CHARITY REGISTRATION NUMBER: 1047550
Blue Watch Youth Centre
Unaudited Financial Statements
31 March 2023
CS ACCOUNTING LIMITED
5 McMillan Close Saltwell Business Park Low Fell Tyne & Wear NE9 5BF
Blue Watch Youth Centre
Financial Statements
Year ended 31 March 2023
| Page | |
|---|---|
| Trustees' annual report | 1 |
| Independent examiner's report to the trustees | 5 |
| Statement of financial activities | 6 |
| Statement of financial position | 7 |
| Statement of cash flows | 8 |
| Notes to the financial statements | 9 |
| The following pages do not form part of the financial statements | |
| Detailed statement of financial activities | 16 |
| Notes to the detailed statement of financial activities | 17 |
Blue Watch Youth Centre
Trustees' Annual Report (continued)
Year ended 31 March 2023
The trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2023.
Reference and administrative details
Registered charity name Blue Watch Youth Centre Charity registration number 1047550 Principal office Burdon Lane Ryhope Sunderland SR2 0HQ
The trustees
Ms B Andrews (Appointed 30 June 2023) Mr B Surtees Ms C Barnes (Appointed 30 June 2023) Mr D Bagley (Retired 30 June 2023) Mr I Lawrence Mr J Cassidy (Retired 30 June 2023) Mr J Lemon Mr P Gibson (Retired 30 June 2023) Independent examiner C Smith CS Accounting Limited 5 McMillan Close Saltwell Business Park Low Fell Tyne & Wear NE9 5BF
Structure, governance and management
The organisation is a registered charity established on 27 June 1995 as the Blue Watch Youth Centre, working name the Blue Watch Youth Project.
The charity was formed under a constitution adopted on 24 May 1995 which listed the objects of the charity.
Under this constitution the trustees are elected at the Annual General Meeting to serve a period of one year subject to ratification at each Annual General Meeting. The trustees were all appointed by Blue Watch.
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Blue Watch Youth Centre
Trustees' Annual Report (continued)
Year ended 31 March 2023
Objectives and Activities
Blue Watch Youth Centre's aims and objectives are to act as a resource for the community living in Sunderland, in particular but not exclusively Sunderland East. It provides safe spaces, guidance, assistance and programmes of physical, educational and other activities as a means of supporting young people to develop:
-
self-esteem and self-confidence
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confidence and an ability to express their own reasoned opinions
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awareness of their own strengths, weaknesses and aptitudes
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awareness of their feelings, attitudes and values of themselves and others’ ability to manage personal and social relationships
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learning opportunities for young people to develop new skills
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the capacity of young people to consider risk, make reasoned decisions and take control
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a 'world view' which widens horizons and invites social commitment
Achievements and performance
Mission
At Blue Watch Youth Centre we:
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welcome all young people
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provide safe spaces for young people
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provide generic, targeted and specialised youth work opportunities which are fun, challenging and educational
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build long-term relationships that inspire young people to develop ambition for learning and work, relevant skills and healthy lifestyles
Vision
Blue Watch Youth Centre's vision is to empower all young people to discover meaning and direction for their lives. It provides safe spaces for all young people to enjoy their lives, reach their full potential and make a good transition to adulthood. All young people should have opportunities to achieve their ambitions, develop positive relationships and make worthwhile contributions to their communities and their own lives.
Summary of the main activities in relation to those purposes for the public benefit
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'Good Vibes' providing children and young people safe spaces and access to fully trained counsellors who are delivering a mix of counselling and therapeutic group support.
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Achieve Skills Knowledge supporting children and young people with special educational needs and disabilities.
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Centre Based, Outreach, Detached, Out of Centre, and Residential Experiences for children and young people aged 8 to 19 years. Enabling children and young people to develop holistically, working with them to facilitate their personal, social, and educational development, to enable them to develop their voice, influence, and place in society and to reach their full potential.
