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← Ne Youth

2025-03-31-accounts

CharityNumber:1139518 Company Number: 07303754

NE Youth Limited

(a company limited by guarantee)

Report of the Trustees and Financial Statements for the year ended 31 March 2025

NE Youth Limited

(a company limited by guarantee)

Contents

Page
Chair’s Executive Statement 1
Trustees’ Annual Report 2-7
Independent Auditor’s Report 8-11
Statement of Financial Activities 12
Balance Sheet 13
Cashflow Statement 14
Notes to Financial Statements 15-30

NE Youth Limited

(a company limited by guarantee)

Chief Executive’s Statement For the year ended 31 March 2025

Hello and Welcome

Hello and Welcome to our Trustees Annual Report covering the period of April 1st 2024- March 31st 2025.

As always, it’s a privilege as CEO to introduce this year’s report in what is such a special (90th Anniversary) year for our organisation. Established in 1935 as the Northumberland Association of Boys Clubs we have a rich and proud history of supporting Young People and Youth Organisations across the region.

The difference we make (our Impact) with Young People continues to remain our main priority and in the main body of the report we share some incredibly impressive numbers and impactful case studies.

A particular shout out this year for our staff team. The recent twelve months have proved incredibly challenging for the Youth Sector and locally based organisations and at NE Youth we are not immune to this. These external challenges place additional pressure on the team as we continue to deal with uncertainty and change. I would therefore like to place on record my thanks and appreciation to the whole team.

During the year our amazing Board of Trustees/Directors have continued to demonstrate their leadership, passion, commitment and support to the team which is hugely appreciated. Sarah Furness and Rebecca Beeby have proved valuable additions to our Board but we were sad to see one of our longer serving Trustees Martin Cave step down along with Anne Moyle who joined our Board following our merger with NCAC in 2023.

Our Trustees are about to launch our new three-year strategic plan which will focus on the following key pillars, Sustainability, People, Inclusion and Impact. The needs and aspirations of Young People are changing and parallel to this more diverse Young People are accessing some of our regular Youth Work sessions, programmes and projects. We need to continue to understand this and adapt our offer accordingly and place the Voice of Young People at the heart of every decision we make.

Despite the challenging environment we continue to be positive and look forward to the year ahead. During this period the governments new National Youth Strategy will be launched and we hope that increased investment will follow.

Finally, I would like to say a huge thank you to all our amazing funders and supporters who continue to place huge trust in us to make a positive difference with young people.

I hope you find the report an enjoyable and informative read and many thanks for your continued support.

Jon Niblo – Chief Executive

1

NE Youth Limited

(a company limited by guarantee)

Trustee Report

For the year ended 31 March 2025

Vision:

Our vision is:

“All young people in the North East of England have the opportunities they deserve to get involved in their communities, enjoy their lives and achieve their potential.”

Mission:

The central purpose and role of NE Youth is defined as:

“To provide a high quality, diverse and positive youth offer in the North East through our own services and by providing our members with relevant information, advice and support.”

Values:

The values that underpin our youth offer are:

  1. Involve – young people are involved in communities and positive activities.

  2. Enjoy – young people enjoy their lives and the communities where they live.

  3. Achieve – young people are prepared for the future and are recognised for their achievements.

  4. Insightful – Building our expertise and our field of work

  5. Engaged – Committed long term to the young people we engage with

  6. Impactful – Working to secure sustainable outcomes

  7. Professional – With everything and everyone

Achievements and Performance

The 2024–25 financial year was a special one for NE Youth, as we celebrated our 90th anniversary of supporting young people across the North East of England. Established in 1935 as the Northumberland Association of Boys Clubs, we have remained steadfast in our mission to empower young people to realise their potential, enjoy their lives, and contribute positively to their communities.

This year also marked an important period of reflection and renewal, as we prepared to launch our new threeyear strategic plan, built around four key pillars: Sustainability, People, Inclusion, and Impact. Although the external environment remains challenging, our commitment to young people, our staff, and our communities has never been stronger. We continue to adapt our offer to meet the changing needs and aspirations of those we serve, always placing the voice of young people at the heart of what we do.

Our vision is that all young people in the North East have the opportunities they deserve to get involved in their communities, enjoy their lives, and achieve their potential.

We deliver this through a high-quality, diverse youth offer, both directly and through our network of member organisations, providing relevant information, advice, and support.

Our Outcomes Framework focuses on four core themes - Involved, Healthy, Safe, and Achieve - which help us guide young people towards informed, independent decision-making and sustainable positive change.

Our Impact

During 2024–25, we directly engaged with 8,292 young people. A further 122,831 individuals benefited indirectly from our work through our wider member network. We supported 242 member organisations, marking a 33% increase on the previous year, and delivered 962 training opportunities across 12 local authority areas.

