REGISTERED COMPANY NUMBER: 06692406 (England and Wales) REGISTERED CHARITY NUMBER: 1139889
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
FOR
AMBLE YOUTH PROJECT LIMITED
Greaves Grindle Chartered Accountants Victoria House Bondgate Within Alnwick Northumberland NE66 1TA
AMBLE YOUTH PROJECT LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 5 |
| Independent Examiner's Report | 6 | ||
| Statement of Financial Activities | 7 | ||
| Balance Sheet | 8 | to | 9 |
| Notes to the Financial Statements | 10 | to | 16 |
AMBLE YOUTH PROJECT LIMITED (REGISTERED NUMBER: 06692406)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
Purpose and aims
Amble Youth Project works predominantly in Amble but also provides additional support to nearby villages and communities. It delivers a wide range of services and youth provision for young people aged 8 years to 18 years. It delivers a varied programme of weekly activities as well, as targeted programmes over school holiday periods. It engages with young people in the community through joint work with other agencies and detached youth work provision.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The charity's objects are:-
-
To provide a safe supportive environment where young people have access to advice, information, guidance as well as a wide range of constructive activities.
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To enhance young people's self-development and offer appropriate support during their transition from adolescence into adulthood.
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To assist young people to find training, educational and employment opportunities.
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To provide a wide range of health initiatives to young people and the general community.
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To provide for the needs of people on low incomes and/or poor health by offering advice, information and support, and thus improving the life conditions for the most vulnerable and needy people living in the town of Amble and surrounding areas.
Governance and ensuring the work delivers our aims
Day to day oversight of the programmes is undertaken by the senior manager. Regular supervision of with the senior manager is undertaken by a designated trustee. The charity trustees meet on a frequent basis to review recent activity and steer the project in the intermediate future. Reviews of delivered programmes take place and the trustees have oversight of events at each meeting. A review of annual activities and how these have met the objectives of the charity is undertaken at the annual general meeting.
How activities deliver public benefit
Like many similar services over the past 12 months the project has been limited by the restriction of the COVID-19 pandemic. However, staff have continued to engage with young people though targeted activity packs delivered remotely. They have also continued direct engagement in the local community and provided activities in a COVID safe environment. The activities have benefited the physical and mental wellbeing of young people and their families during the difficult period.
The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's objectives and aims and in planning future activities.
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AMBLE YOUTH PROJECT LIMITED (REGISTERED NUMBER: 06692406)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021
ACHIEVEMENT AND PERFORMANCE
Direct activity and engagement
March.
National lockdown commenced March 23rd 2020 and all delivery staff were furloughed under the government scheme. The senior manager and fundraiser agreed funding available for the Friday Night Alive activity should be used to fund activity packs for young people isolating at home.
Various policies around engaging young people online were produced to reflect the changing situation. It became clear quite quickly that young people were not readily accessing online support and an alternative would need to be considered.
The project worked on numerous funding applications and was successful with a range including; CAF fund, VRU fund and The Ballinger and Sir James Knott Trust.
The project was approached by Sunderland University to consider if support to a student placement over the winter period was feasible.
During lockdown staff took time to undertake training including; C-card, PR and marketing, risk assessment in the 'new normal', business development and detached youth work.
July.
During this month the idea of developing a COVID safe outdoor space, where young people could once again be supported directly, began to coalesce. The NYA announced specific guidance on providing youth work, and face to face work became legally deliverable. The service planned for an August event involving substantial negotiation with local agencies. By the end of July, the project had a secure plan in place for an event in August, and a follow up event for families previously engaged in the Friday Night Alive activity.
Unfortunately, at this time our long-time fundraiser decided to leave the project to pursue career development opportunities elsewhere.
August.
A range of events occurred, including the finalisation of negotiations with Northumberland County Council regarding support staff for detached work, and the conclusion of a plan for a COVID safe outdoor delivery space. An event on August 11th 2020 in Amble town centre was a considerable success with families and young people, and included a number of local businesses supporting activities.
Local organisations attended our town centre presentation, and it was pleasing to see so many people come together, celebrating the accomplishments of our young people and demonstrating community support. Later in the month we delivered a second event at a local beach area.
Towards the end of August CAN announced their intention to commence using the project's main office base as a contact point. This required a review and assessment of the building, and practical hands-on work to prepare the centre, and ensure it was COVID safe. A number of trustees assisted with these practicalities.
At the end of August an agreement had been reached with Cheviot Homes that has led to their very generous support of the project over the next decade. This substantial investment from the company will make a significant difference to the charity and ultimately the lives of the young people of Amble.
September.
