| Page | ||
|---|---|---|
| Trcstses report | ||
| Independent examiner's |
report | |
| Statement offiinsncisl | activities | 6-7 |
| Balance sheet | ||
| Notes to Ihe financial statements | 9-18 |
| t report to the Trustees on my examination of the financial statemenis ofThe Souster Youth Trust (the trust) for ihe year ended 30June 2021, |
|---|
| Responsibilities and basis ofreport |
| As the Trustees ofthe trust you sre responsible for the preparation ofthe financial statements In accordance with the requirements ofthe Charities Act 2011 (the 2011Act). |
| I report in respect of my examination ofthe trust's financial statements carried out under section 145of the 2011Act. In carrying out my examination I have followed all the applicable Directions given by ths Charity Commission under section 145(5)(b)ofthe 2011Act. |
| independent examiner's statement |
| Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Sisndard applicable in ths UK and Republic of ireland (FRS 102) in preference to the Accounting snd Reporting by Chsritistc Statsmeni of Recommended practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. |
| I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting practice effective for reporting periods beginning on or after 1 January 2015. |
| I have completed my examination, I confirm that no matters have come to my attention in connscbon with the examination giving ms cause to believe that in any material respeck |
| 1 accounting records were not kept in respect ofthe trust as required by section 130ofthe 2011Act; or 2 the financial statements do not accord with those records; or |
| 3 the fiinancial statements do not comply with the applicable requirements concerning the form and content of acrxiunts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. |
| I have no concerns and have come across no other matters in connection with the examination to which |
| ahention shouid be drawn in this report in order to enable a proper understanding ofthe financial statements to be reached. |
| Mark Jackson FCA DChA |
| Ruthlyn House |
| 00 Lincoln Road |
| Peterborough |
| Cambridgeshire |
| PEt 2SP |
| United Kingdom |
| Dated r5' g. ZwSZ |
| Cuntent financial year | ||||||
|---|---|---|---|---|---|---|
| Unrestricted | Unresbfctsd | Restricted | Total | |||
| funds | funds | funds | ||||
| general | designated | |||||
| 2021 | 202'1 | 2021 | 2020 | |||
| 6 | 6 | |||||
| Iggg~gilt; Donations and legacies |
3 | 147,855 | 18,028 | 165,883 | 177,430 | |
| Charitable activities |
4 | 4,046 | 4,046 | 6,021 | ||
| Investments | 5 | 21 | 21 | 76 | ||
| Total income | 151,922 | 18,028 | 169,950 | 183,527 | ||
| Rztttttuuttt ttt4tg.. | ||||||
| Charitabls activities |
6 | 131,923 | 131,923 | 139,752 | ||
| Net income for the year/ | ||||||
| rtet movement in funds |
19,999 | 18,028 | 38,027 | 43,775 | ||
| Fund balances at 1 July 2020 | 100,212 | 25,000 | 125,212 | 81,437 | ||
| Fund balances at 30June 2021 | 120,211 | 25,000 | 18,028 | 163,239 | 125,212 |
| Unrestricted | Unrestricted | Total | |||
|---|---|---|---|---|---|
| funds | funds | ||||
| general | designated | ||||
| 2020 | 2020 | 2020 | |||
| Notes | 8 | 2 | 8 | ||
| IgggmgJTftm; | |||||
| Donations and legacies |
177,430 | 177,430 | |||
| Charitable actiirtias |
6,021 | 6,021 | |||
| invesbnents | 76 | 76 | |||
| Total Income | 183,527 | 183,527 | |||
| Etttttttttlitttouttr. | |||||
| Charitable activities |
139,752 | 139,752 | |||
| Net income for the year/ | |||||
| Net movement | in funds | 43,775 | |||
| Fund balances at 1 July 2019 | 56,437 | 25,000 | 81,437 | ||
| Fund balances | at 30June 2020 | 100,212 | 25,000 | 125,212 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Notes | 8 | |||||
| Fixed assets | ||||||
| Tangible assets | 'IO | 3,717 | 2,143 | |||
| Current assets | ||||||
| Debtors | 29,779 | 48,746 | ||||
| Cash at bank and in | hand | 135,014 | 76,819 | |||
| 164,793 | 125,565 | |||||
| Creditors: amounts | falling due within | |||||