2

NE Youth Limited

(a company limited by guarantee)

Trustee Report For the year ended 31 March 2025

The results of our programmes for young people speak for themselves:

Programme Highlights

Involved

Through our Ready for Life programme, we delivered informal, interactive sessions in schools on key life topics such as drugs and alcohol, mental health, sexual health, and relationships. Young people consistently described these as “a safe space to talk about whatever they want”, while teachers noted significant improvements in behaviour and engagement.

We also brought young people from across our projects together for shared experiences, such as a memorable trip to Whitley Bay Ice Rink, which helped build friendships, confidence, and inclusion across communities.

Healthy

We continued to create spaces where young people could explore what health and wellbeing mean for them. Our gender-specific sessions around healthy relationships and respect had a real impact, encouraging selfreflection and open discussion. During Neurodiversity Celebration Week, we facilitated expressive art sessions that celebrated individuality and helped young people embrace their identity with pride.

We also responded to young people’s interest in practical life skills, arranging first aid training across three of our open access sessions. Participants left feeling more confident in their ability to help others and manage emergencies.

Safe

Our Pathways project supported young people facing difficult circumstances, ensuring they could access the right help at the right time. For example, we helped Eli, a young person referred after a challenging experience with the justice system, to access housing and mental health support. Stories like his remind us why consistent, trauma-informed youth work is so vital.

The OMP programme continued to support young people to address issues around drug involvement, exclusion, and safety, helping them to build social awareness and confidence despite ongoing challenges.

Achieve

Our Healing Hearts and Minds programme continued to transform lives. Linda, one of our participants, overcame the effects of bullying and anxiety to enrol in college, secure employment, and regain her independence. Her journey reflects the courage and resilience that young people show when given the right support.

We also celebrated the success of Arthur, a member of our Peer Action Collective (PAC), who completed a Level 2 Certificate in Youth Work and helped lead peer-to-peer research influencing local decision-making. His growth and leadership have been a source of real pride. The wider PAC team have made great impact during the year through their research with young people and their engagement with local and regional decision makers.

3

NE Youth Limited

(a company limited by guarantee)

Trustee Report For the year ended 31 March 2025

Schools and Sector Support

We delivered the Enrichment Partnership Pilot in County Durham, connecting schools with local activity providers and engaging more than 2,700 students. Schools that took the time to listen and act on this youth voice saw a real shift. They introduced new, creative clubs like TikTok, cooking, darts and music jam sessions, resulting in a notable increase in participation, especially from students who had not previously engaged in extracurricular activities.

Through the North East Youth Alliance, we continued to strengthen the regional youth work sector. Our workforce development programme reached over 962 people, providing training on topics such as neurodiversity, safeguarding, and youth mental health. Local youth partnerships have been developed across the region and the Regional Child Poverty Network continues to thrive. The Durham Youth Conference 2024 brought together 131 attendees, including 22 young facilitators who shaped discussions around the National Youth Strategy. Youth Print more generally, provided a range of opportunities for the sector across County Durham, working with a number of locally based anchor organisations. One highlight being, 50 participants completing an Introduction to Youth Work course – vitally important for our next generation of youth workers.

Youth Voice and Recognition

We believe young people must have a say in shaping the world around them. Our “Pizza and Opinions” sessions and Youth Voice groups involved 120 young people across 21 projects, exploring issues from antisocial behaviour to social inclusion. We also delivered 9 Junior Campaigns across the year on a range of diverse issues

We also hosted our newly branded NE Youth Impact Awards, celebrating the achievements of our members, young people, volunteers, and their youth projects. The event welcomed 360 guests, with 118 nominations across 15 categories, and truly showcased the passion and impact of youth work in our region.

Fundraising and Events

Thanks to the generosity of our supporters, we raised £119,800 through an exciting calendar of events. Our Clay Pigeon Shoot raised £80,000, our Burns Night Ball generated £18,500, and our partnership with Bradley Hall’s Festive Fundraiser brought in £8,300. Other highlights included our International Women’s Day Supper Club, Groove on the Tyne, and the Wild Deer Alnwick Park Run. We are very grateful to every sponsor, business, and individual who contributed to our mission.

Looking Ahead

As we move into the next phase of our journey, our new three-year strategic plan will guide us in strengthening our sustainability, investing in our people, and amplifying our impact. We welcome the Government’s forthcoming National Youth Strategy and remain hopeful that it will bring renewed investment into the youth sector.

Despite the challenges of the past year, we are immensely proud of what we have achieved together. Our success is a testament to the dedication of our staff, volunteers, trustees, and supporters - and, above all, to the incredible young people we have the privilege to work with every day.

Reserves Policy

The Trustees’ reserves policy remains to hold unrestricted reserves sufficient to safeguard against volatility in income streams and to cover the costs of winding up in a worst-case scenario. At year-end, reserves remained above the minimum £300k threshold set by the Board.

Cash balances continued to show strong liquidity, with holdings comfortably exceeding average monthly expenditure. Debtors and creditors remained low, demonstrating prudent cash management and the timely settlement of obligations.

