Registered Charity No: 304179
PHOENIX YOUTH CENTRE
ANNUAL REPORT AND ACCOUNTS
FOR THE YEAR ENDED 31ST MARCH 2024

PHOENIXYOUTH CENTRE
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
Trustees
CSubs for Young People (Northampton}
Mrs E Bedford - President and Honorary Secretsry
Mr J Boyes- Chairman
Mr J Spires - Treasurer
Mrs L Cranham
Secretary
Mrs E Bedford
Registered Address
Phoenix Youth Centre
Ashby Road
Daventry
Northants
NN11 OQE
Charlty Number
304179
Bankers:
HSBC
Accountants
D A Roberts Ac£ountancy servI￿s Limited
Chartered Accountants
41 Newbury Drive
Daventy
Northants
NN11 OWQ
Page 1

PHOENIX YOUTH CENTRE
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
CONTENTS
PAGE
Report of the Trustees
Independent Examinerfs Report
Statement of Financial Activities
Statement of Financial Position
Notes to the Financial Statements
8-10
Detailed Ststement of Financial Activities
11-12
Page 2

PHOENIX YOUTH CENTRE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
The trustees present their report and accounts for ihe year ended 31 March 2024.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Document
The charity is governed by its Constitution which was adopted on 12 April 1962. and amended in April 2005, June 2006.
June 2015, July 2016 and January 2022.
Appointment of Trustees
Trustees shall be elected by the Membership of the Charity at the Annual General Meeting.
Objects
To help young people through their leisure time activities so to develop their physical, mental and spiritual capacities
that they may grow to full maturity as individuals and members of society and that their conditions of lrfe may be
improved.
Public Benefft
In planning our activities for the year we kept in mind the Charity Commission's guidance on public benefrt at our trustee
meetings.
The focus of our activities remains a programme of youth orientated events and activities. This benefits young people
by developing their self-¢onfidence, social and lrfe skills. We welcome all young people regardless of personal
background. faith, gender or personal circumstances and we believe this philosophy of openness to all enriches
everyone through the sharing of the skills. aptitudes and lrfe experiences of our young people.
ACHIEVEMENTS AND PERFORMANCE
Flnancial Review
The Accounts have been prepared in accordance with the Charities SORP (FRS 102).
This year the Accounts have again been prepa￿d on an accruals basis. by the inclusion of debtors and creditors at the
year end. This method of accounting prcrfjuces a set of Accounts that show the full financial position of the Charity at
the year end.
The Accounts show a profit for the year of £19,500 {2023 - £26,091). giwng total funds carried forward of £167,768
(2023 - £148,268). The Centre is making a strong recovery. following the COVID restrictions.
Page 3

PHOENIX YOUTH CENTRE
STATEMENT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
STATEMENT OF TRUSTEES RESPONSIBILITIES
The Constitution requires Accounts to be prepared by the Trustees for each financial year, which show a true and fair
view of the stste of affairs of the Charity as at the end of the financial year and of the surplus or deficit of the Charity for
that period. In preparing those accounts. the Trustees are required to:
select suitable accounting ￿lIcIeS and then apply them consistently.
make judgements and estimates that are ￿asOnable and prudent:
follow applicable accounting standards. subject to any material departures being disclosed and explained in the
accounts"
prepare the accounts on the going concern basis unless it is inappropriate to presume that the Charity will
continue its activities.
The Trustees are responsible for keeping proper accounting records which disclose, wth reasonable accuracy, at any
time, the financial position of the Charity and to enable them to ensure that financial ststements comply with the Charities
SORP {FRS 102). They are also responsible for safeguarding the assets of the Charity and. hence, for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
CHAIRMAN'S REPORT
I would like to thank Marie and all of the DPSA staff for all of their hard work, commitment and resilience over the past
year.
My assessment of the current position is one of continued optimism. Marie and her team should be congratulated on
delivertng such a high quality programme, so consistently and wrth such passion and detemiination, to well over 600
members. The numbers you cater for on a weekly basis speak for themselves.
l am sure thal I can speak on behalf of all of the trustees when I say that it is so reassuring to know that such a fantastic
community facility is in such safe and competent hands and we have no doubt that the Centre's programme will
Gonsolidala over the coming months and year.
In my role as Chaimian, I will continue to support Marie in every way I can. with a sharp eye on maintaining a secure
and stable long temi future for the Centre and its users and with a specific focus on supporting Marie and her team to
continue to build on the diversty of what the Centre can offer.
It is my view that. with the Centre's gymnastic section so very well established, Marie and her team can continue to
develop and nuriure the altemative revenue streams now in place. such as stay and play sessions, third party bookings
and users, events and parties, and the cafe.
We as trustees, l am sure like everyone here, are looking forward to another positive year ahead. onè with stsbility and
diversity at its core and a year in which effort and energy is revrfarded wtth progress and success.
This report vms approved by the Board of the Trustees on .X.g. bj e
Mr J Boyes
Page 4

