2021-03-31-accounts - Children And Young People's Empowerment Project Limited

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		Page
Legal and administrative	information
Trustees' annual report		2-28
Independent examiner's	report	29
Statement offinancial activities		30
Balance sheet		31
Statement of Cashflows		32
Notes to the accounts		33-39

Protect		YP participated In Chgypep's groups	group work hours degvered	YP receiving 1-1 support	hours cf 1-1 support degvsred	YP consulted WIlh	YP receiving training	YP from groups gaining qusgilcatlons	qua&Sections gained	professionals trained	support funds awarded
Bsmslsy										34
BMBC training
Bsmsley	CCG									136
training
Bamsley
Schools	&	64	75	10			162	16	16	18
Colleges
Bsmsley	WLI-			24	326	25
MMML
Bemsley
Young		29	125	29	256	134	13	13	31
Commissioners
BRV				46	80
Connsc0ons 14UB		63	34	73	73	12					22
Create SheNeld			10			14
CWPs
Oerby
University	peer									56
mentorlng
training
Gen 2		36	54			89	51			31
MMML ShsNeld				25	188	18
RUBIC		12
SheNeld
University	peer									38
menlorlng
training
STAMP		20	89	15	46	18		12	16
TOTALS		278	416	232	1061	310	249	41			22

					General	Designated	Restricted	Total	Total
					funds	funds	funds	2021	2020
				Notes	6		6	6	F
Income from:
Donations					820	5,525		6,345	2,257
Charitable	activities
Projects						492,572	335,748	828,320	633,339
Delivery	oftraining		and consultancy		6,045			6,045	8,602
Other income					1,457			1,457	284
					8,322	498,097	335,748	842,167	644,482
Expenditure	on:
Charitable	Activities			3	857	398,323	257,382	656,562	581,927
					857	398,323	257,382	656,562	581,927
Net income/(expenditure)					7,465	99,774	78,366	185,605	62,555
Transfers between		funds		10&11	1,754	2,000	(3,754)
Net movement in		funds			9,219	101,774	74,612	185,605	62,555
Total funds	brought	forward			75,842	44,681	90,144	210,667	148,112
Total funds	carried		forward		85,061	146,455	164,756	396,272	210,667

As at 31 March 20	21
			2021	2020
		Notes	6
Current assets
Debtors			28,567	11,865
Cash at bank and in	hand		459,469	359,030
Total current assets			488,036	370,895
Creditors: amounts	falling due within one year		(91,764)	(160,228)
Net current assets			396,272	210,667
Total assets less current liabilities			396,272	210,667
Creditors: amounts	falling due after more than one year
Total net assets			396,272	210,667
Represented by:
Funds ofthe Charity
General funds			85,061	75,842
Designated funds Unrestricted funds		10	146,455 231 516	44,681 120523
Restricted income funds		11	164,756	90,144
		12	396,272	210,667

						2021	2020
					Note
Cash flows from operating	activities
Net cash provided by/(used		in) operating	activities		16	100,439	166,773
Change in cash and cash	equivalents					100,439	166,773
Cash and cash equivalents		at the beginning		ofthe year		359,030	192,257
Cash and cash equivalents		at the end of	the	year		459,469	359,030

	Children and Young people's Empowerment project Limited is a charitable company m the United	Kingdom limited by	Kingdom limited by	Kingdom limited by	guarantee.	guarantee.		In the	In the	event		that the	that the	that the
	charily is wound up, the liability in respect of Ihe guarantee is limited to 21 per member ofthe charity. The		address of the registered					office is given					in the
	chanly information on page I ofthese financial statements
	The financial statements have been prepared m accordance with the Statement of Recommended prepanng their accounts in accordance the Financial Reportmg Standard applicable in the UK and	Practice: Accounting and Reporting by Chanties Republic of Ireland (FRS 102)(second edition), the
	Fmancial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102)and with		Ihe Charities		Act2011.
	Children and Young People's Empowerment Project Limited meets the definition of a public benefit	entity	under FRS	102. The financial						statements				are
	prepared under the historical cost convention. The financial statements are presented in sterhng which is		the functional		currency			of the charity				and		are
	rounded to the nearest 2,
(b)	Income
	Income is recognised when the chanty has enbtlement to the funds, any performance conditions attached		to the item(s) of income have							been	mel,			it is
	probable that the income will be received and the amount can be measured reliably.
	Project income (grants, contracts and service level agreements) is recogmsed on an accruals basis	over	the period to		which	the	protect			relates,			where
	specified by the funding agreement, project income received rn advance ofthe start date ofthe project is deferred until			the start of			the project.
	Investment mcome is included when receivable.
(c)	Expenditure and irrecoverable VAT
	Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable				that	settlement			will be		required
	and the amount of the obligation can be measured reliably.
	irrecoverable VAT is charged as acost agamst ths activity for which the expenditure was mcurred.
(d)	Tangible fixed assets
	Ag rtems of capital expenditure below 2500 are wntten offas rncurred.
	Depreciation has been calculated to write down the cost or valuation, less estimated residual value, of ag tangible fixed			assets		over		their	expected				useful
	lives on a straight hne basis.
(e)	Debtors
	Trade debtors are amounts due from customers for services performed m the ordinary course ofbusiness.
	Trade debtors are recognised mitiagy at Ihe transaction price. They are subsequently measured at	amortised cost using the				effecbve			mterest		method,
	less provision for impairment. A provision for the impairment of trade debtors is established when there is		objecbve evidence			that		Ihe	company			will		not
	be able lo cogecl ag amounts due according to the anginal terms ofreceivables.
(f)	Creditors
	Trade creditors are obligations to pay for goods or services that have been acquired m the ordinary course		ofbusmess	I'rom suppliers. Accounts							payable
	are classified as current liabilities if the company does nol have an unconditional right, at the end	of the reporting		penod,		to defer settlement							of the
	credaor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve								months		after			the
	reporting date, they are presenled as non-current liabilities.
(g)	Financial instruments
	The charity only has financial assets and financial liabilities of a kind thai qualify as basic financial	instruments. Basic financial instruments are										initially
	recognised at transaction value end subsequently measured at their settlement value.
(h)	Cash and cash equivalents
	Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly	liquid	investments		that are readily				convertible					to a
	known amount of cash and are subject lo an mslgnificant dsk ofchange in value.
(i)	Defined contribution pension scheme
	The chadity contributes to a defined contnbubon pension scheme for Ihe benefit of the employees.	The	pension costs charged					agamst		net incoming
	resources are the contributions payable to the scheme in respect ofthe accounting period m accordance with FRS102.

