REACHING HIGHER
Roport and unaudlted Flnanclal Statements
For th• year ended 31 D•comber 2023
Charlty number 1137915
Company number 07266483

REACHING HIGHER
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
Contsnts
Pages
Legal and administrative information
Report of the trustees
Independent Examinerfs report
Statement of financial activities
Balance sheet
10
Cash Flow statement
11
Notes to Ihe financial statements
12-20

REACHING HIGHER
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr M Rufus
Mr V Thiyagarajah
Ms E Barlow
Ms R Jackson
Mr W Dalziel (resigned 12 December 2023)
Mr M King (resigned 17 July 2023)
Mr T Mcclymont (appointed 12 December 2023)
Mr D Gibson-white (appointed 3 August 2023)
Registered Office
Samuel Coleridge Taylor Centre
194 Selhurst Rd
London
SE25 6XX
Bankers
HSBC
54 Woodcote Road
Wallington
Surrey
SM6 ONJ
Independent examiner
Peninsula Accounting Ltd
84 Broad Walk
Blackheath
London
SE3 8ND
Charity number
1137915
Company number
07266483

REACHING HIGHER
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees present their report and financial statements for the year ended 31 December 2023.
Structure Governance & Management
Constitution
The Charty was established under a Memorandum of Associalion and is governed under its Articles of
Association. The Articles were amended on 25 November 2013 to change the charity name to Reaching
Higher (previously 'Reachin' Highef ).
Organisational Structura
The organisation is ultimatety managed by the Board of Trustees which oversees the work of Reaching
Higher. All major operational and strategic decisions are made by the Board who met five times during
the year either in person or via online conferencing.
Under the Articles, new Trustees are appointed by the Trustee Board and one-third of the members of
the Trustee Board (the longest serving) retire at each AGM but are eligible to be re-appointed if they
still qualify.
The Managing Director oversees the financial and practical running of the Charity, reporting to the
Trustees.
Trustees
Trustees, who are all directors of the company, were recruited based on their broad range of skills and
experience. They bring a wide range of experien￿ in working with young people on a professional
andlor voluntary basis. 28 /0 of the Board identify as female and 71 Ok identify as coming from Black or
other racial minorities.
The Trustees confinn that they have had due regard to the guidance issued by the Charity Commission
on public benefit when planning their objectives and activities for the year.
Risk Review
The Trustees consider all the major risks the charty is exposed to on an ongoing basis which are held
on a risk register. Specificalty of note, the TrUSt￿S have developed:
A funding strategy which seeks to avoid overreliance on any one source of funding. Reaching Higher
is developing diverse funding streams through a range of trusts, govemment agencies, corporate and
personal donors, as well as paid training and delivery contracts.
A Safeguarding Young People policy has been developed to protect the Charities, beneficiaries as well
as the Charty's volunteers. This policy ensures all volunteers and staff receive safeguarding training
and are subject to an enhanced DBS disclosure check.

