|||Pages| |---|---|---| |Trustees'
Annual
Report||2to 6| |Independent
Examiner's|Report|| |Statement of Financial Activities||| |Balance Sheet||| |Statement ofCash flows||10| |Notes to the Accounts||11to 16| |Detailed Statement of Financial Activities||17to| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |for the year ended 20 Decem|ber 2020|||| |---|---|---|---|---| |||Unrestricte||| |||d funds|Total funds|Total funds| |||2020|2020|2019| ||Notes|f||E| |Income and endowments||||| |from:||||| |Donations
and legacies||47,967|47,967|57,722| |Total||47,967|47,967|57,722| |Expenditure
on:||||| |Raising funds||4,550|4,550|7,412| |Charitable
activities||39,825|39,825|29,452| |Other||15,312|15,312|16,728| |Total||59,687|59,687|53,592| |Net gains on investments||||| |Net (expenditure)/income||(11,720)|(11,720)|4,130| |Transfers
between
funds||||| |Net (expenditure)/income
before other gains/(losses)||(11,720)|(11,720)|4,130| |Other gains and losses||||| |Net movement
in funds||(11,720)|(11,720)|4,130| |Reconciliation
offunds:||||| |Total funds brought
forward||13,188|13,188|9,058| |Total funds carried forward||1,468|1,468|13,188| ## ## |YOUTH AID COUNCIL
Balance Sheet
at 20 December 2020|YOUTH AID COUNCIL
Balance Sheet
at 20 December 2020|YOUTH AID COUNCIL
Balance Sheet
at 20 December 2020|||| |---|---|---|---|---|---| |Charity No. 1154347||||2020|2019| |||||8|E| |Current assets|||||| |Stocks|||||8,033| |Cash at bank and||in hand||15,245|5,155| |||||15,245|13,188| |Creditors: Amount|falling due within one year||9|(2,777)|| |Net current assets||||12,468|13,188| |Total assets less current liabilities||||12,468|13,188| |Creditors: Amounts||falling due after more than one year|10|(11,000)|| |Net assets excluding||pension asset or liability||1,468|13,188| |Total net assets||||1,468|13,188| |The funds ofthe charity|||||| |Restricted funds|||||| |Unrestricted
funds|||||| |General funds||||1,468|13,188| |||||1,468|13,188| |Reserves|||||| |Total funds||||1,468|13,188| |Approved
by the trustees on 20 December 2020|||||| |And signed on their||behalf by:@|||| |B.Degbedji|||||| |Trustee|||||| |20 December 2020|||||| ## ||2020|2019| |---|---|---| ||f|f| |Cash flows from operating
activities||| |Net (expenditure)/income
per Statement ofFinancial Activities|(11,720)|4,130| |Adjustments
for:||| |Decrease/(Increase)
in stocks|8,033|(8,033)| |Increase in trade and other payables|2.777|| |Net cash used in operating
activities|(910)|(3,903)| |Net cash from investing
activities||| |Cash flows from financing
activities||| |Repayment
of borrowings|11,000|| |Net cash from financing
activities|11,000|| |Net increase/(decrease)
in cash and cash equivalents|10,090|(3,903)| |Cash and cash equivalents
atthe beginning
ofthe year|5,155|9,058| |Cash and cash equivalents
atthe end ofthe year|15,245|5,155| |Components
ofcash and cash equivalents||| |Cash and bank balances|15,245|5,155| ||15,245|5,155| ## |Fund accounting|Fund accounting|Fund accounting||||||||| |---|---|---|---|---|---|---|---|---|---|---| |Unrestricted||funds|These are available for use at the discretion ofthe trustees|||in furtherance|||ofthe|| ||||general objects ofthe charity.|||||||| |Designated||funds|These are unrestricted
funds earmarked
by the trustees|for particular|||purposes.|||| |Revaluation||funds|These are unrestricted
funds which include
a revaluation||reserve representing|||||the| ||||restatement
ofinvestment
assets at their market values.|||||||| |Restricted|funds||These are available for use subject to restrictions
imposed|||by the donor||or|through|| ||||terms ofan appeal.|||||||| |Income||||||||||| |Recognition||of|Income is included
in the Statement of Financial Activities|||(SoFA) when||the|charity|| |income|||becomes entitled to, and virtually
certain to receive, the|income and the amount of||||||| ||||the income can be measured
with sufficient
reliability.|||||||| |Income with||related|Where income has related expenditure
the income and|related expenditure|||||is|| |expenditure|||reported
gross in the SoFA.|||||||| |Donations|and||Voluntary
