Charity registration number: 522334
Nottingham Roman Catholic Diocesan Youth Service
known as The Briars
Annual Report and Financial Statements for the Year Ended 31 July 2023
Community Accounting Plus Unit 1 and 2 North West 41 Talbot Street Nottingham NG1 5GL
## **Nottingham Roman Catholic Diocesan Youth Service**
## **known as The Briars**
## **Contents (continued)**
|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2 to 4|
|Independent Examiner's Report|6|
|Statement of Financial Activities|7 to 8|
|Balance Sheet|9|
|Cash Flow Statement|10|
|Notes to the Financial Statements|11 to 23|
## **Nottingham Roman Catholic Diocesan Youth Service**
## **known as The Briars**
## **Reference and Administrative Details**
**Trustees** Rt Rev Patrick Joseph McKinney Yvonne May Pauline Lynch Pauline Payne Peter Giorgio David Lawes Greg Howell Jacqueline O'Brien Andrew Muldoon **Senior Management Team** Erin Doughty, Director **Charity Registration Number** 522334 **Principal Office** The Briars Residential Centre Briars lane Crich Matlock Derbyshire DE4 5BW **Independent Examiner** John O'Brien, employee of Community Accounting Plus Unit 1 and 2 North West 41 Talbot Street Nottingham NG1 5GL **Accountants** Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL **Bankers** HSBC Church Street Ripley Derbyshire DE5 3BY
Page 1
## **Nottingham Roman Catholic Diocesan Youth Service**
## **known as The Briars**
## **Trustees' Report**
The trustees present the annual report together with the financial statements of the charity for the year ended 31 July 2023.
## **Trustees and officers**
The trustees and officers serving during the year and since the year end were as follows:
Trustees: Rt Rev Patrick Joseph McKinney Yvonne May Pauline Lynch Pauline Payne Peter Giorgio David Lawes Greg Howell (appointed 13 May 2023) Jacqueline O'Brien (appointed 13 May 2023) Andrew Muldoon (appointed 13 May 2023) Rev Joseph Wheat (resigned 7 August 2023) Matt Ralfe (resigned 14 July 2023) Clare Alderson (resigned 24 August 2023)
## **Structure, governance and management**
## _**Nature of governing document**_
The charity is governed by the original Trust Deed of 2nd April 1969 as amended 9th May 2021. The structure of the charity is detailed in the Constitution and composition of the NDCYS; Board of Trustees, Management Committee and sub-committees’ of 9th May 2008 which outlines the responsibilities of the Trustees and Management Committee.
## _**Recruitment and appointment of trustees**_
All trustees give their time voluntarily and receive no benefits from the charity. Trustees are recruited by invitation from the Bishop, The Chair and the Trustees. They aim to reflect the diversity of the Charity and contain a broad skill mix with, Primary Schools, Secondary Schools, Parishes, Youth Work, Finance and Clergy all represented.
## _**Organisational structure**_
The day to day running of the charity is by the Director with the assistance of the Finance Manager, Operational Director and the Programme Director. Spending of £5,000 or more must go to the Finance Trustees for approval.
The Charity Trustees have three Sub committees: Finance Committee; Youth Ministry and Outreach Committee; Pay and Remuneration Committee. Performance criteria are set and reviewed for the Director by the Trustees and by the Director for the other management team.
Page 2
## **Nottingham Roman Catholic Diocesan Youth Service**
## **known as The Briars**
## **Trustees' Report (continued)**
## **Objectives and activities**
## _**Objects and aims**_
The principal objects of the charity are helping and educating young people through their leisure time activities so as to develop their physical, mental, moral and spiritual activities and capacities, that they may grow to full maturity as persons and members of society and that their conditions of life may be improved.
The principal activities which achieve the objectives include: The provision of residential educational stays;
The provision of outreach and youth ministry, that supports young people wherever they are this includes digital contact;
The provision of residential retreats and catechesis;
Advice, resourcing and training for youth ministry in the Diocese of Nottingham is provided according to need and demand.
