. SfjPPOtt the You Live foundation Registered Number 05999166 Charity Number 1119528 The Young Lives Foundation A Company Limited by Guarantee Financial Statements- Year Ended 31 March 2025
.VPFO Young Lives Foundation l Financial Statements Year Ended 31" March 2025 Contents Reference and Administrative Details of the Charity, its Trustees and Advisors Trustees, Report 22 IndependentAuditors' Report 26 Statement Of Financial Artivities 27 Balance Sheet 29 Notes Forming Part of The Financial Statements Kreston Reeves 2. Floor Maritime Place Quayside Chatham Maritime Chatham ME44QZ www.ylf.org.uk We want all young people to live in communities where they are hear< are safe and supporte4" with opportunitAes to thrive in LEAVER
.VPFO Young Lives Foundation l Financial Statements Year Ended 31" March 2025 THE YOUNG LIVES FOUNDATION REFERENCE & AMNISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025 Trustees and Directors- The Directors and Trustees that served during the year were.. S Brown (Appointed, June 2025) M Daniels, (Appointed, June 2025) C Farrer-Newey (Appointed, February 2025) S Fishenden, Trustee (Appointed December 2024) S Fishenden, (Company Secretary) (Appointed Ortober 2024) A M Fisher, Trustee A Godden, Trustee (Chair) L Hutchinson, (Resigned, March 2025) N Mason (Appointed, December 2024) K A N ichol, Trustee (Vice Chair) R Oates, Trustee P S Powell, Trustee, S H Wallace, Trustee (Resigned, June 2025) I Pearson (Resigned, August 2024) S Williams (Resigned, June 2024) Charity Number: 1119528 Company Number: 05999166 Company Secretary: S Fishenden Chief Executive Officer." S M Gray Registered Address: 71 College Road, Maidstone, Kent ME15 6SX Independent Auditors: Kreston Reeves Audit LLP, 2. Floor Maritime Place, Quayside, Chatham Maritime, Chatham, ME4 4QZ www.ylf.org.uk We want all young people to live in communities where they are hear< are safe and supporte4" with opportunitAes to thrive LEAVER in
.VPFO Young Lives Foundation l Financial Statements Year Ended 31" March 2025 The Youn Lives Foundation - Ob'ectives and Activities for Public Benefit The objectives of the charity, as set out in the memorandum of association, are: la) To meet the needs of young people and to promote their personal and social development and advancement in life by providing information, assistance and advice; and Ibl To meet the needs of adults over the age of 25 who have formerly received support from the charity, or such adults who are in need or socially or economically disadvantaged, by providing information, assistance and advice. The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit reporting when reviewing the charity's aims and objectives and in planning future activities. The Young Lives Foundation (YLF) has continued to provide a range of services and activities for the benefit of those in need across the South-East of England in line with the charit¢s vision.. We wont all young people to live in communities where they are heard, are safe ond supported,. with opportunities to thrive.. YLF works to achieve this by delivering on a mission; to support young people to thrive through highly effective and accessible programmes where: Young People's voices are heard and empowered (LISTEN) Young People are supported by consistent adultsthrough times of challenge and change (SUPPORTJ Young People have opportunities and resources to be happy and thrive (EMPOWER) YLF support is delivered through a set of unique programmes in the following areas: Youth Programmes Advocacy Programmes Futures Programmes for Care Leavers (Including Apprenticeships) These programmes are delivered by trained staff and volunteers in The YLF Way,; embedding our charity values.. Passionate- a charity that genuinely cares about young people and is driven by passion and setting high standards Stable and Consistent-offering long term support and a stable presence in communities and people's lives www.ylf.org.uk We want all young people to live in communities where they are hear< are safe and supporte4" with opportunitAes to thrive LEAVER in
.VPFO Young Lives Foundation l Financial Statements Year Ended 31" March 2025 Integrity- transparent and honest with strong moral principles and clear about what to do and why Innovative & Flexible-'A can do, charity. agile and adaptable to change, open to new ways of working with courage and ambition to learn, grow and offer value Gratitude- recognizing and valuing the contributions and support of others, always saying thank you for the gifts of time, money and support Respectful- treating all people equally and fairly YLF Activities and Achievements The last 12 months has presented continued challenges to the charity, particularly in respect of the higher costs of living, which has impacted on both fundraising and volunteer recruitment. YLF has responded with innovative strategies in response to these challenges with some success. However, the higher costs of living also resulted in higher demand for YLF Programmes to support families and young people. YLF continues to receive high referral rates for young people, some of whom were impacted by the pandemic in 2020, with regards to social isolation, seeking support for impact on mental health and emotional resilience, social skills, reliance on tech Iphones/tablets/consolesl and attendance or aspiration in education, training and employment. Despite these challenges, YLF continues to demonstrate a high degree of resilience, being agile to change, mobilising rapidly to varying demands whilst ensuring the charity and its people maintain the charity's mission and values, supporting over 2,900 people in 2024/25. YLF was delighted to be recognised with two awards at the Kent Charity Awards 2024. To be recognised as Kent's Mental Health Charity of the Year 2024 by the judges was a significant achievement and wonderful tribute of the hard work across the teams of staff and volunteers. To receive this accolade and recognition, at a time when children and young people's mental health is of great concern {if not at crisis pointl was a real testament of the difference and impact made by YLF'S teams. YLF continues to make progress towards being a 'trauma informed charity,, and this affirming recognition that 'non clinical approaches, such as the programmes delivered by YLF, make a profound difference on the emotional well-being of the young people, reaching into every element of YLF Listen- Support- Empower. Additionally, for our longest serving Volunteer, Mike, was recognised as Kenvs Volunteer of the Year, for his services to the Appropriate Adult role across the county over the last 29 years! There is no data that accurately indicates how many people across Kent & Medway were supported by Mike, but it is likely to be in the 5,OOOs plus. So, it was a very proud (and moving) moment when Mike was named the number I volunteer in the county 2024 and received his award. www.ylf.org.uk We want all young people to live in communities where they are hear< are safe and supporte4" with opportunitAes to thrive LEAVER in
.VPFO Young Lives Foundation l Financial Statements Year Ended 31" March 2025 YLF continues to see growth, in line with its ambitious strategy, being responsive and effective with the development of new support programmes. reaching wider groups of young people, recruiting and retaining a diverse and high performing team of volunteers, maintaining fundraising targets to resource much needed support programmes, whilst remaining financially secure with a shift to self- sustaining programmes. Feedback from young people and other stakeholders is used to affirm what a positive impact the support provided by YLF has on the lives of young people. Just watched the video of YLF winning Kent mentol heolth chority of the year and Mike getting volunteer of the year. Massive congratulations to you and all the YLF team - such an inspiration to work with you all, please do pass on my congratulations to everyone and thanks for all you dofor Kent s young people.- Assistant Director, KCC Children's Services YLF Advoca Pro rammes YLF'S Advocacy Programmes, continue to support an increasing number of vulnerable people each year with a wide range of issues. Enabling young people's voices to be heard in the decisions that affect their lives, providing consistent and stable adults and ensuring they are safeguarded in these processes is central to YLF'S mission and activity. A total of 2,537 people were supported through our Advocacy Programmes in 2024/25. Advocacy Services YLF provides the Rights and Advocacy service for young people receiving or eligible to receive support from both Kent and Medway Children's Seniices and children placed into Kent with neighbouring authorities. These services are commissioned by each local authority under their statutory obligations. In 2024/25, YLF advocates supported 565 young people who presented with a wide range of issues. Demand far exceeded the commissioning requirements, despite this, YLF Advocates were able to deliver quality support, evidence the outcomes and impact of advocacy interventions, whilst also evidencing added social value. YLF'S advocates supported young people, aged 5-24, through direct advocacy support, or by empowering the young person to self-advocate. Young people present to YLF with a wide range of issues relating to their lives, which this year included: placement moves, leaving care, education, housing/homelessness, legal or financial matters, standards of care, and family contact. YLF'S advocates also support and/or represent children and young people in meetings where decisions are being made about their lives. These meetings include Care Plan Reviews, care proceedings, Joint Housing Assessments and Family Group Conferences. YLF delivers the service using a team of experienced and trained advocates combining an extensive range of skills and experience to support the individual needs of young people accessing the service. www.ylf.org.uk We want all young people to live in communities where they are hear< are safe and supporte4" with opportunitAes to thrive LEAVER in
