BYHP (SUPPORTING YOUNG PEOPLE IN HOUSING NEED)
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2024
Charity Number 1115514
Company Number 05722118

BYHP (SUPPORTING YOUNG PEOPLE IN HOUSING NEED)
INDEX
Page
General Information
Trustees, Report
Independent Examiner's Report
Statement of Financi81 Activities
10
Balance Sheet
Statement ot Cash Flows
12
Comparative Statement of Financia l Activities
13
Notes to the Accounts
14-23

BYHP (SUPPORTING YOUNG PEOPLE IN HOUSING NEED)
(A company limited by guarantee)
Reference and Administrative Details of the Company. its Trustees and Adv55ers
For the year ended 31 March 2024
Trustees:
Sarah Austen
Jane Sarginson
Tina Wathern (resigned 13 September 20231
Mark Petterson
Macer Gifford (resigned 29 September 2023)
Julie Briggs (resigned 5 July 2024)
Justin Cadbury
Kath Morris
Aline Shand
Simon Smith
Elizabeth Stevens (appointed 25 January 20241
Company registered number:
05722118
Charlty reglsteied number:
1175514
Registered office:
2 Chandos Close
Banbury
Oxon
OX16 4TL
Company secretary.
Simon John Hockley Smith
Chiaf Executlve:
Patrick Vercoe
Accountants:
Caroline Webster FCA
UHY Ross Brooke
Windrush Court
Abingdon Busi ness Park
Abingdon
OX14 1SY
Bankers:
Cafcash Ltd
PO Box 289
West Malling
Kent
Solicitors
Brelhertons
19 South Bar Street
Banbury
OX16 9AF

BYHP (SUPPORTING YOUNG PEOPLE IN HOUSING NEED)
(A company limited by guarantee)
Tyustees. Report
For the year ended 31 March 2024
The Trustees (who are also directors of the company for the purpose of the Companies Act) submit
their annual report and financial statements of BYHP (Supporting Young People in Housing Needl
(the company) for the year ended March 31, 2024. The Trustees confirm that the annual report and
f i nancial statement5 of the company comply with current statutory requirements. the requ irements of
the company's governing document and the provisions of the Statement of Recommended Practice
(SORP) 'Accounting and Report by Charities" revised 2019 IFRS 102)
STRUCTURE, GOVERNANCE AND MANAGEMENT
a. CONSTITUTION
The company is a charitable coinpany limited by guèrantee and was set up by a Memorandum of
Association. The company is constituted under a Memorandum of Articles and 15 I registered charity
number 1115514. There have been no changes in the objectives since the last annual report.
b. MrfHOD OF APPOINTMENT OR ELECTION OF TRUSTEES
The In3nagement of the coinpany is the responsibility of the Trustees who are elected and co-opted
under the terms of the Charity Commission Scheme.
ORGANISATIONAL STRUCTURE AND DECISION MAKING
The Board of Trustees aiid Officers meet at least six times per year, and day to day management of
the organisation is delegated to the Chief Executive. The Chief Executive manages the staff team and
delegates and oversees staff responsibi lities as appropriate.
d. RISK MANAGEMENT
The trustees regu larly asse.£s the major risks to which the company is exposed as part of each trustees
meeti ng and regularly between meetings, particularly those related to the operations and fi nances of
the company. The trustees are satisfied tliat this year systems and procedures are now in place to
effectively mitigate exposure to the major risks.

