COMPANY REGISTRATION NUMBER: 4623222 CHARI￿ REGISTRATION NUMBER: 1104207 YOUNG STEPS LTD Company Llmited by Guarantee Trustees Report and Flnancial Statements 31 March 2024 FRED MICHAEL & CO Chartered accountants 216 High Road Chadwell Heath Romford Essex UK RM6 6LS YOUNG STEPS LTD Company Limited by Guarantee Financial Statements Year ended 31 March 2024 Page Trustees, annual report (incorporating the directof s report) Independent examinerfs report to the trust88s 1-10 11 Statement of financial activities (including income and expenditure account) 12 Statement of financial position Notes to the financial statements 13 14.23 YOUNG STEPS LTD Company Llmited by Guarantee Trustees, Annual Report (Incorporating the Dlrectorfs Report> Year ended 31 March 2024 The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financlal statements of the charfty for ttte year ended 31 March 2024. Ref•renc• and admlnlstrative detalls Roglster•d charlty nar YOUNG STEPS LTD ChaAty registration number 1104207 Company rnglstratlon numb•r 4823222 Principal offlco and rngisterod 10A ROYAL PARADE office CHURCH STREET DAGENHAM RM10 9XB ESSEX Th• irustsos Mr FRANK AMBEI Ms ATESS GAKON4 Ms ROSLYN BRIGGS Ms EVA MBABAZI Ind•p8nd•nt •xamln•r Fred Mlchael & Co 216 Hlgh Road Chadwell Heath Romford Essex UK Rme eLS YOUNG STEPS LTD Company Llmlted by Guarantee Tru8toes' Annual Report (Incorporating the Dlrectof s Report) (conthu•dJ Year ended 31 March 2024 Structure, govemance and management Govemlng Document The organlsatlon Is a charftable company Ilmrted by guarantee, Incorporated on DEC 2002 8nd reglstered as a charity on 8 June 2004. The company was est8bllshed under the Company 8Ct 2005 and is govemed by rts Memorandum and Articles Of Association. In the event of the company belng wound up, Tnembers ale required to contribute an amount not exceeding £1, Board of Trustees The directors of the company are also charity trustees for the purposes of charity law and under the company's Articles are known as members of the board of trustees. Under the requirements of the Memorandum and Artlcles ofAssoclatlon Ihe members of the b08rd of trustees are elected at the AGM io administer the charity. The trustees glve their time voluntarity and recelve no benefits from the charlly. New trustees are Inducted lo famillarlse themselves wlth the charity and the context wlthin whlch It operates including main documenls which set out the operational framework for the charity such as the Memorandum and Articles and the latest published accounts Organlsatlonal 8tructur• To facilitate effedive operalions, the programme manager has delegated authortty, wtihin lemis of delegation approved by the trustees, for operatlonal matters including finance and employment. The charity also has a young people's board which acts as the voice of young people and gives dlrectlons on all matters of youth partlclpatlon and Involvement. Rlsk Manag•ment The board of trustees, on an annual basis, conducts a review of the major risks to which the charlty Is exposed, where approprlate plans are put in place to mltlg8le any rlsks the ch8rity m8y face. Procedures are Sn place to ensure compllance wKh heshh and safety, financlal management, chlkl protectlon and safeguarding. YOUNG STEPS LTD Company Limited by Guarantee Trustee8' Annual Report (Incorporating the Directof s Report) (¢ontth Year ended 31 March 2024 Objectlves and actlvities A. MAIN OBJECTIVE8 TO PROMOTE THE BENEFIT OF YOUNG PEOPLE, IN PARTICULAR BUT NOT EXCLUSIVELY OF AFRICAN AND CAR188EAN YOUNG 14lDMEN AND GIRLS, BETVEEN THE AGES OF 5 AND 25 YEARS IN THE UK AND ELSEblNERE, IN PARTICULAR TO PRESERVE AND PROTECT GOOD HEALTH. ADVANCE EDUCATION AND TRAINING RELIEVE POVERTY AND DISTRESS AND TO PROVIDE FACILITIES IN THE INTEREST OF SOCIAL VVELFARE FOR RECREATION ANO OTHER LEISURE-TIME ACTIVITIES B.THIS FINANCIAL YEAR'S GOAL8 