REGISfttRED cFtRy NUMBEIL. 1152321 RT STE EM RC 20 AR FI CRT Limited Flat 24 Wellin8tonia Cowt Laine Close Brigbton East Su55ex BNI 6TD
TARNER CONTENTS OF THE F]NAF4CIAL STATEhIENrs FOR THE YEAR ENDED 31 MARCH 21124 Report of the Thistee5 I to 6 Independent Eiamlner's Report St4tement of Flnan¢lg1 Aelfvli¢s Balance She¢t 1¥40ts$ to the Flnnclal Sta¢emeDts 10 to 17
REPORT OF THE TRUSfEES FOR THE YEAR ENDED 31 MARCH 2024 The trustees present their rert with the financial statements of the tsity for the year ended 31 March 2024. The trustees have adopied the provisions of Accounting and RqX)rtI by (J)aritie8: Statement of Recommended Practice applicabl¢ to charilies preparmg 1r accounts in acwrdance with the Finandal Rep>rtiog Standard applicable in the UK and Republic of ]reland (FRS 102} (cffectiye l Janu8ry 2019). Pa8e I
T ARNER REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 MARCH21124 OBJECTIVES AIYD ACTivfTIES Objectives and aims Tarner is a sn)a]] rleighbourhood charity that delivers &iceS and activitias as well as suppJrL to disadvantaged families, children and young wple (CYP), predoMllltty living withtt) the TarneT area of Brirt0n and lltra1 Brigbton. The Tarner distrirt in BrigbtoD IS cthnplex and rntiple dewivalion need& whilst being at the heart of the seemingly aftluenl city. For the last 28 years Tarner has offered a safc space of friendship4 Imaginatio learning and fl - the things Childho should be and maoy are denied The charity delivers 3 clearty defmcd projects: Children, Youth & CornMlty and works to illtegrat¢ activittes services across these lo pmvide services to 4-25-year-oldg and the wider coMmlty. The cbariry aims to looal comin]]nity through providing servic¢s that advance education, off¢r advic¢, sigDPOStin& guidallce and supy)rt with #onomic pressures. TCP offers facilities for re¢re&tion and leisure time for CYP age 4-25, for 51 weeks of the year. This is for th¢ benefit of CYP jiving ID Brighton and Hov¢, Mryth the objective of developing tbeir physical and meotal Caplti so that they may grow to full matiwity as individuals and members of soGI¢ty. AhhougK th¢ k¢y objective of tbe project is to SUPPOrt individuals living in the Tarner district of Brigbton, since 2020, th¢ cbarity bas been ww*ing in parnership with ¢itywide youth servi¢¢s, and now 8Jso deliver in the central Brigbion are& Educati infonning and suptth around mentsl aDd pbysical knth and well-being, are prinw themes uDdeTPiDning all Tarner delivers. Additionalty, economi¢ hardship. safety, conUnIty coheslon, youth. voi¢e and participatio acce&8 to citywide Op)rtuniti4 are aLso au key priorilies. Chlldr•n•$ Projeet Led by a qualified. ¢xperi¢Dced Children's Manager a team of skilled playworknts deliver all au-year-round weekty offer for childreD ag¢d &1 l at Tarner Base and ID Tarner ParK wbich includ¢s: - After school and boliday play s¢hemes club5 for childrea a8ed 4-11- 2 Course hot meal provided at every Session - FREE alld subsidised- cbildcare sessions - Weekly food baDk - Food parcels or families in crisis . Christlltds food & persona] care boxes . Finallcial assistancc for parentcaTer8 experiencing economic hardship - sigupoJting and referrd]s. Youth Project The experienced Youth Managtr leads a dedi¢at¢d t¢om of youth workers and volunteers to deliver an all-yeqr-Tound w¢ekly offer for young pcople a8c 11-25 at Tarner and throughout the streets arouDd the Tarner nei 8hbourbood and central BTightrn. For young people, all scrvices tre FREE and hot meals arc offtrod at every session. Delivery includes- - Weekly open access building-b&qed youth clubs - Coached