BYHP {SUPPORTING YOUNG PEOPLE IN HOUSING NEED)
Trustees. Report (Continued. .)
For the year ended 31 March 2024
OBJECTIVES AND ACTIVITIES
POLICIES AND OBJEcfivES
BYHP'S mission statement Says..
We provide a range of specialist interventions offering support, advice and guidance to Young People
13-25, and their fami lies, facing known root causes of youth homeleg5ness. Those that are at risk of
NEET (Not being in Education, Employment or Training), Family Breakdowns or Mental Health and
Therapeutic needs, using the followi ng strategic objectives:
Housing advice and information for those who are homeless or face the prospect of being
homeless.
Mental Health support, including counselling and psychotherapy.
Family Mediation
Employment and education support
Access to foodbank services
The strategic ai ms of the organisation are:
To develop a range of services to improve the lives, skills, and opportunities of young people.
To continue to provide confidential advice, information, and support services.
Provide a range of mental health and wellbeing services.
Identify new services to support Young People and react to their evei'_changing challenges.
b. ACIVITIES FOR ACHIEVEING OBJECTIVES
Our main objectives for the year continued to the be the prevention of homelessness, response to
homelessness, and supporting Young People to achieve skills for independent living. The core
activities we use to achieve Bnd meet our objectives this year have been:
Provision of..
Advice relating to homelessness pathways and avoiding the risks of homelessness.
Family mediation to resolve conf lict and enable young people I'emain at home.
Employability Services to help young people find and maintain ernployment or reengage in
education.
Coun5elling and ment31 wellbeing services to support poor merital health.
CAMHS Outreach Service providing individualised home and community support for complex
needs.
PROGRAMME RELATED INVESTMENTS
The CEO, Head of Operations, 3nd Mental Healtli Manager worked hard this year to continue to build
relationships with organisations to strengtheii financial support. Partnerships were renewed and new
coniiections formed for future partnership working.

BYHP (SUPPORTING YOUNG PEOPLE IN HOUSING NEED)
Tru5tees' Report Icontinued...)
For the year ended 31 March 2024
d. VOLUNTEERS
BYHP'S staff continues to be supported by a committed team of volunteers. Five placement therapigis
support the counselling service, each provid ing one day a week to deliver BYH P's clients mental
health sUPPOrt. A team of three volunteers maintain BYHP'S foodbank, labelling and checking food
donations and preparing packages for clients in need. In addition, the volunteers help support
fundraising activities and organise fundraising event5.
ACHIEVEMENTS AND PERFORMANCE
a. GOING CONCERN
After maki ng appropi'iate enquiries, the trustees have 3 reasonable expectation that the company has
adequate resources to continue in operational existence for the foreseeable future. For this reason,
they conti nue to adopt the going concern basis in preparing the f inancia l statements. Further details
regarding the adoption of the going concern basis can be found in the Accou nting Policies.
b. REVIEW OF ACTIVITIES
B YHP received 469 referrals during the period under review. Poor mental health issues continue to be
at the foref ront of what we do. Of the 469 referrals, 152 were for the Couiiselling seNice, and 94
referrals were for the Mental Wellbeing Service. These figures represent 52Yo of all B YHP referrals. The
mental health team members continue to offer both virtual and face to face appointments to all
clients.
8YHP continued to provide group work in schools and supported 66 students across 5 local schools
provid ing 6 weekly one hour session covering a range of subjects from healthy relationships to
building I'esilience. These 66 students are in addition to the 469 referrals mentioned above.
Our Unlocking Poteiitial project, which supported 17- to 21-year-olds who had been NEET for over 6
months, ended in June 2023. However, funding I'aised 3llowed us to continue to provide NEET
support and a new N EET service was launched that replacpd both Unlocking Potential and Back on
track (which ended in December 20221. The new service supports young people 16 to 25 wha are
either NEET or at Risk of NEET and supports them to move back into education or on to employment.
Our mediation service had to be suspended following the departure of our family mediator. However,
one of our ther3PlSts completed mediation training and was able to re-launch the se￿iCe in
November 2023. Our new mediator was able to support 6 families between November 2023 and
March 2024.
Investment in our staff continues to be a priority for the charity who are at the forefront of everything
we do and achieve. As m@ntioned above we funded one of our therapists to complete mediation
training. Our Wellbeing Practitioner has continued her counselling training and completed her Level 3
Counselling certif icate in June 2023. She moved onto the Level 4 cou rse iii September 2023. By July
2025 she will be a fu Ily qualified therapist. She is completing a considerable number Df her placement
hours at BVHP in addition to delivering the Wellbei ng Service and school grou p work.
One of our plocement therapists interviewed to stay with the company and now works part time for
BYHP after having achieved a m3ster'g degree in counselling children and young people.

