Charty Règistration No. 1184745 England and Wales KIDDERMINSTER AND DISTRICT YOUTH TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMEKrs FOR THE PERIOD ENDED 31 MARCH 2024
Kiddenninster and Dlslrlct Youlh Trust Legal and Administrative Infomiatlon For the Period Ended 31 M8rch 2024 Truyto88 Mr T. A. D&nslow Mrs F. Oborski MBE Mr D. Adam (Chairl Mr P. Picken QPM Mrs C. Ho Mr P. Johnston aJr9TI Charlty Number 1184745 Pmdpd Addre88 Yrth Hou Bromsgrove Street Kldd¢milnstèr Wcrf¢e$t•rshlr• DY10 IPF Indepond8nt Ex8minor P11 & Asswat•s Charter1 CertIfd AlUIrtnts 2&29 Nvw Road Kldderninster wCeSterShIre DY10 1AF
KIddeInSter and Distrfct Youth Trust Contents Pag For the Perlod Ended 31 March 2024 Pago Tru$loes' Report Independent Ex8minerfs Rep Stoternent of Flnanc4al Athhlgs BalarKo Sheet Note8 to th• Accounts 9-15
Kiddormin8ter and District Youth Trust Trustees. Report For the Perfod Endad 31 March 2024 The TnMtoe8 present theirrnp)rt with lh8 finon¢lal ¥tthtements ofthe thartyforlhe perffyj •nd8d 31IiMarch 2024. Rofernnco and admlnlstrative dotails R•gl#t•r•d Chorlty Mumbor. 1184745 R•ol$t•r•d IXlk•." lfjddprminstar Youlh Ho Bromggrove Stre lQddBrmln8ter DY10 1PF Trust•. Mr. T. A DenOW Mrs. F. obOk1 MBE Mr. D. Adam (Chairl Mr. P. Pkk8n QPM Mrs C. Hope Mr P. Johnston ITrea8urer) structure, Govemance and Manayment Grw•rning Dmnt. The charty Is controlled by its govemiro dctumenl, Th>ngtitutioft ol a Charitsble Inco Organlsatlon vthse only voting members are its Charity Trustegs, and is rngL8tered wlth ts Charity COMMIOn. R•¢rultm•nt and appolnlThnt of n8w Charlty Trusts•$: 11 Apart from Ihe Ilrsl tharity trustees. every Irusts8 must t• appolnte(I fcrf a t8nn of thT•# y•8rg by a r&golvtK passed gt a properfy C)ved meelmg ofthe Charity trytee&. 21 In se18cllng IndMduaL8 for 2Ppdntrrt 85 chartty tNstees, t Larlty ITU8to8$ mug1 have ward to Ihe 8klll& kn¢edge and exporknnce needed ksr the effedve adNuristiation clth• CIO. Th8 charty tNstees wll mak8 avallable to e¥h new tharfty Irustae, on or beforg hh or horfirst appolnknent.. 11 A LY)py of Ihe cutTBnt Versi of the CIO (¥)nsdtuUon', and 21 A ctspy ofthe Cl(Y8 latest Tru8t888' Annual R•port and 8tatement of dnts. R•tirThntand rwnovul of Ch•thyTntsm: 1) A ¢h tmstè8 c&qses to k1 offirAry rfh8 or shè: . reures by nDtifyk¥ the CIO In wrftlng Ibut only118nough tharlty Inth remaln In 9ffi&8 th8 notke of resnalK)n takes effectto fonn 8 quorum lur meer@s1. b. L8 >bsent vthout pemi1s6k)n of th8 tharity truyt•è$ from all thelr meebng8 held wllhln a P8Fkid of srx rronths and the tru3tees resolve that hls or hor offlc8 bo vacotsd.. c. dles,. d. in th• wriil8n OliOn, gN•n to th• 4X)nvy, of a rwJlstered m•die41 prath.owr tr8atir¥J that [som. h85 become Lr mwtslly Incap• of 8cdThJ as a dlroclor aTrts may f6m8ln so for than thmo months.. &. 1$ di$qualified from as a Larlty trustee by rtue of BKticm$ 178-180 of the ChprtO8s Ad 2011 lor ony statutory Trenentor nYlfiCaIDn ofthat provlgk)nl. 21 Any p0rn0n rtitiring as a charty truslao is dkJible for Teappc4nlm8nt. P1 8erfft." Our aLeS rneetthB pu1 Lnefitby provldlng ywng poople and thg wider cornmunlty vAth a rang8 ofsoNvs. that they may olhemse Th)t be able to a(%esg. Through engagement vAlh our $gthc4$ young pgc¥lè are In a Strorr posllion to face ch811ervJes In thetr lfves, buld Ms15tarKo to n#gatlv• Innu•n¢•s, mak• a posltfve contrbuthjn to th8lrcornmurty, and le8m naw gklls h•lp thtrn grrm into rnfY. W• prDide $8rvic85 to community such as Youth House whth has a r8NJe of on off*T. h8¥ rm# th•t can be twked atvery reasonat46 ratss and 8 $P)rts h1 that can be u1 br fundr8U8lng events, partl95 arnl other fxjrfwnunlty gathorkngs.
