2022-12-20-accounts - Youth Aid Council

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

		Pages
Trustees' Annual Report		2to6
Independent Examiner's	Report
Statement of Financial Activities
Balance Sheet
Statement ofCash flows		16
Notes tothe Accounts		10to 15
Detailed Statement ofFinancial Activities		17to 18

for the year ended 20 Decem	ber 2022
		Unrestricted
		funds	Total funds	Total funds
		2022	2022	2021
	Notes	E	E	f
Income and endowments
from:
Donations and legacies		56,792	56,792	49,331
Total		56,792	56,792	49,331
Expenditure on:
Raising funds		5,650	5,650	4,720
Charitable activities		32,140	32,140	37,588
Other		17,566	17,566	13,420
Total		55,356	55,356	55,728
Net gains on investments
Net income/(expenditure)		1,436	1,436	(6,397)
Transfers between funds
Net income/(expenditure) before other gains/(losses)		1,436	1,436	(6,397)
Other gains and losses
Net movement in funds		1,436	1,436	(6,397)
Reconciliation offunds;
Total funds brought forward		(4,929)	(4,929)	1,468
Total funds carried forward		(3,493)	(3,493)	(4,929)

YOUTH AID COUNCIL Balance Sheet at 20 December 2022	YOUTH AID COUNCIL Balance Sheet at 20 December 2022
Charity No. 1154347				2022	2021
				f	f
Current assets
Stocks				2,580
Cash at bank and	in	hand		3,238	6,071
				5,818	6,071
Net current assets				5,818	6,071
Total assets less current		liabilities		5,818	6,071
Creditors: Amounts	falling due after more than one year			(9,311)	(11,000)
Net liabilities excluding		pension asset or liability		(3,493)	(4,929)
Total net liabilities				(3,493)	(4,929)
The funds ofthe charity
Restricted funds			10
Unrestricted funds			10
General funds				(3,493)	(4,929)
				(3,493)	(4,929)
Reserves			10
Total funds				(3,493)	(4,929)

s to the Acc	s to the Acc	ounts
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 atthe 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 to the strategic management	ofthe Charity, together		with a share		of
			other administration costs.
Other expenditure			These are support costs not allocated to a particular activity.

						Incoming
						resources		At 20
						(including	Resources	December
					At 21	other	expended	2022
					December	gains/losses
					2021	)
						f
	Restricted funds:
	Unrestricted	funds:
	General funds				(4,929)	56,792	(55,356)	(3,493)
	Total funds				(4,929)	56,792	(55,356)	(3,493)
11	Analysis ofnet assets between			funds
							Unrestricted
								Total
							funds
							f	f
	Net current assets						5,818	5,818
	Creditors due provisions		in more than one	year and			(9,311)	(9,311)
							(3,493)	(3,493)
12	Reconciliation		of net debt
						At 21		At 20
						December		December
						2021	Cash flows	2022
						f	6	f
	Cash and cash		equivalents			6,071	(2,833)	3,238
						6,071	(2,833)	3,238
	Bank loans					(11,000)	1,689	(9,311)
						(11,000)	1,689	(9,311)
	Net debt					(4,929)	(1,144)	(6,073)

			2022	2021
			6	6
Cash flows from operating	activities
Net income/(expenditure)	per Statement	of Financial Activities	1,436	(6,397)
Adjustments for:
increase in stocks			(2,580)
Decrease in trade and other payables				(2,777)
Net cash used in operating	activities		(1,144)	(9,174)
Net cash from investing activities
Cash flows from financing	activities
Repayment ofborrowings			(1,689j
Net cash used in financing	activities		(1,689)
Net decrease in cash and cash equivalents			(2,833)	(9,174)
Cash and cash equivalents	at the beginning	ofthe year	6,071	15,245
Cash and cash equivalents	at the end ofthe year		3,238	6,071
Components ofcash and cash equivalents
Cash and bank balances			3,238	6,071
			3,238	6,071

for the year ende	d 2	0	Dec	ember 2022
					Unrestricted
					funds	Total funds	Total funds
					2022	2022	2021
					f		6
Income and endowments				from:
Donations and legacies
Fundraising and	donations				41,551	41,551	35,551
Gift Aids					9,496	9,496	8,435
Members and Trustees Contribution					2,245	2,245	1,245
Grant					3,500	3,500	4,100
					56,792	56,792	49,331
Total income and	endowments				56,792	56,792	49,331
Expenditure on:
Costs ofother trading		activities
					5,650	5,650	4,720
					5,650	5,650	4,720
Total ofexpenditure funds		on	raising		5,650	5,650	4,720
Charitable activities
					32,140	32,140	37,588
					32,140	32,140	37,588
Total of expenditure activities		on	charitable		32,140	32,140	37,588
Other expenditure
Food Bank					1,150	1,150
					1,150	1,150
Employee costs
Salaries/wages					5,750	5,750	4,608
					5,750	5,750	4,608
Motor and trave	I costs
Fares					1,850	1,850	1,250
					1,850	1,850	1,250
Premises costs
Rent					6,162	6,162	4,928
					6,162	6,162	4,928
General administrative			costs,
including depreciation			and
amortisation
Postage and couriers					650	650
Software, ITsupport costs		and		related	1,070	1,070	1,150
Sundry expenses							550

YOUTH AID COUNCIL Detailed Statement ofFinancial Activities	YOUTH AID COUNCIL Detailed Statement ofFinancial Activities
Telephone, fax and broadband		384	384	384
		2,104	2,104	2,084
Legal and professional	costs
Accountancy and bookkeeping		550	550	550
		550	550	550
Total ofexpenditure of	other costs	17,566	17,566	13,420
Total expenditure		55,356	55,356	55,728
Net gains on investments
Net income/(expenditure)		1,436	1,436	(6,397)
Net income/(expenditure) other gains/(losses)	before	1,436	1,436	(6,397)
Other Gains
Net movement in funds		1,436	1,436	(6,397)
Reconciliation offunds,
Total funds brought forward		(4,929)	(4,929)	1,468
Total funds carded forward		(3,493)	(3,493)	(4,929)