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2022-10-31-accounts

Registered number: 05980010 Charity number: 1120565

HALL GREEN YOUTH (A company limited by guarantee)

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2022

HALL GREEN YOUTH (A company limited by guarantee)

CONTENTS

Page
Reference and administrative details of the company, its Trustees and advisers 1
Trustees' report 2 - 5
Trustees' responsibilities statement 6
Independent examiner's report 7
Statement of financial activities 8
Balance sheet 9 - 10
Notes to the financial statements 11 - 22

HALL GREEN YOUTH (A company limited by guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 OCTOBER 2022

Trustees

Mrs Sarah Jane Barnes, Secretary Mr Paul Steven Ashby Rev Canon Martin Stephenson, Chair Ms Jyoti Minhas Dr David John Andrews Mr Andrew James Spruce Mr Keith Rodney Ebourne, Treasurer Ms Jodie Natasha Brown

Company registered number

05980010

Charity registered number

1120565

Registered office

29 Radbourne Road Shirley Solihull West Midlands B90 3RT

Company secretary

Mrs Sarah Jane Barnes

Accountants

JMS Accountants Ltd 172 Lawnswood Road Stourbridge DY8 5LW

Page 1

HALL GREEN YOUTH (A company limited by guarantee)

TRUSTEES' REPORT FOR THE YEAR ENDED 31 OCTOBER 2022

The Trustees present their annual report together with the financial statements of the Hall Green Youth for the 1 November 2021 to 31 October 2022. 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 statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).

Since the company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.

Overview

Hall Green Youth was formed in 2006 by the 3 Anglican Churches in Hall Green (St Michaels, St Peters, and the Ascension) to connect with and meet needs of young people. It has also received encouragement and financial support throughout from Christchurch Hall Green (formerly Hall Green Baptist Church) and through Churches Together in Hall Green.

Our emphasis is on developing relationships with young people and between them and others in their communities which cross barriers of age, faith, race and background. In particular, we help to build young people’s emotional wellbeing by providing space where they can talk honestly and openly about themselves and feel safe and heard.

In 2021, we re-evaluated how we can best support young people, taking into consideration the effects of the pandemic. In doing this, we engaged with young people that we previously worked with, pastoral staff at the two local secondary schools, the Hall Green Families early help network, churches, and other community organisations. The overwhelming feedback was that the Covid Pandemic has negatively affected many young people’s support networks and emotional wellbeing and that there is a great need for support for young people's emotional wellbeing and mental health going forward.

2022 was a pleasing year of growth and progress in responding to this need. Overall, we supported 40 young people who are vulnerable and / or have additional needs with their mental health and helped them to build constructive social networks. This was around double the number that we supported in 2021, as schools returned to a more normal footing after the restrictions imposed by the Covid pandemic and due to growth in the ‘Just Chill’ youth support group.

Activities in 2022

Work in Schools

We continue to provide weekly 1-to-1 mentoring for 13 young people with emotional, social and mental health needs identified by pastoral staff in Hall Green Secondary School.

We regularly evaluate how this is going and young people tell us that they find it valuable to have someone to listen and the space to talk and express their feelings. Pastoral staff also tell us they notice the positive impact of the support on the young people’s mood, attendance, and behaviour.

In December 2021, we were also invited back into Ninestiles School to restart a ‘Just Us Girls’ Afterschool club for identified vulnerable girls. This has benefited 6 young people but currently needs revitalizing after several young people who previously benefited left the school. We have asked our liaison person at the school to identify more young people who would benefit from this group.

Page 2

HALL GREEN YOUTH (A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2022

Just Chill

We have continued to run ‘Just Chill’ as an invited support group once a week in term time throughout 2022 and, with the aid of 2 dedicated volunteer leaders in addition to 2 paid youth workers, we have been able to grow numbers from 9 in the spring and summer to 17 registered in the autumn term (13 attending consistently).

