HOPE FOR THE YOUNG LIMITED
(A company limited by guarantee and not having a share Capital)
Report and Financial Statements
Year Ended: 31 March 2024
Co]npany Number: 06540167
Charity Number: 1127017
NDEX
2. Legal and Administrative Detail
3-9. Report of the Directors
io. Statement of Financial AeÉivities
11. BAlance Sheet
12-20. Notes to the Account8
21-22. Independent Examiner's Report

HOPE FOR THE YOUNG LIMITED
LEGAL AND ADMINISTRATIVE DETAILS
for the year ended 31 March 2024
Company Number
06540167
Charity Number
1127017
The Board of Directors
Dr Kamran SAEDI
Mr Jafar OMID
Dr Catherine Louise STREET
Mr Micha¢l Edwin ATKINSON
Ms Niki LIL YVIDES
Company Secretary
Mr Mahmoud Mostafavi
Registered Office
85-87 Baybam Street, Camden, London NWI OAG
Bydnkers
Lloyds Bank PIC

HOPE FOR THE YOUNG LIMITED
REPORT OF THE DIRECTORS
for th¢ year ended 31 March 2024
The Directors present their report and the accounts for the year ended 31 March 2024.
The accounts have been pr¢pared in accordance with the accounting policies set out in note I
to the accounts and comply with the Charities Act 2011 and "Accounting and reporting by
Charities: Statement of Recommended PTactice applicable to charities preparing their accounts
in accordance wtth the Financial Reporting Standard applicable in the UK and Republie of
Ireland (FRS 102) {eff¢ctive l January 2015)"
Status
The organisation is a clwitable company limited by guarantee. incorporated on 19 March 2008
and registered as a ch￿lty on 2 December 2008. The company was established under a
Memorandum of Association icb ¢stablished the objects and powers of the Charitable
company and is governed under its Articles of Association.
Hope for the Young's mission:
The cllarity aims to remove the obstAcles to young refugees and &sylum-Seeke￿, education and
well-being through mentoring, advo¢acy, and financial support.
Swnmary ofthe objects oflhe charity ￿*se£0￿￿1￿gover￿I￿gdoCHlNeHI1IopeforIhe Young's
objecls are..
l. The relief of financial hardship among people living or working in the developing
countries and the United Kingdom by providing such persons with goods and
services which they Could not otherwise afford through lack of means.
2. The relief of financial hardship. either generally or individuaIly, of peopl¢ living in
the developing countries and the United Kingdom by making grants of money for
providing or paytng for items, s¢rvices andlor facilities.
3. The relief of the sick andlor poor living in the developing wuntries and th¢ United
Kingdom either generally or individually through the provision of grants, goods or
services.
Achievements and Perfornianee
Overview
Through Hope for the Young's effective three-tiered model of mentoring, advocacy. and
financial supporl we have continued to work hard. to r¢move the raDg¢ of obslacles preventing
yowig refugees and asylum seekers fron] settling into th¢ir new communities, acccssing
educatio￿ and rebuilding their lives.
Over th¢ past year, we have seen a 65 % increase in referrals aeross our programmes, showing
that demand for our services is showing no signs of slowing dow]. In response, Hope for the
Young restructured the organisation and recruited 5 new staff members and 101 new volunteer

HOPE FOR THE YOUNG LIMITED
REPORT OF THE DIRECTORS
for the year ended 31 Mareh 2024
mentors so we could substanliaIly increase our reach and impact. This enabled us to strengthen
and diversify our matches, shorten average waiting times, and focus on new partnerships across
London. We awarded more educational grants than ever before and continued to see the number
of mentees receiving financial suppor¢ and the number of grantees receiving mentoring and
advocacy support increase, firtber strengthening our holistic support mod¢l.
Participation of those with lived experience across our OTganisation has also been central to our
success. Our team have consistently provided an enviTonm¢nt in which young people's voices
are heard, their achi¢vem¢nts celebrated, and their skills and experience channelled into
shaping our work.
Unfortunately, this past year h&s aIso come with many challenges that increased the fear.
pressure, and hardship facing those we work alongsid¢. We saw the introduction of The
Immigration Act and The Safety of Rwanda Bill which aimed to deter people from seeking
&sylum in the UK. In December 2023, the Home Office also began rapidly increasing &sylum
d¢cisions. which resulted in young people being evicted from their a¢comm(Mlation with as
little as 7 days, noti¢e rendering 15 of our mentees homeless. We recruited l O volunteer
caseworkers from our pool of existing mentors to work alongside ow staff team and, through
extensive collaboration, signposting, and referrals, our team is proud to have supported every
one of them in finding alternative accommodation.
D¢spite all these hurdles, young people never ceased to inspire us with their resilien¢¢ and
determination to succeed. We are delighted to have wilnessed the achievement of so many
personaI goals and aspirations, from those who finally enrolled in education after years of
tying to secure fimding. to those who learnt new skills and made new friends.
None of these achievements would have been possible without the dedication and hard work
of all our staff, volunteers, and partners and we want to sincer¢ly thank all those who have
supported us and contributed towaTds our work this year.
Th¢ Mentoring Programme
The Mentorillg Progran]me matches young re￿geeS and asylum-seekers aged 16-25 with
volunteer mentors who provide personalised. one-to-one support aimed at meeting mentees,
. needs and helping them achieve theiT goals. On¢¢ matched, m¢ntees meet their mentor for 2-3
hours every week in local places such as cafes and libraries. Relalionships typically last six
months although increasing numbers of the young people we work with have complex support
needs and so timeframes ren￿1n flexible.
Mentors have supported young people to achieve a wide variety of goals including improving
their English, increasing their confidence. combatting isolation, and joining youth groups and
sports clubs to help them settle into their new communities. One of the most common goals
tbat m¢ntecs set for themselves was to return to education. Mentors supported young people lo
research their options. find relevant College￿unIverSities. attend enrolment days, complete
applications alld prepare for interviews.

