2022-06-30-accounts - Shropshire Youth Support Trust

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			Page
Reference and Administrative Details
Chairman's Report		2	lo	3
Trustees' Report		4	to	6
Independent Examiner's	Report
Statement of Financial	Activities
Statement of Financial	Position
Notes to the Financial Statements		10 to		18
Detailed Statement of Financial Activities			19

		FO T	HE YEAR	ENDED 3 JUN	E 2022
						2022	2021
				Unrestricted	Restricted	Total	Total
				fund	funds	funds	funds
			Notes	f	E	6	6
INCOME AND ENDOWMENTS		FROM
Donations and legacies				7,232	2,500	9,732	81,376
Charitable activities
General				55,000	199,719	254,719	134,548
Other trading activities Other income				400 356		400 356	300 12
Total				62,988	202,219	265,207	216,236
EXPENDITURE ON
Charitable activities
General				16,749	169,873	186,622	162,642
Other				143		143
Total				16,892	169,873	186,765	162,642
NET INCOME				46,096	32,346	78,442	53,594
RECONCILIATION	OF FUNDS
Total funds brought	forward			59,448	53,850	113,298	59,704
TOTAL FUNDS CARRIED FORWARD				105,544	86,196	191,740	113,298

				2022	2021
				f	f
	Donations			9,732	73,832
	Furlough payments		received		7,544
				9,732	81,376
3.	OTHER TRADING		ACTIVITIES
				2022	2021
				f	f
	Rent received			400	300
4.	INCOME FROM CHARITABLE ACTIVITIES
			Activity	2022 f	2021f
	Grants		General	254,719	134,548
5.	GENERAL EXPENSES
					Direct
					Costs (see
					note 6) f
	General				186,622
	DIRECT COSTS OF CHARITABLE ACTIVITIES
				2022	2021
				f	f
	Staff costs			137,677	110,974
	Insurance			586	550
	Light and heat			2,146	1,578
	Telephone			3,878	3,271
	Postage and	stationery		175	322
	Marketing			1,091	7,280
	Sundries			2,214	1,343
	Rent, Rates &Premises			1,681	8,281
	Internet			3,247	4,195
	Travel			1,330	26
	Accountancy			2,035	2,488
	I egal fees			240
	Consultancy	Services		10,028	20,826
	Subscriptions			565	579
	CRM Costs			5,942
	ASYSTOR grants		paid	4,923
	ASYSTOR funds		returned	5,000
	Depredation			3,864	929
				186,622	162,642


10.	COMPARATIVES	FOR	THE STATEMENT OF FINANCIAL ACTIVITIES - continued
				Unrestricted	Restricted	Total
				fund	funds	funds
				E	6
	RECONCILIATION	OF	FUNDS
	Total funds brought	forward		28,989	30,715	59,704
	TOTAL FUNDS CARRIED FORWARD			59,448	53,850	113,298
11.	TANGIBLE FIXEDASSETS
				Fixtures
				and	Computer
				fittings F	equipment f	Totals f
	COST
	At 1 July 2021			624	3,011	3,635
	Additions				9,894	9,894
	At 30June 2022			624	12,905	13,529
	DEPRECIATION
	At 1 July 2021			624	1,595	2,219
	Charge for year				3,864	3,864
	At 30 June 2022			624	5,459	6,083
	NET BOOK VALUE
	At 30June 2022				7,446	7,446
	At 30June 2021				1,416	1,416
12.	DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
					2022	2021
					E	f
	Trade debtors				100	100
	Prepayments					820
					100	920

							2022 f	2021 f
Bank loans and overdrafts Trade creditors		(see note 14)					1,962	50,000 477
Other creditors							660	410
Accrued expenses							1,260	3,602
							3,882	54,489
In August 2020 the	charitable		company	successfully	applied	for a Bounce	Bank loan - this was repa
in full in this financial	year.
LOANS
An analysis ofthe maturity		of loans is given below:
							2022	2021
							f	f
Amounts falling due Bank loans	within	one year on demand:						50,000
MOVEMENT IN FUNDS
							Net
							movement	At
						At 1.7.21 f	in funds f	30.6.22 f
Unrestricted funds
General fund						59,448	46,096	105,544
Restricted funds
Asystor Fund Restricted Grant funds						33.222 20,628	(7,423) (20,628)	25,799
DWP Contract							668	668
KickStarter Grants							5,281	5,281
Landau Community	Grants						364	364
NHS Mental Health	Transformation
Grant							25,000	25,000
Telford and Wrekin	Council Safer
Stronger Communities Telford and Wrekin Neet		Project					4,538 24,546	4,538 24,546
						53,650	32,346	86,196
TOTAL FUNDS						113,298	78,442	191,740

Net movement in fu	nds, include	d in the above are a	s follows:
			Incoming	Resources	Movement
			resources f	expended f	in funds f
Unrestricted funds
General fund			62,988	(16,892)	46,096
Restricted funds
Asystor Fund Restricted Grant funds			2,500	(9,923) (20,628)	(7,423) (20,628)
DWP Contract			28,712	(28,044)	668
ERASMUS Project			16,456	(16,456)
IN2 Revenue			3,060	(3,060)
KickStarter Grants			10,500	(5,219)	5,281
KickStarter Salaries			29,052	(29,052)
Landau Community	Grants		35,999	(35,635)
NHS Mental Health	Transformation
Grant			25,000		25,000
Telford and Wrekin	Council Safer
Stronger Communities			5,000	(462)	4,538
Telford and Wrekin	Council Growth
Fund			5,940	(5,940)
Telford and Wrekin	Neet Project		40,000	(15,454)	24,546
			202,219	(169,873)	32,346
TOTAL FUNDS			265,207	(186,765)	78,442
Comparatives for	movement	In funds
				Net
				movement	At
			At 1.7.20	in funds	30.6.21
			f	F	f
Unrestricted funds
General fund			28,989	30,459	59,448
Restricted funds
Asystor Fund Restricted Grant funds			30,715	2,507 20,628	33,222 20,628
			30,715	23,135	53,850
TOTAL FUNDS			59,704	53,594	113,298

Comparative net mo	veme	nt in funds, induded in the	above ar	e as follows:
				Incoming	Resources	Movement
				resources f	expended f	in funds f
Unrestricted funds
General fund				50,665	(20,206)	30,459
Restricted funds
Asystor Fund				2,507		2,507
Restricted Grant funds				163,064	(142,436)	20,628
				165,571	(142,436)	23,135
TOTAL FUNDS				216,236	(162,642)	53,594
A current year 12 months		and prior year 12months	combined	position is as follows:
					Net
					movement	At
				At 1.7.20 f	in funds f	30.6.22 f
Unrestricted funds
General fund				28,989	76,555	105,544
Restricted funds
Asystor Fund				30,715	(4,916)	25,799
DWP Contract					668	668
KickStarter Grants					5,281	5,281
Landau Community	Grants				364	364
NHS Mental Health	Transformation
Grant					25,000	25,000
Telford and Wrekin	Council Safer
Stronger Communities Telford and Wrekin Neet		Project			4,538 24,546	4,538 24,546
				30,715	55,481	86,196
TOTAL FUNDS				59,704	132,036	191,740