Charity Regisliab"on No. 1174888 Company Registratn No. CE012369 IEngJaTrJ and Wales) Durham Area Youth Unaudited Financial Statements For the period ending 31 st March 2024
Durham Area Youth For the period ending 31st March 2024 Legal and administrative information Trustees S Penhall C Flelcher D Hall J Steer L Hinds (appointed 4 May 2023) J Young lappoinled 4 May 20231 l Lindsey lappoinled 4 May 20231 S Liddell lappoinled 4 May 20231 M Husband lappoinled 4 May 20231 V Wharton (resigned Augusl 20231 A Rosindale (resigned August 20231 Company number CE012369 Charity number 1174888 Reglstered offlce Sherburn Hill Community Hub Front Street Sherburn Hill Durham DH6 1PA
Durham Area Youth For the period ending 31st March 2024 Contents Trustees r8POrt - 4 Slatement of financial activities - 9 Balance sh8el- 10 Notes to the financial statements - 12
Durham Area Youth For the period ending 31 st March 2024 Trustees report Achievements and Performance Youth Provlslon Durham Area Youth IDAYI provides youth work to Gurrenlly over 500 young people aged between 6 - 18 in Ihe area5 of Wesl Rainlon, Pillinglon, Sherburn, Sherburn Hill, Great Lumley. Bournmoor and Belmont within County Durham. Based from community hubs and local facilities we ensure our youth and community work is 'on their turf engaging yOLtng people in areas we can leach them. We provide the followlng direct support.. Centre Based Youth Work126 hours per week, 5 evenings in 6 locations),. Within these sessions we deliver specific intervention support around physical, emotional and mental wellbeing, healthy relationships, local culture and hislory. creativity Ihrough the arts, LGBTQ awareness and volunteering, We have a young volunteer program for young people aged 11-18, currently working wilh 62 young volunteers. This provides Iraining and mentoring allowing them lo grow in confidence, leadership and teamwork. This also feeds into our youth forum which provides young people wilh a space to inform the delivery of our services and design Intervention programme$ relevant for Ihelr needs. Culture.. During the period of this report young people have been gelling involved in a range of different cultural days and using their crealivily alongside these days wilhir) crafts. They have been involved in Halloween,. Bonfire Night; Trustee Week,. Remembrance Day., Christmas,. Chinese New Year., Valentine's Day,. Pancake Day,. Easter., Mental Health Month.. Pride Month,. Volunteer Week. rious s During the period of this report young people have had the opportunity to gel involved in a range of different sports Within their weekly sessions across all of our vlllages. Young people have pushed themselves and engaged in sports they usually don't participate in. They have WOTked together as a team and supported each other whilsl learning new skills. They have been involved in a range of different sports such as dodgeball, tennis, badminton, hockey, handball, boxing, and cricket. They have been open lo lrying new variations such as playing crab football instead of normal football. This has allowed them to understand, learn and follow new rules.
Durham Area Youth For the period ending 31 st March 2024 Year in Numbers between 1st A ril 2023 and 31$1 March 2024 561 young people in contact with DAY 134 new starters 267 young people regularly attend weekly sessions 417 session5 delivered 62 young people volunteering at one off events 15 regular volunteers formally inducted into DAY'S volunteer programme Youth Volce Our Youlh Forum. which was established in 2018, has been working as a group, holding monthly meetings lo lake part in discussions and lake action in decision making. There has been a shift within the group this year, as there have been re-elections for a new Chair and Vice Chair. Young people have changed roles and new members have been brought on lo the Forum. Over the last 12 months they have continued lo develop 8$ a group and widen the young person's voice. This year's SUCSseS include.. Helped lo shape DAY'5 Celebration Awards Event for 2023 and plans for 2024 Members taking lead on their own community fundraising event, raising over £1,000 coll&clively Attended Durham Miners, Gala lo represent Sherburn Banner Group Attended Durham Pride, celebrating equality and running their own stall Involved in DAY'S future strategy, having a voice on the direcllon of the organisalion Encouraged over 140 young people lo vole in the re-elections of the youth forum Young Volunteer8 Our young volunle6r programme has masslvely improved and Seen a positive irnpacl within our organisalion, as more young people are seeing the true value and benefit of being a volunteer within sessions and during community events. Young volunteers are given the opportunity to explore their interests, build Confiden and gain experience working with younger children.
