Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09.-30.-37 BST (UTC +11 D 113 P 1136 Registered number: 04493501 Charity number.. 1106341 BERKSHIRE YOUTH LTD (A company limited by guarantee) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09.-30.-37 BST (UTC +11 D 113 P 2136 BERKSHIRE YOUTH LTD IA company limited by guarantee} CONTENTS Page Reference and administrative details of the Company. its Trustees and advisers Trustees. report 3-10 Independent audltors. report on the financlal statements Statement of financial activities 14 8alance sheet 15 Statement of cash flows 16 Notes to the financial ststement$ 17-34
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09.-30.-37 BST (UTC +11 D 113 P 2136 BERKSHIRE YOUTH LTD IA company limited by guarantee} REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2023 Trustees W E J Leich OBE (resigned 26 July 20221 R G Smee MBE, Chair up to 11 March 2023 M C Deaves lappoinled 24 August 20221 A Boissel S Atkinson, Chair from 11 March 2023 D Williams OBE A Littlejohns (resigned 17 November 20221 W Austin-Bush P Virk {resigned 13 May 20221 G Wilkinson lappointed 17 May 2022, resigned 24 August 20221 G Constsnt lappoinled 1 June 20231 T Evershed (appointed 1 June 20231 B Felmer (appointed 1 June 20231 J Halliday lappointed 1 June 20231 A Law lappoinled 1 June 20231 G May (appointed 1 June 20231 Company reglstered number 04493501 Charlty reglstered number 1106341 Reglstered offlce Wallington House, 44 Watlinglon Street, Reading, Berf(shire, RG14RJ Patron Mr James Puxley, Lord Lieutenant of the Royal County of Berkshire Chlef Executlve Officer S Emery Independent audltors James Cowper Kreston Audit, Reading Bridge House, George Street, Reading, RG18LS Bankers CAF Bank Ltd, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent, ME19 4JQ Natwest, 118 High Street, Slough, Berkshire, SL1 1JH Close Brothers Savings, 10 Crown Place, London, EC2A 4FT Page 1
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09.-30.-37 BST (UTC +11 D 113 P 4136 BERKSHIRE YOUTH LTD IA company limited by guarantee} REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY. ITS TRUSTEES AND ADVISERS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2023 Solicitors Field Seymour Parkes LLP, 1 London Street, Reading, Bert(shire, RG1 4PN Page 2
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09.-30.-37 BST (UTC +11 D 113 P 5136 BERKSHIRE YOUTH LTD IA company limited by guarantee} TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2023 The Trustees present their annual report together with the audited financial statements of the Company for the 1 April 2022 to 31 March 2023. The Annual report serves the purposes of both a Trustees, report and a directors. report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current slatulory requirements, the requirements of the charitable company's goveming document and the provisions of the Statement of Recommended Practice ISORPI applicable lo Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 leffeclive 1 January 20191. Since the Company qualifies as small under section 382 of the Companies Act 2006, the Slralegi¢ report required of medium and large companies under the Companies Act 2006 Islralegi¢ Report and Directors. Reportl Regulations 2013 has been omitted. Objg¢tives and a¢tivitigS Public Benefit Bert(shire Youth operates as a Charity and the Trustees have paid due regard lo the guidance issued by the Charity Commission regarding public benefit, this is outlined under the poli8 & objectives below a. Policies and objg¢tive$ The objective of the charity is to further the development and education of young people through leisure time activities, to help them grow lo full maturity as individuals and members of society so that their conditions of life may be improved. The objective allows the Charity to.. establish, support and develop clubs for young people., provide a platform for work related to drugslalcohol abuse, Crime and other social issues., work towards the initiation and support of relevant community projects., provide high quality training, personal development and activity through a neork of national and local partners., work in partnership with other specialist agencies, lo improve social inclusion and financial independence for young people., provide an opportunity for the implementation of local and national government initiatives and social development programmes, through the voluntary youth service- and link up with commercial organisalions in a wide range of sponsored programmes and activities for young people. A¢higVgmgnt$ and pgrforman a. Charitablg activities Charitable activities 2022 - 23 This year began in April 2022, the midpoint of the first full academic year since the pandemic. We started lo see the fallout from pandemi¢ and the many restrictions surrounding it, and the impact il had on our young people here in Berkshire. With increased anxiety levels amongst many young people, disengagement from school, many youth services that have not reopen or are ovenmhelmed with referrals the opportunities facing young people are challenging Berf(shire Youth continues to provide servi8 directly to young people as well as providing guidance and support lo many clubs and communities that want lo help young people. Our diverse range of activities reflect the complex landscape that young people are facing, the struggles our wmmunilies are facing and an opportunity for positive change. Page 3
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09.-30.-37 BST (UTC +11 D 113 P 6136 BERKSHIRE YOUTH LTD IA company limited by guarantee} TRUSTEES. REPORT {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2023 Achlevements and performance (Contlnuedl West Berkshire Youth Hub Established during the pandemic this pilot project created a platform lo be a central point of information across all six local areas of Berkshire. This platfomi continues to provide information for both young people, parents, and professionals on advice, activities and training available across the county. We have expanded this work lo include some directly delivered Mental Health support work for those young people awalting clinical support from CAMHS. We have also teamed up to provide some tffiining for staff and volunteers to ensure they are beller equipped to face the mental health issues young people are presenting with. School mentorin and detached outh work This project has continued lo grow across Berkshire with serious crime, county lines and youth violence continuing to be an issue facing young people in Berkshire. This project focuses on young people who a risk of becoming involved in these activities or who are risk of exclusion from school and therefore increasing their potential risk. We welcomed new funding from Children in Need lo support young people in Slough, building on the great work in West Berkshire through the Supporting Families Programme and in Bracknell with the support of Henry Smith. Through the schools mentoring project we have delivered to 271 individualsl 1710 sessions., detached 1043 interactions with young people through 81 sessions Newbu town team We continue lo build on our relationship with Newbury Town council and other partners across the Newbury district. This project has created a close partnership in Newbury enabling us lo offer regular support and connexion with the young people of Newbury, providing a safe adult and safe spaces for young people. The detached Youth Workers have had 1796 interactions with young people through 197 sessions. West Berkshire Communi ro rammes Supported by Greenham Trust this project enables a variety of projects designed to support young people and communities across Wesl Berkshire. Notable highlights over the last year include= Splat programme- 77 sessions,. 175 hours- 533 individuals Leadership programme- 100 sessions., 182 hours,. 