# **BLAYDON YOUTH AND COMMUNITY CENTRE CIO** ## **Financial Statements** **For The Year Ended 31 December 2021** **Registered Charity No. 1186251** ## **Blaydon Youth and Community Centre CIO Members of the Management Committee and Professional Advisors For the year ended 31 December 2021** The Management Committee have pleasure in presenting their report and the un-audited Financial Statements for the year ended 31 December 2021 ## **Reference and Administrative Details** |**Charity No**|1186251| |---|---| |**Principal Office**|Blaydon Youth and Community Centre| ||Shibdon Road| ||Blaydon| ||Tyne & Wear| ||NE21 5QE| |**Accountant**|Mark Thompson MAAT| ||42 Lesbury Road| ||Heaton| ||Newcastle upon Tyne| ||NE6 5LB| |**Bankers**|Lloyds| ||Front Street| ||Whickham| ||NE21 5QE| |**Trustees**|Maria Hall| ||Victor Connaughton| ||Dorothy Burnett| ## **Blaydon Youth and Community Centre CIO** ## **Report of the Trustees for the Year Ended 31 December 2021** ## Financial review, investment policy and reserves Blaydon Youth Club operates on a not for profit basis. Any monies raised over and above our immediate operating costs are held within our Maintenance Fund which is held against future building repair expenditure and replacement of minibus. ## Performance & Achievements: As with many organisations, 2021 has proved to continue to be an unpredictable year due to the global pandemic. However, we are proud of how we have managed to adapt our services and respond to the needs of the community during the Covid-19 pandemic. In order to do this, we worked hard to secure funding from various sources such as; The National Lottery Community Fund, The Community Foundation, Recycological, and RISE/Sport England. Our School Holidays programme continues to go from strength to strength attracting external funding from DfE (HAF), and, working in partnership with Gateshead Council, we were able to provide free and nutritious hot meals and activities to children during the school holidays supporting a plethora of struggling families. Our childcare and after school provision continue to be used throughout the year by the local and wider community, and although we have remained open during the pandemic for keyworker children, Covid-19 has inevitably had an impact on the income from our childcare services. We had to adapt the delivery of our provision to meet government guidelines, this reduced the number of places available. Fortunately, we have received vital support through government funding such as the furlough scheme and business impact grants and we are confident that we will be able to maintain all of our current services henceforth. ## Statement of Trustees' responsibilities Charity law requires the trustees to prepare financial statements for each financial year which show a true and fair view of the state of affairs of the charity and its financial activities for that period. In preparing those financial statements, the Trustees are required to: - Select suitable accounting policies and then apply them consistently; - Make judgements and estimates that are reasonable and prudent; - State whether applicable accounting standards and statements of recommended practice - have been followed, subject to any departures disclosed and explained in the financial statements; and - Prepare the financial statements on the going concern basis unless it is inappropriate to - presume that the charity will continue in operational existence. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the trustees and signed on their behalf by:- ...................................................... ## **INDEPENDENT EXAMINER'S REPORT** ## **Report to the trustees of Blaydon Youth and Community Centre CIO** **On accounts for 31 December 2021 Charity no 1186251 the year ended Respective** The trustees of the organisation are responsible for the preparation of **responsibilities of** accounts; they consider that an audit is not required for this year under **trustees and** section 144(2) of the Charities Act 2011 and that an Independent **examiner** Examination is needed. It is my responsibility to  examine the accounts (under section 145 of the 2011 Act),  follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Act), and  state whether particular matters have come to my attention. **Basis of** My examination was carried out in accordance with General Directions **independent** given by the Charity Commissioners. An examination includes a review of **examiner’s** the accounting records kept by the charity and a comparison of the **statement** accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts. - **Independent** In the course of my examination, no matter has come to my attention: **examiner's** 1. which gives me reasonable cause to believe that in, any material **statement** respect, the trustees have not met the requirements to ensure that:  proper accounting records are kept (in accordance with section 130 of the Act); and  accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. **Signed: Date: 18th October 2022 Name:** Mark Thompson MAAT **Address:** 42 Lesbury Road Newcastle NE6 5LB ## **Blaydon Youth and Community Centre CIO Statement Of Financial Activities For the year ended 31 December 2021** |**Incoming Resources**
**Notes**
Voluntary Income
**2**
HMRC Job Retention Scheme
Room Hire
Canteen
Investment Income
**4**
Project Income
**3**
Insurance Claim
**Total Incoming Resources**
**Resources Expended**
**Charitable Activities**
Projects & Activities (See notes)
**5**
Canteen
**Cost of generating funds**
Maintenance
**6**
Wages
**8**
Freelance Work
Training
Administration
**7**
Depreciation
**9**
**Total Resources Expended**
**Net income (expenditure) for the year**
Net Movement Between Funds
**Total Funds as at 1 January 2021**
**Total Funds as at 31 December 2021**|**Unrestricted**
**Funds**
**2021**
51033
12729
35880
4626
8
145907
7356
**257539**
13450
3061
