Company registration number 04323224 (England and Wales)
Charity registration number 1099564 (England and Wales)
OXFORD KILBURN YOUTH TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
OXFORD KILBURN YOUTH TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
A Brown
S Turner
Matthew Perry
Cheryl Buchanan
Stephen Herbert
G Biggs
(Appointed 7 July 2025)
Nicole Charles
(Appointed 7 March 2026)
Country of incorporation
United Kingdom
04323224
(England and Wales)
Charity registration
England and Wales
1099564
Registered office
Christian Holt House
45 Denmark Road
Kilburn
London
NW6 5BP
Independent examiner
SBM Associates Limited
Freedman House
Christopher Wren Yard
117 High Street
Croydon
CR0 1QG
OXFORD KILBURN YOUTH TRUST
CONTENTS
Page
Trustees report
1 - 6
Independent examiner's report
7
Statement of financial activities
8
Statement of financial position
9
Notes to the financial statements
10 - 21
OXFORD KILBURN YOUTH TRUST
TRUSTEES REPORT (INCLUDING DIRECTOR'S REPORT)
FOR THE YEAR ENDED 31 MARCH 2026
- 1 -

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)".

Objectives and activities

The Oxford Kilburn Youth Trust (known as The OK Club) works with young people, their families and the wider community in South Kilburn, North-West London. We work with them to build character and capabilities, as they grow into active and engaged adults and where appropriate to enable them to explore the Christian faith. From that perspective we provide opportunities for young people to explore their spirituality and their place in the world, and build positive relationships they can rely on.

 

The objectives of the charity are the promotion and encouragement of the Christian faith by applying the capital and income of the company without distinction for or towards all or any of the following purposes:

 

 

The charity achieves the above objectives through the operation of the OK Club.

 

 

SOUTH KILBURN - OUR HOME FOR 60+ YEARS

The South Kilburn estate, our home for over 60 years now, is a fantastic mix of people from around the world. It’s vibrant and diverse and full of beautiful people of all ages, cultures and backgrounds. However, it continues to be an area which is high in deprivation. The area has suffered from a range of issues which include violence, drugs, disaffection, and low educational attainment. Our young people are at risk of being engaged in anti-social behaviour and crime. We continue to experience violence and anti-social behaviour on our streets.

 

The area also continues to change. Brent Council are partway through a multiyear regeneration project and the Club has been next door to a building site for the past 5 years now. With more of the 1960’s tower blocks to be demolished and rebuilt in the coming years, this won’t change anytime soon. With this physical change, also comes a change to make up and character of the neighbourhood. As an organisation physically at the heart of the estate, we want to make sure we are supporting and helping people to be connected as good neighbours - both old and new.

OXFORD KILBURN YOUTH TRUST
TRUSTEES REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 2 -
Achievements and performance
Significant activities and achievements against objectives

 

Our activities can be divided into three main areas:

 

Youth & Children’s Programme

 

The OK Club remains open and busy with a weekly programme of children's and youth activities. We have maintained activities from Monday to Friday in the afternoon/evening and try to cater for a range of ages and activity interests. Our team is led by our part time Youth Work Development Officer (0.4 fte), Debbie, who is assisted by a youth worker (0.2 fte), Raquel and children’s play leader, Sam (0.4 fte). We also have 4 gap year participants with us each year (2x ft, 1x 0.5 fte and 1x 0.2 fte). This team continues to be supplemented by volunteers from the residents of Christian Holt House and other local neighbours.

 

Over the past 12 months we have improved our consistency in delivering sessions. Having additional volunteers has enabled us to cope with sickness better. As well as continuing with our Play Leader funding for children’s work (from Children in Need and the National Lottery Community Fund), we have also secured funding to run Cooking sessions with children. Using portable hot plates in our Activity space, young people learn basic cooking skills and get to eat their own creations. We are thankful to Granville Community Kitchen in their support of this, before Sam took over running it. Alongside this, we continued our programme of drop-in sessions, sports activities, school holiday activities and trips. We have continued to run the Jack Petchey Achievement Award scheme (for teenageers), and our in-house Kate Herbert Award (for primary aged children).

 

We have partnered with a number of organisations over the last 12 months and are grateful to Brent Centre for Young People, Granville Community Kitchen, Lin Kam Arts, the South Kilburn Trust, and Connect Stars.

 

During the year we worked with 152 different children and young people. We ran 226 sessions and had 1,720 attendances on the register during that time. This represents an increase of approximately 15% on last year.

