YELLOW BRICK ROAD PROJECTS REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
YELLOW BRICK ROAD PROJEcrs (Company limited by guarantee and not having share capital) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 REFERENCE AND ADMINISTRATIVE INFORMATION STATUS The organisation is a charitable company limited by guarantee, incorporated on 21 August 2014 and registered as a charity with the Charity Commission in England and Wales on 4 February 2015. REGISTERED COMPANY NUMBER: 09185896 REGISTERED CHARITY NUMBER: 1160315 TRUSTEES / DIRECTORS The following served as trustees and are also directors of the charitable company: Susan Churchill (Chair person) Christian Oixon Ivice-chairl David Whewell (Treasurer) David Moulton ITreasurerl Ryan Waters Kimberley Hutton Helen Fox Niyati Joshi Andrew Pilley Milan Baxter (resigned 15 April 2024) lappointed l April 2023, resigned 15 April 2024) lappointed 15 April 2024} (resigned 15 April 20241 (resigned 15 April 20241 (appointed 15 April 2024) (appointed 15 April 2024) {appointed 3 September 20241 (appointed 2 November 2024) PRINCIPAL ADDRESS AND REGISTERED OFFICE: Former WVRS Buildlng Bentall Place Suffolk Road Andover Hampshire SPIO 2JD INDEPENDENT EXAMINERS: Knight Goodhead Limited 7 Bournemouth Road Chandler's Ford Eastleigh Hampshire S053 3DA
YELLOW BRICK ROAD PROJECTS (Company limited by guarantee and not having share capital) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 The trustees and the directors of the charitable company present their report and the accounts of the charity for the year ended 31 March 2024. OBJECTIVES AND ACTIVITIES The charitable objectives of the charity are: To provide education and training in life skills to young people The provision of training to other professionals to enhance their work with young people. The development of partnerships to achieve this purpose. We carry out the following main activities: You Matter,. a project to provlde accredited life skills trainln8. The Legacy Programme: indlvidual mentoring for young people, Growing Together.. support groups for young parents. Maklng Every Contact Count: training for other professionals working with the Charitv beneficiaries. Engaging with young people in the community in pursuit of the charitable objects. STRUCTURE, GOVERNANCE AND MANAGEMENT Structure Yellow Brick Road Projects is a charitable company limited by guarantee. The Charity has a senior leadership team as follows". CEO: Slobhan Down DSL COO: Abi Facey DSL Quality Assurance: Karen Birks Communications: Zach Stephens Coaches and Mentors are managed and supervised by the senior leadership team. Governin document The charity's constitution 15 the Memorandum and Articles of Association adopted on 21 August 2014. Trustees Trustees are elected by the members of the existing board of Trustees following an open selection process, which includes advertising on social media. Interviews are conducted by at least two Trustees against identified selection criteria. The Charity has an induction policy which includes a 'buddy' system with an existing Trustee. Training 15 provided on 'The Essential Trustee, through Getting on Board; access to other training via Centrepoint, Lloyds Foundation and other.
