Cl11 registration number.. 522334 Nottingham Roman Catholic Diocesan Youth Service known a5 Thp. RMA¥S Report and Financial Statetnents for the Year Ended 31 July 2022
Nottingham Roman Catholic Diocesan Youth Service known as The Briars Contents Refei¢nc¢ and Administrative Detai15 Ito2 Trnsiees, Report 3to5 2ndependenl Exainsnerfs Report Statetnenl of Fittanci81 A¢tivitLes 8t09 Bfylance Sheet 10 Cdbli Flvw S(dt¥Iii¢iil Notes to the Financial Statements 121024
Nottingham Roman CatholRc Diocesan Youth Service knowll as The Briars Reference and Admlnistrative Details Trustees Ri Rev PplTirk McKÉnney. Bishop of Nottingham Pauline Lynch Yvonne May Rev Joseph Wheat Mail Raife Prlri OiLPigiO Paulinc Payne Clarc Alderson David Lawes Senior M•ngEemeRt Tea Michaela Jone5, Progtamrne Director Beihany Ryder, Ptograrnme Di¥ector Joseph Famier, Operational DiTe¢tor Jill O'Ilagau, finarttc Managcr Tom Baptist, Dire¢tor (until 1110122) Charity Registration Number 522334 Primclpxl Office Tile Briars Residential Centre Briars latje Crich Matlock Derbyshire DE4 5BW Independettt Examiner John (YBEien, employce of Conununtiy A¢¢ountii)g Plus Unil l and 2 North West 41 Talboi Street Nottingham NGI 5GL
Nottingham Roman Catholic Diocesan Youth Service known as The Briars Reference and Administrative Details Bankers HSBC Church Street ipley Derbyshire DE5 3BY Hodge Bank One Centsal Square Carditi" CFIO IFS Hampshire Trnst Bat)k 55 Bi51iopsgate Londot) EC2N 3AS Nationwide Kitxgs Park Road Moulton P2rk NoiLliaillPto)I NN3 6NW Pasc 2
Nottinghllm Roman Catholic Diocesan Youth Service knoT¥n as The Briars Trustees, Report The tNs¢e¢s pres¢nt the annual repori together with th¢ fJn3ncial 5t&tements of the charity for the yeai ended 31 July 2022. Trnstees and officers The tn15tees and officer9 setving during the year And since the year end were gs follows.. Trusices.. Rt Rev P&tri¢k McKinney, Bishop of Nottingham, Bishop of Nottingham Paulin¢ Lynch Yvonn¢ M&y Rev Joseph Wheat M6it Ralfr Peter Giorgio Pauline Payne Clare Alderson David Lawes Malcolm Moore, until 18 Septeimber 2022 Strueture? goverttance and management Nalure ofgoveriiing doeiimenl Tht charity i5 gtsverned by the i)rigiDal Tnt Deed of 2nd April 1969 as aTnended 9th May 2021. The stTUCture of the charity is detoiled IN the Constitution and comwjsitiom of the N[YS,. Board of Trnslees. Mana8emeAt Committee and sub-committees, 01 9111 May 2(N)8 which outlines the responsibilities of the Trustees and Management Committe¢. Recrnilméni &iid appoinlmen¢ DItrle&S All t[Ust give thrir Ume volutttarily aTrd receive no bcntfits from thc charity. Trustees are recn]ited by invitation frotn the Bishop, The Chair ld the Tst¢es. They aim to reflect the diversity of the Charity and wntain a broad skill Inix with. Pritntsry Schools. Secondary School8 Parishe8, Youth Woik, Finattce and Clergy all ieprcsented. Orgayii541ion&l slruciiirc The day to day rnt)ning of the cllarity Es by the Director with tlie as515tan¢¢ of the Fin?n¢e Managcr, Operational Director. and the Progtamme Dirc¢ivr. Spcnding of £5,(0 or tnoie must go to the Finance TtUStecs for approval. The Charilv Trnxtees have three Sub committees. Fijiance Comtniltee,. Youth Ministry and Oulre3ch Con)mitte¢.' Pay and Remunallon Committee. Performaiice crRteria are sei and r¢Yiewed for th¢ Dir¢ctoi by the Trnstees and by the Dir¢¢tor for the other m£na8ement team. Pag¢ 3
Nottlngham Roman Catholic Diocesan Youth Service known as The Briars Trustees, Report Objettive5 and #ctiyities Objec15 aims The principal obj¢¢ts of the chariry are belping and educating young pcople ihrough theii leisure time activitie5 so a5 to develop theiE physital. niental, mor?