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Make Your Choice recognises that the issue of knife crime and violence in our community is complex with multiple causes. We support the need for services at a local, regional, and national level to work together. We are supporting the creation of long-term solutions and social change to serious violence. When we ask young people what is the one thing that
helps them to feel safe, the answer provided most is 'when I am in Blue Watch.' In response to this we invest in our youth workers and programmes for young people so they have safe spaces to go, and have trusted adults to talk to.
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Blue Watch Youth Centre
Trustees' Annual Report (continued)
Year ended 31 March 2023
-
Peer Mentors are our young people who support their peers by providing guidance and support, serving as positive role models. They are part of a resourced peer mentoring project. Peer mentors receive support and training to develop skills to help them listen and support their fellow peers.
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Volunteering opportunities engage young people at all levels of achievement, from high achievers to those who are on the margins of society. Some of our young volunteers provide powerful personal stories about how volunteering has helped them turn their lives around, while for others volunteering acts as a catalyst to re-engage with learning.
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'Freedom Wheels' special needs and disability cycle project.
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'Support for Care Leavers' mentors supporting individual young people with their resilience, helping to equip them with skills to make better life decisions and to be able to deal with whatever life throws at them.
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'Equality and Inclusion' providing young people opportunities to have their voice heard to influence decisions that affect their community.
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'Social networks' once posted - always posted.
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Health including C-Card and Chlamydia screening, smoking and vaping cessation, and substance misuse.
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'Holiday Activity Food' and 'Fancy a Day Out' providing healthy food and fun activities to children and young people, with free places available for those on free school meals.
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'Family Conflict Mediation' resolving conflict between young people, their families, and carers.
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'Doorstep Sports' innovative sporting offer that bypasses many of the traditional barriers to activity amongst young people in poverty.
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'NEET' opportunities to access work placements and schoolwork experience.
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'East Rangers Environmental Project.'
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'Go Online' supporting older people to become digitally connected.
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'Household Support' helping vulnerable families across the East of Sunderland.
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'Social Inclusion' reconnecting those who are socially isolated or lonely to positive safe spaces including people and activities locality based. We remain an active member of the Sunderland All Together Consortium, working together with other youth organisations based in Sunderland to source greater resources for children and young people in Sunderland. We continue to support voluntary groups in our area as they provide additional positive opportunities to our children and young people which in turn help us meet an ever increasing demand for our services. Some of the support we have provided includes safeguarding and first aid training, governance advice, assistance with small grant applications and monitoring, evaluation, and returns.
Financial review
Results
It has been another successful year for the charity and the trustees are pleased with the current state of the charity's finances.
The net incoming resources for the year amounted to £51,548 of which £49,747 are restricted funds and £1801 attributable to the reserves fund. Balance carried forward £332,299.
Reserves Policy
The trustees have established a policy whereby the unrestricted funds, not committed or invested in fixed assets, held by the charity should be transferred to the reserves fund. The trustees feel they would be able to continue the current activities in the event of a significant drop in funding. It would obviously be necessary to consider how the funding could be replaced or activities changed.
- 3 -
Blue Watch Youth Centre
Trustees' Annual Report (continued)
Year ended 31 March 2023
Investment Policy
The trustees have the power to invest any funds not immediately required for its objectives to obtain maximum profitability.
Risk Review
The trustees have reviewed the major risks to which the charity is exposed and continue to monitor the arrangements and systems in place to mitigate those risks.
The trustees' annual report was approved on 30 November 2023 and signed on behalf of the board of trustees by:
Mr B Surtees Trustee
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Blue Watch Youth Centre
Independent Examiner's Report to the Trustees of Blue Watch Youth Centre
Year ended 31 March 2023
I report to the trustees on my examination of the financial statements of Blue Watch Youth Centre ('the charity') for the year ended 31 March 2023.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity's financial statements carried 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(5)(b) of the Act.
