Rogist¢r•d number: 07983862 Charity number: 1147952 YOUTH UNITED FOUNDATION (A company limited by guarantee) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
YOUTH UNITED FOUNDATION (A cornpany limited by guarantee) CONTENTS Page Reference and admlnlstratlve detalls of the Company. Its Trustees and advlsers Chairman's $tatem¢nt Trustees. report Independent èxaminèr's roport Consolldated statement of flnanclal actlvttles 10-11 12 Consolidated balance shoot 13 Company balance sheet NotOS to th• financial statomonts 14-15 16-30
YOUTH UNITED FOUNDATION (A cornpany limited by guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Trustees D I Callaohan TGGidi D P R Greaves Baroness D J Morgan, Chair (appointed 14 January 2025) A M Oliver E M Sherry N Martin, Nerk nominated trustee {appointed 11 March 2025} R Moore. Network nominated trustee A E Pea-GadSby, Netrlork nominated trustee {resigned 24 December 2024} Company r¢glstered number 07983862 Charity reglstered number 1147952 Regisl•rèd offico 200b Lambelh Road London SE17JY Independent Examlner Larking Gowen LLP Chartered Accountants 1st Floor, Prospect House Rouen Road Norwich NR1 1RE Page 1
YOUTH UNITED FOUNDATION (A cornpany limited by guarantee) CHAIR'S STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2025 I would like lo take the opportunity of the year end to reflect on a highly successful year. A year that has seen success both for Youth United Foundation and uniformed youth sector. As a sector we have welcomed the first national youth strategy for over two decades, one that has seen young people's views put at the heart of how the government wants lo support them. Increaslng Partlclpatlon As I write this the Unifomied Youth Fund is on track to create over 30,000 places for young people. This has been achieved by recruiting nearly 7,000 trusted and trained volunteers Sin 2022. More than 75% of these plaS have been created in Indices of Multiple Deprivation IIMDI areas 1-5 and others set up to support specific groups of young people. This has included wdening access by focussing on support lo increase ethnic diversity and supporting young people wth disabilities to access provision. Herltage and Wellbelng We are grateful for the continued supp)rt from Historic England through which we support more young people in uniformed youth groups lo engage in their local heritage in a way that is meaningful lo them. We know that young people want to feel connected to their local community. findings which were backed by that of the National Youth Strategy. Therefore this work is more important than ever. This work has suppMed organisalions such as Historic Houses and English Heritage lo look al their offer for all young people, but specifically the needs of groups from unifomied youth. Working young people from uniformed youth groups has enabled both organisalion to come up wlh specific offers lo attract groups in an engaging and youth centred way to their siles. On the other side we have given out eight micro grants which have enabled young people lo explore heritsge in their own way. This has seen the imagination and crealivily of young people flourish in the way that they have engaged. The crealivily of young people shone through-. there have been escape rooms created around a museum exhibition., the lives, both British and Gemian, of the people lost in Wodd War 11 plane crashes in Northumberland investigated,. and a young people helping lo restore a Fire Boat. Regional Groups Our links lo the neMork of regional Youth United IYUI and Youth Organisations in Unifomi (YOU} continue to grow stronger. This year, we have hosted quarterfy virtual meetings where the groups can share ideas, successes, and help each other move forward. I see such potential lo wort with more regional groups like this th even more collaboration with the Lord Lieutenants. l am grateful for the continued patronage of His Majesty the King for the charity. His Majesty conbnues to be deeply interested in supporting the pjsitive outcomes that participation in unifomied yOLrth gives to young people. Lcx)king fotward. we are pleased lo have come together wlh the Networf( to agree an exciting strategy which 11 see Youth United Foundation play a significant role in uniting the sector and supporting them to continue to grow and support more young people with trusted and trained adult volunteers. We look forward to seeing the delivery of the National Youth Strategy and the role that our Network has to play. We will conts'nue to sup the Network to increase access and to attract adult volunteers. Baroness D J Morgan Chalr t)ate'. 23 Jun 2026 Page 2
YOUTH UNITED FOUNDATION (A cornpany limited by guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 The Trustees present their annu81 report together with the financial statements of the Company for the year 1 October 2024 to 30 September 2025. The Annual report serves the purposes of both a Trustees, report and a directors, report under company law. The Trustees confirm that the AnnLJal report and financial statements of the Charitable company Comply wth the current *8tulory quIrements, the requirements of the charitable company's goveming document and Ihe provisions of the Statement of Recommended Practice ISORPI applicable lo charities preparing Iheir accounts In accordance wth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS102} (effective 1 January 20191- sin the group and the Company qualify as small under section 383 of the Companies Acl 2006, Ihe Group strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors. Report) Regulations 2013 has been omitted. Objoctivos and activitios a. Our vision and mission Youth United Foundation exists to improve outcomes for young people, regardless of background, by expanding access lo uniforned youth groups. In setting objectives and planning for activities, the Trustees have given due consideration to generdl guidan published by the Charity Commission relating to public benefit, including the guidance 'Public benefit". running a charity {PB21'. Our member