INDEPENDENTLY EXAMINED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Charlty Number: 1151062 YOUTH LEGAL & RESOURCE CENTRE Contents Page Tru8tee8' Report Indopendgnt Examlner'8 Report Statement of Flnan¢lal Actlvltles Balance Sheet 10 Note8 11-21 youth legal & resource centre The Trustees present thelr roport and the flnanclal Statements for th• year ended 31 March 2025 Charity Information Charity Number 1151052 Registered Office 253 Huntingfield Road London, SW15 SEW Business address Devas Youth Cantre 2A Stormont Road London SW115EN Prlnclpal 8Ctiviti88 and review of activities Objects youlli legal & resource centre is a charity whose objects, as defined by the Constitution are: 1. The relief of financ18l hardship, suffering and distress by the provision of assistance Includingibut notlimlted tol Ihe provislon of legaladvice and representatlon to young persons, children ortheirfamilieswho live, study orworkwithin the London Boroughs of Wandsworth, Merton, 8ncl within such Other boroughs in the Greater London area 8S the Charity may from time to time determine who, through lack of me8n8, would otherwise be unable to obtain such advice; 2. The advancement of education of persons living, studying or working within the London Boroughs of Wandsworth, Merton 8nd within such other boroughs in the Gre8ter London area 8$ the Charity may from time to tlme determlne. 3. The promotlon of such other purposes being exclusively charitable according to the 18w of England and Wales as the Charity Commission may from time to time determine. To achieve these objectives in 202412025 in relation to those purposes for the public benefit youll? legal & resource centre has.. Provided professional legal independent advice, 8S8lSt8nce and represent8tion to people living, studying orworking in Wandsworth and Merton and other parts of London in the following areas of Law.. Housing18W Communitycare Debt and Money Advice Immigr8tion Provided a telephone advice line to members of the public and generalist advice agencies in the above areas of law and guidance and support to first tier advice workers. carrled out development ancl tr8lningwork in the above areas of Law. Sought funding foryouth centered services. Flnanclal rovlew The Charity had net incoming resources on unrestricted funds £120.780 Together with the accumulated surplus brought forward from previous years, the company now has an accumulated unrestrlctecl funds ot £36,271. All restricted funds carrieci forward were spent in the yeor. Our r•3•rv08 PO8ltlon Curr•ntY•ar 2024125 £120,780 Pr•vlou8 Year 2023124 £163,602 Increa80 1 IDecre88e) 116.3%) Unre8trlcted Funds (Re8erve8) Restricted l Designated Fund8'. - Grants Fund - others loLal Eunds[11 Ratloof Reserv08121 to Annual Operating Expendlturel31 £204,999 £116,998 75,22% £325,779 0.54 £280,060 1.296 22.43Wo 5496 As p8rt of our Fin8nc181 M8n8gement processes, the Trustee8 h8ve set 8 long-term target of working towards accumulating e reserve fund that represents at least 6 months of operating costs. The reserv8s th8t we set aside provide fin8nci8l stability and the means for the development of our princip818ctivity. We intend to maintain our re8eNes at a level which is at least equivalent to 6 months operating capit81 which within the budget period 2024125 equetes to £138,518.52. ReBerve8 We intend to use the reserves in the following manner: The option to develop new services or expand current ones in line with th8 changing needs of the community. To ensure that delays in the receipt of expected income do not interrupt services or cause serious financial difficulty for the charity. The ability to survive unexpected setbacks and problems arising from internal or external causes such as the reduction or withdrawal of funding, In the event of closure, 6 months runningcosts towind up the organisation and pay redundancies a nd leasehold liabilities, Th8Trustees regularly review the amount of reserves that are required to ensure thatthey are adequate to fulfil our continulng obligations on an annual b8SIS. The Trustees revlew the overall fln8nclai p081tion of Youth Legal ar least every 3 months and record the outcome of their review in the minutes of their meeting. Fundraising strategy youlli legal has been