Bardsley Youth Project Registered Charity number: 1152836 Financial statements for the year ended 30th September 2024 Page Contents Chairperson's and Trustees Report Independent Examinerfs Report Statement of Financial Activities (Incorporating the Income and Expenditure account) Balance Sheet 8-10 Notes to the Accounts
Bardsley Youth Project Trustees Report for the year ended 30th September 2024 The trustees submit their annual report and the financtal ststements for the period ended 30th September 2024. Full name Bardsley Youth Project Trustees Eric Bremner (Chair) Rev Steven Medley Rev Dexter Bracey Geoff Wilcox (Resigned 14 November 2023) Janet Powell Julia Lepoidevin Registered Charity Number 1152836 Prlncipal Office Bardsley House Hill Top Coventry CV15EP Bankers CAF Bank Limited 25 Kings Hill Avenue West Mailing Kent, ME19 4JQ Independent Examiner Richard Buder 58 Kingfisher Close Warwick CV34 SGD Governance and management The charity is a Charitable Incorporated Organisation. It is operated under the rules of its th memorandum and articles of association dated 10 July 2013.
Bardsley Youth Project Chairfs report for the year ended 30th September 2024 Bardsley's work has evolved over 20 years now, we have been a Registered Charity over the last eleven of these years. The focus of our charity is homelessness and the prevention of homelessness in the 18 -25 age group. Demand for Our Services - The number of interactions with young people has remained steady, but a substantial increase in individual young people helped up 48 % to 193, with 133 who were new to us, up 108 % . Total interactions were 2390. Many of these young people did not receive help from any other source. Our Staff- We thank all of our staff, Simon, Kim, Becky and Rachel for a year of dedicated, full and very caring Servi to our young people, and as always Pat our Administrator and Fund Raiser for a highly successful year. Thank you to Reaching Communities for your grants toward salaries funding over 5 years giving our staff a security of tenure going forward. Our Fundin Bodies I would like to thank all our funding bodies - Reaching Communities, Lloyds Foundation of England and Wales, Comic Relief {via Groundworks), JD Sports Foundation, Enterprise Foundation and Coventry Building Society as well as individual and corporate donors for the financial support that made our activities possible. Our Bi Dream - Our dream of a fit for purpose facility to service the needs of young people remains with us. but the funds to do it at this point of time don't. We dream on. Our Trustees - Thanks to our dedicated Team, Steve, Dexter, Jan and Julia for devoting so much of your busy lives to helping our homeless young people so caringly and well. We are actively looking for additional Trustees to complement our existing skills and share the load. ort - I thank all who supported our charity in many ways including our voluntary workers and Coventry Cathedral who give us the free use and maintenance of our base at Bardsley House. Thank you too to Warwick Events who have supported us and our staff in so many ways. We look forward to serving the young people who need us for many years to come. Eric Bremner, Chair of Trustees February 2025.
Trustees Report Recruitment and Appointment of Trustees The Constitution requires that Ihe number of Trustees shall not be less than 3. At the end of September 2024 there were 5 Trustees. Organisational Structure The Trustees form a committee including the following officers: Chair, Secretsry and Treasurer. It meets bimonthly. The committee has overall responsibility for strategic planning. policy fomiulation, approval and monitoring of programmes and services. finance, risk management, staff and volunteers, and premises. Staff and volunteers Bardsley Youth Project has staff and volunteers. The charity's policy on reserves The charity will aim to keep between three and six months, core running costs in reserves at all times. This is to ensure the Charity is able to meet all of its legal obligations should all funding be withdrawn. Exemptions The trustees have taken advantsge of the exemptions available to small companies, including the audit exemption (see statement on balance sheet). Responsibilities of the trustees Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the stste of affairs of the charity at the end of the year and of the surplus or deficiency for the year then ended. In preparing those financial statements, the trustees are required to select suitable accounting policies, as described on page 8, and then apply them on a consistent basis, making judgements and estimates that are prudent and reasonable. The members of the Committee must also prepare the financial statements on the going conrn basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records that 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. The trustees are also responsible for safeguarding the assets of the charity and hen for taking reasonable steps for the prevention and detection of fraud or other irregularities. Small company provisions: This report has been prepared in accordan with the special provisions for small companies under Part 15 of the Companies Act 2006. Signed on behalf of the charivs trustees: Signed Date
