MOORE Charlly reglstratlon number 803431 {England and Wales) Comp•ny regSstrallon number 02484603 NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 AEBEMZEJ 19m912025 COMPANIES HOUSE A03
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NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS LEGALAND ADMINISTRATIVE INFORMATION Trustees D E Darby Dr F Cole M Walker A Hadley Rev D Shearer Rev J Nickols Bp J Holbrook (AppThIed 29 August 2024) Se¢r•tary J M Whltlaker Senlor management J M Whillaker Chèil exe¢uliv8 officer Charlty number {England and Walos) 803431 Company number 02484603 Rgglstered offl¢e Kings Park Kings Park Road Moullon Park Northamplonshirè NN3 6LL Audltor Moore Oakley Hou30 Headway 8usines$ Park 3 Saxon Way Wesl Corby Northamplon$hire' NN189EZ
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS CONTENTS Page Trustees, report Statement of Irustees. responsibililies Independenl audilor's report 8-10 Slalèment ol fin8ncl81 acllvi16es 11 8alance sheel 12 Slalemenl of cash flows 14 Notes lo Ihe financial Slalemenls 15-43
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 Thè Iruslées presènt their annual report and financial slalém8nts for thè year ended 31 Mareh 2025. The financial slalements have been prepared in a¢cordan¢e wilh the accounting poliel8s Sel oul In nole 1 to the rinanclal slalemenls and comply with Ihe charily's governin9 document, Ihe Companies Act 2006, FRS 102 "The Flnancial Reportlng Standard applicable In the UK and Republic of Ireland" and Ihe Charities SORP "Plcounllng and Reporiing by Charities.. Slatemenl of Recommended Praclice 8ppllcable to chaiilies preparing their accounts In accordance wilh Ihe Financial RoportSng Standard applicable in the UK and Republic of Ireland IFRS 102)". ObJè¢tlvos and actlvltles The principal aclivily ol the group continues lo be Ihe helping and educalin9 of young people especlally. bul not excluslvely, Ihrough thelr leisure lime actlvllies so as lo develop their physical, menlal and spiritual capacities In order th81 they may grow lo lull m8lurlly as Individua16 and members of 60¢ièly and Ihal Iheir conditions ol lifè rnay be improved. We deliver Ihese obJgcllv85 throu9h'. Youth developmenl programmes for affiliated club5 and emerging leaders Residential axperi8nces al Pioneer Cenl(e and Whllemoor Lak?s Tralnlng and development facllllies al Klng's Park Conleren¢e Cenlre Sports and leisure opportunities al Kln9's Park Sports Our work speclncally supports Ihose Ilvlng In poverty or dlffl¢ull elrcumslances. young people al rlsk, and Ihose wllh disabilities. speclal needs. or serious illnes$ equipping Ihem wilh skills in Independence. Igarnwork, resilience, 8nd sell-confidence Slraleolas for achieving alms and obleclives Slralegi8s for achieving the alm have Included bulldlng and developmenl ol a numbèr of major lacllilles, Including the Hereward Wake Training and Conference Cenlre, Benham Sports Centre and Indoor Tennis Cenlrg al King's Park, Northamplon.. Pioneér Acllvily and Conference Centr8 near Kiddeminsl8r,' Whi18moor Lakes Cenlre, near Llchfield.. Frontier Cenlre near lrthlingborough - now run by Rock UK; Th8 Ranch Ouldoor Dlscovery Centre In North Wales - now run by Ihe CMC Advenlure,. and an Expedilion Base on the Isle of Harris in Ihc Outer Hebrides now known 89 lh8 Scaladale Centre and run by Lewis and Harris Youth Clubs Association. NAYC helps young people by selling up and supporting youlh clubs provlding aclivllies (sporls. arts, and leadership training} whlGh Improve sell-esleem, social skills, ¢ombal under.achievemenl and promole In¢luslon. Resldenlial experiences providè opportunities for young people lo become posilive about the future. The work specif1¢811y offers Ihose living In povèrty. dlllScull clrcumslancas 8nd young people al-ilsk, those wSlh disabililie$, special noods. seiious and life-lhrealening illnesses. the opportunity lo develop Ihelr characler, Independonce, teamwork and solf-confldence breaking the chain of boredom, Iruan¢y, vandalism, addiclion, petty erime and drug3. Cril8ri8 used for essesslng succe$8 Survey resulls show Ihal youlh 9roups valu& our youlh development activity sessions Ihe mosl. where we deliver engaging activities usin9 Ihe equipment and resources from our Games Pack which includes 150 differenl aclivilies. sporls, games, crafts, special needs, quizzes, and leam building exercises. In December we welcomed 90 youth group loaders & volunleers and speclal guesl, High Shoriff ol North8mplonshlre, Mfs Amy Cr8wfurd. lo our Annual Awards celebialion to rècognise the amazing work ol our volunteers across the county, presenting various awards and certilicales 10 9roup18aders. August 2024 saw us lake eleven of our youn9 people from Ihe NAYC Young Leaders Programme lo The Scaladale Centre In the Outer Hebrides. This was a 2-week r8sid8niial lo develop thè skills ol Ihe young people in sell.¢onlidence. leadership qu81ilies and slyles. wmmunicalion skills. gioups behaviours. leamwork, leading a group. health and safely and volunleering, wilh many hours of communily engagemenl and heritage visits alongside sea fishing and horse riding. One staff member and 3 amazlng volunteers led the expedition ollerlng a life.Iliyngii)g experience and Iraining to the next generalSon of volunt8ry leaders.
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Public benefit The Iruslees have p8id due règard to guidance issued by Ihe Charily Commission In deciding whal aclivilies the charily should underiake. In plannin9 and deliverlng aclivllles, the ITuslèes 81ways consider how IhgS6 will provide benelil lo Ihe public. Th8 charity's woik is focused on supporting young people, pariicularly those living in poverty. In difful¢ circumstsnces. al risk. or with disabililles, special needs, or serious illness. Through youth d9velopmonl progr8mmes. leadershlp Iralnln9, residential a¢1llY cenlres. and communlly.b8sed sports fa¢ililie$, Ihe charily enebl8s young people lo develop Iheir physical, mental and spirllual capacili6s, so Ihal they may grow lo full maturity as indiwduals and as members ol socigly. Th6 benefits are evidenced through the large numbers of young people engoged each year, th8 positive feedback re¢8lved. and Ihe slfong demand lor our programmes. Access Is open lo all regardless of background, fallh, or abilily, with specific provlsion made for young people with additional needs. Aclivilies The group op81ales over sgveral cenlres. looking lo help and educ810 young people, through lelsure time aclivilles. Klng's Park Conlerence Cfrnlro We lake prlde In servlng leadefs frorn (allh and communlly groups, schools, speclal needs groups and charllles knowing Ihal they are focused on servlng olhers. The Splnney area retaSns the relaxed leel wllh trees, a pathway and now sealing. bul also has a classroom and aclivilles for chlldren. The area has been lenced In. which allows children lo play freely wilhoul th6 worry Ihal Ihey can wandei olf. Thls Is a greal lacllily and when 11 has not been book8d by a group. 11 Is avallable as a guiel secluded place lo sll and read.11 has been an exciling and busy year for Us, and we are looklng foThvard lo Ihls year lo wèlcome new groups and see our friends relurnSng lor their annual or bi-annual event al King'6 Park. Kln9'6 Park Sports Benham Sports and the Tennis Cerslre are well used by Ihe general publlc, affillaled youlh groups and special needs groups. We work wlh a number of partner oiganisalions lo provide these opportunllies. Induding Noilhamplonshire Trampoline Gymnastics Academy INTGAI, wilh whom we share the Benham Sport$ Cenlre, and provide $055ions In liampolinlng, gymnaslics & climbing, 8nd have been an integral part of the centre slnce Il's opertng. Norihamplonshire Sport run school holiday activity camps on oui behall, Northampton Tennls Coaching operate a tènnis coaching & Ioufnamenl programme and Sk8house operale the maln rolltsr-skaling sessions al Ihe cenlre. We conlinuè lo work very closely wilh The Cube DIs8bilily, who remaln Ihe backbone for chlldren and young people with Speclal educalional needs or a dlsabillly, by providing am8zlng opportunilies through holiday ¢amps and regular sporling sesslons. Klng's Park Sports continues lo provide fanlo$li¢ sporls facllilies lo Ihe local ¢ommunily. The new outdoor loolball pll¢hes have proved an excellenl addlllon lo our Tennls Cenlre. Immedlalety allracling inleresl from local clubs and youth gfOUPS. The mulli-use games area IMUGAI surface also allows (of more varied usage ol the space, being ideal for other sporis like hoGkey or Amerl¢an football. We are also priwleged lo see a lol of usage by NorthamplonshSre Sporl, who sp8nd mulllple hours a day durlng holiday camps maklng the most of ihis new area uslng Ihe prlsline, sand-based needle punch, 12x6 stadium box goals. and an 8melfe high net. Ploneer Centre Pioneer is sllualed in a be8ulllul rural selling nèar Kiddèrminsler offerlng a h¢gh standard ol a¢commodallon and an exlensive range ol outdoor advenlure acllvi118s. A variety ol groups from location5 aGross the UK and beyond come and experience excellent facilities and programmes and many return every year. Il's olten Ihe work thal's unseen and unpraised that keeps the centre running. Thls work can be likened lo 'painling the Forth Road Bridge, _ you gol lo lh8 end and musl start all over againl Things like preparing 3 meals every day. maintaining 100's of tollel flushe$. cleaning each almost idènllcal room 3 or 4 limes a weèk and even ensuring the same Iraining with th8 new intake of annual slafl. We thank all the staff al every level and role for their diligence and perseverance Week-1n-andut. Thank you for your tireless efforts.