## _**Public benefit**_
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
## _**Objectives, strategies and activities**_
During the period, the charity has
- Provided residential educational stays for over 3,500 young people;
- Provided residential retreats and catechesis for over 100 young people;
- Resourced and facilitated National Youth Fun Day the Friday before National Youth Sunday. Where over
- 15,000 young people joined us online for fun, education and prayer;
- Provided advice, resourcing and training for chaplaincy teams, adults youth workers and young leaders throughout the Diocese of Nottingham;
- Worked with young people in their homes through digital media;
- Worked with CAFOD promoting the work of social justice;
- Continued with an online presence and output to further support the work of the charity, through the Charity's website, Youtube channel, Twitter and Instagram accounts;
- Delivered the Faith in Action Award;
- Provided online resources for youth workers, chaplains and teachers around the UK.
Page 3
## **Nottingham Roman Catholic Diocesan Youth Service**
## **known as The Briars**
## **Trustees' Report (continued)**
The opportunities provided by the charity are designed to educate the young people and encourage them to grow into mature members of society; to recognise their responsibility to make a positive contribution to society and to have regard for all people.
These activities benefit the public by educating young people and providing opportunities for them to develop spiritually, morally, socially, mentally and physically by the provision of educational in residential, as well as digital educational resources, discussion forums, prayer times and reflections. These young people are from communities throughout the East Midlands and increasingly further afield. They are aged between 9 - 23 years and come from a variety of socio-economic backgrounds, from Catholic institutions and schools, other Christian schools and groups and organisations with no religious affiliation.
The principal activities are overseen by a team of employed, qualified youth work practitioners and a team of trained full-time volunteer youth workers. These volunteers live and work in the community based at The Briars Catholic Youth Retreat Centre for a year. Some also remain for a second year. The training and care provided for these volunteers is a major task of the charity.
Care is taken to ensure that whilst much of the charity's activities are of a Catholic, faith based nature, these activities are accessible to all young people who wish to access them. Many of the activities and learning which takes place relates to national educational curriculum criteria. The service also provides advice, training and resources for chaplaincy teams throughout the East Midlands, helping them develop their work and serve young people better. This includes providing placements for work experience students and undergraduate students studying youth and community work.
The charity works with various other organisations and contributes to their work. These include other Catholic organisations such as Nottingham Diocesan Education Service, Nottingham Diocese Safeguarding of Children and Vulnerable Adults Commission, CAFOD, CYMFed, Nottingham Diocese, YMT Hexham and Newcastle Diocese, Portsmouth Diocese and some individual parishes.
## **Financial review**
## _**Policy on reserves**_
The charity aims to maintain unrestricted funds at a level which equates to 3 months unrestricted expenditure. This provides sufficient funds to cover management, administration and support cost. Currently this is not the case, but this follows increased costs of the development and unforeseen international financial turmoil and price rises.
Page 4
## **Nottingham Roman Catholic Diocesan Youth Service**
## **known as The Briars**
## **Statement of Responsibilities**
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities 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 charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the trustees of the charity on 17 April 2024 and signed on its behalf by:
.........................................
Rt Rev Patrick Joseph McKinney Trustee
Page 5
## **Nottingham Roman Catholic Diocesan Youth Service**
## **known as The Briars**
## **Independent Examiner's Report to the trustees of Nottingham Roman Catholic Diocesan Youth Service**
## **Independent examiner’s report to the trustees of Nottingham Roman Catholic Diocesan Youth Service**
I report to the trustees on my examination of the accounts of Nottingham Roman Catholic Diocesan Youth Service (the Charity) for the year ended 31 July 2023.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner’s statement**
Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member and Fellow of the Association of Charity Independent Examiners, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
...................................... John O’Brien MSc, FAIA, FCCA, FCIE, employee of Community Accounting Plus Fellow of the Association of Charity Independent Examiners
Unit 1 and 2 North West 41 Talbot Street Nottingham NG1 5GL
17 April 2024
Page 6
## **Nottingham Roman Catholic Diocesan Youth Service**
## **known as The Briars**
## **Statement of Financial Activities for the Year Ended 31 July 2023**
|**Note**
**Income and Endowments from:**
Donations and legacies
2
Charitable activities
3
Investment income
5
Other income
6
Total Income
**Expenditure on:**
Charitable activities
7
Other expenditure
8
Total Expenditure
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
17|**Unrestricted**
**£**
109,419
498,667
406
72,680
681,172
(776,013)
(30,964)
(806,977)
(125,805)
1,838,439
1,712,634|**Total**
**2023**
**£**
109,419
498,667
406
72,680
681,172
(776,013)
(30,964)
(806,977)
(125,805)
1,838,439
1,712,634|**Total**
**2022**
**£**
111,885
413,578
549
52,394|
|---|---|---|---|
||||578,406|
||||(658,940)
(24,558)|
||||(683,498)|
||||(105,092)
1,943,531|
||||1,838,439|
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for the period is shown in note 17.
