CHRYSALIS YOUTH AND COMMUNITY PROJECT
l A Company limited by guarantee I
UNAUDITED REPORT AND FINANCIAL STATEMENTS FOR
THE YEAR ENDED 31 OCTOBER 2023
Charity number
1066871
Company numbor
03448225

CHRYSALIS YOUTH AND COMMUNITY PROJECT
{ A company1Smit8d by guarant891
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023
Cont•nts
Pas•
Legal and AdminiStrat￿e Infom18tion
Roport oflhe Manag8ment Committee
Ind6wndènt Examinerfs Report
Stslement of Financial Actlwtle8
Balance Sheet
Not6s fomiiry part of the Financial Stslem8nts
10-17

CHRYSALIS YOUTH AND COMMUNITY PROJECT
REPORT OF THE MAMAGEMENT COMMITTEE FOR THE YEAR ENDED 31 OCTOBER 2023
Thg M8nwJemenl Commlttg9 presents ils unaudlted re￿rt Bnd flnand81 ¥tslements lor the y6ar ended
31st October 2023.
R•fernnce and Admln18trative Informatlon
Charfty Name '.
Chry8alis Yujth and Communlty Project
Charfty Registratbn Number:
1066871
Ccthpany Reglstration Nurnb8r'.
03448225
Register￿ Offic&:
Acllve Contre
stansfield Road
r8dale
Castleford
West Yorkshi
WF10 3UA
OFeratKJnal Addre88 .
Active Centre
Stansfield Road
Airedale
CasUefor(J
West Yorkshlre
WF10 3UA
Directors and Trustms
Mr Michael Thxon
Mr lan Kenne(ty
Mr Antony Ball
Mrs Joanno Murrydy
Mrs Joanna Poinlon
Ch8irnian
K•y S•nl¢r Staff
Mr Wl Kennedy
ChO&f Executive Officor
Reportlng Accountarts.
Haigh & Co. Grange Cott8g8, Wofflersley. Doncaster. DN6 9BW
Bankor8
NatsvesÈ Bank Plc. 3 Ropergate, Pontefract, WF8 1LH

CHRYSALIS YOUTH AND COMMUNITY PROJECT
REPORT OF THE MANAGEMENT COMMrrrEE FOR THE YEAR ENDED 31 OCTOBER 2023
STRUCTURE. GOVERNANCE AND PIANAGEMENT
Thè trustees, who are also directors of th8 charity for the purposes ol the Companies Act. pros&nl thtsir annual
repjrt and the unaudlted fin8neAal slalements for the year end8d 31 O¢tob9r 2023. This report has been propared
In oc¢ordanc8 with the Statement or Recommended Pr8ctic&'. Accounting and Reporting by Charities preparing
th8lr acc£Junts In accordance w7th the Flnancial Reporting StaThlard applicablè in the UK and Reput4ic of Ireland
{FRS 102} laffective 1st January 201 $1 and in accordance th tha Companies Act 2006.
Goveming Document
Chry8alls Youlh and Communty Project 1$ a r8glst9￿d Charity, constituted as a company limited by guarantee
and is therefore governed by a Memorandum and Artides of Assouafjon with the liability of members In the evw
of a winding up belng limited to £1 &ach. Th8 company was Incorporated on 10 O¢tober 1997.
Recrultm•nt and Appolntm•nt of Management Commlti••
The directors of the wmp8ny 81so charitytN8tees forthe purposes of charity law and under the company'$
Articles are kn¢)wn as member8 of the Management Commrttea. Under the requirements ofth8 Ntsmorandum
and Aruclos ofAssociation th8 membors of the Management Committee are el8cte(J to serve for a period of one
ygar aftervthi¢h they mu81 be reryelected at the next Annual G8ner81 Me8ting.
The Managemenl Committ09 comprises of members appointed by the Meth¢xli81 Church In collaboration ￿th tts
ecumènical partners, from local organisations. tundlThJ aggncies (by inwlationl, the Melhodi* Youth Officer,
individuals rep￿Sentir￿J the Alr￿ja￿ Community, young people in rn•mb8rship of the project elecled at the Annual
General Meetong by the members present and any oth&rs tha M8nagemenl Committ88 may con$idtrr appTopriale.
TN8t•o Inductlon and Tralnlng
The charity sees th8 r8cruitmenl, selgction and subsequent induthon of a new director as an opportunity lo Improvg
the eff8ctivan&8s of rnanagement of Chrysalls. Wh8n preparirvj lo recruit the board of dir￿lor$ undertake a"ski118
audt" to identify the skills, knowlèdgè and &xpori8nce required to pthm éff8¢tively, and whether there are any
skllls gaps.The LK)ard actively seek lo appoint new reenjitmènls from a wider range of agès and of soci81 and
economic backgrounds. Thè ¢harity provides a directorsjob description whl¢h highlights the directors responsibllities
along wlth an induction programme and pack whlch contains a copy of Chrysalis's key documents. The supporting
director meets the nevAy appolnlod dire¢tor Its di8cu&s inducton needs and to distribute key infomiation such as
th& govèming document, accounts, minutes. organisational chart$ and informatlon about Chrysalls's policies.
Rl8k Management
Th8 Iruste8s actively r9Vigw tho major ri8k8 thrch th8 charity faces on a re9ular basls and will continue to increase
res8rvgs whgrg necessary. combined an annual review of Ihg controls over key financial systems and ￿11
prowide sufficient resourc8s in thg event of adverse conditions. The trustees have 8180 examinell other operational
and busin&ss ri$k$ f8Cod by the charity and confimi that thay have 95tsblished systems to miugate the slgnificanl
sk¥. Intsmal control risks are minlmlsad by thè implementati¢)n of procedurès for aulhorisation of all transactions
and projects. Proce(lures are in place lo ensure compliance wth hèalth and safety of staff, volunteèrs, ¢li8nts and
visitors to the centre.

