2024-08-31-accounts

	Page
Annual Report ofthe Trustees	1
Report of the Independent Examiner	11
Statement of Financial Activities	12
Income	13
Expenditure	14
Balance Sheet	15
Notes tothe Financial Statements	16-19

	Ann	ual Report of th	ual Report of th	e Trustees
		The Youth Net
	ISt	September 2023 - 31st August 2024
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
		David Lawrence
		John Lotz
		Chenda Nuttall
		Samantha Phillips		Director
		Debra Tickell		Appointed 16/07/24
Staff	Sam Phillips	Director
	Alison Way	Explore Project Lead
	Maddy Belle	Engage project Lead
	Anji Haywood	IF Project Lead
	Jon Phillips	Bank Staff
	Cathy Short	IF project worker
	Lottie Backhouse	Connect Worker	—	Doxey and St Paul's
	Jo Adamson	Connect — Counselling
	Laura Colley	Bank Staff
	Scott Belle	Connect Stafford	Youth
	Richard Lainton	Caretaker

	YW hours	Total engagementswith young
		people
September 23	35	266
October	32	175
November	37	211
December	28	117
January 24	33	146
February		199
March	23	84
April	35	164
May	47	259
June	25	102
July	15	65
August	20	57
TOTAL	377	1845

	Unrestricted	Unrestricted	Restricted	Restricted	Total	Total
	Funds		Funds		31/08/24	31/08/23
	f	p	f	p	p
Income from:
Donations and legacies	24,005.75		5,720.00		29,725.75	19,117
Charitableactivities	100,464.95		22,000.00		122,464.95	81,542
Investmentincome		644.55			644.55	130
Other		122.00			122.00	251
Total Income	125,237.25		27,720.00		152,957.25	101,041
Expenditure on:
Raising funds		180.00			180.00
Charitableactivities	128,439.51				128,439.51	82,488
Other		4,325.93			4,325.93	2,827
Total Expenditure	132,945.44				132,945.44	85,315
Net (Expenditure)/lncome		(7,708.19)	27,720.00		20,011.81	15,726
Fund Balances brought forward
at 1January 2024		40,253.92			40,253.92
Transferred 01/01/23 from Mid-Staffs Youth
Net Charity No. 1100111						24,528
Transfers between Funds		27,720.00	(27,720.00)
Fund Balances carried forward
31st August 2024		60,265.73			60,265.73	40,253.92

	Unrestricted	Restricted	Total	Total
	Funds	Funds	31/08/24	31/08/23
	p	p	P
Donations and legacies
- 200 Club	14,065.00		14,065.00	8,986
- Churches	6,944.87		6,944.87	4,511
- Gift Aid Tax Reclaimed	2,995.88		2,995.88	1,940
- Grants		5,720.00	5,720.00	3,680
	24,005.75	5,720.00	29,725.75	19,117
Charitable activities
- Explore	769.80		769.80	527
- Engage	27.50		27.50	770
- Growth	2,545.00		2,545.00	1,542
- Connect	31,280.80	22,000.00	53,280.80	37,593
- Doxey Hub	7,018.00		7,018.00	4,291
	55,300.00		55,300.00	36,400
- Doxey Tots	188.46		188.46
- Fundraising	3,335.39		3,335.39	419
	100,464.95	22,000.00	122,464.95	81,542
Investmentincome
- Bank Interest Received	644.55		644.55	130
	644.55		644.55	130
Other
- Other Income	122.00		122.00	251
	122.00		122.00	251

		Unrestricted	Unrestricted	Restricted	Total	Total
		Funds		Funds	31/08/24	31/08/23
		E	p	P	f p
Raisingfunds
-	Fundraising Expenses		180.00		180.00
			180.00		180.00
Charitable activities
-	Explore		11,979.17		11,979.17	6,159
-	Engage		6,793.87		6,793.87	2,034
-	Growth		748.18		748.18	883
-	Connect		43,901.42		43,901.42	33,013
	Doxey Hub		2,160.69		2,160.69	272
			47,611.58		47,611.58	24,411
-	Core		15,244.60		15,244.60	15,717
	Note 2	128,439.51			128,439.51	82,488
Other
-	Insurance		1,175.93		1,175.93	707
-	Professional services		3,000.00		3,000.00	2,000
-	Independent Examination		150.00		150.00	120
			4,325.93		4,325.93	2,827
Total	Expenditure	132,945.44			132,945.44	85,315

2.	Charitable	Activities
		Staffcosts	Resources	Travel	Other	TOTAL
	Core	12,040.28	3.41	171.19	3,029.72	15,244.60
	Explore	10,874.52	977.73	126.92		11,979.17
	Engage	6,725.70		22.09		6,793.87
	Growth	577.65	53.98	116.55		748.18
	Connect	41,436.24	1,549.56	105.62	810.00	43,901.42
	Doxey Hub	1,585.63	129.11			2,160.69
		41,579.90	3,636.83	469.85	1,925.00	47,611.58
		114,819.92	6,396.70	1,012.22	6,210.67	128,439.51

			31/08/24	31/08/23
Debtors			12,383.20	13,455.20
Accrued Income		- Gift Aid Tax	1,299.50	1,177.50
Other debtors	-	HMRC		307.60
			13,682.70	14,940
and in hand
			31/08/24	31/08/23
Lloyds Bank
- Current Account:			4,285.34	3,231.50
- Deposit Account:			57,258.65	34,614.10
HSBC account				453.45
Petty cash			51.66	125.47
			61,595.65	38,425

		31/08/24	31/08/23
Other Creditors	for Goods and Services	1,880.10	571.95
Accruals		240.00	200.00
Deferred Income		12,288.00	12,336.00
Other Creditors		17.35	2.95
Other Creditors	- HMRC	587.17
		15,012.62	13,111

Unrestricted Funds
	Balance at					Balance at
	01/09/23	Transfers	Income	Expenditure	Transfers	31/08/24
General Funds	40,254		125,237	(132,945)	27,720	60,266
	40,254		125,237	(132,945)	27,720	60,266
		Transferred
		01/01/23 from
		Mid-Staffs
		Youth Net
	Balance at	Charity No.				Balance at
Comparativeyear 2022/23	01/09/22	1100111	Income	Expenditure	Transfers	31/08/23
General Funds		24,528	82,694	(66,968)		,254
		24,528	82,694	(66,968)		40,254

Res	tricted Funds
		Balance at					Balance at
		01/09/23	Transfers	Income	Expenditure	Transfers	31/08/24
SBC	- ConnectStafford Youth			22,000		(22,000)
Admin Support Grant				5,720		(5,720)
				27,720		(27,720)
			Transferred
			01/01/23 from
			Mid-Staffs
			Youth Net
		Balance at	Charity No.				Balance at
Comparativeyear 2022/23		01/09/22	1100111	Income	Expenditure	Transfers	31/08/23
SBC	- ConnectStafford Youth			14,667	(14,667)
Admin Support Grant				3,680	(3,680)
				18,347	(18,347)

	Unrestricted	Restricted
31/08/2024	Funds	Funds	Total Funds
Current Assets	75,278		75,278
Creditors due within one year	(15,013)		(15,013)
Total Net Assets	60,266		60,266
	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
	2024	2023
Gross wages	112,678	70,449
Social security costs	205	1,757
Employers pension contribution	1,936	1,095
	114,820	73,301
The average monthly number of employees	2024	2023
during the year were as follows:-	10	10