WHALLEY RANGE YOUTH OPPORTUNITY ASSOCIATION
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022
REGISTERED CHARITY NO. 512666
| INDEX | |
|---|---|
| Page | Contents |
| 1-4 | Report of the Trustees |
| 5 | Independent Examiner's Report |
| 6 | Statement of Financial Activities |
| 7 | Balance Sheet |
| 8 | Statement of Cash Flows |
| 9-15 | Notes to the Accounts |
1
WHALLEY RANGE YOUTH OPPORTUNITY ASSOCIATION
Report of the trustees for the year ended 30[th] September 2022
The trustees present their annual report and financial statements of the charity for the year ended 30[th] September 2022. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s trust deed, the Charities Act 2011 and 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 published (FRS 102) (effective 1 January 2019).
Reference and administrative information
Charity Name: Whalley Range Youth Opportunity Association Charity Number: 512666
Structure, governance and management
The Charity is a registered charity (26[th] May 1982) and is set up under a constitution dated 8[th] October 1981 (amended 8[th] June 2005).
Trustees (Management Committee)
The members of the management committee during the year were:
R Walker (Chair) I Ahmed (Vice Chair) C Packham (Treasurer) W Williams M Gibson
Principal Office
JNR8, 82 Cromwell Avenue Whalley Range Manchester, M16 OBG
Independent Examiners
Community Accountancy Service Limited The Grange, Pilgrim Drive Beswick, Manchester M11 3TQ
Bankers
Unity Trust Bank Nine Brindley Place 4 Oozels Square Birmingham B1 2HB
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WHALLEY RANGE YOUTH OPPORTUNITY ASSOCIATION
Objectives and activities
The purposes of the charity are to help and educate young people through their leisure time activities so to develop their physical, mental and social capacities that they may grow to full maturity as individuals and members of society and that their conditions of life may be improved.
A review of our achievements and performance: How our activities delivered public benefit
Our activities and numbers have returned to pre-Covid provision, with the exception of the girls night. We have a focus on health and wellbeing, running Thai boxing, fitness, cooking,art activities as well as trips and the holiday playschemes.
Covid restrictions meant that the young people could not complete their Duke of Edinburgh award. Several participants have now moved on and a new team has been recruited and a new staff leader is being trained.
We have a new cohort of young people, with an average of 60 males and 20 females attending each month. It continues to be difficult to attract secondary school aged young women and girls. The school holiday playschemes continue to prove popular, drawing a balance of half/half male to female of the 6-12 year old group, around two thirds of whom are of Pakistani origin and live in Whalley Range. The 4 week summer 22 scheme had 84 children registered.
Celebrate
We are a key partner in the festival and were involved in running , obtaining funding and volunteers and planning the return to the festival day in Manley Park in June, 25 years since our first festival. Our staff and young people assist on the festival day, and provide a Thai boxing display on the main stage
Staffing
Our core team continues and we have recruited two extra sessional youth work staff one as lead youth worker, who have both been involved with us as volunteers. The staff team and young people attending reflect the diversity of our local community.
We provide on going training, such as First Aid, Food Hygiene, Safeguarding, and Youth Work levels 2 and 3.
We encourage young people to volunteer and provide certification for hours completed
The project has felt the lack of administrative support, especially in relation to monitoring.
Funding
Funding has been primarily from an additional Covid recovery grants from Children in Need ( to April’23) and Young Manchester/ now Manchester City Council (to March 23). Playschemes and Celebrate received funding from Awards for All, plus other small grants from Manchester City Council.
Many funding applications were unsuccessful, on the basis they were good but overs subscribed, particularly in our area.
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WHALLEY RANGE YOUTH OPPORTUNITY ASSOCIATION
We continue to share the JNR8 building, primarily with the Forum, and have been benefiting from the refurbished kitchen and our separate office space.
We continue to receive regular gift aided donations from local businesses and traders, and our ongoing management committee are all local people.
Plans for future periods
The girls group will be re-established and a more diverse range of activities carried out across the nights, reducing the emphasis on exercise and combat sports.
The Duke of Edinburgh Award will continue and residentials undertaken.
Financial review
The Association had total income of £133,115 (2021: £66,793) during the year and expenditure of £104,358 (2021: £75,915). The net movement in funds was an overall surplus of £28,757 (2021 a deficit of £9,122).
Investment powers and policy
Monies not required for day to day use are kept in interest bearing deposit accounts.
