## **St Andrews Youth Development Trust**
**Charity No. 1169855**
**Company No. CE008362**
**Trustees' Report and Unaudited Accounts**
**31 October 2024**
**St Andrews Youth Development Trust Contents**
||Pages||
|---|---|---|
|Trustees' Annual Report||-|
|Independent Examiner's Report||2|
|Statement of Financial Activities||3|
|Summary Income and Expenditure Account||4|
|Balance Sheet||5|
|Statement of Cash flows||6|
|Notes to the Accounts||7|
|Detailed Statement of Financial Activities||8|
Page 1
**St Andrews Youth Development Trust Trustees Annual Report**
## St Andrews Youth Devept Art and Culture
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 October 2024.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Company No. CE008362**
## **Charity No. 1169855**
## **Principal Office**
Frampton Park Baptist Church Community Centre Frampton Park Road London E9 7PQ
## **Registered Office**
19 Morpeth Road Hackney London E9 7LD
## **Directors and Trustees**
The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:
C. FAROUK-ALHASSAN
Q.A. AGBOOLA
S.L. WALKER
## **Key Management Personnel**
KMP Name 1 KMP 2 KMP Name 2 KMP 3 KMP Name 3 KMP 4 KMP Name 4 KMP 5 KMP Name 5
## **Accountants**
Julius and Julius and Associates LLP 70 Clapton Square London E5 8HW
## **Bankers**
TSB Bank 404 Bethnal , Green London
Page 2
**St Andrews Youth Development Trust Trustees Annual Report**
E2 0AH Address Line 5
## **Solicitors**
Address Line 5
## **Investment Advisors**
Address Line 5
## **OBJECTIVES AND ACTIVITIES**
TO ACT AS A RESOURCE FOR CHILDREN AND YOUNG PEOPLE AGED 6-18;ADVANCING IN LIFE AND HELPING YOUNG PEOPLE BY DEVELOPING THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS INDEPENDENT, MATURE AND RESPONSIBLE INDIVIDUALS;ADVANCING EDUCATION;PROVIDING RECREATIONAL AND LEISURE TIME ACTIVITIES IN THE INTEREST OF SOCIAL WELFARE, DESIGNED TO IMPROVE THEIR CONDITIONS OF LIFE
ACTIVITIES INCLUDE SPORT, HEALTH & WELL BEING; CREATIVE & DIGITAL MEDIA; MUSIC & FASHION;,ABA BOXING
ST ANDREWS YOUTH DEVELOPMENT TRUST ACT AS RESOURSE FOR CHILDREN FREE OF CHARGE
A larger charity must provide an explanation of its aims, including details of the issues it seeks to tackle and the changes or differences it seeks to make through its activities...
A larger charity must provide an explanation how the achievement of its aims will further its legal purposes...
A larger charity must provide an explanation of its strategies for achieving its stated aims and objectives...
A larger charity must provide an explanation of its criteria or measures it uses to assess success in the reporting period...
A larger charity should provide a more detailed explanation of its short-term and long-term aims and objectives...
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).
Signed on behalf of the board
Q.A. AGBOOLA Trustee 31 October 2024
Page 3
**St Andrews Youth Development Trust Independent Examiners Report**
## **Independent Examiner's Report to the trustees of St Andrews Youth Development Trust**
I report to the charity trustees on my examination of the financial statements of St Andrews Youth Development Trust for the year ended 31 October 2024.
## **Responsibilities and basis of report**
As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act.
Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
As the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ACA/ICAEW, which is one of the listed bodies.
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe:
- accounting records were not kept in accordance with section 386 of the 2006 Act ; or
- the financial statements do not accord with those records; or
- the financial statements do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination; or
- the financial statements 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).
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 financial statements to be reached.
