2024-03-31-accounts - Tanyard Youth Project Limited

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

REGISTERED COMPANY NUMBER: 05336853 (England and Wales) REGISTERED CHARITY NUMBER: 1108844

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

TANYARD YOUTH PROJECT LIMITED

Bevan Buckland LLP Chartered Accountants Castle Chambers

6 Westgate Hill Pembroke Pembrokeshire SA71 4LB

TANYARD YOUTH PROJECT LIMITED

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

		Page
Report of the Trustees	1	to	4
Independent Examiner's Report		5
Statement of Financial Activities		6
Balance Sheet	7	to	8
Notes to the Financial Statements	9	to	14
Detailed Statement of Financial Activities		15

TANYARD YOUTH PROJECT LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The Tanyard Youth Project exists to provide a safe and welcoming space for young people. The core Youth Drop-In provision allows young people to make constructive use of their leisure time and to access information, advice and support on a wide range of issues. For children and young people with additional social or learning needs, we provide alternative provisions in a quieter setting. The Tanyard Youth Project aims to make a positive difference to young people's lives. In furtherance of these objectives, the Tanyard provides a meeting place in Pembroke where informal sessions and other forms of leisure time occupation are provided for the benefit of young persons and the wider community. The Charity at all times observes and encourages ethical values.

Public benefit

The Trustees have reviewed the activities of Tanyard Youth Project Limited and believe that they are of general public benefit.

This was confirmed in 2016 with the High Sheriff of Dyfed's Award which recognises "the distinctive contribution made" by the organisation which provides an "outstanding community service". The Tanyard Youth Project was also a finalist in the Youth Work Excellence Awards of 2019, 2020, 2021 and 2022, winning in the Partnership Working category in 2020 and in the Digital Innovation category in 2021.

The work of the Tanyard has been acknowledged by the Neighbourhood Policing Team, the Youth Offending Team and Street Pastors as having a significant impact on the reduction and prevention of anti-social behaviour and offending by young people.

Page 1

TANYARD YOUTH PROJECT LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

ACHIEVEMENT AND PERFORMANCE

Review of activities

During 2023 to 2024 the Tanyard Youth Project provided drop-in sessions, themed groups, film, photography and music studio tuition and a variety of activities and projects over 48 weeks, engaging with 302 different children and young people. 173 of these were returning members from the previous year and 129 of them were new members.

Members had the opportunity to make constructive use of their leisure time by participating in a wide range of activities. These included arts and crafts, sports and games, cooking, music, drama, film-making, photography, employability and life skills, and health and well-being workshops. We ran monthly themed groups: Girls' group, LGBTQ+ group, Boys' group, Debate Club, Youth Committee and weekly Wellness sessions. Perhaps most importantly though, we provide a friendly, welcoming place where information can be accessed, and support, guidance and advice can be obtained on a wide range of issues and life choices.

Very importantly, we updated our Charitable Aims this year, to reflect the fact that we have no religious bias and that we provide services to the wider community as well as to children and young people.

When we were not open for youth drop-in we ran sessions for adults. We ran 'Warm Winter Crafternoons' with free hot food during the winter months. We ran Yard Talk, a peer support group for men needing emotional support and practical help, and we continued to run BESPOKE, a peer support group for disabled adults.

During the year our children and young people participated in 'Fit and Fed' activities during the school holidays, where they could try various sports and physical activities and have a healthy meal and a snack afterwards. Our members organised and ran an Art Exhibition in town, displaying their own work to the public. They hosted our South Korean friends from the Central Church in London and enjoyed Korean food in the summer. Young people also attended the local Farmers' show, providing a car park marshalling service. They started a Football Lending Library, which encouraged more young people to try the sport, including girls. In September, the Tanyard's Wellness group was awarded a 'Mental Health Champion' trophy at the Pembrokeshire Teens Matter Awards. Towards the end of the year our young people learned some Christmas songs and sang these at the Community Carols event in the Town Hall. We ended the year with a Christmas party for our young people, where awards were handed out to those who had achieved great things or made great progress during the year.

As always, our Boatyard Film and Music Studio has proven to be a tremendous resource and a unique experience with free tuition for many children and young people. Young people of various ages helped to produce promotional videos for both the Pembroke Town Walls Trust and Tanyard Youth Project itself, the latter receiving superb feedback from a number of people and organisations. Alongside the film making, free tuition in music, film-making and photography also continued, bringing new skills and confidence to local young people.

