2023-03-31-accounts

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

Registered	charity	name	name	Young Devon
Charity registration		number		1057949
Company	registration		number	3240655
Principal oflice and		registered		10 Erme Road
office				Ivybridge
				Devon
				PL21 OAB
The trustees
				R Hastings
				SWarren-Brown
				C Coward
				A Hannaford
				V Flower
				L Merilion
Auditor				Westcotts (SW) LLP
				Chartered accountants		&statutory	auditor
				Plym House
				3 Longbridge	Road
				Marsh Mills
				Plymouth
				Devon
				PL6 8LT
Bankers				Lloyds Bank	pic
				Fore Street
				Ivybr idge
				Devon
				PL21 OAB
Solicitors				Foot Anstey
				Senate Court
				Southernhay	Gardens
				Exeter
				Devon
				Exl 1NT

						2023		2022
					Unrestricted	Restricted
				Note	funds f	funds E	Total funds 6	Total funds 6
Income and endowments
Donations and legacies				5	3,655,847	1,581,353	5,237,200	4,433,625
Other trading activities				6	721		721	14,132
Investment income				7	1,733		1,733	58
Other income				8	6,614		6,614	3,080
Total income					3,664,915	1,581,353	5,246,268	4,450,895
Expenditure
Expenditure on charitable		activities		9	3,597,205	1,565,058	5,162,263	4,362,418
Expenditure on other trading			activities		231	—	231	21
Total expenditure					3,597,436	1,565,058	5,162,494	4,362,439
Net income					67,479	16,295	83,774	88,456
Transfers between	funds				(13,407)	13,407
Net movement in	funds				54,072	29,702	83,774	88,456
Reconciliation of	funds
Total funds brought	forward				1,472,971	40,375	1,513,346	1,424,890
Total funds carried forward					1,527,043	70,077	1,597,120	1,513,346

					Group	Group
					2023	2022
				Note	6
Fixed assets
Tangible fixed assets				15	1,293,215	987,937
Current assets
Debtors				17	388,630	589,365
Cash at bank and in	hand				804,755	685,462
					1,193,385	1,274,827
Creditors: amounts	falling		due within one year	18	813,136	671,953
Net current assets					380,249	602,874
Total assets less current			liabilities		1,673,464	1,590,811
Creditors: amounts	falling		due after more than one year	19	76,344	77,465
Net assets					1,597,120	1,513,346
Funds ofthe charity
Restricted funds					70,077	40,375
Unrestdicted funds:
Revaluation reserve					393,485	393,485
Other unrestricted		income funds			1,133,558	1,079,486
Total unrestricted funds					1,527,043	1,472,971
Total charity funds				22	1,597,120	1,513,346

31 March 2023
					Charity	Charity
					2023	2022
				Note		f
Fixed assets
Tangible fixed assets				15	1,293,215	987,937
Investments				16	1	1
					1,293,216	987,938
Current assets
Debtors				17a	388,630	585,715
Cash at bank and	in	hand			800,831	684,957
					1,189,461	1,270,672
Creditors: amounts		falling due within one year		18	813,136	671,953
Net current assets					376,325	598,719
Total assets less	current liabilities				1,669,541	1,586,657
Creditors: amounts		falling due after more than one year		19	76,344	77,465
Net assets					1,593,197	1,509,192
Funds ofthe charity
Restricted funds					70,077	40,375
Unrestricted funds:
Revaluation	reserve				393,485	393,485
Other unrestdicted			income funds		1,129,635	1,075,332
Total unrestricted	funds				1,523,120	1,468,817
Total charity funds				22	1,593,197	1,509,192

Consolidated Stateme Year ended 31 March	nt of Cash F 2023	lows
			Group	Group
			2023 f	2022 6
Cash flows from operating	activities
Net income			83,774	88,456
Adjustments for:
Depreciation oftangible fixed assets			56,343	69,597
Changes/n:
Trade and other debtors			200,735	(126,979)
Trade and other creditors			141,933	66,329
Cash generated from operations			482,785	97,403
Cash flows from investing	activities
Purchase oftangible assets			(361,621)	(178,496)
Net cash used in investing activities			(361,621)	(178,496)
Cash flows from financing	activities
Proceeds from/repayments	ofborrowings		(1,871)	(2,201)
Net cash used in financing activities			(1,871)	(2,201)
Net increase/(decrease) in	cash and cash	equivalents	119,293	(83,294)
Cash and cash equivalents	at beginning	ofyear	685,462	768,756
Cash and cash equivalents	at end ofyear		804,755	685,462

Year ended 31 March	2023
			Charity	Charity
			2023	2022
			6
Cash flows from operating	activities
Net income			84,005	83,378
Adjustments for:
Depreciation oftangible fixed assets			56,343	69,597
Changesin:
Trade and other debtors			197,085	(123,329)
Trade and other creditors			141,933	67,970
Net cash from operating activities			479,366	97,616
Cash flows from investing	activities
Purchase oftangible assets			(361,621)	(178,496)
Net cash used in investing activities			(361,621)	(178,496)
Cash flows from financing	activities
Proceeds from/repayments	of borrowings		(1,871)	(2,201)
Net cash used in financing activities			(1,871)	(2,201)
Net increase/(decrease) in	cash and cash	equivalents	115,874	(83,081)
Cash and cash equivalents	at beginning	ofyear	684,957	768,038
Cash and cash equivalents	at end ofyear		800,831	684,957

