2021-03-31-accounts - Young Bristol

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31 March 2021 Year End Accounts & YB Trustees' Report

The Queen’s Award for Voluntary Service

Contents of the Financial Statements For the year ending 31[st] March 2021

	Page
Report of the Trustees	3 - 21
Report of the Independent Auditors	22 - 25
Statement of Financial Activities	26
Balance Sheet	27
Cash Flow Statement	28
Notes to the Cash Flow Statement	29
Notes to the Financial Statements	30 - 44
Detailed Statement of Financial Activities	45 - 46

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Young Bristol Trustees’ Report For the year ending 31[st] March 2021

Introduction:-

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2021.

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)”, Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” and the Companies Act 2006.

In preparing this report the trustees have regard to the Charity Commission’s guidance on public benefit and have satisfied themselves that the aims and objectives of the charity and its core programmes are aligned and continue to serve children and young people within the City of Bristol and surrounding areas. To accompany this trustee’s report, the charity also produces an annual Impact Report that further demonstrates the charity’s work and its public benefit.

The trustees acknowledge the huge contribution made by its paid employees as well as the many volunteers who provide their time, expertise and skills freely to support, deliver and help develop the charity’s services. These range from those volunteers who work in direct support of our programmes through to our volunteer Fundraising Committee who continue to raise much needed funds in support of our work.

Who we are:-

Young Bristol is a youth led charity that works to offer a choice of opportunities and experiences for all children and young people.

Since the opening of Bristol’s first Boys’ Club in 1928, Young Bristol has evolved to be one of the Cities leading youth charities, providing a range of critical out-of-school services across Bristol.

Today, we are recognised as Bristol’s leading provider of community-based youth services, through our community youth club network, as well as a valued provider of outdoor activities, creative arts, employment training, mobile youth provision and informal educational programmes for children and young people.

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Our Vision:-

We want all children and young people to discover what they are capable of.

Our Mission:-

To be an outstanding provider of high quality community-based youth services and innovative programmes that positively and sustainably impact the lives of children and young people.

Our Values:-

Our charity is built on the core values of helping children and young people be:-

Charitable Objects

The Objects of the charity are as follows:-

To provide children and young people in the City of Bristol and surrounding areas with access to a range of educational opportunities and challenging experiences which promote their personal and social development.

Governing document

The charity is governed by its Articles of Association last updated 21 November 2018, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The charity is incorporated and does not have a share capital and is formed otherwise than for profit. The charity is a Registered Charity Number 301681 and Company Limited by Guarantee numbered 363502.

The principle address of the charity is Young Bristol, The Station, Silver Street, Bristol BS1 2AG.

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Chair’s Overview

I am pleased to present Young Bristol’s Annual Report and Accounts for the year ending 31st March 2021.

Young Bristol has been at the core of Bristol’s communities for over 90 years, adapting and evolving when faced with challenges, to ensure that we are there in local communities, providing safe spaces, empowering and inspiring children and young people to overcome and achieve great futures.

This has been a year unlike any other as we were faced with the unprecedented challenge of supporting young people during a pandemic and multiple national lockdowns. At a time when we knew that young people desperately needed safe spaces to go to, opportunities to connect with their friends and to try something new; we were not able to open the doors of our clubs and activity programmes for large periods of the year. With that in mind, I am incredibly proud of the way that the Young Bristol team adapted its way of working to continue to meet the needs of young people.

The effects of the pandemic on young people are significant, but are not new, and have served to highlight the issues of loneliness, wellbeing and poor employment prospects that so many young people across the city were sadly already facing. There are no quick answers to these issues, but we know the preventative value and long term impact of our work, and we remain committed to providing quality open access provision in our local communities.

Looking to the future, we want to build on what we have learnt from the last year and to invest in our people, facilities and partnerships to meet the increasing demand for our support. With that in mind, I have been really pleased to see the way that the youth sector in Bristol came together through this period and we are looking forward to working as part of the Bristol Voluntary and Community sector youth work group to develop and deliver its new strategy.

As we look ahead, I am pleased to share this report, which demonstrates the passion, drive and commitment of the staff team, trustees, fundraising committee and volunteers behind Young Bristol. Thank you for your fantastic and continued support, and I hope you enjoy reading our impact in this year’s report.

Jamie Cameron – Chair - Young Bristol

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Chief Executive Overview

For communities where children and young people are at risk of poverty, food insecurity, personal safety and mental ill health, the range of programmes Young Bristol continues to offer are an essential lifeline for many as is evidenced by this years Impact Report. The past year has seen Young Bristol and the children and young people we work with come faceto-face with the barriers and challenges presented by the pandemic ranging from disruption to their education, lack of IT access to food insecurity. I was incredibly proud of the Young Bristol team throughout the pandemic as they stepped forward, not only quickly turning many of our programmes into services that young people could access from home; but support services that young people and their families needed.

As we work in more Communities across the City, we know that every child and young person wants to be the best they can be. A growing amount of published research shows community based, early intervention programmes have a long-term, positive impact on an individual’s personal and social development. Providing access to out of school enjoyable, fun activities for children and young people in a safe environment with their friends underpins our approach and should not be underestimated. But this is only one important element of what we offer. It’s also about community and individual trust. Trust that leads to strong relationships, which in turn, create the magic that encourages individuals to open up, to share how they feel and get the support to shine.

In this report you will see how our work continues to change lives; and it is these stories that inspire all of us to do more. I am so lucky to be part of a Team, who help ignite, fuel and support those we work with.

We’re never surprised but always overwhelmed by our individual and corporate supporters’ generosity, especially during the past challenging year. I would like to personally thank them together with our Board of Trustees, Fundraising Committee, volunteers and last, but not least the dedicated staff team.

Lee J. Williams DL – Chief Executive – Young Bristol

Our Core Programmes

Young Bristol delivers the following core programmes that are freely available to all children and young people aged 8-25 years:-

Community Youth Clubs - Located in many areas across Bristol and typically open 3-4 nights a week, 46 weeks a year. With full access to the programme offered by Young Bristol, our community youth clubs offer 8-19 year olds an inclusive environment, staffed by caring, trained youth workers, that help inform and equip members to make healthy and safe life choices, as well as lifelong friendships.