.VPFO Young Lives Foundation l Financial Statements Year Ended 31" March 2025 "It was only when I referred her to your service, and she had got an advocate that things began to changefor her. That is not to say the social worker didn't try but, young peoplefind it difficult to sometimes engage with social workers, but they do engage with advocates because you are impartiol. This then allows you to work towards change with services. In my opinion your service is invaluable You are so childfocused and always bring p051tive outcomes. Your also very quick with referrals today was Wlthin an hour. I will continue to referfor all my young people. Seniorsocial Worker "Your Advocates has been involved with a number of cases at Maidstone recently to support 16/17- year-olds during a Joint Housing Assessment. Some of those cases were very challenging for a variety of reasons, but I have received nothing but glowingfeedbockfrom multiple members of my team about your support. I myself have seen Advocates at work ond corresponded with your team regarding one particular case, and was impressed at how you championed and challenged appropriately on behalf of those you advocatefor. As l understand it, my team have described your service as brilliant" excellent calm -amozing" and expressed just how well you advocatefor t the young people you support. - Housing Officer Despite the difficulties youface, you are Still one of the best advocacy services in the country (Office of the Children's Commissioner) Accompanying Adult Service When asylum seeking children arrive in the UK unaccompanied. there will sometimes be confusion over their age. YLF has been delivering the Accompanying Adult Service across Kent for over 10 years, assisting in an age assessment interview process. YLF'S Accompanying Adults are trained staff and volunteers, who ensure interviews are conducted properly and fairly and are compliant with legal requirements. YLF Accompanying Adult Volunteers act independently from the Local Authority and are fully trained to ensure they can give the best support during assessments. The role of the Accompanying Adult is to ensure that the child understands why the age assessment is taking place and has an interpreter present, and to facilitate communication between all parties. YLF'S experience in working with vulnerable young people in times of distress, particularly in an interview setting, means it can offer excellent support to the young person and provide the right training to the volunteers who are delivering this crucial frontline work. In the last 12 months YLF supported 53 people at age assessment interviews. Independent Person Service An Independent Person11P1 is appointed to oversee the process of a Stage Two Complaint Investigation when a local authority receives a complaint about a child they have supported. www.ylf.org.uk We want all young people to live in communities where they are hear< are safe and supporte4" with opportunitAes to thrive LEAVER in
.VPFO Young Lives Foundation l Financial Statements Year Ended 31" March 2025 An IP is not an Advocate for the complainant. The role of the IP is to work alongside the Investigating Officer110) to provide an independent and objective view into the investigation of the complaint. YLF'S IPS are self-employed to avoid conflict of interest and comply with timescales for completion lup to a maximum 65 working days) in line with the requirements of The Children Act 1989 Representations Procedure Regulations and Guidance, 'Getting the Best from Complaints,. IPS provide a written report on the investigation written in plain language. Secure Panel Reviews YLF can provide trained and experienced staff to support further statutory processes such as Return Interviews and Secure Panel Reviews. YLF staff have expertise to ensure the young person has opportunities to express their views and opinions, feel listened to and, when appropriate, offer advice on further support or signpost them to other supportive services. Although independent from local authorities, YLF staff have established excellent protocols for partnership working with social work teams and are key in the delivery of effective communications which help safeguard young people. Appropriate Adult SeNice YLF recruits, trains and supports volunteers to act as appropriate adults for young people aged 10-17 and vulnerable adults when they are in Kent Police custody. The presence of an appropriate adult is a legal requirement under the Police and Criminal Evidence Act 1984 (PACE). In most cases, this role is carried out by a parent, family member, or carer, but when one of these is not in attendance, Kent Police call a volunteer to act as the appropriate adult. The role of an appropriate adult IS to monitor procedures in custody. facilitate communication between the detained person and the police and to ensure that the detained person is safeguarded whilst in custody. In addition to the above, YLF volunteers will raise any concerns they have about the safety or well-being of the detained person outside the police custody environment. In the year, YLF'S appropriate adults attended custody suites on 1,452 occasions. YLF is delighted and incredibly proud that the Appropriate Adult Service received The Queen's Award for Voluntary Service (QAVS). The service is available to all custody suites in the Kent Police area and is funded through Kent County Council and Medway Council under a contract. YLF'S Appropriate Adult Service meets the national standards set by the National Appropriate Adult Network and Home Office. www.ylf.org.uk We want all young people to live in communities where they are hear< are safe and supporte4" with opportunitAes to thrive LEAVER in
.VPFO Young Lives Foundation l Financial Statements Year Ended 31" March 2025 I want to express my sincere appreciation for the professionalism, compassion, and dedication shown by your volunteers ond staff. The way you mobilised swiftly and supported the young people involved, particulorly in such emotionolly charged circumstances. is o testament to the strength ond integrity of your service. Appropriate Adults ensured conslstent supportfor the young people. That level of commitment Is extraordinary and speaks volumes about the values your team upholds. Pleose pass on my thanks ond odmirotion to everyone involved. Your continued dedicotion makes a real difference, and I'm incredibly gratefulfor your ongoing partnership and 5UPPOrt.- Senior Commissioner, Kent County Council Medway Children and Young People's Council (MCYPC) YLF facilitates and supports young people speaking collectively about their experiences of being in care- principally through the Medway Children and Young People's Council (MCYPC). YLF provides the MCYPC for Medway Council and facilitates young people's involvement and engagement with the local authority as their corporate parent. The overall aim of MCYPC is to be the effective and representative voice of all children and young people in and leaving Medway Council's care, influencing the local authoriws policy. performance, practice and provision affecting life in care. The MCYPC has a mission to: Empower and promote the voice of Medwavs children in care and care leavers Improve resilience and social and emotional wellbeing Improve the experiences of those growing up in or leaving care Influence policy and practice Provide positive and educational experiences Members of the MCYPC have continued being the voice of Medway's 500 plus children in care by attending formal meetings with the Director of Children's and Adults, Services and by providing a proactive voice to the Corporate Parenting Group. During the year, over 364 young people participated in MCYPC Events and consultations, which included positive changes for individuals, influencing social care and health policy, changes to the wider community and changes to how MCYPC is delivered. This year MCYPC activities and campaigns include, 'Make Care a Protected Characteristic., introduced the MCYPC Buddy Scheme with Corporate Parents, delivered voice of the child training, co-facilitated and hosted the Time to Shine Awards Event for children in care and participation in Medway Council's staff recruitment processes. -1 really enjoy being part of the MCYPC, and very much feel part of the team. I like all the young people ond helpers ondfeel like I hove bonded with them oll My confidence has grown and Ifeel like I am heard and can make a differencefor other kids in care." www.ylf.org.uk We want all young people to live in communities where they are hear< are safe and supporte4" with opportunitAes to thrive LEAVER in
.VPFO Young Lives Foundation l Financial Statements Year Ended 31" March 2025 -ljust wanted to let you know how much I've enjoyed the reverse buddy meetings I have been having with the young mon from the MCYPC l am privileged to be matched with. I believe you hove come up trumps with this ideo. I have learnt o lotfrom my match. ond I hope he hos too. Chair of Medway Corporate Parenting Board Befriending (Independent Wisitors) YLF also recruits, trains and supports volunteers to act as Independent Visitors IIVI or Befrienders for voung people in care. The statutory role of the IV, as defined in The Children Act, is "to visit, advise and befriend" and to take a long-term interest in the young person's well-being and development. YLF'S befriending programme is designed for children in the care of local authorities and the Independent Visitor is a consistent and stable adult in the young person's l ife. Independent visitors spend good quality time with young people and vary the time between informal support and activities. The service is available to any eligible young person placed in Kent or Medway, with referrals being received from the young person's Social Worker. The service is funded through agreements with Kent County Council and Medway Council and through spot-purchase arrangements with other local authorities who place young people into the region. This support and having a consistent adult supporting a child as they navigate growing up in care is invaluable and often YLF'S Befrienders are the most consistent adult in the child's life. Over 103 children benefitted from having a YLF Befriender last year. "Ifeelfree to talk to her, our relationship is honest, and I tell her things,. I tell her how Ifeel, and she understands my perspective, l am hoppy that I can tell her how Ifeel, and she will understand why I did what I did"_ Young Person, aged 15 "This is on absolutelyfantostic scheme.. myfoster son hos on Independent Visitor, and it hos been the best thingfor him. I cannot speok highly enough obout it. He loves his visitor and they have a great relationship. I would recommend it to oll young peoplel" Foster Carer YLF Youth Pro rammes Youth programmes remain an integral pillar of the organisation's work, as the number of young people requiring preventative services in schools and communities continues to increase. Rising levels of social isolation, low resilience, and poor mental health have created a sustained need, to which the charity is responding by securing funding to expand its reach into new areas and communities most in need. The programmes have been refreshed and aspirational in their growth and development, reflecting a forward-looking approach that enhances quality, broadens reach, and strengthens impact for young people and communities. The nature-based model is a key attribute to the programmes. www.ylf.org.uk We want all young people to live in communities where they are hear< are safe and supporte4" with opportunitAes to thrive LEAVER in
