2023-03-31-accounts - Young Womens Project

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			Page
Trustees' annual report (incorporating the director's	report)
Independent examiner's report to the trustees
Statement offinancial activities (including income and expenditure		account)
Statement offinancial position			10
Notes to the financial statements
The following pages do not form part ofthe financial statements
Detailed statement oftinancial activities			21

young women.
~ Responding to consultations and engaging with research to demonstrate the real			needs				of young
women and action taken to meet these needs
~ Communicating information on the needs of young women and our work to support						them			and
drawing out key lessons for policymakers and other service providers.
Impact - Policy and strategy impacting young women will be developed based on a real				understanding
oftheir needs and framed to achieve positive outcomes. This will be evidenced through:
~ Policy statements and strategic plans taking real account ofthe needs ofyoung women;
~ YWOP and its work being acknowledged in the development of policy	and strategy;
Strategic Objective 3: Building and maintaining strong networks and	partnerships		to		support					the
delivery ofour work. We will achieve this by:
~ Participation in relevant activities, events, groups and partnerships
~ Actively engaging in projects and actions to support young women	at a national,				regional				and
local level.
~ Working alongside partners to deliver key areas ofsupport.
~ Learning from others to improve our services for young women.
Impact - YWOP is recognised by political, statutory, charitable and	voluntary	organisations								as
significant in supporting young women. This will be evidenced through:
~ The number and range of activities and events with which YWOP is engaged.
~ YWOP is represented in key groups and networks.
~ YWOP is a partner for projects and actions at a local, regional and national level.
~ Learning from others is embedded into YWOP practice.
Strategic Objective 4: Maintaining Financial Sustainability. We will achieve	this by:
~ Constantly monitoring the cost-effectiveness ofthe organisation and	its work;
~ Agreeing on an annual funding strategy alongside the annual budget	considerations;
Agreeing and maintaining free reserve levels.
~ Focusing fundraising on longer-term, more stable income streams and ensuring							sufficient
resources;
~ Strengthening fundraising capacity by increasing fundraising and financial skills				within			the		staff
team;
~ Developing and maintaining key strategic relationships (particularly with funders)						required				to
support the work ofthe organisation
Impact - The charity will continue to deliver its work without interruption. This will be evidenced								by:
~ Bookkeeping will be accurate and up-to-date
~ Annual fundraising targets will be met
~ Annual budgets {income and expenditure) and fundraising plans will	be approved		and			monitored
~ Cash flow will be monitored
Reserve targets will be achieved and maintained
~ Annual accounts will be examined
Strategic Objective 5:Maintaining Organisational Resilience. We will achieve this by:
~ Ensuring our governance and management structures and practices	demonstrate			best		practices;
~ Maintaining a Board oftrustees that will bring a range of skills, experience and		knowledge						to		our
work and planning;
~ Ensuring the management team has the skills and expertise to deliver the strategic				plan;
~ Agreeing and maintaining a robust framework of policies and procedures that			will		underpin					our
governance, management and service delivery practice;
~ Continually developing our staff team by strengthening support and development			opportunities;
~ Marketing and promoting YWOP to Increase the profile and reach of our organisation;
Developing and maintaining smarter and manageable processes	to measure				progress					and
outcomes;

Young	Women's Outreach Pro	Women's Outreach Pro	Women's Outreach Pro	Women's Outreach Pro	Women's Outreach Pro	ject	ject	ject	ject
Trustees'	Annual Report (Incorporating the					Director's Report) (continueay
Year ended		31 March		2023
Reference	and administrative				details
Registered		charity	name		Young Women's		Outreach		Project
Charity registration			number		1159197
Company	registration			number	08993432
Principal office and			registered		12Gladstone Terrace
office					Gateshead
					NE8 4DY
The trustees
					I Buchroth				(Resigned 3July 2023)
					J Gordon
					P C Moray	(Treasurer)
					P Nichols				{Resigned 10September 2023)
					C Vaughan	(Chair)
					C Worton-Scott
Independent		examiner			Jane Ascroft FCA			MA (Cantab)
					Enterprise	House
					Harmire Enterprise			Park
					Bamard Castle
					County Durham
					DL12 8XP

					2023		2022
				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
			Note	E
Income and endowments
Donations and legacies				12,705	331,568	344,273	234,409
Charitable activities				35,260	25,990	61,250	26,686
Total income				47,965	357,558	405,523	261,095
Expenditure
Expenditure on charitable		activities	7,8	31,407	301,932	333,339	264,781
Total expenditure				31,407	301,932	333,339	264,781
Net income/(expenditure)				16,558	55,626	72,184	(3,686)
Transfers between	funds			407	(407)
Net movement in	funds			16,965	55,219	72,184	(3,686)
Reconciliation of	funds
Total funds brought	forward			148,S08	11S,1S8	268,106	271,792
Total funds carried forward				165,873	174,417	340,290	268,106

