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2022-03-31-accounts

D2 YOUTH ZONE LIMITED (A company limited by guarantee)

REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2022

Charity Number 1048939 Company Number 03085535

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

ANNUAL REPORT AND FINANCIAL STATEMENTS

For the year ended 31 March 2022

Contents Page
Trustees annual report 1 to 5
Independent examiners report 6
Statement of Financial Activities (including 7
income and expenditure account)
Balance sheet 8
Notes to the financial statements 9 to 17

D2 Youth Zone Ltd

(A company limited by guarantee)

TRUSTEE ANNUAL REPORT (including Director’s report)

For the year ended 31 March 2022

The trustees are pleased to present their annual trustees’ report together with the financial statements of the charity for the year ended 31 March 2022 which are also prepared to meet the requirements for a trustees’ report and accounts for Companies Act purposes.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and 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 October 2019)

1. Objectives and Activities

We provide a daily drop-in, group work and one to one work, our work is built on the issues young people bring to us; these tend to be around, drugs and alcohol, sex and relationships, debt, benefits, unemployment, mental health and family.

Project Objectives:

Public Benefit Statement

The trustees/directors have paid due regard to the Charity Commission guidance on public benefit and are confident that the organisation’s aims, objectives and activities are in accordance with the guidance on public benefit.

Our activities and achievements as outlined demonstrate our commitment to ensuring that the organisation’s resources and activities maximise the potential benefit to our local community through community youth projects..

2. Achievements and Performance

Performance and achievements 2021-2022

We have ensured that we have remained a constant, consistent, and much valued presence providing young people with a safety net whenever they have needed it.

The project delivered a range of services that meet the needs of young people living in Newbiggin Hall specifically, we provided:

Groupwork

Young people had access to a safe place to go, where they could relax, meet friends, have fun, and learn new things. Most importantly, they had access to, and ownership of, a space that is just for them.

Detached work

We are a very familiar sight on the estate; we provide a consistent presence, building relationships with young people, offering support and advice in outdoor spaces of their choosing.

1

Activities

Young people had access to a whole range of activities that were fun and took them away from the estate to encourage exciting and new experiences.

One to one support

Young people had access to one-to-one support at the point of need with someone they know and trust us. They were listened to without judgement, which helped them to navigate the challenges facing them and to offload.

Education, Employment/ Training

Young people had access to the right support. We were able to tailor our support because we know them and understand the context of their lives. We provided practical support producing CV’s, access to phones, photocopier etc. and help with job search and looking for training and supported applications with references.

Projects

Young people took part in projects that helped them to work better, develop new skills and to learn new things. Most importantly, through these projects, young people were given a voice and were empowered to share with others the things that are important to them.

Family support

The effect of the Covid-19 pandemic and each lockdown has had a huge impact on our young people, most missed massive chunks of learning and routines within the home were lost. Our support has focused on helping young people with their mental health, guiding parents with resetting boundaries and ensuring families are managing with benefits.

Fundraising

We have been on the estate for 27 years and we understand young people have become accustomed to having us in their lives. Our team are extremely dedicated to ensuring that we remain a constant and consistent source of support and recognise that it is part and parcel of working in the voluntary sector that we remain committed as ever to fundraising for their neighbourhood project.

Trustee Annual Report

Newbiggin Hall is a large mainly social housing estate on the Northwest outskirts of Newcastle upon Tyne. It is a place where people may not have the same opportunities afforded to them as those who live in more affluent areas. For the last 27 years, D2 has provided help for young people that would not otherwise be available; on average thirty young people a day.

The present board consist of individuals who have worked on the estate, have used the project as a young person or are a resident of Newbiggin Hall. The board know that not only do the staff achieve the aims and objectives listed above but deliver much more.

The last year has seen an incremental return to a more normal way of working for the project, post Covid 19. With a return to using the project building and face to face contact resumed with larger groups returning after lockdown restrictions. School holiday trips and activities, the intergenerational meals- in partnership with St Wilfrid’s church, have also resumed. With lessons learnt during the pandemic, in particular greater use of technology, they have continued to be implemented in our service.

It is hoped that as the project is sufficiently funded, the staff will be able to return to their normal hours this year.

