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2026-06-03-accounts

,/1• YOUTH )X(ti ENTERPRISE & EMPLOYABILITY ACADEMY C/of 56 Mary Street, Rhodesia, Worksop, Nottinghamshire, S80 3JE

Table of Contents

Trustees’ Annual Report........................................................................................................................................................3 Objectives and Activities...................................................................................................................................................4 Achievements and Performance.....................................................................................................................................4 Financial Review.................................................................................................................................................................5 The Board regularly reviews the amount of reserves that are required to ensure that they are adequate to fulfil our continuing obligations.............................................................................................................5 Statement of financial activities (including summary income and expenditure account)................................6

2

Trustees. Annual Report

Para 1.20:

Objectives and Activities

Achievements and Performance

Summary of the purposes of the charity as set out in its governing document Para 1.17

To act as a resource for disadvantaged young people living in Nottinghamshire by providing advice and assistance and organising programs of education, entrepreneurial, practical skills and other activities as a means of:

(a) 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; and

(b) advancing education; and

(c) relieving unemployment; and

(d) promote their strengths, abilities.

Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. Para 1.17 and 1.19

The charity has several programs that aim to support young people in different ways which I will give a brief overview below.

The charity has continued to develop its programmes to align with key elements of Personal, Social, Health and Economic (PSHE) Education, a curriculum subject in England that focuses on equipping children and young people with the knowledge, skills and attributes needed to stay healthy, safe, and prepared for adult life and employment.

Alongside programme development, the charity has paid close attention to the challenges facing young people and their future employers. In response, we have undertaken extensive research and surveys to better understand emerging needs and ensure that our support remains relevant, effective and impactful.

The current rise in the cost of living has placed significant financial pressures on families with children and young people. These economic challenges have affected many of the communities we serve and have also impacted the charity’s ability to deliver activities at previous levels. As a result, a substantial amount of time during this period has been dedicated to research, consultation and programme review to ensure that our resources are targeted where they can achieve the greatest benefit. Conducting this research has itself presented challenges due to financial constraints and limited resources.

To date, the charity has supported fewer young people aged between 8 and 18 years old than last year, primarily from Nottinghamshire. However, the number of young people directly supported during this reporting period has been lower than in previous years due to the charity’s ongoing programme review and research activities.

Our support has included helping young people to recognise and develop their abilities, prepare CVs and cover letters, and access interview opportunities. Through this work, participants have been better equipped to engage in society as mature, responsible and confident individuals, while developing valuable skills that support their future education, employment and personal

4

development.

Financial Review

Review of the charity’s financial position at the end of the period Para 1.21

The charity is in sustainable at this level indefinitely and how at the moment it does not have any reserves. Statement explaining the policy for holding reserves stating why they are held Para 1.22

The reserves that we set aside provide financial stability in the event of a drop in income and the means for the development of our principal activities such as allowing the charity to take advantage of new opportunities. We intend to maintain our reserves at a level which is at least equivalent to one thousand pounds to be used in the following manner:

a. Cover core costs

b. Replacement of key equipment required to carry out our activities

c. Advantage of new opportunities

The Charity does not hold any reserves at moment due to it been used to cover an annual utility bill which was not cover by standard fundraising because the costs of the pandemic linger.

The Board regularly reviews the amount of reserves that are required to ensure that they are adequate to fulfil our continuing obligations.

