YOUNG URBAN ARTS FOUNDATION 2023 TRUSTEE ANNUAL REPORT rkrylA•N **OUR THANKS & APPRECIATION** **06** ## ## 2023 **06 TABLE OF 07 CONTENTS** **INTRODUCTION - CEO** **01** **08** **TRUSTEE FOREWORD** **02** **09** **VISION, MISSION & VALUES** **03** **10** **2023 AT A GLANCE Locations Map** **04** **11** **05 YUAF PROGRAMS Outreach Media Bus YUAF Pathways YUAF Futures** **12** **OPPORTUNITIES FOR YOUNG PEOPLE Employment Opportunities** **YOUTH CONSULTATIONS** **JOURNEY OF A YOUNG PERSON** **BRAND SUPPORT & RECOGNITION** **PRESS & MEDIA** **LOOKING AHEAD 2024 Strategy Organisational Development Partnership Development Marketing & Youth Outreach** **----- Start of picture text -----**
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## **1. INTRODUCTION - CEO** **----- Start of picture text -----**
Kerry O’Brien
Founder & CEO
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Growing up with an alcoholic and abusive father, I faced a childhood filled with fear, uncertainty, and a lack of direction and purpose. Fortunately, my love for music provided an anchor from a very early age, giving me an outlet for expression. Despite this, my desire to escape a trauma-filled home led me into many potentially dangerous situations. I could be telling a very different story today if not for the trusted adults, music mentors, and a supportive creative community that guided and nurtured me. Thirty years on, I have achieved significant creative success and made a meaningful impact, recognising that my life’s journey has a purpose. Sustaining our charity for almost fifteen years is a tremendous achievement that I am both personally and professionally proud of. We have been agile, persistent, consistent, and resilient, especially in light of the staggering 70% decline in funding for youth services since 2010, with budgets dropping from £1.4 billion to just under £429 million in 2018/19. The authorities were lobbied and advised on the devastating impact this would have on young people, particularly around youth violence, grooming, and the ongoing mental health crisis. I have witnessed firsthand how our programmes have evolved to meet the needs of young people, serving as a vital bridge between their needs and what society lacks. YUAF has become a pillar of support, offering the arts, positive activities, and trusted adults to help young people develop and stay safe. It is, however, unjust that voluntary sector organisations should bear the full responsibility for providing these basic needs. - 90 95% OF YOUNG PEOPLE WE MEET WITH OUR BUS REPORT INCREASED WELLBEING, CONFIDENCE, AND SKILLS ## O’BRIEN KERRY In the past, abundant youth clubs supported young people fairly as they transitioned from childhood to adulthood. Today, those most affected by inequality suffer the most due to severe cuts in preventive and positive diversionary activities. As we continue to navigate the lasting effects of the pandemic and the new challenges posed by the cost of living crisis, our charity remains unwavering in its mission to build a brighter future for young people. Engagement in the arts through youth work serves as a therapeutic tool, helping young people explore their identities, express their emotions, and build confidence. Trusted relationships with adults in these creative settings highlight the importance of the arts in supporting personal and social development. I am delighted that 90-95% of young people we meet with our bus report increased wellbeing, confidence, and skills, simply because they had access to our services. Over the years, I envisioned not only engaging young people in music workshops and positive activities but also deepening our support. Thanks to our funders, our Pathways and YUAF Futures programmes have been a success. This year alone, we supported 103 young people into new opportunities, work experience, paid roles, and most importantly, improved their employability and life skills, which they will carry with them for a lifetime. This annual report showcases the exceptional creativity, care, adaptability, inspiration, and dedication of my team, whom I deeply respect. They have travelled with YUAF and our mission, demonstrating over the past year that we are present for every young person we reach. We gain invaluable insights from our direct interactions and from listening to the stories and voices of young people. These experiences provide us with the knowledge needed to continue shaping our programmes, with young people’s voices at the heart of our decisions. Kerry O’Brien - Founder & CEO ## **2. TRUSTEE FOREWORD** “ **THIS REPORT NOT ONLY DEMONSTRATE THE CHARITY’S PUBLIC BENEFIT BUT ALSO EVIDENCE OF THE TRANSFORMATIVE EFFECT YUAF HAS ON HUNDREDS OF YOUNG PEOPLE WHO REPORT POSITIVE IMPACTS ON THEIR LIVES AND FUTURE CHOICES.** “ As we turn our focus to the coming year, the exceptionally challenging outlook of reduced grant availability and funding partners causes some concern. The number of young people directly affected by recent cuts to public services will prove challenging to all charitable and community-led organisations. As a Board, we must consider and capitalise on new and non-traditional funding sources. Partnerships with corporate entities are developing and strengthening, but there is a direct need to place the charity on a stable and sustainable financial footing if we are to continue to benefit under-served young people who stand to benefit the most from YUAF’s work. 2023 highlighted YUAF’s continued resilience and dedication to providing exceptional services and support for young people across and beyond London. Our members, funders, partners, volunteers and operational teams should take immense pride in their contribution to the charity’s success. The range of key outcome measures and testimonials presented within this report not only demonstrate the charity’s public benefit but also evidence of the transformative effect YUAF has on hundreds of young people who report positive impacts on their lives and future choices. The long-term effect of these outcomes will benefit society in a subtle yet profound manner. On behalf of the Board, I’d like to give particular recognition to all of YUAF’s staff and volunteers who strive for excellence every day. Kerry O’Brien with support from the senior management team continues to lead the organisation with passion and a demonstrable belief in furthering opportunities for young people everywhere. This drive and determination comes with a huge