REGISTERED CHARITY NUMBER: 1072217
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
FOR
THE SHALOM YOUTH PROJECT
THE SHALOM YOUTH PROJECT
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
| 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 | 14 |
THE SHALOM YOUTH PROJECT
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022
The trustees present their report with the financial statements of the charity for the year ended 31 December 2022. 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
-
Experimenting with risk behaviours
-
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
After a major refurbishment funded by Sports England the Centre opened again in October 2022. Since then, the Centre has been very busy with 492 children and young people accessing the Project.
The Centre continues to operate with a Project Manager, Operations Manager and a mix of part-time staff and volunteers. We have continued to work with partner agencies; Young & Safe NELC, Humberside Police and East Marsh United.
The Pavilion: Despite the fact that this project received planning permission for a new building, we fell foul of the criteria of the Youth Investment Fund in regard to "alternative education". We were made aware of this after the funding had already been used to facilitate the planning process. Therefore, we decided not to go ahead with this Project.
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.
Page 1
THE SHALOM YOUTH PROJECT
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022
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 (resigned 5.12.22) Mrs M Onn Mrs C Thompson Mrs S Barker (appointed 31.1.22) Mr C Taylor (appointed 5.12.22)
Independent Examiner
C. M. Tams F.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).
Page 2
THE SHALOM YOUTH PROJECT
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022
STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued
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;
-
observe the methods and principles in the Charity SORP;
-
make judgements and estimates that are reasonable and prudent;
-
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 5 June 2023 and signed on its behalf by:
Revd K Jones - Trustee
Page 3
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 2022.
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:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
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 F.C.A.
Smethurst & Co LLP 12 Abbey Road GRIMSBY DN32 0HL
3 July 2023
Page 4
THE SHALOM YOUTH PROJECT
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Grants and donations 2 20,392 Activities for generating funds 3 5,722 Other income - Total 26,114 EXPENDITURE ON Administration expenses 10,509 Charitable activities Youth Centre 4,982 Assistant Project Manager - Bishop's Social Justice Fund/NELC - Coffee Bar 2,890 Shal Reach - Garfield Weston - Awards for All - NELC Football Funding - Premises costs 12,118 Total 30,499 NET INCOME/(EXPENDITURE) (4,385) Transfers between funds 10 3,529 Net movement in funds (856) RECONCILIATION OF FUNDS Total funds brought forward 105,508 TOTAL FUNDS CARRIED FORWARD 104,652 |
Restricted funds £ 85,140 615 - 85,755 2,934 1,768 24,431 - 1,215 6,182 6,786 4,718 18,845 66,879 18,876 (3,529) 15,347 18,287 33,634 |
31.12.22 31.12.21 Total Total funds funds £ £ 105,532 47,425 6,337 3,149 - 21,256 111,869 71,830 13,443 11,193 6,750 29,110 24,431 9,465 2,890 1,153 1,215 2,315 6,182 10,792 6,786 3,180 4,718 623 30,963 11,034 97,378 78,865 14,491 (7,035) - - 14,491 (7,035) 123,795 130,830 138,286 123,795 |
|---|---|---|
The notes form part of these financial statements
Page 5
THE SHALOM YOUTH PROJECT
BALANCE SHEET 31 DECEMBER 2022
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 7 78,383 CURRENT ASSETS Debtors 8 9,489 Cash at bank and in hand 20,637 30,126 CREDITORS Amounts falling due within one year 9 (3,857) NET CURRENT ASSETS 26,269 TOTAL ASSETS LESS CURRENT LIABILITIES 104,652 NET ASSETS 104,652 FUNDS 10 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ - (4,216) 37,850 33,634 - 33,634 33,634 33,634 |
31.12.22 Total funds £ 78,383 5,273 58,487 63,760 (3,857) 59,903 138,286 138,286 104,652 33,634 138,286 |
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 |
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 5 June 2023 and were signed on its behalf by:
Revd K Jones - Trustee
Dr. B M Dasein - Trustee
The notes form part of these financial statements
Page 6
THE SHALOM YOUTH PROJECT
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
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.
Page 7
THE SHALOM YOUTH PROJECT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022
2. GRANTS AND DONATIONS
| Donations Grants Grants received, included in the above, are as follows: Youth Services and NELC Bishop's Social Justice Fund - salaries Police and Crime Commissioner's Fund National Lottery Awards for All Garfield Weston Other grants ACTIVITIES FOR GENERATING FUNDS Fundraising events Snack bar sales Hall hire |
31.12.22 £ 23,132 82,400 105,532 31.12.22 £ 71,400 - - - 10,000 1,000 82,400 31.12.22 £ 894 3,763 1,680 6,337 |
31.12.21 £ 16,371 31,054 |
31.12.21 £ 16,371 31,054 |
|---|---|---|---|
| 47,425 | |||
| 31.12.21 £ 5,000 12,500 4,400 9,154 - - 31,054 31.12.21 £ 322 1,227 1,600 3,149 |
|||
| 3,149 |
3. ACTIVITIES FOR GENERATING FUNDS
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 31.12.22 | 31.12.21 | |
|---|---|---|
| Charitable activities | 7 | 8 |
| Other | 1 | 1 |
| 8 | 9 |
No employees received emoluments in excess of £60,000.
