2020-12-31-accounts

Trustees		Mr A R G Pudner
		Mrs EJ Pudner
		Ms P E Helliar-Symons
		Rev. BF Davies
		Mr J R Davis
		Mr D E Main
		Mr L Layton-Matthews		(Appointed	28 October 2020)
Secretary		Mrs EJ Pudner
Charity number		1095999
Company	number	04626174
Principal address		Oakwood Youth	Challenge
		Waterloo Road
		Wokingham
		Berkshire
		RG40 3DA
Registered	office	The Barn House
		Waterloo Road
		Wokingham
		Berkshire
		RG40 3BY
Auditor		Ward Williams
		Belgrave House
		39-43 Monument	Hill
		Weybridge
		Surrey
		KT13 8RN
Bankers		Barclays Bank PLC

			Page
Trustees'	report		1-5
Independent auditor's		report	6-8
Statement	offinancial	activities
Balance sheet			10
Statement	ofcash flows
Notes to	the financial	statements	12-24

					Unrestricted Unrestricted	Unrestricted Unrestricted	Restricted	Total	Total
					funds	funds	funds
					general	designated
				Notes	2020 E	2020 E	2020 f	2020f	2019 E
Donations and	legacies				3,050	760		3,810	778
Charitable activities					555,956			555,956	1,118,075
Other activities					56,781	61		56,842	160,175
Investments					6,000			6,000	2,750
Other income					189,618			189,618
Tots I income					811,405	821		812,226	1,281,778
EXQgtl@Luur	K
Raising funds				7	46,158			46,158	140,601
Charitable activities				8	794,539	2,425		796,964	862,004
Totalresources		expended			840,697	2,425		843,122	1,002,605
Net (outgoing)/incoming			resources
before transfers					(29,292)	(1,604)		(30,896)	279,173
Gross transfers	between		funds		(2,723)	3,000	(277)
Net movement	in funds				(32,015)	1,396	(277)	(30,896)	279,173
Fund balances	at	1 January			596,874	1,359	277	598,510	319,337
Fund balances	at 31 December				564,859	2,755		567,614	598,510

						2020		2019
					Notes	f		f
Fixed assets
Tangible assets					12		813,810		782,587
Current assets
Stocks					14	6,131		10,492
Debtors					15	95,008		181,694
Cash at bank and		in	hand			118,223		181,809
						219,362		373,995
Creditors:	amounts		falling due within
one year					16	(263,059)		(345,981)
Net current	(liabilities)/assets						(43,697)		28,014
Total assets less		current		liabilities			770,113		810,601
Creditors:	amounts		falling due after
more than	one year				17		(202,499)		(212,091)
Net assets							567,614		598,510
Income funds
Restricted	funds								277
r	fnd			ral
Designated	funds				21	2,755		1,359
General unrestricted			funds			564,859		595,515
							567,614		596,874
							567,614		598,510

					2020		2019
				Notes			f
Cash flows from operating		activities
Cash generated from operations				24		158,581		516,564
Investing	activities
Purchase	oftangible fixed assets				(211,685)		(425,445)
Proceeds	on disposal oftangible		fixed
assets							2,775
Net cash	used in Investing	activities				(211,685)		(422,670)
Financing	activities
Repayment	of bank loans				(10,482)		(9,329)
Net cash	used in financing	activities				(10,482)		(9,329)
Net (decrease)/increase in		cash	and	cash
equivalents						(63,586)		84,565
Cash and	cash equivalents	at beginning		ofyear		181,809		97,244
Cash and	cash equivalents	at end of		year		118,223		181,809

					Unrestricted	Unrestricted	Total	Total
					funds	funds	2020	2019
					general	designated
						F
	Donations		from individuals	and gift aid reclaimed		760	760	772
	Regular	giving and capital		donations	3,050		3,050	6
					3,050	760	3,810	778
	For the	year ended 31 December 2019			158	620		778
3	Charitable		activities

				Residential	Indoor	Total	Total
				olid ootdoor	climbing	2020	20t0
				activities	centre
					2
Charitable	activities	and	services	46,000	509,956	555,956	1,118,075

