YOUNG PEOPLE TAKING ACTION Unaudited Annual Report and Financial Statements 31 August 2020 Company Registration Number 04985668 Charity Number 1102645 *AdSXLFEX¢ 041C612021 COMPANIES HOUSE A11 #114 Contents Pages Trustees Report Independent Examiner's Report Statement of financial Activities (incorporating the Income and exp¢nditure account) Balance Sheet 10 Notes to the Financial Statements 11-15 The trustees present their report and financial statement. for the year ended 31 August 2020. Registered Charlty Name Young People Taking Action Charity Number 1102645 Company Registration Number 04985668 Registered Office 53 H￿h Street Leiston Suffolk IP16 4EL Trustees Jack Fairweather. Chair of Trustees Tony Cooper Ronnie Hostler Spadge Hopkins Jasmine Trotter-Langlois Martin Collett Rebekah Wlliams Henri Midwinter. WI￿ Chair Tara Hannett Casie Jackson Jess Thorp Siobhan Imiite Ethan Reade Reena Miah Young Trustees Independent Examiner CRASL Accounting Services Carlton Park House Carlton Park Industrial Estate Saxmundham Suffolk IP17 2NL Bankers Barclays Bank plc 4 Church Street Woodbridge Suffolk IP12 1DJ . Structure, Governance and Management Governing Document The organisation is a charitable company limrted by guarantee. incorporated on 5 December 2003 and registered as a Charity on 16 March 2004. The company was established under a Memorandum of AssocÉation which established the objects and powers of the charitable company and is govemed under its Artides of Association. Recrultment and Appolntment of Directors The trustees (who are also directors of the charity for company law) are shJng people who do not use our centre in Leiston. This work was expanded to fill the Pla￿ of other ath'vities that h￿1 to stop due to Covid. On top of the all the normal information and advice wort we also helped young p*e to undetstand the rules around COVKI and the different levels of lockdowns and social distancing and protecting themsetbw arKI othern. Partnershlp Worklng We continue working in partnership with A￿$5 Community Tnjst in Saxmundham, we are working viith Terrance Higgins Trust offering Sexual Heallh. Tuming Point to offer workshops around substance misuse. Flnanclal revl•w Incoming resources amounted to £126,904 After incurring costs £83,725 the net credit balance for the year amounted to £49,773 as sh￿n on page 9. The directors considerthe yearend financial position lo be satisfactory. Prlnclpal Fundlng Sources The principal funding sources for the chaiity are grants to enatAe rt to meet its charitable obj'ectives. During the year. these grants were chiefiy from Children in Need. Robert McAlpine Foundation, Garfield Weston Foundation, knmboume Trust, SLrfTolk Community Foundation, Suffolk Coastal District coun￿1, Leiston Town Council, Saxmundham T￿n Coun(al and the Kerrison Trust. Reserves Polky Unrestrided funds represent the balance arising from the past operating adi%rytses. The tharity is xtively seeking fundirvJ for its ongoing work for the coming year. The main expenditure incurred by the chaiity is in relation lo wages, and the trustees are satisfied that the balance of the fund is sufficient to meet daY-t{￿aY operating requirements of the chartty for a peri￿1 of three months, amountirKJ to approxtmatety £15.1)00. Free reserves at 31 August 2019 amounted to £45.311 Restricted funds are held in 8￿rdan￿ with the lems of use for ead) proJe(l. Plans for Future Periods Expand the In worf( L•lston In Iln• with our Lotbry Fundlng from Septsmbor. We ho￿ to be able lo get back to offering open aoxss information. advice. and guidance sessions each week. To build on the sU￿eSseS we have had in bulding relationships with young people that have enabled us 10 8UPPOrt them into more positive life choices. Expand the work in Saxmundham in lin• wlth our Lotlery Fundlng S•ptsmbor. We hope lo bo able to get back lo offering open xcess infviiiwtion, advlce, and 9uiaance sessions each week. To build on the sucttsses we have had in l)uilthng rela11￿￿1p3 with young people that have enabled us to support them irrto rrL)re postive lrfe choices. We need lo be able lo offer detthd woik to make surn can reestablish conta¢X wth any young people who we have not seen due to cO￿d plus engage with those yThJnger one who have just come up into our age range. wtd•n th• age rnnw ofthos• vtho us• CYDS. Consutt wilh the yourKJ people lo see what days, time. and 898s they think sessioTts should be aimed at. Hollday Acllvlll•s Offer a bigger holiday activrttes proJramrrE to a wider group of Y￿ng people. To give young people sornethir4J to look forward tLX>. fun *ivilies