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2021-03-31-accounts

Company number: 6486517 Charity Number: 1125563

Youth Focus North West Limited

Report and financial statements For the year ended 31st March 2021

Youth Focus North West Limited

Reference and administrative information

for the year ended 31st March 2021

Company number 6486517 Charity number 1125563

Registered office and operational address Unit 6B, Micklehead Business Village

St Michaels Road St Helens Merseyside WA9 4YU

Trustees Trustees, who are also directors under company law, who served during the year and up to the date of this report were as follows:

Tony McGee Chair (up to October 2020)
Bernard Booth Treasurer (to October 2020) Chair (from October 2020)
Tracey Walsh
Nicola Parker
Sue Lomas
Aiden Ray
William Adams Treasurer (from October 2020)
Iqra Ali
Colin Scicluna
Sally Carr (appointed 16 January 2021)
James Cooke (appointed 24 April 2021)
Andrew Mycock (appointed 16 January 2021)
Rajesh Patel (appointed 16 January 2021)

Trustees who held title to property belonging to the charity during the reporting period or at the date of approval were:

Key management Stuart Dunne Chief Executive

personnel

Bankers Co–operative Bank 12-14 Old Market Place Warrington WA1 1BQ

Independent Jennifer Daniel FCCA DChA Slade & Cooper Limited examiner Beehive Mill, Jersey Street, Manchester, M4 6JG

1

Youth Focus North West Limited

Trustees’ annual report

for the year ended 31st March 2021

The trustees present their report and the unaudited financial statements for the year ended 31st March 2021.

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.

Objectives and activities

‘The advancement of the education of young people and those who work with young people in the North West of England so that said young people may develop their personal, social, physical and spiritual capacities, achieve their potential and find their place as active members of their communities and society as a whole.’

We have referred to the guidance contained in the Charity’s Commission general guidance on public benefit when reviewing our aim and objectives and in planning our activities. The trustees have considered how the activities will contribute to the aims and objectives of the charity.

Our Vision:

To improve the lives of young people in the North West of England

Our Mission:

To help young people realise their potential and become active citizens.

Our Aims:

To support the effectiveness, efficiency, quality and relevance of youth work across the region.

To support services working with young people to maximise young peoples’ opportunities for personal and social development and help them make a successful transition to adult life and citizenship.

The trustees review the aims, objectives and activities of the charity each year. This report looks at what the charity has achieved and the outcomes of its work in the reporting period. The trustees report the success of each key activity and the benefits the charity has brought to those groups of people that it is set up to help. The review also helps the trustees ensure the charity's aims, objectives and activities remained focused on its stated purposes.

The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning its future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives that have been set.

A strategic plan for the next 5 years is currently being developed.

2

Youth Focus North West Limited

Trustees’ annual report

for the year ended 31st March 2021

Achievements and performance

The global pandemic and the lockdown from March 2020 created challenges for the sector and young people. Youth Focus NW reacted quickly and transferred all the services online within weeks, continuing to support and provide opportunities (digitally) for young people.

During 20/21 one major achievement was the development of a new website and an increase in social media activity. Communications has been identified as an area for improvement and as such as we have recruited a Communications Manager to start in September 2021.

At March 21 our staff team was as follows:

The charity's main activities and who it tries to help are described below. All its charitable activities focus on education and engagement and are undertaken to further Youth Focus North West Limited’s charitable purposes for the public benefit.

Youth Focus North West (YFNW) is an organisation with strong youth work roots. We work in partnership with young people and organisations to have a voice where it counts. Our youth voice work gives young people the opportunities to make a difference individually, locally, regionally and nationally. We nurture youth work practice and we create networks, broker partnerships and open up opportunities for young people and organisations to work together.

We improve young people’s lives through Youth Work. The work of YFNW falls naturally into three strands:

  1. We work with young people to have a voice and we work with organisations and services who want to give young people a voice. – DELIVER

  2. We continue to coordinate the Greater Manchester Youth Combined Authority on behalf of the GMCA, with 20 organisations represented by 40 young people attending 10 meetings a year plus additional events and opportunities.

  3. We continue to coordination the Cooperative Foundations Youth Advisory Board where young people can influence where funding is awarded.

