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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