WILD Young Parents
Annual Report
2021
**This year, our Annual Report is focused on, and dedicated to, our WILD babies and toddlers, who have only known a pandemic world. We promise we will do our best to help you grow and develop, and have a more hopeful future.**
**Our WILD Vision We want young parents and their babies to have the right to belong and thrive, to be heard and helped, and to have the best possible start to family life Our Mission We will work alongside young parent families to provide a whole family service, and to challenge systems and society to give them a better chance at being healthy, happy and safe Our Aims Explore: collaborate with families, leaders and practitioners to design and deliver services and models that address the complexities families face Practice: deliver our whole-family, model flagship service across Cornwall Share: create effective resources and support for other organisations to learn and use Change: influence national policy, focus, services and narrative for young parent families**
# **IMPACT: young parents self-scored improvements in parenting skills**
**IMPACT: young dads' improvements in emotional wellbeing and parenting 75% feel they are better able to describe and express emotions 53% feel better able to feel calm at trigger points 70% demonstrated an improved understanding of attachment 33% report increased contact with their child 78% demonstrate an increased enjoyment of time with their child 50% of Dads feel communication between parents improved, and 32% report this has led to better co-parenting/contact 75% demonstrated increased confidence or understanding of caring for their child**
**Since our new Welcome Work team have started asking about risk indicators for suicide at joining WILD, they have identified that a huge 4 in 10 parents have risk indicators, and 1 in 6 of our new young mums have previously tried to take their own lives.**
**IMPACT: parental mental health (Youth Music evaluation tool based on Edinburgh-Warwick)**
**IMPACT: how we help with basic family needs (parents self-scored change since joining WILD)**
## **IMPACT: multiagency collaboration to support children**
**Young parent midwifery and health pathway is now on 'opt-out' basis, so more families are helped Training sessions delivered for health visitors, health visitor practitioners, "best start in life" early years practitioners, and childminders Partnership with health visiting to raise up concerns earlier for children Closer working with pre-birth social workers New Welcome Work team building outward referral pathways for specialist support for babies and parents**
## **Activities: Building children's language skills**
**600 sessions with children over the year, using Makaton each session, and Focus Fifteen - parent/child activities focused on language and social skills development**
**Bookstart boxes delivered to all families - books, storysacks, mark-making materials Tailored library storytime sessions for young parent families across Cornwall WILD weekly storytime WILD puppets out and about at groups and in nature**
## **Allotment**
Our Dads created an allotment in Pengegon Estate, Camborne. It has been a hugely valuable outdoor space to use in the pandemic. Since then, the allotment has been a key part in our return to face-to-face work, and in our whole-family work. After our visit from Simon Reeve for his TV show over a year ago, we have added to our shed with decking, planting beds, and more social areas. And we have collaborated with the allotment committee to take over more land, making our patch now triple in size! Going forward, we will be developing this land, and looking to add to our allotment family in the east of the county.
_"Who needs couples counselling when you've got this" "Yeah, it's great when you can do stuff like this together"_
**A conversation when digging up tree roots...**
## **Core Offer**
**We are now operating a full face-to-face offer once more, with developments that have included:**
**Increased whole family work, especially in outdoor spaces Welcome Work - a new team who support families to join WILD, get early help with problems, and get the best out of our services Focus Fifteen embedded into our children's sessions**
## **Campaign and Influence**
**We have made significant steps in progressing our plans to have greater influence to enable more young parent families to have a better start, including: Young parents' G7 film focused on children's rights, in response to the summit in Cornwall - we even got a copy of our photography book to the FLOTUS! CEO is chair of OSCP learning group Funding for development of national alliance Seminar delivery for Research In Practice Training delivery for partner agencies: eg health visiting and early years**
**watch our GZ film here - https://www.youtube.com/watch?v=QqeCOoyK4r8**
## **Partnership**
**Highlights: Leadership of local Early Years covid recovery partnership Storymaking with The Writers' Block Arts Council national exhibition, with works chosen and curated by WILD young dads from their allotment shed throughout the pandemic Eden music and nature visits Museums and galleries projects, including photography exhibition Leadership of new VCSE children, young people and families Alliance**
## **Learning: Changes in Need**
**We were expecting the large increase in numbers of families to reduce during the second year of the pandemic, but the higher level has continued, and over 400 families have used our services. We have also continued to see higher safeguarding levels of need: 42% of all children have had safeguarding interventions Emerging data shows there may be elevated risk for children whose parents have risk indicators for suicide, more of whom experience court and care proceedings.**
## **Learning: pandemic**
**At the end of nearly two years of pandemic, we continue to see the impact on our WILD families. The pressures created by lockdowns and changes to jobs and income have exacerbated parental ill health. After so much time away from an active community life, many young parents are feeling anxious about going outside or joining groups. They are also anxious about the covid vaccines, and we have used social media and group sessions to reassure, including one of our young mums starring in our local public health campaign.**
## **Feedback**
**We are really pleased that our Net Promoter Score from our young parents is +80 (All scores over zero are positive, and anything over 50 is considered excellent)**
## **Moving Forward**
**We want to progress some key learning from our work and evaluation over the last year:**
**- Adapt our CRM system to be a better fit for our work - Explore Human Learning Systems approach to our outcomes work - Negotiate with funders to agree core resilience outcomes - Develop our offer in: antenatal support whole family working evidence-based interventions support for increasing number LGBTQ+ young parents - Explore comms and our 'Book of WILD' - Progress our national Alliance and network**
FINANCIAL REVIEW
