## **Registered Company No. 4484589 (England and Wales) Registered Charity No. 1096397**
## **LEATHERHEAD YOUTH PROJECT LIMITED**
**Directors’ Report and Financial Statements**
**for the year ended 31[st] December 2024**
**LEATHERHEAD YOUTH PROJECT LIMITED Contents of Directors’ Report and Financial Statements for the year ended 31[st] December 2024**
||**Page**|
|---|---|
|**Reference and Administrative Information**|**2**|
|**Directors’ Report**|**3**|
|**Independent Examiner’s Report**|**10**|
|**Statement of Financial Activities**|**12**|
|**Balance Sheet**|**13**|
|**Notes to the Financial Statements**|**14**|
|**Income and Expenditure Account**|**23**|
- 1 -
**LEATHERHEAD YOUTH PROJECT LIMITED Directors’ Report for the year ended 31[st] December 2024**
The directors present their report and financial statements for the year ended 31[st] December 2024.
## **Reference and Administrative Information**
|Charity Name:|Leatherhead Youth Project Ltd|
|---|---|
|Charity number:|1096397|
|Company number:|4484589|
|Registered office and|BFree Youth Café|
|operational address:|Kingston Road|
||Leatherhead|
||Surrey|
||KT22 7BT|
|Website:|www.leatherheadyouthproject.com|
|Directors:|Mr N Boniface|
||Mrs A Chamberlain|
||Mr M Coffin (Finance Director)|
||Mrs B Eckley|
||Mr T R Hall|
||Rev R C Stevens (Chair)|
|Secretary:|Mr N Boniface|
|Accountant:|Michael Coffin BSc (SocSci), ACMA|
|Bankers:|Barclays Bank plc|
||82/84 High Street|
||Epsom|
||KT19 8BA|
- 2 -
## **LEATHERHEAD YOUTH PROJECT LIMITED**
**Directors’ Report for the year ended 31[st] December 2024**
The trustees present their report and financial statements for the year ended 31 December 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Memorandum of Association, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (effective 1 January 2019).
## **Structure, Governance and Management**
## **Nature of the governing document and constitution of the charity**
The charity is constituted as a company limited by guarantee and is governed by the memorandum and articles of association dated 12[th] July 2002 as amended by special resolutions dated 10[th] February 2003, 10[th] January 2011 and 10[th] February 2011.
The directors of the company are also trustees of the charity. Eligibility for membership of the charity and membership of the board of trustees is governed by the memorandum and articles of association. There are no restrictions in the governing documents on the operation of the charity or on its investment powers, other than those imposed by general charity law
## **The methods adopted for the recruitment and appointment of new trustees**
At every annual general meeting one-third of the trustees retire from office. The trustees to retire by rotation shall be those who have been longest in office since their last appointment or reappointment.
If the Charity at the meeting at which a trustee retires by rotation, does not fill the vacancy the retiring trustee shall, if willing to act, be deemed to have been reappointed unless at the meeting it is resolved not to fill the vacancy or unless a resolution for the reappointment of the trustee is put to the meeting and lost.
No person other than a trustee retiring by rotation shall be appointed or reappointed a trustee at any general meeting unless:
- He/she is recommended by the trustees; or
- notice executed by a member qualified to vote at the meeting has been given to the Charity of the intention to propose that person for appointment or reappointment.
Subject as aforesaid, the Charity may by ordinary resolution appoint a person who is willing to act to be a trustee either to fill a vacancy or as an additional trustee and may also determine the rotation in which any additional trustees are to retire.
- 3 -
**LEATHERHEAD YOUTH PROJECT LIMITED Directors’ Report for the year ended 31[st] December 2024**
The trustees may appoint a person who is willing to act to be a trustee either to fill a vacancy or as an additional trustee provided that the appointment does not cause the number of trustees to exceed any number fixed by or in accordance with the articles as the maximum number of trustees. A trustee so appointed shall hold office only until the next following annual general meeting and shall not be taken into account in determining the trustees who are to retire by rotation at the meeting. If not reappointed at such annual general meeting, he shall vacate the office at the conclusion thereof.
