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201
**Charity number: 1158807**
Trustees Report and Financial Statements for the year ended 30 September 2021
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||**YES: YOUTH ENCOURAGEMENT & SOCIALS**|
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|Youth Encouragement
&Sociale|**Contents**|
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YESs
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yes@youthencouragement.co.uk
||Page|
|---|---|
|**Reference and administrative details of the Charity, its Trustees and advisers**|1|
|**Trustees' report**|2 - 6|
|**Independent examiner's report**|7 - 8|
|**Statement of financial activities**|9|
|**Balance sheet**|10|
|**Notes to the financial statements**|11 - 18|
## **YES: YOUTH ENCOURAGEMENT & SOCIALS**
**Reference and administrative details of the Charity, its Trustees and advisers For the Year Ended 30 September 2021**
|**Trustees**|A Neustadt|
|---|---|
||Y Diamant|
||J J Goldklang|
||M Nutovics|
|**Charity registered**
**number**
1158807
**Principal office**
Unit 4 Dominion House
91 Dunsmure Road
London
N16 5HT
**Accountants**
Shears & Partners Ltd
88 Edgware Way
Edgware
HA8 8JS
**Bankers**
Barclays Bank Plc
62 High Rd
London
N22 6DH||
Page 1
## **YES: YOUTH ENCOURAGEMENT & SOCIALS**
## **Trustees' report For the Year Ended 30 September 2021**
The Trustees present their annual report together with the financial statements of the Charity for the 1 October 2020 to 30 September 2021.
## **Objectives and activities**
## **a. Policies and objectives**
The Directors/Trustees stand possessed of the Trust Fund which they hold for the Charity to further the Objects of the Charity, which are specifically restricted to the following:
1) To provide or assist in the provision of facilities in the interests of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their age, infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life.
2) To advance education and training in subjects which develop the capacity and skills of the participants in such a way that they are able to identify and help meet their needs and to participate more fully in society. 3) To relieve financial hardship in such ways as the Directors/Trustees shall determine, in particular, but not exclusively by the provision of grants.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
## **b. Strategies for achieving objectives**
YES: Youth Encouragement & Socials works with disadvantaged inner-city young people aged 11-16. We have years of experience supporting hundreds of young people in reaching their full potential and leading healthy and productive lives.
Our focus is on character building, community responsibility and leadership development.
Page 2
## **YES: YOUTH ENCOURAGEMENT & SOCIALS**
**Trustees' report (continued) For the Year Ended 30 September 2021**
## **Objectives and activities (continued)**
## **c. Achievements and Performance**
## Breakfast Bar Club:
The breakfast club offered 55 disadvantaged young people a nutritious and delicious start to their day and motivated them to get to school on time.
Mentors were also on hand to help young people plan for their school day and to support with any social issues that arose.
Outcomes for this project include:
- Improved physical wellbeing
- Improved concentration resulting in improved educational outcomes
- Improved emotional wellbeing and happiness
The club ran 5 times weekly on school mornings between 7:50-8:50.
## Healthy Homework Hub:
The homework club worked with 55 young people, offering them guidance and support and equipping them with the skills to become independent learners. The club offers a fun, safe space where interactive learning takes place through games, quizzes, peer-led groups and presentations. Outcomes for this project include:
- Improved academic performance and motivation
- Improved social and communication skills
- Improved confidence and self esteem
- Improved emotional and physical wellbeing The club ran 4 times weekly for 2 hours after school.
## Recreational and Social Activities:
YES ran a range of one-off and ongoing out-of-school events including:
- Arts workshops and performances
- Sports events
- Music events
- Educational outings
- Week-ends away Outcomes for these activities include:
- Developed creativity through exploring talent
- Improved confidence and happiness
- Better social skills learned through teamwork and communication Activities were spread out through the year and during school holidays.
## Families Unite:
A weekly social event for fathers/carers and their sons aged 13 to 16. The events included singing, dancing, story telling and even some role playing. They also included a lot of social networking, and they generally had a good time together, improving and cementing relationships so that, unlike previously, stressful atmospheres at home were be reduced or even eliminated, and new positive family relationships emerged and developed. Outcomes for this project include:
- Improved family relationships
- Improved social and communication skills
- Improved confidence and self-esteem Activities ran 2 hours weekly attended by 25 fathers/carers and 25 sons.
Due to Covid restrictions we unfortunately had to cancel Teens Summer Stop (TSS), our annual two weekly summer sleepaway camp.
