Reglstered number: 04541948 Charlty number: 1096181 WATERBEACH AND LANDBEACH ACTION FOR YOUTH (A company Ilmlted by guarantoe) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 Whltlngs LLP Chartered Accountants George Court Bartholomew's Walk Ely Cambrldgeshire CB7 4JW
WATERBEACH AND LANDBEACH ACTION FOR YOUTH (A company Ilmited by guarantee} CONTENTS Page Raference and admlnlstratlv8 dotalls of the Charlty, Its Tru8ta•s and advlsers Tru8tee8' roport Indepondent examlnorfs report Statem8nt of flnanclal actlvltles Balance sheet Note8 to the flnanclal 8tatoment• The followlng pages do not form part of the statutory flnanclal 8tatement8'. Charlty Detalled Income and expondlture account and 8ummarle8 8.15
WATERBEACH AND LANDBEACH ACTION FOR YOUTH (A company Ilmited by guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30TH JUNE 2024 Trusts•8 Benjamin David Cons, Chalr (appolnted 24th October 2016) Norman Setchell (appointed 24th October 2016, reslgned 1st September 2023) Rachel Evans (appolnted 27th November 2017, reslgned 1st September 2023) Gavin Mullin (appolnted 4th December 2019) Helen Francis lappoinied 7th June 2023) Company reg18tarod number sign af So 04541948 Charlty r•gl8ter6d numb•r 1095181 Reglstered offlce Varslty Farm, School Lane, Chltterlng, Cambrldge, Cambrldgeshlre, CB25 9PW Company secretary Mrs Carollne Ward Aceountant• Whltings LLP, George Court, Bartholomew'8 Walk, Ely, C8mbridgeshlr•, CB7 4JW Page 1
WATERBEACH AND LANDBEACH ACTION FOR YOUTH (A company Ilmlted by guarantee TRUSTEES, REPORT FOR THE YEAR ENDED 30TH JUNE 2024 The Trustees presenl their annual report together with the f*n8ncial statements of the Waterbeach & Landbeach Action for Youth for the 1st July 2023 to 30th June 2024. The Annual report serves the purposes of both Trustees, report and a dlrectors, report under company law. The Trustees confirm that the Annual report and financial statements of the charltable company comply wth the current statutory requlrements, the requlrements of the charitable company's governlng document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financlal Reporting Standard appllcable In the UK and Republic of Ireland {FRS102) (effective 1 January 2019). Since the Charity quallfies as small under section 382 of the Companies Act 2006, the Str8teglc report requlred of medlum and large companies under the Companies Act 2006 Istrateglc Report and Dlrector8' Report) Regulations 2013 has been omllted. ObJectlv•8 and actlvltla8 Pollclos and objectlves The charity'8 object8 ar8 to help and educate young people In the Clvll par18heJ of Waterbeach and Landbeach, Cambridgeshire through their18isure tlme activitles by the employment of a Youth Worker or Youth Workers, $0 as lo develop thelr physlcal, ment81 and spiritu81 capeclties th8t they may grow to full maturity as Indlvlduals and members of soclety and th8t Ihelr conditlons of Ilfe m8y be improved. These object8 are fulfilled through the continuing employment of our team of Youth Worker8. In settlng oblectlves and plannlng for actlvltles, the Trustees have glven due conslderallon to gen8ral guldance published by the Charlty Comml881on relating to public benefit, Including the guidance 'Public ben8flt-. runnlng charity {PB2)'. Achlovements and performanGe Maln aGhlevements of the Charlty rrhe prlncipal achlevement of the ¢harlty has been the success of Its Youth Workers In po8ltlvely engaging with 80 many of the young people in the area that the Charity serves. Thls has publlc benefit not only for the young but to the community as a whole, which is fortunate in expari8nclng lower18V8ls of youth crime and antlsocial behavlours than would otherwlse be expected. Due to the loss of somekey funding and a reduction in the funding from the local Parish council we were anticipating a significant loss In this financial year, however due to the dedicated fund raising of our administrator we were able to access some new fundlng source8 includlng a Cost of Llvlng Fund from UK Youth whlch has lead us to almost breaking even Ihls year. As almost all funding is provided on a short term basis, searching for funding for the youth club is an ongoing activity and remalns a challenge. We have had a year of stabillty In terms of staffing whlch ig helpful for the con8lStent wnnlng of tha youth club. Our lead youth worker Elaine stepped up after the departure of our prevlous lèad youth worker and has led the team brilliantly this year, ensuring there are a range of activrties available to cater to the different interests and needs of our young people. Our traineeship program for young volunteers providing interested young people training and support to gain new ski115 and experiences has progressed well with our second trainee completing the programme and becoming a paid youth worker in the team. Whilst we do not currently have a new trainee we are very keen to continue this programme and will look to take on a new trainee in the new academic year should there be a suitable candidate available. Page 2
