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2024-03-31-accounts

SNAP SNAP DEVELOPMENT DEVELOPMENT PROJECT PROJECT COMPANY COMPANY LIMITED LIMITED BY BY GUARANTEE GUARANTEE FINANCIAL FINANCIAL STATEMENTS STATEMENTS FOR FOR 31 31 MARCH MARCH 2024 2024

Company Company Registration Registration Number Number 6786578 6786578 Charity Charity Number Number 113622 113622

SNAP SNAP DEVELOPMENT DEVELOPMENT PROJECT PROJECT

COMPANY COMPANY LIMITED LIMITED BY BY GUARANTEE GUARANTEE

FINANCIAL FINANCIAL STATEMENTS STATEMENTS

FOR FOR

31 31 MARCH MARCH 2024 2024

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|||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |Page| |Contents| |Contents|Page| |3| |Members|Members of|of|the|the board|board|and|and|professional|professional|advisers|advisers|3| |4-6| |Trustees'|Trustees’|annual|annual|report|report|4-6| |7| |Independent|Independent Examiner’s|Examiner's|report|report|7| |8| |Statement|Statement of|of|financial|financial|activities|activities|8| |9| |Balance|Balance|sheet|sheet|=)| |10-17| |Notes|Notes to|to|the|the financial|financial|statements|statements|10-17|

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SNAP SNAP DEVELOPMENT DEVELOPMENT PROJECT PROJECT COMPANY COMPANY LIMITED LIMITED BY BY GUARANTEE GUARANTEE

TRUSTEES’ TRUSTEES' ANNUAL ANNUAL REPORT REPORT

YEAR YEAR ENDED ENDED 31 31 MARCH MARCH 2024 2024

The The board board of of Directors Directors

S. S. Ali Ali T. T. Cannon Cannon M. M. Mangold Mangold S. S. Cooper Cooper S. S. Cotterill Cotterill S. S. Tomlinson Tomlinson (Appointed (Appointed 24 24" th April April 2023) 2023) V. V. Wharmby Wharmby

Registered Registered office office

34-40 34-40 High High Street Street South South Normanton Normanton Derbyshire Derbyshire DE55 DES55 2BP 2BP

Independent Independent Examiner Examiner

Derby Derby Community Community Accountancy Accountancy Service Service Babington Babington Lodge Lodge 128 128 Green Green lane lane Derby Derby DEI DEL-IRY: IRY.

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SNAP SNAP DEVELOPMENT DEVELOPMENT PROJECT PROJECT COMPANY COMPANY LIMITED LIMITED BY BY GUARANTEE GUARANTEE TRUSTEES' TRUSTEES’ ANNUAL ANNUAL REPORT REPORT YEAR YEAR ENDED ENDED 31 31 MARCH MARCH 2024 2024

The The trustees, trustees, who who are are also also Directors Directors for for the the purposes purposes of of the the Companies Companies Act, Act, have have pleasure pleasure in in

presenting presenting their their report report and and the the unaudited unaudited financial financial statements statements of of the the charity charity for for the the year year ended ended 31 31 March March 2024. 2024.

SUMMARY SUMMARY OF OF THE THE MAIN MAIN ACTIVITIES ACTIVITIES UNDERTAKEN UNDERTAKEN FOR THE FOR THE PUBLIC PUBLIC BENEFIT BENEFIT IN IN RELATION RELATION TO TO THESE THESE OBJECTS OBJECTS In In planning planning our our activities activities for for the the year year we we kept kept in in mind mind the the Charity Charity Commission’s Commission's guidance guidance on on public public benefit benefit at at our our trustees trustees meetings. meetings.

SNAP SNAP Development Development Project Project is is open open to to engaging engaging with with all all community community stakeholder stakeholder groups groups and and

organisations organisations as as well well as as individual individual community community members members irrespective irrespective of of race, race, gender gender or or any any other other personal personal circumstances. circumstances.

ACHIEVEMENTS ACHIEVEMENTS AND AND PERFORMANCE PERFORMANCE

Over Over the the year year we we have have provided provided support support to to 192 192 local local young young people; people; helping helping them them navigate navigate challenging challenging issues, issues, explore explore their their identity, identity, make make informed informed decisions, decisions, develop develop better better interpersonal interpersonal skills skills and and increase increase their their confidence confidence whilst whilst developing developing crucial crucial life life skills. skills. The The approach approach for for

supporting supporting the the personal personal and and social social development development of of young young people people has has been been made made possible possible by by the the staff staff team team who who work work hard hard to to create create a a positive positive culture culture and and environment environment where where young young people people feel feel a a sense sense of of acceptance acceptance and and belonging. belonging.

This This year year we we have have noticed noticed how how the the 'cost-of-living ‘cost-of-living crisis' crisis’ has has impacted impacted hard hard on on some some of of the the lowlow-

income income household household families families that that we we work work with. with. As As a a result, result, we we have have provided provided education education about about

foodbanks foodbanks and and support support services services so so families families know know where where to to go go for for help. help. With With grant grant funding funding from from the the COOP, COOP, we we have have ensured ensured accessibility accessibility for for young young people people to to access access our our cook cook and and eat eat activities. activities. This This is is a a fun fun skills-based skills-based activity activity that that supports supports young young people people gain gain knowledge knowledge and and skills skills in in

planning planning and and developing developing nutritious nutritious simple simple meals. meals. We We have have also also received received a a grant grant from from Healthy Healthy Activities Activities and and Food Food Fund Fund to to ensure ensure young young people people in in receipt receipt of of Free Free School School Meals Meals and and or or registered registered with with a a Special Special Educational Educational Need, Need, have have free free access access to to all all our our school school holiday holiday

programmes. programmes. SNAP SNAP YOUTH YOUTH acknowledge acknowledge the the importance importance of of a creating a creating childhood childhood school school holiday holiday

memories; memories; we we want want all all young young people people to to have have the the opportunity opportunity reminisce reminisce over over fun fun times times and and excitedly excitedly share share their their experiences experiences with with their their peers. peers.