Reserves policy and going concern
The balance held in unrestricted reserves at 30[th] September 2022 was £33,295 (2021: £19,192) of which £33,037 (2021: £18,676) are free reserves, after allowing for funds tied up in tangible fixed assets.
The Trustees aim to maintain free reserves in unrestricted funds at a level which equates to between three and six months of unrestricted charitable expenditure. The Trustees consider that this level will provide sufficient funds to maintain current activities in the short term in the event of a significant drop in funding.
The Trustees consider it appropriate for the accounts to be prepared on a going concern basis.
Risk management
The Trustees have conducted a review of the major risks to which the charity is exposed and systems have been established to mitigate those risks.
Trustee induction and training
All Trustees receive induction information and training as appropriate to their needs and there is an opportunity to access on-going training for personal development.
WHALLEY RANGE YOUTH OPPORTUNITY ASSOCIATION Trustees, responsibilitie5 in relation to the flnanclal statements The charity trustees are responsible for preparinE a trustees, annual report and financial statements in accordance with applicable law and United Kin8dom Accounting Standards (United Kingdom Generally Accepted Accounting Practicel. The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the tharity for that period. In preparing the financial Statements, the trustees are required to.. Select suitable accounting principles and then apply them consistently; Observe the methods and principles in the applicable Charities SORP., Make judgments and estimates that are reasonable and prudent.. State whether applicable accounting standards have been followed. subjert to any material departures that must be disclosed and explained in the financial statement5,' Prepare the financial statements on a going concern basis unless it 15 appropriate to presume ihat the charity will continue in business. The trustee5 are responsible for keeping proper accounting record5 that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financi31 statements comply with the Charities Act 2011, the applicable Charities IAccounts and Reportsl ReEuSations. and the provision of the Trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable Steps for the prevention and detection of fraud and other irregularities. Approved by the trustees on 14" March 2023 and signed on their behalf bv.. R Walker CHAIR of TRUSTEES
INDEPENDEiYf EXAMINERS REPORT TO THE TRUSTEES OF WIIALLEY RANGE YoirrH OPPORTUYtTY ASSOCIATION REGISTERED CHARITY NO. 512666 I report on the accounts ofthe charity, forthe Year Ended 30 September 2022 which aff set out on pages 6 to 15. Respeetive Responsibilities of Trustees and Examiner The charity's truste¢s gre responsible for th¢ preparation of the aceounts. The charily trustees considerthat an audit is not required for this year under section 144(2) ofthe CharitiesAct 2011 (the 2011 Act) and thatan indyndent examination is needed. The charity is preparing accru¢d accounts and l am qualified to und¢rtske the examination by being 8 qualified member of the Institute of Chartered Accountants in England and Wales. It is my responsibility to- Examin¢ the ac¢ounts undeT seclion 145 of the 2011 Act. follow the prclUreS laid down in the general Direcltons given by the Charity Commission under section 145(5Kb) of the 2011 Act; and To slat¢ whdh¢r particular mattews have come ¢0 my altention. Ba81s of IndepeDdeDt Ex&mlnerJ Rew)rt My examination was wried out in xcordance with theGeneral Directions given by the Charity Commission. An examination includes a review oftheacCix1lng recordskepi bythecharity and a comparison of the accounts presented with those records. li also includes consider81ion ofany unusual items or di1(v8UreS in the ?ounts. and seeking explanalions from you as trus*es ¢oncerniTtg any such matters. The pro¢¢dures undertaken do not provide all the evidence that would bc required in an audit. and wnsequenily no opinion is given as to wheth¢r the accounts rsent a'true and fair view" and th¢ rew)rt is limited to those matters set out below. IDd¢pelld¢it Examiller'y Statement In nnectiOn with my examinalion. no ma¢ter has come to my attention '. (l) which gives me re&8onable cause to believe that in any materiat r¢sFrtt the requirements.. to keep acwuntin8 records have in accordanee with sedion 130 of the 2011 Act. at to prepare counts which accord with the w)uniing records and to comply with the accounting requirements of th¢ 2011 ACL have been met. or (2) to which, in my opinion, attention should be drnwn in ord¢rioenableapropcrunder5tanding of the accounts to b¢ rChed. Si8ned:..a.Wkn23-.............................. E.L Anderson MA FCA cfA Community Accounlancy ServiL% Ltd Date: 14, March 2023 The Grdnge. Pilgrim Drive, BeswicL Manchesfrr. Ml13TQ
WHALLEY RANGE YOUTH OPPORTUNITY ASSOCIATION
6
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2022
(including income and expenditure account)
| Notes INCOME FROM: Donations & Legacies (2) Charitable Income (3) Bank Interest TOTAL EXPENDITURE ON: Charitable Activities (4) NET INCOMING (OUTGOING) RESOURCES FOR THE YEAR TRANSFER BETWEEN FUNDS (11) RECONCILIATION OF FUNDS Total Funds Brought Forward Total Funds Carried Forward (11) |
Year Year Ended Ended 30.9.22 30.9.21 Unrestricted Restricted Total Total Funds Funds Funds Funds £ £ £ £ 5,448 - 5,448 3,851 4,953 122,557 127,510 62,810 157 - 157 132 |
|---|---|
| 10,558 122,557 133,115 66,793 (1,074) (103,284) (104,358) (75,915) |
|
| 9,484 19,273 28,757 (9,122) 4,619 (4,619) - - 19,192 24,774 43,966 33,354 |
|
| 33,295 39,428 72,723 24,232 |
The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities.