Ian Smith Chair D2 Youth Zone For the year ended 31 March 2022

2

3. Financial review

Review of the year

The results for the year and the company's financial position at the end of the year are shown in the attached financial statements.

During the year the Charity had income of £89,811 (2021: £108,357) of which £54,253 was restricted (2021: £48,816) and expenditure of £72,697 (2021: £83,218) of which £51,094 was restricted (2021: £39,599). There was an operating surplus of £17,113 (2021: £25,139) of which £3,159 was restricted (2021: £9,217).

At 31 March 2022 the Charity had net assets of £100,192 (2021: £83,078) of which £22,589 was restricted (2021: £19,430).

Reserves policy/No reserves/Going concern

The Trustees consider the level of reserves, £77,603 (2021: £63,648), prudent for the Charity at this time taking into account potential liabilities in the event that the charity ceased. Our Reserves Policy is reviewed annually.

4. Risk Management

The Board is responsible for the management of the risks to which the Charity is exposed. A risk register is produced which considers financial, governance and delivery risks.

For each risk, the register identifies:

The Board reviews the risk register throughout the year. Through the counter measures put in place in the risk register and the regular reviews and updates, the Board is satisfied that the major risks identified have been adequately mitigated. It is recognised that this approach can only provide reasonable but not absolute assurance that major risks have been adequately managed.

5. Plans for future periods

We will continue to attract volunteers from the local community who will support paid staff to deliver a quality youth service.

We plan to take on an apprentice in the next financial year. The young person we employ will be under 25 years, known to the project, be local and show potential to become a youth worker in the future.

3

6. Reference and administrative details of the charity, its trustees and advisors

Registered charity name D2 Youth Zone Ltd Charity number 1048939 Company registration number 03085535 Registered office 96-98 East Thorp Newbiggin Hall Estate Newcastle upon Tyne NE5 4JD Trustees and Members of the Board Ian Smith – Chair Rebecca Tulip – Vice Chair Ryan Percival – Treasurer Sylvia Hopper- Director Chief Executive and Senior staff members Angela Smith- Project Manager Independent Examiner Doug Maltman FMAAT Connected Voice Business Services Ltd Higham House Higham Place Newcastle upon Tyne NE1 8AF Bankers Barclays Bank Plc

7. Structure, governance and management

Governing Document

The organisation is a Charitable Company Limited by Guarantee. The Company was established under a Memorandum of Association, which established the objects and powers of the Charitable Company and is governed under its Articles of Association. In the event of a winding up any member (who is a director) undertakes to contribute to the payment of liabilities, such amount as may be required not exceeding the total of £1.

Recruitment and Appointment of the Board

The Directors of the Company are also Trustees for the purposes of charity law and under the company's Articles are also its members. Under the requirements of the Memorandum and Articles of Association, at the Annual General Meeting one-third of the Directors, who are subject to retirement by rotation, shall retire. Retiring Directors can be re-appointed at the Annual General Meeting.

Trustees are selected on the basis of specialist skills and commitment to the objectives and aims of the organisation.

4

Board Induction and Training

New Board Members are introduced to the work of the organisation and informed of their legal roles and responsibilities at an induction meeting. The induction and training programme for new Board Members includes:

8. Statement of Trustee Responsibilities

The trustees, who are also directors for the purposes of company law, are responsible for preparing the Trustees’ Annual Report and the Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company Law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of incoming resources and application of resources, including the income and expenditure of the charitable company for that year. In preparing those financial statements, the trustees are required to:

The trustees are responsible for keeping accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the Board on 23.12.2022 and signed on their behalf by:

R Percival (Treasurer)

5

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

For the year ended 31 March 2022

I report on the financial statements of D2 Youth Zone Limited for the year ended 31 March 2022, which are set out on pages 7 to 17.

Respective responsibilities of trustees and examiner

The charity's trustees (who are also directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 ("the Charities Act) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's statement

My examination was carried out in accordance with general Directions given by the Charity Commission. 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 no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

I 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.

