Charity number.. 1194802 Shackles Off Youth & Communlty Project Charitable Incorporated Organlsatlon (CIO) Trustees, report and financial statements for the year ended 31 March 2024 robinson+co Chartered Accountants
Shackles Off Youth & Community Project Content5 Pa Trustees report Legal and administratlve Information Independent examiners, report ststement of finaficial actlvltles Balance sheet Notes to the financlal statements 8-15
Shackles Off Youth & Community Project Report of the trustees for the year ended 31 March 2024 The trustees present their report and the financjal statements for the year ended 31 March 2024. The trustees who served durin8 the year and up to the date of this report are Set out on page 4. Structurej governance and management Formotion Shackles Off Youth & Community Project (the CS01 was formed In June 2021 and registered with the Charity Commlsslon under number 1194802 on 15 June 2021. Recruitment and uppointment of trustees Seascale Methodist Church can nominate four trustees onto the Board which maintains the charities links with its beÉinnings. Additional trustees are recruited as and when required. The trustees meet bi-monthly to oversee the management of the CIO. The Executive OffIr is Mandy Taylor Risk monogement The trustees have assessed the major strategic. business and operations risks to which the or8anisation 15 exposed. They are satisfied that systems a in place to mitigate the exposure to these risks. ObSectSves and activities Obje¢t5 The following objects of the CIO are for the public benefit in Curnberland and carried out in an indu55ve environment with a Christian ethos.. 11 To act as a resource for young people by providing athice and assistance and organlslng programmes of a physical, educational and other activities as a means of.. lal Advancin8 in life and helping young people by developinB their skills. capacities and capabilities to enable them to participate in Society as independent. mature and responsible indidual5. Ibl Advancin8 education- Icl Relieving unernployment- Idl Providing recreational and leisure time achwity in the interests of social welfare for people living in the area of benefit who have need by reason of their youth. age, infinnity or disability. poverty or social and economic clrcumstances with a vlew to imprwn8 the condttions of life of such person5- 21 To relieve people who are In need by reason of thelr age. ill-health, disability, financial hardship or social circumstances in such ways as the trustees shall think fit. Achievements and performance 2023-2024 was the 16th year of opèrations in Seascale and the 3rd year of operations in Millorn. This year we have had a focus on being *outh led,, encouraging young people to speak out. have their say and empowèring them to make decisions around the design and delivery of their session5. Sotial attion sesslons inspired yourtg people to create project they named hot choccy and chat. The aim of this new session is to dlscuss csjrrent events and teach young people how to express their thoughts and opinions in a safe, non-judgmental space. Young people have the opportunity to take part in healthy debates around sensitive or controver5i31 topics and have the confidence to ¢hallenge opposing views. This approach enables them to fed empowered and able to make inforrned decislons that impact their lives as they transition into early adulthood. Pate I
Shackles Off Youth & Community Project Report of the trustee5 for the year ended 31 March 2024 Overall. we have worked with 465 young people this year, highlighting the growin8 need for youth #ervices in Tural communities. This year we started to record the numbers of young people that are SEND (special educational needs disabilitiesl which currently stand at 32. The reason we added the SEND column to our monitorinÈ system, was to ensure adequate support was Sn place for youn8 people with additional needs and the se55ions were staffed appropriately. We feel that by taking this into account. it helps us with our aim to be inclusive to all young people. Shackle5 Off deliver 10 youth club ses5ion5 over 5 days every week. During these sessions the young people take part in fun activitles. games and craft5 while also developing life ski115 such as cooking. We also