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← Copenhagen Youth Project

2025-03-31-accounts

REGISTERED COMPANY NUMBER: 04229324 (England and Wales) REGISTERED CHARITY NUMBER: 1091001

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

COPENHAGEN YOUTH PROJECT

COPENHAGEN YOUTH PROJECT

CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 MARCH 2025

Page
Report of the Trustees 1 to 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9 to 10
Notes to the Financial Statements 11 to 19
Detailed Statement of Financial Activities 20

COPENHAGEN YOUTH PROJECT

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 Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Aims & Objectives

Copenhagen Youth Project (CYP) is a unique youth project working in partnership with young people to create and sustain a positive youth culture that inspires children and young people to plan, initiate and lead their own projects. Through Sports, Arts, Mentoring and Culture CYP engage and progress children and young people providing education, training and support, helping to raise achievement and levels of aspiration.

We challenge and support young people of diverse backgrounds from the age of 7 through to 25, supporting their individual learning and personal development. All activities are carefully planned to ensure that they are not simply diversionary, but act as a vehicle for focused work providing progression and helping young people to develop skills, access learning and provide pathways to training and work opportunities.

The young people we work with, include those who are vulnerable, excluded or at risk of offending. CYP bring together different groups of young people, encouraging, and teaching them to work together and understand differences, raising both awareness and tolerance.

We aim to involve young people in the development of their local community. We are located in the North Kings Cross area of London. This is an area of both long-term high deprivation and affluence, with regeneration now at its core. We collaborate with commercial businesses and local organisations planning projects for young people strengthening our provision, community cohesion and the impact of regeneration on the wider community.

Public Benefit

The Trustees consider the Charity Commission guidance on public benefit and consider that the activities of the Charity meet its objectives and provide a benefit to the public

Page 1

COPENHAGEN YOUTH PROJECT

REPORT OF THE TRUSTEES for the Year Ended 31 MARCH 2025

ACHIEVEMENT AND PERFORMANCE Activities and Project Director's Report

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Overview for period
Number of sessions 520
Total attendance over period 4742
Average attendance per session 9
TOTAL YOUNG PEOPLE 375
New members for this period 190
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Highlights for the year - Member Outcomes:

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Recorded Outcomes No. %
Understood the impact of sleep, food, physical activity,
interaction and relaxation on their wellbeing and
understanding of mental health. 288 77%
Increase the number of people in education, employment or
training (NEET) 259 69%
Increase awareness of different cultures and ethnic groups 248 66%
Social and Community development. Supporting Staff and
young people. 192 51%
Improved their understanding of wellbeing & their feelings 189 50%
Increased engagement 198 53%
Reduce anti-social behaviour/violence. Managed their own
behaviour 118 31%
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Case Study highlights for the year (names have been changed):

Youth Mentor, Rugby Player, Soldier: Meet Private Green

A young man joined our youth club at 14, quickly becoming a positive presence and youth mentor. Alongside his commitment to CYP, he excelled as a talented rugby player. After exploring construction, he found his true calling in the British Army, where he proudly serves as Private Green of the Royal Logistic Corps. It was the unwavering support of CYP that helped him achieve this remarkable transformation. He earned top honours as Best Recruit and Best PT, a testament to his discipline and leadership. Now a Petroleum Operator, Private Green continues to thrive, aspiring to join the Army Rugby Club. His journey is a powerful example of transformation through determination and support. We're incredibly proud of him!

Empowering Frank's New Path

Frank, a long-time member, faced self-doubt about his basketball dreams. Our Employability Youth Workers provided 18 months of dedicated support, helping him explore options and regain confidence. With our guidance, Frank, who had a previous interest in construction, has now enrolled in an electrical installation program, excited to begin training as an electrician. His journey highlights our commitment to helping young people believe in themselves and make confident choices for their future.

Supporting Sally's Well-being and Ambition

Sally, a passionate young musician and role model, struggled to find fulfilling work in the creative industries. When a security guard course left her disengaged and withdrawn due to her ADHD, our team quickly noticed. Thanks to the trusting relationships she built over eight years, Sally felt safe to open up, leading to vital one-to-one support through our Elevate Mental Health and Wellbeing program. This ongoing support helps her manage challenges, stay engaged in her course, and build resilience for a more hopeful future.

