Company registration number: 07313040 Charity registration number." 1138554 Doncaster Housing for Young People Ltd (A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 March 2025 Crozier Jones LLP Chartered Certified Accountants and Registered Auditors 9113 Thome Road Doncaster South Yorkshire DN12HJ
Doncaster Housing for Young People Ltd Contents Trustees, Report 1tog Statement of Trustees, Responsibilities 10 Independent Examinerfs Report 11 to12 statement of Financial Activities 13to14 Balance Sheet 15to16 Notes to the Financial Statements 17to32
Doncaster Housing for Young People Ltd Trustees, Report The trustees, who are directors for the purposes of company law, present the annual report together with the fi'nancial statements of the charitable company for the year ended 31 March 2025. Objectives and activities Objects and alms The Charity delivers services that reflect its mission and are in line with its objectives- to advan the interests of young people between the ages of 16-25 in Doncaster and surrounding areas who are homeless, vulnerable to homelessness, or inadequately housed, by providing accommodation, advice, services and support. Our services are designed to work together as a coordinated package, helping young people facing homelessness to overcome barriers and move toward achieving their full potential. Our initiatives include Supported Lodgings, Floating Support, Shared Supported Housing, Counselling & Wellbeing, a Progressions programme, and an Employment Skills Project. Through these, young people can build new skills and gain meaningful volunteering experience. Preventing homelessness remains a key focus for us, and we also run an educational programme that raises awareness of the realities of homelessness with young people in schools and colleges across Doncaster. Many of the young people we work with are parents themselves, which means our support often benefits generations at once. By focusing on homelessness prevention, we help young people avoid falling into unstable lifestyles and the challenges that can come with them such as poverty, poor health, and social isolation. Our work also extends more broadly, offering help with building vital life skills and connecting young people to other services, including specialist support for mental health. Over the past year. we have expanded our wellbeing offering to include outreach wellbeing work. In 2024-25, 62 young people improved their wellbeing, including 35 who accessed counselling, 22 through outreach, and 19 at the weekly Wellbeing Hub. The service delivered over 1,000 hours of counselling and wellbeing support, addressing anxiety, isolalion, and resilience. Ten young people who completed support showed significant improvement in wellbeing on the SWEMWBS scale. As one young person explained: "In the counselling, I could bring up anything and actually speak about it rationally and come to a conclusion.. Another added. We're all similar in a way. We've all been through different things but can relate to each other... It has improved my lifel" In 2024-25, 14 young people accessed DHYP'S Supported Housing across shared houses, offering six bedspaces. Each resident had a private bedroom with shared facilities and a tailored support plan to build life skills and independence. Outcomes included improved wellbeing, finances, friendships, and readiness to move on, with many progressing to social housing tenancies. As one young person said.. "I have a nice home and feel safe, I have really nice new friends and support from DHYP. Another reflected. It has allowed me to develop my character without fearf,. Page 1
Doncaster Housing for Young People Ltd Trustees. Report ObJ8Ctives, strategies and activities Involving Young People Young people play a central role in shaping and reviewing our services, ensuring they remain relevant, effective, and truly client led. We also continued our Client Scrutiny arrangements, giving young people the opportunity to examine and influence key areas of DHYP'S work. For example, they reviewed DHYP'S Move-on Preparation Programme and Performance report. "l enjoyed giving constructive criticism to help DHYP" Collaboration We work closely with a range of statutory and voluntary organisations across Doncaster and regard effective collaboration as crucial to maximising our impact. There is a thriving voluntary, community, and faith sector in Doncaster, doing vital work in the community. Through collaboration across all these sectors, we can extend the reach of our services and provide learning and volunteering opportunities for young people. Pictured.. Young people reading a collaborative poem at our annual event Public benefit When planning the activities for the year the trustees have considered the Charity Commissions guidance on public benefit. The activities described above, and achievements and future plans outlined elsewhere in this report deliver positive change to a large number of young people and to the community in general, and thus deliver public benefit. The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidan published by the Charity Commission for England and Wales. Page 2
