Fitzrovia Youth in Action Annual Report and Accounts 2023-24 STEWARD "Young people creating a better community".- Fitzrovia YOUTH IN ACTION www.fya.org.uk Q Basement, 66-68 Warren Street, info@fya.org.uk London WIT 5NZ 020 7388 7399 Charity no1136697 Company no 06922343 |REPORT OF THE TRUSTEES|REPORT OF THE TRUSTEES|2| |---|---|---| ||Introduction from the Chairperson
Reference and Administrative Details|4
3| ||Our Purpose|7| ||Framework for Measuring Success|8| ||Main Activities of the Charity|10| ||Our Work in 2023 - 24|11| ||Our Community Partners|28| ||Our Funders|31| ||Our Staff|32| |ANNUAL ACCOUNTS AND FINANCIAL STATEMENTS|Our Board of Trustees
ANNUAL ACCOUNTS AND FINANCIAL STATEMENTS|33
34| ||Strategic Report
Trustees' Report
Independent Auditors' Report
Consolidated Statement of Financial Activities
Consolidated Balance Sheet
Balance Sheet
Consolidated Statement of Cash Flows|34-36
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42-45
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49| ||Statement of Cash Flows
Notes to the Financial Statements|50
51-71| 02 REPORT OF THE TRUSTEES FOR THE YEAR ENDING 31 MARCH 2024 The Trustees are pleased to present their annual directors, report together with the consolidated f inancial statements of the charity and its subsidiary for the year ending 31 March 2024 which are also prepared to meet the requirements for a Directors. report and accounts for Companies House purposes. Fitzrovia Youth in Action Annual Report and Accounts 2023-24 03 Reference and Administrative Details Chairperson Javier Sajuria Registered Office Basement 66-68 Warren Street London WIT 5NZ Chief Executive Officer and Company Secretary Andre Schott Auditor Smartax Limited Chartered Certified Accountants and Statutory Auditors 38 Station Road North Harrow Harrow HA2 7SE Trustees Patricia Ann Marron Javier Sajura Lorna Emma Ponambalum Rosemary Swainston Idriz Adedoja, Treasurer Natalie Speranza Dr Mark David Seaborne Daniel Pitt Emilie Vanpoperinghe Jane Sitnone Boddington Brian Christopher Willmore Alice Weavers Afrin Alam Charity Registration Number 1136697 Company Registration Number 06922343 Fitzrovia Youth in Action Annual Report and Accounts 2023-24 04 Introduction from the Chairperson As we approach the collclusion of our 2022-25 strategic plan. it is all ideal moment to ref lect on the remarkable progress FYA has made and to celebrate the achievefflents that define this period. Since stepping into the role of Chair of Trustees in March 2024,1 have been continually inspired by the passion and commitment of our staff, fellow trustees, and young people who remain at the heart of everything we do. Together, our organisation has co-created transf Drmative opportunities for young people to lead change, expanded our reach. and solidified our position as a leading advocate for youth-led social action. The past three years have been shaped by a clear vision to develop and grow innovative social action programmes, increase opportunities for young people from diverse backgrounds in Camden and Westminster to lead change, and build impactful partnerships that amplify our mission. These priorities have guided our work. and the results have exceeded expectations. Over the course of this strategic plan. we have seen record numbers of young people engaged. In the past year alone. more than 700 young people participated across over 50 cohorts of our diverse social action programmes. These young leaders, driven by their passion and lived experiences, have taken on some of the most pressing challenges in their communities and beyond, demonstrating the power of youth-led 3Ction. Central to our approach has been a commitment to flexibility and youth leadership. We are increasingly providing opportunities f or young people to draw on their lived experiences to shape and lead social action prografflmes. Today, 45010 of the young people we work with face significant challenges, including mental health issues, special educational needs. disabilities, refugee status, or the risk of exclusion. By ensuring these young people have a plattorm to lead, we have enriched the quality and impact of our programmes. Theii iesilience and insights have driven social action on a wide range of issues, from supporting peers through mental health strugOes to leading p13ce-b3sed initiatives that foster a sense Of cotntnunity and even co-producing systemic changes that improve local services. The impact of youth-led social action cannot be overstated. Our evaluation tools, which have been validated and refined over time, highlight the profound benefits of participation. This year's annual report paints a Compelling picture of these outcomes. Seventy-f ive percent of participants reported an improvement in their mental health by the end of the programme. This improvement is even more striking when considering that, at the start of the programme, 34,10 of participants experienced low levels of mental health, a figure th3t dropped to just 7,10 by the end. Me3nwhile, those reporting high levels of mental health increased from 8,10 to 24,10. Beyond mental health, participants have shown increased conf idence, a stronger sense of belonging within their communities. and the development of essential skills that will serve thern for years to come. Fitzrovia Youth in Action Annual Report and Accounts 2023-24 06 A foundation of our work has been the partnerships we have built and strengthened over the years. These partnerships are integral to our ability to reach more young people, share resources, and create lasting itnpact. This year, we expanded our programmes into Westminster. a milestone achievement that has opened doors to new opportunities. Collaborating with schools and youth agellcies across the City of Westminster has enabled us to embed our work more deeply in the community and provide tailored support to young people in the area. These partnerships, based on mutual trust and shared goals. amplify the reach and impact of our programmes. ensuring more young people can access the support they need to thrive. Our work goes beyond direct programme delivery. We 3re cotntnitted to sh3ring our learning and expertise to strengthen the broader ecosystetn of youth participation and co-production. To date, more than 250 professionals frotn over 150 organisations have attended our masterclasses, which focus on facilitating youth participation and co-production. These sessions have become a hallrnark of our approach, equipping professionals with the tools and insights needed to create meanin2f ul opportunities for young people in their own contexts. This aspect of our work not only extends our influence but also reinforces the importance of youth-led initiatives across sectors. One of our proudest achievements this year h3s been the13unch of our new website, a p13ttorm that reflects the energy, creativity, and impact of our young people. Co-designed with the young people we work with, the website is packed with case studies, f ilms, and evidence of how young people are leading change. It Se￿eS not only as a resource for those interested in youth-led social action but also as a testament to the value of placing young people at the centre of everything we do. The website exemplifies our commitment to a fun. engaging. and youth-led approach. which has become a defining characteristic of our work. As we look 3he3d to the future, we are focused on developing our next strategic p13n for 2025-28. This is an exciting time for our organisation, as we build on the successes of the past three years and identify new opportunities to grow and innovate. The process of creatillg this plan is already ullderway, with trustees. staff. and Ambassadors collaborating to shape a visioll that will guide us into the llext chapter. This collaborative effort reflects the values of illclusivity and partnership that underpin our work and ensures that the plan will be both ambitious and achievable. I would like to take this opportunity to thank everyone who has contributed to our achievements over the past year. To our trustees, your guidance and dedication have been invaluable in steering the organisation through this period of growth and change. To our staff, your hard work and passion have been the driving force behind every success. To our Ambassadors and young people, thank you for inspiring us with your vision and determination to make a difference. Finally. I would like to extend a special thank you to Natalie Sperallza, our previous Chair of Trustees. for her exceptional leadership, vision. and commitment, which have played a crucial role in positioning us for the successes we celebrate today. Her support has been fundamental during this period of transition. Fitzrovia Youth in Action Annual Report and Accounts 2023-24 05 As we prepare to co-create on our next strategic plan, we remain steadfast in our commitment to creating opportunities for young people to lead change and to ensuring that their voices are heard. Together, we will continue to build a world where young people are empowered to make a lasting impact on the issues that matter most to them. Javier S3juria11] pictured with FYA'S outgoing Chairperson, Natalie Speranza Prof. Javier Sajuria Chairperson and trustee Fitzrovia Youth in Action Annual Report and Accounts 2023-24 07 OUR PURPOSE Our Mission Oo/ FYA supports young people from in and around Camden and Westminster to lead community action and create positive change for themselves, their peers and their community. Our Vision (Oi Our vision is a society where children and young people are at the centre of their communities. They feel they belong and are active participants in leading and inspiring community action. Young people will be confidently fulfilling their potential, with the skills to create positive change in their lives, with their peers and within their Community. Our Aims • Overall, FYA acts as a 'social brokerage., bringing together the talent and enthusiasm of young people and the resources and opportunities that the local economy and community can offer. Young people are an asset that FYA seeks to develop, so that they can contribute to the development of other young people and the wider community. && FYA aims to empower young people to make changes for themselves, their peers and their community. The outcomes that we strive for are: Increased resilience and wellbeing amongst young people; Young people being able to articulate and use their skills to move on into fuither education. tiaining or employment,. An increased sense of community belongingamongst young people and local residents who engage with FYA. Fitzrovia Youth in Action Annual Report and Accounts 2023-24 At FYA, we are on a journey to evidence the impact of our work. We believe that, through youth led-action, young people are empowered to create change for themselves, their peers and their community, and we want to be able to evidence this. Our Theory of Change model provides the structure to help us monitor and evaluate the impact that we are having. As part of this model, we have identified the need underpinning our work, the change we would like to see (our vision) and the activities we believe will help us achieve this change. We use two validated questionnaires: an adapted Life Effectiveness Questionnaire and the Short Warwick Edinburgh Mental Wellbeing Scale as pre and post programme evaluation questionnaires. These questionnaires help us to measure specifically: Wellbeing Sense of community belonging Self-confidence Intellectual flexibility Social competence Task leadership 09 MAIN ACTIVITIES OF THE CHARITY Numbers involved in FYA activities in 2023-24 In total, FYA worked directly with 961 young people in 2023-24, 721 of whom organised and delivered youth social action progratntnes across 52 cohorts of young people. Out of the 721 youth actlon participants. 