The notes on pages 9 to 15 form part of these accounts.
WHALLEY RANGE YOUTH OPPORTUNITY ASSOCIATION BALANCE SHEET AS AT 30 SEPTEMBER 2022 2022 2021 Notes FIXED ASSETS Tangible Fixed Assets 1.018 1,670 ¢VRRENT ASSETS Debtors Cash al 8ank and In Hand 7,936 85,816 93,752 8,422 93,165 101,587 LIABILITIES: ounls falling due within on& year 22.047 59,291 71.705 42,296 NET CURRENT ASSETS 72.723 43,966 ACCUMULATED FUNDS Re$iri¢ted Unreslricled 39.428 33.295 72.723 24,774 19,192 43,966 pproved and signed on behalf of the Tru51ee5 Management Committee Chair R Walker Treasurer C Paekham Oate. 14th March 2023 The notes on pages 9 to 15 form part of these accounts.
WHALLEY RANGE YOUTH OPPORTUNITY ASSOCIATION
8
STATEMENT OF CASH FLOWS FOR THE YEAR ENDING 30 SEPTEMBER 2022
Reconciliation of net movement in funds to net cash flow from operating activities
| Net movement in funds Add back depreciation Deduct investment income Decrease/(increase) in debtors Increase/(decrease) in creditors Net cash used in operating activities Cash flows from investment activities: Interest Purchase of Fixed Assets Net cash provided by investing activities Increase/(decrease) in cash and cash equivalents during the year Cash and cash equivalents brought forward Cash and cash equivalents carried forward |
2022 2021 £ £ 28,757 (9,122) 1,792 1,549 (157) (132) 486 6,913 (37,244) 44,159 |
|---|---|
| (6,366) 43,367 |
|
| 157 132 (1,140) - |
|
| (983) 132 (7,349) 43,499 93,165 49,666 |
|
| 85,816 93,165 |
WHALLEY RANGE YOUTH OPPORTUNITY ASSOCIATION
9
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2022
1. ACCOUNTING POLICIES
(a) Basis of preparation and assessment of going concern
The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 1st January 2019 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
(b) Funds structure
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or trust deed. There were 10 restricted funds at the year end.
Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees at their discretion have created a fund for a specific purpose. Further details of each fund are disclosed in note 11.
(c) Income recognition
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period. Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
(d) Expenditure Recognition
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 settlement will be required and the amount of the obligation can be measured reliably.
All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings. For more information on this attribution refer to note (f) below.
(e) Irrecoverable VAT
Irrecoverable VAT is charged against the expenditure heading for which it was incurred.
(f) Allocation of support and governance costs
Support costs have been allocated between governance costs and other support costs. Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to independent examination and legal fees together with an apportionment of overhead and support costs.
Governance costs and support costs relating to charitable activities have been apportioned based on staff time and facilities used in each activity.
The allocation of support and governance costs is analysed in note 5.
WHALLEY RANGE YOUTH OPPORTUNITY ASSOCIATION
10
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2022
(g) Charitable Activities
Costs of charitable activities include governance costs and an apportionment of support costs as shown in Note 4.
