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2024-03-31-accounts

You Make It

(A Charitable Incorporated Organisation)

Report and Financial Statements Year ended 31 March 2024 Charity Number 1158572

Page 1

Contents Page
Report of the Trustees 3
Independent Examiner’s Report 16
Statement of Financial Activities 17
Balance Sheet 18
Notes to the accounts 19-29

Page 2

You Make It

Report of the Trustees for the year ended 31 March 2024

The trustees present their annual report together with the independently examined financial statements of the charity for the year ended 31 March 2024. 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 largely East London’s young unemployed and underemployed women – in particular those from non-privileged, racially minoritised backgrounds – so that they stand a stronger chance of entering into and retaining meaningful employment. This is done, in particular, but not exclusively, by delivering holistic four month long programmes either in person or online, which provide participants with: (a) information and inspiration though interactive workshops and guest speaker sessions 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 online with live facilitation to the employees of other organisations. 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 3

You Make It

Report of the Trustees for the year ended 31 March 2024 (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 4

You Make It

Report of the Trustees for the year ended 31 March 2024 (continued)

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

In the financial year under review, and in spite of staff recruitment challenges in the sector, YMI continued to demonstrate its resilience and determination to respond to user needs with completion of 2 programmes, and the recruitment for and launch of a 3rd programme which took place between February’24-June’24.

Unfortunately, amid a changed market-place for anti racism allyship training, along with limits on staff capacity , efforts to create a sales pipeline for this programme were not yielding the same results as in the first 18 months of the momentum of Black Lives Matter (2020 onwards). As such, in 2023 YMI decided to pause on delivery of this programme with the intention to fully digitise and make it available to employers in the future. A commercial training provider who have sponsored several of their leadership team to mentor women on our programmes, are investigating with us later this autumn 2024 how they can on a pro bono basis assist with this work.

In terms of organisational development, the charity undertook a review of its board in order to recruit new trustees in autumn 2024. We are pleased that during the financial year we are reporting on, we were also able to recruit a Treasurer with extensive charity finance experience at a senior level.

Additionally, we rethought our staffing structure and during the reporting period, introduced two new permanent posts - a Head of Operations & People and Partnerships Manager.

Page 5

You Make It

Report of the Trustees for the year ended 31 March 2024 (continued)

Programmes for women

During the 2023-24 financial year, You Make It completed 2 programmes, which provided participants with the following:

Several graduates from the 2nd of these two programme were also able to take part in paid or expenses paid work experience placements created through partnerships with a flagship arts museum, a leading advertising agency, and large digital consulting company.

Across these programmes 50 women were recruited, of which 43 completed through to graduation, all were from working class backgrounds, with one from a non racialised community.

Page 6

You Make It

Report of the Trustees for the year ended 31 March 2024 (continued)

The 43 women were supported by YMI who delivered:

Impact data during this period demonstrated strong impact across hard and soft skills development/ outcomes. From surveys at the start and then end of programmes, graduates reported increases to social and professional networks, confidence/ self esteem, social skills and mental wellbeing.

Of 43 graduates from these programmes, data collection shows that around the time of graduation 25 women were able to secure employment.

Page 7

You Make It Report of the Trustees for the year ended 31 March 2024 (continued)

Workshops to employers and the general public

Across this period, 50 employees from across a range of sectors were trained in the art of effective mentoring, and these were then matched up with young women beneficiaries on our programmes. Of the few women recruited onto programmes that withdrew due to securing work early or having to manage incredibly complex personal challenges, their allocated mentors were deferred to the February’24-June’24 programme.

As previously explained, we paused on delivery of our anti racism allyship programme for employers, but our CEO did deliver tailored workshops across this period for a funder and a large group of other third sector organisations to learn from our approach in empowering women from racially minoritised communities; as well as a large arts organisation partner and their venue’s creative/ cultural tenants who sought to better recruit and engage with young underrepresented talent.

