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2024-07-31-accounts

REGISTERED COMPANY NUMBER: 09708873 (England and Wales) REGISTERED CHARITY NUMBER: 1163850

Report to the Trustees and Financial Statements for the Year Ending 31 July 2024 for Youth Engagement Solutions Ltd

.

Youth Engagement Solutions Ltd Report of the Trustees for the Year Ending 31 July 2024

REPORT OF THE TRUSTEES For the Year Ended 31[st] July 2024

The Trustees who are also directors of the charity for the purpose of the Company Act 2006, present their report with the financial statements of the charity for the year ended 31 July 2024. 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 2015)

STRUCTURE, GOVERNANCE AND MANAGEMENT Government document

The charity is controlled by its government document, a deed of trust, and constitutes a limited company. Limited by guarantee, as defined by the companies Act 2016

REFERENCE AND ADMINISTRATIVE DETAILS Registered company number 09708873 (England & Wales)

Registered Charity Number 1163850

Registered office

Wembley FC-Vale Farm, Watford Road Wembley, Middlesex. HA0 3HG

Board of Trustees

R T Byrne Retired Solicitor (Resigned 01-08-18) C H M Ryan HR Consultant E I Beaber Business Development Consultant A S Katten Financial Advisor H Skolnick Business Manager (Resigned 08-04-20) M Charles Marketing Consultant (Resigned 29-04-24)

Company Secretary

Ms M D C Llorente

Independent Examiner

JG & ASSOCIATES TBXH@ Sunley House Bedford Park Croydon CR0 2A

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Youth Engagement Solutions Ltd Report of the Trustees for the Year Ending 31 July 2024

TRUSTEES ’S REPORT

The Trustees of the charity /Youth Engagement Solutions Ltd (YES Ltd) are pleased to present their annual Trustees’ report together with the financial statements of the charity for the year ending 31 July 2024. These are prepared with the purpose of meeting the legal requirements for a Trustees’ report and accounts in accordance with the Companies Act 2006. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and 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 2015).

OBJECTIVES AND ACTIVITIES

YES Ltd objects, as detailed in our Articles of Association (2015), are to act as a resource for young people up to the age of 30 and living in London by providing advice and assistance and by organising programmes of physical, educational and other activities as a means of:

With regard to the Charity Commission's guidance on public benefit the Trustees believe that the provision of such benefit is an integral part of each of the charitable objectives

OUR AIM

YES Ltd, is a charity which aims to turn disadvantaged young people away from criminal activity, unemployment and social and financial exclusion whilst helping them to play an active role in their communities

STRUCTURE, GOVERNANCE AND MANAGEMENT

The charity is controlled by its governing trust, and constitutes a limited company, limited by guarantee, as defined by the companies Act 2006.

YES Ltd is administered by a Board of Trustees, members of which constitute the Directors, to comply with company legislation and trust law for the purpose of charity legislation. Trustees are recruited and appointed by the Board and periodically a skills audit is carried out to ensure that the Board is fully equipped to oversee and lead the organisation. The Board meets at least four times a year. New members are given full induction and training is provided if required. The board delegates finance responsibility to the Treasurer. The Treasurer is responsible for providing advice and guidance to the Board on matters relating to finance and resources. Financial reports are circulated to all members and are tabled at each Board meeting.

As a developing organisation the Charity has sought to ensure that members reflect the skills mix required to ensure a sustainable business and also the diverse makeup of the community. To make sure we do this we advertise in relevant areas and outlets for members who can help to achieve YES Ltd.’s vision.

Day to day responsibilities is delegated to the Chief Executive who is supported by Finance officer and a team of operational workers managed by a coordinator.

. Approval of strategy, policy and decisions relating to governance are retained by the Board of Trustees.

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Youth Engagement Solutions Ltd Report of the Trustees for the Year Ending 31 July 2024

RISK MANAGEMENT

The Trustees are responsible for the effective management of risks. Monitoring income and expenditure levels, reviewing the risk register and financial controls provide an effective method of reducing risk and providing assurance against fraud and error.

