REGISTERED COMPANY NUMBER: 06035517 (England and Wales) REGISTERED CHARITY NUMBER: 1121801
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
FOR
ALNWICK YOUNG PEOPLE'S ASSOCIATION LIMITED
Greaves Grindle Chartered Accountants Victoria House Bondgate Within Alnwick Northumberland NE66 1TA
ALNWICK YOUNG PEOPLE'S ASSOCIATION LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | to | 7 |
| Notes to the Financial Statements | 8 | to | 15 |
ALNWICK YOUNG PEOPLE'S ASSOCIATION LIMITED (REGISTERED NUMBER: 06035517)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
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 2025. 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 for the public benefit
The objectives of the charitable company are to provide a safe, supportive environment where young people can meet, socialise and discuss issues that concern them. To enhance young people's development into responsible adults and enable them to contribute to their community. To offer informal social education opportunities for young people.
Our Mission is:
Gallery Youth will help young people feel good about themselves and be valued by their community. We will deliver services and experiences that are safe and supportive.
ACHIEVEMENTS AND PERFORMANCE
Young people have presented many issues over the year. It is our role to listen to those young people, offer support, and challenge the injustice they often face when they try to enter the adult world that often rejects them for who they are. Being young has always been tough for some, yet, it still carries on. Education, support services and access to services for young people in market towns and rural areas have never been so sparse. Therefore, we need to rise to this challenge to ensure their voices are heard.
We continue to work in partnership with other agencies highlighting the issues that effect young people's lives, one of which is consulting with and feeding these back into the updated version of the Alnwick and Denwick Neighbourhood Plan. This includes what young people want to see in their town along with the lack of housing available to local young people, and young vulnerable people needing accommodation with appropriate support.
We continue to deliver and develop services that engage young people in activities that are fun, challenging and exciting, which will boost their confidence and self-esteem. We aim to create a wider understanding of the issues that affect them, enabling them to make more informed, healthier lifestyle choices.
We have supported young people through advice and information on benefits, budgeting, debt advice, employability issues, substance misuse, sexual health, gender identity, sexuality issues, housing and homelessness, disability issues as well as referrals for one to one specialist support.
In all it has been a very challenging year for Gallery Youth. As with many organisations the political and economical landscape continues to slide, often ignoring or not even recognising the services young people need. However, we look forward to the oncoming year and continue to support young people in Alnwick and the surrounding rural area.
FINANCIAL REVIEW
Internal and external factors
We are a project funded youth project; we have to raise funds on a project by project basis. We will continue to work towards a sustainable level of earned income by diversifying our income sources where possible to enable us to continue operating.
Reserves policy
At 31st March 2025, the charitable company's general fund had unrestricted net current assets of £27,364 (2024: net current liabilities of £5,903). The trustees aim to ensure that these reserves give the charitable company a sufficient financial buffer against any unforeseen expenditure or reduction in income.
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ALNWICK YOUNG PEOPLE'S ASSOCIATION LIMITED (REGISTERED NUMBER: 06035517)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Alnwick Young People's Association is a registered charity no 1121801, a Company Limited by Guarantee no. 06035517 and is administered and managed in accordance with its Memorandum and Articles of Association.
Recruitment and appointment of the management committee
The directors of the company are also the charity trustees for the purposes of charity law and under the company's Articles are known as members of the Management Committee.
Trustee induction and training
New trustees undergo an orientation period to brief them on their legal obligations under charity and company law, the content of the Memorandum and Articles of Association, the committee and decision-making processes, the business plan and the recent financial performance of the company with the assistance of an induction pack. The trustees meet key employees and other trustees during this period.
Trustees are encouraged to attend brief internal training sessions when required where these will facilitate the undertaking of their role.
Organisation
The board of trustees meet regularly to review the organisation, its results and discuss action required for the future. The Project Manager is entrusted with the day-to-day running of the company and is responsible for ensuring that the company delivers on its objectives.
Investment powers and policy
The trustees are able to invest and deal with the monies of the charitable company not immediately required in such manner as they may from time to time determine.
Aside from retaining a prudent amount in reserves each year most of the charitable company's funds are to be spent in the short term so there are few funds for long term investment. Funds are held in short-term deposit accounts.
Risk management
The trustees monitor the risks the charitable company is exposed to on an ongoing basis and discuss their concerns regularly when they meet. There is now a formal risk management policy in place; and this is available to the public upon request.