REACHING HIGHER
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023
Annual Report of the Trustees
Overview and Context
Reaching Higher is a youth charity with a Christian ethos, focused on seNing young people of any or
no faith, and challenging them to be leaders of their own lives.
Reaching Higher has worked with young people with complex unmet needs in Croydon aged 1 (Y18
since 2004 and registered as a charty and company in 2010. The organisation was established in
response to the range of challenges faced by young people growing up in Croydon Borough, including
intergenerational poverty, violence, low educational outcomes, and social isolation.
Like many areas of social disadvantage, Croydon is known for its prevalence of gangs, violence, and
anti-social behaviour. Young people with complex unmet needs are at increased risk of Violen￿ and
exploitation as a result of their experiences of trauma and of household povety, especially if their school
attendance is irregular or if they have alreaty b￿n excluded from school.
Areas Of Work
Reaching Higher has two complementary areas of work:
Building strong trusting relationships with young people aged 10-18 who live andlor attend school in
Croydon, through school and communty-based activities. Across our activities we seek to offer
platforms where young people can make an impact and have their voices heard in their communty, as
well as prioritising strong intergenerational relationships and leaming.
Reaching Higher is currently working with seven secondary and three primary schools to provide a
range of opportunities for young people to develop their skills and improve their mental well-being.
These include in-school transferable skills workshops, after-school clubs and group and individual
mentoring schemes.
Our schools-based work is designed as a platform from which to signpost young people to Reaching
Higher's community-based programmes, and we have continued to see large numbers ofyoung people
attending our evening and school holiday activities after initialty encountering Reaching Higher in their
schools.
Reaching Higherfs community-based work encompasses four weekly youth hubs, four open-access
sports sessions and individual mentoring sessions. We also deliver all-day provision in the February
and October half terms and the August school holidays.
Building intentional p8rtnerships with a range of other organisations in Croydon working with young
people, including schools, alternative provision cenlres, Social Services, Youth Offending teams and
other voluntary and community organisations. We call this our '360 pastoral care, approach. Our
intention is to promote better understanding across partnerships of young people's lived experiences
and to challenge assumptions that are made about young people's n￿ds. We support young people
to articulate these needs themselves to improve the synergy between service providers and community
groups in Croydon. We aim to share learning, build capacity and improve practice so larger numbers of
young people are sustainabty engaged across multiple organisations.

REACHING HIGHER
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023
Vision, Mission, and Commitment to Young People
Vision
Reaching Higherfs vision is to S￿ wider communities working together to champion young people to
become leaders of change.
Mission
We are here to challenge young people to be leaders of their own lives within their place of influence.
We do this by adopting an asset-based approach, helping young people discover the transferable skills
they have developed as a result of their lived experience.
Our commitment to young people
At Reaching Higher we are committed to playing our part but recognise that we can't do this in isolation.
We believe in building strong and long-lasting relationships with young people to set firm foundations
in the years to come via our relational approach. With this in mind, we must collaborate well and
establish a united front with everyone who cares for young people and the communities they live in.
Quality Mark Ststus
We believe in the Importan￿ of holding credible qualty marks to ensure that our stsndards of service
both reflect best practi￿ and are widely recognised by others. We hold a Gold Status Trauma-lnformed
Quality Mark. London Youth recently reviewed their Quality Mark pro￿sseS and we renewed our
Bronze level award in 2023.
Growth In Leadership
Reaching Higher was estsblished by Mark and Sherise Hobbs as a small voluntsry community project
in 2004. Mark continued to lead the organisation in a voluntary capacty as Reaching Higher grew over
the following 18 years. When Mark stepped down as volunlary CEO in 2022, Jordan Ignatius, our
previous Head of Strategy & Operations, was appointed by the Trustees into the new role
of Managing Director. Jordan initially came to Reaching Higher as a young person, becoming first a
volunteer and then a staff member over a ten-year period.
More than half of our staff and volunteer team are now Reaching Higher alumni, modelling our desire
to empower young people lo be changemakers in their own communty.
In 2023 Reaching Higher appointed a part-time Executive Director to lead on organisational fundraising
and financial governan￿, releasing the Managing Director's time to focus on strategic growth and
partnerships. We also appointed a Senior Therapeutic Practitioner to lead on the implementation of
trauma-informed practice across the organisation, including the provision of clinical supervision for all
staff.
Key Highlights from 2023
Reaching Higher continued to experience rapid growth in 2023, with demand for young people's
services continuing to rise across Croydon. We have continued to expand the number of activities we
offer, as well as establishing new statutory and communty partnerships.
Activities
Following the success of our dropin Youth Hub on Thursday evenings, we launched a similar Friday
session in partnership with Woodside Baptist Church. We also launched a youth-led café on Monday
aftemoons in partnership with South No￿ood Communty Kitchen.
Our range of after-school clubs increased in 2023 to include multi-sports and boxfit, in addition to
football and creative arts.