CHRYSAUS YOUTh AND COMMUNIry PROJECT
REPORT OF THE MANAGEMENT COMMITfEE FOR THE YEAR ENDED 31 OCTOBER 2023
Organlsatlonal PJtructure
The ¢h3rity h88 a Management Committee who meèt monthty and are responsible forthe str8teglc dlre¢lion and
polcy of the chartty. A monthly Chlef Ex8culive oificerf8 report and indI￿d￿81 so¢tion reports are presentsd and
actsd upon as necessary lo ensure Ihe charSty meets Its aims and objectives. The chiefexacuJv& officer oversees
the strategic development of thè projg¢t, whilst the centre and office rnanag¢rs deal with the day lo day
adminlstrafjon of thè charity. Other senior staff indude a compuier manager and a garage supeNlsor.
R•latod Partl08
In January 2006. ￿redale Comrnunty Tradlng l ACT l Llmited took control of Airedale Computèr Re¢yclSrvJ and
Airedale Car Cllnlc. This is a Subsidiary tr8dirrfJ cofflpany, reglstered company number 05371056 and commenced
lo tradtr on 1 November 2005. Chrysalis Youth and Communty Project 13 the sole member ofthe company Ythich
is a single member private limited company. 11 was 85tablished to develop an in¢orng to aid sustainability and
oversee and control Ils trading aclivrties in line with its aims and tsbje¢tive8. As stipulated in the Ajlcles of
A&8ociation of Airedale Community Tradlng l ACT l Limited, any profits shall be eovananted to the company knovm
a8 Chrysalis Youth and Community Project, regISte￿d company number 03448225 and registered charity numbèr
1066871 as and wh8n seen rrt by the (Jlre¢tors.
Obloctl￿a and Aetiviti•s for th? Publlc Benefit
The company's objectives are to promot8 the benefit of1he residents of th8 Yorkshire and Humber regions
{Ih8"area of benefft") in particular but not exclusively young péople, wilhoul distinction of rac&. sèx or t￿lItICal,
religious or other oplnlon, by associating the stalulory authorities, voluntary organisalions 8nd indiwduals in a
common effort lo provide educational, cullural, soclal. welfa￿, trainlng, recreational and leisure time f8dliti&$,
with the alm of improvSng the ¢ondltk)ns oflrfo for young people. The trustees ￿nfi￿ that they have refeThed to Ihe
guidance contsined in the Charity Comrnission's gongral guldance ¢)n public benefit when rew8wlThJ its aims and
objectives. The maln obj'èctives and 8ctiviti88 for the year conttnued to fo¢u$ on prowding youth faclllties for its
8roa and self sustsinability and self sufficaency. The ￿￿ncipal aspects through vthich publk bgnefft resulted from
the charity's aciivities during the y88r wer8..
The provision of discounted refvrbished ¢ompuler8 and consumables to the 98n8ral publi¢, indudirvJ a
valuable rec￿lIng collection Service within the community.
Th¢ provision of a lull garage rèpair service and MOT tssllng ststion lo tho general public and busin￿. al
discounted prices.
The provision of room hire facililies.
Achl•¥om•nts And P•rfomwn¢•
During 2022-2023 the Project startod to davelop the land behind the centra in orderto retum li b￿k into communtty
Usg, which has been delayed due to poor weather conditions and being let down by the contractors. Plans 8n(J an
application for fvnding was submitted for the levglling up grants worth £1.8 Milllon lo develop 8nd construct a family
bikè park. bul disappointingly these were Th)t approved aftar so much effort and ￿￿rk was put in by the team. Desp
another failed bid to construct new pr6mis8S thé Aired81e Community workshop cofttinugs lo grow and along wth the
communty allolmenls which continues to thrive we are looking at 8 continued expansion in partnershlp Grow
Wakefield.

