REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Report of the Trustees and |
Unaudited Financial Statements for the Year Ended 31 January 2024 |
for |
Best - Be A Better You |
REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Report of the Trustees and |
Unaudited Financial Statements for the Year Ended 31 January 2024 |
for |
Best - Be A Better You |
Best - Be A Better You |
Contents of the Financial Statements |
for the Year Ended 31 January 2024 |
Page |
Report of the Trustees | 1 | to | 3 |
Independent Examiner's Report | 4 |
Statement of Financial Activities | 5 |
Balance Sheet | 6 | to | 7 |
Notes to the Financial Statements | 8 | to | 13 |
Best - Be A Better You (Registered number: 12397926) |
Report of the Trustees |
for the Year Ended 31 January 2024 |
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 January 2024. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019). |
OBJECTIVES AND ACTIVITIES |
Objectives and aims |
The charity's objects are: |
To act as a resource for young people from the ages of 11 to 25 living in Swindon and the surrounding areas by |
providing advice and assistance and organising programmes of physical, educational and other activities as a means of: |
a) Advancing in life and helping young people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals; |
b) Advancing education; |
c) Relieving unemployment; and |
d) Providing recreational, sport and leisure activity in the interests of social welfare for people living in the area of |
benefit who have need by reason of their youth, age, infirmity or disability, poverty or social and economic |
circumstances with a view to improving the conditions of life of such persons. |
Best - Be A Better You (Registered number: 12397926) |
Report of the Trustees |
for the Year Ended 31 January 2024 |
OBJECTIVES AND ACTIVITIES |
Significant activities |
During this year BEST has continued to grow and developed into a lead Alternative Provision in Swindon. Due to the continual growth of our services, BEST employed more members of staff. |
We currently have 7 full time staff, 3 part-time staff and a trainee sports coach. BEST currently have 3 volunteer coach/mentors working with them. The volunteers are very diverse and some with lived experiences which helps engage the young people. |
We have built up the amount of enrichment sessions we deliver weekly and currently work with many of the primary and secondary schools and alternative education providers in Swindon. |
BEST has started to work outside of Swindon in Wiltshire. We are providing on site alternative provision in some secondary schools in Swindon and Wiltshire. This intervention is helping the schools reduce permanent exclusions and reducing the number of students having to be moved off school site due to mental health and behaviour issues. |
BEST now provides a small number of tutoring sessions for some students who are school refusers or unable to attend school for various reasons, bespoke targeted group work and now provides a weekly Sports Based Youth Club to reduce the risk of children being exploited in the community. |
The youth club runs weekly and between 30 and 40 children access this provision weekly. |
BEST has continued to build its reputation as a professional team which This has been reflected in the number of referrals we have been receiving. |
The Charity delivered funded holiday activities around areas of deprivation in Swindon and recently supported the delivery of Swindon HAF (Holiday activities and food). This was a very successful program which saw us provide holiday activities and a hot meal for 240 children who would normally receive free hot meals at school. BEST is now working with around 220 young people per week on the 1 to 1 programs and school enrichment sessions. |
We have been contracted by Swindon Borough Council to provide mentoring programs Swindon to work with young people at risk of violence outside the home. |
We, so far have provided 24 x 12 week mentoring programs for the identified children. This forms part of a nationwide pilot program funded by the Youth Endowment Fund. |
We were again selected by the new Mayor of Swindon as one of his charities of the year and are also finalists of this years MTM awards, an award which BEST won 2 years ago. |
The trustees have paid due regard to the Charity Commission's guidance on public benefit in deciding what activities the charity should undertake. The trustees consider that they have acted in the public benefit. |
Volunteers |
BEST have a team of three skilled volunteers who support paid staff in the delivery of our programs. |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Governing document |
