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**St Anthony’s Youth Education and Support (A company Limited by Guarantee) known locally as “The Bostey”**
**Annual Report and Financial Statements for the Year Ended 31 March 2024**
Charity Number: 1130531 Company Number: 06917895
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## **Contents**
|**Contents**||
|---|---|
|Reference and Administrative details|3|
|Chair Statement|4|
|Trustees Report|5|
|Independent Examiners Report|18|
|Statement of Financial Activities|19|
|Balance Sheet|20|
|Note to the Financial Statements|21|
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## **Reference and Administrative Details**
|Trustees|K L Adamson|
|---|---|
||T O Grady|
||J Henderson|
||D Robinson|
||H Holmes|
|Key Management Personal|H Woods-Waters (CEO St Anthony’s|
|Community Association||
||J Grieveson (Youth Service Manager)|
|Principal Office|The Bostey|
||Church Street|
||Walker, Newcastle upon Tyne|
||NE6 3NG|
|Company Registration Number|06917895|
|Charity Registration Number|1130531|
|Bankers Details|HSBC|
||110 Grey Street|
||Newcastle upon Tyne|
||NE1 6JG|
|Independent Examiner|Simon Brown BA ACA DChA|
||Bulman House|
||Regent Centre, Gosforth|
||Newcastle upon Tyne, NE3 3LS|
## **The Charity is incorporated in England and Wales**
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## **Introduction**
**Chair’s Report** The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements and auditors' report of the charitable company for the year ended 31 March 2024
As a trustee of St Anthony’s Youth Education and Support (the Bostey) and St Anthony’s Community Association, a sister organisation and long-term funder of the Bostey, it is my responsibility to report to St Anthony’s on the work that is being undertaken. We never cease to be impressed with the stories of individual young people’s achievements; the programmes that are provided; the holiday schemes and residentials. This is an organisation that is passionate about making sure that young people have positive and valuable experiences. They are constantly innovating but also maintaining what they judge to be working well.
The team of youth workers and volunteers do not just provide the programmes, they stand as examples of how good adults behave, be that managing conflict, treating people well, listening and managing emotions, planning and organising – I could go on. Being surrounded by good role models is a significant feature of what the Bostey is about.
This important work does require funding and we are grateful to everyone who contributes, no matter how big or small, for their support. This endorsement also gives us security and confidence and that means a lot to us. I would also like to thank the staff and volunteers for what you do – we are very proud to be associated with you. And finally, I would like to thank the Trustees for their wisdom and support.
Tim O’Grady
Acting Chair
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## **Trustees Report including the Strategic Report Structure, Governance and Management**
## **Nature of governing document**
St Anthony's Youth Education and Support was registered as a charity with the Charity Commission on 14th July 2009. The charity is governed by its Memorandum and Articles of Association dated 28 May 2009 and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. On the 9th of May 2017 after reviewing our objects and Articles of Association, the Trustees by way of special resolution adopted updated memorandum and Articles of Association.
## **Recruitment and appointment of trustees**
New trustees are recruited when their specific skills and values are identified as being beneficial to the charity. Trustees are actively sought for their experience in Finance and Administration, Personnel, Quality Assurance, Research and Development, Children and Young People services and Business Management. The election of trustees is governed by the Memorandum and Articles of Association and are initially interviewed by two serving trustees before being proposed at the AGM where their appointment is officially sanctioned.
## **Induction and training of trustees**
All new Trustees are formally welcomed to the organisation by the Chair of Trustees and the Chief Executive. We support our new Trustees, providing an introduction to the work of St Anthony's Youth Education and Support, which includes a guided tour of our service and meetings with staff, volunteers and service users. All current trustees are informed of the election of trustees in advance of the AGM and whether they themselves are required to stand down and be re-elected. We have a formal Trustee Induction programme containing the "Overview of the Organisation, its history, values, structure, policies and procedures, annual plan and services provided. "Introduction to Finance including Trustees responsibilities" Introduction to Governance and Roles of Trustees, which includes attending meetings, the obligation of Trustees including their responsibility to ensure the charity operates within the main legal document which sets out the operational framework for the charity, namely the Memorandum and Articles and required Trustees checks. The Charity Commission publication "The Essential Trustee" is given as a point of reference to all new trustees along with the Memorandum of Articles and the latest financial statements. They are also directed to the Charity Commission website for further information and guidance. Feedback from new trustees about their induction is used to improve future practice.
