Yatton House Societ Charit Number 511721 Flnancial Statements for the Year Ended 31st March 2024 Draycott & Kirk LLP Chartered Accountants Cleveland House 92 Westgate Guisborough Cleveland TS14 6AP
Yatton House Societ Charit Number 511721 Year End 31 March 2024 Index to financial statements Independent Examiners Report Statement of Financial activities Balance Sheet Notes To The Financial Ststements
Independent ExamlneVs Report to the Trustees of Yatton House Society I report on the accounts of the charity for the year ended 31 March 2024 which are set oul on pages 2 10 5 Respective re5ponsibllitles of trustees and examiner The charity'5 Irustees are spOnsle for the preparation of the accounts. The charity s trustees consider that an audit is not required for this year under section 144(2} of Ihe Charities Act 2011 Ilhe 2011 Act) and that an independent examination is needed. It is my responsibility to.. examine Ihe accounts under section 145 oflhe 2011 Acl- follow the procedures laid down in the general Directions given by the Charity Commission under section 14515)(b) of the 2011 Act- and slate whether particular mallers have come lo my atteniion. Basis of independent examiner's report My examination was carried out in accordance with the general Direclions given by the Charity Commission, An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. 11 also include5 consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees conceming any such matters. The procedure5 undertakèn do not provide all the evidence that would be required in an audil and consequently no opinion is given as lo whether the accounts present a "true and fair view" and the report is limited lo those matlers set out in the statement below. Independent examlnels statement In conneGtion with my examination, no matter has corne to my att8ntion: which gives me reasonable cause io believe that. in any malerial respect, the requirements.. to keep accounling records in accordance with section 130 of thè 2011 A¢t; and lo prepare accounts which accord with the a¢counting records and comply with the accounting requirements of the 2011 Act have not been mel: or lo which, in my opinion, 811ention should be drawn in order to enable a proper understanding of the 8¢counls to be reached. R Kirk CharteredAccounlant Dr8yCOtt & Kirk LLP Cleveland Hous& 92 Weslgate Guisborough TS14 6AP Date ,I,/%y Page 1
Yatton House Socie Chari Numbèr 511721 Statement ot Financial Activities Year End 31 March 2024 Unrestricte( Restricted funds funds Note 2024 2023 Incomin resources Fees 202.298 202.298 149,014 Donalionsllegacieslgrants 2,836 9.317 12.153 57,578 Fundraising 2,034 2.034 4,435 Interest 1,327 1.327 534 Enterprise income 3,548 3,548 2.818 Gift Aid 1.800 TOTAL INCOMING RESOURCES 212.043 9,317 221,360 215,979 Resources Ex ended Services & utilities 13.207 13,207 11,536 Salaries 138,854 138,854 111,453 Maintenance & equipment 7,269 7.269 4,339 Office expenses 6,980 6,980 5,364 Insurance 6.426 6,426 5,252 Printsng 3.032 3,032 3,049 Building inprovements 680 79,413 80,093 28,S75 Depreciation 273 273 308 Sundrles 1.633 1,633 1.394 TOTAL RESOURCES EXPENDED 178,354 79,413 257,767 171,270 NET INCOMINGI OUTGOING RESOURCES 33.689 70.096 36,4071 44,709 Net movement in Funds 33.689 (70,096) (36,407) 44,709 Funds transferred (8,456) 8,456 Funds Balance Brought Forward 80,329 69,443 149,772 105.063 Funds balance Carried Forward 105,562 7.803 113,365 149.772 Page 2
Yatton House Societ Chari Number 511721 Balance Sheet as at 31 March 2024 Note 2024 2023 Fixed Assets Tangible Assets Current Assets Cash at bank and in hand Debtors 2,289 2,562 100.877 12,619 142,089 7,901 113.496 149,990 Cu rrent Liabilities Amounts falling due within one year 2.420 2,780 NET CURRENT ASSETS 111.076 147,210 NET ASSETS 113,365 149,772 Income Fund Restricted funds 7,803 69,443 Unrestricted funds 105,562 80,329 Total funds 113,365 149,772 Signed date Page 3
Yatton House Socie Chari Number 511721 Notes to the financlal statements for the earend 31 March 2024 1. General Infomiatlon and basis of re aration The charity conslilules a publiG benefit enlily as defined by FRS 102. The financial slatemenls have been prepared in aordan Accounting and Reporting by Charities.. Stamenl of Recommended practice applicable lo charities preparing Iheir accounls in accordance with the Finanaal Reporting Slandard applicable in the Uk and Republic of Ireland (FRS 102) issued on 16 JLEly 2014 (as updated through update bulletin 1 publish on 2 February 2016), the Finanaal Reporting Standards applicable in the United Kingdom and Republic of Ireland (FRS 102) and UK Generally accepted prac11 as il applies from 1 January 2015. The ¢harily has applied update bulletin 1 as published on 2 February 2016 and does not indude cash flow stslemenl on the grounds il is applying