IMPROVING MENTAL HE4LTH AND VbELL-BEING HEALTpifilVELLBEING INCLUDING PHYSICAL AVOIDING SOCIAL EXCLUSION IMPROVING LIFE SKILLS INCREASING OPPORTUNITIES FOR TRAINING, EMPLOYME￿ AND LEADERSHIP REDUCING FOOD POVERTY, HUNGER AND DISTRESS IMPROVING MOTIVATION, SELF-CONFIDENCE, SELF-ESTEEM IMPROVED OUTCOMES IN EDUCATION Actlvftl•$; In tttls financlal year our WOF* focused on dlsadvantaged and vulnerable young people (particularty but not exclusively black 9Srls) and thelr famllleslparents, experiencing the followlng dis8dv8niages: Vlciims of Abuse and domestlc vlolence In care andlor young runaways Experlencing food poverty and hunger Experience within the youthJustSce system Faced with mental health, body image and other well-being issues Victims of bullying andlor raci81 discriminationlmarginallsatlon. Young people wlih care responslbllitles. New migrants, refugees, andlor asylum seekers Experiencing food poverty and hunger To achieve our annually 58t goals, we undertook athivities surnrnarised below.. YOUNG STEPS LTD Company Limited by Guarantee Trustees, Annual Report (Incorporatlng the Directorfs Report) (eanthiu•d) Year ended 31 March 2024 Paid st8ff 85SlSted by peer and adutt volunteers popularty known as 'aunties' or'sisters, provlded the followlng se￿ice$ and activrtles. Health and well-belng support and advlce, Including slgnpostlng, escort and referral lo health￿e11- being practttioners and delivery points Recreational and soclal actlvitles such as muslc, networf(Ing, dance, sports, and outings Peer and interpeneratlonal group support eventslactivities Parents SUPPOrt, including foodlessentials provision. Educatlon. empSoyment, tralnlng and careersupport. Llfe skills workshopsnraining, Includlng food prep, healthy living, well-being, saletylconflict resolutlon, and reslll&nce Mentoring. Including peer menlortng and support. Strateglc report The followlng Se￿￿onS for achlevemenis and perfonnance and flnancl81 revlew fonn the strateglc report of the charity. YOUNG STEPS LTD Company Limited by Guarantee Trustees, Annual Report (Incorporating the Directofs Report) (conllnuodj Year ended 31 March 2024 Achievem•nts and perfomianc• Achlovement Outreach to corn beneficiari•$ .' through various in.house and outreachldetached methods, Includlng remotenelephone and face-to-face activlties, we reached apPr0￿MatelY 800 dlrect beneficlaries and 2400 indirect beneficiaries. predominantly young glrls and their families from disadvantaged Black communities Recrulted and traln•d mor• volunte•rs.' we were able to recrult a further 19 new adu volunteers and 12 Aunties. The 'Aunties' method provides culturally sensrtlve community- based mentorshlp by matchlng communlty Mother-￿Ure volunteers wrth dls8dv8ntaged young glrls to support them on varlous personal Issues Geographlc expanslon . we Identlfied a need to expand our actlvities to the nearby Haverlno borough as many of our past partlclpants In Barklng and Dagenham referred frtends from Haverfng. 193 beneficiaries were reached from Havering and other e8St London boroughs through outreach work to public p18ces where our target groups conoregate Organlsatlonal development we Incre8sed our org8nis8tional capacity by investing in.. developing professional networks, fundraising consultancy, m8rketino and organisatlonal development, bookkaeplng, remote worklng, HR and workforcelvolunteer development. Thls enabled us to increase our income, gain skills in recruiilnglrelaining stafflvolunteers, and Improve our governancelleadershlp and financ181 management At the end of Ihe year evaluatlon of our work with beneficlarles revealed the followlng:: 98% of b8neflclades reported reduced soclal Isolatlon and lonelln8SS 98% reported improved mental and physlcal health and welkbeing 91 % reported an Improved sense of communal belonging 98% registered wilh a GP andlor other heatth wactitloners 