REGISTERED COMPANY NUMBER: 02626968 (England and Wales) REGISTERED CHARITY NUMBER: 10035411 rt of the Trustees and UD&U(llted Financial Statements for the Year EDded 31st Mar¢h 2025 for Cornerhouse D.'orkshire) A Com an Limited bv Guaranteej
Cornerhouse OrkShIrt Contents of the Financial Statements for the i'car ended 31st mLh 2025 Page Report of the Trnstoes I to 10 Independent Examiner's Report Statement of Fingncial Activities 12 Balance Sheet 13 to 14 Casb Flow S¢atemen¢ 15 Iyotes trj the Cash Floiv Statement 16 Notes to the Flnanclal Statemenls 17 to 26 Detailed Statement of Flnanelal Actlvitles 27 10 28
CorDerhouse orkshire ort of the Trustees for the vear ended 31st March 2025 The Irustees who are also diTcclors of the charity for the purposes of the Companies A¢1 2006, pr¢sent their report with the financial slalcrncnls of Ihc charity IOT th¢ yeai ended 31sl March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Stalement of Recommended Prdctice applicable to charities preparin¥ their accounts in accordan¢¢ with ih¢ Finan¢ial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective I Jatwary 2019). Page I
Cornerhou8e (Yorkshire Rep.or¢ of the Trustees for the ended 31st March 2025 OBJECTIVES AND ACTIVITIES Objectives and aims The services delivered by Cornerhouse have been developed to meet the neds of the young people of Hull. The staff lar seek feedback from young people and professionals Ihrough joint action planning; evaluation fornis, and f¢¢dba¢k from other s¢rvic¢s. Int¢rv¢ntions Can th¢n be developed to me¢t th¢ n¢¢ds id¢nlified by young people. Infonnation from external consultation5; c.g. Healthy Lifestyles. JSNA, and througb attcndancc of a numbcr of stratcgic mcctings" I.c.. Hcalth & Wellbcing BoaTd & BcttcT Togethcr and othcr inforn]atioll is utiliscd to cnsuTc thc organisatiOJL is dclivaing what is nccdcd. The LompanYs objects and PTillLipal activities are: To work with organisations in the health and social care sector. local government, voluntsry Icommunity seclor and indiviiknals in line with national and local sexual health strategies. public health and othcr relevant strdtcgies to raisc awareness of healtl) Tisks and increase access to sexual health services to prevent sexu211y transmitted infections and unplanned conccplion. - To focus on sexual health and wellbeing, particularly targeting young men and women and other vulnerable OT marginalised groups to ensure they understand the risks of unprotected sex and to promote the benefits of using condoms to avoid Ihc risk of sexually transmitted infections aTriVor unplanned PTegnancies. To provide inforn]alion, suppori and services lo enable people lo make infornied choices, and tske appropriate action, to improve their sexual health and wellbeing, and reduce the stign)a aS¢lated with Sexually transmitted infections and HIV. How our aetivitits deliver pub]ie btnefjt Our main activities and who we ty to support are described below. AU our activities continued to focus upon providing inforn)ation, support and services lo Seice users on issues of wellbeing and sexual bealth and are imdertaken to rther our charitable purposes for the public benefit whilst considering the guidance contaiThed in the Charity Commission's Seral guidance on public benefit. Who used ydnd benefitted from our Services? The main beneficiaries of th¢ services othlined below ar¢ young people aged 10-19 years old. The interventions Tange from one-to-one support lo group work in schools. One to ones may also take place in the community using a trauma tnfornied approdch to enable youn¥ people to begin to forni isted relationships and to dis¢uss issu¢s affecting th¢m. Ov¢r the year the services have completed over 5000 contacts with young people and have supported them into otheT Services when required. Objectives and Actiiuties The services provided by Cornerhouse are below.. - R¢ath Out is a street-based service aimed at providing intervention4 activities and support to young people who may not acccss rnainstreom provision. It delivers sbifis twice 4 day, 5 days per week in areas where young peopl¢ meet. It provides ci>nfidcntial InforntIon, advice aJd support to young people who may be vuln¢rdble,' especially young people that are reported missing. Thc project responds to intclligcncc providcd through a Gomrnon lasking ftarncwoTk. This enables us to target geographical areas within the city- - Hipsidc - This project uses a Irauma informed approach ihat delivers a range of interventions to children and young people who nMy be al risk of entering the Criminal justi¢e system. The project works with young people between th¢ ages of 11-19. his project deliv a range of interventions and support to young peopl¢ aged between 11-19 who are al risk of entering the criminal justice sy5tern. The service provides one to One support to young people who have been identified as dernonslraling coercive and controlling behaviours and inappropriate sexual behaviours. The projeci also delivers one to one support arowid emotional Control work as we21 a8 relaiionship work who are identified as SEND. The proj¢ct also targets young people at risk of both sexual and ¢riminal exploitation. Page 2
Cornerhouse {Yorkshire Report of the Trustees for the vear ended 31st March 2025 Cornerhouse continues to deliver a Young People's Peer mentoring project that trains up young people lo provide emotional health support to their peers within some schools in Hull. Siep4)ul group - This group is aimed al young people idenlifjryng as LGBT+, and provides a safe space where they can meet others on a weekly basis. The worker also provides one-to-one support to young people in schools and ihe comrnunity. Relationship and Sex Education,, The organisation delivers RSE and h¢althy relationthip education to groups of young peopl¢ in s¢hi)ols and youth venu¢s. - Professionals Training - the organisation provides tsaining to other professionals including exploilation awmess, Trauma infom]ed care courses, how to deliver RSE sessions, 8nd the Rainbow Flag award. - Parents worker- to meet the support needs ofparents and car¢givers in one lo on¢ and group settings. where there are risks of exploilation to their chil(tr¢]J. Increasing support and raising awareness in schools around the vulnerabilities and support of cbildren of arnied force s¢Nices personnel. Page 3
