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2024-04-05-accounts

Charity registration number 1190592

THE BROMSGROVE YOUTH AND COMMUNITY HUB ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024

THE BROMSGROVE YOUTH AND COMMUNITY HUB

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Rev David Ford Appointed 11[th] July 2022 Mr T May Appointed 11[th] July 2022 Miss Kristy Pascoe Appointed 11[th] July 2022 Ms Louise Couch Appointed 11[th] July 2022 Ms K Pascoe Appointed 22[nd] May 2023; Ceased 5[th] April 2024 Rev P Lewis Appointed 10[th] July 2020; Ceased 28[th] February 2024 Charity number 1190592 Principal address The Hub Bromsgrove Baptist Church New Road Bromsgrove B20 2JD Independent examiner Jerroms GCN Limited West Point, Second Floor Mucklow Office Park Mucklow Hill Halesowen B62 8DY

THE BROMSGROVE YOUTH AND COMMUNITY HUB

CONTENTS

Page
Trustees' report 1 - 6
Independent examiner's report 7
Statement of financial activities 8
Balance sheet 9
Notes to the financial statements 10 - 22

THE BROMSGROVE YOUTH AND COMMUNITY HUB

TRUSTEES' REPORT

FOR THE YEAR ENDED 5 APRIL 2024

The Trustees present their annual report and financial statements for the year ended 5 April 2024.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements 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 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).

Structure, Governance and Management

The Hub is registered with the Charity Commission as a Charitable Incorporated Organisation (CIO). It is governed by an original Constitution dated 10th July 2020.

The charity trustees are responsible for the general control and management of the charity, including the recruitment of new trustees as and when the need arises for specific skills, experience and knowledge within the trustee body. Before appointment the trustees ensure that a prospective trustee understands the responsibilities they are taking on and can be relied on to carry them out responsibly.

Our organisation structure chart (below) seeks to delegate responsibilities, where appropriate, to a management team who report directly to the trustees. Management sub-groups ensure that the skills and expertise of staff are included, and the voices of the young people who are our service users are heard.

THE BROMSGROVE YOUTH AND COMMUNITY HUB

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024

Objectives and activities

The charitable objectives of The Hub are to act as a resource for young people aged between 8 - 19 years, living the Bromsgrove District of north Worcestershire. Through a diverse range of activities provision is made for the emotional, physical, psychological, educational, and spiritual well-being of all young people.

The objects of the CIO, as stated in the Constitution, are:

  1. Working to address community issues within the District of Bromsgrove

  2. Raising awareness of the issues and difficulties affecting the lives of young people.

  3. Enhancing the lives of young people and the community within Bromsgrove.

  4. Giving a platform for the young people of Bromsgrove to have a voice, and to be heard by the wider public and partnerships.

  5. Cultivating a sentiment in favour of equality and diversity with young people and the community.

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities should be undertaken. The Hub is not a static organisation, but able to adapt according to the presenting needs of service users.

Our current range of activities includes:

The Hub promotes equality and inclusion in all that we do, from recruitment of trustees and staff, right through the design and delivery of all activities.

Through reporting and monitoring of all of our activities ensures that all of our provision is professionally delivered, and appropriate to the needs of the service users. This has been especially important since the easing of COVID-19 restrictions as we have seen a sharp uplift in mental health needs, which are presented by our service users across all activities.

THE BROMSGROVE YOUTH AND COMMUNITY HUB

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024

Achievements and Performance

The Hub has continued to provide high quality youth provision, delivered by skilled staff. We have sought to invest in the training and development of our staff team to ensure that are fully equipped to meet the needs of the young people who attend centre based provision, as well as those we meet during detached outreach patrols. Particular highlights of our year include the following:

Training & Development

We were fortunate to be awarded funding to promote high levels of staff training development throughout the whole year. That has included professional management training for 2 staff, levels 2 and 3 youth worker training for 4 staff with 5 others ready to start the next course round, and a detached outreach conference for 4 staff. In addition, we have enhanced our regular focus on training & development through the addition of external clinical supervision sessions. These have been very beneficial in enabling staff to be guided through reflective practice in response to challenging experiences.

