Young People and Children First
Taking reasonable care
We have quoted below information from HMRC on reasonable care.
"Under the new HMRC penalty System, a pent71ty will not be charged where reasonable care is taken
('), even if an error is made. As part of taking reasonable care a person may seek professional advice
and may appoint an agent to help them with their affairs.
Where a person appoints an agent this does not allow them to deny responsibilityfor their tox affairs.
They still have o duty to toke reosonable core, within their obility ond competence, ond this includes
taking reasonable core to ovoid inaccuracy by their agent. Where they give their agent all relevant
information ond oct on the professionol odvice received they will hove token reasonoble core. They
must, however, also check their agent's work or advi￿ to the best of their ability ond competence."
In a careful study of all the accountancy information web sites, we are yet to find an example of
where HMRC have agreed that an error made on a tax return arose despite reasonable care; they
always seem to assume it was caused at least by carelessness130% penalty)- the underlying
message is that if a mistake is made, there will probably be a penalty.
As your agents, we have compiled the enclosed accounts / tax returns solely from the source records,
information and explanations provided by you. It is vitally important that you have disclosed all of
your business and personal affairs to us that may have any implication on your tax position.
It is also vitally important that you have records upon which you can rely in completing your self-
assessment returns. We will have discussed with you if there are improvements that we could
identify as being required in your record keeping- the responsibility for ensuring that appropriate
records are maintained is yours.
Please review the enclosed working papers and schedules that we have provided and reassure
yourself that these are correct. If you are uncertain about any of the information within this
package, please talk to your accountant at Riverview Portfolio.
We ask that in addition to signing your returns, that you sign this declaration that you have fully
understood your sole responsibility to provide us with full disclosure of any matters that are
pertinent to your taxation, and that you have read and confirm that this package of papers is full and
complete in all respects for this return period.
Anna Savage
Chair of Trustee

Company registration number: 08692587
Charity registration number= 1157870
Young People and Children First
(A company limited by share capitsl)
Annual RetM)rt and Financial Statements
for the Year Ended 30 September 2024
Riverview Portfolio Limited
1 Market Hill
Carne
Wiltshire
SN11 OBT

Young People and Children First
Contents
Trustees, Report
1to8
Statement of Trustees, Responsibilities
Independent Examinerfs Report
10
Statement of Financial Activities
11 to12
Balance Sheet
13
Notes to the Financial Statements
14to24

Young People and Children First
Trustee-s Report
TRUSTEES, REPORT
OBJECTIVES AND ACTIVITIES
Background of the Charity
Young People and Children First (trading as Bridge for Young People (BfYP)) was launched as an
independent charity in 2008, firstly under a previous named charity, Children First West Berkshire. BfYP is
based in West Berkshire and has three shared houses in Thatcham, Berkshire. The charity was set up in
2008 by foster parents John and Patsy Stone lo fill a gap in provision for care leavers. BfYP has over 14
years, experience successfully delivering services to young people in need. Its profile and reputation have
continued to grow locally over the past decade.
The Charity's charitable purpose
The Charity is estsblished for the benefit of children and young people who are, or have been. in care (our
priority focuses on young care leavers) and other homeless young people aged be￿een 16 - 25.
Our vision
Bridge for Young People wants to see a world where every child leaving care has the opportunity to have a
safe place to live and to receive the guidance and support they need to bridge the critical gap between
foster care and independent living. We want every young person to develop the life skills, coping strategies
and confidence they need to achieve their full potential.
Our mission statement
Every child and young adult should have the right to be happy. healthy. safe. and Suc￿sSfUl.
Our values
We believe that care leavers should enjoy the same rights and opportunities as other children and young
people as set out in the United Nations Convention on the Rights of the Child. including access to activities
and opportunities that suit their needs, abilwties, and aspirations.
Our aims
To provide a safe and comfortable home. life skills and work and learning opportunities that will develop
young peoples, skills and capacities to enable them to participate in society as mature and responsible
individuals.
Why our work is needed
Young people who have been in care, have often been exposed to neglect and abuse. This abuse can be
physical, emotional. psychological andlor sexual. Their childhood and young adulthood is fraclured and
unstable as a result of the abuse they have enduredlwitnessed. When children and young people are taken
into care they are, understandably distressed. traumatised and frequently have significant mental health
issues. The impact of these experiences has a profound impact on them. The long-term consequences of
abuse and neglect can manifest in many ways. including:
Low self-esteemlself-worth
Lack of confidence
Lack of trust (in themselves and others) creating problems with forming personal relationships
and parenting
Anger
Guilt (thinking the abuse was 'their fault")
Anxiety
Page 1

