| Name: | Cramlington | Voluntary | Voluntary | Youth Project Ltd | |
|---|---|---|---|---|---|
| Charity Number: |
1128037 | ||||
| Company | No: | 06623934 | |||
| Structure: | Registered | Charity 8 Company | |||
| Trustees/Directors: | |||||
| Chair | Ms Pauline | Thompson | |||
| Treasurer | Mr Chris Wall | ||||
| Director | Dr Robert Johnson | ||||
| Company | Advisor | Mr Steve Padden | |||
| Council officials: | |||||
| NCC Rep | Cllr Wayne | Daley | |||
| NCC Rep | Cllr Barry Flux | ||||
| 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 for SOFA |
Financial statements for SOFA |
Financial statements for SOFA |
Financial statements for SOFA |
the year e | nded | 31 March 202 | 3 | ||
|---|---|---|---|---|---|---|---|---|---|
| Receipts and Payments | Account | ||||||||
| Restricted | Unrestricted | Total | Total | ||||||
| Funds | Funds | Funds | Funds | ||||||
| 2023 | 2023 | 2023 | 2022 | ||||||
| Incoming Receipts |
Notes | ||||||||
| Service Generated | Income | 79758 | 79758 | 85767 | |||||
| HMRC Job Retention | Scheme | 0 | 39432 | ||||||
| Grants Received | 2 | 243649 | 2250 | 245899 | 244363 | ||||
| Donations | 1770 | 1770 | 1422 | ||||||
| Other Income | 252 | 252 | 858 | ||||||
| Total Receipts | 243649 | 84030 | 327679 | 371842 | |||||
| Expenditure | |||||||||
| Direct Costs | 41807 | 5623 | 47430 | 34432 | |||||
| Salary & Employee | Costs | 145438 | 53710 | 199148 | 179402 | ||||
| Premises Costs | 27010 | 8541 | 35551 | 28829 | |||||
| Renovation | 0 | 115005 | |||||||
| General Administration | 14394 | 15425 | 29819 | 19840 | |||||
| Legal & Professional | Costs | 2606 | 2606 | 1534 | |||||
| Total Payments | 228649 | 85905 | 314554 | 379042 | |||||
| Net receipts for the | year | 15000 | -1875 | 13125 | -7200 | ||||
| Net movement | between | funds | |||||||
| Total Funds as | at 1 | April | 2022 | 20000 | 91023 | 111023 | 118223 | ||
| Total Funds as | at 31 March 2023 | 35000 | 89148 | 124148 | 111023 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Notes | f | ||||
| Fixed Assets | |||||
| Tangible Fixed Assets |
|||||
| Currents Assets | |||||
| Prepayments | |||||
| Cash at bank and in hand | 164973 | 121023 | |||
| 164973 | 121023 | ||||
| Current Liabilities | |||||
| Deferred Grants | 40000 | 10000 | |||
| Sundry Liabilities |
825 | 750 | |||
| Total Liabilities | 40825 | 10750 | |||
| Net Current Assets | 124148 | 110273 | |||
| Net Assets | 124148 | 110273 | |||
| Funds | |||||
| Unrestricted Funds |
89148 | 91023 | |||
| Restricted Funds |
35000 | 20000 | |||
| 124148 | 111023 |
| ote | s to the financial statements for the year ended 31 March 2023 |
|||||
|---|---|---|---|---|---|---|
| 1 | Accounting Policies |
|||||
| 1.1 | Basis ofpreparation 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 (FRS102)(effective 1 January 2015) —Charities SORP (FRS 102), |
||||||
| the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) |
||||||
| and the Companies Act 2006 |
||||||
| Cramlington Voluntary Youth Project meets the definition ofa public benefit entity under |
FRS | 102. | ||||
| Assets and liabilities are initially recognised at historical cost or transaction value unless |
||||||
| otherwise stated in the relevant accounting policy notes (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 | Going Concern | |||||
