2023-06-30-accounts

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The Door Youth Project

Charity No. 1131919

Company No. 06999936

Trustees' Report and Unaudited Accounts

30 June 2023

The Door Youth Project Contents

	Pages
Trustees' Annual Report	2 to 4
Independent Examiner's Report		5
Statement of Financial Activities		6
Summary Income and Expenditure Account		7
Balance Sheet		8
Notes to the Accounts	9 to	17
Detailed Statement of Financial Activities	18 to	20

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tontrrjs are in Fla to prode rewnible asyxartsa8ainstfr•ud error. We malntsln a risk re8lsterwhlth is undercontinuous r¥. REFERENCE AND ADMWtsrRATINf DETAILS R¥ht•r•d C4mnY numb•r 06999936 IEn8land and WalEsI 1131919 RWt•Mdolnt• 445 Hl8h Street StroLI GL5 IAN Trwt• K Mor84ri E Cowen A.R 04un5eye S 8e•tt5¢ Ire51ir¥2d 12 Octdjer 20221 T Bradshaw G Ayre A Rl8l•r l•ppolnted 10 Aprll 2023.. r•l&rwd 12 JUM 20231 P Tampklns l•ppolnt•d 16 May 20231 The charlty h•5 no ccfporate truste4 and hptruslee5 hold dtl•to •ny wop•rty bel¢hi81ry to (hadty. No funds are held as oJstod14n tru5t•es on beh•Kof othtrs. Comp•ny S•tv•t•ry Indwwd•nt •umfn•r Abaqus Ilm5ted 49 8rlonneW•y Lon8le¥éns GIw¢4St•r 6L20TW Tho Co-Opernv• B•nk PO Box 250 Skrnvr5d•le WN8 6wr Approved by¢•rd•r of the L)ard of tntstEs on 7 September2023 •nd ned on Its behalt bv.. ham Ayre Treasurer Page 4

The Door Youth Project Independent Examiners Report

Independent Examiner's Report to the trustees of The Door Youth Project

I report to the charity trustees on my examination of the financial statements of The Door Youth Project for the year ended 30 June 2023.

Responsibilities and basis of report

As the charity's trustees of the company (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 your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

As the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ACCA, which is one of the listed bodies.

I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe:

accounting records were not kept in accordance with section 386 of the 2006 Act ; or
the financial statements do not accord with those records; or
the financial statements do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination; or
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.

Thomas Payne ACCA Abaqus Limited 49 Brionne Way Longlevens Gloucester

GL2 0TW 07 September 2023

Page 5

The Door Youth Project Statement of Financial Activities

for the year ended 30 June 2023

for the year ended 30 June 2023 The Door Youth Project Statement of Financial Activities
Notes Income and endowments from: Donations and legacies 4 Charitable activities 5 Other trading activities 6 Investments 7 Other 8 Total Expenditure on: Raising funds 9 Charitable activities 10 Other 11 Total Net gains on investments Net expenditure 12 Transfers between funds Net expenditure before other gains/(losses) Other gains and losses Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward	Unrestricted funds 2023 £ 95,459 264,065 1,995 4,773 -	Restricted funds 2023 £ 195,254 4,920 340 - -	Total funds 2023 £ 290,713 268,985 2,335 4,773 -	Total funds 2022 £ 309,931 241,382 3,708 741 20,000
	366,292 553 285,030 217,785	200,514 - 144,905 17,938	566,806 553 429,935 235,723	575,762 34,504 404,649 184,882
	503,368 -	162,843 -	666,211 -	624,035 -
	(137,076) -	37,671 -	(99,405) -	(48,273) -
	(137,076)	37,671	(99,405)	(48,273)
	(137,076) 340,328	37,671 90,216	(99,405) 430,544	(48,273) 478,817
	203,252	127,887	331,139	430,544

Page 6

The Door Youth Project Summary Income and Expenditure Account

for the year ended 30 June 2023

Income Interest and investment income Gross income for the year Expenditure Depreciation and charges for impairment of fixed assets Total expenditure for the year Net expenditure before tax for the year Net expenditure for the year	2023 £ 562,033 4,773 566,806 662,362 3,849 666,211 (99,405) (99,405)	2022 £ 575,021 741
		575,762
		621,295 2,740
		624,035
		(48,273)
		(48,273)