The notes on pages 11 to 23 form an integral part of these financial statements. Page 7
## **Nottingham Roman Catholic Diocesan Youth Service**
## **known as The Briars**
## **Statement of Financial Activities for the Year Ended 31 July 2023 (continued)**
**These are the figures for the previous accounting period and are included for comparative purposes**
|**Note**
**Income and Endowments from:**
Donations and legacies
2
Charitable activities
3
Investment income
5
Other income
6
Total Income
**Expenditure on:**
Charitable activities
7
Other expenditure
8
Total Expenditure
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
17|**Unrestricted**
**£**
111,885
371,078
549
52,394
535,906
(614,568)
(24,558)
(639,126)
(103,220)
1,941,659
1,838,439|**Restricted**
**£**
-
42,500
-
-
42,500
(44,372)
-
(44,372)
(1,872)
1,872
-|**Total**
**2022**
**£**
111,885
413,578
549
52,394|
|---|---|---|---|
||||578,406|
||||(658,940)
(24,558)|
||||(683,498)|
||||(105,092)
1,943,531|
||||1,838,439|
The notes on pages 11 to 23 form an integral part of these financial statements. Page 8
## **Nottingham Roman Catholic Diocesan Youth Service**
## **known as The Briars**
## **(Registration number: 522334) Balance Sheet as at 31 July 2023**
|||**2023**|**2022**|
|---|---|---|---|
||**Note**|**£**|**£**|
|**Fixed assets**||||
|Tangible assets|11|2,307,969|2,381,281|
|Investments|24|10,000|-|
|||2,317,969|2,381,281|
|**Current assets**||||
|Debtors|12|66,639|58,850|
|Cash at bank and in hand|13|57,330|187,164|
|||123,969|246,014|
|**Creditors: Amounts falling due within one year**|14|(223,630)|(229,106)|
|**Net current (liabilities)/assets**||(99,661)|16,908|
|**Total assets less current liabilities**||2,218,308|2,398,189|
|**Creditors: Amounts falling due after more than one year**|15|(505,674)|(559,750)|
|**Net assets**||1,712,634|1,838,439|
|**Funds of the charity:**||||
|**Unrestricted income funds**||||
|Unrestricted funds||1,712,634|1,838,439|
|**Total funds**|17|1,712,634|1,838,439|
The financial statements on pages 7 to 23 were approved by the trustees, and authorised for issue on 17 April 2024 and signed on their behalf by:
......................................... Yvonne May Trustee
The notes on pages 11 to 23 form an integral part of these financial statements. Page 9
## **Nottingham Roman Catholic Diocesan Youth Service**
## **known as The Briars**
## **Cash Flow Statement for the Year Ended 31 July 2023**
|**Note**
**Cash flows from operating activities**
Net cash expenditure
**Adjustments to cash flows from non-cash items**
Depreciation
8
Investment income
5
**Working capital adjustments**
(Increase)/decrease in debtors
12
Increase in creditors
14
(Decrease)/increase in deferred income
15
Net cash flows from operating activities
**Cash flows from investing activities**
Interest receivable and similar income
5
Purchase of tangible fixed assets
11
Sale of tangible fixed assets
Acquisition of investments in subsidiary undertakings
24
Net cash flows from investing activities
**Cash flows from financing activities**
Repayment of loans and borrowings
14
Net decrease in cash and cash equivalents
Cash and cash equivalents at 1 August
Cash and cash equivalents at 31 July
**Reconciliation of net cash flow to movement in net funds**
Decrease in cash
Net funds at 1 August 2022
Net funds at 31 July 2023|**2023**
**£**
(125,805)
72,363
(406)
(53,848)
(7,789)
821
(6,297)
(67,113)
406
-
949
(10,000)
(8,645)
(54,076)
(129,834)
187,164
57,330
(129,834)
187,164
57,330|**2022**
**£**
(105,092)
58,514
(549)|
|---|---|---|
|||(47,127)
24,380
50,780
63,914|
|||91,947|
|||549
(707,964)
-
-|
|||(707,415)
(33,250)|
|||(648,718)
835,882|
|||187,164|
|||(648,718)
835,882|
|||187,164|
All of the cash flows are derived from continuing operations during the above two periods.