.VPFO Young Lives Foundation l Financial Statements Year Ended 31" March 2025 LEGENDS Positive Activities Programme Legends Youth Groups operate weekly across the county, offering tailored sessions for junior and senior young people aged 8-17 who are experiencing isolation, low resilience, poor self-confidence, low mood, and the effects of deprivation. Led by experienced youth workers and supported by trained community volunteers, the groups provide inclusive safe, trusted spaces where young people can be themselves and take a break from the pressures they face in other areas of their lives. The sessions are primarily play-based, with integrated opportunities to explore new hobbies and activities, strengthen peer and community relationships, and participate in interventions that promote both physical and mental wellbeing. These experiences not only foster enjoyment but also build confidence, resilience, and a stronger sense of belonging. The impact of the groups is evidenced through outcomes for both young people and their families. Participants demonstrate improved school attendance. families report better dynamics and stronger relationships at home, and-most importantly-young people themselves consistently report that they feel safe, valued, and enjoy attending the groups. The groups provide a real safety net for young people who candidly talk to their youth workers about issues and challenges, which are responded to with warmth and professionalism, and in line with safeguarding procedures as and when required. Over 90°A of young people report feeling safe when attending the groups. During the year the programmes reached 130 individual young people across the county, with combined attendances reaching over 3000, demonstrating the consistency of support and positive vear-round engagement of our members. A number of young people have naturally graduated from the programmes upon reaching 18 years old, a newly established programme now encourages young people to train as peer mentors. This year four seNice users have remained engaged as peer mentors and continue to attend the groups as role models to young people. Referrals to the programme remain primarily from Specialist Children's Services, Early Help Teams, Schools and other Voluntary Groups, however we are also experiencing an increase of referrals directly from parents and carers. hi5 place has been an ab501ute game-changerfor K, he has come such a long way since coming to the Youth Club, the people that run it are absolutely t7mazing and give every child the time they need. Over the summer holidays, K hos had some amazing opportunities to go to lots of different places, zoos, parks, beoches.... ljust can't thonk all the stoff enoughfor everything you hove done for us ond all the help you have given us along he way. Everyone at this group goes above and beyond to make sure everything runs smoothly and everybody get what they need. Massive thank you to you all The summer activities have been really good. They helped me enjoy the school holidays, as otherwise I would have been stuck at home as my mum has to work every day. As l am very anxious, I don't have any other activities I can do on my own so the trips and activities really mean a lot to me and give me somethingfun to do each week. l am makingfriends at the group so this helps me too." www.ylf.org.uk We want all young people to live in communities where they are hear< are safe and supporte4" with opportunitAes to thrive LEAVER in
.VPFO Young Lives Foundation l Financial Statements Year Ended 31" March 2025 Mentoring Programmes Through our mentoring programme, we have supported 312 young people, providing tailored guidance to help them develop the skills, confidence, and resilience needed to succeed. Our reach has increased significantly through 201 school arrangements, where we are able to provide small nurture groups that bring multiple young people together to discuss topical issues and work towards shared goals. In addition, 110 community arrangements have extended our impact beyond the classroom, ensuring that young people are supported within their wider social environments. These outcomes reflect our strong commitment to delivering flexible and meaningful support to young people in environments they feel safe, and promoting greatest impact. Feedback from young people indicates the high quality and effectiveness of our mentoring programme. Participants rate their mentors at an average of 4.5 out of 5 stars, reflecting strong satisfaction with the guidance, support, and encouragement they receive. Importantly, the percentage of participants reporting higher levels of wellbeing almost doubled following engagement in the mentoring inteniention. This substantial increase demonstrates a clear and measurable positive impact on the overall wellbeing of young people, highlighting the programme's effectiveness in improving resilience, confidence, and personal development. "I have used YLF mentorsfor o number of years now. What is greot obout them is that they ore mentors and not counsellors which breoks down the barrier a lot of pupils and parents/carers have obout occessing help. If they think it is counselling, they tend to refuse but with mentors they are hoppy to engage. The YLF mentors will work with the pupilsfor a longer period of time which means thL7t they build up excellent relationships with the young person and can really impact on their well- being. I have had a number of pupils who do not want the mentoring tofinish as theyfind it so incredibly beneficial to help them navigtite the doy-to-day stresses of secondory school. The mentors who come into school really do change lives - without them I really don't know where the young people would be They are amazing. YLF'S Futures Care Leavers Offer YLF supports young people leaving foster care and transitioning to independent living through both its Advocacy Programmes and Youth Programmes. YLF also has a separate Care Leavers Offer, Futures, as part of its strategic commitment to care leavers and as part of its pledge with the National Care Leavers Covenant. YLF'S care leavers offer includes: Advocacy Support Mentoring Support Peer Support Groups Hardship Funds and Practical Support Participation Opportunities Apprenticeships (funded by Cobtree Trust) Care Leavers Packs Joint Christmas Campaigns with KCC www.ylf.org.uk We want all young people to live in communities where they are hear< are safe and supporte4" with opportunitAes to thrive LEAVER in
.VPFO Young Lives Foundation l Financial Statements Year Ended 31" March 2025 Alumni Support for young adults (like an extended family role} YLF is fully committed to ensuring care leavers are supported, have access to funding, support and training, opportunities and employment as part of its programme, which: Supports care leavers practically in developing life skills Reduces care leavers who are at risk of being Not in Education, Employment orTraining INEETI Sustains tenancies and placement stability Reduces loneliness and isolation by giving someone to talk to As part of YLF'S offer, care leavers can refer (or be referred) for a mentor, a trained volunteer who is independent from the Care system and Corporate Parent. Often young people who have an Independent Visitor will extend support post 18 and ensure that young people in transition to independence receives consistent support from a trusted adult. Over the last 12 months, 55 care leavers have received support from a specialist Care Leavers Mentor. he sUPPOrt I getfrom my Leaving Care Mentor 15 unreal,. She always replies to me when she is available and any time, I need support or I need a question answering she will slt on the phone to me or comes to see me. If I need to talk to her when l in feeling low, I call her and she will always answer the phone. She is a well good listener and makes me lough when I'm down, she always makes me see the positives in my life and I would recommend her to anyone os o Leaving Core Mentor. She is kind understanding ond alwoys wants to help me (Care Leaverj YLF has developed a positive network and partnerships with local businesses, trust5 and community groups to ensure care leavers can access work experience, apprenticeships, training opportunities and resources, i.e. Hygiene Bank. YLF has been able to distribute over £10,000 to care leavers in hardship grants, to support young people with clothing and equipment for work, pursue talents and interests and purchase resources for collegeluniversity. YLF also provides 'Welcome Packs, to care leavers moving into new accommodation, so they have essentials on arrival. YLF has established a positive partnership with Kent County Council in running a fundraising campaign so that every Christmas, all 2,000+ Kent Care Leavers receive a Christmas gift. YLFA renticeshi th Thanks to funding from The Cobtree Trust, YLF is now in its 11 year of offering apprenticeships to care experienced young people who were previously not in education or employment. This ambitious scheme provides opportunities for care leavers to learn and develop skills for the world of work in a safe and supportive environment. Apprentices are required to complete an NVQ Level 2 Qualification and when the time has come for them to move on, they do so with a qualification, skills, experience and a new found confidence - along with a helping hand and practical help to find alternative employment. www.ylf.org.uk We want all young people to live in communities where they are hear< are safe and supporte4" with opportunitAes to thrive LEAVER in