45010 were living with issues such as mental health problems. special educational needs. being at risk of exclusion. having ref ugee status, among others. Our peer educators delivered workshops to over l 000 other young people. Over 2000 people from the wider community attended the community events run by our young people. A summary of the number of people involved by type of activity is provided in the table below. Programme Strand Programme Type Young people engaged during 2022-23 Young people engaged during 2023-24 Engagement Drop-in Football Social Prescribing 53 108 38 57 114 69 attended 5x or morel Total Engagement 199 240 Number of cohorts in 2023-24 Youth Action lyoulh action volunteers, 1091960} 113110341 12 Peer Education Youth-led community events le.g. street parties, festivals, community dinnersl Peer mentorring (Mental health) Young Ambassadors Regent's Park Champions lyoung people) Youth Action Teams Programme beneficiaries- no. of individuals engaged by our volunleersl 45121501 32 (2000,1 288 467 29 15 22 28 70 Total Youth Action 479 721 52 cohorts TOTAL 678 961 Fitzrovia Youth in Action Annual Report and Accounts 2023-24 10 Graph I; FYA beneficiaries by ethnicity 2023-24 Any other background, 9,10 White British,14010 Any other mixed background, 5010 Mixed Black and White. 3010 Any other Black background, 3,10 Black Somali, 2.1. White Other,17'1, Black Caribbean. 6010- Black African,13010 Asian Bangladeshi,18'1, Any other Asian background. IO'/0 45 /0 OF youth action participants were living with mental health problems, special educational needs, being at risk OF exclusion, having reFugee status, or other challenges. Graph 2; FYA beneficiaries by gender 2023-24 Non-Binary, I'lo Prefer not to say,1'1, Male. 48 %- Female, 50010 Fitzrovia Youth in Action Annual Report and Accounts 2023-24 SUMMARY OF ENGAGEMENT ACTIVITIES Football and other sports Six weekly coaching sessions were held on the Warren Sports Pitch in Fitzrovia and on the Cumberland Market Pitch in the Regent's Paik Estate. Weekly sessions were held for the Under IOS, Under12s, Undei15s and Under17s, as well as separate Girls Under13s sessions. The Under1 Os and Under12s teams played every Saturday in the Catllden and Regent's Park Youth League. 7 74 young people aged from 7-17 attended the football programme for more than five tiffles over a12-n7onth period. The average weekly attendance was 76.. most were within the 10- 7 5 age range.. 88 1 of attendees were young men, and 12 % were young women. "Having attended since I was little to now take on more of a leadership role- I gained so many new skills, From teamwork to helping prep and lead creative sessions, and it really helped me grow in conFidence.The staff were super supportive and made it Fun." "I've been part of FYA'S Football programme since I was seven. and it's been an incredible experience. I've Formed lasting Friendships. joined impactful social action projects, and now. at16. FYA is even helping me create my CV." Cumberland Youth Club A weekly drop-in session took place in the H-Pod community space. in the Regent's Park Estate. Sessions centred around healthy living themes, with regular well-being workshops and healthy cooking sessions being delivered. Exercise and sports activities took place at the same time in the Cumberland Market open space next to the H-Pod. 57 young people aged from 9-18 attended the programme for more than five times over a 12-month period. The average weekly attendance was 20, the fflost popular age was 12, 42 1 of attendees were young women, and 58 % were young men. Fitzrovia Youth in Action Annual Report and Accounts 2023-24 12 Social Prescribing We are partners in a North Central London (NCLI Integrated Care System programme which tests out different approaches to social presciibing for young people. We etnploy a peer link worker who helps young people participate in activities and support which they would otherwise not be able to access. Our peer link worker does outreach work and holds1-2-1 meetings with the young person to find out their interests and needs. as well as providing encouragement and practical support to help the individual sign up for beneficial activities. Oui social piesciibing model offers young people in need who participate in social action programmes additional 1-2-1 support, as well as supporting individuals to participate in group work where young people offer peer support and encourage each other to take up benef icial activities. 69 young people aged between 12-25 attended the programme over a 12-month period. The most popular age range was16- 7 7, 52 1 of attendees were young men, 45.10 were young women. 3 % were non-binary. "BeFore l joined the programme. I had been out OF school and was really struggling socially. I did not have many people to talk to and I felt lonely. Working with 3 social prescriber really helped me to start to Feel more confident to join the wider programmes at FYA. This summer has been a period For me to remember. I have been involved with the school attendance programme. helped organise the Warren Cup, and took part in many fun trips.This experience had been so amazing that I brought eight ew Friends Froffl my new school to join FYA." Fitzrovia Youth in Action Annual Report and Accounts 2023-24 ## PEER SUPPORT Young people are more likely to turn to other young people for advice and support than approach a parent, teacher or any other professional. At FYA, we have co-produced fun and creative peer support programmes where young people take the lead in offering each other advice and support. ## Peer Education Programme The peer education programme works with young people to identify issues that they feel are having a negative impact on them and their community. Young people participate in training and decide which issues they would like to address. They then explore their chosen topic and decide on the messages they want to put out to others. They are then supported to work up their message and create an awareness campaign. As part of this, they create a short film which becomes the centrepiece for awareness workshops which they deliver to other young people at youth clubs, schools and other agencies. Young people ran awareness campaigns around community belonging, community safety, youth conflict, being a young carer, peer pressure, family pressure, accessibility for disabled people, homelessness, body image, LGBTQ equality, and parental separation. _Last year, we supported 113 peer educators across 12 cohorts. They created 14 films and delivered awareness workshops to 1083 young people. 17 was the most popular age, 55% of attendees were young men, 42% were young women, 3% were non-binary._ 14 Peer Mentoring Programme Our Peer Mentoring Programme offers a space for young people to come together to access and provide peer support to one another thiough group work, one-to-one activities and discussions. The programme has been co-produced with young people and our project partners, Mind in Catnden and the Tavistock & Portman NHS Foundatioll Trust. The core prografflffle content has been informed by evidence-based models including the ' 5 ways to Wellbeing and ' Resilience Framework.. We offer different models of peer mentoring to schools and youth organisations, and we work with them to identify the best option for their young people. We encourage a mutual aid approach, where young people take turns to mentor each other, as we know the act of supporting others can be especially beneficial. Together, young people and our partners develop thetnes for participants to explore that form a structure for the programme. We deliver accredited training for peer mentors to complete prior to delivering mentoring sessions. This year we delivered the Peer Mentoring Prograffime to 29 groups in numerous schools and youth agencies. In total, 467 young people participated as njentors alld/or were active in peer support groups. 63 % were young women, 36 % were young men and l % were non-binary. Their ages ranged from 8 to 24, with 14-18 being the most popular age group. "I'm more aware OF diFFerent Feelings and emotions people might be going through. The sessions helped me understand how to support someone who might be struggling with their mental health and how to access difFerent resources to help theffl". .*41 EGEri") 0075 STI¥* "I really enjoyed the project. At f irst, I wasn't sure what to expect. but having the conFidence to create and run ffly own mentoring sessions was rea Ily qui te special. I'll never Forget this." "It's nice having someone going through the saffle thing you're going through and being able to talk and play games. l Feel like I can't always talk to my Friends about it but with my mentor I can" Fitzrovia Youth in Action Annual Report and Accounts 2023-24 15 PLACE BASED SOCIAL ACTION Young people are otten viewed as troublemakers, yet most young people care about their environment and are often tnost affected when it comes to issues like community safety. Our place-based social action programmes offer young people the opportunity to be the driving force around bringing the cofflfflunity together and fflaking local improvements. Youth-Led Community Events FY A rulls a youth leadership programme in which groups of young people are supported to organise and deliver one large community event per group. Four events were organised. In addition to the 35 youth steering group members who organised these events. we also had a f urther103 young people volunteer on the day of the events. Warren Cup Young people organised a football tournament on our spurts pitch and, alongside this, delivered peer education workshops to14 participating teams f rom our cinetlla tellt. which included screening awareness f ilms made by young people. Regents Roots Festival Together with Old Diorama Arts Centre. we supported residents to organise the annual Regent's Park Estate summer festival. Over 1200 residents joined us for a packed programme of arts, dance, inflatable activities, and musical performances. As part of the festlV31, residents were also supported to run art and craft, henna 3nd face painting stalls, and young people volunteered alongside adult residents to steward the event. Fitzrovia Youth in Action Annual Report and Accounts 2023-24 16 Fitzrovia Street Party and Community Dinner Every year young people organise a street tjarty for residents who live around the Warren Sports Pitch, and wider community. They set up dining tables in the road for guests to enjoy a community dinner while watching youth performances on stage throughout. Over 400 residents took part. Young people delivered all aspects of the event from performing and hosting on stage. to serving food and managing a wide range of activity statlDns. Christmas Community Dinner Young people served full roast Christmas meals to over 200 guests, including many local elderly residents and local families who enjoyed watching our young people perform on stage and play community bingo. In total 35 young people participated (53 % young women, 44./0 young men, 3 % non-binary) as steering group members, aged12-18, with 17 being the most popular age. "l always watched my sister and listened to how she spoke about her experiences at FYA and I realised I wanted to Feel that too. l am happy I joined and have done a number OF projects now. There is something special about FYA and how we 9et to meet people, have Fun but also do things that fflake a diFFerence." .1 am quite proud to be a steward