REGISTERED CHARITY NUMBER: 1072217
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
FOR
THE SHALOM YOUTH PROJECT
THE SHALOM YOUTH PROJECT
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
| 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 2024
The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. 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.
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THE SHALOM YOUTH PROJECT
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024
ACHIEVEMENT AND PERFORMANCE Charitable activities
Premises -
The refurbishment programme is now complete & the craft room was finished. Unfortunately, the work done on the girl's toilets was faulty, this has now been rectified. The fire alarm system has been completely renewed to the required standard. We have a contract that provides for ongoing testing and maintenance. New CCTV has been installed along with a monitor at the automatic door.
Playzone -
Grant Thorald Park; NELC have completed work on the MUGA and it was officially opened by the Mayor. This facility is managed by Shalom and members have free use. It has proved a great success and is in constant use.
Activities -
398 children and young people have accessed the Project and it has been another very busy year. The 12-14 age group have caused particular concern. For the first time in over 50 years of operations we have encountered a number of young people who are not accessing education in any shape or form. Of those that are, those at highest risk are on a reduced timetable. They are out and about from about 11am onwards. We have increased our drop-in sessions to support them. We are seeking funding to cover this extra provision. The effect of a large number of young people "on the loose" has been a rash of anti social behaviour on Grant Thorald Park, in particular constant bin fires. This has caused much friction between the young people and the community. Shalom is the only agency consistently working with this group. We have excellent co-operation and support from Humberside Police in our efforts to address this situation.
Our core funding has been from NELC UKSPF Fund, as well as Garfield Weston and match funding from our supporters.
FINANCIAL REVIEW
Reserves policy
The amount of reserves considering redundancy costs and three months operating costs has been calculated as £16,000.
Free reserves at 31 December 2024 were £15,452 (2023: £8,958). Of this £10,000 had been designated by the charity within its 'reserves pot' and it is intended to increase this by £2,000 per year to ensure available free reserves are restored back to £16,000, funds permitting.
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
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THE SHALOM YOUTH PROJECT
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024
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 Mrs E Walmsley Mr A Burley Mrs M Onn Mrs C Thompson Mrs S Barker Mr C Taylor
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
Approved by order of the board of trustees on 2 July 2025 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 2024.
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
9 July 2025
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THE SHALOM YOUTH PROJECT
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024
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31.12.24 31.12.23
Unrestricted Restricted Total Total
fund funds funds funds
Notes £ £ £ £
INCOME AND ENDOWMENTS FROM
Grants and donations 2 30,777 45,000 75,777 78,311
Activities for generating funds 3 18,333 425 18,758 12,259
Total 49,110 45,425 94,535 90,570
EXPENDITURE ON
Administration expenses 16,530 1,387 17,917 12,205
Charitable activities
Youth Centre 14,153 537 14,690 20,131
-
Operations Manager 5,057 5,057 28,547
Coffee Bar 2,627 - 2,627 3,524
Garfield Weston - 6,080 6,080 1,865
- - -
NELC Young & Safe 8,298
NELC UK SPF - 28,583 28,583 -
Premises costs 16,677 321 16,998 71,502
