**Trustees’ Annual Report for the period** **From 1[st] April 2023 To 31[st] March 2024** **Charity name: Positive Youth Foundation** ## **Charity registration number: 1145284** ## **Objectives and Activities** ||SORP
reference|| |---|---|---| |Summary of the purposes
of the charity as set out in
its governing document|Para 1.17|The directors present their annual report
and financial statements covering the year
to 31st March 2024.
The directors have adopted the provision of
the Statement of Recommended Practise
(SORP)
'Accounting and Reporting by Charities'
(FRS 102) in preparing the annual report
and financial statement of the charity.
The Positive Youth Foundation (PYF) is a
registered charity based in Coventry that
supports young people aged 8-25. Through
our work we aim to raise the aspirations
and life chances of those in difficult
circumstances through two main areas of
work:
•Intensive frontline services through
programmes that support education,
employment and training, healthy
lifestyles, arts and culture, social action
and the integration of young migrants;
and,
•Strategic support to policy leads,
commissioners, funders and agencies
across the youth work sector.
We are well connected to local, regional
and national youth work developments and
regularly contribute to the shaping of
government youth policy.
We have a team of 38 members of staff and
a well experienced Board of Trustees.
Further information about our work is
available on our website:
www.positiveyouthfoundation.org| The organisation's principal objectives are: (a) to promote social inclusion for the public benefit by working with members of communities, primarily but not exclusively, in the midlands, including but not limited to Coventry who are socially excluded on as a result of being a member of a socially and economically deprived community to relieve the needs of such people and assist them to integrate into society, in particular by providing a network group that enable and encourages members of communities primarily but not exclusively, in the midlands, including but not limited to Coventry to participate more effectively in their community using cultural programmes including, but not limited to, art and music, educational and sporting programmes as a means of getting people to take part in joint activity, in particular among socially or economically disadvantaged communities providing workshops, advocacy mentoring and support. (b) to advance in life and relieve needs of young people through: (i) the provision of recreational and leisure time activities provided in the interest of social welfare, designed to improve their conditions of life; (ii) providing support and activities which develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals. (c) the advancement of education, including physical education. (d) to provide or assist in the provision of facilities in the interests of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life. (e) to advance the education of the public in general including, but not limited to, those involved in charitable youth work by: i. Providing and promoting training and professional development services to those involved in charitable youth work; ii. Promoting the positive social value of youth work and its effects on social mobility; iii. Representing the views of young people and youth workers and; iv. Educating and supporting the public and ||||private corporate organisations about the
role and value of youth work in relation to
social and economic policy.| |---|---|---|---| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17
and 1.19||The directors believe that the organisation
satisfies the requirements of section 17 of
the Charities Act 2011 regarding public
benefit because the general community
benefits from the organisation's activities.
The principal activities of the organisation
which are set out in the Articles of
Association include:
Promotion of social inclusion for the public
benefit by working with members of
communities, who are socially or
economically deprived.
Provision of education, recreational and
leisure time activities, and general
assistance to young disadvantaged
persons.
**Overview of our work**
PYF’s main work is divided into five
different strands.
Each focus on a different aspect of young
people’s lives:
-
transitions into employment and
training, and re-engagement with
education
-
supporting young people at risk of
exploitation or at risk of being drawn
into crime
-
encouraging healthy, lifestyles, and
physical activity
-
supporting young people’s creativity
-
support for young refugees, asylum
seekers, and migrants.
The advantage for young people is they can
enter PYF through one door and access
many rooms inside. It allows us to deliver a
range of specialist programs, for example
supporting newly arrived refugees into
education, or mentoring young artists so
they can develop a career in the music
industry. But these young people can also
benefit from regular sports programmes,
learn to cook, join debates or take part in
the Duke of Edinburgh Award, for example.
PYF also provides support for youth
organisations in Coventry and West
Midlands by commissioning youth projects
and coordinating initiatives such as the
youth voice initiatives.| Families continue to experience a severe cost of living crisis with inflation at the highest rate for 40 years. These economic conditions impact most severely on the poorest communities, and we know that 68% of young people who we support live in the top 20% most deprived neighbourhoods in England (according to Income Deprivation Affecting Children Index). **Measuring the impact of our work** We measure the difference we make in several ways: There are some outcomes we can count directly, like the number of English or Maths exams young people pass; the jobs or college courses they start; or the improvement in attendance at school. There are some outcomes we measure by asking young people how they feel. For example, our baseline survey measures young people’s experience at PYF when they start, and as they continue with us: how safe they feel; whether or not we respond to their views and opinions; and how positive they feel about life. This gives us an overall picture but doesn’t take account of wider influences in their life. Perhaps the most insightful evidence is from young people themselves and we use written and recorded case studies, video and photography to document this. We also collect more detailed evidence about our impact using information from parents, teachers and others who are close to young people. This gives us a richer picture of the impact of our work, and you can read some of these stories throughout this report. Our attendance data, and the frequency of young people’s participation across a range of activities also tells us something about how meaningful activities are to them. Young people attend our programmes voluntarily, so regular attendance over a long period of time suggests they value their contact with us. Our work is also underpinned by a theory of change which helps us to understand the elements of our work that work contribute to successful outcomes |||A full summary of our work is available
through our Impact Report, available on our
websitewww.positiveyouthfoundation.org| |---|---|---| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The trustees maintain an understanding of
the requirements of the charities
commission guidance as to our public
benefit obligations and are satisfied that we
meet these.| |**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:| |---|---|---| ||SORP
reference|| |Policy on grant making|Para 1.38|We have not made any direct grants during
the reporting year.| |Policy on social investment
including program related
investment|Para 1.38|Not applicable.| |Contribution made by
volunteers|Para 1.38|Volunteers remain an important element of
the organisation’s offer to the local
community. This mutually beneficial model
is an integral feature of our local
positioning.
This includes a dedicated board of
volunteer Trustees, as well as over 45
young people who volunteer their time and
receive support and guidance to ensure
their delivery and they themselves are
safeguarded.
We maintain a close working relation with
Coventry University, focused on volunteer
pathways for relevant students, some
whom have entered in to employment with
us following successful placements.
Please also refer to the comments made
further below about the Positive Young
Thinkers, who are our volunteer Youth
Advisory Group.| |Other||| ## **Achievements and Performance** ||SORP
reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|This has been another busy year offering an
incredible range of activities for young people
across Coventry and the surrounding area.
As demonstrated in our official end of year Impact
Report, we provide opportunities for young people
whatever their needs or circumstances: whether
they come once a week to enjoy sports and leisure,
or five days a week to join one of our highly
targeted mentoring programmes.
**Qualifications**
We supported young people to take a wide variety
of qualifications this year.
•
9 young people passed 20 Maths and
English Functional Skills exams.
•
87 young people completed 164 different
AQA units including Making Choices,
Personal Well-being, Make Up, Decisions,
and Developing Confidence.
•
5 young people gained a City & Guilds/
PYF digital Badge in Volunteering, and 14
were awarded a Work Experience badge.
•
8 young people successfully completed
their Bronze Duke of Edinburgh Award.
•
We supported 3 young people to achieve
their skiing inspectors award with Snow
Camps; 16 people (including 9 young
people) took their Badminton Co-ordinators
Training; and 11 took theirSTA Level 2
Award in Teaching Swimming.
**Participant’s age**
PYF supports young people aged 8-25, although
the majority who attend our programmes are aged
12-18. We are steady increase in the number of
older young people (18-25 yrs) attending our
English language classes and we are also focusing
on the early ages (mainly 8-13 year olds in some
programmes where it is difficult/ not appropriate for
them to join older groups). PYF’s overall
participation level this year returned to pre-
pandemic levels.
**Participant’s gender**
More young women are taking part in our
programmes than before. In 2023-24 32% of
participants were female compared with 25% the
year before. Generally, we have higher numbers of
male participants because we run large football
and basketball sessions which are aimed at this
group.| **Participants ethnicity** We continue to reach a very diverse group of young people. There has been a significant increase in the number of Black British/ African participants we support. **1. Employability Programmes – Raising Aspirations Programme (RAP)** "RAP uses young people's interests as a starting point to inspire them and realise what they can achieve" **The Raising Aspirations Programme (RAP) helps young people experiencing challenges in mainstream education, or who are not engaged in education, training, or employment. Many are outside the labour market and not registered at the Job Centre, and experience profound and complex challenges in their lives.** Many of the young people we support face challenging circumstances, often linked to difficult home lives, low family incomes or uncertain legal status in the UK. Some have mental or physical health challenges. Our work aims to build young people’s selfconfidence, help them make friends and build trusted adult relationships with youth workers. This becomes a foundation for other things – improving in education, finding employment or the motivation to think more positively about the future. There are numerous examples of how this kind of intervention with young people makes a difference, but at the heart of it is the trusted relationship that young people build with a youth worker and the impact this can have on their self-confidence and resilience. These are skills which are often overlooked in programme design and policy making, but they are key to success. According to the Youth Endowment Fund (2023) ‘mentoring is effective in both reducing crime and the behaviours associated with crime and violence. The research suggests that, on average, mentoring reduces violence by 21%, all offending by 14%, and reoffending by 19%.’ Our _**Chances**_ programme was funded through a Social Impact Bond (SIB) arranged by the community interest company Substance with Coventry City Council as one of the financial backers. PYF delivered over 8,600 hours of mentoring, individual and small group support to 540 young people between Apr 2022 – Mar 2024. |17 young people completed 21 accredited| |---| |qualifications including Entry Level 3 Functional| |Skills in Mathematics and a range of AQA awards.| |**2. Community Provision – Positive Futures**| |"We need to build trust for mentoring to work well.| |It allows young people to talk about their lives,| |share their worries and explore solutions with their| |mentor."| |**Positive Futures supports vulnerable young**| |**people who may be at risk, for example from**| |**gang activity, criminal or sexual exploitation,**| |**low school attendance or exclusion from**| |**school. We offer highly flexible mentoring and**| |**one-to-one coaching, built around young**| |**people’s individual needs.**| |PYF took part in a 2-year programme funded by the| |Youth Endowment Fund (YEF) which tested the| |feasibility of running research trials in multiple sites.| |This approach, which YEF described as ‘ground-| |breaking’,
allowed
smaller
community-based| |organisations to take part in a randomised control| |trial assessing the impact of mentoring on| |participants.| |PYF was one of 16 organisations selected to run the| |trials and supported 44 young people over an 18-| |month period, including 22 who were randomly| |selected to undergo mentoring in the first cohort.| |Cohort 2 were then offered the same counselling| |and support but were not included in the final data| |collection.| |All 44 young people were retained in the project –| |nobody dropped out and PYF was commended for| |its work.| |**Community Café for older young people**| |We launched a community café, which has quickly| |become our hub for 16-25 year olds seeking| |guidance and assistance. The café offers a wide| |range of opportunities for personal and| |professional development including employability| |support, life skills development, cooking lessons,| |well-being activities, networking, confidence| |building and social skill development.| |The cafe also serves as a place where we| |collaborate with employers and other professionals| |to enhance young people's employability| |prospects.| |Our plan for year two involves expanding our| |support, for example by offering sessions for young| |refugees and asylum seekers. These sessions will| enable us to identify the challenges the young people face and create action plans to support them into education, employment, and training. **3. Newly arrived young people – Involved** "We want Coventry to feel the same for everyone… we want _our_ Coventry to be _their_ Coventry. That’s exactly what _Involved_ is about. " **College Boost: supporting young refugees and asylum seekers into college** Funded by the City & Guilds Foundation, College Boost aims to support young refugees and asylum seekers to improve their English language skills and learn more about life in the UK. Participants include refugees arriving under the Syrian and Afghan UK government resettlement schemes, and unaccompanied asylum-seeking children (UASC) under 18 who are looked after by the local authority and foster parents. We provided three levels of ESOL (Pre-entry, Level 1&2, and GSCE) for 60 young people, as well as individual help with college applications. In addition, we created a small group to help newly arrived young women with applications for university, volunteering or employment. **4. Changing Trax** “Working with young people to inspire, develop and unleash their creative talent” **Changing Trax provides opportunities for young people to explore their creativity through music, photography, videography, fashion or more traditional art and design. Our main aim is to work with those who want to be creative but haven’t found the support they need so far. For those who already have some experience and want to develop their skills or take part in paid opportunities, our Creative Collective offers another level of opportunity.** This was another incredible year for our Changing Trax team, supporting young artists through our music studio and providing them with real opportunities to perform, record and launch their own music as well as develop their business skills as independent artists. As part of this, we co-ordinated an independent stage for young people at Coventry’s 2-day Godiva Festival. We secured funding from the Arts Council for further training and support for young artist development, and from the Network for Social Change to support spoken word artists, including newly arrived young people. We worked with the Royal Shakespeare Company in Stratford on an exhibition piece for the foyer – a video created by our spoken word artists. Back at our youth centre in Hillfields we run a weekly, ever-popular art session. **5. Healthy Futures** "Improving the physical, emotional, and mental health of young people… " **Healthy Futures supports young people and their families to live fuller and more active lifestyles, through a mix of both mainstream and non-traditional sports and physical activities. Increasingly our work in this area takes a ‘whole community’ approach which recognises that young people’s attitudes to health are strongly influenced by families, friends and wider community institutions.** Our partnership with Coventry Building Society has allowed us to deliver an open access youth club twice a week from Hillfields Young People’s Centre. We also offer music studio access, quieter spaces for homework and informal English language support, as well as serving hot food. In 2023-24 our cooking team (including young volunteers) served over 9,000 meals, including for young people to take home to their families. Young people say how much they enjoy participating in youth club, how it can help them to relax and spend time with friends in a safe, welcoming place. During 2023-24, PYF engaged a therapist to work in our youth centre, offering one-to-one support for young people in a setting that is familiar to them. Like many local authorities, there are long waiting lists in Coventry for young people to see a counsellor or behavioural specialist. Go Parks is a city-wide programme led by PYF and supported in 2023-4 by Sport England, Coventry City Council and the Paul Hamlyn Foundation. Fourteen community organisations delivered sports activities in the summer and autumn of 2023, including skateboarding, short tennis, parkour, boxing, as well as creative activities inspired by the outdoors. Altogether 1,255 young people took part across 19 city parks. **Positive Young Thinkers (PYT) Youth Advisory Board.** PYT is made up of local young people using their voices to advocate for change and support our organisation behind the scenes. Young people are granted autonomy to plan and manage large aspects of our National Lottery-funded community engagement programme, demonstrating leadership and initiative. PYT members are consulted before we start any new sessions within our Positive Futures programme as well as other areas of work. The group have a regular slot at Board Meetings to meet with Trustees. **Additional information (optional)** You may choose to include further statements where relevant about: |Achievemen
ts against
objectives
set|Para 1.41|As outlined through the narrative above we are pleased to report
a healthy set of achievements against our set objectives for the
year, which focus on positive outcomes for young people
alongside a viable future for the organisation.| |---|---|---| |Performanc
e of
fundraising
activities
against
objectives
set|Para 1.41|The executive team are pleased to report a successful financial
year however caveat this with a forecast of a challenging
landscape in the coming years.| |Investment
performanc
e against
objectives|Para 1.41|Not applicable.| |Other||**Human Resources**
A steady period of recruitment and retention.