deliver informal education through workshops around issues such as mental health, anger management and sexual health. We have had residentials. day trips and School holiday provision as part of our programme over the last 12 months We are now In the second year of deliverin8 our bespoke 6-week NEET (Not in education employment or training) Preventlon programme in Millom School. The programme is de5i8ned to meet the unique needs of young people in Millom and is aimed at those who are vulnerable, engaging in risk-taking behaviour or are at risk of exclu5È0n and becoming NEET. Alongside this work we also run I:1 sessions with young people to support theii individual needs and wellbeing. We reIved p051tive feedback from teacher5 at Millom schod about the work we delivered last year. Because of this we were asked to return this year to deliver this programme again. PTojert l of the New build Scheme is now complete. after protracted delay5. The maln Issue was waiting for BT Openreach to install a telegraph pole and re-51te telephone wires. in order that the demolition of the old piefab could take place. Thi5 took 8 monthsl and was exiremety fru5tratin8. Financial review The surplus for the year amounted to £147.72312023 £66.4591. At 31 March 2024 the CIO had restritted funds of £166.12612023 . £75,517) and unrestricted funds of £95.07112023 . £37,957). Reserves policy The policy of the organisation on formation was to have 3 months of operating costs in seNe$. A5 the Ofganisation has grown the aim now is to hold 6 months in reseThes. Plans for future periods We secured the final bits of funding and are extremety grateful io GDF-Mid Copeland Community Partnership. who have been the main funder for the project. We would also like to thank Copeland Community fund for funding the remaining £150K of the £640K Projert. The sfte is now ready for the foundations and build, which was scheduled to stsrt in May/June 2024. However. due to delays this has now moved to 8 start date of March 2025. Page 2
Shackles Off Youth & Community Projert Report of the trustees for the year ended 31 March 2024 Statement of trustees, responsibilities The trustees are responsible for preparin8 thè Trustees. Annual Report and the finanual statements In accordance with applicable law and United Kingdom A¢counting Standard5 (United Kingdom Generally Accepted Accounting PTacticel. Law applicable to charities in England and Wales requires the trustees to prepare financjal statements for each financial year which Btve a true and fair view of tharity and of the incoming resources and application of resources of the charity for that year. lrt preparing these financial Statements the trustees are required to: select suitable accounting polioes and then appfy them consistently- obseNe the methods and principles in the Charities SORP: makejudgements and estimates that are reasonable and prudent: state whether applicable UK Accounting Standards have been followed. subject to any material departures disc105ed and explained in the finanaal staternents: and prepare the financial statements on the Boing COnM basis unless It is inappropriatè to presume that the charitv wlll continue in operation. The trustees are responsible for keeping proper accounting records which disclose with reasonable atturacy at any time the financial position of the charity and enable them to ensure that the financial Statements comply with the Charitie5 Art 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable step5 for the prevention and detection of fraud and other irregularities. On behalf of the board ALee TTUStee 23 January 2025 Page 3
Shackles Off Youth & Community Projert Legal and admlnistratlve Informatlon Charlty number 1194802 Buslness address The Old Vicarage The Banks Seascale CA20 IQT Trustees K L Saunders Resigned 31 August 2024 A J Hanshaw S J Falkner J A Hardy ALee W Kifv40rth-Mason C P Tumer D l Dawes Appointed 09 November 2023 Appointed 09 November 2023 Appointed 24 February 2024 Resigned 15 August 2023 Resigned 27 June 2024 Accountants robinson+co The Old Forge Beck Place Gosforth CA20 IAT
