BROXTOWE YOUTH HOMELESSNESS ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
BROXTOWE YOUTH HOMELESSNESS LEGALAND ADMINISTRATIVE INFORMATION Trustees R Macrae G Bryan B Flint P Dytham-Double A Sidhu K M¢Arthur-Brown N Vvood Chair Treasurer
BROXTOWE YOUTH HOMELESSNESS CONTENTS Page Trustees, report Independent examinerfs report Statemenl of financial activities Balance sheet Notes lo the financial statements 7-13
Broxtowe Youth Homelessness - Trustees Report and Accounts for year-end 31. March 2025 Registered Charity Number 1061494 Trustees Annual Report R_ef_erence_and Admin.is_tra_tive D_otails Broxtowe Youth Homelessness- charity number 1061494 ("BYH") Principal Addresse5: Broxtowe Youth Homelessness 1 Church Walk Stapleford Nottingham NG9 8DE Trustees and Management Committee: R MacRae- Chair Gaynor Bryan- Treasurer Vacancy - Secretary B Fllnt- Trustee P Dyth3m-Double- Trustee A Sidhu - Trustee K. McArthur- Trustee Nicola Wood- Trustee Affiliated members of Management Committee: S_tructure,-Go_v_erna.nce an_d_management BYH is operated under the rules of its constitutionltrust deed adopted 10 March 1997 and most recently amended 18th October 2022. Recruitment to the committee as a Trustee is by advertisement andlor invitation and is open to people of 18 years and over who are interested in furthering the work of the charity. The Committee has the power to approve membership. Officers are appointed annually at the Annual General Meeting. Aims_an_d obj.ectiv_es BYH aims to prevent honaelessness amonsst young people 16-25 years across Nottinghamshire and Derbyshire. The charity will also work to mitigate the worst outcomes for young people who do become homeless, by increasing and developing services to support young homeless people. The trustees must use the income, and may use the capital, of the charity in promoting these objects.
Public Benefit In Making decisions about the activities of the charityi the Trustees have had due regard to the Charity Commission's public benefit guidance when exercising any powers or duties to which the guidance is relevant. R_e_v_i_ew_of_th&.Y_e.ara_o24125 In 2024125, BYH undertook a range of activities to meet their objectives, including: Delivering housing advice and advocacy services to young people facing housing crisis. Running educational homeless prevention workshops in schools to raise awareness about homelessness and its Causes. Providing emergency essentials such as food, toiletries, and home starter kits to young people in crisis. Supportlng young people with employability and life skills training to help them secure long- term independence and achieve better outcomes. Collaborating with local housing providers, social services, and other charities to offer a holistlc support network. These activities are rooted in our commitment to upholding the values of respect, inclusivltyp and empowerment. Over the past year, BYH has continued to make a significant impact in the local community. Key achievements include; Support Delivered: We supported 3252 new young peoplei providing tailored advice, advocacy, and practical support to help them overcome housing difficulties and stabilise their Ilves. Over 1500 continued to access our services from previous years. Preventative Educatlon: 2024-25 our team delivered 42 workshops across 7 local Schools, reaching approximately 1,300 students. Feedback indicated a 95% increase in participants, understandlng of homelessness issues and prevention strategies. Crisis Intervention: We distributed over 259 emergency parcels to 106 clients, ensuring that young people in urgent need received essential items. These accomplishments were made possible thanks to the dedication of our staff, volunteers, and supporters, as well as the generosity of our donors and grant providers. F.inan.ce The ability to build up reserves in the previous year enabled BYH to navigate the financial year successfully and extend services to young people during a period of financial uncertainty. The trustees are pleased to announce that the bid for continued funding from the Big Lottery in 2025 was successful. A number of other organisations have also committed to funding BYH over the next few years. This will enable BYH to continue to deliver and expand its services. As always we are grateful to all our funders and donors for their generosity which has enabled our work to continue and grow.