at FYA events- bringing people together and having positive experiences when thing5 can Feel quite tough. My mum had been part OF FYA and started street party years ago so it Feels quite cool For her to see me volunteering at il years later." Fitzrovia Youth in Action Annual Report and Accounts 2023-24 17 Regent's Park Community Champions The Community Chatnpions progratlltlle is a hyper-local, participant-led engagetnent programme through which young people from the Regent's Park Estate work alongside adult residents to address critical issues throu￿ social action and co-produced system change, in collaboration with a strong local network of community organisations, local authorities, and businesses. Our Community Champions carry out local consultations, devise their own programmes to lead change, create strong Ioc31 networks, co-produce improved services, 3nd deliver activities which improve the environment, increase cohesion, and bring the community together. Below are some of the highlighted Champions, projects. Young Guardians In partnership with Camden Detached Project. we supported a group of 'Young Guardians, to run a local campaign aimed at improving community safety. The group were trained in contextual safeguarding, Street DDCtors' first aid and public speaking. They created a training package, including two films, on how to be an active bystander when witnessing conflict, and to date have trained over 90 professionals 3nd community metllbers. Fitzrovia Youth in Action Annual Report and Accounts 2023-24 18 _ The Young Urban designers project was a partnership with Camden Council Planning team, Sustrans and FYA. Young people undertook their own walk about of the estate observing issues and challenges, and visited examples of urban planning in other areas. They then designed pop-up activities to engage their peers in planning consultations through fun and participatory ways. Over 62 young people provided feedback and ideas! Young people presented their findings to decision-makers and urban planners and their work has been included in the Healthy and Safe Streets report for the Regent’s Park estate. 19 SYSTEM CHANGE Young people's voices are often not heard, they are rarely consulted, and seldom involved in the shaping and delivering of services. At FYA, we support young people to draw on their expertise and lived experience to communicate their views and ideas about how improvements can be made. Youth Action Teams Young people are supported to organise peer to peer activities. consultations, campaigns, and events to ensure their voices and ideas are heard. Key to the programme is the engagement of Se￿iCe providers and strategists who are committed to work with young people in f inding youth-led solutions to improve the quality and access of services. We have already described in previous pages how our Young Guardians trained over 90 professionals to help them become active bystanders when witnessing conflict, or how our Young Urban Designers fed back the views of over 60 other young people into a local authority planning programme. Two other YAT programmes are highlighted below. CAMHS to Community In partnership between Tavistock and Portman NHS Foundation Trust CAMHS (Child and Adolescent Mental Health Services), young people who had just exited CAMHS services explored how CAMHS might be enriched by offering peer support alongside clinical support, and what such a service should look like. The group ran peer support sessions and created a short f ilm about their experiences. which they presented along with their recommendatlons to the clinicians and management at the Tavistock and Portman NHS Trust. We continue to work with the Tavistock and Portman NHS Trust to help young people co-design what an integrated CAMHS/peer support fflodel could look like. Improving accessibility We supported young people from Elfrid3 Rathbone who w311ted to address 3ccessibility in health services for young people with learning disabilities. The group planned a ' mystery shop programtne, visiting seven health services ranging f rom pharmacies to GPS and sexual health clinics. Ouring the visits, young people met with staff to find out tnore about the services on offer and talk about their needs and issues. At the end of the programme, young people presented their f indings and recommendations to health service managers and Camden Council staff. Feedback f rom the group has been shared with local health teams and will be used to help inform service improvements. 70 young people were engaged in leading the Youth Action Team cohorts over 2023-24. They were aged 9-24, with 17 being the most popular age, 5 70h were young women and 43 1 were young men. Fitzrovia Youth in Action Annual Report and Accounts 2023-24 20 ## Young Ambassadors Our Ambassadors are ‘alumni’ young people who have completed at least two youth action projects with FYA. They are trained and supported to represent the voices of service users and help the organisation to plan and make decisions. Ambassadors participated in Trustee meetings and Ambassador representatives also attend Board subcommittee meetings with Trustees. Our Ambassadors helped recruit young people into FYA and joined the first sessions of new youth action cohorts to share their own experiences to inspire and motivate new members. They also represented FYA at a number of external events. Our Ambassadors formed youth interview panels as part of two staff recruitment rounds and supported the organisation to adapt the interview process to ensure youth decision plays a key role in recruitment. They also worked with our web designer to ensure our new website appeals to young people. _We worked with 11 young Ambassadors aged 13-24, and 17 was the most popular age. 65% of attendees were young men, 35% were young women.We worked with 11 young Ambassadors aged 13-24, and 17 was the most popular age. 65% of attendees were young men, 35% were young women._ 21 ## SHARING THE LEARNING While our direct delivery with young people is focussed on partnership work within the London Borough of Camden and City of Westminster, we share our learning with professionals from inside and outside these areas. ## Masterclasses We deliver a four-part Masterclass series on topics young people have highlighted as key factors that encouraged their continuous engagement with us. The masterclasses are aimed at professionals who work with young people and young adults in any capacity. All the Masterclasses have been co-produced with young people that access our services. They are a great way to gain knowledge on what the young people find effective, as well as find out about the engagement and participation methods and tools which we have co-produced with young people over the years. The masterclasses we offer are: - Facilitation Foundations - Youth At The Heart From The Start - From Participation to Facilitation - Building the Boundaries _We delivered 14 masterclasses in 2023-24, which were attended 149 professionals from 88 organisations_ 22 THE DIFFERENCE THAT OUR YOUTH ACTION PROGRAMMES HAVE MADE Number of people participating in FYA'S youth action activities 721 young people were involved in planning and delivering youth action programmes in 2023-24. Our youth social action programmes typically last for around12 weeks. Over l 000 young people took part in peer education workshops delivered by our young volunteers. Over 2000 people frotll the wider community attended cotntnunity events organised by our young people. Towards the end of their youth action projects, participants take part in workshops where they identify the skills Ihat they gained during the programme and learn how to articu13te these in CVS, interviews and applications. Our evaluation, based on validated tools. showed that that our young volunteers reported a significant increase in their well-being, life skills and their sense of community belonging. Our validated monitoring and evaluation tools show that that participants in our social action programmes have achieved the following outcomes: Increased Resilience and Wellbeing - young people report increased conf idence, positive relationships with peers and higher self-esteem. Greater Sense of Belonging - young people feel mole connected to their community., Increased Skills and Experience young people can articulate and use their skills to move on into further education. training. or employment. Fitzrovia Youth in Action Annual Report and Accounts 2023-24 23 Development of skills 376 youth action participants (52,10 of totall completed baseline 3nd exit surveys based on the v31idated Life Effectiveness Questionnaire ILEQ). The findings indicate that FYA programmes have a signif icant positive impact on young people's life skills. Findings f rom both the quantitative and qualitative data show improvements in social confidence. task leadership and intellectual f lexibility all attributes which are key etnployability skills. Young people could identify other specific skills they had developed within projects such as listening skills, event management, stewarding or risk assessment skills. In total,1683 AQA awards were gained through taking part, with 666 youth action participants {9201ol gaining at least one award. 666 participants gained 1683 AQA awards between them "I grew up in an educational system wherewe were laughed at by other kids. We were hidden, that is how some OF us Felt. So when I came here to do this programme. l Felt people were actually listening to me and understood because I was with other people like me... We were talking about our special needs and our experiences. It was quite nice to know I was not alone. We all Felt we belonged here.when some OF us Felt like they had not belonged anywhere... We learned how to help people with mental health probleffls.The project gave us a selF-esteem boost that we never had. We got qualifications whilst doing the peer education programme. which is great for people like me or people in general who struggle in mainstream education and who just wanted someone lo help them. someone they can relate to." 'Voufvg ¢rOoliDq a belter FITZROVI 'thTrnkn' 7rri?iTIRovIrfYouTH IN ACTION . "Young people creating a better community "Young people creating a better community" Fitzrovia Youth in Action Annual Report and Accounts 2023-24 24 Community impact A sense of community belonging is at the heart of FYA'S work. LEQ scores of young people involved in youth social action showed a signif icant increase in their sense of belonging. Many of the young people def ined their cotntnunity by their f riends, peers, school and their work with FYA. For tnany of the young people that were involved in youth leadership projects, FYA had become their community. Participants told us that they felt connected to the staff, other young volunteers and guests who attended local cofflfflunity events. 198 out of the 2150 guests who attended our community events completed evaluation forms. 63,10 described the event as ' brilliant, {31'10 as good'l and 791 stated they had met people at the event they did not know before. 47.10 of guests stated that their sense of community belonging had increased as a result of taking part. 960 out of the 1034 young people who attended mental health awareness workshops delivered by our youth action volunteers completed baseline and exit survey forms. 