**Charity number: 1129447**
**TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022**
## **CONTENTS**
|**Reference and administrative details of the charity, its trustees and advisers**
**Chair’s Statement**
**Trustees' report**
**Independent examiner's report**
**Statement of financial activities**
**Balance sheet**
**Notes to the financial statements**|
**3**
**4**
**5**
**10**
**11**
**12**
**13**|
|---|---|
**2 |** P a g e
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MAY 2022**
**Principal office** 93 Alkham Road London N16 6XD **Trustees** Mrs G Wind BA (Hons), Chair Mrs L Monheit, Treasurer Mrs B Hochberg, Trustee Mrs Y Zwiebel, Trustee Mrs P Miller, Trustee **Charity Number** 1129447 **Independent** Berish Hoffman FCA **Examiner** Landau Morley LLP 325-327 Oldfield Lane North Greenford Middlesex UB6 0FX
**3 |** P a g e
## **CHAIR’S STATEMENT:**
I take great pleasure in presenting the annual report of the trustees for the year ended 31 May 2022.
Every young person yearns to spread their wings and fly. Yet when these wings are clipped by deprivation, underachievement, marginalisation, illness or disability, they often fail to break free.
Like a nurturing nest, Activiteens provides a warm, safe environment protecting its fledglings from the ravages of a turbulent, judgemental world. We are privileged to nourish our beneficiaries with the confidence, the wherewithal, the permission to rise above expectations. Even as they flounder we
encourage them to persevere; for we know that the moment you doubt whether you can fly, you cease forever to be able to do it.
Demands for our services have understandably risen this year and it is thanks to you, our trusting funders and supporters, that our steady income enabled us to meet their evolving needs.
Your endowment gives flight to their potential. Your faith is the bird that feels the light when the dawn is still dark.
Join us, once again, as we watch them take off; for the sky is the limit.
Gita Wind BA (Hons) Chair
**4 |** P a g e
## **TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MAY 2022**
The trustees present their report and financial statements for the year ended 31 May 2022.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity’s governing document, the Charities Act 2011 and “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)”.
## **REFERENCE AND ADMINISTRATIVE DETAILS:**
Reference and administrative details are shown in the schedule of legal and administrative information on page 3 of the financial statements.
## **OUR VISION:**
To improve the lives of underprivileged and vulnerable young people from minority ethnic communities who are suffering from the effects of poverty, overcrowding, illness, disability, social-isolation or are at risk of becoming NEETs due to underachievement.
## **OUR MISSION:**
To provide activities through which these young people can develop skills so that they can reach their maximum potential and grow into productive members of society.
## **OBJECTIVES & ACTIVITIES:**
- To promote and advance the education of young people by providing educational and vocational
courses and programmes that boost success, increase their life-chances and improve their employability prospects.
- To revolutionise the sedentary lifestyle of young people in the local community and stem the rising tide of obesity by providing sports and fitness projects that support young people in achieving healthy eating habits and a healthy lifestyle.
- To provide pleasurable, user-led, outof-school clubs and activities that promote the personal, social and emotional development of young people. These empower them to acquire a range of skills while providing them with a fun, safe and supportive place to spend their free time constructively.
- To support troubled teens through the provision of mentoring services.
- To enable young people with special needs to fully access our services, advance their education and develop to their maximum potential.
- To empower parents with the skills and confidence they need to support their adolescents during these critical years.
The trustees confirm that they have referred to the guidance outlined in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning future activities.
**5 |** P a g e
**TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MAY 2022**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The trustees who served during the year and up to the date of signature of the financial statements were: Mrs G Wind BA (Hons) Mrs L Monheit Mrs B Hochberg Mrs Y Zwiebel Mrs P Miller
## **RECRUITMENT, INDUCTION AND TRAINING**
New trustees are recruited on the basis of their competence, specialist skills, and those who are able to promote the objectives of the Charity. The existing trustees will apply suitable induction and training procedures to any new trustee .
