REGISTERED COMPANY NUMBER: 02646433 (Wales) REGISTERED CHARITY NUMBER: 1163959 TradiD as Youth C Asbmole & Co Firsi Floor I St John's Court Upp¢r Fforest Way. Enteryjrise Park Swansea SA6 8QQ
The Welsh Associati of Youth Clubs Tradin &8 Youth Contents of the Financial Stst¢meDts orth Y En Imar h 2024 Page Report of th¢ Tnte¢S 1 14 R¢port of th¢ tndqxDdeDI Auditors 15 to 18 Statcmwt of Finon¢i81 A1vill¢S 19 Balance Sheet 20 10 21 Cash Flow Sthicmcnt Notes to the Cash Flow Statell*nt Notes to the Financial StatemeDts 24 to 37 Dclaild Staiemcnt of Financial A]y1¢S 38 to 39
The Welsh ASl8t10n of Youth Clubs Tradin as Youth rt of the Trustees for tb¢ Year ded 31 Marcll 2024 The trus$ who are also dircctors of the cbaTity for thc PUTPO8C5 of the Comp8nie5 Act 2(M)6* pre8eDt their report with the financial statemen¢$ of th¢ Charity for the year ended 31 Mar¢h 2024. Th¢ trus¢¢¢s hav¢ adopt¢d the provisions of Ac¢ountin8 and Reporting by Charities: Stsiement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable ID the UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AND AcfIviTtES Objectives 8nd 8im8 The charity operated during th¢ y¢ar from its r¢gi8tff¢d oftTic¢ in Tr¢for¢8t ID the nam¢ of Youth CyD]TU. The Objectives of th¢ chltY ar¢. for th¢ bcncfil of lh¢ public in Wal¢4 alone or in conjunction with othm, to help young people lo develop their physical, mental and Spiritual capacilies so that they grow to full maturity as individuals a¥ as mcmbers of society. in ordu that their nditIOn of lifc may k improved. Youth Cymru provid 8¢rvi¢¢s and support for the youth 3tor iu W81¢s. both direcily through its programnjcs. prOjts and activities. as well as tbrougb ils pannership work via or8anisaiional membership. Memb¢r8hip ranges from small voluntary sector organisalioDS to more exlensive ststutory sector services. Youth Cyinrn continues to work to support th¢8¢ 8rOU improv¢ their ¢tiVe0c$S 8nd ¢ncoura8iD8 thc forniation of new club8 and wup8. Durin8 this period it has operated io all 22 local authority areas of Wales workin8 toward8 drawing in additional sub81antial income and resourtts for the seth and providinB Vital pport to young people, youth workers and th¢ youth orwisation The Charity is fuDded from several sources including a graDt from the W¢lsh Governm¢nl whi¢h supports COTe charity activilies. Additionally. grants are received for 4)ecifi¢ projects and progr8mme$. SiflaOnaIIOnS. and trainin8 income. All money raised by or on beh81f of the Charity are applied lo further its charitable objectives. Sl8nltleallt Aetlvltlei. Ineludlng publle benefit The ¢rustees confwm that they bave complied with their duty in $tIOn 17(5) of the 2011 Cbarities Act with r¢gard to the Charity Cotnmission's general guidance on public benefii when reviewing the CPrI8 aiiiis and objectives in planning for future activilies. During thi8 year. the Charity has continued to provide services and opernte projects in accordance with the objectives set out in our Articles of Association. Page I
The Welsh Association of Youth Clubs Trndin as Youth C of th¢ Trustees for the Year Etlded 31 March 2024 ACIIIEVEMENT AND PERFORMANCE 2023-2024 has been a tran8fornMtive year for Youth Cymru. Dcspitc the cballeng¢8 P08ed by a Tapidly changin8 youth sector, we contitiued to empower young peopl¢ acro&s Wales. deliv¢ring impacthil prOjts and services that pron)ot¢ p¢rsonal groMth. ¢onMnunity engagement. and wellbeing. This rewrt outlines our key achievements, including the SUc$sl delivery of natlODal projects, expansion into new areas of worl and partnerships thai hav¢ ¢xt¢nded our rcach. (kn conunittnent to youth worK young ppIe,8 mental health. extending opportuDiti<8 to ¢nable skills develop01t for young people and professionals remain8 celltral lo our Inis8lOD, a& reflected in our diveT8e artiviti¢s over th¢ past year. Organlsatlonal Overvlew Youth CJinN's mission 18 to sUprt the holistic development of yOUttB people Across Wales, empoweritig them to rcali8e their full potential through a div¢rs¢ range of cr¢ativc. educational, atid p¢lla1 growih opportuniues. Our pro8ramme8 primarily target young pcoplc agd 11-25, with a strong focu5 on f081ering inclusivity. buildin8 resilience, and cultiV8ling Icadcrship. We place particular emphasis on youth mobilityy ensuring that young people across Wal¢s h8ve A¢$S lo enriching ¢xperienc¢s re8ardle98 of their ge0phiC or socio<¢onomic backgrounds. Through our youth work programmes, social action iniliatives, accredited qualifications. we empower young people to make meaning1 contributions to th¢ir ¢ommuniti¢s. Additionally, wc ar¢ comtniltcd to the professional developt?t of the youth workforce in Wales. offering accredited training and facilitaliDg national Detworking uP8. These platfornis enable professionals lo dcvclop and 8har¢ b¢$t pra¢lic¢s, ¢nsuring WDtiDuous improvfflncnl and hi8b standards in youth work across ¢b¢ nation. StrengtheDIDg Our PrMeD¢¢ In North aDd South E8t WAle• This year, wc have significantly ¢xlended and con801idated our p8¢n¢¢ in Wrexham and N¢wport, ¢xp8ndin8 our r¢ach lo me¢1 tb¢ 8pc¢ific needs of these communilies. By increasing our on-the-ground services and deepenin8 our local partnerships, we have been able to offer tsilored Support to young people facing social, fLnancial, and educational challen8es In theK re8ions. In Wrexham. 