Total 49,987 41,965 91,952 146,072
NET INCOME/(EXPENDITURE) (877) 3,460 2,583 (55,502)
RECONCILIATION OF FUNDS
Total funds brought forward 81,963 821 82,784 138,286
TOTAL FUNDS CARRIED FORWARD 81,086 4,281 85,367 82,784
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The notes form part of these financial statements
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THE SHALOM YOUTH PROJECT
BALANCE SHEET 31 DECEMBER 2024
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31.12.24 31.12.23
Unrestricted Restricted Total Total
fund funds funds funds
Notes £ £ £ £
FIXED ASSETS
Tangible assets 7 65,634 - 65,634 73,005
CURRENT ASSETS
Debtors 8 1,121 - 1,121 3,900
Cash at bank and in hand 21,282 4,281 25,563 9,935
22,403 4,281 26,684 13,835
CREDITORS
Amounts falling due within one year 9 (6,951) - (6,951) (4,056)
NET CURRENT ASSETS 15,452 4,281 19,733 9,779
TOTAL ASSETS LESS CURRENT LIABILITIES 81,086 4,281 85,367 82,784
NET ASSETS 81,086 4,281 85,367 82,784
FUNDS 10
Unrestricted funds 81,086 81,963
Restricted funds 4,281 821
TOTAL FUNDS 85,367 82,784
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The financial statements were approved by the Board of Trustees and authorised for issue on 2 July 2025 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 2024
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 2024
2. GRANTS AND DONATIONS
| 2. GRANTS AND DONATIONS |
|
|---|---|
| Donations Grants |
31.12.24 31.12.23 £ £ 30,777 14,520 45,000 63,791 |
| 75,777 78,311 |
|
| Grants received, included in the above, are as follows: Youth Services and NELC Garfield Weston Lincoln Diocese Other grants |
31.12.24 31.12.23 £ £ 35,000 43,291 10,000 - - 18,000 - 2,500 |
| 45,000 63,791 |
|
| 3. ACTIVITIES FOR GENERATING FUNDS Fundraising events Snack bar sales Hall hire |
31.12.24 31.12.23 £ £ 6,333 1,582 3,105 3,872 9,320 6,805 |
| 18,758 12,259 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Charitable activities Other |
31.12.24 31.12.23 11 9 1 1 |
|---|---|
| 12 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 2024
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6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund funds funds
£ £ £
INCOME AND ENDOWMENTS FROM
Grants and donations 13,520 64,791 78,311
-
Activities for generating funds 12,259 12,259
Total 25,779 64,791 90,570
EXPENDITURE ON
Administration expenses 11,646 559 12,205
Charitable activities
Youth Centre 15,686 4,445 20,131
-
Operations Manager 28,547 28,547
Coffee Bar 3,524 - 3,524
Garfield Weston - 1,865 1,865
-
NELC Young & Safe 8,298 8,298
Premises costs 18,870 52,632 71,502
Total 49,726 96,346 146,072
NET INCOME/(EXPENDITURE) (23,947) (31,555) (55,502)
Transfers between funds 1,258 (1,258) -
Net movement in funds (22,689) (32,813) (55,502)
RECONCILIATION OF FUNDS
Total funds brought forward 104,652 33,634 138,286
TOTAL FUNDS CARRIED FORWARD 81,963 821 82,784
7. TANGIBLE FIXED ASSETS
Fixtures,
Other fittings
land and and
buildings equipment Totals
£ £ £
COST
At 1 January 2024 and 31 December 2024 149,662 37,462 187,124
DEPRECIATION
At 1 January 2024 83,809 30,310 114,119
Charge for year 5,986 1,385 7,371
At 31 December 2024 89,795 31,695 121,490
NET BOOK VALUE
At 31 December 2024 59,867 5,767 65,634
At 31 December 2023 65,853 7,152 73,005
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THE SHALOM YOUTH PROJECT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
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8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£ £
Other debtors 1,121 3,900
9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£ £
Other creditors 6,951 4,056
10. MOVEMENT IN FUNDS
Net
movement At
At 1.1.24 in funds 31.12.24
£ £ £
Unrestricted funds
General fund 81,963 (877) 81,086
Restricted funds
Prince's Trust 108 - 108
Garfield Weston - 2,616 2,616
NELC wages funding 57 (57) -
Brad Ladds Group 77 63 140
-
NELC Shared Prosperity Funding 1,417 1,417
Other restricted funding 579 (579) -
821 3,460 4,281
