Charity reglstratlon number 11182181England and Wales} Company registration number 05905999 YOUTH ACTION AND DIVERSITY TRUST LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
YOUTH ACTION AND DIVERSITY TRUST LIMITED LEGAL AND ADMINISTRATIVE INFORMATION The trustees D White J Thornton Secretary G Redding Charity number 1118218 Company number 05905999 Prfnclpal addre$$ North Cray Neighbourhood Cenlre 1 Davis Way Sidcup Kent DA14 5JR Registered office North Cray Neighbourhood Centre 1 Davis Way Sidcup Kent DA14 5JR Independent examiner Jon Williamson FCA 61 London Road Maidslone Kent ME16 8TX
YOUTH ACTION AND DIVERSITY TRUST LIMITED CONTENTS Page Trustees, report Independent examinels report ststement of financial activities Balance sheet Notes to the financial statements 7-14
YOUTH ACTION AND DIVERSITY TRUST LIMITED TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their annual report and financial statements for the year ended 31 March 2025. The financial slaternenls have been prepared in a¢cordance with the accounting policies set out in note 1 to the financial statements and comply with the charty's goveming document, the Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in a¢cordance with Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019}. Objectives and activities This has been a very challenging year due to the continuing Cost-of-Living crisis affecting utility and maintenance costs and the loss of the Parkside Community Centre. Last year we reported the Hurst Community Centre being returned to the Local Authority and this year in June 2024 we reported issues with the ceiling at the Parkside Community Centre. The Council investigation took until October 2024 when they instructed us to shut the Cenlre as the roof had ¢ollapsed and the building declared unsafe. All groups from the Centre were found new venues to carry on their groups including the Nursery. However the Council made no attempt lo reimburse YADT and we are still wailing for the surrender of the lease even though the building has been raised lo the ground. This is noted in the financial review. In addition to the loss of income from Parkside Communty Centre being closed the Council tried to cut the small grant we re1ve each year as we now had less centres. The grant was never originally linked to the Parkside Community Centre or the Hurst Community Centre but again reflects the challenging limes we have working with Bexley Council. Over the past five years we have made numerous complaints about the Council not providing us with invoices for Maintenan and utility Costs and despite assurances from the Leader of the Council we still await all 4 quarter bills for this financial period. This is making it impossible for our Chief Executive and Trustees to be clear about our financial position and prevents clear cash-flow projections moving forrtard. At the North Cray Neighbourhood Centre limited activities for young people continued with acc8SS to our sports facilities and parks. This included regular foolball sessions and sports activities. We have been able lo continue providing support lo young people and their families living with Autism and ADHD through our Behavioural Support Service although we have nol been able to support as many hard to reach families as we would like due lo the lack offunding and lack of partnership work with the Council and CAMHS even though they have a three year waiting list in some areas. This means that families are left unsupported and desperate for help. We have been able lo ¢ontinue with the adult support activities providing support with isolation, mental health and social evenls throughout the year. These services have been dèscribed as a lifeline for senior members of our local ommunity and provide a social environment for reducing loneliness. The main focus of this year has been to provide ¢ommunity services through the North Cray Neighbourhood Centre and the Parkside Community Centre. Whilst the Parkside Community Centre has now closed we have been able to support more community groups although increasing income generation is limited due to financial pressures on community groups and hard for YADT to compete with rising costs. There is also a lot of pressure lo get the Council to complete rnaintenance repairs and we have several issues with heating, air ¢ondilioning, lifis and roof leaks which remain unresolved.
