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2022-03-31-accounts

You Make It

(A Charitable Incorporated Organisation)

Report and Financial Statements

Year ended 31 March 2022

Charity Number 1158572

Contents Page
Report of the Trustees 1
Independent Examiner’s Report 16
Statement of Financial Activities 17
Balance Sheet 18
Notes to the accounts 19-29

You Make It Report of the Trustees for the year ended 31 March 2022

The trustees present their annual report together with the independently examined financial statements of the charity for the year ended 31 March 2022. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s governing document, the Charities Act 2011 and the recommendations of Accounting and Reporting by Charities: Statement of Recommended Practice (SORP FRS 102 effective October 2019 ) as they apply to small charities.

Objectives and activities for the public benefit

The objects of You Make It, as set out in its governing document, are to advance the education and to relieve unemployment of Greater London’s young unemployed women in particular, but not exclusively, by:

(1) For the public benefit, to advance the professional and personal development of East London’s young unemployed and underemployed women – in particular those from non-privileged backgrounds – so that they may enter into and retain meaningful employment. This is done, in particular, but not exclusively, by delivering holistic three to six month programmes either in person or online, which provide participants with:

(a) information though interactive workshops, which are focused on developing skills to increase the participant’s employability and wellbeing;

(b) advice about learning and earning opportunities through a mentoring programme; and

(c) access to work experience and other “hands-on” experience in order to develop job-readiness.

(2) For the public benefit, in order to promote racial equality, to design and deliver a programme of interactive anti-racism workshops called You Change It (“YCI”). YCI will principally be delivered (both in person and online) to the employees of other charities, companies and organisations, as well as to individuals, from all backgrounds. Funds raised by YCI will, in part, go back into financially supporting the work described in (1) above. The YCI workshops (the exact number and contents of which may be changed from time to time (therefore this list is not exclusive)) are:

(a) story telling by those with lived experiences of being victims of racism (“The Stories Write Themselves”);

(b) the history and science of racism and its impact on those living in the UK today(“From Then to Now”);

(c) an understanding of what having privilege means and what not having it means (“Check Your Privilege”);

(d) developing the confidence to challenge racism at work (“What Would You Say If…?”);

(e) support to develop actions which lead to racial equity at work (“Activate Your Allyship”).

Page 1

You Make It

Report of the Trustees for the year ended 31 March 2022 (continued)

The trustees confirm that they have referred to the Charity Commission’s guidance on public benefit when reviewing the charity’s aims and objectives and in planning future activities. The objects are achieved through a variety of activities:

Page 2

You Make It

Report of the Trustees for the year ended 31 March 2022 (continued)

A review of our achievements and performance: How our activities delivered public benefit

Our Team worked from home between March 2020 until September 2021. During the period of home working, the team and its partners delivered activities via zoom. During lockdowns we observed and noted even more adverse effects on our women (the large majority of which are from Black and Asian backgrounds) in terms of mental health compared with face to face programmes due to increased isolation, and due to many having close family and friends who were negatively impacted by the virus (racially minoritised population are 4 times more likely to die of it according to research by the Office for National Statistics).

Our online programme, though shorter than the face-to-face one, was more intensive in terms of contact during the week and, since piloting it in in May 2020, we have extended our programme to last 4 months and started working with up to 30 women per cohort. Our last fully online programme was delivered between October 2021 – February 2022, and we have now reverted to a mix of face to face and online activities.

To combat issues with digital accessibility, our team were able to secure laptop donations and funding for WIFI dongles to ensure that women are able to access our service online. We also focus more strongly on mental and physical wellbeing. Over the last year we have completed delivery of 3 iterations of our online programme.

Page 3

You Make It Report of the Trustees for the year ended 31 March 2022 (continued)

Programmes for women

During the 2021-22 financial year, You Make It:

In our previous report we noted a variance in our outputs and outcomes due to COVID-19 and lockdown. We have since been unable to reintroduce our offer of work placements but hope to do this in line with covid safety recommendations in 2022-23 as we resume face to face delivery.

