**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 2023**
**for**
**Best - Be A Better You**
PPS Chartered Accountants 29 Devizes Road Swindon Wiltshire SN1 4BG
**Best - Be A Better You**
## **Contents of the Financial Statements for the Year Ended 31 January 2023**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|3|
|**Independent Examiner's Report**||4||
|**Statement of Financial Activities**||5||
|**Balance Sheet**|6|to|7|
|**Notes to the Financial Statements**|8|to|13|
|**Detailed Statement of Financial Activities**||14||
**Best - Be A Better You**
## **Report of the Trustees for the Year Ended 31 January 2023**
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 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **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.
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 have provided holiday enrichment programs in areas of deprivation in Swindon and in Devizes Wiltshire through Safer Streets funding.
We have been chosen as the Charity of the Year for both Haydon Wick Parish Council and The Mayor of Swindon.
We have moved twice into bigger premises to meet the needs of the young people.
BEST had the honour of welcoming HRH The Prince of Wales in September 2023. Prince William spent time with our CEO, Trustees, Staff and service uses and commented what a valuable service BEST is to Swindon
## **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**
BEST have a team of 6 skilled volunteers who support paid staff in the delivery of our programs. The volunteers are very diverse and some with lived experiences which helps engage the young people.
Page 1
**Best - Be A Better You**
## **Report of the Trustees for the Year Ended 31 January 2023**
## **ACHIEVEMENT AND PERFORMANCE Charitable activities**
During this year BEST has continued to grow and developed into a lead Alternative Provision in Swindon.
Due to the continual growth of our services, BEST employed more members of staff. We currently have 6 full time staff, 4 part-time staff and have employed a trainee sports coach. BEST is looking to start a service user who leaves school next year on an Apprenticeship.
We have built up the amount of enrichment sessions we deliver weekly and currently work with 8 schools and alternative education providers.
BEST has started to work outside of Swindon in Wiltshire as the demand for 1 to 1 mentoring in other areas is growing.
BEST now provides a small amount of tutoring sessions for some students who are school refusers or unable to attend school for various reasons.
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. BEST had to create a waiting list for a short time due to demand for 1 to 1 mentoring. We are looking to employ another full-time mentor in 2024 to help meet the demand and support the launch of evening youth club sessions.
The Charity delivered funded holiday activities around areas of deprivation in Swindon and Devises and saw 1,272 children attend.
BEST have been delivering targeted group work to at risk young people in Secondary Schools and to young people at risk of criminal exploitation.
BEST is now working with around 200 young people per week on the 1 to 1 programs and school enrichment sessions.
We have been funded by Public Health Swindon to work with young people struggling in school, at risk of criminal exploitation, or with drug and alcohol misuse issues.
## **FINANCIAL REVIEW**
## **Financial Position**
At 31 January 2023, the charity had total funds of £28,414. The trustee, D Bryden, continues to financially support the charity through donations from other companies he runs.
## **Going concern**
Companies controlled by D Bryden donated £207,531 to the charity during the year. 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.
Page 2
**Best - Be A Better You**
## **Report of the Trustees for the Year Ended 31 January 2023**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Recruitment and appointment of new trustees**
BEST have successfully recruited more trustees. We now have a board of 6 skilled trustees all of which are listed on the Charities Commission Website.
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)
## **Registered Charity number**
1194504
## **Registered office**
Unit 20 Athena Avenue Elgin Idustrial Estate Swindon Wiltshire SN2 8EJ
## **Trustees**
D Bryden Managing Director K Deering Lecturer MS K Herbert Head Of Compliance (resigned 12.1.23) MS S Hiscock Trustee (appointed 15.2.22) MS R Ordette Trustee (appointed 15.2.22) Ms A Stacey (appointed 1.6.23) Mrs S Bryden (appointed 1.6.23)
## **Independent Examiner**
Ian Willoughby FCA PPS Chartered Accountants 29 Devizes Road Swindon Wiltshire SN1 4BG
Approved by order of the board of trustees on 31 January 2024 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 2023.