 

Community Animation Programme

Our Community Animator, Niki, continues to work alongside people in the community to build on our connections with our neighbours and to help people to share and develop their skills and confidence. We completed 97 outreach sessions this year, including talking with residents in the street and door to door. This led to 305 conversations with local people and 98 more people joined our community WhatsApp group.

We held several successful large community events that brought the local community together- the summer CarniVale in partnership with LinKam Arts, the South Kilburn Trust and others, our Winter Fair was a huge success and attended by over 300 people, and our first ever Community Iftar, attended over 100 people, which local women approached us to host. We also attended Queen's Park festival, where we shared information about the Ok Club with visitors and local residents.

This year, we supported local people to deliver these weekly activities:

OXFORD KILBURN YOUTH TRUST
TRUSTEES REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 3 -

Other shorter term projects we hosted included:

Looking ahead,we are excited that two residents are ready to launch an art group and a vintage film club.

Building Maintenance, Development and Use

 

The building is a gift of our heritage, and we continued to be blessed with the use of these facilities. However, it remains a challenge to maintain them. Wear and tear has an impact and many spaces are now in need of renovation. Our part time Building Manager, Raquel, works diligently to ensure the building is maintained so that we can keep using it. We have also been grateful for the services of a handyman, Jesse, who has helped us to deal with some of the more technical jobs that fall between general maintenance and contractor sized jobs.

We were pleased to arrange a volunteering day for our local Developers Vistry Countryside. A team of 15 of their staff joined our team to revamp part of our garden.

We have begun addressing some of the larger issues with the building and were very excited in October 2025 to learn that we have been successful in our bid to Brent Council’s Youth Capital Fund for a Sports Hall renovation. Works will hopefully start in 2027 and will involve complete renovation of our Sports Hall, addition of new toilets and re-purposing of our stage area.

 

As well as utilising the building for our own activities, we wish to maximise the usefulness of the building to the South Kilburn neighbourhood by allowing others to use it when we aren’t. This also provides additional income to help fund the maintenance of the building and our Youth, Children’s and Community Programmes. The upper floors of our main building are licensed/let to various groups for office and activity space, while the Activity Room and Sports Hall are used by a variety of external groups during the week. We continue to increase this use, particularly during the daytime and at weekends.

 

Alongside all of this maintenance and regular use, the trustees continue to explore the possibility of a much larger redevelopment of the site. In the past year, the Trustees have agreed on a general design brief and have held conversations with Brent Council as well as various developers to look at the possibilities. We wish to continue this direction of travel.

 

Partners and Supporters

 

We are grateful for our relationship with the Christian Holt Housing Association (CHHA) which is a Christian missional community which provides a source of volunteers and funding. CHHA residents consist of full-time volunteers and other residents who have their own jobs but who spend part of their leisure time helping run the Club activities. Following the fire in December 2024, Christian Holt House was fully renovated and reopened in May 2025. We are grateful for the cooperation of our insurers in helping to remedy the situation, and particularly to John, Cheryl, and Andrew three of our trustees who gave an inordinate amount of time and energy to coordinating the claim and repairs.

 

We have ongoing links with the Berlin Mission and the International Cultural Youth Exchange who introduce the gap year interns to us. Their partnership with us is invaluable.

 

Our link with St. Luke’s Church continues to be very important to us. Several trustees are members there, and they are always supportive of our activities. Katy, the current curate, acts as chaplain to the residents of CHHA and her support is invaluable. We have also been pleased to build on our link with West Kilburn Baptist Church.

OXFORD KILBURN YOUTH TRUST
TRUSTEES REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 4 -

The work of the Club would not be possible without the support donors and funders, to whom we are incredibly grateful. There are people who have been supporting the OK Club financially and with prayer for decades now which is humbling to know.

 

In 2025 we decided to end our strategic relationship with Worth Unlimited (The Worth Foundation, charity no. 3451215). The support of Worth Unlimited’s senior leadership team was greatly appreciated but the trustees felt that changes in the leadership structure of Worth Unlimited and our own capacity made the arrangement no longer worthwhile.

 

Outcomes and Impact

Our youth and children’s programme utilises a system to monitor the progress of each young person and after every session the team endeavours to identify the progress or otherwise of each young person. This is all recorded on our CRM system, Lamplight. The information gathered helps us in our reflection and planning processes. Our community work is also evaluated on a regular basis with reports from both areas of work regularly received by the trustees.