BYHP (SUPPORTING YOUNG PEOPLE IN HOUSING NEED)
Trustees. Report (Continued.._}
For the year ended 31 March 2024
Our CEO, Patrick Vercoe, became extremely ill and sadly passed away in October 2023. Despite the
impact this had on the team, the Head of Operations, aiid the Mental Healtli Manager, ensured all
services continued to operate and the team continued to support young people throughout this
challenging time.
Our Mental Health Manager received a promotlDn and became the new Head of Mental Health
taking on a range of additional responsibilities.
B YH P contiiiues to receive support f rom its Fundiiig Circle and a raiige of local companies in addition
to nationwide Trusts and Foundations
FUNDRAISNG ACTIVITIES￿NComE GENERATION
BYHP draws upon a diverse range of income fi'om Trusts, Foundations, company giving, regular donor
giving, major donor g iving, and public-sector contracts. The events volunteers further support the
charity by hosti ng fundraising activities locally that both raise funds and 3YH P's profile.
Aiiy funds raised that are unrestricted 3re 53ved as reserves where possible, and BVHP is aiming to
coirplete restoration and maintain its reserves to the desired level within tlie forthcomiiig financial
year.
Income generated from charitable activities is restricted for the designated activities a nd is managed
separately from funds held in reserves.
BYHP'S main funders for 2023-2024 are..
European Social Fund and Big Lottery (Unlocking Potential Project)
DCS Group
Robert McAlpine Foundation
Morrisons
Aldi
Co-op
Thames Valley Police Proceeds of Crime Fund
Fine and Country Estate Agents
St. James Place Charity Foundation
Oxford Health NHS CAMH5 services
PYE Settlement
Sports of England
Schuster
Oxford Community Foundation
Sanctury
Gilander
Clotli Workers Foundation
B3rr3tt
Tesco
CDC

BYHP {SUPPORTING YOUNG PEOPLE IN HOUSING NEED)
Trustees. Report (Contlnued...)
For the year ended 31 March 2024
FINANCIAL REVIEW
RESERVES POLICY
It is the policy of the charity to maintain suffici ent unrestricted reseNes to provide for charitable
expenditure so that B YH P can continue to meet its objectives for a period of 5 months if 311, or most,
of its income ceases.
Our policy is to bui Id healthy reserves, ond to this end, any operating surplus achieved in any one
year is re-invested in the charity and maintaining its service provision for the benefit of young people
and theii- families.
b. REVIEW OF THE YEAR
The charity has negotiated its way through the year, recording a net expenditure before transfers of
£26,946122-23 £30,771) and total income of £309,475122-23 £369,486)
The trustees are g rateful to all members of staff in meeting the operational challenges following the
passing of its CEO and maintaining the level of support expected by its service users.
PLANS FOR THE FUTURE
Our Fundraising Officer conti nues to meet fundraising targets and is building a network of funding
managers for both cvrreiit ?pplicatioii advice and oiigoi ng graiit application guidance.
We were unable to recruit a marketing apprentice as planned this year but will be recruiti ng one next
year with the oiigoing strategy of raising the profile of the company and bui Idiiig solid
communicotions with our wide range of stakeholders. A substantial social presence is important as
many fund rnanager5 use this information when reviewing applications, so It is a key area to focus on
and grow.
We have increased our placement therapy team, as planned, and will be looking to rnai ntain this
support with a review to increase volunteers in the future.
GRANT INFORMATION
We want to thank all our principal funding partners for their financial support. The key fund ing
organisations are listed earlier in this report.
MEMBERS. LIABILITY
The Trustees of tlie company guarantee to contribute ali amount not exceeding £1 to the assets of
the charity in the event of windi ng up.

