| Itwasresolved in July2W8, whichcontinustoremain in place, thatthe | |
|---|---|
| Brief statementofthe charity's policy onreserves |
Development Fund holdreservesinordertoincreasetheoperational capacityoftheAssociationandformatchfundingopportunities.This |
| amountwillalsoindudestaffcosb ardeventsardersureoontingency planningfora rollingthreyearperiod. |
|
| TheCommittee are committedtolooktoregularty reviewthisreserve due | |
| totheincreased operational expenditure as a result of its new | |
| mo&l | |
| Adeficit was generatedintheyear(c-18%of annual eryenditure) $'hicfi reulted inthe reserve heEbythecharitydecresing-Butthose |
|
| Details ofanyfundsmaterially indeftcit |
reseryesstillrepresent morethanone yearofcunentspending.This providessomesecurityforthefutureprovision of serviceswhilstenabling ustoraiseoonsiderfur$erfrrturegrant furdingandfundraising |
| opportunities. | |
| Furtherfinancialreview details | (Optionalinformation) |
| You maychocetoindude additional irfonnation,wfrere relevant about: .thecharity's principal |
lnordertoensure thattfreAssociationhasfundiqEforitsannual eleerdifurefora rollingthree yearperiod, periodic largefurdraisirg eventsareheld and othersourmoffunds,sr.lchasextemal gmnts, are sought. |
| souruesoffunds(indudirg anyfurdraising); |
Thenatureofinomeb,as ever,cfiallengingas acfiarity,particularly vvhenlookirgtoeryandactivitiesresultirgin increasedffiS |
| .howexpenditurehas | |
| supportedthekey objectives | Grantfundinghas been receivedfromseveral sources duringtheyear. |
| ofthechanty; oinvesffnent policyand |
Particularthanksareoreilto: |
| obiec{ives includingany ethical investment policy |
.TheChartleyFoundationfortheirsupportofoursctroolholidays activities. |
| adopted. | |
| .ThePoliceandCrime Commissionerforvariousgrants targetedat | |
| diversionaryac*ivithsforteenagers |
| igned on | beh | alfofthecharity's | trustees | |
|---|---|---|---|---|
| Position | (eg | Signatun{s) Full name(s) Secretary,Chair, etc) |
t'-^{l.**-^A (rliqrn |
Qq\q6 C1*qALSS?act+as.>_/ k . Vrc-&+ Qoa{€ lin,xhez<{^.ea-a,,--,e} |
| Date | ??l:1-zaz( |
•JCL Jackson Calvert INDEPENDENT EXAMINERS REPORTTO THE MEMBERS OF staffordshlre Assoclation of Clubs for Young People 1 ieporton iheannexed ac(ount5forthvyEarendÈd 31Stlu 2020vdhlch have been preparedunderthe acuu?15 b4sLs. RE5PECtIVE REspofésiBILITIESOF MAtQAGEMENTCOMMIThEE ANDEXAMINER The charltvstrusteesare re5PDll51blefoT ihe prepaiatlon af thÈaOrtt£.The charlty's trv5tees conslderthatan audit15 not regvlred for Ihisyearlundersectlon 144121 oliheChari1125 Att2011lthp2011tl andthatèn Independeniexamlnaiton Is Tequlreil. Èxamlne theaccounts underSenioD 145 of the loll Att follow ihe produreS lald down In thÈ GÈnÈral D1rettltsns gfven by the Chariiycomrnlssloners (under tDState whethe< pèrticular mattels have corne io myaiteniion. BASISOFTHE INDEPENDENT*XAMINER5 REPORT OurexamSnaiionwasor{ied out In accardante with the General Dlrectlonsgfven bythe CharltyComtD1551oD. An examlnatltrn Includes revlew olihe accouniing record5 kepi byihecharityind è tomparison of the3tcounis presented wfth ih05e recofd5.11 a150 includes rnitters. The procedures undeitaken do noi provlde a11 the evldencp Ihatwould bÈ¢eouiied byèn audlt, and con5equeniiy nooplnlun15 given a5towhÈtherthÈatCOunts present a"Irue faSrview' andthE repDrt1s litnitEd 10 Ihase matters seiout In thestaiement5 bpbw. INDEPEWDENTEXAMINERSSTATEMENT Inconneaionwllh tnyex4miTratl4n, ntt mattÈi has cometo rnyaitentlon.. whlchglves rne reasonablE ov5eto bellEvÈtha¢ irt anymèteilal respeffjthe requlrement5 to keepatttsuntlng retords In accordance wilh Seciion 130 olthe 2011 Act.. and to prepare atcount5whlch accord with iheaccouDiingrecofds4nd totomplywlth theaccounisn8 TeouSremeD15 Of thp 2011 A¢t have not been mèt., or iowhlch In myoplnbn,aiteDllon shDuld bedrawn In orderto Ènable a properundersiandlng of theaccovnt5 to be reachEd. Mlwilllam Moiteis FCCA, OA Hons ead Jaikson CafvErt Llmlted Bennettcoynei House 33ColeshlllStreet Sultoncoldfleld Wtst Midl&rtds 872 ISD 2510512WI t 01213550404 f 0121355 2404 e info@jacksoncalvtrrt.co.uk www.Jaeksoncalvert.¢o.uk ACCA Bennett Corner House, 33 Cdeshlll Street, Sutton Coldfield, West Mi¢Jlan¢Js, BT2 ISD Dltèitor&fvl IloboitsFCCA.W MollheOd9AHs, FCCA. R (joltslI Hon5.FCLA