YOUTH ACTION AND DIVERSITY TRUST LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Achievements and porfomiance Significant activilies and achievements against objectives AhoUgh a limited amount of youth engagements was completed the Charity slill managed to engage 2268 young people aged 8 to 12 years in positive activities throu9h our Multi Use Games Area and our playgrounds and 1790 young people aged beeen 12 and 17 years in positive activilies mainly sport. These activities were provided by the Charity from ils own resources and are essential in reducing anli-social behaviour and providing space for young people lo socialise and have fun. The centre also provides a safe haven for young people with Aulism and ADHD. The Behavioural support seNice worked with 296 young people and their families providing support with understanding Autism and ADHD and working to reduce Anger Management. The Servi re¢ieved referrals from GP Surgeries logether with Schools and Colleges. Throughout the year 106 young people were engaged through our workshops on cooking, cor¢fidence drama and sports completing over 676 hours of engagement. The Behavioural Support Service also engaged with 47 families through parental workshops fo¢using on Autism, Anger Management and ADHD and completing over 470 hours of learning. The adult services completed over 2614 engagements through social clubs, games clubs and Coffee mornings reducing isolation and stimulating mental wellbeing for senior members of our local community and running throughout the year. These are amazing achievements considering the financial constraints and the fact that these serViS were provided through the Charities own resources and without Council support or partnership work. Financial reviow In¢ome for this financial year has been challenging because of the dosure of the Parkside Community Centre at the end of October resulling in a loss of circa £12000 income. The Trustees have also been astounded by the lack of Council support and their desire to cut the grant in Bexley due to the Parkside Centre being closed by the council who failed to maintain the building and were very quick to pull it down. The North Cray Neighbourhood Centre continue to provide steady income and considerable effort has been made to reduce wsls in all areas. This has been challenging due to the utility costs remaining high and large increases in local ALrthorily Costs across the board. The year ahead remains challenging as costs continue to remain high and it is important that the Charity maximises hire of the venuès to bring in new income streams. However this is further ¢ompounded by the Council failing to provide maintenance and utility invoices for the year resutting in challenges for th8 Charity in ¢ash-flow and budgeting the tharity accounts. It is very difficult to raise costs to groups who are themselves financially challenged when the council ¢onlinues lo raise costs, fails to produce timely invoicing and shows no commitment to community partnership work. The Charity was able to provide some support to young people and their families through the Behavioural Support Servio using existing Charity funds and maintained the Adull seICeS after the London and Quadrant funding period ended. The overall support has reduced as the Charity has multiple challenges with costs. unknown council maintenance and utility costs and a cost of living crisis. The total funds carried forward as of 31 March 2025 amount to £30,033. The Trustees have examined the Charity requirements for reserves in the light of the main risk to the organisation and are of the opinion that this is sufficient to meet the fijture working capital requirements.
YOUTH ACTION AND DIVERSITY TRUST LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Plans for future perlods It is important that we recognise the financial challenges ahead as the Charity struggles to meet financial costs whilst balancing a reasonable income stream from the hire of our venues. This means there will be challenging decisions to be made around staff numbers and the continuation of existing seNices provided by the Charity. It also means thal outstanding works may be delayed if funding is not available e.g. repair to parks, redecoration and maintenance. The Trustees are furious over the Council lack of support and lack of professionalism in raising invoices and (ieclaring costs. This leaves the Charity vulnerable as we cannot darify financial positions or proj8Ct cash-flow demands moving forward. YADT is keen to continue our own youth activities and parent workshops for the coming year and to continue our support groups and Behavioural Support Services expanding this to meet the increasing demand for mentsl health support for young people and their families as well as providing fun activities. However this will be subject to financial constraints and servitss may be limited if costs continue to Tise. We will also be looking to maintain our work with adults reducing isolation and loneliness and helping older people to engage in social and physical activities to improve wellbeing. The Trustees feel extremely let down by Bexley Council and for the first time have realistically had to ¢onsider whether the charily can Continue to work in Bexley faced with suth serious issues. StN¢ture, govornance and management The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were.. D White J Thomton The trustees, report was approved by the Board of Trustees. D White Trustee Dale: Il_ Iz-2S
YOUTH ACTION AND DIVERSITY TRUST LIMITED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF YOUTH ACTION AND DIVERSITY TRUST LIMITED I report to the tmslees on my examination of the financial ststements of Youth Action And Diversity Trust Limited (the charity} for the year ended 31 March 2025. Responsibilities and basis of report As the trustees of the charity (and also its direclors for the purposes of company law}, you are responsible for the preparalion of Ihe financial slatements in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the financial ststements of the charity are nat required to be audited under Part 16 of the Companies Act 2006 and are eligible for independenl examinalion. I report in respect of my examination of the ¢harity's financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed Ihe Directions given by the Charity Commission under section 145(5llb) of the Charities Ad 2011. Independent examinerfs statement 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 that in any material respect.. accounting records were not kept in respect of the charity as required by section 386 of the Companies Act 2006. the financial statements do not accord with those records., or the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination., or the financial statements have not been preparèd in accordance with the methods and principles of the Stalemenl of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applir2ble in the UK and Republic of Ireland {FRS 102). I have no conM$ and have come across no other matters in connection wilh the examination to which attention shou be drawn in this report in order to enable a proper understanding of the financial statements to be reached. J Williamson FCA Levicks 61 London Road Maidstone Kent ME16 8TX Dated.. ..11.