personal emotional investment which is often not celebrated and visibly acknowledged. Please take a second to consider this whilst reading the report. Working across 27 of 32 London boroughs, YUAF’s programmes offer versatility to local challenges in each area. Data captured from our extensive monitoring and evaluation activities provide clear insights into the needs of young people within the metropolis. Utilising this key information in conjunction with consultations with YUAF’s youth ambassadors enables us to evolve and adapt our strategy and services continuously. The adoption of new creative offerings such as podcasting highlights YUAF’s ability to remain relevant and a thought leader in the delivery of youth services. As I move towards my 6th year in my journey with the Young Urban Arts Foundation I am always enthused to be given the opportunity to continue my input. The role as Chair continues to be extremely rewarding, and I hope you are as impressed and inspired as I am, by the stories and feedback received by young people presented in this report. Our Board of Trustees continues to grow and develop as a committed team of complementary individuals, whose collective skills support the delivery of YUAF’s strategic vision and core values. Key recent appointments in finance and public relations not only offer further benefits and support for the existing Board and operational teams but have fostered a sense of cohesion and mentoring for all. Sam Nankivell - Chair, Board of Trustees ## **3. VISION, MISSION & VALUES** ## VISION, MISSION **& 3** VALUES **VISION**[To create a world where every young person is seen, heard and celebrated.] ## SEEN ## CELEBRATED ## HEARD Celebrated; by providing a safe space to be acknowledged and recognised. Seen; to be noticed and Heard; to be given an appreciated for who they opportunity to express are and the gifts they themselves, have a voice and bring to the world. share their unique talents. Empowering young people by strengthening well-being and providing access to opportunities that celebrate creativity, culture, and belonging. ## **MISSION** ## **VALUES** ## REAL ## CREATIVITY We adapt and change to meet the needs of a dynamic world. The journey is never-ending. ## EVOLVE We take untapped potential and transform ideas into unlimited possibilities. Let your mind be free. ## UNITY We got you. We move as one, it’s a family affair. **----- Start of picture text -----**
YUAF successfully delivered workshops to young people from 27 out of
32 London boroughs. Our engagement focuses on areas of the highest
2023 AT A
need around Greater London. As a result, 54% of participants in YUAF
programmes live among the 25% most deprived areas of Greater London
4
GLANCE
ENFIELD
2%
41% PREFER 558
FEMALE NOT TO
TOTAL
SAY BARNET YOUNG
PEOPLE
HARROW
HARINGEY
REDBRIDGE
BRENT
CAMDEN
57%
MALE TOWER
HAMLETS
EALING
89%
GREENWICH
HOUNSLOW BETWEEN
11 - 19
BEXLEY
YEARS OLD
Total impact of YUAF WANDSWORTH
Programmes LEWISHAM
YUAF Outreach Media Bus saw a 14% increase in participants.
Pathways and YUAF Futures programmes experienced 510
significant growth, with an average engagement increase of 38%. BROMLEY UNIQUE
YOUNG
90% Greater Self-Confidence
PEOPLE
92% Improved Wellbeing
95% Gained skills
87% Increased Access to Opportunities
79%
GLOBAL
The above are 34% of (total survey respondents) 200 young
MAJORITY
people self-reporting key outcomes following their participation
in YUAF workshops.
NEWHAM
HACKNEY
WESTMINSTER
BARKING &
DAGENHAM
FULHAM
HAMMERSMITH &
ISLINGTON
CHELSEA
KENSINGTON &
HAVERING
WALTHAMSTOW
FOREST
CROYDEN
SOUTHWARK
LAMBETH
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**5.1 KEY YUAF PROGRAMMES: OUTREACH MEDIA BUS** **----- Start of picture text -----**
KEY YUAF
PROGRAMMES
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## **5** ## **5.1 OUTREACH MEDIA BUS** For us, that means music production, positive lyrical writing, spoken word poetry, vocal recording and singing. Our facilitators and staff aim to build connections with young people, leading to overall increased wellbeing and optimism for the future. Our creative engagement leads to greater self-belief and confidence as a result of skills learned. The information we provide about further opportunities enables young people to have a greater focus on the next steps in their life. Our Outreach Media Bus travels to the hardest-to-reach areas across Greater London where there are high levels of deprivation, yet no services for young people to access. In our programmes, we are not only keeping young people safe while they are having fun, we are also creating a space for them to learn new skills and most importantly, we are giving them an opportunity to process their feelings and emotions through creativity. As a result of YUAF’s engagement, our Outreach Media Bus activities improved the skills, development, and confidence of young people through planning podcasts and songs, and actively participating in group discussions and collaborations. **----- Start of picture text -----**
SEEN
HEARD
CELEBRATED
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**WE SUCCESSFULLY DELIVERED 27 PROJECTS TO** 455 **UNIQUE YOUNG PEOPLE.** **IMPROVEMENTS IN WELLBEING** 95% **Increased optimism about the future** 89% **Increased happiness/wellbeing** ## **GREATER SELF-CONFIDENCE** **----- Start of picture text -----**
89% 84%
Increased Increased
self-belief self-confidence
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93% Increased focus on goals/next steps **IMPROVED ACCESS TO OPPORTUNITIES** 88 % Increased knowledge about opportunities **IMPROVED SKILLS** 87% Increased creative skills/achievements **5.2 KEY YUAF PROGRAMMES: PATHWAYS** ## **5.1 KEY YUAF PROGRAMMES: OUTREACH MEDIA BUS** ## **5.2 PATHWAYS** **NEARLY 90% OF YOUNG PEOPLE ALSO REPORTED INCREASED HAPPINESS AND WELLBEING** “I felt inspired and motivated to complete [projects] started on the bus with the facilitators” YUAF Pathways aims to empower young people, aged 14 - 19 years, to take a lead on shaping their lives and realise opportunities that can further their own personal development and improve their wellbeing. Pathways aims to provide progression and exit routes for them to explore education and training opportunities, creativity and creative careers, as well as access support for their physical and mental health. Additionally, the programme allows them to explore their needs and challenges. “I’m able to express how I feel and my views in a safe space” **PODCASTING SESSIONS IN PARTICULAR ARE CREDITED AMONG YOUNG PEOPLE AS PROVIDING FOR A SAFE, CATHARTIC SPACE TO OFFLOAD.