75010 of participants demonstrated an increase in knowledge after taking part and 70010 agreed that the workshop helped them feel more confident in making the right decisions about the covered topics in the future. We also asked young people where they would turn to for advice and support. As the graph below shows, a ' f riend, or peer, was the most populai answer by far. Young people are far more likely to turn to their peers for information, advice or support, than approach a professional or adult for help. This provides an important rationale for our work- building the capacity of young people to support each other. "l am quite proud to be a steward at FYA events- bringing people together and having positive experiences when things can Feel quite tough. My mum had been part OF FYA and started street party years ago so it Feels quite cool For her to see me volunteering at it years later,: "I love being part OF FYA. I have volunteered at a Few events but never thought I would be one OF the managersl I have additional needs but FYA have shown me I can do so ffluch more than I thought I can. My Favourite part is customer service, serving the Food. I love supporting others. My group was quite quiet but we Found our ways to share our ideas and fflade a really great event happen. l am now an Ambassador as well,which is helping ffle to get more skills and l Feel more part of this community than where I live." Fitzrovia Youth in Action Annual Report and Accounts 2023-24 25 Graphs 3-4: Skills development and community engagement Participation in our youth social action programmes appeals to have had a positive impact on young people's skills development and how engaged in the comtllunity they feel. The second graph below show that the level of change for partlCiP3nts can be described as ' tnoder3te' to ' strong. Participants in our youth social action programmes showing positive change Positive change (LEQ) for Steering Group Members 68,10 67,1, 66,1, 65,1, 64,1, 63010 62010 60,10 59,10 Community Engagement Social CompetellGe Intelleclual Flexibility Task Leedership Self Confidence Factor of Effect Sizes .70 .60 .50 .40 .30 .20 -10 .00 Comtnunity Engagement Social Competence Intellectual Flexibility Task Leedership Self Confidence Effect Size 0.2 0.3 D.4 0.5 I￿terpretatIO Srnall Sfflall-ffloderaie Moderate Strong Very stron Fitzrovia Youth in Action Annual Report and Accounts 2023-24 26 Graph 5: Where would you go for advice and support? Young people are far more likely to approach a peer for information or advice than seek support from anyone else. 'Where would you go for advice and support?, 70,1, 60,1, 40010 20,10 10,10 Olhei ATeachcr APholle ARBIall￿ Aserbye AParenl A Yfjulh Adthr Theinternel Alriendl Wllrker peBr Mental health and wellbeing 376 participants (52010 of total) completed the Short Warwick-Edinburgh Mental Health Wellbeing Scale ISWEMHWBS) surveys. Analysis of baseline and exit surveys demonstrates that significant increases were achieved in all the seven factors measured. as the graphs on these pages show. Overall, 75.10 of participants showed an improvement in their mental health 2nd wellbeing. According to the SWEMWBS, 69,10 of young people improved their wellbeing score by tllore than I point which, according to the scale, reflects the change was likely to be important to them. The evaluation data also shows participation in youth social action decreased ' low levels,, and increased ' high levels,. of mental health. Results also show that. prior to the programme. participants. average wellbeing score was1.5 points below the national average. The post-programme mean score was 2.3 points above the national average. "I do Feel like my conFidence improved. I have really bad social anxiety and don't Feel comFortable talking to people I don't know or putting my hands up to speak even in school. but this group has helped me Feel a little more confident.. "I really enjoyed getting together in a team and organising workshops For everyone else - it let me learn new things that I didn't really know about before and improve the conFidence in myselF that I can do this, but it also let me appreciate other people's strengths too." Fitzrovia Youth in Action Annual Report and Accounts 2023-24 27 Graph 6: Wellbeing before and after At the start, 34,10 of young people across our youth action programmes experienced 'low' levels of mental health, according to the SWEMHWBS scale. By the end of the programmes, this had reduced to 7,1,. Those experiencing'high, levels of mental health rose from 8,/0 to 24'10.At the st3rt, 34 % of young people across our youth action programmes experienced ' low, levels of mental health, according to the SWEMHWBS scale. By the end of the programmes, this had reduced to 7010. Those experiencing ' hi￿, levels of mental health rose from 8010 to 24010. % Wellbeing before and afterr 100,1, 8% 90,1, 24% 80010 70010 50,10 40,10 69% 30,1, 20.1, 34% 10,1, Before After % Low Well￿1ng % Medium Wellbeing % Hith Wellbeillg Graph 7: Wellbeing compared to national average Participants, average wellbeing score at the start of the prog12mme was below the national average for16-24 year-olds. At the end of the programme, their average score was above the national average (the national average SWEMWBS score for16-24-year-olds being 23.42). hllps:/lwww.ncbi.nlffl.nih.gov/pmc/articleslPMC53763871). Mean Transformed SWEMWBS Score 27.0 26.0 25.7 25.0 24.0 23.0 23.4 national average 21.9 22.0 21.0 20.0 Before After Fitzrovia Youth in Action Annual Report and Accounts 2023-24 28 OUR COMMUNITY PARTNERS Fitzrovia Youth in Actlon delivers a large proportion of its youth social action programmes at partner agencies across Camden and Westminster. We would like to thank and acknowledge the following organisations for their support and partnership over the past year: NHS LD DIORAMA RTS C ElffltE Camden Westminster rysw•yCdl•p The Tavistock and Portman NHS Foundation Trust IVJ Westminsler Academy origin HOU%NG YM+K Organisation Lasainte Union Marla F￿ellS THE FELIX PROJECT Cot1￿1￿ SCI￿￿ FCJ rida YOUTH CLUB n Riverside THIRD AGE PROJECT . THE CAMDEN SCHOOL FOR GIRLS NHS Central and North West London ey -fnklud¢r EÈ Haverstock School Swiss Cotta Yc HORIZON YOUTH CENTRE Cha rity NETLEY LaSWAP SoinersTovvn AnDREW5 COOPERAnQ Fitzrovia Youth in Action Annual Report and Accounts 2023-24 29 "This peer support group was a great example OF coproduction because not only did the young people co-design and co-deliver the peer support group but they Filmed the process and compiled a list OF recofflfflendations For other CAMHS services across the country. Mental health support services are under unprecedented demand and peer support is a very eFFective way to provide extra support to young people transitioning From children to adult services." Rachel Jaffles. Clinical Services Director at Tavistock and Portman NHS Foundation Trust "l am so impressed by the work OF Young Guardians and Community Champions and excited by what they might do next. This partnership between FYA, the residents as champions and us From the Youth Service has been inspiring and a testament to all involved. but also illustrates how important partnership work is in order to serve residents best. The projects have not only highlighted issues we can work on, but highlighted how much incredible work is being done by so many organisations and services already too." Eu9ene GriFFin. Head OF Camden Youth Service Fitzrovia Youth in Action Annual Report and Accounts 2023-24 30 "Working in partnership with Fitzrovia Youth in Action has seen our project exceed previous successes. both in the numbers OF young people we have been able to engage.and the quality OF provision we have been able to deliver. With 17 young people engaged in the peer education project that we invited them to Facilitate,we're now keen to explore how we can continue to work in partnership with FYA in the Future as their passion and commitment For developing young people clearly shines through." Andy Forse. Project Co-ordinator: Youn9 People for Inclusion (EIFrida Rathbourne) TJ "Our partnership with Fitzrovia Youth in Action has been nothing short OF amazing! The tiffle and eFFort From all the staFF at FYA has reFlected in the outstanding work that the students have produced. Students who have started at FYA have lacked conFidence, ambition and enthusiasffl, however, aFter they return with a new outlook on their Future. The growth in their personal skills and personality is remarkable and it makes my role so worthwhile. I look Forward to continuing our partnership with Fitzrovia Youth in Action to provide opportunities to as many students as possible." Olivia Rogers. Westminster Kingsway College Fitzrovia Youth in Action Annual Report and Accounts 2023-24 31 OUR FUNDERS 2023-24 Derwent London Garf ield Foundation GMS Estates Limited Greater London Authority Jack Petchey Foundation Land Aid UK Lendlease Euston Development London Borough of Camden london Youth Metropolitan Police The Childhood Trust The City Bridge Trust The Drapers Company The Hedley Foundation The Henry Smith Charity The London Community Foundation The Port31 Trust The Rayne Foundation Young Camden Foundation Young Westminster Foundation Fitzrovia Youth in Action Annual Report and Accounts 2023-24 32 OUR STAFF TEAM 2023-24 Chief Executive Andre Schott Social Prescribing Officer Jesse Antwi Head of Programmes David Wong Film Maker & Media Engagement Officer Jordan Bennett Peer Education & Media Manager Shipon Hussain Youth Leadership Coordinator Fathiya Saleh (started May 2023) Peer Mentoring Manager Abbie Mitchell Youth Social Action Officer (Intern) Farzana Ahmed Peer Mentoring Coordinator Atif3 Juhi Football Staff Antony Blair IHe3d Coach) Sean Burke (Football Coach) Jason Renee (Football Coach) George Bale (started Sept 2023) Youth Leadership Coordinator Aleff3 Islam Fundraising Manager Celia Hammond Pitch Staff and Sessional Staff Hana Ali Nelson De Sousa C31d3s (from September 20231 Yahya Islam Ifrom September 2023) Amina Khanom (until August 2023) Abby Lowne Ifrom February 20241 Osman Mahgoub (from September 2023) Arshan Mahi Suraya Miah C311um Ryan (until December 2023} Fatlla Ture {until August 20231 Amir Tubekan {from November 2023) Community Partnerships Manager Raja Miah Finance Off icer Jacob Okere Office Manager Samira Hussain Peer Mentoring Development Coordinator Delicha Changa Fitzrovia Youth in Action Annual Report and Accounts 2023-24 33 OUR BOARD OF TRUSTEES 2023-24 Chairperson Natalie Speranza Iresigned as Chair March 2024] Javier Sajuria (appointed March 2024) Treasurer Emilie Vanpoperinghe (resigned as Treasurer August 2023) Idriz Ade (appointed August 20231 Trustees Afrin Alam Jane Boddington Patricia Marron Halima Nessa (resigned November 2024) Daniel Pitt Lorna Ponambalum Dr Mark Seaborne Rosemary Swainston Alice Weavers Brian Willmore Natalie Speranza President Dr June Crown CBE Fitzrovia Youth in Action Annual Report and Accounts 2023-24 34 The trustees, who are directors for the purposes of company law, present their strategic report for the year ended 31 March 2024, in compliance with s414C of the Companies Act 2006. ## Financial review 35 Policy on reserves FYA is currently dependent on grant funding to sustain its activities. because earned income through its trading subsidiary alone would not allow it to continue opeiating. The FY A board has agreed to keep a certain level of unrestricted financial reserves aside and outside of the f inancial planning process for two primary purposes: l. To avoid closure and ensure that main operatlons can continue in the short term if: Grant income becomes short., or Unexpected costs arise. The main concern of the Board in this scenario is that staff can continue working, pritnarily to secure new funding. 