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||||||Page|
|---|---|---|---|---|---|
|Trustees'
annual
report (incorporating||the|director's|report)||
|Independent
examiner's
report to the||trustees||||
|Statement
offinancial
activities|(including||income and|||
|expenditure
account)||||||
|Statement
offinancial
position|||||10|
|Statement
ofcash flows||||||
|Notes to the financial
statements|||||13|
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|Reference||and administrative|and administrative|and administrative|details||||
|---|---|---|---|---|---|---|---|---|
|Registered||charity|name||Lambton|Street Youth tt Community||HUB|
|Charity registration|||number||1171698||||
|Company||registration||number|09366492||||
|Principal|office and||registered||25 Falkland||Road||
|office|||||Sunderland||||
||||||SR46XA||||
|The trustees|||||||||
|G Bunting|||||||||
|A Callaghan|||||(Resigned||9..05.21)||
|A Brewis|||||||||
|A M Richardson
PJ Burnip|||||(Resigned||9.05.21)||
|D N Sheriff|||||||||
|J Ford|||||||||
|Accountants|||||Censis||||
||||||Chartered|accountant|||
||||||Exchange|Building|||
||||||66 Church||Street||
||||||Hartlepool||||
||||||TS24 7DN||||
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|||||||2021||2020|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|||
||||||funds|funds|Totalfunds|Total funds|
|||||Note|6|6||6|
|Income and endowments|||||||||
|Donations
and legacies
Chaiitable
activities
Investment
income||||5
6
7|67,799
33,854
2,652|44,582
4,444|112,381
38,298
2,652|84,291
70,184
4,856|
|Total income|||||104,305|49,026|153,331|159,331|
|Expenditure|||||||||
|Expenditure
on charitable||activities||8|102,121|27,764|129,885|172,878|
|Total expenditure|||||102,121|27,764|129,885|172,878|
|Net income/(expenditure)|||||2,184|21,262|23,446|(13,547)|
|Other recognised|gains|and|losses||||||
|Gains/(losses)
from|revaluation||offixed||||||
|assets|||||13,565||13,565|(880)|
|Net movement
in funds|||||15,749|21,262|37,011|(14,427)|
|Reconciliation
offunds|||||||||
|Total funds brought|forward||||345,412|172,324|517,736|532,163|
|Total funds carried|forward||||361,161|193,586|554,747|517,736|
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|31 March 2021|||||||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||||8||
|Fixed assets|||||||
|Tangible fixed assets||||13|183,910|194,488|
|Investments||||14|85,370|71,805|
||||||269,280|266,293|
|Current assets|||||||
|Debtors||||15|4,409|1,345|
|Cash at bank and|in|hand|||284,622|254,094|
||||||289,031|255,439|
|Creditors: amounts||falling due within one year||16|3,564|3,996|
|Net current assets|||||285,467|251,443|
|Total assets less|current liabilities||||554,747|517,736|
|Net assets|||||554,747|517,736|
|Funds ofthe charity|||||||
|Restricted funds|||||193,586|172,324|
|Unrestricted
funds:|||||||
|Revaluation|reserve||||67,460|53,895|
|Other unrestricted|||income funds||293,701|291,517|
|Total unrestricted|funds||||361,161|345,412|
|Total charity funds||||18|554,747|517,736|
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|Year ended 31 March 2|021|||||
|---|---|---|---|---|---|
|||||2021|2020|
|||||8|F|
|Cash flows from operating|activities|||||
|Net income/(expenditure)||||23,446|(13,547)|
|Adjustments
for:||||||
|Depreciation
oftangible fixed|assets|||10,578|11,596|
|Other interest receivable
and|similar income|||(2,652)|(4,856)|
|Accrued (income)/expenses||||(3,865)|986|
|Changesin:||||||
|Trade and other debtors||||418|1,413|
|Trade and other creditors||||(49)|(1,355)|
|Cash generated
from operations||||27,876|(5,763)|
|Interest received||||2,652|4,856|
|Net cash from/(used
in) operating||activities||30,528|(907)|
|Net increase/(decrease)
in|cash|and cash|equivalents|30,528|(907)|