Durham Area Youth For the period ending 31 st March 2024 This year's successes include.. 62 young people volunteering at one off events with 15 regular volunteers formally inducted into DAY'S volunteer programme Supported 12 community events across five villages 280 hours of volunteering in the community Supported eight weeks of DAY'S school holiday programme across three villages WON Social Action Project of the Year al the NE Youth Projects with Pride Awards Helped at the Dementia Friendly Group in West Rainlon, talking lo community members and planting Hosted a social action workshop al the Durham Youth Network Conference Mental Health Support Working in partnership with Live Well North East, young people aged 6-16 years from Sherburn Hill and Wesl Rainton were involved in a range of different activities around their mental health. They were involved in activities and medilalion, around boosting their wellbeing. leaming different breathing techniques, and coping mechanisrns. They have take part in physical activities such as boxercise lo bum off energy and gel their bodies moving. These sessions have largeled the different age groups and their needs, around talking about different emotions and how they feel and giving them advice if they are feeling low. Suicide Prevention Mental Health Campalgn Video Young people had the opportunity lo gel involved in creating and taking part in a mental health suicide awareness campaign video. This allowed young people to gel involved on camera and behind the scenes. where they learnt how lo use specialist camera and sound equipment. This video aimed lo show the impact of mental health and to raise awareness. Healthy Relationships A new project. Healthy Relationships started this year largeling the ages of 12+ years. This project is aimed al young people across all of our villages allowing young people lo explore and discuss characlerislics of unhealthy and healthy relationships. This will allow young people lo address and gain a better understanding around a range of different topics and issues linked lo relationships and friendships. For example. il will allow young people lo gain a better insight into C-card and the importance of consent. LGBTQ+ This year we continued to support and be involved in Durham Pride. A group of our young people from across all of our villages, along with staff marched and paraded through Durham City Centre with our banner alongside the Durham Miners Association Banner. After the
Durham Area Youth For the period ending 31 st March 2024 parade, young people also volunteered their lime on a stall at pride, taking turns and getting members of the community lo lake part in guessing the name ol the two pride bears. This was great to see so many people gel involved in helping lo raise money, raising awareness and supporting the LGBTQ+ community. Durham Mlner's Assoclatlon - Redhlll's Art Project A group of young people from Pillington, have engaged in workshops in partnership in Redhill's Durham Mining Association. Inspired by the archives of Durham Mining, they have engaged in learning about the mining herilage and history of pil village5 as well as having a voice and expressing themselves and sharing topics they are passionate about. They had the opportunity lo create zines, posters, bags and badges around topics such as mental health, dogs, history, and the environment. Durham Area Youth Celebratlng Young People Awards We came together on Thursday 21 sl March 2024 to celebrate our amazing young people, volunteers, and staff by hosting our second celebration awards evening al Rainlon Arena. This was a great celebration, bringing together young people and their families from across all of our villages. The night consisted of over 200 people celebrating young people's achievements, with eight award categories, music performances by local artists and food. Durham Area Youth's Got Talent In October 2023 we hosted a talent show with 20 young people taking part sharing their lalenl in Singing. dancing and acting. They grew in confidence while rehearsing in sessions and performed In front of 50 friends and family in a fantastic show, This provided the opportunity lo be create through the arts and brought into sessions their p8rsonal interest and passion for creativity. Durham Youth Prlnt Network In October 2023, DAY became one of five anchor organisalions across County Durham as part of Durham Youth Print. We are specifically supporting the network of youth organisations in ad around Durham City. Our role is lo bring colleagues together to explore ways of working lo access training, allowing us lo develop the workforce, explore funding opportvnilies and create a volunteer support programme. Al DAY we are extremely passionate about improving the understanding, recognition and value of youth Work with local government, stakeholders and funders and feel by being part of the youth print movement we can play our role in irnproving access lo youth work for young people. Durham Trallblazer Starting in January 2023 in partnership with Durham City Youth Project we embarked on a pilot project to explore the issues of young people in Durham City Centre. Funded by Durham Police Trailblazer we worked lo gather Information and evidence of the issues
