## BOVEY TRACEY YOUTH ACTION
## UNAUDITED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024
|CONTENTS||
|---|---|
||Page|
|Treasurer's Report||
|Independent Examiner's Report||
|Statement of Financial Activities|1|
|Balance Sheet|2|
|Notes|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 2024 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 3 July 2025
## BOVEY TRACEY YOUTH ACTION
## UNAUDITED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024
|Note
Incoming Resources
Grants & Donations
Income from Activities
for generating Funds
Investment Income
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
Training / Supervision
Activities
Insurance
Consultancy Fee
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
£
£
£
15,573
20,400
35,973
-
0
-
0
416 -
416
15,989
20,400
36,389
25,025
25,025
240
240
2,149
2,149
869
869
-
0
-
0
157
157
51
51
1,274
1,274
630
630
1,087
1,087
1,847
1,847
189
189
293
293
33,811
0
33,811
(17,822)
20,400
2,578
202,654
205,232|Total
Last
Year
£
26,228
-
-
275|
|---|---|---|
|||26,503|
|||23,168
554
1,384
757
-
350
15
210
1,182
-
1,378
349
-
332|
|||29,679|
|||(3,176)
205,830|
|||202,654|
The notes set out on pages 3 and 4 form an integral part of these accounts.
## BOVEY TRACEY YOUTH ACTION
## UNAUDITED BALANCE SHEET AS AT 31 DECEMBER 2024
|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
£
£
£
166,525
166,525
0
166,525
166,525
979
979
10,081
28,062
38,143
11,060
28,062
39,122
415
415
10,645
28,062
38,707
10,645
194,587
205,232
194,587
194,587
10,645
10,645
10,645
194,587
205,232|Total
Last
Year
£
166,818|
|---|---|---|
|||166,818|
|||947
35,289|
|||36,236|
|||400|
||||
|||35,836|
||||
|||202,654|
|||202,654
0|
|||202,654|
These accounts were approved by the Trustees on and signed on their behalf by:
22nd July 2025
## **J D Midglely - Chairman**
TRUSTEE
The notes set out on pages 3 and 4 form an integral part of these accounts.
2
## BOVEY TRACEY YOUTH ACTION
## NOTES TO THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
## 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 Charities Act 1993 (as amended) and regulations made under Part VI and the Statement of 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
|3) TANGIBLE FIXED ASSETS|||
|---|---|---|
|COST
At I January 2024
During accounts period
At 31 December 2024
DEPRECIATION
At I January 2024
During accounts period
At 31 December 2024
NET BOOK VALUE
At 1 January 2024
At 31 December 2024|Freehold
Property
£
164,863
-
164,863
-
-
-
164,863
164,863|Fixtures &
Fittings
£
28,061
-|
|||28,061|
|||26,106
293|
|||26,399|
|||1,955|
|||1,662|
## BOVEY TRACEY YOUTH ACTION
## NOTES TO THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
|4) DEBTORS
Prepayments
5) CREDITORS
Other creditors
Accruals|2024
£
979
2024
£
-
415
415|2023
£
947|
|---|---|---|
|||2023
£
-
400|
|||400|
Trustees annual report
## **Trustees Annual Report 2025**
We are celebrating 25 years of providing the Town with this youth provision for our young people. Bovey Tracey Youth Cafe is a totally free drop-in service for all young people to attend with lots of fun activities, or just a safe place to be. We are a registered charity and receive no government funding and rely entirely on charitable giving and donations. We are focussed on supporting school year groups 6-13 as well as providing outreach around the town on a regular basis, supporting vulnerable and hard to reach young people who wouldn’t normally access the café or other formal youth activities, we regularly liaise with, the local Police, the Community Safety Team, and other agencies to help reduce antisocial behaviour in the town. Our experienced Manager, Jez Butcher, stays closely in touch with the young people and fully appreciates the many additional and complex needs evident amongst a significant number of them, as do our other staff and volunteers whilst engaging with the increasing numbers using the Café facilities, ensuring that they have fun, food and activities for all in a safe and supportive environment. This year has highlighted the necessity of growing the appreciation by our Town Councillors of all that we do, and particularly of the constraints on our time imposed by the struggle to achieve adequate funding. Much progress has been made by Kim Einzig-Pilling our admin and funding manager on ensuring that our compliance is up to date. She also leads our search for funding and many other administrative tasks. Trustees continue to meet regularly providing vital input and liaise with Jez and Kim. We all look to the opportunity to build on our solid foundations and expand what we do to meet what are probably the most challenging times that young people have faced in generations.
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Trustees annual report
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Trustees annual report
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Trustees annual report
Page 17
Trustees annual report
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Treasurers report
BOVEY TRACEY YOUTH ACTION YOUTH CAFE PROJECT WORKING TOWARDS THE NEEDS OF YOUNG PEOPLE IN BOVEY TRACEY A REGISTERED CHARITY (No. 1078292) Treasurer’s Report for the Year ended 31 December 2024 Overview The year started with £35,288 cash in hand, last year was £38,802. We ended the year with £38,143, an increase of £2,855, giving an average monthly operational expenditure of £3,196. Last year’s monthly spend figure was £2,872. The café is now operating within recognised opening hours and activities with demand ever increasing. Our restricted savings account opened the year with £27,646 and ended with £28,062, a £416 increase through interest payments. We are fortunate that this year we did not need to draw down any money from this account, although we continue to face challenges on our operation account. Income Major sources of funds for the year were: 2024 2023 Grants, restricted funds £20,400 £5,860 Donations from Organisation £15,175 Personal Donations £13,537 £3,829 Café Account £4,322 £1,211 We continue to see helpful contributions through organisations/grants and personal donations, many thanks to all those who contributed to our cause. The total income for the year was £38,795, a good increase from last year, £27,383 and a reflection of the increase of donations taken during the year. Expenditure This year we saw another good year of planned youth action services with a total expenditure for the year of £38,356, last year it was £31,321. Pay awards meant our salary went up from £20,913 last year to 25,525. Other sizeable increases were utilities which went from £1,938 to £3,258. The total cost for café catering and activities was £4,135 this year, last year it was £1,301.
M Knuckey 20 July 2025
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