84% reported that they were able io avokl further physical abuse and stayed safe 94% reported improved life skills and abilltles to self-manage themselves and address personal Issues Independently, 80% reported to have made new friends 100% reported to feel much happler 52% reported to have Increased househobj income 84% reported to have secured employment , tralning or leadership position YOUNG STEPS LTD Company Limited by Guarantee Trustees. Annual Report {Incorporating the Directorfs Report) (eoniinimd) Year ended 31 March 2024 Flnanclal rnsult Results for the year ended 31 March 2024 are 9Sven In the Statement of Flnanci81 Activltles on page 12. The assets and liabilltles are given in the Balance Sheet on page 13. The financial statements shoukl be read in conjunction with the related notes which appear on pages 14 to 23. In summary, incoming resources amounted to £78,977 and resources expended tolalled £70,258, resutting in a net surplus for the period of £8721. The Net Reserves of the organisation as at 31 March 2024 was £31,270. Reserves Pollcy In line with our reserve pollcy. the charity has to hokl free unrestricted funds not commttted or invested in tangible fixed 8ssets equivalent to between 3 and 8 months of lis operating cost. Budgeted operatlng cost expendlture for 2024125 is expected to be £72,000, on a target range of £18,000 to £36,000. Our current free reserves of £22,000 Is Iherefore safe and withln the targel range of our reserve policy The charity remains commNted to advanclng Its mlsslon of supportlng young glrls and women aged 5-25 In 88rklng and Dagenham. In the comlng years, we aim to sustain and expand the core a￿1ville5 outlined above, coniingent on securlng appropriate funding and resources. A centr81 focus wlll be on deepening the Impact of our programs by bro8denlng our reach to underserved communltles and enhanclng the quallty of our servlces. We plan to strengthen partnershlps wlih local sch(iols, community organisations, and other stakeholders to create a more cohesive support network for the young glrls and women we serve. Securlng addoiional core funding will be crltical In achleving these goals. Volunteer recrultment and development wlll contlnue to be a prforrty. We are dedlcated to growlng our volunteer base and providing tailored training opportunities to empower volunteers, enabllng them to support existlng staff eff8Ctively 8nd take on leadershlp roles wrthin the organis8tion. Furthermore, the Gharily will actlvely explore Snnovative approaches and partnerships to address emerglng challenges faced by our beneficlarfes, ensuring ihat our servlces remaln relev8nt and Impactful. By fostering a culture of continuous Improvement and inclusivity, we wlll work toward creating long-term, sustainable change In the Ilves of those we serve. Governlng Document The oroanlsalion is a charttable company limited by guarantee, Incorporated on 20 DEC 2002 and registered as a charity on 8 June 2004. The company was est8blished under the companles act and is governed by its Memorandum and Artlcles Of Association. In the event of the company belng wound up, members are required to contribute an amount not exceedlng £1. Board of Trustees The company's directors also serve as ch8rity truslees in accordance wrth charfty law and. as outllned In the company's Articles, are referred to as members oflhe Board of Trustees. In line wlth the Memorandum and Articles of Association, trustees are elected 81 the Annual General Meeting (AGM) to oversee Ihe administration of the charity. They dedicate thelr time voluntarily and do not receive any financial benefrts from the organisation. New tmstees undergo an induciion proc6SS to help them become acquainted with the charity and Ks operating environmeni. This includes reviewing key governance docufflents, such SS the Memorandum and Articles ofAssociation, as