organisabons are- Am)y Cadet Force. Fire Cadets, Gidguiding. Jewish Lads, and Girls, Brigade, RAF Air Cadets, Sea Cadets, St John Ambulance. The Boys, Brigade, The Gids, Brigade England & Wales, The Scout Association and Volunteer Police Cadets. Membership applications go through due diligence and a vote from existing member organisations. Membership of the Youth United Network is open to any UK-focused organisation that meels the following cnleria: National governance, a trusted reputation and charitable objectives., Common, structured activities that are fun, engaging and inclusive., Progressive programmes where young people can advance into leadership., Focus on youth development (ranging from ages 4-251., Adult volunteering and social action as key parts of delivery,. and A shared, required uniform. These established, national voluntary youth organisations come together under the Youth United banner to collaborate and where possible, to grow their provision, especially in areas and communities where there is less tradition of unifom)ed youth activity. Between them they support over 1 million young people with 250,000 adult volunteers. They fomi a powerful Network which increases their joint understanding on common issues. realises the benefits of collaboration and then, through each of their inlemal structures. SLJPPOrts local activity. Each member of the Youth United Network remains an independent organisalion. working to alIse its individual aims and objectives. The role of the Foundation is lo secure and administer funding in an efficient and effective way lo enable the creation of new unifom)ed youth groups where they are most needed. We also work lo serve as the voice of the sector, as the collective impact is greater than any individual organisation. Furthermore, we work wth the netwod( to support collaboration, Sha knowledge and enable as many young people as possible lo benefit from joining groups. Page 3
YOUTH UNITED FOUNDATION (A cornpany limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Objèetivos and activities (continuod) b. Charftable objects The Youth United Foundation's objects, as sel out in its Articles of Association. are for the public benefit to promote the emotional, spiritual, physical, intellectual. and social development of young people I"Beneficiaries"I, by pursuing any lawtul charitsble purposes at the discretion of the Trustees and in particular.. The advancement of citizenship or community development by promotiTW OPPOrtunilies for the development, education and support of Beneficiaries in need to lead purposeful, stable and fulfilled lives., The advancement of education of Benefiaaries by the provision, encouragement and promotion of education, instruction. training, entrepreneurship or engaging in a profession, trade, craft or service,. The prevention or relief of poverty of Beneficiaries through the provision of assistance linduding financial assistance).. and The advancement of health by promoting and protecting the health, morale. confidence, well-being, skills and abilities of Beneficiaries who are deemed vulnerable. The Foundation aims to deliver these objects by making il possible for every young person in the UK lo lake part in uniformed youth activities through one of ils member organisations. Convening and 5UPPOrting tho Ngtwork The Foundation has a vital role lo play in both convening and supporting the Network. Regular meetings are held with all of the Network organisation Chief Executive Officers or their senior representatives. The meetings provide a forum to discuss strategy, policy and to share ideas and concerns. The strength which comes from sharing and discussing issues which are common to all of our Network members is not lo be underestimated_ As explained below, the Foundation's role in convening and supporting these meetings has been particularly important during the pandemic, when meetings have been held on a fortnightly basis to facilitste knedge sharing and joint problem solving. The Foundation also provides a platform for disseminating information lo the NeIOrk on key issues such as safely, safeguarding, policy changes and key youth work developments. The Foundation maintains a focus on evaluating the impacts of our investment across the NeMr*rk. Achievements and perfOanCe a. Projects and partnerships This year, we have continued to foster several impacfful partnerships with esteemed organisations to which improve outcomes for young people through unifoThed youth groups. DCMS Unifonned Youth Fund: sin 2022 10 its close in 2025 the fund wll have created over 30,000 new plaS for young people and recruited and trained close to 7,000 trusted adult volunteers. The majority of these opportunities for young people have been created in areas with Indices of Multiple Deprivation {IMDI 1-5. Others have been set up to support 5CIfiC groups including widening access for diverse community including increasing ethnic diversity and supporting young people with disabilities to access provision. Page 4
YOUTH UNITED FOUNDATION (A cornpany limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 A¢hiovèmènts and pèrfomian¢o (continu) Royal British Logion: Continuing our longstanding tradition, we partnered with the Royal British Legion to engage young people from uniformed youth organisations in membranCe activities. This ¢ulminaled in a powerful display of resped, with 500 young people from various Network organisations proudly participating in the Y column al the Cenotaph commemoration event in London. Hi$tori¢ England: Historic England provides ongoing support that enables young people in unifomied youth groups to engage wth local heritage in meaningful ways. Evidence indicates that young people value stronger connections to their communities, a theme also reflected in the National Youth Strategy. Through the Heritsge Youth Partnership, the Foundation supports organisalions such as Historic Houses and English Heritage in reviewng and developing their offer for young people, wlh particular attention to the nee(Is of