successful with fundraising for the various projects since it was established in March 2013. However, those grants, although very necessary for our work, do not COV8r all of our overheads. Therefore, our objective ha9 been to fundraise for larger and longer non restrlcted core grants as well as contlnuing to apply for smaller yearly grants wh8r8 th8 project is suitable for it. We h8ve been successful with some longerterm grents for our solicitors, offlce man8ger and dlrector. We will continue to make applications to various grant funders including applying for larger long-term core funding. The Centre is ¢ontlnuing its robust fundraising strategy for rsising unrestricted funds from grants, trusts, one-off donations, fundraisingevents, etc. and continues to prioritise taking on more leg81 aid funded cases. Weare seeking to diversifyour funding through 8n increased focus on individual giving and partnerships. We continue to earn income Trom our Legal Aid contr8Ct8 in housing and communlty care18W. We continue to see the effects of the ongoing Cost of Living Crisis, We have continued to receive funding to support our clients and continued to benefit from grant funding from LLSTIGLACostof Livinggrant, BBC Children in Need, Trust for London, L8ndAid and London Community Foundetion. We were able to m8int8in our cap8Clty with Renat8 Wardle as our Office Manager and M8ureen Vincent as our Housing Supervisor and Immigration Solicitor, Vaierle Cl8rk remalns In post as the Community Care supeNlsor and has been In post to provide 8 thorough handover period to our n8w Director, Hanna Dunn. We retain our Debt and Money Caseworker and have a trainee solicitor programme, Structure, Governance and Management The Charity is a Charitable Incorporated Organisation (CIO) registered as a charity on 4th March 2013 Charity number.. 1151052. The CIO w8s est8blished under a Charity Commlsslons model constltutlon wlth avoiing membership in addition tothe Trusteeswhich established th8 objects and powers of the charity. There are no fees for membership. In the event of the CIO being wound UP, the members have no li8bility to contribute to its 8ssets and no personal responsibility for settli ng its debts and liabilities, Any member can become a Trustee and will be appointed by the seNing Trustees. The members of the Board 8re elected to serve for a period of three years after which they must be re-elected at the next Annu81 General Meetlng. Atl members of the Board glve their tlme voluntarily and receive no benefits from the charity. Trusteeg Those who served during the year, exceptwhere indicated, were: Chiara Atie Patricia Baskerville Janiee Fordjour Samantha Joseph (retired} Liz K8shyap Clai re Leslie (Barker) (retired} Chloe Levassor Cecilia Potez Georgina Ukaigwe Anne Vallely Statement of the Trustee's responsibilities TheTrustees are responsible for preparingthe annual report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. The Charities Commission requires the Trustees to prepare financial statements for each financial year that give a true and fair view of the state of affairs of the company and of the surplus ordeficit of the company for that period. In preparingthose financial statements, the Trustees are required to: select suitable accounting policies and then apply them consistently; observe the methods an(J principleg in the Charity SORP; make judgments and estimates that are reasonable and prudent; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company vvill Gontinue in business. The Trustees are responsible for keeping proper accounting records that are sufficient to show and explain the charity's tr8ns8Ctions and disclose with reasonable 8ccuracy at any time the fln8ncial Posltion of the Charlty and to en8ble them to ensure that the financial statements comply with the Charitles Act 2011 and SORP IFRS102). They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. So far as each of the Trustees are aware at the time the report is approved: . there is no relevant audit informstion of which the Charity's Trustees are unaware, and the Trustees h8ve taken all steps that they ought to have taken to mak8 themselves aware of any relevant audit intormation and to establish that the auditors (if