SBY- South Bristol Consortium for Young People Charity Number: 1151057 Company Registration Number: 07606234 {Ir. li *ADX79NM* 2e10212025 COMPANIES HOUSE A11 #167 Trustees Annual Report and Unaudited Financial Statements Year ending 31 August 2024 SBY Trustees Annual Report and FlnancSal Statements - year endlng 31 August 2024 Contents Pages Trustees, Annual Report 3-19 Independent Examiner's Report 20 Statement of Financial Activities 21 Balance Sheet 22 Statement of Cash Flows 23 Notes to the Financial Statements 24-32 SBY Trustees Annual Report and Financial Statement$ - year ending 31 August 2024 TRUSTEES REPORT The Trustee5 are pleased to present their report and independently examined financial statements for the year ending 31" August 2024. The report is prepared to meet the requirements for a Directors, annual report and accounts for Companies Act purposes. The financial statements have been prepared in accordance with the accounting policies set out in note I, and comply with the Charity's governing document, applicable law, the Charitie5 Act 2011, the Companies Act 2006, and the requirements ofthe Statement of Recommended Practice ISORPI Accounting and Reporting by Charities IFRS 1021. REFERENCE AND ADMINISTRATIVE INFORMATION The Articles of Association for South 8ristol Consortium for Young People were adopted on 24 January 2013, and revised in 2019, and 2021. The charity now operates as 'South Bristol Youth, IS8YI. Charity re8lStration number.. 1151057 Iregistered 04 March 20131 Company registration number.. 07606234 (incorporated 15 April 2011} Registered Office: Veale Wasbrough Vizards, Narrow Quay House, Narrow Quay, Bristol 8SI 40A Trustees Appointment tenure Appointed 10.3.21 Appointed 27.9.18 Appointed 21.6.17 Appointed 14.1.16,' resigned 09.11.23 Appointed 6.12.17 Appointed 6.4.17 Appointed 15.12.23 Appointed 17.3.22 Appointed 2.8.21,' resigned 06.11.23 Appointed 14.1.21 Appointed 4.11.21,' resigned 21.06.24 Appointed 7.9.20 Appointed 13.05.24 Appointed 20.03.24 Appointed 20.11.23 Karl Tucker, Chair Ilndependentl James Benson, Treasurer (Independentl Laura Chesham, Deputy Chair Ilndependent) Suzanne Carrie IUWEI Jacqueline Garrett1St Bernadette) Ina Goldberg (Oasis Academy Brislin8tonl Julia Gray (City of Bristol Colle8el Elizabeth Hackling (Bridge Learning Campus) Lucinda Parr (University of Bristol) Thomas Shepheard (Ashton Parkl Matthew Thomas Ilndependentl Jonathan Van Eker IBedminster Downl Sharon Beesley Imerchants, Academy) Katherine Davies IUWEI Lucy Collin5 (University of Bristol) Company Secretary: Velocity Secretarial Services Ltd Iveale Wa5brou8h Vizardsl Chlef Executive,. Camilla Chandler-mant Bankers.. HS8C, 62 George White Street, Bristol. BSI 38A Independent Examiner: Joshua Kingston 85C.. ACA. Burton Sweet Limited, The Clock Tower, 5 Farleigh Court, Old Weston Rd, Flax Bourton, Bristol BS48 IUR. SBY Trustees Annual Report and Flnancial Statements- year ending 31 August 2024 CHAIR'S REVIEW l am pleased to present my summary of this yearfs report on behalf of the Board of Trustees of South Bristol Youth1SBYI. Our mission remains to address poor social mobility, empowering children and young people from disadvantaged areas to succeed. SBY works hard to ensure that young people in Bristol and beyond have the skllls, knowledge, and confidence to reach their potential in life and work. Our team find new ways every year to show young people the value of education and to garner the support of their schools and families, as well as employers, delivery partners, other VCSE sector or83nisations and of course funders, to ensure that the young people we work with have a good understanding of the opportunities that exist for them through a truly collaborative approach. Highlights for this academic year include.. > Increasing the number of young people who visited London and the Houses of Parliament this year to 151, the visit coinciding with the swearing in of the new government. > Reinstating the SBY Youth Board to ensure that the voice of young people is at the heart of everything that we do. The Youth Board also provides student representatives with leadership and personal development opportunities to enhance their educational experience. > Providing Level 7 careers advice and guidance in three of our member schools. This year we empowered nearly 1,800 young people to succeed, to understand the benefit5 of 5tayin8 in education, where it can take them and the doors it can open. We worked with 22 schools, and nearly 90 employers and other delivery partners. Every year we evaluate the short- and long-term outcomes of our pro8rammes. Key long-term findings this year included.. > For young people leaving Year 11 in June 2023 the attainment '83p' between disadvantaged and non- disadvantaged young people was significantly less than the national figure {11.89 v. 15.31. > Of those who had participated in our 'Learning to Lead, programme, 91% of young people said that they felt more confident at school and 90% of parents felt that their child's confidence had grown as a result of participation in the programme. Of those who had participated in our'lnsight into Apprenticeships, pro8ramme, 100% of young people f rom Bristol and 98% from Somerset leaving school in July 2023 secured an appropriate post- 16 destination. Thanks to our donofs we generated income of £561k, and spent £612k, leaving us with a small deficit funded from our unrestricted reserves position in line with our Trustees, policv. Thank you to all our partners and funders for their incredible and much-valued support throughout this year. Your support is needed now more than ever as we set out to realise our ambitious plans. Finally, a big thank you to my fellow Trustees, and our dedicated staff team, whose hard work provides such valuable service to our youn8 people. Karl Tucker Chair of Trustees 'gap' in Attainment 8 averages between students who have previously participated in SBY programmes and their peers. SBY Trustees Annual Report and Financial Statements - year ending 31 August 2024 OBJECTIVES Objects of the Charity The object5 of the Charity (the "Objects l are.. "to odvonce in life, relieve the needs of, ond help young people. porticularly (but without limitation) in ond oround tho•e orco4e Wlthin the Cit>1 ond County of Bristol thot foll to the south of the River Avon ond Floating Harbour (referred to as "South Bristol" in SBY'S Articles), including (but not limited tol by.. > Oeveloping their Skills. education, capacities, and capabilities to enable them to participate fully in society and within their communities as independent. mature and responsible individuals and citizens. > The provision of recreational and leisure time activities provided in the interest of social welfare, designed to improve their conditions of life. and > Acting as a resource for young people living in and around the area defined as South Bristol by.. providing guidance and personal development to groups and individuals., working in close association with local Schools, education colleges and trainin8 providers to advance education and personal development.. providin8 advice and assistance and or8anising programmes,. and providin8 and promotin8 physical, intellectual, and personal development activity as a means of advancing education and widening horizons and levels of attainment among youn8 people and promoting equality of opportunity and diversity and promoting social inclusion among young people who are socially excluded from society or a part of a society as a result of their Social and economic position. Background to our work We primarily deliver programmes where young people - drawn from schools in our target areas and Selected by their teacher5 - work in groups of between 12-15. We also deliver bespoke activities. for instance with whole vear groups. Our target areas include 8ristol and Somerset wards which feature in the 'most deprived locations, within the Index of Multiple Deprivation The schools we work with have high numbers of children on free school meals. As well as delivering pro8rammes, SBY works strategically across the city as an influencer, convening p3rtnerships to tackle ward inequalities and facilitate closer collaboration between schools in key wards. We work to create bridges between