HOPE FOR THE YOUNG LIMITED
REPORT OF THE DIRECTORS
for the year ended 31 Mareh 2024
Over the past year, we increased our reach and supported 136 mentoring r¢lationships, up from
93 in the previous year. Of thos¢ who complet¢d mentoring, 730/0 felt mentoring had increased
their confidence. 78 % reported an improvement in their English, and 86 /(k had made progress
in their education. 940/0 felt strongly that n]entoring had been very good for them, 670/0 said
their mentor helped them access new opportunitie5 and services, and 89V/o reported that
mentoring helped them feel less lonely. 980/0 of young people said they would Tecommend our
mentoring programme to otheLE.
"My mentor helpedme gain a lot ofknowledge andconfiden¢e to apoint where Jcould
help my otherfriends in their own jOUTneys and J could get to know the system much
belter which also improved w mental healih and confidence.
Menlee
Essential to the success of the progranmie is our diverse pool of trained volunteer mentors
enabling us to make strong matches based on shared interests and experiences. Careful
matching and one-to-one focussed support allowed mentors to learn about their mentee's
interests, skill4 needs, and aspirations. and to tailor support accordingly.
Over the past year, the number of referrals increased substantially from 146 to 216 and we saw
the number of s¢lf-referrals doubl¢ from 29 to 60. We recruited 10 I new volunteer mentors
bringing our total to 167 tnentors. We carried out 8 mentor induction trainings, up from 2 on
the previous year. We also held 3 workshops on themes including Financial Wellbeing, Access
to Educ￿10￿ and Peer Support.
Based on feedback from mentors and mentees rcquesting more opportunities to connect, we
also organised 3 trips lo Arsenal Stadium, Kew Gardens, and London Zoo, and held our Annual
Celebralion which w&s designed and l¢d by young people. Attendees, average rating of training
and ev¢nts was 4.8 out of 5. Of the mentors who completed mentoring. 970/(k felt they received
sufficient training, support and sup¢rvision, and 970/0 would recommend mentoring to others.
Demand for our Mentoring PTogTamme continues to far outweigh what Hope for the Young
can cu￿entlY provide. Our focus next year will ren￿1n on increasing the numbers we can reach
through mentOTing whilst ensuring this growth is done carefully and sustainably.
Grants and Advocacy Programme
The Grants and Advocacy Programme supports young people with insecure immigration status
across the UK to access and Complete firther and higher education through the provision of
small bursaries and bespoke one-towone adV0￿Y supporL
For th¢ academic year starting September 2022 and ending August 2023, we distributed a total
of £52,715 to 32 young people. These were for grants up to a maximum value of £4.500 towards
their tuition fees, exam fe¢s, transport, and general study costs.
An additional 14 small grants under the value of £150 were awarded to young people CUTrently
accessing our prograrnmes through an internal grants process. These were for small one-off
items such as exam fees, transport. and study resources. Over the past year. we are proud to

HOPE FOR THE YOUNG LIMITED
REPORT OF THE DIRECTORS
for Éhe year ended 31 March 2024
have supwrted young people lo access a diverse range of further and higher education courses
including:
Healih andsocial Care, ESOL, English & MatlLS, Fashion & Design, Acting, Medicine,
Beauty Therapy, Law LLB, Supporting Teaching and Learning, Diagnostic
Rodiography, Engineering, Medical Science. Bachelor of Surgery, Civil Engineering,
Business, Nursing apld Midwifery, Biomedical Science, Chemical and Energv
Engineering, Compt41er Systems and Networks, Pharmacy, Accounting ap
Management.
All those receiving a'large" grant were offered 3 check-in meetings throughout the year with
our dedicated Grants and Advocacy Manager at which their challenges, strengths, long-temi
goals and options, were all explored. Additional one-to-one advocacy sessions weie held when
required, providing a range of ejnotional alld practical support, including &qreers advice,
support with UCAS applications and personal slatements, and referrals to other organisations
for items such as winter clothing and food vouchers.
Of those in receipt of a granL 960/0 said they could get advice and support when they needed it,
91 % reported that they were helped to access new opportunities and services, 920/0 felt
supported to pursue their long-temi careeT and educational options. 87 % said their knowledge
of their rights had increased, and l OOO/o felt more optimistic and hopeful about their futl￿e.
83010 said Hope for the Young helped them feel more connected to otheT young people facing
similar challenges and, at the time of reporting, IOOO/o of grantees had either passed their
academic year or were continuing their studies.
"Even though I've been able to secure a scholarship, it doesn'tjuY( end there,
because Ihere are obvtously other struggles that comes with being in higher
education. And mosl of don't haveparents Éhat have been lo universiiy bejore. So,
it's a whole new ball game. Hftyis like a safe place
fyou need any help, they will
sort if outfor you"_ Granlee
We also facilitated 3 additional workshops throughout the year, including a Grantee Welcome
Meeting which provided a safe space for new grantees to rneet one another. share their
experiences, and hear about the support on offer from Hope for the Young; a Women-only
Support Session, and an Early Careers Workshop for Law students hosted by the law fmn
Mishcon de Reya. In December 2023 we also held our Annual Celebration in which our
grantees travelled from across the UK to meet one another and Celebrate their achievements
along with our London-based mentees, mentors, and the whole Hop¢ for th¢ Young team.
In the following academic year starting September 2023, we have since received 177 funding
applicatxons and pledged a fLllther 60 grants totalling £70,166 to support young people into
education. Our focus remains on supporting &8 many young people seeking sanctuary in the
UK to access education and get the one-to-one support they need to succeed. We alm to
increas¢ staff￿g capacity for this programm¢ so that w¢ Can continue growing this vitsl service
alongside our Mentoring Programme.

