Registered Charity Number". 1140105 Company Number: 07461229 SHEFFIELD YOUNG CARERS Sheffield Young Carers Project ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS For the year ended 31 March 2024
Sheffield Young Carers Project Contents Pa8e Legal and administrative information Trustees, annual report 2-21 Independent examiner's report 22 Statement of financial activitie5 23 Balance sheet 24 Statement of cashflow 25 Notes to the accounts 26-31
Sheffield Young Carers Proje Legal and admlni5trative information For the year ended 31 March 2024 Trustees Rosie Valerio Lynda Gill David Stockdale Steven Brookfield Sara Rehman Samantha Pilkington Elizabeth Close Thomas Atkin-withers Richard Ross Resigned 8 February 2024 Appointed 8 February 2024 Key management Sara Gowen Managing Director Joint CEO Joint CEO Until 31 March 2024 From l April 2024 From l April 2024 Laura Selby Char6ty number 1140105 Cornpany nurnber 07461229 Prlnclpal address Unit R7B Riverside Block Sheaf Bank BLAsiness Park 20 Prospett Road Sheffield S2 3EN Accountants Seven Hills Accountants Limited 57 Burton Street Sheffield S6 2HH
Sheffield Young Carers Trustees, annual report For the year ended 31 March 2024 The trustees are pleased to present their annual directors, report together with the financ5al statements of the charity for the year ending 31 March 2024 which are also prepared to meet the requirements for a directors, report and accounts for Companie5 Att purpose5. The financial statements comply with the Charities Art 2011, the Companies Act 2006, the Memorandum and Articles ofAssociation, and the 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 1021 issued in October 2019. Our vlslon, values, mlssion and strategic objectives Sheffield Young Carers Project ISYCI is the only dedicated service for young people with caring responsibilities and/or impacted by familial substance misuse in the city. Our vision is 'to work with young people to make a difference for life,. Young people are always at the heart of what we do., our service model is rights-based and needs-led, helping u5 to identify. engage and support young carers and young people affected by f3milial Substance misuse. We have an excellent reputation for high-quality service delivery and effertive awareness-raising work. But we want to do more. We wantto make a differenceforlifeforallyoungcarers and youn8 people affected by familial substance misuse. Since April 2019, we have been funded to support young people affected by familial substance misuse. We reviewed our values and mission in 2022 to ensure our service meets the need5 of all the young people we support. Many young people affected byfamilial substance misuse have also been young carers as part of their lived experience. However, we have adapted our values and our service to ensure that we provide a high quality and relevant support around the issues of substance misuse. its impact on young people and families. as well as linking Strategically into meetings and networks around substance misuse issues in Sheffield. In 2022, we received additional funding from the Office for Health Improvements and Disparities, through Sheffield City Council, to further develop our work including deliverin8 the M-PACT programme for families (see below). This programme will run until March 2025. SYC revlewed It Strategic Vislon In 2022, establishing a new plan for 2023-28. The reviewed and revised values, mission and objectives are outlined below. SYC values are: Incluslon: we welcome and involve everyone, and challenge discrirnination Innovatlon: we reflect and change to always do the best we can Insp5ratlon: we share our expert15e and energy to inspire positive change Impact.. we see and nurture potential to make lasting change
Sheffield Young Carers Project Trustees, annual report - continued For the year ended 31 March 2024 SYVS Mlsslon, we will.. l. Promote the needs and rights of children and young people who are Grers and/or lrnpacted by familial substance misuse. 2. Involve and inspire children and young people, families and the wider community to create lasting change. 3. Challenge discrimination and oppression, and advocate for the rights of individuals and oppressed groups. 4. Learn from, develop and share best prartice to continually improve ourservice. 5. Enable others to improve the lives of children and young people who are carer5 andlor imparted by familial substance misuse. SYC'S strategic objectives 2023-28 Our objertive5 explain how we wlll work to meet our vlslon and mission. We will: l. Our young people's participation and voice at the heart of all we do. 2. Use a whole family approach to improve the social inclusion, educational and employment opportunities, emotional and physical wellbeing. 3. Raise awareness and enable others to identify and support children and young people who are carers andlor impacted by familial Substance misuse. 4. Work in partnership with others to embed long term change for children and young people who are carers and/or impacted by familial substance misuse, 5. Continue to improve and innovate whilst maintaining quality, strategic direction and financial stability. Public benefrt Children and young people aged 8 to 25 In SheIeld are enabled to access age-appropriate respite and breaks/activities that includes recreation and support that builds self-confidence and resilience. These promote opportunities for young people to reach their full potential through equal access to education, social and career opportunities. We actively seek to provide a high-quality service to those youn8 people and their families who may have previously been socially and financially excluded. We facilitate young people being personally empowered a5 individuals and groups so that they actively particlpate in the plannin& delivery and evaluation of Sheffleld Young Carers and its activities. In shaping our objectives for the year and plannin8 our activities the trustees have given careful consideration to the Charity Commission's public benefit guidance.
