**REGISTERED COMPANY NUMBER: 08407987 (England and Wales) REGISTERED CHARITY NUMBER: 1154678** 

## **REPORT OF THE TRUSTEES AND** 

**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025** 

**FOR** 

## **BISHOPS STORTFORD YOUTH PROJECT** 

Marsh Solutions Limited 82 Berechurch Hall Road Colchester Essex CO2 8RF 



**BISHOPS STORTFORD YOUTH PROJECT** 

## **CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 July 2025** 

||**Page**|
|---|---|
|**Report of the Trustees**|1 to  6|
|**Independent Examiner's Report**|7|
|**Statement of Financial Activities**|8|
|**Balance Sheet**|9 to  10|
|**Notes to the Financial Statements**|11 to  22|
|**Detailed Statement of Financial Activities**|23 to  24|





**BISHOPS STORTFORD YOUTH PROJECT** 

## **REPORT OF THE TRUSTEES for the year ended 31 July 2025** 

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 July 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: 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) (effective 1 January 2019). 

## **OBJECTIVES AND ACTIVITIES** 

## **Overview** 

Each year Bishop's Stortford Youth Project (BSYP) publishes a report, in-line with the requirements from the Charity Commission that looks back at the last 12 months. As we do this, we not only want to review the previous year but also look forward to the year ahead. 

BSYP is a local charity working in partnership with Community Church Bishop's Stortford (CCBS) and Hertfordshire County Council (HCC) in order to serve the needs of young people. Our vision is to welcome, engage, encourage and empower young people and the youth culture in Bishop's Stortford and surrounding areas, by providing a youth café, mental well-being support, and mentoring for 11 - 18s along with community building activities and events. 

We want to help provide strong foundations for young people where they can flourish and grow into well-rounded, grounded adults who contribute as individuals and are part of their community and society. 

We, as the Trustees of the charity, are so proud of the work that the charity does impacting the lives of young people, helping them to make the most of the opportunities available to them. Our hope is that as you read this report you will not only learn about the charity but also catch the heart behind what we do. 

## **Public Benefit** 

The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objects and in planning future activities and setting policy for the year. 

Page 1 



**BISHOPS STORTFORD YOUTH PROJECT** 

## **REPORT OF THE TRUSTEES** 

## **for the year ended 31 July 2025** 

## **OBJECTIVES AND ACTIVITIES LEADERSHIP OF THE PROJECT** 

## **The Trustee team** 

We aim to have a minimum team of five voluntary Trustees who oversee the project to ensure that it maintains good working practice. The team meets a minimum every three months and sets strategic direction, drawing on the expertise of individuals to help drive us towards meeting our goals. 

## Darren Woolnough - Chair 

Darren joined the trustee team in July 2022 and took over the role of Chair in January 2023 Darren works in London as the Managing Director of a company within the TV, Sport, Film, Music, Fashion & Music Industries.  Darren is married to Annie and they have 3 young children. 

Darren has a huge passion for youth and is keen to ensure they have a safe place to have fun and to develop their skillset as they journey towards adulthood. 

## Jefferey Buck - Treasurer 

Jeff has been part of the project almost since its inception. He brings a wealth of wisdom and experience gained from years of running his own business, which are ideal for his role as treasurer. He is instrumental in the financial integrity of the project and is pleased to be able to use his skills and experience to make a positive contribution in the lives of the young people of the town. 

## David Guest 

David joined the trustee team in 2017.  He works as a musician and co-runs a business, both of which allow him to bring creativity and knowledge of running a business to the team. David also studied Law at University and brings this insight to the role. 

## Rachel Jones - Secretary 

Rachel joined the trustee team in December 2021. She is a mother of 3 daughters and supports the local community in various groups. She is also a part time Post Mistress serving the people in her area who cannot necessarily make it into town 

## Caroline Clark 

Caz joined the trustee team in July 2022. She brings a wealth of experience as has worked in the voluntary sector for nearly 20 years, focusing on charities which endeavour to bring life changing hope to people struggling with homelessness and addiction; she was an Acting CEO and Deputy CEO for a charity in Shoreditch. More recently she has provided PA and finance admin for her husband's business as well as working part time in an arts café. She has been a Trustee for local charities in London and Hertfordshire for over 13 years. 

## Rebecca Millican 

Rebecca joined the trustee team in August 2022 after moving to England in 2021. She is a qualified Maths and Science teacher, having worked as a cafe supervisor throughout her studies. Rebecca has a number of years of youth work experience that she brings to her role to offer insight into working with community and schools. 

## Gareth McCormick 

Gareth joined the trustees' team in March 2025 although he has been involved with the charity in an advisory capacity for many years. Gareth is an elder at Community Church Bishops Stortford and brings to the charity his extensive experience in leadership, mentoring and strategic planning. He has a deep passion to see young people championed, equipped and empowered. 

## **Our Staff Team** 

Throughout 2025, Thirst Café has continued to be a welcoming, supportive space for young people-placing a strong focus on mental well-being, connection, and reducing social isolation. 

Thanks to securing significant grant funding, we've been able to grow what we offer. This support has allowed us to expand our services and strengthen our team. Thirst Café now employs two full-time and two part-time staff members on fixed-term contracts, alongside a dedicated and growing group of volunteers. We were also delighted to welcome three new team members this year. 

