COMPANY REGISTRATION NUMBER: 03648122 CHARITY REGISTRATK)N NUMBER: 1072028 Youth Enquiry Service, Brixham Limited Company Limited by Guarantee Unaudited Financial Statements 31 March 2023 IIINIIIIII *ACJA173S* 2711212023 ¢(￿PANIEs H(￿lSE 32 WESTCOTTS Chartered accounlants Petitor House Nicholson Road Torquay Devon TQ2 ThD Youth Enquiry Service, Brixham Limited Company Limiied by Guarantee Financial Ststements Year ended 31 March 2023 Page Trustees. annual repyf lincorpjrating Ihe rjrectors. rewrtl Independent examinerfs repjrt to the trustees Stalemenl ol financial activities linduding inccKne and expenditure account) Statement ol linancial rA)silion 10 Notes to the financial 5talemen 11 The following pages do rM>l lorm part ot the finandal statements Detailed staternenl of h"nancial activities Notes lo the delailed statement of financial a¢tMties 27 Youth Enquiry Service, Brixham Limiled Company Limited by Guarantee Trusiees. Annual Report (Incorporating the Direciors, Report) Year ended 31 March 2023 The Iruslees. who are also the direclors lor the purwses of company law, present Iheir report and the unaudited financial statements of the charity lor the year ended 31 March 2023.. Reference and administrative details Registefed Charlty. name Youth Ermwiry Service, Brixham Limf(ed Charlty registralion nuffthr 1072028 Company registration number 03648122 Principal office and registered The Edge off ice Bolton Street Brixham Devon Ta5 9DH The Irnslees R A Snell M N Haffod A M Slemmer B E Stevens A Fl Tilley L P M￿￿hY K Grrfffth A Carlon l￿)￿)1n1ed 10 September 20221 (Relired 10 Septemt¢r 20221 (Retired 20 Septern￿r 20221 (Retired 22 July 20231 IApwinted 10 September 20221 (Apwinted 10 September 20221 IAFpJinled 21 May 2022} Cornpafty secrelary CGUY Independent examiner M D Crabtree IFCGA) Westcotts Chartered Accounfanls Petitor House Nicholson Road Torquay Devon TQ2 Youth Enquiry Service, Brixham Limited Company Limited by Guarantee Trustees, Annual Reporl (Incorporating Ihe Directors, Report) {ctinithueOJ Year ended 31 March 2023 Structure, governance rnanagemenl Governing document The charity is controlled by ils gJverniThJ document, memorandum and articles ol association and conslrtutes a company limited by guarantee as defined by the Companies Act 2006. Trustèes New Iruslees are appointed by advertising on our websf(e and on a volunteering website, we also approach people who are interested and committed to supwrting our charrty. Prospective 1rustees.are invf(ed to attend a trustee meeting as an observer, il they are interested in becorning a trustee the current trustees then go through an interview procedure. We have a tsijoklel that explains the iole and responsibilities of trustees. New truslees are mad8 aware ol their responsibilities. induding the sale management of the charity's assels and participation towards key decisions. upon tsir induction. Volunteers The average number ol volunteers who sUPPOrted the charity during this period were between 50 and 60. Roles and Responsibilities of Volunteers include.. Suppjrting the Mtjsic Project5 Charity Shop volunteering SupF(Jrting YES Charrty Events GenerJ.volunteering at The Edge Ilhe home of the charity) Food Bank support Risk managernenl The trustees have a duly lo identify and review the risks to which the charity is exp)sed and lo ensure appropriate controls are in place to provide reasonable assuran￿ against fraud and error. ObJectlve$ and acthillles Objedive of the charity is to create a welcoming and 5Utp)rtrve space where ol all aoes and all backgrounds can come logether to ueate oFyirttsnities. Our vision is for a vibrant Brixham, where everyone feels valued. connected and able lo live fullilled lives. We believe in doing things wth people and not for people. The trusteesfiave pad thJe regard to Ihe Charity Commission's guidance on public benefit. Youth Enquiry Service, Brixham Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating Ihe Directors, Report) (ttontthuod) Year ended 31 March 2023 Achlevements and pe￿orn￿nCe Charitable activities This has been a very busy year for the charty as we rebjilt the activities that had been put on hold during the pandemic and met the needs ol the local Feople who have been badly aftecled by Ihe sleep rise in the cost of INing. Brixham is in an area where wages are low aThJ employrnenl OPPOrtunilies scarce. Anxiety and Siress related problems have also been increagng as people try to make ends meet bul are finding the strain too hard lo cope with. These issues Ihen cause relationship problems and health problems for some of the peO￿e we are seeing come into YES. Our support workers have been helping F￿e with the follow'ng issues: Benefit checks Bills and finawal awareness 81ue badge applications Caiers allowance Cafe home fees Community care Council lax Debt and budgeting Devon Home Choice fegislration (online aFWicationsl Domestic a￿se issues Eviclion issues Employment education