**COMPANY REGISTRATION NUMBER: 06700295 CHARITY REGISTRATION NUMBER: 1153785**
## **Jade Youth & Community Ltd Company Limited by Guarantee Financial Statements 30 September 2024**
## **ALLEN, WEST AND FOSTER**
Chartered accountants& statutory auditor Omega Court 364-366 Cemetery Road Sheffield S11 8FT
**Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Financial Statements**
## **Year ended 30 September 2024**
||**Page**|
|---|---|
|Trustees' annual report (incorporating the director's report)|**1**|
|Independent auditor's report to the members|**18**|
|Statement of financial activities (including income and expenditure||
|account)|**23**|
|Statement of financial position|**24**|
|Notes to the financial statements|**26**|
**Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)**
## **Year ended 30 September 2024**
The trustees, who are also the directors for the purposes of company law, present their report and the financial statements of the charity for the year ended 30 September 2024.
## **Reference and administrative details**
|**Registered charity name**|Jade Youth & Community Ltd|
|---|---|
|**Charity registration number**|1153785|
|**Company registration**||
|**number**|06700295|
|**Principal office and**||
|**registered**|Former Customer Service Centre|
|**office**|New Street|
||Dinnington|
||Sheffield|
||S25 2EX|
|**The trustees**||
||Rachel Veitch-Straw|
||Billy Shaw|
||Martin Schofield|
||David Oldroyd|
||Lee Collins|
|**Auditor**|Allen, West and Foster|
||Chartered accountants & statutory auditor|
||Omega Court|
||364-366 Cemetery Road|
||Sheffield|
||S11 8FT|
|**Bankers**|Unity Trust Bank PLC|
||9 Brindley Place|
||Birmingham|
||United Kingdom|
||B1 2HB|
**1**
**Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 30 September 2024**
## **Structure, governance and management**
## **Governing Document**
The organisation is a company limited by guarantee, incorporated on 17th September 2008 and took over the assets and liabilities of the unincorporated charity, Just Another Dance Event, with effect from 1st July 2009. The company was established 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 required to contribute an amount not exceeding £1 each. The company has applied for charitable status with The Charity Commission and this was granted on 12th September 2013. On the 1st of November 2017 the organisation changed its name to JADE Youth & Community Limited as reflected in the updated governing document.
## **Recruitment and Appointment of Management Committee**
Trustees are elected at the Annual General Meeting held every year.
The trustees (who are directors for the purpose of company law) who served during the year are as follows:
Martin Schofield (chair) Lee Collins (vice chair) David Oldroyd Rachel Veitch-Straw Billy Shaw
## **Trustee Induction and Training**
JADE Youth & Community has an experienced group of trustees. All trustees receive an induction into their role by the Manager including training and development opportunities which include sessions around procurement and commissioning, safeguarding & safer recruitment, strategy and change management and financial management and controls. New trustees are provided with guidance from the charity commission such as CC3 The Essential Trustee, CC3a What's Involved and CC25 Charity Finances - Trustee essentials.
## **Risk Management**
The management committee has conducted a review of the major risks to which the company is exposed. A risk register has been established and is updated annually. Where appropriate, systems or procedures have been established to mitigate the risks the company faces. Significant external risks to funding have led to the development of a strategic plan which is allowing for the diversification of funding and activities. This plan was renewed in 2018 and the trustees and manager worked with an external consultant to develop a new five year strategy. Internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects. Procedures and audits are in place to ensure compliance with legislation in relation to the safeguarding and health and safety of staff, volunteers, clients and visitors.
**2**
**Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 30 September 2024**
## **Organisational Structure**
JADE Youth & Community has a board of trustees who meet bi-monthly as an Executive and currently has a Finance & General Purposes Sub Committee. The company currently employs 8 staff members equating to 6 FTE.
## **Objectives and activities**
The objects of the group are to act as a resource for people, in particular but not exclusively young people, living in Rotherham and Sheffield and the surrounding areas, by providing advice and assistance and organizing programmes of social, physical, educational and other activities as a means of: (a) Advancing in life and helping people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals; (b) Advancing education; c) Relieving unemployment; (d) Providing recreational and leisure time activity in the interests of social welfare for people living in the area of benefit, with a view to improving their conditions of life.
**3**
**Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 30 September 2024**
## **Summary**
Over the last year we have continued to grow and develop our offer, whilst successfully supporting children, young people, families and the wider community to overcome many of the disadvantages they face, lead healthier, safer and happier lives, and grow to reach their full potential. Over the last reporting period we have supported 545 individuals, who have created 6269 attendances to our activities and reported a wide range of positive outcomes.
We have worked through our open access youth provisions to provide a diverse offer of positive activities, education and learning, social opportunities, issue based youth work and targeted support to ensure our children and young people have an enjoyable and accessible offer of activities that builds their skills, confidence and self-esteem, alongside fostering positive relationships with professional youth workers and counsellors who are able to support them with the issues and challenges they face. We have supported a broad demographic of young people through our Senior, Junior, SEND & LGBTQ open access groups.
Through our alternative education provision, we have worked with young people from across the borough who are unable to access mainstream education due to their levels of need. Many are looked after children, have additional needs, have social care involvement, and as such face a range of challenges. We have supported them through our youth work and counselling team to address their barriers to education and their individual needs, whilst engaging them in accredited learning through our NOCN functional skills, Math’s, English and personal development programs of learning. As a result of this we have seen many young people safeguarded from harm, achieve qualifications, re-engage with education and go on to be happy, confident young people who are ready to leave our provision with the skills they need to succeed.
**4**
**Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 30 September 2024**
We have further developed our counselling and mental health offer in partnership with young people to address the huge void in mental health support for children and young people. Young people have helped shape the offer to ensure our approach is nonclinical and community based, child focused, flexible and responsive to need. This has been a huge success from the start, we are currently seeing significant demand for this service, and as such we are looking at plans to scale our support through taking on student counsellors, this will provide placements for university students in their final year and allow us to scale up our support to meet demand. We recently featured in a SKY News article which highlighted the need for such services as below (Please Click and Watch): Inside 'mental health bank' helping children in 'crisis' | UK News | Sky News
Our community continues to face significant disadvantages, with challenges such as the cost-of-living crisis impacting on those who are most vulnerable, and who already face a range of challenges, and as such have multiple and complex needs. Our services have become a lifeline for many, with the positive and meaningful relationships we build with our families and community acting as a platform to target support. We recognize that many of the issues our families face are complex and interconnected spanning issues such as poverty, employment, safeguarding, mental health, parenting, youth, addiction, offending, family breakdown, bereavement, housing amongst many other key issues that create significant disadvantages. To address this, we have continued to grow our offer to holistically meet these needs, through our open access youth provisions, social events and trips, alternative education provision, counselling, mental health offer and whole family support.
