BYPG
Brantree Youth Prql Ct
ANNUAL REPORT
2025
## **Chairman's Report**
This is my first report as Chairman, having taken on the role following the decision by our long-standing Chairman, Andrew East, to step down in Autumn 2024. Andrew had served on the Board for nearly ten years and we owe him enormous gratitude for his guiding hand over this time. The last year has seen much transition within both the staff team and the Board, and we are looking forward to greater stability in the coming year, with a very good team now in place.
We have a small group of regular volunteers who give up their time to come down to sessions and go on trips, without these wonderful people we wouldn’t be able to put on some of the excellent activities that we have been able to run, but we are always looking to add to their number.
Spending time with the young people of Braintree is a privilege, it can be very rewarding and I encourage others to join us.
I have enjoyed attending sessions at The Hut as a volunteer, and a memorable evening trip to London with a group of young people to see Wicked.
We have welcomed new Board members this year which has been a source of great support and a huge encouragement. Thank you to Binny and Carole for coming on board.
I would like to give special thanks to Kirsty who stepped back in to help with finances and give advice to the board over the last year, Penny, who has continued to support us with her Safeguarding role, and Graham, who has once again managed to help us find significant amounts of funding which will allow the young people of Braintree to have excellent provision and some wonderful experiences in the near future.
God Bless
David Huxter Chairman
## **Centre Manager’s Report**
It is a pleasure to introduce myself as the new Centre Manager at Braintree Youth Project Charity (BYPC), having joined the team on the 1st of April 2025. I am truly grateful for the warm welcome I’ve received and feel blessed to be part of such a passionate and committed team. I look forward to seeing what God has in store for us as we continue to serve the young people of Braintree.
Currently, our centre is thriving with weekly activities designed to offer young people a safe and engaging environment. Monday evenings see the building come alive with our Board Games night, providing a relaxed and social space. On Wednesday afternoons, we host our Home Education group, offering valuable support to local families. Fridays are our busiest day with our popular Drop-In sessions, which continue to be a cornerstone of our outreach.
We are also in the process of expanding our programme. Plans are underway to launch a Sports and Boxing session on Tuesdays, aimed at engaging a wider demographic of young people through fitness and discipline. Additionally, we are excited to be bringing back our well-loved Lego Club, which has previously been a hit with many of our younger attendees.
As Centre Manager, my role includes overseeing the day-to-day administration, financial responsibilities, and property management. It is essential that we meet all legal requirements as both a registered charity and a company, and we take great care to ensure best practices are upheld in our work with young people, in supporting our invaluable volunteers, and in promoting the mission of BYPC throughout Braintree and the surrounding area.
It has been a joy to work alongside Lucy O'Dell, whose experience and dedication have been a great support. We are also delighted to welcome our new Youth Worker, Leanne Bewley, who brings fresh energy and enthusiasm to our team.
As we move forward, we remain committed to shining brightly in Braintree and finding new ways to reach, support and inspire more young people in our community. Thank you for your continued prayers, encouragement, and support.
With every blessing, Eutecia Jegede Centre Manager
## **Youth Worker’s Report**
I’d like to take this opportunity to warmly welcome two new members of staff to the Braintree Youth Project Charity team. Leanne has joined us as our new full-time Youth Worker, and Eutecia has come on board as our new Centre Manager. We’re thrilled to have them both with us and excited for the experience and passion they bring to our work with young people.
I would also like to extend a heartfelt thank you to all of our incredible volunteers. Your ongoing time, commitment, and support make a real difference to the lives of young people in Braintree it is always deeply appreciated. We are looking forward to showing our gratitude by welcoming you all to our Thank You BBQ this summer more details will follow soon!
We’re also on the lookout for new volunteers to join our team. If you or someone you know is interested, please feel free to pop down to The Hut and speak to one of our friendly team members we’d love to hear from you.
Over the past year, we’ve run 13 day trips and 2 residentials for the young people who attend BYPC. Thanks to the support of the Jack Petchey Foundation, we’re excited to expand our programme and offer even more opportunities for day trips in the year ahead.
We’re also introducing some new sessions, including “Time for Me,” which focuses on mental health and wellbeing, and a brand-new sporty session. With these additions, we’ll now be running five sessions each week, creating more opportunities for young people to engage, connect, and thrive.
Importantly, we’ve continued to support some of our most vulnerable young people — including those in the care system by offering one-on-one support, additional time, and by attending Child in Need (CIN) meetings when needed. This holistic approach ensures that our support reaches those who need it most.
Finally, I’d like to say a special thank you to all of the churches who have consistently shown generosity and encouragement towards our work. We’re pleased to announce that we’ll be restarting our church visits now that our new team members have settled in.
Thank you once again for being part of our journey.
Warm regards,
Lucy O'DellYouth Worker
## **Safeguarding Report – April 2025**
This has been a busy year for BYPC. We have reviewed our policy and procedures, as we do at least annually, and linked them with the Behaviour Management policy and procedures.
Our aim is to make safeguarding procedures very clear and accessible to all – staff, volunteers and young people.
Several meetings have been held with relevant people to address one or two safeguarding concerns that were raised by youth workers and volunteers.
DBS applications have been processing, and this will continue, to ensure everyone who is working with our young people is up-to-date with their Disclosure and Barring Service certificates.