£ l and spiiitual activities and capaciiies. that they may grow to full maturity as peTsons and m¢mber5 of soci¢ty and that their conditions of life may be improved. The prin¢ipJl activiti&% which achi¢ve thc objectives itt¢lude'. The provision of residential educational stays,. The provision of outreach and youth mini$ty, that supports young peopl¢ wherever they are this includes digital coniact. I he provisiolb of reSidlIa1 retreats and ¢arcche5iS' Advice, resourcing and training foi y(Truth minEstry in the Diocew of Nottingham is provsded according fo need and d¢mand. PHbllc beneJ71 The trustees confITm that they have Complied with the requirements of section 17 of the Charities Aci 2011 to have due regard to the public beR¢fJt guidance published by th¢ Charity Commi5$ton for England and Wales. Objeciiwes, slYAtegies activilies During the period, the charity ha5 Provtded residential edu¢ational stays for ovcr 3.000 young people_ This followfyj a delay in re¢ipening following COVID restrictions and the a major yerbi$l1nWlt. PTOVLded (lutreach work ivith young ppIe around the Nottingham Dio¢ese onlin¢ when that was moT¢ Jppropriate., . Proi'ided rcsidential retreats and catechesis for over 100 young people. Resourced and f&ciliiaied National Youth Fun Day the Friday befor¢ Na¢ion31 Youth Sunday. Wh¢re over 15,000 ytsullg people joined us online for fun, education and prayer", Provided advice. Eesourcing and training for chaplaincy teams. adult5 youth worker5 a[ young leaders throughout the DioceEe of Nottingham; • Completed a Enajor returbishment of the main resid¢nlial building used by visiting young people. to improve the comfoll and general experience for their stay.. Completed buildittg and opened six retreat cabin5 10 be utilised by family groups anif IlIdaY makers. These generated a new income stream to benefit tl)e work of the charity,. Piovided advice and guidance to volunteer and employed youth workers- WDTked wilh young people in their hom¢s through di8ilal media. * Worked with CAFOD prornotiiig the work of social justice.. contit)ed with an online presen¢c dnd outpui to funher support the work of the Charty, through th¢ Charity's website, Youtube channel, Trytter and Instagram accounts.. . Deliver¢d the Faith in Action Award Provided online resources for youth worker5, chaplains and tEachcrs aEound the UK. Page 4
Nottinghxm Roman Catholic Diocesan Youth Service known as The Briars Trustees, Report The opportunities prgvidod by the charity are designed io tducate the young people and ertcournge thern io grow into mature melnbers of society- to re¢ognis¢ th¢ir Yest$bilIty to make a posltive tuntributilin lo bociety and to hayc rcgard for all p¢oplo. Thege activities benefir the public by educating young people and providing opportunities for th¢m io develop spiri111311y, morally, socially, menially and physi¢211y by the provision of educatlDrkal in rE51dential, a5 well a5 dItal educational resources. dIscu5ssun forums, prayer Ètmes alld reflcclioDS. These young people are from communities throushout the East Midlands and increasingly furthor Afield. They ai¢ aged between 9 _ 23 y¢ars 2nd ¢gme from variety of socio-e¢onomie backgrounds. froni Catholi¢ InstitiOnS and schoo15, Other Chri51ian schools and groups and or¥anisatlOlls with ELO teligious affilialion. The prjnctpal activities are overseen by a t¢am of employed, qiialifjed yoiith Work ptaetitioners aild a of trained full-tim¥ voluTlt¢¢r yotLth workers. Tiiese volunteers live tv0 in ihe community b2ged at The Bri2rg Call11c Youth Retreat Centre for a year. Some also remain for a second year. The rraining and care provided for these voluntetrs is a major tosk of the charity. Care is tak¢n to ensure that whilst mu¢h of th¢ Charit$ activities are of a Catholi¢. faith based nature, these gctivitieg #rÈ Aceeggible to all yIng Foople who wish to *rr.esq rhpm. M2ny nf the Aetivitieq >JnA leArnin8 which t8k¢s place relates to n)Lional educalional curriculurn criterea. The service also piovides advice. tTaining and resources for ¢haplain¢y teams througlLOUt the East Midlands, helping them develop their work and serve yaung people bater. This includes providing placements for work ¢xperience students and imder8raduate Sdertts srudyittg youth and community work. The ¢hariry work5 with Yariou5 Other organisations and Contributes to their work. These include other Catholie orgtnisations such a5 liollingham D)o¥esart Ediicalioxk Service. Nottin¥ham Diocese Safeguarding of Ch21dieA and Vulnerable Adults cOnnis5]0, CAFOD, CYMFed, Nottingham Dioccse, YMT Hexham and Newcastle Diocese. Portsmouth Diote5e and some indtvidual parishes. Finarteial revlew Tlie fiL)an¢i)I p051tioTh ofthe chaTlty at th¢ eDd of the 2022123 year Is $t2ble yd light wkth cansÉderable developments
nd refurbishments undcr completed. Sorne r¢5erves alung with & twelve year loan have been used to dcvelop the
