Charity Number: 1166157 

## **HEXHAM YOUTH INITIATI E** 

Report and financial statements for the year ended 31 March 2022 



## HEXHAM YOUTH INITIATIVE 

## **REFERENCE AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 MARCH 2022** 

|**CHARITY NUMBER:**|1166157||
|---|---|---|
|**TRUSTEES:**|Diane Harris|Chair|
||Neil Morrison|Treasurer|
||Rosemary Theobalds|Vice Chair|
||Stephen Ball||
||Terry Eccles||
||Ranald Harris||
||Melanie Postill||
||Jonathan Hill||
||Kathy White Webster||
||Tony Webster||
|**PRINCIPAL OFFICE:**|Hexham Community Centre||
||Gilesgate||
||Hexham||
||NE46 3NP||
|**BANKERS:**|Unity Trust Bank||
||Nine Brindleyplace||
||Birmingham||
||B12HB||
|**INDEPENDENT**|Gabrielle-Anne Keaveny||
|**EXAMINER**|9 South Waterside||
||Kielder||
||Hexham||
||NE48 1 HF||



1 



## HEXHAM YOUTH INITIATIVE 

## **TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2022 Introduction** 

The trustees present their report and the unaudited financial statements for the year ended 31 March 2022. 

The trustees have prepared the annual report and financial statements in accordance with the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" issued in January 2015. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Governance** 

Hexham Youth Initiative is a registered charity, number 1166157. It was registered with the Charity Commission on 21 March 2016, and is constituted as a Charitable Incorporated Organisation. Its Constitution was adopted on 21 March 2016. The principal activity of the charity is to promote any charitable purposes for the benefit of young people, aged 25 years or under, who are resident in the town of Hexham and the surrounding area in the County of Northumberland, and in particular the advancement of education, the protection of health and the relief of poverty, distress and sickness. 

## **Trustees** 

The Management Committee comprises a minimum of four and a maximum of twelve trustees, who are charity trustees for the purpose of charity law. 

Trustees are elected by the members at the Annual General Meeting and, if willing to stand, offer themselves for re-election each year. The officers of the charity for the ensuing year are nominated and elected (by ballot if necessary) at every AGM. 

## **Trustee Induction and Training** 

A Trustee Information Pack is available to potential and new trustees. Potential trustees are invited to attend a trustee meeting to find out more about the workings of the Management Committee and the governance of the charity, after which they may feel better informed to make the decision to become a trustee. 

New trustees are introduced to the charity, their legal obligations under charity law, the content of the governing document, the trustees and the decision-making process, the business plan and financial performance of the charity during an induction period soon after appointment. Trustees are also encouraged to attend appropriate training events that will support effective conduct in their role. 

2 



## HEXHAM YOUTH INITIATIVE **TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2022** 

## **Risk Management** 

Where appropriate, policies and procedures or systems have been put in place to mitigate the risks the charity might face. Significant external risks to funding, and the nature of funding across the Community and Voluntary Sector, have led to the development of a regularly reviewed long-term strategic plan including the identification of priority activities in relation to income generation. 

Policies and procedures exist to ensure compliance with health and safety of all staff, volunteers, and beneficiaries of the charity. This includes the provision of adequate insurance cover and risk assessment of all charitable activities. These policies and procedures are reviewed annually or more frequently, on change of circumstances, to ensure that they continue to meet the needs of the charity. 

## **OBJECTIVES AND ACTIVITIES** 

## **Public Benefit** 

In shaping the objectives for the year and in planning the activities, the trustees have considered the Charity Commission's guidance on public benefit, including the guidance 'public benefit: running a charity **(PB2)'.** 

The charity provides drop-in sessions, information, advice and guidance, motivational and educational projects such as Duke of Edinburgh Award and Young Leaders Group. The charity also offers alternative education projects, mentoring support and a young carers' project, health support includfng a healthy eating project, sexual health, information and advice and counselling support. 