Anthony Faleye ACA/ICAEW Julius and Julius and Associates LLP 70 Clapton Square London
E5 8HW 31 October 2024
Page 4
**St Andrews Youth Development Trust Statement of Financial Activities**
## **for the year ended 31 October 2024**
|**Unrestricted**
**funds**
**2024**
**Notes**
**£**
**Income and endowments**
**from:**
Donations and legacies
4
77,777
Charitable activities
5
77,409
Other activities
6
18,800
Other
7
-
**Total**
173,987
**Expenditure on:**
Charitable activities
8
30,000
Other
9
94,429
**Total**
124,429
Net gains on investments
-
**Net income**
10
49,558
Transfers between funds
-
**Net income before other**
**gains/(losses)**
49,558
**Other gains and losses**
**Net movement in funds**
49,558
**Reconciliation of funds:**
Total funds brought forward
40,394
**Total funds carried forward**
89,952|**Unrestricted**
**funds**
**2024**
**Notes**
**£**
**Income and endowments**
**from:**
Donations and legacies
4
77,777
Charitable activities
5
77,409
Other activities
6
18,800
Other
7
-
**Total**
173,987
**Expenditure on:**
Charitable activities
8
30,000
Other
9
94,429
**Total**
124,429
Net gains on investments
-
**Net income**
10
49,558
Transfers between funds
-
**Net income before other**
**gains/(losses)**
49,558
**Other gains and losses**
**Net movement in funds**
49,558
**Reconciliation of funds:**
Total funds brought forward
40,394
**Total funds carried forward**
89,952|**Restricted**
**funds**
**2024**
**£**
41,390
36,875
16,000
-|**Endowment**
**funds**
**2024**
**£**
-
-
16,000
-|**Total funds**
**2024**
**£**
119,167
114,284
50,800
-|**Total funds**
**2023**
**£**
21,945
74,657
-
1,000|
|---|---|---|---|---|---|
|||94,264
-
-|16,000
-
-|268,251
30,000
94,429|97,602
20,000
37,208|
||124,429
-|-
-|-
-|124,429
-|57,208
-|
|||94,264
-|16,000
-|159,822
-|40,394
-|
||49,558|94,264|16,000|159,822|40,394|
||49,558
40,394|94,264
51,064|16,000
-|159,822
91,458|40,394
51,064|
||89,952|145,328|16,000|251,280|91,458|
Page 5
**St Andrews Youth Development Trust Summary Income and Expenditure Account**
## **for the year ended 31 October 2024**
|Income
**Gross income for the year**
Expenditure
Depreciation and charges for
impairment of fixed assets
**Total expenditure for the year**
Net income before tax for the year
**Net income for the year**|**2024**
**£**
268,251
268,251
112,616
11,813
124,429
143,822
143,822|**2023**
**£**
97,602|
|---|---|---|
|||97,602|
|||57,208
-|
|||57,208|
|||40,394|
|||40,394|
Page 6
**St Andrews Youth Development Trust Balance Sheet**
## **at 31 October 2024**
|**Company No.**
**CE008362**
**Notes**
**2024**
**£**
**Fixed assets**
Tangible assets
12
35,438
35,438
**Current assets**
Cash at bank and in hand
350,441
350,441
**Creditors:**Amount falling due within one year
13
1
**Net current assets**
350,442
**Total assets less current liabilities**
385,880
**Creditors:**Amounts falling due after more than one year
14
(150,600)
**Net assets excluding pension asset or liability**
235,280
**Total net assets**
235,280
**The funds of the charity**
**Restricted funds**
15
Endowment funds
16,000
Restricted income funds
129,328
145,328
**Unrestricted funds**
15
General funds
89,952
89,952
**Reserves**
15
**Total funds**
235,280|**2023**
**£**
24,000|
|---|---|
||24,000
206,270|
||206,270
-|
||206,270
230,270
(138,812)|
||91,458|
||91,458|
||-
51,064|
||51,064
40,394|
||40,394|
||91,458|
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
For the year ended 31 October 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 31 October 2024
And signed on its behalf by:
Q.A. AGBOOLA
Trustee
31 October 2024
Page 7
**St Andrews Youth Development Trust Statement of Cash flows for the year ended 31 October 2024**
|**Cash flows from operating activities**
**Net income per Statement of Financial Activities**
**Adjustments for:**
Depreciation of property, plant and equipment