The month saw an attempt at engaging with young people through detached work. This had some early success, with a significant number of young people engaged. The partnership with NCC grew, and support from the local authority has been an excellent help with this project.
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AMBLE YOUTH PROJECT LIMITED (REGISTERED NUMBER: 06692406)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021
Deliveries of activity packs were reduced to bi-weekly as restrictions initially eased. Discussions took place regarding the future of the Friday Night Alive sessions and how they should be developed or replaced.
Negotiations with Northumberland Theatre Company began, with an agreement being drawn up for the use of their outdoor space and toilets. This allowed the service to fully establish its 'outdoors/ indoors' COVID safe 'tented' area to support face to face delivery.
Fundraising this month saw bids submitted to the High Sheriff and the Willan Trust.
October.
Late in October brought successful funding for the 'tent' to cover our COVID safe space. We further looked to secure additional resources for heating and flooring. Considerable effort was expended in developing and eventually securing the facility.
During the second national lockdown, with excellent guidance from the NYA, many of the planned activities were able to continue, with the addition of some practical operational amendments.
November.
Detached work continued to be offered, although some sessions were cancelled due to the need for staff to isolate after contracting COVID-19.
Activity packages continued to be sent every 2 weeks to young people who had previously attended Friday Night Alive sessions.
Insurance was put in place for the use of the tented area and outdoor secure storage arranged. Heaters were secured, along with a non-slip flooring, ahead of the final piece of the jigsaw, the delivery of the star tent. Admission to the nearby Dovecote Centre gave the service access to facilities during sessions.
Winter 2020/2021.
In January 2021 we opened our COVID safe outdoor space at the rear of the Dovecote Centre. This involved erecting a 6m tall and 14m wide tent, to provide an 'outdoor/ undercover' area. With support from Amble Town Council, local councillors and the Dovecote Centre we were able to heat and light the venue, which was invaluable in the middle of winter. This allowed the project to deliver face to face activities with vulnerable young people on a more regular basis. Activities included; sports, creative events, group activities and the provision of food and snacks.
Detached youth work continued to be trialled in an effort to engage with young people who were gathering around areas of the town.
In February, a half term holiday programme was provided, particularly for vulnerable young people. The service tried to engage with young people living with a neurodiversity and those dealing with anxiety following the isolation of national lockdowns.
Spring 2021.
In March the service launched an event called 'A year of lockdown', at the Amble Welfare. This event was reasonably well attended and had over 80 stories from local people describing how they had coped over the previous year.
On 31st March 2021 the service reopened up to all young people, thanks to the work of the National Youth Agency and their communication with central government.
FINANCIAL REVIEW
The charity had total incoming resources for the year of £91,844 (2020: £69,735) and a surplus for the year of £38,293 (2020: £24,691). Total costs for the year were £53,551 (2020: £45,044). Total reserves at 31 March 2021 were £79,600 (2020: £41,307).
Reserves Policy
At 31 March 2021, the charity had unrestricted net current assets of £26,652 (2020: £19,349) which amounted to approximately eight months running costs. The executive committee plans to maintain this contingency reserve at levels which give the charity a sufficient financial buffer against any unforeseen expenditure or reduction in income.
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AMBLE YOUTH PROJECT LIMITED (REGISTERED NUMBER: 06692406)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The organisation is a charitable company limited by guarantee, incorporated on 9 September 2008 and registered as a charity on 18 January 2011. It is administered and managed in accordance with its constitution (adopted 18th January 2011) by the members of the executive committee.
Recruitment and appointment of directors and trustees
The directors of the company are also charity trustees for the purposes of charity law and under the company's Articles are known as trustees. Trustees are elected to serve as officers of the charity/company at the Annual General Meeting. Officers are elected annually but individuals may be re-elected on a continuous basis.
All trustees give their time voluntarily and received no benefits from the charity. Any expenses reclaimed from the charity are set out in the accounts.
The trustees bring to the charity a range of background, experience and skill. The charity looks to recruit new trustees who have a particular background or skill that would enhance the running of the charity or to fill a particular need where this is lost due to trustee retirement.
Trustee induction and training
Most trustees are already familiar with the practical work of the charity having been involved in the organisation for a number of years and being part of the local community and other community organisations. New trustees are invited and encouraged to attend trustees' meetings to familiarize themselves with the aim of the charity, along with speaking with current trustees and staff at the organisation.
Risk management
Where appropriate, systems or procedures have been established to mitigate the risks the charity faces.
Organisational structure
Trustees of the charity meet at least every 6 weeks throughout the year and are responsible for the strategic direction and policy of the charity. At present there are eight members from a variety of professional backgrounds relevant to the work of the charity.