2. To ensure that all costs could be fflet during a wind up in the case where a funding shortfall persists to the point where FYA ceases to be a going concern. The main concerns of the Board in this scenario are.. Staff continue to be paid during their notice period: All f inancial commitments are met. and The young people engaged with FYA are supported to move on to other setvices. Restricted funding for progratntnes is usually secured 6 to 12 months in advance. Unrestricted funding for support and overhead costs is more diff icult to obtaill and is less predictable and as such. FYA is at most risk of running short of unrestricted funds for overheads. Not all unrestricted funding is considered as reserves,. unrestricted funding that is not held in reserve, and not needed to fund programmes. is allocated to funding overheads in the FYA budgets and forecasts. The reserves set aside are reviewed each year by the FYA Board and increased or decreased according to expected level of staffing and activities in the year to cotne and also with respect to available unrestricted tunds that are available. The FYA Board would look to build up reserves if the organisation were in a period of growth. The current level of reserves available are held as follows- 9 months of annual total costs to cover for continuing operations in the case that general funding falls short of requiretnents or for large and unexpected costs. as well as the costs in the event of winding up, in order to cover core staff costs, statutory redundancies, rent contracts and other running costs and contracts. As at 31 st March 2024. the Trustees are of the view that the charity and group are a going concern. Fitzrovia Youth in Action Annual Report and Accounts 2023-24 36 Principal risks and uncertainties Risk management The Trustees and management teatll of the charity believe that sound risk tllanagement is integral to both good management and good governallce practice. Risk management should form an integral part of the charity's decision-making and be incorporated within strategic and operational planning. Risk assessments will be conducted on 311 new activities 3nd projects to ensure they are in line with the charity, s objectives and mission. Any risks or opportunities arising will be identified. analysed and reported at an appropriate level. A risk register covering key strategic risks will be maintained and updated at least twice a year and more frequently where risks are known to be volatile. The strategic report was approved by the trustees of the charity on 28 January 2025 and signed on its behalf by.. Javier Sajuria Chairperson and trustee Fitzrovia Youth in Action Annual Report and Accounts 2023-24 37 Trustees, Report The trustees, who are directors for the purposes of company law, present the annual report together with the financial st3tementS and auditors, report of the charitable company for the year ended 31 March 2024. Objectives and activities Objects and aims The advancement of education of children and young people by developing individual capabilities, competences, skills and understanding to lead and inspire social action in their communities. We will do this especially, but not exclusively, in and around the London Borough of Camden through: l. The provision of training in life skills, mental health awarenes and healthy exercise. 2. The provision of Social action programmes. sports activities. creative art activities and other recreational and educational activities: as well as through.. 3. Sharing our knowledge alld expertise with organisations both locally and nationally to en3ble them to develop the skills and competencies required to deliver similar projects. so as to fulf il their potential with the confidence and skill to creative positive change for themselves, with their peers and within their communities. for the public benefit. Overall, FYA acts as a ' social brokerage, bringing together the talent and Bnthusiasm of young people and the resources and opportunities that the local economy and community can offer. Young people are 3n asset that FYA seeks to develop, SD that they can contribute to the development of other young people and the wider coffltnunity. FYA aims to empower young people to fflake changes for themselves, their peers and their community. The outcomes that we strive for are- increased resilience and wellbeing amongst young people. young people are able to articu13te and use their skills to move into further education, training or employment. an increased sense of cotnmunity belonging amongst young people and loclal residents who engage with FYA. Fitzrovia Youth in Action Annual Report and Accounts 2023-24 38 Public benelit Amongst other activities, the charity runs a youth leaderhsip prografflffle in which groups of young people are supported to organise and deliver one large community event per group. The events include the Warren Cup football tournament, the Fitzrovia Street Party. a festival in the Regents Park Estate and a Christmas Community Dinner. These events coupled with the development of young people from various communities provide a strong foundation for the benefit of the community and the public at large. The trustees confirm that they have cotnplied with the requirements of section17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. Use of volunteers The charity utilises volunteers in various aspects of it's activities, the total hours spent by the numerous volunteers is not tracked due to the volume and nature of activities. whereby youths are developed and trained by their own volution and to mantain details to time spent and equivalent monetary value would be 3rduous. Fitzrovia Youth in Action Annual Report and Accounts 2023-24 39 Structure, governance and management Nature of governing document Fitzrovia Youth in Action is a company limited by guarantee goveined by its Memorandum and Articles of Association dated 2 June 2009. It is registered as a charity with the Charity Commission. Induction and training of trustees The Board of Trustees recruits for additional members as and when it identifies that extra resource with specific experience or skill set is needed to maintain the Board's effectiveness. Prospective Trustees are invited for interview and observe at least one Board meeting before appointment. Upon appointment. Tiustees are provided with an induction pack and latest Board papers containing the relevant information to familiarise themselves with their responsibility as trustees, the work of the charity, operating procedures, the business plan and financial performance. Trustees are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role. Organisational structure The Board meets every two months and Board Sub-committees, including Fundraising and Finance Subcommittees, meet between Board meetings. Sub-comtnittees do not have delegated authority for decision making, but instead report to the Board with recommendations. A Chief Executive is appointed by the Trustees to manage the day-to-day operations of the charity. The charity's wholly owned subsidiary. Fitzrovia Youth in Action Activities Ltd was established to operate the Warren Pitch. Fitzrovia Youth in Action Activities Ltd has a licence f rom the chaiity to operate the facility and gift aids all its profits to the charity. Major risks and management of those risks Risk management The Trustees and management team of the charity believe that sound risk management is integral to both good management and good governance practice. Risk managetnent should form an integral part of the charity's decision-making and be incorporated within strategic and operational planning. Fitzrovia Youth in Action Annual Report and Accounts 2023-24 40 Risk assessments will be conducted on all new activities and projects to ensure they are in line with the charity, s objectives 3nd mission. Any risks or opportunities arising will be identif led. analysed and reported at an appropriate level, A risk register covering key strategic risks will be maintained and updated at least twice a year and more frequently where risks are known to be volatile. Statement ol trustees. responsibilities The trustees (who are also the directors of Fitzrovia Youth in Action for the purposes of company law) are responsible for preparing the trustees, report and the finallcial statements ill accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). including FRS102 "The Financial RepDrtinE Standard applicable in the UK and Republic of Ireland" Company law requires the trustees to prepare fin311Ci31 statements for each fin3ncial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the parent charitable company and the group and of the incoming resources and application of resources, including its income and expenditure, of the charitable group for that period. In preparing these financial statements. the trustees are required to.. select suitable accounting policies and apply them consistently: observe the methods and principles in the Charities SORP: make judgements and estimates that are re3son3ble 3nd prudent., state whether applicable accounting standards, comprising FRS102 have been followed, subject to any material departures disclosed and explained in the f inancial statements. and prepare the f inancial statements on the going concerll basis unless it is inappropriate to presume that the parent charitable company will continue in business. The trustees are responsible for keeping propel accounting recoids that can disclose with reasDnable accuracy at any time the f inancial position of the parent charitable company and the group and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the parent charitable cotnpany 3nd the group and hence for taking reasonable steps for the prevention and detection ot fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and f inancial information included on the charitable company, s website. Legislation governing the preparation and dissemination of financial statements may differ f rom legislation in other jurisdictions. Fitzrovia Youth in Action Annual Report and Accounts 2023-24 41 Responsibilities of trustees As explained more fully in the Statement of trustees. responsibilities (set out on page 81, the trustees are responsible for the preparation of the f inancial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the f in3nci31 statements, the trustees are responsible for assessing the charity, s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity Dr to cease operations. or have no realistic alternative but to do so. Disclosure ol information to auditor Each trustee has taken steps that they ought to have taken as a trustee in order to make themselves aware of any relevant audit infortnation and to establish that the charity's auditor is aware of that information. The trustees Conf irm that there is no relevant information that they know of and of which they know the auditor is unaware. The annual report was approved by the trustees of the charity on 28 January 2025 and signed on its behalf by: Javier Sa uria Chairpersoll and trustee Fitzrovia Youth in Action Annual Report and Accounts 2023-24 42 Independent Auditor's Report to the Members of Fitzrovia Youth in Action Opinion We have audited the f inancial statements of Fitzrovia Youth in Action [the ' charitable parent company, l and its subsidiaries {the 'group') for the year ended 31 March 2024. which comprise the Consolidated Statement of Financial Activities, Consolidated Balance Sheet. Balance Sheet. Consolidated Statement of Cash Flows, Statement of Cash Flows and Notes to the Financial Statements, including a summary of significant accounting policies. The fin2nci21 reporting f ramework that has been applied in their preparation is United Kingdom Accounting Standards, comprising Charities SORP - FRS102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and applicable law (United Kingdom Generally Accepted Accounting Practicel. In our opinion the f inancial statements- give a true and fair view of the state of the group, s and parent charity's affairs as at 31 March 2024 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice., and have been prepared in accordance with the requirements of the Companies Act 2006. Basis lor opinion We conducted our audit in accordance with Internation21 Standards on Auditing (UK) IISAS (UKI) and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the group in accordance with the ethical requirements that are relevant to our audit of the f inancial statements in the UK. including the FRC'S Ethical Standard. and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is suff icient and appropriate to provide a basis for our opinion. Fitzrovia Youth in Action Annual Report and Accounts 2023-24 43 Conclusions relating to going concern In auditing the f inancial statements, we have concluded that the trustees use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, tnay cast signif icant doubt on the group s ability to continue as a going concern for a period of at least twelve months f rom when the original financial statements were authDrised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. Other information The trustees are responsible for the other infortnation, The other information comprises the information included in the annual report, other than the fillallcial statements and our auditor's report thereon. Our opinion on the f inancial statements does not cover the other inf ormation and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is tnaterially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be tnaterially misstated. If we identify such material inconsistencies or apparent tnaterial misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If. based on the work we have performed, we conclude that there is a material misstatement of this other information. we are required to report that fact. The period ended 31 March 2024 is the first year the charitable company and group has been audited and as such the cotnparative year figures are unaudited. Opinion Dn other matter prescribed by the Companies Act 2006 In our opinion. based on the work undertaken in the course of the audit- the information given in the Strategic Report and Trustees, Report for the financial year for which the financial statements are prepared is consistent with the financial statements., and the Strategic Report and Trustees, Report have been prepared in accordance with applicable legal requiretnents. Fitzrovia Youth in Action Annual Report and Accounts 2023-24 44 ## **Responsibilities of trustees** As explained more fully in the Statement of trustees' responsibilities (set out on page 40), the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.v 45 Our audit procedures were designed to respond to the risk, recognisillg that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error. as fraud may involve deliberate concealment by, f or example, forgery or intentional misrepresentations, or through collusion. We focused on laws and regulations that could give rise to 3 materi31 misstatement in the f inancial statements, including, but not limited to, financial reporting legislation, the Charities Act 2011, the Companies Act 2006, distributable profits legislation and UK pensions and tax legislation. We assessed the exlent of cofflpliance with these laws and regulations as part of our procedures on the related financial statement items. Our tests included agreeing the financial statement disclosures to underlying SUPPDrting documentation and enquiries with management regarding Correspondence with regulators and tax authorities. There are inherent limitations in the audit piocedures described above and, the further removed non-compliance with laws and regulations is f rom the events and transactions reflected in the financial statements, the less likely we would become aware of it and therefore we have comtnunicated relevant identified laws and regulations and potential fraud risks to all engagement team members and remained alert to any indication of fraud or lloll-compliance with laws and regulations throughout the audit. We evaluated management's incentives and OPPDrtunities for fraudulent manipulation of the f inancial statements lincluding the risk of override of controls), and determined that the principal risks were related to management bias in accounting estimates. We addressed the risk of management override of internal controls through testing journals. We evaluated whether there was evidence of bias by the directors in accounting estimates that represented a risk of tnaterial isstatement due to f raud. We challenged assumptions and judgements made by management in any significant accounting estimates. Use of our report This report is made solely to the charitable parent company, s trustees, as a body, in accordance with Chapter 3 of Part16 of the Companies Act 2006. Our audit work has been undertaken su that we might state to the group s trustees those tnatters we are required to state to thetn in an auditor's report and for no other purpose. To the fullest extent permitted by law. we do not accept or assume responsibility to anyone other than the charitable parent company and its trustees as a body, for our audit work. for this report, or for the opinions we have formed. S Rajan CTA FCCA ACA (Senior Statutory Auditor] For and on behalf of Stnartax Limited, Statutory Auditor 38 Station Road North Harrow Harrow HA2 7SE 28 January 2025 Fitzrovia Youth in Action Annual Report and Accounts 2023-24 46 The notes on pages '51 - 71' form an integral part of these financial statements. 47 Javier Sajuria The notes on pages '51 - 71' form an integral part of these financial statements. 48 Javier Sajuria The notes on pages '51 - 71' form an integral part of these financial statements. 49 The notes on pages '51 - 71' form an integral part of these financial statements. 50 The notes on pages '51 - 71' form an integral part of these financial statements. 51 ## NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024 52 No statement of financial activities is presented for the charity as permitted by section 408 of the Companies Act 2006. The charity made a surplus after tax for the financial year of £95,470 (2023 - loss of £18,867). A subsidiary is an entity controlled by the charity. Control is achieved where the charity has the power to govern the financial and operating policies of an entity so as to obtain benefits froffl its activities. The results of subsidiaries acquired or disposed of during the year are included in the statement Df f inancial activities f rom the effective date of acquisition or up to the effective date of disposal, as appropriate. Where necessary, adjustments are made to the financial statements of subsidiaiies to bring their accounting policies into line with those used by the group. The purchase method of accounting is used to account for business combinations that result in the acquisition of subsidiaries by the group. The cost of a business cofflbination is measured as the fair value of the assets given. equity instruments issued and liabilities incurred or assumed at the date of exchange, plus costs directly attributable to the business combination. Identif iable assets acquired and liabilities and contingent liabilities assumed in a business combination are measured initially at their fair values at the acquisition date. Any excess of the cost of the business combination over the acquirer's interest in the net fair value of the identifiable assets, liabilities and contingent liabilities recognised is recorded as goodwill. Inter-company transactions, balances and unrealised gains on transactions between the charity and its subsidiaries, which are related parties, are eliminated in full. Intra-group losses are also eliminated but may indicate an impairment that requires reCO￿lt10n in the consolidated financial statements. Accounting policies of subsidiaries have been changed where necessary to ensure consistency with the policies adopted by the group. Non-controlling interests in the net assets of consolidated subsidiaries are identified separately from the group's equity therein. Non-controlling interests consist of the amount of those interests at the date of the original business combination and the non-controlling shareholder's share of changes in equity since the date of the combination. Total comprehensive income is attributed to non-controlling interests even if this results in the non-controlling interests having a deficit balance. Going concern The f inancial statements have been prepared on a going concern basis. The trustees assess whether the use of going concern is appropriate i.e. whether there are any material ullcertainties related to events or conditions that may cast signif icant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year f rom the date of approval of the financial statements. Income and endowments All incotne is recognised once the charity has entitlement to the incotne, it is probable that the incotne will be received and the amount of the income receivable can be measured reliably. Fitzrovia Youth in Action Annual Report and Accounts 2023-24 53 Donations and legacies Donations are recognised when the charity has been notif led in writing of both the amDunt and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred 2nd not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the ch3rity 3nd it is probable that these conditions will be fulfilled in the reporting period. Legacy gifts are recognised on a case by case basis following the grant of probate when the administratorlexecutor for the estate has communicated in writing both the amount and settlement date. In the event that the gift is in the form of an asset other than cash or a f inancial asset traded on a recognised stock exchange. recognition is subject to the value of the gift being reliably measurable with a degree of reasonable accuracy and the title to the asset having been transferred to the charity. Grants receivable Income from governmellt and other grants. whether ' capital, grants or ' revenue, grants. is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been fflet. it is probable that the income will be received, and the amount can be measured reliably and is not deferred. Deferred income Deferred income represents amounts received for future periods 3nd is rele3sed to incoming resources in the period for which, it has been received. Such incotne is only deferred when: The donor specifies that the grant or donation must only be used in future accounting periods. or The dDnDr has imposed conditions which must be met before the charity has unconditional entitlement. Donated services and facilities Donated professional services and donated f3cilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of econotnic benefit from the use by the charity of the item is probable and that economic benefit can be ffleasured reliably. Other trading activities All income is recognised once the charity has entitlement to the income. it is probable that the income will be received and the amount of the income receivable can be measured reliably. Investment incoffle Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity. this is normally upon notification of the interest paid or payable by the hank. Fitzrovia Youth in Action Annual Report and Accounts 2023-24 54 Exp8nditure All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attiibuted to particular headings they have been allocated on a basis consistent with the use of resources, with centr31 staff costs allocated