unifomed youth groups. This collaboration has resulted in tailored, y0uth?ntred opportunities designed to encourage grnjp engagement wth heritage sites. The Foundation has also distributed a series of micro-grants that enable young people to explo heritage independently. These grants have supported a range of creative projects, including the development of escape rooms. investigations into the lives of British and Gemian individuals lost in World War 11 plane crashes in Northumberland, and involvement in the restoration of a historic fire boat. Reglonal Youth Unltod and Youth Organl$atlons In Unlfomi.. Our team aclively reached out to and connected with various organisalions that bring unifomied youth groups together at a regional (You London, You Wesl Midlands} or county level IYU Derbyshire, YU Cheshire). All these groups, with strong connections lo their local Lord Lieutenants, exemplify the power of collaboration between uniformed youth groups in sharing resour$ and knO¥edge. b. Looking forward In September 2025 we brought the Network together lo look forward and Cocate our slrategy for the latter part of the decade. As well as a collective vision of supporting as many young people as possible in the safest and most enriching way, we noted several key areas for collaboration. There was clear recognition that the individual organisations much in common and that by Wofking together they can achieve more, with greater speed. The views of the young people who participate in unifomied youth is an essential part of this process. We were delighted that several of our Youth Voice Advocates were able lo give u5 the benefit of their views. The result is a strategy which will take us to 2030 with a mission lo build a strong unifomied youth sector by fostering collaboration across our Network in the unifomied youth sector. We do thi5 to enhance its collective capacity lo reach every young person. through removing barriers to participation for both young people and adult volunteers. We look forward to launching this in spring. Page 5
YOUTH UNITED FOUNDATION (A cornpany limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Finan¢ial roViOW a. Going ¢on¢•m After making appropriate enquiries, the Trustees have a reasonable expectation thal the Charity has adequate resources lo Continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going con¢em basis in preparing the financial stalemenls. Further details regarding the adoption of the going concern basis can be found in the accounting policies. b. Report for the year For the year ende(130 September 2025, the Group generateil total income of £223,826 (2024 - £208,352) and incurred total expenditure of £200,042 12024 £195,872). The provision of grant management and administration *rVI$. provided by the subsidiary YUF Enterprises Limited, generated £65,921 12024 £118,142) of trading income and after trading expenditu of £28,942 {2024 - £55,715} contributed a surplus of £36,979 (2024 - £62,427}. The charitable expenditure amounted lo £171,100 12024 - £140,159) for the year, of which governance costs was £1,995 12024 - £3,360) and programme and support costs was £169,105 12024 - £136.7991. The Group's overall surplus for the year was £23,784 {2024 £12,480). The subsidiary company was incorporated in 2022 to provlde grant management services for a speciflc contract. This Contract came to an end on 31 March 2025. At that dale, the subsidiary company ceased trading, vAth all employees transferred lo Youth United Foundation. c. Rosorvos Every charity is required to disclose ils reserves policy. This is often phrased in tem)s of keeping sufficient unrestricted reserves lo fund a number of months nomial operations. Historically. under the terms of Youth United grants from the Department of Comrllunities and Local Government and the Cabinet Office, the Charity did not generate surplus reserves as the monies were primarily for restricted purposes. As a result, Youth United did not operate with significant levels of unrestricted funds. At 30 September 2025, Youth United had unrestricted funds of £213,716 {2024 - £186,140) available to support the Foundation's charitable objective5, and reslricled reserves of £4,155 {2024 - £7,947) primarily related to grant funding for t0 ongoing projects, Historic England ar DCMS, which will be spent in the 2025126 financial period. The Trustees continue to review the Foundation's reserves policy. Based on current activity levels, the Trustees aim to maintain minimum reserves equivalent to 6 months unrestricted expenditure, approximately £40.0, which is sufficient lo allow the Foundation lo continue to seek funding commitments and meet future expenditure and liabilities. At 30 September 2025, the target level of reserves was exceeded which provides further assurance that the Foundation is able lo meet ils expenditure and pay ils liabilities as they fall due. Page 6
YOUTH UNITED FOUNDATION (A cornpany limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 d. Principal risks and un¢ortainti•$ The Trustees have asse&8ed Ihe major risks to which Youth United Foundation is exposed, in particular those relating to speufic operations and finances and wider strategic risks. As with many charities and membership bodies, the organisalion's major risks are around.. Financial sustainability., Adhence to grant conditions., Maintaining Sufficient resources given funding uncertainties., Maintenance of poslive and pr(Kluctive relationships wlh its members., and Changes in public policy towards the youth sector which could result in less alignment between our objectives and those of Govemment as a funder. The Trustees believe that by ensuring controls exist over key financial systems, and by examining the operational and business risks faced by the Charity. they have established effective systems to mitigate these risks. Additionally, the Trustees have led the development of a new risk management system which involves regular review of identified risks and issues and assessment of the effectiveness of risk mitigation. The