**Trustees’ Annual Report for the period** **From 1[st] April 2024 To 31[st] March 2025** ## **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 2025.
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 28 members of staff and
an 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**
In 2024-25 more than 2,000 young people
took part in Positive Youth Foundation’s
programmes.
We offer a very wide range of activities,
from open access youth clubs to targeted
support for young people facing significant
challenges in their lives. 173 young people
were referred to us from a range of
statutory bodies, including children’s
services, family hubs, mental health
services, the police and schools.
We also ran a range of exciting regional
programmes in partnership with the West
Midlands Combined Authority and the West
Midlands Police and Crime Commissioner
supporting young people’s participation in
decision-making, which have been an
important development within the sector’s
response to ensuring young people’s voices
have been meaningfully listened to.
Above all, we offer young people a safe
place to go outside school and home where
they can meet friends and benefit from the
guidance and support of trained youth
workers. For some, the relationship they
build with youth workers can be the only
trusted adult relationship they have.
We can’t do all this without the support of
trustees, staff, volunteers, funders, local
partners and supporters.| PYF’s main work is divided into five different strands: **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. **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. **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" Supporting children and families who have newly arrived as refugees, asylum seekers to feel welcomed and supported in their new homes. |**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.| |**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.| |**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.| |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 people away
from exploitative relationships.
PYF continued this year to support youth
organisations across the West Midlands by
coordinating initiatives such as the youth
voice initiatives in partnership with the
Violence Reduction Partnership.
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).
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)** |**Additional information (optional)**|**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 60
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 who
have entered in to employment with us
following successful placements.
The Positive Young Thinkers, who are our
volunteer Youth Advisory Group continue
to thrive in leadership roles, guiding the
organisations vision setting and delivery.| |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|During what can only be described as a
challenging time for the charity sector and in
particular those supporting young people, we are
pleased to report on a number of key highlights of
success for the 24-25 year.
**Our Impact Report showcases more of these,**
**and include:**
▪
We supported 122 young people referred to
us through schools, children’s services and
other bodies, as well those at risk of
involvement in crime. 95 took part in a
programme funded by the Charles Hayward
Foundation to reduce their risk of offending
▪
23 took part in our functional skills or
personal development programme.
Referrals from schools and Early Help
increased, enabling us to support young
people back into education—boosting
attendance and their chances of gaining
qualifications.
▪
We secured employment, training and work
experience opportunities for 25 young
people, including placements with
McDonald’s, Linklaters, and Tesco, helping
them take steps toward independence and
future careers.
▪
Through funding from the National Citizens
Service, PYF delivered 252 unique
experiences for 219 young people. These
opportunities supported personal growth
and peer connections across a diverse
range of activities.
▪
With support from Coventry Building
Society, over 100 young people attended
our Christmas Grotto to select gifts for
someone special. The same funding also
helped us celebrate cultural events
including Chinese New Year and Eid,
creating inclusive moments for young
people and their families.
▪
A total of 347 young people aged 8–25 took
part in ESOL support and 44 were involved
in the Duke of Edinburgh Award, now
offering both Bronze and Silver levels.
Expeditions included camping and hiking in
Derbyshire, encouraging teamwork,
resilience, and a love for the outdoors.
▪
Our Summer Boost programme supported
42 newly arrived young people from
countries including Hong Kong, Ukraine,
Afghanistan, Syria, Iraq, Iran, Brazil,
Jamaica, Trinidad, and Vietnam. The
programme helped ease their transition into
education and life in the UK.| |▪|PYF’s Go Parks initiative, funded by the| |---|---| ||Heart of England Foundation, reached over| ||2,500 young people over nine months of| ||free sport and physical activity across 10| ||parks in Coventry. It was delivered in| ||collaboration with 15 community-based| ||organisations and social enterprises| ||through the Coventry Youth Partnership| ||which we support to increase the reach of| ||youth work across the city.| |▪|Go Foleshill, funded by Sport England,| ||partnered with 30 local organisations to| ||encourage active lifestyles within the| ||Foleshill neighbourhood, strengthening| ||community ties through accessible| ||movement-based programmes.| |▪|Over 120 young people and their families| ||living around our youth centre in Hillfields| ||joined the first ever PYF Fest in August| ||2024. The event was planned and| ||organised in large part by young people| ||from our Positive Young Thinkers| ||programme. They contributed a huge| ||amount of time and energy to the event| ||which featured bouncy castles, sports| ||activities and food.| |▪|Work began planning the refurbishment of| ||Hillfields Young People’s Centre and the| ||Multi-Use Games Area. Work began on| ||new toilets, the gym and we received a| ||generous donation of furniture from| ||Cambridge University Press & Assessment.| |**Highlights**|| |▪|In November, we hosted our second| ||national conference,_Youth Work: What_| ||_Next?_More than 100 participants took part| ||in discussions that helped shape our vision| ||for youth engagement. The event also| ||launched collaborative research on youth| ||work outcomes with Coventry University’s| ||Centre for Global Learning.| |▪|A highlight of our creative work this year| ||was_My Tomorrow_—a youth-led film,| ||produced and directed by young people. It| ||was launched with support from the West| ||Midlands Police and Crime Commissioner,| ||who publicly reinforced the region’s| ||commitment to supporting young people.| ||Following the event, PYF helped initiate| ||_Changemakers_, a new body designed to| ||amplify young people's voices in local| ||governance.| |▪|The film was launched at Millennium Point| ||in Birmingham, reaffirming its regional| ||impact and inspiring wider support for| ||youth-led initiatives.| ▪ Through our Youth Music-funded _Changing Trax_ programme, over 50 emerging music artists performed at Coventry’s Godiva Festival. The project fostered creativity, confidence, and real-world experience for those building careers in the music industry. ▪ We celebrated youth perspectives with a photography exhibition hosted at Coventry’s Belgrade Theatre. The exhibition showcased how young photographers view and interpret cultural identity across communities. ▪ We also began a significant refurbishment programme at Hillfields Young People’s Centre (HYPC). Upgrades included new toilets, carpeting, external cladding, roof repairs, and a refreshed reception area. Additionally, we submitted a funding application to the Football Foundation to enhance the outdoor games area, expanding recreational access for local youth. ## **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.