Durham Area Youth For the period ending 31 st March 2024 young people are causing in the centre with vaping, drinking, gangs and anti social behaviour. This involved detached youth work on Friday evenings, in partnership with Durham City Youth Project, the police and local aulhonly. Schools Work Our school project in partnership with NE Youth. IGNITE runs for six weeks, during 4 school temis al Belmont Community School, looking al topics such as positive relationships, making positive choices and mental health & wellbeing. Our aim lor each individual who accesses the programme is that they build on their confidence & sell-esleem, have an increase in seff-awareness, build aspirations through goal.seMing and the ability lo express their emotions in a creative way. In the 202312024 academic year, we delivered four programmes working with up lo 50 students from Belmont Community School. We have developed our parlnership with the school and started successful drop in sessions on a Tuesday and Thvrsday lunch lime which sees youth workers visit the school lo speak with yOLtng people, providing Ihern a space lo share how they are feeling and explore the support available lo them from Durham Area Youth. Partner$hlps We have W0ed with over 40 local partners including parish councils. schools, local aulhorily, police and other charilies. Our most successful paflnerships have Involved new projects for young people focused on mental health. local mining heritage and LGB TQ awareness raising. We are beller ¢onnecled with other youth organisations thanks lo our involvement wilh Durham Youth Print and benefit fiom the role ol anchor organisalion lo strengthen local partnerships both for our benefit bul also the wider youth sector. Based out of local community cenlres we have a close relationship with 6 local Community hubs which we provide support lo the running and upkeep of their facilities allowing young people lo access provision locally and that's affordable. Durham Business Network Joining the Durharn Business network has enabled us lo identify new corporate relationships and partnerships which have resulled in additional sponsorship and increased revenue within our fundraising events. This has been wilh the aim lo widen our income generation and build a stakeholder list that will support our future growth and community outreach proiects. School Hollday Provlslon Thanks to funding from Durham Area Action Partnership's FLtn and Food Grant, we continued lo offer school provision with free school rneals places during February and October half term. Easter and Summer holidays. Every young person receives a healthy breakfast and lunch, as well as snacks throughout the day. Our weeks are always filled with
Durham Area Youth For the period ending 31 st March 2024 a range of fun activities including sports, wellbeing, cooking, crafts, music, team games and enrichment activities. This allows young people lo experience new aclivilie5 whilst rnaking new friends. We developed our provision offer after listening to the idea5 01 the young people, which in 2023 led us lo develop a separate programme for our seniors aged 11-16 years. They wanted more flexibility with the time lo do an evening session, chance lo vary the food they would have and lols of interest in off-site aclivilies. This feedback allowed us to desigrb a well-attended summer programme. which also included free swimming. This summer was the biggest yel with delivery across six villages, working with 306 young people and delivering four weeks, 150 hours of activities and Irips. Summer Outdoor R¢5idential Our first ever residential was possible in summer 2023, due lo fundraising from Sl Chad's College at Durham University. This partnership involved the students working with our young people on Ihe athork for a fashion show before they hosted il for students wilhiri their college. They raised an amazing £10,800, which allows us lo massively subsidise the places. allowing a greater number of our young people lo experience a residential. Fity of our young people, aged ten to 18 years, had the opportunity to go on a Residential Trip lo Weardale Adventure Centre in July. They look part in 8 range of different aclivilies, which included rock climbing, gorge walking, river walking and high ropes. In groups. our young people had fun leaming new skills, working as a team and pushing themselves out of their comfort zones by tackling fears. In the evenings they also look part in a nightline and enjoyed roasting marshmallows around a Campfire. During the residential, young people had the opportunity lo use their voice, sharing their ideas during a workshop around our four-year strategy as an organisalion. They were asked a range of questions such as what is important lo them, what do they like about DAY and what is missing that they would like lo see. They had some great discussions and gave us some feedback, which we will use in our planning. Community Engagement This year we hosted our annual Summer BBQ Bash summer celebration wh8re staff, volunteers, young people, and their families came together lo enjoy food, entertainment and games. It was a great success, with 150 people coming together to help fundraise for DAY and Sherbum Hill Community Hub. The young people enjoyed getting involved in a range of different activities such as tennis. football. face painting, gliller tattoos and having the chance to soak a youth worker, by throwing wet sponges! Young people were also given the opportunity to sing live on the top of a bus which was kindly provided by Fund A Fest CIC. Lunch - A group of young people volunteered their time lo help and support with outdoor games and sports within the village of West Rainton. They took an active role in being involved with their community, with other parents and young people participating in sports such as lug of war, football, rounders, and cricket.
