
## **Urban Synergy’s Annual Report and Financial Statements for the Year ending August 2023** 

## Contents 

||||||
|---|---|---|---|---|
|Foreword|Our Strategy|Programme<br>Delivery|Events and<br>Campaigns|Awards|
|Urban<br>Synergy’s<br>Future|Our People|Financial<br>report|Sustainability,<br>Diversity &<br>Inclusion|Thank You|






## **Foreword** 


## Welcome 

## - from our CEO 

I am delighted to present Urban Synergy's Annual Report 

impact of our work throughout this report, and how we’ve supported young people in our community. 

Our programmes continued, starting in primary schools to inspire children and introduce them to relatable role models, and stretching across secondary school, sixth form and even into basketball clubs, helping young adults up to the age of 24 years. 

for 2022/23. 

Below, I set out our strategy, programmes, delivery and impact, as well as key achievements and challenges over the reporting period. 

We achieved a lot in a year marked by global and domestic economic instability, which put pressure not just on the charity’s users but on its donors too. 

Still, we managed to deliver: 

- **5982 young people supported** through our programmes 

- **118 students mentored** 

- **6979 work experience hours** , much of which was paid 

- **479 Role model volunteering opportunities** created 

- **5381 hours of volunteering** across our programmes 

This was the first full year Urban Synergy had a Youth Council - a team of young people who’ve been through our programme and are now giving back. We thank them for their time, insight and for the input of the youth voice in ‘keeping it real’. 

I’d again like to thank the supporters, parents, teachers, schools, donors, partners and the Urban Synergy team for their relentless work in supporting young people to overcome barriers and reach their fullest potential. 

My gratitude goes to London Stock Exchange Group (LSEG) for my secondment, and as a valued supporter of  the charity. 

Together with our partners like LSEG, we made a huge difference, and opened new doors to opportunity. 

**Leila Thomas, Founder & CEO - Urban Synergy** 

You will hear more about the 




## A Message from our Chair of Trustees 


It’s a pleasure to report on my first full year as Urban Synergy Chair of Trustees, having 

taken the baton from Courtenay Griffiths who retired from the post in June 2023. 

Following in Courtenay’s footsteps, financial sustainability, excellence in governance and applying strategic vision with precision became my top priorities. 

Those priorities are coupled with ensuring our young people - the charity’s key stakeholders - continue to enjoy a first-rate experience that helps them develop and gain independence through access to mentors, work experience and educational opportunities. 

Like all charities, we weathered tough economic conditions in 2022 and 2023. 

The UK went into a full cost of living crisis, as global inflation rose exponentially, driven by increased interest rates, fuel costs, and inflation at its highest rate for 30 years. 

Therefore, it is with huge gratitude that I acknowledge here how many of our partners and sponsors stayed with Urban Synergy through these economic times. 

Special thanks go to Goldman Sachs, the London Stock Exchange Group, Citi, Dynamic Planner, DMGT, Sony PlayStation, and UK Power Networks which sat firm on our Corporate Advisory board, providing funding and expertise on strategy, people, and new potential partnerships. 

They also ramped up their work experience and apprenticeship places and gave us access to their busy colleagues who acted as mentors and guides to our young people. 

My thanks also extends to M&G Plc, FE Fundinfo, RWS, Moody’s, Newable, Federated Hermes, PwC, Lloyds Insurance, Blackrock, VMWare, Salesforce, who renewed their partnerships in 2022/3. Your support changed so many lives. 

With inflation raging during the reporting year, more  young people than ever knocked on Urban Synergy’s door as they attempted to find work to help their families face astronomical price hikes. 




Helping them made the contributions of Urban Synergy’s supporters, Trustees, Youth Council, and its dedicated team led by CEO Leila Thomas, not only worthwhile but vital. 

With this backdrop in mind, I am pleased to report on a year of growth, consolidation, and kindness beyond measure by all those who believe in Urban Synergy’s mission 

## **Our Strategy** 

## **Our Purpose** 

To build an equitable world where everyone, regardless of their background, is empowered to write their own future 

Our Mission 

The way we see it, talent is everywhere, opportunities are not. 

Urban Synergy (US) is a youth empowerment charity, on a mission to inspire, guide and ignite the ambitions of young people. 

Our approach focuses on early support, to build confidence and show young people what’s possible. That’s why we connect them with aspirational - yet relatable -  role models and mentors, as well as industry leading companies. 

to nurture the next generation, increase social mobility and ultimately make the world a better place. 

Thank you all. 

**Dr Patrick Clarke OBE, Chair of Trustees - Urban Synergy** 

Understanding that every young person, their circumstance, and their dreams are unique, we tailor our school programmes, mentoring and work experience opportunities to help them reach their individual potential. 

With the collaboration of our valued partners, we are building an equitable world where everyone, regardless of their background, is empowered to write their own future. 

## **Our Values** 

We are focused on empowering young people every day.   Our values are key and underpin our work.   They are: 

## Motivated 

- We are focused on our goal of providing young people with confidence and opportunities 

- We work with brilliant partners 




who are passionate about our goals and are equally motivated to build an equitable world 

## Collaborative 

- We work closely with our stakeholders to create customised programmes to generate the best results for the young people we work with 

- We have the ability to work with other charities/ organisations within our industry towards your common goal 

- Our internal team works collaboratively together 

## Responsive 

- We are agile and adaptable to the changing needs of today’s young people 

## Inspiring 

- Everyone we partner with is an inspiration in their own way 

- We raise the ambitions of the young people we work with and show them what is possible 

- We give them access to role models that motivate them in their goals 

## Open 

   - Our partnerships with mentors, mentees, sponsors and role models are based on trust 

   - We are open and supportive to our mentees, partners and colleagues 

   - We maintain an open and honest relationship with all our stakeholders 

   - We share goals, progress and impact 

- We also understand that the businesses we partner with appreciate our ability to be flexible 

**Our Programme Delivery** 




## Inspire 

## **Seminars** 

Our in-school and online Career Seminars work to bridge the gap between the classroom and the workplace. 

These programmes are designed to inspire and empower young people. We introduce them to role models who have overcome similar barriers, that raise their aspirations, offer a path to follow, and pass on the confidence to write their own future. 

objectives of the day are for the students to feel more confident and motivated, to meet career role models and practise their interview skills, with real time feedback. 