Page 8

You Make It

Report of the Trustees for the year ended 31 March 2024 (continued)

Income generation

During 2023-24, activities were funded by grants from the following funders, and we are incredibly grateful to each one: Access- the Foundation for Social Investment Grant, City Bridge Trust, East End Community Foundation- Société Generale UK Foundation Fund, Duff and Phelps, The Green Hat Foundation, The Henry Smith Charity, Mageni Trust, National Lottery Community Fund, Nike, and Tudor Trust.

Volunteers and in-kind support

We are also immensely grateful to all of our volunteers who, during our empowerment programmes for young women, contribute their time to the programme-related activities as mentors, workshop leaders and delivered wellness activities.

The cost of volunteers time is not included in the financial statements however, during the year volunteers provided 710 hours of support for our programmes (2023: 1,244 hours) with an estimated value of £22,800 (2023:£39,900)

In addition to the contribution of volunteers, gifts in kind were provided for the following items: Catering for workshops and graduations with an aggregate value of £7,200, free use of venues to allow women to meet face to face for workshops and graduations was provided at a value of £20,400, self-care items and sports equipment was provided to women with an aggregate value of £2,250 during the year, Equipment provision estimated to be valued at £17,500. This support totalled £47,350 (2023: £28,880) and is shown in note 3c of the financial statements.

Page 9

You Make It

Report of the Trustees for the year ended 31 March 2024 (continued)

Financial Review

Income

Total income for the year was £363,447 (2023: £402,442).

Principal sources of income came from grants and donations which totalled £325,193 (2023: £339,220) and included £6,361 (2023: 27,551) in general donations from individuals and businesses, many of whom generously give on a regular basis, £47,350 (2023: £28,880) in donated gifts and services, and £271,482 (2023: £282,789) in grants from Trusts and Foundations.

Other income comprised: mentors training of £37,510 (2023: £46,792) and other trading income of £744 (2023: £679).

Donation income fell as a result of limited staff capacity in 2023/24 to proactively pursue donations of this kind. You Change it income, which comprised £15,751 in 2023 was not repeated in 2024 due to a strategic shift away from delivering courses of this kind.

Expenditure

Total expenditure for the year ended March 2024 was £409,881 (2023: £365,123) of which the largest areas of spend were staff costs of £270,951 (2023: £234,031) and other direct programme costs of £95,363 (2023: £74,057). General running costs totalled £41,968 (2023: £55,008).

Costs have risen by £44,758. This is the result of three key changes:

Page 10

You Make It

Report of the Trustees for the year ended 31 March 2024 (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. The policy takes a risk based approach to setting reserves rather than focusing on a monthly requirement.

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 £255,690 (2023: £282,990), 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.

A large part of the reserves target relates to unsecured earned income. A change in focus on this income stream and changes to the staff team 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 11

You Make It

Report of the Trustees for the year ended 31 March 2024 (continued)

At 31 March 2024, the level of unrestricted, undesignated reserves held was £300,149 (2023: £311,037) 117% of the agreed target (2023: 110%). Maintaining 100% of the target will be dependent on the success of raising business partnership income 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 January 2026. As such the accounts have been prepared on a going concern basis.

Risk Management

While there have been capacity and wider climate issues which have impacted on the predicted sales of YCI (our anti racism programme as described), we are shortly going in discussion with an employer partner with expertise in e-learning products about support they can offer to digitise YCI.

The Partnerships Manager post is a new one within our organisational structure and this was introduced in summer 2023 with a short term post holder as a way to ensure continued support from employers to sponsor mentors for our programmes with women. We have since recruited a longer term Partnership Manager who will explore additional business development opportunities.

Additionally, the CEO has schedule a series of conversations with funders to help fill gaps across the next 3-5 years.

We have, as described, also recruited for a brand new post - Head of Operations & People, who is able to alleviate pressures on the CEO around staffing and operational issues, in order that the CEO is able to focus more on income generation through additional grants and other sources (eg with close working with the Partnerships Manager).

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 management report, trustees work with the CEO 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.

Page 12

You Make It

Report of the Trustees for the year ended 31 March 2024 (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 3-year term and may be reappointed for further terms of 3 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 December 2024 there are 6 working staff: the CEO, a Head of Operations & People who reports into the CEO, a Partnerships Manager, Programmes & Pastoral Care Manager, and Administrator who are line managed by the HoOP, and Programmes Coordinator who reports into the P&P Manager. Both managers, while being line managed by the HoOP, have dotted lines to the CEO.