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Creative Programme - By introducing young people 8-25 years old to a wide range of arts activities, we give them the chance to develop new found talents. With a strong focus on the visual arts, our programme delivers a variety of art, design, music and media projects in our community youth clubs, Schools and other venues. As well as being great fun, young people are able to gain qualifications, such as the nationally recognised AQA’s and Arts Award.
RESPECT Project - A ten-week programme working through local schools to engage with Year 9 students aged 13-14 years old. The RESPECT project focuses on building life skills through an introduction to outdoor activities and includes a week-long residential. By the end of the project, we aim to have increased young peoples’ ability to deal with life’s problems; overall becoming more resilient.
Outdoor Activities – Over sixteen water and land-based activities delivered from our water-based activity centre on Bristol’s historical Docks and other locations in and around Bristol. From canoeing to raft-building and archery to caving, our range of activities suit a wide variety of groups and ages. Our activities give young people the opportunity to build teamwork and communication skills whilst doing something inspiring, motivating and fun.
Employment Training Scheme - This fully funded programme engages “at risk” young people aged 16-25 to become qualified outdoor activity instructors. The programme trains and supports them in achieving a number of nationally recognised outdoor qualifications as well as increasing their communication, self- confidence and teamworking skills. We also provide real “hands on” work experience that increases their pathway to longer term employment in the outdoor activities industry.
Youth Club on Wheels - A Mobile youth service working with children and young people 8-19 years in hard to reach areas of the city, as well as surrounding rural areas. This pioneering service provides creative, sports, multi-media activities, job and homework guidance, as well as a place to relax and socialise with friends in a fun and safe environment all under the support and guidance of trained youth workers.
Youth Voice - Made up of young people from across the City who use and benefit from
our programmes. The group helps shape and influences our programmes; they discuss issues that affect young people and aim to positively influence decision makers within the City and beyond.
School Holiday Clubs - You do not have to be a member of Young Bristol to take part in our holiday clubs. These fun sessions during the school holidays provide extra daytime, evening and weekend sessions for all children and young people and are delivered from our community youth clubs and outdoor activities venues as well as through our Mobile youth provision.
Kayak Club - A drop-in programme where any young person of any ability aged 8-21 years old can take part in kayaking and canoeing in Bristol’s iconic harbour. A great opportunity to improve skills, meet new people, and have fun. Participants also have the opportunity to achieve relevant qualifications.

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Investing in our member’s clubs

In addition to our core programmes we are committed to a range of activities that enable us to invest in our community youth clubs to develop their premises, capacity, skills, knowledge, systems, funding and resources that enable them to thrive. This includes developing strategic and corporate partners and demonstrating positive outcomes for young people. We continue to offer a wide range of training, networking and development opportunities for member clubs and work and support them on their journey to sustainability.

Listening to young people and meeting their needs

Through working effectively with our “Youth Voice” group and other mechanisms for engaging, supporting and listening to young people, we embed young people’s needs and views across the organisation. Furthermore, we consult with them on the design, delivery and evaluation of our work. We effectively use technology and social media to ensure we are reaching our young people through routes that are familiar to them. We continue to expend our links with education providers and employers and invest in projects which reach those young people who need our services most. We work in collaboration with other youth providers up and down the country and local key decision makers within the city, including Bristol City Council. We also continue to play a pivotal role in the Bristol Voluntary and Community Sector Steering group ensuring that the needs identified by children and young people can be met through coordinated provision.

Membership and Governing organisations

Young Bristol continues to be active and proud members of UK Youth, National Association of Boys & Girls Clubs, National Youth Agency and The World Federation of Youth Clubs. Through being members of these National and International Youth Sector Governing Bodies, Young Bristol keeps abreast of current and emerging youth related issues.

How we secure funding

Young Bristol supporters can be assured that we are registered with the Fundraising Regulator and we comply with the regulatory standard for fundraising.

We fundraise by submitting applications to grant giving trusts, by partnering with companies to deliver joint benefits, by securing donations and gifts-in-will from individuals. Our fundraising from supporters takes the form of funding appeals, direct asks; face-toface, by letter and by email.

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We employ one full time, experienced Development and Fundraising Manager who oversees the majority of our Fundraising activity. This role is supported and overseen by our Chief Executive and a fundraising expert among our trustees also supports this member of staff. We keep abreast of new fundraising trends and practice, always ensuring that the interest of the supporter is at the heart of all we do.

Our focus is to strive for all our supporters to have the very best giving experience when they support the work of Young Bristol, and we work hard using up-to-date policies, procedures and informal training to look after the needs of vulnerable people. All donors are given the opportunity to update their preferences in how we communicate with them. They can contact us by phone, post or email to change their preferences at any time, and all of our emails offer a one-click unsubscribe option to facilitate easy change of preferences. We also update our records whenever we are notified of undelivered mail, or if we are notified by an official institution such as a bank that a supporter is deceased. Everyone we contact has the opportunity to remove themselves from future communications and we are committed to carefully monitoring content and frequency of our approach to individuals.

On our website there are easy to find policies, including: privacy, complaints, safeguarding, and our approach to GDPR.

The trustees are pleased to confirm that the charity has not received any complaints in relation to its fundraising activity nor have the trustees had cause to report itself to the Charity Commission in relation to any breaches in its operation and/or governance.

Our People

Impact of the coronavirus pandemic on our workforce

As we progress through 2021 and beyond, we anticipate a reopening of our offices and services in line with Government and National Youth Agency guidance. Even then, and in line with many organisations, we anticipate transitioning to a hybrid working model where employees, where possible and their role allows, will now be encouraged to spend a greater proportion of their time working remotely. This should bring long term benefits for both employees, in terms of flexibility and job satisfaction, as well as for the employer in terms of staff recruitment and retention.

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Employee health, safety, and wellbeing

Employee wellbeing has always been a key concern of Young Bristol trustees and management team. Due to the impact of the pandemic on both our staff and their family network we will continue to heighten our focus in this area for the next 12-month period in particular. Employees will continue to have access to free independent advice and guidance on a range of wellbeing services. These free services for employees are provided by Ellis Whitham and include a confidential counselling and advice service. As the more long-term impact of the pandemic begins to present itself, we will continue to look at new ways to support our staff.

Employee engagement

During the pandemic we increased the frequency of team and trustee meetings to aid communication and support. We will explore ways of increasing the joint trustee and staff meetings as these have proven beneficial for both Parties on a number of levels.

Diversity, equality & inclusion

Our diversity, equality & inclusion sub group has agreed a plan of action that enables the charity to further explore how we deliver and make our work ever more relevant to beneficiaries within marginalized and disadvantaged communities. As a prominent organisation in the youth sector we are looking to work in collaboration with others to influence change at a sectoral level.

