2022-03-31-accounts - Young Devon

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							Page
Trustees' annual report (incorporating				the	director's	report)
Independent	auditor's	report to	the trustees				18
Statement	of financial	activities	(including		income and
expenditure	account)						22
Statement	of financial	position					23
Statement	ofcash flows						25
Notes to the financial		statements					27-41

Registered	charity	name	name	Young Devon
Charity registration		number		1057949
Company	registration		number	3240655
Principal office and		registered		10Erme Road
office				Ivybridge
				Devon
				PL21 OAB
The trustees				R Hastings
				SWarren-Brown
				C Coward
				A Hannaford
				V Flower
				L Merilion
Auditor				Westcotts iSW) LLP
				Chartered accountants		8 statutory	auditor
				Plym House
				3 Longbridge	Road
				Marsh Mills
				Plymouth
				Devon
				PL6 8LT
Bankers				Lloyds Bank pic
				Fore Street
				Ivybridge
				Devon
				PL21 OAB
Solicitors				Beers Solicitors
				29 Fore Street
				Kingsbridge
				Devon
				TQ7 1AA

						2022		2021
					Unrestricted	Restricted
					funds	funds	Total funds	Total funds
				Note	2	2	2	2
Income and endowments
Donations and legacies				5	3,246,331	1,187,294	4,433,625	4,334,557
Other trading activities				6	14,132		14,132	3,500
Investment income				7	58		58	62
Other income				8	3,080		3,080
Total income					3,263,601	1,187,294	4,450,895	4,338,119
Expenditure
Expenditure on charitable		activities		9	3,147,069	1,215,349	4,362,418	3,900,902
Expenditure on other trading			activities	10	21		21	37,030
Other expenditure				11				37,833
Total expenditure					3,147,090	1,215,349	4,362,439	3,975,765
Net income					116,511	(28,055)	88,456	362,354
Transfers between	funds				(20,162)	20,162
Other recognised gains Gains from revaluation of		and losses fixed assets						401,515
Net movement in	funds				96,349	(7,893)	88,456	763,869
Reconciliation of	funds
Total funds brought	forward				1,376,622	48,268	1,424,890	661,021
Total funds carried forward					1,472,971	40,375	1,513,346	1,424,890

Consolidated St 31 March 2022	at	ement of Financial Position
				Group	Group
				2022	2021
			Note	6
Fixed assets
Tangible fixed assets			17	987,937	879,038
Current assets
Debtors			19	589,365	462,386
Cash at bank and in	hand			685,462	768,756
				1,274,827	1,231,142
Creditors: amounts	falling due within one year		20	671,953	605,705
Net current assets				602,874	625,437
Total assets less current liabilities				1,590,811	1,504,475
Creditors: amounts	falling due after more than one year		21	77,465	79,585
Net assets				1,513,346	1,424,890
Funds ofthe charity
Restricted funds				40,375	48,268
Unrestricted funds:
Revaluation reserve				393,485	401,515
Other unrestricted		income funds		1,079,486	975,107
Total unrestricted funds				1,472,971	1,376,622
Total charity funds			24	1,513,346	1,424,890

31 March 2022
				Charity	Charity
				2022	2021
			Note	2	2
Fixed assets
Tangible fixed assets			17	987,937	879,038
Investments			18	1	1
Current assets
Debtors			19	585,715	462,386
Cash at bank and in	hand			684,957	768,038
				1,270,672	1,230,424
Creditors: amounts	falling due within one year		20	671,953	604,063
Net current assets				598,719	626,361
Total assets less current liabilities				1,586,657	1,505,400
Creditors: amounts	falling due after more than one year		20	77,465	79,585
Net assets				1,509,192	1,425,815
Funds ofthe charity
Restricted funds				40,375	48,268
Unrestricted funds:
Revaluation reserve				393,485	401,515
Other unrestricted		income funds		1,075,332	976,032
Total unrestricted funds				1,468,817	1,377,547
Total charity funds			24	1,509,192	1,425,815