REACHING HIGHER
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023
We launched a communty-based basketball project on Wednesday evenings in partnership with Harris
Academy South Norwood.
We began a formal partnership with Project 4 Youth Empowerment to increase the number of young
people mentored across Croydon, under the scale-up of the Mayor of London's New Deal programme.
Reaching Higher also tcx)k part in multi-site research trials with the Centre For Youth Impact which
enabled us to expand our communty-based formal mentoring, and partnered with Active Communities
Network to mentor small groups of young women. Over the course of the year 426 young people
received formal mentoring across these partnerships.
We held our first Easter residential camp since 2019 at White Moor Lakes centre in Litchfield, in
partnership with three Croydon churches.
We ran a one-week work experience scheme in July 2023 for nine young people from local schools.
We ran our school holiday provision 'RH Hangouts, in February and October half temis and for four
weeks in the summer holidays, engaging more than 530 young people. During the summer we were
able to offer paid work experience to four of our older young people who supported the various activities
each day.
Reaching Higher held our second Community Meal in December 2023 which was attended by over 200
people.
Over the past year at Reaching Higher we have strengthened our Youth Board which has continued to
meet monthly to review and provide feedback on our programmes and direction.
Team Growth
Our team grew from 15 paid staff to 19 in 2023, including the C￿atIon of two internship roles. For one
of these roles, a former Servi￿ user successfulty applied.
Increased Reach
Number of sessions in schools - 790
Number of sessions in the community - 531
Number of contact hours in schools - 8990.42
Number of contact hours in the communty - 35653.42
Number of unique young people engaged through schools - 1493
Number of unique young people engaged through communty - 1569
These numbers reflect a 610/0 increase in contact hours overall, and an increase of 290h in the numbers
of young people engaged.
Embedding Trauma-lnfonned Practice
Reaching Higher continued to implement weekly reflective practi￿ spa￿S for our delivery team. in
addition to initiating formal clinical supervision facilitated by our Senior Therapeutic Practttioner.
Our safeguarding approach has continued to develop over the last year in response to increasing levels
of need, in particular the increase in contextual safeguarding risks. In recognition of our expertise,
Reaching Higher's team is regularly called upon to take part in Child In Need and Child Protection
planning meetings, as well as school exclusion panels.
Initiation of Research
Reaching Higher negotiated with the Directorate of Croydon Council to cary out a pilot piece of
research in early 2024, which is focused on improving synergy between statutory services and the
voluntary and communty sector in the Borough.

REACHING HIGHER
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023
What Young People, Partners and ParentslGuardians Say About Reaching Higher:
"The work that you have done with (Child A) has l)een so good... you have been loyal to him throughout
the journey, and he is aware of it. (Child A) has drastically improved... Thank you for sticking with him
and being the best mentor that he could possibly imagine having." (Social Worker)
'I'm happy to be here because of all the effort and support they give to us. It helps us make sure we
are heard and that our opinions do matter. I m also happy to be here because I get a good mix of
leaming how to improve and enjoying my football". (Young Person)
.1 like it because it has Ghanged my perspective on a lot of things. It has helped me open up a lot
when it comes to my feelings because a lot of the things I never thought I would be able to speak
about, I've done a bit better when it ccynes to doing it." (Young Person)
°School started to become more ofa happy pla￿ for me as I looked forwa￿ to having the sessions."
(Young Person)
.1 have been consistently impressed with the quality youth wort(ers and mentors that fonn part of th8
RH family. It is for this reason that I will continue to send my children to them and support them in any
way I can. They are the real deal and have an authentic commitment to the children and young
people they se￿8." (Parent)
Financial Review
In this year Reaching Higher had incoming resources of £957,475 (2022 £781,046) against
expenditure of £877,781 (2022- £625,102). The net surplus for the yearwas £79,695 (2022- £155,944)
and the totsl reserves at the end of the financial year were £667,187 (2022 - £587.492).
Reaching Higher wishes to thank individuals, companies and grant funders for their support in funding
the work of the charity during the year.
Our grant funders in 2023 included:
The Paul Hamlyn Foundation, the Berkeley Foundation, the London Marathon Foundation, the Hodge
Foundation, Greater London Authorrty New Deal Fund and New Deal Uplift Fund, the Mayor of London's
Violence Reduction Unit, Centre for Youth Impact, the William Wates Memorial Trust, SF)Ort England.
BBC Children in Need, the Jack Petchey Foundation, City Bridge Trust, Henry Smith Charity, London
Youth, the Rank Foundation, National Lottery Reaching Communities Fund, Croydon Council Holiday
Activities Fund, the Taylor Family Foundation. SYP Trust, Souter Trust, the Caring Family Foundation,
the Ubele Initiative Enterprise Development Programme, the Laureus Sport For Good Foundation,
R&Co4Generations, Croydon Voluntary Action Local Commissioning Fund, Oasis Charitable Trust, the
Rayne Foundation and the Active Communities Network.
Reserves policy
The Trustees, policy is to ensure there are sufftient unrestricted reserves to meet the Company's
current commitments with an intention that there should be three to six months of total expenditure
covered by unrestricted reserves. The trustees acknowledge the social impact of ceasing projects
through lack of funding. Our beneficiaries are often the victims of inconsistent support and presen￿ in
their lives. Our goal is to be a sustained consistent voice of hope in their lives which can be chaotic. To
manage this risk, the trustees seek to ensure sufficient unrestricted funding is available to maintain
successful projects through any periods where for any reason funding has been cut and we are in the
process of securing further funding for that programme.