HOPE FOR THE YOUNG LtrrfiTED
REPORT OF THE DIRECTORS
for the year ended 31 March 2024
Youth-led Approach
We have continued enhancing and ¢mb¢dding the involvernent of young people and those with
lived experience in all aspects of Hope for the Young's WOTk. During the past year, 8 young
people joined our staff and mentor interview pan¢ls and co-d¢livered all our mentor training
sessions. Young people have also volunteered in social medi4 admintstration. fundraising, and
finance roles. We also had a team of l O young people come together to design and facilita
our Annual C¢l¢bratioEL
"It's important to inclz4de youngpeople in volunteer mentor recruilment,$0 thatyour
evaluation of the mentors is based on the opinions of young people flzrough their
experience irt rhe Menloring Programme.
- Menlee Panel Member
For the third year running, all our grant-making panels included at least 2 previous grantees
who, alongside other panel members, decided on the outcome of grant applications. Having
young people with lived experience involved at the core of our grant-making decisions was
invaluable due to their deep understanding of the issues affecting new grant applicants and their
knowledge of navigating the UK education and &8ylum systems.
Both our staff team and the external consultants we work with includ¢ p¢ople with lived
experience of forced migrdtion, ensuring that our day-to4ay work is infornied by those with
lived experienc¢ of the UK asylum system. We also continued our commitment to ensuring
that at least 400/0 of all external communications included the voices of those we support.
Young people wrote blog posts, directed videos, spoke at events, and shared their stories to
help others in similar circumstances. Being involved in the design and delivery of our
prograrnmes Iw given young people the chance to develop key skills in group facilitation and
publi¢ speaking. gain confidence and self-esteem, and enhance their future job prospects.
Next y¢ar, w¢ will be working closely with young people to carry out an external evaluation of
our programmes with the support of an external consultant. They will also k central to
developing our next 3-year strategy.
Partnership and outreach
Over the past year, Hope for the Young received referrals from over 90 different organisations
including the British Red Cross, The Refugee Council, and MRgrants Org&ni8e. Our holistic
approach to th¢ n¢eds of young people, as well as the quality of our work and its proven impact,
continues to remain t￿lY valued by our partner orgallisations whotn we work closely with.
We developed stronger links with local businesses and volunteer centres to wtden our volunteer
base and worked with GPS, community groups, local law firn]s, educational institutions and
other charities to ensure that we w¢r¢ able to offer a truly joined-up approach. For example,
through close working relationships with organisations such as The Bike ProjecL Screenshare,
Wrapup London, Refugee Education UK Breadwinners, Re￿geeS at Home, and Freedom
from Torture, we We￿ able to support young people to access bicycles. laptops, and warn]