Annual Report 2024/25

Connecting & Thriving: Our Core Youth Programs Youth Club

Page 2

COPENHAGEN YOUTH PROJECT

REPORT OF THE TRUSTEES for the Year Ended 31 MARCH 2025

Our Youth Club remains a vital hub where young people connect, access essential information, and receive tailored support. This year, we're thrilled to report a significant increase in engagement, particularly from participants of our football program who are now regularly utilising the full range of CYP's services and activities. An informal cooking program has deepened the sense of community, reinforcing the warm, homely, and safe environment that many young people seek. Our trauma-informed approach continues to be fundamental, enabling our team to build and maintain long-term, constructive relationships with young people, fostering trust and resilience.

Sports & Teamwork: Football & Basketball

Weekly Sessions

Our popular Football and Basketball sessions continue twice a week, deeply embedded in the heart of the community. Young people regularly participate in local tournaments, including the prestigious Warren Cup and the Peace Cup, showcasing their skills and sportsmanship. We're excited to have recruited a dedicated Basketball coach who is building a competitive team to enter a community league. Their progress is already evident, with a fantastic run to the final four in the recent London Youth Basketball tournament!

Market Road Men's League

CYPFC, our men's team in the Market Road League, achieved an outstanding season, clinching the Second Division title, remaining unbeaten over the entire nine-month period. This young squad, with most players under 22, has matured remarkably over three seasons, growing both as individuals and as a cohesive unit. Their recent presentation evening truly highlighted the strong community of young footballers we've cultivated, celebrating their camaraderie, friendships, and the sheer joy of a fantastic season.

Community Engagement: The Baller League & Partnerships CYP Community Ballers League

A standout initiative this year was the creation and management of 'The Baller League' by our dedicated CYP Youth Worker/Football Coach. This ambitious league invited nine local Youth Clubs and unregistered football teams to participate, bringing together between 100 and 150 young people who converged on Barnard Park every Monday for nine weeks. The energy was electric, with youth leaders from participating clubs fully engaged, ensuring the smooth running of the matches. The league culminated in a fiercely competitive finish, with Al Bayaan emerging as winners by a single point after nine thrilling weeks of football. Generously financed by the Young Islington Grant, we're now planning a direct follow-up knockout tournament over the summer to maintain this incredible engagement and motivation.

No More Red Campaign

As an ongoing charity partner of the Arsenal 'No More Red' campaign, we proudly awarded nine iconic white shirts this year. These shirts were presented to young people and adults who have shown exceptional support for CYP or made a significant positive impact on the local community, recognizing their vital contributions to peace and safety.

Enriching Experiences: Activities & Projects Highlights

- Employability: In partnership with Fourth Monkey Drama School, we organized an impactful drama workshop day, offering young people the chance to hone their performance skills, train with professional actors, and enhance their portfolios.

- Music and Recording Studio: Significant updates to our equipment and programming have made music sessions more dynamic and productive, fostering creativity and skill development throughout the year.

- Cally Festival: For the second consecutive year, CYP proudly served as the accountable charity for the hugely successful Cally Festival. Our Youth Stage, entirely curated and managed by young people from CYP, was a major highlight and a testament to their talent and dedication.

- We Out Here Festival: In August, eight young people and three staff embarked on an enriching three-day camping trip to the We Out Here festival. This was CYP's fourth visit, and each year interest continues to grow, with activities developing thanks to the ongoing support of 'We Out Here'.

- School Transitions Work: In the latter half of the year, CYP partnered with Vittoria Primary School to deliver daytime football sessions, a proactive initiative aimed at improving school attendance and engagement.

Page 3

COPENHAGEN YOUTH PROJECT

REPORT OF THE TRUSTEES for the Year Ended 31 MARCH 2025

- Snow Camp: Four young people participated in the challenging Snow Camp program, successfully passing the first stage of a coaching course and gaining valuable new skills.

- Wales Trip: A group of young people and a Youth Worker travelled to Wales for an adventurous trip, conquering Snowdonia and enjoying refreshing swims in its natural springs.

FINANCIAL REVIEW

Financial position

The charity's funding comes from various funders and has increased its sources of funding over time, in line with our three-year fundraising strategy.

For the year ended 31 March 2025, CYP had a total income of £322,435 (2024 £450,556) and a total expenditure of £353,819 (2024 £393,520) resulting in a net deficit in funds for the year of £31,384 (2024 surplus: £57,036) which we covered by utilising the restricted funds carried over from the previous year.