## **Objectives and activities**
## **A summary of the objects of the charity as set out in its governing document**
To further the work and share the love of Jesus Christ by providing for the educational, training, physical, spiritual, moral, emotional, intellectual and/or recreational needs and general welfare of persons resident principally but not exclusively in Leatherhead in such manner as may be charitable without regard to religion, ethnicity, culture, age, sex or disability and with special concern for persons who through their social or economic situation are in need and in particular but not so as to limit the general nature of the above:
- to promote the development and improvement of young people under the age of 25 through the provision of recreational and leisure facilities;
- to provide care, counselling and/or support for young people under the age of 25 in need thereof;
- to provide education, training and information to young people under the age of 25.
## **Activities undertaken in relation to the objects of the charity**
The focus of the charity’s activities remains the BFree Youth Café which is an afterschool drop-in centre out of which projects are created to meet the needs of the young people who attend.
## **Summary of the main achievements of the charity during the year**
At Leatherhead Youth Project we focus on a relational approach to all the support we provide, enabling young people to overcome the barriers they face in their lives. We have seen a huge amount of success in this area with 100% of all young people accessing our counselling and emotional well-being service stating that they have seen improvement in their original reason for referral, as well as 94% of young people accessing our youth cafes positively moving along the LYP continuum.
- 4 -
## **LEATHERHEAD YOUTH PROJECT LIMITED**
## **Directors’ Report for the year ended 31[st] December 2024**
Our child-led approach to our projects means that the support is adaptable and flexible, but carries the LYP DNA throughout each activity we provide. In 2024 we ran a total of 17 projects, alongside delivering 836 counselling sessions.
We also continued to upskill the current team as well as employed a new Bookham lead - community youth worker to help further grow our work in Bookham and the surrounding areas. We are immensely proud of the hard work the team puts in, on a daily basis and have ended the year with over 600 young people having been supported.
We look forward to building on this success as we go into 2025 and would like to thank our donors, funders and supporters for their commitment to the work we do.
The 2024 infographic on the next page shows many of the achievements from the past year.
- 5 -
LYP
Q,2024
601
8360
Total number of young people accessed
LYP projects. not including 3 assemblie&
Total number of
counselling sessions
CONTINUUM
They¢thWork Continuum is a framework of our hoStic SUpFortfyoung peopleto helpthem
over¢ome Chalrjas. help them thrNe and contrilyjte to their ¢ommunty.
W•l¢•m•
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Empow•r
183
92
48
37
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prcgress8d from
progressed from
progrèssed from
WeEomgto Enga
Engage to Supp)rt
Support to Empower
YOUTH WORK
94%?tt
220£
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total wrcentage of young people Feople have been assessed IndivkaI plans have been put in
who moved upthecontinuum. vsir@ our leveLq of need framework plet0$UpQrt youro IpIe
92/2 100/0 81/1
said Byouthyouth Cafè had
help8d wthth•r ndShip
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said theyfdt moreccnfKJent
non-Judg8m8ntsl and erwrlThg. wnce atterKlir¥J BFree Y¢)rth Café
COUNSELLING AND EMOTIONAL
WELL-BEING
4.8,.(4 100/.7* 9.75.f¥
was the average rating received
fix ¢Mrall s1¢@ oxpèri•nco.
said Counselling and Emotional
Wéll-B6ing $8ss¢ons improv8d tl*ir
original reasoDfor referral.
was the average score from
ng [pIe that said they
felt listenedto.
**LEATHERHEAD YOUTH PROJECT LIMITED Directors’ Report for the year ended 31[st] December 2024**
## **From the Chair of Trustees:**
LYP has continued to fulfil its mission to serve young people in Leatherhead, Bookham and across Mole Valley so that they might experience transformation in every part of their lives. This is primarily enabled through the staff team and volunteers, and the trustees are rightly proud of their skill, professionalism, commitment, service and generosity. The achievements of the team are described in this report and they illustrate the impact that the work has amongst local young people.
The trustees have continued to have oversight of and input into the governance of the organisation as well as the fulfilment of its vision. The trustees have continued to monitor and approve the relevant policies and procedures as well as having clear sight of and input into the fundraising strategy and its implementation.
Appropriate financial controls are overseen by the trustees and they also take seriously the necessity to maintain healthy cashflow and reserves. During the year we have been able to fulfil all our financial commitments as well as maintain our reserves, with enough money to cover at least 3 months of expenditure.
