BYPG
Braintree Youth Project Charity
*4*
ANNUAL REPORT
2023

## **CHAIR’S REPORT** 

As I look back on 2022 I can see it was a year of transition for us. Martin, our new Youth Worker, had joined us towards the end of 2021 and over the last year he has worked with great enthusiasm and dedication, as we moved back into providing the face to face service and the trips that are our main reason for being. How we missed doing them in lockdown! 

Martin has been joined by our Apprentice, Lucy O’Dell, and with her help he is expanding the offering beyond what we did before. You will read more about what we are now doing elsewhere in this Report. I know Martin is not done yet and, resources permitting (see below), he wants to do more for the young people of Braintree. 

We are now spending the funding for the trips and activities that we were unable to do before and although our finances look good, a lot of what we have is, in effect, already spent. I want to thank all the Trusts and Charities that have supported us, particularly the National Lottery Community Fund for their support in ensuring salaries are paid, and the Essex Community Foundation for their faithful support year by year. 

I also want to say a big thank you to the local churches and the individuals who give to us month by month. Your contribution is vital in helping to cover our overheads so we can fundraise for the youth services we want to provide. If you are reading this for the first time and wondering how to help, then a small monthly contribution will be a great help to us in keeping pace with the rising cost of utilities. 

While we are continuing to ask those Trusts and Charities who have helped in the past, we are also looking for new sources of funding. We know money is tight, but if you are reading this as a local business looking for a local charity to support, please speak to us, we would love to have you on board. 

I want to say a massive thank you to Kirsty, who manages the finances as well as the Centre Manager and fundraising roles.  Kirsty had to step down as a Trustee due to Charity Commission rules but as you can see is still very much involved in making the organisation tick and puts in a full shift! 

We have had to say goodbye to Anna, an ever present on the Board in my time with BYPC, whose care for the young people shines through in her work with us. It is time for her to move on from sitting on the Board. We will miss you but wish you all the very best in the next stage, and we’re pleased that we’ll still see her as a volunteer. 

I would also like to thank my fellow Board members; David our Vice Chair, who does so much of the ‘hands on’ work of looking after the youngsters in so many ways, Penny, for keeping us on the safeguarding straight and narrow, and Richard Wearmouth for his contributions to our meetings in that wonderful accent! 

1 



The lease at Fountain Cottages has now been extended, giving us welcome security for the future and will help with the funding effort, as funders like to see that we have long-term stability of premises. 

While we are blessed with a great team, we could do with more Trustees and would, ideally, like to have a Trustee from each of the local churches that support us so diligently. We are working on that! 

As I have said before, God has been abundantly generous to us and I think we can continue to trust in him for the future. 

God bless you all and I look forward to seeing you at the AGM. 

## **Andrew East** 

## **Chairman** 


## **COMPANY SECRETARY’S REPORT** 

Braintree Youth Project Charity (BYPC) was incorporated under the Companies Act 2006 as a private company limited by guarantee on 11 November 2010.  It was entered into the Charity Commission’s Register of Charities on 15 November 2010. 

8 **Board meetings** have been held since our AGM in March 2022. 

**Annual Returns** to the Charities Commission and Companies House were submitted within the correct timespan. 

As at 31st January 2023 the Charity had a total of 18 **Subscribers.** 

## **Kirsty Huxter** 

## **Company Secretary** 

2 



## **YOUTH WORKER’S REPORT** 

If I was to sum up the previous year in a single work I’d say “growth” covers it quite well, (although “chaos” would also be apt). We’ve swelled in numbers, we’re running twice as many clubs as this time last year and seeing twice as many young people. Friday nights often see more than 30 young people, Mondays are stretching to both buildings, our Home Education group is getting involved with our other clubs, and new clubs have been launched. Not to mention loads of day trips and several residentials.  If I’m ever in doubt about what’s going on, a quick glance at the numbers reassures me that things are growing nicely. 

We are also incredibly blessed to have several talented, passionate, and hardworking volunteers and new volunteers joining us. We want to ensure that volunteers have a great time and know how grateful we are for them so we’re going to offer days of training and team building to them so we can offer back just a small amount of what they do for us. 

By the time you read this we’ll have completed BYPC’s biggest residential to date with our friends from the Essex Boys and Girls Clubs, taking over 30 young people on a splendid five day residential filled with activities. Organising it has consumed much of my time but as I write this I eagerly anticipate the trip, residentials allow the young people to form new friendships, develop independence, and gives us an opportunity to know them better and earnestly help them. 

Atop all of that we’ve also been visiting the local churches, who always give generously to us and support our work, as well as providing many great volunteers. It’s an honour to visit the churches and worship with them, and an honour to offer our help to them and their young people. Every church I visit is welcoming and kind, and they all have the young people of Braintree in their prayers, if God is on our side then nothing can stand against us. 

And finally we’ve also welcomed our new apprentice this year— Lucy O’Dell has been a tremendous help to the club and the young people have welcomed her eagerly and quickly. 

All in all, that means there’s been a lot on and a lot to do so it’s been a very busy year for me, keep us in your prayers as we find ever more ways to do our work and serve these young people. 

## **Martin Parslow** 

## **Youth Worker** 

3 



## **DATA PROTECTION OFFICER’S REPORT** 

The charity continues to ensure that any personal data it handles is in line with the GDPR (General Data Protection Regulations). 

We have an online cloud system which is encrypted for email and storage.  The Board members and staff all use this to ensure that personal data is kept safe. 

All sessions have been run in accordance with GDPR and safeguarding regulations. 

To my knowledge there have been no data breaches over the last year and we remain fully compliant with Data Protection laws. 

This year, Braintree Youth Project Charity have had the following data requests: 

||Subject Access Request|Erasure Request|
|---|---|---|
|No. of Requests|0|0|



Data Complaints: 

We have received no complaints about how we deal with personal data. 

## **David Huxter** 

## **Data Protection Officer** 


4 



## **FINANCE REPORT** 

The financial year 2021-2022 saw us maintain a balance of income and expenditure, even though we went on two residential trips. Our largest expense is salaries, which are currently funded by the National Lottery Community Fund and Essex Community Foundation Greenfields Fund. These will come to an end in 2024, so a priority is to find funding for these costs, which are vital to the work of the charity. 

Giving from churches and individuals broadly covers our rent and building costs but, with gas and electricity prices rising, this cannot be guaranteed. With squeezes on household incomes, it’s not a great time to ask people to increase their giving, but if anyone is able to give on a monthly basis, or as a one-off donation, we’d be grateful. We’ve seen an increase in the numbers of young people coming to sessions who haven’t eaten, and we try and keep supplies of pasta and rice pots in the cupboard, plus, we always need toilet roll and hand towels! 

