|Reference and Admlnistradve
Details|
|---|
|Independent
Rcaminer's
Report|
|Statement ofFinancial Activldes|
|Slnlsment ofCash Flows|
|Notes tothe Financial Slatemenls|
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|Forthe
sarended|31
As ust2023||||||
|---|---|---|---|---|---|---|
||||Un~|Endowment|Total||
||||funds|funds|funds||
||||2023|2023|2023||
||||8||6||
|Income from:|||||||
|Investment
income|||33,865|||31,471|
|Other trading acfivifies||||||18,626|
|Total income|||33,065||33865|50097|
|Bqmnditum
on:|||||||
|Raising funds||||19,592|19,592|24,163|
|Charfiabie acfivifies|||54,143||54,143|564,748|
|Tohd expendihae|||143|10502|73,735|585,911|
|Net (expenditure)|forthe year||(20478)|(19,592)|(39,870)|(538,814)|
|Nel (losses) on investments||10||(9,523)|(9,523)|(248,614)|
|Transfers between|funds||(459)|459|||
|Net movement
in funds|||(20,737)|(28,656)|(49,393)|(787,428)|
|Reconcilia6on offunds:|||||||
|Total funds brought|forwani||130,053|2,016,388|2,146,441|2,933,869|
|Total funds carried forward|||109,316|1,987,732|2,097,048|2,146,441|
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|Drhfer Youth Trust
e tothe Ananclal statemenls
the
rended 31Au ust 2023
Oetailed comawrattvaa
forthe~ot|Snanctat cctivSes|||
|---|---|---|---|
||Vnnsstmded|Endowmerd|Total|
||funds|funds|funds|
||2022
f|2022
f|2022
5|
|Income from:||||
|Investments|31,471||31,471|
|Other trading scNiiies|18,626||18,626|
||24.163||24,163|
||564,748||564,748|
||588,911||588,911|
|Nst (uses) oninvestments
Nst(e~)forthe year|(538,814)|(248,S14)
(248,614)|(248,614)
P87,428)|
|Transftns
twtween
funds|470,185|(470,1SS)||
|Net movement
in funds|(SS,629)|P18,799)|P87,428)|
|Total funds brought forward|198,682|?735,187|2,93a869|
|Toad ftmds csnied fonseni|130,053|2016,388|2,146,441|
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|3|Income from invesbnenln|||||
|---|---|---|---|---|---|
|||Umastricled|Endowment|Tolal|Tonri|
|||2023|2023|2023|2622|
||||6|K|E|
||Dividends|||33,865|31,471|
|||||33,865|31,471|
|4|Income from other bading acgviTies|||||
|||Un~|Endowment||Toini|
|||2023|2023||2022|
|||8|8|||
||Educalion services||||18,626|
||||||18,626|
||||||Cost of||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||raising|C aritable|Support|Governance|||
||||||funds|acdvitias|costs
f|Costs|Total 2023
6|Tolal 2022|
|Slalfcosh|||||||||||
|Bank charges|||||||6||6|125|
|Commurice6ons||and|IT||||1,562||1,562|10,259|
|Ccnsubancy|||||||6.993||6,993|11,478|
|CPD Delivery||||||||||11,813|
|eprecian|||||||16409||1I(209|15,172|
|Independent|examiner's|||fees||||3,900|3WO|3.900|
|lvesbnera
management||||fees|19,592||||19,592|24,163|
|Learner management
spurning
coals|||syslem||||||22~||
|OIIice expenses|||||||1,781||1,781|43,568|
|Premises costs|||||||||||
|Training and|ecrubmem||||||||95|27,501|
|Wehsite|||||||||1JB2|2,882|
||||||19,5$2|22~|27,678|3rhhi|73,735|588,911|
|||||||27,678|(27,678)||||
|||||||3,900|-|(3,900)|||
|Total expenditure||2023|||19,592|54,143|||||
||||||24,163|564,748||||588,911|
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|||||rafsing|CsagaMe||||
|---|---|---|---|---|---|---|---|---|
|||||funds|fctftfes|||Tohl 2022f|
|Staffcosts||||||348,592||34tt592|
|Bank ctrargss||||||125||125|
|Communications||and IT||||10,259||10,259|
|Currsuthncy||||||11,478||11,478|
|CPDatfrrery|||||11,813|||11,813|
|Dsfrre station||||||15,172||15,172|
|fndatrerrdent|axsmfnsrtr||fees|||||3,900|
|I restmsnt management|||fees|24,163||||24,183|
|Learner marlagmnalrt syshm otrsn||||||||59,883|
|QFca mpensss||||||43,568||43,568|
|Premises cosh||||||29,595||29,595|
|Training and||cuuimsnt||||27,501||27,501|
|Tiarraf 5srrtrsistencs|||||||||
|Websfh||||||2,882||2,8S2|
|||||24,163|71,676|489,172|3,900|58S,911|
||||||489,172|(489,172)|||
||||||||P,900)||
|||||24,183|564,748|||588,911|