  4. We continue to work with passionate young people on protecting the environment and funding from Electricity North West enables us to develop campaigns, projects and peer educator videos and webinars to reach 1000s of young people.

3

Youth Focus North West Limited

Trustees’ annual report

for the year ended 31st March 2021

2. We help develop Youth Work practice. – DEVELOP

3. We bring people together to create networks and partnerships. – BRING TOGETHER

We continue to coordinate several networks for professionals including:

Financial review

Youth Focus North West remains in a stable financial position at end of this Financial Year despite sustained government austerity measures and the continued effect of the pandemic Covid19 virus. Staff within the Company have shown great flexibility and resilience through the pandemic and demonstrated different ways of working ensuring social distancing measures, thereby protecting themselves and stakeholders. Some staff were furloughed at their own request, due to personal circumstances. This had a small but positive effect on our annual costs. In May 2020 4 staff members were furloughed for 1 month. I staff member was furloughed for May to July 20 and again in Jan to March 2021.

Despite the pandemic our work has continued to flourish. We are now combining a mixture of traditional and modern methods of communicating and working with young people utilising online applications such as Zoom to continue and develop service delivery. Looking to the future there are signs that the government will improve funding to the youth sector and we are optimistic that our wider role in supporting others will further develop as additional funding is made available. The Company continues to work with old and new stakeholders, which has allowed us to maintain our position as leaders within the region and continue to ensure the voices of young people are both listened and responded to. The partnerships with local authorities, Electricity North West and Greater Manchester Combined Authority among others continue to provide opportunities. are exciting. They enable the Company to offer increased benefits for young people, staff, local authorities and the third sector. The Company changed its way of securing funding from local authorities, introducing a new scheme of charges which has had a positive benefit on our financial position. The principles of strong and sound financial management have continued following the lead set by the previous Treasurer. This means that we have seen a net increase in reserves of £149,365 to £387,52.

4

Youth Focus North West Limited

Trustees’ annual report

for the year ended 31st March 2021

Youth Focus North West continues to have support via the fees from Local Authorities totalling £46k. This £42k has contributed to an increased income of £426,085 compared to £375,624 in the previous year representing an increase of £50,461 or 13.43%. Expenditure is less than the previous year at (£276,720 compared to £326,786) meaning there is a net in year surplus of £149,365.

There have been changes in our service delivery – for example, we have not run any residential events for the last 2 years so these funds will be carried forward to 2022. We also moved delivery of Youthforia and GMYCA events to being predominantly online, both of which have led to reduced expenditure.

This financial position of the Company shows we remain on a solid footing. Whilst remaining optimistic for the future, in the short-term 2021/2022 could well be a challenging year as the full financial ramifications of the pandemic affect the economy, local government and particularly funding streams in the third sector.

The recruitment of additional operational staff has been beneficial to the team. We recruited a deputy CEO who started in January 2021 and plan to add to our staff team during 21/22.

The Company continues as a going concern and will do over the coming year. Our funds are not in any difficulty. There is a large amount of restricted funds held for committed work in 21/22. The Board remains of the view that the role for the Company is still evolving because of the continually changing economic and political climate. We will continue to review how we work with, and collaborate with others. We are in a strong position and board members, staff and young people remain optimistic that new work will develop from regional changes, and are confident that we will continue to recruit new income sources as well as meet contracts that we currently hold.

Reserves policy

The Directors have set the Charity’s unrestricted reserves at a level of £150,000 to cover closure and redundancy costs. This objective has been met and the Directors aim to hold £150,000 in reserve to support the charity over the next 12-18 months. Consideration needs to be given to funding in the event of long term sickness, maternity or pension liabilities which would increase the financial burden.

Chairs report

Recently, I read the Chairs last report to the AGM. It talked about coronavirus and how our industry had responded to it. Remote and virtual ways of working have continued in the intervening months and both have become the 'norm'. Unlike those bleak days in 2020, there is now clear light at the end of the tunnel, and gradually we are all coming to terms with living with the virus. The vaccination roll-out is continuing and with it the return of what we used to call normality. What that means to us is that our methods of working with young people will include a resumption of face-to-face meetings, the return of conferences and residential work. Undoubtedly, we will have a more blended approach to our work as a means of engaging a wider contact with young people and our partners.