The notes on pages 11 to 23 form an integral part of these financial statements. Page 10
## **Nottingham Roman Catholic Diocesan Youth Service**
## **known as The Briars**
## **Notes to the Financial Statements for the Year Ended 31 July 2023**
## **1 Accounting policies**
## **Statement of compliance**
The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
## **Basis of preparation**
Nottingham Roman Catholic Diocesan Youth Service meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## **Going concern**
The financial statements have been prepared on a going concern basis.
The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements.
## **Income and endowments**
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
## _**Donations and legacies**_
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
## _**Grants receivable**_
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
## _**Deferred income**_
Deferred income represents amounts received for future periods and is released to incoming resources in the period for which, it has been received. Such income is only deferred when:
- The donor specifies that the grant or donation must only be used in future accounting periods; or - The donor has imposed conditions which must be met before the charity has unconditional entitlement.
Page 11
## **Nottingham Roman Catholic Diocesan Youth Service**
## **known as The Briars**
## **Notes to the Financial Statements for the Year Ended 31 July 2023 (continued)**
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregates similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
## _**Charitable activities**_
Charitable expenditure comprises those costs incurred by the Charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **Tangible fixed assets**
Individual fixed assets costing £500.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
## **Depreciation and amortisation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
|**Asset class**|**Depreciation method and rate**|
|---|---|
|Land & buildings|2% straight line|
|Furniture & equipment|10% reducing balance|
|Motor vehicles|25% reducing balance|
|Computer equipment|33% reducing balance|
## **Trade debtors**
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
Page 12
## **Nottingham Roman Catholic Diocesan Youth Service**
## **known as The Briars**
## **Notes to the Financial Statements for the Year Ended 31 July 2023 (continued)**
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
## **Trade creditors**
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
## **Fund structure**
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
## **Pensions and other post retirement obligations**
The charity operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the charity. Pension costs charges in the Statement of Financial Activities represent the contributions payable by the charity during the year.
