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2021-03-31-accounts

Sandwell Youth in Action

Charity Registration Number: 1182971

Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2021 for Sandwell Youth in Action

Sandwell Youth in Action - SYIA

1[st] Floor, 130 Cape Hill Smethwick West Midlands B66 4PH

Sandwell Youth in Action

Contents of the Financial Statements for the Year Ended 31 March 2021

Page
Trustees' annual report 2
Independent examiner's report to the trustees 10
Statement of financial activities 11
Statement of financial position 12
Statement of cash flows 13
Notes to the financial statements 14
The following pages do not form part of the financial statements
Detailed statement of financial activities 19
Notes to the detailed statement of financial activities 20

Sandwell Youth in Action

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

1. INTRODUCTION

The Trustees present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).

1.1: EXECUTIVE SUMMARY

Sandwell Youth in Action (SYIA) is a youth-led organisation from minority ethnic communities in Sandwell Metropolitan Borough Council which stands for supporting young people to demand and deliver a just and sustainable society for all. It works to make sure young people have a voice, living, sexual rights and are leaders in preventing and solving the community’s challenges. It works in partnership with both local and national organisation in the delivery of its programmes to increase young people’s participation in decision making process from community to national level and provides capacity building training and raises awareness for youth on numerous issues including Sexual and Reproductive Health, Livelihood and Civic Participation, youth poverty, etc.

The group started on 27.03.2017 in Smethwick, Sandwell by a group of young people from different BME communities who were interested in bringing together BME children and young people from African, Asian, Caribbean, British, European, Americas, Middle Eastern, communities, in one platform to tackle the numerous problems faced by BME in the region.

The group took its inspiration from the positive thinking of Black Minority Ethnic group (BME) young people themselves who had initiated the project in response to the enormous needs and problems they face daily in the community. These needs and problems have been voiced and aired by young people during their informal meetings around a cup of tea, coffee, leisure places or sport settings. Example, groups of young people would meet at night to drink, play loud music, and graffiti the walls. Strained relationships between White and Black youths led to open conflict. In response to these emerging needs, the founders of SYIA have expressed the idea of organising young people into an active group to step forward to find solutions to the many problems faced by youth of colour. The creation of this group was then initiated to empower BME young people to play front line role to initiate positive change in their community.

The organisation is a registered charity (Charity No.: 1182971) set up to provide both general and one-to-one support to BME children, young people and young adults living in Sandwell Metropolitan Borough Council (SMBC), West Midlands, UK to help them access a wide range of support services that facilitate their full participation in the community and enable them to develop or maintain their skills to live independently in the society.

1.2: REFERENCE AND ADMINISTRATIVE DETAILS

Charity Name : Sandwell Youth in Action - (SYIA) Address: 1st Floor, 130 Cape Hill, Smethwick, West Midlands, B66 4PH Telephone number : 01215652612 Mobile: 07881563472 E-Mail : sandwellyouthinaction@gmail.com OR info@syia.org.uk Website : www.syia.org.uk

Legal status : Registered charity. Charity Number: 1182971

The Trustees

Mr M Kashindi Miss S Katanda Miss Z Ibrahimu Miss K Tumba

Charity Secretary

Mr Pena Walingamina

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Sandwell Youth in Action

Bank Name & Address Unity Trust Bank PO Box 7193 Planetary Road Willenhall WV1 9DG

Independent examiner

Godfrey Massa (Chartered Certified Accountant) 472A BEARWOOD ROAD SMETHWICK WEST MIDLANDS ENGLAND B66 4HA

1.3: ORGANISATION’S OBJECTS

The organisation’s main object as laid out in its governing document is to advance in life and relieve the needs of BME young people in particular, but not BME young people, living in Sandwell and the West Midlands through: (a) The provision of recreational and leisure time activities provided in the interests of social welfare, designed to improve the conditions of life;

(b) Providing support and activities which develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals.

1.3: ORGANISATION’S AIM

The organisation's broad aim is to support disadvantaged young people living in Sandwell in their transitional journey from being a child or young person to a more independent adult in the society. In the process of supporting them to move on, the organisation helps young people to develop community projects which address challenging issues such as community cohesion, healthy living, conflict resolution, drug abuse, gambling dependency, alcohol abuse, unemployment, poverty, education, etc.

