**REGISTERED COMPANY NUMBER: 06368105 (England and Wales) REGISTERED CHARITY NUMBER: 01124329** ## **Report of the Trustees and** **Unaudited Financial Statements for the Year Ended 31 August 2025** **for** **Hull and East Yorkshire Children's University Limited** Harris Lacey and Swain Suite 1 The Riverside Building Hessle East Yorkshire HU13 0DZ **Hull and East Yorkshire Children's University Limited** **Contents of the Financial Statements for the Year Ended 31 August 2025** ||**Page**| |---|---| |**Report of the Trustees**|1 to 34| |**Independent Examiner's Report**|35| |**Statement of Financial Activities**|36| |**Balance Sheet**|37 to 38| |**Cash Flow Statement**|39| |**Notes to the Cash Flow Statement**|40| |**Notes to the Financial Statements**|41 to 49| HULLAND EAST YORKSHIRE chi dre's Annual Report 2024-2025 ull, we're er ## Welcome I am delighted to share the highlights of what has been a fantastic year for HEY CU. This year, we had a clear focus on quality to ensure that our experiences were the very best that they can be. Our new ACE objectives have given us the opportunity to improve our impact and monitoring and it has been so exciting to be able to bring new core experiences to our children this year. I am incredibly proud of the team and the difference that they have made to our children’s lives. Rose James Chief Executive Officer This year has seen a well-received change to our strategy. A new ACE programme provides multiple experiences to the most under privileged schools. We are also introducing multiple experiences for CLA who are some of the most vulnerable children in society. We are making plans to expand our literacy offering working in partnership with key stakeholders to try to address the lack of reading in our region. We will also give children a voice by extending our Children’s Board of Trustees. The Children’s Board of Trustees will have the opportunity to speak about their hopes and dreams, so they are front and centre in shaping our future. 2026 is the 30[th] anniversary of HEYCU. I would like to thank everyone who has helped us along the way. It has been quite a journey and one which we will mark with some very special events next year. ## Contents Welcome Grants, Trusts and Corporate Partners Our Social Return on Investment 2024-2025 Monitoring ACE Experiences & Highlights HEY CU Children’s Board HEY CU in the Future Tim’s Surprise Corporates Community and Events Volunteers Looking to the future Helix ck [h.nky .Sstspheris ideal arco I-DI ICATION 543 Acetyls Language isEverythinq IOBSON PORTER BECKER • PropellerFuels HFR SOLUTIONS cic GGp• CONSULT 4Sewell Group ¢ON5ULllN¢ EN¢INFENS PROJ1¢f￿N￿o￿￿ EAST RIDING KCOIY Gas Networks UNIVERSITY .fHULL servicen Grants The John Armitage Charitable Trust | Swire Trust | The Angus Lawson Memorial Trust Two Ridings Community Foundation | Nurture a Child | Ferens Educational Trust | Pavers Foundation | The Joseph and Annie Cattle Trust The Charles and Elsie Sykes Trust | Doyley Foundation | ## Social Return on Investment The Social Return on Investment (SROI) method shows the value of the social, environmental and economic impact that has been created by an organisation and is able to show that value in financial terms. This makes it possible to weigh social benefit against the cost of investment. The SROI methodology uses a spreadsheet analysis called an Impact Map. Inputs, outputs and outcomes are entered into the map. The relationship between these components is sometimes known as the ‘theory of change’ and shows how the intervention makes a difference. Other information – indicators, quantity, value (known as proxies) is also entered into the map. Formulae calculate the final value in monetary terms. **CU SROI** ## 2024-2025 Our most impactful year yet... **children came on 10,750 Learning 381 Experiences** **29 Business experiences** we worked with **52** in Hull & **9** in the East Riding Primary Schools **Children graduate from our Children’s Board of Trustees and head up to secondary school!** **16** **136** **Volunteers gave their time to inspire the next generation** **627 Children had Breakfast with Santa!** **14 Tim’s Surprises!** **20 Families were supported by Doorstep Elves** **Fundraising Challenges: Great north run, Dunker, Night walk, Hull 10k,** **schools received surprise book parcels 28 on World Book Day** **Skydive and The Drop £13,022** With thanks to all of our Corporate Partners for their continued support ## Learning Experiences at HEYCU are ACE! This year we adapted our Learning Experiences to ensure that they were all ACE in that they supported **aspirations** , increased **confidence** and promoted **engagement** . This has helped us align a clear vision and has given a real focus for our Learning Experience Leads during delivery. “It makes me feel like I was in another world. I’d love to be a guard! I’ve had the best day ever.” - Child: ‘London Day’ Learning Experience We want all children to have a dream or ambition for themselves in the present and in the future, no matter how big or small. “EVERYTHING was ace! I joined in with all activities and had fun!” - Child: ‘Trawling from Hull’ Learning Experience We want all children to feel like they can contribute and value their participation in activities. “I asked people questions and I don’t usually talk to people I don’t know. I was proud to ask the public. I felt confident!” - Child: ‘Ambassadors of Hull’ Learning Experience We want all children to feel like they can be their true selves. ## An ACE Year! **Hear from our Learning Experience Manager, Rebecca, about a transformative year for the schools’ programme.** My link with HEY Children’s University began over a decade ago. As a primary school teacher, working in an area of high deprivation in Hull, I could see first-hand the effects of socioeconomic disadvantage. Predominately working in year 6, it saddened me to see how children’s lack of life experience could put them at an immediate disadvantage to their more affluent peers when unfamiliar context on SATs tests clouded their ability to be able to perform to their full potential. They most certainly couldn’t relate to characters owning their own country estate with an ancestral memorial hidden away on a private island! I began working for HEY Children’s University in September 2023 as a maternity cover as School Liaison Manager. At this time, I was also completing my Master’s Degree in Education, focusing specifically in my dissertation on the potential of out-of-the-classroom learning to narrow the achievement gap caused by socio-economic disadvantage. The findings from my research have been met with open arms by the team and trustees, along with a new role for me (that of Learning Experience Manager), and we have worked