Young People and Children First
Trustee-s Report
Depression
Self-harm
Substance abuse.
Children and young people need stability and security to enable them to Ilourish. Yet sadly the experience
of children and young people who are in carelcare leavers is instability and flux. It is not unusual for them
to have had a significant number of Social Workers and placements with Foster Carers during their
childhoodladolescence, resulting in changes in schoolslfriends and family. This has a negative impact on
them and consequently many young people leaving the care system have had reduced opportunities. They
are often uneducated (with poor literacy skills), have limited practical skills and knowledge of basic life skills
and poor emotional literacy, which impedes their ability to fulfil their personal polential. It is not uncommon
for there to be limited. poor preparation for leaving care and this can result in a lack of suitable
accommodation and support. Consequentially. many young people leaving the care system do not have the
personal responsibility or discipline to cope with living independently, this is further exacerbated by their
lack of a robust social support ne￿ork.
Our Ambition
During the 15 years the charity has existed the ambition of the charity has remained constant. This is to
provide a safe, stsble environment for the young people using its services. Once they arrive at one of our
houses and are "settled in", we can then begin working with them.. this entails offering a range of
opportunities and provisions to enable them to acquire and embed the skills, knowledge, and confidence to
enable them to move successfully to independent living.
We are proactive and use a 'person ￿ntred. and holistic approach in our work with young people. This
entails working closely with other relevant organisations and servI￿s. Using this approach enables us to
ascertain the individual needs of the young person are fully considered and are at the centre of everything
we do. Working in this way, together we can create a "pathway. for the young person to walk along at their
own pace.
Effective work with the young people entails providing both practical, emotional and psychological support.
This can include..
EmotionaVPsychological Support
Relevant and timely emotionallpsychological support is provided by our support workers in tandem with
specialists to help with attachment disorders and other associated issues related to Adverse Childhood
Experiences. This aids the development of their self- esteem, self-respect, confidence. self-worth and trust
(this latter area can often be very difficult as distrust of others (particularly adults) is common but not
unexpected. often as a consequence of their fractured lives.)).
Practical support
Work related.. CV writing, interview and presentation skills. support with core subjects such as English and
Maths, help with researching, securing. and maintaining volunteering opportunities, routes into education
courses, training and employment. This gives them the opportunity to.try out" and work towards embedding
these skills and knowledge.
Llfe skills support
Budgeting and money management, opening a bank account
Cooking {on a budget)
Self-care. hygiene and nutrition
Understanding their rights and responsibilities
Food shopping and food handling
Page 2

Young People and Children First
Trustee-s Report
House maintenance (taking responsibility for keeping their rooms and the rest of the house clean
and tidy so they can continue to live in a comfortable environment)
Recognising when to include, seek help from olher specialists and people (including volunteers).
This is key to ensuring successful outcomes for the young people.
Our overall ambition is for them to fully make use of the opportunities available for them. We want them to
flourish and have a happy and successful future (however they define this) so they can move on as
responsible people who can participate fully in society.
For some young people, their progress as they navigate their pathway will be slow and they may often
stumble. However, with ongoing support and a focus on them as individuals, each step helps them to
progress and navigate their future path.
Our Staff and volunteers
Bridge for Young People has the capacity to deliver its work and learning programme with the support from
highly skilled and experienced staff. The core team of full and part time staff include=
CEO
Support Service Manager
Support Workers
Corporate and Community Fundraiser
Finance Officer
Office Administrator
Property Caretaker
Live-in Supervisors
Bank Staff (when required).
This ensures that the planning and coordination of our programmes are efficient and effective. Young People
and Children First also recruit, train and supervise a number of skilled volunteers.
Volunteers are recruited according to the needs of the young people and the Charity. We have volunteers
who are tutors. assisting with for example. English Language and Math, to enable the young people to pass
their GCSE'S, interview skills. help with Cvwriting. assisting them to develop theircareers. Other befrienders
assist with cooking. crafts and outside exercise. We also have volunteers for admin and fundraising.
Activities
The charitable objectives of the charity (which are set out in its constitution). are to advance in life and
relieve the needs of young people through-
the provision of recreational and leisure time activities provided in the interest of social welfare,
designed to improve confidence and their conditions of life
providing support and activities which develop their skills capacities to enable them to participate
in society as mature and responsible individuals.
Utilising a strength-based and person-centred approach, the charity fulfils the objectives and activities
above. We believe the environment in which the young people live is paramount to enabling them to settle
in and feel "at home..
We have three family sized houses, which can house up to 10 young people (in total). All houses are in
local residential settings. near to the town cenlre of Thatcham, with all its requisile facilities (shops, health
facilities, GP surgeries, dentists, Hospital, Library, Community Centre, transport facilities).
Having three houses ensures the environmentthe young people live in is not institutional (e.g. a large hostel)
and the young people are not "lost" which helps the young people feel safe and valued. In addition to the
Page 3

