**Trustees’ Report** year ending 31 March 2022 ## **Review of the year’s activities** The pandemic continued to affect the Club, particularly at the start of the year but restrictions were eased in the summer and there was a gradual return to normality. Last year’s Friendship Project Grant was put to good use with the Club opening on Saturdays and in addition to the usual activities, the facilities were also opened up and put to good use for the Healthy Holiday scheme. There were no serious incidents or other matters relating to the Club which would be required to be reported to The Charities Commission in the year ending 31[st] March 2022. ## **Review of the results for the year** The accounts report a surplus of £2987 (2021 surplus £21575). The KMC Friendship Project payment of £5265 which The Club received last year was spent this year but any potential deficit was offset by Government grants and the last of the furlough scheme. The Club’s finances remain sound with a healthy cash deposit balance of over £139000 and a satisfactory performance from its investments. ## **Proposed future activities and their financial impact** The Club is actively looking for funding to instal disabled access to the first floor gym via a lift and this is likely to be the major project of next year. ## **Preparation of accounts** The accounts have been prepared by the hon. Treasurer and presented in the same form as previous years. ## **Central Youth Club** ## **Statement of financial activities For the year ended 31 March 2022** **2022 2021 £ £ Incoming Resources** Subscriptions&Donations - 455 Investment Income 10479 10560 Bank Interest 792 1268 Boys’ & Girls’ Subscriptions 2397 - Profit on Canteen 5 - Car Park Income 13263 11100 Rental Income 16063 6676 Healthy Holidays Grant 4200 - Covid Grants (inc.furlough) 15583 28795 KMC Friendship Project - 5265 _______ _______ **62782 64119 Resources Expended** Salaries,National Insurance &Pension Contributions 40682 34980 Rent,Rates & Insurance 2757 2016 Light & Heat 3946 4086 Repairs & Renewals 6561 736 Games,Sports & Club Activities 1600 157 Postage & Telephone 382 338 Cleaning & Incidental Expenses 1923 231 Healthy Holiday Costs 1944 - __________ _________ **59795 42544 _________ ________ Net Incoming Resources 2987 21575** Unrealized (loss)/gain on Investments 22978 59053 Fund Balance brought forward at 1 April 2021 531924 451296 ______ _______ **Fund Balance at 31 March 2022 557889 531924** **Balance Sheet At 31 March 2022 2022 2021 £ £ Fixed Assets** Tangible Assets 52842 52842 Investments 371387 348409 __________ _________ 424229 401251 __________ _________ **Current Assets** Stocks 150 150 Debtors 595 595 Bank Balance & Cash: General Account 139890 135552 __________ __________ 140635 136297 **Creditors:** amounts falling due within one year 6975 5624 **_________ _________ Net Current Assets** 133660 130673 __________ _________ **Net Assets** 557889 531924 ## **Independent examiner's report on the accounts** **Section A Independent Examiner’s Report** **Report to the trustees/** Charity Name Central Youth Club **members of** **On accounts for the year** 31[st] March 2022 **Charity no** 523735 **ended (if any) Set out on pages** 1-3 (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31 / 03/ 2020** . - **Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation **basis of report** of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. **Independent** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect: - accounting records were not kept in accordance with section 130 of the Act or - the accounts do not accord with the accounting records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. * _Please delete the words in the brackets if they do not apply._ **Signed:** C O’Neill **Date:** 17/01/2022 **Name: Relevant professional qualification(s) or body (if any):** **Address:** Herons Court[Manor Gardens ] Waburn Green HP10 0EA **October 2018** 1 **IER** **Section B Disclosure** Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the examiner wishes to disclose** . **October 2018** 2 **IER**