Sheffield Young Carers Project Trustees, annual report- continued For the year ended 31 March 2024 Progress towards our vlslon Our work with young people and families has enabled us to make 3 number of significant steps toward5 our long-term strategic plan. For example: In 2023-24 young carers from our Action Group and Young Carers National Voice campaigned for their rights to be recogni5ed during h05Pital discharge and worked with Paul Blomfield MP and the House of Lords to ensure that this was written into law in the new Health and Care Act. We've continued to develop our research skllls and expertlse this year too, recognising where we can play our part as an expert practitioner and help to effect change on the ground for young carers and their families. The REBIAS-YC research project with the London School of Economics into how young carers acce55 SUPPOrt and the gaps in provision has been completed and the findings were produced as an animation with the Young Carers Research Advlsory Group. REBIAS 11 started in February 2024 as a direct result of evidence from the finding- this national research project is looking at the whole family approach and the identification of young carers. International work: a new and growing area of influence for us. We continue to develop our links with Japan and hosted a visit from young adult carers and researchers in February 2024. We have presented two online seminars on SYC'S work with young people and our whole family approach. We continue to develop links with young carers service5 in Europe and further afield. Activities and performance The main areas of charitable activity are the provision of support groups, individual sessions, advice and information, family support, training and awareness work includlng outreach work in schools and other organisations where young people who are carers and/or impacted by familial substance misuse can be identified and supported. For the financial year 2023-24, our activities are set out below, ort for le: Flexible and responsive support for young carers and young people affected by familial substance misuse aged 8-25 across Sheffield to provide respite and build resilience and confidènce. Young people are offered one year of support which includes: A referral call to introduce ourselves and the seNSce Between 4-6 one-tD-one sessions, In school if possible, based on needs and interests of young person A minimum of one term of evening groups Each term's programme is planned around the needs identified by the group members that term. Acces5 to school holiday activities for one year. including trips and fun events for the whole family Training and participation opportunities Advocacy and case working Signposting and referrals where appropriate (including access to counsellingl Opportunities to stay engaged with the project after the core year of support has flnished. oun eo
Sheffield Young Carers Project Trustees, annual report- continued For the year ended 31 March 2024 SYC 8roups* We offer weekly evening groups for 8-12 year olds and 12-16 year olds: We run two 8-12 year old groups lone in north Sheffield, one in south Sheffield) and we provide transport for these. Our 12-16 group takes place in the city centre and we relmburse travel costs for young people making their own way to and from this group. We run a monthly group for 16-25 year olds that takes place in various locations and we reimburse young people's travel costs to get to and from thi5 group. Current funders: Sheffield City Council, Children in Iveed, Natlonal Lottery Community Fund, Henry Smith. Counselling servlce.. Free To Be You: We have commi55ioned a counselling service that we buy in- staff can make referrals directly to the service and young people get 8 sessions of therapeutic 5UPPOrt (with potential for extension if young pecplelthe counsellor feel there is a need and we have funding available). Current funders: Communityfundraising Famil Pro ect: Thls project Is available to families where there is a young person providing care. Families receive on year of support Including: Intensive one-to-one support of up to 12 sessions, with the aim of reducing the caring that the young person is doing and improving life for the whole familv. Support on a wide range of issue5 including re-enga8ing Into substance misuse or mental health Servi5. housing issues, budgeting, access to small pots of funding, trainin8 around parentin& and help with overcoming conflict in the family. Our parent networking events to meet other adults in similar situation5 to share experiences and have respite from home. Transport tolfrom these events provided where needed. Our group work sessions for parents to build confidence and develop their skills. We can also 5UPPOrt parents into activities and support in their local areas as our provision is ending. Current funder: National Lottery Community Fund M-PAcf: Movln Parents and Children To ether Pro amme: This is a groupwork programme whlch aims to improve the well-being of children/young people {ages 8-171 and families who have been affected by parental substance misuse. It is a whole family, multi-family, structured brief intervention, which uses psychosocial, educational and systematic approach. The 10 session programme of support is designed to help families address areas including communication and coping strategies, a5 well as educating family members on what addiction is and the impact it has.
Sheffield Young Carers Project Tru5tee5' annual report- contlnued Forthe year ended 31 March 2024 Support includes: 8 core groups sessions that famllies attend together A family review session, where ongoing support needs will be identified A 12 week reunion. A chanceto check in with families and address any ongoing or emerging issues, and for families to Participate in a fun activity together. Current funders: Sheffield City Council SYC Artion Grou . The Action Group is for young people aged 12-25 who have been members of SYC within the last year and want to be more involved in running SYC. The Action Group offer includes: Access to training courses, group project sessions, external voice and influence opportunities and accreditation Consultation and involvement from elected reps from 8-12 year olds groups Members can be part of the group for up to two years. Current funders.. BBC Children in Need SYC Artivit Fund: An alternatlve to SYC service - not available for people in SYC/on the SYC waiting list Up to £300 to 8Ne individual or groups of young carers a break from their caring role Individual grants also available for young people impacted by family substance misuse SYC administers the Young Carers Attivity Fund on behalf of SCC Current funders". Sheffield City Council Developmentand Strategic Work: SYC work city-wideto ensure good quality support is available to young carers and young people afferted by substance misuse in their families, both on a strategic and operational level: We provide information, training and resources to young people and professionals in all fields. This includes a free CPD certified e-learnin module available to practitioners across the city and multi-a8ency training three time5 a year. We coordinate a schools, network to support local schools to develop best practice. Our Education Development Worker also supports education professionals acros5 the city to identify and support young carers. We have a resource bank on our website for young people, families and practitioners, organised by topics le.g. bereavement, cancer, mental health etcl We are active member5 on a range of strategic boards and networks working to influence policy and practice in order to improve the lives of young carers and young people affected by substance misuse in their families city-wide. We participate and co-lead a number of research projects, Currently we are Co-Lead on REBIAS-YC, a national research project into how young carers and their familie5 access appropriate services.
Sheffleld Youn8 Carers Projert Trustees. annual report- continued Forthe year ended 31 March 2024 Current funder5.' Sheffield City Council, Poul Hamlyn FoundGtion, Brit15h and Foreign Schools Society, Notional Institute of Health Research, our own fundroising through sponsorship, events and donation5 Fundraisin and PR: SYC aims to raise the profile of young carers and young people affected by substance misuse in their families by generating PR opportunities where possible. We also work hard to ensure the organisation has enough money to continue its work, through both grants and community/ corporate fundraising. Administration: SYC has a team of administrators who support the other staff in their roles and ensure the organisation's monitoring, finances and reporting are all maintained accurately. Evldencing Impact and need Overthe last year, we have continued to develop the methods and technique5 for measuringthe impact of our work. This has included development of our monitoring tool, My Life My Journey to reflect changes in our service. We have undertaken surveys with key stakeholders including young people, families, staff and professional partners: -I'd like to soy thank you to all the staff we work withfrom SYC. They GIwt7ys go above ond beyond... outstanding service. Well done to alllll" "I think it is an amozing organisation that does reolly good work with our children whofind themselves being carers" -Plea5e odvert15e your successes more." In addition, we continue to take part in research and consultation work- feeding in the views of our young people into local and national survey5. We have continued our link5 With the London School of Economics, undertaking national research funded by the National Institute for Health Research. We have also worked with Gloucestershire Young Carers and University of Gloucester on a research project into the ethics of usin8 lived experience as part of training and awareness work. Young people at the heart of all we do Sheffield Young Carers Is youn8-person led and responsive. We work city-wide with all communities acros5 Sheffield and we have a very strons ethos of participation. We regularly consult young people and adults to gather and test new ideas and, as well as the support we provide to youn8 people and families, we alwaystry to involve them in the ongoing development and delivery of our servlce. Young people attend and contribute to our annual strategic away day and young people and their famllies also.. participate in evaluation event receive training and support so that they can play an active role in the recrultment of staff provide verbal and written feedback on all aspects of our service using our bespoke monitoring and evaluation tool participate in our stakeholder surveys.
