"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:
- Examine the accounts (under section 43(3)(a) of the 1993 Act)
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;
- 1) which gives me reasonable cause to believe that in any material respect the requirements
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
- 2) to which in my opinion attention should be drawn in order to enable proper understanding of of the accounts to be reached.
**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:
- Examine the accounts (under section 43(3)(a) of the 1993 Act)
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;
- 1) which gives me reasonable cause to believe that in any material respect the requirements
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
- 2) to which in my opinion attention should be drawn in order to enable proper understanding of of the accounts to be reached.
**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