** **YOUNG PEOPLE REPORTED FEELING BETTER AND MORE CONFIDENT AFTER SHARING AND CONTRIBUTING TO THE PODCAST.** “I feel like I got a lot off my mind and chest doing a podcast” ## IN 2023 **YOUNG PEOPLE RECEIVED TAILORED** 48 **ONE-TO-ONE MENTORING SUPPORT.** “I feel listened “I feel I’m able to to, valued, and express how I feel and not judged” my views in safe space” Pathways guided young people toward 72 opportunities within both YUAF projects and our external partners. These included brands and companies in the creative industries and other organisations in the different communities that YUAF works. 213 YOUNG PEOPLE also had access to the Pathways Business Whatsapp, another way of enabling them to learn about new opportunities. The positive impact on wellbeing on the outreach media bus also saw several young people travelling to different locations to partake in as many sessions as possible, with one young person travelling between projects across London. Additionally, 88% of young people reported increased knowledge of activities which led them to receive bespoke support on our Pathways programme, during which further opportunities are signposted to young people based on their identified needs and desires. **5.2 KEY YUAF PROGRAMMES: PATHWAYS** ## **5.2 KEY YUAF PROGRAMMES: PATHWAYS** **----- Start of picture text -----**
IMPROVED ACCESS TO
OPPORTUNITIES
75 % 73% 90%
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Increased Improved Increased knowledge professional industry contacts/ about profile/cv networks opportunities **IMPROVEMENTS IN WELLBEING** 77% Increased happiness and wellbeing 84% Increased optimism about the future **----- Start of picture text -----**
GREATER SELF-
CONFIDENCE
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82%
Increased
self-confidence
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77%
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Increased ambition and
focus on goals/next steps
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76%
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Increased belonging to a
creative community
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**SUPPORTING YOUNG PEOPLE ON A 1-2-1 BASIS BY PROVIDING PERSONAL COACHING AND MENTORING CHECK-IN CALLS AS WELL AS ACCESS TO FURTHER OPPORTUNITIES, PATHWAYS HAS SIGNIFICANTLY IMPROVED YOUNG PEOPLE’S CONFIDENCE TO EXPRESS THEMSELVES CREATIVELY.** “I know more about my voice, I can express myself through music more accurately, I’m learning more about my voice and how it works” **PATHWAYS PARTICIPANTS ALSO LEARNED “I feel more confident TO MAKE MORE because I have more INFORMED knowledge, like DECISIONS knowing about new ABOUT THEIR opportunities, like NEXT STEPS. thinking and choosing what I want to develop next”** “Before I met you (Sense/ Pathways) I was more cynical, people say they can do things but often don’t follow through. It has changed my approach to people because things have come through” **“I feel more confident with body language, I don’t just express myself with words but using body language as well.”** **PATHWAYS SUPPORT HELPED YOUNG PEOPLE IMPROVE THEIR MENTAL WELL BEING, TRANSFORM AND OVERCOME BARRIERS THAT WERE HOLDING THEM BACK FROM MAKING PROGRESS.** **“The new sense of direction, the sense of community and the support”** **OVER 90% OF YOUNG PEOPLE REPORTED AN INCREASE IN INDUSTRY CONTACTS AND AN EXPANDED NETWORK ENABLING THEM TO MAKE CONNECTIONS WITH PEOPLE IN THEIR FIELD OF INTEREST SUPPORTING THEM TO DEVELOP A SENSE OF BELONGING AND FEELINGS OF BEING A PART OF A CREATIVE COMMUNITY.** “Now I am talking to an old friend who is making videos and we are going to make something from scratch, and I don’t think I would have had the confidence to do that” “I learnt it’s not always what you know, it’s also who you know. If you know someone it can help you out even more further” **THE MAJORITY OF PATHWAYS YOUNG PEOPLE REPORTED INCREASED OPTIMISM FOR THE FUTURE.** **IMPROVED SKILLS** Increased creative skills 75% **5.3 KEY YUAF PROGRAMMES: YUAF FUTURES** ## **5.3 KEY YUAF PROGRAMMES: YUAF FUTURES** ## YUAF Futures was specifically created for young people aged 16-19 years from marginalised communities (Global Majority, LGBTQI, disabled youth and those living in poverty) to provide them with opportunities to progress into desirable workplaces and/or help them gain a skill or training that leads to improved possibilities and increases diversity and inclusion in workplaces. While in the programme, young people explore their chosen career choices, discover more about the reality of those fields which enables them to make more informed choices based on experiential learning. 55 young creatives took part in 43 YUAF Futures activities with many going on to focus on creative pursuits at University, gain employment or take part in valuable work experience opportunities. **OVER 96% OF YOUNG PEOPLE ALSO REPORTED INCREASED CREATIVE SKILLS/ ACHIEVEMENTS, ENABLING THEM TO SEEK WORK IN THE CREATIVE INDUSTRIES AND TO SEIZE MORE OPPORTUNITIES.** ‘“I think what helped me most was having industry people talk about the struggles that they’ve been through. I really related to the lady at PRS. She had ADHD like me and she was so successful, that really boosted my confidence. My ADHD makes me feel like I can’t do things sometimes, but because of Futures, I can see what’s possible for people like me” **BY PROVIDING MASTERCLASSES, WORKSHOPS AND WORK EXPERIENCE PLACEMENTS, YUAF FUTURES HAS IMPROVED THE CONFIDENCE AND OPTIMISM FOR THE FUTURE OF YOUNG PEOPLE TO PUSH THEMSELVES OUT OF THEIR COMFORT ZONES AND TO ACHIEVE THEIR GOALS.** meant a lot to me. It came at a really good time too. I didn’t know what I was doing before “I believe opportunities like this are important for as long as it is hard for people to get into the film industry, unless they have family members already in the industry. Organisations such as YUAF help young people to get industry experience and connections to the industry” **86% OF YOUNG PEOPLE REPORTED AN INCREASE IN WORK EXPERIENCE. THIS IMPROVED AS A RESULT OF YUAF FUTURES’ CONTINUED PARTNERSHIP DEVELOPMENT.** **----- Start of picture text -----**
IMPROVED ACCESS TO OPPORTUNITIES
71 % 86 %
80 % 95 %
Increased Improved Increased Increased
knowledge professional industry work
about profile/cv contacts/ experience
opportunities networks