to adapt our offering to truly wring every benefit for the children on our experiences. We spent some time at the beginning of the year considering what is unique to our learningoutside-of-the-classroom offer. Whilst we acknowledge that there will be many subject-specific elements that we cover, we understand that, by working with children from areas of socioeconomic disadvantage, we should play a bigger role holistically. Thus, ‘ACE’ was born. All of our existing learning experiences have now been tweaked to ensure that they support aspirations, promote engagement and increase confidence. Whilst this meant we had to scale back on those experiences that were delivered by external providers, it meant that we could really focus on the quality of our offering, including the addition of three totally new experiences: ‘The Blitz in Hull’, ‘York Your Way’ and ‘Biodiversity and Me’ at the EcoHub (you can read about the latter on the next page!). Following on from the success of our local experiences, we responded to the need for one looking at the Blitz in Hull. The centre of many local history studies in Key Stage 2, this was a gap in curriculum coverage. We drew upon feedback from the other local trips, ensuring that, in the design of ‘The Blitz in Hull’, we had elements that the children appreciate, such as questioning the public, group challenges and a guided walking tour. We also responded to feedback and research about progression. Many schools found the leap to a ‘London Day Trip’ large: there was a lot of walking required and the travel really took the children out of their comfort zone. ‘York Your Way’ was developed as a stepping stone to our bigger experiences, giving children the opportunity to travel on a train to another city. We are continuing to add to this offer by developing alternative walking tour routes and links with York’s variety of museums. It has also been a joy to work with my team of amazing Learning Experience Leads, who deliver our offer daily. Although not predominately from education backgrounds, their passion and commitment to working with the children is incredible: they are always looking for ways to improve and make suggestions that mean we never stay still for too long! We’re now moving into another exciting year. Research shows that the benefits of out-of-theclassroom learning are exponentially increased by having multiple experiences. Because of this, we are developing an ‘ACE Programme’, working with schools to enable at least one experience per year across Key Stage 2, helping us to develop relationships, makes links with prior learning and increase our impact. Stay tuned to hear how that goes! ## Highlights ## Welcome to the EcoHub! Back in November, we launched our brand new experience location: 'The EcoHub' at the University of Hull's Botanical Gardens. We have been so lucky to have been given use of this space and we have been working tirelessly behind the scenes to develop our learning experience that makes best use of the beautiful grounds. Classes from Oldfleet Primary and Hall Road Academy were the first to trial our 'Biodiversity and Me' experience. The children took part in a range of activities to understand what biodiversity is and the human impact. They conducted wildlife surveys and worked in groups to overcome realworld problems. The best part of the day, however, had to be the free exploration time in the gardens. From open grassed areas, to small, secluded trails and from carefully landscaped flowerbeds, to the wild paddock, every child found something to enjoy - the squeals of delight certainly shattered the peace! We are excited for this experience to continue in the new academic year. Key funding from ‘Oh Yes Net Zero’ and businesses upgrading their partnerships with our green Eco badge, will enable us to bring even more children to this beautiful space, inspiring them to be eco champions of the future. ## HEY CU Children’s Board This year our children’s board of trustees completed their final year of their tenure. The board have served a total of two years and have made some fantastic contributions to our charity. They have advocated as a voice for all the children in Hull and East Yorkshire we serve, They have piloted learning experiences, supported the development of our new strategic plan and raised the profile of our charity through attending events and speaking to organisations and businesses about what we do. We continued to grow our industry experience days across 2024-25 with excellent feedback from schools about the impact these have on children’s **Aspiration, Confidence** and **Engagement.** Some of the industries our children visited included Siemens Gamesa Blade Factory, HFR Solutions, Doubletree by Hilton Hull, Rix Group, MKM, Sewell Group, Holiday Inn Hull Marina, Claughtons Furniture, Risby Homes, Accountancy Tuition, Hotham Hall, JZ Flowers, Arco, INEOS Acetyls, Hobson + Porter, Northern Films. **“ T OD AY I H AVE CON QUERED MY F EARS. I F EEL REAL L Y PROUD OF MY SEL F . ” Y 5 CH I L D** **WH EN I L O O K ARO UN D EVERY I I I I I** ## Girls of Achievement ## **Together with local businesses and organisations, we have helped deliver largescale initiatives that impact even more young people.** One of the year’s standout initiatives was our “Girls of Achievement” event. Thanks to the generosity of the Women in Business – Hull networking group, which raised £ 5,000 at their Women of Achievement Awards, we were able to create a dedicated event designed to inspire the next generation of talented young women. We invited six schools to bring groups of girls to a motivational day at the Mercure Grange Hotel. Throughout the event, accomplished women from across the region led engaging sessions, sharing their career journeys and highlighting the breadth of opportunities available in the world of work. The girls were encouraged to think ambitiously about their futures, and they left the event energised, empowered, and full of confidence. This initiative offered them vital role models and demonstrated that they, too, can become the future “Women in Business.” We also successfully delivered other large scale events including: **HEY CU Careers Fair Safer Internet Day FEO (Future Entrepreneurs) Primary Humber STEM Day Foundations Live** These events enhance access and exposure for hundreds of children, creating meaningful, educational and professional development opportunities. ## Choir Project We have been delighted to deliver a project aimed at encouraging children living in areas of poverty the opportunity to learn about different styles of music and participate in community events. The project has been delivered to _**361 children.