8tr¢n8ih¢n¢d collaborations witb or8anisations such as WCD Youn8 Carers and EYST, and in Newwt with Newport Youth S¢rvice and Urban Cir¢lc. knvc cnablcd us to deliver critical services, including access to sexual health r¢Bouw¢4 mental h¢alth workshops, and mlivc arts programmes. These efforts have solidified our role as a key provider of youth services across both North and South EaBt Wales, extending our ieacb to support marBinali7£d groups such as young ¢arers. asylum se¢k¢rs. and youth at risk of exclusion. Throu8b our Ancrcased preseA)ce. we have been able to Crea safe spaces, provide vital resources, and ensure that more young pcople iti these regions receive the support they need to thrive. In Newport. we have c00801idaled our prc8ence by actively responding to local need8, expanding our services to address the cbAll¢n8es faced by young people in the region. Through collaboration with local youth groups and seryices, We delivered social action projects. ¢mployability WOTkshop8. and mtiv¢ development prOaMS that help youog people build confidence. develop skn'lls. and access opportunities they may not have otherwis¢. Our WQTk in N¢wErt bas beets driven by a commitment to understanding the 8pecific needs of the community and ensuring our programs are accwible. impactful. and respon$iv¢. Expndlng Impact And Ellbinelllg Servie Througb these expansions . Youth Cymrn has not only incr¢as¢d its g¢ograpbi¢al reach bul has also ellhanced the scope and quality of seryices offered to yowig people. We are cornmitted to ensuring that no young person in Wales is left behind, regardless of their location or circumstances. By working closely with comDiuDity partners and leveraging our national n¢twork of ov¢r 400+ youth 8ector members. w¢*e been able io promote our projects wid¢ly and ¢nsur¢ that our prowmcs fcmaiD Tel( [c5FSive, and impa¢tfvl. Pa8¢ 2
The W¢]sh A&sociati Trndin 89 Youth fyouth Re rt of the Trustees for the Year EndeAI 31 March 2024 Looking forward, our focus reti1 on decpenitig the8c ¢ommutsity ties and cotstitsuing to our prescn¢e in underserved aT¢a4 en8uring that all yowig p¢opl¢ in Wal¢8 hav¢ th¢ ijpportimity to thTiV¢. Key A¢hlevements 2023-2024 l. SecurlDg Fundlng and EIpaDdlDg Projects This year, one of our primary objectives was to seawc significant fundin8 to not only sustain but also expand our ongoing project8. These fimds were 8uategi¢&lly dir¢¢ted towards iDi¢ialiv¢8 focused on promoting ¢qualily> diversity, digital inclusion, and overall wellbeing foT young people across Wales. Through the ge))erou8 SUPPOrt of various funding b(Kii¢s and partners. we w¢r¢ abl¢ lo a¢hi¢v¢ s¢veral key miles¢ones. each contributing to the emEKJwernient and development of young people. Some notable highli8hi8 include: - Equality. Diversity, and Tnclu8ion.' In collaborntion with Plan UK. we delivered impactful work9hops aimed at addressing problematlc gender behaviours, particularly among young boys. These workshops focused OD breaking harn)ful slcrW¢>es. promoling healthy masculinity. and fost¢ring resp1 and equality in peer relatiotssbips. By ellgIng young people discussions around gender equity. we provided a safe space for reflectlOD and leaTDiDgJ equipping participants with the skills to challenge socielal Dorms and eDcouragc tnorc inclusive bebaviour in th¢ir nIoU111¢& - Digitsl Inclusion: ReLogni8in8 the Browin8 lm7rtan of digital access, we launcbed a series of initiatives aimed at bridging the digital divide for disadv8t)tsged young people. Tbrough our Vodafone SIM card initiative, we provided hundreds of young people with free data and devices, enabling ihem to participate iti onlinc Icarnin& apply for jobs, and stay llnted with ¢ss¢ntl81 s¢rvi¢¢5. By off¢ring th¢s¢ r¢sour¢¢s, w¢ ensured that young people. especially those from low-income backgrounds, bad the necessary tools to thrive in an in¢T¢asingly digital world. - Hc81th and Wellbein8: Supportin8 the mental health and wellbeing of youn8 people remained a top priority throughout the year. In Wrexham, our Wellbeing Workshops focused on using art as a tberapeutic tool, helpin8 youn8 p¢opl¢ exp$9 their emotions and CO with th¢ 3tr¢w$ of daily lifc. Th¢sc work5hop$ provided a creative outlet where participants could explore various mediums. including painting and drawing. in a supportiv¢ group setting. Following the suc$5 of these sessions, we plan lo expand the PrOan)J¢ to introduce new forn)s of cr¢ativ¢ thuapy. such as pouery and Ulpe. offeriDB even mor¢ diverse ways for youn8 pwple to en8a8e in self-caTe 8od emotional expression. Throu8b tbe8e initiative8. OUT ability to s¢cur¢ vitsl fuDding not ODly allow¢d u8 to maintain th¢ high standard of our exlsting programs but also to our Services to reach more young people ID need. By ¢xpaoditig th¢ swpe of our projects, we continue to p18y a crucial role in promoting equality? bridgin¥ the digitul divid¢, and supporiing th¢ mental bedth and wellbeiDB of youn8 people across Wales. 2. Youth P*rtlclpadon Ind Leadenblp Ikv¢bpment Youth Cymru remains deeply committed to fosl¢rin8 youth leadership and ¢0ragIng octive participation in decisionvmaking proces5e5. This year. we made significant strides in empowering young people to take OD leadership roles and infiuenc¢ iM)th our organisation's direction and their ov4n communities. Our focus on youth parti¢ipalion has nol only aDwlifi¢d tbe voi¢¢s of young people but has alw provided then) with valuable 5ki115 and ¢XEKrIcDS to 5UPPOrt t1r w50nal and prof¢58ional growth. K¢y acbievemeots include: Page 3
The Welsh Association of Youth Clubs Tradin asyo Re rt of the Trustees for the Ycar Ended 31 Marcb 2024 - Llais Ifanc: ckn flagship young lead¢rs' 8roup. Uais Ifao¢. expericed si8ttifi¢ant wwth this year with the addition of l5 new membeT4 bringing the totsl to 27 active participants. Thes¢ young lffdd¢rs play¢d an integryal role in driving youth-led social action project4 addr¢ssin8 key issucs such as climate chang¢, mentsl health, and social justice. Beyond leading comunItY-b4sd initiatives, members of Llais Ifanc were al80 actively involved in shaping organi7AtIOD'S gov¢rn8n¢¢. ensuring that youth perspectlV¢8 were represented al th¢ highest levels. Their coutributiODS bavc bccn instnunental in eDhancing the relevance and impact of our work and their leadership continues to inspire their peers and communities. New Trnstees: We are proud to have welcomed two new trustees to our board this year. Thes¢ appointments