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|Reference and Administrative
Details|Reference and Administrative
Details||
|---|---|---|
|Trustees'
Report||2to 10|
|Statement ofTrustees'|Responsibilities||
|Independent
Auditors'|Report|12to 15|
|Statement of Financial|Activities|16to 17|
|Balance Sheet||18|
|Statement of Cash Flows||19|
|Notes to the Financial|Statements|20to 33|
##
||||Reference and Administrative|Reference and Administrative|Reference and Administrative|Reference and Administrative|Reference and Administrative|Details||
|---|---|---|---|---|---|---|---|---|---|
|Chief Executive Officer||||Mr N Harwood||||||
|Trustees||||Mr SG Rance||||||
|||||Ms J S Biggs||||||
|||||Mr D C Elstone||||||
|||||Mrs CTough||||||
|||||Mr RTurner||||||
|||||Mrs S Noyce||||||
|||||Mrs M Forkes||||||
|||||Mrs 1Loveday||||||
|||||Mrs E Bashford||||||
|||||Miss L I-lolland||||||
|Secretary||||Mrs V Trebilcock||||||
|Charity Registration||Number||1070693||||||
|Company|Registration||Number|03363009||||||
|||||The charity is incorporated||||in England|and Wales|
|Registered|Office|||Unit 2||||||
|||||Suprema
Estate||||||
|||||Edington||||||
|||||Bridgwater||||||
|||||Somerset||||||
|||||TA7 9LF||||||
|Auditor||||Four Fifty Partnership|||Limited|||
|||||Chartered
Accountants|||&|Registered|Auditors|
|||||34 Boulevard||||||
|||||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||||||
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|||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|2023|
||||Note|E|E||
|Income and Endowments||from:|||||
|Donations
and legacies||||3,196,048|33,466|3,229,514|
|Other trading activities||||16,465||16,465|
|Total income||||3,212,513|33,466|3,245,979|
|Expenditure
on:|||||||
|Raising funds||||(97,373)||(97,373)|
|Charitable
activities||||(2,900,936)|(47,215)|(2,948,151)|
|Total expenditure||||(2,998,309)|(47,215)|(3,045,524)|
|Net income/(expenditure)||||214,204|(13,749)|200,455|
|Transfers between|funds|||(10,472)|10,472||
|Net movement
in funds||||203,732|(3,277)|200,455|
|Reconciliation offunds|||||||
|Total funds brought|forward|||435,832|12,025|447,857|
|Total funds carried|forward||20|639,564|8,748|648,312|
##
|||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|2022|
||||Note|E|E|E|
|Income and Endowments||from:|||||
|Donations
and legacies||||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||||(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|
##
##
||Balance Sheet as at 31|March 2023|||
|---|---|---|---|---|
||||2023|2022|
|||Note|6|6|
|Fixed assets|||||
|Tangible assets||13|75,174|79,392|
|Current assets|||||
|Stocks||14|5,468|8,077|
|Debtors||15|139,086|297,444|
|Cash at bank and in hand||16|943,671|1,112,628|
|||||1,418,149|
|Creditors: Amounts|falling due within one year|17|(515,087)|(1,049,684)|
|Net current assets|||573,138|368,465|
|Net assets|||648,312|447,857|
|Funds ofthe charity:|||||
|Restricted|||8,748|12,025|
|Unrestricted|||639,564|435,832|
|Total funds||20|648,312|447,857|
##
##
|State|ment ofCash Flows f|orthe Yea|r Ended 3|1March 2023||
|---|---|---|---|---|---|
||||Note|2023
E|2022f|
|Cash flows from operating
activities||||||
|Net cash income||||200,455|280,418|
|Adjustments
to cash|flows from non-cash|items||||
|Depreciation||||37,250|28,001|
|(Profit)/loss
on disposal offixed assets held||for the||||
|charity's
own use|||||(858)|
|||||237,705|307,561|
|Working capital adjustments||||||
|Decrease/(increase)|in stocks||14|2,609|(8,077)|
|Decrease/(increase)|in debtors||15|158,358|(134,680)|
|(Decrease)/increase|in creditors||17|(147,835)|100,133|
|(Decrease)/increase|in deferred
income|||(386,762)|516,284|