FRS 102 Section 1A. The Financial slalemenls are ppared on a going enncem basis under the historical cost convention. The Financial statements are presented in sterting whth is the functional ¢urrency of Ihe charity and rounded lo the neast pound. The significant acLounling policls applied in the preparation of the financial slalernenls are sel out below. These policies have been applied to all years shown unless otherwise slated. The ¢harily adopted SORP IFRS 102 in the current year and no transition adjuslmenls were required. b Funds unstrICted funds aR available lor use al the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other pufposes. Reslricled funds afe funds which are to be used in accordan wilh specific restrictions imposed by donors or which have been raised by the Charity for particular pUoSe$. The cost of raising and dminislratin9 such funds are charged against the specifi¢ lund. The aim and use of each restricted fund is set out in the notes lo the accounts. c. All grants and voluntary income are accounted for gross when re1Vable. as long as they a capable of financial measurement. Gifts n kind have not been capable of measuremenl and are not included. d. All expenditure 18 accounted lor gross, and vthen Incur. e. Fixed Assets are included at cost. There are no uncapit81ised Fixed Assels. f. Depreeialion is provided to wite off the cost of all fixed assets on the folloNMng basis-. Buildings Equipment g Debtors and creditors wlh no slated interest rate and receivable or payable within one year a re¢orded at transaction price. Any1055es arising from impaiment are recognised in expendi1ure. 10% of reducing vabje 20% of reducing value 2. Donatlons and Le acles 2024 2023 Donations Legacies 2,292 14,646 2,292 14.646 3. Grants Receiva 2024 2023 Others under £5000 COOP Community Fund Bernard Sunley Foundation Rank Foundation -Pebbles HDC National Lottery Edward Goslling Foundation Margaret Mawslon Environment81 Trust Newcaslle BS Community Fund NYCC Locality Budget Mencap FunD Arnold Clark Community Fund Two Ridings Community Foundation 1,000 7.221 5,000 5,000 2,550 2,802 10,OOQ 5.000 1,596 3,000 3,000 750 1,000 4,830 42,932 9,817 Page 4
Yatton House Socle Chari Notes to the financlal statements for th Number S11721 ear end 31 March 2024 4.Em ee Emoluments Total Emoluments 2024 2023 138,854 111,453 Average number of employees All staff employed by the charity. There are a number of voluntary helpers who reeeive no emoluments or expenses. No staff received emoluments over £60,1)00. 5. Truste No remuneration or eynses were paid to Trustees in year. 6. Tan ible Fixèd A sets Buildin Extensions Tot81 Cost 95,879 35.340 131.219 NET COST 95.879 35.340 131,219 De recialion Al 1 Apiil 2023 Charge for th8 Year 93.485 239 35.172 128.657 273 31 March 2024 93.724 35.2C6 128,930 Net B k Value At 31 March 2024 2,155 134 2.289 At 31 March 2023 2.394 168 2,562 7. Debtor Amounts due within one year 2024 4.686 7.953 12.619 Prepayments Oiher deblotS 8. Credltors Amounts due within one year 2024 2,420 2,420 Accruals & deferred in¢orne Page 5
Yatton House Socie Charl Number 511721 Notes to the flnancial statemenls for the ear end 31 March 20Z4 9. Funds enin balance Incomin iesources oin resources Closin Iransfers balance Unrestricted Funds 80,329 212,043 1178,3541 8,4) 105.562 Restrlcted funds 69.443 9.317 79.413 8,456 7.803 Restricted funds are donations and grants towards improvement of the buildiTh3. Funds were transferred from unreslitled funds toward the building improvemenls. 10. Anal sls of funds b assets Unr stricled Reslricled Fixed assets Current assets Currenl liabilitie5 2,289 105,693 2,420 7.803 105.562 7.803 Transactions wlth trustees and connected ers During the year there was no transactions with Iruslees or connectsd persons. 12. Trustee indemnit rance During the year,insurance was purchased lo indemnify Iruslee5 againsi default in I1r part. Page 6
ChaÈrman's Annual Report- 2023 12024. Introduction: As Chairman of Yatton House society it is a privilege to once again present the Annual Report. Let me stress how grateful l am to be given the opportunity to be involved in making a difference and improving the lives of everyone who uses the services we provide. Yatton House develops learning opportunities for indNiduals with learning and or physical disabilities who live in the North Yorkshire, Redcar & Cleveland, and Teesside areas. We deliver an outcome focused curriculum by initiating and organising activitie5 aimed at maximising individual progression. I have previously mentioned the many challenges we face. not least because the existing building and facilities needed urgent repair and improvement. However, through your support l am pleased to report that we have continued to make tremendous improvements to both the interior and exterior of the