Day to day responsibility for the provision of the services rests with the senior manager. Employed by the trustees to provide robust management and oversight of the service. The senior manager has access to trustees for advice, guidance and support.
The Senior Manager has responsibility for the day-to-day operational management of the service, individual supervision of the staff team and also ensuring that the team continues to develop their skills and working practices in line with good practice.
Related parties
In so far as it is complimentary to the charity's objects, the charity is guided by both local and national policy.
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AMBLE YOUTH PROJECT LIMITED (REGISTERED NUMBER: 06692406)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021
REFERENCE AND ADMINISTRATIVE DETAILS
Charity Commission Number: 1139889 Company Registration Number: 06692406 (England and Wales) (Private company limited by guarantee without share capital)
Registered Address:
Drop-In Centre Dilston Terrace, Amble, Morpeth, Northumberland, NE65 0DT
Management Committee
Chair: Vacant Vice Chair: Ian Williams (Acting Chair) Trustees: Kate Morrison. Eddie Critchlow. John McDermott Alan Jones. Tracey Hinton. Ian Parks Jeff Watson (Resigned June 2021)
Company Secretary:
Mr. Eddie Critchlow.
Senior Manager: Mr. Matthew Mahoney.
Staffing compliment:
Gary Morrison - Co-ordinator Lisa Douglas Joanna Howden Amy Dryden Susannah Morris - University placement student
Independent Examiner:
Greaves Grindle, Chartered Accountants, Victoria House, Alnwick, NE66 1TA
Bankers
Unity Trust Bank plc
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 28 March 2022 and signed on its behalf by:
I Williams - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF AMBLE YOUTH PROJECT LIMITED
Independent examiner's report to the trustees of Amble Youth Project Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2021.
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 accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company 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 accounts 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 confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts 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 accounts to be reached.
Jane Harvey F.C.A. Greaves Grindle Chartered Accountants Victoria House Bondgate Within Alnwick Northumberland NE66 1TA
28 March 2022
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AMBLE YOUTH PROJECT LIMITED
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies | 20,402 | 62,092 | 82,494 | 49,935 | |
| Charitable activities | |||||
| Operation and development of the charity | 8,918 | - | 8,918 | 14,655 | |
| Other trading activities | 2 | 426 | - | 426 | 5,114 |
| Investment income | 3 | 6 | - | 6 | 31 |
| Total | 29,752 | 62,092 | 91,844 | 69,735 | |
| EXPENDITURE ON | |||||
| Raising funds | 13,433 | 1,593 | 15,026 | 13,587 | |
| Charitable activities | |||||
| Operation and development of the charity | 8,208 | 30,317 | 38,525 | 31,457 | |
| Total | 21,641 | 31,910 | 53,551 | 45,044 | |
| NET INCOME | 8,111 | 30,182 | 38,293 | 24,691 | |
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | 19,649 | 21,658 | 41,307 | 16,616 | |
| TOTAL FUNDS CARRIED FORWARD | 27,760 | 51,840 | 79,600 | 41,307 |
The notes form part of these financial statements
Page 7
AMBLE YOUTH PROJECT LIMITED (REGISTERED NUMBER: 06692406)
BALANCE SHEET 31 MARCH 2021
| Unrestricted Restricted fund funds Notes £ £ FIXED ASSETS Tangible assets 8 1,108 8,241 CURRENT ASSETS Debtors 9 - 5,000 Cash at bank and in hand 31,042 39,448 31,042 44,448 CREDITORS Amounts falling due within one year 10 (4,390) (849) NET CURRENT ASSETS 26,652 43,599 TOTAL ASSETS LESS CURRENT LIABILITIES 27,760 51,840 NET ASSETS 27,760 51,840 FUNDS 11 Unrestricted funds Restricted funds TOTAL FUNDS |
2021 Total funds £ 9,349 5,000 70,490 75,490 (5,239) 70,251 79,600 79,600 27,760 51,840 79,600 |
2020 Total funds £ 1,877 10,374 31,178 41,552 (2,122) 39,430 41,307 41,307 19,649 21,658 41,307 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
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AMBLE YOUTH PROJECT LIMITED (REGISTERED NUMBER: 06692406)
BALANCE SHEET - continued 31 MARCH 2021
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 28 March 2022 and were signed on its behalf by:
I Williams - Trustee
The notes form part of these financial statements
Page 9
AMBLE YOUTH PROJECT LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment and fixtures - 20% on cost Website - 50% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Basic financial instruments
The charity accounts for basic financial instruments on initial recognition as per paragraph 11.7 Charities SORP (FRS 102). Subsequent measurement is as per paragraphs 11.17 to 11.19, Charities SORP (FRS 102).