Doug Maltman FMAAT Connected Voice Business Services Ltd Higham House Higham Place Newcastle upon Tyne NE1 8AF Date: 23.12.2022

6

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES

(INCLUDING SUMMARY INCOME & EXPENDITURE ACCOUNT)

For the year ended 31 March 2022

----- Start of picture text -----
Unrestricted Restricted Total Total
Funds Funds 2022 2021
£ £ £ £
Income from:
Donations and legacies 6 16,055 17,935 33,990 50,754
Charitable activities
Grants and contracts 7 19,500 36,318 55,818 57,592
Investments 8 3 - 3 11
Total income 35,558 54,253 89,811 108,357
Expenditure on:
Charitable activities
Operation of the charity 9 21,603 51,094 72,697 83,218
Total expenditure 21,603 51,094 72,697 83,218
Net movement of funds 13,955 3,159 17,114 25,139
Reconciliation of funds
Total funds brought forward 63,648 19,430 83,078 57,939
Total funds carried forward 77,603 22,589 100,192 83,078
Notes
----- End of picture text -----

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 17 form an integral part of these accounts.

7

Charity Number 1048939 Company Number 03085535

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

BALANCE SHEET

As at 31 March 2022

Current assets
Debtors
15
Cash at bank and in hand
16
Total current assets
Creditors:amounts falling due within
one year
17
Net current assets
Total net assets or liabilities
Funds of the charity
Unrestricted income funds
18
Restricted income funds
18
Total funds
Notes		 £
21,790
80,354
102,144
( 1,952 )		 Total
2022
£
100,192
100,192
77,603
22,589
100,192		 £
10,438
73,618
84,056
( 978 )		 Total
2021
£
83,078
83,078
63,648
19,430
83,078

The company was entitled to an exemption from audit under s477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with the respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the

small companies regime and in accordance with FRS102 SORP.

The notes on pages 9 to 17 form an integral part of these accounts.

These financial statements were approved by the Board on: 23.12.2022

and are signed on its behalf by: R Percival Treasurer

8

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022

1 Accounting Policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

2 Basis of accounting

2.1 Basis of preparation

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts 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 October 2019) – Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting Practice. The financial statements are prepared under the historical cost convention or transaction value unless otherwise stated in the relevant accounting policy note(s).

D2 Youth Zone Limited meets the definition of a public benefit entity under FRS 102.

2.2 Preparation of the accounts on a going concern basis

The charity reported total unrestricted funds at the year end of £77,603 and has already secured a significant amount of funding for the current year. The trustees are of the view that the immediate future of the charity for the next 12 months is secure and that on this basis the charity is a going concern. Due to the COVID-19 pandemic, it has put pressure on all businesses in 2021-22. It should be noted that the creditors are being paid when the payments are falling due.

3 Income

3.1 Recognition of income

Income is recognised when the charity has entitlement to the resources, any performance conditions attached to the item(s) of income have been met, it is more likely than not that the resources will be received and the monetary value can be measured with sufficient reliability

3.2 Offsetting

There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by FRS102 SORP or FRS102.

3.3 Grants and donations

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income received in advance of the provision of a specified service is deferred until the criteria of income recognition are met.

9

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022

3.4 Volunteer help

The value of volunteer help received is not included in the accounts but is described in the trustees' annual report.

3.5 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

3.6 Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the

4 Expenditure and liabilities

4.1 Liability recognition

Liabilities are recognised when it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

4.2 Charitable activities

Expenditure on charitable activities includes the costs of work and other activities undertaken to further the purposes of the charity and their associated support costs.

4.3 Governance and support costs

Support costs have been allocated between governance cost and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.

4.4 Irrecoverable VAT

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

4.5 Creditors

The charity has creditors which are measured at settlement amounts less any trade discounts.

4.6 Provisions for liabilities

A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.

10

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022

5 Assets

5.1 Tangible fixed assets for use by the charity

Individual fixed assets costing £1,000 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis, the charity does not currently have any tangible fixed assets:

11

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022

Analysis of income

6
7
8		 Donations and legacies
Charitable activities
Income from grants
Income from investments
- Sir James Knott
- True Potential
- Ernest Cook Trust
- Your Homes Newcastle
- Woolsington Parish
Donations and gifts
- Hadrian trust
- Joseph Frazer Strong
- Northumbria Police
- Violence Reduction Unit
- R W Mann
- Harrison Foundation
- Community Foundation
- Newcastle City Council
General grants:
- Big Lottery Fund
- Newcastle Best Summer ever
Other
Bank interest
NCC Ward Committee
HMRC Job Retention Scheme Grant
BBC Children in Need
Ballinger Trust
- One family Foundation
- Police Commissioner's Fund
- Education and Skills		 Unrestricted
Funds
£
15
-
1,000
-
-
-
-
-
-
-
-
15,000
-
-
-
-
-
-
-
40
16,055
1,500
-
-
18,000
19,500
3
3		 Restricted
Funds
£
-
-
-
-
-
4,000
-
-
-
-
5,405
-
-
3,170
-
360
700
2,800
1,500
-
17,935
800
-
35,518
-
36,318
-
-		 Total
2022
£
15
-
1,000
-
-
4,000
-
-
-
-
5,405
15,000
-
3,170
-
360
700
2,800
1,500
40
33,990
2,300
-
35,518
18,000
55,818
3
3		 Total
2021
£
5
1,000
1,000
2,904
968
1,000
5,000
1,151
800
3,000
950
15,000
12,500
2,520
2,787
-
-
-
-
169
50,754
-
7,576
34,516
15,500
57,592
11
11

Income was £89,811 (2021: £108,357) of which £35,558 was unrestricted or designated (2021: £59,541) and £54,253 was restricted (2021: £48,816)

12

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022

Analysis of expenditure on charitable activities

9 Charitable activities
Direct costs
Support costs
Governance costs
Staff training
Payroll fees
Activity costs
Other expenses
Security
Cleaning, repairs and maintenance
Heat, light and water
Companies House
Redundancy payment
Insurance
Salaries
Pensions
Sessional workers
Apprentice fees
Staff travel
DBS checks
Independent examiner's fees for reporting on
the accounts
Depreciation
Stationery/postage
Photocopier
Phone/fax
IT
Membership fees		 Unrestricted
Funds
£
13,239
-
1,129
-
-
-
-
25
409
-
12
-
211
1,719
1,936
84
247
1,099
270
340
13
-
869
21,603		 Restricted
Funds
£
34,974
-
2,366
2,495
125
-
63
-
-
10,908
164
-
-
-
-
-
-
-
-
-
-
-
-
51,094		 Total
2022
£
48,212
-
3,495
2,495
125
-
63
25
409
10,908
176
-
211
1,719
1,936
84
247
1,099
270
340
13
-
869
72,697		 Total
2021
£
54,163
7,979
4,181
2,077
-
106
-
500
613
6,331
172
107
87
2,236
955
19
116
902
1,229
550
-
67
828
83,218

Expenditure on charitable activities was £72,697 (2021: £83,218) of which £21,603 was unrestricted or designated (2021: £43,619) and £51,094 was restricted (2021: £39,599)

10 Fees for examination of the accounts

Other accountancy services paid to the examiner
Independent examiner's fees for reporting on the accounts		 2022
£
869
409
1,278		 2021
£
828
613
1,441

13

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022

11 Analysis of staff costs and the cost of key management personnel

Salaries and wages
Social security costs
Pension costs (defined contribution pension plan)
Redundancy payment		 2022
£
48,212
-
-
3,495
51,707		 2021
£
54,163
7,979
393
4,181
66,716

No employee received remuneration above £60,000 (2021: nil)

The key management personnel of the charity, comprise the trustees and the Project Manager . The total employee benefits of the key management personnel of the charity were £31,935 (2021: £29,038).

12 Staff numbers

The average monthly head count was 3 staff (2021: 3 staff) and the average monthly number of full-time equivalent employees during the year were as follows:

Charitable activities
The parts of the charity in which the employee's work		 2022
Number
1.9
1.9		 2021
Number
1.5
1.5

13 Transactions with trustees

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity.

Trustees' expenses

No trustee expenses have been incurred in the year.

Transaction(s) with related parties

There have been no related party transactions in the reporting period.

14 Defined contribution pension scheme

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund.

The employer's pension costs represent contributions payable by the charity to the fund and amount to £3,495 (2021: £4,181). There was £0 outstanding as at 31 March 2022 (2021: £0)

14

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022

15 Debtors and prepayments (receivable within 1 year)
16
Short term deposits
Cash at bank
17
Cash at bank and in hand
Other accruals
Creditors and accruals (payable within 1 year)
Trade debtors
Independent examination of accounts
Salary holding account
Accruals		 2022
£
21,790
-
21,790
2022
£
27,000
53,354
80,354
2022
£
1,697
254
1,952		 2021
£
10,272
166
10,438
2021
£
26,001
47,617
73,618
2021
£
828
150
978

18 Events after the end of the reporting period

Due to the COVID-19 pandemic, it has put pressure on all businesses in 2021-22. It should be noted that the creditors are being paid when the payments are falling due. No other significant events affecting the Company since the year end.