All the Boards' meetings have been virtual throughout the reporting period, as have our planning meetings. The AGM is our attempt to get together in person, increase social interaction and further collaboration. This year is also the first time we are presenting our annual report and 5-year strategic plan in an open meeting.

5

Youth Focus North West Limited

Trustees’ annual report

for the year ended 31st March 2021

I look back on the year with an overall sense of satisfaction and pride on what we have achieved. In particular, for the first time in our history we have recruited to the Board through open recruitment. We had 8 applicants and recruited 5. I am confident that the Board of trustees are of high calibre and will serve young people and partners well in the coming years. It is very pleasing and encouraging to have a young Treasurer and vice Chair on the Board who have been with us as young people and now sit as trustees and custodians of our work. We have continued with our core activity around supporting young people’s engagement through elements such as Youthforia as well as engaging new and old partnerships. Our work with the NYA and partners to deliver youth work training has had excellent results and positive benefits to the North West region. This resurgence in youth work training will provide a sound platform as we all emerge from the current crisis. Other strategic relationships such as that with the Greater Manchester Combined Authority, and with sponsors such as Electricity North West linking to Youthforia on environmental challenges also show how we enable partners to support young people’s engagement and development.

As Treasurer for many years and seeing us work through some turbulent financial times, I am extremely pleased to report our financial position remains very positive and our income has grown. The move to create a new more uniform and relevant financial relationship with our Local Authority partners has resulted in all of them engaging as full member organisations. We are looking at how our offer may be of benefit to our third sector partners in the forthcoming financial year. There is an increased confidence that the youth sector will benefit from future government funding and we are ready and willing to support our partners in preparation for this.

The leadership and vision of our Chief Executive, Stuart Dunne has continued from his positive start. The staff team has grown and it is through their support and commitment that YFNW has been able to respond to the massive challenge that hit everyone in 2020 and continued in 2021. Professional Development Reviews have been introduced for all staff and a 360 pilot scheme involving the CEO has been trialled with an intent to review and roll out to all staff. The Articles have been reviewed and a limit is now agreed on the size of the Board and length of office for trustees. A new Chair is elected and will remain in office for 5 years rather than seek annual re-election. A trustee vacancy will be recruited through open advertisement.

One member of the Board who has served us superbly is Tracey Walsh, who has been Chair and vice Chair of the Board in previous years. She has been with the Company for over 10 years and is now standing down. Thank you, Tracey, for all your work, your shoes will be hard to fill.

Finally, I look back with an overall sense of satisfaction and pride for what YFNW has achieved since it became a charitable organisation. I have been with the it throughout that journey. The time has now come for me to step aside and let others develop the company further, continuing with, and developing our service to young people. I am confident that it will continue to do so.

Bernard S Booth

Chair

6

Youth Focus North West Limited

Trustees’ annual report

for the year ended 31st March 2021

Structure, governance and management

Recruitment and Appointment of Trustees:

The Directors of the company are also charity trustees for the purposes of charity law and serve according to the Memorandum and Articles of Association. Trustees are drawn from the youth and community sector and are appointed at the AGM. The Chair is nominated from existing members

Trustee Induction and Training

Trustees are already familiar with the practical work of the charity. An induction pack will be available for any new Trustees that may join the Board from wider sectors.

Organisational Structure:

YFNW is governed by a Board of Directors, consisting of youth work professionals and young alumni. The Board is consulted on strategic and operational matters and when necessary separate meetings between the Chair and the Chief Executive (who is also the company secretary) will be held. The staff team consists of a full time Chief Executive, 2 development workers, a business development manager, support worker and team administrator. When required, consultants, researchers and bank staff may be contracted for specific work.

The organisation is a charitable company limited by guarantee, incorporated on 28 January 2008 and registered as a charity in August 2008. The company was established under a memorandum of association which established the objects and powers of the charitable company and is governed under its articles of association.

Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

All trustees give their time voluntarily and receive no benefits from the charity. Any expenses reclaimed from the charity are set out in note 9 to the accounts.

Related parties and relationships with other organisations:

Youth Focus NW is a member of the Network of Regional Youth Work Units England.

