REGISTERED COMPANY NUMBER: 04308289 (Englan¢ and Wales) REGISTERED CHARITY NUMBER: 1090549 Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2025 for THE CAXTON YOUTH ORGANISATION Hill Vlooldndge & Co. Chartered A(￿Untants Monument House 215 Marsh Road Pinner HA5 SNE THE CAXTON YOUTH ORGANISATION Contents of the Financial Statements for the Year Ended 31 March 2025 Page Reference and Admlnlslrative Details Report of the Trustees Independent Examinerfs Report statement of Financial Activities Balance Sheet Notes to the Flnancial Statements 9 to 15 THE CAXTON YOUTH ORGANISATION Reference and Administrative Details for the Year Ended 31 March 2025 TRUSTEES Ms N Carlile Mr T C Chatsvin Iresgned 3.12.241 Mr M F Myers Mr5 L J Rowley (Honorary Treasurer} Mr P W Lewis (resigned 3 12 241 Ms H Rahman Ms B lfjnsella Mrs C A Boddington (Chair) Ms A Besser (resigned 3.12.241 M5 J L Goldstein (resigned 25.4.241 Ms K E Clifford Mr T W Rigby laroointed 3_12 24) Ms A Z Saba (appointed 3.12.241 Mr S C K Laing (appointed 14.6.251 REGISTERED OFFICE Basement Clubrocths Tintem House, AtrA)ots Manor Estate Alderney Street London SW1V4JF REGISTERED COMPANY NUMBER 04308289 (England and Wales) REGISTERED CHARITh NUMBER 1090549 INDEPENDENT EXAMINER Hill W￿l￿ridge & Co. Chartered Accountants Monurnent House 215 Marsh Road Pinner HA5 SNE Page 1 THE CAXTON YOUTH ORGANISATION Report of the Trustees for the Year Ended 31 March 2025 The trustees who are also directors of the charity for the purposes of the c¢￿panieS Act 2006. present their report wth Ihe finanual slatemenls of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charilies" Statement of ReLx)mmended Prath.￿ applicable to charities preparing their accounts in accordance wth the Finanoal Reportsng StaTrJard applicable in the UK and Republic of Ireland {FRS 1021 (effective 1 January 20191. This report provides an overview of our stewardship and the organisation's finanaal perfomiarte during the reportirrfJ period. OBJECTIVES AND ACTIVITIES Our Vislon A specialist youth dub, cre*'ng communty, breaking barriers and empowering leaming disabled and autistic young people. STRATEGIC REPORT Achievements and perfomiance Review of Activities We are the onty specialist youth club in Westminster for leaming disabled and autistic young people aged 11 to 25. Our aim is for all local leaming disabled and aLth"sts"c young people to have a safe. welcoming community in which they can build connection. devdop skills, arml play an active role in shaping an indusive society where they can thrive. We are fully committed to equality. diversty and indusion, ensuring that our staff, partners. and young people can reach their fijll potential. We remove barriers to participation and empower leaming disabled and autists-c young people to make deasions in all aspects of their lives - induding the design of the services they re￿1Ve. We are working towards a future where every young person is happy. healthy. more independent, connected to a strong nehvork of supporL Our Servlces This year, we delivered a flexible programme of youth-ted ac￿"V￿'es. both from our Pimlico Youlh Club and through day trips and residentsal wsrts. We ran five core programmes.. - Employment Support Independen Social and Emotional Wellbeing Health and Getting Active - Creats'ng Communities and Opportunities We ddivered three youth sessions per week dunng tenn b"me, V￿th a mix of open ac£ess and structured programming, as well as weekly early bird sessions with more largeted projects indLMJing art therapy in partnership Mind. Recognising a need for a female-only space. we continue to run Girls, Group, providing more targded support and have now doubled the offer to evenings a month. We continued lo provide communty transport, viilh our wheelchair-accessible minibus ensuring a￿sS for those unable to travel independenlty yet During school holidays. we delivered 38 sessions induding day trips and activtlies, as well as three residential trips. These gave young people the opportunity to parb"opale in exab.ng outdoor pursvrts, building Confiden￿ and independen￿. In 2025 our YoLrth Government evolved into Changemakers for Social Adion, a dedicated group of young people leadirYJ their own campaign to drive extemal systems change. In addition, our work provided much-needed resprte for parents and carers, reducing stress and supporting family wellbeing. We now invite parents to a termly session at Caxton to share updates and offer 5UPPOrt around specific themes. Page 2 THE CAXTON YOUTH ORGANISATION Report of the Trustees for the Year Ended 31 March 2025 STRATEGIC REPORT Achievements and perfomiance