COMPANY REGISTRAT1014 NUMBER . 04125056 FELIXSTOWE YOUTH DEVELOPMENT GROUP FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 CHARITY NUMBER: 1102380
FELIXSTOWE YOUTH DEVELOPMENT GROUP FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025 CONTENTS PAGE Members of the Board and professional advisers Trustees Annual Report Independent examiner's reportto the members Statement of financial activities Ilncluding income and expenditure account} Balance Sheet Notes to the financial statements 8-15
FELIXSTOWE YOUTH DEVELOPMENT GROUP TRUSTEES AND PROFESSIONAL ADVISERS Reglstered charity name Felixstowe Youth Development Group Charity number 1102380 Company registration number 04125056 Principal Address & Registered Office 2nd Floor 54 Cobbold Road Felixstowe Suffolk IPII 7EL Dirertors O Rowe S Wyatt M Townshend- Resigned 28April 2026 H Leveridge R Smithson R Darbyshire D Aitchison K Bowen L Bally - Appointed 21 October 2025 Chair D Rowe Vice Chair R Darbyshire Secretary S Wyatt- Resigned 3 July 2025 R Darbyshire- Appointed 3 July 2025 Treasurer M Townshend - Resigned 3 July 2025 S Wyatt- Appointed 3 July 2025 Project Manager S Hopkins Independent Examiner 8eatons Limited Chartered Accountants 7 Three Rivers Business Park Felixstowe Road Foxhall Ipswich IPIO OBF
FELIXSTOWE YOUTH DEVELOPMENT GROUP TRUSTEES ANNUAL REPORT YEAR ENDED 31 DECEMBER 2025 The Trvstees, all whom are Directors, for the purposes of Company Law. present their report and the independently examined financial statements of the Charity for the year ended 310ecember 2025. Reference and Administrative Details Reference and administrative details are shown in the schedule of Trustees and Professional Advisers on page l of the financial statements. The Trustees The Trustees who Served the company during the period were as follows.. D Rowe (also Director) S Wyatt (also Director) M Townshend lalso Director) D Aitchison lalso Director) H Leveridge (also Director) R Smithson (also Director) R Darbyshire (also Director) L Bally (also Director) K Bowen (also Dirertorl ointment of Trustees We have job descriptions for the roles and when looking to recruit new Trustees or Directors adopt several recruitment methods. These include direct approaches to those we know have the skills required and have shown an interest in the work, adverknsing via Chamber of Trade and Commerce. Rotary Club and other professional bodies. and placing a general advertisement. Any person interested in being a Trustee is interviewed as well as meeting with the Chair or Vice Chair and Project Manager so that they clearly understand the work we do and the commitment they are taking on. If after the interview and meeting, they remain interested their name is placed before the Management Board for approval. All Trustees undergo a D85 records check. Ob ectives of the Chari The Charity is a Company limited by guarantee and was incorporated 13 December 2(KJO. The Charity was established under a Memorandum of Association, which established the objectives and powers of the charitable company and is governed under its Articles of Association. Under those Articles, the members of the Management Board are elected at the Annual General Meeting. The Directors confirm that they have paid due regard to the Charity Commission's guidance on public benefit and have strived to ensure that the Charity's activities reflect this.
