COMPANY REGISTRATION NUMBER:
06709767
CHARITY REGISTRATION NUMBER: 1152486
Ethnic Youth Support Team Company Limited by Guarantee
Financial Statements
31 March 2023
GORDON DOWN & PARTNERS
Accountants and Business Advisors & statutory auditor 144 Walter Road Swansea SA1 5RW
Ethnic Youth Support Team
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2023
| Page | |
|---|---|
| Trustees' annual report (incorporating the director's report) | 1 |
| Independent auditor's report to the members | 13 |
| Statement of financial activities (including income and | |
| expenditure account) | 18 |
| Statement of financial position | 19 |
| Statement of cash flows | 20 |
| Notes to the financial statements | 21 |
| The following pages do not form part of the financial statements | |
| Detailed statement of financial activities | 37 |
| Notes to the detailed statement of financial activities | 39 |
Ethnic Youth Support Team
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 31 March 2023
The trustees, who are also the directors for the purposes of company law, present their report and the financial statements of the charity for the year ended 31 March 2023.
Reference and administrative details
Registered charity name Ethnic Youth Support Team Charity registration number 1152486 Company registration number 06709767 Principal office and registered UNITS B & C office 11 ST. HELENS ROAD SWANSEA SA1 4AB
The trustees
Mr Hywel Vaughan Ms Shehla Khan Mr Abdul-Azim Ahmed Mr Mark Alaszweski Ms Nimisha Trivedi (Retired 21 September 2022) Ms Korina Tsioni Ms Fatiha Rahman Ms Tahirah Ali (Appointed 18 May 2022) Auditor Gordon Down & Partners Accountants and Business Advisors & statutory auditor 144 Walter Road Swansea SA1 5RW
Structure, governance and management
Structure
The Management Committee confirms that the annual report and financial statements of the charity comply with the requirements of the charity's governing documents and the provisions of the Charities Statement of Recommended Practice (SORP FRS 102).
Legal Status
The Charity is a company, limited by guarantee, registration number 06709767. It is registered with the Charity Commission, number 1152486.
Method of Appointment
The Management of the Charity is the responsibility of the management Committee and its officers who are elected and co-opted under the terms of the Charity Commission Scheme.
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Ethnic Youth Support Team
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2023
Structure, governance and management (continued)
Trustee induction and training
Most trustees are already familiar with the practical work of the charity as most were previously involved in EYST in some way including as long-standing volunteers. They are also regularly invited to take part in team-building and staff development days and other EYST events. They play a key part in the Bi-Annual Staff Development Day which is an organisation-wide visioning day held every June and December.
Additionally, new trustees are invited and encouraged to attend a series of short training sessions to familiarise themselves with the charity and the context within which it operates. These are jointly led by the Chair of the Management Committee and the Director of the charity and cover:
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Ÿ The obligations of Management Committee members
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Ÿ The main documents which set out the operational framework for the charity including the Memorandum and Articles
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Ÿ Resourcing and the current financial position as set out in the latest published accounts
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Ÿ Future plans and objectives.
However in view of our recent growth, during the coming year, we plan to strengthen and develop our trustees by undertaking a skills audit and recruiting new trustees to meet identified skills gaps.
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Ethnic Youth Support Team
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2023
Structure, governance and management (continued)
Risk Management
The Management Committee has conducted a review of the major risks to which the charity is exposed. A risk register has been established and is updated at least annually. Where appropriate, systems or procedures have been established to mitigate the risks the charity faces. Significant external risks to funding have led to the development of a strategic plan which will allow for the diversification of funding and activities. Internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects. Procedures are in place to ensure compliance with health and safety of staff, volunteers, clients and visitors to the centre. These procedures are periodically reviewed to ensure that they continue to meet the needs of the charity.
The trustees have conducted their own review of the major risks to which the charity is exposed, where at unacceptable levels, haven taken steps to mitigate those risks. The procedures are periodically reviewed to ensure that they still meet the needs of the charity. The principal risks facing the charity and a summary of the key mitigation actions, are noted below.
Risk: Political opposition from competitors
Mitigating Actions:
Ÿ Focus on building one-to-one relationships with key organisations and individuals Ÿ Identifying mutual beneficial ways of working and supporting other organisations to achieve their objectives
Ÿ Recognising expertise and seeking to harness and bring together strengths of competitors in a coalition style network
Risk: Partnerships breaking up
Mitigating Actions:
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Ÿ Seeking to work with organisations and individuals with shared values
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Ÿ Establishing clear partnership agreements from the outset Ÿ Effectively servicing partnerships with regular meetings and communication, regularly reviewing and evaluating progress.
Risk: Loss of focus/ mission drift
Mitigating Actions:
Ÿ Regular EYST Wales Visioning Days, involving range of stakeholders including staff and volunteers.
- Ÿ Regular and effective consultation with key client group Ÿ Having an engaged, skilled and trained EYST Wales Board who provide challenge and support for EYST leadership.
Risk: Staff malpractice/ a safeguarding failure
Mitigating Actions:
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Ÿ Implementing recruitment policies and controls for staff/ volunteers with appropriate DBS checks
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Ÿ Regular provision of safeguarding training for all staff and volunteers
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Ÿ Effective supervision procedures
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Ÿ Effective risk assessment systems in place
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Ethnic Youth Support Team
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2023
Structure, governance and management (continued)
Risk: A major property incident
Mitigating Actions:
Ÿ Implementation of ongoing property checks
Risk: Loss of key personnel
Mitigating Actions:
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Ÿ Regular appraisals & team meetings
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Ÿ Team development activities
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Ÿ Quality continuing professional development opportunities
Risk: Reduction in clients / service users
Mitigating Actions:
Ÿ Development of activities and community projects to attract and support new members and client groups.
Risk: Loss of funding for projects
Mitigating Actions:
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Ÿ Diversify funding streams
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Ÿ Generate own income
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Ÿ Boost public donations
Key management remuneration
The board of Trustees together with key staff members are considered to be the key management personnel of the charity. Details of payments to / from Trustees are disclosed in note 13 to the accounts. Payments made to other key management personnel are given in note 12. The level of payment made to all key management personnel is reviewed annually by Trustees.
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Ethnic Youth Support Team
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2023
Structure, governance and management (continued)
Organisational structure
In March of 2022 our Long serving CEO moved onto to become the Children's Commissioner of Wales. As a result of this move the leadership and structure within EYST has changed. EYST is now led by our Co-Directors Helal Uddin, Head of Services & Partnerships and Lloyd Williams, Head of People & Governance. The Co-Directors have oversight over the 9 different teams within EYST, with the 8 team leads reporting directly to their respective Co-Director. Our Head of Services & Partnerships leads our Youth Support Team, BME CYP Team, Refugee Resettlement Project (Swansea), Refugee Resettlement Scheme (Carmarthenshire, Powys & Pembrokeshire) and our AllWales Engagement Project. Our of Head of People & Governance leads our Sanctuary Team, Helpline Team, Finance Team and RAW (Race Alliance Wales).
These 8 Team Leads report to the Co-Directors and are responsible for the day-to-day line management and supervision of staff members within their designated teams. The Co-Directors is responsible for ensuring that the charity delivers the services specified and that key performance indicators are met. The Team Leads have responsibility for the day-to-day operational management of staff, individual supervision of the staff team and also ensuring that the team continue to develop their skills and working practices in line with good practice.
Objectives and activities
The objectives of EYST are to continue to focus on helping BME young people, families and individuals living in Wales to contribute, participate and feel a valued part of Wales, through various projects focusing on youth support, family support, sporting activities, education, health and employment support. They are also to continue to challenge racial stereotypes and promote understanding and community cohesion amongst the wider public.
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Ethnic Youth Support Team
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2023
Objectives and activities (continued)
Annual Report
Welcome to our Annual Report for 2022, the 17th year of our existence, and one which has had many highlights, as well as challenges. We have also been grateful for the generous support from a range of funders to respond to new areas of need to support ethnic minority people across Wales, Hard work was at the core of this year, and our frontline services continued to be incredibly busy. Our refugee resettlement team continued to expand supporting hundreds of individuals and families in Powys, Swansea and Carmarthenshire, as well as Pembrokeshire.
