Charlty r•glstratlon nurnber 1183589 IEngland and Wales) YOUNG HARROW FOUNDATION ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
YOUNG HARROW FOUNDATION LEGAL AND ADMINISTRATIVE INFORMATION Trustees Clare Harrington Ichairl Steven Williams Ivi Chairl Vivekananda Rajah Thayalan Sanjay Chandarana Joanna Mourant Samy Benaf8ri Mathura Panchadcharasarnia Giazat Sinmileoluwa Taiwo Aarthi Ravishankar Charity number 1163589 Registered offlee 27 High Street Harrow Middlesex HA13HT Auditor Gravita Audit Oxford LLP First Floor, Park Central 4041 Park End Slre8t Oxford OX1 1JD Bankers Meiro Bank 1- 2 Sl Ann'8 Shopping Centre Harrow HA1 1AS
YOUNG HARROW FOUNDATION CONTENTS Pago Tru5tees' rtrport Statement of Trustees. rgsponsibilitlas 12 Independent auditorf8 report 13-15 statement of financial activities 16 Balance Sheet 17 Statement of cash flow5 18 Notes to the financial statements 19-32
YOUNG HARROW FOUNDATION TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their annual report and financial staletnent5 for the year ended 31 March 2025. The finan(ial ststements have been prep8red in accordancè with the accounting policles 58t out in note 1 to Ihe financial statements and comply wlth the Foundation's governing document, the Charities Act 2011 and 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordan wth the FnancAal Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021. 18ffecb.ve 1 January 20191. Trustees A Board of Trustees govern the Foundation. The following are the trustees who h8ve served throughout the flnanclal P8riLx under review.. Clare Harrington ICh8iTI Steven Williams Iviog Chairl Alan Rajah (Treasurer) Sanjay Chandarana Sarny Benaferi Sinmi Taiwo Mathura Panchadcharasarma Aarthi Ravishank8r Jo Mourant Advls8rs None Stsff We had nine i) roles in this period,. the CEO, COO, Partnerships Manager, Finance and Office Manager, Tr8inin9 Devdoprnent Lead for Lev&1 Up. YHF Grants Lead, Website Development M8nager. Evaluation and Impact Lead. and Children's University Co-ordinator. Publlc Beneflt The trustees have cornplied with their duty lo have due regard to the Charity Comrnission'5 Public Benefit Guidance IPB1 the Public Benefit Requirement, PB2 Public Benefit Running a Charity and PB3 Public Benefit Reporting) when exercising powers or duts'8S to which the guidance is relevant. Our Vision Happier, heathier, 5af8r children and young people w((h more opportunities to reach their full polential. Our Mission Bèlter, sustainable, high quality support services for children and young people in Harrow. Our three key alm$ ond maln areas ol work. Unlocklng Fundlng Increasing Members access to funding Diversifying Fundraising Delivering Grant Giving Funder Collaboration
YOUNG HARROW FOUNDATION TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Communlcatlons and Conn•ctlons Amplifying Gonneclions and the ofyoung people Connecting Members and Partners Empowering Youth Voice Promote and increase access to I1 setvices Support and Oevelop Suppt>rt ourmemb8r8 mor8 funding, training and 80re8$ Mernber one to one engagement Accessing specialist training Increasing capacily Chalr's Ovetvl•w Both the children and young people of Harrow and the commiiment and versatility of our members to support them, is amazing. Through unlocking funding to support our members we indirectly impact ov8r 40,000 children and young people annually across H8rrow, with seThices spanning m8nt81 health, physical aclivity. educalion. ernpbyment readiness, and inclusion support. YHF'S members, the YHF team and a range of partners continue to corne together to ensure we work collaboratively to addiess the ongoing needs and challenges facing children and young pgople in the borough. Th8 YHF t8am continues to deliver gre8t work designed to support 8nd enable our mernbershlp. Grant giving and funding partnerships has increased slgnificantly. Many of these achievements would not have been possible wlhout the committed work of our key partners in the Harrow Cwneil, Public Health, Central and Northwest London NHS Foundation TrLJSt, Education. the voluntary and local business sector. We are grateful lor the ongoing 5UPPOrt and significant Partnership with Harrow School, we have increased our work with both John Lyon and Orfey Farm schools, 8nd w8 look forward to developing these relationships moving forward. The partnerships and support created ihrough th8 work of YHF brings excitement to be part of an organisatson Ih8t creates the Space and momenturn to bring the wder eommunity together to make things happen. Our work 5tr8ngthens Ihe broader 8COSyStetn in which we operat8, ensuring resources and funding reach the right communities. W& have a talented, SoUrCeful and resilient staff team to support our members and rnaw Inltiatives, led by CEO Dan Burke, who continue to improvo serv15 and support to rnembers and, childre and young people across Harrow. Our committed. diverse and locused Trustee Board has continued lo develop and grow this year. My thanks go to the stsff te8tn, my colleagues, partners. and volunteers for all their ctsnlributions. Governance We continue to offer 8 hybrid model for our quarterfy meetlngs, offering face to face and digital attendance. Board meetings have both the CEO and the Chief Operation5 Officer in attendance. All rneelings S seNced and recorded by the Fin8nce and Office Manager. We inwte team members Ihroughout the yoar to ptesent on specific pieces of work. Trustee engagement h8s focused on the opportunlty for enhanced 188ming through th8 Sub-groups and resulted in greatèr understanding and scrutiny. The Chair arld CEO meet regularly lo enaNe support and resilience. We have merged both the lomer HR and People sub groups into these sessions. Our board composib'on has Temained largely cc*nsistenl this y8ar, which has provided valuable stability and continuity in our governance and remains resolute and supportive of our work. They are to be Ihanked, as volunteers lor their time and oommitment. Reglster of Interests The Register of Trustees, interest Is updated annually and remalns a Standing item at the beginning of each board meetsng, wher8 tru5t885 must declare any conflicts of iNterest.
YOUNG HARROW FOUNDATION TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Measuring success., developlng k•y performancè Indlcators. As our work continues to progress, it's vitally importallt that we a able to measure our success and map the progress we have made. The high level of activity is recognition of how much there is lo do to acttieve our strategic and operational outcomes. However, we must ensure that we are performing a5 effectively and efficiently as we can to ensure rnaximum impact wth limited resources and capacity. Numbers alone do not gwe a dear picture of impact or success. The Board discussed and agreed the indicators proposed as a way of reviewing, measuring and monitoring our success. They were included into the scorecard templatelCEO update at each Board rneeling. This has also been reviewed and agreed to wntinue to roll out with our new 2025-28 Strategy and Key Perforrnance Indicators. We also agreed that the scorecard would be annotsted to highlight key achievements, risks and challenges lacing our range of activity. In response to showing our irnpacl more successfully, through the use of case studies and siorylelling we recruited 8 Grant lrnpacl and Evaluation Lead. This ha5 enabled us to effectlvdy ewdence and communicate our progress and impact, both int8rnally and extemally. Finance Our Treasurer holds an overview of thè organisalions fln8nc8 and plays a critical role in leading the Trustees to ensure the fin8ncial health and sustainabilily of the organi5ation. Meeting rTronthly, they review our management accounts and cash flow in detail. providing oversight and challenge where needed. Their work supports informed deci5ion-rnaking and forward planning. The group works closely with the CEO to clarify any issues, identify risks, and agree on actions lo strengthen our financial position. Their scrutiny and guidance are vital lo our accountability and long-term success. Frorn time to time, we implemenl lime limited Task 8nd Finish groups that Truslees can choose to be part ol as appropriate. Pollcles. Révl•w Policies continue to be reviewed prior to the Board meetings with any changes identified befor& approval. We are currently working through the Chair to the wider Board but are currently seeking to identify or recruit a new Trustee to take the leadership on Pdicy review. YHF TEAM We had one memb@r of the team lèave us during this period,. Betty Lin, in November 2024 wth Daisy Davie5 recruited to take over the ro*e ol Children's University Co-ordinator the same month. Daisy moved to 2 days per week in Feb 2025 on a 2 year fixed term contract. Fatima A5if returned to work from matemity188V8 in January 2025. Future fundlng We continue to rely heavily w John Lyon Charity and City Bridge Foundab'on for core funding whilst actively seeking olh8r relevant funding. YHF has continued lo sustain its Grant Giving. Our job remains lo ensure we deliver high quality and measurable outcomes for the long t8rrr and sustainable benefit of our members. YHF Strategy The extensive work to d8V8lop our next 3 year strategy is well undetway and will be launched slightty later than usual as part of our 10th year celebrations towards the end of 2025. We have carried out planning sessions with both the YHF Team and Trustees and held three online sessions designed to give Members a voic8 and an opportunity lo see how the plans for the next three years 8re progressing and if they are aligned with their needs lor supwjrt 8nd development. All sessions have been fruifful and helped shaped the direction ol work rnoving forward.
