YOUNG ASIAN VOICES
REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2025
Charity Number 1054783
YOUNG ASIAN VOICES
ANNUAL REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2025
| Contents | Page | |
|---|---|---|
| Trustees annual report | 1to9 | |
| Independent examiners report | 10 | |
| Statement of Financial Activities (including | 11 | |
| income and expenditure account) | ||
| Balance sheet | 12 | |
| Notestothefinancialstatements | 13to | 20 |
The trustees are pleased to present their annual report together with financial statements of the charit These financial statements comply with the Charities Act 2011, ‘Accounting and Reporting by Charities: applicable to charities preparing their accounts in accordance with the Financial Reporting Standard apy lreland (FRS 102) (effective 1 January 2019)’.
Message from Chairperson The year of 2025 has been a challenging one for the charitable sector, and Young Asian Voices (YAV) ha: relationships with our partners and to continue to deliver our essential range of services to our commu) team, partners, and supporters, YAV is playing an increasingly vital role in creating resilience and under: in contact with.
Our services and expertise continue to evolve, further benefiting the communities we serve.We have fu the nation in our mission to create positive impacts on both the community and young people. With the partners, we are delivering long-term projects, while continuing our ongoing activities and flexible prov and region-wide as a reliable provider of services and events, from supporting cultural bids to facilitatin On behalf of our committee, we extend our heartfelt thanks to all our staff, volunteers, supporters, fun: contributions to strengthening our organisation, and, most importantly, the young people who continut and represent the heart of YAV. Your passion and commitment are the driving force behind YAV's accor our donors and partners whose generosity and support have enabled us to pursue our mission with stre into 2026, we are excited to build upon our successes and continue to innovate and grow. Our focus wil fostering community engagement, and expanding our programs to reach and bring together even more
Executive Manager Report
| am pleased to present the end of year annual report for YAV Youth and Community Charity. This repor challenges, and future as we continue to make a positive impact on the lives of young people and the cx surrounding areas.
- Overview: YAV Youth and Community Charity is dedicated to empowering young people and creating a supportive programs and initiatives focus on education & training, skills & Volunteers development, Sports & wellb engagement. Throughout the year, we have worked tirelessly to fulfil our mission and create lasting changes.
2. Achievements:
a) Education Programs: This year, we successfully delivered new initiatives aimed at empowering youth engagement such as after-school clubs in local primary and secondary schools, employability, training a volunteering opportunities created as well as specialist sports training for all ages. These programs have providing them with invaluable resources, qualification and continued support to maintain skills for futt b) Skill Development: It has been a vital part of our mission to empower young people and equip them 1 professionally. This year, we’ve focused on providing a diverse range of opportunities that help our you serve them in all aspects of life.
c) Wellbeing Support: Recognising the importance of mental well-being, we established one to one sup} health awareness campaigns. These initiatives have provided much-needed support to young people fa reduce the stigma surrounding mental health within our community. d) Community Engagement: We have strengthened our community presence through various events, w These efforts have not only fostered a sense of belonging but have also inspired many young individual: futures.
3. Challenges:
a) Funding: Like many non-profit organisations, we faced challenges in securing adequate funding to su: have been actively seeking partnerships and exploring new avenues for fundraising to overcome this ch
- Future Plans: a) Program Sustainability: We plan to continue our educational programs and vocational training initiati young people. This will enable us to make a greater impact on their lives and empower them with the s| succeed,
b) Partnerships: We will continue to seek strategic partnerships with corporations, government agencie These partnerships will not only provide financial support but also enable us to leverage resources and |
c) Diversity and Inclusion: We are committed to creating more inclusive programs that reflect the divers Over the next year, we will place even greater emphasis on promoting cultural understanding, inclusivit will continue to provide a safe and welcoming environment for young people and adults to express thei conversations about social justice and community-building.
| would like to take this opportunity to express my heartfelt thanks to our dedicated staff team, volunte course, the incredible young people and adults who continue to inspire and drive our work. Your comm role in this year’s capacity building and success, and | look forward to all that we will accomplish togeth: continue to prioritise youth engagement, provide meaningful opportunities for volunteering, and cultiv. voices can lead with purpose and passion.