Our Black and Minority Ethnic Children and Young People (BME CYP) project supporting ethnic minority children and families in Newport, Wrexham, Cardiff and Swansea, was also exceptionally busy - the team supported 326 children during 2021, delivered over 3400 advice and support sessions, and delivered 17 training and awareness sessions to 158 professionals from across Wales.
On a more strategic level, our All Wales Black, Asian and Minority Ethnic Engagement Programme was also very busy continuing to support Welsh Government's consultation on their important AntiRacist Wales Action Plan, and we facilitated a high number of online consultation sessions to ensure a range of voices were heard including those of young people, older people, women, men, refugees and asylum-seekers.
Once again, as we look forward to 2024, we give huge thanks to all our funders, supporters, staff, volunteers and service users, without whom nothing would be possible.
In solidarity,
EYST Board of Trustees
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Ethnic Youth Support Team
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2023
Achievements and performance
Summary of Key Projects and Activities
BME Sport Cymru
Our BME Sports Swansea continued to work hard in 2021 to provide opportunities to both individuals and groups. Basit, our project officer supported by Swansea Council and Sport Wales, worked hard to continue to provide opportunities in challenging conditions. Like many projects the BME Sports project had to adapt to the pandemic. This included handing out a lot of equipment to young people across Swansea and taking some of our activities outdoors and into fresh air. The pandemic highlighted once again the importance of sport and activity for mental health and well-being.
Family Link Project
The Family Link Project provides culturally and emotionally sensitive support through a designated Team. The team continues to use the family approach, covering families and young people between the ages of 11 to 19; including all Black Asian and Minority Ethnic communities across Swansea. Some of the support we provided in the last year ranged from domestic/sexual violence, family/relationship breakdown, employment, training, housing, volunteering, education, parenting, welfare rights and working with schools to tackle bullying and racism. Over the last year we have supported 46 families and 219 individuals. We received referrals from Social Services, schools, job centres, Individual Domestic Violence Adviser (IDVA), within Ethnic Minorities Youth Support Team and other organisations such as YMCA, Swansea MIND, African Community Centre, Citizens Advice and SCVS as well as self-referrals. Specifically, we have worked with 16 families, who have all received support with parenting skills, and 10 domestic violence cases. This year, we have worked with 29 of our partner organisations, helping to directly support our clients. Thankfully we have closed 45 cases with a positive outcome. Thank you to our funders for enabling us to provide much needed support to the community of Swansea.
BME CYP Project
Our BME CYP Project went from strength in 2021, funded by the Welsh Government our project workers led by Fateha Ahmed supported young people and families across Wales. The BME CYP Project works across Cardiff, Newport and Wrexham providing one to one and group support across the full range of topics including well-being, housing, benefits advice, employment and education. The work of the project continues to enhance and develop our work in Newport and Wrexham which are two of our newer areas, and both have shown the great need there is across Wales for quality holistic and culturally sensitive support.
Sanctuary Hub
Our Sanctuary Hub funded by the National Lottery Community Fund has been able to provide a safe space for sanctuary seekers to access a wide range of support and activities including Volunteering. The key for the Hub was given to us just before the COVID-19 Pandemic and as a result of the lockdown we have been in and out completing the work and it has been wonderful to welcome back our volunteers and clients to the space and seeing the support being delivered in person.
Refugee & Asylum Advice Project
Our refugee and asylum support, funded by the Henry Smith Foundation, which is one of our longest running projects, was able to make a smooth transition to working remotely. Much of this was due to the resilience, dedication and skill of our support workers. The demand for this support reached incredibly high levels particularly in the face of the uncertainty around the asylum process and the Home Office systems during the pandemic. Our team was able to support 600 different clients in over 3000 advice sessions in a year. Staff supported our clients in a range of issues including employment, asylum related issues, housing, health and financial issues. During this time the staff embodied the saying "Where there is a will, there is a way".
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Ethnic Youth Support Team
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2023
EYST Crisis project
The Crisis project was born out of the pandemic, resulting from the ongoing challenges faced by individuals and families from asylum and refugee backgrounds. Originally funded by the Children's society then later by the WCVA, the project was able to provide support to the most vulnerable in our communities, including help with access to electronic devices including laptops, tablets and mobile data. This project came at a crucial time for our clients as the pandemic highlighted issues of access to IT IT IT equipment and data. This was particularly felt by Sanctuary-seeking families with schoolage children.
Supporting the resettlement of refugees in Wales
Swansea
The first families we received on the Resettlement Programme back in 2016 came to the end of the 5 year period. To mark this special moment, goodbye celebrations were held in the presence of Swansea Lord Mayor Mark Child, and later, Mary Jones, as we wished the best to the families. While bittersweet, we have welcomed new families resettling in Wales as we understand the profound impact this can have over time. Client families have resumed life through education and employment access while getting to to know Wales.
Carmarthenshire
The team were privileged to be the first team to receive the first Ukrainian refugee family in Wales and continue doing their brilliant support work with families from Syria and Afghanistan as well as Ukraine.
Pembrokeshire
Our support for refugee families has reached Pembrokeshire this year and our support worker Tammy Foley is doing a fantastic job of supporting families from Syria.
Powys
Our dedicated team comprising Caroline Massey, Eiman Nabag, Hamed Hassoun, Julie Hassoun, Shabnam Brookbank and Chris Brookbank keep up their amazing work supporting refugee families from Syria, Afghanistan and Ukraine. The families are distributed in Ystradgynlais, Newtown, Welshpool and Llandrindod Wells.
BME Youth Invest & BME Invest Project
The BME Invest project funded by WCVA via European funding continued our employability projects into 2021 after closing two successful projects in Swansea and one in Cardiff. The team, led by Deb Cooze focused on finding 16-hour, 16-week placements for both young people aged 18-24 or over 25s in long term unemployment. Three projects targeted young people: Jess Perkins was based in Cardiff and Newport, Rajmin Begum worked from Swansea, Neath Port Talbot and Carmarthenshire and Anna Szymanska's project centred on Wrexham. Aderinola Omole worked with the over 25s in Swansea and Carmarthenshire. Between them they found placements for 40 participants. The placements were with a wide range of wonderful Third Sector, public and private sector firms providing unique opportunities for our participants, many of whom would not have had the opportunity outside of this project. The team worked tirelessly to provide the participants with the best support and guidance for them to succeed in their placement and find sustainable employment upon completion.
"The placements were with a wide range of wonderful Third Sector, public and private sector firms providing unique opportunities for our participants, many of whom would not have had the opportunity outside of this project."
BAME Helpline
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Ethnic Youth Support Team
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2023
After a successful pilot, the Multi-lingual Helpline Wales (formerly BAME Helpline) extends its offering for a further two years after securing funding from the National Lottery Community Fund. In the new phase, a LiveChat facility was added, allowing clients an alternative to phoning in or reaching out via text/email. Citizen's Advice Cymru, Women Connect First and Promo Cymru remain partners on the project as we work collaboratively to combat the digital and language barriers first identified in the pilot phase. Project Manager Derin Omole and call handlers Debanjali Bhattacharjee, Anna Szymanska and Sadia Malik saw the project through to the winter period, offering one-to-one support and client referrals on a range of topics including employment, housing, welfare entitlements and mental health. With access to a pool of interpreters and a team that speaks 7 languages, language is never an issue.
Telling Our Own Stories
EYST teamed up with The People Newsroom and On Our Radar to deliver training to individual Community Journalists - empowering our communities to Tell Their Own Stories. We created a bespoke training program which looked at many aspects of journalism, with the aim to build and support a community newsroom which is focused on those who have been traditionally marginalised by the media. The Community Journalists have been supported to learn about, design and research many different aspects of journalism. Through this project the Community Journalists learnt and understood how they could use journalism to create meaningful work which would have a positive impact on their communities and help find solutions and raise awareness of local issues.
Volunteering
We have been able to reintroduce Volunteering back across our Work which has been wonderful to see, particularly in new areas including Wrexham and Newport, volunteering has always been at the heart of our work the power of volunteering to inspire, support and develop change cannot be underestimated.
All Wales Engagement Project
All Wales Engagement Programme proceeded to host a series of online focused forums to enable people to respond to Welsh Government's consultation on its Race Equality Action Plan. We made sure that the diverse voices of young people and older people were not omitted from this conversation and are happy to announce that this has since been acknowledged in the recent publication from Welsh Government. Sadly, the project's long-time Programme Lead Ginger Wiegand left. Her efforts were invaluable in the development of the project. We were also excited to see our Routes to Public Life Mentoring Programme enter a new phase as a cross-equalities project delivered in partnership with WEN Wales, Stonewall Cymru and Disability Wales titled Equal Power Equal Voice!