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## **Arrangements for setting key management personnel remuneration**
The Board gives their time freely and no trustees receive remuneration in the year.
The Board have considered who the Key Management Personnel (KMP) of the charity are, as noted in the reference and administration section. Together with the Board, these KMP are those in charge of directing and controlling, running and operating the activities of the charity on a day-today basis. The pay of the KMP is reviewed annually and normally increased in accordance with average earnings. The trustees’ benchmark against pay levels of other charities and similar organisations within the sector and the region. Pay levels are set using this information together with budget and forecast information, ensuring that the charity can afford any proposed increases. The Board then agree any uplift to remuneration.
## **Organisational structure**
The Board of Trustees have overall responsibility for the management of the charitable company with the day-to-day management and leadership delegated to the Youth Service Manager. The Youth Service Manager is assisted by 1 senior youth worker and 3 youth workers, and 1 youth work apprentice, as well as several committed volunteers. The Youth Service Manager receives regular supervision and annual appraisal from the CEO of St Anthony of Padua Community Association and is a part of the Senior Management team which assist's the CEO in the day-to-day management and leadership of the organisation. St Anthony's Youth Education and Support also continues to receive financial support through an annual grant and infrastructure support including HR and administration from St Anthony of Padua Community Association.
## **Wider Network**
The organisation has five trustees who are from a wide range of professional backgrounds who are responsible for the financial direction of the charity. T P O'Grady and D Robinson are trustees of St Anthony's Youth Education and Support (SAYES) and of St Anthony of Padua Community Association, (STAPCA), charity number 517745 and company number 02025848 (England and Wales). STAPCA has provided services at arm’s length and on normal commercial terms.
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## **Trustees report**
## **Risk management**
The Governance arrangements ensure effective oversight of risk management across the organisation. There is an agreed action plan with set objectives and key outcomes to be achieved each year as well as a five-year plan to ensure the sustainability of the organisation.
The Senior Management Team meet regularly throughout the year and on a quarterly basis conduct Health and Safety Reviews. A robust monitoring process is in place and operational and financial reports are provided to the Trustees at each Trustee meeting.
The Chief Executive of St Anthony of Padua Community Association ensures regular risk audits through a variety of internal and external inspections and operational management is monitored through regular supervision meetings with senior managers. We regularly review our staffing structure to ensure operational effectiveness and safe working practices. The Youth Service Manager keeps policies and procedures under review and seeks approval when required from Trustees for any proposed changes.
## **Objects and Aims**
For over 50 years youth services have been delivered from the John Boste Youth Centre until it was demolished in October 2018. We continued to operate from an interim space in St Anthony of Padua community centre until October 2019 when the service moved into their new youth building adjacent to the community centre.
The charity's objects as set out in the governing document are as follows…….
## **The advancement of education of young people through their leisure-time activities to develop their physical, mental, and spiritual capacity so that they may grow to full maturity as individuals and members of society and that their conditions of life may be improved.**
The Bostey, as it is known locally, has always been a place where young people can go, be welcomed, engage in activities, and be helped to grow in every way. We have an annual delivery plan to support our work, focusing on continual improvement, alongside a commitment to continuing professional development and supporting the team and volunteers to reach their full potential to ensure high-quality, person-centred services that allow every individual needs to have an individual response for their individual growth and development.
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## **Fundraising Disclosures**
The Bostey is extremely fortunate to have had another successful year in terms of fundraising. Support from trusts, individuals, business owners, the local community and volunteers who give up 100’s of hours of their time, continues to overwhelm the staff team and trustees of the charity. Without this support the Bostey would not be able to maintain the level of services it provides as well as continue to grow and develop to meet the demands of the local community and current trends.
Core funding in the youth sector is rare, especially for more than one year and for a small neighbourhood youth charity like the Bostey it can be unheard of, but we feel extremely privileged that for the last 5 years we have receive core funding support from several different grant givers as well as St Anthony of Padua Community Association, and an organsation that supports our charitable aims and objectives. Without these supporters, we would not survive and the work we do could not be achieved.
- **The Ballinger Trust**
- **LGA Foundation**
- **Sir James Knott Trust**
- **St Anthony of Padua Community Association**
- **The National Lottery Community Fund**
Core funding contributes and makes our youth team exist, the building stay open, the heating to be turned and many other things that contribute to the core costs of the organisation. Receiving core funding also allows us to maintain our identity and have the freedom to work in the way that we know works best in our local community.
