2021-03-31-accounts - Gloucestershire Young Carers Project

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		Page
Reference and Adndnistrative Details
Report ofthe Trustees	2	to	8
Report ofthe Independent Auditors	9	to	11
Statement ofFinancial Activities		12
Balance Sheet		13
Cash Flow Statement		14
Notes to the Cash Flow Statement
Notes to the Financial Statements	16	to	27

TRUSTEES		RParish (Chair)	RParish (Chair)
		P Gorf
		M Clitford
		R Smith
		M Waddington
		P Winterbottom
		A Desks
COMPANY SECRETARY		P Gorf
KEYMANAGEMENT	PERSONNEL	E Semadeni
		H Gill
		S Gillespie
		M Hitchings
REGISTERED OFFICE		7 Twigworth	Court	Business Centre
		Twigworth
		Gloucester
		Gloucestershire
		GL2 9PG
REGISTERED COMPANY NUMBER		03458723 (England		and Wales)
REGISTERED CHAIHTY NUMBER		1090289
AUDITORS		Haines Watts	Worcester Audit Limited
		First Floor
		Saggar House
		Princes Drive
		Worcester
		WRt 2PG

					2021	2020
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies			100,193	1,399	101,592	133,100
Charitable activities
Support and activities	for young carers		536,099	229,148	765,247	573,876
Other trading activities			116		116	4,790
Investmentincome			~1719		1 719	1,822
Total			638,127	230,547	868,674	713,588
EXPENDITURE ON
Raising funds			(3,550)	(2,697)	(6,2471
Charitable activities
Support and activities	for young carers		(470,231)	(116,077)	(586,308)	(655 550)
Total			(473,781)	(118,774)	(592,555)	(655,550)
NET INCOME			164,346	111,773	276,119	58,038
Transfers between funds		19	~379)	379
Net movement in funds			163,967	112,152	276,119	58,038
RECONCILIATION	OF FUNDS
Total funds brought	forward		342,997	12,311	355,308	297,270
TOTAL FUNDS CARRIED FORWARD			506,964	124,463	631,427	355,308

				2021	2020
		Unrestricted	Restricttst	Total	Total
		funds	funds	funds	funds
	Notes	f.	f,
FIXEDASSETS
Tangible assets	15	13,539		13,539	2,691
CURRENT ASSETS
Debtors	16	45,424	150	45,574	81,739
Cash at bank and in hand		472,770	124,798	597,568	311,640
		518,194	124,948	643,142	393,379
CURRENT LIABILITIES
Creditors	17	(24,768)	(486)	(25,254)	(40,762)
NET CURRENT ASSETS		493,426	124,462	617,888	352,617
TOTAL ASSETSLESSCURRENT
LIABILITIES		506,965	124,462	631,427	355,308
NET ASSETS		506,965	124,462	631,427	355,308
FUNDS	19
Unresnicted funds				506,965	342,997
Restricted funds				124,462	12,311
TOTAL FUNDS				631,427	355,308

				2021	2020
			Notes
Cash flows from operating	activities
Cash generated from operations				296,964	38,703
Net cash provided by/(used	in) operating	activities		296 964	~38,703)
Cash flows from investing	activities
Purchase oftangible flxed assets				(12,755)
Interest received				1,719	1,822
Net cash (used in)/provided	by investing	activities		~11,036)	1,822
Change in cash and cash	equivalents	ln the
reporting period				285,928	(36,881)
Cash and cash equivalents	at the beginning		of
the reporting period				~311 640	348,521
Cash and cash equivalents	at the end	ofthe
reporting period				597,568	311,640

RECONCILIATION	RECONCILIATION	OF NET INCOME TO NET CASH	OF NET INCOME TO NET CASH	FLOW FROM OPERATING ACTIVITIES
				2021	2020
Net income for the	reporting		period (as per the Statement	ofFinancial
Activities)				276,119	58,038
Adjustments for:
Depreciation charges				1,907	896
Loss on disposal offixed assets					1,278
Interest received				(1,719)	(1,822)
Decrease/(increase)	in	debtors		36,165	(79,202)
Decrease in creditors				~15,508)	~17 891
Net cash provided	by/(used		in) operations	~296 964	38,703