and trainirwJ "Energy and utility blls Food bank Government Gateway problems . Health issues Housing Housing benefit Job applications and help wth c.vs Pension queries P.l.P. claims Relationships and family issues Support lor refugees Universal Credit Wellbeing Work capatilily assessments Number ol Feople usirrfJ YES Brixham frorn the beginniTh3 01 April 20¥2 lo the end of March 2023: Client visits - 9,784 Individual clients - 2.894 Focxj parcels - 363 Visits lo the Communty Fridge (opened ai the of June 2022} - 1.121 Housing issues - 64 Benelits and fom filling - 212 Youth Enquiry Service, Brixham Limited Company Llmited by Guarantee Truslees. Annual Report (Incorporating the Directors, Report) f¢onlin￿l Year ended 31 March 2023 Achlevements and pertomianee (¢ontirn*d) Charitable activi1Ses (continuerfl During the months of MoveffltEr through to the end of March 2023 we opened the premises as a Wami Space I Warm Welcome Hub where peOp￿e could come lo socialise. have warm drinks, and or soup and lake part in any activities that were on offer. We had over 202 people use the premises lor this, and each visited the buikding on rnany C￿s1or￿. The Meet. Cook, Eat Inits"alive that we started last year to brirrfJ together those peoF4e who are feeling very isolated or are laciro problems ￿￿th their mental heahh continues lo be popular and well supported. We continue lo find Ihal food and rts preparation usually breaks down barriers that people have, and they relax as they together cook a meal which Ihey then share and offer to other people using the centre. Any p￿lOnS not eaten are either taken home or frozen io use in our bank. The Food Bank at YES conlinues to be in demand as Irxal people struggle with Iheir bills which are rising_ We are increasingly seeing people that are in low party work requesting food parcels in the third and fourth week of each month as they run out of rnC￿ey_ 11 is often hard lor these'people lo ask.lor help, and we hope that by getting funding lo open a Cornmunrty Fri(Sse that is accessible during our opening hours helps with this. The fridge and baskets ol vegetables. bread and other food rtems are housed in an area ol the t￿lI￿1r￿J that is easily accessible and has a separate enlrance. We get to￿1 from local businesses and supermarke15 donated to us and we have lound Ihat local peopl8 also add items they do noi need. YES. continues lo offer a Horne frorn Hospilat seNice to suky)rt people leaving hospital as they go back lo their homes. This helps to frée up hospital beds for other patients. The local Doctors surgeries also refer people lo us that. need supp)rt to slay in their hornes. Together wilh our Handy Person Service we are able lo help wrth moving furniture arouTrJ, pulting up rails lo aid access lo homes, repairing toilet seals, srnall DIY jobs and repars and sometimes heating focrfj or shoFvng. YES, Young Volunteers continued lo meet weekly and during the year they tcy)k part in litter picks and beach cleans locally. On litter picks they found the number of cigarette butts that were collected 10 be much higher than expected, on one litter pick we used a counter, and it registered 1,200 over a relatively srnall area. The Railway G￿den that was made by this group conlinues lo be aFpieciated by all ages of the cornmunily. and the young volunteers continue to maintain this during the year. weeding, watering, and planting as necessary. It won an outstanding award as part of Britain in Blc4)m and a Gold Award in Brixham in Bknm. The group again made srnall gifts to give out on a Random Acts ol Kindness day in the town of Brixham. They gave out 500 small gifts to peoKAe at the switching on of the Chrislmas lights. They then constru¢ted and delivered another free Christmas.Grotto lor the children of Brixham. We kept the booking system we had started last year as we found that il was much easier lo control the number of people going through the grotto at any given lime. The theme was Winter WorKlertaTrJ, and il look 542 volunteer hours lo construct. It had a wandering bark path meandering through a forest of Christmas trees. passing a reindeer, an igloo and a watertall before coming to where Santa sat in a Sleigh. We had 532 children visit the grotto and each received presenls, who were accompanied by adults lotalling 1.429. The young volunteers have cdlected crisp packets arKI are mthng them into blankets lo give to any homeless people that are in OUT lown. Youth Enquiry Service, Brixham Limited Company Limited by Guarantee Trustees. Annual Report (Incorporaiing the Directors, Report) (contknu8dJ Year ended 31 March 2023 Achievements and perfonnance (cOnt1Th￿ Charltsble actlvlties (conllnued) Activrties hdd at The Edge l YES Brixharn: Bereavement SuFport Gioup Brixttam Folk Club Circuit training Community Dance Digital Empowemienl Orumming Wortshop Meet Cook Eat Mental Heatth Suppjrt Group Music (two groups and one inler-generalional ￿e"for young people) Music