Charity has purchased insurance to protect il from any loss arising from the neglect or defaults of its Trustees, employees and agents and to indemnify the Trustees or other officers against the conseqLJences of any neglect or default on their part. The Insuran premium provides cover for up to a maximum of £5 million. e. Fund raising The Foundation dces not fundraise directly with individuals and therefore is not registered wlh the Fundraising Regulator. When donations from individuals are received the Foundation aims lo protect personal data and never sells data or swaps data wlh other organisations. The Charity manages ils owns fundraising activities. The Foundation undertakes lo react to and investigate any complaints regarding its fundraising activities and to learn from them and improve ils servi. During the year ended 30 September 2025, the Foundation received no complaints about ils fundraising activities. f. Trustee remuneratlon The Trustees, who are also directors of the Company, are respon&ble for directing, controlling and operating the Foundation on a day-to-day basis. All Trustees give their lime freely and no Trustee received remuneration in either the current or prior year. No out of pocket expenses were claimed by Trustees during the year12024 £Nil). Structure, governance and management a. Constltutlon Youth United Foundalion is registered as a charitable company limited by guarantee and was set up by a Trusl deed. Page 7
YOUTH UNITED FOUNDATION (A cornpany limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Slru¢tur•, gov•rnan¢o and managemgnt l¢ontinuodl b. Mothod$ of appointm•nt or ol•¢tion of Trustges As sel out in the Articles of Association, the Youth Uniled Foundation musl have at lease three and no more than 11 Trustees. Up to two of the Trustees may be appointed upon nomination of the Youth United Network and up lo nine may be appointed by the Trustees. The Chair is also appointed by the Trustees. The Foundation's Ttuslees ale also directors of the Youth United Foundab"on for the puiposes of company law. c. Stowardship and support during 202425 The Board of Trustees met four limes during the period covered by this report. Key issues dIscud included.. Delivery against KPIS on key, funded projects including our contract wth Groundwork for work as Grant Administrators, DCMS Grant from Uniformed Youth Fund, and the Heritage Youth Partnership Grant from Groundwork., The ongoing financial viability of Ihe Foundation, including regular review5 of income and expenditure., Key risks including those presented through the operational delivery of YUF Enterprises; and Ensuring a clear scheme of delegation was in place including matters reserved for board and regular reviews of policies reserved for board approval. d. Trustee Inductlon and developmenl There were two new Trustees apwinted during in the reporting period and one resignation. The Foundation's practice is for new land as required existing) Trustees to be briefed by co-Truslees, the Director, and the Financial Consultant on their legal obligations under charity aThJ company law and on= Charity Commissioll guidance on public benefit., Contents of the Memorandum and Articles of Association., Decision-making processes and delegations,. and strategy plans and recent financial perfomiance. Reference documenlation is provided lo support briefings with updates being issued as required. Trustees are also encouraged to meet key employees, visit uniformed youth groups, and un(Jertake training or attend courses which are relevant to the development of their role and to maintain currency wth legislative and regulatory requirements_ None of Ihe Trustees receive remuneration or other financial benefit from their work th the Youth United Foundation. e. Organisation The Board of Trustees direct the strategy for the Foundation. 11 noallY meets five times a year, and at least quarterly. The Board was chaired by Alex Peace-Gadsby in the year as Interim Chair. A new permanent Chair, Baroness Delyth Morgan, who is independent of any connection with the members of the Youth United Network, was appointed in January 2025. An OperatonS Director is appointed by the Trustees to manage the day-to-day operations of the charity, covering operational matters including project, finance and Network engagement. Page 8
YOUTH UNITED FOUNDATION (A cornpany limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Slru¢tur•, gov•rnan¢o and managemgnt l¢ontinuodl Relationship with th? Youth United Network The Youth United Foundation is closely entw.ned with and works to support the Youth United Network. The two work logether co-operatively as Youth United. Network member organisations or their appoinled representatives are members of the Foundation and nominate up lo two of the Foundation's Trustees. The Chair of the Board of Trustees attends Network meetings, which are Chaired either by the Foundation's Director or the Chair of Trustees. The Network also receives operational, secretarial and advisory SUPFXKt from the Foundation's staff. Stat•m•nt of Truste•s' responsibilities The Trustees {who are also the d1ClOr$ of the Company for the purposes of company lawl are respYJnsible for pparIng the Trustees. report and the financial statements in accordance wlh applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Praclicel. Company law requires the Trustees lo prepare financial statements for each financial . Under company law. the Trustees musl not approve the financial statements unless they are satisfied that they give a true and fair view of the slate of affairs of the Group and the Company and of their incoming resources and application of resources. including their income and expendilure, for thal period. In preparing these financial statements. the Trustees are required to.. select suitable accounting policies and then apply them consstenlly,. observe the methods and principles of the Charities SORP IFRS 1021., make judgments and accounting eslimales that are reasonable and prudent.. state whether applicable UK Accounting Standards {FRS 1021 have ten followed, subject to any material departures disclosed and explained in the financial statements., prepare the financial statements on the going concern bags unless it is inappropriate to presume that the Group wll continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient lo show and explain the Group and the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Group and the Company and enable them lo ensure that the financial statements comply with the Companies Act 2CX)6. They are also responsible for safeguarding the a18 of the Group and the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Trustees and signed on their behalf by.. Baroness D J Moryan Chair of Trustees Date.. 23 Jun 2026 Page 9