## **RISK MANAGEMENT**
The trustees have identified and reviewed the major risks to which the charity is exposed. Both manual and automated checks are regularly invoked, particularly those relating to the operations and finance of the charity. The trustees are satisfied that these systems and procedures mitigate the potential effects of any perceived risks.
## **SAFEGUARDING AND CHILD PROTECTION**
Rigorous Child Protection and Safeguarding policies and procedures are at the heart of everything we do. This ensures that the welfare of the young people in our care is never compromised.
**6 |** P a g e
**----- Start of picture text -----**
281
205
TEENS SUPPORTED
SPORTS CLUB
SESSIONS
9
OUTDOOR TRIPS
253
PSYCHOTHERAPY
SESSIONS
Performance and Achievements:
260
390
PERFORMING ARTS
COOKERY &
SESSIONS
HEALTHY EATING
CLASSES
623
89
GROUP AND 1:1
VOCATIONAL
HOMEWORK AND
TRAINING SESSIONS
GCSE CLUB SESSIONS
DELIVERED
**----- End of picture text -----**
**7 |** P a g e
## **PERFORMANCE & ACHIEVEMENTS**
## **PERFORMING ARTS CLUBS**
245 young people were animatedly engaged in a range of weekly performing arts clubs. These enabled them to develop a host of creative and artistic skills while enhancing their personal, emotional and social wellbeing. The drama sessions were particularly popular, with young people expressing appreciation for this unique forum for selfexpression.
## **SPORTS & EXERCISE CLUBS**
Our vibrant and pulsating weekly sports and exercise classes engaged 165 young people. Many of these were more reticent, and otherwise less likely to participate in physical activity. The sessions included indoor and outdoor sports, aerobics, strength exercises and circuit training designed to meet individual requirements and preferences.
## **MENTORING SESSIONS**
We believe that every young person should build a trusting relationship with an adult who can be a role model and guide them to success. We are pleased that 87 young people benefitted from weekly mentoring sessions and felt cared for and reassured that they are not alone in dealing with their day-today challenges.
## **Dream**
## **SOCIAL SKILLS SESSIONS**
A teen lacking in social skills can be a very lonely one. Thankfully these skills can be learnt. Our qualified instructors opened new social vistas for 92 young people. “I’m a changed person,” enthused Toby, 14,” now I can finally walk up to any cluster and confidently join the conversation. I’ve been invited out to join many fun activities. The future beckons with new opportunities…”
## **OUTDOOR TRIPS & RETREATS**
Outdoor activity and learning offers young people a way to break free from their regular routine. It allows young people to develop selfconfidence, independence and selfesteem through taking risks and pushing their physical boundaries. We treated our beneficiaries to nine trips and retreats this year, two of them being highly successful overnight trips in the countryside.
## **COOKERY CLASSES**
Our increasingly popular weekly cookery classes revolutionised the lives of 125 young people. Participants were involved in planning and cooking healthy meals and snacks enabling them to collect a variety of tasteful and economical recipes. They were also taught a wide range of intricate pastry and confectionary techniques enabling them to achieve several AQA Awards
## **Believe**
## **ANNUAL TALENT SHOW**
Our annual talent show brought together the incredible talents of 194 underprivileged young people. Beneficiaries outdid themselves performing to a massive audience of 750+ people at the Millfield’s Art Centre. As one parent shared, ‘’you’ve created an atmosphere of growth and a ‘Can Do’ attitude – the likes of which Lea has never experienced before’’.
## **VOCATIONAL TRAINING**
In these competitive times, having a varied range of vocational qualifications gives young people an edge when they begin their job search. Training courses included digital imaging, CorelDraw, InDesign and Adobe courses as well as fashion design and dressmaking courses helping young people acquire new knowledge, experience and skills.