Our Finances

Financial Review

Despite the obvious impact of the COVID Pandemic on our service delivery and the number of children and young people we had contact with, Young Bristol has seen further growth in its overall financial position with our Income totalling £1,099,459. As is shown in the Audited Accounts our income is derived from a range of sources which includes £528,449 self-generated income from charitable activities and £423,346 from other income. This latter figure includes a one-off settlement amount of £373,413 from Bristol City Council in respect of charitable land that was owned by Young Bristol, but compulsory purchased by Bristol City Council as part of the Bristol Rapid Transport Improvement Scheme. The market value of our investment income at year end was £1,066, with trading activity income due to COVID significantly down on previous years to £63,701. Through the support of our loyal donors our donations and legacies increased this past year to £82,897. This amount includes £45,128 in the form of endowment income from Quartet Community Foundation.

Young Bristol benefits from endowment income, paid quarterly, from a fund (the “Young Bristol Challenge Fund”) that is managed by Quartet Community Foundation. The Young Bristol Challenge Fund was raised between 2007 and 2009 and was established as a

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long-term sustainable source of income to meet part of the core operational costs of Young Bristol. The trustees note that while this provides a regular contribution towards the costs of administering and operating Young Bristol, the charity continues to confront an ongoing challenge to cover the core costs that are vitally important in enabling Young Bristol to meet the increasing needs of children and young people and to deliver the broad range of programmes and the impact that it achieves across the city.

Due to the restrictions of service delivery as a direct result of COVID our overall expenditure is down compared to previous years. Our expenditure totalled £697,961 of which £691,122 continued to be on charitable activities.

Young Bristol utilised the Government Furlough and Business Rate Schemes and we continue to develop a broad funding base which safeguards us against any one source of funding coming to an end. As evidenced above, our main sources of income funding come through donations, grants from trust and foundations, corporate donations, direct fundraising, selling of our services and income from an endowment. As evidenced in these accounts, the charity continues to be financially well managed generating an operating surplus of £404,992 when net gains/(losses) on investment totalling £3,494 are added. The trustees are planning to invest a large percentage of this surplus into a range of capital projects which will improve facilities at a number of our community youth clubs, as well as explore a range of new, longer-term income deriving services for the charity.

Charity accounting standards require charities to recognise income when it is received which means that grant income in the accounts will fluctuate from year to year and the related expenditure will often not appear in the same financial year as the income.

The trustees have undertaken a review of all of its assets and liabilities, including carrying out a cash flow analysis and have concluded that the charity is adequately resourced and remains a going concern with no immediate risk.

Trustee investment powers

Under the Articles of Association, the charity has power to invest funds and can delegate management of these investments to a financial expert. The charity currently has investments managed by Schroders and CCLA. The charity’s assets must be invested in accordance with the Trustee Act 2000 and investments authorised under the Financial Services and Markets Act 2000.

The Finance & General Purposes (F&GP) sub-committee has delegated authority from the Board to take decisions in relation to the use and management of reserves and investments, but is required to report any transactions in a timely manner to the full Board and in line with the charity’s Articles of Association.

Reserves Policy

The trustees have an approved reserves policy which is reviewed annually as part of its ongoing good governance and will be reflective of the charity’s work. In light of the recent

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COVID experience and to safeguard the charity going forward, the charity’s existing policy is to hold unrestricted reserves equivalent to at least six months operating costs.

Unrestricted reserves

Unrestricted funds and reserves increased to £947,941 at the end of March 2021 from £593,689 at the end of March 2020. This increase in unrestricted reserves is primarily due to the one-off settlement payment of £373,413 from Bristol City Council referenced earlier in this report.

The trustees have set a reserves policy that determines a desired range of free unrestricted reserves based upon future expenditure plans and the risks and opportunities inherent within our developing business strategy model. Free unrestricted reserves are deemed to be those readily available to support charitable activities in the event of unexpected reductions in income, cost increases and to provide a source of funds for planned investment in future years. This excludes any funds invested in fixed assets as these are not immediately accessible.

As at the end of March 2021 the charity has unrestricted reserves of £947,941, with six months core running costs of the charity estimated to be in the region of £400,000. On this basis the charity continues to be compliant with its current reserve policy. The trustees acknowledge the current level of reserves has shown in these Accounts is above its reserve policy target.

As Young Bristol emerges from the pandemic it has set an operating budget for 2021-22 that draws on unrestricted reserves, reducing them to more within the target range set by the trustees. During 2021-22, the trustees are desirous of utilising some of its current unrestricted reserves through a combination of capital investment in its community youth clubs and ensuring security of its core programmes. Furthermore, considering the unknown longer term impact the COVID Pandemic may have on the charity’s finances going forward feel it is prudent in the current economic climate to carry more than 6 months operating cost.

Restricted reserves

Restricted reserves are those reserves held by the charity which are required by law to be spent as directed by the donor or funder so cannot be used for any other purpose. At Year End, these stand at £77,094. By the nature of our business and the monies and funding we receive this figure will vary from year to year. The charity trustees and its senior management team carefully manage the inherent risk of holding restricted funding to ensure these funds are only used to support their intended purpose.

Main achievements and performance

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YB COVID-19 response

During the initial lockdown in March 2020, Young Bristol adapted quickly following Government and National Youth Agency guidance to suspend face to face delivery of its core programmes. We produced our own “Build Back Better” document that has been the key driver of our services during the main pandemic period. Throughout the pandemic we were part of the multi-agency response supporting children, young people and their families. Working closely with Bristol Public Health, Avon and Somerset Police, Bristol City Council and other voluntary sector agencies we were able to ensure our trained youth workers continued to be there either face to face, whilst observing socially distance guidance, on the end of a telephone or over Zoom. More details of the support we offered are highlighted in the section below. Young Bristol has learnt many lessons from going through the various lockdowns. We now have robust plans and procedures in place ensuring that we can continue to support children, young people and families during this current time.

Main highlights during 2020-21.

Organisational overview

The charity has worked with 2,025 children and young people during the past year in and around Bristol. This engagement is an amazing outcome considering the impact and restrictions of the pandemic, and highlights the power of the services and support that Young Bristol provides to children and young people throughout Bristol.