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ALNWICK YOUNG PEOPLE'S ASSOCIATION LIMITED (REGISTERED NUMBER: 06035517)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
REFERENCE AND ADMINISTRATIVE DETAILS
This company is also known as The Gallery Youth Project.
Registered Company Number
06035517 (England and Wales)
Registered Charity Number 1121801
Registered Office
Rear of 39 Bondgate Within Alnwick Northumberland NE66 1SX
Trustees and Executive Committee Members
Henry Playle (Chair) Graham Lockwood Rothbury & Coquetdale Young People's Project Frank Lyford (Resigned December 2024) David Archer (Resigned September 2025) Lynda Wearn Senior Management Ian McRae Project Manager
| Bankers | Independent Examiner |
|---|---|
| Lloyds Bank plc | Jane Harvey F.C.A. |
| 24 Bondgate Within | Greaves Grindle, Chartered Accountants |
| Alnwick | Victoria House, Bondgate Within |
| Northumberland NE66 1TD | Alnwick, Northumberland NE66 1TA |
Our Contact Details:
Web: www.galleryyouthproject.org Email: gallerydropout@btinternet.com Telephone: 01665 605846
The title to the property, Rear of 39 Bondgate Within, is currently held in trust for the company by Anne McPhun and Graeme Knox who are previous trustees to the company. We are in the process of updating the title deeds.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 8 December 2025 and signed on its behalf by:
H Playle - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ALNWICK YOUNG PEOPLE'S ASSOCIATION LIMITED
Independent examiner's report to the trustees of Alnwick Young People's Association Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.
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
-
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.
Jane Harvey F.C.A.
Greaves Grindle Chartered Accountants Victoria House Bondgate Within Alnwick Northumberland NE66 1TA
19 December 2025
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ALNWICK YOUNG PEOPLE'S ASSOCIATION LIMITED
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 110,251 Investment income 2 90 Other income 2,100 Total 112,441 EXPENDITURE ON Raising funds 20,326 Charitable activities Gallery Youth Project 58,889 Total 79,215 NET INCOME/(EXPENDITURE) 33,226 RECONCILIATION OF FUNDS Total funds brought forward (5,640) TOTAL FUNDS CARRIED FORWARD 27,586 |
Restricted funds £ 19,129 - - 19,129 - 16,209 16,209 2,920 21,103 24,023 |
2025 Total funds £ 129,380 90 2,100 131,570 20,326 75,098 95,424 36,146 15,463 51,609 |
2024 Total funds £ 53,998 - 2,058 56,056 18,724 72,900 91,624 (35,568) 51,031 15,463 |
|---|---|---|---|
The notes form part of these financial statements
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ALNWICK YOUNG PEOPLE'S ASSOCIATION LIMITED (REGISTERED NUMBER: 06035517)
BALANCE SHEET 31 MARCH 2025
| Unrestricted Restricted funds funds Notes £ £ FIXED ASSETS Tangible assets 8 222 14,988 CURRENT ASSETS Cash at bank and in hand 29,696 9,035 CREDITORS Amounts falling due within one year 9 (2,332) - NET CURRENT ASSETS 27,364 9,035 TOTAL ASSETS LESS CURRENT LIABILITIES 27,586 24,023 NET ASSETS 27,586 24,023 FUNDS 11 Unrestricted funds Restricted funds TOTAL FUNDS |
2025 Total funds £ 15,210 38,731 (2,332) 36,399 51,609 51,609 27,586 24,023 51,609 |
2024 Total funds £ 21,366 122 (6,025) (5,903) 15,463 15,463 (5,640) 21,103 15,463 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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
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continued...
ALNWICK YOUNG PEOPLE'S ASSOCIATION LIMITED (REGISTERED NUMBER: 06035517)
BALANCE SHEET - continued 31 MARCH 2025
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 8 December 2025 and were signed on its behalf by:
H Playle - Trustee
L Wearn - Trustee
The notes form part of these financial statements
Page 7
ALNWICK YOUNG PEOPLE'S ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
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 equipment - 15% on reducing balance Fixtures and fittings - 15% on reducing balance Computer equipment - 50% on reducing balance
Items of equipment are capitalised where the purchase price exceeds £250.
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.
Designated funds are unrestricted funds earmarked by directors for a particular purpose.
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.
continued...