Events (four yearl Trapeze Yoga Ukrwnian Support Group Yoga Young volunteers Music@TheEdgè During the past year 4.761 interactions with all strands ol the organisalion ol which 1,576 were regular participants. MuS￿TheEdge recorded 753 01 these ol which 592 inteiacbons were with regulars. We delivered three in-house live music events which have tjeen attended al capacity for our venue and which have included other musical projecl l organisalions indudirTrg Ihe 8rixham Folk Club, Quay Harn￿Y Choir. Tom Beattie, The Dar*side of Pink Ftyd and the Brixham Bell Ringers. Music@TheEdge.Ferfomed seven gigs al communrty events and has created five Music Videos. Music@TheEdge has been ￿"marity funded by The.People's Heatth Tnjsl and Ytwth Music. This fundirrfJ finishes in April 2023, Lkrt we have severd pe￿ling amlications for fulure funding. The project has been very well suFported by a volunteer team i￿luding a former partipanl ol the project who has volunteered consislenuy during Ihe lasl 12 months. ChaTity Shop The YES Charity Shop continues to lyiNJ in revenue for the Charity and is very much" valued in Ihe cornmunily. We have a bank ol volunteers and also have young people volunteering as part ol their Duke ot Edi￿￿￿rgh award and also pe¢¥Jle on community sefvice. The shop is valuable lor directing people needing support up lo"The Edge who may not olhefwise know whal YES offers. Makers Space This is situated in the charity shop and is a place for people lo lake part in workshops or groups offering craft aclivilies. There are oFportunities for people lo lake part in activities that are free lo access and include, sewing, mending. v￿ycling, beading, chess. and oiher crafts using materials and equipment that have been donated. Men's Sheds This group which meets atK)ve the charity sh¢)p continues lo be very active in repairing, making and refurbishing. The group meet from Monday to Saturday and as well as making and repairing things for the charrty shop or themselves. repair lools and sewrKJ machines lo send to Africa. Youth Enquiry Service, Brixham Limited Company Limiled byGuarantee Trustees. Annual Report (Incorporating Ihe Dlrectors. Report) (¢4nlln4•d) Year ended 31 March 2023 Stsff Wellbeing We have been aware thai our staff and volunleers are t￿Ing put under increasing pr￿Ure as the demand for our servi￿5 has increased. To guard the wellbeing of the staff and volunteers we have wrt in place opportunities for the team io relax and get IC4Jelher away from work. These away days have p¥oved invaluable in keepmng the team pjsilive and to logelher t￿ik1 a stronger worklorce. YES Homes We have had tenants in all our flats during this financial year. All the tenants are vulnerable in some way. We dm* have prcillems wth one tenant, Ixrt this was resolved. Ai present we have eight flats, three houses and tsvo small retail units Ihal are let out lo local P¢OFle. The value of the properties in September 2021 was £1.92M. Serlovs Incident Report The ChaTity had entered into a contract to purchase a redundanl doctorfs surgery adjacent to a prcpety already wlhin rts. porttolio with the aim of converting the space lo provkye further affordable accommodation. The terms ol the contract required a I¢y/o detKJ51t with the Temainder of the balance to be paid prior lo cornpletion. The funding package which was pul in place lor the remaining 9￿/c• could not com￿ete within the agreed dates and as a result the 10% Ikpx)sil and associated costs of purchase, amounting lo approximately £73,¢XIO, have teen lost. An independent review has been unde.rtaken to Kdenlity Ihe ways in which Ihe charity can protect itself from further exposure to loss. as if. follows its aspiration io increase provision of alfordable housing in the town. This review was undertaken by Mark Cotton C￿Su11anCy. The Venthrs of the property dKI not relain the full deposit and returned £14,3Tr) to the charily. The impact of this incident has been financial loss a￿1 increased stress levels lor the management team. This has resulted in reduced morale and worry as the sttualion unfolded. The trustees of YES Brixham are satislied that the actk)n taken in response to the incident has given them assurance that the incident was property managed arKI rep)rted lo the Charity Commission. As a result ol the lost money. YES Brixham trustees have told the YES Homes 8rixham CIC directors that they were not goirKJ lo look at registering as a Regislered Provider for Social Housing. YES Homes Brixham CIC was wc4JrKJ up on the 3rd January 2023. Flnancial review Total income received during the year was £368.327 12022 £360.9871 of which £1 ClJ,655 12022 - £46,089) related to donations and grants. The remaining £267,672 {2022 - £314,898) included trading activities, investments and other incoff*. Total expenditure was £423.381 {2022 - £445,583) ol whth £385,643 1£412,3971 was spent on charitable activities. Reserves The sum ot £1,272,144 {£1.327.198} remains in