.VPFO Young Lives Foundation l Financial Statements Year Ended 31" March 2025 I have just attended training with your apprentice and wanted to say a Huge Thank You. It was so informotive and comingfrom a residential home where young people oftenfeel like they oren't heord or listened to. What you do with MCYPC in promoting a more positive outlook is amazing. H did a great job oy sharing her views and experiences. YLF Em owerin Our Peo The Value and Benefits of Volunteering Volunteers from YLF have once again shown how valuable the gift of time can be with over 1,900 people benefiting from that gift in 2024/25. YLF continues to recognise the importance of ensuring its team of 200 volunteers are trained and supported in delivering high quality frontline services and achieving the exemplary standards that have been set. YLF continues to be recognised as leading charity in Kent delivering volunteer led support, across all aspects of volunteer management, safer recruitment, selection, training, support and retention. Over the last 12 months YLF recruited and trained 73 new volunteers. -1 have been volunteering with YLFfor several years now and as a retired children's nurse the chority hos enabled me to continue to support vulnerable children and young people but in a lessformal role. Seeing children positively imparted by community SUPPOrt is extremely rewarding and a huge highlightfor me was receiving o voice notefrom o young person telling me how much he valued my Support in a time that had been 50 very challengingfor him. We get to witness both big and small winsfrequentlyfrom the CYP themselves and theirfamilies. The progress the CYP make is truly inspirotionol. Over the year, YLF'S volunteers gave over 10,000 hours of frontline support to vulnerable people. When calculated at the minimum wage this equates to an estimated value of £125,000- a gift to the Kent economy. Volunteers tell us how they themselves also benefit from these volunteering activities. Their horizons have been broadened; they have found new employment/career pathways, supported their educational attainment and they are able to see beyond the stereotypes of 'younE people toda¢ and understand better the challenges and issues that some young people have to face. My experiencefrom volunteering with YLF is how good it makes mefeel. It's like having another family where you oll support each other and ore very looked ofter. There's olwoys someone on hond f you'refeeling overwhelmed. It s such a positive atmosphere. We get to experience so mony different things that make it great and watching how the children grow and how you've been a positive part of their lives justfrom being therefeels great. Itfeels good to do something positivefor people who so desperately need it. Knowing that what I'm giving is invaluoble ond appreciated to someone else. There s nothing I'd want to do more with myfree time. Afew years back I didn't think I was capable of anything like this. Now I couldn't imagine doing anything else." www.ylf.org.uk We want all young people to live in communities where they are hear< are safe and supporte4" with opportunitAes to thrive LEAVER in
.VPFO Young Lives Foundation l Financial Statements Year Ended 31" March 2025 YLF is delighted to have been awarded The National Appropriate Adult Network Standard and the NCVO Investing in Volunteers Award. This demonstrates that YLF is a supportive organisation to volunteer with and that there are effective systems in place for keeping volunteers and service users safe. Student Placements & Work Ex erience YLF also offers placements for MA and BA Social Work Students from local universities. These placements offer invaluable learning experiences to students to support them in their studies and future career goals. We have also offered young people, supported by our programmes, unique work experience opportunities, learning about the world of work in a thriving charity environment. "I have now come to the end of my 70-day plocement with YLF ond I would like to thank everyonefor making my time with you all so enjoyable. I have learnt so so much from you all and hope to continue o small volunteering role when I can. Being able to see a 'niche' side of the profession I want to go into ond seeing how sociol workers offect so mony young people whether thot be positively or negatively. I hope to positively impoct people ond this plocement hos helped me to develop the skills and knowledge to do this. Thank you all again and I lookforward to thefuture. YLF- Financial Review Going concern. After making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies. Reserves Policy The policy in respect of reserve funds is to build and maintain reserves at a level sufficient to sustain and enhance existing work, where necessary and appropriate; enable the development of new areas of work and contribute towards the central costs of the charity. YLF Trustees aim to build free reserves to cover six months operational costs. Total reserves are £566,363 of which, £480,586 are free reseNes. This is slightly above the charit¢s reserves policy of allowing for 6 months of operating costs which equates to £441,628 to meet its charitable objectives over the coming period. During the year, following the withdrawal of funding from Kent County Council, the Trustees took the strategic decision to utilise a proportion of the charity reserves in order to maintain mentoring support of young people and address the continued high demand this seriice. It was deemed that this was appropriate use of resee5 whilst implementing a fundraising strategy to source external and sustainable funding for mentoring going fonvard, which has been secured for 2025. www.ylf.org.uk We want all young people to live in communities where they are hear< are safe and supporte4" with opportunitAes to thrive LEAVER in
.VPFO Young Lives Foundation l Financial Statements Year Ended 31" March 2025 Financial OveNiew The charity generated total income of £983.562 during the year (2024: £925.8451, primarily from contract income from local authorities, grants and fundraising events. Expenditure totalled £1,124,223 {2024: £1,103,149), resulting in a net deficit of £140,66112024: £177,304 deficit). (see below} Fund Performance Unrestricted funds decreased by £92,047, reflecting the Board of Trustees strategic decision to maintain services despite funding being withdrawn due to funding constraints within a key partner. This has resulted in the charity running deficit for the past 3 years. Fortunately , the level of brought forward reserves had enabled the charity to continue its full range of services during these years of annual deficit. Post April 2025, the charity received confirmation of new funding via new contracts and has achieved increased donations. Indications are that the deficit will be substantially reduced in the year 2025/26 and will further improve in the following year once we have had the full annual benefit of these new funding arrangements. Restricted funds were applied in accordance with donor intentions, supporting YLF Youth Programmes and innovative developments in relation to YLF Futures Care Leavers Offer. Risk Management Risk management measures are in place covering both financial and non-financial risks. The latter category includes health and safety, lone working. business continuity and safeguarding the young people and vulnerable adults with whom the charity works. All activities involving young people are rigorously risk assessed. The financial risks to which the charity might be exposed are regularly reviewed and action taken, as required, to protect the chariW5 cash assets. Particular attention has been paid during the year to the risks the charity might face from changes in the social care landscape, funding environment and commissioning regime. A business continuity strategy and risk register are in place and monitored quarterly by the Finance and Risk Committee, a subcommittee of the Full Board of Trustees. They ensure that the charity can engage positively and creatively with the challenges and opportunities being presented and can also mitigate the impact of any reductions in local authority grants or external fundraising. Principal Funding Sources The charity's principal funding continues to come from local authority contracts for commissioned services and activities144% of income). Fundraising events, fundraised grants and voluntary donations (48°A of income) have played an increasingly important part during the year. The remaining 7Yo of income is made up of investment and earned income. For every £1 raised by YLF fundraising activity. at least 90 pence is allocated to front line services and support. www.ylf.org.uk We want all young people to live in communities where they are hear< are safe and supporte4" with opportunitAes to thrive LEAVER in