Young People and Children First
Trustee-s Report
support workers and support manager. there is a live-in supervisor in each house who provides security,
emotional support. and encourages the young people to participate in and develop skills in carrying out
routine household chores.
Each young person has a personalised development plan. This is created and monitored with the young
person using the nationally recognised tool. Outcomes Star. This helps them to not only be the architect of
their plan and be active participants in this. but it is also a visual tool, so they can see the progress they
make and where they need more practical andlor emotional support.
Beneficiaries of the work
Our priority for access to our services is for care leavers who have left foster carelare homeless and need
support to develop their life skills. Where we have vacancies and there are no care leavers requiring our
services. we also work with other young homeless people (16-25). Many of the young people we work with
have additional issues that require ongoing support. This includes young people on the autistic spectrum.
with literacy and learning difficulties. mentsl ill health and challenging behaviours.
The barriers faced by young people who have been in the care system, have been homeless and
experienced instability in their lives can often feel unsurmountable. In comparison to their peers, they are
more likely to have lower social skills and expectations. experience mental ill health (anxiety, depression).
lower educational achievement leading to difficulties in accessing employment, further education, training.
Post foster care, without ongoing access to suitable housing. they are more likely to experience sofa surfing
andlor rough sleeping which bring with them additional concerns which also corrode their ability to improve
their life. This continuation of their fractured lives is dangerous, making them more vulnerable to being
exploited (e.g. trafficking, sexual abuse. criminal activity).
National statistics, 2023 highlight that-
A total of 13,112 young individuals aged out of the care system on their 18th birthday, marking a
4 /0 increase Sin￿ 2020
Care leavers account for approx. 250/0 of the homeless population
Over the past five years, there has been a 540/0 increase in the number of care leavers aged 18 to
20 experiencing homelessness
Nearly 250/0 of the adult prison population have previously been in care. and almost 500/0 of
individuals under 21 in contact with the criminal justice system have spent time in care
By the academic yearthey turned 24, 52 % of looked-after children had been convicted of a criminal
offence. compared to 13 % of their non-care-experienced peers.
Among care leavers, 7 % of 17-year-olds, 3 /0 of 18-year-olds, and 6°/0 of those aged 19-21 were in
accommodation considered unsuitable
Just 9 /0 of care leavers entered higher education by their 19th birthday. compared to 470/0 of the
wider population.
There are 83,630 children in care in England (March 31st 2024)
From April 2023 - 31st March 2024 69 % of children in care had one placement during the year,
while 10 % eXperien￿d high instability, having three or more placements. 45°/0 of children were
placed out of their home area. an increase of 41 % in 2020
Achievements and performance (2023-2024)
This year our committed staff and volunteers have provided significant support and a range of activities with
our young people. Achievements this year have included..
A home and support to 17 young people. This included 10 new young people during this time
Of these 20 young people, 8 had a mild to significant learning disability- of which 6 was related to
diagnosis on the Autistic Spectrum.
During this year, 5 moved on into independent living in their own homes, and one to university
On average across the year over 85 % were in education, training or employment.
Page 4