**Project funding** is amazing and supports youth workers and young people to bring their creative ideas for projects and learning alive.
Grant funding received from:
**Streetgames UK Newcastle City Council**
**NE Youth**
**Community Foundation Tyne and Wear National Citizenship Service**
The charity is required to report on how it deals with fundraising from the public. The charity does not use a professional fundraiser or commercial participator to raise funds. Any monies raised directly from the public follows all guidelines set out by the Charity Commission and UK law in every respect. We respect the privacy and contact preferences of all public donors. So, a big thank you to all of our funders and supporters, we really appreciate what you do for the Bostey.
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## **Public Benefit**
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales
## **Policy on reserves**
Free reserves are those unrestricted reserves excluding those invested in fixed assets and any longterm commitments.
It is the policy of the charity to build free reserves to a level which equates to around 12 months’ running costs and be able to respond to emergency situations that may arise from time to time. At the current time, this equates to free reserves of around £180,000 to £230,000.
At the year end, the charity had free reserves of £172,072 (i.e. those unrestricted reserves represented by net current assets).
The trustees recognise that this falls slightly short of the free reserves target and note that the charity needs to further build its reserves by trying to achieve a surplus in the future, whilst continuing to deliver the services required by its beneficiaries.
## **Future Plan 2024-2025**
The Bostey achieved many of the targets set out in the annual report for 23-24, including taking two members of the team and five young people on a delegation visit to little Rock, Arkansas Arizona, we grew the Follow Your Dreams project and secured funding for it until March 2025, we also employed our 2[nd] youth worker apprentice. Of course, there were ideas and targets which we didn’t achieve but we will continue to work towards those and continue to challenge ourselves with new ideas and targets, with the support the trustees.
Plans for 2024:
- **Explore the offer of provision on a Saturday and Sunday, resulting in a day-a week service.**
- **Explore the offer of exclusive SEN sessions**
- **Create provision 16 – 19 years olds**
- **Continue developing corporate giving opportunity for businesses.**
- **Secure funding for the continuation of the youth worker apprenticeship programme** .
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## **Trustees report**
## **Going Concern**
The Bostey has continued to be successful in terms of receiving grants, and as well as maintaining current provision we have also been able to develop new projects throughout the year. Applying for grant funding will continue to be a part of our planning and we understand that this is a competitive field but are confidence our work from previous years and the relationships we have built up with funders over the last 20 years will play a part in supporting us to secure future funding.
The trustees have prepared a budget and cashflow forecast, including consideration of the financial impact if there was a loss of income through grant funding and have concluded that the charity continues to be a going concern for the foreseeable future. On that basis they have continued to adopt the going concern basis when preparing the financial statement.
## **Statement of Trustee’s Responsibilities**
The trustees (who are also the directors of St Anthony's Youth Education and Support for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period.
In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and 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.
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## **Reappointment of independent examiner**
A resolution to re-appoint **Simon Brown BA ACA DChA** as independent examiner for the ensuring year will be proposed at the Annual General Meeting.
The annual report was approved by the trustees of the charity on ...........................…………and 11 December 2024 signed on its behalf by:
........................................................................... Tim O'Grady 11 Dec 2024 12:10:22 GMT (UTC +0)
NAME: Tim O’Grady
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## **ST ANTHONY'S YOUTH EDUCATION AND SUPPORT**
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF ST ANTHONY'S YOUTH EDUCATION AND SUPPORT**
I report to the trustees on my examination of the financial statements of St Anthony's Youth Education and Support (the charity) for the year ended 31 March 2024.
## **Responsibilities and basis of report**
As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements of the charity 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 the charity’s financial statements carried out under section 145 of the Charities Act 2011 (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**
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 charity as required by section 386 of the 2006 Act; or
- 2 the financial statements do not accord with those records; or
- 3 the financial statements 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 financial statements 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 financial statements to be reached.
Simon Brown 13 Dec 2024 11:05:01 GMT (UTC +0)
## **Simon Brown BA ACA DChA**
Azets Audit Services Bulman House Regent Centre Gosforth Newcastle Upon Tyne NE3 3LS
13/12/2024 Dated: .........................