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ALNWICK YOUNG PEOPLE'S ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
1. ACCOUNTING POLICIES - continued
Basic financial instruments
The charity 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.
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash at bank and in hand
Cash at bank and cash 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.
Creditors
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
2.
3.
INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Bank interest receivable | 90 | - |
| NET INCOME/(EXPENDITURE) | ||
| Net income/(expenditure) is stated after charging/(crediting): | ||
| 2025 | 2024 | |
| £ | £ | |
| Depreciation - owned assets | 6,156 | 6,248 |
| Independent Examiner's fee | 880 | 800 |
| Other accounting services fees | 1,165 | 1,060 |
4.
TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
continued...
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ALNWICK YOUNG PEOPLE'S ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
5. STAFF COSTS
The remuneration of senior management in the year amounted to £43,935.
The average number of employees during the year was 3 (2024: 4).
No employees received emoluments in excess of £60,000.
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted Restricted funds funds £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 45,198 8,800 Other income 2,058 - Total 47,256 8,800 EXPENDITURE ON Raising funds 18,724 - Charitable activities Gallery Youth Project 52,904 19,996 Total 71,628 19,996 NET INCOME/(EXPENDITURE) (24,372) (11,196) Transfers between funds 1,326 (1,326) Net movement in funds (23,046) (12,522) RECONCILIATION OF FUNDS Total funds brought forward 17,406 33,625 TOTAL FUNDS CARRIED FORWARD (5,640) 21,103 |
Total funds £ 53,998 2,058 56,056 18,724 72,900 91,624 (35,568) - (35,568) 51,031 15,463 |
|---|---|
continued...
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ALNWICK YOUNG PEOPLE'S ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
7. VOLUNTARY INCOME
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Local government grants | 1,584 | 33,200 |
| Grants and donations from charitable foundations: | ||
| National Lottery | 83,000 | - |
| Community Foundation | 9,500 | 7,600 |
| Story Homes | 10,000 | - |
| The Barbour Foundation | 5,000 | 5,000 |
| The Joicey Trust | 2,500 | - |
| Netherton Park | 9,000 | - |
| Willan Charitable Trust | 7,500 | - |
| Keyfund | 244 | - |
| Wiggin Charitable Foundation | - | 5,000 |
| St Hilda's Trust | - | 3,000 |
| Other Donations | 1,053 | 198 |
| 129,381 | 53,998 | |
8.
TANGIBLE FIXED ASSETS
| COST At 1 April 2024 and 31 March 2025 DEPRECIATION At 1 April 2024 Charge for year At 31 March 2025 NET BOOK VALUE At 31 March 2025 At 31 March 2024 |
Freehold property £ 173,644 155,517 5,664 161,181 12,463 18,127 |
Plant and equipment £ 5,106 2,370 411 2,781 2,325 2,736 |
Fixtures and fittings £ 8,510 8,020 75 8,095 415 490 |
Computer equipment £ 6,414 6,401 6 6,407 7 13 |
Totals £ 193,674 |
|---|---|---|---|---|---|
| 172,308 6,156 |
|||||
| 178,464 | |||||
| 15,210 | |||||
| 21,366 |
continued...
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ALNWICK YOUNG PEOPLE'S ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE | YEAR | ||
|---|---|---|---|
| 2025 | 2024 | ||
| £ | £ | ||
| Bank loans and overdrafts (see note 10) | - | 1,283 | |
| Social security and other taxes | - | 1,282 | |
| Accrued expenses | 2,332 | 3,460 | |
| 2,332 | 6,025 | ||
| LOANS | |||
| An analysis of the maturity of loans is given below: | |||
| 2025 | 2024 | ||
| £ | £ | ||
| Amounts falling due within one year on demand: | |||
| Bank overdrafts | - | 1,283 | |
| MOVEMENT IN FUNDS | |||
| Net | |||
| movement | At | ||
| At 1.4.24 | in funds | 31.3.25 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | (5,640) | 33,226 | 27,586 |
| Restricted funds | |||
| Property | 18,127 | (5,664) | 12,463 |
| Housing Project | 7 | (1) | 6 |
| Change Makers YOF | 20 | (3) | 17 |
| Big Lottery Fund - Capital | 209 | (34) | 175 |
| Community Chest Capital Grant | 4 | 1,033 | 1,037 |
| Bike Track | 2,736 | 7,589 | 10,325 |
| 21,103 | 2,920 | 24,023 | |
| TOTAL FUNDS | 15,463 | 36,146 | 51,609 |
10. LOANS
11. MOVEMENT IN FUNDS
continued...
