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|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||||||
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|||||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.||
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||||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|
##
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|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|
##
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##
|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)|
##
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##
|||||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)|