We have recently employed a new staff member who is a qualified and registered social worker, we have taken social investment from KeyFund and developed a new modular building on site, and we are in the process of launching our family hub service. This will enable us to increase our support for parents, families and young people with a diverse offer, some brief examples include. parenting courses, support navigating services, securing Educational Health Care plans, school refusal support and support for EOTAS children and families (Educated Other Than at School), cost of living support, housing, amongst many other issues that our families face. As with our other services this will be delivered in a way that works for our community, through our non-statutory offer, building upon our strong and positive relationships and working in partnership with our families and communities as opposed to delivering services to them.
**5**
**Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 30 September 2024**
Many of our young people and family’s access all, or multiple services we provide, ensuring we can holistically meet their needs, whilst providing enjoyable social, learning and creative opportunities that bring our community together. All our beneficiaries have enjoyed a diverse range of activities, some brief examples include trips to the seaside, arts projects, stop motion filming, music production, dance, drama, outdoor adventure activities, seasonal activities such as Halloween crafts and parties, wreath making, Easter crafts, popcorn and film nights, parents bingo sessions amongst many other social activities that bring our community together, bring joy and laughter and support engagement in our wider services. **Activities**
## **Senior youth club x 2 per week**
Our open access senior youth provision has continued to support a significant number of disadvantaged young people from our community. Providing positive activities that they value and enjoy such as boxing, music production, food and drink, arts and crafts, gym sessions and personal training, games consoles, sports amongst many other activities that help our young people build relationships with our staff team, develop skills, and grow their confidence and self-esteem. Our positive activities are delivered alongside a curriculum of topic-based youth work that covers many of the social and personal issues our young people face, helping them to develop skills to navigate their often-complex lives.
These sessions continue to build long-term relationships with young people, enabling us to identify need and target further support and engagement through our family hub, counselling, alternative education provision and wrap around care support. This has enabled us to work across all areas of young people’s lives, such as community, social groups, education and family to affect meaningful change that enables them to live happier, safer and healthier lives.
_‘My boy has been through so much and I just didn’t know where to go and was getting no help. Nobody listened or cared. When he’s been to counselling at jade that changed and his confidence has got good. He is happier and every time he sees the counsellor he gets a bit better.’ (Attempted suicide / depression / personality disorder) parent of J male age 15_
**6**
**Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 30 September 2024**
## **Junior Youth Club x2 per week**
Our junior groups are very busy, noisy and colorful, from den building, baking, sports, games and dance to painting and drawing, popcorn and film nights to Halloween, Christmas and easter parties and activities, our Juniors and parents value and enjoy their junior youth club sessions. Alongside providing positive activities that help our juniors grow and develop personally, cognitively and socially, our sessions act as a safety net for vulnerable families, taking an early intervention approach to targeting support around a range of issues such as safeguarding, parenting, poverty, managing behavior, supporting young people with additional needs, securing educational health care plans amongst many other issues we support children and parents with. We work with a wide range of partners to provide a diverse offer that supports our children to engage in activities they would otherwise not have the opportunity to engage in, and we ensure children from our community who face significant disadvantages have the support in place to grow and thrive.
## **Special educational needs and disabilities youth club x 1 per week**
Our Children, young people and families SEND group fills a significant gap in provision for SEND children and families. We provide a diverse range of positive activities that are adapted to suit our SEND children’s needs, examples include quiet spaces, friendly access spaces, our sensory room and community garden. We provide many of the activities that young people enjoy in our other youth work sessions but ensure this is delivered in a way that ensures access and participation for our SEND families. We ask parents and carers to attend due to the high level of personal care some children require, however this has also helped create a network of support for our parents who have begun to meet outside of our sessions for various events, this significantly lowers their isolation as SEND parents and enables them to share their experiences with others who face similar challenges.
_You have done so much for me I don’t know where to start. You have helped me and my mum through thick and thin and we wouldn’t be where we are today if it wasn’t for you. For all the help you gave us. Thankyou!” M, young person._
**7**
**Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 30 September 2024**
## **Transition Group x2 per week at the end of the school year**
We recognized that our junior school leavers needed support to transition into our senior youth provisions. To support this, we ran a 2- month transition group twice a week, supporting year 6 leavers to mix with some of our younger senior members and grow their confidence to transition into our senior group. This has been hugely successful in ensuring we retain young people who are transitioning to secondary school and has supported us to ensure we continue to see strong attendance to our senior sessions. Young people have also told us this has really helped their transition into secondary school as they have new friends from years 8 and 9 which they have met through our offer, ensuring a smooth transition to both our senior group and their secondary school.
## **LGBTQ group x1 per week**
Our LGBTQ group has provided a safe and enjoyable space for our LGBTQ young people. As with most of our groups, young people have played a significant role in designing and developing their offer. There are few groups available that cater specifically for LGBTQ young people, however the young people who attend felt that most groups focus too heavily on LGBTQ issues, history and learning as opposed to providing a safe and welcoming space with activities they enjoy. As such, our young people access a wide range of activities they enjoy, from rock climbing in the peak district, to art projects and music production. Many of the groups struggle with their mental health, and a significant proportion have conflict at home with parents around their identity, as such we target a lot of support through our youth work team and counselling support which helps our young people to overcome these challenges.
_“Thankyou for everything you have done for me over the last year and helping me with everything I needed” - Charlie age 15_
**8**
**Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 30 September 2024**
## **Alternative education provision x 4 per week**
Our alternative education provision continues to fill a significant void for young people who are unable to engage in mainstream education. We take referrals from schools, social care, virtual schools (looked after young people) and the local authority. Many of the young people who attend also access our evening youth provisions and counselling ensuring seamless support. We take a trauma informed approach that addresses the barriers young people face to education.