Other gains/losses
Increase in trade and other payables
**Net cash provided by operating activities**
**Cash flows from investing activities**
Payments for property, plant and equipment
**Net cash used in investing activities**
**Net cash from financing activities**
**Net increase in cash and cash equivalents**
**Cash and cash equivalents at the beginning of the year**
**Cash and cash equivalents at the end of the year**
**Components of cash and cash equivalents**
Cash and bank balances|**2024**
**£**
159,822
11,813
-
11,788
183,423
(23,251)
(23,251)
-
160,172
206,270
366,442
350,441
350,441|**2023**
**£**
40,394
-
-
68,212|
|---|---|---|
|||107,606
(24,000)|
|||(23,000)|
||||
|||-|
||||
|||84,606|
|||121,664|
|||206,270|
||||
|||206,270|
||||
|||206,270|
Page 8
**St Andrews Youth Development Trust Notes to the Accounts**
## **for the year ended 31 October 2024**
- 1 **Accounting policies**
## **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) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Change in basis of accounting or to previous accounts**
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
## **Fund accounting**
- Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
- Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
- Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
## **Income**
- Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
- Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
- Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 9
**St Andrews Youth Development Trust Notes to the Accounts**
## **Expenditure**
- Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
- Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
- Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
- Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
- Other expenditure These are support costs not allocated to a particular activity.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Freehold investment property**
Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.
## **Stocks**
Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.
## **Trade and other 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 trade discounts due.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
## **Trade and other creditors**
Short term creditors are measured at the transaction price. Other 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 discounts due.
Page 10
**St Andrews Youth Development Trust Notes to the Accounts**
## **Research and development**
Expenditure on research and development is written off in the year in which it is incurred.
## **Foreign currencies**
Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period.
Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.
All exchange differences are are taken into account in arriving at net income/expenditure.
## **Leased assets**
Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.
Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
## **Pension costs**
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
## **Receipt of donated goods, facilities and services**
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
## 2 **Company status**
The company is a private company limited by guarantee and consequently does not have share capital.
Page 11
**St Andrews Youth Development Trust Notes to the Accounts**
## 3 **Statement of Financial Activities - prior year**
|**Income and endowments from:**
Donations and legacies
Charitable activities
Other
**Total**
**Expenditure on:**
Charitable activities
Other
**Total**
**Net income**
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
4
**Income from donations and legacies**
South Hackney Parochial
Charity Grant
London Borough of Tower
Hamlets
London Community
Foundation
ESC Lottery|**Unrestricted**
**£**
12,509
54,613
8,000
2,656