Our programme evaluations across this period nonetheless demonstrate consistent high impact. Through our self-rated surveys, all graduates have shown progress against a range of measures showing strong increases across: size of social network, public speaking skills, confidence levels, social skills, recognition of own skills, ability to promote their skillset online for employment and ability to manage health and wellbeing.

Page 4

You Make It

Report of the Trustees for the year ended 31 March 2022 (continued)

Despite growing concerns around the impact of COVID-19 on the economy and subsequent job opportunities for beneficiaries, of 71 graduates from our three online programmes, 70% have since found employment, set-up as self-employed/freelance, accessed further educational courses/training or begun working on start-ups since taking part in You Make It. (2020-21: 62%)

In 2022-23, we expect to work with up to 90 beneficiaries across 3 programmes and have already launched and begun delivering our first programme of the year which is hybrid in delivery (online and face to face).

Counselling and pastoral care supporting programmes for women

We are pleased to share that during 2021-22 we recruited 2 new therapists and provided:

In 2022-23 we will be increasing the number of counselling sessions offered to beneficiaries who have deep unaddressed trauma. As such beneficiaries will now be able to access 10, 15 or 20 hours of counselling via You Make It. We expect to offer:

Page 5

You Make It

Report of the Trustees for the year ended 31 March 2022 (continued)

Workshops to employers and the general public

The majority of the young women benefiting from our programmes as well as the staff team delivering our programmes have experienced racism throughout their lives, including in learning settings and workplaces. In the wake of the death of George Floyd and the momentum of Black Lives Matter since summer 2020, the team have focused instead on developing and launching You Change It, a new Anti-Racist development programme for employers. This evolved during 2020-21 into a pathway of 5 modules aimed at organisations who want to become active allies in the fight for inclusion.

This training offer for employers promotes the following core aims: to share YMI’s expertise and knowledge in order to improve chances for young people from diverse backgrounds in the workplace and in doing so, to improve workplaces generally. At the same time, the aim is for this strand of our work, with its potential to earn income from businesses, to support the main programmes of work with young women financially.

In 2021-22 You Change It was delivered to 108 individuals from 6 companies across the cultural, creative and charity sectors. Thanks to grant funding from Enterprise Development Programme and Charities Aid Foundation Resilience Fund, the team are focusing on developing the sales pipeline to secure further clients for You Change It in the 2022-23 financial year.

Page 6

You Make It

Report of the Trustees for the year ended 31 March 2022 (continued)

Income generation

Increasing earned sources of income in order to support the core programme for women has continued to be a key aim for 2021-22 in order to make sure that we remain a financially sustainable charity. The successful launch of You Change It in summer 2020, along with the sales of mentor training to companies saw income of £74,355 from these sources in the year (2021-21: £74,279)

During 2021-22, activities were funded by grants from the following funders, and we are incredibly grateful to each one: Access- the Foundation for Social Investment Grant, Charities Aid Foundation Resilience Fund, City Bridge Trust - East End Community Foundation, Duff and Phelps, The Green Hat Foundation The Henry Smith Charity, Mageni Trust, National Lottery Community Fund, Oak Foundation, The Funding Network, and Tudor Trust.

Volunteers and in-kind support

We are also immensely grateful to all of our volunteers who, during our 4 month online empowerment programmes for young women, contribute their time to the programme-related activities as mentors, workshop leaders, delivered wellness activities including yoga classes, and provided literacy support.

The cost of volunteered time is not included in the financial statements however, during the year volunteers provided 1,244 hours of support for our programmes (2020-21: 1,075 hours) with an estimated value of £39,900 (2021:£35,565)

In addition to the contribution of volunteers, pro bono consultancy was provided during the year 2021-22 to further support the development of the You Change It programme of £1,500, Laptops and Computers were provided to women with an aggregate value of £1,600, and free use of venues to allow women to meet face to face for brunch was provided at a value of £2,700. This support, totalled £5,800 (2020-21: £40,133) and is shown in note 3c of the financial statements.

Page 7

You Make It

Report of the Trustees for the year ended 31 March 2022 (continued)

Financial Review

Income

Total income for the year was £399,648 (2021: £371,609).