2: WHAT THE ORGANISATION DOES

Sandwell Youth in Action (SYIA) is a local organisation of young people who work to support disadvantaged young people from Birmingham and Sandwell. The organisation aims to give young people from the deprived wards of Birmingham and Sandwell equal opportunities in life regardless of personal circumstances. At SYIA:

We run an ABC Literacy Club i.e. a Homework club to support underachieving school children in literacy, numeracy and science

We run a Job Club to develop employability skills and opportunities among young people

We run a Drop-in Centre to provide support, advice and advocacy for disadvantaged and disengaged young people

We deliver Community Sport and Physical Activity Sport to non-sporty young people

2.1: Our Vision

A service that provides a robust range of support from open access to specialised support, enabling children, young people and young adults (aged 8-25 years) to access what they need, when and where they need it so that they can reach their full personal, social and educational potential.

2.2: Our Mission Statement

Sandwell Youth in Action will make a positive difference to the lives and futures of the young people it supports. We will work with others to provide a quality service to ensure that all young people we support are enabled to lead independent and fulfilling lives through the provision of quality service. SYIA's support programme strives to change the lives of these vulnerable young people including refugees, migrants, asylum seekers, school dropouts, and the unemployed by helping them to discover and maximize their potential to the full.

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Sandwell Youth in Action

SYIA’s mission is to help change the lives of disadvantaged young people by enabling them to achieve their goals & aspirations. Many of our young people have had their education disrupted and are not in education, employment or training. This leaves them with fewer opportunities, low self-esteem and increased vulnerability.

2.3: Our Values

Our values are Commitment; Optimism; Passion; Diversity & Equality; Flexibility & Adaptability:

3: ACHIEVEMENT AND PERFORMANCE

3.1: OBJECTIVES AND ACTIVITIES OF THE CHARITY FROM APRIL 2020 TO MARCH 2021

For the period running from 1[st] April 2020 to 31[st] March 2021, Sandwell Youth In Action (SYIA) had a plan to organise a calendar of regular events and activities in line with its organisational objects.

However, from April 2020 to March 2021 this plan has been hugely affected by the Covid-19 pandemic as we had to adapt to the crisis. We have been working from home engaging with our community to revitalise mutual aid using community media to reach more BME young people as well as socially distanced outside sporting and exercising in parks.

3.2: SUMMARY OF THE MAIN ACHIEVEMENTS OF THE CHARITY DURING THE YEAR 2019

Core activities covered during the year (period April 2020- March 2021)

Covid-19 Emergency Response:

The coronavirus pandemic has disrupted the life of every child and every young person in the country. It is not only an unprecedented public health emergency, but also a challenge our society and our economy have not seen in peacetime.

Our response during Covid-19, was to tirelessly show commitment to supporting young people from the Black Country whether they were continuing to attend school or staying at home particularly for those at risk of abuse or neglect and those with special educational needs through such difficult times.

The activities that the organisation carried out to support 57 young people include:

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Sandwell Youth in Action

• Providing support advice on the Covid-19 i.e. using community languages of the beneficiaries (French, Swahili, Lingala, Tigrigna and Arabic). The organisation provided tips to young people's well-being whilst stuck indoors. For example, regularly check on the young people and advising them to wake up and to go to bed at their usual time, eat at usual mealtimes. Helped them to do things that helped their mind and body needed such as exercise, healthy eating, etc.

• Practical help i.e. the organisation helped the young people to stay connected with peers via zoom conference meetings and by telephone as well as by social media and video calling.

• Delivered food i.e. during social distancing and isolation, project volunteers were helping disadvantaged young people on low income with their shopping and other essentials (giving access to food, toiletries and basic necessities).

• Day to day essentials i.e. regular contacts were being kept using telephone, social media, to address any concern by the young people. For example, volunteers have liaised with housing providers, utility companies and other administrative bodies to address numerous concerns that the young people have raised while in lock-down.

Drop- in sessions:

We provided support around helping 72 young people to successfully integrate into society which included essential tasks such as: helping them claim benefits, apply for housing and access healthcare; money management and budgeting skills; helping them find a positive activity, i.e. education, training, volunteering or employment opportunities as well as helping them access any other mainstream services/facilities they needed, etc.