Young People and Children First
Trustee-s Report
One of the priorities of the charity is that young people accepting a place with the charity begin to engage
with work (paid andlor voluntsry) and leaming. This can sometimes be difficult as often there has been little
or no structure to their lives and coupled with their limited education this can often be a struggle for them.
Our support staff provide in-depth support and work persistently and patiently with the young people to help
them find and secure work and learning opportunities. Our staff have a breadth of knowledge of local
organisations and excellent relationship with the local college and the volunteer bureau.
Equal Opportunities and Diversity Statement
As a responsible charity, BfYP's commitment to equality opportunities and diversity is robust. This
commitment includes all who receive our services (the young people), our staff and Trustees, volunteers,
professional colleagues and all who come into contact with the charity. We respect and value diversity and
our perspective is that it adds to and enriches the charity, enabling all to benefit. We strive to ensure that
this commitment remains robust and therefore we remain vigilant to practices that could undermine this.
We provide a working and supported housing environment which supports all current protected
characteristics ie. age, disability, gender reassignment, marital or civil partner status, pregnancy or
maternity, race, ethnic or national origin, religion or belief. sex or sexual orientation.
Quality Assurance
Bridge for Young People is OFSTED registered (2765415) to provide supported accommodation to 16 and
17 year olds. The charity is committed to maintaining and improving our quality assurance in all aspects of
our work. This requires all working within the charity (employees, volunteers, Trustees) to be involved in this
aspect of our work.
We continue to enhance our existing quality assurance. We review and revise existing policies as per policy
schedule ensuring they remain "fit for purpose". We run separate committees which include
staff￿rUsteeSlexternaI personnel. This provides a more distinct focus on these specific areas of the charity.
These are:
Finance Committee
HR Committee
Growth (Wessex House) Committee
To support these commwttees, we also have:
A Quality Assurance Framework- for resident and support ServI￿S
A Financial Controls policy and procedure.
The committees have distinct responsibility for differing aspects of the organisation and enhance our quality
assurance, enabling the charity to identify risks and address these quickly and effectively.
Our Funders
To enable us to continue to provide our much-needed housing and services for young people, we rely on
fundraising, donations and grants. We are very grateful to all our supporters and friends who provide
much needed funding and ongoing practical support.
Our main funders this year have included..
Foundation IT
Greenham Trust
Lloyds Foundation Trust
Englefield Trust
Peter Baker Foundation
Openwork Foundation
Blagrave
Page 5

Young People and Children First
Trustee-s Report
Edward Gostling Foundation
Global Make Some Noise
Charitable activities
Key performance indicators are recorded for many areas of the charity's work. below are the main ones for
the year..
10 out of the 17 young people during this year have obtained work
5 young people are in education
The charity maintained a sustainable financial position
The charity saw high occupancy levels, demonstrating the continued need for our services.
FINANCIAL REVIEW
Financial position
Our total income increased from £422,616 to £447,751 in 202312024. This was as a consequence of high
occupancy, an increase in funded support hours and increased donations.
At the end of the financial year 202312024 the charity's total reserves as at 30th September 2024 were
£288,867.
The Trustees believe that this amount of reserves provides a robust foundation for the charity enabling
them to develop and implement our future plans whilst also being aware of the challenging climate of
securing additional funding. These reservices also take into account the growth of Wessex House,
opening in April 2025.
Investment policy and objectives
Discretional investment powers are delegated to the charity's Trustees.
Reserves policy
The Trustees monitor the reserves of the charity. This process considers the nature of all income and
expenditure streams, commitments, and the nature of the reserves. The Trustees have examined the
minimum requirements for free reserves which are unrestricted funds not invested in fixed assets or
otherwise committed. The charity intends to hold, as a minimum, a Reserve Fund equal to the sum required
to run down, in a planned way, all projects over a period of three months taking into account monies still
incoming. Further to the Reserves policy, the Trustees consider that there should be funds equivalent to 6
months expenditure with a target of at least £66,000 and this would provide a basis on which to expand the
services provided by BfYP. Overall. this in line with the Charity Commission's own recommendations about
reserves.
FUTURE PLANS
Our future plans for 2024-2025. We aim to:
Open a six bedroomed house and seven one-bedroom flatlets to house 13 young people. This is
a joint venture with Greenham Trust.
Continue working closely with Wesl Berkshire Council on meeting the needs of 16-25 care leavers
and homeless
Take all the advantages provided by Lloyd's Foundation to further secure the foundations of the
charity, in preparation for growth.
Continue to increase our range of volunteers. providing opportunities for people to develop their
interests and skills and "give back 'to their local community-
Page 6