Cornerhou$e orkshire e ort of the Trustees Tor the ended 31st Mareh 2025 ACHIEVEMENTS AND PERFORMANCE Charltable aetlvlties Thc main 2weas of charitable activity are the provision of outreach work. peer mentoring, Flipside. supporting young people who identify as LGBTQ+. delivery of RSE and hcalthy rclalionship work, and support for young people al risk of exploitation. Annual Highlights Flipside Ovei the past 12 months the Flipgide team have continued to providc Nitsl support lo many of Hull's most vulnerable young people. The numbers speak for themselves - but what thc numbcis don't tcll you is thai Flipside is working with an average of 132 young people at any one given moment Tn time throughout the 202412025 reporting period. Flipsidc have recorded a 2/ts incrcasc in rcfcrra15 con]paTed the 202312024 repot1ing period and a notsble incTcase from Children's Social Carc involved with young people and families who are experiencing both generational tTaumo and multiple issues of deprivation. A number of young people the project works have trauma as a result of being exploited. This has meant a numbcr of intervenh.ons wherc thc staff havc discussed with them about healthy relationships, how to stsy safe and have supported youn8 peoplc in accessing sexual hcalth seNices. As part of the organisations annual return to the NHSE we have lo includ¢ an equality impact assessment. This breaks down the number of people we engage with by gender, age, postwde, sexuality and etlmicity. The results showed that there was an increase in the number of young wom¢n referred inlo the project wbich tsllied with the Youth Justice data. Some of the reasons for this was the number of them that had been referred for potential grooming and exploitstion. In temis of postcodes, we are still finding that the maJity of young p¢opl¢ liv¢ in ar¢as of high deprivation which backs up the research carried out on the impact of poverty etc. on young people's lives. The interventions lake place in a range of different attas e.g. sch¢x)Is, Colleges, at home and Rn the community. The projed attends Diversion and prevention meetings, chaired by Youth Justice Service, on a w¢¢kly basis and as a result tskes r¢fen71s directly from this process. We are able to monitor how many young p¢oplc b¢¢ome ftrst time entrants after we hav¢ worked with ihem. Out of 60 young people tak¢n as refealS only 6 had entered the system. Some of the successes or working with the young people have in¢lud¢d improved attendance at school. less cases of going missing- chang¢ of fricndship groups and improved emotional ILealth. Comcrhouse have created fiher added valuc for the Flipside project this year by recruiting a new complemenlary role, fimded by the Health Inequalities Commw)ity Development Fund provides a Family Support Worker whos¢ sol¢ responsibility is lo work with parents and carers of young people who aTe regularly going mi95ing and are vulnerable to being exploiled. Reachout - This project continu¢s to dcliveT vitsl servi¢¢s lo young people who chiK>se to meet friends in parks and on street corners. The n1n aims of the project are to engage with young people and to provide a tn]sted adult who thcy Can access for support. The project has worked with a number of young people who are potentially on the edge of being exploited and hav¢ providcd inteentionS to enable them to change their own pathways. During the winter months they teamed up with a local fo1 provider and werc ablc to supply snacks to yowig people who were hungry and whose families wcrc strUg]ng with thc cost of living. Ovcr thc past year, the project has worked with over 3500 contscts. This has included ensuring that young people are safe when they are reported missing. activities such as roundcrs and football, and engang with them about their livcs and healihy relationships as well as providing a sexual hrdlth scrvicc. The project devised and lcd an cvent. the HU7 summil which brought a huge range of Services togethcr to offcT a con]rnunity event for Childr young people and families to attend and discover available support and resources, the event was really SIIC¢¢ssful and had about 250 people rhrough the door. Staff has also linked in Mryth other services to svpport in "Sports Fest" held in the north of the city. Page 4
Cornerhouse (Yorkshire) Report of the Trustets for theyear ended 31st March 2025 We gained additional funding through the OPCC in partnership with Tigers Trnst to deliver additional shifts around the Beverl¢y Road and Pearson PaTk area to Hull, with an aim to inlcgrate young peuple fr()m diff<rt back grounds in the area and divert them to aclivilics and safer space. The projevt are also part ul a natiunal survey looking #t the impact or streeÉ-based outreach Work on low level criminal behaviour and antisocial behaviour. Project staff also supported two young people lo participate in a perfornunce in the cities annual freedom festival called CODb. with perfonnance group, Justice in Motion. Young People'5 Peei Mcntoring Projcct - This picce of woTk is continuiDg in onc school. The woikeT annually traills young people to become Peer Mentors, to support others within the school who need emotional health support. Over the last year the worker trained 12 young people who then supported their peer5. Step Out - A weekly group that supports young LGBT+ aged 11-16. Thi¥ group ntInueS lo meet weekly and is a closed up. The young people take part in activities as well as an opportunity to meet and make new friendships. It provides a range of interventions includtng one to one support as well as oppommities to take part in actiTrities including art, writing and Hull PRIDE. Duiyng the school holidays th¢ group takes part in a range of activities which h¢lp to encourage friendships as well as having a safe space to be themselves. These additional activities included ice skating, laser tagy picnic and a day at the beach. where for some of the group it was the first time, tbey felt able to swim wtth theirpeers. The wokns also organised "Pride Prom" in partnership with Tllge Trnst which enabled young people who idenlify as LGBT+, to attend an evening wh¢r¢ they could be themselves and