HOPE FOR THE YOUNG LIMITED
REPORT OF THE DIRECTORS
for the year ended 31 Mareh 2024
clothing, as well as more in-depth education, employmenL housing. and mental-health support
- ensuring their full rang¢ of needs were met,
. [the youngperson has] many meelings with home office officials. caseworkers,
solicitors, housing officers... His Hfty induction meeling was verypoignant bect7use ...
Éhis was ihefirst meeting he attended rhat was aboui his hopes, what he likes to do, how
he spen£ts his lime and how he wayfeeling. ' [Referrer]
W¢ saw a significant increase in referyals from local authorities and childr¢n's services across
London and are pleased to have continued contracts with Haringey, Newham, and Richmond
and Kingston Councils to provid¢ mentoring to young unaccompanied refugees and asylum-
seekers living Thithin their respective boroughs.
Hope for the Young also remained an active membeT of key networks supporting re￿ge¢S and
asylum geekers. These include the Refugee and Migrant Children's Consortium (RMCC),
advocating for the rights of re￿gee children. the Young Refugee Collective in South London,
improving opportLmities for young refugees. and the IMIX communications group, working to
shift na￿atIVeS around migration. We maintained membership of the Experts by Experience
(EbE) Employment Initiative, promoting equitabl¢ recruitment for those with lived experience
of the UK immigration system, and also joined th¢ Asylum Support Advice Network (ASAN)
to share knowledge and best practices on asylum support issues.
Financial Review
In the year ending March 2024, w¢ raised a total of £600,847 (2023.. £308,655), of which 810/0
was restricted (£496,681). We raised 860/0 of our income from Trusts, Foundations, grants, and
contracts (£519,702) Our total expenditure was £441,838.
We continued to focus on diversifying incom¢ streams to strengthen our resilience and ensure
sustainability moving forward. As part of this, we Taised 141 of our income from individual
giving, cory)orate giving, and a growing number of community events.
Hope for the Young Closed the year with net assets of £374,366. The total unrestricted reserves
of the charity are £241,353.
Risk Review
The major risks to which the charity is exposed, as identified by the directors, have been
revi¢wed and systems have been established t() mitigate those risks including reports to
Directors, meetings against an agreed risk regist¢r.
Reserves Poliey
It is the policy of Hope forthe Young to hold at least 6 to 9 months running costs in unrestricted
reserves that have not yet been committed or designat￿ for any particular purpose. The
directOTS have set aside these reserves in order to protect the future of the charitable company
from th¢ ¢ff¢cts of any unforeseen variations in its income streams as part of a policy of good
financial management prdctice. The alr￿torS have set the level of these reserves after
undertaking a thorough ass¢ssmeDt of the ch￿il8b1e Company's needs.

HOPE FOR THE YOUNG LIMITED
REPORT OF THE DIRCI CTORS
for the year ended 31 March 2024
Members wlth management responsibAliti¢s
The responsible individuals are directors for the purpose of company law and trustees for the
purpose of charity law. The trustees serving duiing the year and up to the date of tbis report
wer¢:
Dr Kamran SAEDI
Mr Jafar OMID
Dr Catherine Louise SThEET
Mr Michael Edwin ATKINSON
Ms Niki KALYVIDES
Their position as ITUStees is unTemunerated and no trustee had any beneficial interest in any
contract with the cbarity during the year.
Members of the charitable compally guarantee to contribute an amount not exceeding £1 to the
assets of the tharitable company in the event of its winding up.
Appointment of Directors
Under the Articles of Association, membersbip shall be open to anyon¢ the directors, by a
majority vote, agree will fiwther the ain]s of the charity.
Responsibilities of the trustees
Company law requires the trustees to prepare financial statements for each financial year,
which give a true t￿d fair view of the state of the affaiTS of the charitable company as at the
balance sheet date and of its incoming resources and application of resources, including income
and expenditure, for the fEnan¢ial yeaT. In preparing those financial statements. the trustees
should follow best practice and:
Select suitsble accounting policies and then apply them consistently*
Make judgements and ¢stimates that are Teasonable and PTudent; and
Prepare the fin￿cial statements on the going concern basis unless it is inappropriate to
assume that the c4)mpany will continue on that basis.
The tn￿teeS acknowledge their responsibilities for ensuring that th¢ company ke¢ps accounting
records which comply with section 386 of the Act and for preparing financial statem¢nts which
give a true and fair view of the state of affairs of the company as at the end of the financial year
and tf its pmfit or loss for the fitwicia] year in accordance with the requirements of section 394
and 395 alld whtcb othenvise comply with the requÈrements of the Companies Act 2006
relating to accounts, so far &$ applicable to the company. The trustees are also responsible for
safeguarding the assets of the charitable Company and hence for taking reasonable steps for the
prevention and detection of fraud and other inEgularities.
Dr Kamran Saedi
Dir¢ctor
Date.. 6 December 2024

HOPE FOR THE YOUNG LIMrrED
STATEMENT OF FINANCIAL ACTIVITIES
for the year ended 31 March 2024
Unrestricted
Fund$
Restricted
Funds
Total
2024
Total
2023
Notes
Income from..
Donations and legacies
97,813
496,681
594,494
308,655
Interest Reccived
6.353
6,353
Total income
104,165
496,681
600,847
308,655
Expendiknre on:
Raising funds
24,078
24,078
24,378
Charitable activities
417,316
417,759
223,047
Total expenditure
441
94
441838
247 425
Net ineome for Ihe
year
103,721
55287
159,008
61,229
Transfers between
funds
Net movement in
nds
103,721
55,287
159,008
61,229
Brought forward
137,631
77,726
215J57
154,128
Total at 31 March
2024
241
52
133 013
374
66
215 357
There were no recognised gains or loss¢s other than those included in the statement of fllwicial
activities.
The attached notes £orni part of these fuwicial statements.
io