sports sessions - Creative and recreational ad-hoc activities as requpstul - Detachcd street youth work acro the city . School holiday programme of aclivitics - On¢-to-olle support - Employment and training guidance and opportunities . W¢ll.bein81 5elf-rarty [01] wellbeing Jlld 8&fvty 8Dd sexual bealth at ev¢ry s¢ss10 Communily CYP led ronjmunity cobesioD evetn to show¢ase the talents and skills of CYP and build loMI neiworks to build and support a strong. united l(Kal ¢ommunity. In partnership with other Citywide servirxs, TCP offers the community: . - Two a[Ual ¢omnJunity cob¢sioD ¢Ve1 - Tarnerfegt & Glowfest - Shared C0MUnity kit¢hen gard¢n . Maintellance and upkeep of Tarn¢r pa aDd rnanaging anttwsocial and cnminal behaviour, to keep the park sAfe and cessible for the whole community - Youth activitie4 sigDposiiD& advic¢ and y4)uth voi - Support for families in D¢ed - Coordination with Ial priw hOOts with tsilored plans for children deertd at risk or on sUpporvp1t¢ttfi0n plans - Support social workers with tailored plaD5 for youllg people and at multi-ageD¢y me¢tiDgs - Early int¢rventioti and diversion work with young people to rauce youth crime and exploitation. Page 2
TARIYER REPORT OF THE TRUSfEES FOR THE YEAR EF4DED 31 MARCH 2024 OBJECTIVES AND AcrivrriES Significant activilie* Since April 21r21 provision of a]1 services znd activitses stabilised" ats the Covid panknic the nunther of service users has been * full capacity. Children's Project Onco again far mor¢ pare¢8[c[S have requested after-school and holiday play scheme places and the project is opuating at full capacity and wdl be adding an additional session at Carlton School to llt dentsnd and reduce th¢ waiting list. There remains approximat¢ty 25/. SEN child1 attending and stsff continue to und¢rtth 5pe¢ialist training to support thildren with medical and physical needs induding diab& The number of service Use T¢1ving fre¢ discoumed rate places are approxinthty 15- /0 of bell¢fi¢i&ries. It is anticipated this trend will remain at this level. The project deliver5 51 we¢ks Df tbe yur, only closing for one we¢k at Cthistmas. Youth Project SeTvlce user numb¢ry increased dramati¢ally this year with a new fLxu5 Oll supplg year 6 Children transitloning to Secondary school. In the last 12 months the youth prOJt has worked wlth 7) 8 individual yowig people with 4500 contacts ov¢r 3 we¢kly sessions for 51 weeks of the year iLUding. - 3 x op¢ll access youth clubs - 2 x football ¢oached sessioDS - 2 x 2 hour detached street sessions locally and in centt71 Brighton - One to OfLe work witb especially vulnerable YP - scbool holiday prograInn)es. On average we deliv¢r se&8ioos for approximately 80-IIJO YOW peopJ¢ every week and numberg are 8tlll growing. W¢ have had as Many as 72 young people attend I s¢ssion. Hot me8]s are pn)vided at every se&8ion and ovcr Rryllter we provided a meal for 4 f(Mxl bags for all young people attendin8 BeSSlOllS to take dlscrelely. Tarner once again received a local authority household support grant over the winter, 80 we could target espwially financially vulnLYable young people and offer fllwicial assistance. food and ess¢llti item Tarner gTe An partnership with Hangleton and Knoll project and Trust for Developing Communide8 to deliver the BrightOTL Strects dctacbed street programrne which takes TCP youth delivery acm&s the whole city. This p&rther5hip also again delivered YA full day of youth welfare at Brighton Pride, to supp)rt young Ople througbout the d&y with refreshm¢nt8, signposting and emerguKy adviceJsupporL This ye¥r Tarner have been able to provide a fiLII holiday programrne