REGISTERED cO1PANy NUlBER. 03201917 (England and Wales) REGISTERED CHARITY NUMBER: 1056035 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR YOUNG PEOPLE FIRST (MIDLANDS) HB&O Ltd Chartered Accountants Highdoii"n Housc I l Hi2hthiin Road Lcamington Spa Wani"ickshirc CV31 IKr
YOUNG PEOPLE FIRST (MIDLANDS) CONTENTS OF THE FINANCL4L STATEMENTS for the yegr ended 31 Mareh 2025 Page Reference and Administrative Details Report of ihe Trustees 2 to 8 Independent Examiner's Report Ststement of Financial Aetivi¢ies io Balance Sheet 11 to 12 Notes to the Financial Statements 13 to 23 Detailed Statement of Financial Activitie5 24 to 25
YOUNG PEOPLE FIRST (MIDLANDS) REFERENCE AND ADMINISTRATIN:E DETAILS for the year ended 31 larCh 2025 TRUSTEES M C Burns-Jackson Ms S l Hoi%e (resigned 25.6.2024) MRHill Ms A A K Bass (resigned 9.4.202i) J M Ishenii)od {ap]x)inied 8.5.2024) D S Revnolds Iresigned 2i.4.202il COMPANY SECRETARY Ms J A Squires REGISTERED OFFICE C(x)perntii'e House wani.ick TechnolooN, Park CJalloii"s Hill wani.ick Wani"ickshire CV34 6DA REGISTERED COMPAIYY NLIMBER 03201917 {England and Wales) REGISTERED CHAIUTY NUMBER IOi6035 IIYDEPENDENT EXAMILNER IIB&O Lid Chartered Accountants Highdoii'n House I l Highdoiin Road l.&wninoion Spa Wani'ickshire CV31 IXT SOLICITORS Wrighi Hassall l.l.P 011.mpus Al'e Ro!"al Leamin?ton Spa CV34 6BF BANKERS lJnits' Trust Bank PLC 4 Brindl•'place Birniinoham BI 2JB Page I
YOUNG PEOPLE FIRST (MIDLANDS) REPORT OF THE TRUSTEES for the year ended 31 larCh 2025 The trustees who are also directors of the charity. for the purFK>ses of the Companie5 Act 20(, present their rewrt with the financial statements of the charits. for the s'edr ended 31 March 202). The trustees hal'e adopted the proi'isions of Accounting and Re]x)rting bTr' Charities= Statement of Recommended Practice applicable to charities preparing their accounts in accondance ii.ith the Financial Rewrting Standard applicable in the UK and Republic ot Ireland (FRS 102) {etlecti'e l JanuaTh' 2019). Chair's Update Reflections on the Year 2024-2025 has bccn a Vcar of knth challcngc and progrcss. Wc'i'c gro11 our dc11crI, f(K)tprint. strcngthcncd our intcrnal capacits., and clarificd our idcntiti'_all ii-hilc nas"igating tinancial unccrtaints". and 0FratIonal prcssurcs. What's Workcd Wcll "I'he SYDNI vouth club has flourisheil ii.ith sirong &ndance and reduced lo(al ASB. Detached youth work has become a cornerstone ofour prth'eniaLive approach. sch[-baSed suprK)rt is nom embedded and highli. i"alued. Our rebrand has strengihened public recognilion and innal clariiv. "I'he AGM show"trased our work and buili deeper communili engagemeni. Recruitment of a l.ead Families Worker has Iransfornied our familv suprKbrt offer. Challen es and Chan es Financial pressures due to limited grant income and delas's in asset sale. HR inN"estigations and staff transiiions required rareful management. Increased demand tor services stretched capacits. across teams. L(K)kin Ahead Strengthen grant tundraisino ivith SUPFMlrt from Cjet Grants. ProgrLss thc salc ot-Jubilcc Housc to stabili5c financcs. Expand mcntoring and trauma-infornicd practicc in scFKK>Is. Continuc inwcsting in staft Th"ClIEIng. Gratitudc -I'he trustees and I OUld like io e%nd our heartfeli thanks io all stalT: N'olunieers. supportus. and donors. Your dedication and generosilN hai'e en insirumental in achith.ing our mission make a rx)sitive difference in the lives of voung ople. Page 2
YOUNG PEOPLE FIRST (MIDLANDS) REPORT OF THE TRUSTEES for the year ended 31 larCh 2025 OWECTII'ES AND ACTIVITIES Objectives and aims Our Charitable Pur oses and activities as set out in our eonslitutioll l) "l o help voung reople in the W'an4'ickshire: Col"en¥ and Solihull area to develop their phvsical and mentsl capacilies so that thev may groii. to full maturitN' as caring indii iduals and resp)nsible membets of s(KietN': 2) -rhe prol'ision or assisianLe in the proi'ision of actii"ilies and r'acilities for recreation and leisure lime occupalion and of inforniation conceming training recreaiion health and indenden( living iipith the objeci of improi'ing the qualitv of life of young people in the area of benefiL Our Vision We put young people firsi. AIM'avs. Our Mission We put N'oung people first. We improi'e liN'es b!, building wbsilive relationships with young 0p[e living with disadvantage, their families and their community,. Working in partnerships in schwls, on the streets and '1th families to enable eTreryw voung peon to oTrercome challenges and be the best wersion of themselves. Our Value Young Person Centred Professional Passionate Consistent Inclusii'e Honest Page 3
YOUNG PEOPLE FIRST (MIDLANDS) REPORT OF THE TRUSTEES for the year ended 31 larCh 2025 OWECTIVES AND ACTIVITIES Signifjeant activities 2024-2025 a5 a vear of gromth. innolaiion: and resilience for Young P(t)ple l-irsi. Despile financial challenges, we expanded our delii'er¥,, deened partnerships. and wengthened our ideniity. Ihrough a successful rebrand. Youth Club Expansion We launched a second i%eekl! vouth club in Leaminglon Spa. folloii.ing an ini'iiaLion from the SYDNI C.enlre io support their struggling proN'ision. Initiall!, staffed M, one }'outh ii"orker: the club has groiin into a ii'ell-established service Th'ith SYDNI noii." conlribuling annually toii'ard its costs. The club has ime a valued community.. asset, ..Ith a noticeable reduction in anti-wcial behai'iour in the surrounding ar&4. Ddached Youth Work Our delached youth Ork programme continued to thrii'e. panicularl!. through Frida}, night sessions in central l.eamington in partnership ii.ith Warw'iLk District Council s Communits. Safets, Team. A