**A Case Study below of a positive outcome:**
Leah*, 13, was referred to the Positive Youth Foundation’s
Chances mentoring programme by the City Council’s Early Help
team. Though registered at a specialist school, she was unable
to attend due to severe separation anxiety from her mum.
Despite various efforts by the school, she remained at home,
raising concerns about the long-term effects on her education
and social development. The situation also impacted her
family—both parents were struggling with their mental health,
and Leah was taking medication for anxiety.
In April, Mel*, a PYF youth worker and mentoring specialist,
began supporting Leah with short, gentle home visits. Through
these, Mel built trust and discovered Leah’s interests in cooking
and arts and crafts. Early interactions included walking the dog
and baking, with Mum always present. Mel adopted a relaxed,
patient approach, allowing Leah to engage at her own pace.
After a few weeks, Mel invited Leah to the youth centre during
quiet times. She initially attended with her mum, participating in
baking and diamond art. Gradually, Mum waited outside in the
car, and Leah grew more confident and sociable. A turning point
came when Mum left Leah alone briefly to repair her phone—| |---|---|---| |||Leah managed well and continued visiting the centre without
her.
By 2024, after 10 months of weekly mentoring, Leah began
attending school for one lesson a week, with plans to increase
this gradually. She speaks about three friends at school and has
started joining small group activities at the youth centre. PYF
aims to support her in building friendships there too.
Over the year, Leah completed 295 hours across 189 sessions
with Mel and other staff, resulting in a marked improvement in
her anxiety, self-confidence, and social skills. Her growing
independence benefits not only Leah but also her family, easing
pressure on her parents and reducing their reliance on mental
health services. The school and Early Help team now view her
attendance less critically, and demand on the GP has lessened.
* Names have been changed| |---|---|---| |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 further 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.
**Safeguarding**
Young people’s risk levels continue to rise across communities,
often related to poverty and inequalities. Our internal
Safeguarding Committee meet on a monthly basis to identify
support needs of young people and align with the Local
Childrens Safeguarding Partnership and Local Authority
colleagues to support young people referred to PYF or known to
us through our provision. Ongoing training opportunities are
presented to our staff team to ensure compliance and good
practice.| ## **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 through
monthly finance meetings which are
reported to the board of trustees.| |---|---|---| |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 into new spaces for young
people.
Our accommodation status remains a
concern for the board as we seek to invest
in 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|£861,632| |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)** |**Additional information (optional)**|**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 which is
beginning to show positive results.| |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. Due to the
demise of the sector, recruiting high-calibre
staff remains an issue which we seek to
address through more thorough training and
support programmes.