TOTAL FUNDS 82,784 2,583 85,367
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 49,110 (49,987) (877)
Restricted funds
Garfield Weston 10,000 (7,384) 2,616
NELC wages funding 5,000 (5,057) (57)
Brad Ladds Group 425 (362) 63
NELC Shared Prosperity Funding 30,000 (28,583) 1,417
-
Other restricted funding (579) (579)
45,425 (41,965) 3,460
TOTAL FUNDS 94,535 (91,952) 2,583
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THE SHALOM YOUTH PROJECT NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
10. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds General fund Restricted funds Prince's Trust Garfield Weston NELC Young & Safe NELC wages funding Pavilion project planning Youth Centre refurbishment Brad Ladds Group Other restricted funding TOTAL FUNDS |
At 1.1.23 £ 104,652 123 1,865 1,277 8,604 (4,216) 25,000 282 699 33,634 138,286 |
Net movement in funds £ (23,947) (15) (1,865) (1,277) (8,547) 4,216 (23,742) (205) (120) (31,555) (55,502) |
Transfers between funds £ 1,258 - - - - - (1,258) - - (1,258) - |
At 31.12.23 £ 81,963 108 - - 57 - - 77 579 821 82,784 |
|---|---|---|---|---|
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Prince's Trust Garfield Weston NELC Young & Safe NELC wages funding Pavilion project planning Youth Centre refurbishment Brad Ladds Group Lincoln Diocese Other restricted funding TOTAL FUNDS |
Incoming resources £ 25,779 - - 8,100 20,000 14,191 - - 18,000 4,500 64,791 90,570 |
Resources Movement expended in funds £ £ (49,726) (23,947) (15) (15) (1,865) (1,865) (9,377) (1,277) (28,547) (8,547) (9,975) 4,216 (23,742) (23,742) (205) (205) (18,000) - (4,620) (120) (96,346) (31,555) (146,072) (55,502) |
|---|---|---|
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THE SHALOM YOUTH PROJECT NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
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 Prince's Trust Garfield Weston NELC Young & Safe NELC wages funding Pavilion project planning Youth Centre refurbishment Brad Ladds Group NELC Shared Prosperity Funding Other restricted funding |
Net Transfers movement between At 1.1.23 in funds funds £ £ £ 104,652 (24,824) 1,258 123 (15) - 1,865 751 - 1,277 (1,277) - 8,604 (8,604) - (4,216) 4,216 - 25,000 (23,742) (1,258) 282 (142) - - 1,417 - 699 (699) - |
At 31.12.24 £ 81,086 108 2,616 - - - - 140 1,417 - |
|---|---|---|
| 33,634 (28,095) (1,258) |
4,281 | |
| TOTAL FUNDS | 138,286 (52,919) - |
85,367 |
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 Garfield Weston NELC Young & Safe NELC wages funding Pavilion project planning Youth Centre refurbishment Brad Ladds Group Lincoln Diocese NELC Shared Prosperity Funding Other restricted funding |
Incoming Resources Movement resources expended in funds £ £ £ 74,889 (99,713) (24,824) - (15) (15) 10,000 (9,249) 751 8,100 (9,377) (1,277) 25,000 (33,604) (8,604) 14,191 (9,975) 4,216 - (23,742) (23,742) 425 (567) (142) 18,000 (18,000) - 30,000 (28,583) 1,417 4,500 (5,199) (699) |
|---|---|
| 110,216 (138,311) (28,095) |
|
| TOTAL FUNDS | 185,105 (238,024) (52,919) |
Included within restricted funds are the following -
Prince's Trust - grant for 16+ training Garfield Weston - core funding for Youth Project NELC Young & Safe - funding for Wednesday group 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
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THE SHALOM YOUTH PROJECT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
10. MOVEMENT IN FUNDS - continued
Brad Ladds Group - group for over 18 year olds to meet up and socialise Lincoln Diocese - funding for God Room refurbishment UK Shared Prosperity Funding - for revenue costs
Other restricted funds includes funding received for mental health support and for trips for children and families.
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2024.
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 £6,305 (2023: £4,631). 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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