Charity registrdlon number 1198661 {England and Wal8$1 C¢)mpany registration number CE028811 BERWICK JUNIORS YOUTH DEVELOPMENT TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024
BERWICK JUNIORS YOUTH DEVELOPMENT TRUST LEGALAND ADMINISTRATIVE INFORMATION Trustses Mrs R. Ingram reaSUrI Mrs D. Johnson {Child lIe Offw) Mr J. McLeod Chairman) Mr 8. Rob1 Chaimwl (Appomled 18 June 20231 (Appointed 18 June 2023 and resigned 8 Janlsary 2025 Ex•cutSv• Commltt•• Mr S. Inwn IChaThanl Mr D. Heston {Appointed 12 Ociobei 20231 Mr M. Johnson {AppoinlgJ 18 June 20231 Mrs K. Wamon {Appoinl&a 18 Junè 20231 Mrs M.J. All (Child 119 Offw) IAppoinl&1 16 Junè 2024 Mf R. Punton {AppoinlwJ 18 JU 2023 Mf K. Ainshe IApwnle4J 18 Jung 21r231 Plr M. Ajlan Iseuetary) IApwnled 16 June 20241 Mr S. Siwyson (Apptynted 16 Jun8 20241 MiuA. thxon IAppoinl•J 18 Juno 20241 Mr C. Todd IApwnt8d 16 June 2024 Mf S. Han1 IApwnlwJ 16 JU 20241 Mr3 L. Mclennan (Appoint•d 16 Jun& 2024} Secretsry Mr M. Ajlan Charfty number 1198861 Comp•ny numbor CE028811 Prbn¢lpal •ddrH• 45 Chwc Ro•d TweedrTr)uth BeNc Up( Twoed TD15 2AN Ind•pond•nt•xamln•r Coln Frame CA 17 Wdlkergate B8NL*.up0T¥IWd Northurnterland TD15 1DJ
BERWICK JUNIORS YOUTH DEVELOPMENT TRUST CONTENTS Pa TnJstees report Independent examinerfs report Stalemenl ol finandal actlvltles B8lan¢e sheet Notès lo the finonciol Stal8ntS 8-18
BERWICK JUNIORS YOUTH DEVELOPMENT TRUST TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MAY2024 The Tnjslees and ExeoJti¥e Conmrttee preserrt their report for the year eTrJed 31 May 2024. The ffinanaal statements have been prepared in accordan wilh Ihe ar£(ntIng '(leS set J1 in note 1 to the fin8n¢o1 stslements and fX)mply wth the Trust'$ Goveming txument, the Companies Act 2[ and 'Accounting and Reporting by Charilies." Stst&nwnt of Recommended PraCte appIable to tharrties prepariThJ their accounts in a¢¢tsrdarKg Wrth Financia ReFQrting Standard aPpIat4e in the UK and Republic ol Ireland IFRS 1021. leffethve 1 January 20191. objectiv and activiti 8erwic JUnr8 Ycrtjth Lvelopment Trust I Trust) o'eds are to advan in life and relieve needs of young pe¢)ple in the town of Berwk-uPOThTrred an¢Y the neighbour1d thfixigh" a. the provision ol rttyealvxal aThl lsure tiffle acti¥iti•s prowd&J in the Nrterest of sorAal weff8re. desvJned to improve Iheir condilirms of I& in partioJlar but nol exdusivety thrwgh Ihe trainiTrJ and skills in Asscoalion Football., and b. providing support and atieS whth d850p th8ir sklb. t2paeS KI cAabilits lo them lo pthdpato in sotsely as malure respongblg indNJuals. The Executive Commrttee have paSd du8 rewd to guid is8u•d by the Chaiity Commi58ion in thiding 81 8ctNrtie$ ihe Trust shwld undertake. Achl•v•m•nts nd p•rlom•n¢• Season 2023 12024 started well, we had t3 teams ¢ntering th8 Northumberfand Fts)tball Letyues. Tho U7 and U8 x 2 enlere<l the c4nlralty based league at Lcryhwghtcffl wilh game5 lakn'r¥J pl8ce on a Saturday moming. All otr teams played home aThJ way U10 x 2. V11 x 2. U12. U13. U14. U15 and U16 on a Sunday ex¢¥pl for th¥ U9 r8 whose games were also al 8 (8ntra venue, Bullc4steads, New¢xsUè. Come the mlddle of October, our main issue was the w8alher. it seem&J to fai) from t until Marth with most games due lo be played on grass .1¢h&S bwro call8t1 off. The kKal cLnlS closed [$1 pitces during this lime due to the water Icuged prtch conditions. Fortunately. we had the use of the astro surface for games al the sports cfjntr8 and during some weeks we managed lo ac(x)mmodalg up lo 4 games at the weekend, wsth N8wcastle based teams willing lo Iravel iusl so they Uld W a game. pe the weather for Ihts )rning season. DuriThJ season all the girfs and t<¢ys c£Jmpeted 7A1 tr I{[ loams and it is gcod to see the player6 d0P1n9 during thg season and bonding wrth lIr team males. Our U9 reached ihe final. where tY were from the off tmrt were narruAy defeated ifi extra lim&. A great experien for the tws lo get to the ffftal 8ntJ one tlw wonl knget. All ol our teams had a le coathing Sess with Gokl and Gray xademy (fvriThJ the wson. and hOfullY 811 players and cheS benefitted frcffi these sess•Ms. Our end ol season presentation was held Blath and Gc4d. Al aeS gave i review of Ihew season and It Was gre81 to have all the leams and families mixing. the weather was ouc sde and we had activits and food outshle ind a great day was had by al. Presenting the troplNes we had Matheos FeNia. P¥)u$lY a junior and who has just signed 3 profesSwl ntrtt with Newcastle United. Sean Simps(M I10 psented the Sean Simpson trainer ol the year and we intr¢xluced a trophy this s8ascffl. the Sandy Grieve most improved player Isandy was one of the foUrer5 and greal supporter of the Juniors who sadly passed away). also had dub legend$ doing the photos. 