2023-03-31-accounts - Hounslow Action For Youth Association

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		Page
Report ofthe Trustees		I to 9
Independent Examiner's	Report	10 to 11
Statement ofFinancial Activities		12
Balance Sheet		13 to 14
Notes to the Financial Statements		15 to 24

							31.3.23	31.3.22
					Unrestricted	Restricted	Total	Total
					fund	funds	funds	funds
				Notes
INCOME AND ENDOWMENTS				FROM
Donations and legacies				2	133,981	164,SS4	298,53S	207,220
Investment income				3	5 579		5,579	~4378
Total					~139560	164,554	304.114	211 598
EXPENDITURE		ON
Raising funds
Raising donations		and legacies			19391		19.391	19206
					19,391		19,391	19,206
Charitable expenditure
Charitable Costs					77,892	170,384	248,276	221,135
Support Costs Governance Costs					14,942 ~12014	8,423 ~1295	23,365 13.309	29,694 16517
Total					~124239	~180 102	304.341	286 552
Net gains/(losses)	on investments				~8842)		~8.842)	~14844
NET INCOME/(EXPENDITURE)					6,479	(15,548)	(9.069)	(60,110)
RECONCILIATION			OF FUNDS
Total funds brought		forward			145,168	72,851	218,019	278,129
TOTAL FUNDS	CARRIED
FORWARD					151647	57303	208.950	218019

			for the Year Ended 31stMa	for the Year Ended 31stMa	rch 2023
2.	DONATIONS		AND LEGACIES
						31.3.23	31.3.22
						f,
	Donations					3,981	5,584
	Grants					294 554	201,636
						298 535	207 220
	Grants received,		included	in the above, are as follows:
						31.3.23	31.3.22
	Other grants					294 554	201 636
3.	INVESTMENT INCOME
						31.3.23	31.3.22
						f.
	Investment	Income				4,450	4,363
	Interest receivable					I 129	15
						~5579	~4378
4.	CHARITABLE ACTIVITIES COSTS
						Support
					Direct	costs (see
					Costs	note 5)	Totals
	Charitable	Costs			242,694	5,582	248,276
	Support Costs					23,365	23,365
	Governance	Costs				~13309	13,309
					242,694	42 256	~284 950

STAFF COSTS
					31.3.23	31.3.22
Wages and salaries					152,904	148,389
Social security costs Other pension costs					(5,132) ~8220	6,612 ~8885
					155992	163886
The average monthly	number ofemployees		during	the year was as follows:
					31.3.23	31.3.22
Average Number of	Employees				8	8
No employees received emoluments		in excess off60,000.

	Notes to the Financial Statements —continued for the Year Ended 31stMarch 2023	Notes to the Financial Statements —continued for the Year Ended 31stMarch 2023	Notes to the Financial Statements —continued for the Year Ended 31stMarch 2023	Notes to the Financial Statements —continued for the Year Ended 31stMarch 2023
8.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
			Unrestricted	Restricted	Total
			fund	funds	funds
	INCOME AND ENDOWMENTS FROM
	Donations and legacies		135,584	71.636	207,220
	Investment income		4,378		4 378
	Total		139,962	71.636	211 598
	EXPENDITURE ON
	Raising funds
	Raising donations and legacies		19206		19206
			19,206		19,206
	Charitable expenditure
	Charitable Costs		49,748	171,387	221,135
	Support Costs		19,429	10.265	29,694
	Governance Costs		16517		16517
	Total		104900	181.652	286 552
	Net gains on investments		14,844		14 844
	NET INCOME/(EXPENDITURE)		49,906	(110,016)	(60,110)
	RECONCILIATION	OF FUNDS
	Total funds brought forward		95,262	182.867	278,129
	TOTAL FUNDS CARRIED
	FORWARD		~145 168	72.851	~218019


9.	FIXEDASSETINVESTMENTS
					Listed
					investments
	MARKET VALUE
	At 1st April 2022				160,989
	Impairments				~8B43
	At 31st March 2023				152,146
	NET BOOK VALUE
	At 31st March 2023				~152 146
	At 31st March 2022				160989
	There were no investment		assets outside the UK.
10.	DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
				31.3.23	31.3.22
	Other debtors			175
	Prepayments			~2842	~1981
				3 017	1 981
11.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				31.3.23	31.3.22
				f.
	Other creditors			18,704	15,326
	Accruals and deferred	income		~26 470	~19968
				45 174	35 294

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
		f.		f.
Unrestricted funds
General fund		139,560	(124,239)	(8,842)	6,479
Restricted funds
Youth Bonds		43,110	(58,853)		(15,743)
Holiday and Universal			(2,865)		(2,865)
YWPAgents for Change		12,005	(24,029)		(12,024)
Volunteer Co-ordinator			(2,019)		(2,019)
YWP Assessment Project			(9,866)		(9,866)
Youth Vision 20:20		20,189	(22,629)		(2,440)
Thriving Communities	Fund LBH	7,750	(15,500)		(7,750)
Youth Development		33,000	(15,579)		17,421
Emmanuel Kaye Foundation		30,000	(24,262)		5,738
Heathrow Community Trust The Progress Foundation		3,500 15,000	(3,500) ~1000)		~14000
TOTALFUNDS		164554 304 114	~180102) ~304 341)	~8 842)	~15548) ~9 069)

			Net
			movement	At
		At 1.4.21	in funds	31.3.22
Unrestricted funds
General fund		95,262	49,906	145,168
Restricted funds
Youth Bonds		75,253	(54,111)	21,142
Holiday and Universal		5,153	(1,053)	4,100
YWPAgents for Change		32,144	(13,493)	18,651
Volunteer Co-ordinator		15,557	(6,656)	8,901
YWP Assessment Project		21,978	(12,112)	9,866
Youth Vision 20:20 Thriving Communities	Fund LBH	32,782	(30,341) ~7750	2,441 ~7750
		182,867	~110016)	72 851
TOTAL FUNDS		278 129	~60 110)	218019

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
				f.
Unrestricted funds
General fund		279,522	(229,139)	6,002	56,385
Restricted funds
Youth Bonds		95,432	(165,286)		(69,854)
Holiday and Universal			(3,918)		(3,918)
YWPAgents for Change		23,569	(49,086)		(25,517)
Volunteer Co-ordinator			(8,675)		(8,675)
YWP Assessment Project			(21,978)		(21,978)
Youth Vision 20:20		20,189	(52,970)		(32,781)
Thriving Communities	Fund LBH	15,500	(15,500)
Youth Development		33,000	(15,579)		17,421
Emmanuel Kaye Foundation		30,000	(24,762)		5,738
Heathrow Community Trust The Progress Foundation		3,500 15000	(3,500) ~1000)		14000
TOTALFUNDS		~236 190 515,712	~361 754) ~590 B93	~6 002	~125 564) ~69 179)