Risk management assessments are carried out by the Chief Executive and action is taken to reduce any identified risks. The key risks to YES Ltd is the difficult funding environment, costs pressures and increased demand for our services. Our focus is to continually look at ways in which we can respond positively to these changes.

OUR WORK

Our Charity works with a troubled demographic, being young people up to 30 years of age from across London but predominantly from Brent and the surrounding boroughs.

Our services aim to turn young people away from homelessness, criminal activity, unemployment, physical inactivity, and social and financial exclusion and to help them play an active role in their communities. Through a holistic programme of prevention and intervention services we encourage young people to take responsibility for their lives and chose a path that leads to fulfilled lives. We also aim to give young people a voice and provide positive activities and opportunities for their participation, whether it’s education, training, employment, sport, social or community activities.

TARGET AREAS AND PERFORMANCE, 1[ST] August 2023 to 31[st] July 2024

YES Ltd, provides programmes of prevention, intervention, and sustainability to enable disadvantaged young people, who either show signs of disaffection or are already disengaged, to push the boundaries of what they believe is possible. YES Ltd, encourages these young people to challenge the expectations of those around them and achieve outcomes that result in savings to the public purse.

The mission of YES Ltd is to develop and deliver interventions that support disengaged/disadvantaged young people in reaching their full potential and that have a positive impact in the communities where they live.

OVERALL PERFORMANCE & IMPACT

During 1[st] August 2023 to 31[st] July 2024 YES Ltd provided services to 590 young people

of which 59% were new customers . We promote integration and social mobility by engaging customers from all backgrounds, across all services.

Promoting Inclusion and Diversity

From 01/08/2023 - 31/07/2024- YES Ltd provided services to 590 young people and their families of which 349 were new Service users; 48 have a disability; 37% were female and 63% male.

----- Start of picture text -----
Ethnicity
White - Other 61
3
White - British 33
86
Refused
19
Mixed Race 42
2
Chinese 3
6
Black or Black British - Caribbean 82
86
Asian or Asian British - Pakistani 35
41
Asian or Asian British - Indian 68
9
Arab 14
0 20 40 60 80 100
----- End of picture text -----

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Youth Engagement Solutions Ltd Report of the Trustees for the Year Ending 31 July 2024

Religion:

----- Start of picture text -----
Religion
250
195
200 147
152
150
100 50
5 2 22
50 12 3 2
0
----- End of picture text -----

Our customers came from 25 London Boroughs:

The majority came from Brent 59% followed by surrounding boroughs 28%, the remaining London boroughs 13%

Services Provided from August 2023 to July 2024

Target A:

Those within the education system who are either attending Pupil Referral Units (“PRU’s”) or are likely to do so in the future. YES Ltd provides:

Target A

Performance:

A total of 315 young customers of school age participated in prevention and health and well being activities

Services provided included workshops and activities that promote their health and well being. It involved multisport activities, football, Self defence & martial Arts among others; and targeted workshops as outlined below:

• Prevention activities : Anger management, mental health awareness, crime prevention & anti-bulling workshops.

• Learning activities: c areers advice, personal development, living skills, football coaching and how to support a peer.

• Health and Wellbeing: workshops on communication, motivation, dealing with stress, team work, and healthy eating and nutrition

.

• DWP- Positive Parents Positive Kids (PPPK): in

parallel to provision to parents, one-to-one support was provided to children with their parents consent.

----- Start of picture text -----
Listening young people voices to
address their needs and aspirations
----- End of picture text -----

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Youth Engagement Solutions Ltd Report of the Trustees for the Year Ending 31 July 2024

YES, delivered 28 workshops of 2 hours duration in: Building Healthy Relationships workshops; motivation; confidence building; Anti-bullying workshops, mental wellbeing workshops; nutrition and personal development. A total of 188 young people participated in the workshops.