**_ ~~Scan the QR to learn more~~ Community events have included singing in Hull Minster, St John’s Church and local supermarkets. The children even got to record a trawling heritage song at The Albermarle Music Centre. The choir has seen children grow in confidence and has seen such joy amongst the children the communities they have sung too. KINDLY FUNDED BY HELP FOR HE ALTH, THE ROBERT HALL FOUNDATION & TH E D ’OYLE Y CH ARITBLE TRUST Designed to honour the memory of our founder, John Buttrick’s, son, Tim’s Surprise aims to bring an extra bit of sparkle to the lives of children who have experienced significant adversity. This could be (but certainly not limited to) bereavement, serious illness, considerable caring responsibilities etc. With thanks to Becker UK Ltd., Cineworld (Kingswood), Claughtons, Hull Trains, INIT Creative, MakerSpace, Danielle Haywood, and a number of individual donors who all helped to power children’s smiles through their involvement with Tim’s Surprise. ## Corporate Partnerships We are incredibly proud to have renewed 21 longstanding corporate partnerships and to welcome 11 new partners during the 2024–25 year. That brings our total to **32 corporate partners** , each of whom contributes significantly to our mission across Hull and East Yorkshire. ‑ Every partner supports at least one whole class learning experience, **bringing learning to life** visiting new places and meeting inspiring role models. Many partners have also hosted an industry day as part of our HEY CU in the Future programme. These industry days allow children to visit workplaces and gain genuine exposure to different career paths. This year we have delivered 29 HEY CU in the Future experiences. ## Our corporate partners go **above and** **beyond** by: - Volunteering on experiences and at events, adding expertise and acting as inspirational role models for the children. Donating raffle or auction prizes, enhancing fundraising opportunities. Providing facilities, skills, transportation and other ‘gift-in-kind’ donations. Participating actively in fundraising events, expanding our reach and visibility. This wider level of engagement not only boosts operational capacity but strengthens relationships and staff engagement. - “ WE LOVED BEI NG A PLAT I NUM SPONSER T H I S YEAR, I T WAS BRI LLI ANT , SO MANY - OPPORT UNI T I ES T O G I VE BACK, AND WE I NVOLVED DOZENS OF DI FFERENT ST AFF FROM ACROSS OUR BUSI NESS. I T WAS BRI LLI ANT . ” **MAX, SERVI CEN OW** ## Community & Events The Time to shine, our annual ball welcomed 270 partners, supporters, trustees, donors and volunteers to the DoubleTree Hilton and raised £ 11,000 We had 15 runners in the Hull 10k this year with 2 of our HEY CU Team taking part. They raised £ 3641 We secured a new venue for our abseil challenge at Hull college, 7 people took on the challenge including our Community & events fundraiser they raised over £ 1700 ## Golf Days This year, we were lucky enough to be the chosen charity for three golf days. The first was held by Raymond James Financial Services on a beautifully sunny day at Brough Gold Club. The second was at Hull Golf club as the Chairman’s charity of the year and the third was the inaugural Reality Solutions golf day at Cottingham Golf Club. All three golf days were extremely successful and raised a combined total of over £ 10,000 for HEY CU. ## Team Spirit The HEY CU team led the way by taking part in several of our challenge events this year. From being dropped in the middle of nowhere and having to find our way back with no phones and no maps, to dropping down the side of a building, the team have really challenged themselves and raised a great total! **----- Start of picture text -----**
The DropDrop
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The DropDrop £ 962.05 Night Walk £ 773.75 Abseil £ 634.50 Totalotaltalall Hull 10k £ 640.60 ## Team Totalotaltalall £ 3,010.80 ## Volunteers ## **Celebrations** One of our most dedicated volunteers, Phil, was shortlisted for the Behind the Scenes Volunteer Award in October, a well deserved nomination for someone who always goes the extra mile and helps out wherever needed. **----- Start of picture text -----**
Our volunteer,
Sue, has made it
over 1000 hours
volunteering for
HEYCU!
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Total volunteering hours for 2024-25: 4789 hours Worth £ 58,474 at minimum wage! 136 volunteers have done at least one experience ‘They always leave with something new. Sometimes that will be having learned about a job they didn't know existed; sometimes that's having tried something new and finding out that they're quite good at it. The younger groups always seem to leave with a lot more confidence than what they started the day with, too, which is always amazing to see. I think the HEY Children's University is an absolutely amazing charity, and I'm always more than happy to help on experiences when I can.’ -a volunteer ## Looking to the future ## **M O RE E X P E RI E N C E S P E R C H I L D** ## **E N H A N C I N G O U R W O RK I N G W I T H B U S I N E S S E S** ## **I N C RE A S I N G O U R S U P P O RT F O R C H I L D RE N I N N E E D** help them to thrive. **E X PA N D I N G O U R C H I L D RE N ’ S B O A RD** HULL AND EAST YORKSHIRE chi dre's Registered Charity Number: 1124329 ## Children Looked After (CLA) Programme For children living in foster care CLA Learning Experiences (primary)Letterbox Reading InterventionStep Up Move On (secondary)- ## Background Children in the care system are some of the most vulnerable in our society, and they have often experienced significant trauma and neglect. Children looked after are more likely to have low educational attainment, mental health problems, and social and emotional difficulties. Hull currently has the seventh highest number of children looked after nationally; this number stands at 947 children aged 0-18 years old. The CLA Programme consists of 3 specific programmes, The CLA Primary Learning Experiences, the Letterbox Reading Intervention and the Step Up Move On Secondary Programme. All of these programmes are free to carers and schools. ## **CLA Learning** ## **Experiences Programme** The CLA programme delivers experiences during the holidays, including some weekends and evenings, to a maximum of 12 children at a time. These experiences aim to give children looked after new and exciting experiences, whilst learning new skills and trying new things in a safe and supportive environment. Some of the fantastic expereinces this year have included: Flamborough Marine Biologist day Outdoor activities at Forest School Baking and cooking skills with Cook Stars STEM days with Brick Box Theatre trips Visits to nature reserves The Deep VIP days York History days and a fantastic trip to London to see the sights! **----- Start of picture text -----**
London to see the sights!