## **RESERVES POLICY**
**It is the policy of the charity to try to maintain unrestricted funds within a range that provides a sufficient level of funds to meet six months' core running costs, together with any staff redundancy costs and future leasing commitments. This is considered to be sufficient time to identify and access new sources of funding should the need arise or if this fails, to enable an orderly wind down of the charity.**
## **STATEMENT OF TRUSTEES RESPONSIBILITIES**
**The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charity 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.**
**The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity.**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
**Registered Charity number 1097693 WILD Young Parents Project, Lady Guinevere Suite, The Old Art School, Clinton Road, Redruth TR15 2QE Trustees: Dr D McBride (Chair), Mr P Trenoweth (Secretary,) Ms T Powell (Treasurer), Ms A Ollivier , Ms T Allen, Ms S Williams Independent examiner: Debbie Risborough, Cornwall CAS**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
**The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity. WILD's Constitution was adopted on 8 November 2002 and amended by special resolution dated 21 April 2003, and is a registered charity. WILD is governed by a Committee of Trustees, three of whom retire annually. Trustees are appointed according to professional expertise and lived experience, and elected at AGM**
**Induction of all trustees includes staff and trustee information handbook (detailing all policies and procedures), informal induction and mentoring through meetings and networking.**
**Trustees may attend staff and multiagency training Decisions taken by trustees; CEO appointment, and policy, critical procedure, strategy, and annual budget agreement and oversight Decisions delegated to Chief Executive; leadership of staff team, management of senior team, fundraising, strategic budget management, strategic partnership development and maintenance, strategic vision planning Decisions delegated to senior team; operations co-ordination and delivery, HR and management of staff team, budget management, policy development Collaboration is essential to our work at WILD. We have substantial partnerships with our multi-agency colleagues, old and new, which are outlined later in this report. Risk is assessed using SWOT analysis and resulting Risk Register, which is completed annually, and is supported by the Local Authority. Action points to address risk include; reserves policy, ring-fenced redundancy costs, financial management systems policy, and safeguarding procedures**
## **WILD**
www.wildproject.org.uk https://www.facebook.com/wildyoungparentsproject/ https://www.instagram.com/wildyoungparentsproject/ All photos copyright WILD YoungParentsProject, with kind permission of WILD young parents
## **Wild Young Parents Project**
An unincorporated charity
## **Charity No. 1097693**
## **Unaudited but Independently Examined Accounts**
## **31 December 2021**
Cornwall Community Accountancy Service The Elms, 61 Green Lane Redruth Cornwall TR15 1LS
**Wild Young Parents Project CONTENTS**
||Pages||
|---|---|---|
|Trustees' Annual Report||2|
|Independent Examiner's Report||3|
|Statement of Financial Activities||4|
|Balance Sheet||5|
|Statement of Cash flows||6|
|Notes to the Accounts|7 to|17|
Page 1
**Wild Young Parents Project REFERENCE AND ADMINISTRATIVE DETAILS**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Charity No. 1097693**
## **Registered Office**
Lady Guinevere Suite The Old Art School Clinton Road Redruth TR15 2QE
## **Trustees**
The following Trustees served during the year:
A Ollivier D McBride Chair P Trenoweth Secretary S Williams T Allen T Powell Treasurer
## **Key Management Personnel**
Chief Executive Officer
Jo Davies, Project Manager
## **Accountants**
Cornwall Community Accountancy Service The Elms, 61 Green Lane Redruth Cornwall TR15 1LS
## **Bankers 1**
Royal Bank of Scotland Penhaligon House Green Street Truro Cornwall TR1 2LH Bankers 2 CAF Bank PLC Kings Hill West Malling Kent ME19 4TA
Page 2
**Wild Young Parents Project INDEPENDENT EXAMINERS REPORT**
## **Independent Examiner's Report to the trustees of Wild Young Parents Project**
I report to the charity trustees on my examination of the accounts of Wild Young Parents Project for the year ended 31 December 2021 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet, the Statement of Cash Flows and the related notes.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act).
Having satisfied myself that the accounts of the charity are not required to be audited and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
As the charity'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 Association of Chartered Certified Accountants.
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that:
- accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts do not accord with those records; or
- the accounts do not comply with the applicable requirements concerning the forma nd content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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
- the accounts have not been prepared in accordance with the Charities SORP (FRS 102).
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.
Debbie Risborough Association of Chartered Certified Accountants Cornwall Community Accountancy Service The Elms, 61 Green Lane Redruth Cornwall TR15 1LS 17 October 2022
Page 3
**Wild Young Parents Project STATEMENT OF FINANCIAL ACTIVITIES**
**for the year ended 31 December 2021**
|**Notes**
**Income and endowments**
**from:**
Donations and legacies
4
Charitable activities
5
Investments
6
**Total**
**Expenditure on:**
Charitable activities
7
**Total**
Net gains on investments
**Net income**
8
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought
forward
**Total funds carried**
**forward**|**Unrestricted**
**funds**
**Restricted**
**funds**
**2021**
**2021**
**£**
**£**
3,745
-
269,121
689,281
7
-|**Total**
**funds**
**2021**
**£**
3,745
958,402
7|**Total**
**funds**
**2020**
**£**
59,059
724,994
212|
|---|---|---|---|
||272,873
689,281
72,491
544,225|962,154
616,716|784,265
559,294|
||72,491
544,225
-
-|616,716
-|559,294
-|
||200,382
145,056|345,438|224,971|
||200,382
145,056|345,438|224,971|
||200,382
145,056
498,298
204,911
698,680
349,967|345,438
703,209
1,048,647|224,971
478,238
703,209|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
Page 4
## **Wild Young Parents Project BALANCE SHEET**
|**at**
**Notes**
**31 December 2021**
**2021**
**£**
**Fixed assets**
Tangible assets
10
7,464
7,464
**Current assets**
Debtors
11
45,976
Cash at bank and in hand
1,009,506
1,055,482
**Creditors:**Amount falling due within one year
12
(14,299)
**Net current assets**
1,041,183
**Total assets less current liabilities**
1,048,647
**Net assets excluding pension asset or liability**
1,048,647
**Total net assets**
1,048,647
**The funds of the charity**
**Restricted funds**
Restricted income funds
13
349,967
349,967
**Unrestricted funds**
General funds
13
691,216
Designated funds
7,464
698,680
**Total funds**
1,048,647|**2020**
**£**
7,332|
|---|---|
||7,332
29,556
672,860|
||702,416
(6,539)|
||695,877
703,209|
||703,209|
||703,209|
||204,911|
||204,911
490,966
7,332|
||498,298
703,209|
Approved by the board on 17 October 2022 And signed on its behalf by:
D McBride Trustee 17 October 2022
Page 5
**Wild Young Parents Project STATEMENT OF CASH FLOWS**
## **for the year ended 31 December 2021**
|**Cash flows from operating activities**
**Net income per Statement of Financial Activities**
**Adjustments for:**
Depreciation of property, plant and equipment
Dividends, interest and rents from investments
Other gains/losses
Decrease in stocks
(Increase)/Decrease in trade and other receivables
Increase/(Decrease) in trade and other payables
**Net cash provided by operating activities**
**Cash flows from investing activities**
Purchases of property, plant and equipment
Dividends, interest and rents from investments
**Net cash used in investing activities**
**Net cash from financing activities**
**Net increase in cash and cash equivalents**
**Cash and cash equivalents at the beginning of the year**
**Cash and cash equivalents at the end of the year**
**Components of cash and cash equivalents**
Cash and bank balances
Bank overdrafts|**2021**
**£**
345,438
3,184
(7)
-
-
(16,420)
9,939
342,134
(3,316)
7
(3,309)
-
338,825
670,213
1,009,038
1,009,506
(468)
1,009,038|**2020**
**£**
224,971
2,146
(212)
-
1,280
46,728
(8,604)|
|---|---|---|
|||266,309
(4,149)
212|
|||(3,937)|
||||
|||-|
|||262,372
407,842|
|||670,214|
|||672,860
(2,647)
670,213|
Page 6
**Wild Young Parents Project NOTES TO THE ACCOUNTS**
## **for the year ended 31 December 2021**
## **1 Accounting policies**
## **Basis of preparation**
The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
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 charity constitutes a public benefit entity as defined by FRS102.