## **59** 

## **Seminars delivered** 


## Ready for Work Seminars 

We deliver this through workshops including Smart Goal Setting, Interview skills and mock interview sessions, in partnership with 40 - 65 volunteers from our partners, bringing a diverse range of skills, knowledge, experience and advice. The students' interactions with employers and employees help the school to meet their Gatsby Benchmarks, (particularly benchmark number 5) as well as giving students the opportunity to practise their professional networking skills 

Our Ready for Work Seminars deliver a full day of workshops and 

interactive activities for young people across a whole school year.   The 




## **Volunteer testimony** 

**“I was really impressed in your accreditations and also the fact that you have been recognised for your services to the community.”** 

**“It is important for me to volunteer in a charity that takes its work seriously and wants to make a difference to children’s lives.”** 

guidance.   The Mentee must deliver a personalised CV and a presentation to graduate the programme. 



## Guide 

## **Mentoring** 

Through engaging 1-to-1 e- Mentoring, Mentors offer valuable insight from their personal stories and how they carved out a path to success. 

Our Mentors work with their Mentee to build their confidence in personal and professional skills, such as presentation, communication, interview practice, and career 

This year we have **mentored 118** students, **onboarded 69 new mentors** , and delivered **509** Volunteer hours. 

## **118** 

## **Students mentored** 




soft employability skills and confidence. 

Following Mentoring, we asked our Mentees to rate the following statements and 100% agreed or strongly agreed to them: 

This programme creates diverse, work-ready talent, prepared for their next opportunity. 

- I can prepare a strong CV 

- I am confident about attending a job interview 

- I can build professional relationships and network 

Through these efforts and in collaboration with our partners, we can build a workforce based on fair opportunity, that everyone can benefit from. 

- I know what to expect in the workplace 

- I have good organisational skills 

This year we delivered 98 work experience placements, totaling 6979 hours of work experience for young people, much of which was paid.   It also generated  2747 hours of volunteer work. 

- I have good presentation skills 


## **6979** 

## Ignite 

**Hours of work experience** 

## **Work Experience** 

We work with industry-leading partners to secure meaningful work experience opportunities that ignite young people's passions and act as a catalyst for their journey into the workplace. 

Periods of work experience have a positive impact on young people's 




## DREAM Paid Work Experience Programme 


Our DREAM work experience programme is a 4-week paid ‘externship’ offered to mentees between 15-18 years of age.   This programme develops practical career skills. 

In many cases these skills are not necessarily part of the educational curriculum in disadvantaged communities, which puts minority students at a disadvantage compared to other sociodemographic communities. 

The selected candidate will meet with leaders across functions, to benefit from their experiences and insights during the course of their own careers.   This part of the programme is adaptable to the circumstances and interests of the student and the department offering the externship. 

Our partners across work experience and ‘Dream’ programmes include : Boku Inc., Costain Group, Delta Capita, Dynamic Planner, EC1 Partners Ltd., Kendo Brands, Legal & General Investment Management, LloydsBanking Group, M&G Investments, M&G Plc, Mintel, 


National Black Crown, Prosecution Association, PwC, Stryker UK Limited, The City UK, Thomson Reuters, UK Power Networks, Whitfield Construction, Services, Willis Towers Watson. 

Our mentee Rama had the opportunity to shadow David Bentley - Barrister KC at Doughty Street Chambers for three days in April 2023. 

**“This experience was inspiring and I am looking forward to shadowing him again.”** 






## **Spotlight on our charity users** 

**Ryan made an extraordinary leap from South London to Howard University in the USA** 


Ryan: “It all started from a careers in sport role model seminar in my basketball club London Thunder where I was inspired by all the Urban Synergy role models in particular Darren Allaway who works at 




Goldman Sachs and studied at Stanford University USA. 

“From there I became confident to apply for a mentor for personal development and then I gained access to a wide network of 

corporate work experience 

opportunities - this propelled me and gave me the pathway in finance and inspiration to apply to Howard, the Harvard of the historically black colleges and universities or HBCUs in the US.” 

**Ha-linh: “Joining the programme meant I could build on my skills and gain access to resources and opportunities”** 



Ha-Linh: “I applied to Urban Synergy for the opportunity to improve my employability skills and hopefully gain insight into the financial services industry. 

“While I enjoyed preparing for the mock interview at the end of the programme, the best part was building a relationship with my mentor and learning about her career path. 

“My proudest achievement so far was my involvement in updating M&G’s Stewardship Report for the asset owner. I engaged with different stakeholders across the firm and the report was  submitted to the Financial Reporting Council to gain signatory status.” 

**Stefan: “My like-minded Mentor was the best part”** 


Stefan, 18, joined the Urban 

Synergy e-Mentoring programme in December 2020 and was matched 




with Romeo Radanyi, Director - Quantum, at Moody’s. 

“I had a strong interest in technology but didn't have many peers with similar experiences or anyone further along in their careers. It was really beneficial to have someone to talk to who had similar interests and experiences. 

Princela is in Year 11 and joined Urban Synergy’s mentoring programme in the summer of 2022. 

She was then matched with her mentor, Lydia at the London Stock Exchange Group, in preparation for her joining the Dream Big programme that Urban Synergy are running with Willis Towers Watson. 

“I'm currently doing a Data analyst apprenticeship at London Stock Exchange which I started in October. 

“I’ve had the chance to present to senior colleagues at different levels, and with time I have become more confident. 


**Princela: “Treasure the time you have with your mentor”** 


“Having a mentor really helped me build a lot of skills that I’ll need in professional life. My mentor taught me about different techniques to use when you’re writing a CV or going into an interview.” 



## **Spotlight on an Urban Synergy Mentor** 




Lydia works at the London Stock Exchange Group as a Fixed Income & Multi-Asset Index Product Manager and joined the Urban Synergy mentoring programme in 2022. 

“By experiencing the graduate programme at LSEG, as well as applying to internships while at university, I thought I would be able to share some skills or advice with young people about what that was like. 

“A career in finance can be very intimidating, given the stereotypical view of what it’s like or what it requires, especially as a young woman. I was very lucky to have had friends or family in the industry who could give me help and advice when I needed it for interviews etc. 

“I benefited from that hugely- so I wanted to give back in the same way. 

## **Campaigns** 

## **Black History Month Campaign** 

For a third year, we celebrated our many Black role models, Mentors and Mentees. 


On LinkedIn the campaign generated 5,943 impressions, and 155 likes. 

In October 2022, we took a selection of our young people to a fascinating discussion with Actor Adjoa Andoh and Goldman Sachs’ Darren Allaway, who’s an Urban Synergy role model. 