Shackles Off Youth & Community Project Independent examiner's report to the trustees on the unaudited financial statements of Shatkles Off Youth & Community Project. I report on the accounts of Shackles Off Youth & Community Project for the year ended 31 March 2024 set out on pa6es I to 15. Respective respon5ibilitie5 of trustees and Independent examiner As the charity's trustees you are responsible for the preparation of the accounts. The trustees conslder that the audlt requirement of section 144 of the Charities Act 2011 (the Charities Actl does not appty and that an independent examination Is needed. It Is my responsibility to exafflÉnè the accounts under section 145 of the Charities Act, to follow the procedures laid down in the General Directions given by the Charity Commission under section 14515llbl ol the Charitie5 Act, and to state whether particular matters have come to my attention. Basls of Independent ex3minees ststement My examination was carrled out in accordance with the General Dlrections given by the Charity Commission. An examination include5 a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also indudes consideration of any unusual items or disdosures in the accounts, and seeking explanation5 from you as trustees conceming any such matter5. The procedures undertaken do not provlde all the evidence that would rèquired in an audit, and consequently I do not express an audit opinion on the view given by the accounts. Independent examlne¢s statement In connection with my examination, no matter ha5 come to my attention.. lil which give5 me reasonable Cause io believe that in any material respect the requirements: to keep proper accounting records in accordan with section 41 of the Act; and to prepare accounts which accord with the actounting records and to tomply with the accounting iequirements of the Art have not been met- or lill to which. in my opinion, attention should be drawn in order to enable a proper understandin8 of the accounts to be reached. Mr Peter Ellwood FCA Independent examiner robin50n+co Chaftered Accountants The Old Forge, Beck Place Gosforth CA20 IAT 23 January 2025 Page 5
Shackles Off Youth & Communlty Project Statement of financlal artlvlties For the year ended 31 March 2024 Unrestrkted Restrlrted lunds funds 2024 Total 2023 Total Notes Income Donations and legades Other income Transfer between funds 14,843 575 63.441 311.776 326,619 575 63,441 234.541 1,814 Totsl income 78,859 311.776 390,635 236,355 Expendlture Charitable activities Transfer between fvnds 21,745 157,726 63,441 179,471 63,441 169,896 Total expenditure 21,745 221.167 242,912 169,896 Net income for the year 57,114 147,723 66.459 Total funds brought forward 37,957 75.517 113,474 47,014 Total funds carrled forward 95.071 166,126 261.197 113,473 The statement of financlal activities indudes all gasns and losses in the year and therefore a separate statement of total reco8nised 8ain5 and losses has not been prepared. All of the above amounts relate to continuing actiwtie5. The notes on page5 8 to IS fomi an Integral part ofthw finandal statemèn
Shackles Off Youth & Communlty Projert Balance sheet as at 31 March 2024 2024 2023 14otes Flxed assets Tangible assets Current assets Debtor5 Cash at bank and in hand 85.717 22,276 9,Crf)O 84,528 176,137 180,085 93,528 Credttors: amounts falllng due within one year 14.6051 12,3301 Net current assets 175,480 91,198 Net assets 261.197 113,474 Funds Restricted income funds Unrestricted income funds li 166,126 95.071 75,517 37,957 Total funds 261.197 113,474 The flnanaal statements were approved by the tntstees on 23 January 2025 and signed on its behalf by ALee Trustee The notes on pates 8 to IS forn7 an Inte8ral part ofthese flnancial statèments. Pa8e 7
Shackles Off Youth & Community Projert Note5 to financial statements for the year ended 31 March 2024 Accounthng policies The principal accounting policies are summarlsed below. The accountlng policies have been applied consistently throughout the yèar and the precedin8 year. 1.1. Basls of accounting The financial statements are prepared under the historical cost convention and In accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities. preparin8 their accounts in ccordan¢e with the Finandal Reporting Standard applicable in the UK and RepLtblic of Ireland IFRS 1021 and the Charities Att 2011. The Charity constitutes a public benefit entity a5 dèfined by FRS 102. The financial statements are prepared in UK Steding which 15 the functional currency of the entlty. 