## **YOUNG CARERS DEVELOPMENT TRUST** 

**FINANCIAL STATEMENTS YEAR ENDED 30 SEPTEMBER 2025** 

**Company No. 07771110 Charity No. 1150197** 

## **YOUNG CARERS DEVELOPMENT TRUST REPORT of the TRUSTEES For the Year ended 30 September 2025** 

|**Contents**|**Page**|
|---|---|
|Introduction from Robert Cotton, Chair of Trustees|1|
|Reference and Admin Information|2|
|Report of the Trustees|3-15|
|Statement of Trustees’ Responsibilities|16|
|Independent Examiner’s Report to the Trustees|17|
|Statement of Financial Activities|18|
|Balance Sheet|19|
|Notes to the Financial Statements|20-28|



**YOUNG CARERS DEVELOPMENT TRUST REPORT OF THE BOARD OF DIRECTORS/TRUSTEES For the Year ended 30 September 2025** 

## **Introduction from Robert Cotton, Chair of Trustees** 

There is a saying from Africa: “It takes a village to raise a child.”  This is the opposite of the ‘nuclear family.’  All neighbours contribute to the upbringing of children. As a grandparent who lives close by to our only grandchild, I experience the truth of this, week by week. Parents can’t do it all on their own, either because of time, or money, or energy, or whatever. Nor should they have to. For a child to grow into a fully rounded adult, they need a variety of characters and role-models in their life. As part of the YCDT family, I see this truth in action through the work of the Development Mentors, as well as our staff. We provide support, enthusiasm, listening ears, wisdom and practical help. YCDT is part of the “village” that enables Young Carers to flourish and develop their remarkable and creative talents. 

Perhaps, also, we need to turn the saying around. “It takes a child to raise a village.”  We can learn from the fresh perspectives, the unusual questions and the novel approaches of children and young people. We become more fully human as we attend to the younger generation. This was evident at the YCDT reception held earlier this year at Bowood House. A YCDT Young Carer gave a speech about her experience of growing up, facing challenges as she contributed to her family life through supporting both her parents and her siblings, and overcoming emotional challenges so that she was able to start at university. This speech was remarkable and inspiring. I was challenged to expand my horizons and expectations. I felt that I left the evening a better person, having heard her share her journey. Such an uplifting example can be multiplied many times over, drawing on our work with all Young Carers at YCDT. 

Our annual report celebrates our YCDT village. Thank you to everyone who is part of our community. Our inspirational Young Carers who are at the heart of everything we do. Our staff, volunteers, and supporters who each contribute in their own unique and valuable way, and our generous donors whose kindness enables us to deliver our life changing programmes. An extra-special thank you to William Feeny who has stepped down as Treasurer after fulfilling the role at YCDT since its very early days. 

The achievements within this report are a powerful result of collective commitment and individual talents.  We look forward to the year ahead with reflection, enthusiasm, and momentum, ensuring that our core values to Nurture, Inspire, Achieve continue to support more Young Carers to flourish. 

We hope you enjoy finding out about YCDT. Do get in touch if you would like to know more. 

Best wishes 

## Robert 

Robert Cotton info@ycdt.org.uk 

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**YOUNG CARERS DEVELOPMENT TRUST REPORT OF THE BOARD OF DIRECTORS/TRUSTEES For the Year ended 30 September 2025** 

The Board has pleasure in presenting their annual report and financial statements for the year ended 30 SEPTEMBER 2025. 

## **Reference and Administrative Information** 

**Charity name** Young Carers Development Trust (YCDT) **Registered charity number** 1150197 **Company number** 07771110 **Registered address** 14 Queen Square, Bath, BA1 2HN **Directors / Trustees** Mr Robert Cotton, Chair Mrs Katie Barrett-Jolley (appointed 3 February 2025) Ms Emily Cook Mr Bernardo Dominguez Mr Thomas Mark Evans (appointed 15 July 2025) Mr William Feeny Ms Dione Hicks Ms Sonia Hutchison (resigned 8 October 2024) Mrs Andrea Pierce Ms Katy Philips (resigned 7 July 2025) Ms Amy Riley **Key Management Personnel** CEO, Karen Davis Charity Manager, Karina Eccles Service Manager, Georgia Prentice (appointed 6 January2025), Mel Rees Lewis (resigned 17 January 2025) **Independent Examiner** Joshua N Kingston BSc., FCA Burton Sweet Limited, Chartered Accountants The Clock Tower 5 Farleigh Court Flax Bourton Bristol BS48 1UR **Bankers** HSBC Bank PLC 45 Milson Street Bath BA1 1D The Charities Aid Foundation Deposit Platform, Flagstone Investment Management Ltd 26-27 Oxendon Street, London, SW1Y 4EL CAF Bank 25 Kings Hill Avenue West Malling, Kent ME19 4JQ 

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**YOUNG CARERS DEVELOPMENT TRUST REPORT OF THE BOARD OF DIRECTORS/TRUSTEES For the Year ended 30 September 2025** 

## **About Young Carers Development Trust** 

YCDT was established in 2012 in Wiltshire. It took its inspiration from the desire to give Young Carers the best possible life chances. Learning that only one Young Carer in West Wiltshire had ever been to university, the trustees of the charity resolved to support Young Carers by providing mentoring, academic support, careers, and further education guidance. 

Our charitable objects are to advance in life and relieve needs of young people through providing support and activities which develop their skills, capacities, and capabilities to enable them to participate in society as mature and responsible individuals. 

## **Our vision is for all Young Carers to flourish** 

## **Our mission is to inspire and empower Young Carers to fulfil their ambitions** 

Since 2012 YCDT has grown significantly, supporting an ever-increasing number of Young Carers and Young Adult Carers. We focus on Young Carers aged 14+ as this is a critical time in their education. There is no doubt our support is needed. Recent data released by the Department for Education[1] identified: 

- Young Carers missed on average more than a month of their education (23 days of school), compared to 13 days for other pupils. 

- Persistent absence amongst Young Carers is almost double (38%) that of classmates. 

- 45% of Young Carers at secondary school in England were persistently absent. This means they missed at least 10% of school. That’s one day of school every fortnight. 

- Fewer than half (45%) of young carers left secondary school with 5 GCSE passes including English and Maths. Young carers are 25% less likely than their peers without caring responsibilities to achieve this academic milestone.[ 2] 

- Just half of young carers (51%) finished school with GCSE passes in English and Maths, compared with 65% for non-young carers.[ 2] 

> 1 _Pupil absence in schools in England. Academic year 2023/24, Department for Education_ 

> _2 Caring and classes 2025:  young carers and attainment inequalities, McGowen, 2025_ 

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**YOUNG CARERS DEVELOPMENT TRUST REPORT OF THE BOARD OF DIRECTORS/TRUSTEES For the Year ended 30 September 2025** 

YCDT works tirelessly to address the negative impact caring has on Young Carers’ education, and the imbalance and lack of diversity of opportunity experienced by them due to their responsibilities. 

YCDT improves the future life chances of motivated Young Carers by: 

- building on their strengths and resilience 

- nurturing through long-term mentoring and personalised 1-1 support 

- enabling success in education and employment 

- encouraging Young Carers to become active, inspiring role models for others 

- raising awareness of the issues faced by Young Carers and Young Adult Carers 

> We have four programmes of work to achieve this mission. Long-Term Mentoring **,** 

Schools based Group Mentoring, an annual Aspirations Conference and an Ambassadors Programme for our alumni. 

The support offered by YCDT is unique. It provides 

- significant long-term commitment 

- support designed specifically for the individual 

- support offered over formative years (aged 14-19) 

- targeted at YCs with aspirations, ambitions and motivation who are nominated by those who know them well. 