“Specifically for those who are relatively early in their career, like myself, I would say don’t underestimate what you can draw on to help other young people looking to think ahead about their career. 

“You still have something to offer of value, and the whole experience was so rewarding and enjoyable.” 





## **Urban Synergy’s Future** 

## **Awards** 

Recognition flowed in 2022/23, and Urban Synergy became: 

- **Black Excellence Awards,** Powerlist Community Award Winner 2022 

- **Black Excellence Awards,** Powerlist chosen charity 2023 

- **Nominated for Burberry Diversity Award** - charity of the year 2023 

We were also shortlisted for: 

- **The Lord Mayor’s Dragon** Awards 2022 

- **Children & Young People Now Award** - ‘Charity of the Year’ 

- **National Diversity Awards** ‘Positive Role Model’ 

- **Power of a Woman Award** - for CEO Leila Thomas 


Demands for our services grew in 2022/23 while we saw general donations fall, as the cost of living crisis and rampant inflation ate into our donations and some partnership renewals. 

Our team also grew to help us deliver more in-person events, while still delivering online. 

The charity’s focus remains to expand our blueprint to support more young people, schools, and parents across London and beyond. 

We will also engage more partners and corporate companies to realise volunteer role models and Mentors. 

Our 2020 plan, still provides the framework for delivery: 

## **Expand our online Programmes** : 

- e-Seminars London wide 

- e-Mentoring Londonwide 

- Continue to offer our mentee activities to include additional online workshops 

- Improve volunteer management and communications 




## **Improve our partnership management and reporting** 

● Streamline our information management system 

- Grow our Corporate Advisory Board 

● Expand our programmes to schools in other cities in the UK with similar socio economic challenges 

their own fundraising efforts, including office staff sales, marathons, competitions, auctions, personal challenges and more. 

For this we are truly grateful! 

● Create a Fundraising and PR Team – promote the raising of funds and awareness of our success and ongoing funding purposes 

● Increase our income to grow our charity 

- Continue to expand our resources and team 

## **Individual Supporters** 

- We continue to receive donations from individual groups and people through 




## **Our People** 

## Urban Synergy Board of Trustees 

Dr.  Patrick Clarke OBE, Chair Charmaine Charles, Charity Secretary Donovan Davidson Dr.  Keith Davidson Emma Miller Leila Thomas CEO Trevor Cole 

## Urban Synergy Team 

Leila Thomas CEO & Founder seconded to Urban Synergy from the London Stock Exchange Group 

Employees are: Dianne Johnson, Nigel Williams, Kate Williams, Deborah Barrington, Jane Watts, Safiya Chiappa-Forrester, Semere Estifanos, Chaunte Robinson, Phoebe Blair 

## Patrons 

Contractors are: Chantelle Barrett, Odeshea Gordon, Makesha Sutherland and Begum Hall 

- Dr Courtenay Griffiths QC, Eddie Nestor MBE, and Garry Green QC 

## Corporate Advisory Board 

- David Craig, Chair, TNFD 

- Darren Allaway, Goldman Sachs 

   - Catherine Johnson, London Stock Exchange Group 

   - Grant Woodthorpe, DMGT 

   - Patrick Clarke, OBE, UK Power Networks 

   - Sarah Webb, Secretary 

   - Garret Gaughan, WTW 

- Ben Goss, Dynamic Planner 

- Stuart Whyte, Sony Playstation 

- Sharon Blackman, Citi 

## **Urban Synergy Leadership Team, August 2023** 

Leila Thomas                   Kate Williams                    Dianne Johnson 









Nigel Williams                    Trevor Cole 

## **See our year in pictures** 

Click on this image to see our partners, volunteers, and young people in action. 





## **Our own sustainability, diversity, equity and inclusion** 

Sustainability, diversity, equity and inclusion start at ‘home’ for Urban Synergy. As well as driving value for our stakeholders, we all work from home, using the offices of our sponsors and corporate partners and our mission. when we meet, usually on a monthly basis. This reduces our carbon footprint. Below are our diversity statistics for the reporting period. 

As well as building a more equitable and sustainable future for young people, we constantly assess our own diversity - living our values and our mission. 



Urban
Synergy
Urban Synergy Gender Balance
Self Identified Gender
Female l Male
75Q/o
50Q/
250/0
Employees CAB. Trustees. Young People
Patron8 &
Directors
Volunteers
Urban Synergy Employees
60%
400/0
20%
Asian
Black
While
Diversity Mix




**5381 hours** of volunteering delivered across our programmes. 





## **Thank you** 

We extend our sincere gratitude to all our Donors, Corporate Donors, Strategic Partners, Volunteers, Role Models and Mentors for their unwavering support. 

For pro bono help, special thanks go to: 

- TrustLaw, Thomson Reuters Foundation’s global pro bono legal service; 

- The LSEG Foundation; 

project using AI to help the matching on the e- Mentoring programme count; 

- Salesforce for relationship management tool improvements; 

- PWC for support on Impact reporting, and 

- All the companies, especially London Stock Exchange Group (LSEG), who’ve allowed us to use  their office space for team meetings. 

Your contributions have made a significant difference in the lives of countless young individuals. 

- Simon Raper for the Copellia Machine Learning 

## **Financial Statements** 

Statement of Financial Activities and Statement of Financial Position. See the Appendix for the full accounts. 



URBAN SYNERGY Contents Page For the year ended 31 August 2023 

Charity number: 1138802 

Company number: 07358294 

(England and Wales) 

## URBAN SYNERGY 

Report of the Trustees and Unaudited Financial Statements 

For the year ended 31 August 2023 



URBAN SYNERGY Report of the Trustees For the year ended 31 August 2023 

The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 31 August 2023. The Trustees have adopted the provisions of 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 the Republic of Ireland (FRS 102) (effective 1 January 2019). 

## **OBJECTIVES AND ACTIVITIES** 

See Trustees Annual Report on Appendix One 

## **Objectives and aims** 

The trustees have considered the Charity Commission’s guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'. 

## **FINANCIAL REVIEW** 

## **Significant events** 

The persisting impact of the Ukraine War and the lingering effects of the Covid-19 pandemic continue to resonate throughout our operations, with increasing number of young people seeking our support. 

In tandem with increase in our operational programmes, inflationary pressures as well continue to persist, which led to a £200k increase in charitable expenditure compared to the previous year. 

However, through prudent decision-making, strategic management and adaptability, we have seized emerging opportunities and diversified our income streams to ensure the continuity of our vital mission. 