Our Wellbeing Committee oversee an important aspect of our
HR package of incentives in relation to staff wellbeing such as
healthy food, gym access etc.
**Sustainability**
We are confident of our sustainability given the nature of our
relationships with young people and key funders.
**Finance**| Our financial position remains healthy and balanced. ## **Financial Review** |Review of the charity’s
financial position at the end
of the period|Para 1.21|Our surplus position at year end is assuring
given the state of the sector and financial
matters relating to charities/voluntary sector
following Cost of Living issues and the
knock-on effect of funding available for the
youth work sector.
Regular analysis of our financial position is
undertaken at a board level.| |---|---|---| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|An updated ‘Reserves Policy’ has been
produced to reflect the latest position of our
finances.
The main focus of this policy is to ensure
that we protect our interests by ensuring
consideration is given to protecting a basic
level of:
-
Core costs such as minimal staffing
requirements and implications of significant
and ongoing income reductions due to the
cost of living crisis and associated funding
matters.
-
Legal requirements such as
redundancy, accountancy and insurances
-
Sustainability plans including
developing provision for capital spend when
required as we look to sustain and further
grow the charity in to new spaces for young
people.
Our accommodation status remains a
concern for the board as we seek to invest
in to the purchase of a building as soon as
viable. The board maintains active interest
in ensuring we can identify premises that
are suitable, be it now or via suitable
renovation work, in matching the needs of
our services and programmes.
This approach enables us to continuously
plan for a future where we provide relevant
and credible services for young people,
even when there is a distinct lack of grant-
funding opportunity across the sector.| |Amount of reserves held|Para 1.22|£672,444| |Reasons for holding zero
reserves|Para 1.22|n/a| |Details of fund materially in
deficit|Para 1.24|n/a| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|We are confident of our sustainability, and
pleased with the performance of the charity
over the past year.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|Once again the organisation has attracted a
healthy balance of grant funding and some
income generated from a combination of
national, regional and local funders and
trusts. We have also increased our efforts
in securing corporate donations.| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|Not applicable| |A description of the principal
risks facing the charity|Para 1.46|**The principal risks are as below:**
**1. Sustainability**
With an ever-shifting landscape of youth
policy and wider challenges for the charity
sector and the cost of living crises, we
maintain a close eye on our sustainability
through mapping our partnerships and
networks in which we operate.
**2. Human Resources**
We have revised our business continuity
plans to mitigate risk, sharing out more of the
strategic
responsibilities
across
the
executive team. Staff recruitment and
retention remains a priority.
**3. Property**
Whilst we have secured a short-term lease,
we recognise that this is risky and seek to
address this through the purchase of a
suitable premises as soon as a viable option
becomes available.
**4. Demand for services**
This continues to increase, due to a number
of societal and economic factors. Ensuring
we can service this growing need remains a
strategic risk that we regularly review.| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document|Para 1.25|Articles of Association - Memorandum| |How is the charity
constituted?|Para 1.25|Company Limited by Guarantee| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Trustees are appointed based upon their fit
against our skills audit, which is following
an application and interview process. This
ensures that we have a good fit of people
for the organisations ethos and objectives.| |**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:| |---|---|---| |Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|Trustees maintain a regular timetable of
access to the organisation and its training
opportunities. We have access to the local
voluntary council’s training programme and
identify relevant opportunities for trustees.
We have also updated our Trustees
Induction Pack, which is routinely adapted
as the charity grows. This has been
produced by a well-respected national HR
lead within the sector.| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|A revised organisational structure has been
implemented, taking in to account the
increased responsibilities of the
organisation and key personnel within.| |Relationship with any
related parties|Para 1.51|As evidenced in our annual report, we have
significant and deep-rooted relationships
with local, regional and national sector
partners which ensures that PYF maintains
its position as one of the sector leaders.
We have no legal/ownership relationship
with any party and retain our fully
independent status.
PYF is grateful to all the funders, sponsors
and individuals who contributed to our
work.| |Other||| ## **Reference and Administrative details** |Charity name|Positive Youth Foundation| |---|---| |Other name the charity uses|n/a| |Registered charity number|1145284| |Charity’s principal address|Positive Youth Foundation
The Techno Centre, Coventry University Technology Park
Puma Way, Coventry, CV1 2TT| **Names of the charity trustees who manage the charity** |1
2
3
4
5
6|**Trustee name**|**Office (if any)**|**Dates acted if not for**
**whole year**|**Name of person (or body)**
**entitled to appoint trustee**
**(if any)**| |---|---|---|---|---| ||CoreyBarratt|||| ||Andrew Jack|Chair||| ||Vincent Mayne|||| ||AmyFoster|Vice-Chair||| ||Carl Binns|||| ||John Kiely|||| ## – Corporate trustees names of the directors at the date the report was approved **Director name N/a** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year N/a** ## **Funds held as custodian trustees on behalf of others** |Description of the assets
held in this capacity|N/a| |---|---| |Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects|N/a| |Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own
assets|N/a| ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**| |---|---|---| |**Type of**
**adviser**
**Name**
**Address**||| |Accountancy/
Payroll|Crystal Business
Services|264 Stoney Stanton Rd, Coventry CV1 4FP| |**Name of chief executive or names of senior staff members (Optional information)**||| |Rashid Bhayat (CEO)||| ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details **N/a** **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** |**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**|
A.JACK|A.FOSTER| |---|---|---| ||
Andrew Jack|Amy Foster| ||
Chair|Vice Chair| ||**TBC**|| ||**TBC**|| posrThvE YoirrH FOUNDATION djaritsble com Report and Accounts 31st March 2024 Charity Number." 1145284 Company Number.. 7613299 POSITIVE YOUTH FOUNDATION Financial Statements Year Ended 31st March 2024 Contents Page Company Infomiation Directors, Annual Report Auditors Report &10 Statement of Financial Activities 11 Balance Sheet 12 Cashflow statement 13 Notes to the Financial Statements 14-20 POSITIVE YOUTH FOUNDATION Company Infonnation Directors MR VINCENT MAYNE MR ANDREW JACK MS AMY FOSTER MR CORY MICHAEL LEE BARRE MR CARL BINNS MR JOHN KIELY Company CEO and Secretary MR RASHID BHAYAT Auditors CRYSTAL BUSINESS SERVICES LTD Chartered AccounlantslRegistered Auditor 264 STONEY STANTON ROAD COVENTRY CV14FP Bankers THE CO-OPERATIVE BANK - cOVE￿rRy SHAWBROOK BANK- BRENTWOOD Registered Office THE TECHNO CENTRE COVENTRY UNIVERSITY TECHNOLOGY PARK PUMA WAY COVENTRY CV12rr Reglstered Numbers Charty: 1145284 Company . 7613299 POSITIVE YOUTH FOUNDAMON Cornpany Reglstered number: Charity Registered number: Directors. Report 7613299 1145284 The directors present their annual rewrt and financial statements Covering the year to 31st March 2024. The directors have adopted the. provision of the Statement of Recommended Practice ISORPI Accounting and Reporting by Charities, (FRS 102) in preparing the annual report and financial statements of the Charity. Name, Reglsterfjd offic& and Constllutlon of The Company The full name of the company is PositNe Youth FoundalKJn. The cc¥rtpany was regtstered in England on 21st April 2011. The company i8 a charitable organisalion wrth no share c8Pftal and limrted by guarantee. The companls registered office is situated al The Techno Centre. Coventry Universty Technology Park, Puma Way, Coventry. ErKJland. CV12￿. Objectiveslgeneral activities The organisalion's principal objectives are.. The Posttive Youth Foundabon IPYF) is a registered charty based in Coventry Ihal SLTrPPOrts young people aged &25. Through our work we aim to ratse the aspirations and lrfe chances of those in difficurt circumstances through iwo main areas of work.. Intensive frontline semces through prcgrammes that support education. employment and training. healthy lifeSt￿eS. arts and culture. srtial action and the integration of young migrants,. and, • Strateg￿ support lo policy leads, commrssioners. funders and agencies across the youth work sector. We are well Connected lo local. reg￿nal and nationa youth work organi￿li0nS and regular onlribule to the shaping of youth policy. Further infomlalion abjut our work B avaiL8ble on ourwebsite: whw.posrtiveyoulhfoundation.org. The organis81ion's objeclNes are specifvlty restricted to the folltr+ving'. lal lo promote social inclusion for the publ￿ benefft by workFng wrth members of communities. primaftly bul not excluswety. in the Midlands. including but not limited lo Coventry who are socially excluded on as a resurt of being a member of a sccially and economically deprived eomrnunty to relieve the needs of such people and assist them lo integrate into soC￿ty, in particufar by providing netsvork group that enabk and encourages members of eommunilies primarity bul not exclusivety. in the Midlands, inelyding bul not limrted to Coventry lo partieipale more effectively in their community using cultural programmes including, but not limited lo. art and music, educational antj sporting programmes as a means of getting people lo take part in joint activty, in partieular among s¢xially or economically disadvantaged communitw provtding worksfv)ps. advocacy mentoring and support. Ibl to advan￿ in lrfe and relieve needs of young people through". {il the provision of ￿tre*lOnal and ￿lsure time activ￿e5 Prov￿￿1 in the inlerest of social weKare. desrgned lo improve Iheii ￿ndit￿Trs of lrfe- lill providing stjpport and activities wh￿h develcy Ih*r skills, capacibes and capabililre5 to enable them to participate in society as mature and responsible irKlwidu81s. {cl the advancement of education. including physical education. Idl lo provide or assist in the provision of facilit￿ in the interests of social welfare for ￿reatiOn or other leisure time ¢xcupalion of indivrduals who have need of such facilities by reason of their youth, age infimiity or disabilty. financial hardship or s￿￿91 circumstan￿$ Mlh the object of improving their cond¢tions of lrfe. {e} lo advance the educabon of the publ￿ in general W￿lUdIng. but not limrted to, those involved in charitable youth by. POSITIVE YOUTH FOUNDATION Company Registered number: Charity Reglstered number . Directors. Report i.Providing and promotin9 training and professhywl development services to those invofved in charitable youth work; ii. Promoting the positive S￿la1 value of youth I￿rk and its effects on social mobilty.. iii. Representing the views of young people and youth workers and" iv.Educaling and supporting the public and prNate eofporale organisali?ns about the role and value of th work in relat￿￿ to SLxial and economic p￿icY. 7613299 1145284 Publlc Benefrt The directors believe that the organisab.on satisf￿$ the requirements of section 17 of the Chari(ies Ael 2011 iegarding public benefrt because the genefal community benefrts from Ihe organisalion's aclmties. The principal actmties ol the organisation which are set OLrt in the Articfes of Association include: Promotion of sccial inclusion for the public beneffil by w0￿1ng with members of communities, who are sockilly or economicalty deprwed. Provi5ton of education. wreatK)nal and ￿lsu￿ time activths. and general assistance to youn9 disadvantaged persons. Management Structure The direclorsltruslees of the organisation for the period from 1st Apftl 2023 to the date of this report a￿..- Mr Vincent Mayne Mr Andrew Jack Ms Amy Foster Mr Cory Michael Lee Barrett Mr Carl Binns Mr John Kie The day-to-day ¢3perations of the organi8atN)n has teen entnjsled to ch￿ E￿ut￿e Officer Mr R Bhayat. who is assisted by three senior managers. alongside a team of Programme Leads and youth wor1(ers. As per the organisalion's ¢onstrtution the direclots a￿ not remunerated. The direclors meet regulaity to discuss the organisalion's operat￿n5. The appointment of any new directors need the approval of the directors and onty those persons who are appropriately skilled and fully supportive of the organisation's circumstsnces woukl be conswjered. The Positive Youth Foundation is supported by a Youth Advisory Board made up of kxal young people and a Board of Trustees. The board consists of inftuenlial indmduals, including business kaders wilh a sound working knO%￿edge of the charrtable and communty sectors. PYT is made up of local young people using their voices to th￿ale for change and support our organisalion behind the scenes. Young Peop￿ are granted autonomy to plan and manage large aspects of our National Lottery-funded communty engagement programme. demonstrating leadership and iniliatNe. PYT members are consurted before we start any new sessions within our Positive Futures programme as well as other areas of work. The group have a regular slot at Board Meetings to meet with Trustees. The oig8nisatwJn also use the service5 of approximatety fourty volunteers whose role is to support the delivery of front line youth Serv￿eS. Trustees Tralnlng and Development." Directors (Trusleesl are Offe￿ relevant trwning opportunities vthich will enable them lo make effective choices. Thanks lo prewous SUPFQrt from a regional development programme, we launehed a Trustee Reerurtmenl Pack which seeks to *tract new trustees to further enhance the board skills and attributes to match the gr0￿h ol the charrty. Thts LS SUPPOrted at a Govemance level with guidance produced by our HR consultant wh￿h outlines key legal resFonsiblities for Trustee5. POSITIVE YOUTH FOUNDATION Company Reglstered number: Charity Registered number: Directors. Report 7613299 1146284 Kgy Achievements- 2023124: Trnnds and Challenges . Akogelher 2,086 young people look part in one or mole of the 3.368 sessions we ran in 2023-24. Young people and adutts continue lo a￿esS 8 wide variety of healthy &livilies within their communities. most notably through our place-based work. . Providing safe spaces for young people lo ￿m. eat and play remains at the heart of our delivery, in part￿ular from our youth hub base. The ongoing conflicts around the world continue to require us lo support young people and families as refugeeslasWum seeking. . We have seen yet another increase in referrals from Coventy Cty Council'5 Early Help team and others as well as the start of a project supporting looked-after young people. . We continue lo ieceive hvjh ￿ver$ of safeguarding concems. which we woth closety wlh statutory partners lo support young people wrth. AmKlst a backdrop of funding cuts and in5e¢urity wthin the sector. reimagining the role of 'Yo￿h work, as a viable tool lo challenge Soc￿tal challenges has once again been al the forefront of Oljr advocacy work. 1.Raising Aspiratiofts Programme Many of the young people we supwrt face challenging circumstsnces. often linked lo difficurt home live5, kjw famity income5 or uncertain legal status in the UK. Some have mental or physical health challenges. Our work aims lo build young pe￿Ie'S seif-confmlence, help them make friends and build trusted adult relationships with youth wotkers. This becomes a foundation for other things educatvJn, finding employmenl or the motNation lo think more pos11Ne￿ about the future. improving in 2.Positlve Futures Community Programm• We look part in 8 2-year piogramme funded by the Youth Endowment Fund IYEF} which tested the feasibilty of rijnning research trials in murtiple sites. This approach, wh￿h YEF described as 'ground. breaking., allowed smaller eommunty-based organisal*)ns lo lake part in a randomised conlfol thal assessing Ihe impacl of mentoring on participants. 