**Charity Registration No. 1159365**
\
## **BRADFORD NIGHTSTOP**
**TRUSTEES’ REPORT AND UNAUDITED ACCOUNTS**
**FOR THE YEAR ENDED 31 MARCH 2022**
**BRADFORD NIGHTSTOP**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
|**Trustees**|Darren Starkey (Chair)|
|---|---|
||Mollie Somerville (Secretary)|
||Michael Craven (Treasurer)|
||Kath Pugh|
||Rukhsana Anjam|
||Anne Mackay|
||Asma Ali|
||Mary Narayn-Lee|
|**Charity number**|1159365|
|**Company number**|CE003329|
|**Principal address**|Culture Fusion|
||125 Thornton Road|
||Bradford|
||West Yorkshire|
||BD1 2EP|
|**Independent examiner**|Kevin J Meddings MAAT|
||Kevin Meddings Accountancy Services|
||55 Crowther Avenue|
||Calverley|
||Leeds|
||West Yorkshire|
||LS28 5SA|
|**Bankers**|Unity Trust Bank plc|
||Nine Brindleyplace|
||Birmingham|
||West Midlands|
||B1 2HB|
||CCLA Investment Management Ltd|
||COIF Charity Funds|
||Senator House|
||85 Queen Victoria Street|
||London|
||EC4V 4ET|
**BRADFORD NIGHTSTOP**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees report|1 – 4|
|Independent examiner’s report|5|
|Statement of financial activities|6|
|Balance sheet|7|
|Statement of cashflows|8|
|Notes to the accounts|9 – 14|
1.
**BRADFORD NIGHTSTOP TRUSTEES’ REPORT** _**FOR THE YEAR ENDED 31 MARCH 2022**_
The Trustees present their report and accounts for the year ended 31 March 2022.
The accounts have been prepared in accordance with accounting policies set out in note 1 to the accounts and comply with the charity’s constitution, Charities Act 2011 and Accounting and Reporting by Charities; 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 published on 16 July 2014.
## **Structure, governance and management**
The Charitable Incorporated Organisation was registered on 26 November 2014 and all the assets and liabilities of the former unincorporated charity of the same name (charity number 1025863) were transferred into this Association.
The trustees who served during the year were: Darren Starkey (Chair) Mollie Somerville (Secretary) Michael Craven (Treasurer) Kath Pugh Rukhsana Anjam Stephen Haggas (resigned 2 August 2021) Min Aung (resigned 24 May 2021) Anita Beadnell (resigned 4 July 2022) Anne Mackay Kate Taylor (resigned 10 June 2021) Asma Ali (appointed 3 December 2021) Naveed Cheema (appointed 3 December 2021 and resigned 26 September 2022) Mary Narayn-Lee (appointed 3 December 2021)
All trustees are unpaid and inducted into their roles and responsibilities and come with a wealth of experience and skills including:-
- Experience of working in the public sector including the NHS, customer service and interviewing skills.
- Experience of working with refugees and of social media campaigns.
- TEFL (Teaching English as a second language) qualification.
- Mentoring young people (as part of realising opportunities – to mentor students from low-income families to pursue higher education).
- Experienced and well qualifies Counsellor including MSc Counselling and Psychotherapy and BA in Counselling and Supervision, Diploma in Counselling and Psychotherapy. BACP Membership (British Association of Counsellors and Psychotherapists).
- Experience of working in multidisciplinary teams to achieve shared goals.
- Skilled in interpretation of datasets to inform continuous quality improvement.
- Experience of living in and working with different cultures.
- Many years of safeguarding experience as a service manager within a Local Authority, with responsibility for child protection and assessment.
- Creative and interpersonal expertise including as an illustrator and a professional counsellor
- • Tax, accountancy, and client management (for over 30 years) with current responsibility for controlling £2.1bn and a team specialising in charity investment management for around 100 charities.
- 25 years’ experience of contract management, finance, projects, programmes, grant funding, audit, project appraisal, procurement. This experience has been acquired in a variety of settings, including the University of Bradford, Newlands SRB and Bradford Council.
- Involvement as volunteer hosts, risk assessment volunteers and out of hours support volunteers so ae very aware of the day-to-day operations.
- Teaching/tutoring in local secondary schools and colleges.
- Experienced and skilled in the employment of project staff and training plans.
- Undergraduate Degrees, Finance, PGCEs (teaching). Institute of Leadership and Management, professional qualifications such as Prince 2 and MSP.
The trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks.
2.
