2022-09-30-accounts - Young Carers Development Trust

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Contents		Page
Report ofthe Board of	Directors/Trustees	1-6
Statement ofTrustees'	Responsibilities
Independent Examiner's	Report to the Trustees
Statement of Financial Activities
Balance Sheet		10
Notes to the Financial Statements		11-19

Charity name	Charity name	Charity name		Young Carers Development	Trust (YCDT)	Trust (YCDT)	Trust (YCDT)
Registered		charity	number	1150197
Company	number			07771110
Registered		address		The Carers Centre, Lower Bristol Road, Bath BA2 9ES
Directors	/	Trustees		Mr William Feeny (Treasurer)
				Ms Sonia Hutchison (Chair)
				Mrs Pamela lyer (Retired 17'" Nov 2021)
				Mr Sam Pearce-Kearney (Appointed			18'"Oct 2022)
				Mrs Andrea Pierce (Appointed		13'"Dec2021)
				Ms Katy Philips
				Mr Andrew Pitt
				Ms Erica Rutherford (Retired	13'" Dec 2021)
				Mr Timothy Young
Key Management			Personnel	The key management personnel		consists ofthe trustees, the
				Charity Manager Karina Eccles		and	the Service Manager
				Melanic Rees.
Independent		Examiner		Joshua Kingston BScACA
				Burton Sweet Limited
				Chartered Accountants
				The CIock Towe r
				5 Farleigh Court
				Old Weston Road
				Flax Bourton
				Bristol BS481UR
Bankers				HSBC Bank PLC
				45 Milson Street
				Bath BA1 1D
				The Charities Aid Foundation	Deposit Platform,
				Flagstone investment Management			Ltd
				26-27 Oxendon Street, London,		SW1Y4EL

			Unrestricted	Unrestricted
			General	Designated	Restricted	Total	Total
			Funds	Funds	Funds	2022	2021
		Note			6		E
Income from:							(Restated)
Donations			86,287		56,253	142,540	151,219
Investments			661			661	237
Total income			86,948		56,253	143,201	151,456
Expenditure on:
Raising funds			220			220
Charitable activities			80,963		61,153	142,116	119,808
Total expenditure			81,183		61,153	142,336	119,808
Net income/(expenditure)			5,765		(4,900)	865	31,648
Transfers between funds		13
Net movement	in funds		5,765		(4,900)	865	31,648
Total funds at	1 October	13	33,072	32,000	7,900	72,972	41,324
Total funds at	30September	13	38,837	32,000	3,000	73,837	72,972

						Unrestricted	Unrestricted
						General	Designated	Restricted	Total Funds	Total Funds
						Funds	Funds	Funds	2022	2021
					Note	F			6	f
Current Assets
Debtors						5,330			5,330	1,897
Investments							70,648		70,648	70,204
Cash at bank and			in hand			38,904	61,307	3,000	103,211	99,542
						44,234	131,955	3,000	179,189	171,643
Creditors:		Amounts		falling
due	within		one	year	12	(5,397)	(99,955)	-	(105,352)	(98,671)
Net current		assets				38,837	32,000	3,000	73,837	72,972
Net assets						38,837	32,000	3,000	73,837	72,972
Funds
Restricted	funds				13			3,000	3,000	7,900
Unrestricted		funds
Designated		funds			13		32,000		32,000	32,000
General funds					13	38,837			38,837	33,072
						38,837	32,000	3,000	73,837	72,972

			Unrestricted	Restricted	Total
			Funds	Funds	2022
					6
Donations			20,325		20,325
Grants received
4814Trust				2,000	2,000
Anne D Foundation			1,000		1,000
Awards for All			5,480	4,415	9,895
BOM IT Solutions				1,250	1,250
Carers' Trust				1,220	1,220
David Medlock Trust			10,000		10,000
Denman				1,500	1,500
Edward Gosling			10,000		10,000
Four Acres				12,000	12,000
Giicrest Trust			1,000		1,000
John James Foundation				5,286	5,286
Lark Trusts			3,500		3,500
MacRobert Trust			6,232	3,750	9,982
Quartet				2,000	2,000
Ray Harris Trust			15,000		15,000
Robert McAlpine			7,500		7,500
Sir Jules Thome CT			750	750	1,500
Sisters of Mercy			2,000		2,000
Society of Merchant	Ventu	rers		5,000	5,000
StJames Place CT				2,500	2,500
Trumark Trust				8,000	8,000
UWE				3,582	3,582
Violet Wills CT			1,500		1,500
Wakefield Trust			1,000		1,000
Woodward Trust			1,000		1,000
YAC late payment	support	grant		3,000	3,000
			86282	56 253	142 546