**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.
The AGM sees a process of elections
undertaken whereby Chair/Vice roles are
nominated and voted upon.| |**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|J.KIELY| |---|---|---| ||
Andrew Jack|John Kiely| ||
Chair|Trustee| ||**17/11/2005**|| ||**17/11/2005**|| posrThvE YOtrrH FOUNDATION Ch￿ilable com limited b tee Report and Accounts 31st March 2025 Charity Number." l 145284 Company Number." 7613299 POSITIVE YoufH FOUNOATION Financial Statements Year Ended 31st March 2025 Contents Page Company Infomation Directors, Annual Report Auditor's Report 1￿12 Statement of Financial Activities 13 Balance Sheet 14 Cashflow statement 15 Notes to Ihe Financial Statements 16-22 POSITIVE YOUTH FOUNDATION Company Infonnation Directors MR VINCENT MAYNE MR ANDREW JACK MS AMY FOSTER (Resigned- 2510612025) MR CORY MICHAEL LEE BARRETT MR CARL BINNS MR JOHN KIELY Company CEO and Secretary MR RASHID BHAYAT Audltors CRYSTAL BUSINESS SERVICES LTD Chartered AccounlanlslRegislered Auditor 264 STONEY STANTON ROAD COVENTRY CV14FP Bankers THE CO-OPERATIVE BANK - COVENTRY SHAWBROOK BANK- BRENTWOOD Reglstered Offl¢e THE TECHNO CENTRE COVENTRY UNIVERSITY TECHNOLOGY PARK PUMA WAY COVENTRY CV1 2TT Registered Numbers Charity .' 1145284 Company .' 7613299 POSITIVE YoufH FOUNDATION Company Registered number: Charity Registered number: Directors. Report 7613299 1145284 The directors present their annual report and financk?I slatemenls covering the year to 31st March 2025. The diredors have adopted the. provision of the Ststement of Recommended Pradice ISORPI 'Ac¢ounling and Reporting by Charit￿S, {FRS 1021 in preparing the annual report and financial statements of the charity. Name. Registergd office and Constitution of The Company The lull name of the company is Posi(Ne Youth FOundat￿n. The company was registered in England on 21st April 2011. The company is a charitable organisat￿n wrth no share capital and limited by guarantee. The company's registered office is situated at The Techno Centre, Coventry University Technology Park, Puma Way. Coventry. England. CV1 2Th. Objectiveslgeneral a¢tlvities The organisation's principal objectives are". The Posrtive Youth Foundation IPYFI is a registered charity based in Coventry that supports young people aged 8-25. Through our work we aim lo raise the aspirations and life chances of those in difficult circumstances through tsvo main areas of ￿￿)[k.. Intenswe frontline serV￿eS through programmes Ihal support education. employynenl and training, healthy lifestyles, arts and cu￿ure. S￿la1 action and the integration of young muranls". and. strategic 5UPPOrt lo poI￿Y leads, commissioners. funders and agencie5 across the youth work sector. We are well conneGted to local. regional and national youth work organisations and regularly ontribule lo the shaping of youth polw. Further information about our work is available on our v*bsite-. wwi.po551Neyouthfoundation.Ofg. The organisation's objecknves are specrfThlty reStr￿ted lo the folhjwing.. lal lo promote s¢xial inclusion for the public benefft by woiking with Mernbe￿ of communities, primari￿ bul not exclusively, in the m￿JIandS. including but not limited to Coventry who are 50¢ialty excluded on as a result of being a member of a socialty and economulty deprived community to relieve the needs of such people and assist them to integrate into soc*ty. in particular by providing a network group that enable and encourages member5 of ¢ommunrties pnmarily bul not exclusively, in the Midlands. Including but not limrted lo Coventry to participale more eff￿tIVelY in their communty using cultural progr8mmes including. but not limrted to, art and music. educational and sporting programmes as a means of getting people to lake part in joint acliwty. in partKular among socially or economically disadvantaged ¢0mmunrt￿S providing workshops. advocacy mentoring and support. Ibl lo advance in life and relieve needs of young people through- lil the provision of recreational and leisure lime acbvrt*s proV￿d in the interest of social welfare, designed lo improve their condition5 of lrfe., lill providing support and a¢tivf(ies which devebp their skills, capaciti'es and capabilrt*s to enable them to participate in society as mature and responsib￿ indmduals. {cl the advancement of educalKJn, including physical education. Idl lo provide or assist in the prOW5￿n of facilities in the interests of social welfare for recreation or other leisure lime occupation of indivKJuals who have need of such facilities by reason of their youth, age Infirmity or disabilty, financial hardship or s￿101 circuMstan￿S wlh the 04eci of improving Iheif conditions of life. lel to advanGe the education of the public in general including. but not limited lo, those invofved in charitsble youth work by: POSITIVE YOUTH FOUNDATION Company Registered number: Charity Registered number . Dlrectors. Report 7613299 1145284 i. Provkling and promoting training and professional development seThKes lo those involved in charrtable youth wofk.. ii. Promoting the positive social value of youth wort and its effects on social mobilty.. iii. Representing the views of young peopk and youth workers and," iv. Educating and supporting the publie and private corporate organisations abgul the role and value of youth