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ALNWICK YOUNG PEOPLE'S ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
11. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Property Housing Project Keyfund Change Makers YOF Big Lottery Fund - Capital Community Chest Capital Grant Bike Track Holiday Action Fund Willan Charitable Trust C-Card fund TOTAL FUNDS Comparatives for movement in funds |
Incoming resources £ 112,441 1 - 244 - - 1,035 8,000 2,349 7,500 19,129 131,570 |
Resources Movement expended in funds £ £ (79,215) 33,226 (5,665) (5,664) (1) (1) (244) - (3) (3) (34) (34) (2) 1,033 (411) 7,589 (2,349) - (7,500) - (16,209) 2,920 (95,424) 36,146 |
|---|---|---|
| Net | Transfers | |||
|---|---|---|---|---|
| movement | between | At | ||
| At 1.4.23 | in funds | funds | 31.3.24 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 17,406 | (24,372) | 1,326 | (5,640) |
| Restricted funds | ||||
| Property | 23,792 | (5,665) | - | 18,127 |
| Housing Project | 8 | (1) | - | 7 |
| Change Makers YOF | 24 | (4) | - | 20 |
| Big Lottery Fund - Capital | 248 | (39) | - | 209 |
| Community Allotment | 1,326 | - | (1,326) | - |
| Community Chest Capital Grant | 8 | (4) | - | 4 |
| Bike Track | 3,219 | (483) | - | 2,736 |
| St Hilda's Trust | 5,000 | (5,000) | - | - |
| 33,625 | (11,196) | (1,326) | 21,103 | |
| TOTAL FUNDS | 51,031 | (35,568) | - | 15,463 |
continued...
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ALNWICK YOUNG PEOPLE'S ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
11. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 47,256 | (71,628) | (24,372) |
| Restricted funds | |||
| Property | - | (5,665) | (5,665) |
| Housing Project | - | (1) | (1) |
| Change Makers YOF | - | (4) | (4) |
| Big Lottery Fund - Capital | - | (39) | (39) |
| Community Chest Capital Grant | - | (4) | (4) |
| Bike Track | - | (483) | (483) |
| St Hilda's Trust | 3,000 | (8,000) | (5,000) |
| Holiday Action Fund | 5,800 | (5,800) | - |
| 8,800 | (19,996) | (11,196) | |
| TOTAL FUNDS | 56,056 | (91,624) | (35,568) |
Restricted funds
Property:
This represents the net book value of the property. The fund balance reduces by the annual depreciation charge.
Other restricted funds:
Funds received from the National Lottery and other trusts enable the company to meet its objectives of supporting the young people of Alnwick.
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
continued...
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ALNWICK YOUNG PEOPLE'S ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
13. ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Fixed assets |
Current assets |
Current liabilities |
Total 2025 |
Total 2024 |
|
|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | |
| Unrestricted funds | |||||
| General fund | 222 | 29,696 | (2,332) | 27,586 | (5,640) |
| Total unrestricted funds | 222 | 29,696 | (2,332) | 27,586 | (5,640) |
| Restricted funds | |||||
| Property | 12,463 | - | - | 12,463 | 18,127 |
| Housing Project | 6 | - | - | 6 | 7 |
| Change Makers YOF | 17 | - | - | 17 | 20 |
| Big Lottery Fund - Capital | 175 | - | - | 175 | 209 |
| Community Chest Capital Grant | 2 | 1,035 | - | 1,037 | 4 |
| Bike Track | 2,325 | 8,000 | - | 10,325 | 2,736 |
| Total restricted funds | 14,988 | 9,035 | - | 24,023 | 21,103 |
| Total funds | 15,210 | 38,731 | (2,332) | 51,609 | 15,463 |
14. GOING CONCERN
Income and expenditure are monitored on a regular basis and action taken where necessary. The trustees will continue to monitor the position to safeguard the future of the charity and believe that the going concern basis is applicable to these accounts.
15. LIMITED BY GUARANTEE
Alnwick Young People's Association Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is Rear of 39 Bondgate Within, Alnwick, Northumberland NE66 1SX.
The company has no share capital and in the event of being wound up, the liability in respect of the guarantee is limited to no more than £1 per member.
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