Independent Examinerfs Report to the Trustees of Bardsley Youth Project Year ended 30th September 2024 I report on the accounts of the charity, which are set out on pages 6 to 10. Respectlve responsibilities of trustees and examiner The trustees are responsible for the preparat'on of the accounts. The trustees consider that an audit is not required for this period under section 145(1) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: examine the accounts under section 145 of the 2011 Act: follow the prOdureS laid down in the general directions given by the Charity Commissioners under section 145{5)(b) of the 2011 Act: and state whether particular matters have come to my attention. Basis of independent examinerfs report My examination was carried out in accordan with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts. and seeking explanations from you as trustees conMIng any such matters. The procedures undertaken do not provide all the eviden that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the statement below. Independent examinerfs ststement In connection with my examination, no matter has come to my attention: which gives me asOnable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 130 of the 2011 Act. and to prepare financial statements which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or 2. to which. in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed Date 1015 Richard Butler (Institute of Chartered Accountants in England and Wales)
Bardsley Youth Project Statement of Financial Activities (Incorporating the Income and Expenditure account) For the year ended 30th September 2024 2024 Total 2023 Total Note Unrestricted Restricted Incoming Resources Grants and DonatÈons Other Income 36,631 589 95,056 131.687 589 123,855 TOTAL Incoming Resources 37.220 95,056 132276 124698 Resources Expended Activtties Discretionary (young people support) General Expenses Equipment, repairs & renewals Office Costs ProfessK)nal Fees Volunteer Expenses Staffing Costs inc Pensions Staffing Support Costs Training Travel TOTAL Resources Expended 1.295 4,954 209 1,155 2,287 3,396 191 13,004 5,553 2,456 53 2,135 8,838 209 1,155 6,602 3.396 191 105,723 5,553 2,762 3,558 5,425 222 428 4,880 938 98 92,016 5,223 2,722 3,884 4,315 92,719 306 103 217 137 770 116679 Net Income (expenditure) Totals funds blforward Totals funds clforward 2,667 (8,161) (5,494) 8,019 65,054 All the acttvities of the charity are classed as continuing.
Bardsley Youth Project Balance Sheet as at 30th September 2024 Notes 2024 2023 Current assets Cash at bank and in hand 68,041 73,535 Net assets 68,041 The Funds of the charity Restricted Fund Unrestricted Fund 2,987 65,054 11,148 62.387 Total Funds Exemption from audit For the year ending 30th September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities." The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476," The directors acknOedge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies gIMe and with the Financial Reporting Standard for Smaller Entities (effective April 2008). The trustees declare that they have approved the accounts above. Signed on behalf of the charity's trustees: Signed Dated
Bardsley Youth Project Notes to the Accounts For the year ended 30th September 2024 1. Accounting policies The financial statements have been prepared in accordance with the Accounting and Reporting by Charith'es: Statement of Recommended Practice applicable to charities preparing their accounts in accordan with FRS 102 (Charities SORP (FRS102)) and the Charities Act 2011. The financial statements have been prepad under the historical cost convention. The financial statements indude all transactions, assets and liabilities for which the charity is responsible in law. Funds Unrestricted funds represent the funds of the Charity that are not subject to any restrictions regarding their use and are available for application of the general purposes of the Charity. Restricted funds are used solely for the purposes for which they were given. The funds of the Charity have been appropriately analysed and the statement of financial activities has been prepared in accordance with this analysis. 2. Grants & donations 2024 2024 Unr•strictsd Restricted funds funds 2024 Total 2023 Total funds funds Other Donors Reaching Communities(Nat Lottery) Lbyds Foundation Neeld Trust Coventy Building Society Comic Relief (via Groundworks) JD Sports Foundation Enterprise FoundatK)n 7.131 7,131 94.078 25,000 7,709 84,071 27,250 757 1,000 3,911 94,078 25,000 978 978 2,500 2,000 2,500 2,000 36,631 95,056 131,687 124,698
Bardsley Youth Project Notes to the Accounts For the year ended 30th September 2024 3. Movements in funds Incoming resources (tgOIng Resources) 2024 2023 Unrestricted funds General Purposes 37,220 37.220 34,553) (34.553 65,054 65.054 62,387 62,387 Restricted funds Uber Moving on Up Fund Reaching Communities (Nat Lottery) Eveson Trust Comic Relief (via Groundworks) (840) (98.187) 486 1,326 4,109 2.501 3,212 11,148 94,078 2,501 978 95,056 (4,190 (103,217) 2,987 Restricted Funds are to be used for specific purposes as laid down by the donor. Expenditure that meets these criteria is charged to the fund. The above restricted funds have been donated for the following specific purposes. Uber Moving on Up Fund Reaching Communities (Nat Lottery) Comic Relief (via Groundworks) Eveson Trust Car Restoration Project Staff, Schools Work, Offi. Stsff Expenses Hardship Needs of Young People & Training Photographic Exhibition
Bardsley Youth Project Notes to the Accounts For the year ended 30th September 2024 4. Trustees, remuneration benefit and expenses During this period, trustees received £Nil remuneration (2023: £Nil) 5. Staff costs and numbers Staff costs were as follows 2024 2023 Salaries 105,723 105,723 92,016 92,016 No employee reiVed emoluments of rn0 than £60,000. The average number of employees during the period was 4 (2023.4) 6. Independent examination and accountancy services During the period, the cost of the examination and accountancy ServIS was £Nil (2023: £Nil) 10