We continue to subscribe to 31-8, a Christian organisation, inspired to “speak out on behalf of the voiceless, and for the rights of all who are vulnerable” Proverbs 31:8
We have received offers of support from Essex Youth Services, to carry out an audit of our safeguarding at BYPC. This will not only ensure we are compliant but also draw on their wider experiences in dealing with safeguarding issues.
EYS will be delivering safeguarding training in May for all staff and volunteers.
Safeguarding is a priority for all adults and young people at BYPC and our work to keep it high profile will continue.
We are at the beginning of an exciting period in the life of BYPC, with excellent new staff on board; Centre manager and Youth Worker, and a dedicated, passionate youth worker supporting their start in their new roles. With these roles filled, and safeguarding being owned by all, we will continue to make sure that BYPC is a safe and welcoming place for 11-18 year olds.
Penny Smith Lead Recruiter
## **Finance Report**
Our finances remain steady, due mainly to the work of Graham Goodchild as Fundraiser, who has secured numerous grants this year, including support from the Lottery Community Fund which covers staff salaries.
There is always maintenance work needed on the building, and this is provided for through general running costs.
We have also spent significant amounts on equipment this year, funded by a grant from the Lottery Community Fund. This equipment should be long-lasting, and able to be rented out to other organisations, which will bring in revenue.
Individual and church donations have been generous, and we thank everyone who has been able to contribute financially, especially at a time when many face personal and organisational budget constrictions.
Financial year 2023-2024 (Nov 2023-Oct 2024) Income: £68,169.53 Expenditure: £67,804.49 Net surplus: £365.04
## Restricted Grants:
- National Lottery Community Fund (Salaries) - £35,975.50
- National Lottery Community Fund (Equipment) - £13,000.00
- Essex Community Foundation - £5520.00
- Jack Petchey Foundation - £1559.90
- Essex Council for Voluntary Youth Services - £90.00
- Employee Volunteering - £300.00 Total: £56,695.40
## Unrestricted Grants:
- Town Partnership - £1367.37 Future funding
Forward funding looks promising as we have obtained some finance for our programs in the coming twelve months, which will enable us to commit to upcoming events. We now need to start building relationships to cement funding when the lottery runs out in two years.
Kirsty Huxter Finance Director
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## **Support Us Financially**
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: 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 it from our website.
Every gift makes a difference. Thank you!
Thank you for your support!
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 Project Charity**
**Charity No. 1139014**
**Company No. 07437568**
**Trustees' Report and Unaudited Accounts**
**31 October 2024**
**Braintree Youth Project Charity Contents**
||Pages||
|---|---|---|
|Trustees' Annual Report|2 to 3||
|Independent Examiner's Report||4|
|Statement of Financial Activities||5|
|Summary Income and Expenditure Account||6|
|Balance Sheet||7|
|Notes to the Accounts|8 to|15|
|Detailed Statement of Financial Activities|16 to|17|
Page 1
**Braintree Youth Project Charity Trustees Annual Report**
The trustees, who are also directors 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 2024.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Company No. 07437568**
## **Charity No. 1139014**
## **Registered Office**
Fountain Cottages 2 St Michaels Road Braintree Essex CM7 1EX
## **Directors and Trustees**
The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:
A.L. East D.J. Huxter P. Smith R.D. Wearmouth
## **Company Secretary**
K.R. Huxter
## **Accountants**
Quantic Accountancy Limited 1 Second Avenue Bluebridge Halstead Essex CO9 2SU
## **Bankers**
CAF Bank Limited 25 Kings Hill Avenue Kings Hill West Maling Kent ME19 4JQ
Page 2
**Braintree Youth Project Charity Trustees Annual Report**
## **OBJECTIVES AND ACTIVITIES**
The purpose of the charity is to improve the life chances 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 as substance abuse, health, welfare, education, employment and relationships etc
## **ACHIEVEMENTS AND PERFORMANCE**
The charity received grants and donations totalling £68,440 (2023: £62,960)
## **PLANS FOR FUTURE PERIODS**
The trustees intend to continue its policy of providing services through the youth club to the young people of Braintree.
## **STRUCTURE, 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 2006.
The trustees have considered the risks 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 potential effect.
New members of the board are identified by existing members to fill particular skills gaps and are given appropriate charity 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 subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).
Signed on behalf of the board
A.L. East Trustee 13 May 2025
Page 3
**Braintree Youth Project Charity Independent Examiners Report**
## **Independent Examiner's Report to the trustees of Braintree Youth Project Charity**
I report to the charity trustees on my examination of the financial statements of Braintree Youth Project Charity for the year ended 31 October 2024.
## **Responsibilities and basis of report**
As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act.
Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe:
- accounting records were not kept in accordance with section 386 of the 2006 Act ; or
- the financial statements do not accord with those records; or
- the financial statements do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination; or
- the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
S J Foster (FCCA) ACCA Quantic Accountancy Limited 1 Second Avenue Bluebridge Halstead Essex CO9 2SU 13 May 2025
Page 4
**Braintree Youth Project Charity Statement of Financial Activities**
## **for the year ended 31 October 2024**
|**Notes**
**Income and endowments**
**from:**
Donations and legacies
4
Charitable activities
5
Investments
6
Other
7
**Total**
**Expenditure on:**
Charitable activities
8
Other
9
**Total**
Net gains on investments
**Net expenditure**
10
Transfers between funds
**Net expenditure before other**
**gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**2024**
**£**
11,995
-
63
1,480|**Restricted**
**funds**
**2024**
**£**
56,445
141
-
-|**Total funds**
**2024**
**£**
68,440
141
63
1,480|**Total funds**
**2023**
**£**
62,960
490
123
400|
|---|---|---|---|---|
||13,538
355
22,280|56,586
3,203
46,485|70,124
3,558
68,765|63,973
10,196
61,934|
||22,635
-|49,688
-|72,323
-|72,130
-|
||(9,097)
-|6,898
-|(2,199)
-|(8,157)
-|
||(9,097)|6,898|(2,199)|(8,157)|
||(9,097)
13,283|6,898
46,316|(2,199)
59,599|(8,157)
67,756|
||4,186|53,214|57,400|59,599|
Page 5
**Braintree Youth Project Charity Summary Income and Expenditure Account**
## **for the year ended 31 October 2024**
|Income
Interest and investment income
**Gross income for the year**
Expenditure
Depreciation and charges for
impairment of fixed assets
**Total expenditure for the year**
Net expenditure before tax for the year
**Net expenditure for the year**|**2024**
**£**
70,061
63
70,124
68,855
3,468
72,323
(2,199)
(2,199)|**2023**
**£**
63,850
123|
|---|---|---|
|||63,973|
|||70,722
1,408|
|||72,130|
|||(8,157)|
|||(8,157)|
Page 6
**Braintree Youth Project Charity Balance Sheet**
## **at 31 October 2024**
|**Company No.**
**07437568**
**Notes**
**2024**
**£**
**Fixed assets**
Tangible assets
12
15,004
15,004
**Current assets**
Debtors
13
5,626
Cash at bank and in hand
37,349
42,975
**Creditors:**Amount falling due within one year
14
(579)
**Net current assets**
42,396
**Total assets less current liabilities**
57,400
**Net assets excluding pension asset or liability**
57,400
**Total net assets**
57,400
**The funds of the charity**
**Restricted funds**
15
Restricted income funds
53,214
53,214
**Unrestricted funds**
15
General funds
4,186
4,186
**Reserves**
15
**Total funds**
57,400|**2023**
**£**
4,346|
|---|---|
||4,346
3,551
52,860|
||56,411
(1,158)|
||55,253
59,599|
||59,599|
||59,599|
||46,316|
||46,316
13,283|
||13,283|
||59,599|
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
For the year ended 31 October 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 13 May 2025
And signed on its behalf by:
D.J. Huxter Trustee 13 May 2025
Page 7
**Braintree Youth Project Charity Notes to the Accounts**
## **for the year ended 31 October 2024**
- 1 **Accounting policies**
## **Basis of preparation**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Change in basis of accounting or to previous accounts**
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
## **Fund accounting**
- Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
- Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
- Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
## **Income**
- Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
- Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA.
- Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
- Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 8
**Braintree Youth Project Charity Notes to the Accounts**
## **Expenditure**
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT expenditure which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs. Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
Other expenditure These are support costs not allocated to a particular activity.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Tangible fixed assets and depreciation**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Equipment 15% Straight line
## **Trade and other debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
## **Trade and other creditors**
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Page 9
**Braintree Youth Project Charity Notes to the Accounts**
## **Leased assets**
Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.
Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
## **Pension costs**
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
## **Receipt of donated goods, facilities and services**
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
## 2 **Company status**
The company is a private company limited by guarantee and consequently does not have share capital.
Page 10
**Braintree Youth Project Charity Notes to the Accounts**
## 3 **Statement of Financial Activities - prior year**
|**Income and endowments from:**
Donations and legacies
Charitable activities
Investments
Other
**Total**
**Expenditure on:**
Charitable activities
Other
**Total**
**Net income**
Transfers between funds
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
4
**Income from donations and legacies**
Grants received
Donations
5
**Income from charitable activities**
Youth courses and projects|**Unrestricted**
**£**
1,367
10,628
11,995|**Unrestricted**
**funds**
**2023**
**£**
14,002
-
123
400
14,525
339
17,250
17,589
(3,064)
(5,383)
(8,447)
(8,447)
21,730
13,283
**Restricted**
**£**
56,445
-
56,445
**Restricted**
**£**
141