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IMPROVED SKILLS
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## **IMPROVEMENTS IN WELLBEING** **----- Start of picture text -----**
78%
Increased happiness
and wellbeing
81%
Increased optimism
about the future
77%
Increased ability to
seek support/help
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96% Increased creative skills/achievements 87% Improved social/ communication skills **----- Start of picture text -----**
92%
Improved life/
professional skills
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GREATER SELF CONFIDENCE
80% 86%
Increased Increased focus on Increased belonging to
self-belief goals/next steps a creative community
85%
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OUR THANKS & APPRECIATION The FMLY **6** Kent Postcode H.O.P.E. The Music Big Society at Morningside Trust Henry Smith Hub Lottery Community Sterry London Centre Family Charity Foundation Borough of Waltham Forest Paul Arts Generation Council Hamlyn Westfield East Media Foundation Bank Creative Chesterhill Futures Fund Charitable Trust AEI Warner PRS Sony Social Music Kensington Skiddle Shaftesbury Justice Fund Aldridge Young People's Creative Academy Trust Fit for Life The The Story Engagement Youth Hub Crate Collective Services Betsy Foundation Wickers Qube The Pembury Community Young Garfield Reuben AD Centre Hackney Sony Weston Foundation Charitable Music Trust Project Publishing West Ham Zero United UKF Ditto Foundation Management BBC Children in Subtle Need Radio Stoke Doctored Newington StudiosPirate Rinse FM School Sound Kiss FMFM PremisesThe (Kool FM) London Youth Doctored Sound The Kiss FMFM PremisesThe Foundation Space State of for Future Holders Play London Hospitality London & The Quadrant John The Allan Housing Charitable Lyon’s Halley Trust Charity Ashley Family Foundation DJ Mag Clothworkers JP Jacobs Charitable Trust The LIFEbeat National Lottery ## OPPORTUNITIES FOR YOUNG PEOPLE ## **7** **EMPLOYMENT OPPORTUNITIES:** ## **PAID & VOLUNTARY OPPORTUNITIES** **YUAF provided opportunities for 31 work experience placements across 2023. They included:** **17 young people went into paid employment via YUAF Futures, below are some highlights:** **YOUNG HOSTS IN YUAF’S YOUTH-LED** ## **BIG ZUU’S BIG EATS** ## **TV SHOW RUNNER** **WORK EXPERIENCE FOR 5 YOUNG PEOPLE ON TV SERIES FOR WELLKNOWN STREAMING PLATFORM** **FUTURES COHORT** Responsibilities included helping with the production over a 6 week filming period. Show locations varied from the countryside to central London. **9 young people each ran a session with a cohort, teaching them about the skills they learnt previously on YUAF Futures. Sessions included: Podcasting, Content Creation and Music Production.** Whilst participating in a tour of the set, all of the young people were invited back by one of the executive producers to take part in work experience. All young people had the opportunity to choose their 1-day experience in a department of their choice. One of these young people was also invited back for an additional 4 days on set. **GENERATION MEDIA CONTENT CREATOR (FULL TIME ROLE)** **RUNNERS ON MAJOR TV SERIES FOR WELL-KNOWN** ## **KISS FM - 2 WEEK** ## **STREAMING PLATFORM** **PLACEMENT** **Two young people worked as runners on a major TV series and spent several shifts working with and assisting an internationally renowned production team.** A successful application led to an internship at YUAF’s Sony Social Justice FundThe National LotteryH.O.P.E. at Morningside Community CentreYoung HackneyWickersWest Ham ## **PERSPECTIVE PICTURES PRODUCTION COMPANY** Over the 2-week placement, this young person assisted the Kiss FM team and was subsequently asked to return as a freelance content creator. **During a 1 week placement, activities included assisting the Prospective Pictures team on shoots and on pre-production in the office.** ## **KOOL FM / RINSE FM** ## **THE HALLEY COMMUNITY SUPPORT OFFICER** As a result of meeting The Halley team and being put forward for the position via YUAF Futures, this young person now works at the co-working space as a full time member of staff. ## **(RADIO STATION)** **6 young people gained work experience at the station, learning about radio whilst creating content in the studio.** **8. YOUTH CONSULTATIONS** **----- Start of picture text -----**
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## YOUTH CONSULTATIONS Two youth consultations, each composed of six young people, took place to assist with feedback about YUAF’s Pathways programme and impact measurements methods, respectively. ## **PATHWAYS PROGRAMME** The focus group agreed that the Pathways WhatsApp group should remain open, welcoming new cohorts. It was suggested that members could choose to stay, participate, mute, or leave the group at any time. Young people recommended that posters would be used to increase access to Pathways for young people unable to attend bus sessions. Those who reach out through posters or social media would then have an interview to demonstrate their commitment and passion, allowing them to be invited to the Pathways programme. The name “Pathways” will be retained, though “Creative Pathways” is also favoured. As a result of the focus group, the WhatsApp group is operating as young people suggested. Pathways flyers were created and in addition to being on the bus, have been distributed to youth hubs and schools. “Being on the bus got me into the Halley Space project, I released my first song, because of YUAF. Halley, increased happiness. It’s been a ripple effect, going to competitions, I performed in front of 1.4 k people - it was my first big performance. I feel like I actually have hit ALL the outcomes. ## **IMPACT MEASUREMENT** **Participants shared feedback on their personal YUAF journeys. They noted that participating in programmes impacted them by increased confidence, higher aspirations, and improved voice and social skills. Upon reviewing YUAF’s Theory of Change (ToC) and discussing which outcomes resonated with them personally, all participants agreed that they had experienced many of the outcomes. The group also examined evaluation forms for the Outreach Media Bus, Pathways, YUAF Futures, and long-term impact programmes, splitting into breakouts based on the programmes they attended to share insights and reflections on the evaluation tools.** **As a result of the focus group, questions suggested from young people were added to the overall evaluation for the Outreach Media Bus, Pathways, and YUAF Futures.