72 individuals Fit 4 Youth- 10 sessions- 20 hours,. 125 individuals Girls Sports- 61 sessions., 179 hours,. 660 individuals Community Sports- 153 sessions., 521 hours., 1304 individuals Community Development - we have employed a Youth Development Worker to support the development of Youth Provision and quality within existing provision Club Develo ment Our Community Development work has been working with communities to build upon existing provision and create new youth provisions across our communities. Of particular work are the great partnership with Tilehurst Parish Council and also Lamboum Youth Junction, both of whom we have supported lo develop significant provisions for their communities. Duke of Edinbur h award This virtual award programme has provided young people with the opportunity lo engage with the award scheme in a manner that suits their lifestyle available resource and time. During this year we are delighted that we have achieved the following.. Gold Level - 46 registered,. 1 completed Silver Level- 53 registered,. 10 completed Bronze Level - 122 registered., 16 completed Trainin Universal Safeguarding - 4 participants,. 1 session Equality, Diversity & Inclusion- 2 participants,. 1 session Emergency 1 st Aid al Work- 7 participants,. 2 sessions Page 4
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09.-30.-37 BST (UTC +11 D 113 P 7136 BERKSHIRE YOUTH LTD IA company limited by guarantee} TRUSTEES. REPORT {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2023 Achlevements and performance (Contlnuedl The Wa The Wayz is a ftjn, safe and welcoming place for young people from across Bracknell Forest to attend. There are a variety of projects available in order lo cater for a wide variety of young people. These young people allend in order to enjoy and partake in leisure time activities, as well as gain the opportunity lo try new things. We feel our role is lo support and empower them through their own development., through a consislenl and positive pathway of new opportunities, challenges, experiences, training, self- reflection and awareness. All of which is designed lo develop each young person in regards lo their own needs and aspiffitions. This provides an arena lo help support young people gain the confidence and understsnding when dealing with current issues and challenges in their lives. Provlslons Current Projects Running consist of.. Juniors, Inters, Seniors, Chill Out, Hang Out, Day Camps Activity Scheme, Volunteer Programme, 13-17yr old Offer, Community Programme and our Mobile Youth Hub, Fusion, Youth 1..1 Support and Mobile Hub (offering youth support in schools and detached within the communilyl. Our session run weekly and offer a range of activities within the building and occasional trips throughout the year. The holiday programme of Day Camps and 13-17yr old offer, included trips and team building aclivilies. This year we support the Holiday and Activity Food Programme (HAF} which enabled higher uptske throughout Easter, Summer and Christmas. 13- 17 Holiday Programme.. 56 individuals,. 21 sessions Day Camps Holiday Programme.. 109 individuals,. 44 sessions Juniors.. 93 individLJals', 37 sessions Inters.. 87 individuals,. 44 sessions Seniors.. 74 individuals- 47 sessions Chill Out.. 15 individuals,. 40 sessions Hang Out.. 37 individuals,. 46 sessions Number of referrals from schools.. 76 Number of referrals from outside agencies requesting support.. 99 Waterslde We have successfully secured a lottery grant lo support the development of the Waterside project. This 5 year grant ensures we have the staffing in place to build a robust operation over the next 5 years, diversifying income and generating stronger community links. During this year we have delivered the following Holiday Programmes.. 1234 registrations for 19 programmes,. 21 After Schools Youth Sessions.. 609 registrations for 7 programmes School Activity Sessions.. 26 individuals for 3 programmes Sport in the Park sessions.. 464 attendances., 21 sessions We have joined up with a number of community groups to enable Waterside to become the home for their services. This ranges from Community Larder, to Refugee Support servi lo a local boxing provision. We continue lo listen to young people about their needs and develop partnerships and create programmes lo support their needs. We receive positive feedback regularfy across our projects and programmes, as well as from members of the wider community. We have developed a focus group for Waterside that ensures that all staff from sessional lo senior staff to have a voice in shaping our services. We recognise that we have struggled with the impact of cost of living on the running on the building but also on the cost of staffing and impact that may be having on the recruitment of staff. Like many charities we have struggled with staff recruitment, and continue lo struggle with some posts. We also have had to review our income generation structure as many of the small community groups we had hoped would use this building have not returned post covid andlor are struggling for funding and therefore the hire costs. Page 5
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09.-30.-37 BST (UTC +11 D 113 P 8136 BERKSHIRE YOUTH LTD IA company limited by guarantee} TRUSTEES. REPORT {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2023 Achlevements and performance (Contlnuedl As we look forward we wll continue lo work with our community to enable a broader spectrum of community lo be engaged in the building. We are reviewing our income generation model lo ensure we are maximising the lettings potential of the building. Our development of youth voice and leadership has great potential and will continue lo showcase the very best of what Waterside Centre has to offer. Britwell 2022 10 2023 saw the end of Covid restriction and finally a chance to gel the Café open from the beginning of the year. The holiday clubs have again proved very popular and the Holiday Activities & food programme has provided a meal for the young people attending the day lime sessions. The centre has built on the success of the schools project, keeping young people away from knives, on top of this the young people of Britwell have created their own film °Slranger Danger" highlighting the risk of speaking lo strangers. It was also a real honour lo be one of the very few organisations in the country to have been recognised and rewarded with a Tree from the queens Green Canopy, the tree was presented lo the centre by the Lord Lieutenant of Berkshire Mr James Puxley. The gift of the tree was a thank you from the Queen for all the tireless and valuable work that is undertaken for the benefit of the Britwell Community by the stsff, Trustees and recognises the young people of the Britwell. What a great way lo celebrate and pay tribute lo Her Majesties long public service by acknowledging the real grass roots of our communities School holiday provision.. 174 individuals,. 37 sessions Weekly youth provision= 231 individuals., 96 sessions Flnanclal revlew a. Golng concern The forecast of income and expenditure for financial the year 2022 to 2023 shows a good spread of grants and service level agreements. there is little reliance on major funders and the risk has been spread across donors and income. At the lime of approving the financial statements for 22-23, the Iruslees have a reasonable expectation that the charity has adequate resources lo continue in operational existence for the foreseeable future. Thus, the Iruslees continue to adopt the going concern basis of accounting in the current year. The pandemic will have long term effect on the schooling and behaviourslexpectslions of young people, we understand through local and national research that young people are looking for more support activities, things lo do and safe places out of school. The demand for our service is currently growing which is putting pressure on staffing. The investment in Training and development will help lo mitigate this risk. Page 6