mark an important step in ensuring that a broad ran8e of perspectives. iDcludin8 those of young people. influence the strate8ic direction of Youth Cymrn. The inclusion of these new trustees bringg frc8h insights into our governance discussions. with a partIlar fo$ on enhancing youth services. expandin8 community engagem¢nL and drivin8 orgonisational development. By integratin¥ new voices into our leadership Structure, we arc fosicring iDclusivily while ensurng the ODgoinB growth and relevanc¢ of lh¢ OT8aDILqtion. Youth Academy Partttership: tn an exciti118 collaboTatjOD with the National AdemY for FAiucational L¢ad¢rship. wc launched the Youth Academy Partnership. wbich focu8es on bridging the 8ap between youth work and fortnal ¢duca(ion. This initialive provides young people with leadership and professional developrnenl opportunities through $tTu¢lw¢d youth work inte8rai withiD educational s¢tti088. Participan18 cn8a8¢ in a ran of a¢t7Vities, from leadersbip traiDiD8 to meDtorship• empowering them to tske on roles of responsibility within their schools and communities. This p8rtnership not only ¢Driche8 th¢ personal developrnent of younB p¢opl¢ but also hi8hli8his the vital rolc youth work p]ay8 in supportin8 educational outcomes and fosterin8 well-rounded leaders. Through th¢$e initiativcs. Youth Cymru continue8 to culiivat¢ a culture of youth participatlOD and leadersbip, wbere youn¥ people are empowered to make meaningful contributiODS to boih their commuDilies and our organization. By offLYing opportunities for leadershipj governanc¢ involv¢mcnl. and PTofe8sional development. w¢ ar¢ ¢quippin8 the nexi g¢aerfjtion of Icader8 Witb the 8kill4 confidence, and 8UPPOrt th¢y need to thrive. 3. Employment, Sklllg, and Llfe Skllll Development Youth Cymru remains 8teadf&st in its commiLm¢nl to cnh8ncin8 ¢mployability. life 8ki118. and the personal development of young people acro&s Wales. By offeritig tsrgeted trainin8 accredited qualifications, and innovative projects, we are empowering young people to gaiD the skill4 confidence, and experiences DeedpJJ to thrive in boih their personal ond prO£S1Onal liv¢s. Thi8 year. we exceeded our targets and saw rnarkabl¢ progtt85 in ycvcral key areas: - AccreditatlOD and Training.. We successfully delivered: 228 Youth A¢hi¢v¢m¢nt Award$ (YAA) and 667 Agor Cyll)ru qualAfication8. far surpassing our initial expectations. These qualifications provided young people with fornthl recognition of their skills and achievement4 Vering a wide Tange of topics such as leadership Cottimunication. teamworK and community involvem¢nl. By ¢aming th¢se cr¢diis. parti¢ipants Dot only Improv their employability prospects bul also built the coofidence to take OD new challenges ID their personal lives and within tbeir communities. The success of these accredited programs highlights Youth Cyinru's role as a leader in youtb developmenL offering pathways that are both aCCesl)Ie and impactful for youn8 people from diverse back8rounds. Pag¢ 4
The Welsh ASlatiOn of Youth Clubs Tradin a8 Youth rt of the Trustees for the Year Fded 31 March 2024 - AVOW Youth Podcast: One of our standout projects this year was the AVOW Youth PodcasL a youth-led initiative designed to give young people a plarforn] to explore and diKuss issues important w them whil¢ developing media and communication skills. Througb hands-on trdiDing, participants learned thc entire PTo¢ess of podcast ¢r¢alion. from r¢S¢8h and $IptWr1IinS lo editiog aod production. Th¢ podcast ¢ov¢r¢d a wide ran8e of topics, iticluding the experiences of young ¢arer& youth wellbeing. mental health. and social issu¢s r¢l¢van¢ to th¢ir pe¢rs, Thi5 proj¢ct Dot only provida valuable mcdia skills but also fost¢r¢d a s¢nse of ownership and en)powernieDt, as participants wffe able to raise awaTelle85 and gage thetr communities ID important CODver6ations. The AVOW Youth Podcast bas be£ome an inspiring example of bow crcativc plaiforn]8 can bc used to develop both technical 8ki118 aod 8elf4xpre88ion amoJ)8 YOUD8 people. - EmploJineDt and Lif¢ Skills D¢v¢lopm¢Dt: tn addition ¢0 forn7 qualifications and ¢r¢ative initiatives, we continued lo offer workshops and support prowmes aimed 8t enhan¢in8 key life skills such as financial literacy job application lechniques, and interview preparation. These workshops were de5igtsed to equip young people with practical tools for enl¢rin8 the workforce and tnana8iD8 their personal liv¢s more effectively. Participants were provide41 with guidance on creating CVS, preparing for inleTview5, aDd building r¢silieDce in the fac¢ of job market cballenge$. By focusing on both ¢mployability and e8sential life ski118, we bave beett able to offer young people a holistic dev¢lopnyeDt expeTience, ensuring they ar¢ wcllr¢paT¢d for th¢ Through our accrediied proarnMe9. creative projects like the AVOW Youth Podcast, and life skills worksbops, Youth Cjiivu CODtinues to make a tangible difference in the lives of young people. We are committed lo providin8 OPPOrtunilies that not only enbaDce employability bul also foster p¢rsonal 8rowth, resilience, and confidence, eDsurin8 that young peL)ple across Wal¢s are equipp¢d with the skills they nccd to su¢ceed in all aspe¢ls ofiifc. 