1.2. Cashflow The charity has taken a(fvantage of the exemptlon In FRSI from the requlrement to producè a cashflow statement because It is a small charity. 1.3. Income All income is included in the statement of financial activitie5 when the charity is entitled to the Income and the amount can be quantified with reasonable acturacy. The following Specific policies are applied to particular categorie5 of income= Voluntary Income is received by way of grants, donations and Blfts and is included in hJll in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charity. are recognised when the charity becomes unconditionally entltled to the 8rant. Donated services and facilities are intluded at the value to the charity where thL5 can be quantified. The value tsf services p¥ovided by volunteers has not been induded. Gifts donated for resale are included as incoming resour5 wtthln activitie5 for Reneratlng funds when they are sold. Grants, including grants for the purchase of fixed assets. are recognised In full in the statement of finandal activities in the year in whi¢h they are receiwable. 1.4. Expenditure Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure Include5 any VAT which cannot be fully recovered, and is reported as part of the expenditu to which it relates. Charitable expenditure Comprises those costs incurreil by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to suth activities and those costs of an indirect nature necessary to 5UPPOrt them. Support costs are those costs in¢urred directly in support of expenditure on the objects of the charity and include project management. Page 8
Shackles Off Youth & Communlty Project Notes to flnanclal statements for the year ended 31 March 2024 Tanglble fixed assets and depreciation Tangible fixed asset5 are stated at cost less accumulated depreuation. Depreciation is provided at rates calculated to write off the cost les5 residual value of each asset over its expecte(l useful life. a5 follows- Leasehold properties Straight line over 50 years once completed 1.6. Defined contrfbutlon penslon schemes The penslon costs Chaed in the financial statements Present the contribution payable by the charlty during the year. Donation5 and legacies Unrestrlcted Restrlrted funds funds 2024 Total 2023 Total Donations l in l(Xl club Fundraising Francis C Scott Cumbrla Community Foundation Copeland Community Fund Sellafield Ltd - NDA Project Souih Whitehaven Youth Project Tudor Trust Hadfield Grantscape- Walney CornmunSty Fund Carlisle Diocese Cumbria Alcohol Partnership GDF-RWM INew build) Weste¥n Fells Methodist CirDJit Cumbria County Coufitil- HAF Cumbria County Council Phoenix Youth Project Cumberland Council Northern Rail GDF- RWM South Copeland CIF 3.234 1,353 2,333 16,tXK) 16,682 50,173 23.155 2,665 3,124 1,907 IS,1 1,353 2.333 16,CKI) 16,682 46.198 23.155 3.975 50.174 23.155 576 20,000 20.1 20.OC(J 3.948 3.948 672 83.331 2,500 1.278 6.611 2.6(Kl 150,CW 150,000 11.592 11,592 8,800 354 9,995 8,81)0 354 9,995 14,843 311,776 326.619 234,541 e9
Shackles Off Youth & Community Project Notes to ftnanclal statements for the year ended 31 March 2024 Other Incorne Unrestrlcted funds Z024 Total I023 Total Other income Income from tuckshop 600 1.214 575 575 57S 63.441 575 63,441 1,814 Fund iransfer 64,016 64,016 1,814 Costs of charltable activities- by fvnd type Unrestric*d Restritted nd5 funds 2024 Total 2023 Total Youth and community work Millom- staffin8 and other re5tfirted costs Fund transfer 21.424 321 72,764 84.962 63,441 94.189 85.282 63.441 96,303 73,593 21.745 221.167 242.912 169,896 Costs of charitable activities- by actlvlty undertaken dlrertly 2024 Total 2023 Total Youth and community work Millorn - staffin8 and other restricted costs Exceptional costs of charitable activities 94,189 85,282 63,441 94.189 85,282 63,441 96,303 73,593 242.912 242,912 169.896 Page 10