Doncaster Housing for Young Peopla Ltd Trustees. Report Achlevements and perforniance During the year, we provided a range of commissioned and non-commissioned services, funded through a blend of contract and grant funding. Through our housing-related support contract with Doncaster Council, we provide supported lodgings and fl08ting support services, underpinned by a range of performance indicators measuring the impact of our work. Our supported lodgings Servi prepares young people for independent living, with 93.80/0 of clients successfully moving on from the service during the year, with an average length of stay of 9 months. Our floating support service helps young people set up and sustain a tenancy, with 100 % of clients successfully engaged with the service during 2024-25. At any one time, there are around 45 young people in supported lodgings or on floating support. Within our grant-funded projects, we have a range of performance tsrgets to assess the impact of our work, including.. 1. 54 young people supported to find a home 2. 18 young people volunteered in the community or gained workplace experience 3. 18 young people accessed training, education andlor employment 4. 24 young people engaged with the Future Pathways project 5. 35 young people involved in client engagement activities 6. 198 young people took part in homelessness prevention sessions in sch¢)ols and colleges 7. 487 one-tOne counsellinglwellbeing sessions provided 8. 396 client hours of wellbeing support provided at the Wellbeing Hub 9. 460 clients hours of wellbeing supported provided through our new Outreach Wellbeing Service 10. Over 200 young people received advice and guidance on housing matters Behind the statistics are personal stories of individual young people and lives transformed. We measure how clients are doing through our Theory of Change, focusing on the client journey and supporting young people to achieve their potential. "The open-door pollcy means you can come and go anytime for food, fun, and good times. You can chat with like-minded people and enjoy a different activity every week." Volunteering Throughout the year, we have received voluntary support in many fonns. This includes from student volunteers on placements who have carried out administrative and research roles at DHYP and from our Volunteer Counsellors and Wellbeing Coaches who conduct weekly Counselling and Wellbeing Sessions with our clients. We have also reiVed corporate support from local businesses, such as EE, to clean and decorate our shared accommodation. In addition, DHYP clients have engaged in various volunteering endeavours, including tidying of outdoor areas and event preparations at a local Scout Club, making and delivering hampers in the local community and providing assistan at events held by DHYP. In total for 2024-25, we received 912 hours of support from volunteers. Page 3
Doncaster Housing for Young People Ltd Trusteas, R8POrt Appreciation Trustees would like to express their appreciation to staff, volunteers, and supported lodgings hosts, along with the many funders, stakeholders, companies, and individuals who supported aur vital work throughout the year. In October 2024, DHYP held an annual celebration "Young people, our future" where we welcomed our new patrons Salty Jameson MP and Lee Pitcher MP. We would like to extend a special thank you to our patrons, who handed out the appreciation certificates to our young people. We were also honoured to be selected as Togel Contractors's Charity of the Year in 2024 and are extremely grateful for the generous support we receive from the business sector in Doncaster. TOGEL pARCIAIS CONT AA¢TORS C011114<foRS I i.r¢o BUILPIHOam SOLID F io Pictured., Andrew Hope, Project Worker, CEO Michele Beck and Richard List of Togel Contractors. Financlal revlew Total incoming resources from donations, charitable activib'es, investment and other income for the year ended 31 March 2025 was £460,000 (2024: £393,571)., an increase of approximately £65,000, as a result of a £90,000 increase in grant funding, including a £75,000 grant towards the purchase of a new property but a £25,000 decrease in donations. Total expenditure for the year ended 31 March 2025 was £396,245 (2024.. £355,169)., an increase of £41,000, mainly in increased employment costs. The increase in income and in expenditure to a lesser degree, resulted in a surplus of income over expenditure of £63,755, compared to £38,402 in 2024. Page 4
