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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