TrarraaEin Ref. LECE4PU2-3AH8 31 MYK 2022 15..08..10 88T IUTC +11 D 111 P 1117 Registered number: 12710244 Charity number: 1191731 ASPIRE FOR YOUNG PEOPLE (A Company Limited by Guarantee) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2021
TrarraaEin Ref. LECE4PU2-3AH8 31 MYK 2022 15..08..10 88T IUTC +11 D 111 PW17 ASPIRE FOR YOUNG PEOPLE {A Company Limited by Guarantee) CONTENTS Page Roference and Adminislrative Details of the Charity. its Trustees and Advisers Trustees, Report Indepeiideiit Examiner's Report Statement of Financial Activities Balan¢& Sheet Notes to the Financial Statements 9-15
TrarraaEin Ref. LECE4PU2-3AH8 31 MYK 2022 15..08..1188T IUTC +11 D 111 P 3117 ASPIRE FOR YOUNG PEOPLE {A Company Limited by Guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE PERIOD ENDED 31 AUGUST 2021 Trustees H L V Eley (appointed 1 July 20201 G W Hodgson {appointed 1 Juty 20201 D Rulley lappointed 1 July 20201 J Simons (appointed l July 2020) A J Trethewey (appointed 1 July 2020) Company registered number 127102 Charity registored number 1191731 Registered office Aspire Schools The Wycombe Grange 56 Amersham Hill High Wycombe Buckinghamshire HP13 6PQ Accountants James Cowper Kreslon Chartered Accountants Reading Bridge House George SLieet Reading Berkshire RG18LS Page 1
TrarraaEin Ref. LECE4PU2-3AH8 31 MYK 2022 15..08..12 88T IUTC +11 D 111 P4117 ASPIRE FOR YOUNG PEOPLE {A Company Limited by Guarantee) TRUSTEES. REPORT FOR THE PERIOD ENDED 31 AUGUST 2021 The Trustees present their annual report together wrfh the financial statements of the Chartty for the period 1 July 2020 10 31 August 2021. The Annual Report seNes the purposes of both a Trustees. report and a directors, report under company law. The Trustees confimi that the Annual Report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable companls governing document and the provision5 of the Statement of Recommended Practice ISORPI applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRTrJ1021 leffeGtive 1 January 2019). Since the Charity qualrfies as small under section 382 of the Companies Act 2006. the Strategic Report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors, Report) Regulations 2013 has been omrtted. Objectives and activities Policies and objectives The charity's object is lo advance in lrfe and relieve needs of young people through= 1. the provision of recreational and leisure lime activf(ies provided in the interest of social welfare, designed to improve their conditions of lrfe., creating increased access to artistic and cultural activities and education 3. providing 5UPPOrt and activitie5 which develop their ski115, capacities and capabilities to enable them to participate in society as mature and respjnsible individuals. b. Strategies for achieving objectives The charity is committed to working wth partners to enhance the opwlunities available for vulnerable and di5advanlaged young people. and lo involve them in activities that they would olherwse be excluded from. . Actimties undertaken to achieve objectives Project 1- Better Lives Through Culture This is a 3 year project with three strands.. 1. Youth club for young people with signfficanl mental health needs 2. Art Therapy 3. Whole school strand to embed cuftural opportunities and the Ajts Award across all of Aspire's sites. Project 2- Provision of food and essential items during the covid 19 pandemic We received funding from both the Rothschilds, and the Jackson Garden company lo provide fotrj and essential items for our most vulnerable young people and theirfamilies during the pandemic. Project 3- Dtrescalation room We received funding for a one year project lo create and staff a de-escalation room at one of our PRU siles. The funding included providing training for our staff to ensure that the deSCalatiOn room ha5 longevity beyond the project. Project 4- Musical Mentoring The Lisa Crispin Charitable Foundation is supwrbng Aspire to work with 'Relatable Rolemodels. one day a week to proVe musical mentoring for Sdents at CSEC for 9 months. Project 5 - Technological support for the arts The Rothschilds Foundation have provided us with a further grant of £15.000 to buy new IPads to support our learners in achieving the Arts Award, and completing creative projects. Page 2