REACHING HIGHER
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023
Trustees, responsibilities for the financial statements
The Trustees (who are also directors of Reaching Higher for the purposes of company law) are
responsible for preparing the Trustees, Report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial year which give
true and fair view of the state of affairs of the charitable company and of the incoming resources and
application of resources, including the income and expenditure, of the charitable company for that year.
I n preparing these financial statements, the Trustees are required to:
select suitable accounting policies and appty them consistently",
obseNe the methods and principles in the Charities SORP",
make judgements and estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial slatements.
prepare the financial statements on the going concem basis unless it is inappropriate to
presume that the charitable company will continue its operations.
The Trustees are responsible for keeping adequate accounting records which disclose with reasonable
accuracy the financial position of the charitable company and enable them to ensure that the financial
ststements comply with the Companies Act 2006. They are also responsible for safeguarding the assets
of the charitable company and hence for taking reasonable steps for the prevention of fraud and other
irregularities.
This report has been prepared in accordan￿ with the Statement of Recommended Practice:
Accounting and Reporting by Charities (revised 2005) and in accordan￿ with the special provisions of
Part 15 of the Companies Act 2006 relating to small enlities.
Approved by the Trustees on Iq July 2024
and signed on their behalf by: Name
Signature

REACHING HIGHER
INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2023
I report to the charty trustees of Reaching Higher (charity number 1137915, Company number 07266483) on
my examination of the accounts of the Company for the year ended 31 December 2023 set out on pages 9 -
20.
Responsibilities and basis of the report
As the charty's trustees of the Company {who are also the directors of the company for the purposes of
company law), you are responsible for the preparation of the accounts in accordance with the requirements
of the Companies Act 2006 (°the 2006 Act.).
Having satisfied myself that the accounts of the Company are not required to be audited for this year under
Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of
your charity's accounts as carried out under section 145 of the Charities Act 2011 (Yhe 2011 Act">. In carying
out my examination, I have followed the Directions given by the Charity Commission (under section 145{5)(b)
of the 2011 Act.
Independent Examiner's Ststsment
The charity's gross income exceeded £250,000 and l am qualified to undertake the examination by being a
qualified member of the Institute of Chartered Accountants in England and Wales (ICAEV¥9.
I have completed my examination. I confimi that no material matters have come to my attention which give8
me cause to believe that:
accounting records were not kept in accordance with section 386 of the Companies Act 2006. or
• the accounts do not accord with such records; or
. the accounts do not comply with relevant accounting requirements under section 396 of the
Companies Act 2006 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; or
• the accounts have not been prepared'in ac¢ordahce with the Charities SORP (FRS102).
I have no concerns and have come across rro 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.
Name:
Signed:
Georgina Schoeb FCA
Relevant professional qualffication or body: Chartered accountant (ICAEW)
Address:
Peninsula Accounting Ltd
84 Broad Walk
London
SE3 8ND
Date:
21 July 2024