Independent examiner's statement
Since your charity’s gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of the Association of International Accountants which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the financial statements do not accord with those records; or
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the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
C Smith
CS Accounting Limited Independent Examiner
5 McMillan Close Saltwell Business Park Low Fell Tyne & Wear NE9 5BF
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Blue Watch Youth Centre
Statement of Financial Activities
Year ended 31 March 2023
| Year ended 31 March 2023 | |||||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Unrestricted | Restricted | ||||
| funds | funds | Total funds | Total funds | ||
| Note | £ |
£ | £ | £ | |
| Income and endowments | |||||
| Donations and legacies | 4 | 7,793 |
271,324 | 279,117 | 236,720 |
| Investment income | 5 | 218 |
– | 218 | 28 |
| ------------------------- | ----------------------------------- | ----------------------------------- | ----------------------------------- | ||
| Total income | 8,011 | 271,324 | 279,335 | 236,748 | |
| ========================= | =================================== | =================================== | =================================== | ||
| Expenditure | |||||
| Expenditure on charitable activities | 6,7 |
6,210 |
221,577 | 227,787 | 191,811 |
| ------------------------- | ----------------------------------- | ----------------------------------- | ----------------------------------- | ||
| Total expenditure | 6,210 | 221,577 | 227,787 | 191,811 | |
| ========================= | =================================== | =================================== | =================================== | ||
| ------------------------- | ----------------------------------- | ----------------------------------- | ----------------------------------- | ||
| Net income and net movement in funds | 1,801 | 49,747 | 51,548 | 44,937 | |
| ========================= | =================================== | =================================== | =================================== | ||
| Reconciliation of funds | |||||
| Total funds brought forward | 35,485 | 245,266 | 280,751 | 235,814 | |
| ------------------------------ | ----------------------------------- | ----------------------------------- | ----------------------------------- | ||
| Total funds carried forward | 37,286 | 295,013 | 332,299 | 280,751 | |
| ============================== | =================================== | =================================== | =================================== |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 9 to 14 form part of these financial statements.
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Blue Watch Youth Centre
Statement of Financial Position
31 March 2023
| 31 March 2023 | ||||
|---|---|---|---|---|
| 2023 | 2022 | |||
| Note | £ | £ | £ | |
| Current assets | ||||
| Debtors | 11 | – | 1,495 | |
| Cash at bank and in hand | 415,368 | 367,643 | ||
| ----------------------------------- | ----------------------------------- | |||
| 415,368 | 369,138 | |||
| Creditors: amounts falling due within one year | 12 | 83,069 | 88,387 | |
| ----------------------------------- | ----------------------------------- | |||
| Net current assets | 332,299 | 280,751 | ||
| ----------------------------------- | ----------------------------------- | |||
| Total assets less current liabilities | 332,299 | 280,751 | ||
| ----------------------------------- | ----------------------------------- | |||
| Net assets | 332,299 | 280,751 | ||
| =================================== | =================================== | |||
| Funds of the charity | ||||
| Restricted funds | 295,013 | 245,266 | ||
| Unrestricted funds | 37,286 | 35,485 | ||
| ----------------------------------- | ----------------------------------- | |||
| Total charity funds | 15 | 332,299 | 280,751 | |
| =================================== | =================================== |
These financial statements were approved by the board of trustees and authorised for issue on 30 November 2023, and are signed on behalf of the board by:
Mr B Surtees Trustee
The notes on pages 9 to 14 form part of these financial statements.