## **Thank you to our Supporters and Donors** 

Our programmes are completely free to young people and schools. We have no government contracts and rely wholly on the generosity of individuals, business, and grant makers to give our Young Carers the opportunity to fulfil their potential. We are grateful to our supporters for the hundreds of generous personal donations and sponsorships. 

Our thanks also go to the trusts, foundations and organisations who have supported us this year. 

Alchemy Trust Marsh Charitable Trust Asda Foundation Medlock Charitable Trust Bath Boules Charitable Trust Mrs RP Tindall’s Charitable Trust Beatrice Laing Foundation Quartet Community Foundation BOM IT Solutions Ray Harris Charitable Trust Bradwell Methodist Church Ryklow Charitable Trust Carers Trust Scobell Charitable Trust Simon Petty-Fitzmaurice, Earl of Kerry Chippenham Borough Lands Charity Sir Jules Thorn Charitable Trust Denman Charitable Trust DWF Foundation Somerset Bridge Club Swire Charitable Trust Fitton Trust The 7 Stars Foundation Friendly Brothers of St Patrick Global Charities SW The Foyle Foundation Groundwork UK The Hobson Charity Jack Lane Charitable Trust The National Lottery Community Fund James Dyson Foundation The Nisbet Trust 

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**YOUNG CARERS DEVELOPMENT TRUST REPORT OF THE BOARD OF DIRECTORS/TRUSTEES For the Year ended 30 September 2025** 

The Robert McAlpine Foundation The Sackler Trust The Wakefield Trust Tula Trust University of Bath 

Violet Wills Will Charitable Trust Wiltshire & Swindon Community Foundation W O Street Foundation Woodward Charitable Trust 

## **Achievements and Performance** 

YCDT exists to inspire and empower Young Carers to fulfil their ambitions. We believe in the power of education to give Young People confidence and agency in their lives. A combination of practical support to remove obstacles and long-term encouragement has life changing impact. 

**“There have been practical differences made from Becky and YCDT – counselling (which made a huge difference), a laptop and chair to help back issues, and then practical help around thinking about uni and open days. I wouldn’t have gone to university without support – I would have stayed a fulltime carer for my mum. Becky helped me to see I could choose to go to university and that I could do it. I am the first person in my family to go – family are really pleased I went and mum is really proud.”** 

## **Long-Term Mentoring Programme** 

Since taking on its first Young Carers in 2013, YCDT has supported over 70 Young Carers through the Long-Term Mentoring Programme. 

**37** young carers were being supported at the beginning of the year. **7** reached their ‘graduation’ year, with **1** extension of support. **14** joined the programme in 2024/25, and a further **15** joining in 2025/26. **46** Young Carers will be actively supported by Easter 2026. 

Our mentors and staff support applications and transitions into new education pathways, celebrate exam results, and ensure 100% of our Young Carers successfully navigate college, university courses or apprenticeships. 

We are immensely proud of what Young Carers supported by YCDT have achieved. 100% of Young Carers in the programme are in Education Employment and Training. Of the Young Carers we have supported who are aged 18 plus, 87% have gone to Higher or Further Education, with 41% studying vocational courses (such as a carpentry apprenticeship) and 68% attending a university. 12% entered directly into employment, including working for the NHS, training as a Prison Officer and working for YCDT. 

Our unique, long-term commitment to Young Carers has long term impact. This is best described in the words of Cory who has recently graduated from the Long-Term Mentoring Programme: 

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**YOUNG CARERS DEVELOPMENT TRUST REPORT OF THE BOARD OF DIRECTORS/TRUSTEES For the Year ended 30 September 2025** 

**“Academically, at first I was predicted to get two GCSEs; I thought I’d go to college but I had no idea what I’d do. I was disengaged and missing a lot of school. The support I got in school didn’t work for me and couldn’t help me. The maths tuition and support from YCDT meant I could work really hard and get the grades I needed to do A levels and now I’m going to university. I think socially I’ve become a lot more confident. Even just meeting Peter meant I was getting out of the house and talking to someone else, and the YCDT social events meant I was meeting other young carers and talking to people with similar experiences. I used to struggle to speak to new people but I’m a lot better at it now. My expectations have widened and now I have bigger aspirations and I have options – I’m thinking about teaching or law and I’d never have even considered something like that before.”** 

A number of our Young Carers have attended private education on bursaries. Particular thanks go to the team at The Royal Springboard Charity who support a number of our Young Carers and Bath Academy who have been educating sixth formers on our programme for the past seven years. 

_Katy achieved A level grades that have enabled her to study Medicine. She started studying at Bristol University this September. An amazing achievement._ 

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**YOUNG CARERS DEVELOPMENT TRUST REPORT OF THE BOARD OF DIRECTORS/TRUSTEES For the Year ended 30 September 2025** 

Tuition remains a key part of the practical support we have provided this year. **17** young carers have had tuition support with **100%** of young carers saying that it helped make a difference to them. 

**"My history went from a 3 to a 9 and my maths went up to a 7 when I was stressed about passing and that maths grade was thanks to tuition paid for by you guys so thank you very much"** 

**"i’m so happy with the results thankyou and i couldn’t of done it without the tutoring from YCDT everything went better than i thought!!!"** 

## **Ambassador Programme & Young Carer Voice** 

The delivery of YCDT’s programmes could not happen without the insightful contributions and involvement of YCs and those with experience of caring for family members. Through our Youth Advisory Board, regular check-ins, and trustees with lived experience we ensure YC’s voices are heard. Plus, the design of our programmes and decisions made are influenced by YCs who are supported by YCDT. 

In addition, we value and recognise the skills, experience and confidence gained through volunteering and campaigning. YCDT encourages our Young Carers to get involved and make a difference.  Despite having huge demands on their time many of the Young Carers we support are actively involved. This includes being a Young Leader with Youth Action Wiltshire, ‘Voice Ambassador’ at Wiltshire Council, YCDT Peer Mentor, Social Media volunteer within YCDT and the sharing of achievements and stories at fund raising events. We are particularly proud of our Young Carers who are part of the All-Party Parliamentary Group (APPG) into removing the barriers to higher education, employment, and training for young adult carers. 

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**YOUNG CARERS DEVELOPMENT TRUST REPORT OF THE BOARD OF DIRECTORS/TRUSTEES For the Year ended 30 September 2025** 

The inquiry is led by APPG chair, Chris Vince MP, APPG Vice-Chair, Alison Bennett MP and three young adult carers. They are being supported by a group of 14 young adult carer youth advisors from across the country. Two of our young carers have contributed as youth advisors. The YCDT staff team has also contributed by submitting evidence, our CEO, Karen attended Portcullis House in London to give further evidence to the committee. The launch of the report is planned for January 2026. 

## **Volunteer Development Mentors** 

Crucial to the success of the Long-Term Programme are the amazing, dedicated volunteers who provide direct support to the Young Carers on this programme. Our 40 Development Mentors are part of small hubs, which enable connectivity with YCDT, give mentors the opportunity to share experiences and learn from one another plus help reduce feelings of isolation. Our Young Carers form strong relationships with their Development Mentors and hugely value the difference they make. Equally, our Development Mentors consistently report how rewarding it is to work with their mentee. Mentors become a trusted adult in a Young Carer’s life. Our experience reflects the research that shows a trusted adult significantly and positively impacts young people's education by improving academic performance, increasing engagement, raising educational aspirations, and building crucial resilience and self-confidence. 

