Company registration number: 05939049 Charity registration number: 1118893
## Nottingham Children, Young People and Their Families Project Ltd
(A company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 30 September 2021
## **Contents**
|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2 to 4|
|Independent Examiner's Report|5|
|Statement of Financial Activities|6|
|Balance Sheet|7|
|Notes to the Financial Statements|8 to 14|
## **Reference and Administrative Details**
**Trustees** Lisa Bamford Coleen Francis Nyran Roberts Kath Andrew **Charity Registration Number** 1118893 **Company Registration Number** 05939049 **Registered Office** 11 The Crescent Woodthorpe Nottingham NG5 4FX
Page 1
## **Trustees' Report**
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 30 September 2021.
## **Trustees and officers**
The trustees and officers serving during the year and since the year end were as follows:
Trustees: Lisa Bamford Coleen Francis Nyran Roberts Kath Andrew
## **Structure, governance and management**
## _**Nature of governing document**_
The charity is a company limited by guarantee and registered charity. It is operated under the rules of its memorandum and articles of association dated 1/5/06. It has no share capital and the liability of each member in the event of winding-up is limited to £0.01.
## _**Recruitment and appointment of trustees**_
�nce the need for new trustees is identified the existing trustees agree what s�ills, experience and �nowledge are needed, and write it down in the form of a short job description and person specification. The trustees then agree responsibilities and a process for recruitment�ta�ing care to comply with any specific re�uirements set out in the governing document. The trustees consider the best methods of attracting a diverse range of candidates with the s�ills the charity needs. Short-listing and interviews ta�e place against agreed criteria. Interviews are carried out by a small panel of trustees, and each candidate is as�ed similar �uestions to ensure a fair and objective approach. Notes are �ept of each interview. Preferred candidates are identified and invited to join the trustees, subject to references, formal vetting and approval by the full trustee board. The trustees chec�that the candidates have not been dis�ualified from acting as trustees, and candidates are as�ed to confirm in writing that this is the case. Candidates are as�ed to consider and declare any existing or potential conflicts of interest. Trustees see�any appropriate chec�s from the Disclosure and Barring Service.
In the light of the chec�s and declarations, trustees go ahead and formalise the appointment of new trustees.
## _**Major risks and management of those risks**_
## _Fund�n�_
�ngoing cuts and increased demand for funding continues to pose financial ris�s across the voluntary sector. To minimise these ris�s CYF continues to build our reserves, has secured the services of a fundraiser with 15 years experince, diversifying its income streams and maximises and pools existing resources.
## **Objectives and activities**
## _**Objects and aims**_
The principle object of the charity is to enhance the development and relieve the poverty of young people between the ages of 0 and 25 years and their families in Nottingham.
Page 2
## **Trustees' Report**
## _**Objectives, strategies and activities**_
CYF enables some of the most marginalised children and young people in Nottingham to be able to ma�e incredible differences to their own and their community's lives and futures. Through innovative and dynamic youth led projects, which provide new and exciting opportunities which develop life and social s�ills and provide a place of safety.
CYF delivers projects and services that address local issues and are lead and delivered by local people embedding CYF�s 14�years of learning in the community so that it can grow and have a lasting impact.
## _**Public benefit**_
Through the development of critical s�ills, community leaders and community cohesion.
The trustees confirm that they have complied with the re�uirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
## **Achievements and performance**
During this period we are delighted to have secured funding for and employed our part-time Creative Lead Nic� Ste��who will start in November 2021. Nic�has lived and wor�ed in the local community for over 30 years and has a wealth of experince of creative youth and community wor�.
We are excited to have secured funding to employ 3 young people at ris�of long-term unemployment through the Governments Kic�starter scheme and they will be wor�ing with us on a series of projects including a spo�en word mental health journal and a project exploring St.Ann's as a home of artists.
We have also secured a new office from which we now wor�. Than�s to Circle of Light we are now based in the creative hub of Fishergate Point and are grateful to have the space which includes access to an activity space and recroding studio.
We are also incredibly grateful to a private donor who has made it possible for CYF to access the services of an education consultant who is wor�ing with us to maximise the educational impact of our wor�.
## _**Policy on reserves**_
CYF is currently wor�ing to develop a reserves policy that will enable us to build free reserves that will enable 6 months of full delivery.