necessary) are aware of thot information. There are no uncertainties about the charity continuing as a golng concern. How our actlvlties deliver public bengfit All our charitable activities focus on the prevention of poverty through helping vulnerable you ng people and families with children t)y giving free specialist independent legal advice i n Housing i Homelessness, Community Care and Immigration with a focus on those young people with disabilities, care leavers and carers and families with children. youtli legal also provides a legal advice line so people or 8dvis8rs can get advice over the telephone on 8 range of legal issues. Additionally, yOULlff legal provides 2nd Tier advice to other local organisations on legal issues. It is accountable to the Local Community through its Trustees. which comprises representatives from local people, groups and agencies. In carrying out our activities. the Trustees have regard to the Commission's public benefit guidance by considering it when making decisions relating to the guidance. The Trustees have had no reason to depart from the guidance. Voluntaèring Contrlbutlon Our policy is underpinned by the following prineipies: Youth Legal will ensure that volunteers are properly integrated into the organisation. Youth Leg81 does not aim to introduce volunteers to replace paid Staff. Youth Leg81 expect8 that steff 8t all levels will work positivelywith volunteers. Youth Legal accepts the definition of Volunteering as given by the National Compact Code of Volunteering.. "volunteering is defined as an activity that involves spending time, unpaid, doingsomethingthat aims to benefitthe environment orindividuals or groups other than lor i n addition tol close re18tives. Our volunteers are invaluable to maintain our organisation. They assist inter alia with the administration work., answering the telephones. m8int8in the database of young people's services in the area. Youngvolunteerswill assist in implomentingour social media strategy sowe have a firsth8nd insight to what young people n8ed and want wh8n accessing information. We will have information that the volunteers help draft and design and will be made available through social media including Instagram. Facebook, Bluesky and videos for snapchat￿ ikTok and YouTube. They also help to keep out website up to date. Youngvolunteers wno are undergraduate law students will 8sslst wlth legal research for our upcoming proj8Cts and on client rel8ted matters. Risk management The Trustees have assessed the major risks to which we are exposed, in particular those related to the operations and finances of the comp8ny. Where appropriate, systems or procedures have been est8blished to mitigate the risks the charity faces. However, the Trustees are 8ware that the loss of a major funder or contract could lead to closure or a severe curtailment of our operations. To mitigate against this happening, we endeavour to provide the highest possible level of service to both our Clients and the funders and we are constantly 8eeking to generate additional income. Internal control risks are minimised by the implementatiors of a Financial Controls Policy setting out procedures for authorls8tlon of all transactions and projecls. We have a Lexcel Accreditation from the Legal Aid Agency for our client care. Further, procedures are in p18ce to ensure compliance with health and safety of st8ff, volunteers, clients and visitors to our office, In particular foLlowing the Coronavirus Pandemic. We have produced 8 risk assessment specifically for the Pandemic conditions. We started working from home mid-march 2020 and continue to work in a hybrid manner, meaning we are equipped to work trom home In emergency situations. Events durlng the year The Centre has had success in raising funds from Trusts end Gr8rits over the past year and has maintained steady income from the Legal Aid Agency contract in Housing and Community Care Law, We continue to receive fundingfrom L8ndAid to continue our funding pr8VIOUSly received trom them, which includes funding for volunteer axpenses and our advice line. We re-established a Youth Advisory Board Who Inform on ourseNice provision with the views ofyoung peopl8 to ensure we always have young people's needs 8t the