				Unrestricted	Restricted	Total	Total
				funds	funds	2021	2020
							f.
The Helen Foundation		donations			275	275
Mid-Counties	Co-Operative		donations		1,124	1,124
Other donations				80,888		80,888	118,835
HMRC tax rebate				9,523		9,523	5,797
Other grants				9,782		9,782	8,468
				100193	1399	101592	133,100

		Unrestricted	Restricted	Total	Total
		funds	funds	2021	2020
				f,
Book	sales	31		31	1,730
Room	hire	85		85	3,060
		116		116	4,790

			Unrestricted	Restricted	Total	Total
			funds	funds	2021f	2020 g
	Deposit account interest		1,719		1,719	1,822
			1719		1719	1,822
5.	INCOME FROM CHARITABLE ACTIVITIES
			Unrestricted	Restricted	Total	Total
			funds	funds	2021	2020
	Support and activities	for young carers
	Grant income		536099	229 148	765 247	~573 876
			536099	229 148	765 247	~573 876
	BBCChildren in Need		3,000	33,307	36,307	32,601
	Carers Gloucestershire					(369)
	Carers Gloucestershire	Legacy		9,849	9,849
	Corona Emergency Fund		1,000		1,000
	Ecclesiastical Charities	Trust		50,000	50,000
	Forest ofDean DC		7,406		7,406	4,944
	GIS Europe					3,138
	Global Make Some Noise					38,018
	Gloucester Rotary			800	800
	Gloucestersbire County	Council	420,243		420,243	422,771
	Henry Smith Charity			40,700	40,700
	Julia and Hans Rausling	Trust Charity	70,000		70,000
	Lloyds Bank Foundation		7,450	42,842	50)292	23,013
	Masonic Charitable Fund			12,000	12,000
	Mid-Counties Co-Operative		1,000		1,000	3,906
	Paul Hamlyn Foundation		15,000	32,500	47,500	27,600
	Police &Crime Commissioner			7,150	7,150	6,300
	StJames Place Foundation		10,000		10,000
	Summerdeld Charitable	Trust				6,120
	Tesco		1,000		1,000
	Youth Social Action Fund					5,834
			536099	229 148	765 247	573,876

					Unrestricted	Restricted	Total	Total
					funds	funds	2021	2020
					f	f
					3 550	2 697	6247
7.	EXPENDITURE			ON CHARITABLE ACTIVITIES
					Direct	Support	Total	Total
					costs	costs	2021	2020
							f
	Support and activities for young carers				405 505	180803	586308	655,550
8.	DIRECT	COSTS
							Total	Total
							2021	2020
	Staff costs						400,066	408,910
	Activities	for young carers					3,649	15,395
	Activity transport			costs			1,790	39,594
	Loss ou sale		oftaugible fixed assets					1,278
							405505	465)77
9.	SUPPORT		COSTS
							Total	Total
							2021	2020
							f.
	Staff costs						89)906	74,351
	Rent						38,526	39,188
	Insurance						2,681	3,490
	Light and	heat					1,846	3,307
	Telephone	costs					7,506	5,774
	Postage and		stationeiy				12,242	11,278
	Other support costs						3,112	13,243
	Recruitment		and training				2)045	3,375

9.	SUPPORT COS	TS - continued
			Total	Total
			2021	2020
	Travel costs		818	6,646
	Repairs and renewals		1,164	631
	Cleaning costs		2,027	3,176
	Computer costs		9,025	16,589
	Depreciation		1,907	896
	Finance costs		176	297
	Govern6uice costs	(note 10)	7 823	8132
			100003	190,373
10.	GOVERNANCE	COSTS
			Total	Total
			2021	2020
	Auditors remuneration		6,547	6,840
	Payroll charges		1276	1,292
			7823	8,132

NET INCOME/(EXPENDITURE)	NET INCOME/(EXPENDITURE)
		Total	Total
		2021	2020
Auditors	remuneration	6,547	6,840
Depreciation —owned assets		1,907	896
Deficit	on disposal ofgxed assets		1,278

Key M	anagement Personnel
		Total	Total
		2021	2020
		g
Wages	and salaries	121,511	100,185
Social	security costs	12,379	10,254
Pension	costs	3136	2,700
		137826	113,139

STAFF	COSTS
		Total	Total
		2021	2020
			g
Wages	and salaries	447)351	439,318
Social	security costs	33,417	33,611
Pension	costs	9 2883	10,329
		489 971	483 238

			2021	2020
Support staB			24	25
No employees	received emoluments	in excess off60,000.