TrarraaEin Ref. LECE4PU2-3AH8 31 MYK 2022 15..08..12 88T IUTC +11 D 111 P5117 ASPIRE FOR YOUNG PEOPLE {A Company Limited by Guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE PERIOD ENDED 31 AUGUST 2021 Achievements and performance a. Main achievements ol the Char Project 1- Better Lives Through Culture This is a 3 year project with three strands.. 1. Youth club for young people with significant mental health needs Approximately 40 students have now engaged wth the youth club. Engagement has included a trip lo Waddesdon. which is a major achievement for many of these students 2. Art Therapy 25 students have CuentlY benefited from Art Therapy 3. Whole school strand to embed cultural opportunib'es and the Arts Award across all of Aspire's sites. Thanks to this funding, students who have never been able to partiapate on arts and cultural trips or activities have had those opportunities. This included over 800 students last year (the number was less than usual because of comdl. 4. Other benefts We have played a pivotal role in supporting thè set-up and launch of the Bucks CEP. Recently this has included tTring to develop suitable opportunities for our sdentS wth Bucks Archives and the Elgiva Theatre. We will be prowding the content and coaching for the 'Bucks Cultural champions, programme. We have used both Buckinghamshire Association of Headteachers IBASHI and the Primary equivalent IPEBI to raise the profile of the CEP. we are actively involved in the Bucks Art leacher network to share opportunities. We are pushing the 'cultural champions project, with all of our partner schools. Last year we ran an online international CPD conference 'Aspire- Power of the Arts, and this year we will be running another wth a foc#Js on cultural leaming that wll be a hybrid virtuallreal life offer. Project 2- Provision of food and essential items during the covid 19 pandemic l. Grant 1 - £1,300 from the Rothschilds 2. Grant 2 - £4,000 from Jigsaw Marketing, Jad(son Garden Centre Aspire for Young People was incredibly grateful to receive this grant for £1.300 in the middle of 2020 towards the end of the first peak of Covid-19 in the UK. The families that Aspire for Young People See$ were particularly badly hil by covid for a variety of factors including poverty and lack of effective support structures. This grant from the Rothschild FJndati0n enabled us to step in and provide emergency support for our young people and their families at a time when it was badly need, and in immediate response to the challenges they were facing. In all, ju51 over 150 families were supported by these grant5, Wtth item5 provided varwng on the indiwdual need5 of the recipient families. and the average 5UPPOrt per family being equal to approximately £30. Some families were identified who were struggling yet did not meet the Pupil Premium requirement for the free school meal vouchers provided by Buckinghamshire Council, and they were given Tesco vouchers of bebNeen £10 and £100 depending on need. other families, many of whom were unable to leave their houses during the pandemic, received f(x)d parcels that were purchased by staff in response to the rf(ems that were needed. such as nappies. feminine hygiene prcxjucts and baby milk We also ensured that the support packages were delivered by families knew the families. and lthom the families could trust. and this gave us the opportunity to check for any potential safeguarding risks or dangers of hami to our young people. Page 3
TrarraaEin Ref. LECE4PU2-3AH8 31 MYK 2022 15..08..13 88T IUTC +11 D 111 P6117 ASPIRE FOR YOUNG PEOPLE {A Company Limited by Guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE PERIOD ENDED 31 AUGUST 2021 Project 3- Des¢alation room Set up nearly complete. We have agreed on outcome measures for wpils lo complete (Beck Youth Inventories scales on anger. anxiety and destructive behaviourl. We have agreed on a Likert scale measure for staff. and have planned pre and post qualitative and quantitative measures the qualitslive will be undertaken via semi structured interview and thematic analysis- staff and students. Experimental group of students identified and will be starting to use the sensory room after half term. A50 collecting data on who uses the room, duration and impact. Other data from SIMS, attendance, behaviour points {posf(ive and negativel will be included. We have started a refiective journal as we plan lo wite up and publish findings. Project 4- Musical Mentoring Project started in October. The project wll involve M students intensively at one time {around >5 months each}. with more students and staff involved in a lighter touch and more flexible way. Previous experience has shown that the 'menloring through music, model has most impact when young people engage for a minimum of three months, but for some young people {especially those in KS41 they may well benefit the most from continued engagement until the end of the academic year. Expected beneficiaries.. Intensive (provided to those young people dmed most 'at risk'}-. 