|Net cash flows from|operating
activities|||(135,925)|781,221|
|Cash flows from investing
activities||||||
|Purchase oftangible|fixed assets||13|(36,650)|(53,419)|
|Sale oftangible fixed|assets|||3,618||
|Proceeds on disposal|offixed assets||||858|
|Net cash flows from|investing
activities|||(33,032)|(52,561)|
|Net (decrease)/increase
in cash and cash equivalents||||(168,957)|728,660|
|Cash and cash equivalents
at 1April||||1,112,628|383,968|
|Cash and cash equivalents
at 31March|||16|943,671|1,112,628|
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|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||E|E|E|
|Donations
and legacies;|||||
|Incoming resources from Government|and||||
|Other Public Authorities||3,094,842||3,094,842|
|Donations||8,449||8,449|
|Other Income||4,055||4,055|
|Incoming resources from Charitable|||||
|Organisations||88,702|33,466|122,168|
|Total for 2023||3,196,048|33,466|3,229,514|
|Total for 2022||2,334,169|140,947|2,475,116|
|5 Income from other trading activities|||||
||||Unrestricted|Total|
||||funds|funds|
||||E|E|
|Trading income;|||||
|Shop income from sale ofpurchased|goods||16,465|16,465|
|Total for 2023|||16,465|16,465|
|Total for 2022|||10,398|10,398|
##
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||||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|
|||||Note|E|E|E|
|Youth services|||||328,111|2,000|330,111|
|Depreciation,||amortisatlon|and|||||
|other similar|costs||||37,249||37,249|
|Grant funding||ofactivities|||20,657|5,000|25,657|
|Staff costs|||||2,414,146|40,215|2,454,361|
|Governance|costs||||100,773||100,773|
|Total for 2023|||||2,900,936|47,215|2,948,151|
|Total for 2022|||||1,991,536|144,706|2,136,242|
##
|7 Analysis|ofgov|ernance
|and support costs|||
|---|---|---|---|---|---|
|||||Unrestricted|Total|
|||||funds|funds|
|||||E|E|
|Audit fees||||6,888|6,888|
|Legalfees||||92,175|92,175|
|Other governance||costs||1,710|1,710|
|Total for 2023||||100,773|100,773|
|Total for 2022||||50,260|50,260|
|8
Net incoming/outgoing|||resources|||
|Net incoming|resources for||the year include:|||
|||||2023|2022|
|||||E|E|
|Audit fees||||6,888|5,904|
|(Profit)/loss|on disposal offixed assets held for the charity's|||||
|own use|||||(858)|
|Depreciation|offixed assets|||37,249|28,001|
##
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|10Staff costs
The aggregate
payroll costs were as follows:|||
|---|---|---|
||2023|2022|
||E|E|
|Staff costs during the year were:|||
|Wages and salaries|2,158,382|1,578,813|
|Social security costs|188,582|133,963|
|Pension costs|57,573|42,724|
|Other staff costs|96,515|1,104|
||2,501,052|1,756,604|
|employed
by the charity during the year ex|pressed
as full time equivalents|was|as follows|:|
|---|---|---|---|---|
||2023||2022||
||No||No||
|Youth workers||16||14|
|Health &Wellbeing||43||37|
|Management||12||12|
|Other||17||10|
|||88||73|
|ing
bands|was:|
|---|---|
|2023|2022|
|No|No|
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|13Tangible fixed assets|||||
|---|---|---|---|---|
||Furniture
and||||
||equipment|Motor|vehicles|Total|
||E||E|E|
|Cost|||||
|At 1April 2022|100,149||45,100|145,249|
|Additions|36,650|||36,650|
|Disposals|(4,648)|||(4,648)|
|At 31March 2023|132,151||45,100|177,251|
|Depreciation|||||
|At 1April 2022|36,476||29,381|65,857|
|Charge for the year|32,010||5,240|37,250|
|Eliminated
on disposals|(1,030)|||(1,030)|
|At 31March 2023|67,456||34,621|102,077|
|Net book value|||||
|At 31March 2023|64,695||10,479|75,174|
|At 31March 2022|63,673||15,719|79,392|
|14Stock|||||
|||2023||2022|
|||E||E|
|Stocks|||5,468|8,077|
##
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|15Debtors||||||