Our budget for 2022-2023 is calculated to run at a deficit, utilising the funding from previous years to ensure a full programme.  Applying for grants can take a long time, if successful it may take six to nine months after application for the funding to come through. The focus for applications this year will thus be on small projects or for funding for the next financial year. 

We had one-off legal costs in 2022 due to signing the new lease on the building but otherwise no unexpected expenditure. 

## **Kirsty Huxter** 

## **Centre Manager** 


5 



## **Grant Funders in 2021-2022** 

## **Restricted Grants** 

|**Restricted Grants**||
|---|---|
|Braintree District & Eastlight Community Fund|£10,000.00|
|Jack Petchy Foundaton|£900.00|
|Lotery Community Fund—Salaries|£23,747.00|
|Hedley Foundaton|£3675.00|
|Essex Community Foundaton|£5000.00|
|Braintree District Council|£1278.00|
|Walter Farthing Trust|£3000.00|
|Stansted Airport Trust|£500.00|
|Lotery Community Fund—Choir|£3440.00|
|Essex Boys and Girls Clubs|£800.00|



## **Unrestricted Grants** 

|**Unrestricted Grants**||
|---|---|
|TK Maxx Foundaton|£500.00|
|Bishop Gauden Foundaton|£500.00|
|Essex Council for Voluntary Youth Services|£90.00|
|Braintree Community Youth Project|£2013.43|
|Marsh Christan Trust|£450.00|
|Persimmon Foundaton|£1000.00|
|Woodward Charitable Trust|£1000.00|
|The Oak Trust|£750.00|
|Augustne Courtauld Trust|£750.00|
|Mathews Wrightson Trust|£600.00|



## **Donations** 

|**Donatons**||
|---|---|
|Essex Lotery|£41.50|
|Amazon Smile|£16.96|
|Give As You Live|£35.56|
|Liberal Club|£80.00|



6 



## **FINANCIAL SUPPORT** 

Ways you can support us financially: 

- **Monthly Standing Order** 

Setting up a monthly standing order helps us to plan our day to day finances. You can give any amount you want, but typically £5 or £10 a month is the norm. It is straightforward to set up from your bank account—our bank details are: 

Sort Code: 40-52-40 Account Number: 00020531 

If you are a taxpayer, we can claim an additional 25% of your gift from the 

Government. Contact the office for a Gift Aid form, or download from our website. 

- **Give as you Live** 

If you shop online, you could raise money for us at no extra cost. Go to 

www.giveasyoulive.com and from there, link to the website you want (eg Amazon, Argos, ebay, Currys PC World, Very—to name but a few). The site will register any purchase you make and give a percentage to us—for example, a £50 purchase at John Lewis would raise 50p for BYPC. 




7 



r-l.

## **CENTRE MANAGER’S REPORT** 

We have seen progress this year in what we offer, and how our building is utilised, which has been great to see. In addition to evening sessions, we have some daytime sessions (Home Education and Lego Club) as well as Renew Counselling who use Cottage 2 for one day a week. We aim to be a beacon of light in the town centre for young people – and to do that we must as a charity be fit for purpose. Much of my role is concerned with managing day-to-day 

administration, finance and property issues. We meet all relevant legal requirements as both a charity and a company, and we strive for best practice in our work with young people, in supporting volunteers, and continuing to promote our work across Braintree and the surrounding area. 

We have been fortunate to have received a substantial number of grants in the past few years, and part of my work is now to fill the fundraising role so capably practiced by Graham Goodchild for so long. This is essential to our operation, as it greatly affects what we are able to accomplish and, in particular, what staff we are able to employ. It has been wonderful to have Lucy O’Dell join us this year as our apprentice youth worker – she has had such a positive impact on the young people and is a committed and reliable member of the team. 

## **Kirsty Huxter** 

## **Centre Manager** 

## **PROPERTY REPORT** 

In 2022 we completed the signing of a twenty year lease, committing us to 2 St Michaels Road for the long-term, and also giving us security of tenure. After three homes in the first six years of the charity’s existence, this is much-needed stability. 

The old shed was taken down and a new one purchased, with the site slightly extended to fit the larger shed. We are also putting up nets which can be hoisted up above the back wall during sessions, to stop rogue footballs landing in our neighbour’s property. 

Mandatory checks of the boilers and fire extinguishers have been carried out this year, as has annual PAT testing of electrical equipment. We also carry out recommended weekly testing of the smoke and CO2 alarms. 

## **Matt Farmer** 

## **Property Consultant** 

9 



## **SAFEGUARDING OFFICER’S REPORT** 

Safeguarding remains a priority and all Board members were offered face to face training in 2022. We use thirtyone:eight, an independent Christian company whose vision is a world where every child and adult can feel, and be, safe. Their training materials are up to date and comprehensive. 

All our DBS’s are renewed or created through thirtyone:eight. Training materials are prepared and ready to use for volunteers, with two sessions planned for 2023. 

We responded swiftly to any concerns voiced this year, following our safeguarding procedures to the letter. The safeguarding policy is reviewed bi-annually and is on the BYPC website. 

Our Lead Safeguarding Coordinator and Lead Recruiter is Penny Smith: psmith@braintreeyouth.org.uk 

Our Centre Safeguarding Coordinator is Kirsty Huxter: khuxter@braintreeyouth.org.uk 

## **Penny Smith** 

## **Safeguarding Officer** 


10 




**Registered in England Company No: 7437568** 

**Registered with the Charity Commission No: 1139014 Registered address: 2 St Michael’s Road, Braintree, CM7 1EX** 

**Telephone: 01376 323764** 

**Email: contact@braintreeyouth.org.uk Website: www.braintreeyouth.org.uk** 



Braintree Youth Projert Charity
Charrty No. 1139014
Company No. 07437568
Trustees, Report and Unaudited Accounts
31 October 2022

Braintree Youth Projert Charity
Contents
Pages
2to3
Trustees, Annual Report
Independent Examiner's Report
Statement of Financial Activities
Summary Income and Expenditure Account
Balance Sheet
Statement of Cash flows
Notes to the Accounts
Detailed Statement of Financial Activities
9t016
17to18
Page I

6raintree Youth Projert Charity
Trustees Annual Report
The trustees, who are also direttors of the charity for the purposes of the Companies Act 2006,
present their report with the unaudited financial statements of the charity for the year ended 31
October 2022.
REFERENCE AND ADMINISTRATIVE DETAILS
Company No. 07437568
Charity No. 1139014
RegFStered Office
Fountain Cottages
2 St Michaels Road
Braintree
Essex
CM7 IEX
Directors and Trustees
The Directors of the charitable company are its Trustees for the purposes of charity law.
The following Direttors and Trustees served durin6 the year:
A.L. East
A. England
M. Farmer
G. Goodchild
D.J. Huxter
P. Smith
R.D. Wearmouth
IResigned 9 November 20211
(Resigned 11 November 20221
Company Secretary
K.R. Huxter
Accountants
Quantic Accountancy Limrted
I Second Avenue
Bluebridge
Halstead
Essex
C09 2SU
Bankers
CAF Bank Limited
25 Kings Hill Avenue
Kings Hill
West Maling
Kent
ME194JQ
Page 2

