**REGISTERED COMPANY NUMBER: 12397926 (England and Wales) REGISTERED CHARITY NUMBER: 1194504** 

**Report of the Trustees and Unaudited Financial Statements** 

**for the Year Ended 31 January 2022** 

**for** 

**BEST - BE A BETTER YOU** 

Monahans Chartered Accountants Hermes House Fire Fly Avenue Swindon Wiltshire SN2 2GA 



**BEST - BE A BETTER YOU** 

**Contents of the Financial Statements for the Year Ended 31 January 2022** 

|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|3|
|**Independent Examiner's Report**||4||
|**Statement of Financial Activities**||5||
|**Balance Sheet**||6||
|**Notes to the Financial Statements**|7|to|13|





**BEST - BE A BETTER YOU (Registered number: 12397926)** 

## **Report of the Trustees for the Year Ended 31 January 2022** 

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 January 2022. 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). 

## **OBJECTIVES AND ACTIVITIES** 

## **Objectives and aims** 

The charity's objects are: 

To act as a resource for young people from the ages of 11 to 25 living in Swindon and the surrounding areas by providing advice and assistance and organising programmes of physical, educational and other activities as a means of: 

a) advancing in life and helping young people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals; 

b) advancing education; 

c) relieving unemployment; and 

d) providing recreational, sport and leisure activity in the interests of social welfare for people living in the area of benefit who have need by reason of their youth, age, infirmity or disability, poverty or social and economic circumstances with a view to improving the conditions of life of such persons. 

## **Significant activities** 

During this year the management and staff, teams at BEST have been delivering bespoke 1:1 mentoring programs to vulnerable young people. 

We have had many successful mentees move forward into education and away from social isolation and criminal activity. 

The bespoke mentoring programs include sports based activities which have helped young people develop new skills, gain confidence and improve their mental health. 

BEST have worked well with Young People who are not engaging with their training and education and have been successful in supporting young people go back to school and college and reengage. 

BEST are also engaging with more local parishes than the previous year and reaching out to more schools to provide activities to engage the youth in those areas. 

## **Public benefit** 

The trustees have paid due regard to the Charity Commission's guidance on public benefit in deciding what activities the charity should undertake.  The trustees consider that they have acted in the public benefit. 

## **Volunteers** 

We have a team of four skilled volunteers who support paid staff in the delivery of our programs. 

Page 1 



**BEST - BE A BETTER YOU (Registered number: 12397926)** 

## **Report of the Trustees for the Year Ended 31 January 2022** 

## **ACHIEVEMENT AND PERFORMANCE** 

During this year BEST has continued to grow and developed into a respected and valued youth provision in Swindon. 

BEST navigated its way through the Covid19 pandemic and was able to reach out to many young people that were in desperate need of positive interventions. 

Due to the demand of services, BEST employed 2 more members of staff who were skilled and qualified to deliver martial arts and football coaching. 

We have built up the amount of enrichment sessions we deliver weekly and currently work with 8 schools and alternative education providers. 

BEST have been delivering AQA Unit Awards alongside the mentoring programs and have taken on students who have progressed from the mentoring programs on traineeships to learn the basics of coaching and gaining employability skills. 

BEST has continued to build its reputation as a professional team which. This has been reflected in the number of referrals we have been receiving. 

We received a grant to fund a specific mentoring program for young people aged 16-19 that are not in education, employment or training (NEET) to support young people to become EET. This begins in January 2022. 

BEST has a successful summer program, which was funded through a grant. This ran for the duration of the school summer holidays and reached around 30 young people per session. This has increased the charities presence within the community and Swindon. 

BEST have now also employed a Deputy Manager who started in January 2022. Her background is Education and will support the Operations Manager in growing the charity and developing tutoring on site. Laura is also a very skilled Safeguarding professional and is the designated safeguarding lead. 

## **FINANCIAL REVIEW** 

## **Financial position** 

At 31 January 2022, the charity had total funds of £7,889. The trustee, D Bryden, continues to financially support the charity. 

## **Reserves policy** 

We are a new charity. We started BEST - Be a Better You using a business model invoicing for the activities provided. We will now start seeking fundraising income to help grow BEST. A reserves policy will be developed in the future. 

