emerge= e.merge (UK) Company Limited Report & Financial Statements For the period 31" March 2024 Registered Company no: 05296407 (England & Wales) Registered eharity: 1152146 e.mer UK Com an Limited ort and Accounts For the ear ended 31Jt Mareh 2024 Contents Page Company Inforn]ation Trustees, Rewjrt Statement of Tn￿tees. Responsibilities Independent Examiners Report Ststement of Financial Activities 10 Balance Sheet 11-12 Statement of C&8h Flows 13 Notes to the Accounts 14-17 e.me Com an Limited Com For the Inforniation ed 31" March 2024 Legal Status A Company limited by guarantee, not having share capital. Thc governing instruthons are the company's Memorandum and Articles of Association. The company is a Registered Cbarity. Charlty Number 1152146 Company Registration 05296407 Directonllrnytees H.K. Astin S. E. De Villiers G. Taylor J Topham P.H M&ssey D. A. Jones l. Labad Resigned 5 October 2023 Registered Office 51 Kyffm Place Sutton Community Centre West Yorkshire BD4 8NB Aeeountants Torevell Dent Limited 1-3 St Al￿'S Place Pellon Lane Halifax HXI 5RB Bankers HSBC 47 Market Str¢¢t Bradford BDI ILW e.mer UK Com an Limited Trustees Re For the ear ended 31st Mareh 2024 The trustees who are also directors of th¢ company present their Report and Financial Statements for st the year ended 31 March 2024. anisation The company was incorporated on 25 November 2004 under the name e.merge (Laisterdyke) Limited. The company changed its name to e.merge (Bradford) CIC on 30 April 2009. It r¢vis¢d its Memorandum and Articles to a Company Limited by Guarantee at the same time changing its name to e.'merg¢ (Bradford) Company Limited on 24 April 2013. The company was registered as a harity on 22 May 2013. Th¢ Company changed its name to e.merge (UK) Company Limited on 3, December 2014. From l April 2015, it merged with FAST Project- London but a decision was taken in January 2019 that the London based work of e.merge would once again be set up as an indcp¢nd¢nt organisation. This took place in AprAI/May 2019 and FAST London now operates as a fully independent registcred CIO. The charity is organised so that the trustees meet regularly to manage its affairs. Trustees are appointed and re-appointed by members of the company as detern]ined by the company's Memorandum and Articles of Association. Ob'ectives of the Chari Th¢ obj¢ctiv¢s of the charity are:. 'To act as a resource for children and young people living in Bradford and the UK by providing advice and assistance and organising programmes and community facilities, within a c}￿Istian ethos, (a) advance in life, and helping young people by developing their skills, capacities and capabilities to enable them to participate in society as independenL matur¢ and responsible individuals; (b) advance education; (c) relieve unemployrnent; (d) provide recreational and leisure time activity in the interests of social welfare for people living in the area of benefit. who have need by reason of their youtty age, infirniity or disability, poverty or social and ¢conomic circumstances with a view to improving the conditions of life of such persons., Trustees H.K. Astin S. E. De Villiers G. Taylor Resigned 5 October 2023 J Topham P.H Massey D. A. Jones I. Labad e.me Com Limited Trustees Re ort For thc ear cnded 31at March 2024 Continued Introduction emerge is a young people's clwity and we have been delivering transforniational youth work in the eststes and inner-city areas of Bradford for over almost 30 years. Our vuion is to Insplre IAstlngpositlve change in the lives olyoungpeople, aiming lo inspireyoung people towordf personal growlh. befler physlcal and mental wellbeing* posilive engagement in education and ¢0 adively transform our conununlti Overvlew To achieve the above, we b¢li¢ve in a r¢latioDal and holistic approach, aiming to meet young people in multiple settings including our tsrgeted programmes (e.g. school-based supporL mentoring. wellbeing groups and social action projects) and our open community youth work (sport. arts and activity ￿sSIOns) which together create long tenn sustaithle involvement in positive activities. This is built on our theory of