dress how they wanted io. The project also offers one to one support lo young people who identify as LGB TQ+ within schools, support aTJd advices around the creation and nn)ng of LGBTQ+ groiips in schools, and supports school with LGBTQ+ inclusivity project the Rainbow Flag Award. Training slaff deliver a range of training within s¢h(pols and ¢olleg¢s. This ranges from healthy r¢la(ionshtp sessions, includ]ng consent, sexual health, exploitation and other issues to young people in a variety of Settings. The organisalion is a150 part of the Framewoik of Trainers to cascade TTauma infomied training acr05S thc ICB arca, this iDcludc5 Staff d¢livering a one day cours¢ across th¢ ICB area and an online half day introduction training session. In addition to this we provide CPD training to teachers and other staff within schools which cover topics around sexual health, healthy relationships. CSEICCE and the Rainbow Flag award. A mcmbcr of staff dcliycrcd on a pilot projcct to dclivcr a piccc of training callcd "woiking with rnigrant communities" training in partnership with the University of Sheffield. We also partnered with tbe University of Hull and Active Humber to facilitate W0$hopS around LGBTQk incI81Vity in sports. b&sed around the play SAFER, which explores the experience of an inclusive rugby team. Parent Support - As mentioned above we were successful in s¢curtng funding for an identified gap in our services. This project will work exclusively with parents and cajegivers (rnther tban young people's support w0er$ also supporting careglvets) where there are risks of, or identified exploitation of th¢ children and young people in one to one and group settings. Th¢ position was recrnited in January and th¢ WOTk¢r has been attending existing p&r¢nting groups and serYi¢¢s around th¢ city, as well as netwoed with services such as edu¢ation and social care to mak¢ the offer well knoll. They have started some one to one suppi)rt Mryth parents, and have plans to start the groups in the immediate fvtLtre. Page 5
Cornerhouse orkshire Rt rt of the Trusttt$ for the veor ended 31$t March 2025 FINANCIAL REVIEW Financial position The executive management conm)ittee complies with the Charity's CommissÉon ChaTity finances.. TrustCC5 Essentials (cc25} guidance. The a¢count5 show a healthy balance of reserves however due to cuts in funding we are now needing to draw on these to cover some core costs and to pilot new projecls. As costs are rising, we are still constantly seeking new funding opportunities. however the charity sector as a whole is sthlggling so competition for new fimding is kngh. On a positive note, in the financial year 24-25 only I Ik was needed from the unrestricted reserves designated for future projccl dclivcry and corc costs. this is Lonsiderubly less Ihan anticipated as we deliyered training which secured more income and we Teeeived over £25k in inleresl on inveslmenls. Principal funding sources The majority of funding for the charitys activities have been provided by way of grant and contract incom¢ from Hull City Council & NHS HUrnb and Yorkshire. Hull City C4)uncil_ Reachout Cornerhouse secured the ntract lo deliver the Reachout project for a further 5 y¢ars. The fvnding 15 secured until March 2030. Hull City Council - Parent Worker This year we secured 2 years fimding to employ a worker to support parents of young people al risk of exploitation. The project started January 2025. NHS - Flipside Fundtng for the Flipside project is secured until March 2028. Training Wc have secured funding of £7,200 to deliver training between April and September 2025. Interest In 2024_2025 we had a number of l and 2 yeaT term deposits maturc that had been invcstcd which Tcsulted in interest received of over £25k. This will be used to fvnd ihe LGBTQ+ project in 25126. Sch()ol RSE Delivery Over the year we have delivered many paid tor SSiOnS i]J schools and othcr organisalions £30k. This includcd Rainbow Flag accreditation training. IDVeStment policy and objectives Thc chaIity's investment policy seeks lo promote the best financial return within an acc¢ptable level of risk whil¢ tecognising capital presetvation 15 of upmost importance. The policy therefore requires the Charity to hold its assets in risk aver5¢. ethica] products deposited lli reputable institutions whilst spreading the risk and allowing the charity to ensure as much as possible is protected under the Financial se1¢es ComrKnsation Scheme guarantee. With interest rates on fixed tenn products been good over the year 80 as old products n)atured, we have been able Io Teinvest in products with rates up to 4.5 /.. In 24125 the interest earned in the year of £26,752 (2024.. £12,902). Page 6
Cornerhouse Yorkshtre rt of the Trustees ar ended 31st Mar¢h 2025 for the FINANCIAL REVIEW Reserves policy The Executive Management Con]mittee h8s examined the chatity'5 requirement for T¢s¢rv¢s in light of the main risks to the orsanisation and has established a policy whereby the unrestricted funds not conjmitted or invcsted in tangible fixed assets held by the Charity should be a minimum of four months reseryes. The reserves are needed to - Support the continuation of services provided io service users in times of fmancial uncertainly Continue to fund core staff and meet the WOTking capital requirements of the charity and the Executive Management Committee are confident that at this level they would be able to continue the contracted activities of the charity in the eveJ)I of a lo promote long tem] sustainability whilst securing new fvnding - Ensure continuation ofactivity during any n-dOWn period. UDrestricted Funds At the end of the year, the charity's general unrestricted reserves stood al £536,130. Unrestricted Reserves at 3113125.. £536,130 Less Fixed assets: £1.305 Designated Futtwe Delivery £82,015 (Pilot projec15 and overheads) L¢aving £452,810 as unre8tricted funds including contract project delivery. Restricted Funds The restricted fimdq Contsin an element of general reserves built up over many years by grdnt and service level underspends. We have been p¢nnitted to ke¢p th¢s¢ monies to help with future similar project funding and overhead costs. Of this there is an element being used to pay back a pension deficit built up by the