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|||Page|
|---|---|---|
|Report ofthe Trustees|||
|Independent
Auditors'
Report tothe Members||12|
|Accounting
Policies||16|
|Consolidated
Statement ofFinancial Activities|||
|Consolidated
and Company|Balance Sheet|20|
|Consolidated
Cash Flow Statement||21|
|Company
Cash Flow Statement||22|
|Notes to the Consolidated|Accounts||
|Trustees and Management||31|
|Principal Places ofBusiness|and Advisers|32|
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|including
Income and Expend
orthe Year Ended 31"March|iture
Acco
2021|unt)|||||
|---|---|---|---|---|---|---|
|||Note|2021|2021|2021|2020|
||||Unrestricted|Restricted|Total|Total|
||||6000|EOOD|6000|f000|
|INCOME FROIyh|||||||
|Charitable
activities:|||||||
|Funds received for Activities|||150|2,727|2,877|3,337|
|Investment
income||||||2|
|Total Income|||150|2,727|2,877|3,339|
|EXPENDITURE ON:|||||||
|Charitable
activities:|||||||
|Developing
a skilled and|||65|1,253|1,318|1,256|
|effective Youth Sector|||||||
|Workforce|||||||
|Influencing
practice through|||20|569|589|326|
|policy and research|||||||
|Creating opportunities|for young||20|65|85|1,441|
|people|||||||
|Total expenditure|||105|1,887|1,992|3,023|
|NET SURPLUS/(EXPENDITURE)|||45|&40|885|316|
|Transfer between
funds||14||(613)|||
|Other recognised gains / (losses)|||||||
|FRS 102 adjustment|re service||||||
|costs
and interest|||||||
|Remeasurement
in respect of|||||||
|pension scheme||||||1,071|
|Release ofpension
liability|||4.899||4,899||
|NET MOVEMENT IN FUNDS|||5,557|227|5,784|1,387|
|Total funds brought forward|||(4,117)|89|(4,028)|(5,415)|
|Total funds carried forward|||1,440|316|1,756|(4,028)|
|CONSOLIDATED AND COMPANY BAlANCE|CONSOLIDATED AND COMPANY BAlANCE|SHEET|||||
|---|---|---|---|---|---|---|
|As at 31March 2021|||Consolidated||Company||
|||Note|2021|2020|2021|2020|
||||f000|f000|f000|f000|
|FIXEDASSETS|||||||
|Tangible assets||9|11|7|11|7|
|Investments||10|||||
|CURRENT ASSETS|||||||
|Debtors||11|878|223|896|242|
|Cash at bank &in hand|||1,151|1,023|1,137|1,008|
||||2,029|1,246|2,033|1,250|
|CREDITORS: Amounts|falling due within||||||
|one year||12|(284)|(382)|(284)|(382)|
|NET CURRENT ASSETS|||1,745|864|1,749|868|
|NET ASSETSAVAllABLE FOR OPERATING
ACTIVITIES|||1,756|871|1,749|875|
|Pension disclosure
in accordance with|||||||
|Financial Reporting Standard 102:|||||||
|Long term pension
liability||||(4,899)|-|(4,899)|
|Net liabilities
Including
liability|long term pension||1,756|(4,028)|1,760|(4,024)|
|REPRESENTED BYFUNDS:|||||||
|Restricted funds||14|316|89|316|89|
|Designated
funds||15|600|-|600||
|Unrestricted
funds|||840|782|844|786|
|FUNDS AVAILABLE FOR OPERATING|||1,756|871|1,760|875|
|ACTIVITIES|||||||
|Long term pension
liability||||(4,899)||(4,899)|
|Net liabilities
including|long term pension||1,756|(4,028)|1,760|(4,024)|
|liab&hty|||||||
|CONSOLIDATED CASH
31 March 2021|F|LOW STATEMENT|||
|---|---|---|---|---|
||||2021|2020|
||||8|8|
|Cash flows from operating||activities|||
|Net surplus/(deficit)|||5,784|1,387|
|Adjustments for:|||||
|Depreciation oftangible
fixed assets||||7|
|Loss on disposal offixed|assets|||10|
|Defined benefit pension|liability movement||(4,899)|(1,071)|
|Changesin;|||||
|Trade and other debtors|||(655)|375|
|Trade and other creditors|||(98)||
|Cash generated
from operations|||(753)|399|
|Interest received|||||
|Net cash from operating|activities||137|710|
|Cash flows from investing||activities|||
|Purchase oftangible assets|||(9)|(5)|
|Proceeds from sale ofinvestments|||||
|Net cash used in investing||activities|(9)|(5)|