Page 3
Trustees. Report
Staiement ofTrn$tte5' Rupollslbilltl¢8
The tSlee$ Iwho are also the dirtctors of Nottingham Children, Yowjg Pe4>ple wjd Th¢ir Farnilkes Projcd Ijd
for the purwses of company lawl Hre responsible for prepHrins the trus¢¢es' Ter and the f1mCl statrments
ll) a¢Con1Ce with the United Kingdom Aollting Standards (uni Kin8dom fjenerally Acc*j
Accounting Practicel and applicable law and regulations. The tEWrt and a¢¢ouDts have t¢ctL
¢ordan¢e the provlsions in the Cornpanies Act 2006 Telatingw sma]l companies.
Company law r¢quires the trnst¢es w prepare financia] swements for each finHncial y¢8r. Un(kr law
tbe trustees tllU5t not approve the fitRnciaJ statements unless they are satisfied that dL¢y give atn and fair view
of the state of affaits of the chaTitsble company and of its i]k¢O]ning SOurceS and 4ppli¢*ion of rtr4)iwces
including its in¢4)m¢ and expendiluTe, for that p¢riod. Irt p¥eparing the$e financi sr8tements. the art
required to..
seled suttable accounting policies aDd apply them congi$*nt]y'
tsbrVe the rnet1 and principles in th¢ Charities SORP.
rne judgements and estimates that are ttasonable and prnden
stak whether applicable tJK Accourttujg Standards btve beert follow subject to any material dep
disclosed and eXPlned in the financial staktne]Jts," and
prepgr¢ th¢ finallciai ststements on the going concern unl¢ss it i$ inappropriate w presume thaÈ the
charitable company will continue in busujess.
The tSte¢S are pOnSIble for k¢eping adequate acc4)unting r¢¢ords that ar¢ 5uffi¢ient to sknw and explain the
¢hgritable wmpany'$ ttansactions and disclose with reasonable accuwy at any tune the financial position of the
charitabl¢ company aJ>d enable them lo ensure that the statements ci)tnply with the Compani¢s A
2006. They are 50 r¢8ponsibl¢ for sefeguarding the assets of the charitable comparty 8rtd hence for taking
teasollable st¢ps forth¢ preventiort atsd therfion of fraud and other irregularities.
Small companies provision statement
This report has prep in 8c¢ordgn¢¢ th¢ small wnpan5es T¢gime underthe CothpHni¢5 21JO6.
llje annu8] report Wgs 94)pJDved by dL¢trustees of the Clwity
. 8nd Sied on its b¢ht by".
Lisa Bamford
Tt<<
Pag¢ 4
## **Independent Examiner's Report to the trustees of Nottingham Children, Young People and Their Families Project Ltd**
## **Independent examiner’s report to the trustees of Nottingham Children, Young People and Their Families Project Ltd ('the Company')**
I report to the charity trustees on my examination of the accounts of the company for the year ended 30 September 2021.
## **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 re�uirements of the Companies Act 2006 ('the 2006 Act').
�aving satisfied myself that the accounts of the Company are not re�uired 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 that in any material respect:
1. accounting records were not �ept in respect of the Company as re�uired by section 386 of the 2006 Act�or
2. the accounts do not accord with those records�or
3. the accounts do not comply with the accounting re�uirements of section 396 of the 2006 Act other than any re�uirement that the accounts give a �true and fair' view which is not a matter considered as part of an independent examination�or
4. 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 �K 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.
......................................
- �ohn �'Brien �Sc, FCCA, FCIE, employee of Community Accounting Plus Fellow of the Association of Charity Independent Examiners
�nits 1 �2 North West 41 Talbot Street Nottingham NG1 5GL
4/2/2022 Date:.............................
Page 5
## **Statement of Financial Activities for the Year Ended 30 September 2021 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)**
|**Note**
**Unrestricted**
**£**
**Income and Endowments from:**
Donations and legacies
2
1,721
Charitable activities
3
1,658
Total income
3,379
**Expenditure on:**
Charitable activities
5
(2,032)
Total expenditure
(2,032)
Net income
1,347
Net movement in funds
1,347
**Reconciliation of funds**
Total funds brought forward
3,041
Total funds carried forward
8
4,388
The funds brea�down for the period is shown in note 8.