YELLOW BRICK ROAD PROJECTS (Company limited by guarantee and not having share capital) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 Risk mana ement The trustees review the risks that are faced bythe charity and have established a risk processto ensure that they are dynamically monitored and managed. New risks are evaluated when they arise. The principal risk facing the charity is financial risks in relation to the continued squeeze on public finances, with the potential that fewer programmes will be commissioned by local authorities. Princi al Fundin Sources The Charity's principal source of fundin8 are grants, The charity also delivers tra ining In line with its charitable objects. Corporate fundraising from Specsavers has increased this revenue stream. A contract with Public Health England to deliver Making Every Contact Count generated circa £20K this year. Public benefit The Trustees have had regard to the guidance issued by the Charity Commission on public benefit - this 15 included in the Charity's Trustee Handbook Contrlbution b volunteers Volunteers act as Peer Mentors once they have completed the Charity's training pro8ramme. Support for the running of Growing together family sesslons. Fundraising activities are driven by a corporate partnership with Specsavers. Related Parties The Charity is orga nisational pa rtners wlth Centrepoint. It is commissioned by housing associations and Southern Health to deliver programmes. It provides training and work placements for social work students at Solent and Winchester Universities. ACHIEVEMENTS AND PERFORMANCE Review of the ear Big Issue Top 100 Changemakers 2024 CEO Pride of Andover Overall Winner Achievements- engaging young people with support and skills. You Matter- 24 young people achieved You Matter level I The Legacy Project - 34 young people were supported by a mentor Growing Together - 35 families attended the sessions
YELLOW BRICK ROAD PROJEcrs (Company limited by guarantee and not having share capital) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 Through this work we have supported our beneficiaries to learn skills which enable them to feel more confident ind ividuals, better equipped to regulate their feelings, feel less isolated and access other services before thi ngs become a critical stage. We have provided young people with the resources to cope with increased cost of living, these intrude energy saving devices such as slow cookers and draught excluders as well as learning new skills such as cooking. Feedback from the young people we support is positive and informs the way we shape our service5. We have reached Young People through a variety of means. 496 young people attend workshops, activities and resea rch Including.. Drilllng for Gold a workshop for young women to express their feelings in safer ways, this was led by the poet Lady Unchained. Art Blast Ludgershal I, Kayaking with D of E leaders Si mon a nd Ivan Raising Voices in Research a Research Project on the NHS Secure Data Environment MECC eMECC sessions, MECC with Back-to-Basics Training and Networking Events acros5 Hampshire linked to Local Childrens Partnerships, with L5 Social Work students at Southampton Solent University Impact of ACES on Practice with L5 Social Work students at Southampton Solent University Events we've attended alongside young people so that the community can learn from their experiences: A Fest, Andover College Freshers Fair, Social Prescribing Event @Andover Health Hub, Community Safety Event for young people in Romsev By using Home Star an Outcomes Star with all our beneficiaries, we measure the impact of the programmes we deliver. The average improvement in 2 or more of the 10 areas of life show an average improvement of 2 points. Funding has been secured from Nationwide Building Society, Leathersellers Foundatlon, Reaching Communities, Hampshire and Isle of Wight Charitable Foundation, Offlce of Police and Crime Commissioner- Hampshire and OPCC Wiltshire, MMCC Partnerships with Police, TVBC, Chapel Arts Studios, Community Safety, Willow Team, Breakout Youth, Clarion Futures, SNG, Aster, Hampton Trust, Finding Freedom from Abuse, YMCA Fairthorne group, NHS, Public Health En8land, Seetec have enabled the young people we work with to acce55 a range of serrfices. FINANCIAL REVIEW Financial Review The Charity generated income of £305,998 and incurred expenditure of £280,101, resulting in a surplus of £25,897 for the year.