Doncastar Housing for Young People Ltd Trustees, Report Policy on reseThes At the year end total reserves carried forward were £308,822 made up of £123,077 restricted funds and £185,745 unrestricted funds of which £95,450 were designated. (2024: Total funds of £245,067 including £70,030 restricted and £175,037 unrestricted funds of which £72,516 were designated). Totsl funds include £87,597 which could only be realised by disposing of fixed assets. The charity's unrestricted free reserves at 31 March 2025 were £2,698 (2024.. £102,365). The organisation seeks to maintain reserves equivalent to three months, expenditure, based on anticipated expenditure and considering any outgoings of a oneff nature, such as capital spending, which might distort the day-to-day expenditure of the organisation in determining the appropriate level of reserves. This equates to a current reserve target of £98,000. Any funds beyond this level with be allocated towards service delivery Including, but not limited to, the purchase, improvement or development of property to be used for client accommodation. In line with Charity Commission expectstions, the Reserves Policy will be published on DHYP'S website. Residential Property Assets. As highlighted in Section 2 of this policy, the Charity Commission specifies that tangible fixed assets, such as land and property, should not be classed as reserves. DHYP holds an interest in two residential properties as follows.. At 31 March 2025 the charity had one wholly owned residents'al property,included in the fi'nancial ststements at depreciated cost of £87,480 and valued at £132,000. Another residential propety (subject to loan finance) which benefi'tted from a grant of £75,000 was purchased after the year end. These assets will not be included in the reserves assessment, but they represent a tangible asset that can be referenced in wider financial planning. Funds generated beyond the reserves requirement will be set aside to fund service delivery, including the purchase of another property to provide client accommodalion. The level of unrestricted reserves at 31 M8rch 2025 was above the 3-month expenditure target but signifi'cant proportion of these reserves was designated for the purchase and renovation of a further property in Doncaster to provide much-needed, good quality shared accommodation. The purchase of this property was completed in the current financial year. Designated funds have also been set aside to cover expected unfunded expenditure on the Wellbeing Project next year. The designation of funds for the propety purchase and renovation in 202512026 means that the free reserves of £2,698 are considerably below the reserves target. The unrestricted reserves were depleted during the year by the repayment of a loan on a previously restricted property from unrestricted reserves. The property has now been reclassified as an unrestricted asset following the repayment of the associated loan and the subsequent removal of the restriction. Although free reserves are low, the trustees consider that the charity has suffi'cient cash to operate as planned, because part of the planned property purchase and renovation has been funded by a loan to be repaid over six years from February 2026 which will then be funded from rents reiVed from the property. Page 5
Doncaster Housing for Young People Ltd Trustees. Report Princlpal funding sources Our floating support and supported lodgings services are commissioned by Doncaster Council. and we receive funding from a range of other organisations for the non-commissioned services we provide. During 2024-25, funding and grants We gratefully reiVed from the following organisations: 1. Doncaster Council 2. National Lottery Community Fund 3. The Postcode Lottery 4. Lloyds Bank Foundation 5. The Charles & Elsie Sykes Trust 6. The Oliver Borthwick Memorial Trust 7. DCLT 8. Places for People We also received donations from a range of companies and individuals, including a significant donation from Togel Contractors. We continued our working relationship with Sheffield Hallam University and Doncaster College providing work placements for students undertaking Social Work, business, counselling and criminology studies. These pl8MentS give students vital workplace experience and enrich DHYP through the ideas and initiatives they bring to the organisation. Plans for future perlods Alms and key objectlvos for future periods As noted elsewh8re in the trustee report, after the end of the period the charity purchased a further property in Doncaster. The short tem plan is to renovate the property for rental to provide much-needed, good quality shared accomodation, and to support a greater number of young people across all our services. Structure, governance and management Nature of governing document Doncaster Housing for Young People Limited is a company limited by guarantee (company registration number 7313040), incorporated on 13th July 2010. On 1st April 2011 the company acquired the assets and liabilities of Doncaster Housing for Young People, an unincorporated charity founded in 1993, and has carried on the activities in succession to that charity since that date. The company is a registered charity (registration number 1138554>. Recrultment and appolntment of trustees In accordance with the charity's constitution new trustees are appointed by the existing board of trustees. The trustees regularly review the composition of the board and ¢ruit new trustees in the light of skills and experience required and available. Page 6
