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|Contents|||
|---|---|---|
|Trustees' Report.|||
|Chair's Review.|||
|Managing
Director's Review.|||
|Organisational
Review.|||
|Financial Review||25|
|Independent
Auditor's|Report|29|
|Statement of Financial|Activities.|32|
|Balance Sheet.|||
|Statement ofCash Flows||...34|
|Notes tothe Accounts||35|
|Thank you and Acknowledgements.||53|
|Take Action.||53|
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|We ask questions,
and challenge|conventions|conventions|to spark ideas and learning||
|---|---|---|---|---|
|We are open to change. We are|flexible in enabling
people to overcome|||diverse|
|situations
orsetbacks|||||
|We maintain
a positive outlook|and|focus on|practical solutions||
|We are honest and reliable|||||
|We are looking for ways to minimise||and remove barriers for individuals,||whether|
|they are staff, volunteers,
or service||users.|||
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|summary
of YSS|' six year financial
per|formance
is as follows:|||
|---|---|---|---|---|
|Year|Total|Total|Net|Net|
||Income|Expenditure|Surplus|Surplus|
||f'000|f'000|f'000||
|2017/18|1,621|1,528|93|5.74%|
|2018/19|1,309|1,337|(28)|(2.14%)|
|2019/20|1,705|1,713|(8)|(047%)|
|2020/21|1,510|1,409|101|6.69%|
|2021/22|1,507|1,454|53|352%|
|2022/23|1,365|1,658|(294)|(21.6/o)|
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|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||Notes|Fund|Funds|2023|2022|
|||||f|E||E|
|Income from:||||||||
|Donations
and legacies||||4,238|4,675|8,913|11,871|
|Income from charitable||activities||15,000|1,337,443|1,352,443|1,492,635|
|Investment
income||||3,418||3,418|2,185|
|Totalincome||||22,656|1,342,118|1,364,774|1,506,691|
|Expenditure
on:||||||||
|Charitable
activities|||5|166,214|1,492,260|1,658,474|1,453,593|
|Total expenditure||||166,214|1,492,260|1,658,474|1,453,593|
|Movement
in funds|being|||||||
|Income/(expenditure)||for the year||(143,558)|(150,142)|(293,700)|53,098|
|Transfers
between|funds|||(21,559)|21,559|||
|Net Movement
in Funds||||(165,117)|(128,583)|(293,700)|53,098|
|Reconciliation
offunds||||||||
|Total funds brought|forward||14/15|357,801|378,898|736,699|683,601|
|Total funds carried|forward|||192,684|250,315|442,999|736,699|
##
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|As at31March|2023||||||||
|---|---|---|---|---|---|---|---|---|
|||Note||2023|||2022||
|Fixed Assets|||||||||
|Tangible fixed assets|||10,704|||635|||
|Intangible
Fixed|Assets||||||||
||||||10704|||635|
|Current Assets|||||||||
|Debtors||10|221,226|||170,924|||
|Cash at bank and|in hand||393,251|||803,767|||
||||||614477|||974691|
|Creditors: amounts
falling due|||||||||
|within one year||11|~169113|||162416|||
|Net current assets||||||||812275|
|Creditors: amounts
falling due||11a|(13,069)|||(76,211)|||
|after one year|||||||||
|Net assets|||||442,999|||736,699|
|Funds|||||||||
|Restricted funds||14|||250,315|||378,898|
|Unrestricted
funds - general||15|192,684|||283,242|||
||designated|15||||74559|||
||||||192684|||357801|
|Total funds|||||442,999|||736,699|
##
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|Statement ofCash Flows|Statement ofCash Flows|Statement ofCash Flows||||