Socialising and Leisure activities:

These included evenings with music and food and disco nights, etc. and provided an opportunity for young people from deprived wards of Sandwell to meet with others in their situation in an informal, fun setting to share their experiences and ideas during lockdown relaxed periods. Outdoor leisure activities included playschemes in the parks etc. Our Christmas party on 23rd December 2019 did not take place due to covid-19 lockdown.

Hardship fund:

During the Covid-19 crisis, we set up a small hardship fund thanks to the generosity of Heart of England Community Foundation to ease the situation of 22 young asylum seekers experiencing homelessness and destitution during lockdown. This was used to provide a lifeline for those in desperate situations before a more sustainable solution could be found and was spent on things such as food parcels and clothes for destitute appeals rights exhausted asylum seekers, bus passes to enable them attend GP’s, solicitors’ or other important appointments, etc.

SYIA Multi-sport Scheme to develop refugee young people interest in Sport

We originally planned to run weekly face-to-face football, basketball, table tennis, badminton and physical exercise sport sessions over a twelve-month period. However, after the government declares a state of national lockdown in March 2020 we had to suspend our face-to-face sport activities due to government restrictions because of the pandemic. Therefore, we have resolved to move towards Online Fitness and workouts Lessons on every Wednesday and Friday from 4.30 pm, live stream on Facebook and YouTube. In order to include as many young people as possible and respond to the interests of the community, we decided to cancel the face-to-face sessions and run two weekly virtual sessions instead until further notice.

The community centres and sport centres such as Hadley Stadium were closed due to covid-19, and we ran games in the park (depending on weather) such as tug of war and an egg and spoon race. 8 volunteers and 3 coaches/instructors were involved in organising the sessions, 3 volunteers of whom had not been involved with our group in the past.

Achievements

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Sandwell Youth in Action

Quotes from Participants

“Coming to the weekly sport evenings has made a really big difference to me. I had been out of sport ever since school closed to covid-19 and was feeling quite bored and lonely. Sport sessions at Sandwell Youth in Action have allowed me to make friends with other young people who live close by, which makes me feel much more at home in the neighbourhood.”

“The best thing about the event was spending time with other young people from my home country and giving the children a chance to learn about their cultural heritage.”

“I like SYIA’s play scheme and sport club. I have made new friends. Now I play with my friends every day in the park. This makes me happy because before I just went home on my own and played on my computer.”

The ABC Literacy Club

During the Covid-19 crisis (end March through end August 2020), one of the needs aired by parents was to assist children with their home learning during school closures due to Covid-19 lockdown. Since the lockdown started in March 2020, many disadvantaged refugee children were not able to receive help with their Homeschooling due to lack of trained tutors, volunteers and IT-equipment (laptops, tablets and smart phones) to organise digitally remote teaching to support children with their distance home learning (Zoom, Houseparty, etc). This need denoted a real sense of urgency in supporting these children not to lose the sense of education. The crisis required students to stay home and also prohibited them from using public internet at libraries and other locations. Schools remained shut until the scientific advice changed. Children were affected by school closures. Being at home meant students had fewer direct opportunities to interact with teachers. Our organization had to act quickly to give them the support they most needed making sure children could keep learning. The equipment was secured to help lowincome families to support their children’s educational needs during and in the aftermath of Covid-19 pandemic over the three key areas, Maths, English and Science. Families connected with SYIA’s ABC Literacy Club through the internet whereby 5 volunteers and 1 Projects Coordinator had to work remotely to support children with their homeschooling.

Achievements

Learner’s view – Paulina, 13

When schools closed for the second time because of third covid-19 lockdown in November 2020, it was really hard for me as I had no direction. I was struggling to find what to do during lockdown. Luckily, my school started sending me some homework to do at home weekly. Unfortunately, I had no one to help me through my home schooling as my mum did not know what we were learning in school and her English was not good enough to understand some questions in the home pack. I quickly asked my mum to contact Morris (my tutor at Sandwell Youth Club’s ABC Literacy club) to assist me in preparing my Maths. Morris agreed to give me some remote support using Zoom. He also gave me a list of tasks and letting me work through them at my own pace. I’ve been choosing my activities – this gave me some semblance of control, which then encouraged me to do some work.