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SNAP SNAP DEVELOPMENT DEVELOPMENT PROJECT PROJECT COMPANY COMPANY LIMITED LIMITED BY BY GUARANTEE GUARANTEE TRUSTEES' TRUSTEES’ ANNUAL ANNUAL REPORT REPORT YEAR YEAR ENDED ENDED 31 31 MARCH MARCH 2024 2024

Despite demand being high for young people who welcome opportunities to chat with the youth workers workersDespite about childhood demand about childhood being highexperiences, experiences, for young people social social isolation, isolation, who welcomepeer peer pressure, pressure, opportunities bullying, bullying, to chat troubled troubled with the youth relationships, relationships, the the impact impact of of cost cost of of[living,] living, mental[mental] health[health] issues[issues] and[and][being] being a[a][ young] young[carer,] carer, SNAP[SNAP] YOUTH YOUTH has has been been asked asked to to leave leave the the Thrive Thrive building. building. After After 15 15 years years delivering delivering youth youth work work services services from from the the Thrive Thrive Building Building in in South South Normanton, Normanton, South South Normanton Normanton Community Community Church Church has has served served notice notice and and want want us us to to leave leave the the building building by by the the end end of of December December 2024. 2024. The The charity, charity, which which is is currently currently supported supported by by the the Reaching Reaching Communities Communities Fund, Fund, is is hoping hoping to to get get businesses businesses and and individuals individuals on on board board to to raise raise more more than than £125,000 El 25,000 to to buy buy a a building building so so that that local local young young people people can can have have a a permanent permanent base base to to call call their their own. own.

As As a a charity, charity, we we are are concerned concerned about about the the impact impact a a forced forced closure closure will will have have on on young young people people and and the the local local community. community. The The knock-on knock-on effect effect of of losing losing professional professional youth youth work work services services in in South South

Normanton Normanton could could be be devastating devastating to to some some young young people people who who describe describe the the services services as as a a ‘being 'being like like a a family, family, their their always always someone someone friendly friendly to to talk talk to to and and its its somewhere somewhere you you can can go go and and get get advice advice when when things things go go wrong'. wrong’.

SNAP SNAP YOUTH YOUTH prides prides itself itself in in providing providing young young people people with with an an environment environment where where they they can can relax, relax,

have have fun, fun, learn learn and and feel feel comfortable comfortable talking talking about about things things that that cause cause them them anxiety anxiety and and stress. stress. The The

youth youth workers workers work work at at a a pace pace that that suits suits young young people, people, sometimes sometimes issues issues take take a a while while to to unfold unfold and and sort sort out out so so it's it’s important important to to give give them them the the time time and and support support they they need need when when they they need need it; it; it’s it's not not

always always a a quick quick fix fix solution. solution. A A young young person person explains, explains, "I “I used used to to attend attend SNAP SNAP YOUTH YOUTH when when I I

was was younger, younger, so so I I know know first-hand first-hand the the difference difference the the youth youth workers workers can can make. make. They They gave gave me me their their attention attention and and supported supported me me to to deal deal with with stuff. stuff. They They made made me me feel feel important important and and worthy”. worthy"

Our Our ambitious ambitious plan plan for for the the future future includes includes owning owning a a purpose-built purpose-built building building with with an an open-door open-door policy, policy, so so we we can can meet meet and and support support young young people people when when they they need need it. it. In In addition, addition, we we want want to to explore: explore: e Alternative Alternative provision provision for for young young people people that that struggle struggle with with mainstream mainstream education. education. e One One to to one one mentoring mentoring support support for for young young people people needing needing to to build build their their self-confidence, self-confidence, esteem esteem and and resilience. resilience. • e Therapeutic Therapeutic support support to to improve improve the the mental mental health health and and well-being well-being of of young young people. people. e Employability Employability support support for for young young people people who who are are not not in in education, education, employment employment or or training. training. e Learning Learning enrichment enrichment activities activities for for vulnerable vulnerable and and disadvantaged disadvantaged young young people. people. e Better Better access access for for young young people people who who need need additional additional special special educational educational support. support. e New New income income streams streams so so we we can can be be less less reliant reliant on on grant grant funding funding to to keep keep us us going. going.

It It would would be be fantastic fantastic if if SNAP SNAP YOUTH YOUTH could could own own building building so so young young people people always always have have somewhere somewhere to to go. go. It It would would be be a a brilliant brilliant community community resource! resource! As As I I write write I I can can report report that that SNAP SNAP YOUTH YOUTH has has raised raised £40,000 E40,000 and and have have a a pledge pledge of of £30,000 E30,000 from from the the Gosling Gosling Foundation. Foundation. We We just just need need to to raise raise a a further further E55,00. £55,00. We We have have our our eye eye on on our our current current office office building building at at 34 34 High High Street. Street. If If you you are are reading reading this this report report and and would would like like to to support support SNAP SNAP YOUTH YOUTH raise raise funds, funds, please please do do make make contact. contact.