141|**Restricted**
**funds**
**2023**
**£**
48,958
490
-
-
49,448
9,857
44,684
54,541
(5,093)
5,383
290
290
46,026
46,316
**Total**
**2024**
**£**
57,812
10,628
68,440
**Total**
**2024**
**£**
141
141|**Total funds**
**2023**
**£**
62,960
490
123
400|
|---|---|---|---|---|
|||||63,973
10,196
61,934|
|||||72,130|
|||||(8,157)
-|
|||||(8,157)|
|||||(8,157)
67,756|
|||||59,599|
|||||**Total**
**2023**
**£**
53,099
9,861|
|||||62,960|
|||||**Total**
**2023**
**£**
490|
|||||490|
Page 11
**Braintree Youth Project Charity Notes to the Accounts**
## 6 **Income from investments**
|Bank interest received
7
**Other income**
Rental income
8
**Expenditure on charitable activities**
_Expenditure on charitable_
_activities_
Youth courses and projects
Youth sports equipment
_Governance costs_
Independent examiners fee
9
**Other expenditure**
Refund of grant
Marketing costs
Employee costs
Premises costs
Amortisation, depreciation,
impairment, profit/loss on
disposal of fixed assets
General administrative costs
Legal and professional costs
10 **Net expenditure before transfers**
This is stated after charging:
Depreciation of owned fixed assets|**Unrestricted**
**£**
-
-
355
355
**Unrestricted**
**£**
-
245
1,028
12,868
2,934
4,888
317
22,280|**Unrestricted**
**£**
63
63
**Unrestricted**
**£**
1,480
1,480|**Total**
**2024**
**£**
63
63
**Total**
**2024**
**£**
1,480
1,480|**Total**
**2023**
**£**
123|
|---|---|---|---|---|
|||||123|
|||||**Total**
**2023**
**£**
400|
|||||400|
||||||
|||**Restricted**
**£**
2,973
230
-
3,203
**Restricted**
**£**
1,750
-
41,251
2,950
534
-
-
46,485
**2024**
**£**
3,468|**Total**
**2024**
**£**
2,973
230
355
3,558
**Total**
**2024**
**£**
1,750
245
42,279
15,818
3,468
4,888
317
68,765|**Total**
**2023**
**£**
9,501
356
339|
|||||10,196|
|||||**Total**
**2023**
**£**
-
744
44,576
12,158
1,408
2,790
258|
|||||61,934|
|||||**2023**
**£**
1,408|
Page 12
**Braintree Youth Project Charity Notes to the Accounts**
|11|**Staff costs**|||
|---|---|---|---|
|||**2024**|**2023**|
||Salaries and wages|40,238|42,799|
||Pension costs|938|1,315|
|||41,176|44,114|
||No employee received emoluments in excess of £60,000.|||
||The average monthly number of full time equivalent employees|during the year was as follows:||
|||**2024**|**2023**|
|||**Number**|**Number**|
||Youth worker|3|2|
||Administration|1|1|
|||4|3|
|12|**Tangible fixed assets**|||
|||**Equipment**|**Total**|
|||**£**|**£**|
||**Cost or revaluation**|||
||At 1 November 2023|16,479|16,479|
||Additions|14,126|14,126|
||At 31 October 2024|30,605|30,605|
||**Depreciation and**|||
||**impairment**|||
||At 1 November 2023|12,133|12,133|
||Depreciation charge for the|3,468|3,468|
||year|||
||At 31 October 2024|15,601|15,601|
||**Net book values**|||
||At 31 October 2024|15,004|15,004|
||At 31 October 2023|4,346|4,346|
|13|**Debtors**|||
|||**2024**|**2023**|
|||**£**|**£**|
||Trade debtors|1,970|603|
||Other debtors|2,000|2,000|
||Prepayments and accrued income|1,656|948|
|||5,626|3,551|
|14|**Creditors:**|||
||amounts falling due within one year|||
|||**2024**|**2023**|
|||**£**|**£**|
||Other taxes and social security|227|14|
||Accruals|352|1,144|
|||579|1,158|
Page 13
**Braintree Youth Project Charity Notes to the Accounts**
## 15 **Movement in funds**
|**Restricted funds:**
**Restricted income funds:**
Salaries
Premises Costs
Sports Equipment and
Sessions
Heating
Activities and Trips
Horticultural Project
Media Project
_Total_
**Unrestricted funds:**
**General funds**
**Total funds**|**At 1**
**November**
**2023**
-
5,556
4,075
-
33,194
2,050
1,441
46,316
13,283
59,599|**Incoming**
**resources**
**(including**
**other**
**gains/losses)**
**£**
54,495
300
-
-
1,791
-
-
56,586
13,538
70,124|**Resources**
**expended**
**£**
-
(41,251)
(764)
(4,700)
(2,973)
-
-
(49,688)
(22,635)
(72,323)|**At 31**
**October**
**2024**
**£**
54,495
(35,395)
3,311
(4,700)
32,012
2,050
1,441|
|---|---|---|---|---|
|||||53,214|
|||||4,186|
|||||57,400|
Purposes and restrictions in relation to the funds:
Restricted funds: Salaries Fund staff costs Premises Costs Fund cost of premises Sports Equipment and Fund cost of sports equipment and running sessions Sessions Heating Fund cost of sports equipment and running sessions Activities and Trips Fund cost of activities and trips Horticultural Project Fund cost of a horticultural project Media Project Fund cost of a media project
## 16 **Analysis of net assets between funds**
|Fixed assets
Net current assets|**Unrestricted**
**funds**
**£**
13,502
30,902
44,404|**Restricted**
**funds**
**£**
1,502
11,494
12,996|**Total**
**£**
15,004
42,396|
|---|---|---|---|
||||57,400|
Page 14
**Braintree Youth Project Charity Notes to the Accounts**
## 17 **Reconciliation of net debt**
|**Reconciliation of net debt**||||
|---|---|---|---|
|Cash and cash equivalents
Net debt|**At 1**
**November**
**2023**
**£**|**Cash flows**
**£**|**At 31**
**October**
**2024**
**£**|
||52,860|(15,511)|37,349|
||52,860
52,860|(15,511)
(15,511)|37,349|
||||37,349|
## 18 **Commitments**
## _**Operating lease commitments**_
Annual commitments under non-cancellable operating leases are as follows:
|Operating leases with expiry date:
Within one year
In the second to fifth years inclusive
**_Pension commitments_**
The pension cost charge to the company
amounted to:
**Related party disclosures**
**_Controlling party_**|**2024**
**Land and**
**buildings**
**£**
-
8,000
8,000|**2024**
**Other**
**£**
-
-
-
**2024**
**£**
938|**2023**
**Land and**
**buildings**
**£**
-
8,000
8,000|**2023**
**Other**
**£**
264
-|
|---|---|---|---|---|
|||||264|
|||||**2023**
**£**
1,315|
||||||
## 19 **Related party disclosures**
There is no controlling party.