well as the most recent publlshed fln8nGial accounts. YOUNG STEPS LTD Company Llmited by Guarantee Trustees, Annual Report (Incorporating the Directorfs Report) (¢onJnuodJ Year ended 31 March 2024 Organisation The programme m8n8ger has delegated authofity•4YNhin the parameters set by the trustees-to oversee key operational areas, includlng finance and employment. Supporting the organisation's day-to-day functions, a dedicated support worker and administrator assists wrth essential operatlons. Additlonally, the charity benefrts from a young people's comrnlttee, whlch serves as a representaiive volce for young individuals and Pfovldes guhdance on 8118spects of youth participatlon and engagement. Furthermore, the organisatlon Is gusded by 8 commltted and 8Ctlve four-person Board of Trustees, who 8re representatlve of our constituents and provide strategiG oversight and govemance to ensure the charity's mls51on is effe¢alvely fulfllled. Rlsk Manag•ment The Board of Trustees conducts an annual review to assess the malor risks faclng the charity and Implements appropriate plans to mltlgate these rlsks where necessary. Establlshed procedures are In place to ensure compllance wllh key areas such as health and safety, financlal management, child protectlon, and safeguarding. ec Ives dac vlti ObJectlve8: A. Main Objectivel To promote the benefft of young people, in p8rticular bjt not exclusively young women and glrfs of Afrfc8n and Caribbean background, between the ages of 5 and 25 years In the UK and elsewhere, in particular to preservo and protect good heamh, advance educatlon and tralnlng, relleve poverty and distress, and to provhae facllltles in the Interest ol soc181 welfare for recreatlon and other lelsure-tlme actlvltles. B. This financlal year's goals This past financial year. tho chartty remained focused on dellvering targeted support to young gifls and women aged 5-25 in London Boroughs of Barking & Dagenham and Havering, Our goals are designed to address the Immedlale and long-temi needs of our beneflclarles, enabllng Ihem to thrlve In their Ilves. These objectives reflect our commrtment to fostering resilience, promoting Inclusivity, and empowerlng young people to achieve thelr potentlal. Our main focus and goal included improvlng general heatth and welkbeing, includlng physical he8￿h and overall wellbeing. This, In tum, alms to address 8ssociated aspects of our beneflclarfes, Ilves, Includlng achieving the followlng objectives.. Avoiding soclal excluslon by promoting eng8oement and community belonglng Enhancing Ilfe skllls to foster independence and self-sufficiency Increasing opportunities for training, employment, and leadership development Reducing food poverty, hunger, and distress throuoh targeted support programmes Slrengthenlng motivatlon, self-confidence, arKJ self-esleem amongst beneficiaries Achieving improved outcornes in education to set the foundatlon for future SUCLess Aciivlties In thls flnanclal year, our work cenlred on supporting dbsadvantaged and vulnerable young people, particularly 818ck girls, aged 5-25, along with their famllies. Our beneficiaries face 8 r8nge of challenges that can severely impact their mental, physical, and social Wel￿being, including: Victims of abuse and domestic violence: Supportlng those 8t risk of domestic violence to help them avold abuse and report tt when It occurs. Young people at rlsk of homeles8ne88 andlor young runaways: Provkling a stable support network for those lacking secure f8mllylhome structures. YOUNG STEPS LTD Company Limited by Guarantee Trustees, Annual Report (Incorporatlng the Directo¢s Report) (con11￿j Year ended 31 March 2024 Experioncing food poverty and hunger: Addressing basic needs to reduce focKI insecurity by provision of food p8mlslvouchers. Involvement in the youth justice system: Offering pathways to reinteoration and positive futures