Charity Number: 1044254 commi ggi(Y) SouthM'i¢k Neighbourhood Youth Project Unaudited Financial Staterncnts for the )ear ended 31 March 2025 Southm'ick Neighbourhood Youth Project Contents Page No. Le(Jal and Administration Deiails Trustee5 Report Independent Examiner's Report io thc Commiiiee Unaudited Statement of Financial Aclivilies Unaudited Bitlanlc Shcct UnauditL'd Statcment of Cash Flows Notes to the Unaudited Financial Sialements SouthiTr'ick Neighbourhood Youth Project Legal and Administration Details Charity ) umber: 1044254 Trustees C. Roper C. Williatns- Resigned 07,,'01..2026 S. Kaur- Re5ignLd 0104ll025 J Rc)bcrtson L Lawson- App()inled 1310512024 D il.'ilson- Appointed lJ105:'20?4 P Wilson- Appointed 13 0*1?024 V.Neal Appoinled lJi'OS,.'?074 G.Clarke- Appointed 1310512024 Addre55 ?71 Southi%'ick Road southi4.ick Sunderland SR5 ?AB Chairperson C. ￿ illiams Secretar C. Roper Treasurers J Robcrison Ind¢peDdent F.%amin¢rs Toraersens East Suite, Ground Floor AN'alon House Si Catherine's Court Sunderland SR5 3XJ Bankers Barclavs Bank UK PIC 5) Fai%"cell Siieet SuT]derland SRI IRS Solicitors Ben Hoarc Bell 47 Jolin Srreel Sunderland SRI IQL Page: I SouthTrick Neighbourhood Youth Project Trustees, Report for the year ended 31 March 2025 Constitution -I'lie charity S()uihwick Nci¥hb()urhood Youih Pr()jL"LI (SNYP) is incorporaied under a Constitution which sets out the objectlS'Lb and purposes ol the C.harily_ -Ihe Financial slaletnenls coiiipl}' Ivith cutTeni sliltutory requirenients and the requiremLnls ol- the Constitulion_ Gcneral Information and Objectives SNYP, which has b¢¢n a regisiered charitv since 1995. 15 a loniy runnin¥ projcct set up lo work M'iih 7- 25 year olds in i)rder lo alleviate the s(Kial consequences of poverti, in this extremel). deprived area of Sunderland. WL. aim to encourage self-help and provide inlormation and supporl so that the !.'ouiig people gain confidence and skills That enable theTn to live more fultilled lii'es. Each JLar SNYP deals I￿lth approiitnaielv foo uidividual voung people witl)in the buildingv and via the delached work we undertake. The ￿'ork the charity undertakes in response to The identified needs of the vounu people is delivered in an iT]formal amiosphere H,here each person is Ireated equally, ii.'ith re5pecl and as an indi￿ldual. We ()I'lcr d wide programine of aciivilies and vouth H'ork sessions for )'oun people ￿,hO want access to safe spaces and supportive Eldulis, wi(hin ihese sessions issues can be discussed OPLnl!' and more In depth tor ihose aged 11 18 Vears. We provided junior sessions for 7 - 1 l >ear olds al ivhich the), can rnake new friends, lamiliarise themsel￿e5 with Ihe pr()jeL't and ivorkers, develop iheir crealivitv and skills of social interaclion in a S¢ife environment whilst addressing is%ues such as bullyiIig and safetN' at home and in soci¢t)' in ueneral_ In respeLt of our einploymenl,leduLalioll and train ing suppori. each j'oung person is offered an iiidividual programme of Uld￿Le and support to enhance their oppoilunilies tor fuiure success and development. The project ¢ilso otlers a tree contraceplivL progrdmme for youno Card scheme operated by thL. NHS and Sunderland City. Council." people aged 13 Jears and above who register ivith ihe C- Tlirough()ul IhL yLar ive aim lo M'iden youniy peoples horii.c)n.s. M'hich pro& ides them w'ith essential social education by orgaiiisinn trips, outin¥F% dnd activities outside of dieir fajniliar area. Youn¥( people encourd¥cd [() Idkc ￿ activL parl in planningv and Lvalualirig these events: encoura&Tin¥ ihcm tci hI1￿.c conlidcncL in themsclvcs. and acknowledge their abilitv to chan¥c Ihcir oivn environment. In all i)ur ii'ork tlie project strive5 tQ TLmain indcpLndenl and be able to ivork ii'ith ioung people is'ithout imposing aiij. agcnda sel by otl)er adults or political slraiLgies. In shon: Ive are a project belonging lo the )'ouiig people, therebv foslering a sense of oivnership and sell-.iYorlh. A lasring legFaLy of the w(Irk we undertook during ihe COVID-19 pandetnic 15 that we expanded OUT services to include siipport to the wider communitsll thal the youn(5 people beloT]u to. We nom." offer faTnil%' suppi)rt SULh as food bank a¢cess, benLfiiS advice importould like to eipress ihcir Ihank's to all donorg for their trLnerosily and aLKn[)￿.1LdgIe