2022-03-31-accounts

			Contents
Reference and Administrative		Details
Trustees' Report				2to9
Statement ofTrustees'	Responsibilities			10
Independent Auditors'	Report			11to 14
Statement of Financial	Activities			15to 16
Balance Sheet				17
Statement ofCash Flows				18
Notes to the Financial	Statements			19to33

				Young Somerset	Young Somerset	Young Somerset
			Reference and Administrative					Details
Chief Executive Officer				Mr N Harwood
Trustees				Mr SG Rance
				Mrs JSBiggs
				Ms P AJudge
				Mr D C Elstone
				Mrs CTough
Secretary				Mrs VTrebilcock
Charity Registration		Number		1070693
Company	Registration		Number	03363009
				The charity is incorporated				in England	and Wales
Registered	Office			Unit 2
				Suprema Estate
				Edington
				8ridgwater
				Somerset
				TA7 9LF
Auditor				Four Fifty Partnership			Limited
				Chartered Accountants			&	Registered	Auditors
				34Boulevard
				Weston-super-Mare
				Somerset
				BS231NF
Bankers				The Co-operative		Bank	p.l.c.
				No 2 Cathedral	Square
				The Cloth market
				Newcastle upon	Tyne
				NE1 1EE

				Unrestricted	Restricted	Total
				funds	funds	2022
			Note	E	E
Income and Endowmenb		from:
Donations and legacies			4	2,334,169	140,947	2,475,116
Other trading activities			5	10,398		10,398
Total income				2,344,567	140,947	2,485,514
Expenditure on:
Raising funds				(55,491)	(13,363)	(68,854)
Charitable activities			6	(1,991,536)	(144,706)	(2,136,242)
Total expenditure				(2,047,027)	(158,069)	(2,205,096)
Net income/(expenditure)				297,540	(17,122)	280,418
Transfers between	funds			(21,767)	21,767
Net movement in funds				275,773	4,645	280,418
Reconciliation offunds
Total funds brought	forward			160,059	7,380	167,439
Total funds carried	forward		20	435,832	12,025	447,857

			Young Somerset	Young Somerset
Statement of		Financial	Activities forthe Year Ended		31March 2022
(Including Income	and Expenditure		Account and	Statement ofTotal Recognised		Gains and
			losses)
			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		20	160,059	7,380	167,439

	Balance Sheet asat31	March 202	2
			2022	2021
		Note	f	6
Fixed assets
Tangible assets		13	79,392	53,974
Current assets
Stocks		14	8,077
Debtors		15	297,444	162,764
Cash at bank and in hand		16	1,112,628	383,968
			1,418,149	546,732
Creditors: Amounts	falling due within one year	17	(1,049,684)	(433,267)
Net current assets			368,465	113,465
Net assets			447,857	167,439
Funds ofthe charity:
Restricted			12,025	7,380
Unrestricted			435,832	160,059
Total funds		20	447,857	167,439

		Unrestricted	Restricted	Total
		funds	funds	funds
		f	E	E
Donations and legacies;
Incoming resources from Government	and
Other Public Authorities Donations		2,167,147 890	81,782	2,248,929 890
Other Income Incoming resources from Charitable		54,945		54,945
Organisations		111,187	59,165	170,352
Total for 2022		2,334,169	140,947	2,475,116
Total for2021		22,474	1,717,200	1,739,674

5 Income from other trading activitie	s
		Unrestricted	Total
		funds	funds
			E
Trading income;
Shop income from sale ofpurchased	goods	10,398	10,398
Tota Ifor 2022		10,398	10,398

				Unrestricted	Restricted	Total
				funds	funds	funds
			Note	E	E	E
Youth services				104,800	5,489	110,289
Depreciation,	amortisation	and
other similar	costs			15,769	11,374	27,143
Grant funding	ofactivities			33,361	24,996	58,357
Staffcosts				1,787,346	102,847	1,890,193
Governance	costs			50,260		50,260
Total for 2022				1,991,536	144,706	2,136,242
Total for2021				13,776	1,428,756	1,442,532

Net incomin	g resources for the year include:
		2022	2021
		E
Audit fees		5,904	5,053
(Profit)/loss	on disposal offixed assets held for the charity's
own use		(858)
Depreciation	offixed assets	28,001	6,922

