Herts Young Homeless
HERTS YOUNG HOMELESS GROUP (hyh)
(A Company Llmlted by Guarantee)
Report and Flnanclal Statements
Year ended 31 March 2025
Registered Charity No. 1069498
Company No. 3525558

Herts Young Homeless Group
Year ended 31 March 2025
Releronco and admlnistratlve detalls
Trustee Board and Board Officorn
Chalmian:
Petsr Holland
Vlco Chalrnian:
Carol ShuU(ever
Troa8urer:
Tim Willies
Trust•e8 and dlroctors:
Mathew Baxter
Ross Watklns
Jake White
Paul Groves
David Ball
Ruth Barne8
Sarah Mllsom
Company Secrotary:
Jonny Whitehead
Regl•torgd Offi￿.
1 st Floor, Gracem8ad House, Woods Avenue, Haffield, Herts, AL10 8HX
Sonlor Managom•nt Team for 2024125
Chl•f Exocutlvo
Jonny Whltehead
H•ad of Sorvlc•s
Mlka Saha
Head of Fundral8lng and Communlcatlon8 Carollne Nell and Tamora Burford
Operatlons Manag•r
Vacant
Flnanco Managor
Paul Boty
Audftors, Bankers, and Logal Advlsors
Audltor (Ext•rnal):
Moore Klngston Smith LLP, 4 Victoria Square, St Albans, Herts, AL13TF
Bank•r•:
Natwest Plc, 10 St Peterfs Street, St Albans, Herts. AL13LY
Addltlonal r•latlonshlps us•d durlng the year for banklng and flxed temi Investment puTro$fjs:
Virgin Money, Jubilee House, Gosforth. Newcastle upon Tyne, NE3 4PL
Close Brothers Ltd, 10 Crown Place, London. EC2A 4FT
Shawbrook Bank, Lutea House. The Drive, Great Warl6y, Brentrwood. Essex, CM13 3BE
Nationwide Building Society, PO Box 3, 5-11 St. Georges Street, Douglas, Isle of Man, IM99 1AS Brltlsh Isles
Cambridge & Counties Bank Limited. Chamvmd Court, 5B New Walk. Le1￿$ter. LE16TE
Redwood Bank Ltd. Suite 101 The Nexus Bulldlng. Broadway. Letchworth Garden City, England, SG6 3TA

Herts Young Homeless Group
Year ended 31 March 2025
Contents
Page
Report of the Truste8S
Trusleès, Responsibililies Stat&ment
12
Independent Audilorfs Report
13
Slatement of Financial Activities
17
Balance Sheet
18
Statamenl of Cash Flows
19
Notes to the Financial Statements
20

Report of the Trustees
CEO Report
We worked with over 16,000 young people during the year and made a real difference to the
lives of so many of them. Youth homelessness grew by 18./0 in Hertfordshire last year so we
know we need to rise to that challenge and I'm really proud of the whole team for having
done so.
Our education team were awarded the national PSHE Education Award by Children and
Young People Now in November. This was a testament to the whole team but particularly to
the vision of our Early Intervention Manager, Laura Stewart, who has led the programme
ever since she set it up 17 years ago. Meanwhile, our education team had a bumper year,
teaching 15.428 young people about homelessness, independent living, Gonflict rasolutlon,
healthy relationships and anger management.
We saw a steady growth in the number of young people r8celving advlce and support across
our services. We know ifs not just about quantity though. Which is why it's so heartening to
see such strong outcomes: the quality of our services is something we can be proud of. For
example, 93¥0 of young people accessing our under-16s mediation serrfice either returned
to, or remained in, the family home.
We are now entering the final year of our current strategy and I'm dellghted that our newly-
appointed Youth Advisory Board will help us decide what we do over the next few years.
They have really brought to life our ambition to be more youth-led.
We couldn't do what we do without the backing of a huge number of supporters; people who
donate their time andlor their money. We have a growing number of volunteers helping us in
the office and out in the community. l am hugely grateful to them for their support. l also want
to thank everyone who has been so generous with their financial support for hyh. We rely on
hundreds of individual donors, local businesses, a myriad of communlty groups and a
number of grant-giving trusts and foundations. All of them play 8 central role in what we do.
Many of our supporters came together for our StAlbans Sleepout In November which is our
iconic annual event. This year w& raised over £40,000 to support our work.
As we look to the future, we recognise that hyh and all of our partners, not least
Hertfordshire County Council, with whom we work so closely, will be facing much change.
We are confidenl that we are in a good position to deliver excellent services to young people
and families who need support and we are committed to working in partnership with
existing and new partners to help prevent youth homelessness in Hertfordshire.
I would like to thank every single member of staff, all of our volunteers and our fantastlc
Board of Trustees. Our excellent team enable the charity to deliver the very highest standard
of support to young people and families who urgently need us.
Jonny Whltehead,
Chief Executive Officer
Page I

Chairman's Report
We have had a good year and the charity is going from strength to strength. We are
in a healthy financial position and I'm hugely grateful to all our funders,
commissioners, donors and partners without whom we would not be here, Their
generosity and their commitment to funding quality services is something I find
humbling.
It was very moving to hear two of the young people we work with speak so
eloquently at our gala dinner. They spoke about the challenges they'd faced, the
role hyh had played in improving their lives, their current successes and future
ambitions. Genuinely, the whole room was moved by their stories and it reminded us
all of the difference that hyh mak8S throughout the year.
l am really pleased to see that the Board's decision in 2023 to invest in our staff paid
off in 2024125 with a much higher retention rate, particularly amongst our skilled
frontline teams. l am always impressed with how much the whole team lives and
breathes our values: open, expert and big-hearted. The team is what makes hyh so
effective so thank you to all our staff and volunteers.
Finally, I would like to thank my fellow Trustees. I was delighted that four Trustees
were appointed for another term during the year. We have changes to come in
2025126 but the skills, knowledge, experience and good humour of my fellow
trustees really does stand us in good stead.
Peter Holland
Chairman and Trustee
Page 2