Principal sources of income came from grants and donations which totalled £324,162 (2021: £295,965) and included £52,654 (2021: £13,031) in general donations from individuals and businesses, many of whom generously give on a regular basis, £5,800 (2021: £40,133) in donated gifts and services, and £265,708 (2021: £242,801) in grants from Trusts and Foundations.

Donations from individuals and businesses was significantly higher than previous years after the very sad loss of one of our programme mentors following a tragic accident. A memorial in her honour recognised her commitment to You Make It and resulted in increased donations to the charity, including one of £14,505 from her employer Vitol and a separate donation from her former employer Reed Smith for £20,000.

Other income comprised: mentors training of £21,605 (2021: £28,675), income from You Change It anti-racism courses of £52,750 (2021: £45,604) and other trading income of £1,131 (2020: £1,365).

Expenditure

Total expenditure for the year ended March 2022 was £278,853 (2021: £288,338) of which the largest areas of spend were staff costs of £207,539 (2021: £182,612) and other direct programme costs of £42,581 (2021: £48,455). General running costs totalled £25,285 (2021: £52,820).

Costs have fallen by £9,485. This is the result of three key changes:

Page 8

You Make It

Report of the Trustees for the year ended 31 March 2022 (continued)

Page 9

You Make It

Report of the Trustees for the year ended 31 March 2022 (continued)

Total funds, reserves policy and going concern

The trustees review the charity’s reserves policy annually and have considered the Charity Commission guidance on reserves in setting this policy. As income sources have changed during the year and the charity has become less reliant on grant funding, the trustees have refined their approach to setting the reserves policy for 2022/23, moving from considering the core costs requirements over a number of months, to a more detailed risk-based approach.

Based on detailed analysis of the financial risks faced by the charity at this time, the trustees consider it necessary to aim for unrestricted undesignated funds of £230,470 (2020-21: £220,500), in order to maintain the charity’s services.

This target represents:

The trustees have considered the risk of sudden unexpected closure or withdrawal of funding, and consider this risk to be very low in the 12 months ahead; therefore targets have not been set for these areas.

The largest part of the reserves target relates to unsecured earned income. Due to the success of the team in developing sources of earned income to reduce YMI’s reliance on grant funding, there will now be a higher reliance on unsecured earned income to meet the budgeted running costs at the start of each financial year. Delays in recruiting a business development manager to focus on raising this source of income mean that the trustees feel that reserves are required to provide stability to the core programme for women as this income strand continues to develop. This will allow for fluctuations in income levels and provide time for sources of income to be further refined where necessary.

Page 10

You Make It Report of the Trustees for the year ended 31 March 2022 (continued)

At 31 March 2022, the level of unrestricted, undesignated reserves held was £238,451 (2021: £199,809) 102% of the agreed target (2021: 91%). Maintaining 100% of the target will be dependent on the success of the You Change It programme during the year ahead and trustees will continue to monitor this.

The Trustees have considered the level of reserves held, secured funding and the charity’s cost base and consider that there are no significant threats to You Make It’s ability to continue as a going concern for the twelve months from the date of approving these accounts. In drawing this conclusion, Trustees have reviewed detailed financial forecasts including expected cashflows through to July 2023. As such the accounts have been prepared on a going concern basis.

Risk Management

In the mid to longer term, there are multiple potential risks arising out of the pandemic, including with grant fundraising and demands on key funders from organisations meeting community needs. That said, because of our strong and consistent track record and since effectively pivoting to deliver our core programme as a modified online emergency Covid-19 intervention, since the coronavirus crisis began and also because of the focus on race equality matters in the aftermath of George Floyd (note a large % of our beneficiaries are women of colour) we have been successful in securing funding for our ongoing work. We continue to identify funding prospects and make new applications on a regular basis, and remain hopeful that the impact of and increased need for our services will give YMI a strong chance of securing the necessary financial support over the coming years.

As already noted, in addition we have created a new earned income stream for You Make It that not only has the potential to reduce our reliance on grants, but also responds to the wider climate of racial inequality. At the time of writing You Make It has already delivered to 10 companies and 2 cohorts of individuals largely through the networks of the CEO to take part in this development programme, and is committed to ongoing marketing and development of this service. Although it is noted that with a recession companies are likely to cut their learning and development budgets, our offer is focused around an area that You Make It believes many employers will be likely to retain focus and resources if at all possible.