Sheffleld Young Carers Project Trustee5' annual report- continued Forthe year ended 31 March 2024 We also work hard to ensure that young carers, volces are heard, both locally and nationally. We do this by facilitatin8 Opportunities for young people, as well as representing young people who are carers andlor impacted by familial substance misuse on a wide range of local and national networks and working groups, e.g. Sheffield'5 Hidden Hann Implementation Group and Sheffield Children's Safeguarding Partnership. Action Group is our young people's voice and influence group for members of our service who want to advocate for young people within our service and beyond. Members get acces5 to training courses, group project sessions, external voice and influence opportunitie5 and accreditation. Our Action Group plays a critical role in our awareness raising and influencing work by engaging in external reviews and consultations, informing the citrfs artion plan for young carers. and formulating recommendations for local councillors. MPS and government. In 2023-24 one notable success has been influencing parliament to enshrine youn8 carers rights to hospital discharge in the new Health and Care Act. Action Group gave views about what should be included for young carers at hospital discharge, co-produced the new Carers Passports that have now been launched by Sheffield Teaching Hospitals, and gave their views about the carers pages on the website. Younz Carers National Voice, we have continued to coordinate this national networkand employ the national coordinator, funded by Paul Hamlyn Foundation. It is a group for young carers from across the country to come together and campaign collectively on issues that are important to them. There are now young carers from 26 young carers services across England engaged In the network. In 2023-24theyoung people choseto campalgn and raise awarenessto improve mental health of young carers. They undertooktraining on understanding campaigning and how to plan campaigns. YCNVcreated a video evidence submission forthe firstAII Party Parliamentary Group IAPPG) inquiry into young carers and young carers 2nd made a video about YCNV to encourage other young people and organisations to join. As part of their campaign YCNV wrote 3 letter to Health ministers to ask for a meeting, and contacted celebrities and influencers to encourage them to raise awareness about young carers. Impact of our work One of our main aims is to reduce the impact of caring on young lives. We have achieved this within the year in a number of ways. Looking at the outcomes for young carers and families, we are able to evidence the different ways that the impact has been reduced from increased confidence and wellbeing to increased skills and access to support at schools and in other services. However, this has been another difficult year for young carers and their families, we have recorded lower levels of progress and Impact for many young carers as they have continued to face increased caring responsibilitie5 Within the pandemic. with the consequent impact on their emotional well-being.
Sheffield Young Carers Project Tru5tees' annual report- continued For the year ended 31 March 2024 The support that we offer at SYC Istallored toyoung people's needs. Duringtheir time with us, every young person is supported to complete 'My Life, My Journel, our bespoke monitoring tool. Our tool includes a series of outcome measures which each young person rate5 themselves against and a number of key questions which allow our sUPPOrt workers to get to know them better. Each young person is also encouraged to set a personal goal: something that they would like to achieve with our help and support. We use a similar monitoring star tool with cared for parents supported through the Family Project. The three domalns where most progress was reported were: Close to goals: 84% say they feel closer to their goals since joining SYC Feel confident: 73% say they feel more confident since joining SYC Happy I proud: 72% say they feel happier / more proud of being a young carer since joining syc The three domalns where least progress was reported were: Have the info I skills I need: 54.7% Say their information and skills have improved since joining syc I can spend time doingwhat I wantto do.. 57.3% felt more ableto spend time doingwhatthey wanted to do since joining SYC. Understand famil¢s illness- 57.5% say their understanding of their familrfs illness has improved since joinin8 SYC. The Impact of SYC'S dlrect work with young people. In 2023124 we: Provided 216 youn8 people with practical and emotional support. Delivered 842 confidentlal one-to-one sesslons to 169 young people Delivered 89 group sessions attended by 71 young people •k Ran 19 holiday activities, including climbing. ice skating, alpaca walking and producing our own radio plays, attended by 101 young people. Provided counselling support, through our partner Free to Be You to 41 young people. Our Annual General Meeting was attended by 32 8ue5t5, hosted by 4 members of Action 8roup who also presented the SYC Quiz to highlight some ofthe statistics and eventscovered in the annual Impact Report. Impact of Sytrs Famity Project In our survey of families supported bythe Family projert, key themes to emerge were: Reduced isolation "mode me feel included-, "brought us together... now we hove o network of disobledfriends" -meet new people who know how hard life is with o disabili "I go out more now than ever before""Ifeel les5 alone in my experience" Increased confldence "feel more confident-"Increased confidence in myself as a pt7rent--helped me toflnd my voice and take control of my life ogain. Improved famity relationshlps "helped me connect with myfomily more- -it,5 helped us bond more"
Sheffield Young Carers Project Trustees, annual report- continued For the year ended 31 March 2024 Increased knowledge in talking to each other we were oble to find out obout whot others had learnt, obout different medicL71 help available, conditions that my 5ymptom5 fit with" "we hove formedfriend5hip, knowledge ond confidence" Practical help "Specific targeted work when dealing with variou5 Systems hos been invaluoble tool" "Helped start decluttering our house" "Accomponied me to meetings" "got me o laptop so I could do my college workfrorn home" "funding of o phone what wos importontfor rnonitoring my son's heolth conditions" find me bedroomfvrniture and collect it" In 2023124. we Provided support to 154 families. Referred 22 families to a range of 5UPPOrt including counselling, foodbanks, housing and employment support. Supported 26 families Wlth benefit applications and appeals and funding applications. Secured beds and white goods for 26 families, via BBC Children In Need's Emergency Essentials funding programme. Secured a much-needed holiday for 16 famllles, via the Family Holiday Association. Supported 16 farnilies through SYC'S own Hardship Fund. Secured more than £25,000 in additional benefits and one-off grants Our one-to-one support forfamllies Last year we were able to provide Family Project support to 154famllles. We contacted 43 new families, who took up our full service offer la combination of intensive one-to-one support. formal group work and Informal soclal activities). The ongoing Cost of Living crisis and extreme pressure on services, including long waiting lists, have had a major impact on the familie5 we supported. with increases in stress, food poverty, isolation and anxiety. Our group work programme As well as providing intensive one-to-one support to families. last year we provided parent networking events and a bespoke online Broup work prograrnme for adults being cared tor by a youn8 carer {also known as 'cared-for people'l. In 2023/24. we: Delivered 12 group sesslons for cared-for parents, including.. a first aid workshop run by The Red Cross; being an anti-racist parent; and five Parent Networking Events including an Ethel Barge trlp and International Women's Day event: parents created an artwork for SYCS exhibition with Pete McKee at Weston Park Museum. •W Enrolled seven cared-for parents on the Level 2 Holistic Therapy Course atthe Learning Curve training centre. Continued to coordinate our ever-popular WhatsApp group forfamilies, to allow us to share informal information and families to share ideas and offer one another invaluable peer support. Jo