BYHP {SUPPORTING YOUNG PEOPLE IN HOUSING NEED)
Trustees, Report (Continued...)
For the yeai ended 31 March 2024
EMPLOYEE INVOLVEMENT AND EMPLOYMENT OF THE DISABLED
Employees meet with thei r li ne managers every month and all staff are consu Ited on personal needs
or operational concerns. In addition, the whole team meets monthly, and the team are encouraged ta
raise any maters of concern. Staff are encouraged to raise any issue5 relating to Health and Safety.
Health and Wellbeing. Equal Opportunities and Equity i n either their 1-1 meeting s or with the team.
BYHP has achieved a Level 1 Disability Confident Committed certificate from the Governments
Disability Conf ident service and is looking to acli ieve the level 2 Disability Conf ident Einployer
Certificate next year.
The company has in place vai'ious detailed policies in relation to all aspects of personnel matters
including..
Equal opportunities policy
Equality and Diversity policy
Sustainability policy
Healtli & safety policy
Menopause & Andropause policy
Whistleblowi ng PDIicy
Safeguarding & PREVENT policy
In accordance with the co mpany's Equal opportunities policy, the company has long established fair
employment practices in the recruitment, selection, retention and trai ning of staff.
Full deta ils of these policies are available from the company's offices.
PUBLIC BENEFIT
BYHP is based in Banbury and works predominantly with the young people in ChepNell, however, the
staff will provi de services to any young people that fall into a 15-mile rad ius of the office. I n 2023/24,
278 young people between the ages of 13 and 25 ijged BYHP'S services. 381 young people were
assigned to different services, so several of the 278 young people accessed multiple services.
TRUSTEES, RESPONSIBILITIES STATEMENT
The Trustees (who are also directors of BYHP (Supporting Young People in Housing Need) for the
pui'poses of company lawl are responsible for preparing the Trustees. report and the financial
statements in accordance with applicable law and United Kingdom Accounti ng Standards IU nited
Kingdom Generally Accepted Accounting Practice),
Company law requires the Trustees to prepare financial statèments for each financial year. Under
company law, Ihe Trustees must not approve the financial statements unless they are satisfied that
they give a true and fair view of the state of affairs of the charitzble company and of the incoming
resources and a pplication of resources, inclvding the income and expend iture, of the charitable
company for that period. In preparing these financia I statements, the Trustees are required to-.
select suitable accounting policies and then apply them consistently;
ObSe￿e the methods and principles i n the Charities SORP.,
make judgments and accounting estimates that are reasonable and prudent-

BYHP (SUPPORTING YOUNG PEOPLE IN HOUSING NEED)
Trustees. Report (Continued...)
For the year ended 31 March 2024
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charitable company will contiiiue in operation.
The Trustees are responsible for keeping adequate accounting records that are sufficient tc show and
explai n the charitable company's transactions and disclose with reasonable accuracy at any time the
financial position of the charitable ccmpony and enable them to ensure that the financial statements
comply with the Companies Act 2006. They are also responsible for $3feguarding the Zssets of the
charitable company and, hence, for taking reasonable step5 for the prevention and detection of fraud
and other irregu larities.
In prepai'ing this I'eport, the Trustees have taken advantage of the small companies, exemptions
provided by section 415A of the Companies Act 200
is'l .kfrtJt
This report was approved by the Tyustees on
and signed on their behalf by..
Simo
Ti'easu rer

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BYHP (SUPPORTING YOUNG
PEOPLE IN HOUSING NEED)
FOR THE YEAR ENDED 31 MARCH 2024
I report to the charity trustees on my examination of the accounts of the company for the year ended
31 March 2024 which are set out on pages 10 to 23.
Responsibilities and basis of repovt
As the charity trustees of the company land also its d irectorg for the pu rposes of company lawl you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies
Act 20061'the 2006 Act'l.
Having satisfied myself that the accou nts of the company are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examination, | report iii respect of my exa1nination of
your company's accounts as c3rried out under section 145 of the Cliarities Act 20111'the 2011 Act'l. In
carrying out my examination I have followed the Directions given by the Charity Commission under
section 14515)Ib) of the 2011 Act.
Independent examlner's Statement
Since the company's gross income exceeded £250,000 youi. examiner must be a member of a body
listed in section 145 of the 2011 Act. I confirm thal l am qualified to undertake the exzmination because
l am a member of the Institute of Chartered Accountants iii England and Wales, which is oiie of the
listed bodies.
I have completed my examination. I confirm that no matters have came to my attention in connection
with the examination givi ng me c3use to believe that in any material respect..
accounting records were not kept in respect of the company as required by section 386 of the
2006 Act., or
the accounts do not accord with those records., or
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
s part of an independent examinatiDn', or
the accounts have not been prepared in accordance with tfve 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 IFRS 102).
I have no concerns and have come across no other matters in coiinection witli the examination to which
attention should be drawii in this report in order to enable a proper understanding of the accounts to
be reached.
aroline Webster FCA
UHY Ross Brooke
Windrush Court
Abingdon Business Park
Abingdon
OX14 1SY
13108124