WATERBEACH AND LANDBEACH ACTION FOR YOUTH (A company Ilmited by guarantee TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 30TH JUNE 2024 Achlgvement8 and parformance (contlnued) b. Rgvlow of actlvltles The princlpal focus of the Charity's activity is the youth club, which contlnues to attract considerable numbers of young people on each session. A wide range of regular activities are offered alongslde planned programme of special projects, Including actlvity days at external venues. The programme benefits young people by developing their self-confidence and soclal 5kllls alon9slde practlcal and Ilfe skills. Alongsid8 these activltles the club has offered HAF (Holiday, Actlvlty and Food) sessions during 8ummer, Chr18tma8 8nd Easter holidays, provldlng hot meals for m8mbers who recelved free school meals during term tlm8s. Whllst Ihls scheme pr8gents addilional admlnlstrativa chall8ng8s, it has been welcomed by the young people and we look forward to contlnuing to offer additional 8e881on8 through th18 scheme over the comlng year. We w8r8 pleased to welcome a new trustee thi8 year, however we a180 saw the re8lgnatlon of two other trustees and 80 recruitment of additional tru8te88 wlll be important to enable the tru8tees to contlnue to oversee the actlvllles of the youth club. c. Factors r818vant to achl8vo objoetlvoq In October 2018 we took the decislon to remove the need for our members to make a Small monetary donation each time they vislted a youth club sesslon. We also took the declslon to run the Club on nlght8 rather than three. Happily, Ihis has resulted in more members attendlng at each sesslon. Our relatlon8hlp wlth external agencles such a8 the local authority services for young people and 8chools ensures that members facing difficulties in their personal lives are appropriately 8UPPOrted and guided. Flnanclal revlew a. Golng concern After maklng approprl8te enqulrles, Includlng a three-year busine33 contlnulty plan whlch was developed by the Adminislrator and approved by the Trustees, the Trustees have a reasonable expectation that the Charity ha8 adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the golng concern basis in preparing the flnanclal statements, Further detalls regarding the adoptlon of the golng concern basis can be found In the accountlng policies, b. Reserv08 poIIcy R888rve8 8hould provide the charlty wlth adequate flnanclal Stability and the mean3 for It to meet Its charltable objectives for the forseeable future. Due to the unsecured nature of our funding streams, the Trustees aim to maintain the charltls reserves at a level between twelve and elghteen month's operational expenditure. The level of reserves and appropriateness of the policy are reviewed at each Trustee meeting. Structure, governance and management Constltutlon Waterbeach and Landbeach Action for Youth is a company limited by guarantee and a registered charity governed by its Memorandum and Articles of Association. It was incorporated on 23 September 2002. Page 3
WATERBEACH AND LANDBEACH ACTION FOR YOUTH (A company Ilmlted by guarantee) TRUSTEES, REPORT (CONTINUED} FOR THE YEAR ENDED 30TH JUNE 2024 Structure, governance and management (contlnued) b. Mothods of appolntmant or electlon of Tru8tea8 The management of the Charity Is the respon8ibillty of the Trustees who are elect•d and co-opted under the tems of the Trust deed, Membern, Ilablllty The Members of the Charity guarantee to contribute an amount not exceedlng £10 to the alsets of th6 Charity in the event of winding up. Statom•nt of Tru8t008' r08pon81bllltl88 The Trustees (who are also the directors of the Charlty for the purposes of company law) are responsible for preparing the Trustees, report and the flnancial 8tatementB In accordanc8 wlth appllcable law and Unlted Kingdom Accounting Standards {Unit8d Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financlal statements for each financlal , Under company law, tho Trustees must not approve the fin8nc1818tatements unless they are satisfied that thay giv8 a true and fair vlew of the Slate of affairs of the Charity and of Its Incomlng resources and appllcation of resources, including its income and expendlture, for that perlod. In preparlng these fln8nc181 statements, the Trustees are requlred to.. 8aleGt sultable accouniing pollcles and then apply them cons18tently', ob3erve the method8 and prlnclples ol Ihe Charlll88 SORP (FRS 102)., make judgments and accountlng estlmate8 that are reasonable and prudent., State whether appllcable UK Accountlng Standards (FRS 102) have been followed, sublect to any materlal departures disclosed and explained in the financial statements; prepare the tlnanclal Statements on the golng concern basls unless It13 Inapproprlaie to presume that the Charity wlll contlnue in bu81ne88. The Trustees are responslble for keeping adequate accountlng records that are sufficient to show and explain the Charltys transaGlions and dlsclose wlth reasonable accuracy al any tlme the financial position of the Charity and enable them to ènsure thal the flnanclal statements comply with the Companles Act 2006. They are also responsible for $8feguardlng the assets of the Charfty and hence for taklng re880nable Steps for the preventlon and detection of fraud and other irr8gularities. Approved by order of the members of the board of Trustees and signed on their behalf by: Benjamln Davld Cons {Chair of Trustees) Date: 27 August 2024 Page 4
WATERBEACH AND LANDBEACH ACTION FOR YOUTH (A company Ilmlted by guaranteo) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30TH JUNE 2024 Independent examlnorfs report to the Trusteag of Waterbeach and Landboach Actlon for Youth ('the Charlty,) I report to the charlty Trustees on my examlnatlon of the aGcount8 of the Charity for the year ended 30th June 2024, Re8ponslbllltle8 and basls of r•port As the Trustees of the Charlty (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requlrement8 of the Companie8 Act 2008 {'the 2008 Act,). Having satisfied myself that the account8 of the Charity are not required to be audited under Part 16 of the 2006 Act and are ellglble for Independent examination, I report in réspect of my examination of the Charity's eccount8 carrl8d out under 58Ctlon 145 of th8 Charltles Act 2011 {'th6 2011 Act,). In c8rrying out my examination I have followed the Direction8 glven by the Charlty Commlsslon under 8ectlon 14515){b) of the 2011 Act. Independent examlner's statement I have completed my examlnatlon. I conflrm that no matters have come to my attentlon In Conne10n wlth the examlnatlon glvlng me cause to bolleve.. accountlng records were not kept In respect of the Charlty 88 requlred by 8ectlon 386 of the 2006 Act., or the accounts do not accord wlth th08e records,. or tha account8 do not comply with the accounting requirements of soctlon 398 of the 2006 Act other than any requlrement that the accounts glve a 'true and fall view which 18 not a matter consldered 88 part of an independent examlnation., or the accounts have not been prepared In accordance with the methods end prlnclples of the Statement of Recommènded Practice for accounting and reportlng by charitieB lappllcable to charlli88 preparing Ihelr accounts In accordance wlth the Flnanclal Reporting Standard 8ppllcable in the UK and Republic of Ireland (FRS 102}1. I have no concerns and have come across no other m8tt8rs in connection with the examlnation to whlch attention should be drawn In thls report In orcler to enable a proper und8rstandlng of the accounts to be reached. Thls report Is made solely to the Charitys Trustees, as a body, In accordance wlth Part 4 of the Charltles (AGcounts and Reports) Regulatlons 2008. My work has been undertaken $0 that I mlght stat8 to the Charity's Trustees th08e matters l am required to State to them in an Independent examlner's report and for no other purpose. To the fullest extent parmitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees 88 a body, for my work or for thi8 report. Signed lan Piper Dated.. 28th August 2024 l G C Piper, Partner, FCA Whitings LLP George Court Bartholomew's Walk Ely Cambridgeshlre CB7 4JW Page 5