FELIXSTOWE YOUTH DEVELOPMENT GROUP Review of Activities The Company is a Charity established to provide youth services and activities for young people lage 7-251 primarily living in Felixstowe and the surrounding villages. Our town centre youth hub provides a safe environment where young people can meet with qualified youth workers. We promote the welfare of all young people through supportive relationships and positive experiences designed to enhance their personal and social developmerbt. Our target group is inclusive of young people disadvantaged in some way, or who have difficulties in their relationships with their peers, family. school or authority generally. We offer a varied programme of activities and social opportunities, together with one-to-one mentoring, counselling, information, advice and guidance on a number of issues. We work in many local schools and undertake outreach work. The past year has resulted in continuing the work with families of young people we are already working with. This year has seen the development of a music studio at our youth hub and the contracting of specialist workers to operate the service. This has resulted in reaching young people who had not previously been attending our services. We have also expanded our art offering to include a exhibition of young peoples work in a local art gallery We have received planning permission for a satellite centre in Felixstowe c105e to the sea front and are in the process of procuring the containers and equipment The Trustees have paid due regard to guidance issued by the Charity Commi55ion in deciding what activities the Charity should undertake. Investment Poli Under the Memorandum and Articles of Association, the Charity has the power to make any investments which the Trustees see fit. Achievements and rformance At 31 December 2025 the unrestricted funds were £44,980: the restricted funds were £174,572,. and funds totalled £219,552. Pro The Directors wish to record their continuing thanks to the staff and volunteers for their dedication to the project. Furbdraising has continued in-house with SUC5$ in raising numerous grants. including a number of large awards. Shez Hopkins continues as Project Manager. bringing vision and new ideas to the Project. The Project Manager is able supported by the Deputy Projett Manager who has taken on responsibility for certain aspect of the projert and the management of the staff for those areas The Project has had a very successful year. We have continued to target appropriate grant giving bodies & been successful in raising funds from a wide range of Trusts. public organisations and local organisations. We continue to provide a range of services to the young people in the Felixstowe area, tailored to meet their needs. In 2025, 833 different young people accessed our services, The total number of contacts was 8851, Level Two is highly regarded within the Community. Our programme of activities is responsive to the needs of young people. The organisation has a comprehensive set of policy documents reviewed in the past year covering all aspects of its operation, The Project continues to operate successfully from the Youth Hub in Cobbold Road.
FELIXSTOWE YOUTH DEVELOPMENT GROUP Future Strate Felixstowe Youth Development Group is the parent organisation which currently operates the Level Two Youth Project. We will continue to provide a wide range of services for young people. based upon their need5. In the next year we will look develop further the music project and open the satellite centre. We are also looking to develop further our work with young people not in school. education or training We are committed to encouraging the professional development of staff and volunteers. As funds permit, opportunities will be offered for training courses and conferences. In-house training is also cascaded to staff and volunteers. As in previous years the Directors are committed to ensuring we pay at least the Real Living Wage to all staff. In the coming year the Directors are committed to supporting the staff team and services provided at the Youth Hub. We will encourage other agencies working with young people to engage with us. The Directors and Management Board remain fully committed to the immediate and long-term future of Felixstowe Youth Development Group and Level Two Youth Project. Reserves Polic Designated reserves are represented by net current assets within the Unrestricted Funds of the Charity. Designated reserves ensure the resilience and sustainability of the Charity in such circumstances as when encountering: The Trustees will monitor the adequacy of reserves on a monthly basis in the context of operational plans and may amend the required level as appropriate in response to identr"h"ed changes either in the risk environment and/or their risk appetite. Trustees, res onsibilities in relation to the financial statements Company law requires the trustees to prepare tinancial statements for each financial year. which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure. of the charitable company for that period. In preparirbg these fi'nancial statements, 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 linantial statements on the goinE concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with 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 detection of fraud and other irregularities. Approved by the Dirertors and the Management Board on 16 June 2026 and are signed on their behalf bv.. D Rowe Director & Chair