REACHING HIGHER
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023
(INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT)
Notes Unrestricted Restricted
funds
funds
Year to
31/12/23
Year to
to 31/12/22
Income:
Donations and grants
Income from charitable activities
Investment income
11,230
11,230
1,889
Total income
866 512
957 475
781046
Expenditure
Costs of raising funds
Expenditure on charitable activities
1,276
1,276
876 505
7,916
617
823 376
Total expenditure
823 376
877 781
625 102
Net transfer between funds
18
Net incomel(expenditure) and net
movement in funds for the year
18
36,559
43,136
79.695
155,944
Reconciliation of funds
Total funds brought fO￿ard
19
386 883
200 609
587 492
431
Total funds carried forward
19
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activilies.

REACHING HIGHER
BALANCE SHEET AS AT 31 DECEMBER 2023
Company no: 07266483
Notes
2023
2022 Reinstated
Fixed assets
Tangible assets
Total Fixed Assets
15
3.070
3.070
4,294
4,294
Current assets
Debtors
Cash at bank and in hand
Totsl Current Assets
16
2,741
742 312
745,053
16,083
647 527
663,610
Liabilities
Creditors: amounts falling due within
one year
17
(80 413}
Net current assets
583 197
Totsl assets less current liabilities
Net Assets
The funds of the charity
Unrestricted funds
Restricted funds
19
19
423,442
243 745
386,883
200 609
Total funds
These accounts have been prepared in accordance with section 398 of Ihe Companies Act 2006 and section
138 of the Charities Act 2011. These accounts are prepared in accordan￿ with the special provisions of Part
15 of the Companies Act relating to small companies and constitute the annual accounts required by the
Companies Act 2006 and are for circulation to members of the company.
The directors are of the opinion that the company is entitled to the exemptions from audit conferred by section
477 of the Companies Act 2006 for the year ended 31 December 2023.
The directors confinn that no member or members have requested an audit pursuant to section 476 of the
Companies Act 2006.
The notes on pages 12 to 20 form part of these accounts.
Approved by the Trustees on Lq July 2024
and signed on their behalf by: Name
Signature
10

REACHING HIGHER
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2023
Notes
2023
2022
Cash provided by (used in) operating activities
20
109 569
124,659
Cash flows from investing activities
Interest income
Purchase of tangible fixed assets
Cash provided by (used in) investing activities
(14,786)
(208)
Cash flow5 from financing activities
Repayment of borrowing
Cash used in financlng actlvltles
Increase (decrease) in cash and cash
equivalents in the year
94,783
124,451
Cash and cash equivalents at the
beginning of the year
647,529
523,078
Total cash and cash equivalents at the
end of the year
742 312

