2021-12-31-accounts - The Bridge Youth Project

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

	E
Tangible fixed assetS	625
Bank balances	34,896
Petty cash	100
Debtorsand prepayments	7,477
Total assets	43,098
Less:Creditors and accrued expenses	(6,787)
Net assets	36,311

Representing:
Restricted funds		6,055
Unrestricted	genera! fund	30,256
		36,311

			Year	ended 31stDecember	ended 31stDecember	2D21	Period ended 31*December202D	Period ended 31*December202D	Period ended 31*December202D
					VNRFSTRICTED			UNRESTRICTED
			RESTRICIED		GENERAL	TCITAL	RESTRICTED	GENERAL	TOTAL
			FUNDS		FVNC'	FUNDS	FUNDS	FUND	FVNDS
INCOME FROM
Churches					28,205	28,2D5		27,862	27.862
Individuals(includingunder
gift aid and from CAF)					39.639	39,639	1,930	52,471	54,401
Legacy					500	500
Schools and education	bodies		5,000			5,000	10,000		10,000
Trustsandotherorganisatlons			50,517		4,900	55,417	22.390	6,260	28,650
Local Giving gn eluding	DR aid)		6,004			6,004	22,470		22,470
Government grants (CI	R5scheme)				20,559	20,559		55,107	55,107
Donated servicm					10.980	10,98D		10,1.10	10,110
Donationsandgrants			61,521		104,783	166,304	56,790	151,810	208,600
School services					4,573	4,573		6,D20	6,020
Events					12,606	12,606
Income tax recoverable					6,866	6,866	250	9,397	9,647
Bank and other interest					16	16		8	8
TOTAL INCOME			61521		128,844	190,365	57,040	167,235	224,275
EXPENDI TURBON
Salaries and national insurance			80,878		79,167	16D,045	25,218	110,547	135.765
Penxion contrlbutlons			1,511		1D,086	11,597		9,970	9,970
Trainee support							1.100		1,100
Travel					602	6D2		1,336	1,336
yah' tie expenses								521	521
Othercosts and mpennu					2,754	2,754	1,080	1.148	2,228
Everltx								241	241
Depreciation ofequipment			738			738			175
Losson disposal ofequipment								274	274
Direct charitable expenditure			83,127		92,609	175,736	27,573	124,D37	151,61D
Telephoneandrntemet					938	938		1,633	1,633
Insurance					1,598	1,598		1,498	1,498
Rent					9,750	9,750		9,600	9,600
Printing, postage and stationery					1,953	1,953		2,229	2,229
Staffrecruitrnentandtraining					3,28D	3,280		750	750
Pubhcity and website					950	950		581	581
Sunddes					2,162	2,162		1,190	1,190
Professional fees								180	180
Payroh charges					497	497		396	396
Bankchargm					95	95		32	32
Depreciationofequinment					559	559		106	106
Management and administration					21,782	21,782		18,195	18,195
TOTAL EXPENDITURE			83,127		114,391	197,518	27,573	142,232	169,805
NET (DEFICIT)/INCOME			(216061		14,453	lI7,153)	29,467	25,003	54,470
'TOTALFVxlDS BROVGHTFORWARD			35,522		55,259	90,781
FROM UNINCORPORATED		CHARIIY					6,055	30,256	36,311
TOTAL FUNDS CARRIED	FORWARD		13,916		69,712	83,628	35,522	55,259	90,781
Dalai(sofmovemerxsonindividual			restricted fundsareset	out	innote12 onpages14 and 15.

			At31stDecember	At31stDecember	2021
			31st December 2021			31st	December 2020
				UNRESTRICTED			UNRESTRICTED
	NOTE		RESTTIICTED	GENERAL	TOTAL	RESTRICTED	GENERAL	TOTAL
			FUNDS	FUND	FUNDS	FUNDS	FUND	FUNDS
			f	f	f	f	f	f
TANGIBLE FIXEDASSETS
Equipment		4	1,688	1,573	3,261	176	319	495
CURRENTASSETS
Debtors		5		7,367	7,367		9,557	9,557
Cash at bank and in	I	6	12,228	68,943	81,171	35,346	52,563	87,909
			12,228	76,310	88,538	35,346	62,120	97,466
LIABILITIES
Creditors				8,171	8,171		7,180	7,180
NETCURRENTASSETS			12,228	68,139	80,367	35,346	54,940	90,286
TOTAL NETASSETS			13,916	69,712	83,628	35,522	55,259	90,781
THE FUNDS OFTHE CHARITY
Restricted funds	12		13,916		13,916	35,522		35,522
Unrestricted general fund				69,712	69,712		55,259	55,259
			13,916	69,712	83,628	35,522	55,259	90,781
TRUSTEES' APPROVAL
The acrounts and notes and were discussed and approved		the trustees' report for the year ended 31stDeqembPr 2021set out on pages 1to by the Board oftrustees on .....R.g....S.4(~.3@X............2022						15

			Year ended	Period ended	Period ended
	31stDecember 2021			31stDecember 2020
		E	E	E	E
CASH FLOWS FROM OPERATING ACTIVITIES
Net cash (consumed)/ provided
by operating activities			(2,691)		53,330
CASk FLOWS FROM INVESTING ACTIVITIES
Interest		16		8
Purchase ofequipment		(4,063)		(425)
			(4,047)		(417)
CHANGE IN CASH AND CASH EQUIVALENTS			(6,738)		52,913
CASH AND CASH EQUIVALENT5 at start ofperiod			87,909		34,996
CASH AND CASH EQUIVALENTS at end ofperiod			81,171		87,909
Cash and cash equivalentsare'cash	at bank
and in hand' asshown in note 6.
RECONCILIAllON OF NET INCOME TO NET CASH FLOW
FROM OPERATING ACllVITIES
Total net (degcit)/income per statement
offinancial activitieson page 7			(7,153)		54,470
Adjustrnentsfor:
Depreciation charges		1,297		281
Ioss on disposal ofequipment				274
Interest		(16)		(8)
Decrease (increase) in debtors		2,190		(2,080)
Increase in creditors		991		393
			4,462		(1,140)
Net cash (consumed)/provided
by operating activities			(2,691)		53,330
This statement reflects the cash flows since the transfer ofnet		assets from
the unincorporated charity on 9th January 2020 (seepage 2).