HOPE FOR THE YOUNG LIMrrED
BALANCE SHEET
for the year ended 31 March 2024
Notes
2024
2023
Current assets
Debtors
Cash at bank and in band
23,968
355,963
Ig
216,121
Cr¢ditoTh: anyTrunts falling due
within one year
5.565
764
Net current assets
374J66
215J57
Total assets le$$ evfftnt
liabilities
374 366
215J57
Funds
Capital and reserves
Restricted fillxls
Unrestricted fiullis
133,013
241,353
77,726
137,631
Total funds
374,366
215J57
For the financial year ended 31 March 2024 the company was entitled to exemption from audtt
under section 477 Companies Act 2006. No member of the company has deposited a notice,
pursuant to section 476, requiring an audit of these financial statfflnents under the requirements
of the Companies Act 2006.
The directors acknowledge their responsibilities for ensuring that the company keeps
accounting records whicb comply with section 386 of the Act and for preparing financial
stalements which give a true and fair view of the state of affatrs of the company as at the end
of the financial year and if its profit or loss for the financial year in accordance the
requirements of section 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating t() a¢counts, so far as applicable to the company.
These financial statements have been prepared in accordance with the special provisions
relating to small companies within Part 15 of the Companies Act 2006.
The financial statements. were approved by the bo&rd and signed on it5 behalf by:
Dr Kamran Saedi
Director Date:
6 Dec¢mb¢r 2024

HOPE FOR THE YOUNG LIMITED
NOTES TO THE ACCOUNTS
for the year ended 31 Mareh 2024
Accounting policies
Basis of preparation
The financial statements have been prepared in accordance Accounting and Reporting by
Ch8rilies.' Statement of Reconunended Practice applÈcable to charities prepaTiThg their accounts
in accord￿Ce the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102) - (Charities SORP FRS 102) and the Companies Act 2006.
The charAtable company meets the definition of a public ben¢fJt entity under FRS 102. Assets
and liabilities are initiaIly recognised at historical cost or tt7nsaction value unles5 Otherwise
stated in the relevant accounting policy OT note.
Going concern
The trnstees consider that there are no material uncertainties about the charitable company's
ability to continue as a going concern. The trustees do not consider that there are any sources
of estimation uncertainty at th¢ reporting date that have a significant risk of causing a material
adjustment to the carrying amounts of assets and liabilities within the next reporting period.
Income
Donations income is recognised when the charÈty has entitlement to the funds. any perfornance
conditions attached to the income have been meL it is probable that the income will be received
and that the ojnount can be measured reliably.
Income from government and other grants, whether 'capital' grants or 'revenue' grants, is
re¢ognised when the Charity has entitlement to the funds, any perfortnance conditions atta¢hed
to the grants have been met. it is probable that the income will be reccived and the amount can
b¢ measured reliably and is not deferred. Income received in advance for the provision of
specified service is d¢f¢rred until the criteria for income recognition are met.
On re¢eipt, donated gifts, professional services and donated facilities are recognised on the
basis of the value of the gift to the charity which is the amount the charity would have been
willing to pay to obtain services OT facilities of equivalent ¢¢onomic benefil on the open market.
a corresponding amount is then recognised in ¢xp¢nditur¢ in the period of receipt.
Fund accounting
Unrestricted fi￿dS are available to spend on activities that further any of the purposes of
charity. Restricted funds are donations which the donor has specified are to be solely used for
particular areas of the charity's work or for specific projects being undertaken by the charity.
Designated funds are unrestricted funds earnarked by the Management Committee for
particular purposes.
12

HOPE FOR THE YOUNG LIMITED
NOTES TO THE ACCOUNTS
for the year ended 31 March 2024
Expenditure
All expenditure is accounted for on an aC¢n￿lS basis and has been classified under the related
activity. The expenditure comprises dir¢ct expenditure including direct staff cost attributable,
and allocated support cost. Support costs represent central operational overheads such as
Finance, Human Resources, Insurance, Informatkon Technology, and central office costs, and
the costs of governing the organisation. Support costs are allocated to activities on the basis of
resource usage and/or the most appropriate measure of how such tesources are used.
Expenditure on raising funds are those wsts incurred in attrdcting donations and leg￿les.
Charitabl¢ activkties include grants payable and expenditure associated wilh the provision of
service to the beneficiaries and stakeholders of the charity, and ¢ov¢rs both direct cost and
allocated support cost r¢lating to these activities. Grants payable ar¢ accounted for when
approved and when the intended recipient has either received the funds or been informed of
the decision to make the gI￿t and have satisfied all related conditions. Grants appmved but
not paid at the end of the fknancial year are accrued for. Grants where the beneficiary has not
been infornied or has to meet certain conditions before the grant is released are not accrued for
but noted as financial commitments in the notes to the accounts.
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount
oIY¢r¢d. Pr¢paym¢nts are vaIued at the amount prepaid net of any trade discounts due. Grant
income accruals are valued at th¢ amount claimable against the grant commitment at balance
sheet date.
Cash at bank and in hand
Cash at bank and cash in hand includes casb and short terni higllly liquid investments with a
short maturity of three months or less (except foi fixed interest bank deposits which can have
a duration of up to 12 months) froEn the date of acquisition OT opening of the deposit or similar
account.
Creditors and provisions
Creditors and provisions are recognised where th¢ charity has a present obligation resulting
from apast event that will probably result in the transfer of funds to a third paty and the amount
due to settle the obligation be measured or estimated reliably. Creditors and provisions are
nomvally recognised at th¢ir s¢ttl¢ment amount after allowing for any trade discounts due.
Penslons
The charity operates a contributory pension scheme. It is a defined contrib￿10￿ scheme and
contributions are charged in the statement of financial activities as they accrue.
13