This group continues to attract young people who have extra needs, including Autism, ADHD, Learning difficulties, Speech impediments, Motor issues, Dyspraxia and mental health struggles. These sessions enable these young people to build their confidence, social skills, and networks by interacting with their peers in a positive environment. The move to an invited group has enabled us to develop deeper relationships with the members of the group and provide them with more targeted support through discussion and activities.

Feedback from the young people, local schools and community organisations indicates that ‘Just Chill’ is making a real difference to the confidence and self-esteem of the participating young people.

A Case Study

The positive impact of our work on young people can also be illustrated by a case study.

K receives mentoring sessions at Hall Green Secondary School, having been referred to us through the school’s welfare and inclusion team.

Before we started mentoring K, we were given some information about him. Concerns included:

At first K wasn’t in a great place, he was struggling with many issues. With Pathological Demand Avoidance, K struggles to be told what to do and because he had no energy, K would get into trouble. The work we did with K included:

K benefits greatly from his mentoring sessions, and on one occasion has said before that he wasn’t going to come to school, but realised it was mentoring. K tries because he values the time he has to offload and receive support on his terms.

The mentor working with K has shared that he seems more enthusiastic about life in general over time. K now has a paper round and is sleeping more at night, playing his games less and getting up on time, and sleeping less at school, and is now eating daily.

K’s motivation has begun to increase, and he talks about the future and how he hopes it will be. K still benefits from ongoing mentoring support.

Our People

Luke Boulton and Katrina Matthews-Boulton have continued to build positive relationships with young people and

Page 3

HALL GREEN YOUTH (A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2022

deliver activities to help develop their confidence and self-esteem and we would like to record our thanks to them for their skills and commitment. Congratulations to them on the birth of baby Myra in February 2022. We’d also like to thank Mercy Levett who covered some of Katrina’s hours while she was on maternity leave.

A particular success in 2022 was expanding the number of young people that we were able to work with through volunteers. We now have two regular volunteer leaders and two other volunteers for the ‘Just Chill’ youth club while the mentoring work at Hall Green Secondary School benefited from the services of another skilled volunteer, Torzi.

In October 2022, the Board agreed to pay Torzi to provide 6 hours of mentoring support a week for the rest of the 2022/23 academic year.

Financial Review

In 2022, Hall Green Youth had a total income of £41,116, including income of £4,000 carried forward from the previous year. Most of this income consisted of grants from charitable trusts / foundations including Garfield Weston Charitable Trust, National Lottery Community Fund, Roger & Douglas Turner Trust, and the Eveson Trust.

In addition, funding support from our Church sponsors totalled £5,300.

Total resources expended in 2022 was £37,762 compared with £34,335 in 2022. The increase was largely because of increased staff costs. Trustees took decisions to increase the youth worker salaries by 3% in both April and October 2022 in recognition of cost-of-living pressures.

In total, income exceeded expenditure by £3,354 which had the effect of increasing the total funds available to us at 31.10.22 to £28,410.

At 31.10.22, our reserves were equivalent to 12 months expenditure, more than the 3 - 6 months minimum requirement in our reserves policy.

We will continue with a funding strategy of seeking small grants from several funders as the diversity of our funding base helps us to remain financially viable, but we will keep the funders we apply to under review as we make decisions about future activities.

The Future

In 2023, we want to continue to support young people's emotional wellbeing. In addition to continuing all the activities described above, we also want to explore offering mentoring in the community.

As we continue to mentor in Hall Green School, we have noticed a growing need for mentoring in the community. Almost all our Ninestiles group and some who attend Just Chill would want mentoring, and we have year 11’s at Hall Green School who would benefit from mentoring after they finish school.

The local library has a community room which they offer to community groups for free which could be a potential space used for mentoring in the future.

Structure, Governance and Management

Hall Green Youth is registered as a charitable company limited by guarantee and was set up by Memorandum of Association. It has no share capital and is a registered charity. The guarantee of each member is £1.