29 Apnl 2024 saw us wèl(>)me tsjr friends Irom Zeewdds ttE first bme 2019 (due to COVIDI. A huge thanks lo all our SpSorS and guest families made this possitjè. had a fun paced week of adNities. induding swimming, assault course. Newcastle Unrted stadium Iwr and 3 nghts of metitiVe football games. Well done to our U14 and U16 t•thowon the gaffles, ryth the fDrtirvJ the U12 arvj C¢)mmittee Cups.
BERWICK JUNIORS YOUTH DEVELOPMENT TRUST TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MA Y 2024 Rangers Juniors fxxjld not L¥Mtinue to run Will the conliNed SUFPOrt from cAJr players. famil. Jathes, helpers, sponsors and Ihe hxal communty akJTrJ wrth (xjr hard wx¥kn"ng Twslees and ExecutNe Cornmittee. The lime. effort and support lo our dub by our volunteers ts greally aFfJreciated. To See the children deveknng, aYIng with a 5rne on their fa. the fn"erKlships Itv make and Ihe fun they have, Wfully means they enjoy being part of our dub and takeaway many happy mEmries. Financial review A deficTt of £1.58512023.' £22.591 surplus) for the year re(xJrded on the Un$tred Funds. DesM3nated Funds rethed a jluS of £4,016 during the year. folkywing their introduction, with the Re5tricied Funds re(x>rding a defiol of £5.27512023." £9.131 surplus) forts year. Cash al bank. as at 31 May 2024 stwd al £13,01312023: £17,688) in the General Accjnt, £7.61512023'. £8,894) in the L)evelc¥)mwl Atxunt, £1.672 12023: £5.240) in the Wland Ant and £4,O161223.' £Nifi in ts Girfs Team AcCjt. Rès•rves The Trustees and ExeoJtive CLNMmthee rec(tynise the need to o)n&¢Jer the kvel arwj nature of reserves in relation to the irKxJme aTh1 expendrture streams and firwKi C£rfnrrthnts. arn1 to esure U)at the level of reseNes hgld are apwc4)riate. Annud running costs are normalty in the region of £30.CO) Fer annum. Hcwever. runnirKJ o)sts this year were £62,96112023.' £29.4591. This is due in part lo the the 2023 x))unts were for a per#)d of 13 ftth$. vthereas the 2024 accounts represent a fvll finaal year. 2024 aLso saw us kjsted our firsl Zeewolde exchange Sin 2019 due to the COVIO-19 lockdown, Inojfring all asscciated costs and wjpsed with this, the pc)r weather and gfxxl ¢xJp rtjns leading lo garTS. fTMye prtd)e$. aNI altematNe hi being necesstsbJ. The Trustees and ExeortNe coMmee aim lo Nnprove the level of reserves in the future. Risk review The Trustees and ExeoJtNe Commitiee Otinu81 reweAf tl rnaior risks to whith the Trusl is exposed and lo ensu Ihal systems are in ple lo mtb.gate the rtsks Kjenb.fj. tlVe Ihe iisk 8ffeth.ng us is "child prOttKIn. arKI we can seek guhJarKe from Ouf k>cal Cly"kJ lfare Offir Gill ShEkls, 0 Works for our affiliated body the Northumberfand F¢)Jtball Assoaabon to ensure Ihat all the Chdren %tho attend our dub sessions and games are fvlly safeguarded. All our coathes are DBS ¢hefed and all a instructed to carry out simple risk assessrTnls Ixfore eath game l training se5wn to enswe that thJriThJ ther time wilh us, the chiklren are fiJlty proknt&J. an$ for futur• p•riod$ As a dub. we hope to acieve our obpth¥es by ensumg all our lacheS ¥e fttlty train•J to FA standards atMI that all DBS l Fir5tAKI training thecs are Ltp to date, in order that we can ietain cyjr charte Stsndard Slalus. pu1¢ bènèfit Through0 this report the Trustees and ExeoJtNe committ have sought to highlight those athi(ies undertaken by the Trust in fvrtheran of its ¢aritatAe ot4"edNes for Ihe benefrt. The Trust D)nknuaUy consklers its actIve8 and poli(ies wrth parb"ryJlar regard to the pubk benefft guhjance pUished by thè Charity Commiss)n urKb2r section 4 ofthe CharitsesAd 2011.