workers that had been delivering the projects. Restricted Reserves at 3113125.. £288,779 Of which Designated Hardy Fund £12.988 FUTURE PLANS Th¢ Executive Comnllttee have been meeting on & regular basis lo plan for the fijttwe. - Review of the services Cornerhouse delivers and how the organisation Can d¢velop to meet the need5 of th¢ Communities. - Continue to seek new funding stream. - Develop pare[ship aTrang¢rnmts with oth¢r orgaDisations in order to apply for future tenders and grants. - Consolidate the strategic role that Comerhouse plays in the field of young people and health related issues. STRUCTURE, GOVERNANCE AND MANAGEMEKr Governing document The organisation is a charitable company limited by guarantee. incoTporated on 5th July 1991 and regislcred os a charity on 25th July 1991. The cornpany was estsblished under a Memorandum of Association, which established the objects and powers of Ihe charitable company and is governed under its Articles of Associatioj). In the event of the company being wound up members are required to contribute an amowit not edIng £1. Page 7
Cornerhouse orkshire Re ort of the Trnstees for the l'ear ended 31st March 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT liecruitmemt and appoijjtment of new trustees Th¢ a1CtOrS of the Company ar¢ also Charity trnsl¢¢s for the poSeS of charity law and under the company's Articles are known as members of the Exewtive Management Committee. Under the requiremen15 of the Memorandum and Articles of Association ttLC mcmbo7 of thc Exccutivc Managcmcnt Con]rnittcc are elcLled to serve for a period of chree years after which they must bc rc-clcctcd at thc ncxt Annua] Gcncral Meeting. Due lo the nature of sexual health much of the charity's work inevitably focuses upon young people. The Exccutivc Management Committee seeks to ensure thal the needs of this group are appropriately reflected through ihe diversity of the ITuslee body. The charity also uses a variety of methods. for cxamplc- sclcctivc advcrtisin¥ IhTough newslellers distributed to the voluntary and community sectors, and thc usc of n£tWOTks- boib in the private and public sectors to encourage individuals lo stand for election to the Executive Management Cornmiltec. Organisational structure Cornerhou5e (Yotkshire) has an Executive Management Committee who m¢et bi-monthly and are responsible for the strategic direction and policy of the charity. At present the Committee has three members frorn a varicty of backgrounds relevant to the work of the charity. We are actively recrniting new members. A scheme of delegation is in place and day lo day responsibility for the provision of the Se1¢¢$ rest with the Chief Executive along with the Administration Manager. The senior management team is responsible foT a]swing that the charity delivers the seThic¢s sp¢cifi¢d and that key perfonnance indicators are met. They have responsibility for the day-to-day operational management of the ¢harity, individual supervision of the staff tell and also ensuring that the t&gm continues to d¢velop their ski118 and working praetices in line wilh good practice. Inductlon and training of new trustees Most cuent trustses are already familiar with the practical work and charitable objectives of the charity having been volunteers or employ¢es of Cornerhouse {Yorkshire). Additionally. new trustees are invited and encouTa¥cd to attcnd the sexual health foundution course Ihal volunteers must complete and pass to familiarizc thcn]sclvcs with thc charily and lh¢ contcxt within which il operates. N¢w tn]stees are given a copy of the following documents which covers: ' Thc obligalions ofExeculive Management Conmiittee members Job description of the role of an Executive Managcmenl Conllnittee rnember and role5 of elected Otrjcers Chair. Vice Chair and TreasureT . The main documents which sel out the operational framework for the charity including the Memorandum and Arti¢1¢s Resourcing and the ¢urrellt financial position as set out in the latest published accounts ' Future plans and objectives as set out ITA the Business Plan A Checklist and pack have a]so been prepared drawing inforn)ation from the various Charity Commission publicalions signtM)sted through the Commission's guide "the Essential TTuslee" as a follow up to these sessions. The Company Secretary will eDsur¢ the Exewtiv¢ Management Committee members are made aware of any changes in their obligations as Ist¢eS andlor in ChaTity/Company law. Page 8
Cornerhouse orkshire Re rt of the Trustees for the vear ended 31st M&rch 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Related parti¢s In so far as it is coll]plimentary to the charity's objects, the charity is guided by both local and natt'onal policy. The charity is part of the local partncTships chargcd with Tcspullsibility fur delivering a range of both local and national strategies and comvnissioning scrviccs at thc Iocdl Icvel incluiks r¢pTesenlalives from 4)mongst others, the local authority, health and voluntary sector agencies. The rq)resentation of locaj OTg3nisations within this group has proved invaluablc to ihc charity in estublishing improved links within the Community and td¢ntifying relevant policy developments and prospective funding. The Executive Management Conmiittcc has conducted a rcvicw of1hc rn<ijor risks to which the charity is exposed. A risk register has bccn cstablishcd and is updated al Ica51 annually. Where apwopriale, systems or procedures have been establislied to Initigate the risks the charity faces. Significant external risks io fvnding have led to the development of a strategic plan. which will allow for the diver.sifi¢ation of funding and activities. Internal control risks are minimised by the impl¢m¢nlation of pro¢¢dures for auth0ri5atioD of all financial tTansaction5. Policies and procedures are in place to ensure compliance with health and safety of sta£f, volunteers, and seFvice users" adult & child safeguarding procedures,. equal opportunities and other relevant policies to ensure a consistent quality of delivery for all 0ratIonal aspects of the charity. The organisalion is r¢gist¢r¢d with Data Protection and Security TiJolkiÉ that supersedd NHS IG Toolktt. We are also complaint with the new GDPR legislation which came into force