Our positive net income for the year highlights the effectiveness of our efforts and the dedication of our team in navigating the challenges posed by the external environment. 

Looking ahead to the future, we are confident in our ability to remain flexible and agile in a dynamic economic landscape, continuing to make a meaningful difference in the lives of those we support. 

## **The Going Concern Note** 

The Trustees, who are also Directors, consider that there are no material uncertainties about the Charity's as a going concern for the next 12 months. 

ability to continue 

## **REFERENCE AND ADMINISTRATIVE INFORMATION** 

**Name of Charity** URBAN SYNERGY **Charity registration number** 1138802 **Company registration number** 07358294 **Principal address** 2 Lewisham Hill London SE13 7EJ 

## **Trustees** 

The trustees and officers serving during the year and since the year end were as follows: 

Keith Davidson Trevor Cole Patrick Clarke Leila Thomas Donovan Davidson Charmaine Charles Emma Miller Amanda Osuagwu (Appointed: 20 December 2022) 

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URBAN SYNERGY Report of the Trustees Continued For the year ended 31 August 2023 

**Independent examiner** 

Emmanuel Mensah FMAAT Ground Floor West Office 10 Nicholas House, River Front Enfield EN1 3TF 


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URBAN SYNERGY 

## Independent Examiners Report to the Trustees For the year ended 31 August 2023 

I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 August 2023. 

## **Responsibilities and basis of report** 

As the charity Trustees, who are also directors for the purposes of company law, 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 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 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 section 145(5)(b) of the 2011 Act. 

## **Independent examiners statement** 

Since the Charitable company’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 I am qualified to undertake the examination by virtue of my membership of , 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 that in any material respect: 

1. accounting records were not kept in respect of the Company 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 requirements of section 396 of the 2006 Act 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 

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice 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. 


Emmanuel Mensah FMAAT Ground Floor West Office 10 Nicholas House, River Front Enfield EN1 3TF 

Date: 24 June 2024 

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## URBAN SYNERGY 

## Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31 August 2023 

|**Income** **and** **endowments** **from:**<br>**Notes**<br>Donations and legacies<br>2<br>Other trading activities<br>3<br>Investments<br>4<br>Other income<br>5<br>**Total**<br>**Expenditure** **on:**<br>Charitable activities<br>6/7<br>Other expenditure<br>**Total**<br>**Net** **income**<br>**Reconciliation** **of** **funds**<br>Total funds brought forward<br>**Total** **funds** **carried** **forward**|**Unrestricted**<br>**funds**<br>**£**<br>570,663<br>29,503<br>-<br>43,974<br>**644,140**<br>(640,005)<br>-<br>**(640,005)**<br>**4,135**<br>332,531<br>**336,666**|**2022**<br>**£**<br>421,035<br>17,492<br>323<br>7,387|
|---|---|---|
|||**446,237**|
|||(438,502)<br>(215)|
|||**(438,717)**|
|||**7,520**<br>325,011|
|||**332,531**|



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URBAN SYNERGY 

Registered Number : 

07358294 

## URBAN SYNERGY 

## Statement of Financial Position 

As at 31 August 2023 

||**Notes**|**2023**|**2022**|
|---|---|---|---|
|||**£**|**£**|
|**Fixed** **assets**||||
|Intangible assets|12|940|940|
|||**940**|**940**|
|**Current** **assets**||||
|Debtors|13|130,156|42,220|
|Cash at bank and in hand||431,170|409,596|
|||**561,326**|**451,816**|
|**Creditors:** **amounts** **falling** **due** **within** **one** **year**|14|(225,600)|(120,225)|
|**Net** **current** **assets**||**335,726**|**331,591**|
|**Total** **assets** **less** **current** **liabilities**||**336,666**|**332,531**|
|**Net** **assets**||**336,666**|**332,531**|
|**The** **funds** **of** **the** **charity**||||
|Unrestricted income funds|15|336,666|332,531|
|**Total** **funds**||**336,666**|**332,531**|



For the year ended 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. 

- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476, 

- The trustees 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. 


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URBAN SYNERGY Notes to the Financial Statements For the year ended 31 August 2023 

## **1. Accounting Policies** 

## **Basis of accounting** 

The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘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)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006. 

URBAN SYNERGY 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). 

## **2. Income from donations and legacies** 

|**Unrestricted** **funds**<br>Donations received<br>Grants received<br>**ncome** **earned** **from** **other** **activities**<br>**Unrestricted** **funds**<br>Fund raising events<br>**nvestment** **income**<br>Bank interest receivable|**2023**<br>**£**<br>72,762<br>497,901<br>**570,663**<br>**2023**<br>**£**<br>29,503<br>**29,503**<br>**2023**<br>**£**<br>-<br>**-**|**2022**<br>**£**<br>57,834<br>363,201|
|---|---|---|
|||**421,035**|
|||**2022**<br>**£**<br>17,492|
|||**17,492**|
|||**2022**<br>**£**<br>323|
|||**323**|



## **3. Income earned from other activities** 

## **4. Investment income** 

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## URBAN SYNERGY Notes to the Financial Statements Continued For the year ended 31 August 2023 

## **5. Other income** 

|**ther** **income**|||
|---|---|---|
|**Unrestricted** **funds**<br>Other Income<br>**osts** **of** **charitable** **activities** **by** **fund** **type**<br>**Unrestricted** **funds**<br>Youth Mentoring, Seminars &<br>Workshops<br>Support costs<br>**osts** **of** **charitable** **activities** **by** **activity** **type**<br>**Activities**<br>**Support**<br>**undertaken**<br>**costs**<br>**directly**<br>**£**<br>**£**<br>**Support** **costs**<br>Youth Mentoring, Seminars &<br>Workshops<br>606,697<br>33,308|**2023**<br>**£**<br>43,974<br>**43,974**<br>**2023**<br>**£**<br>606,697<br>33,308<br>**640,005**<br>**2023**<br>**£**<br>640,005|**2022**<br>**£**<br>7,387|
|||**7,387**|
|||**2022**<br>**£**<br>230,026<br>208,476|
|||**438,502**|
|||**2022**<br>**£**<br>438,502|



## **6. Costs of charitable activities by fund type** 

## **7. Costs of charitable activities by activity type** 

## **8. Analysis of support costs** 

|**Youth** **Mentoring,** **Seminars** **&** **Workshops**<br>Management<br>IT & Software Costs<br>Support Costs -<br>Resources<br>Governance costs|**2023**<br>**£**<br>-<br>12,871<br>12,104<br>8,333<br>**33,308**|**2022**<br>**£**<br>174,950<br>11,240<br>15,265<br>7,021|
|---|---|---|
|||**208,476**|