The board of trustees and the CEO are 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 2024 (continued)

Reference and administrative information

Charity Name You Make It Charity Registration Number 1158572

Trustees

The Trustees who have served from 1 April 2023 up to the date of approval of these financial statements were as follows:

Muniat Adeyemo (until June 2023) Jenny Beardsley – Treasurer (from March 24) Stephanie Grace Collins (until May 24) Fatou Jeng Atul Mehta – Chair (until October 2023) Tashan Nicholas (until May 24) Kate O’Connor Liana Rose Shamash – Chair

CEO Asma Shah Principal Office You Make It, Shed, 8 Lee Street, London, E8 4DY Independent Examiner Andrew M Wells, Bank Chambers, Main Street, Hawes, North Yorkshire, DL8 3QL

Page 14

You Make It

Report of the Trustees for the year ended 31 March 2024 (continued)

Trustees’ responsibilities in relation to the financial statements

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 20[th] January 2025 and signed on their behalf by:

Liana Shamash 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 2024.

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

The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Association of Accounting Technicians.

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.

Andrew M Wells FMAAT

Counterculture Partnership LLP

Bank Chambers

Main Street, Hawes

North Yorkshire

DL8 3QL

Page 16

You Make It

Statement of Financial Activities For the year ended 31 March 2024

Notes
Income from:
Donations and legacies:
Grants and Donations
3
Charitable Activities:
Mentor Training
You Change It
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
Transfer
Net movement in funds for the year
Reconciliation of funds
Total funds brought forward
Total funds carried forward
15		 Total
Total
31.03.2024
31.03.2023
£
£
£
£
£
£
58,711
266,482
325,193
100,431
238,789
339,220
37,510
-
37,510
46,792
-
46,792
-
-
-
15,751
-
15,751
744
-
744
679
-
679
Restricted
Funds
Unrestricted
Funds
Unrestricted
Funds
Restricted
Funds
96,965
266,482
363,447
163,653
238,789
402,442
40,966
229,985
270,951
46,458
187,573
234,031
52,199
43,164
95,363
31,676
42,381
74,057
-
1,384
1,384
-
61
61
140
-
140
1,918
-
1,918
-
-
-
-
-
-
75
-
75
48
-
48
4,431
37,537
41,968
10,967
44,041
55,008
-
-
-
-
-
97,811
312,070
409,881
91,067
274,056
365,123
(846)
(45,588)
(46,434)
72,586
(35,267)
37,319
(10,042)
10,042
-
-
-
-
(10,888)
(35,546)
(46,434)
72,586
(35,267)
37,319
311,037
141,804
452,841
238,451
177,071
415,522
300,149
106,258
406,407
311,037
141,804
452,841

Page 17

You Make It Balance Sheet As at 31 March 2024

Notes
Fixed Assets
Tangible assets
10
Total Fixed Assets
Current Assets
Debtors
11
Cash at bank and in hand
14
Total Current Assets
Creditors:
Creditors falling due within one year
12
Net Current Assets
Total Assets less current liabilities
Total Net Assets
The Funds of the charity:
Unrestricted income funds
Restricted income funds
Total charity funds
15		 31.03.2024
£
1,868
1,868
8,091
426,270
434,361
29,822
404,539
406,407
406,407
300,150
106,258
406,407
-		 31.03.2023
£
951
951
7,502
457,377
464,879
12,989
451,890
452,841
452,841
311,037
141,804
452,841

Approved for issue by the Trustees on 20th January 2025

Liana Shamash- Chair

The notes on pages 19 to 29 form part of these accounts

Page 18

You Make It Notes to the financial statements 31 March 2024

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.c 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 £300,149 in unrestricted general funds (117% of target reserves), of which £191k 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 January 2026. The adequacy of the reserves target is reviewed regularly by the Trustees.

1.d 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.e Significant accounting estimates and judegements

Page 19

You Make It Notes to the financial statements 31 March 2024 (continued)

2 Accounting Policies Income

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).

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.

2.f Volunteer help

The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.

