Dctuswjn Envebpe ID. 514AFOB9.F484-8A3F-835WA6B37DADF4 Regi5t¢r•d numbèr: 2888960 Charkty number: 1033626 ACTION4YOUTH (A Company Limited by Guarantee) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 11111111 AF6XIKTS• 2310712026 ANIES HOUSE A14 219
Docusign Enve&* ID.. 514AF0B9-F4844A3F-835W370AoF4 ACTION4YOUTH {A Company Limited by Guarantee) CONTENTS Page Referenc¢ and Admiriistrativè Detsils of the Cornpany, ts Trustees and Advisèrs Trustees. Report 2-11 Independent Auditors. RÈport on the Finan¢ial Statemènts 12-15 Statement of Financial Activitres 16 Balance Sheet 17-18 Statement of Ca$h Flows 19 Notès to the Financlal Statements 20-41
D9n Enveknpè ID.. S14AFOBF484-oA3F-835G8370ADF4 ACTION4YOUTH {A Company Limited by Guarantee) REFERENCE ANO ADMINISTRATNE DETAILS OF THE COMPANY. ITS TRUSTEES ANO ADVISERS FOR THE YEAR ENDED 31 MARCH 2026 Tru$t¢e$ A S Dougla5, Chairman D P Knox. Vice Chairman D R Apperly L H Eldred I Z Haber lappK)inted 16 September 2025) G E J Harvey {appointed 16 September 20251 A R Peters (resigned 27 June 20251 N J Peters G R Shankland (resigned 11 December 20251 C R Soames (resigned 9 July 20261 N M Stinton (appointed 16 September 20251 D H Teasdale IresNJned 21 May 2026) Company registered number 2888960 Charity règistèr number 1033626 Registered office The Caldecotte Xperience 366 Simpson Roa(J Milion Keynes Buckinghamshire MK6 3AG Cornpany secretsry 8 Morrow Chi¢f ex¢¢uttvo ¢ffic¢r B Morrow Independent auditors Hillier Hopkins LLP Chartered AcccHJnlants 249 Silbury Boulevard MAton Keynes Buckinghamshire MK9 1NA Bankers Llowjs Bank pk 1 Market Square AOesbury Buckinghamshire HP20 1TD Page 1
DoEu>gn Envebp8 ID.. S14AFC8¥F4BMA3F435WM8370AOF4 ACTION4YOUTH {A Company Limited by Guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2026 The Trustees present their annual report together with the audited finanaal statements of Action4Youth for the year 1 April 2025 10 31 March 2026. The Annu81 Report serves the putposes of both a Trustees. rewjrt 8nd 8 dirertors. rèport under company law. The Trustees confirm that the Annual Report and financial statements of the ¢haritable company cofflply wilh the ¢urrenl statutory requirements, the requiremenls of the charitable CoMpanS goveming document and th8 proMsions of the Statement of Recommended Practice {SORPI applicable to ¢harilres preparing theif accounts in accordance with the Finanaal Reporting Standard applicable in the UK and Republic of Ireland IFRS102) {effective 1 January 20191. sin the Company qualifies as small under sedion 382 of the Companies Act 2006. the Strategic Report requireLI of medium and large companies under the Companies Act 2006 IStrategi¢ Report and Directors, Report) Regulations 2013 has been omitted. The charitable company also trades under the name The Caklecotte Xperience. Objectives and a¢tivitie$ a. Policiès and objectives The objectives of the charity are= To support thildren and young peopfe through informal education and outd¢x)r adventure activittes to enhance their physical, emotional. moral and Cultural ¢apabilitie5,' to provide children and young people with the skills and confidence to achieve their full potential. so that Ihey may become responsible and contributin9 members of society in adull life. wth a particular emphasis on those who are disadvantaged in some way. 111 svllliiy obleL-tiVWa <iiiQ ylanning ft)r aCtIeS. the Truslees Iiave 9rven due Lonsideratiuri to yerierdl guid<illL published by the Charity Commission relating lo publi¢ benefit. induding the guidance 'Public benefit.. njnning a charity IP82)'. b. Strategles for *¢hieving tsbjtctlves Our 51rategy to achieve our stated objectives indudes the followng threads.. To deliver outdoor 8tion at our centre in Milton Keynes, The Caldecotte Xperience (TCXI, in a way which is financialty sustainabk and which delivers rnaximum benefii to chil(Jren and young people in Buckingharnshire and throughout the surrounding regions. vth specific emphasis on those young People who are disadvantaged in some way. To provide a 58fe and welcorning space for young people in HKJh Wy¢ombe through our multi-setvice drop-in youth hub. The Junction. and to provide leadetship. training and support lo other youth service organisations throughout the county of Buckinghamshire. To work in dose collaboialion with schcrf)Is. altemative education promders. local authorities and other relevant partners lo design and deliver programmes that complement and enhanee the traditional classroom experience. To actively engage and listen to y)ung people. to advocate and serve as a voice for their views ané Interests. Pag8 2
DO9n Enveknpe ID". S14AFOBF484.8A3F4Ifj5AG837DADF4
ACTION4YOUTH
{A Company Limited by Guarantee)
TRUSTEES. REPORT {CONTINUEDI
FOR THE YEAR ENDED 31 PAARCH 2026
Objectives and a¢tivities (conlinued)
To be an active and engaged memtser of Ihe volunlary and community sector. regionally and nationally an($
lo work collaboratively wherever possible wilh other organisalions with shared missions and values, for the
overall benefit of children and young pewe.
c. Activities undertaken to achleve objectives
Action4Youth is a leading chanty suppOrng children and yuurrfJ peOe aged 5 - 18 years 125 SEND) in
Buckingharnshire & Milton Keynes as well as across surroun¢Jing regions. We are a membeT of UK Youth and
The National Asso¢i3tion of Boys and Girls Clubs and also have representation on The Youth Offending Service
Board, Bucks Strategic Partners Board. Eady Help 803rd, Opportunity Bucks Board and Ihe Milton Keynes
Voluntary Sector Alliance Steering Group. We actively engage wth local authorities, schools. the police an
olhers working within the sector to ensure the best oulcomes for children and young people Mrithin
Buckinghamshire and across surrounding regions.
Adion4Youth operates the fully aGcessible Caldecotte xperIen txjtdoor education centre in Milton Keynes
which provides young people wth opportunities to participate in outdoor adventure activities such as climbing
and abseiling. sailing and paddlÈtM)ardiro. caving. archery and bushcraft. Through these activities. participants
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Oocu$WJn Envekjpt ID." 514AF(W4B4-8A3F-835fv5M6837DhlJF4 ACTION4YOUTH (A Company Limited by Guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 Achievements and performance (continued) We entered the new finan(ial year, however, wth a more sustsinable Cost base and ambitious p18ns to grow our income and our impact through existing actimlies as well as through the development of new programmes. We a rx)ised to play a key role in thè implementation of the Govemment's new Nalional Youth Strategy. Youth Matters. in Ihe years ahead. Although we are now operating Vth smaller staff numbers than in previous years. we are fortunate to have retained a highly skilled team who have excellent knOwdge of our sector and who are committefj lo the organisalion and the children and yDung people we support_ AS of 31 March 2026, the balance sheet shows net assets including pension scheme liabilities of £1,954,758. of which, £1.180,074 is hekl in restricted funds_ Fixed assets primarily represenl our ownership of The Caldecotte xperIen as well as the inveslmenl ihere in the villages and the equipment necessary lo our operation. Whilst the net assets have dropped by £219.091 c<Jmpared io the prior year. our balance sheet and cash positson provide a solid posrtion io manage the thallenges ahead. The backdrop of the polrtical and economic situation. induding Ihe knocJ(-on effects of int8mational events. has Cated uncertainty. Action4Youlh has had to adapt to Ihis changing environment. New managemenl. induding the key positions of CEO and Centre Manager, has brought fresh ideas and a conseNative drive to improve the delivery of programmes we offer, whilst at the same time being mindful of the need for careful management to ensure we maximise the efficient use of resources. b. Key perforniance indi¢*ors Action4Youth's overall financial objeclive is lo maintain reserves at each year end that are sufficient to ensure the long-lerm financi81 sustain3bil¢ty of the org3nirJtion. that wc oporato cfficicntly and eff¢ctivcly. and thot w¢ are able to pursue our mission and purpose of supwrting ¢hiklren and young people to reach their fijll potential. The financi81 performan of The Caldecotte xperien and our fundraising efforts are crilical and closely monitored indicators. The Duke of Edinburgh Award is a small but growng income stream. and our p¥ogrammes revenue continues to grow. The IaUnCh of our school holiday Advenlure Clubs in Easter 2026 was OVehelminQIY positive. and this aLso provides an opportunity for significant growth in U)e future. Despit¢ the challenging finanrial climate, Acts"on4Youth ¢ontinues to receive sizeable and generous support through philanlhropi¢ income. largely from charitaNe trusts and foundations and corporate partners. This reflects the important nature of the work that we do and the significant impact that we have on the lives of children and your¥3 people in the region. ¢. R¢view of activiliès Aclion4Youth's primary purpose is to support children and young people to achieve their full potents.al and to provide them with the skills and corffidence to l&id happy and healthy INes. We do this through 8 number of programmes and actiwlies= Th• Caldecotte Xperl•nce The Calde¢otte Xperience is our fvlly aessIble outdwr education centre. located on the beautiful Calde¢otte Lake in the centre of Milton Keynes. where thildren and young people come for residential visits from April lo October where they can try new outdoor adivities such as sailing and paddleboarding. climbing. archery and caving. For many younger thildren who come to our'residential. visits. Ihis will be their first ovemight 518y away from their families and is a formatNe experience that they will remember for a lifelime. Throughout the year, we also welcome day visils from sthools. pupil referral units. aliemative provisions. Scouts and Brownbes, among others. Many of our programmes also indude an outdoor adventu element at Caldecotte. Page 4