77,777|**Unrestricted**
**funds**
**2023**
**£**
27,884
68,718
1,000
97,602
-
37,208
37,208
60,394
60,394
60,394
-
60,394
**Restricted**
**£**
5,361
23,405
2,000
10,623
41,390|**Restricted**
**funds**
**2023**
**£**
-
-
-
-
20,000
-
20,000
(20,000)
(20,000)
(20,000)
51,064
31,064
**Total**
**2024**
**£**
17,870
78,018
10,000
13,279
119,167|**Total funds**
**2023**
**£**
27,884
68,718
1,000|
|---|---|---|---|---|
|||||97,602
20,000
37,208|
|||||57,208|
|||||40,394|
|||||40,394|
|||||40,394
51,064|
|||||91,458|
|||||**Total**
**2023**
**£**
7,230
14,715
-
-|
|||||21,945|
Page 12
**St Andrews Youth Development Trust**
## **Notes to the Accounts**
|5
**Income from charitable activities**
London Borough of Hackney
London Borough Enfield
St Elizabeth Primary
School-donation for coaching
Victoria Park FC
6
**Income from other trading activities**
**Unrestricted**
**£**
East End Community
Foundation
10,000
Feeding Britain
4,800
National Lottery Awards for
All
4,000
18,800
7
**Other income**
8
**Expenditure on charitable activities**
_Expenditure on charitable_
_activities_
London Borough Enfield
_Governance costs_|**Unrestricted**
**£**
55,265
18,793
2,285
1,066
77,409
**Restricted**
**£**
-
-
16,000
16,000|**Restricted**
**£**
13,816
18,793
-
4,266
36,875
**Endowment**
**£**
-
-
16,000
16,000
**Unrestricted**
**£**
30,000
30,000|**Total**
**2024**
**£**
69,081
37,586
2,285
5,332
114,284
**Total**
**2024**
**£**
10,000
4,800
36,000
50,800
**Total**
**2024**
**£**
-
-|**Total**
**2023**
**£**
49,580
19,138
-
5,939|
|---|---|---|---|---|
|||||74,657|
|||||**Total**
**2023**
**£**
-
-
-|
|||||-|
|||||**Total**
**2023**
**£**
1,000|
|||||1,000|
||||||
||||**Total**
**2024**
**£**
30,000
30,000|**Total**
**2023**
**£**
20,000|
|||||20,000|
Page 13
**St Andrews Youth Development Trust Notes to the Accounts**
## 9 **Other expenditure**
|Employee costs
Motor and travel costs
Amortisation, depreciation,
impairment, profit/loss on
disposal of fixed assets
General administrative costs
Legal and professional costs
10 **Net income before transfers**
This is stated after charging:
Depreciation of owned fixed assets
11 **Staff costs**
Salaries and wages
No employee received emoluments in excess of £60,000.
12 **Tangible fixed assets**
**Cost or revaluation**
At 1 November 2023
Additions
At 31 October 2024
**Depreciation and**
**impairment**
Depreciation charge for the
year
At 31 October 2024
**Net book values**
At 31 October 2024
At 31 October 2023
13 **Creditors:**
amounts falling due within one year
Accruals|**Unrestricted**
**£**
45,686
1,843
11,813
34,487
600
94,429
**2024**
**£**
11,813
**2024**
-
-
**2024**
**£**
(1)
(1)|**Total**
**2024**
**£**
45,686
1,843
11,813
34,487
600
94,429
**£**
24,000
23,251
47,251
11,813
11,813
35,438
24,000|**Total**
**2023**
**£**
21,505
1,673
-
13,430
600|
|---|---|---|---|
||||37,208|
||||**2023**
**£**
-
**2023**
15,980|
||||15,980|
||||**£**
24,000
23,251|
||||47,251|
||||11,813|
||||11,813|
||||35,438|
||||24,000|
||||**2023**
**£**
-|
||||-|
Page 14
**St Andrews Youth Development Trust Notes to the Accounts**
## 14 **Creditors:**
|amounts falling due after more than one year
Accruals
Deferred income
15 **Movement in funds**
**At 1**
**November**
**2023**
**Restricted funds:**
**Endowment funds:**
-
_Total_
-
**Restricted income funds:**
51,064
-
-
-
-
-
-
_Total_
51,064
**Unrestricted funds:**
**General funds**
40,394
**Total funds**
91,458
16 **Analysis of net assets between funds**
Fixed assets
Net current assets
Creditors due in more than one year and
provisions|**2024**
**£**
600
150,000
150,600
**Incoming**
**resources**
**(including**
**other**
**gains/losses**
**)**
**£**
16,000
16,000
5,361
23,405
2,000
10,623
13,816
18,793
4,266
78,264
173,987
268,251
**Unrestricted**
**funds**
**£**
-
256,178
(150,600)
105,578|**Resources**
**expended**
**£**
-
-
-
