CE013929
CHARITY REGISTERED NUMBER: 1178133
YDT
TRUSTEES' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
BROOKS & CO. CHARTERED ACCOUNTANTS 27 STANLEY ROAD SALFORD M7 4FR
TELEPHONE: 0161 795 7577 EMAIL: GOLDMANMR@GMAIL.COM WEB: BROOKSANDCOACCOUNTANTSSALFORD.CO.UK
YDT
LEGAL AND ADMINISTRATIVE INFORMATION
| Company Number: | CE013929 |
|---|---|
| Registered Charity Number: | 1178133 |
| Chairman: | Bracha Hassell |
| Trustees: | Zalman Klyne |
| Bracha Hassell | |
| Samuel Hammond | |
| Registered Office: | 27 Stanley Road |
| Salford | |
| M7 4FR | |
| Accountants: | Brooks & Co. |
| Chartered Accountants | |
| 27 Stanley Road | |
| Salford | |
| M7 4FR | |
| Telephone: 0161 795 7577 | |
| email: goldmanmr@gmail.com | |
| Web: brooksandcoaccountantssalford.co.uk |
YDT
FOR THE YEAR ENDED 30 APRIL 2024
CONTENTS
| Page | |
|---|---|
| Charity - Examiners report | 1 |
| Trustees' report | 3 |
| Balance sheet | 6 |
| Statement of financial activities | 7 |
| Schedule of funds | 8 |
| Notes | 9 |
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF YDT
FOR THE YEAR ENDED 30 APRIL 2024
I report on the accounts which are set out on pages 6 to 12
Respective responsibilities of the Council and examiner
The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to the trustees for the purpose of the laws pertaining to a Charitable Incorporated Organisation (CIO) 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 the 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
In connection with my examination, no matter has come to my attention:
- which gives me reasonable cause to believe that, in any material respect, the requirements:
a. to keep accounting records in accordance with section 386 of the Companies Act 2006; and
b. to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Page 1
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF YDT (Continued)
FOR THE YEAR ENDED 30 APRIL 2024
........................................ Dated: 7 February 2025 Brooks & Co. Chartered Accountants 27 Stanley Road Salford M7 4FR Telephone: 0161 795 7577 email: goldmanmr@gmail.com Web: brooksandcoaccountantssalford.co.uk
Page 2
YDT
DIRECTORS' AND TRUSTEES' REPORT
FOR THE YEAR ENDED 30 APRIL 2024
The Council who are also directors of the charity for the purposes of the Companies Act, submit their annual report and the unaudited financial statements for the year ended 30 April 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" issued in 2005 in preparing the annual report and financial statements of the charity.
Structure, Governance and Management
Governing document
The charity is governed by its Trust deed dated 26 April 2018
Appointment of trustees
The trustees are responsible for the administration and investment policy of the Scheme. Trustees are appointed and removed by the sponsoring employer.
The trustees who served during the year are set out on the charity information page at the front of these accounts.
Two trustees are elected annually by the members of the company attending the AGM and serve for a period of two years.
Trustee induction and training
New Trustees undergo an orientation day to brief them on their legal obligations under charity and company law, the content of the Memorandum and Articles of Association, the commitee and decision making processes, the business plan and recent financial performance of the charity. During the induction day they meet key employees and other trustees. Trustees are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role.
Organisation
A board of trustees of up to 5 members, who meet quarterly, administers the charity. There are sub-committees covering development, membership, finance and audit. A Chief executive is appointed by the trustees to manage the day-to-day operations of the charity.
Related parties
There were no related party transactions.
Relationships with other groups, charities and individuals
There were no relationships with other groups or charities.
Page 3
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DIRECTORS' AND TRUSTEES' REPORT (Continued)
FOR THE YEAR ENDED 30 APRIL 2024
Risk policy
The trustees have examined the major strategic, business and operational risks which the charity faces and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks.
Objectives and activities
The principal activity of the company is that of providing education.
Achievements and performance
This year the expenditure exceeded the income. It is hoped that this will be reversed in the next year.
Financial review
Trustees' responsibilities in relation to the financial statements
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and apply them consistently; observe the methods and principles in the Charities SORP; make judgements and estimates that are reasonable and prudent; state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
-
prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping 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 Charity (Accounts and Reports) Regulations 2008 and the provision of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Page 4
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DIRECTORS' AND TRUSTEES' REPORT (Continued)
FOR THE YEAR ENDED 30 APRIL 2024
This report was approved by the board of directors and trustees on 7 February 2025
.................................................................................................................... Zalman Klyne Bracha Hassell Samuel Hammond Trustee Trustee Trustee
Page 5
COMPANY NUMBER: CE013929
YDT
BALANCE SHEET
AT 30 APRIL 2024
| Note 2024 £ Current assets Debtors 4 76,300 Bank Accounts 19,242 ––––––– 95,542 Creditors Amounts falling due within one year 5 249 ––––––– Net current assets Total assets less current liabilities Net assets Capital funds Unrestricted funds Total funds |
2023 £ £ £ 76,300 48,369 ––––––– 124,669 9,171 ––––––– 95,293 115,498 ––––––– ––––––– 95,293 115,498 ––––––– ––––––– £ 95,293 £ 115,498 ––––––– ––––––– 95,293 115,498 ––––––– ––––––– £ 95,293 £ 115,498 ––––––– ––––––– |
|---|---|
Approved by the trustees on 7 February 2025
................................................... B Hassell Chair
The annexed notes form part of these financial statements.