4

NE Youth Limited

(a company limited by guarantee)

Trustee Report For the year ended 31 March 2025

Income

Total income for the year was £1,315,163, an increase of £188,616 (17%) on the previous year (2023/24: £1,126,547). This growth was achieved across a broad mix of charitable contracts, grants, and fundraising activities, highlighting the strength and diversity of our income streams.

The income mix remains strong, with 21% derived from charitable contracts, 61% from grants, and 17% from fundraising events, helping to maintain our financial resilience.

Expenditure

Expenditure totalled £1,367,240, an increase of £354,131 (35%) on the previous year (2023/24: £1,013,109). The increase reflects higher programme delivery, investment in organisational capacity, the challenging external environment and the expansion of activity following the merger. Despite this, costs were well managed, and remain a key focus for the charity.

Financial Position

The 2024/25 result shows a deficit of £59,969. However, given the original budgeted deficit of £112,000 which included planned investment following the merger, the year has closed in a stronger position than forecast.

This performance demonstrates resilience in income generation, effective financial planning, and strong cost control. The Trustees are confident that NE Youth remains financially secure and a going concern, well placed to sustain and grow its impact in the years ahead.

Future planning

In 2025 our organisation hits the incredible landmark of 90 years which will provide an opportunity to celebrate the history and achievements and maximise opportunities to generate additional income to support our work. Further updates will follow.

In the autumn of 2024 we will begin dialogue in relation to our next strategic plan covering April 2025- March 2028. The plan will reflect the emerging needs of Young People and the Communities we provide services and also the ever changing political and economic landscape.

Our priority as ever will be to ensure that we can sustain our current provision and explore new collaborative opportunities to increase the quality and reach of our offer for Young People.

5

NE Youth Limited

(a company limited by guarantee)

Trustee Report For the year ended 31 March 2025

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity Number 1139518 Company Number 07303754 Registered Office The New Inn, Bridge Street, Blaydon, Newcastle upon Tyne, NE21 4JJ

Trustees

The trustees who served the charity during the period were as follows; The trustees who served the charity during the period were as follows; The trustees who served the charity during the period were as follows; The trustees who served the charity during the period were as follows;
A Halliwell
S Vening Treasurer
M Cave Resigned 26 June 2025
N Rogerson
D Lovenbury
S Scott
R Turnbull Chair
D Bawn Secretary
A Traynor
K Gleadow
S Furness
A Moyle Resigned 17 September 2024
S Anderson Resigned 09 September 2025
R Beeby Appointed 26 November 2024
Key Management Personnel
J Niblo Chief Executive
G Lockyer Turnbull Head of Operations
Our advisors
Independent
Auditor S&W Audit 17 Queens Lane, Newcastle upon Tyne, NE1 1RN
Solicitors David Auld Solicitors 22A Newgate Street, Morpeth, Northumberland, NE61 1BA

Legal Status

The charitable company is limited by guarantee and therefore has no share capital. In the event of a winding up, every member (who is a trustee) undertakes to contribute to the payment of liabilities such amount as may be required not exceeding the total of £1.

6

NE Youth Limited

(a company limited by guarantee)

Trustees’ Report (Continued) For the year ended 31 March 2025

STATEMENT OF MANAGEMENT TRUSTEES’ RESPONSIBILITIES

The Management Trustees (who are also directors of NE Youth Limited for the purpose of company law) are responsible for preparing the Management Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that 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.

25/11/2025

This report was approved by the Management Trustees on ………………….

Signed on behalf of the Board

Kirbit …………………………………… R Turnbull Trustee

7

NE Youth Limited

(a company limited by guarantee)

Independent Auditors’ Report to the members of NE Youth For the year ended 31 March 2025

Opinion

We have audited the financial statements of NE Youth Limited (the ‘charitable company’) For the Year Ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group’s or parent charitable company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the trustees’ annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

8

NE Youth Limited

(a company limited by guarantee)

Independent Auditors’ Report to the members of NE Youth For the year ended 31 March 2025

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors’ report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement set out on page 12, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

9

NE Youth Limited

(a company limited by guarantee)

Independent Auditors’ Report to the members of NE Youth For the year ended 31 March 2025

Auditor’s responsibilities for the audit of the financial statements

We have been appointed auditor under the companies Act 2006 and we report in accordance with this Act.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

We obtained a general understanding of the company’s legal and regulatory framework through enquiry of management concerning their understanding of relevant laws and regulations, the entity’s policies and procedures regarding compliance, and how they identify, evaluate and account for litigation claims. We also drew on our existing understanding of the company’s industry and regulation.