This year we will be celebrating our 30° anniversary of the charity and would like to thank you all for yc towards YAV charity.
Objectives and Activities
The object of the charity is to pursue any charitable object calculated to benefit the community, in parti Young Asian Voices works towards equality of opportunity and social justice for all people in the City of ethnicity, class gender, sexual orientation or cultural background. The charity conducts operations with these principles in mind. It believes that positive and constructive between all different communities in Sunderland. They seek co-operative and fraternal partnerships wi' community groups that hold similar values and principles.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activ particular the Commission's guidance on public benefit.
YAV Mission
Developing young people and transforming our diverse communities through youth empowerment, spc volunteering.
YAV Vision
To be the most progressive Youth & Community organisation, driving integration, inclusion, and empow
YAV Values
Respect Inclusion Social justice Equal opportunity Learning
Empowerment
Innovation Professional delivery Safe environment
Trainings, Qualifications and Workshops: Introduction to Youth Work Committee Skills Together For Children Training Capacity Building training Environmental Training Health & Safety Training Disability Awareness First Aid NVQ training/Apprenticeship Level 1 & 2 Food Hygiene Training Volunteer’s training Football & Cricket Coaching Monitoring & Fundraising Equality & Diversity Training Training in Care Level 1 and 2 in Adult Social Care Training in Care Level 1 and 2 in Child Care Street Games Multi Sports Coaching Research Media Skill training Event Planning and Risk assessment training Mental Health Awareness IT Training Funding Information Workshops _Challenging Unacceptable Behaviour Quality Assurance Scouts Induction Training Peer Research How to: Branding and Messaging Guide Understanding Young People Understanding Young People from Social Economic Groups ECB Foundation 1 Coach Employability Support induction Social Media Marketing How to make a video Content Safeguarding Behaviour Insights Workshops Training Strategic Planning and Leadership Cricket Activators Training Implementing Family Hubs MIDAS Training Mastering Digital Communications Managing Challenging Behaviour ICAMHS Training social Media Marketing Train the Trainer
Nutritional Education Workshop
Management and Leadership Skills Safeguarding for Specialist Roles in Cricket Physical Activity Workshop
Youth, Drug, Alcohol Awareness Session
SEND — Making Sense of Autism’ training
Introduction to Healthy Eating for HAF providers Threshold Training
Domestic Violence and Gender Equality Champion Training Achievements and Performance
2023 Awards:
Champions of North-East Christian Fellowship League 1* Division Featured as 1 of the success stories amongst many other brilliant CLLD projects and organisation Great partnership 5 aside Football Tournament — Runner Up Chance to Shine Girls Team at National Street Finals 2023 — 3 Place and Team Player Awards County Durham and Cleveland Tennis Men’s Over 65’s Singles and Doubles — Winner — Dr Paul Andrew Durham Cricket Board Junior’s League U13 in play-off - Runner-up North-East Outstanding Work in Community Safety Award — YAV North-East Volunteer of the Year Award — Rashvin Ramanathas Triple Regional Sports Award — YAV Maureen Jackson Community Person of the Year Award — Kumareswaradas Ramanathas (Ram) 2024 Awards: ;
Chance to Shine Boys and Youth Teams at National Street Finals 2024 County Durham and Cleveland Tennis Men’s Over 65’s Singles and Doubles — Winner — Dr Paul Andrew Durham North-East Cricket League Division 2 and Division 4 Hetton Lyons Development League Division 4
VCAS Awards Finalists
TFC Young Achievers Awards Finalists
ECB Activators Training
Staff and Volunteers continue to offer their services and help with project work. There is an increase in increase in number of sessions offered. Young people and staff have been involved in various training programmes throughout the year increas help improve the quality of provision offered. Group key session numbers achieved for the year ending March 2025 are: Contact: 17,009, Participants: 2,337, Recorded Outcome: 790, Accreditation: 295 The Charity continues to further develop Youth committees, Youth Voice, and a Volunteer Project. In response to the continuing demand of the minority groups within the area, the charity has provided : sessions to various groups within the Sunderland. There has been an increase in demand for junior membership, young volunteers, women and young gir The programmes offered have been to help develop their Employability and Social skills and continue w sessions such as fitness for adult women and men. This pattern of increase in demand continues as ther joining YAV and accessing services.