5

Statement of financial activities (including summary income and expenditure account)

Restricted income

Income (Notes 3)

Income and endowments from:

Donations and legacies

Charitable activities Other trading activities Investments Separate material item of income

Other

Total

Restricted income Restricted income Restricted income Restricted income Restricted income
Unrestricted funds
funds
Endowment funds
Total funds
Prior year funds
£
£
£
£
£
415 415 600
-
-
-
-
-
415 600

Expenditure (Notes 6)

Expenditure on:

Raising funds

Charitable activities

Separate material expense item

Assets obtain

Total

Net income/(expenditure) before tax for the reporting period

Tax payable

Net income/(expenditure) after tax before investment gains/(losses)

Net gains/(losses) on investments

Net income/(expenditure)

//

Transfers between funds Other recognised gains/(losses):

Gains and losses on revaluation of fixed assets for the charity’s own use

415 -
-
600
-
325 325 250
85 85 314
410 564
5 36
-
5 36
-
5 36
-
-
2,823 3,137
Other gains/(losses)
Net movement in funds
Reconciliation of funds:
Total funds brought forward
2,823 3,137
-
-
- 2,823 3,137
Balance Sheet
Fixed assets
Intangible assets
Tangible assets
Heritage assets
Investments
Total fxed assets
Current assets
Stocks
Debtors
Investments
Cash at bank and in hand
Total current assets
Creditors: amounts falling due within one year
Net current assets/(liabilities)
Total assets less current liabilities
Unrestricted funds
Restricted income
funds
Endowment funds
Total this year
Total last year
£
£
£
£
£
Unrestricted funds
Restricted income
funds
Endowment funds
Total this year
Total last year
£
£
£
£
£
Unrestricted funds
Restricted income
funds
Endowment funds
Total this year
Total last year
£
£
£
£
£
Unrestricted funds
Restricted income
funds
Endowment funds
Total this year
Total last year
£
£
£
£
£
Unrestricted funds
Restricted income
funds
Endowment funds
Total this year
Total last year
£
£
£
£
£
2,823 2,823 3,137
-
-
2,823 3,137
-
-
-
5 36
5 36
-

7

Creditors: amounts falling due after one year
Provisions for liabilities
Total net assets or liabilities
Funds of the Charity
Endowment funds
Restricted income funds
Unrestricted funds
Revaluation reserve
Fair value reserve
Total funds
-
-
2,828 3,173
5 36
-
-
-
-
- - 5 36

The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.

The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies’ regime and in accordance with FRS102 SORP.

X

Kurtis-Jay Castle Chair

8

Note 3 Income

Analysis of income
Donations
and
legacies:
Donations and Legacies
General grants provided by
government/other charities
Other
Total
Charitable
activities:
Other
Total
Other
trading
activities:
Other
Total
Total
TOTAL INCOME
Other information:
Analysis of income Unrestricted
funds
Restricted
income funds
Endowment
funds
Total
funds
Prior
year
£
£
Unrestricted
funds
Restricted
income funds
Endowment
funds
Total
funds
Prior
year
£
£
Unrestricted
funds
Restricted
income funds
Endowment
funds
Total
funds
Prior
year
£
£
Unrestricted
funds
Restricted
income funds
Endowment
funds
Total
funds
Prior
year
£
£
Unrestricted
funds
Restricted
income funds
Endowment
funds
Total
funds
Prior
year
£
£
Donations and Legacies 415 - 415 600
General grants provided by
government/other charities
- - -
Other - -
Total - 415 600
Other - - -
Total - - 0 -
Other - - - - -
Total - - - - -
- - - - -
- 415 600
All income in the prior year was unrestricted except for:
(please provide description and amounts)
N/A
Where any endowment fund is converted into income in the
reporting period, please give the reason for the conversion.
N/A

9

Where any endowment fund is converted into income in the prior period, please give the reason for the conversion. N/A Within the income items above the following items are material: (please disclose the nature, amount and any prior year amounts) N/A This year: Where sums originally denominated in foreign currency have been included in income, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up). N/A Last year: Where sums originally denominated in foreign currency have been included in income, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up). N/A

10

Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

• and with
• and with
x the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014
the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)
x

The charity constitutes a public benefit entity as defined by FRS 102.*

1.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

An explanation as to those factors that support the conclusion that the charity is a going concern; Disclosure of any uncertainties that make the going concern assumption doubtful;

Where accounts are not prepared on a going concern

Not applicable Not applicable Not applicable

11

basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.