.VPFO Young Lives Foundation l Financial Statements Year Ended 31" March 2025 Investment Policy The Trustees have kept the charitVs investment policy under review during the year balancing diversification, to ensure that funds placed on deposit are covered by compensation arrangements, with the need to obtain a reasonable return on investments. YLF- Structure Governance and Mana ement Constitution The Young Lives Foundation is a registered as a charitable company limited by guarantee and was set up by a Trust Deed. Recruitment and Appointment of Trustees The Directors of the company are also charity Trustees as defined by Section 97 of the Charities Act 1993. All Trustees give their time voluntarily and receive no benefits from the charity. The charity is fortunate in retaining Trustees who have a demonstrable commitment to its work and who collectively possess a range of business and professional skills including business management and development, finance and fundraising, marketing, HR and family law. YLF also has Trustees who acts as a frontline volunteer with the charity and Trustees with lived experience having previously been supported by the charity. Trustee Induction and Training Trustees receive regular written and oral briefings on the chariws services and activities. There are also opportunities during the year for Trustees to meet with staff, volunteers and young people with whom the charity works. Those invited to become Trustees have opportunities to meet with the Chairman and existing Trustees and with the CEO and YLF staff team to discuss the role and to learn more about the CharItS organisation, aims, objectives and operations. New Trustees also receive a comprehensive induction to the work and management of the charity from the CEO and an experienced Trustee and undertake training on Safeguarding, GDPR, Prevent and Equality and Diversity. The Board The Board of Trustees meets at least four times a year. The Board has overall responsibility for the effective governance of the charity and for setting the long-term strategy. Managerial responsibility is delegated to the CEO. In addition, there are sub-committees of the Board where vital areas of the charity's governance can be given more focused input. Sub Committees are Finance and Risk. Fundraising and Governance. Trustees also commission an annual Safeguarding Audit of YLF'S safeguarding policies and practices. www.ylf.org.uk We want all young people to live in communities where they are hear< are safe and supporte4" with opportunitAes to thrive LEAVER in
.VPFO Young Lives Foundation l Financial Statements Year Ended 31" March 2025 Trustees undergo training relevant to their duties and responsibilities during their term in office, undertaking mandatory eLearning as required. YLF adopts the Charity Commission Good Governance Code as a benchmark for the governance of the charity. Plans for Future Period The Young Lives Foundation is dedicated to maintaining the highest standards of practice throughout its work with vulnerable young people. The input and feedback given by partners, professionals, staff, volunteers and most importantly, the young people supported is highly valued. YLF aims to develop and enhance its SeiCe5 to meet the needs and demands of beneficiaries each year whilst ensuring that positive outcomes are achieved. YLF launched a new 5-yearstrategy in 2024, with the objectives of protecting, building and strengthening the charity to ensure it can sustain and develop activity and support and be the best it can be through.. Effective Programmes Empowered People Sustainable & Resilient Infrastructure Be the Best We Can Be Through Effective and Responsive Programmes We are led by the needs of young people, providing high quality programmes which are measurable, eff icient, innovative and offer added social value= Be Effertive Embed a variety of inclusive measuring tools to review and evidence quality and impact on young people's lives. o Guarantee programmes meet National Standards and undertake collaborative benchmarking with partners to inform and improve practice. Demonstrate and communicate impact and added social value acr055 all programmes and the 'YLF Way, (being the best we can be) to a wider audience. Be Responsive Increase organizational capacityto meet the needs of young people in a timely way. Increase and maximize technologies and resources in the digital world to ensure programmes are accessible and inclusive for young people, volunteers, and donors/supporters. Increase Reach Increase programmes that are flexible and innovative to ensure more young people can be supported year on year. o Grow effective collaborations internally and externallyto ensure young people can access the best support available. Increasing availability of new, well-resourced, and innovative spaces for young people and volunteers to access and work from www.ylf.org.uk We want all young people to live in communities where they are hear< are safe and supporte4" with opportunitAes to thrive LEAVER in
.VPFO Young Lives Foundation l Financial Statements Year Ended 31" March 2025 Empowering People to Be the BestThey Can Sustain our reputation as an outstanding employer and place to volunteer, a champion of development, inclusion, recognition and aspiration. Empowering strong and effertive individuals, teams, leadership and governance Embed a set of key competencies and opportunities with training and development programmes to build appropriate skills and expertise across the charity. Ensure the YLF Volunteer experience is the best it can be, volunteers are valued and embedded in the charity (The YLF Way) Have an effective Volunteer Recruitment StrateEY ensuring capacity to meet demand and that recruitment processes are accessible and timely. Develop effective support packages forvolunteers across programmes with reward and recognition built in, so that volunteers are retained and get the best volunteering experience (The YLF Way) Investment in Resources Towards a Self -sustaining and Resilient Charity Maintain and grow our financial sustainability and resilience towards a self-sustainin& secure charity, maximizing resources and is resilient to change and challenges Develop and implement an ambitious fundraising strategy Increase reach across a wide-ranging audience, utilising a variety of fundraising tools which are inclusive, accessible, time and cost efficient. Retain and improve relationships with donors and offer regular communications about our work. and the difference they make through their donations and support. Develop innovative and ambitious Strategies for YLF trading and social enterprises Increase opportunities and business models for compliant charity trading to generate income. Develop structures fordelivering entrepreneurial programmes as social enterprises to generate income. Ensuring the charity remains financially secure Maintain responsible levels of reserves in line with the reserves policy, investing in low-risk investments to generate income. Ensure overhead costs are constantly minimized. Post Balance Sheet Events There have been no events since the Balance Sheet date that have materially altered the position of the charity as represented within these financial statements. www.ylf.org.uk We want all young people to live in communities where they are hear< are safe and supporte4" with opportunitAes to thrive LEAVER in
.VPFO Young Lives Foundation l Financial Statements Year Ended 31" March 2025 Trustees. Res onsibilities The Trustees (who are also the directors of YLF for the purposes of company law) are responsible for preparing the Trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice}. Company law requires the Trustees to prepare financial statements for each financial year. Under company law the 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 charitable company and of its incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements the Trustees are required to: select suitable accounting policies and then apply them consistently observe the methods and principles in the Charities SORP make judgements and estimates that are reasonable and prudent prepare the financial statement5 on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence fortaking reasonable steps for the prevention and detection of fraud and other irregularities. Disclosure of Information to Auditors Each of the persons who are Trustees at the time when this Trustees, report is approved has confirmed that: so far as Trustees are aware, there is no relevant audit information of which the charitable company's auditors are unaware, and; that Trustees have taken all the steps that ought to have been taken as a Trustee in order to be aware of any relevant audit information and to establish that the charitable companvs auditors are aware of that information. www.ylf.org.uk We want all young people to live in communities where they are hear< are safe and supporte4" with opportunitAes to thrive LEAVER in
.VPFO Young Lives Foundation l Financial Statements Year Ended 31" March 2025 Auditors The audit registration of Kreston Reeves LLP was transferred to Kreston Reeves Audit LLP on 6 October 2025. Kreston Reeves Audit LLP were formally appointed as auditor to the company on 6 October 2025. The auditors, Kreston Reeves, have indicated their willingness to continue in office. The Designated Trustees will propose a motion re-appointing the auditors at a meeting of the Trustees. In preparing this report, the Trustees have taken advantage of the small companies, exemptions provided by section 415A of the Companies Act 2006. Approved by the Board of Trustees on 2 November 2025 and Signed on their behalf by: _ A Godden I CHAIRMAN Registered office 71 College Road, Maidstone Kent ME15 6SX www.ylf.org.uk We want all young people to live in communities where they are hear< are safe and supporte4" with opportunitAes to thrive LEAVER in
The Young Lives Foundation (A company limited by guarantee) Independent auditors. report to the Members of The Young Lives Foundation Opinion We have audited the financial statements of The Young Lives Foundation (the 'charity') for the year ended 31 March 2025 which comprise the Statement of financial activities, the Balance sheet, the Statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements= give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of ils incoming resources and application of resources. including its income and expenditure for the year then ended., have been properly prepare(i in accordance with United Kingdom Generally Accepted Accounting Practice., and have been prepared in accordan with the requirements ofthe Companies Act 2006. Basis for opinion We conducted our audit in accordance with Intemational Standards on Auditing (UK) IISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors, responsibililies for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Stsndard. and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concem In auditing the financial statements, we have concluded that the Trustees. use of the going concem basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identrfied any material UnrtaIntieS relating to events or conditions that, individually or collectively. may cast significant doubt on the charitable company's ability to continue as a going concem for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.