YOUNG HARROW FOUNDATION TRUSTEES. REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 Our Actlvltles In 202412025 Membershlp YHF is a member ntriC organisalK>n. Through our members, we indirectty impact over 40,CKJO children and young people annually across Harrow, with Services spanning mentsl he8lth, physical activity, education, employrnent readiness, and Inclusion support. Our work strengthens the broader ecosystem in which we operale, ensuring resources and lunding reach the right communities. By working closely with Harrow Council, private schools, corpora¢e donors, trusts, and foundations, we faulitate de8per engagement beiween funders and grassroots organisats'ons. This enhances fundlng acfessibility for our members and ensures k)cal communitles. benefrt from tsilored, high- quality services. In this period, we worked diredly vAth 74 full members. mainly made up of sm811 and medium-siz8d d)arities, with a turnover than less than £1 million, delivering regular, direct services to children and young people In Harrow. We also engaged with 140 assoaate members, which Include larger tharitiès or organis8tK)ns supporting training and family work. This two-lier rnemb8rshlp mo¢Jel and partner involvement allows u5 to focus our support on grassroots organisatiijns while fostering wider sector collaboration. We regularfy connect with 40 schools, 51 Strategic Partners and 22 businesses that support the chlldren and young people's sector. YHF is det8rmined to ensure we have an active and engaged membership. We contlnue to monitor thls through our CRM system, inlomal conversation. network engagement opportunities and through our annual review visiis. YHF WEBSITE This financial year, the website experienced strong and consistent growth across all key metrics coordinated team 8ffort, targeted contont strategy, and the strategic use of ihe Google Ad GranL Growth was driven by regular engagement with rnembers, including mass emai15 highlighting relevant opportunit185 Isu¢h 8s the Level Up Youthwork Programmel, and free local events, 83 w811 as seasonal paign$ 8ncwr8ging organisations to upload offers ahead of school holid8ys alld half-terms. The Google Ad Grant played a key rde, bringing over 12,500 new ugars to the site. Th6 Parents and Carers homepage saw a 96Y. Increase in page view5. and the linked HaW-Tem Actsvibes page recorded a remart(able 1.949°A increase. Ihe result of a We also impl8mented 15 new website developments to enhance functionality and improvè the overall user experience. These induded the launch of the Venue Bank, redesigned layouts for vacancies and activities, 8nd the addition tsf new features su(* as Featured Funding Opportunities, Quotes, arnd dynamic widgets lor activities. m8mbers, and vacancies. Many of these developments have since been adop by other Young People Foundations (YPFSI, helping to maintain high lgvels of satislacDon during our annual website rewew process wilh th&m. Page Views inereased by 110,000. representing 8 45% rise eompared lo tre pVIouS year. Total Users grew from 44,720 to 71,524. a 60°k increase in unique visitors. Project Enquiries, a key indicator ol user engagernent, rose trom 2,853 to 3,745, refleding a 31 % growth In aciive interest.
YOUNG HARROW FOUNDATION TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 P•riod Page ¥lews Total Users Prolect enquiries April 2022- March 2023 143,000 27,881 1,822 ,April 2023- March 2024 245.000 ,44,720 2,853 ',April 2024 - March 2025 355,000 71,524 3,745 YHF have continued to deliver our work across key thre8 key strateglc ar88S.' Unlocklng Funding . Increasing memb•rs a¢¢ess to fundlng. We have unlocked a total of £1,631,273 through.. One to One funding support- we supported Tnembers to secur8 just over £240,000 through supporting members w¢th applications outside of the YHF grants prograrnrnes. Collaboratlon Fundlng Support- £275,424 h83 been unlocked for our mernbers through diff8r8nt partnershlps or collaborations. This has benefited members and includes working with John Lyon s Charity, the NHS, Integrated Care Board and Harrow Counal. YHF Grant G5v5ng. Through a nurnber ol funding streams, we have given out £1.115,848 in YHF Grants during this reports'ng period. Moin grant programm•s Includg.. Harrow Change Makers Round 2 - In this second year of our HCM programme through a successful partnership of lunders. corporate donors and statutory partners, contributing towards grants to mernbers to ensure we continue to addre55 the issues rais8d in our tnost recent need5 analysis 'Thi5 is Harrow., The partnership includes ¢ontributiOn5 from John Lyon's Charity, HaoW Council, Harrow School, Deo DU Foundation and Orley Farm School. We funded 17 members a total of £195.503. Holiday Actlvity and Food Programme (HAFI offering 66 grants totalling £625,980 across 3 holiday programmes funded by the DfE through Harrow Council conlinu8s and is one our rnain grant glvlng sources. In this reporting period we deliverèd Summer and Christmas holiday programmes 2024 and Easter 2025. We continue lo ensure this funding directly benefit5 our members but do fund a small percentage of Private Providers as this helps with numbers and School partnership. We are further able to 5UPPOrt vulnerable farnilies not meèting the DfE criteria of Benefits related FSM through the generous support of the DVS Foundation. Church of England 6 Crown Str•8t Endowment Trust- after a SLJcce3sful fv40 year5 of funding and partnership worklng, we are currently working on a third year of funding for our m8mbers in 2025. ARTS Programme (Year 21 Round 2 of the ARTS funding enabled us to build on Borne ol th8 d81ivery and practices funded in Round 1 with focus on the perforrning arts. The prirnary goal has been to transforrn this narrative by providing local children and teenagers with opportunities to engage in enriching art15tic aclivilies, fostering creativity, building confidence, and supporting personal growth. We funded 9 mernber organi5ations a total of £49,279 . This programTn8 culminated in live performance hosted by Harrow Sd)ool, at the prestigious Ry8n Theatre in September 2024.
YOUNG HARROW FOUNDATION TRUSTEES. REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 YHF have continued to deliver our work across key thr88 key strategic areas: Unlocking Fundlng - Inc9S19 mgmbers acSS lo lundAng. We have unlocked a totsl of £1,956.710 through.. One to One lunding support- we supported rnèmbers to secure just over £70,000 through supporting members wlth applications tside of the YHF gran programmes. Collaboratlon Fundlng Support- £716,500 has been unlocked for Our mernber5 through different partnership5 or collaborations. This has benefited members and includes working with John Lyon's Charily, the NHS, Int8grated Care Board and HarTOW Council. YHF Grant Giving. Through a numb8r of funding streams, we have given out £1,170,210 In YHF Grants drirrfj this Tewrting perfod.