Page 11

You Make It Report of the Trustees for the year ended 31 March 2022 (continued)

Trustees monitor progress against fundraised and earned income targets in detail at each board meeting and are informed promptly between meetings of any significant successes or disappointments. With each report, trustees work with the team to consider the level of financial risk in the context of income secured, key prospects in the funder and customer pipelines and current levels of unrestricted reserves. This careful monitoring enables trustees to make appropriate financial decisions regarding commitments to future programmes and activities, in good time.

In terms of continued delivery of services online, to date You Make It has been successful in recruiting women for online programmes and despite some challenges presented by online delivery, it has also generated unexpected and strong benefits and outcomes.

Covid-19 meant that our staff spent some time working from their homes as well as volunteers supporting our programmes. This did not present significant difficulty for the team or our women beneficiaries. We are at the time of writing this report back in our co-working space, and are now delivering hybrid programmes that include online and face to face contact, having learned lessons about what can work during lockdown programmes.

In terms of employment outcomes for women, the economic impact of Covid-19 is set to mean increased unemployment. This is at present hard to predict, but we will respond as best we can to meet the needs of our women, and to date, our evaluation of programmes since Covid-19 still show positive employment outcomes for women.

Page 12

You Make It

Report of the Trustees for the year ended 31 March 2022 (continued)

Structure, Governance and Management

The charity is a registered Charitable Incorporated Organisation (charity number 1158572) and is governed by the terms of its constitution.

Trustees are approved and appointed by the rest of the board on a majority vote basis. Each trustee position is initially for a 2-year term and may be reappointed for further terms of 2 years subject to the needs of the organisation.

Skills gaps at board level are regularly reviewed and ongoing efforts made to reduce gaps. Any new trustee appointed is provided with an induction pack, which includes a Declaration of Interests section and a Skills Audit.

The Chair and CEO of You Make It also induct new trustees into the work of the charity.

All trustees are made aware of relevant organisational policies e.g. Safeguarding, as well as Charity Commission Guidance (all trustees are asked to register for updates from the Charity Commission).

Organisational structure and key management personnel

The CEO reports to the Chair of You Make It, who is responsible for convening board meetings and ensuring the correct governance of the charity with other trustees. The Chair is also responsible for appraising the performance of the CEO and trustees.

At present there are 4 staff: the CEO, a Director of Development, managed and appraised by the CEO, and a Programmes Manager and an Administrator, who report into the Director of Development regarding workflow, but to the CEO for personal development. The culture of management is relatively flat with frequent and open communication between all team members.

The trustees consider the board of trustees and the CEO to be the key management personnel of the charity in charge of directing and controlling the charity and running and operating the charity on a day-to-day basis.

The pay of the charity’s CEO is reviewed annually by the board of trustees. Any changes to staff pay are dealt with in accordance with the Staff Pay Policy which is set by the board of trustees and reviewed annually.

Details of trustee expenses and related party transactions are disclosed in note 20 to the accounts. Trustees are required to disclose all relevant interests and register them with the CEO and, in accordance with the charities policy, withdraw from decisions where a conflict of interest arises.

Page 13

You Make It

Report of the Trustees for the year ended 31 March 2022 (continued)

Reference and administrative information

Charity Name You Make It Charity Registration Number 1158572

Trustees

The Trustees who have served from 1 April 2021 up to the date of approval of these financial statements were as follows:

Muniat Adeyemo Stephanie Grace Collins Fatou Jeng ( from 15 December 2021) Himesh Kar (unit 18 May 2022) Cath Longman-Jones – Treasurer (until 15 December 2021) Atul Mehta - Chair Kate O’Connor Liana Rose Shamash ( from 15 December 2021) Tashan Nicholas (from December 15 2021)

CEO Asma Shah Principal Office You Make It, Shed, 8 Lee Street, London, E8 4DY Independent Examiner Andrew M Wells, 99 Western Road, Lewes, East Sussex, BN7 1RS

Page 14

You Make It Report of the Trustees for the year ended 31 March 2022 (continued)

Trustees' responsibilities in relation to the financial sta ements

The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the charity for that period.