Vision, mission & values
Our vision
Every young person has a safe home from which they can grow and thrive.
Our mission
To break the cycle of youth homelessness in Hertfordshire through education,
advice and support for young people and their families.
Our values
Open
We are purposefully inclusive; we pledge to reach out to young people in our
local communities, their families, and service partners to design solutions
together.
Expert
We run services based on the evidence of what works; we pledge to innovate,
to create new ways to tackle youth homelessness and share what we leam.
Big-hearted
We are all passionate about tuming around young people's lives; we pledge
to put good outcomes for young people at the centre of all we do.
Page 3

Our strategy
Our Strategic Priorities
By 2026, Herts Young Homeless will support more young people and their families
across Hertfordshire to reduce family conflict and prevent homelessness, achieving
more positive outcomes.
To achieve our ambition to connect with 40,000 young people by 2026 we will Be
more...
1. Youth-led
In order to stay relevant, accessible and attractive, we will listen to young
people's experiences and involve them in continuing to develop and improve all
of our services.
2. Innovative
We will constantly evolve and proactively adapt the way we work.
3. Digital
We will invest in technology and digital solutions to improve everything we do.
4. Inclusive
Our people will feel included and valued. We will embed Equality, Diversity and
Inclusion (EDI) across all areas of our organization.
Overview of uur work
Preventionliarly Ini¢rventio
Ind¢péndent Living SuF)port
rryh
Famty LknkWth•i
5emc•
18+ Llne
F•Taty
Fthut•Rwis
Counselling
and
Youth Engagement
Prevention
Crisis Intervention
EdLtstlon Som(•
hyhtr
nyhtsJ
Lir* Vlthfjr
Page 4

2024125 Highlights
1. Our Youth Advisory Board was established with 11
young people aged 16-24.
2. Our education service won Children and Young
People Now national PHSE Education Award.
3. We were finalists in the Inspiring Herts awards for
workplace wellbeing.
4. We were delighted to receive support from new
funders including Lady Margaret Paterson Osborn
Trust and The Cherry Family Foundation.
5. Our team achieved consistently high outcomes for
the young people they worked with. on average
Page 5

Progress on our strategic priorities
We made good progress with all four of our strategic objectives
1. Be more youth-led
Our youth engagement work took off. By the end of the year we had:
Established a Youth Advisory Board with eleven talented young people aged
16-24 bringing a diverse range of experiences
Recruited two enthusiastic young trustees (under 30) to our Board
Benefitted from the insights of work experience students
Improved our digital communications thanks to input from our first Youth
Summit
2. Be more innovative
Across our teams, we constantly look for ways to improve what we do and how
we do it. Innovations included:
Refining our Future Roots house with more structured support for the
housemates via ASDAN qualifications and improvements to our rent
management, staffing and referral criteria
Seeking a second Future Roots house and scoping plans with potential
partners
Reaching out to the most disadvantaged young people by targeting schools
with high levels of pupil premium students
3. Be more digital
We finalised and implemented a digital roadmap that we began in 2024:
We made improvements to our internal systems, including our HR platform,
and to our extemal digital engagement, most notably the launch of our Live
Chat service for 18-24 year olds
Led by our Digital Developments Group we turned our attention to Al and
how to make best use of it. We tested, and upskilled ourselves on a range
of Al tools, including those designed to improve productivity and
communications
Page 6

Progress on our strategic
priorities continued
4. Be more inclusive
We invested significantly in training and supporting our hyh team in equity,
diversity and inclusion (EDI). As a result we:
Conducted a baseline survey all of our staff on EDI and used the results to
develop an Action Plan for improvements
Introduced quarterly surveys with our team to track progress and identify
further areas for improvement
Trained all staff in the basics of inclusion, ran b8spok8 inclusion training for
all people managers and commissioned bespoke sessions on race,
ethnicity and homelessness. Th8 training was delivered by young people
with lived experience
• Strengthened the knowledge and engagement at Board level, with two
Trustees now taking a lead role on EDI
Meanwhile, we recognise that many of the young people we work with face
discrimination and inequity in their lives. Our Inclusion Group identified this
as a focus area and we began that work with a whole team workshop at the
end of the year
Page 7

Financial Review
For 202412025 hyh recorded a deficit of £19,158 (2024 deficit £18,922) against a budgeted
loss of £110,829. The improvement compared to budget was driven by increased fundraising
activities and highar accommodation income.
Accommodation costs associated with the Future Roots house were up on last year and
budget, but were matched by the increase in accommodation income received. The staff
recruitment and ret8ntion policy started in December 2023 has borne fruit with a much more
stable workforce this year. The full time equivalent staff numb8r for 2024125 is 42 compared
to 2023124 of 36. The consequence of this is increased staff cost, but this has enabled us to
deliver improved services to our end users.
Our Reserves Policy is to maintain free reserves between three to six months, total cost of
charitable activities. plus closure costs which include staff redundancies in line with standard
practice in the charity sector. This is recalculated every year. This year we closed within our
policy at just under 6 months of free reserves. We closed with free reserves of £496,558,
designated funds of £153,609 (which includes a service continuity reserve of £100,000) and
restricted funds of £103,462 which includes £83,281 on the Future Roots Project,
We have continued with the 2022-26 strategic plan, and in 2025-26 we will develop the new
strategic plan for 2026-2030.
Investment Powers & Pollcy
Funds are held in FCA registered UK banks covered by govemment guarantees. The charity
continues to adopt a conservative investment policy that seeks to balance capital preservation
and achieving an appropriate return.
Rlsk Management
The Trustees follow a risk management strategy which comprises:
Consideration of any heightened or new risks to the organisation at each Board
meeting
Determining and reviewing the risk appetite of the organisation
The establishment of polices, systems and procedures to mitigate those risks
identified
The implementation of procedures designed to minimise or manage any potential
impact on the charity should those risks materialise
The maintenance of a risk register and an annual Board review of the principal risks
and uncertainties that the charity faces
Appointment of a Lead Trustee on risk.
We continue to use our risk regist8r, which provides greater clarity about the risks and the
mitigating controls and. where further action is required, the deadlines and responsibilities.
Those actions are reviewed by the Senior Leadership Team {SLT), and Board sub
committees.
Page 8