| The financial statements are prepared on the going concern basis. In the opinion oftrustees, |
no | |||||
| material uncertainties exist about the charity's ability to continue |
||||||
| 1.4 | 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, the amount can be measured |
reliably | and is | ||||
| not deferred. | ||||||
| 1.5 | 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 ofeconomic benefits |
will be | |||||
| required in settlement and the amount ofthe 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 ofresources. |
||||||
| Grants offered subject to conditions which have not been met at the year end date are |
noted | as a | ||||
| commitment but not accrued as expenditure |
||||||
| 1.6 | Taxation | |||||
| The charity is exempt from corporation tax on its charitable activities |
||||||
| 1.7 | Fund accounting | |||||
| Unrestricted funds can be used in accordance with the charitable objectives at the discretion |
ofthe | |||||
| trustees. | ||||||
| Restricted funds can only be used for particular restricted purposes within the objects |
ofthe | charity. | ||||
| Restrictions arise when specified by the donor or when funds are raised for particular |
restricted | |||||
| purposes | ||||||
| 1.8 | 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. | ||||||
| 1.9 | Legal Status | |||||
| The organisation is registered with Companies House and the Charity Commission. |
| Grants Received Restricted Grants |
Grants Received Restricted Grants |
||||||
|---|---|---|---|---|---|---|---|
| Garfield Weston Foundation (Staff 8 |
Support) | 25000 | |||||
| Edward Gostling (Operations Costs) |
10000 | ||||||
| Four Acre Trust | 2021 | ||||||
| Ballinger Trust (Senior Staff Costs Contribution) | 20000 | ||||||
| William Leech Charity (Staff &Support | Costs) | 20000 | |||||
| SirJames Knott Trust | 15000 | ||||||
| Cramlington Town Council (Outreach) |
12500 | ||||||
| Community Foundation |
(The Prime | Fund) | 10360 | ||||
| Ballinger Trust (Summer | Activities) | 10000 | |||||
| EC Graham Belford Charitable Settlement |
10000 | ||||||
| Community Foundation |
(Curtain Parp) |
10000 | |||||
| Community Foundation |
(Fergusons | of | Blyth) | 10000 | |||
| Community Foundation |
(Wellesley Trust) | 10000 | |||||
| Elsie Davis Trust (Junior | Staff) | 10000 | |||||
| Greggs Foundation | 10000 | ||||||
| BBCChildren in Need (Staffing &Activities) |
9912 | ||||||
| Community Foundation |
(The FBand PFB Lough Fun | d) | 9856 | ||||
| Community Foundation |
(Equipment | & | Training) | 7500 | |||
| Northumberland County |
Council (Community | Chest) | 5000 | ||||
| Community Foundation |
5000 | ||||||
| Ridley Family Charity | 5000 | ||||||
| The Fall Foundation (Activities) |
2500 | ||||||
| Community Foundation |
(The Lawrence | Campbell Co | mmunity | ||||
| First Fund) | 2000 | ||||||
| Community Foundation |
(High Sheriff Award) | 1000 | |||||
| Joseph Brough Charitable Trust (Project Costs) |
2000 | ||||||
| RW Mann Trust | 4000 | ||||||
| LGA Foundation (Christmas Activities) |
1500 | ||||||
| Arnold Clark (Activities) | 1000 | ||||||
| Hadrian Trust (Activities) |
1000 | ||||||
| The Rothley Trust | 1000 | ||||||
| BBCChildren in Need (Activities) |