Doncaster Housing for Young People Ltd Trustees. Report Organisatlonal structure The overall management and governance of the Charity is carried out by a committee of trustees who are also the directors. The Charity employs a Chief Executive Officer and an operational team to manage all day-to-day operational activities and service provision. The trustees have responsibility for ensuring the Charity is properly funded through grants and other means and that the services we provide and deliver are for the public benefit in line with our obligations as a charity. The Charity is not allowed to be insolvent and is subject to annual examinations by independent examiners. Risk Management We take a pro-active approach to the management of risk and have developed a comprehensive strategic Risk Register which is reviewed by the Board of Trustees on a quarterly basis, with 8 range of mitigations in place to manage those risks. For example, a loss of funding is a risk that many charities face and we have put in place an income diversification plan to mitigate that risk and reduce our relian on individual sources of income. We manage a range of other risks, including risks relating to health & safety, staff retention, data protection and social media. Page 7
Doncaster Housing for Young People Ltd Trustees. Report Reference and Admlnistrative Details Trustses Ms J F Gladden Mr J Jackson Ms A L Poxton Mrs N V Bowler-smith Mr M C Bnnan Mr J P Norman (appointed 24 June 2024) Mrs P L Rylatt (appointed 24 June 2024) Senior Managemant Team Ms M Beck, Chief Executive Offi'cer Ms A S Mckenzie, Client Services Manager Princlpal Offlce Doncaster Foyer Chequer Road Doncaster South Yorkshire DN12A4 The charity is incorporated in England & Wales. Company Regi8tratlon Number 07313040 Charlty Registratlon Number 1138554 Bankers Virgin Money 19 St Sepulchre Gate Doncaster South Yorkshire DN1 1SJ Independent Examiner Crozier Jones LLP Chartered Certified Accountants and Registered Auditors 9113 Thorne Road Doncaster South Yorkshire DN12HJ Independent Examiners Crozier Jones LLP offer themselves for reappointment as Independent Examiners. Small companies provlslon statement This report has been prepared in accordance with the small companies regime under the Companies Act 2006. Page 8
Doncastsr Housing for Young People Ltd Trustees, Report The annual report was approved by the trustees of the charity on 17 November 2025 and signed on its behalf by.. Ms A L Poxton Trustee Mr M C Brennan Trustee Page 9
Doncaster Housing for Young People Ltd Statement of Trustees. Responsibilities The trustees (who are also the directors of Doncaster Housing for Young People Ltd for the purposes of company law) are responsible for preparing the trustees, report and the financial statements in accordan with the United Kingdom Accounb'ng Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulats'ons. Company law requires the trustees to prepare financial ststements for each financial year. Under company law the trustees must not approve the fi'nancial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of ils incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to.. select suitable accounting policies and apply them consistently., observe the methods and principles in the Charities SORP 2019 IFRS102); 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 statements,. and prepare the financial statements on the going Conrn basis unless it is inappropriats to presume that the charitable company will conts'nue in business. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the trustees of the charity on 17 November 2025 and signed on its behalf by.. Ms A L Poxton Trustee /,JJ.'1*7 Mr M C Brennan Trustee Page 10
Doncastsr Housing for Young People Ltd Independent Examinerfs Report to the trustees of Doncaster Housing for Young People Ltd I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 March 2025 which are set out on pages 13 to 32. Réspective responsibllltles of trustees and examiner As the charity's trustees of Doncaster Housing for Young People Ltd (and also its directors 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 Acr). Having satisfied myself that the accounts of Doncaster Housing for Young People Ltd are not required to be audited 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 ('the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under sectson 145(5)(b) of the 2011 Act. Independent examlner'8 Statement Since Doncaster Housing for Young People Ltd's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the Association of Chartered Certified Accountsnts which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe- 1. accounting records were not kept in respect of Doncaster Housing for Young People Ltd as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records,. or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair vievl which is not a matter considered as part of an independent examination; or 4, the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended practi for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. 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. Page11