BYHP (SUPPORTING YOUNG PEOPLE IN HOUSING NEED)
STATEMENT OF FINANCIAL ACTIVITIES
{INCLUDING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2024
Unrestyicted
Funds
2024
Restricted
Funds
2024
Total
Funds
2024
Total
Funds
2023
Notes
Incoming resources fyom:
Donations and legacies
Charitable activities
Other tradi ng activities
Other incoming resources
125,777
67,400
61,448
976
9,334
193,177
61,448
6,692
48,158
176,841
131,602
7,607
53,436
5,716
38,824
Total income
170,317
139,158
309,47S
369,486
Expenditure on:
Raising funds
Charitable activities
231
231
731
5/6
178,471
151,537
330,008
389,387
Other expenditure
6,182
6,182
10,139
Total expenditure
184,884
151,537
336,421
40Q,257
Net Income/(expendlture)
before transfers
Unreali5ed loss on i nvestment
Transfers between funds
Net movement of funds in
year
Reconciliation of funds..
{14,5671
4,914
112,3791
126,946)
4,914
(30,771 }
13,4261
29,343
129,343)
19,690
(41,722)
122,032)
134,1971
Total funds brought forwai'd
Total funds carried forward
149,862
82,295
232,157
266,354
169,552
40,573
210,125
232,157
The Statement of Financial Activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing artivities.
io

BYHP (SUPPORTING YOUNG PEOPLE IN HOUSING NEED)
BALANCE SHEET
AS AT 31 MARCH 2024
Notes
2024
2023
Fixed Assets
Tangible assets
Investments
11,167
100
11,267
13.462
100
13,562
Current Assets
Debtors
Cash at bank
St James Place Investment
12
28,164
144,495
51,488
28,946
761,025
46,574
224,147
236,545
Credltors
Amounts due within one year
13
25,289
17,950
Net Current Asset5
198,858
218,595
Total Net Assets
14
210,125
232,157
The Fund5 of the Charity
Unrestricted income funds
-General Funds
-Designated fund
Restricted income funds
144,552
25,000
40,573
149,862
16
82,295
210,125
232,157
For the year ended 31 March 2024 the company was entitled to exemption from audit under section
477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of
the Companies Act 2006.
The di rectors acknowledge their responsibilities lor complying with the requirements of the Act with
respect to accounting records and for the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to compaiiies
subject to the small compa nies regi me.
Thes
accounts were 3pproved by the Board of Directors on
theb
and are signed on behalf of
reasurer
li

BYHP {SUPPORTING YOUNG PEOPLE IN HOUSING NEED)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Cash flows from operating activities:
Net movement in funds for the reporting period (as per the statement
of financial activities)
122,032)
(34,1971
Adjustments for:
11 ncrease)/decrease in debtors
Increase/ldecrease) in creditors
Depreciation cliarge
Loss on disposal of fixed assets
Net cash provided by (used in) operating activities
782
7,339
634
1,661
111,6161
(27,486)
(5,5591
1,188
(66,0541
Change in cash and cash equivalents in the reporting period
{11,6161
166,0541
Cash and cash equivalents at the beginning of the reporting period
207,599
273,653
Cash and c35h equivalents at the end of the reporting period
195,983
207,599
12

BVHP (SUPPORTING YOUNG PEOPLE IN HOUSING NEED)
COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Funds
2023
Restricted
Funds
2023
Total
Funds
2023
Incoming Resource5
Donations and legacies
Charitable activiti es
106,591
70,250
176,841
131,602
131,602
Other trading activities
Other incoming resources
7.607
7,607
52,936
500
53,436
Total Income
167,134
202,352
369,486
Resources expended:
Raising funds
Charitable activities
731
731
223,187
166,200
389,387
Other expenditure
Total expendlture
10,139
10,139
234,057
166,200
400,257
Net income/(expenditure) before transfers
Unrealised loss on investment
(66,923)
13,4261
36,152
130,771)
13,426)
Transfers between funds
19811
981
Net movement of funds In year
Reconciliation of funds.,
171,3301
37.133
134,1971
Total funds brought forwa rd
221,192
45,162
266,354
Total funds carried forward
149,862
82,295
232,157
13

