| Report ofthe Trustees | 1 to5 | |
|---|---|---|
| Independent Examiner's |
Report to the Trustees | |
| Statement of Financial | Activities | |
| Statement of Financial |
Position | |
| Notes to the Financial Statements | 9to 16 | |
| Detailed Statement of Financial Activities | 17 |
| In March | 2021, the | 2021, the | 2021, the | Board of Trustees | Board of Trustees | Board of Trustees | Board of Trustees | launched | launched | an open recruitment process to strengthen |
an open recruitment process to strengthen |
an open recruitment process to strengthen |
an open recruitment process to strengthen |
the Board, using | the Board, using | its own | database | and |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| asking other | organisations | to publicise | this opportunity, as well as advertising |
the post on https://trustees-unlimited. | co.uk. This process | |||||||||||||
| yielded 4 | very high | quality | candidates | who were | offered the opportunity to act as consultants |
to the | Board as | part of | the recruitment | |||||||||
| process and | were then | appointed | as trustees | on | 30 November 2021. | |||||||||||||
| All members | of the Management | Committee | give their time voluntarily and |
received | no benefits | from the charity. | Any expenses | |||||||||||
| reclaimed | from the charity | are set | out in the accounts. | |||||||||||||||
| REFERENCE | AND | ADMINISTRATIVE | INFORMATION | |||||||||||||||
| Name ofCharity | Youth 2000 Charitable Trust |
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| Charity registration | number | 1000371 | ||||||||||||||||
| Company | registration | number | 02493263 | |||||||||||||||
| Principal | address | Roman Catholic National | Shrine | |||||||||||||||
| Friday Market Place, Walsingham | ||||||||||||||||||
| Norfolk | ||||||||||||||||||
| England | ||||||||||||||||||
| NR22 6EG | ||||||||||||||||||
| Trustees | ||||||||||||||||||
| The trustees | and officers serving | during | the year | and since the year end were | as follows: | |||||||||||||
| Mr E R Fernandez | ||||||||||||||||||
| (Appointed: 01 December | 2016) | |||||||||||||||||
| (Resigned: 30 November | 2021) | |||||||||||||||||
| Mr R FToone (Chair) | ||||||||||||||||||
| (Appointed: 01 December |
2016) | |||||||||||||||||
| Christopher John Purslow |
||||||||||||||||||
| (Appointed: 07 February 2020) | ||||||||||||||||||
| Mary Downie | ||||||||||||||||||
| (Appointed: 30 November | 2021) | |||||||||||||||||
| Hannah Hayward |
||||||||||||||||||
| (Appointed: 30 November | 2021) | |||||||||||||||||
| Fr. Michael Hall |
||||||||||||||||||
| (Appointed: 30November | 2021) | |||||||||||||||||
| C MacFarlane-Barrow | ||||||||||||||||||
| (Appointed: 30November | 2021) | |||||||||||||||||
| Secretary | Mr E R Fernandez | |||||||||||||||||
| (Resigned: 30 November | 2021) | |||||||||||||||||
| Michael Hall |
||||||||||||||||||
| (Appointed: 30 November | 2021) | |||||||||||||||||
| Independent | examiners | Fergal Davern FCA |
||||||||||||||||
| Hardy House | ||||||||||||||||||
| Northbridge House |
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| Berkhamsted | ||||||||||||||||||
| Herts | ||||||||||||||||||
| HP4 1EF |
| Notes | Unrestricted | Restricted | 2022 | 2021 | |||
|---|---|---|---|---|---|---|---|
| funds | funds | ||||||
| E | |||||||
| Income and | endowments | from: | |||||
| Donations | and legacies | 2 | 125,511 | 125,511 | 237,606 | ||
| Charitable | activities | 3 | 71,968 | 71,968 | 301 | ||
| Investments | 4 | 10 | 10 | 13 | |||
| Total | 197,489 | 197,489 | 237,920 | ||||
| Expenditure | on: | ||||||
| Raising funds | 5 | (6,078) | (6,078) | (4,760) | |||
| Charitable | activities | 6/7 | (133,249) | (57,813) | (191,062) | (137,086) | |
| Total | (139,327) | (57,813) | (197,140) | (141,846) | |||
| Net income/expenditure | 58,162 | (57,813) | 349 | 96,074 | |||
| Reconciliation offunds |
|||||||
