**REGISTERED CHARITY NUMBER: 1185819**
## **Report of the Trustees and**
**Unaudited Financial Statements for the Year Ended 31 October 2023**
**for**
**Liberty Jamboree**
Bates Weston LLP Chartered Accountants The Mills Canal Street Derby DE1 2RJ
**Liberty Jamboree**
## **Contents of the Financial Statements for the Year Ended 31 October 2023**
|||**Page**||
|---|---|---|---|
|**Reference and Administrative Details**||1||
|**Report of the Trustees**|2|to|6|
|**Independent Examiner's Report**||7||
|**Statement of Financial Activities**||8||
|**Balance Sheet**||9||
|**Notes to the Financial Statements**|10|to|16|
**Liberty Jamboree**
**Reference and Administrative Details for the Year Ended 31 October 2023**
|**TRUSTEES**|A Hall|
|---|---|
||V Kerman|
||A Barnet|
||K Steventon|
||K Smith|
||M Clayton|
||E Clayton|
||B Feeley|
||S Barnes|
||S Walker|
|**PRINCIPAL ADDRESS**|4 Saltcroft|
||Hawks Yard|
||Armitage|
||Staffordshire|
||WS15 1SR|
|**REGISTERED CHARITY**|1185819|
|**NUMBER**||
|**INDEPENDENT EXAMINER**|Bates Weston LLP|
||Chartered Accountants|
||The Mills|
||Canal Street|
||Derby|
||DE1 2RJ|
|**BANKERS**|Barclays Bank Plc|
||Leicester|
||LE87 2BB|
Page 1
**Liberty Jamboree**
## **Report of the Trustees**
## **for the Year Ended 31 October 2023**
The trustees present their report with the financial statements of the charity for the year ended 31 October 2023. 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 2019).
The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity's governing document, the Charities Act 2011, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts.
As Chair of Trustees, I am pleased to present the Annual Report for Liberty Jamboree, a Charitable Incorporated Organisation (CIO), for the year ending 31 October 2023. This report has been prepared in line with the guidelines provided by the Charity Commission for England and Wales, ensuring transparency and accountability in reporting our financial and operational performance.
This year has seen us navigate challenges and seize opportunities to enhance our impact. Our commitment to providing inclusive and transformative programs for the community remains steadfast.
## **Charitable Objectives**
Liberty Jamboree's purpose is to promote social inclusion among young people and young adults with special educational needs, disabilities, or mental ill health in Staffordshire and the West Midlands. By preventing social exclusion and facilitating integration into society, Liberty Jamboree supports individuals and their families to overcome barriers and thrive.
## **Structure Governance and Management**
Liberty Jamboree operates as a Charitable Incorporated Organisation (CIO), established on October 15, 2019. Governance follows the Charity Commission framework, with operations overseen by a diverse Board of Trustees who bring expertise aligned with the charity's strategic objectives.
## **1. Organisational Structure**
Liberty is governed by a Board of Trustees, (12 trustees) who are responsible for strategic oversight, financial management, and ensuring compliance with legal and regulatory requirements. The board provides leadership, evaluates risks, and ensures the charity remains aligned with its mission and values.
The Senior Leadership Team (SLT) oversees daily operations, program delivery, and staff management. This includes financial planning, risk assessment, and engagement with funders, stakeholders, and the community.
Key roles within the organisation include:
- Trustees: Oversee governance, strategy, and financial accountability.
- Chief Executive/Director: Leads overall strategy, partnerships, and operational planning.
- Finance and Compliance Officer: Manages financial risks, budgeting, and ensures compliance with charity law.
- Programme Leads and Youth Workers: Deliver frontline services, ensuring that charitable activities align with funding requirements and community needs.
## **2. Governance and Decision-Making**
Liberty follows a structured governance model with clear policies and procedures to guide decision-making:
- Quarterly Trustee Meetings : Ensure financial and strategic oversight.
- Senior Management Team - Maggi Huckfield and Laura Varma make up the Senior Leadership team within Liberty's Structure.
- Salaries for sessional PT staff are paid based upon the Living wage.
- Nationally Qualified youth workers are employed under the JNC Youth Work Conditions Pink Book.
- Annual General Meeting (AGM): Reviews the charity's performance, financial health, and future plans.