## **Going concern** 

The trustee D Bryden donated some £115,000 to the charity during the year. Since the year end the charity has been successful in increasing the number of boxing sessions which is being funded by the local authority. The trustee D Bryden will continue to financially support the charity as required. The trustees are now seeking to increase its fundraising activity. Therefore the trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Governing document** 

The charity is controlled by its governing document, its articles of association, and constitutes a limited company limited by guarantee, as defined by Companies Act 2006. 

## **Recruitment and appointment of new trustees** 

BEST - Be a Better You advertise on our social media pages for trustees. If a person shows an interest, we invite them to talk with us and provide them with a document outlining the roles and responsibilities of a trustee which is in line with the essential trustee guidance on the Gov.uk website. 

The interested person is then invited to a management committee meeting where they are provided with a Trustee Pack and have the chance to meet with the committee. The pack includes the role and responsibility of a trustee, a trustee agreement and declaration form. This includes a code of conduct and declaration of interests form to be signed. 

This is in line with the process outlined in Best - Be a Better You articles of association/constitution. 

## **REFERENCE AND ADMINISTRATIVE DETAILS** 

## **Registered Company number** 

12397926 (England and Wales) 

Page 2 



**BEST - BE A BETTER YOU (Registered number: 12397926)** 

**Report of the Trustees for the Year Ended 31 January 2022** 

**Registered Charity number** 1194504 

## **Registered office** 

Block G Dorcan Business Complex Faraday Road Swindon Wiltshire SN3 5HQ 

## **Trustees** 

K Deering Lecturer D Bryden Mrs K Herbert 

## **Independent Examiner** 

James Gare FCA DChA Monahans Chartered Accountants Hermes House Fire Fly Avenue Swindon Wiltshire SN2 2GA 

Approved by order of the board of trustees on 20 October 2022 and signed on its behalf by: 

D Bryden - Trustee 

Page 3 



**Independent Examiner's Report to the Trustees of BEST - BE A BETTER YOU** 

## **Independent examiner's report to the trustees of BEST - BE A BETTER YOU ('the Company')** 

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 January 2022. 

## **Responsibilities and basis of report** 

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). 

Having satisfied myself that the accounts of the Company 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 your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 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 registered member of FCA DChA which is one of the listed bodies. 

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: 

1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 

3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or 

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). 

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. 

James Gare FCA DChA Monahans Chartered Accountants Hermes House Fire Fly Avenue Swindon Wiltshire SN2 2GA 

21 October 2022 

Page 4 



**BEST - BE A BETTER YOU** 

## **Statement of Financial Activities for the Year Ended 31 January 2022** 

|||||||Period|
|---|---|---|---|---|---|---|
|||||||13.1.20|
||||||Year Ended|to|
||||||31.1.22|31.1.21|
|||Unrestricted|Restricted||Total|Total|
|||fund|fund||funds|funds|
||Notes|£|£||£|£|
|**INCOME AND ENDOWMENTS FROM**|||||||
|Donations and legacies|3|135,925|10,392||146,317|3,000|
|**Charitable activities**|||||||
|Activities||118,610||-|118,610|14,235|
|**Total**||254,535|10,392||264,927|17,235|
|**EXPENDITURE ON**|||||||
|**Charitable activities**|5||||||
|Activities||178,935|10,392||189,327|84,946|
|**NET INCOME/(EXPENDITURE)**||75,600||-|75,600|(67,711)|
|**RECONCILIATION OF FUNDS**|||||||
|**Total funds brought forward**||(67,711)||-|(67,711)|-|
|**TOTAL FUNDS CARRIED FORWARD**||7,889||-|7,889|(67,711)|