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09.-30.-37 BST (UTC +11 D 113 P 9136 BERKSHIRE YOUTH LTD IA company limited by guarantee} TRUSTEES. REPORT {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2023 b. Reserves pollcy The Trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets I'lhe free reserves'l held by the charity should be between 3 and g months of the resources expended, which equates to between £120,000 and £360,000 in general funds. Al this level, the Trustees feel that they would be able lo continue the current activities of the charity in the event of a significant drop in funding. If this happens, it would obviously then be necessary to consider how the funding would be replaced or activities changed. Currently free reserves amount to £208,737. Our reserves at the year-end comprise.. Reslricled funds for projects Funds invested in fixed assets Designated funds Free reserves Total £227,215 £19,661 £62,323 £208,737 £517,936 c. Flnanclal revlew In the financial year our income exceeded expenditure by £18,302. The Trustees are pleased to report that in the first full year of operation the Waterside Centre generated a surplus which has contributed to the overall surplus of Berkshire Youth" d. Explanatlon of tranfer of restrlcted to unrestrlcted funds Berkshire Youth assign direct costs through our accounting system Sage to projects throughout the year, these direct costs do not amount lo the full cost of the project, the transfers al the end of the year lake into account the full cost of the project. Structure, governance and management a. Governlng document The charity is controlled by ils goveming document, a deed of Irusl, and conslitules a limited company, limited by guarantee, as defined by the Companies Act 2006, reviewed and updated 2017. b. Organlsatlonal structure Berkshire Youth currently has 12 Iruslees of the charity who meet quarterly and are responsible for the strategic direction and policies of the charity. The directors are from a range of professional backgrounds relevant to the work of the charity. A scheme of delegation is in place and day lo day responsibility for provision of services rest with the Chief Executive Officer along with the Finance Manager. The Chief Executive Officer is responsible for ensuring that the charity delivers the services specified and that key performance indicators are met. The Operations Director has responsibility for the day to day management of the team and oversight of contracts., ensuring staff have regular supeNision and access lo training which will enhance skills and working practice in line with good practices. Our Operations Director was promoted to CEO in November and retained the responsibilities for both roles. Page 7
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09.-30.-37 BST (UTC +11 D 113 P 10136 BERKSHIRE YOUTH LTD IA company limited by guarantee} TRUSTEES. REPORT {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2023 Structure, governance and management (Contlnuedl c. Remuneratlon of key personnel The Trustees are responsible for setting the pay and remuneration of key management personnel. Remuneration is sel once certain factors are considered. These factors include market rates of pay and benchmarks against other charities. d. Recrultment and appolntment of dlrectors The Directors of the company are also charity Iruslees for the purpose of the charity law. The D1clOrS of Berkshire Youth are elected for 3 years after which they musl be re-elected at the Annual General Meeting. All Directors of Berkshire Youth give their time voluntarily and receive no benefits from the charity. Any expenses reclaimed from the charity are sel out in note 14 of the accounts. The focus of the work of Berkshire Youth is on young people and the Directors represent members of the community who can support and influence the objectives of the charity. Berkshire Youth works lo identify representslion from young people on the Board of the charity. e. Dlrectors Inductlon and tralnlng Directors of Berkshire Youth are encouraged and assigned to a member of the staff team to understand the day lo day delivery of services. New Trustees are provided with an indu¢lion book, job description and relevant goveming documents alongside 'the essential trustee. booklets provided by the Charity Commission and additional Trustee training has been undertaken through Almond Tree Strategic Consulting. f. Rlsk management The trustees have identified and regulady review the risks to which the charity is exposed. As part of this process, the trustees have in place appropriate controls to provide reasonable assurance against fraud and error. The trustees have clear policies outlining their expectations for service delivery. The policies include risk assessment of all activities lo ensure the safeguarding of the young people, employees and trustees including the Patron and President. The management of risk covers every aspect of the Organisations work. and as such an evolving management matrix has been established for constant review. The Trustees review the matrix as a standing item al every quarterly board meeting. All risks associated lo the work of Berkshire Youth including direct delivery and external forces are reviewed and graded accordingly. Plans for future perlods Strate and riorities The strategy of Berkshire Youth is lo support young people in their local communities across the county, developing and delivering opportunities for young people to engage in positive aclivilies, which encourage personal development and direct them away from risky behaviours, which are not only personally damaging but also cause long-tem) costs to their communities and the public finances. Through local community engagement and an active programme of personal development we support young people to become active citizens, fully engaged in social action. Page 8
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09.-30.-37 BST (UTC +11 D 113 P 11ts6 BERKSHIRE YOUTH LTD IA company limited by guarantee} TRUSTEES. REPORT {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2023 Plans for future perlods {contlnuedl We aim lo be the "go lo" organisalion in Berkshire for youth support and youth service, The voice of young people in the area. This is particularly true since all the ststulory authorities in the county have withdrawn from universal youth service provision. We continue to be proactive in seeking out and creating opportunities for transformative change in communities, so each community can lake responsibility for their own young people and recognise those young people as valued community members, who make positive contributions. As part of this strategy, we are continuing to maintain the range of activities we offer, wherever funding has been obtained. Over the next three years our objectives are to.. Continue lo maintsin our relationship with the exisb'ng 'lnspired Facilities., independent flagship youth centres supported by Berkshire Youth. Expand the opportLJnilies provided from the newly refurbished Waterside Centre Newbury. Maintain a structured activity programme which enables young people to experience r)ew activities and address healthy lifeste choices. Develop a Iransilional offer for young people, through school and into adolescence, building on previous experience with supporting young people through the transition from primary lo secondary school. Through our Leadership Academy, further develop a volunteering framework engaging young people and community members to work together lo identify and address local needs. Through appropriate training opportunities, provide communities with the tools to