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Company Limited by Guarantee |
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FOR THE YEAR ENDED |
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COMPANY LIMITED BY GUARANTEE |
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FINANCIAL STATEMENTS |
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PAGE |
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Trustees' annual report (incorporating the director's report) |
1 |
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Independent auditor's report to the members |
5 |
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Statement of financial activities (including income and expenditure account) |
9 |
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Statement of financial position |
10 |
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Statement of cash flows |
11 |
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Notes to the financial statements |
12 |
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COMPANY LIMITED BY GUARANTEE |
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TRUSTEES' ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) |
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Registered charity name |
Future Horizons Leeds |
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Charity registration number |
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Company registration number |
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Principal office and registered |
Unit 1 |
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office |
2 Wyther Lane |
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Kirkstall |
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Leeds |
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LS5 3BT |
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United Kingdom |
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AUDITOR |
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Chartered accountants & statutory auditor |
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20-22 Bridge End |
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Leeds |
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LS1 4DJ |
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Trustee |
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COMPANY LIMITED BY GUARANTEE |
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INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF
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(Senior Statutory Auditor) |
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For and on behalf of |
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Chartered accountants & statutory auditor |
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20-22 Bridge End |
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Leeds |
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LS1 4DJ |
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COMPANY LIMITED BY GUARANTEE |
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STATEMENT OF FINANCIAL ACTIVITIES |
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(INCLUDING INCOME AND EXPENDITURE ACCOUNT) |
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2024 |
2023 |
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Unrestricted funds |
Total funds |
Total funds |
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Note |
£ |
£ |
£ |
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Donations and legacies |
5 |
(
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(
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– |
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Charitable activities |
6 |
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Total income |
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Expenditure on charitable activities |
7,8 |
(
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(
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(
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Total expenditure |
(
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(
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(
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Net income and net movement in funds |
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Total funds brought forward |
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Total funds carried forward |
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COMPANY LIMITED BY GUARANTEE |
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STATEMENT OF FINANCIAL POSITION |
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2024 |
2023 |
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Note |
£ |
£ |
£ |
£ |
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Tangible fixed assets |
12 |
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Debtors |
13 |
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Cash at bank and in hand |
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CREDITORS: amounts falling due within one year |
14 |
(
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(
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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NET ASSETS |
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Unrestricted funds |
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Total charity funds |
16 |
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Trustee |
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COMPANY LIMITED BY GUARANTEE |
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STATEMENT OF CASH FLOWS |
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2024 |
2023 |
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£ |
£ |
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Net income |
141,139 |
228,919 |
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Adjustments for: |
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Depreciation of tangible fixed assets |
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Accrued expenses |
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Changes in: |
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Trade and other debtors |
(
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(
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Trade and other creditors |
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(
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Cash generated from operations |
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Net cash from operating activities |
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Purchase of tangible assets |
(
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(
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Net cash used in investing activities |
(
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(
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NET INCREASE IN CASH AND CASH EQUIVALENTS |
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CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR |
329,371 |
110,385 |
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CASH AND CASH EQUIVALENTS AT END OF YEAR |
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COMPANY LIMITED BY GUARANTEE |
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NOTES TO THE FINANCIAL STATEMENTS |
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Leasehold improvements |
- |
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Fixtures and fittings |
- |
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Motor vehicles |
- |
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Computer equipment |
- |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Donations type 1 |
(3,752) |
(3,752) |
– |
– |
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------- |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Fees receivable |
2,264,180 |
2,264,180 |
1,981,806 |
1,981,806 |
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Other income |
6,777 |
6,777 |
410 |
410 |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Young adults care and education provision |
2,095,988 |
2,095,988 |
1,721,290 |
1,721,290 |
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Support costs |
30,078 |
30,078 |
32,007 |
32,007 |
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Activities undertaken directly |
Support costs |
Total funds 2024 |
Total fund 2023 |
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£ |
£ |
£ |
£ |
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Young adults care and education provision |
2,095,988 |
– |
2,095,988 |
1,721,290 |
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Governance costs |
– |
30,078 |
30,078 |
32,007 |
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2024 |
2023 |
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£ |
£ |
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Depreciation of tangible fixed assets |
52,143 |
54,127 |
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-------- |
-------- |
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2024 |
2023 |
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£ |
£ |
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Wages and salaries |
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Social security costs |
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Employer contributions to pension plans |
57,826 |
41,974 |
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2024 |
2023 |
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No. |
No. |
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Administrative staff |
49 |
51 |
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---- |
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2024 |
2023 |
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No. |
No. |
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£60,000 to £69,999 |
1 |
1 |
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Leasehold Property Improve -ments |
Fixtures and fittings |
Motor vehicles |
Computer Equipment |
Total |
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£ |
£ |
£ |
£ |
£ |
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Cost |
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At 31 August 2023 |
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Additions |
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– |
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At 30 August 2024 |
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Depreciation |
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At 31 August 2023 |
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Charge for the year |
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At 30 August 2024 |
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Carrying amount |
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At 30 August 2024 |
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--------- |
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At 30 August 2023 |
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--------- |
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-------- |
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2024 |
2023 |
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£ |
£ |
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Trade debtors |
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Prepayments and accrued income |
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--------- |
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--------- |
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2024 |
2023 |
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£ |
£ |
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Trade creditors |
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Accruals and deferred income |
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Social security and other taxes |
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Other creditors |
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At 31 August 2023 |
Income |
Expenditure |
At 30 August 2024 |
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£ |
£ |
£ |
£ |
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General funds |
679,257 |
2,267,205 |
(2,126,066) |
820,396 |
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At 31 August 2022 |
Income |
Expenditure |
At 30 August 2023 |
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£ |
£ |
£ |
£ |
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General funds |
450,338 |
1,982,216 |
(1,753,297) |
679,257 |
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At 31 Aug 2023 |
Cash flows |
At 30 Aug 2024 |
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£ |
£ |
£ |
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Cash at bank and in hand |
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181,541 |
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