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORTI (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Whltemoor Lakes Whilemoor Lakes Is a purpose-buill lakeslda conference and acllvily centro noar Lichfield, enjoying views acioss a beaulilul 40.acre lake. The cenlrè offers a full range of acllvllles, includlng salling. Th8 Cen1 was developed from a vislon John and Sylvia Gilmour had to help luifil Ihe potential of Ihe lakes Ihal were being created following thè exlra¢lion of sand and gravel. Once again, we would like lo expross our heartfelt gratitude for the tireless high slandards given by our staff and Iralnees Ihrou9houl the last 12 months. Wè believe their en6rgy and enlhuslasm underpins our ongoing success and strong reputation lor high quality seNice. Their Comrnilmenl lo our vislon and Values guide what we do and how we doll. A¢hl•vèments and performanc• Slgnific8nl actlvi11gs 8nd achlèv&mènls 8981nsl obJecliv8s Youth Development Dèlivered aclivllles through our Games Pack. featuring 150 differenl games, Supporting sports, crafls, Special needs, qulzzes, and le8m-building. Hosted our Annual Awards Celebralion in Oecember. allended by 90 youth leaders. volunleers, and Ihe Hyh Sheriff ol Northamplonshire. Supported 11 young leaders Ihrough 8 1wo.week resldenllal at th8 Scaladale Cenlre, Ouler Hebrldg$, d8veloplng leadershlp. ¢ommunlcallon and voluntegring skills. Klng's Park Conference Centre Welcomed 20.000 leaders from across Ihe UK and abroad, including faith group$. schools, charilles, and cornmunliy groups. Redeveloped the Spinn8y Area, rJealing a safe and Inspiring outdoor dassroom and recfealon $pa¢e. Kln9's Park Sports Benham Sporls Centre and Ihe Indoor Tennis Cenlre provided 18+ sporting aclivilies, with strong partnerships in¢luding NTGA, Northamplon Tennis Coaching. Norlhamplonshlre s&, and Sk8house. Conkn'nuad collaboration with The Cube Disability lo provide incluslve sporling opportunilbes for young people wilh additional needs. Ploneer Centre Hosled diverse groups from across the UK and inlemalionally. Dellvered Flfm Foundallons Iralnee progfamme. en98gin9 over 20 Inlernallonal volunleers annually. Slafl maintained hlgh-qualily facllilies through consislenl behind-lhe-scenes work. ensuriTrJ safely and comfort lor 811 guests. Whilemoor Lakes Achieved 97.9•/o guesl salislaclion across all aclivilles and accommodation. Supported leaders and volvnle8rs from 100+ youth org8nisalions Ihrough Midlands Unlle. Continued lo deliver water sports, outdoor adventure and le8dership trainlng In Ilne with our lounders, vlslon. Dellvered Flmi Foundallons trelnee programme, engaging over 20 Inlernallonal volunle8rs annually Overall Impact Worked directly with 31,642 young people in a rtsidenlial selling. Strengthened volunteer leadership, incluslon for young people wlih disabililles, and cros&cullural engagèment through resldential and Iralnlng programmes. Significant laclors The achievements above have helped achleve ihe charllles, objectives as they have enabled the group lo carry on reachlng young people, maSnlaln and Improve thelr faeililles. The charlly can be rellanl on receiving donallons, whlch lall oulslde of their control. if these de¢re8se the charity'$ abllill8s lo achieve oble¢lives may be limilèd. Fundralslng pr8cllces The group ha$ not carried oul slgnificant fvndraising aclivily in the year.
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 Flnanclal revlew The directors have monitored Ihe progress of overall group strategy and the individual slfalegic elements by reference lo cerlain key performance indicators.. Inrne lor Ihg yeaf amounted lo £8,393.499 Operaling profil lor the year was £763.336 (2024.. £7 353.172) {2024'. £106,348) Details of Ihe resulls foT the yaar are given on page5 118nd 12. Considering the Onoing responsibllilies ol Norlhamplonshire Association ol Youlh Clubs {NAYC) and Action Centr8 UK Limited lo ils staff and user groups, the Board of Dire¢lorslTruslees aim lo main18in a reserves fund ol £240,000. This fund 1$ to cope wllh any sudden or unexpecled selback resulling in the culling ol Income streams. and lo enable NAYC and Actlon Cènlrès UK Limitèd lo meet wilh slalutory 8nd olher obllgèlions. An overdiafl facilily for £130,000 is avallable. NAYC and Acllon Cenlres UK Llmlied are cornnlled lo repaying these facililies from increased covenanl. Reserves policy 11 Is the policy of the charity that unreslricled funds whlch have nol been deslgnaled for a speclllc use should be malnlalned al a level èqulvalenl lo between three and six month's expendilure. The Iruslees Consider Ihal res8Tv6s 81 Ihls18vel wlll ensure Ihal, in the event ol a significanl drop In funding. they wlll be able lo continue Ihe charity's cvrrenl a¢llvllles while conskleration Is given to W8ys In whlch 8ddillonal funds may b? ralsed. This level ol reservas ha$ been mainlalned Ihfoughoul Ihe year. Al the year end the group had lolal resee$ of £15.298.190. 01 which £11.258,874 was reslricled. 01 Ihe lolal re$erve$ balance, £17,817,029 relates lo Fixed Assels Funds (made up 01 £11,545.987 reslricled funds and £6,271,042 unrestriclèd>. The net reserves held al Ihe year end after maklng allowance for reslricled and lixed assel funds was ovgrdrawn by £2,518.839. The Iruslees do not see Ihls as an Issue because the fixed assets repr8s&nl Ihe cenlr8s which create the income for Ihe charily and the Irading company. Prfnclp811(Indlng sources The principal sources of Income are renl 8nd surpluses olAclion Cent$ UK Lld IACUKI, and donations and granls lo Northamplonshire Association of Youth Clubs. Income lo ACUK Is used lo meel everyday expenditure Includlng employment, admlnislralion, Ifavel. housekeeplng, calering. repalrslrenewals of facililles. ulillilès. Insurance. markeilng. prolesslonal leeds. rent elc. Thls ènablès the group lo opèrate salely and lo improve the fa¢ilili8s offered lo groups. Income lo NAYC is used foi capital projecls, salaries and admlnislralion lof 5upporling the youth club netsvork.
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Maiorrisks A risk management slralegy is in place which comprises Ihe iisks th6 charily may face, eslablishing systems lo mi119ale those risks and procedures to minimlse Ihe poienlial Impact. The gre8lesl risks lo Ihe charity achievlng ils obleclives have been identified as.. An incidenc8 01 inappropriate or negligent bghaviour towards members ol a vi$iling gioup, re$ullitvJ In abuse, injury or death. Serious loss or damage lo facililies resulting in groups not bein9 able lo usè them. Issues outside Ihe control ol the organi5alion impacling on staff and income lfrvels, Polici8s are in place for safeguarding, employmènt issues and healih and safely, they are administerèd from head office. wilh independent exlernal Verifallon where possible, and sl8ff re¢wilment, Ir8ining and supervision proceduras implementin9 these policies Ihroughoul Ihe organisalion. Funds are allorAled annually for on-golng malnlonanco and replacomenl and malnlenanco plan6 ore regularly revlewed lo ensure building and facililiès remain in good ord8r and appropriate lor young peoplè. Commer¢lal insurance cover is mainlained annually lo Ver public and employer's liabilities and lo insure buildings and lacililies lor replacèmenl value. and lo Insure Ihe organlsallon agalnsl loss ol Incom8. Plan$ for luture pèrlod$ Kin9's Park Sports.. Expand football. hockey. gnd mulll-sporl u8890 of new ouldoor pltehes and MUGA, Ploneer Cenlre.. Continue refurblshmenl projects {new astro-grass, roof repairs, soundproofingl. wilh a focus on 8ccessiblllly Irainlng and programme enrlchmenl. Whllemoor Lakes.. Expand capacity wilh new water sports equlpmenl. mobile clknbln9 lower, Improved lodges, and upgraded ITIWI-FI. Midlands UnSle'. Grow régional youth loader and young peopl8'8 events al Whllemoor L8kè$, Ploneer Cenlre, and King'$ Paik, strueturo, governance and man8g•ment The charity Is a Company lirnlled by guarantee and governed by memorandum and ortl¢les ol assoclallon. The Iruslees. who ore also Ihe dire¢lors for the purpose ol ¢ompany18w, and who served duflng the yeaf and up lo Ihe dale of $5gnalure of the financlal statements were: D E Darby Dr F Cole M Walker A Hadley RevA Eakins Rev D Shearer Rev J Ni¢kols Bp J Holbrook {Appoinled 29 Augusl 20241 {Reslgned 23 May 2024) Recruilmenl 8nd appnIfflenl ol Iruslees When vacancies occur staff who are involved in communlly work are invited lo nomlnale candldales L*pending on Ihe skills iequired. Candidates are inviled as obseNers lo Board Meelings and interviewed, and if $ucce8slul are ¢O•opled lo be confirmed by members at Ihe next general meellng. Truslees are reGruiled and appoinled when vacancies occur according lo skills required i.e. Health and Safely, HR and Safeguarding, Building Mainlenance. Fundraisin9 and Youlhwork. Nonè ol Ihe Iwstees has any beneflclal Interest in the company. All of Ihe Iwstees are members of the company and guarantee lo Conlribuie £1 In the evenl of a winding up. The resulls for the year are sel out on