BYH accounts are prepared in compliance with prevailing laws and regulations. Reserves Pollcy- The charity aims to build up and retain an amount representing between 6 and 9 months of its running costs to ensure continuity and the ability to meet commitments during periods of uncertainty in funding. P.l.a.DsI_o_r the_fu_tu_re In 2025126 our aim is to continue to build on the established and successful services that we offer. In addition to these we anticipate a broader reach, depending on the outcome of any Local Government Reorganisation outcomes. We currently have an arnazing network and want to rnaintain this and take opportunities to add more professional in the future. Offer additional mentorlng opportunities for current volunteers. We aim to involve our volunteers more, specifically in supporting new clients to navigate their own homeless journey. Focus on staff wellbelng and continue undertaking clinical supervision. Thanks to securing a further 4 years of Lottery funding 2025126 is going to be a big year for BYH, Our plans are a complete rebrand, including a name change, a marketing overhaul, improved social media presence and a transition from a charity to an CIO. Approved and agreed for publlcation by Management Committee- Chair- R Macrae Date:
BROXTOWE YOUTH HOMELESSNESS INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BROXTOWE YOUTH HOMELESSNESS I report to the Trustees on my examination of the financial statements of Broxtowe Youth Homelessness (the Charity) for the year ended 31 March 2025. Responsibllities and basls of report As the Trustees of the Charity you are responsible for the preparation of the financial statements in accordance with the requlremenls.of Ihe Charities Act 2011. I report in respect of my examination of Ihe Charity's financial statements carried out under sedion 145 of the Chartties Act 2011. In carying out my examination I have followed the Directions given by the Charity Commission under section 145(5}{b) of the Charities Acl 2011. Independent examlner's statement I have completed my examination. I confimi that no matlers have come to my attention in connectlon with the examination giving me cause to believe that in any malerial respect-. accounting records were nol kepl in respect of the Charity as required by section 130 of the Charilles Act 2011. the financial statements do not accord with tIse records.. or the financial statements do not Comply with the applicable requirements ¢onceming the form and content of finan¢i21 statements sel oul in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a true and fair view, which is nol a matter considered a5 part of an independent examination. I have no concern5 and have corne across no other matters in connection wilh the examinallon to which attenlion should be drawn in this report in order lo enable a proper underslanding of the financial statements to be reached. Shaun Bryan Carpenter FCCA Azels 2 Regan Way Chewnd Busines5 Park Chilwell NG9 6RZ 28 January 2026
BROXTOWE YOUTH HOMELESSNESS STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestrlcted Restrlcted funds funds 2025 2025 Total Unrestricted Restrlcted funds funds 2024 2024 Total 2025 Notes 2024 Incorne and endowments from: Donations and legacies Other income 10.314 7.849 136.615 146,929 7,849 11,150 8,608 168,759 179,909 8,608 Total income 18.163 136,615 154,778 19,758 168.759 188.517 Expendlture on: Charilable activities 9.897 163.349 173,246 6.547 173,608 180,155 Total expendlturo 9,897 163,349 173,246 6,547 173,608 180,155 Net Incomel(expenditurè) and movement In funds 8.268 (26,734) (18,468) 13,211 (4,849) 8,362 Reconcillation of funds: Fund balances at 1 April 2024 81.741 76,360 138,101 48,530 81,209 129,739 Fund balances at 31 March 2025 70,007 49.626 119,633 61.741 76,360 138,101 The statement of finanrial activities includes all gains and losses fecognised in the year. All income and expenditure derive from conlinuing activities.
BROXTOWE YOUTH HOMELESSNESS BALANCE SHEET AS AT31 MARCH 2025 2025 2024 Notes Current assets Debtors Cash 81 bank and in hand 10 4.772 165,156 4,886 183,624 Creditors: amounts falllng due wlthin one year 169.928 188.310 11 (50,295) (50.209) Net current assets 119.633 138,101 The funds of th8 Charlty Reslri¢led income fun(Js Unrestricted funds 13 14 49,626 70,007 76,360 61,741 119,633 138,101 The financi81 statements were approved by the Trustees on 28 January 2026 R Macrae Chalr
BROXTOWE YOUTH HOMELESSNESS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng policies 1.1 Ac¢ountlng convention The finan¢lal statements have been prepared in accordance with the Charity's governing document, the Charilles Act 2011. FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities.. Stalement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Iieland (FRS 102)" The Charity is a Public Benefit Entity as defined by FRS 102. The Charity has taken advantage ol the provisions in the SORP for charities not to prepare a statement of Gash flows. The financial statements have departed from the Charilies (Accounts and Reports} Regulations 2008 only to the exlenl required lo provide a true and fair view. This departure has involvejy following the Statement of Recommended Practice for charities applying FRS 102 Tather than the verslon of the Statement of Recommended Practice whi¢h is referred to in the Regulations but which has since been withdrawn. The financial statements are prepared in slerfing, which Is the functional currency of the Charity, Monetary amounts in these financlal slatements are rounded to the nearest £. The financial slalements have been prepared under the historical cost convention. The principal accounting poIIGies adopted are set out below. 1.2 Golng concern Al the time of approving the financial statements. the Trustees have a reasonable expectation that the Charity has adequate resourGes to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of a¢counling In preparing the financial statements. 1.3 Charltable funds Unrestricted funds are available for use al the discretion of the Trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out In the notes lo the financial statements. Endowment funds are subiecl to specific Conditions by donors that the capital must be maintained by the Charity. 1.4 Income Income is recognised when the Charity is legally entitled to it after any performanGe condltions have been mel. the amounts can be measured reliably. and it is probable that income will be received. Cash donations are recognised on receipl. Other donations are recognised once Ihe Charity has been notified of the denation, unless performance ¢ondilions require deferral of the amount. Income tax recoverable in relation to donations Feceived under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipl or otherwise if Ihe Charity has been notified of an impending distribution, the amount is known. and receipt is expected. If the amount is nol known. the lega¢y is treated as a contingent a55et.
