OUTH SPACE. tINNURL RIPORT RCCOUNTS 22-28
message of chair.
At Youth Space, we are dedicated to helping young people rise above their challenges and reach their full potential. Our mission is to support youth facing various risk factors by providing a safe space, food, and realistic paths to a better future. During times of crisis and mental health struggles, we offer crucial support, understanding the deep impact of issues like poverty, learning difficulties, and mental health problems.
This past year, the cost of living crisis has been a significant hurdle for many of our users. The increased financial strain on families led to more stress and insecurity. In response, we stepped up our efforts to provide extra food provisions, emergency support, and expanded services to ensure that no one was left without the help they needed during these tough times.
Additionally, we launched a new mentorship program pairing young people with community leaders and professionals who can offer guidance, career advice, and emotional support. This initiative aims to provide our youth with positive role models and practical skills to help them navigate their futures.
Our approach is holistic, addressing immediate needs while promoting long-term well-being. Through activities such as sports, nature visits, workshops, peer support, and consistent care, we create an environment that helps build resilience, coping skills, and a sense of belonging.
By participating in these activities, youth find safety, self-worth, and hope for a better future. We help them overcome adversities, including tough circumstances and harmful habits. Every young person deserves the chance to be resilient, healthy, and hopeful. Our comprehensive support offers the resources, opportunities, and guidance they need to thrive. We are committed to helping youth rise above their limitations and shape their own lives.
We invite you to join us in our mission to empower young people. Together, we can make a lasting impact and help them achieve their dreams. With the support of both past and present trustees, we remain committed and confident in our ability to create positive change. Let us continue to rise above challenges and empower our youth.
Our mission at Youth Space is to advocate for young people facing risk factors and provide them with access to a safe space, food provisions, and realistic pathways that enable them to break free from the intergenerational cycle of disadvantage.
Objective:
Our goal is to create a nurturing environment and equip young people with the necessary tools to foster resilience, personal growth, and a sense of hope for a brighter future. We aim to break the intergenerational cycle of disadvantage by providing access to safe spaces, food provisions, and realistic pathways that lead to positive outcomes. Through collaboration, advocacy, and targeted interventions, we work towards making a lasting impact and creating positive change in the lives of young people facing adversity.
- youth Space Impact Report 2022-23
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TOTAL YOUTH
HELPED:
300
INDIVIDUALS
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TOTAL PROGRAMS AND PROJECTS: 6 MAJOR INITIATIVES
TOTAL DAYS OF ENGAGEMENT: 114 DAYS
MILKY WAY BREAKFAST PROGRAMME
Youth Space’s Milky Way Breakfast Programme is an out-of-this-world initiative designed to provide nourishing meals and essential provisions to youth in need. this program aims to fuel the potential of young individuals by ensuring they start their day with a nutritious breakfast that propels them towards success. these youth are guided towards a brighter future through the power of a healthy meal during their days off school.
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Participants: 160 youth
Meals Served : 11,200
nutritious breakfasts
annually
Duration: Sundays and
during school holidays
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reported better focus and energy Key Outcomes: 93 levels throughout the day
Personal Care Pantry
Explore the Personal Care Pantry at Youth Space, where we invite you to embark on a mission of selfcare and well-being! Our Personal Care Pantry is a place where young individuals can access a wide range of essential hygiene and self-care products, empowering them to prioritize their well-being. From basic toiletries to skincare essentials, we aim to provide the tools for youth to launch into a confident and healthy future. Access to the personal care pantry is available on all holiday programs, and users can request a refill package as needed.
Participants : 160 youth
Products Distributed: 3,000 hygiene and selfcare items
Availability: All holiday programs, with refill packages available as needed
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88%
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Key Outcomes:
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reported improved self-esteem and confidence
Different is Not Alien: Social
Mentorship Matters
Skills Program
Welcome to Mentorship Matters, an initiative focused on fostering meaningful connections between young individuals and experienced mentors. Through our comprehensive mentorship programs, we aim to provide guidance, support, and inspiration to help youth navigate their personal and professional journeys. Whether it’s setting career goals, developing life skills, or building self-confidence, Mentorship Matters is dedicated to empowering youth to achieve their fullest potential and make informed decisions about their futures.