Fundraising Our ability to deliver high-qualty semces is made possible by the generosity of our c(xnmunty. We are deeply grate￿1 for every individual and organisation who supported us this year. Key highlights: Our partnership with Aspire Landsec entered its third year. Wrth their support we have transfomied Ihe PimlicLS Youth Club. with a new music studio, new flooring and decoration. Fundraisers.. Charity Golf Day.. £5,251 raised - Snowdon 360 Challenge.. £6,290 Big Give Christmas Campaign". £11.184 A Special thanks to Oliver Harris from Landsec who ran the L￿d(￿ Marat￿n and raised £3,095. We thank all supporter5, induding funders not listed elS￿ere in this report. These indude.. Capita plc - The Aspire Landsec Partners - St Giles and St George The Nancy Kenyon Charilable Trusl - Westminster City Council VCS Core FU￿ling Garfield Weston Foundation - Tesco Stronger Starts (Groundwork UK) St Peterfs Church, Eaton Square - Queen Anne's Gate Residents Associatr"on John Laing Charitable Trust Sir Jules Thom Charitable Trust The Childhood Trust matched fijnding for the Big Give Christrnas Challenge Financial review The financial statements. which have ken prepared in accordan￿ wth applicable accounting stsndards, present a true and fair view of the organi5ation's financial posttion. Desprte a challenging economic environment, the Board of Trustees are satisfied with the yeals results. - Total income £555.162 {2024 . £425,659., 30% increase) - Total expenditure £459.72812024 .' £398.189: 15% increase) We extend our sincere gratitude to all individuals, Org￿ls*.0ns, and volunteers vtho have generousFy ￿nt￿buted gifts in kind over the past year. Your support, whether through donated equipment. materials. or professional expertise has been invaluable in help¢ng us advance (xjr mission and increase our impad. In the context of today's climate, the increases in both income and expenditure this year reflect the ambitions we hold as an organisation. This financial uplift represents a strategic commitmenl to strengthening our infrastructure, expanding outreach, and deepening partnerships. Our aim is to reach more young people and build a communty of support around them. This has invdved investing in robust systems. increased programme delivery hours, and ensuring our team size has grown to respond to emerging needs. These steps are essential to sustaining lon*temi impact and ensuring our ServI￿S remain inclusive, responsive, and focused on delivering ServI￿S for the decades to come. Reserrfes policy The trustees aim to maintain suffioenl reserves to ensure finanaal stabilty and continuity of service. The charity is transitioning away from rdiance on local govemment fijnding and must remain resilient amid ￿st￿of-llvIng pressures. The Board considers a prLKJent reserves level to be three to six month5 of forward4ooking unrestn.cted expenditure. As at the year end. free reserves stood at 6. 1 months ot total budgeted expenditure for 2025126. This 15 a temporary position above the upper end of our target range which reflects strategic plans to invest in s￿nIficant upgrades to our facilitie5, for example youth dub facilits"es, technology ena￿ement and cyber resil1er￿e. Publlc Benefit The Trustees have complied with their duty under Section 4 of the Charities Act 2011 to have due regard lo the Charity Comrnis5ion's guidance on public benefit All trustees serve voluntarily and receive no prNate benefit. Page 3 THE CAXTON YOUTH ORGANISATION Report of the Trustees for the Year Ended 31 March 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Goveming Document Caxton Youth Organisats'on is a thantable company. limited by guarantee. as defined by the Companies Act 2CQ6. It is govemed by a deed of trust dated 22 October 2001. The charity is govemed by a Board of Trnstees consisling of at least four and no more than ￿e1ve members, including a Chair and Treasurer. As of 31 March 2025, the Board c¢Thprises nine Irustees from diverse bad(grounds, bringing a range of skills and experience. New trustees appointed before Mar(* 2025.. Thomas Rigby (De￿mber 20241 Annalisa Saba (De￿mber 2024} Departing truslees.. Timothy Chatswn (December 20241 Peter Lewis {December 2024) Anthea Besser (December 20241 The Board is responsible for the general management of the charity and oversight of its property and operations. Staffing and Leadership During the year, we appointed Esther Norman as Interim CEO (June 2024) to provide matemity cover for Rosemary Swainston and lead on operations. supported by.. - Stefan Filby- Head of Progfammes (apwnted September 20241 Paige Kaye- Fundraising and CommLbnications