-
-
-
-
-
-
-
(124,429)
(124,429)
**Restricted**
**funds**
**£**
35,438
94,264
-
129,702|**2023**
**£**
600
138,212|
|---|---|---|---|
||||138,812|
||||**At 31**
**October**
**2024**
**£**
16,000|
||||16,000|
||||56,425
23,405
2,000
10,623
13,816
18,793
4,266|
||||129,328|
||||89,952|
||||235,280|
||||**Total**
**£**
35,438
350,442
(150,600)|
||||235,280|
Page 15
**St Andrews Youth Development Trust Notes to the Accounts**
## 17 **Reconciliation of net debt**
|**Reconciliation of net debt**||||
|---|---|---|---|
|Cash and cash equivalents
Net debt|**At 1**
**November**
**2023**
**£**|**Cash flows**
**£**|**At 31**
**October**
**2024**
**£**|
||206,270|144,171|350,441|
||206,270
206,270|144,171
144,171|350,441|
||||350,441|
## 18 **Related party disclosures**
_**Controlling party**_
Page 16
**St Andrews Youth Development Trust Detailed Statement of Financial Activities**
## **for the year ended 31 October 2024**
|**Income and endowments from:**
Donations and legacies
South Hackney Parochial Charity
Grant
London Borough of Tower Hamlets
London Community Foundation
ESC Lottery
Charitable activities
London Borough of Hackney
London Borough Enfield
St Elizabeth Primary
School-donation for coaching
Victoria Park FC
Other activities
East End Community Foundation
Feeding Britain
National Lottery Awards for All
Other
**Total income and endowments**
**Expenditure on:**
Charitable activities
London Borough Enfield
**Total of expenditure on charitable**
**activities**
Employee costs
Salaries/wages
Staff entertainment
Staff recruitment
Staff training
Motor and travel costs
Travel and subsistence|**Unrestricte**
**d funds**
**2024**
**£**
12,509
54,613
8,000
2,656
77,777
55,265
18,793
2,285
1,066
77,409
10,000
4,800
4,000
18,800
-
-
173,986
30,000
30,000
30,000
-
45,686
-
-
45,686
1,843
1,843|**Restricted**
**funds**
**2024**
**£**
5,361
23,405
2,000
10,623
41,390
13,816
18,793
-
4,266
36,875
-
-
16,000
16,000
-
-
94,265
-
-
-
-
-
-
-
-
-
-|**Endowment**
**funds**
**2024**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
16,000
16,000
-
-
16,000
-
-
-
-
-
-
-
-
-
-|**Total funds**
**2024**
**£**
17,870
78,018
10,000
13,279
119,167
69,081
37,586
2,285
5,332
114,284
10,000
4,800
20,000
34,800
-
-
268,251
30,000
30,000
30,000
-
45,686
-
-
45,686
1,843
1,843|**Total funds**
**2023**
**£**
7,230
14,715
-
-|
|---|---|---|---|---|---|
||||||21,945|
||||||49,580
19,138
-
5,939|
||||||74,657|
||||||-
-
-|
||||||-|
||||||1,000|
||||||1,000|
||||||97,602
20,000|
||||||20,000|
||||||20,000
15,980
5,463
13
49|
||||||21,505|
||||||1,673|
||||||1,673|
Page 17
**St Andrews Youth Development Trust Detailed Statement of Financial Activities**
## General administrative costs,
including depreciation and
|amortisation
Depreciation of
Bad debts
Equipment expensed
Equipment leasing and hire
charges
Equipment repairs and
maintenance
Exchange rate (gain)/loss
General insurances
Software, IT support and related
costs
Sundry expenses
Legal and professional costs
Accountancy and bookkeeping
**Total of expenditure of other costs**
**Total expenditure**
Net gains on investments
**Net income**
**Net income before other**
**gains/(losses)**
Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|11,813
-
-
4,200
1,350
2,690
-
5,320
20,927
46,300
600
600
94,429
124,429
-
49,557
49,557
-
49,557
40,394
89,951|-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
94,265
94,265
-
94,265
51,064
145,329|-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
16,000
16,000
-
16,000
-
16,000|11,813
-
-
4,200
1,350
2,690
-
5,320
20,927
46,300
600
600
94,429
124,429
-
159,822
159,822
-
159,822
91,458
251,280|-
200
370
5,700
652
1,101
77
5,330
-|
|---|---|---|---|---|---|
||||||13,430|
||||||600|
||||||600|
|||||||
||||||37,208|
||||||57,208
-|
||||||40,394|
||||||40,394
-|
||||||40,394|
||||||51,064|
||||||91,458|
Page 18