Docusign EnveknpÈ ID.. 514AFOB9.F4B44A3F-83S55M67nDF4 ACTION4YOUTH {A Cornpany Limited by Guarantee) TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2026 A¢hievements and perfoman¢e {continued) The Caldecotte Xperience welcMe(l 10,304 y¢)ung people to the cenire lasl year, wth 3.407 of them having SEND or addrtional r*eds. The busiest monlh was June wih 1.597 visitors. and quietest was January with 288 visitors. The Junctlon The Junction, our youth centre in High Wycombe. opened in 2021 and is now a well-estsblished hub in the town centre. Open seven days a week from 4-9pm. the centre provioes a safe and wel¢oming space for young people where they can access y)ulh workers a number of sessions including cooking, boxing, mixed martial arts, music making, arts and (xafts alongside infomiation on relationships and sexual health and money matters. Visitors also have access to table tennis, a pool table. X box and board games. Buckinghamshire Council's Communily Safety Team has noted that youth anti-social behaviour in High Wycombe has been reduced since The Junction opened. The Junction is viewed by many as a mcKlel of best practice and centre staff serve as a key w)inl of Gontsct for any YOUrelale(j fflatters wthin ihe town. The Junction had 22.493 visits last year. This is made up of soffle young people who visit infrequenlly, such as monthly, and others who attènd nearfy every day. Programmes The Bre8kout Programme is designed lo support wung peop most at risk of becoming involved in criminal behaviour and is designed to eousp them with to(As to make more positive life choices. The programme runs over a 12-week period for cohorts of up to 10 syjung people from the same school and indude5 1-1 mentoring and classroom sessions led by irKlividuals with lived experience. Sessions include topics such as drugs antl alcohol awareness, the criminal justice slern. mental health and emotional wellbeing, healthy relationships and consent and street firsl aid. The programme 8150 includes ouldoor adventure sessions where participants leam key skills such as teamwod(. communication and resilience. Breakout is supported by both Thames Valley and Bedfordshire Police. 185 young pewe pa'Cipated in the Breakout programme last year from 16 different eduration establishments from across the Southeast. The Inspiratn Programme is a year-long enrichment programme ihat helps young people prepare for life beyond school by tleveloping knOwdge, skn.lls anty (xjnfidence. The programme is organised around five key pillars work life, arts and culture. c(Nnmunity and enmronment. health and wellbeing, and police and the criminal justice system and is linked to the Gatsby benchmarks for careers education. Outcomes frorn the programme include enhanced empkjyability skills and greater awareness of career pathways as well as greater confidence. resilience and self-awaTeness. 251 young people parb"cipated in The Inspiration Programme in 2025126. which runs in line wilh the academic year. BOOSTI is 8 five-day person31 development programme aimed at secondary4ged pupils with additional needs. particularty those from SEND schools. PUPNI referral units and alternative provisions. and builds nfIdence. resilien¢e and independence. The programmÈ includes classroom-based leaming sessions focusing on life skills and employability as well as ouldwr adventure leaming. 201 young peop partiapated in the BOOSTI Programme from 14 different education establishments across Bucks. Milton Keynes. Bedfordshire, Hillingdon and Northamptonshire. Page 5
D¢)wsigTr Envehwe ID.. 514AFO84B44A3F-83s5ANfj9j?0ADF4 ACTION4YOUTH {A Company Limited by Guaranlee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 Achievements and pèrfomMne• (conlinued) Youth Mentoring OUT imp8th1 mèntoring progr8mme operates across AAiMon Kee$ 8nd Buckinghamshire and is much in demand, wlh long waiting lists to access. crttical suppLwt from our highty trained mentors. Referrals generally come from schools as well 85 from social workers. the poli or families_ Mentoring works to build self-esleem and personal responsibilty but often aL80 addresses practical issues limiting the young person's ability to engage effectively in aspects of their lrfe_ This is an important and highly valued area of our work but often unsung because of its confidential nature. 115 young peopk receNed mentoring support across the year and had a series of weekly sessions for 12-18 weeks. Youth Club5 ACtn4youth continues to be the leading infrastructure support organisation for 45 youth clubs and youth organisations across 8ucknnghamshire and Milton Kees. offering essential support and training. Most training sessions were delivered online rather than in person as in the past and this has been a positive development making delivery more cost effective Whi extending its rea(. Holiday Adventure Clubs We prowde families in Milton Keynes and the surrounding aS wth fijn and affordable school holiday childcare through our holiday Adventure Clubs. Open to those aged 5-15. participants have the opportunitie5 to engage in a range of outdoor adventure 8diMties. rnake new friends and leam new skills. We also partIpate in the Holiday kbwties and FOL {HAF) scheme at the CalderA)tte xperien and at the Junction during the Easter and Summer holida. Ouke of Edinburgh Our work around the Duke of Edinburgh Award continues to grow. We have been delighted to offer more opportunities for young ppIe wth speoal èducational needs and disabilities. induding paddling expeditions espe(ially for those wth limited mobility vtho would not be able to complete a traditional walking expedition. Our team members are highly qualified and acclted by the national body. so this is a safe and convenient option for many schools. DofE has grown svJnificantty over the last year. wth 1,129 partiapants in this financial year {April 2025- March 2026) c4)mpareil lo 782 participants in 2024125. Camp Caldecotte Camp Caldecotte. which can be used to fulfil the DofE residential requirement, offers young people the opportunity to stay on-site in our festivakstOe camping wllage and IdeS a series of acts"vilies lo enhan life skills as well as a range of challenging outdoor adventure activitses. Last year we welme 46 young people to Camp Caldecotte across tsvo waves during Ihe summer. d. Investment poll¢y and perfomiance Investment performance was in line vrith expectati$ given the current polw of placing surplus cash wth banks arKI other Financjal InslitutK)ns wholly covwe(I by the Govemmenfs guarantees. for per&ods of up lo tsvo years. Page 6
Envekjpe ID.. S14AFQBF484-aA3F4357DADF4 ACTION4YOUTH (A Company Limited by Gu•ranteel TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 Financial review a. Going ¢on¢em After making appropriate enquiries. the TTUStees have a reasonable expectation that the Charitsble company has adequate resources to continue in operational esten for Ihe foreseeable future. For this reasoTrn, they continue to adopt the going conrn basis in preparing the financial statements. Further detsils regarding the adoplion of the going concem basis can be found in the accounling policies. b. Reseryes poli¢y The end of the National Citizen Serwce (NCS) Programme as of 31 March 2025, resulted in a reouclion in funding for Action4Youth_ In light of this. we have reduced the level of resources in the wnter months. given the seasonal outdoor nature of the major part of our remaining programmes. This has enabled us to lower our operating costs. As part of (he business planning process, we have reviewed the tsrgel level of our reserves and set Ihis al £235.000. which is the equivalent of months. low season operab.ng cost5. c. Defi¢lt Acli¢)n4Youth operates to 8 controlled plan with the aim of delivering an operab.ng surplus. At times of plann major reorganisats.on process change the operats.on may run at a temporary tjefiot. d. fylaterial investments p?licy The Board is concemed to maximise the level of incorne obtained from its investrnents bul is mindful that its reserves may be required at relatsvely short notice. The 808rd of Trustees has cntInUed wilh the w)licy of placing surplus c8sh th Banks and other Financial Institutions. In line with the atthe the Board regul8dy reme investment rM)licy to ensure it meets the needs of balancing the needs of liquidity and returns. e. Principal riks and un¢ertalntiès Following the end of the NCS contract. Action4Youth's finanaal model is now very different than it has been in recent years. Our h)ng-term sustainability and fvture growth wll depend on m8xirnising existing inwme streams and developing new sources of income. While V a confident in our ability lo exploit new opportunthes. we also acknowledge the challenging econcvnic and polib"¢al environment in %thi¢h we are operating which impacts both (wr costs as well as the purchasing power of our tentIal ojstomews. While fundraising performance in recent years has been strong, we are conscious of the mpetitive environment we are facing as more tharities seek philanthropic support from limited sources. Action4Youth manages its fundraising in-house through a team led by the Chief Executive. In carrwng out these aclivitses, the charity adheres to all recognised standard practices as well as all the latest data. security and people protection requirements of the data IeCtIOn acts. Recruitment and retention of high-quality staff has been, and wll continue lo be. a challenge. In some areas we ompete directly wth both the public and prsvate seGtots wheie rewards ale often mole generous and opportunitie5 for advancement gater. Page 7