Braintree Youth Project Charity
Trustees Annual Report
oBJE￿IVEs AND ACTIVITIES
The purpose of the charity is to improve the life ehances of the young people of Braintree, through the
provision of a youth club.
The youth club forms the basis for the provision of services to meet the needs of the young people in areas
such 3s substance abuse, health, welfare, education, employment and relationships etc
ACHIEVEMENTS AND PERFORMANCE
The charity received grants and donations totalling £67,22312021: £62,345)
PLANS FOR FUTURE PERIODS
The trustees intend to continue its policy of providing services through the youth club to the young people
of Braintree.
STRu￿uRE, GOVERNANCE AND MANAGEMENT
The charity was incorporated on 11 November 2010 and is governed by the Memorandum and Articles of
Association of the company, and constitutes a limited company. limited by guarantee, as defined by the
Companies Act 20D6.
The trustees have considered the ris￿ faced by the charity and identified the major risks to which the
charity is exposed.
They have reviewed those risks and satisfied themselves that there are controls in place to mitigate their
potent131 effect.
New members of the board are identified by existing members to fill particular skills gaps and are given
appropriate chartty legislation guidance.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy
at any time the financial position of the charity and to enable them to ensure that the financial statements
comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the
charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The above report has been prepared in accordance with the provisions applicable to companies subjecr to
the small companie5 regime as set out in Part 15 of the Companies Act 2006 ?nd in accordance with the
Charities SORP IFRS 1021.
Signed on behalf of the bo
A.L. East
Trustee
14 March 2023
Page 3

Braintree Youth Projert Charity
Independent Examiners Report
Independent Examiner's Report to the trustees of Braintree Youth Projert Charity
I report to the charity trustees on my examination of the financial statements of Braintree Youth Projert
Charity for the year ended 31 October 2022 which comprise the Statement of Financial Attivities, the
Summary Income and Expenditure Account, the Balance Sheet, the Statement of Cash Flows and the related
notes.
Responsibilitie5 and basis of report
As the trustees of the charity land also its directors for the purposes of company lawl you are responsible for
the preparation of the financial statements in accordance with the requirements of the Companies Act 2006
I'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 Art 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 20111'the 2011 Art'l.
In carrying out my examination I have followed the Directions given by the Charity Commission under section
1451511bl of the 2011 Act.
Independent examiner's ststement
I have completed my examination. I can confirm that no material matters have come to my attention in
connection with the examination giving me tsuse to believe that..
accounting records were not kept in accordance with sectlDn 386 of the 2006 Att,- or
the financial statements do not accord with those records.. or
the financial statements do not comply with the accounting requirements under settion 396 of the 2006
Act other than any requrrement that the financial statements give a 'true and fair, view which is not
matter considered as part of an inLlependent examination,. or
the financial statements have not been prepared rn accordance with the Charities SORP IFRS 1021.
I have no concerns and have come across no other matters in connection with the examinatron to which
attention should be drawn in this report in order to enable a proper understanding of the financial
statements to be reached.
S J Foster FCCA
ACCA
Quantic Accountancy Limited
I Second Avenue
Bluebridge
Halstead
Essex
C09 2SU
14 March 2023
Page 4

Braintree Youth Projert Charity
Statement of Financial Artivities
for the year ended 31 October 2022
Unrestrirted
funds
2022
Restricted
tunds Total funds Totsl funds
2022
2022
2021
Notes
Income and endowments
from:
Donations and legacies
Charitable activities
Investments
Other
62,345
15.682
51,540
168
67.222
168
33
1.095
33
1,095
57
68,518
62,402
Total
16,810
51,708
Expenditure on:
Charitable activities
Other
15,930
46,036
61,966
1,208
16,043
13,488
39,346
14,696
55,389
70,085
Total
17,251
52,834
Net gains on investments
Net lexpenditurel/in¢ome
Transfers between funds
Net lexpenditurellincome
before other gainslllossesl
436
io
14411
16,1691
11,1261
6,169
11,5671
6,6101
5.043
11,5671
436
Other gains and losses
436
Net movement in funds
16,6101
5,043
11,5671
Reconciliation of funds:
Total funds brought forward
Total fvnds carried forward
28,340
40,983
69,323
68.887
21,730
46,026
67,756
69,323
Page 5

Braintree Youth Projert Charity
Summary Income and Expenditu￿ Account
for the year ended 31 Ortober 2022
2022
2021
Income
68,485
62,402
Interest and investment income
33
Gross income for the year
Expenditure
68,518
62.402
68,713
61,102
Depreciation and charges for
impairment of fixed assets
1,372
864
Total expenditu￿ for the year
Net lexpenditurel/income before tax
for the year
70,085
61.966
11,5671
436
Net (expenditure llincome for the year
11,5671
436
Page 6

Brasntree YoLrth Projert Charity
Balance Sheet
at 31 October 20Z2
2021
Company No.
07437568
Notes
2022
Fixed assets
Tangible asset5
12
5,453
5,453
3,516
3,516
Current assets
3,775
59,905
63,680
11.3771
62.303
3,861
74,227
78.088
112,2811
65,807
Debtors
Cash at bank and in hand
13
Creditors: Amount falling due within one year
Net current assets
Total assets less current liabilities
Net assets excluding pension asset or Ikability
Total net assets
14
67.756
69,323
69,323
67,756
69,323
67,756
The funds of the charity
Restrirted funds
Restricted income funds
15
46,026
46,026
40,983
40,983
Unrestricted funds
General funds
15
21,730
28,340
21,730
28,340
Reserves
15
Total funds
67,756
69,323
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies
Att 2006 relating to small companies.
For the year ended 31 October 2022 the company was entitled to exemption under section 477 of the
Companies Att 2006 relating to small companies.
The members have not required the company to obtain èn audit in accordance with section 476 of the
Companies Art 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Art
2006 with respert to accounting records and the preparation of accounts.
Approved by the board on 14 March 2023
And signed on its behalf by-
D.J. Huxter
Trustee
14 March 2023
Page 7