The Young Lives Foundation (A company limited by guarantee) Independent auditors. report to the Members of The Young Lives Foundation (continued) Other infomiation The other information comprises the infomiation included in the Annual report other than the financial statements and our Auditors, report thereon. The Trustees are responsible for the other information contained within the Annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any fomi of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so. consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements. we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Opinion on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit: the information given in the Trustees, report for the financial year for which the financial statements are prepared is consistent with the financial statements. the Trustees. report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit. we have not identified material misstatements in the Trustees, report. We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires us to report to you if, in our opinion: adequate accounting records have not been kept, or retums adequate for our audit have not been received from branches not visited by us- or the financial statements are not in agreement with the accounting records and retums., or certain disclosures of Trustees. remuneration specified by law are not made" or we have not received all the information and explanations we require for our audit. or the Trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies, exemptions in preparing the Truslees, report and from the requirement to prepare a Strategic report. Responsibilities of trustees As explained more fully in the Trustees. responsibilities statement, the Trustees {who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such inlemal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the Trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable. matters related to going cOnM and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
The Young Lives Foundation (A company limited by guarantee) Independent auditors. report to the Members of The Young Lives Foundation (continued) Auditors. responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors, report that includes our opinion. Reasonable assuran is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud. are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above. to detect material misstatements in respect of irregularities. including fraud. The extent to which our prOdureS are capable of detecting irregularities, including fraud is detailed below: Capability of the audit in detecting irregularities, including fraud The objectives of our audit are to identify and assess the risks of material misstatement of the financial statements due to fraud or error; to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement due to fraud or error- and to respond appropriately to those risks. Based on our understanding of the Charity and sector, and through discussion with the Trustees and olher management (as required by auditing standards), we identified that the principal risks of non-compliance with laws and regulations related to health and safety, anti-bribery and employment law. We considered the extenl to which non-compliance might have a material effect on the financial statements. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Charities Act 2011 and the Statement of Recommended Practice. We communicated identified laws and regulations throughout our team and remained alert to any indications of non-compliance throughout the audit. We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls) and detem)ined that the principal risks related to management bias in accounting estimates and judgemental areas of the financial statements such. Audit procedures perfomed by the audit engagement team included: Discussions with management and assessment of known or suspected instances of non-compliance with laws and regulations (including health and safety} and fraud- and Assessment of identified fraud risk factors- and Review of cash expenditure to confirm no evidence of personal benefit" and Challenging assumptions and judgements made by management in its significant accounting estimates., and Performing analytical procedures to identify any unusual or unexpected relationships, including related party transactions, that may indicate risks of material misstatement due to fraud; and Confirmation of related parties with management. and review of transactions throughout the period to identify any previously undisclosed transactions with related parties outside the nomial course of business. and Reading minutes of meetings of those charged with governance. and Performing analytical procedures with automated data analytics tools to identify any unusual or unexpected relationships. including related party transactions, that may indicate risks of material misstatement due to fraud; and Physical inspection oftangible assets susceptible lofraud or irregularity- and Review of significant and unusual transactions- and Identifying and tesling joumal entries, in particular any manual entries made at the year end for financial statement preparation.
The Young Lives Foundation (A company limited by guarantee) Independent auditors. report to the Members of The Young Lives Foundation (continued) As part of an audit in accordance with ISAS (UK). we exercise professional judgment and maintain professional scepticism throughout the audit. We also= Identify and assess the risks of material misstatement of the financial statements. whether due to fraud or error, design and perform audit prOdureS responsive to those risks. and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery. intentional omissions, misrepresentations. or the override of intemal control. Obtain an understanding of intemal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion of the effectiveness of the charitable company's intemal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Trustees. Conclude on the appropriateness of the Trustees. use of the going concern basis of accounting and, based on the audit evidence obtained. whether a material UnrtaInty exists related to events or conditions that may cast significant doubt on the charitable company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our Auditors, report to the related disclosures in the financial statements or. if such disclosures are inadequate. to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our Auditors, report. However, future events or conditions may cause the charitable company to cease lo continue as a going concem. Evaluate the overall presentation. structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those charged with governan regarding, among other matters. the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. Use of our report This report is made solely to the charitable companys members. as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an Auditors. report and for no other purpose. To the fullest extent permitted by law. we do not accept or assume responsibility to anyone other than the charitable company and its members. as a body. for our audit work, for this report, or for the opinions we have formed. Samantha Rouse FCCA DChA (Senior statutory auditor) for and on behalf of Kreston Reeves Audit LLP Statutory Auditor Chatham Maritime Date: 27 November 2025
The Young Lives Foundation (A company limited by guarantee) Statement of financial activities (incorporating income and expenditure account) For the year ended 31 March 2025 Restricted Unrestricted funds funds 2025 2025 Total funds 2025 Total funds 2024 Note Income from: Donations and legacies Charitable activities Other trading activities Investments 15.862 203,527 2,249 173,364 519,2TT 41.622 27,661 189,226 722,804 43,871 27,661 59,930 831,201 32,492 2.222 Total income 221,638 761,924 983,562 925,845 Expenditure on: Charitable activities 270,252 853,971 1.124,223 1,103,149 Total expenditure 270,252 853,971 1.124,223 1,103,149 Net movement in funds (48,614) {92,047) {140.661) {177,304) Reconciliation of funds: Total funds brought forward Net movement in funds 134,391 (48,614) 572,633 {92,047) 707,024 (140,661) 884.328 (177,304) Total funds carried fOard 85,777 480,586 566,363 707,024 The Statement of financial activities includes all gains and losses recognised in the year. The notes on pages 29 to 41 form part of these financial ststements.