## **Change in basis of accounting or to previous accounts**
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
## **Fund accounting**
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
These are unrestricted funds earmarked by the trustees for particular Designated funds purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
Page 7
**Wild Young Parents Project NOTES TO THE ACCOUNTS**
## **Income**
Recognition of Income is included in the Statement of Financial Activities (SoFA) when the income charity becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
|Income with|Where income has related expenditure the income and related expenditure is|
|---|---|
|related expenditure|reported gross in the SoFA.|
|Donations and|Voluntary income received by way of grants, donations and gifts is included|
|legacies|in the the SoFA when receivable and only when the Charity has|
||unconditional entitlement to the income.|
|Tax reclaims on|Income from tax reclaims is included in the SoFA at the same time as the|
|donations and gifts|
gift/donation to which it relates.|
|Donated services|These are only included in income (with an equivalent amount in|
|and facilities|expenditure) where the benefit to the Charity is reasonably quantifiable,|
||measurable and material.|
|Volunteer help|The value of any volunteer help received is not included in the accounts.|
|Investment income|This is included in the accounts when receivable.|
|Gains/(losses) on|This includes any gain or loss resulting from revaluing investments to market|
|revaluation of|value at the end of the year.|
|fixed assets||
|Gains/(losses) on|This includes any gain or loss on the sale of investments.|
|investment assets||
|**Expenditure**||
|Recognition of|Expenditure is recognised on an accruals basis. Expenditure includes any|
|expenditure|VAT which cannot be fully recovered, and is reported as part of the|
||expenditure to which it relates.|
|Expenditure on|These comprise the costs associated with attracting voluntary income,|
|raising funds|fundraising trading costs and investment management costs.|
|Expenditure on|These comprise the costs incurred by the Charity in the delivery of its|
|charitable|activities and services in the furtherance of its objects, including the making|
|activities|of grants and governance costs.|
|Grants payable|All grant expenditure is accounted for on an actual paid basis plus an accrual|
||for grants that have been approved by the trustees at the end of the year but|
||not yet paid.|
|Governance costs|These include those costs associated with meeting the constitutional and|
||statutory requirements of the Charity, including any audit/independent|
||examination fees, costs linked to the strategic management of the Charity,|
||together with a share of other administration costs.|
Other expenditure These are support costs not allocated to a particular activity.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
Page 8
**Wild Young Parents Project NOTES TO THE ACCOUNTS**
## **Tangible fixed assets and depreciation**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Office Equipment 25% straight line basis
Fixtures & Fittings 20% straight line basis
## **Trade and other debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
## **Trade and other creditors**
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **Leased assets**
Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.
Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term.
In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
Page 9
**Wild Young Parents Project NOTES TO THE ACCOUNTS**
## **Pension costs**
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
## **Statement of cash flows**
The charity is exempt from preparing a statement of cash flows on the grounds that it is a small charity
## **2 Company status**
The charity is an unincorporated organisation that is controlled by the trustees.
## **3 Statement of Financial Activities - prior year**
|**3 Statement of Financial Activities - prior year**||||
|---|---|---|---|
|**Income and endowments**
**from:**
Donations and
legacies
Charitable activities
Investments
**Total**
**Expenditure on:**
Charitable activities
**Total**
**Net income**
Transfers between funds
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought
forward
**Total funds carried**
**forward**|**Unrestricted**
**funds**
**2020**
**£**
59,059
233,607
212
292,878
100,010
100,010
192,868
4,318
197,186
197,186
301,112
498,298|**Restricted**
**funds**
**2020**
**£**
-
491,387
-
491,387
459,284
459,284
32,103
(4,318)
27,785
27,785
177,126|**Total**
**funds**
**2020**
**£**
59,059
724,994
212|
||||784,265
559,294|
||||559,294|
||||224,971|
||||224,971|
||||224,971
478,238
703,209|
|||204,911||
|||||
Page 10
**Wild Young Parents Project NOTES TO THE ACCOUNTS**
## **Income from donations and**
## 4 **legacies**
|Appeals and donations
Donated goods
**Income from charitable activities**
**Unrestricted**
**£**
**Grant Income**
ACTS435
-
Arnold Clark
-
Awards for all
-
Big Lottery
-
Big Lottery Dads
-
Big Lottery Backfill
-
CAF Bank
-
Carew Pole
-
Cornwall Community Foundation -
CRISIS
-
Cornwall Community Foundation –
C-19
-
Cornwall Community Foundation -
Emergency fund 1
-
Cornwall Community Foundation -
Emergency fund 2
-
Cornwall Community Foundation -
Emergency fund 3
-
Cornwall Community Foundation –
I-Will
-
Cornwall Community Foundation –
P Health
-
Cornwall Community Foundation -
2996
-
Cornwall Community Foundation -