BYHP (SUPPORTING YOUNG PEOPLE IN HOUSING NEED)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
1. Accounting Policies
(a) Basis of Accounting
BYHP constitutes 2 public benefit 35 defined by FRS 102. The accounts have been prepared in
accordance with Accounting and Reporting by Charities: Statement of Recommended Practice
applicable to charities preparing their accounts in a ccordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191, the Charities Act 2011
nd the Cotmpanies Act 2006.
The Trustees consider that thei'e are no material uncertainties about the charity's ability to continue as
a going-concern.
The f i nancial statements are presented in sterling which is the functional currency of the charity and
rounded to the nearest £.
(b) Company Status
BYHP is a company limited by guarantee (incorporated in England and Wales). The members of the
company are the Trustees named on page 3. In the eveiit of the comp3ny being wound up, the liability
in respect of the guarantee is limited to £1 per member of the company.
{() Fund Accounting
General funds are unrestricted funds which are available for use at tlie discretioii of the Trustees in
furtherance of the general objective of the company and which have not been designated for other
purposes.
Designated funds are unrestricted funds which are available for general objectives of the company but
have been designated by the Trustees for a particular purpose.
Restricted funds are funds which arè to be used in accordance with specific restriction imposed by
donors or which have been raised by the company for particular purposes. The cost of raising and
administering such fu nds are charged against the specif ic fund. The aim and use of each restricted fund
is set out in tlie notes to the fi nancial statement.
Investment income, g3ins a nd losses are allocated to the appropriate fund.
(d) Incoming re50urcps
All incoming resources are included in the Statement of Financial Activities when the company has
entitlemenl to the fu nds, certainty of receipt a nd the amount can be measured wiih sufficient reliability.
Donated servi ces or facilities, which comprise donated services, are i ncluded in income at a valuation
which is an estimate of the financial cost borne by the donor wliere such a cost is quantifiable and
measurable. No income is recognised where there is no financial cost borne by a third party.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is
recognised at the time of the donation.
14

BYHP (SUPPORTING YOUNG PEOPLE IN HOUSING NEED)
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting Policies (Continued)
Income tax recoverable in relation to investment income is recognised at the time the investment
income is received.
(e) Resources expended
All expend iture is accounted for on an accruals basis and has been included under expense categories
that aggregate all costs for allocation to activities. Where costs cannot be directly atti'ibuted to
particular octivities, they liave been allocated on a basis consistent with the use of the resources.
(f) Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calcu lated
to write of the cost of fixed èsset5, le55 their estimated residual value, over their expected usefu I lives
on the following bases.,
Office equipment
25% I'educing balance
Leasehold property improveimeiits 3.33 % straight li ne
(g) Investments
Investments in subsidiary undertaking are stated at cost at the balance sheet date. The Statement of
financial activiti es includes the iiet ga ins and losses arising on revalu ations and di5PO531s thi'oughout
the year.
(h) Operating leases
Reiitals under operating leases are charged to tlie Statement of f inancia l activities oli a straight-line
basis over the lease term.
Benefits received and receivable as an incentive to sign an operating lease are recognised on a
straight-line basis over the period uiitil the date the rent is expected to be adjusted to the prevailing
market rate.
(l) Government grants
Government grants relating to tangible fixed assets are treated as deferred income aiid released to
the Statement of financial activities over the expected useful lives of the assets concerned. Other
grants al'e credited to the Statement of financial activities as the related expenditure is incurred.
(i) Pensions
The company operates a defined contribution pension scheme and the pension charge represents the
amount payable by the company to the fund in respect of the year.
15

