REGISTERED CHARITY NUMBER: 1072217
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
FOR
THE SHALOM YOUTH PROJECT
THE SHALOM YOUTH PROJECT
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 13 |
THE SHALOM YOUTH PROJECT
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021
The trustees present their report with the financial statements of the charity for the year ended 31 December 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Educating and assisting young people, in or near the Parish of St John and St Stephen, through their leisure-time activities so as to develop their physical, mental and spiritual capabilities to the end that they may grow to full maturity as individuals and members of society, and that their conditions of life may be improved.
Within these broad objectives our mission is:
To reach and support young people at risk in the community and through sustained long term relationships enable them to become functioning adults.
We define 'young people at risk' as those who exhibit one or more of the following indicators:
Lack of family support Experiencing racism, sexism or bullying Having truanted or been excluded from school Possess a learning difficulty Now or in the past a looked after child Deemed beyond parental control Homeless Experimenting with drugs including alcohol and solvents Experienced child abuse Addicted to gambling Been in trouble with the police Having child-care responsibilities
We identify the following categories of risk:
-
Addicted to risk behaviours
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Experimenting with risk behaviours
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High risk factors
-
Some risk factors
-
Low risk factors
-
Not at risk in these terms
We have referred to the guidance contained in the Charity Commissions general guidance on public benefit and complied with section 17(5) of the 2011 Charities Act when reviewing our aims and objectives and in planning our future activities. In particular, the Trustees consider how planned activities will contribute to the aims and objectives they have set.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The Centre remained closed throughout most of the year. We were eventually able to reopen when Covid restrictions were lifted, on 1st October 2021. Since then, the centre has been extremely busy. More than 450 children and young people have accessed the Project giving us an average weekly attendance of 240.
The Project continues to operate with a Project Manager, a Operations Manager and a mixture of part-time staff and volunteers. We have also had the services of a number of students on placement from the College and two workers from 'Here for You', a drug awareness Project
We continue to work with all our partner agencies., including the Police, Climb4, East Marsh United and 'Young and Safe'.
FINANCIAL REVIEW
Reserves policy
We currently hold £16,000 in reserves, which will be reviewed on a yearly basis. This has been calculated by considering redundancy costs and three months operating costs.
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THE SHALOM YOUTH PROJECT
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021
FINANCIAL REVIEW
Post balance sheet events
Our financial position -
We remain financially stable, though we are awaiting some continuation funding which lapsed due to the pandemic from the Garfield Weston Fund towards centre running costs in 2022.
FUTURE PLANS
We have made a successful bid to Sport England for £125,000 to refurbish the Centre. This will include the provision of an office/meeting room which will enable us to operate a daytime service. The Sport England funding will be administered by St John and St Stephen as they own the building.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Shalom Youth Project is managed by the Board of Trustees under the authority of the Constitution approved in 1998 and amended at the meeting of 20 September 2006 and 8 July 2009.
The trustees are members of the Board and are legally responsible for the governance and management of the Project.
The Trustees are responsible for setting strategies and policies and ensuring that these are implemented.
Authority to conduct day to day operations of the project are delegated by the Trustees to the Project Manager and through him (and the Assistant Project Manager) to the Key Workers.
The Project Manager is accountable to the Trustees for the efficient running of the Project.
Recruitment and appointment of new trustees
We are always on the lookout for new Trustees. Our present team have been with us for some considerable time - but we were conscious of gaps in our skill base and have appointed three new Trustees in an effort to close these.
Risk management
The Trustees have identified the major strategic risks to which the Project is exposed and established controls and action to mitigate them.