Doncaster Housing for Young People Ltd Indepandent Examiner's Report to the trustses of Doncaster Houslng for Young People Ltd ierm Association of tab) FCCA FCA CTA ered Certified Attountants Crozier Jones LLP Chartered Certified Accountants and Registered Auditors 9113 Thome Road Doncaster South Yorkshire DN12HJ 17 November 2025 Page 12
Doncaster Housing for Young People Ltd Statement of Financial Activities for the Year Ended 31 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Unrestricted fund8 Re8trlcted funds Total 2025 Note Income and Endowments from: Donations and legacies Charitable activities Other trading activities Investment income Other income 22,222 83,624 4,100 3.643 62 22,222 429,973 4.100 3,643 62 346,349 Total income 113,851 346,349 460,000 Expenditure on: Charitable activities Other expenditure Total expenditure (120,937) 39 (273,325) 1,944 (394,262) 1,983) 120,976) 275,269 396,245 Net (expenditure)lincome Transfers betsveen funds (7,325) 18,033 71,080 18,033 63,755 Net movement in funds 10,708 53,047 63,755 Reconciliatlon of funds Total funds brought forward Total funds carried forward 175,037 70,030 245,067 24 185,745 Unrestricted funds 123,077 Restrlcted fund8 308,822 Total 2024 Note Income and Endowments from: Donations and legacies Charitable activlts'es Other trading activities Investment income Other income 47,193 104,097 5,400 2,390 11 47,193 338.577 5,400 2,390 11 234,480 Total income 159,091 234,480 393,571 Expendlturn on: Charitsble activities Other expenditure Totsl expenditure (141,349) (52) (211,824) {1,944) (353,173) 1,996) 141,401 (213,768) (355,169} Net income 17,690 20,712 38,402 Net movement in funds 17,690 20,712 38,402 Reconclllation of funds Total funds brought fotward 157,347 49.318 206,665 Page 13
Doncaster Housing for Young People Ltd Ststsment of Financial Activities for the Year Ended 31 March 2025 (Including Income and Expenditure Account and Statament of Total Recognised Gains and Losses) Unrestricted funds Restrlctod fund8 Total 2024 Noto Total funds carried forward 24 175,037 70,030 245,067 All of the charity's activities derive from continuing operations during the above two periods. Page 14
Doncaster Housing for Young People Ltd (Registration number: 07313040) Balance Sheet as at 31 March 2025 2025 2024 Note Flxed assets Tangible assets Current assets Debtor5 Cash at bank and in hand 17 87,597 89.580 18 19 21,087 306,090 327,177 18,803 212,659 231,462 Creditors: Amounts falling due wlthln one year Net current assets 20 (30,577) 75,975) 296.600 155,487 Total asset8 less current liabiliti88 384,197 {75,375) 245,067 Creditors: Amounts falllng due after more than one year Net assets 21 308,822 245,067 Funds of the charlty: Restrlcted Income funds Restricted funds 24 123,077 70,030 Unmtrlcted Income fund8 Unrestricted funds 185,745 308,822 175,037 245,067 Total fund8 24 For the financial year ending 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities: The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476,. and The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. Page 15
Doncastsr Housing for Young People Ltd (Registration number: 07313040) Balance Sheet as at 31 March 2025 The financial statements on pages 13 to 32 were approved by the trustees, and authorised for issue on 17 November 2025 and signed on their behalf by: Ms A L Fioxton Trustee /-2/Y/i/}{i/7 Mr M C Brennan Trustee Page 16
Doncaster Housing for Young People Ltd Notes to the Financial Ststements for the Year Ended 31 March 2025 1 Charity status The charity is a charity limited by guarantee England & Wales and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exedIng £1 towards the assets of the charity in the event of liquidation. The address of its registered office is: Doncaster Foyer Chequer Road Doncaster South Yorkshire DN12AA These financial statements were authorised for issue by the trustees on 17 November 2025. 2 Accountlng polici08 Summary of slgnlflcant accountlng pollcles and key accountlng estimates The principal accounting policies applied in the preparation of these financial statements a set out below. These policies have been consistently applied to all the years presented, unless othetwise sialed. ststement of compllance 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 2019) (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act 2011. Ba818 of preparatlon Doncaster Housing for Young People Ltd meets the definition of a public benefit entity under FRS 102. Assets and liabilities are inits'ally recognised at historical cost or transaction value unless otheiSe ststed in the relevant accountin9 policy notes. Golng concorn The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity. Income and endowments All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably. Page 17
