## Longbenton Youth Project 

Trustees Report and Financial Statements For The Year Ended 31 March 2024 

Charity No. 1041060 



## **Legal and Administrative Information** 

|Name:|**Longbenton Youth Project**||
|---|---|---|
|Reg'd Charity No:|1041060||
|Trustees:|||
||Chair:|Darren Havis|
||Members|Aliesha King|
|||Violet Wilson|
|||Kim Cummings|
|Address:|17-25 Edenbridge Crescent||
||Benton||
||NEWCASTLE UPON TYNE||
||NE12 8EP||
|Bankers:|Barclays Bank||
|Independent|||
|Examiner:|Kevin Lee BA(Hons) MBA ACA|FCCA|
||KL Accountants Ltd||
||Office 64||
||ViewPoint||
||Derwentside Business Centre||
||Consett||
||County Durham||
||DH8 6BN||





## **Trustees' Annual Report** 

The Charities objects are to help young people, especially but not exclusively, through their leisure time activities, so as to develop their physical, mental and spiritual capabilities that they may grow to full maturity as individuals and members of society. This is developed via detached work, group and individual work, project work with the youth worker delivering informal education. This approach has led to a very successful track record and enables the young people to be at the centre of the decision making process. 

## **Activity** 

During the last twelve months Longbenton Youth Project has raised money from grants to continue the crucial work of this voluntary charitable organisation. 

Although it has been a difficult year for Longbenton Youth Project specifically in terms of problems with our accommodation which we have had to vacate aand seek new premises elsewhere, we continue to have an ongoing presence on the streets and communicate with the young people of the estate. 

Further partnership work with the Longbenton Community Centre has been successful bringing together old and young from the estate to meet chat and bond to alleviate problems of anti-social behaviour, loneliness and feelings of isolation. 

We look forward to building our contacts on the estate and support young people in whatever circumstances they may find themselves and enable them to develop the skills, 

## **Trustees’** 

Charity Law requires the Trustees to prepare financial statements for each financial year which comply with the regulations set out in the Charities Act 1993. 

Signed: 

Date 



## **INDEPENDENT EXAMINER'S REPORT** 

## **Longbenton Youth Project** 

|**On accounts for the**||
|---|---|
|**year ended**|**31-Mar-24**|
|**Charity no**|**1041060**|
|**Respective**|The charity's trustees consider that an audit is not required for this year (under section 43(2) of|
|**responsibilities of**|the Charities Act 1993 (the Act)) and that an independent examination is needed.|
|**trustees and**||
|**examiner**||
||It is my responsibility to|
||‘| examine the accounts (under section 43 ofthe Act),|
||‘| follow the procedures laid down in the General Directions given by the Charity<br>Commission|
||(under section 43(7)(b) of the Act), and|
||"| state whether particular matters have come to my attention.|
|**Basis of independent**|My examination was carried out in accordance with General Directions given by the Charity|
|**examiner’s statement**|Commissioners. An examination includes a review of the accounting records kept by the charity|
||and a comparison of the accounts presented with those records. It also includes consideration of|
||any unusual items or disclosures in the accounts, and seeking explanations from the trustees|
||concerning any such matters. The procedures undertaken do not provide    all the evidence that|
||would be required in an audit, and consequently I do not express an audit opinion on the|
||accounts.|
|**Independent**|In the course of my examination, no matter has come to my attention:|
|**examiner's statement**||
||1. which gives me reasonable cause to believe that in, any material respect, the trustees have not|
||(| proper accounting records are kept (in accordance with section 41 ofthe Act); and|
||‘| accounts are prepared which agree with the accounting records and comply with the|
||accounting requirements of the Act; or|
||2.  to which, in my opinion, attention should be drawn in order to enable a proper understanding|
||of the accounts to be reached.|
|**Signed:**||
|**Date:**|21 January 2025|
|**Name:**|Kevin Lee BA(Hons) MBA ACA FCCA|
|**Address:**|KL Accountants Ltd|
||Office 64|
||ViewPoint|
||Derwentside Business Centre|
||Consett|
||County Durham|
||DH8 6BN|





## **Longbenton Youth Project Statement of Financial Activities for the year ended 31 March 2024** 

|||**Unrestricted**|**Restricted**|**Total**|<br>**Total**|
|---|---|---|---|---|---|
|||**Funds**|**Funds**|**Funds**|**Funds**|
|**Receipts**||**2024**|**2024**|**2024**|**2023**|
|Grants|4|16480|15000|31480|26900|
|HMRC Job Retention Scheme||||0|0|
|Bank Interest||1||1|1|
|**Total Receipts**||**16481**|**15000**|**31481**|**26901**|
|**Payments**||||||
|Salaries|2|22775|1668|24443|51416|
|Activity Costs||400||400|800|
|Repairs & Renewals||||0|0|
|Rent||300||300|2000|
|Motor Expense||366||366|108|
|Bank Charges||111||111|119|
|Travel & Entertainment||||0|0|
|Telephone & Internet||||0|0|
|Post, Stationery & IT||||0|0|
|Accountancy|3|746||746|1328|
|**Total Payments**||**24698**|**1668**|**26366**|**55771**|
|Surplus / deficit for the year||-8217|13332|5115|-28870|
|Funds at 1 April 2023||16879|4376|21255|50125|
|**Funds at 31 March 2024**||**8662**|**17708**|**26370**|**21255**|
|||||||





## **Longbenton Youth Project Balance Sheet as at 31 March 2024** 

|**2024**<br>£<br>**Notes**<br>**Current Assets**<br>Cash at Bank & in Hand<br>26370<br>Debtor<br>0<br>**Total Cash Balances**<br>**26370**<br>**Current Liabilities**<br>**Net Current Assets**<br>26370<br>**Net Assets at 31 March 2024**<br>**26370**<br>**Represented By:**<br>Restricted Funds<br>17708<br>Unrestricted Funds<br>8662<br>**26370**<br>Signed …………….………………………Position ………<br>Signed …………….………………………Position ………<br>Date ……………………………………….|**2023**<br>£<br>21255<br>0<br>**21255**<br>21255<br>**21255**<br>4376<br>16879<br>**21255**<br>…………….<br>…………….|
|---|---|





## **Longbenton Youth Project** 

## **Notes to the accounts, 2024** 

## **1. Basis of accounts** 

The financial statements have been prepared in accordance with 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) – Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006 

Longbenton Youth Project meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). 

## **2 Trustees and Staff** 

Total Staff Costs for the year: 

Salaries **24443** 

## **3 Costs of financial services** 

## **The cost for the Independent Examination for the financial period will be £120.** 

## **4 Grants Received** 

## **Unrestricted grants:** 

|**Unrestricted grants:**|||||
|---|---|---|---|---|
|T Ballinger|**16480**||||
|**Restricted grants :**|||||
|Children In Need|**15000**||||
|**Total Grants**|**31480**||||
||**Balance at**|||**Balance at**|
||**March 2023**|**Income**|**Expenditure**|**March 2024**|
|Awards for All|4376|0|0|4376|
|Children In Need|0|15000|1668|13332|
|**Total Restricted Funds c/fwd to 2024-25**|**4376**|**15000**|**1668**|**17708**|