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We aim to support the development of these children and give them essential skills needed for everyday life. Our experiences are delivered by our trained Learning Experience Leads and are supported by a bank of trained volunteers from various backgrounds. ## **Letterbox Club** Many children looked after have not had the early exposure to books that other children have had, they are often reluctant readers and behind their peers in reading ability. The Letterbox programme aims to promote a love of reading whilst allowing children to improve and develop their reading skills in a safe, secure environment. Letterbox sessions are delivered on a one-to-one basis in schools every fortnight. There are 5 Letterbox Coordinators; 1 works in the East Riding and 4 work in the Hull area. There are 101 children on the programme, mostly children looked after with some cusp of care children. > Supports Increases Encourages > reading enjoyment confidence skills A child’s reading attainment can improve by 8+ months in their first 6 months on the programme. This is due to specific targeted intervention based around the child’s individual reading targets sent by their school. We also monitor children’s reading enjoyment and confidence with the use of Reading Logs which are completed when a child starts the programme and then again when they finish. Letterbox children can also attend bespoke learning experiences with a literacy focus. There have been 4 delivered this year: 2 to the Grimm Story Telling Workshop in Rotherham and 2 theatre visits. Step Up Move On is designed to support a small group of young people with care experience throughout their secondary and higher education to help build confidence, self-esteem and support them to achieve their future aspirations. The young people begin the programme in Year 7 and attend four sessions a year: one at the University of Hull; one at another college or educational establishment; one career/industry experience and one well-being experience. Each academic year, the students then move up through the programme, developing new strengths and skills to help support their studies and well-being. In year 10 & 11, the programme begins to focus more on individual interests, and we offer more bespoke industry or work experience opportunities. ## In 2024 - 2025 Our university visits included: campus tours, cooking in the student accommodation and a range of subject tasters. Our college experiences included: Bishop Burton College, Wilberforce college, Hull College and ER College Our Industry Days included: The Double Tree Hilton, Northern Films, Yorkshire Water, RSPCA, Flamborough Marine Biology, STEM at Makerspace, MKM Stadium This year’s highlights: 12 young people achieved an ASDAN award in Animal Care; 1 young person had the opportunity with Northern Films to play the piano on the soundtrack to a film 1 young person is now studying Hospitality at college because she was inspired by her experience at The Double Tree Hilton. 4 of the Step Up Move On alumni students are currently at universities around the country (including 1 at the University of Hull) **“This is a wonderful opportunity and I know he is in safe hands with you all. These opportunities that you all go above and beyond to offer, really are a life line to these children so thank you” (Quote from carer)** ## **CLA Programme Highlights** The CLA Learning Experience Programme ran 3 consecutive days at the animal therapy center Goxhill Meadows. The same children attended the 3 days and took part in activities with a range of animals to improve understanding of non-verbal communication and boundaries and learn how to emotional regulate. Goxhill Meadows aims to encourage the children to be present in the moment and to reconnect with themselves. At the end of the 3 days, the children showed improved confidence, self-awareness and a better understanding of how to regulate their emotions. After visiting Northern Films as part of the Step Up Move On programme, one young person was given the opportunity to play a musical score for a film about the fishing industry in Hull. This film will be released next year with his name in the credits! Our Senior Letterbox Coordinator was interviewed by the Book Trust to discuss the powerful role of shared reading in helping children to bond with their carers, promoting emotional regulation and resilience. www.booktrust.org.uk/resources/fin d-resources/how-reading-helps ## Case Study Child B joined the experience programme in year 5. When I met child B, he appeared very confident. However, this was not genuine confidence as he also stated that he did not like too much praise as he did not believe it. After his first experience, it was evident that B was not confident and often put up a mask, he was very anxious – often asking questions and wanting to know what was happening next and why. B would come across as reluctant to engage, but this was often because he was feeling unsure – he would say he was bored and did not understand why he needed to come on this type of experience. This usually happened when he was not quite sure how to approach an activity and need some support. B had an anxious attachment style and showed signs such as low engagement in activities, having general anxiety, low self-confidence and self-worth, difficulty regulating (particularly when feeling angry) and found it difficult to ## trust others. B had recently had a lot of change in his life and Hull and East Yorkshire Children’s University were one of the only consistent parts of his life. Staff ensured that B then came on more experiences and continued to get to know B, offering lots of reassurance and taking to time to build relationships on a 1-1 basis. Staff particularly focused on encouraging B to come on experiences that suited his interests, such as animals and football. After some time, B built stronger relationships with staff and volunteers. Attending experiences such as Goxhill Meadows meant that B’s confidence grew, he took pride in helping other children who were feeling anxious and supported them in walking and feeding the alpacas. B began accepting small amounts of praise, something he previously declined. He began asking less questions because B trusted the staff and listened carefully when they explained how each day would run. B knew he could talk to adults if he felt worried about something and knew that it was possible to ring his carer if needed. B needed to feel safe and that the adults around him would help him if needed. As B began to feel more comfortable, he demonstrated his kindness by helping children who were new to the programme feel settled, supporting them and guiding them through the experience. ## **24-25 Impact Report Children Looked After Programme** **60[Children Looked After came on ] 35[Primary Learning Experiences ]** **101[children were on ] Year 6 the Letterbox programme 22[children ] received wellbeing 1160 packs** **1160 67 Letterbox parcels were young people given out aged 30 11 - 18 Step Up Move On Experiences** **+ 134** **education packs delivered** **SUMO children 100 attended the Experiences Celebration Event** **100 children recieved a ‘Hug in a Mug’ Christmas pack** The William's Fund William and Alex De Winton Thank you _Without the support of these grants and trust we would not be able to do the work that we do!