**“Alison was always there if I needed practical help, but it was having someone to talk to that made the biggest difference. Being part of Springboard via the YCDT also made a big difference – e.g. going to Westminster to meet Princess Anne, and the trip to 10 Downing Street which was incredible. My work experience supported by YCDT with Ed Davey was also incredible, spending three days in London with him and his team.”** 

**"I still feel a great sense of privilege of being involved in somebody’s journey”** 

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**YOUNG CARERS DEVELOPMENT TRUST REPORT OF THE BOARD OF DIRECTORS/TRUSTEES For the Year ended 30 September 2025** 

## **Group Mentoring Programme** 

Thanks to the generosity of the National Lottery Community Fund, in 2024 YCDT received a 2-year grant of £181,000. In line with Charities SORP, the full grant value was recognised last financial year as income for 2024/25. This grant was to fund a pilot project for a new Group Mentoring Programme. The project was launched in February 2024, and covers Wiltshire, North Somerset, Bath & Northeast Somerset, Bristol & South Gloucestershire. 

Young Carers are referred by schools and attend mentoring workshops with their peers. Young Carers feedback has been really positive particularly about discovering their strengths, gaining confidence and future options for study and work. In addition, we have delivered awareness sessions and assemblies reaching over 1,200 pupils. Many schools don’t have dedicated support for young carers. Teaching staff are often unaware of the reason for young carers' low attendance, late homework, the need to keep a phone on them in school, being tired, feeling overwhelmed and other physical and mental health issues. Raising awareness supports Young Carers who benefit from teachers’ increased empathy and understanding, regardless of whether they engage in YCDT’s mentoring support. 

**"I liked being able to talk about and think about my future plans”** 

**“I like communicating there as it is a judgment free zone because we are all YC's, no-one else is going to mind if you are struggling as they have their own stuff.”** 

**“** _**The mentors understand the needs of Young Carers extremely well and have an open-minded approach to identifying what support will really make a difference to each young person. The way that they communicate with Young Carers is very empowering and respectful, and I feel that their approach provides a very astute balance of both acknowledging and recognising the barriers and struggles Young Carers face whilst also recognising the skills and abilities that Young Carers have gained from their varied experiences.**_ **”** 

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**YOUNG CARERS DEVELOPMENT TRUST REPORT OF THE BOARD OF DIRECTORS/TRUSTEES For the Year ended 30 September 2025** 

Running the pilot has been a rewarding learning process for YCDT and its partners. In particular, YCDT has developed some excellent relationships with schools. We will be using our learning and feedback from the pilot to inform the design of our future schools-based programmes. 

## **Aspirations Conference 2025** 

Our Annual Aspirations Conference for Young Carers has developed an excellent reputation. Generously hosted by the University of Bath, this year’s conference was another huge success. 

The day included hearing about the experiences of students who were also Young Carers. Bath University staff explained the support and flexibilities available to students with caring responsibilities. Plus a campus tour and a wide range of workshops meant the day was incredibly informative and affirming. 

The conference was attended by approximately 75 Young Carers plus 45 professionals working in the sector. Delivery partners and organisations supporting the conference included: Bath University, UWE, Bristol University, Bath Spa University, Into University, ASK Apprenticeships, Off The Record, and Resilience Voyage. 

Feedback was incredibly positive. 90% of Young Carers said they felt better informed about opportunities for Further and Higher Education. Many Young Carers reported they would now consider university, and they had a much better understanding of the sort of support available. 

We are looking forward to our 2026 Aspirations Conference on April 26, 2026, generously supported by the University of Bath. 

**“I’ve learnt that I will get support / extra help as a YC”** 

**“It's made me certain I want to go to university”** 

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**----- Start of picture text -----**<br>
“It's made me<br>more<br>confident to<br>go to<br>university”<br>**----- End of picture text -----**<br>


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## **YOUNG CARERS DEVELOPMENT TRUST REPORT OF THE BOARD OF DIRECTORS/TRUSTEES For the Year ended 30 September 2025** 

## **Community Fundraising** 

During 24/25 we have enthusiastically expanded our community and event fundraising, with many fun and enjoyable events. A huge thank you to everyone who walked, ran, quizzed, remembered, sponsored, and donated to YCDT. 

For the first time YCDT was represented at the Bath Half Marathon, with our super speedy runners raising awareness and funds for our work. 

A fundraising highlight of the year was held at Bowood House thanks to the generosity of the Earl and Countess of Kerry, the hard work of our volunteer Development Mentors and the contributions of our Young Carers. 

**“What a wonderfully uplifting evening. YCDT does such an amazing job and I am so proud to have been a very small part of this.”** 

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**YOUNG CARERS DEVELOPMENT TRUST REPORT OF THE BOARD OF DIRECTORS/TRUSTEES For the Year ended 30 September 2025** 

## **Financial Report 2025** 

Thanks to our donors, grant giving trusts, supporters and staff, we are confident that our reserves policy will ensure the financial stability and cash to support our Young Carers through their entire development programme, which may last for four or five years and include a year of post programme support. As in previous years the Trustees have reaffirmed and strengthened our prudent reserves policy so that we will not take on a Young Carer unless there are sufficient actual funds available for the full term and that the internal service management cost for new Young Carers in the first year of their programme shall be protected as designated funds to support delivery of the 4 or 5 year programme. 

This additional protection for our Young Carers, created in 2022, is a designated funds category of reserves to set aside additional amounts to cover the internal service management cost for new Young Carers in their first year of the programme. The Trustees have reviewed this reserve and maintained the designated funds provision previously agreed in 2023. After this adjustment, we will have free reserves to cover 4.8 (2024: 3.6) months of our core support costs. 

As a result of this policy, the Trust is confident the programme agreed with each Young Carer can be completed in full and without interruption. 

The sum of cash and investment balances at the end of the year was £253,282 (2024: £222,224) 

The commitments to our Young Carers are £115,569 (2024: £101,128) and together with the transferred service management costs of £34,000 which have been classified by the Trustees as designated funds, the total commitment is £149,569 (2024: £135,128). Furthermore, 53% (2024: 81%) of our cash and investments are protected as restricted or designated funds and no longer form part of our general free funds. 

Our investments are held through the Charities Aid Foundation Charity Deposit Platform (CAF) introduced by CAF Financial Solutions Ltd and provided by Flagstone Investment Management Ltd. This platform provides charities with a digital cash deposit solution to access multiple deposit accounts with different banks, higher interest rates, and better protection for cash reserves so that all balances are guaranteed by the Financial Services Compensation Board (FCS). 

This year YCDT has specifically sought to start diversifying its income from being largely supported by Trusts and Foundations. It now has two emerging income streams that we will continue to grow and develop: Community Fundraising and Business Support. 

Donations this year amounted to £21,129 (2024: £10,791). Income from Trusts and Foundations was £175,055 (2024: £306,028). Note £180,871 of the 2024 grant figure was from National Lottery Community Fund RC South West Region. Our investment in an additional member of the team to support with fundraising has been impactful, although we remain conscious that the increasing demand on these sources of funds from the charitable sector could affect future income. Donations from community fundraising, individual giving and corporate partners increased to £27,528 (2024: £16,051). 

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**YOUNG CARERS DEVELOPMENT TRUST REPORT OF THE BOARD OF DIRECTORS/TRUSTEES For the Year ended 30 September 2025** 

An increase in staff due to the appointment of a part time Fundraising and Marketing officer and the cost of the staff mentors for the Group Mentoring Programme for a complete financial year increased our expenditure on charitable activities. 

There was a deficit of income over expenditure for the year of £70,890 (2024: surplus of £121,320). This is due to the whole of the two-year funding from the National Lottery Community Foundation being recognised in the 2023/4 financial year, resulting in a restricted balance for the Group Mentoring Programme at the end of 2024 of £127,342. At the close of 2025, the restricted balances have reduced to £36,554 (2024: £131,382). 

## **Plans for 2026** 

Over 10 years of working with Young Carers, their families and their carer services have given us the practical experience to understand what the needs of our Young Carers are, and how working with Carer Services we can help and encourage them to strive for more ambitious goals and become active and inspiring ambassadors for others in similar circumstances. 