YAV played an active role in city culture and diversity events throughout the year and has been seen as youth and community work within marginalised committees. The charity continues to be supported strongly by Volunteers and Staff in carrying out its work and this Management committee and everyone involved in the Charity.
Reference and Administrative Details
Trustees
P Andrew (Chairperson) T Hussain (Treasurer) A Lewis | Kay B Rahman L Abdullah P Brigham | Farfarova C Kilvington
Charity Number 1054783
Principal Address
Sans St Centre Upper Sans Street Sunderland Tyne and Wear SR1 1HG
Independent Examiner
Julie Maxwell 11 Edith Street Jarrow NE32 SHS
Bankers
Royal Bank of Scotland
Drummond House, 1 Red heughs Avenue, Edinburgh, EH12 9JN
Structure, Governance and Management
Governing Document
Young Asian Voices was set up as a charity on 24 April 1996, registration number 1054783 and operates February 1996. The charity is governed by its Trustees who are also members of the organisation. Under the requireme Committee shall consist of not less than S members and no more than 15 members. The Executive Com management of the organisation to the Executive Manager.
Appointment of Trustees
All the members of the Executive Committee shall retire from office together at the end of the annual g which they came into office, but they may be re-elected or reappointed. All Trustees give their time vo! any material benefit from the charity. Trustees are however able to claim reasonable out of pocket exp: for selecting a Chairperson, Secretary and Treasurer.
Trustees’ Induction and Training
All trustees receive an induction into the values and services of Young Asian Voices, their duties, roles, r trustee and key policies. A trustee role description is issued to all new trustees outlining the duties, role trustee faces. Role descriptions are in place for the Chair, Treasurer and Company Secretary.
All trustees are required to undertake training on a range of issues such as on equality and diversity isst and responsibilities of trustees.
Risk Management
The trustees recognise that they hold a responsibility to identify risks to the organisation; to ensure tha’ of risks occurring; to limit the impact of any risks on the viability or security of the organisation; to mani regularly review whether new risks have been introduced into the organisation. The trustees have implemented a risk review system and have built a risk register. They have reviewed risks with the highest risk score. The trustees have implemented a system to review the risk register on incident.
Financial Review
The management committee are fully involved in developing action plans and fundraising plans to focu: Charity. The Charity's core focus during the year continued to be the provision of youth sessions and activities. 1 £238,095 (2024: £366,725) which represents an decrease of 35%. As of 31 March 2025, the total funds ' unrestricted funds being £14,394 (2024: £31,920).
Reserves Policy
It is the policy of the Trustees that free reserves (unrestricted funds not invested in tangible fixed asset: equivalent to between three- and six-month’s expenditure. The level of free reserves is currently £14,35 under two month’s expenditure. The Trustees considers that reserves at this level will ensure that, in tl funding, they will be able to continue the Trust’s current activities while consideration is given to ways i raised.
Going Concern Statement
The Trustees have reviewed and considered the financial information and forecasts and considered the The Trustees are of the view that the immediate future of the charity for the next 12 months is secure a going concern.