1.3 Change of accounting policy

The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note { }.

----- Start of picture text -----
Yes
-Tick as appropriate
No x
Please disclose:
(i) the nature of the change in accounting policy; Not applicable
(ii) the reasons why applying the new accounting policy provides more
Not applicable
reliable and more relevant information; and
(iii) the amount of the adjustment for each line affected in the current Not applicable
period, each prior period presented and the aggregate amount of the
adjustment relating to periods before those presented, 3.44 FRS102 SORP.
----- End of picture text -----*

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP).

----- Start of picture text -----
Yes
-Tick as appropriate
No x
Please disclose:
(i) the nature of any changes; Not applicable
----- End of picture text -----*

12

(ii) the efect of the change on income and expense or assets and liabilities
for the current period; and
Not applicable
(iii) where practicable, the efect of the change in one or more future
periods.
Not applicable

1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47 FRS102 SORP).

Yes
No

Please disclose:
* -Tick as appropriate * -Tick as appropriate
x
(i) the nature of the prior period error; Not applicable
(ii) for each prior period presented in the accounts, the amount of the
correction for each account line item afected; and
Not applicable
(iii) the amount of the correction at the beginning of the earliest prior
period presented in the accounts
Not applicable

13

,/1• YOUTH )X(ti ENTERPRISE & EMPLOYABILITY ACADEMY C/of 56 Mary Street, Rhodesia, Worksop, Nottinghamshire, S80 3JE

Table of Contents

Trustees’ Annual Report........................................................................................................................................................3 Objectives and Activities...................................................................................................................................................4 Achievements and Performance.....................................................................................................................................4 Financial Review.................................................................................................................................................................5 The Board regularly reviews the amount of reserves that are required to ensure that they are adequate to fulfil our continuing obligations.............................................................................................................5 Statement of financial activities (including summary income and expenditure account)................................6

2

Trustees. Annual Report

Para 1.20:

Objectives and Activities

Achievements and Performance

Summary of the purposes of the charity as set out in its governing document Para 1.17

To act as a resource for disadvantaged young people living in Nottinghamshire by providing advice and assistance and organising programs of education, entrepreneurial, practical skills and other activities as a means of:

(a) 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; and

(b) advancing education; and

(c) relieving unemployment; and

(d) promote their strengths, abilities.

Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. Para 1.17 and 1.19

The charity has several programs that aim to support young people in different ways which I will give a brief overview below.

The charity has continued to develop its programmes to align with key elements of Personal, Social, Health and Economic (PSHE) Education, a curriculum subject in England that focuses on equipping children and young people with the knowledge, skills and attributes needed to stay healthy, safe, and prepared for adult life and employment.

Alongside programme development, the charity has paid close attention to the challenges facing young people and their future employers. In response, we have undertaken extensive research and surveys to better understand emerging needs and ensure that our support remains relevant, effective and impactful.

The current rise in the cost of living has placed significant financial pressures on families with children and young people. These economic challenges have affected many of the communities we serve and have also impacted the charity’s ability to deliver activities at previous levels. As a result, a substantial amount of time during this period has been dedicated to research, consultation and programme review to ensure that our resources are targeted where they can achieve the greatest benefit. Conducting this research has itself presented challenges due to financial constraints and limited resources.

To date, the charity has supported fewer young people aged between 8 and 18 years old than last year, primarily from Nottinghamshire. However, the number of young people directly supported during this reporting period has been lower than in previous years due to the charity’s ongoing programme review and research activities.

Our support has included helping young people to recognise and develop their abilities, prepare CVs and cover letters, and access interview opportunities. Through this work, participants have been better equipped to engage in society as mature, responsible and confident individuals, while developing valuable skills that support their future education, employment and personal

4

development.