New Alternative Provision Programme

An exciting development for The Hub this year has been the recognition of our status as a preferred Alternative Provision provider for Worcestershire County Council. The programme works in partnership with local education providers who refer in young people for whom a full time school system does not reflect their social and emotional needs. Under the leadership of our newly appointed AP Manager, The Hub offers a programme of activities focused on the development of a young persons’ educational, social, and relational needs. Activities have included time at our allotment project, trips out, and more structured sessions to explore life issues. ·

Youth Council

If we stop listening to the voices of young people, The Hub will not be the organisation it needs to be. The expansion of Youth Council sessions this year has helped to keep us on track by engaging with young people in our main centre, as well as in their schools. The sessions create a safe place for young people to air their views and opinions in ways that are constructive, and lead to the development of all that the Hub seeks to be and do.

THE BROMSGROVE YOUTH AND COMMUNITY HUB

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024

Community events

Engagement with our local communities is a fundamental part of The Hub’s journey. Community engagement enables us to support what is going on around us and at the same time promote all that is on offer through The Hub.

This year we participated in the annual community carnival event, through which the young people who took part were able to learn creatively about the value of community participation.

Our Christmas afternoon tea event added to this by enabling our young people to focus on how to engage with the needs of a different generation to their own.

Holiday Camps

School holidays provision has now become an established part of The Hub offer. Holiday camps were delivered during the summer, October, Christmas, and February school breaks, with the next one planned for the Easter holidays. Attendance numbers have grown steadily as we have built on the success of one camp and taken that into the next. Our staff team have provided a varied and engaging programme at each camp. We have been grateful for the support of funders, as well as partnership with a local sports provision organisation who have supported us with the use of their

booking system.

Detached Youth Work

We have seen a growing need for detached youth work this year, both in Bromsgrove town centre, as well as through our provision in Droitwich. Both programmes have needed to grow and develop to meet the changing needs of young people observed in these communities. There is still more work to do with this aspect of our provision and conversations with partner agencies and statutory bodies is ongoing. We are currently exploring the need to add more sessions into Droitwich, and to add a new detached youth work provision in Catshill.

THE BROMSGROVE YOUTH AND COMMUNITY HUB

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024

O pen access centre-based provision

The success of our detached outreach work leads directly into an increased footfall of young people accessing our open access sessions. Last year we split our offer into two groups, each catering for different age groups of young people. We have seen a slower start to the younger group this year, but that is now beginning to expand. Our older group has continued to attract large numbers of young people with diverse needs and interests. That can often present unexpected challenges for our staff team and so flexibility and adaptability are skills needed at each session.

Sports activities form a key part of our open access groups, and the provision of food is something of an essential for some of the young people attending. We continue to see an increase in the number of young people whose families are struggling with the rising cost of food prices as a result of the current cost of living crisis. When funding allows, the offer of food during our sessions is supplemented with food packs for young people to take home.

More young people, more staff, more volunteers!

As numbers have increased in terms of youth engagement with every aspect of The Hub offer, we have been able to respond by expanding our staff team. Alongside that, we are very fortunate as an organisation to have a growing team of committed and enthusiastic volunteers. Their willingness to get stuck in gives us added flexibility with our staffing such that we are always able to ensure that where one-to-one support is needed, it is available, knowing that someone else will be organising other aspects of our sessions. Our volunteer base has grown this year, and we are looking to build on that next year.

THE BROMSGROVE YOUTH AND COMMUNITY HUB

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024

Music Sessions

Music continues to be a key feature at various provisions. Our core music tuition group has been taken in a different direction this year to better meet the needs of the young people attending. This has enabled more focused tuition sessions to be provided.

Additional music workshops have been a popular feature at open access sessions, adding to the wide range of activities on offer.

LGBTQIA+

Our well-established LGBTQIA+ groups have continued to thrive, and we are seeing an increase in numbers of young people attending. Both groups that we started in the previous year are now wellestablished with “No Definitions” offering a safe space in Bromsgrove for young people aged over 18, and “Vesta Tilley” giving the youth LGBTQIA+ community a place to meet in Worcester. We have appointed new members to our staff team to facilitate the “Vesta Tilley” group.

The allotment project

Born out of an intergenerational engagement in previous years, we now have a group of young people engaged in an allotment project. It has been good to see young people involved in every aspect of the work, all the way through from preparing the ground, to planting the seed, tending to the plants, and on to harvesting, cooking and eating what has been grown. This project is teaching young people new skills whilst providing them with a sense of pride in their own achievements.

SEN/ASD provision

We believe that no one should be limited by or overlooked due to any additional support that they may need to thrive in every aspect of life. This is reflected in our monthly group that has been set up for young people with SEN / ASD – “The Unstoppables”.