WATERBEACH AND LANDBEACH ACTION FOR YOUTH (A company Ilmlted by guarantee) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 30TH JUNE 2024 Unre8trlcted funds 2024 Restrlcted fund8 2024 Total funds 2024 rotal funds 2023 Noto Income from: Donations and legacle8 Investment8 6,022 502 26,086 31,109 602 51,338 268 Total Income 6,624 26,086 31,610 51,606 Expendlture on: Raislng fund8 Ch8rltable actlvltl88 3,754 1,048 20,944 6,930 24,698 6,978 31, 146 12, 134 Total expendlture 4,802 28,874 31,876 43,280 Net Incomel(expendlture) Transfers between funds 722 6,180 1788 (5,1801 166) 8,326 Ngt movement In fund8 5,902 16,968) 166) 8, 326 Reconclllatlon of fund8: Total funds brought forward 64.623 19,210 73,833 65,507 Total funds carrled fOard 60,626 13,242 73,767 73,833 The Statement of financlal activities include8 all galn8 and losses recognised In the year. The notes on pages 8 to 15 form part of these financlal statements, Page 6
WATERBEACH AND LANDBEACH ACTION FOR YOUTH (A company limlted by guarantee) REGISTERED NUMBER: 04641948 BALANCE SHEET AS AT 30TH JUNE 2024 2024 2023 Noto Flxed a$88ts Currènt a••ets Debtors Cash at bank and In hand 90 74,696 74,607 74,786 74,607 Creditors.. amoun18 falling due wlthln one year (1,019 (774) Net current a880ts 73,787 73,833 Total a888t81888 current Ilabllltle8 73,767 73, 833 Net assets excludlng penslon asset 73,767 73,833 Total net a8•gt• 73,767 73,833 Charlty funds Restricted funds Unrestricted fund8 13,241 60,626 19,210 54, 623 Total funds 73,767 73,833 The Charity was entitled to exemption from audlt under sectlon 477 of the Companles Act 2008. The members have not required the company to obtain an audlt for the year in questlon In a¢¢ord8nce wlth 8eGtion 476 of Companies Act 2006, The Trustees acknowledge their responsibilltles for complying wlth the requirements of the Act wlth respect to accountlng records and preparation of financial Statements. The financial statements have been prepared in accordance wlth the provlsions applicable to entities subject to the sm811 companies regime. The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by.. Benjamln Davld Cons {Chair of Trustees) Date: 27 August 2024 The notes on pages 8 to 15 form part of these financial statements. Page 7
WATERBEACH AND LANDBEACH ACTION FOR YOUTH (A company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2024 General Infomiatlon The charlty is limlted by guarantee, and consequently does not have share capital. Each of the trust6as is liable io contribute an amount not exceeding £10 towards the assets of the charity in the event of Ilquidation The address of the registered offlce 18: Varslty Fami School Lane Chittering Cambridge CB25 9PW Accountlng pollcl08 2.1 8a$l$ of preparatlon of flnanclal 8tatements The flnanclal statements have been prepared In accordance with the Charltles SORP (FRS 102) Accounting and Reportlng by Charitles.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicablo in the UK and Republlc of Ireland (FRS 102> {effeGtive 1 January 2019), the Flnancial Reportlng Standard applicable in the UK snd Republlc of Ireland (FRS 102) and tho Companle8 Act 2006. Waterbeach and Landbeach Actlon for Youth meets the deflnltlon of a publlc benefit entlty under FRS 102. A888t8 and liabilities are initially recognised at hl8toric•l co8t or transaction valu• unless othepwlse stated In the relevant accounting policy, 2.2 Golng concern The Trustees ¢onslder that there are no material uncertainties about the Charlty's ablllty to continue as a going concern nor any significant area of uncertalnlty that effect the carrying value of assets held by the Charity. 2.3 Incom8 All income is recognised once the Charity has entitlement to the Income, it is probable that the Income wll be received and the amount of income receivable cen be measured reliably. Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for speclflc purposes but not expended during ihe period is shown in the relevant funds on the Balance sheet. Where Income Is r8celv8d In advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the Income Is accrued. Income tax recoverable in relation to invastm8nt incom6 is recognisèd at thé timé thé investment income is receivable. Page 8