Braintree Youth Projert Charity
Statement of Cash flows
forthe yearended 31 Ortober 2022
2022
2021
Cash flows from operating artivities
Net lexpenditurel/in¢ome per Statement of Financial Activities
11,5671
436
Adjustments for:
Depreciation of property, plant and equipment
Profit on disposal of tangible fixed assets
Dividends, interest and rents from investments
Other gains/losses
Decrea5e/llncreasel in trade and other receivables
IDecreasel/lncrease in trade and other payables
1,372
909
1451
1571
11.1281
86
111,6941
13681
11,067
Net cash {used inl/provided by operating activrties
112,9311
11,942
Cash flows from investing actrvities
Payments for property, plant and equipment
Divrdends, interest and rents from investments
13,3091
1,128
11,5971
57
Net cash used in investing artrvities
12,1811
11.4951
Net cash from financing activities
Net Ide¢reasel/inc￿a$e in cash and cash equivalents
115,1121
10,447
Cash and cash equivalents at the beginning of the year
74,227
63,780
Cash and cash equivalents at the end ot the year
59,115
74,227
Components of cash and Cash equivalents
Cash and bank balances
59.905
74,227
59,905
74,227
Page 8

Braintree Youth Projert Charity
Notes to the Accounts
for the year ended 31 Ortober 2022
l 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 account5 In accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective I
January 20151 (Charities SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021 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.
These are unrestrirted funds earmarked by the trustees for particular purposes.
These are unrestricted funds which include a revaluation reseNe representing the
restatement of investment assets at their market values.
These are available for use subject to restrictions imposed by the donor or through
terms of an appeal.
Designated funds
Revaluation funds
Restricted funds
Income
Recognition of
income
Income is included in the Statement of Financial Activities ISOFAI when the charity
becomes entitSed to, and virtually certain to receive, the intome and the amovnt 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
legacies
Voluntary income received by way of grants, donations and gifts is Included in the
the SOFA when receivable and only when the Charity ha5 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 giftldonation 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.
Gainslllossesl on
This includes any gain or loss resulting from revaluing investments to market value
revaluation of fixed at the end of the year.
ssets
Gains/llossesl on
investment assets
This includes any gain or loss on the sale of investments.
Page 9

Braintree Youth Projett Charity
Notes to the Accounts
Expenditure
Recognition of
expenditure
Expenditure 15 recognised on an accruals basi5. Expenditure includes any VAT which
cannot be fully recovered, and is reported as part of the expenditure to which it
relates.
Expenditure on
raising funds
These comprise the cost5 associated with attracting voluntary income, fundraising
Expenditure on
trading costs and investment management costs.
These comprise the costs incurred by the Charity in the delivery of it5 attivities and
charitable actrvities service5 in the furtherance of its objerts, including the making of grants and
governance costs.
All grant expenditure is accoLtnted for on an attual paid basis plus an accrual for
grants that have been approved by the trustees at the end of the year but not yet
paid.
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.
These are support costs not allocated to a particular attivity.
Grants payable
Governance Costs
Other expenditure
Taxation
The charity is exempt from corporation tax on its charitable activitie5.
Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated
L15eful life..
Equipment
15% Straight line
Freehold investment property
Investment properties are measured initially at cost and subsequently at fair value at each balance sheet
date and are not depreciated. All gain5 or losses are taken to the Statement of Financial Attivities as they
arise.
Stocks
Stock is included at the lower of cost or net realisable value. Donated items of stoek are recogni5ed at fair
value which 15 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 Wlth 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 Flow5. 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.
Page 10

Braintree Youth Project Charity
Notes to the Accounts
Trade and other creditors
Short term creditors are measured at the transartion price. Other creditors and provisions are recognised
where the charity has a present obligation resulting frorn 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.
Research and development
Expenditure on research and development Is written off in the year in which it is incurred.
Foreign currencies
Monetary assets and liabilities denominated in currencies other than the functional currency of the
charity are translated at the rates of exchange prevailing at the end of the reporting period.
Transactions in currencies other than the functional currency of the charity are recorded at the rate of
exchange on the date that the transaction occurred.
All exchange differences are are taken into account in arriving at net incomelexpenditure.
Leased assets
Where the charity enters into a lease which entails taking substantially all the risk5 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 a5 a finance lease obligation.
Lease payments are apportioned between finance expenses and redurtion 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 attribLStable 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 a5 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 15 recogniged 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 whith the company pays fixed contributions into a separate entity. Once the
contributiorts have been paid the eompany 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.
Re¢eipt of donated goods, facilities and Se￿iCe$
All donated goods, facilities and services received are recognised within incoming resources and
expenditure at an estimate of the value to the charity.
Page 11

Braintree Youth Project Charity
Notes to the Accounts
2 Company status
The company is a private company limited by guarantee and consequently does not have share capital.
3 Statement of Financial Activitie5- prior year
Unrestrirted
funds
Restri¢ted
funds Total fvnds
2021
2021
2021
Income and endowments from:
Donations and legacies
Other
IS,793
57
46,552
62,345
57
Total
Expenditure on:
Charitable activitiès
Other
15,850
46,552
62,402
322
15,608
29,962
15,930
46.036
Total
16,074
16.396
45,570
Net income
61.966
Net income before other
gainslllossesl
Other garns and losses:
Net movement in funds
Reconciliation of funds..
Total funds brought fotward
Total funds carried forward
15471
983
436
15471
983
436
15471
983
436
28,887
40.000
68,887
28,340
40,983
69,323
4 Income from donation5 and legacies
Unrestricted
Restri¢ted
Total
Totsl
2022
2021
Grants received
Donations
8,451
7,231
15,682
51,540
59,991
7,231
67,222
50,992
11,353
62,345
51,540
5 Inwme from charitable artivities
Restrirted
Total
Total
2022
2021
Youth courses and projects
168
168
Page 12

Braintree Youth Project Charity
Notes to the Accounts
6 In¢ome from investments
Unrestricted
Total
Total
2021
Z022
33
Bank interest received
33
33
33
7 Other income
Unrestricted
Total
Totsl
2022
2021
Rental income
1,040
55
1.040
55
57
Tuck shop income
1,095
1,095
57
8 Expenditure on charitable artivities
Unrestricted
Restrirted
Totsl
Total
2022
2021
Expenditure on choritable
ottivitffes
Youth courses and projects
Youth sports equipment
Premises reftsrbishment
Governon¢e costs
Independent examiners fee
880
12,995
493
13,875
493
8,144
251
7,213
322
328
328
1.208
13,488
14,696
15,930
9 Other expenditure
Unrestricted
Restrirted
Total
Totsl
2022
2021
700
Refund of grant
700
30,248
12,691
Employee costs
Premises costs
Amortisation. depreciation,
impairment, profit/loss on
disposal of fixed assets
General administrative costs
Legal and professional costs
37,345
743
37,345
10,950
10,207
814
558
1,372
864
2,469
2,553
16,043
2,469
2.553
55,389
1,992
241
39,346
46,036
Page 13