We currently identfy the following risk areas as being most significant to our charity:
rlsk arnas
Mftl atlons In
laco
Staff
Updated recruitment processes in place covering
Unable to attract, and recruit staff with
all stages.
the right skills, experience and
Annual salary review process to ensure
attrlbutes.
competitive salaries.
Failure to retain staff given the
Package of support available for staff including
increasing levels of trauma amongst
Employee Assistance Programme, clinical
the young people we work with.
supervision and time off for counselling if
Office environment restricts our ability
appropriatelrelevant.
to deliver our strategy.
Additional office space leased.
Designated fund in place for office
rovements.
Serious Incident Trustee Reporting and Major
Incident Response policies in place and
revlewed regularly.
Regular reporting on major and Serious
Incidents to the Board.
Policies and procedures in place for reducing the
risk of, and for the handling of, Serious Incidents
across H&S, data protection, safeguarding,
employment and other areas.
Strong sklll set amongst Trustees for advising on
scenarlos and Incldents.
Business Continuity Plan in place and regularly
r8viewed.
IT arKI securlty access poll¢y in placa.
Cyber Essentlals certlficate compllance
malntalned and liability Insurance pollcy Sn place.
Regular communlcatlons wlth staff about cyber
88curlty rlsks and mltlgatlons.
Web and vulnerablli
assessments undertaken.
Monthly reports provided to Treasurer and Chief
Executive and quarterly reports to Flnance
Committee and Board.
Monthly revlew of reserve posltlon by
TreasurerlFinance Manager and quarterly by
Finance Committee.
Ongolng monitoring of local govemment flnancial
situation across councils.
Budget settlng process Includes sultsbly
conseprfative income assumptions about local
authori
fundin
IT managed services provider in place with
strong SLAS and 2417 system monitoring.
GDPR policy in place and training provided.
Employee induction includes ITI security access
and GDPR training.
Insurance cover in place.
IT equlpment replaced l upgraded on a rolling
basis.
Digital Developments Group meets bi-monthly
with Lead Trustee en
ement.
Serlous Incld•nts
Failure to manag8, 8scalate or report
Serlous Incidents {including
safeguarding) leads to reput8tlonal
damage. regulatory Invastlgation
andlor loss of confidence amongst
external stakeholders and donors.
C ber Fraud
Cyber fraud resultSng In loss of servlce,
financial loss or reputational damage.
Flnanclal
Prolonged failure to achieve a break
even budget or generat8 positive cash
flow.
Chang8 in local or national
Govemment pollcy andlor level of
funding.
Informatlon Technolo
Inadequate Infomiation Technology
systerns or Inadequate skilled staff
r8source, failing to meet day to day
operational needs.
Non complianc8 with GDPR.
Page 9

Structure
Herts Young Homeless is a registered charity and a company limited by guarantee, with its
constitution set out in its Articles of Association.
Senior Leadership Team
A Chief Executive is appointed by the Trustees to manage the day-to-day operations of the
charity. The Trustees oversee the pay, pension and benefits of the Chief Executive and Senior
Leadership Team. Their remuneration is reviewed annually. All salaries are benchmarked
against similar size charities.
The Board
The Board of Trustees comprises up to 12 members who are responsible for ensuring the
charity is being well managed and operating within agreed policies, the law and its budget.
The Board meets 5 times a year and delegates authority to sub-committees which meet more
frequently to focus on the matters within their remit.
Board of Trustees
Senior
LeadershipTeam
Our teams
Our services
Chief Execullve
OfflcoT
Advice &
Information
Governance
Commlllee
Seryicgs
M8dSallon
Head of Servlco5
Outreach
Finan¢¢
Commlttee
Head of
Fundralslng &
Communicallons
(Job ShaTr)
HR. IT. Finance
Education
Hèad ol
Fundraislng &
Communications
(Job Shorn)
Counselling
Fundralslng
Worknng Group
Fundraising &
Comrnunications
Youth Engagement
Finance Manager
Trustees
Trustees are appointed by the Board for an initial 3 year term. which can then be extended by
the Board for further 3 year periods.
Following a skills analysis of the Board, if gaps are identified, we seek appropriately skilled
Trustees following our documented Trustee recruitment process. All new Trustees undergo
an extensive induction program to ensure they understand their legal obligations, the Charity
Commission guidance on public benefit and governance, the content of the company's Articles
of Association, our committees and decision-making processes, our strategy and services and
our recent financial performance.
Trustees are encouraged to attend appropriate internal and external training where these will
facilitate the undertaking of their role.
Page 10

Related party relationships
None of our Trustees receive remuneration or other benefit for their work wtth the charity.
Trustees are required to disclose all relevant interests and withdraw from decisions where a
confllct In interest arises. Any transactions where trustees had a relationship with a related
third party are disclosed in the notes to the accounts.
Publlc benefit statement
The Trustees confimi that they have complied with the duty in the Charities Act 2011 to have
du8 regard to the Charity Commission's general guidance on public benefil. hyh's objective is
entirely focused on public benefit through the provision of support Services, with the aim to
reduce homelessness and make a lasting improvement to the quality of life for our service
users.
Page 11

Trustees, responsibilities in relation to the financial statements
The Trustee Board is responsible for preparing the annual report and financial statements in
accordance with applicable law and United Kingdom Accounting Standards.
Company law requires the charity Trustees to prepare financial statements for each year which
give a true and fair view of the state of affairs of the charity and of the incoming resources and
application of resources, including the income and expenditure of the charity for that period.
In preparing the financial ststements, 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 departures disclosed and explained in the financial statements.,
Prepare the financial statements on the going concern basis unless it is inappropriate
to presume that the charity will continue in business.
The Trustees are responsible for keeping proper accounting records that disclose with
reasonable accuracy at any time the financial position of the charity and to enable them to
ensure that the financial statements comply with the Companies Act 2006. They are also
responsible for safeguarding the assets of the charity and hence taking reasonable steps for
the prevention and detection of fraud and other irregularit18S.
The Trustees are responsible for the maintenance and integrity of the corporate and financial
information included on the Charitable Company's website. Legislation in the United Kingdom
governing the preparation and dissemination of financial statements may differ from legislation
in other jurisdictions.
Statement as to disclosure to our audltor
In so far as the Trustees are aware at the time of approving our Trustees, annual report..
There is no relevant audit information, being information needed by the auditor in
connection with preparing the report, of which the charity's auditor is unaware; and
The Trustees have taken all steps that they ought to have taken as Trustees in order
to make themselves aware of any relevant audit information and to establish that the
auditor is aware of that information.
Auditor
Moore Kingston Smith were appointed as auditor in the year.
The report of the Trustee Board was approved by the Trustees on 1 st October 2025 and
signed on their behalf by:
Peter Holland
Chairman and Trustee
Page 12