building. Our Workforce: l am confident that you will agree with me that the appointment of Jonathan Stephenson as Service Manager in 2019 has led to a significant irnprovement in all aspects and quality of the services we provide. The expectalions and requirements of Regulations and Quality Assurance of service provision are such that the Trustees decided that extra support was required to the Senior Leadership Team. Therefore, we have taken the opportunity to undertake a staffing restructure with the appointment of Chris Reeve as Assistant Mana8er- Administration and Funding- and Sam Nicholson - Assistant Manager- Operations. Together with Jonathan they make up the Senior Leadership Team. These are significant appointments which will take Yatton House forward Operattonally we also have a strong team of Support Workers, and the Trustees would wish to thank Llz Pollard, Ann Malcolm-Duff, Britt Scurr, Stephanie Gray and Carole Robinson for their commitment and dedication in the delivery of activities aimed at promoting well-being and providing opportunities for our members to learn new life skills. We have a team to be proud of and although there are still many challenges ahead, l am confident that they will give Jonathan their full support. We also said farewell and wished Paul Suggitt a happy retirement. Paul was very popular with the members and an asset to the running of the Centre and will be missed. Refurblshment Projects: Following on from our very successful first 4 Phases of our refurbishment programme, which has considerably Improved accessibility, completely renovated the exterior of the building, significantly enhancing its insulation, refurbished toilet facilities, created a changing places room and provided a new skills kitchen, we are pleased to be progressing with Phase 5, which will create a new activity room and refurbish the flat roof above providing additional insulation qualities. Communlty Garden. l am also confident that you will agree that the creation of the Community Garden has been a huge success, and we have been fortunate to secure additional funding this year from the Co-op Community Fund. The development of the Community Garden has been achieved through the work of volunteers, The Brighten up Great Ayton Group, Climate Action Stokesley and Villages, Kings Academy School, Middlesbrough College, members of Middlesbrough Erimus and other local Rotary Clubs. The feedback from the public has been very positive, and we look forward to involving a local Primary School next year. Learnlng Pathways: The introduction to our"Learning Pathways" has been well met and members continue to work towards individual outcomes and are awarded -Leaf Awards" to recognise their accomplishments. Members are registered on either our Well-being, Independence or Enterprise and Employment Pathways. It was a highlight of the year to invite Parents and Carers to share in an awards ceremony. Flnance: Included with this Annual Report are copies of the Financial Statement for the Year ended 31 March 2024. You will see that there is a (small) surplus of income against expenditure and the Trustees are especially grateful to local authorities for continuing to provide financial assistan. Where necessary, a small amount of this surplus will be used to finance building improvements. Income shown in "restritted funds refers to donations and grants solely given ft)r specifi'c building improvements.
We are very grateful to all donors who have provided funding for previou5 building works and to donors who are providing monies for Phase S including The National Lottery Community Fund, The Jack Brunton Charitable Trust, The Bernard Sunley Foundation and The Garfield Weston Foundation. You will see on page 4 of the Financial Statement further details of the donors are shown. Sincere thanks for your tremendous support. Trustees: My thanks go to the Trustees for their invaluable support. To Terry Sutcliffe, Vice - Chairman especially for his experbse and hard work regarding the refurbishment to the building, and on your behalf a big thank you to the Trustees- Marion Busfield and Carol Webster- for their hard work and the conscientious manner in which they carry out their responsibilities. My grateful thanks to the many volunteers who give up their free time to support the work we undertake. Thank5 again to the many organisations and individuals who have made generous financial donations which are absolutely invaluable to the future well-being of Yatton House. We must continue to work hard to irnprove the services to our members and with the support of parents and carers, staff, trustees and the many volunteers l am confident we will continue to move forward and deliver services we can all be proud of. Sincerely, David Jackson, Chairman, Yatton House Society, October 2024