Braintree Youth Project Charity
Notes to the Attounts
10 Net lexpendtturellincome before transfers
This is Stated after charging..
Depreciation of owned fixed assets
Independent Examiner's fee
11 Staff costs
2022
2021
1,372
332
909
310
Salaries and wages
Pension costs
2022
35,390
1,063
36.453
2021
28,229
805
29,034
No employee received emoluments in excess of £60.000.
The average monthly number of full time equivalent employees during the year was as follows..
2022
Number
2021
Number
Youth worker
Administration
12 Tangible fjxed assets
Equipment
Totsl
Cost or revaluation
At l November 2021
Additions
At 31 Ottober2022
Depreciation and
impairment
At l November 2021
Depreciation charge for the
year
At 31 October 2022
Net book values
At 31 Ortober2022
At 31 October 2021
13 Debtors
12,869
3,309
16,178
12,869
3,309
16,178
9,353
9,353
1,372
1,372
10,725
10,725
5,453
3,516
5,453
3.516
2022
2021
Trade debtors
Other debtors
Prepayments and accrued income
835
948
2.000
940
3.775
2,000
913
3.861
Page 14

Braintree Youth Project Charity
Notes to the Accounts
14 Creditors:
mounts falling due within one year
2022
2021
Other taxes and social security
Accrua15
Deferred income
238
58
349
11.874
12,281
1,139
1,377
15 Movement in funds
Incoming
resources
lincluding
November
other
2021 gainsllossesl
At31
October
2022
Resources
expended
Gross
Atl
transfers
Restricted funds:
Restricted income funds:
Salaries
Premises Costs
Sports Equipment and
Sessions
Activities and Trips
Horticultural Project
Medla Project
6.169
15,5711
11,0961
36.747
4,278
137,3451
11,1261
2,056
16681
113,6951
2,985
37,494
2,050
1,441
3,653
40,506
2.050
1,441
10,683
Totol
40,983
51,708
152,8341
6,169
46,026
Unrestricted funds-
General funds
28,340
16,810
117,2511
16,1691
21.730
Total funds
69,323
68,518
170,0851
67,756
Purposes and restrictions Sn relation to the funds..
Restricted funds..
Salaries
Premises Costs
Sports Equipment and
Sessions
Activities and Trips
Horticultural Project
Media Project
Fund staff Costs
Fund cost of premises
Fund cost of sports equipment and running sessions
Fund cost of attivitie5 and trips
Fund cost of a horticultural project
Fund cost of a media project
Page 15

Braintree Youth Project Charity
Notes to the Accounts
16 Analysis of net assets between funds
Unrestrirted
funds
Restricted
funds
Total
Fixed assets
Net current assets
2.863
26,069
28,932
2,590
36,234
38,824
5,453
62,303
67,756
17 Reconciliation of net debt
Ati
November
2021
At31
October
2022
Cash flows
Cash and cash equivalents
74,227
74,227
114.3221
114.3221
59,905
59,905
Net debt
74,227
114,3221
59,905
18 Commitments
Operating lease commitments
Annual commitments under non-cancellable operating leases are as follows:
2022
Land and
buildings
2022
2021
Land and
buildings
2021
Other
Other
Operating leases with expiry date:
Within one year
In the seconé to fifth years inclusive
132
132
8.000
8.000
8,000
8,000
132
132
Pension commitments
2022
2021
The pension cost charge to the company
amounted to:
1,063
805
19 Related party disclosures
Contmlling porty
Page 16

Braintree Youth Project Charity
Detailed Statement of Finan¢ial Activities
for the year ended 31 October 2022
Unrestricted
funds
2022
Restricted
funds
2022
Total funds
2022
Total funds
2021
Income and endowments from..
Donation5 and legacies
Grants received
Donations
8.451
7,231
15,682
51,540
59,991
7.231
67,222
50,992
11,353
62,345
51,540
Charitable activities
Youth courses and projecrs
168
168
168
Investments
Bank interest received
33
33
33
33
Other
Rental income
Tuck shop income
1,040
55
1,095
1.040
55
1,095
57
57
Total income and endowments
16,810
51,708
68,518
62.402
Expenditure on:
Charitable activities
Youth courses and projects
Youth sports equipment
Premises refurbishment
880
12,995
493
13.875
493
8.144
251
7,213
15,608
880
13,488
14,368
Governance costs
Independent examiners fee
328
328
328
322
328
322
Total of expenditure on charitable
a¢tivities
1,208
13,488
14.696
15,930
Other expenditure
Refund of grant
700
700
700
700
Employee costs
Salaries/wages
Pension costs
35,390
1,063
543
35,390
1,063
543
349
28,229
805
Staff recruitment
Staff training
Staff welfa
411
349
488
315
37,345
37,345
30,248
Premises costs
Rent
8,000
8,000
8,000
Page 17

Braintree Youth Projert Charity
Detailed Statement of Financial Activities
R8te5
Light, heat and power
Premises cleaning
Premises insurances
Premises repairs and
maintenance
204
1,160
332
511
204
183
1,046
461
505
1,160
332
511
743
743
2,496
General admrnistrative costs.
including depreciation and
amortisation
Depreciation of Equipment
Loss on disposal of tangible fixed
assets
Bank charges
Equipment leasing and hire
charges
Postage and couriers
Software, IT support and related
costs
10.207
743
10,950
12,691
814
558
1,372
909
1451
179
179
180
352
144
144
Stationery and printing
Subscriptions
Sundry expenses
Telephone, fax and broadband
216
992
992
174
734
174
459
521
129
459
521
3,841
49
288
2,856
Legal and professional costs
Solicitor's fees
Other legal and professronal
costs
3,283
558
2,195
2,195
358
358
241
2,553
Total o* expenditure of other costs
Total expenditure
Net gains on investments
2.553
241
16,043
39.346
55,389
70,085
46,036
17,251
52,834
61.966
Net lexpenditure)/income
Transfers between funds
Net lexpenditurel/income before
other gains/llossesl
Other Gains
14411
11,1261
11,5671
436
16,1691
6,169
16,6101
5,043
11,5671
436
Net movement in funds
16,6101
5,043
11.5671
436
Reconcilration of funds..
Total funds brou8ht forward
28,340
40,983
Totsl funds carried forward
69,323
68,887
21,730
46,026
67,756
69.323
Page 18

Braintree Youth Projert Charity
Charrty No. 1139014
Company No. 07437568
Trustees, Report and Unaudited Accounts
31 October 2022

Braintree Youth Projert Charity
Contents
Pages
2to3
Trustees, Annual Report
Independent Examiner's Report
Statement of Financial Activities
Summary Income and Expenditure Account
Balance Sheet
Statement of Cash flows
Notes to the Accounts
Detailed Statement of Financial Activities
9t016
17to18
Page I