Docu$Sgn Envek)pe ID. $14AFQ8wF48MA3F43s4AÉB3n)NjF4 ACTION4YOUTH {A Company Limited by Guanntèè) TRUSTEES, REPORT {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2026 f. Principal funding The prime sourtss of income are: Fees paid to the outdoor educAtM)n centre for delivering to school groups in lerm time. our Holiday Adventure Club5 and HAF in the school holidays. as well as ad hcK payments from voluntary youth groups, dubs and private groups who use the Cent at various points throughout the ye8r. Programme delivery from the Duke of Edinburgh Award. the Breakout Programme. BOOSTI. and the Inspiration Prograrnme. Philanthropic funding from eJ)3ritable trusts. corporate giwng streams and individttal donations. We a grateful to the followiThJ individuals and organisations for their support during 2025126.. Sindal C&] Lld Bucks Loitety Certurn)n k4gt SySts IBreahe HR) C118$ Tntsi Costc Da¥2ThS School-Sarta¥ Fun Run DentL¥ charita TrLL8t gcG Facitilies Sen4ces Edward Carter Funer rrÈctiys EP Traffic SeNces Ltd FaIrhI HneS fflted Fanatics Int£ThlnaI FrJThiS ma15 FJdalJn UK Gra& Sfvkland Heart d Bucks Healhrci CIKnmvnity Trnst Hwnes CMK General Partner Lld. do (¥RE.LID )hn PaAnEf5hip LEAP CIO 8Ltkinghamshire c(11 Masonic Chantabfe FoLThYat¢on ilethods 8usints$ tal L¥nii&J Milton Key City Mitton Keynes thmmunty Ltd Mobbs Mern(wi81 Trttst Ltd NH8C K Roger& knn kOe Twst R(tsty caub d K4kMf of Mikn Key Ser¢0 FOU1 Square Tr Slaryl Thames Valkny PO ThE Adnan SvAre Charilat4B T1 Ansth Ch8ni¥b T1 8art Famity Chftle Trtt Thè Twst Recw FndatIon St(KknEII Chiatl8 TnL8t IWC (>iyJp- 8ies Awsi Willkqm PwrLXt. Kiry K Stru¢tur•, governance and manaymènl a. Constitution The charitable company is registered as a Charitats company limited by guarantee and was sel up by a Memorandum of Assoaation on 1910111994. rewsed on 1010612005. 1811012019 and again on 2710712024. Its registered charity number is 1033626. b. Method5 of appointment OT election of Trusttss The management of the charitable company is the responsibility of the Trustees who are elected and co-opted under the lemis of ihe Articles of Assouation. Vacancies are advertised and an open" recruitfflent process is emp&)yed. Page 8
Do9n Envek)pe10.. 514AFOW4844A3F43WM6B37DADF4 ACTION4YOUTH (A Company Limited by Guarantee) TRUSTEES. REPORT {CONfiNUEDI FOR THE YEAR ENDED 31 MARCH 2026 Structure. governance and management {continued} ¢. Organisational Structu and de¢i$i¢nrymaking poli¢i¢s The Board of Trustees and its committees meet four times a ar. The Board sets the charitYs strategic direction and provides oversight of its operations. which are delegated to Action4Youth's Chief Executive an staff. d. Poliri¢$ adopted for the indudion and training of Twstees The Trustees. training needs are reviewed at board meetings and implemented annually. New Trustees are fvlly inducted and trained according to their needs. e. Pay policy for key management personnel The Board's wlicy Continues to be able to pay salaries which allract 6xcellent staff. whilst remaining wthin the range of salaries paid by comparable organisations in the charity secloT. f. Flnanclal rlsk managèment An ongoing risk assessment proce55 is Trn place. Core to this hs a risk matrix and issues log. These are updated monthly vAth the issues log preSentIng the Ctrent highest risks which are VIeWed at every Finance and Risk Committee meeling and raised quarterfy at Board Meetings as necessary. The Finance and Risk Committee carries out an annual review of the matrix and process and reviews the matrix for changes as a standing item at each quartedy meeting. The Trustees are satisfied th81 the major risks to whrch the org8nisab.on is exposed. especially those related to operations and finance. have systems and pro¢edures in place th an associated ongoing rewew process to ensure effective mitigation. g. Trustee$. indemnities Indemnity IruranCe has been laken oul in respect of the Trustees for the peric*J. Page 9
Decusign Envek)pg ID.. S14AFoBF484-8A3F-&56B37oDF4 ACTION4YOUTH (A Company Limited by Guarantee) TRUSTEES, REPORT {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 Plans for future periods Action4Youth is 8 well-known and hvJhty regarded chartty and in an excellent position to develcy existing aelivilies as well as lo capilalise on fuiure opportunilies. for the benefit of children and young people wlhin Buckinghamshire and across the Southeast gIon. Plans for the upcoming period indude= Ensure maximum usage of our centre. the Caldecotte Xperience. both during the busy summer perlod as well as during the quieter winter months, wlh a focus on quality and impact. Further develop our hdiday Adventure Clubs to become a central income stream for the organisalion. Continue to inuease the nurnber of programrnes delivereLI lo schools to support better oulcomes for children and young people, dosely monitoring impact and outcomes. Work in close collaboration with schools to identify cJJrrenl needs and develop new prLxJrammes wheTe there may be gaps in prowsion. Work in dose partnership wth Ioc81 autthilies to ensure that we maximise the benefit and impact of the opportunities that will arise from the implementation of the Nalional Youlh Strategy wlhin th& regi. Identify and explore new aws of opportunty for A¢bon4Youth. suth as altemative provision. Continue to raise Action4Youth's brand and profile thally and nationally and serve as a trusted leader and expert on all matters lating to children and young people. Continue lo sewve as a voice for young people and to psent their views and interests across all forums. Chairman's statement l am pleased to present Action4Youth's annual accounts. This has been a year of si9nificant change, shaped by the appoinlment of a new Chief Executive and a renewed focus on Ihe chariWs future following Ihe abrupt end of the NCS contract, a major incorne stream thal ended 8t the dose of the previous financAal year. Throughout this period, we have conts.nued to see the resilien¢e, generosity and shared Commitmènt of everyon& who supports our vrsion of improving OppornItIeS and outcomes for yovng people awss our community. At the heart of Action4Youth's mission is the belief that every child and Ung person shoultl have the opportunity to achieve their full potential. whatever their backgrounll or circumstanos. Over the p8St year. our dedicated team has continued to deliver a wde range of programmes that help yDung people bu1 the skills, confidence and resilien they need to sUCe. While we take pride in what has beefb 8¢hieved. we remain acutely aware of the pressures facing youThJ people. Financial hardship, youth unemployment. mental health and wellbeing concems. and w¢der economic and politscal uncertainty all have a profound impact on their lives. We must continue to respond with care. agility and purpose. Our progress this year would rMJt have been FKJS5ible wlhout the dedication of our stsff. volunteers, supporters and trustees. l am deeply graieful to everyDne who has contributed their time. resources and encouragement. Your support drives our wort( and strengthens our resolve to keep momng forward. Looking ahead, we remain hopeful an(J detemiined. Building on this year of transition. we are confident in our ability to expand our impact and continue improving opportunities for yixjng people across the region. Together. we can make a lasting drfference by helping the next generation realise their full potentsal. Page 10
Do59 EDveknpe1Tr. 514AFOW4B4-8A3F-&15MAA6837DADF4 ACTtON4YOUTH {A Company Limitèd by Guarantéè) TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 Statement of Trustees. responsibilities The Trustees (who are also the direclors of the Company for the purposes of company lawl are responsible for preparing the Trustees. Rep)rt and the financial slalements in accoréance wth appli¢able law and United Kingdom Accounting Standards (United lfjngdom Generally Awpted AccDunling PraGti¢el. Company law requires the Trustees to prepare finanaal statements for each financial year. Under company18W, the Trusloor muvt not approvo tho financial èlatemcntr unlcrr they are satisfiad that Ihay give a true and fair view of the state of affairs of the Company and of its incoming resources and application of resources. including its income and expenditure. for thal pertoj. In preparing Ihese finanaal ststements. the Trustees are required lo-. select suitable accounting policies and then apply them CAsistenI1y.' observe the methods and principles of the Charities SORP IFRS 102). make judgments and accountsng estimates that are reasonable and prudent.. stste whether applicable UK Ac£ounting Standards {FRS 1021 have been followed, subject to any material departures disdosed and exFYained in the financial statements.. reydi¥ 11 ie fiiioiiLial stdleirienls 01) ihe yuiiiy uji1rI bdSib uTil¥¥b il is iiiappropriale lo yivsume Ihal Llie Company will u)ntinue in tMJsine&8. The Tru51ees are reSponsie for keeping adequate accounbng records that are SLrfficient to show and explain the Companys transactions and disclose wth reasonable accuracy al any time the financial position of the Company and enable them to ensure that the finanaal statements Comply with the Companies Act 2006. They are also responsible for safeguarding Ihe assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Disclosure of infomiation to auditors Each of the people who are Trustees at the time when this TFustees' Report is approved has nfirMed that.. so far as that Trustee is aware. there 15 no relevant audit infowTnation of whth the charttys auditors are unaware, and that Trustee has taken all the sleps thal ought lo have been tsken as a Trustee in order lo be awa of sll iy relevaril audit inf111<1ill £iiid lu e¥knbli¥h iFiÉiL Llie Llidiill¥ audilors ai¥ dW<are of ts)aL iiilormallon. Auditors The auditors, Hillier Hopkins LLP. have indiGated therr wllingness to wnb.nue in office. The designated Trustees will wopose a motion reappointing the audilors al a meeting of the Tnjslees. Approved by order of tre members of thfr board of TTUSteos and signed on their behalf by. DxuSl•wdty. LL Pth¥s Z5BAFj&FBBll¥.: A Douglas Chair of Trustees N J Peters Trustee Date.. 17-07-2028 Page 11