Risk management:

The Trustees have considered the risks to which the Charity is exposed and have established systems for mitigating those risks. External risks have been minimised by implementing appropriate policies. The key external risk is the lack of availability of unrestricted funding. The Trustees carefully monitor the position regarding these funds.

Internal risks have been minimised by implementing procedures for authorising transactions and to ensure consistent quality of delivery for all aspects of the Charity’s activities. Strategic and operational risks are reviewed regularly.

7

Youth Focus North West Limited

Trustees’ annual report

for the year ended 31st March 2021

Statement of responsibilities of the trustees

The trustees (who are also directors of Youth Focus North West Limited for the purposes of company law) are responsible for preparing the trustees’ annual 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 year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable 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 charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

This report has been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime of the Companies Act 2006.

The trustees’ annual report has been approved by the trustees on 16/10/2021 and signed on their behalf by:

Will Adams Treasurer

8

Independent examiner’s report

to the members of

Youth Focus North West Limited

I report on the accounts of the company for the year ended 31 March 2021 which are set out on pages 10 to 23.

Responsibilities and basis of report

As the charity 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 company’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

Since the company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which one of the listed bodies.

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 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.

Jennifer Daniel FCCA DChA Beehive Mill, Jersey Street Manchester, M4 6JG Date: 12/11/2021

9

Youth Focus North West Limited

Statement of Financial Activities

(including Income and Expenditure account) for the year ended 31 March 2021

Unrestricted
funds
Note
£
Income from:
Charitable activities:
3
425,836
Investments
4
249
Total income
426,085
Expenditure on:
Charitable activities:
5
274,720
Total expenditure
274,720
7
151,365
Transfer between funds
-
Net movement in funds for the year
151,365
Reconciliation of funds
Total funds brought forward
236,157
Total funds carried forward
387,522
Net income/(expenditure) for the
year		 Restricted
funds
£
-
-
-
2,000
2,000
(2,000)
-
(2,000)
2,000
-		 Total funds
2021
£
425,836
249
426,085
276,720
276,720
149,365
-
149,365
238,157
387,522		 Total funds
2020
£
375,624
260
375,884
326,786
326,786
49,098
-
49,098
189,059
238,157

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

10

Youth Focus North West Limited Company number 06486517

Balance sheet as at 31 March 2021

Note
£
£
Fixed assets
Tangible assets
11
-
Total fixed assets
-
Current assets
Debtors
12
185,011
Cash at bank and in hand
426,026
Total current assets
611,037
Liabilities
Creditors: amounts falling
due in less than one year
14
(223,515)
Net assets
387,522
The funds of the charity:
Restricted income funds
16
-
Unrestricted income funds
17
387,522
Total charity funds
387,522
2021		 £
£
332
332
50,985
286,141
337,126
(99,301)
238,157
2,000
236,157
238,157
2020		 £
£
332
332
50,985
286,141
337,126
(99,301)
238,157
2,000
236,157
238,157
2020
332
238,157
2,000
236,157
238,157

For the year in question, the company was entitled to exemption from an audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These accounts are prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small companies and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company.

The notes on pages 13 to 23 form part of these accounts.

Approved by the trustees on 16/10/2021 and signed on their behalf by:

Bernard Seth Booth Will Adams Chair Treasurer

11

Youth Focus North West Limited

Statement of Cash Flows for the year ending 31 March 2021

Note
2021
£
Cash provided by/(used in) operating activities
19
139,636
Cash flows from investing activities:
Dividends, interest, and rents from investments
249
Cash provided by/(used in) investing activities
249
139,885
Cash and cash equivalents at the beginning of the year
286,141
Cash and cash equivalents at the end of the year
426,026
Increase/(decrease) in cash and cash
equivalents in the year		 2020
£
52,316
260
260
52,576
233,565
286,141

12

Youth Focus North West Limited

Notes to the accounts for the year ended 31 March 2021

1 Accounting policies

The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

a Basis of preparation

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 UK and Republic of Ireland (FRS 102), second edition - October 2019 (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006 and UK Generally Accepted Accounting Practice.

Youth Focus North West Limited meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

b Preparation of the accounts on a going concern basis

The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern.

The trustees have made no key judgments which have a significant effect on the accounts.

The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reporting period.