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## URBAN SYNERGY Notes to the Financial Statements Continued For the year ended 31 August 2023 

## **9. Net income/(expenditure) for the year** 

This is stated after charging/(crediting): 

|This is stated after charging/(crediting):|||
|---|---|---|
||**2023**|**2022**|
||**£**|**£**|
|Independent examiner's fees|5,472|4,314|
|Staff pension contributions|14,786|2,217|



## **10. Staff costs and emoluments** 

Total staff costs for the year ended 31 August 2023 were: 

|Salaries and wages<br>Social security costs<br>Pension costs<br>Admin & Support Staff|**2023**<br>**£**<br>228,042<br>40,612<br>14,786<br>**283,440**<br>**2023**<br>13<br>**13**|**2022**<br>**£**<br>151,675<br>28,055<br>2,217|
|---|---|---|
|||**181,947**|
|||**2022**<br>5|
|||**5**|



Admin & Support Staff 

## **11. Comparative for the Statement of Financial Activities** 

The comparative year values on the Statement of Financial Activities are for unrestricted funds. 

## **12. Intangible fixed assets** 

|**Cost** **or** **valuation**<br>At 01 September 2022<br>At 31 August 2023<br>**Net** **book** **values**<br>At 31 August 2023<br>At 31 August 2022|**Intangible**<br>**asset** **3**<br>**£**<br>940|
|---|---|
||**940**|
||**940**|
||**940**|



8 of 12 



## URBAN SYNERGY Notes to the Financial Statements Continued For the year ended 31 August 2023 

## **13. Debtors** 

|**13.** **Debtors**|||
|---|---|---|
||**2023**|**2022**|
||**£**|**£**|
|**Amounts** **due** **within** **one** **year:**|||
|Trade debtors|105,708|-|
|Prepayments and accrued income|24,448|4,081|
|Other debtors|-|38,139|
||**130,156**|**42,220**|
|**14.** **Creditors:** **amounts** **falling** **due** **within** **one** **year**|||
||**2023**|**2022**|
||**£**|**£**|
|Other creditors|13,584|7,836|
|Accruals and deferred income|212,016|112,389|
||**225,600**|**120,225**|



|**15.** **Movement** **in** **funds**|||||
|---|---|---|---|---|
|**Unrestricted** **Funds**|||||
||**Balance** **at**|**Incoming**|**Outgoing**|**Balance** **at**|
||**01/09/2022**|**resources**|**resources**|**31/08/2023**|
||**£**|**£**|**£**|**£**|
|_General_|||||
|General|332,531|644,140|(640,005)|336,666|
||**332,531**|**644,140**|**(640,005)**|**336,666**|
|**Unrestricted** **Funds** **-** **Previous** **year**|||||
||**Balance** **at**|**Incoming**|**Outgoing**|**Balance** **at**|
||**01/09/2021**|**resources**|**resources**|**31/08/2022**|
||**£**|**£**|**£**|**£**|
|_General_|||||
|General|325,011|446,237|(438,717)|332,531|
||**325,011**|**446,237**|**(438,717)**|**332,531**|



## **Purpose of unrestricted Funds** 

## General 

These are funds not restricted in nature and can be applied as the Board sees fit but within the scope of the charities objects and intended purposes. 

9 of 12 



## URBAN SYNERGY Notes to the Financial Statements Continued For the year ended 31 August 2023 

## **16. Analysis of net assets between funds** 

|**Unrestricted** **funds**<br>_General_<br>General<br>**Previous** **year**<br>**Unrestricted** **funds**<br>_General_<br>General|**Intangible**<br>**fixed** **assets**<br>**Net** **current**<br>**assets** **/**<br>**(liabilities)**<br>**Net** **Assets**<br>**£**<br>**£**<br>**£**<br>940<br>335,726<br>336,666|
|---|---|
||**940**<br>**335,726**<br>**336,666**|
||**Intangible**<br>**fixed** **assets**<br>**Net** **current**<br>**assets** **/**<br>**(liabilities)**<br>**Net** **Assets**<br>**£**<br>**£**<br>**£**<br>940<br>331,591<br>332,531|
||**940**<br>**331,591**<br>**332,531**|



10 of 12 



## URBAN SYNERGY Detailed Statement of Financial Activities For the year ended 31 August 2023 

|**INCOME** **AND** **ENDOWMENT**<br>**Donations** **and** **legacies**<br>Donations<br>Special Donations<br>Gift Aid Income<br>CAB Contributions<br>Corporate Sponsorships<br>E-Mentoring Income<br>**Other** **trading** **activities**<br>Fund raising events<br>**Investments**<br>Bank interest receivable<br>**Other** **income**<br>Other Income<br>**Total** **incoming** **resources**<br>**EXPENDITURE**<br>**Charitable** **activities**<br>Staff costs - wages & salaries<br>Staff costs - social security costs<br>Staff costs - pension contributions<br>Contract Staff Costs<br>E-Mentoring<br>E-Seminars<br>UKPN Mentee Salaries<br>Mentee Expenses<br>Mentee CRB Checks<br>Professional Fees<br>Recruitments - Staff<br>Black History Month<br>Fundraising Activities<br>Subscriptions & Mem. Dues<br>Work Experience<br>**Other**<br>Other resources expended<br>**SUPPORT** **COSTS**<br>**Management**<br>Staff costs - wages & salaries<br>Staff costs - social security costs|**2023**<br>**£**<br>69,963<br>2,698<br>101<br>145,257<br>352,644<br>-<br>**570,663**<br>29,503<br>**29,503**<br>-<br>**-**<br>43,974<br>**43,974**<br>**644,140**<br>(228,042)<br>(40,612)<br>(14,786)<br>(30,451)<br>(48,434)<br>(89,220)<br>(16,504)<br>-<br>(41,340)<br>(47,421)<br>-<br>-<br>(12,862)<br>(1,100)<br>(35,925)<br>**(606,697)**<br>-<br>**-**<br>-<br>-|**2022**<br>**£**<br>50,811<br>5,886<br>1,137<br>216,252<br>134,269<br>12,680|
|---|---|---|
|||**421,035**<br>17,492|
|||**17,492**<br>323|
|||**323**<br>7,387|
|||**7,387**|
|||**446,237**<br>(151,675)<br>(28,055)<br>(2,217)<br>(50,321)<br>(80,345)<br>(45,662)<br>(12,861)<br>(7,567)<br>(2,650)<br>(9,899)<br>(6,480)<br>(900)<br>(3,573)<br>(2,771)<br>-|
|||**(402,759)**<br>(215)|
|||**(215)**<br>-<br>-|