P140ENIX YOUTH CENTrE
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PHOENIX YOUTH CENTrE
YEAR ENDED 31ST AIARCH 2024
We teport on the rnnls of Ine Charty lor The year enaej 3.1 Marcn 2Q24 whLn are 58t OUT on Dages 6 to 12
Rwtiv• responslbllltle8 01 trustees and examlner
Irusoes are re5ponqible for preparat￿fi oi Ihe a￿Ount5 T￿£ tnJSiees rynsQeT In3: an oudit t5 ncl reoiiifeo lo(
tttis year under seciit>n 144121 tsf lfr* CbAr IIES Acl 2011 Iltr￿ ?C.11 Act;. li￿[ an Indepervien., ¢yamir.3liDn fj needed
Thfr chanty s gross incorr.e tixceédea fa5 000 and Wv aré Qu31ifieo ;o undertake the exarnlpA31i￿ by teing a qualifed
mEmDer ol the Instslule of Cttanerea nccountans In Engknd and Wa5
H3¥ing 5alith 0￿r￿1vE5 the cttarily s not SUD'ect *0 dn audrt urh*f cryr,pany law and is eh9ibJe for independent
examinabon Il Is our resFonybility to
examine IFie uncer secbon 14! ol the 2011 ACL
folbw trie prfX-edL'Te5 ia,'o do￿ Ip, the Qwerai D¥eeLiuf4S given by the cr￿ntY CotNn6softs lunder
sect￿￿ 145j5}1ts) ol trie 20 11 Ac*i: ana
srate Wheth￿ part￿liar mallers ￿￿￿e come to my attEnt
Ba$18 ol ind•wfidenl examlner's slatem
Our e¥ammahGn bvas wr¢ed Oul In acrA3rdaTr￿ wnh rne Ge-.,erai Dir&￿￿￿.5 given tsv the Cnanty CommTSSWlS An
Exarnltsk￿n Inclu(ks a re¥iew ol the ￿C￿LIn11￿5 ￿rdS kept by I￿.e ctwly aid a comparwn of thé actounts presenled
Wilh b*ose . c￿r￿S 11 aSso Inc'utles cons&raiJon cl any tJfiU5u• It*ms of aiscsosufes In the accounts. an£1 >eeking
explanabons Ircrfp. YDU as trusiees oJncemin9 any such maller5 TtP PfD¢edtsres urvJert3K•n ao not provioe all the
evidenrx that ￿'GuId tse r￿UlTed In ail akndrf and r￿P.$eqUen11Y no opinion IS givrn ds ￿ *h4>ether tho atr￿U￿￿ prBseni
a Irue ancl ts.r Vtr'￿ and ltr¥ie ,"epvrt ￿ hmited lo lf.ose Trtteis sel oul r, ihe sTriemenk tse￿*•
Ind¢pond•nt examiners ststefflenr
In CtyineCt￿n wth our examinaiityl. 110 macer lias corne to our allenlinn
whth gNe5 us rea*nable Ixjse to t￿￿Ve tnai In, any ma*nai respea. IfrE ￿UirementS
to k*ep ￿untIng ￿COrts In acccrdantx wtn secbon 386 01 Ine ComDan*5 and
lo prepare a￿olintS accord wiin tne attotsntsng f££ords and amply VAth tts accouiitina
requirements ot seCI￿n u56 .JT the com0ran￿S Acl 20C6 and wi'h the method*_ ana P*in&ples ol the
Staternenl of Recomm#naeo Practice Lcountiny anG Re¥Krting by Cttants￿ have noi tseen Tr￿ fy"
whth In OUT opNon attent￿n strwlc be dra*m in Ofder to eDable a proFer urKJetsBnding of the accounts to
be rexhed
D A Rotsrts Acc￿￿tar.cY Seyviies L Thited
41 NewL4Jry Dri¥
Daventry
NcrtranEs
NN11 ma
SMJnatUfQ.
AILUL 4
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Paje 5