Annual reviews of all staff are undertaken, including the CEO. Objectives are set for all the staff and CPD is available enable the team to build a broad-based set of skills and capacity. All staff undertake regular safeguarding training. Trustees are encouraged to ensure that they also receive regular training, including safeguarding training.
In 2024, we reviewed the following policies, while maintaining many other policies, that are of clear importance to any charity with similar objectives to ourselves, such as safeguarding:
- Acceptable Use Policy
- Code of Conduct
- Complaints Procedure Policy
- Disciplinary Procedure Policy
- • E Safety Policy
- Financial Policy
- Data Protection Policy
- Personal Data Breach Policy
- Training Policy
- 7 -
**Directors’ Report for the year ended 31[st] December 2024**
## **LEATHERHEAD YOUTH PROJECT LIMITED**
## **Financial Review**
During the period the charity had income resources of £297,125 and a total expenditure of £313,701 resulting in net outflow of resources of £16,576.
## **Reserves Policy**
Our reserves policy is designed to give us sufficient reserves to enable us to cope with unforeseen events without tying up funds that could be utilised to fund projects. With this in mind we aim to hold unrestricted reserves to cover between three and six months’ running costs.
Our current position achieves this target.
## **Public benefit**
We have referred to the guidance in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and on planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.
## **Statement of Directors' and Trustees' Responsibilities**
The trustees (who are also the directors of Leatherhead Youth Project Limited for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The Charities Act and the Companies Act require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
- state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements;
- 8 -
## **LEATHERHEAD YOUTH PROJECT LIMITED Directors’ Report for the year ended 31[st] December 2024**
The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are also responsible for the contents of the trustees' report, and the responsibility of the independent examiner in relation to the trustees' report is limited to examining the report and ensuring that, on the face of the report, there are no inconsistencies with the figures disclosed in the financial statements.
In the preparation of this report the directors have taken advantage of the exemptions applicable to small companies as conferred by Part 15 of the Companies Act 2006.
This report was approved by the board of trustees on 17 June 2025.
**__________________________ Rev R C Stevens Director**
- 9 -
## **LEATHERHEAD YOUTH PROJECT LIMITED**
## **Independent examiner’s report to the trustees of Leatherhead Youth Project Ltd**
I report on the accounts of the company for the year ended 31 December 2024, which are set out on pages 12 to 23.
## **Respective responsibilities of trustees and examiner**
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”). The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under Part 16 of the 2006 Companies Act and is eligible for independent examination, it is my responsibility to:
- examine the accounts under section 145 of the 2011 Act
- to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act
- to state whether particular matters have come to my attention
## **Independent examiner’s statement**
If the company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Association of Chartered Accountants, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
(1) accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or
(2) the accounts do not accord with those accounting records; or (3) the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or
(4) The accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
- 10 -
## **LEATHERHEAD YOUTH PROJECT LIMITED Independent examiner’s report to the trustees of Leatherhead Youth Project Ltd**
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report, in order to enable a proper understanding of the accounts to be reached.
Siobhan Glenister ACA
1 Park Road Hampton Wick Kingston Upon Thames KT1 4AS
Dated: 17 June 2025
- 11 -
## **LEATHERHEAD YOUTH PROJECT LIMITED Statement of Financial Activities for the year ended 31[st] DECEMBER 2024**
|_Notes_
**Incoming Resources**
Donations
_2_
Commissioning & Contracts
_3_
Gift Aid tax rebates
Sale of fixed assets
Fund Raising
Use of premises
Interest received
Other income
**Total Incoming Resources**
**Resources Expended**
Direct Charitable Expenditure:
Equipment
Events & Projects
Staff costs
Property costs
Share of support and
governance costs:
_14_
**Total Resources Expended**
**Surplus / (Deficit) for**
**the year**
_4_
**Fund balance**
**brought forward**
_9,10_
**Fund balance carried**
**forward**|**2024**
**2024**
**2024**
**2023**
**£**
**£**
**£**
**£**
Unrestricted