Young Bristol was honoured with The Queen’s Award for Voluntary Service in June 2020, the highest award a voluntary group can receive in the UK. Young Bristol was also finalist for The Team of Heroes Award at the Bristol Young Heroes Awards in 2021, and a finalist for the Charity of The Year Award at the 2021 Bristol Life Awards.

Young Bristol continues to support its staff, young people and volunteers to achieve various qualifications in a wide range of subjects as part of its ongoing investment in their personal and professional development.

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Programme overview

Below is a selection of our main achievements during this past COVID impacted year:

Our Impact in 2020-21:

2,025 young people supported by our programmes during COVID-19
69 interactive Boredom Buster videos produced by staff were viewed 20,492 times on our social media
629 face-to-face and online sessions delivered
56 qualifications awarded to young people aged 8 – 25 years
16 communities supported across the Greater Bristol area
4 new communities received youth provision during 2020-21

Of the young people we supported during 2020-21:

Throughout the 2020-21 lockdowns:

250 young people engaged with our detached youth work team in Bristol and BANES
204 young people received regular 1-2-1 support via SMS and phone calls
145 virtual sessions delivered during 2020-21
82 families in need received packs to support them to get online
9 families were supported weekly with food parcels from Broad Plain & Riverside Youth Project

We provided meaningful, educational and transformative opportunities online: • 47 nationally-recognised qualifications were awarded across our Creative Programmes in 2020/21

22 trainees ages 16 – 25 were supported online through our Outdoor Employment Programme supporting them to access future employment
8 young people continued to dedicate their time to making a difference through our Youth Voice programme
14 young people who don’t attend mainstream educational settings were supported through Broad Plain & Riverside Youth Projects ‘Alternative Learning Provision’
We provided 28 families with laptops and internet access to help support their educational needs
100% of 18 young people aged 10 – 15 at risk of anti-social behaviour rated their moods 5 out of 5 after completing our Positive Changes programme

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Responded in communities in and around Bristol:

• 686 young people were supported through 95 outdoor activity sessions providing them with new and unique experiences • 468 free meals were provided through 51 holiday clubs to help fight holiday hunger during the school holidays

• 453 contacts with young people through our youth club on wheels in communities with no previous youth services

• 206 young people were supported face-to-face at our 8 community youth clubs across Bristol

55 young people took part in social action projects which saw them make a difference in communities across South Bristol

Looking to the future

Since April 2021, Young Bristol’s programmes have re-engaged with young people face-toface at extraordinary levels:

11,191 contacts with young people during April – October 2021
903 face-to-face sessions delivered during April – October 2021
609 new young people attended Young Bristol’s programmes

Taking our learning forward

As we look to the future, we reflect on our work during the pandemic and the increasing need for youth services within our city. We will utilise our learning, evidence and conversations with young people and the wider community as we move forward to improve our services, and ensure that we continue to provide high quality outcomes which support young people to achieve great futures.

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Developing our strategy

To be launched in January 2022, Young Bristol has consulted with children and young people, our supporters, national bodies and stakeholders, together with the wider community in 2021 to explore how we can improve our services, aligning with national and city-wide youth service strategies. These conversations will help to shape Young Bristol’s strategy and development in the coming years, addressing the impact of the crisis on children and young people, and focussing on resilience to respond to future needs.

Keeping young people at the heart of what we do

We will continue to reinforce our core purpose, putting young people at the heart of everything that we do, by providing opportunities for personal and social development, skills for life, opportunities to grow, and pathways to employment; together with a safe space to connect with others. Young Bristol will listen to, empower and advocate young people’s unique voices to be heard and valued.

Equality, diversity and inclusion

Equality, diversity and inclusion are fundamental to our core purpose of helping every young person to discover what they’re capable of. Bristol is a vibrant, inclusive and diverse city. It is vital that we come together to ensure that young people have access to groups and activities in their community where they feel like they can belong.

As part of our ongoing review of operating cost and in light of working experience gained as a result of COVID, it is the charities intention to explore alternative office accommodation for it small central office team.

Structure, Governance and Management

Structure and Governance

The charity is a company limited by guarantee and governed by Articles of Association last updated dated December 2018.

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Registered Company number 00363502 (England and Wales)

Registered Company number

301681

Charity constitution

The governing body of the charity is the Board of trustees, who are also the directors for the purpose of company law. The Board meet at least four times per year. The Board elects a Chair for a term up to three years which may be renewed.

The Board consists of 14 trustees, which is the maximum allowed under its Articles of Association. Trustee appointments are for a term of up to three years and a trustee may ordinarily serve a maximum of two terms, with a third term possible if the Board determine it to be in the best interest of the charity.

Replacement trustees can be appointed directly by the remaining trustees at anytime during the year with their appointment confirmed at the charity’s AGM. When this situation arises, the Board set up a trustees recruitment sub group. Under the guidance of this sub group, the charity assesses the skills and experience it requires on the Board of Trustees and advertise opportunities to join the Board of Trustees using a variety of methods. Applications received are reviewed by the sub group and short-listed candidates are invited to meet with sub group members. If appropriate candidates are identified, the sub group will then recommend potential trustees to the Board, with full Board responsible for making appointments.

Each new trustee is inducted into their role and they are provided with copies of relevant Charity Commission documents. They also meet with the Chief Executive and Chair to better understand the programmes and work of Young Bristol and have the opportunity to visit beneficiaries of the charity and see our work on the ground.

The charity has effected from its funds and in its name a range of Insurances with a reputable insurance company, which includes charity trustee insurance to manage the charity’s exposure to financial loss due to unforeseen events occurring.

Organisational structure & standing committees

There is a small staff team employed by the charity and based at the registered offices of the charity. This staff team is led by its Chief Executive who reports to the Board of trustees.

In accordance with its Articles of Association the Board of Trustees can form sub groups for specific items or areas of work. The Board of Trustees does have one standing committee, this is known as the Finance & General-Purpose Committee and has its own terms of reference with delegated responsibilities agreed by the full Board.

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Key management personnel

A full list of individual trustees is contained within these audited accounts. The Board of Trustees appoint and supports the Chief Executive. The day to day running of the charity is delegated to and undertaken by the Chief Executive who operates under a scheme of delegation agreed with the Board of Trustees. The Chief Executive is supported by a senior management team which consists of its Development & Fundraising and Outdoor Activities & Programmes Managers.

No individual employee of the charity received remuneration exceeding £60K pa with the total gross salary cost of the three-person senior management team totalling £109,313k in the past financial year.