- - Financial Audits and Reporting: Annual reports and accounts are prepared in accordance with Charity Commission guidance and the Statement of Recommended Practice (SORP).
Page 2
**Liberty Jamboree**
## **Report of the Trustees for the Year Ended 31 October 2023**
## **3. Risk Management and Internal Controls**
Liberty employs a risk management framework to mitigate operational, financial, and reputational risks. Key measures include:
- Regular financial monitoring and audits to ensure accountability.
- Compliance with safeguarding policies, protecting young people and vulnerable individuals.
- Reserves policy to ensure financial stability during funding uncertainties.
- Staff training and development, ensuring governance practices remain up to date.
## **4. Partnerships and Stakeholder Engagement**
Liberty collaborates with local authorities, funders, schools, and community organisations to strengthen service delivery. Effective stakeholder engagement supports funding sustainability, community impact, and strategic development.
By maintaining robust governance structures, effective financial management, and a proactive approach to risk, Liberty ensures the charity continues to grow, remain financially stable, and deliver impactful services to young people.
## **Activities and Achievements**
## **Mission Statement:**
To empower individuals with SEND (Special Educational Needs and Disabilities) through inclusive programs that foster independence, resilience, and societal integration.
- 1) Liberty On Board
- Day workshops focused on skills development, volunteering, and work experience.
- Programs include nationally accredited qualifications like the Duke of Edinburgh Award and Mencap Gateway Award.
2) Liberty Youth Clubs
- After-school clubs designed to develop social, emotional, and creative skills through activities like sports, arts, trips, and life skills.
- 3) Liberty Inclusive Sports
- Sports programs including football, rugby, martial arts, and HIIT.
- Collaborations with organisations such as Leicester Tigers and Staffordshire FA.
- 4) Over-18 Social Programs
- Opportunities for social outings, international travel, and skill-based activities targeting adults with SEND.
## **- Achievements (2022 2023):**
- Attendance: Weekly attendance has grown from 19 to 35 individuals per session
- Accreditations Earned:
- Mencap Awards: 54
- First Aid Certificates: 25
- Food Hygiene Qualifications: 11
- Volunteering: Beneficiaries contributed 145,644 hours of volunteering, valued at £1.67 million.
- Partnerships: Key collaborators include the Canal & River Trust, National Lottery, and more.
## **Volunteers**
All Trustees give their time free of charge. The charity is grateful for their invaluable contribution.
## **Public Benefit Statement**
The trustees confirm they have paid due regard to the Charity Commission's guidance on public benefit when reviewing the charity's aims and objectives and in planning future activities and setting the grant-making policy.
## **Financial Review**
Financial Highlights (2022-2023):
- Income: £441,642 (53% growth from 2021-2022).
- Expenditure: £397,672
Reserves policy: Liberty Jamboree holds unrestricted reserves sufficient to cover over four months of operational costs, ensuring sustainability and readiness for unforeseen circumstances.
Page 3
**Liberty Jamboree**
## **Report of the Trustees for the Year Ended 31 October 2023**
## **Compliance with Charity Commission Guidelines**
This report adheres to the principles outlined in the Charities Act 2011 and the Charities SORP (Statement of Recommended Practice). It provides an overview of:
- Income and expenditure, including restricted and unrestricted funds.
- A balance sheet summarising our financial position.
- Achievements and future plans aligned with our charitable objectives.
- Assurance of good governance and proper use of funds.
## **Financial Overview**
## **Income**
Liberty Jamboree received a total income of £441,642, reflecting a substantial increase compared to the prior year. Income sources were diverse and in compliance with Charity Commission requirements for proper documentation and usage. Highlights include:
- Lottery Main Grants: £83,661
- Mercer Family Chair Grant: £15,000
- County Council Grants: £41,130
- HAF/Space Funding: £13,730
- Donations and Fundraising: £20,218
These funds were used to deliver charitable activities and support administrative functions as outlined in our organisational objectives.
## **Expenditure**
Total expenditure for the year amounted to £397,672, allocated across the following categories:
- Wages and Salaries (including employment contributions)
- Trips and Transport
- Subscription Payments
- Training Costs
- Building Expenses (Burntwood)
This expenditure was essential in delivering high-quality programs, meeting operational requirements, and addressing community needs effectively.