of activities for youn8 pPIC all at no c05t for all the school holiday& Thc off¢r was w¢ll attended and feedback a8ain very posirive. Coached sports sessions for over 16 years have alwayt been attended by approximately 20-30 young ptople at every 8¢S510lli whatever the weather. Wher¢ value is added is after each skx)n3 sessioDS young p¢opl¢ come Sndoor5 for a hot meal and to socialise and tbis is when many disclosures and safeguardiDg matters ari8e and ooe to (¢ and siwosting work Can b¢ undertakets. Th¢se sessions bave rernained as thee so value Due to ,th¢ location of Tarner, a vast majffity of the cohort are from the surrouDding area whi¢b has bisb levels of deprivatiOD. MaDy are DOD-D¢uro typical young people, ranging from mlnor to more severe wbom are all able to attending attd participate in all of our open a85$ y(Mth sessions. Publle efit The trustees confTh tbat they have ttf¢rd EO the guidance Contain iD the Charity Commission's general guidance on publAc benefit when reviewing th¢ Cbarity's aims and objectives and in the planning of fithwe a¢tivltieS. The trustees believe that th¢ paragrapbs oll Achievements and Perf0rn18n¢e and also the parawpb detailiDg the charity'j Objectives and Activities above, r¢lat¢ in detsil the 0¢ that the organisatson provides to th¢ public. Page 3
TARNER REPORT OF THE TREs FOR THE Y.EAR ENDED 31 MARCH 2024 FINANCIAL REVIEW Financial position and rerveS policy Tbe CIO incurred a deficit of £49.095 on uorestricted activities 2nd this has been deducted from the reserves brougbt forward to leave £37232 to be catried fonvar The level of jrservcs ifregthtyrnonitored by the Trustees and is ¢llentlY considercdto be ffasonabie given the nature and scale of the Cl(Ys activitie& Securing this year has ken extremety chajlenging as reported nationally in the sector. This h&q meant the charity I$ not been able to incw reserves this financial year. Moreover, the focus h&8 been to capitalise on other income generation and reducing exExDditille y)ssthle. Building nintenanCe and improvements bavc been higber this y¢ar du¢ to the age of the building and th¢ necd for additioJJal spac¢ with a growing staff team. The Trustees would consider a level of Unrestricted reserves 4wvalent to 6 mDDths expenditiW¢ to be 8ppropriats to be held at any one time and this is th¢ al for the orgvnis8ti0n. The Truslees CODsider that th¢ assets of the CIO are sufficient to meet its obligations on a fimd by fimd basi8. Tnvestmellt polky and obje¢tlves The Charity may inv¢st monies not requird for the said objects in any bank a¢count owated by tbe Thtee3 in th¢ name of the £harity. FUTURE PLANS Due to dellthlld for all servl¢es we are additional w¢ekty 8e59ion for w) 10 22 cbildren a day to meet the need9 of worklng parellt$. Th18 will be slowly implemented from September 2024 and it is anticipated will take 6-12 months to reach fidl capacity. We are still exploritig and consulting with stakeholdern, ways to a¢commoda¢e more b¢nefJ¢iarl¢g and addiLional services that wou]d be of value. Findings from our strdtegic review in 2022 remaiti the direction for our 3-year strat¢sic Pl4 wbich the charity is alled with. The Tarner Base is still being reviewed as it is in disrepair and discussions att uDd¢Thvay with BHCC regarding an essential new buildin& Thi8 Muld doubl¢ our capacity for front line deliv¢ry eDable Dew services and offer and excellenl re50urc¢ for the whole ¢oDm)unity. This upgraded building would offer a dedicated second floor for the youth provision enablin8 daytime aDd targeted workspaces, office and meeting spaces atld improved and addition children's