standout moment il'as a targeted session M'ith a small group of voung men. iiho i'isited rK)lice custt)di' cells and discussed the realities of incarceration i.'ith local officers- an impactful delerreni and leaming experience. Schools-Based Support Our Irauma-infomied school-based l'outh ivork has groivn signifirantlv. At OakleN' School, our staff are no, embedded daily, offering mentoring, group ii'ork. regulation suppx)rL and presence during lunch and break times. This consistent relational supp)rt is helping voung people nai'igatr dysregulaiion and re-engage '1th education. Family Support In late 2024: M'e ii'elcomed Naomi as our neil" l.ead Families Worker. With a background in local authoritv services, Naomi has brought eXrtISe and energi. to our famili"-cenired practice, enabling us to offer more structured supwrL advocacN': and parentino adi'ice. Her leadership has led to a marked increase in the number ot tamilies supwrted and the depth ot engagement. Community Engagement Our Januarw 2025 AGM lias a highlight of the vear, with over 50 atndees enjoving r{K> drinks, and interactive mini-sessions led bv staft. This event Qave SUPFK)rters a hands-on experience of our urork and strenothened community ties. Branding and Identity We M'ere proud to launch our neil" brandin? and ii"ebsite. dei'eloped in partnership urith RBH CreatiN'e: who generouslv donated their time and expertise. The rebrand has brou?ht clariti. to our mission, pmfessionalisrn, and improved public recognition, aligning our N"isual identitl, I4"ith our i'alues and impact. Financial Cballenges and Fundraising Strate This vear presented significant tinancial challenoes. Grant income li.as limited: and delaN's in the se of our largest asset, Jubilee House, prth'ented expected capital infloi4': and as a result depleted reseTh'es. In res]xinse, H'"e engaged Get Grants to provide external fundrdisin? suptK)rt, M'ith the aim of increasin? ordnt income in 202i-2026 and )'ond. Safeguarding Safeguarding remains a cornerstone of Youn2 People First""s iiork. We are committed to ensuring that eN'ery young person '"e engage Th'ith is sate, suppK)rtel and protected Irom hami. Our safeguarding FK)lici' is robust, trduma-infonned. and 'le14"ed annuall!. bv senior leadership and trustees. It undcry)ins all astxcts of our dclii'cTh' _ from l'outh clubs and dctachcd scssions to schoKII-ba5cd and family Th'ork. Wc maintain highly cxpcricnccd Dcsignatcd Safcguarding Lcads {DSLsl ii".ho 0CT5CC all conccrns and cn5urc consistcnt, profcssional rcspKbllSCS. All staff rcccii"c safcguarding training during induction and rcgular rcfrcshcrs, with additional support providcd t-or thosc in frontlinc rolcs. We aciii'elv promote a safeguarding Luliure i"here sthlT: 1.olunets: and N'oung r*ople feel confideni raise concems. Our ieam is trained lo spot earlv signs of distress: abuse: or neglecL and resp)nd i4.ith empath! and professionalism. Page 4
YOUNG PEOPLE FIRST (MIDLANDS) REPORT OF THE TRUSTEES for the year ended 31 larCh 2025 OWECTIVES AND ACTIVITIES During 202&&2025. we raised i4 safeouarding concems. These ranged from emotional neglect and family breakdo to more complex cases inN"o1.Ing eiploiL21ion. F.ach concern li.as recordaj. rep)rte& and follo.ed up in line ivith slatutory guidance. ensuring young people i%"ere proiecied and supwrted. We continue to 'ork closelv '1th local sateouardin? partners: including Wani"ickshire Front Dr, schools, and wlice. to ensure joined-up, contextual SUPFK)rt and timel), inien-entions. We attend Loca] Contextual Safeguarding Meetings and Anti-social Behai'iour Meetings. Public Benefit Young People First exists to serl'e voun? people and families lii'ing ii.ith disath,antage. speciticallN, focussed in South Leamington Spa. Our ii.ork is desioned io be accessible: inclusiie: and impacttul. We proi'ide free: open access l'outh clubs. mentorin?, famil suptK)r¢ and holidav actiwities-ensuring that financial hardship is nci'cr a barricr to wticipation. Our trauma-informcd approach hclps N'oung [pIC build cmotional rcsilicncc. rc-cngagc ii-ith cducation. and makc safcr choiccs. Familics bcnctit trom adN"ocac!: parcnting suptKTrrL and hclp naiwigating complcx S's1Cms. We aclivelv reduce sLxia] exclusion b!. engaging loung people iiho are mar?]nalis. at risk of exploitalion: or disengaged from sLh(K)l. Our detached youth and school-based suppx)rt otTer safe, trusied re[lOnShIpS in the spaces )oung people alreadN' inhabil. Our M'ork contributes bader socidal benefiis: including reduced anti-social behaviour: improved schwl attendance, and stronger communitv cohesion. We are committed to Inclusi.1. Our seTh'ices are open-accesk culiurallv sensiiii'e: and shad bv youth N'oice. We actively encourage voung pM)ple to participa in decision-making and goi'emanc& including reprtsyntation on our Board of Trustees. Deliverables Our delii'en, in 2024-2025 m.as Sha by our Impact Framthvork and focused on consistenL relational supp)rt across schools, communities, and families. Weekl Reach 70 voung people attendin£ N'outh clubs 64 voung people re-engaging ii'ith leaming throu?h sch(xil-based supwrt 3) voung people engaged throu?h delached l'outh ii-ork 9 families SUPFrtirted throuoh direct interventions Annual Tota15 120 I'oung pcoplc supportcd through l-l mcntoring 124 I'oung pcoplc cngagcd in small-group Murkshops 2,300 contacts for unslhcdulcd support across all scTh'icc5 2 schwls trnincd in trauma-int-ormcd prdcticc 40 dLtachcd scssions dclii.crcd 8 bespoke: largeled sessions (e.g. prison YisiL iransilion M"orkshops) New Initialii'es Launch ofsecond 'eekIN, vouih club al SYDNI Centre L.xpan5ion ofembedded school-based supwrt Recruitment of l.ead Families Work, significanil!. increasing family supp)rt capacilv Rebrand and website launch. improving blIC recogniiion and clarits, of mik%ion Funders And Supporters We are deeplN' graieful to the organisaiions and panners ii,hose financial supw)rt has enabled us to continue delii.'ering wiLql seTh'ices to voung prople and families across Wan4'ickshire. Their generosity. and belief in our mission have made a tangible difference in the lii'es of those li'e seti'e. Page 5