Wo provid8 gularYouth dubs thatengoge over 140 young people on aweekly bos. In odduon to1hi8 ws FwvJe etached and outre#c 8essi¢ms. EngagiryJ yrAJng peoth In pOtIV advllles n9fits wlder wmmunmy ¥th less Ant[ Behour 1r4 repcld. young p80ple fe81iry p081Uv•abovtth8m5elv•s, inGrwod re655urance thrDUgh wsltivo mgJi¥ covewo and Ung peopk8 hthg a ehanc• to h8v• their viiThs hoard. Rlsk Mana9vm•nt: The Trust998 have 8 dutyto bjentify end revkn¥tO rf¥k8to the charfty Is exKw)sed nd to ensur¢ approwiato controls are li pL4t8 to provkl& reaaLle assurance ogalnstfr8LwJ and errar. KlddgnDln¥ter & $ttty¢xrth Tru8teJJrr•nly hgv8 unrethtaed reserves of£306.787 8long¥ide restrIC r8seNes of£32,510. sin 2013 the Trust has b8•n 8UCC88th1 In ralskng fuThJs rgJy of 8¢yJrc89 and we are conffident thet this wlll 8nabl8 US to COnra into th8 future. Howevar, KDYT f881 it Is Impw&nt to have revenue to continue our wovtsbn. as a minimum. for 6 rrnnlhs and thèr8fcKe have dasnated funds to en8bb us to s) thk8. Wgw)rk vAth vulneratle young p•or4è arKI house 8 r8rKJeol89onti85 Ihatsupportlhem, vrn must pithct them 811 from A $Iden end to the $8r¥ic•s hore and fed that through our deslgnatsd fvndB we can offer thls 8ecurlty. IYr ho thalthls reSponslE48atbtr8to rtsk nN8n8g•mentwill devdcpojnfidence In thewor we doAThJ enatrAe to d8mor6trale a ruiw8t appro to financ• that hdp atlr8Ct fundlng. ObJ0¢t1v and A¢tlvltl•s Alms and ObJ•dfv•#: The cJject of the CIO Is to act •¥ a rgsryJrc¢ for young pwple up to th& age of 25 lIng In the area of benefit by provldlng and assistar and ¢xganBing wograrnmes of F4iysk81, $dallona1. and othgr acovths as a mganB Ot. (a) advanetwj In1rf88nd helplng young p8rple byd8vdoplng thg1r$kll. capadtlss, and ¢apobllMgSto onabl¢ thtym fo pgthpate In SOGW as th)dtrpentht. m8lurE. and T88Fn$Ie inLknduals', Ibl advonctr¥ 8ckKalkn.. Ic) providmw recwtional aNI 16i8ur¢ ttme In the htar8818 0180rial welfare for FOp lfvkng kn tha area of btn8frt who havè need by reason of thdr Yth, age, Infim)tty or poverty. or sod81 and eccTh)m rcumslènceB wlth a eW to improving Ihe condlttorts of life of persons. For the purFosts of INS daus& ts 'area of bOnr 19 d•fin¢d as the tow of Kldd&rminstsr. Bewdley ond Stourpct-on-Sevem and the n4ral ama of Wyre Forest Dlstrfct Council together vrith any other weas of WoTcesteTshiwB or n9VdhbourlNJ cwntlgs wNt tho Trustees shall degrn appropriate from ts.me to time. A¢hl•v•m•nt and rfOnanc• Charll•bl8 Actlvltl•$ Klddgnnlnsterand Dbtrlctyoulh Trust has run nl•roug pftiAocts. youth dubs. trfps. UCatIOnal proIects Vith young P80plg. Wo hov• UB those to OMFOr. enthg ond gklll young PaOF4. whNst having lots of fun. IOperate a'No Wmng tk)or' apFYo8ch ktrW ths Means that any youny wr8on who pproAcMs KD for support Mll recefve K even w8 ar8 unobfe tl t11re¢Uy sdve the problem. Th18 acleved through o neknhDrk ol est8trALhed parthetship5 w1h agen¢l6s who ar¥ ak49 to deal wjth a d0 rdnga of i¥suè¥. Our wcKk 16 undgrplmed by our'AsBet Bo8od' ¥prc¢h. we believe that young peop wtth the rfght SUPFQrt can ovgrcome the ¢halleng88 in Ihelr IS and r8ach 1hdr full potential, w& r•¢ognlse this ml9ht tako tim6 and for that raason oursemces are not Im8 rnIted. youNJ p80p tell u¥ thi8 is vary lrnportant to th•m. We h8ve Young L88ders IyoutVJ P80pk who aro actwoly invc4ved In the runnlng oftho Charftyl who foadbackfrc Yj PoopLg aTrJ 61t on the Mgnagement Committee th equal volhg whts to other members. Ea. Thgts(albes atYth Fbuse cc¥*inugto bguwl onan Incre861ng basts. Infomiatton gatr0d wr8 shows Usage by dlfferent wmmunity grou and a d+ rangè of ag85 frorn babies to reti p80ple. The hours of us8 from 8am to 28m. 2am seJyhvJ the need of the Bangladests Communty, many of wly) w(¥k In restsur8nts aThJ donl flnish work unll 1am. our flieS ena0 them to play sports after work. which is gtsatjy apprx4ated.