Doncaster Housing for Young People Ltd Notes to the Financial Statements for the Year Ended 31 March 2025 Donations and legacies Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period. Grants receivable Grants are recognised when the charity has entitlement to the funds and any conditions linked to the grants have been met. Where performan conditions are attached to the grant and are yet to be met, the income is recognised as a liabilty and included on the balance sheet as deferred income to be released. Deferred Income Deferred income represents amounts received for fvture periods and is released to Incoming resources in the period for which, it has been received. Such income is only deferred when: The donor specifies that the grant or donation must only be used in future accounting periods,. or The donor has imposed conditions which must be met before the charity has unconditional entitlement. Expendlture All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocaled on the portion of the asset's use. Other support costs are allocated based on estimated usage. Charltable actlvities Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Grant provlslons Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty about either the timing of the grant or the amount of grant payable. Support costs Support costs include those functions which assist the work of the charity but do not directly undertake charitsble activities, including admin costs, finan, IT, governance costs and other central functions, and have been allocated to activity cost categories on a basis consistent with the use of resour$. Page 18
Doncaster Housing for Young People Ltd Notss to the Financial Statements for the Year Ended 31 March 2025 Governance costs These include the costs attributable to the charity's compliance with constitutional and statutory requirements, including preparation of statutory accounts, independent examinats'on and trustees, meetings and reimbursed expenses. Government grants Govemment grants are recognised based on the perfomiance model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income in the period in which the charity has entitlement to the income and any performance conditions have been met. Grants relating to assets are recognised in full when there is unconditional ents'tlement to the grant. Irrecoverable VAT Irrecoverable VAT is charged against the category of resources expended for which it VRS incurred. Taxation The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporats'on Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992. to the extent that such income or gains are applied exclusively to charitable purposes. Tanglble flxed assets Individual fixed assets costing £1,000.00 or more are initially recorded at cost, and then carried at cost less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Depreclatlon and amortlsatlon Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows.. Asset class Office equipment Propety Depreclatlon method and rate 250A reducing balance basis 50 years straight line Trade debtors Trade debtors are amounts due from customers or grant funders for services performed in the ordinary course of business. Trade debtors are recognised at the settlement amount due less any provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables. Page 19
Doncastsr Housing for Young People Ltd Notss to the Financial Statements for the Year Ended 31 March 2025 Cash and cash equlvalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Trade credltors Creditors and provisions are recognised when there is an obligation at the balance sheet date as result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Creditors and provisions are normally recognised at their settlement amount. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary ourse of business from suppliers. Accounts payable are classified a5 current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least e1ve months after the reporting date, they are presented as non-current liabilities. Borrowlng8 Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference behveen the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges. Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least e1ve months after the reporting date. Fund structure Unrestricted income funds are general funds that are available for use at the trustees's discretion in furtherance of the objectives of the charity. Designated funds are unrestricted funds set aside for specifi'c purposes at the discretion of the trustees. Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose. Penslons and other post retirement obligat5on8 The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefit relating to employee service in the current and prior periods. Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exed the contribution due for service, the excess is recognised as a prepayment. Page 20
Doncaster Housing for Young People Ltd Notes to the Financial Statements for the Year Ended 31 March 2025 Financial instruments Classrfication The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of loans which are subsequently measured at amortised cost using the effecb've interest method. 3 Income from donatlons and legacles Unrestrlcted funds Total 2025 Total 2024 Genoral Donations and legacies., Donations from companies, trusts and similar proceeds Donations from individuals 15,662 6,560 15,662 6,560 22,222 35,627 11,566 22,222 47,193 As noted in the trustee report the charity benefits from the support and work of volunteers for which it is extremely grateful. In accordance with the charities SORP the economic contribution of general volunteers is not recognised in the accounts. Page 21