## **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 member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no 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.
Ian Willoughby FCA The Institute of Chartered Accountants in England and Wales
PPS Chartered Accountants 29 Devizes Road Swindon Wiltshire SN1 4BG
31 January 2024
Page 4
**Best - Be A Better You**
## **Statement of Financial Activities**
## **for the Year Ended 31 January 2023**
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
215,838
**Charitable activities**
Grants
-
Boxing sessions and other activities
168,071
Developing young peoples skills, capacities and
capabilities to enable them to participate in society
as independent, mature and responsible individuals
7,640
**Total**
391,549
**EXPENDITURE ON**
**Charitable activities**
Boxing sessions and other activities
8,521
Developing young peoples skills, capacities and
capabilities to enable them to participate in society
as independent, mature and responsible individuals
362,503
**Total**
371,024
**NET INCOME**
20,525
**RECONCILIATION OF FUNDS**
Total funds brought forward
7,889
**TOTAL FUNDS CARRIED FORWARD**
28,414|Restricted
fund
£
-
-
-
-
-
-
-
-
-
-
-|31.1.23
Total
funds
£
215,838
-
168,071
7,640
391,549
8,521
362,503
371,024
20,525
7,889
28,414|31.1.22
Total
funds
£
146,317
31,220
87,390
-
264,927
189,327
-
189,327
75,600
(67,711)
7,889|
|---|---|---|---|
The notes form part of these financial statements
Page 5
**Best - Be A Better You**
|**Balance Sheet**
**31 January 2023**
Unrestricted
fund
Notes
£
**FIXED ASSETS**
Intangible assets
6
40,500
Tangible assets
7
35,884
76,384
**CURRENT ASSETS**
Debtors
8
29,271
Cash at bank and in hand
4,656
33,927
**CREDITORS**
Amounts falling due within one year
9
(56,336)
**NET CURRENT ASSETS**
(22,409)
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
53,975
**CREDITORS**
Amounts falling due after more than one year
10
(25,561)
**NET ASSETS**
28,414
**FUNDS**
12
Unrestricted funds
**TOTAL FUNDS**|Restricted
fund
£
-
-
-
-
-
-
-
-
-
-
-|31.1.23
Total
funds
£
40,500
35,884
76,384
29,271
4,656
33,927
(56,336)
(22,409)
53,975
(25,561)
28,414
28,414
28,414|31.1.22
Total
funds
£
-
36,818
36,818
23,992
389
24,381
(25,391)
(1,010)
35,808
(27,919)
7,889
7,889
7,889|
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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.
The notes form part of these financial statements
Page 6
continued...
**Best - Be A Better You**
## **Balance Sheet - continued**
## **31 January 2023**
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 31 January 2024 and were signed on its behalf by:
D Bryden - Trustee
The notes form part of these financial statements
Page 7
**Best - Be A Better You**
## **Notes to the Financial Statements**
## **for the Year Ended 31 January 2023**
## **1. 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.
## **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.
## **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.
## **Computer software**
Amortisation is provided over 4 years in order to write off the computer software asset over its estimated useful life.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost Motor vehicles - 20% on cost Computer equipment - 25% on cost
## **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.
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.
continued...
Page 8
**Best - Be A Better You**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 January 2023**
## **2. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
||31.1.23|31.1.22|
|---|---|---|
||£|£|
|Depreciation - owned assets|14,275|12,425|
|Other operating leases|47,861|10,350|
|Computer software amortisation|13,500|-|
## **3. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 January 2023 nor for the year ended 31 January 2022.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 January 2023 nor for the year ended 31 January 2022.
## **4. STAFF COSTS**
The average monthly number of employees during the year was as follows:
||31.1.23|31.1.22|
|---|---|---|
|Mentors|2|2|
|Operation manager|1|1|
||3|3|
No employees received emoluments in excess of £60,000.