Year ended 31 March	2022
			Group	Group
			2022	2021
Cash flows from operating	activities
Net income			88,456	362,354
Adjustments for:
Depreciation of tangible fixed assets			69,597	51,373
Loss on disposal of tangible	fixed assets			37,833
Changes in:
Stocks				2,823
Trade and other debtors			(126,979)	126,577
Trade and other creditors			66,329	466
Net cash from operating activities			97,403	581,426
Cash flows from investing	activities
Purchase of tangible assets			(178,496)	(119,874)
Net cash used in investing activities			(178,496)	(119,874)
Cash flows from financing	activities
Proceeds from/repayments	of borrowings		(2,201)	58,143
Net cash (used in)/from financing activities			(2,201)	58,143
Net (decrease)/increase in	cash and cash	equivalents	(83,294)	519,695
Cash and cash equivalents	at beginning	ofyear	768,756	249,061
Cash and cash equivalents	at an't ofyear		685,462	768,756.

Year ended 3t March	2022
				Charity	Charity
				2022	2021
				2
Cash flows from operating	activities
Net income				83,378	333,510
Adjustments for.
Depreciation of tangible fixed assets				69,597	51,373
Changesin:
Trade and other debtors				(123,329)	154,285
Trade and other creditors				67,970	29,852
Net cash from operating activities				97,616	569,020
Cash flows from investing	activities
Purchase of tangible assets				(178,496)	(119,874)
Net cash used in investing activities				(178,496)	(119,874)
Cash flows from financing	activities
Proceeds from borrowings					73,145
Repayments of borrowings				(2,201)
Net cash (used in)/from financing		activities		(2,201)	73,145
Net (decrease)/increase in	cash	and cash	equivalents	(83,081)	522,291
Cash and cash equivalents	at beginning		ofyear	768,038	245,747
Cash and cash equivalents	at end of year			684,957	768,038

Donations		and legacies
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2022
			6		2
Donations
Donations			71,840		71,840
Donations		—subsidiary
Grants
Grants and		contracts	3,140,053	1,187,294	4,361,785
Government		grant income	34,438
			3,246,331	1,187,294	4,433,625
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2021
Donations
Donations			30,065		30,065
Donations	- subsidiary		15,782		15,782
Grants
Grants and		contracts	3,053,324	1,113,202	4,176,502
Government		grant income	117,196		112,208
			3,216,367	1,113,202	4,334,557

					Unrestricted	Total Funds	Unrestricted	Total Funds
					Funds	2022	Funds	2021
						2		2
	Youth centre				1,082	1,082
	Training	courses and		consultancy			3,500	3,500
	Trading	Subsidiary		Income
	Training				13,050	13,050
					14,132	14,132	3,500	3,500
7.	Investment		income
					Unrestricted	Total Funds	Unrestricted	Total Funds
					Funds	2022	Funds	2021
						2		2
	Interest	received			58	58	62	62

Other income
		Unrestricted Total Funds			Unrestricted	Total Funds
			Funds	2022	Funds	2021
			2	2		2
Insurance claim			2,916	2,916
Reimbursements			164	164
			3,080	3,080
Expenditure on charitable activities by activity type
	Core costs	Skills	Voice	Wellbeing	Accomm'n	Total	2021
				2	2	2	2
Direct project costs Staff costs	109,725 345,760	539,936 8,478	189,298 (18,241)	725,732 17,183	1,612,397 4,246	3,177,088 357,426	2,694,418 457,085
Rates and utilities	13,772				90,461	104,233	84,023
Property costs	153,083	807	223	2,939	233,970	391,022	378,718
Travel costs	3,238	14,172	3,756	5,470	25,426	52,062	26,255
Office admin	36,500	2,116	279	982	6,195	46,072	45,831
IT & corn'cation	46,344	9,408	3,133	13,945	37,501	110,331	116,123
Markt'ng & promo'n	7,941	4,534		214		12,689	7,119
Professional fees	21,806				60	21,866	15,687
Govern'nce & audit	10,850					10,850	14,400
Finance charges Depreciation	5,045 38,898	195	183	3,920	.4,137 26,401	9,182 69,597	9,870 51,373
Internal charges	(771,876)	113,236	38,645	198,879	421,116
	21,086	692,882	217,276	969,264	2,461,910	4,362,418	3,900,902

				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2022	Funds	2021
				2	2
Loss on disposal	of tangible		fixed
assets held for charity's		own	use			37,833	37,833