6raintree Youth Projert Charity
Trustees Annual Report
The trustees, who are also direttors of the charity for the purposes of the Companies Act 2006,
present their report with the unaudited financial statements of the charity for the year ended 31
October 2022.
REFERENCE AND ADMINISTRATIVE DETAILS
Company No. 07437568
Charity No. 1139014
RegFStered Office
Fountain Cottages
2 St Michaels Road
Braintree
Essex
CM7 IEX
Directors and Trustees
The Directors of the charitable company are its Trustees for the purposes of charity law.
The following Direttors and Trustees served durin6 the year:
A.L. East
A. England
M. Farmer
G. Goodchild
D.J. Huxter
P. Smith
R.D. Wearmouth
IResigned 9 November 20211
(Resigned 11 November 20221
Company Secretary
K.R. Huxter
Accountants
Quantic Accountancy Limrted
I Second Avenue
Bluebridge
Halstead
Essex
C09 2SU
Bankers
CAF Bank Limited
25 Kings Hill Avenue
Kings Hill
West Maling
Kent
ME194JQ
Page 2

Braintree Youth Project Charity
Trustees Annual Report
oBJE￿IVEs AND ACTIVITIES
The purpose of the charity is to improve the life ehances of the young people of Braintree, through the
provision of a youth club.
The youth club forms the basis for the provision of services to meet the needs of the young people in areas
such 3s substance abuse, health, welfare, education, employment and relationships etc
ACHIEVEMENTS AND PERFORMANCE
The charity received grants and donations totalling £67,22312021: £62,345)
PLANS FOR FUTURE PERIODS
The trustees intend to continue its policy of providing services through the youth club to the young people
of Braintree.
STRu￿uRE, GOVERNANCE AND MANAGEMENT
The charity was incorporated on 11 November 2010 and is governed by the Memorandum and Articles of
Association of the company, and constitutes a limited company. limited by guarantee, as defined by the
Companies Act 20D6.
The trustees have considered the ris￿ faced by the charity and identified the major risks to which the
charity is exposed.
They have reviewed those risks and satisfied themselves that there are controls in place to mitigate their
potent131 effect.
New members of the board are identified by existing members to fill particular skills gaps and are given
appropriate chartty legislation guidance.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy
at any time the financial position of the charity and to enable them to ensure that the financial statements
comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the
charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The above report has been prepared in accordance with the provisions applicable to companies subjecr to
the small companie5 regime as set out in Part 15 of the Companies Act 2006 ?nd in accordance with the
Charities SORP IFRS 1021.
Signed on behalf of the bo
A.L. East
Trustee
14 March 2023
Page 3

Braintree Youth Projert Charity
Independent Examiners Report
Independent Examiner's Report to the trustees of Braintree Youth Projert Charity
I report to the charity trustees on my examination of the financial statements of Braintree Youth Projert
Charity for the year ended 31 October 2022 which comprise the Statement of Financial Attivities, the
Summary Income and Expenditure Account, the Balance Sheet, the Statement of Cash Flows and the related
notes.
Responsibilitie5 and basis of report
As the trustees of the charity land also its directors for the purposes of company lawl you are responsible for
the preparation of the financial statements in accordance with the requirements of the Companies Act 2006
I'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 Art 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 20111'the 2011 Art'l.
In carrying out my examination I have followed the Directions given by the Charity Commission under section
1451511bl of the 2011 Act.
Independent examiner's ststement
I have completed my examination. I can confirm that no material matters have come to my attention in
connection with the examination giving me tsuse to believe that..
accounting records were not kept in accordance with sectlDn 386 of the 2006 Att,- or
the financial statements do not accord with those records.. or
the financial statements do not comply with the accounting requirements under settion 396 of the 2006
Act other than any requrrement that the financial statements give a 'true and fair, view which is not
matter considered as part of an inLlependent examination,. or
the financial statements have not been prepared rn accordance with the Charities SORP IFRS 1021.
I have no concerns and have come across no other matters in connection with the examinatron to which
attention should be drawn in this report in order to enable a proper understanding of the financial
statements to be reached.
S J Foster FCCA
ACCA
Quantic Accountancy Limited
I Second Avenue
Bluebridge
Halstead
Essex
C09 2SU
14 March 2023
Page 4

Braintree Youth Projert Charity
Statement of Financial Artivities
for the year ended 31 October 2022
Unrestrirted
funds
2022
Restricted
tunds Total funds Totsl funds
2022
2022
2021
Notes
Income and endowments
from:
Donations and legacies
Charitable activities
Investments
Other
62,345
15.682
51,540
168
67.222
168
33
1.095
33
1,095
57
68,518
62,402
Total
16,810
51,708
Expenditure on:
Charitable activities
Other
15,930
46,036
61,966
1,208
16,043
13,488
39,346
14,696
55,389
70,085
Total
17,251
52,834
Net gains on investments
Net lexpenditurel/in¢ome
Transfers between funds
Net lexpenditurellincome
before other gainslllossesl
436
io
14411
16,1691
11,1261
6,169
11,5671
6,6101
5.043
11,5671
436
Other gains and losses
436
Net movement in funds
16,6101
5,043
11,5671
Reconciliation of funds:
Total funds brought forward
Total fvnds carried forward
28,340
40,983
69,323
68.887
21,730
46,026
67,756
69,323
Page 5

Braintree Youth Projert Charity
Summary Income and Expenditu￿ Account
for the year ended 31 Ortober 2022
2022
2021
Income
68,485
62,402
Interest and investment income
33
Gross income for the year
Expenditure
68,518
62.402
68,713
61,102
Depreciation and charges for
impairment of fixed assets
1,372
864
Total expenditu￿ for the year
Net lexpenditurel/income before tax
for the year
70,085
61.966
11,5671
436
Net (expenditure llincome for the year
11,5671
436
Page 6

Brasntree YoLrth Projert Charity
Balance Sheet
at 31 October 20Z2
2021
Company No.
07437568
Notes
2022
Fixed assets
Tangible asset5
12
5,453
5,453
3,516
3,516
Current assets
3,775
59,905
63,680
11.3771
62.303
3,861
74,227
78.088
112,2811
65,807
Debtors
Cash at bank and in hand
13
Creditors: Amount falling due within one year
Net current assets
Total assets less current liabilities
Net assets excluding pension asset or Ikability
Total net assets
14
67.756
69,323
69,323
67,756
69,323
67,756
The funds of the charity
Restrirted funds
Restricted income funds
15
46,026
46,026
40,983
40,983
Unrestricted funds
General funds
15
21,730
28,340
21,730
28,340
Reserves
15
Total funds
67,756
69,323
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies
Att 2006 relating to small companies.
For the year ended 31 October 2022 the company was entitled to exemption under section 477 of the
Companies Att 2006 relating to small companies.
The members have not required the company to obtain èn audit in accordance with section 476 of the
Companies Art 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Art
2006 with respert to accounting records and the preparation of accounts.
Approved by the board on 14 March 2023
And signed on its behalf by-
D.J. Huxter
Trustee
14 March 2023
Page 7