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Participants : 80 youth
Join us in the Different is Not Alien
social skills program as we embark
on a journey of understanding,
Workshops Held : 50
compassion, and acceptance.
workshops
Together, let us build bridges, break
down barriers, and embrace the
beauty of our differences. Through
Duration: Weekly engaging workshops, interactive
sessions over 10 months exercises, and thoughtful discussions,
participants develop the skills to
navigate social dynamics with
empathy and respect. They learn
to challenge biases, communicate
effectively across differences, and
form meaningful connections with
people from diverse backgrounds
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Participants: 42 youth
Mentors Involved: 12
experienced mentors
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Mentorship Sessions: 300
sessions annually
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set and achieved personal and
87% professional goals
Key Outcomes:
reported increased self-
84%
confidence and resilience
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90% reported improved social skills
Key Outcomes:
reported better
85%
understanding and
acceptance of diversity
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Blast Off Bushcrafting Camping Program
Embark on an extraordinary adventure with our Blast Off Bushcrafting Camping Program at Youth Space! This immersive experience takes 160 young explorers on a journey to develop essential outdoor skills while promoting independence and self-reliance over two weeks in Anglesey. Inspired by the theme of blasting off into new frontiers, participants will learn to navigate the wilderness, build shelters, and create survival equipment, all under the guidance of experienced mentors. As they embrace the challenges of nature, these budding adventurers will discover their inner strength and resilience, preparing them to take charge of their destiny and soar towards a future filled with endless possibilities.
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Participants :160 youth
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Activities: sports and fitness sessions, skills building courses, performing arts, workshops, recreational activities and trips and 3 daily nutritious meals. Duration: 2-week intensive camp
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95% developed essential outdoor skills
Key Outcomes:
felt more independent and
92%
self-reliant
89%
felt more confident socially
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quotes
“I used to feel sad during the holidays because we couldn’t do much. But now, thanks to Youth Space, I have fun with my friends and don’t feel left out anymore. I love the holiday meals and games.”
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Aidy, 6
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“Sofia has really come into her own since joining the leadership program. She’s confident, articulate, and eager to take on new challenges. Youth Space has truly nurtured her leadership potential.”
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Sofia`s teacher
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“The Milky Way Breakfast Programme gives me energy for the day and makes me feel cared for. It’s more than just breakfast; it’s a community.” Blimie, 12
“Having access to basic hygiene products like shampoo and deodorant made me feel more confident at school. I don’t feel embarrassed anymore, and it’s easier to focus on my friends and studies,”
T.k 11
case studies
Matty, a 13-year-old, struggled with social anxiety and low self-esteem joined the Interact with Tact social skills program. Mentoring sessions enhanced her leadership and communication abilities, while drama workshops provided a safe space for selfexpression, helping her overcome social anxiety. As a result, Matty’s social skills improved, she developed lasting friendships, and his newfound confidence became evident at home and school.
Jake, a 11-year-old boy who was shy and struggled with teamwork. participated in the two-week Blast Off Bushcrafting Camping Program, where he learned outdoor skills and survival techniques. The experience improved his physical health and developed valuable teamwork skills, while consistent encouragement from coaches and peers boosted his confidence. Jake became more outgoing, made new friends, and looked forward to each session. “Playing sports with everyone here is so much fun. Im not only getting stronger and healthier, but also about learning how to be a better teammate!,” Jake said. His parent added, “Jake has become more social and confident. The program has been wonderful for him.”
At Youth Space, we’re thrilled to announce the exciting enhancements to our services and support for young individuals that we’ve implemented this year. Besides the new program mentioned above, here are the key initiatives we’ve successfully put into action:
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Reducing
Waiting Times
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Our primary focus has been on reducing waiting times by enhancing our intake process. Through streamlining procedures and expanding our capacity, we’ve ensured that children on our waiting list receive the support they need in a timely manner. This proactive approach has enabled us to serve more youth efficiently.
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Volunteering Continuous Collaborations
and Training Professional and
Development Partnerships
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Recognising the invaluable contributions of volunteers to our organization, we’ve actively recruited and trained more volunteers. This has not only expanded our capacity but also enriched the quality of our services. Our volunteers now offer additional support and contribute to a wider range of programs, enhancing the overall impact of our initiatives.
Understanding the value of collaboration, we’ve established strategic partnerships with other organisations, community groups, and stakeholders. By leveraging resources, sharing best practices, and expanding our reach, we’ve increased our capacity to support more young people. These collaborations have allowed us to create synergies and amplify our impact in the communities we serve.
We remain committed to the continuous improvement and professional development of our staff and volunteers. Through access to training Training: such as opportunities workshops, seminars, and certifications, we’ve invested in enhancing their skills. This investment ensures that our team members are equipped to effectively support young people facing adversity, providing them with the best possible assistance.
