Charity Number: 1044254
C(YriYm1 £41 (Tr1
gbbl
Southwick Iyeighbourhood Youth Project
Unaudited Financial Statements
for the year ended 31 March 2024

Southwick Neigbbourhood Youth Project
Contents
Page No.
Legal and Administration Details
Trustees, Report
Independent Examiner's Report to the Committee
Unaudited Statement of Financial Activities
Unaudited Balance Sheet
Unaudited Statement of Cash Flows
9-15
Notes to the Unaudited Financial Statements

Southwick Neighbourhood Youth Projeet
Legal and Administration Details
Charity Number: 1044254
Trusttts
C. Roper
C. Williams
A. Russell- Resigned 3110312023
S. Kaur
S. Callaghan- Resigned 3110312024
H. LoLTdiDe- Resigned 3110312024
T Middleton- Resigned 0111212023
J Robertson
Address
271 Southwick Road
Southwick
Sunderland
SR5 2AB
ChY4irperson
C. Willialns
Secretary
S. Kaur
Treasurer
A. Russell- Resigned 3110312024
J Robertson
Independent Exanjiners
Torgersens
East Suite. Ground Floor
Avalon House
St Catherine's Court
Sunderland
SR5 3XJ
Bankers
Barclays Bank UK PIC
53 Fawcett Street
Sunderland
SRI IRS
Solicitors
Ben Hoare Bell
47 John Street
Sunderland
SRI IQU
Page: I

Southwick Neighbollrhood Youth Project
Trustees, Report
for the year ended 31 Mareh 2024
Constitution
The charity Southwick Neighbourhood Youth Project (SNYP) is incorporated under a Constitution which sets out the
objectives ond purposes of the Charity. The fmancial statements comply with current statutory requirements and the
requirements of the Constitution.
General Information and Objectives
SNYP. which has been a registered charity since 1995. is a long Tunning project set up to work with 8 - 25 year olds in
order to alleviate the social consequences of poverty in this extremely deprived area of Sunderland.
We aim to encourage self-help and provide infonnation and support so that the young people gain confidence and skills
that enable them to live more fulfilled lives. Each year SNYP deals with approxirnately 500 individual young people
within the building and via the detached WO￿ we undertake.
The work the charity undertakes in response to the identified needs of the young peopl¢ is delivered in an infomal
atmosphere where each pcrson is treated equally. with respect and as an individual.
We offer a wide Progtallllne of activities and youth work sessions for young people who want access to safe spaces and
supportive adults, within these sessions issues can be discussed openly and more in depth for those aged I1- 18 years.
We provided junLOT sessions for 8 - 1 l year olds at which they can make n¢w friends, famKliarise themselves with the
project and workers, develop their creativity and skills of social interaction in a safe enviTOllment whi15t addressing issues
such as bullying and safety at home and in society in general.
In respect of our employmenLleducation and training support, each young person is offered an individual programme of
guidance and support to enhance their opportunities for future success and development.
The
roject also offers a free contraceptive programme for young people aged 14 years and above who register with the C-
Car
eme operated by the NHS and Sunderland City Council.
Throughout the year we aim to widen young peoples, horizons, which provides them with essential social education by
organislng trips, outings and activities outside of their familiar area, Young people are encouraged to take an active part in
planning and evaluating these events, encouraging them to have confidence in themselves, and acknowledge their ability to
change their own environment.
In all our work the project strives to remain independent and be able to work with young people without imposing any
agenda set by other adults or political strategie5. In short, we are a project belonging to the young people, thereby fostering
a sense of ownership and self-worth.
A lasting legacy of the work we undertook during the COVID-19 pandemic is that we expanded our services to include
support to the wider community that the young people belong to. We now offer family 5UPPOrt such a5 food bank acces
benefits advice and employment support. We host solne activities for younger and older members of the community too,
including toddler groups and social events for older residents.
Public Benefit Statement
The trustees have had regard to the Charty Commission guidance on their legal duty on public benefrt, and are satisfied
that the charity delivers public benefit, and due regard is paid to the guidallce on public benefit when deciding on what new
projects the charity should undertake.
Review of Activitie5
Our main funders over the last year include the Sunderland All Together Consortium, Sunderland City Council. BBC
children in Need, rhe Youth tnvestment Fund and the Community Foundation of Tyne and Wear, alongside other smaller
but equally iMporL￿t funders who support the work and ideology of the tharity.
On behalf of the young people, the trustees would like to express their thanks to all donors for their generosity and
acknowledge that without this 5UPPOrt the project could Dot continue to serve their identified needs. Thank you.
We measure the success of our work through the difference we make and the changes we see in the young people. Their
individual outcomes are Varie￿ as is their journey with the project.
Over the course of the last year we have continued to broaden the work we do to encompass the wider community and their
identified needs. we have offered this additional support alongside our youth work programme, blending the two together
and adapting to the realization that by offering support to a wider group, the young people will ultimately benefit and their
lives be improved.
We meet our charitable objectives through all of the work we undertake at the project, each activity has meaningful and
measurable outcomes. We Strive to have the voice of young people at each level of our operation, en5wing that they are
leading and guiding the work we do on their behalf.
Page: 2