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## **ST ANTHONY'S YOUTH EDUCATION AND SUPPORT**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 31 MARCH 2024**_
|**Current financial year**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**Notes**
**£**
**£**
**Income from:**
Donations and legacies
**2**
79,686
134,425
**Expenditure on:**
Charitable activities
**3**
85,104
147,642
**Net expenditure for the year/**
**Net movement in funds**
(5,418)
(13,217)
Fund balances at 1 April 2023
219,866
29,345
**Fund balances at 31 March 2024**
214,448
16,128|**Total**
**2024**
**£**
214,111
232,746
(18,635)
249,211
230,576|**Total**
**2023**
**£**
190,225
205,822
(15,597)
264,808
249,211|
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
## **Prior financial year**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2023**
**2023**
**Notes**
**£**
**£**
**Income from:**
Donations and legacies
**2**
68,635
121,590
**Expenditure on:**
Charitable activities
**3**
86,985
118,837
Gross transfers between funds
30,000
(30,000)
**Net expenditure for the year/**
**Net movement in funds**
11,650
(27,247)
Fund balances at 1 April 2022
208,216
56,592
**Fund balances at 31 March 2023**
219,866
29,345|**Total**
**2023**
**£**
190,225
205,822
-
(15,597)
264,808
249,211|
|---|---|
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## **ST ANTHONY'S YOUTH EDUCATION AND SUPPORT**
## **BALANCE SHEET**
## _**AS AT 31 MARCH 2024**_
|||**2024**||**2023**||
|---|---|---|---|---|---|
||**Notes**|**£**|**£**|**£**|**£**|
|**Fixed assets**||||||
|Tangible assets|**9**||42,376||50,788|
|**Current assets**||||||
|Debtors|**10**|5,933||-||
|Cash at bank and in hand||209,980||261,443||
|||215,913||261,443||
|**Creditors: amounts falling due within**||||||
|**one year**|**11**|(27,713)||(63,020)||
|Net current assets|||188,200||198,423|
|**Total assets less current liabilities**|||230,576||249,211|
|**Income funds**||||||
|Restricted funds|**14**||16,128||29,345|
|Unrestricted funds|||214,448||219,866|
||||230,576||249,211|
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2024.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
11/12/2024
The financial statements were approved by the Trustees on .........................
Tim O'Grady 11 Dec 2024 12:10:22 GMT (UTC +0)
..............................
Tim O’Grady **Trustee**
## **Company registration number 06917895**
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## **ST ANTHONY'S YOUTH EDUCATION AND SUPPORT**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **1 Accounting policies**
## **Charity information**
St Anthony's Youth Education and Support is a private company limited by guarantee incorporated in England and Wales. The registered office is The Bostey, Church Street, Walker, Newcastle upon Tyne, NE6 3NG.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's [governing document], the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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 not to prepare a Statement of Cash Flows.
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, 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.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
## **1.4 Income**
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
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## **ST ANTHONY'S YOUTH EDUCATION AND SUPPORT**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **1 Accounting policies**
## **(Continued)**
Deferred income represents amounts received for future periods and is released to incoming resources in the period for which, it has been received. Such income is only deferred when:
- The donor specifies that the grant or donation must only be used in future accounting periods; or
- The donor has imposed conditions which must be met before the charity has unconditional entitlement
## **1.5 Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **Governance costs**
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustee meetings and reimbursed expenses.
## **Support costs**
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
## **1.6 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:
Leasehold land and buildings 15% reducing balance Furniture and equipment 15% reducing balance Computer equipment 33% reducing balance Motor vehicles 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 Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
## _**Basic financial assets**_
## **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.
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## **ST ANTHONY'S YOUTH EDUCATION AND SUPPORT**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **1 Accounting policies**
## **(Continued)**
## _**Basic financial liabilities**_
## **Creditors**
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.
## **VAT**
The charitable company is not registered for VAT. Resources expended include VAT which cannot be recovered and is reported as part of the expenditure to which it relates.
.
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
## **1.8 Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **1.9 Retirement benefits**
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.