Young People and Children First
Trustee-s Report
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.
The charitable company is a company limited by guarantee and is governed by its Memorandum and Articles
of Association dated 16 September 2013.
In the event that the charitable company is wound up the liability of the members is limited to a sum not
exceeding £10, being the amount that each member undertakes to contribute to the assets of the company
whilst they are a member or within one year of ceasing to be a member.
Organisational structure
The charitable company must have at any given time have at least three Trustees. During 2023-2024 the
Trustee Board met every two months.
Day to day responsibility for the provision of services rests with its CEO Tracy Unde￿ood along with other
officers to whom work is delegated accordingly. The Chair (Tim Dyson) is responsible for ensuring that the
charity delivers the seNices specified and the key performance indicators are met.
Boardrrrustee Structure (for the financial year 2023-2024) are as follows:
Full Trustees Board
Chair
Tim Dyson (from 21 January 2019, appointed Chair July 2019)
TRUSTEE - Mrs E M Bhatlacharyya - appointed 01.03.15
TRUSTEE - P E Greenan - appointed 02.07.18
TRUSTEE - P A Harris- appointed 04.03.19
TRUSTEE - Ms A J Savage - appointed 30.06.19
TRUSTEE- Mrs A.K. Salmon - appointed 16.12.19
TRUSTEE- Miss K Martin - appointed 01.11.22
TRUSTEE- Mrs K Ferris- appointed 03.08.20
TRUSTEE- Mr Peter Robertson- appointed 03.07.23
TRUSTEE - Mr Grahame Pitts appointed 29.07.24
TRUSTEE - Mr Martin Andrew Webb appointed 22.04.24
Committee Structure
Finance Committee {including Risk Management)
Trustees with accounting and business experience
CEO
Finance Officer
HR Committee
Trustees with HR and Business experience
CEO
Paid Management Staff Structure + volunteers
Chief Executive Officer
Support Services Manager
Administrative Officer
Page 7

Young People and Children First
Trustee-s Report
Finance Officer
Fundraiser
Volunteers (charity and office functions)
House 1: Comerstone
Live-in Supervisor
Support Workers
House 2: Rebecca House
Live-in Supervisor
Support Workers
House 3: Hope House
Live-in Supervisor
Support Workers
Induction and training of new Trustees
Appointment of Trustees
The Board has widened its membership and at the same time broaden the skill set that the Board has to
draw upon. It has undertaken a review of Trustee Induction with a more robust induclion process.
Trustee Inductlon
The induction process includes the provision of Charity Commission documents about the responsibilities
of Trustees, copies of the charity's goveming document, the latest Report and Accounts, charity aims and
objectives. The roles and responsibilities of members of the Board and key staff will be provided to them
once they are approved as a Trustee by the Trustee Board and have attended their first Trustee Board
meeting. Meetings with key staff will also take pla￿ once position approved.
Risk management
The Trustees are fully aware of their duty to identify and review risks to which the charity is exposed.
Reviewing the charity's principal risks and uncertainties is done informally at its regular two monthly Trustee
Board meetings. A formal risk register is in place and is a working document - for the Trustee Board to
determine over all risks to the charity.
Asset cover for funds
Note 11 sets out an analysis of the assets attributable to various funds. These assets are sufficient to meet
the charity's obligations on a fund-by fund-basis.
Page 8

Young People and Children First
Statement of Trustees. Responsibilities
The trustees (who are also the directors of Young People and Children First for the purposes of
company law) are responsible for preparing the trustees. report and the financial statements in
accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounling Practice) and applicable law and regulations.
Company law requires the trustees to prepare financial statements for each financial year. Under
company law the trustees must not approve the financial statements unless they are satisfied that
they give a true and fair view of the state of affairs of the charitable company and of its incoming
resources and application of resources, including its income and expenditure, for that period. In
preparing these financial statements, the trustees are required to-
select suitable accounting policies and apply them consistently.
observe the methods and principles in the Charities SORP.,
make judgements and estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial statements" and
prepare the financial statements on the going concem basis unless it is inappropriate to presume
thal the charitable company will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and
explain the charitable companys transactions and disclose wilh reasonable accuracy al any time the
financial position of the charitable company and enable them to ensure that the financial statements
comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the
charitable company and hence for taking reasonable steps for the prevention and detection of fraud
and other irregularities.
Approved by the trustees of the charity on 18 June 2025 and signed on its behalf by:
Mrs Anna Julia Savage
Chaiman and Trustee
Page 9

Young People and Children First
Independent Examiner's Report to the trustees of Young People and Children
First {'the Company,)
I report to the charity trustees on my examination of the accounts of the Company for the year ended
30 September 2024.
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
Since the Companls gross income exceeded £250,000 your examiner must be a member of a body
listed in section 145 of the 2011 Act. I confimi that l am qualified to undertake the examination
because l am a member of , which is one of the listed bodies.
I have completed my examination. I confimi 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 Young People and Children First 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 lapplicable 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.
1 Market Hill
Calne
Wiltshire
SN11 OBT
18 June 2025
Page 10