| Total funds | brought forward | 25,572 | 110,454 | 136,026 | 39,951 | ||
| Total funds | carried forward | 83,734 | 52,641 | 136,375 | 136,025 |
| Notes | 2022 | 2021 | ||
|---|---|---|---|---|
| f | ||||
| Fixed assets | ||||
| Tangible assets | 13 | 1,736 | 2,308 | |
| 1,736 | 2,306 | |||
| Current assets | ||||
| Debtors | 957 | 105 | ||
| Cash at bank and in hand | 146,487 | 145,435 | ||
| 147,444 | 145,540 | |||
| Creditors: amounts | falling due within one year | 14 | (12,805) | (11,823) |
| Net current assets | 134,639 | 133,717 | ||
| Total assets less current liabilities | 136,375 | 136,025 | ||
| Net assets | 136,375 | 136,025 | ||
| The funds ofthe charity | ||||
| Restricted income funds | 15 | 52,641 | 110,453 | |
| Unrestricted income funds |
15 | 83,734 | 25,572 | |
| Total funds | 136,375 | 136,025 |
| 2.Income from | donations | and le | gaci | es | ||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Unrestricted | funds | |||||
| Donations received |
115,511 | 49,370 | ||||
| Grants received | 10,000 | 188,236 | ||||
| 125,511 | 237,606 | |||||
| Analysis ofgrants received |
||||||
| 2022 | 2021 | |||||
| All Churches | Trust Ltd | 9,250 | ||||
| Kristos Media | 68,000 | |||||
| Porticus UK |
77,986 | |||||
| Sisters ofthe | Holy Cross Charitable | Trust | 8,000 | |||
| The Jerusalem Trust |
15,000 | |||||
| The Sir Harold Hood Charitable | Trust | 10,000 | 10,000 | |||
| 10,000 | 188,236 | |||||
| 3.Income from | charitable | activities | ||||
| 2022 | 2021 | |||||
| K | ||||||
| Unrestricted | funds | |||||
| Festivals - Ticketed | ||||||
| Festival income | 71,968 | 301 | ||||
| 4.Investment income |
||||||
| 2022 | 2021 | |||||
| f | ||||||
| Unrestricted | funds | |||||
| Bank interest | receivable | 10 | 13 | |||
| 10 | 13 |
| xpenditure |
on generating donations and legacies |
||
|---|---|---|---|
| 2022 | 2021 | ||
| f | |||
| Unrestricted | funds | ||
| Donations | 6,078 | 4,760 | |
| 6,078 | 4,760 |
| osts of | charitable activities by fund typ |
e | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | 2022 | 2021 | ||
| funds | funds | ||||
| Events | 74,220 | 57,813 | 132,033 | 131,213 | |
| Festivals | - Ticketed | 53,160 | 53,160 | ||
| Support | costs | 5,869 | 5,869 | 5,873 | |
| 133,249 | 57,813 | 191,062 | 137,086 |
| Costs ofcha | ritable ac |
tivities by activity type | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| E | f | |||
| Activities undertaken | directly | |||
| Events | 137,902 | 137,086 | ||
| Festivals - Ticketed | 53,160 | |||
| 191,062 | 137,086 | |||
| Analysis of | support costs | |||
| 2022 | 2021 | |||
| Governance | costs | 5,869 | 5,873 |
| Net income/(e | xpenditure) for the year |
||
|---|---|---|---|
| This is stated | after charging/(crediting): | ||
| 2022 | 2021 | ||
| Depreciation | ofowned fixed assets | 1,416 | 1,137 |
| Accountancy | fees | 3,880 | 2,815 |
| Staff pension | contributions | 2,164 | 4,295 |
| Total staff costs for the year ended 31 March 2022 were: | ||
|---|---|---|
| 2022 | 2021 | |
| f | ||
| Salaries and wages | 87,955 | 85,365 |
| Social security costs | 4,881 | |
| Pension costs | 2,164 | 4,295 |
| 95,000 | 89,660 | |
| 2022 | 2021 | |
| Employees | 3 | 3 |
| Comparative for the State |
ment ofFinancial Activities |
|||
|---|---|---|---|---|
| Unrestricted | Restricted | 2021 | ||
| funds | funds | |||
| Income and endowments | from: | |||
| Donations and legacies |
59,370 | 178,236 | 237,606 | |
| Charitable activities |
301 | 301 | ||
| Investments | 13 | 13 | ||
| Total | 59,684 | 178,236 | 237,920 | |
| Expenditure on: |
||||
| Raising funds | (4,760) | (4,760) | ||
| Charitable activities |
(69,303) | (67,783) | (137,086) | |
| Total | (74,063) | (67,783) | (141,846) | |
| Net income/expenditure | (14,379) | 110,453 | 96,074 | |
| Reconcilia6on offunds | ||||
| Total funds brought forward | 39,951 | 39,951 | ||
| Total funds carried forward | 25,572 | 110,453 | 136,025 |
| Fixtures and | |
|---|---|