Trustees Responsibilities in Relation to the Financial Statement The charity trustees are responsible for preparing a trustees’ annual report and financial statements in ; United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). In preparing the financial statements, the trustees are required to: select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charities SORP. make judgements and estimates that are reasonable and prudent. state whether applicable UK accounting standards have been followed, subject to any material departu financial statements.
prepare the financial statements on the going concern basis unless It is inappropriate to presume that t The trustees are responsible for keeping proper accounting records that disclose with reasonable accuri the charity. They are also responsible for safeguarding the assets of the charity and the group and henc prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial informatic company’s website. Legislation in the United Kingdom governing the preparation and dissemination of 1 legislation in other jurisdictions. The trustee’s report was approved by the Executive Committee and signed on their behalf by: Dr Paul Andrew, Chair of the Executive Committee Signed ws... Pork Ar,dhuew
YOUNG ASIAN VOICES
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES For the year ended 31 March 2025 | report on the financial statements of Young Asian Voices for the year ended 31 March 2025, which are set out on pages 10 to 19.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act) and that an independent examination is needed. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
-
‘examine the accounts under section 145 of the Charities Act,
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‘to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act), and
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«to state whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent examiner's statement
- In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect: ‘the accounting records were not kept in accordance with section 130 of the Charities Act: or ‘the accounts did not accord with the accounting records; or
‘the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than if the requirements that the accounts give a “true and fair” view which is not a matter considered as part of an independent examination. | have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Dated: 09/01/2026
Julie Maxwell 11 Edith Street Jarrow Tyne and Wear
YOUNG ASIAN VOICES
STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31 March 2025
| o S |
Unrestricted Funds |
Restricted Funds |
Total 2025 |
Total 2024 |
||
|---|---|---|---|---|---|---|
| + | f | £ | £ | £ | ||
| Income from: | ||||||
| Donations and legacies | 9) | 10,291 | - | 10,291 | 8,534 | |
| Othertrading activities | 7 | 64,904 | 162,900 | 227,804 | 358,191 | |
| Totalincome | 75,195 | 162,900 | 238,095 | 366,725 | ||
| Expenditure on: | ||||||
| Charitable activities | ||||||
| Operation ofthe charity | 8 | 90,385 | 175,447 | 265,832 | 440,343 | |
| Totalexpenditure | 90,385 | 175,447 | 265,832 | 440,343 | ||
| Netincome/(expenditure) before investmentgains/(losses) |
( 15,190 ) | ( 12,547 ) | (27,737 ) | ( 73,618 ) | ||
| Transfers between funds | (47 ) | 47 | - | - | ||
| Netmovementoffunds | ( 15,237 ) | ( 12,500 ) | (27,737 ) | ( 73,618 ) |
||
| Reconciliation offunds | ||||||
| Totalfunds broughtforward | 31,920 | 12,500 | 44,420 | 118,038 | ||
| Totalfunds carriedforward | 16,683 —SSSSSS———— |
0 ———ooo |
= | 16,683 ——EE——_—— |
44,420 —See———————_ |
The Statement of Financial Activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities The notes on pages 12 to 19 form an integral part of these accounts.
Charity Number 1054783
YOUNG ASIAN VOICES BALANCE SHEET
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i” Total Total
2 2025 2024
< £ £ £ £
Fixed assets
Tangible assets 16 472 2,362
Total fixed assets 472 2,362
Current assets
Debtors 17 7,191 1,500
Cash at bank and in hand 18 11,165 56,317
Total current assets 18,356 97,817
Creditors: amounts falling due within
one year 19 ( 2,145 ) ( 15,759 )
Net current assets 16,211 42,058
Total assets less current liabilities 16,683 44,420
Total net assets or liabilities 16,682 44.420
Funds of the charity
Unrestricted income funds 16,683 31,920
Restricted income funds 0 12,500
Total funds 16,683 44,420
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The notes on pages 12 to 19 form an integral part of these accounts. These financial statements were approved by the Board on: and are signed on its behalf by:
DR Paul Andrew Chair
20,1, tb
YOUNG ASIAN VOICES NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 1 Accounting Policies The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows: 2 Basis of accounting
2.1 Basis of preparation
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) — Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
Young Asian Voices meets the definition of a public benefit entity under FRS 102.
