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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|
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|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||
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||||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|
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|||||||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|
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||||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|
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|2|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|
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|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|
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|7|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|
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||||||||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)||||
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||||||||||
|---|---|---|---|---|---|---|---|---|
|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|
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|13|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|
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|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.|||||||
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|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|
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