Page 15
**Braintree Youth Project Charity Detailed Statement of Financial Activities**
## **for the year ended 31 October 2024**
|**Income and endowments from:**
Donations and legacies
Grants received
Donations
Charitable activities
Youth courses and projects
Investments
Bank interest received
Other
Rental income
**Total income and endowments**
**Expenditure on:**
Charitable activities
Youth courses and projects
Youth sports equipment
Governance costs
Independent examiners fee
**Total of expenditure on charitable**
**activities**
Other expenditure
Refund of grant
Marketing costs
Employee costs
Salaries/wages
Pension costs
Staff entertainment
Staff recruitment
Staff training
Premises costs
Rent
Rates|**Unrestricted**
**funds**
**2024**
**£**
1,367
10,628
11,995
-
-
63
63
1,480
1,480
13,538
-
-
-
355
355
355
-
245
245
-
-
468
-
560
1,028
8,000
267|**Restricted**
**funds**
**2024**
**£**
56,445
-
56,445
141
141
-
-
-
-
56,586
2,973
230
3,203
-
-
3,203
1,750
-
1,750
40,238
938
-
75
-
41,251
-
-|**Total funds**
**2024**
**£**
57,812
10,628
68,440
141
141
63
63
1,480
1,480
70,124
2,973
230
3,203
355
355
3,558
1,750
245
1,995
40,238
938
468
75
560
42,279
8,000
267|**Total funds**
**2023**
**£**
53,099
9,861|
|---|---|---|---|---|
|||||62,960|
|||||490|
|||||490|
|||||123|
|||||123|
|||||400|
|||||400|
|||||63,973
9,501
356|
|||||9,857|
|||||339|
|||||339|
|||||10,196
-
744|
|||||744|
|||||42,799
1,315
446
-
16|
|||||44,576|
|||||8,000
872|
Page 16
## **Braintree Youth Project Charity Detailed Statement of Financial Activities**
|Light, heat and power
Premises cleaning
Premises insurances
Premises repairs and
maintenance
General administrative costs,
including depreciation and
amortisation
Depreciation of Equipment
Bank charges
General insurances
Postage and couriers
Software, IT support and related
costs
Stationery and printing
Subscriptions
Telephone, fax and broadband
Legal and professional costs
Other legal and professional
costs
**Total of expenditure of other costs**
**Total expenditure**
Net gains on investments
**Net expenditure**
**Net expenditure before other**
**gains/(losses)**
Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|1,457
359
1,030
1,755
12,868
2,934
66
651
9
1,209
1,626
469
858
7,822
317
317
22,280
22,635
-
(9,097)
(9,097)
-
(9,097)
13,283
4,186|-
-
-
2,950
2,950
534
-
-
-
-
-
-
-
534
-
-
46,485
49,688
-
6,898
6,898
-
6,898
46,316
53,214|1,457
359
1,030
4,705
15,818
3,468
66
651
9
1,209
1,626
469
858
8,356
317
317
68,765
72,323
-
(2,199)
(2,199)
-
(2,199)
59,599
57,400|1,382
223
365
1,316|
|---|---|---|---|---|
|||||12,158|
|||||1,408
125
642
14
247
915
305
542|
|||||4,198|
|||||258|
|||||258|
||||||
|||||61,934|
|||||72,130
-|
|||||(8,157)|
|||||(8,157)
-|
|||||(8,157)|
|||||67,756|
|||||59,599|
Page 17
## **Braintree Youth Project Charity**
**Charity No. 1139014**
**Company No. 07437568**
**Trustees' Report and Unaudited Accounts**
**31 October 2024**
**Braintree Youth Project Charity Contents**
||Pages||
|---|---|---|
|Trustees' Annual Report|2 to 3||
|Independent Examiner's Report||4|
|Statement of Financial Activities||5|
|Summary Income and Expenditure Account||6|
|Balance Sheet||7|
|Notes to the Accounts|8 to|15|
|Detailed Statement of Financial Activities|16 to|17|
Page 1
**Braintree Youth Project Charity Trustees Annual Report**
The trustees, who are also directors 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 2024.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Company No. 07437568**
## **Charity No. 1139014**
## **Registered Office**
Fountain Cottages 2 St Michaels Road Braintree Essex CM7 1EX
## **Directors and Trustees**
The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:
A.L. East D.J. Huxter P. Smith R.D. Wearmouth
## **Company Secretary**
K.R. Huxter
## **Accountants**
Quantic Accountancy Limited 1 Second Avenue Bluebridge Halstead Essex CO9 2SU
## **Bankers**
CAF Bank Limited 25 Kings Hill Avenue Kings Hill West Maling Kent ME19 4JQ
Page 2
**Braintree Youth Project Charity Trustees Annual Report**
## **OBJECTIVES AND ACTIVITIES**
The purpose of the charity is to improve the life chances 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 as substance abuse, health, welfare, education, employment and relationships etc
## **ACHIEVEMENTS AND PERFORMANCE**
The charity received grants and donations totalling £68,440 (2023: £62,960)
## **PLANS FOR FUTURE PERIODS**
The trustees intend to continue its policy of providing services through the youth club to the young people of Braintree.