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Blue Watch Youth Centre
Statement of Cash Flows
Year ended 31 March 2023
| Year ended 31 March 2023 | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Cash flows from operating activities | ||
| Net income | 51,548 | 44,937 |
| Adjustments for: | ||
| Government grant income | (33,202) | – |
| Other interest receivable and similar income | (218) | (28) |
| Accrued (income)/expenses | (1,883) | 1,883 |
| Changes in: | ||
| Trade and other debtors | 1,495 | – |
| Trade and other creditors | (3,435) | 82,043 |
| ------------------------------ | ----------------------------------- | |
| Cash generated from operations | 14,304 | 128,835 |
| Interest received | 218 | 28 |
| ------------------------------ | ----------------------------------- | |
| Net cash from operating activities | 14,522 | 128,863 |
| ============================== | =================================== | |
| Cash flows from financing activities | ||
| Government grant income | 33,202 | – |
| ------------------------------ | ----------------------------------- | |
| Net cash from financing activities | 33,202 | – |
| ============================== | =================================== | |
| Net increase in cash and cash equivalents | 47,725 | 128,863 |
| Cash and cash equivalents at beginning of year | 367,643 | 294,413 |
| ----------------------------------- | ----------------------------------- | |
| Cash and cash equivalents at end of year | 415,368 | 423,276 |
| =================================== | =================================== |
The notes on pages 9 to 14 form part of these financial statements.
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Blue Watch Youth Centre
Notes to the Financial Statements (continued)
Year ended 31 March 2023
3. Accounting policies (continued)
Government grants (continued)
1. General information
The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is Burdon Lane, Ryhope, Sunderland, SR2 0HQ.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Charities Act 2011.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
- income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
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Blue Watch Youth Centre
Notes to the Financial Statements (continued)
Year ended 31 March 2023
3. Accounting policies (continued)
Government grants (continued)
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legacy income is recognised when receipt is probable and entitlement is established.
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income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
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income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
-
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
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other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the charity will comply with the conditions attaching to them and the grants will be received.
Where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.
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Blue Watch Youth Centre
Notes to the Financial Statements (continued)
Year ended 31 March 2023
3. Accounting policies (continued)
Government grants (continued)
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
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Blue Watch Youth Centre
Notes to the Financial Statements (continued)
Year ended 31 March 2023
15. Analysis of charitable funds (continued)
4. Donations and legacies
| Unrestricted | Restricted | Total Funds | ||
|---|---|---|---|---|
| Funds | Funds | 2023 | ||
| £ | £ | £ | ||
| Donations | ||||
| Donations | 2,099 | – | 2,099 | |
| Grants | ||||
| Grants and subsidies | 5,694 | 198,322 | 204,016 | |
| COVID Grants | – | – | – | |
| Household support and cost of living | – | 39,800 | 39,800 | |
| Government grant income | – | 33,202 | 33,202 | |
| ------------------------- | ----------------------------------- | ----------------------------------- | ||
| 7,793 | 271,324 | 279,117 | ||
| ========================= | =================================== | =================================== | ||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2022 | ||
| £ | £ | £ | ||
| Donations | ||||
| Donations | 808 | – | 808 | |
| Grants | ||||
| Grants and subsidies | – | 221,935 | 221,935 | |
| COVID Grants | – | 13,977 | 13,977 | |
| Household support and cost of living | – | – | – | |
| Government grant income | – | – | – | |
| --------------- | ----------------------------------- | ----------------------------------- | ||
| 808 | 235,912 | 236,720 | ||
| =============== | =================================== | =================================== | ||
| Investment income | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2023 | Funds | 2022 | |
| £ | £ | £ | £ | |
| Bank interest receivable | 218 | 218 | 28 | 28 |
| =============== | =============== | =============== | =============== | |
| Expenditure on charitable activities by fund type | ||||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2023 | ||
| £ | £ | £ | ||
| Direct costs | 313 | 65,752 | 66,064 | |
| Support costs | 5,897 | 155,825 | 161,723 | |
| ------------------------- | ----------------------------------- | ----------------------------------- | ||
| 6,210 | 221,577 | 227,787 | ||
| ========================= | =================================== | =================================== | ||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2022 | ||
| £ | £ | £ | ||
| Direct costs | 319 | 43,221 | 43,540 | |
| Support costs | 13,108 | 135,163 | 148,271 | |
| ------------------------------ | ----------------------------------- | ----------------------------------- |
5. Investment income
6. Expenditure on charitable activities by fund type
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Blue Watch Youth Centre
Notes to the Financial Statements (continued)
Year ended 31 March 2023
15. Analysis of charitable funds (continued)
| 13,427 | 178,384 | 191,811 | ||
|---|---|---|---|---|
| ============================== | =================================== | =================================== | ||
| Expenditure on charitable activities by activity type | ||||
| Activities | ||||
| undertaken | Support | Total funds | Total fund | |
| directly | costs | 2023 | 2022 | |
| £ | £ | £ | £ | |
| Charitable activities | 66,064 | 161,723 | 227,787 | 191,811 |
| ============================== | =================================== | =================================== | =================================== | |
| Independent examination fees | ||||
| 2023 | 2022 | |||
| £ | £ | |||
| Fees payable to the independent | examiner for: | |||
| Independent examination of the financial statements | 2,000 | 2000 | ||
| ========================= | =============== |
7. Expenditure on charitable activities by activity type
8. Independent examination fees
9. Staff costs
The average head count of employees during the year was 9 (2022: 6).