In preparing the financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements.

Approved by the trustees on 8th September 2022 and signed on their behalf by:

Atul Mehta Chair

Page 15

You Make It Independent Examiners Report to the Trustees of You Make It (Charity Number 1158572)

I report to the trustees on my examination of the accounts of the above charity for the year ended 31 March 2022.

Responsibilities and basis of report

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

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.

19/10/2022

Andrew M Wells FMAAT

Counterculture Partnership LLP

Unit 115

Ducie House

Ducie Street

Manchester M1 2JW

Page 16

You Make It

Statement of Financial Activities For the year ended 31 March 2022

Notes
Income from:
Donations and legacies:
Grants and Donations
3
Charitable Activities:
Mentor Training
You Change It
Workshops
Other Trading Activities:
Total Income
Expenditure on:
Staff costs
7
Direct Programme costs
4
Mentor Training
You Change It
Grants
Fundraising costs
General Running costs
5
Other Trading costs
Total Expenditure
6
Net income/(expenditure) for the year
Net movement in funds for the year
Reconciliation of funds
Total funds brought forward
Total funds carried forward
15		 Total
Total
31.03.2022
31.03.2021
£
£
£
£
£
£
88,454
235,708

324,162
58,088
237,877

295,965
21,605
-
21,605
28,675
-

28,675
52,750
-
52,750
45,604
-
45,604
-
-
-

-

-
-
1,131
-
1,131
1,365
-
1,365
Restricted
Funds
Unrestricted
Funds
Unrestricted
Funds
Restricted
Funds
163,940
235,708

399,648
133,732
237,877
371,609
100,289
107,250

207,539
26,941
155,671
182,612
9,823

32,758
42,581
4,969
43,486
48,455
20
380

400
-
1,435
1,435
-
2,730
2,730
117

2,290
2,407
-
300

300
-
200
200
18
-
18
59

-
59
15,148
10,137

25,285
36,952
15,868

52,820
-
-
350
-
350
125,298
153,555
278,853
69,388
218,950
288,338
38,642
82,153
120,795
64,344
18,927
83,271
38,642
82,153
120,795
64,344
18,927
83,271
199,809
94,918
294,727
135,464
75,991
211,455
238,451
177,071
415,522
199,809
94,918
294,727

Page 17

You Make It Balance Sheet As at 31 March 2022

Notes 31.03.2022 31.03.2021
£ £
Fixed Assets
Tangible assets 10 2 647 4 211
Total Fixed Assets 2,647 4,211
Current Asset
Debtors 11 12,393 21,072
Cash at bank and in hand 14 433,681 313,001
Total Current Assets 446,074 334,073
Creditors:
Creditors falling due within one year 12 33,199 43,558
Net Current As ets 412,875 290,515
Total Assets less current liabilities 415,522 294,725
Total Net A ets 415,522 294,725
The Funds of the charit:
Unrestriced income funds
Restriced income funds		 238,451
177,071		 199,809
94,918
Total charit funds 15 415,522 294,727

Approved for issue by the Trustees on 8th September 2022

Atul Mehta - Chair

The notes on pages 19 to 24 form part of these accounts

Page 18

You Make It Notes to the financial statements 31 March 2022

1 Basis of Preparation

1.a Basis of Accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019 and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102.

1.b Legal Form

You Make It is a Charitable Incorporated Organisation registered as a body corporate under Part 11 of the Charities Act 2011. The adress of the organisation is Shed, 8 Lee Street, London, E8 4DY. The charity’s operations and principal activities are included on page 2 of the Trustees’ annual report

1.b Going Concern

The financial statements are prepared on a going concern basis, as the Trustees consider there are no material uncertainties areound the charities ability to continue as a going concern.

The charity is currently holding £238,451 in unrestricted general funds (102% of target reserves), of which £173k is specifically held to mitigate agains the risk of a shortfall in income for the year ahead. In addition, secured income is in place which together with reserves in the event income targets are not met would enable costs to be cover for the 12 months to 8th September. The adequacy of the reserves target is reviewed regularly by the Trustees.