Chairperson Chairperson SNAP SNAP DEVELOPMENT DEVELOPMENT PROJECT PROJECT

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SNAP SNAP DEVELOPMENT DEVELOPMENT PROJECT PROJECT COMPANY COMPANY LIMITED LIMITED BY BY GUARANTEE GUARANTEE

TRUSTEES' TRUSTEES’ ANNUAL ANNUAL REPORT REPORT

YEAR YEAR ENDED ENDED 31 31 MARCH MARCH 2024 2024

STRUCTURE STRUCTURE , GOVERNANCE GOVERNANCE AND AND MANAGEMENT MANAGEMENT

Governing Governing document document SNAP SNAP Development Development Project Project operates operates from from 34 34 High High Street, Street, South South Normanton, Normanton, Alfreton, Alfreton, Derbyshire Derbyshire which which is is the the company's company's registered registered office office and and the the principal principal address address of of the the charity. charity. SNAP SNAP Development Development Project Project is is a a company company limited limited by by guarantee guarantee and and not not having having a a share share capital capital (company (company registration registration No. No. 6786578) 6786578) and and Registered Registered Charity Charity (No. (No. 1136223). 1136223). This This is is in in accordance accordance with with the the charity's charity's governing governing document, document, the the Memorandum Memorandum and and Articles Articles of of Association, Association, incorporated incorporated on on 9 9 January January 2009 2009 as as amended amended by by special special resolution resolution dated dated 21 21 June June 2010. 2010.

Trustee Trustee selection selection methods methods

A A skills skills audit audit has has been been undertaken undertaken to to discover discover those those skills skills which which are are required required by by the the trustee trustee body. body. Efforts Efforts are are made made to to recruit recruit trustees trustees who who meet meet the the skill skill requirement. requirement. Emphasis Emphasis has has been been placed placed on on recruitment recruitment of of trustees trustees who who have have experience experience of of youth youth work work and and strategic strategic governance governance of of VSC VSC organisations. organisations.

Risk Risk management management management policy policy

Risk Risk management management management policy policy

The The trustees trustees examine examine the the major major risks risks that that the the charity charity faces faces each each financial financial year year when when preparing preparing and and updating updating the the strategic strategic plan. plan. The The charity charity has has developed developed systems systems to to monitor monitor and and control control these these risks risks to to mitigate mitigate any any impact impact that that they they may may have have on on the the charity charity in in the the future. future.

FINANCIAL FINANCIAL REVIEW REVIEW

Reserves Reserves Policy Policy

The The charity charity has has a a reserves reserves policy policy to to hold hold three three months months running running costs costs in in reserves. reserves. At At 31 31 March March 2024 2024 the the charity charity had had unrestricted unrestricted reserves reserves of of £22,918. E22,918.

Independent Independent Examiner Examiner

Derby Derby Community Community Accountancy Accountancy Service Service was was appointed appointed independent independent examiner examiner in in the the year. year. Derby Derby Community Community Accountancy Accountancy Service Service will will continue continue in in office office as as independent independent examiner examiner for for the the ensuing ensuing year. year.

Small Small company company provisions provisions This This report report has has been been prepared prepared in in accordance accordance with with the the special special provisions provisions for for small small companies companies under under section section 477 477 of of the the Companies Companies Act Act 2006. 2006.

Registered Registered office: office: Signed Signed on on behalf behalf of of the the trustees trustees 34-40 34-40 High High Street Street ; South Normanton /6awt%e Derbyshire DerbyshireSouth Normanton ou Fi\we DE55 DES55 2BP 2BP S. S. Ali Ali Trustee Trustee

Approved Approved by by the the trustees trustees on on

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SNAP SNAP DEVELOPMENT DEVELOPMENT PROJECT PROJECT COMPANY COMPANY LIMITED LIMITED BY BY GUARANTEE GUARANTEE

INDEPENDENT INDEPENDENT EXAMINER'S EXAMINER’S REPORT REPORT TO TO THE THE TRUSTEES TRUSTEES

YEAR YEAR ENDED ENDED 31 31 MARCH MARCH 2024 2024

Independent Independent Examiner's Examiner's Report Report to to the the Trustees Trustees of of SNAP SNAP Development Development Project Project I I report report on on the the accounts accounts of of the the company company for for the the year year ended ended 31 31 March March 2024 2024 which which are are set set out out on on pages pages 8t017. 8 to 17.

Respective Respective responsibilities responsibilities of Trustees of Trustees and and examiner examiner The The Trustees Trustees (who (who are are also also the the Directors Directors of of the the Company Company for for the the purposes purposes of of company company law) law) are are responsible responsible for for the the preparation preparation of of the the accounts. accounts. The The Trustees Trustees consider consider that that an an audit audit is is not not required required for for this this year year under under section section 144(2) 144(2) of of the the Charities Charities Act Act 2011 2011 (the (the 2011 2011 Act) Act) and and that that an an independent independent examination examination is is needed. needed.

Having Having satisfied satisfied myself myself that that the the charity charity is is not not subject subject to to an an audit audit under under company company law law and and is is eligible eligible for for independent independent examination, examination, it it is is my my responsibility responsibility to: to:

Independent Independent examiner’s examiner's statement statement

In In connection connection with with my my examination, examination, no no matter matter has has come come to to my my attention: attention:

Name: Name: Mark Mark Newey Newey ACMA ACMA

Address: Address: Derby Derby Community Community Accountancy Accountancy Service, Service, Babington Babington Lodge, Lodge, 128 128 Green Green Lane, Lane, Derby. Derby.

SNAP SNAP DEVELOPMENT DEVELOPMENT PROJECT PROJECT COMPANY COMPANY LIMITED LIMITED BY BY GUARANTEE GUARANTEE

INDEPENDENT INDEPENDENT EXAMINER'S EXAMINER’S REPORT REPORT TO TO THE THE TRUSTEES TRUSTEES

YEAR YEAR ENDED ENDED 31 31 MARCH MARCH 2024 2024

Independent Independent Examiner's Examiner's Report Report to to the the Trustees Trustees of of SNAP SNAP Development Development Project Project I I report report on on the the accounts accounts of of the the company company for for the the year year ended ended 31 31 March March 2024 2024 which which are are set set out out on on pages pages 8 8 to to 17. 17. Respective Respective responsibilities responsibilities of of Trustees Trustees and and examiner examiner The The Trustees Trustees (who (who are are also also the the Directors Directors of of the the Company Company for for the the purposes purposes of of company company law) law) are are responsible responsible for for the the preparation preparation of of the the accounts. accounts. The The Trustees Trustees consider consider that that an an audit audit is is not not required required for for this this year year under under section section 144(2) 144(2) of of the the Charities Charities Act Act 2011 2011 (the (the 201 2011 1 Act) Act) and and that that an an independent independent examination examination is is needed. needed. Having Having satisfied satisfied myself myself that that the the charity charity is is not not subject subject to to an an audit audit under under company company law law and and is is eligible eligible for for independent independent examination, examination, it it is is my my responsibility responsibility to: to:

Basis Basis of of independent independent examiner's examiner's statement statement My My examination examination was was carried carried out out in in accordance accordance with with general general Directions Directions given given by by the the Charity Charity Commission. Commission. An An examination examination includes includes a a review review of of the the accounting accounting records records kept kept by by the the charity charity and and a a comparison comparison of of the the accounts accounts presented presented with with those those records. records. It It also also includes includes consideration consideration of of any any unusual unusual items items or or disclosures disclosures in in the the accounts, accounts, and and seeking seeking explanations explanations from from you you as as Trustees Trustees concerning concerning any any such such matters. matters. The The procedures procedures undertaken undertaken do do not not provide provide all all the the evidence evidence that that would would be be required required in in an an audit, audit, and and consequently consequently no no opinion opinion is is given given as as to to whether whether the the accounts accounts present present a a "true “true and and fair fair view” view" and and the the report report is is limited limited to to those those matters matters set set out out in in the the statement statement below. below.

Independent Independent examiner's examiner’s statement statement

In In connection connection with with my my examination, examination, no no matter matter has has come come to to my my attention: attention:

Name: Name: Mark Mark Newey Newey ACMA ACMA

Address: Address: Derby Derby Community Community Accountancy Accountancy Service, Service, Babington Babington Lodge, Lodge, 128 128 Green Green Lane, Lane, Derby. Derby.

SNAP SNAP DEVELOPMENT DEVELOPMENT PROJECT PROJECT COMPANY COMPANY LIMITED LIMITED BY BY GUARANTEE GUARANTEE

STATEMENT STATEMENT OF OF FINANCIAL FINANCIAL ACTIVITIES ACTIVITIES

YEAR YEAR ENDED ENDED 31 31 MARCH MARCH 2024 2024

Total
Funds
Total Funds		 Total
Funds
Total Funds
Unrestricted
Unrestricted		 Restricted
Restricted		 Year
to
31
Year to 31		 Year
to
3
1
Year to 31
Funds
Funds		 Funds
Funds		 Mar
2024
Mar 2024		 Mar
2023
Mar 2023
Note
Note		 £ £ £ £
Income
from:
Income from:
Donations
Investment
income
Donations
Investment income		 3
5
3
5		 501
494
501
494		 1,290
1,290
-		 1,791
494
1,791
494		 1,619
190
1,619
190
Grant
receivable
Grant receivable		 4
4		 - 203,968
203,968		 203,968
203,968		 93,742
93,742
Other
income
Other income		 125
125		 1,097
1,097		 1,222
1,222		 I
,943
1,943
Total
incoming
resources
Total incoming resources		 1,120
1,120		 206,355
206,355		 207,475
207,475		 97,494
97,494
Expenditure
on
Expenditure on
Raising
Funds
Raising Funds		 - - -
Charitable
activities
Charitable activities		 410
410		 127,029
127,029		 127,439
127,439		 105,168
105,168
Total
resources
expended
Total resources expended		 6
6		 410
410		 127,029
127,029		 127,439
127,439		 105,168
105,168
Net
incoming/(outgoing)
resources
before
transfers
Netincoming/(outgoing)
resources before transfers		 710
710		 79,326
79,326		 80,036
80,036		 (7
,674)
(7,674)
Transfer
between
funds
Transfer between funds		 - - - -
Net
movement
in
funds
Net movement in funds		 710
710		 79,326
79,326		 80,036
80,036		 (7,674)
(7,674)
Funds
brought
forward
Funds brought forward		 22,208
22,208		 42,463
42,463		 64,671
64,671		 72,345
72,345
Funds
carried
forward
Fundscarriedforward		 22,918
22,918		 121,789
121,789		 144,707
144,707		 64,671
64,671

The The charity charity has has no no recognised recognised gains gains or or losses losses other other than than the the results results for for the the year year as as set set out out above. above.

All All of of the the activities activities of of the the charity charity are are classed classed as as continuing. continuing.

The The notes notes on on pages pages 10 10 to to 17 17 form form part part of of these these financial financial statements. statements.

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SNAP SNAP DEVELOPMENT DEVELOPMENT PROJECT PROJECT COMPANY COMPANY LIMITED LIMITED BY BY GUARANTEE GUARANTEE

BALANCE BALANCE SHEET SHEET

31 31 MARCH MARCH 2024 2024

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|||||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |2024|2024|2023|2023| |Note|Note|£|£|£|£| |Current|Current|assets|assets| |Debtors| |Cash|CashDebtors|at|at|bank|bank|and|and|in|in:|hand|hand|10|10|144,707|144,707=|60,645|60,6454,569|4,569| |144,707|65,214| |Creditors:|Creditors:|amounts|amounts falling|falling|due|due|144,707|65,214| |within|within|one|one year|year|11|11|-|543|543| |Net|Net current|current|assets|assets|144,707|144,707|64,671|64,671| |ee|=e| |Total|Total|assets|assets|less|less|current|current|liabilities|liabilities|144,707|144,707|64,671|64,671| |Net|Net assets|assets|144,707|144,707|64,671|64,671| |Funds|Funds| |Restricted|Restricted|12|12|121,789|121,789|42,463|42,463| |Unrestricted|Unrestricted|—|— general|general|reserves|reserves|12|12|22,918|22,918|22,208|22,208| |TOTAL|TOTAL FUNDS|FUNDS|144,707|144,707|64,671|64,671|

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For For the the year year ended ended 31 31 March March 2024 2024 the the company company was was entitled entitled to to exemption exemption from from audit audit under under section section 477 477 of of the the Companies Companies Act Act 2006 2006 relating relating to to small small companies. companies.