forefront of our work. Ouryouth Advisory Board is led by Is8be118 M8scarenhas and theyoung people involved have been invaluable in providing feedback to our direction. We remain 8t the Devas Youth Centre although we have moved to a different Space within the building. We are hybrid working with staff coveringthe office five days 8 week. In 8ddition to working in partnership with v8rious community organisetions working with Young People, we continue to carry outtraining in Community Care, Housing and Debt and Income Maximisation for local org8nisations and young people. We have provided tr8iningto ouryouth Advisory 808rd and sought feedback on the trainingto make it more young-person friendly. Member5 of our Youth Advisory Board h8ve been involved in developing and redesigning the slides. We continue to be London Legal SupportTrust ILLST} Cantre of Excellence 8nd after auditing us we were again awarded 8 £10,000 unrestricted grant this year. Plans forthe future To continue meeting our objectives In the future we will: continue to give young people access to facilities that assist in building their confidence and givingthem the skillsto live independent, productive and happy lives. continue to develop the one-stop shop for easily available advice, information, traini ng and counselling. continue to provide advice through our Homelessness advice line. continue to give young people speci81i8t legal advice in Community Care law. continue to give specialist legal advice to young people experiencing homelessne8s having been excluded by thelr family 8s 88rly as 16, by asslstlng them all Ehe way through the homelessness process to avoid gatekeeping. develop end expand our legal aid work and strategic litigation. develop the Know Your Rights project Inciudlng debt l8W, trainlng young people and local voluntary sector, information dlstribution on various aspects of legal rights. seek to develop a publlc Legal Educaiion / Peer Training programme in legal Capability to h8lp young people recognise thei r rights and responsibilities withi n the law SO that they can identity law related problems 8s soon as possible and take effective action to avoid problem8 escalating to crisi8. We will workwith the already existing youth seNices in the area making it easy for young p80ple to access the existing s8rvices and also avoiding duplication of service8. contlnueto carry outtrainingfor iocai organlsations sotheycan recognlse When thelr clients are not accessing their leg8L rights and can help and/or refer to the appropriate service. adapt our procedures a8 Al and cyber security develops, meeting the rapidly hanging ways of working online to meet our cllents. need8 and ensure data safety throughout ourwork. en8ure young people's voice8 8re central to everything we do, drive 86rvice improvement and play an increased influence in Youth L8gal's decision-m8king. Accountants we are requlred to have audited or externally examinecj accounts as our Income was more than £25,000.00 in the ye8r. Therefore, we instructed Mel Brandy, our bookkeep¢r, to prepare our accountg and to have them externally examined by Beverley Campbell, BC Consult8ncy Services, a member ofthe A880¢i0tion of Charity Independent Ex8miners. The trustees declare that they have approved the trustees, report above. This re was approved by th8Trustees on and slgned on its behalf'by: Chairperson ## Independent Examiner’s Report to the Trustees of Youth Legal & Resource Centre Charity no: 1151052 I report to the charity trustees on my examination of the accounts of the above charity for the year ended 31[st] March 2025 set out on pages 9-21. ## **Responsibilities and basis of report** As the charity’s trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent Examiner’s Statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: - accounting records were not kept in accordance with section 130 of the Act or - the accounts do not accord with the accounting records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Independent Examiner BC Consultancy Services Dated: 30/01/2026 -8 - CHARITY COMMISSION FOR ENGLAND AND WALES Youth Legal and Resources Annual accounts for the 1151052 eriod Period start dale Pericd end date 0110412024 3110312025 Section A Statement