 

Equipping the Team

As part of our ongoing commitment to staff development and training we have continued to train and support our staff and volunteers to help them improve their youth and children's work practice. The programme is led by Debbie Garden and includes mandatory training in Safeguarding and First Aid as well as wider youth work development concepts.

 

 

Plans for the Future

Our strategic plans going forward are:

 

OXFORD KILBURN YOUTH TRUST
TRUSTEES REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 5 -
Financial review

In the year to 31 March 2026 the Trust recorded a surplus of £770 (2025 – deficit £50,211). However, we recorded a deficit in unrestricted funds, using a significant portion of our reserves. The trustees recognise that this situation is not sustainable and have taken steps to address our fundraising capacity. The net assets of the charity amounted to £618,716 at the end of the year of which cash and bank deposits amounted to £96,451 (2025 - £77,521).

 

The Trustees conducted a funding review of the organisation during the year. Income for the year was £148,931 which is up from the previous year, but included a significant grant received in the last month of the year. Expenditure was £148,161 which is a slight decrease on the previous year.

 

The fundraising environment continues to be extremely challenging for organisations like ours, but our trustees have committed to additional voluntary time in fundraising, which we believe will be further enhanced by the recruitment of a CEO. In March 2026 we were delighted to hear that our application to John Lyon charity was successful which specifically enables us to move forward with the recruitment of a CEO. We expect this person to be in post by September/October 2026.

 

With our ambitious future plans we need to raise additional income to be able to build the capacity we have for sustainability. Our goals continue to be:

 

Reserves Policy

It is the policy of the charity where feasible to maintain unrestricted funds which are the free reserves of the charity, at a level which equates to approximately three months' staffing costs. This provides sufficient funds to cover management and administration and support costs. Unrestricted funds at the end of the year were £14,864 (2 months) which is insufficient for this purpose at year end. As noted above, we are taking steps to rectify this situation and to rebuild the reserve to required levels.

 

Public Benefit

The trustees have referred to the Charity Commission's general guidance on public benefit when reviewing the Charity's aims and objectives and in planning its future activities. In particular the trustees consider how planned activities will contribute to the aims and objectives of the Charity.

 

Structure, governance and management

The charity is governed by the memorandum and articles of association.

 

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).

 

In March 2026 the trustees accepted the resignations of John & Diana Kinder. As founders of the charity we are immensely grateful for their recent contributions as trustees, particularly John as Chair. They stepped into the role at a time when the future of the charity was uncertain and led with humility and graciousness. They will be missed and we wish them well in their second “retirement”. We are grateful, however, that Geoff Biggs has been willing to join the Trustees and has stepped into the role of Chair. This has provided a smooth transition. Geoff has worked as a children, youth and community worker in Brent and Westminster for over 40 years and has been the CEO of Westbourne Park Family Centre since it started in 2003. He also serves as an Elder at Westbourne Park Baptist Church.

OXFORD KILBURN YOUTH TRUST
TRUSTEES REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 6 -

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

 

A Brown
S Turner
D Kinder
(Resigned 7 March 2026)
J Kinder
(Resigned 7 March 2026)
Matthew Perry
Cheryl Buchanan
Stephen Herbert
G Biggs
(Appointed 7 July 2025)
Nicole Charles
(Appointed 7 March 2026)
Recruitment and appointment of trustees

 

Trustees are appointed and removed by the existing board of trustees.

Induction and training of trustees

 

The Chair is responsible for the induction of new trustees.

The trustees report was approved by the Board of Trustees.

G Biggs
Trustee
22 July 2026
OXFORD KILBURN YOUTH TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF OXFORD KILBURN YOUTH TRUST
- 7 -

I report to the trustees on my examination of the financial statements of Oxford Kilburn Youth Trust (the charity) for the year ended 31 March 2026.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006.

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1

accounting records were not kept in respect of the charity as required by section 386 of the Companies Act 2006.

2

the financial statements do not accord with those records; or

3

the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination; or

4

the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Mamade R Suleman
SBM Associates Limited
Freedman House
Christopher Wren Yard
117 High Street
Croydon
CR0 1QG
Dated: 22 July 2026
OXFORD KILBURN YOUTH TRUST
STATEMENT OF FINANCIAL ACTIVITIES
(INCLUDING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2026
- 8 -
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2026
2026
2026
2025
2025
2025
Notes
£
£
£
£
£
£
Income from:
Donations and legacies
3
48,757
58,706
107,463
29,485
27,278
56,763
Charitable activities
4
40,751
-
40,751
42,057
-
42,057
Investments
5
717
-
717
1,632
-
1,632
Total income
90,225
58,706
148,931
73,174
27,278
100,452
Expenditure on:
Raising funds
6
177
-
177
347
-
347
Charitable activities
7
116,334
31,650
147,984
124,044
26,272
150,316
Total expenditure
116,511
31,650
148,161
124,391
26,272
150,663
Net income/(expenditure) and movement in funds
(26,286)
27,056
770
(51,217)
1,006
(50,211)
Reconciliation of funds:
Fund balances at 1 April 2025
39,913
578,033
617,946
91,130
577,027
668,157
Fund balances at 31 March 2026
13,627
605,089
618,716
39,913
578,033
617,946