work in relalKJn to so¢ial and economK policy. Publlc Bgnefit The directors believe that the organisatKJn satisf￿5 the ￿qUIrementS of section 17 of the Charrties Act 2011 regarding public benefit because the general communty benefts from the organisalK)n's aclivilies. The principal activtties of the organisation which are set out in the ArtiC￿S of Association include.. Promotion of social inclusion for the publi benefrt by working with members of wmmunib"es, who are So¢￿IlY or economicalty deprived. Prow5ion of edUCat￿n, wreational and kisure ts.me actwities, and general assistance lo young disadvantsged persons. Managemgnt Structure The direclorsjtrustees of the organisation for the period from 1 sl April 2023 to the dale of this report Mr Vincent Mayne MrAnd￿W Jack Ms Amy Foster (resigned 25th June 20251 Mr Cory Michael Lee Barrett Mr Carl Binns Mr John Kiely The day-to-day operations ol the organisation has been enlrusled lo Chief Executive Officer Mr R Bhayat. who is assisted by three senior managers, abngside a team of Programme Manager5 and youth workers. As per the organisation's constrtution the ￿1￿CtorS are not remunerated. The directors meet regtjkrfy lo discuss the organisation's operat￿n$. The appointment of any new directors need the approval of the directors and only those persons who ale appropriately skilled and fully supportive of the organisation's circumstances woukl be considered. The Positive Youth Foundation is supported by a Youth Advisory Board made up of local young people and a Board of Trustees. The board consists of influential indmduals. including business leaders with a sound working knowledge of the charitabk and commun¢ty sectors. PYT is made up of l¢xal represenlalive young people using their voices to advocate for change and support our organisation behind the scenes. Young people are granted autonomy to plan and m8nage aspects of our ¢ommunty engagement programmes. demonstrating leadership and initiative. The group have a regular sk)t al Board Meetings to meet wth Trustees. The organisalion also use the serwces of appr0￿Ma1ety thirty volunteers whose fole is lo support the delivery ol front line youth Servi￿S. Trustees Training and Development: Directors ITrusteesl are offered relevant trainrng opportun1t￿S which will enable them lo make effective choices. This year. efforts have been placed lo increase Trustees knowledge of safeguarding processes through courses such as NSPCC Board Level courses. POSITIVE YoufH FOUNDATION Company Reglstered number: Charity Registered number: Directors. Report 7613299 1145284 K•y A¢hlev•m&nts - 2024125: Trends and Challenges In 2024-25 more than 2,000 young peopk look part in Posrtrve Youth Foundalh)n'5 programmes. We offer a very WKle range of activrties, from open youth clubs and sports. music studios and summer activities in parks, lo targeted supwrt for young people facing signrficanl challenges in their lives. 173 young people were referred to us from a range of statutory bodies, including children's 5ervies, fami hubs, mental hea￿h services, the police and schools. We run regK)nal programmes supporting young people's voice and influence in their local aulhorty, and support newly arrived young people with English and orienlalh)n classes. Above all, we continue to offer young people 8 Safe place to go outside school and home where thèy ¢an meet friends and benefit from the guidaTr￿ and support of trained yovlh workers. For some. the relationship they build wilh youth workers can be the only trusled adult reiath)nship they have. We can't do all this wi(houl the 5UPPOrt of tnjslees. stsff. volunteers. funders. local partners and supporters. We are hugely grateful for their time and investment in our Nbrjrk. 1.Raislng Aspirations Programme .SEND post-16 course delivered thn)ugh ahemative prow$￿)n referrals from Coventry and Warwckshire. +lncludes young people taking exams lor qualrfKatKJns as a ￿sUIt of our funclK)nal skills and personal development support. .Young people took part in a training sessKsn on how to use Linkedln. •Our application lo join a framework foi SEND referrals from Coventry C.C was successful, and we have been contracted to support 4 referrals during the 2024125 academic year from mid-November. .Delivered sesstons for young people with a SEND diagnosis, offering maths and English funclK)nal skills, and one-to-one personal development support. Young people are referred to PYF through Coventry Allemalwe Provision, managed by the cty council. .Referrals from schools and Ear￿ Help a150 increased. Mainly we supported young people lo relum to education, improving their attendance and chances of achieving a qualif￿allOn. .We secured employment and training opportunities for young people, including work experiènce al McDonalds, Linklaters. and Tesco. 