The Trustees seek to take all appropriate steps to moderate the inevitable operational risks to which the staff, volunteers, users and assets of the Project are exposed.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1072217
Principal address
St John and St Stephen Church Centre Rutland Street Grimsby N E Lincolnshire DN32 7LT
Trustees
Dr. B M Dasein Revd K Jones Mr J Atkinson Mr A Walmsley Mrs E Brigham Mr A Burley Mrs G Baker Mrs J Walmsley (resigned 23.11.21) Mrs M Onn Mrs C Thompson (appointed 7.12.21)
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THE SHALOM YOUTH PROJECT
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
C. M. Tams A.C.A Smethurst & Co LLP 12 Abbey Road GRIMSBY DN32 0HL
Bankers
Cooperative Bank 27 South St Mary'sGate GRIMSBY DN31 1JD
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to
-
select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charity SORP;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the board of trustees on 13 June 2022 and signed on its behalf by:
Revd K Jones - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE SHALOM YOUTH PROJECT
Independent examiner's report to the trustees of The Shalom Youth Project
I report to the charity trustees on my examination of the accounts of The Shalom Youth Project (the Trust) for the year ended 31 December 2021.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
C. M. Tams A.C.A Smethurst & Co LLP 12 Abbey Road GRIMSBY DN32 0HL
24 June 2022
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THE SHALOM YOUTH PROJECT
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Grants and donations 2 16,004 Activities for generating funds 3 3,149 Other income 21,256 Total 40,409 EXPENDITURE ON Administration expenses 9,993 Charitable activities Youth Centre 29,110 Bishop's Social Justice Fund - Coffee Bar 1,153 Shal Reach - Garfield Weston - Awards for All - NELC Football Funding - Premises costs 9,191 Total 49,447 NET INCOME/(EXPENDITURE) (9,038) RECONCILIATION OF FUNDS Total funds brought forward 114,546 TOTAL FUNDS CARRIED FORWARD 105,508 |
Restricted funds £ 31,421 - - 31,421 1,200 - 9,465 - 2,315 10,792 3,180 623 1,843 29,418 2,003 16,284 18,287 |
31.12.21 31.12.20 Total Total funds funds £ £ 47,425 76,160 3,149 2,603 21,256 23,589 71,830 102,352 11,193 26,256 29,110 25,505 9,465 7,124 1,153 648 2,315 10,492 10,792 7,806 3,180 4,074 623 - 11,034 11,372 78,865 93,277 (7,035) 9,075 130,830 121,755 123,795 130,830 |
31.12.21 31.12.20 Total Total funds funds £ £ 47,425 76,160 3,149 2,603 21,256 23,589 71,830 102,352 11,193 26,256 29,110 25,505 9,465 7,124 1,153 648 2,315 10,492 10,792 7,806 3,180 4,074 623 - 11,034 11,372 78,865 93,277 (7,035) 9,075 130,830 121,755 123,795 130,830 |
|---|---|---|---|
| 102,352 | |||
| 26,256 25,505 7,124 648 10,492 7,806 4,074 - 11,372 |
|||
| 93,277 | |||
| 9,075 121,755 |
|||
| 130,830 |
The notes form part of these financial statements
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THE SHALOM YOUTH PROJECT
BALANCE SHEET 31 DECEMBER 2021
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 7 79,391 CURRENT ASSETS Debtors 8 8,776 Cash at bank and in hand 21,141 29,917 CREDITORS Amounts falling due within one year 9 (3,800) NET CURRENT ASSETS 26,117 TOTAL ASSETS LESS CURRENT LIABILITIES 105,508 NET ASSETS 105,508 FUNDS 10 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ - - 18,287 18,287 - 18,287 18,287 18,287 |
31.12.21 Total funds £ 79,391 8,776 39,428 48,204 (3,800) 44,404 123,795 123,795 105,508 18,287 123,795 |
31.12.20 Total funds £ 86,033 10,087 42,608 52,695 (7,898) 44,797 130,830 130,830 114,546 16,284 130,830 |
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 13 June 2022 and were signed on its behalf by:
Revd K Jones - Trustee
Dr. B M Dasein - Trustee
The notes form part of these financial statements
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THE SHALOM YOUTH PROJECT
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Grants and donations are recognised in the Statement of Financial Activities when the general income recognition criteria are met.
For performance related grants income is recognised to the extent that the charity has provided the specified goods or services if entitlement to the grant only occurs when the performance related conditions are met.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses.
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over their expected useful lives as follows -
Other land and buildings - 4% on cost Fixtures, fittings and equipment - 15% or 20% on cost
The charity has a policy to capitalise assets if they can be used for more than one year and cost at least £100.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Volunteer help
The value of any voluntary help received is not included in the accounts but is described in the notes to the accounts.