62% of Young People received individual 1-to-1 Mentoring Support across projects

A total of 214 young people participated in Self Defence Classes

228 children and young people participated in sport and physical activities through:

Target B

Those who have left school and who are street active or disengaged and young people, including parents, who are not in employment, education or training (“NEET”). YES Ltd provides:

Performance:

A total of 170 young adults of non school age were provided with the following services:

and guidance (“IAG”) on a one to one basis and in group settings.

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Youth Engagement Solutions Ltd Report of the Trustees for the Year Ending 31 July 2024

Other Outcomes:

We continue been known as a lead organisation in providing services to young people in Brent .

Regular one to one support was provided to all customers with 3 starting their own business

Brent Family Wellbeing programme. Delivering Martial Arts sessions, growth mindset workshops and supporting 10 to 15 years old children with additional support. It aimed to: help young people keeping healthy and improve their wellbeing, through physical activities.

encourage young people to develop positive communication.

teach young people to use assertive discipline to help change their behaviour. 

  - enable children to develop their self-esteem and self-confidence through good communication

  - that encourages positive behaviours.

Case Studies from DWP “Positive Parents Positive Kids” (PPPK) project:

environment for her child, using her strengths to manage stress and conflict. 7

Youth Engagement Solutions Ltd Report of the Trustees for the Year Ending 31 July 2024

Case study from “Brent Families Wellbeing” Programme.

----- Start of picture text -----
NH and MP who are both 15 years old, joined our sessions from the beginning of the activities delivered at
Family Wellbeing Centres.
Both boys are friends. When they arrived at the centre, they were shy, never said hello to anybody, never
spoke to anyone. Looked confused at anyone who tried to talk to them. Even during the sessions, they only
practiced the exercises given by the tutor by themselves. Sometimes they practised so hard, they had to be
watched, to ensure that they did not cause any injuries to each other. After they completed the exercises
that they chose to do, they were leaving without a goodbye.
With time, they started to communicate with participants attending the sessions and we were able to have a
conversation about school, their interests and their journey to the centre. Both improved their
communication skills, become happier, participated well during the sessions and began assisted those who
found the exercises harder to follow.
NH and MP had their own issues at school and at home, which they tried to overcome. Their journey was
not easy. Nevertheless, they were determent to improve. And it was good to see the improvement and a
change to their behaviour.
After summer holiday, NH came to talk to us during the session and informed us that he is going to do an
apprenticeship. We were so happy for him that he is concentrating on something positive to give him
courage and purpose. A few months later we had a visit from MP , who had also agreed to do apprenticeship.
It is heart worming story of a journey of two boys whose lives were not easy, but they found carriage to
do something positive with their lives and we are happy that we were part of their journey.
----- End of picture text -----

Testimonial

----- Start of picture text -----
Fun and educational sessions.
I learnt a lot. Good teaching
and life lessons. Very friendly
----- End of picture text -----

HOW DO WE DELIVER PUBLIC BENEFIT?

YES Ltd is a charity that is a direct response to the growing number of young people that are either falling through the cracks at school, are already entangled with the juvenile court system, are street active or NEET. The goal is to offer a positive support system to avoid the pitfalls that can derail their lives further.

In shaping our objectives and planning our activities for the year, the Trustees have considered the duties set out in section 17(5) of the Charities Act 2011 to have due regard to public benefit. In particular, the Trustees have considered how the planned activities will contribute to the overall aims and objectives that they have set.

The Trustees believe that the paragraphs, specifically on the "Objectives and Activities" and "Achievements and Performance" for the year, relate in detail the benefit that the charity provides to the public.

BUSINESS PLAN REVIEW

Our current business plan is reviewed on an ongoing basis and adjustments are made as necessary. We will continue to review our plan to ensure our focus on:

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Youth Engagement Solutions Ltd Report of the Trustees for the Year Ending 31 July 2024

PLANS FOR THE FUTURE

This has been another challenging year as luck of securing funding, especially long-term funding, led to the reduction on the staff team to reduce costs and some leaving to gain more stable positions in other organisations. YES Ltd, as many other charitable organisations, entering a period of financial uncertainty due to funding opportunities declining due to funds being shifted to address the primary of needs of those at risk from the current economic crisis. This has added to the ever-increased demand for our services. In a positive side we managed to secure a contract, from May 2023 to January 2025, from the Department of Work and Pensions-Reducing Parental Conflict through our project: Positive Parent Positive Kids (PPPK).