TANGIBLE FIXEDASSETS
		UNRESTRICTED	RESTRICTED	TOTAL
		OFFICE	FUNDS
		EQUIP MENT	EQUIPMENT
		E	E
COST
At 1stJanuary 2021		425	701	1,126
Additions		1,813	2,250	4,063
Disposals				0
At 31stDecember 2021		2,238	2,951	5,189
DEPRECIATION
At 1stJanuary 2021		106	525	631
Charge for year		559	738	1,297
Eliminated on disposals				0
At 31stDecember 2021		665	1,263	1,928
NET BOOK VALUE
At 31stDecember 2021		1,573	1,688	3,261
At 31stDecember 2020		319	176	499
DEBTORS
		2021	2020
		E	E
Accrued income		1,875	550
Income tax recoverable	under 'gift aid'	4,049	7,739
Expense prepayments		1,443	1,268
		7,367	9,557

CASH AT BANK AND IN HAND	CASH AT BANK AND IN HAND
			2021	2020
			f
HSBC new current account			81,171	86,658
HSBCold current	account			1,146
HSBCdeposit account				85
Petty cash				20
			81,171	87,909
CREDITORS
			2021	2020
			f	f
PAVEand national insurarrce			2,905	2,550
Pension contributions			197
Expense accruals			227	2,590
Income received	in advance		4,842	2,040
			8,171	7,180
STAFF COST5AND NUMBERS
			2021	2020
			f	f
Remuneration			154,859	132,051
Employer social	security costs		5,186	3,714
Employer contributions to defined
contribution	pension scheme		11,597	9,970
			171,642	145,735
			Number	Number
Average headcount duritig the period			10	10
No employee received remuneration		ofmorethan	660,000.

				I—0			lfl Ifl 0 IO	Q CO N N	O O O O	O O to r mam N N N N	O O to r mam N N N N	O O to r mam N N N N	O CO N					IUN
				0	CPZ 5						O N	O IO Ul m					IP Clt CO	0 Ot Ol
				IU
				OJZ	Q O.
					CC C					CPO Ct							CI ClO M	CI Ct
				CC
			JP OO0 0	V	Ul		0 ClO					CO					Ct Cl Ifl	O
			0	m
			00.	0	UJ					O 0 I/I		m fO
			Ol
g g	fO		O Ct	l3 0			m										tlt CO N
QIU 0 &PO OP 5 OIKo			JPI 0	IUX					Q Q OO O OO								OO O	OO O
h			JO														IO
			S
	Ol		0
	0 I		a Ol	IU
			C
			4
													Cl
		0 R'0 6	0 W C Ol 0 E IP 0 E E Ol ~O0 0 0			IO0 N a o N C E W m 4-=		TO d- 'Pft OO C 13 U0 1P '0 E 0 IP ltl IC	00 L E 0 Yl M	x '0 0 i —tc ro .0 OO 0 0 II!I 0 O I 00 E E 0 0 'Cj b CC tC		\P C 0 C 0 C O K III 5 0 .W 'a C a Ul	0 OI X % OJ 0Z IP IO 0 +. 0 00 O 0. I ac Ih	ONON 0 I 04 I m OO Ol	a E0 U CNO C Cl m OI Ol Of IP	0 0 0 O CJ PJ	X c Ol 0 Ol V

g D	m Or C 5 n fd 0 0 0 OW 0 O 0 Dl C fD 0 N In03'0	rt rdn D 0 0 0 Dd 0 ID R. I	'Ul '0 ID O O rd V 0 n0 C 0	Ut 00 R le 0 0 0 R. R, 0 0 0~0 0 0 L n n D —' H.0 O. DD D g gl 0 0 cO. DD Dl ID	Ut 00 R le 0 0 0 R. R, 0 0 0~0 0 0 L n n D —' H.0 O. DD D g gl 0 0 cO. DD Dl ID	Ut 00 R le 0 0 0 R. R, 0 0 0~0 0 0 L n n D —' H.0 O. DD D g gl 0 0 cO. DD Dl ID	Dt 09 R 0	IO 0 2. g $ 0 Dl0			DtF 0 DD V 3 0 rd30
	KO.			VODD L 0 ID							30 V0
										m	Dt
						IU
						N dd				z	C
										nTD	5' Dt	0
CI0				IO0 Ct dd			Cl Cd	d ClO		'Zn -D	m
											R.
IU										Z0	Ct
VO0										z Cl	I
											DD
											ID
											'0
												0	om
									n
											rtt	Dl0
				Vl0 O				Irl00		In D	(D C 0	0 ID ID
									Z	I	Dtn0
						CI000			m D	m Z	DD0 Df
										D	n
				Ut0				0 O0	0 mX
0				DJ0 I	00 O			O	Ot 0 z n KO
						a
										zC
										m
		V IA Vl	Vl V	Gd0 dd	m 0 O	UlO Ul 4	Vl O0 0	VI 11 IUN