YOUNG HARROW FOUNDATION TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Main grant prograrnrnes include.. Harrow Change Makers Round 2- IN this second year of our HCM programme through a successful partnership of fund8rs, corporate donors and statutory partners, contributing towards grants lo memb8rs to ensure we continue lo address the issue5 raised in our most recent needs analysis 'This is Harrow., The partnership Indudes contributions from John Lyon's Charity, HaTrow School, Deo Duce Foundation and Orley Farm School. We funded 17 members a total of £195,503. Hollday Actlvlty and Food Programme IHAFI offering 66 grants totalling £62S.980 acTOSS 3 holld8y programmes funded by the DfE through Harrow Council continues and is one our main grant giving Sour5. In this reporting peri we deliveied Summer and Christmas holiday programmes 2024 and Easter 2025. We continue lo ensure this funding directly benefits our members but do lunij a small percentage of Private Providers as this helps with numbers and school partnership. We are fvrther able to support vulnerable families not tneeting the DfE critena of Benefits r8lated FSM through the generous support ol the DVS Foundation. Church of England 6 Crown Street Endowrnent Trust- after a successful two years of lundlng alld partnership working, we are currently working on a third year of funding lor our members in 2025. ARTS Programm• IY•ar 21 Round 2 of the ARTS fuTTrding gnabled us to build on some of the delivery and practices funded in Round 1 wllh a focus on the performing arts. The primary goal has been to transform this narrative by providin9 local children and teenagers with opportunities to engage in ennching artistic activitie5, fostering creats'vity, building confidence. and supporting personal growth. We funded 9 member organisations a total of £49,279 This programme cultnin8ted in a liv8 perforrnance h05ted by Harrow School, at the prestigious Ryan Theatre in September 2024. Sttort BREAKS Pilot This Pilot Programm6, joinuy fun¢Jed through Harrow Council. DVS Found8ts'on and Harrow School, we were able to engage MAGNA and several YHF member charities to partner with Shaftesbury Schod to create safe and structured Spaces lor disabled and neurodiverse young people to thrive. From cooking and fitness to creats.ve expression and leaming to skate, 36 young people aged 12-18 to develop life skills, build friendships. and increase ndependence. Th15 pilot work has helped us to shape future programmes and seek ways in which to develop this work furth8r. We are CUTrently working with John Lyon's Charty and Harrow Council to develop a new model ol working for Harrow to roll out over the next 5 years. Disordered Eating Grants Through our partneTship wsth CNWL (Central Northwest London NHS Foundation Trust) we secured £74.000 to support 3 member organ15ations to deliver 5UPPOrt progralnmes on Disordered Eating and relat8d rnenlal health challenges, in sthools, colleg8s and the comrnunity. We supported a further 4 rnembers organi5ations to develop young people led campaigns on the subject to highlight the chaIng8S and signs and to help sign post young People to seNc85 and support kJc811y. Young Adult Mental Health Our continue partnership with CNWL and trust buitt through mernbers successful d81iv8ry of programmes to support young people secured a third year of funding totallng £40.000 lor two member organi58tions. This work focuses on delivering support to young people referred through CAMHS or in need of support in addressing their mental health challenge5.
YOUNG HARROW FOUNDATION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Demonstrating IMPACT We continu8 to deliver comprehensive IMPACT R8POrts on all funded programmes, highlighting the Indible mernbers who continue to create wide r8nging, innovative programm88. The reposts highlight their positive impact on the lives of thousands of children and young people locally. For more in-depth information and to see all our reports in full please the Young Harrow Foundation website undw'About us., Connect-Amplifying connects'ons and the voice of young people Chlldr•n's Unlverslty Children's University has been progressing well during tht5 year with three schools on track lor graduation in July 2025. We have engaged a nuThber of member groups, IallY based charities. to deliver enrichment progr8mrnes in schools for the children taking part. This prograrnm8 15 not only a great opportunity for children who have less opportunib'8s io accèss exlrathcurricular activib'gs bLJt In strengthening our partnership working with local Sch18 across Harrow. Youth Volce Farnily Hubs Collaborating with Harrow Counal to roll out and 8mbed the Family Hubs N&twork, including the Team Around the Farnily rnodel, the Family Front Door approach, and the integration of Chlldren and Young People's voices throughout the work. Apprenticeships Ixciiel Two local partners wer8 comrnissioned, Ignite Youth and My Yard, to lead youth-led researth on apprenticeships. A report was produced with flndings and recommendations to Inform Harrow Council's Xeite team. As a direct result, Young Harrow Foundats"on has been asked to create a dedicated apprentice5hip5 page on our webslle and to support local buslnesses in promoting apprentlC8ship opportunities to young people Mopac l Youth VlenCe Young Harrow Foundation convened and led a Mu1-agencY partnershiwncluding Harrow Council. Harrow Metropolitan Police. Harrow College, four member charities, and the Harrow Business Improvement District to produce a needs 8nalysis and action plan for reducing knife crime and seriou5 Violen in Harrow Town Centre. The completed report catalysed the creation of a Youth Vidence Network that now engages more than 15 YHF member organisation5 alongside Harrow Council, thè poll, Harrow BID, 8nd three housing associalions. It has already driven new youth programmes and tangible environmental improvernents across the town-centre area Thls Is Harrow- Needs Analys16 During this year we have worked closely wilh Public Health to support the roll out of ¢xJr fourth needs analysis survey with nearfy 40 Ioc81 schoo15 Phrtiapating. We have g8nerated neatly 8,000 r85ponses. The process of gathering and analysing the data is time consuming but will give us a clear picture. based on the voices ()f young people, of the range and type of support and aclwits'es needed locally. Support and D•v•lap- Support our members wlth more fundlng. tralnlng and resourc8 Level Up Youthwork In this, the secmd year of a three year funded programme. we have seen the work develop with more people attending training and forums and orowing interest Youth Work qualifications. Training topics have ranged from imm8rsive s8ssions on Autlsm, Arbficial Intelligenc8, Riot Response, Exit Hate and Volunteer Recruttrnent lo support on regulating feelings and how to talk to young people atxjut ment81 health. In this period, w8 held 4 forums and had 169 participants attending our training. We already have 13 people who have cornp18ted Ytsuth Work training at Level one and several are working towards higher levels. Through this funding we are providing our local children and young peopl8's workforce a range opportunities not only to improve their PTaclice but to develop career pathways, especially thos6 from smaller, equity-18d organisations across H8rrow. l of these fijnded programmes would nol be possible without the generous support of our funders.