## **BRADFORD NIGHTSTOP**
## **TRUSTEES’ REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_
## **Objectives and activities**
We provide emergency accommodation for homeless young people aged 16 to 25 in the homes of trained volunteers on a ‘one night at a time basis’.
We raise awareness of youth homelessness with the general public, young people and decision- makers to bring about change. This includes delivering preventative homelessness education to young people in a variety of settings.
In setting our objectives and planning our activities our trustees have given serious consideration to the Charity Commission’s general guidelines and in particular the advancement of education, health, and the relief of those in need by reason of homelessness.
## **DELIVERY OF SERVICES TO PREVENT YOUTH HOMELESSNESS**
- Opening our new Bradford Nightstop Shelter and reopening our home hosting, with Covid measures in place in August 2021. The former has ensuite single bedrooms for homeless young people and volunteers and operates with the same model as our home hosting.
- Recruiting, training, and supporting volunteers including a new Instagram campaign and a volunteer stall at the Peace and Crafts Fair.
- Referral agency outreach: a challenge has been the lack of face-to-face referrals at ‘Housing Options’ who before Covid were our main referral agency.
- Pre-Covid we were the busiest Nightstop scheme in the UK out of over thirty schemes (in terms of young people helped). When we reopened, after pausing for over a year due to Covid, it was very quiet, but then referrals started to increase.
- Successfully applying for funding to pilot Mediation work and a staff member was trained as an accredited mediator through UK Mediation training. This work has since paused, and the funder kindly agreed that we could use the rest of this funding for different work priorities in 2022/23.
- Restarting our educational and young people’s involvement work.
- Supporting the development of the Bradford Vibe Youth Hub in collaboration with Bradford College, the Department for work and Pensions and other organisations working with young people..
## **DEVELOPING OUR ORGANIATION**
- Our Board continued to meet monthly, and the Out of Hours Support Team has ensured that volunteers are offered 24-hour support. The Equality Diversity and Inclusion group started to develop a new training resource, using video clips and related questions, for volunteers and staff.
- • Bradford College Level 2 Course (equivalent to GCSE level) in Equality and Diversity completed by staff team.
- To help replace two staff moving on we recruited a new Project Support Worker and a KickStart employee who have helped us move our day-to-day operations online,
## **BRADFORD NIGHTSTOP VOLUNTEERS**
As at 31 March 2002 we had 38 different volunteers. From 1 April 2021 to 31 March 2022, 42 volunteers volunteered for Bradford Nightstop and 15 of these undertook more than one role. We recruited and trained 9 new volunteers in the financial year and trained up several existing volunteers into new roles.
3.
## **BRADFORD NIGHTSTOP**
## **TRUSTEES’ REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_
## **Financial Review**
For the twelve-month period to 31 March 2022 a loss was seen. Incoming resources were £101,242 which compared to resources expended in delivering our service of £118,106.
Income from grants and voluntary income was a little higher than the previous year but the governments’ furlough scheme wound down and funds received were £5,679 compared to £45,196. Overall expenditure was lower reflecting a lower salary and rent costs although training around the new Mediation Project offset some of the lower costs.
We described the 202/21 year as ‘a year like no other’. 2021/22, whilst not quite as dramatic, was a long way from normal with the scheme still on hold for a part of the year before re-opening to strangely quiet conditions. Rebuilding the future income flows has been difficult as we need to demonstrate the need for our services post covid lockdowns and a quiet reopening although, sadly, we can see clearly how much we are needed with high usage now. We are exploring how to increase our income so that we can continue our current service and hopefully develop further.
## **FUTURE PLANS FOR BRADFORD NIGHTSTOP IN THE NEXT YEAR (2022/23)**
- Deliver emergency accommodation in the homes of trained volunteers and at the Shelter. We plan to respond to young people’s feedback, recruit, train and support volunteers and undertake referral agency outreach.
- The Depaul National inspection is due in the autumn.
- Working in partnership with Bradford college and the 16-25 project to pilot a new drop-in for homeless young people to help them move on.
- Work with Inn Churches and others to better coordinate and collaborate services across the homelessness sector.
- As we approach our 30[th] year consider the needs and views of homeless young people. Fundraise and apply for additional funding so that we can make a difference for years to come.
4.
## **BRADFORD NIGHTSTOP**
## **TRUSTEES’ REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_
## **Statement of Trustees’ Responsibilities**
The Trustees are responsible for preparing the Trustees’ Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the Trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these accounts the Trustees are required to:
- Select suitable accounting policies and then apply them consistently;
- Observe the methods and principles in the Charities SORP 2015 (FRS 102);
- Make judgements and estimates that are reasonable and prudent;
- State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts;
- Prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the accounts comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and constitution. 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.
The Trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website. Legislation in the United Kingdom governing the preparation and dissemination of accounts may differ from legislation in other jurisdictions.
On behalf of the board of trustees
............................................
Dated:
5.
## **BRADFORD NIGHTSTOP**
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF BRADFORD NIGHTSTOP**
I report on the accounts of the charity for the year ended 31 March 2022, which are set out on pages 6 to 14.
## **Respective responsibilities of Trustees and examiner**
The charity’s Trustees are responsible for the preparation of the accounts. The charity’s Trustees consider that an audit is not required for this period under section 144(2) of the Charities Act 2011 (the Act) and that an independent examination is needed.
It is my responsibility to:
- (i) examine the accounts under section 145 of the 2011 Act;
- (ii) to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- (iii) to state whether particular matters have come to my attention.
## **Basis of independent examiner’s report**
My examination was carried out in accordance 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 concerning any such matters. The procedures undertaken do not provide all the evidence 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 examiner’s statement**
In connection with my examination, no matter has come to my attention:
- (a) which gives me reasonable cause to believe that in any material respect the requirements:
- (i) to keep accounting records in accordance with section 130 of the 2011 Act; and
- (ii) to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act;
- have not been met; or
- (b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## **Kevin J Meddings MAAT**
Kevin Meddings Accountancy Services 55 Crowther Avenue Calverley Leeds West Yorkshire LS28 5SA
Dated:
**6** .
## **BRADFORD NIGHTSTOP**
## **STATEMENT OF FINANCIAL ACTIVITIES** _**FOR THE YEAR ENDED 31 MARCH 2022**_
|**Unrestricted Designated**
**Restricted**
**funds**
**funds**
**funds**
**Notes**
**£**
**£**
**£**
**Income**
Voluntary income
**2**
24,566
-
-
Investment income
23
-
-
Incoming resources from
Charitable activities
**3**
-
-
70,974
Job retention scheme
5,679
-
-
**Total income**
30,268
-
70,974
**Expenditure**
Charitable activities
**4**
46,142
-
71,964.
**Total expenditure**
46,142
-
71,964
**Net (expenditure)/income/**
**Net movement in funds**
(15,874)
-
(990)
**Total funds brought forward**
84,981
50,000
32,990
**Total funds carried forward**
69,107
50,000
32,000
|**Total**
**Total**
**2022**
**2021**
**£**
**£**
24,566
22,850
23
55
70,974
63,032
5,679
45,196
101,242
131,133
118,106
121,198
118,106
121,198
(16,864)
9,935
167,971
158,036
151,107
167,971|
|---|---|
7.
## **BRADFORD NIGHTSTOP**
## **BALANCE SHEET** _**AS AT 31 MARCH 2022**_
|**Unrestricted Designated Restricted**
**funds**
**funds**
**funds**
**Notes**
**£**
**£**
**£**
**Current assets**
Debtors and prepayments
**7**
4,736
-
9,774
Cash at bank and in hand
86,990
50,000
22,226
91,726
50,000
32,000
**Creditors: amounts falling due**
**within one year**
**8**
(22,619)
-
-
**Net current assets**
69,107
50,000
32,000
**The funds of the charity**
Unrestricted funds
69,107
-
-
Designated funds
**10**
-
50,000
-
Restricted funds
**9**
-
-
32,000
**Total charity funds**
69,107
50,000
32,000
|**Total**
**funds**
**2022**
**£**
14,510
159,216
173,726
(22,619)
151,107
69,107
50,000
32,000
151,107|**Total**
**funds**
**2021**
**£**
32,477
140,582
173,059
(5,088)
167,971
84,981
50,000
32,990
167,971|
|---|---|---|
The accounts were approved by the Trustees on
…………………………..
Trustee
8.
## **BRADFORD NIGHTSTOP**
## **STATEMENT OF CASHFLOWS** _**AS AT 31 MARCH 2022**_
|**Notes**
**Cash generated from operating activities**
**11**
**Cashflows from investing activities**
Bank interest received
Increase in cash equivalents in the year
Cash equivalents at the beginning of the year
**Total cash equivalents at the end of the year**|**2022**
**£**
18,611
23
18,634
140,582
159,216
|**2021**
**£**
9,568
55
9,623
130,959
140,582
|
|---|---|---|
9.
## **BRADFORD NIGHTSTOP**
## **NOTES TO THE ACCOUNTS** _**FOR THE YEAR ENDED 31 MARCH 2022**_
## **1 Accounting policies**
## **1.1 Basis of preparation**
The accounts are prepared under the historical cost convention.