Race Alliance Wales
RAW (Race Alliance Wales) is an initiative which aims to act as a collaborative and self-directed platform for individuals and organisations interested in achieving race equality in Wales. RAW is driven and guided by the RAW Steering group but EYST hosts the RAW staff members. 2021 was a very busy time for the Race Alliance Wales, the expanded team released two exciting reports Show us you care: exploring the cumulative impact of racism upon racialised young people in the Welsh education system and Do Do the right thing: achieving equity in racialised representation in public and political life in Wales. RAW continued to increase its membership to reach a wider audience and enhance the impact of its research. For more information: www.racealliance.wales
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Ethnic Youth Support Team
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2023
Financial review
Financial position
The Charity's net incoming resources for the year amounted to £289,977 (compared to net incoming resources of £122,976 in 2022). The restricted incoming resources for the year of £1,909,128 consists largely of grant income received. These funds were expended on salaries and agreed overheads. Any unspent revenue income is carried forward to next year. The total unrestricted funds at the end of the year represent the Charity's free reserves and amounted to £648,543 (2022 - £349,676). The total restricted reserves at the year end amount to £575,143 (2022 - £584,033).
Reserves policy
EYST's reserves policy is to seek to establish and then maintain sufficient level of reserves to enable normal operating activities to continue over a period of up to 6 months should a shortfall in income occur and to take account of potential risks and contingencies that may arise from time to time. EYST's annual income fluctuates but has remained at a similar level to the previous year, when we had a significant increase, however this is still made up mainly of project-specific funding. Core costs are deemed to be premises expenditure and Chief Executive/Co-Director's salary, as well as key project staff who are considered to be integral to EYST's core services. Altogether, these core costs amount to approximately £200k annually. We continue to have a number of large grants which are paid quarterly in arrears, meaning that at any one time we are owed between £100k-£150k. For this reason, it is necessary to increase our target reserves figure to £300k to allow for expenditure in advance, together with 6 months core running costs.
EYST will endeavour to grow its reserves to the agreed target by undertaking the following fundraising activities:
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Delivering Training Services to Professionals and Young People
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Hiring out of EYST Centre to community groups
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Fundraising activities including Dinners, Sponsored Runs, Public Donations, etc, (to be agreed annually at EYST's Annual Visioning Day)
Expenditure of EYST reserves is at the discretion of the Trustees but should be avoided where reserves fall below the target of 6 months' core running costs. Circumstances in which expenditure of reserves can be justified is where the sustainability, survival or safe delivery of EYST core services is at risk without the expenditure. Should EYST reserves grow in excess of the target then steps will be taken by the Trustees to identify the most effective ways of spending the reserves which are in excess of 6 months running costs in order to maximise benefits to the charity in accordance with its charitable objectives. EYST Trustees are presented with regular information relating to the charity's reserves levels and agree any actions to be taken relating to expenditure or generation of reserves. This policy is reviewed at least annually, taking into account the charity's changing financial picture.
Going concern
Having considered budgets for the next twelve months, the Trustees are confident that the Charity will continue to meet its liabilities as they fall due for the foreseeable future and consider that there are no material uncertainties about EYST's ability to continue as a going concern. It is therefore considered appropriate by the TRustees to prepare the financial statements on a going concern basis.
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Ethnic Youth Support Team
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2023
Plans for future periods
Our future plans are to continue consolidating our position as a Wales-wide organisation, and further develop our services in Cardiff, Newport and Wrexham. These include a commitment to continue to provide frontline services to Young people, families and individuals seeking Sanctuary. In Cardiff, we will continue to develop our new offices in Butetown and continue to develop our services in Newport and Wrexham. We plan to continue to develop our role as Lead Body for Race, under Welsh Government's funding of the All Wales Engagement Programme. In Swansea, we will focus on maintaining our core services. Over the last several years we have committed to improving our internal mechanisms and HR provision and we will continue to do this to support our expanding work. We will look to to continue to work in partnership to further meet the needs of our client base.
Trustees' responsibilities statement
The trustees, who are also directors for the purposes of company law, are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and the incoming resources and application of resources, including the income and expenditure, for that period.
In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the applicable Charities SORP;
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make judgments and accounting estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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Ethnic Youth Support Team
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2023
Auditor
Each of the persons who is a trustee at the date of approval of this report confirms that:
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so far as they are aware, there is no relevant audit information of which the charity's auditor is unaware; and
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they have taken all steps that they ought to have taken as a trustee to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that information.
The auditor is deemed to have been re-appointed in accordance with section 487 of the Companies Act 2006.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
The trustees' annual report was approved on .............................. and signed on behalf of the board of trustees by:
Ms Shehla Khan Trustee
Charity Secretary
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Ethnic Youth Support Team
Company Limited by Guarantee
Independent Auditor's Report to the Members of Ethnic Youth Support Team
Year ended 31 March 2023
Opinion
We have audited the financial statements of Ethnic Youth Support Team (the 'charity') for the year ended 31 March 2023 which comprise the statement of financial activities (including income and expenditure account), statement of financial position, statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
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give a true and fair view of the state of the charity's affairs as at 31 March 2023 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
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have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice;
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have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
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Ethnic Youth Support Team
Company Limited by Guarantee
Independent Auditor's Report to the Members of Ethnic Youth Support Team
(continued)
Year ended 31 March 2023
Other information
The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
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the information given in the trustees' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
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the trustees' report has been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees' report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:
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adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
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the financial statements are not in agreement with the accounting records and returns; or
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certain disclosures of trustees' remuneration specified by law are not made; or
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we have not received all the information and explanations we require for our audit; or
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the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemptions in preparing the directors' report and from the requirement to prepare a strategic report.
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Ethnic Youth Support Team
Company Limited by Guarantee
Independent Auditor's Report to the Members of Ethnic Youth Support Team
(continued)
Year ended 31 March 2023
Responsibilities of trustees
As explained more fully in the trustees' responsibilities statement, the trustees (who are also the directors for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.
Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
We obtained an understanding of the legal and regulatory frameworks that are applicable to the entity and determined that the most significant are those that relate to: FRS102 Employment law Tax & pension law Charities SORP Health & safety
We assessed the risks of material misstatement in respect of fraud as follows: We inquired with management about the existence of fraud and if there were any unusual transactions or relationships. We also performed various tests on the records to check for misstatement. We did not identify any issues.
We considered the risk of fraud through management override and, in response, we incorporated testing of adjusting entries into our audit approach.
Based on the results of our risk assessment we designed our audit procedures to identify and to address material misstatements in relation to fraud. We considered the possibility of fraudulent payments to third parties and also looked for segregation of duties.
A further description of our responsibilities for the audit of the financial statements is located on the FRC’s website at https: www.frc.org.uk/auditorsresponsibilities.
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Ethnic Youth Support Team
Company Limited by Guarantee
Independent Auditor's Report to the Members of Ethnic Youth Support Team
(continued)
Year ended 31 March 2023
As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also:
-
Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
-
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control.
-
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustees.
-
Conclude on the appropriateness of the trustees' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the charity's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the charity to cease to continue as a going concern.
-
Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.
- 16 -
Ethnic Youth Support Team
Company Limited by Guarantee
Independent Auditor's Report to the Members of Ethnic Youth Support Team
(continued)
Year ended 31 March 2023
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
Use of our report
This report is made solely to the charity's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charity's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's members as a body, for our audit work, for this report, or for the opinions we have formed.