for young people involved with youth Justlce challenges. Struggling wlth mental health, body Image, and wellthing issues: Promoting eM￿lOnal resilience and positive se￿-1Mage. Vlctims of bullying andlor racial di8crlminationlmarglnallsatlon: Creatlng safe spaces and advocating for equity and inclusion. Young carors with Ilgnificant re8ponsibilitio$: Supportlng those balancing caregiving roles wlth their own personal development. Naw mlgrant8, r•fugMs, andlor asylum 8•ek•rs: Asslstlng those navSgatlng unf8mlllar systems and cuftural identfty. To address these needs and achieve our annu81 go81s, we carried out the followlng activitles, wlth paid staff supported by adult and peer women volunteers whom we refer to as 'Aunties' Or'B￿ Slsters" respectivety.. 1. Health and w•ll4)•lng Support and advlc• Provldlng one-on-one and group support, slgnpostlng to healthcare sep41ces, and arranglng referrals and escort Se￿CeS to heatth praciltloners. o Adoresslng mental healih, body Image, and stress manaoemenl through workshops and Consu￿8110￿s. 2. R•cr•atlonal and social activiti08 Organising music, dance, sports, and outlngs to create opportunliles forjoy, connection. Improvlng physical healih, and stress relief. Buikllng social skills and fosterlng friendshSps withln a safe and Incluslve envlronment, 3. P•or and Intergeneratlonal group support •v•nt$ F8¢ilit8ting group sessions where young people can share expedences, seek 8dvlce, 8nd leam from peets and meniofs. Strengthening commLsnity bonds through Inteffjener8ti(Jnal dlalogue and actlvrties. 4. Parnntal support, Includlng food and •$sentlal$ provlslon Providing food parcels, essential supplies, and tailored advlce to help parents support their chlldren effectively. Runnlng parenting workshops focused on navlgating challenges and fostering posttlve family dynamics. 5. Education, employment, training, and career support Offering guldance and training lo improve academic perfomiance, secure employment, and access vocational opportunities. Supporting career exploration through mentorship and nehvorklno opportunlties. e. L5fe skllls workshops and training Dellvering sessions on food preparatlon, healihy Ilvlng, safety, Confli￿ resolutlon, and reslllence bullding. Equipping young people w61h practic81 skllls lor Independem Ilving 8nd personal growlh. 7, Menioring. including peor mentoring and support Pairing young peopte with mentors to provKle giJNd8nce, encouragement, and rol8 models for success. Empowerlng peer mentors to lead and Insplre through shared experfences. Through these activities, we conlinued to create safe, supportlve spaces for young people 8nd their familles, enabllng them to overcome challenges, build confidence, and unlock their full potential. YOUNG STEPS LTD Company Limited by Guarantee Tru8tees' Annual Report (Incorporating the Directors Report) (contlnuéd) Year ended 31 March 2024 1ovem•nt rformanc• This year, our charity h8s made svJnificant strides in supporting our core beneficiaries-young girls and thelr families from disadvantaged Black communrtles-through a range ol impactful programmes and outreach Initlatives. Below are the key highlohts of our achievements and their measurab5e outcomes.. Outreach to Core Beneflclarle8 Through a comblnatlon of word-of-mothh, detached, and OLrtreach methods, includlng remote, telephon8, and face-t¢>f8ce actlvltles, we dlreclly sUPP)rted approximately 800 beneficiaries and Indirectly reached over 2,400 beneficiaries. Our WO￿ priorltlsed young oirls faced with poverty and their families, provldlng vltal support to help them overcome thelr vulnerabilities and economlc challenges. Volunteer Recrumment and Development We successfully recruited and Irained a total of 19 new volunteers, Includlng 'Afrlcan Auntles., enhancing our abllity to deliver culturally sensMive mentorshiplsupport. The 'Aunties" Initiative