Sheffield Young Cafers Projert Trustees, annual report - ¢ontlnued Forthe year ended 31 March 2024 Impart of our educatlon work In 2023124, we have seen an increase in membership of our Schools Network to 122, a College Network with three colleges and the third year of the Greater Reach. Brighter Futures IGRBF} project. The focus of GRBF duringyear Three has been: developing key resourtes Including our Young Carers Lead in Schools Pack. Delivered whole day staff training dellvered to 300 members of staff on identifying and supportlng young carers in school and lead staff training to 8 members from 6 schools. In 5eptembertoured with Rab Ferguson, author of the Late Crew, to all 6 GRBF schools to deliver a special assembly about the book which features young carers. About 1.550 children plus school staff attended on total. Created a real buzz, with lots of positive comments from children and Staff. A very positive way to start the projert and celebrate young carers. Created a trainir)g presentation on supportlng young carers into Higher Educatlon. Ongoing gathering of data from all providers to hi8hli8ht impact of supporting young carers in education. Impact of ourtraining and awarenes5 work Our E-Learnlng course 'Young Carers: Identifying and 5UPPOrting young people with carirbg responsibilities in sheId, was completed by 153 learners successfully completed the course this year. 97% rate the course as 'excellent'. Selertion of quotes from learner feedback. "I think the troining is brilliont. .1 have increased confidence ond I recognise the struggles of a young corer also the links have been goodfor awareness" 100 professionals took part in the multi-agency tralnlng we co-deliver with a young adult care and Sheffield Carers Centre. The course. 'Understanding Carers Needs, was attended by professionals from education, health and social care and across public and voluntary sector. Feedback from the traininE was very positive: 100% stated they would recommend the trainin8 to colleagues and 95Yo scored thetraining as excellent or very good. 95% stated theywould make chan8es to their practice as a result of the training. "This training was brllliont ond very powerful using the young carer5 voice5 really mokes you think obout the whole sltuatlon" "I hove really enjoyed thi5 troininq. Ifeel more empowered now to moke o difference. thonk yo li
Sheffield Young Carers Project Tru5tees' annual report - continued For the year ended 31 March 2024 Ensuring regular feedback and eva14Jatlon As well as working closely with young people and their families to ensure that our work remains relevant and effective and reflects their needs and wishes, we regularly consult our staff, trustees and volunteers. and the professionals that we work with throughout Sheffield, to ensure that all parts of our community are involved in our work. In 2023-24, we conducted surveys with young people. families and stakeholders. The findings from the SUNeys were fed into our strategic plannlng cycle, informing development and delivery of our service. Strategic development and awareness raising As well as providing direct support to young carers and their families, we have also worked hard this year to provide a wide range of professionals with the information, support and skills that they need to identify and support young carers Within their own settlnEs. As well as our routine casework with young people's schools, colleges and workplaces, their soclal workers and any health professionals who are working with their families etc., we have provided training and advice to more than 120 organisations lincluding health services, education providers and the local voluntary sector) and more than 740 professionals, including social work students, trainee nurses. safeguarding officers and post-16 PGCE students. We have also provided advice, training and resources to more than 120 schools and alternative education providers, who belon8 to our Schools Network. Given that many young carer5 a hidden from view, It Is very hard to develop an accurate plcture of the number of young carers who are being supported by other professionals and organisations in Sheffleld. Even those we ask directly are often unable to Specify exactly how many young carers attend their school or belongto their GP practice, for example. Over the past year, however, we have continued worklng closely with Sheffield City Council, to build up the Young Carers Register for the city. The register is slowly building up but SYC remains a5 the main source of information. We have 3150 followed up the review of the young carers assessment in 2021-22 by working with the City Council to develop an options paper on how to ensure young carers, rights are bein8 met within Sheffield in 2022-23. In 2023-24 we continued this work to ensure that young carers receive their statutory rights. The young carers assessment service will be held within Sheffield City Council's SNIPS (Special Needs Inclusion Play/Care Service). We will work wlth them in 2024- 25 to ensure Improved access for young carers to an assessment. action plan and review, in particvlar at the key points of transition in their lives. Our strategic and awareness raising work 15 critical because, ultlmatelyi we want everyone in Sheffleld to 'thlnk young carerf and to understand (and where possiblei prevent) the slgnifirant impact that caring responslbilltles can have on a young person's emotional wellbeing* as well as their life chances. 12
Sheffleld Young Carers Project Trustees, annual report- continued For the year ended 31 March 2024 SYC'S partnershlps and networks SYC has participated in a wide range of partnerships, networks and forums to ensure young people who are carers and/or impacted by familial substsnce misuse are fully included in service planning across the city and beyornd. Examples include: Local VCS partnershlps with Sheffield Carers Centre, The Corner, VCS Leaders Forum. Synergy, Children and Young People's Partnership Network. Local publlc sector partnership work with the Children's Safeguarding Partnership, Family Intervention Servicelsocial Care, Sheffield Health and Social Care Trust, Sheffield Teaching Hospitals Trust and Sheffield Health and Social Care Partnership. Including working with the Carers Lead as part of the Integrated Care System. Local cross-sector partnerships work with the Hidden Hami Implementation Group. Substance Misuse Operational Group ISMOGI, Alcohol Strategy Steering Group, Sheffield Children's Safeguarding Partnership Executive Group. Regional partnershlp workwith youngcarers services in Barnsley, Rotherham and Doncaster. This new regional network 15 now meeting regularly and sharing representation on the Integrated Care Board's (ICBI Unpaid Carers Network a multi-agency network working to ensure that the NHS commitment to carers action plan Is implemented with South Yorkshire. National partnershlp work with the Carers Trust, Young Carer5 Alliance and a lead role in co- ordinating the Young Carers National Voice. SYC continues to play an important role In the work of the All Paty-Parliamentary Group on Young Carers and Young Adult Carers. Our CEO, Sara Gowen. was invited to be a key note speaker at the inaugural Young Carers Alliance conference in Manchester, bringing the perspective of a local delivery service to the national agenda. International work- We continue to grow this area of influence. SYC continued to develop relations with Japanese colleagues, including delivering a presentation to an online symposium of social care professionals 2nd researchers in Japan on whole family support and voung carers. We welcomed a Japanese journalist from Asahi Shimbun national newspaper, she met with young people, families and staff. There are several articles on the website and in print. This is not an exhaustive Ilst and we have worked collaboratively with a number of statutory and voluntary sector agencies within the city and acros5 the UK. 13
Sheffield Young Carer5 Project Trustees, annual report- continued For the year ended 31 March 2024 Research SYC continues to develop its skills and expertise in the field of research, recognlsing where we can play a part as an expert prattitioner in the development and delivery of research projects which can effect change on the Bround for young carers and thetr families. The two maln areas of research in Z023-24 were: l. Completion of the REBIAS-YC research projectwith the London School of Economics (LSEI into how young carers access support and the gaps in provision. This including developing an animation of the research findings with the young carers research advisory 8roup. 2. Ethics of young carers being co-trainers and presenting their personal stories with the University of Gloucester and Gloucestershire Young Carers. Findings from both of the above research projects were presented at the International Young carers Conferente in Manchester in May 2024. LSE and SYC have secured further National Institute for Health Research {NIHRI for REBIAS 11 which picks up on the research findings about the lack of whole family working to support young carers identification and support. This 2.5 year research project started in February 2024 and SYC is leading on public involvement, in particularly coordinating the Young Cares Research Advisory Group and the Parents Research Advisory Group. Learnln8 from stakeholders In 2023, we conducted a range of surveys of stakeholders, including families and external partners. "It hos made on incalculable difference in our lives. Specifically, I'M very, very thankfulfor the emotionol and procticol support." "Feeling like o stronger mother mentallyfor my girls.- "My children have benefitedfrom the growth in my sense of self-worth." Quotes from parents supported throu8h our Family Project The results from the SUeY of external partners and referrers were overall very positive with 100% expresslng Confiden in referring others to SYC. 93% rate the quality of SYC support to young people and to families as excellent or very good. 89% rate the quality of SYC support to organlsations as excellent or very good and 82% rate the support to others to help them to identify young carers and young people affected by drug or alcohol issues in their family, as excellent orvery good. Several respondentstookthe opportunity to leave very positive feedback here, for example'keep up the brilliont workfor these unsung heroes of todoy's society olwoys found the teom to be reolly enthusiostic ond supportive- and "An omazing organis(7tion" 14
