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|---|---|---|---|---|---|---|
|Trustees'|Annual
Report (Incorporating||the|Directors' Report)|||
|Independent
Examiner's
Report||to the|Trustees||||
|Statement|of Financial
Activities|(Including||Income and Expenditure|Account)||
|Statement|of Financial
Position|||||12|
|Statement|ofCash Flows|||||13|
|Notes to|the Financial Statements|||||14|
|The Following Pages Do Not||Form|Part|ofthe Financial Statements|||
|Detailed|Statement
of Financial|Activities|||||
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|,247).Total
follows:|funds of6183,944 were held as at 31st M|
arch 2021 (2020 - f214,807)and are made|
|---|---|---|
|||Total|
|Unrestricted|general|86,062|
|Unrestricted|capital|70,038|
|Unrestricted|total|156,100|
|Restricted||27,844|
|Total funds||183,944|
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|Reference||and Administrative|and Administrative|and Administrative|Details||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Registered||charity|name||Tees Vagey Young|Men's||Christian||Association|||
|Charity registration|||number||1020171||||||||
|Company|registration|||number|02794134||||||||
|Principal office and|||registered||Middleton
Court||||||||
|office|||||Middleton
Street||||||||
||||||Darlington||||||||
||||||County Durham||||||||
||||||DL1 1TU||||||||
|The Trustees|||||||||||||
||||||Cllr M Wright (Chair)||||||||
||||||Mr R Flowers||||||||
||||||Mr CWhite (Treasurer)||||||||
||||||Ms J Foster||||||||
||||||Mrs LStephenson|||||(Resigned|December|2020)|
||||||Ms A Clark||||||||
|Principal Staff|||||David Robinson CEO||(appointed||May 2020)||||
||||||Lynn Lambert Housing||Manager||(appointed||November|2021)|
|Independent||Examiner|||Jillian F Hindmarsh|FCA|||||||
||||||Allen Sykes Limited||||||||
||||||5 Henson Close||||||||
||||||South Church
Enterprise|||Park|||||
||||||Bishop Auckland||||||||
||||||County Durham||||||||
||||||DL14 6WA||||||||
|Solicitors|||||Jacksons Solicitors||||||||
||||||Innovation
House||||||||
||||||Yarm Road||||||||
||||||Stockton-On-Tees||||||||
||||||TS183TN||||||||
|Bankers|||||Barclays Bank Pic||||||||
||||||27-31 High Row||||||||
||||||Darlington||||||||
||||||DL3 7QW||||||||
|Company|Secretary||||Mr D Robinson||||||||
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||||||2021||2020|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|||
||||Note|funds
f|funds|Total funds
f|Total funds|
|Income and endowments||||||||
|Donations
and legacies|||5|698|709|1,407|10,000|
|Charitable
activities|||6|519,698|129,533|649,231|887,294|
|Other trading
activities|||7|9,469||9,469|26,020|
|Total income||||529,865|130,242|660,107|923,314|
|Expenditure||||||||
|Expenditure
on charitable||activities|8,9|574,272|116,698|690,970|902,247|
|Total expenditure||||574,272|116,698|690,970|902,247|
|Net (expenditure)/income||||(44,407)|13,544|(30,863)|21,067|
|Transfers
between|funds|||25,554|(25,554)|||
|Net movement
in|funds|||(18,853)|(12,010)|(30,863)|21,067|
|Reconciliation
of|funds|||||||
|Total funds
brought|forward|||174,953|39,854|214,807|193,740|
|Total funds carried forward||||156,100|27,844|183,944|214,807|
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|||||2021|2020|
|---|---|---|---|---|---|
||||||F|
|Cash Flows from Operating||Activities||||
|Net (expenditure)/income||||(30,863)|21,067|
|Adjustments
for.||||||
|Depreciation
oftangible|fixed|assets||4,076|6,002|
|Accrued expenses||||9,559|3,384|
|Changesin:||||||
|Trade and other debtors||||4,390|(14,567)|
|Trade and other creditors||||6,629|(9,816)|
|Cash generated
from operations||||(6,209)|6,070|
|Nel cash (used in)/from|operating||activities|(6,209)|6,070|
|Net (Decrease)/Increase|in|Cash and Cash Equivalents||(6,209)|6,070|
|Cash and Cash Equivalents||at Beginning ofYear||136,913|130,843|
|Cash and Cash Equivalents||at End ofYear||130,704|136,913|
