2021-03-31-accounts - Young People Cornwall

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees			T Eastwood
			R Hartley
			CH Wells
			S Hedger
			D Wright
			M Pascoe
Secretary			T Eastwood
Chief Executive			Mr N Smith
Treasurer			Mr C Wells
Patron			Hon EAH Boscawen
Charity	number		801688
Company		number	02369817
Principal	address		The House Youth Centre
			Carlyon Road
			STAUSTELL
			Cornwall
			PL25 4DB
Registered		office	The House Youth Centre
			Carlyon Road
			STAUSTELL
			Cornwall
			PL25 4DB
Auditor			RRL LLP
			Peat House
			Newham Road
			TRURO
			Cornwall
			TR1 2DP
Bankers			Royal Bank of Scotland
			2 Old Town Street
			PLYMOUTH
			Devon
			PL1 1DP

		Page
Trustee's report		1 -12
Statement oftrustee's	responsibilities	13
Independent auditor's	report	14- 17
Statement of financial	activities	18
Balance sheet		19
Statement ofcash flows		20
Notes to the financial	statements	21 -34

				Unrestricted	Unrestricted	Restricted	Total	Total
				funds	funds	funds
				general	designated
				2021	2021	2021	2021	2020
			Notes	E	F	F	F	F
Income from:
Donations and	legacies			6,468		18,135	24,603	1,127
Charitable activities				11,608		1,543,808	1,555,416	1,497,940
Investments				1,656			1,656	427
Total income				19,732		1,561,943	1,581,675	1,499,494
Ex enditure on:
Charitable activities				5,895		1,361,510	1,367,405	1,426,377
Net incoming	resources	before
transfers				13,837		200,433	214,270	73,117
Gross transfers	between	funds		75,232		(75,232)
Net income for the year/
Net movement	in funds			89,069		125,201	214,270	73,117
Fund balances	at 1 April	2020		190,250	145,000	283,737	618,987	545,870
Fund balances	at 31 March 2021			279,319	145,000	408,938	833,257	618,987

				2021		2020
			Notes	F		F
Fixed assets
Tangible assets			10		3,125		6,250
Current assets
Debtors				140,083		232,408
Cash at bank and	in	hand		756,271		504,141
				896,354		736,549
Creditors: amounts		falling due within	12
one year				(66,222)		(123,812)
Net current assets					830,132		612,737
Total assets less	current liabilities				833,257		618,987
Income funds
Restricted funds			15		408,938		283,737
Unrestricted funds
Designated funds:
Financial commitment		fund		60,000		60,000
Property fund				85,000		85,000
			16	145,000		145,000
General unrestricted		funds		279,319		190,250
					424,319		335,250
					833,257		618,987


					Notes	F		F
Cash flows from operating				activities
Cash generated		from	operations		21		250,474		30,430
Investing	activities
Interest received						1,656		427
Net cash	generated		from	investing
activities							1,656		427
Net cash	used	in financing		activities
Net increase in		cash	and cash equivalents				252,130		30,857
Cash and	cash equivalents			at beginning	ofyear		504,141		473,284
Cash and	cash	equivalents		at end of	year		756,271		504,141

		Unrestricted	Restricted	Total	Total
		funds	funds	2021	2020
Donations	and gifts	6,468		6,468	1,127
Grants receivable			18,135	18,135
		6,468	18,135	24,603	1,127
For the y	ear ended 31 March 2020	202	925		1,127

			2021	2020
				E
Grant income			1,549,218	1,453,756
Other income			6,198	44,184
			1,555,416	1,497,940
Analysis	by fund
Unrestricted		funds - general	11,608	9,414
Restricted		funds	1,543,808	1,488,526
			1,555,416	1,497,940

Analysis of	Grant	Income
			Unrestricted	Restricted	Total	Total
			funds	funds	2021	2020
				F	E
Health &Wellbeing		Fund		32,453	32,453	65,243
Parish Youth	Project			3,000	3,000	3,000
Play Therapy	Fund			26,340	26,340	25,000
Community	Development			188,555	188,555	183,948
Ambitions				18,172	18,172	56,299
Boat Build						19,782
SEND				18,745	18,745	17,972
Hear Our Voice				481,996	481,996	387,507
NCS				52,416	52,416	139,961
LIFT						5,591
Zebs				72,618	72,618	56,945
Barnardos				74,597	74,597
Mentoring				55,016	55,016	56,324
Comic Relief				45,667	45,667	49,873
Comic Relief - Covid		19		36,292	36,292
You Decide				35,932	35,932	38,877
YEF				20,164	20,164
IAG				89,931	89,931	91,924
The House				55,695	55,695	58,965
General fund			4,078		4,078	139
Winter Covid	Scheme		6,000		6,000
Creative Art	Therapy			33,880	33,880
Head Start				159,329	159,329	171,212
Inspire				6,000	6,000
Victims of Crime				32,342	32,342	25,194
Total grant income			10,078	1,539,140	1,549,218	1,260,176

		2021	2020
Interest	receivable	1,656	427

Charitable activities
			Unrestricted	Restricted
			Fund	Fund	2021	2020
			F	F	E	F
Staff costs			99,127	1,033,742	1,132,869	1,072,090
Depreciation and impairment				3,125	3,125	3,125
Training costs			1,328	5,098	6,426	9,812
Rent, rates and utilities			8,053	9,115	17,168	18,559
Insurance and subscriptions			6,452	13,722	20,174	12,955
Repairs and maintenance			5,977	10,701	16,678	21,491
Printing, postage and	stationery		1,582	15,659	17,241	17,249
Advertising			95	1,296	1,391	1,654
Educational and residential		costs	589	12,741	13,330	65,653
Telephone and ITcosts			3,636	29,310	32,946	42,450
Travelling			697	29,726	30,423	102,362
Legal and professional			4,010	40,562	44,572	35,773
Organisational support costs			(146,402)	146,402
General expenses			10,792	1,143	11,935	5,799
Irrecoverable VAT			54	9,168	9,222	8,217
			(4,010)	1,361,510	1,357,500	1,417,189
Share ofgovernance	costs	(see note 7)	9,905		9,905	9,188
			5,895	1,361,510	1,367,405	1,426,377