income received
by way ofgrants, donations
and gifts is included||||||in|the| |legacies|||the SoFA when receivable
and
only when the Charity has||unconditional|||||| ||||entitlement
tothe income.|||||||| |Tax reclaims||on|Income from tax reclaims
is included
in the SoFA at the same time as the|||||||| |donations|and gifts||gift/donation
to which
it relates.|||||||| |Donated services|||These are only included
in income (with an equivalent
amount
in expenditure)|||||||| |and facilities|||where the benefit to the Charity is reasonably
quantifiable,|||measurable||and||| ||||material.|||||||| |Volunteer|help||The value of any volunteer
help received
is not included|in||the accounts.||||| |Investment||income|This is included
in the accounts when receivable.|||||||| |Gains/(losses)
on|||This includes
any gain or loss resulting
from revaluing
investments
to market value|||||||| |revaluation||offixed|at the end ofthe year.|||||||| |assets||||||||||| |Gains/(losses)
on|||This includes
any gain or loss on the sale of investments.|||||||| |investment||assets||||||||| |Expenditure|Expenditure|||||||| |---|---|---|---|---|---|---|---|---| |Recognition||of|Expenditure
is recognised
on an accruals basis. Expenditure
includes||||any VAT|which| |expenditure|||cannot be fully recovered,
and is reported
as part ofthe expenditure||||to which|it| ||||relates.|||||| |Expenditure||on|These comprise the costs associated
with attracting|voluntary|income, fundraising|||| |raising funds|||trading costs and investment
management
costs.|||||| |Expenditure||on|These comprise the costs incurred
by the Charity
in the delivery ofits||||activities|and| |charitable|activities||services in the furtherance
ofits objects, including|the making|of|grants and||| ||||governance
costs.|||||| |Grants payable|||All grant expenditure
is accounted for on an actual|paid basis|plus|an|accrual for|| ||||grants that have been approved
by the trustees at the end of||the|year but not||yet| ||||paid.|||||| |Governance||costs|These include those costs associated with meeting|the constitutional|||and statutory|| ||||requirements
ofthe Charity,
including
any audit/independent||examination
fees,|||| ||||costs linked tothe strategic management
ofthe Charity, together|||with a share||of| ||||other administration
costs.|||||| |Other expenditure|||These are support costs not allocated to a particular|activity.||||| ## ## ## ## ## ## ## ## ## ## ## ## |2|Statement|ofF|inancial||Activities - prior year|||| |---|---|---|---|---|---|---|---|---| ||||||||Unrestricted|| ||||||||funds|Total funds| ||||||||2019|2019| |Income and endowments|||||from:|||| ||Donations|and|legacies||||57,722|57,722| |Total|||||||57,722|57,722| |Expenditure
on:||||||||| ||Raising funds||||||7,412|7,412| ||Charitable|activities|||||29,452|29,452| ||Other||||||16,728|16,728| |Total|||||||53,592|53,592| |Net|income||||||4,130|4,130| |Net income before
gains/(losses)|||other||||4,130|4,130| |Other gains and losses:||||||||| |Net|movement|in funds|||||4,130|4,130| |Reconciliation||offunds:||||||| |Total funds brought|||forward||||9,058|9,058| |Total funds carried|||forward||||13,188|13,188| |3|Income from donations||||and legacies|||| |||||||Unrestricted|Total|Total| ||||||||2020|2019| |||||||f||| ||Fundraising|and|donations|||32,151|32,151|38,718| ||Gift Aids|||||9,681|9,681|9,875| ||Members
and Trustees
Contribution|||||1,135|1,135|9,129| ||Covid 19Government|||Grant||5,000|5,000|| |||||||47,967|47,967|57,722| |4|Expenditure
on||raising||funds|||| |||||||Unrestricted|Total|Total| ||||||||2020|2019| ||Fundraising|trading costs||||||| |||||||4,550|4,550|7,412| |||||||4,550|4,550|7,412| ## ## |||||||||Unrestricted|Total|Total| |---|---|---|---|---|---|---|---|---|---|---| ||||||||||2020|2019| ||Expenditure||on||charitable|||||| ||activities|||||||||| |||||||||39,825|39,825|29,452| ||Governance||costs|||||||| |||||||||39,825|39,825|29,452| |6|Other expenditure|||||||||| |||||||||Unrestricted|Total|Total| ||||||||||2020|2019| ||Employee|costs||||||6,500|6,500|9,172| ||Motor and travel costs|||||||750|750|| ||Premises|costs||||||4,928|4,928|4,550| ||General administrative|||||costs||2,584|2,584|2,256| ||Legal and|professional||||costs||550|550|750| |||||||||15,312|15,312|16,728| |7|Staff costs|||||||||| ||Salaries and||wages|||||6,500||7,115| |||||||||6,500||7,115| ||No employee|||received||emoluments|in excess off60,000.|||| |8|Stocks|||||||||| |||||||||2020||2019| |||||||||||f| ||Raw materials|||and consumables||||||8,033| |||||||||||8,033| ||Carrying