1.c Accounting Policies

The accounts present a true and fair view and the accounting policies adopted are those outlined in note 2. The financial statements are presented in sterling which is the functional currency of the charity rounded to the nearest £

1.d Significant accounting estimates and judegements

Aside from going concern set out in 1b above, there have been no other key estimates or judgements required in dteermining the carrying value of assets and liabilities. There have been no changes have been to accounting estimates during the year.

Page 19

You Make It Notes to the financial statements 31 March 2022

2 Accounting Policies Income

Income is included in the Statement of Financial Activities (Sofa) when:

2.b Grants and donations

Grants and donations are only included in the SOFA when the general income recognition criteria are met, generally upon receipt. (5.10 to 5.12 FRS102 SORP).

Where grants are of a performance related nature, income is only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP).

2.c Government grants

When Government Grants are received these are disclosed separately in the accounts (Note 3b)

Donated services and facilities are included in the SOFA when received at the value of the gift to the charity provided the value of the gift can be measured reliably.

Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA.

Page 20

You Make It Notes to the financial statements 31 March 2022

Expenditure

2.h Governance and support costs

The charity has chosen to report income and expenditure using natural classification rather than an activity based presentation and as such governance and support costs are shown separately in note 7.

Assets and Labilities

2.i Accrued and Deferred income

Accrued income relates to gift aid receivable only.

Deferred Income relates to:

2.j Creditors

The charity has creditors which are measured at settlement amounts less any trade discounts

2.k Bank and Cash

Cash includes cash held in the charity’s bank accounts, petty cash and amounts held by PayPal

Page 21

You Make It Notes to the financial statements 31 March 2022 (continued)

3. Grants and Donations

3. Grants and Donations
Donations from Individuals and Businesses
Grant Income (note 3b)
Donated gift and services (note 3c)		 Total
Total
31.03.2022
31.03.2021
52,654
-
52,654
13,031
30,000
235,708
265,708
242,801
5,800
-
5,800
40,133
Unrestricted
Funds
Restricted
Funds
88,454
£
235,708
£
324,162
£
295,965
£

3b. Grant Income

We were grateful to have received Grant income from the following Trusts and Foundations:

CAF Resilience Fund
Drapers Charitable Trust
East End Community Foundation
Access- the Foundation for Social Investment Grant
The Henry Smith Charity
Mageni Trust
National Lottery Community Fund
Oak Foundation
Tudor Trust
City Bridge Trust- London Community Response Fund -
Wave 2		 Total
Total
31.03.2022
31.03.2021
- 93,612
93,612

-

- -
-
22,296
- -
-

10,000
- 12,096
12,096

7,000

- 20,000
20,000

-
- 60,000
60,000

60,000
5,000 -
5,000

5,000

- 50,000
50,000

113,956

- -
-

6,930
25,000 -
25,000

17,619
Unrestricted
Funds
Restricted
Funds
30,000
£
235,708
£
265,708
£
242,801
£

Other than funding from the National Lottery Community Fund set out above totalling £50,000 (2021:£113,956) no other government grants were received during the year (2021 none).

3c. Donated goods, Facilities and Services

3c. Donated goods, Facilities and Services
Venue Hire
Catering
Self care items for women
Graduation gifts for women
IT equipment for women
Legal Fees
Equipment Provision for women
Consultancy		 Total
Total
31.03.2022
31.03.2021
2,700
-
-
-
-
2,526
-
1,800

-
4,500
-
15,307
1,600
-
1,500
16,000
5,800
£
40,133
£

Donated services and facilities are included in the SOFA when received and are shown at the value the charity would need to pay to secure the same services, items or facilities provided that amount can be measured reliably.

The time given by volunteers is not recognised in the accounts however we are extremely grateful for the 1,244 (2021: 1,075) hours of support provided by them which at estimated market value amounts to £39,900 (2021:£35,565) of donated time.

