2022-03-31-accounts - Young Brent Foundation

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		Page
Report ofthe Trustees	1	to	6
Report ofthe Independent Auditors	7	to	9
Statement ofFinancial Activities		10
Balance Sheet	11	to	12
Cash Flow Statement		13
Notes to the Cash Flow Statement		14
Notes to the Financial Statements	15	to	21
Detailed Statement ofFinancial Activities		22

BAsamoah-	(Appointed	26 January 2021)
GBhattacharya	(Appointed	26 January 2021)
IBurbidge	(Appointed	26 April 2021)
JBurey	(Appointed	26 January 2021)
MDaya	(Appointed	26 January 2021)
K Olarewaju	(Appointed	26 January 2021)
M Curtis	(Appointed	9November 2017)

							2022	2021
					Unrestricted	Restricted	Total	Total
					fund	funds	funds	funds
				Notes
INCOME	AND ENDOWMENTS FROM
Donations	and legacies				555,602	1,149,064	1,704,666	881,039
Investment	income				49		49	68
Total					555,651	1,149,064	1,704,715	881,107
EXPENDITURE		ON
Charitable	activities
Charitable	activites				401,310	872,656	1,273,966	778,407
NET INCOME					154,341	276,408	430,749	102,700
Transfers	between	funds		12	(18,891)	18,891
Net movement in		funds			135,450	295,299	430,749	102,700
RECONCILIATION			OF FUNDS
Total funds	brought	forward			43,828	319,737	363,565	260,865
TOTAL FUNDS CARRIED FORWARD					179,278	615,036	794,314	363,565

	31M	arch 2022
				2022	2021
		Unrestricted	Restricted	Total	Total
		fund	funds	funds	funds
	Notes
FIXEDASSETS
Tangible assets		3,070		3,070	8,509
CURRENT ASSETS
Debtors	10	184,430	196,650	381,080	185,409
Cash at bank		4,913	418,386	423,299	217,079
		189,343	615,036	804,379	402,488
CREDITORS
Amounts falling due within one year	11	(13,135)		(13,135)	(47,432)
NET CURRENT ASSETS		176,208	615,036	791,244	355,056
TOTAL ASSETSLESSCURRENT
LIABILITIES		179,278	615,036	794,314	363,565
NET ASSETS		179,278	615,036	794,314	363,565
FUNDS	12
Unrestricted funds				179,278	43,828
Restricted funds				615,036	319,737
TOTAL FUNDS				794,314	363,565

			for the year ended	31March 2022
				2022	2021
			Notes
Cash flows from operating	activities
Cash generated from operations				206,171	(97,480)
Net cash provided by/(used	in) operating		activities	206,171	(97,480)
Cash flows from investing	activities
Purchase oftangible fixed assets					(9,765)
Interest received				49	68
Net cash provided by/(used	in) investing		activities	49	(9,697)
Change in cash and cash equivalents		in
the reporting period				206,220	(107,177)
Cash and cash equivalents	at the
beginning ofthe reporting	period			217,079	324,256
Cash and cash equivalents	at the end		of
the reporting period				423,299	217,079

			Notes to the Cash Flow Statement for the year ended 31March 2022	Notes to the Cash Flow Statement for the year ended 31March 2022
RECONCILIATION			OFNET INCOME TO NET CASH FLOW FROM		OPERATING ACTIVITIES
					2022	2021
Net income	for the	reporting		period (as per the Statement ofFinancial
Activities)					430,749	102,700
Adjustments	for:
Depreciation	charges				5,439	2,071
Interest received					(49)	(68)
Increase in debtors					(195,671)	(133,286)
Decrease in	creditors				(34,297)	(68,897)
Net cash provided		by/(used		in) operations	206,171	(97,480)
ANALYSIS	OF CHANGES			IN NET FUNDS
				At 1.4.21	Cash flow	At 31.3.22
Net cash
Cash at bank				217,079	206,220	423,299
				217,079	206,220	423,299
Total				217,079	206,220	423,299

DONATIONS AND LEGACIES
	2022	2021
Donations	681,174	526,652
Grants	1,023,492	354,387
	1,704,666	881,039

					2022	2021
	Sport England				70,000	76,160
	National Lottery Heritage	Fund			9,878	156,560
	JLC Small Grants				100,000
	LBB- Mental Health 4 Wellbeing				74,000
	Violence Reduction Unit				374,905
	National Lottery Community		Grant - Valuing Life		164,088
	Other grants				230,621	121,667
					1,023,492	354,387
3.	INVESTMENT INCOME
					2022	2021
	Deposit account interest				49	68
4.	CHARITABLE ACTIVITIES COSTS
					Support
				Direct	costs (see
				Costs	note 5)	Totals
	Charitable activites			1,027,862	246,104	1,273,966
5.	SUPPORT COSTS
					Governance
			Management	Finance	costs	Totals
	Charitable activites		218,887	160	27,057	246,104
6.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)	is	stated after charging/(crediting):
					2022	2021
	Auditors' remuneration				7,533	8,856
	Depreciation - owned assets				5,439	2,071