C>ut¢¢Jm••.' lfjddenn¥i$terYouth Hou¥e is a¢SSed large PErtentage ofthe [lmUnity. Pèopb ere Blb)leroTrJ happlw beuSe theIrgageMentith Kkldemiln8t8rYouth K1dd8nnlnsterYjth Hous91¥ o flnandal bgnefftto the TnrBI. Youih Club$.' Our weekly Youth Cluh remain Fwvlar, WÈ a Thui•doy Ythy Ivh55ch roplac8d Junkn Youthy uelo ages}whlch rogularfy attfacts ovor90 young people and sees now rnembors a8¢h woèk. F10n Youth aub is for young p80p18 who n88d adthtlon81 suppJrL IhTrs fu5 of thls youth ¢kJb h88 over tsme to a¢¢omrrKdate non4lagrvxed add0nd need8 8wh as anxty. $trèss. lsolatbn. seif-eltem, anylhlng else that mak98 eoming dh•r dul 8 ¢hall•rrfJs. r LGBTQ+ Youth graP remalns pJpular 2040 rngular m8mÈers t8klng parL Outwn•$'. Reductlon In Incldence6 d ASB. youre peopl• •nIOn9 themsefveB. devdoprnent of lon temi SUPkK)rd reLqloMhlps, young peopk So119 arns dgvdopiThJ eommunlcatth Skil6. Young poopl•ew'drop tn. to Y¢Jth House any weekday atsmon lo ae¢•ss SUPFXJrtfrom ourteam, thLs g•Nle8 Is w(l#rIY t•nèficA#l tr& young ptoplè ¥tho ar8 drand no longer(x to youlh dub. Drq> In (al with a rango of a yourvJ pomn may have. Outcom. Young people to acce88 8UPWt a range ol L88ue8 In a loc8J thay k[ wtl Bnd wth staff thw hava vthed wth for yows. Det•ch & 01•4¢h WI)". We Nn rngularthtschp•J Be851)n8 in tho local mM¥JnIÈS vthh eyrtenc&J 8talTr. often th18 55 In re5FnSe to community or Polke uJncrr, wg Orgo wur¥J people eT0 thgy m••t and. on th•k torms, to find $olutlon5 (o any they may have. Out¢omM.' Reductlon In ASB; young p8cG49gngaggd &$upport•d'. Impmv¢d outcoM¢$foryung pa)0. young p8opI8 rnwJ8 aware of our 50rvK•s. Commu Youth Work•rn: A now prol8d thlb Ilwd81 year, has seen thg rwultrnont of 2 YIKth and Cornmunity WorkoTr. thSng In the 4 most d8prw•d areas cf Wyr• Forest they enga9e wilh yrrfJ peoplè. th• cal communty, schods, communty grou to take the KD se($ krto th0 arètts. (hrt¢OM'. Inueased support for yoww P80Fl8. incrBas•J th0¥•e of the 8eMc85 on orfer at KD. partTrehip working, Improved outcomes for yowg pwlg. POt8ntKql 15sue5 kSenJfied ead18r, ond ro$rth0$ put in placo. Mentorl q: Thi8fingnci81 yearhas wen a8ynDbntlr[¢5e in thenumterofyoung pe09 rgfeTf8dfDr m8ntorfng at K0, the Communlty Youlh Worker hove meniorirva a8 a tsrgtrt for thglr worK And thls has resulted In an increa5a thrch0UI Wyre Forest. OutGomos: yn9 pwle dId&1, tsrgotod 8UPPOrt from qualffiad youth vffjrkeT4 tho arrarvJemwrt 18 baged on our thncie5 of voluntary •ngagemenl and worklng in Bn assèt b8s8d way. Yj FeOplafelbaCkthatthIS is agoo¢l proce88. 8ndtWfeel Ih8yhav•tsJntrd Overw k happenlrg. Pro rnmme'. We provlde atht$ dwing gvery he41day, Inctyjdkng a fvll summr M)IKlay PTogrammB. 8CtMtI85 81? annI by pp1a and prfce8 ore 8utssldls ty grants. For many young poo& ln thg Wyre Forest Area these progTammgs aro thg onty thanc8 ¢hey got to 18av• l<jdd•fmstsT Bnd visit n8W aees. (l¢0m.. Youw havkng fijn In a 8afe environm8nt,. Irn skills &deveknp sdf-confidgnce.. strorq r•Jalonshlps d$vdeyod. Pamnts: In ptrthership with the koal Earfy Help Team. a weeY 'Young Parertb. gmup takes place at Youth House. ThB group al yrAJTrJ parents to 8Ce•89 Mkhl¥e8 and Heolth Msitor 8•Trlr4s in a $8fo Onronnt. lknom•8: H•dthler ywng p8W8 whh Increa8ed pargnllng ¥n8, hdF4w to dov•lcp hgalthlgr Iwppy babig5. R••ld• la .. Although rosklsnlals ar8 expon6 Yr& ppIe infom u$ thot ImFQrtanl to them, Pro1ng Ihern wlth ngw eXp9n. vthlst increasiwd skills and d9vd0r¥J TdaJoh&pS from wN¢h th•y tAn g•t PO8itfve suppo Out¢om••.' Young people hthn9 new eypgrferKes: incrnasthl CL)nM8n( & sklll&.' imprnvthj r•l#thonslYp $kllls.