9990
-
Children in Need Bridging
-
Children in Need Covid Boost
-
Children in Need Next Steps
-
Clothworkers
-
Comic Relief
-
Comic Relief Recovery
-
Cornwall Council COMF funds
-
Cornwall Council -£15k
-
Duchy of Cornwall
-|**Restricted**
**Total**
**2021**
**£**
**£**
-
3,745
-
-
-
3,745
**Restricted**
**Total**
**2021**
**£**
**£**
2,305
2,305
1,000
1,000
9,585
9,585
80,417
80,417
100,141
100,141
-
-
21,103
21,103
5,000
5,000
1,000
1,000
-
-
-
-
-
-
-
-
-
-
15,000
15,000
2,996
2,996
9,990
9,990
-
-
-
36,821
36,821
-
-
19,894
19,894
7,310
7,310
163,980
163,980
20,000
20,000
-
-|**Total**
**2020**
**£**
52,559
6,500
59,059
**Total**
**2020**
**£**
4,785
-
9,720
-
97,139
55,700
206
-
1,000
3,000
10,087
6,000
2,000
4,951
-
-
-
37,334
2,764
18,411
1,500
38,170
29,242
-
-
5,000|
|---|---|---|
5 **Income from charitable activities**
Page 11
## **Wild Young Parents Project NOTES TO THE ACCOUNTS**
|Frugi
Garfield Weston
HMRC Furlough scheme
Lloyds Bank Foundation
Neighbourly
Segelman Trust
Suicide Innovation
Sylvia Adams
Tesco Groundworks
Warburtons
Western Power
Western Power 21
Winter Well Being (Cornwall
Community Foundation)
Youth Music
**Primary Purpose Trading**
Cornwall Council
Unrestricted small contract funds
**Income from investments**
Interest on cash
deposits|**Unrestricted**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
159,000
110,121|**Restricted**
**£**
-
25,000
-
-
-
-
-
99,517
1,000
-
-
-
1,000
66,221
-
-|**Total**
**2021**
**£**
-
25,000
-
-
-
-
-
99,517
1,000
-
-
-
1,000
66,221
159,000
110,121|**Total**
**2020**
**£**
7,500
-
29,995
33,000
400
30,000
10,000
29,000
500
6,000
4,400
750
2,000
44,834
198,000
1,607
**724,994 **|
|---|---|---|---|---|
||**269,121**|**689,281**|**958,402**||
|||**Unrestricted**
**£**
7
7|**Total**
**2021**
**£**
7
7||
|||||**Total**
**2020**
**£**
212
212|
## 6 **Income from investments**
Page 12
**Wild Young Parents Project NOTES TO THE ACCOUNTS**
## **Expenditure on charitable** 7 **activities**
|_Direct expenditure on_
_charitable activities_
Volunteer expenses
Room hire
Workshop/
programme resources
Creche resources
Beneficiary travel and
subsistence
Conference and
membership fees
Monitoring/Evaluation
Grants made
_Support Costs_
Employment Costs
Staff training
Travel and subsistence
Rent & rates
Insurance
Office Costs
sundry expenses
Consultancy fees
Bank charges
Depreciation
_Governance costs_
Accountancy fees
Independent
examination of the
charity's accounts
8**Net income before transfers**
This is stated after charging:
Depreciation of owned fixed assets
Independent Examiner's fee
Other fees paid to the auditor or
independent examiner|**Unrestricted**
**£**
0
-
791
-
-
93
3,184
-
-
72,491
-
-
561
-
-
-
-
-
67,633
162
67|**Restricted**
**£**
17,658
2,500
30,777
-
-
8
-
2,842
975
544,225
**2021**
**£**
3,184
975
920
-
-
5,926
8
34
1,955
9,400
18,570
433,838
7,902
11,832|**Total**
**2021**
**£**
17,658
2,500
31,568
-
-
101
3,184
2,842
975
616,716
-
-
6,487
8
34
1,955
9,400
18,570
501,471
8,064
11,899|**Total**
**2020**
**£**
21,171
2,001
31,357
1,280
539
-
2,146
2,650
975
70
108
17,201
-
95
-
-
-
468,424
1,745
9,532|
|---|---|---|---|---|
|||||559,294|
|||||**2020**
**£**
2,146
975
972|
Page 13
**Wild Young Parents Project NOTES TO THE ACCOUNTS**
|9
**Staff costs**
Salaries and wages
458,831
Social security costs
30,636
Pension costs
12,005
501,471
No employee received emoluments in excess of £60,000.
Remuneration of key management personnel, consisting of 4 employees was:
Total employee benefits received by key
146,637
At 31 December 2021
27,270
5,176
**Net book values**
At 31 December 2021
7,464
-
At 31 December 2020
7,332
-
11**Debtors**
**2021**
**£**
Other debtors
-
Prepayments and accrued income
45,976
45,976
management personnel
The average monthly number of full time equivalent
employees during the year was as follows:
**2021**
**Number**
Charitable Activities
30
30
10**Tangible fixed assets**
**Office**
**Equipment**
**Fixtures &**
**Fittings**
**£**
**£**
**Cost or revaluation**
At 1 January 2021
31,418
5,176
Additions
3,316
-
At 31 December 2021
34,734
5,176
**Depreciation and**
**impairment**
At 1 January 2021
24,086
5,176
Depreciation charge
for the year
3,184
-|431,314
26,321
10,789
468,424
137,799
**2020**
**Number**
32|
|---|---|
||32|
||**Total**
**£**
36,594
3,316|
||39,910|
||29,262
3,184|
||32,446|
||7,464|
||7,332|
||**2020**
**£**
4,000
25,556
29,556|
Page 14
**Wild Young Parents Project NOTES TO THE ACCOUNTS**
## 12 **Creditors:**
amounts falling due within one year
||||**2021**|||**2020**|**2020**|
|---|---|---|---|---|---|---|---|
||||**£**||||**£**|
|Bank loans and overdrafts|||468|||2,647||
|Trade creditors|||870|||626||
|Other taxes and social security|||9,021||||-|
|Other creditors|||1,708|||1,571||
|Accruals and deferred income|||2,232|||1,695||
||||14,299|||6,539||
|||||||||
|13**Movement in funds**||||||||
|||**Incoming**||||||
|||**Resources**||||||
|||**(including**||||||
||**As at 01**|**other**||||**As at**|**31**|
||**January**|**gains/losses**|**Resources**|**Gross**||**December**||
||**2021**|**)**|**expended**|**transfers**||**2021**||
||**£**|**£**|**£**|**£**||**£**||
|**Restricted funds:**||||||||
|**Restricted income funds:**||||||||
|ACTS435|81|2,305|(1,640)||-|
|746|
|Arnold Clark|-|1,000|(910)||-||90|
|Awards for All|-|9,585|(9,585)||-|
|-|
|Big Lottery|-|80,417|(64,897)||-|
|15,520|
|Big Lottery Backfill|14,288|-|(14,289)||1||0|
|Big Lottery Dads|32,899|100,141|(105,315)||-||27,726|