sile ofthe Charity. These developments aTe to rn¢et futEJre demands alld expectatlOll5 of the Charity and the site. The success of some of the Charity's Jiew nonc corc incoTDC Strejms will suppon ihe Core work of rhe chariiy and h¢lp s¢¢ur¢ its future. A ncw limite(1 trading ¢ompany És being set up in 2022123. Policy on reserve5 The charity aitns to Tnaintain unr¢strict¢d fid5 at a Icvel which eqLYdtes l() 3 months unrestricied expenditur¢. This provides sufficient funds io cover managemenL administration and support ¢ost. Currently thi5 is not the ¢w, but this follDWS iticreased costs of the development aThd vnfore$eery intetnational fLnancial turlnoil and price rises. Pag¢ 5
Notttngham Roman Crdtholi¢ Dlocesan Youth Service known as The Briars Statemtnt of Trustees, Responslbilitles The tru5tee5 aTe re5POnbible for preparing the tntstees, report and the financial statements in 8c¢ordanee with the United Kingdom A¢¢ounting Standard5 {UnEtcd Kingdom GeneTally Accepted Accounting Pracrice) and applicable law at)d rcsulations. The law applsLable to ¢haritie8 requircs the tn]stees to preparc financial stament5 for cach financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of Fcsources of ihe charity for ihkt perÉod. In preparing these financial statements, tlie tnigtees are required to.. selec.t 5llItAblp afe.niinting pnlicie% 2nd tliell apply them etsnistently'. observe the rneihods and prin¢iples in the Charities SORP., make judgements and ¢5limotes thal are rea50nabl¢ and prudent: state whether applicable ac¢ounling sthndards have been followe& subject lo any tnateiial departures disclosed and ¢xploin¢d in th¢ financial statcmcnts. and prep&re the fiDai)¢ial siatemcnts on the going concern basis unless il is inappropriate to prcsum¢ that the tharily will continue in business. The tLusiees responsible for keeping proper accounting records that disclose with reasonable a¢¢ura¢y at any time the fjngncial position of the eharity lible theni to ensure that thp fEllancial s141tenls comply with the Ch4)riti¢s Act 201 I. the applicablc Charities IA¢cIMlS 2nd Reports) kegulatio]]5, atld the PTOViSLons ot. the constitution. The trustees are also responsible for safe8uardiii8 the assets of the Charity and hei)ce for taking reasonable sieps for th¢ prevention alld detection of fraud and other IgularItics. 14,1 .olS Approvcd by tlie trnsie¢s of the charity on .................... and 5i¥lled on its behalf by.. Rt RLV Patrick M¢Ki Trtee Page 6
Nottingham Roman Catholic Diocesan Youth Service known &5 The Briars Independent Examaner's Report to the trustees of Nottingham Roman Catholic Diocesan Youth Service Independent examiner's report to the trustees of NottinghatTh RO Catholic Dioce5aD Youtb Service I report io the tyustt¢s on tny examinaiiol) of Ihe accounts of Nottingham lioman Catholic Diocesan Youih Service {the Charity) for the yeai ended 31 July 2022. Responsibilities and bas15 of report As the Iruslees or the charily you are responsible For the pi'eparation of ihe a¢counts in ac¢ordancc wittL the requirements of the Charitkes Act 2011 ('the Act'}. I report respect of my examination of the Charity's accoullls carried out under section 145 of the 2011 Act a[ i carryitig out my ¢xamination I have followed all the applicable directions given by the Charity Cotnmission under section 145(51(b) of the A¢1. Independent examiner J statcm¢rtt Since rhe Charity's gross incollke excceded £250,000 your examiner must be a mwnber of ? body listed in s¢¢tiOD 145 of the 2011 Act. I confirm that l am qualified to undertake the examinatiCTt because l aEn a member and Ftllow of the Asw¢ia(ion of Charity liidependent Examiners, which is one ot the listed bodies. I have CCpmpl¢ted my examination. I that no matters have (A)tne kn my attention in connection willi tli¢ exrMInUtE0 8iV5ng mo ¢Buse to believe that in any matsri#l rtsgptsct.. l. accouiiring records were not kept in respcct of the Chatity as FeqLiiied by seciion 130 of the Act- or 2. the accounts do not accord with tl?ose re¢ords: or 3. the accou15 do not romply with th¢ accounting requirernents concetning ibe (orm and Content of accounts set out in the Charities (Accoun15 aTtd Rrporlbl R¥gulatJun$ 2008 oiher ihan atty t'equi2eintnt thal th¢ ZCLOUrttS' 8ive a 'tsue and faiv view which is not a matter considered as part of an independettt examinatton. I have no coiicerns and hav¢ come across no other mattets in connection with the examination to which attention should be drawn in this report in order to enable a proper understandÈng of the accounts to be reached. MSC. FCCA, FCIE, employee ofcommuniry Accounting Plus Fellow of the Agsociatiott of ChariLy Independent Examincrs Unit l and 2 North West 41 Talbot Strect Nottingham NGI 5GL Date.. 0610212023 Pa¥¥ 7