Gontinued to be 8 cornerstone of our approach, pairing community mother-foure volunteers with disadvantaged young girls to gU￿￿e them through person818nd social challenges. Youth PartlCiP8tlon Development Overlhe past year, we have signlficantly enhanced youth participation within our organisation. We have empowered OLir beiieficiaries by provKling training programs that enable them to lead activities for younger peers, fostering leadership and mentorship skills amongst our youth. A(Jditionally, these Irained youth have actively engaged in outreach inrtl8tives lo atlr8Ct new beneficiaries, expandiiig our community reach. Regular meetings have been conducted where P8rticipanls discussed emerging challenges and brainstormed Poienlial solutions, leading to the development of new projects tailored to address these issues. These initiatives have not only bo15tered the confidence and Skills of our young memters but have also strenglhened the overall impact and siistainabilily of our programs. Organlsatlonal Development We contlnued to enhance our organisatlonal capaclty by Investing In key areas, including professional networking, fundraising consullanGy, bookkeeping. human resources, volunteer development, and remote working c8pabllrties. Baneflclary Outcomes and Impacl Our end-of-year evaluallons demonstrated oveThvhelmlngly posmive outcomes for the IndI￿dual$ and famllies we supported.. 980A of beneflcSarles reported reduced soc181 Isolatlon and lonellness. 980A reported Improvements In thelr mental and Physical health and welkbelng. 91% experlenced a slronger sense of communal belonglng. 96% reglstered wlth a GP or other heatth praditloners. 84% were able to avold further physical abuse and remalned safe. 940h reported improved life skills, enabling them to address personal issues more independently. 80% made new friends and expanded their supwrt networks. 86% expressed that they felt much happier overall. 62% reported an Increase in househokl food security. 64% secured employment, training, or le8deTship opportunities. These achievements refled the dedicatlon of our te8m, the resilience of our beneficiaries, and the power of our communlty-based, gender and culturally sensiti¥e approach to fostering lasting positive change. YOUNG STEPS LTD Company Llmlted by Guarantee Trustees, Annual Report (Incorporatlng the Directorfs Report) fwitlnu•d) Year ended 31 March 2024 Small company provlsions This report has been prepared in accordance with the provisions applicable to companies entiiled to the small companies, exemption. The trustees, annual report and the strategic report were approved on 9 October 2024 and signed on behalf of the board of trustees by.. Mr FRANKAMBEI Trustee 1Q YOUNG STEPS LTD Company Llrnlted by Guarantee Independent Examinerfs Report to the Trustees of YOUNG STEPS LTD Year ended 31 March 2024 I report to the tnJste6s on my exarninatlon of the finandal statements of YOUNG STEPS LTD (Ihe charlty,) for the year ended 31 March 2024. R•8pon$lbllltlo8 and baslg of roport As the tnjstees of th6 company (and also its directors for the purw88s of company law> you are responsible for the preparation of the financi81 statements in acc(xdance with the requirements of the Companies AGI 2006 ('the 2006 Act,). Havlng satisfl8d my38lf that the afxounts of tha company are not requlred to be 8Lxlit6d under Part 18 of the 2006 Aci and are 8llgible for Sndependent examination, I report in respect of my examination of the charity's accounts as carried out under section 145 of the Charfes Act 2011 ('the 2011 Act,). In carylng out my examlnation I have followed th• Dlrectlons glven by the Charlty Commlsslon under sectlon 145(5)(b) of the 2011 ACL Indftp•nd•nt examln•fs 8tat•mont I have completed my examinatSon. I confirrn that no matters have come to my attention In connectlon wllh the ax8mlnatlon glving me cause to