500 | ||||||
| Total Restricted Grants | 243649 | ||||||
| Unrestricted Grants |
|||||||
| Thomas Miller |
750 | ||||||
| Community Foundation |
(The Carr Ellison Charitable | Trust) | 500 | ||||
| Community Foundation |
(High Sheriff Award) | 1000 | |||||
| Total Unrestricted Grants |
2250 | ||||||
| Total Grants Received | 245899 | ||||||
| Direct Costs | |||||||
| Operations &Activities |
46694 | ||||||
| Volunteer Expenses |
736 | ||||||
| 47430 |
| 7 | Legal &Professional C |
osts | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Accountancy Costs |
800 | |||||||||
| Freelance Support | 1806 | |||||||||
| 2606 | ||||||||||
| 8 | Current Liabilities |
|||||||||
| Deferred Grants: | ||||||||||
| Four Acre Trust | 20000 | |||||||||
| Northuinberland County Council - Childrens |
Trust | 20000 | ||||||||
| Accountancy Charges |
825 | |||||||||
| Total Current Liabilities |
40825 | |||||||||
| 9 | Funds Analysis: | |||||||||
| Restricted Funds: | At 1 April | Income | Expend | At 31 March | ||||||
| 2022 | 2023 | |||||||||
| Revenue Expenditure Funds |
||||||||||
| Garfield Weston Foundation (Staff 8 |
Support) | 25000 | 25000 | 0 | ||||||
| Edward Gostling (Operations Costs) |
2000 | 10000 | 12000 | 0 | ||||||
| Four Acre Trust | 2021 | 2021 | 0 | |||||||
| Ballinger Trust (Senior Staff Costs Contribution) | 8000 | 20000 | 20000 | 8000 | ||||||
| William Leech Charity (Staff &Support | Costs) | 20000 | 10000 | 10000 | ||||||
| Sir James Knott Trust | 6000 | 15000 | 15000 | 6000 | ||||||
| Cramlington Town Council (Outreach) |
12500 | 12500 | 0 | |||||||
| Community Foundation |
(The Prime | Fund) | 10360 | 6360 | 4000 | |||||
| Ballinger Trust (Summer | Activities) | 10000 | 10000 | 0 | ||||||
| EC Graham Belford Charitable Settlement |
10000 | 9000 | 1000 | |||||||
| Community Foundation |
(Curtain Parp) | 10000 | 10000 | 0 | ||||||
| Community Foundation |
(Fergusons | of | Blyth) | 10000 | 10000 | 0 | ||||
| Community Foundation |
(Wellesley Trust) | 10000 | 10000 | 0 | ||||||
| Elsie Davis Trust (Junior | Staff) | 10000 | 10000 | 0 | ||||||
| Greggs Foundation | 4000 | 10000 | 10000 | 4000 | ||||||
| BBCChildren in Need (Staffing &Activities) |
9912 | 9912 | 0 | |||||||
| Community Foundation |
(The FBand PFB Lough Fund) | 9856 | 9856 | 0 | ||||||
| Community Foundation |
(Equipment | & | Training) | 7500 | 7500 | 0 | ||||
| Northumberland County |
Council (Community | Chest) | 5000 | 5000 | 0 | |||||
| Community Foundation |
5000 | 5000 | 0 | |||||||
| Ridley Family Charity | 5000 | 5000 | 0 | |||||||
| The Fall Foundation (Activities) |
2500 | 2500 | 0 | |||||||
| Community Foundation |
(The Lawrence | Campbell | Community | |||||||
| First Fund) | 2000 | 2000 | 0 | |||||||
| Community Foundation |
(High Sheriff Award) | 1000 | 1000 | 0 | ||||||
| Joseph Brough Charitable Trust (Project Costs) |
2000 | 2000 | 0 | |||||||
| RW Mann Trust | 4000 | 2000 | 2000 | |||||||
| LGA Foundation (Christmas Activities) |
1500 | 1500 | 0 | |||||||
| Arnold Clark (Activities) | 1000 | 1000 | 0 | |||||||
| Hadrian Trust (Activities) |
1000 | 1000 | 0 | |||||||
| The Rothley Trust | 1000 | 1000 | 0 | |||||||
| BBCChildren in Need (Activities) |
500 | 500 | 0 | |||||||
| Total Revenue Funds |
20000 | 243649 | 228649 | 35000 |