Indlvldual SupporL' AlorvJ5idg form rnentortng. we off8r a wge of IndlMduo1 Sukwrt to yourffJ pwle whlth tskes ce outshye youth dub Ime. We work on aer manogerngnt Sgif-¢¥t98m. oJnffidgnce & assertivefiess. eomrnunlcatkn sktlls. famdy mediation aTrJ we arè 8fs0 available lor B 8lmple chat arnl a dthk. thls k wh8te 80rn8 of our m¢>st Nnportant wcfk wllh yourKJ peoplg takes pr. Outcom. Improv relgtlonships knilw.. increased rttslIle & skllls.. in hannful behavrour. Youth Engag•ment & Ernpow•mwrt: WÈ arg very proud of how work with your¥J people lo engage them (n Ihe proces585 that affect them. Internty we hava our Young Adv$ vtho wort wth yryJThJ pPIe to get thelr view$ and ensure th8s• are heard at all 18vo1¥ of the charty. Youro Ad80[5, at Mwagement Committee level. havg equ81 vtsng rights to exfjsting TwBtee6. Wè have aL80 enabled young people to hav• their ¥cico heard Sn de¢i5iDn makirvJ prc¢•s68s IndudlrvJ thè NHS, Local MP, County Countyl. UiiverBity re8e8rth praramme& much rnore. outcom.. Young P80F49'$ 1C8S hgaTd', Yng peoplo irffluencing deci4on makkng at drfl8rnnt1gv8L8 & ngagirvj In the prDC8SS&S Ihat affact them. ProJ•¢t wo. Wg run wc4acts thmughout the r to ena0 ywng peoF4è to Inu•ag8 their 8kils and abllM6$. Mr6l proieets arg run becausè of yourrfj peop p1$s81ng a need for thwn. vthlst 5Lno ar• run in pon8e to 8 kical nation nèèd. Out¢ornM.' Inuease(I ccfftl(dgnce & sell-gSt88m. Improv8d mentd & physlcel health. kvoductNe IatrJn8hips.1rn$ed skills & resi11&re. and young petyla kn heath18r r8klonships. Flnanclal Rovlew R•#•ry•8 Pollcy Kldderrnlnst8r & Dlstrf( Y(Hrth Twst managèd by the Board of Tyustees. whiL%t th8 dBy-txlay runn(ng Is Jrnink8tsred by a toam of pakl staff. Thè charity otm8 to rn8thtsln sutficlent fu18 80 that its charitsble Ac4lvilla8 can contlnuè to be Pro7ded wlhout disrupJon. We 11 keep sufficlont resgNg$ so Ihat arè ablè honour Clffimitffn1& to o)mmluh)nern. knder¥. IrAr hol¢J8rs and to engjm our dients woifar8. To hlev0 this, wo aim to k¢gp 6 morths fUnn1r costs as deslgnwl fund8. Th098 are wntaned wthln lh8 Lresded ts58rv8s of tha Tru$L Prinelpjl Funding Sourry4 Fundityd currently ¢ornes from a T8n9e of fund8F5 irKluding w¢•$torshi Cotty Ccunc41 th• TnJ5t tg provld& Posftivg Ae9 for Youry People In the Kfjddemilnstèr area. other knTrJer8 who fiJn¢J spetsfic proi*t work such 88 tho NotiCal Lottery Communriy Fund. Spwt Engnd, UK Youth and Trustho? ¢haril8bla FoundAlon. also rec•lvs donatk>M from L[ CouncllNs, busin•5585 V+fv> $99 valuo of I Jrk we do. Thls fundlng Is und•ryJlnned ty the hire of frKililI at laddeInster Youth Houso whlth suppcrts tha day lo day [nIng of thg TiusL R••trlct•d Fvndi Wrfh IrKreaslw dNw¥ity in fimdlng SOWCOB. fUlern often ask us to put the fvndiro Ihey givg US hrto restricted funds. In 2023124 these wern.. Young Solutlons Sutton Croft IHAFI Ylor¢•st•rnhlr• County Coun¢ll Garfl•ld W•8ton Tum•r Trust Wyr• Foro8t Dlstrl¢t Coun¢ll Actlv• H•r•Fordshlr• and Wor¢•stgr¥hlrn IG•n 221 Future Plans.. We dm to ntillu& to s•rvicgS to young paopb thTough a range of mth)ds. Wa ntInualty dovolop our $8NC81 based c#1 foedbad( Irwn Yn peopl&. partners, th• wider comrnunty. to enwra Ihat we are having t4gg•st impact can.