YOUNG PEOPLE FIRST (MIDLANDS) REPORT OF THE TRUSTEES for the year ended 31 larCh 2025 OWECTIVES AND ACTIVITIES In 2024-2025, we recei.ed funding and supwrt from the folloii.ing grant-gii'ing b(Klies and Corrate donors.. Baron Davenport's Charitv C A Rookes Charitable Trust Gartield Weston Foundation Cjrantham Yorke Tn]st Happi. Dap's Children s Charity Joseph LeY Foundation Mid-countics C ourat13'C National Lottcrw Rcaching Communitics Fund PC'C {PoliLC and C'.rimc Commissioncr) Pcrtcmps Rccruitmcnt St Pctcr's Aid for thc Nccdi. WCC Youth .,ork Fund Grants WDC Communitv Safetv"I"eam WL)C Sp)rts WPI I Charitable I rusi We thank each of these funders for their commiimeni improi.ing ou)meS lor disadi.'an(aged >oung people and their families. Their SUPEY)rt has held us expand our reach. deepen our impacL and remain resilient during a financiall}, challenging year. STRUCTURE, GON'ERNANCE AND MANAGEMENT Governing documen¢ "I'he charily is conirolled bv its goi'eming documenL a deed of irus¢ and conslitules a limiled company? limiied by guarantee, as defined b), the Companies Aci 2006. We ere fomied as a Charity in March 19)4. Originallv known as Warn"ickshire Association of Youth Clubs we changed our name Young P(x)ple First (Midlands) in June 2017. From l April 1997 Il'e i4.ere incorporated as a company limited b!, guarantee (no )201917) and il'e are goierned bN' I Memorandum and Articles of Association dated 21 Ma! 1996.we are registered ii'ith the ChariTh' Commission as a charin, (no 105603)). Organisalions or indiN'iduals oi'er 16 can appl! io kcome a memkr of the ChariTh' M appll'ing in Ihe fom required bN' the Ttustees ..hO ivill consider their application. Page 6
YOUNG PEOPLE FIRST (MIDLANDS) REPORT OF THE TRUSTEES for the year ended 31 larCh 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Presidents and Vice Presidents President- Tim Cox, l.ord l.ieutenant of WaTh'ickshire. Vice Presidents - Robert Aldenton. The l.ath. Buttetivorth, MeTrvn KimbleY.. Tonv Parx)n& Ben Weswn, The Hon. Mrs Wheeler Bennett and Mrs B.F.. W inslanlev MBF.. DI.. Board of Trustees We have actii.'elv encourJged voun? people under the age of 2) to cOMe ttu5te and 140/0 of our Board are voung people elected before their 25th birthdav and li'e aim increase this. The directors of the charitsble companv (the charity} are its Trustees for the purtM)se of charitable laii" and thmughout this reFK>rt are collectii'ely referred to as the Trustees. The trustees, who are also the directors for the puryY)se ot compan!. laii": and iNho served during the N'ear and up to the date ot signatt]re of the tinancial slatements "ere= Mr M Burns-Jackson {Chair) MsSIHowc (Rc5igncd 6 Junc 2024) MrMRHill MsAAKBass Mr J M Ishcrw'o(MJ Mr D S Reynolds IRc5igncd 9 April 202)) IAppKbintcd 8 Ma!. 2024) (Resigned 25 April 202)) -I'he trustees have paid due regard to guidance issued by the Charilv Commission in deciding I4"haL aCtill]eS the charilv should undertake. Public Benefit -I'he -I'rustees uomplied ll their duly hai"e due regard to ihe Charil). Commission's public benefil guidance (sel oul in section 40 of the Charities (Accounts and Repx)ns) Regulaiions 20081 in deciding ii.hai aclii.'ilies ihe charity should undenake. "I'he trustees consider ihai the chariti s aciii'ilies refleci our aims and objeciiwes and thai thei, are designed proi'ide accessible serN'ices and actii'ities thai benefii the appropriate sl0r of the public in accordance iN'ith our charitable aciivities. Public benefit is demonstraied through: Young people up to the age of 25 in WanYickshir& Coi'enin. and Solihull are able to access age appropriate actii'ities, recreation, support and training that builds self-nfidencC. reinforces inclusion 1th1n social neth'.orks and promot opportunities to engage in non-fomial education. - Young people are personall!, eMl¥ered as indii'iduals and ?roups so that the)r actiN'elN' engage in and contribute to the planning pmcess and future direction ot the Chariti, and its actii'ities. Providing an alternatii'e and productive means of self-dw4"elopment for hitherto alienate(L marginalised or disaffected voung PLP]C thcrct-orc rcducing thc risk of thcm EKing drawn into antisocial and criminal beha'lOUr or cxpKricncc of social cxclu5ion. Inspiring young pcoplc by inN'olw"ing thcm in imaginativc i".outh ii.ork initiatii-cs dclii'crcd by qualificd youth w..0er5 iTr'ho prcscnt as positiTr'c adult rolc modcls. PrO.idIng qua]ily sern'ices io atfiliafrd l'outh organisaiions and associa meMrS bv giving ihem access lo worker suprM)rt, training, practical resources and )'outh aciivil! pn)grammes iherefore enabling ihem to delii'er high qualilv vouth i4'ork. lelping lo dewelop px)sitive ideas i*"iihin l'oung wple around ihe concepl of belonging io er groups, communil) In.0]vement and ciii7£nship via Ihe delivery of programmes based upon ieam building, &gre for others. creatiiwity and increased self-esteem. Page 7
YOUNG PEOPLE FIRST (MIDLANDS) REPORT OF THE TRUSTEES for the year ended 31 larCh 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Assisting in ihe appropriate preparation of l'oung people for fvrther education so increasing their wtential to tome responsible. usefullv emploved and produclii'e members of societv. Approved by order of the board of trustees on 26 Noember 202) and si?ned on its behalf by: M C Burns-Jackson- Trustcc Page 8