CHRYSALIS YOUTH AND COMMUNtrf PROJECT
REPORT OF THE MANAGEMENT COMMIThEE FOR ThE YEAR ENDED 31 OCTOBER 2023
Financlal Rfjvlow
Thts Statement of FinancAal Activtbes shows a net decrease in fvnds of £12.123, of ¥thi¢h £36,636 Is attritsble lo
depreciatbon. Our reseN6s 81 the year end stand at £394,392. The levels of Income and exp&ndrture for this year and
last y8ar remain slrnilarwith no sfgnificant variations.
Prlncipal Fundlng Sourc
Our prfmary sources of income remain rentsl In¢ome and ¢ovenanted proffts from our Subsldiary Are(lal6 Communtty
Trading IACTI Llmlted, grants and donauons along being supported by our levels of resgNas.
R•serves Pali¢y
The present18vel of reserves is sufficient to run the proig¢1 for at loasl a pertod of six months. The dlr6ctors
trustses consid9r Ihg finandal poshton ofthe charlty to be satisfactory.
Pr￿% for Future PtrltxI¥
FundiThJ was grantsd to d8velop a basic motorcycle maintenance Project. utiliwng th& old garage space in the
project cenlre. This projocl will aim 10 8ttract young people involved in causing anti-￿la1 bahaviour rala￿ng lo the
se of motorblkès vthhin the community. An Outreach prolect Is being developed in a dl$u8ed shop In the centre
of the village to target community semces, by providing rnum$ and toddlers groups, OAP meelongs and a general
community drop in and ad￿ce eenlre etc. are also In the proc&ss of contsnulng to develop and utiltse the land
at the back of th¢ project centre into playing flelds and an a￿8 for community use.

CHRYSALIS YOUTH AND COMMUNITY PROJECT
REPORT OF THE hlANAGEMENT COMMITTEE FOR THE YEAR ENDED 31 OCTOBER 2023
Rospon$lbllltl•$ ol th• Management CommStt••rrrusto•s
Th8 trustag$ Ib%tho arg also diTecloT8 of Chrysalis Youth and Community Project for the purposes of company lawl
are responsible for preparing the Trustw, Rgport {incorpofating the directors. ￿port) and the ffin8n¢ial statements In
accordance wth appllcablè law and United Kingdom Accounting Standard$. including Financial Reporting Stsndard
102.. The Flnartc181 Rep(Yting siandard appliceble in the UK and R8public of Ireland (United Klngdom Generdlty
Accepted Accountlng Pracllcel.
Company law requlres the trustees to prgpare financial ststemenls for each flnanclal yearwhich give a true and fair
Vigw ofthe stslg of the affairs of the charltable company and of Its Incoma 8fKI expenditu￿ ofthe charitable company
for that period. In preparing thes& finan¢ig1 ststemenl8. the trustees ar8 requlrod lo..
. select suitable accounting pollci8s and thèn apply them consistentty,.
observe the methods and principles in the charities SORP:
make judgements and estimates that are ￿8$Onabl& and prudent.,
' state whether applicable UK ACCOUn￿n9 Stsndards have been followe(1. 8ubje¢t to any material
dopartures disdosed arKJ explained in the flnancial ststtrments, and
prepare the flnanclal slalemenls on the going concern basis unless It18 in8pproprfats to assume
that the charitable cornpany will conllnue In bu4n9SS.
The trustèès arè re8pon$ibl& for rnaintaining proper accounUng re¢ord$ %thich disclose wlh reasonablg a￿uracY
at any lime the financAal position of the eharitabla eompany 8nd enable them to ensure that the financial statements
comply wlh the Companigs Act 2006. They are also responsible for saf8gu8rding the assets of the charltablg
company and honce for taknng r&asonBble steps forth8 preVen￿n and detsction offroud 8nd other irregulaiittes.
m•m￿r8 of th• MwLagerr*nt Commltte•rrrust•O8
Members of the Man8gam8nt Committee. are directors for th8 purpose of company law and ttustees for the
purp)se of charity law. who served durin9 thè y&8r 8nd up lo the dale of this report ar8 $et on page 2.
In accordance wth company law. as thé ¢ompany'8 directors, we certify tt)at:
In so far as the Man8g8menl CommOtt8e is aware . th8re Is tw ￿levant audit info￿natIon of which
the charitable company'$ audltr)rs are unaware." and
The Management Committ88 have taken all the steps that they ought to havg taken In order to
make themselves awar8 of any r8lev8nl audit infomiation and to ostsbli5h that the charitws
8uditors are aware of that infomiation.
Ind•p8ndent Examln
Haigh & Co were appoinled a$ tho ¢harftsble ¢omp8nqs accountants and have eXPrw￿ theirwillirffJness to
contlnu& in th81 c8pa(ity-
Approval
Thls report Was approved by the Management Committee on 26th June 2024 and signed on its beha￿ by '.
Mr M Dixon
Director I Chalmian