We are mid-way through our strategic plan which we developed in 2023/24. Trustees, staff, Young Carers, and stakeholders worked together to refresh the strategic plan for YCDT. Our priorities for the next three years will be to: 

- invest in our Long-term Mentoring Programme so that it continues to have a significant impact on positive life-chances of YCs. 

- manage the successful roll out and growth of the Group Mentoring Programme. 

- secure donations and income from a wider variety of sources. 

- prepare the organisational foundations for secure and scalable growth. 

- increase the profile and awareness of YCDT so we can achieve our mission. 

The revised Ofsted Framework and DfE data collection on Young Carer outcomes is providing a renewed focus on the challenges YCs face in education. We have appointed a member of staff to be our Group Mentoring Project Lead. They will build upon the invaluable learning and experience of running the Lottery pilot project. We are working towards creating a sustainable model that will have demonstrable impact on Young Carers engagement in education and be attractive to schools and funders. 

Our 2026 Aspirations Conference will be held in April in the Easter break, hosted by Bath University, and supported by UWE, Bath Spa and Bristol Universities and ASK Apprenticeships. 

The trustees are determined to ensure that our fundraising strategy continues to become further diversified and sustainable. This year YCDT has specifically focused on diversifying its income from being largely supported by Trusts and Foundations, it now has two emerging income streams that we will continue to develop, Community Fundraising and Business Support, with community fundraising being particularly strong. We will be ensuring our fundraising aligns with the new code of Fundraising Practice. 

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**YOUNG CARERS DEVELOPMENT TRUST REPORT OF THE BOARD OF DIRECTORS/TRUSTEES For the Year ended 30 September 2025** 

## **THE TRUSTEES** 

The Trustees give their time freely and receive no remuneration for the work that they undertake as Trustee of the Charity. However, they can claim expenses for costs they incur in fulfilling their duties. 

## **FINANCIAL RESERVES POLICY** 

The Trust's development strategy and financial reserves policy is governed by the following principles: 

- A firm commitment by Trustees to ensure there are sufficient actual and committed funds available to support beneficiaries through the long-term mentoring programme, which may last for four or five years and include a year of post programme support. 

- Trustees seek to produce the best financial return within an acceptable level of risk. As most assets are expected to be distributed to beneficiaries within four years, capital preservation is of paramount importance. 

- The establishment of a robust monitoring and evaluation programme, so that signs of system failure are promptly identified and corrected. 

- The maintenance of additional reserves sufficient to pay for the overhead of the Trust for between 3-6 months. 

The trustees consider that the ideal level of reserves as of 30th September 2025 would be between 3 to 6 months of support costs for the core programme. Excluding the designated reserve for internal costs, this equates to between £31,000 and £61,500. Free reserves at the end of the year were £63,017 (2024: £39,079) which slightly exceeds the Trustees target level of reserves. 

There are no material uncertainties about the charity’s ability to continue as a going concern. 

## **PUBLIC BENEFIT STATEMENT** 

In setting YCDT's objectives and planning its activities, the Trustees have given careful consideration to the Charity Commission’s public benefit guidance. We have considered how our planned activities will contribute to our vision and mission. All our charitable activities focus on assisting and supporting Young Carers who are providing a ‘significant level of care’ for a disabled or seriously ill family member and they are undertaken to further our charitable purposes for the public benefit. 

## **PAYMENTS ON BEHALF OF INDIVIDUALS** 

Payments for services and support on behalf of individuals are considered by the trustees based on need. YCDT supports individuals who have potential but are unlikely to succeed without targeted support. Most payments for our Young Carers are for tutoring, counselling, mental health support, education, and wider learning costs. 

## **SAFEGUARDING** 

Safeguarding is a critical area of importance, and our primary concern is to promote the welfare and safety of Young Carers, their families, and those vulnerable people with whom we are involved. 

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**YOUNG CARERS DEVELOPMENT TRUST REPORT OF THE BOARD OF DIRECTORS/TRUSTEES For the Year ended 30 September 2025** 

Safeguarding is considered at every trustee meeting. We have a dedicated safeguarding trustee, and our policy is renewed and approved every year. All staff and volunteers are recruited using recognised safer recruitment processes, including completing enhanced DBS checks. In line with good practice, annual training is completed every year. 

## **RECRUITMENT AND TRAINING** 

The trustees have a procedure for the recruitment, induction and training of trustees, staff, and volunteer Development Mentors. All new appointments undergo an induction programme. 

The procedure endeavours to ensure that individuals with an interest in the works of the charity, with appropriate range of expertise and sufficiently diverse skills to provide a reasonable representation of the community, are recruited, appointed and subsequently adequately versed in the affairs of the Trust and the responsibilities of the charity trusteeship. 

## **RISK MANAGEMENT** 

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. 

They are also obliged to ensure the safety of vulnerable adults and children while involved in the activities of the charity. All policies and procedures are regularly reviewed to ensure their effective operation. 

## **COMPLIANCE** 

Young Carers Development Trust is a private company limited by guarantee and registered as a charity. Its governing document is its Articles of Association and Memorandum which have been appropriately amended and approved by the Board of Trustees. 

## **GOVERNING DOCUMENT** 

The organisation is a charitable company limited by guarantee, incorporated on 13 September 2011, and registered as a charity on 17 December 2012. It is regulated by company law and The Charity Commissioners. 

The company was incorporated under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are each required to contribute an amount not exceeding £1. 

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**YOUNG CARERS DEVELOPMENT TRUST STATEMENT OF TRUSTEES’ RESPONSIBILITIES For the Year ended 30 September 2025** 

## **Statement of trustees’ responsibilities** 

The trustees (who are also directors of Young Carers Development Trust for the purposes of company law) are responsible for preparing the Trustees’ Report (incorporating the strategic report and directors’ report) and the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: _The Financial Reporting Standard applicable in the UK and Republic of Ireland_ (United Kingdom Accepted Accounting Practice). 

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

- select suitable accounting policies and then apply them consistently; 

- observe the methods and principles in the Charities SORP; 

- make judgments and accounting estimates that are reasonable and prudent; 

- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. 

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

## **INDEPENDENT EXAMINER** 

A resolution concerning the appointment of the independent examiner for the ensuing year will be proposed at the Annual General Meeting. 

Signed on behalf of the board by: 

Robert Cotton 

Chair 

Date: 27 January 2026 

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**YOUNG CARERS DEVELOPMENT TRUST INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES For the Year ended 30 September 2025** 

## **Independent examiner’s report to the trustees of Young Carers Development Trust (‘the Company’)** 

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2025. 

## **Responsibilities and basis of report** 

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’). 

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. 

## **Independent examiner’s statement** 

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 

1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 

2. the accounts do not accord with those records; or 

3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or 

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). 

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 to enable a proper understanding of the accounts to be reached. 