11 of 12 This page does not form part of the statutory financial statements 



## URBAN SYNERGY Detailed Statement of Financial Activities Continued For the year ended 31 August 2023 

Staff costs - pension contributions 

|Stfftitibti|||
|---|---|---|
|a coss - penson conruons<br>**IT and Software**<br>IT and Software costs<br>**Support** **Costs** **-** **Resources**<br>Support Costs - Resources<br>**Governance** **costs**<br>Independent Examiners fees<br>Other office costs<br>**Total** **resources** **expended**<br>**Net** **Income**|-<br>**-**<br>(12,871)<br>**(12,871)**<br>(12,104)<br>**(12,104)**<br>(5,472)<br>(2,861)<br>**(8,333)**<br>**(640,005)**<br>**4,135**|-|
|||**-**<br>(11,240)|
|||**(11,240)**<br>(15,265)|
|||**(15,265)**<br>(4,314)<br>(2,707)|
|||**(7,021)**|
|||**(438,717)**|
|||**7,520**|



12 of 12 This page does not form part of the statutory financial statements 



Chathy number: 1138802
Company number.. 07358294
{England and Wales)
URBAN SYNERGY
Report ol thg Trustses and Unaudited Financla Staements
For th6 year ended 31 August 2023

URBAN SYNERGY
Contents Page
For the year ended 31 August 2023
1102
state￿￿Trt of Rnandal Acti¥
st*emEnl of Fman¢tal
Not8stothg FIrM￿ll1 Statsnwnts
8kn10
D8t•Jl8dStst¢m•ntof Fin￿￿81Al￿NIllO9
11to12

URBAN SYNERGY
Report of the Tnjstees
For the year ended 31 August 2023
TnJBtw8, who $Te throctors for th• purpos98 of ¢orwny law, hav8 pl•a8uTg in we8entin9 thelr rep* arKI th•
ffnandal slatoments for the tharita￿a t>)mpsny for the year ended 31 August 2023. The Tw8tee8 have adcpted tho
p￿S￿On8 of A¢ewntin9 and R8wJng by Chaiiti&s'. Stateff*nt cl Roeomm•ThJgd Pra¢ti¢è app1w￿ to th8r1ti¢8 praparfr
th*r a¢eounts In accordance wlth th8 Flnan¢kg1 Reportlng Standard applK8ble In the UK and th• RepublFc of Irelond IFRS
1021 (effoclivo 1 j￿uary2019}.
S08 TNgtag$Annual Reporton1p￿ndLY Ont
ObJ•¢ll¥•8
Tro twste88 have consldgr•d Cwty commisslon's 9uld*Ke on pubue ben•frt i￿ludIng the guld8ne• 'public benefiL'
nnlny a ¢h*ty P821'.
HNAN¢thL REWEW
Th? pern*stlrYd impa¢* of th& Uluainè and the IlngerlThJ •ffecas of the COV￿19pande￿ c•nllrth to resonate throughout
IMCI)8r•lw. wlth inue•5iTrJ mjmb0fofy￿ty sg¢klng our8UPFuL
In tsnd•m with Incr8880 In cwr operaliwal programrne8. kfvtionary 8$ ¢¢￿￿n￿e to pernis( whith l•d to
O)OkkncYvas•ln¢MFAaL1••¥per￿￿c0￿P￿redIOth8 prevIou$￿.
However. through prudent d*4sh?n.m•knng. strategic m0naggm•nt and adaptthlty, w h8v• 8elt8d emerykng fwpthJnMi8S
anddlverslfi¢d oUrIn￿Me Sire￿ toensum tha ￿tini￿ty ofourvhal
Chjr pos111￿ n6t in¢orng for Ihe year hlghllghts fv thv•n8$8 of c4Jr 8fforts and lh8 dgdl• crf our team In ntivigaung
th8challengg8 P088d by lh• exlemal 8nTrAronm8nL
Lth)kh)u al￿d to tho lutur•, w8 ar• Lxffifidont in our abnlty to rern8kn erxl a9Ue in a omnomic I￿$￿APa.
c¢nfjnutng to mth* a me8Thngful drfferenL% kn thè lfve$ ofthosewe suppJrL
Th8 TnJth88. who 81•0 Dir8CtOTS. con•lder that there aro no mthrf81 w¢ert￿nI1•* thut th• Charftys
a6 8 goln9wncem forthw rnxt 12
ablllty to ¢C￿￿U0
ofCh•rfty
URUN SYNERGY
1138802
Ctynp•nYr•gtStrati¢￿ numbor
07358294
2 Lowkham
LorKlon
SE13 7EJ
Th•tru&t•És offic8r•tr•F¥lTho dunno Ihe yaarand•In￿th# yearvnd ww• a8fc4kThb*:
Trevor
Patslck Cja
Lella Thomas
Donovan Davldson
Channaine Charl•¥
Emma Mlller
Amanda Osu#gwu
{ApWnt8d: 20 D￿nber2022}
1of12

URBAN SYNERGY
Report ofthe Trustees Continued
For the year end6d 31 August 20rJ
lThd•p•nd•nt•xamknw
Ernmanu￿ Man6ah FMhAT
GroundFIc*)rW88tOffie• 10
N*th¢la¥ Howe. Rh8rFmnl
Enfi8ld
EN13TF
4¥)prov8d byth• Bo¥d ofT￿Stea8 and Siw￿d on ttstr*hdf
Don¢van Davtdwn-Tnthg
20112