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 OrganIsatn81 stmclure The organis81ional slfuclure of tha group is led by Ihe board of Irusleos. who pass day lo day marngemgnl of Ihe running of the charily to Ihe chief executive. who then has a leadershlp leam beneath thern lo run the charily. Induction and Iraining of Iruslees The induclion process inclurjes revlew and training of Ihe slaff handbook, history of the organisalion and purpose. visits lo aclivily and Iralnlng cenlre$ and online learnlng on key 8ublecls espè¢lally safeguarding and incluslon. Remuneration policy The Trustees consider Ihal the Managemenl Team comprise Ihe key managemènl personnel of the Trust In tharge ol Ihe direcllng and runnln9 of Northamplon$hlfe Assoclalion ol Youlh Clubs and Acllon Cenlres UK Llmlled on a day-lo-day basis. The remuner8lion of the senlor slafl is reviewed by the Trustees on an 8nnval bas1$ consldering requlremenls ol Ihelr rol8 and perfomiance durlng the year. Other mallers Dl8abl•d P•rsons Applicaltons lor employment by disabled persons are always lulty Consideied. bearing In mind Ihe apliludes ol the appliG8nl concerned. In the event of members ol staff becoming disabled. evèry effort is made lo ensure that Ihelr employment wlthln the company contlnues and Ihal Ihe approprlale Iralning Is aanged. 11 Is ihe pollcy ol tha company that Ihe Irainlng. career development and prornollon of dlsabled persons should, as lar as posslble, be Idenllcal lo Ihal of other ernployees. Polltlcal donallons There were no political donallons durlng the year. Ch8rilable donation$ weré made lo various bodies In the normal covr$e ol Ihe ch8rily's aclivilles. Audltoi The auditor. Moore. is deemed to be reappointed urmler section 487{2) ol the Coinpanles Act 2006. Dlsclosuro ol Informallon lo audltor Each ol the trustees has conlifmed Ihal Ihere Is no Informalion ol whlch Ihey 8re aware whlch Is relevanl lo the audil, bul of which the audilor Is unaware. They have fur1her confirmed Ihal Ihey have taken approprlale sleps lo Idenlify such relevant Inlorm8llon and lo eslablish Ihal the audllor 1$ awaro ol such Informallon. The Irustees rt was approved by the Board of Tfuslees. Trust•• Dale:
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 The Iruslees. who are also the direclors of Northamplon$hife Association of Youlh Clubs lor Ihe purpose of company law. are rèsponsible for preparlng the Trustees, Report and th8 Ilnanclal statements In accordance with applicable law and United Kingdom AccounlSng Slandards (Unilèd Kingdom Generally Accepted Accounling Praclicel. Compeny law requires the Iwstees to prepare financial statements for each financial yèar which give a true and lair ew of the slate of affairs of the charity and of the incoming resources and applicalion of rèsources, includin9 Ihe Income and expenditure. ol (he charitsble company for that year. In preparing Ihese financial slalemenls, Ihe Iruslees are required to: selècl suitable accounting policies and Ihen apply them consislenlly; observe tho methods and prlncSpl8s In Ihe Ch8rlll6s SORP; make judgements and eslimales Ihal ara reasonable and prudent., and prepare the financial slalemenls on the going concern basis unless il is inapproprlale lo presume Ihal the charlty wlll conlinue in operation. The trustees are responsiblè for keeping adequale accounting records that disclose wilh reasonable accuracy al any lime the financl81 posillon of the charily and enable them lo ensure thal the linancial slalemenls comply wilh Ihe Companies Acl 2006. They are also respon51ble lor safeguarding the assets of Ihe charily and hence for 18king reasonable 818ps lor the prevenlSon and delecllon of Ifaud and olh•r irregularllios. Each of Ihe Iruslees has confirmed Ihal there Is no Inlormallon of whlch they are aware vihlch 1$ rèlevant lo the audit. bul of which the auditor 1$ unaware. They have lurlher ¢onllrmed Ihal they have 18ken 8ppropriale Steps lo denli(y such relevant informalion and lo establish Ihal the auditor is aware ol such infomlalion.
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS Oplnlon We have audiled the financial stalemenls of Northamplonshire Assoriation of Youth Clubs (the 'charily') for the year ended 31 MarGh 2025 which comprise the slalemenl ol financial aclivilies, Ihe b81ance sheet, the slalemenl ol cash flows and noles lo Ihe financlal 8lalemenls. Includlng signlllcanl 8ccounling policies. The financial rèporling Iramework Ihal has been applied in their preparation is applicable law and United Kingdom Accounling Standards, including Financial Reporting Standard 102 The Financial Reporting Slandard 8ppli¢able in Ihe UK and Republic ol Ireland (United Kingdom Generally Accepled Accounting Practice). In our oplnlon. thè financlal stalèmenls: gwe a true and lair view of the slal8 of the charitable comp8nVs affairs as a131 March 2025 and ol ils incoming r6s0urce$ and appllcallon ol resources. Includln9 Its Income and expenditure, lor the year then ended; have been prop8rly prepared in accordance wllh Unlled KSngdom Generally Accepled Accounting Pracllce; and have been prepared In accordance wllh the requlremenl8 of Ihe Companlés Act 2006. Ba$1$ for oplnlon We conducted our audll In a¢cordance with Inlematlonal Standards on Audlling (UK) IISAS {UKII and applicable law. Our responsibilities under Ihose slandafds are lurther described In Ihe Audilor's responsibililies lor th8 audit ol Ihg fin8n¢i81818lemenls section ol our report. We are Indgpendenl ol Ihe charlly In accordance wllh Ihè elhlcal requiremenls that are relevant lo our audil of the financial slalemenls in the UK, including the FRC'$ Elhic81 Standard, and w8 have lulfilled our other elhical responsibilities in accordance with Ihese requirements, We believe that Ihg audit evidence we have oblalned is sufficient and appropriate lo provide a basis for our opinion. Concluslons relatlng to golng concern In audillng the financlal s18temenls, wè have concluded Ihal the Iruslees, use of the going concem basls ol accounting in the prèparalion of the financial stalemenls is approprialo. Based on Ihe work we have parformed, we have not idenlified any molerial uncertainlie8 relating to events or conditions Ihal, individually or collectively, may c8sI significant doubl on Ihè charity's ability lo continue as a going concern lor a period of al least twelve monlhs ffom when the financial statements are aulhorised lor issue. Our responsibililies and Ihe responslbililles of the Iruslees wilh respect lo going Concern are described in the relevant sections ol ihis report. Oth•r Informatlon The other information comprises th6 information included in the annual repoTI other than the linar181 slalemenls and our audilof's report Ihereon. The Ifuslees are responsible for Ihe other infwmalion Contained within Ihe annual report. Our opinion on Ihe financial slalem8nls does nol cover Ihe olher inlormalion and. excepl lo Ihe exlenl otherwise expli¢illy slated in our report. we do nol express any lorm of assurance conclusion Ihereon. Our responsibilily is lo read Ihe other informallon and, In dolng so, consider ¥ether the olher Infoimatlon Is malerSally inconsistenl with the financial slat&menls or our knowledge obl8lned in the course of the audit, or olhetwlse appears lo be rnalerialty tnisstaled. If we Idenlrfy such malerial inconsi51encies or apparenl material mis51alements. we are required lo delermine whelhor this gives rise lo a malefial misslalement in Ihe financial slatemenls themselves. If, basèd on the work we have performed. we conclude that there Is 8 material misslalement of this other inlormalion, we are iequired lo reporl Ihal fact. We have nolhing lo report in this regard. Oplnlons on other matters prescrlbed by thè Companlos A¢1 2006 In our oplnlon, based on Ihe work undertaken in the course of our audit.. the information given in the Iruslees, ieporl for Ihe linancial year lor which the financial slalemenls are prepared, which includes Ihe directors, reporl prepared for Ihe purposos ol company law, is consi51enl wilh the financial slalemenls: and the directors. report included within the Iruslees, reporl has been prepared in accor(Jance with applicable legal requlremenls.
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS Mattèrs on whlch we aro r•qulrèd lo report by •xc•ptlon In the light of Ihg knowledge and understandin9 of the charily and its environmenl obtained in Ihe course of the. audil, we have not Identified malerl81 mlsslalemenls In the dlrectors, report included within Ihe Iruslees. report. We have nolhing lo report in respect of the following mallers in relati( to vthich the Companies Act 2006 rèquires us'lo rèport lo youll, In our oplnion.. adequate accounling fecords have nol been kept. or relurns adequale for our audit have nol been received from branchés not visited by us., ar the flnanclal statements are nol In agreernenl wllh Ihe accounllng records 8nd r•lurns,' or certain disclosures of trustees. remuneration specified by law are not made.. or w8 have nol reIved 811 the Inlorrnallon, and explanatlons wè requlre lor our audil. Re$ponslbllltles of trustè•8 As exp18ined more lully In Ihe sl8lemenl ol Iruslees. responsibllilles. Ihe Iru81889, who are also Ihe direclor$ of Ihe ¢h8rily for the purpose of company law, are responsible lor the preparation of the fin8ncial slalomenls and for being salisfied that Ihey glve a true and falr view, and for such Internal control as the trustees delermine is necessary to enablg Ihe preparation of fin8n¢lal sl8lemenl$ Ihal are free Irom malerlal mi5s1alemenl, whether due lo Iraud or error. In preparing the financlal slalemenls, the Ifuslees are responsible lor assesslng tho chafily's ability lo ¢onllnue a5 8 golng eoncarn. disclosing, as applicable, matlers relat lo goSng concèrn and using the golng ¢oncern b86Is of accounting unless Ihe Irusleas ellher Inlend lo liquldalg Ihe charitable Company or lo cea$g operalions, of have no realislic all8rnalNe bul lo do so. Audltor'8 re8ponslbllltl•s lor thè audll ol the fln•nclal 81at•m?nt8 Our objectives are lo obtain reasonable assurance about whether Ihe financlal slalemenls as a whole are free Irom malerlal mlsslatemenl, wh8lheT due lo fraud or error, and to Issu8 an audilorfs report Ihal includes our oplnion. Reasonable assurance is a hlgh level ol assuran¢9 bul Is nol a guaranlee that an audit conducled In a¢cordan¢e with ISAS (UK) will aayS delecl a matèrial mlsslalemenl wh8n 11 exisls. Misslalamenls can arise from Iraud or. error and are consldered malerial if, individually or in Ihe aggregate, Ihey could reasonably ba èxpected lo Inlluence the e¢onoml¢ de¢islons ol usors 18ken on Ihe basis of Ihese linanclal slalemenls. The exlenl lo whbch our procedures are capablo of dele¢llng lffegularilie8, Includlng Iraud. Is delalled below. A furlher description of our responsibililies is available on the Financial R8porling Council's webslle al: hllps:11 www.1rc.org.ukl8udllorsresponsibililles. Th18 descflpiion forms part ol our 8udiloVs report.