Manager Thanks to the dedication of our youth workers and core office leam. we deliVe￿d quality SeN￿S throughout the year. Our dedicated team of youth workers delivered dedicated support throughout the year, ensunng that young people fell heard, induded, and empowered. Our core office team supported service delivery by managing finan(£, fvndraising, communications, and infrastructure. Salary Policy We are a London Llvlng Wage emFdoyer and regularty rwew compensation to ensure fair and equitable pay for all staff. Risk management The trustees have a duty to identify and ￿VIeW the risks to which the chanty is exposed and lo ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The Board maintains a comprehensive organisalional risk register, reviewed at every trustee meeting. This covers key risks and mitigation strategies, providing reasonable assurance against fraud arbd error. The 2022-2025 Organisational Strategy With support from Baringa ar￿ in consultats.on vthh staff. trustees. families and young people. we developed a three-year strategy focused on.. Being youlh4ed Improving sustainability Enhanung efficiency Expanding reach within Westminster and twond In 2024-25, some of our xhievements irKlude". Upgrading the Youth Club building Introducing new targeted Eady Bird sessions Launching a brand-new website Launching parent sessions We are proud that wth vast improvements to infrastruclure. have been able to increase our offer lo young people. with increased trips, early bird sessions. additional girls, groups and pilot project launching in the North of the borough. As we approach the condusion of our ojrrent strategy perioJ, we are inrtiab'ng a strategic refresh to build on our progress and lay the foundations for increased ouhvar&facing engagement and youÈh4ed initiatives in the yeats ahead. Page 4 THE CAXTON YOUTH ORGANISATION Report of the Trustees for the Year Ended 31 March 2025 STATEMENT OF TRUSTEES. RESPONSIBILITIES The trustees {who are also the directors of The Caxton Youth Organisation for the purposes of company law} are resFonsible for preparing the Report of the Trustees and the financial ststements in accordan￿ with applicable law and United Kingdom Ac¢))unting Standards (Untted ￿n9j0M GerErally Accepted Aminting Practice). Company law requires the trustees to kyepare finanaal statements for each finanaal year. Under that law, the trustees have eleded to prepare the finanoal statements in accordance with United Kingdom Generally AC￿pted Accounting Practi￿ (United Kingdom Accountsng Slandards and ap￿ICable law). Under company law the trustees must not approve the finanoal statements unless they are satisfied that they give a true and fair view of the slale of affairs of the charitsble company and of the inLX)ming resources and applicats'on of resources, induding Ihe in(￿me and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to.. select surtable accounting poliaes and then apply them consistentiy.. observe the methods and prirsciples in the Charities SORP.. fflake judgements and esb"mates that are reasonable and prudent.. state whether applicable accounting stsndards have been followed. subject to any material departures disdosed and explained in the financial statements.. prepare the financial statements on the goiThJ con￿M basis unless it is inappropriate to presume that the charitable company wll conlinue in business. The trustees are responsible for keeping proper accounting records which disdose with reasonable accuracy at any time the financial p051tion of the charitable company and to enable them to ensure that the finanual slatements comply wth the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detecbon of fraud and other i￿egulari￿.es. Report of the trustees, incorporalt'ng a strategic report. approved by order of the toard of trustees. as the company directors. on 28 October 2025 and signed on the board's behalf by". Mrs C A Boddington - stee Page 5 Independent Examinerfs Report to the Trustees of The Caxton Youth Organisation Independent examinerfs report to the trustees of The Caxton Youth Organisation Ixhe Company'l I report to the chanty trustees on my examinalion of the ￿?