No employee received employee benefits of more than £60,000 during the year (2022: Nil).
10. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
11. Debtors
| Debtors | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Other debtors | – | 1,495 |
| =============== | ========================= | |
| Creditors: amounts falling due within one year | ||
| 2023 | 2022 | |
| £ | £ | |
| Accruals and deferred income | 78,218 | 83,328 |
| Social security and other taxes | 2,606 | 2,956 |
| Pension | 130 | 131 |
| Other creditors | 2,115 | 1,972 |
| ------------------------------ | ------------------------------ | |
| 83,069 | 88,387 | |
| ============================== | ============================== | |
| Deferred income | ||
| 2023 | 2022 | |
| £ | £ | |
| At 1 April 2022 | 79,445 | – |
| Amount released to income | (79,445) | (55,633) |
| Amount deferred in year | 76,218 | 135,078 |
| ------------------------------ | ----------------------------------- |
12. Creditors: amounts falling due within one year
13. Deferred income
- 13 -
Blue Watch Youth Centre
Notes to the Financial Statements (continued)
Year ended 31 March 2023
15. Analysis of charitable funds (continued) At 31 March 2023
76,218 79,445
14. Government grants
The amounts recognised in the financial statements for government grants are as follows:
2023 2022 £ £ Recognised in income from donations and legacies: Government grants income 33,202 – ============================== ===============
15. Analysis of charitable funds
Unrestricted funds
| At | |||||
|---|---|---|---|---|---|
| At | 31 March 20 | ||||
| 1 April 2022 | Income | Expenditure | 23 | ||
| £ | £ | £ | £ | ||
| Unrestricted Funds | 35,485 | 8,011 | (6,210) | 37,286 |
|
| ============================== | ========================= | ========================= | ============================== | ||
| At | |||||
| At | 31 March 20 | ||||
| 1 April 2021 | Income | Expenditure | 22 | ||
| £ | £ | £ | £ | ||
| Unrestricted Funds | 48,076 | 836 | (13,427) | 35,485 |
|
| ============================== | =============== | ============================== | ============================== | ||
| Restricted funds | |||||
| At | |||||
| At | 31 March 20 | ||||
| 1 April 2022 | Income | Expenditure | 23 | ||
| £ | £ | £ | £ | ||
| Restricted Funds | 245,266 | 271,324 | (221,577) | 295,013 |
|
| =================================== | =================================== | =================================== | =================================== | ||
| At | |||||
| At | 31 March 20 | ||||
| 1 April 2021 | Income | Expenditure | 22 | ||
| £ | £ | £ | £ | ||
| Restricted Funds | 187,738 | 235,912 | (178,384) | 245,266 |
|
| =================================== | =================================== | =================================== | =================================== | ||
| 16. | Analysis of changes in net debt | ||||
| At | At | ||||
| 1 Apr 2022 | Cash flows | 31 Mar 2023 | |||
| £ | £ | £ | |||
| Cash at bank and in hand | 367,643 | 47,724 | 415,367 | ||
| =================================== | ============================== | =================================== |
- 14 -
Blue Watch Youth Centre
Management Information
Year ended 31 March 2023
The following pages do not form part of the financial statements.