YOUNG HARROW FOUNDATION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 We would like io extend 8 Special thank you lo.. .John Lyon's Charity .Harrow School .Harrow CounL71 .City Bridge Foundation .Orley Farm School *Public Health Harrow .Departmenl lor Education IDIEI +DVS Foundation DIE 6 Crown Street Endowment Trust .Central Northwest London NHS Foundation Trust .Deo Duce Foundation .NHS Ilntegraled Care Partnership and Integrated C8re Board) .Harrow BoroLJgh Based Partnership .HYDE Housing Working with Strategic Partners We eontlnLJ8 to develop a strong working relatsonship with Harrow Council, Public Health and the Harrow Bomugh Based Partnership, working slrategTrcally to develop new ways ol pulllng and sharing resoLJrces for the benefit of all children and young people in HarTOW. Due to the extensive personnel chang8s wilhin Harrow Council YHF is proactivdy lorging new relationships with the incumbent team. We continue to work dosely with Public Health on developing our third Needs Analysis for Harrow and ¥wll be launching this extensive report and vital work in September 2025. Our partnership with CNWL continues but the fwecast is less posilive in term5 of grant giving and support for the young adult health el8m8nt. We continue to support Disordered Eating prograrnmes through CNWL and will continue to rn8intain a working partnership where pr8clical. Worklng wlth Harrow School YHF conts'nues to see the growing v31u8 and deepening relationship with Harrow Sthool. Our ongoing partnership th them is a key component to our success and delivery with both in-kind support to both YHF and our rnemb8rs lttgh the use of facilits.es and the match funded programmes they support locally. This has helped with the leverag8 of additional rnatch funding from external partners and lo ext8nd the reach and impact of their work loeally. We have developed a stronger working partnership wth both them and John Lyon school through wr Children's Universily PrograrnTne. Our ongagement extends b8yond Harrow to regional partnerships. including London Funders and Partnershlp for Young Lolldoners, Whe we contribute lo shaping Strategic priorille5, sharing best praelices. and ensuring that Harrow's young people benelil from London-wide initiatives. These relationships Strengthen our abilily to influence systemic change, bring additional investmeNI into the borough, and ¢ate a more cohesive and impactful support network for local charities, cornmunity organisations. and housing prctrwders workn'ng to improve the lives of children, young people, and th&ir families. Representlng the sector on strategic boards and nètworks. A key part of our role has been to influenc8 d8cision making knd bringing the seetor's voice to both existing key networks locally and lo London wide and Council committees. Our partnership and reputation with the various boards has devel(wed over the past years, resulting in belng asked to manage funding programrnes with the local voluntsry sector, on their behalf.
YOUNG HARROW FOUNDATION TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Our presence on strategic boards and partrierships is essential to ensuring Ih8t thildren and young people's setvices in Harrow ar8 well-resourced, coordinat8d, and responsive to local needs. By actively engaging with key partners, including John Lyon's Charily IJLCI, Harrow School. Harrow Council officers, elected Councillors, MPS, and Housing Associations. we advocate for sus18tnBble funding, policy irnprovemenis, and increastsd Collaball0n between sectors. Workong wlth other Young peop Foundatlons and John Lyon'5 Charlty We work closely as part of the growng movement of Young People Foundatiolls 8nd LcrAI Youth P8rtnerships Inalionallyl to share ide88 and best practice and to learn Irom each other. Looking Ahead= Prlorltles for 2025-26 W8 h8V8 achieved a great deal last y88r and are pleased lo say that next year marks our 10tt) anniversary. Over the coming year, YHF will conb.nue to centre its work in the three estab5ished ar8as of.. 1.Unlocking Fundlng securing and distributing new inv8Stm8nl so Ihal local charities can deliver hIgh-q81Y services lor children and young people in Harrow. 2.Improvlnp Partner5hlps deepening collaboration auoss statutory bodies, the NHS and education sector, guided by robust needs-analysis so that resources are directed where they are needed most. 3.Developing the Workforce & Sustalnlng Organlsatlons- equipping our members with training, mentoring and Operational support to help them grow and thrive for the long term. Building on this foundation, we will.. Strengthen member relationshlps by offering dedicated 1-tO-1 support 5es5ions to every organisafjon in our network. .Expand SEND provlslon across Harrow, with a particular focus on secondary-age children and young people. .Complel¢ our fourth partnership borough-wide Needs AnalysiB and showcase the findings at a joint Schools & Charities Conference. .Partn8r with Harrow School and others to help mobilise wider use of the Harrow School Farni, creating Thew leaming opportunilies. Enhance our communications so that the local community Iresidentsl and professionals alike understand the breadth of serviTrs available and the impact YHF and its members are making. Together, these priorities will ensure we keep unlocking resource5, f05tering collaboration and empowering th& organi58tions that SUPPOrt Harrow's Children and young people. Flnancial review During th& period ended 31 March 2025 the charity had totsl income of £1,555,057 and total expenéiture of £1,408,348 resulting in net income for the year of £146,709. Our finan$ are robust and 8alance Sheet 15 aan. 2024125 was anoth8T reaord year for both income and expenditure. See Statement of Financial Activities on p8ge 14. The Board of Trustees approved a Reserves Policy to hold a desir8d general reserve level of beeen 3 and 6 months core operating costs in its G8n8ral Reserve Fund. This is to 5UPPOrt the operations of the charity durfng any lempoTary reduction in grant income and also to enable a controlled rundown of provision il il became no lollger feasible to continue the op8rations of the charily. Th8 Charity's policy is to review ils income streams and expenditure commitments on an annual basis, a prudent budget was approved for 2025r26 financial year. Total funds held in G8ner81 Reserves Fund on 31 hA8rch 2025 We £250,655, which slightly exeèeded the target level of 3-6 rnonths core operating costs by approxlmately £25,000. Pl8ns are now in place to redu this excess reserve over the next 2 years. 10.
YOUNG HARROW FOUNDATION TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The Trustees. report was approved by the Board of Trustees. Clare Harrington Ichairl Date.. 11119125
YOUNG HARROW FOUNDATION STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 The Trustees are responsible for preparing th8 Truslees. Report and the finanrial statemenis in accordance wi applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting practi). The law applicable to charities in England and Wale5 requlres the Trustees to prepare financial statements lor each financial year whlch give a true and fair view of th8 state of affairs of the Foundation and of the incoming resources and application of resource8 of the Foundation for that year. In pr8parfng these financi81 statements, the Trustees are required to.. select suitable accounting policies and Ihen apply them consistently.. obseNe the methods and principl85 in the Charities SORP., make judgernents and estirnates that are reasonable 8nd prudenl., stale whelh8r applicable accounting standards have been followed, subjecl to any rn8lwlal departures discknsed and explained in the financial 5tatements', and prepare the financial st8t8rnents on the going wncern basis unless it is inappropriate to presume that the charily will conUnue in operation. The Trustees are r8sponsible for keeping Sufficient aCUnting records that disclose with reasonable awuracy at any time the financial position of the Foundation and enable them 10 8risur6 thal the finanual statement5 comply with th8 Charflies Act 2011, th8 Charity IAwoLJnts and Reports) Regulations 2008 an(J the provisions of the trust deed. They are also responsible lor safegu8rding the assets of th8 Foundation and hence for takirvJ reasonable steps for the prevention and detection of fraud and other irregularitie5. 12-