19 Analysis of charitable funds

Analysis of movements in unrestricted funds As at 31 March 2022

Unrestricted funds
General unrestricted fund
Designated funds
Contingency Fund
Totals		 Fund
balances
brought
forward
£
50,094
13,554
63,648		 Incoming
resources
£
35,558
-
35,558		 Resources
expended
£
( 21,603 )
-
( 21,603 )		 Transfers
£
-
-
-		 Fund
balances
carried
forward
£
64,049
13,554
77,603

15

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022

As at 31 March 2021

Unrestricted funds
General unrestricted fund
Designated funds
Contingency Fund
Totals		 Fund
balances
brought
forward
£
34,172
13,554
47,726		 Incoming
resources
£
59,541
-
59,541		 Resources
expended
£
( 43,619 )
-
( 43,619 )		 Transfers
£
-
-
-		 Fund
balances
carried
forward
£
50,094
13,554
63,648

Purpose of unrestricted funds

General unrestricted fund The 'free reserves' of the charity Designated funds To cover unexpected costs incurred.

Analysis of movement in restricted funds As at 31 March 2022

Restricted funds
BBC Children in Need
Newcastle Youth Fund
R W Mann
Big Lottery Fund
Ward Committee
Ernest Cook Trust
Newcastle Best Summer ever
Your Homes Newcastle
Woolsington Parish
Education and Skills
Totals		 Fund
balances
brought
forward
£
9,784
-
2,500
7,146
-
-
-
-
-
-
19,430		 Incoming
resources
£
35,518
5,405
4,000
-
800
360
3,170
700
2,800
1,500
54,253		 Resources
expended
£
( 31,935 )
( 5,405 )
( 6,500 )
-
( 800 )
( 360 )
( 3,170 )
-
( 2,800 )
( 125 )
( 51,094 )		 Transfers
£
-
-
-
-
-
-
-
-
-
-
-		 Fund
balances
carried
forward
£
13,367
-
-
7,146
-
-
-
700
-
1,375
22,589

Analysis of movement in restricted funds As at 31 March 2021

Restricted funds
BBC Children in Need
Newcastle Youth Fund
R W Mann
Police Commissioner's Fund
Big Lottery Fund
Totals		 Fund
balances
brought
forward
£
4,306
4,407
1,500
-
-
10,213		 Incoming
resources
£
34,516
-
1,000
800
12,500
48,816		 Resources
expended
£
( 29,038 )
( 4,407 )
-
( 800 )
( 5,354 )
( 39,599 )		 Transfers
£
-
-
-
-
-
-		 Fund
balances
carried
forward
£
9,784
-
2,500
-
7,146
19,430

16

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022

Purpose of restricted funds

Restricted funds represent income resources used for a specific purpose within the charity as identified by the donor.

BBC Children in Need Newcastle Youth Fund R W Mann Police Commissioner's Fund Big Lottery Fund Ward Committee Ernest Cook Trust Newcastle Best summer Ever Your Homes Newcastle Woolsington Parish Education and Skills

To cover the staffing costs of the Project Manager. To cover the staffing costs of D2 Youth Zone Limited. Breaking Bread Project funds. Funds to support holiday activities. To support young people during Covid-19 pandemic. Funds to support holiday activities. The Green Musketeer Project. Funds to support holiday activities. Environmental Project. Funds to support holiday activities and hardship fund. Apprenticeship grant.

20 Capital commitments

As at 31 March 2022, the charity had no capital commitments (2021 -£nil)

21 Analysis of net assets between funds

Other net current assets/(liabilities)
Cash at bank and in hand		 Unrestricted
Funds
£
57,765
19,838
77,603		 Restricted
Funds
£
22,589
-
22,589		 Total
2022
£
80,354
19,838
100,192		 Total
2021
£
73,618
9,460
83,078

17