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF YOUNG PEOPLE FIRST (MIDLANDS) Independent examiner's report lo the trustees of Young People First (Midlands) {'the Company,) I repK)rt to the charitv trustees on mv examination of the accounts of the Companv for the vear ended 31 March 2025. Responsibilities and basis of report As the charity's trustees of the Compan! (and also its direciors for the purp)ses of companv law) you are responsible for the preparation of ihe accounts in accordance ii'ith the requiremen of the Companies Act 2(X16 ('the 2006 Act'}. HaN'ing satistied mvself that the accounts of the Compans. are not required to be audited under Part 16 ot the 2006 Act and are elioible tor independeni examination: I rewrt in respect of m!. eiamination of i'our charitjw's accounts as carried out under section 145 ot the Charities Act 2011 I'the 2011 Act,). In carTr"ino out MN, examination I have followed the Directions gii'en bN' the Charits. Commission under Seciion 145(i) (b) of the 2011 Act. Independent examiner's statement Since )'our chariTh s gross inLome exceeded £2)0,0 l'our examiner must be a member of a listed knth,. l oan c(Trnfirni that l am qualitied to undertake the examination because l am a MeMr of the Instinite ot Chartered Accountants in England and Wales, ,hICh is one of the listed les. I havc complctcd my cxamination. I confjrni that no mattcrs hai'c comc to my attcntion in conncction M'ith thc cxamination gii'ing mc cau5C to bclicN'c'. accounting rccords wcrc ttot kcpt in rl5cl of thc Companv as rcquircd bv Scction 386 of thc 2006 Ac¢ or thc accounts do not accord m.ith thosc rccord5' or the accounts do not comply with the accouniing requirements of Section 396 of the 2006 ACL oiher ihan any requirement that the accounts give a true and fair i"iei4 ivhich is noi a mailer considered as part of an indendent examination. or the accounts have noi been prepared in acconjance [th the meih(MJs and principles of the Ststemenl of Recommended Practice lor accouniing and rewrting b! chariiies (applicable io charities preparing iheir accounls in accordance I.1(h the l.inancial ReFx)rting stsdard applicable in the UK and Republic of Irel¥fftd (I.-RS 102)). I hai'e no concerns and hai'e come across no other matters in nneCtIOn ivith the examination to M'hich attention should be draivn in this retx)rt in order to enable a proper underslanding of the accounts to be rhed. Grcgg Olncr MPhil BA (Hons) FCA HB&O Ltd ChartL'rcd Accountants Highdoii'n Housc I I I lighdown Road Leaminglon Spa Warnick5hire CV31 IX-I. 26 November 2025 Page 9
YOUNG PEOPLE FIRST (MIDLANDS) STATEMENT OF FINANCIAL ACTTr ITIES (INCORPOIiATING AN INCOlE AND EXPENDITURE.ICCOUNT} for the year ended 31 Mareh 2025 2025 Total funds 2024 UnrtSiriCLed nds Restrithed nds funds Notes INCOME AND ENDOIVMENTS FROM Donations and legacies 60,752 60,752 40.085 Charitable activities Supporting Young People 19,4 210,736 230,136 268.J97 Other trading actiN'ities Ini'c5tmcnt incomc Other income 12.$87 5.620 1,489 12587 5,620 1,489 14,406 7.214 Total 210,736 310,584 330.102 EXPENDITURE ON Raising funds 2,484 ,079 Charitable activitie5 SuptM)rting Young Pcoplc 182353 304099 487,152 421,284 Total 184,737 304099 489,636 422.363 Nel gains on investments 4,472 NET INCOMEI(EXPENDITLIRE) (84089) {94,163) (179,052) (87,789) RECOLYCILIATION OF FULYDS Total tunds brought tonN'ard 386,428 249,639 636,067 723,856 TOTAL FUNDS CARRIED FORIVARD 301539 155,476 457,015 636.067 CONTINUING OPERATIOIYS All income and expenditure has arisen from o)nlinuing activities. The statement of financial actii'ities includes all gains and losses recognised in the ) ear. The slatement of financial aCtI.1t]eS alw complies ii'ith the requirements for an income and expenditure account under the Companies Act 2(K)6. lThe noies fomi part ofthese financial s(aLements Page 10
YOUNG PEOPLE FIRST (MIDLANDS) BALANCE SHEET 31 Mareh 2025 2025 Total funds 2024 UnrtSiriCLed funds Restrithed runds runds Notc5 FIXED ASSETS Tangible assets 14 305,719 305,719 328,820 CURRENT ASSETS Debtors Cash at bank 15 16,634 8,744 16,634 164.220 23.340 296.734 155,476 25J78 155876 180,854 320,074 CREDITORS Amounts tailing due within one v 16 {29558) (29558) (12,827) NET CURRENT ASSETS (4,180) 155,476 151,296 307.247 TOTAL ASSETS LESS CURREIYT LIABILITIES 301539 155,476 457,015 636,067 NET ASSETS 301,539 155,476 457,015 636.067 FUNDS Unrestricted funds Restricted funds 17 301.539 15S,476 J86,428 249,6J9 TOTAL FUNDS 457,015 636.067 The charitable company is entitled to exemption from audit under Section 477 ot the Companies Act 2006 for the Vear ended 31 March 2025. Thc mcmbcrs hai'c not rcquircd thc compan!, to obtain an audit of its financial statcmcnts for thc vcar cndcd 31 March 2025 in accurdanc£ with ScLtion 476 of thc ComFYanics Act 2006. Thc trustLCS acknoiilcdgc thcir rcsponsibilitics for (a) ensuring that the charitable compan!" keeps accouniing records that complv ii.ith Seclions 386 and 387 of ihe c.ompanies Aci 2006 and preparing financial slements which gii"e a irue and fair of ihe of alTal of the charithble Lompanv as at the end of each linancial year and of its surplus or deficiL for each financial l'ear in accordance 14.iih ihe requirements of Seciions 394 and 39) and ii.hich otheni ise Compl i4 ith ihe requiranents of the Companies Act 2006 relating to financial statements: so far as applitrable LO the CharibIe mpan). {b} lThe noies fomi part ofthese financial s(aLements Page I continued...