FINANCIAL REVIEW

It is difficult to predict the financial or operational implications in the current economic crisis on our charity and our customers. Securing funding has become very unpredictable and difficult to obtain, as too many charities are competing for funds. It is therefore imperative that we are as prepared as possible and think carefully of the implications of different scenarios and to factor these into future planning. An increased demand on our resources and services at a time when charitable trust grant funding is diluted shows that many charities like ours strangle to survive at this difficult time, as most funds have been redirected to economic crisis interventions. Meanwhile, family finances have collapsed, and mental health issues have increase affecting more children and young people from poor or disadvantaged backgrounds.

PRINCIPAL RISKS AND UNCERTAINTIES

The Trustees have a risk management strategy in place which comprises:

• An annual review of the risks the charity may face. Such risks include financial, reputational and compliance and regulatory risks. Examples of such risks are:

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Youth Engagement Solutions Ltd Report of the Trustees for the Year Ending 31 July 2024

Operational – Poor project management; failure to provide adequate resources; failure to engage with the public.

Details of our income and expenditure are set out in the Statement of Finance Activities (SOFA). Income resources for the year were £216,938 and total resources expended were £208,417 resulting in a net movement of funds for the year of £8,522.

The principal source of income is from projects undertaken to meet the charity’s objectives and are detailed in the SOFA.

PRINCIPAL FUNDING SOURCES

Our Principal restricted funders were the Department of Work and Pensions, London Borough of Brent, Notting hill Genesis, and St Jame's Place Charitable Foundation. In addition, the Trustees donated funds to provide Christmas bonus for salaried staff.

Further income is also achieved through donations and service delivery to other local organisations. Main fundraising activities are carried out by the Chair and CEO with support from a fundraiser and the Finance Officer/Secretary.

Expenditure has supported our key objectives mainly through staff salaries to support specific areas of work and through projects activities. Most of our funding supports direct costs.

RESERVES POLICY

The Trustees of YES Ltd believe that the charity should hold financial reserves because,

The Trustees believe that the minimum level of free reserves should be calculated and reviewed annually, as an integral part of YES Ltd.’s planning, budgeting, and forecasting cycle. The policy is based on a risk identification approach, identifying existing funds, and reviewing future income streams and committed expenditure. It looks at the extent to which these income streams are reliable and controllable. It also identifies potential commitments and contingencies, together with the likelihood that these risks will materialise and give rise to new commitments.

The Trustees use this information to ensure an adequate level of readily available reserves is maintained. They believe that free reserves should be built up to the desired level in stages consistent with the charity's overall financial position and its need to maintain and develop its charitable activities. The reserves will be routinely reviewed by the Trustees as part of financial monitoring and strategic planning.

The Trustees have established policy whereby uncommitted unrestricted funds (general funds) should be such as to cover a minimum period of 4 months by 2025. The reserves are needed to meet the working capital requirements of the charity, and the management committee are confident that at this level they will be able to continue to deliver the activities of the charity in the event of a significant drop of funding.

The Trustees note that the charity has currently no reserves which creates an uncertain future. The incoming six months will be critical to ascertain if the charity can be kept operating. Trustees and the team will regularly review the financial situation of the charity to see if it is possible to remain solvent. If not, enough funding can be secured, costs savings will be introduced and the option of potentially closing the charity will have to be considered.

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Youth Engagement Solutions Ltd Report of the Trustees for the Year Ending 31 July 2024

TRUSTEES RESPONSIBILITIES

The Trustees are responsible for preparing the Trustees Annual Report and the Financial Statements in accordance with applicable law and regulations.