Page 8
THE SHALOM YOUTH PROJECT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022
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 Assistant Project Manager - Bishop's Social Justice Fund/NELC Coffee Bar Shal Reach Garfield Weston Awards for All NELC Football Funding 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 2022 Additions At 31 December 2022 DEPRECIATION At 1 January 2022 Charge for year At 31 December 2022 NET BOOK VALUE At 31 December 2022 At 31 December 2021 |
Unrestricted fund £ 16,004 3,149 21,256 40,409 9,993 29,110 - 1,153 - - - - 9,191 49,447 (9,038) 114,546 105,508 Other land and buildings £ 149,662 - 149,662 71,836 5,987 77,823 71,839 77,826 |
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 Fixtures, fittings and equipment £ 29,230 6,004 35,234 27,665 1,025 28,690 6,544 1,565 |
Total funds £ 47,425 3,149 21,256 71,830 11,193 29,110 9,465 1,153 2,315 10,792 3,180 623 11,034 78,865 (7,035) 130,830 123,795 Totals £ 178,892 6,004 184,896 99,501 7,012 106,513 78,383 79,391 |
|---|---|---|---|
Page 9
THE SHALOM YOUTH PROJECT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022
8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Other debtors 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors 10. MOVEMENT IN FUNDS At 1.1.22 £ Unrestricted funds General fund 105,508 Restricted funds HY2HY 435 Prince's Trust 243 Bishop's Social Justice Fund 3,035 Police & Crime Commissioner's Fund 1,359 KDARS 494 Garfield Weston - Awards for All 8,519 NELC Wednesday Group 3,157 Refurbishment Match Funding 1,045 NELC wages funding - Pavilion project planning - Youth Centre refurbishment - Josh's Group - Other restricted funding - 18,287 TOTAL FUNDS 123,795 |
Net movement in funds £ (4,385) - (120) (3,035) (1,359) (494) 2,125 (8,519) (1,880) 1,657 8,604 (4,216) 25,000 849 264 18,876 14,491 |
31.12.22 £ 5,273 31.12.22 £ 3,857 Transfers between funds £ 3,529 - - - - - (260) - - (2,702) - - - (567) - (3,529) - |
31.12.21 £ 8,776 31.12.21 £ 3,800 At 31.12.22 £ 104,652 435 123 - - - 1,865 - 1,277 - 8,604 (4,216) 25,000 282 264 |
|---|---|---|---|
| 33,634 | |||
| 138,286 |
Page 10
THE SHALOM YOUTH PROJECT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022
10. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds 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 NELC wages funding Pavilion project planning Youth Centre refurbishment Josh's Group Other restricted funding TOTAL FUNDS Comparatives for 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 |
Incoming Resources Movement resources expended in funds £ £ £ 26,114 (30,499) (4,385) - (120) (120) - (3,035) (3,035) - (1,359) (1,359) - (494) (494) 10,000 (7,875) 2,125 - (8,519) (8,519) 4,531 (6,411) (1,880) 2,031 (374) 1,657 30,000 (21,396) 8,604 11,869 (16,085) (4,216) 25,000 - 25,000 1,324 (475) 849 1,000 (736) 264 85,755 (66,879) 18,876 111,869 (97,378) 14,491 Net movement At At 1.1.21 in funds 31.12.21 £ £ £ 114,546 (9,038) 105,508 435 - 435 243 - 243 - 3,035 3,035 - 1,359 1,359 172 322 494 12,415 (12,415) - 3,019 5,500 8,519 - 3,157 3,157 - 1,045 1,045 16,284 2,003 18,287 130,830 (7,035) 123,795 |
Incoming Resources Movement resources expended in funds £ £ £ 26,114 (30,499) (4,385) - (120) (120) - (3,035) (3,035) - (1,359) (1,359) - (494) (494) 10,000 (7,875) 2,125 - (8,519) (8,519) 4,531 (6,411) (1,880) 2,031 (374) 1,657 30,000 (21,396) 8,604 11,869 (16,085) (4,216) 25,000 - 25,000 1,324 (475) 849 1,000 (736) 264 85,755 (66,879) 18,876 111,869 (97,378) 14,491 Net movement At At 1.1.21 in funds 31.12.21 £ £ £ 114,546 (9,038) 105,508 435 - 435 243 - 243 - 3,035 3,035 - 1,359 1,359 172 322 494 12,415 (12,415) - 3,019 5,500 8,519 - 3,157 3,157 - 1,045 1,045 16,284 2,003 18,287 130,830 (7,035) 123,795 |
|---|---|---|
| 18,876 | ||
| 14,491 | ||
| At 31.12.21 £ 105,508 435 243 3,035 1,359 494 - 8,519 3,157 1,045 |
||
| 18,287 | ||
| 123,795 |