Herts Young Homeless Group
Year ended 31 March 2025
Independent auditorfs report to the members of Horts Young Homeless Group
Oplnion
We have audit8d the financial statements of Herts Young Homeless ('the company,) for the year ended 31 March
2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Ststemènt of Cash Flows and
not8s to the financial statements, Includlng slgnlfl¢ant apxountlng polld88. The flnancial r8porting framework that
has been applied In thelr preparatlon Is applicable law and Unitsd Kingdom Accounting Stsndards. including FRS
102 'The Financlal Reporting Standard Applicable in the UK and Republic of Ireland. (United Kingdom Generally
Acceptsd A¢¢ounting Practice).
In our opinion the financi81 statements:
' glv8 a tru8 and falr vl8w of the state of the charltabla company's affalrs as at 31 March 2025 and of Its Incomlng
resourc88 and appllcatlon of resources, Includlng Its Income and exp8ndltura, for th8 year then ended;
have been properly prepared In accordance wlth Unlt8d Klngdom Generally Accepted Accountlng Practlce,. and
. have been prepared In ac¢ordance wlth the requlrements of the Companies Act 2006.
Ba818 for oplnlon
We conducted our audlt In accordance wlth Intematlonal Standards on Audlting (UK) (ISAslUK)l and appllcable
law. Our responslbillties under those standards are further descrlbed In the Audltorfs Responslblllll88 for the audlt
of th8 financial statements sectlon of our feport. We are Indep8ndent of the charltable company In accordance
wlth the ethical requlrements that are r818vant to our audlt of th8 flnancial statements In the UK, Includlng the
FRC'S Ethl¢al Standard, and we have fulfilled our other ethlcal responsibllltles in accordance wlth these
requlrements. W8 belleve that the audlt evldence we have obtalned Is 8ufflclent and approprfate to provSde a
basls for our opinion.
Con¢lu•lon• rolatlng to golng conc•rn
In audltlng the financlal 8tatem8nts, we have concluded that the trustee8' use of the golng concem b881s of
accounting In the preparatlon of the flnanclal 8tatsment818 8pproprfate.
Based on th8 work we have performod. we have not Idantllled any materlal uncertalntles relatlng to events or
condltlons that. Indivldually or collectively, may cast slgnlflcant doubt on th8 charltable ¢ompanls ablllty lo
conllnue as a going concem for a p8rfod of al least ￿e7ve months from when the flnanclal statements are
authorlsed for l$sue.
Our responslblllties and the responsibilities of the trustees with respect to going concern are described in the
relevant sections of this report.
Other Inlorniatlon
The other Inf0M￿tIon comprlses the infomiatlon Included In the annual r8port. other than the financlal statements
and our auditor's ￿pOrt thereon. The tnJst88s are responsible for the other infonnation. Our opinion on Ihe
financial stateménts does not cover the other information and, except to the extent otheThvi5e explicitly stated In
our r8POrt, we do not express any form of assurance conclusion thereon.
Our responslbility is to read the other infomiation and, in doing so, conslder vthether the other Infomatlon Is
materially inconsistent with the financlal statements or our knowledge obtained in the audit or otherwise appears
to be materially misststed. If we identlfy such material Inconslstencies or apparent material misstatements, we are
required to determin8 whether there is a material misstatement in the financial statements or a material
misstatement of the other information. If, based on the work we have performed, we Conclude that there is a
matèrial misstatement of thi8 Other infomation, we are raquired to report that fact.
We have nothlng to report in this regard.
Page 13

Herts Young Homeless Group
Year ended 31 March 2025
Independent audltorfs report to the members of Herts Young Homeless Group
Opinlons on other matters prescrlbed by the Companles Act 2006
In our opinion, based on the work undertaken in the cours8 of the audit..
Ihe information given in the trustees, annual report for the financial year for which the financial statements are
prepared is consistent with the financial slatements., and
the trustees. annual report have been prepared in accordancè with applicable legal requirements.
Mattors on whlch we aro roqulred to roport by 8xcoPtlon
In the light of the knowledge and understanding of the company and its environment obtained in the course of
the audit, we have not identified material misstatements in the trustees, annual report.
W8 have nothing to report in respect of the following matters wh8r8 tha Companiès Act 2006 requires us to
report to you if. in our opinion..
adequate accounting records have not been kept, or retums adequate for our audil have not been received
from branches not Vl8lt8d by us,. or
the flnanclal stat8ments are not In agreement with the accounting records and returns., or
certain disclosures of trustees, remuneralion specified by law are not made., or
we have not received all the information and explanations we r8quir8 for our audit., or
the trustees were not entitled to prepare the financial slalements in accordance with th8 small companl8S
regime and take advantage of the small companies exemplion in preparing the Trusl88s' Annual R8POrt and
from preparing a strategic report.
R•spon8lbllltlos of trust￿$
As 8xplaln8d more fully In th8 trustees, responslbllltles stalement set out on page 11, the trustees (who are also
the directors of the charitabl8 company for th8 purposes of company law} are responsible for the preparation of
th8 financlal slat&m8nts and for b8ing satlsfSed that they glve a twe and fair view, and for such internal control
as the trusl88s de18mine is necessary to enable the preparation of financial statements that are free from
material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitable company's
ability to continu& as a going concern. disclosing, as applicable, matters related to going concem and using the
going concem basis of accounting unless the trustees elther intend to liquidate the charitable company or to
cease operations, or have no realistic alternatlv8 bul to do so.
Audltor's re8ponslbllltl88 for the audlt of the flnanclal $tatement•
Our obj8CtIV8s are to obtain reasonable assurance about wh8thèr the financial statemènls as a whole are free
from material misstatem8nl, whether due to fraud or error. and to issue an auditor's report that includes our
opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in
accordance with ISAS (UK) will always detect a material misslatemenl when It exists. Misstatements can arise
from fraud or error and are considered material if, individually or in aggregate, they could reasonably b8
expected to influence the economic decisions of users laken on the basis of these financial statements.
As part of an audit in accordance with ISAS (UK) we exercise professional judgement and maintain professional
scepticism throughout th8 audit. We also=
Identify and assess the risks of material misstatement of the financial slalements, whether due to fraud or
error, design and perform audit procedures responsive to those risks, and obtain audit 8vidence that is
sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a mal8rial misstatement
resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery,
intentional omissions, misrepresentations, or the override of inlemal control.
Page 14

