment is caprtaltsed wthen its purchase pr is £1.(W or Thbye. (v) Debt¢xs Trade arKI other debtors are re¢o3nised Ot the seUle£nt amount due after any trade discounts offered. Prepawnents are vdued al the aKnt prepaKI after laknng account of any trade discounts due.
North Paddington Youth Club Notes lo the Accounts For the Year Ended 31 March 2025 Accountlng pollcles (contlnu8d) (vl) CredIt$ Creditors and provisions are recognised the charity has a present oblhjation resulting from a past 8vent that will probably tt in the transf&r of funds to a third paty and the amount due to settl8 Ihe obligation ozn be msured or 8Stimated r8lrabty. Creditors and prowsKS are llOTmally recognised at Iheir sewenwrt anKxJnt after alk)wing for any trade d¢sL))unts due. (vlll Flnanclal Instruments The charitable company only has fironc?aJ awts and fina& Irabilities of a kind that qualrfy as basic fln8nci81 instruments. Bas financial instrurrnts are inilially recxyjnised at transaction value and subsequently rrEasured al their settEnt value ryth the excepticm of bank loans which are subsequendy measured al anKKtised ¢))st using the 8ffective interest methcmj. Grants rncelvab 2025 2024 Westside Community Furnj Weslminsler City Council The Feathers ASKlatiOn London Youth maeb0fte Generydl Mayorfs Fund for Lornlon HPPEC HNle Pafk UK Youth Knight Ca StreelGames Charity John Lyon's Charity Westminster Labour Oakray The National Lottery Dolphin Square Foundation MCC Lords Natural Histcry Museum 11.278 101,580 10.053 1.625 5.100 13,134 5.810 400 16,418 4.387 18.456 32.122 4.100 2.120 4.320 6,000 3.350 4.438 50.C[l 250 750 9.800 125 525 216.897 90,143 Slaff ¢osts 2025 2024 Sa18ri88 and wJes Socid security costs Pension contributions PayToII processThJ costs Staff weffare. training and devebpffftnt 119.413 2.7 99.714 1,117 541 771 1,120 103,263 826 322 124.145 For trustee remunera11 ease refer to N¢)le 8. No employee recetved emluments of ftwjre than £60.0(K). Th& av&rage weekty number of enplojpes was 11.33
North Paddington Youth Club Notes to the Accounts For the Year Ended 31 March 2025 Tanglblè flxed assets Equipment Total Cost Al 1 April 2024 Addibons 89.882 63.760 153.642 80.905 8,977 89,882 At 31 March 2025 Oepreclatlon Al 1 April 2024 Charge for the year At 31 March 2025 76.802 15,368 92,170 73.532 3,270 76,802 Net book value At 31 March 2025 61.472 73.080 At 31 March 2024 13.080 7.373 Debtors 2025 2024 Other debtors 1,100 Credltors: Amounts falling due within on• y•ar 2025 2024 Taxes and social securrty other creditor5 2.601 2.200 1.761 2.553 4.801 4,314 Flnanclal InslJuments The ch8rity onty has ffinancial assets and fftianual liabilities of a kind that qualfy as basic financial instruments. 8asic financial instruments a initially recryniwl at transaction value and subsequently measured at their settlement value wlh the excepti of bank loans *thi¢h are subsequenly measured at aFr"Sed wst using the effg¢tiv8 interesl meth(¥J. Relatsd party trdnsacllons Sarah Peppin. 8 former tnJgtee of the charfty, pro c4)nsultancy seryices to the charity al a cost of £2,295.