our funds. with unrestrirled funds of £765.171 12022 - £713,742) and restricted funds of £506,973 {2022 - £613.4561. The Injstees agree that we will aim to hold a minimum ol three months and a maximum of six months in reseNe, based on regular expenditure and this equates to approximate £96,0(YJ per quarter. The uJrrenl free reserves are £51,3951£66,177I, bul due lo the diverse income streams the trustees are confKJent that any shorttall would be met il rt was . required. We are conslantly looking for OPFrf)rtunities arKi unrestricted funding. allhough this is hard to find. We are also looking lo build More rental properties to generate more income and strengthen our sustainability- Youth Enquiry Service, Brixham Limited Company Limited by Guarantee Trustees, Annual Report (Incorporaiing the Dlrectors, Report) {contlnu8d) Year ended 31 March 2023 Plans for future periods During the coming 12 months Awil 2023 - March 2024 we plan to.IcN)k al further funding opportunities lor core lunding'including partnership working and increasing our delivery of projects lor the local aLrthority. We will continue lo look al ways ol supporting the wellbeing ol members ol ihe local cofflrnunily especially in these. limes of increasing loc¥J, energy and housirrtj cost5. Many ￿e0￿e in the local community are finding that they are financially not able to make ends meet and need help and SUFPOrt to become financially resiliefrt. Of equal importance is Ihe wellbeing of our staff and volunleers and we will continue lo keep their needs addressed. especially in regard to the iweased workload they are carrying as a resu￿ of ihe escalation in demand lor our services. Small CoMp￿Y provisions This feport has been pyepared in accordance wilh the wovtsions appltcable to companies entitled lo the small companies exemption. The trustees, annLo1 rewrt was appyoved on ......:. trustees by.. . and signed on behaw of the toard of R A Snell Trustee Youth Enquiry Service, Brixham Limited Company Limited by Guaranlee Independent Examiner's Report to the Trustees of Youth Enquiry Setvice, Brixham Limiled Year ended 31 March 2023 I report to the trustees on my examinatijn of the linancial statements of Youth Erwuiry. Seryice. Brixham Limtted I'the Charity'l for the year ended 31 March 2023. Responsibilities and basis ot report As the Irusiees of the company land also its directors for the purposes of company lawl you are responsible lor the preparation ol the linan¢ial statement5 in a¢¢ordance with the requiTements ol Ihe Companies Act 2(X)61'ihe 2006 Act'l. Having satisfied myself that the accounts of the company are not required to be aud¢ted under Part 16 of the 2006 Act and are eligible foi independent examination. I rewrt in respect of my exafflinalion of the charity's accounts as carried out under se￿10n 145 of the Charrties Act 2011 Ilhe 2011 Acl'l. In carrying ¢>Jt my examination I have followed the Oirections given by the Charrty Commission under section 14515llbl of the 2011 Act. Independent examiner's statement Since the charity's gross income exceeded £250.CKXJ your examiner musl be a member of a body listed in section 145 01 the 2011 Act. I confirn that l am qualrfied to undertake the examination because l am a member of the Institute ol Chartered Accwntants in England and Wales IICAEW), which is one of the listed bodies. I have completed my examination. I C￿lirM th* no matters have come to my attention in connection with the examination giving me Cause to believe.. accounting records were not kepl in re$￿t of chanty as required by section 386 of the 2CQ6 Act", or the financial statements do nol accord wrth those records., or the linanciai statements do not comply wrth the accounting requirements of section 396 of the 2006 Act other th.an any requiremenl that the accounts gwe a 'lrue and lairf view which is not a matter con5Klered as part of an independent examination- or the linanual statements have not been prepared in accordance with the methods and principles ol the Statement of Recommended Practice for accounting and reporting by charities applicable lo charities preparing their a¢¢ounls in accordar¢e with the Financial Rewrting Standard applicable in the UK and Reput￿1¢ of Ireland IFRS 1021. I have no concerns and have come across no other matters in connection with the examination lo which attention shoukl be drawn in this reFort in Q￿der to enable a proper underslanding ol the accounts lo be reached. D Crabtree (FCCA) Independent Examiner Westcotts Petitor House Nicholson Road Torquay Devon..T02 7TD 22/ii/&3 Youth Enquiry Service, Brixham Limited Company Limited by Guarantee Slatemenl of Financial Activities (including income and expenditure account) Year ended 31 March 2023 2023 Restricted funds Total lunds Total funds 2022 Unrestricted furKts Income and endowrnénts Donations and legacies Chafitable activities Other trading activities Investment income Other income 91.370 148.745 74.109 220 2.689 9.285 