schools, employers, funders and further and higher education providers. and to help decision-maker5 understand the real barriers that disadvantaged young people face. OurTheory of Change Our theory of change set5 Out the rationale and methodology for our work with young people in South Bristol and beyond. We aim that, in the long term, youn8 people participating in our pro8rammes will obtain meaningful employment, thereby improving their quality of life, happiness. and wellbeing. And that this will lead to greater social mobility for the young people involved and will result in increased prosperity in the area. Our programmes aim to support young people and their familie5 to understand the wide range of options open to them includin8 high quality employment, apprenticeships and higher education. We aim that young people participating in our progr3mmes'. SBY Trustees Annual Report and Financial Statements - year ending 31 August 2024 Are well motivated, see the value of a successf ul education and reach their full potential, leading to improved life chances. Build determination, resilience, skills. and confidence for their f uture. Are empowered to understand, value and use their own personal qu31ities for their own benefit, the benefit of their families 3nd the wider community as a whole. ACHIEVEMENTS AND PERFORMANCE This year SBY empowered 1,771 young people (aged 8-181 to succeed, working with 20 schools, and nearly 90 employers and other delivery partners. All of our programmes engage parents / carers in an introductory meeting and a final celebration event, which encourages them to understand how important their support of their child is to their future life chances. Every year we evaluate the short and long-term outcomes of our programmes. Key lon8-term findin85 this year included that.. Narrowing the gap between the attainment of disadvantaged and non-disadvantaged young people is key to improving young peoples, life chances and increasing social mobility within their local communities. For young people leaving Year 11 in June 2023 the 'gap' in Attainment 8 averages between disadvantaged young people and non-disadvantaged youn8 people who have previously participated in 58Y programmes111.891 was significantly less than the national figure {15.3}. 100% of the Alumni of our Insights into Apprenticeship518ristoll programme leaving school in July 2023 had secured an appropriate post-16 destination. We worked hard to ensure full participation by selected young people and 57 of our 60 cohorts were fully attended, with average attendance 90% and 88Yo for primary and secondary school participants respectively. We continued to expand our relationships with further education provider5 and local employers. The City of Bristol College have begun to support us with programme activities, and we aim to develop closer relationships over the next year. During the year we worked with nearly 90 delivery partners includin8 FE and HE providers, a broad range of industries, cultural and community organisations, and other VCSE organisations. Our Global Citizens programme garnered new partnerships with Senedd Cymru, Bridges for Communities, and the Museum of East Asian Art, and the Green Futures programme continued to develop new relationships with employers includin8 Atkins Realis, Balfour Beatty, and City Hall. We have remained a partner charity for Burges Salmon and Origin Workspace. We were pleased to reinstate our Youth Board this year, with 11 previous/current participants from our programrnes. They provided feedback on our programme5 and recommendations for improvement, revlewed a document designed to support young people understand transport options for post-16 destinations. and attended a theatre production and workshop highlighting issues of local policin8 in the 19805. In July we took our13rgest number of students yet to London. Excitingly, the visit for 151 young people from our Future Quest, Insight into Apprenticeships, and Youth Board programmes coincided with the signing in of the MP5 in the new parliament, a unique opportunity for our young people. The impact of the day was summed up effectively by this young person.. "l enjoyed visiting the Houses of Parlioment because it mode me realise the impact of our voice and the importonce of voting.. SBY Trustees Annual Report and Flnancial Statements - year ending 31 August 2024 OUR PROG￿￿MMEs Learning to Lead (Years 4-7) This programme aims to reduce the risk of persistent absence by developing the children's self-worth, conf idence, and engagement with school across three years of their school journey. This includes the crucial transition from primary to secondary school. Alongside schools, the programme engages children with local employers, college5 and universlties, the police, f ire and ambulance services, theatres, Bristol Zoo Project, Clifton Suspension Bridge, and charities like Hartcliffe & Withywood Community Partnership. Acr05S the year 174 children in Years 4, 5, 6 and 7 across five primary schools and three secondary schools in south Bristol participated in 200 activity days. Key outcomes included.. 61% of primary and 47% of secondary young people on the programme improved or maintained lit was in excess of 95%1 their attendance at school. 91% of youn8 people said that they felt more confident at school and 90% of parents felt that their child's confidence had 8rown as a result of participation in the programme. > 82% of parents said that their child's enjoyment of school had increased, and 88% of young people said that the programme had helped them in school (from building confidence with new people to identifying new skills/ opportunitie51, Feedback from a child in Y7: °It made rne mor¢ confident, os I knew I didn't have to be ufroid to be myself in thi5 group." "It mode me hove better behoviour, it hos mode me wont to mokefriends and it helped with mental health. We Miere iierJ• luck,Ji to do this for 3 JiearF - the bert trip i¢io¢ conoeing. Feedback from parents: 'Since working with SB Y her confidence hos grown Gnd she now feels able to be brove ond to give things a try. "Being more confident moking newfriends ond being oble to express herself more easily has been the biggest impactfor our doughter." Teacher feedback.. The prooromme is extremely voluable to our young people. Theyfeel pride being port of something & it is clearly helping their leadership potential. Theyfeel valued ond have o .rtrong 4enre o TEAM. Clii'i5tirie urid tlie widgi ttruii) ore ii)credible 13nd ure skilled ul Iielyliiy Ilie itiildreii ucliieve tlieir potentiol and oim high I" Unlocking Potential {Year 7 or 81 This programme aims to improve youn8 people's speaking, listening 'and communication skills. A ran8e of activities - from visits to Bristol Zoo, Aerospace and Bristol Old Vic's winter show.. to Arts and Digital Days, to communication and team building workshops enabled 98 students from 7 south Bristol schools to explore these skills. Key outcomes included: > 82% of young people felt that their confidence had improved as a result of participation in the programme SBY Trustees Annual Report and Financial Statements - year ending 31 August 2024 79% of young people felt that they would be able to deliver a short speech to an audience following their participation in a 'Speech Training D3¢. Jtudent feedback: "My best trip wos Probobly thc Burgcaf afalmon trip bccouJrc wc made o speech, ond we.poke obout it in front of the whole group. It mode me reoli5e thot it is not thot bod talking infront of people.- Parent feedback: "My daughter has really enjoyed toking part, and it hos been nice seeing her confidence grow. .hc Jetorted, she wouldn't c¥'cn go ond pay in a .hop but noiv . Lleforc - .hc ho.r thc confidcncc to do thi, olom very grateful thot she wos given this opportunity." "Thc trip has hclpcd Alorcia trying thingJ in o 4ofe environment and try thing: .hc ncvcr thought.hc could do, ond she has loved giving new things o go. Her confidence ha5 grown, and it h05 helped her try new things like G trip to The Wove and things in her home life. Teacher feedback.. "I tought o number of vtudcntr lo.pt yeor who took port (when I Wodr not involved in the program) ond JOW a mossive Jhift in thc confidcncc in the classroom without L'nowing why. Thi: ycar it ha been greot to see the students being involved in the program and how it offect5 them in lessons also.