change wbich describes how we see impact as we Buill Deepen. Focus and Release relationships with young people. Our youth work is predominantly delivered within the BD4 area of Bradford across the communities of East Bowling. SuttonlLaisterdyke, Bierley and Holme Wood. Our off¢r in each area is available between four and six days per week. In each community we aim to have a broad offer which enables us to meet young people in multiple sessions across both school and community-based work, involving each individual in an appropriate mix of fun and focused activity. Our work includes: Open activities to engage young people in a variety of settings includAng outreach on the streets, sport and activity sessions in local parks and court4 drop-in youth clubs and a broad open programm¢ of holiday activities. A range of more focused sessions and projects which may target specific groups or are open to young people to self-refer into. Thcse include: sports coaching, social action groups planning and leading community events, wellbeing groups, health and fitness worK leadership programmes, young adults SUPFM)rt (life skills, employability and wellbeing). A ￿hOOl-baSed programme of one-to-one support and group work. We have contracts with a range of secondary and primary schools for this work within which we are often seen as a vital part ofthc schools, pastoral care and support systems. We also work alongside the Virtual School supporting Looked After Children. out uts 2023124 This year has been a busy year - we have worked alongside more young wple and delivered significantly more sessions. at least partly due to th¢ mentorlng research scheme we havc been part Individual Young people engaged - 1252 (2023 - 1,170) Totsl number of sessions delivered- 4,740 (2023 - 3.880) Total attendances at these session- 17075 (2023 - 19.053) Community Youth Work Young Pcople cngag¢d- 936 (2023 - 847), Sessions (kliv¢r¢d- 1.748 (2023 - 1.334 Schools Intervention Programme. Young People engag￿- 371 (2023 - 393), Sessions delivered 2,653 {2023 - 2,244) e.me Com Limlted Trustees Re For the ear ended 318¢ March 2024 eoDtAnued hts of our work this This p&st year h&s seen us develop new partnerships and expand the range of work with existing parthcrs. In Holmewood, a joint grant from The National Lottery has formalised a partnership between ourselves. the Valley Project and St Christopher's Family Centrc. helping grow our work there. We have also grown new work with St¢p2 Young People's Charity supporting two wellbeing focused boys groups a new project supporting young women aged 16 to 25. Alongside these newly funded partnerships we are immensely grat¢ful for our long-standing parthcrships in many different areas of our work. Our Youth Social Action programme has grown and developed signifi&qntly this year involving 190 different young people. The youth led Core Group alongside the local weekly sessions have coordinated and led over 30 social action evcnts including tidying local parks, litter picking, gardening, creating children's activities and leading fun days. Young people have also been involved in an intergenerational project. supporting nU￿￿OuS community open days and large ev¢nts both locally and city wide. This year we have delivered youth work activities with young people has across 51 weeks of the year (we shut down at Cl]rists). Our programme through the school holidays has been busy and productive with a range of trips. residential experiences. bik¢ rides, sports, arts and craft programm¢s and fun days in local parks, with a good meaI supplicd at almost all events. Some of the activities and the meal provision have been funded through the Healthy Activities and Food (HAF) programme. Our work in schools is a flourishing and positive side of our programme. This year we are particularly pleased with the development of a new relationship and contract with St Joseph's School. We are also pleased to be growing our link with Bradford Virtual School and stsrting to support more Looked After Children in school years 6 and 7 across the city. This work is helping us become known and established in different schools around