YOUNG PEOPLE FIRST (MIDLANDS) BALANCE SHEET- continued 31 Mareh 2025 These financial statements have been prepared in accordance iiith the prol'isions applicable to charitable companies subject to the small companies reoime. The financial staiements Th'ere approved bv the Board of Trustees and authorised for issue on 26 Noi'ember 2025 and iTr'ere signed on its behalt b}.: M C Burns-Jackson- Trustcc lThe noies fomi part ofthese financial s(aLements Page 12
YOUNG PEOPLE FIRST (MIDLANDS) LY(YfES TO THE FINANCIAL STATE]¥IENTS for the year ended 31 larCh 2025 CHARITY INFORMATION Young People First (Midlands) is a prii'ate compan!, limited b}. guarantee incorw)rated in F.ngland and Wales. The registered office is Jubilee House. Wesil&i Roa(L l.ramington SpA Wan¥ickshire: CV31)JE. ACCOUNTING POLICIES Basis of preparing the finaneial statements The financial staiements of ihe charithble compan!.: ii'hich is a public benefit entit! under FRS 102. hai'e been prepared in accordance M'ith the Charities SORP (FRS 102) 'Accounting and Rep)rting b! Charities.. Statement of Recommended Practice applirable to chariiies preparing their accounts in accordance '1th the Financial Rewrting Stsndard applicable in the UK and Republic of Ireland (FRS 102) (effective l Januarv 2019),, Financial RerK)rting Standard 102 The Financial Rewrning Srandard applicable in the IIK and Republic of Ireland, and the Companies Act 2006. The tinancial statements hai"e been prepared under the historical cost coni'ention: ii-ith the exception of inN'estments ii-hich are included at market 'a]Ue, as mlfied by the revaluation ot certain assers. Going eoncern At the time of approi'ing the tinancial statement& the trustees have a reasonable expectation that the charitv has adequale resources to C47nlinue in operational existence for the toreseeable fi]ture. Thus the tnjstees continue to aiknpt the ooing concern basis ot acu)unting in preparin£ the financial statements. Critical Accounting judgements gnd key sources of estimgtion uneertsinty In the application ot the charits s accountino Folicies, the tmstees are required to make judgements, estimates and assumptions aEMlUt the carTr'ing amount of assets and liabilities that are not readilTr apparent trom other s(Trurces. The estimates and associated assumplions are b&sed on hisiorical experience and other factors that are considered to be relevant. Actual results mai. difter Irom these estimates. Thc cstimatcs and undcrlying assumptions arc ro'icivoj on an ongoing basi5. Rciwisions to accounting cstimatC5 arc rccogniscd in thc riOd in ii.hich thc cstimatc is rci.iscd iNhcrc thc rci'ision affccts onlv that riod, ur in thc txriod of thc r,1510n and futurc pcri(Kls whcrc thc rci'ision affccts IK)th currcnt and futurc pcriods. No significant judgements hai'e had io t* made b! the trUeeS in pparIng these financia] siaiemenls. Income All incomc is rccogni5cd in thc Statcmcnt of Financial Adii'itic5 oncc thc Charl has cntitlcrncnt to thc funds, it is probable that the income m.ill reLeii"ed and the amouni Lan be measured reliably. c.ash donations are recognised on receipl. Other donaiions are recognised once the charilv has been notified or the donation: unless perfomiance ionditions require deferral of ihe amounl. Income reLoi.'erable in relalion io donaiions receii'ed under Gifi Aid or deeds ofcoi"enanL is recognised ai ihe lime of the donalion. l.egacies are recognised on receipt or otheni'ise if the charity? has notified of an impending distribution, the amouni is knoTh'n. and receipi is expected. If the amouni is noi knoii'n. the legac!J is tyeated as a contingent asset. Grants lomards revenue expenditure are released to the profit and loss account as ihe related expenditure is incurred. Grants of a capiLqI naiure are attributed to the relei'ani capital ifrm 10 h]ch the grant is in respect of and amortised oN'er the remaining useful life of the asset concerned. Expenditure l.iabilities are recognised as expenditure as s(K)n as there is a legal or constructil'e obligation committing the charity to that expenditure. it is probable that a Iransfer of economic nefits ii'ill be required in settlement and the amount ot the obli?ation can be MsUred reliablK". ENpenditure is accounted for on an accruals basis and has been classitied under headin?s that uooreoate all cosi related to the cateoorv. Where costs cannot be directls, attributed to particular headin?s thes." hai"e been allocated to actiN'ities on a basis consistent M'ith the use of resources. Page 13 continued...
YOUNG PEOPLE FIRST (MIDLANDS) NOTES TO THE FINANCIAL STATEIENTs- continued for the year ended 31 larCh 2025 ACCOUNTING POLICIES- eontinued Expendilure c.osts of raising funds comprise ihe costs associaknl li.iih aurdciing ioluntarn. income and the cosls of trading for fundffdising purposes and the cost of sthff inioli'ed in the raising of funds and Iheir associated supp)rt costs. F.xpenditure on charitable actii'ities includes the costs incurred bi, the charitv in the delii.'erv of its activities and sern'ices for its beneficiari&s and their associaied supwrt costs. 1rrec0.erab1e VAT is charged as a cost against the acti.1. for iihich the expenditure M-as Incu. Support costs relate to expenditure that has been incurred on nCtionS that assist the work of the charity but do not directlv rela to charitable aciii'ities. Tangible fixed assets Tannible tixed assets costin? £1,0 or more are capitalised and initially measured at cost and subsequentlv measured at cost or i"aluation: net of depreciation and an!" impairment losses. Depreciation is recognised so as to iiTite off the cost or Traluation of the assets less their residual i'alues over their USLtul lii'cs on thc tollom.ing bs= Leasehold Land Leasehold Buildings Over the terni of the lease Over the shorter of 50 Yea or the lease terni Over the term of the 10 year licenee to o¢eupy the land until 29 May 2024 Over S years {20°/o SL) Over 4 years {251b/o SL) Over 3 years (331b/o SL) Refurbishmeni of Swrts Court Motor VehiLles Furniturc and Equipmcnt Furniturc and Equipmcnt Thc gain or105s arising on thc distKTr5al of an a55Ct is dctcrniincd as thc ditTcrcncc bctw.ccn thc sa]c procccds and thc carrving i'a]uc ot thc asscL and is rccogniscd in nct incomcl(cxpcnditurcl for thc N'car. Impairmellt of fixed a55ets At LaLh rcporting datc thc charity rci"ic115 thc cam'ing amounts of its asscts to dctcrminc whcthcr thcrc is any indication that thosc as5cts arc includcd in thc financial statcmcnls at an amount in cxccss of cithcr thc cxpcctcd salc procccds or thc valuc to thc charity obtainablc through futurc usc (thc rccoi'crablc amount). Ir an assei is held on the balance sheth an amouni gr&Ir than the recoi'erable amouni ihen an impaim]eni loss is recognised in the Sol.'A to reduce the assei value. Taxation "I"he Lharit), is exemtrt from corwraiion on its Charlble a1Ville5. Fund accounting Unrcstrictcd tunds can bc uscd in accordancc 1s.ith thc charitablc objcctii.cs at thc discrction of thc trustccs. Designated funds comprise funds m.hich have been sei aside al the dIsCli0n ofthe irustees for 8c]riC purpx)ses. Restricted funds can onlv be used for particular restr]ed PUryK)ses "1th1n the objects of the charilv. Restrictions arise M,hen ScIFIed the IkTrnor or i*hen funds raised for particular restricied PUryK)ses. Further explanation of the natyre and prse of vach fund is included in the notes to the financial statements. Foreign curreneies Assets and liabililies in foreign currencies are transled In SLerling ai the raies of exchange ruling at ihe balance sheet dale. -I'ransactions in foreign currencies are translaied In sterling ai the rale of exchange ruling al the date of transaction. F.xchange ditTffences are tsken into account in arrii'ing at the operating result. Page 14 continued...