				2023	2022
			Note		F
Current assets
Debtors			13	42,262	7,564
Cash at bank and in	hand			307,646	266,665
				349,908	274,229
Creditors: amounts	falling	due within one year		9,618	6,123
Net current assets				340,290	268,106
Total assets less current		liabilities		340,290	268,106
Net assets				340,290	268,106
Funds ofthe charity
Restricted funds				174,417	119,198
Unrestricted funds				165,873	148,908
Total charity funds			16	340,290	268,106

						Unrestricted	Restricted	Total Funds
						Funds	Funds	2023
						P
Donations
Donations						12,705	4,000	16,705
Grants
The National		Lottery		Community	Fund		52,397	52,397
The National Girls		Lottery		Community	Fund - Women &		28,286	28,286
Ballinger Charitable Trust Lloyds Bank Foundation							15,000 52,250	15,000 52,250
Paul Hamyln BBCChildren		Foundation In Need					25,000 7,699	25,000 7,699
Lankelly Chase							52,130	52,130
James Thornton			DAF				12,500	12,500
Community	Foundation						1,278	1,278
SirJames Knott			Trust				10,000	10,000
Kavli							29,931	29,931
Groundwork		UK	Tesco				10,000	10,000
NHS CCG							10,000	10,000
LGA Foundation							6,500	6,500
Other smaller		grants					14,597	14,597
						12,705	331,568	344,273
						Unrestricted	Restricted	Total Funds
						Funds	Funds	2022 f
Donations
Donations						2,?16	5,400	8,116

5.	Donations and legacies (continved)	Donations and legacies (continved)	Donations and legacies (continved)
				Unrestricted	Restricted	Total Funds
				Funds	Funds	2022
				F
	Grants
	The National Lottery	Community	Fund		66,553	66,553
	The National Lottery	Community	Fund - Women 8
	Girls				19,061	19,061
	Ballinger Charitable	Trust			15,000	15,000
	Bemicia Foundation				9,578	9,578
	BBCChildren In Need				33,215	33,215
	Pilgrim Trust				10,001	10,001
	Lankelly Chase				23,667	23,667
	Community Foundation				9,600	9,600
	Garfield Weston				20,000	20,000
	SirJames Knott Trust				10,000	10,000
	Gladstone House				4,618	4,618
	LGA Foundation				5,000	5,000
				2,716	231,693	234,409
5.	Charitable activities
				Unrestricted	Restricted	Total Funds
				Funds	Funds	2023
				E
	School charges			22,073	8,490	30,563
	Room hire			13,187		13,187
	NEYDL recharges				17,500	17,500
	Other income
				35,260	25,990	61,250
				Unrestricted	Restricted	Total Funds
				Funds	Funds	2022
					F
	School charges			12,302		12,302
	Room hire			11,508		11,508
	NEYDL recharges			816	126	942
	Other income			1,934		1,934
				26,560	126	26,686

7.	Expenditure	on charitable	on charitable	activities	activities	by fund	by fund	type
									Unrestricted			Restricted	Total Funds
										Funds		Funds		2023
	Costs of charitable activities (see				page	22)				31,407		301,932		333,339
									Unrestricted			Restricted	Total Funds
										Funds		Funds		2022
	Costs of charitable activities (see				page	22)				16,584		248,197		264,781
8.	Expenditure	on charitable activities				by activity type
										Activities
									undertaken		Total funds		Total fund
										directly		2023		2022
	Costs of charitable activities (see				page	22)				333,339		333,339		264,781
9.	Independent	examination		fees
												2023		2022
	Fees payable	to the independent			examiner for:
	Independent	examination		ofthe financial			statements					600
10.	Staff costs
	The total staff costs and employee				benefits for			the reporting		period are analysed as			follows:
												2023		2022
														F
	Wages and salaries											243,568		211,299
	Social security costs											13,567		10,077
	Employer contributions		to	pension	plans							2,972		2,340
												260,107		223,716
	The average	head count of employees					during	the year	was 14 (2022:			15).The average		number
	offull-time equivalent		employees		during		the year is analysed as follows:
												2023		2022
												No.		No.
	Number ofstaff											8		8
	No employee	received	employee		benefits of more than				860,000 during			the year (2022: Nil).
11.	Trustee remuneration		and expenses

13.	represented the closu Debtors	re of small projects.
			2023	2022
				P
	Trade debtors		42,262	7,564
14.	Creditors: amounts	falling due within one year
			2023	2022
			F	E
	Accruals and deferred	income	1,200	600
	Social security and other taxes		4,576	3,617
	Lloyds Corporate Card		3,249	1,456
	Other creditors		593	450
			9,618	6,123

Analysis of c	haritable	funds
Unrestricted	funds
		At				At	31 March
		1 April 2022	Income	Expenditure	Transfers		2023
General funds		148,908	47,965	(31,407)	407		165,873
		At				At	31 March
		1 April 2021	Income	Expenditure	Transfers		2022
General funds		136,216	29,276	(16,584)			148,908