Funds
Restricted
Funds
Total
Funds
Total
Funds
104,347
44,647
148,994
163,718
125,051
-
125,051
119,108
2,725
45
2,770
1,971
-
-
27
9,801
3,000
12,801
9,979
-
-
-
230
7,510
-
7,510
5.657
-
-
-
405|
|---|---|
||249,434
47,692
297,126
301,095|
||166
360
526
1,538
3,543
7,886
11,429
13,796
220,274
40,981
261,255
245,755
25,228
2,611
27,839
21,272|
||249,211
51,838
301,049
282,361
10,036
2,617
12,653
15,699|
||259,247
54,455
313,702
298,060|
||(9,813)
(6,763)
(16,576)
3,035
125,600
22,792
148,392
145,357|
||115,787
16,029
131,816
148,392|
- 12 -
## **LEATHERHEAD YOUTH PROJECT LIMITED Balance Sheet as at 31[st] DECEMBER 2024**
|||**2024**|**2024**|**2023**|**2023**|
|---|---|---|---|---|---|
||_Notes_|**£**|**£**|**£**|**£**|
|**Fixed assets**||||||
|Tangible assets|_6_|1,433||2,575||
||||1,433||2,575|
|**Current assets**||||||
|Debtors|_7_|6,711||3,925||
|Cash at bank and in hand||157,452||185,922||
|||164,163||189,847||
|**Creditors: amounts falling**||||||
|**due within one year**|_8_|(33,780)||(44,030)||
|**Net current assets**|||130,383||145,817|
||||131,816||148,392|
|**Funds employed**||||||
|Unrestricted funds|_9_||115,787||125,600|
|Restricted funds|_10_||16,029||22,792|
||||131,816||148,392|
For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 Companies Act 2006. No member of the company has deposited a notice, pursuant to section 476, requiring an audit of these financial statements under the requirements of the Companies Act 2006.
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit or loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the company.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved by the Board for issue on 11 June 2025.
- 13 -
**LEATHERHEAD YOUTH PROJECT LIMITED Notes to the Financial Statements for the year ended 31[st] December 2024**
## **1 Accounting policies**
## **Accounting convention**
The financial statements have been prepared in accordance with the charity's memorandum and articles of association, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
## **Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
## **Incoming resources**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
- 14 -
## **LEATHERHEAD YOUTH PROJECT LIMITED Notes to the Financial Statements for the year ended 31[st] December 2024**
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
## **Resources expended**
Expenditure is recognised in the year in which the liability is incurred and is reported as part of the expenditure to which it relates.
Charitable activities' direct costs and support costs are those costs incurred directly in support of expenditure on the objects of the charity.
## **Tangible fixed assets and depreciation**
Tangible fixed assets are stated at cost less depreciation, except for set up costs and items funded entirely by external restricted donations which have been written off in the year in which the expenditure was incurred and the funding received. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings and equipment 33% - 50% x cost
## **Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **Financial instruments**
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
## **Critical accounting estimates and judgements**
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates.
There were no key judgements. The main accounting estimates are depreciation, gift aid debtors and accruals.
- 15 -
**LEATHERHEAD YOUTH PROJECT LIMITED Notes to the Financial Statements for the year ended 31[st] December 2024**
## **2 Donations**
A total of £148,993 donations were received during the year (2023 - £163,718). Out of this, £44,647 donations were restricted.
Donations and grants of £5,000 and over during 2024 were:
- National Lottery Community Fund (£17,417)
- Garfield Weston Foundation (£15,000)
- East Court Fund (£15,000)
- St Nicolas’ Church (Bookham) (£12,000)
- Bookham Baptist Church (£10,286)
- Eastwick Road Church (Bookham) (£10,000)
- Three Oaks Trust (£10,000)
- Surrey Education Grants Fund (£6,000)
- Dancer Fund (£5,050)
- Peter Harrison Foundation Community Fund (£5,000)
- Stonar Brighter Futures Fund (£5,000)
Where donations were received to cover a period overlapping a year end the figure quoted is the amount allocated to 2024.
## **3 Commissioning & Contracts**
The total Commissioning & Contracts income during the year was £125,051 (2023 -£119,108).
In April 2021 LYP began a new contract with Surrey Wellbeing Partnership to deliver emotional wellbeing support sessions as part of a new alliance, Mindworks Surrey. It is a county wide children and young people’s emotional wellbeing and mental health service. LYP received £117,311 from Surrey Wellbeing Partnership during 2024.
LYP also provided counselling and emotional wellbeing sessions, one day a week during the school term time, for St Andrews School. The school paid £6,870 in return for this.