- Global Cltlzens (Year 8s) In 2023-24 SBY ran a pilot Global Citizens programme. The aim was for young people to understand the importance of learning foreign languages and see their potential for future possibilities including HE, apprenticeships and careers. alongside gaining an understanding of cultures other than their own. 30 youn8 people in two schools were selected as they showed an interest in studying languages and/or cultures other than their own. Young people and their parentslcarers participated in 22 activities with providers SB Y had not previously worked with. These included activities with employers (Sparks 8ristol, Royal Navy, Stop Mo Studios),. heritage sites which incorporate other languages and cultures (Museum of East Asian Art,. Cardiff Castle),. local charities which enga8e with different communities within Bristol (Bridge5 for Communities- Somali Language and Culture Davl,. a seat of government Ithe Welsh Assembly/Seneddl,' and HE providers18ristol University). Parents and carers were invited to attend an introductory meetin8 and a celebr ation event for all parents and young people to mark the end of the programme in July 2024. Key outcomes included. 100gA of young people said that they knew how to use the skills they were learning in language lessons to be successf ul in jobs in the future. The percenta8e of young people saying that they knew a lot about other cultures doubled 100% of parents said their child had a better understanding of other cultures and showed more interest in languages. and 88% said they had a better understanding of f uture choices. Young person's feedback: "I like how many new things I'm getting to experience. I've hod Kotsu Curry and leorned some Chinese but I've olso hod to really think obout how difficult life is for some people in other countries." Parent feedback: "My son has come bockfrom the trips really enthused by the experiences. School Staff feedback: .1 thought oll of the activities were beneficial as they were oll so different ond explored a different a.pect of language leorning/culturol awareness. What an ama?ing progromme L7nd such o great opportunityfor the kids." SBY Trustees Annual Report and Financial Stutements - year ending 31 August 2024 Discover Maths (Year 81 The Discover Maths programme is intended to improve young people's interest in, confidence with, and engagement in Maths and in so doing increase their chances of success in their GCSES and future employment. 97 children from seven schools in South Bristol participated in 56 activities. which engaged them in the full breadth of STEM (science, technology, engineering, and mathematicsl learning areas and showed them how maths is used in the 'real' world. Key outcomes Included: Alumni outcomes for previous participants of the programme leaving school in July 2023 showed that 67% achieved GCSE Maths Grade 4 and above Ivs a 61% national average). By the end of the programme 73% of young people reported that they knew how they could use the maths they were learning at school to get jobs in the future, and 75% of young people felt that they could learn new maths skills even if they prove challenging. > 85% of parents felt that their child's confidence and understanding of how maths works in the real world had improved,. and anecdotally. several young people reported that they had moved up a set in maths. which was reflected by comments from their teachers. Young person's feedback., "It doesn'tfeel like we're doing mGth5. We've just got problems ond we're solving them." "I've got more confident in moths now. I'm seeing it in different way5 and it's made me more confident I've gone up a Set in maths and these trips have helped." Parent feedback: "He enjoyed visiting places oround Bristol relating to moth5. Hi5favourites were Aerospoce and the Underfoll Yard. It hos really helped him to gain confidence in moth5 and interacting with other students hos helped him make newfriends.. Teacher feedback; Yhis progrcmme h05 been designed reolly well to show lots of different uses of maths in a range of career pathways. It helps some students relote whot they ore learning in the classroom is used in reoljobs. Insight Into Apprentlceshlps Our aim is that pafticipants of this one-year pro8ramme are better able to secure apprenticeships or further education after leaving school, and ultimately progress to hi8h-quality and meaningful employment. Inslght Into Apprentlceships: Bristol (Years 9 or 101 Last year we supported 99 youn8 people in Years 9 and 10 at seven South Bristol schools. 66 activity days ranged from communication workshops to further education provider visits, to team building activities run bv the Royal Navy (see rightl to visits to employers who offer apprenticeships. Young people encountered major local employers including Boston Tea Party, The Bristol Port Company, ISG Construction. Platform Rail. The Royal Navy. KPMG, Cameron McKenna, PWC and Burges Salmon. In July all young people visited London and the Houses of Parliament where the majority met their local MP. Finally, parents and carers were invited to attend a celebration event for all parents and young people to mark the end of the programme in July 2024. Key outcomes included: 100% of previous participants in the programme leaving school at the end of Yll in July 2023 secured an appropriate post-16 destination. This year, young people's understanding of how to apply for an apprenticeship improved by 45%. Bv the end of the programme two thirds of young people told us that they knew what qualifications they SB Y Trustees Annual Report and financial Statements - year ending 31 August 2024 needed to secure apprenticeship, where they were available and how to find out information about them. IOOYO of parentslcarers felt their child's conf idence had improved, and 96% said their child had a better understanding of their choices for the f uture. Young person's feedback.. "Before doing Insight into Apprenticeship5 1 hadn't thought about whot I would do ofter school ot oll. I'm still not sure whot I wont to do, but I think L7ll Grpprenticeship would be a good option os you get poid and get a quolificotion. Parentfeedbock.. "This hos been such an om02ing opportunity for Tom, to experience the possibilities out there thot may not have otherwise been visible to him. He loved oll the vi51ts and come home full of talk about whot he hod seen and learned. He especiolly loved the Avonmouth docks visit and told me 50 much about it. I think this programme is brilliont. I wish there wosfunding to make this ovoiloblefor all students. My olderson in year 10 would olso hove benefitted hugelvfrom thls. I hope thot my youngerson is presented with this omozing opportunity when he gets to year 9. Thonk you!" Insl8ht Into Apprenticeship: Somerset {Year5 9 or 101 This year we engaged 105 young people from seven Somerset schools. They benefited from 66 activities including communication and personality profilin8 workshops, employer engagement (Wessex Water, Hinklev Point and the Navy) and two colleges. The year closed with a family celebration event at Cannington College. Key outcomes included: 98% of Alumni1118183ined either an apprenticeship114%1, employment12%1 or colle8e place183%1. For our 23-24 cohort 92% of young people understood the areas that they could apply for an apprenticeship in. Young person's feedback.. "I have enjoyed doing the octivities on the trips, it mokes me feel more confident ond more knowledgeoble obout going into work in thefuture. It olso mokes mefeel more comfortoble about working with people I'm not used to working with, Being port of the programme 15 reullyfun und mokes me have o cleorer poth on myfuture." Parent feedback: .1 would like to express my grotitude for selecting Chloe to Join the "Insight into Apprenticeships" progrom. After every trip, she come home hoppy with excitement. eogerly sharing her experiences, including the muddy octivity She w05 initially reluctont to participate in. l om a150 glod andproud she hos successfully completed the progrom ondfor thot reoson she wos aworded her certificate lost week." School feedback.. "I hove been involved with the S8Y Insight Into Apprenticeships scheme since 2021. It is outstanding. The ottention to detail ond thought that goes into the Scheme to moke it beneficiol to young people is remarkable ond rewording. All the staff are positive ond olwoys set high standards ond make others believe that these stondords con be ochieved. There 15 hard doto showing the impact of the scheme but I see the soft doto on o doy to day bo515 and keep getting osked by the cohort doing the scheme when the next visit Is happening. What I like so much obout South Bristol Youth is the excellent communication ond thot they ore olwoys trying to improve an outstanding progromme." 