of financial activities Restrtctod income funds Recommended categorles by activity UnrestriGted funds Endowment funds Prior year fund8 Total fund8 Incoming resources (Note 3) Income and endowments from: Donptiovs andlggaeios Chorltable ac*vlts"e$ F01 F02 F03 F04 F05 S01 73.817 45,098 73,817 250,097 153.182 126,143 S02 204,999 Othertrading activ￿9$ Investments S03 $04 1,865 1,865 735 Separats material ittm of i￿orne 0th4r S05 Total Resources expended INote 6 Expendlture on: Ral$lng funds Chèrbblo S07 120,780 204.999 325 779 280 060 S08 158,171 118,989 277,160 301,020 Sgparato matsrl81 itom D1•x￿n$8 othgr S10 $11 Total S12 158 171 118989 277,160 301,020 Net incomo1(expenditure) beforé investment gainsl(losses) S13 37,391 86.010 48,619 20,960 Net ga1￿(10S5•s) oft invtstmwts Net incomel(expendilure) Extraordinary items Transfers between funds Other recognised gainsl(losses): S14 S15 37,391 88,010 48,619 20,980 S16 S17 Gains and losses on revaluotlon ￿ fixed 85sets lor thè charty's own u50 Olher g8insllloss•sl Net movement In funds S18 S19 S20 37,391 86,010 48,619 Reconciliatlon of funds." Tot81 funds brought for¥Yard Total funds carrled forward S21 73.662 36.271 28,785 114,795 102,447 151,066 123,407 102,447 822 Section B Balance sheet Restrfcted Unrestrlcted In¢ome funds funds Endowment Totsl th1• funds year Totsl la¥t year Flxed assets Intanglble as8•t8 Tanglble assets Herltage assets Investments F01 F02 F03 F04 F05 (Not• 1S} (Note 141 (Note 16) (Note 17) Total flxed assets 1,396 1.396 358 96 1,396 358 Current assets Stock8 (Note 18) Debtors (Note 19) Investments {Nole 17.41 Cash at bank and in hand (Note 241 Total current asset8 25.000 18,829 25,000 18,829 25,000 64,020 B07 37,563 126,583 B10 49.4 114, 18 Credltors: amounts falllng due wlthln one year (Note 201 11 14,589 14.589 24,494 Net current •88ets/(Ilabllltle8) E112 114, 102 447 Total asset• 108s current118bllltle8 813 102,447 Credltors: amoun1$ lalllng due after one year (Note 201 Provlslons for Ilabilities B14 B15 Total net assets or Ilabllltles Funds of the Charlty Endowment funds (Note 271 Reslrlcted income fund5 (Note 27} Unre8trleted funds Revaluatlon reserve 36,271 114,795 151,066 102,447 817 1518 114,795 114,795 36,271 28,785 73,662 919 36,271 B2Q Total funds B21 114, 151, 102,447 Signed by on• or truste•s on b•haW of 011 Ihe trusteets Date of approval ddlmml Sign•bJre Print Name 10 Section C Note5 to the a¢counts Note 1 Ba$ls of preparatlon Thls 6ection ahould b• ¢ompl•t•dby •ll ¢h•rltl•s. 1.1 Bas1$ ol #ecounllng These acceunts hav• bogn pr•pHr¢d und¢r tha hi$torical cost ¢on￿nti•￿ ￿th rt•ms recogni66d at cost or transadi lué unless oth8TW5e st&ted in the r•l*v•nt n¢t¢l¥l to the¥¢ llccounts. The accounts have been repar￿ In accordanco wlth.. thè Statgmènt of Ro¢ommend4d Practi¢è.' Accounting and Reportlng by Charttiés prepaiing theiT ?cGount6 In accordance wilh th? Fin¥ncial Rèportin9 Standard appl¢¢ab in the UK and Ropubll¢ d Ireland IFRS 1021 i55ued on 16 July 2014 and ¥￿th. #nd wth. th¢ Financtal Reporting standard applicable in the Ufiited Kingdom and R•pUb￿l¢ of Ireland IFRS 1021 and wlh the Charities Act 2011. The chBrty constitut•s a publi¢ hnerrt èntity as defined by FRS 102.. -T¢k as atvropnaie 1.2 Golng ¢on¢em If there èr¢ m*rerlal uncertaintl•s rnlatvd t• *v•nts gr condldon8 Ih*i ¢•8t $l9n1￿C￿nI doubt the ¢hatrlty 8blllty to eontlnu• as a golng concern, ple4sg pmvlde the fDllowlng dot•ll8 or &8te -Not •ppll¢&bl¢", If •pproprf•l•.' An gxplanation as to thoso lactors Ihat $upp¢rt th¢ conclusion that the charty a golng Con￿m.. NotAppll¢ob Dis¢l¢sur• of any uncértalntlos that mak* th¢ going ￿ncern os$umption doubtful.. Not Appllc•bl• Vvhere aceounts arn Mt prep8red on g going concgTn ba$i$, ploase dis¢lose thls fa¢t teogther wrth the basis on thich the Irust¢o5 pr¢yred the accounts and tho r￿30n why the ¢harty is nol r*gard￿ as a going concorn. NotAppll¢8bl• 1.3 Change ol ac¢ountlng poll¢y The 8GGOUnts prgsent a twe and fair view and tho a¢¢ounting policies adopted are thos¢ gutlined in note { }. Yos. -Tick as appr(yiale No. 1.4 Chang•s to accountlng éstlmate$ No changes io accountlng •stlm*es hav0 oc¢urred In rèportlng perlod 13.46 FRS 102 SORPI. .n¢k as apprOpr￿ale No. 1.5 Materlal prlor year erTor$ No rnaiwlal pri4Y year error have been identfvd in thg r8POrting porlod13.47 FRS 102 SORPI. Y•s' -r1ck ¥5 3ppropnale Pl•a8• dlsolo•e.' (l) the natur• of th• prforporlod ormr," Re$tolement ol WIP for 2023Q4 (Iij ror ¢4¢h prlorp•rtod pr*s¥nied In the acGounl¥, th• •mount of the ¢orrncUon for each a￿?