2.2 Preparation of the accounts on a going concern basis
The financial statements have been prepared on a going concern basis. In making their assessment the Trustees have reviewed and considered relevant information, including their annual budget and future cash flows. The Trustees are of the view that the immediate future of the charity for the next 12 months is secure and that on this basis the charity is a going concern.
3 Income
3.1 Recognition of income
Income is recognised when the charity has entitlement to the resources, any performance conditions attached to the item(s) of income have been met, it is more likely than not that the resources will be received and the monetary value can be measured with sufficient reliability
3.2 Offsetting
There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by FRS102 SORP or FRS102.
3.3 Grants and donations
Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. Income received in advance of the provision of a specified service is deferred until the criteria of income recognition are met.
3.4 Volunteer help
The value of volunteer help received is not included in the accounts but is described in the trustees’ annual report.
YOUNG ASIAN VOICES NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025
3.5 Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank. 3.6 Fund accounting Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity. 4 Expenditure and liabilities
4.1 Liability recognition Liabilities are recognised when it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. 4.2 Charitable activities
Expenditure on charitable activities includes the costs of working with young Asian members and other activities undertaken to further the purposes of the charity and their associated support costs. 4.3 Governance and support costs Support costs have been allocated between governance cost and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.
4.4 Irrecoverable VAT
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred. 4.5 Creditors
The charity has creditors which are measured at settlement amounts less any trade discounts. 4.6 Provisions for liabilities A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date. 5 Assets
4.6 Provisions for liabilities
5.1 Tangible fixed assets for use by the charity Individual fixed assets costing £1,000 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows: Fixtures fittings and equipment 25% straight line Motor vehicles 25% straight line
YOUNG ASIAN VOICES
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025
Analysis of income
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| Funds | Funds | 2025 | 2024 | ||
| ee:es | esee eer | ||||
| 6 | Donations and legacies | ||||
| Donations | 10,291 | - | 10,291 | 8,534 | |
| 10,207 | 10.2918 | 8 | |||
| 7 | Charitable activities | ||||
| Crowd Funding | - | : | : | 9,933 | |
| Community Foundation | 3,750 | . | 3,750 | ||
| Durham Cricket Foundation | 12,752 | ‘ | 12,752 | 13,923 | |
| Esmee Fairburn Foundation | - | 90,000 | 90,000 | 90,000 | |
| Garfield Weston Foundation | - | 10,000 | 10,000 | 10,000 | |
| Northumbria Police & Crime Commissioner | - | - | - | 2,860 | |
| Paul Hamlyn Foundation | - | - | - | 27,500 | |
| Peoples Health Trust | - | - | : | ~ | |
| Sunderland Blackand Minority Ethnic | . | 2,608 | 2,608 | 6,124 | |
| Network Ltd | |||||
| sunderland CityCouncil | - | 5,000 | 5,000 | - | |
| Sunderland CityCouncil CLLD | - | - | - | 7,233 | |
| Sports England | - | - | - | - | |
| The BallingerCharitable Trust | - | 20,000 | 20,000 | - | |
| The National Lottery | |||||
| Awards For All | - | - | - | 5,800 | |
| Community Fund | - | 42,344 | 42,344 | 83,640 | |
| Million Hours Community Fund | - | 21,900 | 21,900 | 21,900 | |
| KnowYourNeighbourhood Fund | - | 11,048 | 11,048 | 29,462 | |