that wiihciui ihis support ihe projecl could not continuc lo servc their idin(ified nLeds. Thk]nk vou. We Tneasure ihe success of our iYOTk Ihrvu(. .h thL dinerence M'e make and the changes we see in the young people. Their individual outcomes lire Viiried, as is their journe)." iyiih ihe projecl. Over Ihe course of the last )'ear we have continued ID bToaden ihe w'ork ￿'e do to encompass ihe wider commiinit! and their ideiitified needs; we have offered thig additional suppon alongside our N'outh ivork pro(yranime, blending the t￿.0 togelher and adapliniy lo the reall￿tIon Ihat by offeritio support fo a I￿]der uroup. the N"oun(T people will uliimately benLfil and their lives be impruved_ We meet our charitable objectives Ihrough all of the i¥ork w.e undertake at the project, each activity has meanlllcy￿I and measurable outcomes, W'e strive to have the voice of }-'oung people at each level of our operation. ensuring that they are leading and . 'ding the work ￿'e do on iheir beh(I1f. Page: 2 Southwick Nei%hbourhood Youth Project Trustees, Report for the year ended 31 March 2025 Or2anisational Structure The charity is Managed by a cornm itlee elcctL"d dl Ihe AGM each year and: subject to tern]ination of oifiLL" b). rLsignation or citherwisc. shall remain in 0￿]ce until iheir successors are elcLlcd ai thL" neit AGN4 follow ino their election. ThL Lommiltee shall have the power lo fill any vacancv that Tlldli occur. -I'he retiring nien)ber of the comrnitlee shall bc eligible for re- eleLti()n. To recruit and dPP()int nLi%." Iruslees wc ad￿'enise throuoh our nem'orks includingy IhL Voluntary and C",omniunity Sector Nclwork in sunder1￿)d aiid the Sunderland All ToLTether Consortiurn_ Wc hdvc infonnalion displa)'ed in thL proiLcl for young people aged 18 1 and parenls i%ho are intere.sted loo. Nlan!. of our trusiee positions are often taken up bv t()rmer employees, students and volunteers w,ho iyant to continuc their inN'01￿eMent in the project be)'(TrT)d their emploj'meni or work placements. The structure of the charit), 15 set up so that ihc day lo daTr running of the organisation fa115 to the youth and cominunity work coordinator and the strategic development worker. rcspon.4ible for fundraising, goveri)ance. rnanauin¥ Jnd supeTh'ising statf, students and volunteers. enabling delivcTh' of N'outh services and activities. reporlino to 5taLeholders and networkiiig. The management commillee (trustecs) oversee the work and receive quarterly reports. Tl)ey aTe ie%ponsible for aiiy Inajor changes to the organisation and aTe legally re%ponsible for Ihe charitv. Dccisions about day-lo-day manatsenient of the project are made b}, Ihe }'outh and communil>' coordinator and the youth carecrs work-er, this includes examples siich as setting budgets ftor aLlii'ities. opening and closing tiines, agrLL'in&' programmes of iTr'ork, management ￿]d risk" assessment. Decisions made bj the trustces includL deciding M,hat Iiew arLas to fundraise for, decisions about recniitment ot- neil. siaff, selling priorities. selting paj sLalLS. All decisions are infornicd by the people we serve, their thou￿15, ideas and needs guide the w'ork. The managyement commille¢ consisls of 8 trustees elected at the AGM_ Addilional members can be co-opted at the di5CT¢tion c)f the committee, for their e.xpertise in relation to ihe charilv's objectives. Co-opted member5 shlill bL non- vutin&T n]LTnbers. Re5erve5 Policy Duc lo (he diversity of funding avenues and the short temi.annual naturc of manTr' grants, Ihe charity will aim t() mdintain minimum frec reserves of £25,000 to a maxiinum of tw'elve months e¥penditure in ordcr to ensure the contiiiuity ol- the project. The level of re5crvc believed necessar), by the t￿SteeS is dictated bv the annual core of mil intaining basic youth provision in line ii'ith the Consiitution: tooeiher i¥ith a percentage to act a5 a bridge beli￿een one tunding source endin? and anothcr beginning in respecl of anv of the additional developvnent i%ork the project currentl), undertakes. The trustees will review and monitOT the reserve annuall}'" io ensure ihat Ihe amounl is realistic and inaintained at the appropriate level in relation to the previous years expendilurc. Additional monies carried foni'ard from one financial year to another will be general reserves. Risk Review The trustees