￿nI Iln• item •lfv¢ied,' 4nd WIP testatea as £25k (shtyvm as £61k siccHs1 DèblQi$ retste(t 8$ £64020 {iiiJ rh• amount of th• ¢orr•crfon 4t th• beglnnlng of th• •*r#lest prforperlod present•d In the •￿?￿nts. Scction C Notes lo the aGcounls Iconll Note 2 2.2 INCOME Accounllng poll¢lès rhJ"¥ st•Tr9a￿￿sI0I4e¢0untinO pJlki•s h•$ I￿•n appl￿dbY tITe ¢h•rity•xc•rtlorllw• tIGh•S'No"or Wh.. Wlw• a thftornntorad*'￿*l￿1kybas b60n •￿￿t•d Ih•n this is det•ile(l in the bgx btslow. R•¢ounldon ol ineomt Th•u •r• in¢ludod in th• Stst&m•nt ol Fin•n¢ial A¢tiVIti￿ ISOFAI wh•n'. lh¢ charity becomes enti11￿ to the re￿urces,. it 15 mre likely than not Ihpt tho tru51K3 will r•re1￿ Iho re•ourc•s, And tr* rn¢netary valu• cor bg m•asur•d wtth sufflcl•nt rollabllty. NIA Thèré has ￿tn no offs•ttlng ol a8sets And Ilibilrf•s, or and ¢xp•n¥$. unlèss r¢qulred or F4Jimthod by the FRS 102 SORP or FRS 102. Ye Nla Y•s Nl• Grant¥ and 4Jonations aio only In¢ludeEI in th¢ SOFA when Ihe ggnor41 incomq reG¢)gnitson crNorla Ji8 m•t15.10 10 5.12 FRS102 SORPI. fjr•n￿ *nd dona￿onI In tho CA*• ol p•rfoim4nG• Tglal•d grants. in¢om• must only b• r•¢ogniB•d to th• •xt•nl thot th¢ ¢hgrty h48 providod the spo¢ifi•d good8 or 60rYlc05 ab 8nbUomontt¢ th• gmnl only oc¢ur# wh•n th• p•rtoim#n¢• rolotsd Gondttlons •r• m6t15.18 FRS 102 SORP). L•qaci•s Jr• includod In SOFA when r•¢oipt 1$ pr¢bgbl•, IhBt Is, whèn there h•$ ty•oft grant 91 piob•t•, th8 •X•CUtors have •Jtsblishèd thot thor• 8r• suffl¢iént osmta in tho ostst¢ •nd any condilbns •tt•ched to th•1og•cy •fther within thè eontrol ol th• chAttty or havo m•t. No Nla L•g•cI•• Yes Nla Y•$ Qov•mm•n¢ gr4nl• Th• eh•rty h•• r•¢•lv•d w•rnm•nt In th• i•porknng p•rtod Gift Ald [￿e¢vabl¥l3 in¢lud•d In In¢om• wh•n th?r• l¥ o VAlid dqclarallvn from the donof. y Glft Ald Jrnouni M¢evéi¢d on a deniiion Is consldored W b• part of that glft 4nd13 tr•at•d •$ on 04#dltyon to the ¥am8 fund a5 Ihe Initi41 donation un1•85 tho donor or th• t•rm$ ofth• •pp••l hov• ?pgcffigd Othe￿3*. Tax rKlalm8 on donat6tsn* #nd glft• Y•$ No Nl• ès No rw Contr•¢tyal Incom• •nd This 1$ only Inclu¢Jod In th• S¢FA onc• tho ¢h¥rty h¥J prOvId￿ th• r•l•t•d 90od8 or p•rform•nc• rel#i•d ¥•Nlc•s or m•t th• p•rtorm•n¢• r•l¥t¢d ¢ondltion8, Yes No Nla Donat•d lloodl t)QMt¢d goo(Is •f• m•i8ur•d it lalr valu• (th• •mounl for whlcn th• iu•t ¢¢)uld b• hong•dl unl•ss ImpT•cUcg1 Its do ￿. The cost ol any Stock of gc¢)d$ donatsd for dlstrlbufjon to bgn•fl¢lJrle51s dwmed to bo th• falr volu¢ of Ihoy gffts kt th• tim• of th•lr rgcolpt and th•y ar• recognlsod on r•c•ipt. In ihg r#po￿￿O poriod In whlch tho ¥lo¢k¥ ar• dlstrlbuted. thoy am rKognl3•d •1 ID eKpons• at th• clrrylng amount olth• ¥tock$ it di9t1lbu￿on. Y•8 No Nl& Donaled 9ood$ lor re￿18 ore mowsured al lalr value on Iniligl ro¢¢gnltion, %thi¢h 1$ the exp¥t8d pr¢x8•d$ from s#1* le&s th• •¥pectod Costs ￿ salg, and ro¢OgnI￿￿ In'lnc¢rn• from other Iri41nq a¢tlvttl•$' wlth tt)• corr¢¥pondlng stock rKogn15ed In the balance ¥hééi. On rts sal• th• valts• of stO¢k 1$ ¢horoèd against'lncorng Irom other tr¥ding ath"vffj"•s' and th• pro¢•odi from s•10 ar• als• Te¢ogni¥ad o$'lncom• Iiom oth•rtr0tJin9 ACtiYlll?s'. Ye8 No Nla Ye¥ No GcrnO from ¢harllabl¢ a¢b'vitr'•?, ¢8 Nla Insur&nr¢ ¢14lm6 aro only in¢ludod In th• SoFAwh•n tho 9¢rwr41 Incom¢ ro¢¢knIt￿n ¢rlt¢rlo are rn•t15.10 to 5.12 FRS102 SORPI and •rè includ•d as 4n It•m oloth•r In¢orn• In th• 8oFA. No Nla S•ttlem•nt ollniur•n¢• cIAlmi InvoJtm•nt g*ln• *nd Thig Includ88 any iealisod or unrèallsod g•iN¥ or lossés on th• $81• of invaslrn•nts ¢nd aTry 98ln or1081 r•*ukn"n9 from r•v•lulng inv•thi•nls to rn•rk•t valu• It lh• •nd of th• y•¥r. Yes No Nla 2.3 EXPENDITURE AND LIABILITIES Llablllty r•co9nltlon Liabbl￿1•S 8r• r•cogTrlsod w*•ré il is mora Ilkèly than not th•1 th8ro IS 8 logal or constructive ob1igats.on etsmmlttlng the ¢h$rtty to pay out r••Ou1￿ ond th• •mount olth• ¢blig¥ts'0n can bo musur•d with fOa80nobl• c•rt4lnty. Support C¢8ts havo h•n ollocatod b•tsvtsn g￿r￿an¢0 cost$ •nd other 5UPPtrrt. Govgrn#n¢• ¢o$ts compris• Ill cojts involving public ?