CHRYSALIS YOUTH AND COMMUNITr PROJECT
INDEPENDENT EXAMINERS. REPORT TO THE TRUSTEES OF CHRYSALIS YOUTH AND COMMUMITY
PROJECT
I report lo the charlty truste88 on my examlnation of the accounts of thè company forthe year ended 31 October
2023, which a￿ set out on pa9e$ 8 to 17.
Rè8pon8lbllltl•• and basls of r8port
As thè charlV$ tru8ts&8 of the company l and also its directors for the purFx)se of company law } you are
iesponsible for the pr6paraUon of the accounts In accordance the ￿qUirements of the Companl&s Act 2LX16
Ilhe 2006 Act'l-
Hawng Salisfied mysalf that the accounts ()fthe company ar9 not requSred to be audlled under Part 16 of the 2006
Acl and ar& tslvJSble for independant examination, I r8POrt in resp8Ct of my examlnalioti of your charity's accounts as
Carried out under section 145 ofthe ch8rili8s Ad 2011 Ithe'2011 Act"). In canyng out my examination I have
fdlowad the Directions giv&n by th8 Charity Commission under se¢b"on 14515llbl ofthè 2011 Act.
Indep•nd•nt •x8mlnerfs r•port
I have completed my examination. I confimi that no matters have comg lo my attentSon In connection vAth the
examinauon giwn9 mg Cause lo believe..
1. 8¢counliro records were not kept in rèspect of the company as required by section 386 of th8 2006 Act., or
2. the accounts (k) not accord with those accountirKJ records", or
3. the accounts not ￿MplY with th8 a¢¢ounting requlremenls of 8edon 396 of the 2006 Act other than any
requirement that Ihe accounts give a Irue and fall, viow which Is not 8 matter consldered a8 part of an
indep8ndent 8xaminatk)n', or
4. Ihe accounts have nol beèn prepared in accordan¢& with the methods and prinaples of the Stalemont of
Re¢ommended pra¢tice for accounting and reporting by charfties lapplic8ble to charities preparfng their accounts
in accordanc8 with the Financlal Reporting Standard applicab18 in the UK and Republic of Irèland {FRS 10211.
I have no concems and ha￿ come across m otFw matters in connection wNh the examination to vthlch attentic
8houkJ be drawn Sn Ihls rèpxjrt in order to enable a proper undgf8tanding of Ihe accounts to be reached.
MRS W M HAIGH
HAIGH & CO
I FCCA
GRANGE COTTAGE, WOMERSLEY, DONCASTER. DN6 9BW
DATED 26th June 2024

CHRYSALIS YOUTH AND COMMUNITY PROJECT
STATEPAENT OF FINANCIAL ACTivmES FOR THE YEAR ENDED 31 OCTOBER 2023
Unrnstrl¢tsd R•strletod
Funds
Funds
Total
Funds
2023
Totsl
Funds
2022
Incom• and ondowments from:
Charitable activities
26.080
26,080
27.305
Other trading o¢llwlles
913
913
183
Invesbnents
1,184
1.184
103
Total
28.177
Ex￿n￿lture on:
Charitsblo actNdi88
58,296
31,799 90,095
86,937
Total
58,296
31.799
9Ct,095
86.937
l•xp•nditure)Ancom
130,1191 131,7991 161,9181
159,3481
Oth¢r rwni8•d gains
49,795
49,795
54,530
mov•mont In funds
19,676
131,7991 112,1231
14.8161
Reconclllatlon of h•n(ts..
Total funds broughl foM8rd
257.363
149,152 406,515
411,331
Total funds carrled for*ard
277.039
117,3S3 394,392
406,515