Nottingham Roman Catholic Dio¢¢san Youth ServA¢e known as The Briars Statement of Financial Activities for the Year Ended 31 July 2022 Total 2022 Total 2021 Unrestrlcted Restrlcted Note Income and Endowments from: Donalions and legacies Charitable activitits Investment income 111,885 371,078 549 52.394 111,885 413,578 549 52,394 302,844 108.413 1,046 104,093 42,500 Other incoTnC Total liicome 535,906 42,500 578,406 516,396 Eyp¢nditure on: Charltable activities Other expenditUTe 1614.5681 (24,5581 (44,372) {658,9401 (24,5581 {455.808) (7.643} Total Expendittir¢ 639.126 44,372) (683,498) 463,451} NeÈ rnov¢meTkt in funds IIOJ,220) {1,872) (105.092) 52,945 Reeon¢ili&tlon of funds Total fiEnds brought fonvard 1,941,659 1,872 1.943,531 1,890,586 Total funds carried forward 17 1.838,439 1,838.439 1.943.531 All of the charity's activities derive froTn continuing operatsotts duiing the above peri(xls. The fund5 breakdown for the period is shown in nol¢ 17. The tteS on pages 12 to 24 form an integr21 part of these finan¢ial stsiements. Pasc 8
Nottingham Roman Catholfic Diocesan Youth Service known as The Briars Statement of Fin%ncial Activitie5 for the Year Ended 31 July 2022 ThesÈ 2re the Ilgllres for the prevlous accounting period and are included for comparative pllrposos Tot 2021 Unrestrlcted Restricted Note In¢ome and Endowm¢Dt$ from: Donations and legacies C1111al diliviLtVi lllvestmei?t incDEne Othe¥ income 302,844 62,713 1,046 104,093 302,844 108,413 1,046 104,093 45,700 Tolal Income 470,696 45,700 516.396 Expettdjtre on: Charitable activitse5 Other expenditure Total ExpeJJditL)re (414,3081 7.6431 141,500) 1455,8081 7,6431 1421.9511 41.500 {463.451) Net income Gross transfers between fil]S 48,745 15,746 4,200 {15.7461 52,945 Net Movement in llds 64,491 (11.546) 52,945 Reconellthtion of funds Total ttdS brought forward 1,877,168 13,418 1,890,586 Total thnds carried fon¥&rd 17 1.941.659 1,872 1,943,531 The notes on pages 12 to 24 fomi an integral part of these finallcial siatemettts. Pasc 9
Nottingham Roman Catholle Diotesan Youth Service known as The Briars (Registration number: 522334) Balance Sheet as at 31 July 2022 2022 2021 Note Fixed a$$ets Tangible assets 2,381,281 1,731,831 Ctsrrent asset5 Debtois Cash al bank and in hand 12 13 58,850 187.164 83,230 835,882 246.014 919,112 14 1229,1061 (77.2091 Net ettrrent assets 16,908 841,903 Total assets lus current 1SAbUlde$ 2.398.I 89 2,573,734 Cr&dltuT¥- AouNts fautug due after tNore than one year 15 (5J9,750) 1030,203 Net asset5 1,838,439 1,943,531 Funds of the charity: Re&trlcted In¢omt funds Restricted fimd5 17 1,872 Unrestritted incorne funds Unrestricted fiinds 1,838,439 1.941.659 Total funds 17 1,838.439 1.943.531 The fLnancÈal stalcments on pages 8 10 24 w¢r¢ approved by ih¢ trusLe¢s, aml authoris¢d for issue on ...1.5JQ.11.2023 and signed on their behalf by.. et CJiorgio Isicc The notes orÈ pages 12 to 24 form In inl¢gro1 part of these financial st8mentS. Ptt8c 10
Nottingham Roman Catholic Diocesau Youth Service known a5 The Briars Cash Flow Statement for the Year Ended 31 July 2022 21122 2(Y21 Note Cash l]ows from operating activities Net cash (expendirur¢yincome {105,0921 52,945 Adjustments to Lash nows from ntsn4ash items Depreclaiion lrtvestment income 58,514 15491 40,252 (1,0461 147.127} 98,151 Workllli e#pital adju5tm¢nt5 Decrcasel(in¢tease) in debtors l#¢rease in creditors Incre&selld¢creasel in deferted iTrCD¥ne 12 24,380 50.780 63,914 138,1351 9.078 (2,2341 14 15 Net c2$h flows from oper2tin8 getivities 91 947 66.86n Cash floYiS from ithvesting g¢tiviti¢$ Interest receivable and sitnilar illcome PuTchase of tangible fixed assets 549 {707,9641 1,046 156,314} Net Lash flows from investing activities {707,4151 (155.268) C#sh flows from finAnciDg activÈtie5 Repaytnent of loa¢Js and borrowings Net (d¢Gi¢as¢}1iff in ¢ash and cash ewivaleiit5 14 133,250) 600,(M)O {648,7181 511,592 Cash and cash eqiiivolents at l August 835,882 324,290 Cash and cash equivalents at 31 July 187.164 835,882 Reeollellladon of net tash flow to movement in net funds (Decreasevincreasc iu cash (648.7181 835,882 511,592 Net ndS at l August 2021 324,290 Net funds at 31 July 2022 187,164 835,882 All of the cash flows or¢ d¢rived from COTJtinuillg operations during ¢h¢ abov¢ two p¢riod5. The noies on pages 12 to 24 forni an integral part of these financial statements. Pa¥¢ll