We understand that the company complies with the framework through:

In the context of the audit, we considered those laws and regulations which determine the form and content of the financial statements, which are central to the company’s ability to conduct its business, and where there is a risk that failure to comply could result in material penalties. We identified the following laws and regulations as being of significance in the context of the company:

We performed the following specific procedures to gain evidence about compliance with the significant laws and regulations identified above:

10

NE Youth Limited

(a company limited by guarantee)

Independent Auditors’ Report to the members of NE Youth For the year ended 31 March 2025

The senior statutory auditor led a discussion with senior members of the engagement team regarding the susceptibility of the entity’s financial statements to material misstatement, including how fraud might occur. The areas identified in this discussion were:

These areas were communicated to the other members of the engagement team not present at the discussion.

The procedures we carried out to gain evidence in the above areas included:

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Use of Our Report

This report is made solely to the charities trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charities trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Craig Henderson (Senior Statutory Auditor) For and on behalf of S&W Audit

……16 December 2025……..

Chartered Accountants and Statutory Auditors

17 Queens Lane Newcastle upon Tyne NE1 1RN

11

NE Youth Limited

(a company limited by guarantee)

Statement of Financial Activities (Incorporating the Income and Expenditure Account) For the year ended 31 March 2025

Unrestricted Designated Restricted
Total
Total
Funds
Funds		 Funds
2025
2024
Notes £
£		 £
£
£
Income from:
Donations and grants 4 47,031
-		 916,896 963,927 577,382
Charitable activities 5 117,396
-		 - 117,396 239,709
Fundraising income 6 226,904
-		 - 226,904 175,731
Investment income 7 6,936
-		 -
6,936
7,870
NCAC Merger 8 -
-		 -
-		 125,855
_
_		 _ _ _
Total income 398,267
-		 916,896 1,315,163 1,126,547
_
_		 _ _ _
Expenditure on:
Raising Funds 9 72,705 - -
72,705
42,451
Charitable activities 9 277,834
-		 1,016,701 1,294,535 970,658
_
_		 _ _ _
Total expenditure 350,539
-		 1,016,701 1,367,240 1,013,109
_
_		 _ _ _
Net Income/(expenditure) 47,728
-		 ( 99,805 ) ( 52,077 ) 113,438
Unrealised (loss)/gain on investment 14 ( 7,892 )
-		 -
( 7,892 )
7,730
Transfers 19 58,314
( 58,314 )		 -
-
-
_
_		 _ _ _
Net movements in funds 98,150
( 58,314 )		 ( 99,805 ) ( 59,969 ) 121,168
Reconciliation of funds
Total funds brought forward 520,790
58,314		 180,298 759,402 638,234
_
_		 _ _ _
Total funds carried forward 618,940
-		 80,493 699,433 759,402
_ _ _ _ _

The Statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been prepared.

All of the above amounts relate to continuing activities.

12

NE Youth Limited

(a company limited by guarantee)

Balance Sheet As at 31 March 2025

Notes 2025 2025
2024
£ £
£
Fixed assets
Tangible assets 13 35,826 35,826
39,485
Investments 14 238,619 238,619
242,388
_ _
_
274,445 274,445
281,873
Current assets
Debtors 15 88,802 88,802
52,191
Cash at bank and in hand 381,225 381,225
458,849
_ _
_
470,027 470,027
511,040
Liabilities
Creditors: amounts falling due
within one year 16 ( 45,039 ) ( 33,511) ( 45,039 ) ( 33,511)
_ _
_
Net current assets 424,988 424,988
477,529
_ _
_
Total assets less total liabilities 699,433 699,433
759,402
_ _
Funds
Restricted funds 80,493 80,493
180,298
Designated funds - -
58,314
Unrestricted funds 618,940 618,940
520,790
_ _
_
19 699,433 699,433
759,402
_ _

25/11/2025

The financial statements were approved by the trustees on ………… and signed on their behalf by:

Kirbit

…………………………….

R Turnbull Trustee

Company Number 07303754

13

NE Youth Limited

(a company limited by guarantee)

Cash Flow Statement For the year ended 31 March 2025

Notes 2025
2024
£
£
Net cash flow from operating activities:
Net cash provided by operating activities 22 ( 78,622 )
131,255
Cash flows from investment activities
Interest receivable and investment income 6,936
7,870
Sale of listed investments 36,793
18,278
Purchase of tangible fixed assets ( 3,705 ) ( 56,066 )
Purchase of listed investments ( 39,026 ) ( 30,649 )
_
_
Net cash flow from investing activities 998 ( 60,567 )
_
_
Net increase in cash and cash equivalents
 ( 77,624 )
70,688
Cash and cash equivalents at the beginning of the year 458,849
388,161
_
_
Cash and cash equivalents at the end of the year 381,225
458,849
_ _

14

NE Youth Limited

(a company limited by guarantee)

Notes to the Financial Statements For the year ended 31 March 2025

1. Accounting Policies

1.1 Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019, Charities SORP (FRS 102), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting Practice.