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS Expl¥natlon a$ to what extent the audlt was con$ldered capabb ol dot•¢llng Irregularlt1¢6. In¢ludlng fraud Th• objectives of our 8udil in iespecl of Iraud, are,. lo identify and a$se$$ Ihe risks ol material misslalemgnl of lh• financial siaiemenls due lo Iraud," lo obtain sufficient appropriale audil evidence regarding the assessed risks ol material misslalemenl due lo Ifaud. through designing and implementing appropriate responses lo those assessed risks.. and lo respond approprialely lo instances ol fraud or suspecied fraud identified during Ihe audit. However. the primary iesponsibilily lor Ihe pfevenlion and detection ol Iraud rests with bolh management and Ihose charged wilh governance of Ihe company. Our approa¢h was as lollows.. W8 oblain¢d an undeT51anding ol the legal and regu1810ry requifemenls applicable lo Ihe compony. and considered Ihal Ihe mosl signih¢anl are in re181ion lo GDPR. Compliance wilh health and safely gUlatiOns, Ihe Companies Ael 2006. the Chafilies Ael 2022 and UK laxalion legislation. We obtained an understanding ol how th& company ¢oniplies wilh these i¢quiremenls by dlscussions with management and those charged with governance, We assessed the risk of material misslalemenl ol the financial $lalemenls. induding the risk ol material missialemenl due lo fraud and how il mtghl oecvr. by holding discLi$$ions with managemenl and thos¢ ¢harged wilh goveinaneé. We inquired ol managemonl and Ihose charged wilh 9ovefnance Is lo any known in61an9 ol non- ¢oinpliance or suspected non-compliance with laws and regulations. B83ed on this underslanding, wè designed spe¢ilic applopiiale audit pr¢xedures lo Identify inglances ol non.compliance wilh laws and fegulalions. This included making enquir¢es ol maTra9emenl and thoso charged wilh governance and obtaining addits'onal corroboiative evidence as required. A furlher description of our responsibililies is available on the Financial Reporting Coiincil's website al.. hllps',11 www.Irc.org.vkJaudilorsresponsibililies. This description lorms part ol our audilorfs reporl. U89 ol our report This report is made solety 10 Ihe charitable company S membeis. as 8 b¢)dy. in accordance wilh Chaplei 3 01 Part 18 ol Ihe Companies Act 2006. Olir audit work has been undertaken so Ihal we might slate lo the cliarilable company's members those mallers we are leqiiid lo slate lo Ihem in an audilor's report and lor no olhef purpose. To the fullest exlenl permilled by law, we do nol accept or assume responsibility lo anyone other than Ilie charilable company and Ihe d)arilable Company's menibers as a body, lor our audit work, lo( Ihis report. or lor the opinions we have formed. Amanda Etly (Senior Statutory Audllor) For and on behalf ol mo0. Sialulory Audilof Chartered A¢countanls Oakley House Headway Business Park 3 Saxon Way Wesl Corby Northamplonshire NN18 Oate. io
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS GROUP STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unre$trlcted Reslrlcted lunds fund$ 2025 2025 Total Unrfjstrlctgd Restrlcted funds funds 2024 2024 As restated Totsl 2025 2024 Noi08 Incomg liom.. Donations and legaoes Charilable aclivilies Other trading a¢livilies Inveslrnenls Olhei income 625.505 20,373 7,548.853 83,723 115,045 740,550 20,373 7,$48,853 83.723 146.55S 29,623 6,972.786 57,032 62 147,114 293,669 29,623 6.972,786 57.032 62 Total Sncome 8,278,454 115.045 8.393,499 7,206,058 147.114 7,353,172 Expendlture on: Raising lunds Charitabl¢ a¢liwlies Olher gains oi losses 6,746,802 766,680 6,746,802 883.361 6,285.386 880.021 6.285,386 965,881 14,4431 116,681 85,860 14,4431 Total èxpendlture 7.513.482 116.681 7.630,163 7,165,407 81,417 7,246,824 t Incomellexpondlturo> 764.972 11.6J8) 763,338 40,651 65,697 108,348 Tfan31ers beeen funds 116,8491 16,849 122.405} 22,405 Nel movgment In fund$ 10 748,123 15.213 763,336 18.246 88,102 106,348 Reconciliation of funds: Fund balanees at 1 Aprll 2024 3.291.193 11,243,661 14,534.854 3,272.947 11.155,559 14,428.506 Fund balanc•$ 8131 March 2025 4.039.316 11.258,874 15.298, 190 3,291,193 11.243,661 14.534.854 The slalemenl ol financial activities includes all gains and losses recognised in the year. All inwme and expendilure derive from continuin9 aclivilies.
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS GROUP BALANCE SHEET AS AT31 MARCH 2025 2025 2024 86 re$t•ted Notès Flxed assets Tangible 8ss8ts 15 17,817.029 17,934,782 Curr•nt as$et8 stocks Debtors Cash al bank and In hand 19 20 60,461 187.484 233,050 54.263 238.390 393.126 480.995 685,779 Credltors.. amounts falllng due wlthln one y•ar 23 (2,486.361) (2,735.922) Nel current Ilabllltle$ 12,OOS,3661 (2,050.143) Total as8•t8 1•88 curr•nt Ilabllltlos 15,811.683 15,884,639 Credltors: amounts lalllng duo aft•r more than one year 24 (513,473> (1,349.785) Not assots 15,298.190 14,534.854 Th• fund8 01 th• charlly Reslrided income funds Unreslficléd lund8 Revaluation fes8rv8 25 26 26 11,258,874 3,992,435 46,881 11,243.681 3.244,312 46,881 15,298,190 14,534.854 The finand slaiemenls weTr approved by the INslees on . Truste• Company regislralion number 02484603 (England and Wales) 12-
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS COMPANY BALANCE SHEET ASAT31 MARCH 2025 2025 2024 as reslated Not•8 Flxtd asse1$ Tanglble assets Inv8slmenls 15 17 17,826.029 17,943.782 17,826,031 17,943,784 Curr•n¢ assets Deblofs Cash al bank and In hand 20 37,240 27.111 90.804 42.857 64.351 133,661 Credllors: amounls falllng due wlthln one year 23 <1,946.347) {1,774.579) Nèt current Ilabllltles 11,881,996) 11,640,918) Total aBs•tg1•88 current1S•bllltles 15,944,035 16.302.866 Credltor8: amounts lallSng duo 1ft?r mole than one year 24 (513.473) (1,349.785) Net a88et 15.430.562 14.953.081 Tho lund¥ ol tho ¢harlty Restricted Income funds Unreslricled funds Revaluallon reseN8 25 26 26 11.258.814 4.124.807 46.881 11,243,663 3,662,S37 46,881 15.430,562 14,953.081 The nnanc I slalemenls were approved by Ihe Iruslees on ..... Trustee Company regislralion number 02484603 (England and Wales) 13
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS GROUP STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Not¢s Cash flow$ Irom oporatlng a¢llvltl•8 Cash generaled Irom operations 33 903,767 488.108 Investlng actlvlti¢¥ Purchase of tangible fixed assels Inveslmenl income received (57,016) 6.813 (139.348) 7,864 Not Gash usod In Invesllng a¢tlvltle8 (50.203) 1131.484) Fln¥n¢lng a¢llvltl6s Repayment of boffowlngs (1,013,640) (505.23S} Not ¢a6h used In Ilnanclng a¢tlvliio8 11,013,640) (505.236) N•1 d•¢r••8• In ¢48h •nd cash equlvol•nt8 (160,076) (148,612) Cash and cash equlvalenls al beginning ol year 393.126 541,738 Cash and cash equlval•nls at end ol yeai 233,050 393,126 14-
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcl•s ChaTfty Informatlon Northamplon5hire Assoclation ol Youth Clubs is a prlvale company Ilmllèd by guaranleé Incorporated in England and Wales. The reglsleied office Is Klngs Park. Kings Park Road. Moullon Park, Northamplonshire, NN3 6LL. 1.1 Accountlnp convantlon The financial slalemenls have been prepared in accordance wlh the charity's governing documenl. the Companies A¢1 2006, FRS 102 'The Financial Reporting Slondard 8pplicable In the UK an<i Republlc ol Ireland. and the Chaillles SORP "Accounllng and Reportlng by Charllies.. Slalemenl of Rewmmen¢J8d Practice applicable lo charllies preparlng Ihelr accounts in accordanG8 with the Financial Reporting Slandar(I applicablè in the UK and Republi¢ ol Ireland IFRS 102)" The charity is a Public 8tnefil Enlily as defined by FRS 102. The financial slalemenls are prepared In sterling, whlch Is Ihe funcllonal Currency of the ¢harlly. Monetary amounts In these financlal slalemenls are rounded lo the nearest £. The financial slalemenls have been prepared under the hlslorical co$1 Convenlion. modified lo in¢de ¢erlain items al fair value. The principal accounting policles adopled are sel otst below. 1.2 Golng Concern Al Ihe time of approvlng the financlol stalemenls, Ihe Iruslees have 8 reasonable axpeclallon ihal Ihe charity has adequale resources lo continue in operalional existence for ihe foreseèable future, Thus the IrLBlees continué lo adopl the going con¢orn basis o18¢counling in preparing the financial slalemonls. Th8 Iruslèes have considereij Ihe potential impact of the legacy of the ¢oron8virus pandemic and the ongoing cost of Ilvlng crlsls. on th8 Qperallons of the charlly. 