** ## **9. JOURNEY OF A YOUNG PERSON** ## JOURNEY OF A **9** YOUNG PERSON ## **ABOUT JS** ## **ENTRY INTO** ## **YUAF** JS joined the Amplifying Communities sessions in Hackney and expressed interest in all areas of creating music and participating in beats making, music production, lyric writing and vocal recording. JS displayed a general willingness to learn, openness to constructive criticism, and worked well both independently and within a team environment. Over 6 weeks, he grew as an artist and as a person as a result of the projects he attended. 19 year old Black African male from a low socio-economic background. JS expressed an ambition to break out of the circumstances he was born into and shared that violence surrounded him within his community. ## **PATHWAYS** JS signed up to be part of Pathways because of his interest in finding new creative industry opportunities. In addition to expanding on his music, he was interested in networking, marketing, building professional profile, live performances, spoken word and open mics. He told us that his passion and drive was a result of the struggles he faced and his desire to “make it out of his neighbourhood circumstances alive”. ## **YUAF FUTURES** JS joined YUAF Futures Taster Sessions to gain more experience producing music and have free access to studio time. His time in YUAF Futures enabled him to create and release a track called, No Love. ## Available here via YouTube ## **JS’S JOURNEY** I learned a lot, developed a lot as an artist, given the studio time and facilities and used it to the max. I feel that I have definitely been able to reflect and to see the results of putting myself out there. I have grown in confidence, which is giving me courage to make more music, give myself more credit, and release more tracks. I am also keen to explore more in the industry and have more confidence in myself because I can see I’ve been doing well and I never would’ve had that experience if it wasn’t for the programme. (JS, beneficiary) ## BRAND SUPPORT & RECOGNITION In February, Skiddle partnered with YUAF **10** In February, Skiddle partnered with YUAF Futures to feature past cohort members within their Live Industry Panel day, hosted by Laurie Charlesworth and special guest Matt Dodds from DITTO MGMT. Brand engagement and support were key focuses for YUAF. With the funding landscape continually changing, diverse funding efforts remain crucial for YUAF to develop sustainable partnerships. Throughout the year, YUAF gratefully benefited from the fundraising efforts of numerous individuals: YUAF Futures was awarded ‘Project of the Year’ at the Hackney Youth Awards, celebrating the great impact we make for our young people. UKF became a partner for the YUAF Futures music production cohort in March, and provided a UKF co-host to share their knowledge and skills across 6 weeks. YUAF AMBASSADOR, DJ’S, ELLIE PROHAN JOY ANONYMOUS RAVE FOR WALSH AT XOYO YUAF FUTURES WAS AWARDED PROJECT OF THE YEAR In the summer, YUAF was invited to attend the Westfield East Bank Creative Futures partner event where YUAF Youth Ambassador, Isabella, performed, impressing attendees with her original tracks. STATE OF PLAY 100 MILE HOSPITALITY’S PARTICIPANT, BOUNCE CITY CUP CHRIS MACMAN THESE COMBINED EFFORTS RESULTED IN ## £28,760 In the autumn, YUAF took part in the Future You festival at Westfield Stratford City providing DJ and Music workshops. OF DONATIONS, THE HIGHEST AMOUNT RECIEVED BY YUAF FROM INDIVIDUALS **12. LOOKING FORWARD** ## **11 & 12** ## PRESS & MEDIA As we closed the year, our founder, Kerry O’Brien, was interviewed for DJ Ron’s ‘London Something Podcast’. She shared her triumph over adversity and the motivation behind creating the Young Urban Arts Foundation. ## LOOKING AHEAD ## **2024 STRATEGY** Following the implementation of a new board, creation of a 3-year business plan and a new double-decker outreach media bus which increases our capacity to engage with young people, we have established strategic objectives that fall within three themes: ## Board and Governance Development - Kischa Powell joined the Board and will lend expertise to support Marketing and efforts with a focus on Communications. - Subcommittees were established to focus on advancing specific key governance activities within the charity. They include: Safeguarding, Monitoring & Evaluation, Fundraising and Marketing. ## **THE JOURNEY** ## Bus and Outreach Programmes - An upgrade to our CRM tool, Upshot, will enable us to approach evaluations in 2024 with more precision. This includes assigning key strategic objectives to each project and a greater focus on LSOA areas of impact. - YUAF’s school programme will be redesigned in 2024 under the name: YUAF Empowers. ## High Needs Locations - Deliver to areas with an LSOA of <25% which generally have greater gaps in youth services. **SUSTAINABILITY THE JOURNEY CELEBRATING IMPACT** ## **CELEBRATING IMPACT** ## **KEY STRATEGIC OBJECTIVES FOR 2024** ## **SUSTAINABILITY** ## Finance Management - Caroline Birkle, appointed in 2023 as YUAF’s Finance Trustee, will work directly with the CEO to review and refine existing financial accounts, financial planning and forecasting, and support for financial management (including the recruitment of a bookkeeper). ## Expanding Youth Voice - Youth Consultations will continue to inform how the charity impact measurements are collected. - Long-term impact focus groups will enable us to determine how participation in YUAF programmes affects a young person’s overall confidence, well-being and access to opportunities after they exit our programmes. - Young people will be consulted on new projects to ensure our delivery is specific to their needs. ## **12. LOOKING FORWARD** ## **REGISTERED COMPANY NUMBER: 06658860 (England and Wales) REGISTERED CHARITY NUMBER: 1159604** ## **ORGANISATIONAL DEVELOPMENT** ## **PARTNERSHIP DEVELOPMENT** In 2024 we will continue to develop our strategic community partnerships within East London, enabling us to be more embedded into local boroughs, aligning with our business plan objectives. We will also work towards developing stronger fundraising models and partners who will aid in fundraising efforts with an aim to increase the chances of success and ongoing sustainability. ## **REPORT OF THE TRUSTEES AND** ## **MARKETING AND YOUTH OUTREACH** In 2024, we will prioritise leveraging our community partners