Southwick Neighbourhood Youth Project
Trustees, Report
for the year ended 31 Marcb 2024
Organisational Structure
The charity is managed by a committee elected at the AGM each year anl subject to terniination of office by resignation or
otherwise, shall remain in office until tbeir successors are elected at the next AGM following their election. The committee
shall have the power to fill any vacancy that may occur. The retiring member of the committee shall be eligible for re-
election. To r¢cruit and appoint new Irustees we advertise through our networks including the Voluntary and Community
Sector Network in Sunderland and the Sunderland All Together Consortium. We have infonnation displayed in the project
for young people aged 18+ and parents who are interested too. Many of our trustee positions are often iaken up by former
employees, students aDd volunteers who want to continue their involvement in the project beyond the￿ employment or
work placements.
The St￿ctUre of the charity is set up so that the day to day running of the organisation falls to the youth and community
work coordinator and the strategic development worker, responsible for thndr&ising? governance. managing and supervising
staff. students and volunteers, enabling delivery of youth services and activities, reporting to stakeholders and networking.
The ftnanagement committee (trustees) oversee the work and receive quarterly reports. They are responsible for any major
changes to the organisation and are legally responsible for the charity.
Decisions about day-to-day managem¢nt of the projed ar¢ made by the youth and community coordinator and the youth
careers worker, this incjudes examples such as setting budgets for activities, opening and closing time4 agreeing
programmes of worL management and rlsk assessment. Decisions made by the trustees include deciding what new areas to
fundraise for, decisions about recruitment of new staff, setting priorities, setting pay scales. All decisions ￿e iDforn)ed by
the people we serve, their thoughts, ideas and needs guide the work.
The management committee consists of 8 trustees elected at the AGM. Additional members can be co-opled at the
discretion of the committee, for their expertise in relatlOD to the charity's objectives. Co-opted members shall be non-
voting members.
Reserves Poliey
Due to the diversity of funding avenues and the short ternilannual natyre of many grants, the charity will aim to maintain
minimum free reserves of £25,000 to a maximum of twelve months expenditure in order to ensure the continuity of the
project.
The level of reserve believed necessary by the trustees is dictated by the annual core costs of maintaining basic youth
provision in line with the Constitution, together with a percentsge to ￿t as a bridge between one funding source ending and
another beginning in respect of any of the additional development work the projecl currently undertakes.
The trustees will review and monitor the reserve annualty to ensure that the amount is realistic and maintained at th¢
appropriate level in relation to the previous years expenditure.
Additional monies Ca￿led forward from one fmancial year to another will be general reserves,
Risk Review
The trustees have assessed the major risks to which the charity is expose¢ in particular those related io the operations and
fmances of the charity and are satisfied that systems are in place to mitigate our exposure to the major risks.
Plans for future periods
The charity aims to continue to serve the young people of Southwick, ensuring they guide the work undertaken. Plans for
the coming year include regeneration of a disused multi use games are4 to bring it back into use for the benefit of young
people. The r¢generation of the land at Church Street is ongoing. We now have a long lease from the city council so can
begin work to upgrade and improve the facility Cor young people.
Page: 3