Through these initiatives, we’re dedicated to providing comprehensive support to young individuals, empowering them to overcome challenges and achieve their full potential. At Youth Space, we’re committed to making a positive difference in the lives of youth, and we’re excited to continue our journey of growth and impact.
EVALUATION
The outcome star framework guides our monitoring and evaluation process. It enables us to assess the progress and outcomes achieved by youth across various dimensions of their development. These include: their mental health, wellbeing, personal skills, relationships and educational achievements. By using this framework, we ensure that we have comprehensively evaluated our users overall growth and success.
Based on the assessments we conduct using the outcome star framework, we award stars of achievements to our user. These stars provide recognition,vision and a sense of pride for the efforts they have put into their personal development. Users are awarded with Resilience Star, Leadership Star, Creativity Star, Teamwork Star, Trying Star, Perseverance Star, and Empathy Star.
CREATIVITY STAR
TEAMWORK STAR
RESILIENCE STAR LEADERSHIP STAR EMPATHY STAR
Trustees’ Annual Report
Year ended 31 October 2023
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.
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.
Objectives and activities
The objects of the charity are:
1. to advance in life and relieve needs of young people through:-
-
the provision of recreational and leisure time activities provided in the interest of social welfare, designed to improve their conditions of life;
-
providing support and activities which develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals.
-
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.
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 the benefactors 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.
Achievements and performance
The charity received £56,508 in donations and £62,813 in grants during the year.
The charity paid out a total of £125,469 on out of school activities and residential summer camps including support costs, all of which are in line with the objects of the charity.
In the face of a challenging year marked by a rising cost of living, Youth Space not only persevered but thrived, achieving significant milestones in expanding out of school activities and summer camps, reaching over 160 children and young people aged 8-15. Despite economic challenges, the organisation strengthened support services, witnessing uplifting transformations in the lives of youth.
Acknowledging the impact of the cost-of-living crisis, trustees express a dedicated commitment to navigating these challenges. Future initiatives focus on reducing waiting times, recruiting and training more volunteers, and establishing collaborations. Existing programs continue empowering youth with crucial support, nourishment, and skills development, showcasing the organisation’s resilience and commitment amid evolving circumstances.
The Trustees extend heartfelt thanks to our partners for their unwavering support.
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 £6,148 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 £3,325, all of which are unrestricted.
The trustees’ annual report was approved on 4 March 2024 and signed on behalf of the board of trustees by:
J Wider
Trustee
Independent Examiner’s Report to the Trustees
of Youth Space
Year ended 31 October 2023
I report to the trustees on my examination of the financial statements of Youth Space (‘the charity’) for the year ended 31 October 2023.
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:
-
- accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
the financial statements do not accord with those records; or
-
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.
Mr Howard Schwalbe ACA Independent Examiner 2nd Floor - Parkgates Bury New Road Prestwich Manchester M25 0TL
4 March 2024
Youth Space Statement of Financial Activities Year ended 31 October 2023
| Unrestricted funds £ |
2023 Restricted funds £ |
Total funds £ |
2022 Total funds £ |
|
|---|---|---|---|---|
| Note Income and endowments Donations and legacies 4 Total income Expenditure Expenditure on charitable activities 5,6 Total expenditure Net expenditure and net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
56,508 | 62,813 | 119,321 | 141,494 141,494 153,365 153,365 (11,871) 21,344 9,473 |
| 56,508 | 62,813 | 119,321 | ||
| 62,656 | 62,813 | 125,469 | ||
| 62,656 | 62,813 | 125,469 | ||
| (6,148) | – | (6,148) | ||
| 9,473 | – | 9,473 | ||
| 3,325 | – | 3,325 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
Youth Space Statement of Financial Position 31 October 2023
| Current assets Cash at bank and in hand Creditors: amounts falling due within one year Net current assets Total assets less current liabilities Net assets Funds of the charity Unrestricted funds Total charity funds |
Note | 2023 £ |
£ | 2022 £ |
|---|---|---|---|---|
| 11 | 4,830 1,505 |
11,633 2,160 9,473 9,473 9,473 9,473 9,473 |
||
| 3,325 | ||||
| 3,325 | ||||
| 3,325 | ||||
| 3,325 | ||||
| 12 | 3,325 |
These financial statements were approved by the board of trustees and authorised for issue on 4 March 2024, and are signed on behalf of the board by:
J Wider
Trustee
The notes on pages 26 to 31 form part of these financial statements.