Reserves Policy

The Trustees have examined the Charity's requirements in the light of the main risks to the organisation. It has an established policy whereby unrestricted funds not committed or invested in tangible assets held by the charity should cover at least 3 months operating costs including staff salaries.

As of 31 March 2025, our unrestricted reserves stand at £55,380, a significant increase from £21,314 last year. While we have made excellent progress, this figure still falls below our reserves policy requirements. The Trustees' strategy is to continue this positive trend and build reserves through planned operating surpluses in the coming year.

The restricted funds at the end of the year stood at £84,720 (2024: £150,170), representing grants received in 2024/25 for specific charitable purposes but for which the related expenditure will be incurred in a later financial year.

Note: Funding from the National Lottery Community Fund is restricted income for the Therapeutic Youth Programme that sits within all our projects

LOOKING AHEAD - 2025/26

Planned Activity for Summer 2025

Our summer promises another packed calendar of engaging activities designed to build skills, foster teamwork, and create lasting memories:

This coming year, we are driven by a profound commitment to significantly improve the level of wellbeing and mental health support available for young people. Our strategic focus will be on addressing the areas that most profoundly impact young people's lives. We aim to develop structured, realistic, and easily accessible solutions that will genuinely enhance the quality of life for those young people in greatest need, ensuring they have the tools and support to thrive.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

Copenhagen Youth Project (CYP) is a charitable company limited by guarantee incorporated on 6 June 2001 and registered as a charity in March 2002. Its governing documents are the Memorandum and Articles of Association.

Page 4

COPENHAGEN YOUTH PROJECT

REPORT OF THE TRUSTEES for the Year Ended 31 MARCH 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Recruitment and Appointment of the Trustees

The directors of the company are also charity trustees for the purposes of charity law and under the company's Articles of Association, the trustees are known as members of the management committee. The trustees include a diverse balance of people with professional skills who are all volunteers and are elected annually.

The trustees recognise the importance of increasing the diversity of the trustee board to be more representative of CYP's membership and staff.

Organisational Structure

The Trustees meet quarterly, as CYP's management committee, with the responsibility for policy and overall management. The Chief Executive Officer is responsible for day-to-day running of the project, managing the team of part-time staff, with support from the Company Secretary who is also the Chief Operating Officer.

Trustee Induction and Training

All trustees are familiar with the educational and preventative work of the charity. In addition, at committee meetings they are familiarised with the practical work of the charity with children and young people and the context within which it operates. They are provided with an induction pack which sets out

Statement of Compliance with The Charity Governance Code

The update to the Charity Governance Code in December 2020 has meant that there are new requirements and standards for charities to aspire towards, particularly in the area of equity, diversity and inclusion. Whilst these guidelines are not legal requirements, CYP recognises the importance of the application of the Code to its practices and duties. The charity continues to strive towards key principles such as organisational purpose, leadership, integrity, equity and diversity through its governance and practices. CYP is compliant with the Code by following its guidelines for best practice, except in a few areas where it continues to strive towards compliance.

Policies & Procedures

CYP abides by LBI and statutory policies on Health & Safety, Safeguarding/Child Protection, GDPR, E-Safety and Equal Opportunities. Other policy documents include confidentiality, staff discipline, complaints, recruitment, volunteering and mentoring. Policies have recently been updated and are regularly reviewed.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

04229324 (England and Wales)

Registered Charity number

1091001

Registered office

172 Copenhagen Street Islington London N1 0ST

Page 5

COPENHAGEN YOUTH PROJECT

REPORT OF THE TRUSTEES for the Year Ended 31 MARCH 2025

Trustees

T R Vos N Chouksey Treasurer L Bailey D Sat S King K D Dufrene R Haynes S Lakhani Chair (appointed 18.6.24)

Company Secretary T Thomas

Bankers Barclays, Leicester LE87 2BB

Management Team

Stephen Griffith Chief Executive Officer Theo Thomas Chief Operating Officer

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

........................................................................ T Thomas - Secretary

Page 6

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF COPENHAGEN YOUTH PROJECT

Independent examiner's report to the trustees of Copenhagen Youth Project ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  3. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Maurice Brindley BSc FCA

Date: .............................................