URBAN SYNERGY
Independent Ex8mln8rs ReFort to the Tru8te6s
Forthe yaar endod 31 August 2023
I T•￿￿tothetrUSt•O& on rnyex•nin8tton Ofth8•¢￿unts ofth8 (ththble wnF•nybrthe yo8rW￿0d31 Augu8t202
R••pon8lblllll•8 and of r•port
As charity Tru8tee5. are 01>) dlredowl lor ts purF4JW of r￿MpanY Iw. ar• re8pM￿ble for Ihe ￿￿par4￿c￿ of tho
8ccounls In ac¢ordanc* ￿th the rnwirement%ofth• Companlt8 knt 2(*)6 Cthe ￿16 Arf).
Havlng salsfied myself that t￿ 8C(x)unts of the Comp8ny are nc* requked h) bD audit8d Part 1601 the and
•r8 8ll•bl& for IndeF￿nI 8xenMnatlon. I rwrt In ro8* of rny ￿mInatIOn of your charW8 8￿nts ¢arriad uThl•r
clhtin 145 of the Chartt￿5 Act 2011 2011 Arfl. In out my examina¢(on I hava followed th DIr¥C4￿ glv¢n by
th8 ¢hailty comm1B￿On under section 145(5llbl of the 2011 Act.
Ind•p•nd•rrt ex•rnln¢rn*tthn¢rt
Slnc* th¢ Ch8rftsbb companl8 In￿rne oxctsded £250,CQO. y(wr examiner m￿1 b• 8 m￿1)0r of 8 Itsknj in
8Ctlon 145 of the 2011 AGt. I mnfimi that l am qualllltrj lo undtrtake thB examkn8lion by vi￿0 of my member8hlp of . whlth
J50ne oflhg ￿￿1￿￿ bDdkn.
I h9vel￿mplOted rnyexananalKfft. I confirmthat no Matters havo¢om8to myatt•ntknD rn C￿￿etti￿n wlth the examI￿￿on
glvlng m& ￿U80 to ￿ravo that in anymaterfal re8P8d:
1. a¢counlSngr8c(rts**r• Th)tk8rl tn rg8pe¢tofth•Comp8nyaB r8Wr•d ty8ecllffi 386oftho2006A¢t or
2. the4￿nts thintstatxx¥dwllh th¢)80 r¢ttJrd&.'
3. thè a(rounts do ￿t¢0mplY￿1th th8requlrement5 ofsg¢tion 396 ofthe 21106Act olh8rthan anywuirom&nttr*tth•
a¢¢ounts yvo a In￿ and fvirwèvl Is not 8 rnatterc*)nsld¥red a8 Wt ofan lThlep8ndont eX8rnln4kn.'
4. thgawjunts have not b88npreprnl In 8ccordan¢8*th thè melhods an¢ win(iplosof stst•rn8nt of R8wnmend•d
PrnCt￿ foraccowting and mpotting by ¢hariti88 Op￿ICable to prwrfno thdr acwunts In •ccordance*Yth the
Flnancial Rewtirvj Standard apF41c8N• In the UK 8nd Reput41¢ of Ir8lanL1 (FRS 1021.
I have rto conc4m8 and have come 8rmss nooiher matt•rs In ttjnnacllonwiih the ex•rninatlonto wrt￿¢h 8htyJld bg
drawn in thi8 worl in ordor logna￿e a woperuThderstanthng ofth• aCt￿nISt0 bo
Emm8nud Mensah FWAT
Ground Floor Westoffico 10
Niehda¥ HO￿¢. Rivor Front
Enfiald
EN13TF
Dattr.. 24 June 2024
3of12

URBAN SYNERGY
Ststementof Financral Adivfties (including Income Expend￿re Account)
Forthe year ended 31 August 2023
fitnd•
Donations athl legadt8
01hert￿liThJ•c￿Wti•¥
Investmerts
570,e63
421,035
17.492
Totsl
41974
644140
7.387
ExP•ndI￿r0
Charttsbje acltr•tdpB
Other¢xpendthrè
1fj40.O)51
143B&12)
12151
{4xn7)
(640,W4
R•¢orKlll•tlon olfvnd•
Tol81 lunds brouphtfcThbTd
4135
332,531
325.011
4of12

Regiaknj Number:
07358294
URBAN SYNERGY
Statsment of Financfal P0s￿on
As at 31 August 2023
Flx•d
12
13
Cash at b#nk•nd in Iw
130.158
431,170
42220
Crnth1￿ amourt• tsllng du•withfn •n• J
N•t currnntaB••ts
T¢tal #*ots IM* curY••* lknl
14
(225.6LKII
1120.2251
33¥,728
331,5
332W1
332.S31
Th• fund• orth• chwxy
Unrestrthd lur*l$
15
336,666
332.$31
Fw th& yw 8nd0d 31 Auw5t 2023th9 ￿rnPary wa% •ntiUed lo exompthjn from •Jdtt und8r w￿[on 47Td thg Cthrpanles
Act2006 relating to smah cernpath&
Tha momb8rs hav¢ requ¥￿ r￿rnPany to obtaln an of Its accxJunts for Ihe yw li qU￿lIOn h attu¢•n¢•
th 58cllon 476.
Th¢ In￿tea¥ 8c*Tr)*ledye re8pon8lbl￿￿69 for +>JmF4yxi9 th th• rewtremèn18 of ts Act th r88P•Ct to actwnung
f8C4)rds ond the pr8Parati￿ of *counts. Th06è aCLX)iin18 l*ve ￿en prepared In a￿Vda￿ with Ihe provWon8
appll¢èL*& to ￿MPa￿ 8utle(*to the Small ¢cffipanies' rnglme.
Th•fin9nClelstst￿•ntSW￿r•8￿0V*j gn¢jaUtt￿rtO•d for1s¥￿byth•B0srd4ftd *nod on tt¥ b•h8Wby.
DOn￿n DovJd8
Trusteo
Sof12

URBAN SYNERGY
Notes to th8 Financiai Statements
For the yearended 31 August 2023
1. Aoo•Jntlry Polkl•s
Ba•hof accoub)tlng
• financ5￿ statements have been prwred und•r the hIst￿l¢al cost cOnvent￿n, except fr*Inv￿lrn8nts vthlch are
induded 8t market VBlue 8nd the revaluaoon of cortain fixed as58t8 and in ac¢0rd8nC8￿h the Ch8rlties SORP IFRS
1021'A¢c*Junb"ng and Re￿rtIngbYCharfI1e6. Ststgrn•ntolRacomrnendpd Practlcèapplicoble tocharfty￿ prepeong their
8Luunts In accordan￿ wth Iho Finafi￿al Reporting Standard appllcat48 In tho UK and Repubjk of {FRS 1021
laffecuvo 1 J8nuary2019)', F(nantsèl Reportlrw Standard 102 Ihv FIn￿441 Roportfng StoThaard 8pplirAblo In thg UK and
R•pubJlc oflrdand IFRS 102). and tho Compani8s*A*20Cfj.
URBAN SYNERGY mo•tsthe deffnthn ofa publl¢knofit¥nUty undgr FRS 102. Assèts8nd llabl1￿$ are InM8ly
rac*¥nW at hl$torical ￿tOrtran84¢tknn v8luounl888 otherw18* 5tat•J knthèto18vantartounUng ￿l1¢y￿￿tel¥).
2. In¢orn fr•m donatlon• and
2022
Unrpstrktsd l￿d
717V2
497.901
Gmnts reLxiv•d
57034
3￿201
Fund r￿S[n9•y6n18
29.603
17Atr2
17AY4
Bank Int￿￿1¥￿Vable
6of12