Company law requires the trustees to prepare financial statements for each financial year. Under the law the trustees have been elected to prepare the Financial Statements in accordance with United Kingdom Generally Accepted Practice (United Kingdom Accounting Standards and Application Law). The financial statements are required by law to give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that period. In preparing these statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with Companies Act 2006. The trustees are also responsible for safeguarding the assets of the charity and hence for reasonable steps for the prevention and detection of fraud and other irregularities.

DISCLOSURE OF INFORMATION TO INDEPENDENT EXAMINERS

Each of the Trustees has confirmed that there is no information of which they are aware which is relevant to the independent financial examination, but of which the independent examiners are unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the independent examiners are aware of such information.

INDEPENDENT EXAMINERS

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Youth Engagement Solutions Ltd Report of the Trustees for the Year Ending 31 July 2024

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES

of Youth Engagement Solutions Ltd

I report on the accounts for the year ended 31 July 2024 set out on pages 13 to 19.

Responsibilities and basis of the report

As the charity’s trustees of the Company (and directors for the purpose 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

I have completed my examination. I confirm that no matters have come to my attention in connection with my examination giving me cause to believe:

  1. accounts 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 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 Standards 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.

Date:……27.03.2025……………

Joanna Goodridge MICB

JG & ASSOCIATES TBXH@ Sunley House Bedford Park Croydon CR0 2A

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Youth Engagement Solutions Ltd Report of the Trustees for the Year Ending 31 July 2024

Youth Engagement Solutions Ltd

Statement of Financial Activities
for the Year Ending 31 July 2024
Notes
INCOMING RESOURCES
Income Resources from generating funds
Voluntary income
3
Activities for generating funds
4
Income resources from charitable activities
5
-
RESOURCES EXPENDED
Charitable activities
Project expenses
6
Governance costs
7
Other resources expended
8
Total resources expended
NET INCOMING(OUTGOING)
RESOURCES BEFORE TRANSFERS
Gross transfers between funds
Net incoming/(outgoing) resources
TOTAL FUNDS BROUGHT FORWARD
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
Funds
£'s
41,093
-
62,612
103,705
33,599
1,755
59,828
95,183
8,522		 Restricted
Funds
£'s
113,234
-
-
113,234
90,885
127
22,223
113,234
-
-
-
-
-		 Restricted
Funds
£'s
113,234
-
-
113,234
90,885
127
22,223
113,234
-
-
-
-
-		 Total Funds
Jul'24
£'s
154,327
-
62,612
216,938
124,484
1,882
82,051
208,417
8,522
-
8,522
(19,359)
(10,837)		 Total Funds
Jul'23
£'s
75,543
-
114,169
189,712
140,006
1,614
84,858
226,478
(36,766)
- -
-
-		 (36,766)
17,407
- (19,359)

13

Youth Engagement Solutions Ltd Report of the Trustees for the Year Ending 31 July 2024

Youth Engagement Solutions

Balance Sheet

At 31 July 2024

ASSETS
Notes
Fixed Assets
9
Current Assets
10
Accounts Receivable
Current/Savings
Total Current Assets
Current Liabilities
11
Accounts Payable
Total Current Liabilities
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
Equity		 Jul 31, 2024
£'s
2,467.91
4,641.08
9,376.66
14,017.74
27,322.71
27,322.71
-13,304.97
-19,358.89
8,521.83
-10,837.06

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023

The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31 July 2022 in accordance with Section 476 of the companies Act 2006.

The trustees acknowledge their responsibilities for

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Youth Engagement Solutions Ltd Report of the Trustees for the Year Ending 31 July 2024

Notes to the Financial Statements for the Year Ended 31 July 2024

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 2015)’, 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.

Incoming Resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income, and the amount can be quantified with reasonable accuracy.

Resources expended.

Expenditure is accounted for on accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot de directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.

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 objectives of the charity. Restrictions arise when specified by the donor or when funds are raised for restricted purposes.