The accounts have been prepared in accordance with Accounting and Reporting by Charities: 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) issued on 16 July 2014, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice as it applies from 1 January 2015.
Bradford Nightstop meets the definition of a public benefit entity under FRS 102.
Having considered future planned activities and the reserves available to the charity, the trustees are satisfied that the financial statements should be prepared on the going concern basis.
## **1.2 Incoming resources**
Donations and legacies are accounted for when they are received by the charity. Other income is accounted for on an accruals basis as far as is prudent to do so.
Core funding revenue grants are credited to the income and expenditure account at the time when received. Revenue grants for specific projects are credited to the income and expenditure account when received and unspent amounts at the year end are carried forward as restricted funds in the balance sheet. Where income is received in advance of the next financial year this may be deferred in accordance with the terms of the funding agreements.
## **1.3 Tangible fixed assets and depreciation**
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:-
Office Equipment
3 Years Straight Line
## **1.4 Accumulated funds**
Restricted funds are subject to specific conditions by donors as to how they may be used.
Designated funds comprise funds which have been set aside at the discretion of the trustees for specific purposes.
## **1.5 Resources expended**
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be recovered and is reported as part of the expenditure to which it relates.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for beneficiaries. These include governance costs which are those costs associated with meeting the constitutional and statutory requirement of the charity.
All costs are allocated between the categories on the Statement of Financial Activities (SOFA) on a basis designed to reflect the use of the resource.
## **1.6 Pension costs**
The charity pays contributions into the National Employment Savings Trust (NEST) which is a defined contribution work place scheme.
10.
## **BRADFORD NIGHTSTOP**
## **NOTES TO THE ACCOUNTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_
|**2**
**Voluntary income**
Donations and gifts
Grants receivable for core activities
Nighstopper beds (Kirklees Council)
Student placement fees
**D**onations and gifts
Charles and Elsie Sykes Trust
Anita Hoy
Broadway Bradford
Dixons City Academy
One Team
Holy Trinity Church Bingley
Sundry
Grants receivable for core activities
Bradford Metropolitan District Council
Shipley College (First Give)
TK Maxx and Homesense Foundation|**2022**
**£**
21,059
3,000
507
-
24,566
3,000
1,948
1,280
702
-
-
14,129
21,059
1,500
1,000
500
3,000
|**2021**
**£**
22,850
-
-
-
22,850
-
-
3,500
-
500
500
18,350
22,850
-
-
-
-|
|---|---|---|
11.
## **BRADFORD NIGHTSTOP**
## **NOTES TO THE ACCOUNTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_
## **3 Incoming resources from charitable activities**
|Bradford Metropolitan District Council
Ark
The Harry & Mary Foundation
Bradford Metropolitan District Council – KickStart Funding
The Big Lottery (Reaching West Yorkshire)|**2022**
**£**
35,333
500
34,200
941
-
70,974|**2021**
**£**
35,334
1,000
-
-
26,698|
|---|---|---|
|||63,032|
## **4 Charitable activities**
|Wages and national insurance
Pension costs
Bank charges
Rent and services
Repairs and renewals
Postage and stationery
Travel and subsistence
Travel – Nightstoppers
Young persons safewaiting
IT Equipment
Training and conferences
Volunteers expenses
Insurance
Subscriptions
Telephone
Publicity and events
Education
Independent examination fee
Payroll charges
DBS checks
Equipment lease
Sundries|**2022**
**2021**
**£**
**£**
82,902
88,837
3,244
3,417
126
264
7,091
9,331
237
-
39
64
607
148
375
182
99
44
2,099
1,624
9,772
2,647
883
77
3,837
3,750
570
928
764
2,537
877
1,267
150
800
1,764
1,944
1,062
1,524
65
132
1,417
1,417
126
264
118,106
121,198
|**2021**
**£**
88,837
3,417
264
9,331
-
64
148
182
44
1,624
2,647
77
3,750
928
2,537
1,267
800
1,944
1,524
132
1,417
264|
|---|---|---|
## **5 Trustees**
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. There were no related party transactions in the year that required disclosure (2021: none).
12.
## **BRADFORD NIGHTSTOP**
## **NOTES TO THE ACCOUNTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_
## **6 Number of employees**
The average monthly number of employees during the year was:-
||**2022**|**2021**|
|---|---|---|
||**Number**|**Number**|
|Employees|4|5|
|**Employment costs**|||
||**2022**|**2021**|
||£|**£**|
|Wages and salaries|80,835|86,895|
|Social security costs|2,067|1,942|
|Pension costs|3,244|3,417|
||86,146|92,254|
There were no employees whose annual emoluments were £60,000 or more.