￿oUnt•bIlIty olthe ¢harty and its compll•n¢o Wth ragulatian and oo)d praclicg, Yes Nl8 eg Ijov•rnan￿ •nd lupport co8t• Support ¢0$15 In¢lud• c•ntr•l fundioni •nd h•v• b••n •ll¢¢•t•d to ￿tIv￿ cost¢•l•gori•i an a basis Gon51S￿rtt wlth th¢ u6¢ 01 r•sourco8, og allocatino prop•ty ¢osts by fl¢pr ar•a•, p•r ¢•plta, gtsff ¢￿ta by th8 lim• opwt and oth•r ¢0gts by th•Sr u8ag•. Nla Nla Granti wlth p•rfOrMa￿l ¢ondllon• Wh•re th• ¢hArlty giv¢$ 4 9rant with ¢ondthons for its p•ym•nt b•ing • #yclfl¢ l•vol of rvlco or output to b• provl¢•d, such gf•n¢s •r• only ro¢0gnis•d in lh• SOFA on¢9 th? r•clplonl ¢ltho giant ha> provld•d lh• 3p•¢lfi•d ••ryl¢• of ouLDut. Wh•re Ihore are no Gonéition# •ttachln9 10 th• gr•nt th•t •n•bl•s th• dan¢r chaflty r••ll$ll¢olly •vold tho Gommitrn•nt. a lia￿lIty lor tho full lunding obll9•tion mu8t b¢ r•e¢gnlsed. Ye6 Qr•nt• p•y•bl• wlthout p•rlorm•n¢• eondltion• Yes No Nla R•dund•ncy co•t Thè ch•rty mado no r•dund•ncy poyrnont8 durlng lh• r•wrting p•ri¢d. Yes No NIA D•l•rr•d Incom• Nt• mat•rlel Itom of dol•ri•d In¢om¢ ho$ b•¢n Includ￿ In tho 4c¢ounts. Nla Cr•dlbr¥ Th• eh•rity h•• ¢r•dkor6 whlch •r• m•••uf•d at #•tU•m•nt Amounts l•s$ any trad• dlseount¥ A liabllity Is m•isur•d on r•cognition al its hSilorical eost 8nd th•n sUb50qU•n￿Y m#aSktr￿ 8tth• b￿t•*11￿•1• el the Am￿¢nt r•qulr•d Its i•ttl• lh• ebllgation •t th• r•po￿n9 d¥t• The charity #c¢ounh lor b•#lc flnan¢i#l in8lyum•nts on Inttl¢l r￿Ognititrn o? p•r por•graph 11.7 FRS102 SORP. Subwu•nt m•a3ur•m•nt parngrapha 11.17 b 11.19, FRS102 SORP. No Provlil*>n• for Il•bllld•• 8••lc fin•n¢l41 Inilrum•n Y¢s No Nla 2.4 ASSETS T4nylbl• fixed a•••t• for Th910 •r• capit8li89d rftw ean b• us•d for rntye thin on• y•41. •nd ¢o$t at le#8t uie by chaflty £500 Yes Nla Th•y ai¢ valued at G05t. D•pr￿l•tOd gv•r 3 ye8r8 Stralghl lin• with a fvll years depr•¢i•tion In th• y•Jr tsf purcha¥ Thè eharity has Intsngibl• fixed assets. that 15. non.m¢n•tary 95sets that do not have physicol substsne• but are identrfi¥bl¢ and are ¢ontroll¢d by the ¢hgrity through Custody or k9al rights. Th• IM¢￿80￿0n rat•s ond rn•thods usod are dTr¥clos8d in nolo 9,5 Intanglble •i•et• No Nl8 es Thoy •r• v•lu•d at C06t. Heritage au8•ts Th• ¢hority has herilago a$6•ts, thit 18, non-monotsry 8850ts wilti historic, artI51k. 9¢ientific. tachnological. gwphysic•I or ¢nvironm¢ntsl qualiti¥$ that8Te held and maintained prln¢ipa11y for theSr tontribuknon to th￿Odge and Th• depr￿la￿on rat•s and m?th¢ds used as dls¢los*d in note 9.e.1.4. Nla Yes No Thèy ara volued at cost. Imi•itsn•nl• Fixed ass•t Investrnonts in quoted sharos. traded bonds and similar investsnents aro vJlued At initially at cost and subsequontly atlalr valu8 ltheif markot value) at the y•8r •nd. Th• yam• tr•atmgnt li •ppli•d to unllslgd inv•5tm•nts unl*s% f•ir vAlu• cannot b• rn•aBUr￿ r•li8bly in whi¢h È•4• rt is mg•4uT•d at GO¥t l•$& Imp4trm4nt. Yes Nla Inya$tments held I￿ resalo or ponding thelr Salè and ¢osh And cash oquivalents with rnoturity dato of loss than 1 ￿aT ar• treatod as curront asset inv¢¥trnents Ye¥ No Nla $￿Ck• and work in progreoi Sto¢k8 hold for 8ol• a8 Part of non-charitablo trodo are rneDsufod at thè lo￿[ or ¢oJt or Mt r••ll•&bl• val¥•. Yes Nc Nla Gty>Js or s•rvic•¥ provldèd 4$ part 01 J Ghariwbla a¢￿Vity arn m•4sur•d #l n•t r••ll￿ble v8lu• bas￿ on tho 5grvica PDtential provided by of ¥to¢k. es Nla No Nla Work in wogress 1$ valu•d 41 cost le￿ ony lor8¥eeablè lois th•t Is Ilk•ly to occur on th• ￿ntract. D•btors lin¢ludlng tr•d• d•blor¥ And lo•n• r•c•lvibl•l ir• m•8sur¢d on illltial r•Eopnltion al seni•mont om¢unt ofter any Irodv dlscounts 01 arn¢unt 4dvan¢•d by the chorfty. Sub¥oquently, thoy ar• m•asur•d at tho cosh or oth•r con?l(1gradon 0xp￿ted io b• rgc?Ived. Th• charty h•$ h*$ Inv•strn•nts whi¢h11 hold8 foi r•6al• or ￿ndinG th•lr ial• ind ¢••h •nd c•8h Yes •quival•nts wllh a m•turity d#lo l•ss than on• y•or. Thoge includ• ￿$h ¢n d•po8it Jnd ush •qulvil•nts wllh a malufity d•t• of l•$$ Ih•n ono y￿r h•ld lor ¢nvéslm•nl purpos•B r4ther Ihan to mqet ¥hvrt l•rm ¢••h c¢mmitm•nts o¥ thty lill du•. Yes Nla Dqbtors No Current ••i•i Inv•otm•nt• Nl• Th•y ar• valu•d atfalr Y•lu• •x¢•pt wh•r• Ih•y qualify UB bKl¢ finonclil Instrum•nts. Scction