HOPE FOR THE YOUNG LIMITED
NOTES TO THE ACCOUNTS
for the year ended 31 Mareh 2024 (continued)
Critical accounting estimates and judgments
In the application of the charity's accounting policies, the trustees are r¢quiTed to make
judgements, estimates and assumptions about the carrying amount of assets and liabilities that
are not readily apparent from other sources. The estimates and associated assumptions are
based on historical experience and other factors that ar¢ Considered to be Televant. Actual
results may differ from these estimatss. The estimates and underlying assumptions are
reviewed on an ongoing basis. Revisions to accounting estimates are Tecognised in the period
in which the estimate is revised where the revision affects only that period. or in the period of
the revision and future periods where the revision affects both current and future ￿lodS.
Basle finanei81 assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured
at transaction Price including transaction costs and are subsequently carried at aTnortised wst
using the effective interest method unless the arrang¢ment constitutes a financing transactio
where the transaction is measured at the present value of the future receipts discounted at a
market rate of interest. Financial &8sets classified as receivabl¢ within one year are not
amortised.
Basie financial liabilities
Basic fll]ancial liabilities, including Creditors and bank loans are initially recognised at
transaction price unless the arrangement constitutes a fll]an¢ing transactio￿ where the debt
instrument is m¢asured at the present value of the future receipts discounted at a market rate of
inteTest. Financial liabilities classified as payable within one year are not amortised. Debt
instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trnde creditors are obligations to pay for goods or services that have been acquired in the
ordinary course of operations from suppliers. Amounts payable are classifi¢d as current
liabilities if payment is due within one year or less. If not, they are p￿sented as nonwcurrent
liabilities. Trade creditors are recognised initially at transaction price and subsequently
measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are der¢cognised when the charity's contractual obligations expire or are
discharged or cancelled.
14

HOPE FOR THE YOUNG LIMITED
NOTES TO THE ACCOUNTS
for the year ended 31 March 2024 (eontinued)
2. Income from Donations
2024
Totfil
Unrestri¢*d Restricted
2023
Totsl
Donations
ItKiivjd￿l Givirg
Corporate
conu[A￿lty and Everts
20.963
5.973
54,209
211963
5973
54209
21,341
3 1,370
12,093
Grants arKI Contra¢Ls
A¢hi¢ving for Children
Alborada Trust
Belron Rollnie Charitablt FO￿￿&t10n
Bellnelo￿ FO￿dation
Building Blocks
Ckrry Fa]nily Foundation
City Bridge Trust
Futxl for HLW Need
Haringey Council
H¢try Smith CFMrity
Hugh Symorn Charitabl¢ Tr￿t
JLakritabl¢ FO￿￿ation
KFC YO￿ Foundation
Lloyd5 Bank FoutKlation
lA>￿10n Chwcks RefiEee FuNI
NatiorAI Lottery- Awards for All
Natio￿] Lx)ttery- Reaching Conmmiities
New Philanthropy NPC
Po$tcod¢ Society Tr￿St
Th¢ Thildhood Tr￿1
The Greater knnd¢)n Athrity- Propel
LeighTru5t
Linbwy Tnwt
Tr [￿)￿lOn Borou￿ ofNewh
LoThlon Conmll]ity Foutxlation
Tl* RaJ* Fo￿datiOn
T￿￿￿[￿S Wo11 Tru
W¢l¢ome Newham SnMII GrttTts Pro￿amn￿
23.968
30,000
23,968
30,IKMI
4,285
14,01)0
30,IMJO
4,285
14,000
18,000
8,000
20.800
210
7,832
25,000
45.000
40.0(M)
290
7.600
25.000
45.0110
40.000
290
7ffj00
25,000
lo,￿￿
2J83
3,11(MJ
10,000
U83
3,IM)O
2,300
1.000
10.O(M)
i.(K>o
IAIOO
105,064
105,064
15,000
23,582
1500
84,766
5.000
S0,(M)O
46,993
10,000
84,706
s,0
50.000
46993
10,000
2.500
55,0(K)
9.809
5,(M)O
7.307
5.000
sooo
97.813
49&681
594.494
3118,655
15

HOPE FOR THE YOiING LIMtTED
NOTES TO THE ACCOUNTS
for the year ended 31 Mareh 2024 (eontiDued)
3. Expenditure Allatysi$
Charital* aetivities
Cost of
Raislxg
funds Melrtori
Advo¢aey
21124
2023
Salary eosts
Pro￿nyrE Costs
Bwsaries
sL￿port Costs
Salary Costs
CotL%ultingaTrJ Professional Fees
Di8ital arKi Web Ekvelopme
Finance atyj Payroll
JAS￿alKe
Offi¢e a￿1 IT
Fundraising
21.700
1,177
201,668
37,506
57,484
5,163
67,376
280,851
43J46
67J76
154,707
22,911
54,690
7.778
1,139
753
3262
889
17.741
7,778
380
753
1.087
296
5,914
15355
lJ18
1,673
435
1,185
23,654
1.034
795
441,838
167
230
404
5,725
1.034
596
271J31
13
247.425
146A29
4. Employees
2024
2023
No.
NthTthr of Staff
io
Enwloynrnt Costs
2024
2023
Wa￿S alld salaries
Social seC￿lty costs
(Xher P¢JL8ion costs
269,088
20,868
6,450
296,406
141.845
8,722
154 707
No member of staff received remunerdtion of more than £60,000 in this year (2023 - none).
5. Trustee Remuneration
The charity trustees were not paid or received any other benefits from employment with the
TnL8t or its subsidiary in th¢ year (2023: £nil) The charity trustees received £nil in expenses in
the yeaT (2023: £nil). No charity trustee received payment for professional or other services
supplied to the charity (2023: £nil).
6. Taxation
Th¢ charity is a registered charity and no provision for taxation is ¢onsidered necessary.
16