**Note**
**Income and Endowments from:**
Donations and legacies
2
Charitable activities
3
Total income
**Expenditure on:**
Charitable activities
5
Total expenditure
Net income
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
8|**Restricted**
**£**
-
23,416
23,416
(17,774)
(17,774)
5,642
5,642
14,607
20,249
**Unrestricted**
**funds**
**£**
1,650
-
1,650
(840)
(840)
810
810
2,231
3,041|**Total**
**2021**
**£**
1,721
25,074
26,795
(19,806)
(19,806)
6,989
6,989
17,648
24,637
**Restricted**
**funds**
**£**
-
8,755
8,755
(3,488)
(3,488)
5,267
5,267
9,340
14,607|**Total**
**2020**
**£**
1,650
8,755
10,405
(4,328)
(4,328)
6,077
6,077
11,571
17,648
**Total**
**2020**
**£**
1,650
8,755|
|---|---|---|---|
||||10,405|
||||(4,328)|
||||(4,328)|
||||6,077|
||||6,077
11,571|
||||17,648|
The notes on pages 8 to 14 form an integral part of these financial statements. Page 6
(Registration number: 05939049)
Balance Sheet as at 30 September 2O2ft
ztsii
2020
Note
Current i$sets
Debtors
CLsh at bgnk a] in hand
,755
9.733
20.778
25.477
18.488
Credltors: fall1Dgde withill one yeer
840
840
Net *wets
24.637
17.648
Fulld$ of the eh*rlty:
Rtstricted illeomt fund5
Restricted OJ]
20249
14.607
Unrtstrlcted Inwmt
Unr¢strict¢d funds
4.388
3.041
Totsl fund5
14.637
17.648
For the year ending 30 Septrmber 2021 the Charity was entitled to exemmion frotn audit und¢r Section
477 of the Companies Act 2006 relatUJ8 10 sma]l ¢ompani¢s.
Directors, re5>n5Eb1IIties'.
The members have not requittd the charity to obttin an audit of its a¢coun¢s f4x the y¢aT In question irt
a¢cordan¢e with s¢Nion 476- and
Th¢ directors acknowledge theiT res[sIbilitieS for ¢omplying tht requirements of the Act wlth ttspeci
to a¢(x)untin8 records the pwtion of accounts.
7he5e fi[131 statements have b¢¢n prepared in accord¢¢ with the special provisions rel&tin8 w wmpani¢s
subj¢¢t to th¢ small MpanIeS regim¢ within Part 15 of the Companies Att •006.
nciai statements on pg8¢5 6 to 14 w¢Te 8pproved by the sleeS. authori8ed for issue on
Trllstee
Th¢ M>te$ pw5 8 to l4 fonn an int¢gY81 part of these fjtwicial 5taicmettt$.
Page 7
## **Notes to the Financial Statements for the Year Ended 30 September 2021**
## **1 Accounting policies**
## **Summary of significant accounting policies and key accounting estimates**
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
## **Statement of compliance**
The financial statements have been prepared in accordance with 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 �K and Republic of Ireland (FRS 102)) (issued in �ctober 2019) - (Charities S�RP (FRS 102)), the Financial Reporting Standard applicable in the �K and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Basis of preparation**
Nottingham Children, Young People and Their Families Project 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 otherwise stated in the relevant accounting policy notes.
## **Going concern**
The financial statements have been prepared on a going concern basis.
The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees ma�e this assessment in respect of a period of one year from the date of approval of the financial statements.
## **Exemption from preparing a cash flow statement**
The charity opted to adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.
## **Income and endowments**
�oluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
## _**�onations and legacies**_
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that re�uire a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is re�uired and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset�s use. �ther support costs are allocated based on the spread of staff costs.
Page 8
## **Notes to the Financial Statements for the Year Ended 30 September 2021**
## _**�haritable activities**_
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for �K corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received 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 extent that such income or gains are applied exclusively to charitable purposes.
## **Tangible fixed assets**
Individual fixed assets costing £500 or more are initially recorded at cost, less any subse�uent accumulated depreciation and subse�uent accumulated impairment losses.
## **Trade debtors**
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subse�uently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
## **Cash and cash equivalents**
Cash and cash e�uivalents comprise cash on hand and call deposits, and other short-term highly li�uid investments that are readily convertible to a �nown amount of cash and are subject to an insignificant ris�of change in value.