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

OXFORD KILBURN YOUTH TRUST
STATEMENT OF FINANCIAL POSITION
AS AT
31 MARCH 2026
31 March 2026
- 9 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
12
533,261
550,805
Current assets
Cash at bank and in hand
96,451
77,521
Creditors: amounts falling due within one year
13
(10,996)
(10,380)
Net current assets
85,455
67,141
Total assets less current liabilities
618,716
617,946
The funds of the charity
Restricted income funds
15
605,089
578,033
Unrestricted funds
16
13,627
39,913
618,716
617,946

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2026.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the trustees on 17 July 2026
G Biggs
Trustee
OXFORD KILBURN YOUTH TRUST
NOTES TO THE  FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 10 -
1
Accounting policies
Charity information

Oxford Kilburn Youth Trust is a private company limited by guarantee incorporated in England and Wales. The registered office is Christian Holt House, 45 Denmark Road, Kilburn, London, NW6 5BP.

1.1
Basis of preparation

The financial statements have been prepared in accordance with the charity's memorandum and articles of association, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". The charity is a Public Benefit Entity as defined by FRS 102.

 

The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4
Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
OXFORD KILBURN YOUTH TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 11 -
1.5
Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

1.6
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold buildings
2% on cost
Leasehold land and buildings
2% on cost
Fixtures and fittings
2% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7
Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8
Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

OXFORD KILBURN YOUTH TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 12 -
Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.9
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.10
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

OXFORD KILBURN YOUTH TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 13 -
3
Donations and legacies
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2026
2026
2026
2025
2025
2025
£
£
£
£
£
£
Donations and gifts
32,757
50,900
83,657
29,485
27,278
56,763
Legacies receivable
1,000
-
1,000
-
-
-
Grants
15,000
7,806
22,806
-
-
-
48,757
58,706
107,463
29,485
27,278
56,763
Donations and gifts
John Lyons
-
50,000
50,000
-
3,800
3,800
Jack Petchey
-
900
900
-
-
-
Ashburnham Thanksgiving Trust
600
-
600
600
-
600
St Luke's West Kilburn
2,500
-
2,500
2,500
-
2,500
St Mary's Ealing
650
-
650
-
-
-
Souter Charitable Trust
3,000
-
3,000
-
19,430
19,430
Christian Holt Housing Association
16,200
-
16,200
7,000
-
7,000
Other
9,807
-
9,807
19,385
4,048
23,433
32,757
50,900
83,657
29,485
27,278
56,763
OXFORD KILBURN YOUTH TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
3
Donations and legacies
(Continued)
- 14 -
Legacies receivable
Other
1,000
-
1,000
-
-
-
1,000
-
1,000
-
-
-
OXFORD KILBURN YOUTH TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 15 -
4
Income from charitable activities
Unrestricted
Unrestricted
funds
funds
2026
2025
£
£

Income from use of Club

40,751
42,057
5
Income from investments
Unrestricted
Unrestricted
funds
funds
2026
2025
£
£
Interest receivable
717
1,632
6
Expenditure on raising funds
Unrestricted
Unrestricted
funds
funds
2026
2025
£
£
Fundraising and publicity
Seeking donations, grants and legacies
177
347
OXFORD KILBURN YOUTH TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 16 -
7
Costs of charitable activities

 

 

2026
2025
£
£
Staff costs
83,197
85,704
Depreciation and impairment
17,545
17,545

Insurance

3,913
2,339

Premises expenses

23,444
22,062

Telephone

493
509

Postage and stationery

809
604

Computer expenses

1,351
1,242

General Club project costs

12,486
12,244

Staff travel and other costs

1,166
1,159

Subscriptions

1,119
1,275

Bank charges

121
61

Worth Unlimited

750
4,072
146,394
148,816
Independent examiner's fees
1,590
1,500
147,984
150,316
Analysis by fund
Unrestricted funds
116,334
124,044
Restricted funds
31,650
26,272
147,984
150,316
8
Net movement in funds
2026
2025
£
£
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial statements
1,590
1,500
Depreciation of owned tangible fixed assets
17,545
17,545
9
Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
OXFORD KILBURN YOUTH TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 17 -
10
Employees