All trustees give of their time freely and no trustee received remuneration during the year under review.

The trustees review the pay of all employees on an annual basis, and normally consider increases in accordance with average earnings, subject to the financial position of the charity. In view of the nature of the charity, the trustees benchmark against pay levels in other charities of a similar size.

Risk management

The trustees and management of Young Bristol have carried out an evaluation of all risks to which the charity is exposed and, in particular, to those relating to its operations and finances. A risk register has been developed and is regularly reviewed and updated to support the Board of Trustees in evaluating risk. The Board of Trustees believe the most significant risks to the charity are around securing new funding as funders adjust to the longer term impact of the COVID Pandemic on the wider charitable sector. The Board of Trustees are very mindful of the need for a robust safeguarding environment and protocols for employees, including volunteers and young people. The Board of Trustees discuss safeguarding at all Board meetings and have appointed from its membership trustees with specific safeguarding accountability.

Financial risks include:

Lack of funding to sustain Young Bristol’s existing programmes
Financial loss suffered, or legal dispute entered into with regard to Young Bristol custodian trustee role with six properties leased from Bristol City Council
Over reliance on key funders to meet staff and project costs
Charity has insufficient cash flow to meet liabilities

Safeguarding

Young Bristol is committed to safeguarding at all levels of the organisation and this matter is discussed at Board level. Our commitment to safeguarding includes:

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• Having a comprehensive safeguarding and child protection policy which is reviewed externally on an annual basis and complies with all relevant legislation namely; Keeping Children Safe in Education (2018) and Working Together to Safeguard Children (2018).

Ensuring all staff and volunteers are trained in safeguarding and child protection.
Following safer recruitment practices when recruiting adult staff and volunteers.
Having all staff and volunteers complete and pass an enhanced DBS check.
A safeguarding management structure which includes an appointed Designated Safeguarding Lead and appointed Young Bristol trustees with responsibility for safeguarding and child protection.

We have experience managing complex safeguarding issues with young people, including those who have multi-agency involvement from social care, health services, local authorities and the police. We also have experience in responding within nationally and locally recognised guidelines, to new safeguarding disclosures, and working with other agencies to manage these.

These areas of risk, and all others, are regularly monitored and are mitigated by:

Agreeing a course of action and annual operating budgets with the Chief Executive
Working to expand funding resources and sources of income
Ensuring monitoring and evaluation procedures are implemented for all programmes and activities
Continuing to review Young Bristol’s custodian trustee responsibilities
Reducing the risk through continual revision on a regular basis of all policies and procedures
Seeking external professional guidance and support on all health and safety and safeguarding issues
Continuous monitoring of procedures and capturing learning from any complaint(s) or incident reporting
Taking out and maintaining appropriate insurance
Appointing an appropriate qualified Auditor to independently audit the charity’s income and expenditure on an annual basis.
Ensure Charity Commission and Companies House details are regularly updated concerning the trustees/directors of the charity along with relevant financial information.

In other areas of little or no risk, existing controls were found to be satisfactory although regular assessment of working practices will continue.

Registered Company number

00363502 (England and Wales)

Registered Company number

301681

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Registered office The Station Silver Street Bristol BS1 2AG

Trustees

C J Cameron N K Chambers (resigned 26.11.20) K T Hanid P V R Tasker L Everson R Geller (resigned 16.3.21) L Bigwood J M Webb Z Tomison S M O B Grant C L Jenkins J A Singleton (resigned 14.9.20) L N Pharoah C J C Wyld (appointed 16.3.21) M D Hammond (appointed 16.3.21) V Matthews (appointed 16.3.21) M R A Graham (appointed 16.3.21)

Company Secretary

L J Williams DL

Auditors

Moore Chartered Accountants and Statutory Auditor First Floor 29 St Augustine’s Parade Bristol BS1 4UL

Funds held as custodian for others

Young Bristol acts as custodian trustee for 6 properties managed by its Community Youth Clubs. The CEO has responsibility for the coordination and management and responds to initial enquiries from registered clubs. All records are secured in lockable cabinets and the legal documents are stored with Young Bristol legal advisors safe from fire, flood or other significant damage. Any exceptional custodian trustee issues are discussed by the Board of Trustees.

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Statement of Trustee’s responsibilities

The trustees (who are also the directors of Young Bristol for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to:-

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charity SORP;
make judgements and estimates that are reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

there is no relevant audit information of which the charitable company’s auditors are unaware; and
the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.

Auditors

The auditors, Moore, will be proposed for re-appointment at the forthcoming Annual General Meeting.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

................................................................. C J Cameron - Trustee

Page 21

Report of the Independent Auditors to the Members of Young Bristol

Opinion

We have audited the financial statements of Young Bristol (the ‘charitable company’) for the year ended 31 March 2021 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

give a true and fair view of the state of the charitable company’s affairs as at 31 March 2021 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors’ responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Page 22

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

the information given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statements; and
the Report of the Trustees has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records and returns; or
certain disclosures of trustees’ remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit; or
the trustees were not entitled to take advantage of the small companies exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Trustees.

Page 23

Responsibilities of trustees

As explained more fully in the Statement of Trustees’ Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Explanation as to what extent the audit was considered capable of detecting irregularities, including fraud

The objectives of our audit in respect of fraud, are; to identify and assess the risks of material misstatement of the financial statements due to fraud; to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement due to fraud, through designing and implementing appropriate responses to those assessed risks; and to respond appropriately to instances of fraud or suspected fraud identified during the audit. However, the primary responsibility for the prevention and detection of fraud rests with both management and those charged with governance of the company.

Our approach was as follows:

We obtained an understanding of the legal and regulatory requirements applicable to the company and considered that the most significant are the Companies Act 2006, Charities Act 2011, UK Financial Reporting Standards and UK taxation legislation.

We obtained an understanding of how the company complies with these requirements by discussions with management and those charged with governance.

Page 24

We assessed the risk of material misstatement of the financial statements, including the risk of material misstatement due to fraud and how it might occur, by holding discussions with management and those charged with governance.

We inquired of management and those charged with governance as to any known instances of non-compliance or suspected non-compliance with laws and regulations.

Based on this understanding, we designed specific appropriate audit procedures to identify instances of non-compliance with laws and regulations. This included making enquiries of management and those charged with governance and obtaining additional corroborative evidence as required.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Use of our report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditors’ report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Mark Powell (Senior Statutory Auditor) for and on behalf of Moore Chartered Accountants and Statutory Auditor First Floor 29 St Augustine’s Parade Bristol BS1 4UL

Date: .............................................