|Net decrease. in cash and|cash equivalents||||
|Cash and cash equivalents||at beginning ofyear|1,023|318|
|Cash and cash equivalents||at end ofyear|1,151|1,023|
##
|PARENT COMPANY CA
31 March 2021|S|H FLOW STATEMENT|||
|---|---|---|---|---|
||||2021|2020|
||||E|E|
|Cash flows from operating||activities|||
|Net surplus/(deficit)|||5,784|1,387|
|Adjustments
for:|||||
|Depreciation
oftangible fixed assets|||5|7|
|Loss on disposal offixed assets||||10|
|Defined benefit pension
liability movement|||(4,899)|(1,071)|
|Changes
in:|||||
|Trade and other debtors|||(654)|375|
|Trade and other creditors|||(98)||
|Cash generated
from operations|||(752)|375|
|Interest received|||||
|Net cash from operating|activities|||709|
|Cash flows from Investing||activities|||
|Purchase oftangible assets|||(9)|(5)|
|Proceeds from sale ofinvestments|||||
|Net cash used in investing||activities|(9)|(5)|
|Net decrease In cash and|cash equivalents||||
|Cash and cash equivalents||at beginning ofyear|1,008||
|Cash and cash equivalents||at end ofyear|1,137|1,008|
##
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|||||Unrestricted|Unrestricted|Restricted|2021|2020|
|---|---|---|---|---|---|---|---|---|
|||||||NYA|||
||||||f000|EOOO|EOOD|EOOD|
||National|Citizen Service||||||1,080|
||Telefonica/02|||||48|48|328|
||DCMS|||||2,150|2,150|1,414|
||The BigLottery|||||299|299|38|
||Other||||150|230|380|477|
||Total||||150|2,727|2,877|3,337|
|2.|Investment|Income|||||||
|Investment
Income is interest on short-term||||bank|deposits.||||
|3.|Resources|expended on Charitable|Activities||||||
||||||'|||||
|---|---|---|---|---|---|---|---|---|---|
|||||Staff||Direct|Other|2021|2020|
|||||EOOD||EOOD|EOOD|EOOO|EOOD|
|Developing|a skilled and effective|||491||546|90|1,127|1,256|
|Youth Sector Workforce||||||||||
|Infiuencing|practice through||policy|216||107|80|403|326|
|and research||||||||||
|Creating opportunities||for young||269||107|86|462|1,441|
|people||||||||||
|Total||||976||760|256|1,992|3,023|
##
##
|foll|ows and is allocated to acti|vities based on levels ofincome.|||
|---|---|---|---|---|
||Support cost||2021|2020|
||||f000|f000|
||Rent, rates and office costs||68|192|
||Printing, postage, stationery,
and telephone||7|44|
||ITand related costs||34|16|
||Professional fees||57|57|
||Depreciation||5|5|
||Marketing
and publications||8|1|
||Irrecoverable
VAT||60|52|
||Other||17|28|
||||256|395|
|5.|Net Incoming Resources||||
|Net|incoming
resources are stated after charging:||||
||||2021|2020|
||||f000|f000|
||Auditors'
remuneration|-Audit services|10|10|
||Depreciation||5|7|
||Rentals under operating|leases- land and buildings||80|
##
##
|Rate ofincrease|in salaries|
|---|---|
|Rate of increase|in pensions|
|Market value of|the assets at the date ofthe last valuation|
##
||2020|
|---|---|
|Salary increases|2.4|
|Pension Increases|1.9|
|Discount rate|2.3|
|The assets and sche
are:|me liabil|itIe|s|In the scheme|being the amounts
recognised|in the balan|
|---|---|---|---|---|---|---|
||||||2020||
||||||Fund||
||||||value||
||||||6000||
|Equities||||6|892||
|Bonds||||10|1,631||
|Investment
funds and||Unit|||||
|Trusts||||74|12,439||
|Property||||7|1,249||
|Cash||||3|500||
|Fair value of plan assets||||100|16,711||
|Present value
obligations|offunded||||(21,610)||
|Net Pension (Deficit)/Surplus|||||(4,899)||
|Analysis ofamounts|recognised|||in the Statement ofFinancial activities|||
|||||||2020|
|||||||f000|
|Current service cost|||||||
|Losses and curtailments|||and settlements||||
|Contributions|by employer|||||141|
|FRS102adjustment||||||141|
|Interest cost||||||(141)|
|Remeasurement|on scheme|||liabilities||3,191|