away from hon* and b&k outside in frosh ar again. Partn•rnhlps Continue to offer the uge (* our centre to cther 8ervres and organisalim that work th young people in our area and to work towards CYDS being at the cottre of local Integrated Youth Support Service. Indop•ndert Examlner CRASL ACCO￿tIng Services *ill be re-appointed as indewthnt examiner for the ensuing year. Small Companl•s Provlsion This repjrt has been prepared in accordance with provision for small companies under part 15 of Ihe Companie8 Ac* 2006. Fairweather Company Secretary Date ts/£ J202J Youn Peo le Takin Action ITY NUM8ER 1102 INDEPENDENT EXAMINER'S REPORTTOTHE TRUSTEES OF Youn le Takin Artion I report on the accounts of the charity for the year ended 30 June 2020. which are set out <¥n Pages 7 to 10. RESPEcllvE RESPONSIBILMES OF TRUSTEES AND EXAMINER A5 the charity's trustees you are responsible for the preparation of the accounts: you wnsider that the audit requirement of section 144121 of the Chartties Act 2011 (The Actl doe5 not apply. It is my responsibility to state. on the basis of procedures specified in the General Direction5 given by the Charity Commissioners under Section 145151(bl ofthe ACL whether partKular matters have come to my attention. Your attention is dravm to the fact that the charity has prepared accounts in accordance with ktounting and Reporting by Charities. Statement of Recornmended Practice applicab￿ to charities preparing their accounts in aecordante with the Financial Reporting Standard for Smaller Entities published on 16 July 2014, the Financial Reporting Stsndard for Smaller Entities IFRSSEI is in preference to the Accounting and Reporting by Charities: Statement of Recommended Prartice i55ued on l April 2005 which is referred to in the extant regulations but has since been withdrawn. l understsnd that this has been done in order for the accounts to provide a true and fair wiew in accordance with the Generally Accepted Accounting Prartice effective for reporting periods beginning on or after l January 2015. BASIS OF INDEPENDENT EXAMINER'S REPORT My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented WTth those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanab'on5 from you as trustee5 concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view giveD by the accounts. INDEPENDENT EXAMINER'S STATEMENT In connection with my examination, no matter has come to my attent•on: thich gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in aCcOrda￿e with $rft￿n 130 of the Act: and Youn Peo le Takin Action to prepafe accounts which accord with the accounting records and to comply with the ac¢ounting requirements of the Act have not been met; or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the attounts to be reached. M Fuller FMAAT CRASL Saxmundham STATEMENT OF FINANCIALAcnvmES For the year ended 31 August 2020 2020 Total 2019 Unrestricted Totsl Note Income and endomnents from Voluntory Income.. Donations and legacie5 Grants Artivitieslorgeneratingfunds.. Charitsble aetivities Investments 55,741 io. 55,741 iO,(M)O 68,572 61.163 61.163 Totsl Inc<￿e and endowments 126,904 126,904 68,572 Expendlwre Cost of generatin8 voluntary inc¢)me Charitable artivitie5 83,725 83,725 75,100 Totsl expendlture 83,725 83,725 75,11)0 Net movement In fvrnls 43,179 43,179 4,528 Balance5 brought forward 6.594 49.773 6.594 49.773 13,122 6.594 All of the Charitvs activities are classed as continuing. The Charity has no recognised gains or losses other than those shown above. The note5 on page5 11 to 15 form part of these accounts. Young People Taking Aclion BAL4NCE SHEET AS AT 30 June 2020 2020 2019 Flxed Assets Tangible Assets Current Assets Stock Debtors and prepayments Cash at bank-current Cash at bank-deposit Cash in hand -26 50.995 193 7.151 50.969 Llabllltles Amounts falling due in one year 1,1% 750 Net curr•it assets 49,773 49.773 6,594 6,594 Funds General 49,773 6,594 49.773 6,594 For the financlal year in question the company Wds entitled to exemption from audit under section 477 of the Companie5 Act 2006 relating to small companies. No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006. The directors atknowledge their responsibilities for complying with the requirements of the Art with re5pert to accounting records and the preparation of accounts. These accounts have been prepared in acwrdance with the provisions applbcable to companies subject to the Small companies, regime. Approved by the Board of Trustees on 0610512021 and signed on its behalf by: Martin Collett Trustee io Young People Taking Action NOTES TO THE ACCOUNT For the