Net income	Net income
Net income is stated after charging/(crediting);
		2022	2021
Depreciation of	tangible fixed assets	69,597	51,373
Loss on disposal	of tangible fixed assets		37,833

The total staff costs an	d employee	benefits for the report	ing period are analysed as f	ollows:
			2022	2021
Wages and salaries			2,620,232	2,269,470
Social security costs			183,590	166,622
Employer contributions	to pension	plans	48,569	44,555
			2,852,391	2,480,647

costs are a	nalysed within	Project costs, Staff c	osts and Office admin.
The number	of employees	whose remuneration	for the year fell within the following 2022	bands, were: 2021
			No.	No.
260000to	269999		1	1

received payment for professional services supplied tothe cha Intangible assets	rity (2021:anil).
	Goodwill
Cost
At 1 April 2021 and 31 March 2022	29,980
Amortisation
At 1 April 2021 and 31 March 2022	29,980
Carrying amount
At 31 March 2022
At 31 March 2021

Group tangible fixed assets
	Freehold	Plant and	Fixtures and
	property	machinery	fittings	Total
				2
Cost
At 1 April 2021	884,373	240,551	422,139	1,547,063
Additions	162,361	5,008	11,127	178,496
At 31 March 2022	1,046,734	245,559	433,266	1,725,559
Depreciation
At 1 April 2021	69,373	211,008	387,644	668,025
Charge for the year	29,247	18,165	22,185	69,597
At 31 March 2022	98,620	229,173	409,829	737,622
Carrying amount
At 31 March 2022	948,114	16,386	23,437	987,937
At 31 March 2021	815,000	29,543	34,495	879,038

		Freehold
		property
		2
At 31 March 2022
Aggregate	cost	645,219
Aggregate	depreciation	(90,590)
Carrying	value	554,629
At 31 March 2021
Aggregate	cost	482,858
Aggregate	depreciation	(69,373)
Carrying value		413,485

Subsidiarie	s and oth	er investments
					Percentage
					of shares
			Class of share		held
Subsidiary	undertakings
Young Devon Trading		Ltd.	1 Ordinary	share of61	100

19. Group debtor	s
		2022	2021
Trade debtors		392,284	316,752
Prepayments	and accrued income	192,411	140,172
Other debtors		4,670	5,462
		589,365	462,386
19a.Charity Debtors
		2022	2021
		2	6
Trade debtors		388,634	316,752
Prepayments	and accrued income	192,411	140,172
Other debtors		4,670	5,462
		585,715	462,386

Group Creditors: am	ounts falling due within one	year
		2022	2021
		2	P.
Bank loans and overdrafts		2,130	2,211
Trade creditors		86,497	82,169
Accruals and deferred	income	524,685	474,615
Social security and other taxes		47,027	41,515
Other creditors		11,614	10,183
		671,953	610,693

Credi	tors:	amo	unts falling due after more than	one year
				2022	2021
				2
Bank	loans	and	overdrafts	77,465	79,585

Deferred income
		2022	2021
		2
At 1 April 2021		386,730	377,324
Amount released	to income	(386,730)	(377,324)
Amount deferred	in year	388,865	391,718
At 31 March 2022		388,865	391,718

Government	grants	grants
The amounts	recognised in the financial		statements	for government	grants are as follows:
					2022	2021
					2
Recognised	in income from donations	and legacies:
Government	grant income				34,438	117,196

Group unre	stricted	funds
							Gains and
		2021	Income		Expenditure	Transfers	losses	2022
		2	2				2	2
General funds		795,107	3,263,601		(3,139,060)	(120,162)		799,486
Revaluation	reserve	401,515			(8,030)			393,485
Designated	funds	180,000				100,000		280,000
		1,376,622	3,263,601		(3,147,090)	(20,162)		1,472,971
							Gains and
		2020	Income	Expenditure		Transfers	losses	2021
		2	2		2	2
General funds		608,514	3,219,929		(2,841,459)	(191,877)		795,107
Revaluation	reserve						401,515	401,515
Designated	funds	5,000				175,000		180,000
		613,514	3,219,929		(2,841,459)	(16,877)	401,515	1,376,622
Charity unrestricted		funds
							Gains and
		2021	Income	Expenditure		Transfers	losses	2022
			2		2
General funds		796,032	3,250,551		(3,131,089)	(120,162)		795,332
Revaluation	reserve	401,515	—		(8,030)			393,485
Designated	funds	180,000				100,000		280,000
		1,377,547	3,250,551		(3,139,119)	(20,162)		1,468,817
							Gains and
		2020	Income	Expenditure		Transfers	losses	2021
						2
General funds		633,293	3,152,636		(2,798,020)	(191,877)		796,032
Revaluation	reserve						401,515	401,515
Designated	funds	5,000				175,000		180,000
		638,293	3,152,636		(2,798,020)	(16,877)	401,515	1,377,547