## **STRUCTURE, 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 2006.
The trustees have considered the risks 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 potential effect.
New members of the board are identified by existing members to fill particular skills gaps and are given appropriate charity 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 subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).
Signed on behalf of the board
A.L. East Trustee 13 May 2025
Page 3
**Braintree Youth Project Charity Independent Examiners Report**
## **Independent Examiner's Report to the trustees of Braintree Youth Project Charity**
I report to the charity trustees on my examination of the financial statements of Braintree Youth Project Charity for the year ended 31 October 2024.
## **Responsibilities and basis of report**
As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act.
Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe:
- accounting records were not kept in accordance with section 386 of the 2006 Act ; or
- the financial statements do not accord with those records; or
- the financial statements do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination; or
- the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
S J Foster (FCCA) ACCA Quantic Accountancy Limited 1 Second Avenue Bluebridge Halstead Essex CO9 2SU 13 May 2025
Page 4
**Braintree Youth Project Charity Statement of Financial Activities**
## **for the year ended 31 October 2024**
|**Notes**
**Income and endowments**
**from:**
Donations and legacies
4
Charitable activities
5
Investments
6
Other
7
**Total**
**Expenditure on:**
Charitable activities
8
Other
9
**Total**
Net gains on investments
**Net expenditure**
10
Transfers between funds
**Net expenditure before other**
**gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**2024**
**£**
11,995
-
63
1,480|**Restricted**
**funds**
**2024**
**£**
56,445
141
-
-|**Total funds**
**2024**
**£**
68,440
141
63
1,480|**Total funds**
**2023**
**£**
62,960
490
123
400|
|---|---|---|---|---|
||13,538
355
22,280|56,586
3,203
46,485|70,124
3,558
68,765|63,973
10,196
61,934|
||22,635
-|49,688
-|72,323
-|72,130
-|
||(9,097)
-|6,898
-|(2,199)
-|(8,157)
-|
||(9,097)|6,898|(2,199)|(8,157)|
||(9,097)
13,283|6,898
46,316|(2,199)
59,599|(8,157)
67,756|
||4,186|53,214|57,400|59,599|
Page 5
**Braintree Youth Project Charity Summary Income and Expenditure Account**
## **for the year ended 31 October 2024**
|Income
Interest and investment income
**Gross income for the year**
Expenditure
Depreciation and charges for
impairment of fixed assets
**Total expenditure for the year**
Net expenditure before tax for the year
**Net expenditure for the year**|**2024**
**£**
70,061
63
70,124
68,855
3,468
72,323
(2,199)
(2,199)|**2023**
**£**
63,850
123|
|---|---|---|
|||63,973|
|||70,722
1,408|
|||72,130|
|||(8,157)|
|||(8,157)|
Page 6
**Braintree Youth Project Charity Balance Sheet**
## **at 31 October 2024**
|**Company No.**
**07437568**
**Notes**
**2024**
**£**
**Fixed assets**
Tangible assets
12
15,004
15,004
**Current assets**
Debtors
13
5,626
Cash at bank and in hand
37,349
42,975
**Creditors:**Amount falling due within one year
14
(579)
**Net current assets**
42,396
**Total assets less current liabilities**
57,400
**Net assets excluding pension asset or liability**
57,400
**Total net assets**
57,400
**The funds of the charity**
**Restricted funds**
15
Restricted income funds
53,214
53,214
**Unrestricted funds**
15
General funds
4,186
4,186
**Reserves**
15
**Total funds**
57,400|**2023**
**£**
4,346|
|---|---|
||4,346
3,551
52,860|
||56,411
(1,158)|
||55,253
59,599|
||59,599|
||59,599|
||46,316|
||46,316
13,283|
||13,283|
||59,599|
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
For the year ended 31 October 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 13 May 2025
And signed on its behalf by:
D.J. Huxter Trustee 13 May 2025
Page 7
**Braintree Youth Project Charity Notes to the Accounts**
## **for the year ended 31 October 2024**
- 1 **Accounting policies**
## **Basis of preparation**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Change in basis of accounting or to previous accounts**
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
## **Fund accounting**
- Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
- Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
- Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
## **Income**
- Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
- Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA.
- Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
- Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 8
**Braintree Youth Project Charity Notes to the Accounts**
## **Expenditure**
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT expenditure which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs. Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
Other expenditure These are support costs not allocated to a particular activity.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Tangible fixed assets and depreciation**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Equipment 15% Straight line
## **Trade and other debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
## **Trade and other creditors**
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Page 9
**Braintree Youth Project Charity Notes to the Accounts**
## **Leased assets**
Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.
Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
## **Pension costs**
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
## **Receipt of donated goods, facilities and services**
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
## 2 **Company status**
The company is a private company limited by guarantee and consequently does not have share capital.