This year we have been able to add trips and external activities to what is on offer alongside our small group sessions that include art, music, gaming, and outdoor activities. Those who attend can participate as much or as little as they want to, and everyone is encouraged to learn new skills.

THE BROMSGROVE YOUTH AND COMMUNITY HUB

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024

Risk Management

The trustees recognise their responsibility with regard to risk management. The role of “Development manager” during this financial year has enabled The Hub to take significant steps forwards with IT infrastructure, audit and reporting systems, and management functions of the organisation.

The positive outcomes of that role have enabled us to move forwards with confidence to appoint a “Funding and Finance Officer”. This new role will further improve the financial management and controls functions of The Hub.

Further development needs have been identified which will form a core focus during the next financial year. This will include a full review of organisational structures at all levels, including the function and nature of the Trustee Board and operational management teams.

The need to move into a larger premises still exists and it is hoped that during the next financial year this will be achieved.

Risk Management

The trustees recognise their responsibility with regard to risk management. The risks to which the organisation may be exposed have been identified and documented in a risk register together with appropriate mitigation and control procedures. The risk register is monitored and updated regularly and reviewed by the trustees on an annual basis.

Reserves Policy

The Hub holds reserves in restricted funds that are the unspent portion of restricted grants and donations.

The trustees have continued their aim of building up reserves in unrestricted funds. The purpose of these reserves is to enable the charity to operate day to day without cash flow problems and to ensure there would be enough funds held.

Financial controls are reviewed by the trustees on an annual basis.

Financial Review

Some progress has been made during this accounting period towards securing longer term funding in order to stabilise the future stability of the organisation. There is more to be done in this regard during the next accounting period, and this needs to be especially focused on funding for core costs.

The Trustees' report was approved by the Board of Trustees.

..

Revd D S Ford

Date: 24[th] June 2024

THE BROMSGROVE YOUTH AND COMMUNITY HUB

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF THE BROMSGROVE YOUTH AND COMMUNITY HUB

I report to the Trustees on my examination of the financial statements of The Bromsgrove Youth and Community Hub (the charity) for the year ended 5 April 2024.

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 2011 Act).

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

Independent examiner's statement

Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.

I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

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

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 financial statements to be reached.

Martin Bradley FCCA Jerroms GCN Limited

West Point, Second Floor Mucklow Office Park Mucklow Hill Halesowen B62 8DY

Dated: 08/07/2024

THE BROMSGROVE YOUTH AND COMMUNITY HUB

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 5 APRIL 2024

Expenditure on:
Charitable activities
4
153,544
44,487
Net income/(expenditure) and
movement in funds
Unrestricted
Restricted
funds
funds
2024
2024
Notes
£
£
Income from:
Donations and legacies
3
68,546
140,760
24,059
(12,784)
Reconciliation of funds:
Fund balances at 6 April 2023
75,185
90,637
Fund balances at 5 April 2024
99,244
77,853		 107,963
24,193
198,031
Total
Unrestricted
Restricted
funds
funds
2024
2023
2023
£
£
£
209,306
56,745
167,199
11,275
32,552
59,236
165,822
42,635
31,399
177,097
75,187
90,635		 Total
2023
£
223,944
132,156
91,788
74,034
165,822

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

THE BROMSGROVE YOUTH AND COMMUNITY HUB

BALANCE SHEET

AS AT 5 APRIL 2024

Notes
Fixed assets
Tangible assets
9
Current assets
Debtors
10
Cash at bank and in hand
Creditors: amounts falling due within
one year
11
Net current assets
Total assets less current liabilities
The funds of the charity
Restricted income funds
12
Unrestricted funds		 2024
£
22,379
145,810
168,189
1,110		 £
10,018
167,079
177,097
77,853
99,244
177,097		 2023
£
5,995
152,054
158,049
1,137		 £
8,910
156,912
165,822
90,635
75,187
165,822

The financial statements were approved by the Trustees on 24[th] June 2024

Revd D S Ford Trustee

THE BROMSGROVE YOUTH AND COMMUNITY HUB

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024

1 Accounting policies

Charity information

The Bromsgrove Youth and Community Hub is a Charitable Incorporated Organisation (CIO) with the Charity Commission for England and Wales. It is governed by a trust deed, dated 10th July 2020, and adopted by its members.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's [governing document], the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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 charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

THE BROMSGROVE YOUTH AND COMMUNITY HUB

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024

1 Accounting policies

(Continued)