Southwick Neighbourhood Youth Project
Trustees, Report
for the year ended 31 March 2024
Statements of Trustee?s Re5ponsibilitie5 for the Financial Statements
The trustees are resFK)nsible for preparing ihe Tn]stee5' Report and the financial statements in accordance with applicable
law and United Kingdom Accountlllg Standards. The law applicable to charities in England and Wale5 requires the trustees
to prepare fmancial statements for each financial year which give a true and fair view of the state of affairs of the charity
and of the incoming Tesources and application of r¢sourccs of th¢ charity for that period. In preparing these fmancial
statements, the trustees are required to."
select suitable accounting policies and then apply them consistently.
observe th¢ methods and principles of the Charities SORP.
make judgements and estimates that are reasonable and pnmlent;
state whether applicable accounting standards have been followe¢ subject to any departures disclosed and explained
in the flllancial statements. and.
prepare the fmancial statements on the going concern basis unless it is inappropriate to presume that the project will
continue in business.
The trustees are responsible for keepÉng accounting records which disclose with reasonable accuracy the fu￿ncial position
of the charity and enable them to ascertain to ensure that the fllwicial statements comply with the Charities Act 2011, the
Charity (Accounts and Reports) Regulations 2019 and the provisions of th¢ trust deed. They are also responsible for
safeguarding the assets of the charity and hence for taking reasonable steps for the Prevention and detection of fraud and
other irregularitRes.
Signed on behalf of the Trnstees..
John Robertson
Trustee
Date:
24 ￿lw .¥ 2s8Q
Page: 4

Independent Examiner's Report to the
Committee of
Southwick Neighbourhood Youth Projeet
year ended 31 March 2024
I report to the committee on my examination of the financial statements of Southwick Neighbourhood Youth Project for the
year ended 31 March 2024.
Responsibilities and basi5 of report
As the committee of the charity you are responsible for the preparation of the fmancial Statements in accordance with the
requirements of the Charities Act 2011 ('the Act,).
I report in r¢spect of my examination of the charity's f￿anCIal slatements catTied out under section 145 of the 2011 Act and
in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under
section 145(5Xb) of the Act.
Independent examiner's statement
Since your charity's ￿0$S income exceeded £250,000 your examiner must be a member of a listed body. I ¢an confinn that
l am qualified to undertake the examination because I am & regisfrred member of ICAEW which is one of the listed bixlies.
I have completed my examination. I confTh that no material matters have come to my attention in connection with the
exaznination giving me cause to believe that in any material respect:
accounting records were not kept in Tespect of the charity as required by section 130 of the A¢¢ or
the financial ststements do not accord with those records" or
the f￿ancIal statements do not comply with the applicable requirements concerning the fomy and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the
a￿OUnts give a 'true and faiT' view which is not a Matter considered as part of an independent examination.
I have no concern5 and have come across no other matters in connection with the examffination to which attention should be
drawn in this report in order to enable a PTopeT understanding of the accounts to be reached.
Alison Henshaw FCCA
Torgersens
Chartered Accountants
East Suite, Ground Floor
Avalon House
St Catherine's Court
Sunderland
SR5 3XJ
Date: Z710113 5
Page: 5

Southwick Neighbourhood Youth Project
Unaudited Statement of Financial Activities
for the year ended 31 March 2024
Unrestricted
Funds
Restricted
Funds
Total Funds
2024
Total Funds
2023
Note
Incom ing Resource5
Charitable activitie5
Other trading activities
Income frojn investments
116,422
2,352
1.082
251,558
367,980
2,352
1,082
362,810
10,344
205
12
Total Incoming Resources
119856
251558
371414
373 359
Resources Expended
Expenditure on charitable activities
Other expenditure
132,728
2,736
157,933
290,661
2,736
446,881
3,567
Total Resources Expended
157 933
293 397
450 448
Net (Expenditure) I Income
(15,608)
78,017
(77,089)
Transfer Between Funds
93,625
(93,625)
Net Movement on Funds
78,017
78,017
(77,089)
Fund Balances Brought Forward at 01.04.23
684,186
684,186
761,275
Fund Balances Carried Forward at 31.03.24
The notes on pages 9 to 14 forni part of the unaudited f￿ancial statements
Page: 6

Southwick Neighbourhood Youth Project
Unaudited Balanee Sheet
as at 31 March 2024
2024
2023
Not
Fixed Assets
701,684
620,430
Current Assets
Debtors and prepayments
Main account
Fund raising and other associated accounts
Pety cash
665
1,605
64,080
30
678
4,010
64,973
30
Creditors:
Amounts falling due within one year
Net Current Assets
60,519
63,756
Net Assets
Financed by
Restricted ￿ndS
Unrestricted fvnds
10
io
762,203
684,186
Approved by the Trustees on
260125
Trustee
Trustee
The notes on pages 9 to 14 forni part of the unaudited financia] staternents
Page.. 7