servicey. It 15 hoped a café and toilet could 90 be provided a8 requeyted by th¢ comn]unity for many years. The CEO is still wo]n8 with BHCC to develop thcge plaThs and rai esseDtlal funds, Dev¢loping community ¢Dga8emeDt and youth Voice remai a key priiwity. Transltion h&8 emerged as very Imports 8CT05S the whole proj children cntering schooL then Dwving to secondary school, then into fw1ber education aniyor training aThd then into employinenl leaving hom¢. movlng to Iiew are&8 et¢. There is considerable support needed with personal trensitions through childh(xJd and into adulthood Mryth a focus on significant 'firsts" while CODnecting to Sonal groThth aDd refleclion. Tarner is developing sp¢cialism in this area and being recognised for this invaJu3ble wo. Emerging thcrn&s are.. lone travel. relalionsbips 8nd friendship groups. self-organisation atHI Motivatio navigating new environ and social dynamic4 ffftancial maAgement, safety and awareDess of kx)tential dgngers. STRUCTi7RE, GOVERNANCE AND MANAGEMENr Governlng documtnt Tarn¢r is a charitable Incorporated Orwin goverlled by its con5tiWlion 6 June 2013. Tarner (CIO 1152321) was established on 6 Jll 20I3 as a r¢suJt of re501utlons passed to transfer the a$sets I liabilities and activities of Tarn¢rlaDd Cbildren and Young Peoples Project (Tegistered charity 1093896). Tarnerland Children and Youllg Peoples Project w95 estsblished in November 1996. OD the 22 January 2024 the charity ¢hanged its name to TarneT. Recrultment and appiintmeDt of new ¢rugtees The fir* Truste¢s are those li4ed in its constifjjrion dated 6 june 2013. There must be at least thrne Trnstees and the muitnum sball be Dine. At every annual 8eneral me&ing of the members of tbe CIO, all trustees * down and are reappo.inted and are offered the opp)rtlll)ity to remain or leave the knard. Tntstees may at any time decid¢ to appoint 8 new Tru$te¢s, whether in place of a Tn has retff or Ixen remov or as an additional Thte¢. Page 4
REPORT OF THK TREs FOR THE YEAR EIYDED 31 MARCH 2(124 STRUCTURL GOVERNANCE AIYD MANAGEM Risk management The trustees have a duty to identify and review the risk to lch the charity is ex and to ensure appropriate controls aTe in p]ace to provide re&sonable assurdnce against fraud and ern)r Registered Charity numlKr 115232J Prin¢lpAI address 6 Tilbury Plac¢ Brighton East Sussex BN2 OGY Trustses A Rusbridge R Lunlley (Deputy Chair) C Sharp (resigned I1.6.24) W Puddicombe (Cbar) T Goulden J Harrison ' Indepelldent Examlner Cbrlstoph¢r Robert Tyler FCA DChA FCIE FI CRT Limited Flat 24 Wellingtonia Court L4ine Close Brighton East Suss¢x BNI 6TD Pag¢ 5
TARNER REPORT OF THE TRusfEES FOR THE YEAR EI4DED 31 MARCH 21124 REFERENCE AIID ADMINISTIVE DET AILS Registered 6 Tilbury Place Brighton BN2 OGY Principal Address Tan)er Payk Sussex Street Brighton BN2 9QN Banker8 The Co.OpeTative Bank PO Box 250 Delf Hous¢ Southway Skelfftersdale (..,J WN8 6WT Chief Executfve Offite Ms Emma Jacquest Email 1nfo@tarner.ollk Web<e www.tarner.or&uk STATEMENT OF TRusfEES' RESPONSIBILITIES The trust¢es #Te responsible for prqwing the Report of thc aDd thc financial statetnenls in accordance With appllcable ]aw and United Kkngdom Accounting Standards (United Kingdom Generally Accq)ted Accounting Pr8ctice). Thc law applicable to charities in En8land and Wale5, the Ch8ritios Act 2011. Charity (Accounts and Report8) Regulations 2(X)8 aDd the provisions of the tn dEe4 rcquyrcs the trusteeg to prepare financial stalements for each financial yeaT wbich gtve a true 8nd fair view of the stat¢ of affairs of the cbarity and of the incoming resources and 8ppli¢&tion