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2021-10-31-accounts

YOUTH ROCK

We inspire youth to be their most courageous and confident selves as they learn leadership skills and challenge themselves to run towards adventure.

YOUTH SPACE

MESSAGE OF CHAIR

The challenges of past two years have impacted us all. Through it all, we are emerging stronger, more resilient, and better together with a shared commitment to our community.

This report is our opportunity to share snapshots of wonderful memories, friendships and growths; that are balanced with healthy expectations and strong beliefs in youth who others have given up on. These are vital components that help disenchanted youth develop, despite the adversities they face; and if you read this report; high chances are that you care about youth living fulfilling and robust childhoods so that they are built to endure.

Today, our youth are struggling with food insecurity, sedentary lifestyles, stress, anxiety, economic uncertainty, and a lack of access to opportunity and resources. We must invest in our youth with commitment and urgency, especially those furthest from opportunity. They are our future.

YOUTH ROCK . They have demonstrated unfathomable compassion to one another, unwavering determination and grit as long as we believe in them. Time and time again, we see youth who are perceived as hitting Rock bottom , heave themselves out of messy quagmire of poverty, bad habits, truancy and mental illness; because young people are stronger than they seem to be. When we demonstrate that we believe in them and give youth the space to find themselves and develop with support that they can own and control, the results speaks for itself.

We are forever grateful to our staff, members, donors, partners, who stood by us during this difficult year to support our critical work. This support manifests as an investment in the future we all want.

J. Wider

our Mission:

our Vision: Youth space advocates for young people with risk factors ensuring that they access a safe spacefood provision and realistic pathways which will lead them to break free from the intergenerational cycle of disadvantage

The day; when a hurting young person will not trample over a nature garden; crush a beetle , condemn a peer whoes different nor put themselves down.

Working towards the day where you can peer into a classroom and be clueless about the children’s respective families soceo-ecnomic backrounds,issues or disadvantage. Because regardless of their backgrounds; all young people will feel safe, secure and aspiring.

About Youth Space

Youth Space is based in North London. Our name is our game. We know that young people aged 9-15 living in overcrowded, low income and vulnerable families need SPACE and we do everything in our power to give them Space. Young people know that there is a safe space where they can drop in – be it, to enjoy a meal when there is nothing to eat at home, `` have a chat with a trained and supportive mentor when they are feeling low or overwhelmed, meet friends, dabble in fun new skills such as gardening, bush crafting, budgeting, and to simple just be- orbreathe` to quote them.

Our trustees are teachers and Sen staff of local schools who realized that some children

were not learning or behaving well; NOT because they are lazy or bad. These children were not quite at risk or on special Sen behavior plans, but were scarping the surfaces, barely

getting by, but not being vocal about the troubling thoughts that were festering inside.

They are at stages where they may experiment with unhealthy self-soothing and addictive behaviours but are not so far entrenched that it is almost impossible to help them.

Our nature based activities give them the space and encouragement they need to develop their talents and sporting skills and explore healing powers of nature. As a result, users have broader aspirations, increased feelings of self-worth, and a more positive outlook on life.

our Aims`

Our Milestones`

Youth Space a soft, yet bittersweet memory, in the context of the toughest moments, Youth Space provided some of the most loving moments I ever shared with my son.

Virtual Camp was amazing! Julia absolutely loved it, and each day she was excited to show me the list of programs for the day. Everything from the backpack filled with the craft supplies, field trips, story time, Zumba, karaoke, Camp - the list goes on… was perfect! A big thank you to everyone who put this together - including the counsellors who worked from their homes.

My safe space is Youth Space. Even when I’m not at youth space, it rents permanent place in my brain, and I visit whenever I need an uplift or security.`` Kalmen Lazer

Our Difference

Through our summer camps and programs, camp is an epic adventure. Every year, over 70 campers and family members have the opportunity to experience more of what they want in their lives: the freedom to be their authentic selves in a supportive environment. It gives campers the chance to love and be loved unconditionally, experience new adventure, risk without fear of failure, make lasting friendships, and most of all... have FUN.

70% of youth leaders said that volunteering with us helped them feel empowered to make a change in their community.

USER FEEDBACK WAS CAPTURED THIS PAST YEAR IN OUR CAMPER SATISFACTION INDEX SURVEY:

99%

of parents are likely or extremely likely to recommend camp to family and/or friends.

Over 90%

of users’ families indicated that their child found a sense of home, family and community from their session at Youth Spacer

100%

reported increased self esteem and confidence

40%

report reduction in addictive behaviours and habits

80% of bushcrafting and nature weekly articipants strengthened their science and teamwork skills through handson environmental learning.