YOUTH UNITED FOUNDATION (A cornpany limited by guarantee) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 Independent examlner's report to the Trusteos of Youth Unlted Foundatlon {'tho Group'l I retx)rt lo the charity Tnjstees on my examination of the consolidated accounts of the Group comprising the Youth United Foundation I'the parent CompanV} and its subsidiary undertakings for the year ended 30 September 2025. Respon$ibiliti¢$ and basis of roport As the Tnjslees of the parent Company {8nd its directors for the purposes of company lawl you are responsible for the preparation of the consolidated accounts of the Group in accordan with the requirements of the Companies Act 2006 I'lhe 2006 Act'l and you have chosen to prepare consolidated accounts for the Group. You are satisfied that the accounts of both parent Company and the Group are not required by either company or charity law to be audited and have chosen instead lo have an independent examination. Having satisfied myself that the (x)nsolidaled accounts are not required lo be audiled under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Group's accounts carried out under section 152 of the Charities Act 2011 {'Ihe 2011 Acl'l. In carrying out my examination I have followed the Directions given by the Charity Commission under section 15215)Ibl of the 2011 Act. An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the accounts. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequenlly l express no option as to whether the consolidated accounts present a 'lrue and fairf view and my report is limited to Ihose specific matters set out in the independent examinef s slalemenl. Indopgndont exarniner's statgrngnt I have completed my examination. I corrfirm that no matters have come lo my attention in connection with the examination giving me cause lo believe.. accounting records were not kept in respect of the parent Company and its substdiaries as required by section 386 of the 2006 Act., or the accounts do not accord wth those records., or the accounts do not comply with the accounting requiremenls of section 396 of the 2006 Act other than any requirement thal the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination., or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended practi for accounting and reporting by charities lapplicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order lo enable a proper understsnding of the accounts to be reached. This report is made solely to the Company's Trustees, as a body. in accordance wlh Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I migm stale to the Companvs Trustees those matters l am required to state lo them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law. I do not accept or assume responsibility lo anyone other than the parent Company and the Companls Truslees as a body, for my work or for this report. Page 10
YOUTH UNITED FOUNDATION (A cornpany limited by guarantee) INDEPENDENT EXAMINER'S REPORT ICONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2025 Signed= Dated: 23 Jun 2026 Christopher Yeates FCA DChA Larklng Gowen LLP Chartered Accounlants Norwich Page 11
YOUTH UNITED FOUNDATION (A cornpany limited by guarantee) CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT} FOR THE YEAR ENDEO 30 SEPTEMBER 2025 Unrestricted funds 2025 Restricted funds 2025 Total funds 2025 Total funds 2024 Note Income from.. Donations and legacies Other trading activities Investments 17,676 6S,921 1,563 138.666 156.342 65,921 1,563 88,879 118. 142 1,331 Total Income 85,160 138,666 223,826 208.352 Expendlture on: Raising funds Charitable activities 28.942 171.100 55,713 t40,159 28,706 142.394 Total expendlture 57,648 142,394 200,042 195,872 Ngt incomelloxponditurg) Transfers beljveen funds 27,512 {3,728) {64) 23.784 12,480 15 N•t movement in fund$ 27,576 {3,792) 23.784 12,480 Reconciliation of fvnds: Total funds brought forward as previously slated 186,140 7.947 194.087 781,607 Total funds brought forward as restated Net movement in funds 186,140 27,576 7,947 {3,792) 194,087 23,784 181.607 12.480 Total funds cabTled fop•vard 213,716 4,155 217,871 t94,087 The Consolidated slalement of finanaal activities includes all gains and losses recognised in the year. The notes on pages 16 to 30 form part of these financial statemenls. Page 12
YOUTH UNITED FOUNDATION (A cornpany limited by guarantee) REGISTERED NUMBER: 07983862 CONSOLIDATED BALANCE SHEET AS AT 30 SEPTEMBER 2025 2025 2024 Note Current assets Deblors Cash al bank and in hand 13 30.691 197.031 30, 749 187, 737 227,722 218,480 Current Ilabllltles Creditors.. amounts falling due within one year 14 {9,851) (24,393J N&t current assets 217,871 194.087 Total assotsloss curront liabilities 217,871 794,087 Total net assets 217.871 194,087 Charlty funds Restricted funds Unrestricled funds 15 15 4,155 213,716 7,947 186,140 Total funds 217.871 794,087 The Company was entitled lo exemption from audit under sects'on 477 of the Companies Act 2006. The members have not required the company to obtain an audit for the year in question in accordance with sectson 476 of Companies Act 2006. The Trustees aCknOedge their responsbilities for complying with the requirements of the Act wlh respect to accounting records and preparation of financial statements. The financial statements have been prepared in accordance w*th the provisions applicable to entities subject to the small companies regime. The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by= Baroness D J Moryan Chair of Trustees Date.. 23 Jun 2026 The notes on pages 16 to 30 form part of these financial statements. Page 13