Page 7

COPENHAGEN YOUTH PROJECT

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) for the Year Ended 31 MARCH 2025

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
97,703
Investment income
3
2,519
Total
100,222
EXPENDITURE ON
Charitable activities
Youth Activities
176,156
NET INCOME/(EXPENDITURE)
(75,934)
Transfers between funds
10
110,000
Net movement in funds
34,066
RECONCILIATION OF FUNDS
Total funds brought forward
21,314
TOTAL FUNDS CARRIED FORWARD
55,380		 Restricted
funds
£
233,163
-
233,163
188,613
44,550
(110,000)
(65,450)
150,170
84,720		 31.3.25
Total
funds
£
330,866
2,519
333,385
364,769
(31,384)
-
(31,384)
171,484
140,100		 31.3.24
Total
funds
£
448,723
1,833
450,556
393,520
57,036
-
57,036
114,448
171,484

The notes form part of these financial statements

Page 8

COPENHAGEN YOUTH PROJECT (REGISTERED NUMBER: 04229324)

BALANCE SHEET 31 MARCH 2025

Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
8
5,266
CURRENT ASSETS
Cash at bank and in hand
51,476
CREDITORS
Amounts falling due within one year
9
(1,362)
NET CURRENT ASSETS
50,114
TOTAL ASSETS LESS CURRENT
LIABILITIES
55,380
NET ASSETS
55,380
FUNDS
10
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
funds
£
-
84,720
-
84,720
84,720
84,720		 31.3.25
Total
funds
£
5,266
136,196
(1,362)
134,834
140,100
140,100
55,380
84,720
140,100		 31.3.24
Total
funds
£
2,121
174,971
(5,608)
169,363
171,484
171,484
21,314
150,170
171,484

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

continued...

Page 9

COPENHAGEN YOUTH PROJECT (REGISTERED NUMBER: 04229324)

BALANCE SHEET - continued 31 MARCH 2025

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:

............................................. S Lakhani - Trustee

............................................. N Chouksey - Trustee

The notes form part of these financial statements

Page 10

COPENHAGEN YOUTH PROJECT

NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 MARCH 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements and assessment of going concern

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

The financial statements are presented in sterling (£).

Critical accounting judgements and key sources of estimation uncertainty

In preparing financial statements it is necessary to make certain judgements, estimated and assumptions that affect the amounts recognised in the financial statements. The following judgements and estimates are considered by the trustees to have most significant effect on amounts recognised in the financial statements.

Useful economic life of tangible fixed assets:

The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are reassessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, future investments, economic utilisation and the physical condition of the assets.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 33% on cost Computer equipment - 33% on cost

Taxation

The charity is exempt from corporation tax on its charitable activities.

Debtors

Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid.

Cash at bank and in hand

Cash at bank and in hand includes, cash, current and deposit bank accounts.

Creditors

Creditors are recognised where the charity has a present obligation resulting from a past event that will result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are recognised at their settlement amount.

continued...

Page 11

COPENHAGEN YOUTH PROJECT

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 MARCH 2025

1. ACCOUNTING POLICIES - continued

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Financial instruments

The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2. DONATIONS AND LEGACIES

Donations
Grants
Donated services and facilities		 31.3.25
£
2,864
317,052
10,950
330,866		 31.3.24
£
47,386
395,897
5,440
448,723

Donated Goods and Services

The trustees would like to thank all those who generously donated goods and services during the year. These donations, which ranged from window cleaning to event tickets and music equipment, amounted to £10,950 (2024: £5,440).

continued...

Page 12

COPENHAGEN YOUTH PROJECT

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 MARCH 2025

2. DONATIONS AND LEGACIES - continued

Grants received, included in the above, are as follows:



The Arsenal Foundation

Big Lottery Fund

Cally Festival

Charles French Charity

Charles Haywood

Chesterhill Charitable Trust

Cloth Workers Foundation

CPP Investments

DV5 Properties

Emma Kella

Garfield Weston Trust

Go London

Girdlers Charitable Trust

Henry Smith Foundation

Islington Faiths - Forum

Isledon Arts

Jack Petchey Foundation

LBI - Cally Festival

London Borough of Camden

London Borough of Islington - Youth Club

London Community Foundation

Morris Charitable Trust

Paul Hamlyn

Post Code Society Trust - Football 4 Life

Sarah Ainslie

Sported Foundation

Other grants


3.
INVESTMENT INCOME
Deposit account interest		 31.3.25
31.3.24
£ £
1,000
-
94,879
176,583
4,365
-
3,000
2,500
10,000
-
1,000
1,000
-
4,500
-
5,000
-
2,000
-
20,048
-
25,000
6,614
12,728
5,500
5,000
54,250
50,650
1,630
-
-
2,000
1,800
1,200
37,500
26,000
350
-
27,118
27,118
10,000
10,000
-
17,500
12,500
-
25,000
-
-
5,000
2,000
-
18,546
2,070
317,052
395,897
31.3.25
31.3.24
£
£
2,519
1,833		 31.3.25
31.3.24
£ £
1,000
-
94,879
176,583
4,365
-
3,000
2,500
10,000
-
1,000
1,000
-
4,500
-
5,000
-
2,000
-
20,048
-
25,000
6,614
12,728
5,500
5,000
54,250
50,650
1,630
-
-
2,000
1,800
1,200
37,500
26,000
350
-
27,118
27,118
10,000
10,000
-
17,500
12,500
-
25,000
-
-
5,000
2,000
-
18,546
2,070
317,052
395,897
31.3.25
31.3.24
£
£
2,519
1,833
31.3.24
£
1,833

continued...

Page 13

COPENHAGEN YOUTH PROJECT

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 MARCH 2025

4. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.3.25 31.3.24
£ £
Depreciation - owned assets 1,908 1,750
Independent Examination Fee 2,040 2,070

5. TRUSTEES' REMUNERATION 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.

The charity consider its key management personnel to comprise the trustees,and the senior management team. Total remuneration for key personnel in the year was £101,701 (2024: £92,662) .

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

6. STAFF COSTS

The average monthly number of employees during the year was as follows:

31.3.25 31.3.24
All Staff 7 7

No employees received emoluments in excess of £60,000.

7.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
130,015
Investment income
1,833
Total
131,848
EXPENDITURE ON
Charitable activities
Youth Activities
165,382
NET INCOME/(EXPENDITURE)
(33,534)
Transfers between funds
(7,134)
Net movement in funds
(40,668)
RECONCILIATION OF FUNDS
Total funds brought forward
61,983		 Restricted
funds
£
318,708
-
318,708
228,138
90,570
7,134
97,704
52,465		 Total
funds
£
448,723
1,833
450,556
393,520
57,036
-
57,036
114,448

continued...

Page 14

COPENHAGEN YOUTH PROJECT

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 MARCH 2025

7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
funds funds funds
£ £ £
TOTAL FUNDS CARRIED FORWARD 21,315 150,169 171,484
8. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£ £ £
COST
At 1 April 2024 1,444 25,766 27,210
Additions - 5,053 5,053
At 31 March 2025 1,444 30,819 32,263
DEPRECIATION
At 1 April 2024 1,444 23,645 25,089
Charge for year - 1,908 1,908
At 31 March 2025 1,444 25,553 26,997
NET BOOK VALUE
At 31 March 2025 - 5,266 5,266
At 31 March 2024 - 2,121 2,121
9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£ £
Social security and other taxes (470) 3,304
Other creditors (209) 264
Accrued expenses 2,041 2,040
1,362 5,608

continued...

Page 15

COPENHAGEN YOUTH PROJECT

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 MARCH 2025

10. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Restricted funds
Youth Clubs
Therapeutic, Employability, Mentoring
and Volunteer Projects
Football
Events & Trips
TOTAL FUNDS
Net movement in funds, included in the above are
Unrestricted funds
General fund
Restricted funds
Youth Clubs
Therapeutic, Employability, Mentoring
and Volunteer Projects
Football
Events & Trips
TOTAL FUNDS		 At 1.4.24
£
21,314
129,364
16,575
4,231
-
150,170
171,484
as follows:		 Net
movement
in funds
£
(75,934)
(927)
43,695
240
1,542
44,550
(31,384)
Incoming
resources
£
100,222
58,853
78,753
38,114
57,443
233,163
333,385		 Transfers
between
At
funds
31.3.25
£
£
110,000
55,380
(58,000)
70,437
(52,000)
8,270
-
4,471
-
1,542
(110,000)
84,720
-
140,100
Resources
Movement
expended
in funds
£
£
(176,156)
(75,934)
(59,780)
(927)
(35,058)
43,695
(37,874)
240
(55,901)
1,542
(188,613)
44,550
(364,769)
(31,384)

continued...