Page 25

Statement of Financial Activities For the year ended 31[st] March 2021

	Notes	Unrestricted fund £	Restricted funds £	31.3.21 Total funds £	31.3.20 Total funds £
INCOME AND ENDOWMENTS FROM
Donations and legacies	2	82,897	-	82,897	74,616

Charitable activities	5
Charitable activities		159,244	369,205	528,449	559,930

Other trading activities	3	63,701	-	63,701	269,942
Investment income	4	1,066	-	1,066	1,254
Other income	6	363,346	60,000	423,346	-

Total		670,254	429,205	1,099,459	905,742

EXPENDITURE ON
Raising funds	7	1,577	-	1,577	3,701

Charitable activities	8
Charitable activities		312,657	378,465	691,122	797,988

Other		5,262	-	5,262	3,840

Total		319,496	378,465	697,961	805,529

Net gains/(losses) on investments		3,494	-	3,494	(2,656)

NET INCOME		354,252	50,740	404,992	97,557

RECONCILIATION OF FUNDS
Total funds brought forward		593,689	26,354	620,043	522,486

TOTAL FUNDS CARRIED FORWARD		947,941	77,094	1,025,035	620,043

Page 26

Balance Sheet

For the year ended 31[st] March 2021

	Notes	Unrestricted fund £	Restricted funds £	31.3.21 Total funds £	31.3.20 Total funds £
FIXED ASSETS
Tangible assets	15	211,477	-	211,477	233,434
Investments	16	31,716	-	31,716	28,222

		243,193	-	243,193	261,656

CURRENT ASSETS
Debtors	17	9,623	-	9,623	23,909
Cash at bank and in hand		739,856	77,094	816,950	371,690

		749,479	77,094	826,573	395,599

CREDITORS
Amounts falling due within one year	18	(44,731)	-	(44,731)	(37,212)

NET CURRENT ASSETS		704,748	77,094	781,842	358,387

TOTAL ASSETS LESS CURRENT LIABILITIES		947,941	77,094	1,025,035	620,043

NET ASSETS		947,941	77,094	1,025,035	620,043

FUNDS	19
Unrestricted funds				947,941	593,689
Restricted funds				77,094	26,354

TOTAL FUNDS				1,025,035	620,043

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:

.............................................

C J Cameron - Trustee

Page 27

Cash Flow Statement

For the year ended 31[st] March 2021

	Notes	31.3.21 £	31.3.20 £
Cash fows from operating activities
Cash generated from operations	1	72,578	31,573

Net cash provided by operating activities		72,578	31,573

Cash fows from investing activities
Purchase of tangible fxed assets		(997)	(8,302)
Sale of tangible fxed assets		373,413	-
Interest received		266	381

Net cash provided by/(used in) investing activities		372,682	(7,921)

Change in cash and cash equivalents in the reporting period		445,260	23,652
Cash and cash equivalents at the beginning of the reporting period		371,690	348,038
Cash and cash equivalents at the end of the reporting period		816,950	371,690

Page 28

Notes to the Cash Flow Statement For the ear ended 31[st] March 2021 y

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Notes to the Cash Flow Statement For theyear ended 31stMarch 2021	Notes to the Cash Flow Statement For theyear ended 31stMarch 2021	Notes to the Cash Flow Statement For theyear ended 31stMarch 2021	Notes to the Cash Flow Statement For theyear ended 31stMarch 2021	Notes to the Cash Flow Statement For theyear ended 31stMarch 2021
1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
		31.3.21 £		31.3.20 £
Net income for the reporting period (as per the Statement of Financial Activities)		404,992		97,557
Adjustments for: Depreciation charges (Gain)/losses on investments Proft on disposal of fxed assets Interest received Decrease in debtors Increase/(decrease)in creditors		22,954 (3,494) (373,413) (266) 14,286 7,519		25,755 2,656 - (381) 6,009 (100,023)

Net cash provided by operations		72,578		31,573

2. ANALYSIS OF CHANGES IN NET FUNDS
	At 1.4.20 £		Cash fow £	At 31.3.21 £
Net cash
Cash at bank and in hand	371,690		445,260	816,950

	371,690		445,260	816,950

Total	371,690		445,260	816,950

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

Page 29

Notes to the Financial Statements For the year ended 31[st] March 2021

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

Going Concern

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Page 30

Land and buildings

Land and buildings purchased by or gifted to Young Bristol have been provided to various affiliated Young People’s Clubs for their use in perpetuity and rent free. Land and buildings are shown in the balance sheet at cost.

No depreciation is provided on freehold buildings as the residual value is greater than the cost and therefore charging no depreciation is deemed appropriate.

Other tangible fixed assets

Depreciation is provided on all tangible fixed assets other than on freehold buildings at rates calculated to write off the costs, less estimated residual value, of each asset over its expected useful life as follows:

Office furniture and equipment 25% on cost Motor vehicles 20% on cost

Club and activity equipment 25% on cost

Leasehold land & equipment length of lease, 5 years

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension contributions

Pension contributions are paid on behalf of certain employees to the Teachers Pension Scheme, a defined contribution scheme. Contributions are recognised as they fall due. Non-teaching staffs are eligible for participation in a stakeholder pension scheme managed by Friends Provident and a workplace pension scheme managed by NEST.

Page 31

Investments

Investments are included in the balance sheet at market value. Both realised and unrealised gains or losses in the value of investments arising during the year are dealt with as movements of funds. Income from investments is included when receivable.

Affiliated Clubs

Young Bristol’s financial statements at 31 March 2021 do not consolidate the results of clubs and organisations affiliated to Young Bristol.

Commitments

The charitable commitments, assets and liabilities of specific projects are dealt with in separate funds.

Grants

Grants, including grants for the purchase of fixed assets, are recognised in full in the Statement of Financial Activity in the year in which they are received unless there are specific performance objectives attached in line with the charity SORP.

Subscriptions and donations

Subscriptions and donations are shown inclusive of income tax recoverable when payments have been received under deed of covenant. Donations of tangible assets are included in the financial statements at valuation.

Voluntary help and donations-in-kind

Donations in the form of voluntary help and services-in-kind are not valued in the income and expenditure financial statements. The Trustees do not believe that these donations can be quantified.