support quality youth work. Promote the work of Berkshire Youth lo commercial and corporate partners. Fundraisin To deliver this ambitious strategy, we need to diversify and extend our funding base. This means both exploring new sources of funding and securing increased or longer-term funding from existing funders. Our aim, over three years, is to put in place a sustainable and diverse funding base lo provide Continuity for the future, and in particular to increase the proportion of our funding that is unrestricted. The trustees have taken account of new GDPR regulations and as a Consequen identified processes that allow us to identify suitable and appropriate opportunities for a¢SSing public trusts and individual philanthropists. Bert(shire Youth seeks additional support where needed through ils network of friends and members currently we do not approach the general public. Priorities We have identified four fundraising priorities into which we are continuing lo inject focussed effort land in some cases resour} over the next three years. These are.. Bid writing (for grants andlor contracts from a wide range of sourcesl including the statutory sector, trusts and foundations, Housing Associations elc. Part of this work includes contracting for fundraisinglbid-writing expertise. Further developing philanthropic giving in Berkshire for youth support setvices through our President, Patron, Trustees, stsff and others, returning lo the original roots of finan for Berkshire Youth. Developing corporatelbusiness funding lin cash and in kindl of various fomis including sponsorship, donations, use of facilities, volunteering etc. Developing and launching a capital appeal. Page 9
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09-.30-.37 BST (UTC +11 D 113 P 1W36 BERKSHIRE YOUTH LTD IA company limited by guarantee} TRUSTEES. REPORT {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2023 Plans for future perlods {contlnuedl Development of tradedlpaid-for ServIS Iwhelher paid for by participants, clubs, schools or businesses) will be undertaken in an organic way, seeking out and capitalising on opportunities as they present themselves and extending our offer incrementally without taking significant risks le.g. making significant investment) until the market potential and price points are more clearly understood. Statement of Trustees. responslbllltles The Trustees (who are also the directors of the Company for the purposes of company lawl are responsible for preparing the Trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Praclicel. Company law requires the Trustees to prepare financial statements for each financial Under company law, the Trustees musl not approve the financial statements unless they are satisfied that they give a true and fair view of the slate of affairs of the Company and of its incoming resources and application of resources, including ils income and expenditure, for that period. In preparing these financial stalemenls, the Trustees are required to: select suitable accounting policies and then apply them consistently., observe the methods and principles of the Charities SORP IFRS 1021., make judgments and accounting estimates that are reasonable and prudent., stale whether applicable UK Accounting Standards IFRS 1021 have been followed, subject lo any material departures disclosed and explained in the financial stalemenls., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will conlinLJe in business. The Trustees are responsible for keeping adequate accounting records that are sufficient lo show and explain the Companls transactions and disclose with reasonable accuracy at any lime the financial position of the Company and enable them lo ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hen for taking reasonable steps for the prevention and detection of fraud and other irregularities. Disclosure of infomiation to auditors Each of the persons who are Trustees al the time when this Trustees. report is approved has confirmed Ihal.. so far as that Trustee is aware, there is no relevant audit information of which the charills auditors are unaware, and that Trustee has taken all the steps that ought to have been taken as a Trustee in order to be aware of any relevant audit information and to establish that the charitls auditors are aware of that information. Auditors The auditors, James Cowper Kreston Audit, have indicated their willingness lo continue in office. The designated Trustees will propose a motion reappointing the auditors at a meeting of the Trustees. Approved by order of the members of the board of Trustees and signed on their behalf by.. 19¢L<Tiurct*l S Atkinson Chair of Board Dale.. 19 August 2023 Page 10
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09-.30-.37 BST (UTC +11 D 113 P 16 BERKSHIRE YOUTH LTD IA company limited by guarantee} INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF BERKSHIRE YOUTH LTD Opinion We have audited the financial statements of Berkshire Youth Ltd (the 'charilable companll for the year ended 31 March 2023 which comprise the Statement of financial activities, the Balance sheet, the Statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. (United Kingdom Generally Accepted Accounting Practi1. In our opinion the financial statements.. give a true and fair view of the slate of the charitable companls affairs as at 31 March 2023 and of ils incoming resources and application of resour8, including its income and expenditure for the year then ended., have been properfy prepared in accordance with United Kingdom Generally Accepted Accounting Practice., and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing IUKI IISAS {UKI} and applicable law. Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant lo our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the Trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable companls ability lo continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Trustees with respect lo going concern are described in the relevant sections of this report. Page11
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09.-30.-37 BST (UTC +11 D 113 P 14136 BERKSHIRE YOUTH LTD IA company limited by guarantee} INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF BERKSHIRE YOUTH LTD ICONTINUEDI Other information The other information comprises the information included in the Annual report other than the financial statements and our Auditors. report thereon. The TrLJStees are responsible for the other infomiation contained within the Annual report. Our opinion on the financial statements does not cover the other information and, except lo the extent otherwise explicitly slated in our report, we do not express any form of assuran conclusion Ihereon. Our responsibility is lo read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misslatemenl in the financial statements themselves. If, based on the work we have performed, we Conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing lo report in this regard. Opinion on othgr mattors prgscribgd by the Companies 1 2006 In our opinion, based on the work undertaken in the course of the audit= the infomialion given in the Trustees. Report for the financial year for which the financial statements are prepared is consistent with the financial statements. the Trustees, Report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstalemenls in the Trustees. Report. We have nothing lo report in respect of the following matters in relation to which Companies Act 2006 requires us lo report to you if, in our opinion.. adequate accounting records have not been kept, or retums adequate for our audit have not been received from branches not visited by us,. or the financial statements are not in agreement with the accounting records and returns,. or certain disclosures of Trustees, remuneration specified by law are not made., or we have not received all the information and explanations we require for our audit., or the Trustees were not entitled lo prepare the financial statements in accordance with the small companies gime and take advantage of the small companies, exemptions in preparing the Trustees, Report and from the requirement to prepare a Strategic Report. Responsibilities of trustees As explained more fully in the Trustees, responsibilities statement, the Trustees (who are also the directors of the charitable company for the purposes of company lawl are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such intemal control as the Trustees determine is necessary lo enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the Trustees are responsible for assessing the charitable companls ability lo continue as a going concem, disclosing, as applicable, matters related to going concern and using the going concem basis of accounting unless the Trustees either intend to liquidate the charitable company or lo cease operations. or have no realistic alternative but to do so. Page 12