|---|---|---|---|---|---|
||||Note|2023|2022|
|Cash flow from operating|activities||19|(362,241)|60,177|
|Cash flow from investing|activities|||||
|Interest received||||3,418|2,185|
|Purchase offixed assets||||(15,550)|(894)|
|Net cash flow from investing||activities||(12,132)|1,291|
|Cash flow from financing|activities|||||
|Bank loan||||(36,142)||
|Net cash flow from financing||activities||||
|||||(36,142)||
|Net increase
in cash and cash||equivalents||(410,515)|61,468|
|Cash and cash equivalents|at|1April 2022||803,767|?42,299|
|Cash and cash equivalents|at|31March 2023||393,252|803,767|
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|||||2023|2022|
|---|---|---|---|---|---|
|Restricted||||||
|West Mercia AA —Appropriate|Adult|||40,081|40,307|
|Worcestershire
Young Carers||—Core funding||112,927|120,289|
|||-Schools|Awareness||12,000|
|||—Children|In Need|9,278|13,488|
|Shropshire
County Council
Early Help —Enhance||||417,445|417,445|
|Smallwood
Trust —Women's|Discretionary|Fund||40,097|6,000|
|Smallwood
Trust —Chrysalis||||20,665|50,430|
|Smallwood
Trust —Skills for Life||||7,352|29,348|
|WWM CRC —ESS+|||||54,324|
|WWM CRC —Through the Gate|||||25,447|
|WW OPCC —Morse Safer Roads||||228,742|198,742|
|WM OPCC —Remembering
Veterans||||25,000|25,000|
|Action For Children —Worcs Early Help||||89,812|60,328|
|Laslett's Trust||||24,832|16,250|
|Worcestershire
Children
First|—Families First|||60,608|57,608|
|NACRD (MoJ)||||230,604|278,650|
|Bromsgrove
District Council|||||10,000|
|Armed Forces Covenant
Grant|||||9,479|
|Defence Medical Welfare Service||||30,000|7,500|
|||||1,337,443|1,432,635|
|Unrestricted||||||
|MoJ Core Cost Funding||||15,000|60,000|
|Sundry income||||||
|||||1,352,443|1,492,635|
##
|4|Investment|income|2023|2022|
|---|---|---|---|---|
||Bank deposit|interest|3,418|2,149|
||COIF deposit|interest||36|
||||3,418|2,185|
##
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|6|Staff costs||2023|2022|
|---|---|---|---|---|
||Gross Salaries||1,131,636|1,013,171|
||Employer's
National|Insurance|98,565|78,511|
||Pension Costs||29,137|26,614|
||Tot'.al Payroll Costs||1,259,338|1,118,296|
||Staff Welfare Costs||5,626|5,976|
||Total Staff Costs||1,264,964|1,126,272|
|The average m|onthly
number ofem|ployee
during the year|was as follows:|||
|---|---|---|---|---|---|
||||2023|2023|2022|
||||Headcount|FTE|Headcount|
|Administration|5management|- Full time||3.1||
|||-Part time||2.1||
|Support staff||—Full time|24|24.3|20|
|||-Part time|14|10.1|16|
|Seconded staff||||||
||||44|39.6|45|
##
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||2023|2022|
|---|---|---|
|Auditors'
remuneration|18,600|7,638|
|Pension costs|29,137|28,614|
|Operating
lease rentals|241|18,655|
|Depreciation|5,257|4,524|
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|||Office|Computer|Fixtures|&|Intangible||
|---|---|---|---|---|---|---|---|
|||equipment|equipment|fittings||assets|Total|
|Cost||||||||
|At 1April 2022||12,116|4,152|||2,880|19,148|
|Additions||600|14,276||674||15,550|
|Disposals||||||||
|At 31March 2023||12,716|18,42&||674|2,880|34,698|
|Depreciation||||||||
|At 1April 2022||11,481|4,152|||2,880|18,513|
