2021-03-31-accounts

Reference and Administrative Details	Reference and Administrative Details
Trustees' Report		2tog
Statement ofTrustees'	Responsibilities
Independent Auditors'	Report	10to 13
Statement of Financial	Activities	14to 15
Balance Sheet		16
Statement of Cash Flows		17
Notes to the Financial	Statements	18to 30

				Young Somerset	Young Somerset	Young Somerset
			Reference and Administrative					Details
Chief Executive Officer				Mr N Harwood
Trustees				Mr S6 Rance
				Mrs J SBiggs
				Ms N JWesterling
				Ms P AJudge
				Ms K Prosser
				Mr 0 CElstone
				Ms S C Hannay
				Mrs CTough
				Mr Scott SBurnett
Secretary				Mrs VTrebilcock
Principal	and Registered			Unit 2
Office				Suprema Estate
				Edington
				Bridgwater
				Somerset
				TA7 9LF
				The charity is incorporated				in England	and Wales
Company	Registration		Number	03363009
Charity Registration		Number		1070693
Bankers				The Co-operative	Bank		p.l.c.
				No 2 Cathedral Square
				The Cloth market
				Newcastle upon Tyne
				NE1 1EE
Auditor				Four Fifty Partnership		Limited
				Chartered Accountants			Jk	Registered	Auditors
				34Boulevard
				Weston-super-Mare
				Somerset
				BS231NF

				Unrestricted	Restricted	Total
				funds	funds	2021
			Note	E	E	E
Income and Endowments		from:
Donations and legacies				22,474	1,717,200	1,739,674
Total income				22,474	1,717,200	1,739,674
Expenditure on:
Raising funds				(5,137)		(5,137)
Charitable activities				(13,776)	(1,428,756)	(1,442,532)
Total expenditure				(18,913)	(1,428,756)	(1,447,669)
Net income				3,561	288,444	292,005
Transfers between	funds			316,445	(316,445)
Net movement in funds				320,006	(28,001)	292,005
Reconciliation offunds
Total funds brought	forward			(159,947)	35,381	(124,566)
Total funds carried	forward		19	160,059	7,380	167,439

				Unrestricted	Restricted	Total
				funds	funds	2020
			Note	E		E
Income and Endowments		from:
Donations and legacies			4	486,430	767,693	1,254,123
Other trading activities			5	633		633
Total income				487,063	767,693	1,254,756
Expenditure on:
Raising funds				(6,896)	(1,959)	(8,855)
Charitable activities				(287,046)	(855,052)	(1,142,098)
Total expenditure				(293,942)	(857,011)	(1,150,953)
Net income/(expenditure)				193,121	(89,318)	103,803
Transfers between	funds			(150,005)	150,005
Net movement in funds				43,116	60,687	103,803
Reconciliation offunds
Total funds brought	forward			(203,063)	(25,306)	(228,369)
Total funds carried	forward		19	(159,947)	35,381	(124,566)

	Balance Sheet asat31	March 2021
			2021	2020
		Note	f	g
Fixed assets
Tangible assets		13	53,974	4,536
Current assets
Stocks		14		3,263
Debtors		15	162,764	197,267
Cash at bank and in hand		16	383,968	181,344
			546,732	381,874
Creditors: Amounts	falling due within one year	17	(433,267)	(510,976)
Net current assets/(liabilities)			113,465	(129,102)
Net assets/(liabilities)			167,439	(124,566)
Funds ofthe charity:
Restricted			7,380	35,381
Unrestricted			160,059	(159,947)
Total funds		19	167,439	(124,566)

					2021	2020
			Note
Cash flows from operating activities
Net cash income					292,005	103,803
Adjustments to cash	flows from	non-cash items
Depreciation					6,922	2,032
					298,927	105,835
Working capital adjustments
Decrease in stocks			14		3,263	1,422
Decrease/(increase)	in debtors		15		34,503	(112,039)
(Decrease)/increase	in creditors		17		(63,217)	121,038
(Decrease)/increase	in deferred	income			(14,492)	59,238
Net cash flows from	operating activities				258,984	175,494
Cash flows from investing activities
Purchase oftangible	fixed assets		13		(56,360)	(6,568)
Net increase in cash	and cash equivalents				202,624	168,926
Cash and cash equivalents at 1April					181,344	12,418
Cash and cash equivalents at 31March					383,968	181,344
All ofthe cash flows	are derived	from continuing	operations	during	the above two periods.