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Sandwell Youth in Action

Job Club for NEET YP

Through drop-in sessions, our provision has given young people access to a safe and supportive space where they could relax, discuss issues, develop new relationships and community connections that enabled them to make informed lifestyle choices in terms of moving into the world of work. Not only this directly benefited more than 40 young people, many more young people heard from career advisors and peers from the community. Upon completion of the project, young people who developed their skills sufficiently were able to secure jobs with local businesses including self-employment. Others continued to work as volunteers with businesses of their choice, other became community champions, role models, peer mentors to support new beneficiaries who joined the project.

Achievement:

QUOTES FROM SERVICE USERS

“SYIA changed my life and helped me a lot… I visited the office on 01.10.2019 to register with the programme and to seek support to upgrade my skills to have more chances to get a job locally. I was assessed and was found to be short of employability skills. I was helped to learn some soft skills related to job hunt so that I may boost my chances to get a job and improve my economic well being.

My English was good but I lacked confidence. My written English was relatively good. To help me boost my confidence, the group set up the following as targets during six months:

“SYIA helped me with access to food voucher, a bed to sleep and travel costs to get to other places where I could get help. Please kindly improve your advert as there are so many people in my situation who would benefit from your service but don’t know you. I am willing to do mouth advert for you. Thanks. (Pathy, 22 from Brazzaville, accessed hardship fund, immigration issues, etc.)

The Youth ex-offenders’ Club

During the year of this report, SYIA ran a Youth ex-offenders club to support young people leaving penal justice who faced significant challenges as a result of drug dealing (possession of illegal drugs) and violence resulting from alcohol misuse, illegal immigration; Banking and Insurance counterfeit and fraud to prevent chances of reoffending.

The support package helped the service users to identify and register with the employment recruiting programmes and they took advantage of their career development knowledge to boost their job-search skills (e.g. Tudor Employment, Ideal Employment Ltd, Best Connections, TopJobShop, CV-Library,Jobsite.co.uk; Indeed Job Alert; Total Jobs; reed.co.uk; Amazon; Diamond4Jobs.com; XpatJobs and CV now).

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Sandwell Youth in Action

Achievements

Quote from beneficiaries

3.3 OUR IMPACT

A survey carried out at the end of the financial year 2020-2021 with service users showed the following:

1) In 2020, SYIA directly assisted 105 children and young people locally and indirectly 185 through its community support services. All young people beneficiaries were empowered to build bright futures, regardless of their background or circumstances. Where our resources were limited, young people were signposted and brokered to special services.

2) More than 185 young people were provided with access to appropriate, high quality services in their local community or online.

3) Together with our network, we have been able to offer support, advice and training to equip young people with the vital life skills needed to engage in education, volunteering and employment.

4. DIFFICULTIES AND SETBACKS

The organisation, during the year, faced difficulties related to long term financial sustainability. Covid-19 has negatively impacted our organisation both financially and operationally. Financially, we have lost all our sources of income as much of our revenues come through donations from charitable Trusts and Foundations who, at the moment of writing this report were not keen on funding regular activities due to the pandemic. Operationally, we were unable to deliver our regular activities and operate from our premises where all our working assets were stored.

To mitigate this, the organisation has resolved to put in place strong financial management and regular financial information and monitoring; maintaining flexible reserves policy; robust investment in and strategy for income generation; mix of funders and contracts that reduce reliance on any one source.

5. FINANCIAL REVIEW

The Trustees present their report with the financial statements of the charity for the year ended 31 March 2021. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.

5.1. Brief statement of the organisation's policy on reserves

It is the policy of Sandwell Youth in Action to hold £3,000 in reserves for three months after the end of financial year to cover running costs and unforeseen emergencies. To achieve this, we will aim to put £250 per month into reserves from income until that level is achieved.

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Sandwell Youth in Action

5.2. INDEPENDENT EXAMINER

Godfrey Massa has been re-appointed as independent examiner for the ensuing year.