the city. This year has been full of training and development for our staff t¢am. The whole team have completed the Youth Mental Health First Aid course. refresb¢d our accredited Safeguarding training (alongside regular int¢rnal training), and Food Hygiene training. Alongside this individual team members have completed training on addressing Anxiety and Grief with young people, Understanding Anger, and Drug and Alcohol issues. Team members have also been to the National Youth Ministy Weekend conference. Our Im fdet Supporting the wellbeing of young people has been a significant theme of our work over the last few years. In Febnwy 2024 we conducted a short survey with just over l 00 young people involved in our work to see how effective our support w&s. We were delighted with the responses: 8W/o said that Emerg¢ has helped them understand their m¢ntal wellbeing better. 91 % said that Emerge helps them look after their wellbeing 'most of the time, or 'always'. 850/0 said that we help them be '5ignificantty more. posktive and optimistic for the future. 860/0 said that Emerge is an important part of h¢lping them fA)pe with challenges in life. We continue to use the Centre for Youth Impact's outcomcs fram¢work to monitor and und¢rstand how our work contributes to the growth of socio-emotional skills in young people. The results from e.me Com Limited T￿￿tee8 Re ort For the ear ended 31st Mareh 2024 eontinued this year show that our work is particularly effective in developing teamworL reS￿nsIbIlity and initiative skills. and for many young people the development of emotion management skills has been particularly important in their lives. Lookin Ahead to 2024125 Alongside continuing the many fantastic activities we deliver with young people w¢¢k by we¢K we will b¢ focusing on the followAng in the coming financial year: Improving our longer-terni financial planning and our Work towards better sustainability though more regular consideration of 2-to-3-year budgets. Analyse various office and admin functions and consider if th¢rc arc ways to ￿ more efficient and effective. Renew our contract WAth the Virtual School in a way w]Jich expands the reach and scope of thc Transition Support for Looked After Children. Secure funding to support our BD4 centr￿ Social Action group which is growing into a very positive way of young people having a stronger voir2 in decision making internally and within local communities. R¢vi¢w and potentially refresh our impact and OUt￿m¢S measurement approach. Review of Financial Affalrs The accouDts of the charlty show a deficit of £87.692 and a net cash outt]ow of £99.764 for the y¢aT st to 31 March 2024. This is in part due to a delay in receiving grant funding that was secured during the fllLgncial year but was not received until after the end of the financial ycar. This funding totals £56,387. Th¢ deficit was also cxpected as part of an agreed stratcgy to invest fijnds held from the sale of a property in 2019. which have enabled thc development and delivery of a Young Adults Employability and Wellbeing project. The charity has considvcd its future fllLIDcial obligations and prepared forecasts which demonstrate it can continue to operate for the next 12 months. The Tnths have reviewed thos¢ forecasts and approved th¢ continued operdtion of the clwAty. The forecasts prcsent an expectstion of sustainability of funding gained for multiple sourccs and reflect appropriately adjusted exp¢nditure where funding has not been received or not been ren¢wed for future y¢ars. Reserves Poli The Trustees are working towards a policy whereby th¢ unrestrACted funds, not committed or invested in tangible assets ('the frce reserves,) held by the charity are between 3 and 6 months of the r￿nIng costs of the charity at the time expended As of 31 March 2024, this rwuires us to have a minimum of £121.528 unrestricted funds. To date expenditure has been conditional on anticipated and guardnteed income but we continue to work towards this reserves ￿lley. Risk Mana ement The Trustees have conducted their own review of the major risks to which th¢ charity is ¢xw)sed and systsms have been ¢stablished