Financial Review

Review of the charity’s financial position at the end of the period Para 1.21

The charity is in sustainable at this level indefinitely and how at the moment it does not have any reserves. Statement explaining the policy for holding reserves stating why they are held Para 1.22

The reserves that we set aside provide financial stability in the event of a drop in income and the means for the development of our principal activities such as allowing the charity to take advantage of new opportunities. We intend to maintain our reserves at a level which is at least equivalent to one thousand pounds to be used in the following manner:

a. Cover core costs

b. Replacement of key equipment required to carry out our activities

c. Advantage of new opportunities

The Charity does not hold any reserves at moment due to it been used to cover an annual utility bill which was not cover by standard fundraising because the costs of the pandemic linger.

The Board regularly reviews the amount of reserves that are required to ensure that they are adequate to fulfil our continuing obligations.

5

Statement of financial activities (including summary income and expenditure account)

Restricted income

Income (Notes 3)

Income and endowments from:

Donations and legacies

Charitable activities Other trading activities Investments Separate material item of income

Other

Total

Restricted income Restricted income Restricted income Restricted income Restricted income
Unrestricted funds
funds
Endowment funds
Total funds
Prior year funds
£
£
£
£
£
415 415 600
-
-
-
-
-
415 600

Expenditure (Notes 6)

Expenditure on:

Raising funds

Charitable activities

Separate material expense item

Assets obtain

Total

Net income/(expenditure) before tax for the reporting period

Tax payable

Net income/(expenditure) after tax before investment gains/(losses)

Net gains/(losses) on investments

Net income/(expenditure)

//

Transfers between funds Other recognised gains/(losses):

Gains and losses on revaluation of fixed assets for the charity’s own use

415 -
-
600
-
325 325 250
85 85 314
410 564
5 36
-
5 36
-
5 36
-
-
2,823 3,137
Other gains/(losses)
Net movement in funds
Reconciliation of funds:
Total funds brought forward
2,823 3,137
-
-
- 2,823 3,137
Balance Sheet
Fixed assets
Intangible assets
Tangible assets
Heritage assets
Investments
Total fxed assets
Current assets
Stocks
Debtors
Investments
Cash at bank and in hand
Total current assets
Creditors: amounts falling due within one year
Net current assets/(liabilities)
Total assets less current liabilities
Unrestricted funds
Restricted income
funds
Endowment funds
Total this year
Total last year
£
£
£
£
£
Unrestricted funds
Restricted income
funds
Endowment funds
Total this year
Total last year
£
£
£
£
£
Unrestricted funds
Restricted income
funds
Endowment funds
Total this year
Total last year
£
£
£
£
£
Unrestricted funds
Restricted income
funds
Endowment funds
Total this year
Total last year
£
£
£
£
£
Unrestricted funds
Restricted income
funds
Endowment funds
Total this year
Total last year
£
£
£
£
£
2,823 2,823 3,137
-
-
2,823 3,137
-
-
-
5 36
5 36
-

7

Creditors: amounts falling due after one year
Provisions for liabilities
Total net assets or liabilities
Funds of the Charity
Endowment funds
Restricted income funds
Unrestricted funds
Revaluation reserve
Fair value reserve
Total funds
-
-
2,828 3,173
5 36
-
-
-
-
- - 5 36

The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.

The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies’ regime and in accordance with FRS102 SORP.