Laurence Cohen (Senior Statutory Auditor)
For and on behalf of Gordon Down & Partners Accountants and Business Advisors & statutory auditor 144 Walter Road Swansea SA1 5RW
- 17 -
Ethnic Youth Support Team
Company Limited by Guarantee
Statement of Financial Activities (including income and expenditure account)
Year ended 31 March 2023
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Unrestricted Restricted |
|||||
| funds | funds | Total funds | Total funds | ||
| Note | £ | £ | £ | £ | |
| Income and endowments | |||||
| Donations and legacies | 5 | 209,764 | 1,909,128 2,118,892 1,821,655 |
||
| Charitable activities | 6 | 194,056 | – | 194,056 125,270 |
|
───────── |
──────────── |
──────────── |
──────────── |
||
| Total income | 403,820 | 1,909,128 2,312,948 1,946,925 |
|||
═════════ |
════════════ |
════════════ |
════════════ |
||
| Expenditure | |||||
| Expenditure on charitable activities | 7,8 | 123,792 | 1,899,179 2,022,971 1,833,949 |
||
───────── |
──────────── |
──────────── |
──────────── |
||
| Total expenditure | 123,792 | 1,899,179 2,022,971 1,833,949 |
|||
═════════ |
════════════ |
════════════ |
════════════ |
||
───────── |
──────────── |
──────────── |
──────────── |
||
| Net income | 280,028 | 9,949 289,977 112,976 |
|||
═════════ |
════════════ |
════════════ |
════════════ |
||
| Transfers between funds | 18,839 | (18,839) – |
– | ||
───────── |
──────────── |
──────────── |
──────────── |
||
| Net movement in funds | 298,867 | (8,890) 289,977 112,976 |
|||
| Reconciliation of funds | |||||
| Total funds brought forward | 349,676 | 584,033 933,709 820,732 |
|||
───────── |
──────────── |
──────────── |
──────────── |
||
| Total funds carried forward | 648,543 | 575,143 1,223,686 933,708 |
|||
═════════ |
════════════ |
════════════ |
════════════ |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 21 to 34 form part of these financial statements.
- 18 -
Ethnic Youth Support Team
Company Limited by Guarantee
Statement of Financial Position
31 March 2023
| 2023 | 2022 | 2022 | |||
|---|---|---|---|---|---|
| (restated) | |||||
| Note | £ | £ | £ | ||
| Fixed assets | |||||
| Tangible fixed assets | 14 | 484,697 | 483,198 | ||
| Current assets | |||||
| Debtors | 15 | 284,857 | 327,473 | ||
| Cash at bank and in hand | 744,532 | 398,944 | |||
──────────── |
───────── |
||||
| 1,029,389 | 726,417 | ||||
| Creditors: amounts falling due within one year | 16 | 51,129 | 28,889 | ||
──────────── |
───────── |
||||
| Net current assets | 978,260 | 697,528 | |||
──────────── |
──────────── |
||||
| Total assets less current liabilities | 1,462,957 | 1,180,726 | |||
| Creditors: amounts falling due after more than | |||||
| one year | 17 | 239,271 | 247,019 | ||
──────────── |
──────────── |
||||
| Net assets | 1,223,686 | 933,707 | |||
════════════ |
════════════ |
||||
| Funds of the charity | |||||
| Restricted funds | 575,143 | 584,032 | |||
| Unrestricted funds | 648,543 | 349,675 | |||
──────────── |
───────── |
||||
| Total charity funds | 19 | 1,223,686 | 933,707 | ||
════════════ |
═════════ |
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on ........................, and are signed on behalf of the board by:
Ms Shehla Khan Trustee
The notes on pages 21 to 34 form part of these financial statements.
- 19 -
Ethnic Youth Support Team
Company Limited by Guarantee
Statement of Cash Flows
Year ended 31 March 2023
| Year ended 31 March 2023 | ||
|---|---|---|
| 2023 | 2022 | |
| (restated) | ||
| £ | £ | |
| Cash flows from operating activities | ||
| Net income | 289,977 | 112,976 |
| Adjustments for: | ||
| Depreciation of tangible fixed assets | 32,917 | 37,801 |
| Interest payable and similar charges | 15,842 | 36,675 |
| Accrued expenses/(income) | 1,212 | (4,932) |
| Changes in: | ||
| Trade and other debtors | 42,616 | (161,475) |
| Trade and other creditors | 19,203 | (4,517) |
───────── |
───────── |
|
| Cash generated from operations | 401,767 | 16,528 |
| Interest paid | (15,842) | (36,675) |
───────── |
──────── |
|
| Net cash from/(used in) operating activities | 385,925 | (20,147) |
═════════ |
════════ |
|
| Cash flows from investing activities | ||
| Purchase of tangible assets | (34,416) | (247,718) |
───────── |
───────── |
|
| Net cash used in investing activities | (34,416) | (247,718) |
═════════ |
═════════ |
|
| Cash flows from financing activities | ||
| Proceeds from borrowings | (5,923) | 223,742 |
───────── |
───────── |
|
| Net cash (used in)/from financing activities | (5,923) | 223,742 |
═════════ |
═════════ |
|
| Net increase/(decrease) in cash and cash equivalents | 345,586 | (44,123) |
| Cash and cash equivalents at beginning of year | 398,946 | 443,071 |
───────── |
───────── |
|
| Cash and cash equivalents at end of year | 744,532 | 398,948 |
═════════ |
═════════ |
The notes on pages 21 to 34 form part of these financial statements.
- 20 -
Ethnic Youth Support Team
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2023
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is UNITS B & C, 11 ST. HELENS ROAD, SWANSEA, SA1 4AB.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
- 21 -
Ethnic Youth Support Team
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
3. Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
-
income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
-
legacy income is recognised when receipt is probable and entitlement is established.
-
income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
-
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
-
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
-
other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
- 22 -
Ethnic Youth Support Team
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
3. Accounting policies (continued)
Tangible assets (continued)
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
| Freehold property | - | 50 years |
|---|---|---|
| Fixtures and fittings | - | 25% straight line |
| Motor vehicles | - | 25% straight line |
| Equipment | - | 25% straight line |
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cashgenerating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
- 23 -
Ethnic Youth Support Team
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
3. Accounting policies (continued)
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.
4. Limited by guarantee
The company is limited by guarantee and does not have a share capital. The liability of the members in the event of the company being liquidated is limited to £1 per member.
5. Donations and legacies
| Unrestricted | Restricted Total |
Restricted Total |
Funds | |
|---|---|---|---|---|
| Funds | Funds | 2023 | ||
| £ | £ | £ | ||
| Donations | ||||
| Donations | 17,519 | – | 17,519 | |
| Wales & West Housing donation | 10,000 | – | 10,000 | |
| Grants | ||||
| WCVA – Volunteering Project | – | 2,000 | 2,000 | |
| City & County of Swansea – Family First | 2,675 | 60,429 | 63,104 | |