have asse%sed the major risks to H'hich the charin, is eiposed. in particul(Ir those related lo the operations and linances of the charity and are satisfied ihai sysiems are in place to mitinale our exposure lo ihe major risks. Plans for future periods The charil). dims to LuntinuL" to serve the young people of Southm'ick. ensuring theN' gllidL ihc ivork- undertaken. Pldn% lor thL Lciinin(r vear includL regeneration of a disused multi use gTamcs dlca. tu bring i( back inlo use for the benLfit ol- }'oung pcoplc. The regeneration of the land at Church Strcct ]% ongoino WL no￿. have a long lease froTm IhL Lilv council %(} can begin work to UPgTrade and Improve thc IdLiliiJ for voung people. We also plaii to orow oui COTnmunilv otTer too. wc plan li) establish a rcgular colTcc morning for isolaled ineinbeTS of the conimunit)I dnd hclp bring peoplc tngLthLr for waniitli and LC)mpanionship. We hope to lie this in with our I'-aTeSharc dnd Fruit and Vc£etable dclivcry loo lo eiisiire that participants can gain access lo our food bank if Tcquircd. We also hope lo run the Bread and Butler Tl)ing as a further cheap food option for the C0Tnmuni￿. aT]d thi% i%'ould bc staffed b}. I'olunteers largcl}'. Wc shall pusli ahead helping Ih05c in Ihe Lommunity who are digilallTr' challenged aTJd i5Dlaled to help them usc Icchno1025"' more casilv to assist with their day to day lives. South￿'iCk fieighbourhood Youth Project Trustees, Report for the year ended 31 March 2025 Slalements of Trustce'5 Responsibilities for the Financial Statements ThL trustees are responsible for prep￿nLF the Trustees Report and the findncial statements in aLc(IrdanLe with appliLable lam, and LJnilLd Kin(rdom Accountino Standards. The la1￿ appliLdblL lo charities in England and Wales requires the trustees l() prLpare financial stateiDent5 for cach fin￿Lia1 ycar ￿hICh ?ive a true and fair vie￿. of Ihe slale of affairs of the charilj. and of the iI)COLning re50uices lind application of resources of the charit! for thal period. In preparing these financial slalements. the trustees are rcquired to: sel¢¢t suitable accounting policies and then appl> them ¢onsisiently- obsLYVL' the meihods and prijiciples of the Charities SORP- make judgcmLnts and estimales that are reasonable and prudcT)t: Slate whether applicable accountinu standards hilvg been lolloi*ed. subject to an}, deparlures disclosed and explained in ihL financial slaleineiit5- and. prepare the financial staiemenls on Ihe (ioing concern b￿lS unless il is inappropriate lo presume Ihal the project will continue in busiTrL"5S. The trustees are re5ponsiblL for keepina accounting rccords ivhich disclose H'ith reasonable accurncv the financial posilion of tlie chaTih' and enable ihem to ascertain lo ensure Ihai ihe financial srareinents conipli.. with the Cliariries Act ?0 I I, tlie Charity (Accounts and Reports) Regulalion5 ?019 and the proi'isions of the trust deed. The), are also responsible for saf¢gyuarding the assets of the charity and hence for iak.ing reasonable steps for ihe prevenrion and detection of traud and orher irregularities. Signed on behalf of the '[ ruslccs-. Joliii Robertson Trustee Date.. 23~01-IL Pa¢Te'. 4 Independent Examiner's RLport tn the Committee of Southwick Yeighbourhood Youth Project l'ear cnded 31 March 2025 I report tc) the commitlce on my examination of the fmancial Sta￿MCn[S of SoUth￿.1c￿. Neiglibourhood Youth Piojcct for the year cnded JI March 2025. Responsibilities and bas15 of report As the cotnmittee of the charil>' you arc rcsponsible for the prcparaiion of the financial statements in accordancc H.'ith the requiretnents ol the ChaTlties Aci ?0 I i ('Ihe Act'}. I report in respect of my exainination of Ihe charity s financial slatements carried out under seclioii 145 of the 201 I ALI and in carr)iing out my examination I have folloived all the applicable Directions given b) the Lharity Commission undcr seLlion 145(5)(b) of the Act. Independent exdminer's Statemenl Since jour charity'5 gross incoTne exceeded £150,000 vour c.Kaininer musl be a member of a listed body. I can Lonfinn that l am qualified to undertakc Ihe Lxaminalion because l am a reoisiered member of IcAE1￿ ivhich is one of (he listed bodies. I have completed mv exain ination. I confwm that no maierial matters have come to m), xi(eniion in col￿ectIon wilh the