BERWICK JUNIORS YOUTH DEVELOPMENT TRUST TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED FOR THE YEAR ENDED 31 MAY2024 Structure. gowmanc• and manag¢ment The Trust is govemed by its Goveming D(nnI a1 is a charity. numbered 1198661, ac£epted by the Charty Commissmjn on 19 April, 2022. The Trustees armj ExeartNe Commrttee. who we also the directors for the PLWP)se of MpanY l•, and wh) 5erv&J during the year and up lo the date of svJnature of the financgal statemènts We." Tntees. Mrs R. Ingram (Treasurer) Mrs O. Johnson (Child lfare Orr) Mr J. McLecxY Chaimanl Mr B. Robson (Vi(> Chairman) ppointed 18 June 2023) (APInted 18 June 2023 aThJ re5vJned 8 January 20251 Executive Committee: Mr S. Ingram Ichairmanl Mr S. Jackson Mrs C. Gillie Mr D. Heston Mr R. Cude Mr D. Glenn Mr M. Johrtson Mrs K. Wawon Mrs M.J. Allan (Child Welkn Offw) Mr R. Punlon Mr K. 'n51V Mi M. McLeman Mf M. Alan Isettetary) Mi S. Simpson Miss A. Dixon Mr C. Todd Mc S. Hamblin Mrs L. McLennan (Res91 18 June 20231 (Res91 18 June 20231 (App)inted 12 October 20231 (Res91 16 June 20241 (ApkY)inied 18 June 2023 aThJ iesgied 16 June 20241 ppointed 18 June 2023) (Apinted 18 June 2023) (Appointed 16 June 2024) (App)inted 18 June 2023) (ApFointed 18 June 2023} (ApFointed 18 June 2023 aThJ resiwed 3 September 20231 (ApF(Jinted 16 thjne 2024) (Appjinted 16 ne 2024) (Appjinted 16 ne 2024) IApkKJinted 16 ne 2024) IAppoinied 16 ne 20241 IAprx)irrted 16 June 2024) M•mb8rshlp and management of the Trust Membership is OFen to indNwJuals over the of 18 aThJ Itser organisations. both incorporated unincxjrporated asswatK)ns. on Foyrnnl of an annu subKfi"k"on. Each member or member Nganisation is entitled to one vote. The Trust is managed by ts Tnjstees and EXece Comnttee. fJ)mpn"gng btheen seven aThJ fifteen members. induding a ¢haimian, a seuetary and a treasurer. appointed by the members. Up lo four addith)nal members rnay be ?pted by the EXute Committee. All members of the ExeoJtwe C¢Jnmittee a required to retire annually at IheAnnual General MediThJ. bLrt a djIble for r&eleclh)n. l Execulive Committee members are required to dre ttr dybilty to fijffil the le resp)nsl)ilities of the role. Indud1 training approw*e doMentan is offered to all ne4¥ members. l ExeoJtive Commrttee deOn$ are eterrned by a map?rity of vote5. Wrth any t¥sig vote exercised by the alrr$on. The members of th8 Twslees aThJ ExeJ)Jtive cnrnittee are ksted above and under Twst Information.