In the next 12 Irnths. we are k)?n9 to derrwstrats the irnpad of wr w?rk in a mrè aCtsSslb Mnar. to Inrxw d•snding frThn ¥ wvJ¢r aud1¢•. We are also I0r¥j al wc¢kir¥J dTh$8ty *fjth1o21 IxJsln9s6es to support yowg peop. I¢mnster and Di¥bid Youlh TrLWt 18 8wargth8t kn CATr.U& to pffjwde serrfees to young peopk8 and ts widgr comt7vJnltyw6 noad to be up ID datè wlth curront researeh, tronds and need to t•Japl crwOrk acc(Ydin9ty. On behawolthe board ofTruste8s: Davld Adam Tru¥ts Dated
KiddeTminster and District Youth Trust Independent Examinerfs Report For the Period Ended 31 March 2024 I rèp)rt on th 8CC41unts ofthè eharity for Ihv Feriod ended 31 Marth W24, whlth arg sot crtJt on p89os 1 to 15. op•¢tlv• r•w•nslbllltiths of trust••s and •xamln•r The eh8riV8 trustees Ar8 respo frx ts ptyaration ofthe accthjnts. Th¥ charfty's tru8tee9 consider that an aLbJit is not wuired for this y•ar under secttsn 144121 ol the Chartti83 Act 2022 (the 2022 Adl and that an Irthndent èxwnirdtion Lfj ne•ded. ex8m1 tho acnts under sectbn 145 ofthe 2022 Act to Idlow thè wocedur85 laSd down In tho general Dlreeucw by th& Chath COMMI0 und•r seKlon 14515llbl ol the 2022 Ac4., and to state wh8ther pathular matters hav8 wngto my attonlcm. Ba818 ¢1 Indop¢ndwrt wAamlnePs r•port My ex8m1naty"c was Lxrri•J out In aLwrdanc th gonwal 1Xrectior gen by the Charfty CorYwntson. An exarninaU¢)n trud&S 4 rgview of the actountlng reo)rds kept ty thè charity and a crmpwlson of Iha accwnts pr8S8nted wlh those records. It indudes con5hderation ol a¢ry urw¥ual Items or dlsdjsures In th8 nts and $8ekhJ 9xanationS Irn you as trusteas conrrnlng any sueh m8tters. The woc•dur85 undertaken do not ovide an the evldonce thet Uld be requlr8d in an aud and nSequentlY no opinion is grvon to ththerthg ccounts pr•sent a and fair view. and th• report IB Ilmited to Iho¥$ mattgrs s•t out in the noxt 8tatsment. Ind•p•nd•nl examln•rf •talem•nts Th• arUnts ha teen prepared in a¢Idance thg charty's oJveming document, Thè cha$ Act 2022 Bnd 'A(x(Jnting and ReporttThJ by Chae$.. Statement of Racmnned Praclic8" applic8lAe to pr8paring Ihe accyJunl8 Sn accordance wtth th8 Fandal RaportirwJ Stsndard aPplble in th8 UK and Reput4ic of Ireland IFRS 121. las amended tr a¢UnI[ perfod8 commendw l January 20161. The charity 15 a Pubfic 8gnefft Entty as dofin&J ty FRS 102. In comection whh my arn1rtIOn. no matter has ctyne to my attentlon.. gNo3 rne reasonatt ¢au8e to beli8V8 that in any rnatsrial pect tha roqulrEmgnts.' to keep accounts.rvj ro¢ords In accorda vhth 3eCtic 130 01 the 222 A¢t'. and to prepare accojnts acctrd wilh the aCUntIr9 rot>xds and MPty Ihg aEcountirq rnquirernents ol tho 2022 knt,. have not begn met or b. fo wfiidb, In my oplnion. attention 8h(NJkl be drnwn in to en8N• 8 mer uThJer8taThJir4 of Ihe alunt8 to b• reathed. r Geo9 Powdl po11 & AsSeat¢S Chartwgd Cortifled Accounlants 28-29 Naw Road dderminster Wotc85tsrshl DY10 IAF Doted
Kiddemiinster and District Youth Trust Statemént of Financ481 Activities For the Period Ended 31 March 2024 Unr•8trlcted fund• RtrI¢l¥d Funds Total 311312024 Totol 311312029 In¢om• from: Donatlons and wan18 Rent and Investsn8nts 12,270 98,886 228,782 241,052 98,886 278,154 87,208 Total Inw 111.156 228,782 Exp9ndlTr gn: arhatle 261.1rJ N•t l•xp•ndliur•)nn¢om• for thB y•arl N•t m¢>vgrn•nt In 42,761 {32.3411 10,420 48.178 Fund at 1 Aprfl 2023 264.026 28.871 282.701 Fund b•1Ml at 31 March 2024 306.787 328.87T Th0 8t8t¢ment of flnaniial a¢tNib88 indudèts 811 ga6 and108808 rKognlsed In the p•10d. AJ Incomo and expandllure defve from conllnulThJ advlO•s.