Sheffield Young Carers Project Trustees, annual report- continued Forthe year ended 31 March 2024 Nnanclal revlew The results for the year ended 31 March 2024 are shown on the accompanying financial statements. We entered thefinancial year 2023-24 with the majority of funding secured and plans in place to secure additional grants and donations. Successful funding applications ensured that we were fully funded during the year. There are no uncertainties about the Charity continuing to operate in 2024-5 and beyond. Designated funds, including the remaining Paul Hamlyn Foundation investment, have been allocated according to any funding requirements and to meet the strategic objectives of the charity. For example, the Paul Hamlyn Foundation designated funds will part fund our Programme of Influence (Action Group and YCNVI since some restricted funding streams have ended. and the Worshipful Company of Pewterers funding has been allocated to education development work. The allocation of anyfurther designated funds will be in accordance with our Reserves Policy Isee below). Reserves Polic The trustees review the reserves annually. This year the Board of Trustees considered the additional risk of the ongoing cost of living crisis in preparing SYC'S reserves policy, plus the ongoing need to ensure sustainable funding for the continuation of SYC'S work. The Board agreed a minimum reserve level to cover potential project closure costs and funds be used for development purposes, includin8 the possible recruitment of new staff, as well as a contingency for the ending of grants if we are unable to secure any further grant funding in the year. This need for a sustainability reserve is important as the competition for charitable trust funding and other grants is increasin8. The Board agreed thatthe reserves target at 31 March 2024 needs to be between £150.000 and £200,000 (not including designated funds). As at 31 March 2024 the Charity held free reserves of £192.027 (these are general funds not including fixed assetsl12023: £190,695). The Board of Trustees determined that year end free reserves are within policyi and opportunitie5 are taken to generate unrestricted reseryes and this policy will be reviewed annually. In addition to free reserves, the charity held £206.397 of designated funds to be spent on specific projects12023'. £107,172). Restrittedfunds held atthe year end were £206,246 (2023: £236,194). 15
Sheffield Young Carers Project Trustees, annual report- contlnued For the year ended 31 March 2024 Future plans We haveworked hand-in-hand with young people for 27 years, carrying out meaningful research, developing effettive seiCe$. and amplifying the voice of young carers and young people affected by familial substance misuse in Sheff ield and beyond. We want to turn our learning into practice by making sure that local and national policies are not only in place but are also being implemented effectively on the ground. We believe that this is the onlywayto ensure that every young person regardless of age, postcode or background - is identified and supported as soon as possible, to help prevent early childhood experiences from having a negative, long-lastin8 impact on the rest of their lives. We undertook a review of our current strategic plan. including our mission and values, setting our a new 5-ye3r vlsion. We set yearly targets and review these as part of our annual strategic planning event. In 2024-5, In orderto achieve our mission, we will: Deliver a flexible service to meet the needs of each young person and their family wlth 80% seeing an improvement or change: l. Undertake a review of the young people's service to evaluate and develop our delivery model. 2. Produce an introductory film about our groups and Eroup venues to help reduce anxieties or concerns about attending our group work programme. Mea5ure5 to include production of film and feedback, whole service revlew report and recommendations, with 80% measured through outcome monitorin8 Star and qualitativè feedbatk. Improve the ab511ty of 50 organisattons within Sheffield to identify and provide better support to young people and famllles. wlth 80% reportlng a change to their practice and improved understanding. In addition to the ongoing training offer {multi-agenry and e-learningl, we will.. l. Develop resources to support professionals to identify young carers. including a list of simple questions that services can ask parents/guardians and a top tips video for how to ask young people. 2. Develop our relationship with Early Help with a focus on Family Hubs/Centres to increase identification and support for young people and families impacted by caring responsibilities and familial substance misuse. Measures include development of resources, quantitative analysis of referrals/ work wlth Family Centres and no. of organisations reportin8 change through feedback from training courses and stakeholder surveys. 16
Sheffield Young Carers Project Trustees, annual report- contlnued For the year ended 31 March 2024 Influence 5 decislon-makers to take artlon by workin8 wlth 2 natlonal alliances/ partnerships and 12 local alliances/ partnerships: l. Engage with Sheffield's newly- and re-elected MPS to collaborate on opportunities for young carers rights to be enshrined in law and for the legislation to be implernented. 2. Develop our relationship with Ryegate and Community Learning Disability teams to include a Young Carers Lead in all teams and take up of e-learning module for staff induction and CPD. 3. Work with one Multi-Acaderny Trust to deliver an intensive education programme. Measures Include evidence from individuals ènd agencles we have engaged with. campaigns lincluding materials), e-learnin8 take-up and feedback, and stakeholder survey feedback. Improve and develop our service through an organisation wide inclusion review leading to more diverse seNlce provision with I community currently underserved receiving an improved service: l. Train staff in, and review impact of, using translations serviceslapps to address lan8ua8e as a barrier to our service, including Language Line and web translation of resources. 2. Investigate barriers to men and boy5 engagement with our service, using our national and research contacts plus links with men and boys groups in Sheffield. 3. Develop our contacts with and referrals from the Roma community building on relationships with schools developed as part of Greater Reach Brighter Futures Project. Measures Include annual data from referrals. 5uNeys Istakeholder. famlly and young people) and activities, adding a cofflpari50fk with city-wide dala. Contlnue to Improve and Innovate in the evaluatlon of our servlce leading to improved rneasurement of the lasting impact of our work with young people and families, by collecting and analyslng data". l. Build up our impact by ensuring data and feedback we recelve from young people, families and stakeholders are p3rt of our whole service review (see Point l above). 2. Provide anonymous feedback boxes at our groups (young people and families). Measures include evidence of feedback loop and data from anonymous feedback. All of the above will bè done with the active participation of SYUS Young Carers Action Group, Young Carers National Voice and our Parent Advisors. 17
Sheffield Young Carer5 Project Trustees, annual report- contlnued For the year ended 31 Marth 2024 Structureo governance and management Sheffield Young Carers Project was incorporated on 6 December 2010 and registered as a charity on 28 January 2011 and is governed by its Memorandum and Articles of Association. Its legal Status is that of a company limited by guarantee (Company No. 746122913nd a reglstered charity (Charity No. 11401051. It has no share capital and the liability of each member in the event of winding up is limited to £1. The Charity is governed by its constitution. The objects of the charity is: The relief of young carers without distinction of sex, sexual orientation, nationality, ethnic or national origins, race colour, disability. political or religious beliefs by associating the local authorities. voluntary and other organisations and the local inhabitants in a common effort to.. provide facilities in the interest of social welfare for the recreation and other leisure time occupation with the objects of improving their conditions of life advance the education of those persons in particular but not exclusively by the provision of counsellin& advocacy and information services promote such other charitable purposes as may from time to time deterrnined 'Young tarers being defined as persons up to 21 years of age whose Ilves are affected In some way because of the need to care for someone at home Recruitment and support of trustees Overall management of the Charlty is the responsibility of the Trustee Directors who are elected and co-opted under the terms of the Memorandum and Articles of Association. The Board of Trustees are recruited, inducted and trained under the Appointment of Trustees Policy. All trustees undertake basic safeguarding training and a DBS check every three years. Safeguarding training is also provided to the whole Board by SYUS designated safeguarding lead. Trustees stand for a three-year period and can stand for re-election. The trustee5 are re-elected at the annual general meeting. Day to day project actlvlty is carried out by staff and volunteers.