## **4 Surplus for the year**
|The surplus is stated after charging:
Depreciation of tangible assets|**2024**
**£**
1,995|**2023**
**£**
2,570|
|---|---|---|
- 16 -
**LEATHERHEAD YOUTH PROJECT LIMITED Notes to the Financial Statements for the year ended 31[st] December 2024**
## **5 Taxation**
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
## **6 Tangible Fixed Assets**
||**Office**
**Equipment**|**Plant and**
**machinery**|**Furniture &**
**Fixtures**|**TOTAL**|
|---|---|---|---|---|
||**£**|**£**|
**£**|**£**|
|**Cost**|||||
|At 1 January 2024|5,128|9,429|
660|15,217|
|Disposals|(77)|(968)|
-|(1,045)|
|Loss on disposals|-|(53)|-|(53)|
|Additions|-|906|
-|906|
|At 31 December
2024|**5,051**|**9,314**|
**660**|**15,025**|
|**Depreciation:**|||||
|At 1 January 2024|3,938|8,093|
611|12,642|
|Disposals|(77)|(968)|
-|(1,045)|
|Charge for the
year|762|1,184|
49|1,995|
|At 31 December
2024|**4,623**|**8,309**|
**660**|**13,592**|
|**Net book value:**|||||
|At 31 December
2024|**428**|**1,005**|
**-**|**1,433**|
|At 31 December
2023|1,190|1,336|
49|2,575|
|**7 Debtors**|||||
||||**2024**|**2023**|
||||**£**|**£**|
|Invoiced Debtors|||1,512|450|
|Tax Refunds Due|||2,904|1,505|
|Other Debtors|||-|-|
|Prepayments|||2,295|1,970|
|||**6,711**||**3,925**|
- 17 -
## **LEATHERHEAD YOUTH PROJECT LIMITED Notes to the Financial Statements for the year ended 31[st] December 2024**
## **8 Creditors (amounts falling due within one year)**
||**2024**|**2023**|
|---|---|---|
||**£**|**£**|
|Invoiced Creditors|288|110|
|Other Creditors|2,084|1,373|
|Accruals & Deferred Income|25,564|36,973|
|Payroll Liabilities|5,800|5,530|
|Receipts on behalf of third parties|44|44|
||**33,780**|**44,030**|
## **9 Statement of movements on unrestricted funds**
|General|**At 1**
**January**
**2024**
**Income**
**Expenditure**
**Balance 31**
**December**
**2024**
**£**
**£**
**£**
**£**
125,600
249,434
259,247
115,787|
|---|---|
||**125,600**
**249,434**
**259,247**
**115,787**|
- 18 -
## **LEATHERHEAD YOUTH PROJECT LIMITED Notes to the Financial Statements for the year ended 31[st] December 2024**
## **10 Statement of movements on restricted funds**
|Bookham Sessional
Worker (Gatwick)
Bookham Projects
Connect (NL Awards for
All)
Grace Dear Trust (yr 6
transition)
Joe’s Buddy Line (yr 6
transition)
Into the Wild
(Leatherhead lions)
Into the Wild
Rebecca Cannon Vitality
Fund
Leatherhead 5 a day
Bookham Connect
Romania Trip
Bookham Equipment
(Anchor pub)
BFree (National Lottery)
THall (BFree Equipment)
Total Football
BFree (BBC CiN)
Youth Council
BFree and BFree+ (NL
Community)
Aspire (Harrison and
Education Grants)
Freestyle (Stonar and
Gatwick)
Bookham Sessional
Worker (Dancer Fund)
Levels of Need (The Big
Give)
Jellybean for 5 a day
Surrey CC C Curran
(Trips)|**At 1**
**January**
**2024**
**Income**
**Expenditure**
**Balance 31**
**December**
**2024**
**£**
**£**
**£**
**£**
4,033
-
4,033
-
3,690
225
3,350
565
2,587
-
2,587
-
2,001
-
1,489
512
2,001
-
1,489
512
1,442
-
1,198
244
1,345
-
-
1,345
1,213
-
1,213
-
1,103
-
1,103
-
995
-
195
800
922
-
-
922
548
-
379
169
486
-
315
171
202
-
202
-
100
-
-
100
75
-
75
-
49
-
5
44
-
17,417
16,909
508
-
11,000
9,103
1,897
-
8,000
7,404
596
-
5,050
407
4,643
-
3,000
-
3,000
-
2,000
2,000
-
-
1,000
1,000
22,792
47,692
54,455
16,029|
|---|---|
- 19 -
## **LEATHERHEAD YOUTH PROJECT LIMITED Notes to the Financial Statements for the year ended 31[st] December 2024**
Purposes of restricted funds:
- **Bookham Projects** - Funds donated specifically to support projects in Bookham
- **BFree (BBC CiN)** - Funds from BBC Children in Need to support our daily drop-in in Leatherhead.