value|||analysed||by activities||2020||2019| |||||||||||f| |||||||||||8,033| |||||||||||8,033| |9|Creditors:|||||||||| ||amounts|falling|||due within one year|||||| |||||||||2020||2019| |||||||||f||f| ||Loans from trustees|||||||2,777||| |||||||||2,777||| ## ||amounts|falling due after more|falling due after more|falling due after more|falling due after more|than one year||||| |---|---|---|---|---|---|---|---|---|---|---| |||||||||2020||2019| ||Bank loans||and overdrafts|||||11,000||| |||||||||11,000||| |11|Movement||in||funds|||||| |||||||||Incoming||| |||||||||resources||| |||||||||||At 20| ||||||||At21|(including
other|Resources
expended|December
2020| ||||||||December|gains/losses||| ||||||||2019|)||| |||||||||6||| ||Restricted funds:|||||||||| ||Unrestricted|||funds:||||||| ||General funds||||||13,188|47,967|(59,687)|1,468| ||Revaluation|||Reserves:||||||| ||Total funds||||||13,188|47,967|(59,687)|1,468| |12|Analysis|of|net assets between|||funds||||| |||||||||Unrestricted|Restricted|| |||||||||||Total| |||||||||funds|funds|| ||||||||||f|| ||Net current||assets|||||15,245|(2,777)|12,468| ||Creditors
provisions|due||in more than one||year and||(11,000)||(11,000)| |||||||||4,245|(2,777)|1,468| |13|Reconciliation||||ofnet debt|||||| ||||||||At 21||New|At 20| ||||||||December||HP/Finance|December| ||||||||2019|Cash flows|leases|2020| ||||||||f|f|f|6| ||Cash and|cash|||equivalents||5,155|10,090||15,245| ||||||||5,155|10,090||15,245| ||Bank loans|||||||(11,000)||(11,000)| |||||||||(11,000)||(11,000)| ||Net debt||||||5,155|(910)||4,245| ## ## |for the year ended 2|0|Dec|ember 2020|||| |---|---|---|---|---|---|---| |||||Unrestricted||| |||||funds|Total funds|Total funds| |||||2020|2020|2019| |||||f|f|f| |Income and endowments|||from:|||| |Donations
and legacies||||||| |Fundraising
and donations||||32,151|32,151|38,718| |Gift Aids||||9,681|9,681|9,875| |Members
and Trustees
Contribution||||1,135|1,135|9,129| |Covid 19Government||Grant||5,000|5,000|| |||||47,967|47,967|57,722| |Total income and endowments||||47,967|47,967|57,722| |Expenditure
on:||||||| |Costs ofother trading|activities|||||| |||||4,550|4,550|7,412| |||||4,550|4,550|7,412| |Total ofexpenditure
funds|on|raising||4,550|4,550|7,412| |Charitable
activities||||||| |||||39,825|39,825|29,452| |||||39,825|39,825|29,452| |Total ofexpenditure
activities|on|charitable||39,825|39,825|29,452| |Employee costs||||||| |Salaries/wages||||6,500|6,500|7,115| |Staff training||||||2,057| |||||6,500|6,500|9,172| |Motor and travel costs||||||| |Fares||||750|750|| |||||750|750|| |Premises costs||||||| |Rent||||4,928|4,928|4,550| |||||4,928|4,928|4,550| |General administrative||costs,||||| |including
depreciation||and||||| |amortisation||||||| |Software,
ITsupport
cos'ts|and||related|1,350|1,350|1,506| |Sundry expenses||||850|850|250| |Telephone,
fax and|broadband|||384|384|500| |||||2,584|2,584|2,256| |Legal and professional||costs||||| ## ## |Detailed Statement ofFinancial Activit|Detailed Statement ofFinancial Activit|ies|||| |---|---|---|---|---|---| |Accountancy
and bookkeeping|||550|550|550| |Consultancy
fees|||||200| ||||550|550|750| |Total ofexpenditure
ofother costs|||15,312|15,312|16,728| |Total expenditure|||59,687|59,687|53,592| |Net gains on investments|||||| |Net (expenditure)/income|||(11,720)|(11,720)|4,130| |Net (expenditure)/income
other gains/(losses)|before||(11,720)|(11,720)|4,130| |Other Gains|||||| |Net movement
in funds|||(11,720)|(11,720)|4,130| |Reconciliation
offunds:|||||| |Total funds brought
forward||13,188||13,188|9,058| |Total funds carried forward||1,468||1,468|13,188|