We provide an accredited NOCN Math’s and English offer which supports young people to achieve qualifications, this ensures they secure the needed qualifications for college courses despite not been in school, we work with parents, social care and school to support transition back into education, we provide life skills such as budgeting, cooking, managing relationships, personal and social development, and we support our young people to build the skills and confidence to leave our offer with belief in themselves and the ability to engage and achieve. As with all our sessions we provide a wide range of positive activities that young people enjoy, build their confidence and self-esteem and support our staff to build positive and meaningful relationships.
_· “Thank you for everything you do for me. You’ve made me the person I am today” young person on last day at alternative provision._
**9**
**Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 30 September 2024**
## **Adults’ disability group x1 per week**
We have supported a weekly adults disability group, which was formed following the closure of the group’s Centre, leaving them without a space to meet, socialize and access support. The group make full use of our facilities such as our sensory room, pool tables, games consoles, kitchen, and enjoy activities such as arts and crafts, baking, use of our community garden and having an appropriate environment to socialize in with supportive staff. The group supports disabled adults from our community to come together, socialize, access activities they enjoy and access support This reduces their isolation, improves their mental and physical health, and is a vital service to ensure they are connected and supported within the community.
## **Counselling x 5 days per week**
Our counselling offer has continued to be in high demand, providing a nonclinical, young person focused approach, that is flexible and responsive to need. We utilize a range of alternative approaches alongside traditional face to face counselling, such as play therapies, walks in the community with a therapy dog, arts and crafts, sports and other activities that remove barriers, and support young people to engage. Earlier this year we featured in a SKY News article that ran on the main headlines for 24 hours, alongside specialist politics slots that promoted the issues young people face around accessing mental health support. The service continues to be shaped by young people and parents, works across all our provisions and the wider community, and meets a vital need for young people who are often in crisis and can’t access support elsewhere.
_“CAHMS waiting times are so long and we just didn’t know where to turn, until we found the counselling service at Jade! Our daughter has not only sat her exams but is now confident to move onto college. Thank you we will be forever grateful.”_
**10**
**Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 30 September 2024**
## **Cost of living support**
Our families continue to be significantly impacted by the cost-of-living crisis, to address this we have provided a wide range of support from helping secure support services, benefits advice, to food parcels, supermarket vouchers and energy meter top ups throughout the year. We have secured over 100 gifts from cash for kids’ - mission Christmas for 2024, to ensure some of our most disadvantaged children and young people who are unlikely to receive a gift have a gift this Christmas. As we have previous years, we are due to distribute Aldi vouchers and energy top ups to families to help ease pressure through the Christmas period. We are increasing support through the provision of our family hub and our dedicated family worker, who has been supporting families to access a wide range of support.
## **Family Hub and Parenting support**
We continue to support parents and families through our counselling provision, wrap around care, cost of living support, and our new family hub offer, providing tailored 1:1 support that meets complex and multiple needs that our families often face. We have developed a new building on site and employed a family hub worker who is a qualified social worker, Triple P tutor and has a background in family support and advocacy. This enables us to provide support around a huge range of issues, some examples include housing, benefits, budgeting, employment, education, strategies for parenting, managing relationships, navigating statutory services, supporting children’s mental health, safe
sleep, be share aware, teen parents support, baby sensory, amongst many other areas of support. This is significantly increasing support for our families and connecting our community to a network of providers through the Rotherham Family hub network.
**“My son came to see the counsellor at the Jade Centre with thoughts of suicide and being bullied. The counsellor has worked tirelessly in supporting not only him, but all our family in helping him improve his mental health. He is now back at school and confident in moving forward”**
**11**
**Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 30 September 2024**
## **Trips and events**
We have provided a range of trips and activities outside of our center, for our children, young people and families. We booked coaches and took 48 people on an annual trip to Skegness during the summer holidays. For many of our families this is the only summer trip they will enjoy. We have worked in partnership with Rotherham Children’s Capital of Culture who have supported our families to attend a range of cultural events and festivals across the borough, and we have taken our young people on a wide range of trips such as paintballing, bowling, rock climbing, canoeing, hiking and other opportunities that support their wellbeing and development. Most of our young people and families would not have opportunities to participate in these experiences without our support.
“JADE have worked with the school and us to support our son with his breakdown and mental health. They have signposted us onto appropriate support systems but most of all they are there! I can not explain how supported we feel as a family. Thank you so much!!!!”
**12**
**Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 30 September 2024**
## **Impact**
Over the last monitoring period we have worked with 545 individuals who have created 6269 attendances to our activities. Monitoring and evaluation show young people, children and families reported the outcomes below:
## **Outcomes**
## **Attendance by Session**
**----- Start of picture text -----**
SEND
Transition 6.7% 6% Seniors
13.5%
Other 4.4%
Support
for parents
9.6%
545 Individuals
6269 Attendances
Counselling
5.8% Juniors 34.7%
LGBTQ
5.8%
**----- End of picture text -----**
**----- Start of picture text -----**
47 Maths and English
Qualifications
Achieved by young
people not in
education
54 Individuals
received 1:1 counselling
**----- End of picture text -----**
**----- Start of picture text -----**
Approximately 860
Sessions delivered
**----- End of picture text -----**
Alternative Provision 13.5%
**13**
## **Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 30 September 2024**
## **Partnerships**
We continue to play a significant role in shaping services across the Borough, working through the Rotherham children’s young people and family’s consortium (https://www.cypfconsortium.org.uk/), we work alongside VCS and statutory providers to identify need and develop projects and support. We are a key organization in the Smiles for Miles project, a lottery partnership funded project which brings VCS partners together to support children, young people and families. The project is all about co-production and supporting young people to reach their goals (as defined by them) and lead the direction of the project. Priorities are around early intervention, improving spaces and places that matter to communities, bringing people together and building strong relationships in and across communities. This has enabled us to bring a wide range of partners into our provision, which enables us to diversify our offer and increase our communities’ networks of support.
We sit on various strategic panels which enable us to advocate for our community, young people and families, and share our approach in engaging disadvantaged communities. This includes the Alternative Education and Inclusion strategic group, mental health group, Rotherham riots response group, and our work through the consortium with strategic leads from the NHS, CAMHS, Social care and Early help.