11 Is expected Ihal Ihe ¢051 ol Ilvlng crlsls wlll Continue lo impacl global economies throughout 2025, logelher with other mallers such as supply chain Issues. The Iru61ees believe Ihal the worst of ihe pandemic Is now behind thèm, bul Iheru remains a level of uncertainly over the cosl ol Ilving crisls. The Iruslees have consldered the level ol funds hekl and the expect level of ncome and expenditure for 12 monlhs from aulhorising these financial slalemenls. The budgeled income and expendllure is consldered sufflclènl In conluncllon wllh the levèl ol reserrfes held for Ihe charily lo be able lo conllnue as a golng concem. The avallable free reserves are negallve. bul Ihere has been no breaches in loan agreements. payments have been made on lime to prowders so the likelihood of ihe loans and hire purchase balances having lo be repaid al one lime is highly unlikely. bul if Ihls were lo happen fixed assels would be sold lo cover Ihe debl, There are also plans lo exlend one ol Ihe buildlngs to further enhance revenue and activities provided. 1.3 Charllable funds Unreslricled funds are available for use al the discrelion of the Iruslees in furth9rance ol Iheir charilable obleclives. Reslricled funds are subjtrcl lo speciliG condilions by donors or 9ranlors as lo how they may be used. The cost of falslng and admln151erlng such funds are charged agalnsl the sp6ci(ic fund. The purposes and uses of the reslilclod funds are sel out in the nolos to the financial slalemenls. Endowmenl funds are subj'ecl lo specific Gondilions by donors that the capitsl musl be mainlained by Ihe Chaiily. 1.4 Income Income Is reco9nised when the charlly is legally enlilled to 11 after any performance Condilions have been mel, the amounls can be measured reliably, and il is probable that income will be received. 15-
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcl•s {Conllnu•d) For donations lo recognised the chaiily will have been nolified ol the amounts and Ihe selllemenl dale in wrlling, 11 Ihere are condlllons attached lo the donation and Ihis r8qulr8s a level of performance before enliilement can be obtained then income is deferred unlll those condilions are fully mel or Ihe lulfilmenl ol Ihose conditions is wilhin Ihe conlrol of the charity and11 is probablè thai they will be luifilled. Donated lacilitles and donated prolessional services are recognised in income al Iheir fair value when their economic benefit is piobable,11 can bè measured reliably and Ihe charity has ¢onlrol over Ihe ilem. Falr value Is delermlned on the basls of the value ol the gift lo Ihe charity. For examp18 the omounl the charity would be wtlling lo pay In the open maTkel for such lacililies and $ervlces. A corresponding amounl Is recognised In expendilure. No amounl Is Included In the flnanclal slalemenls lof volunteer lime In line with the SORP IFRS 102). Further detail Is given in Ihe Trustees, Annual Roport, Fixed asset glfls in klnd are recognlsed when recelvable and are included al falr value. Thèy are not delerr&d over Ihe life of Ihg assel. For legacles, enlillemenl Is the @arller ol Ihe ch8rily belng nollfied ol an Impending dislribulion or the legacy bging received. Al this point Income is recognised. On occasion legacies w511 bo nollfi8d to the ¢harily however il 1$ nol possible lo measure the amounl exp8cled lo bo dislribuled. On thèse OCCBsions, the legacy Is Irealed as a contingenl asset and disdosed. The charily receives 9overnmènl granls in respoct ol youth work. Income Irom governmenl 8nd other grants are rècognised al lair value when the charity has enlillemenl aller any performance condilions havè been mel, il is probable Ihal the Income will be received and the amounl can be measured reliably. 11 enlillemnl is nol mel then these amounls are deferred. Income Irom trading 8clivilies includes incom& e8rned Irom fundfaising evenls and trading 8¢liYilies to raise funds lor Ihe charity. Income is recelved in exchange for supplying goods and sefvlces In ordei lo rnSse funds and is fecognised when entitlemenl has occurfed. Investment Income is earned Ihrou9h holdlng assets for Inve$lmenl purposes, such as property. 11 InCdeS interest and renl. Interest income is recognised using Ihe effeclive interest method and rental income Is recognised as lh6 ch8rily'S righl lo receive payment is eslablished. 16-
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng poll¢l•s (Contlnuèdl 1.5 Expondlturo Exp8ndiluTe is recognlsed on¢e Iherg Is a legal or conslfuGtive obllgallon lo transfer economic benefit to a Ihird party. 11 Is probablo Ihal a Iransler ol e¢onomi¢ benefits will be requlred In selllement, and Ihe 8mounl of the obligalion can be measured reliably. Expenditure is classified by aclivlly., Cosls ol raising funds includes cost ol maleriab and overhead running cosls of lh6 charitls subsidiary underlaking Aclion Cenlres UK Limiled- Expendilure on charitable aclivilies includes the overhead running ¢0sts. including Staff Go$ts, ol Ihe chaiily,. and Other expendllure repregenls Ihose items noi f8llln9 into the categories abov8. The cosls of each 8¢llvlly are made up of the lolal of dlrect wsls arKI sharod cosls, including supporl $1$ involved in undertaking each oclivily. Dlrecl costs allribut8bl8 10 8 single activity are allocaled dlre¢lly to Ihal aclivily. Shared ¢osls whlch conlribule lo more than one activity and support ¢osl$ which are not allributable lo a single aclivily are apportioned between Ihose aclivitie5 on a basis consistent wilh the use of resources. Cenlral slalf ¢osls are allocaled on thè basis of lime sp8nl, and depréclalion charges aré allocated on Iho portion of the assel's use. Fund-raising ¢o$ls 8re Ihose incuired in seeklng voluntary conlribullons and do nol Include the costs of dlssemlnalin9 Inlormalion In support ol Ihe charll8ble a¢llvlli8s. 1.6 Tanglble Ilx•d a8s•t8 Tangiblo lixed assets are inilially measUd al cost and Subsequenlly measurod al ¢osl or valualion. nal ol depreciation and any impaimwnl losses. All depreciation calculallons are rn8de from the d8le ol acquisition of an assgl lo the dale ol dlsposal of an asset. Depredallon Is reco9nlsed $0 a8 lo wrile off the Cosl of valuation of assets less Ihelr resldu81 volues over Ihelr useful lives on the following bases: Freehold18nd and bulldings Aclivity equipmenl and fixtures and fillings ONi¢e equipment Molor vehictès Nol depreclaled l 8venly over 50 years (see below) 25 /• slraighl line or reduclng balance per annum 20% reduclnp ba18n¢e per annum 25% slraighl line per annum The gain or loss arising on the disposal of an asset Is determined as Ihe dillerence between the sale PreedS and Ihe carrying value ol Ihe assel. and is recognlsed In the stslemenl ol financial aclivitles. Froehold property lexcepl the Harr1$ Base property) has not been ijeprecialod bocause. In the opini?n of the trustees, Ihe properties are continually maintained and kept in excellent order such that the resldual values are expected to be al leasl equal to cost. The Harris Base property 1$ being written off over 50 yeaf$. 1.7 Impalrment of flxed assèts Al each reporting end dale. the charity reviews Ihe carrying amounts ol its tangible assets to determine whether Ihere is any Indi¢alion Ihal those assèls have suffered an impairmenl loss. If any such indralion exists, the recoverable amount ol Ihe assel Is eslimaied in order lo delemiine Ihe exlenl ol the impaimiènl loss {il any). 17