Nottingham Roman Catholie Diocesan Youth Service known as The Briars Notes to the FinancAal Statements for the Year Ended 31 July 2022 l AecountlnE pollcles Statement tsf eompllallte Tlie financial statement5 have been prepoied in ac¢ordaD¢¢ with the second edition of the Charitics Statement of Recomillended Practice issued in Oaober 2019, the Financial Reporting Stajidard applicable in the United Kingdotll aThl Republic of Ireland (FRS 1021 and the Charities Act 2VI I. Basis of preparatloo Nottingham Roman Catholic Diocesan Yovth Service meets the defillTtion of a public benefit entity under FRS 102. Assets aiid ljabiliti¢s ai"c initi&lly rcGogiii5¢d at liistorical ¢ost or tsxtssaction value unl¢ss oth¢rwise stat¢d itt th¢ rel¢vatJt accounting policy 01¢s. Going concern The finxyrixl slAte.mpnLg h%ve heen tbrepared a gtsing torttem hAsis. The tnI$e$ assess whether the use of going concern is appropriat¢ i.e. whether ti)ere are TrY material uncertainEi¢s related to events or conditions thar may ¢ast sigDifwt doubt the ability of the Charity lo contiiiue a5 a going concetn. The trustees makty this assessment in rcspect of a period of orte year from the date of approval of the finan¢ial.statements. Inctsme and endoivments Voluntary income including donotioms, gifts, l¢gacies and grants that provide core thnding or are of a general natLire is recogni5ed wlien the eharity ha5 entitle¢lll to the income. it is probable thBt the income will be received 2nd the amouni ¢an be measured with sufficient r¢liabLlity Donoliofts legacie5 Donations and legacies are reLognised on a receivable basis when receipt 15 probable alld ttle amount cao b¢ reliably measured. Grtynls receivable Grant5 ale recogni5ed when the ¢harity has an entitl¢rn¢nt w th¢ knids and any conditioiis linked to the grnnts hav¢ been met. Where perfonDanc¢ collditlOll5 are attached lo lht gtant #nd #re yet to me¢ the income ss recognised as a liability and Incliided on the l>althL¢ shcet as defcrred incorne to bc rclea5¢d. D¢ftrred inetrme Deferred income reprcsents amounts receiv¢d for future periods and is released to incoming resou¥ees in the period or whi¢h. it has been received. Sllch income is only defTed when.. Tile donor specifies that the grant or doijation must ollly b¢ used ill future accounting periods- or The donor has imposed conditions which must be met before tELe charity ha5 unconditional entiilement. Pa¥t l2
Nottingham RomAn Catholic Diocesan Youth Service known as The Briars Notes to the Flnancial Statements for the Year Ended 31 July 2022 Expenditure All expenditure LS recognis¢d QDce there 15 a legal or constructive obligation io 11181 ¢xpenditur¢. it is probable sertl¢m¢nt is rcquircd and thc amount can be measured reliably. All Costs are allocated to the applicable ¢xp¢nditur¢ h&qding that aggregaÉes 5iTnilar costs to that category. Whcre cosÈS canrjoi be directly atEnbuied to particular beadits¥s (hey have been allocated on a basi5 consistetit witii the use of iesoyr¢es, with central staff costs allocated on the basis of lime speTht, and depreciation chatges allocated on the portion of the asset's use. Otlier support costs art allocated based on the spread of 518ff costs. ChrItAble aclivilies ChaTltable ¢xpenditure cornpri5e5 those costs incued by the Charity sn the d¢liv¢ry of sls activitl¢s and services for its beneficiaries. It incliides both costs that ¢an be allo¢at¢d diTeotly 10 such activities and those costs of an indirecl nature tt¢5$ary lo support thetn. Governttaent grants Governtnent grants are recogntsed b2sed on th¢ accrual model and ale Eneasured at the fair value of tke asset receiwed or receivable. Grallls are classified #s relating eiiher ro revenue or to