		Unrestricted	Restricted	Total Funds
		Funds f	Funds f	2023 f
Donations
Donations		68,796		68,796
Grants
Grants and	contracts	3,573,195	1,581,353	5,154,548
Government	grant income	13,856		13,856
		3,655,847	1,581,353	5,237,200
		Unrestricted	Restricted	Total Funds
		Funds f	Funds	2022 f
Donations
Donations		71,840		71,840
Grants
Grants and	contracts	3,140,053	1,187,294	4,327,347
Government	grant income	34,438		34,438
		3,246,331	1,187,294	4,433,625

Other trading activit	ies
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2023 f	Funds f	2022 f
Youth centre		721	721	1,082	1,082
Trading Subsidiary	Income
Training				13,050	13,050
		721	721	14,132	14,132

		Unrestricted	Total	Funds	Unrestricted	Total	Funds
		Funds F		2023	Funds f		2022 f
Interest	received	1,733		1,733	58		58

Other inco	me
				Unrestricted		Total	Funds		Unrestricted Total Funds
				Funds 6				2023		Funds 6	2022 f
Insurance claim				6,084				6,084		2,916	2,916
Reimbursements				530				530		164	164
				6,614				6,614		3,080	3,080
Expenditure	on	charitable activities by activity type
										Total	Total
		Core								funds	funds
		costs	Skills	Voice Wellbeing				Accomm'n		2023	2022
									E		9
Direct project costs		14,369	111,078 1,295,236 1,647,987					582,785		3651 455	3,177,088
Staff costs		492,540	532	6,918		16,056			3,636	519,682	357,426
Rates and utilities		19,002				97,842				116,844	104,233
Properly costs		213,402		1,290	254,027				1,268	469,987	391,022
Travel costs		5,249	5,175	18,155		32,814			18,568	79,961	52,062
Office admin		28,055	95	881		11,222			2,435	42,688	46,072
IT &corn'cation		67,362	2,421	21,994		45,376			9,800	146,953	110,331
Markt'ng & promo'n		6,104		2,098		1,282			8,828	18,312	12,689
Professional	fees	22,822	13							22,835	21,866
Govern'nce audit	&	14,550								14,550	10,850
Finance charges		4,646				5,566				10,211	9,182
Depreciation		31,633	61	2,961		19,639			2,049	56,343	69,597
Internal charges		(945,673)	40,737	347,471		437,517		132,591		12,643
		(25,939)	160,112	1,697,004 2,569,328				761,960		5,162,465	4,362,418

2023	2022 f
56,343	69,597

Staff cos	ts
The total	staff costs and	employee	benefits for the reporting	period are analysed as	follows:
				2023 f	2022 K
Wages and salaries				2,974,246	2,620,232
Social security costs				224,895	183,590
Employer	contributions	to pension	plans	58,101	48,569
				3,257,242	2,852,391

costs are a	nalysed within	Project costs, Staff c	osts and Office admin.
The number	ofemployees	whose remuneration	for the year fell within the following	bands, were:
			2023	2022
			No.	No.
660,000to	669,999		1	1

Group tangible fixed assets
	Freehold	Leasehold	Fixtures and
	property	Improvements r	fittings f	Total 6
Cost
At 1 April 2022	1,046,734	245,559	433,266	1,725,559
Additions	340,176	17,167	4,278	361,621
At 31 March 2023	1,386,910	262,726	437,544	2,087,180
Depreciation
At 1 April 2022	98,620	229,173	409,829	737,622
Charge for the year	25,746	14,545	16,052	56,343
At 31 March 2023	124,366	243,718	425,881	793,965
Carrying amount
At 31 March 2023	1,262,544	19,008	'l1,663	1,293,215
At 31 March 2022	948,114	16,386	23,437	987,937

the histori	c	al cost model are as follows:
			Freehold
			property
			6
At 31 March 2023
Aggregate		cost	985,395
Aggregate		depreciation	(116,336)
Carrying		value	869,059
At 31 March 2022
Aggregate		cost	645,219
Aggregate		depreciation	(90,590)
Carrying	value		554,629

Subsidiarie	s and oth	er investments
					Percentage
					ofshares
			Class ofshare		held
Subsidiary	undertakings
Young Devon Trading		Ltd.	1 Ordinary	share off1	100

17.	Group debtor	s
			2023	2022
	Trade debtors		247,464	392,284
	Prepayments	and accrued income	133,496	192,411
	Other debtors		7,670	4,670
			388,630	589,365
17a.	Charity debtors
			2023	2022
			8	8
	Trade debtors		247,464	388,634
	Prepayments	and accrued income	133,496	192,411
	Other debtors		7,670	4,670
			388,630	585,715