to enhance outreach for our bus programmes. Outreach will include distributing flyers and sharing social media assets. Due to funding constraints, our outreach efforts are limited, as we lack the budget for digital marketing or local outdoor posters. **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023** **FOR** **THE YOUNG URBAN ARTS FOUNDATION LIMITED** YUAF will also enhance its social media strategy by optimising content for Instagram algorithms, focusing on creating more reels, carousels, and engaging assets to boost interaction and shares. Additionally, we will research relevant influencers who can share YUAF content to further drive engagement. LinkedIn will be our primary platform to launch our Marcomms plan, sharing content that highlights YUAF values, Kerry O’Brien’s story, and educates new followers. We will allocate a modest ad spend to promote two key posts, specifically targeting Programme and Sponsorship Managers in the public sector, to attract new funding partners for YUAF programmes. Our monthly Youth Newsletters will continue providing free opportunities to this audience and we will increase our newsletter communications to partners to encourage paid funding/ partnerships. Raffingers LLP Chartered Certified Accountants 19-20 Bourne Court Southend Road Woodford Green ## **THE YOUNG URBAN ARTS FOUNDATION LIMITED** ## **THE YOUNG URBAN ARTS FOUNDATION LIMITED** **REPORT OF THE TRUSTEES for the year ended 31 December 2023** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of 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). ## **CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 December 2023** ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The Young Urban Arts Foundation Limited (the "Charity") is a company limited by guarantee, incorporated on 29 July 2008 and registered as a charity on 12 December 2014. It has the objects and powers of the charitable company and is governed under its articles of association. The directors of the company (the "Board") are also charity trustees for the purposes of charity law. Prospective Board members are nominated by the Board and elected by members of the organisation at the Annual General Meeting. All members of the Board give their time voluntarily and receive no benefits from the Charity. ## **Page** **Report of the Trustees** 1 to 3 **Independent Examiner's Report** 4 **Statement of Financial Activities** 5 **Balance Sheet** 6 to 7 **Notes to the Financial Statements** 8 to 15 **Detailed Statement of Financial Activities** 16 to 17 **Detailed Statement of Financial Activities** ## **Public benefit** The board referred to the guidance contained in the Charity Commission's general guidance on public benefit, and 'The Advancement of Religion for the Public Benefit' in particular, when reviewing the aims and objectives and in planning the charity's future activities. In particular, the trustees consider how the planned activities will contribute to the aims and objectives set. ## **ACHIEVEMENT AND PERFORMANCE** The Charity generated incoming resources for the year ending 31st December 2023 of £462,066 (2022: £430,508). £417,317 was spent on charitable activities during 2023 (2022: £301,749), the majority of which went towards staff costs and resources to deliver programme activities. The Charity had a surplus of £44,749 (2022: £56,471) during the year. Overall the Charity closed the year with funds carried forward of £338,144 (2022: £293,395), of which £262,853 is unrestricted and the remaining £75,291 restricted. This year-on-year growth has enabled the Charity to continue to expand its vital operations in an exceptionally challenging climate of ongoing statutory cuts to youth services. Over 2023, YUAF's Outreach Media Bus saw a 14% increase in participants, with further significant growth in YUAF's Pathways and Futures programmes, resulting in an average increase in engagement of 38%. Over the course of the year, YUAF successfully delivered workshops to 510 young people in 28 out of 32 London boroughs. The Charity continues to focus on areas of the highest need, with 54% of participants in YUAF's programmes living among the 25% most deprived areas of Greater London. Increasing access to marginalised and minoritised young people continues to be a key strategic focus, with 79% of YUAF's participants identifying as Global Majority heritages. The impact of YUAF's work has been transformative, with 90-95% of young people reporting an increase in their wellbeing, confidence, and skills. 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 Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102). Page 1 **REPORT OF THE TRUSTEES for the year ended 31 December 2023** ## **THE YOUNG URBAN ARTS FOUNDATION LIMITED** ## **THE YOUNG URBAN ARTS FOUNDATION LIMITED** ## **REPORT OF THE TRUSTEES** ## **for the year ended 31 December 2023** ## **FINANCIAL REVIEW** ## **Reserves policy** The trustees have established the level of reserves (that is those funds that are freely available) that the charity ought to have. Reserves are needed to bridge the funding gaps between spending on activities and receiving resources through voluntary income. The trustees consider that the ideal level of reserves as at 31 December 2023 would be three months of resources expended which is approximately £104,000. The free reserves as at 31 December 2023 were £136,929 in surplus. In calculating the reserves, the trustees have excluded from total funds fixed assets and any restricted funds. **REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner** Raffingers LLP Chartered Certified Accountants 19-20 Bourne Court Southend Road Woodford Green Essex IG8 8HD Approved by order of the board of trustees on 25 September 2024 and signed on its behalf by: The trustees are actively pursuing sources of funding in order to ensure that there are sufficient reserves to provide financial stability and flexibility, and are confident that it will be in a position to continue to make grants out of funds raised. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. Mr S Nankivell - Trustee ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Company number** 06658860 (England and Wales) ## **Registered Charity number** 1159604 ## **Registered office** Concordia Community Enterprise Arches 420-421 Burdett Road London E3 4AA ## **Trustees** Ms R Faried Mr A Kamenetzky (appointed 10.5.23) Mr S Karia Mr S Nankivell Miss N Salunke Ms C Birkle (appointed 1.12.23) Mrs K Powell (appointed 1.12.23) Page 3 Page 2 ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE YOUNG URBAN ARTS FOUNDATION LIMITED** ## **THE YOUNG URBAN ARTS FOUNDATION LIMITED** ## **STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 December 2023** ## **Independent examiner's report to the trustees of The Young Urban Arts Foundation Limited ('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2023. ## **Responsibilities and basis of report** As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. ## **Independent examiner's statement** Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies. 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: 1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. |Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