Soutbwick Neighbourbood Youth Project
Unaudited Statement of Cash Flows
as at 31 March 2024
21124
2023
Cash Flow from Operating Activities
Net (Expenditure) I Income
78,017
(77,089)
Adjwlmentsfor..
Depreciation of Tangible Fixed Assets
Other Interest Receivable and Similar Income
16,387
(1,082)
14,267
(205)
Changas In..
Trade and Other Debtors
Trade and Other Creditors
13
(74)
229
771
Cash Generated from Operations
93,261
(62,027)
Interest Received
1.082
205
Net Cash from Operating Activities
94,343
61
Cash Flows from Investing Aetivities
Purchase of Tangible Assets
(97,641)
(2,865)
Net Cash Used in Investing Activities
Cash Flows from Financing Activities
Proceeds from Borrowings
Net Cash Used in Financing Activities
Net Increasel(Decre8se) in Cash and Cash Equivalents
(3,298)
(64,687)
Cash and Cash Equivalents at Beginning of Year
69,013
133,700
Cash and Casb Equivalents at End of Year
The notes on pages 9 to 14 foTm part of the unaudited financial statements
Page.. 8

Southivick Neigbbourhood Youth Project
Notes to the Unaudited Financial Statements
for the year ended 31 March 2024
Aeeounting Pollcies
Basis of Aeeounting
These unaudited financial statements have been prepared under the historical cost convention and in
accordance with:
the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their
accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic
of Ireland (FRS 102) issued in October 2019 (SORP 2019)
the Financial Reporting Standard applithle in the UK and Republic of Ireland {FRS 102)
th¢ Charities Act 2011.
The unaudited financial statements are prepared in sterlin& which is the funrtional cutrency of the charity.
Monetary amounts in these unaudited f￿ancial statements are rounded to the nearest £.
Going Concern
li)
There are no material uncertainties about the chwity's ability to continue.
Income from investments
Bank interest is included in the Statement of Financial Activilies on receipt.
Grants reeeivable
Grants received are credited to income in the period in which the charity becomes entitled to the income
and the amount can be quantified with reasonable a¢curacy. Grants, where enlitlemenl is not conditional on
the delivery of a specific perforn)ance by the charity, ar¢ recognised when the Charity becomes
unconditionally entitled to the grant.
Donations
In¢ome from donations and loca] fundraising is included in income when receivable.
Fund Accounting
Funds held by the charity are either:
Unrestricted general funds - th¢se are fun(L8 which can be used in accordance with the charitable objects at
the discretion of the trustees.
Designated ￿ndS - these are set aside by the trustees Out of unrestricted general funds for specific futu
purposes or projects.
Restricted funds - these are funds that can only be used for particular restricted pU￿oSeS within the objects
of the charity. Restrictions arise when specified by the donor or when funds are raised for particular
restricted purposes.
Further explanation of the nature and purposes of each fund is included in the notes to the financial
statements.
Expenditure
All expenditure, other than that which has been ￿pItalISed is included in the Statement of Financial
Activities. The value of purchase invoices r¢¢eiv¢d before the year end but not paid until after the year end
has also been included in the Statement of Financial Activities. Expenditure includes any VAT which
cannot be fully recovere￿ and is reported as part of the expenditure to wbich it relates.
Page.. 9

Soutbwick Neighbourhood Youth Project
Notes to the Unaudited Financial Statements
for the year ended 31 March 2024
Aecountillg Policies (eontinued)
Depreciation
tkpreciation is calculated to WTite off the cost or valuation. less estimated residuaL values, of tangible fjxed
assets over their estimated useful liv¢s. Tbe annual depreciation rates and methods are as follows:
Buildings
Computer equipT¥]ent
Fixtures and fittings
- 20/0 straight line
- 20- 33 113 /D Strdight line
20010 straight line
Charitable Aetivltles
Unrestricted
funds
Restricted TotAI funds
funds
2024
Totsl funds
2023
National Lottery
Stre¢tgames UK
Community Foundation
Sunderland CC- Food bank support/assistance
Sunderland CC- Positive Steps
Sunderland CC- Raising Aspirations
Sunderland All Together
Community Opportunities
The Julia and Hans Rausing TN5t
Together for Children
Sunderland University
Youth Investment Fund
Spacehive
BBC Children in Need
Blue Watch Youth
Barbour Intemational
9,500
12.746
7,000
273,038
30,000
36,435
5.225
97,790
314
14,849
24,345
35,225
134,225
314
14,849
57,672
33,327
47,938
3,000
9,588
426
426
500
89,400
5,012
19.209
1,148
10.000
500
89,400
5,012
19,209
1,148
10,000
422 3&7 .
The income from donations and leg￿leS foT the charity was £367.980 (2023- £362,810) of which £116,422 (2023:
£90.434) was unrestricted and £251.558 (2023: £272J76) wag trstricted.
Unrestrieted
funds
Restricted Totlll funds
funds
2024
Total fund5
2023
Otber Trading Activitie5
Miscellaneous income
Donations/Fundraising
2,142
210
2.142
210
8.209
2,135
The income from other trading aGtivities for the charity was £2,352 (2023: £10.344) of which £2,352 (2023: £10,344) was
unrestri¢ted and £nil (2023: £nil) was restricted.
Page: 10