YOUNG PEOPLE FIRST (MIDLANDS) NOTES TO THE FINANCIAL STATEIENTs- continued for the year ended 31 larCh 2025 ACCOUNTING POLICIES- eontinued Pension costs and other post-relirement benefits -l-he Lharitable companN' operates a defined coniribulion pension scheme. Contribulions pajable lo the charithble compan! s pension slheme are charged io the Smen1 of Financi Actii'ities in the rIOd to 'hICh the). relate. The charitv initiall!. contributes 30/0 and matches employee contributions up to 80/0 of salanw into the defined contribution scheme. Finaneial instruments The chariTh, has elected to appl!. the proi'isions of Section I I 'Basic Financial Instwments, and section 12 '0ther Financial Instwments, of FRS 102 to all of its financial instwments. Financial instruments are recognised in the charits s balance sheet when the charity becomes party to the contractual proN'isions ot.the instrument. Financial assets and liabilities are offseL Is'ith the net amounts presented in the financial statements, Ivhere there is a legall!. entorceable right to set otythe recoonised amounts and there is an intention to settle on a net basis or to realise the assei and settle the liabilit%' simulÉaneouslv. Basic finaneial assets Basic financial assets, ii.hich include debtors and cash and bank balances, are initialli. measured a t transaction price including transaction costs and are subsLyuentl!' carried at amortised cost usino the eftective interest mcthod unlcss thc atTangcmcnt constitutcs a financing transa¢Xion: ii.hcrc thc transaction is mca5urcd at thc prcscnt i'aluc of thc futurc rcccipts di5countcd at a markct rdtc of intcrcst. Financial asscts classificd as rcLciN'ablc w'ithin onc ycar arc not amortiscd. Basic finaneial liabilities BasiL financial liabiliti, including crcditors and bank loans arc initialli. rccugniscd at tranLtion pricc unlcss thL arrangcmcnt con5titutcs a financing transaction: ii.hcrc thc dcbt instrumcnt is mcasurcd at thc prcscnt N'aluc of thc tuturc pal'mcnts discountcd at a markct ratc of intcrcst. Financial liabilitics classificd as payablc )N'ithin onc ycar arc not amortiscd. Debt instruments are subsequenily Larried ai amortised COSL using the effecliN'e inieresl rale mdhod. Derecognitioll of financial liabilitie5 FinanLial liabilitics arc dcrcc0gnl-d M"hcn thc Chari,5 contractual obligation5 cxpirc or arc dischargcd or cancelled. DONATIONS ALYD LEGACIES 2025 Tot81 funds 2024 Total fvnds Unrestricted fvnds Restricted fvnds Donations 60,752 40.085 Page 15 continued...
YOUNG PEOPLE FIRST (MIDLANDS) NOTES TO THE FINANCIAL STATEIENTs- continued for the year ended 31 larCh 2025 OTHER TRADING ACTIVITIES 2025 Total funds 2024 UnrtSiriCLed funds Restriaed nds funds Fundraising events Rent receii'ed 1587 li,(K 1587 11,000 3,406 11,000 12587 12587 14.406 INVESTMENT INCOME 2025 Tot81 funds 2024 Total fvnds Unrestricted fvnds Restricted fvnds Interest receivable 5,620 5,620 7.214 INCOME FROM CHARITABLE ACTIVITIES 2025 2024 Actii-its. Suptx)nin? Young People Supporting Young People SuptK)rting Young People Youth Work c.ommunities & Groups Menring & Schools 19,4(Kl 107JlS 103,421 9.639 56.500 202,2)8 230,136 268,397 RAISING FUNDS Raising donations and legacies 2025 Total funds 2024 UnrtSiriCLed funds Restriaed funds funds Fundraising costs 2,484 1,079 CHARITABLE ACTIVITIES COSTS Supwrt costs (see note 9} Direct Costs Totals Supporting Young People 272,408 214,744 487,152 Page 16 continued...
YOUNG PEOPLE FIRST (MIDLANDS) NOTES TO THE FINANCIAL STATEIENTs- continued for the year ended 31 larCh 2025 SUPPORT COSTS Goi'ernance costs Management Finance ToLqls Supporting Young People 191,964 22 J76 214,744 Support costs. included in the atxbN'e. are as folloivs: Management 2025 Supporting Young People 2024 Totsl actil'ities Wages Social sccurity Pensions Insurance l.ight and heat Telephone & internet Postage and staiionerv Sundrics Staft training IT & computer cosrs Repairs and reneivals Motor running costs Depreciation oftangible and herithge assets 107,690 10259 5J84 3,460 5,620 4,707 849 12,704 3J15 9,569 9,510 708 18,1&9 100,319 9,250 5,016 2,929 6,192 4,797 1,701 3,679 5,560 8,282 17,198 ,354 17J99 191.964 183.676 Finanee 2025 Supp)rting Youn2 PLxiple 2024 Total actiN'ities Rank charges 404 324 Governance costs 2025 Supwrting Young Pcoplc 2024 Total actiTritics IndeFEndent examinerfs remuneration Legal and protessional Accountancw fees 3JOO 16,441 2,635 3?00 9,422 1,640 22 J76 14J62 Page 17 continued...