## **HOMEWORK CLUB & TUTORING**
Seventy-six underachieving young people attended our homework and GCSE clubs, with many benefitting from individual tutoring sessions. The relaxed, productive and secure environment encouraged young people to raise their academic aspirations and attainments promoting their current and future successes.
## **Achieve**
**8 |** P a g e
**FINANCIAL REVIEW AND TREASURER’S STATEMENT**
We are very grateful to our funders and supporters for enabling us to make a difference to the lives of many more young people in need. A special thank you goes to UK Youth, The Tottenham Grammar School Foundation, People’s Health Trust, The Cherry Family Foundation and London Borough of Hackney. We extend our appreciation to The Assura Community Fund, The Children’s Aid Committee Charitable Fund, Charles S French Charitable Trust, Doyly Carte Charitable Trust, the Chartered Accountant Livery Charity, The Bradians Trust, CLA Charitable Trust, London Youth and our other dependable supporters for the notable donations they have made to the charity in spite of the difficult climate.
The impact of your support lives on.
The Charity received donations and grants totalling **£108,668** during the year and carried out projects with total running expenditures of **£104,406** . The results for the year are shown in the attached financial statements and the trustees are satisfied with its results.
## **RESERVES POLICY**
The trustees aim towards maintaining reserves of at least three months’ activity running costs ensuring continued delivery of services. The charity is grateful to have been able to rebuild reserves to this level. At the year’s end the charity held free reserves of **£26,799.**
## **PLANS FOR FUTURE PERIODS**
## **Targets for 2022/23:**
Though Covid-19 is hopefully behind us, the effects on our young people are still lingering and we will continue to address its social, emotional and academic impact. Furthermore, with the cost of living rising at an alarming rate, we will once again be there to support our young people through this crisis. Teenagers often link their social status with their financial circumstances and we wish to empower them to face these challenges with fortitude and faith.
We will deliver workshops to grant them the skills that will empower them to save money rather than outsource. These will include home economics, sewing and DIY classes enabling them to do basic repairs and alterations on their own. Cookery classes will also focus on creating healthy meals on a narrow budget. Financial Capabilities courses will likewise empower them to budget and save safely.
We will expand our tutoring provision, GCSE classes and homework clubs helping every young person do well academically thus significantly impacting their future chances.
With emotional health challenges on the rise we are steadfast in providing mentoring, counselling and psychotherapy sessions to improve their resilience, endurance and emotional well-being.
The trustees’ report was approved by the Board of Trustees.
Mrs G Wind BA (Hons) Chair 23 March 2023
**9 |** P a g e
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF ACTIVITEENS**
I report to the trustees on my examination of the financial statements of Activiteens (the Charity) for the year ended 31 May 2022.
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:
## **RESPONSIBILITIES AND BASIS OF**
## **REPORT**
As the trustees of the Charity, you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **INDEPENDENT EXAMINER'S STATEMENT**
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.
I understand that this has been done in order for financial statements to provide true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
1. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
2. the financial statements do not accord with those records; or
3. the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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 financial statement to be reached.