			Unrestricted	Restricted	Total
			funds	funds	funds
			E		f
Donations and legacies;
Incoming resources from Government		and
Other Public Authorities				1,447,363	1,447,363
Donations			3,070	2,050	5,120
Other Income			8,504	76,301	84,805
Incoming resources from Charitable
Organisations			10,900	179,047	189,947
Grants, including	capital grants;
COVID support	grants			12,439	12,439
Total for2021			22,474	1,717,200	1,739,674
Total for 2020			486,430	767,693	1,254,123
5 Income from	other trading activities
				Unrestricted	Total
				funds	funds
				E
Tota Ifor 2021
Tota Ifor 2020				633	633

				Unrestricted	Restricted	Total
				funds	funds	funds
			Note	E	f	E
Youth services				4,741	243,059	247,800
Depreciation,	amortisation	and
other similar	costs			2,042	4,880	6,922
Staff costs				1,940	1,180,817	1,182,757
Governance	costs			5,053		5,053
Total for 2021				13,776	1,428,756	1,442,532
Total for 2020				287,046	855,052	1,142,098

Othersupport	costs
			Unrestricted	Total
			funds	funds
				E
Audit fees			5,053	5,053
Total for 2021			5,053	5,053
Total for 2020			6,611	6,611
8 Net incoming/outgoing		resources
Net incoming	resources for	the year include:
			2021	2020
			f	f
Audit fees			5,053	6,073
Depreciation	offixed assets		6,922	2,031

10Stafcosts The aggregate payroll costs were as follows:
	2021	2020
Staff costs during the year were:
Wages and salaries	1,064,929	762,244
Social security costs	90,261	50,037
Pension costs	29,424	19,065
Other staff costs	3,280	1,251
	1,187,894	832,597

		2021		2020
		No		No
Youth	workers		40		44
Other			10		7
			50		51

				2021	2020
				E	f
Audit	ofthe	financial	statements	5,053	6,073

13Tangible fixed assets
	Furniture
	and	Motor
	equipment	vehicles	Total
	E	E	E
Cost
At 1April 2020	15,657	62,825	78,482
Additions	32,380	23,980	56,360
Disposals	(1,307)		(1,307)
At 31March 2021	46,730	86,805	133,535
Depreciation
At 1April 2020	11,121	62,825	73,946
Charge for the year	6,521	401	6,922
Eliminated on disposals	(1,307)		(1,307)
At 31March 2021	16,335	63,226	79,561
Net book value
At 31March 2021	30,395	23,579	53,974
At 31March 2020	4,536		4,536
14Stock
		2021	2020
		E	6
Stocks			3,263
15Debtors
		2021	2020
Trade debtors		140,514	175,205
Pre payments		17,855	19,263
Other debtors		4,395	2,799
		162,764	197,267

16Cash and cash equi	valents
		2021	2020
		E
Cash on hand		331	279
Cash at bank		383,637	181,065
		383,968	181,344
17Creditors: amounts	falling due within one year
		2021	2020
		E
Trade creditors		280,809	334,881
Accruals		13,912	23,057
Deferred income		138,546	153,038
		433,267	510,976

Total future minimum lease payments unde follows:	r non-cancellable operating le	ases are a
	2021	2020
	E	E
Land and buildings
Within one year	8,563	10,258
Between one and five years	52,250
	60,813	10,258
Equipment
Between one and five years	9,253	14,236

19Funds
			Balance at				Balance at
			1April	Incoming	Resources		31March
			2020	resources	expended	Transfers	2021
			E	E	f		E
Unrestricted
Unrestricted	funds
General fund			(159,947)	22,474	(18,913)	316,445	160,059
Restricted
Restricted	fund		1,815		(1,815)
National Foundation		for
Youth Music			4,318	54,233	(51,171)		7,380
Youth Work Team				165,898	(167,831)	1,933
Wellbeing				909,120	(709,397)	(199,723)
EMHP				518,363	(412,368)	(105,995)
Skills Development				69,585	(86,173)	16,588
Detached	Youth Work		29,248			(29,248)
Total restricted			35,381	1,717,199	(1,428,755)	(316,445)	7,380
Totalfunds			(124,566)	1,739,673	(1,447,668)		167,439

Not	es to t	he Fi	nancial Statem	ents for the	Year Ended 3	1March 202	1
			Balance at				Balance at
			1April	Incoming	Resources		31March
			2019	resources	expended	Transfers	2020
			E	E
Unrestricted funds
Unrestricted funds
General fund			(203,063)	487,063	(293,942)	(150,005)	(159,947)
Restricted
Restricted fund			1,642	450	(277)		1,815
National Foundation		for
Youth Music			3,194	67,932	(66,808)		4,318
Cuckoo Meadow				11,294	(11,294)
Youth Work Team			598	233,163	(233,761)
Wellbeing			(30,740)	267,741	(367,680)	130,679
EMHP				127,288	(143,134)	15,846
Enterprise
Development	Fund			8,000	(11,480)	3,480
Detached Youth Work				51,825	(22,577)		29,248
Total restricted	funds		(25,306)	767,693	(857,011)	150,005	35,381
Totalfunds			(228,369)	1,254,756	(1,150,953)		(124,566)

				Total funds
		Unrestricted		at 31March
		funds	Restricted	2021
			E	f
Tangible	fixed assets	29,354	24,620	53,974
Current	assets	186,990	359,742	546,732
Current	liabilities	(56,285)	(376,982)	(433,267)
Total net assets		160,059	7,380	167,439
				Total funds
		Unrestricted		at31March
		funds	Restricted	2020
		E	E	E
Tangible	fixed assets	719	3,817	4,536
Current	assets	114,626	267,248	381,874
Current	liabilities	(275,292)	(235,684)	(510,976)
Total net assets		(159,947)	35,381	(124,566)