43.109 1(KJ,655 191.854 74,109 220 1,489 368,327 46,089 236,642 69,987 11.2001 51,194 8,269 360,987 Tolal Income 317,133 Expenditure Expenditure on raising funds.. Costs ot other trading actwilies Expenditure on charitable activities Totsl expenditure 10 11.12 37,738 278,774 316,512 37,738 385,643 423,381 33,186 412,397 106.869 1C6,869 445,583 Nel expenditure 621 155.6751 {55,054) 184,5961 Translers betsveen funds 150,8081 Other recogn1￿ gains and losses Other recognised gainslllosses) Net movement In lunds 272,972 188.376 51,429 1106.4831 {55,054) Reconciliation of funds Total funds brought tornard Total funds carried forward 713,742 613,456 506.973 1,327,198 1.271144 1,138,822 1,327,198 765.171 The statement of financial aclNilies includes all gains and losses recognised in the year. All income and expenditure derive from ￿ntInuing aCt￿ltieS. The notes on pages 11 to rJ l¢xm of these"Ilnancial st•iem*tts Youth Enqulry Service, Brixham Llmited Company Limited by Guarantee Statement of Financial Posilion 31 March 2023 2023 2022 Note . Flxed assets Tangible fixed assets 18 2.163.314 1.936,870 Current assets Debtors Cash al bank and in hand 19 19,110 58,470 77,580 25,219 89,706 114.925 Credilors: amounts falling due within one year Net cuirenl assets 26.185 48,748 51,395 1214.709 66.177 Total assels less ¢urrenl liabilities 2.￿3,047 Credltors: amounts falllng due after more than one year Net assets 21 942.565 67.5,849 1,327,198 1,272,144 Funds ot the ¢harity Restricted funds Unreslricled funds 506,973 765,171 1.272,144 613,456 713,742 Total charity funds 1.327,198 For the year ending 31 March 2023 the charily wa5 entitled lo exemption from audit under section 477 of the Companies Act 2006 relating io small companies. Directors. reswnsibililies: The mernters have not required the company lo obtain an audr( of its financial statements for the year in quesbon in accordance wf(h section 476- The diieclors acknowledge their resFonsibilities for comr4yirKJ with the requiremenls.of the Act with respect to accounting Tecor(ts aThJ the preparation of financial statement5. These financial statements have been prepared in accordance with the provisions applicats4e to companies subj'ect lo the small companies. regirne. These financial slalemenls were approved by the board of trustees and auihorised for issue on. , and are signed on behalf of the board by". R A Snell Twstee The n(kns on page$ 11 to fd foffli part ol tl*se finan¢lal slalem•nt$ 10- Youth Enquiry Service, Brixham Limited Company Limited by Guarantee Noies to Ihe Financial Staiements Year ended 31 March 2023 General informatio The charity is a wblic benefil entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of Ihe registered office is The E(JJe, Bolton Slreel, Brixham. Devon. TQ5 90H. Statement of compliance These financial slalernents have been prepared in com￿lance with FRS 102. The Financial Reporting Standard ap￿ICable in the UK and the Republic of Ireland,. the Sialement of Recommended Practice applicable lo charities preparing Iheir accounts in accordance with the Financial ReFM)rting Standard aFplicaNe in the UK and Rewblic ol Irdand IFRS 1021 (Charities SORP IFFIS 1021) the Companies Aca 2CQ6. Accounting polioes Basss of preparatio The financial slalements have been prepared on the historical cost basis. as modifi'ed by Ihe revaluation of certain financial assets and liabilities measured al fair value Ihrough incotne or expenditure. The financial statements are prepared in steding, wh￿h is Ihe functional currency ol the entity. Golng con¢em There are no material uncertainties a￿ul Ihe charity's ability lo continue, as there are sufficient Iree reserves and own a wrtlolio ol properties. Dlxlosure exemptions The entity satisfies Ihe criteria a qualitying entty as defined in FRS 102. As such, a(Jvanlage has been taken of the I￿lOWIng disclosure exemptions available under paragraph 1.12 ot FRS 102.. lal No cash tlow statement has ￿en presented for the company. Ibl Disc105ures in resFecl of financial instruments have not teen presented. Judgements and key sources of estimation uncertainty The preparation of the hnancid slatemenls requires management to rnake judgemenis, estimates and assurnplions that affe¢1 the amounts reported. These estimates and judgements are conlinually reviewed and are based on experience and other factors, including expectations ol . - future events that ￿e t*lieved lo be reasonable under the circumsiances. Accounting eslimaies and assumptions are made conceming the future and. by Iheir nature. will rarely equal the related actual out¢ome. Cash and cash equivalents Cash is represented by cash in hand and deposrts Nwth financial institthions repaYa￿e without penalty on notice of more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than Ihree months from Ihe date ol acquisits.on and that are readily convertible lo known amounts ot cash with insignilicanl iisk of change in value. Youth Enquiry Service, Brixham