12-15 over g months Lighter touch= 30-50 YP over 9 months Staff= support for approximately 20 staff for g months Project 5 - Technological support for the arts The Rothschilds Foundation have provided us with a further grant of £15,000 to buy new IPads to sup our leamers in achieving the Arts Award, and completing creative projects. This project was agreed at the end of January and the IPads are yet to be purchased. Financial review Total income for the year was £223,350 and total expenditure for the year was £113,019. The surplus fcK the year was £110,331. . Going concern After making appropriate enquiries. the TTuslees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue lo adopt the going concem basis in preparing the financial ststemenls. Further details regarding the adoption of the going concem basis can be found in the accounting wlicies. b. Reserves policy The Charity d5 not intend to hold reserve5. Funds are allocated to specific tImboud projects and expenses matched to the fvjnds. Should projects be delayed. funds wll be carried fopNard and matched to expenditure as it arises. Total reserves at the year end were £110,331. StTUCture, governance and management a. COnstition Aspire For Young People is registered as a ¢harrtable rnPany limrted by guarantee and was set up by a Memorandum of Association. b. Methods of appointment or election of Trustees On 1st July 2021, the Charity appointed 5 Trustees, one of which was the CEO of Aspire Schools and another an Aspire SchcK)Is staff member. The remaining three N%ere independent of Aspire Schools. As per the Charity's Articles of Association, a minirnum of 5 Trustees. and a maximum of 15 Trustees, can Page 4
TransadiDn Ref. LECE4PU2-3AH8 31 Mw2022 15..08..13 8ST (UTC +11 D 111 P 711Y ASPIRE FOR YOUNG PEOPLE IA Company Limited by Guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE PERIOD ENDED 31 AUGUST 2021 appointed. wth Trustees being members of the Board of Trustees for the Charity. The term of office. will be a minimum of 4 years, lch can be extended for a further 4 year temi on expiry. Trustees can resKJn their position at any time. in writing to the Chair of the Trustees. To ensure independence of the Charity from the parent company °Aspire Schools" no more than 40% of the Board in totsl. wll be made up of existing Trustees of Aspire sc1Kls or staff employed through either Aspire Schwls. or any subsidiary company of Aspire Schods. The Executive Head Teacher of Aspire Schcols. wll be deemed to be through their p05ttion. a Trustee of the Charity. Their position must be induded wthin the 40% total of existing Trustees or Staff of Aspire Sthools. In order to protect the overall interest of the parent company, Aspire Schwls, wll appoint an existing Trustee, to oversee the operation of Ihe charity. and to ensure that action5 of the charity are consistent wilh the values of the Aspire Schools, and that the charity dJes not act in a way which is in conflict wth Aspire Schools. When appointing new Trustees, the Board of Trustees wll give consideration to the skills and experien mix of existing Trustees in order to ensure the Goveming Board has the necessary skills to contribute fully to the Chariws development. STATEMENT OF TRUSTEES. RESPONS181LITIES The Trustees (who are also the directors of the Charty for the purpose5 of company lawl are responsible for preparing the Trustees. Report and the financial statements in accordance wth applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees lo prepare finela1 statements for each financial period. Under company law. the Trustees must not approve the finanryal Statements untess they are satisfied that they give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements. the Trustees are required to.. select suitable accounting policies and then appty them consistently, obsetve the methods and principles of the Charities SORP IFRS 1021- make