## **Surplus**
The charity achieved a net surplus of £43,970, demonstrating strong financial management and enabling us to strengthen our reserves. This surplus increased our total bank balance to £164,834 as of 31 October 2023, ensuring future stability and growth.
## **Restricted and Unrestricted Funds**
## **Restricted funds**
Restricted funds totalled £200,507, allocated for specific projects and activities in line with donor stipulations. Notable projects included:
- Football/Sports
- HAF/Space Projects
- Sign and Shine
- Dance exchange
## **Unrestricted funds**
Unrestricted funds of £241,135 provided operational flexibility, supporting core functions such as:
- Wages and staffing costs
- Building maintenance and general expenses
- Non-restricted community programs.
By ensuring clear separation and adherence to funding conditions, the charity complies with the Charity Commission's guidance on fund accounting.
**Risk Management within Liberty's Financial Framework Using a Theory of Change Approach**
Liberty has adopted a Theory of Change framework to manage financial risks effectively, ensuring sustainability and long-term impact. Our approach identifies risks, implements strategic responses, and continuously evaluates outcomes to maintain financial stability while delivering high-quality programs.
Page 4
**Liberty Jamboree**
## **Report of the Trustees for the Year Ended 31 October 2023**
## **1. Identifying Risks**
We proactively assess financial risks that could impact our ability to support young people and community projects. These include:
- Funding Volatility: Dependence on restricted grants and donations.
- Cost Pressures: Rising operational and staffing costs.
- Cash Flow Risks: Timing gaps between funding receipts and expenditure.
## **2. Inputs: Strengthening Financial Management**
To mitigate these risks, Liberty implements key financial controls:
- Diversified Income Streams: We actively seek multiple funding sources, including grants, fundraising, and social enterprise models, to reduce over-reliance on any single income stream.
- Budget Forecasting & Monitoring: Regular financial reviews ensure that resources align with program objectives and funding conditions.
- Reserve Policy: We maintain adequate reserves to cover at least four months of core operational costs, ensuring resilience against unforeseen financial challenges.
## **3. Activities: Implementing Risk Mitigation Strategies**
- Flexible Program Delivery: Where possible, programs are designed with adaptable elements to scale in response to financial fluctuations.
- Grant Compliance & Fund Tracking: We rigorously monitor fund usage to ensure compliance with donor stipulations, reducing financial mismanagement risks.
## **4. Outputs: Strengthening Financial Sustainability**
- Improved Financial Resilience : Enhanced ability to withstand external financial shocks.
- Operational Efficiency : Better cost management without compromising service delivery.
- Transparency & Accountability: Strengthened stakeholder confidence through clear financial reporting and governance.
## **5. Impact: Ensuring Long-Term Stability and Growth**
By embedding risk management within our Theory of Change, Liberty ensures financial stability, protecting our ability to deliver vital programs for young people. This proactive approach fosters trust with funders, enhances long-term sustainability, and ensures we continue making a meaningful impact in our community.
## Balance Sheet
As at 31 October 2023: Total assets: £184,019 Liabilities: £10,799
## **Achievements and Impact**
2023 was a milestone year for Liberty Jamboree, with notable accomplishments including:
- 1) Expansion of youth programs, benefiting over 700 participants
- 2) Increased engagement through HAF/Space projects, promoting inclusivity and active participation.
- 3) High-impact programs such as Liberteens, Football/Sports, and Dance Exchange, fostering personal andcommunity development.
- 4) Investment in training and capacity building for staff and volunteers, enhancing service delivery quality.
These outcomes are aligned with our charitable objectives and demonstrate effective use of funds.
## **Governance and Accountability**
The trustees have ensured that the charity complies with all regulatory requirements, including:
- Keeping proper accounting records (Section 130 of the Charities Act 2011).
- Preparing accounts in accordance with the Charities SORP and Charities (Accounts and Reports) Regulations 2008.
- Ensuring that restricted funds were applied for their intended purposes.
Page 5
**Liberty Jamboree**
## **Report of the Trustees for the Year Ended 31 October 2023**
Liberty Jamboree follows a structured process for the election and appointment of trustees, in line with our governing documents. Trustees are elected by the membership during the Annual General Meeting (AGM), with elections held every three years. The process is open and transparent, allowing all eligible members to nominate and vote for candidates who will serve on the board. The election is conducted by a majority vote, ensuring that trustees are chosen democratically. The charity's constitution outlines the eligibility criteria for trustees, the nomination process, and the terms of office. If any vacancies arise between AGMs, they may be filled by co-option, subject to approval by the board. In addition to the membership-based election process, no external bodies or individuals are entitled to appoint trustees. This ensures that the governance of Liberty Jamboree remains fully accountable to its members.
