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2021-12-31-accounts

"Trustees are fully aware of the unsatisfactory delay in our accounts presentation. We have recently taken steps to overcome this problem.

On the operational front we have excellent front line Café staff who are doing a great job and have created increasing attendance by the youth of Bovey Tracey which is very pleasing. In addition they have initiated outreach work in Town seeking to restore particularly difficult kids to the Cafe sessions. Some of them had been banned from the Cafe a few months ago due to unacceptable behaviour. On the resources side we were very lucky in the spring of 2021 to sell some surplus land at a good price. This is a one off and we are very aware that we have to increase our annual income to secure our future."

BOVEY TRACEY YOUTH ACTION

UNAUDITED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021

CONTENTS

Treasurer's Report Independent Examiner's Report Statement of Financial Activities

Balance Sheet

Notes

Page 3&4

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BOVEY TRACEY YOUTH ACTION

I report on the accounts of the Trust for the year ended 31 December 2021 which are set out on pages 1 to 4.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required (under section 93(2) of the Charities Act 1993) and that an independent examination is needed.

It is my responsibility to:

Follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 43(7)(b) of the 1993 Act); and

to state whether particular matters have come to my attention.

Basis of independent examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters.

The procedures undertaken do not provide all the evidence that would be required by an audit, and consequently I do no express an audit opinion on the view given by these accounts.

Independent examimer's statement

In connection with my examination,no matter has come to my attention;

to keep accounting records with section 41 of the 1993 Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act have not been met; or

A PRICE & CO Certified Accountants and Reporting Accountants 11 Staddons View Bovey Tracey Devon TQ13 9HW

Date 19 January 2023

BOVEY TRACEY YOUTH ACTION

UNAUDITED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021

Note
Incoming Resources
Grants & Donations
Income from Activities
for generating Funds
Proft from sale of Fixed Asset
Investment Income
Furlough payments received
Refund received from EON
Other Incoming Resources
Total Incoming Resources
Resources Expended
Wages and Salaries
2
Water Rates
Light and Heat
Telephone and Internet
Printing, Postage & Stationery
Computer Software
Activities
Insurance
Professional Fees
Building Maintenance
Miscellaneous
Depreciation
Total Resources Expended
Net Incoming Resources
Total Funds brought forward
Total Funds carried forward
Un
Restricted
Total
restricted Income
This
Funds
Funds
Year
£
£
£
12,109
12,109
0
0
23,000
23,000
0
0
8,794
8,794
2,240
2,240
1
1
0
46,144
46,144
14,047
14,047
52
52
414
414
257
257
7
7
-
0
595
595
1,784
1,784
4,205
4,205
974
974
160
160
425
425
0
22,920
22,920
23,224
23,224
194,828
194,828
0
218,052
218,052

The notes set out on pages 3 and 4 form an integral part of these acc

Total Last Year £

20,458 0 0 6,656 0 8 27,122 14,556 8 1,212 430 - 354 860 1,273 802 407 155 497 20,554 6,568 188,260 194,828

counts.

BOVEY TRACEY YOUTH ACTION

UNAUDITED BALANCE SHEET AS AT 31 DECEMBER 2021

Note
Fixed Assets
Tangible Assets
3
Current Assets
Prepayments
4
Cash at Bank
Total Current Assets
Creditors: amounts falling
due within one year
5
Net Current Assets
Net Assets
Represented by:
Income Funds
Restricted Funds
Unrestricted Funds
Total Funds
Un
Restricted
Total
restricted Income
This
Funds
Funds
Year
£
£
£
167,262
167,262
0
167,262
167,262
340
340
50,810
50,810
0
51,150
51,150
0
360
360
0
50,790
50,790
0
218,052
218,052
218,052
218,052
0
0
0
218,052
218,052

These accounts were approved by the Trustees on and signed on their behalf by:

TRUSTEE

The notes set out on pages 3 and 4 form an integral part of these acc

Total Last Year £ 169,687 169,687

321 25,160 25,481 340 25,141 194,828 194,828 0 194,828

2022

counts.

BOVEY TRACEY YOUTH ACTION

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

1) ACCOUNTING POLICIES

a) Basis of accounting

These accounts have been prepared under the historical cost convention and in accordance with applicable Accounting Standards except as disclosed in these accounts.

The format of the accounts has been revised to comply with Part VI of the Chari Act 1993 (as amended) and regulations made under Part VI and the Statement Recommended Practice (SORP), Accounting by Charities.

2) STAFF COSTS

No Trustee received any remuneration in the period under review. Any expenses incurred by the Trustees were reimbursed at cost.