CHRYSALIS YOLrrH AND COMMUNIIY PROJECT
BALANCE SHEET AS AT 31 OCTOBER 2023
2023
2022
Not88
FIXED ASSETS
Tangible a88ets
10
137,093
170.741
CURRENT ASSETS
Stock
Debtors
Short temi deposlls
Cash at bank 8nd In hand
450
56,233
109.158
11
62.124
107.974
71,162
241.260
265 5D7
CREDITORS: AMOUNTS FALLING DUE
WIThIN ONE YEAR
12
5.486
NET CURREKf ASSETS
257.299
235,774
NET ASSETS
394,392
406 $15
FUNDS OF THE CHARITY
Unrestrict8d funds
Restricled funds
14
14
277,039
117,353
394.392
257,363
149,152
406.515
The notes on pages 10 10 18 fom part of thesg financial statements.
For the year ending 31 October 2023 the compay was enlitjed to exomptron from audit und9r Socllon 477 of
the Companles Act 2006 relating to sm811 companies.
The mambers have not requlred the ¢omp8ny lo obtain an aud￿ of its 8ccounls fortho year in question
in accordance wrth s&clion 476,
The diroclors acknovledge their respc>nsibilities for complOng %%ith lh8 requirements of th& A¢t
respect to accounting recoid8 and the preparation of accounts.
Th888 8¢counts have been prepared in accordanca wtth thtr provisions applS¢able to wnpanies subl8Ct
the small companies. regime.
Approved by thè M8nagem8nt Commlttee on 26th June 2024 and signsd on ils behalf by '.
Mr M Dlxon
Dlrnctor I Chairman

CHRYSALIS YOUTH AND COMMUNITY PROJECT
NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023
1. Accountlng Polld•¥
Chrysalls Youth and Community Project is a charltable company limited by guarante6 incorporated in England
and Wales. The register8d officg is Active Centre, Stsnsfigld Road. Airèdale, Ca8Ueford. West Yortshire, WF10
3UA.
Th6 principal accoun11ng poll¢les are summarised below. The 8ccounting pclicSes havg been applied con4slendy
throughout th8 year and in the precedirKJ year.
1.1 Basls of accountlng
These flnancial ststeThnls have be8n prgpared underth& historScal cKJst convention vthh items ￿c(￿nISe{l
at eA)St ortransaction value unless otherwise stated in th8 rglwnt nows) to these financi81 stslements.
The88 financial Stslements have been pfypared in accordancè the Statement of Ra¢0Mm￿d￿d Pracuce:
Accountsng and Rewtng by Charities preparing their accounts in accordancè vAth the Financial RepDrbng
Stsndard applicable In the UK and Republic of Ireland IFRS 1Q21 leffectfve 1 January 20151, with FRS 102
itself and thg Charltles Act 2011.
The charity constttutes a public benefft entity as defingd by FRS 102.
The finacial statements Bre prepared in 81eding. which Is the fvnctional currew of the company. Monetsry
amounts in these financial stslements a￿ round8d to the nearest £.
Atthg time of approving th8 fjnancial statements, trustees have a reosonable expectab'on that thg
company has adequate resour¢gS to contlnue in operational existence for the foreseeable future. Thus the
trustees conlinug lo adopt the golng ￿nCeM basis of accounting in preparing the financial statements.
In preparing thè a¢¢ounls, the twslees have ¢onsidgred whether in applying the accounting policies required by
FRS 102 and the Charities SORP FRS 102 the restalem8nt of comparative items was required. The trustees
have revthd the transactions and have detemlnèd that no amendment to the comparativ8 figures is requirtsd.
1.2 Fund accountlng
Unreslricled fund$ arg available for use at Ihe dIsCre￿On of the trustees in fiJrth8r8nce of the general
obj8clwes of the charity.
. Resth'cted fuThJs are subje¢t￿ to reStr￿￿OnS on thelr &xpgndilure imposed by thg donor.
1,3 Incom•
All incoming re$ourcg8 are included in the statement of financial activibes vthen th8 ¢h8rity is entitled
to the income and th8 amount can b& quantified wth reasonBble Accuracy. Thè followng specffi¢ tK)licies
are applied to particular catsgories of income '.
' Voluntsry income is received by way of donations and Is Indudgd in fvll in the Statement of Financial
Activllies whan recewable.
' Th8 value of services prO￿ded by volunttrars has not been Includ￿ in these accounts.
' Incom8 from charitable trading actlvty Is accounlecl forwhen eamed and is Shovm inclusive of VAT.
Inv8stment income is included when receivable.
. Incomlng resources from grants are re￿gnISed thgn thtr charity becomes uncon(lttionally entided to
the grant.
10