## **5.**
## **COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|Unrestricted
fund
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
135,925
**Charitable activities**
Grants
31,220
Boxing sessions and other activities
87,390
**Total**
254,535
**EXPENDITURE ON**
**Charitable activities**
Boxing sessions and other activities
178,935
**NET INCOME**
75,600|Restricted
fund
£
10,392
-
-
10,392
10,392
-|Total
funds
£
146,317
31,220
87,390|
|---|---|---|
|||264,927|
|||189,327|
|||75,600|
continued...
Page 9
**Best - Be A Better You**
## **Notes to the Financial Statements - continued for the Year Ended 31 January 2023**
|**5.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL**|**ACTIVITIES -**|**continued**||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||fund|fund|funds|
||||£|£|£|
||**RECONCILIATION OF FUNDS**|||||
||Total funds brought forward||(67,711)|-|(67,711)|
||**TOTAL FUNDS CARRIED FORWARD**||7,889|-|7,889|
|**6.**|**INTANGIBLE FIXED ASSETS**|||||
||||||Computer|
||||||software|
||||||£|
||**COST**|||||
||Additions||||54,000|
||**AMORTISATION**|||||
||Charge for year||||13,500|
||**NET BOOK VALUE**|||||
||At 31 January 2023||||40,500|
||At 31 January 2022||||-|
|**7.**|**TANGIBLE FIXED ASSETS**|||||
|||Plant and|Motor|Computer||
|||machinery|vehicles|equipment|Totals|
|||£|£|£|£|
||**COST**|||||
||At 1 February 2022|24,139|7,200|19,800|51,139|
||Additions|1,041|-|12,300|13,341|
||At 31 January 2023|25,180|7,200|32,100|64,480|
||**DEPRECIATION**|||||
||At 1 February 2022|6,416|2,955|4,950|14,321|
||Charge for year|6,187|1,800|6,288|14,275|
||At 31 January 2023|12,603|4,755|11,238|28,596|
||**NET BOOK VALUE**|||||
||At 31 January 2023|12,577|2,445|20,862|35,884|
||At 31 January 2022|17,723|4,245|14,850|36,818|
continued...
Page 10
**Best - Be A Better You**
## **Notes to the Financial Statements - continued for the Year Ended 31 January 2023**
|**8.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|---|---|---|---|
|||31.1.23|31.1.22|
|||£|£|
||Trade debtors|19,003|19,910|
||VAT|9,880|3,022|
||Prepayments and accrued income|388|1,060|
|||29,271|23,992|
|**9.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|||31.1.23|31.1.22|
|||£|£|
||Bank loans and overdrafts (see note 11)|6,530|7,081|
||Trade creditors|26,207|17,150|
||Social security and other taxes|20,074|-|
||Accrued expenses|3,525|1,160|
|||56,336|25,391|
|**10.**|**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**|||
|||31.1.23|31.1.22|
|||£|£|
||Bank loans (see note 11)|25,561|27,919|
|**11.**|**LOANS**|||
||An analysis of the maturity of loans is given below:|||
|||31.1.23|31.1.22|
|||£|£|
||Amounts falling due within one year on demand:|||
||Bank loans|6,530|7,081|
||Amounts falling between one and two years:|||
||Bank loans - 1-2 years|6,830|7,260|
||Amounts falling due between two and five years:|||
||Bank loans - 2-5 years|18,731|20,659|
continued...