in May 2018. These policies are under regular review to ensure that they continue to meel the needs of the charity and any legal obligations. The executive management committee meet th¢ principles and outcomes of the Charity Governance Code by applying the recommended practice by reviewing the seven principles on a regular basis. Principal Risks The board have examined risks of tbe charity and identified the following as the principal risks.. l. Rcduccd fulldillg duc to nol secuiing new ¢ontracls The board have di$Ssed the use of Unrestricted Reserves and moncy has bccn dcsignalcd to alluw for the LTealion of pilol prOjlS that will then allow us to show proof of need and IKTrpefully strengthen our evidence for tUre fiinding bids. 2. Protecting reserves trorn baT]k failures We continue to ¢nsur¢ ow reserves are spread over a range of financial institutions thus allowing us to access good interest rates and r¢¢¢iv¢ as much protection from the FSCS as pos8ible. 3. TnLStee Number3 During 24125 we have recruited o further trustee onto Ibe boar(L REFERENCE 5'D ADMINISTRATIVE DETAILS Registered Company number 02626968 ffjngland and Wales) Registered Charity number IQ03540 Page 9
CorneThouse orkshir¢ Report of the Trustees ar ended 31st March 2025 for the Registered olee 29 Percy Stre¢t Hull Easi Yorkshire HU2 8HL Thistee5 D C Arrowsmith Cooper TT¢&surer & Chair Mrs G C Poole Deputy ChaiT Mrs T A Cope P Spooner L J Cowling (appointed 13111124) Independent Exatniner Sadofskys Chartered Accountants PriTJces House Wright Street Hull East Yorkshir¢ HU2 SHX Approv1 by order board ofÉnJste¢s on .................... ...... . and signed on its behalf by: Cooper l¢e Pag¢ 10
Inde ndent Examiner's Report to the Trustees of Cornerhouse Independent examiner's report to the trustees of Cornerhouse Iyorkybire) ethe Company,) I report to the charity tntee8 on my examination of the accounts of the Company for the year ended 3 Isl March 2025. RPonsibl11ties and basis of report As the charityes ttustees of the Cornpany (and also its directors for the purposes of company law) you aTe responsible for the preparation of the account5 in accordance with the requirements of the Companies Act 2006 ('the 2006 Act')- Having satisfied myself that the a¢¢ounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, l TCPOrt in rcspcct of my CXdInindtion of your chaTity's accounts as carried out under Section 145 of the Charities Act 2011 (Ihe 2011 ACV). In caTrying out my cxau]ination I have followed the Directions given by the Charity Cornmission under Sedion 145{5) 0)} of the 2011 Act. Independent exatniner's statement Since your charitys gros% income exceeded £250.000 your examiner must be a member of a listcd body. I can confirn] that I am qualified to undertake the examination be¢ause I am a member of the Institute of Chartered Accountants in England and Wales. which is one of th¢ listed bodi¢s. I have completed my examination. I confirn) that no matter5 have come to my attention in conn¢ction with lh¢ examination giving me cause to believe.. aOUntIng records weT¢ not kept in respect of the Company as required by Section 386 of the 2006 Act. or Ihe accounts do not accord with those records. or 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 trne and fair view which is not a matter Consided as part of an independent examination. or the accounts have not been prepared in accordance with the n)ethods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their a¢counts in accordancc with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and have Come across no otheT mv4tteTS in ¢onne¢tion with the exan]ination to wknch attention should be drnwn in this rewi1 in order to enable a prop¢r understanding of the aceounts Éo be reached. Paul Drant FCA Sadofskys Chartered Accountants Princes House Wright Street Hull East Yorkshire HU2 8HX Dat¢.. Pagc 11
Cornerhouse orkshire Ststement of Fknaneial ActlvfitAes for the veaT ended 31$t March 2025 2025 Total funds 2024 Total nds UnrestTiCted fiu)ds Restricted fiDds Noles INCOME AND ENDOWMENTS FROM Donations and legacies 821 821 Charitable activities Health and well being 318,423 34268 352,691 326,519 Inv¢stm¢nt income Other income 26,752 5,0(10 26,752 5,000 12,902 5.000 Total 350,175 35.089 385,264 344,421 Ch*Yitable attlvfilles Health and well being 337217 46J72 383,589 392,595 NET INCOMEI(EXPENDITURE) 12,958 {11283) 1,675 (48,174) RECONCILYATION OF FUNDS Total fvnds brought forward 523,172 3110,062 823234 871,408 TOTAL FUNDS CARIUED FORWARD 536,130 28&779 824,909 823,234 The notes forni part of these financial statements Page 12
Cornerhouse.LY.orkshire Balance Sbeet 31stMarth 2025 2025 J'otal funds 2024 Total fimds UDTC5tricled fi]nds Reslricled funds Nofrs FIXED ASSETS Tangible assets li IJ05 JJ05 1,440 CURRENT ASSETS Debtors Cosh al bank 12 43.662 575.978 43,662 883J71 3,249 909,052 307,393 619,640 307J93 927,033 912,301 CREDITORS Amounts falling due within one year 13 (84,815) {1&614) (103,429) (90,507) IYET CURRENT ASSETS 534025 288,779 823,604 821,794 TOTAL ASSETS LESS CURRENT LIABILIT]ES 536,130 288,779 824909 823,234 NET ASSETS 536,13 28¥,779 ¥24,909 823,234 14 UT]tcstricted funds.. General fund Fututr Delivery 454,115 82,015 394,777 128,395 $36,130 523,172 Restricted funds 288,779 300.062 TOTAL FUNDS 824,909 823,234 The charitsble company is entitled to exemption from audit under Section 477 of th¢ Companies Act 2006 for the year ended 31st March 2025. The membcrs have not required the company to obtain an audit of its financial statemcnts ftir the year ended 31st March 2025 iti accordance with Seclion 476 of the Companies Act 2006. The tnte¢S knOwledge theiT responsibilities for (a) ensurin£ that the ¢haritabl¢ company keeps accounting records that comply with Sections 386 and 387 of th¢ Cornpani¢s A¢t 2006 and preparing fmancial statements which give 8 true and fair view of the state of affairs of the charitable company as al the end of each financial year and of its surplus or deficit for each financial year in accordance with the requir¢ments of SectÈons 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 Telating to financial statements. so far as applicablc to thc charitsble cowy. (b) The notes fom) part of these financial statements Page 13 continued...