X

Kurtis-Jay Castle Chair

8

Note 3 Income

Analysis of income
Donations
and
legacies:
Donations and Legacies
General grants provided by
government/other charities
Other
Total
Charitable
activities:
Other
Total
Other
trading
activities:
Other
Total
Total
TOTAL INCOME
Other information:
Analysis of income Unrestricted
funds
Restricted
income funds
Endowment
funds
Total
funds
Prior
year
£
£
Unrestricted
funds
Restricted
income funds
Endowment
funds
Total
funds
Prior
year
£
£
Unrestricted
funds
Restricted
income funds
Endowment
funds
Total
funds
Prior
year
£
£
Unrestricted
funds
Restricted
income funds
Endowment
funds
Total
funds
Prior
year
£
£
Unrestricted
funds
Restricted
income funds
Endowment
funds
Total
funds
Prior
year
£
£
Donations and Legacies 415 - 415 600
General grants provided by
government/other charities
- - -
Other - -
Total - 415 600
Other - - -
Total - - 0 -
Other - - - - -
Total - - - - -
- - - - -
- 415 600
All income in the prior year was unrestricted except for:
(please provide description and amounts)
N/A
Where any endowment fund is converted into income in the
reporting period, please give the reason for the conversion.
N/A

9

Where any endowment fund is converted into income in the prior period, please give the reason for the conversion. N/A Within the income items above the following items are material: (please disclose the nature, amount and any prior year amounts) N/A This year: Where sums originally denominated in foreign currency have been included in income, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up). N/A Last year: Where sums originally denominated in foreign currency have been included in income, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up). N/A

10

Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

• and with
• and with
x the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014
the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)
x

The charity constitutes a public benefit entity as defined by FRS 102.*

1.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

An explanation as to those factors that support the conclusion that the charity is a going concern; Disclosure of any uncertainties that make the going concern assumption doubtful;

Where accounts are not prepared on a going concern

Not applicable Not applicable Not applicable

11

basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.

1.3 Change of accounting policy

The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note { }.

----- Start of picture text -----
Yes
-Tick as appropriate
No x
Please disclose:
(i) the nature of the change in accounting policy; Not applicable
(ii) the reasons why applying the new accounting policy provides more
Not applicable
reliable and more relevant information; and
(iii) the amount of the adjustment for each line affected in the current Not applicable
period, each prior period presented and the aggregate amount of the
adjustment relating to periods before those presented, 3.44 FRS102 SORP.
----- End of picture text -----*

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP).

----- Start of picture text -----
Yes
-Tick as appropriate
No x
Please disclose:
(i) the nature of any changes; Not applicable
----- End of picture text -----*

12

(ii) the efect of the change on income and expense or assets and liabilities
for the current period; and
Not applicable
(iii) where practicable, the efect of the change in one or more future
periods.
Not applicable

1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47 FRS102 SORP).

Yes
No

Please disclose:
* -Tick as appropriate * -Tick as appropriate
x
(i) the nature of the prior period error; Not applicable
(ii) for each prior period presented in the accounts, the amount of the
correction for each account line item afected; and
Not applicable
(iii) the amount of the correction at the beginning of the earliest prior
period presented in the accounts
Not applicable

13

,/1• YOUTH )X(ti ENTERPRISE & EMPLOYABILITY ACADEMY C/of 56 Mary Street, Rhodesia, Worksop, Nottinghamshire, S80 3JE

Table of Contents

Trustees’ Annual Report........................................................................................................................................................3 Objectives and Activities...................................................................................................................................................4 Achievements and Performance.....................................................................................................................................4 Financial Review.................................................................................................................................................................5 The Board regularly reviews the amount of reserves that are required to ensure that they are adequate to fulfil our continuing obligations.............................................................................................................5 Statement of financial activities (including summary income and expenditure account)................................6

2

Trustees. Annual Report

Para 1.20:

Objectives and Activities

Achievements and Performance

Summary of the purposes of the charity as set out in its governing document Para 1.17

To act as a resource for disadvantaged young people living in Nottinghamshire by providing advice and assistance and organising programs of education, entrepreneurial, practical skills and other activities as a means of:

(a) 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; and

(b) advancing education; and

(c) relieving unemployment; and

(d) promote their strengths, abilities.

Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. Para 1.17 and 1.19

The charity has several programs that aim to support young people in different ways which I will give a brief overview below.