judgments and accounting estimates that are reasonable and prudent" state whether applicable UK Accounts"ng standds IFRS 1021 have been followed, subject to any material departures disclosed and explained in the finanoal statements- prepare the financial slatemenls on the going nCern basis unless it is inappropriate to presume that the Charitywll continue in business. The Trustees are responsible for keeping adequate accountirvJ records that are sufficient to show and expEain the Chartys transactions and disclose wth reasonable accuracy at any b.me the financial posib.on of the Charty and enable them lo ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charty and hence for taking reasonable steps for the preventi and detection of fraud and other irregularities. Approved by order of the members of the board of Trustees and signed on their behalf by.. PRb( D Rutley Trustee Dale: 31 March 2022 Page 5
TrarraaEin Ref. LECE4PU2-3AH8 31 MYK 2022 15..08..14 88T IUTC +11 D 111 P8117 ASPIRE FOR YOUNG PEOPLE {A Company Limited by Guarantee) INDEPENDENT EXAMINER'S REPORT FOR THE PERIOD ENDED 31 AUGUST 2021 Independent Exarninerfs Report to the Trustees of Aspire For Young People {'the Charity.) I report to the charity Trustees on my examination of the accounts of the Charity for the peri¢)d ended 31 August 2021. Responsibilities and Basis of Report As the Trustees of the Charity land its directors for the purpose5 of company lawl you are responsible for the preparation of the accounts in accordance wth the requirements of the Companies Act 20061'the 2006 Art). Having satisfied myself that the accounts of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charitys accounts carried out under section 145 of the Charities Act 2011 Ilhe 2011 Acl'l. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145{5llb) of the 2011 Act. Independent Examinofs Statement I have completed my examination. I confimi that no matters have come to my attention in connection with the examination giving me cause lo believe= accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act,. or the accounts do nol accord wth those records- or the accounts do not cornply wrth the a¢nting requirernen15 (Jf sect49n 396 of the 2006 Act other than any requirement that the accounts give a Yrue and fair. view which is not a matter considered as part of an independent examination-, or the accounts have not been prepared in accordance Mqth the methods and principles of the Statement of Recommended Practice for accounting and reporting by Charities lapplicable to charities preparing their accounts in acdance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)]. I have no concerns and have come across no other matters in conneclion 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. This report is made solely to the Charity's Trustees, as a body. in accordance Part 4 of the Charities {Account5 and Repxjrts) Regulations 2008. My work has been undertaken so that I might state to the Charitys Trustees those matters l am required to state lo them in an Independent Examiner's Report and for no other purpose. To the fullest extent perniitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charitys Trustees as a body. for my work or for this report. Signed: Dated.. 31 March 2022 Darren O'connor Bsc (Honsl FCCA ACA James Cowper Kre5ton Chartered Accountant and Statutory Auditor Reading Bridge House George Street Reading Berkshire RG18LS Page 6
TrarraaEin Ref. LECE4PU2-3AH8 31 MYK 2022 15..08..14 88T IUTC +11 D 111 P9117 ASPIRE FOR YOUNG PEOPLE {A Company Limited by Guarantee) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE PERIOD ENDED 31 AUGUST 2021 Unrestricted funds 2021 Total funds 2021 Note Income from: Donations and legacies Charitable activities 139.700 83,500 150 139,700 83,500 150 other income Total income 223,350 223,350 Expenditure on: Charitable activities 113.019 113,019 Total expenditure 113.019 113,019 Nei movement in funds 110.331 110,331 Reconciliation of funds: Net movement in funds 110.331 110,331 Total funds carried forward 110.331 110,331 The Statement of Financial Activities includes all gains and losses recc4Jnised in the period. The note5 on pages 9 to 15 fomi part of these financial statements. Page 7