REACHING HIGHER
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
1 ACCOUNTING POLICIES
The principal accounting policies adopted, judgements and key sources of estimation
uncertainty in the preparation of the financial statements are as follows:
a) Basis of preparation
The financial statements have been prepared in accordance with Accounting and
Reporting by Charities: Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable
in the UK and Republic of Ireland {FRS 102) (effective 1 January 2015) - (Charities
SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic
of Ireland {FRS 102) and the Companies Act 2006.
Reaching Higher meets the definition of a public benefit entity under FRS 102. Assets
and liabilities are initially recognised at historical cost or transaction value unless
otherwise stated in the relevant accounting policy note(s).
b) Reconciliation with previous Generally Accepted Accounting Practice
In preparing the accounts, the trustees have considered whether in applying the
accounting policies required by FRS 102 and the Charities SORP FRS 102 the
restatement of comparative items was required. No items were identified which needed
restatement and there was therefore no need to present a reconciliation of opening
balances.
c) Preparation of the accounts on a going concem basis
The charty is considered to be a going concem based on Ihe existing level of reseNes
and expected future income.
d) Income
Income is recognised when the charity has entitlement to the funds, any performance
conditions attached to the item(s) of income have been met, it is probable that the
Income will be received, and the amount can be measured reliably.
Income from govemment and other granls, 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 met, it is probable that the income will be received, and
the amount can be measU￿d reliably and is not deferred. Where grant instalments have
not yet been received but where the activty has been completed. income will be
recognised in the accounts.
For legacies, entitlement is taken as the earlier of the date on which either: the charity is
aware that probate has been granted, the estate has been finalised and notification has
been made by the executor(s) to the Trust that a distribution will be made, or when a
distribution is received from the estate. Receipt of a legacy, in whole or in part, is only
considered probable when the amount can be measured reliably and the charity has
been notified of the executorfs intention to make a distribution. Where legacies have
been notified to the charty, or the charty is aware of the granting of probate, and the
criteria for income recognition have not been met, then the legacy is a treated as a
contingent asset and disclosed if material.
12

REACHING HIGHER
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
e.) Donated ServI￿S and facilities
Donated professional services and donated facilities 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 economic benefft from the use by the charity of the item is
probable and that economic benefit can be measured reliably. In accordance with the
Charities SORP(FRS 102), general volunteer time is not recognised, and more
information is given about their contribution in the trustees, annual report.
On receipt, donated professional services and donated facilities are recognised on the
basis of the value of the gift to the charity which is the amount the charity would have
been willing to pay to obtain services or facilities of equivalent economic benefit on the
open market; a corresponding amount is then recognised in expenditure in the period of
receipl.
fj Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be
measured reliably by the charity; this is nomially upon notification of the interest paid or
payable by the Bank.
g) Fund accounting
Unrestricted funds are available to spend on activities that further any of the purposes of
charity. Designated fvnds are unrestricted funds of the charity which the trustees have
decided at their discretion to set aside to use for a specific purpose. Restricted funds are
donations which the donor has specified are to be solely used for particular areas of the
charity's work or for specific artistic projects being undertaken by the charity.
h) Expenditure and irrecoverable VAT
Expenditure is recognised once there is a legal or constructive obligation to make
payment to a third paty, it is probable that settlement will be required and the amount of
the obligation can be measured reliably. Expenditure is classified under the following
activity headings:
Costs of raising funds includes the costs of fundraising events and stsff costs
associated with fundraising such as bid writing.
Expenditure on charitable activities includes the costs of running mentoring
projects, community projects, residential camps and other educational activities
undertaken to further the purposes of the charity and their associated support
costs.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was
incurred.
j) Allocation of support costs
Support costs are those functions that assist the work of the charity but do not directly
undertake charitable activities. Support costs include back office costs, finan￿,
personnel, payroll and governan￿ costs which support the charity's programmes and
activities.
13

REACHING HIGHER
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
These costs have been allocated between cost of raising funds and expenditure on
charitable activities. The bases on which support costs have been allocated are set out
in note 9.
k) Tangible fixed assets
Individual fixed assets costing £100 or more are capitalised at cost and are depreciated
over their estimated useful economic lives on a straight-line basis as follows:
Asset Category Annual rate
Office equipment and fumiture 33%
l) Debtors
Trade and other debtors are recognised at the settlement amount due after any trade
discount offered. Prepayments are valued at the amount prepaid net of any trade
discounts due.
m) Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments
with a short maturity of three months or less from the date of acquisition or opening of
the deposit or similar account.
n) Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation
resulting from a past event that will probably result in the transfer of funds to a third party
and the amount due to settle the obligation can be measured or estimated reliably.
Creditors and provisions are normalty recognised at their settlement amount after
allowing for any trade discounts due.
o) Financial instruments
The trust only has financial assets and financial liabilities of a kind that qualify as basic
financial instruments. Basic financial insttuments are initially recognised at transaction
value and subsequently measured at their settlement value with the exception of bank
loans which are subsequently measured al amortised cost using the effective interest
method.
p) Pensions
As part of our commitment to workplace pensions, employees of the charity are invited to
either choose the NEST defined contribution pension scheme or select the Hargreaves
Lansdown Vantage Self Invested Personal Pension Scheme. Either option is jointly
funded by contributions from employee and employer.
The employerfs contributions made in 2023 were £29,316 (2022: £13,408) with an
employerfs contribution rate of 5 % of pensionable pay and an employee's contribution of
5 % of pensionable pay. The trustees continue to monitor employee and employer
contribulion rates.
14