WATERBEACH AND LANDBEACH ACTION FOR YOUTH (A company Ilmited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2024 Accountlng pollcles (contlnued) 2.4 Expendlture Expenditure 1$ recognised once there Is a legal or constructlve obligatlon to transfer economlc b8n8fit to a thlrd party, it is probable that a transfer of economlc benefits wlll be required In Settlement and the amount of the obligation can be measured reliably. Expendlture 18 clas8lfled by activity. The c08t? of each actlvlty are made up of the total of dlrect costs and shared costs, including support costs involved In undertaklng each activity. Dlrect costs attributable to a single activity are allocated directly to thai activity. Shared costs which contrlbute to more than one aclivlty and support costs whlch are not attributable to a single activity are apportloned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charge8 allocated on the portion of the 888et'8 use. Expenditure on ralslng funds Includes all expendlture Incurred by the Charlty to r8188 funds for it8 charltable purpojes and Includes costs of all fundraising activities events and non-charltable Iradlng. Expenditure on charitable activities is incurred on directly undertaking tha octlvStle8 whlch further the Charlty's oblectlves, as well as any 8830ciated support cost8. All expendlture Is Incluslve of Irrecoverable VAT. 2.5 Government grants Government grants relatlng to tanglble fixed a88ets 8r8 treated as deferred Incoma and released to the Statement of financial activities over the expected useful Ilves of the assets concerned. Other grant8 are credited to the Statement of flnancial activltl88 a8 the related expenditure18 Incurred. 2.6 Dobtor8 Trade and other debtors are recognised at the Settlement amount after any trade discount offered. Prepayments are valued et the amount prepaid net of any trade discounts due, 2.7 Ca8h at bank and In hand Cash at bank and In hand includes cash and short-term hlghly Ilquld Investments wth a short maturlty of three months or less from the date of acquisltion or opening of the deposit or slmilar account. 2.8 Llabllltle8 and provl$lon8 Liabilities are recognlsod whan thara18 an obligation at th• Balance sheet dato as a result of a past event, it is probable that a transfer of economic benefit will be required in Settlement, and the amount of the settlement can be estimated reliably. Llabllltles are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is materlal, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is rewgnised in the Ststement of financial activities as a finance cost. Page g
WATERBEACH AND LANDBEACH ACTION FOR YOUTH (A company limlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2024 Accountlng pollcles (¢ontlnu8d) 2.9 Flnanclal In8trumants The Charity only has financlal assats and financial liabllitla8 of a kind that qualify a$ basic financial Instrument8. Basic financial instruments are Inltlally recognlsed at transaction value and subsequently measured at their settlement value with the exception of bank loans whlch are sub8aquently measured ai amorti98d cost u8ing the effective interest method. 2.10 Fund accountlng General fund$ are unrestrlcted funds whlGh are avallable for use at the dlscretlon of the Trustees In furthèrance of the general objectives of the Charlty and whlch have not been deslgnated for other purp08e8. Restrlctéd fund8 fund8 whlch are to be used In accordance wlth 8peclflc restrlctlons impo¥ed by donors or which have been raised by the Charlty for partlcular purposes. The costs of raislng and administering such funds are charged against the specific fund. The aim and u88 of each rostrlcted fund Is set out In the notes to the financial statements. Investment Income, galn8 and losses are allocated to the approprlate fund, Income from donatlon8 and logacles Unr08trlctéd funds 2024 Rostrlct•d funds 2024 Total funds 2024 Donatlons Government grants 3,184 1,838 2,500 23,586 6,684 26,424 5,022 28,088 31,108 Unrestrlct8d funds 2023 Restrfcted fijnds 2023 Total funds 2023 Donations Government grants 3,830 7, 100 3, 830 47,509 40,409 10,930 40,409 51,339 Page 10
WATERBEACH AND LANDBEACH ACTION FOR YOUTH (A company Ilmited by guarant88) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2024 Investment Income Unrestrlcted funds 2024 Total funds 2024 Total funds 2023 Investment Income 502 602 268 Staff costs 2024 2023 Wageb and 8alarfe8 24.698 31, 146 24,698 31, 146 The average number of persons employed by the Charlty durlng the year was as follows., 2024 No. 2023 No. Admini8trator Youth Worker No employee received remuneration amountlng lo more than £60,000 In elther yaar. Tru8te88' remuneratlon and expen888 Durlng the year, no Trustees received any r8mun8ratlon or other beneflts (2023 - £NIL). During the year endèd 30th June 2024, no Trustee expenses hava bèen incurred (2023 - £NIL), Pagé11