18216
169484
696
19594
4368
**228868**
28671
0
112348
**141019**|**Restricted**
**Funds**
**2021**
17419
**17419**
2651
7952
6816
**17419**
0
0
0
**0**|**Total**
**Funds**
**2021**
68452
12729
35880
4626
8
145907
7356
**274958**
13450
3061
20867
177436
0
696
26410
4368
**246287**
28671
0
112348
**141019**|**Total**
**Funds**
**2020**
55964
43720
17058
420
540
146146| |---|---|---|---|---| |||||**263848**| |||||7119
672
16918
211379
0
0
21127
1786| |||||**259001**| |||||4847
0
107501| |||||**112348**| ## **Blaydon Youth and Community Centre CIO** ## **Balance Sheet as at 31 December 2021** ||||**2021**||**2020**| |---|---|---|---|---|---| ||**Notes**|**£**|**£**|**£**|**£**| |**Fixed Assets**|||||| |Tangible Fixed Assets|**10**||**9197**||**5720**| |**Currents Assets**|||||| |Debtors|||||| |Cash at bank and in hand||**131822**||**178049**|| |**Current Liabilities**||||-71421|| |**Net Current Assets**|||131822||106628| |**Net Assets**|||**141019**||**112348**| |**Funds**|**11**||||| |Restricted Funds|||0||0| |General Funds|||61530||32859| |Designated Funds|||79489||79489| ||||**141019**||**112348**| Approved by the Committee on …………………………….. and signed on their behalf: ……………………………………………………… ……………………………………………………… **Blaydon Youth and Community Centre CIO** ## **Notes to the financial statements for the year ended 31 December 2021** ## **1 Accounting Policies** ## **1.1 Basis of preparation of accounts** The financial statements have been prepared in accordance with 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) – Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006 Blaydon Youth Club meets the definition of a public benefit entity under FRS 102. Asseys and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). ## **1.2 Grant receivable and local authority fees** Grants received are accounted for on a receivable basis and credited to income. Any grants restricted to future accounting periods are deferred and recognised in those accounting periods. ## **1.3 Donations & Other Income** All income is accounted for when it is received. ## **1.4 Funds** Restricted funds comprise funds subject to specific restrictions imposed by donors and funders. The purpose and uses of the restricted reserves are set out in note 12 to the accounts. Unrestricted funds comprise funds which can be used in accordance with the charitable objectives at the discretion of the Management Committee. ## **1.5 Expenditure** All is included on the accruals basis and is recognised when there is a legal or constructive obligation to pay for expenditure. All costs have been directly attributed to one of the functional categories of resources expended in the SOFA. The charity is not registered for VAT and accordingly expenditure is shown gross of irrecoverable VAT. ## **1.6 Tangible fixed assets and depreciation** Tangible fixed assets for use by the charity are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |Computer Equipment|33% on a reducing balance basis| |---|---| |Fixtures & Fittings|20% on a reducing balance basis| |Motor Vehicles|25% on a reducing balance basis| ## **1.7 Charity Registration** Blaydon Youth and Community Centre CIO was registered with the Charity Commission in November 2019. Assets were transferred from the previous charity Blaydon Youth Club, which had the charity registration number 520735. ## **2 Grant Income** |**Grant Income**|| |---|---| |HMRC Job Retention Scheme|12729| |**Restricted Funds**|| |Community Foundation (Crechemobile Fund)|2850| |Rise North East|5014| |Gateshead Council|2430| |TNL Community Fund|7125| |**Toal Restricted Funds**|**17419**| |**Unrestricted Funds**|| |Recyclogical|3000| |Gateshead Council Covid Grant|26612| |National Lottery (Covid Response)|21421| |**Total Unrestricted Funds**|**51033**| |**3**|**Project Income**|| |---|---|---| ||After School & Breakfast Clubs|109370| ||Pre School|36308| ||Uniforms|229| |||**145907**| |**4**|**Investment Income**|| ||Bank Interest Receivable|**8**| |**5**|**Other Activites**|| ||Minibus|6147| ||Youth Activities Costs & Sessional|463| ||Childcare Costs|6639| ||Uniform|202| |||**13450**| |**6**|**Maintenance**|| ||Electricity, Gas and Water|13737| ||Maintenance & Repairs|5665| ||Cleaning Materials & Cleaning|1464| |||**20867**| |**7**|**Administration**|| ||Insurance|4248| ||Telephone|1693| ||Licences, IT Support & DBS|6885| ||Legal & HR|6282| ||Accountancy|1250| ||Payroll|799| ||Bank/Cardnet Charges|160| ||Bad Debt Costs & Refunds|465| ||Hospitality|318| ||Postage & Stationery|1400| ||Taxis and Car Parking|390| ||Other General Admin|2519| |||**26410**| **8 Employees** Total Salary Costs **177436** The average no. of employees was **11** for the year No expenses were paid to trustees in the year. ## **9 Net Income (expenditure) for the year is arrived at after debiting (crediting)** Depreciation **4368** |**10**
**Tangible Fixed Assets**
Cost
At 1 January 2021
Additions
Disposals
At 31 December 2021
Depreciation
At 1 January 2021
Charge for the year
Disposals
At 31 December 2021
**Net Book Value 31 December 2021**
**Net Book Value 31 December 2020**
**11**
**Fund Year End Balances**
**Restricted Funds**
Community Foundation (Crechemobile Fund)
Rise North East
Gateshead Council
TNL Community Fund
**Total**
**Designated Funds**
Minibus Fund
Building Fund
Staffing Contingency
**Total**|**Fixtures**
**Computer**
**Motor**
**Total**
**& Fittings**
**Equipment**
**Vehicles**
21432
2824
34141
58397
7845
7845
**2021**| |---|---| ||29277
2824
34141
66242| ||18438
2824
31415
52677
3687
681
4368| ||22125
2824
32096
57045| ||| ||**7152**
**0**
**2045**
**9197**| ||**2994**
**0**
**2726**
**5720**
**Balance**
**Income**
**Expend**
**Balance**
**Jan-21**
**Dec-21**
2850
2850
**0**
5014
5014
**0**
2430
2430
**0**
7125
7125
**0**
**17419**
**17419**
**0**
**Balance**
**Income**
**Expend**
**Balance**
**Jan-21**
**Dec-21**
21847
21847
27642
27642
30000
30000
**79489**
**0**
**0**
**79489**|