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|Freehold
property|2% straight|line|
|---|---|---|
|Tools|20% straight|line|
|Fitness suite|33%straight|line|
|Motor vehicles|33%straight|line|
|Office equipment|33%straight|line|
|Richmond assets|20% straight|line|
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|||||||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|---|---|---|---|
|||||||Funds
E|Funds
f|2021
f|
||Donations||||||||
||Donations|||||698|709|1,407|
||Grants||||||||
||School for Social Entrepreneurship||||||||
|||||||698|709|1,407|
|||||||Unrestricted|Restricted|Total Funds|
|||||||Funds
F|Funds
8|2020
f|
||Donations||||||||
||Donations||||||||
||Grants||||||||
||School for Social Entrepreneurship|||||10,000||10,000|
|||||||10,000||10,000|
|6.|Charitable||Activities||||||
|||||||Unrestricted|Restricted|Total Funds|
|||||||Funds|Funds|2021|
||||||||E|8|
||Social housing|||income||242,120||242,120|
||Y Housing|income|||||15,000|15,000|
||Tudor Trust||||||4,400|4,400|
||Positive Support Pathway|||||270,142||270,142|
||Big Lottery|Motiv8|||||63,199|63,199|
||Youth Inclusion|||Fund|||||
||County
Durham|||Community|Foundation||10,000|10,000|
||Mutual
Gain||||||||
||CCG||||||10,604|10,604|
||Adult Social||Care Covid grant||||10,000|10,000|
||Covid-19 Keeping Connected||||||10,000|10,000|
||DBC Rapid||Testing Grant||||6,330|6,330|
||Other smaller grants|||||7,436||7,436|
|||||||519,698|129,533|649,231|
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||||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|---|
||||Funds|Funds|2020|
||||E|6|6|
|Social housing|income||253,142||253,142|
|Y Housing
income||||30,000|30,000|
|Tudor Trust||||45,600|45,600|
|Positive Support Pathway|||263,084||263,084|
|Big Lottery Motiv8||||113,147|113,147|
|Youth Inclusion|Fund|||167,710|167,710|
|County
Durham|Community|Foundation||8,376|8,376|
|Mutual Gain||||6,235|6,235|
|CCG||||||
|Adult Social Care Covid grant||||||
|Covid-19 Keeping Connected||||||
|DBC Rapid Testing Grant||||||
|Other smaller grants||||||
||||516,226|371,068|887,294|
|Other Trading|Activities|||||
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2021|
|||||f|E|
|Training||||||
|Room hire|||1,260||1,260|
|YMCA shop income||||||
|Other income|||8,209||8,209|
||||9,469||9,469|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2020|
||||8|||
|Training|||2,449||2,449|
|Room hire|||13,506||13,506|
|YMCA shop income|||3,434||3,434|
|Other income|||5,953|678|6,631|
||||25,342|678|26,020|
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|Expenditu|re
on Charitable
Activitie|s
by Fund Type|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2021|
|||E|E|E|
|Charitable|activities|444,612|116,698|561,310|
|Supportcosts||129,660||129,660|
|||574,272|116,698|690,970|
|||Unrestricted|Restricted|Total Funds|
|||Funds
6|Funds
F|2020
f|
|Charitable|activities|461,246|354,358|815,604|
|Support costs||86,643||86,643|
|||547,889|354,358|902,247|
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|Expenditure|on Cha|rita|ble
Activities|by Activity Ty|pe||||
|---|---|---|---|---|---|---|---|---|
|||||Activities|||||
|||||undertaken||Total|funds|Total fund|
|||||directly|Support costs||2021|2020|
|||||6|6||||
|Charitable
activities||||561,310|128,160|689,470||900,447|
|Governance|costs||||1,500||1,500|1,800|
|||||561,310|129,660|690,970||902,247|
|Analysis of|Support|Costs|||||||
||||||Charitable||||
||||||activities|Total 2021||Total 2020
f|
|Staff costs|||||68,423|68,423||13,139|
|Premises|||||20,648|20,648||28,810|
|General office|||||14,511|14,511||15,495|
|Governance|costs||||1,500||1,500|1,800|
|Legal &professional||fees|||15,373|15,373||18,455|
|Depreciation|||||1,874||1,874|2,960|
|Other costs|||||7,331||7,331|5,984|
||||||129,660|129,660||86,643|
|Net (Expenditure)/income|||||||||
|Net (expenditure)ancome|||is stated after|charging/(crediting):|||||