NE Youth Limited meets the definition of a public benefit entity under FRS 102. The financial statements are prepared under the historical cost convention or transaction value unless otherwise stated in the relevant accounting policy note(s). The financial statements are prepared in Sterling which is the functional currency of the charity and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

1.2 Going concern

The financial statements are prepared on a going concern basis. The Trustees have reviewed the annual budgets and considered relevant information in response to the external environment. Actual results are monitored against budget. Based on these assessments, given the measures that could be undertaken to mitigate any adverse conditions, and the current resources available, the Trustees have concluded that they can continue to adopt the going concern basis in preparing the annual report and accounts.

1.3 Funds

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the charitable company and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors which have been raised by the company for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

15

NE Youth Limited

(a company limited by guarantee)

Notes to the Financial Statements (Continued) For the year ended 31 March 2025

1.4 Incoming resources

All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity has entitlement to the funds, any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.

Income from charitable activities includes income received under contract or where entitlement to grant funding is subject to specific performance conditions and is recognised as earned. Grant income included in this category provides funding to support performance activities and is recognised where there is entitlement, certainty of receipt and the amount can be measured with reasonable certainty. Income received to deliver services over a specific period covering more than one financial year is accounted for over the specific period; related expenditure is accounted when incurred.

Investment income relates to interest earned through holding assets on deposit.

In accordance with the Charities SORP (FRS 102), the general volunteer time is not recognised and refer to the trustees’ report for more information about their contribution.

1.5 Expenditure and irrecoverable VAT

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably.

Irrecoverable VAT is charged as an expense against the cost for which the expenditure arose.

1.6 Support cost allocation

Support costs are those that assist the work of the charity but do not directly represent charitable activities and include office costs, governance costs and administrative payroll costs. They are incurred directly in support of expenditure on the objects of the charity.

16

NE Youth Limited

(a company limited by guarantee)

Notes to the Financial Statements (Continued) For the year ended 31 March 2025

1.7 Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Office Equipment - 10% reducing balance Computer Equipment - 20% straight line

All assets costing more than £1,000 are capitalised, unless paid directly by a grant where capitalisation is not approved.

1.8 Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

1.9 Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

1.10 Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement after allowing for any trade discounts due.

1.11 Financial instruments

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 bank loans which are subsequently measured at amortised cost using the effective interest method.

1.12 Pensions

The charitable company contributes to a defined contribution pension scheme for the benefit of its employees. The assets of the scheme are held separately from those of the charitable company. The annual contributions payable are charged to the Statement of Financial Activities.

1.13 Tax

The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and 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.

17

NE Youth Limited

(a company limited by guarantee)

Notes to the Financial Statements (Continued) For the year ended 31 March 2025

2. Legal status

NE Youth Limited is a company limited by guarantee, registered in England and Wales, (No 07303754) and not having a share capital. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.

3.
Comparative unaudited statement of		 3.
Comparative unaudited statement of		 financial activities
Unrestricted Designated Restricted
Total
Total
Funds Funds Funds
2024
2023
Notes £ £ £
£
£
Income from:
Donations and grants 4 267,451 - 309,931 577,382 311,766
Charitable activities 5 24,887 - 214,822 239,709 419,670
Fundraising income 6 175,731 - - 175,731 192,387
Investment income 7 7,870 - -
7,870
5,220
NCAC Merger 8 33,117 - 92,738 125,855
-
_ _ _ _ _
Total income 509,056 - 617,491 1,126,547 929,043
_ _ _ _ _
Expenditure on:
Raising Funds 9 42,451 - -
42,451
63,047
Charitable activities 9 260,266 115,796 594,596 970,658 826,833
_ _ _ _ _
Total expenditure 302,717 115,796 594,596 1,013,109 889,880
_ _ _ _ _
Net Income/(expenditure) 206,339 ( 115,796 ) 22,895 113,438
39,163
Unrealised gain/(loss) on investment 7,730 - -
7,730 ( 18,776 )
Transfers 19 ( 1,746 ) - 1,746
-
-
_ _ _ _ _
Net movements in funds 212,323 ( 115,796 ) 24,641 121,168
20,387
Reconciliation of funds
Total funds brought forward 308,467 174,110 155,657 638,234 617,847
_ _ _ _ _
Total funds carried forward 520,790 58,314 180,298 759,402 638,234
_ _ _ _ _

18

NE Youth Limited

(a company limited by guarantee)

Notes to the Financial Statements (Continued) For the year ended 31 March 2025

4. Donations

2025 2024 £ £ Grants 916,896 523,209 Donations 47,031 54,173 _ _ 963,927 577,382 _ _ Grants provided by; Ballinger Charitable Trust Barbour Foundation Believe Housing Community Foundation County Durham Community Foundation - Know Your Neighbourhood Culture Bridge North East Dickon Trust Fund Durham Constabulary - Youth Voice Family Gateway - Million Hours Funding Gateshead Collage Gateshead Council - Gateshead UKSPF Hadrian Trust Henry Smith Joicey Trust Joseph Strong Frazer Trust LGA Foundation National Lottery Community Fund NBCS NCS Netherton Park Trust Newcastle City Council - Newcastle City Council UKSPF Newcastle City Council - Newcastle Youth Fund North Standard Limited North Tyneside Council - Youth Forward Northumberland Football Association Northumberland Village Home Trust Northumbria Police and Crime Commissioner Oliver Wyman Digital Percy Hedley Ponteland Town Council Postcode Lottery Scholefield Charitable Trust Sir James Knott Trust