YOUNG PEOPLE FIRST (MIDLANDS) NOTES TO THE FINANCIAL STATEIENTs- continued for the year ended 31 larCh 2025 io. NET INCOMEI(EXPENDITURE) Nei income/{expenditure) is stated after chargingl(crediiing)= 2025 2024 Dcptrciation- oThncd asscts Surplus on disw5al of fiicd cts 25,770 (1,489} 24,980 TRUSTEES, REMUNEIL4TION AND BENEFITS There were no trnstees, remuneration or other benefits for the year ended 31 March 202) nor for the vear ended 31 March 2024. Trustees, expenses There were no tti]stees' expenses paid t.or the l'ear ended 31 March 2025 nor for the year ended 31 March 2024. 12. STAFF COSTS 2025 2024 Wages and salaries Redundancy costs Social sccuritv costs Other pension cosls 300,990 16,01)0 20.112 13,443 261.783 li.937 11,981 350.545 289.701 Thc charity considcrs its kc). managcmcnt rsOnncl to bc thc trustccs, thc Chicf Ofticcr, thc Dcputv Chicf otriccr, and thc FinanLC Ofticcr. Thc total cmplo1.mcnt bcncfits including cmplovcr pcnsion contributions of thc kcy managctncnt pcrsonncl lias £118:4iO (2024- £IOi:68il. Thc aN'cragc monthl! numiKr of cmplol'ccs during thc Vrdr was as follow5.. 2025 16 2024 14 Staff No cmployccs rcccivcd cmolumcnts in cxccss of £60:0(K). 13. COMPARATIVES FOR THE STATEME1 OF FINANCIAL ACTIVITIES Llnrcstrictcd nds Rcstrictcd funds Total funds INCOME AND ENDoWlENTs FROM Donations and Icgacics 37,085 3,000 40,08) Charitable actiTrities Supporting Youno People 9,639 258,758 268,397 Othcr trading actii"itic5 Ini'cstmcnt incomc 14.406 7.21) 14.406 7,214 Total 68.345 261,757 330,102 Page 18 continued...
YOUNG PEOPLE FIRST (MIDLANDS) NOTES TO THE FINANCIAL STATEIENTs- continued for the year ended 31 larCh 2025 13. colPAITIvEs FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued Unrestricied Restricted fvnds funds Total fvnds EXPENDITURE ON Raising funds ,079 .079 Charitable activities Supporting Young People 267.i91 153.693 421,284 Total 268.670 153.693 422.363 Net gains on inN'estments 4.472 4,472 NET INCOMEI(EXPENDITURE) (195.853) 108.0fy4 {87.789) RECONCILIATION OF FUNDS Totsl funds brought foni'ard 582.281 141,575 723.856 TOTAL FUNDS CARRIED FORIVARD J86.428 249.639 636.067 14. TANGIBLE FIXED ASSETS riilures and fittings Freehold proper Motor vehicles Totals COST Al l April 2024 Additions DisFrtisals 849,915 56847 2,669 7,546 914J08 2,669 (7S46} (7046} At 31 March 2025 849,915 59516 909,431 DEPRECIATION Al l April 2024 c.harge for vear Lliminated on disrK)sal 525,712 52230 2,707 7,546 585,488 (7546) (7546 > At 31 March 2025 548,775 54,937 603,712 NET BOOK I'ALUE At J l March 202) 301,140 4579 305,719 At 31 March 2024 324.20i 4.617 328,820 Page 19 continued...
YOUNG PEOPLE FIRST (MIDLANDS) NOTES TO THE FINANCIAL STATEIENTs- continued for the year ended 31 larCh 2025 15. DEBTORS: AMOUNTS FALLING DUE IVITHIN ONE YEAR 2025 2024 Tradc dcbturs Prepal'ments and accrued income 4,710 11,924 11,018 16,634 23.340 16. CREDITORS: .4MOUNTS FALLING DUE II'ITHIIY O]¥E YEAR 2025 2024 Trade creditors Social securitv and other t&Kes Other creditors Accruais and deferred income 14,138 IlJ35 lJ35 2,750 1.310 7.271 1.496 2,750 12.827 An amount totalling £188 (2024 - £2:7iO) lia5 includcd ii-ithin dCfccd incomc amaiting satisfaction of i.'arious txrforniancc conditions. 17. MOVEMENT IN FUNDS Nct mui"cmcnt in tijnds Transfcrs bctsi.ccn funds At 31.3.25 At 1.4.24 Unrestricted funds Free reserl'es lJnrestricted fixed assets 57,608 328.820 {60,608} 124281) (1,179) 1,179 (4,179) 305,718 86.428 (848891 301,539 Restricted funds Communitics & Groups Mcntoring & schw15 16 249.623 6,030 (100,193) 6,046 149,430 I49,9 {94,163) 155,476 TOTAL FUNDS 636.1167 (179,052) 457,01S Page 20 continued...
YOUNG PEOPLE FIRST (MIDLANDS) NOTES TO THE FINANCIAL STATEIENTs- continued for the year ended 31 larCh 2025 17. MOVEMENT IN FUNDS- continued Nei movement in fund& included in the aixive are as folloivs: Incoming Resources expended Moi'ement in funds Unrestrieted funds Free resen.'es Llnrestricled fixed assels 98J59 1,489 (158,967) (25,770) (60,608) (24,281) 994848 (184,737) (84,889) Restrieted funds Communities & Groups Mentoring & sch(K)Is 107?15 103,421 (101,285) (203,614) 6,030 (I(10,193) 210,736 (304.899) (94,163) TOTAL FUNDS 310&1 (489.636) (179,052) Comparatives for movement in fvnds Net moi"ement in funds Trdnsters betlieen funds At 31.3.24 At 1.4.23 Unrestricted funds Free reserl'es lJnrestricted fixed assets 230.216 352.06) (170.873) (24.9801 (1,73)) 1,73) i7,608 328.820 582.281 (195,853) 386,428 Restrieted funds Communities & Groups Mcntoring & schw15 41,574 l(K).001 (41:ii8) 149.622 16 249,623 141.57) 108.0(A 249,639 TOTAL FUNDS 723.8)6 {87.789) 636,067 Page21 continued...