The aggregate payroll costs were as follows:
	2022	2021
	E	f
Staff costs during the year were:
Wages and salaries	1,578,813	1,064,929
Social security costs	133,963	90,261
Pension costs	42,724	29,424
Other staff costs	1,104	3,280
	1,756,604	1,187,894

13Tangible fixed assets
	Furniture
	and	Motor
	equipment	vehicles	Total
	E
Cost
At 1April 2021	46,730	86,805	133,535
Additions	53,419		53,419
Disposals		(41,705)	(41,705)
At31March 2022	100,149	45,100	145,249
Depreciation
At 1April 2021	16,335	63,226	79,561
Charge for the year	20,141	7,860	28,001
Eliminated on disposals		(41,705)	(41,705)
At31March 2022	36,476	29,381	65,857
Net book value
At 31March 2022	63,673	15,719	79,392
At 31March 2021	30,395	23,579	53,974

	2022
	E
	8,077
2022	2021
	E
222,239	140,514
42,475	17,855
32,730	4,395
297,444	162,764

16Cash and cash equivalents	16Cash and cash equivalents	16Cash and cash equivalents
			2022	2021
			E
Cash on hand			694	331
Cash at bank			1,111,934	383,637
			1,112,628	383,968
17Creditors: amounts		falling due within one year
			2022	2021
			E	F.
Trade creditors			318,589	280,809
Other taxation	and social security		40,810
Other creditors			9,168
Accruals			26,287	13,912
Deferred income			654,830	138,546
			1,049,684	433,267

Total future minimum lease payments unde follows:	r non-cancellable operating le	ases are as
	2022	2021
		E
Land and buildings
Within one year	10,563	8,563
Between one and five years	41,250	52,250
	51,813	60,813
Equipment
Between one and five years	2 133	9,253

20Funds
			Balance at				Balance at
			1April	Incoming	Resources		31March
			2021	resources	expended	Transfers	2022
					E	E
Unrestricted funds
Unrestricted funds
General fund			160,059			(6,695)	153,364
Social Enterprise				29,108	(70,963)	50,000	8,145
RAISE				10,750	(16,223)	10,000	4,527
Alternative Learning
Provision				96,344	(103,906)	10,000	2,438
Youth Work Team				149,862	(190,962)		(41,100)
Wellbeing				1,167,737	(1,087,923)	(86,483)	(6,669)
EMHP				890,766	(577,050)	(208,589)	105,127
			160,059	2,344,567	(2,047,027)	(231,767)	225,832
Designated
Designated Fund						210,000	210,000
Total unrestricted	funds		160,059	2,344,567	(2,047,027)	(21,767)	435,832
Restricted funds
National Foundation		for
Youth Music			7,380	45,033	(56,876)	4,463
Social Enterprise				13,363	(13,363)
RAISE				5,833	(5,833)
Alternative Learning				13,767	(13,767)
Youth Work Team				17,557	(19,576)	2,019
Wellbeing				32,345	(40,551)	11,483	3,277
EMHP					(3,589)	3,589
Skills Development				13,049	(4,514)	213	8,748
Total restricted funds			7,380	140,947	(158,069)	21,767	12,025
Total funds			167,439	2,4&5,514	(2,205,096)		447,857

		Balance at				Balance at
		1April	Incoming	Resources		31March
		2020 E	resources	expended f	Transfers E	2021 E
Unrestricted funds
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 funds		35,381	1,717,199	(1,428,755)	(316,445)	7,380
Total funds		(124,566)	1,739,673	(1,447,668)		167,439

21Analy	sis ofnet assets between	funds
				Total funds
		Unrestricted		at31March
		funds	Restricted	2022
		E	f	E
Tangible	fixed assets	61,499	17,893	79,392
Current	assets	1,398,585	19,564	1,418,149
Current	liabilities	(1,024,252)	(25,432)	(1,049,684)
Total net assets		435,832	12,025	447,857

				Total funds
		Unrestricted		at 31March
		funds f	Restricted E	2021 f
Tangible Current Current	fixed assets assets liabilities	29,354 186,990 (56,285)	24,620 359,742 (376,982)	53,974 546,732 (433,267)
Total net assets		160,059	7,380	167,439