4. Str•tegl¢ Partneriblps Ind Collabora¢loDI The success we've achicved this ycar is largcly a Tesuli of the robu51 strategic partherships and collaborations we've fostered with key organi8ation8. Th¢8¢ par¢nership8 hav¢ allowed us to ¢XP8nd our Teach. enhance our resources, and deliver critical services lo mar8inali8ed and at-risk youn8 people acro38 Wales. Some key partnerships tbat eODtribuled to our impact include: Principality Building Socicty. Their support played a pivotal role in enhancing the fa¢ilili¢$ and resour¢¢8 available to marginalised young people in Wales. By fidill8 initiatives that improved Physic and digitsl infra5tructur¢. w¢ wcre abl¢ to ¢r¢at¢ mor¢ inclusiv¢. safe spa¢¢$ where youn8 people Can access educational rc80urce4 wellbcin8 SUPPOrt, and personal d¢velopmenl pro8rams. This partnership has been instNJ)ental in ¢nsurinB that even the most vulnerable youth have the environment and tools they need to succeed. - Nationwide Building Society: Our coniioued partnership witb Natiotlwide Buildin8 Socidy supporta th¢ growth of the Aspiring Champion5 Project, a programmed aimed at helping at-risk youth transitioning out of custody. This proj¢¢l fo¢uses on retDte8ralion. offering menlorsbip. skills dev¢lopmeDt. and emotional Support to youn8 people as they re*nter soci¢ty. Witb Nationwid¢'s bAcking. we¢ been able to expand th¢ scope of the project, reaching more participants and providing them with tailored resources to foster resilience. build lif¢ skills. and r¢du¢¢ th¢ likelihood of r¢off¢nding. Tbis collaboration r¢main5 a orner5tou¢ iu our ¢ffoTts to addr¢s8 youth crin)¢ pr¢v¢ntion ond support r¢habilitstiou. Pa8¢ 5
The Welsh Associatiot) of Youth Clubs Tradin as Youth Re rt of the TTUStee8 for th¢ Y¢8r Ended 31 Mawh 2024 - Garfield Weston Foundation: Funding from the Garfield Weston Foundatlon enabled us to significantly expalld our work in North Wales, p8rticularly by facilitatin8 Slrntegic partherships with organisa¢ions lik¢ WCD Young Carers and the Ethnic Youth Support Team IEYST). These collabordtiotts allowed us to deliver es8enlial. targeted Services to vulnerable young people. including young arylum s¢¢k¢rs, and ethnic minority youth. Key initiatives supported through this fuDding included access to sexual health Services, wbich provided critical education and resources for tDaintaioiDg safc aod bulthy lif¢styles, and digital inclusion support, which helped young people bridge the di¥ital divide by equipping them wilh device8 and int¢rD¢¢ ac¢¢ss for cducatioo and ¢JnployD)cn¢ opportimities. Additionally* we were able to offcr speci81i7£d workshop5 focused on mentsl health, wellbeiDg> and Icader8bip developmen4 tailored to the unique needs or Ih¢s¢ marginaliz¢d groups. S¢wGIM)d tnitialiv¢: A major higblitht this year was the SewGood Project, which provided accredited 8ewin8 and upcycling work8hops to young people aged 11-25. The workshops offered participants opportunities to develop new 5ki11s, gain qualifications. and build resilience and problem-solvin8 abilitie5, By brinBin8 youn8 people 108ether in mtiv¢ activities, we promoted wellbeiDg and encouragcd self4xpression. particularly for those living in financial deprivation. young Car8. POC ¢ommunitlC8, asylum s¢ek¢rs, and th0 at risk of ¢xclusion from education or itivolvement wilh th¢ criminal jusli¢c system. Through the8¢ partD¢f8bip$. We en able to extend ihe breadth and depth of our services. ensuring that young pcoplc across Wale8 have access to the resources. 8uidance. and support th¢y n¢¢d to ove0¢ challenges and achieve their potential. Our coll8borniive approach not only amplifies tb¢ impact of ¢aclL projecl but also reinforces the iMrtanCe of a collecliv¢ effort in supporting youth developm¢nt alld empowerment. 5. Settor Leaderiblp and Reprtteotatlo Youth Cymru conlinu¢s to play a pivotsl role in 8hapin8 th¢ landscape of youth WOTk policy and 8¢rvice8 across Wales. Through aclive cngagem¢nl in slralcgic discussions. nalional conf¢ren¢¢s. and s¢¢tor-wid¢ iDiliaiiv¢s. we ensure ihat the voices and DeeAJs of young people are represented at every level of d¢¢15ion-makin8. Our l¢ad¢rship ulcnd$ across a variety of platfornis. higblighting our ongoing commitmettt iDnovalioD, excellence, and the development of forward-thinkth8 youth services. Key hi8bli8bts from thi8 yw include: - Youth Work Excellence Awards: Youth CytDru twk an active role in 8hapin8 the futur¢ of youtb work by participating in the judging of the Youth Work Excellence Awards, which ¢elebrute innovation and outstanding 8¢hieven)¢nts within the sector. By rc¢o8nizin8 and promotinB best practices, we helped shine ligbt on pioneering programme8 and individuals wbo have made a tangiblc differ¢nc¢ in the liv¢s of youn8 p¢ople. This involvement Dot only reflects our commitment to higb staDdards in youth work but fllso sitions us as key contributors lo the CQDtinuou8 improvcJ))enl of servi8 Wales. - Strategic Youth Sector SupiM)rt.. Over the past year. Youth Cymru has eL)lltinued to play an active role io strategic m¢¢tin88 with the W¢l$h Governmeot and a broad range of parttker organisation5. As a nalional voluntary voice for young people, we have been instrumental in brid8iD8 the 8ap between policyiDakers and the real-world experience5 of youth across Wale5. These mectings have provided us witb Valble opportimitles to iDflu¢nce and shape th¢ development of natiord policies on key issues such as digital safety. youth mobility, mental health, and educ81ion. Pagc 6
Th¢ W¢lsb A&sociauon of Youth Clubs Trndin as Youth rt of the Tntst¢es for the Year Ended 31 March 2024 Our iovolvcment ettsures that policy discu&8ions are itifornieA by the liveA experiences of young people. allowing us to advocate for practical solutions that meet their needs. We have been parti¢ularly influential in advan¢in8 iiiiliativcs focused on digital literacy and onlitie safety, belping to create frameworks that protect young people while ProDtIllg equitsble access to digital resourc¢5. Our work in thi5 area highlights th¢ importance of Msurin8 all youn8 peopl¢. r¢8aTdless of backwund. are equipped with the tools they need to succeed in an in¢rwingiy digital world. Additionally, our contributioos io youth mobiliiy developments iti Wales as part of our Cross Nations Partnership have been critical in ensuring that young peopl¢ a¢ro$s Wal¢s have a¢88 to th¢ same opportunitie8 for Ucation, personal 8roWI and employmenL regardless of their 8¢08raphi¢ lo¢ation. Through these efforts, we CODtinue to demonstrate the vital role of the voluntsry Sector in shaping policies that