10 SBY Trustees Annual Report and Flnanclal Statoments - year ending 31 August 2024 Future Quest (Years 9 and 10). Future Quest works with young people over two years who are selected to join by their teachers as they live in deprived areas with low numbers of young people accessing higher education (HEI. Other criteria include having the academic potential to go onto higher education but not having considered it because of family background and experience, and / or lacking confidence and l or needing support with Post 16 choices. 197 young people participated in 142 activities: from employer engagement with KPMG Accountants, Babcock International and Burges Salmon, to workshops in Communication, Profiling and Positive Mindset. Other activities included team building days at Mendip Outdoors, campus tours and taster day5 at the University of Gloucestershire, UWE, University of Bristol and South Gloucestershire & Stroud College, and a trip to London to visit the Houses of Parliament, where they met theif MP, and went on a boat trip and walking tour. Key outcomes included: 94% of participants reported that taking part had helped them understand the H E opportunities available to them. 52% of young people indicated that they would like to apply to university,. more than double the rates for south Bristol where currently only 22% of young people are in Higher Education. 100% ofteachers confirmed that youn8 people showed an increased awareness of post 16 options and had seen them deploying the skills they'd developed on the programme. Youn8 people's feedback: "Reolly opened my mind to going to University,. mode me excited for future leorning. Yhe workshops gove me things to soy about myself ond gove me o good understonding of my personolity in the 'workplace'. Parent feedback: "This hos been so beneficialfor rny son. Sadly, Ifeel I would've never looked ot universities being an optionfor him. You have shown my son opportunities thot I wouldnever of thought of being possible for him. l appreciate oll the effort and work you hove put in. He has enjoyed L711 your trips ond octivities. Thank you. I hope it continuesfor other yeor group5. Teacher feedback: "The programme is fantastic at developing students, confidence, oworeness of post-16 options ond get them better ot under5t(7nding themselves. Green Futures (Year 101 Our aim is to equip young people with the information, skills, and knowledge required to access the huge range of 'green' jobs available to them in the future. Last year the programme helped 89 young people in year 10 from six south Bristol schools. The programme consisted of seven activities, Parent/c3rer launch,. student meetings; Psychometric Profiling Workshop,. SPARKS Bristol Workshop and Climate FRESK. Green Industries Day,. Work Experience Project Day (workplace visit). and a final Celebration Event (see above}. SBY Trustees Annual Report and Financial Statements - year ending 31 August 2024 At their Celebration Event young people delivered presentations demonstrating their learning on the pro8ramme to peers, families. school and UWE staff. Key outcomes included.. Key highlights from last year's programme include that- Between the start and end of the programme we saw a 4S% increase in students, ability to describe what a '8reen' job was, and to understand how the subjects they were le3rnin8 in school linked to green jobs. > 90% of young people reported understanding the range of green jobs available in the future. 100% of parents felt confident to describe what a green job was and to support their child to identify green career options, including identifying how transferable skills may be useful. 70% of parents reported that their child knew what they wanted to do in the future and were interested in green careers. Youn8 people's feedback: "I hod o great day today.1 I really enjoyed going to see the site ond being outdoors, as well os leorning obout the 5pecie5 in the area and the 5tep5 being taken to tockle climate change. Thank youl- °Nicely plonned octivities. loved the tour, nice people. I hope we do something 5imilor and well orgonised.. Teacher feedback "It hos ollowed them to leorn to express themselves with more depth and confidence. They have become morefocused on ocodemic life beyond school" "It gives students the opportunity to See how green i55ues affect theirfuture und jobs in thefuture. Bespoke activities Year 11 Careers Advlce and Appllcatlon Support: we were able to draw on our staff expertise to provide careers advice and application support in Bridge Learning Campus, Oasis Academy Brislington, and Merchants, Academy. Communication workshops: we delivered public speaking and communications workshops en8a8ing all young people.. In Year 7 at Bridge Learningcarnpus. in Year 7 at Oasis Academy 8rislington. in Years 7-9 as part of Aspiration Days at Merchants, Academv. Unlverslty access: as with previous years, we provided UCAS workshops and l.'I support with UCAS applications/personal statements for young people from Merchants, Academy and Ashton Park School. Theatre performances: using our relationships with local theatre companies we procured special in-school performance5 for primary schools in south Bristol. We also benefited from free tickets to a performance and workshop for the Youth Board. Empowerment Week.. in partnership with The Bristol 8e3con and Bristol Music Trust we facilitated workshops for Bridge Learning Campus and Oasis Academy Brislington students. The days were designed to empower and give voice to youn8 women and non-binary students. Activities including song writing, drama, technic31 skill5, photography, filmmaking. singing and Djing helped students develop life skills. and improve their sense of wellbeing and identity. Students also visited Redcliffe Caves to explore a sound and light installation featuring 12 S8Y Trustee$ Annual Report and Flnancial Statements - year endlng 31 August 2024 the voices of minoritlsed women, and the week culminated in the production of a video by students incorporating a reflection of their experiences. Work Experience Days: building on the one-day support we provided last year, we facilitated three work experience days this year for a small cohort of young people from Bedminster Down School who had been unable to secure work experience placements in Year 10. These included an employability day, a day of mock interviews at Origin Workspace incorporating a visit to Bristol Museum, and a visit to City of Bristol College Advanced Engineering Centre. Significantly, several of the young people had only recently arrived in the country and were living in hotels, some with only one family member. Elewatlng Excellence: we ran a pilot of the Elevating Excellence programme for cohorts of 15 students in two schools, which seeks to challenge the most talented students within partner schools to achieve or exceed their potential. We hope to motivate participants to value their intelligence and the opportunities that it creates, and to achieve the highest possible outcomes available to them, as well as familiarise students with high-quality potential future pathways (for example Higher Education with high UCAS point requirements). Christmas Campaign.. we delivered food hamper5 3nd gifts for 126 children in 46 f3milies stru881ing with the cost-of-living crisis, identif led by our partner schools home-school workers. Building on the success of previous years, campaigns, we invited our donors to 8ive financial or physic318ifts this year. Primary School Famlly Link Worker feedback.. "In the leod up to Christmas, many of ourfamilies confided in us that they were worried that