Signed:
## Berish Hoffman FCA
Landau Morley LLP 325-327 Oldfield Lane North Greenford Middlesex UB6 0FX
Dated: 23 March 2023
**10 |** P a g e
**STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MAY 2022**
|**Unrestricted**
**funds**
**Restricted**
**funds**
**Total**
**funds**
_Unrestricted_
_funds_
_Restricted_
_funds_
**Note**
**2022**
**£**
**2022**
**£**
**2022**
**£**
_2021_
_£_
_2021_
_£_
**INCOME FROM:**
Donations and legacies
2
**33,555**
**75,113**
**108,668**
_64,916_
_48,427_
**EXPENDITURE ON:**
Raising funds
3
**528**
**1,716**
**2,244**
_-_
_-_
Charitable activities
4
**14,843**
**86,099**
**100,942**
_72,254_
_40,423_
Other
8
**1,220**
**-**
**1,220**
_-_
_-_
**Total expenditure**
**16,591**
**87,815**
**104,406**
_72,254_
_40,423_
**Net income/(expenditure) for**
**the year/**
**Net movement in funds**
**16,964**
**(12,702)**
**4,262**
_(7,338)_
_8,004_
Fund balances at 1 June 2021
**_9,835_**
**_24,220_**
**_34,055_**
_17,173_
_16,216_
**Fund balances at 31 May**
**2022**
**26,799**
**11,518**
**38,317**
_9,835_
_24,220_|_Total_
_funds_
_2021_
_£_
_113,343_|
|---|---|
||_-_|
||_112,677_|
||_-_|
||_112,677_|
||_666_
_33,389_|
||_34,055_|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
**11 |** P a g e
## **BALANCE SHEET**
## **AS AT 31 MAY 2022**
|**Note**
**FIXED ASSETS**
Tangible assets
9
**CURRENT ASSETS**
Debtors
10
Cash at bank and in hand
**CREDITORS: amounts falling due within**
**one year**
11
Net Current assets
**Total assets less current liabilities**
**CREDITORS: amounts falling due after**
**more than one year**
12
**Net assets**
**Income Funds**
Restricted funds
13
Unrestricted funds|**2022**
**£**
**£**
**-**
**2,000**
**63,655**
**65,655**
**(8,317)**
**57,338**
**57,338**
**(19,021)**
**38,317**
**11,518**
**26,799**
**38,317**|
_£_
_4,308_
_60,642_
_64,950_
_(4,565)_
|_2021_
_£_
_1,220_
_60,385_|
|---|---|---|---|
||||_61,605_
_(27,550)_|
||||_34,055_|
||||_24,220_
_9,835_|
||||_34,055_|
The financial statements were approved by the Trustees on 23 March 2023
Mrs G Wind BA (Hons) Chair
**12 |** P a g e
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022**
## **1. ACCOUNTING POLICIES**
## **Charity information**
Activiteens is a charity registered in England and Wales and is unincorporated. The address of the principal office is 93 Alkham Road, London N16 6XD.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's governing document,
the Charities Act 2011 and “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)”. The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
## **1.4 Income**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
## **1.5 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.
**13 |** P a g e
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022**
## **1. ACCOUNTING POLICIES (continued)**
## **1.6 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
## Office equipment
25% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
## **1.7 Impairment of fixed assets**
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
## **1.8 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **1.9 Financial instruments**
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
**14 |** P a g e
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022**
## **1. ACCOUNTING POLICIES (continued)**
## **Basic financial assets**
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
## **Basic financial liabilities**
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## **Derecognition of financial liabilities**
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