We have developed a community safeguarding meeting which is led by us, this encompasses all local schools, social services, Early help, Evolve team (exploitation), local police and other stakeholders. There is no set agenda other than sharing information which enables services to connect the dots and safeguard families and providing targeted responses that are innovative and provide a successful alternative that work for our families, compared to traditional statutory processes. This approach has been praised by the Rotherham Safer Partnership and the Children young peoples and family’s consortium, and we are supporting others to replicate this approach across the borough.
Our partnerships significantly improve the networks of support within our community and allow us to shape services to better meet the needs of our children, young people and families.
_My daughter is waiting on CAHMS due to neurodiversity and gender issues. She felt so lost and has self harmed and been feeling suicidal. Nicki has gone above and beyond to support her and my husband and in understanding her needs. I am unsure where we would be without this service and am genuinely grateful.’ (Gender dysmorphia, depression, hearing voices, suicide attempts and self harm) parent of M age 12_
**14**
## **Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 30 September 2024**
## **Financial position**
We are due to see several major funding programs finish in the next financial period, creating a need for us to secure additional funding to support the continuation of our activities. We have identified several major grant funders who align with our mission, activities and support and we are in the process of developing applications. It is however a very challenging funding environment.
In addition to changes to funding we are expecting a significant reduction in the income generated arising from school budget reductions and uncertainty around alternative provision policy. This is a trend we see across the borough, and we expect is a national trend. We are still, however, receiving referrals and expect this to improve in the long term.
As a result of the above we expect to reduce our reserve to fill gaps in budgets over the next financial period, whilst we secure further funding and continue to grow our alternative education offer back to usual levels.
Considering the above trustees have decided to designate £55,615 from our reserve towards a redundancy fund, and £41,330 towards the outstanding liabilities for our social investment loan from key fund for our family hub and expanded educational space.
Unrestricted reserves at 30 September 2024 were £277,377 (as per SOFA on page 23), less £96,945 designated funds, which leaves a balance of £180,432, around 5.7 months of running costs, which is just under our reserves policy of 6 – 12 months.
In this period, we also accepted a social investment grant/loan for capital expenditure towards our family hub and expanded educational space of £60,000. This is an extraordinary income and expense, and as such increases our income and expenditure in this financial period. As this is a one-off capital project which increases our income and expenditure, this additional income and expenses is not reflective of our ongoing financial needs moving into the next financial period.
Moving forward despite the challenges above our services remain secure and we are developing and delivering a new strategy to secure our provision for the next 3 years.
**15**
**Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 30 September 2024**
## **Future Plans**
Moving forward we see continued need for our services and a need to further develop our offer to meet demand. Our families, young people and community continue to face significant disadvantages, inequalities, and increasingly complex challenges.
There are a lack of appropriate services in our community to address this and as such our offer plays a vital role in engaging and supporting those in need, whilst creating long-term, lasting, life course change.
## **Over the next 12 months we will:**
- Officially launch our Family hub offer in January 2025 and further develop this service over the year. Broadening our offer of support to meet a wide range of needs that we are increasingly seeing children, young people and families seeking support with.
- Continue to provide a wide range of activities and opportunities that our community value and enjoy, that bring people together, and build confidence, skills and self-esteem.
- Continue to develop our partnerships to broaden the network of support and opportunities available to our community. And continue to strengthen our strategic position in the borough, enabling us to advocate on behalf of our children, young people and families, address inequalities and better shape services to meet need.
- Secure further funding and develop our primary purpose trading activities in order to ensure continuity of our offer.
**16**
Jade Youth & Community Ltd
Company Llmlted by Guarantee
Trustees, Annual Report {Incorporating the Directorfs Report) l¢ontinu¢&ii
Year ended 30 September 2024
Trust••s' responsibilith8s $tstement
The trustees, who are also directors for the purposes of company law, spOnSible for
ieparing the trustees, report and the financial statements in accordance with applicable law and
United lQ'ngdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice).
Company law requires the Charity trustees to prepar6 financial ststements for each yèar which
give a and fair view of the slate of affairs of the charitable company and th8 inming
resources and application of resources, including the income and expenditure. lor that period.
In preparing these financial statements, the IrLJStees are required to..
select suitable accounting policies and then 8pply thetTTr IX)n515tenlly',
obs8rve the methi)ds 8nd principles in the applicable Gharits'e5 SORP.,
makg judgments and accounting estimates that are reasonable and prudent.,
prepare the financial staternents on the going concem basis unless it is inappropriate to
presume that Ihe charity will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show
and explain the charity's transactions and disclose with reasonable accuracy at any tirne the
financial position ol the charity and enable them io ensure that the financial statemenis comply
with the Companies Act 2006. They are also sponSible for safeguarding the assets of the
charity and hence for iaking r8ason8bl8 staps for the prav&ntion and d8t8ction of fraud and other
irregulariti•s.
Small company pTovSslon6
This report has béen prepared in accordance with the provisions applicable to Gompanies èntil&d
to the small eompanies extsmplion.
The trustegs, annual r&ptNt was approved on 22 April 2025 and signed on behalf of the bo8rd ol
trustees by..
Martin Schof181d
Trust8•
17
**Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Independent Auditor's Report to the Members of Jade Youth & Community Ltd**
## **Year ended 30 September 2024**
## **Opinion**
We have audited the financial statements of Jade Youth & Community Ltd (the 'charity') for the year ended 30 September 2024 which comprise the statement of financial activities (including income and expenditure account), statement of financial position and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
- give a true and fair view of the state of the charity's affairs as at 30 September 2024 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice;
- have been prepared in accordance with the requirements of the Charities Act 2011.
## **Basis for opinion**
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **Conclusions relating to going concern**
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
**18**
## **Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
**Independent Auditor's Report to the Members of Jade Youth & Community Ltd** _**(continued)**_
## **Year ended 30 September 2024**
## **Other information**
The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
## **Matters on which we are required to report by exception**
In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees' report.
We have nothing to report in respect of the following matters in relation to which the Charities Act 2011 requires us to report to you if, in our opinion:
- the information given in the trustees' report is inconsistent in any material respect with the financial statements; or
- adequate accounting records have not been kept; or
- the financial statements are not in agreement with the accounting records and returns; or
- we have not received all the information and explanations we require for our audit.
## **Responsibilities of trustees**
As explained more fully in the trustees' responsibilities statement, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.