Limited Company Limited by Guaranlee Notes lo the Financial Slalemenls fconlinuld) Year ended 31 March 2023 Accounting polldes {£t%th￿d) Fund accounting Unrestricted funds are aVaila￿e for use at the discretion of the truslees to further any ol the charily's purposes. Designated funds are unrestricted funds eamarked by. the tru*ees for particular future project or commitment. Reslricled funds are sutl'ecled lo reslrictions on Iheir expendilure declared by Ihe donor or through the terms ol an aweal. and Idl into one ol tt¥o SU￿classes.. reStr￿ted income funds or endowment funds. Incomlng resources All incoming resources are included in the slalement of"linancial activities when entitlement has passed to the charity: ((. is probats4e Ihal the economic iEnefils associaled with the transaction will flow to the charity the amount can be reliably ffleasured. The tollowng specilic wlicies are applied to Part￿Ular categories of irwme.. income from donalions or grant5 is reccgnised when there is eviden￿ of entitlement to the gift, receipt is probaUe and its amount can be measurecl reliably. legacy InC￿e is recognised when receipt is prOba￿e and enlillement is established. income from donated goods is measured at the fair value of the" goods unless this is impractical to measure retiabSy, in which case the value is dwived from the cost to the donor or the eslirnaled resale value. Donated facilities and seNices are recognised in the accounts when received il the value can be reliably measur￿. No ainounts are i￿luded for the contribution ol general volunteers. income Irom contracts lor Ihe surth of services is reccgnised with the delivery of the contracted seNi¢e. This is classified as unrestricted funds unless there 15 a Conlraclual requirement lor it lo be spent on a part￿lar wrpose arbj retumed rf unspent. in which case it may be regarded as restricted. Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannol be fulty re￿Vered, and is classified under headings ol the statement ol finanual activities lo whtch tt relates-. exFendilure on r&sing funds includes the costs of all funthaising actiwties, events, non- charitable trading aclivilies, and the sale of donated gc£¥Js. expenditure. on chaTitable actrvities in¢ludes all costs incurred by a charity in undertaking aclivilies that further ils chartlable aims lor the ￿nerrt ol ils ￿enefIcIarieS. including those supEx)rt costs and costs relating lo Ihe govemance of the Charity apF*)rtioned lo charitat￿e aclivilies. other expenditure includes all expenditure Ihat is netther related to raising funds for the charty nor part ol its exFendilure on charilable activities. All costs are allocated lo expenditure categories reflecliro the Use ot the resource. Direct costs attributable lo a single activity are allocated direclly to that activity. Shared ¢osts are apportioned between the aclivriies Ihey contribute lo on a reasonable, jus1rflat￿e a￿1 consistent basis. 12- Youth Enquiry Service, Brixham Limited Company Limited by Guarantee Noles to the Financial siaiements (conllnuedj Year ended 31 March 2023 A¢¢ounting policies (conttn￿d) Tangible assets Tangible assets are initially recorded al c05t, and subsequently stated al Cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded .al the lair value al Ihe dale of revaluation less any subsequent accuinulaled depreciation and subsequent acojmulaled irnpairment losses. An increase in the carryirvJ amwnl ol an asset as a result of a revaluation. is recognised in other recognised gains and losses, unle55 it reverses a charge lor impaimienl that has previously been recognised as exFendilure wr(hin the statement of financial achvtties. A decrease in the carrying arnount of an asset as a result of revaluation. is recognised in olher recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the Ios5 is shown within other recognised gans and losses on the slalement ol financial activities. Depreciation Depiecialion is calculated so as lo bwile off the cost or valuatK>n of an asset. less its resKJual value, over the useful economic lrfe of that asset as follows= Freehold property Fixtures, fittings and equipment Motor vehicles Siraighl kn.ne 20% Reduryng balance 25Y. Reduang balance Impaiiment of fixed assels A review for indicators of impairment is carried out al each reporting date, wtth the recoverable amount being eslirnated where such indicators exist. Where the carrying value exceeds the recoverable amount. the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each rewrting date. Financial instwmenls A financial asset or a linanoal liabilty is recognised.only when the'enlity becomes a party lo the contractual provisions of the instrument. Basic financial instruments are inilially rec()Jntsed al the amount TeceNablÈ or paYa￿e including .any related transaction costs. Current assets and currenl likn"lilies are subsequently measured at the cash or otherconsideration expected lo be paid or received and not discwnl&J. Debt instrumenls are subsequently measured at aMOrti￿ cost. Delined conlribution *lans Conlribulions to defined contribution plans are recognised as an expense in the period in which the relaled service is provided. prepa￿ contributions are recognised as an asset lo the extent that the prepayment v¢ill lead to a reduction in future payments or a cash refund. Llmiled by guarantee The company is limtled by guarantee aTrJ accor(Ingly does not have share capilal. Every member ol the company undertakes to conlritryjte such amount as may te required not exceeding £1 to the assets ol Ihe charitable company in the event ol rts being wound up while he or she is.a member, or within one year he or she ceases to be a member. 