2. TRUSTEES’ REMUNERATION AND BENEFITS

There were no trustees’ remuneration or other benefits for the year ended 31 July 2024

Trustees’ expenses

There were no trustees’ expenses paid for the year ended 31 July 2024

Trustees Liability Insurance

The charity has liability insurance in place, but no claim has been made.

15

Youth Engagement Solutions Ltd Report of the Trustees for the Year Ending 31 July 2024

Youth Engagement Solutions Ltd

Notes to the Accounts

3
VOLUNTARY INCOME
Unrestricted
Funds
£'s
Individual Donations
11,128
Corporate Donations including donated goods
4,000
Albert Hunt Trust
-
St Jame's Place Charitable Foundation
-
The National Foundation for Youth Music
25,965
Street Games
-
DWP
-
41,093
4
ACTIVITIES FOR GENERATED FUNDS
Unrestricted
Funds
£'s
Football & other income
-
0
5
INCOME RESOURCES FROM CHARITABLE ACTIVITIES
Unrestricted
Funds
£'s
Young Brent Foundation
-
Noting Hill Genesis Housing
37,500
Countryside Properties (UK) Limited
4,965
South Kilburn Trust
-
Cricklewood Wanderers C.I.C
6,264
Brent Council
12,900
Other: Bank Rewards, interest and Gift Aid &
Reimbursments
982
62,612
Total Income
103,705		 Restricted
Funds
£'s
300
1,665
-
10,000
2,199
-
99,070
113,234
Restricted
Funds
£'s
-
-
Restricted
Funds
£'s
-
-
-
-
-
-
-
-
113,234		 Total Funds
July 2024
Total Funds
July 2023
£'s
£'s
11,428
16,354
5,665
9,095
-
3,000
10,000
-
28,164
-
-
20,000
99,070
27,094
154,327
75,543
Total Funds
July 2024
Total Funds
July 2023
£'s
£'s
-
-
0
0
Total Funds
July 2024
Total Funds
July 2023
£'s
£'s
-
28,875
37,500
45,157
4,965
-
-
5,794
6,264
18,880
12,900
13,845
982
1,618
62,612
114,169
216,938
209,406

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Youth Engagement Solutions Ltd Report of the Trustees for the Year Ending 31 July 2024

6
PROJECT EXPENSES
Customer costs
Printing/marketing/publicity
Pitch/venue costs
Project Direct costs/includes partners costs
Operational staff costs
Communications
Volunteer travel costs
7
GOVERNANCE COSTS
Independent Examiner
Charity/company Compliance costs
8
OTHER RESOURCES EXPENDED
Depreciation
H&S
Equipment (small items) & rental
Insurance
IT services
Mtce Costs
Utilities
Pensions
Fundraising costs
Management & Admin costs
Total Expenditure		 Unrestricted
Funds
£'s
-
488
1,375
8,769
22,230
737
-
33,599
Unrestricted
Funds
£'s
765
990
1,755
Unrestricted
Funds
£'s
2,446
182
2,744
1,404
965
2,970
7,110
3,131
2,668
36,208
59,828
95,183		 Restricted
Funds
£'s
-
-
1,000
15,866
73,221
82
716
90,885
Restricted
Funds
£'s
85
42
127
Restricted
Funds
£'s
-
-
111
156
83
330
790
4,106
-
16,646
22,223
113,234		 Total Funds
July 2024
Total Funds
July 2023
£'s
£'s
-
-
488
797
2,375
20,250
24,635
38,337
95,452
79,086
819
794
716
742
124,484
140,006
Total Funds
July 2024
Total Funds
July 2023
£'s
£'s
850
850
1,032
764
1,882
1,614
Total Funds
July 2024
Total Funds
July 2023
£'s
£'s
2,446
2,446
182
353
2,855
1,110
1,560
2,294
1,048
4,242
3,300
3,100
7,900
7,300
7,237
6,575
2,668
5,872
52,855
51,566
82,051
84,858
208,417
226,478