Directors' Directors’ responsibilities: responsibilities:

These These financial financial statements statements have have been been prepared prepared in in accordance accordance with with the the special special provisions provisions for for small small companies companies under under Part Part 15 15 of of the the Companies Companies Act Act 2006. 2006.

These These financial financial statements statements were were approved approved and and authorised authorised for for issue issue by by the the members members of of the the committee committee and and are are signed signed on on their their behalf behalf by: by:

S. S. Ali Ali Director Director Company Company Registration Registration Number: Number: 6786578 6786578

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Date Date
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The The notes notes on on pages pages 10 10 to to 17 17 form form part part of of these these financial financial statements. statements.

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SNAP SNAP DEVELOPMENT DEVELOPMENT PROJECT PROJECT COMPANY COMPANY LIMITED LIMITED BY BY GUARANTEE GUARANTEE

NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS

YEAR YEAR ENDED ENDED 31 31 MARCH MARCH 2024 2024

    1. Accounting Accounting policies policies The The principal principal accounting accounting policies policies adopted, adopted, judgements judgements and and key key sources sources of of estimation estimation uncertainty uncertainty in in the the preparation preparation of of the the financial financial statements statements are are as as follows: follows:

Company Company informationinformation information

Company Company informationinformation information

company's company’s Snap Snap Development Development registered registered Project Project ofTtce office is is is, is, a a company company 34-40 34-40 High High limited limited Street, Street, by by South South guarantee guarantee Normanton, Normanton, not not having having Derbyshire, Derbyshire, a a share share capital. capital. DE55 DE55 2BP 2BPThe The At At the the end end of of the the year year there there were were 7 7 Trustees, Trustees, each each of of whom, whom, under under the the terms terms of of the the Memorandum Memorandum and and Articles Articles of of Association, Association, had had undertaken undertaken to to contribute contribute the the sum sum not not exceeding exceeding El £1 in in the the event event of of a a winding winding up up of of the the company. company.

1.1 1.1 Accounting Accounting convention convention These These accounts accounts have have been been prepared prepared in in accordance accordance with with FRS FRS 102, 102, "The “The Financial Financial Reporting Reporting Standard Standard applicable applicable in in the the UK UK and and Republic Republic of of Ireland" Ireland” (“FRS ("FRS 102"), 102”), “Accounting "Accounting and and Reporting Reporting by by Charities” Charities" the the Statement Statement of of Recommended Recommended Practice Practice for for charities charities applying applying FRS FRS 102, 102, the the Companies Companies Act Act 2006 2006 and and UK UK Generally Generally Accepted Accepted Accounting Accounting Practice Practice as as it it applies applies from from I | January January 2015. 2015. The The charity charity is is a a Public Public Benefit Benefit Entity Entity as as defined defined by by FRS FRS 102. 102.

The The accounts accounts are are prepared prepared in in Sterling Sterling which which is is the the functional functional currency currency of of the the company company Monetary Monetary amounts amounts in in these these financial financial statements statements to to the the nearest nearest E. £. The The accounts accounts have have been been prepared prepared on on historical historical cost cost convention convention apart apart from from freehold freehold property property that that is is carried carried at at market market value. value. The The principal principal accounting accounting policies policies adopted adopted are are set set out out below. below.

The The accounts accounts are are prepared prepared in in accordance accordance with with FRS FRS 102, 102, The The Financial Financial Reporting Reporting Standard Standard applicable applicable in in the the UK UK and and Republic Republic of of Ireland. Ireland. The The date date of of transition transition to to FRS FRS 102 102 was was I | April April 2015. 2015. 1.2 1.2 Going Going concern concern At At the the time time of of approving approving the the accounts, accounts, the the Directors Directors have have a a reasonable reasonable expectation expectation that that the the charity charity has has adequate adequate resources resources to to continue continue in in operational operational existence existence for for the the foreseeable foreseeable future. future. Thus Thus the the Trustees Trustees continue continue to to adopt adopt the the going going concern concern basis basis of of accounting accounting in in preparing preparing the the accounts. accounts. 1.3 1.3. Charitable Charitable Funds Funds Unrestricted Unrestricted funds funds are are available available for for use use at at the the discretion discretion of of the the Trustees Trustees in in furtherance furtherance of of the the general general objectives objectives of of the the charity. charity. Designated Designated funds funds are are unrestricted unrestricted funds funds earmarked earmarked by by the the Trustees Trustees for for particular particular purposes. purposes. Restricted Restricted funds funds are are subjected subjected to to restrictions restrictions on on their their expenditure expenditure imposed imposed by by the the donor donor or or through through the the terms terms of of an an appeal. appeal. 1.4 1.4 Incoming Incoming resources resources All All incoming incoming resources resources are are included included in in the the SOFA SOFA when when the the charity charity is is legally legally entitled entitled to to the the income income and and the the amount amount can can be be quantified quantified with with reasonable reasonable accuracy. accuracy. Gifts Gifts in in kind kind have have been been included included at at market market value value of of gifts gifts received received and and in in assets assets acquired. acquired. No No amounts amounts are are included included in in the the financial financial statements statements for for services services donated donated by by volunteers. volunteers. -10=10-

SNAP SNAP DEVELOPMENT DEVELOPMENT PROJECT PROJECT COMPANY COMPANY LIMITED LIMITED BY BY GUARANTEE GUARANTEE

NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS

YEAR YEAR ENDED ENDED 31 31 MARCH MARCH 2024 2024

Termination Termination benefits benefits are are recognised recognised immediately immediately as as an an expense expense when when the the company company is is demonstrably demonstrably committed committed to to terminate terminate the the employment employment of of an an employee employee or or to to provide provide termination termination benefits. benefits.

