CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 01 Jan 2023 Period start date To31 Dec 2023 Period end date Charity name: Gosberton Youth Centre Address: 21 High Street, Gosberton, Spalding, Lincolnshire, PE114NW Charity registration number: 506927 Objectives and Activities To help young people to develop their physical, mental and spiritual capacities that they may grow to full maturity as individuals and members of society. Own, manage and maintain the building and facilities to enable them to be used for the benefft of the community, especially the young people from pre-school age to adulthood. The Youth Centre was an empty building at the start of 2023. Previously it was rented by the trustees to a playgroup company, who stopped trading and left the buildin8 in August 2022. The future of the building was in doubt, but new trustees were acquired, and a plan put in place to restore the building and its activity to that of a Youth Centre. Achievements and Performance The new Trustee5 formed a separate management committee with the objectives of fund raising to restore the building for youth hubs. Many activities were run, some on a weekly basis to raise money. Many grant applications were made and successful in the year. This has resulted in a transformation of the facility to one that can run as both a youth centre and warm space hub for the community. Further funding is being sou8ht for next year to complete renovations and upgrades. The current year has seen the running of successful community hubs. It is intended to start youth hubs in the new year with training of volunteers currently in hand. Financial Review Over 90% of income has been from specific grants or local authority or organisation donations. Most of the grants have been awarded for specific projects to upgrade and make the facility fit for purpose. The remainder has been raised by volunteers running activities such as bingo, race nights, open days etc. The heating system has been upgraded to infrared throughout and a new boiler to heat the toilets and water. Some equipment has been purchased for the future youth hubs. General overheads are covered by the fund-raising activities. Any cash re5en4es are held in an interest-bearing account at our bank. When all capital projects are complete, it is intended to keep a small reserve for potential future repairs. Structure, Governance and Management The charity has a constitution which was adopted on 3, February 2014 and amended by Re501ution on 24th November 2014 and 19th July 2018 All trustees and management are volunteers. The treasurer / trustees are responsible for grant applications and financial control. The management committee assist with funding, training, planning events and preparation for the running of youth hubs.
Gosberton Youth Centre Trustees NAME Revd lan Walters OFFICE Trustee & Chairman Trust & Secretsry Trustee Dates Arted 12103/11-todate Notes Debbie Reynolds Left 8102124 Resigned Neil Oakman 13103123 todate Richard Baker Trustee & Treasurer Trustee 22103123 -todate Tom Mehew 13103123 todate Paul Newell Trustee 13103123 - todate Maggie Geaney Trustee 13103123 - todate Karen Elllson Trustee Left 27104123 Resigned Peter Waudby Trustee 13103123- 13/06124 Resigned Declarations The trustses d8clare that they have approved the trustees, raport above. Slgned on behalf of the charlty's trustees Slgnature(s) Full name(s) Revd lan Walters Richard Baker Position (eg Secretary. Chair. etc) Chair Treasurer Date 3 O&&bL Li*
Gosberton Youth Centre Profit & Loss Account for the Year Ended 31 December 2023 31.12.2023 31.12.2022 31.12.2021 Income Income events Income hires Grants /other Bank Interest £4,717 £350 £52,387 £61 £57 515 £2,700 £3,600 £100 £0 Check £0 £3,600 Ex enditure Telephone Post & Stationery Cleaning & Sundries Caretaker Insurance Electric Gas Repairs & Renewals Water Rates Licences Loan Repayments Project repairs Funded Event costs Equipment/ capex £70 £104 £403 £0 £877 £1,187 £1,106 £1,138 £290 £105 £389 £0 £3,746 £1,508 £22,557 £33 481 £943 £119 £100 £742 £780 £10,395 £1 Check £0 £11,175 Profit Loss £24 033 £895 Balance Sheet Balance b/f Surplus / deficit Balance C/f £6,584 £24,033 £30,617 £5,689 £895 £6,584 £13,264 -£7,575 £5,689 Bank Petty cash Total £30,436 £182 £30,617 £6,585 £0 £6,585 £5,689 £0 £5,689
Gosberton Youth Centre Accounts for January 2023 - December 2023 I have examined these accounts and found them to be a true record of the financial transactions for Gosberton Youth Centre from January 2023 to December 2023. I have no concerns regarding these accounts. Signed by Wendy McCalLum 13" July 2024