Cornerhouse Yorkshire Balanee Sheet- continued 31st March 2025 These financial ststemenls have been prepared in accordance with th¢ provisions applicable to charitsble companies subject lo the small compantes regime. The financial statements were approved by the Board of Tnlee5 and authorisd for i55ue on and st8n¢d on ils behalf by.. DCA mith Coop - Trustee The Dot¢s forn) part of these financial statemenis Page 14
Cornerhouse Yorkshire Cash Flow St#t¢ment for the iTar ended 31st March 2025 2025 2024 Notes Cash flows from operating activities Cash generdted from operahons {51 859) {43,592) Nei cash used ill operating aclivities (51,859) (43.592) Cash liows from investing activitie5 Purchasc of tangiblc fixcd asscts Interest re1Ved (574) 26,752 (416) 12.902 Nel cash provided by investing activities 26,178 12,486 Change in cash and cash equivalents in the reporting period Cash and cash equii'alents at the be%inDiDg of the reporting perind (25,681) (31.106) 909.052 940.158 C*sh and cash equivalents at the end of the reporting period 883,371 909.052 The notes forni part of these fmancial statements Page 15
Cornerhouse YorkshirJ¢ Notes to tht Cash Flow Stattment for the 'ear ended 31st MAreh 2025 RECONCILIATION OF NET INCOMEI{EXPENDITURE) TO NET CASH FLOW FROM OPERATI]¥JC ACTIVITIES 2025 2024 Net incomel{expenditure) for the reporting period (as per the Statement of FinaDCi81 ActitieS} Adjustments for: D¢precialion charges Interest received Oncrease)Idecrease in debtors In¢r¢ase in cr¢dilors 1,675 (48,174) 709 (26,752) (40,413) 12922 511 (12,902) 7.961 9,012 Net cash used in operations (51,859} (43.592) ANALYSIS OF CHANGES IN NET FUNDS At 114124 Cash tlow At 3113ll5 Net cash Cash ai bank 909,052 (25,681) 883J71 909,052 (25,681) 883J71 Total 909.052 (25.681) 883,371 The notes fonn part of these financial statements Page 16
Cornerhouse Yorkshire Note$ to the Ffih*helal Statements for the Itar ended 31st March 2025 AccouNfING POLICIES Basls of preparing the financlal statements Thc financial statements of the chatilable 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 appli¢able to ChltieS preparing their accounts in a¢cordan¢e with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l 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 statemenls have been prepared under the historical cost conventiou. Income All incom¢ is tccogniscd ill th¢ Stsi¢menl of Financial Aclivities once the charity has entiilemenl to the funds. il is probable that the income will be received and ihe amount can be measured reliably. Expenditure Liabilities are recognised as expendilure as soon as the is a l¢gal or ¢onstsv¢tiv¢ obligation ¢onunitting th¢ thaTity to that expcnditure, it is probable that a transfeT of economic benefits will be required in settlthnent and thc amount of the obltgation can be measured reliably. Expenditure is accounted for on an acclS basis and has been classified under headings that aggregate all cost related io the category. Wh¢ costs cannot be directly attributed to particular headillgs they have been allocated to aclivities on a basis consistent with tbe use of resources. Allocation and &pportionment of costs Apportioned using Full Cost Reeovery based on staff hours. Caleulated when the funding bid is written so the ap>rtIOMenI amount is fed for the length of the contract based on estirnated overhead costs. Tangible fLxed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimafrd use1 life. Fixtures and fittings 2/• on cost Taxatlon The charity is exempt from corporation tsx on ils charitable activities. Fulld aecDuntillg Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial Activities when received. All other income is recognised when there is evidence of enttlemellt to the gift. The acCTL1 method used in previous years is not peTmitted by the new SORP. Restticted fiinds are to be used for specific purw)ses as laid down by the donor. Expenditllre which meets these criteria is identifJ¢d to lh¢ fiu]<L together with a fair allocation of management and swport costs. Ut)restricted funds are donations and other Income received or generated for the obje¢ts of ihe charity, without further specifted purpose, and are available as general funds. Pensioll costs and otber post-retirement benefits The clwitsble company operates a d¢fuied ¢oThtTibution pension s¢hem¢. Contributions payable to the charitable company's P¢Dsion s¢h¢m¢ ar¢ charged to the Statement of Financial Activities in the period to which they relate. Page 17 continued..
Cornerhouse rkshire Notes to the Financial Statements- continued for ihe ended 31st March 2025 ACCOUI¥4TING POLICIES - eontinued Pension costs and other post-retirement benefits The company operates a defined contribution pension scheme with The Pcnsions Trust. Thc asscts of the scheme are held separate from those of ihe company In an independently administered fvnd. Contributions are charged to the iDcomc and cxpcnditurc account as they become payable in accordance with the rules of the scheme. However tlie coillpany has contributed in the past to a defined benefit multi-employer scheme which could rcsult in debt on withdrawal should the charity close, Ihis is now closed to contributions. The scheme is in deficit and ihe charity contribules a monthly deficit payment to help bring down the debt. Thc amount paid in the ycar towards thc dcfiLIt was £4,243.68 (£2,381.28 2023124). At ihc cnd of March 25 Ihc provision had been Teduced lo O. After a notification of the valuation of the scheme. Cornerhouse will be liable to a firfher £1.414.56 pla from May 25 to March 28. DONATIONS AND LEGACIES 2025 2024 Donations 821 INVESTMENT INCOME 2025 2024 Deposit account interest 26,752 12,902 llYCOME FROM CHARITABLE ACTIVJTIES 2025 2024 Activity H¢alth and well being Health and well b¢ing Health and well being Health and well being Health and w¢ll being Health and well being Granls Rainbow Lottery KUHCC Trading Coast & Val¢ NHS 33,322 946 135,615 16,087 149,921 16,800 11.694 1,081 132,232 9,130 142.782 29.61M) 352,691 326,519 Grants received, in¢luded in the above. are as follows: 2025 2024 Kingston Upon Hull City Council Hull anij East Riding Ttust 33J22 9,178 2,516 33J22 11,694 Page 18 onlinued...