3. Involved A hHJhlight project was College Bcost.. supportiThJ young refugees and asylum seekers into college Funded by the City & Guilds Foundation, College Boost aims lo support young refugees and asylum seekers lo improve their English language skills and leam more atK)ul lrfe in the UK. Participants include refugees arriving under the Syrian and Afghan UK government resettlement schemes, and unaccompanied asylum-seekin9 children (UASCI und81 18 who are looked after by the local aulhorty and foster parents. We provided three levels of ESOL {PTeentry, Level 1&2. and GSCEI for 60 young people, as well as individual help wtth college applulions. In addrtion, we created a small group to help nevAy arrived young women with apPl￿tionS for unNersty, volunteenng or employynenl. 4. Changing Trax This was another incredible year for our Changing Trax team. supporbng young artists through our musi¢ studio and provKling them wrth real opportunrties to perfom, record and launch their own music as well as develop their business skills as independent artists. As part of this, we c¢>ordinated an independent stage for young people al Covenlry's 24ay G¢)diva Festival. We secured funding from the Arts Council for fvrther trainin9 and support for young artist development, and from the Ne￿ for Social Change to support spoken word artists, including neYAy POSITIVE YOUTH FOUNDATION Company Registered number: Charity Registered number . DireGtors' Report 7613299 1145284 5. Healthy Futures Our partnership with Coventry Building Society has allowed us to defiver an open access youth club twice a week fiom H11tf￿kIS Young People's Centre. We also offer MUS￿ studio access, quieter spaces for homework and informal English language SUPFOrt, as well as serving hot food. In 2023-24 our cooking leam {including young volunteeis) serveil over 9,000 meals, including for young people to take home lo their families. Young people say how much they enjoy participating in youth club, how it can help them to rebx and spend lime with friends in a safe. welccYning pl&e. 6. PYF Connect Whilst the youth work sector slnjggles to attract relevant resources, we have been active Ihfough this 51rand lo attraet resources lo be able to support the kxal and regional youth work sector to strive. We have recewed funds lo work alongside smaller organisalions. helping them lo build capacty and resoLFrce, which in tums gives more young Peop￿ the opportunty lo engage and thrive. Summary This has been another busy year offering an incredible range of xtivities for young pecwle across Coventry and the surroundirrfJ area. All of them relale lo our strategic aims and we have slruclured this report lo rdect thts. Credit goes to our amazing funders. vofunleers and staff team - their commitfflenl, dedication and innovation has had a bHJ impxt on young peeole and makes PYF the friendty and supportive place it is. Further detsils of the impact of our work can be found within our Annual Impact Report which is published on our websrte - V*WW.posiltveyouthfoundation.org - here you will find details of engagement levels of participants, e85e studies of young Peop￿ and communrties who attend our provision as well as further details of our funders and supporters. wFU￿Lrt wh￿n we would not be able lo support the young people in the ￿￿Y that we do. The year was also boosted by us having a promvwil role al events such as Salesfofee World Toui and also high profile regional commi$sbY￿ for Youth Voice prqects. Despite the challenges to our sector and the VCSE sector more broadty. the financial profile of PYF continues to healthy. with a pipdine of grants and awards [ele￿ant lo delivery. To ensure that we provide a clear public benefft. have set our organi5alional values.. - To be transparent in our operations - To have young wple at the cenlre of all that we do - To Ireal all of our stakehoklers wrth respecl and dvJnity - To have a workforce that reflects and responds to the needs of our tsrgel groups - To have an effective and responsible board of trustees and associates - To a￿VaYS behave in the interests of the young people and the wder Charitab￿ objecttves of our organisalion. Human Rosources We have continued to develop our HR responsibilities through training and development opportunities for staff. as well as recruiting to new Toles vAlhin the organisalion. Our Wellbeing Team continue to support the organisalK)n ￿￿th inrtiatives and SUPFX)rt to ensure we are fft for purpose and as healthy as can be. POSITIVE YOUTH FOUNDATION Company Registered number: Charity Registered number . Directors, Report 7613299 1145284 Unrestrlcted and undesignated funds." This is income genetaled by the organisalK)n wh￿h can be spent on an￿hing lo further the work of Positive Youth Foundation. As a relatively young charity, we are aware of the ￿Ve1 of caution we musl exercise in planning for the sustainabilty of the organisat￿n. The funds have been profiled to reflect significant risks anticipated. in parbcular in relatDn to C￿ salaries asscKialed wlh the f￿￿tiOnIng of the organisalion. The Board plans for the lèvel of unrestitted fuThJs to be equivalent to 6-12 months of revenue expenditure of the preV￿u$ financial year. This 15 in line with Charity Commission guidelines and gives us the confhdence required lo maintain a healthy forecast of viabilty. The charrtls unrestricted reserves as of year-end give the t¥Jard confplence of our short to medium-temi suslainabilty. Restrieted funds: This rekles lo unspent money from rests￿ed grants and contracts. The funder or donor ha5 speCif￿d what the money musl be spent on and the Board do not have the power lo spend the money on anything else. These include all contr￿l￿al and grant related obligations. The charitys restri¢te(I reserves at 31st March 2024 are £152.￿ {2023- £199.585). Grant-making and Investment Policies The organisation dxl not award any grants during the year. The cOMpan￿S onty investment was the short-temi deposit accounts. Prof8sslonal Servlees During the year, the company utilised the semees from the fol￿ryng.." Bankers - The C(wperalNe Bank. Coventry Shawbr¢x)k Bank , 8renfv￿Od Accountsnts- Crystal Business Servvs Limited. Chartered Acctyjntanls. Coventry Principal risks The principal risks that the organisat￿n faces and the miiigation actions are as follows :. Sustainabil- There is an ever-shrtting landscape of youth policy. We maintain a cbse eye on our sustsinabilty through mapping our partnership5 and ne￿AlIk$ in whrh we operate. We recogntse the importance of keeping Ihe chartys profije at an almime h*3h. Human ReSoU￿eS We have continued to develop our HR responsibilities through training and development opportunities for staff, as well as recrurting to new ro￿ wlhin the Organisat￿n. We have also continued lo resource Ihe Wellbeing Team within the organisation to ensure that our staff have access lo support within and outside of work where rekvant and appropriale. Pro We have entered in lo an ongoing short-temi lease with the l¢xal authority for our delNery base. we recognise that this ￿ risky and seek to address this through the purchase of suitabk premises as swn a5 a viable option becomes availabk. We continue lo maintain or kase al our HQ. wh￿h gives us a solid foundation to manage the core of the business. POSITIVE YOUTH FOUNDATION Company Reglstered number: Charity Registered number: DireGtors' Report 7613299 1145284 Demand For SeThAces The demand for our serv￿e$ outstrips what we can current￿ offer therefore we continue lo seek new resources lo meet the needs of young people. Being in a posi(ion whereby we can advocate on behall of young peop￿ is essential for us as we also seek to shift p)licy decisions as well as directly deliver lo young peopte. Directors. Responsibllities The directorsltnjslees are responsible for preparrng the Directors, Report and the financial statements in a￿ordanCe with applicable law and reguLglion5. Company law Tequires the directors to prepafe financial statement$ for each financial year_ Under that law, the directors have elected to prepare the financial statements in accordance with Unrted Kingdom Generally Accepted Accounting Practice {United Kingdom Accounting Standards and applicable iawl. Under company law the directors musl not approve the financial slalemenls Un￿SS they are satisfied that they give a true and fair view of the state of affairs of the company and of the nel in¢￿Ing In preparing these financial sLitemenls. the directors are required lo= - select suitable accounting policies and then apply them consistentty- - make judgments and estimates that are reasoftab￿ and prudent. prepare the financial staiemenls on the going concem basis unless it is inappropriate to presume that the company will ¢ontinue in business. The directors are ￿SPonsible for keeping adequate accounting records Ihal are sufficient lo sh¢)w and explain the company's transacti¢￿S and disclose with feasonabte accuracy al any lime the financial position of the company and enab￿ them lo ensure that the financial slalemenls comply with the Companies Act 20C6. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for ￿ prevention and detection of fraud and other irregularities. Statement of disclosure of information to auditors The directors of the company who hekj offtce al the date of approval of this difeclors. rep)rt confimi.. that.. - as far as they are aware, there is no rekvanl audit infomiation needed by the audrtors in eonnection with preparing their rerhjrt of which the auditors a￿ unaware.. and they have taken all the steps thal they ought to have taken as a (lirector in order lo make themselves awaie of any relevant audrt infomiation and lo establish that the compan￿$ auditors are aware of that infomiatKJn. This report has been prepared tsking aJvant&3e of the small cixnpanies exemption in the Companies Act 2006 This report was approved by the board lo h September 2024. MR ANDREW JACK (Chairperson). MR VINCENT MAYNE (Trustee) POSITIVE YOUTH FOUNDATION Company Registered number: 7613299 Charity Reglstered number . 1145284 Independent Auditors Report to the Directorsrrrustees Opinion We have audited the financial slalements of Positive Youth Foundabon for the year ended 31st March 2024 which comprise the Slalement of Financial Aclivities.Balance Sheet. Cash Flow Statement and notes lo the financial statements. including significant accounling policies. The financial reporting framework that has been applied in their preparation is applrcable law and United Kingdom Accounting Standards. including Financial Reporting Standard 102 The Financial Reporting Standard appltcable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial slalemenls.. ' give a true and fair view of the state of the charrtable ￿mpanY'S affairs as al 31 sl March 2024, and of its incoming resources and applicalti)n of resouices, ineluding rts income and expenditure. for the year then ended-, . have been pr¢¥erly prepared in accordance ￿th United Kingdom Generally Accepted Accounting . have been prepared in accordance wrth the requirements of the Companies Act 2006. Basls for oplnion We conducted our audit in ￿T￿ance with Intemational Standards on Audrting (UK) (ISAS IUKI) and applicab￿ L3w. Our ￿sPONSIbl1itieS under those standards are further deseribed in the audTtor iesponsibililies for the audit of the financk41 statements sectK)n of our rewrt. We are independent of the charitable e¢Jmpany in accordance wrth the ethul requirements Ihal are relevant lo our audit of the financial stslements in the UK. including the FRC'S Ethical Standard. and we have fulfilled our olhei ethical responsibilitvés in aC￿rdanCe wlh these requirements. We believe that the audit eviden￿ we have obtained SLrfflc￿nt and approprth lo prowde a basis for our opinion. Conclusions relatlng to going concern In auditing the financial statements. we have concluded that the trustees, use of the going concem basis of accounting in the preparation of the financial statements 15 appropriate. Based on the work we have performed. we have not identified any material uncertarnties relating to events or conditions that, individualty or colleclivety. may cast significant doubt on the charitable compan￿8 abilty lo eonlinue as a going Con￿rn for a perh￿1 of al least tWe￿e months from when the financial slatemenls are authofised for issue. Our responsibilities and the responsibilitie5 of Ihetrnstees wilh respect to going ¢oncem are described in the relevant sectb)ns of thi% report. Other inforniation The other infomiation comprises the InfO￿allOn included in the trustees annual report, other than the financial statements and our auditor's feport thereon. The trustees are responsible for the other information ¢ontsined within the annual report. Our cpIn￿n on the financial statements does not over the other infomialion and. except to the extent othewse explicrtty staled in our report, we do rtol express any fonn ol assurance conclusion thereon. Our responsibility is lo ￿ad the other infomiation and. in doing so. consider whether the other information is materially in￿nsIstent with the fin8nc431 statements or our knowkdge obtained in the coursg of the audr( or olherwse appears lo be matefialty mi5slaled. If we identfy such material inconsisleneies Of apparent material misstatements, we are required lo delemine whether this gives rise lo a material misstslemenl in the financial slalemenls Ihemsefves. If, based on the work we have perfomed, we conclude that there i% a malerel misstatement of this other infomalion. we are required lo report that fact. We have nothing to report in this ￿ard. POSITIVE YOUTH FOUNDATION Company Reglstered number: 7613299 Charity Registered number ". 