Page 7

The Dooryouth Prt)jett Balancesheet at 30 June 2023 Company No. 06999936 2023 Fl¥ed assets Tangible assets 14 5,175 5.175 5,6C 5,608 Current I•1$ stocks 1,075 1,196 20,424 414.311 435.931 110.9951 424,936 430.544 eDtors Cash at bank arxl in hand 317,030 336.749 110.7851 325.964 CredttorJ.' Amount falllAg due wthln one year Net ¢urrent assets 17 Tot41 •uets lem curr•nt Ihb51111es 331,139 N¢t •sts exdUd1 penthn •u¢t or Il•blllty Totsl n4t •sMts 33L139 430,$44 33L139 430,544 The funds olthe ch•r R•rtrkt•d funds Réstrirted kncome fvnds 127.887 127.887 90,216 ),216 Unrertrkt•d fund• General funds Désnated fund5 197,992 5,2f4) 285,328 55.C#)J 203,252 340328 Reser Tot1 funds 331,139 430,544 These occounts have been prepared In accordantè with the special provislons of Part IS of tht Companies Ad 2C¥J6 relating to srnall cornpanie& For the year ended 30June 2023 the company was enthltd to exemptlon undersertion 477 ofthe Companies Art rel•tlng to small compan$. The rnembefs hève not required the comwny to obtaln on audit In actordance w7th sertlon 476 ofthe Companles Act 2W6. Th• dIreCto acknowledgethek respon%bilttles for comptyirva with the requinntnts of the Companies Act 2C•J6 wlth rèspert to accountln8 records and the wepawatioTr of Ktounts. Approved by the board on 07 September 2023 And s*ned on Its behalfby.. Ayre Trustee 07 Septernber 2023 Page 8

The Door Youth Project Notes to the Accounts

for the year ended 30 June 2023

1 Accounting policies

Basis of preparation

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 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.

Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal. Income Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability. Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income. Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable.

Page 9

The Door Youth Project Notes to the Accounts

Expenditure

Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs. Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. Other expenditure These are support costs not allocated to a particular activity.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Plant and machinery 25% Reducing balance Computer equipment 33% Straight line

Intangible fixed assets (including purchased goodwill, patents and trademarks) are carried at cost less accumulated amortisation and impairment losses.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other 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 due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other 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.

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The Door Youth Project Notes to the Accounts

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.

Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

2 Company status

The company is a private company limited by guarantee and consequently does not have share capital.

Page 11

The Door Youth Project Notes to the Accounts

3 Statement of Financial Activities - prior year

3 Statement of Financial Activities - prior year The Door Youth Project Notes to the Accounts
Income and endowments from: Donations and legacies Charitable activities Other trading activities Investments Other Total Expenditure on: Raising funds Charitable activities Other Total Net income Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 4 Income from donations and legacies Donations Gift aid Local authority grants	Unrestricted £ 79,750 8,209 7,500 95,459	Unrestricted funds 2022 £ 113,611 238,382 3,708 741 20,000 376,442 34,504 139,662 168,225 342,391 34,051 34,051 34,051 306,277 340,328 Restricted £ 171,254 - 24,000 195,254	Restricted funds 2022 £ 196,320 3,000 - - - 199,320 - 264,987 16,657 281,644 (82,324) (82,324) (82,324) 172,540 90,216 Total 2023 £ 251,004 8,209 31,500 290,713	Total funds 2022 £ 309,931 241,382 3,708 741 20,000
				575,762 34,504 404,649 184,882
				624,035
				(48,273)
				(48,273)
				(48,273) 478,817
				430,544
				Total 2022 £ 248,494 7,770 53,667
				309,931

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The Door Youth Project

Notes to the Accounts

The Door Youth Project Notes to the Accounts
5 Income from charitable activities Charity shop Intensive support services Youth work services Christian outreach 6 Income from other trading activities Fundraising and other income 7 Income from investments Deposit account interest 8 Other income Rent 9 Expenditure on raising funds Fundraising trading costs Fundraising and other income	Unrestricted £ 84,592 46,224 131,882 1,367 264,065 Unrestricted £ 1,995 1,995	Restricted £ - - 3,000 1,920 4,920 Restricted £ 340 340 Unrestricted £ 4,773 4,773 Unrestricted £ 553 553	Total 2023 £ 84,592 46,224 134,882 3,287 268,985 Total 2023 £ 2,335 2,335 Total 2023 £ 4,773 4,773 Total 2023 £ - -	Total 2022 £ 78,842 31,024 128,516 3,000
				241,382
				Total 2022 £ 3,708
				3,708
				Total 2022 £ 741
				741
				Total 2022 £ 20,000
				20,000