on the basis of time spent, and depreciation charges 311ocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. All resources expended are inclusive of irrecoverable VAT. Raising funds These are costs incurred in attracting voluntary income. the management of investments and those incurred in trading activities that raise f unds. Charitable activities Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Grant provisions Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertaillty about either the timing of the grant or the amoullt of grant payable. Support costs Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by flooi areas, or per capita, staff costs by the time spent and other costs by their usage. Governance costs These include the costs attributable to the charity's compliance with constitutional and statutory requirernents, including audit, strategic management and trustees meetings and reimbursed expenses. Irrecoverable VAT Irrecoverable VAT is charged against the category of resources expended for which it was incurred. Taxation The charity is considered to be exempt f rom tax on its charitable activities. Fitzrovia Youth in Action Annual Report and Accounts 2023-24 55 Tangible fixed assets Individual fixed assets are initially recorded at cost. less any subsequent accumulated depreciatlDn and subsequent accumulated impairment losses. Depreciation and anTOrtisation Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows: Asset class Long Life Fixtures Building Improvements Fittings and Electrical Equipment Depreciation method and rate 18.10 reducing balance 10 years straight Line 5 years straight line Impairment of fixed assets A review for impairment of a f ixed asset is carried out if events or changes in circumstances indicate that the carrying value of any fixed asset may not be recoverable. Shortfalls between the carrying value of f ixed assets and their recoverable amounts are recognised as impairments. Impairment losses ale recognised in the Statement of Financial Activities. Business cofflbinations Business combinatiolls are accounted for under the purchase method. Where necessary. adjustments are made to the f inancial statements of subsidiaries to bring the accounting policies used into lille with those used by the group. All intra-group transactions. balances. income and expenses are eliminated on consolidation. In accordance with Section 35 of FRS 102, Section19 of FRS102 has not been applied in these financial statements in respect of business CDrnbinations effected prior to the date of transition. Fixed asset investments Fixed asset investments are a form of fillancial instrument and are initially recognised at their transaction cost (which is equivalent to fair value) and subsequently measured at fair value at each balance sheet date. They are comprised of assets held under an agreement, generating a stream of rental income, with specific capital repayments over their economic lives. The fair value of the investments is reduced over time, reflecting the discounted future income streams, net Df capital repayments, to which the charity is entitled. Any modifications to the terms of agreement are reflected in impairments in the investment. Income f rom fixed assets investtnents is accounted for as receivable over the term of the financial instrument and shown as rental income in the Statement of Financial Activities. Fitzrovia Youth in Action Annual Report and Accounts 2023-24 56 Realised gains and losses on investments are calculated as the difference between sales proceeds and their market value at the start of the year. or their subsequent cost, and are charged or credited to the Statement of Financial Activities in the period of disposal. Unrealised gains and losses represent the tllovetnent in market values during the year and are credited or charged tothe Statement of Financial Activities based on the fair value at the year end. Trade debtors Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary Course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest tnethod, less provision for imp3irment. A provision for the itnpairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all atllounts due according to the original terms of the receivables. Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits. and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Trade creditors Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. Fund structure Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the group. Desigmated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees. Restricted income f unds are those donated for use in a particular area or for specif ic purposes. the use of which is restricted to that area or purpose. Fitzrovia Youth in Action Annual Report and Accounts 2023-24 57 Pensions and other post retirement obligations The group operates a def ined contribution pension scheme which is a pension plan under which f ixed contributions are paid into a pension fund and the group has no legal or constructive obligation to pay further contributions even if the fund does not hold suff icient assets to pay all employees the benef its relating to employee service in the current and prior periods. Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service. the excess is recognised as a prepayment. Financial instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently tneasured at amortised cost using the effective interest method. 3. Income from donations and legacies Unrestricted Funds General Total 2024 T•tsl 2023 19.811 19.811 30.621 G￿er31 donations 19.811 30.627 The income f rom donations includes donations of £14.64212023 £17.142) from GMS Estates Limited and £Nil (2023 £9,605) from Big Give. £11,022 of the prior income was attributable to unrestricted funds and £19,605 to restricted funds. The charity benef its greatly from the involvement and enthusiastic support of its many volunteers, details of which are given in the trustees report. In accordance with FRS102 and the Charities SORP IFRS1021, the economic contribution of general volunteers is not recognised in the accounts. Fitzrovia Youth in Action Annual Report and Accounts 2023-24 58 4. Income from charitable activities Unrestrtcted Fund Generals Re￿rIcted Funds Total 2024 BBC Children in Need 8.211 8,211 Camden Health Watch 2.050 2.050 Childhood Tnjsl 3.587 3,587 City of Westminster Chaiitsble Trust 10,000 10,OOD Clarion Furtures 5.000 5,000 Oprwenl LDndon 7.500 7,500 G3rfield Found3tion 25,000 25.000 Greater London Authority 211,100 211,700 lack Petchey Foundation 22,500 22,500 Landai UK 9,500 9,500 Lendlease Euslon Development 1,000 1.000 London Borough ol Camden 469,296 469,296 London Youth 2.550 2,550 Raised Income 2.878 2.878 Sundry Income 3.452 3,452 The Drapers Company 10.DOO 10.OOD The Henry Stnilh Charrty 55,567 55,567 The London Community Faund3tion 5,000 5,000 The Portal Trust 5,000 5,000 The Rayne Found3tion 10,000 10,000 Metropolitan Police 5,000 5,000 The City Bridge Trust 50,000 50.000 The Hedley Foundation 4,000 4.000 Young Camden Foundation 360 21.678 22.038 Young Westminster Foundation 10,000 10,000 54.925 905.904 960,829 Fitzrovia Youth in Action Annual Report and Accounts 2023-24 59 ||Unrestricted||| |---|---|---|---| ||funds|Restricted|Total| ||general|funds|2024| ||£|£|£| |BBC Children in Need|-|15,054|15,054| |Camden Giving|-|10,938|10,938| |Clarion Furtures|-|36,262|36,262| |Derwent London|-|9,994|9,994| |Gift Aid|-|1,958|1,958| |Greater London Authority|-|181,700|181,700| |Jack Petchey Foundation|-|22,000|22,000| |Landaid UK|-|9,500|9,500| |London Borough of Camden|-|318,520|318,520| |London Youth|-|1,750|1,750| |Mayor's Fund for London|-|2,250|2,250| |Raised Income|-|10,770|10,770| |Sundry Income|-|17,763|17,763| |The Henry Smith Charity|-|55,533|55,533| |The London Community Foundation|-|5,000|5,000| |The National Lottery Community Fund|-|9,531|9,531| |The Portal Trust|-|5,000|5,000| |The Rayne Foundation|-|10,000|10,000| ||-|723,523|723,523| 60 6. Other income Unrestricted Funds General Total 2024 Total 2023 lllcDtne fmm113ding subsidiaty 144.468 144.468 83,948 All of the prior year illcome was attributable to ullrestiicted fullds. 7. Expenditure on raising funds Allotated support costs Staff costs Other costs Total 2024 Costs ol Ir2din£ aclNilies Othercosls olEeneialing funds 78.411 47.985 126.396 42.629 123,607 41.985 126.396 2.567 42,629 171,592 Allocatefl support costs Staff tost$ tlther costs Total 2024 CDStsof IrddingaclwthEs Othercllsts lllEEllEf31inE lunds 68.726 45.412 2.070 535 31,239 5,172 36.411 102,035 114.138 2.605 153.154 £132,839 (2023 - £110.4501 of the above expenditure was attributable to unrestricted funds and £38,75312023 £42,703) to restricted funds. Included in the support costs analysed above. are governance costs of £1.559 [2023 £1,701) which relate directly to raising funds. See note 9 for further details. Fitzrovia Youth in Action Annual Report and Accounts 2023-24 61 8. Expenditure on charitable activities Allocated support costs Staff tost$ tlther costs Total 2024 Eng3gngyoungpcoplE Youth led volunlpering 125.789 309.405 92.638 87.811 83.943 302.370 547,174 849.544 149.952 435.194 180.455 233,895 Allocated support costs Staff costs Other costs Total 2D23 ETrgagngyoungpeople Youth led volunteering Fix&J asset fund 80,523 303.480 41,655 71,772 73,753 121,189 34.448 195,931 496,441 34.448 384.003 113.427 229.390 726.820 £41,210 (2023 £57,369) of the above expenditure was attributable to unrestricted funds and £808,33412023 -£669.451 } to restricted funds. Included in the support costs analysed above, are governance costs of £20,058 (2023 - £10,599) which relate directly to charitable activities. See note 9 for further details. 9. Analysis of governance and support costs Support costs allocated to charitable activities Premises ¢osts including depreciation Goveman¢e costs llformation ts¢hnolDEY Administration tosts Finance costs Staff costs Total 2024 1,559 72 1.866 12.084 7.853 19.195 42.629 Premises costs including depreciation Governance costs Information technology Administration costs Finance costs Staff ¢osts Total 2024 412 114 1.490 11.987 1.546 15.690 31,239 Other costs olgeneraling funds 86 12 49 4.466 183 376 5.172 498 126 1.539 16.453 1.129 16.066 36.411 Support costs allocated to charitable activities Premises costs including depretiation Governance costs lthmation technoloEY Administration costs Finance costs Staff Costs Total 2023 Ellgaging young pc(yle 8.577 184 4.375 42.503 5,104 23.200 83,943 11,481 315 7.518 83.673 7.437 39,528 149,952 20,058 499 11.893 126.176 12.541 62,728 233,895 Fitzrovia Youth in Action Annual Report and Accounts 2023-24 62 Premises costs including deprecialion Governance costs Information technology Administration costs Finance ￿$ts Staff ¢osts Total 2023 Engaging ywng petple 4.938 425 1.751 42.386 8.076 16.177 73,753 5,178 730 83.727 2,674 25,871 121,189 Fixed Asset Fund 5.767 28.681 34.448 10,116 1,155 4,760 126,113 16,517 70,729 229,390 The basis of allocation of support costs in the current and piior year is on the estimated usage of resources between each activity £83,817 [2023 - £74,112] of the above support costs was attributable to unrestricted funds and £192.707 {2023 - £191,689) to restricted funds. Governance costs Totsl 2024 Total 2DTJ 10.000 Leg313nd prole&wonal lees Other goYern3nce costs 9.188 2.900 1,896 6.821 Legal alld prolBssion31 lees Olhei govetnance costs 10,599 21.617 10. Net incomingloutgoing resources Net incominglloutgoing) resources for the year include: 2D24 2023 Operating leases- other assets Alldil lees 14.000 10.000 2.000 35.382 14.000 ot￿r nDTr3udil seTrices Depreciation ol fixed assets 46.744 11. Trustees remuneration and expenses No trustees. nor any persons connected with them. have received any remuneration from the group during the year. No trustees have received any reimbursed expenses or any other benefits from the charity during the year. The key management personnel of the parent charity cotllprise of the Trustees and the Chief Executive Officer. Fitzrovia Youth in Action Annual Report and Accounts 2023-24 63 12. Staff costs The aggregate payroll costs were as follows: 2024 2023 Staff Ihe year we Wages and 53lariEs Social SE(￿rIty ￿StS Pension ￿$tS 630.061 58.322 9.949 571.024 54.654 9,945 635.623 698.338 The monthly average number of persons (including senior management I leadership team) employed by the group during the year expressed as full time equivalents was as follows: 2024 2023 Raising lunds 12 12 Administrative and ￿ppOrtsI3ff 18 18 Contributions to the employee pension schetnes for the ye3r totalled £9,949 [2023 £9,945). The number of employees whose effloluments fell within the following bands was: 2024 2023 £60.001- £7D.(M]O £7D.001- £80.000 The total employee benefits of the key management personnel of the group were £72,69612023 - £68,656]. 13. Taxation The group is a registered charity and is therefore exempt f rom taxation. Fitzrovia Youth in Action Annual Report and Accounts 2023-24 64 ## 14. Tangible fixed assets ||Land and|Furniture and|| |---|---|---|---| |Group|£