1145284 Independent Auditorfs Report to the Dlrectotsrrrustees Matters on which we are requtred to report by excèptlon We have nothing to report in respect of the followng matters in relation to which the Charities (Accounts and Reports) RegulatKJns 2008 require us to rewrt to you rf, in our opinton.. • the infomali¢)n given in the financ￿1 statements ineonsistenl in any material res￿1 with the trustees. ￿port,. or 4 the charitable company has not kept adequate accounting records.. or the financial slalemenls are not in agreement with the aeeounling records and return5,' or we have not received all the information and explanaiions we require for our audit. Responslbilities of trustees As expjained more fully in Ihe trustees. responsibifrtvés statement set out on page 7, the Iruslees Iwho ale also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial stslemenls and for being satisf￿d that they give o true and fair view, and for such internal conliol as Ihe InTrstees delemiine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due lo fraud or error. In preparing the financial staternenls. the trustees are responsible for assessing the charitable company's abilty lo Continue as a going eoncem. disclosing. as applicable, matters related lo going concern and using the going coneem basis of accounting un￿sS the Irustees either intend to liqurdale the charitablo ccfflpany or lo cease operations, or have no realistic alternative bul lo do so. Audttor responsibilities for the audit of the Ilnancial statements We have been appointed as auditor under section 144 of the Charibe5 Act 2011 and report in accordance wth reaulations made under sectKJn 154 of that Act. Our objectives are to obtain ￿asonable assurance about whether the financial statements as a whole are free from material mtsstatement. whether due lo fraud or error, and to issue an audrtorfs report that includes our ¢)pinion. Reasonable assurance is a high ￿e1 of assurance, bul is not a guarantee that an audit conducted in accordance ￿th ISAS (UK) will a￿￿y$ deteel a material misslalemenl when il exists. Mi5slalements ean aiise from fraud or error and are considered material rf. individualty or in the ag9￿ale, they could reasonabty be expected lo influerKe the economic decisions of users taken on the basis of these financial statements. IrregularTties. including fraud, are instan￿$ of non-compliance with Lqws and regulations. We design procedures in line with our responsibilities, outlined above. to delect material misstatements in respect of irregularities. including fraud. Because of the inherent limitalwjns of an audit. the￿ is a risk Ihal we will not delect all irregLTrlarilies, including those leading lo a material misslalemenl in the finarKial slalemenls or non-compliance with regulation. Thts risk increases Ihe more that compliance wth a or regutatton is removed from the events and transactions reflected in the finan¢BI stslements, as we will be less likety lo become aware of instances of non-eompliance. The risk is also greater regarding irregularities occurring due lo fraud rather than error. as fraud invofves Intention￿ concealment, forgery. collusion, omission or misrepresenlalion. As part of an audit in a￿OrdanCe with ISAS (UK). v* exefcise professional judgment and maintain professional scepticism throughout the audii. We also= POSITIVE YOUTH FOUNDATION Company Registered number: 7613299 Charity Reglstered number . 1145284 Independent Audltorfs Report to Ihe Directotsrrrvstees . Identfy and assess the risks of material mi5slatemenl of the fina￿la1 sLitements. lthether due lo fraud or error. design and perfom audit pr￿ed￿re$ responsive to those risks, and obtain audit evidence ihal is slrfF￿ient and appropriate to provide a basis for our opinion. The risk of not detecting material misslalemenl resulting from fraud is higher than for one resutting from error, as fraud may involve collusion, foigery, intentional omissrons. misrepresentalrons. or the ¢)verride of inlemal control. Obtain an understanding of inlemal control refevanl lo the audrt in order lo design audit procedures that are appropriate in the Circumstan￿S. but rbot for the purpose of expressing an ¢)pinion on the effeeliveness of the charitable company's intemal control. . Evaluate the approprkaleness of accounling polic*s used arKJ the reasonableness of accounting eslimales and related disclosures made by the Irustees. Conclude on the appropriateness of the trustees, use of the going eoncem basts of accounting and, based on the audit evrdence obtained. whether a m*erial uncertainty exists related lo events or conditions that may cast significant doubl on the charrtable company's ability to continue as a going oncern. If we conclude that a material uncertainty exists. we are required to draw attention in our audilorfs report lo the rekled disclosures in the financial slalements or. Ff such disclosures are inadequate. to modfy tyjr opin•)n. Our conclusrons are based on the audrt evidence oblained up lo the dale of our auditols report. However, future events or condrtitins may cause the charitable company to cease to continue as a going concem. . Evaluate the overall presentth"on. structure and content of the financial statements. including the disclosures. and whether the financial stslemenls represent the undetying transactions and events in a manner that 8chieve5 fair presentation lie. gives a true and fair vwl. Use of our report This report is made solety to the charrtable company's Injslees. as a body. in acwrdan¢e with Part 4 of the Charities (Accounts and Reports) Regulat￿n$ 2008. Our audit work ha5 been undertaken so that we might stale lo the charitable company's members those matters we are required to slate to them in an auditor's report and for no other purpose. To the fullest extent parmitted by law. we do not accept or assume responsibilty to anyone other than the charitable company and the charitable mpan¥s InJslees as a body. for our audit forthis ￿pOrt. or for the opinions we have fomed. MR AKBAR DEDA T(SeniiV SlaluloryAud Forand on behallof.. CR YSTAL BUSINESS SERVICES L TD Chartered AccountantslRegisteredAudtifor 264, Sloney Sl8nlon Road. Coventry. CVI 4FP. Crystal Business ServK&s Ltd. is elvible Io *YI as an auditor in lem?s of sect￿n 7212 of Ihe CoMpan￿S Act 2LXI6. 19th September 2024 10 POSITIVE YOUTH FOUNDATION Statement Of Flnanclal Activities (Income and Expenditure Account) for the year ended 31st March 2024 Notes Restricted Unrgst- cted 2024 2023 INCOMING RESOURCE Supply of services Grants receNable Donat￿n$ Less.. Ttansfer to caprtal grants 82,712 151.355 47.366 82,712 1,347,085 47,366 1.195,730 46.937 1,278,277 7.737 3.766 281.433 1.477.163 1,329,185 1.195,730 Investment Income- Interest eamed Miscellaneous Income 6,863 6.863 700 3,000 1.484,026 1.332,885 1.195,730 288,296 RE OURCES EXPENDED Cost of Charitable A¢tivlties Direct cos15 Salaries and pens￿5 430,153 728.155 1.158.308 {72,418} 107.286 34.868 357.735 835.441 1,193.176 304.896 882.943 1.187,839 Adminlstratlon expenses Staff training and ￿mpl￿nCe costs Telephone and inlemet Postage, stationery. advertising IT so￿are and consumables Bank charges Rent Rates Electricity Repairs and maintenance Servi¢e charges Cleaning Subs¢riplionlac¢redit8tions Insurance Consultancy fees Sundry Depreciation Credits against depreciation 2.384 2,697 6,128 6,137 2.552 8.224 8,S21 5.249 14.352 805 407 30,614 5,9S7 3.739 361 11,282 9,502 2.215 8,511 40.359 6.911 6,672 5.802 149.665 2.959 5,394 11,853 1,227 481 30.614 407 7,970 5.967 3,739 361 11,282 9,502 2.215 8.311 39.935 6,812 6.672 5.802 129.763 3.%8 -873 13,039 7,643 4.096 6,170 39,373 11.701 8.631 7.737 138.539 200 424 99 Govemanco costs Professional chafges { inc.audit lees-£2,880} 19.902 8.1 8.100 7,500 19.902 137.863 157,765 146.039 Total resources oxpended NET INCOMING RESOURCES 1.178.210 172,731 1.350,941 1,333,878 17,520 115. 133.085 {9331 Fund Balances at 1st April 2023 Transfers between reserves Fund Balances at 31st March 2024 199.585 64,109 152.996 672.444 64.109 852,118 872.029 873,022 1.005.114 872.089 All of the &livilies a￿ continuiThJ actwities. POSITIVE YOUTH FOUNDATION Balance Sheet as at 31 March 2024 Notes 2024 2023 Flxed assets Tangibje assets 20.017 25.892 Current assets Debtors Cash at bank and in hand 181.705 991.980 1.173.685 108,667 940,929 1.049.596 CreditOf5: amounts falllng due wlthin one year 1171.1791 {180.249) Nèt current ossets 1,¢X12.506 869,347 Net assets 1,022.523 895,239 Funds Restricted funds Capital grants Unrestricted funds 11 152.996 17.408 852.119 199.585 23,210 672,444 1.022,523 895,239 The financial ststements on p4es 11 to 20 were approved and aulhorised for issue by the directors on 19th September 2024. MR ANDREW JACK {Chatfperson) IAR VINCENT MAYNEITwstee) 12 POSITIVE YOUTH FOUNDATION Cash Flow Ststement - Year Ended 31st March 2024 2024 2023 Cash Flows From O ratin Activities Nel Incoming Resources lexc. interest eamed) Depreciation Credrts against depreciation Investment Income linterestl Movements in Debtors Movements in Cfedrtors 126,223 6,672 (5.8021 6,863 (73.038) 9.070 51.848 {1,693) 8.631 (7,737) 700 I35.6￿) 163.875 128.086 Cash Flovts From Investin Purchase of Fixed Assets Capital grants received Changes in Cashlcash equivalents Activiti (7971 {3.7661 3.766 128,086 51,051 Cashl Cash equwalents Al 1st April 2023 940,929 812,843 Cashl Cash oqulvalènts At 31st March 2024 991.980 940.929 Anal sls of Cashlcash E Current Bank Account Depo$il Bank Accounts uivalents 79.3C6 912.674 991.980 160.117 780,812 940.929 13 POSITIVE YOUTH FOUNDATION Notes to the Accounts For The Period Ended 31st March 2024 1. Summary of significant accountlng policies (a) General infomiation and basts of preparation Positive Youth Foundation is a charitable company regi8lered in England and limrte(I by guarantee. The naluie of the organisation's ¢)perations and piincipal activities are set out in the directors. report. The ganisation's registered offKe is situated at The Techno Cenlre. Coventry UnNersty Technol¢)gy Park, Puma Way, Coventry, England, CV12TT The charity constitutes a public benefft enlty as defined by FRS 102. The financial 5L*ements have been prepared in accordance wrth the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 102), the Charities Act 2011, SORP 2019 and Ihe Companies Act 2006. The financial statements have teen prepared lo gNe a 'lrue and fairf view and have not departed from the Chafilies IAccounls and Reports) ReguLalions 2008 in order lo provide a 'lrue and fair vieyl. The financial slatemenls are prepared on a going concem basts (i.e. there are no material uneertainliesl LFnder the hisl(xical cost COnvent￿n, mchjrfied lo include certain rtems al fair value. The financial $lalemenls are presenled in sterling wthi¢h is the functK*nal currency of the tharity. The sKJnifunl xcounling polic*s aP￿led in the preparation of these financial slatemenis are set out below. These poli¢ies have been Consistent￿ applied to al years presented unless othe￿iSe staled. Ibl Funds Unrestricted fund5 are available for use at the discret￿n of the trustees in fUrthefan￿ of the general objeclivgs of the charity and whKh have been designated for other purposes. Designated funds comprise unrestrthd funds that have been set aside by the trustees for particular purposes. The aim and use of each deswJnated fund is sel out in the notes to the financial slalemenls. Reslri¢ted funds are funds lo be used in accordance with specific reslrictv)ns and conditions imposed by provrders of such funds or funds whi¢h have been receNed by the charrty for a particular purpose. The aim an¢J use of each reslricled fund i% set out in the notes lo Ihe financial slalemenls. Grants received for the purchase of fixed assels (Capital Grnnts) are being written off in line with the depreci811)n rates of Ihe related fixed assets. {c) Income recognition All incoming resources are included in the Statement of Financial Aetivities ISOFAI when the charity is ally entitled lo the inccme after any perfomiance condtiions have been mel, the amounl can be measured feliably and ti 1$ probable that the income will te receNed. No amount is included in the financial statements for volunteer time in line with the SORP {FRS 102). Further detail is given in the Trustees. Annual Re￿)rL Idl Expenditure recognition All expenditure is aceounled for on an accruals basis and has been claSSrf￿ under headings that aggregate all eosls relale(I lo the category. Expendrture is recognised where there is a legal 01 conslruclive obligation lo make payments lo Ihir¢J partEs, it is probabje that the settlement will be required and the amount of the oblwation can be measured reliabty. It is olegorised under the folthw.ng hea(lings'. Expenditure on charitable actNities. and other expenditure ￿P￿SentS those items nol falling into the categories above. Irrecoverable VAT is charged as an expense against the &tMty forwh￿h expenditufe arose. 14 POSITIVE YOUTH FOUNDATION Notes to the Accounts For The Period Ended 31st March 2024 lel Tangible fixed assets Tangible fixed assets are slated at cost (or deemed costl less accumulated deprecialfv)n and accumulated impairrnent tosses. Cost includes costs diredty attn"butable lo making the asset capable of operating as intended. Depreciation is wovided on all tangible fixed assets. al rates calcuEated to wrtie off the cost. less estimated residual value. of each asset on a syBtemali¢ basis over its expecled useful lrfe as follows" Offi¢e fumiiure and equipment- 25% r•Ju¢iThJ balance lfj Investments Current asset investments are short temi highty liquid investments and are held at fair value. These inelude cash on deposrt and cash equivalents wrth a matutty of less than one year. Igl Dgbtors and creditOf5 receivable I payable within one year Debtors and creditors wtth no slated interest rate and receivable or payable within one year are rewrded at transaction price. Any losses artsing frcth impaimient are recognised in expenditure. {hl Provisions Provisions are recognised when the charty has an obligation 81 the balance sheet dale as a resuk of a past event. it is probable that an oufficwé of economic benefrts wll be required in settlemenl and the amount can be reliably eslimaled. {11 Employee benefrts When employees have rendered semce to the charity, short-lemi employee benefrts to which the employees are enlilied are recognised at the undiseounled amount expected to be paid in exchange for that serv¢ce. Ul Tax The charity is an exempl charity within the meaning of scheilule 3 of the chan1￿5 Act 2011 and is considered lo pass the lesls sel out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definilK)n of a charitable company for UK corporation tax putposes. Ikl Going concern The financk41 statements have been prepared on a going con¢em basis as the InJslees believe that no mater￿¢ uncertainties exist. The Irustees have considered the ￿Ve1 of funds held and the expeeled level of income and expenditure for 12 months from aulhorising these financial stalemenls. The budgeted income and expendtture is suff￿lent with the level of re5erve5 for the charity to be able to eonlinue as a going concem. 