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|Annual Trustees'
Report (incorporating|Annual Trustees'
Report (incorporating|the Directors' Report)|3-16|
|---|---|---|---|
|Independent
Auditor's|Report||17-20|
|Statement of Financial|Activities||21|
|Balance Sheet|||22|
|Cash Flow Statement|||23|
|Notes forming
part of|the Financial Statements||24-31|
##
|Introduction.|Introduction.|Introduction.|||||
|---|---|---|---|---|---|---|
|From the Chief Executive Officer.|||||||
|Administrative
Details.|||||||
|Reference Information.|||||||
|Governing
Document|||||||
|Recruitment
and Appointment||ofTrustees|||||
|Trustee Induction.|||||||
|Constitution
and Organisation||Structure.|||||
|Principal activities and|objectives||||||
|Public benefit.|||||||
|Achievements
and Performance|||||||
|Summary.|||||||
|Numerical
Summary.|||||||
|Covid-19 Response (January to||March 2021).|||||
|Universal
Programme||||||.12|
|Pathway
Programme.||||||12|
|Holiday Activity &Food Programme||||||12|
|Direct Engagement
Programme.||||||.12|
|Impact Monitoring||||||.12|
|Financial Report||||||13|
|Summary.|||||||
|Reserves Policy||||||14|
|Fundraising
.||||||.14|
|Review of Risks||||||14|
|Plans for Future Periods.|||~ ~ ~|~|o|15|
|Growth &Development||||||15|
|Business Objectives.||||||15|
|Trustees Responsibility|Statement|||||16|
##
##
|Reference|Information|Information|Information||||
|---|---|---|---|---|---|---|
|Registered|Charity|Name:||The Boathouse Youth|||
|Registered|Charity|Number:||1149320|||
|Registered|Company||Number:|08164995|||
|Registered|Office:|||The Boathouse Youth|||
|||||170Horsebridge
Road|||
|||||BLACKPOOL|||
|||||FY3 7EA|||
|The Trustees||||David Brennand|||
|||||Paul Dillon|||
|||||Tracy Harrison|||
|||||David Maude (appointed|21 August 2021)||
|||||Philip Owen|||
|||||Victoria Thompson
(appointed||27 August 2021)|
|Key Management||Personnel||Laurance
Hancock, Chief Executive Officer
Sarah Lindsay,
Head ofCYP Services|||
|||||Benjamin Wilson, Head of Operations|||
|||||Mark Oliver, Head of Finance|||
|Registered|Auditors|||John Potter 8 Harrison|||
|||||Chartered
Accountants|||
|||||and Statutory
Auditors|||
|||||112/114Whitegate
Drive|||
|||||BLACKPOOL|||
|||||FY3 9XH|||
|Bankers||||CAF Bank Limited|||
|||||25 Kings
Hill Avenue|||
|||||West Mailing|||
|||||KENT|||
|||||ME194JQ|||
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|||||||||Year|Period|
|---|---|---|---|---|---|---|---|---|---|
|||||||||Ended|Ended|
|||||||||31.12.21|31.12.20|
|||||||Unrestricted|Restricted|Total|Total|
|||||||Fund|Fund|Fund|Fund|
||||||Notes|||||
|Income:||||||||||
|Major Donors (Patrons)||||||495,103||495,103|109,575|
|Grants|||||4a|55,000|202,139|257,139|211,451|
|Local Authority|||||4a||108,916|108,916|10,971|
|Fundraising|Events||||4b||||14,116|
|Other income and donations|||||4c|212,448||212,448|159,507|
|Investment|income —bank interest||||4d|20||20|53|
|Total Incoming Resources||||||762,571|311,055|1,073,626|505,673|
|Expenditure:||||||||||
|Core Costs|||||5a|177,091|64,055|241,146|175,215|
|Delivery of|Charitable||Activities||5b|215,757|232,216|447,973|287,950|
|Cost of Fund Raising|||||5c|34,112||34,112|6,236|