## **Future plans**
Liberty Jamboree's strategy for 2024 focuses on:
- Expanding successful programs like Football/Sports and Liberteens to reach more participants.
- Strengthening financial sustainability by diversifying income streams.
- Enhancing infrastructure and digital resources for improved service delivery.
- Employment Initiatives : Expand job coaching and develop partnerships with organisations like NatWest and Barchester Home.
- New Programs: Launch the COMETS football team and additional targeted youth clubs.
- Health Campaigns : Tackle health challenges through innovative fitness programs
## **Statement of Trustees' Responsibilities**
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the Trust's financial activities during the period and of its financial position at the end of the period.
In preparing financial statements giving a true and fair view, the trustees should follow best practice and:
- Select suitable accounting policies and then apply them consistently;
- Observe the methods and principles in the Charities SORP;
- Make judgements and accounting estimates that are reasonable and prudent;
- State whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial statements;
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Trust will continue in operation.
## **Acknowledgements**
On behalf of the Board of Trustees, I extend sincere thanks to:
- Funders and donors for their generosity.
- Staff and volunteers for their dedication and passion.
- Community partners for their collaboration and support.
Together, we have made a lasting impact on the lives of those we serve.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
Approved by order of the board of trustees on 2 April 2025 and signed on its behalf by:
A Hall - Trustee
Page 6
## **Independent Examiner's Report to the Trustees of Liberty Jamboree**
## **Independent examiner's report to the trustees of Liberty Jamboree**
I report to the charity trustees on my examination of the accounts of Liberty Jamboree (the Trust) for the year ended 31 October 2023.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
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 Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts 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.
Sean Douglass FCA
Bates Weston LLP Chartered Accountants The Mills Canal Street Derby DE1 2RJ
2 April 2025
Page 7
## **Liberty Jamboree**
## **Statement of Financial Activities**
## **for the Year Ended 31 October 2023**
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
15,008
**Charitable activities**
4
Inclusive programmes
224,679
Other trading activities
3
1,448
**Total**
241,135
**EXPENDITURE ON**
Raising funds
422
**Charitable activities**
5
Inclusive programmes
219,886
**Total**
220,308
**NET INCOME**
20,827
**RECONCILIATION OF FUNDS**
Total funds brought forward
115,401
**TOTAL FUNDS CARRIED FORWARD**
136,228|Restricted
funds
£
19,219
181,288
-
200,507
-
177,364
177,364
23,143
13,849
36,992|2023
Total
funds
£
34,227
405,967
1,448
441,642
422
397,250
397,672
43,970
129,250
173,220|2022
Total
funds
£
34,294
249,781
4,571|
|---|---|---|---|
||||288,646|
||||2,867
279,498|
||||282,365|
||||6,281
122,969|
||||129,250|
The notes form part of these financial statements
Page 8
## **Liberty Jamboree**
## **Balance Sheet**
## **31 October 2023**
|Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
11
-
**CURRENT ASSETS**
Debtors
12
1,441
Cash in hand
145,586
147,027
**CREDITORS**
Amounts falling due within one year
13
(10,799)
**NET CURRENT ASSETS**
136,228
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
136,228
**NET ASSETS**
136,228
**FUNDS**
14
Unrestricted funds
Restricted funds:
Restricted Fixed Asset fund
Lichfield District Council
National Lottery
**TOTAL FUNDS**|Restricted
funds
£
17,744
-
19,248
19,248
-
19,248
36,992
36,992|2023
Total
funds
£
17,744
1,441
164,834
166,275
(10,799)
155,476
173,220
173,220
136,228
6,750
7,263
22,979
36,992
173,220|2022
Total
funds
£
9,750
13,200
119,057
132,257
(12,757)
119,500
129,250
129,250
115,401
9,750
-
4,099
13,849
129,250|
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 2 April 2025 and were signed on its behalf by:
A Hall - Trustee
The notes form part of these financial statements
Page 9
**Liberty Jamboree**
## **Notes to the Financial Statements for the Year Ended 31 October 2023**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
These accounts along with the comparative figures have been revised owing to an adoption of accrual accounting and previously incorrect classification of restricted funds. These revised accounts replace the original annual accounts for the financial year 31 October 2023 and have been prepared as at the date of the original annual accounts and not as at the date of revision and therefore do not deal with events between those dates.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Grants**
Grants are recognised in income when the grant proceeds are received or receivable unless future performance-related conditions are specified that have not been met. Grants received before the income recognition criteria are satisfied are recognised as a liability.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure inclusive of VAT is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Tangible fixed assets**
Tangible assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 20% on cost
No depreciation is charged until an asset is brought into use.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Page 10
continued...