Young People and Children First
Statement of Financial Activities for the Year Ended 30 September 2024
(Including Income and Expenditure Account and Statement of Total
Recognised Gains and Losses)
Unrestricted
funds
Restricted
funds
Total
2024
Note
Income and Endowments from:
Donations and legacies
Charitable activities
Investment income
135,811
193.437
1.268
117,235
253,046
193.437
1,268
Total income
330.516
117,235
447.751
Expenditure on:
Raising funds
Charitable activities
(4,323)
(308,395)
{4.323)
(372,634)
(64,239)
Total expenditure
(312,718)
(64,239)
(376,957)
Net income
Transfers between funds
17,798
(6.344)
52,996
6,344
70.794
Net movement in funds
11,454
59,340
70.794
Reconciliation of funds
Total funds brought forward
211.129
6,944
218,073
Total funds carried forward
14
222,583
Unrestricted
funds
66,284
Restricted
funds
288,867
Total
2023
Note
Income and Endowments from:
Donations and legacies
Charitable activities
Investment income
305.694
106.350
561
305.694
116,361
561
10,011
Total income
412.605
10,011
422.616
Expenditure on:
Raising funds
Charitsble activities
(1,740)
(331,610)
(1.740)
(362,899)
(31,289)
Total expenditure
(333,350)
(31,289)
(364,639)
Net incomel(expenditure)
79,255
(21,278)
57,977
Net movement in funds
79,255
(21,278)
57,977
Reconciliation of funds
Total funds brought forward
131,874
28,222
160,096
Total funds carried forward
14
211,129
6,944
218,073
The notes on pages 14 to 24 form an integral part of these financial statements.
Page11

Young People and Children First
Statement of Financial Activities for the Year Ended 30 September 2024
(Including Income and Expenditure Account and Statement of Total
Recognised Gains and Losses)
All of the charity's activities derive from continuing operations during the above two periods.
The funds breakdown for 2024 is shown in note 14.
The notes on pages 14 to 24 form an integral part of these financial statements.
Page 12

Young People and Children First
(Registration number: 08692587)
Balance Sheet as at 30 September 2024
2024
2023
Note
Fixed assets
Tangible assets
10
1.968
2,625
Current assets
Debtors
Cash at bank and in hand
14,532
279,141
14,999
209,456
12
293,673
224,455
Creditors: Amounts falling due within one year
13
6,774
9,007
Net current assets
286,899
215,448
Net assets
288,867
218,073
Funds of the charity:
Restricted income funds
Restricted funds
66.284
6,944
Unrestricted income funds
Unrestricted funds
222,583
211,129
Total funds
14
288,867
218,073
Directors. responsibilities-
For the financial year in question the company was entitled to exemption under section 477
of the Companies Act 2006 relating to small companies.
No members have required the company to obtain an audit of its accounts for the year in
question in accordance with section 476 of the Companies Act 2006.
The director acknowledge their responsibility for complying with the requirements of the Act
with respect to accounting records and for the preparation of accounts.
These accounts have been prepared in accordance wwth the provisions applicable to
companies subject to the small companies regime.
The financial statements on pages 11 to 24 were approved by the trustees, and authorised for
issue on 18 June 2025 and signed on their behalf by..
Mrs Anna Julia Savage
Chairman and trustee
The notes on pages 14 to 24 form an integral part of these financial
statements.
Page 13

Young People and Children First
Notes to the Financial Statements for the Year Ended 30 September 2024
1 Charity status
The charity is limited by share capital, incorporated in
The address of its registered office is=
Venture West Greenham Business Park
Greenham
Thatcham
RG19 6HX
These financial statements were authorised for issue by the trustees on 18 June 2025.
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all the years presented, unless otheNise
stated.
Statement of compliance
The financial statements have been prepared in accordan￿ with 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}} (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Basis of preparation
Young People and Children First meets the definition of a public benefit entity under FRS 102. Assets
and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in
the relevant accounting policy notes.
Going concern
The trustees consider that there are no material uncertainties aboul the charitys ability lo continue as
a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by
the charity.
Income and endowmenls
All income is recognised once the charity has entitlement to the income, it is probable that the income
will be re￿iVed and the amount of the income re￿1vable can be measured reliably.
Page 14