Group &charity restricted	funds
	2020 E	Income	Expendituref	Transfers	2021 F
Bright Futures Community Connectors	285	(89) 61,247	(5,566) (60,096)	5,655	1,436
Covid Funding PPE &
Food Grant		34,340	(29,352)		4,988
Devon Gounty
Counselling		20,000	(6,231)		13,769
Doing What Matters		12,760	(13,703)	943
Early Help	14,696	310,395	(300,052)	(7,667)	17,372
Emotional Health and
Wellbeing	7,162	170,758	(177,920)
Equal Access in Mind	5,586	36,584	(42,170)
Exeter YESCentre	2,482		(1,755)		727
Homeless prevention	10,139	178,224	(181,201)		7,162
Ivybridge Counselling	6,037		(723)	(3,000)	2,314
Newton Abbot YES
Centre	215		(225)	10
Plymouth Building
(Small Fund)		500			500
Sexual Health	905	7,500	(8,405)
Sidmouth Youth Clubs		33,300	(35,481)	2,181
Small Fund		28,265	(28,765)	500
Torbay CAMHS
Victim Support		100,000	(107,667)	7,667
Wellbeing Practitioner		124,406	(134,994)	10,588
	47,507	1,118,190	(1,134,306)	16,877	48,268

Group analysis of	n	et assets between f	unds
			Unrestricted	Restricted	TotalFunds
			Funds E	Funds f	2022 6
Tangible fixed assets			987,937		987,937
Current assets			1,039,782	235,045	1,274,827
Creditors less than	1	year	(477,283)	(194,670)	(671,953)
Creditors greater than		1 year	(77,465)		(77,465)
Net assets			1,472,971	40,375	1,513,346
			Unrestdicted	Restricted	Total Funds
			Funds	Funds	2021
			f:
Tangible fixed assets			879,038		879,038
Current assets			1,042,695	188,447	1,231,142
Creditors less than	1	year	(465,536)	(140,169)	(605,705)
Creditors greater than		1 year	(79,585)		(79,585)
Net assets			1,376,612	48,278	1,424,890

25a	. Charity analysis o	f n	et assets between fu	nds
				Unrestricted	Restricted	Total Funds
				Funds	Funds	2022
					6
	Fixed assets			987,938		987,938
	Current assets			1,035,627	235,045	1,270,672
	-Creditors less than	1	year	(477,283)	(194,670)	(671,953)
	Creditors greater than		1 year	(77,465)		(77,465)
	Net assets			1,468,817	40,375	1,509,192
				Unrestricted	Restricted	Total Funds
				Funds	Funds	2021
				2	2
	Fixed assets			879,039		879,039
	Current assets			1,041,977	188,447	1,230,424
	Creditors less than	1	year	(463,894)	(140,169)	(604,063)
	Creditors greater than		1 year	(79,585)		(79,585)
	Net assets			1,377,537	48,278	1,425,815
26.	Analysis of changes		in net debt
						At
				At 1 Apr 2021 2	Cash flows	31 Mar 2022 f
	Cash at bank and in hand			768,756	(83,294)	685,462
	Debt due within one year			(2,211)	81	(2,130)
	Debt due after one	year		(79,585)	2,120	(77,465)
				686,960	(81,093)	605,867

Operating lease commit	ments
The total future minimum	lease payments	under non-cancellable	operating	leases are as follows:
				2022	2021
				8	2
Not later than 1 year Later than 1 year and not Later than 5years	later than 5years			254,012 290,736 307,810	277,616 278,905 354,187
				842,098	910,708