Page 16

COPENHAGEN YOUTH PROJECT

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 MARCH 2025

10. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
Restricted funds
Youth Clubs
Therapeutic, Employability, Mentoring
and Volunteer Projects
Football
Events & Trips
TOTAL FUNDS		 At 1.4.23
£
61,983
-
52,465
-
-
52,465
114,448		 Net
movement
in funds
£
(33,535)
129,364
(35,890)
4,231
(7,134)
90,571
57,036		 Transfers
between
funds
£
(7,134)
-
-
-
7,134
7,134
-		 At
31.3.24
£
21,314
129,364
16,575
4,231
-
150,170
171,484

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Youth Clubs
Therapeutic, Employability, Mentoring
and Volunteer Projects
Football
Events & Trips
TOTAL FUNDS		 Incoming
resources
£
131,848
205,586
23,655
64,419
25,048
318,708
450,556		 Resources
Movement
expended
in funds
£
£
(165,383)
(33,535)
(76,222)
129,364
(59,545)
(35,890)
(60,188)
4,231
(32,182)
(7,134)
(228,137)
90,571
(393,520)
57,036

continued...

Page 17

COPENHAGEN YOUTH PROJECT

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 MARCH 2025

10. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Restricted funds
Youth Clubs
Therapeutic, Employability, Mentoring
and Volunteer Projects
Football
Events & Trips
TOTAL FUNDS		 At 1.4.23
£
61,983
-
52,465
-
-
52,465
114,448		 Net
movement
in funds
£
(109,469)
128,437
7,805
4,471
(5,592)
135,121
25,652		 Transfers
between
funds
£
102,866
(58,000)
(52,000)
-
7,134
(102,866)
-		 At
31.3.25
£
55,380
70,437
8,270
4,471
1,542
84,720
140,100

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Youth Clubs
Therapeutic, Employability, Mentoring
and Volunteer Projects
Football
Events & Trips
TOTAL FUNDS		 Incoming
resources
£
232,070
264,439
102,408
102,533
82,491
551,871
783,941		 Resources
Movement
expended
in funds
£
£
(341,539)
(109,469)
(136,002)
128,437
(94,603)
7,805
(98,062)
4,471
(88,083)
(5,592)
(416,750)
135,121
(758,289)
25,652

continued...

Page 18

COPENHAGEN YOUTH PROJECT

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 MARCH 2025

10. MOVEMENT IN FUNDS - continued

Fund Descriptions

Youth Clubs - four regular sessions a week as well as girls club and outreach work. We provide a range of activities including, cooking, music, basketball, fitness workouts and various workshops including photography & film making.

Therapeutic, Employability, Mentoring and Volunteer Projects - The Therapeutic, Mentoring and volunteer programme supports all CYP sessions. The Employability advice is a drop in service that takes place twice a week for support with CV writing, apprenticeship and employment applications.

Football - Four regular weekly football sessions throughout the year, including matches and tournaments.

Events & Trips - Highlights of this year's half term trips:

Community Engagement: a 4-day camping music festival and Cally Festival Youth Stage.

Outdoor Adventures: Snow Camp and Wales Trip.

Wellness Activities : Yoga, keep fit and Ride sessions.

11. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2025.

Page 19

COPENHAGEN YOUTH PROJECT

DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 MARCH 2025

DETAILED STATEMENT OF FINANCIAL ACTIVITIES
for the Year Ended 31 MARCH 2025
31.3.25 31.3.24
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 2,864 47,386
Grants 317,052 395,897
Donated services and facilities 10,950 5,440
330,866 448,723
Investment income
Deposit account interest 2,519 1,833
Total incoming resources 333,385 450,556
EXPENDITURE
Charitable activities
Wages 210,276 209,651
Social security 14,071 13,258
Pensions 5,983 5,946
Premises 2,175 2,820
Insurance 3,738 3,863
Office costs 10,249 16,954
Training 165 198
Activity costs 98,759 111,456
Travel 1,102 -
Bank charges & interest 819 67
Volunteers expenses - 180
Repairs and cleaning 8,926 20,084
Premises/Room Hire/Pitch Hire 4,468 240
Furniture and Equipment 26 5,000
Fixtures and fittings - 491
Computer equipment 1,908 1,259
362,665 391,467
Support costs
Governance costs
Accountancy and legal fees 2,104 2,053
Total resources expended 364,769 393,520
Net (expenditure)/income (31,384) 57,036

This page does not form part of the statutory financial statements

Page 20