Herts Young Homeless Group
Year ended 31 March 2025
Independent audltorfs raport to the members of Herts Young Homeless Group
Obtain an und8rstandlng of intemal control relevant to the audit in order to d8slgn audlt procedures that are
approprlata In the circumstances, but not for the purposès of 8xpr8sslng an oplnlon on the effectiveness of
th8 charltabl8 company's internal control.
Evaluate th8 appropriateness of accounting polici8s used and the reasonableness of accounting e5timate8
and related disclosures made by the truste8S.
Conclude on the appropriateness of the trustees, use of the golng concem basls of accounting and. based
on the audit 8vld8nce obtained, whethar a materlal uncertalnty exlsts r8lat8d to events or conditions that
may cast slgnlflcant doubt on the chaTitsble company's ablllty to contlnue as a going concem. If v
Concludè that a materfal uncertainty exists, we a￿ requlred to draw attentlon in our auditor's report to the
related dlsclosures in the financlal ststements or. If such dlsclosures are Inadequate. to modify our opinlon.
Our concluslons are based on the audlt evldence obtalned up to th8 date of our audltorfs r8POrt. However.
future events or conditions may cause the charltsble company to Cease to contlnue as a going concem.
Evaluate the overall presentatlon, structure and content of the flnanclal stat8m8nts, Including the
disclosures. and whether the financial statements represent the underlylng transactlons and events In a
manner that achleve8 falr presentstlon.
We communlcate wlth those charged wlth govemance regardlng, among other matters, the planned scope and
tlmlng of th8 audit and signlflcant audlt flndlngs, Includlng any signlficant deficiencles In Intemal control that
Identlfy durlng our audit.
Explanatlon a• to what •xt•nt th• audlt wa• con8ld•r•d capablo of d•t•ctlng Irr•gularltl••. In¢ludlng
fr•ud
Irregularities. Includlng fraud, are Instances of non-compliance wlth laws and regulatlons, We deslgn
procedures In Ilne wlth our responslbllitles, outlined above, to detect material mis$tat8ments In respect of
Irregularlties, includlng fraud. The extent to which our procedures are capable of detectlng Irregularltl8S,
Including fraud Is detalled below.
The objectives of our audit In respect of fraud, are: to identlfy and 88sess the rfsk8 of materfal misstatement of
the financial statements due to fraud: to obtain sufficient appropriate audit evidence regarding the assessed
rlsks of material misstatement due to fraud, through designing and implementing appropriate responses to
those assessed risks,. and to respond approprialely to inslances of fraud or suspected fraud identified durfng
the audit. However, the prtmary responsibility for the prevention and detection of fraud rests wlth both
management and those charged wlth governance of the charftable Mmpany,
Our approach was as follows:
We obtalned an understandlng of the legal and regulatory requirements appllcabl8 to the charftable
company and considered that the most significant are the Companles Act 2006, the Charities Act 2011, the
Charity SORP, arKI UK financial reporting standards as Issued by the Financial Reporting Council.
We obtained an und8rstsnding of how the charitsble company complies with thes8 requirements by
dlscusslons wlth management and those charged wlth govemance.
We assessed th8 rlsk of malerlal misstatement of the financial statements. Including the rfsk of mat8rial
misstatement due to fraud and how it might occur. by holdlng dlscusslons vlth manag8m8nt and those
charged with govemance.
We inquired of management and those charged wlth govemance as to any known instances of non-
¢omplianc8 or suspected non-compliance with lav￿ and regulations.
Page 15

Herts Young Homeless Group
Year ended 31 March 2025
Independent auditorfs report to the members of Herts Young Homeless Group
Based on this understanding, we designed specific appropriate audit procedu￿$ to identify instanGes of non-
compliance with laws and regulations. This included making enquiries of management and those charged with
governance and obtaining additional corroboratlV8 8vid8nce as required.
There are inherent limitations in the audit procedures described above. We are less lik81y lo become aware of
instances of non-compliance with laws and regulations that 8re not closely related to events and transactsong
reflected in the financial statements. Also, the risk of not delecling a material misstatement due to fraud is higher
than th8 risk of not delecllng one resulting from error, as fraud rnay involve deliberate concealment by, for
example, forgery or intentional misr8pr8senlations. or through collusion.
Use of our report
Thls report Is made solely to the ch3￿18b1e companvs members, as a body, In accordance wllh Chapter 3 of Part
16 ofthe Companies Act 2006. Our auditwork has been undertaken so that we might stale lo the company's
membèrs those matters we are required lo slate to them in an auditor's report and for no other purpose. To th8
fvllesl extent permitted by law, we do not accepl or assume responsibility to any party other than the charitable
company and charitsble company's members as a body, for our audit work, for this report, or for the opinions we
h8ve formed.
Roger Ogden (Senlor Statutory Audltor
for and on behalf of Moore Kingslon Smith LLP
4 Victoria Square
Sl Albans
AL13TF
Date
09.10.2025
Page 16

*a>
C•4 ff) Q) * aj
a) a) (
¢VJ * t7)
U T> q)
8uoÈo

Herts Young Homeless Group
Balance Sheet at 31 March 2025
Registered Charity No. 1069498
Company No. 3525558
31 March 2025
31 March 2024
Notes
Flxed assets:
Tangible assets
50,695
50,695
52,778
52,778
Curront assots:
Debtors
Short term investments
Cash and cash equivalents
Total current assets
225,608
532,536
178,957
937,101
237.558
516,246
196,085
949.889
Llabilitios:
Creditors: Amounts falling
due within one year
10
234.167
229,880
Not current assots
702,934
720,009
Net assets
753,629
772,787
The funds of tho Charlty:
Unrestricted funds - general
Restricted funds
650,167
103,462
666,888
105,899
11
Total Charlty funds
753,629
772,787
These financial statements have been prepared with the special provision of part 15 of the Companies Act
2006 relating to small entities,
The acc
on.....
nts were a
ved and authorised for issue by the Board of Trustees
s.and signed on their behalf by:
Peter Holland
Chairman and Trus
ee
Tim Wlllles
Treasurer and Trustee
The notes of pages 20 to 28 fomi part of these finanGial ststements.
Page 18