_ William and Alex De Winton The Williams Family Fund **Hull and East Yorkshire Children's University Limited** **Report of the Trustees for the Year Ended 31 August 2025** ## **Strategic Review Public Benefit** The trustees hold a high regard to CC/CCNI Guidance in relation to public benefit and the wider network. ## **Financial Position and Reserves Policy** The trustees feel that the financial position of the Charity is considered good at this point. Although making a deficit in the year of £138,168, this can be explained by the planned increased expenditure of the current reserves held within the Charity. Trustees are particularly mindful of the need to contain the risk that our Charity cannot meet the payments to which it is committed, including significant redundancy costs should our income decline. Maintaining a good level of reserves ensures stability as we continue to grow. The policy the Charity holds is to ensure that at least 9 months’ worth of expenditure is held within the reserves at any point. The current level of reserves held within the Charity is £962,751 which is broken into free reserves of £615,104, designated reserves of £300,000 and restricted reserves of £47,647. The last 12 months have given the Charity time to assess where best to allocate reserves, to have the greatest impact on the children that they work with and allow them to carry out work in line with our strategic plan. Whilst majority of these reserves are unrestricted in nature, the trustees felt it was important to ringfence some of these funds. As many members of staff have proudly been with the Charity for several years, redundancy costs would be high if the Charity were to experience a significant drop in funding. Following this, the decision was made to allocate £300,000 of the Charity’s current unrestricted reserves as designated reserves. This sets aside money for redundancy costs if ever that need should arise. In addition, should funding dip, in the future, we are particular, mindful of the need to protect our Children Looked After Programme and therefore our designated funds would enable us to continue to provide these programmes which work with children over many years, especially within the Letter Box Club, and given the challenges many of these children have faced, stability in their lives is essential. Almost all the costs of the Children in Care programme are funded from external sources and so trustees feel it is essential that we set aside 12 months' worth of these costs to maintain the Children in Care programme should any of the external funding sources come to an end. This is included in the designated funds. The trustees are comfortable that cash and deposit balances are maintained throughout the year to be able to meet all outgoings and grant obligations. The reserves policy is reviewed on an annual basis by the Trustees and the CEO, with advice taken from our external accountants. For a more in-depth breakdown of our financial position for the year, please see the financial statements at the back of this report. ## **Principal Funding Sources** Our principal funding sources are made up from schools, fundraising with local business partners, charitable educational activities and fundraising activities, as well as grants, trusts and private philanthropic donations. The breakdown for the year is as follows: - Grants and Trusts: £299,119 - Corporate Partnerships and Donations: £224,572 - Community and Events: £56,742 Page 31 ## **Hull and East Yorkshire Children's University Limited Report of the Trustees for the Year Ended 31 August 2025** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** The Charity is controlled by its governing document, a deed of trust, and constitutes a limited company registered at companies House with number 06368105, limited by guarantee, as defined by the Companies Act 2006. The Charity operates in England & Wales and is registered with the Charity Commission with number 01124329. Its governing documents are its Articles of Association and its Memorandum of Association ## **Recruitment and appointment of new trustees** We recently completed a skills audit to make sure there are no gaps in the expertise of the Board. We have an ongoing focus of improving diversity on our Board and within our team. Each new trustee is issued with a handbook which details their duties and obligations and are closely supported by their colleagues through induction. Additional optional training for trustees is provided by Wilkin Chapman Rollits LLP. All trustees are DBS checked. ## **Pay and remuneration** Annual pay reviews are conducted by the trustees and the CEO and are benchmarked using points of reference such as t the Annual Charity Jobs Salary Report. ## **Organisational structure** There are 16 roles Hull and East Yorkshire Children's University Ltd: CEO, Director of Operations, Learning Experience Manager, Children Looked After Programme Manager, 2 Children Looked After Experience Coordinators, Partnership Manager, Community and Events Fundraiser, four Letter Box Club Coordinators, Volunteer Coordinator, Admin Lead and two part-time contracted Learning Experience Leads. This academic year we employed 13 casual Learning Experience Leads to meet the demands of our services. The Chancellor of the charity is Rt Hon Alan Johnson, former Secretary of State and Shadow Chancellor of the Exchequer. The trustees meet every two months to review the performance of the charity and review the charity's financial position. The Hull & East Yorkshire Children's University CEO and finance trustee prepare reports for each meeting. Regarding the makeup of the Board, regular discussions are held to consider its composition moving forward. Financial