3) TANGIBLE FIXED ASSETS

COST
At I January 2021
During accounts period
At 31 December 2021
DEPRECIATION
At I January 2021
During accounts period
At 31 December 2021
NET BOOK VALUE
At 1 January 2021
At 31 December 2021
Freehold
F
Property
£
166,863
(2,000)
164,863
-
-
-
166,863
164,863

ties of

Fixtures & Fittings £

27,812 - 27,812

24,988 425 25,413

2,824 2,399

BOVEY TRACEY YOUTH ACTION

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

4) DEBTORS
2021
£
Prepayments 340
5) CREDITORS
2021
£
Other creditors -
Accruals 360
360

2020 321 2020 340 340

BOVEY TRACEY YOUTH ACTION

UNAUDITED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021

CONTENTS

Treasurer's Report Independent Examiner's Report Statement of Financial Activities

Balance Sheet

Notes

Page 3&4

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BOVEY TRACEY YOUTH ACTION

I report on the accounts of the Trust for the year ended 31 December 2021 which are set out on pages 1 to 4.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required (under section 93(2) of the Charities Act 1993) and that an independent examination is needed.

It is my responsibility to:

Follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 43(7)(b) of the 1993 Act); and

to state whether particular matters have come to my attention.

Basis of independent examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters.

The procedures undertaken do not provide all the evidence that would be required by an audit, and consequently I do no express an audit opinion on the view given by these accounts.

Independent examimer's statement

In connection with my examination,no matter has come to my attention;

to keep accounting records with section 41 of the 1993 Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act have not been met; or

A PRICE & CO Certified Accountants and Reporting Accountants 11 Staddons View Bovey Tracey Devon TQ13 9HW

Date 19 January 2023

BOVEY TRACEY YOUTH ACTION

UNAUDITED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021

Note
Incoming Resources
Grants & Donations
Income from Activities
for generating Funds
Proft from sale of Fixed Asset
Investment Income
Furlough payments received
Refund received from EON
Other Incoming Resources
Total Incoming Resources
Resources Expended
Wages and Salaries
2
Water Rates
Light and Heat
Telephone and Internet
Printing, Postage & Stationery
Computer Software
Activities
Insurance
Professional Fees
Building Maintenance
Miscellaneous
Depreciation
Total Resources Expended
Net Incoming Resources
Total Funds brought forward
Total Funds carried forward
Un
Restricted
Total
restricted Income
This
Funds
Funds
Year
£
£
£
12,109
12,109
0
0
23,000
23,000
0
0
8,794
8,794
2,240
2,240
1
1
0
46,144
46,144
14,047
14,047
52
52
414
414
257
257
7
7
-
0
595
595
1,784
1,784
4,205
4,205
974
974
160
160
425
425
0
22,920
22,920
23,224
23,224
194,828
194,828
0
218,052
218,052

The notes set out on pages 3 and 4 form an integral part of these acc

Total Last Year £

20,458 0 0 6,656 0 8 27,122 14,556 8 1,212 430 - 354 860 1,273 802 407 155 497 20,554 6,568 188,260 194,828

counts.

BOVEY TRACEY YOUTH ACTION

UNAUDITED BALANCE SHEET AS AT 31 DECEMBER 2021

Note
Fixed Assets
Tangible Assets
3
Current Assets
Prepayments
4
Cash at Bank
Total Current Assets
Creditors: amounts falling
due within one year
5
Net Current Assets
Net Assets
Represented by:
Income Funds
Restricted Funds
Unrestricted Funds
Total Funds
Un
Restricted
Total
restricted Income
This
Funds
Funds
Year
£
£
£
167,262
167,262
0
167,262
167,262
340
340
50,810
50,810
0
51,150
51,150
0
360
360
0
50,790
50,790
0
218,052
218,052
218,052
218,052
0
0
0
218,052
218,052

These accounts were approved by the Trustees on and signed on their behalf by:

TRUSTEE

The notes set out on pages 3 and 4 form an integral part of these acc

Total Last Year £ 169,687 169,687

321 25,160 25,481 340 25,141 194,828 194,828 0 194,828

2022

counts.

BOVEY TRACEY YOUTH ACTION

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

1) ACCOUNTING POLICIES

a) Basis of accounting

These accounts have been prepared under the historical cost convention and in accordance with applicable Accounting Standards except as disclosed in these accounts.

The format of the accounts has been revised to comply with Part VI of the Chari Act 1993 (as amended) and regulations made under Part VI and the Statement Recommended Practice (SORP), Accounting by Charities.

2) STAFF COSTS

No Trustee received any remuneration in the period under review. Any expenses incurred by the Trustees were reimbursed at cost.

3) TANGIBLE FIXED ASSETS

COST
At I January 2021
During accounts period
At 31 December 2021
DEPRECIATION
At I January 2021
During accounts period
At 31 December 2021
NET BOOK VALUE
At 1 January 2021
At 31 December 2021
Freehold
F
Property
£
166,863
(2,000)
164,863
-
-
-
166,863
164,863

ties of

Fixtures & Fittings £

27,812 - 27,812

24,988 425 25,413

2,824 2,399

BOVEY TRACEY YOUTH ACTION

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

4) DEBTORS
2021
£
Prepayments 340
5) CREDITORS
2021
£
Other creditors -
Accruals 360
360

2020 321 2020 340 340