￿nIS of the Company for the year ended 31 March 2025. Responsibilities arbd basls of report As the charity's trustees of the Company land also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordan￿ the requirements of the Companies Act 21)06 {'the 2CK)6 Act'l. Having sab"sfied myself that the accounts oflhe Company are nol required to be audited under Part 16 of the 2006 Act and are eligible fof independent examinalion, I report in respecl of my examinab.on of your charity's accounts ps carried out under Section 145 of the Charities Act 2011 {'the 2011 Acfl. In carying out my examination I have followed the Directions given by the Charty Commission under Section 145151 (b} ofthe 2011 Act. Independent examinerfs statement Since your charity's gross income ex￿eded £250,c￿ your examiner must be a member of a listed body. I can confirm that l am qualified to undertake the examination because l am a member of the 1nsb.tute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examinat"on. I confirm Ihat no matters have c(¥ne to my attenbon in connettion with the examinalion giving me cause lo bdieve". accounting records were not kept in respect of the C¢Jnpany as required by Sethon 386 of the 2C()6 Act,. or the accounts do not a¢xord with those records., or the accounts do not comply ¥Mth the accounting requirements of Section 3* of the 2(K)8 Act other than any requirement that the accounts give a true and fair view vthich is not a matter considered as part of an indeFendent examination., or the accounts have not been prepared in aco)rdance wth the methods and prinaples of the Statement of Recommended Practice for accounts'ng and reporting by chanbes (applicable to charities preparing their accounts in accordan￿ the Financial Reporbng Standard apF4icable in the UK and Republic of Ireland IFRS 102)). I have no COn￿rnS and have cfjme across no other matters in Connecti(￿ vthh the examinakn.on lo which attention should be drawn i this report in order to enable a proper understanding of the accounts to be reached. M T Murray Bcom FCA FCC Hill Wooldridge & Co. Chartered Accountants Monument House 215 Marsh Road Pinner HA5 SNE Date.. 28 October 2025 Page 6 THE CAXTON YOUTH ORGANISATION Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the Year Ended 31 March 2025 2025 Total funds 2024 Total funds Unrestricted fund Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 198.441 356,434 554,875 425.388 Investment income 287 287 271 Totsl 198,728 356,434 555,162 425, 659 EXPENDITURE ON Raising funds 50,022 47,408 Charltsble activities Wages and salaries Rent and rates Insurance Repairs and renewals Light and Heat Sundnes Club activities and projects Residential trips 95.771 524 3,451 12,640 1.141 198, 121 293.892 524 5.034 15,660 2,052 221,702 2, 629 5,314 61,782 1,048 47 10,270 1.583 3.020 911 796 13,428 14,224 4,359 1,455 4,359 5,027 9.142 8,353 6, 775 2. 798 5,445 2,375 937 9,927 177 3, 656 1,980 8,603 4,579 743 Staff trainin9 Pension contribub'ons Telephone. IT & Computer Printing, postage and stab'onery Motor expenses Bank charge5 Ripley costs Accountancy Professional fees and consultancy Subscriptions Travel and subsisten 3.572 9,142 3,425 350 4,928 598 1.848 11,794 272 3,024 4,245 29,141 3,024 4.245 15,784 13.357 350 182 1.389 1,571 Total 167,254 292.474 459,728 398, 789 NET INCOME 31,474 63,960 95,434 27,470 RECONCILIATION OF FUNDS Total funds brought forward 246,650 123,3 369,950 342,480 TOTAL FUNDS CARRIED FORWARD 278,124 187,260 465,384 369,950 CONTINUING OPERA TIONS All activities relate to continuing athvits'es. The notes form part of these finanL?al statemerts. Nole 7 to the finanaal statements discloses the split betsveen restricted and unrestricted fiJrKls for the comparative period. The notes form part Oftl￿e finanual statemer Page 7 THE CAXTON YOUTH ORGANISATION Balance Sheet 31 March 2025 2025 Total fijnds 2024 Total fvnds Un￿striCted fund Restricted fiJnds Notes CURRENT ASSETS Debtors Prepayments and accrued income Cash at bank and in hand 11 1,065 15,961 462.135 8, 022 18,624 364, 661 15,961 274,875 187.260 291,￿1 187,260 479,161 391,307 CREDITORS Amounts falling due within one year 12 (13,777) {13,777) (21,35T) NET CURRENT ASSETS 278,124 187.260 465 384 369, 950 TOTAL ASSETS LESS CURRENT LIABIUTIES 278.124 187,260 465.384 369,950 NET ASSETS 278,124 187.260 465,384 369. 950 FUNDS Unrestricted funds Restricted funds 14 278,124 187,260 246,650 123.300 TOTAL FUNDS 465,384 369,950 The charitable company is ents'tied to exempb.on from audit under Section 477 of the Companies Act 20C6 for the year ended 31 March 2025. The members have not required the (x)mpany to obtsin an audrt of its finanaal statements for the year ended 31 March 2025 in accordance with Section 476 of the Ccffipanies Act 20C6. The tTUStees acknowledge their responsitM"IrtEs for (al ensunng that the charitable company keeps accounb.ng records Ihat comkly Sect'ons 386 and 387 of the Companies Act and preparing finanoal statements which give a tnje arKI fair view of the state of affairs of the charitable company as at the end of each ffinancial