## ## ## |||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|hours
cf
1-1
support
degvsred|YP
consulted
WIlh|YP
receiving
training|YP
from
groups
gaining
qusgilcatlons|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|