||||||||2021|2020|
|||||||||6|
|Depreciation|oftangible||fixed assets||||4,076|6,002|
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|Independent|Examinatio|n
Fee|s|||
|---|---|---|---|---|---|
|||||2021|2020|
|||||6|F|
|Fees payable|to the independent||examiner for:|||
|Independent|examination|ofthe|financial statements|1,500|1,800|
##
|The|total|staff|costs|and|employee|benefits|for|the|reporting|period|are|analysed
as|follows;|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||2021|2020|
|||||||||||||E||
|||||||||||||225,081|290,060|
|||||||||||||18,657|22,457|
|||||||||||||4,321|4,670|
|||||||||||||117,474|130,609|
|||||||||||||365,533|447,796|
|full-time|eq|uivalent
empl|
oyees
during the year is ana|lysed as follows:||
|---|---|---|---|---|---|
|||||2021|2020|
|||||No.|No.|
|Number|of|management|staff|1|1|
|Number|of|other staff||9|14|
|||||10|15|
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|Transfers|between|between|funds|relate to the following:||
|---|---|---|---|---|---|
||||||2021|
||||||6|
|Contribution||to overheads||from Motiv8|30,230|
|Funding|of|deficit|on Tudor Trust grant||(10,300)|
|Other transfers|||||5,624|
||||||25,554|
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|Tangible Fixe|d A|ssets||||||
|---|---|---|---|---|---|---|---|
|||||Fitness suite||||
|||Freehold||and office|Motor|Richmond||
|||property|Tools|equipment|vehioles|assets|Total|
|||6|6|F||F|6|
|Cost||||||||
|At 1 Apr 2020||||||||
|and 31 Mar 2021||71,571|1,031|121,454|25,934|13,212|233,202|
|Depreciation||||||||
|At 1 Apr 2020||7,155|1,027|121,451|25,932|3,523|159,088|
|Charge for the||||||||
|year||1,433||||2,643|4,076|
|At 31 Mar 2021||8,588|1,027|121,451|25,932|6,166|163,164|
|Carrying
amount||||||||
|At 31 Mar 2021||62,983|4|3|2|7,046|70,038|
|At 31 Mar 2020||64,416|4|3|2|9,689|74,114|
|Debtors||||||||
|||||||2021|2020|
|||||||6|P|
|Trade debtors|||||||13,680|
|Prepayments|and|accrued income||||10,433|2,255|
|Accrued income||||||27,082|24,493|
|Other debtors||||||240|1,717|
|||||||37,755|42,145|
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||||2021
f|2020
F|
|---|---|---|---|---|
|Trade creditors|||27,731|20,781|
|Accruals and deferred||income|17,397|9,098|
|Social security and other taxes|||5,447|4,980|
|Other creditors|||3,978|3,506|
||||54,553|38,365|
|Deferred Income|||||
||||2021|2020|
|||||F|
|At 1 April 2020|||1,260|1,000|
|Amount
deferred|in year|||260|
|Amount released|in year||(1,260)||
|At 31March 2021||||1,260|
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||||At||||At 31 March|
|---|---|---|---|---|---|---|---|
|||1|April 2020|Income|Expenditure|Transfers|2021|
||||F||F|F||
|General|funds||100,839|529,865|(574,272)|29,630|86,062|
|Capital|fund||74,114|||(4,076)|70,038|
||||174,953|529,865|(574,272)|25,554|156,100|
||||At||||At 31 March|
|||1|April 2019|Income|Expenditure|Transfers|2020|
||||8|F|8|8|6|
|General|funds||40,166|551,568|(541,887)|50,992|100,839|
|Capital|fund||80,116||(6,002)||74,114|
||||120,282|551,568|(547,889)|50,992|174,953|
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|||At||||At 31 March|
|---|---|---|---|---|---|---|
|||1 April 2020|Income|Expenditure|Transfers|2021|
|||6|6|6||6|
|Big Lottery - Motiv8|||63,249|(33,019)|(30,230)||
|Lloyds Bank Foundation||542|||(542)||
|Youth Inclusion
Fund||4,659||(3,990)|(669)||
|The Henry Smith Charity|||||||
|Y Housing||21,736|15,000|(21,938)||14,798|
|Co-op Grant|||||||
|Awards
For|All||||||
|County
Durham|||||||
|Community|Foundation|10,736||(528)|(2,360)|7,848|
|Tudor Trust||(4,054)|4,400|(10,646)|10,300||
|Mutual
Gain||6,235||(4,064)||2,171|
|CCG|||10,604|(10,188)|(416)||
|Covid-19 Keeping|||||||
|Connected|||10,000|(8,463)|(1,537)||
|CDCF - Covid grant|||10,659|(10,659)|||
|Adult Social|Care Covid||||||
|grant|||10,000|(9,900)|(100)||
|DBC Rapid Testing|||||||
|Grant|||6,330|(3,303)||3,027|