11} Pgnsions Contributions lo defined contribution plan5 are expensed in the period to wh￿h they relate. 2 Salarles and penslons The anafysis of the payroll costs is as follovts".- 2024 2023 Wages and salaries Social security Employei Penston Costs 734,927 60,374 40,141 835.442 778.707 64.269 39.967 882,943 15 POSITIVE YOUTH FOUNDATION Notes to the Accounts For The Perlod Ended 31st March 2024 2024 2023 Average number of employees 40 The number of employees whose gross remuneration fall wflhin the bands:. £80,000 10 £90,000 The trustees were neither remunerated nor paid any expenses. 2024 2023 3 Grants receivable Alan Higgs Charity-safeguarding Badminton England Cambridge UnNersty Press Centre for Youth Impact Cheshire Communty Founda1￿n-EmR Grnnt Children In Need- A Million & Me City of Culture Trust City and Guilds Coventry Building S¢xiety Coventry Cty Council- AMIF Funding Coventry Cty Council - BNOHK Family Leaming Coventry Cty Council- Go Park5 Coventry Cty Council - Go Foleshill Coventry Cty Couneil- HAF Prcgrammes Covenlry Cty Council- Local Delivery Pilot Coventry Cty Council- Structured Programme Coventry City Council- Supporting Ukranian YourvJ People Coventry Cty Coun¢il- Summer School Bc4)$1 Depl. For Levelling Up. Housing and Crynmunities Duke of Edinburgh's Award Garfiehj Weston Gen22 Groundwork- Building Better Opportunit*s Leo Burnett National Cilvzens SeThice National Express Foundat National Foundation for Youth Music National Lottery Community Fund- St Mtchaels Paul Hamlyn Foundation Paul H8mlyn Foundation (Parks & Youth Leadership} Sir John Egan Substance Ichanees) Swires charitab￿ Trust Think Active UHCW Charity Icaptain Tom Fund) Wesl MKllands CL¥nbined Authority- Active CornmunitEs West M¢dlands Combined Authority- Youlh Adwsory West Midlands Poliee & Crime Commissioner VRP Wesl Midlands Police & Crime Commissioner Counter NarratNe Wesl Midlands Police & Crime Commissioner-young People of Hillf￿h￿S Wesl Midlands Combined Authority (Stand 0￿> Wesl MKJlands Polu & Crime C¢)mmissioner Western Power Warwk University 13,602 5.200 6.000 6.000 55,768 19,823 46.971 60,000 65,156 146,160 137.651 12,525 108.877 72,899 3.440 60,603 63,968 64,627 60.114 140,196 3.132 89,364 10.014 60.832 32,000 32,000 24.900 26.183 38,537 991 26,183 10,206 2.275 20,000 95,024 243.207 632 983 40,951 3,600 56,616 98,661 24,7SO 40,0 25,000 59.750 27,500 14,981 8,250 12.500 59.750 7,500 9,989 12,429 5.000 50,0(K) 40.000 50,000 3.360 55,173 30,000 9.960 13,600 1.278,277 1.347.086 16 POSITIVE YOUTH FOUNDATION Noles to the Accounts For The Period Ended 31st March 2024 4 Direct Costs These are comprised of sports equipment. sportswear, refreshments. Iravelling expenses. mentoring and training costs incuryed on ihe various projects. 5 Tanglble fixed assets Office EqpL At 1$1 April 2023 Additions Al 31 March 2024 Accumulated depreciation Al 1st April 2023 Charge for the period Al 31 March 2024 Net bookvalue Al 31 Mareh 2024 Al 31 March 2023 &S.932 797 57.729 31,040 6.672 37.712 20.017 25.892 6 Debtors 2024 2023 Grants reeetvable Sundry deblots Prepayments 133.397 42.751 5.557 181,705 86,507 22.160 108,667 7 Creditows: amounts falllng due wlthin one year 2024 2023 Accrued expenses Income in Advance Sundry credito 8,11XI 150,093 12.986 171.179 7,500 163.343 9.406 180.249 8 Operating Lease5 Total future minimum lease payments (rentslservice ¢harge5) under nOn￿ncelIable operating leases are as follows:_ 2024 2023 Not later than one year Later than one and not L418r than fve yea 46.165 87.330 133,495 41,8 15.000 56.8&S 9 Contlngent Llabilities As far as the directors are aware there were no pending Wl activitses. guarantees, material damages or any contingent liabilities at the baLqn¢e sheet dates. 10 Post Balance Sheet Events There have been no events after 31st March 2024 wthich ￿11 have an effect on the financral slalemenls up lo 31st March 2024. 17 POSITIVE YOUTH FOUNDATION Notes to the Accounts For The Peri¢xl Ended 31st March 2024 2024 2023 11 Restricted Funds Alan Higg5 Charity Badminton England Cambridge Universty Press Centre for Youth Impact Cheshire Communty Foundatbon-EMR Grant City of Culture Trust City and Guilds Foundalron Coventry Building Society- NevAyArrwed Support Coventycty Council-AMIF Funding Coventry Cty Council - Supporting Ukrainian Young Peq Garfield Weston National Express Foundation National Foundation for Youth Musi Paul Hamlyn Foundation Swires Chafilabl8 Twst 1unresl￿ed grant) Think Active Wesl m￿landS Combined Aulhority- YoLrth Advisory Wesl Midlands Police & Crime Commissioner VRP Wesl Midlands Police & Crime Commissi)ner Counter N.. West MKllands Police and Crime CommissM)ner 4,106 1.519 2.470 6.￿0 42.055 17.6e6 48,389 49.658 6,718 6,837 53.204 1.350 5.000 3.600 3.447 731 12.$00 6.681 12,991 22,176 22.073 23.410 199.585 152,996 11 Analysis of net assets by fund Restrlct- ed Funds Unrest. ricted Funds Total Funds Tangible assets Deblors Cash al bank and in hand Less.. Creditors 17.408 22.571 113,017 2.609 159.134 878.*3 171.179 869.527 20.017 181,705 991,980 171,179 1,022,523 152.996 12 Purpose of Grants Alan E0￿lard Higgs Charty.. 2 x prc*Jwmes". 1) Funding to provKle a Looked After Children's mentoring scheme 2) Funding to maximise our Safeguarding offer by adding an active programme of safeguarding focussed activities Badminton England.- Grant lo sel up and support No Strings badminton sessions Cambridge UnNersty Press & Assessment.. Corporate d¢)nation to help supwt Positrve Future$ work cent￿ for Youth Impact.. DelNery partner for Mult￿Site Inals mentoring pracliee Cheshire Communty FoUnda￿n.. Buikling Brighter Futu￿ EMR Grant. Programme wll wot* with 2 e￿artY identifwl gioups of young people, both of have well-recogntsed ¢hallenge5 in their lives.. young asylum seeker5 and refvgees. and young people rK>t currentty engaged in slalulory education. BBC Children In Need.. A Millton & Me fuThJing to speerfulty support new￿ arrived refugee and asylum- seeking children & young peopk aged &13 in Coventry, Bimiingham & Leieesler who are faced with several heaRh inequalities and are eXpenencI￿ lower4evel mental health Pfobtems such as stress. anx￿. isolal*)n. ioneliness or depresston 18 POSITIVE YOUTH FOUNDATION Notes to the Accounts For The Perfod Ended 31st March 2024 City & Guilds Foundation.. Funding to SUPPCAt fte￿ arrived ￿Ung peop￿ aged 16-25 in Coventry by providing a boost to their English larwJuage, mentoring and xcess to on-line volunteering and learning support City of Culture.. Project funding and young pewle *acy commissitin5 Coventry Building Society.. 3 pro9rammes= 1) Pri￿lple partner donation for youth services 21 Funding to help with cost of living cllsis & prowde a winter youth club 3) Funding to support newly arrNed young people Coventry City Council- As￿￿M. Migration & Integration Fund.. Prtr3ramme supports integration aclwities for newly arrived young people aged between 8-22 C¢)ventry City Council - BNO HK Famity Learning: Funding lo deliver the 8fitish Nat￿nal Overseas IHong Kongl family leaming prcgramme Coventry Cty Council - HAF Programme.. Funding to deliver activities & foc*J programmes during sch￿1 holidays Coventry City Council - Go Foleshill-. Funding lo deliver activitses to inspire children and families lo live more active and healthy lrfestyle in Fothhil Coventry City Council - Go Parks.. FurKling to prcrfnote ways to te active in kxal pad(s from sport and physical actNty to wellbeing and cuttural elements Coventry Cty Council - HAF Programme.. Funding to delNer &tivities & food programmes during school holidays Coventry Cty Council Structured Programme: An initiatwe lo promote communty cohesion and integration of newty arrived young people Coventry City Council - SLtmmer Sehod Bwsl.. Funding lo deliver a programme designed to provide vital education81 support in a struclufed leaming enwronmenl for ne￿ arrived young people who have arrived Coventry City Council- Supporting Ukrainian Young People: Funding to provKle a structured programme Depl for Levelling Up, Housing & Communrties.. Reg￿nal VCSE HKBNO Grant - Awareness and welcome Duke of Edinburgh's Award.. Funding to run the DOFE programme Garfield Weston.. Contribubon ttrwards core cyeralional costs Groundwork - BBO Grant.. Funded by the European Social Fund and The National Lottery lo support young people furthest from the labour market in lo meaningful training and support opportunrties National Citizens Servtce.. Grant lo supwrt newly afrived young people in Coventry. The ¢)ffer will include a number of 5ervice5 and activities that have been carefulty designed to support refuyees and asylum seekers integrate. settle and thrive in their new communty Nat￿nal Express FOundat￿n.. Grant to support arrived young people in Coventry. The offer will include a number of 5ervi¢es and activities that have teen carefulty designed lo support refugees and asylum seekers integrate, seltle and thrive in their ne4V ccrfnmunty National FoUndat￿n for Youth Music= A 3 year prc*Jramme wh￿h will allow us to provide high quality muS￿- making opportuntb.es for young people across Coventry National Lottery Communty Fund - St M￿hael$.. Delivery of heatth-based interventions in two of the rteighbourhoods in the ctty with the highest hea￿h inequalrties. Paul Hamtyn Foundat￿n. 2 x prc#Jrammes: 1) Fund1￿ recewed lo support organisalion stabilty 21 Funding lo deliver regular eulturavcreative actNity for young peop￿ across Covenlry's parks and green spaces and delivery of a Youth Leadershp Pro9ramme for 11>15 young people aged 18-25 19 POSITIVE YOUTH FOUNDATION Notes to the Accounts For The Period Ended 31st March 2024 Sir John Egan.. A philanthrop￿ donatw by our Patron which enable5 US to deliver a bespoke Functional Skills programme for ￿arnerS identified as being svJnifJcanlty al risk of exclusion or lacking a posrtive destination in relalton to further educ*ion. training or emph)yment Subslance Ltd.. Funding lo tte￿ youn9 people xhiemp positNe outcomes including improvin9 physieal litefacy, improwng attendarKe al school and reongaging back into Education. Employment or Training sy￿res Charilable Trust.. A eontribution IV￿rdS core operational costs over 3 years Think AetNe'. Funding to supF4)rt open *cess Saturday moming footb811 sessions Wesl Midlafids Combined Authority. Funding to supwrt the continued development and groyrth of the Young Combined Authority IYCA) programme Wesl Midlands Police & Crime Commi%sKJner 3 x PlC#Jrammes-. 11 Creation & recruilmenl of the VRP'S youth advisory board who wll support the c0-prchyuctK￿ of appropriate VRP interventions & provision by utilising the ¢featNJn of sub-groups across eaeh regKJnal area. fomiing one regional group of young people (aged 14-181 as representatives 21 Devebp a counter-narralsve to Vk)Ien￿ caMPa￿n led by young people living in the West MidLands linking in closety ￿￿th existing youth voice work across the ￿gion 31 Funding lo develop and delNer a Molence preventr.on and c(Mnmunity safety education prcgramme in HI1￿￿ld$ 13 Related Party Tfansactlons There are no related paty IransYtN)ns during the Fel￿(2023- nil}. 20 posrThvE YoirrH FOUNDATION djaritsble com Report and Accounts 31st March 2024 Charity Number." 1145284 Company Number.. 7613299 POSITIVE YOUTH FOUNDATION Financial Statements Year Ended 31st March 2024 Contents Page Company Infomiation Directors, Annual Report Auditors Report &10 Statement of Financial Activities 11 Balance Sheet 12 Cashflow statement 13 Notes to the Financial Statements 14-20 POSITIVE YOUTH FOUNDATION Company Infonnation Directors MR VINCENT MAYNE MR ANDREW JACK MS AMY FOSTER MR CORY MICHAEL LEE BARRE MR CARL BINNS MR JOHN KIELY Company CEO and Secretary MR RASHID BHAYAT Auditors CRYSTAL BUSINESS SERVICES LTD Chartered AccounlantslRegistered Auditor 264 STONEY STANTON ROAD COVENTRY CV14FP Bankers THE CO-OPERATIVE BANK - cOVE￿rRy SHAWBROOK BANK- BRENTWOOD Registered Office THE TECHNO CENTRE COVENTRY UNIVERSITY TECHNOLOGY PARK PUMA WAY COVENTRY CV12rr Reglstered Numbers Charty: 1145284 Company . 7613299 POSITIVE YOUTH FOUNDAMON Cornpany Reglstered number: Charity Registered number: Directors. Report 7613299 1145284 The directors present their annual rewrt and financial statements Covering the year to 31st March 2024. The directors have adopted the. provision of the Statement of Recommended Practice ISORPI Accounting and Reporting by Charities, (FRS 102) in preparing the annual report and financial statements of the Charity. Name, Reglsterfjd offic& and Constllutlon of The Company The full name of the company is PositNe Youth FoundalKJn. The cc¥rtpany was regtstered in England on 21st April 2011. The company i8 a charitable organisalion wrth no share c8Pftal and limrted by guarantee. The companls registered office is situated al The Techno Centre. Coventry Universty Technology Park, Puma Way, Coventry. ErKJland. CV12￿. Objectiveslgeneral activities The organisalion's principal objectives are.. The Posttive Youth Foundabon IPYF) is a registered charty based in Coventry Ihal SLTrPPOrts young people aged &25. Through our work we aim to ratse the aspirations and lrfe chances of those in difficurt circumstances through iwo main areas of work.. Intensive frontline semces through prcgrammes that support education. employment and training. healthy lifeSt￿eS. arts and culture. srtial action and the integration of young migrants,. and, • Strateg￿ support lo policy leads, commrssioners. funders and agencies across the youth work sector. We are well Connected lo local. reg￿nal and nationa youth work organi￿li0nS and regular onlribule to the shaping of youth policy. Further infomlalion abjut our work B avaiL8ble on ourwebsite: whw.posrtiveyoulhfoundation.org. The organis81ion's objeclNes are specifvlty restricted to the folltr+ving'. lal lo promote social inclusion for the publ￿ benefft by workFng wrth members of communities. primaftly bul not excluswety. in the Midlands. including but not limited lo Coventry who are socially excluded on as a resurt of being a member of a sccially and economically deprived eomrnunty to relieve the needs of such people and assist them lo integrate into soC￿ty, in particufar by providing netsvork group that enabk and encourages members of eommunilies primarity bul not exclusivety. in the Midlands, inelyding bul not limrted to Coventry lo partieipale more effectively in their community using cultural programmes including, but not limited lo. art and music, educational antj sporting programmes as a means of getting people lo take part in joint activty, in partieular among s¢xially or economically disadvantaged communitw provtding worksfv)ps. advocacy mentoring and support. Ibl to advan￿ in lrfe and relieve needs of young people through". {il the provision of ￿tre*lOnal and ￿lsure time activ￿e5 Prov￿￿1 in the inlerest of social weKare. desrgned lo improve Iheii ￿ndit￿Trs of lrfe- lill providing stjpport and activities wh￿h develcy Ih*r skills, capacibes and capabililre5 to enable them to participate in society as mature and responsible irKlwidu81s. {cl the advancement of education. including physical education. Idl lo provide or assist in the provision of facilit￿ in the interests of social welfare for ￿reatiOn or other leisure time ¢xcupalion of indivrduals who have need of such facilities by reason of their youth, age infimiity or disabilty. financial hardship or s￿￿91 circumstan￿$ Mlh the object of improving their cond¢tions of lrfe. {e} lo advance the educabon of the publ￿ in general W￿lUdIng. but not limrted to, those involved in charitable youth by. POSITIVE YOUTH FOUNDATION Company Registered number: Charity Reglstered number . Directors. Report i.Providing and promotin9 training and professhywl development services to those invofved in charitable youth work; ii. Promoting the positive S￿la1 value of youth I￿rk and its effects on social mobilty.. iii. Representing the views of young people and youth workers and" iv.Educaling and supporting the public and prNate eofporale organisali?ns about the role and value of th work in relat￿￿ to SLxial and economic p￿icY. 7613299 1145284 Publlc Benefrt The directors believe that the organisab.on satisf￿$ the requirements of section 17 of the Chari(ies Ael 2011 iegarding public benefrt because the genefal community benefrts from Ihe organisalion's aclmties. The principal actmties ol the organisation which are set OLrt in the Articfes of Association include: Promotion of sccial inclusion for the public beneffil by w0￿1ng with members of communities, who are sockilly or economicalty deprwed. Provi5ton of education. wreatK)nal and ￿lsu￿ time activths. and general assistance to youn9 disadvantaged persons. Management Structure The direclorsltruslees of the organisation for the period from 1st Apftl 2023 to the date of this report a￿..