FELIXSTOWE YOUTH DEVELOPMENT GROUP INDEPENDENT EXAMINER'S REPORTTO THE MEMBERS OF THE FELIXSTOWE YOUTH DEVELOPMENT GROUP YEAR ENDED 31 DECEMBER 20Z5 I report to the charity trustees on my examination of the accounts of the company for the year ended 31 December 2025 which are set out on pages 6 to 15. Responsibilities and basis of report As the charity trustees of the company land also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2(M)6 ACYI. 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 examinatiorb of your compan5 accounts as carried out under section 145 of the Charities Art 2011 I'the 2011 Att'l. In carrying out my examination I have followed the Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Independent examiner's ststement I have tompleted my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respert of the company as required by section 386 of the 2006 Act- or 2. the accounts do not accord with those records: or 3. the accounts do not comply with the accounting requirements of section 396 of the 2CKJ6 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 4. 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 lapplicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. 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. Beatons Limited Chartered Accountants 7 Three Rivers Business Park Felixstowe Road Foxhall, Ipswich IPIO OBF 16June 2026 J J Oakley F. C. A
FELIXSTOWE YOUTH DEVELOPMENT GROUP STATEMENT OF FINANCIAL ACTIVITIES {INCLUDING INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 31 DECEMBER 2025 Unrestricted Funds Restrirted Totsl Funds 2025 Total Funds 2024 Funds INCOMING RESOURCES Incoming resources from generating funds= Voluntary income Donations and Gifts Activitie5 for generating funds Fund-raising Income from charitable activities 3,411 5,012 8.423 14,802 754 754 Grants 25,167 2,363 399,387 424.554 2.363 354,588 2.545 Investment income TOTAL INCOMING RESOURCES 31.695 404.399 436,094 371,935 RESOURCES EXPENDEO Charitable activities 24,082 312,420 336.502 338,800 Governance costs 3.263 8,707 13,497 TOTAL RESOURCES EXPENDED 27,345 317,864 345,209 352,297 NET OUTGOING RESOURCES FOR THE THE YEAR / NET EXPENOITURE FOR THE YEAR 4,350 86,535 90,885 19,638 RECONCILIATION OF FUNDS Total funds brought forward 40,630 88.037 128.667 109.029 TOTAL FUNDS CARRIED FORWARD 44.980 174.572 219,552 128,667 The statement of Financial Artivities includes all gains and losses in the year and therefore a statement of total recognised gains and losse5 has not been prepared. All of the above amounts relate to continuing activities The notes on pages 8 to 15 form part of these financial statements
FELIX5TOWE YOUTH DEVELOPMENT GROUP BALANCE SHEET YEAR ENDED 31 DECEM8ER 2025 Note 2025 2024 FIXEO ASSETS Tangible assets 13.479 12,414 CURRENT ASSETS Debtors Cash at bank and in hand 1.522 459.694 461.216 1.328 158,470 159,798 CREDITORS: Amounts falling due within one year io 1255,1431 143.5451 NET CURRENT ASSETS 206,073 116,253 TOTAL ASSETS LESS CURRENT LIABILITIES 219,552 128,667 NET ASSETS 219,552 128,667 FUNDS Restricted income funds Unrestricted income funds 12 174.572 44,980 88,037 40.630 13 TOTAL FUNOS 219,552 128,667 For the financial year ended 31 Detember 2025 the company wa5 entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Trustees responsibilities= The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476- The trustees acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. These financial statements were approved by the D1CtOrS and Management Board on the 16 lune 2026 and are signed on their behalf by-. D ROWE Director Company registration Number- 04125056 The notes on pages 8 to 15 form part of these financial statements
FELIXSTOWE YOUTH DEVELOPMENT GROUP NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 310ECEM8ER 2025 I. ACCOUNTING POLICIES General information and basis of preparation The Charity is a Company limited by guarantee and has no share capital. The Charity is incorporated in England and Wale5. The addres5 of the registered office is 2nd Floor, 54 Cobbold Road. Felixstowe Suffolk. IPII 7EL. The company number is 04125056. The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable irb the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021, the Charities Act 2011. Companies Act 2006 and UK Generally Accepted Accounting Practice. The disclosure requirements of section IA of FR5102 have been applied other than where additional disclosure is required to show a true and fair view. The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £. The significant accounting policies applied in the preparation of these financial statements are set OLbt below. These policies have been consistently applied to all years presented unless otherwise stated. Pension costs The company operates a defined contribution scheme for the benefit of its employees. The costs of contributions are written off against profits in the year they are payable. Income recognition All incoming resources are included in the Statement of Financial Activities ISOFAI when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the incorne will be received Grants received A grant that is subject to performance-related conditions received in advance of delivering the servites required by that condition, or is subject to unmet conditions wholly outside the control of the charity, is accounted for a5 a liabilrty and is shown on the balance sheet as deferred income Deferred income is released to income in the reporting period in which the performance-related or other conditions that limit recognition are met.