Joshua N Kingston BSc., FCA Burton Sweet Limited The Clock Tower 5 Farleigh Court Old Weston Road, Flax Bourton Bristol BS48 1UR 

Date:[27 January 2026] 

17 

## **YOUNG CARERS DEVELOPMENT TRUST** 

## **STATEMENT OF FINANCIAL ACTIVITIES (Including Income and Expenditure Account) YEAR ENDED 30 SEPTEMBER 2025** 

|**Note**<br>**Income from:**<br>Donations and Grants<br>**2**<br>Other trading activities<br>**3**<br>Investments<br>**4**<br>**Total income**<br>**Expenditure on:**<br>Raising funds<br>**5**<br>Charitable activities<br>**6**<br>**Total expenditure**<br>**Net income/(expenditure)**<br>**Net movement in funds**<br>**Total funds at 1 October**<br>**14**<br>**Total funds at 30 September**<br>**14**|**General**<br>**Designated**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>**120,074**<br>**-**<br>**6,433**<br>**-**<br>**6,615**<br>**-**<br>**133,122**<br>**-**<br>**4,519**<br>**-**<br>**104,665**<br>**-**<br>**109,184**<br>**-**<br>**23,938**<br>**-**<br>**23,938**<br>**-**<br>**39,079**<br>**34,000**<br>**63,017**<br>**34,000**<br>**Unrestricted**|**General**<br>**Designated**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>**120,074**<br>**-**<br>**6,433**<br>**-**<br>**6,615**<br>**-**<br>**133,122**<br>**-**<br>**4,519**<br>**-**<br>**104,665**<br>**-**<br>**109,184**<br>**-**<br>**23,938**<br>**-**<br>**23,938**<br>**-**<br>**39,079**<br>**34,000**<br>**63,017**<br>**34,000**<br>**Unrestricted**|**Restricted**<br>**Funds**<br>**£**<br>**76,110**<br>**-**<br>**-**|**Total**<br>**2025**<br>**£**<br>**196,184**<br>**6,433**<br>**6,615**|Total<br>2024<br>£<br>319,579<br>8,475<br>5,474|
|---|---|---|---|---|---|
||**133,122**|**-**|**76,110**|**209,232**|333,528|
||**4,519**<br>**104,665**|**-**<br>**-**|**-**<br>**170,938**|**4,519**<br>**275,603**|3,286<br>208,922|
||**109,184**|**-**|**170,938**|**280,122**|212,208|
||**23,938**|**-**|**(94,828)**|**(70,890)**|121,320|
||**23,938**<br>**39,079**|**-**<br>**34,000**|**(94,828)**<br>**131,382**|**(70,890)**<br>**204,461**|121,320<br>83,141|
||**63,017**|**34,000**|**36,554**|**133,571**|204,461|



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

All of the above amounts relate to continuing activities. 

Prior year fund comparatives are shown in note 11. 

**The notes on pages 20 to 28 form part of these financial statements** 

18 

Company number: 07771110 

## **YOUNG CARERS DEVELOPMENT TRUST** 

## **BALANCE SHEET** 

## **YEAR ENDED 30 SEPTEMBER 2025** 

|||**Unrestricted**|**Unrestricted**||||
|---|---|---|---|---|---|---|
|||**General**|**Designated**|**Restricted**|**Total Funds**|**Total Funds**|
|||**Funds**|**Funds**|**Funds**|**2025**|**2024**|
||**Note**|**£**|**£**|**£**|**£**|**£**|
|**Current Assets**|||||||
|Debtors|**12**|771|-|2,850|3,621|89,477|
|Investments||116,629|34,000|-|150,629|130,143|
|Cash at bank and in hand||102,653|-||102,653|92,081|
|||220,053|34,000|2,850|256,903|311,701|
|**Creditors :  Amounts falling**|||||||
|**due within one year**|**13**|(7,765)|(115,567)|-|(123,332)|(107,240)|
|Net current assets||212,288|(81,567)|2,850|133,571|204,461|
||||||||
|**Net assets**||212,288|(81,567)|2,850|133,571|204,461|
|**Funds**|||||||
|Restricted funds|**14**|-|-|36,554|36,554|131,382|
|Unrestricted funds|||||||
|Designated funds|**14**|-|34,000|-|34,000|34,000|
|General funds|**14**|63,017|-|-|63,017|39,079|
|||63,017|34,000|36,554|133,571|204,461|



See note 15 for prior year balance sheet fund comparative 

For the year ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. 

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476  of the Companies Act 2006. The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 144(2) of the Charities Act 2011. 

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. 

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and in accordance with FRS102 SORP. 

These financial statements were approved by the trustees on                                   and are signed on their behalf by: 27 January 2026 

………………………………. 

Robert Cotton Chair of Trustees 

**The notes on pages 20 to 28 form part of these financial statements** 

19 

## **YOUNG CARERS DEVELOPMENT TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS** 

## **YEAR ENDED 30 SEPTEMBER 2025** 

## **1 Accounting policies** 

- a) The financial statements have been prepared in accordance with the historical cost convention (except where otherwise stated in the accounting policy note) and in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019, and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), and the Companies Act 2006. 

The Charity is a public benefit entity as defined under FRS102. 

The financial statements are prepared on the going concern basis. The Trustees have given adequate consideration to the issue and are of the opinion that this is appropriate. There are no material uncertainties about the charity’s ability to continue as a going concern, despite the significant uncertainty being caused by the cost of living crisis. Whilst the Trustees expect this to have an impact on the charity’s operations and reserves in the coming months and years, the charity has sufficient reserves to be able to meet these challenges. 

b) **Income** Donated income without conditions attached, including that gifted under gift aid, is taken into account when received by the Charity. Charitable grants which have conditions which have not been fulfilled (as distinct from restrictions on the purpose for which they can be used) and are treated as liabilities and only recognised as income when the conditions are achieved. 

c) **Expenditure** Donations and charitable grants payable are recognised as expenditure at the earlier of when they are paid and when they are committed to the recipient in a manner which is intended to be acted upon. Governance costs include the costs of trustee meetings, insurance and the cost of any legal advice to trustees on governance or constitutional matters or vetting of trustees. 

d) **Fund Accounting** Restricted funds are those received for use on specific purposes. Expenditure which meets those criteria is allocated to that fund. Designated funds are amounts that have been set aside at the discretion of the trust. Unrestricted funds are those received or generated that can be used for the general purposes of the charity. 

e) **Debtors** Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any discounts due. 

## f) **Creditors** Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. 

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

## h) **Donated Assets** 

Where the charity has been donated assets of gifts in kind, and where it is possible to quantify the value, then these amounts are reflected in the statement of financial activities. 

## I) **Investments** 

Investments includes cash balances intended to be held for a longer term than three months. 