Page 2 



**BISHOPS STORTFORD YOUTH PROJECT** 

## **REPORT OF THE TRUSTEES for the year ended 31 July 2025** 

## **OBJECTIVES AND ACTIVITIES** 

## Jake Tucker - Chief Executive Officer 

Jake has been part of the Thirst journey since September 2015 and brings over 18 years of experience working with young people in a wide range of settings. His passion, leadership, and commitment ensure Thirst Café continues to provide high-quality, meaningful support for young people in our community. 

## Tina Liu - Youth Worker 

Tina joined the team in July 2020 and is passionate about helping young people build confidence, discover their strengths, and challenge themselves. She plays a key role in supporting young people on their personal development journeys at Thirst Café. 

## Ben Frain - Youth Worker and Operations Manager 

Ben began his time at Thirst as a volunteer before joining the staff team in July 2021. He is particularly passionate about creative expression and supporting young people who may be struggling. In June 2023, Ben became a full-time member of staff. Alongside his youth work, he also oversees the day-to-day operations of Thirst Café. 

## Amanda Orange - Youth Worker 

Amanda joined the team in April 2022 and is currently training to be a counsellor. She plays an important role in mentoring young people and supporting our well-being-focused projects, offering care, guidance, and a listening ear to those who need it most. 

## Part time Sessional Workers 

Throughout the year, our part-time and sessional workers provide vital support, helping us extend opening hours and run activities during school holidays. Their contribution ensures Thirst Café remains a safe, supportive, and consistent space for young people to relax, connect, and feel at home. 

## **ACHIEVEMENTS AND PERFORMANCE** 

## **Activities during last 12 months** 

Over the past year, Thirst Youth Café has remained a vibrant, open-access space for young people. Our regular drop-in sessions run from Tuesday to Friday (3-6pm) and Saturdays (1-5pm), welcoming around 500 young people who attend on a consistent basis. 

Alongside our core sessions, we've delivered a range of engaging activities during school holidays. These have included trips to Aqua Splash, escape rooms, laser tag, and go-karting-offering young people fun, confidence-building experiences outside their usual routines. 

Our well-being project, delivered in partnership with the NHS, continues to provide a dedicated 'holding space' on Monday afternoons. This offers vital support for young people who are waiting to access specialist services. The impact of this work has been widely recognised by our NHS partners and has received several award nominations. 

Our in-school mentoring programme, launched in February 2022, has continued to grow. We now work with five local secondary schools, having expanded from four. A team of eight mentors supports up to 20 young people at any one time, offering structured guidance over six to ten-week periods. We are keen to further develop our volunteer mentor team to reach even more students. 

We also maintain strong partnerships within the community. Working with ASPECTS, we continue to deliver the Crucial Crew programme, supporting over 700 Year 6 pupils as they prepare for the move to secondary school. In addition, our partnership with Grove Cottage, a subsidiary of Mencap, provides people with learning disabilities the opportunity to gain practical experience in café operations at Thirst Youth Café. 

Finally, we support a group of home-educating families who hire our space on a fortnightly basis, using the café environment to enrich their children's learning and social experiences. 

Page 3 



**BISHOPS STORTFORD YOUTH PROJECT** 

## **REPORT OF THE TRUSTEES for the year ended 31 July 2025** 

## **IMPACT & OUTCOMES** 

The Bishop's Stortford Youth Project (BSYP) is dedicated to 

- Reduce loneliness and help avoid social isolation 

- Increase self-confidence and self esteem 

- Improve happiness, wellbeing and mental health 

- Improve life and social skills and develop potential 

- Increase independence 

- Inspire young people to find their voice 

- Demonstrate positive, healthy relationships 

We achieve our aims by providing Thirst Youth Cafe - a safe space, in Bishop's Stortford, for young people, aged 11 - 18, to meet friendsw, have fun, and be themselves. 

## **Survey Insights (2025)** 

In our latest survey: 

97% of respondents said we have positively impacted their lives 

We are open at least five days a week, after-school, on Saturdays, and during school holidays. At BSYP, a safe space means more than just physical safety-it's about creating an environment where young people feel valued, supported, and free to grow without fear of judgment. 

## **STRATEGIC PLANNING AND SUSTAINABILITY** 

The Council is continuing to offer us the lease at a significant discount to the market rate which we are very grateful for, as without this we would not be able to continue to operate. The council are reviewing our rental agreement, we continue to communicate/negotiate with them to ensure the best outcome for the charity.  The charity has negotiated a one-year extension on the same terms until summer 2026. 

Although the financial year ended with an increased deficit. the trustees are confident of having sufficient funds available at the current year end. 

Any growth or expansion of the project is planned with long-term sustainability in mind. 

## **Sponsors** 

We continue to receive wonderful support from national and local individuals, churches, and organisations. 