2.Positive Fulurgs Communty Programmg .Wilh financial support from Coventry Building Society, we supported young people lo sel up and run Christmas Grotto. They bought and wrapp*d presents. and then designed. decorated and ran the grotto Altogether over 100 young people seWed P￿SentS lo gwe lo someone special in their lives The funding will go on to support events assoaated with Chinese New Year and celebration$. .5 new PYT members have been recrLFited and will join the existing group of 10 in 2025. .PYF's National Crtizens Serwce-funded prograrnme finished at the end of March wlh the cbsure of the national organisation. We exceeded largels, delwering 291 unique experiences compared to a target of 250. We are looking at ways to incofporale some of the elements of the training into other programmes. .Our Charte$ Hayward funding is conlinuing with priority given lo extemal referrals. Our new Eveson Foundation programme begins in April, offering mentoring support lo a main participant as well as their siblings. Young people wf(h some of the gre8lesl challenges can engage Wrth PYF over many months. .Youlh club is going well. despite a drop in open access part￿•panIS recenlty. We are running outreach sessions in schools and other settings promote PYF. and consulting wtih staff and young people lo understand why. numbers have been falling. As a resuK Saturday football is now attracting 90+ young people per session. Our boys group conlinues to do well wrth up lo 20 particty)ants, wrth discussions on careers and emotional intelligence. .PYF held PYF Fe5t for local young people living aroLtnd our youth centre in Hillfield$. The event was planned and organised in large part by young people from our Posrtive Young Thinkers programme. They contributed a huge amount of lime and energy to Ihe event which featured bouncy castles. sports activrties and food. Over 120 k)c81 young peopte attended as well as stsff and parents. POSITIVE YOUTH FOUNDATION Company Reglstered number: Charity Registered number . Dlrectors. Report 7613299 1145284 3. Changing Trax .Changing Trax began a new 8-week prc¥ect with kjcal MUS￿ stud￿. Ode. Content Irom a spoken word project. funded by the Art$ Council in partnership %wth Studio X will be re￿aSed and perfomances to be arranged. We will be starting a photography project with SEND Post16 part￿1PanIs. .We launGhed a photography exhibition al the Bebrade Theatre. The photographs 'celebrale the unique perspectives of young photographers as they capture the essence of culture in our communities. Ea¢h piece tells a Story, refK8Cting pefsonal experiences and the rich iapeslry ol influences that shape their idenlilies. There is growing interest in our Art Club- yoijng people from olhef strands are getting involved. .Young people from Changing Trax contributed lo the premier of Locks. Keys and Coasts, a production at the Albany Theatre in partnership wrth theatre group Fyah Camp. The event was an opportunity for young people to gain valuable live performance skills in a well-rev￿Wfjd and moving th8alre pr¢)duclitin. .Our one-year Arts Council funding supports a wide rnnge of activities lo boost the business skills of creative young people. Workshops in September i￿lUde a Freelancer M8slertlass on 'How lo Earn Your First £10,000 for youi Creative Business, and the start of 4 new 12-week photography course ltsr young people wrth a chance lo run their wi art exhibition. 4. Healthy Futures .Go Parks - The Heart of England Go Parks programme ￿8¢hed ovèr 2,500 young people and offered 9 months of free sport and physical aclivities in 10 of Covent￿$ paths. The projramme was delivered by 15 partners, many of Ihem small communrty organisalK)ns and swal businesses. .Our partnership wlh Sowe Valley Primary Care Nels￿Ik lo delNer youth work support in a GP clinic for young people has come lo the end of rts first phase. We are hoping f( will act as a Model for lulure partnerships, and we can find further funding lo ￿ntInue. .Go Foleshill 18 working with 30 partners across Fo￿ShI11. 8 participants have passed British Cycling Lovel 1 course. 6. Involved .Invofved is now delivering 37 sessions each week under our programme funded by the crty council. Wa are ahead ol largels for part￿1pants reached and we continue lo see new arrivals. particularly from Sudan and Ukraine and a few from Lebanon. This ineludes ESOL support, mentoring, youth club, sports acliviligs and 8 Dyke of Edlnburgh Award whith is now offenng Bronze, Sifver and Go￿￿ levels. .We continue lo deliver sports actNities for w)ung refugees and a5￿￿M seekers. Badminton sessions are going well. Ramadan has influenced the numbets attending gym sess*)ns, but we expect they will inciease again in April. .We organised a faSh￿n show for 200 people, induding p8renl$ and young poople. as part of a communty gathering for the Hong Kong communty in Coventry and WaThvickshire. •New groups, particularly relugges and asylum seekers. are wning together lo lake part in Bronze and Silver Duke of Edinburgh Award5. Young people have taken part in the expedrt￿n phase of their Duke of Edinburgh Sifver and Bronze Awards. .Young people have also taken part in events in London. including an event al G¢)ogle and another al City & Guilds headquarters. .The Summer Boost programme finished al the end of September and supported 39 young peopk from Hong Kong. Ukraine, Afghanistsn, Syria. Iraq. Iran. Brazil. Jamaica, Trinidad and Vietnam. POSITIVE YOUTH FOUNDATION Company Registered number: Charlty Reglstered number . Dlrectors. Report 7613299 1146284 .We were successful in an appliCat￿n to the Cty & Guilds Foundation for £65k lo continue funding for our ESOL classes and FE support for asylum seekers. Last year's ESOL class group will attend a ceremony al the foundation's HQ in London on January 17th to recognise their achievements. .Our Crty & Guilds Boost programme is supporting young people as they prepaie for exams. Many have completed college applications or gained jobs and Iwo have trials at football academies. 