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings 3 years straight line Computers 3 years straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

THE BROMSGROVE YOUTH AND COMMUNITY HUB

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024

1 Accounting policies

(Continued)

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.10 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Income from donations and legacies

Unrestricted
Restricted
funds
funds
2024
2024
£
£
Donations and gifts
66,046
11,591
Grants
2,500
129,169
68,546
140,760		 Total
Unrestricted
Restricted
funds
funds
2024
2023
2023
£
£
£
77,637
51,947
74,152
131,669
4,798
93,047
209,306
56,745
167,199		 Total
2023
£
126,099
97,845
223,944

THE BROMSGROVE YOUTH AND COMMUNITY HUB

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 5 APRIL 2024

4 Charitable activities

Food and refreshments
Cleaning
Office supplies & printing
Bank charges
Room hire & rent
Staff costs
Depreciation and impairment
Insurance
Professional fees
Project costs
Telephone and computer costs
Sundry expenses
Travel
Staff training
Share of governance costs (see note 5)
Analysis by fund
Unrestricted funds
Restricted funds
Support costs
Governance costs
Analysed between
Charitable activities		 Support
costs
Governance
costs
£
£
-
1,110
-
1,110
-
1,110		 636
500
759
129
13,245
2024
£
150,596
5,145
1,265
356
12,564
2,082
257
13
9,374
196,921
1,110
198,031
44,487
153,544
198,031
2024
£
1,110
1,110
1,110		 511
229
547
161
7,415
2023
£
100,177
1,483
831
276
16,092
634
1,200
56
1,465
131,076
1,080
132,156
24,193
107,963
132,156
2023
£
1,080
1,080
1,080

5 Support costs

Governance costs includes payments to the accountants of £1,110 (2023- £1,080) for independent examiner fees.

THE BROMSGROVE YOUTH AND COMMUNITY HUB

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024

6 Trustees

None of the Trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

7 Employees

The average monthly number of employees during the year was:

Employment costs
Wages and salaries
Other pension costs		 2024
Number
15
2024
£
146,455
4,141
150,596		 2023
Number
8
2023
£
97,480
2,697
100,177

There were no employees whose annual remuneration was more than £60,000.

8 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

9 Tangible fixed assets

Tangible fixed assets
Fixtures and
fittings
Computers
£
£
Cost
At 6 April 2023
139
11,246
Additions
-
6,253
At 5 April 2024
139
17,499
Depreciation and impairment
At 6 April 2023
34
2,441
Depreciation charged in the year
75
5,070
At 5 April 2024
109
7,511
Carrying amount
At 5 April 2024
30
9,988
At 5 April 2023
105
8,805		 Total
£
11,385
6,253
17,638
2,475
5,145
7,620
10,018
8,910

THE BROMSGROVE YOUTH AND COMMUNITY HUB

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024

10
Debtors
Amounts falling due within one year:
Fund debtors
11
Creditors: amounts falling due within one year
Accruals		 2024
£
22,379
2024
£
1,110		 2023
£
5,995
2023
£
1,137

THE BROMSGROVE YOUTH AND COMMUNITY HUB

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024

12 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

Movement in funds Movement in funds Movement in funds Movement in funds
Balance at Incoming Resources Balance at Incoming Resources Balance at
6 April 2022 resources expended 6 April 2023 resources expended 5 April 2024
£ £ £ £ £ £ £
David Morgan Music Trust 239 2,598 (2,837) - 500 (137) 363
Allchurches Trust 3,950 3,950 3,950
Worcestershire County Council - S Webb 1,000 (1,000) - -
Brewin Dolphin Street Pastors 1,000 1,000 (1,000) -
Awards for All 2,250 (2,250) - -
Postcode Local 7,485 (7,485) - -
Tesco Community 500 (500) - -
BDC Communities (NHB) 5,000 209 (3,326) 1,883 (1,883) -
TIF 8,170 9,388 (14,549) 3,009 (3,009) -
RBC/CSP Street Pastors Outreach 2,705 (1,855) 850 (850) -
Redditch Borough Council / CSP: Enhanced Youth Worker 1,100 17,511 (18,611) - 13,133 (13,133) -
Councillor J Robinson 1,500 (1,500) - -
Oakland International 250 (250) - -
BDC Social Prescribing 615 (615) - -
BDC Equalities Small Grants Scheme 900 (900) - -
Youth Music 9,100 (7,938) 1,162 9,100 (10,262) -
All Saints Church 250 (250) - -
Commonwealth Games Legacy Grant 2,498 2,498 (2,498) -
St Godwalds Church 250 (250) - -
Youthscape 2 10,467 (8,938) 1,529 15,858 (14,813) 2,574
Mc Carthy & Stone 300 (300) - -
Street Games /Youth Justice 20,000 (18,710) 1,290 (1,290) -
National Lottery Community Fund 59,646 (10,910) 48,736 (32,603) 16,133