Herts Young Homeless Group
Statement of Cash Flows for the year ended 31 March 2025
2025
2024
Cash flows from op•ratlng actlvltlos:
Net {deficitlnncome for the year as per the
Statement of Financial Activities
(19,158)
(18,922)
Adjustments for:
Amortisation
Depreciation
Profit on disposal of tangible flxed assets
Profit on disposal of intangible fixed assets
Interest from investments
(Increase) In short term Investments
Decrease In debtors
Increase l(Decrease) in creditors
767
16.336
252
4.988
(18,568)
(100,210)
41,474
6,837
26.145
{20,374)
(16,290)
11,950
4,287
Not cash used In opratlng actlvltlog
(13,440)
(80,720)
Cuh flows (usod In)Igenerat•d from Inv••tlng •¢tlvltl•8:
Purchase of tangible fixed assets
Interest from Investments
(24,062)
20,374
(54,437)
18,568
N•t cash (u•ed In) Inve•tlng actlvltl•8
3,688
35,869
Change in cash and cash equlvalents in the year
(17,128)
(116,589)
Cash and cash equlvalents at the beglnnlng of the year
196,085
312,674
Cash and cash Oqulvalents at the end of the year
178,957
196,085
Page 19

Herts Young Homeless Group
Notes to the flnanclal statements for the year ended 31 March 2025
1. Accountlng policies
1.1 Genoral Information
hyh is a Company limited by guarantee, incorporated in England and Wales. The address of its Tegistered office
and principal place of business is disclosed in the Company information.
The principal aclivities are to provide a free county-wide service dealing with the problems of housing and
homelessness by supplying specialist services for vulnerable, youn9 people in Hertfordshire as well as seTviGes
for adults who have mental health and housing issues.
The financial statements are presented in Sterling and this is the functional currency of the Charity.
1.2 Basls of proparatlon
The financial statements have been prepared on a historical cost convention and in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The company is a public
benefit entity for the purposes of FRS 102 and a registered charity established as a company limited by
guarantee and therefore has also prepared its financial stalemants in a¢cordanc8 Wlth the Charities SORP FRS
102 (second edition - October 2019) - AGwunting and Reporting by Charities: Statement of Recomm8nd8d
Practice applicabl8 to charities preparing th8ir accounts in accordance with th8 Financial Reporting Standard
applicable in the UK and Rèpublic of Ir81and and the Compani8s Act 2006 and Charit18s Act 2011.
1.3 Golng Concern
The financial statements are prepared on a going ¢on¢em basis. Th8 Trust88s hav8 assessed wh8ther th8 us8
of th8 golng concern basis is appropriate and hav8 consid8r8d possible events or conditions that might cast
signlficant doubt on the ability of the charity lo continue as a going concern. Th8 Trusl88s hav8 made this
assessment for a period of at least one year from the date of approval of the financial slalements. In particular
lh8 Trust8es hav8 considered the charity's forecasts and projections and have taken account of pressures on
fundraising events and other funding.
1.4 Income
Grants, Project Funding, and large Single Donations have been treated as income in the year they have been
8arn8d or deferred to the accounting period in the year the service will be provided unless agreed by the donors.
The Trustees consider phasing income adjustments to future periods In light of requests to or by funders where
thls is needed to phase contracted income in order to maintain service levels.
1.5 Expendlture
All expenditure and admlnislratlon costs comprlse direct 8XP8ndlture, Includlng direct staff costs attrlbutable to
the activity. together with c8ntral support costs which are expended in line with our charitabl8 objectives. Where
central support costs cannol bè directly attributed to an activity, they are allocated on a basis using 81th8r direct
hours percentage, an estimated time and effort percentage or the percentage of incoming grant funding for the
activity to total grants.
1.6 Fund accounllng
Unrestricted fvnds are considered by the Trustees as funds coming into the Charity and held in reserves to
provide for the services of the Charily. Restricted funds are considered by the Trustees to be funds that are
granted to the Charity with certain addits'onal requirements to provide specific charitable activities. Accounting for
restricted activities is maintained separately to unrestricted funds, being reported separately lo the
commissioning bodies as required under the terms of the grant.
1.7 Cash and cash equlvalents
Cash and cash equivalents are cash and short term highly liquid investments with a short maturity of three
months or less from the date of acquisition or opening of the deposit or similar account.
Page 20

Herts Young Homeless Group
Notes to tho flnanclal statements for the year anded 31 March 2025 (contlnued)
1. Accountlng pollcles (contlnued)
1.8 Inv•stmonts
It is th8 Charftys policy to ensure that all fund8 are held in FCA registered banks and yleld Interest appllcable to
low risk cash investments.
1.9VAT
Th8 Charity is not reglstered for VAT. Irrecoverable VAT Is Included In the costs of the item to which it relates.
1.10 Flxed Assots Includlng Offlco Furnlturo and Equlpmont
The Charity has a capitalisation policy of £500 of individual assets and £500 for bulk purchases of slmSlar assets
where Indlvldual assets fall below the threshold.
Depreciation 18 provlded at rates calculated to writs each asset down to its estimated residual value over its
expected useful life:
Flxtures and flttlng8'.
Office equipment:
Prop8ty, plant and 8qulpment
3 years stralght Ilne basis
3 years straight line basis
10 years straight1Sne ba818
1.11 Pen•lon•
The Charfty provldes stsff wlth access to one current scherne (a hlstoric scheme Ss also held) to whlch the
Charlty provides fundlng be￿aon 3% and 6%, dependlng on the contrlbution of the employee. From 1 October
2014 all new employees jolned an auto enrolment compliant sch8ma In thelr flrsl full month of employm8nt If
they met the eligibillty ¢ondltion$. Th8S8 funds ar8 pald over monthly to the s8rvlce provlders and held In the
Indlvldual's name.
1.12 Crodltor•
The Charity seeks to pay all credltors wlthln agreed credSt tems.
1.13 Leas￿ Au•t•
Rental appllcable to operating leases. where substantially all benefits and risks of ownership remain with the
les80r, are charged to the Statement of Financial Activitles as Sncurred.
1.14 GovomanrA Costs
Govemance costs (include board expenses and audlt fee) Incurred are reported to comply wlth constltutlonal or
statutory requlrements of the Charity.
1.15 Flnan¢l•l In•trum•nts
The Charity only 8nters Into baslc financial instrument transactions that result in the recognition of financial
assets such as trade and other debtors and short le￿ Investments (notice period not exceeding 3 months) and
financial liablliiles such as trade and other creditors. Basic financial instruments a￿ Initially re¢ognised at
transaction value and then subsequently measured at their settlement value.
1.16 Judg•m•nts In applylng accountlng pollclos and k•y 8our¢•8 of •stlmatlon un¢•rtalnty
Due to the nature of th8 charitable company's activities and financial statements, the Trustees do not consider
there to be any significant judgements or sources of estirnation uncertainty which could infiuence the ￿aderf8
understsnding of the financial ststements.
Page 21