**Liberty Jamboree**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 October 2023**
## **1. ACCOUNTING POLICIES - continued**
## **Fund accounting**
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **2. DONATIONS AND LEGACIES**
|||||2023|2022|
|---|---|---|---|---|---|
|||||£|£|
||Donations|||20,218|8,625|
||Grants|||14,009|25,669|
|||||34,227|34,294|
|**3.**|**OTHER TRADING ACTIVITIES**|||||
|||||2023|2022|
|||||£|£|
||Youth club income|||822|332|
||Rental income|||626|4,239|
|||||1,448|4,571|
|**4.**|**INCOME FROM CHARITABLE ACTIVITIES**|||||
|||||2023|2022|
|||Activity||£|£|
||Programme payments|Inclusive programmes||224,679|102,202|
||Grants|Inclusive programmes||181,288|147,579|
|||||405,967|249,781|
|**5.**|**CHARITABLE ACTIVITIES**|**COSTS**||||
|||Direct|Grant|Support||
|||Costs (see|funding of|costs (see||
|||note 6)|activities|note 7)|Totals|
|||£|£|£|£|
||Inclusive programmes|267,500|1,228|128,522|397,250|
Page 11
continued...
**Liberty Jamboree**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 October 2023**
## **6. DIRECT COSTS OF CHARITABLE ACTIVITIES**
|**DIRECT COSTS OF CHARITABLE ACTIVITIES**||||
|---|---|---|---|
|Staff costs
Programme costs
**SUPPORT COSTS**||2023
£
164,108
103,392
267,500|2022
£
118,684
35,141
153,825|
|||2023|2022|
|||£|£|
|Staff costs||69,987|72,786|
|Premises and IT||31,271|35,584|
|Transport||19,410|13,374|
|Marketing||422|2,867|
|Governance||7,432|1,004|
|||||
|||||
|||128,522|125,615|
|||||
## **7. SUPPORT COSTS**
## **8. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 October 2023 nor for the year ended 31 October 2022.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 October 2023 nor for the year ended 31 October 2022.
## **9. STAFF COSTS**
|Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Charitable service work|2023
£
213,451
10,811
-
224,262
2023
8|2022
£
160,589
12,645
2,039|
|---|---|---|
|||175,273|
|||2022
6|
No employees received emoluments in excess of £60,000.
Page 12
continued...
## **Liberty Jamboree**
## **Notes to the Financial Statements - continued for the Year Ended 31 October 2023**
|**10.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
fund
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
27,757
**Charitable activities**
Inclusive programmes
102,202
Other trading activities
4,571
**Total**
134,530
**EXPENDITURE ON**
Raising funds
2,867
**Charitable activities**
Inclusive programmes
123,481
**Total**
126,348
**NET INCOME/(EXPENDITURE)**
8,182
**RECONCILIATION OF FUNDS**
Total funds brought forward
107,219
**TOTAL FUNDS CARRIED FORWARD**
115,401
**11.**
**TANGIBLE FIXED ASSETS**
Assets in
course of
construct
ion
£
**COST**
At 1 November 2022
-
Additions
10,994
At 31 October 2023
10,994
**DEPRECIATION**
At 1 November 2022
-
Charge for year
-
At 31 October 2023
-
**NET BOOK VALUE**
At 31 October 2023
10,994
At 31 October 2022
-|Restricted
funds
£
6,537
147,579
-
154,116
-
156,017
156,017
(1,901)
15,750
13,849
Motor
vehicles
£
15,000
-
15,000
5,250
3,000
8,250
6,750
9,750|Total
funds
£
34,294
249,781
4,571|
|---|---|---|
|||288,646|
|||2,867
279,498|
|||282,365|
|||6,281
122,969|
|||129,250|
|||Totals
£
15,000
10,994
25,994
5,250
3,000
8,250
17,744
9,750|
Page 13
continued...