6. PYF Connect • The West Midlands Changemakers youth voice programme promotes an 'up$landorf opproach by 90ing into schools and communit￿S across the West Midlands to encourage young people to acliv8ty contribute lo the reduction of youth vbolence. PYF ￿ad5 on the Young Leaders e￿rnent of this where we have signed up and trained 30 young people right acfOSS the region lo attend evgnls and sessions to encoura9e young peop￿,$ engagement. Our young ￿ade{S prepared and delivered a suctesslul creative workshop lo Coventry Cty Council'$ hèads of service where managers made commitments to consider the needs of young peop￿. . Work to support the VRP counler-nairative progT8mme includes a short film prem*red in May, reflecting the aim lo share positive messages about young peop￿. .Through the Changemakers init￿live Ilhe Wesl Midlands youth voice programme} we are supporting group of 20 young people lo share their experiences of liMn9 in the region wrthin the region. Their first event was a 3-day r¢S￿entIal when they began pieparing for this and wder priorrties for young people across the Wesl Midlands. .We have submitted a fir51 draft of a training manuav guide to Red Con$uAingl McDonald'8 on conflict avoidance. •FOl￿wIng the PYF conference and launch of our research wrth Coventry Unwersty. we are moeling the r8POrt authors lo discuss how we can m8ximL8e use of the report in our fundraising and policy work. This has been another busy year offering an inC￿dble range of activities for young people across Coventry and the surrounding area. All of them relate lo our sliategK aims and we have slruclufed this report lo reflect thi$. Credit goes lo our amazing fvndef8. volunteers and staff team - Ih8ir commrtment. ded￿atIOn and innovalK)n has had a big impact on young pèople and makes PYF the friendly and supportive place il Further details ol the impact of our woth can be found wrthin our Annu81 Impact Report which is published on our website - www.posiliveyoulhfoundation.ofg - here you will find detsils ol engagement levels of participants. case studies of young people and communrties who attend our provision as well as further details of our funders and supporters, wilhoul whom we woukl not be able to support the young people in the way that we do. Desprte the challenges lo our seclor and the VCSE sector Tnore broadty, the financial profile of PYF continues lo k)ok healthy. wrth a pipeline of grants and awards relevant to delivery. To ensure that we provide a clear public benefrt, we have set our organisalional valugs.. To be transparent in our Operat￿n$ - To have young people al the centre of all that we do - To treat all of our stakeholders wrth respect and dKJnty - To have 8 workforce that relle¢ts an¢J ￿spondS to the needs of our largel groups - To have an effective and responsib￿ board of tnjstees and associates - To a￿ayS behave in the interests of the young people and the wider Charitab￿ obje¢lNes of our organisalton. POSITIVE YOUTH FOUNDATION Company Registered number: Charfty Reglstered number . Directors. Report 7613299 1145284 Human R&SoU￿0$ We continue lo invest in lo the team's learning and devebpmenl opportun[t￿$ through CPD offers and ensuring our policies and procedures are frt for purpose. PYF Parodpants, Apr 3)24- Mar 2CQ5 Apr-kn x* No. ofyounxp•oph •tt•nthrrflni•partp•rA￿• TDIHI nutnb•r Dt•lE4nd4nu•• 955 2.037 111 26.011 23'.20 G.999 5.802 24-51 732 8A10 J7-.35 Av•iaycont•cl hDurip•rpDrtklp• 15'.59 731 'F¥vr•¥•hLw•ll•N•nd••¥iftth•*qwrt•r. OM.O•e J•n4l•r •t•PYF Crty Council 18 16 14 16 28 F•rnlyHub F••ni•lH••lthS•th¢•• Polioq Tgi ln nd ICfVJStp• r•• Unrestrlcted and undesSgnatgd fund$: This is income generated by the organtsalion which can be spent on anwhing lo further the work of Posilive Youth Foundation. As a relativety young charity. we a￿ aware of the level of caution we must exorcise in planning for the sustainabilty of the organisalK•n. The funds have been profiled lo reflect Slgnifieanl risks anticipated, in p8rtieular in relation lo cole saLgr*s associated with the functioning of the 0198nisalion. The Board plans for the level of unreslricled lunds lo be equival¢nl to 6-12 months of revenue expenditure of the previous financial year. This is in ling with Chanty Commission guidelines and gives us the confidence ￿qUired lo maintsin a healthy forecast of viabilty. The charrty's unrestricted reserves as of y68r4nd gbve the èoard confidence ol our short to medium4em su$tsingbilty. RestrS¢ted fundg: This relates lo unspent money from reslricled grants and contracts. Tha fvnder or donor has specified what the money musl be spent on and the Board do not have Ihe power to spend the mon9y on anything else. These include all contractual and grant related oblpaations. The charity's reslricled serves al 31 $1 March 202S are £176.73212024 - £152.9961. Grant-maklng and Investment Policies The organisalion did not award any grants during the year. The compan¥8 onty investment was the short-lem) deposrt accounts. Professlonal SgNl¢es Dunng the year, the company utilised the services from the followng".