YOUNG HARROW FOUNDATION INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF YOUNG HARROW FOUNDATION Oplnlon We have audited the financial stalernenls ol Young Harrow Foundation Ilhe 'Found81ion'l for the year 8nded 31 March 2025 which cornprise the st8t8rnenl of fin8n(i818Ctivities, the balance sheel, the staternenl ol cash flows and notes to the linanaal statements, illcluding significant accounting poliryes. The financial reporng framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, Inrjuding Financial Reporting Stand8rd 102 The Financial Reporting Standard applicable in thE UK and Republic of Ir8land (Ursited Kingdorn Generally Aepted Accounting Practice). In our opinion, the financial statements.. give a true and f8ir view ol the state of the charity's affairs as at 31 March 2025 and of its incoming resources and application of resources, for the year then ended,. have been properfy prepared in accordance with Uniled Kingdorn Generally Accepted Accountlng Practice.. and have b9en prepared in alxordance with the Chanties Act 2011. Basis for oplnlon We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicab law. Our Tesponsibililies unijer those standards are further described in the Audilorfs responsibilrti8s for the audil of th8 financial statements SeCOn of our report. We are independent ol the Foundation in accordance with the ethical requirernenls that are relevant to our audit ol the financial staternents in the UK, including the FRC'S Ethical Standard. aniy we have fulfilled our other ethical SponSibl1111es in accordan with these requirements. We believe that the audit eviden w8 have oblainsd 15 sufficient and 8pprowiate to provide a basis for our opinic. Conclusions relatlng to goln9 con¢em In audiling the financ31 statements, we have concluded that the Trustees. use of th8 going coneem basis of accounting in the preparation of the finanrial statements is appropriate. Based on the work we have p8rformed, we have not identSfi8d any material uncertainties relating to events or conditions that, IndivKlually or collectively, may cast significant doubt on the Foundation's ability to continue as a going concern for a period of al least Iwelve months from when the financial slateFnents are authorised for issue. Our responsibilities and tho reSpOnbIlItIeS of the Trustees wth respect to going concern ar8 desuibed In the relevant sections ol this report. Other information The other information comprises the Information included in the annual report other than the finanual statements and our auditor's report thereon. The Trustees are responsible for the other inforrnation contalned within the annual report. Our opinion on the financi81 statements does not cover the other information and we do nol express any form of assurance conclusion thereon. Our responsibility is to read the other infotrnation 8nd. in doing 50, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or olheNiise appears to be materially misstated. If we identify such material inconsistencies or apparent Tnaterial misstatements, we are required lo determine whether this gives rise to a malerial rnisstatemenl in the financial Statements thems81ves. 11, based on the work we have performed. we conclude that there is a material misslatemenl of this other inlomiation. we are required to report that fact. We have nothing to report in this regard. Matters on which we are required to report by exception We have nothing to report in respect of the following matters in relation to which the Charities IAccount5 and Report51 R8gulations 2008 requires us lo report to you if, in our opinion". the informats.on giv8n in the linanryal statements Is inconsistent in any material respecl with the Trustees. report,. or sufficient accounting records have not been kept., or the financial statements are not in agreement with the aCcOntIng records., or we have not received all the information and explanations we require for our audit. 13
YOUNG HARROW FOUNDATION INDEPENDENT AUDITOR'S REPORT {CONTINUED) TO THE TRUSTEES OF YOUNG HARROW FOUNDATION Responslbllltl8s of Trustees As explained more fully in the st8lemgnt of Trustees, responsitxlities, the Trustees ar8 r8sponsible for the pr8par8tion of the finanaal statements and for being satisfied that they give a true and fair view, and for su internal control as the Trustees determlne is necessary to enable the pparatIOn of financial statements that ar8 free from material mis$tatern8Nt, whether due to fraud or error. In preparing the financial statements, the Trustees are responsible for a55e5sing the Foundation's ability to continue as a gon9 ¢onc8rn, disclosing, a5 applicable, matters related to going concem and using the going concem basis of accounting unless the Trustees either intend to cease operation5, or have no realistic altemative but to do so. Audltor's r•sponslbllFtles for the audit of t financlal statements We have been appointed a5 auditor under section 144 of the Charities Act 2011 and report in accordance wth ihe Act and relevant regulations made or having effect thereunder. Our obj8Ctive5 are to obtain reasonable assurdnce about whether the financlal statements as 8 whole are free from m8terial misstatement. whether due to fraud or error, and to ISSU8 an audiior's report that indudes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAS IUKI will alway5 deteet a material rnisstatern8Nt when it exists. Misstat8m8nt5 can arise from fraud or error and are consid8red tnaterial il, individually or in the agggate, they could re850nably be expected to influence the econornic dec151($ of users taken on the b8$ls ol these financaal statements. The extent to which our procedures are rapable of detecting irregul8rftles. including fraud, is dètalled below. Our approach to idenbfying and a55e55ing the risks of rnaleri81 mi5Statement in respect of IrQUIar11Ies, induding fraud and non-cornpliance wth laws and regulations, was a3 follov49'. th8 engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or rècognise non-complianc8 with 8pplicable laws and regulations.. we identified thg laws and regulations applicable to the company through d15cussions with directors and other rnan8gernent, and from our knovledge and 6xperfence', we focused on specific laws 8nd regulations which we considered may have a direct material effect on the finanaal stalements or the opeTations of the company. we assessed th8 8Xtènt of Comlance with lh8 laws and regulations identified above through makn.ng enquiries of rnanagement and inspecting legal correspondence where 8ppllcable,' and Identified laws and regulations w8r8 communicaied within th8 8udit ieam regularty 8nd the team remained alert to instances of non-compliance throughout the audit. We assessed the susc8pbbility of the company's financial staternents lo material mi35tgtemenl, including obtalnlng an understanding of how fraud might occur, by.. aking enquiries ol rnanagement 85 to where they considered there was suscepb'bility to fraud, their knowledge ol actual, suspected 8nd olleged fraud., considefing the internal controls in place io rnilig8te r45ks ol fraud and non-cornpliance wth laws and regulations., and To addr8S5 the risk of fraud through management bias and override of contro15, we". perfomied analytical procedures to identify any unusual or unexpected relation5hips', tested joumal entries to idenlify unusual transactions., assessed whether judgements and assurnplions made in delerrnining thg accounting estimates were indi¢atN8 of potential bias.. and investigated the rationale behind slgnlficant or unusual transactions. 14-