|---|---|---|---|---|---|
|||||2023|2022|
|||||E|E|
|Trade debtors||||39,663|222,239|
|Prepayments||||99,256|42,475|
|Other debtors||||167|32,730|
|||||139,086|297,444|
|16Cash and cash equivalents||||||
|||||2023|2022|
|||||E|E|
|Cash on hand||||695|694|
|Cash at bank||||942,976|1,111,934|
|Cash and cash equivalents||in statement|ofcash flows|943,671|1,112,628|
|17Creditors: amounts|falling due within||one year|||
|||||2023|2022|
|||||f|E|
|Trade creditors||||155,702|318,589|
|Other taxation and social||security||53,891|40,810|
|Other creditors||||37,426|9,168|
|Accruals|||||26,287|
|Deferred income||||268,068|654,830|
|||||515,087|1,049,684|
##
|Total future
minimum
lease payments
under no|n-cancellable
operating
leases a|re as follows:|
|---|---|---|
||2023|2022|
||E|E|
|Land and buildings|||
|Within one year|7,155|10,563|
|Between one and five years|30,250|41,250|
||37,405|51,813|
|Equipment|||
|Within one year|533||
|Between one and five years||2,133|
||533|2,133|
##
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|20Funds||||||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
||||Balance at 1|Incoming|Resources||31March|
||||April 2022|resources|expended|Transfers|2023|
||||E|E|f|E|E|
|Unrestricted|funds|||||||
|Unrestricted|funds|||||||
|General fund|||153,364|139,949|(114,432)|(18,000)|160,881|
|Socia I Enterprise|||8,145|21,086|(87,515)||(58,284)|
|RAISE|||4,527|21,025|(34,866)||(9,314)|
|Alternative|Learning|||||||
|Provision|||2,438|314,205|(283,513)||33,130|
|Youth Work|Team||(41,100)||||(41,100)|
|Wellbeing|||(6,669)|1,178,973|(1,031,941)|(10,472)|129,891|
|EMHP|||105,127|1,122,504|(1,028,428)||199,203|
|Targeted
Youth Support||||414,771|(417,614)||(2,843)|
||||225,832|3,212,513|(2,998,309)|(28,472)|411,564|
|Designated||||||||
|Designated|Fund||210,000|||18,000|228,000|
|Total unrestricted||funds|435,832|3,212,513|(2,998,309)|(10,472)|639,564|
|Restricted funds||||||||
|Restricted fund||||2,000|(2,000)|||
|RAISE||||9,975|(9,975)|||
|Alternative|Learning|||||||
|Provision||||6,314|(6,314)|||
|Skills Development|||8,748||||8,748|
|Wellbeing|||3,277|15,177|(28,926)|10,472||
|Total restricted funds|||12,025|33,466|(47,215)|10,472|8,748|
|Total funds|||447,857|3,245,979|(3,045,524)||648,312|
##
|||||||||Balance at|
|---|---|---|---|---|---|---|---|---|
|||||Balance at 1|Incoming|Resources||31March|
|||||April 2021|resources|expended|Transfers|2022|
|||||E|E|E|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|||||||||
|National
Foundation|||for||||||
|Youth Music||||7,380|45,033|(56,876)|4,463||
|RAISE|||||5,833|(5,833)|||
|Alternative|Learning||||||||
|Provision|||||13,767|(13,767)|||
|EMHP||||||(3,589)|3,589||
|Social Enterprise|||||13,363|(13,363)|||
|Youth Work|Team||||17,557|(19,576)|2,019||
|Skills Development|||||13,049|(4,514)|213|8,748|
|Wellbeing|||||32,345|(40,551)|11,483|3,277|
|Total restricted funds||||7,380|140,947|(158,069)|21,767|12,025|
|Total funds||||167,439|2,485,514|(2,205,096)||447,857|
##
##
|21Analy|sis ofnet assets|between
funds||||
|---|---|---|---|---|---|
||||||Total funds|
|||Unrestricted|||at 31March|
|||funds|Designated|Restricted|2023|
|||E|E|E|E|
|Tangible|fixed assets|70,239||4,935|75,174|
|Current|assets|821,248|228,000|38,977|1,088,225|
|Current|liabilities|(479,923)||(35,164)|(515,087)|
|Total net assets||411,564|228,000|8,748|648,312|
|||Unrestricted|||Total funds at|
|||funds|Designated|Restricted|31March 2022|
|||E|E|E|E|
|Tangible|fixed assets|61,499||17,893|79,392|
|Current|assets|1,188,585|210,000|19,564|1,418,149|
|Current|liabilities|(1,024,252)||(25,432)|(1,049,684)|
|Total net assets||225,832|210,000|12,025|447,857|