The charity has continued to develop its programmes to align with key elements of Personal, Social, Health and Economic (PSHE) Education, a curriculum subject in England that focuses on equipping children and young people with the knowledge, skills and attributes needed to stay healthy, safe, and prepared for adult life and employment.

Alongside programme development, the charity has paid close attention to the challenges facing young people and their future employers. In response, we have undertaken extensive research and surveys to better understand emerging needs and ensure that our support remains relevant, effective and impactful.

The current rise in the cost of living has placed significant financial pressures on families with children and young people. These economic challenges have affected many of the communities we serve and have also impacted the charity’s ability to deliver activities at previous levels. As a result, a substantial amount of time during this period has been dedicated to research, consultation and programme review to ensure that our resources are targeted where they can achieve the greatest benefit. Conducting this research has itself presented challenges due to financial constraints and limited resources.

To date, the charity has supported fewer young people aged between 8 and 18 years old than last year, primarily from Nottinghamshire. However, the number of young people directly supported during this reporting period has been lower than in previous years due to the charity’s ongoing programme review and research activities.

Our support has included helping young people to recognise and develop their abilities, prepare CVs and cover letters, and access interview opportunities. Through this work, participants have been better equipped to engage in society as mature, responsible and confident individuals, while developing valuable skills that support their future education, employment and personal

4

development.

Financial Review

Review of the charity’s financial position at the end of the period Para 1.21

The charity is in sustainable at this level indefinitely and how at the moment it does not have any reserves. Statement explaining the policy for holding reserves stating why they are held Para 1.22

The reserves that we set aside provide financial stability in the event of a drop in income and the means for the development of our principal activities such as allowing the charity to take advantage of new opportunities. We intend to maintain our reserves at a level which is at least equivalent to one thousand pounds to be used in the following manner:

a. Cover core costs

b. Replacement of key equipment required to carry out our activities

c. Advantage of new opportunities

The Charity does not hold any reserves at moment due to it been used to cover an annual utility bill which was not cover by standard fundraising because the costs of the pandemic linger.

The Board regularly reviews the amount of reserves that are required to ensure that they are adequate to fulfil our continuing obligations.

5

Statement of financial activities (including summary income and expenditure account)

Restricted income

Income (Notes 3)

Income and endowments from:

Donations and legacies

Charitable activities Other trading activities Investments Separate material item of income

Other

Total

Restricted income Restricted income Restricted income Restricted income Restricted income
Unrestricted funds
funds
Endowment funds
Total funds
Prior year funds
£
£
£
£
£
415 415 600
-
-
-
-
-
415 600

Expenditure (Notes 6)

Expenditure on:

Raising funds

Charitable activities

Separate material expense item

Assets obtain

Total

Net income/(expenditure) before tax for the reporting period

Tax payable

Net income/(expenditure) after tax before investment gains/(losses)

Net gains/(losses) on investments

Net income/(expenditure)

//

Transfers between funds Other recognised gains/(losses):

Gains and losses on revaluation of fixed assets for the charity’s own use

415 -
-
600
-
325 325 250
85 85 314
410 564
5 36
-
5 36
-
5 36
-
-
2,823 3,137
Other gains/(losses)
Net movement in funds
Reconciliation of funds:
Total funds brought forward
2,823 3,137
-
-
- 2,823 3,137
Balance Sheet
Fixed assets
Intangible assets
Tangible assets
Heritage assets
Investments
Total fxed assets
Current assets
Stocks
Debtors
Investments
Cash at bank and in hand
Total current assets
Creditors: amounts falling due within one year
Net current assets/(liabilities)
Total assets less current liabilities
Unrestricted funds
Restricted income
funds
Endowment funds
Total this year
Total last year
£
£
£
£
£
Unrestricted funds
Restricted income
funds
Endowment funds
Total this year
Total last year
£
£
£
£
£
Unrestricted funds
Restricted income
funds
Endowment funds
Total this year
Total last year
£
£
£
£
£
Unrestricted funds
Restricted income
funds
Endowment funds
Total this year
Total last year
£
£
£
£
£
Unrestricted funds
Restricted income
funds
Endowment funds
Total this year
Total last year
£
£
£
£
£
2,823 2,823 3,137
-
-
2,823 3,137
-
-
-
5 36
5 36
-