YOUTH UNITED FOUNDATION (A cornpany limited by guarantee) REGISTERED NUMBER: 07983862 COMPANY BALANCE SHEET AS AT 30 SEPTEMBER 2025 2025 2024 Note Flxed assets Investments 12 Current assets Debtors Cash al bank and in hand 13 30.736 196.936 61,099 149, 124 227,672 210.223 Curront Ilabilitios Creditors.. amounts falling due within one year 14 {9,8021 (16. 137J Net current assets 217,870 194.086 Total assots lass currant Ilabllltlos 217,871 t94.087 Total not assots 217,871 194,087 Charfty funds Restricted funds Unreskncled funds 15 15 4,219 213.652 7.947 186,140 Total funds 217.871 194,087 Page 14
YOUTH UNITED FOUNDATION (A cornpany limited by guarantee) REGISTERED NUMBER: 07983862 COMPANY BALANCE SHEET (CONTINUED) AS AT 30 SEPTEMBER 2025 The Company's nel movement in funds for the year was £23,784 (2024 - £72,478). The Company was entitled to exemption from audit under sects'on 477 of the Companies Act 2006. The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006. The Trustees aCknOedge their respon&bilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to enlilies subject to the small companies regime. The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by= Baroness D J Moryan Chair of Trustees Date.. 23 Jun 2026 The notes on pages 16 to 30 fom) part of these financial statements. Page 15
YOUTH UNITED FOUNDATION (A cornpany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 General Informatlon Youth United Foundation is a private company limited by guarantee, incorporated in England and Wales. The registered office is 200b Lambelh Road, London, SE17JY. Accountlng pollcSes 2.1 Basis of preparation of financial statpmgnts The financial statements have been prepared in accor(lance with the Charities SORP IFRS 1021- Accounting and Reportin9 by Charities.. Statement of Recommended practi applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective 1 January 20191, the Financial Reporting Standard applIcate in the UK and Republic of Ireland IFRS 102) and the Companies Act 2006. Youth United Foundation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially rec¢)Jnised at historical cost or transaction value unless otherwise slated in the relevant accounting policy. The Consolidated statement of financial activities (SOFA} and Consolidated balan sheet consolidate the financial statements of the Company and ils subsidiary undertaking. The results of the subsbdiary a consolidaled on a line by line bass. The Company has taken advantage of the exemption allowe(l under section 408 of the Companies Act 2006 and has not presented its own Statement of financial activities in these financial slalements. The financial slalements are presented in British Pounds Slerfing (£1, which is the Charity's functional currency. and have been rounded to the nearest £. 2.2 Going concern The financial statements have been prepared on a going concern basis. The Trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient for the Group to be able to contsnue as a going concern. 2.3 Income All income is recognised On the Company has entitlement to the income, it is probable that the income will be received and the amount of income re1vable can be measured reliably. Grants are included in the Consolidated statement of financial activities on a receivable basis. The balan of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, ils reccxJnilion is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued. Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable. Page 16
YOUTH UNITED FOUNDATION (A cornpany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Accountlng pollcles Icontlnuedl 2.4 Expendlture Expenditure is recognised On there is a legal or conslruclive obligation to transfer eo)nomic benefit to a third party. it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs. including support costs involved in undertaking each activity. Direct costs attributable lo a single activity are allocated directly lo that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent wth the use of resources. Central stsff costs are allocated on the basis of lime spent, and depreciation charges allocated on the portion of the asset's use. Expenditure on raising funds indudes all expenditure incurred by the Group to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charilable trading. Expenditure on charitable activities is incurred on directly undertaking the activities which further the Group's objectives. as well as any associated support costs. Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met al the year end are noted as a commitment, bul not accnjed as expenditure. All expendibjre is inclusive of irrecoverable VAT. 2.5 Interest receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Group., this is normally upon notification of the interest paid or payable by the institution wth whom the funds are deposited. 2.6 Investments Investments in subsidiaries are valued al cost less provision for impairment. 2.7 Debtors Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid nel of any trade discounts dLJe. 2.8 Cash at bank and In hand Cash at bank and in hand includes cash and short-temi highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar accounl. Page 17