13- Youth Enquiry Servlce, Brixham Limited Company Limiied by Guarantee Noles to Ihe Financial Statements (conthwed) Year ended 31 March 2023 Ik)natlons and legaciès Unreslricled Funds Restricted Total Funds Funds 2023 Donations Genefal Shop Staying Put Young Volunteers 24,343 24,343 Unrestricted Funds Reslricted "Total Funds Funds 2023 Grants General Tudor Trusl Brixharn Youth Hub and Youro Volunteers . Picking up Ihe Pieces and People's Health Twsl Jewsori Recycling 46.857 18,500 1,670 46.857 18,500 1,670 9,285 9.285 91.370 9.285 100.655 Unrestricted Funds Restr￿ted Total Funds Funds 2022 Donations General Shop Staying Put. Young Volunteers 14.629 .14,629 150 1,980 1.980 Granls. General Tudor Trust Brixham Youth Hub aTrJ Young Volunteers Picking up the Pieces and Peoe's Heath Trust Jewson FlecyclirKJ 7,000 18,500 775 18,500 775 12,5001 4,971 22.951 12,5001 4,971 23.138 46,089 14- Youth Enquiry Service, Brixham Limited Company Limiied by Guarantee Notes.to the Flnanclal Statements Icontlnu8d) Year ended 31 March 2023 Charitable activities Unreslii¢ted Funds Reslricled Total Funds Funds 2023 Service charges Property income 54.382 94.363 16,838 26,271 71.220 120,634 191,854 148,745 43,109 UnresIr￿leO Funds Restricted Total Funds Funds 2022 Service Charges Propety income 26.268 60.967 132.042 17.365 158,31 D 78,332 87,235 149,407 236,642 Other Irading activities Unrestricted T"otal Funds Unrestricted Total Funds Funds 2023 Funds 2022 Fundraising events Shop income Room hire Cale takings 1.428 68,902 . 3,16S 614 1.428 68.902 3,165 614 330 66,857 2.675 125 330 66,857 2.675 125 74,109 74,109 69.987 69,987 Investment Income Unrestricted Total Funds Unreslricled Total Funds Funds 2023 Fur￿5 2022 Bank interest receivable 220 Olher inmme Unrestr￿ted Funds Restr￿ed Total Funds Funds 2023 Gift AKI Consultancy Other incorne including Cowd Support Fundi 1,089 4C 1,200 1,089 400 11,2001 11.2001 2.689 1,489 Unrestricted FuThts Fleslricled Total Funds FUr￿S 2022 Gift AKI Consultancy Other income in¢ludino Govid Suwort Fundir 806 7,46J 8,269 15- Youth Enquiry Service, Brixham Limited Company Limited by Guarantee Notes lo Ihe Financial Statements {¢onlinued) Year ended 31 March 2023 10. Costs of othef tradlng activities Unrestricted Total Funds Unrestricted Total Funds Funds 2023 Funds 2022 Shop costs. Cafe 37,051 37.051 33,186 33,186 37,738 37,738 33,186 33.186 11. Expenditure on charitable activities by fund type Unrestricted Funds Reslricled Total.Funds Funds 2023 General . Youth Music and Music Mayhem Power lo Change . Slaying Put Tudor Trust Access Impact and Bounce Bad( Cavern Mews 8rixharn Youth Hub and Young Volunteers Empty Homes and Home from Hospital Pid(ing up the Pieces and People's Heaith Trust Reach,"Carers, Edgeworks and MHE Jewson Support costs 223.485 268 29,529 29,529 32.257 1,150 1,874 17.662 31.844 7.676 14,492 18,270 7,136 5,643 32.257 1,874 16.937 21,318 7,676 9,847 18,270 725 10,526 4,645 7.136 278.774 1C6,869 Unrestricted Funds Restricted Total Funds Funds 2022 General Youth Music and Music Mayhem Power to Change Staying Put Tudor Trust Access Impact and Bounce Bad( Cavern Mews Brixham Youth Hub and Young Volunteers Ernpty Homes and Home from Hospital Picking up the Pieces and People's Health Tnjst Reach, Carers, Edgeworks and MHE Jewson Support costs 171.435 171,435 25.344 1.039 30.512 15.865 12 7,342 42,135 42,363 4,292 29,326 40,397 2.335 1,039 30,512 15,865 12 7,342 40,419 13,040 . 4,292 29,067 40,397 1,716 - 29,323 259 2.335 205,068 207.329 412,397 16- Youth Enquiry Service. Brixham Lirnited Company Limited by Guarantee Notes to the Financial Statements lconti￿) Year ended 31 March 2023 12. Expendlture on charitable activilies by activity type ActNtlies undertaken directly Supw1 costs Tolal funds 2023 Total fund 2022 General Youth Music and Music Mayhem Power lo Change Slaying Pul Tudor Twsl Access Impact Bounce Back Cavern Mews Brixham Youth Hub and Your¥J Volunteers Empty Homes and Home from Hospital Picking up the Pieces and People's Health Trust Reach, Carers, Edgeworks and MHE Jewson 223.485 7.136 TJO.621 173,770 25,344 1,039 30,512 15,865 12 7.342 29,529 32,257 1,150 1,874 29,529 32,257 1,150 1.874 17,662 31.844 17,662 31,844 42.135 42,363 7.676 14.492 18,270 7.676 14,492 18,270 385,643 4,292 29,326 40.397 378.507 7.136 412,397 13. Analysls ol support cosls Analysis ot SU￿70rt costs Total"2023 Total 2022. Accountancy. 