Page 22

You Make It Notes to the financial statements 31 March 2022 (continued)

4. Direct Programme Costs

4. Direct Programme Costs
Workshop Running Costs
Workshop Refreshments
Participant Travel Costs
Graduation Costs
Pastoral Care and Counselling
DBS Checking
Evaluation Costs
Covid Crisis Support
Equipment provision for women
Recruitment to programmes		 Total
Total
31.03.2022
31.03.2021
11,327
11,949
3,449
-
800
5

420
2,340

20,425
16,329
683
908
1,200
2,100
-
11,586
1,600
2,677
3,239
42,581
£
48,455
£

5. General Running Costs

5. General Running Costs
Governance
Office space
Consultancy
Payroll, Accountancy and Bookkeeping
Stationery, Postage, Telephones and IT costs
Insurance
Meeting Sundries
Legal Fees (Gift in Kind)
Depreciation
Other		 Total
31.03.2022
Total
31.03.2021
632
2,232
9,249
5,280
1,735
16,000
4,744
6,528

2,491
2,931
1,140
978
578
232

-
15,307
2,506
2,522
2,210
810
25,285
£
52,820
£

Page 23

You Make It Notes to the financial statements 31 March 2022 (continued)

6. Net expenditure for the year

6. Net expenditure for the year
This is stated after the following Total Total
31.03.2022 31.03.2021
Depreciation of tangible fixed assets 2,505 2,522
Profit of disposal of IT equipment - -
Independent Examination Fees (including VAT) 720 720
Operating leases
Office space		 9,249
 5,280

7. Analysis of staff costs, trustee renumerations and expenses, and the cost of key management personnel

The staff costs were
Wages and Salaries
Social Security Costs
Pension Costs		 Total
Total
31.03.2022
31.03.2021
153,506
154,568
13,023
12,531
23,874
8,115
190,403
£
175,213
£

One employees received employee benefits (excluding employer pension costs and national insurance) for the reporting period of between £60,000 and £70,000. (2021: none)

You Make It operates a defined contribution pension scheme for all eligible employees. Employer contributions are included in the SOFA within staff costs as an expense for the year ended 31 March 2022 and total £24,087 (2021:£8,115). The employers amount included within creditors at the year end is £nil (2021:£396).

The key management personnel of the charity comprise the Trustees and the CEO. No trustee receives any payment for their services to the charity. The total amount paid to the CEO in the financial year ended 31 March 2022 including Employers National Insurance and Pension was £90,640 (2021: £68,585). This includes a pension adjustment to reflect the Trustee's desire to improve pension provision over the course of the CEO's employment of £11,865.

8. Average headcount

8. Average headcount
Charitable activities Full Time
Part Time
Full Time
Part Time
3.5
0.5
3
1
2021
2022
3.5
0.5
3
1

Page 24

You Make It Notes to the financial statements 31 March 2022 (continued)

9. Taxation

You Make It is a registered charity and as such its income and gains falling within Section 471 to 489 of the Corporation Tax Act 2010 or Section 256 of Taxation of Chargeable Gains Act 1992 are exempt from corporation tax to the extent that they are applied to its charitable objectives.

10. Tangible Fixed Assets

Cost
As at 1 April 2021
Additions
Disposals
As at 31 March 2022
Depreciation
As at 1 April 2021
Charge for the year
Disposals
As at 31 March 2022
Net Book Value
As at 31 March 2021
As at 31 March 2022
11. Debtors
Trade debtors
Prepayments
Gift Aid Accrued Income		 IT and
Office
Equipment
Total
11,165
11,165
941
941
(748)
(748)
11,358
11,358
6,954
6,954
2,505
2,505
(748)
(748)
8,711
8,711
4,211
£
4,211
£
2,647
£
2,647
£
Total
Total
31.03.2022
31.03.2021
11,175
19,208
956
1,719
262
145
12,393
£
21,072
£

Page 25

You Make It Notes to the financial statements 31 March 2022 (continued)

12. Creditors: Amounts falling due within one year
12. Creditors: Amounts falling due within one year
Trade creditors
Accruals
Deferred Income
Taxation and Social Security
13. Deferred Income
Balance at 1 April 2021
Released in the year
Deferred in the year
Balance at 31 March 2022		 Total
Total
31.03.2022
31.03.2021
1,062
3,279
14,451
16,467
11,250
17,700
6,436
6,112
33,199
£
43,558
£
Total
Total
31.03.2022
31.03.2021
17,700
17,194
(17,700)
(17,194)
11,250
17,700
11,250
£
17,700
£

Deferred income comprises income received which relates to Mentor training courses which took place in April 22. In the previous year deferred income related to You Change It courses which were delivered in the first part of 2021/22.