| Other Lottery | " | : | - | 9,450 | |
| ThornhillAcademy | 18,760 | - | 18,760 | 18,362 | |
| Togetherfor Children | 25,858 | 25,858 | Sf 2o2 | ||
| Othersmall grants £2,000 or less | 3,784 | 3,784 | 4,772 | ||
| 64,904 | 162,900 | 227,804 | 358,191 |
-
Income was £238,095 (2024: £366,725) of which £75,195 was unrestricted or designated (2024: £102,823) and
-
£162,900 was restricted (2024: £263,902)
YOUNG ASIAN VOICES NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025
Analysis of expenditure on charitable activities
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Unrestricted Restricted Total Total
Funds Funds 2025 2024
8 EEE
8 Operation of the charity
Salary costs inc. pension and employers NI 58,249 115,177 173,426 318,971
Insurance - - - 2,800
Bank charges . _ 1.119
Printing, postage and stationery - - - 960
Project work 12,710 39,425 52,135 65,048
Staff development and travel 1,646 5,266 6,912 17,775
Light and heat 4,500 9,302 13,802 13,219
Telephone 7,250 - 7,250 7,108
Building charges 3,500 785 4,285 3,841
Depreciation charge 1,890 - 1,890 1,890
Management support 3,750 3,750 2,878
Equipment - 1,743 1,743 3,734
Governance costs -
Independent examiner's fees for reporting on 640 -
the accounts 640 600
Other governance costs - - > 400
90,385 175,447 265,832 440,343
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Expenditure on charitable activities was £265,832 (2024: £440,343) of which £90,385 was unrestricted or designated (2024: £113,939) and £175,447 was restricted (2024: £326,404) 9 Fees for examination of the accounts
| 9 | Fees for examinationexamination of thethe accounts | ||
|---|---|---|---|
| 2025 | 2024 | ||
| —fF | LE | ||
| Independentexaminer's fees for reporting on the accounts | 640 | 600 | |
| Otheraccountancy services paid to theexaminer | - | 400 | |
| 640 | 1,000 | ||
| 10 | Analysis ofstaffcosts and the cost ofkeymanagement personnel | ||
| 2025 | 2024 | ||
| —fF | ET | ||
| Gross wages, salaries and benefits in kind | 158,702 | 188,169 | |
| Employer's National Insurance costs | 12,310 | 8,794 | |
| Employer's pension costs | 2,414 | 2,987 | |
| 173,426 | 199,950 |
- Number of employees whose total employee benefits (excluding employer pension costs) for the reporting period fell within each band of £10,000 from £60,000 upwards.
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Number | Number | ||||
| Band | £70,000 | to | £80,000 | 0.0 | 1.0 |
YOUNG ASIAN VOICES NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 10 Analysis of staff costs and the cost of key management personnel continued The key management personnel of the charity, comprise the Trustees and the Executive Manager. The total employee benefits of the key management personnel of the charity were £64,062 (2024: £73,437).
11 Staff numbers The average monthly head count was 11 staff (2024: 11 staff) and the average monthly number of full-time equivalent employees during the year were as follows:
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2025 2024
The parts of the charity in which the employee's work: Number Number
Charitable activities 6.0 6.0
6.0 6.0
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12 Transactions with trustees
- None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity.
Trustees’ expenses
The following detail the expenses incurred by the trustees.
2025 2024 a
Transaction(s) with related parties
There have been no related party transactions in the reporting period.
13 Defined contribution pension scheme
The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund.
The employer's pension costs represent contributions payable by the charity to the fund and amount to £2,414 (2024: £2,987). There was xxx outstanding as at 31 March 2025 (2024: £571)