Southwick Neighbourhood Youth Project
Notes to the Unaudited Financial Statements
for the year ended 31 March 2024
Charitable A¢tivitie5
Unrestricted
fund5
Restricted
funds
Total
2024
Total
2023
Note
Salaries, Wages and NI
Youih Work
Community Projects
Community Support
Grants paid
Insurance
Cleaning and repairs
Rent and Rates
Heat Light & Water
Sundries
AtTiliations
Telephone
Printing, postsge and stationery
Depreciation
Bank Clwges
81.271
3,084
11,914
80,337
161,608
3,084
11,914
13,067
64,529
2,685
5,696
159,018
15,389
6.407
115,267
120,191
2.387
4,295
1.843
3.813
1,799
436
557
982
14,267
230
13,067
64,529
2,685
5,696
7,697
1,841
428
403
7.697
1,841
428
403
1,115
16,387
207
16,387
207
44
The expenditure on charitable activities for ihe charity was £290,661 (2023.. £446,881) of which £132,728
(2023. £157,421) wa5 unrestricted and £157,933 (2023., £289,460) was restricted.
Other Expenditure- Unrestricted
2024
2023
Accountancy I Independent Examination
Legal and Professional
2,736
3,462
105
Staff Costs and Tru$tees' RemunerAtion
2024
2023
Unrestrieted
funds
Restrieted
funds
Total
2024
Total
2023
Gross wages and salaries
Ernployers National Lnsurance
Pension costs
73,473
5.579
2219
80,337
153,810
5,579
2,219
150,733
5,893
2,392
The average number of employees during ihe year was
The expenditure salari¢5 and 50cial security Costs for th¢ charity was £161.608 (2023.. £159,018) of which £81,271
(2023: £105,016) was unrestricted and £80,337 (2023: £54,￿2) was restricted.
Trustees received no remuneration (2023: £nil) and were not reimbursed for any of their expenses during the year. During
the current year no members of staff received more than £60,000.
The key management personnel of the chaTity compTise the trustees and the project co-ordinator. 18 well as the community
manager. The totsl employee benefits of the key management personnel of the charity were £64,225 {2023.' £73.834).
Grants Paid
Total 2024
Total 2023
Community opportunities
64,529
120,191
12
Page: I I

Southwick Neighbourhood Youth Project
INotes to the Unaudited Financial Statements
for the year ended 31 March 2024
Tangible Fixed Assets
Computer
equipment
Fixtures
and fitting5
Buildings
Totsl
Cost
At l April 2023
Additions
Disposals
657,758
92.069
4,291
5,190
3,333
382
665,382
97,641
At 31 March 2024
749 827
763 023
Depreeiation
At l April 2023
Charge for ihe year
Disposals
39,465
14,997
2,381
1,239
3,106
151
44,952
16.387
At 31 Mar¢h 2024
Net Book Value
At 31 March 2024
695 365
At 31 March 2023
618
22
Creditors: Amounts falling dlle within one year
2024
2023
Taxation and so¢ial security costs
Accruals and Deferred Income
Other Creditors
2,560
2,591
710
2,932
2,325
678
Page: 12