CHRYSALIS YOUTH ANO COMMUNITY PROJECT
NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR ThE YEAR ENDED 31 OCTOBER 2023
1A Expendlture
Expendlturè is recognised on an accwal ba￿8 a8 a liabilty is IAcurred, inclusive of any VAT and Is rgported
as part of the expondllur8 lo whlch It relates '.
' Ch8rilablg expenditure comprises those costs Incurred by the chaTty in th8 d&livery of its actfvhles
and services for rb bener￿laries. It Indudgs both costs that ¢8n be allocated direclly to such activities
and 1ho$8 ¢osts of an indlrèet nature necessary to support them.
For management reportlng and 8dmlnislrative purposes all costs for Staff salaries and rent payable thich
are ￿011Y athibutabl8 lo the charity's subsidiary. Alredale Communty Trading (ACT) Llmited, and have been
8XPgnded for by the charity on behalf of the subsidiary and recharged back to tho subsidiary in full have been
netted off in thes& ffinaTKial ststements $0 as lo eliminate the inflauon of th8 total income 8nd 8XPtndrture
ri9Lires.
1.5 Ptn8lons
The Charltable ￿MpanY mak8s contribulions to a pension scheme on behalf of its èmployees. Contrfbutions
payable lo this sch¢me are charged to the SOFA In th& pertod to whlch they relate.
1.6 Tanglble Ilx•d atssets
FIX￿ assets are staled at cosl16ss accumulated d8pwiation. The costs of minor addibons orth088
costing below £500 are not capitalised. Depre¢iation is provided at rates lo vrrite off the cost of each
ass81 over its 8XPOCtgd useful life as follthvs..
Leasehold Propety
Equipment.Flxtur88 and Fittings
Motor Vehicbs
49h and 10% pa on cost
20% pa on cost
25% reducing balance
Thè management ccthmiltse operate an annual pollcy reviw respect to Imp8lmiant of fixed as8els.
1.7 Debtors
Tradè and other debtors Bre rec(MJni8tid at the settlement amount after any trade discount offarad. Prepayments
are valued al the amunt prepaid net of any trade dS8(xyJnts due.
1.8 Cash at bank and In hand
Cash at bank and in hand are basic finan¢i818$5ets and inclLklg Cash in hand and deposils held al call vAth
banks.
1.9 Credltors and provislons
Cr8diloFS and provisions arg rgciyni8ed vthere Ihe chanty has a present obligation resutting from a past evttnl
that will probably rèsutt in the transfer of funds lo a third party and the amount due to $8td8 the obligation can
be measured or estimated reliably. Creditors and provlsiofts are nomially r8cogni8ed at thelr solyement amount
after all0¥￿n9 for any trade discounts due.
1.10 Fin•n¢ial Instrum•nts
The charity only has financial assets and financial li8bililies of a kind that qualify as baslc financial instruments.
Basoc financial instruments arè inilialty recognised at trans8Ction valu8 and subsgquenuy m¢asure(l al thelr
settlement value.
11

CHRYSALIS YOUTH AND COhlMUNITY PROJECT
NOTES FORMING PART OF THE FINANCIAL STATEMETrffi8 FOR THE YEAR ENDED 31 OCTOBER 2023
2. Incom• from:
Unr￿tri¢￿d R•$trfcted
2023
2022
To&il
Charitsble actlvlti•$
Rental incomè
Room Nrè
14.620
11.460
14.620
11.460
15.233
12.072
26.080
26,080
27,305
3. Income from:
Unr•strlctod R•8trlct•d
2023
Totsl
2022
Total
Other tradlng actlvltle8
Sundry income
913
913
183
Inv•stm•nt Incom•
Bank deposit inte¥est
1,184
103
4. Exp•ndlturn on..
Unrn$trl¢tsd Restrlet•d
2023
Total
2022
Total
Charliable actlvltlos
Adverbsing
Salarf¢s and p8nsions
Rates
Insurance
Llghl 8rHJ heat
Printing. postage and stallon8ry
Telephone and intemèt
Legal and professional fees
Audlt and accounkw fees
Consultancy f88s
Repairs and rengwals
Cthning
Bank charges
Equipment pur(1)88es { Adjuslad for stock I
Depreclauon
Sundry expenses
142
31,625
499
972
3,983
142
31.625
212
31,948
344
972
3.983
5,243
1,455
4.445
4,140
639
1.066
4.020
4,445
4.140
5,018
5.018
5.785
122
122
640
36.636
418
112
4.837
418
31.799
35.065
1.55B
58.296
31.799
90,095
86,937
12