Durham Area Youth For the period ending 31 st March 2024 DAY'S Christmas Pa was held in West Rainton, bringing 80 people together from across different villages, enjoying food, party games and having fun visiting Santa's Grotto! Al the end ol the party everyone gathered outside for the Christmas Tree Light Switch on, everyone was involved and enjoyed counting down together. Award Recognition In 2023, Durham Area Youth was successful with the following awards and nominations.. WINNER- NE Youth Projects with Pride Awards 2023 - Social Action of the Year awarded for the Mental Health Suicide Prevention video. WINNER- High Sheriff Awards 2023- Durham Area Youth awarded the High Sheriff Award in recognition of ils Work in the communities of County Durham and the surrounding areas. WINNER- Durham Youth Council's Young People's Awards 2023 - Stephen Davison - Young People Champion of the Year. Awarded for going above and beyond for young people, highlighting the importance of youth voice wllhin Iheir communities. WINNER- The Northern Echo County Durham Together Awards 2023- Stephen Davison - Unsung Hero Award. Awarded for dedicating all of his tme and energy getting involved in ommunilies and championing young people lo use their voice lo have a positive impact, HIGHLY COMMENDED- North East Charity Awards 2023 - Ourham Area Youth - Small Charity of the Year Governance Recruitment and Appointment of Trustees We appoinled Lucy Hinds. Jess Young, Marc Husband, lain Lindsey and Sarah Liddell as new trustees in May 2023. strategic Review In April 2023 we started a review of our strategic aims and direction for the next 3 years. This was linked lo new board members joir)ing, the upcoming ending of funding cycles and the potential change in political landscape. DAY wanted lo look forward and ensure we are best positioned for the future. In July 2023 we worked wilh young people and staff to gather their views which fed into a strategy day hosted by an external consultant in October 2023. In March 2024 a strategy was agreed which included a clear mission and strategic aims. Mission Empower young people lo make positive change for themselves and their communities through the provision of a young person informed youth setvice. 10
Durham Area Youth For the period ending 31 st March 2024 Empowering positive change by: 1. Young people build trusted relationships with Iheir peers, adu115 and the wider community. 2. Young people become more infofmed during key developmenlal ages. 3. Young people have a sense of purpose and achievement. Strategic Aims Over the nexi three years we will.. conlinue lo provide Inclusive. open access youth provision for ages 6-18, allowing young people to use their voice lo shape and inform the provision of enriching aclivilies. create innovative. largeled, inclusive opportunltles for key Iransitional ages i.e. 10-12 years old 15-18 years enhance service delivery in current geographic areas by increasino activities to meet those communities, needs, considering eqully, diversity and inclusion. strengthen partnerships and nehvorks, countywide. collaborating lo cate greater impact. develop a strong workforce allowing us to be recognised as one of the leading youth organisalions in County Durham build financial and governance sustainablllty develop a culture of learning and irnprovemenl based on 8 deep rooted understsnding of people and place Values Durham Area Youth Is value5 led,. this means we place as much empha515 on HOW we do our work as WHAT we do. We expect that our team of employees, trustees and volunteers dlsplay our values in everything they do.
Durham Area Youth For the period ending 31 st March 2024 Our values are.. W TOGET14EPNess •1 ty•lyP wl %tttk•hold•rs lo rn?k• o dbFl•i•nr•. W¥ ai• T•lirbh. hon•il lind Ironpai•nl kn •v•pyihkng d¢ W• or Iiull and 1iu¥Twfith W• ai• lion•il.op•n W• TRUST W• valu• AVTHENTiorY W• vDIw4 EMPTHEllC COWVF$ArioNs Al th• h•ufl ol whul do li •orh oih•t ond th• comThunlll•s w• Iv• W• wolv• eMpowERMENT • Dll b• wnpow•i•d. W• ai• AGILE W• ot• ¢ln11Y •¥olvhg our appioach and thinkknu lo d•11[ th• b••1 w• con. W• b•lho lh• wy b•1 pro1•501 and o lol• WKd•l for th• wctoi. W• tst• *thA11710VS Flnanclal Revlew Incomo Generation We have continued lo be supported wilh mulli year funding from National Lollery Reaching Communities, Sir James Knoll 8nd The Ballinger Trust, We secured one year funds from County Durham Community Foundation, Durham Afea Action Parnlership and Believe Housing. We continue lo receive support from local