Sheffleld Youn8 Carers Project Trustees, annual report - continued For the year ended 31 March 2024 Investment policy The trustee5 have considered the most appropriate policy for investing funds subject to the overriding requirement of maintaining liquidity of funds. Risk management The Board ofTrustees oversees a risk reglster, which is reviewed every two months at the Board meetings. The risk register uses a RAG rating to highlight any particular risks with the attions recorded and reviewed at the following meetings. The main risks identified in 2023-24 were: L055 of project funding: all fundingthat was duetoend in 2023-24 was secured orcovered by underspend. However, we have a number of grants that need renewing in 2024-25 $0 this will remain an amber risk. Managing the waiting list: this is ongoing issue, to ameliorate risk we have taken on dditional staff but a 20% increase in referrals year on year means that thi5 continue to be a risk. Staff wellbeing and sickness: we have mitigated the risk from short- and lon8er-terrn staff illness though trainln8 up sessional staff and recruiting an additional member of staff to the Young People's Team in 2023-24. To mitigate the additional risk in relation to the Covid19 pandemic, we developed operational levels Ired, amber and green based on National Youth Agency model) and appropriate risk assessments for all activities. staff and office funrtion5, includinE online delivery protocol for working with children and vulnerable adults. We also reviewed our IT and data protection in light of home-working and the use of office laptOPs/equipment outside of SYC offices. These are no longer in operation but are available for any future pandemic or similar emergency. Tru5tees' responsibilltles In relatlon to the financial statements The charity trustees (who are also the directors of the charity for the purposes of comp3ny13wl are responsible for preparing a Trustees, annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The report and accounts have been prepared in accordance with the provision5 in the Companies Act 20C6 relating to small companies. Company law requires the tharity trustees to prepare flnanclal statements for each year which give a true and fair view of the state of affairs of the charitable company and the group and of the Incoming resources and application of resources, includirsg the income and expenditure, of the charitable group for that period. In preparing the financial statements, the trustees are required to: Select suitable accounting policies and then apply them consistently; Observe the methods and principles in the Charities SORP; Make judgements and estimates that are reasonable and prudent; State whether applicable UK accounting standard5 have been followed, subject to any material departures disclosed and explained in the financial statements; and
Sheffield Young Carers Project Trustees, annual report- contlnued Foi the year ended 31 March 2024 Prepare the financial statements on the going concern basls unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping adequate accounting record5 that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Art 2CM)6. They are also responsible for safeguarding the assets of the charity and the group and hence taking reasonable steps for the prevention and detection of fraud and other irregularitie5. The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements. Small company provislons This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006. The trustees declare that they have approved the trustees, report above on and signed on behalf of the trustees by: David Stockdale Chair of Board of Trustees 21
Independent Examinerfs report to the trustees of Sheffield Young Carers Project ("the Companv) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024. Responsibilities and basls of report A5 the charity's trustees of the Company land also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Art 20061.the 2006 Act'l. 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 respett of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 {'the 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145151 Ibl of the 2011 Act. Independent examlnerfs statement Since the Companws gross income exceeded £250,000 your examiner must be a member of body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a rnember of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connertion with the examination giving me cause to believe: 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 accounting requirements of 5edion 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 Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no concerns and have come across no other matters in connertion with the examlnation to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: Sarah Lightfoot. FCA DChA Seven Hills Accountants Limited 57 Burton Street Sheffield S6 2HH Date.. 13 & Icrnay SO 22
Sheirld Youn¢ Carets Pmjecl ststemenl of flnantial artlvlties Iln¢orporatlnKthe Income aThl expendityre acrountl Forthe year ended 31 Mar¢h 2024 General Desi8nated fvnds funds Restrlcted fund5 Total 2024 Total 2023 Notes Inrome from: Donation5 and 8rants 40,554 150,000 500 191,OS4 173,832 Charltable actlvities 5,330 254 638,727 644,311 640.073 Othèr. accesstowork 14.382 14.382 1,500 Investments 606 606 202 Total Incorne 60.871 150,254 639,227 850.353 815A77 Expendlture on: Fundralsln8 artlvltles 4.467 4,467 3,627 Charitable activities 37,944 73,562 664,644 776.150 S51,891 Total expendllure 42.411 73.562 664,644 780.617 655,518 Net In¢omel{expendlture} 18.461 76,692 125,4171 69.736 160.089 Trènsfers betweèn funds 13 118,0021 22,533 14,5311 Net rnovement in funds 459 99225 129,9481 69.736 160,089 Total funds brou8ht forward 191.568 107.172 236,194 534.934 374,845 Totzlfund5 rarried forward 192.027 206.397 206,246 604.670 534.934 The statement of flnanclal artitIeS includes all 1n5 and losses reCnised in the year. I Income and expenditure derive from continuin8 a¢tivltles. A full compaialive by fund can be seen in note 17. 23