COMPARATIVKS FORTHE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVKS FORTHE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVKS FORTHE STATEMENT OF FINANCIAL ACTIVITIES
		Unrestricted	Restricted	Total
		fund	funds	funds
INCOME AND ENDOWMENTS FROM
Donations and legacies		209,389	671,650	881,039
Investment income		68		68
Total		209,457	671,650	881,107
EXPENDITURE ON
Charitable activities
Charitable activites		253,861	524,546	778,407
NET INCOME/(EXPENDITURE)		(44,404)	147,104	102,700
RECONCILIATION	OF FUNDS
Total funds brought forward		88,232	172,633	260,865
TOTAL FUNDS CARRIED FORWARD		43,828	319,737	363,565
TANGIBLE FIXEDASSETS
		Fixtures
		alld	Computer
		fittings	equipment	Totals
COST
At 1 April 2021 and 31March 2022		756	16,165	16,921
DEPRECIATION
At 1 April 2021		705	7,707	8,412
Charge for year		51	5,388	5,439
At 31March 2022		756	13,095	13,851
NET BOOK VALUE
At 31March 2022			3,070	3,070
At 31March 2021		51	8,458	8,509

							2022	2021
Trade debtors							207,080	50,400
Prepayments and accrued			income				174,000	135,009
							381,080	185,409
CREDITORS: AMOUNTS				FALLING DUE WITHIN ONE		YEAR
							2022	2021
Trade creditors							3,259	30,808
Other creditors							3,376	741
Accruals and deferred		income					6,500	15,883
							13,135	47,432
MOVEMENT IN	FUNDS
						Net	Transfers
						movement	between	At
					At 1.4.21	in funds	funds	31.3.22
Unrestricted funds
General fund					43,828	154,341	(18,891)	179,278
Restricted funds
Wembley National	Stadium			Trust	49,799	(4,168)		45,631
LBB- Early Help Detached				and Outreach	98,908	5,649		104,557
Sport England					47,821	(22,559)		25,262
Metropolitan Thames Valley				Housing	33,093	(16,085)		17,008
National Lottery Heritage			Fund		90,116	(17,722)		72,394
Neighbourhood Community				Infrastructure
Levy - Aspire						8,350		8,350
Brent Black Community			Action Plan			14		14
C-19Brent Inspired	Futures					(18,891)	18,891
Community Safety	- Global			Thinking		30,586		30,586
JLC Small Grants						43,312		43,312
LBBMental Health	k,	Wellbeing				49,284		49,284
Violence Reduction	Unit					191,135		191,135
National Lottery Community				Grant-
Valuing Life						27,503		27,503
					319,737	276,408	18,891	615,036
TOTAL FUNDS					363,565	430,749		794,314

					Incoming	Resources	Movement
					resources	expended	in funds
Unrestricted funds
General fund					555,651	(401,310)	154,341
Restricted funds
Wembley National	Stadium		Trust			(4,168)	(4,168)
LBB - Early Help Detached			and Outreach		66,900	(61,251)	5,649
Sport England					70,000	(92,559)	(22,559)
Metropolitan Thames Valley				Housing	13,476	(29,561)	(16,085)
National Lottery Heritage		Fund			9,878	(27,600)	(17,722)
Neighbourhood Community			Infrastructure
Levy - Aspire					13,750	(5,400)	8,350
Brent Black Community		Action Plan			11,064	(11,050)	14
Brent Goes Wild					90,000	(90,000)
C-19Brent Inspired	Futures				30,000	(48,891)	(18,891)
Community Safety	- Global		Thinking		120,175	(89,589)	30,586
JLC Small Grants					100,000	(56,688)	43,312
Kickstart Scheme					10,828	(10,828)
LBBMental Health	&Wellbeing				74,000	(24,716)	49,284
Violence Reduction	Unit				374,905	(183,770)	191,135
National Lottery Community				Grant-
Valuing Life					164,088	(136,585)	27,503
					1,149,064	(872,656)	276,408
TOTAL FUNDS					1,704,715	(1,273,966)	430,749
Comparatives for	movement			in funds
						Net
						movement	At
					At 1.4.20	in funds	31.3.21
Unrestricted funds
General fund					88,232	(44,404)	43,828
Restricted funds
Wembley National	Stadium		Trust		36,132	13,667	49,799
LBB- Early Help Detached			and Outreach			98,908	98,908
Sport England					34,194	13,627	47,821
Metropolitan Thames Valley				Housing		33,093	33,093
National Lottery Heritage		Fund			102,307	(12,191)	90,116
					172,633	147,104	319,737
TOTAL FUNDS					260,865	102,700	363,565