80% report improved mental health

Projects

Back To Basics our new Bushcrafting program and Revive Alive (families) helps teens ages 11-15. This program is unique in the sense that it is open to a very specific age range. We welcome participants ages 11-15. These young people may have a diagnosis such as the following: depression, Anxiety, Autism Spectrum Disorder, Obsessive Compulsive disorder, and oppositional defiant disorder. Young people who have had a long-standing battle with these issues tend to be a great fit for our program.

Independence and life skills

A key component of the project is enabling users to produce performances with minimal adult involvement. In the process, they learned to take responsibility, be organized, and the importance of time management. Working as a team, users developed effective communication, leadership and teamwork skills, including negotiating and compromising. These life skills will serve them well in the future as they develop into adults who are able to function independently and productively in their personal lives and in the workplace.

Nurture physical and emotional well` being

Participants unwind from their stressful and challenging environment at home. Most of the children referred to us deal with learning disabilities, social difficulties or family issues which are compounded by poverty. The outdoor fresh air, combined with enriching activities, will improve their emotional health, making them more resilient to deal with their many challenges.

Access nutritious meals

Holiday hunger is a very real concern for our users. In the absence of school breakfast clubs and free school meals, many children and parents dread holidays due to hunger or unstable eating. We ensure that on all our projects Young people access nutritious meals, boosting their health and easing their parents’ burden.

Respite for families`

Users’ parents grapple challenging circumstances all year round, but during unstructured days the inequalities are starker. Having a bored, resentful child/ teenager at home with little to offer them is very stressful. Many parents worry about their children spending time on the streets and falling into bad company or habits.

Youth Space! gives them reassurance that their child is having fun, gaining friends and being exposed to nature and to stimulating educational experiences in a safe, supervised and supportive environment and they can work without the added worry.

Independent examiner

Mr Howard Schwalbe ACA 2nd Floor - Parkgates Bury New Road Prestwich Manchester M25 0TL

Year ended 31 October 2021

Objectives and activities

The objects of the charity are:

(1) to advance in life and relieve needs of young people through: -

Structure, governance and management

Youth Space is constituted under a Trust Deed dated 23 June 2009. It is a registered charity number 1136913 and was registered with the Charity Commission on 15 June 2010.

There is no chief executive officer. The day-to-day affairs are undertaken by Mr Katz on behalf of the trustees. All major decisions are taken collectively by the trustees and all the trustees give of their time freely. The trustees are unpaid and details of any related party transactions are disclosed as applicable in the notes to the accounts. The arrangements for setting the pay of the charity’s employees are the sole domain of the trustees.

A policy and procedure for the induction and training of new trustees is currently being developed and will be implemented in the coming year.

(2) to promote any other exclusively charitable objects and purposes as the trustees see fit, provided that they are regarded as charitable by the law of England and Wales.

Public benefit

The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit and in particular to its supplementary public benefit guidance on advancing education when reviewing the charity's aims and objectives and in planning future activities and setting grant making policy for the year.

Risk review

The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the Trust, and are satisfied that systems are in place to manage our exposure to the major risks.

The risks faced by the trust are principally operational risks from ineffective grant making. These risks are managed by the trustees researching potential beneficiaries before granting donations.

Report back and review procedures strengthen these safeguards to ensure public benefit is achieved from all grants.

Grant making policy and grant funding The charity is funded partly by grant funding.

There were no individual or institutional grants made during the year.

The application of the funds by way of grants is either institutions or individuals and is almost always to institutions.

The charity invites applications for funding through contacting grant making authorities and local philanthropists to contribute towards projects that are appropriate for the charity's objects..

The trustees wish to record their appreciation to all benefactors of the charity for their kind support of the activities of the charity.

The trustees consider they have met the public benefit test and outline these achievements below.

The trustees measure the success of achieving the stated aims by the number and value of grants paid out for each object. The grants paid out in the year are detailed in the notes to the accounts and the trustees consider they have met their aims successfully this year.

The trustees consider the shorter term aims to be similar to the longer term aims and assess the achievement of the charity in the same way.

Year ended 31 October 2021

Achievements and performance

Year ended 31 October 2021

The trustees' annual report was approved on To be Dated and signed on behalf of the board of 28/06/2022 trustees by:

The charity received £82,124 in donations and £42,910 in grants during the year. The charity paid out a total of £165,826 on the youth clubs and holiday programs and its costs all of which were funded by the charity as well as support cost. These programs are all in line with the objectives of the charity.

For too many children and young people living in poverty, days off school are characterized by boredom, frustration, and isolation – a fertile breeding ground for sibling rivalry and home stress, hanging out with negative peer groups or developing couch potato habits. Youth Space transforms this reality for over 160 of the poorest, hungriest and loneliest children by providing them with safe and stimulating entertainment for non-school days. We provide a summer holiday camp, winter, and spring holiday schemes, Sunday programs and half-term trips.