			Total 2023 £ 553 553	Total 2022 £ 34,504
				34,504

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The Door Youth Project Notes to the Accounts

10 Expenditure on charitable activities

10 Expenditure on charitable activities The Door Youth Project Notes to the Accounts
Expenditure on charitable activities Charity shop Intensive support services Youth work services Christian outreach 11 Other expenditure Employee costs Motor and travel costs Premises costs Amortisation, depreciation, impairment, profit/loss on disposal of fixed assets General administrative costs Legal and professional costs 12 Net expenditure before transfers This is stated after charging: Depreciation of owned fixed assets 13 Staff costs Salaries and wages	Unrestricted £ 44,711 65,971 160,913 13,435 285,030 Unrestricted £ 136,035 10,448 51,804 3,849 12,830 2,819 217,785	Restricted £ - 128,618 21,394 (5,107) 144,905 Restricted £ 12,718 2,178 5 - 3,037 - 17,938 2023 £ 3,849 2023 550,877 550,877	Total 2023 £ 44,711 194,589 182,307 8,328 429,935 Total 2023 £ 148,753 12,626 51,809 3,849 15,867 2,819 235,723	Total 2022 £ 42,425 154,767 195,684 11,773
				404,649
				Total 2022 £ 72,237 1,913 59,660 2,740 37,420 10,912
				184,882
				2022 £ 2,740 2022 461,495
				461,495

No employee received emoluments in excess of £60,000.

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The Door Youth Project Notes to the Accounts

14 Tangible fixed assets

14 Tangible fixed assets
Cost or revaluation At 1 July 2022 Additions At 30 June 2023 Depreciation and impairment At 1 July 2022 Depreciation charge for the year At 30 June 2023 Net book values At 30 June 2023 At 30 June 2022 15 Stocks Finished goods Carrying value analysed by activities Charity shop 16 Debtors Trade debtors Other debtors 17 Creditors: amounts falling due within one year Trade creditors Other taxes and social security Other creditors Accruals	Plant and machinery £ 20,368 - 20,368 19,994 94 20,088 280 374 2023 £ 1,075 1,075 2023 £ 1,075 1,075 2023 £ 15,841 2,803 18,644 2023 £ 1,553 8,512 - 720 10,785	Computer equipment £ 7,849 3,416 11,265 2,615 3,755 6,370 4,895 5,234	Total £ 28,217 3,416
			31,633
			22,609 3,849
			26,458
			5,175
			5,608
			2022 £ 1,196
			1,196
			2022 £ 1,196
			1,196
			2022 £ 18,123 2,301
			20,424
			2022 £ 666 9,292 317 720
			10,995

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The Door Youth Project Notes to the Accounts

18 Movement in funds

18 Movement in funds The Door Youth Project Notes to the Accounts
	At 1 July 2022 64,123 25,941 - 152 90,216 285,328 10,000 45,000 55,000 430,544	Incoming resources (including other gains/losses) £ 155,817 36,798 7,899 - 200,514 366,292 - - - 566,806	Resources expended £	Gross transfers £ - - - - - 49,740 (4,740) (45,000) (49,740) -	At 30 June 2023 £ 89,199 38,675 - 13
Restricted funds: Restricted income funds: Intensive support services Youth work services Christian outreach General Total Unrestricted funds: General funds Designated funds: Relocation costs Development of services in Cotswold District Total Total funds
			(130,741)
			(24,064)
			(7,899)
			(139)
			(162,843) (503,368) - - - (666,211)
					127,887
					197,992 5,260 -
					5,260

					331,139

19 Analysis of net assets between funds

Analysis of net assets between funds
Fixed assets Net current assets Reconciliation of net debt Cash and cash equivalents Net debt	At 1 July 2022 £	Unrestricted funds £ 5,175 325,964 331,139 Cash flows £	Total £ 5,175 325,964
			331,139
			At 30 June 2023 £
	414,311	(97,281)	317,030
	414,311 414,311	(97,281) (97,281)	317,030
			317,030

20 Reconciliation of net debt

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The Door Youth Project Notes to the Accounts

21 Related party disclosures

Controlling party

The company is limited by guarantee and has no share capital; thus no single party controls the company.