Restricted funds
	At			At 31 March
	1 April 2022	Income	Expenditure	Transfers	2023
		F	F	F	F
The National Lottery
Community Fund	17,985	52,397	(70,382)
Ballinger Charitable
Trust	4,251	15,000			19,251
BBCChildren In Need	14,861	7,699	(22,560)
Lloyds Bank Foundation	10,210	52,250	(29,041)		33,419
Lankelly Chase	15,810	52,130	(32,849)		35,091
NEAP Fitness	381			(381)
Neighbourly	26			(26)
Creche project	1,809	4,000	(2,409)		3,400
Arnold Clark		1,000	(534)		466
Bemicia Foundation	9,578		(7,079)		2,499
Community Foundation	5,525	1,278	(1,480)		5,323
Garfield Weston	20,000		{16,548)		3,452
Gladstone House	(14)	17,500	(20,870)		{3,384)
SirJames Knott Trust		10,000	{10,000)
LGA Foundation		6,500	(1,394)		5,106
The National Lottery
Community Fund-
Women 8 Girls	18,776	28,286	(45,463)		1,599
A8ECharitable Trust		2,000			2,000
James Thornton DAF		12,500			12,500
Kavli		29,931	(7,796)		22,135
NHS CCG		10,000	(1,217)		8,783
Northumbria Police		1,000	(100)		900
Paul Hamlyn Foundation		25,000	(22,916)		2,084
REND		8,490			8,490
Rosa		6,997	(2,498)		4,499
Tesco golden token		10,000	(6,796)		3,204
Connected Voice		3,600			3,600
	119,198	357,558	(301,932)	(407)	174,417
	At				At 31 March
	1 April 2021	Income	Expenditure	Transfers	2022
		F
The National Lottery
Community Fund	16,654	66,553	(65,222)		17,985
Ballinger Charitable
Trust		15,000	(10,749)		4,251
BBCChildren In Need	12,711	33,215	(31,065)		14,861
Pilgrim Trust	21,468	10,001	(31,469)
Women and Girls Fund	35,148		(35,148)

Analysis of charitable	(conrinueag
Lloyds Bank Foundation	33,421		(23,211)	10,210
Lankelly Chase	13,627	23,793	(21,610)	15,810
NEAP Fitness	3,247		(2,866)	381
Neighbourly		400	(374)	26
Creche project	(700)	4,000	(1,491)	1,809
Arnold Clark		1,000	(1,000)
Bemicia Foundation		9,578		9,578
Community Foundation		9,600	(4,075)	5,525
Garfield Weston		20,000		20,000
Gladstone House		4,618	(4,632)	(14)
SirJames Knott Trust		10,000	(10,000)
LGA Foundation		5,000	(5,000)
The National Lottery
Community Fund-
Women &Girls		19,061	(285)	18,776
	135,576	231,819	(248,197)	119,198

Analysis of net as	sets between funds
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2023
Current assets		175,491	174,417	349,908
Creditors less than	1 year	(9,618)		(9,618)
Net assets		165,873	174,417	340,290
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2022
Current assets		155,031	119,198	274,229
Creditors less than	1 year	(6,123)		(6,123)
Net assets		148,908	119,198	268,106

			2023	2022
			F
Income and endowments
Donations and legacies
Donations			16,705	8,116
The National Lottery	Community	Fund	52,397	66,553
The National Lottery	Community	Fund - Women 8 Girls	28,286	19,061
Ballinger Charitable	Trust		15,000	15,000
Bemicia Foundation				9,578
Lloyds Bank Foundation			52,250
Paul Hamyln Foundation			25,000
BBCChildren ln Need			7,699	33,215
Pilgrim Trust				10,Q01
Lankelly Chase			52,130	23,667
James Thornton DAF			12,500
Community Foundation			1,278	9,600
Garfield Weston				20,00Q
SirJames Knott Trust			10,000	10,000
Kavli			29,931
Groundwork UK Tesco			10,000
NHS CCG			10,000
Gladstone House				4,618
LGA Foundation			6,500	5,000
Other smaller grants			14,597
			344,273	234,409
Charitable activities
School charges			30,563	12,302
Room hire			13,187	11,508
NEYDL recharges			17,500	942
Other income				1,934
			61,250	26,686
Total income			405,523	261,095

		2023	2022
			K
Expenditure
Staff costs		243,568	211,299
Employer's NIC		13,567	10,077
Pension costs		2,972	2,340
Rent 8 Utilities		23,220	5,996
Insurance		1,492
Other premises costs		3,114	3,823
Travel		11,743	4,324
Legal and professional	fees	2,227	1,438
Project costs		6,630	7,146
Office costs		1,249	2,831
Educational and office equipment		16,099	9,409
Hospitality		6,373	4,743
Training and residentials		327	477
Other costs		758	878
Total expenditure		333,339	264,781
Net income/(expenditure)		72,184	(3,686)