asseES. fjrdnis relaring io rev¢nue ore r¢cogniged irt iftcome over the period in which the related costs are recognised. Grants relating to assets are iecognised over thc ¢xp¢¢t¢d us¢ful life of the wet. Where pari of a grant relating to an asset is defeired. it is recognised a5 de(ced inCOTne. Taxatio The charity 15 considered to pass the rests set out Paragraph I Sc[ule 6 of the Finance Act 2010 and therefore it meeis the definition of a charit2ble company for UK ¢orw)ration lax puip05es. Ac¢ordingly, the Charity is potentially exelnpt frotn taxatitrn in resp¢cl of income or Capital gains receivtd withiE] cate¥ori¢s Loyered by chapt 3 Part I I of tke Corporaiion Tax Act 2010 or S¢c¢ion 256 of the Taxation of Chargeable Gains Act 1992, ÈO the exlent that su¢h in¢orn¢ or gain5 are applied exclusively to chuitable purpos¢s. TAngibl¢ fixed a6set5 It2dividutl fixed assets costiE)g £500.00 or more are initially recorded at cost, less 2ny subseqllent acairnulated d¢pre¢iAtion attd $UbSeqCnt accumulatcd impaiTmeDi losses. Depreciation 2nd amortisatio Depreciatiom is provAd¢d on tangible fixed assets so a5 to wtite the cost or valuation, less any ¢stim8ied ressdual value, over tILeir expected useful ecoTromi¢ life as follows.. Asset cl25S Land & buildings Furniiure & equipment Motor vehicles Computer equipment Deprecigtion method r*te 2/0 5tTaight line IOO/¢ reducing balance 250/0 reducing balance 33/0 reducing balance Pog¢ 13
Nottingham Roman Catholic Diocesan Youth Serviee known as The Briars Notts to the Financial Statements for the Year Ended 31 July 2022 Tradt debtors Trade d¢btors ar¢ amount$ due trom Customers tor merchandise sold or services perfotmed in the ordiiiary course ot busines5. Trade debtors are recognised initially ai the ttansaciiott price. They are subsequently me2sured at aniortised $t using tlie effe¢tiYe interest method. less provision for impainnent. A provision for the impairment of debtors 15 established when there is objective evidence that the charity will noi be able io ¢olleci all Imounis due according io the original t¢rni# of thc receivables. Cash #nd cash equSw3lents Cash and cash ¢quival¢thts ¢ompris¢ on hand and call depolts. other short term highly It4id investmpnt$ that aw rcadily convertable lo a know¥L aTnount of cash 8nd ar¢ subje¢t to an iDsignificant risk of change in value. Trade creditors Trade creditors are obliEat2ons to pay for goods or s¢twi¢¢s that have been ac4uired in tlie ordinar! course of business from supplieTS. Aecounts payable are classified as wrretjt liabilities if the charity dDes not have an Ilnconditional Fighi. at the end of tli¢ r¢porting pcriod, to defer scttlement of the creditor lor ai least twelve months after the r¢poffing date. If there is an unconditional right to defer seltl¢m¢nt for at l¢ast tw¢lv¢ months after the reporting date, they are presented as nonknCUf¢llt liabiliti¢s. Trade CTediiors are recognised initially at th¢ transaction price and subsequently measured ai amortised cost usins the eff¢¢tiv¢ int¢rest method. Fund structure Unre5tri¢ied iJi¢ome ndS are general funds that are available for use at the trustees, discr¢lion in flh¢ranCe of the objectives of the charity. Restricted iljcome fimds are ihose doned foi use ID a parli¢ular Slrea or for specific putposes, the olwlilch i$ restricted io thar area or purpose. Pensions 4nd other post retirement obligations The char&ty operates a defLned contribution pension s¢h¢m¢ for ¢mploye¢s. The assets of th¢ s¢heme are held separately from those of ihe ¢harity. Penston costs charges in the Statement of FinaE)¢ial Activities represeTat the ontributÈons payable by the charity during the year. Pd¥r 14
Nottinghydm Roman Catholie Diocesan Youth Service kno)vn a5 The Briar5 Iyotes to the Financial Statements for the Year Ended 31 July 2022 2 Income frojll donatlolls and legacles Unre5Érieted funds General Total 2022 TotAI 2021 Donations aiid leg1¢$. DonatiODS from individuals Grantg. including capi181 grdnis: Govemtnent alIt5 Grants from other charifkes 13,385 13,385 11.895 102,488 188.461 98,5(K) 95,500 111,885 302,844 l fr(•m thAritAhle. Ae.tivitie Unre5trictÈd funds General Restricted funds Total 21122 Total 2021 F¢¢ in¢om¢ Tuekshop & bar income Grants & donations 352,012 19,066 2,000 354,012 19,066 40,500 62.505 40,500 45,908 371,078 42.500 413.578 108.413 Page IJ