**19**
**Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
**Independent Auditor's Report to the Members of Jade Youth & Community Ltd** _**(continued)**_
## **Year ended 30 September 2024**
## **Auditor's responsibilities for the audit of the financial statements**
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
Identifying and assessing potential risks related to irregularities
In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, we considered the following:
## **Audit risks identified**
- the nature of the industry and sector, control environment and business performance;
- results of our enquiries of management, about their own identification and assessment of the risks of irregularities;
- any matters we identified having made enquiries about the documentation of their policies and procedures relating to:
- identifying, evaluating and complying with laws and regulations and whether they were aware of any instances of noncompliance;
- detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected or alleged fraud;
- the internal controls established to mitigate risks of fraud or non-compliance with laws and regulations;
- the matters discussed among the audit engagement team regarding how and where fraud might occur in the financial statements and any potential indicators of fraud.
As a result of these procedures, we considered the opportunities and incentives that may exist within the organisation for fraud and identified the greatest potential for fraud in relation to income recognition, banking procedures and segregation of duties. In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override.
We also obtained an understanding of the legal and regulatory frameworks that the company operates in, focusing on provisions of those laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included the UK Companies Act, UK Corporate Governance Code and local tax legislation.
In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which may be fundamental to the
**20**
**Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
**Independent Auditor's Report to the Members of Jade Youth & Community Ltd** _**(continued)**_
## **Year ended 30 September 2024**
company's ability to operate or to avoid a material penalty.
## **Audit response to risks identified**
As a result of performing the above, we identified income recognition and banking controls due to lack of segregation of duties as key audit matters related to the potential risk of fraud. In order to mitigate the risk identified, enquiries were made of key management personnel as to the processes surrounding the recording of transactions and all bank transactions were reviewed in detail.
In addressing the risk of fraud through management override of controls, our procedures included reviewing and testing the appropriateness of journal entries and other adjustments; assessing whether the judgements made in making accounting estimates are indicative of a potential bias; and evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business. Due to the modest number of transactions throughout the financial year it was clear that there had been no management override of controls and that each transaction had been correctly and properly recorded as appropriate.
We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members and remained alert to any indications of fraud or noncompliance with laws and regulations throughout the audit.
As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also:
- Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
- Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control.
- Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustees.
- Conclude on the appropriateness of the trustees' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the charity's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the charity to cease to continue as a going concern.
**21**
## **Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
**Independent Auditor's Report to the Members of Jade Youth & Community Ltd** _**(continued)**_
## **Year ended 30 September 2024**
- Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
## **Use of our report**
This report is made solely to the charity's members, as a body, in accordance with section 144 of the Charities Act 2011 and regulations made under section 154 of that Act. Our audit work has been undertaken so that we might state to the charity's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's members as a body, for our audit work, for this report, or for the opinions we have formed.
Stephen Allen ACA FCCA (Senior Statutory Auditor)
For and on behalf of Allen, West and Foster Chartered accountants & statutory auditor Omega Court 364-366 Cemetery Road Sheffield S11 8FT
22 April 2025
**22**
**Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Statement of Financial Activities (including income and expenditure account)**
## **Year ended 30 September 2024**
||||**2024**||2023|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|||
|||funds|funds|**Total funds**|Total funds|
||**Note**|**£**|**£**|**£**|£|
|**Income and endowments**||||||
|Donations and legacies|**5**|–|222,272|222,272|231,932|
|Charitable activities|**6**|126,917|–|126,917|143,895|
|Investment income|**7**|3,591|–|3,591|–|
|||-----------------------------------|-----------------------------------|-----------------------------------|-----------------------------------|
|**Total income**||130,508|222,272|352,780|375,827|
|||===================================|===================================|===================================|===================================|
|**Expenditure**||||||
|Expenditure on charitable activities|**8,9**|150,253|230,259|380,512|346,723|
|||-----------------------------------|-----------------------------------|-----------------------------------|-----------------------------------|
|**Total expenditure**||150,253|230,259|380,512|346,723|
|||===================================|===================================|===================================|===================================|
|||-----------------------------------|-----------------------------------|-----------------------------------|-----------------------------------|
|**Net (expenditure)/income**||(19,745)|(7,987)|(27,732)|29,104|
|||===================================|===================================|===================================|===================================|
|Transfers between funds||282|(282)|–|–|
|||-----------------------------------|-----------------------------------|-----------------------------------|-----------------------------------|
|**Net movement in funds**||(19,463)|(8,269)|(27,732)|29,104|
|**Reconciliation of funds**||||||
|Total funds brought forward||296,840|83,937|380,777|351,673|
|||-----------------------------------|-----------------------------------|-----------------------------------|-----------------------------------|
|**Total funds carried forward**||277,377
===================================|75,668
===================================|353,045
===================================|380,777
===================================|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
**The notes on pages 26 to 39 form part of these financial statements.**
**23**
## **Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Statement of Financial Position**
## **30 September 2024**
|||**2024**|2023|
|---|---|---|---|
||**Note**|**£**|£|
|**Fixed assets**||||
|Tangible fixed assets|**15**|133,675|78,285|
|**Current assets**||||
|Debtors|**16**|11,691|16,039|
|Cash at bank and in hand||290,215|296,461|
|||-----------------------------------|-----------------------------------|
|||301,906|312,500|
|**Creditors: amounts falling due within one year**|**17**|67,902|10,008|
|||-----------------------------------|-----------------------------------|
|**Net current assets**||234,004|302,492|
|||-----------------------------------|-----------------------------------|
|**Total assets less current liabilities**||367,679|380,777|
|**Creditors: amounts falling due after more than one year**|**18**|14,634|–|
|||-----------------------------------|-----------------------------------|
|**Net assets**||353,045|380,777|
|||===================================|===================================|
|**Funds of the charity**||||
|Restricted funds||75,668|83,937|
|Unrestricted funds||277,377|296,840|
|||-----------------------------------|-----------------------------------|
|**Total charity funds**|**21**|353,045
===================================|380,777
===================================|
For the year ending 30 September 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
The statement of financial position continues on the following page. **The notes on pages 26 to 39 form part of these financial statements.**
**24**
Jade Youth & Community Ltd
Company Llmited by Guarantoe
Statement of Financial Posltlon (cl9j
30 Seplernber 2024
These financial statements were approved by Ihe board of trustees and aulhorised for issuè on
22 April 2025, and are signed on behalf of the board by..
M8rtin Sthofield
Trustee
Tho notss on pagos 26 to 39 forni part of th•s8 flnanclal statomgnts.
