YOUTH ELY HUB CHARITABLE INCORPORATED ORGANISATION (YEH!) REGISTERED CHARITY NO: 1159257
TRUSTEES’ ANNUAL REPORT - 2024
The charity has managed the facility efficiently and effectively for the accounting year. A program of maintenance and refurbishment continues from income and reserve funds. This efficient and low cost management allows for a public building to continue to service the community. This is achieved via the letting of rooms to local charities, community groups, local authority services, and small business, which provides regular income to support the Centre and the project whilst maintaining the building. The financial situation is stable due to marginally increased revenue and careful management.
Overall use of the site still continues to increase, especially with regard to local authorities offering social and community services, including Cambridgeshire County Council, providing various youth and other support services, including as a child contact centre.
Centre 33 continue to occupy the site and has been increasing services to local young people.
The current year has also seen new and increased occupation from a number of specialist groups and charities providing, for example, additional education, specialist counselling for young people and adults etc whilst usage by theatre groups, arts, sports/exercise-based and education-based activity continues to grow or remain stable.
Through the year, the management team have responded to the increasing need for counselling, family, and group services and two rooms have been refurbished to facilitate these specific requirements during the year. Room 6 has been refurbished to be more aesthetically conducive to counselling but which also doubles as a hot-desking facility to support small business. Room 3 has been updated and refitted with many fixtures removed to make the area more usable and to facilitate larger community group meetings etc. Further repurposing of other under-utilised rooms is anticipated for the coming year.
It is hoped that the upgrade of the Main Hall will be completed in the coming year to include the sound and light equipment, stage, and event furniture so that the space is more attractive as a venue. This expenditure was held back as it was felt that the upgrading of other areas of the building took priority, and which also reflected the fact that there were somewhat unexpected large expenditures, eg roof repairs, that took priority.
In the coming year(s), the charity will be pursuing grant funding to refurbish further older and under-utilised areas of the building, volunteer time permitting.
Receipts and Payments for Youth Ely Hub Charitable Incorporated Organisation (Charity No 1159257) for year ending 31st December 2024
Expenditure
Employees
Wages Buildings
Repairs & Maintenance Heating Oil Utilities Misc Petty Cash Rent/Insurance
Grant Expenditure bfwd from 2023 (Building improvements)
Total Expenditure
Income
Rent Room Hire
Refunds/Returned Funds
Total Income
DEFICIT OF RECEIPTS OVER PAYMENTS
Balance Bfwd as Bank Statement incl Exempt Grant Income Plus Income
Less Expenditure
Balance as per Bank Statement
I confirm that these accounts have been checked and approved. The accounts have been reconciled against t statements and the spreadsheets that I was provided.
Joanne Pearson 24th October 2025
£
10459.79
10824.46 7628.03 31109.71 6685.09 780.00 5078.48
9047.99
81613.55
26498.48 31734.50 29.10
58262.08
23351.47
51681.10 58262.08 81613.55 28329.63
he bank
Receipts and Payments for Youth Ely Hub Charitable Incorporated Organisation (Charity No 1159257) for year ending 31st December 2024
Expenditure
Employees
Wages Buildings
Repairs & Maintenance Heating Oil Utilities Misc Petty Cash Rent/Insurance
Grant Expenditure bfwd from 2023 (Building improvements)
Total Expenditure
Income
Rent Room Hire
Refunds/Returned Funds
Total Income
DEFICIT OF RECEIPTS OVER PAYMENTS
Balance Bfwd as Bank Statement incl Exempt Grant Income Plus Income
Less Expenditure
Balance as per Bank Statement
I confirm that these accounts have been checked and approved. The accounts have been reconciled against t statements and the spreadsheets that I was provided.
Joanne Pearson 24th October 2025
£
10459.79
10824.46 7628.03 31109.71 6685.09 780.00 5078.48
9047.99
81613.55
26498.48 31734.50 29.10
58262.08
23351.47
51681.10 58262.08 81613.55 28329.63
he bank