Cornerhoust (Yorkshire) Notes to the Fiuan¢ial Statem¢Dts- continued for theyear ended 31st March 2025 CHARrrABLE ACTIVITIES COSTS Support costs (see note 6) Direct Costs Totals Health and well being 261 J50 122,239 383,589 SUPPORT COSTS Governance costs Other Totsl5 H¢alth and well being 11&81Q 3,429 122,239 ET ITrICOMEI(EXPENDITURE) Net incomel(expendittwe) is stated after chargingl{crediting)". 2025 2024 D¢pr¢ciation - owned assets 709 511 TRUSTEES, RELIIUNE114TION AIW BENEFJTS There were no tntees, remuneration or other benefits for the year ended 31st March 2025 rjor for the year ended 31st March2024. Trustees, expense5 There were no trustees, expenses paid for the year ended 31 st March 2025 nor for the year ¢nd¢d 3 1st March 2024. STAFF COSTS 2025 2024 Wages and salaries Social security costs Otherpension cosls 250,523 19,314 12,246 248.765 18,422 13,164 282,083 280,351 The average monthly number of employees during the year was as follows". 2025 2024 DireCt0ThrusteeS Management & Adniinislration Charitable activities 18 16 No employees received emoluments in excess of £60,000. Page 19 continued...
Cornerhouse orkshire Notes to the Finan¢ia] Statements- eontinued for the vethr ended 31$t Marth 2025 io. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTJVITIES Unrestricted fimds Restricted funds Total fimds INCOME AND ENDOIVMENfs FROM Charitable activities Health and well being 312,193 14,326 326,519 Investment income Other income 12.902 5,000 12.902 5,000 330,095 14.326 344,421 EXPENDrruRE ON Charitable activitie5 Health and well being 342,009 50.586 392,595 NET INCOMEI(EXPENDITURE) (11,914} {36,260) (48,174) RECONCILIATION OF FUNDS Total fimds brought forward 535,086 336,322 871,408 TOTAL FUNDS CARtUED FORWARD 523,172 3(K>.062 823,234 TANGIBLE FIXED ASSETS Fixbjres and fittings COST Ai 1st April 2024 Additions 111,258 574 At 31st Mar¢h 2025 111,832 DEPRECIATION At 1st April 2024 Charge for year 109818 709 At 31st March 2025 110&27 NET BOOK VALUE At 31st March 2025 IJ05 At 31st March 2024 1,440 Pag¢ 20 continued...
Cornerhouse orkshire Notes to the Finan¢ial Ststsments - eontlnlled for the 'ear end¢d 31st March 2025 12. DEBTORS: AMOUNTS FALLING DUE WITHIIY ONE YEAR 2025 2024 Trade debtors Prepayments and accrned income 42,615 1,047 2,255 994 43,662 3,249 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Social security and oiher taxes Other creditors AccNals and d¢f¢rr¢d income 4014 (38) 98,653 4,048 1,946 84,513 103,429 90,507 14. MOVEMENT L¥ FUNDS Net movement in funds At 3113125 At 114ll4 Unrestricted funds General fijnd Flltte Delivery 394,777 128,395 59338 {46,380} 454,115 82,015 523,172 12958 536,130 Restricted funds Hatdy Fund Headstart Fund General Fund ide Prom Headstart. Step Out Healthy Holidays Forces Parent W0er 13,488 1&752 260,299 1,471 884 3,080 2,1188 {500) (A8,752) {303) (3) 475 (157) (2,088) Il988 259,996 1,468 1,359 2,923 10,IM5 10,045 31)0,062 {11283) 2779 TOTAL FUNDS 823,234 1,675 824,909 Page21 continued...
Cornerhouse York$hire Notes to the Fimancial Statetnents- ctsDtinued for the T¥ear ended 31st Mareh 2025 14. MOVEMENT IN FUNDS - comtinued Net movement in fund5, included in the above are as follows: Incoming resources Resourc expended Movem¢nt in funds Unr¢5tri¢ted funds General fund Future Delivery 333J75 16,800 (274,037) (63,180) 59J38 (46J80) 350.175 (337.217) 12,958 Restricted funds Hardy Fund Headart Fund General Fund Pride Prom Headslart- Step (n Healthy Holidays Force5 Parent Worker (500) (18,752) (303) (824) (471} (157) (17910) (500) (18,752) (303) {3) 475 (IS7) (2,088) 821 946 15,822 17,500 (7,455) 111,045 35,089 (46J72) (11283) TOTAL FUNDS 385,264 (383,589) 1,675 Page 22 continued...
Corfterhouse (Yorkshirel Notes ¢0 the Financial Stgtements - continued for the ar ended 31st March 2025 14. MOVEMENT IN FULYDS - contlnued Comparalives for rnovement in funds Net movement in fillS Ai 3113124 At 114r23 Unres¢rlcted funds General fimd Fulure Delivery 369,985 165,101 24.792 (36,706) 394,777 128,395 535,086 (11.914) 523,172 Restricted funds HaTdy Fund Headstart Fund General Fund Pride Prom Headstart - St¢p Out Healthy Holidays LGBT+ Hull CC Forces 14,IB8 50,094 260,643 1.374 1.384 1.689 6,950 (700) (31,342) (344) 97 (500) 1,391 (6,950) 2,088 13,41S8 18,752 260,299 1.471 884 3,080 2,088 336,322 (36.260) 300,062 TOTAL FUNDS 871,408 (48,174) 823,234 Compardtive net movemenl in funds, included in Ihe above are as follows: Incoming resources Resources expended Movement in flmds Unrestricted funds General fund Fllre Delivery 330,095 (305,303) {36,706) 24,792 (36.706) 330.095 (342.009) (11,914) Restrieted funds Hardy Fund Headstart Fwid General Fund Pride Prom Headstart - Step Out Healthy Holidays LGBT+ Hull CC Forces (700) (31,342) (344) (2,419) {500) (1,241) (6,950) (7.090) (700) (31.342) (344) 97 (500) 1.391 (6,950) 2,088 2516 2,632 9.178 14,326 (50,586) (36,260) TOTAL FUNDS 344,421 (392,595) (48,174) Page 23 ontinued...