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THE SHALOM YOUTH PROJECT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
2. GRANTS AND DONATIONS
| 2. | GRANTS AND DONATIONS | ||
|---|---|---|---|
| 31.12.21 | 31.12.20 | ||
| £ | £ | ||
| Donations | 16,371 | 30,206 | |
| Grants | 31,054 | 45,954 | |
| 47,425 | 76,160 | ||
| Grants received, included in the above, are as follows: | |||
| 31.12.21 | 31.12.20 | ||
| £ | £ | ||
| Youth Services and NELC | 5,000 | - | |
| Bishop's Social Justice Fund - salaries | 12,500 | - | |
| Police and Crime Commissioner's Fund | 4,400 | - | |
| National Lottery Awards for All | 9,154 | 8,954 | |
| Garfield Weston | - | 25,000 | |
| Sport England | - | 12,000 | |
| 31,054 | 45,954 | ||
| 3. | ACTIVITIES FOR GENERATING FUNDS | ||
| 31.12.21 | 31.12.20 | ||
| £ | £ | ||
| Fundraising events | 322 | 1,769 | |
| Snack bar sales | 1,227 | 624 | |
| Hall hire | 1,600 | 210 | |
| 3,149 | 2,603 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2021 nor for the year ended 31 December 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2021 nor for the year ended 31 December 2020.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 31.12.21 | 31.12.20 | |
|---|---|---|
| Charitable activities | 8 | 9 |
| Other | 1 | 1 |
| 9 | 10 |
No employees received emoluments in excess of £60,000.
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THE SHALOM YOUTH PROJECT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| INCOME AND ENDOWMENTS FROM Grants and donations Activities for generating funds Other income Total EXPENDITURE ON Administration expenses Charitable activities Youth Centre Bishop's Social Justice Fund Coffee Bar Shal Reach Garfield Weston Awards for All Premises costs Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 7. TANGIBLE FIXED ASSETS COST At 1 January 2021 Additions At 31 December 2021 DEPRECIATION At 1 January 2021 Charge for year At 31 December 2021 NET BOOK VALUE At 31 December 2021 At 31 December 2020 |
Unrestricted fund £ 29,815 2,603 23,589 56,007 9,233 25,452 - 648 - - - 8,127 43,460 12,547 101,999 114,546 Other land and buildings £ 149,662 - 149,662 65,850 5,986 71,836 77,826 83,812 |
Restricted funds £ 46,345 - - 46,345 17,023 53 7,124 - 10,492 7,806 4,074 3,245 49,817 (3,472) 19,756 16,284 Fixtures, fittings and equipment £ 29,090 140 29,230 26,869 796 27,665 1,565 2,221 |
Total funds £ 76,160 2,603 23,589 102,352 26,256 25,505 7,124 648 10,492 7,806 4,074 11,372 93,277 9,075 121,755 130,830 Totals £ 178,752 140 178,892 92,719 6,782 99,501 79,391 86,033 |
Total funds £ 76,160 2,603 23,589 |
|---|---|---|---|---|
| 102,352 | ||||
| 26,256 25,505 7,124 648 10,492 7,806 4,074 11,372 |
||||
| 93,277 | ||||
| 9,075 121,755 |
||||
| 130,830 |
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THE SHALOM YOUTH PROJECT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
| 8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors 10. MOVEMENT IN FUNDS Unrestricted funds General fund Restricted funds HY2HY Prince's Trust Bishop's Social Justice Fund Police & Crime Commissioner's Fund KDARS Garfield Weston Awards for All NELC Wednesday Group Refurbishment Match Funding TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund Restricted funds Bishop's Social Justice Fund Police & Crime Commissioner's Fund KDARS Garfield Weston Awards for All NELC Wednesday Group Refurbishment Match Funding TOTAL FUNDS |
At 1.1.21 £ 114,546 435 243 - - 172 12,415 3,019 - - 16,284 130,830 Incoming resources £ 40,409 12,500 4,400 322 - 9,154 4,000 1,045 31,421 71,830 |
31.12.21 31.12.20 £ £ 8,776 10,087 31.12.21 31.12.20 £ £ 3,800 7,898 Net movement At in funds 31.12.21 £ £ (9,038) 105,508 - 435 - 243 3,035 3,035 1,359 1,359 322 494 (12,415) - 5,500 8,519 3,157 3,157 1,045 1,045 2,003 18,287 (7,035) 123,795 Resources Movement expended in funds £ £ (49,447) (9,038) (9,465) 3,035 (3,041) 1,359 - 322 (12,415) (12,415) (3,654) 5,500 (843) 3,157 - 1,045 (29,418) 2,003 (78,865) (7,035) |