BYHP (SUPPORTING YOUNG PEOPLE IN HOUSING NEED)
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
2. Voluntary income
Unrestricted
Restricted
2024
2023
Donations
Grants
Service level agreements
80,777
45,000
5,400
62,000
61,448
86,177
107,000
61,448
98,341
78,500
131,602
Volunt3ry income
125,777
128,848
254,625
30a,443
Several service level agreements are now in place working with in tandem with our partners in
Oxfordshire which help underpin the f inancial performance of the charity.
3. Activltles for ralslng funds
Unrestrlcted
Restrlcted
2024
2023
Activities for raisi ng funds
5,716
976
6,692
7,607
4. Other income
Unrestricted
Restricted
2024
2023
Other income
Rent31 income
21,904
16,920
9,334
31,238
16,920
36,516
16,920
Otlier income
38,824
9,334
48,158
53,436
5. Dlrect costs
2024
2023
Refreshments
External supewisioii
Misc staff expenses
Young person costs
Wages and Salaries
National Insurance
Pension costs
97
4,638
1,112
2,782
238,987
14,574
4,030
266,220
210
4,980
2,870
9,728
293,935
20,228
5,086
337,037
16

BYHP (SUPPORTING YOUNG PEOPLE IN HOUSING NEED)
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
6. Support costs
2024
2023
Rates
Electricity and Gas
Travelling
Printing, postage and stationery
Telephone
Membership
Repairs and renewals
Cleaning
Premises expenses
Staff Training
Insu rance
Accountancy and bookkeeping
IT
Advertising/Brand ing
Depreciation
Loss oli Disposal of assets
1,248
5,307
3,388
199
4,977
2,255
{403)
5,4S3
4,481
392
5,504
3,560
1,121
21,279
7,553
4,502
3,111
7,423
5,349
3,116
1,188
3,502
6,661
4,795
2,691
634
1,661
63,788
52,350
7. Other expenditure
Unrestrlcted
Restricted
2024
2023
Legal and professional fees
Independent examination fee
Bank Charges
4,062
2,040
80
4,062
2,040
80
8,064
1,9BO
95
6,182
6,182
10,139
8. Staff Numbers
The average monthly number of employees during the year w3S'.
2024
No
2023
No
Manzgement
Support workers
14
12
17

BYHP ISUPPORTING YOUNG PEOPLE IN HOUSING NEED)
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
9. Statt Costs
2024
2023
Wages and salaries
Social security costs
Pensions
238,987
14,574
4,030
293,935
20,227
5,086
257,591
319,248
No employee received remuneration ainounting to more than £60,000 in either year.
No trustee received any remuneration or expeiises.
Fees for professional Services provided by the trustees are detailed in note 18.
10. Tanglble fixed assets
Office
Equipment
& Flxture 81
Fittings
Leasehold
Property
Improvements
Total
Cost
At 1 April 2023
Additions
Disposals
35,758
15,585
51,343
135,7581
135,7581
At 31 March 2024
15,585
15,585
Deptreclatlon
At 1 April 2023
Charge forthe year
Elimi nated on d isposal
34,097
3,784
634
37,881
634
134,097)
134,0971
At 31 March 2024
4,418
4,418
Net book value
At 31 March 2024
11,167
11,167
Al 31 March 2023
1,661
11,801
13,462
BYHP has been gifted the Youth and Community Centre. the LaunchPad in Grimsbury by Cherwell
District Counci I, oli a loiig lease at zero cost. The value of the lease is u nknown.
18

BYHP (SUPPORTING YOUNG PEOPLE IN HOUSING NEED)
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
11. Fixed asset investments
Shares in
Programmed Related
Investments
Market Value
At 1 April 2023 and 31 March 2024
100
Subsidiary undertakings
The following were subsidiary undertakings of the company;
Name
Holdings
100%
Chprwell Counselling Centi'e Ltd-
previously BYHP Pantry Limited
The aggregate of the share capital and reseNes as at 31 March 2024 and of the profit or loss for the
year ended on that date for the subsidiai'y undertakings were as follows..
Aggregate
Share Capital
Reserves
ProliV(loss)
Name
Cherwell Counselling Ceiitre Ltd
301
12. Debtors
2024
2023
Trzde debtors
Prepayments and accrued income
19,056
9,108
5,460
23,486
28,164
28,946
13. Credltors- Amounts Falling Due Wlthin One Year
2024
2023
Taxation and social security
Accruals and deferred income
Trade creditors
Other creditors
5,269
5,245
825
13,950
5,135
5,743
6,476
596
25,289
17,950
19