We give particular thanks to Postcode Places Trust, BBC Children in Need, Bishops Stortford Town Council, Central Social & Recreational Trust, Essex Community Foundation, Essex Youth Trust, Fowler Smith & Jones, Garfield Weston Foundation, Hertfordshire Community Foundation, Hertfordshire County Council, Tesco Community Grant, East Herts District Council, John Laing Charitable Trust, Christopher Laing Foundation, National Lottery Community Fund, Shanly Foundation, Simon Gibson Charitable Trust, Sisters of the Holy Cross, Mrs Smith & Mount Trust, Bishops Stortford Chamber of Commerce, St James Thorley, Tees Law, The Rotary Club, Abbvie Ltd, Albert Hunt Trust,Bauer Trust, Benefect Trust, Bishop Radford Trust,Robert Clutterbuck Charitable Trust, the Methodist Church, Quilters Ash Valley, St Michaels PCC, Bishops Stortford Mayors Fund, Councilor Calvin Horner, and the Christian Community Church Bishop's Stortford, as well as the many individuals who have supported us through the year. 

Also, as mentioned earlier, our thanks to our landlords, Hertfordshire County Council, for their continued support. 

We also would like to take this opportunity to thank our wonderful volunteers. We are really grateful for their continued dedication and support. 

Page 4 



**BISHOPS STORTFORD YOUTH PROJECT** 

## **REPORT OF THE TRUSTEES for the year ended 31 July 2025** 

## **FINANCIAL REVIEW** 

## **Financial Summary** 

We had an income of £146,466 in the financial year 2024/245 which was a decrease of £18,339 on the previous year. All of the grant income of £60,110 received in the financial year was restricted, as shown in the statement of financial activities and balance sheet. 

Other funds raised have come from donations from the community church and its members, local churches, schools, and businesses. We ended with a deficit for the financial year of £28,909 which is £20,618 more than the previous year. 

The current year continues to be demanding with available funding reflecting the prevalent difficult financial environment. The trustees continue to look for new sources of grant funding both from grant bodies and the private sector. 

## **Fundraising Plan** 

The Trustees review the on-going fundraising achievements at each trustees' meeting. 

## **Reserves policy** 

The Trustee Boards has examined the charity's requirements for reserves in light of the main risks to the organisation. It has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be 6 months of the expenditure. Budgeted expenditure for 2025/26 is £170,000 and therefore the target is £85,000 in general funds. 

The reserves are needed to meet the working capital requirements of the charity and the Trustees are confident that at this level they would be able to continue the current activities of the charity in the event of a significant drop in funding. The present level of reserves available to the charity of £120,879 therefore are above this target level. 

When we have sufficient reserves so that we can reasonably continue to plan an operating deficit in order to increase our public benefit, we will do so; otherwise, we will seek to reduce costs and/or increase fundraising. 

## **FUTURE PLANS** 

Looking ahead, we plan to: 

- Offer workshops on body image, mental health, and life skills. 

- Host events and training programs for young people. 

With continued support, we can grow our impact and ensure that more young people in Bishop's Stortford have access to the opportunities and support they need. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Governing document** 

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. 

## **Recruitment and appointment of new trustees** 

On appointment any new Trustees are advised to read the Charity Commission's guidance. they are also encourage to ask any questions of existing trustees. 

## **Legal Information** 

Bishop's Stortford Youth Project (company registration no. 08407987) is a registered charity (no.1154678) limited by guarantee and trades under the name Thirst Youth Café. 

The charitable objectives of Bishop's Stortford Youth Project Limited trading as 'Thirst Youth Café' are 'to engage, promote and develop the Young people and the youth culture of Bishop's Stortford' 

The registered address is: The Charis Centre, Water Lane, Bishop's Stortford, CM23 2JZ. 

The charity's activities are centred on The Thirst Youth Café, 76 South Street, Bishop's Stortford, Hertfordshire, CM23 3AZ. 

## **Risk Assessment** 

Major risks have been reviewed and systems and procedures have been put in place to manage these risks.  These policies are reviewed yearly by the Operations Manager, who in turn reports his findings to the Trustees. 

Page 5 



**BISHOPS STORTFORD YOUTH PROJECT** 

## **REPORT OF THE TRUSTEES** 

## **for the year ended 31 July 2025** 

## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 

08407987 (England and Wales) 

**Registered Charity number** 1154678 

## **Registered office** 

The Charis Centre Water Lane Bishops Stortford Hertfordshire CM23 2JZ 

## **Trustees** 

R Millican D Woolnough - Chair C Clark R Jones (resigned 16.6.25) D Guest J Buck 

**Independent Examiner** Christopher Marsh FMAAT Marsh Solutions Limited 82 Berechurch Hall Road Colchester Essex CO2 8RF 

25/02/2026 Approved by order of the board of trustees on ............................................. and signed on its behalf by: ........................................................................ J Buck - Trustee 

Page 6 



**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BISHOPS STORTFORD YOUTH PROJECT** 

## **Independent examiner's report to the trustees of Bishops Stortford Youth Project ('the Company')** 

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2025. 

## **Responsibilities and basis of report** 

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

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

## **Independent examiner's statement** 

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

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

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

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

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

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 


Christopher Marsh FMAAT 

The Association of Accounting Technicians 

Marsh Solutions Limited 82 Berechurch Hall Road Colchester Essex CO2 8RF 25/02/2026 Date: ............................................. 