20 

## **YOUNG CARERS DEVELOPMENT TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS** 

## **YEAR ENDED 30 SEPTEMBER 2025** 

## **2 Donations and Grants** 

|**Donations**<br>Donations<br>**Grants received**<br>Alchemy Trust<br>Asda Foundation<br>Bath Boules Charitable Trust<br>Beatrice Laing Foundation<br>Bradwell Methodist<br>Chippenham Borough Lands Charity<br>Chippenham Town Council<br>Denman Charitable Trust<br>DWF Foundation<br>Fitton Trust<br>Friendly Brothers of St Patrick<br>Global Charities SW<br>Groundwork UK<br>Jack Lane Charitable Trust<br>James Dyson Foundation<br>John James<br>Marsh Charitable Trust<br>Medlock Charitable Trust<br>Mrs R P Tindall's Charitable Trust<br>Nisbet Trust<br>Quartet Community Foundation<br>Ray Harris Charitable Trust<br>Ryklow Charitable Trust<br>Scobell Charitable Trust<br>Sir Jules Thorn Trust<br>Somerset Bridge Club<br>Swire Charitable Trust<br>The Carers Trust<br>The Foyle Foundation<br>The Hobson Charity<br>The National Lottery Community Fund<br>The Robert McAlpine Foundation<br>The Sackler Trust<br>The Wakefield Trust<br>The 7stars Foundation<br>Tula Trust<br>Violet Wills Will Charitable Trust<br>W O Street Foundation<br>Wiltshire Community Foundation<br>Woodward Charitable Trust|**Unrestricted**<br>**Funds**<br>**£**<br>**21,129**<br>**1,000**<br>**1,000**<br>**750**<br>**-**<br>**-**<br>**-**<br>**-**<br>**3,000**<br>**1,430**<br>**250**<br>**250**<br>**2,500**<br>**1,000**<br>**-**<br>**-**<br>**-**<br>**600**<br>**-**<br>**2,000**<br>**-**<br>**-**<br>**15,000**<br>**8,500**<br>**5,000**<br>**3,000**<br>**2,415**<br>**20,000**<br>**-**<br>**15,000**<br>**-**<br>**-**<br>**-**<br>**10,000**<br>**1,500**<br>**-**<br>**2,000**<br>**-**<br>**2,000**<br>**-**<br>**750**|**Restricted**<br>**Funds**<br>**£**<br>**-**<br>**-**<br>**-**<br>**-**<br>**3,500**<br>**-**<br>**5,000**<br>**(540)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**2,000**<br>**750**<br>**-**<br>**-**<br>**10,000**<br>**-**<br>**5,000**<br>**20,000**<br>**5,000**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**400**<br>**-**<br>**5,700**<br>**-**<br>**10,000**<br>**-**<br>**-**<br>**1,950**<br>**-**<br>**2,500**<br>**-**<br>**4,850**<br>**-**|**Total**<br>**2025**<br>**£**<br>**21,129**<br>**1,000**<br>**1,000**<br>**750**<br>**3,500**<br>**-**<br>**5,000**<br>**(540)**<br>**3,000**<br>**1,430**<br>**250**<br>**250**<br>**2,500**<br>**1,000**<br>**2,000**<br>**750**<br>**-**<br>**600**<br>**10,000**<br>**2,000**<br>**5,000**<br>**20,000**<br>**20,000**<br>**8,500**<br>**5,000**<br>**3,000**<br>**2,415**<br>**20,000**<br>**400**<br>**15,000**<br>**5,700**<br>**-**<br>**10,000**<br>**10,000**<br>**1,500**<br>**1,950**<br>**2,000**<br>**2,500**<br>**2,000**<br>**4,850**<br>**750**|
|---|---|---|---|
||**120,074**|**76,110**|**196,184**|



21 

## **YOUNG CARERS DEVELOPMENT TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS** 

## **YEAR ENDED 30 SEPTEMBER 2025** 

|**2**<br>**Donations and Grants (Continued)**<br>**Prior Year Comparative**<br>**Donations**<br>Donations<br>Gifts in kind - University of the West of England<br>**Grants received**<br>The National Lottery Community Fund<br>Alchemy Trust<br>Beatrice Laing Foundation<br>BOM IT Solutions<br>Chippenham Town Council<br>Garfield Weston Foundation<br>Gilchrist Educational Trust<br>Groundwork UK<br>Hedley Foundation<br>Inman Charity<br>Jack Lane Charitable Trust<br>J&M Britton Trust<br>John James Foundation<br>Lennox Hannay Charitable trust<br>Lottery Community Fund<br>Mack Foundation<br>Nisbet trust<br>Paypal Giving Fund<br>PCC of Wellow<br>Ray Harris Charitable Trust<br>Sarum St Michael Educational Charity<br>Sir Jules Thorn Charitable Trust<br>Swire Charitable Trust<br>The Carers Trust<br>The Grace Trust<br>The Robert McAlpine Foundation<br>Violet Wills Charitable Trust<br>Wiltshire Community Foundation<br>Walter Guinness Charitable Trust<br>**3**<br>**Other trading activities**<br>Bath Quiz Night<br>Bowood House fundraiser<br>Bywell Gardens fundraiser<br>Tenth Anniversary Gala Dinner|**Unrestricted**<br>**Funds**<br>**£**<br>10,791<br>2,760<br>-<br>1,000<br>3,500<br>2,500<br>-<br>15,000<br>-<br>-<br>-<br>5,000<br>-<br>2,000<br>-<br>2,000<br>19,223<br>5,000<br>-<br>119<br>500<br>15,000<br>-<br>2,500<br>12,000<br>-<br>750<br>-<br>2,000<br>-<br>-|**Restricted**<br>**Funds**<br>**£**<br>-<br>-<br>180,871<br>-<br>-<br>-<br>540<br>-<br>1,000<br>375<br>3,000<br>-<br>1,000<br>-<br>7,000<br>-<br>-<br>-<br>4,000<br>-<br>-<br>-<br>1,750<br>-<br>-<br>2,550<br>-<br>10,000<br>-<br>4,850<br>1,000|**Total**<br>**2024**<br>**£**<br>10,791<br>2,760<br>180,871<br>1,000<br>3,500<br>2,500<br>540<br>15,000<br>1,000<br>375<br>3,000<br>5,000<br>1,000<br>2,000<br>7,000<br>2,000<br>19,223<br>5,000<br>4,000<br>119<br>500<br>15,000<br>1,750<br>2,500<br>12,000<br>2,550<br>750<br>10,000<br>2,000<br>4,850<br>1,000|**Total**<br>**2024**<br>**£**<br>-<br>-<br>-<br>8,475|
|---|---|---|---|---|
||101,643|217,936|319,579||
||**Unrestricted**<br>**Funds**<br>**£**<br>**1,198**<br>**3,955**<br>**1,280**<br>**-**|**Restricted**<br>**Funds**<br>**£**<br>**-**<br>**-**<br>**-**<br>**-**|**Total**<br>**2025**<br>**£**<br>**1,198**<br>**3,955**<br>**1,280**<br>**-**||
||**6,433**|**-**|**6,433**|8,475|



The prior year comparatives were all represented by unrestricted funds. 

## **4 Investments** 

||**Unrestricted**|**Restricted**|**Total**|**Total**|
|---|---|---|---|---|
||**Funds**|**Funds**|**2025**|**2024**|
||**£**|**£**|**£**|**£**|
|Bank interest receivable|**6,615**|**-**|**6,615**<br>|5,474|



The prior year comparatives were all represented by unrestricted funds. 

22 

## **YOUNG CARERS DEVELOPMENT TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS** 

## **YEAR ENDED 30 SEPTEMBER 2025** 

## **5 Expenditure on raising funds** 

|**Unrestricted**<br>**Restricted**<br>**Total**<br>**Funds**<br>**Funds**<br>**2025**<br>**£**<br>**£**<br>**£**<br>Fundraising events<br>**4,519                 -            4,519**<br>**4,519**<br>**-**<br>**4,519**<br>The prior year comparatives were represented by £286 in unrestricted funds and £3,000 in restricted funds.|**Unrestricted**<br>**Funds**<br>**£**<br>**4,519**|**Restricted**<br>**Funds**<br>**£**<br>**-**|**Total**<br>**2025**<br>**£**<br>**4,519**|**Total**<br>**2024**<br>**£**<br>3,286|
|---|---|---|---|---|
||**4,519**|**-**|**4,519**|3,286|
||||||