of resources. including the income and expendittwe, of the charity for that p¢riod. In preparins thosp financial statements, the tntstces arc required to 8elert 3Uitable a¢wuntin8 policies Bnd then appty them LX)llSiSt¢ntly. observe the methods and principl in the Charity SORP. make judgements and estimates that are reasonable and prudent, prepare th¢ fwthn¢ial ststemeots on the goin8 concern basis unless it 18 Ippropriate to presume that ¢hgrity will contillU¢ ID busiDess. The trustees are respoosible for keeping proper aoulln8 r¢Mrds wbich dis¢lose with reasonable aCCurY at any tlme th¢ financial posltion of the ¢b]ry alld to enable tbem to ensure that the fmancial stsiemen¢s comply with the Charltles Act 201 l the Cbarity (Accounts aod Reports) Re8ul8tiOllS 2008 and the provisions of tb¢ trSt deed. They 8re also responsible for safeguardiDg the assets of the charity and hence for reasonable sPS for the prevention and detectlon of fraud and other irregularities. 1..4....-..0.1..-..ZQL. and Approv¢d by order of the board of trues on... signed on its belf by. Page 6
INDEPEfADENT EXAMtNER'S REPORT TO THE TRUSTEES OF TARNER Independent examine$ report lo the trustees of T#rner I report to the charity trustees on my cxamin8tion of the aollts of Tarner (th¢ Trn8t) for Ihe ycar ended 31 March 2024. Responsibilities and bgsis of T¢rt As the Chlty trnstees of the Tn yoo are respOl1)le for the prepw*ion of the accoutts in accordallce with the requirements of the Charities Act 2011 ( ACV). I report in r¢spect ofmy exarni of the Tr[eS accounts carried Dtht under Section 145 of the Act and in cattying out tny examination I have followfyl all applicabk Diredions given by th¢ Chlty Commission vnder S¢¢tion 145(5)(b) of tbe Acl. Independent ¢X4mkn¢r'$ statement Since your charity's gross in¢ome exceeded £250,000 your exarni must be a m¢mber of a list¢d body. I can confinn that I am qualified to ertake the ¢xaminatson becaus¢ l am a men)b¢r of th¢ Insti of Chartered Accountants in Bngland and Wale4 wbich is on¢ of the listed bodies. I bave ¢omplet¢d my ¢xamiDation. l that llo Materi matteTS have come to my attention in ¢¢tion with the exarnination 8iViDg me ¢ause to b¢lieve that in w material rw: atCOUDtin8 records w¢r¢ not kept in respect of the Tnt a5 re4wirgJ by Section 130 of th¢ Ac¢ or the accounts do not x¢ord with those record9. or th¢ accounts do not comply with the applicable requirements Concerni the forni and ¢ontent of accounts set out in the Charities (Accounts and Reports) Regulations 2W8 other than any requirement tbat the a¢¢ounts give a true and fair view which 1$ Doi a matter considered as of an iDdependent examination. I have no concerns and have come across no other matters in connection with the exnIatiOn to wbich attentlon should be drawjj in this report in order to etjable a proper widerstanding of tbe accounts to be reach ChTiStopher Robert Tyler FCA IknA FCIE FI CRT Lin)ited Flat 24 Wellingtonia Court Laine Close Brigbton East Sussex BNI 6TD Page 7
TARNER STATEMENT OF FINANCIAL ACTivrrIES FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Total fimds Notrs Donations and legaci¢s 139,179 139.179 125,613 Charitable aclivilies Educational 44,674 44,674 62,838 Other trading a¢tivities Tnvestrllent iDCOm¢ 161,191 161,191 129,464 82 TotAI 300.370 44,674 345,044 317,997 EXPENDITURE ON Raising funds 9.395 9,395 Charltable Aetivltl Educational Support costs 335,427 4,643 46,856 382,283 4,643 355,154 3,858 Total 349,465 46,856 396,321 359,012 NET INCOMEI(EXPENDrruRE) (49,095) (2,182) (51,277) (41,015) RECONCTLIATION OF FUNDS Total fijnds brou8bt forward 86,327 2,182 88.509 129,524 TOTAL FUNDS CARRIED FORWARD 37232 37232 88,509 The notes fonn part of these fllwi¢iaJ siat¢meiits Page 8