(h) Tangible fixed assets and depreciation
Fixed assets are included in the accounts at net book value. Additions of a single item or a group of similar assets exceeding £500, are capitalised at cost (valuation for donated assets). Depreciation is provided to write off the cost less the estimated residual value of tangible fixed assets over their estimated useful lives as follows:-
Short Leasehold Improvements 20% on cost Computer Equipment 33% on cost Fixtures, Fittings & Equipment 20% on cost
(i) Taxation
The organisation is exempt from income tax by reason of its charitable status. Income tax suffered on investment income is reclaimed in full. The Charity is not currently registered for VAT.
(j) Pensions
The trustees operate a defined contribution auto enrolment compliant pension. The charity has no liability beyond making its contributions and paying across the deductions for the employee's contributions.
(k) Contingent liabilities
A contingent liability is identified and disclosed for those transactions resulting from a possible obligation which will only be confirmed by the occurrence of one or more uncertain future events not wholly within the trustees' control.
(l) Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
(m) Creditors and Provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of the funds to a third party and the amount due to settle the obligation can be measured of estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
WHALLEY RANGE YOUTH OPPORTUNITY ASSOCIATION
11
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2022
| 2 DONATIONS & LEGACIES Donations Mr Greenaway Ms Packham Previous Year Donations Mr Greenaway 3 INCOME FROM CHARITABLE ACTIVITIES Grants: Big Lottery - Awards for All MCC Playscheme Young Manchester MCC Arts MCC Big Lottery Awards for All - Celebrate BBC Children In Need BBC Children In Need Grant 2 (less deferred to 2023) Gift Aid Events & Premises Hire Previous Year Grants: Big Lottery - Awards for All (Less deferred to 2022) GMP Young Manchester (Less deferred to 2022) BBC Children In Need (Less deferred to 2022) NHS |
Unrestricted Funds Restricted Funds Total 2022 £ £ £ 3,898 - 3,898 600 - 600 950 - 950 |
|---|---|
| 5,448 - 5,448 |
|
| Unrestricted Funds Restricted Funds Total 2021 £ £ £ 3,471 - 3,471 380 - 380 |
|
| 3,851 - 3,851 |
|
| Unrestricted Funds Restricted Funds Total 2022 £ £ £ - 10,000 10,000 - 15,402 15,402 - 31,332 31,332 - 2,000 2,000 - 1,910 1,910 - 9,377 9,377 - 32,110 32,110 - 40,852 40,852 - (20,426) (20,426) 1,895 - 1,895 3,058 - 3,058 |
|
| 4,953 122,557 127,510 |
|
| Unrestricted Funds Restricted Funds Total 2021 £ £ £ - 10,000 10,000 - (10,000) (10,000) - 820 820 - 43,010 43,010 - (20,500) (20,500) - 45,483 45,483 - (10,703) (10,703) - 4,700 4,700 |
|
| - 62,810 62,810 |
WHALLEY RANGE YOUTH OPPORTUNITY ASSOCIATION
12
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2022
| 4 | ||||||
|---|---|---|---|---|---|---|
| EXPENDITURE ON | Other | Total | Total | |||
| CHARITABLE ACTIVITIES | CIN | Activities | 2022 | 2021 | ||
| £ | £ | £ | ||||
| Employment Costs | 40,048 | 20,686 | 60,734 | 49,156 | ||
| Pensions | 3,715 | -322 | 3,393 | 3,599 | ||
| Workshops & Freelance Fees | 810 | 2,803 | 3,613 | 5,104 | ||
| Licenses | - | 114 | 114 | 206 | ||
| Trips, Activities & Materials | 2,061 | 19,694 | 21,755 | 7,996 | ||
| Minor IT & Software | - | 107 | 107 | - | ||