Donations (Continued)	Donations (Continued)	Donations (Continued)
Prior Year Comparative					Unrestricted	Restricted	Total
					Funds	Funds	2021
							f
Donations
Donations					25,328		25,328
Gifts in kind					1,100		1,100
Grants received
4814Trust					2,000		2,000
Alchemy Foundation					500		500
Awards For All					5,950	3,904	9,854
Barbara Ward Children's				Foundation	5,000		5,000
Denamn Trust						1,500	1,500
Eva Rekcitt Trust Fund					1,000		1,000
Garfield Weston	Foundation				10,000		10,000
John James Foundation						5,545	5,545
Kickstart						2,216	2,216
Leslie Smith Foundation					2,500		2,500
Masonic Charitable		Foundation				17,250	17,250
Quartet Foundation						4,626	4,626
Quilter Trust						4,800	4,800
Ray Harris Trust					7,000	3,000	10,000
Robert McAlpine					5,700	4,300	10,000
Scobell CT					2,000		2,000
Sisters of Mercy					2,000		2,000
Singer Foundation					2,000	3,750	5,760
The Fitton Trust					250		250
The Lark Trust					3,500		3,500
The Medlock Charitable				Trust	10,000		10,000
The Russell Kin	Trust				4,900	2,100	7,000
Tula Trust					1,000		1,000
UWE						3,000	3,000
Violet Wills Charitable			Trust		1,500		1,500
Walter Guiness	Trust					2,000	2,000
					93,228	57,991	151,219

Expenditure	Expenditure	Expenditure		on raising funds	on raising funds
								Unrestricted			Restricted	Total	Total
								Funds			Funds	2022	2021
								6					E
													(Restated)
Fundraising			events							220		220
									220			220
The prior year comparatives					were all represented	by unrestricted		funds.
Expenditure				on charitable	activities
								Grants			Direct costs	Support	Total
												Costs	2022
												(Note 6)
												6
Payments		made on behalf			of young carers			41,346					41,346
Events for		Young Carers									6,941		6,941
Oversight	and suppoA for young carers and Development						Mentors					93,829	93,829
								41	346		6941	93629	142116
Prior Year		Comparative						Grants			Direct costs	Support	Total
												Costs	2021
												(Note 6)
												6	E
											(Restated)		(Restated)
Payments		made on behalf			of young carers			46,204					46,204
Events for		Young Carers									1,527		1,527
Oversight	and suppoA for young carers and Development						Mentors					72,077	72,077
								46,204			1,527	72,077	119,808
Support costs												Total	Total
												2022	2021
Wages and			salaries									80,181	58,589
Governance				(see note 7)								2,751	1,994
Travel												55	10
Recruitment												337	295
Insurance												452	315
Web site and				ITcosts								3,219	3,952
Postage and				stationery								520	220
Marketing												706	1,100
Licences and				Subscriptions								854	350
Repairs and			maintenance									83	189
Training												489	2,625
Bank charges												256	164
Sundry												3,926	2,274
												93629	72,077

Governance	costs
				Unrestricted	Restricted	Total	Total
				Funds	Funds	2022	2021
				E
Meeting expenses				401		401	372
Independent	examination			1,740		1,740	1,622
Under/(Over)	Accrual of independent	examination	fee in prior	610		610
year
				2751		2 751	1,994

							Total	Total
							2022	2021
							f	E
Wages	and salaries						75,838	56,537
Social security costs							1,679
Other pension costs							2,664	2,052
							85 181	58,588
The average		number	of employees		during	the year was as follows:
							Total	Total
							2022	2021
Average	Number (headcount)			ofemployees
No employee		received	remuneration		of more than E60,000 during the year (2021:Nil)