0¢Ku9n En¥ek)pe ID.. S14AFOBgF484W-8Su6B37OAoF4 ACTION4YOUTH (A Company Limited by Guarantee) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ACTION4YOUTH Op5nlon We have audited the financial statements of Action4Youth (the 'charitable company) for the year ended 31 M¥Jre.h ?n?6 whir.h comprise the. %tatp.rnp.nt of Finanrial Ar.tivitiP8 thp. Ralanrp. Sheet, th. .8tHtp.m.nt nf r,A.%h Flows and the related notes. including a summary of significant accounting policies. The financial reporting frarnework that has been applied in their preparation is applicable law and United Kingclom Accounting Standards. including Finanu81 Reporting Standard 102 Yhe Finanual Repong Standard applicable in the UK and Republic of Ireland, (Uniied Kingdom Generally Aecepted A¢unting practi). In our opinion the financial statements: give a true and fair wew of the state of the charitsble companls affairs as at 31 March 2026 and of its incomino reSoUrS and applicats.on of resources. induding its incLJme and expentlituré for the year then ended.. have been prOrtY prepared in accordan 74thh United Kingdom GerallY Accepted Accounting Pra¢tice.' arKI have been Prepa in accordan the requirements of the Charities Act 2011. Basis for opinion We. cJ)ndiir.tAd nijr aijdit in accordanc£ with Intftmational Slandard8 on Aiiditing {IIK) {I.%As IIJKI) and applirahlp. law. Our responsibilities under those slandards are further described in the Audilorfs responsibilities for the audit of the financial statements section of our report. We are independenl of the charitable company in accordance with the ethical requirements that are relevant to our audil of Ihe finanual stalernents in the United Kingdom, incluéing the Financial Reporting Coun¢il's Ethical Standar¢J. and we have fulfilled our other ethic21 responsibililips in artA)rdance with the.sp re.qiJift%.mpnL% W hliov& that thp. aiidit evide.ncp. wp. have obtainpd is sufficienl and appropriate to prowde a basis for our opinion. Con¢lusions relating to going ¢on¢¢m In auditing the financial slatements. we have conduded that the Trustees. use of the going concern basis of ccounb.ng in the preparation of the financial staternents is appropriate. Based on the work we have perfomied, we have not identified any material uncertainties relating to events or conditions that. indiwdually or collective. may cast significant doubt on the charitable compangs ability to uiIIiiiug db d yvlng con¢eiii Iui ¢1 periud Lil dt leabt I1Ve months from when the financial sialeineiils authorised for issue. OLJr responsibilities and the respongbilitses of the Trustees respect to going eA)ncem are described in the relevant sections of this reporL P8ge 12
Dotyjyn EllvebJpe10.. S14AF(fiF4e4-8A3F43SAA?DADF4 ACTION4YOUTH IA Company Limited by Guarantee) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ACTION4YOUTH {CONTINUEOI Other infMatiOn The other informati¢)n comprises the infomatTron inchjded in the Annual Rep other than the financial statements and our Auditorfs Report thereon. The Trustees are responsible for the other infomiation contained within Ihe Annual Report. Our opinion on the financial statements does not cover the other inforrnalion and, except to the extenl olherwise expliatly stated in wr report. do not express any form of assurance conclusion thereon. Our responsibiltty is to read the other infomiation and, in doing so. consider whether the other information is materially inconsistent with the finanual statemenls OT our knowedge obtsined in the wurse of the audit, or otherwise appears to be materially misstated. If we identify suGh materi81 inconsistencies or apparent material misstatements. we are requId to detemine ther this gives rise to a material misststement in the financial statements thèmselves. If. based on the work we have performed. we conclude that there is a material misstatement of this oth8r infomiation. we are required to report that facl. We have thing to report in this regard. Matters on which we are required to report by exception We have nothing lo report in respecl of the followng matters where the Charities (Accounts and Reports) Regulations 2008 qUIS us to report to you if. in our opinion.. the information given in the Tnjstees. Report is inconsistent in any material respect wth the financial stslemenls. or sufficient a¢¢ounting records have not been kept,. or the ffin8nual statements are not in agreement wth the accounting records and retums: or we have not received all the inf0rrnatl and explanations we require for our audit. Responsibilitiès ol trustees As explained more fully in Ihe Trustees, Responsiknlities Statement. the Trustees (who a also the directors of the charitable company for the purwses of company lawl are responsib for Ihe preparation of the financial ststements and for being s¥b"sfied that they give a true and fair Mew, and for such intemal control as the Trustees detemiine is neGessary to enable the preparation of ffinancial ststements that are free from material misstatement, whether due lo fraud or error. In preparing the finanaal ststements, the Trustees. are responsible assessing the charitable companys ability lo ¢onlinue a5 8 going ¢on¢em, ¢Jisclosins, as appli¢able. matters lated to going ¢oncem and using the going concem basis ol accAxJnting unless the Trustees either intend to liquidate the charitable company or to cease operations. or have no realistic ahemalive tAJI to do so. Page 13
DO0n Envek)pe ID.. 5l4AF9.F1B4A3F-83555u6637DAoF4 ACTION4YOUTH IA Company Llmited by Guarantee) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ACTION4YOUTH ICONTINUEDI Audltor's responslbllities for the audit of the finan¢6al statements We have been appcinted as auditor under section 144 of the Charities Act 2011 and report in accdance wrlh the Act and Televant regulations made or having effecl thereunder. Our objectives are to obtsin reasonable assurance about whether Ihe finan(ial statements as a vthole are free from material misstatement. whether due to frau¢J or error. and to issue an Auditor's Report that indudes our opinion. Reasonable assurance is a high level of assurance. but is not a guarantee thal an audit conducted in accordance with ISAS IUKI will detect a material mi&8talement when it exists. Misstatements can arise Irom fraud or error and are considered material if. indiwdually or in the aggregate. they could reasonably be expected lo influence the economic decisions of users taken on the basis of these financi81 $18lemènts. Irregularities, Induding fraud. are instsnces of non<ompliance with laws and regulations. We design procedures in line wth our responsibilities. outlined above. to detect material misstatements in respect of irregularities. including fraud. The extent to vthich our procedures are capable of detecting irregularities, including fraud is detailed below= we consider the nalure of the industry and sector, control enwronment and business performance including the remuneration in"Ve$ antl pressures of key management", the primary responsiknlity for Ihe prevenbon and detection of fraud rests with both those charged with govemance of the entty and management. We consider the sUlts of our enquiries of management about their own identification and assessment of the risks of iegularitIeS.. any matters we identtfied hawng obtsineil and reviewed the Charitable Companls documentation of their policies and proCedUS relating to-. idenlifw"ng, evalijating and complying wth laws and regulations and whether they were aware of any instances of non<ompliance.' (5etecting and responding to the risks of fraud and whether they havo knowledge of any actual. suspected or alleged fraud: the inlemal controls estsblished to mitigate risks of fraud ¢y non-Mpli3nce with laws and regulations.. the matters discussed among the audit engagement team regarding fv)w and where fraud might occur in the financial Stsiements and any potential indicator5 of fraud. As a result of these procedures. we considered the optK)rtunities and incentives that may exist wthin the organisation for fraud an(J iijenlified the greatesl potential for fraud. In common with 811 audits under ISAS IUKI. we are also required to perform specific prdureS to respond to the risk of management override, induding testing ioumals and evaluating whether there was eviden of bkas by the directors that represented a risk of matertal misstatement due to fraud. We also obtained an understanding of the legal and regulatory frameworks that Ihe Charitsble Company operates in. locu&ng on provssions of those laws and gUlationS that had a direct effecl on Ihe determin8tion of material amounis and disclosures in the finanoal statements. We focused on LS and regulations ihal could give rise to a material misstatement in the financial statements. including. but not limited to, the Companies Act 2006. Charities Act 2011 and relevant tax Éegislat¢on. Page 14