YOUNG PEOPLE FIRST (MIDLANDS) NOTES TO THE FINANCIAL STATEIENTs- continued for the year ended 31 larCh 2025 17. MOVEMENT IN FUNDS- continued COmparati.e net movement in funds: included in the atN)ve are as folloivs= Incoming resources Resources e.xpended Gains and losses Movement in fi]nds Unrestrieted funds Free resen.'es lJnrestricted fixed assets 68,345 (243.6901 (24.980 > 4.472 (170,873) (24,980) 68,345 (268,670) 4,472 (195,8i3) Restricted funds Communities & Groups Mentoring & sch(K)Is i6.499 20i2i8 (98:Oi7) {5i:6361 (41,558) 149,622 261.7)7 (153,693) 108,064 TOTAL FUNDS 330.102 1422.363) 4,472 (87,789) A current year 12 months and prior N'ear 12 months combined FK)Sition is as folloS.. Nct moi"cmcnt in tiind5 Transfcrs bctsi.ccn funds At 31.3.25 At 1.4.23 Unrestrieted funds Frcc resc'c5 Unrcstrictcd tixcd asscts 230.216 352.06) 1231.481) (492611 12,9141 2.914 14,179) JOi,718 582.281 (280.742) 301,539 Restricted funds Communitics & Groups Mcntoring & schwls 41.574 l(K).001 (35,i28) 49.429 6,046 149,430 141.57) 13.901 155,476 TOTAL FUNDS 72J.8i6 1266.841) 457,015 Page 22 continued...
YOUNG PEOPLE FIRST (MIDLANDS) NOTES TO THE FINANCIAL STATEIENTs- continued for the year ended 31 larCh 2025 17. MOVEMENT IN FUNDS- continued A current vear 12 months and prior 12 months combined nei moi'ement in fvnds, included in the above are as folloi¥3: Incoming Resources exnd CJains and losses Movement in fL]nds Unrestrieted funds Free reseTr'es lJnrestricted fixed assets 166.704 -489 (402.657) (50.7501 4.472 {231,481) (49.261) 168.193 (453.407) 4,472 (280,742) Restrieted funds Communities & CJroups Mentoring & sch(M)Is 163.814 308.679 {199.342) 1259.2iO I (35,528) 49,429 472.493 1458.592) 13,901 TOTAL FUNDS 640.686 (911.999) 4,472 (266.841) Free reseTr'es represent amounts held to further the charitable objectiTres as the trustees see tit. Frcc rcscrN'cs "CrC significantl!" rcduccd during thc financial N"car. primaril). duc to ongoing fundraising and opcrational challcngcs. Thc Trustccs acknuii"Icdgc thc impact of this dcplction and hai"c takcn stcps to addrcss it. It is anticipatcd that thc rcscTr"cs tM)Sition ii.ill substantiall!. strcngthcncd in thc 202i-2026 financial vcar through cnhanccd tundraising actii"its' and thc pla[cd salc of thc officc building, currcntlv hcld as a fixcd assct. Thcsc mcasurcs arc cxpcctcd to rcstorc thc frcc rcscThics to a morc 5U5tainablc Icvcl: suppK>rting thc charity's long-iemi Linancial r&ilience. "I"he unrestricted fi.xed assei fund is a desIgmad p)i sd aside ts) recognise ihe nei tKM)k value of the fixed assels used bN' the uharitv. Communities & Groups has been S up help young PLxbple in the Wani'ick districl community iN'ith after-sch(K)l and ei'ening clubs and holida!, proi'ision. Mentoring & sch(K)Is is for helping N'oung ppIe in eduration and to suprrfbrt their mental health and .'¢I]being. 18. RELATED PARTY DISCLOSURES There ii'ere no related partv Iran&ictions for the l'ear ended 31 March 202).
YOUNG PEOPLE FIRST (MIDLANDS) DETAILED STATEMENT OF FINANCIAL ACTtVlTIES for the year ended 31 larCh 2025 202) 2024 INCOME AND ENDOWMENTS Donations and legaeies Donaiions 40,085 Other trading activities Fundraising a'cnts Rent receiTr'ed 3,406 I I,O(K) 11,000 12587 14,406 Investment income Interest receivable 5,620 7.214 Charitable activities Youth Work Communitics & Groups Mcntoring & sch[5 19,4 107J15 103.421 9.639 56,5(M) 202,258 230,136 268.397 Other income Gain on sale of Lqngible fixed asse 1,489 Total incoming resources 310,584 3)0,102 EXPENDITURE Raising donations and legaeies I'undraising costs 2,484 1.079 Charitable activitie5 Wagcs Social sUrity Pensions Youth Work Communilies & Groups Mentoring & Schools DcprLLiation of land and building5 209JOI 161.464 6.687 6.965 11,845 27,118 1.262 7,)81 8,059 5526 30203 1885 272.408 222,922 Support costs Management Wages Social securitv Pensions Insurancc Carried torw'ard 107,690 100.319 9.250 5.016 2.929 117.514 5J84 3,460 126,793 This page does noi form part of the SUl0Th. financial ststrments Page 24
YOUNG PEOPLE FIRST (MIDLANDS) DETAILED STATEMENT OF FINANCIAL ACTtVlTIES for the year ended 31 larCh 2025 202) 2024 Management Brought fom'ard Light and heat Tclcphonc & intcrnct Postagc and stationcry Sundries Staff training 126,793 117,514 6.192 4,797 1,701 3,679 5.560 4,707 12,704 3Jl5 L 11 IT & computer costs Repairs and renewals Motor running costs DLprLciation of land and building5 Depn ot turniture and equip 9569 9,510 708 15,482 2,707 8.282 17,198 1.354 15,482 1.917 191,964 183.676 Finance Bank charges 404 324 Governanee costs Independent examinevs remuneraiion Lcgal and profcssional ALcountancy fccs 3JOO 16,441 2,635 3.300 9.422 1,640 22 J76 14,362 Total resources expended 489,636 422.363 Nd expenditure before gains and losses (179,052) (92,261) Realised recognised gains and losses Realised gains/(losses) on fi.xed asset inl'esimen 4.472 el expenditure (179,052) (87,789) This page does noi form part of the SUl0Th. financial ststrments Page 2)