J Katz

Trustee

Many of our users’ parents and caregivers work on days off from school, and our programs give them the reassurance that their child is in safe hands, being exposed to fun and new skills, and enjoying comradeship with peers.

At Youth Space, users benefit from a range of sport and fitness, craft, drama clubs, skills-building workshops, social thinking sessions, nutritious meals, and recreational activities, all free of charge. Our activities give them the space and encouragement they need to develop their talents, knowledge and sporting skills, as a result, users have broader aspirations, increased feelings of self -worth, and a more positive outlook on life, helping them mature into independent and productive members of society.

Our projects are made possible through the generous support of local donations and grant funding. With continued support the trustees plan to expand and better the existing services so as to target even more local children and young people.

The charity has low governance costs comprising professional fees.

There were no related party transactions in the reporting period.

There were no material fundraising costs during the year.

There was an overall net expenditure and movement of funds for the year amounting to £40,792 as detailed on the Statement of Financial Activities.

Financial review

The trustees feel that the activity reflects the profile and standing within the local community. The impact for future year's expenditure is self-evident and the trustees would like to record their appreciation for all the financial support received from benefactors during the course of the year.

Reserves policy

The Unrestricted Fund represents the unrestricted funds arising from past operating results.

The Trustees are satisfied that the balance of the Fund is an acceptable level of reserves given the nature of revenue receipts against grants payable.

In considering the limited financial obligations of the charity, the trustees have resolved to maintain a minimum reserve roughly equal to the net current assets of the charity.

The trustees are delighted to have made many valuable contributions to the community as a result of this income and hope to be able to do so for many years to come.

The free reserves being the net current assets stand at £21,344, all of which are unrestricted.

Coronavirus

The charity has not been materially affected by the coronavirus.

Year ended 31 October 2021

I report to the trustees on my examination of the financial statements of Youth Space ('the charity') for the year ended 31 October 2021.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the financial statements do not accord with those records; or

  3. the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Year ended 31 October 2021

Year ended 31 October 2021
Period from
1 Apr 20 to
Year to 31 Oct 21 31 Oct 20
Unrestricted Restricted
Note funds
£
fundsTotal funds
£
£
Total funds
£
Income and endowments
Donations and legacies 4 82,124 42,910 125,034 109,088
---------------------------- ---------------------------- -------------------------------- --------------------------------
Total income 82,124 42,910 125,034 109,088
============================ ============================ ================================ ================================
Expenditure
Expenditure on charitable activities 5,6 122,916 42,910 165,826 69,116
-------------------------------- ---------------------------- -------------------------------- --------------------------------
Total expenditure 122,916
================================
42,910
============================
165,826
================================
69,116
================================
-------------------------------- ---------------------------- -------------------------------- --------------------------------
Net (expenditure)/income and net
movement in funds
(40,792) (40,792) 39,972
================================ ============================ ================================ ================================
Reconciliation of funds
Total funds brought forward 62,136 62,136 22,164
-------------------------------- ---------------------------- -------------------------------- --------------------------------
Total funds carried forward 21,344 21,344 62,136
================================ ============================ ================================ ================================

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

Mr Howard Schwalbe ACA

Independent Examiner

2nd Floor - Parkgates Bury New Road Prestwich Manchester M25 0TL

To be Dated 28/06/2022

The notes on pages 8 to 13 form part of these financial statements.

31 October 2021

31 October 2021
2021 2020
Note £ £ £
Current assets
Cash at bank and in hand 22,724 63,456
Creditors: amounts falling due within one year 11 1,380 1,320
---------------------------- ----------------------------
Net current assets 21,344 62,136
Total assets less current liabilities ----------------------------
21,344
----------------------------
----------------------------
62,136
----------------------------
Net assets 21,344 62,136
============================ ============================
Funds of the charity
Unrestricted funds 21,344 62,136
---------------------------- ----------------------------
Total charity funds 12 21,344 62,136
============================ ============================

These financial statements were approved by the board of trustees and authorised for issue on To be Dated, and are signed on behalf of the board by: 28/06/2022

Year ended 31 October 2021

1. General information

The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 48 Warwick Grove, London, E5 9HU.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

J Katz Trustee

There are no material uncertainties about the charity's ability to continue.

Fair value

Debtors and creditors are stated at fair value.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements did not require management to make judgements, estimates or assumptions that affect the amounts reported.

Fund accounting

Unrestricted funds held by the charity are funds that can be used in accordance with the charitable objects at the discretion of the trustees.