17

Youth Engagement Solutions Ltd Report of the Trustees for the Year Ending 31 July 2024

TRUSTEES

None of the Trustees (or any persons connected with them) received any renumeration during the period or were reimbursed expenses

EMPLOYERS AND EMPLOYMENT COSTS

Employees

The average number of employes (full and part time) persons employed during the year was 8

In addition we have used 4 freelance workers to deliver wellbeing activities, outreach work,training and professional skills

The aggregated emoluments were as follows

Wages & Salaries
Social Security Costs-employers contributions
Freelance workers & Partners		 For the year
23-24
For the year
22-23
£'s
£'s
111,029
98,666
29,736
11,354
26,245
3,163
167,010
113,182.18

No employees received emoluments of more that £60,000 during the year

9 TANGIBLE FIXED ASSETS

9
TANGIBLE FIXED ASSETS
Costs
At 1st of August 2023
Additions
At 31 July 2024
Depreciation
At 1st August 2023
Charge for the year
At 31 July 2024
Net book value
At 31 July 2024
10 CURRENT ASSETS
Debtors
Contryside Properties (UK Limited
LB Bbrent
Cricklewood Wanderers C.I.C
DWP-PPPK
Young Brent Foundation
Cash at bank and in hand
Bank Account
Cash
TOTAL CURRENT ASSETS		 Furniture and
fittings
£'s
1,472
-
1,472
490
490
980
980
Total Funds
July 2024
4,965
2,400
475
4,301
(7,500)
4,641
638
25
662
5,304		 Video &
photograpnic
equipment
£'s
692
-
692
231
231
462
462		 Equipment &
Computers
£'s
5,174
-
5,174
1,725
1,725
3,450
3,450
Total Funds
July 2023
-
1,260
-
4,301
9,600
15,161
2,471
215
2,685
17,846		 Totals
12,230
-
12,230
2,446
2,446
4,892
4,892

18

Youth Engagement Solutions Ltd Report of the Trustees for the Year Ending 31 July 2024

11 CREDITORS

Alfred Ekpenyong
B&CE Holdings Ltd
Big Dog Little Dog (BDLD)
Bob Kitchen
COPYBOX
CW C.I.C
Ewa Nowak
HMRC
JG & Associates
John Ferguson
OK Club Oxford Kilburn Youth Trust
Rachid Choaibi
Romario Hines Mcleod
Sara Jiwajee- Volunteer
Teckfrom Office & Computing Services
Vanessa Brown
Wembley FC
Total Amounts falling within 1 year
OTHER CURRENT LIABILITIES
Advanced Grants
TOTAL LIABILITIES
12 FUND ANALYSIS
Unrestricted Funds
Restricted Funds		 Total Funds
July 2024
£'s
2,580.96
630.87
8,300.00
2,668.14
6.94
4,250.00
1,900.96
1,857.72
850.00
350.00
1,000.00
528.50
-
101.50
39.00
-0.20
2,133.32
27,198
27,198
Total Funds
July 2024
-
-
27,198
As 1st
August 2023
-19,359
-
(19,359)		 Income
Resources
-
0		 Total Funds
July 2023
£'s
4,479.10
513.36
3,400.00
-
44.84
5,601.70
3,199.10
1,540.20
850.00
-
-
769.96
2,766.82
35.00
32.50
1,139.76
17,599.98
41,972
41,972
Total Funds
July 2023
125
125
42,097
Outgoing
Resources
As per 31st
July 2024
-
-10,837.06
-
-
-
-10,837

14 RELATED PARTY TRANSACTIONS

Three trustees gave personal donations to the charity during the year under review, which has been included under Voluntary Income -Individual donations totalled £1,200 of which £300 was restricted.

No other donations were received from trustees or related parties.

No loans were received from trustees or related parties during the financial year ending 31 July 2024

15 CONFLICTS OF INTEREST

Trustees followed the Charity Commission guidance in making decisions dealing with conflict of interest with adequate records.

19