|Cash and cash equivalents|at beginning||ofyear|254,094|255,001|
|Cash and cash equivalents|at end ofyear|||284,622|254,094|
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|Donations
and le|gacies
(continued)||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds
f|Funds
F|2021
f|
|Donations|||||
|Donations||711||711|
|Grants|||||
|Sunderland
City Council|||320|320|
|BBCChildren
In Need|||9,982|9,982|
|BGLGroup||2,000||2,000|
|Garfield Weston||5,000||5,000|
|Youth Investment|Fund||8,818|8,818|
|Awards
for All|||8,855|8,855|
|Small Business Rates Relief||25,000||25,000|
|Job Retention Scheme||35,088||35,088|
|Community
Fund|||10,000|10,000|
|Gentoo Aspire|||497|497|
|Rise North East|||2,810|2,810|
|SirJohn Priestman|||3,300|3,300|
|||67,799|44,582|112,381|
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||||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|---|
||||Funds
F|Funds
f|2020
f|
|Donations||||||
|Donations|||7,480||7,480|
|Grants||||||
|BBCChildren
In Need
Kans 8 Kandy
Youth Investment
Fund
Sunderland
City Council
Sunderland
Community
Carbon Trust|- Holiday
Chest|Hunger|900|9,800
5,000
27,068
12,428
2,964|9,800
5,000
27,068
12,428
2,964
900|
|Ballinger Trust
Boxing Section
Street Danze
Sir John Priestman||||10,000
2,859
2,492
3,300|10,000
2,859
2,492
3,300|
||||8,380|75,911|84,291|
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|Charitable
activities||||
|---|---|---|---|
||Unrestricted|Restricted|Total Funds|
||Funds
f|Funds
F|2021
f|
|Lambton - Street Dance
West Area Youth Activities
Room hire
Subscriptions
Other|1,000
27,523
4,144
656|2,048|1,000
2,048
27,523
4,144
656|
|Good Vibes
Tuck Shop|531|2,396|2,396
531|
||33,854|4,444|38,298|
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|Charitable
activities
(con(mund)||||
|---|---|---|---|
||Unrestricted|Restricted|Total Funds|
||Funds
F|Funds
f|2020|
|Lambton - Street Dance|942||942|
|Room hire|42,081||42,081|
|Subscriptions|21,448||21,448|
|Training|1,188||1,188|
|Other|1,988||1,988|
|Tuck Shop|2,537||2,537|
||70,184||70,184|
##
||||Unrestricted|Total|Funds|Unrestricted|Total|Funds|
|---|---|---|---|---|---|---|---|---|
||||Funds
f||2021
f|Funds
f||2020|
|Bank|interest|receivable|28||28||||
|Other|interest|receivable|2,624||2,624|4,856||4,856|
||||2,652||2,652|4,856||4,856|
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|||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|
|||Funds
f|Funds|2021
f|
|General Fund
Kans Kandy
West Area Youth Activities
Ballinger Trust
BBCChildren
In Need
Leasehold
Improvements
SIBMinibus||102,121|2,500
2,048
1,667
3,448
2,000
563|102,121
2,500
2,048
1,667
3,448
2,000
563|
|Youth Investment
Fund|||568|568|
|Awards For All
Sir John Pdiestman
Good Vibes Project
Community
Foundation
Sunderland
CC Basketball|||5,036
1,521
2,396
5,834
183|5,036
1,521
2,396
5,834
183|
|||102,121|27,764|129,885|
|||Unrestncted|Restricted|Total Funds|
|||Funds
F|Funds|2020
f|
|General
Fund
Kans Kandy
Ballinger Trust
BBCChildren
In Need
Leasehold
Improvements
SIBMinibus||89,395|2,500
8,333
2,275
2,000
751|89,395
2,500
8,333
2,275
2,000
751|
|Youth Investment
Fund
Awards For All|||27,822
7,990|27,822
7,990|
|Holiday
Hunger
Fund
SirJohn Priestman
Small Grants|||13,503
3,263
15,046|13,503
3,263
15,046|
|||89,395|83,483|172,878|
|Net income/(expenditure)|||||
|Net income/(expenditure)|is stated after|charging/(crediting):|||
||||2021
f|2020
F|
|Depreciation
oftangible|fixed assets||10,578|11,596|
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|Independent|examinatio|n
fees||||
|---|---|---|---|---|---|
|||||2021
f|2020
f|
|Fees payable|to the independent||examiner for:|||
|Independent|examination|ofthe|financial statements|900|900|
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|Staffcosts||||||