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## **ST ANTHONY'S YOUTH EDUCATION AND SUPPORT**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **2 Donations and legacies**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**£**
**£**
Donations and gifts
14,832
-
Grants from other charities
64,854
134,425
79,686
134,425
**Grants receivable for core activities**
Community Foundation
-
4,000
National Lottery
-
36,414
Ernest Cook Trust
-
-
National Heritage
-
-
The Clothworkers Fund
-
-
Grants below £2,000
50
2,050
Sir James Knott Trust
11,000
-
Newcastle City Council
-
41,869
Street Games
-
33,728
St Anthony of Padua Community Association
43,804
-
Ballinger Trust
10,000
5,167
Centre West Ncle Hat Trick NCS
-
11,197
64,854
134,425|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2023**
**2023**
**£**
**£**
**£**
14,832
10,942
-
199,279
57,693
121,590
214,111
68,635
121,590
4,000
-
4,800
36,414
-
18,859
-
-
4,930
-
-
9,701
-
-
10,000
2,100
1,673
2,640
11,000
11,000
-
41,869
1,200
48,836
33,728
-
21,824
43,804
43,820
-
15,167
-
-
11,197
-
-
199,279
57,693
121,590|**Total**
**2023**
**£**
10,942
179,283|
|---|---|---|
|||190,225|
|||4,800
18,859
4,930
9,701
10,000
4,313
11,000
50,036
21,824
43,820
-
-|
|||179,283|
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VirtualSignature Transaction Ref. PZ8C-KK25-3V97 13 Dec 2024 11:05:04 GMT (UTC +0) D 1/1 P 25/31
## **ST ANTHONY'S YOUTH EDUCATION AND SUPPORT**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **3 Charitable activities**
||**John Boste**|**John Boste**|
|---|---|---|
||**Youth**|**Youth**|
||**Centre**|**Centre**|
||**2024**|**2023**|
||**£**|**£**|
|Staff costs|119,144|96,607|
|Depreciation and impairment|10,921|13,289|
|Rent|9,999|10,000|
|Light and heat|2,717|2,550|
|Insurance|1,111|1,123|
|Repairs|7,678|7,479|
|Admin and misc equipment|740|3,128|
|Sundry|473|2,869|
|Card and cheque expenses|63,900|54,265|
|Minibus expenses|1,861|-|
||218,544|191,310|
|Share of support costs (see note 4)|5,374|5,537|
|Share of governance costs (see note 4)|8,828|8,975|
||232,746|205,822|
|**Analysis by fund**|||
|Unrestricted funds|85,104|86,985|
|Restricted funds|147,642|118,837|
||232,746|205,822|
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VirtualSignature Transaction Ref. PZ8C-KK25-3V97 13 Dec 2024 11:05:04 GMT (UTC +0) D 1/1 P 26/31
## **ST ANTHONY'S YOUTH EDUCATION AND SUPPORT**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **4 Support costs**
|**Support**
**costs**
**Governance**
**costs**
**£**
**£**
Staff costs
4,621
5,408
Communications and IT
753
-
Independent examiners
fees
-
3,420
5,374
8,828
Analysed between
Charitable activities
5,374
8,828|**2024**
**Support**
**costs**
**Governance**
**costs**
**£**
**£**
**£**
10,029
5,031
6,155
753
506
-
3,420
-
2,820
14,202
5,537
8,975
14,202
5,537
8,975|**2023**
**£**
11,186
506
2,820|
|---|---|---|
|||14,512|
|||14,512|
The charity allocates costs direct to activities as far as possible, then identifies the remaining costs of its support functions. It then identifies those costs which relate to the governance function. Having identified its governance costs, the remaining support costs together with the governance costs are
apportioned between the key charitable activities undertaken in the year. The basis for apportionment and the analysis of support and governance costs is set out as follows:
Direct to support: Communications and IT Direct to governance: Independent examiner fees
Staff costs are split based on a percentage of the CEO and parish secretary time spent on governance.
## **5 Auditor's remuneration**
||**2024**|**2023**|
|---|---|---|
||**£**|**£**|
|Examination of the financial statements|3,420|3,120|
## **6 Trustees**
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
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VirtualSignature Transaction Ref. PZ8C-KK25-3V97 13 Dec 2024 11:05:04 GMT (UTC +0) D 1/1 P 27/31
## **ST ANTHONY'S YOUTH EDUCATION AND SUPPORT**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **7 Employees**
The average monthly number of employees during the year was:
|Youth workers
Finance and admin
Total
**Employment costs**
Wages and salaries
Other pension costs|**2024**
**Number**
5
1
6
**2024**
**£**
128,006
1,167
129,173|**2023**
**Number**
6
1|
|---|---|---|
|||7|
|||**2023**
**£**
106,652
1,141|
|||107,793|
The total employee benefits of the key management personnel of the charity were £32,750 (2023 - £32,763).
There were no employees whose annual remuneration was more than £60,000.
