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2021-03-31-accounts

Name: Cramlington
Voluntary
Cramlington
Voluntary
Cramlington
Voluntary
Youth Project Ltd
Charity Number: 1128037
Company No: 06623934
Structure: Registered
Charity
&Company
Trustees/Directors:
Chair Ms Pauline Thompson
Treasurer Mr Chris Wall
Director Dr Robert Johnson
Director Mr lan Redford
Company Advisor Mr Steve Padden
Address: Middle Farm Buildings
Station Road
Cramlington
Northumberland
NE23 1DN
Bankers: HSBC
Cramlington
Independent Mark Thompson MAAT
Examiner: 42 Lesbury Road
Newcastle
Upon
Tyne
NE6 5LB

Financial statements
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r the year ended 3 1 March 202 1
Receipts and Payments Account
Restricted Unrestricted Total Total
Funds Funds Funds Funds
2021 2021 2021 2020
Incoming
Receipts
Notes
Service Generated Income 2132 2132 68033
HMRC Job Retention Scheme 65577 65577
Grants Received 189780 0 189780 294075
Donations 1628 1628 7908
Fundraising 0 677
Other Income 42 42 72
Total Receipts 255357 3802 259159 370765
Expenditure
Direct Costs 30721 1254 31975 50802
Salary & Employee Costs 133507 5214 138721 175375
Premises Costs 28256 3487 31743 26983
Renovation 6873 0 6873 84763
General
Administration
21623 7448 29071 35397
Legal & Professional Costs 1235 1235 2473
Total Payments 220980 18638 239618 375793
Net receipts for the year 34377 -14836 19541 -5028
Net movement between funds -65577 65577
Total Funds as at 1 April 2020 63000 34447 97447 102475
Total Funds as at 31 March 2021 31800 85188 116988 97447

Accounting
Policies
Basis of preparation
ofaccounts
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 Financial
Reporting
Standard applicable in the UK and
Republic of Ireland (FRS 102)(effective
1 January
2015) —Charities SORP (FRS 102),
the Financial
Reporting
Standard
applicable
in
the UK and Republic of Ireland (FRS102)
and the Companies
Act
2006
Cramlington
Voluntary
Youth Project meets the
definition ofa 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
notes (s).
1.2 Tangible fixed assets and depreciation
Tangible fixed assets for use by the charity are stated at cost less depreciation.
Depreciation
is provided
at rates calculated
to
write offthe cost or valuation offixed assets, less
their estimated
residual
value, over their expected useful lives on the following basis:
Motor vehicles 20% on a straight line basis
1.3 Income
Income is accounted for when
it is received
1.4 Management
and administrative
expenditure
Expenditure
on management
and administration
ofthe charity includes all expenditure
not
directly related to the charitable
activity or fundraising
ventures. This includes office costs
staff salaries and accountancy fees.
1.5 Legal Status
The organisation
is registered
with Companies
House and the Charity Commission.
Grants Received
Asda Foundation 300
Bailey Thomas 10000
BBCChildren
in Need
9912
Community
Foundation
(Noithumberland
Village
Homes) 2500
Community
Foundation
(Riddell
Family Community
First Fund) 1750
Community
Foundation
(Wideopen
Road/Curtain
Parp Funds) 3600
SirJames Knott Trust 15000
Community
Foundation
(High Sheriff Award) 1000
Community
Foundation
(JD Endowement
Fund)
3000
Community
Foundation
(Ferguson
2nd Grant)
13500
Community
Fund (Lottery)
48000
EC Graham
Belford Charitable
Settlement
10000
Northumberland
County
Council (Covid Support) 10000
Northumberland
County
Council (Local restrictions support grant) 17188
Northumberland
County
Council (CHEC Shutters) 20000
Northumberland
County
Council (Community
Chest)
5000
Community
Foundation
(Carr-Ellison
Charitable
Trust) 250
SJP Charity Foundation 2500
Virgin Money Foundation 1200
Crarnlington
Town Council
5000
Community
Foundation
(Northumberland
Village
Homes) 2500
Cramlington
Town Council
3000
Community
Foundation
(Apple Tree) 4580
Total Grants Received 185200
Direct Costs
Operations
&Activities
30545
Volunteer
Expenses
1430
31975
Salary & Employee Costs
No employee
received remuneration
of more than 860,000.
The average
number ofstaff employed
calculated as full time equivalents
are as follows:
Employed
12
Salary 8 Pension Costs 136827
Staff Training
8 Membership
728
Staff Travel 1166
Total Salary &Employee Costs 138721
Premises Costs
Light &Heat 4624
Rent &Rates
TV Licence 156
Repairs 8 Renovation 13034
Transport Costs 13929
31743
Chirdon
Head Renovations
6873
General Administration
Telephone 1947
Stationery 8 Printing 1670
Subscriptions 285
Bank charges 163
Insurance 3854
Repairs &Maintenance 19907
Depreciation 1245
29071
Legal &Professional Costs
Accountancy
Costs
725
Freelance Support 510
1235
Tangible Fixed Assets Motor
Vehicles
Cost 25659
Additions
disposals
At 31 March 2021 25659
Depreciation
At 1 April 2020 23018
Charge for the year 1245
less disposals
At 31 March 2021 24263
Net BookValue 2021 1396
Net BookValue 2020 2641
Funds Analysis:
Restricted Funds: At 1 April Income Expend At 31 March
2020 2021
Rural Payments
Agency
(Chirdon
Head)
6000 4000 2000
Garfield Weston Foundation
(Chridon
Head Development)
25000 20000 5000
Enterprise
Development
Fund (Learn to Drive Project) 5000 1000 4000
Ballinger Trust (Senior Staff Costs Contribution) 15000 11000 4000
Edward
Gostling
4000 4000 0
William Leech Charity 500 500 0
Community
Foundation
(Exclus & Employ) 5000 5000 0
Community
Foundation
(Fergusons) 2500 2500 0
Asda Foundation 300 300 0
Bailey Thomas 10000 8000 2000
BBCChildren
in Need
9912 9912 0
Community
Foundation
(Northumberland Village Homes) 2500 2500 0
Community
Foundation
(Northumberland Village Homes) 2500 2500 0
Community
Foundation
(Riddell Family Community First Fund) 1750 1750 0
Community
Foundation
(Ferguson
2nd Grant)
13500 10000 3500
Community
Foundation
(Carr-Ellison
Charitable
Trust) 250 250 0
Community
Foundation
(Wideopen
Road/Curtain
Parp Funds) 3600 3600 0
Community
Foundation
(Apple Tree) 4580 4580 0
Community
Foundation
(High Sheriff Award) 1000 1000 0
Community
Foundation
(JD Endowement Fund) 3000 3000 0
Community
Fund (Lottery)
48000 48000 0
EC Graham
Belford Charitable
Settlement
10000 8000 2000
Northumberland
County
Council (Covid Support) 10000 7500 2500
Northumberland
County
Council (Local restrictions support
grant) 17188 14388 2800
Northumberland
County
Council (CHEC Shutters) 20000 20000 0
Northumberland
County
Council (Community Chest) 5000 5000 0
SirJames Knott Trust 15000 12000 3000
SJP Charity Foundation 2500 1500 1000
Virgin Money Foundation 1200 1200 0
Cramlington
Town Council
5000 5000 0
Cramlington
Town Council
3000 3000 0
Total Restricted 63000 189780 220980 31800