19

NE Youth Limited

(a company limited by guarantee)

Notes to the Financial Statements (Continued) For the year ended 31 March 2025

5.
Income from charitable activities
Development work and provision of club services
6.
Fundraising income
Income from fundraising
7.
Investment income
Income from investments
8.
Other income
Northumbria Coalition Against Crime (NCAC)
9.
Analysis of expenditure
Expenditure on raising voluntary income
Investment management fees		 2025
£
117,396
_
117,396
_
2025
£
226,904
_
2025
£
6,936
_
2025
£
-
_
2025
£
70,081
2,624
_
72,705
 2024
£
239,709
_
239,709
_
2024
£
175,731
_
2024
£
7,870
_
2024
£
125,855
_
2024
£
40,810
1,641
_
42,451

20

NE Youth Limited

(a company limited by guarantee)

Notes to the Financial Statements (Continued) For the year ended 31 March 2025

9. Analysis of expenditure (continued)

Activities
undertaken
directly
£
Development Work and provision of club
services
1,142,116
_
1,142,116
_
Support & Governance costs
Staff Costs
Staff and volunteer
Office
Premises
Governance		 Support
costs
2025
£
£
152,419 1,294,535
_ _
152,419 1,294,535
_ _
2025
£
40,810
1,742
36,899
56,825
16,143
_
152,419
 2024
£
970,658
_
970,658
_
2024
£
40,810
1,657
42,779
36,225
27,403
_
148,874

10. Support & Governance costs

21

NE Youth Limited

(a company limited by guarantee)

Notes to the Financial Statements (Continued) For the year ended 31 March 2025

11. Net income/(expenditure) for the year

This is stated after charging:

Depreciation
Audit fee		 2025
£
7,364
12,000
 2024
£
28,124
12,000

12. Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel

Staff costs were as follows:

Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Charitable activities		 2025
£
711,465
60,153
35,823
_
807,441
_
2025
Number
40
 2024
£
465,471
41,004
23,378
_
529,853
_
2024
Number
28

During the year no (2024 – none) employees received total employee benefits (excluding employer pension costs) of more than £60,000.

The charity trustees were not paid or received any other benefits from employment in the year (2024 - £nil). No trustees were reimbursed expenses during the year (2024 - £nil). No charity trustee received payment for professional or other services supplied to the charity (2024- £nil).

The total employee benefits of the key management personnel of the charity were £107,577 (2024 - £110,885).

22

NE Youth Limited

(a company limited by guarantee)

Notes to the Financial Statements (Continued) For the year ended 31 March 2025

13. Tangible Fixed assets

Equipment
£
Cost
At 1 April 2024
88,103
Additions
3,705
_
At 31 March 2025
91,808
_
Depreciation
At 1 April 2024
48,618
Charge for the year
7,364
_
At 31 March 2025
55,982
_
Net Book Value
At 31 March 2025
35,826
_
At 31 March 2024
39,485
 Total
£
88,103
3,705
_
91,808
_
48,618
7,364
_
55,982
_
35,826
_
39,485

23

NE Youth Limited (a company limited by guarantee)

Notes to the Financial Statements (Continued) For the year ended 31 March 2025

14. Fixed asset investments

Listed Investments
Cash funds held with investment managers
Listed Investments
Market Value
At 1 April 2024
Additions
Disposals
Unrealised gain on investments
Historical cost		 2025
£
233,191
5,428
_
238,619
_
2024

£

238,850

3,538

_

242,388
_
£
238,850
39,026
( 36,793 )
( 7,892 )
_
233,191
_
232,436
 2024
£
238,850
3,538
_
242,388

Equity investments that are traded on a quoted market are held at fair value determined by reference to the quoted price for identical assets in an active market at the balance sheet date.

24

NE Youth Limited

(a company limited by guarantee)

Notes to the Financial Statements (Continued) For the year ended 31 March 2025

15. Debtors

Debtors
Trade debtors
Prepayments and accrued income
Creditors: Amounts falling due within one year
Trade creditors
Accruals and deferred income
Social security & pension creditor
Other creditors		 2025
£
3,024
85,778
_
88,802
_
2025
£
18,517
7,912
17,625
985
_
45,039
 2024
£
1,865
50,326
_
52,191
_
2024
£
16,826
14,150
1,201
1,334
_
33,511

16. Creditors: Amounts falling due within one year

17. Deferred income

Deferred income relates to grants received relating to future periods.