BROXTOWE YOUTH HOMELESSNESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Contlnved) 1.5 Expenditure Expenditure Is recogni5ed On there is a legal or constructive obligation to transfer economic benefit lo a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amounl of the obllgation can be measured reliably. Expenditure is classified by activity. The costs of each activily are made up of the total of dlr&l Costs and shared costs, including support costs Involved in undertaking each activity. Direct costs allributable to a single activity are allocated directly to that activity. Shared costs which contribLJle to more than one aclivlly and support costs which are not attfibutable to a single activity are apportioned between Ihose activities on a basis conslstent with the use of resources. Central staff costs are allocated on the basis of lime spent, and depreclalion charges are allocated on the portion of the asset's use. 1.6 Cash and cash equlvalents Cash and cash equivalents include cash in hand. deposits held al call with banks, other short-term liquid investments with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown wilhin borrowngs in current liabilities. 1.7 Financlal Instruments The Charily has elected lo apply the provislons ol Section 11 '8asic Financial Instruments, and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of ils financial instruments. Financlal In8lrumenls are recogn15ed in the Charity's balance sheet when the Charity becomes party lo the contraclual provisions of the inslrumenl. Financial assets and liabilities are offset, with the nel amounts presented in the financial slalemenls, when there is a legally enforceable right lo set off the recognised amounts and there is an intention to settle on a nel basis or to realise the asset and settle the Ilability simultaneously. Basic flnancial assets Basic financial assets, whlch include debtors and cash and bank balances, are Inillally measured al transaction price including transaction costs and are subsequently carried al amortlsed cost using the effective interest method unless the arrangement conslitules a financing transaction, where Ihe transaction is measured at the present value of the future receipts discounted at a market rale of interest. Financlal assets classified as receivable wllhin one year are not amortised. Basic financlal liabillties Basic financial liabilities. Including credltors and bank loans are Initially recognised al transaction price unless the arrangement conslitules a financing transaction. where the debt inslrumenl is measured at the pEsent value of the future payments discounted at a market rate of interest. Financial Ilabililies classified as payable within one year are not amortised. Debt instruments are subsequently Carried al amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or ser¥l¢es that have been acquired in the ordinary course of operalions from suppliers. Amounts payable are classified as currenl liabilities if payment is due thIn one year or l&ss. If not, Ihey are presented as non-currenl liabilities. Trade creditors are recognised initially at transaction price and subsequently measured al amortised ¢osl using the effective interest method. Derecognition of financlal Ilabilities Financial liabilities ar8 derecognised when the Charivs contractual obligations expire or are discharged or cancelled.