## **1.10 Employee Benefits**
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the trust is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
## **2. Donations and legacies**
|**Unrestricted**
**funds**
**Restricted**
**funds**
**2022**
**£**
**2022**
**£**
Donations and Gifts
**33,555 -**
Grants receivable
**- 75,113**
**33,555**
**75,113**|**Total**
_Unrestricted_
_funds_
_Restricted_
_funds_
**2022**
**£**
_2021_
_£_
_2021_
_£_
**33,555**
_64,916_
_-_
**75,113**
_- 48,427_
**108,668**
_64,916_
_48,427_|_Total_
_2021_
_£_
_64,916_
_48,427_|
|---|---|---|
|||113,343|
**15 |** P a g e
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022**
## **3 Raising funds**
|**4.**|**Unrestricted**
**funds**
**Restricted**
**funds**
**2022**
**£**
**2022**
**£**
Fundraising and publicity
Staff costs
**528**
**1,716 **
**528**
**1,716**
**Charitable** **activities**
Staff costs
Depreciation and impairment
Other project costs
Share of support costs (see note 5)
Share of governance costs (see note 5)
**Analysis by fund**
Unrestricted funds
Restricted funds
|**Unrestricted**
**funds**
**Restricted**
**funds**
**2022**
**£**
**2022**
**£**
Fundraising and publicity
Staff costs
**528**
**1,716 **
**528**
**1,716**
**Charitable** **activities**
Staff costs
Depreciation and impairment
Other project costs
Share of support costs (see note 5)
Share of governance costs (see note 5)
**Analysis by fund**
Unrestricted funds
Restricted funds
|**Unrestricted**
**funds**
**Restricted**
**funds**
**2022**
**£**
**2022**
**£**
Fundraising and publicity
Staff costs
**528**
**1,716 **
**528**
**1,716**
**Charitable** **activities**
Staff costs
Depreciation and impairment
Other project costs
Share of support costs (see note 5)
Share of governance costs (see note 5)
**Analysis by fund**
Unrestricted funds
Restricted funds
|**Unrestricted**
**funds**
**Restricted**
**funds**
**2022**
**£**
**2022**
**£**
Fundraising and publicity
Staff costs
**528**
**1,716 **
**528**
**1,716**
**Charitable** **activities**
Staff costs
Depreciation and impairment
Other project costs
Share of support costs (see note 5)
Share of governance costs (see note 5)
**Analysis by fund**
Unrestricted funds
Restricted funds
|**Total**
**2022**
**£**
**2,244**
**2,244**
**Total**
**2022**
**£**
**42,054**
**-**
**53,622**
**95,676**
**3,046**
**2,220**
**100,942**
**14,843**
**86,099**
**100,942**|_Total_
_2021_
_£_
**_-_**|_Total_
_2021_
_£_
**_-_**|
|---|---|---|---|---|---|---|---|
|||||||**_-_**||
|||||||_Total_
_2021_
_£_
_42,253_
_407_
_67,016_||
|||||||_109,676_
_901_
_2,100_||
|||||||_112,677_||
|||||||_72,254_
_40,423_||
|||||||_112,677_||
|**5.**|**Support Costs**
**Support**
**Costs**
**£**
**Governance**
**costs**
**£**
Office Expenses
124
-
Consultancy fees
1,280
-
Rent
1,095
-
Interest payable
547
-
Accountancy fees
-
2,220
3,046
2,220
Analysed between
Charitable activities
3,046
2,220||**2022**
**£**
124
1,280
1,095
547
2,220
5,266
5,226|_Support_
_Costs_
_£_
_Governance_
_Costs_
_£_
_763_
_-_
_138_
_-_
_-_
_-_
_-_
_-_
_-_
_2,100_
_901_
_2,100_
_901_
_2,100_|||_2021_
_£_
_763_
_138_
_-_
_-_
_2,100_|
||||||||_3,001_|
||||||||_3,001_|
Governance costs include amounts payable to the Independent Examiner
## **6. Trustees**
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
**16 |** P a g e
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022**
## **7. Employees**
## **Number of employees**
The average monthly number of employees during the year was:
||**2022**|_2021_|
|---|---|---|
||**Number**|_Number_|
|Part time staff|**14**|_15_|
||**2022**|_2021_|
|**Employment costs**|**£**|_£_|
|Wages and salaries|**44,298**|_42,253_|
There were no employees whose annual remuneration was £60,000 or more.