YOUNG HARROW FOUNDATION INDEPENDENT AUDITOR'S REPORT {CONTINUED) TO THE TRUSTEES OF YOUNG HARROW FOUNDATION In response to the risk of irregularities and non-compliance wilh laws and regulations. we designed prdreS which included. but were not limited to.. agreeing fin8nual statement disd¢)sur88 to underlying supporting documentation,. reading the minutes of meetings of those charged with govemance., enquiring of management as to actual and potential litigation ard claims- reviewing relevant (xjrrespondence. There are inherent limitation5 in our audit procedures described abové. The more removed that laws 8nd regulations are frorn financial transactions. the les5 lik&ly il is that we would become aware ol non-cornplianc8. Auditing standards also limit the audit procedures r6qLJif8d lo identify non-complianc8 Wlth laws and regulations to enquiry of the dlrectors and other management and the inspection of regulatory and leg81 correstM)ndence, if any. Material misstatement5 that arise due to fraud can be harder to detact than those that arise from error as they rnay Involve deliberate concealment or collusion. A further de5CriPtion of our responsibilities is available on the Financial RepDrting Co(Jncil s website at.. https".11 www.frc.org.ukJauditorsresponsibilities. This description loms part of our auditor's report. Use of our rèport This report is made s(Aely to the charitys truste8s, as a body, in accordance with Part 4 01 the char8S (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so th8t we rnight state to the charity'5 trustees those mallers we are required to state lo them in an auditor's report and lor no oth8r purpose. To the fullest extent permitted by law. we do not acTrpt or 8S5ume spOnSibl11fy to anyone other than the charity and the charity's trustees as a body. for our audit work, for this reporL or lor the opinions we have formed. Robert Kirtland (Senior Statutory Auditor) For and on behalf of Gravita Audit Oxford LLP, StatLJtory Auditor Chartered Accountants First Floor, Park Central 4041 Park End Street Oxford OX1 1JD Date.. Gravita Audit Oxford LLP is eligible lor appointment as auditor of the Foundation by v4rtU8 of its eligibility for appoinlrnenl as auditor ol 3 company under section 1212 of the Companies Act 2006. 15
YOUNG HARROW FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restricted funds funds 2025 2025 Totsl Unr•strlcted Rastrlcted funds funds 2024 2024 Total 2025 2024 Not•s Incom Donations and legacies Investments Other income 150.398 9,311 147,288 1,248,060 1,398,458 9,311 147,288 134,379 4,843 126,370 1.116.341 1,250,720 4,843 126,370 Total Income 306,997 1.248,060 1,555,057 265,592 1,116,341 1,381,933 Ex enditure on: Raising flinds 1,900 1,WJO 1.614 1,614 Ch8rltable activIeS 254,955 1.151,493 1,406,448 243,186 1.12S,243 1,368,429 Total expendlturg 256.855 1,151,493 1,408,348 244,800 1,125,243 1,370,043 Gross transfers between funds Net income for the yearl Net movement In funds 14971 497 50,142 96,567 146,709 20,295 18,4051 11,890 Fund b818nc88 at 1 April 2024 200,513 63,224 263,737 180,218 71,629 251,847 Fund balane•s at 31 MaT¢h 2025 250,655 159,791 410,446 200.S13 63,224 263,737 The statement of financial activities includes all gains and losses recognised in the year. The statement of financial a¢tWeS includes all gaing and losses recognised in the year. All incorne and expendiiure derive froTn continuing activities. 16
YOUNG HARROW FOUNDATION BALANCE SHEET ASAT31 MARCH 2025 2025 2024 Note5 Currtrnt assets Debtors Cash at bank and in hand 13 83.359 561,304 107,997 584.325 644,663 692,322 CreditorB'. amounts falling due within one year 14 1234,2171 1428,5851 Net current assets 410,446 263,737 Incom? funds R8stricled fund5 Unresldcted funds 17 159.791 250.655 63,224 200,513 410,446 263,737 The financial statem8nts were approvèd by the Trustees on 11119125 Clare Harrington (Chairl 17
YOUNG HARROW FOUNDATION STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Notss Cash flows from operating adlvltles Cash (absorbed byllgenerated from operations 21 132,3321 160.974 Investing aetlvltles Investment incorne received 9,311 4,843 Net cash generated from Investing actlvltles 9.311 4,843 Net cash generated from financing actlvlties Net Idecr8as•Vlncrease In cash and cagh equiyalents 123,0211 165,817 Cash and cash equwalents at beginning of year 5e4,325 418,508 Cash and cash equlvalents at end of year 561,304 584.325 18-
YOUNG HARROW FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcies Charity Information Young Harrow Foundation is a Charitab18 Incorporated OTganisation (Charity no. 11635891 registered in England 8nd Wales, established by Declaration of TNst dat8d 5 September 2015. Young Harrow Foundation eon5titutes a public benefit entity as defined by FRS 102. 1.1 Accountlng eonvention The finan(ial statement5 have been prepared in accordanc8 walh the Foundation's Constitution, the Charities Acl 2011, FRS 102 "The Financial Reporting Standard applic8ble in the UK and Republic of Ireland" l°FRS 1021 and the Charities SORP Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to ch8rities preparing their accounts in accordance with the Fin8ncial Reportsng Standard applicable in the UK and Republic of Ireland IFRS 1021" (effective 1 January 20191. The Foundation is a Public Benefit Entity 85 defined by FRS 102. The financi81 statement5 h8ve departed from the Chariti8s (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. Thi5 dep8rture has involv8d following the Statement of Rernmended Practice foi ch8rities applying FRS 102 rather than the version of the Slaternent of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The Iinanokql statements are prepared in sterling, which is the functional currency of the Foundation. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cosl convenb"on. The principal accounting policies adopted are sel out below. 1.2 Going concem At the lime ol approving the financial gtatemonts. the Twstees have a reasonable expectation that the FoLJndation has adeqLJate resource5 to continue in operational existence for the fore5ee8ble future. Thus the Trust8es continue to adopt the going concern basis of accounting in preparing the finanual statements. 1.3 Charltable funds Unrestricted funds are avaiiqble for use at the discretion of the Trustees in furtheranee of their tharitable objective5. Restrlcted funds are sublect lo specific conditions by donorslgranlors as to how they may be used. The purposes and uses ol the restricted fundg are sel out in the notes to the finanaal staternents. 1.4 Income Income is CognIsed when the Foundation is legally entItd to it after 8ny performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Donations are accounted for as soon as their amount and receipt is rtaIn. Donations include Gift Aid b8sed on arnounts recoverable at the accounting date. Donated goods and services are included at the value to YHF where these can be quantified. No amounts are includ8d in these financial statements lor the se1viS donated by volunteers or Trustees. Grant5 are recognised as receivable when all conditions for receipt have been complied wlth. Where donor- imposed restrictions apply to the timing of the related expenditure as a precondition of its use, the grant ts treated as delerr8d income unts'l those restrictions are met. 19-
YOUNG HARROW FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 AoUntIng poll¢les Icontlnuedl 1.5 Exp•ndlture Expenditure is accounted for on an accrual basis and classified under the following he8ding5.' Costs ol raising funds- comprise the direct and indirect ¢osts ol generating incorne Charitable aclivitl8s - comprise the direct and indirect cost5 01 the activities undertaken to further the purpose5 of th8 tharity. Support costs are those functions ihat assist the work of the charitate company bul do not directly undertake fundraising or charrt8ble activities. Support costs nClude gen8ral overt)eads and goveman¢e costs Ilhose costs incurred in the governance of the charity and its a55et5 and are primarily associateiy with eonslitulional and statutory requirements) and 8re allocated on the b88is of staff tirne devot8d to eath acliwity. 1.6 Cash and cash eqyivalents Cash and cash equivalenis includ8 cash in hand and deposits held 8t call with banks. 1.7 Flnanclal Instruments The Foundation has elected to apply the provisions of Section 11 'B8sic Finanaal Instrurnents, Bnd Section 12 'Other Financial Instruments 155ues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Foundation's balance sheet when the Foundation becomes pariy to the conlractU81 prov1s1(S of the instrumènt. Financial assets and IiAbililies are offset, with the net arnounts presented in the financial Statements, when there is a legally enforceable right to 58t Off the recognised amounts and there is an intention to settle on 8 nel basis or to realise the asset and settle the liability SimLJltaneously. Basic Ilnanclal assets Basic financial assets, which include debtors and cash and bank balances, are Inltlally meastJr8d at transaction price including trans8ctSon costs and ar8 subsequenlly carried at amortised cost using the effectlve inler85t method unless the arrangement cor15titules a financing transaction, Whe the lransacts.on is measured al the present value ol the future rtceipts discounted at a market rate gf interest. Finanaal assets classified as re1vable within one year are not aTnortised. Baslc flnanclal Ilablllllès Basic finan81 liobilities, incluiling lyedilors and bank loans are initially recognised at transaction price unless the 8rrangement constiiutes a financirg transaction, where the debt inslrurnent is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable wlthln one year are not 8mortlsed. Trade creditors are obligations to pay for goods or services that have bgen acquired in the ordinary course of operation5 frorn supplters. Amounts payable are classified as currenl li8bilities if payrnent is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised in((18lly at transaction price and subsequently mea5ureiJ al amortised cost using the effective int8f8St method. 1.8 Taxatlon Young Harrow Foundation is a registered Charily and is not subject to corporatson tax on its current acts'vit18S. The Charity is not registered for VAT. 1.9 Rotlr•m•nt benefits Payments tts defined contribution retirement benerrt schemes are charged as an expensè as they fall due. -20-