YELLOW BRICK ROAD PROJEcrs (Company limited by guarantee and not having share capital) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 Reserves olic The Trustees review reserve levels regularly and are in the process of agreeing a formal reserves policy. General funds at 31 March 2024 totalled £28,877 (2023: £2,980). STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees are responsible for preparing the report of the trustees and the financial statement5 in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice {UK GAAP). The trustees are required to prepare the report of the trustees and financial statements for each financial period, which give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including income and expenditure for the period. In preparing those financial statements accounts, the directors are required to: select suitable accounting policies and then apply them conslstently; make judgements and estimates that are reasonable and prudent; state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disc105ed and explained in the fina ncial statements; prepare the accounts on the going concern basi5 unless it is inappropriate to presume that the company will continue in operation. The tru5tee5 are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taklng reasonable steps for the prevention and detection of fraud and other irregularities. This report has been prepared in accordance with the small companies regime under section 419121 of the Companies Act 2006, and in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102 {second edition October 20191. Signed and approved on behalf of the trustees on 14 November 2024 Trustee
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF YELLOW BRICK ROAD PROJECTS l port to the charity trustees on my examination of the accounts of the charitable company for the year ended 31 March 2024, which are set out on pages 7 to 13. Respectlve responsibllltles of trustees and examlner As the charivs truslees (and also its directors for the purposes of company lawl you are resp)nsible for the preparation of the accounts in accordance ¥Mth the requirements of the Companies Act 2006 Ithe"2006 Act"). Having satisfied myself that Ihe accounts of the company a not required to be audited under Part 16 of the 20Gfj Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as caffled out under section 145 of the Charities Act 2011 (the '2011 Act'l. In carrying out ffly examination I have followed the Directions given by the Charity Commission under section 14515){bl of the 2011 Act. Independent examlnerfs report Since the company's gross incorne exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Acl. I confimi that l am qualified lo undertake the examination because l am a member of the Ass¢xialion of Chartered Certified Accountants, which is one of the listed bodies. I have completed my examination, I confimi that no matters have come to my attention In connection with the examination giving me cause to believe that.. 111 accounting records were not kept in respect of the company as required by section 386 of the 2006 Act., or 121 the accounts do not accord with those accounting records., or {3) the accounts do not comply with the accounting requirernenls of section 396 of the 2006 Act other than any requirnent that the accounts give a 'true and fail view which is not a matter considered as part of an independent examination,. or 141 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 lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021. 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 lo enable a proper understanding of the accounts lo be reached, J E Harrls FCCA 14 Novèmber 2024 7 Boumemoijlh Road Chandlels Ford Easlleigh Hampshire S053 3DA KNIGHT GOODHEAD LIMITED Reporting Accountants
YELLOW BRICK ROAD PROJECTS (Company limited by guarantee and not having a share capital) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 (Including Income and Expenditure Accounti Unrestricted fund8 Restrlcted funds Total 2024 Total 2023 Note INCOME Donations and legacies Charitable activities Other income 24,835 65,072 142 24,835 281,021 142 4,600 234,849 240 215,949 Total incomo 90,049 215,949 305,998 239,689 EXPENDITURE Charitable acts'vilies 64,152 215,949 280.101 245,686 Total expendltur• 64,152 215,949 280,101 245,686 NET INCOMEI(EXPENDITURE) BEFORE TRANSFERS 25,897 25,897 (5,997) TRANSFERS BETWEEN FUNDS NET INCOMEI(EXPENDITURE) FOR THE YEAR 25,897 25,897 (5,997) FUND BALANCES AT1 APRIL 2023 2,980 2,980 8,977 FUND BALANCES AT 31 MARCH 2024 28,877 28,877 2,980