forecasting for the year ahead is completed annually and reviewed monthly with the CEO, finance trustee and internal accountant. ## **Related parties and special thanks** Hull and East Yorkshire Children's University has several key relationships with local and national organisations who we are indebted to. We would like to give special thanks to our grant and trust funders, our corporate partners, Hull City Council, East Riding of Yorkshire Council, Northeast Lincolnshire Council and The University of Hull. We would also like to thank the organisations that provide experiences and release staff to volunteer as mentors as well as funding experiences for the children. Mr C R Field, a trustee of the charity, is a partner at Wilkin Chapman Rollits LLP who provide legal advice and support for the charity. Page 32 ## **Hull and East Yorkshire Children's University Limited Report of the Trustees for the Year Ended 31 August 2025** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Risk management** The trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The trustees undertake a detailed risk review in which they consider the risks to which the Charity is exposed to and they have systems and procedures in place to manage this. The trustees have put in place a risk register which sets out key risks and this is reviewed annually. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 06368105 (England and Wales) **Registered Charity number** 01124329 ## **Registered office** Swale House 246 Cottingham Road Hull East Yorkshire HU6 7RS ## **Trustees** Mrs J Adamson Mr R W Dickinson Mr C R Field Ms A Foy Mr A G Holmes Prof M C Jackson Mrs R M Truelove Mrs L C Hudson Mrs S D F Johns Mrs W J Newman (resigned 12.9.25) Ms J E Mitchell (appointed 10.12.25) ## **Company Secretary** Rollits Company Secretaries Limited ## **Independent Examiner** Laura J Drew Harris Lacey and Swain Suite 1 The Riverside Building Hessle East Yorkshire HU13 0DZ ## **Bankers** Barclays Bank plc Hull Corporate Banking Centre PO Box 206 10 Market Place Hull HU1 1RN Page 33 The Hull E&s1 Y(brkshiro Children's Lniycrsity Rtport of the Trustees for iht Ycar Ended 11 .4u(FU5* 202 Report of the trLisie¢5. incorporating g siratcgic r¢pL)rt, apprtsved by oTdth of the board of InL8iees: as the compallv direLlor5, Oll .4.E.. reb[.￿￿.￿.3￿>kn.. and signrd oli lh¢ I￿ard'S behalf by.. Profmc ck5 34 Intlepèlldent tiopthrt tn Ihe Trust*és The Hull ETrst York5hirt CILildren's Unii'trsitv Indèpéndettt tx*mkner's report io the Irustees of The Httll and East Yorkshire Chlldren's UniTrer$li> I'the Compani I I r¢port io tli¢ charity tIU5t¢es on Tn} Lxarniii&tion of the arcounls of tlie Coinpany for the year aided 3 l Au¥u%t 2025. R￿ponSibbI1t1e1 ba%1$ of rtptsil As th¥ chaiitv'% Iiu%ie&% ofihe Lomp8lly land aL%o I1￿ direciors for Ilie purposes of cojnpany tawl Jou Eire responsibLe fol. Ihe pi.èparaiion of ihe atcounTS in aLcordattce M'ith Ihe re￿illEmen1S of the Conipaiiies Art 2(M)61'The 2006 Aci'}. Hai'inLTr saiisficd niy5¢11- Ihai ihe account5 Qt the Coimpany ar¢ nr)t iequirEd 10 he audited undei- Part I f) 1>1. Ihe 2(M)6 Aci id are eligiblc tor indgi)#iideiit ¥xamindllLJlI. I re￿￿TI in respeLI of my examinit lii)n of liliuf iharily's 3CiJullEq carried oiil iitid¢i' Scctioii 145 (If Ibc ChaFilic8 All ?11 I l etlie ?01 l Act'l In i￿ryIng oul eXLiininali()n I h&ve fnl1i>￿,ed the DIiec110115 giv¢ii by (:harity Coinmi>SiVn underSeLtion 14515} (bl of Il)e 2011 Aei. Ind¢ptndeni eK&miner'$ 5tattment Since your cKirir¢b gros5 income exccc(kd £250,000 ￿011r cxamin¢r inu%t be a membei uf a li%¢d l Ljn Lonfirm that I aiii qualitjid lo undcrtakc Ihc cxainiliation bcLau5c l Jtn a mcmlici of Ihc In8lituie i)f ChJFlered Accounranls ILI England and Wal¢s. ￿l77Ch 15 one ot the ITSted brdiEs I lidi'c comiileicd my txhminalson. I clinfim) Ihal no JThitter5 have co1￿¢ tQ Lny att￿tIOn in coiineclion with thc exttinination gii'iiig me ¢nu5c ro bclicTr'c'. accoiintiiiLT rccoid5 wcrc iiot kcpt in rcspert of the C.omp&nv required by Sectii)n 386 tht 200fy ALI" or Ihc accowiis do Thot aty¢ord with divsc Ywordi, or the iL¢OLint% di) nnl cnn)ply willi tlie accounting requireinents of S¢ciion 390 of th¢ I￿)6 knt otli¢r Ih4iD any reciiLirwneni thai tht aueouiiis rrive a true fair Niew whjch io not a n￿ttEr coiisidcred as pjn of an Indeptndcnt ¢xanuiiation' or tlic accouiils hdvc not bccD prcpai-cd in dLUI)iryldllLe witli Ili¢ niethod% and IiTinciples of t]ie Statenienl of Rel￿mMended PractlLt foi accoutsiii)fr d reportill by eillritie5 (applicable to chariiies prcparing thciy dLiouiilS ￿ aLcordaiJce wil11 ihe Financial Reporting St￿1041[d applicablc iii tlic UK and RrpiTblii ot Ir¥iaixd IFRS 1021}. I Kive no concern5 aj￿ haTrc conic aci-05& no i)tlicr Inatlcr* In ciminctylioii w'iih rh¢ ¢xaniiJ)aiion to which ttentlQa 5hoiild bc ill Ili15 i¢pvrt In QTder Iv ¥Dabl¢ ayrDpeT unde￿(0nd111g of the accU￿11S 10 be reaclked. Laura J Drew Thc 1115titLltc ot Cliaitricd Acc(iuiituiil% in F.nbtland and Ila1tr3 tldTris L>tey aiid The Riverside Building Hessle I'.a5t YoTk¥hiie HU1301)Z Dale.. P28e 35 ## **Hull and East Yorkshire Children's University Limited** ## **Statement of Financial Activities for the Year Ended 31 August 2025** |Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**Charitable activities**
5
Charitable Expenses
Other trading activities
3
Investment income
4
**Total**
**EXPENDITURE ON**
**Raising funds**
Other trading activities
**Charitable activities**
6
Charitable Expenses
**Total**
**NET INCOME/(EXPENDITURE)**
**Transfers between funds**
15
**Net movement in funds**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
funds
£
315,822
168,640
50,047
23,094
557,603
21,930
21,930
685,995
707,925
(150,322)
97,768
(52,554)
967,658
915,104|Restricted
funds
£
207,869
23,000
6,695
-
237,564
-
-
225,410
225,410
12,154
(97,768)
(85,614)
133,261
47,647|2025
Total
funds
£
523,691
191,640
56,742
23,094
795,167
21,930
21,930
911,405
933,335
(138,168)
-
(138,168)
1,100,919
962,751|2024
Total
funds
£
562,672
255,135
73,236
51,407
942,450
19,340
19,340
959,520
978,860
(36,410)
-
(36,410)
1,137,329
1,100,919| |---|---|---|---|---| The notes form part of these financial statements Page 36 ## **Hull and East Yorkshire Children's University Limited** ## **Balance Sheet 31 August 2025** |Notes
**FIXED ASSETS**
Tangible assets
12
**CURRENT ASSETS**
Debtors
13
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
14
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
15
Unrestricted funds:
General fund
Designated funds
Restricted funds
**TOTAL FUNDS**|Unrestricted
funds
£