The notes form part of these financial statements 

Page 5 



**BEST - BE A BETTER YOU (Registered number: 12397926)** 

## **Balance Sheet 31 January 2022** 

|||||2022|2021|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|fund|funds|funds|
||Notes|£|£|£|£|
|**FIXED ASSETS**||||||
|Tangible assets|13|36,818|-|36,818|6,755|
|**CURRENT ASSETS**||||||
|Debtors|14|23,992|-|23,992|2,956|
|Cash at bank and in hand||389|-|389|34,667|
|||24,381|-|24,381|37,623|
|**CREDITORS**||||||
|Amounts falling due within one year|15|(25,391)|-|(25,391)|(77,673)|
|**NET CURRENT ASSETS/(LIABILITIES)**||(1,010)|-|(1,010)|(40,050)|
|**TOTAL ASSETS LESS CURRENT LIABILITIES**||35,808|-|35,808|(33,295)|
|**CREDITORS**||||||
|Amounts falling due after more than one year|16|(27,919)|-|(27,919)|(34,416)|
|**NET ASSETS/(LIABILITIES)**||7,889|-|7,889|(67,711)|
|**FUNDS**|18|||||
|Unrestricted funds||||7,889|(67,711)|
|**TOTAL FUNDS**||||7,889|(67,711)|



The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2022. 

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2022 in accordance with Section 476 of the Companies Act 2006. 

The trustees acknowledge their responsibilities for 

- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and 

- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. 

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. 

The financial statements were approved by the Board of Trustees and authorised for issue on 20 October 2022 and were signed on its behalf by: 

D Bryden - Trustee 

The notes form part of these financial statements 

Page 6 



**BEST - BE A BETTER YOU** 

## **Notes to the Financial Statements for the Year Ended 31 January 2022** 

## **1. STATUTORY INFORMATION** 

BEST - Be A Better You is a charitable company limited by guarantee, without share capital, incorporated in England and Wales. The registered office address, nature of the charity's operations and principal activities can be found in the Trustees' Report. 

## **2. ACCOUNTING POLICIES** 

## **Basis of preparing the financial statements** 

The financial statements of the charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention. 

The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are prepared in sterling which is the functional currency of the charity and rounded to the nearest pound. 

There are no significant areas of judgements or key sources of estimation uncertainty. 

## **Going concern** 

The trustee D Bryden donated some £115,000 to the charity during the year. Since the year end the charity has been successful in increasing the number of boxing sessions which is being funded by the local authority. The trustee D Bryden will continue to financially support the charity as required. The trustees are now seeking to increase its fundraising activity. Therefore the trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern. 

## **Legal status of the Charity** 

The charity is a company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. 

## **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. 

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. 

## **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 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. 

## **Tangible fixed assets** 

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. 

Equipment - 25% on straight line basis Motor vehicles - 20% on straight line basis Computer equipment - 25% on straight line basis 

## **Taxation** 

The charity is exempt from corporation 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 7 

continued... 



**BEST - BE A BETTER YOU** 

## **Notes to the Financial Statements - continued for the Year Ended 31 January 2022** 

## **2. ACCOUNTING POLICIES - continued** 

## **Fund accounting** 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

## **Hire purchase and leasing commitments** 

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. 

## **Financial instruments** 

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. 

## **Debtors** 

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 

## **Cash at bank and in hand** 

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 

## **Creditors and provisions** 

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. 

## **3. DONATIONS AND LEGACIES** 

|Year Ended<br>31.1.22<br>£<br>Donations<br>115,845<br>Grants<br>30,472<br>146,317|Period<br>13.1.20<br>to<br>31.1.21<br>£<br>-<br>3,000|
|---|---|
||3,000|



Grants received, included in the above, are as follows: 

|||Period|
|---|---|---|
|||13.1.20|
||Year Ended|to|
||31.1.22|31.1.21|
||£|£|
|SBC covid support|20,080|3,000|
|Other grants|10,392|-|
||30,472|3,000|



Page 8 

continued... 