7,136 7,136 2.335 14. Nel expendltu ' Net expetTrJture is slated after Chargin￿{Cred[lingl". 2022 ' Depreciation of tangible fixed assets 4,618 3,483 15. Independenl.examinatlon fees 2023 2022 Fees payable lo the independent examiner for: Independent examination ot the financial statements 3,900 17- Youth Enquiry Service, Brixham Limiled Company Llmited by Guarantee Notes to the Financial Statemenls {conth￿) Year ended 31 March 2023 16. Staff eosls The total staff costs and employee benefits for the rep)rtirKJ peric#J are analy5ed as follows.. 2023 2022 Wages and salaries Social security costs Employer contributions to pension plans 208,740 10,653 2,620 222,013 198,274 13,438 2,631 214,343 The average head count ol employees during the year was 1212022.. 121. The average number of full-liriie equivalent employees durirKJ the yeaf is analysed as follows: 2023 2022 No. NumtEr of staff 10 10 No employee received employee benelils of more than £60.CXX) during the year12022.' Nil}. 17. Twstee remunerallon expenses During the year no remuneration or other benefits from employment.with the charity or a related enlity were re¢eNed by the Irustees12022 - nill. During Ihe year no trustee expenses have been incurred (2022 - nill. 18. Tangible flxed assets Land and Fixtures and buildings fittings Motor vehicFes Totsl Cost Al 1 April 2022 Additions 1,920,000 225.516 37,248 9,450 1,966,698 231.062 Al 31 March 2023 2,145,516 42.794 9,450 2.197,760 Depreciation At 1 April 2022 .Charge lor the year Al 31 March 2023 23.084 6.744 676 29,828 4,618 27,026 7,420 Carrying amount At 31 March 2023 2.145.516 15.768 2.030 2,163,314 1,936,870 Al 31 March 2022 1.920,OC(I 14.164 2.706 18- Youth Enquiry Service, Brixham Limiled Company Limited by Guarantee Noles lo th'e Financial Statements (coRbnu8d). Year ended 31 March 2023 1& Tangible fixed assets (Conts￿￿) In respect of tangl￿e fixed assets held at valuati￿. the aggregate cost. depreciation and comparable carying amount thal would have trEen recfy3nised il the assels had been carTied uncler the historical cost m¢yJel are as follows:_ Freehold Property At 31 March 2023 Aggregate cosi Aggregate depreciali Carrying value 1,815,516 {152,56S) 1,662,951 Al 31 March 2022 Aggregate cost Aggregate deprecialion Carrylng value 1.590,000 112B,358) 1,461.642 The freehold Properties were revalued by an indeFendeffl surveyor during the prior year and the trustees are satisfied that the valualion has rem&ned unchanged. 19. Deblors 2022 Trade debtors Prepayments and accrued income Other deblors (140) 15,786 3,464 19.110 15.936 717 25,219 20. Creditors: anM)unts lalllng due within one year 2023 2022 ' Bank loans and overdrafts Accruals and deferred income 15.241 10.944 41,669 7,079 26.185 48,748 21. Credltors: amounls lalling due after more than one year 2022 Bank loans arKI overdrafts 942,565 675,849 The loans are secured on Ihe charity's woperties. 19- Youth Enquiry Service, Brixham Limited Company Limited by Guarantee Noies to the Financial Statements . Year ended 31 March 2023 22. Pensions and other post-relirernent benefits Defined conlributlon plans The amount reccwJnised in income or expenditure as an expertse in relation lo defined contribution plans v4as £2,620 (2022: £2,631). 23. Analysis of charitablo funds Uniestrided lunds Al 1 Apr 2022 Gains and Al losses 31 Mar 2023 Income EX￿ndit￿re Transfers General Fund Cafe Edge Works Shop E Homes Carers Young Volunteers Picking up the Pieces Revaluation ReseNes Tudor Trusl {6,9451 6,904 45,831 57.510 226.762 759 . {230.6211 ' 217,996 {687) . 207,192 6,976 45,831 89.361 68,902 137.0511 110.5261 {4,6451 (7251 10.526 4,645 2.210 1,953 82,357 82,357 522,972 1192.972} 15.258 330,0 1,501 765,171 18.500 132,257) (316,5121 713.742 317,133 50.808 At 1 Apr 2021 Gains and Al losses 31 Mar 2022 Income Expenditure . Transfers General Fund Gate Edge Works Shop E Homes Carers Young Volunteers Picking up the Pipces Revaluation Reserves Tudor Trust 69.084 7.019 46,090 23,381 20.791 4,645 756 I20.￿1 {173,7701 {22,260) {2701 {2591 132.9161 129.3231 16,9451 6,904 45,831 57,510 67,045 8,532 4.645 468 1.428 11.7161 82.357 82.357 250.000 272,972 522.972 504.123 188,629 1238.254) 113.7281 272.972 713,742 General lunds These are held io ensure there is sufficient funds lor day-l04ay runnirMJ of the charity and lo carry out the charity's obJ'ectiV8S. Youth Enquiry Service, Brixham Limited Company Limiied by Guarantee Notes to the Flnanclal Slatements (conbnv Year ended 31 March 2023 2& Analysis of charitsble lunds Deslgnated Funds Cale - Community Cafe @ The Edge. Edge W0￿S - Renovalion works ai The Ethje. Shcp- Charity shop. E Homes - Expenses for rental pro￿rtIeS. Carers - Carers woiect activities SUFPOrt for carers. Young Volunteers- Strengtheniry and enriching our ¢