The management of the company is the responsibility of the Trustees who are elected and co-opted under the terms of the Memorandum of Association.

Page 4

HALL GREEN YOUTH (A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2022

Approved by order of the members of the board of Trustees on 18 April 2023 and signed on their behalf by:

Rev Canon Martin Stephenson Chair

Mrs Sarah Jane Barnes Secretary

Page 5

HALL GREEN YOUTH (A company limited by guarantee)

STATEMENT OF TRUSTEES' RESPONSIBILITIES FOR THE YEAR ENDED 31 OCTOBER 2022

The Trustees (who are also the directors of the company for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the members of the board of Trustees on 18 April 2023 and signed on its behalf by:

Rev Canon Martin Stephenson Chair

Mrs Sarah Jane Barnes Secretary

Page 6

HALL GREEN YOUTH (A company limited by guarantee)

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 OCTOBER 2022

Independent examiner's report to the Trustees of Hall Green Youth ('the company')

I report to the charity Trustees on my examination of the accounts of the company for the year ended 31 October 2022.

Responsibilities and basis of report

As the Trustees of the company (and 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 the company's accounts 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:

  1. 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

  3. 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

  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 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.

This report is made solely to the company's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the company's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and the company's Trustees as a body, for my work or for this report.

Signed: Dated: 18 April 2023 Melissa Smith MAAT CIMA dip MA

172 Lawnswood Road, Stourbridge DY8 5LW

Page 7

HALL GREEN YOUTH (A company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 OCTOBER 2022

Note
Income from:
Donations and legacies
3
Charitable activities
4
Investments
6
Other income
7
Total income
Expenditure on:
Charitable activities
Total expenditure
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward
Unrestricted
funds
2022
£
426
18,800
4
-
19,230
15,876
15,876
3,354
25,056
3,354
28,410
Restricted
funds
2022
£
-
21,886
-
-
21,886
21,886
21,886
-
-
-
-
Total
funds
2022
£
426
40,686
4
-
41,116
37,762
37,762
3,354
25,056
3,354
28,410
Total
funds
2021
£
-
28,701
-
3,050
31,751
34,335
34,335
(2,584)
27,640
(2,584)
25,056

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 11 to 22 form part of these financial statements.

Page 8

(A company limited by guarantee) REGISTERED NUMBER: 05980010

HALL GREEN YOUTH

BALANCE SHEET AS AT 31 OCTOBER 2022

Note
Fixed assets
Tangible assets
12
Current assets
Cash at bank and in hand
Creditors: amounts falling due within one
year
13
Net current assets
Total assets less current liabilities
Net assets excluding pension asset
Total net assets
Charity funds
Restricted funds
15
Unrestricted funds
15
Total funds
30,876
30,876
(2,628)
2022
£
162
162
28,248
28,410
28,410
28,410
-
28,410
28,410
29,245
29,245
(4,507)
2021
£
318
318
24,738
25,056
25,056
25,056
-
25,056
25,056

Page 9

HALL GREEN YOUTH

(A company limited by guarantee) REGISTERED NUMBER: 05980010

BALANCE SHEET (CONTINUED) AS AT 31 OCTOBER 2022

The company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

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

The financial statements were approved and authorised for issue by the Trustees on 18 April 2023 and signed on their behalf by:

Rev Canon Martin Stephenson Chair

Mrs Sarah Jane Barnes Secretary

The notes on pages 11 to 22 form part of these financial statements.

Page 10

HALL GREEN YOUTH (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2022

1. General information

Hall Green Youth is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association. The registered address is 29 Radbourne Road, Shirley, Solihull, West Midlands B90 3RT.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements 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 2015), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Hall Green Youth 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.

2.2 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.

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.

2.3 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the company's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

2.4 Interest receivable

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 institution with whom the funds are deposited.