The notes on pages 8 to 13 form part of these financial statements.

Year ended 31 October 2021

Year ended 31 October 2021

3. Accounting policies (continued)

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

3. Accounting policies (continued)

Financial instruments (continued)

Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.

Debt instruments are subsequently measured at amortised cost.

Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.

Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Financial instruments

A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Donations and legacies

Donations and legacies
Unrestricted Restricted Total Funds
Funds Funds 2021
£ £ £
Donations
Donations 82,124 82,124
Grants
Grants receivable 42,910 42,910
---------------------------- ---------------------------- --------------------------------
82,124 42,910 125,034
============================ ============================ ================================
Unrestricted Restricted Total Funds
Funds Funds 2020
£ £ £
Donations
Donations 86,888 86,888

Year ended 31 October 2021

4. Donations and legacies (continued)

Donations and legacies (continued)
Unrestricted Restricted Total Funds
Funds Funds 2020
£ £ £
Grants
Grants receivable 22,200 22,200
---------------------------- ---------------------------- --------------------------------
86,888 22,200 109,088
============================ ============================ ================================
Expenditure on charitable activities by fund type
Unrestricted Restricted Total Funds
Funds Funds 2021
£ £ £
Youth club and holiday programs costs 122,857 42,910 165,767
Support costs 59 59
-------------------------------- ---------------------------- --------------------------------
122,916 42,910 165,826
================================ ============================ ================================
Unrestricted Restricted Total Funds
Funds Funds 2020
£ £ £
Youth club and holiday programs costs 46,256 22,200 68,456
Support costs 660 660
---------------------------- ---------------------------- ----------------------------
46,916 22,200 69,116
============================ ============================ ============================

5. Expenditure on charitable activities by fund type

6. Expenditure on charitable activities by activity type

Activities
undertaken Support Total funds Total fund
directly costs 2021 2020
£ £ £ £
Youth club and holiday programs costs 165,767 165,767 68,456
Governance costs 59 59 660
-------------------------------- -------------- -------------------------------- ----------------------------
165,767 59 165,826 69,116
================================ ============== ================================ ============================

7. Analysis of support costs

Year ended 31 October 2021

8. Independent examination fees

Independent examination fees
Period from
Year to 1 Apr 20 to
31 Oct 21 31 Oct 20
£ £
Fees payable to the independent examiner for:
Independent examination of the financial statements 720 660
============== ==============

9. Staff costs

The average head count of employees during the year was Nil (2020: Nil).

No employee received employee benefits of more than £60,000 during the year (2020: Nil).

10. Trustee remuneration and expenses

No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.

11. Creditors: amounts falling due within one year

2021 2020
£ £
Accruals and deferred income 1,380 1,320
======================= =======================
Analysis of charitable funds
Unrestricted funds
At 01 At 31
Nov 2020 Income Expenditure Oct 2021
£ £ £ £
General funds 62,136 82,124 (122,916) 21,344
============================ ============================ ================================ ============================
At 01 At 31
Apr 2020 Income Expenditure Oct 2020
£ £ £ £
General funds 22,164 86,888 (46,916) 62,136
============================ ============================ ============================ ============================

12. Analysis of charitable funds

Analysis of

support costs Total 2021 Total 2020 £ £ £ Governance costs 59 59 660 ============== ============== ==============

Year ended 31 October 2021

12. Analysis of charitable funds (continued)

Restricted funds

Restricted funds
At 01 At 31
Nov 2020 Income Expenditure Oct 2021
£ £ £ £
Holiday programs grants fund 42,910 (42,910)
============== ============================ ============================ ==============
At 01 At 31
Apr 2020 Income Expenditure Oct 2020
£ £ £ £
Holiday programs grants fund 22,200 (22,200)
============== ============================ ============================ ==============

13. Analysis of net assets between funds

Analysis of net assets between funds
Unrestricted Total Funds
Funds 2021
£ £
Current assets 22,724 22,724
Creditors less than 1 year (1,380)
(1,380)
---------------------------- ----------------------------
Net assets 21,344 21,344
============================ ============================
Unrestricted Total Funds
Funds 2020
£ £
Current assets 63,456 63,456
Creditors less than 1 year (1,320)
(1,320)
---------------------------- ----------------------------
Net assets 62,136
============================
62,136
============================

14. Taxation

Youth Space is a registered charity and therefore is not liable to income tax or corporation tax on income derived from its charitable activities, as it falls within the various exemptions available to registered charities.

Address of charity`

48 WARWICK GROVE LONDON E5 9HU Trustees Names JUDAH WIDER JOSEF KATZ AHARON YEHUDA FINKELSTIN HENIA WARFMAN