Page 10
**Braintree Youth Project Charity Notes to the Accounts**
## 3 **Statement of Financial Activities - prior year**
|**Income and endowments from:**
Donations and legacies
Charitable activities
Investments
Other
**Total**
**Expenditure on:**
Charitable activities
Other
**Total**
**Net income**
Transfers between funds
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
4
**Income from donations and legacies**
Grants received
Donations
5
**Income from charitable activities**
Youth courses and projects|**Unrestricted**
**£**
1,367
10,628
11,995|**Unrestricted**
**funds**
**2023**
**£**
14,002
-
123
400
14,525
339
17,250
17,589
(3,064)
(5,383)
(8,447)
(8,447)
21,730
13,283
**Restricted**
**£**
56,445
-
56,445
**Restricted**
**£**
141
141|**Restricted**
**funds**
**2023**
**£**
48,958
490
-
-
49,448
9,857
44,684
54,541
(5,093)
5,383
290
290
46,026
46,316
**Total**
**2024**
**£**
57,812
10,628
68,440
**Total**
**2024**
**£**
141
141|**Total funds**
**2023**
**£**
62,960
490
123
400|
|---|---|---|---|---|
|||||63,973
10,196
61,934|
|||||72,130|
|||||(8,157)
-|
|||||(8,157)|
|||||(8,157)
67,756|
|||||59,599|
|||||**Total**
**2023**
**£**
53,099
9,861|
|||||62,960|
|||||**Total**
**2023**
**£**
490|
|||||490|
Page 11
**Braintree Youth Project Charity Notes to the Accounts**
## 6 **Income from investments**
|Bank interest received
7
**Other income**
Rental income
8
**Expenditure on charitable activities**
_Expenditure on charitable_
_activities_
Youth courses and projects
Youth sports equipment
_Governance costs_
Independent examiners fee
9
**Other expenditure**
Refund of grant
Marketing costs
Employee costs
Premises costs
Amortisation, depreciation,
impairment, profit/loss on
disposal of fixed assets
General administrative costs
Legal and professional costs
10 **Net expenditure before transfers**
This is stated after charging:
Depreciation of owned fixed assets|**Unrestricted**
**£**
-
-
355
355
**Unrestricted**
**£**
-
245
1,028
12,868
2,934
4,888
317
22,280|**Unrestricted**
**£**
63
63
**Unrestricted**
**£**
1,480
1,480|**Total**
**2024**
**£**
63
63
**Total**
**2024**
**£**
1,480
1,480|**Total**
**2023**
**£**
123|
|---|---|---|---|---|
|||||123|
|||||**Total**
**2023**
**£**
400|
|||||400|
||||||
|||**Restricted**
**£**
2,973
230
-
3,203
**Restricted**
**£**
1,750
-
41,251
2,950
534
-
-
46,485
**2024**
**£**
3,468|**Total**
**2024**
**£**
2,973
230
355
3,558
**Total**
**2024**
**£**
1,750
245
42,279
15,818
3,468
4,888
317
68,765|**Total**
**2023**
**£**
9,501
356
339|
|||||10,196|
|||||**Total**
**2023**
**£**
-
744
44,576
12,158
1,408
2,790
258|
|||||61,934|
|||||**2023**
**£**
1,408|
Page 12
**Braintree Youth Project Charity Notes to the Accounts**
|11|**Staff costs**|||
|---|---|---|---|
|||**2024**|**2023**|
||Salaries and wages|40,238|42,799|
||Pension costs|938|1,315|
|||41,176|44,114|
||No employee received emoluments in excess of £60,000.|||
||The average monthly number of full time equivalent employees|during the year was as follows:||
|||**2024**|**2023**|
|||**Number**|**Number**|
||Youth worker|3|2|
||Administration|1|1|
|||4|3|
|12|**Tangible fixed assets**|||
|||**Equipment**|**Total**|
|||**£**|**£**|
||**Cost or revaluation**|||
||At 1 November 2023|16,479|16,479|
||Additions|14,126|14,126|
||At 31 October 2024|30,605|30,605|
||**Depreciation and**|||
||**impairment**|||
||At 1 November 2023|12,133|12,133|
||Depreciation charge for the|3,468|3,468|
||year|||
||At 31 October 2024|15,601|15,601|
||**Net book values**|||
||At 31 October 2024|15,004|15,004|
||At 31 October 2023|4,346|4,346|
|13|**Debtors**|||
|||**2024**|**2023**|
|||**£**|**£**|
||Trade debtors|1,970|603|
||Other debtors|2,000|2,000|
||Prepayments and accrued income|1,656|948|
|||5,626|3,551|
|14|**Creditors:**|||
||amounts falling due within one year|||
|||**2024**|**2023**|
|||**£**|**£**|
||Other taxes and social security|227|14|
||Accruals|352|1,144|
|||579|1,158|
Page 13
**Braintree Youth Project Charity Notes to the Accounts**
## 15 **Movement in funds**
|**Restricted funds:**
**Restricted income funds:**
Salaries
Premises Costs
Sports Equipment and
Sessions
Heating
Activities and Trips
Horticultural Project
Media Project
_Total_
**Unrestricted funds:**
**General funds**
**Total funds**|**At 1**
**November**
**2023**
-
5,556
4,075
-
33,194
2,050
1,441
46,316
13,283
59,599|**Incoming**
**resources**
**(including**
**other**
**gains/losses)**
**£**
54,495
300
-
-
1,791
-
-
56,586
13,538
70,124|**Resources**
**expended**
**£**
-
(41,251)
(764)
(4,700)
(2,973)
-
-
(49,688)
(22,635)
(72,323)|**At 31**
**October**
**2024**
**£**
54,495