**BEST - BE A BETTER YOU** 

## **Notes to the Financial Statements - continued for the Year Ended 31 January 2022** 

## **4. INCOME FROM CHARITABLE ACTIVITIES** 

|Activity<br>Grants<br>Activities<br>Boxing sessions<br>Activities<br>Grants received, included in the above, are as follows:<br>Coronavirus job retention scheme<br>**5.**<br>**CHARITABLE ACTIVITIES COSTS**<br>Activities<br>**6.**<br>**DIRECT COSTS OF CHARITABLE ACTIVITIES**<br>Staff costs<br>Rent - operating leases<br>Boxing fees<br>Insurance<br>Light and heat<br>Postage and stationery<br>Advertising<br>Sundries<br>Computers, phones and equipment<br>Motor expenses<br>Depreciation|Year Ended<br>31.1.22<br>£<br>31,220<br>87,390<br>118,610<br>Year Ended<br>31.1.22<br>£<br>31,220<br>Direct<br>Support<br>Costs (see<br>costs (see<br>note 6)<br>note 7)<br>£<br>£<br>184,334<br>4,993<br>Year Ended<br>31.1.22<br>£<br>78,390<br>10,350<br>-<br>3,083<br>8,362<br>1,423<br>45,900<br>9,714<br>12,440<br>2,247<br>12,425<br>184,334|Period<br>13.1.20<br>to<br>31.1.21<br>£<br>12,375<br>1,860|
|---|---|---|
|||14,235|
|||Period<br>13.1.20<br>to<br>31.1.21<br>£<br>12,375<br>Totals<br>£<br>189,327|
|||Period<br>13.1.20<br>to<br>31.1.21<br>£<br>39,892<br>10,352<br>1,450<br>299<br>4,716<br>3,817<br>3,000<br>2,916<br>14,030<br>1,410<br>1,896|
|||83,778|



## **7. SUPPORT COSTS** 

|**SUPPORT COSTS**||
|---|---|
||Governance|
||costs|
||£|
|Activities|4,993|



Page 9 

continued... 



**BEST - BE A BETTER YOU** 

## **Notes to the Financial Statements - continued for the Year Ended 31 January 2022** 

## **7. SUPPORT COSTS - continued** 

Support costs, included in the above, are as follows: 

|Support costs, included in the above, are as follows:|||
|---|---|---|
|||Period|
|||13.1.20|
||Year Ended|to|
||31.1.22|31.1.21|
|||Total|
||Activities|activities|
||£|£|
|Accountancy and legal fees|4,993|1,168|



## **8. NET INCOME/(EXPENDITURE)** 

Net income/(expenditure) is stated after charging/(crediting): 

|||Period|
|---|---|---|
|||13.1.20|
||Year Ended|to|
||31.1.22|31.1.21|
||£|£|
|Depreciation - owned assets|12,425|1,896|
|Other operating leases|10,350|10,352|
|Independent examination|1,400|1,000|



## **9. TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the year ended 31 January 2022 nor for the period ended 31 January 2021. 

## **Trustees' expenses** 

There were no trustees' expenses paid for the year ended 31 January 2022 nor for the period ended 31 January 2021. 

## **10. STAFF COSTS** 

|**STAFF COSTS**|||
|---|---|---|
|||Period|
|||13.1.20|
||Year Ended|to|
||31.1.22|31.1.21|
||£|£|
|Wages and salaries|75,190|39,892|
|Social security costs|3,200|-|
||78,390|39,892|



The average monthly number of employees during the year was as follows: 

|||Period|
|---|---|---|
|||13.1.20|
||Year Ended|to|
||31.1.22|31.1.21|
|Employees|3|2|



No employees received emoluments in excess of £60,000. 

Page 10 

continued... 



**BEST - BE A BETTER YOU** 

## **Notes to the Financial Statements - continued for the Year Ended 31 January 2022** 

|**11.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**|||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||Unrestricted<br>Restricted||||Total|||
|||||fund||fund||funds|||
|||||£||£||£|||
||**INCOME AND ENDOWMENTS FROM**||||||||||
||Donations and legacies|||3,000|||-|3,000|||
||**Charitable activities**||||||||||
||Activities|||14,235|||-|14,235|||
||**Total**|||17,235|||-|17,235|||
||**EXPENDITURE ON**||||||||||
||**Charitable activities**||||||||||
||Activities|||84,946|||-|84,946|||
||**NET INCOME/(EXPENDITURE)**|||(67,711)|||-|(67,711)|||
||**TOTAL FUNDS CARRIED FORWARD**|||(67,711)|||-|(67,711)|||
|**12.**|**GOVERNMENT GRANT**||||||||||
||||||2022|||2021|||
||||||£|||£|||
||Swindon Borough Council||||20,080|||3,000|||
||HM Revenue and Customs||||31,220|||12,375|||
||There were no unfulfilled conditions or other contingencies attached to these grants/contracts.|||||||The charity|h|a|
||not directly benefited from any other forms|of government||assistance other than the|||Bounceback loan|||a|
||described in note 14.||||||||||
|**13.**|**TANGIBLE FIXED ASSETS**||||||||||
|||||Motor|Computer||||||
|||Equipment||vehicles|equipment|||Totals|||
|||£||£||£||£|||
||**COST**||||||||||
||At 1 February 2021|1,451||7,200|||-|8,651|||
||Additions|22,688||-|19,800|||42,488|||
||At 31 January 2022|24,139||7,200|19,800|||51,139|||
||**DEPRECIATION**||||||||||
||At 1 February 2021||381|1,515|||-|1,896|||
||Charge for year|6,035||1,440||4,950||12,425|||
||At 31 January 2022|6,416||2,955||4,950||14,321|||
||**NET BOOK VALUE**||||||||||
||At 31 January 2022|17,723||4,245|14,850|||36,818|||
||At 31 January 2021|1,070||5,685|||-|6,755|||