		UnrestrictedUnrestricted	UnrestrictedUnrestricted	Total	Total
		funds	funds	2020	2019
		general	designated
		8	6
Fundraising events			61	61	1,022
Indoor climbing	centre - retail income	13,345		13,345	21,016
Indoor climbing	centre - Cafe	43,436		43,436	138,137
Other activities		56,781	61	56,842	160,175
For the year ended 31 December 2019		159,153	1,022		160,175

5	Investments
					2020	2019
	Rental income				6,000	2,750
6	Other income
					2020	2019
	Government grants	re Covid-19			189,618
7	Raising funds
					2020	2019
	Climbing equipment	and clothing		for resale	9,574	15,675
	Cafe expenses - purchases Staff costs		and	consumables	20,283 16,301	53,891 71,035
					46,15e	140,601

Charitable activities
	Residential	Indoor	Total	Total
	and outdoor	climbing	2020	2019
	activities	centre
Staff costs	18,854	121,418	140,272	264,627
Depreciation	39,003	109,063	148,066	127,393
Disposal ofassets	314	425	739	2,418
Catering expenses Equipment and consumables Cleaning and laundry	1,701 384 920	7,764 2,053	1,701 8,148 2,973	7,702 21,813 7,921
Activity instruction and training	5,808	6,426	12,234	22,268
Repairs and maintenance Utilities and telephone	5,021 2,580	2,100 9,605	7,121 12,185	9,132 21,607
Membership fees and licensing	661	5,292	5,953	2,960
Bank charges and loan interest	128	15,568	15,696	19,747
Computer, website and software fees Miscellaneous expenses and bad debts		2,378 547	2,378 613	3,173 4,175
Route setting costs Competition prizes and event costs Paralympics GB Free ofcharge services Unrecovered VAT	824	24,334 435 5,399 2,425 5,008	24,334 435 5,399 2,425 5,832	43,596 6,108 13,533 283 6,816
	76,264	320,240	396,504	585,272
Donations made	17,732		17,732	9,300
Share ofsupport costs (see note 9) Share ofgovernance costs (see note 9)	37,748 525	339,730 4,725	377,478 5,250	261,932 5,500
	132,269	664,695	796,964	862,004
Analysis by fund Unrestricted funds - general	132,269	662,270	794,539
Unrestricted funds - designated		2,425	2,425
	132,269	664,695	796,964
For the year ended 31 December 2019 Unrestricted funds - general	204,145	657,576		861,721
Unrestricted funds - designated		283		283
	204,145	657,859		862,004

Support co	sts
			Support	Governance	2020	2019	Basis ofallocation
			costs	costs
				E
Staff costs			286,391		286,391	165,586	Based on income spht
Depreciation			31,353		31,353	28,465	Based on income spht
Disposal of	assets		304		304	466	Based on income split
Insurance			8,671		8,671	13,055	Based on income split
Legal fees			2,492		2,492	3,689	Based on income split
Unrecovered	VAT		7,049		7,049	9,525	Based on income spht
Office costs			13,937		13,937	11,311	Based on income split
Advertising			3,663		3,663	3,179	Based on income split
Utilities and	telephone		5,641		5,641	8,120	Based on income split
Vehicle running		costs	1,843		1,843	3,375	Based on income split
Site maintenance			16,134		16,134	15,161	Based on income split
Audit fees				5,250	5,250	5 500	Based on income split
			377,478	5,250	382,728	267,432
Analysed between
Charitable activities			377,478	5,250	382,728	267,432

					2020	2019
					Number	Number
Charitable Activities					19	21
Employment costs					2020	2019
					f	8
Wages and salaries					408,367	464,698
Social security costs					29,017	31,213
Other pension costs					5,580	5,337
					442,964	501,248
The number of employees	whose	annual	remuneration	was 560,000 or
more were:
					2020	2019
					Number	Number
870,000 - f79,999						1
860,000 - 869,999