Herts Young Homeless Group
Notes to the financial statements for the year ended 31 March 2025 (continued)
2a. Donatlons Incomo
Unrestrlcted Restricted Total funds
funds
funds
2025
Total funds
2024
Community Donations
Corporat8 Donations
Individual Giving
Grants and Trusts
157.512
158.134
91,106
34,800
441,552
157,512
158,134
91,106
34,800
441,552
105.132
140.990
93,638
68,810
408.570
2b. Charltable actlvltles Income
Unrestrlctèd Restrlcted Total funds
funds
funds
2025
Totsl funds
2024
Client Grants
Homeless Hub
Floating Support
Intensive Outreach
Health
U16s Mediation
Education
Future Roots {solar panels)
Future Roots
17,526
399,497
329,235
114,177
79,009
116.361
154.542
17,526
399,497
329,235
114,177
79,009
141,801
172,252
2,800
399.613
348.459
83,706
96,685
109.348
122.764
11.000
67.543
1,241.918
25,440
17,710
130,996
1,341.343
130,996
1.384,493
43,150
2c. Other tradlng actlvltles Income
Unreslrlcted R•strlct•d Total funds
funds
funds
2025
Total funds
2024
Fundraising Events
123,993
123,993
123.993
123,993
91,332
91,332
2d. Investment Income
Unrestricted Restrlcted Total funds
funds
funds
2025
Total funds
2024
Bank interest received
20,374
20,374
20,374
20,374
18,568
18.568
2e. Other Income
Unrestricted Rostriet•d Total funds
funds
funds
2025
Total funds
2024
Sponsorship
Other
429
429
600
3,851
4.451
429
429
Page 22

Herts Young Homeless Group
Notes to the flnanclal statements for the year ended 31 March 2025 Icontlnued)
3. Expendlture
Staff
costs
Dlrnct
costs
Support
Costs
2025
Total
2024
Total
Raislng funds
257.599
62,493
44,186
364.278
369,541
Charltablfj Artlvltlg•
Homeless Hub
Floating Support
Intensive Outreach
Health
U16s Mediatlon
EducatSon
Head Office
Future Roots
373.454
318,615
108,766
89,116
136.365
185,489
36,675
64,206
1,312,686
8.787
4.182
3,721
4,409
7,513
9,879
5,600
56,074
100,165
53.328
47.905
15.640
12,397
20,498
24,528
33.126
5,448
212,870
435.569
370.702
128.127
105,922
164,376
219,896
75,401
125,728
1,625,721
350,836
345,550
79,331
123,485
127,708
205,191
79.257
102.862
1.414.220
Total expondlturn
1,570,285
162,658
257,056
1,989,999
1,783,761
Analysls of ¢•ntral Support costs and ov•rh•ads
2025
2024
Govemance
Head Office staff
Inforniation technology
Premises expenses
Lagal and profasslonal
Stationery, postage, telephone, equlpment
Sundry costs
Depreclatlon
13,273
508
54,574
71.274
26,382
27.771
37,129
26,145
257,056
10,581
751
51,526
65,271
34,451
27,827
69,934
17,492
277.833
The basis of allocatlon was budgeted direct hours.
Govemance costs comprise th8 audit fee and Board expenses.
Page 23

Herts Young Homeless Group
Notes to the financial statements for the year ended 31 March 2025 (continued)
4. Net expenditure
Net expenditure is presented after charging..
2025
2024
Operating leases on land and buildings
Auditors, remun8ration - audit
53.100
12,460
48.728
10,000
S. Employee costs
Analysis of staff costs, Trustee remuneratlon and expenses
2025
2024
Wag8s and salari8S
Social security costs
Pension costs
Group Life Insurance Policy
Other costs
1,366,778
109,655
65,657
9,493
18,702
1,570,285
1.087,200
85,844
54.256
2,017
39,535
1,268,852
Durlng the year one employee earned remuneration in excess of £60,000 {2024.' 1).
No members of staff received termination paylnents in the year (2024: £nil).
hyh operdtes two contribution penslon schemes. a stakeholder defined contribution scheme and an auto-
enrolment pension scheme. The assets of the schemes are held separately from those of the Charity in an
independently administered fund. The pension cost charge represents contributions payable in the year by
the Charity to the fund: total contributions amounted to £65,657 (2024.. £54,256).
In the year, the Trustees received £nil remuneration (2024: £nil) and £nil (2024.. £nil) reimbursement of
expenses. The value of expenses waived by the Trustees is undisclosed as immalerial.
Remuneration totalling £277,451 (2024: £261,454) was paid to 6 members of key management personnel
(2024.. 6). This figure includes staff changes during the year.
Avarag? number of omployaes by actlvlty
2025
2024
Raising funds
Charitable activities
Management and administration
36
29
50
43
The equivalent full-time number of staff is 42 (2024: 36).
Page 24