Page 11
**Best - Be A Better You**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 January 2023**
## **12. MOVEMENT IN FUNDS**
|At 1.2.22
£
**Unrestricted funds**
General fund
7,889
**TOTAL FUNDS**
7,889
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
391,549
**TOTAL FUNDS**
391,549
**Comparatives for movement in funds**
At 1.2.21
£
**Unrestricted funds**
General fund
(67,711)
**TOTAL FUNDS**
(67,711)
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
254,535
**Restricted funds**
Holiday Program
10,392
**TOTAL FUNDS**
264,927|Net
movement
At
in funds
31.1.23
£
£
20,525
28,414
20,525
28,414
Resources
Movement
expended
in funds
£
£
(371,024)
20,525
(371,024)
20,525
Net
movement
At
in funds
31.1.22
£
£
75,600
7,889
75,600
7,889
Resources
Movement
expended
in funds
£
£
(178,935)
75,600
(10,392)
-
(189,327)
75,600|Net
movement
At
in funds
31.1.23
£
£
20,525
28,414
20,525
28,414
Resources
Movement
expended
in funds
£
£
(371,024)
20,525
(371,024)
20,525
Net
movement
At
in funds
31.1.22
£
£
75,600
7,889
75,600
7,889
Resources
Movement
expended
in funds
£
£
(178,935)
75,600
(10,392)
-
(189,327)
75,600|
|---|---|---|
|||75,600|
continued...
Page 12
**Best - Be A Better You**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 January 2023**
## **12. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|||Net||
|---|---|---|---|
|||movement|At|
||At 1.2.21|in funds|31.1.23|
||£|£|£|
|**Unrestricted funds**||||
|General fund|(67,711)|96,125|28,414|
|**TOTAL FUNDS**|(67,711)|96,125|28,414|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Holiday Program
**TOTAL FUNDS**|Incoming
resources
£
646,084
10,392
656,476|Resources
Movement
expended
in funds
£
£
(549,959)
96,125
(10,392)
-
(560,351)
96,125|Resources
Movement
expended
in funds
£
£
(549,959)
96,125
(10,392)
-
(560,351)
96,125|
|---|---|---|---|
||||96,125|
## **13. RELATED PARTY DISCLOSURES**
Companies controlled by D Bryden donated £207,531 to the charity during the year.
Page 13
**Best - Be A Better You**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Grants
**Charitable activities**
Grants
Boxing Sessions
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Wages
Social security
Other operating leases
Insurance
Light and heat
Postage and stationery
Advertising
Sundries
Computers, phones and security
Motor expenses
Computer software amortisation
Plant & machinery depreciation
Motor vehicles depreciation
Computer depreciation
Bank loan interest
**Support costs**
**Governance costs**
Accountancy and legal fees
Total resources expended
**Net income**|**Detailed Statement of Financial Activities**
**for the Year Ended 31 January 2023**
31.1.23
31.1.22
£
£
215,838
115,845
-
30,472
215,838
146,317
7,640
31,220
168,071
87,390
175,711
118,610
391,549
264,927
88,635
75,190
4,077
3,200
47,861
10,350
8,171
3,083
1,619
8,362
116
1,423
67,968
45,900
49,206
9,714
66,434
12,440
4,700
2,247
13,500
-
6,187
6,035
1,800
1,440
6,288
4,950
353
-
366,915
184,334
4,109
4,993
371,024
189,327
20,525
75,600|**Detailed Statement of Financial Activities**
**for the Year Ended 31 January 2023**
31.1.23
31.1.22
£
£
215,838
115,845
-
30,472
215,838
146,317
7,640
31,220
168,071
87,390
175,711
118,610
391,549
264,927
88,635
75,190
4,077
3,200
47,861
10,350
8,171
3,083
1,619
8,362
116
1,423
67,968
45,900
49,206
9,714
66,434
12,440
4,700
2,247
13,500
-
6,187
6,035
1,800
1,440
6,288
4,950
353
-
366,915
184,334
4,109
4,993
371,024
189,327
20,525
75,600|
|---|---|---|
||||
|||146,317
31,220
87,390|
|||118,610|
|||264,927
75,190
3,200
10,350
3,083
8,362
1,423
45,900
9,714
12,440
2,247
-
6,035
1,440
4,950
-|
|||184,334
4,993|
|||189,327|
|||75,600|
This page does not form part of the statutory financial statements
Page 14