FELIXSTOWE YOUTH DEVELOPMENT GROUP NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025 ACCOUNTING POLICIES Fixed assets All fixed assets are initally recorded at C05t. Depreciation Depreciation is calculated so as to write off the cost of an assets. less its estimated residual value, over the useful economic life of the asset as follows= Fixtures and Fittings Motor Vehicles Music Equipment 25% reducing balance 25% straight line 33% reducing balance Cash and cash equivalents Cash and cash equivalents are basic financial assets anf inculde cash in hand. deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. Provislons Provisions are recognised when the charity has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated. Flnancial instruments Basic financial instruments are recongised at amortised cost. except for investments in non- convertible preference and non-puttable ordinary shares which are measures at fair value, with changes recognised in profit or loss. Derivative financial instruments are initally recorded at cost and thereafter at fair value with changes recognised in profit or loss. VOLUNTARY INCOME Unrestricted Funds Restricted Funds Total Funds 2025 Total Funds 2024 DONATIONS Donations and Gifts 3.411 5,012 8,423 14,802 3.411 5.012 8,423 14,802
FELIXSTOWE YOUTH DEVELOPMENT GROUP NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEM8ER 2025 INVESTMENT INCOME Unrestricted Restrirted Funds Total Funds 2025 Total Funds 2024 Funds Bank interest receivable 2.363 2.363 2,545 CHARITABLE AcfiviTIES Unrestricted Fvnds Restricted Total Funds 2025 Total Funds 2024 Funds Gros5 Salarie5 and Pension Disclosure Barring Service Motor and Travel expenses Training Project Specific Expenses Building Utilities Cleaning Repairs Equipment Purchased Telephone and Fax Printing Postage and stationery Website and computer costs Advertising and recruitment Legal fees Miscellaneous 1.787 453 350 315 224,S94 226,381 453 5.514 1.081 63,119 13,846 7,172 3.908 1.794 5,500 309 262,072 114 5.164 766 8.461 826 3.236 4.154 2,491 2.399 1,694 1.650 309 59.883 9.692 4,681 1,509 100 25.572 15,818 6,737 2,418 702 4,286 434 15 6,430 509 2.020 2,386 3.850 2,085 247 2.085 247 2,181 2,912 2,181 2.912 24,082 312,420 336.502 338,800 GOVERNANCE COSTS Unrestricted Funds Restricted Fund5 Total Funds Total Funds 2025 2024 Independent Examination Fee Depreciation 3.010 253 3,010 5,697 2,242 11,255 3,263 8.707 13,497 io-
FELIXSTOWE YOUTH DEVELOPMENT GROUP NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEM8ER 2025 NET OUTGOING RESOURCES FOR THE YEAR This is stated after charging= 2025 2024 Depreciation 5.697 11,255 STAFF COSTS AND EMOLUMENTS Total staff costs were as follows: 2025 2024 Wage5 and Salaries costs Social Security Pension costs Other forms of employee benefits 201,309 11,088 12,925 1.059 235,575 13,807 11,788 902 Total 226.381 262,072 Particulars of employees: The average number of persons employed by the company during the year w35 as follows.. 2025 140. 2024 No. io 13 No employee received remuneration of more than £60.LN]O during the year12024- Nil) During the year the Charity made pension contributions totalling £12,92512024- £11,788) The number of directors for whom retirement benefits are accruing under defined contribution schemes amounted to Nil12024'. Nil) li-
FELIXSTOWE YOUTH DEVELOPMENT GROUP NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025 TANGIBLE FIXED ASSETS Music Equiprnent Fixtures & Fitting5 Motor Vehicles Total COST At l January 2025 Additions 13,087 6.762 53,470 62,764 129,321 6,762 At 31 December 2025 19.849 53,470 62,764 136,083 DEPRECIATION At l January 2025 Charge for the year 1.800 5.415 52,343 282 62,764 116,907 5,697 At 31 December 2025 7.215 52,625 62,764 122,604 NET BOOK VALUE At 31 Oecember 2025 12.634 845 13,479 At 31 December 2024 11.287 1,127 12,414 DE8TORS 2025 2024 Prepayments 1.522 1,328 1,522 1,328 10. CREDITORS: Amounts falling due within one year 2025 2024 Beach Street Development- Deferred Income Other accruals and Deferred Income 154,000 101,143 43,545 255,143 43,545 12-