25
**Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements**
## **Year ended 30 September 2024**
## **1. General information**
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Former Customer Service Centre, New Street, Dinnington, Sheffield, S25 2EX.
## **2. Statement of compliance**
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.
## **3. Accounting policies**
## **Basis of preparation**
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
## **Going concern**
There are no material uncertainties about the charity's ability to continue.
## **Disclosure exemptions**
In line with the Charities SORP (FRS102) Update Bulletin 1, no cash flow statement has been presented for the company.
## **Judgements and key sources of estimation uncertainty**
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
**26**
**Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 30 September 2024**
## **3. Accounting policies** _**(continued)**_
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
## **Incoming resources**
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
- income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
- legacy income is recognised when receipt is probable and entitlement is established.
- income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
`·` income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
**27**
**Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 30 September 2024**
## **3. Accounting policies** _**(continued)**_
## **Resources expended**
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
- expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
- expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
- other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
## **Tangible assets**
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
## **Depreciation**
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
- Long leasehold property 6% straight line Fixtures and fittings - 25% straight line Equipment - 25% straight line
## **Impairment of fixed assets**
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
**28**
**Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 30 September 2024**
## **3. Accounting policies** _**(continued)**_
## **Financial instruments**
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
## **Defined contribution plans**
Contributions to defined contribution pension plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
## **4. Limited by guarantee**
The company is limited by guarantee and as such has no share capital. The members of the company are the trustees whose liability is a maximum of £1 each.
## **5. Donations and legacies**
||Unrestricted|Restricted|
**Total Funds**|
|---|---|---|---|
||Funds|Funds|**2024**|
||£|£|**£**|
|**Donations**||||
|Donations|–|–|–|
**29**
**Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 30 September 2024**
## **5. Donations and legacies** _**(continued)**_
||Unrestricted|Restricted|
**Total Funds**|
|---|---|---|---|
||Funds|Funds|**2024**|
||£|£|**£**|
|**Grants**||||
|The Henry Smith Charity|–|70,000|70,000|
|Children in Need|–|–|–|
|Others (less than £5,000 each)|–|–|–|
|VAR Family Hub|–|5,319|5,319|
|Locality|–|–|–|
|PCC|–|2,475|2,475|
|Key Fund Investments|–|13,800|13,800|
|Tudor Trust|–|32,000|32,000|
|Paul Hamlyn Foundation|–|–|–|
|Awards for All|–|20,000|20,000|
|Violence Reduction Unit|–|9,941|9,941|
|The Henry Smith Charity - Covid Response Grant|–|38,550|38,550|
|Universal Youth Work Programme|–|15,000|15,000|
|Big Lottery Fund Smiles for Miles Project|–|15,187|15,187|
||---------------|-----------------------------------|-----------------------------------|
||–|222,272|222,272|
||===============|===================================|===================================|
||Unrestricted|Restricted|
Total Funds|
||Funds|Funds|2023|
||£|£|£|
|**Donations**||||
|Donations|790|–|790|
|**Grants**||||
|The Henry Smith Charity|–|35,000|35,000|
|Children in Need|–|6,875|6,875|
|Others (less than £5,000 each)|–|3,986|3,986|
|VAR Family Hub|–|–|–|
|Locality|–|10,000|10,000|
|PCC|–|7,427|7,427|
|Key Fund Investments|–|–|–|
|Tudor Trust|–|32,000|32,000|
|Paul Hamlyn Foundation|–|33,000|33,000|
|Awards for All|–|–|–|
|Violence Reduction Unit|–|–|–|
|The Henry Smith Charity - Covid Response Grant|–|38,600|38,600|
|Universal Youth Work Programme|–|12,497|12,497|
|Big Lottery Fund Smiles for Miles Project|–|51,757|51,757|
||---------------|-----------------------------------|-----------------------------------|
||790|231,142|231,932|
||===============|===================================|===================================|
**30**
**Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 30 September 2024**
## **6. Charitable activities**
||Unrestricted|
**Total Funds**|Unrestricted|Total Funds|
|---|---|---|---|---|
||Funds|**2024**|Funds|2023|
||£|**£**|£|£|
|Fees for services|126,917
===================================|126,917
===================================|143,895
===================================|143,895
===================================|
**7. Investment income**
||Unrestricted|
**Total Funds**|Unrestricted|Total Funds|
|---|---|---|---|---|
||Funds|**2024**|Funds|2023|
||£|**£**|£|£|
|Bank interest receivable|3,591|3,591|–|–|
||=========================|=========================|===============|===============|
**31**
**Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 30 September 2024**
## **8. Expenditure on charitable activities by fund type**
||Unrestricted|Restricted
**Total Funds**|
|---|---|---|
||Funds|Funds
**2024**|
||£|£
**£**|
|Charitable activities|150,253|226,479
376,732|
|Support costs|–|3,780
3,780|
||-----------------------------------|-----------------------------------
-----------------------------------|
||150,253|230,259
380,512|
||===================================|===================================
===================================|
||Unrestricted|Restricted
Total Funds|
||Funds|Funds
2023|
||£|£
£|
|Charitable activities|97,669|245,454
343,123|
|Support costs|–|3,600
3,600|
||------------------------------|-----------------------------------
-----------------------------------|
||97,669|249,054
346,723|
||==============================|===================================
===================================|
|Costs directly allocated to activities are as follows:|||
|**Charitable activities**|||
|Tutor costs (direct)|£28,184|(2023: £32,677)|
|Staff costs (direct)|£254,657|(2023: £227,106)|
|Staff training (direct)|£191|(2023: £349)|
|Project costs (direct)|£32,716|(2023: £37,868)|
|Travel and volunteer expenses (direct)|£6,402|(2023: £5,739)|
|Legal and professional fees|£5,152|(2023: £2,427)|
|Light and heat (floor area)|£7,798|(2023: £7,632)|
|Rates, water and refuse (floor area)|£2,313|(2023: £2,074)|