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09.-30.-37 BST (UTC +11 D 113 P 15136 BERKSHIRE YOUTH LTD IA company limited by guarantee} INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF BERKSHIRE YOUTH LTD ICONTINUEDI Auditors. responsibilities for the audit of the financial Statgmgnts Our objectives are lo obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors. report that includes our opinion. Reasonable assurance is a high level of assurance, bLJt is not a guarantee that an audit conducted in accordance with ISAS IUKI will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected lo influence the economic decisions of users taken on the basis of these financial statements. Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstalemenl in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely lo become aware of instsnces of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional COnalMent, forgery, collusion, omission or misrepresentation. The specific procedures for this engagement that we designed and performed to detect material misstatements in respect of irregularities, including fraud, were as follows.. Enquiry of managernent and those charged with governance around actual and potential litigation and claims., Reviewing minutes of meetings of those charged with governance., Reviewing financial statement disclosures and testing lo supporting documentation to assess compliance with applicable laws and regulations- Performing audit work to address the risk of irregularities due lo management override of controls, including lesling of journal entries and other adjustments for appropriateness, evalLJaling the business rationale of significant transactions outside the normal course of business and reviewing accounting estimates for evidence of bias. A fLJrther description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website al.. www.frc.or .uklauditorsres onsibilities. This description forms part of our Auditors. report. Use of our report This report is made solely to the charitable companls trustees, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might slate to the charitable companls trustees those matters we are required to slate to them in an Auditors, report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and ils members, as a body, for our audit work, for this report, or for the opinions we have formed. Darran O'connor BS¢ {Hon$} FCCA ACA {Senior statutory auditor) for and on behalf of James Cowper Kreston Audit Chartered Accountants and Stslutory Auditor Reading Bridge House George Street Reading RG1 8LS Dale.. 31 August 2023 Page 13
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09-.30-.37 BST (UTC +11 D 113 P 1W36 BERKSHIRE YOUTH LTD IA company limited by guarantee} STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2023 Unrgstricted funds 2023 Rgstricted funds 2023 Total funds 2023 Total funds 2022 Not Income from: Donations and legacies Charitable activities.. Support Action Clubs 4,807 4,807 22,813 120.946 120.946 383,546 271,468 6.292 69.624 6,124 3,430 33,275 281,088 560,381 24,328 113,087 970 2,470 3,232 383.546 256,723 14,745 6.292 3.336 6.124 3,430 Training and development Activities Other trading activities Investments Other income 66.288 Total Income 159.680 706.557 866.237 1,041,644 Expenditure on- Raising funds Charitable adivities.. Support Action Clubs 9,633 9,633 12,612 173.956 173.956 311.873 224,418 46.198 81.857 33,275 196,024 591,365 29,064 73,956 30,540 311.873 210,922 13,496 46.198 308 Training and development Activities Other ch8ri18ble costs 81.549 Total expenditure 243.591 604.344 847.935 966,836 Net lexpenditurellincome Transfers between fLJnds 83,9111 114,572 102.213 1114.5721 18,302 74,808 Net movement In funds 30,661 (12.359) 18,302 74,808 Reconclllatlon of funds.. Total funds brought forward Nel movement in funds 260.060 30,661 239.574 12,3591 499.634 18,302 424,826 74,808 Total funds carrled forward 290.721 227.215 517.936 499,634 The Statement of Financial Activities includes all gains and losses recognised in the year. Page 14
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09.-30.-37 BST (UTC +11 D 113 P 17136 BERKSHIRE YOUTH LTD IA company limited by guarantee} REGISTERED NUMBER: 04493501 BALANCE SHEET AS AT 31 MARCH 2023 2023 2022 Note Flxed assets Tangible assets Current assgts 15 19,661 17,803 Debtors Cash at bank and in hand 16 186,489 531,985 77,716 513,938 718,474 591,654 Creditors.. amounts falling due within one year 17 1220,1991 1109,823) Net current assets 498,275 481,831 Total assgts less currgnt liabilitigs 517.936 499,634 Total net assets 517.936 499,634 Charity funds Restricted funds 18 227.215 290.721 239,574 260,060 Unreslricled funds 18 Total funds 517.936 499,634 The entity was entitled to exemption from audit under section 477 of the Companies Act 2006. The members have not required the entity lo obtain an audit for the year in question in accordan with sedion 476 of the Companies Act 2006. However, an audit is required in accordance with section 145 of the Charities Act 2011. The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respert lo accounting records and preparation of financial statements. The financial statements have been prepared in accordan with the provisions applicable to entities subject lo the small companies regime. The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by= S Atkinson Chair of Board Dale.. The notes on pages 17 to 34 fomi part of these financial statements. Page 15
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09-.30-.37 BST (UTC +11 D 113 P 1W36 BERKSHIRE YOUTH LTD IA company limited by guarantee} STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2023 2023 2022 Notg Cash flows from operatlng actlvltles Nel cash used in operating activities 21 20,273 16,461 Cash flows from Investlng actlvltles Bank interest Purchase of tangible fixed assets 3,430 {5,6561 2,470 19,2941 Net cash used In Investlng actSvltSes (2,2261 16.824) Change In cash and cash equlvalents In the year 18,047 9.637 Cash and cash equivalents at the beginning of the year 513,938 504,301 Cash and cash equlvalents at the end ofthe year 22 531.985 513,938 The notes on pages 17 to 34 form part of these financial statements Page 16