BERWICK JUNIORS YOUTH DEVELOPMENT TRUST TRUSTEES REPORT IINCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MA Y 2024 ststement of Truyteey responsilxlities The Execirtive Commrtt8e. who are also the drector5 of BwwiL nK)IS Yryjth De¥elwert Trust for the purpose of mpanY law. are respble for PTepariTrJ the Trustees Rert and the finarKyal statements in accordance with ap[Aicab law and Unr(ed ngth)m knunting SiaThJards (United lQng4om Generally Accepted Acy))unting Pract£). Company Law requires the Exethe Commrttee to ppare finantial ststements for eath finaniial year whith gNe a true and fair vw of the stste of affai of the Trust and of the incomiThJ resou[S and alCatIon of resources, induding the inccffle and expenditwe, of the tharitsble CoMpY for Ihat year. In pyeparing these finarKial sLitements. the Execulvie C{¥1l1ee are requr8d to.. . sdect suitae accowting ¢S and then appty them ¢MstenYy." - observe the methods and prin0S in the Charities SORP: - make judgements and estimates that are reascmable aThJ prudent: and - prepare the financial statemenis on (x)wm basis urkn it 15 iriapprcgiiate to presLme that the Trust will continue in operation. The Exeth"ve Committee are responstjle for keepin9 *quate ac£#xJntng lErdS that di8dose with reasonable ao%ra¢y al any time the finan(ial posthon of Trust aThJ enable them to ensure that the financAI statements C4)mply with the Companies AL# 21Th. ¥e a150 res51b for safeguarding the assels crf Trust and her for taking reasonable steps for the preventb)n detectHJn offraud and other irregularib"ès. The Trustees Rep)rt wa$ approved by Trustees WKI Board of EXeb¥e Cwmittoe. Mrs R. Ingram (Treasurerf) Director and Ttre 20 Marth 2025
BERWICK JUNIORS YOUTH DEVELOPMENT TRUST INDEPENDENT EXAMINER'S REPORT TO THE EXECUTIVE COMMITfEE OF BERWICK JUNIORS YOUTH DEVELOPMENT TRUST I report to the Trustees and Execthwe ColItee my examinat)n of the fina??1 statefflerts of BeM¢k Juniors Youth Developmonl Trusl1th8 Trusll for th8 year 8nd8d 31 IAay 2024. Responsibilities and basts of report As the Trustees and Executive Committee of Trusl {aThl aL80 its dIre£t for the purposes of company lawl. you are responsible for the preparalKJn of the financial ststemenls in aco)rd8nce vhth the reqU1mentS of the Cofflpani88Aci 21x6. Hawn9 satK8fied mys¢W Ihat the financial statements of the Tnjst are nol required to be audiled under Part 16 of the Compan$ Act 2cte and ar8 dtyJit4e for independent examinat)n, I report in respect of my examinats'on of the Trust's finanoal statements ¢arrd under secbon 145 01 thè Charrties Ad 2011. In carrj out my examination I have follcmed the Dlrtttions gNen by the Chwty Commtssthi urthr swaion 145(Sllbl of Ihe CharitiesAd 2011. Independent trxamlnerfs itt•m•nt I have completed my arnin8"rffi. I confirm that M matters have come to my tenti¢)n in (tyrbgction vnth the examinats'on giving me cause lo believe that in any material Tespecl.. acuunlinq recorfs ThJ¢ kepl in r08pod of the Tru8t as r•4(8d by 386 of th& Companles Acl Ihe financaal statefflents do ae¢AJrd wth those retrJrd$.' or the finandal stslemenls do ncl compty vith the amli1¥a requIrennts d ¥tion of th8 th[18$ Ad other than any requirgmenl that the financial statements give a true and faif view. which is nLX a matter nsidered as part of an ¥idependenl exInabon', or the financi81 st•lemonts have 1 begn prepar1 wilh the ffthod$ and principles of th StaterrEnt of Recommended Pr"ce lor ar•>)unting and repo.ng by carrties PbIe lo charill&s preparing their finanual stateftnls in aLwdanc with Its Financaal RewtiThJ Standard aptible in the UK and Republic ol IrdaTha IFRS 1021. I have no olhw wi(ms have com8 %ro88 no other mattws in InneI ¥th Ihe exarninatsc to which attentn shoubj be drawn in this report in order lo enat4e a proper underntsndiNJ of the fina1 statements to be reathed. Colln mo 17 lkerg#te Berwick-upon.Twd Northumberland TD15 1DJ 20 Marth 2025