- Bankers - The Co-operative Bank. Coventry Shawbrook Bank . Brentwood Accounlanls - Crystal Business Services Limited, Chartered Accountants . Coventry POSITIVE YOUTH FOUNDATION Company Registered nurnber: Charity Registered number: Directors. Report 7613299 1145284 Prlnclpal rlsks The principal risks that the organisalion faces and the mthgation act￿n$ are as foll¢)WS :. Sustainabili There is an ever-shrfting 18ndscapè of youth policy. We mainlain a close eye on our sustsinability through mapping our partneiships and nehI￿rkS in whKh we operale. We recognk8e the importance of keeping the charity's profile at an all-lime high. Human Resources We have continued lo develop our HR responsibili1￿5 through training and development opportunrti8S for staff. as well as recrurting lo new roles wrthin the organisalion. We have also continued lo resource the Wellbeing Team wf(hin the organisalion lo ensure that our staff have access to support within and ou15hle of work where relevant and appropriale. We have entered In lo an ongoing 5hort-leim lease wlh thg hxal authority lor our delivery base, we recognise Ihal this is risky and seek lo address this through the purchase of surtable premises as soon as a viable option becomes available. We continue to mainiain our bgasg al our HQ, which gives us a 8oIKI foundation to manoge the core of the busin￿$. Dernand For Serwlces As povety related inequality increases. continue to see an increase in demand for our serv￿8$. Dlrectors, R•sponslblllti The directorsltruslees are responsible for preparing the Directors. Report and the financial slalemenls in accordance wilh applicable law and regulations. Company law reguires the directors lo prepafe financial statements for each financial year. Under that law, the directors have elected lo prepare the financial $iatemenl$ in accordancè with United Kingdom Generally Accepted Accounting Practice Iunrted Kingdom Accounting Standards and applicable lawl. Under wmpany lèw the direciors must not approve the financial statements unless they are sali$fi¢d that they give a true and fair wew of the slate of affairs of the company and of the nèl incoming resources or expendrture$ of the company for that per￿d. In preparing Ih88e financial slatem6nts, the directors are required lo. sglect surtable accounting policies and then apply Ihem consi51ently; make judgments and eslimales that are reasonab￿ and prudent.. prepare the financial Slalements on the going coneem basis unless rt is inappropnale lo presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient lo show and explain the company's liansactions and disck)se with reasonable accuracy al any time the financial position of the company and enable them to ensure that the financial slalemenls comply with the Companies Act 20C6. They are also responsible for safeguarding the asse16 of the company and hence for taking reasonable steps for the prevention and detection ol fraud and other irregularil*6. Statement of disclosure of information to audito The directors of the company who held offKe al the dale of approval of this directors, report confimi.. that-. as lar as they are aware. Ihere is no relevant audit information needed by the auditors in connedK>n with preparing their report, of whKh Ihe auditors are unaware.. and they have taken all the Steps Ihal they ought lo have taken as a director in order lo make themselves aware of any relevant audit informatK)n and lo establish that the companys auditors are aware of that information. POSITIVE YOUTH FOUNDATION Company Registered number: Charity Reglstered nuffl￿r . Directors. Report 7813299 1145284 This report has bgen prepared taking advanbje of Ihe small companies exemption in the Compani8S Act 20(￿. This report was approved by the board of dir*its o 28th August 2025. MR ANDREW JACK {Chairperson)............... MR VINCENT MAYNE {Trustee).... POSITIVE YOUTH FOUNDATION Company Reglstered number: 7613299 Charity Registered number . 1145284 Independent Auditor's Report to the DireCtOrs￿rusteeS Opinion We have audited the financial statements of Posiiive Youth Foundation for the year ended 31st March 2025 which ¢omprise the Slalement of Financial Activities. Balan￿ Sheet, Cash Flow Stslemenl and notes lo the financ¢al stalemenls, including signifi￿nI accounting policies. The financial reporting framewofk that has been applied in Iheif Pfeparation 1$ applicable law and United Kingdom Accounting Standards, includin9 Finan¢kal Reporting Standard 102 The Financial Reporting Standard appluble in the UK and Republic of Ireland (Uniied Kingdom Generally Accepted A¢¢ounting Practice). In our opinion the financial slalemenl5'. give a true and lair view of the slate of the Charrtab￿ company¥ affairs as at 31st March 2025, and of ils incoming resources and application of resources. including rts income and expendrture. for the year then ended.. . have been property prepared in ac¢ordan¢e wrth Unrted Kingdom Generalty Accepted Accountin9 . have been prepared in accordaneo ¥wth the requir9ff￿nts of the Companies Act 2006. Bas18 for oplnlon We condudod our audit in accordanee wilh International Standards on Audrting IUKI IISAS IUKI and applicable law. Our iespon¥ibilrties under those standards afe further described in Ihe auditor responsibilities for the audrt of the linanckil slalernenls section of our report. We a￿ independent of the charitable company