FELIXSTOWE YOUTH OEVELOPMENT GROUP NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025 11. DEFERREO INCOME Under l Year Over l Year Total At I january 202S Additions during the year Released during the year 40,725 252.093 140.7251 40,725 2S2,093 140.7251 At 31 December 2025 252.093 252,093 Income has been deferred as income has been reiVed in advante of deliverinE the services required by that condition. or is subject to unmet conditions. IZ. RESTRICTED INCOME FUNDS Balance at Incoming rescources Outgoing resources Tran51er Balance at 31 Dec 2025 01 Jan 2025 Smaller indiwdual funds Music Room, Equipment and 5ession5 63.750 195.041 1109.8531 148.938 11.287 13.OCM) 40.203 138.8561 12,634 13.000 Awards for All Hardship Fund Post Code Lottery 16,131 22.5(M) 116,1311 122.5001 Big Lottery Fund- Reaching Communities Fund 130.524 1130.5241 88.037 404.399 1317.8641 174.572 The other Restricted Funds represent smaller donations and grants which are specified for particular purposes for the charity such as youth Work and salaries. Music Room, Equipment and sessions- Grants have been received for the purpose of buying music equipment and running sessions. Awards for All- A Grant has been received for the purchase of a container at Beach Street to h05t the music activities. This is currently undef construttion. Hardship- Grants have been received for the purpose of distribution to help with everyday costs Post Code Lottery- Grants received for the purSeS of providing youth work. Continuing instalments of the Big Lottery- Reaching Communities Fund were received during the year and are de518nated by the Fund for the area5 of Mentorin& Detached Youth Work and the Topic Room. 13-
FELIXSTOWE YOUTH DEVELOPMENT GROUP NOTE5 TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025 13. UNRESTRICTED INCOME FUNDS Balance at Incorning re5cource5 Outgoing resources Transfer Balance at 31 Dec 2025 01 Jan 2025 General Funds 40,630 31,695 127,3451 44,980 The General fesefves represent the free funds of the charity which are not designated for particular purposes. 14. ANALYSIS OF NET ASSETS BEfwEEN FUNOS 8ig Lottery- Reaching Communities Big Lottery- Youih Other Unrestricted Total Restricted General Investment Funds Fund Restricted Restricted Fund Fund Fund balances ai 31 DefftbeI 2015 are Yepresenied bv= Tangible fixed assets Net Current Assetslknabilities 264 12,634 161.938 501 13,479 206,073 12641 1801 44,479 Total Funds 174.572 44.980 219.552 OPERATING LEASE COMMITMENTS At the reporting date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases. as follows: ZOZ5 2024 Total 16. INDEPENDENT EXAMINERS REMUNERAnoN The independent examiners remuneration amounts to an independent examination fee of £3.010 12024.. £2.2421 and payroll services of £2.05712024 = 2.1151 14-
FELIXSTOWE YOUTH DEVELOPMENT GROUP NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025 17. TRUSTEES EXPENSES During the year no expenses or muneratIon was pai(1 to the trustees. 18. RELATEO PARTY TRANSACTIONS The remuneration of key management personnel is as follows = 2025 2024 Aggregate compensation 50,546 48,698 There are no related party transactions during the year12024- Nil) 19. POST BALANCE SHEET EVENTS Since the year end, a contract has been signed to construct and install the Beach Street development for a cost of £199,334. Included in deferred income a grants totalling £154,LKIO which have been received towards this Construction. -15-