reflect the needs and aspirations of youD8 people. ensurin8 their voices are central to the de¢ision-makiti8 process.our unique position as a 00ts or8anisation, working directly with young people, has allow¢d us to bring Practi1. on-th¢-grouod insights to poli¢y diKussions. ensuring that th¢ voices of youth are not only heard but are a( the forefrottt of decision-makin& Our leadersbip in areas such &8 digital literacy and ODline safety ljas been particulaTly impactful, contributln8 to the CTeation of frameworks that prole¢t youn8 people in th¢ di8i¢al age while a180 promolin8 Ibeir digital inclusion. Thes¢ efforts reflect our comtnitmcDI to cn8ufiD8 that all young pcople, regardle&8 of their SOCiOryeCODomic background or location, have access to safe attd equitsble opportUDitI¢8 for ¢dation. P¢Tsonal grgwth, and employment. Our work on youth mobility policy has b¢¢n instrum¢DtsI ID shaping stral¢gics that PToinot¢ equitabl¢ lo opportunities for you0¥ people across W41¢s. P4rti¢ularly tbosc in nwal or nwginalized ¢on)muniti¢s. By leading best PTaCtice in these discussions, we have hel create a policy ¢nvir(Inm¢Dt that supports young people in overcoming barriers to mobility. ensuring they can fully parti¢ipal¢ in cdu¢ational. social. and employment opportunities. Through our leadership. we have demonstrated the vital importance of the voluntary sector's role in inforniin8 and shaping policy. actin8 &8 a bridge between young people's lived cxpcri¢n¢¢s and the stral¢w¢ objliVeS of national poli¢ymakcrs. This ensure8 that fiitur¢ polici¢s are Dot only effective but also tsuly r¢spoDsive to the needs end aspiratiotts of the youth we serve. - Youth Work Conferenc¢: Alihou8h th¢ Youth Work Conf¢r¢DCC wa8 postpon thi8 year. our commilment to 8C¢tor leadership and knowledg¢-sbarin8 remains unwavcring. We Continue to p18n and preparc for future workshops and conferences where we aim to fosler collaboration among youth workers, educ&tOTS. and policymgkers. These 8ath¢riDgs will provide a platfornl for ¢x¢haaging ideas. exploring innovativ¢ solution$, and 8barin8 best practices that can enhance the effecllveness and reach of youth Services across Wales. In particular, we are focused on leading discussiolls around inclusivity, m¢ntsl h¢alth supFwrt, and digital ¢ngag¢m¢nt. ensuring that the sl0r remains responsiv¢ lo th¢ ¢volvin8 nea8 of young p¢opl¢ in P08t*aDdemi¢ world. - Repr¢8¢nlation in K¢y N¢tworks'. Youth Cymru's leadcrship ¢xt¢ods beyond national policy and ¢v¢nts, a8 we actively represent th¢ youth sector iti several key networks amd workkng 0UP8. By participating in cross-seclor collaboratioD5, we ensure that youth service8 remain connected with broader societal goal4 such as reducing inequality. promoting sustsinability, and fostering wcial justice. Our representation in these networks allows us to advocate for the rights and needs of marginalized yowi8 people while contributing to a unified vision for the fvre of youth WOTk iti Wales. Through our 8¢clor l¢adership and rcpr¢s¢ntation. Youth Cyn)ru cootinu to drive positiv¢ ch8ng¢. ¢n$uriDg that young people arc not only h¢ard but a180 ac¢iv¢ly sbapiDg th¢ policie5 and servic¢s that impact their lives. Our proactive engagement with governmellL p8rtDers. and tbe broader youth work comn)unity deOnStrateS our ongoing commitment to advancing the sector and improving Outcomes for young people across Wales. Pa8e 7
The Welsh Assrtiation of Youth Clubs Tradin syouthc of the Trnstc¢s for th¢ Eded 31 March 2024 6. Youth PArticipatioll and DecisioD-MAking Youth r¢Duins d¢¢ply ¢ommitted to eLDbedding youth participation at the h¢art of our organisat?ODal proc¢8se4 cn5uring that yOUDg pcoplc play an active role ID shaping the service5 and policics that affect their lives. By croating meaningful opportuDiti¢s for young peopl¢ to ¢Dg8g¢ in dl$lon-llJaklng. w¢ empow¢r them to influ¢nc¢ cbanBe and bccomc lderS iti their ¢oJnmunitie8. This year, we made $i8llifi¢ant progress in arnplifying the voices of young p¢opl¢ a¢r088 Wa1¢8. with 8¢v¢ral k¢y initi8tiV¢8 driving thi% forward: - Youth Hustings Evertts: We succe8sfully organised highly impactful Youth Hustings events, one in North Wales and the other in South Wal¢s. providin8 youn8 p¢opl¢ with a plaiforn] to cngage directly with local d¢cision-mak¢rs. These events allowed participants to ask critical question& voice their concerns, and iDfluen¢¢ dIUs$10nS on th¢ futur¢ of youth scrYi¢es ID th¢ir r¢gion5. Th¢ hustings ww¢ particularly efflive in brid8in8 the gap between young people and policymakers. foslcritig a ter undcrstsnditi8 of the i$8ues thal matteT most to youth, including mentsl health suppor4 educational opportunities, and 80cial justi¢¢. Th¢ events also provided valuable tnsighis for local authorities and youth smi¢¢ providu8. ¢nsurin8 that young people's perspectives 8re Considered in planning and serYi¢e delivery. Consulialion with 'Hard40-Reach' Groups: Reco8nising the importance of inclusivity. we conducted extensive eonsultatiolls with over young pwle from marginalised and 'hard40-reacb" commullities. ¢onsultalions includ¢d fu8 groups. roadsbows. and ¢arg¢¢cd outreach cfforts ¢0 ¢D5ur¢ thal youTh8 people from diverse backwundg-such as etbnic minorities. young carers. LGBTW youth, and those facin8 Sl0conOMiC chall¢nges-w¢r¢ r¢pr¢s¢nt¢d. By ¢Dga8in8 wilh thc8¢ 8roup& wc ¢nsur¢d that th¢ir uniqu¢ xperieoces and needs were not only hcard but also inle8ralcd inlo our futUTe plaDnin8 and service dcvclopmcnt. The fccdback gaihcred from these consulthiions has directly influenced our 8tralegic priorities, 8uidin8 US to dev¢lop mor¢ ac¢¢&8ibl¢ and inclusiv¢ services thal ler lo th¢ mosl vuln¢rable young p¢opl¢ in Wale8. - Youth-Led Governance: In addilioo to or8aoisiD8 events and con8ulthiion8. we furtber strcn8thcned our commilmenl lo youth participalion by embeddiDg young people into our governance structures. This