CHRYSALIS YOUTH AND COMMUNITY PROJECT
NOTES FORMING PART OF ThE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023
5. Ixhor Rtcogni8•d Galn8111088•8}
Unro8trlct•d R•$trithd 2023
Total
2022
Total
Covenanted income
49,795
49,795
54.530
49,795
49.795
54,5
Covenantsd income represents the proflls which. as stipulated in the Articles of ASS(￿latIon ofAiredale
Communlty Trading l ACT l Limited. registered company number 05371056. are lo be covenanted at th8
dlscretion of the d1￿cto¥S to th8 company known 88 ChysalLs Youth and Community Project. registsred
company numbw 03448225 8nd registered charity number 1066871. Fof the year ended 31 October 2023
£49,79512022 £54,530) of proffts havg been covenanted to tho charity.
6. Nel Outgolng R￿Qur￿& for th• Y••r
2023
2022
08pr8¢iation
Audri and accountancy fees
36,63fj
4,140
35.065
4,020
7. Staff Costs and Numb•rn
No remuneration was pald to thè trus￿$ In the year, noi were any trustses. expgnses reimbursed. The
staff costs were as follows."
2023
2022
Wages and salaries
Social soeurity costs
Pension costs
32,036
12,1151
1,704
30.008
270
1,670
31.625
31,948
The average number of employees during the year, cakulatsd on the basis of full tlmg equlvalents, was
as follows '.
2023
Numbér
2022
Numbor
Manag8ment and admlnlstration
Key Management Personnel
21,994
21,633
13

CHRYSALIS YOUTH AND COMMUNrrY PROJECT
NOTES FORkqlNG PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023
7. Staff Costs and Numbers Contlnu•d
The ¢harfty oper8les a group personal pension plan for 112022- 11 employee and a defined contr¢buUon sil)ame for
the other employaè's and along with the employee's makes monthly contributions to the scheme. The totsl cost of
the contributions made by the chadty £1.70412022 £1,670). At 31 Oclobgr 2023, there wer8 balanc88 of
£4812022 £491 outstandlng.
8. Rel*od Party Tr4n8actk¥nB
During thè yèar the charity traded with Ajredalg Cornrnunity Trading l ACT l Limtted. for whlch the charfty is the
sole member of the company whreh is 8 single member privatè limited company. All the transactions were
conducted on a n(*mal ¢ornrneTcial basis.
2023
2022
Cov8nantgd profits
Year endèd 31 October 2022
Yèarended 31 October 2023
54,530
49,795
Inter Company Loan Balanco Repaid
9,159
Deed of Covenant R8paKI
5270
Salos
staff costs
Rent- Garage. CompLrters and EbAy
30.011
24,400
26,543
24,400
The balances outstanding al the year end wer8 Sales £4,443 {2022 £4,528} and covgnanled proffts £49,795
(2022 £54,54301.
There were no olhèr rg18led party transactions.
9. Taxatjt
A8 a charity, Chrysalis Youth and community Project18 8xempt from tax on income and gains fallirvJ ￿thIn
section 505 oftha Taxes Act 1988 or s256 of thè Taxation of Chargeable Gain$ Act 1992 to the extent that Ihese
are applied to its charilable objgcts. No tsx charges have arisen In the charity.
14