Page 7 



**BISHOPS STORTFORD YOUTH PROJECT** 

## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) for the year ended 31 July 2025** 

|Unrestricted<br>fund<br>Notes<br>£<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>2<br>64,783<br>**Charitable activities**<br>4<br>Youth Project<br>-<br>Other trading activities<br>3<br>19,450<br>**Total**<br>84,233<br>**EXPENDITURE ON**<br>Raising funds<br>19,266<br>**Charitable activities**<br>Youth Project<br>78,747<br>**Total**<br>98,013<br>**NET INCOME/(EXPENDITURE)**<br>(13,780)<br>**RECONCILIATION OF FUNDS**<br>Total funds brought forward<br>147,639<br>**TOTAL FUNDS CARRIED FORWARD**<br>133,859|Restricted<br>funds<br>£<br>503<br>60,110<br>1,620<br>62,233<br>2,554<br>74,808<br>77,362<br>(15,129)<br>33,331<br>18,202|31.7.25<br>Total<br>funds<br>£<br>65,286<br>60,110<br>21,070<br>146,466<br>21,820<br>153,555<br>175,375<br>(28,909)<br>180,970<br>152,061|31.7.24<br>Total<br>funds<br>£<br>38,762<br>110,132<br>15,911<br>164,805<br>19,965<br>153,131<br>173,096<br>(8,291)<br>189,261<br>180,970|
|---|---|---|---|



## **CONTINUING OPERATIONS** 

All income and expenditure has arisen from continuing activities. 

The notes form part of these financial statements 

Page 8 



## **BISHOPS STORTFORD YOUTH PROJECT (REGISTERED NUMBER: 08407987)** 

## **BALANCE SHEET** 

## **31 July 2025** 

|Unrestricted<br>fund<br>Notes<br>£<br>**FIXED ASSETS**<br>Tangible assets<br>9<br>7,413<br>**CURRENT ASSETS**<br>Stocks<br>10<br>609<br>Debtors<br>11<br>5,259<br>Cash at bank and in hand<br>123,261<br>129,129<br>**CREDITORS**<br>Amounts falling due within one year<br>12<br>(2,683)<br>**NET CURRENT ASSETS**<br>126,446<br>**TOTAL ASSETS LESS CURRENT**<br>**LIABILITIES**<br>133,859<br>**NET ASSETS**<br>133,859<br>**FUNDS**<br>13<br>Unrestricted funds<br>Restricted funds<br>**TOTAL FUNDS**|Restricted<br>funds<br>£<br>-<br>-<br>-<br>18,202<br>18,202<br>-<br>18,202<br>18,202<br>18,202|31.7.25<br>Total<br>funds<br>£<br>7,413<br>609<br>5,259<br>141,463<br>147,331<br>(2,683)<br>144,648<br>152,061<br>152,061<br>133,859<br>18,202<br>152,061|31.7.24<br>Total<br>funds<br>£<br>14,640<br>978<br>3,890<br>165,670<br>170,538<br>(4,208)<br>166,330<br>180,970<br>180,970<br>147,639<br>33,331<br>180,970|
|---|---|---|---|



The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025. 

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006. 

The trustees acknowledge their responsibilities for 

- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and 

- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. 

The notes form part of these financial statements 

continued... 

Page 9 



## **BISHOPS STORTFORD YOUTH PROJECT (REGISTERED NUMBER: 08407987)** 

## **BALANCE SHEET - continued 31 July 2025** 

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. 

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 25/02/2026 


............................................. J Buck - Trustee 

The notes form part of these financial statements 

Page 10 



**BISHOPS STORTFORD YOUTH PROJECT** 

## **NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 July 2025** 

## **1. ACCOUNTING POLICIES** 

## **Basis of preparing the financial statements and assessment of going concern** 

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. 

The financial statements are presented in sterling (£). 

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. 

## **Critical accounting judgements and key sources of estimation uncertainty** 

In preparing financial statements it is necessary to make certain judgements, estimated and assumptions that affect the amounts recognised in the financial statements. The following judgements and estimates are considered by the trustees to have most significant effect on amounts recognised in the financial statements. 

## Useful economic life of tangible fixed assets: 

The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are reassessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, future investments, economic utilisation and the physical condition of the assets. 

## **Income** 

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. 

## **Expenditure** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 

## **Tangible fixed assets** 

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. 

Improvements to property -  10% on cost Fixtures and fittings -  20% on cost Equipment -  20% on cost 

## **Stocks** 

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. 

## **Taxation** 

The charity is exempt from corporation tax on its charitable activities. 

## **Debtors** 

Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid. 

continued... 

Page 11 



**BISHOPS STORTFORD YOUTH PROJECT** 

**NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 July 2025** 

## **1. ACCOUNTING POLICIES - continued** 

## **Cash at bank and in hand** 

Cash at bank and in hand includes cash, current bank accounts and deposit bank accounts with no withdrawal limitations. 

## **Creditors** 

Creditors are recognised where then charity has a present obligation resulting from a past event that will result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are recognised at their settlement amount. 

## **Fund accounting** 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

## **Pension costs and other post-retirement benefits** 

The charitable company operates a defined contribution pension scheme.  Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. 

## **2. DONATIONS AND LEGACIES** 

|**DONATIONS AND LEGACIES**|||
|---|---|---|
||31.7.25|31.7.24|
||£|£|
|Donations|61,246|35,372|
|Gift aid|4,040|3,390|
||65,286|38,762|
|**OTHER TRADING ACTIVITIES**|||
||31.7.25|31.7.24|
||£|£|
|Shop income|15,777|11,293|
|Other fund raising activities|5,293|4,618|
||21,070|15,911|



## **3. OTHER TRADING ACTIVITIES** 

continued... 