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SNAP SNAP DEVELOPMENT DEVELOPMENT PROJECT PROJECT COMPANY COMPANY LIMITED LIMITED BY BY GUARANTEE GUARANTEE

NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS

YEAR YEAR ENDED ENDED 31 31 MARCH MARCH 2024 2024

1.12 1.12 Depreciation Depreciation Individual Individual fixed fixed assets assets are are capitalised capitalised at at cost cost and and are are depreciated depreciated over over their their estimated estimated useful useful economic economic lives lives on on a a reducing reducing balance balance basis basis as as follows:follows:Asset Asset category category Annual Annual rate rate Equipment Equipment 25% 25% Fixtures Fixtures and and Fittings Fittings 25% 25%

    1. Critical Critical accounting accounting estimates estimates and and judgements judgements In In the the application application of of the the charity’s charity's accounting accounting policies, policies, the the directors directors are are required required to to make make judgements, judgements, estimates estimates and and assumptions assumptions about about the the carrying carrying amount amount of of assets assets and and liabilities liabilities that that are are not not readily readily apparent apparent from from other other sources. sources. The The estimated estimated and and associated associated assumptions assumptions are are based based on on historical historical experience experience and and other other factors factors that that are are considered considered to to be be relevant. relevant. Actual Actual results results may may differ differ from from these these estimates. estimates.
    1. Donations Donations
Total
Funds
Total Funds		 Total
Funds
Total Funds		 Total
Funds
Total Funds		 Total
Funds
Total Funds
Unrestricted
Unrestricted		 Restricted
Year
to
31
_Restricted
Year to 31		 Year
to
3
1
Year to 31
Funds
Funds		 Funds
Mar
2024
Funds
Mar 2024		 Mar
2023
Mar 2023
£ £ £ E
£
Donations
Donations		 501
501		 1,290
1,290		 1,791
1,791		 1,619
1,619
501
501		 1,290
1,290		 1,791
1,791		 1,619
1,619
4.
4.		 Grants
Grants
Total
Funds
Total Funds		 Total
Funds
Total Funds
Unrestricted
Unrestricted		 Restricted
Restricted		 Year
to
31
Year to 31		 Year
to
Year to		 to
3
1
31
Funds
Funds		 Funds
Funds		 Mar
2024
Mar 2024		 Mar
2023
Mar2023
£ £ £ £
Reaching
Communities
Reaching Communities		 - - - 49,274
National
Lottery
Community
National Lottery Community		 Community
Fund
Fund		 - 167,074
167,074		 167,074
167,074		 .
Foundation
Derbyshire
Foundation Derbyshire		 - - - 4,968
4,968
South
Normanton
Parish
Council
South Normanton Parish Council		 - - - 3,654
3,654
Office
of
the
Police
and
Crime
Office ofthe Police and Crime
Commission
for
Derbyshire
Commission for Derbyshire		 - - - 4,569
4,569
Derbyshire
County
Council
Derbyshire County Council		 - - - 100
100
Bolsover
District
Council
Bolsover District Council		 - - - 1,000
1,000
Derbyshire
Voluntary
Action
Derbyshire Voluntary Action		 . - - 968
968
Peoples
Health
Trust
Peoples Health Trust		 - 23,918
23,918		 23,918
23,918		 11,959
11,959
HAF
Fund
HAF Fund		 - 10,665
10,665		 10,665
10,665		 17,250
17,250
Co-Op
Local
Community
Fund
Co-Op LocalCommunity Fund		 - 2,311
2,311		 2,311
2,311		 -
- 203,968
203,968		 203,968
203,968		 93,742
93,742

-12=12:-

SNAP SNAP DEVELOPMENT DEVELOPMENT PROJECT PROJECT COMPANY COMPANY LIMITED LIMITED BY BY GUARANTEE GUARANTEE

NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS

==> picture [455 x 416] intentionally omitted <==

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||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |YEAR|YEAR|ENDED|ENDED|31|31|MARCH|MARCH|2024|2024| |S.|5.|Interest|Interest|receivable|receivable| |Year|Year|to|to|31|31|Year|Year|to|to 3|31|1| |Mar|Mar|2024|2024|Mar|Mar|2023|2023| |£|£| |Bank|Bank|interest|interest|receivable|receivable|(unrestricted)|(unrestricted)|494|494|190|190| |6.|6.|Total|Total|resources|resources|expended|expended| |Z|an| |&BSa|£28| |See|a3| |oS|a| |£|£| |Staff|Staff costs|costs|100,131|100,131|71,467|71,467| |Professional|Professional|fees|fees|4,372|4,372|5,365|5,365| |Training|Training &|&|conferences|conferences|1,200|1,200|537|537| |Insurance|Insurance|1,395|1,395|1,370|1,370| |Telephone|Telephone|287|287|299|299| |Equipment|Equipment|costs|costs|2,330|2,330|I|1,904|,904| |Stationery|Stationery &|& postage|postage|561|561|379|379| |Print,|Print,|publications|publications &|&|copying|copying|368|368|877|877| |Hospitality|Hospitality|2,344|2,344|958|958| |Travel|Travel|and|and|expenses|expenses|2,567|2,567|2,930|2,930| |Rent|Rent and|and|room|room|hire|hire|4,535|4,535|4,426|4,426| |Resources|Resources|and|and|materials|materials|3,679|3,679|6,231|6,231| |Activities|Activities &|& trips|trips|3,634|3,634|8,039|8,039| |Sundry|Sundry|costs|costs|36|36|386|386| |127,439|127,439|105,168|=105,168|