7

Creditors: amounts falling due after one year
Provisions for liabilities
Total net assets or liabilities
Funds of the Charity
Endowment funds
Restricted income funds
Unrestricted funds
Revaluation reserve
Fair value reserve
Total funds
-
-
2,828 3,173
5 36
-
-
-
-
- - 5 36

The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.

The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies’ regime and in accordance with FRS102 SORP.

X

Kurtis-Jay Castle Chair

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Note 3 Income

Analysis of income
Donations
and
legacies:
Donations and Legacies
General grants provided by
government/other charities
Other
Total
Charitable
activities:
Other
Total
Other
trading
activities:
Other
Total
Total
TOTAL INCOME
Other information:
Analysis of income Unrestricted
funds
Restricted
income funds
Endowment
funds
Total
funds
Prior
year
£
£
Unrestricted
funds
Restricted
income funds
Endowment
funds
Total
funds
Prior
year
£
£
Unrestricted
funds
Restricted
income funds
Endowment
funds
Total
funds
Prior
year
£
£
Unrestricted
funds
Restricted
income funds
Endowment
funds
Total
funds
Prior
year
£
£
Unrestricted
funds
Restricted
income funds
Endowment
funds
Total
funds
Prior
year
£
£
Donations and Legacies 415 - 415 600
General grants provided by
government/other charities
- - -
Other - -
Total - 415 600
Other - - -
Total - - 0 -
Other - - - - -
Total - - - - -
- - - - -
- 415 600
All income in the prior year was unrestricted except for:
(please provide description and amounts)
N/A
Where any endowment fund is converted into income in the
reporting period, please give the reason for the conversion.
N/A

9

Where any endowment fund is converted into income in the prior period, please give the reason for the conversion. N/A Within the income items above the following items are material: (please disclose the nature, amount and any prior year amounts) N/A This year: Where sums originally denominated in foreign currency have been included in income, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up). N/A Last year: Where sums originally denominated in foreign currency have been included in income, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up). N/A

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Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

• and with
• and with
x the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014
the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)
x

The charity constitutes a public benefit entity as defined by FRS 102.*

1.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

An explanation as to those factors that support the conclusion that the charity is a going concern; Disclosure of any uncertainties that make the going concern assumption doubtful;

Where accounts are not prepared on a going concern

Not applicable Not applicable Not applicable

11

basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.

1.3 Change of accounting policy

The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note { }.

----- Start of picture text -----
Yes
-Tick as appropriate
No x
Please disclose:
(i) the nature of the change in accounting policy; Not applicable
(ii) the reasons why applying the new accounting policy provides more
Not applicable
reliable and more relevant information; and
(iii) the amount of the adjustment for each line affected in the current Not applicable
period, each prior period presented and the aggregate amount of the
adjustment relating to periods before those presented, 3.44 FRS102 SORP.
----- End of picture text -----*

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP).

----- Start of picture text -----
Yes
-Tick as appropriate
No x
Please disclose:
(i) the nature of any changes; Not applicable
----- End of picture text -----*

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(ii) the efect of the change on income and expense or assets and liabilities
for the current period; and
Not applicable
(iii) where practicable, the efect of the change in one or more future
periods.
Not applicable

1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47 FRS102 SORP).

Yes
No

Please disclose:
* -Tick as appropriate * -Tick as appropriate
x
(i) the nature of the prior period error; Not applicable
(ii) for each prior period presented in the accounts, the amount of the
correction for each account line item afected; and
Not applicable
(iii) the amount of the correction at the beginning of the earliest prior
period presented in the accounts
Not applicable

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