C14RYSAUS YOUTH AND COPIMUNITY PROJECT
NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023
10. Tangible Fixèd Assets
L•as•hold Equlpm•nt
Land and
Flxtur•s
BulldlngB
Fittings
Total
Cost
At 1 November 2022
Additions
Disposals
Al 31 O¢tt*)er 2023
816.440
147,822
2,988
964.262
2,988
816,440
150.810
967.250
L•as•hold Equipment
Land and
Flxtu
Bulldlng$
FlttSng8
Totsl
Accumulat•d depr•elation
Al 1 November 2022
Charge forthe yèar
Disposals
At 31 Ootober 2023
660.716
32.989
132.805
3.647
793,521
36,636
693,705
136.452
830.157
Net book value
Al 31 October 2023
122,735
14.358
137,093
At 31 October 2022
155.724
170,741
11. D•btors
2023
2022
Trade debtors
Prep8ymen18
Other debtors
Deed of covenant
4.602
1.720
116
49,795
5,423
1.425
746
54.530
58,233
62,124
12. Credltors: Amounts Falling Dug wSthln Ono Y•ar
2023
2022
Trade credftor8
Accruals and deferred income
T8xab'on and social securfty
Other Creilftors
1.097
3,229
1.207
2,675
1.072
3,268
1,146
8.208
5,486
13. Analyals of Net As8•t8 B•tw¢¢n Funds
Analy6is of Net Assets Between Fund- Cuff•nt Y•ar
G•n•ral Restrfcted
Funds
Funds
Total
Fund¥
Tangible fixèd 8S8018
Net assets
20,303 116.7
256,736
563
277,039 117,353
137.093
257,299
394,392
15

CHRYSALIS YOUTH AND COMMUNITY PROJECT
NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023
13. AnalyJls of Not A88•ts Botwoon Fund¥ Contlnued
Anal￿1$ of Net AB8ets Betwe8n Fund- Prfor Y•4r
G•n•ral ReBtrlctsd
Funds
Funds
Totsl
Funds
Tangible fixed assets
Net assets
22.152 148.589
235,211
563
257.363 149,152
170.741
235.774
406.515
14. Movement In Funds
Movement In Funds- Current Year
At 1 N¢vember
2022
Incomlng
Outgolng
R¢sources Resourc•s Transfers
At 31 O¢tcl)or
2023
Unre•trlcted funds
General res8rvg
257.363
77,972
58,296
277.039
Re8trlcied fund$
Capital grdnl
Income fund
129.244
19,908
18,570
13,229
110,674
8.879
TolalrestrKtedfunds
149,152
117.353
Total fund$
406.515
77,972
.095
394,392
pur￿¢8 ol R•8tricted Funds
c&￿tsIg￿nt."
This was grants received to finance the construction and fftbng out of a mLttti-purpo$e training,
recycling and communty garage fa¢llity for the community. All fixed assét &xpenditure from
tho capital project has been capitsllzed as property wthin the balance sheet. The only outyoiThJ
rgsources b￿ng allocated agalnst this fvnd is fr)r annual deprecia￿on ¢harge8.
IrKome fund..
This represented various grants r8c8rv8d %thich on the whol8 lunded the $818ries and any
specified capital expènditure relating to the fvnded projects. The only outgolrKJ resources being
allocated against this fund is for annual dapreciation charges.
16

CHRYSALIS YOUTH AND COMMUNITY PROJECT
NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023
14. Movoment In Funds Contlnu•d
Movèment In Fund8- Prlor Y•ar
At l NOveM￿r
2021
Incon￿n9
Outgolng
Resourc•8 R￿ourceS Tran$f•r8
At 31 October
2022
Unr•stri¢ted funds
General reserve
230.379
82,121
55,137
257.363
Rojtrlcted fvnd•
Capital grant
Income lund
147,814
33,138
18.570
13,230
129,244
19,908
Total reth'¢ted funds
180.952
31,800
149,152
Totsl funds
411,331
82.121
86.937
406,515
Purpo8•8 of Restrlct•d Funds
Caplt81 grant."
Thi$ was grants recelvgd to finance the construction and ffittlThJ out ofa mulli-purpts8e trainiw.
recycling and communty garagè facility for the community. All fixed asset eXpendrtU￿ from
the ¢apital project has been capitalized as property wiihin the balance sh¢et. The only outgolng
resources b8lng 811ocaled agalnsl Ihls fund is for annual depreciauon tharges.
In¢om8 funcl..
This represgnted vaiious grants rèceived which on the ¥thole fvnded the salaries and any
SP8crfig(I capital exp6nditure relating to the funded projects. Th& only outgoirrfJ rosources bdt¥J
allocated against this fvnd Is for annual depreciation ¢harg88.
15. FInan¢l￿ Commltments
At 31 October 2023 thg chaiity had total commf(ments of £20,CKJO12022 £30.0001 undeT non<atKdlable
operdling leases.
17