Braintree Youth Projert Charity
Statement of Cash flows
forthe yearended 31 Ortober 2022
2022
2021
Cash flows from operating artivities
Net lexpenditurel/in¢ome per Statement of Financial Activities
11,5671
436
Adjustments for:
Depreciation of property, plant and equipment
Profit on disposal of tangible fixed assets
Dividends, interest and rents from investments
Other gains/losses
Decrea5e/llncreasel in trade and other receivables
IDecreasel/lncrease in trade and other payables
1,372
909
1451
1571
11.1281
86
111,6941
13681
11,067
Net cash {used inl/provided by operating activrties
112,9311
11,942
Cash flows from investing actrvities
Payments for property, plant and equipment
Divrdends, interest and rents from investments
13,3091
1,128
11,5971
57
Net cash used in investing artrvities
12,1811
11.4951
Net cash from financing activities
Net Ide¢reasel/inc￿a$e in cash and cash equivalents
115,1121
10,447
Cash and cash equivalents at the beginning of the year
74,227
63,780
Cash and cash equivalents at the end ot the year
59,115
74,227
Components of cash and Cash equivalents
Cash and bank balances
59.905
74,227
59,905
74,227
Page 8

Braintree Youth Projert Charity
Notes to the Accounts
for the year ended 31 Ortober 2022
l 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 account5 In accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective I
January 20151 (Charities SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021 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.
These are unrestrirted funds earmarked by the trustees for particular purposes.
These are unrestricted funds which include a revaluation reseNe representing the
restatement of investment assets at their market values.
These are available for use subject to restrictions imposed by the donor or through
terms of an appeal.
Designated funds
Revaluation funds
Restricted funds
Income
Recognition of
income
Income is included in the Statement of Financial Activities ISOFAI when the charity
becomes entitSed to, and virtually certain to receive, the intome and the amovnt 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
legacies
Voluntary income received by way of grants, donations and gifts is Included in the
the SOFA when receivable and only when the Charity ha5 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 giftldonation 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.
Gainslllossesl on
This includes any gain or loss resulting from revaluing investments to market value
revaluation of fixed at the end of the year.
ssets
Gains/llossesl on
investment assets
This includes any gain or loss on the sale of investments.
Page 9

Braintree Youth Projett Charity
Notes to the Accounts
Expenditure
Recognition of
expenditure
Expenditure 15 recognised on an accruals basi5. Expenditure includes any VAT which
cannot be fully recovered, and is reported as part of the expenditure to which it
relates.
Expenditure on
raising funds
These comprise the cost5 associated with attracting voluntary income, fundraising
Expenditure on
trading costs and investment management costs.
These comprise the costs incurred by the Charity in the delivery of it5 attivities and
charitable actrvities service5 in the furtherance of its objerts, including the making of grants and
governance costs.
All grant expenditure is accoLtnted for on an attual paid basis plus an accrual for
grants that have been approved by the trustees at the end of the year but not yet
paid.
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.
These are support costs not allocated to a particular attivity.
Grants payable
Governance Costs
Other expenditure
Taxation
The charity is exempt from corporation tax on its charitable activitie5.
Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated
L15eful life..
Equipment
15% Straight line
Freehold investment property
Investment properties are measured initially at cost and subsequently at fair value at each balance sheet
date and are not depreciated. All gain5 or losses are taken to the Statement of Financial Attivities as they
arise.
Stocks
Stock is included at the lower of cost or net realisable value. Donated items of stoek are recogni5ed at fair
value which 15 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 Wlth 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 Flow5. 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.
Page 10

Braintree Youth Project Charity
Notes to the Accounts
Trade and other creditors
Short term creditors are measured at the transartion price. Other creditors and provisions are recognised
where the charity has a present obligation resulting frorn 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.
Research and development
Expenditure on research and development Is written off in the year in which it is incurred.
Foreign currencies
Monetary assets and liabilities denominated in currencies other than the functional currency of the
charity are translated at the rates of exchange prevailing at the end of the reporting period.
Transactions in currencies other than the functional currency of the charity are recorded at the rate of
exchange on the date that the transaction occurred.
All exchange differences are are taken into account in arriving at net incomelexpenditure.
Leased assets
Where the charity enters into a lease which entails taking substantially all the risk5 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 a5 a finance lease obligation.
Lease payments are apportioned between finance expenses and redurtion 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 attribLStable 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 a5 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 15 recogniged 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 whith the company pays fixed contributions into a separate entity. Once the
contributiorts have been paid the eompany 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.
Re¢eipt of donated goods, facilities and Se￿iCe$
All donated goods, facilities and services received are recognised within incoming resources and
expenditure at an estimate of the value to the charity.
Page 11

Braintree Youth Project Charity
Notes to the Accounts
2 Company status
The company is a private company limited by guarantee and consequently does not have share capital.
3 Statement of Financial Activitie5- prior year
Unrestrirted
funds
Restri¢ted
funds Total fvnds
2021
2021
2021
Income and endowments from:
Donations and legacies
Other
IS,793
57
46,552
62,345
57
Total
Expenditure on:
Charitable activitiès
Other
15,850
46,552
62,402
322
15,608
29,962
15,930
46.036
Total
16,074
16.396
45,570
Net income
61.966
Net income before other
gainslllossesl
Other garns and losses:
Net movement in funds
Reconciliation of funds..
Total funds brought fotward
Total funds carried forward
15471
983
436
15471
983
436
15471
983
436
28,887
40.000
68,887
28,340
40,983
69,323
4 Income from donation5 and legacies
Unrestricted
Restri¢ted
Total
Totsl
2022
2021
Grants received
Donations
8,451
7,231
15,682
51,540
59,991
7,231
67,222
50,992
11,353
62,345
51,540
5 Inwme from charitable artivities
Restrirted
Total
Total
2022
2021
Youth courses and projects
168
168
Page 12

Braintree Youth Project Charity
Notes to the Accounts
6 In¢ome from investments
Unrestricted
Total
Total
2021
Z022
33
Bank interest received
33
33
33
7 Other income
Unrestricted
Total
Totsl
2022
2021
Rental income
1,040
55
1.040
55
57
Tuck shop income
1,095
1,095
57
8 Expenditure on charitable artivities
Unrestricted
Restrirted
Totsl
Total
2022
2021
Expenditure on choritable
ottivitffes
Youth courses and projects
Youth sports equipment
Premises reftsrbishment
Governon¢e costs
Independent examiners fee
880
12,995
493
13,875
493
8,144
251
7,213
322
328
328
1.208
13,488
14,696
15,930
9 Other expenditure
Unrestricted
Restrirted
Total
Totsl
2022
2021
700
Refund of grant
700
30,248
12,691
Employee costs
Premises costs
Amortisation. depreciation,
impairment, profit/loss on
disposal of fixed assets
General administrative costs
Legal and professional costs
37,345
743
37,345
10,950
10,207
814
558
1,372
864
2,469
2,553
16,043
2,469
2.553
55,389
1,992
241
39,346
46,036
Page 13