Page 6
YDT
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2024
| Total Total | |
|---|---|
| Unrest'd Funds Funds | |
| Funds 2024 2023 | |
| £ £ £ |
|
| Incoming resources | |
| Other incoming resources | 27,269 27,269 185,540 |
| –––––––– –––––––– –––––––– | |
| Total incoming resources | 27,269 27,269 185,540 |
| –––––––– –––––––– –––––––– | |
| Resources expended | |
| Costs of generating funds | - - 18,387 |
| Charitable activities | 26,272 26,272 33,180 |
| Governance costs | 21,202 21,202 262,651 |
| –––––––– –––––––– –––––––– | |
| Total resources expended | 47,474 47,474 314,218 |
| –––––––– –––––––– –––––––– | |
| Net movement in funds | (20,205) (128,678) |
| Total funds brought forward | £ 115,498 £ 244,176 |
| –––––––– –––––––– | |
| Total funds carried forward | £ 95,293 £ 115,498 |
| –––––––– –––––––– |
Details of Incoming resources and resources used are given in the notes to the financial statements.
Page 7
YDT
STATEMENT OF FINANCIAL ACTIVITIES
DETAILED ANALYSIS OF MOVEMENTS IN FUNDS
FOR THE YEAR ENDED 30 APRIL 2024
| 2024 | 2023 | |||
|---|---|---|---|---|
| £ | £ | £ | £ | |
| General Fund | ||||
| Balance Brought Forward | 115,498 | 244,176 | ||
| Deficit for the year | (20,205) |
(128,678) | ||
| –––––––– | –––––––– | |||
| 95,293 | 115,498 | |||
| –––––––– | –––––––– | |||
| Total funds at 30 April 2024 | £ 95,293 | £ | 115,498 | |
| –––––––– | –––––––– |
Page 8
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
1. Accounting policies
The charity constitutes a public benefit entity as defined by FRS 102. 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 (FRS102) issued on 16 July 2014 (as updated through Bulletin 1 published on 2 February 2016), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102), the Companies Act 2006 and UK Generally Accepted Practice as it applies from 1 January 2015.
The charity has applied Update Bulletin 1 as published on 2 February 2016 and does not include a cash flow statement on the grounds that it is applying FRS 102 Section 1A.
The financial statements are prepared on a going concern basis under the historical convention (modified to include certain items at fair value). The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest pound.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years unless otherwise stated.
Incoming resources
All incoming resources are included in the SOFA when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources.
Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the trustees for particular purposes. the aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. the cost of raising and administering such funds are charged against the specific fund. the aim and use of each restricted fund as set out in the notes to the financial statements.
Page 9
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NOTES TO THE FINANCIAL STATEMENTS (Continued)
FOR THE YEAR ENDED 30 APRIL 2024
2. Turnover
Turnover is attributable solely to continuing operations and derives from one activity that of providing youth assistance.
3. Staff costs
The aggregate payroll costs of these persons were as follows:
| 2024 2023 | ||
|---|---|---|
| £ £ |
||
| Wages and salaries | 10,080 76,682 | |
| Other pension costs | 101 342 | |
| –––––– –––––– | ||
| £ 10,181 £ 77,024 | ||
| –––––– –––––– | ||
| 4. | Debtors and prepayments | |
| Amounts falling due within one year: | ||
| 2024 2023 | ||
| £ £ |
||
| Loans | 76,300 76,300 | |
| –––––– –––––– | ||
| 5. | Creditors | |
| Amounts falling due within one year:- | ||
| 2024 2023 | ||
| £ £ |
||
| Accruals and Deferred Income | 249 9,171 | |
| ––––––– ––––––– | ||
| £ 249 £ 9,171 | ||
| ––––––– ––––––– |
Page 10
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NOTES TO THE FINANCIAL STATEMENTS (Continued)
FOR THE YEAR ENDED 30 APRIL 2024
| 6. Incoming resources Unrest'd Funds 2024 £ Other incoming resources Sundry Income 11,394 Charity Donations - Individual Donations 1,875 Grants 14,000 ––––––– 27,269 ––––––– 7. Costs of generating funds 2024 £ Rent rates and service costs - Property repairs & maintenance - –––––––– 8. Charitable activities 2024 £ Restricted Funds Arts and Crafts - Transport and Travel Costs - Hire of Facilities - Support Group - Refreshments - Counselling - –––––– |
– – –– |
Total Funds 2024 £ 11,394 - 1,875 14,000 –––––– 27,269 –––––– 2024 £ - –––––– 2024 £ - –––––– |
Total Funds 2023 £ 63,285 9,970 102,286 10,000 ––––––– 185,541 ––––––– 2023 £ 12,500 5,887 –––––––– 18,387 –––––––– 2023 £ 1,822 53 2,223 1,367 835 3,700 –––––– 10,000 –––––– |
|---|---|---|---|
YDT
NOTES TO THE FINANCIAL STATEMENTS (Continued)
FOR THE YEAR ENDED 30 APRIL 2023
| 2023 £ Unrestricted Funds Arts and Crafts - Skills Training 11,400 Mental Health Sessions 8,742 Physical Health Sessions 6,130 Activities - –––––– 9. Governance costs Unrestricted Funds Telecommunications 356 Advertising and Marketing - Consultancy and Counselling Costs - Bank Charges 93 Sundry Expenses - Student Support and Food Parcels 9,000 Other Administrative Costs 1,159 Support for Single Parent Families - Weekend Community Club for Young People 41 Staffing and Pension 10,181 Charitable Donations - Transport and Travel Costs - Bookkeeping Charges 372 –––––––– –– |
2023 2022 £ £ 825 2,268 5,250 7,225 7,612 –––––– 26,272 23,180 –––––– –––––– 1,048 9,399 11,076 167 150 44,450 11,175 29,815 17,517 73,323 58,000 3,700 2,831 –––––––– 21,202 262,651 –––––– –––––––– |
|---|---|