Resources Expended

Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which cannot be recovered.

Page 32

2. DONATIONS AND LEGACIES	2. DONATIONS AND LEGACIES	31.3.21 £	31.3.20 £

Donations		82,897	74,616



3. OTHER TRADING ACTIVITIES		31.3.21 £	31.3.20 £

DBS checks		5,736	16,020
Fundraisingevents		29,520	80,223
Activities & Travel		9,076	118,217
Salaryrecharges		-	23,534
Other income		19,369	31,948

		63,701	269,942

~~4 INVESTMENT INCOME~~
~~.~~		~~31321~~	~~31320~~
		~~..~~ £	~~..~~ £

Dividends		800	873
Deposit account interest		266	381

		1,066	1,254

5. INCOME FROM CHARITABLE ACTIVITIES		31.3.21 £	31.3.20 £

Grants	Charitable Activities	528,449	559,930



		2021	2020
Programme		166,586	282,013
Club Network		215,817	207,917
Thirdparty grants		88,005	70,000
Headquartergrants		58,041	-

		528,449	559,930

Page 33

6. OTHER INCOME	31.3.21 £	31.3.20 £

Gain on sale of tangible fxed assets	373,413	-
Governmentgrants	49,933	-

	423,346	-

Other income includes a one-off settlement amount of £373,413 from Bristol City Council in respect of charitable land that was owned by Young Bristol, but compulsory purchased by Bristol City Council as part of the Bristol Rapid Transport Improvement Scheme.

7. RAISING FUNDS	7. RAISING FUNDS	31.3.21 £	31.3.21 £	31.3.20 £	31.3.20 £
Raising donations and legacies
Fundraisingexpenditure		1,577		3,701

8. CHARITABLE ACTIVITIES COSTS	Direct Costs £		Grant funding of activities (see note 9) £		Totals £

Charitable Activities	603,117		88,005		691,122


		2021 £		2020 £
Wages		297,239		382,924
Social Security		20,712		22,062
Pensions		21,291		19,664
General Ofce		234,470		227,191
Programme Costs		29,405		110,611
Management charges		-		1,275
Third Party grants		88,005		33,000

		691,122		796,727

Page 34

31.3.21 £ 31.3.20 £ Charitable Activities 88,005 33,000 9. GRANTS PAYABLE	31.3.21 £	31.3.20 £
	88,005	33,000

10. SUPPORT COSTS	costs £
Governance
Other resources expended	5,262

11. NET INCOME/(EXPENDITURE)

11. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):	31.3.21 £	31.3.20 £

Auditors’ remuneration	5,262	5,100
Depreciation - owned assets	22,954	25,755
Surplus on disposal of fxed assets	(373,413)	-

12. TRUSTEES’ REMUNERATION AND BENEFITS

There were no trustees’ remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.

Trustees’ expenses

There were no trustees’ expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020.

31.3.21 £ 31.3.20 £ Wages and salaries 297,239 382,924 Social securitycosts 20,712 22,062 Otherpension costs 21,291 19,664 339,242 424,650 13. STAFF COSTS	31.3.21 £	31.3.20 £
	339,242	424,650

Page 35

The average monthly number of employees during the year was as follows:

	31.3.21	31.3.20

Management	1	1
Project staf	11	22
Club based staf	11	11
Administration	2	2

	25	36

No employees received emoluments in excess of £60,000.

Key management personnel remuneration for the year ended 31 March 2021 was £140k (2020: £135k).

14. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

	Unrestricted fund £	Restricted funds £	Total funds £
INCOME AND ENDOWMENTS FROM
Donations and legacies	74,616	-	74,616

Charitable activities
Charitable Activities	6,531	553,399	559,930

Other tradingactivities	269,942	-	269,942
Investment income	1,254	-	1,254

Total	352,343	553,399	905,742


	Unrestricted fund £	Restricted funds £	Total funds £
EXPENDITURE ON
Raisingfunds	3,701	-	3,701

Page 36

	Unrestricted fund £	Restricted funds £	Total funds £

Charitable activities
Charitable Activities	172,009	625,979	797,988

Other	3,840	-	3,840

Total	179,550	625,979	805,529

Netgains/(losses)on investments	(2,656)	-	(2,656)

NET INCOME/(EXPENDITURE)	170,137	(72,580)	97,557



RECONCILIATION OF FUNDS

Total funds brought forward	423,552	98,934	522,486

TOTAL FUNDS CARRIED FORWARD	593,689	26,354	620,043



15. TANGIBLE FIXED ASSETS	Freehold property £	Long leasehold £	Fixtures and fttings £
COST
At 1 April 2020	150,000	25,529	3,273
Additions	-	-	997

At 31 March 2021	150,000	25,529	4,270

DEPRECIATION
At 1 April 2020	-	25,529	818
Charge foryear	-	-	1,068

At 31 March 2021	-	25,529	1,886

NET BOOK VALUE
At 31 March 2021	150,000	-	2,384

At 31 March 2020	150,000	-	2,455

Page 37

	Motor vehicles £	Computer equipment £	Totals £
COST
At 1 April 2020	113,297	17,238	309,337
Additions	-	-	997

At 31 March 2021	113,297	17,238	310,334

DEPRECIATION
At 1 April 2020	36,090	13,466	75,903
Charge foryear	20,628	1,258	22,954

At 31 March 2021	56,718	14,724	98,857

NET BOOK VALUE
At 31 March 2021	56,579	2,514	211,477

At 31 March 2020	77,207	3,772	233,434

Young Bristol also holds the following properties as custodial trustees on behalf of the organisations listed:

Property:

Held on behalf of:

Sidings Cottage, Abergavenny, Gwent. Manor Farm Boys Club-charity no: 273683 Land off Silbury Road, Ashton Vale, Bristol. Ashton Vale CYP -charity no: 1057399 Land & property at Filton Avenue, Bristol. Pyramid Youth Club-charity no: 275508 Land & property at Clement Street, Bristol. Broad Plain & Riverside Youth Project - charity no: 1163399

These are included at nominal value. The objects of the charities and organisations are to provide personal and social development opportunities for young people. The solici -tors of Young Bristol hold the deeds to these properties.

Page 38

16. FIXED ASSET INVESTMENTS


~~16. FIXED ASSET INVESTMENTS~~	Listed £
Investments MARKET VALUE
At 1 April 2020	28,222
Revaluations	3,494

At 31 March 2021	31,716

NET BOOK VALUE
At 31 March 2021	31,716

At 31 March 2020	28,222

There were no investment assets outside the UK.