PHOENIX YOUTH CENTRE
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted
funds
Restricted
funds
Totsl
2024
Total
2023
INCOME
Income from generated funds
Donations
Income from investments
Income from charitable activities
Other income
17
1,615
288,738
6,000
17
34
1,615
266
288,738 259,707
6,000
20,000
Total
296,370
296,370 280,007
EXPENDITURE ON
Costs of generating funds
Expenditure on charitable activities
276,870
276,870 253,916
Totsl
276.870
276,870 253,196
NET INCOME
19,500
19,500
26,091
Net movement in funds
19500
19.500 26,091
RECONCILIATION OF FUNDS
Total funds brought forward
148,268
148,268 122,177
TOTAL FUNDS CARRIED FORWARD
167,768
167,768 148,268
Page 6

PHOENIX YOUTH CENTRE
STATEMENT OF FINANCIAL POSITION
YEAR ENDED 31ST MARCH 2024
2024
2023
Notes
FIXED ASSETS
Tangible assets
62.226
67.780
CURRENT ASSETS
Stock
Debtors (amounts falling due within one year)
Cash at bank and in harKI
148
1,267
111.089
205
1,618
85,742
112.504
87,565
CREDITORS: Amounts falling due within one year
6,962
7,077
NET CURRENT ASSETS
105.542
80,488
TOTAL ASSETS LESS CURRENT LIABILrriES
167.768
148,268
CAPITAL AND RESERVES
Unrestrlcted funds
167,768
148.268
167.768
148.268
These financial statements vRre approved by the Board of Trustees on24.-.k)..- Io i¥?nd vRre signed on its
behalf by:
ned
Mr J Boyes
Chairman
Mrs E Bedford
President
The notes form part of these financial statements
Page 7

PHOENIX YOUTH CENTRE
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST MARCH 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the Charity have been prepared in accordance with the Charities
SORP {FRS102) Accounting and Reporbng by Charities: Statement of Recommended
Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities
Act 2011. The financial statements have been prepared under the historical cost convention.
b)
Income
All incoming resources are included on the Ststement of Financial Activities when the charty
is legalSy entitled to the income and the amount can be quantified with reasonable accuracy.
Expenditure
Expend¥ture is accounted for on an accruals basis and has been classified under headings
that aggregate all costs related to the category. Where costs cannot be directly attributed to
particular headings they have been allocated to activities on a basis consistent wsth the use of
resources.
d)
Taxatlon
The charity is exempt from tax on its charitable activtties.
Fund accounting
Unrestricted funds can be used in a¢cordano with the charitable objectives at the discretion
of the trustees.
Restricted funds can only be used for particular restricted purposes within the objeGt5 of the
charity. Restrictions arise vlhen specrfied by the donor or when the funds are raised for
particular restricted purposes.
Designated funds are funds set aside by the trustees out of unrestricted general funds for
specific future purposes of projects.
Tangible fixed assets
Depreciation has been provided at the following rates in order to ￿tte off the assets over their
estimated useful lives.
Office Equipment
Sports Equipment
Café
Fixtures and Fittings
- 25Yts reducing balance
10 % reducing balance
10°/o reducing balance
- 25 % reducing balance
g)
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for
obsolete and slow moving items.
h)
Pension costs
The charity operates a defined contribution pension scheme. Contributions are charged to
the Statement of Financial Activities as they become payable in accordan￿ with the rules of
the scheme.
Income
All income is recognised in the Statement of Finanaal Activtties once the charity has
entitlement to the funds. it is probable that the income will be received and the amount can be
measured reliably.
Page 8