We provide a parents' group with creche and an after-school club for children and young people with learning disabilities. Hexham Youth Initiative also runs Acomb Youth Club and two LGBTQ plus clubs at Queen Elizabeth High School and one at Haydon Bridge High School. We have also been running two environmental groups this year, one at Queen Elizabeth High School and a group for Ukrainian children and young people who have recently arrived in the UK. 

In addition, we run holiday play scheme activities, weekend groups and offer residential opportunities for personal development. 

## **ACHIEVEMENT AND PERFORMANCE** 

The Hexham Youth Initiative continues to support young people to plan and run their own projects. For example, members have worked with Gravity to design the new skatepark area and have completed a fundraising programme in partnership with Hexham Town Council to bring in over £160,000 to complete the project. 

3 



## HEXHAM YOUTH INITIATIVE **TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2022** 

The Hexham Youth Initiative maintained positive relationships with children and young people in another difficult year where the rules and regulations concerning the running of group work activities seemed to change weekly with the easing of lockdowns. We have worked hard to encourage young people who have become nervous about the future to re-engage with education and training and to begin planning for a more positive future. Our Job Club has supported 9 young people into work and 21 young people into training or further education since the beginning of September 2021. Many Job Club participants have been volunteering this year. 

The Hexham Youth Initiative offered a varied programme of activities in all of the school holidays. In the summer of 2021, over 300 young people participated in safe, stimulating and fun summer scheme activities, designed by other young people. They were supported by a dedicated group of staff and volunteers. The Youth Initiative used Holiday Action Fund wherever possible to address holiday hunger. 

Our Duke of Edinburgh group, with participants at Bronze and Silver levels, encourages participants to develop independence, self-esteem and team-work skills. This year, 24 young people are taking part. Young people volunteered in local community projects and raised funds as part of their service section and expeditions this year were based in Northumberland and Cumbria. 

Work with partners in the community continues, including groups for children and young people in the super output area of Hexham East, where some holiday activities were based. We also continued to work with schools, Hexham Community Partnership, the Rotary and Lions Club, Northumberland County Council and the District Youth Forum to offer joined up support and activities. 

## **FINANCIAL REVIEW** 

The charity remains grateful for the help and support given by local government agencies, charitable trusts and other sources of fundraising and donations. 

The charity generates a significant proportion of its income from grant funding and fees from alternative curriculum education. Total income, including these fees, grants, fundraising and donations, in the year ended 31 March 2022, was £190,006 (2021: £236,486). Within this income were significant unrestricted grants totalling £69,613 (2021: £86,646), including £30,000 from the Garfield Weston Foundation and £30,000 from Hexham Town Council. Without these grants the charity would have been unable to cover its core costs and plan for the future. Unrestricted income also included £4,163 (2021: £22,213) from the _government job retention scheme and earned income of £53,038 (2021: £59,443). All grants are disclosed within Income from charitable activities (Notes 4, 10 and 13). 

4 



## HEXHAM YOUTH INITIATIVE **TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2022** 

Total costs were £215,666 (2021: £222,896) and as a result the charity incurred a deficit for the year of £25,660 (2021: £13,590 surplus). Payroll costs, which represent the significant part of the charity[1] s costs, were £161,969 (2021: £164,375) representing 75.1 % of total expenditure (2021: 73.7%). 

Total funds at 31 March 2022 were £59,040 of which £51,188 was held in cash. Of the total funds at 31 March 2022, £45,840 related to unrestricted funds (2021: £62,749). 

The charity also recognises the valuable contribution made by individuals and supporters. 

## **Reserves Policy** 

The Trustees aim to have a reserve of sufficient unrestricted funds to cover three months' operating costs, plus exit charges. This figure has been identified following consideration of the main financial risks to the charity. At 31 March 2022 unrestricted funds held amounted to approximately 2.6 months' operating costs (2021: 3.4 months'), and therefore this policy was not met. 