|CAF Bank|-|21,103|(20,003)|(1,100)|||-|
|Carew Pole|-|5,000|(350)|(4,650)|||-|
|Cornwall Community||||||||
|Foundation - CRISIS|632|1,000|(1,019)||-|
|613|
|Cornwall Community||||||||
|Foundation - Emergency fund 1|10,087|-|
(10,087)||-|
|-|
|Cornwall Community||||||||
|Foundation - Emergency fund 2|1,752|-|
(1,752)||-|
|-|
|Cornwall Community||||||||
|Foundation - I-Will|4,951|-|
(4,951)||-|
|-|
|Cornwall Community||||||||
|Foundation - P Health|-|
15,000|-|
|-||15,000|
|Cornwall Community||||||||
|Foundation - Charles Reynolds|-|
2,996|-|
|-||2,996|
|Cornwall Community||||||||
|Foundation - Working for the||||||||
|future|-|
9,990|(9,988)||(2)||-|
|Children in Need Bridging|10,741|-|
(10,741)||-|
|-|
|Children in Need Next Steps|13,770|36,821|(48,007)||-||2,584|
|Comic Relief|22,393|19,894|(41,788)|(499)|||-|
|Comic Relief recovery|(1,975)|7,310|(3,619)|(1,716)|||-|
|Cornwall Council|-|20,000|(20,000)||-|
|-|
|Cornwall Council COMF|-|163,980|(48,012)||-|
115,968||
Page 15
## **Wild Young Parents Project NOTES TO THE ACCOUNTS**
## **Incoming**
## **Resources**
|Duchy of Cornwall
Frugi
Garfield Weston
Lloyds Bank Foundation
Lord St Levan (CCF)
Norman Family Trust
Small projects 1
Suicide Innovation
Sylvia Adams
Tesco Groundworks
West Cornwall Youth Trust
Western Power 21
Winter Well Being (CCF)
Youth Music
_Total_
**Unrestricted funds:**
**General funds:**
**Designated funds:**
Capital fund
_Total_
**Total funds**|**As at 01**
**January**
**2021**
**(including**
**other**
**gains/losses**
**)**
**Resources**
**expended**
**Gross**
**transfers**
**As at 31**
**December**
**2021**
**£**
**£**
**£**
**£**
**£**
5,000
-
-
(5,000)
-
7,500
-
(7,501)
1
-
- 25,000
-
-
25,000
25,564
-
(25,564)
-
-
4,000
-
(4,000)
-
-
708
-
(158)
-
550
804
-
(500)
- 304
10,000
-
(10,004)
4
-
25,432
99,517
(28,622)
- 96,327
- 1,000
(196)
- 804
1,230
-
-
(1,230)
-
750
-
(750)
-
-
(1,007)
1,000
(1,000)
1,007
-
15,311
66,221
(55,825)
-
25,707|
|---|---|
||**204,911**
**689,281**
**(551,073)**
**(13,184)**
**329,935**|
||490,966
272,873
(62,459)
9,869
711,249
7,332
-
(3,184)
3,315
7,463|
||**7,332**
**-**
**(3,184) 3,315 7,463**|
||**703,209**
**962,154**
**(616,716)**
**- 1,048,647**|
Page 16
**Wild Young Parents Project NOTES TO THE ACCOUNTS**
## **Analysis of net assets between 14 funds**
|**Analysis of net assets between**
**funds**||||
|---|---|---|---|
|Fixed assets
Net current assets
**Commitments**
**_Pension commitments_**
Unpaid contributions due to the fund
are included in other creditors and
amounted to:|**Unrestricted**
**funds**
**£**
7,464
674,532
681,996
**2021**
**£**
1,708|**Restricted**
**funds**
**£**
-
366,651
366,651|**Total**
**£**
7,464
1,041,183|
||||1,048,647|
||||**2020**
**£**
1,571|
## **15 Commitments**
## **16 Related party disclosures**
## _**Trustee remuneration**_
Dulcie Mcbride was paid £9,400 (2020 - £nil) for services to the charity.
## _**Controlling party**_
The organisation is controlled by the trustees; thus no single party controls the company.
Page 17
## **Wild Young Parents Project**
An unincorporated charity
## **Charity No. 1097693**
## **Unaudited but Independently Examined Accounts**
## **31 December 2021**
Cornwall Community Accountancy Service The Elms, 61 Green Lane Redruth Cornwall TR15 1LS
**Wild Young Parents Project CONTENTS**
||Pages||
|---|---|---|
|Trustees' Annual Report||2|
|Independent Examiner's Report||3|
|Statement of Financial Activities||4|
|Balance Sheet||5|
|Statement of Cash flows||6|
|Notes to the Accounts|7 to|17|
Page 1
**Wild Young Parents Project REFERENCE AND ADMINISTRATIVE DETAILS**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Charity No. 1097693**
## **Registered Office**
Lady Guinevere Suite The Old Art School Clinton Road Redruth TR15 2QE
## **Trustees**
The following Trustees served during the year:
A Ollivier D McBride Chair P Trenoweth Secretary S Williams T Allen T Powell Treasurer
## **Key Management Personnel**
Chief Executive Officer
Jo Davies, Project Manager
## **Accountants**
Cornwall Community Accountancy Service The Elms, 61 Green Lane Redruth Cornwall TR15 1LS
## **Bankers 1**
Royal Bank of Scotland Penhaligon House Green Street Truro Cornwall TR1 2LH Bankers 2 CAF Bank PLC Kings Hill West Malling Kent ME19 4TA
Page 2
**Wild Young Parents Project INDEPENDENT EXAMINERS REPORT**
## **Independent Examiner's Report to the trustees of Wild Young Parents Project**
I report to the charity trustees on my examination of the accounts of Wild Young Parents Project for the year ended 31 December 2021 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet, the Statement of Cash Flows and the related notes.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act).
Having satisfied myself that the accounts of the charity are not required to be audited and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
As the charity'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 Association of Chartered Certified Accountants.
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that:
- accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts do not accord with those records; or
- the accounts do not comply with the applicable requirements concerning the forma nd content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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
- the accounts have not been prepared in accordance with the Charities SORP (FRS 102).
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.