HOPE FOR THE YOUNG LIMITED
NOTES TO THE ACCOUNTS
for the year ended 31 March 2024 {contAnued)
7. Debtors
2024
2023
ACcrl￿d I]K0￿
23,968
8. Creditors: Amounts falling due within one year
2024
2023
Aged creditors
Accnllls
3,852
1,713
764
764
9a. Movement in Funds- 2024
Asatl
April 20
EATret￿lt[r¢
I tAJSS¢5
AsRt31
Tr¥￿ter 2024
GaiTh5
Uhtt$trirted l%Jnd&:
eral
137.631
104.165
24] J52
137,63]
104.165
241 J52
Moven*Dt5 in Futhts- 2024
R¢stticted f￿a5..
Achieving for Childre
AIiK)Tada Tru%t
Bemelong F(4u¥Jation
B￿ld1￿8 Block%
akrry FattlllyFowNJation
City Brid8e Tn
Pu￿1 forHun*n N¢¢d
ingey COW￿71
Henry SmithChaTity
KFC YouthFQw￿atIOn
LoThJon Churths Refugee
National tnttery. Awards for AII
Natiottal tDttery. ReaChi￿Sco￿l￿r￿tit3
New PhilBnthropy NPC
Postrode SocictyTn*t
Childhood Ir￿1
Tr GTe&tr lo￿(0￿A￿Tity. Propel
The IEigh Tr5
The LinbTryTrll4t
Th¢ Lojyjon FA)rO￿lorNewh
Th¢ CorrllnwAty FO￿d￿[On
ThE R8nk r(A4ndatii)rt
TIK)nw Wall Tntst
Wel¢otYE New]wn Small GrgDts Prowrtll
,968
30.000
14,000
23,968
15.267
14.0(K)
6,525
14,025
40.209
290
7,610
35.717
14733
6J25
7010
244
45,0(X)
40,0(X)
2￿
7,6(M)
25.0(K)
3,000
,000
3&785
35
io
1I717
9.562
9.562
76,383
15,000
15,541
2,500
72,40È
105,064
2&68J
J5,IMIO
84,766
5,000
50.000
46.993
io.(M)o
12,358
2J35
17.69M)
34,645
10.o(x)
5.0(X)
A128
776
S577
Tl.7ZS
681
441J94
133,012
T(TrtslFwl8
215J56
441*38
37
17

HOPE FOR THE YOUNG LIMITED
NOTES TO THE ACCOUNTS
for the year ended 31 Mareh 2024 (continued)
9b. Movement in Funds- 2023
Asatl
April 2022
AJ*t31
TratL4fer Mgrth ZO23
Gains
/ tnss¢s
Unre$trrtted fuThk:
Gtttrral
112,010
67.115
41,494
137,631
I12￿1
67.115
41,4Y
lJ7ffj31
Mov¢nxths Ix 2023
R¢strieted futh:
Alknrada Tn%t
Buildin8 Blecits
Cl￿F$Th￿ly FouThlation
City Brid8E Trus¢
for HutwJNeed
Haringey CO￿￿]1
HeJ]ry Smith Charity
LoryJ(>tiChurthes Reft¥e FuThl
N￿0th1 tnttery- Aw*Fds for All
New Ptlllanthropy NPC
p0￿COde Soci¢ty Tn￿l
I'he Childhotyj tr￿1
The Le]￿T￿tst
The knnbury Trust
Tr Raj&Fou￿latiOn
TtM)mas Wall Tn
Welc4)m¢ Newh8Jn Smqll Grrtrts Prow8nll
30,0
l8.O(M)
8.OlX)
20,800
210
7.832
25,01
30,0
18,(KbO
J90
20.556
210
8,1122
20.509
I,o(M)
438
6J25
6J25
7,810
1,0
226
111717
10,0
15,OIM)
23.582
2.5(X)
(K)
55.0(N)
9,8(I9
5,000
7.307
9J62
&041
ISJ41
1500
71.636
19.204
3,095
.729
1&971
1,905
5J77
42.117
241,S40
Totsl
154 127
30&655
247,425
21
357
18