YOUTH ACTION AND DIVERSITY TRUST LIMITED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestrictod funds 2025 Unrestrlcted funds 2024 Notss Income from: Donations and legacies Charitable activities Investments 9,147 185,996 1,177 13,480 282,818 1,773 Totsl income 196,320 298,071 Expenditure on: Charitable activities 217,909 300,412 Total expenditure 217,909 300,412 Net expenditure and movement in funds (21,589) 12.341) Reconciliation of funds: Fund balances at 1 April 2024 51,622 53,963 Fund balances at 31 March 2025 30,033 51,622 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
YOUTH ACTION AND DIVERSITY TRUST LIMITED BALANCE SHEET AS AT31 MARCH 2025 2025 2024 Notes Fixed assets Tangible assets 12 365 1,005 Current assets Debtors Cash at bank and in hand 13 4,728 72,765 9.483 64,460 77,493 73,943 Creditors: amounts falling due within one year 14 {47,825) (23.326) Net current assots 29,668 50,617 Total assets less current liabilities 30,033 51,622 The funds of the charity Unrestricted funds 16 30,033 51,622 30,033 51,622 The company is entitled to the exemption from the audit requiremenl contained in section 477 of the Companies Act 2006, for the year ended 31 March 2025. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. 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. These financial slalemenls have been prepared in accordance wilh Ihe provisions applicablè to companies subject to the small companies regime. The financial statements were approved by the trustees on 11 - I I-IS D While Trustee Company registration number 05905999 (England and Wales)
YOUTH ACTION AND DIVERSITY TRUST LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 A¢¢ounting policies Charity Infomiatlon Youth Action And Diversity Trust Limited is a private company limited by guaranlee incorporated in England and Wales. The registered office is North Cray Neighbourhood Centre. 1 Davis Way, Sidcup, Kent, DA14 5JR. 1.1 Accounting convention The financial statements have been prepared in accordance with the charity's governing document. the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland {FRS 102)" The charity is a Public Benefit Entity as defined by FRS 102. The ¢hanty has taken advantage of the provisions in the SORP for charities not to prepare a statemenl of cash flows. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial stalemenls are rounded to the nearest £. The financial slatements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Golng concem At the time of approving the financial stalements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees ¢ontinue lo adopt the going concern basis of aoUntIng in preparing Ihe financial statements. 1.3 Charitable funds Unrestrioled funds are available for use al the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity. 1.4 Income Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts Gan be measured reliably. and it is probable that income will be received. Cash donation5 are re¢ognised on re¢eipt. Other donalions are recognised once the Gharity has been nolified of the donation. unless performance conditions require deferral of the amount. Income tax recoverable in relation lo donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or olhewiise rf the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
YOUTH ACTION AND DIVERSITY TRUST LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles (Continued) 1.5 Expenditure Expenditure is recognised once Ihere is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support Costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are nol attributable lo a single activity are apportioned between Ihose activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use. 1.6 Tangible fixod assets Tangible fixed assets are initially measured at cost and subsequenlly measured at cost or valualion, net of depreciation and any impairment losses. Depreciation is recognised so as to wriie off the cost or valualion of assets less their residual values over their US8ful lives on the following bases: Computers 33 /0 Straight line The gain or loss arising on the disposal of an asset is determined as the differènce bétween the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. 1.7 Impairnient of fixed assets At each reporting end date, the charity reviews the carrying amounts of ils tangible assets to determine whether Ihere is any indication that those assets have suffered an impairment loss. If any such indic21ion exists, the recoverable amount of the asset is estimated in order to determine the extent of the impaimient loss (rf any). 1.8 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-temi liquid investmenls with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.9 Financial instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial instrument5. Financial instruments are recognised in the charitys balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assels and liabilities are offset. with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an inlention lo settle on a net basis or to realise the assel and settle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are inilially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction. where Ihe Iransaclion is measured at the present value of the future receipts discounted at a markel rate of interest. Financial assets classified as r8ceivable within one year are not amortised.