0gry En¥ekn ID.. 514AFOB9.F4B4-WF-835AA6B37OAoF4 ACTION4YOUTH IA Company Limited by Guarantee) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ACTION4YOUTH {CONTINUEDI Because of the inherent limitations of an audit. the is a risk that we will not detect all irregularities, including those leading to a material misslatement in the fjnanual statements or non•compliance with regulation. This risk inGrease5 the more that Complian wth a law or regulation is rernoved from the events and transactions reflected in the financial stslements. as we wll be less Itkely to become aware of instances of non-compliance. The risk is also greater regarding irregularities cKcurring due to fraud rather than error, as fraud involves intentional Conalment. forgery, collusion. omission or mIsPresentation. A further description of our responsibilties for Ihe audit of the finanaal statements is located on the Finan¢ial Reporting Counul's website at.. Www.frC. .ukJ3uditorsres nsibilities. This tyescription fomis part of our Avdiloes Report. U$0 of our report This reporl is made solely to the charrtable companls trustees. as a body. in a¢¢ordance wilh Part 4 of the Charities (Accounts and Reports) ReguL4tions 2(KJ8. Our audit work has been undertaken so that we might state to the charitable companvs trnstees those matters we are reqUId to slate to them in an Auditorfs Report and for no other purpose. To the fullest extent pemiitted by law. we do not accepl or assurne responsibility to anyone other than the charitable company and its Members. as a body. for our audit work. for this report, or for the opinions we have formed. Sdtr. 670MI&W824JO. Hillier Hopkins LLP Chartered Accountanls ststutory Auditor 249 Silbury Boulevard Mithn Keynes 8uckinghamshire MK9 1NA Date.. 20-07-2026 Hillier Hopkins LLP 8re eli9ible to ad as auditors in terms of section 1212 of the Companies Acl 2006. Page 15
Docwgn Ènvèkjp 10.. 514AFOB9F4B44A3F41S&7OAoF4 ACTION4YOUTH {A Company Limited by Guarantee) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2026 Unrestricted funds 2026 Restricted funds 2026 Total funds 2026 Total funds 2025 Note Income from: Donations and legaues Ch8ritsble 8cliwti8s Investments Other income 209.980 1.188.376 6,273 18.666 209.980 1.262.878 6.273 18.666 1,03T.927 2.421.235 76,422 74.502 Total income 1.423,295 74,502 1.497.797 3.475,584 Expenditure on.. Charitable a¢tivities 1.632,722 84.168 1.716.890 2.445,863 Total expenditure 1.632.722 84,168 1,716.890 2,445,863 Net lexpenditureifincome before net losses on investments Net kjsses on inv8Stments 1209.4271 {9.6661 1219,0931 1,029, 721 (3.682) Net lexpenditureifincome Transfers belween funds 1209,427) 17.844) {9.6661 1219.0931 1,026,039 18 Net movem¢nt in funds bOr8 other re¢¢gnis¢d galnslllosse$) {217.271) {1.8221 1219.0931 1.026,039 Other recognised gainsl{Iossesl- Other gainslllossesl (4.288) Net movement in funds (217.269) (1,822) {219.091) 1.021, 757 Reconclllatlon of funds: Total funds brought forward Net movement in funds 991,953 1217.269) 1,181.896 11.822) 2,173.849 {219.091) 1. 152,098 1,021. 751 Total funds ¢arried for*ard 774,684 1,180.074 1,954.758 2. 173,849 The Statement of Finanal Acliwtie5 includes all gains and losses recognised in the year. In¢hJded within the Reslricled funds total atN)ve is £Nil of restricted income from our capit818ppeal to help fund the refurbishment of our C8ldecotte site. which was completed in April 2026. 85 well as the balance of the transfer of the propety. Current year donations are £nil12025 - £830.240) & cumultats.ve it is £1.020.730. As such it cannot be used for any other purpose. The notes on pages 20 to 41 fomi part of these financial statemenls. Page 16
D9 EnveWe10.. 5l4AFOB94844AIF43Sm8B37DAoF4 ACTION4YOUTH IA Company Limited by Guarantee) REGISTEREO NUMBER: 2888960 BALANCE SHEET AS AT 31 MARCH 2026 2026 2025 Note Fixed asut$ Intangible assets Tangible assets Inveslrnents 12 14.702 2.018.290 20,883 2.067,588 147.519 13 14 2,032.992 2.235.990 Current assets Debtors 15 135.801 311.707 207,957 653,587 Cash at bank and in hand 447.508 861,544 Current liabilities Creditors". amounts falling due wilhin one year 16 (505.840) (887.887) Nèt current liabilitie$ 158.332) (26.337) Total assets le$s current liabilitie$ 1.974.660 2,209.653 Creditors.- amounts falling due after mre than one yea 17 (16.971) (31,505) Net assets èxcluding pensi¢n liability Defined benefit pension stheme liatAlity 1.957,689 2, 178. 148 24 12,9311 (4.299) Total net assets 1.954,758 2, 173,849 Charity funds Reslricled funds Unreslri¢ted funds 18 18 1,180,074 774.684 1.187.896 997,953 Total funds 1.954,758 2,173,849 The entity was entitled to exemption from audit under secth)n 477 of the Companies Act 20L)6. The members have not required the entty to obtain an audtt for the year in question in accordancE with section 476 of Ihe Companies Act 2006. However, an audit is required in aCC*Jr(J8n with section 144 of the CharFbes Act 2011. Page 17
. Do(AJsign EnvÉk)pe ID.. 514AFOW48UA3F•3WAAfA37DADF4 ACTION4YOUTH {A Company Limited by Guarantee) REGISTERED NUMBER: 2888960 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2026 The Trustees acknowledge their responsibilities for complw.ng with the requirements of the Act with ffjspe¢t to accounting records and pfeparation of finanual statements. The finanaal ststements have been prepared in a)rdance vthh the provisions apFlicable to entitses subj'ect lo the small companies regime. The financial ststements were approved a1 authorised for issue by the Trusiees and signed on Iheir b8half by. M(L PdL BAF3ÉthFEO113. A Douglas Chair of Trustees N J P•ters Trustee Dale.. 17-07-2026 The notes on pages 20 to 41 form part of these financial statements. Pagè 18
Oocusign Envew ID.. 514AFoB4B4-wF-83SSAA7DADF4 ACTION4YOUTH (A Company Llmited by Guarantèal STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2026 2026 2025 Cash flows from operating activilies Net oqsh used in operating activrties {448.062) 1,027,552 Cash flows from invèsting activities Proceeds from the sale of tangible fixed assets Purchase of intangible assets Purchase of tangible fixed assets PrOedS from sale of investments 17.250 14.019 (1,596) 158.587} (1,204,246) 147.519 Net cash provided byl{used in) investing activities 106.182 {1.191.8231 Cash flows from finan¢ing a¢tivltl¢s t Cash pmvided by financing activities Change in cash and cash equivalents in the year Cash and cash equivalents at the beginning of ihe year 1341,8801 653,587 {164.2711 817,858 Cash and cash ¢guival¢nts at the end of the year 311,707 653.587 The notes on pages 20 to 41 form part t)f th financi81 statements Page 19
D(Kv5vJn Envel(ye 10.. 514AFOBgF484-8A3F-&I&V5AA6837DADF4 ACTION4YOUTH {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 General inforniation Action4Y(MJth is 8 company incorpordted and registered in England and Wales and limited by guarantee. The registered address is The Cal¢Jecotte Xperience. 366 Simps(M) Road, Milton Keynes, Buckinghamshire, MK6 3AG. The members of the cotnpany are the Tnjstees named on page 1. In the event of the company being wcxjnd up. the liability in respect of Ihe guarantee is limited to £1 per member of the company. Accounting policies 2.1 Basis of pr•parali¢)n of financial sLthments The financial statements have been prepared in accordance wilh the ChaTitbes SORP {FRS 102) - Accounting and Reporting by Charibe5_' Statement of RecL)mmended Pra¢li¢e applicable to charities preparing Iheir accounls in 8ccordan¢e wth the Financjal Reporttng Standard applicable in the UK and Republrc of Iland IFRS 1021 (effective 1 January 20191, the Finanaal Reporting Stsndard applicable in the UK and Repu1¢ of Ireland {FRS 1021 and the Companies Act 2006. Action4Youth meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at hislorical c%)sl or transaction value unless otherwise Staled in the relevant accountr.ng policy. 2.2 In¢om• l income is CogniSed once the Ci>mpany has entidement to the income, it is pyobable that the income will be received and the 8mwnt of income recéivable ¢an be mèasured reliably. The recgnItiOn of income from legaoes 15 dependent on eslablishing entitlement. the probability of receipt and the ability to estimate SLrfftcienl accuracy the amount re1Vable. Eviden of entitlement lo a legacy exisls when the Company has SUffient evidence Ihat a gift has been left to them (through knOedge of the existen of a valid wll and the dealh of the benefactor) and the executor is salisfied that the property in question will not be required lo satisfy claims in the eslale. Receipt of a legacy musl be recognised when it is probable that it wll be received and the fair value of the amount receivable, which will 9enerdlly be the expected cash amoijnt to be distributed lo the Company, can be liablY measured. Grants are induded in Ihe Statement of Financaal Aclivibes on a receivable basis. The balance of income reiVed for speafic purposes but not expended during the period is shown in the relevant ftjnds on the Balance Sheet. Where incom8 is rec8Ned in advance of entillemenl of receipt, its reCognitn is deferred and induded in credf(ors as deferred income. Where enlilkment oc(yJrs before incorne is received. the ineome is accrued. Gifts in kind donated for distributs.on are induded at valuation and recognised as income when they are distritMJted lo the prqects. Gffts donated for Sale are induded as income when they are sold. Where the donated good is a fixèd asset. rt is meaSUd at farr value. unless it is impractical to measure this reliably. in whid) case the cost of the item to the donor stK)uld be used. The gain is rec(MJnised as income from donations and a ci)rre5ponding amount is included in the appropriate fixed asset class and desxe¢iale(l over the useful economic life in accordance wilh the Compan¥s accounting policies. Page 20