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng poll¢les {Contlnu•d) 1,8 Slo¢k$ Stocks are $laled al Ihe lower of cosl and eslimaled selling price less costs lo complete and sell. Cost comprises direcl materials and. where applicable, direcl labour cosls and those overheads Ihal have been incurred in bringing Ihe sloGk$ lo their present location and condilion. Ilems held for distribution al no or nominal ¢on31doralion are measured Iho lower ol replacgmenl cosl and ¢08t, Nel realisable valuè is the eslimaled selling price less all eslimalttd cosls of completion and costs lo be incurred in markeling. selling and dislribullon. 1.9 Cash and Cash oqulvalent# Cash and cash equlvalenls include cash in hand. deposlls held al call wllh bank8, other short.lerm liquid Investments with origSn81 malurilies ol three monlhs or less, and bank overdrafts. Bank ovèidralls are shown within borrowings in current liabilities. 1.10 Flnanelal Inslrum•nt8 The charity has elecled to apply lh8 provlslons of Secllon 11 'Basi¢ Financial Inslrumenls, and Secllon 12 'Olher Flnanclal Inslrumenls Issuas. ol FRS 102 to all ol Its flnanclal instrument$. Fln8ncial In8trumen18 are recognised In the charity's balance sheet when the tharlly becomes party lo the conlraclual provisions of the inslrumenl. Financi81885819 and 118bilili&s are offsel, wilh the nat amounls presented In Ihg financial slalemenl8. when there Is 8 legally enlorceBble fight lo sel off Ihe recognised amount$ and Ihere is an intention lo sellle on a net basls or lo realise the 8ssel and sellle Ihe liabilily simultaneously. 8a$lc Ilnon¢lal •ssets Baslc financial assets, which include deblors and casl) and baftk balances, are inilially measured ai Iransaclion price includin9 transaction costs and are Subsequgnlly carried 81 amortised cosl using the effective inleresl melhod unless Ihe arr8ngemenl consliluleg 8 financing Iransaclion, where Ihe transaction 15 measured sl Ihe present value of the lulure receipts ¢Jiscounl¢d al o math81 rale ol interest. Flnanoal assets classified as receivable wilhin one year are not amortised. 8aslc flnanclal Ilabllltlos Basic financial liabilities. includlng credllors and bank loans are initially recognised al Iransaclion pri¢p unless the arrangement conslilules o financing Iransaclion. where the debt inslrumenl is me8sured al the presenl value of the future paymonls discounted al a mark81 rale of inleresl. Fin8n¢ial li8bililies dassified as payable within one year are nol amortised. Debl iTrslrumenls are subsequèntly carrled 818mortlséd cost, using the effectlve Inlere81 rale melhod. Trad& creditor5 are obligatsons lo pay for goods or services Ihal have beèn awuired in Ihe ordinary course ol operallons from suppliers. Amounts payable are classified as currenl liabilities il payment is due within one year or less. If not, they are pie5enled a5 non.currenl liabililies. Trode credllors olé recognlsed initially at Iransaclion price and subsequently measured al amortised cost using Ihe effeclive interest method. Der•cognlelon olllnan¢lal Ilablllllos Financial liabilities are derecognlsed when the charity's eontraclual obligations expire or 8re discharged OT ¢an¢elled. 1.11 Taxatlon The charity is an exempl ¢harily Within Ihe meaning of schedule 3 of Ihe Charities Act 2022 and is considered lo pass the tests sel out in Paragraph 1 Schedule 6 Finan¢e 2010 and Iherefoie il meets Ihe defnilion of a charllable company lor UK corporalion tax purposes. 18
NORTHAMPTONSHIRE ASSOCCATION OF YOUTH CLUBS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Aceountlng poli¢les {Contlnu•dl 1.12 Employèe bènèflts The cost ol any unused holiday entitlement Is recognised In Iho pefh)d in which Iho employ80'8 services aro received. Termination benefils afe re¢ogni$ed Immediately 88 an expense when the charity 19 demonslrably ¢ommllled lo lerminale th8 employmenl of Bn employee or to provide 18rmination benefits. 1.13 Retlrèment b•nèflt• Payrnenls lo defined contribullon retiremenl benefit schemes are charged as an expense a$ they fall due, 1,14 Leasos Leases are classlfled as flnance leases whenever the lemis ol lease Iransler subslanlially 811 Ihe risks at7d reward8 01 ownershlp lo Ihe lessees. All olher leases are ¢lasslfied a6 OP6raling lease8. Assets held under fanCe leases are rècognised as 8s8els al the lower of the assets 18lr value 81 tho dato 01 inception and the present value ol Ihe minimum lease payments. The related liabilily is included in the balance 5he81 as a finance leaso obligaknon. Lease payments are Irealed as consisling ol capilal and inlere8t elements. The inleresl is charged lo ng1 In¢omellexpendilurel lor Ihe year $0 8$ to produce a conslanl periodic rate ol inleresl on the remaining balance ol the liablllly. Ronlals payable under operallng leases, Includlng 8ny1oase In¢enll¥es rocelved, are ¢harged as on expense on a stralghl lin8 basis over the lemi ol Ihe relevanl lèase. 1.15 8asl$ ol consolld&tlon Group accoun15 have been prepared as required by The Charilles SORP IFRS 102). The consoltdaled group financl81 stalernenls conslsl ol the financial slalements of the parent company Norlhamplonshire Assoclalion of Youlh Clubs together wllh all enlilies controlled by the parent company Ills subsidiariesl. All financial slalements are made up lo 31 Mareh 2025. Where necessary. adjuslmenls are madè lo Ihe rin8nci81 slalemenls ol subsldiaries lo bring Ihe accounting policies used Inlo line wilh those used by olher members ol the 9roup. All Inlra-group transactions, balances and unrealised galns on Ir8nsaclions betwèen group companles are eliminaled on con501idalion. Unrealised losses are also eliminated unless Ihe Iransaclion provides evidence ol an Impairmènl ol Ihe assel tran8ferred. Subsidiaries are consolidated in the group's Ilnancial slalements from Ihe dale Ihal control commences until Ihe dale Ih81 control cèases. A separate Slalemenl of Financial Aclivily for the parent Iwsl has nol been prepared as permilled by paragraph 397 01 Ihe Slalement ol Recommended Praoticè - Accounling and Reporting by CharleS (SORP {FRS 10211. The net increase In funds for the year for Northamplonshlre Associalion ol Youth Clubs is £477.480. 19-
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Crlli¢41 aceountlng estimales and Judgements In tho appliealion of the charity's accounllng policles, Ihe Iruslees aré required to make Judgemenls, eslimales and assumptions about the carrying amounl of assets and Ilabililies Ihal are nol readlly apparenl from olher sources. The eslimales and associaled assumplions are based on hlslorlcal experience and olher factors Ihal are consldered lo be relevanl, AGlual resulls may differ from Ihese estsm8les. Th8 esllmales and underlylng assumplions are revièwed on an ongoing basis. Revisions lo Èccounling eslimales are fecognised in Ihe period In which the eslim816 Is revised where Ihe rovision affects only that period. or in the period ol the revision and fulure periods where lh6 revision affects both current and future pèriods. Crltlcal judgements Foxed asset Impalrmont Wllhin fixed assets held at the financl81 ye8r end. we hold a number of properties thal are used in the day lo day operalions of th8 group. These propertles are properly malntalnèd wllh repalrs belng ¢ompleled regularty and as such no depreciation or impalrmenl is recognised for them. In¢omo Irom donallon$ and legacl•s Unreslrl¢tod Restrl¢ted funds lundj 2025 2025 Total Unrestilcted R•8lricled lund• funds 2024 2024 Tol•l 2025 2024 Oonalions 8nd gitis Granls 625,005 500 100,518 14.527 725,523 15.027 146,055 500 131,364 15,750 277,419 16,250 625.S05 115.045 740.550 146.555 147,114 293,669 20-
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from Charllable a¢tlvltles Unrnstrl¢ted Unrqslrlel•d funds funds 2025 2024 Charlloble actlvltl•$ Incom• Sports. aclivllies and crafts Affiliations DBS lee Income Tralnlng Weèkend Wellb8lng Fundralsing Income - marathon CMAS Appeal Club Leaders dinner income Emerging Leaders Sèrvice lèvel agr88ments 4.808 6,110 1.998 1,240 312 7.974 5.572 3,198 1,006 300 7.596 2.800 492 685 533 1,500 3.872 20,373 29,623 In¢ome Irom other tradlng a¢tlvllle• Unro$trl¢ted Unrestrlcted fund8 lunds 2025 2024 Other mlseéllaneous Income Action Cenlres UK Limiled Irading inwme 500 7,548,353 3,551 6.969.235 Other trading aclivilies 7,548,853 6,972.786 Income from Investrnents Unrestrleted Unrestrletéd funds funds 2025 2024 Renlal income Bank inlerest 76.910 6,813 49.168 7.864 83,723 57.032 21
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expèndlture on ralslng funds Unrestfl¢ted Unreslrl¢ted funds funds 2025 2024 Fundralslng and publlclly Acllon Cenlfès UK Llmlled Iradlng expenses Other (undralslng costs 6,685.222 61.580 6,285,243 143 6,746.802 6,285,386 -22-
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Exp•ndltur• on charltabl• •ctlvltl•• Ch•rftibf• R••trlÉt•d Idlvltl•i eh•rltabl• Gtbvlti•• 20ZS T4>t•l ¢h•rfl•bl• R•¥trl¢t•d •ctlvlll•¥ ch•rlt•bl• Total 2¥ 2f125 2024 2024 2024 Dir•cl costs Affiliaikjns Geft•r youlh dev•bpm•nl School pl8¢1 Uoand8 prejocl 2.562 144.167 1.005 19.000 2.862 194.178 1.005 19.000 3.584 189.300 SO.011 154.091 35.209 19,341 19.341 186.7)4 $0,011 218.745 176.996 35.209 212.205 Sh•r• d •upp•rt •nd gov•rn&rw• ¢o•ts Its•• not• 91 Support Gov•Fnwnc• 510.9S1 68.99S 66,670 577,821 S71.123 131,902 SO,65t 621.774 131.902 766,680 116.681 e3.361 880,021 85.860 965.181 Anatytsli by lund 788.680 766.680 116,681 880.021 880,021 85,860 Restr100 Ivnds. g•n•fJl 116,681 85.800 766.680 116.681 883.381 880,021 85.860 985.881 -23-