in accordance with Ihe ethical requ1￿MentS that are relevant lo our audit ol the financial slalements in the UK, ineluding the FRC'S Ethical Standard. and wt havè fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is suific*nt and appropriate to provide a basis for our opinion. Conclu$lon$ r•latlng to golng concom In auditing the financial slalemenls, we have ¢onduded that the trustees, use of the going concern basis ol accounting in the preparat￿n of the financial statements is appropriate. Based on the work we have performed. we have not identified any materi81 uncertaint*$ felaling lo evenl$ or condition5 that, individually or co1￿ctiVety, may cast signif￿ant doubl on the charitable company's abilrty lo continue as a going Concern for a period of al least ￿e1Ve months from when the financial statements are •uthorised for tssue. Our ro$ponsibililies and the reswnsib1lrt￿S of the Irusteeswrth respect to going ￿nCftrn are described in the relevant settions of this ￿pOrt. Other inforniation The other InfomatKJn comprises the infomalion included in Ihe trustees annual report. other than the financial Slalemenls and our auditorfs report Ihereon. The trustees are responsible for the other inlomalion contained within the annual report. Our opinKJn on Ihe financial statements does not cover the other information and. except to the extent olhemise eXpl￿rtlY slated In our report. we do not expross any fomi of assurance conclusion Ihereon_ Our responsibility is lo road the other infom)alKJn and, in doing $0. consKler whether the other information is materially inconsistent with the financial statements or our knOw￿dge obtained in the course of the audit or othe￿ise appears to be matenally misstated. If we Idenlify such material inconsistencies or apparent material misslalements, we a￿ required to determine whether this gives rise 10 8 material misstatement in the financ*l slalements themselves. If. based on the work we have perfomied. we conclude that there is a material misstalemenl of this other information, we a￿ required lo report that fact. We have nothing to report in thi5 regard. 10 POSITIVE YOUTH FOUNDATION Company Registered number: 7613299 Charity Registered number: 1145284 Sndependent Audltor's Report to the Dlrectorsrrrustees Mattors on which wo are requlred to report by exception We have nothing lo report in respect of the following matters in relation lo whth the Charities (Accounts and Reportsl Regulations 2008 require us lo report to you rf. in our opinion." the infomalion given in the financial slalemenls is inconsistent in any material respect wrth the Iruslees, report.. or • the charitable company has not kept adequale accounting ￿COrdS.. or the financial Statements are not in agreement wrth the accounting records and relums; or • we have not received all the informal￿n and explanat￿n$ we require for our aud Rosponsibilitigs of trustees As explained more fully in the Iruslees. responsibilrties statement set out on page 7, the tnjslees (who are also the directors of the charitable company for the Pufposes of company lawl are responsible for the preparation of the linancial statements and foc being satisfied that they give a true and fail view, and for such internal control as the Iruslees determine is necessary lo enable the preparation of flnancial slalements that are free from material misstatement, whether due to fraud or error. In preparing the financial slalemenls, the Iruslee5 are responsible for assessing the ehantable company's ability to wnlinue as a going concern, disclosing. as appli¢abk, matters felaled lo going concern and using the going concern basis of accounting unbss the Iruslees erther intend lo liqU￿ale the charitable company or lo cease operations. or ha¥t no realislK aliematNg bul to do so. Audltor r•sponslbllllles tor the audlt of the flnancl•l ¥tatemonts We have been appointed as audi(or undor seCt￿n 144 of the chart￿$ Act 2011 and report in accordancè with reoulalions made under section 1 $4 of that Act. Our objectives are lo oblain reasonable assurance about whether the financial slatementg as a whole are free from material misstslemenl. thether due lo fraud or error. and to issue an auditor's report that includes our opinion. Reasonable assurance 1$ a h￿h level of assurance, bul is not a guarantee that an audit eonducled in accordance wth ISAS IUKI VAII a￿ayS dèlècl a material mis$talemenl when il exists. Misslalemenls can arL8e from fraud or errol and are considered material if. individually or in the aggregate. they could reasonably be expecle(I lo influence the e￿noMiC de¢i$ions of users taken on the basis of Ihese financial statements. Irregularrties. including fraud. are instances of non-complianee with laws 8nd regulalitins. We deS￿n pro¢gdurg5 in line with our responsibilrties. outlined above, lo delecl malenal misslatemenls in respect of irregu18ri1ie8. including fraud. Because of thè inherent limrtalions of an audit, there i8 8 risk that we will not detect all Irregularit￿$. including thos9 leading lo a material misstslement in the financial slalemenls or non-compliance wrth re9ulatDn. This fisk increases the more that compliance wih a law or regulation 15 removed from the events and transactions ieflecled in the finan￿al slalemenls. as we wll be less likely to become aware of instances of non