14 Corporation Taxation The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objectives.
15 Capital commitments
YOUNG ASIAN VOICES
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 As at 31 March 2025, the charity had no capital commitments (2024 -£nil)
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Motor Total
16 Tangible fixed assets Vehicles
a ee
Cost
Balance brought forward 7,560 7,560
Additions - -
Disposals en ee
Balance carried forward 7,560 7,960
Depreciation
Basis SL
Rate 25%
Balance brought forward 5,198 5,198
Depreciation charge for year 1,890 1,890
Disposals - -
Balance carried forward 7,088 7,088
Net book value
Brought forward 2,362 2,362
Carried forward 472 472
17 Debtors and prepayments (receivable within 1 year)
2025 2024
ae ee
Accrued income 7,191 1,500
7,191 1,500
18 Cash at bank and in hand
2025 2024
£ £
Cash at bank and in hand 11,165 96,317
11,165 56,317
19 Creditors and accruals (payable within 1 year)
2025 2024
—_£ OE
Trade creditors - 10,966
Taxation and social security 1,183 3,222
Pension 321 571
Accruals
Independent examination of accounts 640 1,000
2,145 15,759
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- 19 Creditors and accruals (payable within 1 year)
YOUNG ASIAN VOICES NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025
- 20 Events after the end of the reporting period No events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.
21 Analysis of charitable funds
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Analysis of movements in unrestricted funds
Fund Fund
balances balances
brought Incoming Resources carried
forward resources expended Transfers forward
Unrestricted funds £ £ Fo EE
General unrestricted fund 31,920 75,195 ( 90,385 ) - 16,730
Totals 31,920 75,195 ( 90,385 ) - 16,730
Purpose of unrestricted funds
General unrestricted fund The ‘free reserves' of the charity
Analysis of movement in restricted funds
Fund Fund
balances balances
brought Incoming Resources carried
forward resources expended Transfers forward
Restricted funds £ a ‘ £ £
Crowd Funding - - - - ‘
Esmee Fairburn Foundation - 50,000 ( 50,000 ) - .
Garfield Weston Foundation - 10,000 ( 10,000 ) - ‘i
The Ballinger Charitable Trust - 20,000 ( 20,000 ) - -
Paul Hamlyn Foundation 12,500 - ( 12,500 ) - .
Sunderland Black and Minority - 2,608 ( 2,608 ) - ‘
Ethnic Network Ltd
Sunderland City Council CLLD - 9,000 ( 5,000 ) -
The National Lottery - ~
Awards for All - - - . "
Community Fund - 42,344 ( 42,344 ) - ‘
Million Hours Community Fund - 21,900 ( 21,900 ) - .
Know Your Neighbourhood Fund - 11,048 ( 11,048 ) . ‘
Other Lottery - - - - .
Totals 12,500 162,900 ( 175,400 ) - .
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Purpose of major restricted funds
Restricted funds represent income resources used for a specific purpose within the charity as identified by the donor. Esmee Fairburn Foundation Core costs for the further development of youth voice across Sunderland.
iia meee
YOUNG ASIAN VOICES
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025
21 Analysis of charitable funds continued
Purpose of major restricted funds continued Garfield Weston Foundation Core costs
Core costs to continue to work with people who we see as playing a vital role in the To support ‘Change, Survive, Adapt and Grow’ and contribute to the Executive To support the the community with with limited incomes and savings
Paul Hamlyn Foundation To support ‘Change, Survive, Adapt and Sunderland Black and Minority To support the the community with with limited incomes Ethnic Network Ltd Sunderland City Council CLLD Young People’s Work Ready Training Project.
The National Lottery:
-
Community Fund To support the minimum of 450 people per year in our community together with 25 volunteers per year.
-
Million Hours Community Fund To provide detached youth work delivery to reduce the impact of anti-social behaviour on young people.
-
Know Your Neighbourhood Empowering communities to take sustained action on volunteering and loneliness.
Fund
22 Analysis of net assets between funds 2025
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Unrestricted Restricted Total
Funds Funds 2025
aE EE
Tangible fixed assets 472 472
Investments “ - .
Other net current assets/(liabilities) 5,046 - 5,046
Long term assets/(liabilities) - - -
16,682 0 16,683
of net assets between funds 2024
Unrestricted Restricted Total
Funds Funds 2024
a —§ LE E
Tangible fixed assets 2,362 - 2,362
investments . ° :
Other net current assets/(liabilities) ( 14,259 ) - ( 14,259 )
Long term assets/(liabilities) ' - .
31,920 12,500 44,420
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