- **BFree (National Lottery)** - Funding from National Lottery Community Fund to support our daily drop-in in Leatherhead.
- **Bookham Connect** - Donation from Bookham Belles WI to support targeted youth work in Bookham
- **Bookham Equipment (Anchor pub)** - Donation from the Anchor pub to provide equipment for our Bookham youth work.
- **Into the Wild** - Donation from Leatherhead Community Association to support our outdoor adventure project
- **Into the Wild (Leatherhead Lions)** - Donation from Leatherhead Lions to support our outdoor adventure project
- **Bookham Sessional Worker** - Funding from the Gatwick Foundation Fund through the Community Foundation for Surrey to cover the cost of employing a Sessional Worker in Bookham.
- **Romania Trip** - Donations to support our occasional trips to work with gypsy children in Romania
- **Leatherhead 5-a-day** - Funding from the Surrey Community Foundation Poverty Fund for our 5-a-day healthy eating project in Leatherhead.
- **Total Football** - Funding from Liquid Connection to support Total Football
- **Youth Council** - Funds received from the Community Foundation for Surrey to support our youth council
- **Connect (NL Awards for all)** – Funding from the National Lottery Awards for all England for our Connect work in Bookham and Leatherhead.
- **Grace Dear Trust (Yr 6 transition)** – Funding from the Grace Dear Trust for work supporting year 6 students in the transition to Secondary School.
- **Joe’s Buddy Line (Yr 6 transition)** – Funding from Joe’s Buddy Line for work supporting year 6 students in the transition to Secondary School.
- **Jellybean for 5-a-day** - funding for our 5-a-day healthy eating project given by Jellybean Creative Solutions Ltd.
- **Rebecca Cannon Vitality Fund –** Funding from the Rebecca Cannon Vitality Fund for key work with vulnerable young people.
- **BFree & BFree+ (NL Community)** - funding for BFree & BFree+ granted by the National Lottery Community Fund
- **Levels of Need (The Big Give) –** Funds raised using The Big Give Christmas Challenge for our Levels of Need assessment process.
- **Freestyle (CFS – Stonar and Gatwick)** - Funding from the Stonar Brighter Futures Fund and Gatwick Foundation Fund provided through Community Foundations for Surrey for our freestyle residential camp
- **Aspire (Harrison and Education Grants) –** Funding from Peter Harrison Foundation Community Fund and Surrey Education Grants Fund via Community Foundation for Surrey for one-to-one support for over 16’s through our Aspire project.
- 20 -
## **LEATHERHEAD YOUTH PROJECT LIMITED Notes to the Financial Statements for the year ended 31[st] December 2024**
- **Bookham Sessional Worker** ( **Dancer Fund)** - Funding from the Dancer Fund through the Community Foundation for Surrey to cover the cost of employing a Sessional Worker in Bookham
- **C Curran (Trips)** – Funding for summer trips from the Your Councillor Community Fund of Surrey County Councillor, Clare Curran.
- **T Hall (BFree Equipment)** – Funding for equipment for our daily Leatherhead drop-in from the Your Councillor Community Fund of Surrey County Councillor, Tim Hall.
It should be noted that three funds remained in place while the equipment that they funded are being fully depreciated. These are:
- BFree (BBC CiN)
- BFree (National Lottery)
- T Hall (BFree Equipment)
## **11 Analysis of net assets between funds**
||**Unrestricted**|**Restricted**|**Total**|
|---|---|---|---|
||**£**|**£**|**£**|
|Fixed Assets|1,433|-|1,433|
|Debtors|6,711|-|6,711|
|Cash at bank and in hand|141,423|16,029|157,452|
|Current Liabilities|(33,780)|-|(33,780)|
||**115,787**|**16,029**|**131,816**|
## **12 Analysis of staff costs**
||**2024**|**2023**|
|---|---|---|
||**£**|**£**|
|Salaries & Wages|237,685|223,651|
|Social Security Costs|14,782|13,255|
|Pension Costs|5,021|4,804|
||**257,488**|**241,710**|
There were no trustees’ remuneration or other benefits for the year ended 31 December 2024, nor for the year ended 31 December 2023.