The strategy is to build reserves through economies of scale wherever possible, suitable cost control, and seeking additional funding to meet essential expenses which underpin the provision of service to members. 

The trustees regularly review the level of unrestricted reserves at Management Committee meetings. 

## **Grant Making Policy** 

The Charity does not make grants. 

## **Investment Policy** 

The charity holds no investments, other than reserve funds held in interest bearing bank deposit accounts, and as such has no formal investment policy. 

## **PLANS FOR FUTURE PERIODS** 

Our main aim this year is to continue to find funds to support the most disadvantaged and vulnerable young people in our community. We want to offer a responsive and adaptable service and to continue to provide well thought out and preventative initiatives. 

We will also continue to build up our staff and volunteer skills base and concentrate, in particular, on listening to and supporting our young leaders at every level. 

We will continue to work with Hexham Town Council and look forward to the completion of the new skate park on the Sele and to developing projects with young people on the site. 

5 



## HEXHAM YOUTH INITIATIVE **TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2022** 

## **STATEMENT OF TRUSTEES' RESPONSIBILITIES** 

Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charity as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year; in preparing those financial statements, the trustees should follow best practice and: 

- select suitable accounting policies and then apply them consistently 

- observe the methods and principles in the Charities SORP 

- make judgements and estimates that are reasonable and prudent 

- state whether applicable UK Accounting Standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements; and 

- prepare the financial statements on the going concern basis unless it is not appropriate to assume that the charity will continue on that basis. 

The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection or fraud and other irregularities. 

## **RESPONSIBILITIES OF THE TRUSTEES** 

Trustees who served during the year and up to the date of this report are set out under Legal and Administrative Information. In accordance with charity law, as the charity's trustees, we certify that: 

- so far as we are aware, there is no relevant information of which the charity's examiner is unaware; and 

- as trustees we have taken all the steps that we ought to have taken in order to make ourselves aware of any relevant accounts information and to establish that the charity's examiner is aware of that information. 

The. trustees' annual report has been approved by the trustees and signed on their behalf by: 


.. Diane Harris (Chair) 

12 September 2022 

6 



## HEXHAM YOUTH INITIATIVE 

## **INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF HEXHAM YOUTH INITIATIVE** 

I report to the charity trustees on my examination of the accounts of Hexham Youth Initiative for the year ended 31 March 2022, which are set out on pages 9 to 22. 

## **Respective responsibilities of trustees and examiner** 

As the charity's trustees you are responsible for the preparation of • the accounts in accordance with the Charities Act 2011 ("the 2011 Act"). You consider that an audit is not required for this year under section 144(2) of the 2011 Act and that an independent examination is needed. 

Having satisfied myself that the charity is not subject to audit and is eligible for independent examination, it is my responsibility to: 

- examine the accounts under section 145 of the 2011 Act 

- follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and 

- state whether particular matters have come to my attention 

## **Basis of independent examiner's report** 

My examination was carried out in accordance with 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** 

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which give me cause to believe that, in any material respect: 

- the accounting records were not kept in accordance with section 130 of the Charities Act; or 

- the accounts did not accord with the accounting records; or 

- the accounts did not comply with the applicable requirements concerning the form and content of accounts 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; or 

- the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for Accounting and Reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). 

7 



## HEXHAM YOUTH INITIATIVE 

## **INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF HEXHAM YOUTH INITIATIVE** 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 