			Incoming	Resources	Movement
			resources	expended	in funds
Unrestricted funds
General fund			209,457	(253,861)	(44,404)
Restricted funds
Wembley National	Stadium	Trust	13,667		13,667
LBB- Early Help Detached		and Outreach	349,813	(250,905)	98,908
Sport England			76,160	(62,533)	13,627
Metropolitan Thames Valley		Housing	45,450	(12,357)	33,093
National Lottery Heritage Fund			156,560	(168,751)	(12,191)
Greater London Authority			30,000	(30,000)
			671,650	(524,546)	147,104
TOTALFUNDS			881,107	(778,407)	102,700

					Net	Transfers
					movement	between	At
				At 1.4.20	in funds	funds	31.3.22
Unrestricted funds
General fund				88,232	109,937	(18,891)	179,278
Restricted funds
Wembley National	Stadium		Trust	36,132	9,499		45,631
LBB- Early Help Detached			and Outreach		104,557		104,557
Sport England				34,194	(8,932)		25,262
Metropolitan Thames Valley			Housing		17,008		17,008
National Lottery Heritage		Fund		102,307	(29,913)		72,394
Neighbourhood Community			Infrastructure
Levy - Aspire					8,350		8,350
Brent Black Community		Action Plan			14		14
C-19Brent Inspired	Futures				(18,891)	18,891
Community Safety	- Global		Thinking		30,586		30,586
JLC Small Grants					43,312		43,312
LBBMental Health	4 Wellbeing				49,284		49,284
Violence Reduction	Unit				191,135		191,135
National Lottery Community			Grant-
Valuing Life					27,503		27,503
				172,633	423,512	18,891	615,036
TOTAL FUNDS				260,865	533,449		794,314

				Incoming	Resources	Movement
				resources	expended	in funds
Unrestricted funds
General fund				765,108	(655,171)	109,937
Restricted funds
Wembley National	Stadium		Trust	13,667	(4,168)	9,499
LBB - Early Help Detached			and Outreach	416,713	(312,156)	104,557
Sport England				146,160	(155,092)	(8,932)
Metropolitan Thames Valley			Housing	58,926	(41,918)	17,008
National Lottery Heritage		Fund		166,438	(196,351)	(29,913)
Greater London Authority				30,000	(30,000)
Neighbourhood Community			In&astructure
Levy - Aspire				13,750	(5,400)	8,350
Brent Black Community		Action Plan		11,064	(11,050)	14
Brent Goes Wild				90,000	(90,000)
C-19Brent Inspired	Futures			30,000	(48,891)	(18,891)
Community Safety - Global			Thinking	120,175	(89,589)	30,586
JLC Small Grants				100,000	(56,688)	43,312
Kickstart Scheme				10,828	(10,828)
LBBMental Health	4, Wellbeing			74,000	(24,716)	49,284
Violence Reduction	Unit			374,905	(183,770)	191,135
National Lottery Community			Grant-
Valuing Life				164,088	(136,585)	27,503
				1,820,714	(1,397,202)	423,512
TOTAL FUNDS				2,585,822	(2,052,373)	533,449

				Young Srent Foundation
				Detailed Statement ofFinancial Activities
				for the year ended 31March 2022
					2022	2021
INCOME AND		ENDOWMENTS
Donations and legacies
Donations					681,174	526,652
Grants					1,023,492	354,387
					1,704,666	881,039
Investment income
Deposit account		interest			49	68
Total incoming		resources			1,704,715	881,107
EXPENDITURE
Charitable activities
Sundries					1,027,862	508,043
Support costs
Management
Insurance					1,314	1,194
Sundries						23,365
Computer costs					5,900	7,789
Project support					195,173	183,395
Stafftraining					9,236	14,646
Rent						7,880
Travel					1,825	3,853
Depreciation	oftangible		and heritage	assets	5,439	2,071
					218,887	244,193
Finance
Bank charges					160	289
Governance	costs
Auditors' remuneration					7,533	8,856
Accountancy	fees				17,916	10,297
Legal fees					1,608	6,729
					27,057	25,882
Total resources	expended				1,273,966	778,407
Net income					430,749	102,700