**Liberty Jamboree**
## **Notes to the Financial Statements - continued for the Year Ended 31 October 2023**
## **12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Prepayments and accrued income
**13.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Accruals and deferred income
**14.**
**MOVEMENT IN FUNDS**
At
1.11.22
£
**Unrestricted funds**
General fund
115,401
**Restricted funds**
Restricted Fixed Asset fund
9,750
Lichfield District Council
-
National Lottery
4,099
13,849
**TOTAL FUNDS**
129,250
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
241,135
**Restricted funds**
Restricted funds under £5k
13,818
Restricted Fixed Asset fund
-
HAF
7,450
SPACE
6,280
Dance Exchange
5,025
Ray Williams
5,500
Lichfield District Council
19,890
Mercer Family Foundation
15,000
Nufumis
6,443
Together Active
9,000
Staffordshire County Council
21,240
National Lottery
83,661
NHS Stoke
7,200
200,507
**TOTAL FUNDS**
441,642|2023
2022
£
£
1,441
13,200
2023
2022
£
£
10,799
12,757
Net
movement
At
in funds
31.10.23
£
£
20,827
136,228
(3,000)
6,750
7,263
7,263
18,880
22,979
23,143
36,992
43,970
173,220
Resources
Movement
expended
in funds
£
£
(220,308)
20,827
(13,818)
-
(3,000)
(3,000)
(7,450)
-
(6,280)
-
(5,025)
-
(5,500)
-
(12,627)
7,263
(15,000)
-
(6,443)
-
(9,000)
-
(21,240)
-
(64,781)
18,880
(7,200)
-
(177,364)
23,143
(397,672)
43,970|
|---|---|
Page 14
continued...
**Liberty Jamboree**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 October 2023**
## **14. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
**Restricted funds**
Restricted Fixed Asset fund
National Lottery
**TOTAL FUNDS**|At
1.11.21
£
107,219
12,750
3,000
15,750
122,969|Net
movement
in funds
£
8,182
(3,000)
1,099
(1,901)
6,281|At
31.10.22
£
115,401
9,750
4,099|
|---|---|---|---|
||||13,849|
||||129,250|
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Restricted funds under £5k
Restricted Fixed Asset fund
Peter Harrison Foundation
HAF
SPACE
Dance Exchange
Lichfield District Council
Together Active
National Lottery
Community and learning partnership
Foil foundation
Staffordshire and Stoke skills
BBC Children in Need
**TOTAL FUNDS**|Incoming
resources
£
134,530
11,504
-
20,000
6,200
5,975
10,270
12,450
8,020
49,192
7,800
6,000
7,500
9,205
154,116
288,646|Resources
Movement
expended
in funds
£
£
(126,348)
8,182
(11,504)
-
(3,000)
(3,000)
(20,000)
-
(6,200)
-
(5,975)
-
(10,270)
-
(12,450)
-
(8,020)
-
(48,093)
1,099
(7,800)
-
(6,000)
-
(7,500)
-
(9,205)
-
(156,017)
(1,901)
(282,365)
6,281|
|---|---|---|
Lichfield District Council - £12,450 of funding was provided for a volunteer coordinator to develop community opportunities for young people to volunteer and gain work experience and £7,440 was provided to address young girls vulnerability in the community.
Mercer Family Foundation - £10,000 of funding was provided to support the salary costs of the CEO and £5,000 was provided for projects for young people.
Staffordshire County Council - Funding provided to develop bespoke educational programmes for SEND young people.
Page 15
continued...
**Liberty Jamboree**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 October 2023**
## **14. MOVEMENT IN FUNDS - continued**
National Lottery - Funding provided for one full time JNC equivalent youth worker on a 52 week contract, 8 sessional youth workers who live with special educational needs and disabilities, a 0.5 post JNC worker to support the delivery of youth programmes and delivery of a bespoke intergenerational arts programme.
Funders under £10k - Provided to support the delivery of bespoke sports and youth provisions and to access inclusive equipment to ensure all can be involved.
## **15. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 October 2023.
Page 16