|---|---|---|
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THE SHALOM YOUTH PROJECT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
10. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.1.20 | in funds | 31.12.20 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 101,999 | 12,547 | 114,546 |
| Restricted funds | |||
| HY2HY | 173 | 262 | 435 |
| Prince's Trust | 243 | - | 243 |
| Bishop's Social Justice Fund | 7,126 | (7,126) | - |
| Police & Crime Commissioner's Fund | 12,121 | (12,121) | - |
| KDARS | 93 | 79 | 172 |
| Garfield Weston | - | 12,415 | 12,415 |
| Awards for All | - | 3,019 | 3,019 |
| 19,756 | (3,472) | 16,284 | |
| TOTAL FUNDS | 121,755 | 9,075 | 130,830 |
| Comparative net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 56,007 | (43,460) | 12,547 |
| Restricted funds | |||
| HY2HY | 262 | - | 262 |
| Bishop's Social Justice Fund | - | (7,126) | (7,126) |
| Police & Crime Commissioner's Fund | - | (12,121) | (12,121) |
| KDARS | 129 | (50) | 79 |
| Garfield Weston | 25,000 | (12,585) | 12,415 |
| Awards for All | 8,954 | (5,935) | 3,019 |
| Sport England | 12,000 | (12,000) | - |
| 46,345 | (49,817) | (3,472) | |
| TOTAL FUNDS | 102,352 | (93,277) | 9,075 |
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THE SHALOM YOUTH PROJECT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
10. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds HY2HY Prince's Trust Bishop's Social Justice Fund Police & Crime Commissioner's Fund KDARS Awards for All NELC Wednesday Group Refurbishment Match Funding TOTAL FUNDS |
At 1.1.20 £ 101,999 173 243 7,126 12,121 93 - - - 19,756 121,755 |
Net movement in funds £ 3,509 262 - (4,091) (10,762) 401 8,519 3,157 1,045 (1,469) 2,040 |
At 31.12.21 £ 105,508 435 243 3,035 1,359 494 8,519 3,157 1,045 |
|---|---|---|---|
| 18,287 | |||
| 123,795 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 96,416 | (92,907) | 3,509 |
| Restricted funds | |||
| HY2HY | 262 | - | 262 |
| Bishop's Social Justice Fund | 12,500 | (16,591) | (4,091) |
| Police & Crime Commissioner's Fund | 4,400 | (15,162) | (10,762) |
| KDARS | 451 | (50) | 401 |
| Garfield Weston | 25,000 | (25,000) | - |
| Awards for All | 18,108 | (9,589) | 8,519 |
| Sport England | 12,000 | (12,000) | - |
| NELC Wednesday Group | 4,000 | (843) | 3,157 |
| Refurbishment Match Funding | 1,045 | - | 1,045 |
| 77,766 | (79,235) | (1,469) | |
| TOTAL FUNDS | 174,182 | (172,142) | 2,040 |
Included within restricted funds are the following -
HY2HY - to assist children affected by parents misuse of alcohol and substances Prince's Trust - grant for 16+ training
Bishop's Social Justice Fund - grant toward salary of assistant project manager Police & Crime Commissioner's Fund - grant for outreach work National Lottery Awards for All - funding for Youth Centre groups / activities Garfield Weston - core funding for Youth Project Sport England - funding for consultancy fees for report NELC Wednesday Group - funding for Wednesday group Refurbishment Match Funding - donations for youth centre refurbishment
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THE SHALOM YOUTH PROJECT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2021.
12. USE OF VOLUNTEERS
Volunteers donated services are not provided for within the accounts. The contribution of unpaid services provided by volunteers during the year amounted to £1,969 (2020: £857). Shalom Youth project is supported by the Church of England. The board of Trustees of Shalom Youth Project also volunteer their time and support to fulfil their role.
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