buildings|£
equipment|£
Total| |Cost|||| |At 1 April 2023|271,295|113,971|385,266| |At 31 March 2024|271,295|113,971|385,266| |Depreciation|||| |At 1 April 2023|103,132|80,917|184,049| |Charge for the year|28,681|6,701|35,382| |At 31 March 2024|131,813|87,618|219,431| |Net book value|||| |At 31 March 2024|139,482|26,353|165,835| |At 31 March 2023|168,163|33,054|201,217| Included within the net book value of land and buildings above is £Nil (2023 - £Nil) in respect of freehold land and buildings and £139,482 (2023 - £168,163) in respect of leaseholds. ||Land and|Furniture and|| |---|---|---|---| |Charity|£
buildings|£
equipment|£
Total| |Cost|||| |At 1 April 2023|271,295|48,204|319,499| |At 31 March 2024|271,295|48,204|319,499| |Depreciation|||| |At 1 April 2023|103,132|45,923|149,055| |Charge for the year|28,681|577|29,258| |At 31 March 2024|131,813|46,500|178,313| |Net book value|||| |At 31 March 2024|139,482|1,704|141,186| |At 31 March 2023|168,163|33,054|201,217| Included within the net book value of land and buildings above is £Nil (2023 - £Nil) in respect of freehold land and buildings and £139,482 (2023 - £168,163) in respect of leaseholds. 65 ## 15. Fixed asset investments Charity Shares in group undertakings and participating interests **----- Start of picture text -----**
Subsidiary
undertakings Total
£ £
Cost
At 1 April 2023 1 1
At 31 March 2024 1 1
Net book value
At 31 March 2024 1 1
At 31 March 2023 1 1
**----- End of picture text -----**
## Details of undertakings Details of the investments in which the charity holds 20% or more of the nominal value of any class of share capital are as follows: **----- Start of picture text -----**
Country of Proportion of voting Principal
Undertaking incorporation Holding rights and shares held activity
2024 2023
Subsidiary undertakings
Fitzrovia Youth in Action England & Wales Ordinary 100% 100% Operation of
Activities Shares sports facilities
**----- End of picture text -----**
## Subsidiaries The charity holds 1 ordinary share of £1 in its wholly owned trading subsidiary company Fitzrovia Youth in Action Activities Limited which is incorporated in the United Kingdom. These are the only shares allotted, called up and fully paid. **Fitzrovia** Youth in Action **-** Annual Report and Accounts **2023-24** 66 ## 16. Debtors |16. Debtors||||||| |---|---|---|---|---|---|---| |||Group|||Charity|| ||2024||2023|2024||2023| ||£||£|£||£| |Trade debtors|32,793||17,321|24,033||11,186| |Due from group undertakings|-||-|112,362||135,083| |Prepayments and accrued income|5,349||1,147|5,349||4,051| |Other debtors|750||500|250||-| ||38,892||18,968|141,994||150,320| |17. Cash and cash equivalents||||||| |Cash at bank|£
2024
856,207|Group|£
2023
713,130|£
2024
799,545|Charity|£
2023
652,874| ## 17. Cash and cash equivalents ## 18. Creditors: amounts falling due within one year |Trade debtors|£
2024
8,038|Group|£
£
2023
2024
-
8,038|Charity|£
2023
-| |---|---|---|---|---|---| |Due from group undertakings|-||-
-||5,000| |Other taxation and social security|16,686||11,879
16,686||11,879| |Other creditors|21,577||17,811
2,901||36| |Pension scheme creditor|2,316||1,783
2,316||1,783| |Accruals|16,646||8,409
16,646||8,409| |Deferred income|260,200||274,292
258,310||264,171| ||325,463||314,174
304,897||291,278| ## Deferred income ||2024|2023| |---|---|---| ||£|£| |Deferred income at 1 April 2023|274,292|265,737| |Resources deferred in the period|147,410|138,944| |Amounts released from previous periods|(161,502)|(130,389)| |Deferred income at year end|260,200|274,292| ||2024|2023| ||£|£| |Deferred income at 1 April 2023|264,171|265,737| |Resources deferred in the period|145,520|128,823| |Amounts released from previous periods|(151,381)|(130,389)| |Deferred income at year end|258,310|264,171| **Fitzrovia** Youth in Action **-** Annual Report and Accounts **2023-24** 67 ## 19. Obligations under leases and hire purchase contracts ## Operating lease commitments Total future minimum lease payments under non-cancellable operating leases are as follows: |||Group|||Charity|| |---|---|---|---|---|---|---| ||2024||2023|2024||2023| ||£||£|£||£| |Land and buildings||||||| |Within one year|60,667||4,867|60,667||4,867| ## 20. Funds ||||||Balance at| |---|---|---|---|---|---| ||Balance at 1
April 2023|Incoming
resources|Resources
expended|Transfers|31 March
2024| |Unrestricted funds|£|£|£|£|£| |General|385,321|350,867|(174,049)|(40,682)|521,457| |Designated|156,000|-|-|-|156,000| |Total unrestricted funds|541,321|350,867|(174,049)|(40,682)|677,457| |Restricted funds|77,820|786,599|(847,087)|40,682|58,014| |Total funds|619,141|1,137,466|(1,021,136)|-|735,471| ||||||Balance at| ||Balance at 1
April 2023|Incoming
resources|Resources
expended|Transfers|31 March
2024| ||£|£|£|£|£| |Unrestricted funds|||||| |Restricted funds|||||| |Engaging young people|19,220|232,420|(262,581)|10,941|-| |Youth led volunteering|(5,537)|531,621|(555,825)|29,741|-| |Fixed asset fund|64,137|22,558|(28,681)|-|58,014| |Total restricted funds|77,820|786,599|(847,087)|40,682|58,014| **Fitzrovia** Youth in Action **-** Annual Report and Accounts **2023-24** 68 |||||Balance at| |---|---|---|---|---| ||Balance at 1
April 2022|Incoming
resources|Resources
expended|31 March
2023| ||£|£|£|£| |Unrestricted funds||||| |General|414,368|138,772|(167,819)|385,321| |Designated|156,000|-|-|156,000| |Total unrestricted funds|570,368|138,772|(167,819)|541,321| |Restricted funds|85,729|704,246|(712,155)|77,820| |Total funds|656,097|843,018|(879,974)|619,141| |Unrestricted funds|£
£
£
Balance at 1
April 2022
Incoming
resources
Resources
expended
£
Balance at
31 March
2023| |---|---| |Restricted funds|| |Engaging young people|9,703
91,870
(82,353)
19,220| |Youth led volunteering|5,766
589,817
(601,120)
(5,537)| |Fixed asset fund|70,260
22,558
(28,681)
64,137| |Total restricted funds|85,729
704,245
(712,154)
77,820| ||||||Balance at| |---|---|---|---|---|---| ||Balance at 1
April 2023|Incoming
resources|Resources
expended|Transfers|31 March
2024| ||£|£|£|£|£| |Charity|||||| |Unrestricted funds|||||| |General|448,541|221,350|(65,394)|(40,682)|563,815| |Designated|156,000|-|-|-|156,000| |Total unrestricted funds|604,541|221,350|(65,394)|(40,682)|719,815| |Restricted funds|77,820|786,599|(847,087)|40,682|58,014| |Total funds|682,361|1,007,949|(912,481)|-|777,829| |||||Balance at| |---|---|---|---|---| ||Balance at 1
April 2022|Incoming
resources|Resources
expended|31 March
2023| ||£|£|£|£| |Unrestricted funds||||| |General|459,499|54,824|(65,782)|448,541| |Designated|156,000|-|-|156,000| |Total unrestricted funds|615,499|54,824|(65,782)|604,541| |Restricted funds|85,729|718,958|(726,867)|77,820| |Total funds|701,228|773,782|(792,649)|682,361| **Fitzrovia** Youth in Action **-** Annual Report and Accounts **2023-24** 69 The specific purposes for which the funds are to be applied are as follows: 1. Engaging Young People is about young people's participation in the charity's activities with trusted adults and their peers. This includes funding for football and drop-in sessions. 2. Youth-led Volunteering is about youth-led social action. It includes supporting young people to mentor their peers, hosting large community events, engaging with residents to improve their environment, organising awareness campaigns and delivering workshops about mental health to other young. 3. Fixed Asset Fund is fund for capital expenditure that is used for improving Suffolk House known as Warren Centre that is used for events. During the year there were transfers in the sum of £40,682 (2023 - £Nil) between unrestricted and restricted funds. In accordance with the Charities SORP (FRS 102) these relate to the use of unrestricted funds at the discretion of the Trustees to meet any funding shortfall on restricted projects. **Fitzrovia** Youth in Action **-** Annual Report and Accounts **2023-24** 70 ## 21. Analysis of net assets between funds ||Unrestricted funds|Unrestricted funds|Restricted|Total funds at
31 March| |---|---|---|---|---| ||General|Designated|funds|2024| ||£|£|£|£| |Group||||| |Tangible fixed assets|165,835|-|-|165,835| |Current assets|681,085|156,000|58,014|895,099| |Current liabilities|(325,463)|-|-|(325,463)| |Total net assets|521,457|156,000|58,014|735,471| ||Unrestricted funds|Unrestricted funds|Restricted|Total funds at
31 March| ||General|Designated|funds|2023| ||£|£|£|£| |Tangible fixed assets|201,217|-|-|201,217| |Current assets|498,278|156,000|77,820|732,098| |Current liabilities|(314,174)|-|-|(314,174)| |Total net assets|385,321|156,000|77,820|619,141| ||Unrestricted funds|Unrestricted funds|Restricted|Total funds at
31 March| |---|---|---|---|---| ||General|Designated|funds|2024| ||£|£|£|£| |Charity||||| |Tangible fixed assets|141,186|-|-|141,186| |Fixed asset investments|1|-|-|1| |Current assets|727,525|156,000|58,014|941,539| |Current liabilities|(304,897)|-|-|(304,897)| |Total net assets|563,815|156,000|58,014|777,829| ||Unrestricted funds|Unrestricted funds|Restricted|Total funds at
31 March| ||General|Designated|funds|2023| ||£|£|£|£| |Tangible fixed assets|170,444|-|-|170,444| |Fixed asset investments|1|-|-|1| |Current assets|569,374|156,000|77,820|803,194| |Current liabilities|(291,278)|-|-|(291,278)| |Total net assets|448,541|156,000|77,820|682,361| **Fitzrovia** Youth in Action **-** Annual Report and Accounts **2023-24** 71 ## 22. Analysis of net funds ||At 1 April
2023|Cash flows|At 31 March
2024| |---|---|---|---| ||£|£|£| |Group|||| |Cash at bank and in hand|713,130|143,077|856,207| |Net funds|713,130|143,077|856,207| ||At 1 April
2022|Cash flows|At 31 March
2023| ||£|£|£| |Cash at bank and in hand|742,166|(29,036)|713,130| |Net funds|742,166|(29,036)|713,130| ||At 1 April
2023|Cash flows|At 31 March
2024| ||£|£|£| |Charity|||| |Cash at bank and in hand|652,874|146,671|799,545| |Net funds|652,874|146,671|799,545| ||At 1 April
2022|Cash flows|At 31 March
2023| ||£|£|£| |Cash at bank and in hand|677,110|(24,236)|652,874| |Net funds|677,110|(24,236)|652,874| ## 23. Related party transactions ## Group and Charity In accordance with FRS 102, exemption is taken not to disclose transactions in the year between wholly owned group undertakings. There were no other related party transactions in the year. **Fitzrovia** Youth in Action **-** Annual Report and Accounts **2023-24**