TARNER BALANCE SHEET 31 MARCH 2024 2024 2023 Total funds Notes FIXED ASSE]3 Tangible assels 13 3.734 2,645 CURRENK A&SEJE Debtors Cash atbank 14 2,045 81,802 2.045 81,802 550 135,586 83.847 83,847 136,136 CREDITORS Amounts £ling due within one year 15 (50,349) (50J49) (50,272) NET CURRENT ASSETS 33,498 33,498 85,864 TOTAL ASSETS LESS CURRENT LL4BILrriES 37232 37232 88,509 NET ASSETS 37232 37232 88,509 FUNDS Ullrestricted futtds Restrioted funds 16 37232 86,327 2,182 TOTAL FUNDS 37.232 88,509 The fmaDciaA 5tatetneDts were appToved by the Bo4rd of Twstees and authorised for isyue on ..4.•.'kA...... and were signed on its behalf by: combe- Trustee Page 9
TARNER NOTES TO THE FINANCL4L STATEMENTS FOR TIIE YEAR ENDED 31 MARCH 2024 ACCOUNTING POIJaES Basis of prepwing the fllmneial statements The financial Statem of the charitsble company, which is a pub]ic benefft entity Utthr FRS102, have been prepared in acCoan¢e with the clritieS SORP (FRS102) 'AccouDting and Reporting by Cbarities.. Statement of Recommended Practice applicable to charities prepaTihg Iheir accounts with the Flnancial Rq)orting Standard applicable in the UK and Iiyblic of Ireland (FRS102) (effective l Jamw 2015)., Financial Reporting Stxndard FRS102 Tr Financial Rqx)rting Stth applicable in the UK and Republic of Ireland, and the Companles Act 2006. The financial staternents bave been prepfftl uJ)d¢rth¢ his¢ori¢al cost ¢onvcntion. Tarw ComDwnity Proje¢r meets th¢ d¢finition of a publiG benefit eDtity FRS 102. Assets and liabiliti¢$ are iDitsalty recognised at historic c(& or transa value lIes$ other4Yisp stad in the relevant a¢¢ounting poli nots(s). The accounts are prepared in Sterli wtsich 15 the fillrnal CUkT¢n¢y of the clwity. Monew aojounts in these financia] 8tstemeDts aTe rOwd to the nearest £. The trUse&dIrtors ¢QDsider that thern are no material uncertaintie5 about the ¢ompanYs abilty to ¢ontinu¢ ll8 a going concern. Income All income is re¢ognised in the Slatement of Financial Aclivities ollL* the charity enliil¢nJt to the fund5, It Is probable that the income will be received and the amount can be measured reliably. pendlture Liabilities ar¢ re¢ognised as expenditure L8 Soon as is a legal or cons1Ve obligation conunitting the Charity to that expcoditiwe, it is probable that a trdll5fer of economic befits will be requird iti settlement and the amount of the obligation can be measurnj reliabty. Expenditse is accounted for on ao ac¢rua15 basis and bas be¢n classified under headings that aggregate all cost r¢ted the category. Where Costs cannot be diT¢CtIy attributed to particular headings they have been allLKat¢d to aclivitles OD a b&sis wnsistent with the uso of resources. Tanglble fixed a&qets Depreciation is provided on 1 tangli yle fixed assets at calculatrd to write off the ry)sÉ of each asset, lesy estimated residual value using the following rate5 . Computer Equipment- over 3 years straight line. Fixtures & Fittings- over 4 ycats straigtlt line. Taiation The charity is exmpt from tax on its Charitable activitie& Fund aCCOUDllng TJur¢stric¢¢d funds can be uged in accordanrx with th¢ clwitsbk objfAtiv¢s the dis¢retion of the . trustee$. Restricted funds can onty be used for particular restricted pthy)ses within the objKts of the cbarity. Restri¢tions 8ris¢ wh¢n sP]ried by the doDor or when fuDds are raised for particular restric purposes. Furtber explaDatlon of ihe Dature aDd pw of each fimd is included in the notes to the finan¢lal statements, Page 10 continued...