BYHP (SUPPORTING YOUNG PEOPLE IN HOUSING NEED)
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
14. Analysis of Net Assets between Funds
Current year
Net
Current
Assets
2024
Total
Assets
Unrestricted Funds
Restricted Funds
158,285
40.573
169,552
40,573
198,858
210,125
Previous year
Net
Current
Assets
2023
Total
Assets
U nrestricted Funds
Restricted Funds
136,300
82,295
149,862
82,295
218,595
232,157
15. Movements on Designated Funds
Previous year
Balance
31 Mar
2023
Balance
1 Apr 2022
Income
Expenditure
Transfers
Events funding
5,823
(5,823)
5,823
15,8231
Cuyrent year
Balance
31 Mar
2024
Balance
1 Apr 2023
Income
Expendlture
Transfer5
I Cadbury
25,000
25,000
25,000
25,000
20

BYHP (SUPPORTING YOUNG PEOPLE IN HOUSING NEED)
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
16. Movements on Restricted Funds
Previous year
Balance
31 Mar
2023
Balance
1 Apr 2022
Income
Expenditure
Transfers
ESF Big Lottery BBO-
Back on Track
Tambour Foundation
ESF Big Lottery BBO-
Up Oxon
CAMHS Project
YPSA
Eirergency
Accommodation Fund
Mental Wealth
Academy Project
Education &
Employment
Meiital Well Bei ng
Project
Lenox Hanney (Traiiiing
-LPSI
9,924
13,520
120,867)
(2,5771
990
12,473)
1,483
7,467
60,588
{60,712)
7,343
6,917
12,000
38,244
8,000
{>0,185)
(2,458)
14,976
17,542
632
1130)
(502)
7,232
51,500
(49,375)
{9,357)
25,000
2,577
27,577
500
9,357
9,857
5,000
5,000
45,162
202,352
1166,2001
981
82,295
21

BYHP (SUPPORTING YOUNG PEOPLE IN HOUSING NEED)
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Movements on Restricted Funds (continued)
Current year
Balance
31 Mar
2024
Balance
1 Apr 2023
Income
Expendlture
Transfeys
ESF Big Lottery BBO-
Up Oxon
CAMHS Project
YPSA
Education &
Employment
Mental Well Being
Project
Lenox Hanney (Training
-LPSI
BOT
7,343
8,955
(11,013)
15,2851
14,976
17,542
29,066
8,000
(24,126)
{16,115)
(19,9161
(9,4271
27,577
18,427
(24,194)
5,285
27,095
9,857
59,234
(62,367)
6,724
5,000
12,6551
2,345
15,476
111,0671
4,409
82,295
139,158
{151,337)
(29,343)
40,573
A number of restricted fuiids were used to support Young People. One of our restricted funds, Back
on Track, a project designed to support young people 15-17 who were 3 risk of not continuing in
education came to an end, The funds remaining were moved to our Education & Employment fund so
that we can continue to support young people who are NEET (Not in Education, Employment or
Trai ning, Our Mental Wealth Academy sei'vice, another restricted fund also ca me to an end this
financial year with any remaining balance bei ng transferred to our new Mental Wellbeing SeNice so
that we can continue to offer much needed mental health 5UPPOrt to young people 16-25.
17. Pènsion commltments
The company operates a defined contribution pension scheme. The assets of the scheme are held
separately from those of the company in an independently administered fund. The pension cost
charge represents contributions payable by the company to the fund and amounted to £4,030 {2023:
£5,086). At the year-end £592 was outstanding12023: £596).
22

BVHP (SUPPORTING YOUNG PEOPLE IN HOUSING NEED)
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
18. Trustees. expenses
During the year, trustees i iicurred expenditure on tlie company's belialf amountiiig to £ nil.12023-
£nil).
19. Related party transactlons
Dui'ing the year Wellers Accountants provided the company accounting services totalling £1,692
(2023.. £2,280). The amount outstanding at the end of the year was £Nil12023.' £2701. Simon Smith,
director and treasurer of the company is a partner in Wellers.
23