|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||||
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|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|