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-835W￿370AoF4 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$h Flows 19 Notès to the Financlal Statements 20-41 D￿￿9n Enveknpè ID.. S14AFOB￿F484-oA3F-835￿G8370ADF4 ACTION4YOUTH {A Company Limited by Guarantee) REFERENCE ANO ADMINISTRATNE DETAILS OF THE COMPANY. ITS TRUSTEES ANO ADVISERS FOR THE YEAR ENDED 31 MARCH 2026 Tru$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 CoMpan￿S 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 e ul undertakiiiy I1￿ organisalion's diarilable oi irwi1￿ generaliiig aLlivities a￿ riul included in the Ststement of Finanual Activrties. Achi•v8mwts and p•rfomianc• a. Main achievements of the Company Action4Youth supported over 30.000 chiklren and Y￿ng peop￿ throughout the year within Buckn"ngh8mshlre and across the surrounding regions. working in close CA)Ilaboration wlh schools. local authorities and other key partners. We are proud to have made a posilive and lastsng difference to the lives of so rnany young people and. importanuy. through our w¢J* we have continued to relieve pressure on our overstretched education. health, we￿are and criminal justice systems. This year has been a period of change and transiknon for Action4Youth. with the end of the Nab'onal Citizen Serw¢e {NCSI contract in April 2025 and the arrival of a new CEO. Benedicla Morrow, in December 2025 after over ten years under the very capable leadetship of Jenifer Cameron OBE. The end of the NCS income has ne.cè8.?Itatg.d dnwn.si7.ing wilhin the staff te.am. a rarp.fiil rp.vip.w nf rxkSt.%, Anrf d*.8pit•. p.vp.ry effort lo grow incnmp. and manage spend. we dosed the year recording a significant loss. Page 3 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 V￿th smaller staff numbers than in previous years. we are fortunate to have retained a highly skilled team who have excellent knOw￿dge 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 ciyJp- 8i*es 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 Do￿￿9n 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 C￿trent 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 Ir￿uranCe has been laken oul in respect of the Trustees for the peric*J. Page 9 Decusign Envek)pg ID.. S14AFoB￿F484-8A3F-&￿5￿6B37o￿DF4 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 ￿p￿sent 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 Oppor￿nItIeS 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 sUC￿e￿. 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 Do￿5￿9￿ 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 CA￿sistenI1y.' 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 uji1￿￿rI bdSib uTil¥¥b il is iiiappropriale lo yivsume Ihal Llie Company will u)ntinue in tMJsine&8. The Tru51ees are reSponsi￿e 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 inf￿111<1i￿ll £iiid lu e¥knbli¥h iFiÉiL Llie Llidiill¥ audilors ai¥ dWmpany 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 rec￿gnItiOn of income from legaoes 15 dependent on eslablishing entitlement. the probability of receipt and the ability to estimate SLrfftcienl accuracy the amount re￿1Vable. Eviden￿ of entitlement lo a legacy exisls when the Company has SUffi￿ent evidence Ihat a gift has been left to them (through knO￿edge 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 re￿iVed 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 reCognit￿n 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 meaSU￿d 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-8￿wB37DAOF4 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 re￿iVed 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 Sp￿1. and depr8ryati(m charges alkncated on the tknlion of the asset's use. Expenditure on charitable activities is inCu￿ed 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 indU￿Ve of irrecoverabje VAT. 2.4 Gov•rnment grants Govemment grants relating to tangible fixed assets are t￿ated 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 ACtI￿tieS 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 an￿￿pated 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 proba￿e. 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 Dottjs￿n Envelcpelo. 51¥Fo8￿F46d-B￿3F4Xs￿AA6B37DADF4 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) Dep￿ciatIOn 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.. F￿hold 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 Cent￿S, 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, $0 that before the building works commenced they had complete ownership. 2.9 Investments Fixed asset investments are a fomi of finanoal instrument and a￿ initially recognised at their transaction cost and subsequenvy measured at fair value at the Balance Sheet date. unless the value cannot be measured reliably in which rase it is measured at cost less impairment. Investment gains and bsses. whether realised or Un￿alISed. are combined and p￿sented as 'GainsllLossesl on investments. in the Statement of Financial Actiwties. 2.10 Debtors Trade and other debtors are reco9nised at the settlemenl amount after any trade discount offered. Prepayments a￿ valued at the amount prepaid net of any trade discounts due. 2.11 Cash al bank and In hand Cash at bank and in hand includes cash and short-lerm highly liquid investments a short maturity of three months or less from the date of acquisitson or opening of the deposit or similar account. Page 23 D￿￿9n En￿k>pe ID". 