Gabrielle-Anne Keaveny 9 South Waterside Kielder Hexham NE48 1HF 

12 September 2022 

8 



## HEXHAM YOUTH INITIATIVE 

|HEXHAM YOUTH INITIATIVE|HEXHAM YOUTH INITIATIVE|HEXHAM YOUTH INITIATIVE||||
|---|---|---|---|---|---|
|**STATEMENT OF FINANCIAL ACTIVITIES FOR**|||**THE YEAR ENDED 31 March**||**2022**|
|||**Unrestricted**|**Restricted**|**Total**|**_Total_**|
|||**funds**|**funds**|**funds**|**_funds_**|
|||||**2022**|**_2021_**|
||**Note**|£|£|£|£|
|**Income from:**||||||
|Donations and gifts|**3**|3,937||3,937|_3,696_|
|Grants received|**4**|69,613|61,057|130,670|_172,980_|
|Charitable activities|**4**|55,388||55,388|_59,793_|
|Investments|**5**|11||11|_17_|
|**Total Income**||**128,949**|**61,057**|**190,006**|**_236,486_**|
|**Expenditure on:**||||||
|Charitable activities|**6**|145,208|69,808|215,016|_222,246_|
|Governance costs||650||650|_650_|
|**Total expenditure**||**145,858**|**69,808**|**215,666**|**_222,896_**|
|**Net**||||||
|**income/( expenditure)**|7|**(16,909)**|**(8,751)**|**(25,660)**|**_13,590_**|
|Transfer between||||||
|funds||||||
|**Net movement in**||||||
|**funds**||**(16,909)**|**(8,751)**|**(25,660)**|**_13,590_**|
|**Reconciliation of**||||||
|**funds**||||||
|Total funds brought||||||
|foiward||62,749|21,951|84,700|_71,110_|
|**Total funds carried**||||||
|**forward**||**45,840**|**13,200**|**59,040**|**_84,700_**|



The statement of financial activities includes all gains and losses recognised in the year. All income resources and resources expended derive from continuing activities. 

9 



## HEXHAM YOUTH INITIATIVE 

## **BALANCE SHEET AS AT 31 MARCH 2022** 

||||**2022**|||**_2021_**||
|---|---|---|---|---|---|---|---|
||**Note**|**£**||**£**|£||£|
|**Fixed assets**||||||||
|Tangible assets||||||||
|**Total fixed assets**||||||||
|**Current assets**||||||||
|Debtors|**11**|9,899|||_12,206_|||
|Cash at bank and in hand||51,188|||_74,387_|||
|**Total current assets**||**61,087**|||**_86,593_**|||
|**Liabilities**||||||||
|Creditors: amounts falling||||||||
|due in less than one year|**12**|(2,047)|||_(1,893)_|||
|**Net current assets**||||**59,040**|||**_84,700_**|
|**Total assets less current**||||||||
|**liabilities**||||**59,040**|||**_84,700_**|
|**The funds of the charity:**||||||||
|Restricted income funds|**13**|||13,200|||_21,951_|
|Unrestricted income funds|**14**|||45,840|||_62,749_|
|**Total charity funds**||||**59,040**|||**_84,700_**|



These financial statements have been prepared in accordance with FRS 102 SORPO 

Approved by the Board of Trustees on 12 September 2022 and signed on its behalf by: 


Diane Harris, Chair 


Neil Morrison, Treasurer 

10 



NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022 

## HEXHAM YOUTH INITIATIVE 

## **1. Accounting policies** 

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows: 

## **a. Basis of preparation** 

The financial statements 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), second edition - October 2019 (Charities SORP (FRS 102)), the Financial Reporting Standard 102, Section 1 a Small Entities, as well as the Charities Act 2011. 

The charity constitutes a public benefit entity as defined by FRS 102. 

## **b. Preparation of the accounts on a going concern basis** 

The financial statements have been prepared on a going concern basis which assumes that the charity will continue in operational existence for tlie foreseeable future. At the year end Hexham Youth Initiative had net current assets of £59,040 and although, at 2.6 months' operational costs, the charity's unrestricted free reserves did not satisfy the reserves policy, the charity's forecast shows that it will be able to continue as a going concern for at least the next twelve months. As usual, the charity will require additional external funding if it is to continue over the longer term. The trustees remain optimistic that the charity will be able to raise sufficient funds to continue in operation for the foreseeable future. 