-
26,590
1,025,200
1,051,790
(136,686)
915,104
915,104
915,104|Restricted
funds
£
-
-
63,796
63,796
(16,149)
47,647
47,647
47,647|2025
Total
funds
£
-
26,590
1,088,996
1,115,586
(152,835)
962,751
962,751
962,751
615,104
300,000
915,104
47,647
962,751|2024
Total
funds
£
661
17,090
1,166,773
1,183,863
(83,605)
1,100,258
1,100,919
1,100,919
667,658
300,000
967,658
133,261
1,100,919| |---|---|---|---|---| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025. The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The notes form part of these financial statements Page 37 Tho Hull and East Yorksbtre Childien'5 LlTrjver5it BAlall¢e.Sh¢et- tontlnutd 31 Augu$t 202> Tlie financial Sli£ieitsenis weiE approved b). the Board uf Tnisieeb auihurised fur y..2(Ilts and were %1¥￿}ed vn Il% beli￿lF by". on ljrorm ('. kso The iiotes foim PdTI uf Ihe%e financial sraiemenig Page 38 ## **Hull and East Yorkshire Children's University Limited** ## **Cash Flow Statement for the Year Ended 31 August 2025** |Notes
**Cash flows from operating activities**
Cash generated from operations
1
Net cash used in operating activities
**Cash flows from investing activities**
Interest received
Net cash provided by investing activities
**Change in cash and cash equivalents in**
**the reporting period**
**Cash and cash equivalents at the**
**beginning of the reporting period**
**Cash and cash equivalents at the end of**
**the reporting period**|2025
£
(100,871)
(100,871)
23,094
23,094
(77,777)
1,166,773
1,088,996|2024
£
(132,277)
(132,277)
51,407
51,407
(80,870)
1,247,643
1,166,773| |---|---|---| The notes form part of these financial statements Page 39 ## **Hull and East Yorkshire Children's University Limited** ## **Notes to the Cash Flow Statement for the Year Ended 31 August 2025** ## **1. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES** |**Net expenditure for the reporting period (as per the Statement of**
**Financial Activities)**
**Adjustments for:**
Depreciation charges
Loss on disposal of fixed assets
Interest received
Increase in debtors
Increase/(decrease) in creditors
**Net cash used in operations**|2025
£
(138,168)
-
661
(23,094)
(9,500)
69,230
(100,871)|2024
£
(36,410)
12,731
-
(51,407)
(4,328)
(52,863)
(132,277)| |---|---|---| ## **2. ANALYSIS OF CHANGES IN NET FUNDS** |**Net cash**
Cash at bank and in hand
**Total**|At 1.9.24
£
1,166,773
1,166,773
1,166,773|Cash flow
£
(77,777)
(77,777)
(77,777)|At 31.8.25
£
1,088,996
1,088,996
1,088,996| |---|---|---|---| The notes form part of these financial statements Page 40 ## **Hull and East Yorkshire Children's University Limited Notes to the Financial Statements for the Year Ended 31 August 2025** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. ## **Income** Income received for services provided is accounted for on an accruals basis. Cash donations, gifts and legacies are included in full in the income and expenditure account as they are received. Any significant non-cash donations are included in the income and expenditure account at the trustees' estimate of their market value when received. The value of voluntary help is not included in the accounts. Grants and other funding of a revenue nature are deferred and released to the income and expenditure account over the period to which they relate. Bank interest is included in the income and expenditure account on an accruals basis. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Motor vehicles - 33% on cost Computer equipment - 33% on reducing balance ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. The Charity has designated certain funds that are attributable to certain areas and programmes that they run, these funds are still classed behind unrestricted reserves. The designated funds represents the following areas: - School experiences - Children Looked After (CLA) Programme continued... Page 41 **Hull and East Yorkshire Children's University Limited** **Notes to the Financial Statements - continued for the Year Ended 31 August 2025** ## **1. ACCOUNTING POLICIES - continued** ## **Fund accounting** - Core costs ## **Pension costs and other post-retirement benefits** The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. ## **Estimates and judgements** Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Although these estimates are based on the Charity's best knowledge of the amount, events or actions, actual results ultimately differ from these estimates. The Charity does not consider there to be any material estimates and judgements. ## **Financial instruments** The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments, including trade and other debtors and creditors, are initially recognised at transaction value and subsequently measured at their settlement value. ## **Cash and cash equivalents** As at the year end, the Charity held a portion of its cash reserves within high interest, fixed rate accounts. Due to their highly liquid nature, these have been included within Cash at bank and in hand. ## **2. DONATIONS AND LEGACIES** |Donations
Grants|2025
£
224,572
299,119
523,691|2024
£
245,869
316,803
562,672| |---|---|---| continued... Page 42 ## **Hull and East Yorkshire Children's University Limited** ## **Notes to the Financial Statements - continued for the Year Ended 31 August 2025** ## **2. DONATIONS AND LEGACIES - continued** Grants received, included in the above, are as follows: |Children in Need
De Winton Family Trust
Garfield Weston Foundation
John Armitage Charitable Trust
Joseph & Annie Cattle Trust
Local Authority
The Swire Charitable Trust
Pavers
Bayfield Charitable Trust
Letterbox
Angus Lawson Trust
Williams Fund
Robert Hall Foundation
The D'oyly Carte Charitable Trust
Chandler Wealth
Sidney Smith Trust
29th May 1961 Charitable Trust
Ferens Trust
The Leigh Trust
John Mason
Liz & Terry Bramall Foundation
**3.**
**OTHER TRADING ACTIVITIES**
Fundraising events
**4.**
**INVESTMENT INCOME**
Deposit account interest|2025
£
-
25,000
-
50,000
10,000
90,796
13,500
20,000
2,000
36,996
19,577
-
-
-
4,250
-
5,000
15,000
-
2,000
5,000
299,119
2025
£
56,742
2025
£
23,094|2025
£
-
25,000
-
50,000
10,000
90,796
13,500
20,000
2,000
36,996
19,577
-
-
-
4,250
-
5,000
15,000
-
2,000
5,000
299,119
2025
£
56,742
2025
£
23,094|2024
£
9,435
25,000
20,000
45,000
7,500
89,996
12,000
10,000
1,250
38,996
19,577
10,806
2,000
4,000
5,000
7,350
3,000
3,893
2,000
-
-
316,803
2024
£
73,236
2024
£
51,407| |---|---|---|---| ||||| |||2025
£
23,094|| continued... Page 43 ## **Hull and East Yorkshire Children's University Limited** **Notes to the Financial Statements - continued for the Year Ended 31 August 2025** ## **5. INCOME FROM CHARITABLE ACTIVITIES** |Activity