## **8 Taxation**
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
## **9 Tangible fixed assets**
|**Leasehold**
**land and**
**buildings**
**Furniture and**
**equipment**
**Computer**
**equipment**
**Motor vehicles**
**£**
**£**
**£**
**£**
**Cost**
At 1 April 2023
10,316
29,240
9,772
30,660
Additions
-
1,299
1,210
-
At 31 March 2024
10,316
30,539
10,982
30,660
**Depreciation and impairment**
At 1 April 2023
2,416
11,621
7,497
7,665
Depreciation charged in the year
1,185
2,838
1,150
5,749
At 31 March 2024
3,601
14,459
8,647
13,414
**Carrying amount**
At 31 March 2024
6,715
16,080
2,335
17,246
At 31 March 2023
7,900
17,619
2,274
22,995|**Total**
**£**
79,988
2,509|
|---|---|
||82,497|
||29,199
10,922|
||40,121|
||42,376|
||50,788|
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VirtualSignature Transaction Ref. PZ8C-KK25-3V97 13 Dec 2024 11:05:04 GMT (UTC +0) D 1/1 P 28/31
## **ST ANTHONY'S YOUTH EDUCATION AND SUPPORT**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **10 Debtors**
|**Amounts falling due within one year:**
Trade debtors
Prepayments and accrued income
**Creditors: amounts falling due within one year**
**Notes**
Deferred income
**12**
Other creditors
Accruals and deferred income
**Deferred income**
Other deferred income
Deferred income is included in the financial statements as follows:
Deferred income is included within:
Current liabilities
Movements in the year:
Deferred income at 1 April 2023
Released from previous periods
Resources deferred in the year
Deferred income at 31 March 2024|**2024**
**2023**
**£**
**£**
2,200
-
3,733
-
5,933
-
**2024**
**2023**
**£**
**£**
3,659
50,020
20,934
10,180
3,120
2,820
27,713
63,020
**2024**
**2023**
**£**
**£**
3,659
50,020
**2024**
**2023**
**£**
**£**
3,659
50,020
50,020
32,755
(50,020)
(18,135)
3,659
35,400
3,659
50,020|
|---|---|
## **11 Creditors: amounts falling due within one year**
## **12 Deferred income**
## **13 Retirement benefit schemes**
## **Defined contribution schemes**
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.
The charge to profit or loss in respect of defined contribution schemes was £1,167 (2023 - £1,141).
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VirtualSignature Transaction Ref. PZ8C-KK25-3V97 13 Dec 2024 11:05:04 GMT (UTC +0) D 1/1 P 29/31
## **ST ANTHONY'S YOUTH EDUCATION AND SUPPORT**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **14 Restricted funds**
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
|**Movement in funds**
**Balance at**
**1 April 2022**
**Incoming**
**resources**
**Resources**
**expended**
**£**
**£**
**£**
Ernest Cook Trust
-
4,930
(3,860)
National Heritage
-
9,701
-
New Minibus
20,000
10,000
-
Young People's Hub
8,742
-
-
National Lottery
-
18,859
(16,294)
Street Games
-
21,824
(21,824)
Newcastle City Council
-
48,836
(48,036)
Community Foundation
27,350
4,800
(25,683)
Follow Your Dreams
500
-
(500)
Grants below £2k
-
2,640
(2,640)
Centre West Ncle Hat Trick NCS
-
-
-
Ballinger Trust
-
-
-
56,592
121,590
(118,837)|**Movement in funds**
**Transfers**
**Balance at**
**1 April 2023**
**Incoming**
**resources**
**Resources**
**expended**
**Balance at**
**31 March 2024**
**£**
**£**
**£**
**£**
**£**
-
1,070
-
(1,070)
-
-
9,701
-
(9,701)
-
(30,000)
-
-
-
-
-
8,742
-
-
8,742
-
2,565
36,414
(38,979)
-
-
-
33,728
(32,260)
1,468
-
800
41,869
(39,334)
3,335
-
6,467
4,000
(10,467)
-
-
-
-
-
-
-
-
2,050
(2,050)
-
-
-
11,197
(11,197)
-
-
-
5,167
(2,584)
2,583
(30,000)
29,345
134,425
(147,642)
16,128|**Movement in funds**
**Transfers**
**Balance at**
**1 April 2023**
**Incoming**
**resources**
**Resources**
**expended**
**Balance at**
**31 March 2024**
**£**
**£**
**£**
**£**
**£**
-
1,070
-
(1,070)
-
-
9,701
-
(9,701)
-
(30,000)
-
-
-
-
-
8,742
-
-
8,742
-
2,565
36,414
(38,979)
-
-
-
33,728
(32,260)
1,468
-
800
41,869
(39,334)
3,335
-
6,467
4,000
(10,467)
-
-
-
-
-
-
-
-
2,050
(2,050)
-
-
-
11,197
(11,197)
-
-
-
5,167
(2,584)
2,583
(30,000)
29,345
134,425
(147,642)
16,128|
|---|---|---|
|||16,128|
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VirtualSignature Transaction Ref. PZ8C-KK25-3V97 13 Dec 2024 11:05:04 GMT (UTC +0) D 1/1 P 30/31
## **ST ANTHONY'S YOUTH EDUCATION AND SUPPORT**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **14 Restricted funds**
**(Continued)**
The specific purposes for which the funds are to be applied are as follows:
New Minibus - A grant of £20,000 was received from The 1989 Willan Charitable Trust and £10,000 from the Clothworkers fund to be used towards the cost of a new minibus. This was purchased during year to 31 March 2023.