Page 11

HALL GREEN YOUTH (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2022

2. Accounting policies (continued)

2.5 Tangible fixed assets and depreciation

Tangible fixed assets costing £NIL or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment 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, .

Depreciation is provided on the following basis:

2.6 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.7 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the company anticipates it will pay to settle 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 settle 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 at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

2.8 Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

Page 12

HALL GREEN YOUTH (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2022

2. Accounting policies (continued)

2.9 Fund accounting

General funds are unrestricted 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.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

3. Income from donations and legacies

Unrestricted Total Total
funds funds funds
2022 2022 2021
£ £ £
Donations 426 426 -

4. Income from charitable activities

Unrestricted
funds
2022
£
Grants and donations
18,800
Total 2021
20,800
Restricted
funds
2022
£
21,886
7,901
Total
funds
2022
£
40,686
28,701
Total
funds
2021
£
28,701

Page 13

HALL GREEN YOUTH (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2022

5. Grants Received

Unrestricted
funds
2022
Restricted
funds
2022
£
£
Grants and donations
5,300
-
Baron Davenport
-
1,000
Heart of England
2,000
4,000
National Express
-
5,000
Eveson Charitable Trust
-
4,000
The National Lottery Community Fund
-
-
Roger & Douglas
3,000
-
Yardley Great Trust
-
-
Garfield Weston
5,000
-
Grantham Yorke
3,500
-
National Lottery
-
7,886
18,800
21,886
Total 2021
20,800
7,901
6.
Investment income
Unrestricted
funds
2022
£
Investment income
4
Total
funds
2022
£
5,300
1,000
6,000
5,000
4,000
-
3,000
-
5,000
3,500
7,886
40,686
28,701
Total
funds
2022
£
4
Total
funds
2021
£
5,300
800
-
-
3,000
4,101
3,000
7,500
5,000
-
-
28,701
Total
funds
2021
£
-

Page 14

HALL GREEN YOUTH (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2022

7. Other incoming resources

HMRC JRS Grant
Total 2021
Unrestricted
funds
2022
£
-
3,050
Total
funds
2022
£
-
3,050
Total
funds
2021
£
3,050

8. Analysis of expenditure by activities

Grants and donations
Heart of Engalnd
Baron Davenport
National Express
The Eveson Charitable Trust
The National Lottery Community Fund
Total 2021
Activities
undertaken
directly
2022
£
15,076
3,910
1,000
4,788
4,000
7,886
36,660
33,283
Support
costs
2022
£
800
90
-
212
-
-
1,102
1,052
Total
funds
2022
£
15,876
4,000
1,000
5,000
4,000
7,886
37,762
34,335
Total
funds
2021
£
26,434
-
800
-
3,000
4,101
34,335

Page 15

HALL GREEN YOUTH (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2022

8. Analysis of expenditure by activities (continued)

Analysis of direct costs

Staff costs
Youth workers expenses
Mentoring fees
Room Hire
Total 2021
Staff costs
Youth workers expenses
Mentoring fees
Room Hire
Total 2021
Grants and
donations
2022
£
13,332
1,306
240
198
15,076
25,382
Heart of
England
2022
£
3,600
-
-
310
3,910
-
Baron
Davenport
2022
£
920
80
-
-
1,000
800
The
National
Lottery
Community
Fund
2022
£
7,586
300
-
-
7,886
4,101
National
Express
2022
£
3,773
340
-
675
4,788
-
Total
funds
2022
£
32,861
2,376
240
1,183
36,660
33,283
The Eveson
Charitable
Trust
2022
£
3,650
350
-
-
4,000
3,000
Total
funds
2021
£
31,131
491
390
1,271
33,283