Parish Councils who lund aclivilies al various leve15 depending on the area. Following our attempts lo increase income generation this financial year 82Q/o ol income came from grants, 10 /• from provision of services , 6°/0 from sponsors Idonalions and 2D/o from fundiaising aclivilies. W8 aim lo continue lo work towards a lower 0/0 of ir)come received solely from gr8nls, This is lo support our financial suslainabilily and miligale against the difficult and uncertain landscape of securing grant funding. Reserves Pollcy Durham Area Youth has considered ils reserves requirements for the forthcoming year and on the 7, March 2024 agreed a reseNes policy. The Trustees agreed that an appropriate level of reserves should be held lo cover unexpected disruption lo planned income sources £45,000. and lo cover the costs of winding up the charity in a worsl-case scenario £65,000. A decision was made in the March 2024 Iruslee meeting lo allocate £10.652 currently in unreslricled specifically lo reserves. The expectation is through diversifying income. increasing fundraising and working with local businesses the reserves will continue to increase during next financial year. 12
Durham Area Youth For the period ending 31st March 2024 Plans for the future The new strategic plan will start in April 2024 and run for 3 years. We are in the process of securing funding to cover the ending of Mo large grants (National Lollery and Sir James Knottl that will occur in March 2025. We are confident our relationship with funders and track record of delivery will secure the income we need lo continue our work. We have ambitions lo deliver more largeled activity as well as Iransilional work for young people aged 10-12years and 14-16 years. We will continue to strengthen our workforce by training within and developing further our already successful volunteer programme. Ensuring we continue to build strong partnership work and collaboration will support us in achieving a strong workforce and support DAY working towards our strategic aims. Trustees S Penhall C Fletcher D Hall J Steer L Hinds J Young l Lindsey S Liddell M Husband The trustees, report was approved by the Board of Trustees= Signed.. Tnjstee.. Dale.. PE. Is 1.124 13
Durham Area Youth For the period ending 31 st March 2024 Statement of financial activities Income and expenditure account Rèstricted Unrestrfcttd Totsl Rtrsirided FurKSs Unreslncted Funds To Funds Funds Z024 2024 2024 2023 2023 2023 Nole5 Donlon$ & Legacies Chaniable activilies 18,244 18.244 600 6,709 7,309 229.33B 61.021 2W.360 224.806 17,655 242.461 Toi•l In¢om• 229.338 79.265 308.604 225.406 24.364 249.770 ndlture pn: Chantabls zcliwbej 256,066 21.810 287.876 19?.143 23.598 216,741 Toial resources •ip•nd•d 2.066 31.810 267.876 193.143 23.598 216.741 Nel ineonx for yearl Nel movement in futhJ$ 126,728} 47.455 20.728 32.263 33,029 Fuid banCeS al start of yeor 127.640 7.W1 135,541 95.377 7.135 102,512 Fund bJl•nc•s at end ol year 100,912 55.356 156.270 127.640 7.W1 135,541 The statement of finan¢ial adivities includes aetivilies all gains and losses recognised in the year. All income and expenditure derive from continuing opeTalions. The slalement of financial aclivilies a150 complies with the requirements foi an incorne and expenditure accounl under the Companies Act 2006. 14
Durham Area Youth For the period ending 31 st March 2024 Balance Sheet 2024 2023 Nol•lS Flxfrd ass•ts Tangible frAed assets 1,869 1.56$ CurT•nl ¥•ty Debiors 2,914 165 Slttk 325 301 Cash ai bank and in hand 154.710 143.313 157.949 143.779 Credltors: •mouTrts lalllng duewllhln one ye•r 13,S481 19.8031 N•t curr•ni ats•ts 154.401 133.976 Totsl a•ts less current IlablllJos 156.270 135.yl Crndltor¥'. ¥rnounts falllng du• •ft•r mor• than on• y•r 156.270 135.Y1 Incom• funds Unreslnctad funds 42.436 7,901 Rest(1 funds 113,923 127,640 156,270 135,541 15
Durham Area Youth For the period ending 31 st March 2024 Balance Sheet (continued) The charitable company is entitled lo the exemption from the audit requirement contained in section 477 of the Companies Act 2006. for the year ended 31 March 2024. The trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the stale of affairs of the cornpany as al the end ol the financial year and of ils incoming resources and application of resources, including ils income and expenditure. for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating lo financial slalemenls. so far as applicable lo the company. The members have not required the company lo obtain an audit of ils financial slalemenls for the year in question in accordance with seclion 476. These financial slalemenls have been prepared in accordance with the provisions applicable to companies subject lo the small company's regime. The financial statements wer& approved by the Trustees o Trust••: Company R•glstratlon No. CE012369 16