The charity is controlled by its governing document, its articles of association, and constitutes a limited company limited by guarantee, as defined by Companies Act 2006. |
Best - Be A Better You (Registered number: 12397926) |
Report of the Trustees |
for the Year Ended 31 January 2024 |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Recruitment and appointment of new trustees |
BEST - Be a Better You advertise on our social media pages for trustees. If a person shows an interest, we invite them to talk with us and provide them with a document outlining the roles and responsibilities of a trustee which is in line with the essential trustee guidance on the Gov.uk website. |
The interested person is then invited to a management committee meeting where they are provided with a Trustee Pack and have the chance to meet with the committee. The pack includes the role and responsibility of a trustee, a trustee agreement and declaration form. This includes a code of conduct and declaration of interests form to be signed. This is in line with the process outlined in Best - Be a Better You articles of association/constitution. |
We have a board of 6 skilled trustees all of which are listed on the Charities Commission Website. |
REFERENCE AND ADMINISTRATIVE DETAILS |
Registered Company number |
Registered Charity number |
Registered office |
Trustees |
Independent Examiner |
Paul Papworth-Smith FCA |
PPS Chartered Accountants |
29 Devizes Road |
Swindon |
Wiltshire |
SN1 4BG |
Approved by order of the board of trustees on |
Independent Examiner's Report to the Trustees of |
Best - Be A Better You |
Independent examiner's report to the trustees of Best - Be A Better You ('the Company') |
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 January 2024. |
Responsibilities and basis of report |
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). |
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. |
Independent examiner's statement |
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, 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: |
1. | accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or |
2. | the accounts do not accord with those records; or |
3. | the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or |
4. | the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). |
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. |
Paul Papworth-Smith FCA |
The Institute of Chartered Accountants in England and Wales |
PPS Chartered Accountants |
29 Devizes Road |
Swindon |
Wiltshire |
SN1 4BG |
24 January 2025 |
Best - Be A Better You |
Statement of Financial Activities |
for the Year Ended 31 January 2024 |
31.1.24 | 31.1.23 |
Unrestricted | Restricted | Total | Total |
fund | fund | funds | funds |
Notes | £ | £ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Charitable activities |
Total |
EXPENDITURE ON |
Charitable activities |
Total |
NET INCOME/(EXPENDITURE) | ( |
) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward |
TOTAL FUNDS CARRIED FORWARD | ( |
) | ( |
) | 28,414 |
Best - Be A Better You (Registered number: 12397926) |
Balance Sheet |
31 January 2024 |
31.1.24 | 31.1.23 |
Unrestricted | Restricted | Total | Total |
fund | fund | funds | funds |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 6 |
Tangible assets | 7 |
CURRENT ASSETS |
Debtors | 8 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 9 | ( |
) | ( |
) | ( |
) |
NET CURRENT ASSETS | ( |
) | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | 10 | ( |
) | ( |
) | ( |
) |
NET ASSETS | ( |
) | ( |
) |
FUNDS | 12 |
Unrestricted funds | ( |
) | 28,414 |
TOTAL FUNDS | ( |
) | 28,414 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006. |
The trustees acknowledge their responsibilities for |
(a) | ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. |
Best - Be A Better You (Registered number: 12397926) |
Balance Sheet - continued |
31 January 2024 |
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. |
The financial statements were approved by the Board of Trustees and authorised for issue on |
Best - Be A Better You |
Notes to the Financial Statements |
for the Year Ended 31 January 2024 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. |
Income |
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. |
Expenditure |
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 a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. |
Computer software |
Amortisation is provided over 4 years in order to write off the computer software asset over its estimated useful life. |
Tangible fixed assets |
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