4	Staff Costa
																						2021	2020
																							E
	Salaries																				414,943		332,875
	Employer's National			Insurance																		36,263	26,560
	Employer's allowance																					(4,000)	(3,000)
	Employer's Pension			contributions																		32,423	25,D42
	Other staff costs	(payrog fees,				DBSchecks,			recruitment,	training		and expenses)										15,644	23,221
																					~495273		404,69S
	No employee received emoluments						of	more	than L60,000.
	The average monthly			number ofemployees					during the year was			18(2020:16).
5	Grants paid
	The total amount	of	grants		paid are		represented by:
																						2021	202D
																						2	f
	Paid to:								Project paid from:
	Mesh								RUBIC													7,058	26,767
	City of Sanctuary	Sheffield							RUBIC													5,458	19,878
	Sheffield Methodist		District						RUBIC													3,161	15,636
	VIDA Sheffield								WBG initiative													1,140
																						16817	62,281
	Ag the above grants			are paid to an			organisation rather than				an individual. The		funds	are initially		received	from Ihe funders			listed and were subsequently
	paid out lo the above			organisalions			to deliver		the project	in	partnership with Chilypep			and detailed		in the original		funding	application.
6	Debtors
																						2021	2020
																							F.
	Trade debtors																					26,169	9,539
	Other debtors																					2,398	2,326
																					~28567		~tt 865
7	Creditors: amounts			falling	due within			one	year
																		Note				2021	2020
																						8	E
	Trade creditors																					18,749	21,490
	Accruals																					3,3DO	2,970
	Other creditors																					144	577
	Agency balances																					4,5M	13,605
	Deferred income																					65,0DO	121,586
																						91,764	160,228
8	Agency balances
	Chilypep has the	contract			to administer			Ihe	personalised		Health	Care Budgets for		children	and	young	people	in care	with		mental	health	issues. The
	funds belong to the		individuals,			and	the	charily pays out the			funds	in acordance	with	the individuals		wishes.
																						2021	2020
																						f	E
	Brought forward																					13,605	35,580
	Income																						3
	Expenditure																					(9,034)	(21,978)
	Carried forward																					4571	13,605

Analysis offunds by net assets
	General	Designated	Restricted	Total
	funds F.	tunds 6	funds f	2021 6
Net current assets	85,061	146,455	164,756	396,272
Prior year comparison	General	Designated	Restncfed	Tolai
	funds	funds f	funds f	2020 f
Nel current assets	75,842	44,681	90,144	210,667
	75842	44681	~90144	270667

	As al 31 March	20	21 th	e ch	arity wa	s com	mitted to making the fallowing	minimum payments under operat	ing leases ss follows:
									2021	2020
									6	6
	Payable within 1	year							20,300	21,200
	Payable between	1-5years							877 ~21 177	21,177 42,377
16	Reconciliation	of	net	expenditure		to net cash flow from operating		activities
									2021	2020
									6	f
	Net income/(expenditure)			for the year (as			per the SOFA)		185,605	62,555
	Adiustments for
	(Increase)/decrease		in	debtors					(16,702)	5,285
	Increase/(decrease)		in	creditors					(68,464)	98,933
	Net cash provided		by/(used		in) operatmg		activities		~100435	166,773

16 Statement of	Financial Activities - pri	or year compariso	n
		General	Designated	Restricted	Total	General	Designated	Restncted	Total
		funds	funds	funds	2021	funds	funds	funds	2020
		E	6	5	6	f	f	E	f
income from:
Dorlatlcne		820	5,525		6,345	1,879	378		2,257
Charitable activities
projects			492,572	335,748	828,320		287,950	345,389	633,339
Delivery oftraining snd consultancy		6,045			6,045	7,520		1,082	8,602
Other income		1,457			1,457	230			284
Investment income
		8322	4'BS,097	835.T48	842.1BT	9629	288 382	346471	644 482
Expenditure on:
Charitable Activities		857	398,323	257,382	656,562	6,823	277,134	297,970	581,927
		857	~398323	~257 382	~656562	6,823	277 134	297.9TQ	581,927
Net income/(expenditure)		7,465	99,774	76,366	185,805	2,806	11,248	48,501	62,555
Transfers between funds		1,754	2,000	(3,754)
Nst movement in funds		9,219	101,774	74,612	185,605	2,806	11,248	48,501	62,555
Total funds brought	forward	75,842	44,681	90,144	210,667	73,036	33,433	41,643	148,112
Total funds oarried	forward	~85081	~1454SS	~164756	~3272	75 842	44 681	90144	210667