year, young l¢ad¢rB from our Llais Ifanc group played a key role ID contributing to our deci8ion-making proce88es, offering fresh p¢rspecliv¢8 on our poli¢iw proj¢¢ls, and or8anisational dir¢¢tion. Their input has been invaluable in ensuTing th81 Youth cTu remains responsive to the evolving needs of young people. By Inteating young voices into every level of OUT work. from program design to Strategic planning, we contlllue lo uphold our mission of youth-l¢d dcvclopment al Icadersbip. Ongoing Engagemenl and Feedback Mechan1$n. Beyond forn)al ¢v¢nts and consuliations, we hav¢ cstabli8ba ongoing fe¢dba¢k tt)e¢Fthnism8 mainlain a coniinuous dialogue with young people. Through online survey4 social media enwd8em¢nt, and regular check-ins with youth participants, we have Created multiple channels for young pwile to share thetr thoughts and ideas. This feedback loop allows us to stsy agile and responsivc. eDsufin8 tbat our programs r¢ll1 rclevant and impacrful. youn8 p¢opl¢ arc not only contributors to these conversations but are also empowered to take ownership of proj¢cls, foslering a great¢r s¢ns¢ of ag¢n¢y alld leadership within thcir communiti. Through these initiatives, Youth Cymrn has reitiforced its commitment to ensuring tb8t young people are at the centre of our decision-making processes. By providing platfOrn for dialogufy actively seeking the voices of marginalized 8roups. and ¢mbeddin8 youth participation ID our governance St¢tur¢s. we continue lo lead the way in fostering an inclusive and youth4riven approach to shaping the future of youth 8ervice8 ill Wale8. Page 8
The Welsh Association of Youtb Clubs Re rt of the Trnstees for the Year Ended 31 March 2024 FtNANCIAL REVIEW Fln8neial po8itloll The results for the year and fiiianclal position of the Clwity are as sbown in the annexed financial 8tatements. The net surplus for the year amounted to £13.014 (2023 deficit £44.IKJ7). A surplus of £21,808 (2023 deficit £38.590) is attributed to unrestricted fimds and a deficit of £7,994 (2023 - £5,135) to TC5trictcd fimd8. At 31 March 2024 the balance on the unrestricted fund8 amoullted to £472,123 (2023 - £45I.285) and th¢ balance on the r¢stsi¢ted fimds amounlcd to £20.441 (2023 - £28.265). PrlnclpAI fundln8 8ource9 During the y¢ar th¢ Charity was 8wth¢d funding of £95,958 {2023 £90,486) by the We18h Government. in relation lo the National Voluniary Youth Organisalion$ (NVYO) Grant Scheme. The Award PTovide8 core funding• lo help it to Continue to achieve it8 tnain charitsble objective8. Durin8 the year. the Charity was awarded funding of £51250 (2023 £40.028) by Th¢ Co Op Foundation, to provide youth group$ acro Wales with opportunities to work iogether to reason and identify need8 Witbio their cotDmunitie& Durin8 the year. th¢ Charity was award¢d fullding of £35,768 (2023 £20,() from the Youth Emdowment Fund. The Youth Ettdowmenl Fund Supports prown)mes and ¢otllmunity partnerships across En8land and Wales working with children at risk of bcing drawn into crime and violence. and builds up knowl¢d8c of whal work5 w prev¢nl that. DurinB the year, the Cbarity was awarded fullding of £76,310 (2023 £85.312) from UK Youth. The funding was provided to carry out various projccts durin8 th¢ year including Inspire and Be Iniernet Citizcns. During th¢ year, th¢ Charity was awarded fuDding of £40,OCKJ (2023 £nil) from Garfield Weston. The funding was providd to Cxpand work in North Wale8. lo d¢liver e$sential tsrgeted services to VUDerable young p¢opl¢. During the year. the Charlty was awarded fundin8 of £30.0 (2023 £Dil) from Nationwide. The funding was provided to support the growth of the aspiring champion5 proje¢L a project 8in)ed at h¢lpiDg al risk youth transitioning out of ¢u8tody. Pag¢ 9
The Welsh Association of Youth Clu Tradin as Youth C rt of the Tnte¢S ftir the Year Euded 31 Mtrch 2024 FINANCIAL REVIEW Roservu policy Youth Cymru's policy is to maintain a prudeni level of r¢8¢rves in order ¢0 fuDd any def11 and to meet Unexptea outgoing3. At th¢ ¢nd of th¢ year the Association's total reserves amounted to £492,564 (2023 £479,550). However, of this, free reserves amounted to £197,158 (2023 £180,039) Tbe Fixed Asset FuDd of £235,187 (2023 £241,714) represents the Det IM)ok value of the ABsociation's fixed assets held in property. This is repTesented by the property from which the Association operates. All red a88¢ts orc used for operational purposes in pursuance of the A8SOCl&tiOn'5 clwitabl¢ activities. Th¢ value of the fund could only be rcalised by disposing of the Association's property. Whilsi this would provide fund8 in the short tern) that could be used to fiwther the AssocialioD'S objectivcs. il would al80 result in an incTcase in operational costs, becau8e of the resulting need to leage premis¢s. Th¢ Tru8t¢¢6 do not consider Ihis to a wis¢ usc of ils rc80urc¢s. Reserves amounting to £35,311 (2023 £23,580) have been dcsi8nated for future work lo be carried out in re8pecl ofthe Agored Accreditation and Youth Achievement Award Trainin& R¢Stri¢l Funds al th¢ end of tbc year amounted to £20,441 (2023 £28,265). Further details are given in note 19 to the financial statements. Page 10