|---|---|---|---|---|---|
|The total staff costs and|employee|benefits for the reporting|period|are analysed as|follows:|
|||||2021
f|2020
f|
|Wages and salaries||||85,397|80,409|
|Social security costs||||4,477|4,490|
|Employer contributions|to pension|plans||1,257|2,554|
|||||91,131|87,453|
|The average|head|count ofemployees|count ofemployees|during the year was 13(2020:9).The average|number|of|
|---|---|---|---|---|---|---|
|full-time
equivalent||employees|during|the year is analysed as follows:|||
|||||2021|2020||
|||||No.|No.||
|Charitable
activities||||12||8|
|Management|&administration|||1||1|
|||||13||9|
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|13.|Tangible fixed assets|||||
|---|---|---|---|---|---|
|||Long||||
|||leasehold|Fixtures and|Motor||
||Cost|property
F|fittings
F|vehicles
f|Total
6|
||At 1 April 2020 and 31 March 2021|200,000|72,256|30,000|302,256|
||Depreciation|||||
||At 1 April 2020
Charge for the year|36,000
2,000|44,020
8,015|27,748
563|107,768
10,578|
||At 31 March 2021|38,000|52,035|28,311|118,346|
||Carrying
amount|||||
||At 31March 2021|162,000|20,221|1,689|183,910|
||At 31 March 2020|164,000|28,236|2,252|194,488|
|14.|Investments|||||
||Other|
|---|---|
||investments|
|Cost orvaluation||
|At 1 April 2020
Additions|71,805|
|Fair value movements|13,565|
|At 31 INarch 2021|85,370|
|Impairment||
|At 1 April 2020 and 31 INarch 2021||
|Carrying
amount||
|At 31 March 2021|85,370|
|At 31 March 2020|71,805|
##
|All investments
Debtors|shown above are held at valuation.|||
|---|---|---|---|
|||2021|2020|
||||F|
|Trade debtors||200|620|
|Prepayments
Other debtors|and accrued income|4,109
100|625
100|
|||4,409|1,345|
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|Creditors: amounts
f|alling due within one year|||
|---|---|---|---|
|||2021|2020|
|||8||
|Trade creditors||90|104|
|Accruals and deferred|income|1,651|2,034|
|Social security and other taxes||1,125|1,160|
|Other creditors||698|698|
|||3,564|3,996|
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||||At|||Gains and At 31Ilarch|Gains and At 31Ilarch|
|---|---|---|---|---|---|---|---|
||||1 Apdil 2020
f|Income
E|Expenditure
E|losses|2021
E|
|General|fund||174,533|104,305|(102,121)||176,717|
|Revaluation||reserve|53,895|||13,565|67,460|
|Replacement||Minibus|36,800||||36,800|
|Replacement||of||||||
|inefficient|heating|||||||
|system|||15,184||||15,184|
|Purpose|built studio||65,000||||65,000|
||||345,412|104,305|(102,121)|13,565|361,161|
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||||At|||Gains and|At 31 March|
|---|---|---|---|---|---|---|---|
||||1 April 2020
E|Income|Expenditure|fosses
f|2021|
|BBCChildren|In Need||7,525|9,982|(3,448)||14,059|
|Awards
for All||||8,855|(5,036)||3,819|
|Kans Kandy|||2,500||(2,500)|||
|West Area Youth||||||||
|Activities||||2,048|(2,048)|||
|Small Grants|||888||||888|
|Leasehold||||||||
|Improvements
SIBMinibus
Ballinger Trust|||164,000
2,252
1,667||(2,000)
(563)
(1,667)||162,000
1,689|
|Youth Investment||Fund|(8,250)|8,818|(568)|||
|SirJohn Priestman
Good Vibes Project|||1,742|3,300
2,396|(1,521)
(2,396)||3,521|
|Community
Foundation
Rise North East||||10,000
2,810|(5,834)||4,166
2,810|
|Sunderland
CC||||||||
|Basetball||||320|(183)||137|
|Gentoo Aspire|Grant|||497|||497|
||||172,324|49,026|(27,764)||193,586|
|Analysis ofnet assets between funds||||||||
|||||Unrestricted|Restricted|Total Funds|Total Funds|
|||||Funds|Funds|2021|2020|
|||||E|6|6|F|
|Tangible fixed|assets|||20,221|163,689|183,910|194,488|
|Investments||||85,370||85,370|71,805|
|Current assets||||259,134|29,897|289,031|255,439|
|Creditors less|than|1 year||(3,564)||(3,564)|(3,996)|
|Net assets||||361,161|193,586|554,747|517,736|
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