Page 3
## **YES: YOUTH ENCOURAGEMENT & SOCIALS**
**Trustees' report (continued) For the Year Ended 30 September 2021**
## **Financial review**
## **a. Going concern**
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
## **b. Reserves policy**
The Charity’s reserves are represented primarily in Cash at Bank and in Hand. The Trustees' policy of investing all and any surplus funds is contained within the Charity’s 'Investments Policy'. The Trustees feel comfortable relying on their pool of donors and Applications for Government Grants and they work hard to ensure that the Charity is not dependent on one or two individuals which ensures regular cash flows into the Charity.
The Directors/Trustees aim to hold 3 months of free reserves in order to protect services and ensure adequate cash flow for the organisation's financial needs. Due to Covid we had a significant increase in services and users which resulted in lower reserves. These reserves are being built up now and will soon revert to 3 months of free reserves.
## **c. Investments policy**
The Charity holds a current account. The policy of the Charity is to continue holding this account for its ongoing charitable project expenditure. Given the very low rates of interest available from the High Street Banks the Charity does not waste its resources in trying to invest any surplus funds because they are inevitably only held in the very short term and tying up funds for any extended period of time is simply not going to enable the Charity to achieve its objectives.
## **d. Review of the Charity's Financial Position**
The Charity’s Incoming Resources amounted to £26,427 (2020: £40,334) while its Outgoing Resources amounted to £42,246 (2020: £30,851). The Charity had an in-year deficit of £15,819 by using their reserves (2020: surplus of £9,483).
Page 4
YES: YOUTH ENCRAGEmENT & SCtIALS
For the Year Enthd 30 Septerv*>er 2021
due lo ur ¥urw
Funded by
InrtnshIpt
THE NATIONAL LOTTERY
COMMUNITY FUND
HM Govemment
Page 5
## **YES: YOUTH ENCOURAGEMENT & SOCIALS**
## **Trustees' report (continued) For the Year Ended 30 September 2021**
## **Statement of Trustees' responsibilities**
The Trustees are responsible for preparing the Trustees' report and the 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 & Wales requires the Trustees to prepare financial statements for each financial which give a true and fair view of the state of affairs of the Charity 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 then apply them consistently;
- observe the methods and principles of the Charities SORP (FRS 102);
- make judgments and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Memorandum of Association. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees on 22 July 2022 and signed on their behalf by:
## **J J Goldklang**
Trustee
Page 6
## **YES: YOUTH ENCOURAGEMENT & SOCIALS**
**Independent examiner's report For the Year Ended 30 September 2021**
## **Independent examiner's report to the Trustees of YES: Youth Encouragement & Socials ('the Charity')**
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 30 September 2021.
## **Responsibilities and basis of report**
As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 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 the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
Your attention is drawn to the fact that the Charity has prepared the accounts in accordance 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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.
I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.
Page 7
## **YES: YOUTH ENCOURAGEMENT & SOCIALS**
**Independent examiner's report (continued) For the Year Ended 30 September 2021**
Signed: Stephen Sacks
Dated: 22 July 2022
FCA
Shears & Partners Ltd Chartered Accountants 88 Edgware Way Edgware HA8 8JS
Page 8
## **YES: YOUTH ENCOURAGEMENT & SOCIALS**
## **Statement of financial activities For the Year Ended 30 September 2021**
|**Note**
**Income from:**
Donations
3
Charitable activities
4
**Total income**
**Expenditure on:**
Charitable activities
5
**Total expenditure**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**|**Restricted**
**funds**
**2021**
**£**
**-**
**10,000**
**10,000**
**14,928**
**14,928**
**(4,928)**
**4,928**
**(4,928)**
**-**|**Unrestricted**
**funds**
**2021**
**£**
**13,022**
**3,405**
**16,427**
**27,318**
**27,318**
**(10,891)**
**11,266**
**(10,891)**
**375**|**Total**
**funds**
**2021**
**£**
**13,022**
**13,405**
**26,427**
**42,246**
**42,246**
**(15,819)**
**16,194**
**(15,819)**
**375**|_Total_
_funds_
_2020_
_£_
_20,334_
_20,000_|
|---|---|---|---|---|
|||||_40,334_|
|||||_30,851_|
|||||_30,851_|
|||||_9,483_|
|||||_6,711_
_9,483_|
|||||_16,194_|
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 11 to 18 form part of these financial statements.