The Young Lives Foundation (A company limited by guarantee) Registered number: 05999166 Balance sheet As at 31 March 2025 2025 2024 Note Fixed assets Tangible assets 12 Current assets Debtors 13 13.372 622,778 46,466 761,100 Cash at bank and in hand 636,150 807,566 Current liabilities Creditors: amounts falling due within one year 14 (69,787) (100.542) Net current assets 566,363 707,024 Total assets less current liabilities 566,363 707,024 Total net assets 566,363 707.024 Charity funds Restricted funds Unrestricted funds 15 15 85.777 480,586 134.391 572,633 Total funds 566,363 707,024 The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime. The financial statements were approved and authorized f(K issue by the Trustees on and signed on their behalf by: A Godden (Chair of Trustees) Date: 26th November 2025 The notes on pages 29 to 41 form part of these financial statements.
The Young Lives Foundation (A company limited by guarantee) Statement of cash flows For the year ended 31 March 2025 2025 2024 Cash flows from operating activities Net cash used in operating activities {165.983) (151 ,7681 Cash flows from investing activities Dividends, interests and rents from investments 27,661 2,222 Net cash provided by investing activities 27,661 2,222 Cash flows from financing activities Change in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the year {138,322) 761,100 (149,546) 910.646 Cash and cash equivalents at the end of the year 622,778 761,100 The notes on pages 29 to 41 form part of these financial statements
The Young Lives Foundation (A company limited by guarantee) Notes to the financial statements For the year ended 31 March 2025 General infomiation The Young Lives Foundation is a company. limited by guarantee, incorporated in England and Wales. The company registration number is 05999166. The registered office address is 71 College Road, Maidstone, Kent, ME15 6SX. Accounting policies 2.1 Basis of preparation of financial statements The financial statements have been prepared in accordan with the Charities SORP (FRS 102) Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The Young Lives Foundation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. 2.2 Going concem The Trustees assess whether the use of going concem is appropriate i.e. whether there are any material uncertainties related to events or conditions thal may cast significant doubt on the ability of the Charity to continue as a going concem. The Truslees make this assessment in respect of a period of at least one year from the date of authorisation for issue of the financial statements and have concluded that the Charity has adequate resources to continue in operational existence for the foreseeable future and there are no material uncertainties about the Charity's ability to continue as a going concem, thus they continue to adopt the going concern basis of accounting in preparing the financial slatements. 2.3 Income All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the Charity has sufficient evidence that a gift has been left to them (through knowledge of the existen of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable. which will generally be the expected cash amount to be distributed to the Charity, can be reliably measured. Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlemenl of receipl, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is reived, the income is accrued. Income tax recoverable in relation to investment income is recognised al the time the investment income is re1Vable.
The Young Lives Foundation (A company limited by guarantee) Notes to the financial statements For the year ended 31 March 2025 Accounting policies (continued) 2.4 Expenditure Expenditure is recognised once there 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 not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. 2.5 Interest receivable Interest on funds hel(i on deposit is included when receivable and the amount can be measured reliably by the Charity- this is nomially upon notification of the interest paid or payable by the institution with whom the funds are deposited. 2.6 Taxation The Charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992. to the exient that such income or gains are applied exclusively to charitable purposes. 2.7 Debtors Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 2.8 Cash at bank and in hand Cash at bank and in hand includes cash and short-tenn highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 2.9 Liabilities and provisions Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it musi provide. Provisions are measured at the best estimate of the amounts required to settle the obligalion. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
The Young Lives Foundation (A company limited by guarantee) Notes to the financial statements For the year ended 31 March 2025 Accounting policies (continued) 2.10 Financial instruments The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the expIlOn of bank loans which are subsequently measured at amortised cost using the effective interest method. 2.11 Operating leases Rentals paid under operating leases are charged to the Statement of financial activities on a straight- line basis over the lease term. 2.12 Pensions The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year. 2.13 Fund accounting General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Investment income, gains and losses are allocated to the appropriate fund.
The Young Lives Foundation (A company limited by guarantee) Notes to the financial statements For the year ended 31 March 2025 Income from donations and legacies Restricted Unrestricted funds funds 2025 2025 Total funds 2025 Total funds 2024 Donations 15.862 173,364 189,226 59,930 Total 2024 18.517 41,413 59,930 Income from charitable activities Restricted Unrestricted funds funds 2025 2025 Total funds 2025 Total funds 2024 Local Authority Service Agreements Fundraised Income- Grants and Trusts 15.481 185.041 466,173 7,370 22,853 22,881 481,654 192,411 22,853 25,886 507,448 284,582 17.712 21,459 Fundraised income- Events Eamed income 3.005 203.527 519,277 722,804 831,201 Total 2024 198,067 633,134 831,201 Income from other trading activities Income from fundraising events Restricted Unrestricted funds fvnds 2025 2025 Total funds 2025 Total funds 2024 Fundraising Events 2.249 41,622 43,871 32,492 Total 2024 26,154 6,338 32,492
The Young Lives Foundation (A company limited by guarantee) Notes to the financial statements For the year ended 31 March 2025 Investment income Unrestricted funds 2025 Total funds 2025 Total funds 2024 Bank interest 27,661 27,661 2.222 Total 2024 2.222 2.222 Analysis of expenditure on charitable activities Summary by fund type Restricted Unrestricted funds funds 2025 2025 Total 2025 Total 2024 Charitable activities 270.252 853,971 1,124,223 1,103,149 Total 2024 250,286 852.863 1,103.149 Analysis of expenditure by activities Activities undertaken directly 2025 Support costs 2025 Total funds 2025 Total funds 2024 Charitable Activities 1.011.707 112.516 1,124,223 1,103,149 Total 2024 994,861 108,288 1,103,149
The Young Lives Foundation (A company limited by guarantee) Notes to the financial statements For the year ended 31 March 2025 Analysis of expenditure by activities (continued) Analysis of direct costs Total funds 2025 Total funds 2024 Activities 2025 Staff costs 825,362 186.345 825,362 186,345 821,451 173,410 Project expenses 1,011,707 1,011,707 994,861 Total 2024 994.861 994,861 Analysis of support costs Total funds 2025 Total funds 2024 Activities 2025 Repairs & Maintenance Legal & Professional Rent, Rates & Utilities Printing, Postage & Stationery IT costs 1,706 19,802 24,622 13,656 18,334 17,957 8.331 7.847 1,706 19,802 24,622 13,656 18,334 17,957 8,331 7,847 2,212 12,134 24,816 10,723 17,988 16,500 7,817 14,535 1,323 240 Telephone costs Motor costs Sundry expenditure Fundraising costs Interpreting costs 261 261 112.516 112,516 108,288 Total 2024 108,288 108,288 Auditors. remuneration 2025 2024 Fees payable to the Charity's auditor forthe audit of the Charity's annual accounts 11,500 7.800