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The Door Youth Project

Detailed Statement of Financial Activities

for the year ended 30 June 2023

for the year ended 30 June 2023 The Door Youth Project Detailed Statement of Financial Activities
Income and endowments from: Donations and legacies Donations Gift aid Local authority grants Charitable activities Charity shop Intensive support services Youth work services Christian outreach Other trading activities Fundraising and other income Investments Deposit account interest Other Rent Total income and endowments Expenditure on: Costs of other trading activities Fundraising and other income Total of expenditure on raising funds Charitable activities Charity shop Intensive support services Youth work services Christian outreach Total of expenditure on charitable activities Employee costs Salaries/wages	Unrestricted funds 2023 £ 79,750 8,209 7,500	Restricted funds 2023 £ 171,254 - 24,000	Total funds 2023 £ 251,004 8,209 31,500	Total funds 2022 £ 248,494 7,770 53,667
	95,459	195,254	290,713	309,931
	84,592 46,224 131,882 1,367	- - 3,000 1,920	84,592 46,224 134,882 3,287	78,842 31,024 128,516 3,000
	264,065	4,920	268,985	241,382
	1,995	340	2,335	3,708
	1,995	340	2,335	3,708
	4,773	-	4,773	741
	4,773	-	4,773	741
	-	-	-	20,000
	-	-	-	20,000
	366,292 553	200,514 -	566,806 553	575,762 34,504
	553	-	553	34,504
	553 44,711 65,971 160,913 13,435	- - 128,618 21,394 (5,107)	553 44,711 194,589 182,307 8,328	34,504 42,425 154,767 195,684 11,773
	285,030	144,905	429,935	404,649
	285,030 131,014	144,905 7,139	429,935 138,153	404,649 65,371

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The Door Youth Project

Detailed Statement of Financial Activities

The Door Youth Project Detailed Statement of Financial Activities
Staff training Staff welfare Motor and travel costs Travel and subsistence Premises costs Rent Water rates Light, heat and power Premises cleaning Premises insurances Premises repairs and maintenance General administrative costs, including depreciation and amortisation Depreciation of Plant and machinery Depreciation of Computer equipment Bad debts Equipment expensed Equipment leasing and hire charges General insurances Information and publications Postage and couriers Software, IT support and related costs Stationery and printing Sundry expenses Telephone, fax and broadband Legal and professional costs Accountancy and bookkeeping Other legal and professional costs Total of expenditure of other costs Total expenditure Net gains on investments Net expenditure	4,845 176	5,000 579	9,845 755	6,242 624
	136,035	12,718	148,753	72,237
	10,448	2,178	12,626	1,913
	10,448	2,178	12,626	1,913
	35,045 7 7,740 113 672 8,227	- - - - - 5	35,045 7 7,740 113 672 8,232	42,272 2,404 6,838 364 611 7,171
	51,804	5	51,809	59,660
	94 3,755 (6,356) 581 2,658 1,833 2,693 658 3,164 930 738 5,931	- - - - - 196 608 - 2,150 - 83 -	94 3,755 (6,356) 581 2,658 2,029 3,301 658 5,314 930 821 5,931	125 2,615 20,000 832 2,724 1,634 1,418 947 2,567 940 306 6,052
	16,679	3,037	19,716	40,160
	720 2,099	- -	720 2,099	720 10,192
	2,819	-	2,819	10,912

	217,785	17,938	235,723	184,882
	503,368 -	162,843 -	666,211 -	624,035 -
	(137,076)	37,671	(99,405)	(48,273)

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The Door Youth Project Detailed Statement of Financial Activities

The Door Youth Project Detailed Statement of Financial Activities
Net expenditure before other gains/(losses) Other Gains Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward	(137,076) -	37,671	(99,405) -	(48,273) -
		-
	(137,076)	37,671	(99,405)	(48,273)
	340,328	90,216	430,544	478,817
	203,252	127,887	331,139	430,544

Page 20

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Independent Examiner's Report to the trustees of The Door Youth Project

Responsibilities and basis of report

Independent examiner's statement

for the year ended 30 June 2023

1 Accounting policies

Basis of preparation

Change in basis of accounting or to previous accounts

Fund accounting

Expenditure

Taxation

Tangible fixed assets and depreciation

Stocks

Trade and other debtors

Cash and cash equivalents

Trade and other creditors

Leased assets

Pension costs

2 Company status

3 Statement of Financial Activities - prior year

10 Expenditure on charitable activities

14 Tangible fixed assets

18 Movement in funds

20 Reconciliation of net debt

21 Related party disclosures

Controlling party

for the year ended 30 June 2023

The Door Youth Project

Detailed Statement of Financial Activities

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