BROXTOWE YOUTH HOMELESSNESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng policles (Contlnued) 1.8 Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Terniination benefits are recognised immediately as an expense when the Charity is demonstrably committed to terminate the employment of 8n employee or lo provlde termination benefits. Crltlcal accounllng estlmates and Judgements In the application of the Charity's accounting policies. the Trustees are required lo make judgements, eslimales and assumptions about the carrying amount of assels and liabilities that are not readily apparent from other sources. The estimates and associated assumpiions are based on historical experience and othèr factors that are considered lo be relevant. Actual results may differ from these estimates. The estimate5 and underlying assumptions are reviewed on an ongoing basis. Revlsions to accountlng estlmates are recognised in the period in which the estimate is revised where the revision affects (rY that period, or in the period ol the revision and future periods where the revision affects both current and future periods. Income from donatlons and legacles Unrestricted Restricted ftsnds funds 2025 2026 Total Unrestrlcted Restrlctsd funds funds 2024 2024 Total 2026 2024 GiftAid Donations and Grant income 172 172 404 404 10,142 136,615 146,757 10,746 168,759 179,505 10.314 136.615 146,929 11,150 168,759 179.909 Other Income Unrestrlcted Unrestrlcted funds funds 2025 2024 Bank interest 7,849 8,608
BROXTOWE YOUTH HOMELESSNESS NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expendlture on charltable actlvitles 2025 2024 Direct ¢osts Salaries, Nl & Pensi¢)n Payroll Services Travel Professional and Legal Costs Vouchers and Gifts for Peer Educators Staff Training Rent Training Resources Utllilies Insuran Telephone & Internel Computer Software & Support Printlng, Stationery & Postage Cleaning and Building Maintenance Parcel Goods Hospitallty Peer Education Accredilatlon Awareness Raising Publications & Subscriptions Independent Examination Sundry Expenses 131.524 944 1,632 1,216 335 753 12.600 19 2,585 2,476 2,468 5,299 926 35 2,118 331 1,252 249 1.773 690 4,021 138.537 936 2,933 101 638 12,000 122 2,153 2.340 1,727 8,608 1,008 55 2,039 825 1.883 79 1,318 660 2,191 173,246 180,14S Analysis by fund Unrestricted funds Restricted funds 9,897 163,349 6,547 173,608 173,246 180,155 Independent Examination Fees 2025 2024 Independent examination of the financial statements of the charity 1,320 660 Trustees None of the Trustees (or any persons connecled with them) received any remuneration or benefits frc¥n the Charity during the year. 10-
BROXTOWE YOUTH HOMELESSNESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Employees The average weekly equivalent number of full time employees during the year was= 2025 Number 2024 Number Employment costs 2025 2024 Wages and salaries 131,524 138,537 There were no employees whose annual remuneratron was more than £60,000. Taxatlon The charily Is exempt from taxation on ils actlvilies because all ils income is applied for charitable purposes. 10 Debtors Amounts falllng due wlthin one year: Prepayments and accrued Income 2025 2024 4.772 4,688 11 Creditors: amounts falling due withln one year 2025 2024 Notes Deferred income Accruals 12 49.565 730 47,076 3,133 50,295 50,209 12 Deferred Income 2025 2024 Olher deferred income 49,565 47,076 Deferred income is included in the financial statements as follows- 2025 2024 Deferred income is Included within- Current liabilitie5 49,565 47,076 11
BROXTOWE YOUTH HOMELESSNESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 12 Deferred Income (Continued) Movements in the year.. Deferred income at 1 April 2024 Released.from previous periods Resources deferred in the year 47.076 (16,6311 19.120 48,469 (41,467} 40,074 Delerred Income at 31 March 2025 49,565 47,076 13 Restricted funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trusl subject to specific conditions by donors as lo how they may be used. At 1 Aprll 2024 Incomlng resources Resources At 31 March expended 2025 76.360 136,615 {163,349) 49,628 Prevlous year: At 1 Aprfl 2023 Incomlng resources Resources At 31 March expended 2024 81.209 168.759 (173,608) 76,360 14 Unrestrlcted funds The unrestricted funds of the charity comprise the unexpendèd balances of donalions and grants which are not subject lo specific conditions by donors and grantors as to how they may be used. These include deslgnated funds which have been set aside out of unreslricled funds by the trustees for specific purposes. At 1 Aprfl 2024 Incoming Resources At 31 March resources expended 2025 General funds 61.741 18,163 (9,897) 70,007 Prevlous year: At 1 April 2023 Incoming resources Resources At 31 March expended 2024 General funds 48,530 19,758 (6.547} 61,741 12-
BROXTOWE YOUTH HOMELESSNESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 1S Analysis of net assets between funds Unrestrlcted funds 2025 Restricted funds 2025 Total 2025 At 31 March 2025: Current assetsl{liabilitiesl 70.007 49,626 119,633 70.007 49.628 119,633 Unrestrlcted funds 2024 Restricted funds 2024 Total 2024 At 31 March 2024: Current assetsl(liabilitles) 61,741 76,360 138,101 61,741 76,360 138,101 16 Related party transactlons There were no di5closable related party Iransactions during the year (2024- none). 13-