## **c. Judgments and estimates** 

The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reporting period. 

## **d. Income** 

All income is included in the statement of financial activities when the charity is entitled to the funds, any performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably. The following specific policies are applied to particular categories of income: 

- Income which is received by way of grants, donations and gifts to the charity is included in full in the Statement of Financial Activities upon receipt. Grants, where entitlement is not conditional on the delivery of a specific performance by 

11 



the charity, are recognised when the charity becomes unconditionally entitled to the grant. 

- Bank interest and other investment income is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank 

- Income from charitable activities which is derived from contracts and service agreements is accounted for as the charity earns the right to consideration by its performance. 

Volunteers - the value of any volunteer help received is not included in the accounts, but is described and acknowledged in the trustees' report. 

## **e. Fund accounting** 

Unrestricted funds are available to spend at the discretion of the trustees on activities that further any of the purposes of the charity. 

Restricted funds are grants or donations which the donor has specified can only be used for particular areas of the charity's work or for specific projects being undertaken by the charity. 

## **f. Expenditure and irrecoverable VAT** 

Expenditure is recognised on an accrual basis as a liability is incurred, because there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings: 

- Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both the direct costs and support costs relating to such activities. 

- Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include accountancy fees. 

- Other expenditure represents those items not falling into any other heading. 

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred. 

## **g. Cash at bank and in hand** 

Cash at bank and cash in hand comprise cash and short term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. 

## **h. Debtors** 

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any 

12 



trade discounts due. 

## **i. Creditors and provisions** 

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discount due. 

## **j. Pensions** 

The charity uses a qualifying defined contribution workplace pension scheme to meet its duties as an employer. The charity's contribution is restricted to the contributions disclosed in Note 8. There were no outstanding contributions at the year end. 

## **2. Legal status of the charity** 

The charity is a Charitable Incorporated Organisation registered with the Charity Commission for England and Wales under Charity Number 1166157 and governed by its constitution dated 21 March 2016. 

## **3. Income from donations** 

||Un restricted|Restricted|Total|_Total 2021_|
|---|---|---|---|---|
||||2022||
||£|£|£|£|
|Donations|3,937||3,937||
|Total by fund 31 March<br>2022|3,937||3,937||
|_Total by fund 31 March_|||||
|_2021_|||||



13 



## HEXHAM YOUTH INITIATIVE 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022 (continued)** 

## **4. Income from charitable activities** 

||Unrestricted|Restricted|Total|_Total_|
|---|---|---|---|---|
||||2022|_2021_|
||£|£|£|£|
|**Grants**|||||
|Belford Charitable Trust||16,000|16,000|_15,000_|
|Children in Need||||_9,973_|
|Community Foundation||8,000|8,000|_12,382_|
|Garfield Weston Foundation|30,000||30,000||
|Hexham Town Council|30,000|200|30,200|_28,983_|
|HMRC Job Retention|4,163||4,163|_22,213_|
|Northumberland County Council|5,000|10,125|15,125|_10,000_|
|Rank Foundation||9,771|9,771|_37,497_|
|Sport England||||_9,425_|
|TNL Community Fund||||_18,800_|
|UK Youth||13,121|13,121||
|Other small grants|450|3,840|4,290|_8,707_|
|**Total grants**|69,613|61,057|130,670|_172,980_|
|**Fees and other income**|||||
|Educational income - Alternative<br>curriculum fees|40,166||40,166|_48,082_|
|Project income|12,872||12,872|_11,361_|
|Other income|2,350||2,350|_350_|
|**Total fees and other income**|55,388||55,388|_59,793_|
|**Total by fund 31 March 2022**|**125,001**|**61,057**|**186,058**|**_232,773_**|