Page 20

You Make It Notes to the financial statements 31 March 2024 (continued)

Expenditure

2.h Governance and support costs

Assets and Labilities

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 2024 (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
31.03.2024
31.03.2023
6,361
-
6,361
27,551
5,000
266,482
271,482
282,789
47,350
-
47,350
28,880
Unrestricted
Funds
Restricted
Funds
58,711
£
266,482
£
325,193
£
339,220
£

3b. Grant Income

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

CAF Resilience Fund
City Bridge Trust
Englefield Family Trust
Green Hat Foundation
Access- the Foundation for Social Investment Grant
The Henry Smith Charity
Mageni Trust
National Lottery Community Fund
NIKE
Tudor Trust
East End Community Foundation- Societe Generale UK
Foundation Fund		 Total
Total
31.03.2024
31.03.2023
-
-
-
37,871
-
73,125
73,125
-
-
10,500
10,500
10,000
-
-
-
4,000
-
-
-
10,000
-
-
-
25,918
-
30,000
30,000
30,000
5,000
-
5,000
5,000
-
67,884
67,884
50,000
84,973
84,973
85,000
-
-
-
25,000
Unrestricted
Funds
Restricted
Funds
5,000
£
266,482
£
271,482
£
282,789
£

Other than funding from the National Lottery Community Fund set out above totalling £67,884 (2023:£50,000) no other government grants were received during the year (2023 none).

3c. Donated goods, Facilities and Services

3c. Donated goods, Facilities and Services
Venue Hire
Catering
Self care items for women
Equipment Provision for women
Consultancy		 Total
Total
31.03.2024
31.03.2023
20,400
20,080
7,200
4,675
2,250
500
17,500
3,625
-
-
47,350
£
28,880
£

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 710 (2023: 1,244) hours of support provided by them which at estimated market value amounts to £22,800 (2023:£39,900) of donated time.

Page 22

You Make It Notes to the financial statements 31 March 2024 (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
Photography
Equipment provision for women
Recruitment to programmes		 Total
Total
31.03.2024
31.03.2023
31,619
32,867
7,533
4,607
3,510
1,672
6,555
5,105
17,350
19,576
875
629
1,250
3,025
1,431
850
19,750
4,125
5,490
1,601
95,363
£
74,057
£
5. General Running Costs
Governance
Office space
Building Capabilities
Team Building, Training and Wellbeing
Payroll, Accountancy and Bookkeeping
Professional Fees
Stationery, Postage, Telephones and IT costs
Website upgrade
Insurance
Meeting Sundries
Depreciation
Other		 Total
31.03.2024
Total
31.03.2023
2,947
1,666
9,343
13,110
702
9,125
5,321
4,421
5,329
6,008
8,343
-
6,651
6,153
-
9,140
1,280
1,220
145
817
1,407
2,652
500
696
41,968
£
55,008
£

Page 23

You Make It Notes to the financial statements 31 March 2024 (continued)

6. Net expenditure for the year

6. Net expenditure for the year
This is stated after the following Total Total
31.03.2024 31.03.2023
Depreciation of tangible fixed assets 1,407 2,653
Profit of disposal of IT equipment (215) -
Independent Examination Fees (including VAT) 840 840
Operating leases
Office space		 9,343 13,110

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
31.03.2024
31.03.2023
229,789
186,684
19,232
15,527
10,664
9,265
259,685
£
211,476
£

One employees received employee benefits (excluding employer pension costs and national insurance) for the reporting period of between £80,000 and £90,000. (2023: One employee received employee benefits between £70,000 and £80,000)

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 2024 and total £10,664 (2023:£9,265). The employers amount included within creditors at the year end is £1,209 (2023:£nil).

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 2024 including Employers National Insurance and Pension was £99,588 (2023: £95,119).