## **6 Expenditure on charitable activities** 

|**Grants**<br>**£**<br>Payments made on behalf of young carers<br>**35,926**<br>Events for Young Carers<br>**-**<br>Oversight and support for young carers and Development Mentors **-**<br>**35,926**<br>**Prior Year Comparative**<br>**Grants**<br>**£**<br>Payments made on behalf of young carers<br>21,961<br>Events for Young Carers<br>-<br>Oversight and support for young carers and Development Mentors -<br>21,961<br>**7**<br>**Support costs**<br>Staff costs (see note 10)<br>Governance costs (see note 8)<br>Accountancy fees<br>Travel<br>Recruitment<br>Insurance<br>Website and IT costs<br>Postage and stationery<br>Marketing<br>Licences and Subscriptions<br>Training<br>Bank and other charges<br>Consultancy<br>Sundry|**Grants**<br>**£**<br>Payments made on behalf of young carers<br>**35,926**<br>Events for Young Carers<br>**-**<br>Oversight and support for young carers and Development Mentors **-**<br>**35,926**<br>**Prior Year Comparative**<br>**Grants**<br>**£**<br>Payments made on behalf of young carers<br>21,961<br>Events for Young Carers<br>-<br>Oversight and support for young carers and Development Mentors -<br>21,961<br>**7**<br>**Support costs**<br>Staff costs (see note 10)<br>Governance costs (see note 8)<br>Accountancy fees<br>Travel<br>Recruitment<br>Insurance<br>Website and IT costs<br>Postage and stationery<br>Marketing<br>Licences and Subscriptions<br>Training<br>Bank and other charges<br>Consultancy<br>Sundry|**Direct costs**<br>**£**<br>**-**<br>**11,295**<br>**-**|**Support**<br>**Costs**<br>**(Note 7)**<br>**£**<br>**-**<br>**-**<br>**228,382**|**Total**<br>**2025**<br>**£**<br>**35,926**<br>**11,295**<br>**228,382**|
|---|---|---|---|---|
||**35,926**|**11,295**|**228,382**|**275,603**|
|||**Direct costs**<br>**£**<br>-<br>9,877<br>-|**Support**<br>**Costs**<br>**(Note 7)**<br>**£**<br>-<br>-<br>177,084|**Total**<br>**2024**<br>**£**<br>21,961<br>9,877<br>177,084|
||21,961|9,877|177,084|208,922|
||||**Total**<br>**2025**<br>**£**<br>**197,635**<br>**3,286**<br>**3,202**<br>**10,479**<br>**627**<br>**860**<br>**4,836**<br>**946**<br>**1,328**<br>**1,869**<br>**1,083**<br>**288**<br>**1,727**<br>**216**|**Total**<br>**2024**<br>**£**<br>**Restated**<br>143,502<br>3,505<br>3,184<br>8,091<br>2,099<br>743<br>4,627<br>1,227<br>2,471<br>1,802<br>1,495<br>174<br>4,011<br>153|
||||**228,382**|177,084|



23 

## **YOUNG CARERS DEVELOPMENT TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 SEPTEMBER 2025** 

## **8 Governance costs** 

|**Governance costs**|||||
|---|---|---|---|---|
|Meeting expenses<br>Company House fee<br>Independent examination<br>Accounts preparation|**Unrestricted**<br>**Funds**<br>**£**<br>**828**<br>**34**<br>**1,140**<br>**1,284**|**Restricted**<br>**Funds**<br>**£**<br>**-**<br>**-**<br>**-**<br>**-**|**Total**<br>**2025**<br>**£**<br>**828**<br>**34**<br>**1,140**<br>**1,284**|**Total**<br>**2024**<br>**£**<br>**Restated**<br>1,203<br>34<br>1,068<br>1,200|
||**3,286**|**-**|**3,286**|3,505|



The prior year comparatives were all represented by unrestricted funds. 

## **9 Trustees expenses** 

Aggregate donations from Trustees, key management personnel and related parties were £2,025 (2024: £2,000) No trustees were reimbursed for expenses incurred during the current year. During the prior year, no trustees were reimbursed for expenses. 

## **10 Staff costs** 

Total staff costs were as follows: 

|Wages and salaries<br>Social security costs<br>Other pension costs<br>The average number of employees during the year was as follows:<br>Average Number (headcount) of employees|**Total**<br>**2025**<br>**£**<br>**182,612**<br>**7,861**<br>**7,162**|**Total**<br>**2024**<br>**£**<br>133,027<br>5,385<br>5,090|
|---|---|---|
||**197,635**|143,502|
||**Total**<br>**2025**<br>**7.7**|**Total**<br>**2024**<br>5.4|



No employee received remuneration of more than £60,000 during the year (2024: Nil) 

The total aggregate employment benefits received by key management personnel were £90,897 (2024: £96,222). 

24 

## **YOUNG CARERS DEVELOPMENT TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 SEPTEMBER 2025** 

## **11 Prior year fund comparatives** 

|**11**<br>**Prior year fund comparatives**|||||
|---|---|---|---|---|
|**Income from:**<br>Donations<br>Other trading activities<br>Investments<br>**Total income**<br>**Expenditure on:**<br>Raising funds<br>Charitable activities<br>**Total expenditure**<br>**Net income/(expenditure)**<br>**Net movement in funds**<br>**Total funds at 1 October**<br>**Total funds at 30 September**<br>**12**<br>**Debtors**<br>Prepayments & accrued Income<br>Other debtors<br>**13**<br>**Creditors**<br>Trade creditors<br>Accruals and deferred income<br>Commitments to young carers<br>Tax and social security|**General**<br>**Designated**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>101,643<br>-<br>8,475<br>-<br>5,474<br>-<br>**Unrestricted**||**Restricted**<br>**Funds**<br>**£**<br>217,936<br>-<br>-|**Total**<br>**2024**<br>**£**<br>319,579<br>8,475<br>5,474|
||115,592|-|217,936|333,528|
||286<br>122,368|-<br>-|3,000<br>86,554|3,286<br>208,922|
||122,654|-|89,554|212,208|
||(7,062)|-|128,382|121,320|
||(7,062)<br>46,141|-<br>34,000|128,382<br>3,000|121,320<br>83,141|
||39,079|34,000|131,382|204,461|
||||**Total**<br>**2025**<br>**£**<br>**3,621**<br>**-**|Total<br>2024<br>£<br>1,219<br>88,258|
||||**3,621**|89,477|
||||**Total**<br>**2025**<br>**£**<br>**3,058**<br>**2,424**<br>**115,569**<br>**2,281**|Total<br>2024<br>£<br>861<br>2,268<br>101,128<br>2,983|
||||**123,332**|107,240|



25 

## **YOUNG CARERS DEVELOPMENT TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS** 

## **YEAR ENDED 30 SEPTEMBER 2025** 

|**14**<br>**Movement in funds**<br>**Restricted Funds**<br>Beatrice Laing Foundation<br>Chippenham Borough Lands Charity<br>Chippenham Town Council<br>Jack Lane Charitable Trust<br>James Dyson Foundation<br>John James<br>Medlock Charitable Trust<br>Quartet Community Foundation<br>Ray Harris Charitable Trust<br>The Carers Trust<br>The Hobson Charity<br>The National Lottery Community Fund<br>The Nisbet Trust<br>The Robert McAlpine Foundation<br>The 7stars Foundation<br>Violet Wills Will Charitable Trust<br>Wiltshire Community Foundation<br>**Unrestricted Funds**<br>_Designated funds_<br>Commitments to Young Carers<br>_General funds_<br>**Total Funds**|**At**<br>**1 Oct 2024**<br>**£**<br>-<br>-<br>540<br>-<br>-<br>3,500<br>-<br>-<br>-<br>-<br>-<br>127,342<br>-<br>-<br>-<br>-<br>-|**Income**<br>**£**<br>3,500<br>5,000<br>(540)<br>2,000<br>750<br>-<br>10,000<br>20,000<br>5,000<br>400<br>5,700<br>-<br>5,000<br>10,000<br>1,950<br>2,500<br>4,850|**Expenditure**<br>**£**<br>(3,500)<br>(5,000)<br>-<br>(2,000)<br>(750)<br>(3,000)<br>(10,000)<br>(20,000)<br>(5,000)<br>(400)<br>(5,700)<br>(91,288)<br>(5,000)<br>(10,000)<br>(1,950)<br>(2,500)<br>(4,850)|**Transfers**<br>**£**<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|**At**<br>**30 Sep 2025**<br>**£**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**500**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**36,054**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**|
|---|---|---|---|---|---|
||131,382|76,110|(170,938)|-|**36,554**|
||34,000<br>39,079|-<br>133,122|-<br>(109,184)|-<br>-|**34,000**<br>**63,017**|
||73,079|133,122|(109,184)|-|**97,017**|
|||||||
||204,461|209,232|(280,122)|-|**133,571**|