Debbie Risborough Association of Chartered Certified Accountants Cornwall Community Accountancy Service The Elms, 61 Green Lane Redruth Cornwall TR15 1LS 17 October 2022
Page 3
**Wild Young Parents Project STATEMENT OF FINANCIAL ACTIVITIES**
**for the year ended 31 December 2021**
|**Notes**
**Income and endowments**
**from:**
Donations and legacies
4
Charitable activities
5
Investments
6
**Total**
**Expenditure on:**
Charitable activities
7
**Total**
Net gains on investments
**Net income**
8
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought
forward
**Total funds carried**
**forward**|**Unrestricted**
**funds**
**Restricted**
**funds**
**2021**
**2021**
**£**
**£**
3,745
-
269,121
689,281
7
-|**Total**
**funds**
**2021**
**£**
3,745
958,402
7|**Total**
**funds**
**2020**
**£**
59,059
724,994
212|
|---|---|---|---|
||272,873
689,281
72,491
544,225|962,154
616,716|784,265
559,294|
||72,491
544,225
-
-|616,716
-|559,294
-|
||200,382
145,056|345,438|224,971|
||200,382
145,056|345,438|224,971|
||200,382
145,056
498,298
204,911
698,680
349,967|345,438
703,209
1,048,647|224,971
478,238
703,209|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
Page 4
## **Wild Young Parents Project BALANCE SHEET**
|**at**
**Notes**
**31 December 2021**
**2021**
**£**
**Fixed assets**
Tangible assets
10
7,464
7,464
**Current assets**
Debtors
11
45,976
Cash at bank and in hand
1,009,506
1,055,482
**Creditors:**Amount falling due within one year
12
(14,299)
**Net current assets**
1,041,183
**Total assets less current liabilities**
1,048,647
**Net assets excluding pension asset or liability**
1,048,647
**Total net assets**
1,048,647
**The funds of the charity**
**Restricted funds**
Restricted income funds
13
349,967
349,967
**Unrestricted funds**
General funds
13
691,216
Designated funds
7,464
698,680
**Total funds**
1,048,647|**2020**
**£**
7,332|
|---|---|
||7,332
29,556
672,860|
||702,416
(6,539)|
||695,877
703,209|
||703,209|
||703,209|
||204,911|
||204,911
490,966
7,332|
||498,298
703,209|
Approved by the board on 17 October 2022 And signed on its behalf by:
D McBride Trustee 17 October 2022
Page 5
**Wild Young Parents Project STATEMENT OF CASH FLOWS**
## **for the year ended 31 December 2021**
|**Cash flows from operating activities**
**Net income per Statement of Financial Activities**
**Adjustments for:**
Depreciation of property, plant and equipment
Dividends, interest and rents from investments
Other gains/losses
Decrease in stocks
(Increase)/Decrease in trade and other receivables
Increase/(Decrease) in trade and other payables
**Net cash provided by operating activities**
**Cash flows from investing activities**
Purchases of property, plant and equipment
Dividends, interest and rents from investments
**Net cash used in investing activities**
**Net cash from financing activities**
**Net increase in cash and cash equivalents**
**Cash and cash equivalents at the beginning of the year**
**Cash and cash equivalents at the end of the year**
**Components of cash and cash equivalents**
Cash and bank balances
Bank overdrafts|**2021**
**£**
345,438
3,184
(7)
-
-
(16,420)
9,939
342,134
(3,316)
7
(3,309)
-
338,825
670,213
1,009,038
1,009,506
(468)
1,009,038|**2020**
**£**
224,971
2,146
(212)
-
1,280
46,728
(8,604)|
|---|---|---|
|||266,309
(4,149)
212|
|||(3,937)|
||||
|||-|
|||262,372
407,842|
|||670,214|
|||672,860
(2,647)
670,213|
Page 6
**Wild Young Parents Project NOTES TO THE ACCOUNTS**
## **for the year ended 31 December 2021**
## **1 Accounting policies**
## **Basis of preparation**
The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
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 charity constitutes a public benefit entity as defined by FRS102.
## **Change in basis of accounting or to previous accounts**
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
## **Fund accounting**
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
These are unrestricted funds earmarked by the trustees for particular Designated funds purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
Page 7
**Wild Young Parents Project NOTES TO THE ACCOUNTS**
## **Income**
Recognition of Income is included in the Statement of Financial Activities (SoFA) when the income charity becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
|Income with|Where income has related expenditure the income and related expenditure is|
|---|---|
|related expenditure|reported gross in the SoFA.|
|Donations and|Voluntary income received by way of grants, donations and gifts is included|
|legacies|in the the SoFA when receivable and only when the Charity has|
||unconditional entitlement to the income.|
|Tax reclaims on|Income from tax reclaims is included in the SoFA at the same time as the|
|donations and gifts|
gift/donation to which it relates.|
|Donated services|These are only included in income (with an equivalent amount in|
|and facilities|expenditure) where the benefit to the Charity is reasonably quantifiable,|
||measurable and material.|
|Volunteer help|The value of any volunteer help received is not included in the accounts.|
|Investment income|This is included in the accounts when receivable.|
|Gains/(losses) on|This includes any gain or loss resulting from revaluing investments to market|
|revaluation of|value at the end of the year.|
|fixed assets||
|Gains/(losses) on|This includes any gain or loss on the sale of investments.|
|investment assets||
|**Expenditure**||
|Recognition of|Expenditure is recognised on an accruals basis. Expenditure includes any|
|expenditure|VAT which cannot be fully recovered, and is reported as part of the|
||expenditure to which it relates.|
|Expenditure on|These comprise the costs associated with attracting voluntary income,|
|raising funds|fundraising trading costs and investment management costs.|
|Expenditure on|These comprise the costs incurred by the Charity in the delivery of its|
|charitable|activities and services in the furtherance of its objects, including the making|
|activities|of grants and governance costs.|
|Grants payable|All grant expenditure is accounted for on an actual paid basis plus an accrual|
||for grants that have been approved by the trustees at the end of the year but|
||not yet paid.|
|Governance costs|These include those costs associated with meeting the constitutional and|
||statutory requirements of the Charity, including any audit/independent|
||examination fees, costs linked to the strategic management of the Charity,|
||together with a share of other administration costs.|
Other expenditure These are support costs not allocated to a particular activity.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
Page 8
**Wild Young Parents Project NOTES TO THE ACCOUNTS**
## **Tangible fixed assets and depreciation**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Office Equipment 25% straight line basis
Fixtures & Fittings 20% straight line basis
## **Trade and other debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
## **Trade and other creditors**
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **Leased assets**
Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.
Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term.
In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
Page 9
**Wild Young Parents Project NOTES TO THE ACCOUNTS**
## **Pension costs**
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
## **Statement of cash flows**
The charity is exempt from preparing a statement of cash flows on the grounds that it is a small charity
## **2 Company status**
The charity is an unincorporated organisation that is controlled by the trustees.