UR&4N SYNERGY
Notes to the Financlal Statements ContiTwJed
For Ihe year ended 31 August 2023
Oth•rln¢
UTrr•¥trl¢t•d fun
43.974
7.387
41974
7A17
Cojts olrhar*ablo by fund typ•
Unr••trfdAd funth
Youlh Menb)rfrvJ, S8Trlnars&
Wowkshops
Supportwst¥
&)6.￿7
230.026
208,476
Youthmenlorfrtg. sen￿ne￿a
806.697
640.005
44502
Anaty•h olsupport eo•ts
Yoth IlwrtorfrwJ* 8•MIn￿ & Wwk•h
174,950
11240
15265
SupportCosts-
Resourcas
G0veMBn￿ eL*
11871
12,104
333
7,¢r21
7of12

URBAN SYNERGY
Notes to the Financial Statements Conllnued
For the year ended 31 August 2023
N•t In¢om•I{•Yp•ndi￿l•) forth• ymr
This is Stated aft•rd*rglnWlryo¢lltlng}.'
2022
Independent examlmes f88S
Staff pe￿￿n￿￿ti1bUtion8
5A72
14,788
4,314
2217
10. PJtaff co8t• *nd •m￿M￿nts
Totsi 81aff ￿51$fOrth? y￿r ended 31 ￿O￿20f8W0ro'.
Sa18riw and wago6
221042
40.012
14.786
151M7S
P•n8k*n costs
2317
181J47
Almin & &pport Stal
13
13
11. COM￿rat￿•T￿th• slat•n￿￿oI Fln•KlalA¢Uvld
Thecornpwativoyearvaluosonthe Statèmentof Fhw(¥alAdvNlas ￿fOr￿n￿$trl¢Wfijwj
12. knt*nglbl• fix•d •M•ts
C•* orv•lwth
At 01 S•plem￿r ￿22
At 31 ￿gUst 2CQ3
N•t book valu
At 31 Augu8t20rJ
At31 Augu512022
8of12

URBAN SYNERGY
Notss to th8 Flnancl* Statements Continued
For Iha year ended 31 August 2023
Amount* du• *lthln w*y••r.
TradedebtL¥
PrepayTr*nts and ￿ed Incom•
Oiher dpbknr¥
105.708
24.448
4,081
88.139
42220
l& Cr•thrn: an￿￿1111￿9 du• >•r
$and d•ferndlncomo
13.584
212.016
112.389
120225
1& Mov•m•ntln fvnd•
knc•mthg
332￿31
644.140
1640.CQ5)
336,686
332A31
641140
{040,0051
334686
B•lon¢e•t
¢omlnv
Gonernl
32&011
446,237
143171n
332,531
J32,531
Goneral
Tlwè w•fund# not reslrfthd In nabjre can bè •ppli8d as tha eoard fft tyJtV4ithtn the $c¥pa 01th8 ch8dUe
obJ8rls and Intendgd PUWFO805.
of12

URBAN SYNERGY
Notes to the Financial Statsments Contlnued
For the yearended 31 Augu$l 2023
t*glbk* Nthta¥r•nt N•lAM•f•
Gen8rn1
335.726
338.686
Ger￿41
331,591
332.531
10of12

URBAN SYNERGY
Detailed Statement of Financlal ActMIl68
For the yearended 31 August 2023
IM¢OPIE AND ENDry•Vh
DoNt1￿* and1•o•Ele•
Special DDnallong
GIftAfd IrK¥me
50.811
5086
1.137
218,252
134,269
12.6
1698
101
145,257
Corptrrnta
MenttyirvJ Irwm
Fund r&i51ng8v*)ts
29,503
17.492
29A03
17￿2
Banklnter•5trnc4lvaL40
323
Oth•rinrome
43.974
7287
41974
7Jri
Tot•1 Incomlng
EXPENDrruRE
641,140
Staff costs-waps & 6alar
staff ￿$ts. SOLaal sevjwitytosls
Staff ¢ost5. Fen51￿ contribuOorA
COntr￿lstaff Costs
(228,042)
140.6121
{14,786)
130.4511
(48.434}
189,2201
(16,504)
If51.6751
porffi)
21T)
150.3211
180.3451
145,6621
112.8611
(T,5671
.650)
(9,8991
.4eo}
E4emlna
UKPN Ments•Salaries
Mentoo Ewn688
M8nte8 CRB Che(*s
Prol•ssh?nal F•¢$
{41,340)
147,4211
History Morth
Fundrabiryg
SutrWlon8 & Mem. Du¢$
Work Experftrr
{12.8621
(1,1001
13&925)
13.5731
(006M971
(402.7XII
P151
1215)
Staff ￿$￿-Wag¢S & $8larf8S
Staff costs-$ocid seujrfty
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URBAN SYNERGY
Detailed Statement of FinanrAal Acfivllies Continued
For the yearendad 31 August 2023
Staff o)8ts. K*nslc•) l￿bU*)n9
112.871)
1112401
(118n)
12401
SupportCo8ts. Resoutc•s
(12.1041
1#5.265)
1111041
{15315)
Indep8rnlent Examlnws beg
1&472)
{2,861)
14,314)
12,7071
(0.3331
Cl￿21)
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13fj
7J20
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UR&4N SYNERGY
Inthpendwrt Examlner6 Report to the Trnsteos
Forlhg yaarondod 31 August 2023
•unts In 1¢wth￿tY￿1h th• r*quIr￿m￿ts oftho ¢￿￿PInI•l **12£￿(￿•211?6P#
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•o¢tM 146 01 th8rfti8& 2011 2011 Actl ry WAI￿n￿￿on I fdltyawj Oir•th by
the C*arlty Comrf$4ton ￿der4e￿i4)Th 14515XtsI of I￿2011
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f. ¥￿1￿918￿d•*￿￿Ik￿0nWpw￿o1tscCfflPyry￿l•tyI1¥d ty••¢lon306olthJ20M*4
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EN1 3TF
Dalo: 24 June 2024
30112