Sheffield Young Cartts Project Balance sheet As at 31 March 2024 Ilotes 2024 2023 Fixed Assets Tangible Assets 873 Current assets Debtor5 Cash at bank and in hand Total current assets 3,561 618.034 62195 17,935 534.513 552.448 Credltors.. amounts falling due within oThe year li 116.9251 118.3871 Net cvyrentassets 604,670 534,061 Total assets Itss turrenf Ilabllltles 604.670 534,934 Cfeditors.. amounts falllng due after morethan one year Total net assets 604,670 534.934 Funds ofthe Charity General funds Designated funds Total unrestricted funds Restrirted income funds 192.027 206,397 398,424 206,246 191,568 107,172 298,740 236,194 12 13 TotalfiJnd5 14 604,670 534.934 For the year eThd1 31 March 2024 the cornpany wa5 entitled to exemption from audit under sectign 477 01 the Companie5 Act 2006 relatingto 5rnall CL)rnpanies. ThE mernbers have not required the company to obtain an audit in accordartt with se10n 476 of the Companies Act 26. The directorfs acknovAedge their re5ponsibilitie5 for complying wlth the requirements ol the Act with respect to accounting records and forthe preparation of accounts. These iccounts have been prepared in accordance wlth ihe wtsvlslons applicable to companies subjert tosmall companies, re8Sme. Approved by the board on signed on thelr behalf bv- David Stockdale Trustee 24
Sheffield Young Carers Project Statement of rashflow For the year ended 31 March 2024 2024 2023 Recorbciliation of net expenditure to netcash fflvwfrom operalln¥a¢tlvltle$ Net incorne/lexpendilurel lorthe year las per the SOFA) 69.736 160,089 Adjustments for.. Ilncreaselldecrease In debtors Increaselldecreasel In credltors Inve5tmeni income Depreciation 14,374 11.4621 16061 873 116,9371 671 12021 1,613 Cash Ilows from operatlnB ?dlvltles Net cash provided by/lused inl operating actfvities 82,915 145,234 Ca$h flows fmm Investlng 8Ctlvttles Investment income Net cash lu$•d In>1prbded by In¥eMln8 •rtl¥liles 606 202 606 202 Change Sn cash and cash equlvalents 83,521 145.436 Cash and ¢ash equlvalents atthe beglnnlng ottheyear 534,513 389,077 Cash and cash equiwdlent5 atthe end of the year 618,034 534,513 25
sheffleldY¢jure1SProjert Not•sto tho Attoun15 F¢rthEye#r•nd•d Ji M•rth1014 l A¢r0wntin8PtW$ l•1 Bas140f prepAwatlthi 5helffeldYouD¥ Carers fvojeit is a chJritsble¢ompaw ifsthe United %1hÈdom Ilmlted tsy Éuarantee. In the evem that thecharity wound upthEliility ih respetl of the Surantee 15 limlted to £1 Pèr member of the Ihhrity. ThÈ addre55 ofthÈ re8iStÈrd offi is $eTh in the CoMnY Informatbn on pose i of thÈsÈ finantl statement5. The fin•cknl statentS ha¥e been prepared In accordance with the Statement of Recommended Pracrice.. Accounting and Rep}rtW by (fvarfties preparlng theli aCCnts in accOrdae thE FinAniièl REPOrtlll5 Standard applKabFe in the UK RePC of Ireland IFRS 1011 (second edStionl, the fir¢111 stsndard appli¢3Ne the lthrted Kin8dDm REpubll¢ of IrEland IFRS102IAnd With the charlesA¢[ zoii. The charity meets the definitbn of a publii benefit entity #s defined unfkt FftS102. The financlal st&ements are presented in sterling %thich Ihe 1wtt¥II currencyof ibechaiityand are rounded toth@ nearest £1. Incomels recointsed IDtheSOFA when the charty hzs entitlemEnttothefvnd5. any performanre ¢Ondltions lttathed io McleS have been met, thereceipt of the incomeis probable Èmd itsamountcan be relkably measured. Income Irom govemment and other Brants. whether '¢apttal' erants ot 'r¢Yenue' 8tènts. h recognked when the <harrty has enttttement w th? IuDd5, any performance condtbns attached tothe grants have been meL it b wobaiqe thBtthe inEomewill bE veieNed and the amount Ee Na5ured rellty and npt deferred. 00n4trda¢tnrtl$ Donèted actwtts ale recognlsed as Incorne when the charity ha5 contrd er the Ttern. any condrtl4n$ a55¢COted the donated Item have been mel, the reEeipto1etonorn benefit fromtheuse bythe charftyof tho Itemls prOba¢and tteA0¢ benefit can be Measuréd rtllatsty. Idl Expendkn, 1wec0rb1eyATand labllhl•s Expenoiiure recogned once thre 3 legal or tOn5trucb¥e Dbk¥gtiontornake 3 payment toa thd party, It Is pYobablethat5ettlemEntwill be re4ulrO andthè amount olthe obligation £3Thbe mea5UTed rEllay. IrrecovErabk VAT (har4eds3 cosiagalnstthe xlmtyforwhkhtheexpendfture wa5 inu1ed Support costs are t}se functlon5 that a55iSt the work of the ¢harity but do not thTertly undért3ke tha11tab 3ctMti&S. Suppcrt costs indude admln15tr1on cost5, hnance,personnel, payrolland 8overnaNe<ostswhich 5UPPOrtthe Choritae2Clile5. SuppDrtCU5t5 h¥ve been allotated between basedon 51aff time lel J55ets l rtern50f capil¥lexpEDdilurEbdowÉ500arewrittÈn tsff As incuired. DÈprttiItm has enCtlated1Oydr1te downthecostorvaluath)n, less estimated rwidual VIJe. ofalltsnB1blEf 15 ov¢rth¢irtMp¢rted useful Itt0n compter and l.T. equipment 4year5 5tralght line lfj C4thand(a5h e4ulvalEnts ¢35h and ¢?5h equkrf3lents tomprig tash hand ènd call d•pOts. andothershort-temi hiqhly Iquid Investrnents that are readlty convert1b tva kn¢wmaUftt of cJ5hand4resubjecrtoJn Ins3nK4Trt risk of ¢hah¥e inv8lu¢. ts) Trad•d•btors Trède debtorsare 3mDUnts dve fromcwtomEr51orseryices pErfvrmed in thetythDJrycourse¢lbu5ine5S, Trade dethor5 are recogn15ed inltially at thetran5aQtiDn priie. ThEy3fesLtsewenU¥mÈaSud atAmortlsed cost uslN8 the effe¢ti¥e Interest rnelhod. le55prOTr for Impairnnt. A prOW5n for the Impairment of tradt debtors is eStsblhed when there ts obkctlwe eVence that the comparby will Thx be able to llert all amowt5 due accordlnBtolhe¢rl8lnal terrnsof the receiv4ble5. Ihl Tr4decfedkn Trade creditots ère oblattons to pay for 8ood5 N 5eThlces Ihoi have beer+ acquired in thÈ Ordiry EtsurSÈ of buslness from suplers. kcounts payable are C$fied as current1SabSl1t If the (harlty doe5 Dor have an unco1tkJnl TIBht, ¥ the end afthe reporting PÈriod, to dèfèrs11MÈnt ol the credStor lor at least twetrdÈ months after the repodate.II there is an uncondrtional rizhtt0defer5ettrnent f¢r•t lé•sttweWmonths fftrthe reportln8d4te.tFyare presented as nt)fvturtent IkAbilitieS. TrAdetteditoisare re$Th$ed Ihitalyat thetransattion prKeandsLthequendy measured at arnOrted c05t U51118 theeffeL%i¥e Ihtert$tmÈthod. VNestrfcted 5 are dOrtIonS and oiher iOrnE reTrwableor8enEratedforthe oWECts of thè oryanlsatk)n wtthout further specffied purp05eavd Jreavai a5yneral fur$. 0¢$18nottdfunds arefundsset3se atthedlscredan of thetru5tees for5plfi¢ projects. RestrKted [ndS are dDnatlons thlch the donor has spe£lfied are to bE soldy used for port1cvr orea5 of Ihe tharitl5 work or lor Irtist projects bel undrtakn bythe£harfty. (n Penslon5 The ¥1501) très a t1•nDod tOntrfbUtns p4nslon schome. Contributbns are char6ed In the accounts as they be(QmE p4yaNe in airordante whh the rules of thE5cheme.