YOUNG HARROW FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 Criti¢al accounting estlmatas and judgement5 In the application of the Foundation's accounting policies, Ihe Trustees a required to rnake judgements. è5tirnates and assumptions atKJut the carrying arnount of assets and liabilities that are not readily apparent Irorn other SrCeS. The estimates alld associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual result5 may differ from these estimales. The estimates and underfying assumptions are reviewed on an ongoing basis. Revisions to acmunting estimates are recognised In the period in which the estimate is rewsed where th8 revision affects only that period, or in the period of th8 r8vision and future perh)ds where the revision affects bolh current and future P8riods. Donations and legacies Unre8trlct8d Restrlct8d funds funds Total Unreslricled Restricted funds funds Total 2025 2025 202S 2024 2024 2024 DonatnS and grfts Grants for ch8ritsble activits'es Donated goods and services 13.997 1,200 15,197 7,579 10,000 17,579 117,175 1.246,860 1,364,035 111,800 1.106.341 1,218,141 19,226 19,226 15,000 15.000 150,398 1,248,060 1,398,456 134,379 1,116,341 1,250,720 Donation5 and gifts OlheT donations & gift aid Other 7.579 10,000 17,579 13,997 1,200 15,197 13.997 1,200 15,197 7,579 10,000 17,579 21
YOUNG HARROW FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 DonatlOn5 and 18gaeles Icontlnued) Grants recelvable for coro actlvltles John Lyon's Charity City Bridge Trusl H90W School Harrow Council Orley Fami Voluntary Action Harrow Crown St Partnership Grant Programme CNWL Harrow Together Short Breaks 100,000 154,666 38,000 115,378 709,619 2,000 7.500 254,666 38,000 115,378 723,619 2,000 7,500 1(Ll,000 50,000 31,250 105,975 660,505 150,000 31,250 105,975 660,505 14.000 33,800 33,800 43,000 114,000 43,000 114,000 85,500 50,000 36,000 22.000 16,311 15.000 85,500 50,000 36,000 22,000 16,311 15,000 11,800 42,697 20,000 42,697 20,000 3.175 DVS Foundation Sm811 Grants 3,175 11,8(K) 117,175 1.246,860 1.364,035 111,800 1,106.341 1,218,141 Income from investrnents Unrestricted Unrestricted funds funds 2025 2024 Interest receivab18 9,311 4,843 Other Income Unregtrlcted Unrèstrlcted funds funds 2025 2024 YPF Websites Help Harrow Webslte Core Cost Contribution 22,120 8,000 117,168 27,440 7,200 91,730 147,288 126,370 .22-
YOUNG HARROW FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Charltable activltles 2025 2024 Staff costs Other grant gwing activities linc. Change Makers. HAF grants) Support members to buSld capacity IYPF website development, Help Harrow website etcl 266,103 989.423 223,560 1,062,561 88,410 21,023 1,343,936 1,307,144 Share of support costs158e note 81 Share of governance costs (see note 81 54,712 7,800 55,885 5,400 1,406,448 1,368,429 Analysls by fund Unrestricted funds Restricted funds 254,955 1,151,493 243,186 1.125,243 1,406,448 1.368.429 -23-
YOUNG HARROW FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Grants payable 2025 2024 Grants to Instltutlons: A Slice of Nice Afghan Assocation of London IHarrowl Alridh8 Foundation ALIF Communities CIC ArtPerUK. Arts for Lrfe 8 Active Sports and Clubs Be the Band 81illiant Club C8n08 Sports Trust Centre forADHD & Autism Support Christ Church Roxeth PCC Community Connex Creative Futures 4 U Crowning Greatness Crazy Camps Dhmal Ltd Eden Acaderny EPIC FLASH Musicals Frèsh Arts CIC Fltrnnd Training CIC Harrow College H8rrow St Marfs Youth Football Harrow Town Centre BID Healing The Wodd Home Group HOPE Harrow Family Learning Nelwork Horizon Youth Hotspot Community CIC icandance Ignite Trust Ignite Youth CIO JOY lJoining Old and Young) Joy Sports Academy JuniorAdventures Group Kenmore Park Junlor School Khulisa Kids Can Achieve Levs Leap Sports Academy London's Community Kitchen M and A Spcxt5 Ltd MAGNA Group Enterprise Mathsmakers Met Police MIND Myyard Nomad 3,100 12.800 33,950 4.250 20,000 3,000 32,000 38,246 12,070 2,779 20.000 13,520 609 2,901 15.654 7,996 4.171 7.770 9.758 1,500 14,977 9,395 2,925 17,196 3,834 28,366 6,000 28,605 13,080 27,773 7.528 12,902 18,168 9,000 15,731 10,675 19,000 6,903 778 4,800 18,549 36,000 5,000 25,040 10,500 3.750 11,775 5.27g 4.99d 27,417 2,000 63,013 270 9,050 20,994 6,800 2,430 8,680 14.782 17,847 12.050 63,318 3,376 292,390 3,150 690 9,560 211,115 1,632 20,971 11,428 20,000 42,500 16,030 24,163 1,200 -24.
YOUNG HARROW FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Grants payable {Continuedl Non Stop Sports Education LTO North H8rrow Community Library Ominira Learning Ltd One Place Primary Sporting Development PSD Childcare RollaDorne All Skate Ltd Sporty Zon8 Sport In Schools Ltd Srishti Yuva Culture Steps to Success Academy Sl Albans Church Super Stsr Sport West London Sweet Saence Synergy The8tre Project The Hive Foundation The Josh Hanson Charitable Trust The Wish Centre Ltd U Teach Unique Community Charity Urban Flyers CIC Urban Studio Sessions Volunteer Police Cadets Wafford FC'S CMTY Sports & Edu Tmst Woodland Adventure Forest School h zest of Mind Other organisaoons 8,440 2,231 1,250 5,(X)O 4.000 7,800 7,000 4,909 5,750 2,500 12.500 19,700 13,916 10,509 25,083 18,660 6,024 15,000 36,000 11,000 9.000 4,665 39,540 8,000 1,313 15.000 40,000 7,668 42,046 19,000 6,000 23,366 15,000 1,020 2.904 42,575 1.300 9,290 1,250 35,399 2,930 19,050 Total 989,423 1,105,617 -25-
YOUNG HARROW FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support ¢ost5 alloeatod to activities 202S 2024 Offic8 rent Office supplieslequipmenlltelephonellT Sub5cripts"onsllnsurance Travelltraininglvolunteer expenses Professional fees Aocount8ncylpayroll fees Other Governancè costs 19,226 19,963 6.306 368 1,900 8,849 15,000 25,845 3,425 251 1,614 10,104 1,260 5,400 7,800 64,412 62,899 Analysed belween: Fundraising Charitable activities 1,900 62,512 1,614 61,285 64,412 62,899 Net movement in funds 2025 2024 The net movement in funds is stated after chargingllcreditingl.. Fees p8y8bl8 for the audil of the ch8riVs financial statements 7.800 5,400 10 Trustees No Trustees received remuneration froln the Charity in the year12024'. £Nill. No Trustee reiVed an expense reimbursgmgnt from the Charity12024.. £Nill. Two Trustees (Sanjay Chandarana and Steve Willi8msI hokl positions 8t kjcal youth org8nis8tions that are rnembers ol Young Harrow Foundation. They have no Influence in gTant making decisions at Young HaTrow Foundation. 11 Employees The average monthly number of employee5 during the year was.. 2025 Number 2024 Number 26-
YOUNG HARROW FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 11 Employees Icont5nuedl Employment costs 2025 2024 Wago5 and salarie5 Social security costs Other pension c05t5 Other staff expenses 239,976 15,030 9,344 1,753 201,332 12,554 8,553 1,121 266,103 223,560 The number of employees whose annu81 remuneration wa5 more than £60,000 is as follows.. 2025 Number 2024 Number 12 Ta¥atlon The charity IS èX8mpt from taxation on ils activities because all its income is applied for charitable purpos85. 13 Dobtors 2025 2024 Amounts falling due within one yèar.. other debtors Prepayrnents and accru8d income 1,200 82,159 17,200 90,797 83,359 107.997 14 Crndltor8= amounts falling due wlthln one year 2025 2024 Trade credltors Other creditors A(xruals and deferred income 425 8,226 225,566 7.470 1,694 419,421 234,217 428,585 -27.