We participated in a Welsh Government funded research project in conjunction with two universities that are looking into how third sector youth work is funded. We attended Pembrokeshire's Tackling Poverty Summit. We ran a Community Consultation in the Tanyard, open to all local businesses and organisations, parents and the public. We also continued to support the local authority's Youth Justice Team throughout the year. Our working relationship with the University of Wales Trinity Saint David continues.

Our project/service-specific funders this year have included our local authority, BBC Children in Need, the Council for Wales of Voluntary Youth Services (CWVYS), the Lidl Community Fund, Tesco Stronger Starts, the Principality Building Society, the Lidl Hygiene Poverty Fund, the National Grid Community Matters Fund, South Hook LNG, Warburtons Community Grants and the Pembrokeshire Youth Bank.

We also received unrestricted grants from the Albert Hunt Trust, the Masonic Charitable Foundation, the Postcode Community Trust and UK Youth in association with the Pears Foundation.

In addition to these grants, we also received donations from Amazon Smile, the Co-op Community Foundation, Crowdfunder, easyfundraising and Mytilineos Energy and Metals, amongst other miscellaneous donations throughout the year. We are immensely grateful to all of the above on behalf of our service users.

We continue to maintain and repair our old building that nestles into the 14th century town walls. This year we have had the roof of the Tanyard repaired and we have had a ramp installed in the courtyard to improve access for disabled users. Having obtained significant grant funding, we are now preparing for a refurbishment of the Boatyard Studio.

Still facing an evolving set of challenges after the 2020-21 Covid pandemic and the current Cost of Living Crisis, the Tanyard continues to work positively and successfully with some of most disadvantaged children and young people in Pembrokeshire, as well as the wider community. Staff are qualified and registered youth workers supported by well-trained part-time staff, volunteers and trustees. Safeguarding is everyone's top priority, and the Board maintains a close involvement in all aspects of the charity's operations.

Page 2

TANYARD YOUTH PROJECT LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

FINANCIAL REVIEW

Principal funding sources

The Tanyard relies on funding from both the private and public sector, including sale of services. This year the Trust has recorded a deficit of £20,623.

Investment policy and objectives

The Project does not hold investments.

Reserves policy

The Trustees, whilst recognising the need for a Reserves Policy, have determined the appropriate level as 3 months' salaries and redundancy costs which equates to approximately £30,000.

Going concern

The Trustees have reviewed the Tanyard Youth Project as a going concern and are satisfied that there are sufficient funds available for the Project for the foreseeable future.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Organisational structure

The Trustee Board is drawn from a wide range of backgrounds in the local community and provides the skills and experience to operate, manage and develop the Project. Board meetings are held regularly (usually every 6 weeks), at which the policies of the Project and its general running are discussed, and detailed financial reports are given so that informed decisions may be made about the Project's finances.

The Project is run by a full-time Project Manager. There is one other full-time member of staff, eight part-time and approximately ten adult and young-adult volunteers

Some funds are raised by the young people themselves (coffee mornings, cake sales, craft stalls) and this income is earmarked specifically for activities and equipment chosen or requested by them.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

05336853 (England and Wales)

Registered Charity number

1108844

Registered office

The Tanyard Commons Road Pembroke Pembrokeshire SA71 4EA

Trustees

Rev R Jones Mrs L Edwards Mrs A E Mortenson J A Grimes Miss K L Quant (appointed 7.2.24) J D Watson-Probert (appointed 1.6.23)

Company Secretary

Mrs S E Lines

Independent Examiner

Bevan Buckland LLP Chartered Accountants Castle Chambers 6 Westgate Hill Pembroke Pembrokeshire SA71 4LB

Page 3

TANYARD YOUTH PROJECT LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

REFERENCE AND ADMINISTRATIVE DETAILS

Bankers

CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Mailing Kent ME19 4JQ

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

........................................................................ Mrs L Edwards - Trustee

Page 4

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TANYARD YOUTH PROJECT LIMITED

Independent examiner's report to the trustees of Tanyard Youth Project Limited ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act 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 Charities Act 2011 ('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

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

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.

Caroline Wheeler

Bevan Buckland LLP Chartered Accountants Castle Chambers 6 Westgate Hill Pembroke Pembrokeshire SA71 4LB

Date: .............................................