## **Fund structure**
�nrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
Restricted income funds are those grants for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
Page 9
## **Notes to the Financial Statements for the Year Ended 30 September 2021**
## **2 Income from donations and legacies**
|Donations and legacies�
Donations from companies, trusts and similar
proceeds
**3**
**Income from charitable activities**
**Unrestricted**
**funds**
**General**
**£**
Grants �donations
-
Fees
1,658
1,658
**4**
**Grants & donations**
Awards for All
The National Lottery Connect Fund
National Lottery Places Called �ome Fund
People's Lottery Trust
Boots Charitable Trust
Sundry|**Unrestricted**
**funds**
**General**
**£**
1,721
1,721
**Restricted**
**funds**
**£**
23,416
-
23,416
**Unrestricted**
**funds**
**£**
-
-
-
-
-
1,721
1,721|**Total**
**2021**
**£**
1,721
1,721
**Total**
**2021**
**£**
23,416
1,658
25,074
**Restricted**
**funds**
**£**
8,600
1,800
3,577
4,740
4,699
-
23,416|**Total**
**2020**
**£**
1,650|
|---|---|---|---|
||||1,650|
||||**Total**
**2020**
**£**
8,755
-|
||||8,755|
||||**Total**
**£**
8,600
1,800
3,577
4,740
4,699
1,721|
||||25,137|
Page 10
## **Notes to the Financial Statements for the Year Ended 30 September 2021**
## **5 Expenditure on charitable activities**
|**Unrestricted**
**funds**
**General**
**£**
Wor�shops �youth wor�
-
Ban�charges
7
Insurance
185
Legal �professional
840
Rent �room hire
1,000
Arts grants
-
Sessional wor�ers �support
activities
-
2,032
**6**
**Debtors**
�ther debtors
**7**
**Creditors: amounts falling due within one year**
�ther creditors|**Restricted**
**funds**
**£**
17,774
-
-
-
-
-
-
17,774|**Total**
**2021**
**£**
17,774
7
185
840
1,000
-
-
19,806
**2021**
**£**
4,699
**2021**
**£**
840|**Total**
**2020**
**£**
-
-
-
840
-
400
3,088|
|---|---|---|---|
||||4,328|
||||**Total**
**expenditure**
**£**
**2020**
**£**
8,755|
||||**2020**
**£**
840|
Page 11
## **Notes to the Financial Statements for the Year Ended 30 September 2021**
## **8 Funds**
|**Unrestricted funds**
**_�eneral_**
General Fund
**Restricted funds**
Community Listening
The �erdict
Emotional Wellbeing
Places Called �ome
**Total restricted funds**
**Total funds**
**Unrestricted funds**
**_�eneral_**
General Fund
**Restricted**
Community Listening
The �erdict
**Total restricted funds**
**Total funds**|**Balance at 1**
**October 2020**
**£**
3,041
5,852
8,755
-
-
14,607
17,648
**Balance at 1**
**October 2019**
**£**
2,231
9,340
-
9,340
11,571|**Incoming**
**resources**
**£**
3,379
-
1,800
18,039
3,577
23,416
26,795
**Incoming**
**resources**
**£**
1,650
-
8,755
8,755
10,405|**Resources**
**expended**
**£**
(2,032)
(5,852)
(5,555)
(5,000)
(1,367)
(17,774)
(19,806)
**Resources**
**expended**
**£**
(840)
(3,488)
-
(3,488)
(4,328)|**Balance at 30**
**September**
**2021**
**£**
4,388
-
5,000
13,039
2,210|
|---|---|---|---|---|
|||||20,249|
|||||24,637|
|||||**Balance at 30**
**September**
**2020**
**£**
3,041
5,852
8,755|
|||||14,607|
|||||17,648|
Page 12
## **Notes to the Financial Statements for the Year Ended 30 September 2021**
The specific purposes for which the funds are to be applied are as follows:
The Community Listening Fund: Is for activities to develop young people's essential s�ills.
The �erdict is funded by The Police and Crime Commissioner Community Safety and �iolence Reduction �nit Fund this project wor�s with local young people, local community leaders and local artists to explore issues around �nife crime through film and spo�en word.
Emotional Well Being provides activities that improve the emotional wellbeing of young people for example through online connections and the use of the arts to address mental health.
Places Called �ome provides activities that involve people in their community as a positive, homely place to be and meet other people.
## **9 Analysis of net assets between funds**
|Current assets
Current liabilities
Total net assets
Current assets
Current liabilities
Total net assets|**Unrestricted**
**funds**
**General**
**£**
5,228
(840)
4,388
**Unrestricted**
**funds**
**General**
**£**
3,881
(840)
3,041|**Restricted**
**funds**
**£**
20,249
-
20,249
**Restricted**
**funds**
**£**
14,607
-
14,607|**Total funds at**
**30 September**
**2021**
**£**
25,477
(840)|
|---|---|---|---|
||||24,637|
||||**Total funds at**
**30 September**
**2020**
**£**
18,488
(840)|
||||17,648|
Page 13
## **Notes to the Financial Statements for the Year Ended 30 September 2021**
## **10 Trustees remuneration and expenses**
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
## **11 Related party transactions**
There were no related party transactions in the year.
## **12 Fees payable to independent examiner**
During the period, the fees payable (excluding �AT) to the charity�s independent examiner Community Accounting Plus are analysed as follows:
|Accounting Plus are analysed as follows:|||
|---|---|---|
|Independent examination|**2021**
**£**
700
700|**2020**
**£**
700|
|||700|
## **13 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
Page 14