- 15 -
Blue Watch Youth Centre
Detailed Statement of Financial Activities
Year ended 31 March 2023
| Year ended 31 March 2023 | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Income and endowments | ||
| Donations and legacies | ||
| Donations | 2,099 | 808 |
| Grants and subsidies | 204,016 | 221,935 |
| COVID Grants | – | 13,977 |
| Household support and cost of living | 39,800 | – |
| Government grant income | 33,202 | – |
| ----------------------------------- | ----------------------------------- | |
| 279,117 | 236,720 | |
| ----------------------------------- | ----------------------------------- | |
| Investment income | ||
| Bank interest receivable | 218 | 28 |
| --------------- | --------------- | |
| ----------------------------------- | ----------------------------------- | |
| Total income | 279,335 | 236,748 |
| =================================== | =================================== | |
| Expenditure | ||
| Expenditure on charitable activities | ||
| Wages and salaries | 133,123 | 124,972 |
| Employer's NIC | 7,535 | 7,907 |
| Rates and water | 902 | 1,054 |
| Light and heat | 5,760 | 3,752 |
| Repairs and maintenance | 3,392 | 1,276 |
| Insurance | 974 | 1,018 |
| Other motor/travel costs | 2,173 | 1,341 |
| Legal and professional fees | 2,442 | 2,254 |
| Other office costs | 100 | 93 |
| Direct programme costs | 22,249 | 42,316 |
| Equipment costs | 2,420 | 400 |
| Volunteer expenses | 1,595 | 824 |
| Training and governance | 1,496 | 804 |
| Licences | 706 | 555 |
| Internet and telephone | 3,120 | 3,245 |
| Household Support and Cost of Living | 39,800 | – |
| ----------------------------------- | ----------------------------------- | |
| 227,787 | 191,811 | |
| ----------------------------------- | ----------------------------------- | |
| ----------------------------------- | ----------------------------------- | |
| Total expenditure | 227,787 | 191,811 |
| =================================== | =================================== | |
| ----------------------------------- | ----------------------------------- | |
| Net income | 51,548 | 44,937 |
| =================================== | =================================== |
- 16 -
Blue Watch Youth Centre
Notes to the Detailed Statement of Financial Activities
Year ended 31 March 2023
| Year ended 31 March 2023 | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Expenditure on charitable activities | ||
| Activities undertaken directly | ||
| Direct Programme Costs | 22,249 | 42,316 |
| Equipment Costs | 2,420 | 400 |
| Volunteering Expenses | 1,595 | 824 |
| Household Support and Cost of Living | 39,800 | – |
| ------------------------------ | ------------------------------ | |
| 66,064 | 43,540 | |
| ------------------------------ | ------------------------------ | |
| Support costs | ||
| Wages/salaries | 133,123 | 124,972 |
| Employer's NIC | 7,535 | 7,907 |
| Rates & water | 902 | 1,054 |
| Light & heat | 5,760 | 3,752 |
| Repairs & maintenance | 3,392 | 1,276 |
| Insurance | 974 | 1,018 |
| Motor and travel costs | 2,173 | 1,341 |
| Professional Fees | 2,442 | 2,254 |
| Other office costs | 100 | 93 |
| Training | 1,496 | 804 |
| Licences | 706 | 555 |
| Internet and Telephone | 3,120 | 3,245 |
| ----------------------------------- | ----------------------------------- | |
| 161,723 | 148,271 | |
| ----------------------------------- | ----------------------------------- | |
| ----------------------------------- | ----------------------------------- | |
| Expenditure on charitable activities | 227,787 | 191,811 |
| =================================== | =================================== |
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