TransadiDn Ref. LECE4PU2-3AH8 31 Mw2022 15..08..15 BST (UTC +11 D 111 P 10117 ASPIRE FOR YOUNG PEOPLE IA Company Limited by Guarantee) REGISTERED NUMBER: 12710244 BALANCE SHEET AS AT 31 AUGUST 2021 2021 Note Current assets Debtors Cash at bank and in hand 11 62,700 82.764 145,464 Credttors: amounts falling due within one year 12 135.133) Not current assets 110.331 Total assets less current liabilities 110.331 Net assets excluding pension asset 110,331 Total net assets 110,331 Charity funds Reslricted funds 13 Unrestricted funds 13 110.331 Total funds 110.331 The Charty was entit to exemption from audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit for the liOd in question in accordance section 476 of Companie5 Act 2006. The Trustees aCknOedge their respjnsibilities for cornpng with the requirements of the Act vthh respect to accounting record5 and preparation of financial Statements. The financial statemerrts have been prepared in accordance wth the provisiorts applicable to entities subject to the small companie5 regime. The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by.. PR D Rutley Trustee Date: 31 March 2022 The notes on pages 9 to 15 fomi part of these financEal statements. Page 8
TrarraaEin Ref. LECE4PU2-3AH8 31 MYK 2022 15..08..15 88T IUTC +11 D 111 P 11117 ASPIRE FOR YOUNG PEOPLE {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2021 General inforrnation Aspire for Young People is a company limited by guarantee and a registered charity (company number 12710244 and England and Wales registered charity number 11917311. It is govemed by its Memorandum of Association and its registered office is Aspire Schcnls. The Wycombe Grange. 56 Amersham Hill, High Wycombe, Bucks. HP13 6PQ. Accounting policies 2.1 Basis of preparation of financial statements The financial statements have been prepared in accordance wth the Charitie5 SORP (FRS 1021 Accounting and Reporbng by Charities= Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 2019}, the Financial Reports"ng Standard applicable in the UK and Republic of Ireld IFRS 1021 and the Companies Act 2006. Aspire For Young People meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otheiSe slated in the relevant accounting policy. 2.2 Income All income is recognised once the Charity has entement to the income. rt is probable that the income will received and the amount of income receivable can be measured reliably. Grants are included in the Statement ol Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is reiVed in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received. the income is accrued. Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service. 2.3 Expenditure Expenditure is recognised once there is a legal or constructive obligation lo transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in setdement and the amounl of the obligation can be measured reliably. Expendire is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, induding support costs involved in undertaking eaGh aGlivity. Direct Gosts attributable to a single aGlivity are alloGated diredly to that activity. Expendrture on charitable actiwtie5 is inujrred on diredy undertaking the activities which further the Charity's objectives. as well as any asswated 5UPPOrt costs. AJI expenditure is indusive of Irrecoverab VAT. 2.4 Debtors Trade and other debtors are recognised al the settlement amount after any trade discount offered. Prepayrnents are valued at the amount prepaid net of any trade discounls due. Page 9
TrarraaEin Ref. LECE4PU2-3AH8 31 MYK 2022 15..08..15 88T IUTC +11 D 111 P 1W17 ASPIRE FOR YOUNG PEOPLE {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2021 Accounting policie5 Icontinuedl 2.5 Cash at bak and in hand Cash at bank and in hand indudes cash and short-temi highly liquid investments wqth a short malurty of three months or less from the date of aGquisition or opening of the deposit or similar aGGount. 2.6 Liabilities and provisions Liabilities are recognised when there is an obligation al the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilits'es are recognised at the amount that the Charity anticipates it will pay lo settle the debt OT the amount it has received as advanced payments for the goods or seNices it must provide. Provisions are measured at the best estimate of the amounts rw4uired lo settle the obligatic. Where the effecl of the lime value of money is material. the provision is based on the present value of those amounts, discounted at the pre-tax discourit rate that refflects the risks specific to the liability. The unmqnding of the discount is recognised in the Statement of Financial Activitie5 a5 a finance cost. 2.7 Financial instrurnents The Charity only has finar¢cial assets and financial liabilib'es of a kind that qualrfy as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value wlh the exception of bank loans which are subsequently measured at amortised c05t using the effective interest method. 