WATERBEACH AND LANDBEACH ACTION FOR YOUTH (A company Ilmlted by guaranteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2024 Crodltors: Amount8 falllng dua wlthln one year 2024 2023 Pension contributions Other creditors Accruals and deferred income 62 147 820 774 1,019 774 Page 12
WATERBEACH AND LANDBEACH ACTION FOR YOUTH (A company Ilmited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2024 Statement of funds Statement of funds - current year Balance at 1st July 2023 Balance at 30th June 2024 Transfers Inlout Income Expendlturo Unre8trlcted fund8 General Fund8 Emergency Operating Fund 12,473 42,150 6,524 (4,801) 6,180 18,376 42,160 64,623 6,624 {4,801) 6,180 60,526 Re8trlcted fund• Innovate and Cultlvate (Comm Youth Worker Waterbeach Parlsh Councll Llvlng Sport NCS PECT Envlronment Fund Natlonal Lottery Community Day South Camb¥ District CounGil Communlty Chest Cambridgeshlre County Councll Community Reach Fund CCF October Fund South Cambs Youth Grant - Cooking Cup Trust Holidays Actlvlty and Food Landbeach Parochlal Councll UK Youth Urb8n and Civic Outreach 939 (939) 864 1,590 2,500 (2,633) 831 (1,690) 2,600 1,000 (2,600 (1,079) 79 679 (679) 2,000 (2,061 61 406 (406 (94) 4.606 14.411) 6,263 250 2,500 6,331 (601) (2,643) (6,717) 6,012 43 7,784 297 7,398 1297) 30 (1,388) 4.600 (4,5301 1,388 19,210 26,086 126,875) (5,180 13,241 Total of funds 73.833 31,610 (31,676) 73,767 Page 13
WATERBEACH AND LANDBEACH ACTION FOR YOUTH (A company limited by guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2024 Statement of funds (contlnued) 8tatgment of funds - prlor year Bal8nc8 at 30th Jun8 2023 8alance at 1st July 2022 Transfe in/out Incom8 Expendltur8 Unregtrlcted fund• General Funds Emergency Operatlng Fund 628 42, 150 11,197 (9, 193) 9,841 12,473 42, 150 42, 778 11,197 (9, 193) 9,841 54, 623 Re8trlcted fund8 Innovate and Cultlvate (Comm Youth Worker Waierbeach Parlsh Councll Llvlng Sport NCS PECT Envlronment Fund South Camb$ District Councll Community Chest Cambrldgeshlre County Councll Community Reach Fund Cambridgeshire Communlty Foundatlon #IWILL Fund - For litter picks CCF October Fund Equipment fund South Cambs Youth Grant - Cooklng Cup Trust Holidays Activity and Food Landbeach Parochlal Council UK Youth Lets cook- cooking grant Urban and Clvlc Outreach 691 851 803 7, 500 5, 000 1,241 (7, 252) (4, 987) (454) 939 864 1,590 679 679 3,501 (3,501) 553 (553) 147 (241) 406 463 3,890 10 (463) (3,890) (io) 5.274 1,500 2, 658 297 250 (261) 5,263 (1, 500) 10,918 (5, 792) 7, 784 297 15,000 (15, 100) 100 (24) 24 1,388 1,388 22, 729 40, 409 (34, 087) (9,841) 19,210 Page 14
WATERBEACH AND LANDBEACH ACTION FOR YOUTH (A company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2024 Statemont of funds Icontlnued) Total of fund8 65,507 51,606 (43,280) 73,833 Addltlonal Informatlon on mov•mont of fund8 Within general fund8, an emergency operatlng reserve has been set up wlth tha alm to COV8r approxlmately 12-18 months running cost8 10. Summary of funds Summary of fund8 - current year Balancè at 1st July 2023 Balance at 30th June 2024 Transfers Inlout Incom8 Expendlture General fund3 Restricted funds 64,623 19,210 5,624 26,086 14,801) 126,875) 5,180 (6,180) 60,526 13,241 73,833 31,610 (31,676) 73,767 Summary of fund8 - prlor year Balanc8 81 30th June 2023 B8lanc& al 1st July 2022 Transfe in/out Income Expendlture General funds Restricted funds 42, 778 22, 729 11,197 40,409 (9, 193) (34, 087) 9,841 (9,841) 54, 623 19,210 65,507 51,606 (43, 280) 73,833 Page 15
WATERBEACH AND LANDBEACH ACTION FOR YOUTH IA company Ilmlted by guarantee) INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30TH JUNE 2024 2024 2024 2023 2023 Income Donations Grants Glft ald rec8lv8d Investment income 6,884 23,686 - C&• •*. 1,738 602 3,830 47,509 267 Gro88 Income 31,610 51,606 L888: Expendlture Staff c0818 Projects and events Insurance 24,698 1,484 696 31, 146 4,945 556 180 938 823 2,058 1,244 1,390 Use of home Office cost8 Trevel and 8ub818tence Rent Profes8lonal and compliance fees Equlpment and materlals 180 141 238 2,565 1,199 586 31.676 43,280 Total oxpendlture 31,676 43,280 Net (oxpendlturelllncome for the reportlng perlod (66 8,326 ID•flclt)ISurplus for the rnportlng porlod (66) 8,326 (66 8,326 THIS SCHEDULE IS NOT FOR PUBLICATION Page 16