PHOENIX YOUTH CENTRE
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST MARCH 2024
2. AVERAGE NUMBER OF EMPLOYEES
The average number of employees during the year was 9 (2023- 9).
No employee received remuneration amounting to more than £50,000 in either year.
No trustee received any remuneration or reimbursement of expenses.
3. TANGIBLE FIXED ASSErs
OFFICE
SPORTS
EQUIPMENT EQUIPMENT
CAFE FIXTURES TOTAL
& FirriNGS
COST
At 1 April 2023
6.347
119,563
3.120 25,509 154.539
Add￿onS
1.110
1,369
At 31 March 2024
7.457
119,563
3.120 26,878 154,539
DEPRECIATION
At 1 April 2023
5.157
57.683
1.462 22,457 86.759
Charge for the year
574
6.188
166
1.105
8.033
At 31 March 2024
5.731
63.871
1,628 23.562 94.792
NET BOOK VALUE
At 31 March 2024
1.726
55.692
1.492
3,316 62,226
At 31 March 2023
1.190
61.880
1.658
3.052 67,780
Pag8 9

PHOENIXYOUTH CENTRE
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST MARCH 2024
4. STOCK
2024
2023
Stocks
148
205
5. DEBTORS: AMOUNTS FALLING DUE WtrHIN ONE YEAR
2024
2023
Trade debtors
Other debtors
1376
1.242
1.267
1,267
1,618
6. CREDITORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR
2024
2023
Trade creditors
Accruals
Taxation and social security
24
3.818
3,235
3.271
3.691
6,962
7.077
7. UNRESTRICTED FUNDS
Brought
forward
Incoming
sources
Outgoing
resources
Carried
forward
General fund
148,268
296,370
(276,870)
167.768
148,268
296,370
{278,870)
167.768
Page 10

PHOENIX YOUTH CENTRE
INCOMING RESOURCES
FOR THE YEAR ENDED 31ST MARCH 2024
2024
2023
Incoming resources
Incoming resources from generated funds
Other
Donations
17
Bank interest received
Investment income
1,615
266
Charitable Activity
Gym Income
288,738 259.707
Other Incoming Resources
Grant income
6,000
20,000
296.370 280,007
Page11

PHOENIX YOUTH CENTRE
EXPENDITURE
FOR THE YEAR ENDED 31ST MARCH 2024
2024
2023
Expenses
Cost of generating funds
Water
Heat and light
Cleaning
Repairs and maintenance
Salaries
Employers NIC
Pension contributions
Training
Computer costs
Travelling expenses
AcGountanGy fees
Professional fees
Insuran
Printing postage and stationery
Telephone
Advertising
Health and safety
Affiliation and li￿nce fees
Centre expenses
Bank and EPOS charges
Depreciation
2,112
27.893
2,886
11.564
190,817
10.676
3.986
918
30,476
1,760
5,235
177.875
10,075
3.458
1,090
20
215
1.440
615
1,440
6,068
964
2,452
5,699
1,876
2,371
1,040
539
4,942
8.034
1,311
181
753
9,050
276,870
253,916
Page 12