Young People and Children First
Notes to the Financial Statements for the Year Ended 30 September 2024
Donations and legacies
Donations are recognised when the charity has been notified in writing of both the amount and
settlement date. In the event that a donation is subject to conditions that require a level of
performance by the charity before the charity is entitled to the funds, the income is deferred and not
recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly
within the control of the charity and it is probable that these conditions will be fulfilled in the reporting
period.
Grants receivable
Grants are recognised when the charity has an enti￿ernent to the funds and any conditions linked to
the grants have been mel. Where performance conditions are attached to the grant and are yet to be
mel, the income is recognised as a liability and included on the balance sheet as deferred income to
be released.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is
probable settlement is required and the amount can be measured reliably. All costs are allocated to
the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot
be directly attributed to particular headings they have been allocated on a basis consistent with the
use of resources. with central staff costs allocated on the basis of time spent, and depreciation
charges allocated on the portion of the asset's use. Other suptM)rt costs are allocated based on the
spread of staff costs.
Raising funds
These are costs incurred in attracting voluntary income. the management of investments and those
incurred in trading activities that raise funds.
Charitable activitles
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities
and services for its beneficiaries. It includes both costs that can be allocated directly to such activities
and those costs of an indirect nature necessary to support them.
Support costs
Support costs include central functions and have been allocated to activity cost categories on a basis
consistent with the use of resources, for example, allocating property costs by floor areas, or per
capita, staff costs by the time spent and other costs by their usage.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finan￿ Act 2010
and therefore it meets the definition of a charilable company for UK corporation tax purposes.
Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains
received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section
256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are
applied exclusively to charitable purposes.
Page 15

Young People and Children First
Notes to the Financial Statements for the Year Ended 30 September 2024
Tangible fixed assets
Individual fixed assets costing £0.00 or more are initially recorded at cost, less any subsequent
accumulated depreciation and subsequent accumulated impaimient losses.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any
estimated residual value. over their expected useful economic life as follows=
Stock
Work in progress is valued at the lower of cost and net realisable value, after due regard for obsolete
and slow moving stocks. Net realisable value is based on selling price less anticipated costs to
completion and selling costs. Cost includes all direct costs and an appropriate proportion of fixed and
variable overheads.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the
ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at
amortised cost using the effective interest method, less provision for impairment. A provision for the
impairment of trade deblors is established when there is objective evidence that the charity will not be
able to collect all amounts due according to the original terms of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly
liquid investments that are readily convertible to a known amount of cash and are subject to an
insignificant risk of change in value.
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs.
Interest-bearing borrowings are subsequently carried at amortised cost. with the difference between
the proceeds, net of transaction costs, and the amount due on redemption being recognised as a
charge to the Statement of Financial Activities over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest
payable and similar charges.
Borrowings are classified as current liabilities unless the charty has an unconditional right to defer
settlement of the liability for at least twelve months after the reporting date.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees discretion in
furtherance of the objectives of the charity.
Page 16

Young People and Children First
Notes to the Financial Statements for the Year Ended 30 September 2024
Restricted income funds are those donated for use in a particular area or for specific purposes, the
use of which is restricted to that area or purpose.
Pensions and other post retirement obligations
The charity operates a defined benefit pension scheme.Typically defined benefit plans define an
amount of pension benefit that an employee will receive on retirement, usually dependent on one or
more factors such as age. years of Servi￿ and compensation.
The liability recognised in the Balan￿ Sheet in respect of defined benefit pension plans is the present
value of the defined benefit obligation at the reporting date minus the fair value of plan assets. The
defined benefit obligation is measured using the projected unit credit method. The present value of the
defined benefit obligation is determined by discounting the estimated future payments by referen￿ to
market yields at the reporting date on high-quality corporate bonds that are denominated in the
currency in which the benefits will be paid. and that have terms to maturity approximating to the terms
of the related pension liability.
Actuarial gains and losses are charged or credited to other comprehensive income in the period in
which they arise.
3 Income from donations and legacies
Unrestricted
funds
General
Restricted
funds
Total
funds
Donations and legacies.,
Donations from individuals
Grants, including capital grants;
Grants from other charities
52.728
50
52.778
83.083
117,185
200,268
Total for 2024
135,811
117,235
253,046
Total for 2023
305,694
305,694
4 Income from charitable activities
Unrestricted
funds
General
Restricted
funds
Total
funds
193,437
193,437
Total for 2024
193,437
193,437
Total for 2023
106,350
10,011
116.361
Page 17

Young People and Children First
Notes to the Financial Statements for the Year Ended 30 September 2024
5 Investment income
Unrestricted
funds
General
Total
funds
Other investment income
1,268
1,268
Total for 2024
1,268
1,268
Total for 2023
561
561
6 Expenditure on raising funds
a) Costs of generating donations and legacies
Unrestricted
funds
General
Total
funds
Note
Allocated supporl costs
4,323
4,323
Total for 2024
4,323
4,323
Total for 2023
1,740
1,740
Total
costs
7 Expenditure on charitable activities
Unrestricted
funds
General
Restricted
funds
Total
funds
Note
58.874
202.621
46.900
45,083
16,198
2,958
103,957
218.819
49.858
Staff costs
Allocated support costs
Total for 2024
308.395
64,239
372,634
Total for 2023
331.610
31,289
362,899
Page 18