Doncaster Housing for Young People Ltd Notes to the Financial Statements for the Year Ended 31 March 2025 4 Income from charitable actlvltles Unrestricted funds Restrlcted funds Total 2025 Total 2024 General DCC - Housing related support Nats'onal Lottery - Reaching Communities Co-op Grant The Charles and Else Sykes Fund Oliver Borthwick Memorial Trust Lloyds Bank Foundation Trust Changing Lives Homeless Link Property rental and similar income from beneficiaries Postcode Lottery DCLT DCC - CWB Capital Grant DCC - Remake Festival Grant Places for People South Yorkshire Co - Research 180,000 180,000 172,298 71.053 71,053 1,360 59,032 811 1,360 2,250 3,000 2,250 3,000 10,417 750 2,500 28,333 2,509 2,400 10,417 66,747 66,747 75,000 8,816 4,730 1,500 5,000 100 69,944 75,000 8,816 4,730 1,500 5,000 100 83,624 346,349 429,973 338,577 Government grant income includes grant income above from Doncaster City Council (DCC) and National Lottery and totalled £257,283 {2024: £231.330). S Income from other tradlng activities Unrestricted funds Total 2025 Total 2024 General Trading income. Sales of goods and services 4,100 4,100 4,100 4,100 5,400 5,400 Page 22
Doncaster Housing for Young People Ltd Notes to the Financial Statements for the Year Ended 31 March 2025 6 Investment income Unrestrlcted funds Total 2025 Total 2024 General Interest receivable and similar income- Interest receivabl8 on bank deposits 3,643 3,643 2,390 7 Other Income Unrestrlcted funds Total 2025 Total 2024 General Other income 62 62 Page 23
Doncaster Housing for Young People Ltd Notes to the Financial Ststements for the Year Ended 31 March 2025 8 Expenditure on charltable activities Activity undertakon dlrectly Activlty support Costs Total 2025 Total 2024 Employment costs Interest Paid Staff training Volunteer expenses Repairs and renewals Telephone and fax Lodging providers Propety Repairs Drop in expenses Grants payable Hardship Fund Sundry expenses Travel and subsistence Advertising Payroll services Legal and professional fees Rent and rates Utilities Insurance Computer sofhvare and maintenance costs Printing, postage and stationery Bank charges Building capabilities Cleaning 203,673 35,942 1,295 239,615 1,2g5 1,696 2,345 9,188 1,920 47,766 5,148 1,334 500 2,431 913 12,258 1,798 1,120 17,648 27,046 4,058 4,558 208,301 3,980 3,256 1,668 1,642 2,944 47,835 4,894 1,372 1,696 2,345 9,188 807 47,766 5,148 1,334 500 2,431 844 5,020 1,113 4,289 69 7,238 1,798 1,120 12,943 4,111 2,468 829 15,908 27,292 6,516 4,128 4,705 27,046 4,058 4.558 5,345 2,688 566 5,345 2,688 566 4,526 1,959 409 1,236 431 697 697 321,816 70,117 391,933 350,978 £120,937 (2024 £141,349) of the above expenditure was attributable to unrestricted funds and £270,996 (2024 - £209,629) to restricted funds. In addition to the expenditure analysed above, there are also governance costs of £2,329 (2024 £2,195) which relate directly to charitable activities. See note 10 for further details. Page 24
Doncaster Housing for Young People Ltd Notes to the Financial Ststements for the Yaar Ended 31 March 2025 9 Other exponditure Unrestrlcted funds R88trlcted funds Total 2025 Total 2024 General Note Depreciation, amortisation and other similar costs 39 1,944 1,944 1,983 1,983 1,996 39 1,996 10 Analysls of governance and support CO8t8 Governance costs Restrfcted fund$ Total 2025 Total 2024 Independent examiner fees Examination of the financial statements 2,329 2,329 2,329 2,195 2,329 2,195 Page 25
Doncastsr Housing for Young People Ltd Notes to tha Financial Statemants for the Year Ended 31 March 2025 11 Grant-making Analysis of grants Grants to Institutions 2025 Analysls Grants to institutions 500 The support costs associated with grant-making are £Nil (31 March 2024 - £Nil). Below are details of material grants made to institutions 2025 2024 Name of instltutlon People Focussed Group Activity Supporting the homeless 500 12 Net incomingloutgolng r880urce8 Net incoming reSoUrS for the year include.. 2025 2024 Operating leases - other assets Depreciation of fixed assets 23,400 1,983 23,400 1,996 13 Trustee8 remuneration and expenses During the year the charity made the following transactions with trustees: Ms J F Gladden £43 (2024: £Nil) of expenses were reimbursed to Ms J F Gladden during the year. The reimbursed expenses vRre travel expenses. No trustees, nor any persons connected with them, have received any remuneration from the charity during the year. No trustees have received any other benefits from the charity during the year. Donations made by the trustees without any conditions attached totalled £470 for the year {2024 £120). Page 26