Southivick Neighbourhood Youth Project
Notes to the Unaudited Financial Statements
for the year ended 31 March 2024
io
Movement on Funds
Restricted funds
2023
Funds
Blfwd
2024
Funds
Clfwd
Income
Expenditure
Transfers
BBC ChildTen in Need
Community Foundation
Sunderland All Together
Together for Children
Sunderland CC - Food bank support /
Assistanc¢
Sunderland CC - Positive Steps
Sunderland CC - Raising Aspirations
Youth Investment Fund
19,209
5,225
24,345
426
(19,209)
(1,000)
(24,345)
(426)
(4.225)
97.790
314
14,849
89,4(K)
(97,790)
(314)
(14,849)
(89,400)
.55
Unrestrieted funds
DesigThated funds
Capital Fund
General Funds
620,430
63,756
(16,387)
(119,077)
97,641
(4,016)
701,684
60,519
119,856
119856
684 18.6 a4
762 203
Purpose of Restricted Funds
BBC Children in Need
Towards delivering youth work activities impacted by poverty and
deprivation
Towards salary costs of a worker and laptops, w¢bsite
development and licences
Sunderland All Together- Southwick supEx)rt Towards holiday and food provisions for Southwick ward.
Together for Children
Towards resources for Pride Event
Sunderland CC- Food bank support
Towards providing household support in partneT5hip with other
organisations to the suffounding community, including fees for
management.
Towards providing various beauty items and stationery.
Towards salary costs of two members of staff for 10 hours per
week.
Towards capital expenditure
Conununity opportl￿1tiCsI Foundation
Sunderland CC - Positive Steps
Sunderland CC- Raising Aspirations
Youth tnvestment Fund
Page: 13

SouthTrvick Neighbourhood Youth Project
Notes to the Unaudited Financial Statements
for the year ended 31 Mareb 2024
io
Movement on Funds
Restricted funds
2022
Funds
Blfwd
2023
FuDds
CIFivd
Ineome
Expenditure
Transfers
Bernicia Foundation
James Knott
Community Opportunitie5
Julia and Han5 Rausing Trust
Sunderland All Together- City Centre
Pilot Project
Sunderland All Together- good vibes
Sunderland All Together- Southwick support
Sunderland CC - North Hylton Youth /
Raising aspirations
Sunderland CC - Household Support and
Management
Sunderland CC - Food bank support I
Assistance
The 1989 Willan Charitable TTUSt
9,167
3,750
(9,167)
(3,750)
(3,000)
(9,588)
3,000
9,588
872
14,542
22,345
(872)
(14,542)
(22,345)
19,529
(19,529)
198,500
(198,500)
4,000
(4,000)
(4,167)
4,167
Unrestricted funds
Designated ￿ndS
Capilal Fund
Generdl Fund5
.631.832
112,359
(14,267)
(146,721)
2,865
(2,865)
620,430
63,756
100,983
161) 9&8.
761
373 359
Purpose of Restricted Funds
Bernicia Foundation
James Knott
Community Opportunities
Julia and Hans Rausing Trust
Towards salary costs of a youth caT¢er5 officer.
Towards salary costs of a youth worker,
Towards salary costs of a worker.
Towards salary costs of two members of staff for 10 hours per
week.
Sunderland All Together- City Centre Pilot Towards delivering the city centre pilot project.
Project
Sunderland All Together- good vjbes
Towards providing community activity sessions.
Sunderland All Together- Southwick support Towards holiday and food provisions for Southwick ward.
Sunderland CC - North Hylton Youth
Towards project costs and activities for young people, as well as
funds to support and provide help to the community.
Towards providing household support in partnership with other
organisations to the surrounding community, including fees for
management.
Towards providing food bank support and a5SiStance.
Sunderland CC - Household support
Sunderland CC - Foodbank support I
Assistance
The 1989 Willan Charitable Trust
Towards salary wsts of an employment worker.
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Southwick Neighbourhood Youth Project
Notes to the Unaudited Financial Statements
for the year ended 31 March 2024
11
Analysi5 of Net Assets between Funds
Restricted
Unrestricted
General
Designated
2024
Total
Fixed assets
N¢t curr¢ut ass¢ts
701,684
701,684
60,519
60,519
701684
Restrleled
Unrestricted
General
Dcsignated
2023
Total
Fixed assets
Net current ass¢ts
620,430
620,430
63,756
63,756
620 430
684 186
Unrestricted
funds
Restricted Total funds
funds
2024
Total funds
2023
12
Income from investments
Bank interest receivable
1,082
1,082
205
The income from inveslments for the charity was £1,082 (2023: £205) of whiGh £1.082 (2023: £205) was unrestrirted and
£nil (2023: £nil) was restricred.
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