Page 13
## **Nottingham Roman Catholic Diocesan Youth Service**
## **known as The Briars**
## **Notes to the Financial Statements for the Year Ended 31 July 2023 (continued)**
## **2 Income from donations and legacies**
|Donations and legacies;
Donations from individuals
Grants, including capital grants;
Grants from other charities|**Unrestricted**
**funds**
**General**
**£**
9,419
100,000
109,419|**Total**
**2023**
**£**
9,419
100,000
109,419|**Total**
**2022**
**£**
13,385
98,500|
|---|---|---|---|
||||111,885|
## **3 Income from charitable activities**
|Fee income
Tuckshop & bar income
Grants & donations
Activities|**Unrestricted**
**funds**
**General**
**£**
471,431
21,690
-
5,546
498,667|**Total**
**2023**
**£**
471,431
21,690
-
5,546
498,667|**Total**
**2022**
**£**
354,012
19,066
40,500
-|
|---|---|---|---|
||||413,578|
Page 14
## **Nottingham Roman Catholic Diocesan Youth Service**
## **known as The Briars**
## **Notes to the Financial Statements for the Year Ended 31 July 2023 (continued)**
## **4 Grants and donations**
|Nottingham Roman Catholic Diocesan Trustees
CSJP
Sundry donations
**5**
**Investment income**
Interest receivable and similar income;
Interest receivable on bank deposits
**6**
**Other income**
Rental income
Gains on sale of tangible fixed assets for charity's own
use
Other income|**Unrestricted**
**funds**
**General**
**£**
406
**Unrestricted**
**General**
**£**
71,568
717
395
72,680|**Unrestricted**
**funds**
**£**
95,000
5,000
9,419
109,419
**Total**
**2023**
**£**
406
**Total**
**2023**
**£**
71,568
717
395
72,680|**Total funds**
**£**
95,000
5,000
9,419|
|---|---|---|---|
||||109,419|
||||**Total**
**2022**
**£**
549|
||||**Total**
**2022**
**£**
51,363
-
1,031|
||||52,394|
Page 15
## **Nottingham Roman Catholic Diocesan Youth Service**
## **known as The Briars**
## **Notes to the Financial Statements for the Year Ended 31 July 2023 (continued)**
## **7 Expenditure on charitable activities**
|CAFOD
Bank fees
Bar expenses
Chaplain & diocesan costs
Depreciation expense
Covid expenses
Development and building costs
Food
Housekeeping
Loan interest payments
Lease agreements
Legal, HR & professional fees
Office expenses
Repairs and maintenance
Service provision
Sundry
Training
Tuck shop expenses
Utilities & insurance
Vehicle expense
Wages allowances
Recruitment|**Unrestricted**
**funds**
**General**
**£**
-
928
3,718
6,779
72,363
-
10,082
76,505
14,494
12,368
1,008
20,682
9,680
10,522
34,226
3,532
3,952
11,755
62,943
5,553
414,379
544
776,013|**Total**
**2023**
**£**
-
928
3,718
6,779
72,363
-
10,082
76,505
14,494
12,368
1,008
20,682
9,680
10,522
34,226
3,532
3,952
11,755
62,943
5,553
414,379
544
776,013|**Total**
**2022**
**£**
377
602
2,086
9,052
58,514
50
-
70,832
13,588
-
1,573
16,500
9,901
22,596
23,733
2,610
2,938
18,196
34,742
5,236
365,814
-|
|---|---|---|---|
||||658,940|
Page 16
## **Nottingham Roman Catholic Diocesan Youth Service**
## **known as The Briars**
## **Notes to the Financial Statements for the Year Ended 31 July 2023 (continued)**
## **8 Other expenditure**
|Bungalow expenditure
**9**
**Net incoming/outgoing resources**
Net outgoing resources for the year include:
Depreciation of fixed assets
**10 Staff costs**
The aggregate payroll costs were as follows:
**Staff costs during the year were:**
Wages and salaries
Social security costs
Pension costs|**Unrestricted**
**General**
**£**
30,964
30,964|**Total**
**2023**
**£**
30,964
30,964
**2023**
**£**
72,363
**2023**
**£**
377,456
21,917
15,006
414,379|**Total**
**2022**
**£**
24,558|
|---|---|---|---|
||||24,558|
||||**2022**
**£**
58,514|
||||**2022**
**£**
324,693
28,269
12,852|
||||365,814|
Page 17
## **Nottingham Roman Catholic Diocesan Youth Service**
## **known as The Briars**
## **Notes to the Financial Statements for the Year Ended 31 July 2023 (continued)**
The monthly average number of persons (including senior management team) employed by the charity during the year was as follows:
Number of employees
|**2023**||**2022**||
|---|---|---|---|
|**No**||**No**||
||26||22|
20 (2022 - 13) of the above employees participated in the Defined Contribution Pension Schemes.
Contributions to the employee pension schemes for the year totalled £15,006 (2022 - £12,852).
No employee received emoluments of more than £60,000 during the year
The total employee benefits of the key management personnel of the charity were £126,640 (2022 - £144,736).