belleve.. acxounting records were not képt In raspect of the charity as required by sectlon 386 of the 2006 ACL, or the ffinanci81 statements do not a￿Ord with those records; c the financlal Statements do not comply wtth the accounting requirements of se¢tk)n 396 of the 2Q06 Act other than any requirement that the a(£ounts glve a 'true and falf view whlGh 18 not a mattor COr￿[dered as part ol an indep6ndent examlnatlon; or the financlal ststernents have not been prep8rod In accordan¢8 with the methods and prlnclpl8s of the Statement of Recommended Practlce for aC￿UntIng and reportlng by charftSes applicable to charities preparlng their £ccounts in accordance wtth the Flnanclal Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters In connectlon wlth the examlnatlon to which attention should be dravm in this report in order lo enable a proper understanding of the acwunts to be reached. Independerrt Ex8min 216 Hlgh Road Chadwell Heat Romford Essex UK RM6 SLS EL OLTD TERED CERTIFIED ACCOUNTANTS 216 HIGH ROAD CHAOVIELL HEATH YOUNG STEPS LTD Company Limlted by Guarantee Statement of Financial Activities (Includlng Income and expenditure account) Year ended 31 March 2024 2024 Restricled funds Total fund• Total funds 2023 Unrestricted furvjs Income and endowmonts Donatlons and legacies Total In¢om• 5,500 5,500 73,477 73,477 78,977 52,105 52,105 78,977 Expendlturn Expenditure on charltable activities Total •xp8ndlturn 8,273 8,273 61,983 70,256 54,788 54,788 61,983 70,256 Not Incomel(expendlture) and net movement In funds (2,773) 11,494 8,721 (2,681) Reconcillatlon of funds Total funds brought fO￿ard Total funds carriod forward 78,299 75,528 78,300 26,374 23,892 11,495 87,021 The statement of flnancial actlvltles Includes all galns and losses recognlsed In the year. All Income and expendlture derlve from continuing activrties. Th• not•• on page• 10 to 18 form port of the10 flnanclal 8tAt•mènts. 12 YOUNG STEPS LTD Company Limited by Guarantee Statament of Financial Position 31 March 2024 2024 2023 Fixed assets Tanolble fixed assets 11 Currnnt assets Cash at bank and in hand 30,803 23.748 Credltor8: amounts falllng due wlthin one yur Net currnnt a8801$ 12 720 30,803 31,270 23,028 23,693 23,693 Toial assets less cuffent Ilabilities N•t assots 31,270 Funds of the charlty Restrlcted funds Unrestrlded funds 8,495 23.918 (2,999) 26,891 Total charlty funds 14 31,270 23,892 For the year endlng 31 March 2024 the ch8fity was entitled to exemptlon from audlt under sectlon 477 of th6 Companies A¢X 2006 relating io small companles. Directors, responsibllities.. The members have nol requlred the company to obtaln an audit of Its financlal statements for the year in questlon in accordance wlih sectlon 478. The dlreaors acknowledge their responsibllblies for complying wtth th8 requlrements oflhe Act wKh respect to accountlng records and the prep8rallon of flnanc181 stalements. These financlal statements have been prepared In accordance wlth the provlsions appllcable to companies subject to the small companies, regirne. These flnanclal statements were approved by Ihe board of trustees and 8Uthorlsed for Issue on 9 October 2024, and are sKJned on behalf of the board by.. Mr FRANK AMBEI Trustee 13 YOUNG STEPS LTD Company Limlted by Guarantee Statement of Financial Position Th• not•• on pag•• 10 to 18 fomi part of Ih••o flnanclal •tat•m•nts. 14 YOUNG STEPS LTD Company Llmlted by Guarantee Notes to the Flnanclal Statements Year ended 31 March 2024 General infomiation The charity is a public benefrt enttiy and a private company limited by guarantee, registered In England 8nd W81es and a registered charity in England and Wales. The address of the registered office Is 1 OA ROYAL PARADE, CHURCH STREET, DAGENHAM, RM10 9XB. ESSEX. 