|**8.**
**Other**
**Unrestricted**
**funds**
**2022**
Net loss on disposal of tangible fixed assets
**1,220**
**1,220**|_Total_
_£_
_2021_
_-_|
|---|---|
||_-_|
**9. Tangible fixed assets**
|**Tangible fixed assets**||
|---|---|
||**Office**|
||**equipment**|
||**£**|
|**Cost**||
|_At 1 June 2021_|_31,424_|
|Disposals|(31,424)|
|At 31 May 2022|-|
|**Depreciation and impairment**||
|_At 1 June 2021_|_30,204_|
|Eliminated in respect of disposals|(30,204)|
|At 31 May 2022|-|
|**Carrying amount**||
|At 31 May 2022|-|
|_At 31 May 2021_|_1,220_|
**17 |** P a g e
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022**
## **10. Debtors**
|**11. Creditors: Amounts falling due within one year**
**12.**
**Creditors: amounts falling due after more than one year**
**Amounts falling due within one year:**
Other debtors
**Notes**
Bank loans
Other creditors
Accruals and deferred income
**Notes**
Bank loans
|
|**2022**
_2021_
**£**
_£_
**2,000**
_4,308_
**2022**
_2021_
**£**
_£_
**5,989**
_-_
**-**
_2,525_
**2,328**
_2,040_
**8,317**
_4,565_
**2022**
_2021_
**£**
_£_
**19,021**
_27,550_|_2021_
_£_
_4,308_|
|---|---|---|---|
||
||_2021_
_£_
_-_
_2,525_
_2,040_|
||||_4,565_|
A Bounce Back Loan was taken by the charity to cover any projected loss of income expected due to Covid-19. Repayment of the loan will be enabled by donations that have been pledged.
## **13. Restricted funds**
The income funds of the charity include restricted funds comprising the following amounts held on trust for specific purposes relating to various projects operated by the charity.
|_Movement infunds_
_Balance at_
_1 June 2020_
_Incoming_
_resources_
_Resources_
_expended_
_Balance at_
_1 June 2021_
_£_
_£_
_£_
_£_
Healthy Eating & Living
_5,918_
_17,526_
_(6,851)_
_16,593_
Vocational and Educational support
_-_
_9,988_
_(9,988)_
_-_
Recreation and Arts clubs
_8,298_
_16,605 (21,484)_
_3,419_
Annual Talent Performance
_-_
_1,500_
_-_
_1,500_
Therapies and Mentoring
_2000_
_-_
_(2,100)_
_(100)_
Trips and Retreats
_-_
_2,808_
_-_
_2,808_
Fundraising costs
_-_
_-_
_-_
_-_
Support costs
_-_
_-_
_-_
_-_
_16,216_
_48,427 (40,423)_
_24,220_|**Movement in funds**
**Incoming**
**resources**
**Resources**
**expended**
**Balance at 31**
**May 2022**
**£**
**£**
**£**
7,285
(22,472)
1,406
22,728
(23,095)
(367)
26,444
(20,784)
9,079
1,000
(1,000)
1,500
15,160
(15,160)
(100)
-
(2,808)
-
1,716
(1,716)
-
780
(780)
-
L;l;
75,113
(87,815)
11,518|**Movement in funds**
**Incoming**
**resources**
**Resources**
**expended**
**Balance at 31**
**May 2022**
**£**
**£**
**£**
7,285
(22,472)
1,406
22,728
(23,095)
(367)
26,444
(20,784)
9,079
1,000
(1,000)
1,500
15,160
(15,160)
(100)
-
(2,808)
-
1,716
(1,716)
-
780
(780)
-
L;l;
75,113
(87,815)
11,518|
|---|---|---|
|||11,518|
**18 |** P a g e
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022**
## **14. Analysis of net assets between funds**
|**alysis of net assets between funds**|||
|---|---|---|
|**Unrestricted**
**funds**
**Restricted**
**funds**
**2022**
**£**
**2022**
**£**
Fund balances at 31 May
2022 are represented by:
Tangible assets
-
-
Current assets/(liabilities)
45,820
11,518
Long term liabilities
(19,021)
-
26,799
11,518|**Total**
**funds**
_Unrestricted_
_funds_
_Restricted_
_funds_
**2022**
**£**
_2021_
_£_
_2021_
_£_
-
_1,220_
_-_
57,338
_36,165_
_24,220_
(19,021)
_(27,550)_
_-_
38,317
_9,835_
_24,220_
|_Total_
_2021_
_£_
_1,220_
_60,385_
_(27,550)_|
|||_34,055_|
## **15. Related party transaction**
There were no disclosable related party transactions during the year (2021 – none).
**19 |** P a g e