Page 5

TANYARD YOUTH PROJECT LIMITED

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024

Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 64,855 Other trading activities 3 52,079 Investment income 4 2,670 Other income 3,807 Total 123,411 EXPENDITURE ON Charitable activities Provision of services 144,034 NET INCOME/(EXPENDITURE) (20,623) RECONCILIATION OF FUNDS Total funds brought forward 198,603 TOTAL FUNDS CARRIED FORWARD 177,980	Restricted fund £ 56,938 - - - 56,938 56,938 - - -	2024 Total funds £ 121,793 52,079 2,670 3,807 180,349 200,972 (20,623) 198,603 177,980	2023 Total funds £ 123,625 44,582 936 5,056 174,199 210,766 (36,567) 235,170 198,603

The notes form part of these financial statements

Page 6

TANYARD YOUTH PROJECT LIMITED

BALANCE SHEET 31 MARCH 2024

Notes FIXED ASSETS Tangible assets 9 CURRENT ASSETS Stocks 10 Debtors 11 Cash at bank and in hand CREDITORS Amounts falling due within one year 12 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS Amounts falling due after more than one year 13 NET ASSETS FUNDS 15 Unrestricted funds TOTAL FUNDS	2024 £ 144,007 250 438 134,234 134,922 (11,599) 123,323 267,330 (89,350) 177,980 177,980 177,980	2023 £ 164,873 426 1,197 147,042 148,665 (14,958) 133,707 298,580 (99,977) 198,603 198,603 198,603

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

The notes form part of these financial statements

Page 7

continued...

TANYARD YOUTH PROJECT LIMITED

BALANCE SHEET - continued 31 MARCH 2024

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:

.............................................

R Jones - Trustee

............................................. L Edwards - Trustee

............................................. A E Mortenson - Trustee

............................................. J A Grimes - Trustee

The notes form part of these financial statements

Page 8

TANYARD YOUTH PROJECT LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - 4% on cost Plant and machinery - 20% on cost Fixtures and fittings - 20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the Trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. DONATIONS AND LEGACIES

Donations Grants	2024 £ 7,855 113,938 121,793	2023 £ 42,030 81,595 123,625

Page 9

continued...

TANYARD YOUTH PROJECT LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

2. DONATIONS AND LEGACIES - continued

Grants received, included in the above, are as follows:

PAVS Children In Need CWVYS Community Foundation in Wales D'Oyly Carte Charitable Trust Postcode Local Trust BESPOKE Welsh Government Hubbub Lidl Community Fund Local Giving Pembrokeshire Youth Bank UK Youth DWF Foundation Warburtons Community Grants Albert Hunt Trust Masonic Charitable Foundation 3. OTHER TRADING ACTIVITIES Provision of services and projects 4. INVESTMENT INCOME Deposit account interest 5. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Depreciation - owned assets	2024 £ - 29,679 7,500 12,500 - 25,000 - - - 1,750 4,963 - 20,000 146 400 2,000 10,000 113,938 2024 £ 52,079 2024 £ 2,670 2024 £ 20,866		2023 £ 5,328 31,222 10,000 - 3,000 - 5,000 2,095 3,000 1,000 500 450 20,000 - - - - 81,595 2023 £ 44,582 2023 £ 936 2023 £ 23,052

6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.

Page 10

continued...

TANYARD YOUTH PROJECT LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

7. STAFF COSTS

The average monthly number of employees during the year was as follows:

Full and part time No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 62,030 Other trading activities 44,582 Investment income 936 Other income 5,056 Total 112,604 EXPENDITURE ON Charitable activities Provision of services 136,171 NET INCOME/(EXPENDITURE) (23,567) RECONCILIATION OF FUNDS Total funds brought forward 222,170 TOTAL FUNDS CARRIED FORWARD 198,603 TANGIBLE FIXED ASSETS Improvements Freehold to Plant and property property machinery £ £ £ COST At 1 April 2023 and 31 March 2024 306,316 188,334 56,070 DEPRECIATION At 1 April 2023 247,336 84,746 53,996 Charge for year 12,253 7,532 1,035 At 31 March 2024 259,589 92,278 55,031 NET BOOK VALUE At 31 March 2024 46,727 96,056 1,039 At 31 March 2023 58,980 103,588 2,074		2024 9 Restricted fund £ 61,595 - - - 61,595 74,595 (13,000) 13,000 - Fixtures and fittings £ 13,642 13,411 46 13,457 185 231		2023 11 Total funds £ 123,625 44,582 936 5,056 174,199 210,766 (36,567) 235,170 198,603 Totals £ 564,362 399,489 20,866 420,355 144,007 164,873

8. 9. TANGIBLE FIXED ASSETS

Included in freehold property is £118,000 relating to funding from Big Lottery Fund. Included in property improvements is £129,377 relating to funding from Big Lottery Fund. The depreciation relating to freehold property is £4,720, the grant released against this is £2,950. The depreciation relating to property improvements is £5,174.