There were no unfulfilled conditions or other contingencies attached to these grants/contracts. The charity has not directly benefited from any other forms of government assistance other than the Bounceback loan as described in note 14. 

Page 11 

continued... 



**BEST - BE A BETTER YOU** 

## **Notes to the Financial Statements - continued for the Year Ended 31 January 2022** 

## **14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** 

|Trade debtors<br>VAT<br>Prepayments and accrued income<br>**15.**<br>**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Bank loans and overdrafts (see note 17)<br>Trade creditors<br>Trustee loan account<br>Accrued expenses<br>**16.**<br>**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**<br>Bank loans (see note 17)<br>**17.**<br>**LOANS**<br>An analysis of the maturity of loans is given below:<br>Amounts falling due within one year on demand:<br>Bank loans<br>Amounts falling between one and two years:<br>Bank loans - 1-2 years<br>Amounts falling due between two and five years:<br>Bank loans - 2-5 years<br>Amounts falling due in more than five years:<br>Repayable by instalments:<br>Bank loans more 5 yr by instal|2022<br>£<br>19,910<br>3,022<br>1,060<br>23,992<br>2022<br>£<br>7,081<br>17,150<br>-<br>1,160<br>25,391<br>2022<br>£<br>27,919<br>2022<br>£<br>7,081<br>7,260<br>20,659<br>-|2021<br>£<br>216<br>1,580<br>1,160|
|---|---|---|
|||2,956|
|||2021<br>£<br>584<br>4,665<br>71,424<br>1,000|
|||77,673|
|||2021<br>£<br>34,416|
|||2021<br>£<br>584|
|||7,095|
|||22,381|
|||4,940|



The loan is supported by the Bounce Back Loan Scheme (BBLS). The Bank have received a guarantee from the UK Government under BBLS. The charity is responsible for the repayment of the loan. The interest rate is 2.5% per year. 

## **18. MOVEMENT IN FUNDS** 

|**MOVEMENT IN FUNDS**||||
|---|---|---|---|
|||Net||
|||movement|At|
||At 1.2.21|in funds|31.1.22|
||£|£|£|
|**Unrestricted funds**||||
|General fund|(67,711)|75,600|7,889|
|**TOTAL FUNDS**|(67,711)|75,600|7,889|



Page 12 

continued... 



**BEST - BE A BETTER YOU** 

## **Notes to the Financial Statements - continued for the Year Ended 31 January 2022** 

## **18. MOVEMENT IN FUNDS - continued** 

Net movement in funds, included in the above are as follows: 

||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|254,535|(178,935)|75,600|
|**Restricted funds**||||
|Holiday progammes|10,392|(10,392)|-|
|**TOTAL FUNDS**|264,927|(189,327)|75,600|
|**Comparatives for movement in funds**||||
|||Net||
|||movement|At|
|||in funds|31.1.21|
|||£|£|
|**Unrestricted funds**||||
|General fund||(67,711)|(67,711)|
|**TOTAL FUNDS**||(67,711)|(67,711)|
|Comparative net movement in funds, included in the above are as follows:||||
||Incoming|Resources|Movement|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|17,235|(84,946)|(67,711)|
|**TOTAL FUNDS**|17,235|(84,946)|(67,711)|



Holiday programme - grants received to run the holiday programme 

## **19. RELATED PARTY DISCLOSURES** 

Total donations from trustees were £115,614. 

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