Debtors
Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.
continued...
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AMBLE YOUTH PROJECT LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
1. ACCOUNTING POLICIES - continued
Creditors
The charity has creditors which are measured at settlement amounts less any trade discount.
2. OTHER TRADING ACTIVITIES
| OTHER TRADING ACTIVITIES | ||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| Fundraising events | - | 4,748 |
| Social lotteries | 426 | 366 |
| 426 | 5,114 | |
| INVESTMENT INCOME | ||
| 2021 | 2020 | |
| £ | £ | |
| Bank interest receivable | 6 | 31 |
3. INVESTMENT INCOME
4.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| Depreciation - owned assets | 1,941 | 468 |
| Examiner's fees | 2,160 | 1,620 |
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020.
continued...
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AMBLE YOUTH PROJECT LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
6. STAFF COSTS
The average number of employees during the year was 5 (2020: 4).
No employees received emoluments in excess of £60,000.
The remuneration of senior management in the year amounted to £20,234.
7.
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted fund funds £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 14,826 35,109 Charitable activities Operation and development of the charity 14,655 - Other trading activities 5,114 - Investment income 31 - Total 34,626 35,109 EXPENDITURE ON Raising funds 13,587 - Charitable activities Operation and development of the charity 9,510 21,947 Total 23,097 21,947 NET INCOME 11,529 13,162 RECONCILIATION OF FUNDS Total funds brought forward 8,120 8,496 TOTAL FUNDS CARRIED FORWARD 19,649 21,658 |
Total funds £ 49,935 14,655 5,114 31 |
|---|---|
| 69,735 13,587 31,457 |
|
| 45,044 | |
| 24,691 16,616 |
|
| 41,307 |
continued...
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AMBLE YOUTH PROJECT LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
8. TANGIBLE FIXED ASSETS
9.
| Office equipment Plant and and machinery fixtures Website £ £ £ COST At 1 April 2020 - 10,172 1,113 Additions 6,371 3,042 - At 31 March 2021 6,371 13,214 1,113 DEPRECIATION At 1 April 2020 - 8,295 1,113 Charge for year 956 985 - At 31 March 2021 956 9,280 1,113 NET BOOK VALUE At 31 March 2021 5,415 3,934 - At 31 March 2020 - 1,877 - DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 £ Trade debtors - Grants receivable 5,000 Prepayments - 5,000 |
Totals £ 11,285 9,413 |
|---|---|
| 20,698 | |
| 9,408 1,941 |
|
| 11,349 | |
| 9,349 | |
| 1,877 | |
| 2020 £ 221 10,000 153 |
|
| 10,374 |
continued...
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AMBLE YOUTH PROJECT LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|
| Trade creditors Social security and other taxes Accrued expenses |
2021 £ 3,225 338 1,676 5,239 |
2020 £ 219 33 1,870 |
| 2,122 |
11. MOVEMENT IN FUNDS
| MOVEMENT IN FUNDS | |||
|---|---|---|---|
| Net | |||
| movement | At | ||
| At 1.4.20 | in funds | 31.3.21 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 19,649 | 8,111 | 27,760 |
| Restricted funds | |||
| Restricted fund | 21,658 | 30,182 | 51,840 |
| TOTAL FUNDS | 41,307 | 38,293 | 79,600 |
| Net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 29,752 | (21,641) | 8,111 |
| Restricted funds | |||
| Restricted fund | 62,092 | (31,910) | 30,182 |
| TOTAL FUNDS | 91,844 | (53,551) | 38,293 |
continued...
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AMBLE YOUTH PROJECT LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
11. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.4.19 | in funds | 31.3.20 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 8,120 | 11,529 | 19,649 |
| Restricted funds | |||
| Restricted fund | 8,496 | 13,162 | 21,658 |
| TOTAL FUNDS | 16,616 | 24,691 | 41,307 |
| Comparative net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 34,626 | (23,097) | 11,529 |
| Restricted funds | |||
| Restricted fund | 35,109 | (21,947) | 13,162 |
| TOTAL FUNDS | 69,735 | (45,044) | 24,691 |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.4.19 | in funds | 31.3.21 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 8,120 | 19,640 | 27,760 |
| Restricted funds | |||
| Restricted fund | 8,496 | 43,344 | 51,840 |
| TOTAL FUNDS | 16,616 | 62,984 | 79,600 |
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continued...
AMBLE YOUTH PROJECT LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
11. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 64,378 | (44,738) | 19,640 |
| Restricted funds | |||
| Restricted fund | 97,201 | (53,857) | 43,344 |
| TOTAL FUNDS | 161,579 | (98,595) | 62,984 |
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2021.
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