Page 9
## **YES: YOUTH ENCOURAGEMENT & SOCIALS**
## **Balance sheet As at 30 September 2021**
|**Note**
**Fixed assets**
Tangible assets
10
**Current assets**
Cash at bank and in hand
Creditors: amounts falling due within one
year
11
**Net current assets**
**Total assets less current liabilities**
**Total net assets**
**Charity funds**
Restricted funds
12
Unrestricted funds
12
**Total funds**|**1,610**
**1,610**
**(1,320)**|**2021**
**£**
**85**
**85**
**290**
**375**
**375**
**-**
**375**
**375**|_18,231_
_18,231_
_(2,150)_|_2020_
_£_
_113_|
|---|---|---|---|---|
|||||_113_
_16,081_|
|||||_16,194_|
||||||
|||||_16,194_|
|||||_4,928_
_11,266_|
||||||
|||||_16,194_|
The financial statements were approved and authorised for issue by the Trustees on 22 July 2022 and signed on their behalf by:
## **J J Goldklang**
(Trustee)
The notes on pages 11 to 18 form part of these financial statements.
Page 10
## **YES: YOUTH ENCOURAGEMENT & SOCIALS**
**Notes to the financial statements For the Year Ended 30 September 2021**
## **1. General information**
YES: Youth Encouragement and Socials is a registered charity, number 1158807, and is constituted under a Memorandum and Articles dated 7 April 2014. Legal and administrative information are shown on page 3 of these accounts.
## **2. Accounting policies**
## **2.1 Basis of preparation of financial statements**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
YES: Youth Encouragement & Socials 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.
## **2.2 Income**
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
## **2.3 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
Page 11
## **YES: YOUTH ENCOURAGEMENT & SOCIALS**
**Notes to the financial statements For the Year Ended 30 September 2021**
## **2. Accounting policies (continued)**
## **2.4 Tangible fixed assets and depreciation**
Tangible fixed assets costing £NIL or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, on a reducing balance basis.
Depreciation is provided on the following basis:
Office equipment - 25%
## **2.5 Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
## **3. Income**
|Donations
Donations|**Unrestricted**
**funds**
**2021**
**£**
13,022
_Unrestricted_
_funds_
_2020_
_£_
_20,334_|**Total**
**funds**
**2021**
**£**
**13,022**|
|---|---|---|
|||_Total_
_funds_
_2020_
_£_
_20,334_|
Page 12
## **YES: YOUTH ENCOURAGEMENT & SOCIALS**
## **Notes to the financial statements For the Year Ended 30 September 2021**
## **4. Income from charitable activities**
|Grants
Grants|**Restricted**
**funds**
**2021**
**£**
10,000|**Unrestricted**
**funds**
**2021**
**£**
3,405
_Restricted_
_funds_
_2020_
_£_
_20,000_|**Total**
**funds**
**2021**
**£**
**13,405**|
|---|---|---|---|
||||_Total_
_funds_
_2020_
_£_
_20,000_|
## **5. Analysis of expenditure on charitable activities**
## **Summary by fund type**
|Staff costs
Supplies
Food
Rent
Travel
Support costs|**Restricted**
**funds**
**2021**
**£**
5,768
-
8,728
-
432
-
14,928|**Unrestricted**
**funds**
**2021**
**£**
2,949
838
18,184
3,543
-
1,804
27,318|**Total**
**funds**
**2021**
**£**
**8,717**
**838**
**26,912**
**3,543**
**432**
**1,804**|
|---|---|---|---|
||||**42,246**|
Page 13
## **YES: YOUTH ENCOURAGEMENT & SOCIALS**
## **Notes to the financial statements For the Year Ended 30 September 2021**
## **5. Analysis of expenditure on charitable activities (continued)**
## **Summary by fund type (continued)**
|Staff costs
Supplies
Food
Rent
Advertising
Travel
Support costs|_Restricted_
_funds_
_2020_
_£_
_840_
_-_
_7,800_
_5,800_
_200_
_432_
_-_
_15,072_|_Unrestricted_
_funds_
_2020_
_£_
_2,342_
_877_
_-_
_10,120_
_-_
_528_
_1,912_
_15,779_|_Total_
_funds_
_2020_
_£_
_3,182_
_877_
_7,800_
_15,920_
_200_
_960_
_1,912_|
|---|---|---|---|
||||_30,851_|
## **6. Analysis of expenditure by activities**
|Staff costs