10	Prior year fund			comparatives
					Unrestricted
					General	Designated	Restricted	Total
					Funds	Funds	Funds	2021
							6
	Income from:
	Donations				93,228		57,991	151,219
	Investments				237			237
	Total income				93,465		57,991	151,456
	Expenditure	on:
	Raising funds				1,527			1,527
	Charitable activities				66,377		51,904	118,281
	Total expenditure				67,904		51,904	119,808
	Net income/(expenditure)				25,561		6,087	31,648
	Transfers between funds				(32,000)	32,000
	Net movement			in funds	(6,439)	32,000	6,087	31,648
	Total funds at		1 October		39,511		1,813	41,324
	Total funds at		30September		33,072	32,000	7,900	72,972
11	Debtors						Total	Total
							2022	2021
							6
	Trade debtors						4,000
	Prepayments	&		accrued Income			970	1,851
	Other debtors						360	46
							5,330	1,897
12	Creditors						Total	Total
							2022	2021
							6	6
	Accruals and	deferred income					1,740	1,250
	Commitments		to young carers				99,955	94,407
	Other tax and		social security				3,175	3,014
	Other creditors						482
							105,352	98,671

Movement in funds	Movement in funds
			At				At
			1 Oct 2021	Income	Expenditure	Transfers	30Sep 2022
			E	E	E	E	E
Restricted Funds
4814Trust				2,000	(2,000)
Awards for all				4,415	(4,415)
BOM IT Solutions				1,250	(1,250)
Carers' Trust				1,220	(1,220)
Denman Trust				1,500	(1,500)
Four Acres				12,000	(12,000)
John James Foundation				5,286	(5,286)
MacRobert Trust				3,750	(3,750)
Quartet Foundation				2,000	(2,000)
Quilter Trust			4,800		(4,800)
Sir Jules Thorne CT				750	(750)
Society of Merchant		Venturers		5,000	(5,000)
StJames Place CT				2,500	(2,500)
The Russell Kin Trust			100		(100)
Trumark trust				8,000	(8,000)
UWE			3,000	3,582	(3,582)		3,000
YAC late payment	support grant			3,000	(3,000)
			7,900	56,253	~61,153		3,000
Unrestricted Funds
Designated funds
Commitments to Young Carers			32,000				32,000
General funds			33,072	86,948	(81,183)		38,837
			65,072	86,948	~81,183		70,837
Total Funds			72,972	143,261	~142,336		73,837

Movement in funds	(continued)
Prior year comparatives						At							At
						1 Oct	2020		income	Expenditure		Transfers	30Sep	2021
											E	E
Restricted Funds
Ann D Foundation Grant							1,000				(1,000)
Awards For All									3,904		(3,904)
Denman Trust									1,500		(1,500)
John James Foundation									5,545		(5,545)
Kickstart									2,216		(2,216)
Masonic Charitable	Foundation								17,250		(17,250)
Quartet Foundation									4,626		(4,626)
Quilter Trust									4,800				4,800
Ray Harris Trust									3,000		(3,000)
Robert McAlpine									4,300		(4,300)
Singer Foundation									3,750		(3,750)
The Rotary Club Nailsea & Backwell							813				(813)
The Russell Kin Trust									2,100		(2,000)			100
UWE									3,000				3,000
Walter Guineas Trust									2,000		(2,000)
							1,813		57.991	~51,904			7,900
Unrestricted Funds
Designated funds
Commitments to Young Carers												32,000	32,000
General funds						39,511			93,465		(67,904)	(32,000)	33,072
						39,511			93.465	~67,904			65,072
TotalFunds						41,324			151.456	~119.808			72,972
Restricted funds
4814Trust - Funds	received to fund tuition			and equipment			for young carers.
Anne D Foundation	-restricted	to	support	young carers.
Awards for All —young carers with			full cost	recovery		&3workshops.
BOM lT Solutions -	Funds received to support				a young carer.
Carers' Trust- Restricted grant received for YCAD						partnership		working
Denman Trust - Restricted to young carers				in	Bristol, BANES			and South Gloucestershire			area.
Four Acres - Funds	received for	a	fundraising		and	marketing		assistant.

Prior year	balance		sheet
				Unrestricted			Total Funds
				General	Designated	Restricted	2021
				Funds	Funds	Funds
Current Assets
Debtors				1,897			1,897
Investments					70,204		70,204
Cash at bank and		in	hand	35,439	56,203	7,900	99,542
				37,336	126,407	7,900	171,643
Creditors:	Amounts		falling
due within	one year			(4,264)	(94,407)	-	(98,671)
Net current	assets			33,072	32,000	7,900	72,972
Net assets				33,072	32,000	7,900	72,972
Funds
Restricted	funds					7,900	7,900
Unrestricted	funds
Designated funds					32,000		32,000
General funds				33,072			33,072
				33,072	32,000	7,900	72,972