YELLOW BRICK ROAD PROJECTS Company number: 09185896 (Company limited by guarantee and not having a share capital} BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 CURRENT ASSETS Debtors Cash at bank and in hand 4,008 98,356 102,364 8,788 16,598 25,386 CREDITORS: amounts falling due within one year.. 73,487) (22.406) NET CURRENT ASSETS 28,877 2,980 NET ASSETS 28,877 2,980 FUNDS Unrestricted funds Restricted funds 28,877 2,980 TOTAL FUNDS 28,877 2,980 For the financial year ended 31 March 2024, the company was entitled to exemption from audit under section 477 of the Companies Act 2006., and no noti has been deposited under section 476. The directors acknowledge their responsibilities for ensuring that the company keeps accounting records, which comply with section 386, and preparing accounts, which give a true and fair view of the slate of affairs of the company as at the end of the year and of its incoming resources and application of resources. including its income and expenditure, for the financial year, in accordance wth the requirements of section 394 and 395 and which othemse comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the company, The accounts have been prepared in aGwrdance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Approved by the trustees on 14 November 2024 and signed on their behalf by.. D Moulton Trustee
YELLOW BRICK ROAD PROJECTS (Company limited by guarantee and not having a share c2Pital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES {a) Basi5 of accounting The financial slalemenls have been prepared in accordan th Accounting and Reporting by Charities.. Statement of Recornmended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 (effective 1 January 20191- (Charities SORP IFRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 and the Companies Act 2006. The charity meets the definition of the public benefit entity under FRS 102. Assets and liabilities aTe initially recognised at historical cost or transaction value unless otherwise slated in the relevanl accounting policy note, The accounts have been ppared on the going concem basis. There are no material uncertainties about the charilsls ability to continue. Ib} Fund accounting Unresln'cted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds are unrestricted funds earmarked by the Trustees for particular purposes. Restricted funds are subjected lo restrictions on their expenditure imposed by the donor. Icl Income All income is included in the Slalement of Financial Activities when the charity is entitled lo the income and the amount can be quantified with reasonable accuracy. The following specific wlicies a applied lo particular categories of income.. Donations, legacies and gifts are included in full in the Statemenl of Financial Activities when receivable. Grants, when entitlement Is not Gondilional on the delivery of a specific performance by the Gharily, are recognised when the charity becomes unconditionally entitled to the grant. Investment Income is included when receivable, Incoming sources from charitable activities are accounted for vthen eamed, Resources are deferred when, al the end of an accounting period, they have been received but the charity has yel to become unconditionally entitled lo thern. (dl Expenditure Expenditure is recognised on an accruals basis as a liability is incurred.11 includes any VAT which cannot be fully recovered, and is reported as part of the expenditure lo which it relates.. Costs of generating funds comprise of the costs associated with allracting voluntary income and the costs of fundraising. Charitable expendituff comprises of those costs incurred by the charity in the delivery of its activities and services for its neficiaries. 11 includes both costs that can te allocated diredly to such activitie5 and those costs of an indirect nature necessary lo support them. All costs are allocated between the expenditure categories of the Statement of Financial Activities on a basis designed to reflect the use of the resource. Costs relating lo a particular adivity are allocated directly, others are apportioned between activities in line with their respective use of core staff time.
YELLOW BRICK ROAD PROJECTS (Company limited by guarantee and not having a share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 {continu8d> ACCOUNTING POLICIES (continued) (e) Recognition of liabilities A liability arises as soon as there is a legal or constructive obligation committing the charity to the expenditure as described in FRS 102. io Pension costs Contributions in respect of the company's defined contribution scheme are charged to the Statement of Financial Activities for the year in which they are payable to the scheme. Differen between Gonlribulions payable and contributions adually paid in the year are shown as either accruals or prepayments at the year end, LEGAL STATUS The charity is a company limited by guarantee and has no share capital. The charitable company was incorporated on 21 August 2014 in