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Expenditure Expenditure on on charitable charitable activities activities was was El £127,439 27,439 (2023: (2023: E £105,168) 105,168) of of which which £127,029 E127,029 was was restricted restricted (2023 (2023 El £104,357) 04,357)

7. 7. Net Net (expenditure)/income (expenditure)/income Net Net (expenditure)/income (expenditure)/income for for the the year year is is stated stated after after charging/(crediting): charging/(crediting):

==> picture [429 x 41] intentionally omitted <==

----- Start of picture text -----
|||||||||| |---|---|---|---|---|---|---|---|---| |2024|2024|2023|2023| |£|£| |Independent|Independent|Examiner's|Examiner’s Fees|Fees|830|830|800|soo|

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-13Se

SNAP SNAP DEVELOPMENT DEVELOPMENT PROJECT PROJECT COMPANY COMPANY LIMITED LIMITED BY BY GUARANTEE GUARANTEE

NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS YEAR YEAR ENDED ENDED 31 31 MARCH MARCH 2024 2024

8. 8. Directors Directors and and kcy key management management personnel personnel

During During the the year year Trustees Trustees did did not not receive receive remuneration remuneration

The The key key management management personnel personnel of of the the charity charity consist consist of of the the Trustees, Trustees, professional professional advisors advisors and and the the Chief Chief Executive Executive Officer Officer

9. 9. Employees Employees

No No employee employee earned earned more more than than £60,000 E60,000 per per annum. annum. No No Trustees Trustees were were reimbursed reimbursed for for expenditure. expenditure.

The The average average number number of of staff staff employed employed by by the the charity charity during during the the financial financial year year amounted amounted to: to:

Year
to
Year to		 Year
to
Year to		 Year
to
Year to		 Year
to
Year to
31
31		 31
Mar
Mar		 31
Mar
31 Mar
2024
No
2024
No		 2023
No
2023
No
Direct
Charitable
Staff
Direct Charitable Staff		 7
7		 5
5
Governance
Governance		 - =
7
ne
The
The		 aggregate
payroll
aggregate payroll		 payroll
costs
costswere:		 costs
were:
were:
Year
Year		 to
31
to 31		 Year
Year		 to
3
1
to 31
Mar
Mar2024		 Mar
2024
2024		 Mar
Mar2023		 2023
2023
£ £
Wages
and
salaries
Wagesand salaries		 94,204
94,204		 68,073
68,073
Social
security
costs
Social security costs		 1,161
1,161		 -
Pension
costs
Pension costs		 4,766
4,766		 3,304
3,304
100,131
100,131		 71,467
71,467
10.
10.		 Debtors
Debtors
2024
2024		 2023
2023
£ £
Office
of
the
Police
Office ofthe Police		 and
and		 Crime
Crime		 Commission
Commission		 for
for
Derbyshire
Derbyshire		 - 4,569
4,569
- 4,569
4,569

SNAP SNAP DEVELOPMENT DEVELOPMENT PROJECT PROJECT COMPANY COMPANY LIMITED LIMITED BY BY GUARANTEE GUARANTEE

NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS

YEAR YEAR ENDED ENDED 31 31 MARCH MARCH 2024 2024

    1. Creditors: Creditors: Amounts Amounts falling falling due due within within one one year year | 2024 2024 2023 2023 ~~| |~~ Trade Trade creditors creditors . 543 543 - 543 543 12. 12. Statement Statement of of funds funds

|Trade
creditors
Statement
of
funds
~~|~~
Trade creditors
Statement of fundsfunds|~~|~~|~~|~~|~~|~~
.
-|~~|~~|543
543
~~|~~
543
543| |---|---|---|---|---|---| ||At
At||||At| ||1
April
1 April||||31March
31March| ||2023
2023|Incoming
Incoming|Outgoing
Outgoing|Transfers
Transfers|2024
2024| ||£|£|£|£|£| |General
reserve
General reserve|22,208
22,208|1,120
1,120|(410)
(410)|-|22,918
22,918| |Designated
reserve
Designated reserve|-|-|:|.|-| |Total
unrestricted
funds
Reaching
Communities
National
Lottery
Community
Total unrestricted funds
ReachingCommunities
National Lottery Community|22,208
12,758
22,208
12,758
-|1,120
1,120
-|(410)
(3,219)
(410)
(3,219)|:
-|22,918
9,539
22,918
9,539| |Fund
Fund||167,074
167,074|(78,276)
(78,276)|-|88,798
88,798| |Youth
Development
Fund
Co
op
(l)
Youth Development Fund
Coop(1)|4,886
4,016
4,886
4,016|2,387
2,387
-|(1,836)
(388)
(1,836)
(388)|-
-|5,437
3,628
5,437
3,628| |co-op
(2)
Co-op (2)|2,879
2,879|2,311
7 AEG ||(1,492)
(1,492)|-|3,698
3,698| |South
Normanton
Parish
South Normanton Parish|||||| |Council
Office
of
the
Police
and
Crime
Council
Office of the Police and Crime|6,029
6,029|-|-|-|6,029
6,029| |Commission
for
Derbyshire
Commission for Derbyshire|4,569
4,569|.|(4,569)
(4,569)|-|-| |Bassetlaw
Police
and
Crime
Bassetlaw Police and Crime|||||| |Commission
Commission|1,000
1,000|-|(1,000)
(1,000)|-|-| |Derbyshire
County
Council
Derbyshire County Council|||||| |Youth
Action
Youth Action|2,000
2,000|-|(379)
(379)|-|1,621
1,621| |Active
Partners
Trust
Active Partners Trust|1,982
1,982|-|(345)
(345)|-|1,637
1,637| |HAF
Winter
2023
HAF Winter 2023|(469)
(469)|9,225
9,225|(8,756)
(8,756)|-|-| |HAF
Fund
HAF Fund|-|1,440
1,440|.|-|1,440
1,440| |Peoples
Lottery
Peoples Lottery|845
845|23,918
23,918|(25,371)
(25,371)|-|(608)
(608)| |Bolsover
district
Council
Bolsover district Council|1,000
1,000|-|(430)
(430)|-|570
570| |Derbyshire
Voluntary
Action
Derbyshire Voluntary Action|968
968|-|(968)
(968)|-|-| |Total
restricted
funds
Total restricted funds|42,463
42,463|206,355
206,355|(127,029)
(127,029)|.|121,789
121,789| |Total
funds
Totalfunds|64,671
64,671|207,475
207,475|(127,439)
(127,439)|-|144,707
144,707|