HOPE FOR THE YOUNG LIMITED
NOTES TO THE ACCOUNTS
for the year ended 31 March 2024 (contiDued)
10. Purpose of Restrieted Fund8
Achieving for Children
Kingston upon TP￿ne$
Alborada Trust- funding towards the Mentoring Programme
Belron Ronnie Lubner Charitable Foundation
activities
funding towards Hope for the Young's
Building Blocks - partnership funding to be allocated towards the Mentoring Programme
Cherry Famity Foundation - funding towards the Grants and Advo¢a¢y Programme
CRty Bridge Trust- funding towards salaries and overheads of the Mentoring Programme
Fund for Human Need- funds to be spent on bursaries
Haringey Council - fwiding towards the provision of mentoring to support young
una¢¢ompani¢d refugees and asylum-seekers in Haring¢y
Henry Smith Charity - funding towards the n￿￿ing costs of the Mentoring Programme
Hugh Symons CIAaritabl¢ Trust - funding towards Hope for the Young's activites
KFC Youth Foundation - funding towards th¢ Mentoring Programme
London Churehes Refug¢e Fund - funding for travel cards, food, toiletries and clothing for
destitute young asylum-seekers
Nation¥dl Lottery - Awards for All - fijnding towards the Tunnxng costs of the Mentoring
Programme
National Lottery - Reaching Communities - funding towards core costs and salaTies for the
Mentoring Programme in South London
New Philanthropy NPC - funding towards tackling financial hardship
Postcode Society Trust - funding towards the Mentoring Coordinator's salary in North
London
The Childhood Trust- funding towards young people under 18 supported by the Grants and
Advocacy Programme
The Leigh Trnst- fimding towards the expansion of the Grants and Advocacy Programme
The Linbury Trnst - fi]nding towards the core work of Hope for the Young including the
Mentoring and Grants and Advocacy Programmes
The London Bon)ugh of Newham - funding towards the provision of mentoring to SUp￿rt
young re￿geeS and asylum-s¢¢kers in Newham
Th¢ London Community Foundation - funding to respond to the immediate impacts of the
cost-of-living crisis
Thomas Wall Trust- funding towards the Mentoring Programme's expenses
Welcome Newham Small Grnnts Progr8mnJe- fimding towards the pmvision of mentoring
to support young re￿geeS and asylum-seekers in Newham
fimding towards the Mentoring Programm¢ in Richmond and
19

HOPE FOR THE YOUNG LIMITED
NOTES TO THE ACCOUNTS
for th¢ year ended 31 March 2024 (continued)
112. Anatysi$ of net assets between funds - 2024
FAxed
Assets
Current
Ass¢ts
Cwrert
Liabilities
Total
UnTr$trirted funds:
Getrral fiThJs
Restiieted funds:
246,919
(5,565)
241J53
133 013
379931
Tothl
133.013
374
I I b. Analysis of net assets between fimds- 2023
Fixed
Assets
Cwrettt
Assets
ImiestnKrt8
tiabilities
Tot
U￿eStrICted fiThls:
Ge￿ra] fi￿dS
Restricted fimds:
Others
Total
138,395
(764)
137,631
77.726
215,357
216 121
764
20

HOPE FOR THE YOUNG LIMITED
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
HOPE FOR THE YOUNG LIMITED
I report on the accounts of th¢ charity for the year ended 31 March 2024, which are s¢t out on pages 10
to 20.
R¢spective responsibilities of trii8tees and examiner
The Charity's trustees are responsible for the preparation of the a￿OuntS. The charivs trustees consider
that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act)
and ihat an independent eX￿￿]natiOn is needed.
It is my responsibility to:
(i) exaTnine the accounts under section 145 of the 2011 AQL
(li) to follow the procedures laid down in th¢ general Directions given by the Charity Commission under
section 145(5)(b) of th¢ 2011 Act. and
{iii) to stats whether particular matters have come to my attention.
Basis of llldependent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by th¢ charity and a
comparison of the accounts presented with those records. It also in¢ludes consid¢Tation of any unusu&l
items or disclosuffs in the accounts and seeking explanattons from you as trustees concerning any such
matters. The procedures undertaken do not provide all the evidence that would be required in an audit
and consequently no opinion is given as to whether the accounts present a 'lru¢ and fair vtew, and the
report is limited to thos¢ matteTS set out in the next stat¢ment.
Independent examiner's statement
Your attention is drawn to the fact that the chaTity has prepared aocounts in accordance with Ac¢ounting
and reporting by Charities preparing theiraccounts in accordance with the Finanoial Reporting SLgndard
applicable in the UK and Republic of Ir¢l&nd {FRS 102) in preference to the Accounting and Reporting
by Charities.. Ststement of Recommended Practice issue4J on l April 2005 which is referred to in the
extant regulations but has not been withdrawn.
l und¢rstand that this has ken done in order for the accounts to Provide a true and fair view in
accordance with Generally Accepted Accounting Practice effective for reporting peri¢)ds beginning on
or after l January 2015.
In connection with my examinatio￿ no other matter except that refeffed to in the previous paragraph
has com¢ to my attention..
(a) which gives me reasonable cause to believe that in any material r¢spect the requirements:
(i) to k¢ep accounting records in accordance with section 130 of the 2011 Act; and
(li) to prepar¢ accounts which a¢¢ord with the ￿￿￿ntIng records. and comply with the accounting
requirements of th¢ 20I l Act. have not been met or
(b) to which. in my opinion, attention should b¢ drawn in order to enable a proper undeTStRnding of the
a¢￿u￿t5 to be reached.
21

Sa¢ed Noury MAAT
Membership number.. 10200024
22 Conduit Place, London, W2 IHS
Date.. 9 December 2024
22