Youth Space
Notes to the Financial Statements Year ended 31 October 2023
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 83 Geldeston Road, London, E5 8RS.
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
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.
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:
-
income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
-
legacy income is recognised when receipt is probable and entitlement is established.
-
income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
-
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
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:
- expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
• expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
- other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
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.
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.
Youth Space Notes to the Financial Statements Year ended 31 October 2023
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.
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
| Unrestricted Funds £ |
Restricted Funds £ |
Total Funds 2023 £ |
|
|---|---|---|---|
| Donations Donations Grants Grants receivable |
56,508 – |
– 62,813 |
56,508 62,813 |
| 56,508 | 62,813 | 119,321 | |
| Unrestricted Funds £ |
Restricted Funds £ |
Total Funds 2022 £ |
|
| Donations Donations Grants Grants receivable |
99,494 | – 42,000 |
99,494 42,000 |
| 99,494 | 42,000 | 141,494 |
5.Expenditure on charitable activities by fund type
| 5.Expenditure on charitable | activities by fund type |
|---|---|
| Unrestricted Funds £ Restricted Funds £ Total Funds 2023 £ |
|
| Residential summer sleep away Support costs |
61,875 62,813 124,688 781 – 781 |
| 62,656 62,813 125,469 |
|
| Unrestricted Funds £ Restricted Funds £ Total Funds 2022 £ |
|
| Residential summer sleep away Support costs |
110,585 42,000 152,585 780 – 780 |
| 111,365 42,000 153,365 |
6. Expenditure on charitable activities by activity type
| Activities undertaken directly £ Support costs £ |
Activities undertaken directly £ Support costs £ |
Total funds 2023 £ |
Total fund 2022 £ |
|
|---|---|---|---|---|
| Residential summer sleep away 124,688 – Governance costs – 781 124,688 781 7. Analysis of support costs Analysis of support costs £ |
124,688 – – 781 |
124,688 781 |
152,585 780 |
|
| 124,688 781 |
125,469 | 153,365 | ||
Total 2023 £ |
Total 2022 £ |
|||
| Governance costs 781 8. Independent examination fees |
781 | 781 | 780 | |
| 2023 £ |
2022 £ |
|||
| Fees payable to the independent examiner for: Independent examination of the financial statements |
780 | 780 |
Youth Space Notes to the Financial Statements Year ended 31 October 2023
9. Staff costs
The average head count of employees during the year was Nil (2022: Nil). No employee received employee benefits of more than £60,000 during the year (2022: 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
| 2023 £ |
2022 £ |
||||
|---|---|---|---|---|---|
| Accruals and deferred income 12. Analysis of charitable funds At 01 Nov 2022 £ Income £ Unrestricted funds General funds 9,473 56,508 At 01 Nov 2021 £ Income £ |
1,505 | 2,160 | |||
| Expenditure £ |
At 31 Oct 2023 £ |
||||
| 9,473 | 56,508 | (62,656) | 3,325 | ||
| At 01 Nov 2021 £ |
Income £ |
Expenditure £ |
At 31 Oct 2022 £ |
||
| General funds Restricted funds |
21,344 | 99,494 | (111,365) | 9,473 | |
| At 01 Nov 2022 £ |
Income £ |
Expenditure £ |
At 31 Oct 2023 £ |
||
| Summer camp grants fund | – At 01 Nov 2021 £ |
– | 62,813 | (62,813) | – |
Income £ |
Expenditure £ |
At 31 Oct 2022 £ |
|||
| Summer camp grants fund | – | 42,000 | (42,000) | – |
13. Analysis of net assets between funds
| Unrestricted Funds £ |
Total Funds 2022 £ |
|
|---|---|---|
| Current assets Creditors less than 1 year Net assets Current assets Creditors less than 1 year Net assets |
4,830 (1,505) |
4,830 (1,505) |
| 3,325 | 3,325 | |
| Unrestricted Funds £ 11,633 (2,160) |
Total Funds 2021 £ 11,633 (2,160) |
|
| 9,473 | 9,473 |
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.
Reference and administrative details
Registered charity name
Youth Space Charity registration number
1136913
Principal office
83 Geldeston Road London E5 8RS
The trustees
J Katz (Retired 25 April 2023) A Y Finkelstein J Wider Miss H Warfman (Retired 25 April 2023) C M Weiss (Appointed 25 April 2023)
Independent examiner
Mr Howard Schwalbe ACA 2nd Floor - Parkgates Bury New Road Prestwich Manchester M25 0TL