|Cleaning and repairs (direct)|£16,232|(2023: £6,887)|
|Insurance (floor area)|£5,358|(2023: £4,991)|
|Telephone (usage)|£674|(2023: £816)|
|Printing, postage and stationery (usage)|£1,222|(2023: £1,363)|
|Web site costs (direct)|£nil|(2023: £287)|
|General expenses (direct)|£640|(2023: £174)|
|Depreciation (usage)|£13,052|(2023: £12,733)|
|Loan interest (direct)|£2,141|(2023: £nil)|
|**Governance**|||
|Auditors remuneration (direct)|£3,780|(2023: £3,600)|
|**Total**|||
|Charitable activities|£376,732|(2023: £343,123)|
|Governance costs|£3,780|(2023: £3,600)|
|Total|£380,512|(2023: £346,723)|
**32**
**Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 30 September 2024**
## **9. Expenditure on charitable activities by activity type**
||Activities||||
|---|---|---|---|---|
||undertaken|Support|**Total funds**|Total fund|
||directly|costs|**2024**|2023|
||£|£|**£**|£|
|Charitable activities|376,732|–|376,732|343,123|
|Governance costs|–|3,780|3,780|3,600|
||-----------------------------------|-------------------------|-----------------------------------|-----------------------------------|
||376,732|3,780|380,512|346,723|
||===================================|=========================|===================================|===================================|
## **10. Net (expenditure)/income**
Net (expenditure)/income is stated after charging/(crediting):
|Net (expenditure)/income is stated after charging/(crediting):|||
|---|---|---|
||**2024**|2023|
||**£**|£|
|Depreciation of tangible fixed assets|13,052|12,733|
||==============================|==============================|
|**Auditors remuneration**|||
||**2024**|2023|
||**£**|£|
|Fees payable for the audit of the financial statements|3,780
=========================|3,600
=========================|
## **11. Auditors remuneration**
## **12. Staff costs**
The total staff costs and employee benefits for the reporting period are analysed as follows:
||**2024**|2023|
|---|---|---|
||**£**|£|
|Wages and salaries|225,197|201,296|
|Social security costs|16,105|13,689|
|Employer contributions to pension plans|13,355|12,121|
||-----------------------------------|-----------------------------------|
||254,657
===================================|227,106
===================================|
|The average head count of employees during the year was 10 (2023:|The average head count of employees during the year was 10 (2023:|8). The average|8). The average|
|---|---|---|---|
|number of full-time equivalent employees during the year is analysed as||||
|follows:|**2024**||2023|
||**No.**||No.|
|Number of staff||8|6|
||===============||===============|
No employee received employee benefits of more than £60,000 during the year (2023: Nil).
## **13. Trustee remuneration and expenses**
No remuneration was paid to trustees in the period (2023: Nil) nor were any expenses reimbursed to them (2023: Nil).
**33**
**Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 30 September 2024**
## **14. Transfers between funds**
The trustees set aside monies into a designated fund towards redundancies and remaining liabilities on the social investment fund for the new cabin (see the trustees' report for further detail). During the year £55,615 was set aside into the designated fund for redundancies and £41,330 was set aside into the designated fund for the social investment fund liabilities, therefore leaving a balance of £96,945 in the designated account as at 30 September 2024.
## **15. Tangible fixed assets**
||Long||||
|---|---|---|---|---|
||leasehold|Fixtures and|||
||property|fittings|Equipment|**Total**|
||£|£|£|**£**|
|**Cost**|||||
|At 1 Oct 2023|152,442|24,872|1,467|178,781|
|Additions|66,768|1,016|658|68,442|
||-----------------------------------|------------------------------|-------------------------|-----------------------------------|
|**At 30 Sep 2024**|219,210|25,888|2,125|247,223|
||===================================|==============================|=========================|===================================|
|**Depreciation**|||||
|At 1 Oct 2023|79,956|19,073|1,467|100,496|
|Charge for the year|10,167|2,807|78|13,052|
||-----------------------------------|------------------------------|-------------------------|-----------------------------------|
|**At 30 Sep 2024**|90,123|21,880|1,545|113,548|
||===================================|==============================|=========================|===================================|
|**Carrying amount**|||||
|**At 30 Sep 2024**|129,087|4,008|580|133,675|
||===================================|==============================|=========================|===================================|
|At 30 Sep 2023|72,486|5,799|–|78,285|
||===================================|==============================|=========================|===================================|
|**Debtors**|||||
||||**2024**|2023|
||||**£**|£|
|Trade debtors|||11,691|16,039|
||||==============================|==============================|
|**Creditors:** **amounts falling due within one year**|||||
||||**2024**|2023|
||||**£**|£|
|Key Fund loan|||22,831|–|
|Accruals and deferred income|||39,986|4,823|
|Social security and other taxes|||5,085|5,185|
||||------------------------------|------------------------------|
||||67,902|10,008|
||||==============================|==============================|
## **16. Debtors**
## **17. Creditors: amounts falling due within one year**
**34**
## **Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 30 September 2024**
## **18. Creditors: amounts falling due after more than one year**
|||**2024**|2023|
|---|---|---|---|
|||**£**|£|
||Key Fund loan|14,634|–|
|||==============================|===============|
|**19.**|**Deferred income**|||
|||**2024**|2023|
|||**£**|£|
||Amount deferred in year|35,000
==============================|–
===============|
## **20. Pensions and other post retirement benefits**
## **Defined contribution plans**
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £13,355 (2023: £12,121).
## **21. Analysis of charitable funds**
## **Unrestricted funds**
|||At||||**At**|
|---|---|---|---|---|---|---|
||1|Oct 2023|Income|Expenditure|Transfers|**30 Sep 2024**|
|||£|£|£|£|£|
|Unrestricted fund||296,840|130,508|(150,253)|282|277,377|
|||===================================|===================================|===================================|===============|===================================|
|||At||||At|
||1|Oct 2022|Income|Expenditure|Transfers|30 Sep 2023|
|||£|£|£|£|£|
|Unrestricted fund||250,108
===================================|144,685
===================================|(97,669)
==============================|(284)
===============|296,840
===================================|
Within unrestricted funds is a total of £96,945 being held as designated funds for redundancies and future costs of the social investment fund.