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09.-30.-37 BST (UTC +11 D 113 P 19136 BERKSHIRE YOUTH LTD IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Genoral information Bert(shire Youth Ltd is a private company, incorporated in England and limited by guarantee. The registered office and principal place of trade of the Company in the year was Wallington House, 44 Wallington Street, Reading, Berkshire, RG14RJ. Accounting policigs 2.1 Basis of preparation of financial statements The financial statements have been prepared in accordan with the Charities SORP IFRS 1021 Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20151, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. Berkshire Youth Ltd meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless othenNise staled in the relevant accounting policy. 2.2 Company status The company is a company limited by guarantee. The members of the company are the Trustees named on page 1. In the event of the company being wound up, the liability in respect of the guarantee is limited lo £10 per member of the company. The Company's registered office and principal place of business is Wallington House, 44 Wallington Street, Reading, Berkshire, RG14RJ. The companls principal activity is that of the provision of y()uth work Servi$. 2.3 Income All income is recognised once the Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Where the donated good is a fixed asset, il is measured al fair value, unless il is impractical lo measure this reliably, in which case the cost of the item to the donor should be used. The gain is recognised as income from donations and a corresponding amount is included in the appropriate fixed asset class and depreciated over the useful economic life in accordance with the Company's accounting policies. Grants are included in the Statement of Financial Activies on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Income is only recognised lo the extent that the charity has provided the specified services to the as stipulated in the performance related conditions. Income tax recoverable in relation to donations reiVed under Gift Aid or deeds of covenant is recognised at the lime of the donation. Income lax recoverable in relation to investment income is recognised at the time the investment income is receivable. Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service. Page 17
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09.-30.-37 BST (UTC +11 D 113 P 20136 BERKSHIRE YOUTH LTD IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Accounting poli¢ig$ l¢ontinugdl 2.4 Expgnditurg Expenditure is re¢ognised once there is a legal or Constructive obligation to transfer economic benefit to a third paty, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity a made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable lo a single activity are allocated directly to that aclivily. Shared costs which contribute to more than one activity and support costs which are not attributable lo a single activity are apportioned between those activities on a basis consistent with the use of reSoUrs. Central staff costs are allocated on the basis of time spent, and depreciation Charges allocated on the portion of the asset's use. Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in SLJPPOrt of the charitable aclivilies. Govemance costs are those incurred in ¢onne¢tion with adminislrab'on of the company and compliance with conslitulional and statutory requirements. Costs of generating funds are costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds. Charitable adivities and Governan costs are Costs incurred on the companls operations, including support costs and costs relating to the governance of the company apportioned lo charitable activities. 2.5 Intorgst recoivablg Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the company,. this is normally upon notification of the interest paid or payable by the Bank. 2.6 Taxation The Company is considered lo pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore il meets the definition of a charitable company for UK corporation tsx purposes. Accordingly, the Company is potentially exempt from taxation in respect of income or capital gains reiVed within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the exlenl that such income or gains are applied exclusively to charitable purposes. Page 18
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09.-30.-37 BST (UTC +11 D 113 P 21136 BERKSHIRE YOUTH LTD IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Accounting poli¢ig$ l¢ontinugdl 2.7 Tangiblg fixod assets and dopreciation Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured al cost less accumulated depreciation and any accumulated impaimient losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost. Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straighl-line method. Depreciation is provided on the following bases.. Motor vehicles Fixtures and fillings offi equipment 25 10 slraighl line 10°/o slraighl line 33 /0 slraighl line 2.8 Dgbtors Trade and other debtors are recognised al the settlement amount after any trade discount offered. Prepayments are valued al the amount prepaid net of any trade diswunls due. 2.9 Cash at bank and in hand Cash at bank and in hand includes Cash and short-lerm highly liquid investments with a short maturity of three months or less from the date of a¢quisition or opening of the deposit or similar acwunl. 2.10 Liabilitigs Liabilities are re¢ognised when there is an obligation al the Balan sheet dale as a result of a past event, it is probable that a transfer of economic benefit will be required in selllemenl, and the amoLJnt of the settlement can be estimated reliably. Liabilities are recognised at the amount that the company anticipates il will pay to sellle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to sellle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted al the pre-tax discount rale that reflects the risks specific lo the liability. The unwinding of the discount is recognised within interest payable and similar charges. 2.11 Operating lgasos Rentals paid under operating leases are charged to the Statement of financial activities on a straight- line basis over the lease term. 2.12 Pgnsions The Company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Company lo the fund in respect of the year. The Company is a member of a mLJlti-employer plan. Where it is not possible for the Company lo obtain sufficient infomialion to enable it lo account for the plan as a defined benefit plan, it accounts for the plan as a defined contribution plan. Page 19
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09".30".37 BST (UTC +11 D 113 P 2W36 BERKSHIRE YOUTH LTD IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Accounting poli¢ig$ l¢ontinugdl 2.13 Fund accounting General funds are unreslricled funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Company and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been sel aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial slatemenls. Investment income, gains and losses are allocated to the appropriate fund. Critical accounting ostimatgs and argas of judgmgnt Eslimales and judgments are Continually evaluated and are based on historical experience and other factors, in¢luding expectations of future events that are believed to be reasonable under the ¢ircumslan¢es. Critical accounting estimates and assumptions.. The Company makes estimates and assumptions conrning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the Carrying amounts of assets and liabilities within the next financial year are discussed below. Tangiblo fixed as$gt$ Tangible fixed assets are depreciated over their useful lives taking into account residual values, where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending on a number of factors. Residual value assessments consider issues such as the remaining life of the asset and projected disposal values. Incomg from donations and lega¢ig$ Unrgstricted funds 2023 Restricted funds 2023 Total funds 2023 Total funds 2022 Donations 2023 4,807 4,807 22,813 Donations 2022 10,009 12,804 22,813 Page 20