Herts Young Homeless Group
Notss to the flnanclal statements for the year ended 31 March 2025 (contlnued)
7. Tanglble fixed assots
Flxturos
and fittings
Property. Plant
and Equipmont
aqulpmant
Total
Cost
At 1 April 2024
Addltlons
At 31 March 2025
15,841
2,182
18,023
41,634
21,880
63,514
11,000
68,475
24.062
92,537
11,000
D•prnclatlon
At 1 Aprll 2024
Charge for the year
At 31 MarGh 2025
10,521
4.618
15,139
4,626
20.427
25,053
550
1.100
1.650
15,697
26,145
41,842
N•t Book Value
At 31 March 2025
2,884
38.461
9.350
50,695
At 31 March 2024
5,320
37,008
10,450
52,778
8. Debtors
2025
2024
Trade debtors
Other debtors
Prepayments
Accruad Incom8
7.710
3,682
35.439
178,777
225.608
40,357
552
15,220
181.429
237,558
Page 25

Herts Young Homeless Group
Notes to the financial statements for the year ended 31 March 2025 (continued)
9. Short temi investments and cash and cash equivalents
2025
2024
Short term investments..
Fixed notice accounts (notice not exceeding 12 months)
532.536
516.246
Cash and cash equivalents
178,957
196.085
10. Crodltors - amounts falllng duo wlthln ono yoar
2025
2024
Trade creditors
Accruals
Deferred income
Sundry creditors
Social security and pension
23,171
17,440
144,036
13,469
36,051
234,167
5.673
32,307
128,862
28,896
34,142
229,880
Deferred Income
Deferred income represents income received or InvoSced durlng the year. In respect of future charltable
activities taking place after 31 March 2025.
Balance
Raleased
Deferred
In the year In the year
Balance
31 March
2025
2024
Deferred income
128.862
220,893
236,067
144,038
11. Funds
Balance
1 Aprll 2024
Mov•mont In resources
8alanc•
Income
Expendlture Transfers 31 March 2025
Unrestrlcted funds
Designated funds..
Digilal and data fund
SeNice continuity fund
EDI & 8nvironm8ntal fund
Office refurbishment fund
Strategic fund
500.871
609,987
(614,300)
496.558
18,323
100,Crf)O
18,323
100,000
19.511
119,511)
30,000
17,694
666,888
30,000
5,286
650,167
12,408
(646,219)
629,498
Restrlcted funds
HCC
Early Intevention Service
Local Authorities
Henry Smith
Crouchfield Trust
Future Roots grants and donations
Future Roots solar panels
General Restricled Hardship funds
General Restricted other funds
842,909
91,540
65,357
116,361
72,782
130,996
(842,909>
(91,5401
(65,3571
(116,361)
(72,7821
(133,609)
(1,100)
(12,291)
{7,831)
1.343,780
76,544
10,450
15,017
3,888
73,931
9,350
13,614
6,567
10,888
10,510
105 899 1,341,343
103,462
Total funds
772 787 1970 841
1989 999
753 629
Page 26

Herts Young Homeless Group
Notes to the flnanclal statements for the year ondod 31 March 2025 (contlnued)
11. Funds (contlnued)
Hortfordshlre County Councll (HCC)
We are contracted by HCC to provide our Homeless Hub, Outreach Houslng Support and Intenslve
Outreach services.
Early Int•rv•ntlon Servlce•
We recelve fundlng from a number of sources, Including trusts and foundatlons, to support our work to
prevent homalassness.
Local Authorltl••
We recelve fundlng from the Dlstrlct and Borough Counclls In Hertfordshlre to support the dellvery of our
Educatlon servlce.
Henry Smlth
We receive grant funding from The Henry Smlth Charity to support our Under-16s Mediation sep4ice.
Crouchfl•ld Trust
Fundlng for the Wellbelng workers to support young people and thelr parents. To support thalr mental
health and wellbelng, and the engagement in the mediatlon sepiice.
Futur• Roots grants and donatlon•
We have recelved donations to fund the runnSng costs of our accommodatlon project, Future Roots,
including from The Hadlgy Trust and Lady Margret Patterson Osbourne Trust.
G•n•ral r•8trlcted grants
We recelved varlous grants to support our youth engagement work and to support our service users wTrth
food vouchers, care p8ckag68 and wlth the costs of movlng Into new accommodatlon and 8U8talnlng thelr
tenancy.
12. Analy818 of net a880ts bgtwgon fund•
UnrnStrlCt￿ Ra8trlct•d
Total
FIX￿ A88ets
41,345
9,350
50,695
Curr•nt asset•
Debtors
Short term Investments
Cash and cash equivalents
225,608
532,536
84,845
225.608
532,536
178.957
94,112
Curront Ilabllltles
Falling due withln one year (234,167)
650,167
(234,167)
753,629
03.462
Page 27

Herts Young Homeless Group
Notes to the financial statements for the year ended 31 March 2025 (continued)
13. Flnanclal commitments
At 31 March 2025 Herts Young Homeless was committed to making the following payments under
leases or contracts:
Leases on land and buildings which expire within:
At 31 March
2025
47,700
21,958
At 31 March
2024
47,700
21,958
1 year
2-5 years
more than 5 years
69,658
69,658
14. Share capltal
The Charitable Company is limited by guarantee with each of its members liable to contribute £1 In
the event of it being wound up.
15. Penslon commltments
The Charity operates a defined contribution penslon scheme. The assets of the scheme are held
separately from those of the Charity in an independently administered fund. The pension cost
charge represents contribulions payable by the Charity to the fund and amounled to £65,657 (2024.,
£54,256). Contributions totalling £8,263 (2024.. £7,637) were payable to the fund at the Balance
Sheet dale.
16. Related party Iran8actlons
During the year the charity received £47,724 (2024.. £35,721) from fundraising events run by
Echelon Consulting Limited, a company in which M Baxter is a director. During the year the charity
paid £13.461 (2024: £7,927) to Homeless Link, a charity in which R Watklns is a director.
17. Control
The Board of Trustees are deemed to be the controlling party.
18. Analys16 of changes In net debt
1 April 2024
Cash flows
Other non-
cash changes
31 March 2025
Cash and cash equlvalents
Cash
Overdrafts
196,085
(17.128)
178,957
196,085
(17,128)
178,957
Total
196,085
17,128
178,957
Page 28