Durham Area Youth For the period ending 31 st March 2024 Notes to the financial statements 1 Accounting policies Company information Durham Area Youth is a Charity Incorporated Organisalion incorporated in England and Wales. The registered office is Sherburn Hill Cornmunily Hub, Front Street, Sherburn Hill, Ourham, DH6 1 PA. 1.1 Accounting convention The financial slalemenls have been prepared in accordance with the charity's the Companies Act 2006 and "Accounting and Reporting by Charities., Slalemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 {effeclive 1 January 20191" The charity is a Public Benefit Enlily as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not lo prepare a Statement of Cash Flows. The financial slalemenls are prepared in sterling. which is the functional currency of the charity. Monetary amounts in these financial slalemenls are rounded to the nearest £. The financi21 statements have been prepared under the historical cost convention, modified lo include the revaluation of freehold properties and lo include investment properties and certain financi81 instruments al fair value. The principal accounting policies adopted are set out below. 1.2 Golng Goncern Al the lime of approving the financial stalemenls. the Iruslees bave a reasonable expeclalion that the charity has adequate resources lo continue in operational existence for the foreseeable future. Thus, the Iruslees continue lo adopt the going concern basis of accounting in preparing the financial slalemenls. 1.3 Charitsble funds Unrestricted funds are available for use al the discretion of the Iruslees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the reslricled funds are set out in the notes lo the financial statements. Endowment funds are subject to specific conditions by donors that the capital musl be maintained by the charity. 17
Durham Area Youth For the period ending 31st March 2024 Notes to the financial statements (continued) 1.4 Income All income is recognised in the Slalement of Financial Activities On the charity has entitlement to the funds, il is probable that the income will be received, and the amount can be measured reliably. 1.5 Expenditure Liabilities are recognised as expenditure as soon as there is a legal or conslruclive obligation commilling the charity lo that expenditure, il 15 probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where Costs cannot be directly attributed lo particular headings, they have been allocated to activities on a basis consistent with the use of resources. 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valLJalion. nel of depreciation and any impairment losses. Depreciation is recognised 50 as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Computer Equipment 20 10 reducing balance Fixtures and fittings 20Q/o reducing balance The gain or loss arising on the disposal of an asset is determined as the difference beiween the sale proceeds and the carrying value of the asset and is recognised in nel incomellexpendilurel for the year. 1.7 Cash and cash equivalent$ Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investment5 Wlth original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current 1.8 Financial Intruments The charity has elected lo apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 '01her Financial Instruments Issues, of FRS 102 to all of ils financial instruments. 18
Durham Area Youth For the period ending 31 st March 2024 Notes to the financial statements (continued) Financial instrumen15 are recognised in the charity's balance sheet when the charity becomes party lo the conlraclual provisions of the inslrumenl. Financial assets and liabilities are offset. with the nel amounts presented in the financial slalernenls, when there is a legally enforceable right lo sel off the recognised amounts and there is an inlenliori lo sellle on a nel basis or lo realise the asset and settle the liability simultaneously. 8asl¢ Ilnanclal assets Basic financial assets, which include debtors and cash and bank balances. are initially measured al transaction price including transaction costs and are subseqtjenlly carried al amortised cost using the effective interest method unless the arrangement conslilules a financing Iransaclion. where the Iransaclion is measured al the present value of the future receipts discounted al a market rale of interest. Financial assets classified as receivable within one year are not amortised. 