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09".30".37 BST (UTC +11 D 113 P 26 BERKSHIRE YOUTH LTD IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Income from other trading activities Incomg from fundraising gvgnts Unrgstrictgd funds 2023 Totsl funds 2023 Total funds 2022 Fundraising 2023 6,124 6.124 970 Fundraising 2022 970 970 Investment income Unrestricted funds 2023 Total funds 2023 Total funds 2022 Investment income 2023 3,430 3,430 2,470 Investment income 2022 2,470 2,470 Page 21
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09.-30.-37 BST (UTC +11 D 113 P 24136 BERKSHIRE YOUTH LTD IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Incoming resour¢gs from charitablo a¢tivitig$ 2023 2022 Support Other income Grants 2,746 118.200 7,886 25,389 120,946 33,275 Action Other income Grants 4,422 379,124 15,119 265,969 383,546 281,088 Clubs Other income Grants 137,142 134,326 40,480 519,901 271,468 560,381 Activities Other income Grants 10,804 58,820 20,467 92,620 69,624 113,087 Tralnlng and development Other income Grants 6,292 14,875 9,453 6,292 24,328 Page 22
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09.-30.-37 BST (UTC +11 D 113 P 25136 BERKSHIRE YOUTH LTD IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Grants 2023 2022 Anton Jurgens Charitable Trust Awards for all BBC Children in Need Beatrice Laing Trust Berkshire West Clinical Commissioning Group CCG Bernard Sunley Foundation Bracknell Forest Council Children, Young People and Leaming Directorate Bracknell Forest Youth Service Bra¢knell Thames Valley Office for Police & Crime Commissioner Charles Hayward Foundation Cumber Family Charitable Trust DWF Department for Working Pension - flexible Support Fund Education & Skills Funding Agency ESFA Garfield Weston Foundation Gerald Palmer Eling Charitable Trust Gel Berkshire Active 4,000 9,914 30,202 5,000 3.018 27,537 80,000 5.000 55,380 14,500 18,904 25.000 2,000 1,000 26,714 25,000 55,380 14,500 25,000 26,714 1,888 25,000 3,000 2,000 43,355 4,800 206,188 2,000 12.362 16,901 Greenham Trust Limited Greenham Trust Limited - lets gel active Greenham TrLJSt The Good Exchange Greenham Trust The Good Exchange - Newbury Youth Work Greenham Trust The Good Exchange- Miss Lawrence Trust Johnnie Johnson Trust NAGBC - National Association of Girls & Boys Clubs - Kickslart programme Newbury Town Council Police and Crime Commissioner from the Home Office Early Intervention Youth Fund 4,500 1.500 3,220 2,400 7,565 29,167 25,000 58,350 5,500 2,500 Quartet Community Osbourne Clarks Shanley Foundation Souter Charitable Trust 3,120 10.000 5,600 9,816 1,000 3.125 Sovereign Housing Association Ltd Sovereign Housing Sovereign #iwill Fund st Lauren Relief Tesco- one slop community fund Tesco- one slop community fund The Berkeley Charitable Foundation The Clothworkers Foundation The Edward Gostling Foundation The Hedley Foundation The Henry Smith Charity 2,400 1,000 3,000 20,700 30,000 5,000 2,000 55,500 47,667 Page 23
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09".30".37 BST (UTC +11 D 113 P 2W36 BERKSHIRE YOUTH LTD IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 The Henry Smith Charity- Outreach Support Programme The Monica Rabagliali Charitable Trust The National Lottery Community Fund The Payne Gallwey Charitable Trust The Sackler Trust The Sobell Foundation The Slevensons Family Charitable Trust {BCFI Tilehurst Parish Council TK Maxx & Homesense UK Youth - future proof UK Youth EmpoweHer University of Reading West Berkshire Council West Berkshire Council Members Community Bid Capital West Berkshire Council School Improvement and Govemance Team West Berkshire Turnaround Families Wooden Spoon Other 20,521 2,500 119,000 2,000 50,000 10,000 15,000 11,702 15,000 16,220 1.500 2,410 3,000 1,890 42,864 15,000 7,830 43.662 22,400 13,333 46,667 15,000 11,476 690,470 913,332 other incoming resources Unrestricted funds 2023 Restricted funds 2023 Totsl funds 2023 Total funds 2022 Job retention scheme grant 2023 3,232 Job retention scheme grant 2022 494 2,738 3,232 Page 24
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09.-30.-37 BST (UTC +11 D 113 P 27136 BERKSHIRE YOUTH LTD IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Choritablg adivity costs 2023 2022 Support Action Clubs Activities 173,956 311.873 224,418 81,857 46,198 33,275 196,024 591,365 73,956 29,064 Training and development 838.302 923,684 SUPPORT.. This is the resource needed lo indirectly support all charitable activities. These are costs incurred to ensure the effective development and delivery of our offer of- Activities, Training. Action and Club Support. ACTION.- Volunteers are the backbone of Berkshire Youth. Through the Action department we support adults and young people to take positive action within their own community, to become the next leaders, and to involve others in shaping servi$ to young people. ACTIVITIES.. Our team strive to encourage young people to adopt a healthy lifestyle. The team offer a range of competitive and non-competitive events for young people to become involved in. CLUBS.. All Berkshire Youth departments are involved in the support of our clubs., Individual youth clubs are provided with the necessary policies and training to cover the essential elements of running a club and ensuring that a safe, challenging and enjoyable programme is on offer lo young people. We also affiliate our members to UK Youth. TRAINING.. The department provides a range of personal and club development opportunities for volunteer workers and young people. Berkshire Youth aims to improve the recognition of the work delivered to young people every week across the country. 11. Governance costs 2023 2022 Audit costs 9,600 3,774 20,883 1.716 865 9,600 235 18,772 1,370 563 Legal and professional costs Governan expense - wages and salaries Governance expense - social security Governance expense - pension costs 36,838 30,540 12. Audltors. remuneratlon The auditors, remuneration amounts to an auditor fee of £9,60012022 - £9,600). Page 25
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09".30".37 BST (UTC +11 D 113 P 2W36 BERKSHIRE YOUTH LTD IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Stsff costs 2023 2022 Wages and salaries Social security costs Contribution lo defined contribution pension schemes 354,621 30,843 22.255 297,644 24,568 16,032 407,719 338,244 The average number of persons employed by the Company during the year was as follows.. 2023 No. 2022 No. Charitable activities 17 17 Administration of the charity Senior management 23 20 The average headcount expressed as full-time equivalents was 13 {2022.. 10.51. No employee reiVed remuneration amounting lo more than £60,000 in either year. The key management personnel of Berkshire Youth comprises the Trustees, Chief Executive Officer and Operations Director. The lotsl employee benefits of key management personnel were £92,299 12022.. £103,263). 14. Trustees. remuneratlon and expenses During the year, no Trustees received any remuneration or other benefils12022 - £NILI. During the year ended 31 March 2023, no Trustee expenses have been incurred12022 - £NILI. Page 26
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09.-30.-37 BST (UTC +11 D 113 P 29136 BERKSHIRE YOUTH LTD IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Tangiblo fixed as$gt$ Motor Flxtures and vehicles fittings Office equlpment Total Cost or valuatlon At 1 April 2022 Additions 21,890 8,631 1,242 42.133 4,414 72.654 5,656 At 31 March 2023 21,890 9,873 46,547 78.310 Depreciation At 1 April 2022 Charge for the year 21,890 592 987 32.369 2.811 54.851 3.798 At 31 March 2023 21,890 1,579 35,180 58,649 Net book value At 31 March 2023 8,294 11.367 19,661 At 31 March 2022 8,039 9,764 17,803 Debtor$ 2023 2022 Trade debtors Prepayments and accrued income 186,489 74,534 3,182 186,489 77,716 Page 27