they wouldn't be able to provide for their children. When offered donoted presents/homper5, many of our parents broke down in teors and were so relieved that Christmos would not be ruined- mony were overwhelmed with grotitude. From the bottom of our heorts, a huge THANK Youfor the generosity of South 8ri5tol Youth and 0550ciated donors & businesses who hove contributed to the Christmos compaign - you really do not know how much this means to ourfomilies." Parent feedback: "They are going to love this, I was only thinking about wrapping paper last night but I couldn't afford any." 13 SBY Trustees Annual Report and Financial Stotements - year endlng 31 August 2024 FUTURE PLANS Plans for the year ahead have been informed by consultation with our partner5. Increased funding has given us confidence to increase our budget to £660k, and we continue to seek new opportunities for fundin8, particularly for new innovations. We aim to: Launch our Elevating Excellence programme for three cohorts of 15 young people. Develop an innovation/enterprise programme, to be delivered from September 2025. Pursue partnership/facilitator activities beyond our core programmes that increase impact across the southwest region, Continue to lead on a piece of collaborative research addressing barriers to young people in south Bristol accessin8 POSt-16 destinations commensurate with their potential. > Scale our Youth Board to include young people from an additional school, who will join13st year's Youth Board Year 9 & 10 students from Oasis Academy 8rislington. > Explore expansion of the Learning to Lead programme to address the challenges of persistent absence across the Southwest. Deliver more whole year group activities, and mock interviews. Increase parental engagement by revisiting a model of Celebration Events held in school rather than at external venue5. Continue to develop more digital resources to 5UPPOrt young people and their parents in decision making about their futures. Engage more fully with SBY Alumni to see how we have empowered them to succeed. 14 SBY Trustees Annual Report and Financlal Statem•nt8 - year onding 31 August 2024 FINANCIAL REVIEW The total income for South Bristol Youth in year ending August 2024 IYE241 was £560,6541£573.733 YE231 and total expenditure was E611,711 (£536,347 YE231. This gives a net deficit of £51,057 (YE23 net surplus £37,386). Total net assets at the year-end amounted to £360,150 IYE23 - £411,207), Finally, an additional £45,000 was received and deferred for spend in our YE25 budget in line with donor agreements. Expenditure on fundraising represented less than 2.5% of the income raised during the year. Reserves Policy Funds as at 31st AugLJSt 2024 amounted to £360,150 including £2,365 restricted funds. The Trustees have a8reed a policy of holding 6-9 month5, worth of the followin8 year's expected expenditure in Unrestricted free reserves. Unrestricted reserves as at 31 August 24 were £357,7851£407,659 in YE231. Free reserves were therefore £356,1231£407,659 10 YE231 which equates tojust under 7 months of our YE25 planned expenditure. and are therefore within the range set by trustees. The risks identified to be considered under the reserves policy are identified below at the Risk Management Section. Golng Concern There are no material uncertainties about the charitrfs ability to continue as a going concern, despite contlnued uncertainty caused by the worldwide economic crisis. Whilst the Trustees expect there to be an impact on the charity's operations and reserves in the coming months. the charity has suff icient reserves to be able to meet these challenges. Income generatlon 58Y takes care to comply with the Code of Fundraising Practice and the Charity Commission's Guidance on Fundraising. Fundraising plans are developed on a two-year cycle, with annual plans incorporated into the bLJdget, and then approved by the Board. Of the total income, 47%163 % YE231 was from income generated in the course of delivering our charitable activities, via partnerships with local schools, universities, colleges and other charities. 50% {35% YE231 was donated by generous Trusts and Foundations, and the remainin8 balance was made up of donations from individuals and community organisations. Both UWE and University of Bristol have pled8ed significant multi-year fundin8 to 5UPPOrt core pro8rammes. S8Y has been fortunate to receive long standing support from a range of local and national Trusts donors, as set out below. This is testament to their commitment to the charity and to the strength of 58Y's ongoing relationship with its partners and donors. 15 S8Y Trustees Annual Report ond Financial Statements - year endlng 31 August 2024 THANK YOU TO ALL OUR DONORS The Trustees would like to thank all organisations and individuals who have supported us this year. Particular thanks go to.. Arthur David Basil Brown Charltable Trust Bishop Fox Foundation Boston Tea Party Fairfield Charitable Trust Frankham Family Charitable Trust Garfield Weston Foundation Gosling Foundation Hargreaves Foundatlon High Sheriff of Somerset Hobbs House Bakery John James Bristol Foundation John Milne - Bristol Tutorial College Masonic Charltable Foundation Medlock Charitable Trust Natlonal Grld- Community Matters Fund Nisbet Trust Oxford Unlverslty Performa IT Pople Charltable Trust Quartet Communlty Foundation: Crime Commisslonerfs Fund KPMG Fund Tredwln & Pennington Fund Express Fund Society of the Holy Child Jesus Soclety of Merchant Venturers Somerset Communlty Foundatlon Hinkley Point Community Fund The Ninesquare Trust Unlversity of Bristol University of West of England WPA Charitsble Foundation And the very 8enerou$ pergonal contributiong made by other indlvidual supporters. 16 SBY Trustees Annual Report and financial Statements - year endlng 31 August 2024 STRucfuRE, GOVERNANCE & MANAGEMENT SBY is a Charitable Company registered with the Charity Commission and Companies House. The Board of Trustees Includes nominated representatives of the secondary schools in South Bristol as well as Bristol's two Universities Nominated Trustees appoint a minimum of three Independent Trustees to the 8oard, from whom the positions of Chair, Deputy Chair and Treasurer must be chosen. The work of the charity is underpinned by a robust system of governance. Trustees meet a minimum of three times a year to direct, lead and govern the charity. The Trustees bring a wide range of skills and expertise to ensure that SB Y undertakes it5 activities in the best interests of all its beneficiaries. They ensure that appropriate policies and procedures are in place so that the charity complies with both the legal and recommended operating practises in relationship to financial management, company and charity law, the safeguarding, health, safety and wellbeing of youn8 people and data protection. These items form the standin8 agenda for Board meetings. Trustees ensure that key legal and regulatory requirements are in place, and statutory returns are completed within required deadlines. The charity has a procedure in place to report serious Incidents to the Charity Commission. SB Y's Deputy Chair is 3 solicitor specialising in charity law. The Board recognises the need to ensure that all Trustees are aware of their responsibilities. Each new Trustee is seen by the Chair who takes them through the key responsibilities of the role and explain5 how the Board is structured and operates. They also meet with the Chief Executive who briefs them on the operational aspects of the charity and the key operational risks. From time to time, Trustees receive updates and tra ining on issues that impact their responsibilities. and in re13tion to best practice in the charity sector. Public Beneflt The Trustees conf irm that they have complied with their duties as outlined in the Charities Act 2011. This report is testament to how the work of S8Y complie5 Wlth the Public 8enefit Guidance published by the Charitv Commission. Management structure The Board regulates the term5 and conditions of employment of the Chief Executive. The Chief Executive mana8es the terms and conditions of employment of all SBY employees and consults with the Chair on all key decisions. During the year the charity employed 14 staff 19.5FTEI- primarily youth work and education specialists. Key policies All updated policies including the Safeguardin8, and the Health, Safety and Wellbeing and the Data Protection Policy are passed by the Board for scrutiny and approval. la) SBY has a Regulatory and Compliance Committee which reports to the Board. It meets three times a year. is chaired by a nominated Trustee and supported by a professional advisor. Its role is to develop and oversee the implementation of policies relating to safeguardin8 children {b) safeguarding adults Icl health, safety and wellbeing Ashton Pork School, 8edminster Down School, Bridge Leornin9 Compus, Merchants, Acodemy, Oasis Academy Brislington, Oasis John Williams, St. Bernadette Catholic Secondory School, Univ8rsity of Bristol ond the University of the West of England. 