## **3 Statement of Financial Activities - prior year**
|**3 Statement of Financial Activities - prior year**||||
|---|---|---|---|
|**Income and endowments**
**from:**
Donations and
legacies
Charitable activities
Investments
**Total**
**Expenditure on:**
Charitable activities
**Total**
**Net income**
Transfers between funds
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought
forward
**Total funds carried**
**forward**|**Unrestricted**
**funds**
**2020**
**£**
59,059
233,607
212
292,878
100,010
100,010
192,868
4,318
197,186
197,186
301,112
498,298|**Restricted**
**funds**
**2020**
**£**
-
491,387
-
491,387
459,284
459,284
32,103
(4,318)
27,785
27,785
177,126|**Total**
**funds**
**2020**
**£**
59,059
724,994
212|
||||784,265
559,294|
||||559,294|
||||224,971|
||||224,971|
||||224,971
478,238
703,209|
|||204,911||
|||||
Page 10
**Wild Young Parents Project NOTES TO THE ACCOUNTS**
## **Income from donations and**
## 4 **legacies**
|Appeals and donations
Donated goods
**Income from charitable activities**
**Unrestricted**
**£**
**Grant Income**
ACTS435
-
Arnold Clark
-
Awards for all
-
Big Lottery
-
Big Lottery Dads
-
Big Lottery Backfill
-
CAF Bank
-
Carew Pole
-
Cornwall Community Foundation -
CRISIS
-
Cornwall Community Foundation –
C-19
-
Cornwall Community Foundation -
Emergency fund 1
-
Cornwall Community Foundation -
Emergency fund 2
-
Cornwall Community Foundation -
Emergency fund 3
-
Cornwall Community Foundation –
I-Will
-
Cornwall Community Foundation –
P Health
-
Cornwall Community Foundation -
2996
-
Cornwall Community Foundation -
9990
-
Children in Need Bridging
-
Children in Need Covid Boost
-
Children in Need Next Steps
-
Clothworkers
-
Comic Relief
-
Comic Relief Recovery
-
Cornwall Council COMF funds
-
Cornwall Council -£15k
-
Duchy of Cornwall
-|**Restricted**
**Total**
**2021**
**£**
**£**
-
3,745
-
-
-
3,745
**Restricted**
**Total**
**2021**
**£**
**£**
2,305
2,305
1,000
1,000
9,585
9,585
80,417
80,417
100,141
100,141
-
-
21,103
21,103
5,000
5,000
1,000
1,000
-
-
-
-
-
-
-
-
-
-
15,000
15,000
2,996
2,996
9,990
9,990
-
-
-
36,821
36,821
-
-
19,894
19,894
7,310
7,310
163,980
163,980
20,000
20,000
-
-|**Total**
**2020**
**£**
52,559
6,500
59,059
**Total**
**2020**
**£**
4,785
-
9,720
-
97,139
55,700
206
-
1,000
3,000
10,087
6,000
2,000
4,951
-
-
-
37,334
2,764
18,411
1,500
38,170
29,242
-
-
5,000|
|---|---|---|
5 **Income from charitable activities**
Page 11
## **Wild Young Parents Project NOTES TO THE ACCOUNTS**
|Frugi
Garfield Weston
HMRC Furlough scheme
Lloyds Bank Foundation
Neighbourly
Segelman Trust
Suicide Innovation
Sylvia Adams
Tesco Groundworks
Warburtons
Western Power
Western Power 21
Winter Well Being (Cornwall
Community Foundation)
Youth Music
**Primary Purpose Trading**
Cornwall Council
Unrestricted small contract funds
**Income from investments**
Interest on cash
deposits|**Unrestricted**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
159,000
110,121|**Restricted**
**£**
-
25,000
-
-
-
-
-
99,517
1,000
-
-
-
1,000
66,221
-
-|**Total**
**2021**
**£**
-
25,000
-
-
-
-
-
99,517
1,000
-
-
-
1,000
66,221
159,000
110,121|**Total**
**2020**
**£**
7,500
-
29,995
33,000
400
30,000
10,000
29,000
500
6,000
4,400
750
2,000
44,834
198,000
1,607
**724,994 **|
|---|---|---|---|---|
||**269,121**|**689,281**|**958,402**||
|||**Unrestricted**
**£**
7
7|**Total**
**2021**
**£**
7
7||
|||||**Total**
**2020**
**£**
212
212|
## 6 **Income from investments**
Page 12
**Wild Young Parents Project NOTES TO THE ACCOUNTS**
## **Expenditure on charitable** 7 **activities**
|_Direct expenditure on_
_charitable activities_
Volunteer expenses
Room hire
Workshop/
programme resources
Creche resources
Beneficiary travel and
subsistence
Conference and
membership fees
Monitoring/Evaluation
Grants made
_Support Costs_
Employment Costs
Staff training
Travel and subsistence
Rent & rates
Insurance
Office Costs
sundry expenses
Consultancy fees
Bank charges
Depreciation
_Governance costs_
Accountancy fees
Independent
examination of the
charity's accounts
8**Net income before transfers**
This is stated after charging:
Depreciation of owned fixed assets
Independent Examiner's fee
Other fees paid to the auditor or
independent examiner|**Unrestricted**
**£**
0
-
791
-
-
93
3,184
-
-
72,491
-
-
561
-
-
-
-
-
67,633
162
67|**Restricted**
**£**
17,658
2,500
30,777
-
-
8
-
2,842
975
544,225
**2021**
**£**
3,184
975
920
-
-
5,926
8
34
1,955
9,400
18,570
433,838
7,902
11,832|**Total**
**2021**
**£**
17,658
2,500
31,568
-
-
101
3,184
2,842
975
616,716
-
-
6,487
8
34
1,955
9,400
18,570
501,471
8,064
11,899|**Total**
**2020**
**£**
21,171
2,001
31,357
1,280
539
-
2,146
2,650
975
70
108
17,201
-
95
-
-
-
468,424
1,745
9,532|
|---|---|---|---|---|
|||||559,294|
|||||**2020**
**£**
2,146
975
972|
Page 13
**Wild Young Parents Project NOTES TO THE ACCOUNTS**
|9
**Staff costs**
Salaries and wages
458,831
Social security costs
30,636
Pension costs
12,005
501,471
No employee received emoluments in excess of £60,000.