Kidthmlnster and DislriGI Youth Trust Balancg Sheet For tho Period Ended 31 March 2024 3110312Q24 3110312023 Flx•d Ass•ts Tangl6 Ass¥ts Curr•ntASts Debtors Cash at bank and in hand 48.741 56,753 47829 254,767 302,696 11.467 272,198 283,865 Credltors: amounts lalllng du• wllhln gno y•ar io 11.541 Net t¥rrent a88ets 290.556 272.124 Tal assets18ss cunI liabil89 339 297 328 877 Incomè Fund• Rethcted lund8 Unreslrthd fiJnd6 11 12 32.510 306.787 84.851 284.026 328,877 Tho accounts wwè approvad bylhe Trusleej on ............................................. Mr D. Adam {Chairl Trn•t on ur•
lQddeThinstgr and District Youth Trust Notes to the Finandal Statements For the Period Ended 31 March 2024 A¢¢ountlng poll¢l•• cmrtty Infornloilon Kl(hJermlnster And Olstrlct Youth TnJ81 charftstrA$ IncorFthted Olgls&1(0n ICIOI govwned by the Charity Commissn for ETrJland and Wales. A¢¢ounling ¢onv•nlion The a(%cJnts havo be prepared in acLdarK• with th6 ¢harWs govemlrvJ dcvJm8n( Th8 Ch]05 A£t 2022 Ind 'AccountSng and R8POrtlng by CharfOos: StBtsnnt of RecommBnd&d Pr8Ctlce" appllcable to charfti8S pmparing thè #ccounts in accordarKe with the Financial Rèwllng Standar<l 4)P1t8 in the VK R¥)ublic rf Iraland IFRS 1021. {89 amèndad for•(xountino wriots ¢0mmeIng from l January 2016). The charfty IB a Put4 Benefft Entity Is defined by FRS 102. Thg ch8rrty ha8 taken advantsge of the in the SORP for tknaribes #pn0 FRS 102 not to preFere a Statement of Ca6h Flows. Thè aitlxnts ar• prepar•d In 8t8rNng, whkh Lg th• fimcllonal currency ofthe chartty. melary arnounts in th989 fina81 st8temMt$ #re nunded to the nearest £ The gccounts b08n prgpgr8d uTrJ¢r tho histcficd cost convention, mdthed to Indude thg rovdualon of freohokl propert1 and lo Sndude investment wopwlg¥and certain fmawKi81 InglNm8nts atfalrvahK8. Th&wlndp81 acrA)unUng poldes adoptod are set out 11 Qolng ¢onc•m At the tirne of Bpproving the xcounts. th8 Irust888 have a reasonable eycl8tkni that Ihe charity ad8quat8 r8sourc88 to OtInUe in operalional eXthn ft)r Ihe forès•èable Thus. the trustees continue to adopt the Irwj (eM ba¥1¥ of ac<ountlng In prgpartn9 thg amnts. 1J Charltabl• funds Unre5tiicted fundB we 8vw18 for use at th8 dlsCTrthJn of tho trusi8•s In furfhoranc• of Ihglr charftsblo obl8¢ unlèss thè funds hav• baèn dèilgnatad for othèr purposès. Re8tiided fvnd8 9re subpci to sperafic ¢ldion$ by donor¥ to I1h•Y may b8 u9ed. The purpos88 and us68 of rgstrlthd fvnd$ are sot out In Ihg [te$ to thg acwints. IA In¢omlwJ r•sour¢ Is recwnls8d when th? ¢h8rity legally 8ntided lo It aftèrany porfonnan( condMon$ beon meL Ihg amounts can ke mèAsuf8d T8&bly, and it probab18 thAt Int¥ lI.b r•cefved. Cash donakns are rwni8•J on receipL Other dOtionS are re¢¢#Jnl8•d the has b88n rulj of donalon, unless perfomHni ¢ondlUorts requlre d&f8rral of the amount Inwn8 tax r8covornbl• in rdaliDn to donadons rttdved urbdor Glft Ald ordeots of eovenant Is rwnlsed at the Ime oftho donatlon. Legaths arn reecgnt8ed on reeelpt or othernvkn 11 the cthorfty trA8 b68n rd crf an Impendlng d18trftthtm. the arnount 15 krn, and rnceipt •xpxtod. Ift amDunt not kno, the legw 1$ trea as a nti1vdent 888eL Tumov8r Is rneasurr at th8 falr ¥0 of tha consld8ratbJn rec•N•d r8c8NaNe and rgp¥esgnts arrInts rec8bK?f0rgoQd5 80ryic¥8 provid•Y In rh)rynal cour88 0rbwn, not 0fdlscJTrts, VATand other8ales