| City & County of Swansea – BME Sports | – | 30,000 | 30,000 | |
| City & County of Swansea – Summer of Fun | – | 9,000 | 9,000 | |
| Active Inclusion – BME Youth Invest | 3,676 | 41,092 | 44,768 | |
| Henry Smith Foundation | 6,821 | 79,929 | 86,750 | |
| CWVYS – Summer of Fun | – | 9,097 | 9,097 | |
| Swansea RRP | 12,684 | 108,318 | 121,002 | |
| Carmarthenshire RRP | 8,671 | 176,923 | 185,594 | |
| Powys RRP | 10,669 | 127,394 | 138,063 | |
| Pembrokeshire RRP | 1,876 | 14,736 | 16,612 | |
| CC Swansea – Homes for Ukraine | 15,078 | 167,497 | 182,575 | |
| Welsh Government – Equality | -644 | 99,726 | 99,082 | |
| Welsh Government – BME CYP | – | 129,278 | 129,278 | |
| Welsh Refugee Council | – | 12,480 | 12,480 | |
| Joseph Rowntree | 11,711 | 66,767 | 78,478 | |
| Cardiff Council – Summer of Fun | – | 4,000 | 4,000 | |
| Crisis UK | 3,230 | 21,766 | 24,996 | |
| BBC Children in Need – Inspiring Futures | 3,609 | 9,646 | 13,255 | |
| CAF Resilience | – | 56,639 | 56,639 | |
| CC Swansea – Afghan Project | 2,789 | 25,513 | 28,302 | |
| Lankelly Media – Community Journalism | – | 22,000 | 22,000 | |
| Equal Power Equal Voice – All Wales Mentoring | 4,664 | 20,821 | 25,485 |
- 24 -
Ethnic Youth Support Team
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
5. Donations and legacies (continued)
| Unrestricted | Restricted Total Funds |
Restricted Total Funds |
Restricted Total Funds |
|
|---|---|---|---|---|
| Funds | Funds | 2023 | ||
| £ | £ | £ | ||
| Big Lottery – BAME Helpline | – | 142,556 | 142,556 | |
| Share Tawe – Housing Justice | – | 17,199 | 17,199 | |
| Mind – Time to Change | – | 40,000 40,000 |
||
| Wrexham Council | – | 46,500 | 46,500 | |
| BBC CIN – Wrexham Cultures Youth Project | – | 29,044 29,044 |
||
| National Lottery – Sanctuary Hub | – | 123,687 123,687 |
||
| Welsh Government – SVWYO | 6,893 | 45,418 52,311 |
||
| Oak Foundation | – | 107,364 107,364 |
||
| Haverfordwest Mosque Partnership | – | 20,000 | 20,000 | |
| Monmothshire Council | – | 10,000 | 10,000 | |
| Swansea University – Summer of Fun | – | 5,361 | 5,361 | |
| Platform – Power Up Project | – | 3,012 | 3,012 | |
| Street Games UK | – | 4,000 | 4,000 | |
| Esme Fairbairn | 84,500 | – | 84,500 | |
| Race Council Cymru | – | 2,000 | 2,000 | |
| National Theatre Wales | – | 4,180 | 4,180 | |
| Young Person’s Committee Project | – | 10,874 | 10,874 | |
| Other grants | 3,344 | 2,880 | 6,224 | |
───────── |
──────────────────────── |
|||
| 209,764 | 1,909,128 | 2,118,892 | ||
═════════ |
════════════════════════ |
| Unrestricted | Restricted | Restricted | Total Funds | |
|---|---|---|---|---|
| Funds | Funds | 2022 | ||
| (restated) | ||||
| £ | £ | £ | ||
| Donations | ||||
| Donations | 9,509 | – | 9,509 | |
| Wales & West Housing donation | – | – | – |
- 24 -
Ethnic Youth Support Team
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
5. Donations and legacies (continued)
| Unrestricted | Restricted | Restricted | Total Funds | |
|---|---|---|---|---|
| Funds | Funds | 2022 | ||
| (restated) | ||||
| £ | £ | £ | ||
| Grants | ||||
| Grant Income | 74,849 | 1,734,215 1,809,064 |
||
| Other grants - unrestricted | 3,082 | – | 3,082 | |
| Other grants - restricted | – | – | – | |
──────── |
──────────── |
──────────── |
||
| 87,440 | 1,734,215 | 1,821,655 | ||
════════ |
════════════ |
════════════ |
6. Charitable activities
| Unrestricted Total |
Funds Unrestricted Total Funds |
Funds Unrestricted Total Funds |
Funds Unrestricted Total Funds |
|
|---|---|---|---|---|
| Funds | 2023 | Funds | 2022 | |
| (restated) | ||||
| £ | £ | £ | £ | |
| Research and fee income | 76,053 | 76,053 | – | – |
| Training and workshop income | 26,128 | 26,128 | 17,254 | 17,254 |
| Other Income | 9,601 | 9,601 | 33,352 | 33,352 |
| Welsh Government Secondment | 71,889 | 71,889 | 51,297 | 51,297 |
| BAVO Secondment | 10,385 | 10,385 | 23,367 | 23,367 |
───────── |
───────── |
───────── |
───────── |
|
| 194,056 | 194,056 | 125,270 | 125,270 | |
═════════ |
═════════ |
═════════ |
═════════ |
7. Expenditure on charitable activities by fund type
| Unrestricted | Restricted | Restricted | Total Funds | |
|---|---|---|---|---|
| Funds | Funds | 2023 | ||
| £ | £ | £ | ||
| Activity type 1 | 118,692 | 1,889,778 2,008,468 |
||
| Support costs | 5,100 | 9,401 14,503 |
||
───────── |
──────────── |
──────────── |
||
| 123,792 | 1,899,179 2,022,971 |
|||
═════════ |
════════════ |
════════════ |
||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2022 | ||
| (restated) | ||||
| £ | £ | £ | ||
| Activity type 1 | 103,355 | 1,718,400 1,821,755 |
||
| Support costs | 4,150 | 8,044 12,194 |
||
───────── |
──────────── |
──────────── |
||
| 107,505 | 1,726,444 1,833,949 |
|||
═════════ |
════════════ |
════════════ |
- 26 -
Ethnic Youth Support Team
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
8.
Expenditure on charitable activities by activity type
| Activities | ||||||||
|---|---|---|---|---|---|---|---|---|
| undertaken | Total funds | Total fund | ||||||
| directly | Support | costs | 2023 | 2022 | ||||
| £ | £ | £ | £ | |||||
| Activity type 1 | 2,008,468 | – | 2,008,468 | 1,821,755 | ||||
| Governance costs | – | 14,503 | 14,503 | 12,194 | ||||
──────────── |
──────── |
──────────── |
──────────── |
|||||
| 2,008,468 | 14,503 | 2,022,971 | 1,833,949 | |||||
════════════ |
════════ |
════════════ |
════════════ |
|||||
| 9. | Analysis of support costs | |||||||
| Analysis of | ||||||||
| support | costs | |||||||
| activity 1 | Total 2023 | Total | 2022 | |||||
| £ | £ | £ | ||||||
| Finance costs | 188 | 188 | 134 | |||||
| Support costs - Accountancy | 14,313 | 14,313 | 12,042 | |||||
──────── |
──────── |
──────── |
||||||
| 14,501 | 14,501 | 12,176 | ||||||
════════ |
════════ |
════════ |
||||||
| 10. | Net income | |||||||
| Net income is stated after charging/(crediting): | ||||||||
| 2023 | 2022 | |||||||
| (restated) | ||||||||
| £ | £ | |||||||
| Depreciation of tangible fixed assets | 32,917 | 37,801 | ||||||
| Operating lease rentals | – | 545 | ||||||
════════ |
════════ |
|||||||
| 11. | Auditors remuneration | |||||||
| 2023 | 2022 | |||||||
| (restated) | ||||||||
| £ | £ | |||||||
| Fees payable for the audit of the financial | statements | 4,000 | 4,000 | |||||
═══════ |
═══════ |
|||||||
| 12. | Staff costs |
The average head count of employees during the year was 72 (2022: 71). The average number of full-time equivalent employees during the year is analysed as follows:
| 2023 | 2022 | |
|---|---|---|
| No. | No. | |
| Number of staff | 72 | 71 |
════ |
════ |
No employee received employee benefits of more than £60,000 during the year (2022: Nil).
Key Management Personnel
- 27 -
Ethnic Youth Support Team
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
12. Staff costs (continued)
During the financial year, payments made to key personnel amount to £99,866 in total,(£130,872 in 2022).
13. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees
14. Tangible fixed assets
| Land and | Fixtures and | Fixtures and | Motor | ||||
|---|---|---|---|---|---|---|---|
| buildings | fittings | vehicles | Equipment | Total | |||
| £ | £ | £ | £ | £ | |||
| Cost | |||||||
| At 1 Apr 2022 (as | |||||||
| restated) | 480,000 | 21,519 | 13,000 | 133,592 | 648,111 | ||
| Additions | – | – | – | 34,416 | 34,416 | ||
───────── |
──────── |
──────── |
───────── |
───────── |
|||
| At 31 Mar 2023 | 480,000 | 21,519 | 13,000 | 168,008 | 682,527 | ||
═════════ |
════════ |
════════ |
═════════ |
═════════ |
|||
| Depreciation | |||||||
| At 1 Apr 2022 | 28,800 | 20,194 | 13,000 | 102,919 | 164,913 | ||
| Charge for the year | 9,600 | 661 | – | 22,656 | 32,917 | ||
───────── |
──────── |
──────── |
───────── |
───────── |
|||
| At 31 Mar 2023 | 38,400 | 20,855 | 13,000 | 125,575 | 197,830 | ||
═════════ |
════════ |
════════ |
═════════ |
═════════ |
|||
| Carrying amount | |||||||
| At 31 Mar 2023 | 441,600 | 664 | – | 42,433 | 484,697 | ||
═════════ |
════════ |
════════ |
═════════ |
═════════ |
|||
| At 31 Mar 2022 | 451,200 | 1,325 | – | 30,673 | 483,198 | ||
═════════ |
════════ |
════════ |
═════════ |
═════════ |
15. Debtors
| 2023 | 2022 | |
|---|---|---|
| (restated) | ||
| £ | £ | |
| Trade debtors | 46,539 | – |
| Other debtors | 233,851 | 323,006 |
| Other debtors | 4,467 | 4,467 |
───────── |
───────── |
|
| 284,857 | 327,473 | |
═════════ |
═════════ |
|
| Creditors: amounts falling due within one year | ||
| 2023 | 2022 | |
| (restated) | ||
| £ | £ | |
| Trade creditors | 9,486 | – |
| Accruals and deferred income | 11,040 | 9,828 |
| Social security and other taxes | 26,496 | 16,286 |
| Other creditors | 4,107 | 2,775 |
──────── |
──────── |
|
| 51,129 | 28,889 | |
════════ |
════════ |
16. Creditors: amounts falling due within one year
- 28 -
Ethnic Youth Support Team
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
17. Creditors: amounts falling due after more than one year
| 2023 | 2022 | |
|---|---|---|
| (restated) | ||
| £ | £ | |
| Debenture loans | 217,819 | 223,742 |
| WCVA: Third Sector Resilience Fund Phase 2 Loan | 21,452 | 23,277 |
───────── |
───────── |
|
| 239,271 | 247,019 | |
═════════ |
═════════ |
18. Pensions and other post retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £15,684 (2022: £12,981).
19. Analysis of charitable funds
Unrestricted funds
| Unrestricted funds | ||||||||
|---|---|---|---|---|---|---|---|---|
| At | ||||||||
| At 1 Apr 2022 | Income | Expenditure | Transfers | 31 Mar 2023 | ||||
| £ | £ | £ | £ | £ | ||||
| General funds | 349,676 | 403,820 | (123,792) | 18,839 | 648,543 | |||
═════════ |
═════════ |
═════════ |
════════ |
═════════ |
||||
| At | ||||||||
| At 1 Apr 2021 | Income | Expenditure | Transfers | 31 Mar 2022 | ||||
| £ | £ | £ | £ | £ | ||||
| General funds | 270,096 | 212,710 | (107,505) | (25,626) | 349,675 | |||
═════════ |
═════════ |
═════════ |
════════ |
═════════ |
||||
| Restricted funds | ||||||||
| At | ||||||||
| At 1 Apr 2022 | Income | Expenditure | Transfers | 31 Mar 2023 | ||||
| £ | £ | £ | £ | £ | ||||
| Big Lottery | 68 | – | (68) | – | – | |||
| WCVA | 1,170 | 2,000 | (293) | (2,000) | 877 | |||
| CC Swansea - Various | 1,479 | 99,429 | (99,533) | (74) | 1,301 | |||
| Active Inclusion - BME | ||||||||
| Youth Invest | 2,674 | 41,092 | (42,349) | – | 1,417 | |||
| Henry Smith | 18,677 | 79,929 | (66,076) | – | 32,530 | |||
| CWVYS | – | 9,097 | (7,910) | (1,187) | – | |||
| Children's Society - | ||||||||
| Interpretation project | – | – | – | – | – | |||
| BBC CIN | 366 | – | (183) | – | 183 | |||
| BME Sports | – | – | – | – | – | |||
| Swansea Council | ||||||||
| Refugee Resettlement | ||||||||
| Scheme | 8,954 | 108,317 | (114,798) | – | 2,473 | |||
| SVPR Scheme Carms | 534 | 176,923 | (175,255) | – | 2,202 | |||
| SVPR Scheme Powys | 2,416 | 127,394 | (128,720) | – | 1,090 | |||
| Welsh Government - | ||||||||
| Equality | 2,880 | 99,727 | (102,740) | 1,962 | 1,829 |
- 29 -
Ethnic Youth Support Team
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
| 19. | Analysis of charitable funds | (continued) | ||||
|---|---|---|---|---|---|---|
| Lloyds Foundation | – | – | – | – | – | |
| Big Lottery - BME Skills | 127 | – | (127) | – | – | |
| Welsh Refugee Council | ||||||
| - Asylum Rights Project | 2,973 | 12,480 | (13,517) | (1,100) | 836 | |
| Citizens Advice Cymru - | ||||||
| EU Citizend Rights | ||||||
| Project | 323 | – | (161) | – | 162 | |
| Other small grants | – | 3,648 | (3,455) | – | 193 | |
| Welsh Government - | ||||||
| Don't Hate, Eduate | – | – | – | – | – | |
| Joseph Rowntree - RAW | 3,602 | 66,767 | (54,280) | (3,065) | 13,024 | |
| Cardiff Council | – | 4,000 | (4,000) | – | – | |
| Big Lottery - Awards For | ||||||
| All | 5,060 | – | (2,530) | – | 2,530 | |
| Welsh Government - | ||||||
| CFAP | 235,000 | – | (5,000) | – | 230,000 | |
| SRP Pembrokshire | ||||||
| County Council | 1,031 | 14,737 | (15,080) | – | 688 | |
| Welsh Government BME | ||||||
| CYP | 2,246 | 129,278 | (129,853) | – | 1,671 | |
| BAWSO Homework | ||||||
| Club Project | 326 | – | (163) | – | 163 | |
| Big Lottery - We Ae | ||||||
| Wales | – | – | – | – | – | |
| Crisis Homelessness | ||||||
| Project | 271 | 21,766 | (19,101) | – | 2,936 | |
| Joesph Rowntree - | ||||||
| Democracy Fund | 652 | – | (326) | – | 326 | |
| Vol Sector Emergency | ||||||
| Fund - BAME Helpline | 2,070 | – | (1,035) | – | 1,035 | |
| BBC Children In Need - | ||||||
| Inspiring Futures | 16,539 | 9,646 | (25,184) | 170 | 1,171 | |
| WCVA: Third Sector | ||||||
| Resilience Fund Phase | ||||||
| 2 | 5,904 | – | (6,082) | 1,605 | 1,427 | |
| WCVA Vol Sector | ||||||
| Emergency Fund - Crisis | ||||||
| Project | 225 | – | (75) | – | 150 | |
| HMPPS Probation | ||||||
| Research | 7,000 | – | – | (7,000) | – | |
| Newport County Council | ||||||
| - Advocacy Project | 5,023 | (768) | (3,973) | 19 | 301 | |
| CAF Resilience Grant | 158,016 | 56,639 | (212,703) | – | 1,952 |
- 30 -
Ethnic Youth Support Team
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
19. Analysis of charitable funds (continued)
| Swansea Asylum | |||||
|---|---|---|---|---|---|
| Seekers Support: Share | |||||
| Tawe | 25,000 | – | (16,086) | – | 8,914 |
| Wrexham Council | |||||
| Winter of Wellbeing & | |||||
| Youth Support | – | – | – | – | – |
| CC Swansea -Afghan | |||||
| Project Swansea | 3,114 | 25,513 | (27,514) | – | 1,113 |
| Lankelly Media Grant - | |||||
| Community Journalism | 19,070 | 22,000 | (17,874) | – | 23,196 |
| Equal Power Equal | |||||
| Voice: All Wales | |||||
| Mentoring Scheme | 6,413 | 20,821 | (20,822) | – | 6,412 |
| National Museum Nat | |||||
| Wales - Swansea Winter | |||||
| of Wellbeing | – | – | – | – | – |
| Big Lottery - BAME | |||||
| Helpline | 36,990 | 142,556 | (147,451) | – | 32,095 |
| Housing Justice - Share | |||||
| Tawe Project | 4,980 | 17,200 | (20,154) | – | 2,026 |
| Newport Council - Youth | |||||
| Support & Summer of | |||||
| Fun | 2,700 | – | – | (2,700) | – |
| Criminal Justice in | |||||
| Wales | 110 | – | – | (110) | – |
| AVOW- Youth-Led | |||||
| Grants Scheme | 50 | – | – | (50) | – |
| Mind: Time to Change | |||||
| Wales | – | 40,000 | (34,504) | – | 5,496 |
| CC Swansea - Home for | |||||
| Ukraine | – | 167,497 | (155,414) | – | 12,083 |
| Wrexham Council EDI | |||||
| Grant | – | 20,000 | (13,219) | – | 6,781 |
| Wrexham Council Safer | |||||