REACHING HIGHER
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
s) Transition to FRS 102
No restatement of items has been required in making the transition to FRS 102. The
transition date was 1 January 2022.
2 LEGAL STATUS OF THE TRUST
The Trust is a company limited by guarantee and has no share capital. In the
event of the charity being wound up, the liability in respect of the guarantee is
limited to £10 per member of the charty.
3 FINANCIAL PERFORMANCE OF THE CHARITY
The summary financial performance of the charity is:
2023
2022
Income
957,475
781,046
Expenditure on charitable activities
(877,781)
(625,102)
Net incom8
Total funds brought forward
Total funds carried forward
79,695
587 492
667,187
155,944
587,492
Represented by:
Restricted income funds
Unrestricted income funds
243,745
423 441
667,187
200,609
587,492
4 INCOME FROM DONATIONS AND GRANTS
2023
2022
Donations
15,875
11,668
Grants
872912
593 373
888,787
605,041
The income from donations and grants was £887,787 (2022: £605,041) ofwhich
£22,275 was unrestricted {2022: £52,847) and £866,512 was restricted (2022=
£552,194).
The charty beneffts greatly from the involvement and enthusiastic support of its many
volunteers, details of which are given in our annual report. In accordan￿ with FRS 102
and the Charities SORP (FRS 102), the economic contribution of general volunteers is
not recognised in the accounts.
15

REACHING HIGHER
NOTES TO THE ACCOUNTS FOR THE YEAfi ENDED 31 DECEMBER 2023
5 INCOME FROM CHARITABLE ACTIVITIES
unrestn.cted Restricted
funds
funds
Total
2023
Total
2022
Income from contracts
Other Operating Income
52,130
52,130 172,466
6 INVESTMENT INCOME
All of the charity's investrnent income of £11,230 (2022: £1,889) arises from money held in
interest-bearing deposit accounts.
7 ANALYSIS OF EXPENDITURE ON CHARITABLE ACTivrriES
Schools Community
Home
Total
Project delivery
7,808
152,106
27,766
187,680
Depreciation
2,390
1,912
478
4,780
Staffing including Training
299,905
239,924
59,981
599,810
Support costs (see note 9)
39,769
32,001
7,954
79,724
Governance costs (see note 9)
2,255
1,804
451
4,511
Total
352,128
427,748
96.630
876,505
Expenditure on charitable activities was £876,505 (2022.. £617,186) of which £53,129 was
unrestricted (2022: £100,478) and £823,376 was restricted (2022: £516,708).
8 Summary analysis of expenditure and related income for charitable activities
This table shows the cost of the thr& main charitable activities and the sources of income
directly to support those activities.
Schools
Community
Home
Totsl
Costs
Direct grant support
(352,128)
352,128
(427,748)
410,268
(96,630)
87,291
(876,505)
849,687
Net costs funded from other
income
{17,479)
{9,339)
(26,818)
16