8aslc flnanclal Ilabllltles Basic financial liabilities, including creditors and bank loans are initially recognised al transaction price unless the arrangement conslilules a financing Iransaclion, where the debt instrument is measured al the present value of the future payments discounted al a market rale of interest. Financial liabilities classif18d as payable within one year are not amortised. Debt inslfumenls are subsequently carried al amortised cost, using the effective interest rale method. Trade creditors are obligations lo pay for goocls or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-currenl liabilities. Trade creditors are recognised initially al transaction price and subsequently measured at amort15ed cost using the effective interest method. Dere¢ognltlon of fln•n¢lal Ilabllltlos Financial liabilities are deTecognised when the charity's conlraclual obligations expire or are discharged or cancelled. 1.9 Taxatlon The charity is exempt from corporation tax on ils charitable activities. 19
Durham Area Youth For the period ending 31st March 2024 Notes to the financial statements (continued) 2 Donations and Legacies Reslrlcted Unrestrlcted Funds Funds 2024 2024 Total Re51ricled Unreslricted Fund5 Funds 2023 2023 Tt)tsl 2024 2023 Don8tons Sportsorship 12.644 12.644 6,709 7.309 18.244 18.244 6,709 7.309 3 Charitable activltles- Income Restdcted Unr•$lrt¢t•d Fundi Funds 2024 2024 Tot•1 R8sirtied Unreslnthd Fund5 Funds 2023 2023 Total 2024 2023 ie9 189 3.000 20.000 10.085 6.375 5.000 9.000 999 26,918 758 37,826 4,649 770 770 2V May 1961" Ballirvjer Bdieve Hou51rvJ Bdrwl CcrfTrnunity School Boutnmwr Partyh cou1 CDCF Chester Streel AAP Durham AAP Outharn City Youth Proied Dufham County COU11 FurHlraising Events G¥1 Lurn Pan5h Councl HoLd¥Y Prow5 Nabonal Loiiery. NE YoLth Durham YrA51hprinl Pittirylon Partsh C¢unJl Police Victim aTvJ Cnme Commissior Residential Tnp Shadforth Pansh Counul Sherbum Parish Couwl SirJames Knoti Subs Tesco Community Grants Tuck Wesl RaInn & Leamsidtr Community Assctiabon Wesi Rainlon Parish Council 3,000 20,000 10,085 6.375 s.ory) 10.000 4.072 2,985 5,000 22,000 918 49.775 10 000 4072 2.965 5000 22.000 918 49.775 999 28.918 758 2,794 35.032 4,649 3.886 3,686 3000 3.740 86,037 3,750 3.000 4,342 4.342 88.726 3.740 88,726 6.8 86.037 2,5(K) 3.0(X) 2.500 3.000 1.585 1.585 600 3,000 29,719 3,000 29.719 4.650 500 10.574 2.914 29.719 29.719 2.444 4,650 10,574 6,816 6.816 2,914 S.ODO 5.0(KJ 5,000 229,338 61.021 290.360 224.806 17.655 242,461 'Nalional Lottery Communrty Fund. RC North Ea518nd Curnbna Regh)n1221231 'Nalnal Lottery Opwrtunity Kwcks ai Youlh1231241 '29* May 1961 charitab Tru51 20
Durham Area Youth For the period ending 31st March 2024 Notes to the financial statements (continued) 4 Charitable activities.. Expenses charltable Charitsble 2023 Activity costs subscriptns Empbyee cosl Rent and rates Bank charges offi costs Insurance Depreciation Sundry expenses Training Auntsr 46.054 26.482 2.785 2.686 185.738 148.146 16.924 20,369 36 3,964 1.840 4.078 1.351 391 345 1.040 144 1.890 840 600 Legal and pfefessional KlaEe11g Enier181nment 7.201 1,128 461 4,067 1,407 340 Tuck purchas 6.964 7.105 5.351 4,299 726 Repairs and mainlenae Trdv 228 RKruikneni 99 Prioryearadjuslment 287.876 216,741 Analysls by lund¥ Unreslncied funds ReslrKi8d fund5 31.810 23,598 193.143 256.066 287.876 216.741 5 Employees Average number of employees.. 2024.. 8 2023.. 8 21
Durham Area Youth For the period ending 31st March 2024 Notes to the financial statements (continued) 6 Tangible Assels Computer Equlpment Flxturei Totsl & Flttlng$ Cost At l Apnl 2023 Additn$ 879 1.912 2.791 649 Al 31 Marth 2024 1.528 1.912 3.440 D•preci•tion Al 1 Apnl 2023 Ch&ryed dunng year 425 801 1226 123 222 34S Al 31 MaTth 2024 425 801 1,226 amouni At 31 March 2024 980 1.869 Al 31 Marth 2023 454 1,565 7 Debtors ATnouThts du• wbthlTh 1 year 2024 2023 Trade deblor5 2,914 165 2.914 165 8 Stock Stock VI•tIon 2024 2023 St£Kk 325 301 325 301 22
Durham Area Youth For the period ending 31 st March 2024 Notes to the financial statements (continued) 9 Creditors: amounts falling due within 1 year Amounts du• wlthln 1 y••r 2024 2023 Trada erediiors Olher laxalion and social tsecunty Prepaid Income Aecrual8 and delorfed income 3.548 4,103 100 5,000 600 3,548 3,734 23