Shackles Off Youth & Community Project Notes to financlal statements for the year ended 31 March 2024 Employees Employment costs 2024 2023 Wages and salaries Social security ¢OSts Pension costs Staff training and travel costs 114,292 1.794 1.794 2.638 114,720 2,436 1,825 1,535 120,518 120.516 No employeè recebveil emoluments of more than £60.Cm12023: None). Number irf elnployees The average monthly numbers of employee5 lincluding the tmsteesl during the year was as follows.. 2024 Number 2023 Number Penslon costs The company operates a defined contribution pension scheme in respect of the its employees. The scheme and Its assets are held by independent managers. The pension th3rBe represents contributlons due from the company and was as follows.. 2024 2023 Pension charge 1,794 1,825 Long leasehold Tanzible fixed assets property Total Cost At l April 2023 Additions 22,276 63.441 22,276 63,441 At 31 March 2024 85.717 85.717 Net l>ook value5 At 31 March 2024 85,717 85,717 At 31 March 2023 22.276 22,276 PaBe 11
Shackles Off Youth & Community Project Notes to financlal statements for the year ended 31 March 2024 Debtors 2024 2023 Prepayments and accrued income 3,948 io. Creditor5: amounts falllng due wlthin one year 2024 2023 Other creditors Accruals and deferred income 1,431 3.174 788 1.542 4,605 2,330 11. Analysls of net assets between funds Unrestrlcted funds Restrlcted funds Total funds Fund balan$ at 31 March 2024 as represented by- Tangible fixed assets Current assets Current liabilities 85,717 80.409 85,717 180.085 14,6051 99,676 14.6051 95.071 166.126 261,197 Analysls of net assets between fvnds Unrestrirted Restrlcted Total Fund balances at 31 Mar¢h 2023 as represented by.. Tangible fixed assets Current assets Current liabilities 63,558 11.959 63.55B 52,246 12,3301 40,287 12,3301 37.957 75.517 113,474 Page 12
Shackles Off Youth & Community Projert Notes to flnancial statements forthe year ended 31 March 2024 12. Unrestricted funds At Infomlng Outgoint At l April 2023 re50ur¢es resource531 March 2024 Unrestricted Funds 37,957 78.8S9 121.7451 95,071 Unrestrirted funds- Previous perlod At Incomlni OutBolng At l Aprfl 2022 resources resources31 Marth 2023 Unrestricted Funds 18,899 21,285 12.2271 37,957 Page 13
Shackles Off Youth & Community Project Notes to flnancial statements for the year ended 31 March 2024 13. Restricted fvnds At 01 April 2023 Incomlng Outgolng At resources resource531 March 2024 5eascale staffing Mlllom staffing Yovth work l other restrirted funds Christian work Benevolent fund New build project Millorn Restritted 57,109 70,461 14,637 156,9461 169,1191 115.6011 12161 4.279 7.014 5,621 6,050 392 53 150,117 3.725 53 63.558 1S0,(rfXI 19,569 163,4411 115,8441 75,517 311.776 1221,1671 166,126 Restricted funds- previous period Incoml 01 April 2022 resour$ Ouwolng At reywrtes31 Marth 2023 Seascale staffing Millom staffing Youth wo¥k l other re5trirted funds Christian work Benevolent fund New build projert 1.070 18,741 7.589 656 59 56,977 59,131 15,631 158,0421 173,5931 116.2061 1481 161 119,7731 4,279 7,014 608 53 63,558 83.331 28.1 215.070 1167,6681 75,517 Purposes of re5trlcted fvnds Durin8 the year the charity received funding of £57.IIY3 from various sOUs toward the cosi of staffin8 at the Seascale 51tè, costs of £56,946 were incurred. the balan of £168 was carried forward IAmount brought forward from the year ended 31 March 2023 was £51. The charity received funding of £70.461 from variou5 Sour toward the cost of staffing at the Millom 51te. C05t5 of £69.119 were incurred, the balan of £5.621 was carried forward IAmount brought forward from ihe vear ended 31 March 2023 was £4.279} The charity received funding of £14.637 from various sources toward the cost of youth worker5 and other expenses. costs of £15,601 were incurred. the balance of £6.050 was Caled fOard IAmount brought forward from the year ended 31 Mard) 2023 was £7,014) The charity has incurred costs of £216 relating to Christian worl the balance of £392 was carried forward (Amount brought forward from the year ended 31 March 2023 was £6081 No cost5 were incurred with regard to the Benevolent fund. The amount carried forward was £53. Page 14
Shackles Off Youth & Community Prolect Notes to financial statements for the year ended 31 March 2024 The charity received a grant of £150.(*)) from GDF-RWM for the building of the new base. costs of £63,441 were incurred. 59 the balan carrled forward is £150.117. The charity recieved funding of £19.569 for Wdrious sources toward the day to day runnlng of the Millom branch, cost5 were incurred of £15.844, the balance of £3.725 was carried forward. Page 15