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09.-30.-37 BST (UTC +11 D 113 P 30136 BERKSHIRE YOUTH LTD IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Crgditors: Amounts falling dug within one year 2023 2022 Trade creditors Other taxation and social security Other creditors 36,293 4,507 3.681 175,718 26,462 3,988 2,769 76,604 Accruals and deferred income 220,199 109,823 2023 2022 Deferred income at 1 April 2022 ReSoUrS deferred during the year Amounts released from previous periods 60,804 166,118 160,8041 128,145 60,804 1128,1451 Deferred Income at 31 March 2023 166,118 60,804 The deferred income at the year end relates to grants received in the year for the year ending 2024. Page 28
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09.-30.-37 BST (UTC +11 D 113 P 21ts6 BERKSHIRE YOUTH LTD IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 ststgmgnt offunds ststement offunds - curront ygar Balance at 31 March 2023 Balan¢9 at 1 April 2022 Transfvrs inlout In¢om9 Expgnditur& Unrestrlcted funds Dasignated fund$ Berkshire wide 126.315 3,336 (13.792) 153,5361 62.323 General funds Berkshire wide 133.745 156.344 {229.799) 168.108 228.398 Total Unrestricted funds 260,060 159,680 (243.5911 114,572 290.721 Restricted funds Berkshire wide 239.574 706,557 {604,344) 1114,5721 227.215 Total of funds 499,634 866,237 1847,9351 517,936 Page 29
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09".30".37 BST (UTC +11 D 113 P 3W36 BERKSHIRE YOUTH LTD IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 ststgmgnt offunds (Continued) ststement of funds - prior ygar Balance at 31 March 2022 Balance at 1 April 2021 Transfers inlout Income Expenditure Unrestrlcted funds Dasignated fund$ Berkshire wide 5,650 111,6111 132,276 126,315 Unrestricted funds Berkshire wide 218,752 117,810 1203,3901 573 133,745 Total Unrestricted funds 218,752 123,460 1215,0011 132,849 260,060 Restricted funds Berkshire wide 206,074 918,184 1751,8351 1132,8491 239,574 Total of funds 424,826 1,041,644 1966,8361 499,634 Page 30
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09".30".37 BST (UTC +11 D 113 P 36 BERKSHIRE YOUTH LTD IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 19. Summary offunds Summary offunds- Qu9nt ygar Balance at 31 March 2023 Balan¢9 at 1 April 2022 Transfvrs inlout In¢om9 Expgnditur& Designated funds General funds Restricted funds 126.315 133,745 239.574 3,336 156,344 706,557 (13,792) 153,5361 (229,7991 168,108 {604.3441 1114,5721 62,323 228,398 227.215 499,634 866,237 1847,935) 517,936 Summary offunds - prior year Balance at 31 March 2022 Balance at 1 April 2021 Transfers inlout Income Expenditure Designated funds General funds Restricted funds 5,650 117,810 918,184 111,6111 132,276 1203,3901 573 1751,8351 1132,8491 126,315 133,745 239,574 218,752 206,074 424,826 1,041,644 1966,8361 499,634 20. Analysis of net assets between funds Analysis of net assets between funds - current year Unrestricted Restricted funds funds 2023 2023 Total funds 2023 Tangible fixed assets Current assets 19,661 325,141 154,0811 19,661 718.474 {220.199) 393,333 1166,1181 Creditors due within one year Total 290,721 227,215 517,936 Page 31
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09.-30.-37 BST (UTC +11 D 113 P 24ts6 BERKSHIRE YOUTH LTD IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 20. Analysis of ngt assets betwegn funds {¢ontinuodl Analysis of ngt as$gt$ betwggn funds - prior ygar Unrestricted funds 2022 Restricted funds 2022 Total funds 2022 Tangible fixed assets Current assets Creditors due within one year 17,803 291,276 149,0191 17,803 591,654 1109,8231 300,378 160,8041 Total 260,060 239,574 499,634 21. Reconclllatlon of net movement In funds to net cash flow from operatlng actlvltles 2023 2022 Nel income for the year las per Statement of Financial Acliviliesl 18,302 74,808 Adjustments for: Depreciation charges Bank interest 3,798 {3,4301 1108,7731 110,376 4,742 12,4701 8,966 162,4841 17,1011 Decreasellincreasel in debtors Increaselldecreasel in creditors Less donated assets Net cash provided by operating activities 20,273 16,461 22. Analysls of cash and cash equlvalents 2023 2022 Cash in hand 531,985 513,938 Total cash and cash equivalgnts 531,985 513,938 Page 32
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09.-30.-37 BST (UTC +11 D 113 P 35136 BERKSHIRE YOUTH LTD IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 23. Analysis of Ngt Debt At 1 April 2022 Cash flows At 31 March 2023 Cash at bank and in hand 513,938 18,047 531,985 513.938 18.047 531.985 24. Pension commitments The company operates a defined contribution pension scheme and a multi-employer defined benefit scheme being the Teachers, Pension Scheme. Defined Contribution Scheme The assets of the scheme are held separately from those of the company in an independently administered fijnd. The pension cost charge represents contributions payable by the company to both funds and amounted lo £21,390 12022.. £16,032). Contributions totalling £2,371 {2022.. £1,459) were payable to the funds at the balance sheet date and are included in creditors. 25. Operating lease commitments At 31 March 2023 the Company had commitments lo make future minimum lease payments under non- canlIable operating leases as follows.. 2023 2022 Not later than 1 year Later than 1 year and not later than 5 years 8,970 14,500 7,970 17,083 23,470 25,053 The following lease payments have been recognised as an expense in the Statement of financial aclivilies.. 2023 2022 Operating lease rentals 17,880 15,880 Page 33
Virtualsignalure Transaction Rel. 634N-3K7J-FSPR 19Aug 2023 09".30".37 BST (UTC +11 D 113 P 3W36 BERKSHIRE YOUTH LTD IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 26. Related party transadions Certain costs are re¢harged to The Wayz, a charity to which previous CEO David Seward is also a trustee. Berkshire YoLJth also hold the lease of the building used by The Wayz. During the year, income totalling £23,835 12022.. £20,2781 was reiVed from The Wayz. Costs lolalling £11,504 12022.. £3,097) were purchased from The Wayz. Al the year end inclLJded within trade debtors is an amount dLJe from The Wayz of £9,59712022'. £3,763) and included within trade creditors is an amount due to The Wayz of £11,50412022'. £4751. Expenditure totalling £477 12022.. £1,408) was reimbursed from Kintbury Youth Club, a charity to which Previous CEO David Seward is a Trustee. Al the year end, included in trade debtors is £nil 12021.. £1,008> due from Kintbury Youth Club. Grants totalling £nil 12022.. £327,152) were paid to Berkshire Youth Trust, a charity to which Trustee Roger Smee is also a Trustee, for the Waterside Centre refurbishment. At the year end, included in trade creditors is £nil12022.' £nill due lo Berkshire Youth Trust. Inwme tolalling £1,40012022.. £1,679) was received from Newbury Canoe Club, a charity lo which CEO David Seward is a Trustee, for hire of the Waterside Centre. At the year end, included within trade debtors is £1,40012022.' £1,679) due from Newbury Canoe club. ExpenditLJre lolalling £9,189 {2022.' £4,000) was paid lo BBY Waterside Limited, a Company to which Trustee Roger Smee is also a Director, for rent on the Waterside Cenlre. Al the year end, induded in trade ¢reditors is £531 12022.. £nill due lo BBY Waterside Limited. Expenditure tolalling £11,880 12022.. £11,880> was paid to Wallington House Trust, a charity to which Trustee David Williams is also a Trustee, for rent on the Wallington House. Al the year end, included in trade Creditors is £nil {2022.' £nill due to Wallington House Trust. 27. Controlling party The company is controlled by the trustees as disclosed per page 1 of the financial stalemenls. 28. Company limitgd guarantee The company is limited by guarantee and as such does not have share capital. In the event of the company being wound up every member of the charity undertakes such amount as may be required (not exceeding £101 lo the Charitys assets. 29. Unrg$tri¢tgd fund This comprises those funds which the trustees are free to use in accordan with the charitable objectives. Page 34