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BERWICK JUNIORS YOUTH DEVELOPMENT TRUST BALANCE SHEET AS AT 31 MAY2024 2024 2023 Not•s Fixed assets Tangible asset$ Invèstmènts 11 12 2.517 3,517 3,605 Curr¥nt a$s¢ts Debtors Cash al bank and li hd 13 244 26,316 31,822 32,021 Cr8dltors: amounts falllng due Tthrythin one year 14 1.199 Net cxjrrenl assets 25,361 28,117 Totsl assets less ¢urrvnt Ilabllitles 28.878 31.722 The funds of the Trust Restrided ino)me funds Unrestricted fiJnts- general Design8ted fvrK1s 15 9,131 22,591 21.C 4.016 16 28,878 31.722 The Try1 is enbtkd to the exemption from the autht requirement Cnts1n in seal 477 of the Companies Ad 2CK6, for the year ended 31 May 2024. The directors and trustees acknoge r responsitrAliis for tijlwtying with the requirements of the Cofflpanies Act 2006 with sPeCI lo w)untiTh3 records aThJ the preparalion offnal statenwts. The fflember5 have rK)t reqUId tho Trust to LJtawi an audit of ts finanoxa 5tsterrnls tre year in qu8SbC in accordartt with sect)n 476. These financial Statements have been prepared in a(rordan with the kYws)ns ap1)le to companies gjbiect to the small c4Jmpanies regime. The finanoal statenw)ts We wo¥8d by the Trustees and Exeusbve Committee on 20 March 2025 Mrs R. Ingram (Trea Dife¢tar and Trustee D. Johnw I(1k Offic*rl DSreetor and Trustee Company registrats'cm number CE028811 (EThJland Wales)
BERWICK JUNIORS YOUTH DEVELOPMENT TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY2024 AccountiTrJ policies Chaiity infomiation Berwick Juniors Ycmjth Devekpment Trust (the Tnjstl is a Charitable Irthrwated OrganisalK)n. registered wrth the Chanty Commis%on, number 1198661. The regstered offe 1s 45 Churth Street, Tweedrrrf)uth, Bewr-upx)rFTweed. TD15 2AN. 1.1 Accountirb3 ¢onvenlion The finanoal ststements have been kxepared in acdance wrfh the Trusfs Goveming Dctument, the CoMpanS Act 2C(6, FRS 102 'The Financaal ReFxybng Stsndard apF4Kable in the UK and Republic ol Ireknd. fFRS 102.1 and the Charibes SORP "AConting and Reporhng by Chanlies." Stalement ol Re(x)mmènded Pradu applb to charities weparing their acrunts in acLordance with the Finaniaal Repthn9 Standard applicable in UK and Republ of Irel (FRS 1021" (effective 1 Jarwary 20191. The Trust is a Publt Benefft Enbty as defined by FRS 102. The Trust has taken advantage ofthe provkyons in the SORP for tha8$ not lo ppare a Statement of Cash Fl(w$. The fmancaal statements are prepared in slerliThJ, whth is the fiJnctb)nal tsjrrew of the Trust. Moary amunts in these finan(iJ statements are roun(kd to the nearest £. The financial StatetS have been prepared under the historical ¢>)st u)n¥entr)n. The wncipal aLrounting p(dleS adopted are set below. 1.2 G¢4ng ¢on¢ern At the time of appfowrKJ the financial statements, the Trustees arJ ExeoJtNe Commrttee have a wsonaNe expectation th8t the Trust has adequate sourceS lo )ntinue in operational existen for Ihe foreseeable fulure. Thus. the Trustees and Exerxthe Committee C1)ue to adw the going ?trn baS of aco)unb'ng in preparbng Ihe fa{la1 statements. 1.3 Charltsblè funds Unrestricted fvnds are aVailae for use at Ihe (lisLretion of the Twstees aThJ Exeryjtive Committee in furtheran crftheir charitae obJedi¥es. Designated tunds ujmprise funds have been set aside at Ihe thsc¥elion of the Trustees and Exeojtive Commtitee for speoffic purposes. The pUrF0 arJ uses of the deSnaled frjnds are sel ryjt in the nce5 to the financial stslwnerts. Restricted fvnd5 a subj'ect to specffic )nthtS by donNs or grantors as to hcrw they may be used. The purpjses and uses of the restricted fvnds are set ryjt in the notes to Ihe financial statements. 1.4 Incorne Inme is retsjgnised vltsn the Trust is gaMy entitbj to r( after any pw[cnCe nditI)nS have been met, the amourts can be fr9jred rdiabty, aThJ it is wctsble that inccffie wll be received. Cash donat)ns we recojnised rerript. Other thjnaticns are recognised once the Tru# has been notified ol the donatsc, unsS perforniae )ndit)n$ rUl deferral ol the amount. IntsJne tax recknverab in felation lo donats'rS re(ived w)der GA¥j or deeds of ven3n1 is reo)gri5ed at the time clthe donth"cn. Memb8rship $ubwptKm$ a rew¥sed in the year in tw we r&xved.