| Consultancy | - | 3,458 | 3,458 | 1,737 | ||
| Support Costs | 2,528 | 7,936 | 10,464 | 7397 | ||
| Governance Costs | - | 720 | 720 | 720 | ||
| 49,162 | 55,196 | 104,358 | 75,915 | |||
| 2022 | 2021 | |||||
| £ | ||||||
| Restricted funds | 103,284 | 75,556 | ||||
| Unrestricted funds | 1,074 | 359 | ||||
| 104,358 | 75,915 | |||||
| 5 | ALLOCATION OF GOVERNANCE AND SUPPORT | General | ||||
| COSTS | Support | Governance | 2022 Total | 2021 Total | ||
| Basis of Apportionment | £ | £ | £ | |||
| Rent | Facilities Used | 4,950 | - | 4,950 | 3,938 | |
| Telephone & Broadband | Facilities Used | 522 | - | 522 | 636 | |
| Insurance | Facilities Used | 1,799 | - | 1,799 | 452 | |
| Printing, Postage & Stationery | Facilities Used | 660 | - | 660 | - | |
| Admin & DBS Costs | Facilities Used | - | - | - | 12 | |
| Depreciation | Facilities Used | 1,792 | - | 1,792 | 1,549 | |
| Payroll Costs | Facilities Used | 669 | - | 669 | 738 | |
| Accountancy | Facilities Used | - | 720 | 720 | 720 | |
| Bank Charges | Facilities Used | 72 | - | 72 | 72 | |
| 10,464 | 720 | 11,184 | 8,117 | |||
| 6 | STAFF COSTS | 2022 | 2021 | |||
| £ | £ | |||||
| Wages and Salaries | 60,734 | 48,528 | ||||
| Employers National Insurance | - | 628 | ||||
| Pension Costs | 3,393 | 3,599 | ||||
| 64,127 | 52,755 | |||||
| The charity considers its key management personnel comprises the trustees and the manager. | ||||||
| The total employment benefits, | including employer pension contributions | of the key management | ||||
| personnel were £39,432 (2021: £34,421). No employee has benefits in excess of £60,000 . | ||||||
| Trustees did not receive any remuneration. | ||||||
| During the year there was 1 full time and 4 part time employees. | ||||||
| The average number of employees, based on full time equivalent, analysed by function | was: | |||||
| Services | 2 | 2 | ||||
| 2 | 2 |
WHALLEY RANGE YOUTH OPPORTUNITY ASSOCIATION
13
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2022
7 TRUSTEES' REMUNERATION AND EXPENSES
No remuneration was paid directly or indirectly out of the funds of the charity to any trustee or to any persons known to be connected with them. No reimbursement of expenses has been made or is due to be made to any of the trustees in respect of the period.
| 8 FIXED ASSETS COST As at 1st October 2021 Additions Disposals As at 30th September 2022 DEPRECIATION As at 1st October 2021 Charge for year Disposals As at 30th September 2022 NET BOOK VALUE As at 30th September 2022 As at 30th September 2021 9 DEBTORS Other Debtors Prepayments |
Short Computer Leasehold Fixtures & Equipment Improvements Equipment Fittings Total £ £ £ £ £ 6,160 13,120 15,255 1,818 36,353 1,140 - - - 1,140.00 - - - - - |
Short Computer Leasehold Fixtures & Equipment Improvements Equipment Fittings Total £ £ £ £ £ 6,160 13,120 15,255 1,818 36,353 1,140 - - - 1,140.00 - - - - - |
|---|---|---|
| 7,300 13,120 15,255 1,818 37,493 |
||
| 5,006 13,120 14,739 1,818 34,683 1,534 - 258 - 1,792 - - - - - |
||
| 6,540 13,120 14,997 1,818 36,475 |
||
| 760 - 258 - 1,018 |
||
| 1,154 - 516 - 1,670 |
||
| 2022 2021 £ £ 1,925 2,411 6,011 6,011 |
||
| 7,936 8,422 |
Other than the below, all debtors and prepayments related to unrestricted funds both in 2022 and 2021.
In 2022 & 2021 prepayments of £5,776 relate to the restricted Young Manchester fund. This was for a trip which was postponed due to Covid-19.