Cornerhouse orkshire Notes to the Financial Statements- continued for the vear ended 31st March 2025 14. MOVEMENT IN FUNDS - Continued A current year 12 month5 and prior year 12 months combined position is as follows.. Net movement in fimds At 3113125 At 114123 Unr¢5tri¢ted funds General fund Future Delivery 369.985 165,101 84.130 (83,086) 454.115 82.015 535,086 536,130 Restricted funds Hardy Fund Headslart Fund Genernl Fund Pride Prom Headstari- Step Out Healthy Holidays LGBT+ Hull CC Parent W0er 14,188 50,094 260,643 1,374 1.384 ).689 6.950 (1.200) (50,094) (647) 12.988 259,996 1,468 1,359 2,923 (25) 1.234 (6.950) 10.045 10.045 336,322 (47.543) 288.779 TOTAL FUNDS 871,408 (46.499) 824.909 Page 24 continued...
Cornerhouse orkshire Notes to the Financ1 St*ttments- tontlnued for the vear ended 31st Mar¢h 2025 14. MOVEMENT IN FUNDS - contlnued A current year 12 months and Prior year 12 months combincd nct movement in fvnds, included in the above are as follows.. Ineoming resources Resources expended Movement in fimds Unrestricted funds Gcnejzl nd Fllre l)elivery 663.470 16,800 1579,340) {99,886) 84,130 (83.086) 680,270 (679,226) Restricted funds Hardy Fund Headstart Fund General Fund Pride Prom Headstart- Step Out Healthy Holidays LGBT+ Hull CC Forces Parcnt Workcr (1,200) (50,094) (647) (3,243) (971) {1,398) {6,950) (25,000) (1,200) (50,094) (647) 94 (25) 1.234 {6.950) 3,337 946 2.632 25,000 17,500 (7.455) 10.045 49.415 (96,958) (47,543) TiyfAL FUNDS 729,685 (776,184) (46,499) Restrlcted Funds Headstart Funding provided by Big Lottery via Hull CC to nm a peer mentoring project. Step Out Money provided by Hcadstart gruup 141 nm a support grnup around LGBT plus issues. Healthy Holidays Funding from Ilull CC to provide healihy activities in th¢ 5Ghool holidays. Pride Prom Money for hosting lde Prom for young people id¢niifying as LGBT+. LGBT+ Worker Funded by Hull CC & 2 Ridings for an LGBT(y advice network for schools and youth groups. Forces Fund(Hull CC) Working wilh Young people with parents in the forces. Hardy Fund This is a hardship fimd for people living with HtVIAIDS. Corncrhouse manag¢s and administers the scheme and Tesponds to claims for financial support. Unrestricted Funds General Fund £231,696 of this relates lo money re1ved to deliver contracts. Pag¢ 25 continued...
Cornerhouse orkshire Notes to the Financial Statements- continued for the vear ended 31st Marth 2025 14. MOVEMENT IN FUNDS- continued £82,014 is dcsignated by the truslees lo help cov¢r any shortfalls in fimding ftir core costs & managwnent costs ov¢r the coming years. £222,418 is general unstrIcted which includes a 3 month emergency reserve . 15. RELATED PARTY DISCLOSURES There We no lated party transactions for the yeaT ended 3 1st March 2025. Page 26
Cornerhouse orkshire Detailed Statement of Financi#l ActivRiSes for the ear ended 31st Mg4rch 2025 2025 2024 INCOME AND ENDOWMENTS Donatlons And Itgacles Donations 821 Investment Income Dewsit account interest 26,752 12,902 Charltable P4cliTrities Grants Rainbow Lottcry KL1Cc Trading Coast & Vale NHS 33,322 946 135,615 16,087 149,921 16,800 11.694 1,081 132,232 9.130 142,782 29.600 352,691 326,519 Other income Employer allowan¢e 5,000 5,000 Total incoming resources 385264 344,421 EXPETrIDITiTriE Charitable activities Wages Social secwity Pensions Hardy Fund - Individual appli¢alions High Sheriff - Flat Youth Commissioning (Reachout) Step Oul Headslart Pride Prom Healthy holidays LGBT+ project Coast and vale Rainbow flag Other unrestticted 160,480 12,876 8,164 500 305 65,865 471 (12) 824 157 63 &454 161,536 12,159 8.689 700 344 66,353 500 117 2,419 1,241 161 5,573 1,017 2,704 3203 261J50 263.513 Support costs This page doe5 not fo part of the statutory financial statemenls Page 27
Cornerhouse orkshirej Detailed Staterntnt of Fin#n¢fi*l Actlvfitles for the vear ended 31st MArch 2025 2025 2024 Support costs Otber Wages Social security Pcnsion5 Rates and water Insurance Light and heat Telephonc Postage and stationery Sundries Centre expense5 Waste and cleaning Subscriptions and journals Repairs and renewals Software li¢enee Fixlures and fittings 90.043 6,438 4,082 1,070 2,25 3,145 1,455 1,371 2,824 2,160 855 600 1,652 156 709 87,229 6,263 4,475 773 2,213 2,930 2,857 1,565 2,902 2,498 1,024 420 9,275 624 511 118,810 125,559 Cbovernance c05tS A¢¢ountsncy fees 3,429 3,523 Total resOueS expended 383,589 392,595 Net income/(expendlture) 1,675 (48,174) This page does not fomi part of the statutory financial staternents Page 28