The average monthly number of employees during the year was:

2026
2025
Number
Number
5
4
Staffing costs
2026
2025
£
£
Payroll costs
Wages and salaries
46,141
33,509
Other pension costs
1,580
552
Total employee costs
47,721
34,061
Payroll costs analysed to other expenses
(3,696)
(5,222)
Subcontracted services included in staff costs
39,172
56,865
Staff costs per note 7
83,197
85,704
There were no employees whose annual remuneration was more than £60,000.
11
Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

12
Tangible fixed assets
Freehold buildings
Leasehold land and buildings
Fixtures and fittings
Total
£
£
£
£
Cost
At 1 April 2025
584,055
293,186
19,563
896,804
At 31 March 2026
584,055
293,186
19,563
896,804
Depreciation and impairment
At 1 April 2025
216,604
109,831
19,563
345,998
Depreciation charged in the year
11,681
5,864
-
17,545
At 31 March 2026
228,285
115,695
19,563
363,543
Carrying amount
At 31 March 2026
355,770
177,491
-
533,261
At 31 March 2025
367,451
183,354
-
550,805
OXFORD KILBURN YOUTH TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 18 -
13
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
6,883
6,630
Other creditors
2,250
2,250
Accruals and deferred income
1,863
1,500
10,996
10,380
14
Retirement benefit schemes
2026
2025
Defined contribution schemes
£
£
Charge to profit or loss in respect of defined contribution schemes
1,580
552

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

OXFORD KILBURN YOUTH TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 19 -
15
Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

Movement in funds
Movement in funds
Balance at
1 April 2024
Incoming resources
Resources expended
Balance at
1 April 2025
Incoming resources
Resources expended
Balance at
31 March 2026
£
£
£
£
£
£
£
Jack Petchey
3,677
900
(2,904)
1,673
900
(2,573)
-
Acorn fund
568,350
-
(17,544)
550,806
-
(17,545)
533,261
Estate of Kate Herbert
5,000
-
(96)
4,904
-
-
4,904
Playwork
-
19,430
-
19,430
-
(10,312)
9,118
John Lyons Summer Holiday
-
3,800
(3,114)
686
-
(686)
-
Countryside Community Chest
-
3,148
(2,614)
534
-
(534)
-
Cooking Project
-
-
-
-
7,806
-
7,806
John Lyons CEO
-
-
-
-
50,000
-
50,000
577,027
27,278
(26,272)
578,033
58,706
(31,650)
605,089
OXFORD KILBURN YOUTH TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
15
Restricted funds
(Continued)
- 20 -

Jack Petchey - Funding for the Jack Petchey Achievement Award scheme. Participants are nominated for an award on a quarterly basis and able to propose how to spend the award on activities or equipment.

 

Playwork (TLF) - For salary and activities for young people.

 

John Lyons Summer Holiday - Money from John Lyons for summer holiday activities.

 

John Lyons CEO - For new CEO of trust.

 

Countryside Community Chest - For community outreach through community animator.

 

Cooking Project - For the cooking project - equipment and ingredients.

 

Kate Herbert's Legacy - For salary and activities for children.

 

Acorn Fund - Building.

OXFORD KILBURN YOUTH TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 21 -
16
Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 April 2025
Incoming resources
Resources expended
At 31 March 2026
£
£
£
£
General funds
39,913
90,225
(116,511)
13,626
Previous year:
At 1 April 2024
Incoming resources
Resources expended
At 31 March 2025
£
£
£
£
General funds
91,130
73,174
(124,391)
39,913
17
Analysis of net assets between funds
Unrestricted
Restricted
Total
funds
funds
2026
2026
2026
£
£
£
At 31 March 2026:
Tangible assets
-
533,261
533,261
Current assets/(liabilities)
14,865
70,590
85,455
14,865
603,851
618,716
Per balance sheet
13,627
605,089
618,716
Balance to allocate
(1,238)
1,238
-
Unrestricted
Restricted
Total
funds
funds
2025
2025
2025
£
£
£
At 31 March 2025:
Tangible assets
-
550,805
550,805
Current assets/(liabilities)
39,913
27,228
67,141
39,913
578,033
617,946
18
Related party transactions

There were no disclosable related party transactions during the year (2025 - none).

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