|Charge for the Year||498|4,758||225||5,481|
|Elimination|on disposal|||||||
|At 31March|2023|11,979|&,910||225|2,880|23,994|
|Net book value||||||||
|At 31March|2023|737|9,518||||10,704|
|At 31March|2022|635|||||635|
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|Debtors|||2023|2022|
|---|---|---|---|---|
|Trade debtors|||126,004|74,101|
|I9repayments|||8,017|11,354|
|Other debtors|||87 205|85469|
||||221,226|170,924|
|Creditors: amounts||falling due within one year|2023|2022|
||||f|f|
|Trade creditors|||35,015|43,903|
|Social security|and|other taxes|65,710|26,164|
|Accruals|||14,600|9,184|
|Deferred income (below)|||3,000|59,376|
|RRLF Loan*|||50,788|23,789|
||||169,113|162,416|
|changes|to working patterns
and a bigger proportion
ofsta|to working patterns
and a bigger proportion
ofsta|ff working
remotely
J'from home.||
|---|---|---|---|---|
|Deferred|income is analysed
below:||2023|2022|
|Deferred|income brought|forward|59,376|29,083|
|Released|in year||(59,376)|(29,083)|
|Deferred|during the year||3000|59 378|
|Deferred|income carried|forward|3,000|59,376|
##
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|||||
|---|---|---|---|
|Creditors: amounts|falling due after one year|2023|2022|
|RRLF Loan||13069|76 211|
|||13,069|76,211|
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||||||Balance as at|Incoming|YSSMatch|Resources|Balance as at|
|---|---|---|---|---|---|---|---|---|---|
||||||01/04/2022|Resources|Funding|Expended|31/03/2023|
|West Marcia AA —Appropriate||Adult|||3,164|40,081|4,451|(47,696)||
|WYC|||-Core||22,421|112,927|10,353|(146,242)|(541)|
||||-General||68,837|4,575|(18,567)|(5,031)|49,814|
||||-School Awareness||2,993||8,214|(11,208)||
||||-Children|in Need|13,018|9,278||(2,458)|19,838|
||||-¹iwill||1,788||||1,788|
|Shropshire
County Council Early Help|||||55,095|417,445|5,371|(477,911)||
|Smallwood Trust- First|Direct|||||25,000||(13,075)|11,925|
|Smallwood
Trust - Chrysalis|||||(289)|35,762|21,559|(55,898)|1,134|
|Smallwood
Trust - Skills|for Life||||11,385|7,352|12,882|(31,619)||
|WWM CRC —ESS+|||||47,989||(23,974)|(16,310)|7,705|
|WWM CRC- through the gate|||||15,757||||15,757|
|WWM CRC- Morse Safer Roads|||||1,399|228,742||(229,035)|1,106|
|WM PCC —New ESP|||||1,000||||1,000|
|WM OPCC —Remember|Veterans||||5,386|25,000|1,270|(31,656)||
|Action for Children —Worcs Early Help|||||16,493|89,812||(81,656)|24,649|
|Families First|||||3,286|60,608||(62,343)|1,551|
|Laslett's trust|||||(2,429)|24,832||(16,988)|5,415|
|IOM —Iris|||||3,486||||3,486|
|YSSDiscretionary
Donations|||||6,196|100||(5,037)|1,259|
|Eveson Trust|||||20,000||||20,000|
|NACRD- MoJ|||||63,678|230,604||(222,541)|71,741|
|Mentoring - MORSE|||||7,050|||(5,410)|1,640|
|Armed forces Covenant|||||9,479|||(750)|8,729|
|VPPP|||||1,717|30,000||(29,397)|2,320|
||||||378,899|. 1,342,118|21,559|(1,492,260)|250,315|
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|||||||Balance asat|Incoming|YSSMatch|Resources|Balance as at|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||01/04/2021|Resources|Funding|Expended|31/03/2022|
|West Mercia AA||||||4,668|40,307||(41,811)|3,164|
|WYC||||-Core||5,219|120,289||(103,087)|22,421|