| one year | (5,271) | (2,496) | ||||
| Net current assets | 159,522 | 123,069 | ||||
| Total assets less current liabilities | 163,239 | 125,212 | ||||
| Income funds | ||||||
| Restricted funds |
13 | 18,028 | ||||
| gnn, gtnnt | ||||||
| Designated funds |
14 | 25,000 | 25,000 | |||
| General unrestricted | funds | 120,211 | 100,212 | |||
| 145,211 | 125,212 | |||||
| 163,239 | 125,212 |
| Unreetdeted | Unrestricted |
|---|---|
| funds | funds |
| general | general |
| 2021 | 2020 |
| 5 | 2 |
| 21 | 76 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| 8 | ||||
| Staff saledes | 102,020 | 98,688 | ||
| Sessional stalf | 477 | |||
| Depreciation | and impairment | 2,559 | 4,612 | |
| Travel | 578 | 2,224 | ||
| Recruitment | 127 | |||
| Insurares | 2,020 | 2,696 | ||
| Office costs Design fess Staff development |
3,582 1,625 1,767 |
3,320 3,163 2,142 |
||
| Sundry expenditure | 165 | 305 | ||
| Telephone | 1,320 | 1424 | ||
| Postage and | stsbonery | 1,585 | 2,079 | |
| Light and heat | 1,740 | 1,982 | ||
| Cleaning | 1,190 | 1,120 | ||
| Premises maintenance |
1,820 | 1,632 | ||
| Expenditure on provision oftraining courses Book purchases |
1,019 269 |
3,872 1,4?3 |
||
| 123,386 | 131,009 | |||
| Share ofsupport costs fees note 7) | 2,157 | 2,423 | ||
| Share ofgovernance | costs (see note 7) | 6.380 | 6,320 | |
| 13'l,923 | 139,752 | |||
| Analysis by |
fund | |||
| Unrestricted | funds - general | 131,923 | ||
| 131,923 | ||||
| Fortha year | ended 30June 2028 | |||
| Unrestricted | funds - general | 139,752 | ||
| 139,752 |
| Support | c | osts | |||||
|---|---|---|---|---|---|---|---|
| Support | Governance | 2021 | 2020 | Basis ofallocation | |||
| costs | costs | ||||||
| 6 | 6 | ||||||
| l-egal and | HR fees | 2,157 | 2,157 | 2,423 | |||
| independent | examiner | GovelTlance | |||||
| fees | 1,380 | 1,380 | 1,320 | ||||
| Management | Governance | ||||||
| consuitancy | 5,000 | 5,000 | 5,000 | ||||
| 2,157 | 6,380 | 8,537 | 8,743 | ||||
| Analysed | between | ||||||
| Charitable | activities | 2,157 | 6,380 | 8,537 | 8,743 |
| Employment costs |
||
|---|---|---|
| 2021 | 2920 | |
| Wages and salaries | 95,295 | 90,696 |
| Sessional staff | 477 | |
| Social security costs | 4,001 | 5,201 |
| Other pension costs | 2,724 | 2,791 |
| 102,020 |
| 10 | Tangible 6xed assets | Tangible 6xed assets | |||
|---|---|---|---|---|---|
| flxtores and | Costptdats | Total | |||
| fasssa | |||||
| 8 | |||||
| Cost | |||||
| At 1 July 2020 | 6,770 | 8,858 | 15,628 | ||
| Additions | 180 | 3,954 | 4,134 | ||
| At 30June 2021 | 6,950 | 12,8'l2 | 19,782 | ||
| Depreciation and impairment |
|||||
| At 1 July 2020 | 5,078 | 8,407 | 13,485 | ||
| Depreciation charged |
in the year | 1,501 | 1,059 | 2,560 | |
| At 30June 2021 | 6,579 | 9,466 | 16,045 | ||
| Carrying amount |
|||||
| At 30June 2021 | 371 | 3,346 | 3,717 | ||
| At 30June 2020 | 1,692 | 451 | 2,143 | ||
| 11 | Debtors | ||||
| 2021 | 2020 | ||||
| Amounts falling due |
within one year: | 6 | |||
| Trade debtors | 202 | 200 | |||
| Other debtors | 3,235 | 3,445 | |||
| Prspayments and accrued income |
26,342 | 45,101 | |||
| 29,779 | 48,746 | ||||
| 12 | Creditors: amounts | falling due within ons year | |||
| 2021 | 2020 | ||||
| 6 | |||||
| Other creditors | 1,391 | 1,176 | |||
| Accruais and deferred | income | 3,880 | 1,320 | ||
| 5,271 | 2,496 |
| Movement | In funds | |||||
|---|---|---|---|---|---|---|
| Balance at 1 | incoming | Resources | Balance at 30 | |||
| July 2020 f |
resources f |
expended 'f |
June 2021 f |
|||
| The Beatrice Laing Trust | 5,000 | 5,000 | ||||
| Apsthorpe | Educational | Trust | 3,028 | 3,028 | ||
| The Joseph | Rank Trust | 10,000 | 10,000 | |||
| 18,028 | 18,028 |
| Movement | in funds | ||||
|---|---|---|---|---|---|
| Beisnce et | Ineomina | Resources | Bsienoe ei | ||
| 1July Sesef | nieouloes f |
expended f |
SeJufle 2S11 | ||
| Drop-in | centre | 25,000 | 25,000 | ||
| 25,000 |
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