to mitigate those risks. Significant ¢xt¢rnal risks to funding have I to the development of a strategic plan which will allow for the diversification of funding and e.me UK Com Limited Trustee5 Re For the ear ended 318t March 2024 continu¢d activitie4 including social enterprise. Int¢Tnal risks are mini￿sed by the us¢ of professional CODSU]tants and the implementation of procedures for authorisation of all transactions and projects and to ￿lsure consiSt￿t quality of delivery for all operntional &8pects of the clwitable company. These procedures are ￿riodICallY reviewed to ensure they still meet the needs of the charity. Investment Poli The Trustses have considered the most appn)priate policy for inv¢sting funds. Short tem] reserves will be held in the Trustees, interest-bearing bank deposit account and trdnsfer of funds between accounts can be facilitated by electronic transfer on-line to maximise potential earnings of interest. Long tern] reserves will bc held in accounts designed for the charity sector, with the requirement to generate income and / or capital growth. e.nier oni.. Liniited Sialement of Trustees Res on5ibilities For tlie vear elided 31, Marcli 2024 Statement of Trustees Rc$ onsibilities The iruslees are re.%pnii%ible flir preparing? tinc111cial slalemeiii8 f()r elich finanLiul )'ear. Under ihal11i H, the iruslees have eleLied ii) prepaj'e thc finrfillci¢il .%l¢iienienls in aLLibrdancc H'iih SORP {(I-. RS 11121 aiid appl iLcible laivl. The fii)4incial %talLlll¥nts are requi I'¢d by laii, Ic) giji'e a IruL' and fair i'iew ol. Ilie stale of al'f1( irs of ihe L()mpilll}' and ol" Ilie prcil Il ()r l(Iss i)I' Ihe cc)nii)any for Ilie peri(￿. In prLpariJibJ ihest linancial .slatemeiiis. Ihe Iru.8lee% are io-. SLILCI suiiable aLLc)unlin¥ pnliLiL'S and Ilien apply iheiii Loiisislcnily: Mak'L' judbyeiiienl¥ and Lsliiiiiiies Ilidl dfL reasonlL ble éiiid prudini: Aiicl Pi-Lpai'e Ilie linanLlcil 8iaiLJnenis vn Ilie gioin&N L()nLLm ha8is ui)le&% il i.s inappr()prialL I<) a.8qui)ie Il)ai ilie Lonipany i4'ill cuniiniie in bu5iiiebb. Th¢ IiuslL¢S AI'L. re.%p()nsiblL for iiiaiiitLiiiiiiig i)I'oper accc)unlinb7 rec()Tds ￿,}71¢11 di.scli)se iviili reasonablL aLciirac)i ill iilly iiiiie Il)¢ fijiancial Posllion ol. Ihe c()Inpany and io enable Iliein lo eiisuJ'¢ Ihal tlie I InanLi111 blaiements Lomply wilh ilie Companies Aci 21106. 1.lie iruslLe% are alsn ItSPL)nsiblc for 8afL&'uardiii&i tlit. assels <)f ihL' LoiiipaIiy aiicl hcnLC foj. lakingj rL'as()nable Slei)s for tlic preveiilii)ii and deleclion nl. fraud 8nd other irregularilies. Trustees Tli¢ TrusiLL%, ll,li() ¢irc dii'cLlOf.s r()J' Iht purpDse ofc()Inpiiny laii, aiid IruslLL'% l<)I' Ihc pury)cise (Il'Lliai'il! lai¥,. ￿,11￿} %erve(I duriiig> Ilil pei'ii)(l ai'L' bLI Dul ()n PnipaniL's and Miiih ihe SORP { FRS I ()? ). iSSULd Tli nLlI)bLr 2019 Tlie liiiaiicial siaiemeiil% V4'eif aPPii)VLd by tIiL Bodl'd ol- Dii'eLI()I'S ifjl)d iilii'e .si&Tii¢d ()n 114 bLliaif b%, Hoii'Ard Astin Dircetor DalL. 24, f)clobei' 2024 '1-1Ii 114)ie.4 1)n p¥gJe¥ 14 In 17 lorni pam of ilit* fiiidlliidl staiemeni4 e.me Com Limited Statcment of Cash flows r the vear nded 315t March 2024 2024 2023 Cash flows from operating aetivities: Net cash (used in)/provided by operating activities as below {99,764) 33 Cash flows from investing activities: Purchase of property, plant and equipment Proceeds from the sale of propety. plant & cquipment Net cagh (used in)/provided by investing activities Cash flows from fmancing activities: Repayments of bom)wing Cash infiows from new born)wing Net cash (used in)/provided byfinancing activities Change in cash (md cash equivalenls in the reporiingperiod (99,764) 33 Cash and CAsh equfvalents At the beglnnkng of the reportlng period 252,814 252,781 Cash and cash equivalents at the end of the reporting period 153,050 252,814 Reeoneiliation of net Income l(expeDditsre) to net cash flow From operating gctivitieg: Net (expenditsrey income for the reporting perlod (as per the statement of financial adivities) Adjustments for: Dq)reciation charges (Increase)l Decrease in debtors Increasel(Decrease) in creditors (87.692) (14,475) 2.725 (17,728) 2,931 4.691 9.624 193 Net cash (used in)1 provided by operating activRtie8 (99,764) 13 e.me UK Com Notes to the Accounts For the ear ended 3181 March 2024 Statement of Aeeounting Polieies a) Basis of Aeeounting The accounts hav¢ IK¢n prepared in accordance with the Ststement of Rccommended Practice: Accounting and R¢porting by Charities preparing their accounts in accordance with the Financial R¢porting Stalldard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019 and the Financial Reporting Standard applicable in th¢ UK and Republic of Ireland (FRSI02) and thc CharAti¢s Act 2011 and UK Genernlly Acc¢pted Practice as it applies from l January 2019. The accounts are prepared under the historical cost convention with the exception of the valuation of c¢rtain tangible fixed assets. b) Ineome and endowments Income and endowmcnts ar¢ r¢tK)rted gross. c) Donations gnd legaeles Donations and legacies are credited in full to the fllwicial statements on a cash basis. d) Direct Charitabk Expenditure and Other Costs DiKct charitable expenditure comprises all expenditure directly relating to the objects of the charity. When necessary. support costs are allocated between direct charitable expenditure and other costs on a basis designed to reflect the use of the resources. Expenditure is included in the accounts when the liability is Incu￿ and includes non-recoverable VAT. e) Fixed Assets Fixed assets are included at cost less accumulated depreciation. Depreciation is provided on the followAng basis to write down the cost of the assets over their expect￿ us¢ful lives: Freehold Propety Computer Equipm¢nt Furniture and Equipment Motor Vebiclcs straight-line basis 33 % straight-line basis 250/0 reducing balance basis 250/0 reducing balance basis fj Rutricted Funds Where funds have been received for specific purposes they are treated as restricted funds. Pensions The charity contributes to a defined contribution pension scheme. The assets of the scherne held separately from those of the charity in independ¢ntly admiri￿ trusts. Contributions are charged as incurred. 14 e.me UK Com Limited Notes to the Accounts For the ear ended 3191 March 2024 2024 2023 Staff Costs Salaries National Insurance Pension ContrAbutions 351,646 19.959 17269 305,688 14,723 14,987 388074 335J98 The average number of staff during the year. calculated on the basis of full-time equivalents w&8 12 (2023: 12). Net Ineom¢ for th¢ year this is stated after ebarging: Depreciation DireCtorsifn￿tee'S salaries Accounting fees 2,725 35,742 1,675 4,691 41,293 1,675 40,142 47,659 At the start of the year, we had two long standing members of staff are also trustees. They were both paid for th¢ir staff role, but not paid for Trustee duties. During the 2023124 year one of these has stepped down from being a trustee. We now have just one trustee who is also a paid stsff member. Expenditure on Staff Costs Activity costs Propcty expenses Office and adn]iillstration expenscs Professional expenses Depreciation Minibus expenses Travel expenses Finance costs 388,874 25,607 389 30,643 25,746 2.725 3.153 5.597 427 4.628 335.398 22.178 1,892 30,946 3,656 4.691 3.534 6.824 176 1,159 487,789 410.454 15 Com Notes to the Aceounts For tbe ear ended 31st Mareh 2024 5. Tangible Fixed Assets Molor vehitle Furniture & equfipmenl Computer equlpment Totsl Cost At 1° April 2023 Additions Disposal 11.940 6,258 15.939 34,137 At 311t March 2024 11,940 6358 15939 34,137 Depreelation At I" April 2023 Charg¢ for the Year Elim on Disposals IOJ46 399 5,021 309 13,922 2,017 29289 2,725 At 31Bt Mar¢h 2024 10,745 SJ30 15,939 32,014 Net Book Value At 31" March 2024 1,195 928 2,123 sl At 31 March 2023 I￿94 1237 2,017 2024 2023 Debtors: Amounts falling due within one year Trade debtors Prepayments 28,227 4,452 10,970 3,981 32,679 14,951 Creditor: Amounts falling due wlthin one year Trade creditors Accruals 3.412 1.675 481 1,675 5,087 2,156 16 e.me Com an Lffill￿ted Notes to the Aecounts For the ear ended 31st M h 2 Funds Unrestrleted Restrleted Total Tangible Assets Current Assets Current Liabilities 2,123 156,783 (5.087) 2,123 185,729 (5.087) 28,946 153,819 28,946 182,765 17