During the year a termination payment of £5,651 was paid to one employee as part of a settlement agreement

8. Average headcount

8. Average headcount
Charitable activities Full Time
Part Time
Full Time
Part Time
2.7
2.0
4.1
0.6
2023
2024
2.7
2
4.1
0.6

Page 24

You Make It Notes to the financial statements 31 March 2024 (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 2023
Additions
Disposals
As at 31 March 2024
Depreciation
As at 1 April 2023
Charge for the year
Disposals
As at 31 March 2024
Net Book Value
As at 31 March 2023
As at 31 March 2024
11. Debtors
Trade debtors
Prepayments
Gift Aid Accrued Income
VAT debtor		 IT and
Office
Equipment
Total
10,533
10,533
2,324
2,324
(1,010)
(1,010)
11,847
11,847
9,582
9,582
1,407
1,407
(1,010)
(1,010)
9,979
9,979
951
£
951
£
1,868
£
1,868
£
Total
Total
31.03.2024
31.03.2023
5,877
3,600
987
974
1,227
927
-
2,001
8,091
£
7,502
£

Page 25

You Make It Notes to the financial statements 31 March 2024 (continued)

You Make It
Notes to the financial statements 31 March 2024
continued)
12. Creditors: Amounts falling due within one year
Trade creditors
Accruals
Deferred Income
Taxation and Social Security
13. Deferred Income
Balance at 1 April 2023
Released in the year
Deferred in the year
Balance at 31 March 2024		 Total
Total
31.03.2024
31.03.2023
4,437
1,294
10,025
7,521
1,125
-
14,235
4,174
29,822
£
12,989
£
Total
Total
31.03.2024
31.03.2023
-
11,250
-
(11,250)
1,125
-
1,125
£
-
£

Deferred income relates to income received towards You Change It course which took place in April 24

14. Cash at bank and in hand
Cash at bank
Petty Cash
PayPal
Equals Money		 Total
Total
31.03.2024
31.03.2023
424,610
457,180
273
168
920
29
467
-
426,270
£
457,377
£

Page 26

You Make It Notes to the financial statements 31 March 2024 (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		 Restated
Fund balance
brought
forward
Income
Expenditure Transfer
Fund balance
at
31.03.2023
31.03.2024
311,037
96,965
(97,811)
(10,042)
300,149
101,519
229,910
(236,407)
95,022
9,654
8,720
(14,842)
22
3,554
27,935
(37,935)
10,000
0
-
-
2,427
27,852
(22,598)
7,681
-
-
268
(288)
20
0
0
0
141,804
266,482
(312,070)
10,042
106,258
452,841
£
363,447
£
£ (409,881)
£ 0
406,407
£

The £10,000 transfer of funds relates to restricted funds held for business development at the end of March 23 which were reported in the general fund in that year.

15b. Details of charitable funds held and movements during the previous 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 Transfer
Restated
Fund balance
at
31.03.2022
31.03.2023
238,450
163,653
(91,065)
-
311,038
0
88,131
169,326
(157,132)
1,192
101,517
9,654
4,808
(6,075)
1,267
9,654
49,424
37,821
(59,310)
-
27,935
9,765
10,000
(19,765)
-
0
8,158
14,334
(21,488)
1,425
2,429
3,884
-
0
(3,884)
0
556
-
(288)
-
268
7,500
2,500
(10,000)
-
0
177,073
238,789
(274,058)
-
141,804
415,522
£
402,442
£
£ (365,123)
£ 0
452,841
£

The fund balance at the 31 March 2023 was restated as the previous presentation included an administration error where the fund transfers were not included in the year end balance shown. This has been corrected in the restatement.

Page 27

You Make It Notes to the financial statements 31 March 2024 (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
31.03.2024
31.03.2023
£
£
£
£
1,868
-
1,868
951
315,619
118,742
434,361
464,879
(17,338)
(12,484)
(29,822)
(12,989)
300,149
106,258
406,407
452,841

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 £5,974 (2023: £5,480).

One Trustees (2023: two) provided probono services during the year which are included within donated goods and services:

One Trustees, Liana Shamash facilitated free room hire for programme workshops with their employers with a value of £3,000.

Page 28

You Make It Notes to the financial statements 31 March 2024 (continued)

18. Obligations under operating leases

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

The company had future commitments under non-cancellable operating leases as follows:
Payments due in less than 1 year 31.03.2024
31.03.2023
1,320
1,320
Land and Buildings
1,320
£
1,320
£

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