examinalion giving mc cause to believe that ID an), material ILspect'. accounting records were not kcpt in rcspcct of the chariti, as required b!.. scctiiin 130 of the Act; ()r the Iinancial slalements do noi accord H'ith those records- or the fmancial statements do not Comply ￿lIh the applicahle rcquirements concerning the form and conlenl of accounts set out in the Chariiies (Accounls and Rcpons) Re tiulalions ?008 ocher than an) rcquiremcnl that tlie accounts give a true and lair, view Kvhich is noi a matter considered as part ot an indepcndeni examiiiatLOII. I have no concenis and have cotne acro&s no other maiiLrs in conneLtion i4.ith the exan)ination to which attenlion should be dra￿￿ in this report in order to enable a proper understanding of Ihe accounts to be reached. Alison Henshaw FCCA Torgersens c.hartered Accountants East Suite, Groiind Floor Avalon House St Catlierine's Court Sunderland SR5 iXJ Date". Zb 01201b Pag¢: 5 Southwick Neighbourhood Youth Project Unaudited Statement of Financial Activities for thc Tr'ear ended 31 March 2025 Unrestrieted Funds Restricted Funds Total Funds 2025 Total Funds 2024 Note Incoming Rcsouries Charitable , and deprivation Tomards salan.. costs of a w'orker and laptops, w'ebsile developrnent and licences Community Opportunities/ Foundation Sunderland All Together- Southwick 5UPPOrt Toivards holidaN' and fo(Kl proN'isions for Southwick ward. TogTether for Children Toivards resources for Pride Event Sunderland CC - Fo￿1 bank support 'l-oi*ards providing household support in partnership with other organisations to ihe su￿Ound1n￿y cornmunily, including fees for management. Tois'ards providinLF variou5 beautv ilerns and stationery. Sunderland CC- Positive Steps Sunderland CC - Raising Aspirations Towards salary. costs of two members of staff for 10 hours pcr ¥'eLk. Sunderland CC- Light switch on FuT)d5 toward5 resources ILfrcshmcnts for the Christmas Light sm'itch on Neighbourly - Toy Bank unds received toiyards lovs for Lidl toy bank- Youth Investment Fund Toivards Lapiial cxpenditure Page-. 13 SouthJTrick.Yeighbourhood Youth Project Notes to the Unaudited Financial Statements for the year ended 31 March 2025 io Movement on Fund5 Restricted funds 2023 Funds B/fwd 2024 Funds Clfivd Income Expenditure Tr2ns(ers BBC Lhildren in Need Comniunity Foundation Suiiderl¢1nd All TogFeiher Together for Children Sunderland CC- bood bank support I Assistance Sunderland CC - Positive Steps Sunderland CC - Raising7 AspiTaiions Youth InvestmenT Fund (19.209) ( 1.000) (?4,345) (4j6) {4,22)) 4?6 97,790 (97.790) 14,849 89.400 (14.849) (89.400) 251.55$ Unrestricted funds Designated funds Capital Fund General Funds 6?0,430 (16.387) (119,077) 97.641 701,684 60,519 119.856 (4,016) 684 186 119 762,203 18 J71414 ?93 397 Purpose of Restricted Funds BBC Children in Need Toi4'ards delivering youth ￿'Ork- activities impacted by povertv and deprivaiion Communit! Opportunitie0 Foundaiion Toil'ards salary costs of a worker and laptops, website de%."elopmeni and licences Sunderland All I"ogether- South￿,]ck SUPPK)rt Toi%'ards holida), and food provisions for Southwick ward. Together for Children Toi¥ards resources lor Pride Evenl Sunderland CC - Food bank support Toi%'ards proiiding household support in partnership Kvith other organisiiliuns lo thc 5urrollnding community, including fees for management. 1014'ards providin(y variou5 beautv items and stationery. TolV￿d$ saliVI"' cosL% ol. two members of staff for 10 hours per week. Toil'ards capilal cxpendilure Sundcrland CC - Positive Steps Sunderldnd LC- Raising Aspirations Youth Invcslment Fund Page= 14 Southivick Neighbourhood Youth Project oles to the Unaudited Financial Statements for the year endcd 31 March 2025 Anal)'sis of Nel Assets between Funds Rcstricled Unrestricted General Designated 2025 Total Fixed assets Net current assels 7?6.333 726,JJ3 91,701 82.-f18 726.333 818034 Rcstricted Unrestricted General Dc5ignated 2024 Tolal Fixed assets Net cutTent assets 701,684 701,684 60,519 60,-519 60 701684 -762.20) Linrestricled funds Restricted Total funds funds Total funds 2024 12 Incorne frotn ini'e5tment5 Bank interest receivable 1.082 196 The income from investments for the charity ivas £l.196120?4- £1.082) of ￿'hICh £1,196 (20?4= £1.082I was unreslriclcd and £nil i?024'. £nil) was reslricied. Pao¢= 15