8tatement of compllance These financlal staiements have been prepared in fJ)mpllance with FRS 102, The Financial Reporting Standard appllcable In the UK and the Republic of Ireland,, the Statement of Recommended Pr8Cllce applicable to charities preparing thelr accounts In Sccordance with the Flnancial Reporting Standard appllGqble in the UK and Republic of Ireland (FRS 102) {Chariiies SORP (FRS 102)) and the Companies Act 2006, Accountlng pollcle• Bas1$ of pr•paratlon The financlal statements have been prepared on the hlstorical cost basis, as modlfied by the rev81uatlon of certaln financi81 assets and Ilabllltles and Investment pmpertles measured at falr value through Income or expendliure. The fln8ncl81 statements are prepared 5n sterllng, whlch is the functlonal currency ol the entlly. Golng concem There are no material uncertainties about the Char￿Y'S ablllty to conlinue. Dl8closur6 ex•mpiion• The entKy satisfies the crit6rla of being a qualifylng entity as defined In FRS 102. (a) No cash flow statement has been presented for the company.(b) Disclosures in respect of financial Instruments have noi been presented. Judgements and key $ourc•s of estlmallon unc•rtalnty The prep8ratlon of the financial statements requlres management to mako j￿1geMentS, eslimates and assumptions that affect the amounts reported. These estimates and judgements are continually rewewed and are based on experlence and other factors, includlng expectations of future events that are believed lo be ￿aSOnable under the circumstances, 16 YOUNG STEPS LTD Company Limited by Guarantee Notes to the Financial Statements (eorthwm¢ Year ended 31 March 2024 Accounting policies (¢ Net incomel(expendItu￿) Is slated aiier ChargIn￿(Cred￿lng). 2024 2023 Operating lease rentals 1,326 1,085 Staff costs The total staff costs and employee benefrts for the reportlng peritsj are analysed 8s follows.. 2024 2023 Wages 8nd salarles Soclal securfty costs Employer contributions to pension plans Other employee benefits 35,879 8,852 858 2,755 48.344 30,123 3,480 1,388 34,969 The average head count of employees during the y8arw8s NII (2023.. Nil). No employee recelved employee beneffts of more than £80,000 durlng the year (2023: Nir), 10. Trustse remunoratlon and •xp•n$es no remuneration or other benefrts from employment wtth the chafity or a related entity were received by the trustees., 21 YOUNG STEPS LTD Company Limited by Guarantee Notes to the Financlal Statements (eontkn Year ended 31 March 2024 11. Tangible tlxed a•sets Flxtures and fftting• Cost At 1 April 2023 and 31 March 2024 Depreclatlon At 1 April 2023 and 31 March 2024 Carrylng amount At 31 March 2024 11,706 11,039 At 31 M8rch 2023 12. Cr•dltorn: amounts falllng du• wfthln one y•ar 2024 20rJ Accruals and deferred income 720 13. Penslons and other post rntirnment benents D•fined contrlbutlon plan• The amount recognlsed In income or expenditure as an expense in relation to deflned contrlbution plans was £858 (2023; £3.460). 14. Analysls ol charllablefund$ Unr•8trlcted fund8 At 31 March 202 At 1 Aprll 2023 Income Expenditure General funds 28,891 S,500 (8,273) 23,918 78,299 5,500 (8,273) 23,918 At 31 March 202 At 1 April 2022 Income Expenditure General funds G8rfleld- Foundatlon 26,373 4,178 (3,860) 28,691 26,373 4,178 (3,860) 26,691 22 YOUNG STEPS LTD Company Llmlted by Guarantee Notes to the Financial Ststements I￿n￿rn Year ended 31 March 2024 14. Analysls of charitable funds (cothu Restrlcted funds At 31 March 202 At 1 Aprll 2023 Income Expenditure General Funds Rosa Fund Awards For All Post Code Fund King 8audouln FoundatK)n UK Youth {3.OCO) 20,440 32,818 10,000 (14,255) (29,498) (9,399 ) 3,185 3,120 8,119 4,300 (4,531) (4,300 1,588 (2,999) 73,477 (81,9831 8.494 At 31 March 202 At 1 Aprbl 2022 Incorne Expendtture General Funds- Prepayments Restricted Fund 2 - desc In alcs Restrlcted Fund 3 - de￿ In alc Post Code Fund ROI-88udouin Health Forum Restdcted fund 10 - desc In alc5 47,927 (50,9271 (3,000) 47,927 (50,9271 (2,999)