Page 12 



**BISHOPS STORTFORD YOUTH PROJECT** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued** 

## **for the year ended 31 July 2025** 

## **4. INCOME FROM CHARITABLE ACTIVITIES** 

|Activity<br>Grants<br>Youth Project<br>Grants received, included in the above, are as follows:<br>Abbvie Ltd<br>Albert Hunt Trust<br>BBC Children in Need<br>Benefact Trust<br>Bishop Radford Trust<br>Central Social & Recreational Trust<br>Essex Youth Trust<br>Garfield Weston Foundation<br>HCC<br>HCF Warm Spaces<br>Herts Community Foundation (HCF)<br>Herts Community No1 Grant<br>John Laing Charitable Trust<br>Locality<br>Mrs Smith & Mount Trust<br>National Lottery<br>National Lottery - Million Hours<br>Postcode Places Trust<br>Robert Clutterbuck Charitable Trust<br>Shanly Foundation<br>Simon Gibson Charitable Trust<br>Sisters of the Holy Cross<br>Tees Better Future Fund<br>**5.**<br>**NET INCOME/(EXPENDITURE)**<br>Net income/(expenditure) is stated after charging/(crediting):<br>Depreciation - owned assets<br>Independent Examination|31.7.25<br>£<br>60,110<br>31.7.25<br>£<br>5,000<br>5,000<br>-<br>7,200<br>2,000<br>-<br>-<br>15,000<br>500<br>-<br>4,000<br>-<br>-<br>-<br>-<br>19,910<br>-<br>-<br>1,500<br>-<br>-<br>-<br>-<br>60,110<br>31.7.25<br>£<br>7,227<br>1,235|31.7.24<br>£<br>110,132<br>31.7.24<br>£<br>-<br>-<br>10,000<br>-<br>-<br>1,000<br>2,000<br>15,000<br>-<br>2,000<br>10,000<br>2,000<br>1,000<br>500<br>5,000<br>-<br>9,632<br>20,000<br>-<br>2,000<br>5,000<br>20,000<br>5,000<br>110,132<br>31.7.24<br>£<br>10,309<br>1,235|
|---|---|---|



continued... 

Page 13 



**BISHOPS STORTFORD YOUTH PROJECT** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 July 2025** 

## **6. TRUSTEES' REMUNERATION AND BENEFITS** 

During the year one of the trustees, Caroline Clark, received remuneration of £nil (2024: £500) for providing a series of creative arts workshops. 

There were no further remunerations or benefits given to the trustees. 

## **Trustees' expenses** 

There were no trustees' expenses paid for the year ended 31 July 2025 nor for the year ended 31 July 2024. 

## **Key management** 

The trustees consider the role of Key Management to be that of the CEO. 

During the year, Key Management received remuneration totalling £35,000 of gross salary (2024: £35,000) 

## **7. STAFF COSTS** 

The average monthly number of employees during the year was as follows: 

|<br>All employees<br>No employees received emoluments in excess of £60,000.<br>**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**<br>Unrestricted<br>fund<br>£<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>37,757<br>**Charitable activities**<br>Youth Project<br>-<br>Other trading activities<br>14,291<br>**Total**<br>52,048<br>**EXPENDITURE ON**<br>Raising funds<br>13,324<br>**Charitable activities**<br>Youth Project<br>47,730<br>**Total**<br>61,054<br>**NET INCOME/(EXPENDITURE)**<br>(9,006)<br>**RECONCILIATION OF FUNDS**<br>Total funds brought forward<br>156,642<br>**TOTAL FUNDS CARRIED FORWARD**<br>147,636|31.7.25<br> <br>3<br>Restricted<br>funds<br>£<br>1,005<br>110,132<br>1,620<br>112,757<br>6,641<br>105,401<br>112,042<br>715<br>32,619<br>33,334|31.7.24<br>3<br>Total<br>funds<br>£<br>38,762<br>110,132<br>15,911<br>164,805<br>19,965<br>153,131<br>173,096<br>(8,291)<br>189,261<br>180,970|
|---|---|---|



## **8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** 

continued... 

Page 14 



**BISHOPS STORTFORD YOUTH PROJECT** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued** 

## **for the year ended 31 July 2025** 

## **9. TANGIBLE FIXED ASSETS** 

|Improvements<br>Fixtures<br>to<br>and<br>property<br>fittings<br>£<br>£<br>**COST**<br>At 1 August 2024 and 31 July 2025<br>106,572<br>12,141<br>**DEPRECIATION**<br>At 1 August 2024<br>101,999<br>8,708<br>Charge for year<br>4,513<br>690<br>At 31 July 2025<br>106,512<br>9,398<br>**NET BOOK VALUE**<br>At 31 July 2025<br>60<br>2,743<br>At 31 July 2024<br>4,573<br>3,433<br>**10.**<br>**STOCKS**<br>Stocks<br>**11.**<br>**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Trade debtors<br>Other debtors<br>Gift Aid<br>Prepayments|Equipment<br>£<br>23,096<br>16,462<br>2,024<br>18,486<br>4,610<br>6,634<br>31.7.25<br>£<br>609<br>31.7.25<br>£<br>400<br>2,283<br>-<br>2,576<br>5,259|Totals<br>£<br>141,809<br>127,169<br>7,227<br>134,396<br>7,413<br>14,640<br>31.7.24<br>£<br>978<br>31.7.24<br>£<br>180<br>120<br>770<br>2,820<br>3,890|
|---|---|---|



continued... 