- Mr Vincent Mayne Mr Andrew Jack Ms Amy Foster Mr Cory Michael Lee Barrett Mr Carl Binns Mr John Kie The day-to-day ¢3perations of the organi8atN)n has teen entnjsled to ch￿ E￿ut￿e Officer Mr R Bhayat. who is assisted by three senior managers. alongside a team of Programme Leads and youth wor1(ers. As per the organisalion's ¢onstrtution the direclots a￿ not remunerated. The direclors meet regulaity to discuss the organisalion's operat￿n5. The appointment of any new directors need the approval of the directors and onty those persons who are appropriately skilled and fully supportive of the organisation's circumstsnces woukl be conswjered. The Positive Youth Foundation is supported by a Youth Advisory Board made up of kxal young people and a Board of Trustees. The board consists of inftuenlial indmduals, including business kaders wilh a sound working knO%￿edge of the charrtable and communty sectors. PYT is made up of local young people using their voices to th￿ale for change and support our organisalion behind the scenes. Young Peop￿ are granted autonomy to plan and manage large aspects of our National Lottery-funded communty engagement programme. demonstrating leadership and iniliatNe. PYT members are consurted before we start any new sessions within our Positive Futures programme as well as other areas of work. The group have a regular slot at Board Meetings to meet with Trustees. The oig8nisatwJn also use the service5 of approximatety fourty volunteers whose role is to support the delivery of front line youth Serv￿eS. Trustees Tralnlng and Development." Directors (Trusleesl are Offe￿ relevant trwning opportunities vthich will enable them lo make effective choices. Thanks lo prewous SUPFQrt from a regional development programme, we launehed a Trustee Reerurtmenl Pack which seeks to *tract new trustees to further enhance the board skills and attributes to match the gr0￿h ol the charrty. Thts LS SUPPOrted at a Govemance level with guidance produced by our HR consultant wh￿h outlines key legal resFonsiblities for Trustee5. POSITIVE YOUTH FOUNDATION Company Reglstered number: Charity Registered number: Directors. Report 7613299 1146284 Kgy Achievements- 2023124: Trnnds and Challenges . Akogelher 2,086 young people look part in one or mole of the 3.368 sessions we ran in 2023-24. Young people and adutts continue lo a￿esS 8 wide variety of healthy &livilies within their communities. most notably through our place-based work. . Providing safe spaces for young people lo ￿m. eat and play remains at the heart of our delivery, in part￿ular from our youth hub base. The ongoing conflicts around the world continue to require us lo support young people and families as refugeeslasWum seeking. . We have seen yet another increase in referrals from Coventy Cty Council'5 Early Help team and others as well as the start of a project supporting looked-after young people. . We continue lo ieceive hvjh ￿ver$ of safeguarding concems. which we woth closety wlh statutory partners lo support young people wrth. AmKlst a backdrop of funding cuts and in5e¢urity wthin the sector. reimagining the role of 'Yo￿h work, as a viable tool lo challenge Soc￿tal challenges has once again been al the forefront of Oljr advocacy work. 1.Raising Aspiratiofts Programme Many of the young people we supwrt face challenging circumstsnces. often linked lo difficurt home live5, kjw famity income5 or uncertain legal status in the UK. Some have mental or physical health challenges. Our work aims lo build young pe￿Ie'S seif-confmlence, help them make friends and build trusted adult relationships with youth wotkers. This becomes a foundation for other things educatvJn, finding employmenl or the motNation lo think more pos11Ne￿ about the future. improving in 2.Positlve Futures Community Programm• We look part in 8 2-year piogramme funded by the Youth Endowment Fund IYEF} which tested the feasibilty of rijnning research trials in murtiple sites. This approach, wh￿h YEF described as 'ground. breaking., allowed smaller eommunty-based organisal*)ns lo lake part in a randomised conlfol thal assessing Ihe impacl of mentoring on participants. 3. Involved A hHJhlight project was College Bcost.. supportiThJ young refugees and asylum seekers into college Funded by the City & Guilds Foundation, College Boost aims lo support young refugees and asylum seekers lo improve their English language skills and leam more atK)ul lrfe in the UK. Participants include refugees arriving under the Syrian and Afghan UK government resettlement schemes, and unaccompanied asylum-seekin9 children (UASCI und81 18 who are looked after by the local aulhorty and foster parents. We provided three levels of ESOL {PTeentry, Level 1&2. and GSCEI for 60 young people, as well as individual help wtth college applulions. In addrtion, we created a small group to help nevAy arrived young women with apPl￿tionS for unNersty, volunteenng or employynenl. 4. Changing Trax This was another incredible year for our Changing Trax team. supporbng young artists through our musi¢ studio and provKling them wrth real opportunrties to perfom, record and launch their own music as well as develop their business skills as independent artists. As part of this, we c¢>ordinated an independent stage for young people al Covenlry's 24ay G¢)diva Festival. We secured funding from the Arts Council for fvrther trainin9 and support for young artist development, and from the Ne￿ for Social Change to support spoken word artists, including neYAy POSITIVE YOUTH FOUNDATION Company Registered number: Charity Registered number . DireGtors' Report 7613299 1145284 5. Healthy Futures Our partnership with Coventry Building Society has allowed us to defiver an open access youth club twice a week fiom H11tf￿kIS Young People's Centre. We also offer MUS￿ studio access, quieter spaces for homework and informal English language SUPFOrt, as well as serving hot food. In 2023-24 our cooking leam {including young volunteeis) serveil over 9,000 meals, including for young people to take home lo their families. Young people say how much they enjoy participating in youth club, how it can help them to rebx and spend lime with friends in a safe. welccYning pl&e. 6. PYF Connect Whilst the youth work sector slnjggles to attract relevant resources, we have been active Ihfough this 51rand lo attraet resources lo be able to support the kxal and regional youth work sector to strive. We have recewed funds lo work alongside smaller organisalions. helping them lo build capacty and resoLFrce, which in tums gives more young Peop￿ the opportunty lo engage and thrive. Summary This has been another busy year offering an incredible range of xtivities for young pecwle across Coventry and the surroundirrfJ area. All of them relale lo our strategic aims and we have slruclured this report lo rdect thts. Credit goes to our amazing funders. vofunleers and staff team - their commitfflenl, dedication and innovation has had a bHJ impxt on young peeole and makes PYF the friendty and supportive place it is. Further detsils of the impact of our work can be found within our Annual Impact Report which is published on our websrte - V*WW.posiltveyouthfoundation.org - here you will find details of engagement levels of participants, e85e studies of young Peop￿ and communrties who attend our provision as well as further details of our funders and supporters. wFU￿Lrt wh￿n we would not be able lo support the young people in the ￿￿Y that we do. The year was also boosted by us having a promvwil role al events such as Salesfofee World Toui and also high profile regional commi$sbY￿ for Youth Voice prqects. Despite the challenges to our sector and the VCSE sector more broadty. the financial profile of PYF continues to healthy. with a pipdine of grants and awards [ele￿ant lo delivery. To ensure that we provide a clear public benefft. have set our organi5alional values.. - To be transparent in our operations - To have young wple at the cenlre of all that we do - To Ireal all of our stakehoklers wrth respecl and dvJnity - To have a workforce that reflects and responds to the needs of our tsrgel groups - To have an effective and responsible board of trustees and associates - To a￿VaYS behave in the interests of the young people and the wder Charitab￿ objecttves of our organisalion. Human Rosources We have continued to develop our HR responsibilities through training and development opportunities for staff. as well as recruiting to new Toles vAlhin the organisalion. Our Wellbeing Team continue to support the organisalK)n ￿￿th inrtiatives and SUPFX)rt to ensure we are fft for purpose and as healthy as can be. POSITIVE YOUTH FOUNDATION Company Registered number: Charity Registered number . Directors, Report 7613299 1145284 Unrestrlcted and undesignated funds." This is income genetaled by the organisalK)n wh￿h can be spent on an￿hing lo further the work of Positive Youth Foundation. As a relatively young charity, we are aware of the ￿Ve1 of caution we musl exercise in planning for the sustainabilty of the organisat￿n. The funds have been profiled to reflect significant risks anticipated. in parbcular in relatDn to C￿ salaries asscKialed wlh the f￿￿tiOnIng of the organisalion. The Board plans for the lèvel of unrestitted fuThJs to be equivalent to 6-12 months of revenue expenditure of the preV￿u$ financial year. This 15 in line with Charity Commission guidelines and gives us the confhdence required lo maintain a healthy forecast of viabilty. The charrtls unrestricted reserves as of year-end give the t¥Jard confplence of our short to medium-temi suslainabilty. Restrieted funds: This rekles lo unspent money from rests￿ed grants and contracts. The funder or donor ha5 speCif￿d what the money musl be spent on and the Board do not have the power lo spend the money on anything else. These include all contr￿l￿al and grant related obligations. The charitys restri¢te(I reserves at 31st March 2024 are £152.￿ {2023- £199.585). Grant-making and Investment Policies The organisation dxl not award any grants during the year. The cOMpan￿S onty investment was the short-temi deposit accounts. Prof8sslonal Servlees During the year, the company utilised the semees from the fol￿ryng.." Bankers - The C(wperalNe Bank. Coventry Shawbr¢x)k Bank , 8renfv￿Od Accountsnts- Crystal Business Servvs Limited. Chartered Acctyjntanls. Coventry Principal risks The principal risks that the organisat￿n faces and the miiigation actions are as follows :. Sustainabil- There is an ever-shrtting landscape of youth policy. We maintain a cbse eye on our sustsinabilty through mapping our partnership5 and ne￿AlIk$ in whrh we operate. We recogntse the importance of keeping Ihe chartys profije at an almime h*3h. Human ReSoU￿eS We have continued to develop our HR responsibilities through training and development opportunities for staff, as well as recrurting to new ro￿ wlhin the Organisat￿n. We have also continued lo resource Ihe Wellbeing Team within the organisation to ensure that our staff have access lo support within and outside of work where rekvant and appropriale. Pro We have entered in lo an ongoing short-temi lease with the l¢xal authority for our delNery base. we recognise that this ￿ risky and seek to address this through the purchase of suitabk premises as swn a5 a viable option becomes availabk. We continue lo maintain or kase al our HQ. wh￿h gives us a solid foundation to manage the core of the business. POSITIVE YOUTH FOUNDATION Company Reglstered number: Charity Registered number: DireGtors' Report 7613299 1145284 Demand For SeThAces The demand for our serv￿e$ outstrips what we can current￿ offer therefore we continue lo seek new resources lo meet the needs of young people. Being in a posi(ion whereby we can advocate on behall of young peop￿ is essential for us as we also seek to shift p)licy decisions as well as directly deliver lo young peopte. Directors. Responsibllities The directorsltnjslees are responsible for preparrng the Directors, Report and the financial statements in a￿ordanCe with applicable law and reguLglion5. Company law Tequires the directors to prepafe financial statement$ for each financial year_ Under that law, the directors have elected to prepare the financial statements in accordance with Unrted Kingdom Generally Accepted Accounting Practice {United Kingdom Accounting Standards and applicable iawl. Under company law the directors musl not approve the financial slalemenls Un￿SS they are satisfied that they give a true and fair view of the state of affairs of the company and of the nel in¢￿Ing In preparing these financial sLitemenls. the directors are required lo= - select suitable accounting policies and then apply them consistentty- - make judgments and estimates that are reasoftab￿ and prudent. prepare the financial staiemenls on the going concem basis unless it is inappropriate to presume that the company will ¢ontinue in business. The directors are ￿SPonsible for keeping adequate accounting records Ihal are sufficient lo sh¢)w and explain the company's transacti¢￿S and disclose with feasonabte accuracy al any lime the financial position of the company and enab￿ them lo ensure that the financial slalemenls comply with the Companies Act 20C6. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for ￿ prevention and detection of fraud and other irregularities. Statement of disclosure of information to auditors The directors of the company who hekj offtce al the date of approval of this difeclors. rep)rt confimi.. that.. - as far as they are aware, there is no rekvanl audit infomiation needed by the audrtors in eonnection with preparing their rerhjrt of which the auditors a￿ unaware.. and they have taken all the steps thal they ought to have taken as a (lirector in order lo make themselves awaie of any relevant audrt infomiation and lo establish that the compan￿$ auditors are aware of that infomiatKJn. This report has been prepared tsking aJvant&3e of the small cixnpanies exemption in the Companies Act 2006 This report was approved by the board lo h September 2024. MR ANDREW JACK (Chairperson). MR VINCENT MAYNE (Trustee) POSITIVE YOUTH FOUNDATION Company Registered number: 7613299 Charity Reglstered number . 1145284 Independent Auditors Report to the Directorsrrrustees Opinion We have audited the financial slalements of Positive Youth Foundabon for the year ended 31st March 2024 which comprise the Slalement of Financial Aclivities.Balance Sheet. Cash Flow Statement and notes lo the financial statements. including significant accounling policies. The financial reporting framework that has been applied in their preparation is applrcable law and United Kingdom Accounting Standards. including Financial Reporting Standard 102 The Financial Reporting Standard appltcable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial slalemenls.. ' give a true and fair view of the state of the charrtable ￿mpanY'S affairs as al 31 sl March 2024, and of its incoming resources and applicalti)n of resouices, ineluding rts income and expenditure. for the year then ended-, . have been pr¢¥erly prepared in accordance ￿th United Kingdom Generally Accepted Accounting . have been prepared in accordance wrth the requirements of the Companies Act 2006. Basls for oplnion We conducted our audit in ￿T￿ance with Intemational Standards on Audrting (UK) (ISAS IUKI) and applicab￿ L3w. Our ￿sPONSIbl1itieS under those standards are further deseribed in the audTtor iesponsibililies for the audit of the financk41 statements sectK)n of our rewrt. We are independent of the charitable e¢Jmpany in accordance wrth the ethul requirements Ihal are relevant lo our audit of the financial stslements in the UK. including the FRC'S Ethical Standard. and we have fulfilled our olhei ethical responsibilitvés in aC￿rdanCe wlh these requirements. We believe that the audit eviden￿ we have obtained SLrfflc￿nt and approprth lo prowde a basis for our opinion. Conclusions relatlng to going concern In auditing the financial statements. we have concluded that the trustees, use of the going concem basis of accounting in the preparation of the financial statements 15 appropriate. Based on the work we have performed. we have not identified any material uncertarnties relating to events or conditions that, individualty or colleclivety. may cast significant doubt on the charitable compan￿8 abilty lo eonlinue as a going Con￿rn for a perh￿1 of al least tWe￿e months from when the financial slatemenls are authofised for issue. Our responsibilities and the responsibilitie5 of Ihetrnstees wilh respect to going ¢oncem are described in the relevant sectb)ns of thi% report. Other inforniation The other infomiation comprises the InfO￿allOn included in the trustees annual report, other than the financial statements and our auditor's feport thereon. The trustees are responsible for the other information ¢ontsined within the annual report. Our cpIn￿n on the financial statements does not over the other infomialion and. except to the extent othewse explicrtty staled in our report, we do rtol express any fonn ol assurance conclusion thereon. Our responsibility is lo ￿ad the other infomiation and. in doing so. consider whether the other information is materially in￿nsIstent with the fin8nc431 statements or our knowkdge obtained in the coursg of the audr( or olherwse appears lo be matefialty mi5slaled. If we identfy such material inconsisleneies Of apparent material misstatements, we are required lo delemine whether this gives rise lo a material misstslemenl in the financial slalemenls Ihemsefves. If, based on the work we have perfomed, we conclude that there i% a malerel misstatement of this other infomalion. we are required lo report that fact. We have nothing to report in this ￿ard. POSITIVE YOUTH FOUNDATION Company Reglstered number: 7613299 Charity Registered number ". 1145284 Independent Auditorfs Report to the Dlrectotsrrrustees Matters on which we are requtred to report by excèptlon We have nothing to report in respect of the followng matters in relation to which the Charities (Accounts and Reports) RegulatKJns 2008 require us to rewrt to you rf, in our opinton.. • the infomali¢)n given in the financ￿1 statements ineonsistenl in any material res￿1 with the trustees. ￿port,. or 4 the charitable company has not kept adequate accounting records.. or the financial slalemenls are not in agreement with the aeeounling records and return5,' or we have not received all the information and explanaiions we require for our audit. Responslbilities of trustees As expjained more fully in Ihe trustees. responsibifrtvés statement set out on page 7, the Iruslees Iwho ale also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial stslemenls and for being satisf￿d that they give o true and fair view, and for such internal conliol as Ihe InTrstees delemiine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due lo fraud or error. In preparing the financial staternenls. the trustees are responsible for assessing the charitable company's abilty lo Continue as a going eoncem. disclosing. as applicable, matters related lo going concern and using the going coneem basis of accounting un￿sS the Irustees either intend to liqurdale the charitablo ccfflpany or lo cease operations, or have no realistic alternative bul lo do so. Audttor responsibilities for the audit of the Ilnancial statements We have been appointed as auditor under section 144 of the Charibe5 Act 2011 and report in accordance wth reaulations made under sectKJn 154 of that Act. Our objectives are to obtain ￿asonable assurance about whether the financial statements as a whole are free from material mtsstatement. whether due lo fraud or error, and to issue an audrtorfs report that includes our ¢)pinion. Reasonable assurance is a high ￿e1 of assurance, bul is not a guarantee that an audit conducted in accordance ￿th ISAS (UK) will a￿￿y$ deteel a material misslalemenl when il exists. Mi5slalements ean aiise from fraud or error and are considered material rf. individualty or in the ag9￿ale, they could reasonabty be expected lo influerKe the economic decisions of users taken on the basis of these financial statements. IrregularTties. including fraud, are instan￿$ of non-compliance with Lqws and regulations. We design procedures in line with our responsibilities, outlined above. to delect material misstatements in respect of irregularities. including fraud. Because of the inherent limitalwjns of an audit. the￿ is a risk Ihal we will not delect all irregLTrlarilies, including those leading lo a material misslalemenl in the finarKial slalemenls or non-compliance with regulation. Thts risk increases Ihe more that compliance wth a or regutatton is removed from the events and transactions reflected in the finan¢BI stslements, as we will be less likety lo become aware of instances of non-eompliance. The risk is also greater regarding irregularities occurring due lo fraud rather than error. as fraud invofves Intention￿ concealment, forgery. collusion, omission or misrepresenlalion. As part of an audit in a￿OrdanCe with ISAS (UK). v* exefcise professional judgment and maintain professional scepticism throughout the audii. We also= POSITIVE YOUTH FOUNDATION Company Registered number: 7613299 Charity Reglstered number . 1145284 Independent Audltorfs Report to Ihe Directotsrrrvstees . Identfy and assess the risks of material mi5slatemenl of the fina￿la1 sLitements. lthether due lo fraud or error. design and perfom audit pr￿ed￿re$ responsive to those risks, and obtain audit evidence ihal is slrfF￿ient and appropriate to provide a basis for our opinion. The risk of not detecting material misslalemenl resulting from fraud is higher than for one resutting from error, as fraud may involve collusion, foigery, intentional omissrons. misrepresentalrons. or the ¢)verride of inlemal control. Obtain an understanding of inlemal control refevanl lo the audrt in order lo design audit procedures that are appropriate in the Circumstan￿S. but rbot for the purpose of expressing an ¢)pinion on the effeeliveness of the charitable company's intemal control. . Evaluate the approprkaleness of accounling polic*s used arKJ the reasonableness of accounting eslimales and related disclosures made by the Irustees. Conclude on the appropriateness of the trustees, use of the going eoncem basts of accounting and, based on the audit evrdence obtained. whether a m*erial uncertainty exists related lo events or conditions that may cast significant doubl on the charrtable company's ability to continue as a going oncern. If we conclude that a material uncertainty exists. we are required to draw attention in our audilorfs report lo the rekled disclosures in the financial slalements or. Ff such disclosures are inadequate. to modfy tyjr opin•)n. Our conclusrons are based on the audrt evidence oblained up lo the dale of our auditols report. However, future events or condrtitins may cause the charitable company to cease to continue as a going concem. . Evaluate the overall presentth"on. structure and content of the financial statements. including the disclosures. and whether the financial stslemenls represent the undetying transactions and events in a manner that 8chieve5 fair presentation lie. gives a true and fair vwl. Use of our report This report is made solety to the charrtable company's Injslees. as a body. in acwrdan¢e with Part 4 of the Charities (Accounts and Reports) Regulat￿n$ 2008. Our audit work ha5 been undertaken so that we might stale lo the charitable company's members those matters we are required to slate to them in an auditor's report and for no other purpose. To the fullest extent parmitted by law. we do not accept or assume responsibilty to anyone other than the charitable company and the charitable mpan¥s InJslees as a body. for our audit forthis ￿pOrt. or for the opinions we have fomed. MR AKBAR DEDA T(SeniiV SlaluloryAud Forand on behallof.. CR YSTAL BUSINESS SERVICES L TD Chartered AccountantslRegisteredAudtifor 264, Sloney Sl8nlon Road. Coventry. CVI 4FP. Crystal Business ServK&s Ltd. is elvible Io *YI as an auditor in lem?s of sect￿n 7212 of Ihe CoMpan￿S Act 2LXI6. 19th September 2024 10 POSITIVE YOUTH FOUNDATION Statement Of Flnanclal Activities (Income and Expenditure Account) for the year ended 31st March 2024 Notes Restricted Unrgst- cted 2024 2023 INCOMING RESOURCE Supply of services Grants receNable Donat￿n$ Less.. Ttansfer to caprtal grants 82,712 151.355 47.366 82,712 1,347,085 47,366 1.195,730 46.937 1,278,277 7.737 3.766 281.433 1.477.163 1,329,185 1.195,730 Investment Income- Interest eamed Miscellaneous Income 6,863 6.863 700 3,000 1.484,026 1.332,885 1.195,730 288,296 RE OURCES EXPENDED Cost of Charitable A¢tivlties Direct cos15 Salaries and pens￿5 430,153 728.155 1.158.308 {72,418} 107.286 34.868 357.735 835.441 1,193.176 304.896 882.943 1.187,839 Adminlstratlon expenses Staff training and ￿mpl￿nCe costs Telephone and inlemet Postage, stationery. advertising IT so￿are and consumables Bank charges Rent Rates Electricity Repairs and maintenance Servi¢e charges Cleaning Subs¢riplionlac¢redit8tions Insurance Consultancy fees Sundry Depreciation Credits against depreciation 2.384 2,697 6,128 6,137 2.552 8.224 8,S21 5.249 14.352 805 407 30,614 5,9S7 3.739 361 11,282 9,502 2.215 8,511 40.359 6.911 6,672 5.802 149.665 2.959 5,394 11,853 1,227 481 30.614 407 7,970 5.967 3,739 361 11,282 9,502 2.215 8.311 39.935 6,812 6.672 5.802 129.763 3.%8 -873 13,039 7,643 4.096 6,170 39,373 11.701 8.631 7.737 138.539 200 424 99 Govemanco costs Professional chafges { inc.audit lees-£2,880} 19.902 8.1 8.100 7,500 19.902 137.863 157,765 146.039 Total resources oxpended NET INCOMING RESOURCES 1.178.210 172,731 1.350,941 1,333,878 17,520 115. 133.085 {9331 Fund Balances at 1st April 2023 Transfers between reserves Fund Balances at 31st March 2024 199.585 64,109 152.996 672.444 64.109 852,118 872.029 873,022 1.005.114 872.089 All of the &livilies a￿ continuiThJ actwities. POSITIVE YOUTH FOUNDATION Balance Sheet as at 31 March 2024 Notes 2024 2023 Flxed assets Tangibje assets 20.017 25.892 Current assets Debtors Cash at bank and in hand 181.705 991.980 1.173.685 108,667 940,929 1.049.596 CreditOf5: amounts falllng due wlthin one year 1171.1791 {180.249) Nèt current ossets 1,¢X12.506 869,347 Net assets 1,022.523 895,239 Funds Restricted funds Capital grants Unrestricted funds 11 152.996 17.408 852.119 199.585 23,210 672,444 1.022,523 895,239 The financial ststements on p4es 11 to 20 were approved and aulhorised for issue by the directors on 19th September 2024. MR ANDREW JACK {Chatfperson) IAR VINCENT MAYNEITwstee) 12 POSITIVE YOUTH FOUNDATION Cash Flow Ststement - Year Ended 31st March 2024 2024 2023 Cash Flows From O ratin Activities Nel Incoming Resources lexc. interest eamed) Depreciation Credrts against depreciation Investment Income linterestl Movements in Debtors Movements in Cfedrtors 126,223 6,672 (5.8021 6,863 (73.038) 9.070 51.848 {1,693) 8.631 (7,737) 700 I35.6￿) 163.875 128.086 Cash Flovts From Investin Purchase of Fixed Assets Capital grants received Changes in Cashlcash equivalents Activiti (7971 {3.7661 3.766 128,086 51,051 Cashl Cash equwalents Al 1st April 2023 940,929 812,843 Cashl Cash oqulvalènts At 31st March 2024 991.980 940.929 Anal sls of Cashlcash E Current Bank Account Depo$il Bank Accounts uivalents 79.3C6 912.674 991.980 160.117 780,812 940.929 13 POSITIVE YOUTH FOUNDATION Notes to the Accounts For The Period Ended 31st March 2024 1. Summary of significant accountlng policies (a) General infomiation and basts of preparation Positive Youth Foundation is a charitable company regi8lered in England and limrte(I by guarantee. The naluie of the organisation's ¢)perations and piincipal activities are set out in the directors. report. The ganisation's registered offKe is situated at The Techno Cenlre. Coventry UnNersty Technol¢)gy Park, Puma Way, Coventry, England, CV12TT The charity constitutes a public benefft enlty as defined by FRS 102. The financial 5L*ements have been prepared in accordance wrth the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 102), the Charities Act 2011, SORP 2019 and Ihe Companies Act 2006. The financial statements have teen prepared lo gNe a 'lrue and fairf view and have not departed from the Chafilies IAccounls and Reports) ReguLalions 2008 in order lo provide a 'lrue and fair vieyl. The financial slatemenls are prepared on a going concem basts (i.e. there are no material uneertainliesl LFnder the hisl(xical cost COnvent￿n, mchjrfied lo include certain rtems al fair value. The financial $lalemenls are presenled in sterling wthi¢h is the functK*nal currency of the tharity. The sKJnifunl xcounling polic*s aP￿led in the preparation of these financial slatemenis are set out below. These poli¢ies have been Consistent￿ applied to al years presented unless othe￿iSe staled. Ibl Funds Unrestricted fund5 are available for use at the discret￿n of the trustees in fUrthefan￿ of the general objeclivgs of the charity and whKh have been designated for other purposes. Designated funds comprise unrestrthd funds that have been set aside by the trustees for particular purposes. The aim and use of each deswJnated fund is sel out in the notes to the financial slalemenls. Reslri¢ted funds are funds lo be used in accordance with specific reslrictv)ns and conditions imposed by provrders of such funds or funds whi¢h have been receNed by the charrty for a particular purpose. The aim an¢J use of each reslricled fund i% set out in the notes lo Ihe financial slalemenls. Grants received for the purchase of fixed assels (Capital Grnnts) are being written off in line with the depreci811)n rates of Ihe related fixed assets. {c) Income recognition All incoming resources are included in the Statement of Financial Aetivities ISOFAI when the charity is ally entitled lo the inccme after any perfomiance condtiions have been mel, the amounl can be measured feliably and ti 1$ probable that the income will te receNed. No amount is included in the financial statements for volunteer time in line with the SORP {FRS 102). Further detail is given in the Trustees. Annual Re￿)rL Idl Expenditure recognition All expenditure is aceounled for on an accruals basis and has been claSSrf￿ under headings that aggregate all eosls relale(I lo the category. Expendrture is recognised where there is a legal 01 conslruclive obligation lo make payments lo Ihir¢J partEs, it is probabje that the settlement will be required and the amount of the oblwation can be measured reliabty. It is olegorised under the folthw.ng hea(lings'. Expenditure on charitable actNities. and other expenditure ￿P￿SentS those items nol falling into the categories above. Irrecoverable VAT is charged as an expense against the &tMty forwh￿h expenditufe arose. 