Supplies
Food
Rent
Travel
Support costs|**Activities**
**undertaken**
**directly**
**2021**
**£**
8,717
838
26,912
3,543
432
-
40,442|**Support**
**costs**
**2021**
**£**
-
-
-
-
-
1,804
1,804|**Total**
**funds**
**2021**
**£**
**8,717**
**838**
**26,912**
**3,543**
**432**
**1,804**|
|---|---|---|---|
||||**42,246**|
Page 14
## **YES: YOUTH ENCOURAGEMENT & SOCIALS**
## **Notes to the financial statements For the Year Ended 30 September 2021**
## **6. Analysis of expenditure by activities (continued)**
|Staff costs
Supplies
Food
Rent
Advertising
Travel
Support costs
**Analysis of support costs**
Depreciation
Independent Examiner fee
Professional fees
Depreciation
Independent Examiner fee
Insurance
Governance costs|_Activities_
_undertaken_
_directly_
_2020_
_£_
_3,182_
_877_
_7,800_
_15,920_
_200_
_960_
_-_
_28,939_|_Support_
_costs_
_2020_
_£_
_-_
_-_
_-_
_-_
_-_
_-_
_1,912_
_1,912_
**Activities**
**2021**
**£**
28
1,320
456
1,804
_Activities_
_2020_
_£_
_38_
_1,260_
_214_
_400_
_1,912_|_Total_
_funds_
_2020_
_£_
_3,182_
_877_
_7,800_
_15,920_
_200_
_960_
_1,912_|
|---|---|---|---|
||||_30,851_|
||||**Total**
**funds**
**2021**
**£**
**28**
**1,320**
**456**|
||||**1,804**|
||||_Total_
_funds_
_2020_
_£_
_38_
_1,260_
_214_
_400_|
||||_1,912_|
Page 15
## **YES: YOUTH ENCOURAGEMENT & SOCIALS**
## **Notes to the financial statements For the Year Ended 30 September 2021**
## **7. Independent examiner's remuneration**
||**2021**|_2020_|
|---|---|---|
||**£**|_£_|
|Fees payable to the Charity's independent examiner for the independent|||
|examination of the Charity's annual accounts|**540**|_540_|
|Fees payable to the Charity's independent examiner in respect of:|||
|All other services not included above|**780**|_720_|
## **8. Staff costs**
|**2021**
**£**
Wages and salaries
**8,717**
**8,717**
The average number of persons employed by the Charity during the year was as follows:
**2021**
**No.**
Employees
**1**|_2020_
_£_
_3,182_|
|---|---|
|||
||_3,182_|
||_2020_
_No._
_1_|
No employee received remuneration amounting to more than £60,000 in either year.
## **9. Trustees' remuneration and expenses**
During the year, no Trustees received any remuneration or other benefits _(2020 - £NIL)_ .
During the year ended 30 September 2021, no Trustee expenses have been incurred _(2020 - £NIL)_ .
Page 16
## **YES: YOUTH ENCOURAGEMENT & SOCIALS**
## **Notes to the financial statements For the Year Ended 30 September 2021**
|**10.**
**Tangible fixed assets**
**Cost or valuation**
At 1 October 2020
At 30 September 2021
**Depreciation**
At 1 October 2020
Charge for the year
At 30 September 2021
**Net book value**
At 30 September 2021
_At 30 September 2020_|**Office**
**equipment**
**£**
**500**|
|---|---|
||**500**|
||**388**
**28**|
||**416**|
||**84**|
||_113_|
## **11. Creditors: Amounts falling due within one year**
|Trade creditors
Accruals and deferred income|**2021**
**£**
**-**
**1,320**
**1,320**|_2020_
_£_
_890_
_1,260_|
|---|---|---|
||||
|||_2,150_|
Page 17
## **YES: YOUTH ENCOURAGEMENT & SOCIALS**
## **Notes to the financial statements For the Year Ended 30 September 2021**
## **12. Statement of funds**
## **Statement of funds - current year**
|**Unrestricted funds**
General Funds - all funds
**Restricted funds**
Restricted Funds - all funds
**Total of funds**|**Balance at 1**
**October**
**2020**
**£**
**11,266**
**4,928**
**16,194**|**Income**
**£**
**16,427**
**10,000**
**26,427**|**Expenditure**
**£**
**(27,318)**
**(14,928)**
**(42,246)**|**Balance at**
**30**
**September**
**2021**
**£**
**375**|
|---|---|---|---|---|
|||||**-**|
|||||**375**|
## **13. Related party transactions**
The Charity has not entered into any related party transaction during the year, nor are there any outstanding balances owing between related parties and the Charity at 30 September 2021.
Page 18