| Streets | – | 13,000 | (4,756) | – | 8,244 |
| Wrexham Council - | |||||
| Summer of Fun | – | 13,500 | (10,917) | (60) | 2,523 |
| Children In Need - | |||||
| Wrexham Cultures | |||||
| Youth Project | – | 29,044 | (27,927) | – | 1,117 |
| National Lottery - | |||||
| Sancturay Hub | – | 123,687 | (94,444) | – | 29,243 |
| Welsh Government - | |||||
| SVWYO | – | 45,418 | (43,648) | – | 1,770 |
| Oak Foundation | – | 107,364 | (18) | – | 107,346 |
| Haverfordwest Mosque | |||||
| Partnership | – | 20,000 | (13,396) | – | 6,604 |
| Monmouthshire Council | – | 10,000 | (5,585) | (1,600) | 2,815 |
- 31 -
Ethnic Youth Support Team
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
19. Analysis of charitable funds (continued)
| Swansea University - | ||||||
|---|---|---|---|---|---|---|
| Summer of Fun | – | 5,361 | (1,712) | (3,649) | – | |
| Platform - Power Up | ||||||
| Project | – | 3,012 | (2,531) | – | 481 | |
| Streetgames UK | – | 4,000 | (2,095) | – | 1,905 | |
| Race Council Cymru | – | 2,000 | (540) | – | 1,460 | |
| National Theatre Wales | – | 4,180 | – | – | 4,180 | |
| YPC- Young Person's | ||||||
| Committee Project | – | 10,874 | (4,002) | – | 6,872 | |
───────── |
──────────────────────── |
──────── |
───────── |
|||
| 584,033 | 1,909,128 | (1,899,179) (18,839) | 575,143 | |||
═════════ |
════════════════════════ |
════════ |
═════════ |
|||
| At | ||||||
| At 1 Apr 2021 | Income Expenditure Transfers |
31 Mar 2022 | ||||
| £ | £ | £ | £ | £ | ||
| Big Lottery | 2,795 | (2) | (2,726) | – | 67 | |
| WCVA | – | 20,000 | (17,440) | (1,391) | 1,169 | |
| CC Swansea - Various | 6,219 | 93,251 | (99,713) | 1,721 | 1,478 | |
| Active Inclusion - BME | ||||||
| Youth Invest | 2,427 | 161,412 | (161,446) | 282 | 2,675 | |
| Henry Smith | 17,969 | 57,800 | (57,336) | 244 | 18,677 | |
| CWVYS | – | – | – | – | – | |
| Children's Society - | ||||||
| Interpretation project | – | 22,766 | (23,943) | 1,177 | – | |
| BBC CIN | 17,813 | 10,805 | (28,131) | (121) | 366 | |
| BME Sports | 124 | – | (124) | – | – | |
| Swansea Council | ||||||
| Refugee Resettlement | ||||||
| Scheme | 5,268 | 140,798 | (137,112) | – | 8,954 | |
| SVPR Scheme Carms | 1,038 | 204,541 | (205,045) | – | 534 | |
| SVPR Scheme Powys | 2,552 | 100,170 | (100,306) | – | 2,416 | |
| Welsh Government - | ||||||
| Equality | 884 | 120,310 | (118,420) | 106 | 2,880 | |
| Lloyds Foundation | 192 | – | (192) | – | – | |
| Big Lottery - BME Skills | 354 | – | (227) | – | 127 | |
| Welsh Refugee Council | ||||||
| - Asylum Rights Project | 322 | 22,545 | (19,924) | 31 | 2,974 | |
| Citizens Advice Cymru - | ||||||
| EU Citizend Rights | ||||||
| Project | 5,540 | – | (5,217) | – | 323 | |
| Other small grants | 1,596 | – | (1,711) | 115 | – | |
| Welsh Government - | ||||||
| Don't Hate, Eduate | 3,691 | – | (2,270) | (1,421) | – | |
| Joseph Rowntree - RAW | 19,608 | 39,988 | (58,601) | 2,607 | 3,602 | |
| Cardiff Council | – | 8,355 | (8,355) | – | – | |
| Big Lottery - Awards For | ||||||
| All | 7,589 | – | (2,529) | – | 5,060 |
- 32 -
Ethnic Youth Support Team
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
19. Analysis of charitable funds (continued)
| Welsh Government - | |||||
|---|---|---|---|---|---|
| CFAP | 240,000 | – | (5,000) | – | 235,000 |
| SRP Pembrokshire | |||||
| County Council | – | 30,830 | (29,799) | – | 1,031 |
| Welsh Government BME | |||||
| CYP | 3,142 | 135,581 | (136,477) | – | 2,246 |
| BAWSO Homework | |||||
| Club Project | 9,906 | – | (9,641) | 61 | 326 |
| Big Lottery - We Ae | |||||
| Wales | 28,259 | – | (28,696) | 437 | – |
| Crisis Homelessness | |||||
| Project | 1,696 | – | (1,425) | – | 271 |
| Joesph Rowntree - | |||||
| Democracy Fund | 16,473 | (4,500) | (11,321) | – | 652 |
| Vol Sector Emergency | |||||
| Fund - BAME Helpline | 2,192 | – | (21,242) | 21,120 | 2,070 |
| BBC Children In Need - | |||||
| Inspiring Futures | 31,402 | 25,260 | (40,123) | – | 16,539 |
| WCVA: Third Sector | |||||
| Resilience Fund Phase | |||||
| 2 | 57,824 | – | (52,491) | 571 | 5,904 |
| WCVA Vol Sector | |||||
| Emergency Fund - Crisis | |||||
| Project | 63,761 | – | (63,536) | – | 225 |
| HMPPS Probation | |||||
| Research | – | 7,000 | – | – | 7,000 |
| Newport County Council | |||||
| - Advocacy Project | – | 9,657 | (4,634) | – | 5,023 |
| CAF Resilience Grant | – | 179,916 | (21,900) | – | 158,016 |
| Swansea Asylum | |||||
| Seekers Support: Share | |||||
| Tawe | – | 25,000 | – | – | 25,000 |
| Wrexham Council | |||||
| Winter of Wellbeing & | |||||
| Youth Support | – | 14,980 | (14,980) | – | – |
| CC Swansea -Afghan | |||||
| Project Swansea | – | 30,099 | (26,985) | – | 3,114 |
| Lankelly Media Grant - | |||||
| Community Journalism | – | 26,970 | (7,900) | – | 19,070 |
| Equal Power Equal | |||||
| Voice: All Wales | |||||
| Mentoring Scheme | – | 17,004 | (10,591) | – | 6,413 |
| National Museum Nat | |||||
| Wales - Swansea Winter | |||||
| of Wellbeing | – | 3,287 | (3,287) | – | – |
- 33 -
Ethnic Youth Support Team
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
19. Analysis of charitable funds (continued)
| Big Lottery - BAME | |||||||
|---|---|---|---|---|---|---|---|
| Helpline | – | 122,292 | (85,302) | – | 36,990 | ||
| Housing Justice - Share | |||||||
| Tawe Project | – | 28,260 | (23,280) | – | 4,980 | ||
| Newport Council - Youth | |||||||
| Support & Summer of | |||||||
| Fun | – | 23,840 | (21,226) | 86 | 2,700 | ||
| Criminal Justice in | |||||||
| Wales | – | 5,000 | (4,890) | – | 110 | ||
| AVOW- Youth-Led | |||||||
| Grants Scheme | – | 1,000 | (950) | – | 50 | ||
| Mind: Time to Change | |||||||
| Wales | – | 50,000 | (50,000) | – | – | ||
───────── |
──────────── |
──────────── |
──────── |
───────── |
|||
| 550,636 | 1,734,215 | (1,726,444) | 25,625 | 584,032 | |||
═════════ |
════════════ |
════════════ |
════════ |
═════════ |
- 34 -
Ethnic Youth Support Team
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
20. Analysis of net assets between funds
| Unrestricted Restricted Total |
Unrestricted Restricted Total |
Funds | |
|---|---|---|---|
| Funds | Funds | 2023 | |
| £ | £ | £ | |
| Tangible fixed assets | 215,776 | 268,921 | 484,697 |
| Current assets | 677,138 | 352,251 | 1,029,389 |
| Creditors less than 1 year | (5,100) | (46,029) | (51,129) |
| Creditors greater than 1 year | (239,271) | – | (239,271) |
───────── |
───────────────────── |
||
| Net assets | 648,543 | 575,143 | 1,223,686 |
═════════ |
═════════════════════ |
||
| Unrestricted Restricted Total Funds |
|||
| Funds | Funds | 2022 | |
| £ | £ | £ | |
| Tangible fixed assets | 1,859 | 265,139 | 266,998 |
| Current assets | 384,167 | 343,782 | 727,949 |
| Creditors less than 1 year | (4,000) | (24,887) | (28,887) |
| Creditors greater than 1 year | (23,277) | – | (23,277) |
───────── |
───────── |
───────── |
|
| Net assets | 358,749 | 584,034 | 942,783 |
═════════ |
═════════ |
═════════ |
21. Analysis of changes in net debt
| At | ||||
|---|---|---|---|---|
| At 1 Apr 2022 Cash flows 31 |
Mar | 2023 | ||
| £ | £ | £ | ||
| Cash at bank and in hand | 398,944 | 345,588 | 744,532 | |
| Debt due after one year | (223,742) | 5,923 | (217,819) | |
───────── |
───────── |
───────── |
||
| 175,202 | 351,511 | 526,713 | ||
═════════ |
═════════ |
═════════ |
- 35 -
Ethnic Youth Support Team
Company Limited by Guarantee
Management Information Year ended 31 March 2023
The following pages do not form part of the financial statements.