|||||-General||67,854|7,119||(6,136)|68,837|
|||||-School|Awareness|7,100|12,000||(16,106)|2,993|
|||||-Children|in Need|7,815|13,488||(8,286)|13,018|
|||||-¹iwill||1,788||||1,788|
|Shropshire
County Council Early Help||||||67,586|417,445||(429,936)|55,095|
|Smallwood
Trust —First|||Direct|||2,914|6,000||(8,914)||
|Smallwood
Trust - Chrysalis||||||(2,476)|50,430|3,424|(51,667)|(289)|
|Smaliwood Trust-|Tampax Tax|||||1,688|||(1,688)||
|Smallwood
Trust - Skills|||for Life|||7,264|29,348||(25,227)|11,385|
|WWM CRC-ESS+||||||64,822|54,324||(71,157)|47,989|
|WWM CRC-through||the gate||||10,509|25,447||(20,199)|15,757|
|WM OPCC- Morse Safer Roads||||||(325)|198,742||(197,018)|1,399|
|WM OPCC- New|ESP|||||1,000||||1,000|
|WM OPCC- Remember|||Veterans|||5,228|25,000||(24,842)|5,386|
|Veteran Voices||||||1,746|||(1,746)|(0)|
|Action for Children||||||8,689|60,328||(52,524)|16,493|
|Families First||||||24,627|57,608||(78,950)|3,286|
|Laslett's trust|||||||16,250||(18,863)|(2,429)|
|IOM —Iris||||||3,486||||3,486|
|YSSDiscretionary|Donations|||||18,732|||(12,536)|6,196|
|Eveson Trust||||||20,000||||20,000|
|NACRD- MoJ|||||||278,650||(214,972)|63,678|
|Mentoring
- MORSE|||||||10,000||(2,950)|7,050|
|Armed forces Covenant|||||||9,479|||9,479|
|VPPP|||||||7,500||(5,783)|1,717|
|||||||330,119|1,439,754|3,424|(1,394,399)|378,899|
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|||||Balance at|Incoming|Transfers|Resources|Balance at|
|---|---|---|---|---|---|---|---|---|
|||||1April 2022|resources|between
funds|expended|31March 2023|
|||||f|f|f|f|f|
|Designated||funds|||||||
|Deficit|budget||funding|53,000||(53,000)|||
|Herefordshire|||Chrysalis|21,559||(21,559)|||
|General|Fund|||283,242|22,656|53,000|(166,214)|192,684|
|Total||||357,801|22,656|(21,559)|(166,214)|192,684|
|Unrestricted|||funds —prior|year|||||
|||||Balance at|Incoming|Transfers|Resources|Balance at|
|||||1April 2021|resources|between
funds|expended|31March 2022|
|||||f|f|f|f|f|
|Designated||funds|||||||
|Deficit|budget||funding|53,000||||53,000|
|Herefordshire|||Chrysalis|24,983||(3,424)||21,559|
|General|Fund|||274,499|66,937||(59,194)|283,242|
|Total||||353,482|66,937|(3,424)|(59,194)|357,801|
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||||Designated|Unrestricted|Restricted|2023|
|---|---|---|---|---|---|---|
||||funds|funds|funds|Total|
||Cash at bank and in hand|||142,936|250,315|393,251|
||Other net assets/(liabilities)|||49,748||49,748|
|||||192,684|250,315|442,999|
|Analysis|of net assets between|funds|- prior year||||
||||Designated|Unrestricted|Restricted|2022|
||||funds|funds|funds|Total|
||Cash at bank and in hand||74,559|350,309|37&,899|803,767|
||Other net assets/(liabilities)|||(67,069)||(67,069)|
||||74,559|2&3,241|378,899|736,699|
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||||2023|2022|
|---|---|---|---|---|
|Net income for the year|||(293,700)|53,099|
|Interest receivable|||(3,418)|(2,185)|
|Depreciation|||5,481|4,524|
|Gain on disposal|||||
|(Increase)
in debtors|||(50,302)|(103,929)|
|Increase/(Decrease)|in creditors||(20,302)|108,668|
|Net: cash flow from operating||activities|(362,241)|60,177|
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