14 



## _**Income from charitable activities**_ **-** _**previous reporting period**_ 

||_Unrestricted_|_Restricted_|_Total 2021_|
|---|---|---|---|
||£|£|£|
|**_Grants_**||||
|_Belford Charitable Trust_||_15,000_|_15,000_|
|_Children in Need_||_9,973_|_91973_|
|_Community Foundation_||_121382_|_12,382_|
|_Hexham Town Council_|_281983_||_28,983_|
|_HMRC Job Retention_|_221213_||_22,213_|
|_Northumberland County Council_|_101000_||_101000_|
|_Rank Foundation_|_251000_|_12,497_|_37,497_|
|_Sport England_||_9,425_|_9,425_|
|_TNL Community Fund_||_18,800_|_18,800_|
|_Other small grants_|_450_|8,257|8,707|
|**_Total grants_**|_861646_|_861334_|_1721980_|
|**_Fees and other income_**||||
|_Educational income - Alternative_<br>_curriculum fees_|_481082_||_481082_|
|_Project income_|_111361_||_111361_|
|_Other income_|_350_||_350_|
|**_Total fees and other income_**|_591793_||_591793_|
|**_Total by fund 31 March 2021_**|**_146,439_**|**_86,334_**|**_232,773_**|



15 



## HEXHAM YOUTH INITIATIVE 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022 (continued)** 

## **5. Investment income** 


All of the charity's investment income arises from money held in interest bearing deposit accounts. All investment income is unrestricted. 

## **6. Analysis of expenditure on charitable activities** 

|Staf costs<br>Premises costs<br>Administrative costs<br>Project costs<br>Governance costs -<br>Accountancy and independent<br>examination|Total 2022<br>£<br>161,969<br>9,321<br>5,546<br>38,180<br>650<br>215,666<br>_Total 2021_<br>£<br>_164,375_<br>_8,647_<br>_9,748'_<br>_39,476_<br>_650_<br>_222,896_|
|---|---|



|Restricted expenditure<br>Unrestricted expenditure|2022<br>£<br>69,808<br>145,858<br>215,666<br>_2021_<br>£<br>_68,792_<br>_1541 104_<br>_222,896_|
|---|---|



16 



## HEXHAM YOUTH INITIATIVE 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022 (continued)** 

## **7. Net income/(expenditure) for the year** 

|This is stated after charging/(crediting)|2022|_2021_|
|---|---|---|
||£|£|
|Independent examiner's remuneration|650|650|



## **8. Staff costs** 

Staff costs during the year were as follows: 

|Staf costs during the year were as follows:|||
|---|---|---|
|Wages and salaries<br>Social security costs<br>Pension costs<br>Redundancy costs|Total 2022<br>£<br>154,719<br>4,372<br>2,878<br>161,969|_Total 2021_<br>£<br>_154,930_<br>_4,378_<br>_2,892_<br>_2,175_|
|||_164,375_|



No employee had employee benefits in excess of £60,000 (2021: Nil). 

The average number of staff employed during the period was 14 (2021 :14). The average full time equivalent number of staff employed during the period was 6.5 (2021: 6.5). 

The key management personnel of the charity comprise the trustees and the Project Manager. The total remuneration of the key management personnel of the charity was £32,471 (2021: £32,479). 

17 



## HEXHAM YOUTH INITIATIVE 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022 (continued)** 

## **9. Trustee remuneration and expenses, and related party transactions** 

Neither the Management Committee nor any persons connected with them received any remuneration or reimbursed expenses during the year (2021: Nil). 

None of the trustees received travel or subsistence expenses during the year (2021: Nil). 

There were no donations from trustees or related parties (2021: Nil). 

No trustees or other persons related to the charity had any personal interest in any contract or transaction entered into by the charity during the year. 

## **10. Government grants** 

The government grants recognised in the accounts were as follows: 

|Hexham Town Council<br>HMRC Job Retention Scheme<br>Northumberland County Council|Total 2022<br>£<br>30,200<br>4,163<br>15,125<br>49,488<br>_Total 2021_<br>£<br>_28,983_<br>_22,213_<br>_10,000_|
|---|---|



There were no unfilled conditions and contingencies attached to these grants. 