- 36 -
Ethnic Youth Support Team
Company Limited by Guarantee
Detailed Statement of Financial Activities
Year ended 31 March 2023
| 2023 | 2022 | 2022 | |
|---|---|---|---|
| £ | £ | ||
| Income and endowments | |||
| Donations and legacies | |||
| Donations | 17,519 | 9,509 | |
| Wales & West Housing donation | 10,000 | – | |
| Grant Income | 1,989,213 | 1,809,064 | |
| Joseph Rowntree | 11,436 | – | |
| Esmee Fairbairn | 84,500 | – | |
| Other grants - unrestricted | 2,576 | 3,082 | |
| Other grants - restricted | 3,648 | – | |
──────────── |
──────────── |
||
| 2,118,892 | 1,821,655 | ||
──────────── |
──────────── |
||
| Charitable activities | |||
| Research and fee income | 76,053 | – | |
| Training and workshop income | 26,128 | 17,254 | |
| Other Income | 9,601 | 33,352 | |
| Welsh Government Secondment | 71,889 | 51,297 | |
| BAVO Secondment | 10,385 | 23,367 | |
───────── |
───────── |
||
| 194,056 | 125,270 | ||
───────── |
───────── |
||
──────────── |
──────────── |
||
| Total income | 2,312,948 | 1,946,925 | |
════════════ |
════════════ |
- 37 -
Ethnic Youth Support Team
Company Limited by Guarantee
Detailed Statement of Financial Activities (continued)
Year ended 31 March 2023
| Year ended 31 March 2023 | |||
|---|---|---|---|
| 2023 | 2022 | ||
| £ | £ | ||
| Expenditure | |||
| Expenditure on charitable activities | |||
| Wages and salaries | 1,499,116 | 1,306,456 | |
| Pension costs | 15,684 | 12,981 | |
| Operating leases | – | 545 | |
| Rent | 7,946 | (10,258) | |
| Rates and water | 3,214 | 2,123 | |
| Light and heat | 13,622 | 8,201 | |
| Repairs and maintenance | 15,935 | 10,020 | |
| Insurance | 9,923 | 5,418 | |
| Other motor/travel costs | 10,930 | 5,595 | |
| Legal and professional fees | 84,984 | 40,554 | |
| Telephone | 34,125 | 29,718 | |
| Other office costs | 24,584 | 16,990 | |
| Depreciation | 32,917 | 37,801 | |
| Interest on bank loans and overdrafts | 15,652 | 36,523 | |
| Other interest payable and similar charges | 190 | 152 | |
| Direct charitable activity 1 - other | 6,218 | 6,112 | |
| Direct charitable activity 1 - sundry expenses | 873 | 6,813 | |
| Direct charitable activity 1 - donations & sponsorship | 1,220 | 720 | |
| Direct charitable activity 1 - training & tuition fees | 10,251 | 17,236 | |
| Direct charitable activity 1 - visits & events | 81,514 | 60,654 | |
| Direct charitable activity 1 - refreshments | 773 | 214 | |
| Direct charitable activity 1 - film production | 1,000 | 4,044 | |
| Direct charitable activity 1 - beneficiary payments | 17,191 | 88,768 | |
| Direct charitable activity 1 - SVPR scheme expenditure | 24,580 | 36,485 | |
| Direct charitable activity 1 - translation & interpretation costs | 6,338 | 13,992 | |
| Website costs | 3,949 | 362 | |
| External providers | 45,725 | 47,753 | |
| Staff Expenses | 26,942 | 19,479 | |
| Afghan project costs | 6,115 | 27,498 | |
| Ukraine resettlement costs | 21,460 | 1,000 | |
──────────── |
──────────── |
||
| 2,022,971 | 1,833,949 | ||
──────────── |
──────────── |
||
──────────── |
──────────── |
||
| Total expenditure | 2,022,971 | 1,833,949 | |
════════════ |
════════════ |
||
──────────── |
──────────── |
||
| Net income | 289,977 | 112,976 | |
════════════ |
════════════ |
- 38 -
Ethnic Youth Support Team
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Activities
Year ended 31 March 2023
2023 2022 £ £
| Expenditure on charitable activities | |||
|---|---|---|---|
| Activity type 1 | |||
| Activities undertaken directly | |||
| Direct charitable activity 1 - wages/salaries | 1,499,116 | 1,306,456 | |
| Direct charitable activity 1 - pension costs | 15,684 | 12,981 | |
| Direct charitable activity 1 - operating leases | – | 545 | |
| Direct charitable activity 1 - rent | 7,946 | (10,258) | |
| Direct charitable activity 1 - rates & water | 3,214 | 2,123 | |
| Direct charitable activity 1 - light & heat | 13,622 | 8,201 | |
| Direct charitable activity 1 - repairs & maintenance | 15,935 | 10,020 | |
| Direct charitable activity 1 - insurance | 9,923 | 5,418 | |
| Direct charitable activity 1 - other motor/travel costs | 10,930 | 5,595 | |
| Direct charitable activity 1 - legal and professional fees | 70,671 | 28,512 | |
| Direct charitable activity 1 - telephone & IT costs | 34,125 | 29,718 | |
| Direct charitable activity 1 - other office costs | 24,584 | 16,990 | |
| Direct charitable activity 1 - depreciation | 32,917 | 37,801 | |
| Direct charitable activity 1 - interest on bank loans and overdrafts | 15,652 | 36,523 | |
| Direct charitable activity 1 - other | 6,218 | 6,112 | |
| Direct charitable activity 1 - sundry expenses | 873 | 6,813 | |
| Direct charitable activity 1 - donations & sponsorship | 1,220 | 720 | |
| Direct charitable activity 1 - training & tuition fees | 10,251 | 17,236 | |
| Direct charitable activity 1 - visits & events | 81,514 | 60,654 | |
| Direct charitable activity 1 - refreshments | 773 | 214 | |
| Direct charitable activity 1 - film production | 1,000 | 4,044 | |
| Direct charitable activity 1 - beneficiary payments | 17,191 | 88,768 | |
| Direct charitable activity 1 - SVPR scheme expenditure | 24,580 | 36,485 | |
| Direct charitable activity 1 - translation & interpretation costs | 6,338 | 13,992 | |
| Website costs | 3,949 | 362 | |
| External providers | 45,725 | 47,753 | |
| Staff Expenses | 26,942 | 19,479 | |
| Afghan project costs | 6,115 | 27,498 | |
| Ukraine resettlement costs | 21,460 | 1,000 | |
──────────── |
──────────── |
||
| 2,008,468 | 1,821,755 | ||
──────────── |
──────────── |
||
| Governance costs | |||
| Governance costs - accountancy fees | 9,213 | 8,042 | |
| Governance costs - audit fees | 5,100 | 4,000 | |
| Governance costs - other finance costs | 190 | 152 | |
──────── |
──────── |
||
| 14,503 | 12,194 | ||
──────── |
──────── |
||
──────────── |
──────────── |
||
| Expenditure on charitable activities | 2,022,971 | 1,833,949 | |
════════════ |
════════════ |
- 39 -