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||||||f|
|---|---|---|---|---|---|
|Sahries and wages|||||283,128|
|Social securily cosh|||||29,164|
|Empkiyer's|contribufion|to delined|conlribufion|pension schemes|28,306|
|Redundancy|psymerris||||7,994|
||||||348592|
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|Intangible
fbied assets||||
|---|---|---|---|
||Learning|||
||Management|||
|||System|Tohd|
|||R|6|
|Cost||||
|At the start ofthe year||||
|Addkions
in year||||
|isposals inyear||||
|Atthe end ofIhe year||48,627|48,627|
|Amorgsalicm||||
|Atihe start ofthe year
Charge forihe year||13,507
16~|13,507
16,209|
|At fim end ofthe year||29,716|29,716|
|Net book value||||
|At the end ofthe ycmr||18,911|18,911|
|Atrhea!art ofthe year||35,120|35,120|
|All offim abave assets are used forcharfiabls purposes.||||
|Fbced asset investmenls||||
|||2023|2022|
|||6||
|Investments
al fair value||||
|Investment
funds|1,893,819||1.867.932|
||1|619|1,867,932|
|Movements||||
|Market value atthe start ofthe year
AddiTions alcost|1,867,932
344,168||2,819,087
377~|
|Oisposakr at carnjing value|(308,958)||(1,080,074)|
|Net gain/goes)
on revslua0on||9,523|48,814|
|Market value atthe end cfihe year|1|893819|1,867932|
|Debtws||||
||||2022|
|Prepayments|||9,197|
|||4|9197|
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|13|Analysis of|net ass|ets between|funds|||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Tohd|
||||||||Unmshtctsd||Endowment|funds|
|||||||||||6|
||Fixed assets|||||||18,911|1,893,619|1,912r530|
||Net cunent assets|||||||90,405|94.113|184,518|
||Net assels atthe end ofthe year|||||||109,S16|1,987,732|2,007,040|
|||||||||||Total|
||||||||Vn|strictsd
f|Endowment|funds|
||Fixed assets|||||||35,120|1,867,932|1,903,052|
||Nst cunent assets|||||||94,933|140,450|243,389|
||Net assets at the end ofIheyear|||||||187,053|2,018,388|2,146,441|
|14|Movemenls|In funds|||||||||
|||||Atthe|start|income|Expenditure|||Atthe end|
|||||ofthe|year|and gains|and losses||Transfers|ofthe year|
|||||||||5|||
||Endowment|funds||2,016,388||||(29,115)|459|1,987,7S2|
||Unrestrictsd|funds:|||||||||
||General funds|||||||(54,143)|(459)|109,316|
||Total unmshicled||funds|130053||||54,143|459|109316|
|||||2,146,441|||||||
||Movements|in funds|for8m (prior year)||||||||
|||||At the|shrrt|Inoome and|Expenditure|||At the end of|
|||||ofthe|year
8|QBlns|and kxrses||Transiem
f|the year
8|
||Endowment|funds||2,735,187||||(248,614)|(470,185)|2.016.388|
||Unreshided|funds:|||||||||
||General funds|||198,682||50.097||(588,911)|470,185|130,053|
||Tolal un
stricted funds|||198682||50,097||588,011|470,185|130,053|
||Total funds|||2,933,869||50,097||837,525||2,146,441|
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|15|Reconcglatton ofnet income I(expenditure)|Reconcglatton ofnet income I(expenditure)|to net cash|flaw from operating|flaw from operating|ccVvtthrs||
|---|---|---|---|---|---|---|---|
|||||||2023||
|||||||6||
||Net income I(expenditure)
forthe reporgng||period|||(49,3$3)|(787.428)|
||(as per the stalsment ofgnancial ccetthrs)|||||||
||Depreciation|||||16,209|15,171|
||(Gainsjl losses on investments|||||9.523|248,614|
||Interest, rent and dividends
from invesbnerris|||||(33,865)|(31,471)|
||(Irxxease)l decrease in debtors|||||4,741|3,741|
||Increasei (decrease) in creditors|||||1,101|41,691|
||Net cash provhted
by I(used in) operating acgvTries||||||593,064|
|16|Analysis ofcash and cash equivalents|||||||
||Cash at bank and in hand|||248,444||(55,231)|193,213|
||Total cash and cash equivalents|||248~||S5831|1$3gt3|
||Anelyshr ofcash and cash equivalents|(prior year)||||||
|||||At the siart of|||Atthe end oi|
|||||the year
f|Cash tkers
6||the year|
||Cash at bank and in hand|||114,366||134,078|248,444|
||Total cash and cash equivalents|||114,366||134,078|248,444|
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