Docu$ign EnvÈk>pe10.. 514AFo8&F4B44A3F-8wB37DAOF4 ACTION4YOUTH {A Company Llmited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 Ae¢ountlng polleles {contlnuedl 2.2 Income (continued) On receipt, donaled professional servw fa(ilities are rwnised on the basis of the value of the gift to the Company is the amount rt would have been wlling to pay to obiain seNices or faGilÉties of equivalenl ettjnomic benefrt the open market- a corresponding amount is then recognised in expenditure in the peri(KJ of recapt. Income tax recoverable in lation to donations reiVed under Gift Aid OT deeds of oJvenant is recognised at the time of the donation. Income tax recoverable in relation to investment income is re¢>)gnised al the time the investment incomè is ceiVable_ 2.3 Expenditure Expenditure 15 recognised once there is a legal or (x)nstructive obligation lo transfer economic benefit to a third p8ty, il Is Probable that 8 transfer of economi¢ benefits wll be required in settlement and the amount of Ihe obligats.on be measured reliably. Expenditure is classified by activity. The cosls of each a¢tivity are made up of the totsl ol direct costs and shared costs. induding suppM)rt costs involved in undertaking each aclivity. Direcl costs attributable to a single activity are allLKated directty to Ihat activity. Shared Costs which contriiKJte to more than one activity and sUPPOrt cosis whieh are not attn"bLrtable to a single activity are apportioned between those activities on a basis consistent wth the use of resources. Central stsff costs are allocated on the basis of lime Sp1. and depr8ryati(m charges alkncated on the tknlion of the asset's use. Expenditure on charitable activities is inCued on diredly undertaking the acb"vilies which further the Companls objectives, 8$ well as any associated support costs. Charitable activities and GovemancE costs are Costs incurred ty) the companls operations, including support costs and costs lating lo the govemanc£ of the company apportioned to charitable actiwties. l expenditure is indUVe of irrecoverabje VAT. 2.4 Gov•rnment grants Govemment grants relating to tangible fixed assets are tated as deferred income and released to the Ststement of Finanoal Activib"es upon the compleb.on of the levant performance-related conditions. Other grants th* are not subject to perfOm)anCe-Iated condits'ons are credited to the Slatemenl of Finanaal ACtItieS as the grant proceeds are Ceived. Grants received prior to the revenue recognition criteria beiThJ satisfied are recognised as a liability. Page 21
DrKusign Envehpe ID.. 514AF08W4B44A3F435MAA6B370ADF4 ACTION4YOUTH {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 A¢counting policies {¢ontlnu•dl 2.5 Re5eareh and development Development Costs are Capilalised within intangible assets where they ean be identsfied with a spe¢ifie prryjuct or project anticipated to prcKJuce fvture benefits. and are amortised on the straight line basis over the anpated life of the benefits arising from the completed prcmluct or project. Deferred $earth and development costs are remewed annually. and where future benefits are deemed to have ceased or to be in doubt. Ihe balan of any related search and development is written off to Ihe Statement of Financjal Aciivities. 2.6 Interest receivable Interesl orh fun(Is hel¢J on deposit 15 included when re¢ewabl& and the amount Can be measured reliably by the Company. this is nomalty uwn notffication of the interest paid or payable by the instibjlion wth whom the funds are deposiled. 2.7 Intangible assets and amortisation Intangible assets costing £1.000 or more are capitslised aThJ recognised when future economi¢ benefits pre probae. and the ajsl CK value of the asset can be Measu reliably. Intangible assets are inthalty recognised al cost. After recognition. under the cost mod81, intangible assets are measured at cost less any accumulated 8morb"sation and any a¢cumulat8d impaimienl losses. Amortisation is provided on intangible assets at rates calcuk4ted to write off the cost of each asset o a str8ight-h.ne basis over rts expected useful lrfe. AmortiS81ion is provided on the following basis: Development expenditure 20 % straight line 2.8 Tangible fixed assets and depreciation Tangible fixed assels costing £1,000 or more a Ggpitalised and recognised when future economic benefits are probable and the Cost or value of the asset Can be measured reliably. Tangible ffixed assets are inilialty reccgnised at cosl. After recrynttion. under the cost model, tangible fixed assets are measured at cost less accumulaled depreciation and any accumulated impairment kjsses. Ml costs incurred to bring a tangible fixed asset into its intended working conditson should be included in the measurement of cost. Assets in the cL)urse of conslrucbon are induded at costs incurred to date. Deweciatson on these assets is not charged until they are brtxjghl into use. At each rek)Orting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is deterniined to be the hTrgher of its fair value less costs lo sell and its value in use. An impaimient loss is recogntsed %there the carrying amount exceeds the recoverable amount. Page 22
Dottjsn Envelcpelo. 51¥Fo8F46d-B3F4XsAA6B37DADF4 ACTION4YOUTH (A Company Limited by Guarantee) NOTES TO THE FINAMCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 Accounting polici¢$ (¢ontinuedl 2.8 Tangible fixed assets and depTe¢iation (continued) DepciatIOn is charged so as to allocate the cost of tsngible fixed assets less their res*Jual value over their estimated useful lives. using the straight4ine method. Depreciation is provided on the followng bases.. Fhold propety Assets under nStrU(on Plant and machinery Motor vehides Office equipment Yurt Village 2% strdight line (on cost of buildings) Not depreciated until in use 10 _ 330A straight line 25% straight line 33% straight line 10% straight line Gains and losses on disposals a determined by comparing the pro¢eed$ 7Mth the carrwng amount and are recognised in the Statement of Finanoal Acliwties. During the year ended 31 March 2013. the company entered into agreements wttb Milton Keynes Counul lo take over the running of outside educ8b.on CentS, The Caldecotte Xperience and Longrigg Residential Centre. Un¢Jer this agreement the ¢harttable company became lully responsible for ihe operational management and financial perfomance of both centres. The freehold of both premises was transferred to the charitable company as part of the deal. However, 8 daw back arrangement ts induded in each de81 which applies for a period of 50 years from the date of transfèr. This arrangement Is nulltfied in the event of a sale. It is triggered by any change of use of the property lor any partl fTom ils existing use. Ck4w back is calculated at 100.kn less 2% for each year passin9 from the éate of the Transfer of Ihe open market value of the property. In addition, Ihe agreement in spect of The Caldecotte xperien ring fences the 20% holding which the ¢cMnpany had of the freehold under earfier arrangements. The Longrigg freehold wa5 sold during 2020. During the prior year the d)aritable company negoiated with Milion Keynes Council to acquire the remaining 56% of ownership of the propety, $0 that before the building works commenced they had complete ownership. 2.9 Investments Fixed asset investments are a fomi of finanoal instrument and a initially recognised at their transaction cost and subsequenvy measured at fair value at the Balance Sheet date. unless the value cannot be measured reliably in which rase it is measured at cost less impairment. Investment gains and bsses. whether realised or UnalISed. are combined and psented as 'GainsllLossesl on investments. in the Statement of Financial Actiwties. 2.10 Debtors Trade and other debtors are reco9nised at the settlemenl amount after any trade discount offered. Prepayments a valued at the amount prepaid net of any trade discounts due. 2.11 Cash al bank and In hand Cash at bank and in hand includes cash and short-lerm highly liquid investments a short maturity of three months or less from the date of acquisitson or opening of the deposit or similar account. Page 23