## **11 Tangible fixed assets**
|**Cost**
At 1 August 2022
Disposals
At 31 July 2023
**Depreciation**
At 1 August 2022
Charge for the year
Eliminated on
disposals
At 31 July 2023
**Net book value**
At 31 July 2023
At 31 July 2022|**Land and**
**buildings**
**£**
3,052,249
-
3,052,249
741,402
49,353
-
790,755
2,261,494
2,310,847|**Furniture and**
**equipment**
**£**
278,184
-
278,184
212,370
21,938
-
234,308
43,876
65,814|**Motor vehicles**
**£**
7,735
(4,495)
3,240
4,963
456
(3,546)
1,873
1,367
2,772|**Computer**
**equipment**
**£**
10,662
-
10,662
8,814
616
-
9,430
1,232
1,848|**Total**
**£**
3,348,830
(4,495)|
|---|---|---|---|---|---|
||||||3,344,335|
||||||967,549
72,363
(3,546)|
||||||1,036,366|
||||||2,307,969|
||||||2,381,281|
Page 18
## **Nottingham Roman Catholic Diocesan Youth Service**
## **known as The Briars**
## **Notes to the Financial Statements for the Year Ended 31 July 2023 (continued)**
## **12 Debtors**
|Trade debtors
Prepayments
**13 Cash and cash equivalents**
Cash on hand
Cash at bank|**2023**
**£**
63,941
2,698
66,639
**2023**
**£**
3,402
53,928
57,330|**2022**
**£**
57,043
1,807|
|---|---|---|
|||58,850|
|||**2022**
**£**
3,546
183,618|
|||187,164|
## **14 Creditors: amounts falling due within one year**
|**14 Creditors: amounts falling due within one year**|||
|---|---|---|
|Trade creditors
Other loans
Due to group undertakings
Other taxation and social security
Other creditors
Accruals
Deferred income|**2023**
**£**
22,594
57,000
4,264
29,173
15,036
-
95,563
223,630|**2022**
**£**
32,172
57,000
-
32,895
4,342
837
101,860|
|||229,106|
## **Other borrowings**
Loan from the Diocese with a carrying amount of £562,674 (2022 - £616,750) is denominated in Sterling with a nominal interest rate of Base plus 2% (2022 - Base plus 2%). The final instalment is due on 30 June 2034.
Repayable over 12 years, starting January 2022
## **15 Creditors: amounts falling due after one year**
||**2023**|**2022**|
|---|---|---|
||**£**|**£**|
|Other loans|505,674|559,750|
Page 19
## **Nottingham Roman Catholic Diocesan Youth Service**
## **known as The Briars**
## **Notes to the Financial Statements for the Year Ended 31 July 2023 (continued)**
## **16 Obligations under leases and hire purchase contracts**
|**Other**
Within one year
Between one and five years
**17 Funds**
**Unrestricted funds**
**_General_**
General fund
**_Other_**
Revaluation Reserve
**Total funds**|**Balance at 1**
**August 2022**
**£**
964,318
874,121
874,121
1,838,439|**Incoming**
**resources**
**£**
681,172
-
-
681,172|**2023**
**£**
1,162
1,162
2,324
**Resources**
**expended**
**£**
(788,806)
(18,171)
(18,171)
(806,977)|**2022**
**£**
1,162
2,323|
|---|---|---|---|---|
|||||3,485|
|||||**Balance at 31**
**July 2023**
**£**
856,684
855,950|
|||||855,950|
|||||1,712,634|
Page 20
## **Nottingham Roman Catholic Diocesan Youth Service**
## **known as The Briars**
## **Notes to the Financial Statements for the Year Ended 31 July 2023 (continued)**
|**Unrestricted funds**
**_General_**
General fund
**_Other_**
Revaluation Reserve
**Total unrestricted funds**
**Restricted**
The Digital fund
Sponsor a Room Fund
**Total restricted funds**
**Total funds**|**Balance at 1**
**August 2021**
**£**
1,037,193
904,466
904,466
1,941,659
-
1,872
1,872
1,943,531|**Incoming**
**resources**
**£**
535,906
-
-
535,906
42,500
-
42,500
578,406|**Resources**
**expended**
**£**
(608,781)
(30,345)
(30,345)
(639,126)
(42,500)
(1,872)
(44,372)
(683,498)|**Balance at 31**
**July 2022**
**£**
964,318
874,121|
|---|---|---|---|---|
|||||874,121|
|||||1,838,439|
|||||-
-|
|||||-|
|||||1,838,439|
The specific purposes for which the funds are to be applied are as follows:
The Sponsor a Room fund was to raise funds to improve residential rooms at the Centre; The Digital fund was to provide online youth services.