18 



## HEXHAM YOUTH INITIATIVE 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022 (continued)** 

## **11. Debtors** 


**----- Start of picture text -----**<br>
Total 2022  Total 2021<br>£  £<br>Trade debtors<br>**----- End of picture text -----**<br>



## **12. Creditors: amounts falling due within one year** 


**----- Start of picture text -----**<br>
Total 2022  Total 2021<br>£  £<br>Trade creditors  2,047  1,893<br>Taxation and social security<br>2,047  1,893<br>**----- End of picture text -----**<br>


19 



## HEXHAM YOUTH INITIATIVE 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022 (continued)** 

## **13. Analysis of movements in restricted funds** 

||At 1||||At 31|
|---|---|---|---|---|---|
||April|Income|Expenditure|Transfers|March|
||2021||||2022|
||£|£|£|£|£|
|Belford Ch Trust|11,250|16,000|(15,250)||12,000|
|Community<br>Foundation||8,000|(7,000)||1,000|
|Hexham Town<br>Council||200|||200|
|Northumberland<br>County Council||10,125|(10,125)|||
|Rank Foundation|10,701|9,771|(20,472)|||
|UK Youth||13,121|(13,121)|||
|Other small grants||3,840|(3,840)|||
|**Total**|21,951|61,057|(69,808)||13,200|



## **Name of restricted fund** 

Belford Charitable Trust Community Foundation 

Hexham Town Council Northumberland CC Rank Foundation UK Youth 

## **Description, nature and purposes of the fund** 

Towards core costs 

Youth activities, summer holiday programme, craft sessions at Saturday drop-ins Skateboard training Holiday Activities and Food programme (HAF) 'Time to Shine' Towards sessional costs 

20 



## **Analysis of movements in restrict�d funds (continued)** 

## _**Previous reporting period**_ 

||_At 1 April_<br>_2020_|_Income_|_Expenditure_|_Transfers_|_At31_<br>_March 2021_|
|---|---|---|---|---|---|
||£|£|£|£|£|
|_Belford Charitable_<br>_Trust_||_15,000_|_(3J50)_||_11,250_|
|_TNL Community_<br>_Fund_|_1,483_|_18,800_|_(20,283)_|||
|_Children in Need_||_9,973_|_(9,973)_|||
|_Community_<br>_Foundation_|_1,926_|_12,382_|_(14,308)_|||
|_Rank Foundation_||_12,497_|_(1,796)_||_10J01_|
|_Sport England_||_9,425_|_(9,425)_|||
|_Other small_<br>_grants_|_1,000_|8,257|_(9,257)_|||
|**_Total_**|_4,409_|_86,334_|_(68,792)_||_21,951_|



21 



## HEXHAM YOUTH INITIATIVE 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH** _2022_ **(continued)** 

## **14. Analysis of movement in unrestricted funds** 

|**Current**<br>**reporting**<br>**period**<br>General fund<br>**_Previous_**<br>**_reporing_**<br>**_period_**<br>_General fund_|At 1 April<br>2021<br>£<br>62,749<br>62,749<br>_At 1 April_<br>2020<br>£<br>_66,701_<br>_66,701_|Income<br>£<br>128,949<br>128,949<br>_Income_<br>£<br>_150,152_<br>_150, 152_|Expenditure<br>£<br>(145,858)<br>(145,858)<br>_Expenditure_<br>£<br>_(154, 104)_<br>_(154,104)_|Transfers<br>£<br>_Transfers_<br>£|At 31<br>March<br>2022<br>£<br>45,840|
|---|---|---|---|---|---|
||||||45,840<br>_At31_<br>_March_<br>_2021_<br>£<br>_62,749_<br>_62,749_|



**Name of unrestricted fund Description, nature and purposes of the fund** General fund The unrestricted reserves 

22