126,132
**Charitable activities**
Charitable activities
69,202
Other trading activities
3
400
Investment income
4
1,111
**Total**
196,845
**EXPENDITURE ON**
Raising funds
15,080
**Charitable activities**
5
Charitable activities
183,774
**Total**
198,854
**NET INCOME/(EXPENDITURE)**
(2,009)
**RECONCILIATION OF FUNDS**
Total funds brought forward
264,862
**TOTAL FUNDS CARRIED FORWARD**
262,853|Restricted
fund
£
265,221
-
-
-
265,221
-
218,463
218,463
46,758
28,533
75,291|2023
Total
funds
£
391,353
69,202
400
1,111
462,066
15,080
402,237
417,317
44,749
293,395
338,144|2022
Total
funds
£
394,897
23,373
12,126
112| |---|---|---|---| ||||430,508| ||||13,007
361,030| ||||374,037| ||||56,471
236,924| ||||293,395| ## **CONTINUING OPERATIONS** Mr Yedidya A Zaiden, ACCA All income and expenditure has arisen from continuing activities. Raffingers LLP Chartered Certified Accountants 19-20 Bourne Court Southend Road Woodford Green Essex IG8 8HD 25 September 2024 The notes form part of these financial statements Page 4 Page 5 ## **THE YOUNG URBAN ARTS FOUNDATION LIMITED** ## **THE YOUNG URBAN ARTS FOUNDATION LIMITED** ## **BALANCE SHEET 31 December 2023** ## **BALANCE SHEET - continued** ## **31 December 2023** |Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
10
125,924
**CURRENT ASSETS**
Debtors
11
20,941
Cash at bank
159,699
180,640
**CREDITORS**
Amounts falling due within one year
12
(11,481)
**NET CURRENT ASSETS**
169,159
**TOTAL ASSETS LESS CURRENT LIABILITIES**
295,083
**CREDITORS**
Amounts falling due after more than one year
13
(32,230)
**NET ASSETS**
262,853
**FUNDS**
15
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
fund
£
-
-
75,291
75,291
-
75,291
75,291
-
75,291|2023
Total
funds
£
125,924
20,941
234,990
255,931
(11,481)
244,450
370,374
(32,230)
338,144
262,853
75,291
338,144|2022
Total
funds
£
147,640
7,560
193,316
200,876
(17,547)
183,329
330,969
(37,574)
293,395
264,862
28,533
293,395| |---|---|---|---| These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 25 September 2024 and were signed on its behalf by: Mr S Nankivell - Trustee The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023. The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The notes form part of these financial statements The notes form part of these financial statements continued... Page 6 Page 7 **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 December 2023** ## **THE YOUNG URBAN ARTS FOUNDATION LIMITED** ## **THE YOUNG URBAN ARTS FOUNDATION LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2023** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, which is a public benefit entity under FRS 102, 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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. ## **Assessment of going concern** The trustees have assessed whether the use of the going concern assumption is appropriate in preparing these accounts. The trustees have made this assessment in respect to a period of one year from the date of approval of these accounts. The trustees of the charity have concluded that there are no material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as going concern. Notwithstanding the net current liabilities position, the trustees are of the opinion that the charity will have sufficient resources to meet its liabilities as they fall due and note that the major loan creditor has offered its continued support. ## **Exemption from preparing cash flow statement** The financial statements do not include a cash flow statement because the charitable company, as a small reporting entity, is exempt from the requirements to prepare such a statement under Charities SORP (FRS 102) Update Bulletin 1, Module 14. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Charitable activities** Charitable activities comprise those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. ## **Governance costs** Governance costs comprise those costs associated with meeting the constitutional and strategic requirements of the charity and the audit fees and costs linked to the strategic management of the charity. ## **Allocation and apportionment of costs** Overhead and support costs relating to charitable activities have been apportioned based on staff time where applicable. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. ## **1. ACCOUNTING POLICIES - continued** ## **Tangible fixed assets** Motor vehicles - 10% on cost Computer equipment - 33% on cost ## **Taxation** The company is considered to pass the tests set out in Sch. 6, para. 1 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the company is potentially exempt from taxation in respect of income or capital gains received within categories covered by Pt. 11, Ch. 3 of the Corporation Tax Act 2010 or s. 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Short term debtors and creditors** Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account. ## **Loans and borrowings** Loans and borrowings are initially recognised at the transaction price including transactions costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. ## **Pension costs and other post-retirement benefits** The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. ## **DONATIONS AND LEGACIES** **2.** |Donations
Grants
The grants received in the year to 31 December 2023 were as follows:|2023
£
53,985
337,368
391,353|2022
£
70,056
324,841
394,897| |---|---|---| |2023||| |£||| |Paul Hamlyn Foundation
30,000||| |John Lyon's Charity
38**,**000
Postcode Society Trust