Nottingham Roman Catholi¢ Diocesan Youth Service known as The Briars Notes to the Financial Statements for the Year Ellded 31 July 2022 4 GY*Dts and donAtiOD$ Ullrestrlcted fund5 Rtstricted fund5 Total funds Notiingham Rornan Catholic Diocesan TTus¢¢¢s Stiching Bellevo Medi Parishes Schools and C'olleges Sundry dtsnaiions 50 50 Club 86.500 8,500 32,000 95.000 32,000 846 846 5,096 7,443 12,000 5.096 7,443 12,000 111,885 40.500 152.385 5 Investment income Unrestrlcted Total 21122 Total 2021 G¢neral InÈer¢st receivable and simÈlar in¢ome,' SAterest receivable bank deposits 549 549 1.046 6 Other income Unrestrleted Totsl 21122 Total 2021 Gener&l R¢nthl in¢om¢ Other income 51,363 51.363 1,031 26.252 77.841 52,394 52,394 104.093 Other incotne in the prior period includes an insurdn¢e cliitn for loss of ineome durin¥ the Covid pandemie tsf £74.369. Pa¥¢ 16
Nottingham Roman Catholic Diocesan Youth Service known as The Briars Notes to the Financial Statements for the Year Ended 31 July 2022 7 Expendlture ON charlt2hle activities Unrestricted funds General Restricted fund$ Total 2022 Tot#1 2021 CAFOD Bank f¢es Bar expense5 Chaplain & diocesan costs Depr¢ciation £xpen5e Devcloprnent and building cosis Covid expenses Food Housekeeping Lease agreements Legal, HR & PFofe5sional f¢¢s Office eKpen5eS Repaits and maintcnanc¢ Setvicc provision Sundry Trailling Tuck shop expenses Utilities & i115urance Vebicle expense Wages allowances VAT recovered Rc¢ruitmeJit 377 602 2,086 9,052 58,514 377 602 2,086 9,052 58,514 338 2,240 295 5,821 46,252 34 1,560 12,120 5,538 1,387 4,739 11,760 14,673 11,817 800 1,799 50 50 70,832 13.583 1.573 16,500 9,901 22,596 23.733 2.610 2.938 18.196 34.742 5,236 365,814 70.832 13,588 1,573 16,500 9,901 22,596 5,600 2.610 2,938 18,196 34,742 18,133 30.308 339,575 26,239 313.665 {16,I98) 216 614,568 44.372 658,940 455,808 Pd¥¥ 17
Nottingham Roman Catholic Dioce59Tr Youth Service known The Briars Notes to the Ffinxncllal Statements for the Year Ended 31 July 2022 8 Other expenditure Unrestrleted Total 2022 Total 2021 GenerAI Bungal(Fw & Pod expendiwTe 24,558 24,558 7,643 24,558 24,558 7,643 9 Nct Inco1%1tsOiDg resourees Net loulgoingyincoming resources for tl* year include.. 2022 2021 DEPr10t10th of fixed asBets 46.?5?. 10 Staff costs The aggtegate payroll costs were as follows.. 2022 2021 Staff costs during the year were- Wages and salaries Social secutity costs Penston costs 324.693 28,269 12,852 365,814 286.973 14,892 11,800 313,665
Nottingham Roman Catholic Diocesan Youth Service known as The Briars Notes to the Financial Statements for the Year Ended 31 July 2022 Th¢ rnonthly avei8ge niimber of persons (including sellior manag¢m¢nt team) employed by th¢ charity during tl yw was as lollows-. 2OZ2 No 2021 No Nulnbcr of employees 22 19 13 {2021- 12) of the above employees participated in t¢ Defined Contribution Pension Schernes. Contributioiis io ¢he employec 570 schemes for th¢ year totalled £12.85212021 £11,800)- No en)ployee received eOIUments of more than £60,000 during the year The total employee bEnefits of the k¢y management personnel of the charity were £144.736 {2021- £139,819). 11 T4ngibl¢ fixfd assets Land and buildiDgs Furnitre and equipment Computer equipment Motor vehicles Total Cost At l August 2021 Adth"tivns 2,346,807 705.442 275.662 2,522 7,735 10,662 2,640,866 707,964 At 31 July 2022 3,052,249 278.184 7,735 10,662 3.348,830 Dtpr¢ciation At l August 2021 Charge for Ihe year 692,049 49.353 205,057 7,313 4,039 924 7,890 924 909,035 58,514 At 31 July 2022 741,402 212,370 4,963 8,814 967,549 Net b(A)k value At 31 July 2022 2,310.847 65,814 2,772 1.848 2.381.281 At31 July2021 1,654,758 70,605 3,696 2.772 1,731,831 Pa¥r 19
Nottingham Roman Catholic Diocesan Youth Serviee known as The Briars Notes to the Fin&DcR21 Statements for the Year Ended 31 July 2022 12 Debtors 2022 24121 Trode d¢btors Prepaymcnts Other dcbtOFS 57,043 1.807 41,053 1,947 40,230 58.850 83,230 13 C#sh gmd c*sh •qll&vJlent£ 2022 2021 Cash on hand Cash at b&Lnk 3,546 183.618 1,088 834 794 187.164 835,882 14 Credltors: amounts falling due withln one ye•r 2022 20ZI Trade credItors Other loans Other taxation and social security Other credito Accruals Dcfened in¢ome 32,172 57,1M)O 32.895 4.342 837 101.860 8,149 19,797 5,980 4.017 1,320 37,946 229,106 77,209 Other borrowTiigs Loaii from the Diocese with a canying aFnouiit of £616,750 12021 £650,000) is denominated in St¢rling with nominal inÈer¢st rate of Base plus 2/ 12021- Bose plus 20A)- The final in5taln]enl is diie on 30 June 2034. Repgyable over 12 years, starting January 2022 Pd¥r 20