Group and company	creditors: amounts falling d	ue within one year
		2023 f	2022
Bank loans and overdrafts		1,380	2,130
Trade creditors		131,381	86,497
Accruals and deferred	income	611,247	524,685
Social security and other taxes		51,087	47,027
Other creditors		18,041	11,614
		813,136	671,953

Group	and	com	pany creditors: amounts falling	due after more than one year
				2023	2022
Bank	loans	and	overdrafts	76,344	77,465

Deferred in	come
							2023	2022
							6	f
At 1 April 2022							388,865	386,730
Amount released		to income					(388,865)	(386,730)
Amount deferred		in year					439,205	388,865
At 31 March	2023						439,205	388,865
Government	grants
The amounts	recognised		in	the financial statements		for government	grants are as follows: 2023 2022
								8
Recognised	in income from			donations	and legacies:
Government	grant	income					13,856	34,438

Group unre	stricted	funds
			At				At 31 March
			April 2022	Income	Expenditure	Transfers	2023
			6	6			5
General funds			799,486	3,664,915	(3,597,436)	(13,407)	853,558
Revaluation	reserve		393,485				393,485
Designated	funds		280,000				280,000
			1,472,971	3,664,915	(3,597,436)	(13,407)	1,527,043
			At				At 31 March
		1	April 2021 f	Income f	Expenditure 6	Transfers 6	2022 6
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
Charity unrestdcted		funds
			At				At 31 March
		1	April 2022 6	Income	Expenditure 6	Transfers f	2023 6
General funds			795,332	3,664,915	(3,597,205)	(13,407)	849,635
Revaluation	reserve		393,485				393,485
Designated	funds		280,000				280,000
			1,468,817	3,664,915	(3,597,205)	(13,407)	1,523,120
			At				At 31 March
		1	April 2021 6	Income 6	Expendituref	Transfers f	2022 6
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

Group &charity restricted funds
	At 1 April					At 31 March
	2022 E	Income 6	Expenditure f	Transfers f		2023
Changemaker Fund		14,447	(14,447)
Community Connectors		66,944	(74,385)	7,441
Covid Funding PPE &Food Grant	4,988	5,000	(5,182)	(4,806)
Doing What Matters
Early Help	10,559	543,653	(559,198)	4,986
ECC Homeless Prevention	3,459	130,554	(125,674)	(7,648)		691
EDDC Homeless Prevention		47,760	(55,408)	7,648
Emotional Health and Wellbeing		295,209	(243,387)		1	51,823
Exeter YESCentre	275	766	(1,037)			4
OPPC Targeted Youth Work		2,761	(2,761)
Plymouth Building (Small Fund)	31		(36)
Sexual Health		34,000	(18,441)			15,559
Sidmouth Youth Clubs		45,126	(50,028)	4,902
Small Fund		2,000				2,000
SWEF (South West Enterprise		27,373	(27,373)
Fund)
Victim Support	21,063	173,492	(195,433)		878
Wellbeing Practitioner		192,268	(192,268)
	40,375	1,581,353	(1,565,058)	13,407		70,077
	At 1 April					At 31 March
	2021 f	Income	E xpenditure	Transfers		2022 6
Community Connectors	1,436	59,351	(67,320)	6,533
Covid Funding PPE & Food Grant	4,988	43,175	(43,175)			4,988
Devon County Counselling	13,769		(13,769)
Doing What Matters			(12,517)	12,517
Early Help	17,372	366,992	(373,805)			10,559
Emotional Health and Wellbeing		159,205	(159,205)
Exeter YESCentre	727	341	(793)			275
Homeless prevention	7,162	179,041	(182,744)			3,459
Ivybridge Counselling	2,314		(2,314)
Plymouth Building (Small Fund)	500		(469)			31
Sexual Health		10,000	(10,000)
Sidmouth Youth Clubs		34,750	(34,956)		206
Small Fund		260	(1,166)		906
Victim Support		136,213	(115,150)			21,063
Wellbeing Practitioner		197,966	(197,966)
	48,268	1,187,294	(1,215,349)	20,162		40,375

23a	. Charity analys	is	ofn	et a	ssets between	funds
							Unrestricted	Restricted	Total Funds
							Funds	Funds	2023
								6	6
	Tangible fixed	assets					1,293,215		1,293,215
	Current assets						877,157	312,304	1,189,461
	Creditors less	than	1	year			(570,909)	(242,227)	(813,136)
	Creditors greater than			1 year			(76,344)		(76,344)
	Net assets						1,523,120	70,077	1,593,197
							Unrestricted	Restricted	Total Funds
							Funds f	Funds 6	2022 8
	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
24.	Analysis ofchanges			in net debt
									At
							At 1 Apr 2022 f	Cash flows f	31 Mar 2023
	Cash at bank and		in hand				685,462	119,293	804,755
	Debt due within one year						(2,130)	750	(1,380)
	Debt due after	one	year				(77,465)	1,121	(76,344)
							605,867	121,164	727,031
25.	Operating lease commitments
	The total future	minimum			lease payments	under	non-cancellable operating leases are as follows:
								2023	2022
	Not later than	1 year						226,342	254,012
	Later than 1 year and			not	later than 5years			260,090	290,736
	Later than 5years							255,850	307,810
								742,282	842,098