| Cost or valuation | Fittings |
| E | |
| At 01 April 2021 | 12,029 |
| Additions | 844 |
| At 31 March 2022 | 12,873 |
| Depreciation | |
| At 01 April 2021 | 9,721 |
| Charge for year | 1,416 |
| At 31 March 2022 | 11,137 |
| Net book values | |
| At 31 March 2022 | 1,736 |
| At 31 March 2021 | 2,308 |
| Creditors: amounts falling due within one year |
||
|---|---|---|
| 2022 | 2021 | |
| Trade creditors | 33 | 724 |
| Other creditors | 5,892 | 8,274 |
| Accruals and deferred income | 6,880 | 2,825 |
| 12,805 | 11,823 |
| Unrestricted | Funds | ||||||
|---|---|---|---|---|---|---|---|
| Balance at | Incoming | Outgoing | Balance at | ||||
| 01/04/2021 | resources | resources | 31/03/2022 | ||||
| General | |||||||
| General | 25,572 | 197,489 | (139,327) | 83,734 | |||
| 25,572 | 197,489 | (139,327) | 83,734 | ||||
| Unrestricted | Funds | - Previous | year | ||||
| Balance at | Incoming | Outgoing | Balance at | ||||
| 01/04/2020 | resources | resources | 31/03/2021 | ||||
| 6 | |||||||
| General | |||||||
| General | 39,951 | 59,684 | (74,063) | 25,572 | |||
| 39,951 | 59,684 | (74,063) | 25,572 |
| Restricted | Funds | ||||
|---|---|---|---|---|---|
| Balance at | Incoming | Outgoing | Balance at | ||
| 01/04/2021 | resources | resources | 31/03/2022 | ||
| Restricted | Funds | 110,454 | (57,813) | 52,641 | |
| 110,454 | (57,813) | 52,641 |
| Restricted | Funds - Previous year | ||||
|---|---|---|---|---|---|
| Balance at | Incoming | Outgoing | Balance at | ||
| 01/04l2020 | resources | resources | 31/03/2021 | ||
| Restricted | Funds | 178,236 | (67,783) | 110,453 | |
| 178,236 | (67,783) | 110,453 | |||
| Purpose | ofrestricted funds |
| Analysis of | net assets between funds | |||
|---|---|---|---|---|
| Tangible | Net current | Net Assets | ||
| fixed assets | assets I | |||
| (liabilities) | ||||
| Unrestricted | funds | |||
| General | ||||
| General | 1,736 | 81,998 | 83,734 | |
| Restricted funds | ||||
| Restricted | Funds | 52,641 | 52,641 | |
| 1,736 | 134,639 | 136,375 | ||
| Previous year | ||||
| Tangible | Net current | Net Assets | ||
| fixed assets | assets I | |||
| (liabilities) | ||||
| Unrestricted | funds | |||
| General | ||||
| General | 2,308 | 23,264 | 25,572 | |
| Restricted funds | ||||
| Restricted | Funds | 110,453 | 110,453 | |
| 2,308 | 133717 | 136,025 |
| 2022 | 2021 | ||
|---|---|---|---|
| E | |||
| INCOME AND ENDOWMENT | |||
| Donations and legacies |
|||
| Donations | 115,511 | 49,370 | |
| Grants Receivable | 10,000 | 188,236 | |
| 125,511 | 237,606 | ||
| Charitable activities |
|||
| Festival Income (Festivals - Ticketed) | 71,968 | 301 | |
| 71,968 | 301 | ||
| Investments | |||
| Bank Interest Receivable | 10 | ||
| 10 | 13 | ||
| Total incoming resources |
197,489 | 237,920 | |
| EXPENDITURE | |||
| Raising donations and legacies |
|||
| Staff Costs - Wages 8 Salaries | (5,555) | (4,657) | |
| Staff Costs - Pension Contributions |
(523) | (103) | |
| (6,078) | (4,760) | ||
| Charitable activities |
|||
| Staff Costs - Wages 8 Salaries (Events) | (82,400) | (80,708) | |
| Staff Costs - Social Security Costs (Events) | (4,881) | ||
| Staff Costs - Pension Contributions |
(Events) | (1,641) | (4,193) |
| Retreat And Event Costs (Events) | (16,527) | (27,511) | |
| Travel And Subsistence (Events) |
(3,612) | (48) | |
| Other Running Costs (Events) |
(21,382) | (18,703) | |
| Entertainment (Events) |
(1,480) | (50) | |
| Motor Expenses (Events) | (110) | ||
| Festival Costs (Festivals - Ticketed) | (53,160) | ||
| (185,193) | (131,213) | ||
| SUPPORT COSTS | |||
| Governance costs | |||
| Accountancy Fees (Events) |
(3,880) | (2,815) | |
| Legal Fees (Events) | (100) | ||
| Depreciation Of Owned Assets (Events) |
(1,416) | (1,137) | |
| Interest Payable (Events) | (56) | ||
| Bookkeeping (Events) |
(406) | (1,921) | |
| Card Charges (Events) | (11) | ||
| (5,869) | (5,873) | ||
| Total resources expended | (197,140) | (141,846) | |
| Net Income | 349 | 96,074 |