26 

## **YOUNG CARERS DEVELOPMENT TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS** 

## **YEAR ENDED 30 SEPTEMBER 2025** 

|**14**<br>**Movement in funds (continued)**<br>**Prior Year Comparatives**<br>**Restricted Funds**<br>The Carers Trust<br>Chippenham Town Council<br>Four Acres<br>Gilchrist Educational Trust<br>Groundwork UK<br>Hedley Foundation<br>Jack Lane Charitable Trust<br>John James Foundation<br>Nisbet trust<br>Sarum St Michael Educational Charity<br>The National Lottery Community Fund<br>The Robert McAlpine Foundation<br>Wiltshire Community Foundation<br>Walter Guinness Charitable Trust<br>**Unrestricted Funds**<br>_Designated funds_<br>Commitments to Young Carers<br>_General funds_<br>**Total Funds**|**At**<br>**1 Oct 2023**<br>**£**<br>-<br>-<br>3,000<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|**Income**<br>**£**<br>2,550<br>540<br>-<br>1,000<br>375<br>3,000<br>1,000<br>7,000<br>4,000<br>1,750<br>180,871<br>10,000<br>4,850<br>1,000|**Expenditure**<br>**£**<br>(2,550)<br>-<br>(3,000)<br>(1,000)<br>(375)<br>(3,000)<br>(1,000)<br>(3,500)<br>(4,000)<br>(1,750)<br>(53,529)<br>(10,000)<br>(4,850)<br>(1,000)|**Transfers**<br>**£**<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|**At**<br>**30 Sep 2024**<br>**£**<br>**-**<br>**540**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**3,500**<br>**-**<br>**-**<br>**127,342**<br>**-**<br>**-**<br>**-**|
|---|---|---|---|---|---|
||3,000|217,936|(89,554)|-|**131,382**|
||34,000<br>46,141|-<br>115,592|-<br>(122,654)|-<br>-|**34,000**<br>**39,079**|
||80,141|115,592|(122,654)|-|**73,079**|
|||||||
||83,141|333,528|(212,208)|-|**204,461**|



## **Restricted funds** 

Beatrice Laing Foundation - funding received for new young carers. 

Chippenham Borough Lands Charity - Funds received to support Young Carers in Chippenham. 

Chippenham Town Council - Room hire for Group Mentoring Project. 

Gilchrist Educational Trust - Funds received for new Young Carers in 2024, including costs of support and overheads. 

Groundwork UK - Funds received for a new Young Carers in 2024. 

Hedley Foundation - Funds received for support for Long term programme. 

Jack Lane Charitable Trust - funding received for Young carers in North Wiltshire. 

James Dyson Foundation - Funds received to support a Young Carer in Malmesbury area. 

John James Foundation - Restricted to young carers in the Bristol area. 

Medlock Charitable Trust - Funds received to support Young Carers in B&NES. 

Nisbet Trust - Restricted to young carers in the Bristol area. 

Quartet Community Foundation - Restricted funds to support new young carers. 

Ray Harris Charitable Trust - Funds received to support Young Carers in Wiltshire. 

Sarum St Michael Educational Charity - Funds received for the Aspirations Conference. 

The 7stars Foundation - Funds received to support new Young Carers. 

The Carers Trust - Grant towards specific activities for named Young Carers. 

The Hobson Charity - Funds for equipment for Young Carers. 

27 

## **YOUNG CARERS DEVELOPMENT TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS** 

## **YEAR ENDED 30 SEPTEMBER 2025** 

## **14 Movement in funds (continued)** 

The National Lottery Community Fund ‘RC South West Region' Restricted Grant - Funds for the new Group Mentoring Project. 

The Robert McAlpine Foundation - Funds received to support new Young Carers. 

UWE - Grant towards Aspirations Conference and service manager in April 2022. 

Violet Wills Will Charitable Trust - Funds received to support new Young Carers. 

Walter Guinness Trust - restricted to young carers in the Wiltshire area. 

Wiltshire Community Foundation - To support Young Carers in Wiltshire & Swindon. 

## **Designated funds** 

Commitments to young carers - Funds set aside to cover the internal service management cost for new young carers in their first year of the program. 

## **15 Prior year balance sheet** 

|**Current Assets**<br>Debtors<br>Investments<br>Cash at bank and in hand<br>**Creditors : Amounts falling**<br>**due within one year**<br>Net current assets<br>**Net assets**<br>**Funds**<br>Restricted funds<br>_Unrestricted funds_<br>Designated funds<br>General funds|**Total Funds**<br>**General**<br>**Designated**<br>**Restricted**<br>**2024**<br>**Funds**<br>**Funds**<br>**Funds**<br>1,219<br>-<br>88,258<br>89,477<br>96,143<br>34,000<br>-<br>130,143<br>48,957<br>-<br>43,124<br>92,081<br>**Unrestricted**|
|---|---|
||146,319<br>34,000<br>131,382<br>311,701<br>(6,112)<br>(101,128)<br>-<br>(107,240)|
||140,207<br>(67,128)<br>131,382<br>204,461|
|||
||140,207<br>(67,128)<br>131,382<br>204,461|
||-<br>-<br>131,382<br>131,382<br>-<br>34,000<br>-<br>34,000<br>39,079<br>-<br>-<br>39,079|
||39,079<br>34,000<br>131,382<br>204,461|



## **16 Taxation** 

As a charity, the Young Carers Development Trust is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or s 256 of the Taxation of Chargeable Gains Act 1922 to the extent that these are applied to its charitable objectives. 

No tax charges have arisen in the Charity. 

## **17 Share Capital** 

The company is limited by guarantee and as such has no issued share capital. In the event of a winding up, the liability of each member is limited to £1. 

## **18 Related parties** 

There are no transactions with trustees or other related parties other than those disclosed as required by the SORP elsewhere in the financial statements. 

28 

Audit Trail 

|**Document Details**|**Document Details**||
|---|---|---|
|**Title**|YCDT accounts YE 2025.pdf||
|**File Name**|YCDT accounts YE 2025.pdf||
|**Document ID**|b0c6e6b03eba49359e20e9737adef454||
|**Fingerprint**|71b92cbc6333187866d4891904e80b9c||
|**Status**|Completed<br>Ld||
|**Document History**|||
|**Document Created**<br>Document Created by Burton Sweet (accounts@burton-sweet.co.uk)<br>Fingerprint: c8d6bd724589fe242df93193262b8abb||Feb 27 2026<br>11:17AM UTC|
|**Document Sent**|Document Sent to Robert Cotton (robertc@ycdt.org.uk)|Feb 27 2026<br>11:17AM UTC|
|**Document Viewed**<br>Document Viewed by Robert Cotton (robertc@ycdt.org.uk)<br>IP: 91.125.32.1||Feb 27 2026<br>04:30PM UTC|
||Document Signed by Robert Cotton (robertc@ycdt.org.uk)||
||IP: 91.125.32.1||
|**Document Signed**<br>Robert<br>Cotton||Feb 27 2026<br>04:31PM UTC|
|**Document Sent**|Document Sent to Joshua Kingston (josh.kingston@burton-sweet.co.uk)|Feb 27 2026<br>04:31PM UTC|
|**Document Viewed**<br>Document Viewed by Joshua Kingston (josh.kingston@burton-sweet.co.uk)<br>IP: 185.249.213.98||Feb 27 2026<br>04:40PM UTC|
||Document Signed by Joshua Kingston (josh.kingston@burton-sweet.co.uk)||
||IP: 185.249.213.98||
|**Document Signed**<br>qos<br>Kingston||Feb 27 2026<br>04:41PM UTC|
|**Document**|This document has been completed.|Feb 27 2026|
|**Completed**|Fingerprint: 71b92cbc6333187866d4891904e80b9c|04:41PM UTC|