Page 15 



**BISHOPS STORTFORD YOUTH PROJECT** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 July 2025** 

## **12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** 

|Trade creditors<br>Social security and other taxes<br>Other creditors<br>Accrued expenses<br>**13.**<br>**MOVEMENT IN FUNDS**<br>**Unrestricted funds**<br>General fund<br>**Restricted funds**<br>Hertfordshire Community Foundation<br>HCC<br>Tesco Community Grant<br>Shanly Foundation<br>Postcode Places Trust<br>BBC Children in Need<br>The National Lottery<br>Locality Grant<br>Central Social & Recreational Trust<br>Essex Youth Trust<br>National Lottery - Million Hours<br>Rotary<br>Tees Better Futures<br>Stort Valley Health<br>Abbvie Ltd<br>Benefact Trust<br>Bishop Radford Trust<br>Robert Clutterbuck Charitable Trust<br>**TOTAL FUNDS**|At 1.8.24<br>£<br>147,639<br>10,000<br>306<br>116<br>2,000<br>2<br>9,751<br>-<br>760<br>1,000<br>1,822<br>454<br>500<br>5,000<br>1,620<br>-<br>-<br>-<br>-<br>33,331<br>180,970|31.7.25<br>£<br>1,448<br>-<br>-<br>1,235<br>2,683<br>Net<br>movement<br>in funds<br>£<br>(13,780)<br>(8,324)<br>(306)<br>(116)<br>(2,000)<br>(2)<br>(8,759)<br>2,574<br>(760)<br>(1,000)<br>(1,822)<br>(454)<br>(500)<br>(5,000)<br>(1,200)<br>2,263<br>7,200<br>2,000<br>1,077<br>(15,129)<br>(28,909)|31.7.24<br>£<br>-<br>2,606<br>402<br>1,200<br>4,208<br>At<br>31.7.25<br>£<br>133,859<br>1,676<br>-<br>-<br>-<br>-<br>992<br>2,574<br>-<br>-<br>-<br>-<br>-<br>-<br>420<br>2,263<br>7,200<br>2,000<br>1,077<br>18,202<br>152,061|
|---|---|---|---|



continued... 

Page 16 



**BISHOPS STORTFORD YOUTH PROJECT** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued** 

## **for the year ended 31 July 2025** 

## **13. MOVEMENT IN FUNDS - continued** 

Net movement in funds, included in the above are as follows: 

|**Unrestricted funds**<br>General fund<br>**Restricted funds**<br>Hertfordshire Community Foundation<br>HCC<br>Tesco Community Grant<br>Shanly Foundation<br>Postcode Places Trust<br>BBC Children in Need<br>Garfield Weston Foundation<br>The National Lottery<br>Locality Grant<br>HCF Warm Spaces<br>Central Social & Recreational Trust<br>Essex Youth Trust<br>National Lottery - Million Hours<br>Rotary<br>Tees Better Futures<br>Stort Valley Health<br>Abbvie<br>Albert Hunt Trust<br>Bauer Trust<br>Benefact Trust<br>Bishop Radford Trust<br>Robert Clutterbuck Charitable Trust<br>**TOTAL FUNDS**|Incoming<br>resources<br>£<br>84,233<br>2,001<br>-<br>-<br>-<br>-<br>-<br>15,000<br>19,911<br>500<br>2,000<br>-<br>-<br>-<br>-<br>-<br>1,620<br>5,001<br>5,000<br>500<br>7,200<br>2,000<br>1,500<br>62,233<br>146,466|Resources<br>Movement<br>expended<br>in funds<br>£<br>£<br>(98,013)<br>(13,780)<br>(10,325)<br>(8,324)<br>(306)<br>(306)<br>(116)<br>(116)<br>(2,000)<br>(2,000)<br>(2)<br>(2)<br>(8,759)<br>(8,759)<br>(15,000)<br>-<br>(17,337)<br>2,574<br>(1,260)<br>(760)<br>(2,000)<br>-<br>(1,000)<br>(1,000)<br>(1,822)<br>(1,822)<br>(454)<br>(454)<br>(500)<br>(500)<br>(5,000)<br>(5,000)<br>(2,820)<br>(1,200)<br>(2,738)<br>2,263<br>(5,000)<br>-<br>(500)<br>-<br>-<br>7,200<br>-<br>2,000<br>(423)<br>1,077<br>(77,362)<br>(15,129)<br>(175,375)<br>(28,909)|
|---|---|---|



continued... 