YOUTH UNITED FOUNDATION (A cornpany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Accountlng pollcSes Icontlnuedl 2.9 Llabllltles and provlslons Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of e(x)nomic benefit will be required in setuement, and the amount of the settlement can be eslimaled rel13y. Liabilities are recognised al the amount that the Company anticipates it will pay to Settle the debt or the amounl it has received as advanced payments for the goods or services il mua provide. Provisions a measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is ba*d on the present value of those amounts, discounted al the pre-tax discount rate that reflects the risks specific to the liability. The unwnding of the discount is cOgnised in the Consolidated stslemenl of financial activities as a finance cost. 2.10 Financial instruments The Group only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured al their settlement value. 2.11 Ponsions The Group operates a éefined contribution pension scheme and the pension charge rewesents the amounts payable by the Group to the fund in respect of the year. 2.12 Fund accounting General fur5 are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Group and which have not been designated for other purposes. Restricted funds are funds which are lo be used in accordan with specific restrictions imposed by donors or which have been raised by the Group for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is sel out in the notes lo the financial statements. Investment income. gains and losses are allocated to the appropriate fund. Page 18
YOUTH UNITED FOUNDATION (A cornpany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Income frorn donatlons and legacles Unrestrlcted Restrlcted funds funds 2025 2025 Total funds 2025 Grants Historic England Department for Culture, Media & Sport 14,501 3,175 82,570 56,096 97,071 59,271 17,676 138,666 156,342 Unrestricted funds 2024 Restricted funds 2024 Total fvnds 2024 Grants Historic England Southmoor School 6.779 57,000 25.100 63,779 25.100 6,779 82,100 88,879 Income from other trading activities Unrestricted funds 2025 Total funds 2025 Grant management services 65,921 65,921 Unrestricted funds 2024 Total fvnds 2024 Grant management seNices I f 8. 142 118. 142 Page 19
YOUTH UNITED FOUNDATION (A cornpany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Investment Incorne Unrestrlcted funds 2025 Total funds 2025 Bank interest 1,563 1,563 Unrestricted funds 2024 Total fvnds 2024 Bank interest 1.331 1,331 Analysls of grants Grants to Instltutlons 2025 Total funds 2025 Micro and Youth Ambassador grants 5,807 5,807 Grants to Institutions 2024 Total funds 2024 Grant to Soulhmoor School 25,100 25,100 Page 20
YOUTH UNITED FOUNDATION (A cornpany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Analysls of expandlture on charltable actlvltles Summary by fund typo Unrestricted Rèstrictad fund$ funds 2025 2025 Total 2025 Direct consultancy fees Micro and Youth Ambassador grants Support costs 39,869 5,807 96,718 39,869 5,807 125,424 28,706 28,706 142,394 171,100 Unrestricted funds 2024 Restricted funds 2024 Total 2024 Direct consultancy fees Grant lo Soulhmoor School Support costs Cancelled contnbution from netsvork members 550 24,879 25,100 24,874 25,429 25,100 71,630 18.000 46, 756 18,000 65,306 74,853 140, 159 In 2019 a decision was taken lo raise funds from the Nefv40Tk organisalions over the followng 3 years lo fill a gap in funding caused by a pause in DCMS funding to the uniformed youth sector and thus the Charity. This decision predates the current management and the majority of current Iruslees. In the third year, 2022, il was not possible to obtain payment for the sums oulslanding. As a result the Trustees have accepted the need to provide in full for the outstanding sums. This resulted in a £18.000 'canlled contribution lo nerk members, expense in the pnor year as noted above. Page 21
YOUTH UNITED FOUNDATION (A cornpany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Analysls of expandlture by actlvltles Activitios undertakon directly 2025 Grant funding of activities 2025 Support costs 2025 Total funds 2025 Consultancy fees and project delivery Micro and Youth Ambassador grants Support costs (see below) 39,869 39,869 5,807 125,424 5.807 125,424 39,869 5,807 125,424 171,100 Activities undert8ken directly 2024 Grant fvnding ol activities 2024 Support costs 2024 Total funds 2024 Consultancy fees Grant lo Southmoor School Support costs (see lOw) Contribution to network members 25,429 25,429 25,100 71,630 18.000 25,700 71,630 18,000 43,429 25,100 71,630 140,159 Page 22
YOUTH UNITED FOUNDATION (A cornpany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Analysls of expendlture by actlvltles Icontlnued) Analysls of support costs Total funds 2025 Total funds 2024 Staff costs Travel and subsistence Computer costs Management costs Handling fees Bcxjkkeeping Insurance Bank charges Other costs Premises and office costs Consultancy fees Governan Isee note 91 Recruitment 65,957 7.526 10,170 1S,896 1.780 6.566 1,740 374 122 2,500 9.417 1,995 1,381 26,787 4,859 6,255 4.253 2,526 4, 725 1,316 353 227 1,667 15,302 3.360 125.424 71,630 Independent examlner's remuneratlon 2025 2024 Fees payable to the Company's independent examiner for the indeFendent examination of the Company's annual accounts Fees payable to the Company's independent examlner in respect of.. Preparation of the subsidiary accounts I taxation advisory services not included above 3,050 2.950 1.225 615 1,200 600 Page 23
YOUTH UNITED FOUNDATION (A cornpany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 10. Staff costs Group 2025 Group 2024 Company 2025 Company 2024 Wages and salaries Social security costs Contribution lo defined contribution pension schemes 78.337 910 57,455 64.413 325 26,537 1,775 1,350 1,219 250 81.022 58.805 65.957 26,787 The average number of persons employed by the Company during the year was as follows.. Group 2025 No. Group 2024 No. Company 2025 No. Company 2024 No. Employees The employees, time was allocated beeen the parent company and the subsidiary until March 2025 th all costs allocated to the parent company from April 2025. No employee received remuneration amounting to more than £60.000 in either year. The Operations Director, together wlh the trustees, is considered key management personnel. The total remuneration of the Operations Director for the year ended 30 September 2025 was £32,448 12024 £31,2(X)l. Additionally pension payments of £78612024 - £7491 were paid by the Group in relation lo this director. 11. Trustoes. remuneration and oxpensos Durlng the year, no Trustees received any remuneration or other benefits (2024- £NIL). During the year ended 30 September 2025, no Trustee expenses have bn incurred (2024 - £NIL). Page 24