|Depreciation|||||5d|4,883|5,652|10,535|6,948|
|Total Expenditure||||||431,843|301,923|733,766|476,349|
|Net incoming/(outgoing)|||resources|||330,728|9,132|339,860|29,324|
|Fund balance|brought|forward||at 1 February|2021|108,261|11,770|120,031|90,707|
|Fund balance
2021|carried forward|||at 31 December||438,989|20,902|459,891|120,031|
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||||||Year|Period|
|---|---|---|---|---|---|---|
||||||Ended|Ended|
||||||31.12.21|31.12.20|
||||Unrestricted|Restricted|Total|Total|
||||Fund|Fund|Fund|Fund|
|||Notes|||||
|Fixed assets|||||||
|Tangible assets||10|9,590|20,902|30,492|21,346|
|Current assets|||||||
|Debtors|||8,842||8,842|17,977|
|Cash at bank and|in hand||441,153|37,272|478,425|92,216|
||||449,995|37,272|487,267|110,193|
|Creditors: amounts|falling due|12|(20,596)|(37,272)|(57,868)|(11,508)|
|within one year|||||||
|Net assets|||429,399||429,399|98,685|
|Total assets less current liabilities|||438,989|20,902|459,891|120,031|
|being net assets|||||||
|Funds|||||||
|Unrestricted
funds||13|438,989||438,989|108,261|
|Restricted income|funds|14||20,902|20,902|11,770|
||||438,989|20,902|459,891|120,031|
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||||||Year|Period|
|---|---|---|---|---|---|---|
||||||Ended|Ended|
||||||31.12.21|31.12.20|
|Cash flows from operating|||activities||339,860|29,324|
|Net|||||||
|Adjustment|for||||||
|Depreciation
oftangible assets|||||10,535|6,948|
|Changes|in:||||||
|Other debtors|||||9,135|(4,854)|
|Other creditors|||||46,360|(38,271)|
|Net cash|used in operating||activities||405,890|(6,853)|
|Cash flows from investing|||activities||||
|Purchase|oftangible assets||||(19,681)|(10,440)|
|Proceeds|ofsale from tangible assets|||||7,300|
|Net cash|used in investing||activities||(19,681)|(3,140)|
|Net increase/decrease
in cash and cash||||equivalent|386,209|(9,993)|
|Cash and|cash equivalent|at beginning||ofyear|92,216|102,209|
|Cash and|cash equivalent||at end ofyear||478,425|92,216|
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|ateme|nt offinancial activities||||
|---|---|---|---|---|
||||Year|Period|
||||Ended|Ended|
||||31.12.21|31.12.20|
|a)|Income from Grants||||
||Restricted||||
||Community
Lottery||49,633|49,250|
||Payback Time Trust||15,000|1,000|
||Shephard
Street Trust|||4,500|
||Henry Smith||50,000|30,000|
||Blackpool Council||108,916|10,971|
||Groundworks
Tesco|||1,000|
||Blackpool Coastal Housing||9,386||
||Vera Wolstencroft||51,500||
||Eric Wright Foundation||20,000||
||Tudor Trust||2,000||
||Peter Barcock||15,000||
||Halsall
Foundation||15,000||
||UK Youth||2,000||
||Blackpool Clinical Commission||3,000||
||Blackpool FC Community|Trust|4,796||
||Deferred income brought|forward|2,096|40,797|
||Deferred income carried|forward|(37,272)|(2,096)|
||||311,055|135,422|
||Unrestricted||||
||Payback Time Trust|||25,000|
||Community
Foundation|||5,000|
||Community
Lottery|||8,000|
||Centre for Social Justice||30,000||
||Halsall
Foundation||25,000|25,000|
||BIDCA|||4,000|
||Tudor Trust|||10,000|
||Blackpool Coastal Housing|||10,000|
||||55,000|87,000|
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||b)|Income from|Fundraising|Fundraising|Fundraising|Fundraising|Activities|||