YOUNG HARROW FOUNDATION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 15 Dgfvrrod Incom• 2025 2024 Other dgferred income 217,333 405,021 Deferred income is included in the financlal statements as follows". 2025 2024 D8f8rred income is included within.. Current liabilit18S 217,333 405,021 Movements Sn the year.. Deferred income 8t 1 Aprfl 2024 Released from previous perlods Resources deferred in the year 405,021 1405,0211 217,333 249,102 1249,1021 405,021 Deferred income at 31 March 2025 217,333 405,021 Deferred income rdates to grant income received during the year, which relal8s to the delivery ol services after the year end. 16 Retirernent beneflt schemes 2025 2024 Defined eontrlbutlon schemes Charge to profil or loss in respect of defined contribution scheme5 10,189 7,921 The Foundation operates a d8fin8d contribulion pension scheme for all qu81ify.ng employees. The assets of thg Scheme are held separ8tely from those ol the Foundation in an independently administ8r8d fund. 28-
YOUNG HARROW FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 17 Rè5trlcted funds The restricted funds of the charity comprise the unexpended balaneeg of (Jonats'ons and grants held on trusl sublect to specific conditions by donors as to how they rnay be used. At l April 2024 Incoming resourc89 Resourcas expended Transfers At 31 March 2025 John Lyon's Charity D80 Duce City Bridge Trust Harrow School Harrow Council DVS Foundation Harrow Together Voluntary Action Harrow Orley Farm School College of Noth Wesl London Young Westminster Foundalion 24.575 154,667 25.000 38,000 115,378 709,619 21.200 {167,7161 125,0001 127,8341 135,8791 1682,4801 122.4001 18.3091 113,5001 112.0001 1118,2821 130,0931 18,0(X)I 11,526 10.166 88.357 27,139 8,858 4,282 1,200 8,309 6.000 10,000 14,2821 7,500 12.000 114,000 42.696 8,000 10,000 4,282 12,803 63,224 1,248,060 11,151,493) 159,791 Previous year.. At 1 April 2023 Incoming resources R•sources expended Transfgrs At 31 March 2024 John Lyon's Charity Deo Duce P8uI Hamlyn Foundation Crown Street City Bridge Trust Harrow School Harrow Council DVS Foundation Harrow Together VoluMiaryAction Harrow Orley Farm School Mailri Foundation College ol North W86t London Individual Donor and GIftAid Olh8r 33,690 50,000 26,500 159,1151 126,5001 110,0001 133,8001 145,9891 197.1171 1656,2231 133,0001 142,6911 14.0001 15.0001 18,0001 150,0001 150,0001 13,8081 24,575 10,000 33,800 33,050 105,975 660,505 34.200 36,000 10,000 15.000 8,000 50.000 50,000 3,311 12,939 8,858 4.282 1,200 8,309 6,000 10.000 15,000 497 71,629 1.116,341 11,125,243) 497 63,224 -29-
YOUNG HARROW FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 17 Restrlcted funds Icontlnuodl Supportlng ARTS In Harrow- Furded through Jthn Lyon's Charity, 8UPPOrted by Harrow School, enabling mernbers to deliver cornmunity based art prograrnmes across the borough. Programmes were designed to increase engagement in the arts across both schools and COrnTnunlts'es, engage those childTen and young people who are least involved in the arts and to celebrate Harrow's diverse cultLJre & heritage through supporting artS-ba8ed promsion. Change Maker5 - Newly fomied partnership of funders, corporate donor5 and statutory partners, contributing towards grants to mernbers to ensurg W8 are addressing the issue5 raised in our most r8cent needs analysis 'This is Harrow., The partnership inrjudes contributions from John Lyon's Charity, Harrow Schotsl, Deo Duc8 Foundation, Harrow Counal, Orley Fam) School and ES Broadcast. CNWL Young Adult Mental Health Support {16-25 yèar olds) - The programme aims to improve young adull mental health and wellbeing through one or all ol the following.. addressing inequalities, better identifying unmel need, improving equality of access to earty intervent40n and wellbeing support and Ihrough engagement and navigats'on of 5UPPOrt. VOICE - we secured funding to support member or98ni53tions to develop their work around amplfying th8 voice of young p8ople in how services can b8 d8veloped and lo bring a collective voice on key SLJbjeets, a¢r058 Youth Violence Iwith MOPACI and NHS (with family HUBS). This has now replaced our original Change Champions model, ensuring members are supported and engaged throughoul the pro85. HAF 24- YHF to contract manag8 thè grants for the Holiday ActNity and Food {HAFI progr8mme with the aim being lo support children to eat MO healthily, be rnore active over the school holid8ys and have a gr8at8r knoedge of he8llh alld nutrition as well as be rnore engaged wilh school and other local seNcies. This also includes Grant rnanag8ment, M&E, reporting lo DFE and delivering visits 10 811 provlders. John Lyon's Charlty Small Grants - Srn811 Grants fund from John Lyons that are aimed to be accessible for organisations who do not receive r89ul8r John Lyons fudning and priorlts.se organisalions who have a tumover of less than £250.000. Level Up Youth Work - supported by City Bridge Foundation and led by Young Westminster Fotjndation. This prograFnrn8 focuses on Workforce Training Development for youth workers and those working dlrectly with children and young people Short BREAKS 24 Jolntty funded pilot designed io chang8 the offer around Short Breaks prowsion for young people in Harrow. This Initiative was jointly funded through Harlow Council, Harrow S¢hod and DVS Foundation and has helped shaped future provision. AMPAAC Arnpacc 15 an excel4)ased financial costings analysis tool aimed at small voluntary sector organisations to support them to accurately calculate their service costs. Delivered through Clear Thinking Consultancy and funded by John Lyon s Charity YHF was 8blè to offer this speciali51 support to member organisations. Hornes for Ukralne Funded through Harrow Council this prograrrme enabled a specialisl member org8nisatlon to work wth Ukrainian children and young people, coming to the UK to seek refuge from war. Th8ir experiences of traurna and loss werg sUPPOrted through the prowsion of arts, drama, day trips and residentsals. Whyohyou Funded through DVS Foundation this bespoke programme ly deslgned hel) young peoplè with a journey ol personal developrnent. The programe supported rn8mber oiganisations to Partner with local schools on delivery. Corg RestrICt- funding frorn City Bridge Trust $tricted to funding staff posts, on-c03ts and the Core tearn. -30-
YOUNG HARROW FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 18 Unrestrleted funds The unrestricted funds of the charity comprise the unexp8nded balances of donations 8nd grants which are not subject to specffic conditions by donors and grantors 85 to how they may be used. Th&se include designated funds which have been aside out of unrestrfctgd funds by the trustees for 8pecific wrposes. At 1 April 2024 Incomlng rosources Resources expended Transfers At 31 March 2025 General funds 200,513 3(,997 1256.8551 250,655 Prevlou5 ygar., At 1 Aprll 2023 Incomlng resources Resoure•s expendèd Transfers At 31 March 2024 General funds 180,218 265.592 1244,8001 14971 200,513 19 Analysls of net assets between funds Unrestrlcted funds 2025 Restricted funds 2025 Total 2025 At 31 March 2025: Curienl a55etsllliabilitiesl 250.655 159,791 410,446 250.655 159,791 410,446 Unrestricted fund5 2024 Restricted fund$ 2024 Totsl 2024 At 31 Mareh 2024.. Current assetsl{liabilltiesl 200,513 63,224 263,737 200,513 63.224 263,737 20 Relat•d party transactions Trustee Mathura Panchadcharas is head of Philanlhrophy at DVS Fovndalts)n. During the year DVS Foundats'on provided funding to the Young Harrow Foundation of £21,20012024- £Nill. 31