2.8 Fund accounting General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Critical accounting 8stimatos and areas of judgment Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectation5 of future events that are believed to be reasonable under the circumstances. Critical accountiThJ estimates and assumptions= The Charity makes estimates and assumpts'ons conceming the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results. The Trustees do not consider there to be any material estimates and assumptions used in preparing the accounts. Page 10
TrarraaEin Ref. LECE4PU2-3AH8 31 MYK 2022 15..08..16 88T IUTC +11 D 111 P 12117 ASPIRE FOR YOUNG PEOPLE {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2021 Income frorn donations and legacies Unrestricted fund5 2021 Total funds 2021 Donations 13,000 126,700 13,000 126,700 Grants 139,700 139,700 Income frorn charitable activities Unrestricted funds 2021 Total funds 2021 Income from charitable aetivities 83.500 83.500 Other incoming resources Unrestricted funds 2021 Total funds 2021 other income 150 150 Analysis of expenditure on charitablo activities Summary by fund typ8 Unr6siricted funds 2021 Total funds 2021 Total costs 113,019 113,019 Page 11
TrarraaEin Ref. LECE4PU2-3AH8 31 MYK 2022 15..08..16 88T IUTC +11 D 111 P 14117 ASPIRE FOR YOUNG PEOPLE {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2021 Analysis of expenditure by activities Activities undertaken directly 2021 Support costs Total funds 2021 2021 Total costs 69.142 43,877 113,019 Analysis of direct cosis Total funds 2021 2021 Staff costs 40,557 4,270 383 40,557 4,270 383 Courses TTIPS Projects Equipmerrt 17,979 5,953 17,979 5,953 69,142 69,142 Analysis of support costs Totsl funds 2021 Activities 2021 staff costs 19,713 16,241 5,399 24 2,500 19,713 16,241 5,399 24 2,500 Consultancy and professional fee8 Administrati expenses Govemance costs- independent examination 43,877 43,877 Page 12
TrarraaEin Ref. LECE4PU2-3AH8 31 MYK 2022 15..08..17 88T IUTC +11 D 111 P 15M7 ASPIRE FOR YOUNG PEOPLE {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2021 Staff costs 2021 Wages and salaries Soaal security costs Contribution to defined contribution pension schemes 45,353 4,303 10,614 60,270 The average number of persons employed by the Charity during the period was as follows: 2021 No. Employees No employee received remuneration amounting to more than £60,000 in either year. The key management personnel of the channqs the executive head. Total remuneration for the year was £15.824. 10. Trustees. remuneration and expenses During the period. no Trustees received any remuneration or other benefrts. During the period ended 31 August 2021, no Trustee expenses have been incurred. 11. Debtors 2021 Due within one year PrepayTnents and accfued income 62,700 62,700 Page 13
TrarraaEin Ref. LECE4PU2-3AH8 31 MYK 2022 15..08..17 88T IUTC +11 D 111 P 1f117 ASPIRE FOR YOUNG PEOPLE {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2021 12. Creditors: Amounts falling due within one year 2021 Other creditors Accruals and deferred income 13,562 21,571 35,133 2021 Deferred income Resources deferred during the period 19,071 Deferred income relates lo income r1ved in advance of services being provided. 13. Ststement of funds Stateinent of funds- current peiiod Balance at 31 August 2021 Incomo Expenditure Unrestricted funds General Funds 223.350 (113,019) 110,331 14. Analysis of net assets between funds Analysis of net assets between funds- current period Unrestricted funds 2021 Total funds 2021 Current assets 145,464 {35,1331 145,464 (35,1331 Creditors due wlhin one year Total 110,331 110,331 Page 14
TrarraaEin Ref. LECE4PU2-3AH8 31 MYK 2022 15..08..18 88T IUTC +11 D 111 P 17117 ASPIRE FOR YOUNG PEOPLE {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2021 15. Related party transactions The Charity has not entered into any related party transaction during the period. nor are there any outstanding balances owing betrNeen related parbes and the Charity al 31 August 2021. Page 15