REACHING HIGHER
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
9 ANALYSIS OF GOVERNANCE AND SUPPORT COSTS
Support
Governance
Total
Basis of
apportionment
Office costs &
administration
79,724
79,724
Support
Insurance
3,011
3,011
Governance
Independent examination
1,500
1,500
Governance
Totsl
79.724
4.511
84.235
10 NET INCOMEI(EXPENDITURE) AFTER CHARGING:
This is stated after charging:
2023
2022
Depreciation
Accountancy services
4,780
5,958
18,018
14,283
11 ANALYSIS OF STAFF COSTS, TRUSTEE REMUNERATION AND EXPENSES, AND
THE COST OF KEY MANAGEMENT PERSONNEL
2023
2022
Salaries and wages
494.488
379,988
Social securlty costs
44,692
32,628
Pension costs
29,316
17,252
Total
568.496
429.868
No employees had employee benefits in eX￿sS of £60,000 (2022: £nil). Pension costs are
allocated to activities in proportion to the related staffing costs.
The charity trustees were not paid or received any other benefits from employment with the
Trust or its subsidiary in the year (2022: £nil) neither were they reimbursed expenses during
the year (2022: £nil). No charty trustee received payment for professional or other services
supplied to the charity (2022: £nil).
17

REACHING HIGHER
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
The key management personnel of the charity comprise the Irustees and the Chief Executive
Officer who acts in a part time voluntary capacity. The total employee benefits of the key
management personnel of the Trust were £nil (2022: £nil).
12 STAFF NUMBERS
The average monthly head count was 18 staff (2022: 17 staffj and the average monthly
number of full-time equivalent employees (including part-time staffj during the year were as
follows:
2023
Number
2022
Number
Schools
Community
Support and Governance
Total
10
18
17
13 RELATED PARTY TRANSACTIONS
No Trustees gave personal donations, but William Dalziel's family foundation {54".2
Foundation) gave £500 towards Summer Blitz via the Big Give online campaign and a
separate £5,000 towards Ihe building project fund. The charity has no other related paty
transactions which require disclosure under FRS102.
14 CORPORATION TAX
The charity is exempt from tax on income and gains falling within section 505 of the Taxes
Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that
these are applied to its charitable objects.
15 TANGIBLE FIXED ASSETS
Fixtures &
Equipment
Total
Cost
At 1 January 2023
Additions
Disposals
At 31 December 2023
17,875
3,556
17,875
3,556
Depreciation
At 1 January 2023
For the year
Adjustments for disposals
At 31 December 2023
13,581
4,780
13,581
4,780
Net book value
At 31 December 2023
At 31 DeGember 2022
18

REACHING HIGHER
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
16 DEBTORS
2023
2022
Trade debtors
Prepayments
2,741
16,083
17 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Taxation and social security
Accruals
Deferred Income
27,813
1,155
13,801
3,468
18 ANALYSIS OF CHARITABLE FUNDS
Balance at
01.01.2023
Incoming
resources
Resources
Balance at
expended Transfers 31.12.2023
General fund
386,883
90,964
(54,405)
423,441
Restricted funds
Core Funding
Creative Media
Mentoring
Leadership &
Volunteering
Restricted Funds Total 200,609
85,804
3,627
63,125
48,053
469,173 (430,821)
124,156
3,627
65,082
48,053
316,377 (314,420)
73,689
(53,846)
866,512 (823,376)
243,745
Core funding relates to funding designated towards the core activities of the organisation.
Creative Media relates to projects associated with media and youth voice.
Mentoring relates to the mentoring project and includes full circle from the previous year.
Leadership & Volunteering relates to our Forerunners and Leaders In Training programme
which develops leadership skills in young people aged 13-21.
19 ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted Restricted
funds
funds
Total
2023
Total
2022
Tangible fixed assets
Current assets
Current liabilities
3,070
420,948
576
3,070
4,294
745,053
663,613
80 936) (80 413)
324,105
19

REACHING HIGHER
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
20 RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM
OPERATING ACTIVITIES
2023
2022
Net movement in funds
Add back depreciation charge
Deduct interest income
Decrease/{increase) in debtors
Increasel(decrease) in creditors
Net cash used in operating activities
79,695
4,780
11,230
13,340
524
155,944
5,958
(1,889)
(16,083)
{19,271)
20