COMPARATIVES F	OR THE STATEMENT OF FIN	ANCIAL ACTIVITIES —Y	EARENDED 3	1MARCH 2
		Unrestricted	Restricted	Total
		funds	funds	funds
			K
INCOME FROM
Donations and legacies		124,745	8,355	133,100
Charitable activities
Support and activities	for young carers	419,453	154,423	573,876
Other trading activities		4,790		4,790
Investment income		1,822		1,822
Total		550,810	162,778	713,588
EXPENDITURE ON
Charitable activities
Support and activities	for young carers	(494,171)	(161,379)	(655,550)
NET INCOME		56,639	1,399	58,038
Transfers between funds		~1,000)	1,000
Net movement ln funds		55,639	2,399	58,038
RECONCILIATION	OF FUNDS
Total funds brought	forward	287,361	9,909	297,270
TOTAL FUNDS CARRIED FORWARD		343,000	12,308	355,308

15.	TANGIBLE	FIXEDASSETS
			Fixtures
			and	Computer
			fittings	equipment	Totals
					5
	COST
	At I April 2020		22,178	16,301	38,479
	Additions			12,755	12,755
	At 31March	2021	22 178	~29 056	51,234
	DEPRECIATION
	At 1 April 2020		21,302	14,486	35,788
	Charge for year		219	~1688	~1907
	At 31March	2021	21,521	16,174	37,695
	NET BOOK	VALUE
	At 31March	2021	657	~12 882	13 539
	At 31March	2020	876	~1815	2,691
16.	DEBTORS:	AMOUNTS FALLING DUE WITIIIN ONE YEAR
				2021	2020
	Trade debtors			35,020	72,005
	Prepayments	and accnted income		1,031	9,734
	Tax			9 523
				45 574	51739
17.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				2021	2020
	Trade creditors			5,705	3,982
	Social security and other taxes			10,035
	Credit card			2,891	633
	Accruals and	deferred income		6 623	36,147
				25 254	411762

				2021	2020
Deferred	income included	above	comprised'.
Deferred	income b/f			29,850	33,083
Resources	deferred in the	year			29,850
Amounts	released &om previous		years	~29,850)	~33 083)
Deferred	iucome c/f				29,850

	2021	2020f
Within one year	29,028	39,188
Between one and five years	72,570	117,563
In more than five years
	IIIIIII	156,751

		Balance	Incoming	Resources		Balance
		b/f	resources	expended	Transfers	c/f
Unrestricted funds
General fund		342,997	211,519	(76,013)	(379)	478,124
Gloucestershire Couuty	Council		419,067	(400,267)		18,800
Designated find			10041			10041
		342 997	640 627	476 280	379	506 965
Restricted funds
BBCChildren in Need			33)307	(33,307)
Carers Gtoucestershire	Legacy		9,849	(2,616)		7433
Ecclesiastical Charities	Trust		50)000	(3)000)		47,000
Gloucester Rotary			800			800
Henry Smith Charity			40,700	(31,655)		9,045
Lloyds Bank Foundation		5,509	42,842	(22,090)		26&261
Masonic Charitable Fund			12,000			12,000
Mid-Counties Co-Operative			1,123	(9)		1,114
Paul Hamlyn Foundation			30,001	(17,601		12400
Police &Crime Commissioner		1,350	7,150	(3,300)		5,200
The Helen Foundation		4,831	275	(2,697)	1)000	3,409
Youth Opportunity Fund		621			621
		12311	228 047	11627	379	124 462
TOTAL FUNDS		355 308	868674	592 555		631427