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support costs allocated to actlvltles 2025 2024 Support C08ts comprl$e: Minibus Sports Activilies Affilialions School Project General Youth Development 11.552 57,762 57.762 231.049 219,496 62.177 62.177 248,710 236.275 577,621 621.774 Analysed belwtson: Chaiilablè activllios 577,621 621.774 2025 2024 Gov•rnanc• cost$ comprlse: Slaff cosls Audit lees Legal and professional Telephone Postage and slalionery Computer sundiles Sundries Pdnllng and publlcily Fund raising cosls 71,254 12.550 3.534 19 883 376 15 232 132 114.269 11.950 3,770 25 273 535 727 344 88.995 131.902 24-
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2025 10 N•t m•v•m•nt Sn fund• Grotsp 2W5 Group Cvmp•ny Comp•ny 2024 2025 2024 Th• n•1 mov•m•nl in n is $il•d art•r tha1¢1•111Thg)'. Fee$ payable for Ihg 8udil of Ine chadWS finanal slè1nls OepFecl•iion of owned langibl• fixed a8s•ts 8ank Inlr•sl on loans and overdrafts Olh¢r lo•n Inleresl Iro pur¢ha5tt Inler•8t 0rgainS and105Se5 Cosi ofstock r•w9nis•¢ •1 •n exp•n8 OperaUng1•41• ch•ry 22,300 267.S51 40.843 31.496 61.312 21,250 12,550 228,887 267.$51 52.525 40,843 49.164 31,496 47.816 61,312 14.4431 1.7.8)7 14,837 11.950 228.887 52,525 49.164 47.818 14.4431 1,146,703 13,157 13.157 14.837 -25-
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 11 Truste•s None ol the Irusle83 (or any person$ connected wilh Ihem) recelved any remunerallon or b8nefils from the charity during the year. -26-
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 12 Empl••• The Sra90 monthly number of•rnF4oy••6 during Ihe orw&s.. Group 2025 Wumb•r Group 2024 Numb•r C•mpAThy 2025 NLtmb•r Compthny 2024 Numb•i Managom8nl ond •dmlnislr•ln Youth work acti1189 Fundriising and publlclty 27 236 28 239 10 14 10 Employm•nt emts Gr•up 2028 Oroup 2024 Comp•fiy 201$ ¢¢mp•ny 2024 Waw and 8•lorf•8 Social securty co¥ts Oih•r pension ¢osl• 3.995.398 278,032 78,621 3.748.472 245,559 71,155 267.222 19,772 2.545 239.942 16.856 4.338 4,352.052 4,063,186 289,539 261.136 There were no•rnpby••i wth•8nnu•l r•rnun•r•liDn mDr• LhRn £80.IX)). 27
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS NOTES TO THE FINANCIAL STATEMENTS ICONTINUED} FOR TrIE YEAR ENDED 31 MARCH 2025 12 Employ••e Iconllnu•dl ft•mun•rillon of k•y minwm•nt p•rnoTrn•l Thè.'emuneraVon of k•y m•n•q•rn•nl p•rsonn¢i •$fdlM'. 202S 2024 Aggr•y•ia eemp8n8•bOn 42.694 38.592 -28-
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 13 Movement on Investments Group 2025 Group Company Company 2024 2025 2024 Galnsl{losses) arising on: Changes in value of financral assets held al lair value Ihfough profil or loss (4.4431 14.4431 14,443) (4.4431 14 Taxation The charlly is exempl from laxallon on ils adivlli8$ because all its income is applied for Charllable purposes. 15 Group tanglble assets Fr•¢hold l•nd and bu51dSn9S A¢llvlty Equlpmenl Flxtur•i. Ilttln9$ and M•lor v•hl¢lo5 T•l•l •qulpmont Cost Al 1 April 2024 A<ldilions 16.904,340 2,036.752 2,195,107 24.898 91,805 73,344 21,209.543 33,095 149,798 Al 31 March 2025 16,904.340 2.061,650 2,286.912 106,439 21,359,341 Dopr•elatlon and Impalrm•nt Al 1 April 2024 Oeprecialion charged in the yèar 92,530 6.368 1.351,769 1,788,185 95,482 151.689 42,277 3.274,761 14.012 267,551 Al 31 March 2025 98,898 1.447,251 1,939.874 56,289 3.542,312 Carrylng amounl Al 31 March 2025 18.805.442 614,399 347.038 50.150 17,817,029 Al 31 Maich 2024 16,811.810 684,983 406.922 31,067 17.934.782 29-
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 15 Company tanglble assets Fr•ohold lind and bulldln9$ Aclivity Fixturoo. Egulpmenl 1Sttlngs and ofll¢è •qulpmenl Tol•l vehlcle# Cost Al 1 April 2024 Additions 16,913,340 2,036,752 2.195,107 24.898 91,805 73.344 21.209,543 33,095 149,798 Al 31 March 2025 16,913.340 2.061,650 2,286.912 106,439 21.359.341 Dopr•elatlon and lrnpalrm•nt Al 1 Aprll 2024 Depreclalion charged in the year 92,530 1,351,769 1,788,185 6,368 95.482 151,689 42.277 3,274,761 14,012 267,551 Al 31 March 2025 98.898 1.447.251 1,939.874 56,289 3,542,312 Cairylng amount Al 31 March 2025 16.814,442 614.399 347.038 50.150 17.826,029 Al 31 March 2024 16.820.810 684.983 406,922 31,067 17,943,782 17 Flxed ass•t Inv•$tm•nts . company Other Investments Cost or valuatlon Al 1 Aprll 2024 a 31 March 2025 Al 31 March 2025 Imp•lrmen¢ Al 1 April 2024 & 31 March 2025 Al 31 March 2025 Carrylng amount Al 31 Maich 2025 Al 31 March 2024 30-
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 18 Assets Included at valuatlon The folkmiing assets are Included al valuation. Original cost Amount of Year of valu•tlon v¥lu•llon Proporty on Isle ol Harrls 3,084 so.000 1995 Th• ¢omporable hl$torlcal ¢o$t Ilgvr¢$ are as follows: Land and bulldlngs Cost 811 April 2024 and 31 March 2025 3.084 Nol book value al 31 March 2025 24.043 31
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 19 Stotki Gmup 2025 Group C•mpany C•mp•ny 2024 2025 2024 Finish0d goods and goodi fer reoal• 60,461 54.263 20 O•btor• Gffjup 2025 Group Comprry Comphy 2024 202S 2024 Amourbti 14111fig du• wlthln on• Tradè d•btorn Othèr d•biors Propayrn•nts 8nd accN•d Inwrn• 52.332 112.937 22.215 73,025 153.631 11.734 37,652 21.418 11,734 15,025 22.215 187,414 238.390 37,240 90.804
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS NOTES TO THE FINANCIAL STATEMENTS ICONTINUEOI FOR THE YEAR ENDED 31 MARCH 2025 21 LMn nd w•rdr•ft Gwup Company ¢omp•ny 2024 2025 2024 2025 ank io•n$ Olher loans 243.146 347.559 308,373 243.146 308.373 1.119.309 347,559 1.119,309 590.705 1,427.682 590.705 1,427,682 Pyabl•vilhln one y•aF Pay•bl• •ft•rono y•br 249.197 341.508 358.07A 249.197 358.074 1,069.608 341.SOB 1.069.606 AmtyJni$ IndutJ•d •bov• whlch f•ll du• bft•rflv• y••N'. P4y4bl• by inst•im•nii 155.723 155.723 Al the bBlan¢o ih881 dale £243.14812024 £308,373) v4•s lo Bar¢k•y• Bank Ple. B8rd•ys Bank Plc. ho a 88cond 1•901 ¢h?rge ¢J•t•O 2 Janwry 2014 ov•r fr••hol¢ propirty known Is Klnq6 Part CoDler8nce Cenire loc•led ai.. Klngs P•rK Rood. North•mpton. NN3 6LL. B¥id•ys Bank He. also hol¢Js • ¢roi• pu•r•ni• 8nd 1•b•Nr0 b•fvYn A¢Uon C1r UK Limlo¢ and Norfh4mptonhlr• A¥¥oci•Uon of Yeulh Clubi dated 1 Jun• 2011. Loun 4mguntS Ih81 ala due jftor five yo• 1¢ 8•rd•ys B•nk. urry an Ini•ra81 rita of 3.6% p•r amum. R8p•ywmB ar• mad• rnonlNy and lh• •xpod•d eomplelK)n dale Is July 202B. Al bal8A¢e SWI dalo 12024 ¢668,7481 w*$ to thè Lan9ley TNsi. The Langley Tnjst 4 legDI chwg• ¢Jèted 2 J4nu8ry 2014 over Iho Ireehold propety known 88 Kingi Path Conleronc• Contre IrJC•ted ot.. Klngs Puik Ro•d, thrth•mplon, NN3 6LL.ThO legal chArg• w•4 $•li¥fKg¢ tyl IS May 2025. 33.
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FQR THE YEAR ENDED 31 MARCH 2025 22 Fln•nt• l••¥• •bllwion¥ Future minimum I5• paynts Ou• und•r In•nu le•¥.' fjroup 2025 Oroup 2024 Comyny ¢ompany 2025 Z024 Within on• year Within hvo bnd fiv• y•8rs In ov•r nv• y•• 186.366 171.96$ 164.035 276.377 3.8QO 186.366 171,965 164,035 276.)77 3.BOO 360,331 444.212 360,331 444.212 1118 Ih• comp•ny'$ policy lo l•as• urtain equipm•nl under finance1••3e$, Tho •v•r49•1oase lfjrmls Ihr•e y•OT¥. Ini•r•si ral98 are nx8d al Ih• contract dalo. l•a50$ ar• on o fix•¢ payment b•315 trnd ng wrnng•m•nl8 h•w b••n 8nl•r8d into for¢onllng8nl rThl payrn•N$. Th• b•l•rrto8 •bov• •r• i•wF•d on 46•ets to whKh tm 4gr••m•nts r•l•l•.
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS NOTES TO THE FINANCIAL STATEMENTS ICONTINueD) FOR THE YEAR ENDEO 31 MARCH 2025 23 Cr•dltor¥'. l•lllng du•wllhln on• y••r Group 2025 Group 2024 ¢omp•ny 2025 ¢•mp•ny 2024 Not•1 B•nk loans Obligallans under fin•n¢i l•ise& other borrowin9¥ Other iaxaikjn and social $•¢urfty TMd• ¢reJiior* Amourtts owtd to undertaklry8 Other ¢r•¢llorn Aecry•l8 8nd d•l•rr•d In¢om• 21 22 38.491 188,366 210.706 373.838 1.Y8.117 31,505 164,035 326.569 362.138 1,675.082 31.505 164.035 326.569 4.820 1.137.001 82.484 2.519 25.846 188.366 249.197 4.988 1.309.213 170.391 1,6S3 22,$39 17,884 109,IS9 1SO,747 2S,846 2,486.361 2.735.922 1.946.347 1.774.$79 24 Cr•dltor•'. amouTht¥ falllng du• •ft•r mor• ih•n on• y•8r Group 2025 Group 2024 ¢•fflp•Dy 2025 Company 2024 14ot•i B•nk loans Oblyalbn¥ und8rtkn•nc•1••1•8 Olhèr btsrrowings 21 22 2Q4.6SS 171.965 136.853 276.868 280.177 792.740 204.es5 171.965 136.853 278.868 280.177 792.740 513,473 1.349,7bS SlJ,473 1.349.78S .3$.