Nottingham Roman Catholic Diocesan Youth Service known As The Brigdrs Notes to the Financial S12tements for the Year Ended 31 July 2022 15 Creditors: amounts falling due after one ye*r 2022 2021 Other lo#ns 559.750 630.203 16 Obligations under le8s¢s and hire purchase ¢ontra£ts 2022 2021 Other Within one year Between one and five yeaTS 1.162 2,323 7,352 3,485 7,352 17 Funds BAIAnce at I AgUSt 2021 Incoming r¢50urcts Resources exppnded Balance at 31 July 2022 Unrestricted funds Geiiernl General fund 1,037,193 535,906 1608,781) 964,318 Oihei. iievaluaiion Reserve 904,466 9)4,466 130,345} 874.121 (30.345} 874,121 Total unrestricted funds 1,941,659 535.906 1639,126} 1.838,439 Restricted fud$ The Digital fund Sponsor a Room Fund 42,500 (42.500) 1.872) 1,872 Total restrieted funds ,872 42,500 (44.372) Total funds 1.943,531 578.406 (683,498) 1.838,439 P)¥r21
Nottingham Roman Catholle DRocesan Youth Service known as The Briars Notes to tlke Financial Statements for the Year Ended 31 July 2022 B8lan¢e at I August 2020 Incomlng r¢sour¢es Resourt¢5 expended Balance at 31 July2021 Transfers Unrestricted funds Gewer41 General fund 972.702 470,696 (421,951) 15,746 1.037.193 Oilier R¢v8luatioD Rcserve 904,466 904,466 904,466 904,466 Total unre5tri¢t¢d fund5 1,877,168 470,696 {421,9511 15,746 1,941,659 Restricted The Digital fvnd 41.500 4.2Qti (41,500} Sp)Dsor a Room Fund l.a,4151 115.746) 1.872 T&tal restrlcted funds 13,418 45.700 (41,500) (15,746) 1.872 Total funds 1.890,586 516.396 (463,451} 1,943,531 The specifi¢ purposes for ivhich the fiJnd5 are tts be applied ar¢ as follows.. The Sponsor a R¢x)m fund is to Taise fvnds to improve rcsidential rootns al the Cenire. The Digital is to piovÉde online youth seNiees. 18 An41y$is of net A$s¢t5 betweeD funds URrestri¢ted 2022 Total funds General Reslrlcted Tangiblc fixcd assets Curreiit ossels Current liabilities Creditors Dver l y¢ar Total net Sets 2,381,281 246,014 {229,1061 559,7501 2.381,281 246,014 (229,106) 1559,750) 1,838,439 1,838,439 Page 22
Nottingham Roman Catholic Dio¢esan Youth S¢rvice known as The Briars Note5 to the Flnancial Statements for the Year Ended 31 July 2022 UDrestritted 2021 G¢neral Restricted Total fuaS Tallgible fixed assets Current assets Currei)t liabilitses Creditfirs over l year 1,731.831 917,240 177.2091 1630,2031 1,7Jl,831 919,112 177,209} {630,203} 1,872 TL)tal net asgds 1.941,659 1.872 1.943,531 19 Rel&ted pfirty transArtions During the year the chatity tnade th¢ following relat¢d party trDnsactions.' The Rlght Rev¢r¢Thd Patrick McKinney Durin£ thks period, the charity received support totalliTLg £95,000 (2Q20.. £185,000) from Nottingham Roman Catholic Di0¢ell Trustees. In 2021 the charity also received a loan 01 £650,()0 from lh¢ Dioces¢ repayable over 12 years at an interest rate of Base plus 2°/Tr. The Right R¢verend Patrick McKinney is also a tNstee of thÉs connecied charity. At the balance sheet dale the amount du¢ tolfrom The Rh1 Reverend Pairick M¢Kinney was £Nil {2021- £Nil}. 20 Benefits in kknd During the period the charÈty bellefited from rent free use of accotntnodation owned by Nottingham Roman Catholic Diocesatt Trustees to the notional value of £32.0(2019.. £32,000). 21 Tax2tlOD The churity is a registered charity and is therefore exempt from taxatÈon. 22 Trustees retlluneration #nd expenses No trustees. nor any wrsons connected with the, have received any r¢mun¢Tation from the charity during the y. No trustees have e1ved any reirt3bursed expenses or any other benefits from the charity during the year. Page 23
Nottlngh8m Roman CothoJl¢ DlocesaD Yollth Service known as The Briars Notes to the Finauclal Statements for the Year ENded 31 July 2022 23 Independent examiner's fees Dllring tlie period, the fees payable {exeluding VATI to the chatÈty'S Lndependen¢ examEller CoT%]munity AccounLtng Plus are analysed as follows-. 21122 2011 Independent examinaiio 1.650 1.600 1,650 1,600 Page 24