Social security costs are after the deduction of the governments Employment Allowance of £4,000 (2021: £4,000).
## **7 Debtors and prepayments**
|Grants and other fees receivable
Other debtors
Prepayments
**8**
**Creditors: amounts falling due within one year**
Deferred income
Other creditors
Creditors and accruals|**2022**
**£**
10,281
-
4,229
14,510
**2022**
**£**
10,000
8,972
3,647
22,619|**2021**
**£**
9,333
19,026
4,118
32,477
**2021**
**£**
-
-
5,088
5,088|
|---|---|---|
13.
## **BRADFORD NIGHTSTOP**
## **NOTES TO THE ACCOUNTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_
## **9 Restricted funds**
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:-
|||**Movement in funds**|**Movement in funds**||
|---|---|---|---|---|
||**Balance at**|**Incoming**|**Resources**|**Balance at**|
||**1 April 2021**|**resources**|**expended 31 March 2022**||
||**£**|**£**|**£**|**£**|
|Bradford Metropolitan District Council|-|35,333|(35,333)|-|
|The Big Lottery (Reaching West|||||
|Yorkshire)|30,400|-|(18,403)|11,997|
|De Paul Nightstop UK|2,090|-|(50)|2,040|
|Ark|500|500|-|1,000|
|The Harry & Mary Foundation|-|34,200|(17,237)|16,963|
|Bradford Metropolitan District Council –|||||
|KickStart Funding|-|941|(941)
|-|
||32,990|70,974|(71,964)
|32,000|
## **Bradford Metropolitan District Council**
This grant was originally towards the salary costs of our Project Development Worker and related costs to help develop our emergency accommodation service in Bradford District and our homelessness preventative education. When we paused for Covid the council agreed we could alter the use of the grant to fund ongoing financial commitments relating to the scheme. This then helped us sustain our organisation and reopen.
## **The Big Lottery (Reaching West Yorkshire)**
This lottery funding supports the budget for our Reaching West Yorkshire programme which also is funded through fundraising and other grants. It also includes a specific budget to help us develop our capacity as an organisation
The Reaching West Yorkshire programme includes developing our capacity to provide young people with emergency ‘Nightstop’ accommodation in Kirklees, Calderdale and Bradford Local Authorities. This involves recruiting, training, and supporting volunteers and building new partnerships. Reaching West Yorkshire is also about young people being involved in our development, delivering new education work across parts of West Yorkshire and streamlining our services through the greater use of IT. When we were not able to operate and develop these services properly due to the pandemic the Big Lottery agreed to pause our grant. The grant became active again from December 2021. The capacity building element of the funding has been moved into the 2022/23 financial year.
## **De Paul Nightstop UK**
There are two microgrants. The first is to develop safe places for young people to be whilst they are waiting for their emergency accommodation and the second is for mobile phones to improve communication between hosts and young people. Most of this funding has been moved into the 2022/23 financial year.
14.
## **BRADFORD NIGHTSTOP**
## **NOTES TO THE ACCOUNTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_
## **Ark**
This is a local community shop run by the Girlington, Manningham and Heaton Council of Churches. The profits from this community enterprise enable Ark to facilitate a grant making programme. Two grants are carried forward into 2022/23, one is for an educational film on youth homelessness and the other is to develop our food provision at the new Shelter.
## **The Harry & Mary Foundation**
This was for a Mediation project. This has been spent on accredited mediation training for a staff member and volunteers so that we could offer an accredited service. The volunteer training was postponed at short notice due to sickness and trainees deciding not to go ahead. UK Mediation have allowed us to use this booking (which is non-returnable) for future training in this area. The Harry & Mary Foundation agreed that as this work had paused that we could use the funding in 2022/23 for other priorities to make a difference to homeless young people.
## **Bradford Metropolitan District Council – KickStart Funding**
Funding to enable us to employ a new member of staff through the national Government initiative for unemployed young people.
## **10. Designated funds**
This contingency reserve was originally set up to cover accommodation and staffing costs should the Organisation suffer a temporary shortfall in funding. The balance on this fund at the year end is £50,000.
## **11. Reconciliation of net movement in funds to net cashflow from operating activities:**
|Net movement in funds
Less bank interest received
(Decrease) in debtors
Increase/(decrease) in creditors
Cash generated from operating activities|**2022**
**£**
(16,864)
(23)
17,967
17,531
18,611|**2021**
**£**
9,935
(55)
11,614
(11,926)
9,568|
|---|---|---|