The Young Lives Foundation (A company limited by guarantee) Notes to the financial statements For the year ended 31 March 2025 10. Staff costs 2025 2024 Wages and salaries Social security costs Contribution to defined contribution pension schemes 736,024 58,708 30,630 740,255 50,766 30,430 825,362 821,451 The average number of persons employed by the Charity during the year was as follows: 2025 No. 2024 No. Employees 37 35 The average headcount expressed as full-lime equivalents vrfas: 2025 No. 2024 No. Employees 24 The number of employees whose employee benefits (excluding employer pension costs) exeded £60,000 was: 2025 No. 2024 No. In the band £70,001- £80,000 The total employment benefrts including employers. pension contrrbutions and employers. national insurance of the key management personnel were £212,197 {2024 - £178,469) 11. Trustees. remuneration and expenses During the year. no Trustees reiVed any remuneration or other benefits (2024 - £NIL). During the year ended 31 March 2025. no Trustee expenses have been incurred (2024- £162). 12. Tangible fixed assets Motor vehicles Office equipment Totsl Cost or valuation At 1 April 2024 22.075 2,793 24,868 At 31 March 2025 22,075 2,793 24,868
The Young Lives Foundation (A company limited by guarantee) Notes to the financial statements For the year ended 31 March 2025 12. Tangible fixed assets (continued) Motor vehicles Office equipment Total Depreciation Al 1 April 2024 22,075 2,793 24,868 At 31 March 2025 22,075 2.793 24,868 Net book value At 31 March 2025 At 31 March 2024 13. Debtors 2025 2024 Due within one year Trade debtors 7,852 44,388 1.264 814 Other debtors Prepayments and accrued income 5,520 13,372 46,466 14. Creditors: Amounts falling due within one year 2025 2024 Trade creditors 6,002 13,844 11,717 38,224 5.464 26,268 13,153 55,657 Other taxation and social security Other creditors Accruals and deferred income 69,787 100,542
The Young Lives Foundation (A company limited by guarantee) Notes to the financial statements For the year ended 31 March 2025 15. Statement of funds Statement of funds - current year As stated Balance at 1 April 2024 Balance at 31 March 2025 Income Expenditure Unrestricted funds General Funds 572,633 761,924 (853,971) 480,586 Restricted funds Leaving care Cobtree Trust Aprentices Hardship grants Positive activities (Legends Programme) Reaching Communities (National Lottery) 93,661 13.700 5,720 106,341 2,216 (112,592) (10,243) (5,423) (117,394) (24,600) 39,717 16,391 6,068 34,548 (10,947) 12.934 5,771 45.601 11,437 134,391 221,638 (270,252) 85,777 Total of funds 707,024 983,562 (1.124,223) 566,363 Cobree Trust Apprentices-This is an agreement that we used this grant to pay an apprentice Hardship Grants These are individual grants that are requested for and only used for the purpose applied for, for example help with course fees, interviewlwork clothing or travel costs. Positive Activities (Legends programs) - These are grants that specifically require us to use them in the youth hubs Reaching communities (National Lottery) This project grant is to support young people to thrive through highly effective and accessible programmes where they: are given a voice, are heard and empowered are supported by consistent adults through times of challenge and change have opportunities and resources lo be happy and thrive. Leaving Care This fund consists of several awarded grants, to support care leavers with activities, such as 'Supper Clubs, where they can interacvengage with peers and mentoring and our Christmas campaign which raises fund to provide 2000 care leavers with a gift voucher and the opportunity to attend a Christmas dinner on Christmas day.
The Young Lives Foundation (A company limited by guarantee) Notes to the financial statements For the year ended 31 March 2025 15. Slatement of funds (continued) Statement of funds- prior year As restated Balance at 31 March 2024 As restated Balance at As restated As restated 1 April 2023 Incorne Expenditure Unrestricted funds General Funds 742.388 683.107 (852,862) 572,633 As restated Balance at 31 March 2024 As restated Balance at As restated As restated 1 April 2023 Income Expenditure Restricted funds Leaving care Cobtree Trust AprentiS Hardship grants Positive Activities 65.333 10.256 1.853 64.498 40,377 13,200 8,905 180.256 (52,593) (10,522) (4.987) (182,185) 53,117 12,934 5.771 62,569 141.940 242.738 (250,287) 134.391 Total of funds 884,328 925,845 (1,103,149) 707,024 16. Summary of funds Summary of funds- current year As restated Balance at 1 April 2024 Balance at 31 March 2025 Income Expenditure General funds Restricted funds 572,633 134,391 761,924 221,638 (853,971) (270,252) 480,586 85,777 707,024 983,562 (1,124,223) 566,363
The Young Lives Foundation (A company limited by guarantee) Notes to the financial statements For the year ended 31 March 2025 16. Summary of funds (continued) Summary of funds- prior year As restated Balan at 1 April 2023 Balance at 31 March 2024 As restated As restated Income Expenditure General funds 742.388 141.940 683.107 242.738 (852,862) (250,287) 572,633 134.391 Restricted funds 884.328 925.845 (1.103,149) 707.024 17. Prior year adjustment Following a review of funding aangeMents. income from certain local authority contracts and grants was reclassified from restricted to unrestricted funds. These funds were previously treated as restricted but did not meet the Charities SORP definition, as they were governed by service level agreements rather than donor-imposed restrictions. Comparative figures have been restated to reflect this, resulting in= A decrease in restricted funds of £445,041. A corresponding increase in unrestricted funds of £445,041. There is no impact on the total funds or net assets of the charity. 18. Analysis of net assets between funds Analysis of net assets between funds - current year Restricted Unrestricted funds funds 2025 2025 Total funds 2025 Current assets Creditors due within one year 85,777 550.373 (69,787) 636,150 (69.787) Total 85,777 480,586 566,363
The Young Lives Foundation (A company limited by guarantee) Notes to the financial statements For the year ended 31 March 2025 18. Analysis of net assets between funds (continued) Analysis of net assets between funds - prior year (as restated) As restated As restated Restricted Unrestricted funds funds 2024 2024 Total funds 2024 Current assets 134,391 673,175 (100.542) 807,566 (100,542) Creditors due within one year Total 134,391 572,633 707,024 19. Reconciliation of net movement in funds to net cash flow from operating activities 2025 2024 Net expenditure for the year (as per Ststement of Financial Acti vities) (140,661) {177,304) Adjustments for: Dividends, interests and rents from investments Decrease in debtors Decrease in creditors (27,661) 33,094 (30,755) (2,222) 8.677 19,081 Net cash used in operating activities (165,983) (151,768} 20. Analysis of cash and cash equivalents 2025 2024 Cash in hand 622,778 761,100 Total cash and cash equivalents 622,778 761,100 21. Analysis of changes in net debt At 1 April 2024 Cash flows At 31 March 2025 Cash at bank and in hand 761,100 {138.322) 622,778 761,100 (138,322) 622,778
The Young Lives Foundation (A company limited by guarantee) Notes to the financial statements For the year ended 31 March 2025 22. Pension commitments The Charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the Charity in an independently administered fund. The pension cost charge represents contributions payable by the Charity to the fund and amounted to £30,630 (2024 £30,430). Contribution totalling £6.954 (2023 - £8.390) were payable to the fund at the balan sheet date and are included in creditors. 23. Operating lease commitments At 31 March 2025 the Charity had commitments to make future minimum lease payments under non- cancellable operating leases as follows: 2025 2024 Not later than 1 year Later than 1 year and not later than 5 years 19,833 28,005 20,996 47,838 47,838 68,834 24. Members. liability Each member of the charitable company undertakes to contribute to the assets of the company in the event of it being wound up while helshe is a member, or within one year after helshe ceases to be a member, such amount as may be required, not exceeding £NIL for the debts and liabilities contracted before helshe ceases to be a member. 25. Related party transactions A wife of a trustee who volunteers for the charity was reimbursed £558 for expenses relating to mileage in the 2024. There was no such balanS in the year. A Godden {Trustee) is a member of key management of Heathcote Holdings who donated £4,734 during the year (2024- £20,000). No balances were outstanding at the end of either year. All other trustee donations in aggregate amount to £2,480 with no conditions attached to them. S Fishenden (Trustee) received £578 to cover expenses in his role as a volunteer independent visitor during the year. No other related paty transactions occured to the year ended 31 March 2025 (2024 - £20,558).