D9n Enk>pe ID". 514AFC69-F484443F-835&5AA6B370ADF4 ACTION4YOUTH IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 Accounting policies {continuedl 2.12 Liabilities Liabililies and prowsions are recognised when there is an Obl3a110n at the Balance Sheet dale as a resutt of a past event. it is probable that a transfer of economic benefit wll be required in setuement, and the amount of the settlement can be estimaled liatY. Liabililies are recognised at the amcwnt that the Company antiupales it will pay to settle the debt or the amount it has received 8$ advanced pawnènts for the goods or seryices it must promde. PrnviOns are measurèd at thè best estsmate of the amounts required lo settle the obligation. Where the effect of the time value of money is material. the prowsion is based the present value of those amounts. discounted at the pre-tax discount Tate that reflects the risks specific lo the liability. The unwinding of the discounl is recognised in the Statement of Financial Aclivilies as a finance cost. 2.13 Financial instruments The Company only has finanaal assets and finanaal liabilities of a kind that qualify as basic financial instruments_ Basic finanaal instruments are initially rec3)gnised al transaction value and subsequently measured at their setdement value th Ihe exception of bank loans which are subsequently measured al amortised cost usiry the effecb.ve interest rneth¢)d. 2.14 Operating leases Rentals pai(1 under operats.ng leases a tharged to the Ststement of Financial Activities on a straight-line basis over th8 kase lerm. Benefft5 ceiVed and receivab as an inntIve to sign an operating lease are recognised on a slraight-line basis over the ase lerm. unless another syslematic basis is representative of the lime pattem of the lessee's benefii from the use of the leased asset. 2.15 Pensions The Company operates a defined tn"bU110n pension scheme and the pens?on Charge represents the arnounls payable by the Company to the fund in respect of the year. The Company operates a defined beneffts pension scheme and the pen*on charge is based on 8 full actuarial valualion dated 30th September 2023. Page 24
Qk)rwggn Envebpe ID.. S14AF*4B4-8A3F-835AA6B37DAoF4 ACTION4YOUTH (A Company Limrted by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 A¢counting policiès {continuèdl 2.16 Fund accounting General funds are unrestrTrcted fund5 which are available for use al the dis(relion of the Tnjstees in furtherance of the general obje¢tives of the Company and which have not been designated for other purposes. Designated fLrnds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fijnd is set out in the notes to the financjal ststemenls. Restricted fvnds are funds vthich are to be used in accordance wih skw.fic restridions imposed by donors or which have been raised by the Company for particular purposes. The costs of raising and administering such funds are charyed against the speufic fund. The aim and use of each restn.cted fund is set out in the notes to Ihe financial statements. In¢ome from donations •nd legacies Unrestricted funds 2026 Restricted funds 2026 Total funds 2026 Donations Capitsl appeal C8ldecotte Donated asset- balance for Cakjecotte Geneial donations 209.980 209.980 Total 2026 209,980 209,980 Unresfricted funds 2025 Reslricted funds 2025 Total fvnds 2025 Donations Capital appeal Caléec4)tte Donated asset- 2Yo at Caklecotte General donations 550,240 280,000 550.240 280.000 207,687 207.687 Tofal 2025 207.687 830.240 1.037,927 Page 25
DocuswJn Envekjpe ID." 514AFOW4B4-8A3F435WA6B37DAOF4 ACTION4YOUTH IA Company Limited by Guarnnteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 Income from charitable activities Unrestricted funds 2026 Restricted funds 2026 Total funds 2026 Training Outdoor eduration Membership Olher Grants Contract income Duke of Edinburgh 992 992 607,173 4,272 18.099 298.076 195,446 138.820 607.173 4.272 18.099 223.574 195.446 138.820 74,502 1.188.376 74.502 1,262,878 un$t¢ted fvnds 2025 Total funds 2025 Training outdo education Membership Olher Grants 2.464 608, 188 5,113 3. 719 329,639 1.388,388 83.724 2,464 606, 188 5,113 3.719 329.639 1.388.388 83. 724 Contract income Duke of Edinburgh 2,421.235 2,421.235 Page 26
DC1 En¥ekn ID.. 514AFC89*4B44A3F43AAfftl7DADF4 ACTION4YOUTH IA Company Limited by Guarantsel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 In¥e$tment income Unrestricted funds 2026 Total funds 2026 Total funds 2025 Income from lisle¢J investrnents Bank interest received 7.119 9.303 6.273 6.273 6.273 6,273 16,422 To1812025 16.422 16.422 Other incoming resources Unrestricted funds 2026 Total fvnd$ 2026 Total runds 2025 Insurance claims Profit on disposal of assets 616 18.050 616 18.050 78.666 18,666 Analysis of expenditur• on charitable activities Summary by fund type Unr•stricted furKIs 2026 R¢$tricted funds 2026 Total 2026 Youth activities 1.632.722 84,168 1,716.890 Page 27
Ottusign Enveknpe ID. 514AFOBg.F484-8A3F435&5M6B370ADF4 ACTION4YOUTH IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEP•lENTS FOR THE YEAR ENDEO 31 MARCH 2026 Analysls of exp•ndlture on charilable adlvltles {¢ontlnu•d) Summary by fund type (continued) Unreslricled funds 2025 ReslriGted funds 2025 Tolal 2025 Youth a1tieS 2,433.946 11.917 2.445.863 Summary by èxpendlture type Staff costs Depreciation Othèr costs 2026 2026 2026 Totsl 2026 Ywth activities 901.402 102.715 712,773 1,716,890 Staff costs Deprp¢iai?on ofher costs 2025 2025 2025 Total 2025 Youth activitie5 1,378.702 122, 139 945,022 2,445,864 Analys15 of expenditur¢ by activities Activities undertaken directly 2026 Support costs . 2026 Total fund$ 2026 Youth at*vities 1,659.258 57.632 1.716.890 Page 28
DO9n Envebpelo.. 514hF0Bg-F4B4-8A3F-&35WA7DAoF4 ACTION4YOUTH (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 Analysls of expenditure by a¢tivities Icontlnued) Activities undertaken directly 2025 Support cosfs 2025 Total fvnds 2025 Youth activities 2,385, 178 60,685 2.445,863 Analysis of dir8Ct costs Total funds 2026 Tofal fvnds 2025 A¢tivities 2026 Pension finance costs Staff costs 168 872.854 89,057 185.292 43 1.347,960 107.576 166,202 872.854 89,057 185.292 Depreciation Direct activity costs E ill Premises costs Staff and office expenses Motor expenses Delivery Costs General expenses Legal and professional Insurances Equipment pur¢hases 138.414 125.010 52.344 113.706 24.362 138.414 125,010 52.344 113.706 24.362 3,084 41,361 13,606 222.299 212.891 56.726 151.718 45.324 29,421 34.063 10.955 41.361 13.606 1.659.258 1,659.258 2,385, f78 Analysis of support ¢o$ts Total funds 2026 Tolal funds 2025 AetivitlÈs 2026 Govemance costs 57.632 57.632 60,685 Page 29
DOcusn Envek¥)e ID.. 514AFCe94B44A3F-835&5AA6B37DAOF4 AcnoN4YOUTH {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 Audltovs rgmunération 2026 2025 Fees payable lo the CoMpanS au¢Jitor for the audit of the Compan¥s annual accounts 12,456 10,250 Fees payable to the Compan¥s auditrK in respect ofr All non-audit services not induded above 2,880 2,880 10. Staff costs 2026 2025 Wages and salaries Social security o)sts Contribution to defined ¢ttJ¢In pension schemes 787.246 82.082 32.074 1,242,838 87,145 48. 719 901.402 1.378, 702 The average nufflber of persons empl by the Company during the year was as fdlows.. 2026 No. 2025 No. Management and admin Youth work Outdoor educat 14 42 13 32 62 The number of emplws whose eMo&e tnefits {exduding employer pension Costs) exi*eded £60.OCX) was.. 2026 No. 2025 No. In the band £60.CK)1- £70.000 In the band £70.c)1- £80,000 In the band £80.(K)1- £90.OCKI All Trusteesldirectors and certain senior empyeeS who have authority and s))nSibl11ty for planning. directing and controlling the 8ctivilies of the company are considered to be key management personnel. Total remuneration of these individuals is £180.867 {2025 - £279.208I- Thts represents the three {2025 - three) members of the senior rnanagemenl team. Page 30
DwJsigTr Env8lope10.. 514AFOW4844A3F-83AAÉB37DAoF4 ACTION4YOUTH {A Company Limited by Guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 11. Tru$t¢•$' remuneration and expenses During the year. no Twstees receive¢J any mneratIOn or other benefits (2025- £NILJ. During the year ended 31 March 2026. expenses totaHiTrJ £NIL Yre reimbursed or paid direclly to Trustees (2025- £NIL to Trusteej. These expenses relaled lo travel and sub5151ence. 12. Intangible assets Development Co$t At 1 April 2025 30.906 Al 31 March 2026 30.906 Amortisation At 1 April 2025 Charge for the year 10.023 6.181 At 31 Marth 2026 16.204 Net book value At 31 March 2026 14,702 At 31 March 2025 20,883 Page 31
Docu Envehy10.. 5I4AF089F4B44A3F-835*16B37OADF4 ACTION4YOUTH (A Cornpany Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 13. Tangible ftxed a$sots Freehold Plant and property machinery Motor Office vehicles equipment Yurt village Total Cost or valuatlon At 1 April 2025 Additions 1.835.191 25.948 461.633 57.624 15.389 5,800 145.657) {4S,0241 46.836 353.684 2.754,968 47,137 {90.6811 Disposals At 31 March 2026 1.861,139 431.365 18,400 46,836 .353.684 2.711,424 Depreciatlon At 1 April 2025 Charge for the year On dispos81s 50.516 24,815 265.819 55,104 36,588 1,364 {41.526) {45,0241 36.791 279.150 6.536 23.001 687.380 92,304 {86,5501 Al 31 March 2026 75,331 260.881 11.444 43.327 302,151 693,134 Net book value At 31 March 2026 1.785.808 170,484 6,956 51.533 2,018,290 At 31 March 2025 7.784.675 195.814 2.520 10,045 74.534 2.067.588 During 2024 it came to the ¢haritys attention that there is a property thal is legally owned by the charity in Clyaffoni st Giles but is not included in the fixed assets above as il has Ihe tille but no beneficial Interest. Pag8 32
Docusign Envew ID.. 514AF089-F4B44A3F-835&S4A6B37DADF4 ACTION4YOUTH (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 MARCH 2026 14. Fixed asset investments Listed investments At 1 April 2025 Disposals 147,519 (147.5191 At 31 March 2026 Net bo¢k value At 31 March 2025 147,519 I the fixed 8ssel investments were held al market value an¢J in Ihe UK. 15. DebtOTS 2026 2025 DUÈ withln one year Trade debtOTS Olher debtrKs 100.747 18.015 17.039 149.035 1.374 57,548 Prepayments and accrued income 135,801 207.957 Page 33