|---|---|---|---|---|---|---|---|---|---|
|||Fundraising|||||||14,116|
||||||||||14,116|
||c)|Other Income|and Donations|||||||
|||Gifts in kind||||||90,827|90,853|
|||Tuck shop||||||||
|||Other donations||||||93,221|49,273|
|||Payroll
giving||||||27,214||
|||Other income||||||182|5,954|
|||Insurance
claim||||||1,004|8,000|
|||HMRC furlou|h|rant|||||5427|
|||||||||212,448|159,507|
||d)|Investment
Income||||||||
|||Deposit Account||Interest||||20|53|
|||||||||20|53|
|5.|Analysis|ofexpenditure||||||||
||a)|Core Costs||||||||
|||Wages||||||163,189|123,577|
|||Premises||||||36,409|30,417|
|||Communications,||IT|8 Administration|||34,522|20,087|
|||Le al &Accountanc||||||7,026|1,134|
|||||||||241,146|175,215|
||b)|Delivery ofCharitable||||Activities Cost||||
|||Wages||||||192,696|89,952|
|||Staff Training,|Uniforms|||8|Sustenance|21,153|4,371|
|||Activities,
Equipment|||8 Travel|||143,297|102,774|
|||Gifts in Kind||||||90,827|90853|
|||||||||447,973|287,950|
##
||Competitive|Solutions|Ltd|32,918|4,440|
|---|---|---|---|---|---|
||Fundraisin|ex enses||1,194|1,796|
|||||34,112|6,236|
|d)|Depreciation|||||
||Depreciation|||10,535|6,488|
||Loss on sale|ofTransit|||460|
|||||10,535|6,948|
##
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|||||Year|Period|
|---|---|---|---|---|---|
|||||Ended|Ended|
|||||31.12.21|31.12.20|
|Audit fee||||3,600||
|Independent|examiner's|fee for reporting|on accounts||240|
|Other fees:|accountancy|services|||240|
|||||3,600|480|
##
|nalysis of|staff co|sts and remuneration
of Key|Management
Personnel||
|---|---|---|---|---|
||||Year|Period|
||||Ended|Ended|
||||31.12.21|31.12.20|
||||f.||
|Salaries and wages|||325,874|200,201|
|Employer's|national|insurance|21,939|8,324|
|Employer's|pension||8,072|5,004|
||||355,885|213,529|
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|Tangible fixed assets||||
|---|---|---|---|
||Fixtures|Plant||
||and|and||
||fittings|machinery|Total|
||f.|||
|Cost||||
|At 1 January 2021|45,759|25,522|71,281|
|Additions|17,961|1,720|19,681|
|Disposals||||
|At 31 December 2021|63,720|27,242|90,962|
|Depreciation||||
|At 1 January 2021|31,469|18,466|49,935|
|Charge for the year|9,543|992|10,535|
|Disposals||||
|At 31 December 2021|41,012|19,458|60,470|
|Net book value||||
|At 31 December 2021|22,708|7,784|30,492|
|At 31 December 2020|14,290|7,056|21,346|
##
||Year|Period|
|---|---|---|
||Ended|Ended|
||31.12.21|31.12.20|
|Debtors||14,529|
|Other debtors||38|
|P repayments|8,842|3,410|
||8,842|17,977|
##
|ditors and accruals|||
|---|---|---|
||Year Ended|Period|
|||Ended|
||31.12.21|31.12.20|
|Creditors|9,065|1,456|
|Audit/accountancy|3,600|480|
|PAYE/NIC|7,931|5,007|
|Pension contributions||2,469|
|Deferred income|37,272|2,096|
||57,868|11,508|
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|charity had the following
future
minimum
commitments
es:|under non-cancellable|operating|
|---|---|---|
||Year|Period|
||Ended|Ended|
||31.12.21|31.12.20|
|Not later than one year|24,404|4,668|
|Later than one year and not later than five years|31,484|6,611|
||55,888|11,279|
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