YOUTH UNITED FOUNDATION (A cornpany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 12. Flxed asset Investments Investments subsldlary companies Company Cost or valuation At 1 October 2024 At 30 September 2025 Ngt book valug At 30 September 2025 At 30 September 2024 Principal subsidiaries The following was a subsidiary undertaking of the Company.. Name Company number Class of shares Holding Included in consolidation YUF Enterprises Limited 14510586 Ordinary 100410 Yes The financial results of the subsidiary for the year were.. Name Income Expendlture Proflt for the year Net assets YUF Enterprises Limited 65,921 {28,942) 36,979 The registered office of YUF Enterprises Limited is 200b Lambeth Road, London, SE17JY. Page 25
YOUTH UNITED FOUNDATION (A cornpany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 13. Debtors Group 2025 Group Company 2024 2025 Comp8ny 2024 Due within one year Trade debtors Amounts owed by group undertakings Other debtors Prepayments and accrued income 555 375 60,066 436 391 30,300 30,194 30,300 658 30.691 30, 749 30.736 61,099 14. Credltors: Arnounts falllng due wlthln one year Group 2025 Group 2024 Company 2025 Company 2024 Trade creditors Other taxation and social security Other creditors Accrual8 and deferred income 4,833 6,177 5,875 4,833 5,296 488 4,481 4,$30 12,341 10.84t 9.851 24,393 9.802 16, 137 Page 26
YOUTH UNITED FOUNDATION (A cornpany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 15. Statement of funds Statement of funds - current year Balance at 30 Transfers September Inlout 2025 Balance at 1 October 2024 Income Expendltur8 Unrestricted funds General Funds- all funds 186,140 85,160 157,648) 213,716 Restrlcted fund$ Historic England - Youth Heritage Historic England- Design Historic England- Uniled We Sland DCMS 7,947 39.135 3,111 147,018) {3,111) (641 40,324 56,096 136,169) 156,096) 4,155 7,947 138.666 1142,394) (641 4,155 Total of funds 194,087 223.826 1200,042) 217,871 Page 27
YOUTH UNITED FOUNDATION (A cornpany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 15. Statement of funds {contlnuedl Statement of funds - prlor year As restated Balance at I Octobei 2023 Balance at 30 September 2024 TTrnsfers in/out Income Expenditu Unrestricted funds General Funds- all funds 174.458 126,252 (121.019) 6.449 t86.140 Restrlcted funds Historic England- Youth Heritsge Royal London I Silver United DCMS Southmoor Schcd 390 4,859 1.900 57,000 (49, 753) 310 (4.859) (1.900J 7,947 25, 100 (25, 100) 7, 149 82, 100 (74,853) {6,449J 7,947 Total of funds t81,607 208,352 (195.872) 194,087 Page 28
YOUTH UNITED FOUNDATION (A cornpany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 15. Statement of funds {contlnuedl Restrlcted Funds: Historic England Youth Heritage Grant funding towards the cost of the "Youth Potential. project. designed to build heritage capacity within the youth sector to better protect and value our heritsge. Historic England Design- Grant funding towards project design. Historic England United We Sland - Grant funding towards the cost of the 'Uniled We Stand" project. th the aim of bridging divides wlh youth social action, shared heritage and a stronger future. Royal London I Silver United - Funding for the delivery of a pilot of the Silver United Project which commenced in April 2022 and completed in prior year. DCMS - Funding from the Department for Culture. Media & Sport towards the cost of projects supporting Unifomied Youth Organisalions. Southmoor School - Funding received fmm the Prince of Wales Charitable Foundation to be passed on to Soulhmoor SchCX for their Royal Air Force Mr Cadets. Unrestrictad Funds: General funds of the Chaflty. 16. Analysis of net assets between funds Analysis of net assets between funds - current year Unrestricted Restricted funds funds 2025 2025 Total funds 2025 Current assets Creditors due within one year 223,567 {9,8511 4,155 227,722 19,8511 Total 213,716 4,155 217,871 Page 29
YOUTH UNITED FOUNDATION (A cornpany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 16. Analysls of net assets between funds (contlnued) Analysls of net assets between funds - prlor year Unrestricte funds 2024 Restricted funds 2024 Total funds 2024 Current assets Creditors due wlhin one year 210,533 (24,393) 7.947 218,480 (24,393) Total 186, 140 7,947 194,087 17. Penslon commltments The Group operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the Group in an independently administered fund. The pension cost charge represents contributions payable by the Group lo the fund and amounted to £1,775 12024 - £1,350). Contributions tolalling £488 {2024 £Nil) were payable lo the fund al the balance sheet dale and are induded in creditors. 18. Members. IlabS11ty Each member of the charitable company undertakes to contribute to the assets of the Company in the event of il being wound up while helshe is a member, or wlhin one year after helshe aSeS lo be a member. an amount not exedIng £1. 19. Related party transactlons The Foundation entered into the following transactions in the year ended 30 September 2025.. An amount of £2,500 12024 - £2,292) was paid lo the Marine Society & Sea Cadets IMSSC) for sundry expenses. MSSC is one of the Network members of Youth United Foundation. The Foundation made payments tolalling £1.750 12024 £5,327) to EMS3 Limited for consultancy services. E Shery, a Trustee of the Foundation is a director and controlling party of EMS3 Limited. A gift aid payment of £36,979 (2024 £62,427) was receivable from YUF Enterprises Limited, the Foundation's 100% subsidiary company. At 30 September 2025 £436 12024 £60,066) was due from YUF Enterprises Limited lo the Foundation, comprising mostly accrued gift aid. 20. Controlling party The Trustees are members of the charitable company together with representatives from Nerk organisalions. There is no overall controlling paty- Page 30