BERWICK JUNIORS YOUTH DEVELOPMENT TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MA Y 2024 Accounting pollcl {Contlnugdl 1.5 Expendlture All expenditure is ac£ryJnled fot cm an ar>yual$ b&8is and has been agegated under apprcpriate hea(lirKJs. Goveman¢e costs are those irKJJrTed in ¢Thon with the athinistration of the Twst and mE1Ce vrith conslrtutional and stalutory requirements. Costs of generatsng fvnds are expenses rTed in running ftmd raising events. Adminislration (x)sts are exFnse5 in Ihe administration of the Twst. Charitable aVe$ Cp)Sts are those expenses WKJJrred in nl)n wrfh fv opwatKM ol the fcdbal teams arxl in cvDnectn wilh the zeeIde Exthange trip. 1.6 Tangible fixed assets Tangib fixed assets a inrtialty MeaJ[ed at st and suwuemuy meayjred al cost or valualion. nel ol depre¢bOn and any impairment105ses. Fixed assets are faprtali5eil al c5. th the pur(ase pl1 exceeds £5CI), aThJ written down over their Usefvl wnOrn lrfe, at the following rates.. Equipment 25% Straghl Line The gain or loss arising on the di8Fosal of an asset 1$ detemined as the dfftwenlx btheen the sae prOS and the carrwng value of the asset, and is re(vJnLsed in the Stalanent offin¥> aCb"vits. 1.7 Flx8d assèt Inv¢slments Fixed asset investments a w)iti"81ty measured at tr8rtsaclion prKe excJ¢thng transaction cosls, and are subsequendy mèasur8d at frdir valuè at èath rerrtKb"ng date. Changes in fair value are reo)gnised in net in¢oMel{¢XpejrtU) year. Transal"( sts are exFns&J as Ingjwed. 1.8 Impalrni•nt of fixèd a$s¢ts Al each rertIng etxl dale. the Tnjst revews the crrying amounts of rts tangble assets lo delemine whether there is any irlcallOn that those assets have gJffer•J an inpairment kjss. If any such iThJlcain exists, the recOverae amjnt of the asset is estimaled in tyrI0 determir the extent of the imp84mwl k)ss (rf any). 1.9 Cash and cash ul¥al•rtts Cash and cash alents indLwJe cash in hd, de[ts held at with banks, other sh)rt-temi liquid invesbnents ¥th onginal maturibes d three month$ or less, and bank overdrafts. Bank o¥erdrafts a shown within boir(MiThJs in cxjrrent ffiats"W]es. 1.10 Financial instruments The Trust has eknled to aFpty the 0¥7515 of Se(kn1 11 'BasK Financial In5trumenls' and Se(KJn 12 'Other Finanaal Instruments Issues, of FRS 102 to all of its financga instnJments. Financ¢al instruments are rwnised in Tnjsfs balance sheet when the Tntst bec4Jmes party to the C4Jntradual provi%h)ns cothe instnJffnt. Finw¢ial 855ets and liabilrfies we oltseL wh the r*t 8nKwnts ple$ted finan(aal $tslemts. wh there is a legalty enforceable nghl lo sel off the re(xrfJnised amwnls aThJ there is an Attenti) lo selye M a net basis or to alIse the asset and sellle Ihe liat4.kty &mutsneousty.