-15ae

SNAP SNAP DEVELOPMENT DEVELOPMENT PROJECT PROJECT COMPANY COMPANY LIMITED LIMITED BY BY GUARANTEE GUARANTEE

NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS

YEAR YEAR ENDED ENDED 31 31 MARCH MARCH 2024 2024

Restricted Restricted Funds Funds The The Reaching Reaching Communities Communities money money was was spent spent on on facilitating facilitating youth youth provision provision for for South South Normanton Normanton and and Pinxton. Pinxton. The The National National Lottery Lottery Community Community Fund Fund money money was was spent spent on on employing employing staff staff to to carry carry out out youth youth work work and and achieve achieve sustainability. sustainability. The The Youth Youth Development Development Work Work money money was was spent spent on on activities activities with with young young people. people. Co-Op Co-Op (l) (1) - - this this fund fund has has been been used used to to facilitate facilitate a a series series of of youth youth cooking cooking sessions. sessions. the the young young people people have have really really enjoyed enjoyed preparing preparing ingredients, ingredients, cooking cooking and and eating eating what what they they have have cooked cooked socially socially with with others. others. Co-Op Co-Op (2) (2) grant grant for for £2955 E2955 - - Supporting Supporting young young people people to to develop develop skills skills and and knowledge knowledge of of simple simple meals meals to to cook cook for for their their families families at at home. home. And, And, supporting supporting volunteer volunteer skills skills development development opportunities. opportunities. South South Normanton Normanton Parish Parish Council Council money money was was spent spent on on youth youth work. work. Office Office of of the the Police Police and and Crime Crime Commission Commission for for Derbyshire Derbyshire was was to to be be spent spent on on 'intergenerational ‘intergenerational work work to to reduce reduce anti-social anti-social behaviour. behaviour. Bassetlaw Bassetlaw Police Police and and Crime Crime Commission Commission workshops workshops for for young young people people discus discus all all aspects aspects of of crime crime Derbyshire Derbyshire County County Council Council Youth Youth Action Action funding funding is is to to be be used used to to facilitate facilitate training training for for staff staff members. members. Active Active Partners Partners Trust Trust - - to to develop develop and and deliver deliver youth youth forum forum opportunities opportunities for for local local young young people people to to 'have ‘have their their say' say' on on things things that that matter matter to to them. them. HAF HAF Funding Funding was was forfordelivering delivering healthy healthy activities activities and and Food Food for for young young people people during during school school holiday holiday periods periods The The Peoples Peoples Health Health Trust Trust fund fund was was to to provide provide young young people people with with access access to to youth youth work work provision provision in in a a particular particular region. region. Bolsover District Council money is to be spent on working with volunteers on the cook and eat Bolsover District Council money is to be spent on working with volunteers on the cook and eat Derbyshire project. project.Derbyshire Voluntary Voluntary Action Action is is to to be be spent spent on on intergenerational intergenerational work. work.

SNAP SNAP DEVELOPMENT DEVELOPMENT PROJECT PROJECT COMPANY COMPANY LIMITED LIMITED BY BY GUARANTEE GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS

YEAR YEAR ENDED ENDED 31 31 MARCH MARCH 2024 2024

==> picture [437 x 341] intentionally omitted <==

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||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |13.|13.|Analysis|Analysis|of|of net|net assets|assets| |Tangible|Tangible|Other|Other| |fixed|fixed|assets|assets|net|net|assets|assets|Total|Total| |Unrestricted|Unrestricted|funds|funds| |£|£|£| |General|General|reserve|reserve|-|22,918|22,918|22,918|22,918| |Designated|Designated|Funds|Funds|-|-|-| |Restricted|Restricted|funds|funds| |Reaching|Reaching|Communities|Communities|-|9,539|9,539|9,539|9,539| |National|National|Lottery|Lottery|Community|Community|Fund|Fund|-|88,798|88,798|88,798|88,798| |Youth Development|Fund|5,437|5,437| |Co|Co op|op (l)|(1)|-|3,628|3,628|3,628|3,628| |Youth Development Fund|2|5,437|5,437| |Co-op|Co-op co|co (2)|(2)|-|3,698|3,698|3,698|3,698| |South|South Normanton|Normanton|Parish|Parish|Council|Council|-|6,029|6,029|6,029|6,029| |Derbyshire|Derbyshire|County|County|Council|Council|Youth|Youth|Action|Action|1,621|1,621|1,621|1,621| |Active|Active|Partners|Partners|Trust|Trust|-|1,637|1,637|1,637|1,637| |HAF|HAF|Fund|Fund|-|1,440|1,440| |Peoples|Peoples|Lottery|Lottery|-|(608)|(608)|(608)|(608)| |Bolsover|Bolsover|District|District|Council|Council|-|570|570|570|570| |Total|Total|restricted|restricted|funds|funds|-|121,789|121,789|121,789|121,789| |Total|Total funds|funds|ee.|a0|144,707|144,707|144,707|

----- End of picture text -----

14. Related party transactions 14. Related party transactions

The The charity charity had had no no related related party party transactions transactions that that required required disclosure. disclosure.

-17alice