23 354||| continued... Page 9 continued... Page 8 ## **THE YOUNG URBAN ARTS FOUNDATION LIMITED** ## **THE YOUNG URBAN ARTS FOUNDATION LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 December 2023** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 December 2023** ## **2. DONATIONS AND LEGACIES - continued** |**DONATIONS AND LEGACIES - continued**||| |---|---|---| |The National Lottery||53,370| |Sony Music Social Justice Fund||50,541| |Garfield Weston Foundation||30,000| |The A.D. Charitable Trust||25,000
87,103| |Other grants below £20,000||| |||| ||337,368|| ## **7. NET INCOME/(EXPENDITURE)** Net income/(expenditure) is stated after charging/(crediting): ||2023|2022| |---|---|---| ||£|£| |Depreciation - owned assets|22,240|11,006| There were Independent Examiners fees of £3,600 for the year ended 31 December 2023. ## **3. OTHER TRADING ACTIVITIES** 2023 2022 £ £ Other income 400 12,126 **4. INVESTMENT INCOME** 2023 2022 £ £ Bank account interest 1,111 112 **5. CHARITABLE ACTIVITIES COSTS** Support Direct costs (see Costs note 6) Totals £ £ £ Charitable activities 240,169 162,068 402,237 **6. SUPPORT COSTS** Governance Management Finance costs Totals £ £ £ £ Charitable activities 145,711 284 16,073 162,068 ## **8. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022. ## **STAFF COSTS** ## **9.** |
Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Management, operational and admin
No employees received emoluments in excess of £60,000.||2023
£
109,517
3,560
1,272
114,349
2023
6|2022
£
133,028
7,862
1,428| |---|---|---|---| ||||142,318| ||||2022
6| continued... Page 11 continued... Page 10 ## **THE YOUNG URBAN ARTS FOUNDATION LIMITED** ## **THE YOUNG URBAN ARTS FOUNDATION LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 December 2023** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 December 2023** ## **10. TANGIBLE FIXED ASSETS** |**COST**
At 1 January 2023
Additions
At 31 December 2023
**DEPRECIATION**
At 1 January 2023
Charge for year
At 31 December 2023
**NET BOOK VALUE**
At 31 December 2023
At 31 December 2022
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Other debtors|Motor
Computer
vehicles
equipment
£
£
147,273
25,272
-
524
147,273
25,796
18,177
6,728
13,728
8,512
31,905
15,240
115,368
10,556
129,096
18,544
2023
£
15,941
5,000
~~20,941~~|Totals
£
172,545
524|Totals
£
172,545
524| |---|---|---|---| |||173,069|| |||24,905
22,240|| |||47,145|| |||125,924|| |||147,640|| ||||2022
£
2,350
5,210| ||||~~7,560~~| **11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** ## **12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Bank loans and overdrafts (see note 14)
Trade creditors
Social security and other taxes
Other creditors
Accrued expenses
**13.**
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
Bank loans (see note 14)
**14.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank loans
Amounts falling between one and two years:
Bank loans
Amounts falling due between two and five years:
Bank loans
Amounts falling due in more than five years:
Repayable by instalments:
Bank loans|2023
£
5,251
996
866
768
3,600
11,481
2023
£
32,230
2023
£
5,251
5,251
15,752
11,227|2022
£
5,251
10,191
1,366
739
-| |---|---|---| |||17,547| |||2022
£
37,574| |||2022
£
5,251| |||5,251| |||15,752| |||16,571| continued... continued... Page 13 Page 12 **THE YOUNG URBAN ARTS FOUNDATION LIMITED** ## **THE YOUNG URBAN ARTS FOUNDATION LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 December 2023** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 December 2023** ## **15. MOVEMENT IN FUNDS** |**MOVEMENT IN FUNDS**|||||| |---|---|---|---|---|---| |||||Net|| |||||movement|At| ||||At 1.1.23|in funds|31.12.23| ||||£|£|£| |**Unrestricted funds**|||||| |General fund|||264,862|(2,009)|262,853| |**Restricted funds**|||||| |Restricted funds|||28,533|46,758|75,291| |**TOTAL FUNDS**|||293,395|44,749|338,144| |Net movement in funds, included in the above|are as follows:||||| ||||Incoming|Resources|Movement| ||||resources|expended|in funds| ||||£|£|£| |**Unrestricted funds**|||||| |General fund|||196,845|(198,854)|(2,009)| |**Restricted funds**|||||| |Restricted funds|||265,221|(218,463)|46,758| |**TOTAL FUNDS**|||462,066|(417,317)|44,749| |**Comparatives for movement in funds**|||||| ||||Net|Transfers|| ||||movement|between|At| ||At|1.1.22|in funds|funds|31.12.22| |||£|£|£|£| |**Unrestricted funds**|||||| |General fund|126,435||(75)|138,502|264,862| |**Restricted funds**|||||| |Restricted funds|110,489||56,546|(138,502)|28,533| |**TOTAL FUNDS**|236,924||56,471|-|293,395| ## **15. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Restricted funds
**TOTAL FUNDS**|Incoming
resources
£
180,628
249,880
430,508|Resources
Movement
expended
in funds
£
£
(180,703)
(75)
(193,334)
56,546
(374,037)
56,471| |---|---|---| Unrestricted funds represent funds available to the trustees for the general purposes of the charity. ## **Restricted funds** During the year, the charity received grants to be applied fo specific purposes and projects. ## **16. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 December 2023. continued... Page 14 Page 15 ## **THE YOUNG URBAN ARTS FOUNDATION LIMITED** ## **THE YOUNG URBAN ARTS FOUNDATION LIMITED** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 December 2023** |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Grants
**Other trading activities**
Other income
**Investment income**
Bank account interest
**Charitable activities**
Charitable activities
**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Fundraising trading costs
**Charitable activities**
Charitable activities
**Support costs**
**Management**
Wages
Social security
Pensions
Insurance
Telephone
Postage and stationery
Advertising
Office and administrative cost
Motor vehicles
Computer equipment
Carried forward|2023
£
53,985
337,368
391,353
400
1,111
69,202
462,066
15,080
240,169
109,517
3,560
1,272
476
3,563
1,268
2,119
687
13,727
8,513
144,702|2022
£
70,056
324,841| |---|---|---| |||394,897
12,126
112
23,373| |||430,508
13,007
187,886
133,028
7,862
1,428
846
3,362
702
3,549
-
8,177
2,829
161,783| **DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 December 2023** |**DETAILED STATEMENT OF FINANCIAL ACTIVITIES**
**for the year ended 31 December 2023**||| |---|---|---| |**Management**
Brought forward
Bank loan interest
**Finance**
Bank charges
**Governance costs**
Accountancy and legal fees
Total resources expended
**Net income**|2023
£
144,702
1,009
145,711
284
16,073
417,317
44,749|2022
£
161,783
1,111| |||162,894
321
9,929| |||374,037| |||56,471| This page does not form part of the statutory financial statements This page does not form part of the statutory financial statements Page 16 Page 17