year ended 31 August 2020 ACCoU￿1NG pouaES Basls of preparation The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice and in accordaDce with the Financial Reporting Standards for Smaller Entities (effective January 2015) and the Charities Act 2011. Assets and liabilities are inrtbally recL¥nised at historical c05t or transaction value unless Othepwise stated in the relevant accounting policy note. The financial statements have been prepared to give and 'true and fair, view and have departed from the Charities (Attounts and Reports) Regulations 21X)8 only to the extent required to provide a 'true and fail. view. This departure has involved following Accounting and Reporting by the Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRSSE) issued on 16 Juty 2014 rather than the Accounting and Reporting by Charities= Staternent of Recommended Pract•ce effertive from l April 2005 vthich has since been withdrawn. Preparallon of accounts on a golng a￿Cern ba515 The assessment of the trustees is that the charity is a going concem. Income All incornin8 resources are included on the Statement of Financial Acti¥ities when the charity has sufficient certainty that receipt of the income is probable and the amount can be measured reliablv. EXpendi￿re Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party. It has been classified under headings that aggregate all costs related to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent wrth the use of iesources. The charrty is not registered for VAT and accordingly expenditure is shown gr05s of irrec¢)verable VAT. Grants offered subject to conditions ¥¥hich have not been met at the year end date are notes as eommitrnent but not accrued as expendtture. Voluntary Income All donated income is included in income on receipt where the donor requires that the sum is to be treated as income in future accounting periods. li Young People Taking Action NOTES TO THE ACCOUNT For the year ended 31 August 2020 Investment Income Interest received is included when receivable. Depreciation is provided on fixed assets at rates calculated to write off the costs. les5 estimated residual value, or each asset over its expected useful lrfe as follows:. Furniture. Fixture5 and Fittings- 20% on reducing balance Stock Stock is Wdlued at a lower of c05t and net realisable value 12 Young People Taking Action NOTES TO THE ACCOUNTS For the year ended 31 August 2020 2020 2019 Restrfcted Totsl Totsl Note Unrewlcied 2 Donatlons and le8ades Donations & Legacies Grants 55.741 io.( 55.741 68.572 lo.￿)0 65.741 65.741 68.572 3 Chwltsble actl¥ltles Fundraisine Youth Club Snack Bar / Trainin 20.023 12.771 777 27,593 47.616 12.771 33,570 27.593 61.163 4 Charltable acll¥ities Coffe bar & Food Fundraising Costs Wages & Salaries Pen5i0n Contributions Rent & Rates Light & Heat Telephone Waste Disp05al Licences Fire & Intruder Alarms Insurance Councelling Equiprnent & RepaiT5 Consumables Travel & Subsistence Project & Activities stationery & General Accounts LYC 367 11,320 39,547 1.925 10.8C 1,147 781 133 174 367 381 11.320 7.541 39.547 45,519 1.925 2,095 10.8(X) 10.8Q) 1.147 1.012 781 671 133 522 174 152 71X) 7(X) 3,810 3,810 3.405 413 219 810 819 428 428 310 310 10,229 710 10.229 710 Training 83.725 83.725 75.100 13 Young People Taking Action NOTES TO THE ACCOUNTS For the year ended 31 August 2020 5 Axed Assets Equipment Furniture T¢)tsl Cost At I September 2019 Additions Less." Grants 61,040 61.040 At 31 August 2020 61.040 61,040 Depreciatlon At I September 2019 Charge for the year 61.040 61.040 At 31 August 2020 61,040 61.040 Net bookvalue At 31 August 2020 At 31 Au8U5t 2019 6 Debtors and prepayments Debtors Prepayments -26 193 -26 193 7 Llabllltles: Amounts tallln8 due withln Th)e y Accruals and other creditors 1.196 1.196 750 750 8 Grants recthd Grants io.o(y) i0,￿x) 14 9 Fundralslng Date 08110120D 0811012019 1410912015 07IIOn019 Oonatedby timbtsmèchTn￿t CMfiÈldCh Trust Ajthe Found*lty) woodiolle ÈEnton FwTrdati Arnaion Smlle SydneyVlack(harftabteTnisL Theoak Trust Ga￿￿dweStory Robert Foulldth Suffo*Coff¥Trurd Fwndation Al￿rt HunICharfta￿1ry n Found•tyoTh 5umundhaMT￿rWnthl Nltholyou Foundati Jjnazon Smilt ndham S.MO.NJ ?50. 2511112019 051Iv201Y 091i212019 0911212019 0911112019 1710112020 0910312020 1910312020 2710412020 2Vo512020 2810512Q20 2610512020 10th12020 1610712020 2010812020 7m3 SLV. 33 Fouadai Simon Gibs0Tr Char*aileTnJsr TrePI￿}Fund MIRen￿rn OakTrust GaDiooICharl¢abkYrust 5.IXM).LKI J,m)ts) 2.5WCQ 47.256.23 19M3.23 io.o*J. 221Iono 251L111019 Mid prAnt comm verastarLIO 17.28 342.IB J59A6 47.6J*69 2OJJiiS9 10.09J.O) UWIJJD 15