12	Tangible fixed assets	Tangible fixed assets
							Leasehold	Assets under	Furniture,	Motor	vehicles	Tots I
						improvements		construction	ilxtures snd
						and	structures f		equipments f		f
	Cost
	At 1 January	2020					577,336	94,351	617,276		8,998	1,297,961
	Additions						16,487	91,595	103,603			211,685
	Disposals								(23,205)			(23,205)
	At 31 December 2020						593,823	185,946	697,674		8,998	1,486,441
	Depreciation	and impairment
	At 1 January	2020					146,441		363,204		5,729	515,374
	Depreciation	charged	in	the	year		67,677		110,925		817	179,419
	Eliminated in	respect of		disposals					(22,162)			(22,162)
	At 31 December 2020						214,118		451,967		6,546	672,631
	Carrying amount
	At 31 December 2020						379,705	185,946	245,707		2,452	813,810
	At 31 December 2019						430,895	94,351	254,072		3,269	782,587
13	Financial Instruments										2020f	2019 f
	Carrying amount offinancial					assets
	Debt instruments measured				at	amortised	cost				92,259	172,333
	Carrying amount offinancial					liabilities
	Measured at	amortised		cost							279,724	277,066
14	Stocks
											2020	2019
											f	f
	Clothing and	equipment		held	for resale						6,131	10,492
15	Debtors
	Amounts falling due		within		one year:						2020	2019f
	Trade debtors										92,196	172,277
	Other debtors										63	56
	Prepayments	and accrued income									2,749	9,361
											95,008	181,694

16	Creditors: amounts	Creditors: amounts	Creditors: amounts	falling due within one year	falling due within one year
							2020	2019
							6	8
	Bank loans					18	16,787	17,677
	Other taxation	and	social security				27,061	36,059
	Deferred income					19	158,773	244,947
	Trade creditors						23,149	21,162
	Other creditors						7,500	12,000
	Accruais						29,789	14,136
							263,059	345,981
17	Creditors: amounts			falling due after more than one year
							2020	2019
							6	6
	Bankloans					18	202,499	212,091
18	Loans and overdrafts
							2020	2019
							6	6
	Bank loans						219,286	229,768
	Payable within	one year					16,787	17,677
	Payable aRer one year						202,499	212,091
	Amounts included		above which		fall due after five years:
	Payable by instalments						130,905	141,386

		Movement	Movement	In funds
	Balance at 1	Incoming	Resources		Transfers	Balance at 31
	January	resources	expended			December
	2020					2020
	8					8
Bursary Fund	1,359	321		(1,925)	3,000	2,755
Local need Fund		500		(500)
	1,359	821		(2,425)	3,000	2,755

have ac	cess to the facilities ofthe Charity.
Analysis	of net assets between funds
		Unrestricted	Designated	Restricted	Total
		funds	funds	funds
		8	f
Fund balances at 31 December 2020 are
represented by: Tangible assets		813,810			813,810
Current	assets/(liabilities)	(46,452)	2,755		(43,697)
Long term liabilities		(202,499)			(202,499)
		564,859	2,755		567,614

24	Cash generated from	operations	operations	operations			2020 f	2019 F
	(Deficit)/surpus for the	year					(30,896)	279,173
	Adjustments for:
	Loss on disposal oftangible		fixed assets				1,043	2,884
	Depreciation and impairment		oftangible		fixed assets		179,419	155,858
	Movements in working	capital:
	Decrease in stocks						4,361	434
	Decrease/(increase) in	debtors					86,686	(59,029)
	Increase in creditors						4, 142	40,609
	(Decrease)/increase in	deferred		income			(86,174)	96,635
	Cash generated from	operations					158,581	516,564
25	Analysis ofchanges	In net	(debt)/funds
						At 1 January	Cash flows	At 31 December
						2020		2020
						f	f	6
	Cash at bank and in hand					181,809	(63586)	118223
	Loans falling due within	one	year			(17,677)	890	(16,787)
	Loans falling due afier	more	than	one year		(212,091)	9,592	(202,499)
						(47,959)	(53,104)	(101,063)