The trustees' annual report and the strategic report were approved on 10/04/2021 and signed on behalf of the board of trustees by

Mr. Mayundo Kashindi, Chairperson of the Trustees

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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SANDWELL YOUTH IN ACTION PERIOD FROM 1 APRIL 2020 TO 31 MARCH 2021

I report to the trustees on my examination of the financial statements of Sandwell Youth In Action ('the charity') for the year ended 31 March 2021.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the financial statements do not accord with those records; or

  3. the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Godfrey Massa (Chartered Certified Accountant) Independent Examiner

472A BEARWOOD ROAD SMETHWICK WEST MIDLANDS ENGLAND B66 4HA

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Statement of Financial Activities Period from 1 April 2020 to 31 March 2021

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|||||| |---|---|---|---|---| |2021|2020| |Unrestricted|Restricted| |funds|funds|Total funds|Total funds| |Note|£|£|£|£| |Income and endowments| |Donations and legacies|12,100|61,250|73,350|28,315| |Other trading activities|3,700|–|3,700|1,000| |-------------------------- -------------------------- -------------------------- --------------------------| |Total income|15,800|61,250|77,050|29,315| |================== ================== ================== ==================| |Expenditure| |Expenditure on raising funds:| |Costs of raising donations and legacies|–|210|210|–| |Expenditure on charitable activities|13,568|38,797|52,365|23,097| |-------------------------- -------------------------- -------------------------- --------------------------| |Total expenditure|13,568|39,007|52,575|23,097| |================== ================== ================== ==================| |-------------------------- -------------------------- -------------------------- --------------------------| |Net income and net movement in funds|2,232|22,243|24,475|6,218| |================== ================== ================== ==================| |Reconciliation of funds| |Total funds brought forward|9,297|–|9,297|3,079| |-------------------------- -------------------------- -------------------------- --------------------------| |Total funds carried forward|11,529|22,243|33,772|9,297| |================== ================== ================== ==================|

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The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on page 14 to 17 form part of these financial statements.

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||||| |---|---|---|---| |Statement of Financial Position|2021|2020| |Note|£|£| |Fixed assets| |Tangible fixed assets|5|11,957|1,400| |Current assets| |Cash at bank and in hand|21,815|7,897| |--------------------------|-----------------------| |Net current assets|21,815|7,897| |--------------------------|-----------------------| |Total assets less current liabilities|33,772|9,297| |================== ==================| |Funds of the charity| |Restricted funds|22,243|8,974| |Unrestricted funds|11,529|323| |--------------------------|-----------------------| |Total charity funds|33,772|9,297| |================== ==================|

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These financial statements were approved by the board of trustees and authorised for issue on 10/04/2021, and are signed on behalf of the board by:

Mr. Mayundo Kashindi Chairperson of Trustees

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Statement of Cash Flows Period from 1 April 2020 to 31 March 2021 2021 2020
£ £
Cash flows from operating activities
Net income 24,475 6,218
-------------------------- -----------------------
Cash generated from operations 24,475 6,218
-------------------------- -----------------------
Net cash from operating activities 24,475 6,218
================== ==================
Cash flows from investing activities
Purchase of tangible assets (10,557)
(1,400)
-------------------------- -----------------------
Net cash used in investing activities (10,557)
(1,400)
================== ==================
Net increase in cash and cash equivalents 13,918 4,818
Cash and cash equivalents at beginning of year 7,897 3,079
-------------------------- -----------------------
Cash and cash equivalents at end of year 21,815 7,897
================== ==================

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Notes to the Financial Statements Period from 1 April 2020 to 31 March 2021

1. General information

The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is C/O 1ST Floor, 130 Cape Hill, Smethwick, West Midlands, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

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3. Accounting policies (continued)

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

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3. Accounting policies (continued)

Tangible assets (continued)

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.

Financial instruments

A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.

Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.

Debt instruments are subsequently measured at amortised cost.

Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.

Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.

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3. Accounting policies (continued)

Financial instruments (continued)

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Staff costs

The total staff costs and employee benefits for the reporting period are analysed as follows:

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|||| |---|---|---| |2021|2020| |£|£| |Wages and salaries|4,646|1,725| |================= ==================|

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The average head count of employees during the year was Nil (2020: Nil).

No employee received employee benefits of more than £60,000 during the year (2020: Nil).