|||39,854|130,242|(116,698)|(25,554)|27,844|
|||At||||At 31 March|
|||1 April 2019
6|Income
f|Expenditure
F|Transfers|2020
E|
|Big Lottery - Motiv8||2,558|113,280|(89,799)|(26,039)||
|Lloyds Bank|Foundation|742||(200)||542|
|Youth Inclusion
Fund||20,842|168,255|(166,159)|(18,279)|4,659|
|The Henry Smith Charity||5,099|||(5,099)||
|Y Housing||24,318|30,000|(32,582)||21,736|
|Co-op Grant||6,804||(4,900)|(1,904)||
|Awards
For|All|3,921||(4,250)|329||
|County
Durham|||||||
|Community|Foundation|9,174|8,376|(6,814)||10,736|
|Tudor Trust|||45,600|(49,654)||(4,054)|
|Mutual
Gain|||6,235|||6,235|
|CCG|||||||
|Covid-19 Keeping|||||||
|Connected|||||||
|CDCF - Covid grant|||||||
|Adult Social|Care Covid||||||
|grant|||||||
|DBC Rapid Testing|||||||
|Grant|||||||
|||73,458|371,746|(354,358)|(50,992)|39,854|
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|Analysis
of Net A|ssets Between Funds||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2021|
||||F|E|
|Tangible fixed assets||70,038||70,038|
|Current assets||140,615|27,844|168,459|
|Creditors less than|1 year|(54,553)||(54,553)|
|Net assets||156,100|27,844|183,944|
|||Unrestricted|Restricted|Total Funds|
|||Funds
r|Funds
f|2020|
|Tangible fixed assets||74,114||74,114|
|Current assets||143,863|35,195|179,058|
|Creditors less than|1 year|(38,365)||(38,365)|
|Net assets||179,612|35,195|214,807|
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|||||At||
|---|---|---|---|---|---|
|At|1|Apr 2020|Cash flows|31 Mar|2021|
|||6|F||E|
|||136,913|(6,209)|130,704||
|||||||6
|F|E|
|---|---|---|---|---|---|---|---|---|
||Cash at bank and ln hand||||136|,913|(6,209)|130,704|
|24.|Operating|Lease Commitments|||||||
||The total|future|minimum|lease payments|under non-cancellable|operating|leases are as follows:||
||||||||2021|2020
f|
||||||||13,620|15,164|
|||||||||13,620|
||||||||13,620|28,784|
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|||2021
f|2020
f|
|---|---|---|---|
|Income and endowments||||
|Donations
and legacies||||
|Donations||1,407||
|School for Social Entrepreneurship|||10,000|
|||1,407|10,000|
|Charitable
activities||||
|Social housing
income||242,120|253,142|
|Y Housing
income||15,000|30,000|
|Tudor Trust||4,400|45,600|
|Positive Support Pathway||270,142|263,084|
|Big Lottery Motiv8||63,199|113,147|
|Youth Inclusion
Fund|||167,710|
|County Durham
Community|Foundation|10,000|8,376|
|Mutual
Gain|||6,235|
|CCG||10,604||
|Adult Social Care Covid grant||10,000||
|Covid-19 Keeping Connected||10,000||
|DBC Rapid Testing Grant||6,330||
|Other smaller grants||7,436||
|||649,231|887,294|
|Other trading activities||||
|Training|||2,449|
|Room hire||1,260|13,506|
|YMCA shop income|||3,434|
|Other income||8,209|6,631|
|||9,469|26,020|
|Total income||660,107|923,314|
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||||2021|2020|
|---|---|---|---|---|
||||E||
|Expenditure
on charitable||activities|||
|Activities undertaken|directly||||
|Wages and salaries
Employer's
NIC|||157,291
18,657|277,931
22,457|
|Employer's
pension costs|||4,321|4,670|
|Other staff costs|||116,841|129,599|
|Rent, rates and water||||1,871|
|Light and heat|||16,189|15,248|
|Premises expenses|||41,637|62,854|
|Y Housing
refurbishment
Vehicle expenses
Legal and professional
Office costs|costs
fees||21,848
1,300
15,900
3,167|32,582
6,114
70,073
4,952|
|Depreciation|||2,202|3,042|
|Programme
related costs|||91,281|96,196|
|Other costs||||17,697|
|Service charge|||70,676|70,318|
||||561,310|815,604|
|Support costs
Wages and salaries
Other staff costs|||67,790
633|12,129
1,010|
|Premises costs|||20,648|28,810|
|Legal and professional|fees||15,373|18,455|
|Office costs|||14,511|15,495|
|Depreciation|||1,874|2,960|
|Other costs|||7,331|5,984|
||||128,160|84,843|
|Governance costs|||||
|Independent
examiner's|fees||1,500|1,800|
|Expenditure
on charitable||activities|690,970|902,247|
|Net (expenditure)/income|||(30,863)|21,067|