2023-08-31-accounts

	Page
Annual Report of the Trustees	1
Report of the Independent Examiner	10
Statement of Financial Activities	11
Income	12
Expenditure	13
Balance Sheet	14
Notes to the Financial Statements	15-18

		The Youth Net	The Youth Net
	ISt	September 2022 — 31st August 2023
Registered Charity Number		1199420
CharityAddress		The Youth Net Offices
		Asbury House
		Merrey Road
		Stafford
		ST17 9LX
Trustees
		Matthew Long		Chair
		Andy Summers		Treasurer
		Graham Russell		Vice Chair
		John Lotz
		David Lawrence
		Chenda Nuttall
		Samantha Phillips		Director
		Nerine Forrest		Resigned May 2023
Staff	Sam Phillips	Director
	Alison Way	Explore Project Lead
	Maddy Belle	Engage project Lead
	Anji Haywood	IFProject Lead
	Jon Phillips	Bank Staff
	CathyShort	IFproject worker
	Lottie Backhouse	Connect Worker	—	Doxey and St Paul's
	Jo Adamson	Connect — Counselling
	Laura Colley	Bank Staff
	Scott Belle	Connect Stafford	Youth
Bank		Lloyds Bank PLC
Independent	Examiner	Mr T Herriott

	YW hours	Total	Male	Female
September 22	42	432		188
October	25	223	126	97
November	45	237	156	81
December	27	159	80	79
January 23	60	293	167	126
February	74	372	198	174
March	62	243	140	103
April	50	193	105	88
May	60	191	104	87
June	30	136	68	68
July	20	35	18	17
August	72	268	176	92
TOTAL	567	2782	1582	1200

	Unrestricted	Unrestricted	Restricted	Restricted	Total
	Funds		Funds		31/08/23
	E	p	f	p	E p
Income from:
Donations and legacies		15,437.09	3,680.00		19,117.09
Charitable activities		66,875.71	14,666.64		81,542.35
Investmentincome		130.12			130.12
Other		251.20			251.20
Total Income		82,694.12	18,346.64		101,040.76
Expenditure on:
Raising funds
Charitable activities		64,141.36	18,346.64		82,488.00
Other		2,826.81			2,826.81
Total Expenditure		66,968.17	18,346.64		85,314.81
Net (Expenditure)/lncome		15,725.95			15,725.95
Fund Balances brought forward
at 1 January 2023
Transferred 01/01/23 from Mid-Staffs Youth
Net Charity No. 1100111		24,527.97			24,527.97
Transfers between Funds
Fund Balances carried forward
31stAugust 2023		40,253.92			40,253.92

		Unrestricted	Unrestricted	Restricted	Restricted	Total
		Funds		Funds		31/08/23
		f	p	f	p	f p
Donations and legacies
-	200 Club		8,986.00			8,986.00
-	Churches		4,510.84			4,510.84
-	Gift Aid Tax Reclaimed		1,940.25			1,940.25
	Grants			3,680.00		3,680.00
			15,437.09	3,680.00		19,117.09
Charitable activities
	Explore		526.50			526.50
	Engage		770.20			770.20
	Growth		1,541.75			1,541.75
-	Connect		22,926.80	14,666.64		37,593.44
	Doxey Hub		4,291.00			4,291.00
			36,400.00			36,400.00
-	Fundraising		419.46
			66,875.71	14,666.64		81,542.35
Investment income
-	Bank Interest Received		130.12			130.12
			130.12			130.12
Other
-	Other Income		251.20			251.20
			251.20			251.20
Total	Income		82,694.12	18,346.64		101,040.76

	Unrestricted	Unrestricted	Restricted	Restricted	Total
	Funds		Funds		31/08/23
	f	p	f	p	f p
Raisingfunds
- Fundraising Expenses
Charitable activities
- Explore		6,159.02			6,159.02
- Engage		2,034.01			2,034.01
- Growth		883.00			883.00
- Connect		18,346.30	14,666.64		33,012.94
- Doxey Hub		271.77			271.77
		24,410.55			24,410.55
- Core		12,036.71	3,680.00		15,716.71
Note 2	64,141.36		18,346.64		82,488.00
Other
- Insurance		706.81			706.81
- Professional services		2,000.00			2,000.00
- Independent Examination		120.00			120.00
		2,826.81			2,826.81
Total Expenditure	66,968.17		18,346.64		85,314.81

Charitable Ac	tivities
	Staff costs	Resources	Travel	Other	TOTAL
Core	12,945.47	4.33		2,766.91	15,716.71
Explore	5,833.92	252.20	72.90		6,159.02
Engage	1,988.76	9.25	36.00		2,034.01
Growth	709.34	45.33	128.33		883.00
Connect	31,047.84	1,313.87	111.23	540.00	33,012.94
Doxey Hub		271.77			271.77
	20,776.10	1,722.92	426.53	1,485.00	24,410.55
	73,301.43	3,619.67	774.99	4,791.91	82,488.00

			31/08/23
Debtors			13,455.20
Accrued Income		- Gift Aid Tax	1,177.50
Other debtors	-	HMRC	307.60
			14,940.30

	31/08/23
Lloyds Bank
- Current Account:	3,231.50
Deposit Account:	34,614.10
HSBC account	453.45
Petty cash	125.47
	38,424.52

	31/08/23
Other Creditors forGoods and Services	571.95
Accruals	200.00
Deferred Income	12,336.00
Other Creditors	2.95
	13,110.90

	Unrestricted	Restricted
31/08/2023	Funds	Funds	Total Funds
Current Assets	53,365		53,365
Creditors due within one year	(13,111)		(13,111)
Total Net Assets	40,254		40,254

Emoluments of Employees
	2023
Grosswages	70,449
Social security costs	1,757
Employers pension contribution	1,095
	73,301
The average monthly number ofemployees	2023
during the year were asfollows:-	10