5. Tangible fixed assets

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||||| |---|---|---|---| |Plant and| |machinery|Equipment|Total| |£|£|£| |Cost| |At 1 April 2020|1,400|–|1,400| |Additions|–|10,557|10,557| |----------------------- -------------------------- --------------------------| |At 31 March 2021|1,400|10,557|11,957| |================== ================== ==================| |Depreciation| |At 1 April 2020 and 31 March 2021|–|–|–| |================== ================== ==================| |Carrying amount| |At 31 March 2021|1,400|10,557|11,957| |================== ================== ==================| |At 31 March 2020|1,400|–|1,400| |================== ================== ==================|

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6. Analysis of changes in net debt

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||||| |---|---|---|---| |At| |At 1 Apr 2020|Cash flows|31 Mar 2021| |£|£|£| |Cash at bank and in hand|7,897|13,918|21,815| |================== ================== ==================|

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Management Information

The following pages do not form part of the financial statements.

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Detailed Statement of Financial Activities

Detailed Statement of Financial Activities
2021 2020
£ £
Income and endowments
Donations and legacies
Members Contributions 2,100
730
Boost Charitable Trust
500
The Albert Hunt Trust
1,500
Heart Of England Community Foundation 8,000
The Edward & Dorothy Cadbury Trust 1,000
The Clothworkers' Foundation 4,090
The William Dudley Trust 1,000
The YAPP Charitable Trust 2,000
Sport England 6,625
The Van Neste Foundation 5,000
This Girls Can Community Fund 5,000
The Goodenough Charity Trust 2,000
The Magdelen Hospital Trust 2,000
The 29th May 1961 Charity Trust 5,000
The Boshier-Hinton Foundation 1,000
UK Youth Fund 10,000
The Barchester's Charity Foundation 1,000
The February Foundation 1,000
The Jarman Charitable Trust 250
The Pecry Bilton Charity 435
The Tudor 2,000
People's Postcode Trust 9,350
Localgiving.org
500
The Wakeham Trust
750
The Grimmit Trust 2,000
500
William A Cadbury Charitable Trust
250
The Geoff Hill Charitable Trust
100
The Rowlands Trust
1,000
The JA Gillet Charitable Trust
500
Lillie Johnson Charitable Trust 500
500
The Sir John Middlemore Charitable Trust 2,000
2,000
Lush Charitable Trust
3,850
National Lottery Community Fund
8,235
The Cole Charitable Trust
500
The Woodward Charitable Trust
500
Baron Davenport's Charitable Trust
500
The W E Dunn Trust
500
The Edgar E Lawley Fund
1,500
The Bite Size Pieces
400
The Swan Mountain Trust
3,500
-------------------------- --------------------------
73,350
28,315
-------------------------- --------------------------
Other trading activities
Fundraising events 3,700
1,000
----------------------- -----------------------
-------------------------- --------------------------
Total income 77,050
29,315
================== ==================

19

2021 2020 £ £

Notes to the Detailed Statement of Financial Activities Period from 1 April 2020 to 31 March 2021

Expenditure

Costs of raising donations and legacies

Exceptional costs of raising donations and legacies

Expenditure
Costs of raising donations and legacies
Exceptional costs of raising donations and legacies 210
-------------------------- --------------------------
Expenditure on charitable activities
Wages and salaries 4,646
1,725
Rent 1,780
3,288
Light and heat 424
830
Other motor/travel costs 2,289
1,993
Legal and professional fees 500
600
Other office costs
2,693
Consultancy & Advice 1,450
1,172
Activity Costs 6,938
2,521
Volunteer Expenses 5,831
2,592
Marketing and Publicity 3,464
200
Project Management and Monitoring 413
968
Refreshment and Snacks 2,055
285
Materials & Resources 530
150
Venue Hire 11,357
3,782
Training 1,100
298
Sport Coaching 6,743
In Kind Assistance 2,585
Awareness raising Campains 260
-------------------------- --------------------------
52,365
23,097
-------------------------- --------------------------
-------------------------- --------------------------
Total expenditure 52,575
23,097
================== ==================
-------------------------- --------------------------
Net income 24,475
6,218
================== ==================

20