yeaf and of its surplus or defiat for each finanoal year in accordan￿ with the requirements of Sections 394 and 395 and which otherwise comply wtth the requirements of the Companies Act 2006 relating to financial statements, so far as applicabie to the charitable company. (b) The h"nancial statements were approved by the Board of Trustees and aulhorised for issue on 28 October 2025 and were signed on its behalf by. Mrs L J Ro￿eY- Trustee Mrs C A Boddingt - Trustee notes form part 0fttr￿e financial statements Page 8 THE CAXTON YOUTH ORGANISATION Notes to the Financial Statements for the Year Ended 31 March 2025 ACCOUNTING POUCIES Basls of preparing the financial statsments The finanaal statements of the charrtable company. which is a public benefft entity under FRS 102, have been prepared in accordance with the Charits'es SORP IFRS 1021 'Accountrng and Reporting by Charities. Statement of Recommended Practi￿ applicable to charib'es prepanng their accounts in accordance with the Financial Reports"ng Standard applicable in the UK and Republic of Irdand IFRS 1021 (effective 1 January 2019)., Financial Reportrng Standard 102 'The Financial Reporting Standard appliG8ble in the UK and Republic of Ireland. and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The charitable company has taken advantsge of the following disclosure exemptions in preparing these financial statements, as pefmitted by FRS 102 'The Financial ReForbng Standard applicable in the UK and Republic of Ireland,: the requirements of Section 7 Statement of Cash FIov•S" the requiremenl of paragraph 3. 17ld)'. the requirements of paragraphs 11.42. 11.44. 11.45. 11.47. 11.481al(iii}. 11.48{a)liv), 11.48{b} and 11.48{c}'. the requirement of paragraph 33.7. Going ¢on¢em The financial statements have been prepared on the going con￿rn basis. The Trustees have assessed the charity's ability to continue operating for the next 12 months and we are sat15fied that based on the current level of reserves and the cashflow projections. that there are sufficient funds to meet our commitments as they fall due. We have considered the impact of the cost-of4tving crisis and wider geopolitical challenges on the tharity. and although we expect this wll impact income and expenditure. we do not bdieve this ￿11 prevent us from continuing to operate in the next 12 months. Income All income is recognised in the Statement of FinancFal Actiwties On￿ the chanty has entitlement to the funds, it is probable that the income wll be received and the amount can be measured reliably. - For donation income, we consider this to be ￿en cash has been received. Donab'ons include Gift Ard based on amounts recoverable at the accounting date. No amounts a￿ included in these financial statements for the SeNi￿S donated by volunteers. - Granl income is recognised when a formal offer of funding has been communicated in writing and the conditions for Ihe grant have been sa*"sfied. - Other income relates to the sale of fixed assets which are recognised at the point of sale. Accrued income is provided for irume that has been eamed in the current financial year but is yet to be invoiced. Expenditure Expenditure is recognised a5 soon as there is a legal or constructive obligation. it Is probable that a transfer of economic beneffts will be required and the amount of the obligats'on can be measured reliably. Expenditure is accounted for on an accruals basis and has been das￿ffied under headings that aggregate all cost related to the category. ￿ere costs cannot be direcuy altn'tmjted to partlcular headings they have been allocated to activities on a basis consistent with the use of reSoUr￿s. Taxation As a reglstered charity the Caxton Youth Organisation is not liable to taxation on its investment income and gains, income and gain5 arising from trading in furtherance of its chaTitable objectives and chantable donats"ons. Fund accounting The financial statements ofa charity must differentiate betsveen restricted and unrestricted tsnds. Restricted funds are funds subject to specific conditions, imposed by the donor or by the specific terms of the charity appeal. Unrestricted funds are all the other funds of the charity and indude designated funds vlhich consist of amounts allocated for specific purposes by the charity itself. Accounting estimates and judgments In prepanng the finanaal statements. the trustees are required to make estimates and judgements. The significant areas of judgemenl are considered to be the eth'mated usefijl lives of tangible fixed assets and allocation of costs lo different categories of expenditure. Page 9 continued... THE CAXTON