514AFC69-F484443F-835&5AA6B370ADF4 ACTION4YOUTH IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 Accounting policies {continuedl 2.12 Liabilities Liabililies and prowsions are recognised when there is an Obl￿3a110n at the Balance Sheet dale as a resutt of a past event. it is probable that a transfer of economic benefit wll be required in setuement, and the amount of the settlement can be estimaled ￿liat￿Y. Liabililies are recognised at the amcwnt that the Company antiupales it will pay to settle the debt or the amount it has received 8$ advanced pawnènts for the goods or seryices it must promde. Prnvi￿Ons 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 in￿ntIve 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-835￿AA6B37DAoF4 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￿$t￿¢ted fvnds 2025 Total funds 2025 Training outdo￿ education Membership Olher Grants 2.464 608, 188 5,113 3. 719 329,639 1.388,388 83.724 2,464 606, 188 5,113 3.719 329.639 1.388.388 83. 724 Contract income Duke of Edinburgh 2,421.235 2,421.235 Page 26 DC￿1￿ En¥ekn￿ ID.. 514AFC89*4B44A3F43￿AAfftl7DADF4 ACTION4YOUTH IA Company Limited by Guarantsel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 In¥e$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¢$tricted funds 2026 Total 2026 Youth activities 1.632.722 84,168 1,716.890 Page 27 Ottusign Enveknpe ID. 514AFOBg.F484-8A3F435&5M6B370ADF4 ACTION4YOUTH IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEP•lENTS FOR THE YEAR ENDEO 31 MARCH 2026 Analysls of exp•ndlture on charilable adlvltles {¢ontlnu•d) Summary by fund type (continued) Unreslricled funds 2025 ReslriGted funds 2025 Tolal 2025 Youth a￿￿1tieS 2,433.946 11.917 2.445.863 Summary by èxpendlture type Staff costs Depreciation Othèr costs 2026 2026 2026 Totsl 2026 Ywth activities 901.402 102.715 712,773 1,716,890 Staff costs Deprp¢iai?on ofher costs 2025 2025 2025 Total 2025 Youth activitie5 1,378.702 122, 139 945,022 2,445,864 Analys15 of expenditur¢ by activities Activities undertaken directly 2026 Support costs . 2026 Total fund$ 2026 Youth at*vities 1,659.258 57.632 1.716.890 Page 28 DO￿￿9n Envebpelo.. 514hF0Bg-F4B4-8A3F-&35WA￿7DAoF4 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$ts Total funds 2026 Tolal funds 2025 AetivitlÈs 2026 Govemance costs 57.632 57.632 60,685 Page 29 DOcus￿n Envek¥)e ID.. 514AFCe9*4B44A3F-835&5AA6B37DAOF4 AcnoN4YOUTH {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 Audltovs rgmunération 2026 2025 Fees payable lo the CoMpan￿S au¢Jitor for the audit of the Compan¥s annual accounts 12,456 10,250 Fees payable to the Compan¥s auditrK in respect ofr All non-audit services not induded above 2,880 2,880 10. Staff costs 2026 2025 Wages and salaries Social security o)sts Contribution to defined ¢￿t￿t￿J¢￿In pension schemes 787.246 82.082 32.074 1,242,838 87,145 48. 719 901.402 1.378, 702 The average nufflber of persons empl￿ by the Company during the year was as fdlows.. 2026 No. 2025 No. Management and admin Youth work Outdoor educat 14 42 13 32 62 The number of emplws whose eM￿o&￿e t*nefits {exduding employer pension Costs) exi*eded £60.OCX) was.. 2026 No. 2025 No. In the band £60.CK)1- £70.000 In the band £70.c￿)1- £80,000 In the band £80.(K)1- £90.OCKI All Trusteesldirectors and certain senior emp￿yeeS who have authority and ￿s)￿)nSibl11ty for planning. directing and controlling the 8ctivilies of the company are considered to be key management personnel. Total remuneration of these individuals is £180.867 {2025 - £279.208I- Thts represents the three {2025 - three) members of the senior rnanagemenl team. Page 30 DwJsigTr Env8lope10.. 514AFOW4844A3F-83￿AAÉB37DAoF4 ACTION4YOUTH {A Company Limited by Guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 11. Tru$t¢•$' remuneration and expenses During the year. no Twstees receive¢J any ￿m￿neratIOn or other benefits (2025- £NILJ. During the year ended 31 March 2026. expenses totaHiTrJ £NIL Y￿re reimbursed or paid direclly to Trustees (2025- £NIL to Trusteej. These expenses relaled lo travel and sub5151ence. 12. Intangible assets Development Co$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.. 514AFo8￿F48￿-8AjF-88s￿S￿6937oAoF4 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.. S14AFOB￿4B4￿a3F43S%Sm￿70ADF4 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 calde￿tte 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.. s14AFOB￿F4B*8A3F￿I5￿A68370ADF4 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 Ke￿TreS 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 Er￿e￿￿10.. 514AFo89.F484-8A3F435￿6B37DADF￿ 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 i￿Out (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 CA￿tal 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-8￿W6B37DADF4 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 r￿ed 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". S14AFOB￿F4844A3F-83S￿￿7DADF4 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 re￿IVed 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-83￿5￿6837DA0F4 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 ￿ll￿dnY uperates boih a Defir)ed L*riefft aiid defiiied (y)r)Iribuliori pEiisNJri ¥GI￿li1¥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 d4Jl*k. A￿￿￿youth had orw a￿l¥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 D￿SIgn 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 a*￿tsand liabllbthes X*26 2025 Nei IK9b"lity 1931 2026 2025 Mowwils in dtht the yw. C*fi¢il in S¢￿?* ar dy lerest eXp￿e 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 requI￿d. 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