NOTES TO THE FINANaAL STATEMENTh . CDntinued FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Donations 3348 135.831 78 125,535 139.179 125,613 Grants receive4 jhded in the above, are as follows., 2024 2023 Albion Lif¢ Alpkit Found10 ArDold Clark Brighton and Hove City CouDciI BHCC Brigbton Youth Colle¢tive Brighton Youth Centre Chalk Cliff Trust Charles Hayward Foundation Clarion House Ernest Kleinwort Charitable Th( Fonthill Garfield WestoD FouDdation The Homity Trust National Youth Agency The Souter TNst South E&8t Dance Sport EDgland Sussex CommuDity Foundation Sussex Community Foundation and Brighton and Hove City 50.50 Sussex Police and Crime Commi&8ioner The Trust for Dev¢lopin8 Comtnunities Waitrose 499 l99 1,000 11,971 26,000 .137 3,QOO 30,714 29,J0 4,167 5,250 6,736 4,000 1,500 3D,000 3,314 1.500 Is,000 loo 4292 6,218 soo 7,917 8.275 1,250 13,950 800 10.667 20,810 200 135.831 125,535 OThER TRADING ACTIWTIES 2024 2023 127,885 1,579 trees Other inm¢ 155.485 5,706 l29,464 Page 11 contitiued...
NOTES TO THE FJNAPICIAL sfAT&MENTS . ¢ontittued FOR THE YEAR ENDED 31 MARCH 2024 INVESTME]YT INCOME 2024 2023 82 JNCOME FROM CHARITABLE ACllVIT 2024 2023 Activity Educatiollal fjrants 44.674 62,838 Grants received, in¢l1¢a in lbe above. ar¢ as follows: 2023 Global Make Some Noise Hyde Housing Julia Rausing Youth Endowrneni Fund 27,SDO 30,326 4,612 400 44,674 44.674 62.838 The following aftts bav¢ been deferr&l to 2024125: 2024 2023 Ernest Kleinwort Su5s¢x Cotnmunity Foundati GarfLeld Weston Foundation Chalk Cliff TnLSt Sport EnglaDd Fonthijl Charles Hayward Foundation Sussex Police and Critne Commissioner Waitr08e Hyde HousiDg BHCC 6,627 7.115 1.250 J5,000 833 4292 1,500 5,250 3,750 200 13.674 16,950 6,166 RAISING FUNDS Ralskng doDatlons and l¢ga¢k8 2024 2023 Fundraising 9,395 Page 12 cK>ntinued...
NOTES TO THE FINANCIAL STATEMENTS. continued FOR THE YEAR ENDED 31 MARCH 2024 CHARITA AcfiviTIES COSTS Costs (see nots 8) costs (see note 9) Totals Educationa] Support costs 382283 382,283 4,643 4,643 382283 4,643 386,926 DTREcf cosT5 OF CHARITABLE ACvITIEs 2023 SalarieB Other project running costs Prknting, postsge & SQtionery Tnsuran¢es Telepbone Training Property nLqint¢Dan¢e Depreciation 280,133 67,346 2,926 1.9)1 1,327 3,325 22,555 2,770 254,837 77,353 3,37D 1,661 1,312 104 14,800 1,717 382.283 355,154 SUPPORT COSTS Governance c(ysts 4.643 Support costs Support costs. includfyl in the above, ue &8 follows: 2024 Support costs 2023 Total activlties Accounlancy, payroll and knkkeeping Independent examination 3,653 990 2,898 960 4,643 3,858 io. TRUSTEES, REMUNERATION ALYD BENEFITS There weTe no tnistee$' remuneration or other knefits for the year ended 31 Mar¢h 2024 Dor for the year ended 3 l mats 2023. Tru$lees' expenses There wer¢ no triistees, expen Faid for the year ended 3J Mar¢h 2024 nor for the year endtd 31 March 2023. Page 13 continued...