13

Youth Focus North West Limited

Notes to the accounts for the year ended 31 March 2021 (continued)

c Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income received in advance of a provision of a specified service is deferred until the criteria for income recognition are met.

d Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

e Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of charity.

Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.

Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work or for specific projects being undertaken by the charity.

f 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 a cost against the activity for which the expenditure was incurred.

14

Youth Focus North West Limited

Notes to the accounts for the year ended 31 March 2021 (continued)

g Operating leases

Operating leases are leases in which the title to the assets, and the risks and rewards of ownership, remain with the lessor. Rental charges are charged on a straight line basis over the term of the lease.

h Tangible fixed assets

Individual fixed assets costing £1,000 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows:

Computer equipment 5 years Office fixtures and equipment 4 years

i 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.

j 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.

k Creditors and provisions

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.

15

Youth Focus North West Limited

Notes to the accounts for the year ended 31 March 2021 (continued)

l Pensions

Employees of the charity are entitled to join a defined contribution ‘money purchase’ scheme. The charity’s contribution is restricted to the contributions disclosed in note 8. There were no outstanding contributions at the year end. The costs of the defined contribution scheme are included within expenditure on charitable activities.

The money purchase plan is managed by Royal London Mutual Insurance Society Limited Plc and the plan invests the contributions made by the employee and employer in an investment fund to build up over the term of the plan a pension fund which is then converted into a pension upon the employee’s normal retirement year age when eligible for a state pension. The charity has no liability beyond making its contributions and paying across the deductions for the employee’s contributions.

There were no contributions outstanding at the year-end of £864 (2020 : £864).

2 Legal status of the charity

The charity is a company limited by guarantee registered in England and Wales and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The registered office address is disclosed on page 1.

3 Income from charitable activities

Conferences and training
Membership subscriptions
Contract income
Fees
Total 2021
Previous reporting period
Awards for All grant
Conferences and training
Membership subscriptions
Contract income
Fees
Total 2020		 Unrestricted
£
35,685
55,255
333,486
1,410
425,836
Unrestricted
£
-
34,158
38,798
298,009
4,659
375,624		 Restricted
£
-
-
-
-
-
Restricted
£
-
-
-
-
-
-		 Total 2021
£
35,685
55,255
333,486
1,410
425,836
Total 2020
£
-
34,158
38,798
298,009
4,659
375,624

16

Notes to the accounts for the year ended 31 March 2021 (continued)

Youth Focus North West Limited

4 Investment income

Investment income
Income from bank deposits 2021
£
249
249		 2020
£
260
260

All of the charity's investment income arises from money held in interest bearing deposit accounts. All investment income is unrestricted.

5 Analysis of expenditure on charitable activities

Staff costs
Premises costs
Administrative costs
Project costs
Depreciation
Total 2020
Previous reporting period
Staff costs
Premises costs
Administrative costs
Project costs
Depreciation
Total 2019
Governance costs
Governance costs
(see note 6)		 Unrestricted
£
184,091
17,049
18,437
52,831
332
1,980
274,720
Unrestricted
£
169,768
15,211
21,885
117,609
333
1,980
326,786		 Restricted
£
-
-
-
2,000
-
-
2,000
Restricted
£
-
-
-
-
-
-
-		 Total 2021
£
184,091
17,049
18,437
54,831
332
1,980
276,720
Total 2020
£
169,768
15,211
21,885
117,609
333
1,980
326,786
Accountancy services
Independent examination		 Total 2021
£
1,500
480
1,980		 Total 2020
£
1,500
480
1,980

17

Youth Focus North West Limited

Notes to the accounts for the year ended 31 March 2021 (continued)

7 Net income/(expenditure) for the year

This is stated after charging/(crediting): 2021 2021 2020
£ £
Operating lease rentals:
Equipment - -
Independent examiner's fee - accountancy 1,250 1,250
Independent examiner's fee - payroll 346 346
Independent examination 400 400

8 Staff costs

Staff costs during the year were as follows:

Wages and salaries
Social security costs
Pension costs		 2021
£
156,096
9,537
12,385
178,018		 2020
£
132,495
9,150
8,747
150,392

No employees has employee benefits in excess of £60,000 (2020: Nil).

The average number of staff employed during the period was 6.8 (2020: 6).