BERWICK JUNIORS YOUTH DEVELOPMENT TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY2024 AccountlrwJ pollcles Icantlnu•dl 84$1¢ Ilnan¢lal a$set$ Basic financial assèts. whKth indude debtors and cash and bank batancès. are i)i11811y mtr8$ured at Iransa¢tion price including Iransadion eosls and are subsequently ¢arri&d al amortised $1 using the effeclwe interest method unless the arrangement con51ilules o financing transaction, where the transaction is measured 81 the present value ol the frjture receipls dis¢ounled al a market rate of interest. Finanoal assets dassifd a8 receivabb wlhin year are not amortised. 845ic fln4ncl•l liabilities Basic financAal liabilities. including creditors and bank loans are inrtially recognis8d at tranSlI0n price unless the arrangemenl constrtut¢$ a finann9 Iransa¢tion, where the debt instrument is measured al the psent value of the future payments discounted al a market rale of Interest. Fin8ndal liabilities d888lfied as payable wrthin one ytrar are not amortised. Debl instrumen15 are Subsequently carried al amortised cost, u8lng the effective interest rale rnethod. Trade crgdilors are obligations lo pay for goods or services that have been acquired in the ordinary ¢xsursg 01 Okwralions from suppliers. Amounts payaNe afg dassifigd as ¢urr&nl liabilities il payment is ¢Jue within one year or kss. If not. they are pSented as non.tyJrrenl liabilrties. Trade creditor5 are re¢ogni5ed inrtially al transaction price arwj subsequently measured at amortised c05t using Ihe effective interest rnethod. Derecognltion of financlal Ilabllltles Finan¢ial liabilities are derecogni5ed when the Trus18 conlradual obligation6 exr• or arts discharged or tancelled. Crlilcal accountlng •8tlmat•• •nd ludg•m•nts In the arplicallon of the TnJ$l'$ 8Ctounting policiès. the Trustees and Exeojlivé Committee are fequired to make judgements, estimates and assumptions about the carying amount of a$sg1s and liabilities that are not readily apparonl from olhef Sour$. The estimates and assoaaled assumptions are based on historical experience and other factors that are cvnseTed lo be relevant. Actual results may differ from these estimates. Th8 èstimalg$ and und&rtylng assumptions are re¥éWed on an ongoing basis. Revisions lo accounting esty'males are recognised in the penod in which the estimate is revised where Ihe revishjn affeds cnly that per)d. or in the period of the revision and fijture periods where the revision affects boih current and fijturo per)ds. 10-
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BERWICK JUNIORS YOUTH DEVELOPMENT TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MA Y 2024 In¢omo from ¢h•ritable a¢ti¥itses Restricted fLFnds 2024 Total Restricted funds 2023 Total 2024 2023 Zeewolde exchange inc4JrrE- Restricted 6,873 6.873 15.314 15.314 12-
BERWICK JUNIORS YOUTH DEVELOPMENT TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MAY 2024 Expendlturn on ¢harltal)l actlvltle8 Charitab actlvltl 2024 Charitable actIvIo9 2023 Depieoation and IMlMent Zeewolde exthange expenditure- Restrhd Football eoatw)g- Reslri¢Xed League fees Sports h811 and prtth hi Rgpairs and equipment Football athing Travdh'rKJ exwses 397 13,999 10.263 120 15.497 28,542 1.351 7,828 4,856 735 59,885 27.615 Shar• ol •upport •nd govem•nu ¢o•ts not• 7} Gov8mancé 3,078 62.961 29.459 Analysls by lund Unrestrided funds Unreslrid¢d fvnds. Cswnat•d fvTrJ8 ReslriLXe(l fvnds 42.888 1,803 18,270 15,120 14,339 62.961 29,459 Support co•ts lloctod to actlvlti 2024 2023 Goveman¢e costs 3,076 Analy botW•*•n: Chantabk activ"e$ 3.076 2024 2023 Gov•rnanc• costs compr1••: ACCntancY Insurance AdministratKJn 1,972 934 170 1200 204 3,076 14-
BERWICK JUNIORS YOUTH DEVELOPMENT TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MA Y 2024 Executive Committee None of Ihe Trustees and Executive Committee lor any persons c4Jnnected with them) re¢eNeil any muner8tion or benefits from the Trust during the year. Employ80s The were no employees during the year {2023.. None). 10 Taxation The Trust is exempt from tsxalion on ks a(thities because all ils income is applied fo¥ thantable purposes. 11 Tanglbl& fixed a$8ets equlpm•nt Cost At 1 June 2023 Additions 3,002 814 At 31 May 2024 3,816 D¢pre¢iation and impairment Al 1 June 2023 Depreoatlon tharged in the year 397 902 At 31 May 2024 1,299 Caryin9 amount At 31 May 2024 2.517 Al 31 May 2023 2,605 12 Fixed a$$et investsnents Unlisted Investsnents Cost or v•luatlon At 1 June 2023 & 31 May 2024 1,000 Cawying amount Al 31 May 2024 1,000 Al 31 May 2023 1,000 15-