Kidderrnin5tgr and Distri¢t Youth Tru51 Notes to the Flnanoal Statements (continued) For th& Period Ended 31 March 2024 A¢¢ountlng polld Icontlnu•d) 13 Tanylble ftx•d •as•l• Tanglbl8 flxed as891s are mea¥urBd Bt cost and subsoquenly rn•asur•Y at C05t or valuatbn, not ot depreciation aThl any Impalmient l)ssg8. Depr•datlon Is rgcogri98d w a$ kn wrlte off th? cost orvaluauon crf•889ts1o¥¥ thelrvajugs over the u6efrJl Ilv on the foll¢x%4ng ba8•8.' FLxturB¥. n93 & oquikknent Motor Vehicb8S 15% Straight li 20% Radurang bal8nc& The g8Sn orloss orfslng ¢Jn thg di¥p)881 of an asset18 dalerrninèd as the dpfl8re9 betsveen the sale pro5 pTr the catyng v81uè of th8 888gL and Is reo)gnlsed In nèt ineomellgxppdI1ur9I for the y8ar. knp4lrmgnt of flx•d ass•ts At 8ach reprKtirKJ ènd dato, the charlty r8vl8ws Ihe carrytry amounts ol tangIb a8sds to determtne whether thore Is any irmlicatitsn that thoBe assets hav8 suffartd an impBirrnant 1058. If any such Indlcatron Sts. Ihe r•COv•Mb arnoJnt of Ihe 8$set Is •stirnatsd in ordor to det8rmlng thg extent ofth6 Impalmient loss Iwgry). Intangible assels wlth IJefinite useful INes and tarJ11a6sOts not yetavaiLqblèforusg arg tsBtsd for Impainnerrt annually. and whenevgrthwe is an indication that th8 awt may be imp8[r1. 1.7 Cash and cash 8qulval8nts Cash and c88h equlvants mtudè¢8sh in hand. deposit held etcall bks. otharshort-t8nn IiquKI lnveSknts th original malurlttes of thr89 rrnnths or18S8. ond bank overdrnft8. Bank 0¥6ft1rafts ar¥ ¥h)wn wtthln t4)rrrMlngs ln curront Ilabltitios. IA FIMn¢lÈl SlIrnents The ¢hprfty hgs thted to aFf4y the provibfon8 of SeCtn 11 Ba8lc FIndl Instrurnènts, and Sèclk?n 12 '0ther Financlal Instruments Is5Ue5' of FRS 102 to all of rfs finan¢hql instrum8nls. Fin¢181 Instruments are recrfjni8ed in the chwltls b#Lgnc• 8h•èt when charfty becornes paty to I c•ntractual prOw0n of ts in8tNmonL Flnanrl¥l assgt8 IIBbllltkn offÈ•t, ¥Ath thè amounts presentsd In thofinancLg1 ststèmonts. when thwe Is a k9ally )r¢eae rfght to set off th8 r8CC¥3nised arnnts and thorn is aitentiDn to 88tt1a a n8t ba$L8 crf trj rgalL89 the asset and settb th• Ilalilty $lMuttanU8Iy. 1.9 Empl•y•• bono11ts The ¢c6t of any unused holldoy entll8m8nl Lg recogn18ed kn the perfod In the noYee'S $8Nk88 are Temilnath)n beneffls ar8 fBcognk88d irnm8diately as an n5• when th• charlty k d•M¢stratsty cMml•d to torMIna tho ernOYment Of gmployoe or to WO9 temiknthn ben8fits, 10
Klddemilnster and Dlslrfct Youth Trdst Notes to the Financial Statements {contlnu8d) For the Period End1 31 March 2024 crtttc•l a¢countlng ludg•mwts and ••tlm•t•• In appllcatlon oftha chwlVs o[ting ptslickn. Ihe tru5tW 8re r8qvlred to makejLKtgements, esJmates and Bssumptions obovt the amount cl assets al li8biliti88 that are rrtit re8diFy Bpperent from other sourcBs. The oslFmatss and a5SOCk918d arg based on htstorfcal expwlence and (ther factors that are 3rIdered to be relev8nt. Actual rosults may dtffor fTcm Ihese 8sim8te6. Tho &sUmato9 and wId.O assumpInS are revled on an ¢xvJolng basis. RevL8bns to accounting nate¥ are r8cognlsed In tho Porfod In whk tho eslmato * rewsgd wh8w th8 r8VisTrJn affts orly Ih9t Perkd. or In Ihg Fer)Y ofthe revislon and future periods whare tha rev10 #ffects both vjrrent and fure pertody. Donatl¢)n8 and grnnts Tot•1 3113r24 Tolal 31rJ123 fund¥ FundB Donetlons. gffts a)d leg8¢i2S Grant5 12,270 4,000 224.782 18.270 224.782 5,821 272.333 12 0 228 782 241,052 278,154 R•nt •nd In)•ThI• Tot*1 3113A4 Total 3113123 Rentsl inceme Interest rthab 94.e41 4245 85,687 1.fj21 9886 87.208 11