Young People's Hub - In 2016 and 2017, the entity received numerous grants to enable them to convert a bus into a youth centre. However in 2017 trusts were written to and asked if their contributions could be used towards building a new youth hub. Grants have been further ring-fenced as further responses have been received and will now contribute to the cost of equipment and furniture for the new youth centre.
National Lottery - The grant will pay towards the salaries of an existing Youth Centre Manager, Senior Youth Worker, Youth Development Worker and a new Youth Worker.
Street Games - The grant will pay towards the ongoing Activity and Food Programme.
Newcastle City Council - Grants towards the cost of the following: staff salaries, management costs, building costs, activity costs, Winter Warm Hub, Christmas activities and transport.
Community Foundation - £4,000 towards the salary costs and material for a local artist to deliver film making, photography, radio broadcasting and creative art sessions.
Follow your dreams - A grant towards the cost of the following: staff salaries, management costs, building costs, activity costs and transport.
National Heritage - The grant will pay towards a research project about Walker and the surrounding area.
Ernest Cook Trust - A grant towards the Community Garden, covering capital costs as well as materials.
Ballinger Trust - towards the shortfall in costs towards apprenticeship 2.
Centre West Ncl Hat Trick NCS - work with 25 young people aged 15-17 years old and deliver 48 hours and 3 experiences x 25 = 75 during year.
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VirtualSignature Transaction Ref. PZ8C-KK25-3V97 13 Dec 2024 11:05:04 GMT (UTC +0) D 1/1 P 31/31
## **ST ANTHONY'S YOUTH EDUCATION AND SUPPORT**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **15 Analysis of net assets between funds**
|**Unrestricted**
**funds**
**Restricted**
**funds**
**2024**
**2024**
**£**
**£**
Fund balances at 31
March 2024 are
represented by:
Tangible assets
42,376
-
Current assets/(liabilities)
172,072
16,128
214,448
16,128|**Total** **Unrestricted**
**funds**
**Restricted**
**funds**
**2024**
**2023**
**2023**
**£**
**£**
**£**
42,376
50,788
-
188,200
169,078
29,345
230,576
219,866
29,345|**Total**
**2023**
**£**
50,788
198,423
249,211|
|---|---|---|
## **16 Related party transactions**
There were no disclosable related party transactions during the year (2023 - none).
## **Transactions with related parties**
During the year the charity made the following related party transactions:
## **St Anthony Of Padua Community Association**
T P O'Grady and D Robinson are also trustees of St Anthony of Padua Community Association, Charity No 517745 and Company No 02025848 (England and Wales).
During the year St Anthony of Padua Community Association:
- Recharged wages costs to St Anthony's Youth Education and Support of £121,332 (2023: £100,351)
- Recharged rent to St Anthony's Youth Education and Support of £10,000 (2023: £10,000)
• Recharged establishment costs of £8,006 (2023: £9,073)
Made donations of £43,804 to St Anthony's Youth Education and Support (2023: £43,820) comprising of:
- an annual subsidy of £26,400 (2023: £26,400)
- a wages subsidy of £7,404 (2023: £7,420)
- a donation of £10,000 (2022: £10,000) to cover rental charges
At the balance sheet date the amount due to St Anthony Of Padua Community Association was £20,934 (2023: £10,180)
## **17 Ultimate controlling party**
In the opinion of the trustees there is no ultimate controlling party other than the trustees themselves.
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