(35,395)
3,311
(4,700)
32,012
2,050
1,441|
|---|---|---|---|---|
|||||53,214|
|||||4,186|
|||||57,400|
Purposes and restrictions in relation to the funds:
Restricted funds: Salaries Fund staff costs Premises Costs Fund cost of premises Sports Equipment and Fund cost of sports equipment and running sessions Sessions Heating Fund cost of sports equipment and running sessions Activities and Trips Fund cost of activities and trips Horticultural Project Fund cost of a horticultural project Media Project Fund cost of a media project
## 16 **Analysis of net assets between funds**
|Fixed assets
Net current assets|**Unrestricted**
**funds**
**£**
13,502
30,902
44,404|**Restricted**
**funds**
**£**
1,502
11,494
12,996|**Total**
**£**
15,004
42,396|
|---|---|---|---|
||||57,400|
Page 14
**Braintree Youth Project Charity Notes to the Accounts**
## 17 **Reconciliation of net debt**
|**Reconciliation of net debt**||||
|---|---|---|---|
|Cash and cash equivalents
Net debt|**At 1**
**November**
**2023**
**£**|**Cash flows**
**£**|**At 31**
**October**
**2024**
**£**|
||52,860|(15,511)|37,349|
||52,860
52,860|(15,511)
(15,511)|37,349|
||||37,349|
## 18 **Commitments**
## _**Operating lease commitments**_
Annual commitments under non-cancellable operating leases are as follows:
|Operating leases with expiry date:
Within one year
In the second to fifth years inclusive
**_Pension commitments_**
The pension cost charge to the company
amounted to:
**Related party disclosures**
**_Controlling party_**|**2024**
**Land and**
**buildings**
**£**
-
8,000
8,000|**2024**
**Other**
**£**
-
-
-
**2024**
**£**
938|**2023**
**Land and**
**buildings**
**£**
-
8,000
8,000|**2023**
**Other**
**£**
264
-|
|---|---|---|---|---|
|||||264|
|||||**2023**
**£**
1,315|
||||||
## 19 **Related party disclosures**
There is no controlling party.
Page 15
**Braintree Youth Project Charity Detailed Statement of Financial Activities**
## **for the year ended 31 October 2024**
|**Income and endowments from:**
Donations and legacies
Grants received
Donations
Charitable activities
Youth courses and projects
Investments
Bank interest received
Other
Rental income
**Total income and endowments**
**Expenditure on:**
Charitable activities
Youth courses and projects
Youth sports equipment
Governance costs
Independent examiners fee
**Total of expenditure on charitable**
**activities**
Other expenditure
Refund of grant
Marketing costs
Employee costs
Salaries/wages
Pension costs
Staff entertainment
Staff recruitment
Staff training
Premises costs
Rent
Rates|**Unrestricted**
**funds**
**2024**
**£**
1,367
10,628
11,995
-
-
63
63
1,480
1,480
13,538
-
-
-
355
355
355
-
245
245
-
-
468
-
560
1,028
8,000
267|**Restricted**
**funds**
**2024**
**£**
56,445
-
56,445
141
141
-
-
-
-
56,586
2,973
230
3,203
-
-
3,203
1,750
-
1,750
40,238
938
-
75
-
41,251
-
-|**Total funds**
**2024**
**£**
57,812
10,628
68,440
141
141
63
63
1,480
1,480
70,124
2,973
230
3,203
355
355
3,558
1,750
245
1,995
40,238
938
468
75
560
42,279
8,000
267|**Total funds**
**2023**
**£**
53,099
9,861|
|---|---|---|---|---|
|||||62,960|
|||||490|
|||||490|
|||||123|
|||||123|
|||||400|
|||||400|
|||||63,973
9,501
356|
|||||9,857|
|||||339|
|||||339|
|||||10,196
-
744|
|||||744|
|||||42,799
1,315
446
-
16|
|||||44,576|
|||||8,000
872|
Page 16
## **Braintree Youth Project Charity Detailed Statement of Financial Activities**
|Light, heat and power
Premises cleaning
Premises insurances
Premises repairs and
maintenance
General administrative costs,
including depreciation and
amortisation
Depreciation of Equipment
Bank charges
General insurances
Postage and couriers
Software, IT support and related
costs
Stationery and printing
Subscriptions
Telephone, fax and broadband
Legal and professional costs
Other legal and professional
costs
**Total of expenditure of other costs**
**Total expenditure**
Net gains on investments
**Net expenditure**
**Net expenditure before other**
**gains/(losses)**
Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|1,457
359
1,030
1,755
12,868
2,934
66
651
9
1,209
1,626
469
858
7,822
317
317
22,280
22,635
-
(9,097)
(9,097)
-
(9,097)
13,283
4,186|-
-
-
2,950
2,950
534
-
-
-
-
-
-
-
534
-
-
46,485
49,688
-
6,898
6,898
-
6,898
46,316
53,214|1,457
359
1,030
4,705
15,818
3,468
66
651
9
1,209
1,626
469
858
8,356
317
317
68,765
72,323
-
(2,199)
(2,199)
-
(2,199)
59,599
57,400|1,382
223
365
1,316|
|---|---|---|---|---|
|||||12,158|
|||||1,408
125
642
14
247
915
305
542|
|||||4,198|
|||||258|
|||||258|
||||||
|||||61,934|
|||||72,130
-|
|||||(8,157)|
|||||(8,157)
-|
|||||(8,157)|
|||||67,756|
|||||59,599|
Page 17