The Welsh A&w)ciatioD of Youth Clubs Tradin Youth C R¢ rt of the Trustees for the Ended 31 March 2024 FirruRE PLANS As wc look to the future. Youth CYM is conuDitted to building on th¢ mom¢ntum we¢ estsblished acro88 Wale4 particularly iti Wrexham and Newport. This year, wc bave been dili8Ctttly d¢veloping a new *Yiv¢-year stral¢gy ** . which will bc launch¢d in 2024. This strategy ha5 been shaped through extensive consultation with young people. community members. and s¢ak¢holders a¢ro&s th¢ youth sector. We have ¢naged in inthpth discussions tt) id¢niify th¢ ¢vol147ng needs and aspirations of young people in Wal¢ ensuring that our future dIrtIOn is guid by thcir voi¢¢8. Our n¢w strat¢gy will fo¢us on ¢xpandiD8 our youth work program& strengthening partnership&. and creating innovative initixtivcs ihat address key chall¢n8¢s such as mentsl health. social exclusion. alld employability. We will Continue to offer creative. inclusive OprLItieS foT young people to develop leadership skill8, resilience, and a sense of cotnmunity. By leveragia8 our 8rowin8 n¢tWOTk of over 300 partn¢r5 and our established presence in key areas. we will ensure that all youn8 people in Wales have Acces8 the 8uppor¢ and rcsourccs thcy ned to acbi¢vc their fvll tentIal. W¢ are ¢xcited to launch this 8tr8tegy in 2024 and embark on a new chapter, which will guide our mission aod wwth over th¢ nexl five year5. furthcr ¢tww¢rin8 youn8 p¢opl¢ and cr¢atlll8 lasting positive change acro$8 W&lea. 2023-2024 has been 4 year of growt collaborntion, aDd inDOV8tioD for Youth Cyinru. W¢ bav¢ ¢x¢¢¢d¢d many of our goals, delivering impactfvl projttts that have supported young people acros8 Wales. Our work in Wrexbam, Newport. and beyond has been strengthened by invaluable partnerships, allowing us to ¢xpand QUT reach and provide critical support to somc ofthc most [rrgin8]lSed communities. We have embraced new opEUnItie$, deepened our partnerships. and r¢Snded lo th¢ evolving needs of young people with resilience and CTeativity. Our a¢hievemenlS this year. from deliv¢riD8 accredited qualifications lo fosterin8 leadership through social action. are just the beBiDning. As we look to th¢ futur¢, w¢ are ¢xcit¢d to launch our new five-yeaT Strale8y in 2024, whicb will guide our mission and growth, ensuring that youn8 peopl¢ a¢ross Wal¢s hav¢ th¢ rcsourccs and opportunitie$ they need to tbriv¢ in an ever-changing World. Together with our parthcrs. stAtf. and the incredible youn8 people we $¢rvc. we are ready to build on this succe&8 and continue making a lasting Positive impact across Wale8. The fulure is bri8hi. and we are excit for what's to com¢. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng doeumeDt The chllrily is controlled by its 8ovemin8 dmenE a deed of tN8t. aDd ¢onsti¢ules a limited companyj limiied by guarAtttee, as defild by the Companieg Act 2006. The Charity is operdta in accordance with ils MemoraDdum and Articlc8 of A88ociation. which were last am¢nded OD 14 March 2015. It is registered as 8 Charity with the Charities Commission. Th¢ Board of Trustees has ultin)ate r¢qx)Dsibility for th¢ manaB¢ment and funCIal matters of Youth Cymrn. R¢¢rnltm¢nt and appolntment of new trustees As set out in the Articles of Association. one third of the Tnte¢S must retire annually. They may be re<lected. Trustees may be elected at the Annual Genctal Megting of tb¢ Board or Sp¢¢ial M¢¢ting called for that PUTP05e. The Articles of Association also ern)w¢r the Board of Trustees to appoint any men)ber of Youth C)rynru as a member of the Board by way of addition to the Board. Nominations to the Board of TTUSt¢e5 are from within the serving membeTship of the Executive Committee. Pagell
The Welsh Association of Youth Tra in asyo lub$ rt of the Trustees for thc Ycar Ended 31 March 2024 STRUCTURE. GOVERNANCE AND MANAGEMEIYT Organl8atloDal stru¢ture RestM)nsibility for the day to day nmning of the (k88nisaiion is dclegated as appropriate the Joint Chief Ex¢cutiv¢s. Member8 of the Board of Trustees, who are directors for the Purp of the Companies Acl and trte&S for th¢ purposes of charity law, who s¢rveAI during th¢ y¢ar, arc lis¢ on page 13. The Board of TTU8t¢e8 meets on a regular basis to tak¢ dlS1on8 on b¢balf of the Charity. Recommendations in re8pect of financial and staffing n]ade to the Board by a sulKommittee - The Resources Committee - which is chaired by Anthony Hill. Indu¢don ind tralnln8 of nw truite8 New tni8tees are directed towards 8uidan¢¢ ISSU by The Charity Commission and provided by a b¢spok¢ induction prOallle dependin8 on individual experience and D¢¢ds. Wlder network A8 one of a number of voluntary or8anisalions providing services in the youth sector in W8lc8, thc Gharity works olon8sidc, and cooperates with. a variety of other statutory and non-statuary b¢)di¢s. It al80 belongs io Dumber of umbrella orgaDisation4 iDcludiDg the Council for WAlcs of Voluntary Youth Service8. Many vicu aT¢ provid¢d to. and run in njUnction with. the Statutory Sector, especially local authorities. Youth Cymru also works in parln¢r$hip with Similar organisation8 in the other countries of the UK and the Republic of Ircland. includin8 UK Youth. Youth Scotlan4 Youth Action NoTth¢rn ]reland aDd Youth Work Ireland. Rlsk management The trustees bave a duty to identify and review the ri8k5 to which the charily is exposed, and to ¢nsur¢ appropriate control8 are in place io provide reasonable assurance against fraud and eTror. During the y¢ar. th¢ Board bas reviewcd each of the charity$ operatioos and a¢tivities as part of an overall risk a8sessment &pproa¢h. All D¢w ven¢ur¢s are appraised on the ba8As of si8ttificant risks being idenlified, with policieB and procedures pu¢ into pla¢¢ to miDimi5C such risks. As mentioned above. decisio0$ ar¢ tsk¢n by the Board of Trusttts, which meets on a r¢gulaT basis, having laken appropriate re¢omtnendations from the Resources CotDmittee. REFERENCE AND ADMINISTRAT]VE DETAILS Reglstcred Company Dumber 02646433 (Wales) Re¥iBtered Charlty nmmber 1163959 ReElJ¢ered office Unit D Upper Boat Trading Estate Treforest Mid Glamorwi CF37 5BP Pa 12