14. Cash at bank and in hand
Cash at bank
Petty Cash
PayPal		 Total
Total
31.03.2022
31.03.2021
433,540
312,885
49
86
93
30
433,681
£
313,001
£

Page 26

You Make It Notes to the financial statements 31 March 2022 (continued)

15. Analysis of charitable funds

15a. Details of charitable funds held and movements during the current reporting period

Unrestricted Funds
Restricted funds
Programme Costs
Pastoral Care and Counselling
Business Development
Resilience Support
Overheads
Ladies' Den Grants
Covid-19 Response funds
Staff Wellness
Total Restricted Funds
Total Funds		 Fund balance
brought
forward
Income
Expenditure
Fund balance
at
31.03.2021
31.03.2022
199,809
163,940
(125,299)
238,450
66,824
141,906

(120,599)
88,131
17,309
5,251
(12,906)
9,654

2,739
60,089
(13,404)
49,424
-
10,000
(235)
9,765
1,243
10,962
(4,047)
8,158
4,184
-

(300)
3,884
844
-
(288)
556

1,775
7,500
(1,775)
7,500

94,919
235,708
(153,554)
177,073
294,727
£
399,648
£
£ (278,853)
415,522
£

15b. Details of charitable funds held and movements during the previous reporting period

Unrestricted Funds
Restricted funds
Programme Costs
CEO Salary
Pastoral Care and Counselling
Business Development
Overheads
Ladies' Den Grants
Covid-19 Response funds
Staff Wellness
Total Restricted Funds
Total Funds		 Fund balance
brought
forward
Income
Expenditure
Fund balance
at
31.03.2020
31.03.2021
135,464
133,732
(69,388)
199,809
39,058
150,625
(122,858)
66,824
-
15,619
(15,619)
-
25,263
45
(7,999)
17,309
3,807
14,041
(15,108)
2,739

3,479
7,266
(9,502)
1,243
4,384
-

(200)
4,184
-
48,282
(47,438)
844
-
2,000
(225)
1,775
75,991
237,877

(218,949)
94,919
211,455
£
371,609
£
£ (288,337)
294,727
£

Page 27

You Make It Notes to the financial statements 31 March 2022 (continued)

16. Analysis of net assets between funds

Fixed Assets
Current Assets
Creditors: amounts falling due within one year		 Unrestricted
Funds
Restricted
Funds
Total Funds
Total Funds
31.03.22
31.03.21
£
£
£
£
2,128
519
2,647
4,211
269,185
176,889
446,074
334,073
(32,864)
(335)
(33,199)
(43,558)
238,449
177,073
415,522
294,726

17. Transactions with trustees and related parties

None of the trustees have been paid any remuneration or received any other benefits in relation to their role with the charity. No trustees have claimed any expenses in relation to their role.

The aggregate amount of donations and grants made by trustees and people connected with them where no conditions are attached is £5,900 (2021: £7,205).

No Trustees (2021:two) provided probono services during the year which are included within donated goods and services:

YMI Trustee Atul Mehta is a Senior Vice president of Publicis Sapient who provided computer equipment to support women on on-line programmes with a value of £2,500 in the previous financial year.

During the previous 2020/21 financial year, YMI Trustees Stephanie Collins, facilitated the provision of £15,307 of probono legal advice which was delivered by another staff member at the firm where Stephanie is also employed.

Page 28

You Make It Notes to the financial statements 31 March 2022 (continued)

18. Obligations under operating leases

The company had future commitments under non-cancellable operating leases as follows:

Payments due in less than 1 year 31.03.2022
31.03.2021
2,112
2,112

Land and Buildings
2,112
£
2,112
£

The charity has an agreement in place for the use of desk space within a shared workspace. The commitment above relates to a 2 month notice period.

Page 29