|Remeasurement|on scheme|||assets||(2,120)|
|Total remeasurement||on|defined benefit||pension scheme|1,071|
##
|REPORT AND FINANCIAL STATEMENTS:|NATIONAL YOUTH AGENCY|31MARCH 20|
|---|---|---|
|7. Pension scheme
(conenued)|||
|||2020|
|Reconciliation ofdefined benefit obligations||f000|
|Opening defined benefit obligation||24,883|
|Current service cost|||
|Interest cost||590|
|Actuarial
(gains)/losses||(3,191)|
|Contributions
by members|||
|Benefits paid||(672)|
|Closing defined benefit obligation||21,610|
|Reconciliation offair value of plan assets|||
|Opening fair value ofplan assets||18,913|
|Interest cost||449|
|Contributions
by the employer||141|
|Contdibutions
by members|||
|Actuarial gains/(losses)||(2,120)|
|Benefits paid||(672)|
|Closing fair value ofplan assets||16,711)|
|Amounts forthe current and three previous|periods are as follows:||
|||2020|
|||F000|
|Defined benefit obligation||(21,610)|
|Fair value ofplan assets||16,711|
|(0egcit)/Surplus||(4,899)|
##
|oper|
ational
directors during the year was asfollows:|,||
|---|---|---|---|
|||2021|2020|
|||FTE|FTE|
||Total|16|26|
|The|aggregate costs ofthese persons were as follows:|||
|||2021|2020|
|||f000|f000|
||Salaries and wages|701|822|
||Socia Isecurity costs|71|75|
||Pension costs|190|197|
||Other staff related costs|14|39|
||Total|976|1,113|
##
##
##
||Computer|Fixtures and||
|---|---|---|---|
|Company|equipment|fittings|Total|
||E000|6000|E000|
|Cost||||
|At 1April 2020|43||50|
|Additions|9||9|
|Disposals||||
|At 31March 2021|||59|
|At 1April 2020|36||43|
|Charge foryear|5||5|
|Dfsposals||||
|At31March 2021|41|||
|Net book value||||
|At 31March 2021||||
|At31March 2020||||
##
##
##
|btors|||||||
|---|---|---|---|---|---|---|
||||Consolidated|||Company|
|Amounts
falling due within||one year|2021|2020|2021|2020|
||||EOOD|f000|EOOD|EOOD|
|Trade debtors|||45|144|45|144|
|Other debtors|||3|25|3|25|
|Amount
due from subsidiary||undertaking|||18|18|
|Prepayments|and accrued income||830|54|830|54|
|Total debtors|||878|223|896|242|
##
||Consolidated|Consolidated||Company|
|---|---|---|---|---|
||2021|2020|2021|2020|
||f000|EOOD|EOOD|f000|
|Trade creditors|82|3|82|3|
|Other taxation and social security|42|57|42|57|
|Other creditors||6||6|
|Accruals|109|254|109|254|
|Deferred income|51|62|51|62|
|Total|284|382|284|382|
||Consolidated||Company||
|---|---|---|---|---|
||2021|2020|2021|2020|
||f000|EOOD|f000|f000|
|Broughtforward|62|116|62|116|
|Utilised|(62)|(116)|(62)|(116)|
|Arising|51|62|51|62|
|Total|51|62|51|62|
##
##
##
||||At||||At|
|---|---|---|---|---|---|---|---|
||||31March|Incoming|Outgoing|Transfer|31March|
||||2020|resources|resources||2021|
||||E'000|E'000|E'000|f'000|f'000|
|Developing|a skilled and effective||81|1,763|(1,253)|(307)|284|
|Youth Sector Workforce||||||||
|Influencing|practice through|||807|(569)|(245)||
|policy and|research|||||||
|Creating opportunities||for young||157|(65)|(61)|32|
|people||||||||
||||89|2,727|(1,887)|(613)|316|
##
|Census and Associated
Research|Census and Associated
Research|Hub Activity|f200,000|
|---|---|---|---|
|Impact & Evaluation|Activity||6200,000|
|Amplifi|||F100,000|
|Safeguarding
& Risk|Hub||E 50,000|
|Digital Investment|||E 50,000|
##
|||2021|2020|
|---|---|---|---|
|||f000|f000|
|income||||
|Resources expended||||
|Net (Outgoing)/|Incoming Resources|||
|Assets||14|14|
|Liabilities||(18)|(18)|
|Funds||(4)|(4)|
##
##
##
||Unrestricted|Restricted|Total Funds|
|---|---|---|---|
||Funds|Funds|2021|
||EOOO|f000|EOOO|
|Tangible fixed assets|11||11|
|Current assets||316|2,029|
|Creditors less than 1year|(284)||(284)|
|Net Assets|1,440|316|1,756|
##