| 10 LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR Accruals Deferred Income Apart from the below all accruals related to unrestricted funds in 2022 & 2021. Young Manchester Children In Need Deferred Income Balance as at 1st October 2021 41,203 Amount released to income earned from activities (41,203) Amount deferred in year 20,426 Balance at 30th September 2022 20,426 Deferred income is comprised of the following grants. Children In Need 20,426 20,426 |
2022 2021 £ £ 1,621 18,088 20,426 41,203 |
|---|---|
| 22,047 59,291 |
|
| 2022 2021 - 194 - 472 |
|
| - 666 |
|
WHALLEY RANGE YOUTH OPPORTUNITY ASSOCIATION
14
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2022
| **11 ** | MOVEMENT IN FUNDS OF THE | Balance | Balance | |||
|---|---|---|---|---|---|---|
| CHARITY | 01-Oct | Incoming | Transfers | Outgoing | 30-Sep | |
| 2021 | 2022 | |||||
| Restricted Funds: | £ | £ | £ | £ | £ | |
| MCC Playscheme | - | 15,402 | - | (13,632) | 1,770 | |
| Young Manchester | 7,449 | 31,332 | - | (14,771) | 24,010 | |
| NHS | 1,506 | - | - | (1,506) | - | |
| GMP | 820 | - | - | (820) | - | |
| Big Lottery Awards for All | - | 10,000 | - | (9,855) | 145 | |
| MCC - Youth Round 4 | 1,252 | - | - | - | 1,252 | |
| MCC - Playscheme | 262 | - | - | (262) | - | |
| MCC - Arts | - | 2,000 | - | (2,000) | - | |
| MCC | - | 1,910 | - | (1,899) | 11 | |
| Big Lottery Awards for All - Celebrate | - | 9,377 | - | (9,377) | - | |
| Arawak | 4,619 | - | (4,619) | - | - | |
| BBC Children In Need | 8,866 | 32,110 | - | (40,976) | - | |
| BBC Children In Need 2 | - | 20,426 | - | (8,186) | 12,240 | |
| 24,774 | 122,557 | (4,619) | (103,284) | 39,428 | ||
| Unrestricted Funds: | ||||||
| General | 19,192 | 10,558 | 4,619 | (1,074) | 33,295 | |
| 19,192 | 10,558 | 4,619 | (1,074) | 33,295 | ||
| 43,966 | 133,115 | - | (104,358) | 72,723 | ||
| Arawak transfer of funds is due to an | underallocation in previous years. |
| Previous Year Restricted Funds: MCC Playscheme Young Manchester NHS GMP MCC - Youth Round 4 MCC - Playscheme Manley Park Church Big Lottery Awards for All We Love Manchester Manchester Wellbeing Fund MCC - NIF Arawak BBC Children In Need Unrestricted Funds: General Name of Restricted Funds: MCC Playscheme Young Manchester NHS GMP Big Lottery Awards for All MCC - Youth Round 4 MCC Arts Big Lottery Awards for All - Celebrate Manchester Wellbeing Fund MCC - NIF Arawak BBC Children In Need BBC Children In Need 2 |
Balance Balance 01-Oct Incoming Transfers Outgoing 30-Sep 2020 2021 £ £ £ £ £ 2,149 - - (2,149) - 11,164 22,510 - (26,225) 7,449 - 4,700 - (3,194) 1,506 - 820 - - 820 1,252 - - - 1,252 2,000 - - (1,738) 262 600 - - (600) - 87 - - (87) - 1,817 - - (1,817) - 475 - - (475) - 291 - - (291) - 6,857 - - (2,238) 4,619 10,828 34,780 - (36,742) 8,866 |
|---|---|
| 37,520 62,810 - (75,556) 24,774 15,568 3,983 (359) 19,192 |
|
| 53,088 66,793 - (75,915) 43,966 |
|
| Description, nature and purpose of the fund towards holiday playscheme costs towards activities for young people towards heath & wellbeing activities towards fitness equipment towards festival & workshops towards youth activities towards art project towards Celebrate towards Celebrate towards playscheme costs towards the girl's group towards childrens activities towards childrens activities, balance includes future depreciation |
Name of unrestricted Funds: General
the free reserves after allowing for all designated funds
WHALLEY RANGE YOUTH OPPORTUNITY ASSOCIATION
15
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2022
12 ANALYSIS OF NET ASSETS BETWEEN FUNDS
| ANALYSIS OF NET ASSETS BETWEEN FUNDS | |
|---|---|
| Fixed assets Cash at bank and in hand Other net current assets/(liabilities) Total |
Unrestricted funds Restricted funds 2022 Total £ £ £ 258 760 1,018 32,498 53,318 85,816 539 (14,650) (14,111) |
| 33,295 39,428 72,723 |
Previous year analysis of net assets between funds
| Fixed assets Cash at bank and in hand Other net current assets/(liabilities) Total |
Unrestricted funds Restricted funds 2021 Total £ £ £ 516 1,154 1,670 33,452 59,713 93,165 (14,776) (36,093) (50,869) |
|---|---|
| 19,192 24,774 43,966 |
13 GOING CONCERN
The company's main source of income is grant funding. The trustees consider that it is appropriate to prepare the accounts on a going concern basis and, consequently, the accounts do not include any adjustments that would be necessary if the funding income should cease.
14 FINANCIAL INSTRUMENTS
The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised on a transaction value and subsequently measured at their settlement value with the exception of bank loans which are measured at an amortised cost using the effective interest method.
15 POST BALANCE SHEET EVENTS
The Trustees do not consider that there have been any events since the balance sheet date that significantly impact on the financial statements.