YOUTH ACTION AND DIVERSITY TRUST LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng policies IContSnuedl Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised al transaction price unles5 the arrangement Constitutes a financing transalon, where the debt instrument is measured at Ihe present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cosl, using the effective interesl rate method. Trade creditors are obligations to pay for goods or seNices that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as Current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially al Iransadion price and subsequently measured at amortised cost using the effective interest method. Derecognition of finan¢ial liabilities Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. 1.10 Employee bènefits The cost of any unused holiday entitlement is re¢ognised in Ihe period in which the employee's services are received. Temiination benefits are re¢ognised immediately as an expense when the charity 15 demonstrably committed to terminale the employment of an employee or to provide termination benefits. 1.11 Retirement benefits Payments to defined contribution retirement benefrt schemes are Charged as an expense as they fall due. Critlcal accountlng estlmatss and judgements In the application of the charity's accounting policies, the trustees are required to make judgemenls, eslimales and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other Sour$. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. Income from donatlons and legacles Unrestricted Unrestricted funds funds 2025 2024 Grants 9,147 13,480
YOUTH ACTION AND DIVERSITY TRUST LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from charitsble activities Unrestricted Unrestricted funds funds 2025 2024 Youth work Olher income 8,921 7,727 Communty hall Other income 60,000 60,000 Hall hire Charitable renlal income Other income 117,075 195,091 20,000 185,996 282.818 In¢ome from inveslrnents Unrestricted Unrestricted funds fund$ 2025 2024 Interest receivable 1,177 1,773 10-
i ¢0 V ¢Q Lri ) +X) ¢0 17) v ¢0 17> In 45) fr4 ¢J) v Ln In ¥88 o) fj) ro * o) (o ¢0 (D In 17)
YOUTH ACTION AND DIVERSITY TRUST LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support costs allocated to actlvltles 2025 2024 Staff costs Rates and water Light and heal Repairs and maintènance Insurance Cleaning Telelphone Postage and stationary Printing Travel Governance costs 3,307 6,904 12,851 15,374 3,429 2.758 970 933 1,052 5,383 3,159 3,762 8.810 21,436 18,099 3,424 5.238 3.031 2.126 1,185 4,412 3,078 56,120 74.601 Analysed between.. Youth work Community hall Hall hire 37,401 13,108 5,611 48,505 19,861 6,235 56,120 74,601 2025 2024 Governance costs comprise: Independent examinalion fees Legal and professional Bank charges 1.944 1,076 139 1,872 987 219 3.159 3,078 Net movement in funds 2025 2024 The net movement in fijnds is slated after chargingl{crediting): Fees payable for the independent examination of the charity's financial statements Depreciation of owned tangible fixed assets 1,944 640 1,872 641 Trusteos None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. 12-
YOUTH ACTION AND DIVERSITY TRUST LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 10 Employees The average monthly number of employees during the year was.. 2025 Number 2024 Number Management staff Community workers 10 Total 11 Employment costs 2025 2024 Wages and salaries Social security costs Other pension costs 121,087 5,446 3.216 162,916 6,595 3.975 129,749 173,486 There were no employees whose annual remuneration was more than £60.000. Remuneratlon of key management personnel The remuneration of key management pérsonnel is as follows £49,920 (2024= £49.920). 11 Taxation The charity is exempt from taxation on its activities because all its income is applied for ¢haritabl8 purposes. 12 Tangible fixed assets Comput•rs Cost At 1 April 2024 28,870 At 31 March 2025 28,870 Depreciation and impaimlent At 1 April 2024 Depreciation charged in the year 27,865 Al 31 March 2025 28,505 Carrying amount At 31 March 2025 365 At 31 March 2024 1,005 -13-
YOUTH ACTION AND DIVERSITY TRUST LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 13 Debtors 2025 2024 Amounts falling due within ono year: Prepayments and accrued income 4,728 9,483 14 Creditors: amounts falling due within one year 2025 2024 Accruals and deferred income 47.825 23.326 15 Retirement benefit schemes 2025 2024 Defined contribution schemes Charge to profil or loss in respect of defined contribulion schemes 3.216 3,975 The charity operates a defined contribLrtion pension scheme for all qualifying employees. The assets of the scheme are held separately from Ihose of the charity in an independently administered fund. 16 Unrestricted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are nol subject to specific conditions by donors and grantors as lo how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. At 1 April 2024 Incoming Resources At 31 March resources expended 202S General funds 51,622 196,320 {217,909) 30,033 Previous year: At 1 Aprll 2023 Incomlng resources Resources At 31 March expended 2024 General funds 53,963 298,071 {300,412) 51,622 17 Related party transactions There were no disclosable related paty transa¢tions during ihe year (2024 - none). 14-