No staff member was paid above £60,000 for the year ended 31 December 2024, nor for the year ended 31 December 2023.
- 21 -
## **LEATHERHEAD YOUTH PROJECT LIMITED Notes to the Financial Statements for the year ended 31[st] December 2024**
## **13 Analysis of staff numbers**
The average monthly headcount was 10.86 (2023:10.58) and the average number of full-time equivalent employees during the year was as follows:
||**2024**|**2023**|
|---|---|---|
|Youth Workers|4.66|4.72|
|Counsellors|2.00|1.77|
|Others|1.76|1.73|
||**8.42**|**8.22**|
## **14 Share of support and governance costs**
||**Support costs**|**Support costs**|**Governance costs**|**Governance costs**|**2024**|**2023**|
|---|---|---|---|---|---|---|
||Restricted|Unrestricted|Restricted|Unrestricted|Total|Total|
||**£**|**£**|**£**|**£**|**£**|**£**|
|Services|54|274|||328|319|
|Insurance|218|2,155|||2,373|2,239|
|Printing/Stationery|75|738|||813|1,209|
|Depreciation|1,447|548|||1,995|2,569|
|IT|135|1,330|||1,465|1,662|
|Bookkeeping|41|402|||443|439|
|PR & Publicity|136|1,193|||1,329|890|
|Legal costs|0|0|||0|2,640|
|Travel|449|1,212|||1,661|1,689|
|Subscriptions|35|350|||385|372|
|Bank Charges|10|104|||114|140|
|Sundry Costs|17|170|||187|175|
|**Total Support**
**Costs**|**2,617**|**8,476**|**0**|**0**|**11,093**|**14,343**|
|Independent|||||||
|Examination of the|||-|1,560|1,560|1,356|
|financial|||||||
|statements|||||||
|**Total Governance**
**Costs**|**0**|**0**|**0**|**1,560**|**1,560**|**1,356**|
|**Total Support**|||||||
|**and Governance**|**2,617**|**8,476**|**0**|**1,560**|**12,653**|**15,699**|
|**Costs**|||||||
- 22 -
## **LEATHERHEAD YOUTH PROJECT LIMITED Income and Expenditure Account for the year ended 31[st] December 2024**
|**Income**
Donations
Commissioning & Contracts
Gift Aid Tax Rebates
Sale of fixed assets
Fund Raising
Hire of Premises
Interest Received
Other Income
**Expenditure**
_Purchases_
_Loss on disposal_
Total Equipment
Projects & Events
_Wages and National Insurance_
_Staff Recruitment, Training and Other Costs_
Total Staff Costs
_Rent_
_Utilities_
_Repairs and Maintenance_
Total Property Costs
_Services_
_Insurance_
_Printing, Postage and Stationery_
_Depreciation_
_IT_
_Bookkeeping_
_PR/Publicity/Fundraising_
_Legal costs_
_Travel_
_Subscriptions_
_Bank Charges_
_Sundry Costs_
_Independent Examination_
Total Support & Governance Costs
**Surplus / (Deficit) for the year**|**2024**
**2023**
**£**
**£**
148,994
163,718
125,051
119,108
2,770
1,971
-
27
12,801
9,979
-
230
7,510
5,657
-
405|
|---|---|
||**297,126**
**301,095**|
||_473_
_53_
526
_1,538_
_-_
1,538
11,429
13,796
_257,488_
_241,710_
_3,767_
_4,045_
261,255
245,755
_19,602_
_12,500_
_4,422_
_4,971_
_3,815_
_3,801_
27,839
21,272
_328_
_319_
_2,373_
_2,239_
_813_
_1,209_
_1,995_
_2,569_
_1,465_
_1,662_
_443_
_439_
_1,329_
_890_
_-_
_2,640_
_1,661_
_1,689_
_385_
_372_
_114_
_140_
_187_
_175_
_1,560_
_1,356_
12,653
15,699|
||**313,702**
**298,060**|
|||
||**(16,576)**
**3,035**|
- 23 -