Page 11
THE SHALOM YOUTH PROJECT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022
10. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 40,409 | (49,447) | (9,038) | ||
| Restricted funds | |||||
| Bishop's Social Justice Fund | 12,500 | (9,465) | 3,035 | ||
| Police & Crime Commissioner's Fund | 4,400 | (3,041) | 1,359 | ||
| KDARS | 322 | - | 322 | ||
| Garfield Weston | - | (12,415) | (12,415) | ||
| Awards for All | 9,154 | (3,654) | 5,500 | ||
| NELC Wednesday Group | 4,000 | (843) | 3,157 | ||
| Refurbishment Match Funding | 1,045 | - | 1,045 | ||
| 31,421 | (29,418) | 2,003 | |||
| TOTAL FUNDS | 71,830 | (78,865) | (7,035) | ||
| A current year 12 months and prior year 12 months combined | position is as follows: | ||||
| Net | Transfers | ||||
| movement | between | At | |||
| At 1.1.21 | in funds | funds | 31.12.22 | ||
| £ | £ | £ | £ | ||
| Unrestricted funds | |||||
| General fund | 114,546 | (13,423) | 3,529 | 104,652 | |
| Restricted funds | |||||
| HY2HY | 435 | - | - | 435 | |
| Prince's Trust | 243 | (120) | - | 123 | |
| KDARS | 172 | (172) | - | - | |
| Garfield Weston | 12,415 | (10,290) | (260) | 1,865 | |
| Awards for All | 3,019 | (3,019) | - | - | |
| NELC Wednesday Group | - | 1,277 | - | 1,277 | |
| Refurbishment Match Funding | - | 2,702 | (2,702) | - | |
| NELC wages funding | - | 8,604 | - | 8,604 | |
| Pavilion project planning | - | (4,216) | - | (4,216) | |
| Youth Centre refurbishment | - | 25,000 | - | 25,000 | |
| Josh's Group | - | 849 | (567) | 282 | |
| Other restricted funding | - | 264 | - | 264 | |
| 16,284 | 20,879 | (3,529) | 33,634 | ||
| TOTAL FUNDS | 130,830 | 7,456 | - | 138,286 |
Page 12
THE SHALOM YOUTH PROJECT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022
10. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds 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 NELC wages funding Pavilion project planning Youth Centre refurbishment Josh's Group Other restricted funding TOTAL FUNDS |
Incoming Resources Movement resources expended in funds £ £ £ 66,523 (79,946) (13,423) - (120) (120) 12,500 (12,500) - 4,400 (4,400) - 322 (494) (172) 10,000 (20,290) (10,290) 9,154 (12,173) (3,019) 8,531 (7,254) 1,277 3,076 (374) 2,702 30,000 (21,396) 8,604 11,869 (16,085) (4,216) 25,000 - 25,000 1,324 (475) 849 1,000 (736) 264 117,176 (96,297) 20,879 183,699 (176,243) 7,456 |
Incoming Resources Movement resources expended in funds £ £ £ 66,523 (79,946) (13,423) - (120) (120) 12,500 (12,500) - 4,400 (4,400) - 322 (494) (172) 10,000 (20,290) (10,290) 9,154 (12,173) (3,019) 8,531 (7,254) 1,277 3,076 (374) 2,702 30,000 (21,396) 8,604 11,869 (16,085) (4,216) 25,000 - 25,000 1,324 (475) 849 1,000 (736) 264 117,176 (96,297) 20,879 183,699 (176,243) 7,456 |
|---|---|---|
| 20,879 | ||
| 7,456 |
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 NELC Wednesday Group - funding for Wednesday group Refurbishment Match Funding - donations for youth centre refurbishment NELC wages funding - grant toward salary of assistant project manager Pavilion project funding - proposed development of new buildings Youth Centre refurbishment - funding for renovation and refurbishment Josh's Group - group for over 18 year olds to meet up and socialise
Other restricted funds includes funding received for mental health support and for trips for children and families.
The pavilion project fund was overdrawn at 31 December 2022. Further funding was received in February 2023 for the pavilion project.
Transfers between funds
Transfers into the general fund of £3,529 are in relation to assets that have been purchased from restricted income where the restrictions have been met.
Page 13
THE SHALOM YOUTH PROJECT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2022.
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 £5,539 (2021: £1,969). 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.
Page 14