Kwjderminster and District Youth Trust Notes lo Ihe Financial Statements (continu8d) For ihe Period Ended 31 March 2024 Charftabl• a¢tlvlli•s Toial 3113r24 Total 3113113 staff Costs 210,324 9.162 S.854 4.569 13,772 25,904 196,43B 9.765 3215 5042 15,758 34.784 692 3.737 3.419 38.588 540 315 3,720 1373 Insuwce Llght and Heal Ropalrs and Melntsnonce Pogtsgè 8nd stsl10ty Computer Cc*ts Telephor Activity Cosis L41 and Prof¥s8ional Foe¥ Tralnlro ArtanCY and Payroll Bureau Sundries and Subscriptions Los6 on disposal of fix8d ass•t Debts 2,675 4.020 39,145 1,223 2,940 5,526 1829 2.027 329.518 319,186 Forthe year end 31 Marth 2W24 319.188 An4ly#l8 ty fvnd Unre8trScted Fund6 RBStrlct8d Funds 261.123 329.518 Forthe year ended 31 IAaYch 2023 Unrgslrictad FuThJs Rethcted F4mdJ 79.047 Th1••$ Non0 ofthe Tr18 lor any por80n¥ conn•¢t•d wth Ih¢ml rorgNed any reffluneration during the year. 12
Kidderminster and Distri¢t Youth Trust Notes to the Fin8nrAal Stst8m8nts (continu} For th8 Period Ended 31 Mar¢h 2024 Ernploy Number of employees The av8rage rncnthly numbgr of •mploy06s durfng th& year was.. 3113124 Numb8r 3113123 Numb•r 10 10 Empknym•nt ¢o#ts Total 3113124 Totol 3113r23 Wages arvj salari88 210,324 196.438 Tanglbl• fftx•d 4•8•ts At 1 Aprll 2023 Addllions D16posaLs At 31 Marth 2024 111.721 7.979 Lktpr•¢latlon and Impalmi•nt At 1 Awril 2023 Depredthn dmrgèd in thè per1 Ellmlnalèd on dl4>osÈI At 31 Marth 2024 9.182 7,051 3,079 ¢•rrylng amount At 31 March 2024 48,741 Al 31 2023 56.763 O•btor• Total 3113124 Total 3113r23 Amounts falllng due T*lthlTr ayear: Tradt Dobto 46.462 9,361 PPaymerrt$ ond actrued 13
Kiddemiinstgr and DI5Ct Youth Trust Notss to Ihe Finanaal Statements {continuod} For tha Period Ende(131 March 2024 111 Crlt01$., •mounts fllllny du• wllhSn • y•ar Totsl 3113r24 3113123 other creditrys 7.040 6,441 Accruals defeThed In(xJr 12.140 11.541 11 Re8trtct•d lund• The incom• fund5 ofth• charfty Indude restrfcted funds rnrnprisKw Ihe fo10.n9 npanded bol&n¢e6 of gYanl8, donatyons and grfts h8ld on trust for spedfic puJposes: Balance •t 1 Awll 2013 Incom• Exnl Balance at 31 Mar¢h 2024 Y¢Jung Solulo 21.248 (21.2481 Sutton Croft IHAFI 19,810 119.8101 Worcostorshlro County cnc 23.061 21,257 131.7081 12.550 Garfl8kJ W8ston 15.000 11S,000) Turner Trtl 2,000 (2.000) e Forest Dfjthct cou1 20.790 185,667 1162,497) 19.980 ActNe Hw•f(rt & Worc•3terslir8 (Gen 22> Mwgaret W8BhvL*id 4.800 14.8CQ) 4.000 14.OOJ) 64.851 228.782 1261.123) 32.510 14
Kiddemiinster and Dlstrlcl Youlh Trust Notes lo the Finanaal Slalements (continued) Fortha Period Ended 31 March 2024 12 Unmtrlcled fvnds The kncom6fund8 of th• ¢haty Indudè unro8lri¢t8d funds compIng the following balances: Total 31W24 Totat 3113123 Deslgnated- Contiwity, Re8tructwlng & DIolUtion D8skJnated- Cydkal Malnt•nane• undnated 164.759 30.0 112028 159,593 30,011) 15