## **18 Analysis of net assets between funds**
## **Unrestricted**
||**Unrestricted**|||
|---|---|---|---|
|Tangible fixed assets
Fixed asset investments
Current assets
Current liabilities
Creditors over 1 year
Total net assets|**General**
**£**
2,307,969
10,000
123,969
(223,630)
(505,674)
1,712,634|**Restricted**
**£**
-
-
-
-
-
-|**2023**
**Total funds**
**£**
2,307,969
10,000
123,969
(223,630)
(505,674)|
||||1,712,634|
Page 21
## **Nottingham Roman Catholic Diocesan Youth Service**
## **known as The Briars**
## **Notes to the Financial Statements for the Year Ended 31 July 2023 (continued)**
|Tangible fixed assets
Current assets
Current liabilities
Creditors over 1 year
Total net assets|**Unrestricted**
**General**
**£**
2,381,281
246,014
(229,106)
(559,750)
1,838,439|**Restricted**
**£**
-
-
-
-
-|**2022**
**Total funds**
**£**
2,381,281
246,014
(229,106)
(559,750)|
|---|---|---|---|
||||1,838,439|
## **19 Related party transactions**
During the year the charity made the following related party transactions:
## **The Right Reverend Patrick McKinney**
During this period, the charity received support totalling £95,000 (2022: £95,000) from Nottingham Roman Catholic Diocesan Trustees. In 2021 the charity also received a loan of £650,000 from the Diocese repayable over 12 years at an interest rate of Base plus 2%. The Right Reverend Patrick McKinney is also a trustee of this connected charity.
At the balance sheet date the amount due to/from The Right Reverend Patrick McKinney was £Nil (2022 - £Nil).
## **20 Benefits in kind**
During the period the charity benefited from rent free use of accommodation owned by Nottingham Roman Catholic Diocesan Trustees to the notional value of £32,000 (2022: £32,000).
## **21 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
## **22 Trustees remuneration and expenses**
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
Page 22
## **Nottingham Roman Catholic Diocesan Youth Service**
## **known as The Briars**
## **Notes to the Financial Statements for the Year Ended 31 July 2023 (continued)**
## **23 Independent examiner's fees**
During the period, the fees payable (excluding VAT) to the charity’s independent examiner Community Accounting Plus are analysed as follows:
|Independent examination|**2023**
**£**
1,750
1,750|**2022**
**£**
1,650|
|---|---|---|
|||1,650|
## **24 Fixed asset investments**
## **Shares in group undertakings and participating interests**
|**Cost**
Additions
At 31 July 2023
**Net book value**
At 31 July 2023|**Subsidiary**
**undertakings**
**£**
10,000
10,000
10,000|**Total**
**£**
10,000|
|---|---|---|
|||10,000|
|||10,000|
## **Details of undertakings**
Details of the investments in which the charity holds 20% or more of the nominal value of any class of share capital are as follows:
||**Country of**||**Proportion of voting rights**|**Principal**|
|---|---|---|---|---|
|**Undertaking**|**incorporation**|**Holding**|**and shares held**|**activity**|
||||**2023**
**2022**||
|**Subsidiary undertakings**|||||
|NDCYS Trading Limited|England & Wales|10000
Ordinary
Shares of £1
each|100%
0%|the provision
of
holiday
accommodation|
The profit for the financial period of NDCYS Trading Limited was £3,322 (2022 - £Nil) and the aggregate amount of capital and reserves at the end of the period was £13,322 (2022 - £Nil).
Page 23