Support	costs
		Support	Governance	2021	2020	Basis ofallocation
		costs	costs
		F	f
Audit and	accountancy					Governance
fees			9,905	9,905	9,188
			9,905	9,905	9,188
Analysed	between
Charitable	activities		9,905	9,905	9,188

				2021	2020
				Number	Number
(Including the management	committee)	during	the year:	49	47
Full time equivalent:				37	37
Employment costs				2021	2020
				F	F
Wages and salaries				1,022,993	968,466
Social security costs				82,716	76,064
Other pension costs				27,160	27,560
				1,132,869	1,072,090

10	Tangible fixed asset	s
					Motor vehicles
	Cost
	At 1 April 2020				50,878
	At 31 March 2021				50,878
	Depreciation and impairment
	At 1 April 2020				44,628
	Depreciation charged	in the year			3,125
	At 31 March 2021				47,753
	Carrying amount
	At 31 March 2021				3,125
	At 31 March 2020				6,250
11	Debtors
				2021	2020
	Amounts falling due	within one year:		F	E
	Trade debtors			122,177	215,344
	Other debtors			17,906	17,064
				140,083	232,408
12	Creditors: amounts	falling due within one year
				2021	2020
			Notes	F	E
	Other taxation and social security			21,404	47,656
	Deferred income			33,000	65,250
	Accruals			11,818	10,906
				66,222	123,812

						2021	2020
							E
Arising	from funding		received	in advance		33,000	65,250
Deferred		income is	included	in the financial statements	as follows:
Current		liabilities				33,000	65,250
						33,000	65,250

				Movement in funds	Movement in funds
			Balance at	Income	Expenditure	Transfers	Balance at
			1 April 2020				31 March 2021
			E				E
Ambitions				20,821	(22,772)	1,951
Hear Our Voice			89,579	482,146	(422,892)		148,833
NCS 2020 8		2021		52,491	(46,389)	(6,102)
Zebs				79,463	(29,599)	(4,740)	45,124
Inspire			293	6,343	19,033		25,669
IAG			12,588	89,931	(92,623)	(9,896)
Parish Youth		Project	6,858	3,000			9,858
You Decide			40,260	40,185	(35,882)		44,563
Community	Development			189,655	(178,394)	(11,261)
Mentoring			24,087	55,016	(50,101)	(29,002)
Food			4,717			(4,717)
Headstart			6,814	159,329	(141,394)		24,749
Barnardos				74,597	(74,597)
Health &Wellbeing			29,335	32,453	(59,229)		2,559
Victims of Crime			14,260	32,342	(31,106)		15,496
Creative Art	Therapy			33,880			33,880
Comic Relief			26,227	81,959	(91,270)		16,916
SEND			6,440	18,745	(17,612)	(7,573)
The House			11,859	63,083	(36,824)		38,118
Play Therapy		Fund	10,420	26,340	(32,868)	(3,892)
YEF				20,164	(16,991)		3,173
			283,737	1,561,943	(1,361,510)	(75,232)	408,938

					Movement		Movement
					in funds		in funds
				Balance at	Income	Balance at	Income	Balance at
			1	April 2019		1 April 2020		31 March 2021
				f'		E	E	F
Financial	commitment	fund		60,000		60,000		60,000
Property	fund			85,000		85,000		85,000
				145,000		145,000		145,000

			Unrestricted	Designated	Restricted	Total	Total
			funds	funds	funds
			2021	2021	2021	2021	2020
				E	F		E
Fund balances at 31		March
2021 are represented		by:
Tangible	assets		3,125			3,125	6,250
Current	assets/(liabilities)		276,194	145,000	408,938	830,132	612,737
			279,319	145,000	408,938	833,257	618,987

	2021	2020
		E
Within one year	11,767	13,534
Between two and five years	40,000	41,767
In over five years	2,500	12,500
	54,267	67,801

															2021			2020
																		F
	Aggregate compensation														74,758			72,570
	The charity had transactions with	DG Wright				(board member)				amounting			to E3,946 (2020:			F4,170) for the
	provision ofaccountancy services.	FNII		was	outstanding				at the balance sheet date						(2020: ENil).
	The charity had transactions with		Aspell		Digital		Ltd		(a company		owned		by	D	Wright,	board	member)
	amounting to F1,088 (2020:F1,131)for			the	provision			of accountancy			services.			FNII was outstanding				at the
	balance sheet date (2020:FNil).
	A member of key management personnel				was loaned F10,000 during							the year,			repayable	over		5 years.
	Interest is being charged at 0.5%.At		the	year end,			the		balance ofF10,000 remained						outstanding.
	No board member received expense		payments			during			the year	or during		the previous year.
20	Analysis ofchanges in net funds
	The charity had no debt during the	year.
21	Cash generated from operations														2021			2020
															F			F
	Surplus for the year														214,270			73,117
	Adjustments for:
	Investment income recognised in statement				of financial				activities						(1,656)			(427)
	Depreciation and impairment oftangible			fixed		assets									3,125			3,125
	Movements in working capital:
	Decrease/(increase) in debtors														92,325			(74,377)
	(Decrease)/increase in creditors														(25,340)			5,312
	(Decrease)/increase in deferred income														(32,250)			23,680
	Cash generated from operations														250,474			30,430