14 POSITIVE YOUTH FOUNDATION Notes to the Accounts For The Period Ended 31st March 2024 lel Tangible fixed assets Tangible fixed assets are slated at cost (or deemed costl less accumulated deprecialfv)n and accumulated impairrnent tosses. Cost includes costs diredty attn"butable lo making the asset capable of operating as intended. Depreciation is wovided on all tangible fixed assets. al rates calcuEated to wrtie off the cost. less estimated residual value. of each asset on a syBtemali¢ basis over its expecled useful lrfe as follows" Offi¢e fumiiure and equipment- 25% r•Ju¢iThJ balance lfj Investments Current asset investments are short temi highty liquid investments and are held at fair value. These inelude cash on deposrt and cash equivalents wrth a matutty of less than one year. Igl Dgbtors and creditOf5 receivable I payable within one year Debtors and creditors wtth no slated interest rate and receivable or payable within one year are rewrded at transaction price. Any losses artsing frcth impaimient are recognised in expenditure. {hl Provisions Provisions are recognised when the charty has an obligation 81 the balance sheet dale as a resuk of a past event. it is probable that an oufficwé of economic benefrts wll be required in settlemenl and the amount can be reliably eslimaled. {11 Employee benefrts When employees have rendered semce to the charity, short-lemi employee benefrts to which the employees are enlilied are recognised at the undiseounled amount expected to be paid in exchange for that serv¢ce. Ul Tax The charity is an exempl charity within the meaning of scheilule 3 of the chan1￿5 Act 2011 and is considered lo pass the lesls sel out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definilK)n of a charitable company for UK corporation tax putposes. Ikl Going concern The financk41 statements have been prepared on a going con¢em basis as the InJslees believe that no mater￿¢ uncertainties exist. The Irustees have considered the ￿Ve1 of funds held and the expeeled level of income and expenditure for 12 months from aulhorising these financial stalemenls. The budgeted income and expendtture is suff￿lent with the level of re5erve5 for the charity to be able to eonlinue as a going concem. 11} Pgnsions Contributions lo defined contribution plan5 are expensed in the period to wh￿h they relate. 2 Salarles and penslons The anafysis of the payroll costs is as follovts".- 2024 2023 Wages and salaries Social security Employei Penston Costs 734,927 60,374 40,141 835.442 778.707 64.269 39.967 882,943 15 POSITIVE YOUTH FOUNDATION Notes to the Accounts For The Perlod Ended 31st March 2024 2024 2023 Average number of employees 40 The number of employees whose gross remuneration fall wflhin the bands:. £80,000 10 £90,000 The trustees were neither remunerated nor paid any expenses. 2024 2023 3 Grants receivable Alan Higgs Charity-safeguarding Badminton England Cambridge UnNersty Press Centre for Youth Impact Cheshire Communty Founda1￿n-EmR Grnnt Children In Need- A Million & Me City of Culture Trust City and Guilds Coventry Building S¢xiety Coventry Cty Council- AMIF Funding Coventry Cty Council - BNOHK Family Leaming Coventry Cty Council- Go Park5 Coventry Cty Council - Go Foleshill Coventry Cty Couneil- HAF Prcgrammes Covenlry Cty Council- Local Delivery Pilot Coventry Cty Council- Structured Programme Coventry City Council- Supporting Ukranian YourvJ People Coventry Cty Coun¢il- Summer School Bc4)$1 Depl. For Levelling Up. Housing and Crynmunities Duke of Edinburgh's Award Garfiehj Weston Gen22 Groundwork- Building Better Opportunit*s Leo Burnett National Cilvzens SeThice National Express Foundat National Foundation for Youth Music National Lottery Community Fund- St Mtchaels Paul Hamlyn Foundation Paul H8mlyn Foundation (Parks & Youth Leadership} Sir John Egan Substance Ichanees) Swires charitab￿ Trust Think Active UHCW Charity Icaptain Tom Fund) Wesl MKllands CL¥nbined Authority- Active CornmunitEs West M¢dlands Combined Authority- Youlh Adwsory West Midlands Poliee & Crime Commissioner VRP Wesl Midlands Police & Crime Commissioner Counter NarratNe Wesl Midlands Police & Crime Commissioner-young People of Hillf￿h￿S Wesl Midlands Combined Authority (Stand 0￿> Wesl MKJlands Polu & Crime C¢)mmissioner Western Power Warwk University 13,602 5.200 6.000 6.000 55,768 19,823 46.971 60,000 65,156 146,160 137.651 12,525 108.877 72,899 3.440 60,603 63,968 64,627 60.114 140,196 3.132 89,364 10.014 60.832 32,000 32,000 24.900 26.183 38,537 991 26,183 10,206 2.275 20,000 95,024 243.207 632 983 40,951 3,600 56,616 98,661 24,7SO 40,0 25,000 59.750 27,500 14,981 8,250 12.500 59.750 7,500 9,989 12,429 5.000 50,0(K) 40.000 50,000 3.360 55,173 30,000 9.960 13,600 1.278,277 1.347.086 16 POSITIVE YOUTH FOUNDATION Noles to the Accounts For The Period Ended 31st March 2024 4 Direct Costs These are comprised of sports equipment. sportswear, refreshments. Iravelling expenses. mentoring and training costs incuryed on ihe various projects. 5 Tanglble fixed assets Office EqpL At 1$1 April 2023 Additions Al 31 March 2024 Accumulated depreciation Al 1st April 2023 Charge for the period Al 31 March 2024 Net bookvalue Al 31 Mareh 2024 Al 31 March 2023 &S.932 797 57.729 31,040 6.672 37.712 20.017 25.892 6 Debtors 2024 2023 Grants reeetvable Sundry deblots Prepayments 133.397 42.751 5.557 181,705 86,507 22.160 108,667 7 Creditows: amounts falllng due wlthin one year 2024 2023 Accrued expenses Income in Advance Sundry credito 8,11XI 150,093 12.986 171.179 7,500 163.343 9.406 180.249 8 Operating Lease5 Total future minimum lease payments (rentslservice ¢harge5) under nOn￿ncelIable operating leases are as follows:_ 2024 2023 Not later than one year Later than one and not L418r than fve yea 46.165 87.330 133,495 41,8 15.000 56.8&S 9 Contlngent Llabilities As far as the directors are aware there were no pending Wl activitses. guarantees, material damages or any contingent liabilities at the baLqn¢e sheet dates. 10 Post Balance Sheet Events There have been no events after 31st March 2024 wthich ￿11 have an effect on the financral slalemenls up lo 31st March 2024. 17 POSITIVE YOUTH FOUNDATION Notes to the Accounts For The Peri¢xl Ended 31st March 2024 2024 2023 11 Restricted Funds Alan Higg5 Charity Badminton England Cambridge Universty Press Centre for Youth Impact Cheshire Communty Foundatbon-EMR Grant City of Culture Trust City and Guilds Foundalron Coventry Building Society- NevAyArrwed Support Coventycty Council-AMIF Funding Coventry Cty Council - Supporting Ukrainian Young Peq Garfield Weston National Express Foundation National Foundation for Youth Musi Paul Hamlyn Foundation Swires Chafilabl8 Twst 1unresl￿ed grant) Think Active Wesl m￿landS Combined Aulhority- YoLrth Advisory Wesl Midlands Police & Crime Commissioner VRP Wesl Midlands Police & Crime Commissi)ner Counter N.. West MKllands Police and Crime CommissM)ner 4,106 1.519 2.470 6.￿0 42.055 17.6e6 48,389 49.658 6,718 6,837 53.204 1.350 5.000 3.600 3.447 731 12.$00 6.681 12,991 22,176 22.073 23.410 199.585 152,996 11 Analysis of net assets by fund Restrlct- ed Funds Unrest. ricted Funds Total Funds Tangible assets Deblors Cash al bank and in hand Less.. Creditors 17.408 22.571 113,017 2.609 159.134 878.*3 171.179 869.527 20.017 181,705 991,980 171,179 1,022,523 152.996 12 Purpose of Grants Alan E0￿lard Higgs Charty.. 2 x prc*Jwmes". 1) Funding to provKle a Looked After Children's mentoring scheme 2) Funding to maximise our Safeguarding offer by adding an active programme of safeguarding focussed activities Badminton England.- Grant lo sel up and support No Strings badminton sessions Cambridge UnNersty Press & Assessment.. Corporate d¢)nation to help supwt Positrve Future$ work cent￿ for Youth Impact.. DelNery partner for Mult￿Site Inals mentoring pracliee Cheshire Communty FoUnda￿n.. Buikling Brighter Futu￿ EMR Grant. Programme wll wot* with 2 e￿artY identifwl gioups of young people, both of have well-recogntsed ¢hallenge5 in their lives.. young asylum seeker5 and refvgees. and young people rK>t currentty engaged in slalulory education. BBC Children In Need.. A Millton & Me fuThJing to speerfulty support new￿ arrived refugee and asylum- seeking children & young peopk aged &13 in Coventry, Bimiingham & Leieesler who are faced with several heaRh inequalities and are eXpenencI￿ lower4evel mental health Pfobtems such as stress. anx￿. isolal*)n. ioneliness or depresston 18 POSITIVE YOUTH FOUNDATION Notes to the Accounts For The Perfod Ended 31st March 2024 City & Guilds Foundation.. Funding to SUPPCAt fte￿ arrived ￿Ung peop￿ aged 16-25 in Coventry by providing a boost to their English larwJuage, mentoring and xcess to on-line volunteering and learning support City of Culture.. Project funding and young pewle *acy commissitin5 Coventry Building Society.. 3 pro9rammes= 1) Pri￿lple partner donation for youth services 21 Funding to help with cost of living cllsis & prowde a winter youth club 3) Funding to support newly arrNed young people Coventry City Council- As￿￿M. Migration & Integration Fund.. Prtr3ramme supports integration aclwities for newly arrived young people aged between 8-22 C¢)ventry City Council - BNO HK Famity Learning: Funding lo deliver the 8fitish Nat￿nal Overseas IHong Kongl family leaming prcgramme Coventry Cty Council - HAF Programme.. Funding to deliver activities & foc*J programmes during sch￿1 holidays Coventry City Council - Go Foleshill-. Funding lo deliver activitses to inspire children and families lo live more active and healthy lrfestyle in Fothhil Coventry City Council - Go Parks.. FurKling to prcrfnote ways to te active in kxal pad(s from sport and physical actNty to wellbeing and cuttural elements Coventry Cty Council - HAF Programme.. Funding to delNer &tivities & food programmes during school holidays Coventry Cty Council Structured Programme: An initiatwe lo promote communty cohesion and integration of newty arrived young people Coventry City Council - SLtmmer Sehod Bwsl.. Funding lo deliver a programme designed to provide vital education81 support in a struclufed leaming enwronmenl for ne￿ arrived young people who have arrived Coventry City Council- Supporting Ukrainian Young People: Funding to provKle a structured programme Depl for Levelling Up, Housing & Communrties.. Reg￿nal VCSE HKBNO Grant - Awareness and welcome Duke of Edinburgh's Award.. Funding to run the DOFE programme Garfield Weston.. Contribubon ttrwards core cyeralional costs Groundwork - BBO Grant.. Funded by the European Social Fund and The National Lottery lo support young people furthest from the labour market in lo meaningful training and support opportunrties National Citizens Servtce.. Grant lo supwrt newly afrived young people in Coventry. The ¢)ffer will include a number of 5ervice5 and activities that have been carefulty designed to support refuyees and asylum seekers integrate. settle and thrive in their new communty Nat￿nal Express FOundat￿n.. Grant to support arrived young people in Coventry. The offer will include a number of 5ervi¢es and activities that have teen carefulty designed lo support refugees and asylum seekers integrate, seltle and thrive in their ne4V ccrfnmunty National FoUndat￿n for Youth Music= A 3 year prc*Jramme wh￿h will allow us to provide high quality muS￿- making opportuntb.es for young people across Coventry National Lottery Communty Fund - St M￿hael$.. Delivery of heatth-based interventions in two of the rteighbourhoods in the ctty with the highest hea￿h inequalrties. Paul Hamtyn Foundat￿n. 2 x prc#Jrammes: 1) Fund1￿ recewed lo support organisalion stabilty 21 Funding lo deliver regular eulturavcreative actNity for young peop￿ across Covenlry's parks and green spaces and delivery of a Youth Leadershp Pro9ramme for 11>15 young people aged 18-25 19 POSITIVE YOUTH FOUNDATION Notes to the Accounts For The Period Ended 31st March 2024 Sir John Egan.. A philanthrop￿ donatw by our Patron which enable5 US to deliver a bespoke Functional Skills programme for ￿arnerS identified as being svJnifJcanlty al risk of exclusion or lacking a posrtive destination in relalton to further educ*ion. training or emph)yment Subslance Ltd.. Funding lo tte￿ youn9 people xhiemp positNe outcomes including improvin9 physieal litefacy, improwng attendarKe al school and reongaging back into Education. Employment or Training sy￿res Charilable Trust.. A eontribution IV￿rdS core operational costs over 3 years Think AetNe'. Funding to supF4)rt open *cess Saturday moming footb811 sessions Wesl Midlafids Combined Authority. Funding to supwrt the continued development and groyrth of the Young Combined Authority IYCA) programme Wesl Midlands Police & Crime Commi%sKJner 3 x PlC#Jrammes-. 11 Creation & recruilmenl of the VRP'S youth advisory board who wll support the c0-prchyuctK￿ of appropriate VRP interventions & provision by utilising the ¢featNJn of sub-groups across eaeh regKJnal area. fomiing one regional group of young people (aged 14-181 as representatives 21 Devebp a counter-narralsve to Vk)Ien￿ caMPa￿n led by young people living in the West MidLands linking in closety ￿￿th existing youth voice work across the ￿gion 31 Funding lo develop and delNer a Molence preventr.on and c(Mnmunity safety education prcgramme in HI1￿￿ld$ 13 Related Party Tfansactlons There are no related paty IransYtN)ns during the Fel￿(2023- nil}. 20