Opening balance
Resources deferred during the year
Amounts released from previous years
Closing balance		 2025
2024
£
£
-
21,455
-
-
- ( 21,455 )
_
_
-
-

18. Pension costs

The charitable company operates a defined contribution pension scheme, during the period contributions of £35,823 (2024 - £23,378) were paid into the scheme. At the year end, £4,664 (2024 - £3,342) was payable to the pension provider.

25

NE Youth Limited

(a company limited by guarantee)

Notes to the Financial Statements (Continued) For the year ended 31 March 2025

19. Fund reconciliation

Balance
At 1 April 2024
Income Expenditure
Transfers
Unrestricted funds
General funds
520,790
398,267
( 350,539 )
58,314
_ _
_
_
Designated funds
Maglin Woods
58,314
-
-
( 58,314 )
_ _
_
_
Total
579,104
398,267
( 350,539 )
-
Restricted funds
Terry Liffen Fund 1,163
- -
-
Growth and Resilience 4,344
- ( 4,344 ) -
Schools Work
6,770
8,540
( 10,310 )
-
Rye Hill
40,481
-
( 700 )
-
Mentoring
29,752
30,554
( 37,398 )
-
RW Mann
3,000
-
( 3,000 )
-
Throckley
1,234
25,747
( 24,740 )
-
Odysseus Mentoring Partnership 68,369
141,750
( 210,119 )
-
West Moor End
24,935
6,234 ( 31,169 )
-
Lemington
-
26,705
( 26,705 )
-
Fenham and Wingrove
-
30,000 ( 30,000 )
-
Know your Neighbourhood
-
19,327
( 19,327 )
-
Winlaton/Blaydon
-
74,539
( 74,539 )
-
Kenton
-
24,871
( 24,871 )
-
NCS
-
116,074
( 116,074 )
-
NEYA
-
108,344
( 108,344 )
-
YEF
-
53,515
( 53,515 )
-
Youth Print
-
120,979
( 120,979 )
-
Ponteland
-
21,190
( 21,190 )
-
VCSE
-
9,400
-
-
Howdon
-
19,695
( 19,695 )
-
Gateshead
-
27,610
( 27,610 )
-
North Tyneside
-
19,908
( 19,908 )
-
Programme
-
31,914
( 31,914 )
-
Other <£1000
250
-
( 250 )
-
_ _
_
_
180,298
916,896 ( 1,016,701 )
-
_ _
_
_
Total of funds
759,402 1,315,163 ( 1,367,935 )
-


 Balance
Gains/ 31 March
(losses)
2025
( 7,892 ) 618,940
_ _

-
-
_ _
( 7,892) 618,940
-
1,163
-
-

-
5,000

-
39,781

-
22,908

-
-

- 2,241

-
-

-
-

-
-

-
-

-
-

-
-

-
-

-
-

-
-

-
-

-
-

-
-

-
9,400

-
-

-
-

-
-

-
-

-
-
_ _

-
80,493
_ _
( 7,892) 699,433

26

NE Youth Limited

(a company limited by guarantee)

Notes to the Financial Statements (Continued) For the year ended 31 March 2025

19. Fund reconciliation (Continued)

Balance
At 1 April 2023
Income Expenditure
Transfers
Unrestricted funds
General funds
308,467
509,056
( 302,717 )
( 1,746 )
_ _
_
_
Designated funds
Maglin Woods
144,110
-
( 85,796 )
-
Merger with NCAC
30,000
-
( 30,000 )
-
_ _
_
_
Total
482,577
509,056
( 418,513 )
( 1,746 )
Restricted funds
Terry Liffen Fund 1,913
- ( 750 )
-
Growth and Resilience 8,688
- ( 4,344 )
Employability Programme
15,221
4,246
( 19,467 )
-
Schools Work
5,000
8,540
( 6,770 )
-
Rye Hill
44,322
-
( 3,841 )
-
Blaydon
8,388
10,000
( 18,388 )
-
East Durham Youth
-
-
-
-
Fenham and Wingrove
30,000
-
( 30,000 )
-
Know your Neighbourhood
20,260
26,962
( 47,222 )
-
Mentoring
7,995
65,913
( 44,156 )
-
RW Mann
6,000
6,000
( 9,000 )
-
Throckley
3,870
10,055
( 12,691 )
-
Winlaton
4,000
1,952
( 5,952 )
-
Kenton
-
9,043
( 9,043 )
-
NCS
-
-
( 1,746 )
1,746
NEYA
-
126,231
( 126,231 )
-
YEF
-
34,348
( 34,348 )
-
Youth Print
-
94,509
( 94,509 )
-
Odysseus Mentoring Partnership
-
144,738
( 76,369 )
-
West Moor End
-
24,935
-
-
Ponteland
-
23,390
( 23,390 )
-
Programme
-
25,510
( 25,510 )
-
Other <£1000
-
2,119
( 1,869 )
-
_ _
_
_
155,657
617,491
( 594,596)
1,746
_ _
_
_
Total of funds
638,234 1,126,547 ( 1,013,109 )
-


 Balance
Gains/ 31 March
(losses)
2024

7,730 520,790
_ _

-
58,314

-
-
_ _

7,730 579,104
-
1,163
-
4,344

-
-

-
6,770

-
40,481

-
-

- -

-
-

-
-

-
29,752

- 3,000

- 1,234

-
-

-
-

-
-

-
-

-
-

-
-

-
68,369

-
24,935

-
-

-
-

-
250
_ _

- 180,298
_ _

7,730 759,402

Designated funds

The £229,890 relates to a gift of Maglin Woods from The Young Off Roaders Project. The Trustees have designated this for investment in developing NE Youth's services.