17 SBY Trustees Annual Report and Flnancial Stalements - year ending 31 August 2024 Id} data protection,. diversity, equality and inclusion,. In whistleblowing,. Igl anti-bullying and harassment,. (h} complaints.. any other policy prepared by the Committee at the direction of the 8oard from time to time.. Safe8uardln8 Safeguardin8 is at the heart of our work. Trustees and all adults working or volurbteering with SBY are subject to DBS and other checks consistent with safer recruitment practices. Delivery of all activities is supported by robust, well documented risk assessment process. The Committee has developed policies and operating procedures covering all aspects of the safeguarding a8enda. It receives reports on any incidents that occur during our operations, and / or any safeguarding concerns that have been reported to the Oesignated Safeguarding Leads in our partner schools. The Committee ensures that, where appropriate, improvements to operating procedures are implemented. Data protection We continue to review our practice to ensure that we are fully compliant with the General Data Protection Regulation IGDPRI. Considerable investment of resource has been applied to the development and implementation of a database which is used to store and access data relating to the large numbers of young people we work with securely. Privacy notices are in place to support the collection and processing of data for all aspects of our work. All staff have completed data protection training and procedures are in place should we need to report a 'data breach, to the Information Commissioner's Office IICOI, Rlsk Management The Risk Management committee chaired by the Chief Executive - reviews the charity's Risk Register on a quarterly basis and reports to the Board. The key financial risk arises from $8Y's ability to raise the level of fund5 needed to maintain delivery of its programmes. The Board places great emphasi5 on the importance of maintaining an effective and long-term approach to funding, which inclu(Jes a two-year funding plan. The increasing regional awareness of the programmes delivered by SBY within Bristol, Somerset and South Gloucestershire and the wider interest in the unique nature of our approach is helping to underpin our funding activity. The major operational risk 15 the loss of the Chief Executive Officer, which is mitigated by the high level of institutional knowledge that exists within the staff team, and that if the Chief Executive were to leave, she is required to give the charity six months, notice. 18 SBY Trustees Annual Report and Financial Statements - year ending 31 August 2024 ststement of trustees, responsibllitles The trustees (who are also directors of South Bristol Consortium for Young People for the purposes of companv lawl 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 Finonciol Reporting Stondard applicable in the UK and Republic of Irelond (United Kingdom Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each f inancial year which give a true and fair view of the state of affairs of the charitable company land the groupl and of the income and expenditure, of the charitable Icompany/groupl 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 accountin8 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 f inancial statements,. and prepare the f inancial statements on the goin8 concern basis unless it is inappropriate to presume that the charitable company will continue in business. Tl ie L'i'u5L'eés dl'e 1èSiiuI'isibl¥ foi. keeiiirig aLlequdLe dLLUUI Illi Ig i ecoi(Js L'l)i4l (iiSLIusé wil'l I I gdsufidLJle dLLuréLy t 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 a150 responsible for safeguarding the assets of the charitable company land the groupl and hence for taking reasonable steps for the prevention and detection of f raud and other irregularities. This report was approved by the trustees on 12 February 2025 and signed on their behalf by: Karl Tucker Chair of Trustees 19 SBY Trustees Annual Report and Financial Statements - year ending 31 August 2024 Independent examinerfs report to the trustees of South Bristol Consortium for Young People I'the Companrf) I report to the charity trustees on my examination of the accounts ofthe Company for theyear ended 31 August 2024. Responsibilities and basis of report As the charity's trustees of the Company land also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act'l. Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Ch3rities Act 20111'the 2011 Act'l. In carrying out mv examination I have followed the Directions 8iven by the Charity Commission under section 145151 Ibl of the 2011 Act. Independent examlnerfs ststement Since the Company's gross income exceeded £250,000 your examiner must be 3 member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales. which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe.. accounting record5 were not kept in respect of the Company as required by section 386 of the 2006 Act,. or the accounts do not accord with those records,. or 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 I'lie aLLUUI'ils lidve Iiul. been pr'epdred in dLLUI'd(Il'iig WILI'I the IT)etl)vds dl Id yr illLiyles v( i"I'ie Stateinenl of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of I reland l FRS 1021. I have no concerns and have come acros5 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. ockkn ￿LY£ Joshua Kingston 8Sc., ACA Burton Sweet Limited The Clock Tower, 5 Farlei8h Court Old Weston Road, Flax Bourton Bristol 8S48 IUR Date 12 February 2025 20 SOUTH BRISTOL CONSORTIUM FOR YOUNG PEOPLE STATEMENT OF FINANCIAL ACTIVITIES (Including Income and Expenditure Account) YEAR ENDED 31 AUGUST 2024 Unrestrlcled Restricted Total Funds Total Funds Funds Funds 2024 2023 Noto Income from: Donations and legacies Charitable activities Investments Other income Total income 48,332 264,000 15,901 232.421 280,753 264,000 15,901 205,778 364.223 3,513 219 573,733 328,233 232.421 560,654 Expenditura on: Raising funds Charitable activities Total expenditure 12,995 367,495 380,490 12,995 598,716 611,711 10,594 525.753 536.347 231.221 231,221 Net incomellexpenditure) and net movement in funds {52,257) 1,200 (51,057) 37,386 Total funds al $tsrt of year 14 410,042 1.165 411,207 373,821 Total funds at end of year 14 357,785 2.365 360,150 411.207 The charity has no recognised gains or losses other than the results for the year as set out above. Prior year fund comparaliv8s are shown in note 9. The notos on pages 24 to 32 fomi part of these financial slatements. 21 SOUTH BRISTOL CONSORTIUM FOR YOUNG PEOPLE BALANCE SHEET AS AT 31 AUGUST 2024 Company number: 07606234 2024 2023 Note Flxed a8set8 Tangible fixed assets 10 1,662 2,383 Current assets Debtors Short term deposits Cash al bank 11 9,100 304,500 109,891 8,735 341,188 151,793 423,491 501,716 Credltors: Amounts falling due wlthln one year 12 65,003 92,892 Net current assets 358,488 408,824 Net assets 360,150 411,207 Funds Unrestricted funds RostrlGted funds 15 15 357,785 2,365 410,042 1,165 Totsl fund8 360,150 411,207 For the period ended 31 August 2024, the charitable company was entitled to exemption Irom audit under section 477 of the Companies Act 2008 relating to small companies. The members have nol required the charitable company to obtain an audit of ils accounts for the period in question in accordance wilh section 476. The directors acknowledge their responsibilitl8s for complying with the requirements of the Companies Act 2006 with resped to accounting records and the preparalion of accounts. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 144121 of the Charities Act 2011. These accounts have been p￿Pared in accordance with the special provisions for small companies under part 15 of the Companies Act 2006. These financial slalements were approved by the Trustees on 12 February 2025 and are signed on their behalf by: Karl Tucker Trustee The notes on pages 24 to 32 form part of these financial statement$. 22 SOUTH BRISTOL CONSORTIUM FOR YOUNG PEOPLE STATEMENT OF CASH FLOWS YEAR ENDED 31 AUGUST 2024 2024 2023 Notes Net cash inflow from oporatlng activities 17 (92,355) (9,939). Non•operational cash flows: Investing activities: Investment income Purchase of tangible fixed assets 15,901 (2,136) 13,765 3,513 (1,9741 1,539 Not ¢a$h Inflow for the year 78,590 8,400 Cashflow restrlctions Charity law prohibits the u$8 of net cash Inflows on any endowed or other restricted fund lo offset nel cash oufflows on any fund outside its own objects, except on special authority. In practice, thls restriction has not had any effect on cash flows for the year. The notes on pages 24 to 32 form part of these financial statements. 23 SOUTH BRISTOL CONSORTIUM FOR YOUNG PEOPLE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024 1 Accounting pollcies 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 IFRS 102), and the Companies Act 2006. There are no material uncertainties about the charity's ability to continue as a going concern. despite the uncertainty being caused by the national cost of living crisis. Whilst the Trustees exped there to be an impact on Ihe charity's operations and reserves in the coming months and years. the charity has sufficient reserves to be able lo meet these challenges. Th8 charity is a public b8nefit entlty as defined under FRS102, b) Income from donations and grants is included within income when these are receivable, except as follows.. i) When donors specify that donations given to the charity must be used in future a¢￿UntIng periods, the income is deferred until those periods. ii) When donors impose conditions which have lo be fulfilled before the charity becomes entitled to use such income, the income is deferred until the pre-conditions have been met. c) Expenditure is accounted for on an accruals basis and has been dassified under headings thal aggregate all costs related to the category. d) Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for ils beneficiaries. It includes both costs that can be allocated directly to such activities and those co$t$ of an indirect nature necessary to support them. e) Govemance costs include those costs associated wllh meeting the constitutional and statutory requirements of the charity and include costs linked lo the strategic management of the charity. f) Unrestricted funds can be used In accordance with the charitable oblects at the discretion of the Iruslees. Unrestricted funds represent the free reserves of the charity. g) Designated funds have been allocated by the trustees for particular purposes within the objects of the charity. h) Restricted funds can only be used for particular restricted purposes within the objects of the charity. i) Fixed assets are slated at cost less accumulated depreciation. Depreciation is calculated to wrlte off the cost of equipment over Ihelr estimated useful lives on a straight line basls over 2-3 years. l) Trade and other debtors are rewgnised at th8 settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any discounts due. k) Cash at bank and cash in hand includes cash and short temi highly liquid investments with a short maturity of six months or less from the date of acquisition or opening of the deposit or similar a¢¢ounl. l) Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amounl due to settle the obligation can be measured or estimated reliably. Creditors and provislons are normally recognised at their settlement amount after allowing for any discounts due. 24 SOUTH BRISTOL CONSORTIUM FOR YOUNG PEOPLE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024 2 Income from donations and legacies Unrestrictod Funds Rostricted Total Ftsnds Funds 2024 DPD Group Fairfield Charitable Trust Frankham Family Charitable Trust Garfield Weston Foundation Hargreaves Foundation Integra John James Bristol Foundation Masonic Charitable Foundalion (MCF) Medlock Charitable Trust National Grid Ninesquare Trust Nisbet Trust Pople Charitable Trust Quartet Community Foundation - Crime Commissioner Quartet Community Foundation - Express Grant Quartet Community Foundation - KPMG Quartet Community Foundation - Tredwin & Penninglon Society of Merchant Venturers Society of The Holy Child Jesus The Gosling Foundats'on Other donalions 2.500 12.000 25.000 2,500 12,000 25.000 30,000 10,000 1,486 10,000 20,000 5,000 3,670 30,000 27,500 10,000 5,000 5,000 2.000 30,000 25,000 15.000 5,000 8,597 280,753 30,000 10.000 1.486 10.000 20,000 5,000 3,670 30,000 27.500 10,000 5,000 5,000 2.000 30,000 25,000 15.000 5,000 4,751 232.421 1.846 48,332 Prior y•ar comparatives Unre8trlcted Funds Restricted Total Funds Funds 2023 Dame Violet Wills Will Trust Denman Charitable Trust Frankham Family Charitable Trust Grace Trust John James Bristol Foundation Masonic Charitable Foundats'on (MCF) Medlock Charitable Trust Nisbet Trust Pople Charitable Trust Quartet Community Foundation - Crime Commissioner Quartet Community Foundation - Express Grant Quartet Community Foundation - KPMG Quartet Community Foundation - Tredwin & Pennington Society of Merchant Venturers Society of The Holy Child Jesus St James Place Charitable Trust Van Neste Foundation Olher donations 2,500 2,500 3,000 25,000 1,000 10,000 20,000 5.000 25,000 10,000 4,969 5.000 2,000 25,809 35,165 15,000 2,500 10,000 3,835 205,778 3.000 25,000 1,000 10.000 20,000 5,000 25.000 10,000 4.969 5.000 2.000 25.809 35.165 15,000 2.500 10.000 1.873 185.316 1,962 20.462 25 SOUTH BRISTOL CONSORTIUM FOR YOUNG PEOPLE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024 3 Income from Charitable Activities Total Funds Total Funds 2024 2023 8LC (Trust in Leaming Academy) Bridgwater and Taunton College Oasis Academy Brislinglon Somerset Community Foundation University of Bristol University of the West of England Venturerfs Trust WECA 6.000 10,000 86,000 2,000 10.400 125.000 125.000 125,000 125,000 6,000 7,823 364.223 264.000 Charitable activities income is represented by unrestricted funds in both the current and prior year. 4 Expenditure by activity Raising Funds Diroct Co$ls Support Total Funds Costs 2024 Green Futures Hartcliffe Support Fund Bristol Apprenticeship Programme Learning to Lead Unlocking Potential Future Quest Future Quest Elevating Excellence Somerset Apprentice Programme Discover Maths Careers Global Citizens Youth Board 985 35,591 9.166 63,876 127,788 50.750 123,415 1,238 59.231 57.518 12,701 15,546 450 3,139 39,715 9,166 89.650 142.636 55,699 134.963 1,238 65,005 63,292 12,701 17,1,96 450 1,378 3,544 1,181 2.757 4,396 11,304 3,768 8,791 1.378 1,378 4,396 4,396 394 1,256 12,995 557,270 41,446 611,711 Prior y•ar ¢omparatlv•s Raising Funds Direct Costs Support Total Funds Costs 2023 Green Futures Hartcliffe Support Fund Bristol Apprenticeship Programme Learning to Lead Unlocking Potential Fulure Quesl Somerset Apprentice Programme Discover Maths Careers Digilal Strategy 212 20,504 12,608 52,485 96,900 60,000 101,515 85.608 36.398 6.878 12,745 485,641 803 21,519 12.608 58.569 107,548 66,084 113,684 92.201 40,961 10,428 12,745 536,347 1.271 2,225 1,271 2.542 1,378 953 742 4,813 8,423 4,813 9,627 5.215 3,610 2.808 10,594 40,112 26 SOUTH BRISTOL CONSORTIUM FOR YOUNG PEOPLE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024 4 Expenditure on charitable activities - (by natural classification) Total Funds Total Funds 2024 2023 D1￿cl costs 557,270 485,641 Consultancy Insurance General office expenses Advertislng and promotion Legal & professional Accountancy Training Bank Charges Depreciation Travel IT support and maintenance Other staff costs Governance costs (note 5) 1.542 2,401 6,612 8,432 1,098 1.104 2,291 5.263 7.456 726 271 2,600 998 4.257 4.601 7,636 419 2,490 1,230 1.603 2,857 4.114 7,369 1,452 2,736 41,446 598,716 40.112 525,753 S Governance costs 2024 2023 Independent Examination 2,736 2,490 6 Net Incom• l (expendlturo) lor the year This is stated after charging.. 