Delivery of services
Charitable Expenses
**CHARITABLE ACTIVITIES COSTS**
Charitable Expenses
**SUPPORT COSTS**
Charitable Expenses
**NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets
Deficit on disposal of fixed assets|Direct
Costs
£
907,085|2025
2024
£
£
191,640
255,135
Support
costs (see
note 7)
Totals
£
£
4,320
911,405
Governance
costs
£
4,320
2025
2024
£
£
-
12,731
661
-| |---|---|---| |||| ## **6. CHARITABLE ACTIVITIES COSTS** ## **7. SUPPORT COSTS** ## **8. NET INCOME/(EXPENDITURE)** Net income/(expenditure) is stated after charging/(crediting): ## **9. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 August 2025 nor for the year ended 31 August 2024. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 August 2025 nor for the year ended 31 August 2024. continued... Page 44 ## **Hull and East Yorkshire Children's University Limited** ## **Notes to the Financial Statements - continued for the Year Ended 31 August 2025** ## **10. STAFF COSTS** |**10.**|**STAFF COSTS**||||| |---|---|---|---|---|---| ||||2025||2024| ||||£||£| ||Wages and salaries||467,171||434,531| ||Social security costs||36,936||31,939| ||Other pension costs||9,608||8,730| ||||513,715||475,200| ||The average monthly number of employees during the year was as follows:||||| ||||2025||2024| ||Staff||17||17| ||The number of employees whose employee benefits (excluding employer pension costs) exceeded||||£60,000 was:| ||||2025||2024| ||£60,001 - £70,000||1||1| |**11.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**||||| |||Unrestricted|Restricted||Total| |||funds|funds||funds| |||£|£||£| ||**INCOME AND ENDOWMENTS FROM**||||| ||Donations and legacies|330,218|232,454||562,672| ||**Charitable activities**||||| ||Charitable Expenses|253,551|1,584||255,135| ||Other trading activities|73,236||-|73,236| ||Investment income|51,407||-|51,407| ||**Total**|708,412|234,038||942,450| ||**EXPENDITURE ON**||||| ||**Raising funds**||||| ||Other trading activities|19,340||-|19,340| |||19,340||-|19,340| ||**Charitable activities**||||| ||Charitable Expenses|813,134|146,386||959,520| ||**Total**|832,474|146,386||978,860| ||**NET INCOME/(EXPENDITURE)**|(124,062)|87,652||(36,410)| ||**RECONCILIATION OF FUNDS**||||| ||Total funds brought forward|1,091,720|45,609||1,137,329| continued... Page 45 ## **Hull and East Yorkshire Children's University Limited** ## **Notes to the Financial Statements - continued for the Year Ended 31 August 2025** |**11.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
funds
£
**TOTAL FUNDS CARRIED FORWARD**
967,658
**12.**
**TANGIBLE FIXED ASSETS**
Motor
vehicles
£
**COST**
At 1 September 2024
61,261
Disposals
-
At 31 August 2025
61,261
**DEPRECIATION**
At 1 September 2024
61,261
Eliminated on disposal
-
At 31 August 2025
61,261
**NET BOOK VALUE**
At 31 August 2025
-
At 31 August 2024
-
**13.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Prepayments|**- continued**
Restricted
funds
£
133,261
Computer
equipment
£
22,387
(22,387)
-
21,726
(21,726)
-
-
661
2025
£
24,330
2,260
26,590|Total
funds
£
1,100,919
Totals
£
83,648
(22,387)
61,261
82,987
(21,726)
61,261
-
661
2024
£
15,124
1,966
17,090| |---|---|---| |||| continued... Page 46 ## **Hull and East Yorkshire Children's University Limited** ## **Notes to the Financial Statements - continued for the Year Ended 31 August 2025** ## **14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Trade creditors
Social security and other taxes
Accruals and deferred income|2025
£
950
9,861
142,024
152,835|2024
£
-
12,412
71,193
83,605| |---|---|---| Included within creditors above is deferred income totalling £137,704 (2024 - £67,593). The movement in the year is as follows: |At 1 September
Released from previous years
Deferred within the current year
At 31 August|2025
£
67,593
(67,593)
137,704
137,704|2024
£
111,416

(111,416)
67,593
67,593| |---|---|---| Incoming resources have only been deferred in respect of monies received in advance for income relating to the following year. ## **15. MOVEMENT IN FUNDS** |**Unrestricted funds**
General fund
Designated funds
**Restricted funds**
Restricted Grants
**TOTAL FUNDS**|At 1.9.24
£
667,658
300,000
967,658
133,261
1,100,919|Net
movement
in funds
£
(150,322)
-
(150,322)
12,154
(138,168)|Transfers
between
funds
£
97,768
-
97,768
(97,768)
-|At
31.8.25
£
615,104
300,000
915,104
47,647
962,751| |---|---|---|---|---| continued... Page 47 ## **Hull and East Yorkshire Children's University Limited Notes to the Financial Statements - continued for the Year Ended 31 August 2025** ## **15. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Restricted Grants
**TOTAL FUNDS**|Incoming
resources
£
557,603
237,564
795,167|Resources
Movement
expended
in funds
£
£
(707,925)
(150,322)
(225,410)
12,154
(933,335)
(138,168)| |---|---|---| ## **Comparatives for movement in funds** |**Unrestricted funds**
General fund
Designated funds
**Restricted funds**
Restricted Grants
**TOTAL FUNDS**|At 1.9.23
£
1,091,720
-
1,091,720
45,609
1,137,329|Net
movement
in funds
£
(124,062)
-
(124,062)
87,652
(36,410)|Transfers
between
funds
£
(300,000)
300,000
-
-
-|At
31.8.24
£
667,658
300,000
967,658
133,261
1,100,919| |---|---|---|---|---| Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Restricted Grants
**TOTAL FUNDS**|Incoming
resources
£
708,412
234,038
942,450|Resources
Movement
expended
in funds
£
£
(832,474)
(124,062)
(146,386)
87,652
(978,860)
(36,410)| |---|---|---| continued... Page 48 **Hull and East Yorkshire Children's University Limited** ## **Notes to the Financial Statements - continued for the Year Ended 31 August 2025** ## **16. RELATED PARTY DISCLOSURES** Hull and East Yorkshire Children's University Ltd has a number of key relationships with local and national organisations. The University of Hull also supports our work by running joint projects with the charity. The University of Hull contributes annually to the charity's core funding as a platinum partner and provides pro-bono accommodation. The University of Hull also provides funding for experiences for schools via the access agreement which we bid for on an annual basis. We are also grateful to out other major supporters and we are indebted to organisations that provide experiences and release staff to volunteer as mentors as well as funding experiences for children. ## **17. DESIGNATED FUNDS** |As at 1st September
Transfer (to)/from revenue accumulated funds
As at 31st August|Total
Funds
2025
£
300,000
-
300,000|Last Year
Total Funds
2024
£
-
300,000
300,000| |---|---|---| Page 49