Page 17 



**BISHOPS STORTFORD YOUTH PROJECT** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued** 

## **for the year ended 31 July 2025** 

## **13. MOVEMENT IN FUNDS - continued** 

## **Comparatives for movement in funds** 

|**Unrestricted funds**<br>General fund<br>**Restricted funds**<br>Essex Community Foundation<br>Hertfordshire Community Foundation<br>Fowler, Smith and Jones<br>HCC<br>Tesco Community Grant<br>Shanly Foundation<br>Postcode Places Trust<br>BBC Children in Need<br>Garfield Weston Foundation<br>Locality Grant<br>Simon Gibson Charitable Trust<br>HCF Warm Spaces<br>Mrs Smith & Mount Trust<br>Thorley St James<br>Central Social & Recreational Trust<br>Essex Youth Trust<br>National Lottery - Million Hours<br>Rotary<br>Tees Better Futures<br>Stort Valley Health<br>**TOTAL FUNDS**|At 1.8.23<br>£<br>156,642<br>3,800<br>-<br>2,000<br>8,000<br>931<br>-<br>-<br>7,865<br>318<br>760<br>2,318<br>127<br>5,000<br>1,500<br>-<br>-<br>-<br>-<br>-<br>-<br>32,619<br>189,261|Net<br>movement<br>in funds<br>£<br>(9,003)<br>(3,800)<br>10,000<br>(2,000)<br>(7,694)<br>(815)<br>2,000<br>2<br>1,886<br>(318)<br>-<br>(2,318)<br>(127)<br>(5,000)<br>(1,500)<br>1,000<br>1,822<br>454<br>500<br>5,000<br>1,620<br>712<br>(8,291)|At<br>31.7.24<br>£<br>147,639<br>-<br>10,000<br>-<br>306<br>116<br>2,000<br>2<br>9,751<br>-<br>760<br>-<br>-<br>-<br>-<br>1,000<br>1,822<br>454<br>500<br>5,000<br>1,620<br>33,331<br>180,970|
|---|---|---|---|



continued... 

Page 18 



**BISHOPS STORTFORD YOUTH PROJECT** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued** 

## **for the year ended 31 July 2025** 

## **13. MOVEMENT IN FUNDS - continued** 

Comparative net movement in funds, included in the above are as follows: 

|**Unrestricted funds**<br>General fund<br>**Restricted funds**<br>Essex Community Foundation<br>Hertfordshire Community Foundation<br>Fowler, Smith and Jones<br>HCC<br>Tesco Community Grant<br>Shanly Foundation<br>Sisters of the Holy Cross<br>Postcode Places Trust<br>BBC Children in Need<br>Garfield Weston Foundation<br>Locality Grant<br>Simon Gibson Charitable Trust<br>HCF Warm Spaces<br>Mrs Smith & Mount Trust<br>Thorley St James<br>Central Social & Recreational Trust<br>Essex Youth Trust<br>John Laing Charitable Trust<br>National Lottery - Million Hours<br>Rotary<br>Tees Better Futures<br>Stort Valley Health<br>**TOTAL FUNDS**|Incoming<br>resources<br>£<br>52,048<br>-<br>12,000<br>-<br>-<br>-<br>2,000<br>20,000<br>20,001<br>10,000<br>15,001<br>500<br>5,002<br>2,000<br>5,001<br>500<br>1,000<br>2,000<br>1,000<br>9,632<br>500<br>5,000<br>1,620<br>112,757<br>164,805|Resources<br>Movement<br>expended<br>in funds<br>£<br>£<br>(61,051)<br>(9,003)<br>(3,800)<br>(3,800)<br>(2,000)<br>10,000<br>(2,000)<br>(2,000)<br>(7,694)<br>(7,694)<br>(815)<br>(815)<br>-<br>2,000<br>(20,000)<br>-<br>(19,999)<br>2<br>(8,114)<br>1,886<br>(15,319)<br>(318)<br>(500)<br>-<br>(7,320)<br>(2,318)<br>(2,127)<br>(127)<br>(10,001)<br>(5,000)<br>(2,000)<br>(1,500)<br>-<br>1,000<br>(178)<br>1,822<br>(1,000)<br>-<br>(9,178)<br>454<br>-<br>500<br>-<br>5,000<br>-<br>1,620<br>(112,045)<br>712<br>(173,096)<br>(8,291)|
|---|---|---|



continued... 

Page 19 



**BISHOPS STORTFORD YOUTH PROJECT** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued** 

## **for the year ended 31 July 2025** 

## **13. MOVEMENT IN FUNDS - continued** 

A current year 12 months and prior year 12 months combined position is as follows: 

|**Unrestricted funds**<br>General fund<br>**Restricted funds**<br>Essex Community Foundation<br>Hertfordshire Community Foundation<br>Fowler, Smith and Jones<br>HCC<br>Tesco Community Grant<br>BBC Children in Need<br>Garfield Weston Foundation<br>The National Lottery<br>Locality Grant<br>Simon Gibson Charitable Trust<br>HCF Warm Spaces<br>Mrs Smith & Mount Trust<br>Thorley St James<br>Stort Valley Health<br>Abbvie Ltd<br>Benefact Trust<br>Bishop Radford Trust<br>Robert Clutterbuck Charitable Trust<br>**TOTAL FUNDS**|At 1.8.23<br>£<br>156,642<br>3,800<br>-<br>2,000<br>8,000<br>931<br>7,865<br>318<br>-<br>760<br>2,318<br>127<br>5,000<br>1,500<br>-<br>-<br>-<br>-<br>-<br>32,619<br>189,261|Net<br>movement<br>in funds<br>£<br>(22,783)<br>(3,800)<br>1,676<br>(2,000)<br>(8,000)<br>(931)<br>(6,873)<br>(318)<br>2,574<br>(760)<br>(2,318)<br>(127)<br>(5,000)<br>(1,500)<br>420<br>2,263<br>7,200<br>2,000<br>1,077<br>(14,417)<br>(37,200)|At<br>31.7.25<br>£<br>133,859<br>-<br>1,676<br>-<br>-<br>-<br>992<br>-<br>2,574<br>-<br>-<br>-<br>-<br>-<br>420<br>2,263<br>7,200<br>2,000<br>1,077<br>18,202<br>152,061|
|---|---|---|---|



continued... 