2024 2023 Independent Examination for independent examination seNices for other services 1,587 1,149 2,857 1,444 1,046 4,257 Depreciation No (2023.. Nol Trustees have been reimbursed for their out of pocket travel expenses {2023: £Nil).'No Trustees received any remuneration during either Ihe currenl or prior year. Aggregate donations from Trustees, key managemeni personnel. and other related parties was £62012023.. £nil). There are no relaled party transactions other than those disclosed throughout the financial statements. 27 SOUTH BRISTOL CONSORTIUM FOR YOUNG PEOPLE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024 7 Staff costs 2024 2023 Wages and salaries Social seGurity costs Pension 346,530 28,091 14,544 389.165 295,766 13,475 9,207 318,448 The average monthly headcount of employees during the year was as follows.. 2024 2023 Admin staff Project staff 10 14 13 The key management personnel is considered to be the Chief Executive . The total employee benefits received by key management personnel including employer's nation81 insurance and pension contributions was £66,726 {2023'. £61,671). One {2023". One) employee received emoluments of more than £60,000 in the current year. 8 Taxation The charity is exempt from corporation tax on its charitable aclivilies. 9 Prlor yoar fund comparativ•8 Unrostrlcted Funds Restrlcted Total Funds Funds 2023 Income from: Donations and legacies Charitable aclivilies Investments Other income Total incom• 20,462 364.223 3,513 219 388,417 185,316 205,778 364.223 3,513 219 573,733 185,316 Expenditure on: Raising funds Charitable activities Total expenditure Net income I loxpendituro) and Transfers between funds 10,594 328.857 339,451 10,594 525,753 536,347 196.896 196.896 48,966 1,652 50,618 (11,5801 {1,652) <13,232) 37,386 37,386 net movement in funds Total funds at start of year Total funds at end of year 359,424 410,042 14,397 1,165 373,821 411,207 28 SOUTH BRISTOL CONSORTIUM FOR YOUNG PEOPLE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024 10 Tangible fixed assets Equipment Total Cost At 1 September 2023 Additions 18,258 2,136 20,394 18,258 2,136 20.394 At 31 August 2024 Depreciation At 1 September 2023 Charge for the year At 31 Augusl 2024 15.875 2,857 18,732 15,875 2,857 18,732 Net Book Value At 31 August 2024 At 31 August 2023 1,662 1,662 2,383 2,383 11 Debtors: Amounts falling due within one year 2024 2023 Trade debtors Prepayments and accrued income Other debtor8 8,000 1,100 7,794 9,100 8,735 12 Crodltors: Amounts falllng duo wlthln ono year 2024 2023 Trade creditors Other creditors Tax88 and social security Accruals Deferred Income 4.321 3,888 7,755 4,039 45.000 8,406 2.129 6,828 3,029 72,500 (Note 13) 65,003 92,892 13 Deferred Income Balance blf 1 Sepiember Released during the year Deferred during Ihe year 72,500 (47,500) 20,000 111,178 (51,178) 12,500 Balance clf 31 August 45,000 72.500 29 SOUTH BRISTOL CONSORTIUM FOR YOUNG PEOPLE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024 13 Deferred Income (continued) The total income deferred to Ihe next financial year was as follows.. 2024 2023 Van Neste Foundation Bishop Fox Foundation Nisbet Trust Pople Charitable Trust Society of Merchant Venturers Hargreaves Foijndation 8,000 12,000 27.500 10.000 25,000 10,000 72,500 25,000 4S,000 14 Movement Sn funds As at 31 August 2024 1 Sep 2023 In¢omè Exp•ndltur• Transfers 31 Aug 2024 Unrestrlcted funds General Funds 410,042 328,233 1380,490) 380,490 357,785 410,042 328,233 357,785 Restricted funds Discover Maths FQ Elevating Excellence Hartcliffe Support Fund Insight into Apprenticeships Bristol Insight into Apprenticeships Somerset Learning to Lead Unlocking Potential 33,333 729 10,366 18,333 47,982 121,118 560 {33,333) (729) {9,166) (18,333) (47,982) (121,118) (560) 231,221 611,711 1,165 2.365 1,165 411.207 232,421 560.654 2,365 360,150 Total funds As at 31 Augu8t 2023 I Sep 2022 Income Expenditure Transfers 31 Aug 2023 Unrestrlcted funds General Funds 359,424 359,424 388,417 388,417 (339,451) 339,451 1,652 410,042 410,042 1,652 Restricted funds Aspire Digital Strategy Discover Maths Hartcliffe Support Fund Insight into Appfenliceships Bristol Learning to Lead Insight into Apprenticeships Somersel 1,652 12,745 (1,652) (12,745) (28,834) (12,608) (53,333) (84,376) (5,000) 196,896 536.347 28,834 13.773 53,333 84,376 5.000 1,165 14,397 373,821 185,316 573,733 1,652 1,165 411,207 Total fund8 30 SOUTH BRISTOL CONSORTIUM FOR YOUNG PEOPLE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024 14 Movemènt in funds {continued) Fund Descri tions General Funds These funds represent the free rese￿eS of the charity. These funds are available to use for any of the charitvs projects. Restricted Funds A8plre Funded by the University of Bristol and the University of the West of England to encourage young people in South Bristol to progress into lertiary education. On review of these funds the trustees concluded the funds should be unreslricled and Iherefore a transfer has been made to reflect this. Digital Strategy The digital strategy project aims lo enable SBY to develop digital resources and redesign the website. This will improve student, parental, partner and funder engagement across all digital touch points. Discover Maths The Discover Maths programme encourages real world engagement in maths, for those young people who have an aptitude. but are less engaged in. the subject. Hartcliffe Support Fund The Hartcliffe Support Fund emerged from the increased need amongst our most vulnerable families for additional support over the Christmas period during the pandemic. We coordinaled the generous donations from a variety of local businesses to provide Christmas supplies lo those familles most in need. Insight into Apprenticeships Bristol This programme is run in ￿nIUn¢t10n with interested local employ8rs, South Bristol and central Bristol schools. In central Bristol the programme has a special focus on young people from global majority backgrounds. Insight into Apprenticeships aims to help young people better understand the range of apprenticeships available lo them and to develop the skills and altitud8s employers desire. Learning to Lead This programme works with children in South Bristol across three years ol their primary and secondary school journeys. It aims to address Ihe risk of persislenl absence by increasing children's confidence in and engagement with school. Inslght into Apprenticeships Somerset This programme serves the same purpose as the South programme. but is delivered in schools across Somersel, specifically Weston, Taunton, Wellington and Bridgwater. Unlocklng Potential Funds received to work with students lo develop their speaking. listening and general communication skills and their ability to p￿sent their points of view. FQ Elevatlng EX￿llenCe The Elevating Excellence programme seek5 lo challenge the most talented students within partner schools to achieve or exceed their potential. We hope to motivate participants to value their intelligence and the opportunities that it creates, and to achieve the highest possible outcomes available to them, as well as familiarise students with high- quality potential future pathways (for example Higher Educalion with high UCAS point requirements)- 31 SOUTH BRISTOL CONSORTIUM FOR YOUNG PEOPLE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024 15 Analysis of funds As at 31 August 2024 Fixed assets Current assets Current liabilities Total Unrostrlcted funds Restricted funds 1,662 421,126 2,365 423,491 (65,003) 357,785 2,365 360.150 1,662 165,003) As at 31 August 2023 Fixed assets Current assets Current Ilabilitie$ Total Unrestricted funds Restricted funds 2.383 500,551 1,165 501,716 (92,892) 410,042 1,165 411,207 2.383 92,892 16 Company limited by guarantee The company is limited by guarantee and as such has no issued share capital. In the event of the company being wound up the liability of the members is limited to £1 each. 17 Reconclllatlon of not movement In funds to not cash Inflow l (oufflow) from operatlnq actlvltl•$ 2024 2023 statement of Financial Activities.. Net movement in funds Investment income Depreciation Increase l (decrease) in creditors (Increase) I decrease in debtors Not cash Inflow l