Registered Charity No: 304179 PHOENIX YOUTH CENTRE ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2025 PHOENIX YoisfH CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 Trustees Mrs E Bedford - President and Honorary Secretary 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 Charity Number 304179 Bankers: HSBC Accountants D A Roberts Accountancy servI￿s Limited Chartered Accountants 41 Newbury Drive Daventry Northants NN11014VQ Page 1 PHOENIX YOUTH CENTRE CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 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 Statement of Finanrial Activtb'es 11-12 Page 2 PHOENIX YOUTH CENTRE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 The trustees present their report and accounts for the year ended 31 March 2025. STRUCTURE, GOVERNANCE AND MANAGEMENT Govemlng Document The charity is govemed 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 Truste8S Trustees shall be elected by the Membership of the Charity at the Annual General Meeting. Objects To improve the life chan￿S of children and young people in the Daventy Distrtct by providing leisure time activities which help develop them in mind, body and spirit. so they may mature as individuals and members of society. Public Benefit In planning our activib'es for the year we kept in mind the Charity Commission's guidance on public benefit at our trustee meetings. The focus of our activities remains a programme of youth orientated events and actrvtties. This benefits young people by developing their self-Confiden￿, social and life 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 life experiences of our young people. ACHIEVEMENTS AND PERFORMANCE Financial Review The Accounts have been prepared in accordance with the Charities SORP {FRS 102). This year the Accounts have again been prepared on an a¢￿ualS basis. by the inclusion of debtors and creditors at the year end. This method of accounting prCyJu￿S a set of Accounts that show the full financial position of the Charity at the year end. The Accounts show a small loss for the year of £4,551 (2024 Profit - £19,500), giving total funds carried forward of £163,217 (2024- £167,768). Page 3 PHOENIX YOLrrH CENTRE STATEMENT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 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 state of affairs of the Chanty as at the end of the financial year and of the surplus or deficst of the Charity for that period. In preparing those accounts. the Trustees are required to.. select suitable accounting policies and then apply them consistently; make judgements and estimates that are reasonable and prudent. follow applicable accounts'ng standards, subject to any material departures being disclosed and explained in the accounts", prepare the accounts on the going concem 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. with reasonable accuracy, at any time, the financial position of the Charity and to enable them to ensure that financial statements 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, Commttment and professionalism over the past year. Marie and her team should be congratulated on continuing to deliver a high quality programme, so consistently, day in day out, and with such passion and determination, to well over 500 members. The numbers you cater for on a weekly basis speak for themselves. Maintaining this fabulous facility is also a huge undertaking for Marie and the staff. and again our expectations are consistently exceeded. You only need to look around today and you can see how immaculate and well maintained the pla￿ is. I can't help say again that, l am sure I speak on behalf of all of the trustees when I say that it is so reassuring to know that such a fantastic community facilty, is in such safe and competent hands. and we have no doubt that these high and exacting standards will continue over the coming months and year. In my role as Chairman, I will continue to support Marte in every way I can, with a sharp eye on maintaining a secure and stable long term future for the centre and rts users, and with a specific focus on supporting Marie and her team to continue to build on the diversity of the ￿ntreS offer in order to achieve the Charity's aims. We as trustees, l am sure like everyone here. are looking forward to another positive year ahead, one with stability and diversity at its core. and a year in which effort and energy is rewarded with progress and success. I would like to thank Marie and all of the DPSA stsff for all of their hard work, commitment and resilience over the past year. os-0< This report was approved by the Board of the Trustees on ........ Mr J Boyes Page 4 INDEPENDENT EXAtdlNER'5 REPORT TO THE TRUSTEES OF ThE PHQENIX YOUTH CEèfflie YEAR ENI)ED 31 ST IIARCH 2025 ferth ¥t tt* ￿Unts d 1h2 Cnatr fc* the ye¥ ended 31 Ilaffjty 2023 vth£ti are s* oul on p4es 6 10 12 The Irusiees are resp)r￿Je fror Its rrepwalion al tr* aGiti' YI ￿ Tr4 trb'%ees rw&w ￿at ali a￿211 :s reoJ,'red fly this ufthr 5e*• 141,2,, 01 the .￿11 (tr￿ :'J4 1 l•d} 3rd tt*t an I,-rwVrtent exa￿Al￿11¥￿ s r￿￿j&2 ,ty's gr%s i.wTe ex￿.4￿1 £24 *KI *e afe q'th71Efiett dndertakb> •tre extif4Trr4&w tsy a qua i. rrwtw o,, IM Iriststute of crwtw*l PAXD￿'n1apts ￿ Engaryi ar* btr&'e5. 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