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 25 Re8trS¢ted lunds The reslricled funds of Ihe ¢harily comprise the unexpended b81ances ol donalions and grants h81d on trust subjecl lo specific condilions by donors as to how Ihey may be used. Al 1 Aprll 2024 Incoming Resourcès At 31 March i•sour¢o$ expended 2025 As restated 30.350 1,439,526 2,111.748 1.958.906 446,239 231,554 3.514,275 551,154 793 15.038 44.807 308,208 55,891 4,858 Frontier Cenlfe Tennis Centre Pioneer Centre Kings Park Development Fund Klngs Park Trampoline Fund Ranch 08velopmenl Whllemoor Lakes Capilal assets fund Whitemoor Lakes Kayaks Kings Park 25th Annlversary Appeal Summer Appeal - Benham Arena Whilemoor Lakes Aclivily Hub Ploneer Aclivily Appeal Minibus and Iraller lund Conn8xions Pioneer Busary Corby Development Rebus Prolect Arm for Sam Coiby Learnlng Paflnership Frlends ol Whilemoor Lakes appeal Winnie Hall Trust granl YD Christmas Appeal Emerglng Leaders & Hebfldes Trlp Klngs Park Cenlre mattresses Roller Skaling Benham Bursary Aid Lighlhouse Christmas Appeal 2016 Action Centre5 Bursaries Wellbelng 4 Youth Vulnerable Homèless Send NCC Pacesetlers - bursorles for camps Church worker WML Aclivily appeal Trauma recovery Sport England Grant 601h Anniversary appeal KP Spr)Tls equlpment Diamond Appeal Uganda expedition Norlhamplon town councll - Iraining grant Emeigency spring appeal 2022 KP Spinney 30.350 1.439,526 2.081,280 1,956.489 446,015 231,554 3,490.348 551.154 793 15,038 44.807 308,208 79,840 4,858 {30.468) {2,4171 1224) (23.927) 23.949 14,261 130 10 80 97 816 1.308 1,000 (870) 14.391 130 10 80 97 816 1,308 56,354 64,490 1,066 2,500 1.125 26.989 (16.4181 66,905 84.490 1,066 2,500 1,125 2,325 {10.796) 16,666 500 103 1,416 27,51XI 36.883 26,250 59,661 50,288 1,500 27,859 7.957 6,626 8,753 8,222 16,666 500 103 1,416 27.500 36.883 26,250 59.661 50,288 1.500 27.859 7.957 5,426 8.753 8,422 {1.2001 200
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 25 Rg$trl¢tsd lunds {Contlnu¢d) Ow6n Family TR Donation re WML Don PIO acl Inslruclors -Allred Haines Donaiions for PIO MUGA- 2023 Donalions - KPC Piano - A Lock WNC - CFG Briarlsfields Wellbeing Calé Busary- Chrlslmas 2023 Wide Horizons - Dye Glft - WML DonalicTrns - KPS Muga K8yak5 & Canoes- WML Happy Days Children's ch donalion Nplon TC £10k- Club sel uwbiteslze YD - Youlh Summit Income Maralhon Fundralslng Income Christmas 2023 - Funl)oals x 14 YD . WNC r8 welcome spaces - Tu8sday WML- Mobile Climb Tower Christmas App8al 2024 Oonallons - Sunley Hall N8w Yèar Appeal 2025 - YD WNC - W¢llbeln9 fund Brlar Hilllsoulhfield NNC . Youth engagement grant OPFCC 9r8nl . explore group NCC youlh provision WML Busary 10,000 2,000 39.750 9.700 4,977 450 10.000 10,000 10,000 133 10.190 688 10.000 2,000 39.750 9,700 12.477 450 12,483 10.000 10.000 133 10.026 688 5,990 5.000 7,500 7,000 <4.5171 1164} 12.2651 12,3871 2.265 8.377 5.000 1,500 6,000 4,329 10.000 106 1,500 4,467 2,560 {1,500) (5.113) 887 4,329 10.000 106 {7,574) (4,288) 12701 {4) {2.300) 199 2,290 11.243.661 11b,U45 {116,681) 11.258.874 26 Unr8$lrlcl•d funds The unreslricled lunds ol the charSly comprlse Ihe unexpended balances of donalions and granls which are not subject lo specifi¢ condilions by donors and gronlors as to how Ihey may be used. At 1 Aprll 2024 In¢omlng R•sources resourcos expended Tran$f•rs Al 31 March 2025 General funds Revalualion reserve 3.244,312 46.881 8,278.454 (7.513,4821 (16.8491 3.992.435 46,881 3.291,193 8,278.454 {7,513,482) (16.849) 4,039.316 37.
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 26 Unrestrletod funds (Contlnued) Prevlou8 yèar: At 1 Apill 2023 Incomlng Rèsources resources èxp¢nded Transfèrs At 31 Mareh 2024 Gener81 funds Revaluation résèrve 3.226,066 46,881 7,206,058 17,165.407) (22,405} 3.244,312 46,881 3.272,947 7,206.058 17,165.407) (22,405} 3,291.193 27 Analysls of nel assèts b•lwèen funds - group Unrestilcted funds 2025 Restrlcted funds 2025 Total 2025 At 31 Maf¢h 2025: Tangible as¥81s Current asselsllliablliliesl Long lerm li8bililie$ 6,271,042 (1,718,253) (513.4731 11,545.987 17.817.029 (287.113) (2.005.366) {513,473) 4,039,316 11,258.874 15,298,190 Unrestrlcted lund$ 2024 a¥ re$taled Reslrlcled funds 2024 as re$lated Total 2024 as restated At 31 March 2024". Tangible asseis Currenl asselsllliabililies) Lon9 term liabililies 6,345,479 {2.1 55.3841 {898.9021 11.589.303 1Y.934,782 105,241 12,050,143) (450.8831 11.349,7851 3.291,193 11,243.661 14.534,854 38-
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 27 Anatysls ol nel assets b•lwe•n fund$ - company Unrestrlcted lunds 2025 Roslrlcted funds 2025 Total 2025 Ai 31 March 2025: Tangible assets Investments Currenl asselsllliabililies} Lon9 lemi118bililie$ 6.280,042 11.545.987 17,826.029 (1.641,7641 1513,473) (287.1121 (1,928.876) (513,473) 4,124,807 11,258.875 15.383,682 Unr¢strlcted lund• 2024 a• r&stated Reslrlcled lund• 2024 Total 2024 86 r•slaled as reltsted At 31 March 2024: Tangible assels Inveslmenls CUrn1 asselsl{Ilabilillesl Long tarm Ilabllillès 6,354,479 11.589,303 17.943,782 {1,746,161) {898.9021 105.243 {1,640.918) (450,883) {1.349,7851 3,709,418 11.243,663 14,953,081 29 Operatlng1••80 commltm•nl8 Lossee Al the reporling end dale Ihe charily had oulslanding commitmenls for future minlmum18ase paymenls under nOnancelIable operating leases, whlch fall due as follows.. 202S 2024 Wilhin one year Between two and five years 4,288 3.829 3.612 6,893 8.117 10.505 -39-
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Related party Iran$a¢tlons Transaetlons with rèlated parties During the year the charity entered into the followlng tr8nsactions with related parties.. Donatlons & gllts 2025 2024 Entllles wllh common trustee Key mana9emenl personnel 12,113 11.000 10,000 23,113 10,000 Dufinp the year, a member of Ihe key management of the ¢harlly lonl the charily £70,000, al Ihe year end no balan¢e was oul818nding lo be receivod. Thè lollow5n9 amounls ware oulsl8nding al Ihe reportlng end dale.. Amounts owed to related partlol 2025 2024 Enlilies over which the entity has conlrol, joint control or slgnificanl inlluence 1,461,872 1.153,873 1.461.872 1.153,873 31 Subsldlarles Deloils of Ihe charily's subsidiarles at 31 March 2025 are as follows.. Name ol undertaklng R•gl8tfried offlce Nature ol bu#ln•si Cl8$1 of shares held 'A Hèld Dlroct Acllon Centres Lld Kln9s Park. Klngs Park Road, Northampton, NN3 8LL Edvcallng young poople Ordinary shares 100.00 32 Shar• capltal Northamplonshire Assoclalion of Youth Clubs is a company limited by guaranlee and nol having a sh*e capilal. All members of Ihe associalion, i.e. all those who are enlilled lo allend and vole al generdl meelings, may be required to pay the sum of £1 should the Northamplonshire Assoclalion of Youlh Clubs be wound up eilher whilst Ihey are a member or wilhin one year after they Gease lo be such. These amounts are conlingenl and would only be call8d up in Ihe evenl of liquidalion. -40-
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 33 Cash gfrnerated Ifom operatlon$ 2025 2024 Surplus for Ihe year 763.336 108,348 Adluslm•nt$ for: Inveslmenl income recognised In 8181ement of financlal 8Ctivllle8 Fair value galns and losses on Snveslmenls Oepreclalion and impolrment of langible fixed ass918 {6,8131 (7.864) (4.4431 228.887 267.551 Movfrments In worklng ¢apltal'. Iln¢rease) in stocks Decfease in debtors IDecreasellincrease In creditors 18,198} 29,654 {143,763} 13,345) 79.868 88,657 Cash gen¢rated from op¢ratlon$ 903.767 488,108 -41
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 34 Anatyil¥ ol ¢hng•s In n•t Id•btlllund¥ Al l Apth 2024 L#11t•d C•sh •1 bank •nd in th)nd 393,126 1180.0781 233.050 393.136 1160.0761 233.050 Loan8 lalling duo *lhin on• yeor Loans lalllng due aft•r mole iTr on• y••r Ob1i9èlK)n$ undèr flnCe l•as81 1356.0741 11.069.808> 1444,2121 108.877 246.100 197,735 1249.1971 1341,5081 1360,3311 480.000 1113.8541 11,478.7681 394,636 480,000 1113,8541 1717,9861 -42.
NORTHAMPTONSHIRE ASSOCIATION OF YOUTH CLUBS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 35 Prlor p•rlod adjustmenl Chang¢s to the balance sheet A131 Mar¢h 2024 A$ provlousty Adlu•lment reported A8 feslal•d Revaluation reseNe Reslricled funds Unreslricled funds 46.881 11,454,715 3.033.258 46.881 11,243.661 3,244,312 (211,054) 211,054 Total èqulty 14,534,854 14,534.854 Between 2021 2024, transfer$ were made beNveen reslricled and unreslricled rese(ves, when Ihere were available r6slricled reserves lo offsel Ihe negalive movemenl in the re51ricled reseeS Ihls has been reversed. There is no impact on profivlosses of the charily or lh8 group. Changes lo Ihfr proflt and1088 a¢counl Pèrlod •ndèd 31 March 2024 AS pr•vlousfy Adlu$lmgnl A8 reslat•d report•d Nel movement In funds 106,348 106,348 -43-