The key management personnel of the charity comprise the board trustees. The total employee benefits of the key management personnel of the charity were £Nil (2020: £Nil).

9 Trustee remuneration and expenses, and related party transactions

Neither the trustees nor any persons connected with them received any remuneration or reimbursed expenses during the year (2020: Nil).

No trustees received travel and subsistence expenses during the year (2020:£nil).

There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity, including guarantees, during the year (2020: nil).

18

Youth Focus North West Limited

Notes to the accounts for the year ended 31 March 2021 (continued)

10 Corporation tax

The charity is exempt from tax on income and gains falling within Chapter 3 of Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity.

11 Fixed assets: tangible assets

Cost
Additions
Disposals
Depreciation
Charge for the year
Disposals
Net book value
At 31 March 2020
At 1 April 2020
At 31 March 2021
At 1 April 2020
At 31 March 2021
At 31 March 2021		 Computer
equipment
£
13,454
-
-
13,454
13,122
332
-
13,454
-
332

19

Youth Focus North West Limited

Notes to the accounts for the year ended 31 March 2021 (continued)

12
Debtors
2021
£
Trade debtors
138,719
Prepayments and accrued income
46,292
185,011
13
Cash at bank and in hand
2021
£
Cash at bank and on hand
426,026
14
Creditors: amounts falling due within one year
2021
£
Trade creditors
7,866
Other creditors and accruals
1,980
Deferred income
209,545
Taxation and social security costs
4,124
223,515
15
Deferred income
2021
£
Annual membership and contract income
Deferred grant brought forward
91,255
Income received
483,015
Released to income from charitable activities
(364,725)
Deferred income carried forward
209,545		 2020
£
32,845
18,140
50,985
2020
£
286,141
2020
£
3,204
1,980
91,255
2,862
99,301
2020
£
137,177
319,455
(365,377)
91,255

20

Youth Focus North West Limited

Notes to the accounts for the year ended 31 March 2021 (continued)

16 Analysis of movements in restricted funds

Awards for All
Total 2020
Awards for All
Total 2019
Previous reporting
period		 Balance at
1 April
2020
£
2,000
2,000
Balance
at 1 April
2019
£
2,000
2,000
 Income
£
-
-
Income
£
-
-		 Expenditure
£
(2,000)
(2,000)
Expenditure
£
-
-		 Transfers
£
-
-
Transfers
£
-
-		 Balance at
31 March
2021
£
-
-
As at 31
March
2020
£
2,000
2,000

21

Youth Focus North West Limited

Notes to the accounts for the year ended 31 March 2021 (continued)

17 Analysis of movement in unrestricted funds

General fund
Name of
General fund
General fund
Previous reporting
period		 Balance
at 1 April
2020
Income
Expenditure
Transfers
£
£
£
£
236,157
426,085
(274,720)
-
236,157
426,085
(274,720)
-
Balance
at 1 April
2019
Income
Expenditure
Transfers
£
£
£
£
187,059
375,884
(326,786)
-
187,059
375,884
(326,786)
-
Description, nature and purposes of the fund
The free reserves after allowing for all designated funds
 As at 31
March 2021
£
387,522
387,522
As at 31
March
2020
£
236,157
236,157

22

Youth Focus North West Limited

Notes to the accounts for the year ended 31 March 2021 (continued)

18 Analysis of net assets between funds

General Restricted
fund funds Total
£ £ £
Tangible fixed assets - - -
Net current assets/(liabilities) 387,522 - 387,522
Total 2021 387,522 - 387,522
Previous reporting period
General Restricted
fund funds Total
£ £ £
Tangible fixed assets 332 - 332
Net current assets/(liabilities) 235,825 2,000 237,825
Total 2020 236,157 2,000 238,157
Reconciliation of net movement in funds to net cash flow from operating a
2021 2020
£ £
Net income/(expenditure) for the year 149,365 49,098
Adjustments for:
Depreciation charge 332 333
Dividends, interest and rents from investments (249) (260)
Decrease/(increase) in debtors (134,026) 50,054
Increase/(decrease) in creditors 124,214 (46,909)
Net cash provided by/(used in) operating 139,636 52,316

19 Reconciliation of net movement in funds to net cash flow from operating activities

23