C Notes to the accoijnts Icontl Note 3 Analy$i$ of Income Restrlcted Incom¢ fund8 Enilowment fund# fund8 Total lunds Pflw ￿ar Anal sl$ Donats'ons and ifts Gift AILI aci•s General grants providgd by govémmtsntlother haribes Membership subscrtption6 and sponsorship6 which are in substance donotion$ Donatlon$ and legacles: 1,385 204 999 277 431 151 362 Donated Other ood$, facilities and $8rvices Total 73,817 204,999 278,876 153,182 Charltable actlvltle¥: 126 143 45 098 other Total 45,098 Ot￿r tradlng a¢llvltles'. Other ToLIl InGom• from Investmonts: Interest incom& Dividend income Rental and leasin Other 735 income Total 1,865 735 S•parat• materlal Item of Income.. Total othor: ConveNon ol endowmenl funds Into Income Gain on dispo881 of a tangible fixed a68et held for char s own use Gain on disposal of a programme relaled investment Royaltie8 from tho oxplortation of inl¢ll•¢tual ro ht5 Other Total TOTAL INCOME 120 780 204 999 325,779 280 080 15 Seclion C Notes to the accoLJnts Note 10 Dotslls of cèrtaln Itèms of •xpendlturo 10.1 Fees for •xamlnatlon of the accounts Thls year Last year Ind¢pendent ¢xamlner'$ fees Assurance $ervlc¢s other than audlt or Independent examlnatlon Tax advlsory f•09 Other fees (for example., flnan¢lal adv1￿. consultancy. acGountan¢y servlcesl pald to the Indopendont oxamlner 650 250 Note 11 Pald employees 11.1 Stsff Costs Thls year Last year Salarles and wages Soclal securlty co$t$ Penslon costs Ideflned contrlbutlon Khemel Othèr •mploy•e l)en¢flts 181,412 10,683 8,510 182,914 19,116 9,916 Total staff Costs 200,605 211,94e No employees rè¢elv¢d •mployee beneflts 11.2 Averag¢ h•ad count In the year The parl• of th• Gharlty In whl¢h the employees work Thlj year Numhr Last year Numbor Fundra151n Cttarltable AGtlvltl?s Governance other Totsl Note 12 Deflned contrlbutlon penslon Schemè oi deflned beneflt 12.1 Th1$ ear Lasi year Amount of contrlbutlons Tecognlsed In the SOFA as 8,510 9,916 17 Section C Notes to tlie .Iccour*ts Icontl Note 14 Tanglble flxed assets Plew• ¢ompl•t• fhl• not• ttth• chartty h•J any t•nqlbl• ffx•d au•t• 14,1 Cost Of valuatlon Fr••hold l*nd & bylWing8 Qth•r l•nd & bulldlng• Pl*nt, m•¢hln¢ry &nd motor vehlcles FIxwre•, Ill￿n9• and •quipment Total At the beginnlng of th& y¢ar Additions Revaluations 4,172 4,172 Di8po8al$ Tr•nsler¥' At end of the year 4.172 4,172 14.2 D•pr•elatlon and Impalrm•nts -Basli SL or RB (Straighl 'ne or ReduGing Balance) SL¢rRB SLorR8 SL SLorRB R*t• 33.30% At *lnnlng ol the y¢•r 2,776 2,776 Depreclallon lrnpalrment Tr4nslers" At end of the year 2.776 14.3 Net book v•lu• N•t bwk value 81 Winning of the year Net l)ook valu• al the ¢nd of the year 1,396 18 Soction C Notes to the ar.coiints Icont) Note 18 Stocks Pl￿49 complete th18 note ff the charlty hold8 any stock l¢em8 18.1 Please state the Carrying amount of stock and work In progress analysed between actlvitles, stock Donated goods Work In progres$ For dl•trlbutlon For resale For dlstrlbutlon For re>ale Charltable actlvltl•s: Opénlnq Add•d In p•rlod Exp•nsed lft pèrt¢)d Impalrnd 25,000 CIo8lnq 25,000 Other tradlng activlties: Openlng Add•d In p•rlod EXP￿￿*￿ lft p•rlod Imp•lr•d Clojlng Other., Openlng Add•d In porlod Exp4n$•d In p•rlod Imwlr•d Closlng Total thls y￿r 25,000 Toral pr•vlous y￿r 25,00 19 spr.tion C Nolp.s to thg arcniJnt% Icontl Nole 19 Debtors and prepayments Plea8e complete thls note If th• charlty has any debtor4 or propaymonts. 19.1 Analy81• of d¢btor8 Th1• year Last year Trade debtor8 84 Prepayments and accrued Income Other debtor8 18,829 18,829 e3,936 64,020 Total Note 20 Credltors and accruals Plegse complete thls not4 if the charlty ha8 any crndltors or accrual•. 20.1 Analy•ls of credltor• Amounts falllng due Th18 year Last year Amounts fallln Th18 year due aftèr LaBt year Ac¢ruals for grant$ payable Bank loans and ov•rdraftJ Trade credltors Payment• recolvod on account for ¢ontract• or performance-related grant8 AccruAI8 and deferred Income Tax*tlon and soGlal securlty Other ¢redltor8 5,665 500 11,926 12,068 8,923 Total Noto 24 Cash at bank and Sn hand Th18 year Last year Short t•rm cash Inv••tmentJ (les8 than 3 month• maturlty datel Short term depoilts C4•h at bank ond on hand Olher Total 120,430 37,565 1111111111111111111 1111111111111111111