BERWICK JUNIORS YOUTH DEVELOPMENT TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY2024 13 Dèbtors 2024 2023 Amounts lalling due wlthln on• y•ar'. Trade debtors Prgpaymgnt$ and accyued Income 176 199 244 199 14 Cr•dltorn: amounts falllng due tAthln or• yoar 2024 2023 Other cfeditoTS A¢rJu81s and delerffjd Income 1,504 2,400 1.199 1.199 3,904 16 RMtrlct•d fund• The reslrided funds of Ihe Trust cx)mprise Ihg unexpended balances of donations and granls held on Iwsl $ubj&¢t lo specific u)n¢Jilions by donors as lo how they may be use<J. At 1 Jun• 2023 Incomlng r•8ourc88 R•80urc8• expended At 31 May 2024 Zeewolde ex¢hangg Trainin9 &quipmenl 5,240 3,891 6,873 6,122 110,2831 18,007) 1,850 9,131 12,995 118,2701 3,8 Pr•vlou• rIOd.. At19Apdl 2022 Incomlng r•wurc•B Re#our¢e• •xpended At 31 May 2023 Zeewolde exchange Training equipment 19,239 4,231 113,9991 13401 5,240 3.891 23,470 114,3391 9.131 Rgslrided fvnds Lxnslsl ofthe following funds.. A Outd) Exchange lun¢J rep$$nI5 #ll inwne and expeTrJiture incurred relats'ng to the Tru3ts annu Zeewohle Dutch Exchanga. A Training Equipmgnt fund represents donations recived and expenditure cffl new goals and lrninir*J equipment purchased frJr use by the Trust. 1fj-
BERWICK JUNIORS YOUTH DEVELOPMENT TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY2024 16 Designated funds These are designated funds whh are material to the Trusfs activities. At 1 June 2023 In¢omlng Rt$ourceJ r•8ources expended At 31 May 2024 8eI Wldcals IGirfsl 5,819 {1,8031 4,016 A Glrts account which Is a sgparale Norlhumbedand Football A88Oaation wogramrnè. 17 Unr••trfct•d funds The unStricted funds ol the Trust compris¢ tho un&xp&nded balances ol donations and grants which are not subject lo splfi¢ conditions by donors and grantors as lo how they rnay be used. At 1 June 2023 In¢omlng Re$ource¥ r•80urces expended At 31 May 2024 Gen&ro1 fvnds 22,591 41,303 {42,8881 21,C¥)O Pr•vlou• perfod: At 19 Aprll 2022 Incomlng r•8our¢•$ Re•our¢e• •xpended At 31 May 2023 General fvnds 37,711 115,1201 22,591 18 Analy•l• ol nèt 48•ets b•t4¥9•n lund$ Unrn$trlcted Deslgnat fund8 funds R•$trfct•d funds Total 2024 2024 2024 2024 At 31 May 2024.. Tangible assets Investments Current ¥$selsllliabllle$I 1,823 2.517 1.(0 2S,361 19,312 4,016 2,033 21,006 4,016 3,856 28,878 17-
BERWICK JUNIORS YOUTH DEVELOPMENT TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY2024 18 Analy$ls of net 48s•ts b•tw••n lunds (Cont1ndI Unrnstrl¢t•d DlYnated lund$ furKI$ Restri¢tsd funds Total 2023 2023 2023 2023 At 31 May 2023: Tangible assèts Invgslmenls Currenl asseIllabIrtles) 371 2,234 2,605 1,000 26,117 21.220 6.897 22.591 9.131 31,722 19 R•lat•d p•rty tr•rAxllon• There were no disdosth rel81&1 party durty the y12023.. )nO). 18-
BERWICK JUNIORS YOUTH DEVELOPMENT TRUST DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MAY2024 Yoar Pgdod 31 May 2024 31 May 2023 Donations and legacies Donations and g¢fts Donati¢S- DesKJnated DOnatIc$. RestrKa&Y 10.469 33.475 8.1 17,616 41,631 Actlvities for generating funds Stjbscrsptions Funthaising Subscriptions- Des•3nated Funthasing- Restricted 14,755 16,079 2,720 2,074 1,780 35,628 4,236 In¢omlng resources from tharStable activlties Zeewolde exchange income- Restricled 6.8n 15.314 Total incoming rnsour¢•s 60.117 61,181 Charltablè activities EquiFment deprecsabon Le4ue fees Sports hall and pitth hire Repairs and equipnEnt Football t))athing IAiscellaneous Football Coac*ing- Designated prtth HTe . Designated Repairs and equiprw)l- Designated Adminislrab"on- Oeswjnaled Equipment depreaation - Reslncted Zeewokle exthange expendrture- Restricled Repairs and equipment- Restricted 57 3.C62 14.579 20,685 1.135 7,828 735 120 918 549 216 699 10,263 340 13,999 {59.885) 127,6151 Governance costs 1,972 934 170 1,21X) 204 Instjrance Administration (3.076) (1.844) (DeficitySurpl ft>r the year 12.8441 31.722 19-