Young People and Children First
Notes to the Financial Statements for the Year Ended 30 September 2024
Total
expenditure
8 Staff costs
The aggregate payroll costs were as follows:
2024
2023
Staff costs during the year were:
Wages and salaries
Social security costs
Pension costs
Other staff costs
202.472
12,470
3,877
184,216
11,153
3,976
218,819
199,364
No employee received emoluments of more than £60.000 during the year.
Page 19

Young People and Children First
Notes to the Financial Statements for the Year Ended 30 September 2024
9 Taxation
The charity is a registered charrty and is therefore exempt from taxation.
10 Tangible fixed assets
Furniture and
equipment
Total
Cost
At 1 October 2023
12,474
12,474
At 30 September 2024
12,474
12,474
Depreciation
At 1 October 2023
Charge for the year
9.849
657
9,849
657
At 30 September 2024
10,506
10,506
Net book value
At 30 September 2024
1.968
1,968
At 30 September 2023
2,625
2,625
11 Debtors
2024
2023
Other debtors
14,532
14,999
12 Cash and cash equivalents
2024
2023
Cash at bank
279,141
209,456
13 Creditors: amounts falling due within one year
2024
2023
Other creditors
6,774
9,007
Page 20

Young People and Children First
Notes to the Financial Statements for the Year Ended 30 September 2024
14 Funds
Balance at
30
September
2024
Balance at
1 October
2023
Incoming
resources
Resources
expended
Transfers
Unrestricted funds
General
211.129
330.516
(312.718)
64.239
{6.344)
6.344
222.583
Restricted funds
6.944
117.235
66,284
Total funds
218.073
447,751
(376.957)
288.867
Balance at 30
September
2023
Balance at 1
October 2022
Incoming
resources
Resources
expended
Unrestricted funds
General
131,874
412,605
(333,350)
(31,289)
211,129
Restricted funds
28,222
10,011
6,944
Total funds
160,096
422.616
(364,639)
218.073
15 Analysis of net assets between funds
Total funds
at30
September
2024
Unrestricted
funds
General
Restricted
funds
Tangible fixed assets
Current assets
Current liabilities
738
285,150
(6,774)
279,114
1,230
8,523
1,968
293,673
{6,774)
288,867
Total net assets
9,753
Page 21

Young People and Children First
Notes to the Financial Statements for the Year Ended 30 September 2024
Total funds
at30
September
2023
Unrestricted
funds
General
Restricted
funds
Tangible fixed assets
Current assets
Current liabilities
984
215.932
(9,007)
207,909
1,641
8,523
2,625
224,455
{9,007)
218.073
Total net assets
10,164
16 Related party transactions
Page 22

Young People and Children First
Statement of Financial Activities by fund for the Year Ended 30 September
2024
Unrestricted Funds
Total
Total
Unrestricted Unrestricted
Funds
Funds
2024
2023
Income and Endowments from:
Donations and legacies
Charitable activities
Investment income
135,811
193.437
1.268
305,694
106.350
561
Total income
330.516
412.605
Expenditure on:
Raising funds
Charitable activities
(4.323)
(1,740)
(308,395) (331,610)
Total expenditure
(312,718) (333,350)
Net income
Transfers between funds
17,798
6,344)
79.255
Net movement in funds
11,454
79,255
Reconciliation of funds
Total funds brought forward
211,129
131.874
Total funds carried forward
222,583
211.129
This page does not fomi part of the statutory financial statements.
Page 23

Young People and Children First
Statement of Financial Activities by fund for the Year Ended 30 September
2024
Restricted Funds
Total
Total
Restricted Restricted
Funds
Funds
2024
2023
Income and Endowments from:
Donations and legacies
Charitable activities
117.235
10.011
Total income
117.235
10.011
Expenditure on:
Charitable activities
(64,239)
(31,289)
Total expenditure
(64,239)
(31,289)
Net incomel(expenditure)
Transfers between funds
52,996
6,344
(21.278)
Net movement in funds
59,340
(21,278)
Reconciliation of funds
Total funds brought forward
6,944
28.222
Total funds carried forward
66,284
6,944
This page does not fomi part of the statutory financial statements.
Page 24