SheffieldYLwJniCartsPmJett
Note5wtheAttountS ¢ontlMÈd
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I IAcountlTr¥pdfjdes-tonllnued
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thetthat1heS3reapp1W to its chaiitabk Dbiects.
ImifjolnKtonc4rn
Thefinanclal $tements have been prepared on a8oin8 cpncern asthtrSt bellÈvÈthatno materlaluncertalniie5exkL ThÈ tyusttts ha{5JereIhe
vel of funds held and the expected level ol Income and expendit¥re f4r 12 mohths from authorfSing these finarKlal statsmerrt& The led Incune
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2 Intomefromdon•tkn54Trd¢rnn15
Genpill IlewatEd R•Stkl(ied
fvnd5
fvhds
lunds
2023
Prolqrt
Grovrth Fund
Expert Support Packa
Owelopment
Group work
PauiHamlyn Fond¥0
PJulHamlyn Foundation
Wor5hlpful Companyof Pewterers lThe
SeahorsesTrtl
IID,DOO
3D.DOO
10.000
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ISO.CwJO
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Donatlons
Donatyon5 in kind
35,B54
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36.354
4.700
3B.832
4oJs4
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191.1)54
173
2013 fund 5p1
38.832
135,0(X)
173,832
3 fvum
Sheffie1dYou CarersProjert Notri ttstht Accounts. tontlnued Sorthy•aiended 31 Marth2024 4 ExpettdWeontleac1te5 DlrtrtPWort Dwertylwy sPDrt ReturThDf e•Sts umspent iThnt Inote 51 Dir¢¢l TotJl YouD8 PÈ0p.$W0rl¢ Family Project ACtn Group Developrnent 62,S15 3,026 6,474 37,236 37,535 265,927 73.042 162.858 23.918 2.041 39.653 9,271 491,3 104,986 9,516 127,592 42.756 50.703 146.786 400,762 228,2 9.271 776,150 Gewwal De51Bn¥tel lestricted fund5 nds Totol 2024f spllt 37,944 73,562 664.644 6.150 202Jfurd 5pIt 28.718 651 891 Prloryeorcomporlson iFÈrtfvtiiert Lbreclspkiry Costs Q5ts InDte6J Swpport costs rnoteS) Totol 2023 YounyPÈoplès wofk FtsmityProJert ArtloJ)Group Dewelopment ArtnotR5cndqn¥nts Z274 15,505 5.717 32.834 34369 231,101 82,259 5.516 JS.573 105.765 21.36] 319.140 IIB.125 11,233 105,053 34360 53,621 134.690 180.747 5 Supportwst5 24 2023 t40te Supportsalarytosts Other Stèftcosts OffKeCosts Prernlses and Utllftles 144.663 32,443 21,601 23,817 873 4408 797 115.352 20.420 17.036 20,913 Professionèlfees Governance r<)sts S.7 221.602 180.747 6 Stsllcosts 2024 2023 Salarles Ernployerf5 National Insura¢ Ernployer'5Allowance Pension co515 4È9,609 42,921 15,OWI 17,895 4,943 36.696 14.167 545.4ZS average number of emplDyee5 duringthe per was 2012023.. 181. No empbyee recehd elments of £60.fKI). P•nsion costs are allocated to actM1saNd fund5 in propothontothÈ rtlated stathnguSts lThturred. 7 Feesto Ind•p4ndeniexqmInertor84ntsaryl 2024 3023 Fef Iependent eKarniDatK)n otrfee5 paidto IndEpelldeni È¥am1nei'sorlsaQTh.. OlherseThke5 270
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Shefllew YoutTr¢ Carets Proiett NotÈstotheA¢couDtS contInUed Forthe year2ndod JI March 2024 14 Net •$5ets byluj G•noFal DÈsl¥nated Restvlrted lund5 funds funds Tot•1 2024 Generol Deslonoted Resrricted fvnds fvnds fund5 ro£GI 2023 Tan8iblE fmed as5et5 Net crrert assets 873 190,695 873 534.Q61 192,027 206,397 106.246 604.670 107,172 236,194 192 027 206.246 604.670 23 107,172 194 534934 15 OpentihKlease commltments Agat 31 March 2024 thécharity VAS commlttedto thefollowi payments under non<anCÈl1ab operina leases as follows.. 2024 2023 Payable within J year Pay3ble beiween 1-5 ye3TS 1,120 1.120 2.240 2.240 60 3360 16 Related part¥trath5attlons There have been no other related party trdn5aCtJN5 durinÈ the yeèr otherthan those Included In note 8. 17 St•teMeht of Ilh•nd81 •etlvltles- wloryearcomp•Tat General Desl8nated Re5tr1cted fuhd$ funds funds Total ZO24 General Deslgnated Restricted fvnd5 fund5 funds Total 2023 IhtomÈlrc4n: OoDaiions and 8rants 40,554 150.0 SCU 191.054 38,832 J35,000 173.832 Charitabk activit5 5.330 254 638.727 644,311 24.617 361 615,095 640.073 Other- z££e5Stowork 14,382 14,382 1,500 1.5 lfflvestments 6)6 202 202 r4)tal IrKorn• 72 ISO.254 639,227 850353 65,151 135A61 615.Q95 5,607 Exp4n4hureon: FundraislnB activIe5 4,467 4.467 3,627 3.627 Charitable 8ttNitles 37.944 n,562 664.644 776,150 28.71B 118,468 504,705 651.891 Total expendlture 42.411 32.J45 118,468 655.518 NetlncoMellexpeth¢Mtrn1 ,461 76,fj92 115h171 fj9.736 32A06 16,893 110,3 J60,089 Transfers bètween funds 118.0021 22,533 14,5311 126,2581 26.258 Netmo¥ement In frjnds 4S9 9922S 129.9481 69.736 43,151 I1390 160,LW9 Total funds broughtforwèrd 191,568 107.172 236,194 534,934 185,(Y20 64,021 125.804 374W5 Totsl ndsrrI•d forw•rd 206 39? 107 172 534 914