Cost or valuation at 31 March 2021 is represented by:

Cost or valuation at 31 March 2021 is represented by:
	Listed £
Investments
Valuation in 2021	31,716

17. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

17. DEBTORS: AMOUNTS FALLING DUE WITHIN	ONE YEAR
	31.3.21 £	31.3.20 £
Trade debtors	9,353	13,747
Prepayments and accrued income	270	10,162

	9,623	23,909

Page 39

18. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

	31.3.21 £	31.3.20 £
Trade creditors	10,428	4,399
Social securityand other taxes	6,707	6,893
Other creditors	1,025	843
Accruals and deferred income	19,519	17,573
Accrued expenses	7,052	7,504

	44,731	37,212

Deferred income comprises of income received in the current financial year which is specifically for the next financial year. The amount comprises of:

19. MOVEMENT IN FUNDS	At 1.4.20 £	Net movement in funds £	At 31.3.21 £
Unrestricted funds
General fund	593,689	354,252	947,941

Restricted funds
Riverside Park	17,094	-	17,094

Restricted -programmes	9,260	(9,260)	-

Club Support Network	-	60,000	60,000
	26,354	50,740	77,094

TOTAL FUNDS	620,043	404,992	1,025,035

Page 40

Net movement in funds, included in the above are as follows:

	Incoming resources £	Resources expended £	Gains and losses £	Movement in funds £	Movement in funds £
Unrestricted funds
General fund	670,254	(319,496)	3,494	354,252

Restricted funds
Restricted -programmes	241,518	(250,778)	-	(9,260)
Club Support Network	187,687	(127,687)	-	60,000

	429,205	(378,465)	-	50,740

TOTAL FUNDS	1,099,459	(697,961)	3,494	404,992


Comparatives for movement in funds
		At 1.4.19 £	Net movement in funds £		At 31.3.20 £
Unrestricted funds
General fund		423,552	170,137		593,689

		At 1.4.19 £	Net movement in funds £		At 31.3.20 £
Restricted funds
Riverside Park		17,094	-		17,094

Restricted -programmes		81,840	(72,580)		9,260

		98,934	(72,580)		26,354

TOTAL FUNDS		522,486	97,557		620,043

Page 41

Comparative net movement in funds, included in the above are as follows:

	Incoming resources £	Resources expended £	Gains and losses £	Movement in funds £
Unrestricted funds
General fund	352,343	(179,550)	(2,656)	170,137

Restricted funds
Restricted -programmes	318,203	(390,783)	-	(72,580)
Club Support Network	235,196	(235,196)	-	-

	553,399	(625,979)	-	(72,580)

TOTAL FUNDS	905,742	(805,529)	(2,656)	97,557

A current year 12 months and prior year 12 months combined position is as follows:

	At 1.4.19 £	Net movement in funds £	At 31.3.21 £
Unrestricted funds
General fund	423,552	524,389	947,941

Restricted funds
Riverside Park	17,094	-	17,094
Restricted -programmes	81,840	(81,840)	-
Club Support Network	-	60,000	60,000

TOTAL FUNDS	522,486	502,549	1,025,035

Page 42

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

	Incoming resources £	Resources expended £	Gains and losses £	Movement in funds £
Unrestricted funds
General fund	1,022,597	(499,046)	838	524,389

Restricted funds
Restricted -programmes	559,721	(641,561)	-	(81,840)
Club Support Network	422,883	(362,883)	-	60,000

	982,604	(1,004,444)	-	(21,840)

TOTAL FUNDS	2,005,201	(1,503,490)	838	502,549

UNRESTRICTED FUNDS

General fund

The purpose of the General fund is to meet the general operating expenses of Young Bristol including staff costs. These expenses are met by subscriptions, donations, fundraising events and grants. The General fund is independent of the Special funds, although, from time to time and where the constitution permits, grants may be received from Other funds to help defray operating expenses.

RESTRICTED FUNDS.

Riverside Fund

This fund was established to provide facilities at the Broad Plain & Riverside Youth Pro -ject in Bristol. It also represents transactions undertaken on behalf of the Riverside Club.

Restricted income Fund

During the year, Young Bristol received funding to deliver specific projects, the details of which are shown in the movement in funds above.

20. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2021.

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21. AFFILIATED ORGANISATIONS

Young Bristol operates through autonomous affiliated clubs and organisations in the for -mer County of Avon. Young Bristol provides support to the management committees of these clubs, and access to activities organised by Young Bristol, and other organisations.

At 31 March 2021 the following organisations were affiliated to Young Bristol:

Ashton Vale CYP

Avon YC Broad Plain - Working for Young People Garraway Youth & Community Club Hartcliffe CYP Manor Farm Boys’ Club Pyramid Youth Club Riverside Youth Project Sea Mills Boys & Girls Club St Silas CYP

The Grove at Bedminster Down

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Detailed Statement of Financial Activities For the year ended 31[st] March 2021


INCOME AND ENDOWMENTS Donations and legacies Donations	31.3.21 £	31.3.20 £
	82,897	74,616

Other trading activities
DBS checks	5,736	16,020
Fundraisingevents	29,520	80,223
Activities & Travel	9,076	118,217
Salaryrecharges	-	23,534
Other income	19,369	31,948

	63,701	269,942

Investment income
Dividends	800	873
Deposit account interest	266	381

	1,066	1,254

Charitable activities
Grants	528,449	559,930

Other income
Gain on sale of tangible fxed assets	373,413	-
Governmentgrants	49,933	-

	423,346	-

Total incoming resources	1,099,459	905,742

This page does not form part of the statutory financial statements.

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EXPENDITURE
Raising donations and legacies
Fundraising expenditure	1,577	3,701
Charitable activities
Wages	297,239	382,924
Social security	20,712	22,062
Pensions	21,291	19,664
General ofce	234,470	227,192
Programme costs	29,405	110,611
Management charges	-	1,275
Third party grants	88,005	33,000
	691,122	796,728
Support costs
Governance costs
Auditors’ remuneration	5,262	5,100
Total resources expended	697,961	805,529
Net income before gains and losses	401,498	100,213
Realised recognised gains and losses
Realised gains/(losses) on fxed asset investments	3,494	(2,656)
Net income	404,992	97,557

This page does not form part of the statutory fnancial statements. i

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