The £30,000 relates to anticipated costs associated with the merger with Northumbria Coalition Against Crime (NCAC).

27

NE Youth Limited

(a company limited by guarantee)

Notes to the Financial Statements (Continued) For the year ended 31 March 2025

19. Fund reconciliation (continued)

Restricted funds

Terry Liffen Fund - Income received to fund annual clay pigeon shooting event.

Growth and Resilience - To build resilience through digital transfoirmation whill will aid the organisation to have greater internal capacity to allow for growth.

Employability Programme - To deliver the 5 steps programme.

Schools Work - To develop and deliver a range of programmes to schools across the North East.

Rye Hill - To provide financial support for children and young people especially in Education/training and Amateur Sport in Newcastle (Rye Hill Youth Club funds were transferred to NE Youth in January).

Blaydon - To work with Twisting Ducks Theatre Company to create an awareness video about an issue that matters to them. The group chose climate change.

East Durham Youth – To support the development of the East Durham Youth Strategy.

Fenham and Wingrove – To support the delivery of activities and trips for the youth project.

Know your Neighbourhood – To boost volunteering and help young women with the tools they ned to navigate life beyond.

Mentoring – Healing Hearts & Minds will support young women with the tools they need to navigate life beyond trauma.

RW Mann – To fund three innovative projects presented in September 2022.

Throckley - To support the delivery of activities and trips for the youth project.

Winlaton – Operation Payback Funds remitted by Winlaton Centre to NE Youth for work in Winlaton in April, May and June 2023.

Lemington - To improve local facilities for young people.

Kenton – Open access youth session.

NCS – Pilot programme to link schools and local activity providers. Aim to increase engagement in community activities.

NEYA – Partnership between NE Youth and Youth Focus NE, funded by the National Lottery Community Fund, focussed on creating culture change in the youth sector through the development of local youth partnerships, providing workforce development opportunities and by amplifying youth voice.

YEF – Using the lived experience of young people to inform real social change on local, regional and national scales.

Youth Print – National Lottery funding to enage youth organisations in partnership working and sector support.

28

NE Youth Limited

(a company limited by guarantee)

Notes to the Financial Statements (Continued) For the year ended 31 March 2025

Odysseus Mentoring Partnership - Helping young people at risk of offending or reoffending and their families make positive choices and stay safe

West Moor End – to support the delivery of new youth provision in the area including activities and trips for young people

Howdon - Partnership open access session engaging 11 - 17 year olds in an underserved community.

Ponteland – A dynamic youth session designed to engage young people and develop their skills, relationships and wellbeing.

<£1000 - Smaller funds are combined in this group

20. Analysis of net assets between funds

Year ended 31 March 2025 Unrestricted Designated Restricted
Total
funds
funds
funds
2025
£
£
£
£
Fixed assets 35,826
-
-
35,826
Fixed Asset Investments 238,619
-
-
238,619
Current assets 389,534
-
80,493
470,027
Current liabilities ( 45,039 )
-
-		 ( 45,039 )
_
_		 _
_
618,940
-
80,493
699,433
_ _ _ _
Year ended 31 March 2024 Unrestricted Designated Restricted
Total
funds
funds
funds
2024
£
£
£
£
Fixed assets 39,485
-
-
39,485
Fixed Asset Investments 242,388
-
-
242,388
Current assets 272,428
58,314
180,298
511,040
Current liabilities ( 33,511 )
-
-		 ( 33,511 )
_
_		 _
_
520,790
58,314
180,298
759,402
_ _ _ _

21. Related party transactions

There have been no related party transactions in the year.

29

NE Youth Limited

(a company limited by guarantee)

Notes to the Financial Statements (Continued) For the year ended 31 March 2025

22. Reconciliation of net movement in funds to net cash flow from operating activities

2025 2024
Net (expenditure)/income for the period ( 59,969 )
121,168
Adjustments for:
Depreciation 7,364
28,124
Losses / (Gains) on investments 7,892 ( 7,730 )
Income from investments ( 6,936 ) ( 7,870 )
(Increase) / decrease in debtors ( 36,611 ) ( 751 )
Increase / (decrease) in creditors 11,528 ( 9,977 )
Movement in investment cash ( 1,890 )
8,291
_
_
Net cash used in operating activities ( 78,622 ) 131,255
_ ______

30