**35**
**Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 30 September 2024**
## **21. Analysis of charitable funds** _**(continued)**_
## **Restricted funds**
|**Restricted funds**||||||
|---|---|---|---|---|---|
||At||||**At**|
||1 Oct 2023|Income|Expenditure|Transfers|**30 Sep 2024**|
||£|£|£|£|£|
|Social Investment||||||
|Business|45,749|–|(7,447)|–|38,302|
|Children in Need|–|–|–|–|–|
|The Henry Smith||||||
|Charity|–|70,000|(69,718)|(282)|–|
|S.Y. Community||||||
|Foundation|–|–|–|–|–|
|Others (less than||||||
|£5,000 each)|1,378|–|(1,108)|–|270|
|Tudor Trust|7,335|32,000|(31,977)|–|7,358|
|Paul Hamlyn||||||
|Foundation|11,000|–|(11,000)|–|–|
|BLF Awards For All|1,049|–|(1,049)|–|–|
|The Henry Smith||||||
|Charity - Covid||||||
|Response Grant|4,014|38,550|(39,192)|–|3,372|
|Universal Youth Work||||||
|Programme|3,000|15,000|(15,000)|–|3,000|
|Big Lottery Fund||||||
|Smiles for Miles||||||
|Project|–|15,187|(15,187)|–|–|
|Locality|8,483|–|(5,149)|–|3,334|
|PCC|1,929|2,475|(4,404)|–|–|
|VAR Family Hub|–|5,319|(1,095)|–|4,224|
|Key Fund Investments|–|13,800|(13,800)|–|–|
|Awards for All|–|20,000|(7,650)|–|12,350|
|Violence Reduction||||||
|Unit|–|9,941|(6,483)|–|3,458|
||------------------------------|-----------------------------------|-----------------------------------|---------------|------------------------------|
||83,937|222,272|(230,259)|(282)|75,668|
||==============================|===================================|===================================|===============|==============================|
||At||||At|
||1 Oct 2022|Income|Expenditure|Transfers|30 Sep 2023|
||£|£|£|£|£|
|Social Investment||||||
|Business|53,196|–|(7,447)|–|45,749|
|Children in Need|2,242|6,875|(9,117)|–|–|
|The Henry Smith||||||
|Charity|12,277|35,000|(47,561)|284|–|
|S.Y. Community||||||
|Foundation|800|–|(800)|–|–|
|Others (less than||||||
|£5,000 each)|500|3,986|(3,108)|–|1,378|
**36**
**Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 30 September 2024**
## **21. Analysis of charitable funds** _**(continued)**_
|Tudor Trust|6,595|32,000|(31,260)|–|7,335|
|---|---|---|---|---|---|
|Paul Hamlyn||||||
|Foundation|10,000|33,000|(32,000)|–|11,000|
|BLF Awards For All|1,049|–|–|–|1,049|
|The Henry Smith||||||
|Charity - Covid||||||
|Response Grant|3,432|38,600|(38,018)|–|4,014|
|Universal Youth Work||||||
|Programme|11,418|12,497|(20,915)|–|3,000|
|Big Lottery Fund||||||
|Smiles for Miles||||||
|Project|56|51,757|(51,813)|–|–|
|Locality|–|10,000|(1,517)|–|8,483|
|PCC|–|7,427|(5,498)|–|1,929|
|Tudor Trust WBG|–|–|–|–|–|
|Key Fund Investments|–|–|–|–|–|
|Awards for All|–|–|–|–|–|
|Violence Reduction||||||
|Unit|–|–|–|–|–|
||-----------------------------------|-----------------------------------|-----------------------------------|---------------|------------------------------|
||101,565|231,142|(249,054)|284|83,937|
||===================================|===================================|===================================|===============|==============================|
**37**
**Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 30 September 2024**
## **21. Analysis of charitable funds** _**(continued)**_
Restricted funding was provided for the following purposes:
Social Investment Business - Financing alterations to leasehold property. To be written off over the estimated useful life of the alterations.
Children In Need - Funding salaries for a youth work supervisor, 2 youth workers and sessional staff.
The Henry Smith Charity – Financing of core costs.
Tudor Trust - Funding towards core costs.
Paul Hamlyn Foundation - Funding towards salaries.
South Yorkshire Community Foundation - Financing of core costs.
The Henry Smith Charity, Community Match Challenge Grant - Financing of core costs.
The Henry Smith Charity, Covid Response Grant - Funding towards staff costs, sessional tutors and counselling sessions.
Universal Youth Work Programme - Funding towards youth work sessions.
Big Lottery Fund, Smiles for Miles Project - Funding towards core costs, salaries, tutors, counselling and general running.
Locality - Funding towards core costs and staff costs.
PCC - Funding towards staff costs and counselling sessions.
Coalfields Regeneration Trust - Funding towards staff costs and counselling sessions.
Tudor Trust Staff Wellbeing - Funding towards wellbeing costs for staff.
Key Fund Investments - Funding towards the new cabin.
Awards for All - Funding towards staff costs and counselling sessions.
Violence Reduction Unit - Funding towards staff costs and counselling sessions.
VAR Family Hub – Funding towards staffing and resources to run parenting courses and community activities.
There are sufficient resources held in an appropriate form to enable each of the restricted funds to be applied in accordance with its relevant restrictions.
**38**
**Jade Youth & Community Ltd**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 30 September 2024**
## **22. Analysis of net assets between funds**
||Unrestricted|Restricted|**Total Funds**|
|---|---|---|---|
||Funds|Funds|**2024**|
||£|£|**£**|
|Tangible fixed assets|8,787|124,888|133,675|
|Current assets|278,019|23,887|301,906|
|Creditors less than 1 year|(9,429)|(58,473)|(67,902)|
|Creditors greater than 1 year|–|(14,634)|(14,634)|
||-----------------------------------|-----------------------------------|-----------------------------------|
|**Net assets**|277,377|75,668|353,045|
||===================================|===================================|===================================|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2023|
||£|£|£|
|Tangible fixed assets|1,935|76,350|78,285|
|Current assets|303,965|8,535|312,500|
|Creditors less than 1 year|(9,060)|(948)|(10,008)|
|Creditors greater than 1 year|–|–|–|
||-----------------------------------|------------------------------|-----------------------------------|
|**Net assets**|296,840
===================================|83,937
==============================|380,777
===================================|
## **23. Related parties**
There are no related party transactions that require disclosure.
**39**