Plant and machinery | - |
Motor vehicles | - |
Computer equipment | - |
Taxation |
The charity is exempt from corporation tax on its charitable activities. |
Fund accounting |
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. |
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. |
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. |
Best - Be A Better You |
Notes to the Financial Statements - continued |
for the Year Ended 31 January 2024 |
2. | NET INCOME/(EXPENDITURE) |
Net income/(expenditure) is stated after charging/(crediting): |
31.1.24 | 31.1.23 |
£ | £ |
Depreciation - owned assets |
Other operating leases | 86,922 | 47,861 |
Computer software amortisation |
3. | TRUSTEES' REMUNERATION AND BENEFITS |
There were no trustees' remuneration or other benefits for the year ended 31 January 2024 nor for the year ended 31 January 2023. |
Trustees' expenses |
There were no trustees' expenses paid for the year ended 31 January 2024 nor for the year ended 31 January 2023. |
4. | STAFF COSTS |
The average monthly number of employees during the year was as follows: |
31.1.24 | 31.1.23 |
Mentors | 5 | 2 |
Operation manager | 1 | 1 |
5. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
Unrestricted | Restricted | Total |
fund | fund | funds |
£ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Charitable activities |
Total |
EXPENDITURE ON |
Charitable activities |
Best - Be A Better You |
Notes to the Financial Statements - continued |
for the Year Ended 31 January 2024 |
5. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
Unrestricted | Restricted | Total |
fund | fund | funds |
£ | £ | £ |
Total |
NET INCOME |
RECONCILIATION OF FUNDS |
Total funds brought forward | 7,889 | - |
TOTAL FUNDS CARRIED FORWARD | 28,414 | - | 28,414 |
6. | INTANGIBLE FIXED ASSETS |
Computer |
software |
£ |
COST |
At 1 February 2023 and 31 January 2024 |
AMORTISATION |
At 1 February 2023 |
Charge for year |
At 31 January 2024 |
NET BOOK VALUE |
At 31 January 2024 |
At 31 January 2023 |
7. | TANGIBLE FIXED ASSETS |
Plant and | Motor | Computer |
machinery | vehicles | equipment | Totals |
£ | £ | £ | £ |
COST |
At 1 February 2023 and 31 January 2024 |
DEPRECIATION |
At 1 February 2023 |
Charge for year |
At 31 January 2024 |
NET BOOK VALUE |
At 31 January 2024 |
At 31 January 2023 |
Best - Be A Better You |
Notes to the Financial Statements - continued |
for the Year Ended 31 January 2024 |
8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.1.24 | 31.1.23 |
£ | £ |
Trade debtors |
Other debtors |
VAT |
Prepayments and accrued income |
9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.1.24 | 31.1.23 |
£ | £ |
Bank loans and overdrafts (see note 11) |
Trade creditors |
Social security and other taxes |
VAT | 12,147 | - |
Accrued expenses |
10. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.1.24 | 31.1.23 |
£ | £ |
Bank loans (see note 11) |
11. | LOANS |
An analysis of the maturity of loans is given below: |
31.1.24 | 31.1.23 |
£ | £ |
Amounts falling due within one year on demand: |
Bank loans |
Amounts falling between one and two years: |
Bank loans - 1-2 years |
Amounts falling due between two and five years: |
Bank loans - 2-5 years |
Best - Be A Better You |
Notes to the Financial Statements - continued |
for the Year Ended 31 January 2024 |
12. | MOVEMENT IN FUNDS |
Net |
movement |
At 1.2.23 | in funds | At 31.1.24 |
£ | £ | £ |
Unrestricted funds |
General fund | 28,414 | (47,095 | ) | (18,681 | ) |
TOTAL FUNDS | (47,095 | ) | (18,681 | ) |
Net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 469,494 | (516,589 | ) | (47,095 | ) |
TOTAL FUNDS | ( |
) | (47,095 | ) |
Comparatives for movement in funds |
Net |
movement |
At 1.2.22 | in funds | At 31.1.23 |
£ | £ | £ |
Unrestricted funds |
General fund | 7,889 | 20,525 | 28,414 |
TOTAL FUNDS | 7,889 | 20,525 | 28,414 |
Comparative net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 391,549 | (371,024 | ) | 20,525 |
TOTAL FUNDS | 391,549 | (371,024 | ) | 20,525 |
Best - Be A Better You |
Notes to the Financial Statements - continued |
for the Year Ended 31 January 2024 |
12. | MOVEMENT IN FUNDS - continued |
A current year 12 months and prior year 12 months combined position is as follows: |
Net |
movement |
At 1.2.22 | in funds | At 31.1.24 |
£ | £ | £ |
Unrestricted funds |
General fund | 7,889 | (26,570 | ) | (18,681 | ) |
TOTAL FUNDS | 7,889 | (26,570 | ) | (18,681 | ) |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 861,043 | (887,613 | ) | (26,570 | ) |
TOTAL FUNDS | 861,043 | (887,613 | ) | (26,570 | ) |
13. | RELATED PARTY DISCLOSURES |
Companies controlled by D Bryden donated £207,531 to the charity during the year. |