Page 20 



**BISHOPS STORTFORD YOUTH PROJECT** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 July 2025** 

## **13. MOVEMENT IN FUNDS - continued** 

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: 

|**Unrestricted funds**<br>General fund<br>**Restricted funds**<br>Essex Community Foundation<br>Hertfordshire Community Foundation<br>Fowler, Smith and Jones<br>HCC<br>Tesco Community Grant<br>Shanly Foundation<br>Sisters of the Holy Cross<br>Postcode Places Trust<br>BBC Children in Need<br>Garfield Weston Foundation<br>The National Lottery<br>Locality Grant<br>Simon Gibson Charitable Trust<br>HCF Warm Spaces<br>Mrs Smith & Mount Trust<br>Thorley St James<br>Central Social & Recreational Trust<br>Essex Youth Trust<br>John Laing Charitable Trust<br>National Lottery - Million Hours<br>Rotary<br>Tees Better Futures<br>Stort Valley Health<br>Abbvie Ltd<br>Albert Hunt<br>Bauer Trust<br>Benefact Trust<br>Bishop Radford Trust<br>Robert Clutterbuck Charitable Trust<br>**TOTAL FUNDS**|Incoming<br>resources<br>£<br>136,281<br>-<br>14,001<br>-<br>-<br>-<br>2,000<br>20,000<br>20,001<br>10,000<br>30,001<br>19,911<br>1,000<br>5,002<br>4,000<br>5,001<br>500<br>1,000<br>2,000<br>1,000<br>9,632<br>500<br>5,000<br>3,240<br>5,001<br>5,000<br>500<br>7,200<br>2,000<br>1,500<br>174,990<br>311,271|Resources<br>Movement<br>expended<br>in funds<br>£<br>£<br>(159,064)<br>(22,783)<br>(3,800)<br>(3,800)<br>(12,325)<br>1,676<br>(2,000)<br>(2,000)<br>(8,000)<br>(8,000)<br>(931)<br>(931)<br>(2,000)<br>-<br>(20,000)<br>-<br>(20,001)<br>-<br>(16,873)<br>(6,873)<br>(30,319)<br>(318)<br>(17,337)<br>2,574<br>(1,760)<br>(760)<br>(7,320)<br>(2,318)<br>(4,127)<br>(127)<br>(10,001)<br>(5,000)<br>(2,000)<br>(1,500)<br>(1,000)<br>-<br>(2,000)<br>-<br>(1,000)<br>-<br>(9,632)<br>-<br>(500)<br>-<br>(5,000)<br>-<br>(2,820)<br>420<br>(2,738)<br>2,263<br>(5,000)<br>-<br>(500)<br>-<br>-<br>7,200<br>-<br>2,000<br>(423)<br>1,077<br>(189,407)<br>(14,417)<br>(348,471)<br>(37,200)|
|---|---|---|



## Restricted funds: 

Essex Community Foundation/Saffron Community Fund - Running costs 

Hertfordshire Community Foundation (HCF) - Targeted & open access to mental health, youth volunteering & activity days. 

Fowler Smith & Jones Trust - Maintaining open access 

HCC - Youth worker salaries, new projects and core costs 

Tesco Community Grant - Healthy eating project 

continued... 

Page 21 



**BISHOPS STORTFORD YOUTH PROJECT** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 July 2025** 

## **13. MOVEMENT IN FUNDS - continued** 

BBC Children in Need - Mentoring project 

Garfield Weston Foundation - Running costs 

The National Lottery - Open access & mental wellbeing project 

Locality Grants - Volunteer costs 

Simon Gibson Charitable Trust - Development of mental wellbeing through creative projects 

HCF - Warm Spaces - Providing hot meals to young people 

Mrs Smith & Mount Trust - Maintaining open access and targeted youth services 

Thorley St James - Running Costs 

Sisters of The Holy Cross - Maintaining open access 

Central Social & Recreational Trust - School holiday activities 

Essex Youth Trust - Youth workers salaries 

John Laing Charitable Trust - Mental Wellbeing Project 

National Lottery Million Hours - Additional youth activities 

Rotary - Maintaining open access 

Tees Better Future - Youth workers salaries, running & project costs 

Stort Valley Health - Youth counselling services 

Abbvie Ltd - Mental Wellbeing Project 

Albert Hunt Trust - Maintaining open access 

Bauer Trust - Games for café 

Benefact Trust - Mentoring project 

Bishop Radford Trust - Mentoring project 

Robert Clutterbuck Charitable Trust - School holiday activities 

Postcode Places Trust - maintaining open access and mental wellbeing 

Shanly Foundation - 10 year anniversary events 

## **14. RELATED PARTY DISCLOSURES** 

There were no related party transactions for the year ended 31 July 2025. 

Page 22