YOUTH ORGANISATION Notes to the Financial Statements - continued for the Year Ended 31 March 2025 ACCOUNTING POUCIES - continued Hire purchase and leasing commilments Rentals paid under operating leases are charged to the Ststement of Financ4al Ath"vitr'es on a straight-line basis over the period of the lease. Pension costs and other posl4etirement benefrts The charilable company operates a defined contributs.on pension scheme. ContribLth-ons payable to the charitable company's pension scheme are charged to the Statement of Financial Activrties in the period to which they relate. DONATIONS AND LEGACIES Unrestricted Restricted 2025 Unrestricted Restricted 2024 funds funds Total funds fijnds funds Total funds Donations and legacies Donations Funding from other bodies SeNices provided 31,894 31,894 44,045 137,779 16.915 350,264 488.043 16.915 288,488 288,488 186.588 350,264 536.852 44,045 288,488 332,533 Income from Charitable Activities Youth Club & Residents'als 11,853 6.170 18,023 92.855 92,855 198.441 356.434 554,875 136.900 288.488 425,388 INVESTMENT INCOME 2025 2024 Deposit account interest 287 271 RAISING FUNDS Raising donations and legacies 2025 2024 Staff costs Other fundraising costs Consultants 48,334 1,688 44,651 557 2, 200 50,022 47,408 Page 10 ¢￿tI￿l￿d... THE CAXTON YOUTH ORGANISATION Notes to the Financial Statements - continued for the Year Ended 31 March 2025 CHARITABLE ACTIVITIES COSTS Stjpport cosls (see note 6) Direct Costs Totals Wages and salaTies Rent and rates Insuran Repairs and renewals Light and Heat Club aclivib'es and projects Residential tn'ps Staff training Pension contributions Telephone, IT & Computer Printing, postage and stab"onery Motor expenses Bank charges Ripley costs Accountancy Professional fees and consuttancy Subscriptions Travel and subsisten 293,892 524 5,034 15,660 2.052 14,224 4,359 5,027 9,142 8,353 948 11.794 293,892 524 5.034 15,660 2,052 14,224 4,359 5,027 9,142 8,353 948 11.794 272 3,024 4,245 29,141 444 1,571 272 3.024 4,245 29,141 1.571 376,048 33,658 409,706 SUPPORT COSTS Govemance costs Finance Totals Bank charges Accountancy Professional fees and consullancy 272 272 4,245 29.141 4.245 29.141 272 33,386 33,658 NET INCOMEI{EXPENDITURE Net incomel(expenditure} is stated after chargingllcreditingl: 2025 2024 Motor vehide operating leases Other operating leases Independent examiner fees for independent examination lexdusive of VAT) 6,790 250 6,862 2,327 1.650 1,650 TRUSTEES, REMUNERA TION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. Trustees. expenses There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. Page 11 continued... THE CAXTON YOUTH ORGANISATION Notes to the Financial Statements - continued for the Year Ended 31 March 2025 STAFF COSTS 2025 2024 Wages and salaries Social security costs Other pension costs 316,180 26,046 9,142 247, 203 78.240 6, 355 351,368 277, 798 The average monthly number of employees during the year was as follows". Employees 2025 12 2024 No employees r￿tVed emoluments in excess of £60,IJXI. 10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES 2024 Total fvnds Unrestrtcted ftjnd Restricted n(Js INCOME AND ENDOWMENTS FROM Donations and legaaes 136, 288.488 425.388 Investment income 271 271 Totsl 137 171 288 488 425 659 EXPENDITURE ON Raising funds 34,028 13.380 47,408 Charltsble activities Wages and salaries Rent and rates Insuran Repairs and renewals Light and Heat Sundries Club activibes and projects Residential trips Staff training Pension contribub'ons Telephone, IT & Computer Printing, postage and stab'onery Motor expenses Bank charges Ripley costs Accountsncy Professional fees and consultsncy Subscnptions Travel and subsisten 11,686 2.629 210.036 221,702 2.629 5,314 61,782 1,048 47 10.270 6,775 2.798 5,445 2,375 937 9,921 177 3,656 1,980 8,603 4,579 743 4,750 7,391 54.391 1,048 47 10,261 6.775 798 445 5.000 2.375 937 9,921 177 302 1.980 8.603 2,579 743 3.354 2,000 Total 120,946 277.243 398,189 NET INCOME 16.225 11.245 27,470 RECONCILIATION OF FUNDS Total funds brought forward 230,425 112,055 342,480 TOTAL FUNDS CARRIED FORWARD 246,650 123,3CK) 369,950 Page 12 conl1nL￿d... THE CAXTON YOUTH ORGANISATION Notes to the Financial Statements - continued for the Year Ended 31 March 2025 11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade debtors 1,065 8,022 12. CREOITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade creditors Social security and other taxes Other creditors (Charge Card) Accruals and deferred income Accrued expenses 691 5,675 1,914 3,207 2,290 5,251 5.936 1,932 6,578 1, 720 13.777 21,357 13. LEASING AGREEMENTS Minimum lease payments under nOn