Di)ws1 Env8lJpe10.. 514AFo8F48-8AjF-88sS6937oAoF4 ACTION4YOUTH IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 16. Creditors- Amounts falling due within one year 2026 2025 Trade Creditors Other laxation social security Other creditors Accruals and deferred income Governrnenl grants received 47,950 42,214 9,499 391,659 14.518 352,367 22.349 19.850 478.797 14.518 505.840 887.881 2026 2025 Deferred Income at 1 April 2025 Resources deferred during the year Amounts released from previous peric*Js 425.926 357.140 {419.285 519.385 425.926 (519.386) 363.781 425.926 The deferred income relates to events and hires that have not yet taken place. 17. Creditors: Amounts falling due after more than one year 2026 2025 Government grants received 16,971 31,505 Page 34
DooJs¥Jn envebFe 10.. S14AFOB4B4a3F43S%Sm70ADF4 ACTION4YOUTH (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 18. Statement of funds Statement of funds - current year 8alan¢e at 1 April 2025 Transfers Gainsl Balance at 31 inlout {Lossesl March 2026 Intomt Expenifiture Unrestricted funds General Funds- au funds Caldecotte Xperience 340.S70 651.383 722.741 700.554 (786.671) (7,8441 (846.051) 268,798 505,886 991.953 1.423.295 11.632,7221 17.844) 774.684 Restrfcted funds Caldecotte Property Fund caldette capitsl appeal The National Lottery Communty Fund Masonic Charitable Foundation Heathrow Community Trust 441.166 (23,000) 740,730 1.158,896 740.730 {740.730) 42.355 {28.132) 6.955 21.178 19.997 {20.090) 93 12.150 {12.946) 796 1.181,896 74,502 (84.168 1.180.074 Total of ndS 2.173,849 1.497.797 {1.716.8901 1.954,758 Page 35
Docwgn Envek)t ID.. s14AFOBF4B8A3FI5A68370ADF4 ACTION4YOUTH (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 18. Ststement of funds {continuedl The de&gnated fvn¢Js are as follovts: Caldecotte capital appeal is the amount the trustees had agree(J to contribut8 to the refurbishment program from general funds. This has now been transferred back into general funds last year now that the project is complete. All restricted funds have arisen from grants. donations or contract income being received for specific purposes. Sufficient resources are held in an appropriate fomi to enable each fund to be applied in accordance with any restrictions imposed.. The Caldec£Jtte Propety Fund relates to fvnds invested in Ihe freehohd property in whith during the prior year they took full ownership from Mitton KeTreS Council. The company did have 8 44% interest. including the George Am&y Centre, rhow fully owned and refurbished. The Caldecotte capital appeal funds which have been raised for the refurbishment project of the Caldecotte sile during the prior year and have been transferred into the Propery Fund now it ts completed. The Nalron81 Lottery Community Fuftd lateS lo fvnds received for our Reaching CommunilieslPartnerships programme at The Junction. The Masonic Charilable Foundation lateS lo funds received for the Boost! Programme. The Heathrow Community Trust relates lo fvnds received for our Breakout prcoramme. Page 36
O(KusvJn Ere10.. 514AFo89.F484-8A3F4356B37DADF ACTION4YOUTH {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 18. Statement of funds {continuedl Statement of funds - prior y¢ar Balan a¢ 31 March 2025 Balance at l Apnl 2024 Transfers Gairj iOut (Losses) Income Expenditure Unrestricted fvnds Designal•d funds Caldecotte captsi appeal 115,575 (115,575) General funds General Funds- all funds 163.449 509.501 1.556. 124 7.089.220 (1,486.608) 715.575 (947,338) (7,970) 340.570 657.383 Caldecotte Xperien 672.9 2.645.344 (2.433.946) 115.575 (7.970) 991.953 Total Unrestricted fvnds 788,525 2.645.344 (2,433.946) (7.970) 991.953 Restricted funds C8ldecotte Property Fund Caldecotte CAtal appeal 173.083 280.(kX) (11.917) 441. 166 790.490 550.240 740.730 363.573 830.240 (11,917) 1. 181,896 Total of fund$ 1. 152.098 3.475.584 (2.445,863) (7.970J 2,173.849 Page 37
Ottusign Enyekn 10.. s14AFOB9.F464-8A3F-8W6B37DADF4 ACTION4YOUTH (A Company Llmited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 19. Summ8ry of funds Summary of funds- ¢urr¢ntyeaT Balance al 31 Marth 2026 Balance at 1 April 2025 Transfers inlout Gainsl (Losses) Income Exp•nditure General funds Restricte(I funds 991,953 1.423.295 {1.632,7221 17.844) 774,684 1.181.896 74.S02 {84.1681 1.180.074 2,173,849 1.497,797 {1.716,8901 1.954.758 Summary of fvnds- prior year Balance at 31 March 2025 Balance al l April 2024 Trnnsfers inloul Gains/ (Losses) Income Expenditure Designated funds General funds Restricted funds 115.575 672,950 1115.575) 115.515 2.645.344 f2.433,946) (7,970) 991,953 363.573 830.240 {11.917J 1. 181.896 1. 152,098 3,475.584 12.445.863) (7,970) 2. 173.849 20. Anaty$i$ of net assets between funds Analysis of assets betwaèn funds - currnnt year Unrestricted Restricted funds funds 2026 2026 Total funds 2026 Tangible fixed assets Inlangible red assets Current assets Creditors due wthin one year Creditors due in More than one year Provisions for liabilib"e5 and charge5 232.482 14.702 447.508 99.894 {16.9711 12.9311 1,785.808 2,018.290 14.702 447.508 {505,8401 {16,9711 12.9311 1605,734} Total 774.684 1,180,074 1.954,758 Page 38
D¢xusvJn EnV&k) ID". S14AFOBF4844A3F-83S7DADF4 ACTION4YOUTH (A Company Limited by Guarantèè) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 20. Analysls of net ass•ts between fitnds {contlnued} Analysis of net assets between funds - prior year Unrestricted funds 2025 Restricted funds 2025 Total fvnds 2025 Tangible fixed assets Intangible fixed assets Fixed asset investmertts Current assets 280,842 20,883 147.519 861.5 (283,031) (31.505) (4.299) l. T86,746 2,067,588 20.883 147,519 861,544 1887,881J (31.505J f4.299J Creditors due within one year Creditors due in more than one year Provisions for liabilities and charges (604,850) Total 991.953 1, 181,896 2. 173.849 21. Recanciliatien of net movement In funds to net cash flow from operating activities 2026 2025 Nel incomelexp8ndilure for the year {as per Ststement of Financial Activities) {219.093) t,026,039 Adjustmènts for: Depreciation charges Amortisation charges Gain5 on investments Loss on the sale of fixed assets De¢reasel{increasel in deblors Increasel(decrease) in creditors Defined benefit pension stheme adwstment Donations reIVed in kind 92.110 6.181 96.060 6, 181 3.682 17.979 (704.212) 263,452 (1.629) (280.OOOJ 4.221 73.111 1412.220> 11.366) Net cash provlded byl(used in) operatlng a¢tivities 1457,0561 1.027.552 Page 39
rjocuwgn Enveknpe ID.. 514AFOB9.F4B44A3F-8356837DA0F4 ACTION4YOUTH (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 22. Analysis of cash and cash equivalents 2026 2025 Cash in han¢J 311.707 653.587 Total cash and cash equlval¢nts 311.707 653.587 23. Analysi$ ol ¢hange$ in net debt At 1 April 2025 Cash flows At 31 March 2026 Cash at bank and in hand 653,587 (341,880) 311,707 653,587 {341,B801 311,707 24. P¢n$ion ¢ommitments Tlie cliaritdble lldnY uperates boih a Defir)ed Lriefft aiid defiiied (y)r)Iribuliori pEiisNJri ¥GIli1¥Y. Action4Youlh participates in The Pensions Trust's Gro¥ Plan (the Plan). The Plan is funded and is not contracted-out of the State scheme. The Plan is 8 mulli-employer pension plan. A full actuarial valuation for the scheme was carrieLI out 8t 30 September 2023. This valualion showed assets of £514.9m. lia.11t1tS of £531.Om and a deficit of £16.1 m. To eliminate this funding shortfall. the Trustee has asked the participating employers to pay addthonal contributions to the stheme. Curitributi01is pai¢J iiiio Ihe Pldri up Lu £iiid iiiLluding 2(K)1 were converted lo defined aniuuiils. of pen&on paydble from Nomial Retiremenl Date. From October 2001 contributions were invested in persoiial fuiid> whidi II¥v¥ 41 Ldpildl ¥JU•Jl&iii1 wliich are converted to pgiisiori uri I'etiremeriL. eill i¥r ilhin the Plan or by the purchase of an annuity. The rules of the Flan give the Trustee the power to requi employers to pay additional contributMJns in order lo ensure that the ststutory funding objective under the Pensions Act 2004 is mel. The statutory funding objective is that a pension scheme should have suffjuent assets to meet its past service liabilities. known as Technical Prwgons. Ab. dt tlie bdIdrI blitxl d4Jlk. Ayouth had orw al¥e membw ul Ilie Plan. Aclioti4Yuuili lldb the Plan to new entrants. The charity has calculated the deficit under the net present value of future cash flows method. pemiitted under FRS 102. the deficit of the pension scheme is £2.931 12025- £4.2991 is materialty Correct. The total c/JnlriiNJts"on5 made for the year ended 31 March 2026 were £33.60812025 - £50.3911 of which £1.534 12025 £1.6721 were defiat payments. Therefore the charge to the Statement of Financial Activities for the defined contiibubon scheme is £32.074 {2025- £48.7191. Page 40
DSIgn En¥ek?ID.. 514AFOBgF4B4W43F-835&S4A6837DADF4 ACTION4YOUTH {A Company Limited by Guaranteè} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 24. Pension commitments {¢ontinuedl Value of herne atsand liabllbthes X26 2025 Nei IK9b"lity 1931 2026 2025 Mowwils in dtht the yw. Cfi¢il in S¢? ar dy lerest eXpe Contributions 11,672) Acluanal19ainYths 4.218 i in end alyear 1931 25. Operating lèast commitments At 31 March 2026 the Company had commitrnents to make fijture minimum lease payments under non- cancellabte operating leases as folh)ws'. 2026 2025 Nol laler than 1 year Later than 1 year and not laler than 5 years Later Ihan 5 years 55,687 140,801 113,839 66,513 147.403 185.254 310,327 399, 170 26. Members. liability Each member of the charrtable company undertskes to contribute to the assets of the company in the event of rt being wound up while helshe 15 a member. or within one year aft8r helshe ceases to be a rnember. such amcKJnt as may be requId. not exceeding £1 for the debts and liabilitses contracteé before helshe ceases to be a member. 27. Controlling party The Tnjstees believe thal there is no ultimate controlling party. Page41