England and Wales and was registered on 4 February 2015 with the Charity Commission in England and Wales. The charity is a public benefit entity. The registered offioe of the charitable company is Wrvs Building Bentall Place, Suffolk Road, Andover, Hampshire, SP10 2JD. INCOME FROM CHARITABLE ACTIVITIES Analysls by type of activity: Unrestrlcied funds Restricted funds Total 2024 Total 2023 Project delivery Grant funding 22,467 42,605 65,072 22,467 258,554 281,021 67,863 166,986 234,849 215,949 215,949 STAFF COSTS Total 2024 Total 2023 Wages and salaries Social security Pension 168,751 6,702 2,924 178,377 153,273 5,169 2,450 160,892 The average number of ernployees directly employed by the charity during the year was as follows,. 2024 2023 Project slaff 12 12 No employee of the charity received emoluments of more than £60,000 during this year or the prior year. Key management personnel were paid a total of £77,18412023: £81,541) (paid to two employees12023.' two employees). 10
YELLOW BRICK ROAD PROJECTS (Company limited by guarantee and not having a share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 (continued) TOTAL EXPENDITURE Total 2024 Total 2023 Unrestricted Restrlcted COSTS DIRECTLY ALLOCATED TO ACTIVITIES.. Course delivery Other direct expenses Salaries Rent 3,258 74,435 3,828 99,029 1,250 326 3,599 77,693 3,828 124,302 8,895 1,202 3,599 1,579 3,819 15,531 17,150 1,144 1,746 78 18,835 700 85,368 1,568 96,862 14,604 25,273 7,645 876 Travelling Printing and slalionery Telephone Computer and software Premises maintenance Insurance Sundry Bank charges Legal and professional Independent examination 3,763 2,141 3,033 13,160 7,147 1,050 1,928 35 9,683 500 1,579 3,819 6,851 3,948 1,144 1,746 78 7,235 700 8,680 13,202 11,600 64,152 215,949 280,101 245,686 DEBTORS 2024 2023 Trade debtors PpaYrnents and accrued income 2,186 1,822 4,008 8,788 8,788 CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade creditors Taxation and social secun'ty Other creditors Accruals and deferred income 4,276 3,566 685 64,960 73,487 10,356 12,050 22,406 Movement in deferred income.. Balance at start of the year Amounts added in the current year Amounts released from previous year Balan al the end of the year 9,950 63,118 9,950 63,118 103,376 9,950 103,3761 9,950
YELLOW BRICK ROAD PROJECTS {Company limited by guarantee and not having a share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 {continued) MOVEMENT IN FUNDS Balance at 1 April 2023 Income Expendlture Transfers 8alan¢e at between funds 31 March 2024 Re8tricted funds You Matter Legacy Growing Together Wami Spaces Course delivery 113,455 56,061 23,188 9,900 13,345 (113.455) (56,0611 123,188) 19,900) 113,3451 Total restricted fund$ 215,949 1215,949) Unrestricted funds General funds 2,980 90,049 (64.1521 28,877 Total fund8 2,980 305,998 1280,1011 28,877 You Matter A project to provide accredited lrfe skills training. Legacy A project which provides individual mentoring for young people. Growing Togther A project which provides suppjrt groups for young parents. Wami Spaces A project to provide warm spaces in the community. Coursè dellvery Funding lo support delivery of our courses. ANALYSIS OF FUNDS Fund balances as at 31 March 2024 are represented by.. Restricted fund8 UnMtrl¢ted funds Total Current assets Current liabilities 63,118 163,118) 39,246 110,369) 28,877 102,364 {73,4871 28,877 Fund balances as at 31 March 2023 a presented by.. Restricted funds Unrestrlcted funds Total Current assets Current liabilities 9,950 19,950) 15,436 (12,456) 2,980 25,386 122,4C6) 2,980 12
YELLOW BRICK ROAD PROJECTS (Company limited by guarantee and not having a share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 (continued) RELATED PARTY TRANSACTIONS 10 DLfjring this and the prior year, no trustees were reimbursed for exFenses incurred on the charity's behalf. 11 PRIOR YEAR STATEMENT OF FINANCIAL ACTIVITIES (Including Income and Expenditure Account) Unrestrlcted funds Rostrlcted fund$ Total 2023 Note INCOME Donations and1egacies Charitable activities Other income 4,600 166,866 240 4,600 234,849 240 67,983 Totsl Income 171,706 67,983 239,689 EXPENDITURE Charitable activities 85,993 159,693 245,686 Total expenditure 85,993 159,693 245,686 NET (EXPENDITUREYINCOME BEFORE TRANSFERS 85,713 191,710) (5,997) TRANSFERS BETWEEN FUNDS {91,7101 91,710 NET (EXPENDITUREYINCOME FOR THE YEAR (5,997) 15,997) FUND BALANCES AT1 APRIL 2022 8,977 8,977 FUND BALANCES AT 31 MARCH 2023 2,980 2,980 12 PRIOR YEAR FUND BALANCES Balance at 1 April 2022 Income Expenditure Transfers Balance at between funds 31 March 2023 Restrlcted funds Course delivery Total restricted funds 67,983 67,983 (159,6931 1159,6931 91,710 91,710 General funds 8,977 171,706 {85,9931 {91,710} 2,980 Total funds 8,977 239,689 1245,6861 2,980 13