Page 11

continued...

TANYARD YOUTH PROJECT LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

9. TANGIBLE FIXED ASSETS - continued

Amounts included in property improvement (£58,957) and equipment (£2,491) relates to funding by Garfield Weston Foundation. The depreciation relating to the property improvements is £2,358, the grant released against this is £6,500.

10. STOCKS

Stocks 11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors Prepayments 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Social security and other taxes Other creditors Accrued expenses Deferred grants	2024 £ 250 2024 £ 82 356 438 2024 £ - 402 570 10,627 11,599	2023 £ 426 2023 £ 1,197 - 1,197 2023 £ 1,504 1,259 570 11,625 14,958

Included in deferred grant are deferred grants relating to receipts from Big Lottery Fund and Garfield Weston Foundation. These are released against depreciation, under the terms of the grant freehold property is released over 40 years, property improvements are released over 10 years and plant and equipment are released over 5 years.

13. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

Deferred grants 14. ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestricted fund £ Fixed assets 144,007 Current assets 134,922 Current liabilities (11,599) Long term liabilities (89,350) 177,980	Restricted fund £ - - - - -	2024 £ 89,350 2024 Total funds £ 144,007 134,922 (11,599) (89,350) 177,980	2023 £ 99,977 2023 Total funds £ 164,873 148,665 (14,958) (99,977) 198,603

Page 12

continued...

TANYARD YOUTH PROJECT LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

15. MOVEMENT IN FUNDS

At 1.4.23
£
Unrestricted funds
General fund
198,603
TOTAL FUNDS
198,603
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
123,411
Restricted funds
Restricted
56,938
TOTAL FUNDS
180,349
Comparatives for movement in funds
At 1.4.22
£
Unrestricted funds
General fund
222,170
Restricted funds
Restricted
13,000
TOTAL FUNDS
235,170
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
112,604
Restricted funds
Restricted
61,595
TOTAL FUNDS
174,199

Net
movement
At
in funds
31.3.24
£
£
(20,623)
177,980
(20,623)
177,980
Resources
Movement
expended
in funds
£
£
(144,034)
(20,623)
(56,938)
-
(200,972)
(20,623)
Net
movement
At
in funds
31.3.23
£
£
(23,567)
198,603
(13,000)
-
(36,567)
198,603
Resources
Movement
expended
in funds
£
£
(136,171)
(23,567)
(74,595)
(13,000)
(210,766)
(36,567)

Page 13

continued...

TANYARD YOUTH PROJECT LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

15. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds General fund Restricted funds Restricted TOTAL FUNDS	At 1.4.22 £ 222,170 13,000 235,170	Net movement in funds £ (44,190) (13,000) (57,190)	At 31.3.24 £ 177,980 - 177,980

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds General fund Restricted funds Restricted TOTAL FUNDS	Incoming resources £ 236,015 118,533 354,548	Resources Movement expended in funds £ £ (280,205) (44,190) (131,533) (13,000) (411,738) (57,190)

16. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2024.

17. VOLUNTEERS TIME

During the year the charity has benefitted from volunteer support, no adjustment has been made to the accounts to reflect the value of volunteer time.

Page 14

TANYARD YOUTH PROJECT LIMITED

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024

INCOME AND ENDOWMENTS Donations and legacies Donations Grants Other trading activities Provision of services and projects Investment income Deposit account interest Other income Other income Total incoming resources EXPENDITURE Charitable activities Wages Pensions Insurance Light and heat Sundries Travel and subsistence Premise costs Coffee bar Project expenses Depreciation charge for year Release of capital grant Support costs Management Telephone Subscriptions and affiliations Finance Bank charges Support costs Postage, printing and stationery Accountancy fees Professional fees Payroll expenses Resources staff facilities Repairs, maintenance and minor equipment Volunteer expenses Staff training Total resources expended Net expenditure	2024 £ 7,855 113,938 121,793 52,079 2,670 3,807 180,349 125,365 4,224 1,757 6,609 1,236 48 9,089 811 22,653 20,866 (11,625) 181,033 1,330 2,377 3,707 66 6,565 540 1,081 1,026 174 1,360 - 5,420 16,166 200,972 (20,623)	2023 £ 42,030 81,595 123,625 44,582 936 5,056 174,199 132,034 3,614 1,586 4,183 683 958 3,657 1,988 32,529 23,052 (14,878) 189,406 1,267 1,625 2,892 57 6,160 540 89 998 221 8,540 79 1,784 18,411 210,766 (36,567)

This page does not form part of the statutory financial statements

Page 15