Braintree Youth Project Charity
Notes to the Attounts
10 Net lexpendtturellincome before transfers
This is Stated after charging..
Depreciation of owned fixed assets
Independent Examiner's fee
11 Staff costs
2022
2021
1,372
332
909
310
Salaries and wages
Pension costs
2022
35,390
1,063
36.453
2021
28,229
805
29,034
No employee received emoluments in excess of £60.000.
The average monthly number of full time equivalent employees during the year was as follows..
2022
Number
2021
Number
Youth worker
Administration
12 Tangible fjxed assets
Equipment
Totsl
Cost or revaluation
At l November 2021
Additions
At 31 Ottober2022
Depreciation and
impairment
At l November 2021
Depreciation charge for the
year
At 31 October 2022
Net book values
At 31 Ortober2022
At 31 October 2021
13 Debtors
12,869
3,309
16,178
12,869
3,309
16,178
9,353
9,353
1,372
1,372
10,725
10,725
5,453
3,516
5,453
3.516
2022
2021
Trade debtors
Other debtors
Prepayments and accrued income
835
948
2.000
940
3.775
2,000
913
3.861
Page 14

Braintree Youth Project Charity
Notes to the Accounts
14 Creditors:
mounts falling due within one year
2022
2021
Other taxes and social security
Accrua15
Deferred income
238
58
349
11.874
12,281
1,139
1,377
15 Movement in funds
Incoming
resources
lincluding
November
other
2021 gainsllossesl
At31
October
2022
Resources
expended
Gross
Atl
transfers
Restricted funds:
Restricted income funds:
Salaries
Premises Costs
Sports Equipment and
Sessions
Activities and Trips
Horticultural Project
Medla Project
6.169
15,5711
11,0961
36.747
4,278
137,3451
11,1261
2,056
16681
113,6951
2,985
37,494
2,050
1,441
3,653
40,506
2.050
1,441
10,683
Totol
40,983
51,708
152,8341
6,169
46,026
Unrestricted funds-
General funds
28,340
16,810
117,2511
16,1691
21.730
Total funds
69,323
68,518
170,0851
67,756
Purposes and restrictions Sn relation to the funds..
Restricted funds..
Salaries
Premises Costs
Sports Equipment and
Sessions
Activities and Trips
Horticultural Project
Media Project
Fund staff Costs
Fund cost of premises
Fund cost of sports equipment and running sessions
Fund cost of attivitie5 and trips
Fund cost of a horticultural project
Fund cost of a media project
Page 15

Braintree Youth Project Charity
Notes to the Accounts
16 Analysis of net assets between funds
Unrestrirted
funds
Restricted
funds
Total
Fixed assets
Net current assets
2.863
26,069
28,932
2,590
36,234
38,824
5,453
62,303
67,756
17 Reconciliation of net debt
Ati
November
2021
At31
October
2022
Cash flows
Cash and cash equivalents
74,227
74,227
114.3221
114.3221
59,905
59,905
Net debt
74,227
114,3221
59,905
18 Commitments
Operating lease commitments
Annual commitments under non-cancellable operating leases are as follows:
2022
Land and
buildings
2022
2021
Land and
buildings
2021
Other
Other
Operating leases with expiry date:
Within one year
In the seconé to fifth years inclusive
132
132
8.000
8.000
8,000
8,000
132
132
Pension commitments
2022
2021
The pension cost charge to the company
amounted to:
1,063
805
19 Related party disclosures
Contmlling porty
Page 16

Braintree Youth Project Charity
Detailed Statement of Finan¢ial Activities
for the year ended 31 October 2022
Unrestricted
funds
2022
Restricted
funds
2022
Total funds
2022
Total funds
2021
Income and endowments from..
Donation5 and legacies
Grants received
Donations
8.451
7,231
15,682
51,540
59,991
7.231
67,222
50,992
11,353
62,345
51,540
Charitable activities
Youth courses and projecrs
168
168
168
Investments
Bank interest received
33
33
33
33
Other
Rental income
Tuck shop income
1,040
55
1,095
1.040
55
1,095
57
57
Total income and endowments
16,810
51,708
68,518
62.402
Expenditure on:
Charitable activities
Youth courses and projects
Youth sports equipment
Premises refurbishment
880
12,995
493
13.875
493
8.144
251
7,213
15,608
880
13,488
14,368
Governance costs
Independent examiners fee
328
328
328
322
328
322
Total of expenditure on charitable
a¢tivities
1,208
13,488
14.696
15,930
Other expenditure
Refund of grant
700
700
700
700
Employee costs
Salaries/wages
Pension costs
35,390
1,063
543
35,390
1,063
543
349
28,229
805
Staff recruitment
Staff training
Staff welfa
411
349
488
315
37,345
37,345
30,248
Premises costs
Rent
8,000
8,000
8,000
Page 17

Braintree Youth Projert Charity
Detailed Statement of Financial Activities
R8te5
Light, heat and power
Premises cleaning
Premises insurances
Premises repairs and
maintenance
204
1,160
332
511
204
183
1,046
461
505
1,160
332
511
743
743
2,496
General admrnistrative costs.
including depreciation and
amortisation
Depreciation of Equipment
Loss on disposal of tangible fixed
assets
Bank charges
Equipment leasing and hire
charges
Postage and couriers
Software, IT support and related
costs
10.207
743
10,950
12,691
814
558
1,372
909
1451
179
179
180
352
144
144
Stationery and printing
Subscriptions
Sundry expenses
Telephone, fax and broadband
216
992
992
174
734
174
459
521
129
459
521
3,841
49
288
2,856
Legal and professional costs
Solicitor's fees
Other legal and professronal
costs
3,283
558
2,195
2,195
358
358
241
2,553
Total o* expenditure of other costs
Total expenditure
Net gains on investments
2.553
241
16,043
39.346
55,389
70,085
46,036
17,251
52,834
61.966
Net lexpenditure)/income
Transfers between funds
Net lexpenditurel/income before
other gains/llossesl
Other Gains
14411
11,1261
11,5671
436
16,1691
6,169
16,6101
5,043
11,5671
436
Net movement in funds
16,6101
5,043
11.5671
436
Reconcilration of funds..
Total funds brou8ht forward
28,340
40,983
Totsl funds carried forward
69,323
68,887
21,730
46,026
67,756
69.323
Page 18