T ARNER NOTES TO THE FINANCIAL STATEMENJ TS- continued FOR THE YEAR EP4DED 31 MARCH 21ll4 ii. STAFF CO Staff costs (hwing the year were as follows . 2024 2023 Salari¢s Employeys n&tioDa] insuran Employers p¢nsioll ¢osts The aveyage number of employees, based on IUt w&s TBA (2023: 18). No employee r¢ceived emohun¢nts in excess of £60.0(K) (2023 Done). The charity consider5 its key rnana persomiel comprises the tsvstees along with th¢ cbi¢f exe¢utive officer, the youth proje¢t manag¢r and the children's PDJject n]anager. Th¢ to employee benefits, including employffj3 Dalion01 insurance and pension contribution4 of the key management pmDnel wett £116.589 (2023 £1 l5,552). COMPARATIVES FOR THE STATEThfENT OF FINANCIAL AcrtVlTIES Unrestrided fund 265,834 15,539 3.795 246,536 16,20I 3,391 12. Restricted funds Total fimds INCOME AND ENDOWMENfs FROM Donations and legacies 125,6l3 125,613 Charltsble aetlvitlej 62,838 62,838 OtbeT trading activities ]nvesÉment incomc 129,464 129,464 82 255.159 62,838 317.997 EXPENDITURE ON Charltabk actlvltl E(lucational Support costs 294.498 3.858 60.656 355.154 3,858 Total 29&350 60,656 359,012 NET iNCOME1(ExPENDuRE) (43.197) 2,182 (41,OJ5) RECoNclATION OF FUNDS Total fuDds brought fonvard 129,524 129,524 TOTAL FUNDS CARRIED FORWARD 86,327 1182 88,509 Page 14 continued...
NOTES TO THE'FINANCIAL STATEMENfs . tontinued FOR THE YEAR ENDED 31 MAIiCH 2024 13. TAIYGIBLE FIXED ASSETS Computer Total$ cosr Al l Apnl 2023 Additions 2.483 2,802 4,931 1.057 7,414 3,859 At 31 Marcb 2024 5285 5,988 11,273 DEPRECIATION At l Apnl 2023 ChaTge for year J,739 1,052 3,030 1.7l8 2,770 At 31 Marcb 2024 2,791 4,748 7,539 NET B(M)K VALUE At 31 March 2024 2,494 1,240 3,734 At 31 March 2023 744 1,901 2,645 14. DEFTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 T]tde debtors 2,045 550 15. CREDITORS: AMOUNTS FALLING DUE IVITFIIN ONE YEAR 2024 2023 Trade creditOTS Social security and other taxes Other creditors Accrued expenscs Defened incom¢ 13 3,203 1,190 2,898 4.769 1,021 960 40,624 44.983 50.349 50,272 16. MOVEMENT IN FUNDS movement ill funds At 31.3.24 At J.423 Unres1rlcl fuDdg G¢neral fuDd 86,327 (49,095) 37,232 Restrlcted fuDd$ Hyde HousiD8 2.182 (2,182) TOTAL FUNDS 88.509 (51,277) 37,232 Page 15 continued...
T ARNER NOTES TO THE FINANCIAL STATEMENfs- continned FOR THE YEAR E14DED 31 MARCH 21124 16. Net rn0Venllt ID fimds included the above are &g follows: Incong Rc50urces Mov¢nnt in fidS Unrttlricted funds GeneTa] fimd 300.370 (349.465) (49,095) Restrlcted Ibnds Hyde Housing 44,674 (46,856) (2,182) TOTAL FUNDS 345,044 (396J21) (51,277) Comparativu for njovement In funds Net movement At 31.3.23 At 1.4.22 Unre$*rlcted funds General fid J29,$24 (43,197) 86,327 Restrlcted fund8 Hyde Housing 1182 2,182 TOTAL FUNDS 129,524 (41.015) 88.509 CompaTative nct movem¢nt in fimd4 included in the above arc a5 follows: ]])comlng r¢sources Resources expeDded Movement in funds Unmtrlcted fund Gcnernl fund 255.159 (298.356) (43,197) Restrteted fund5 Global Mak¢ Some Noise Hyde Housin8 Julia Rausing Youth EDdownrn¢nt Fund 27.500 30,326 4,612 400 (27,500) (28.144) (4,612) {400) 2,182 62.838 (60,656) 2,182 TOTAL FUNDS 317,997 (359,012) (41,Ol5) The pwp)se of ea¢h restricted findin8 w&8 a5 folk)wy . ltyde Housing - to run a w¢ekty Ythth Hub at The Level irj Brighton with AudioActiv¢ to r¢du¢e C'ountylines activity, youth Crime and anti-social behaviour in a City centre erin hot SL Page 16 continued...
TARNER NOTES TO THE FINANCLIL sTATETr1E[S. continued FOR THE YEAR ENDKD 31 MARCH 2024 17. There were no related pty transactions for the year ended 31 March 2024. Page 17