Doncaster Housing for Young People Ltd Notes to the Financial Statemants for the Year Ended 31 March 2025 14 Staff costs The aggregate payroll costs were as follows: 2025 2024 Staff costs during the year were: Wages and salaries Social security costs Pension costs 214,807 9,993 14,815 187,809 7,613 12,879 239,615 208,301 The monthly average number of persons (including senior management team) employed by the charity during the year expressed as full time equivalents was as follows,. 2025 No 2024 No Employee numbers The average number of employees on a headcount basis was 11 (2024.. 11). No employee received emoluments of more than £60,000 during the year. The total employee benefits of the key management personnel of the charity were £84,231 12024 £79,688). 15 Independent examlner's remuneration 2025 2024 Examinats'on of the financial statements 2,329 2,195 16 Taxation The charity is a registered charity and is therefore exempt from taxation on charitable income or gains applied to charitable purposes. 17 Tangible fixed assets Page 27
Doncastsr Housing for Young People Ltd Notes to the Financial Statements for the Year Ended 31 March 2025 Furniture and equipment Land and bulldlngs Total Cost At 1 April 2024 97,182 2,323 99,505 At 31 March 2025 97,182 2,323 99,505 Depreclation At 1 April 2024 Charge for the year At 31 March 2025 7,758 1,944 2,167 39 9,925 1,983 9,702 2,206 11,908 Net book value At 31 March 2025 87,480 117 87,597 At 31 March 2024 89,424 156 89,580 18 Debtors 2025 2024 Trade debtors Prepayments 17,446 3,641 21,087 16,854 1,949 18,803 19 Cash and cash equlvalent8 2025 2024 Cash at bank 306,090 212,659 20 Creditors: amounts falling due wlthln one year 2025 2024 Other loans Accruals Deferred income 45,846 2,194 27,935 75,975 2,329 28,248 30,577 Page 28
Doncaster Housing for Young People Ltd Notes to tha Financial Statements for the Year Ended 31 March 2025 2025 2024 Deferred income at 1 April 2024 Resources deferred in the period Amounts released from previous periods Deferred income at year end (27,935) (28,248) 27,g35 {30,739) (27.935) 30,739 (28,248 (27,935 21 Credltors: amounts falllng due after one yèar 2025 Other loans 75,375 22 Obllgatlon8 under leases and hlre purchase contracts Operatlng lease commitments Total future minimum lease payments under nOn-CanlIable operating leases are as follows.. 2025 2024 Land and buildlngs Within one year 9,150 9,150 23 Penslon and other schemes Deflned contributlon pension schema The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £14,815 {2024 £12,879). Page 29
Doncaster Housing for Young People Ltd Notes to the Financial Statements for the Year Ended 31 March 2025 24 Funds Balanco at 1 Aprll 2024 Balance at 31 March 2025 Incoming Resources resources expended Transfers Unrestrlcted funds General Core 102,521 113,651 (106,910) (18,967) 90,295 Designated Shared Housing Wellbeing 40,000 32,516 72,516 37,000 77.000 18,450 95,450 14,066 14,066 37,000 Total Unre8trlcted fund8 175,037 113,651 (120,976 18,033 185,745 Restricted fund8 Supported Lodgings National Lottery Fund - Progressions Wellbeing Matters The Charles And Elsie Sykes Fund Employment Skills Shared House Restricted Core 12,130 180,000 (173,6011 18,529 36,627 61,519 11,035 {68,6091 (11,035) 29,537 2,250 3,000 75,000 13,545 (2,2501 12,9891 13,240) 13,545 11 75,000 21,273 118,033) Total restricted funds 70,030 346,349 275,269 18,033 123,077 Total funds 245,067 396,245 460,000 L 308,822 Page 30
Doncaster Housing for Young People Ltd Notes to the Financial Statements for the Year Ended 31 March 2025 Balance at 1 Aprll 2023 Balance at 31 March 2024 Incoming Resources resources expended Transfers Unrestrlcted funds General Core 103,847 135,758 (118,634) (18,450) 102,521 Deslgnated Shared Housing Wellbeing 40,000 13,500 53,500 40,000 32,516 23,333 (22,767) (22,767) (141,401 18,450 18,450 23,333 72,516 Total unrestrlcted fund8 157,347 159,091 175,037 Restricted funds Supported Lodgings National Lottery Fund - Progressions Oliver Borthwick Memorial Trust The Coalfields Regeneration Trust The Charles And Elsie Sykes Fund Charikn'es Aid Foundation Shared House 7,913 172,298 (168,081) 12,130 4,193 59,032 (26,598> 36,627 2,100 (2,100) 821 (821) 4,000 5,494 24,797 750 (4,750) (5,494) (5,924 2,400 21,273 Total restricted fund8 49,318 234,480 213,768) 70,030 Total funds 206,665 393,571 355,169 245,067 The transfer from restricted to unrestricted funds was the propety fund value following the repayment of the associated propety loan and release of the restricts'on. Transfers to designated funds represent monies set aside by the trustees for a specific purpose. The charity has designated £77,000 towards the purchase and renovation of a shared house in 202512026. Page 31
Doncaster Housing for Young People Ltd Notes to the Financial Statements for the Year Ended 31 March 2025 25 Analysis of net assets between funds Unrestricted funds Restricted funds General Designated Total funds Tangible fixed assets Current assets Current liabilities Creditors over 1 year Total net assets 87,597 78,073 87,597 327,177 (30,577) 75,375 95,450 153,654 (30,577) 75,375 90,295 95,450 123,077 308,822 Unrestrlcted funds Total funds at 31 March 2024 Restrlcted fund8 General Deslgnated Tangible fi'xed assets Current assets Current liabilities 156 102,365 89,424 46,164 65,558 89,580 231,462 75,975) 82,933 10,417 Total net assets 102,521 72,516 70,030 245,067 26 Related party tran8actlon8 There were no related paty transactions in the year. Page 32