THE BROMSGROVE YOUTH AND COMMUNITY HUB

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024

12 Restricted funds (Continued)
Youth Council Project 5,000 (2,353) 2,647 5,000 (2,700) 4,947
SEN/ASD Project 2,405 (1,013) 1,392 1,070 (2,462) -
West Mercia Police 246 (246) - -
Catshill PC 124 (124) - -
Worcestershire Community Fund (#iwill2022) 9,250 (635) 8,615 (8,615) -
Wychavon COMF Funding 12,693 (620) 12,073 (7,755) 4,318
BDC Youth Council Project celebration event - 1,000 1,000
Woodward Charitable Trust - 2,000 (93) 1,907
Worcestershire City Council - 300 (105) 195
Backdoor Pro (Carnival) - 150 (150) -
Margaret Westwood Grant - 500 (7) 493
Bromsgrove District Council - Equalities Small Grants Scheme - 1,000 (1,000) -
Redditch Borough Council / CSP: Safer Bromsgrove grant - 8,304 (7,582) 722
WCF Inclusive Community Fund - 7,000 (3,899) 3,101
Wychavon District Council Youth Support Fund - Droitwich Outreach - 15,426 15,426
Councillor Shirley Webb - 787 (787) -
Sport England (Bridging the Gap) - 15,000 (15,000) -
Reachout Bromsgrove - Unstoppables - 1,600 (1,600) -
Hedley Foundation - Unstoppables (SEN/ASD) - 2,448 (169) 2,279
Youth Services Fund - One-to-One (Weekly drop-in & one-to-one
sessions) - 5,000 (5,000) -
Youth Services Fund - Detached - 3,032 (2,317) 715
Youth Services Fund - Open Access (Thursday & Friday "Motivate") - 3,032 (3,032) -

THE BROMSGROVE YOUTH AND COMMUNITY HUB

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024

12 Restricted funds

Restricted funds
Youth Services Fund - Targeted (Unstoppables; Empowerment;
LGBTQ+)
Worcestershire Community Trust - Vesta Tilley
Oakland International
Children In Need
Youth Music Stability Fund
Ninevah Trust		 31,399 167,200
(107,965)		 -
-
-
-
-
90,637		 (Continued)
3,032
(2,865)
167
1,750
(250)
1,500
1,500
(1,062)
438
15,400
(5,583)
9,817
7,500
7,500
338
(31)
307
140,760
(153,542)
77,853		 (Continued)
3,032
(2,865)
167
1,750
(250)
1,500
1,500
(1,062)
438
15,400
(5,583)
9,817
7,500
7,500
338
(31)
307
140,760
(153,542)
77,853
77,853

THE BROMSGROVE YOUTH AND COMMUNITY HUB

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024

12 Restricted funds

(Continued)

THE BROMSGROVE YOUTH AND COMMUNITY HUB

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024

(Continued)

12 Restricted funds

THE BROMSGROVE YOUTH AND COMMUNITY HUB

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024

13 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 6 April Incoming Resources At 5 April
2023 resources expended 2024
£ £ £ £
General funds 75,185 68,546 (44,487) 99,244
Previous year: At 6 April Incoming Resources At 5 April
2022 resources expended 2023
£ £ £ £
General funds 42,635 56,745 (24,193) 75,187
Analysis of net assets between funds
Unrestricted Restricted Total
funds funds
2024 2024 2024
£ £ £
Fund balances at 5 April 2024 are represented by:
Tangible assets 10,018 - 10,018
Current assets/(liabilities) 89,226 77,853 167,079
99,244 77,853 177,097
Unrestricted Restricted Total
funds funds
2023 2023 2023
£ £ £
Fund balances at 5 April 2023 are represented by:
Tangible assets 8,910 - 8,910
Current assets/(liabilities) 66,277 90,635 156,912
75,187 90,635 165,822

14 Analysis of net assets between funds

15 Related party transactions

There were no disclosable related party transactions during the year (2023 - none).