Remuneration of key management personnel, consisting of 4 employees was:
Total employee benefits received by key
146,637
At 31 December 2021
27,270
5,176
**Net book values**
At 31 December 2021
7,464
-
At 31 December 2020
7,332
-
11**Debtors**
**2021**
**£**
Other debtors
-
Prepayments and accrued income
45,976
45,976
management personnel
The average monthly number of full time equivalent
employees during the year was as follows:
**2021**
**Number**
Charitable Activities
30
30
10**Tangible fixed assets**
**Office**
**Equipment**
**Fixtures &**
**Fittings**
**£**
**£**
**Cost or revaluation**
At 1 January 2021
31,418
5,176
Additions
3,316
-
At 31 December 2021
34,734
5,176
**Depreciation and**
**impairment**
At 1 January 2021
24,086
5,176
Depreciation charge
for the year
3,184
-|431,314
26,321
10,789
468,424
137,799
**2020**
**Number**
32|
|---|---|
||32|
||**Total**
**£**
36,594
3,316|
||39,910|
||29,262
3,184|
||32,446|
||7,464|
||7,332|
||**2020**
**£**
4,000
25,556
29,556|
Page 14
**Wild Young Parents Project NOTES TO THE ACCOUNTS**
## 12 **Creditors:**
amounts falling due within one year
||||**2021**|||**2020**|**2020**|
|---|---|---|---|---|---|---|---|
||||**£**||||**£**|
|Bank loans and overdrafts|||468|||2,647||
|Trade creditors|||870|||626||
|Other taxes and social security|||9,021||||-|
|Other creditors|||1,708|||1,571||
|Accruals and deferred income|||2,232|||1,695||
||||14,299|||6,539||
|||||||||
|13**Movement in funds**||||||||
|||**Incoming**||||||
|||**Resources**||||||
|||**(including**||||||
||**As at 01**|**other**||||**As at**|**31**|
||**January**|**gains/losses**|**Resources**|**Gross**||**December**||
||**2021**|**)**|**expended**|**transfers**||**2021**||
||**£**|**£**|**£**|**£**||**£**||
|**Restricted funds:**||||||||
|**Restricted income funds:**||||||||
|ACTS435|81|2,305|(1,640)||-|
|746|
|Arnold Clark|-|1,000|(910)||-||90|
|Awards for All|-|9,585|(9,585)||-|
|-|
|Big Lottery|-|80,417|(64,897)||-|
|15,520|
|Big Lottery Backfill|14,288|-|(14,289)||1||0|
|Big Lottery Dads|32,899|100,141|(105,315)||-||27,726|
|CAF Bank|-|21,103|(20,003)|(1,100)|||-|
|Carew Pole|-|5,000|(350)|(4,650)|||-|
|Cornwall Community||||||||
|Foundation - CRISIS|632|1,000|(1,019)||-|
|613|
|Cornwall Community||||||||
|Foundation - Emergency fund 1|10,087|-|
(10,087)||-|
|-|
|Cornwall Community||||||||
|Foundation - Emergency fund 2|1,752|-|
(1,752)||-|
|-|
|Cornwall Community||||||||
|Foundation - I-Will|4,951|-|
(4,951)||-|
|-|
|Cornwall Community||||||||
|Foundation - P Health|-|
15,000|-|
|-||15,000|
|Cornwall Community||||||||
|Foundation - Charles Reynolds|-|
2,996|-|
|-||2,996|
|Cornwall Community||||||||
|Foundation - Working for the||||||||
|future|-|
9,990|(9,988)||(2)||-|
|Children in Need Bridging|10,741|-|
(10,741)||-|
|-|
|Children in Need Next Steps|13,770|36,821|(48,007)||-||2,584|
|Comic Relief|22,393|19,894|(41,788)|(499)|||-|
|Comic Relief recovery|(1,975)|7,310|(3,619)|(1,716)|||-|
|Cornwall Council|-|20,000|(20,000)||-|
|-|
|Cornwall Council COMF|-|163,980|(48,012)||-|
115,968||
Page 15
## **Wild Young Parents Project NOTES TO THE ACCOUNTS**
## **Incoming**
## **Resources**
|Duchy of Cornwall
Frugi
Garfield Weston
Lloyds Bank Foundation
Lord St Levan (CCF)
Norman Family Trust
Small projects 1
Suicide Innovation
Sylvia Adams
Tesco Groundworks
West Cornwall Youth Trust
Western Power 21
Winter Well Being (CCF)
Youth Music
_Total_
**Unrestricted funds:**
**General funds:**
**Designated funds:**
Capital fund
_Total_
**Total funds**|**As at 01**
**January**
**2021**
**(including**
**other**
**gains/losses**
**)**
**Resources**
**expended**
**Gross**
**transfers**
**As at 31**
**December**
**2021**
**£**
**£**
**£**
**£**
**£**
5,000
-
-
(5,000)
-
7,500
-
(7,501)
1
-
- 25,000
-
-
25,000
25,564
-
(25,564)
-
-
4,000
-
(4,000)
-
-
708
-
(158)
-
550
804
-
(500)
- 304
10,000
-
(10,004)
4
-
25,432
99,517
(28,622)
- 96,327
- 1,000
(196)
- 804
1,230
-
-
(1,230)
-
750
-
(750)
-
-
(1,007)
1,000
(1,000)
1,007
-
15,311
66,221
(55,825)
-
25,707|
|---|---|
||**204,911**
**689,281**
**(551,073)**
**(13,184)**
**329,935**|
||490,966
272,873
(62,459)
9,869
711,249
7,332
-
(3,184)
3,315
7,463|
||**7,332**
**-**
**(3,184) 3,315 7,463**|
||**703,209**
**962,154**
**(616,716)**
**- 1,048,647**|
Page 16
**Wild Young Parents Project NOTES TO THE ACCOUNTS**
## **Analysis of net assets between 14 funds**
|**Analysis of net assets between**
**funds**||||
|---|---|---|---|
|Fixed assets
Net current assets
**Commitments**
**_Pension commitments_**
Unpaid contributions due to the fund
are included in other creditors and
amounted to:|**Unrestricted**
**funds**
**£**
7,464
674,532
681,996
**2021**
**£**
1,708|**Restricted**
**funds**
**£**
-
366,651
366,651|**Total**
**£**
7,464
1,041,183|
||||1,048,647|
||||**2020**
**£**
1,571|
## **15 Commitments**
## **16 Related party disclosures**
## _**Trustee remuneration**_
Dulcie Mcbride was paid £9,400 (2020 - £nil) for services to the charity.
## _**Controlling party**_
The organisation is controlled by the trustees; thus no single party controls the company.
Page 17