Page 16

HALL GREEN YOUTH (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2022

8. Analysis of expenditure by activities (continued)

Analysis of support costs

Grants and
donations
2022
Measures
Trust
2022
National
Express
2022
£
£
£
Depreciation
156
-
-
Insurance
340
90
212
Administration costs
51
-
-
Governance
13
-
-
Independent examination
240
-
-
800
90
212
Total 2021
1,052
-
-
9.
Independent examiner's remuneration
Fees payable to the company's independent examiner for the independent
examination of the company's annual accounts
10.
Staff costs
Wages and salaries
Total
funds
2022
£
156
642
51
13
240
1,102
1,052
2022
£
240
2022
£
32,861
32,861
Total
funds
2021
£
156
603
80
13
200
1,052
2021
£
200
2021
£
31,131
31,131

Page 17

HALL GREEN YOUTH (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2022

10. Staff costs (continued)

The average number of persons employed by the company during the year was as follows:

Youth worker
Youth worker assistant
2022
No.
1
1
2
2021
No.
1
1
2

No employee received remuneration amounting to more than £60,000 in either year.

11. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2021 - £NIL).

During the year ended 31 October 2022, no Trustee expenses have been incurred (2021 - £NIL).

12. Tangible fixed assets

Cost or valuation
At 1 November 2021
At 31 October 2022
Depreciation
At 1 November 2021
Charge for the year
At 31 October 2022
Net book value
At 31 October 2022
At 31 October 2021
Office
equipment
£
1,518
1,518
1,200
156
1,356
162
318

Page 18

HALL GREEN YOUTH (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2022

12. Tangible fixed assets (continued)

13. Creditors: Amounts falling due within one year

2022 2021
£ £
Accruals and deferred income 2,628 4,507

14. Financial instruments

2022 2021
£ £
Financial assets
Financial assets measured at fair value through income and expenditure 30,876 29,245

Financial assets measured at fair value through income and expenditure comprise of assets held for trading and those financial assets designated as being held at fair value through profit and loss.

Page 19

HALL GREEN YOUTH (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2022

15. Statement of funds

Statement of funds - current year

Unrestricted funds
General Funds - all funds
Restricted funds
Restricted Funds - all funds
Total of funds
Balance at 1
November
2021
£
25,056
-
25,056
Income
£
19,230
21,886
41,116
Expenditure
£
(15,876)
(21,886)
(37,762)
Balance at
31 October
2022
£
28,410
-
28,410

Page 20

HALL GREEN YOUTH (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2022

15. Statement of funds (continued)

Statement of funds - prior year

Unrestricted funds
General Funds - all funds
Restricted funds
Restricted Funds - all funds
Total of funds
Balance at
1 November
2020
£
27,640
-
27,640
Income
£
23,850
7,901
31,751
Expenditure
£
(26,434)
(7,901)
(34,335)
Balance at
31 October
2021
£
25,056
-
25,056
  1. Summary of funds

Summary of funds - current year

General funds
Restricted funds
Summary of funds - prior year
General funds
Restricted funds
Balance at 1
November
2021
£
25,056
-
25,056
Balance at
1 November
2020
£
27,640
-
27,640
Income
£
19,230
21,886
41,116
Income
£
23,850
7,901
31,751
Expenditure
£
(15,876)
(21,886)
(37,762)
Expenditure
£
(26,434)
(7,901)
(34,335)
Balance at
31 October
2022
£
28,410
-
28,410
Balance at
31 October
2021
£
25,056
-
25,056

Page 21

HALL GREEN YOUTH (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2022

17. Analysis of net assets between funds

Analysis of net assets between funds - current year

Unrestricted
funds
2022
£
Tangible fixed assets
162
Current assets
30,876
Creditors due within one year
(2,628)
Total
28,410
Total
funds
2022
£
162
30,876
(2,628)
28,410

Analysis of net assets between funds - prior year

Tangible fixed assets
Current assets
Creditors due within one year
Total
Unrestricted
funds
2021
£
318
29,245
(4,507)
25,056
Total
funds
2021
£
318
29,245
(4,507)
25,056

Page 22