Youth rt of the Trustees Truiteei E L Chivtrg Chairperson A J Fry Vice Chairperson (resigned 2711r24) K R Coates Treasurcr ARHill C A Curzon Hole C Ryan N Sudars R Frost G J Jones J Batcr S M Cullen (appointed 11111123) V Kolovou (appoinl¢d 11111123) Audltorl Ashrnole & Co Chart¢r¢d Certifi¢d A¢¢ountaDts First Floor I Si JohD'S Court Upper Fforest Way. Ent¢rpri8¢ Park Swansca SA6 8QQ B•Dker8 IIS13C Bank PIC 56 Queen Street Cardiff CFIO 2PX Jolnt Chlef Executlve & Secretary M Ryan J Gr11th8 STATEMENT OF TRUSTEES? RESPONSIBILITIES The tru8tees (who are 8180 the directors of The Welsh A8sociation of Youth Clubs foT the purposes of company law) are responsible for preparing the Report of the Trustees and the flnancial ststements in accordance with applicable law and United Kingdom A¢couDtin8 StaDdgrds (Unit¢d Kingdom Generally Accepted Accounting Prnctice). Company law r¢quire$ the trustees to prepare financial $tat¢m¢nts for each fmaDcial year which give a true aad fair view of the state of affairs of the charitable mpaI)Y and of the incomi08 resour¢cs And applicatioo of resources, includtng the ittcome and expenditure, of the clwitable company for that period. In preparxng those financiat statem¢Dty th¢ trust¢es ar¢ r¢quir¢d to select suitabl¢ accounting poliri¢3 Jnd th¢u apply th¢m wnsiStlI. observ¢ the methods and principles in the Charity SORP: makc judg¢ments and estitnates that are reasonable and prnd¢nt' prepare the financial statements on th¢ 8oin8 concern basis Unless it is inappropriate to pr¢sume that th¢ charitsble company will continue in bu5iDC& Page 13
f•ru tho aw•&' by onltrolth¢ iwmrd of IDMe cffj...... .......... .. ... ..._-... on its bhr by.. P4e 14
of the Inde dent Auditors to the TTh of The Welsh Association of Youth Clubs Opinio We have audited the fmancial ststements of The Welsh As)ciation of Youth aubs (the 'charitable Compan) for the y¢ar ¢llded 31 March 2024 which ¢ompris¢ th¢ StAtement of Financial A¢tiviti¢s, the Balancc Sbeet. the Cash Flow staent and notes to the fmatlcial staternen iticluding a summary of significanl aOuDtiDg polici¢s. Th¢ fllwi¢ial reporting framework that has been applied in their preparation is &ppli¢abl¢ law aDd Ullitcd Killgdom AccouDling stalldar (United Kingdom Generally Accepted Account)Dg PTactice). In our opinion the financial statements: give a true and fair view of ihe state of tbe charitsble compan$ affairs as at 31 March 2024 and of its incoming regource8 and application of resources, including its income and expenditure, for the year then bavc becll propcrly prepared in accordance with United Kingdom Generally Aepted Accountin8 Practice; and bavo bc¢D prepared io accordance with th¢ requircmcDts of the Compallies Act 2(6. BA8lJ for oplnlon We conducted our audit in accordance with International Standards on Auditin8 (UK) (ISAS (UK)) and applicablc law. Our rcspoosibililies under those st4odards are fvrtber dribed in the Auditors, responsibilities for the audii of the financial ststements tiOn of our report. We are iDdependenl of the ¢h8ritsble ¢omp8ny in ac¢ordanc¢ with the ethi¢al r¢quir¢m¢nts that arc r¢levaDt our audit of Ibe fll]aDcial statements in the UK. including the FRC'8 F.thicAI Standard. and we bave fulfilled our oth¢T ethical responsibilities in accordance wilh ihese requirements. We believe that the audit evid¢nc¢ we have obtained is sufficient and appropriate to provide a basis for our opinion. Concluslong relatlng to golnz concern In auditing the fiftancial statements, we have ll¢luded that the trustees, use of the 8oin8 Coftcern basis of accoun¢ing in the preparation of th¢ fmaDcial statements is appropriate. Based OD the work we have perfornKd, we have nol identifid aDy mat¢ri41 unrtaInti¢8 r¢latiDg to ¢v¢nts or Conditions that, individually or lle7ve1y. may cast sigDIfi1t doubt on the charithble companys ability to continue as a 80in8 concern for a period of at least twel month8 from wbcn the fm&ncial statcments are authorised for issue. Our responsibiliiies and tbe responsibilities of the trus*es with respect to 8Oiti8 concern are described in the r¢l¢vant s¢¢tions of this rcport. Other IDformatioD The trustees are responsible for the oth¢r informatiOD. The other infornMtIOD comprise8 the inforn]ation included in thc Annual Report, othcr than thc financial statcmcDts and our Report of the IDdependent Auditors therwn. Our opinion on the financial slalements does not cover the other Anformation and, except to the extent otherwise explicitly 8tsted in our Teporl we do not expre58 any form of as5ur8nce conclusion th¢reon. In connectlOD with our audit of th¢ financial statem¢nt& oiir rew811)iliry 18 to read the other inforniation and, in doing so, conslder whether the other information is materially inconsistent wiib tbe financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such mat¢rial inconsist¢n¢iu or apparent material miss¢at¢mcDt& we are requir1 to dcterniine wh¢th¢r thi5 givcs ri$¢ lo a matlTl mi5Statcm¢u( in th¢ fiDancial statcment5 tbemselves. If. based on tbe work w¢ h&ve performed we conclude that there is a material misstatement of this other inforniation. we are required to report that fact. We have nothin8 to report in this regard. Page 15
n of the Inde ndent Auditors to the Trustees of e Welsb Association of Youth Clubs Matters on whleb we Are requlred to report by txteptioll W¢ have nothing to r¢port in respecl of the following matters where the Cbarities (Accounts and Report8) RegulalioD8 2008 requires us to report to you if, in our opinioll: thc infoTmation giv¢n in th¢ R¢port of tbc Tnle¢S is inconsistent in any material respect with the fiJ)an¢ial statemellts. or the ¢haritablc company has not kepl adequate acting rwds. or th¢ finan¢ial 8l&tem¢nts are oot in &ement with the accounting records and returns; OT we have not received all the inforn]atioD and ¢xplaoations w¢ r¢quir¢ for our audil. Re8pon%lbilities of truitee• As explained morc fully in the Statement of Trustees, Responsibiliti¢5, the trust¢¢s (who ar¢ also the directors of the cbaritablc company for the PUTPOSeS of compally law) are T¢s81b1¢ for thc prcparatiOD of the fuwicial statements and for being satisfied that they give 8 tTue and faiT vicw, and for such internal control as the trustees ddennin¢ is n¢¢¢&sary to enable the preparntion of financial stal¢meDts Ihat are free from material missthtemenL whether due to fraud or error. In preparing the fiaancial sratemeats. the tne¢S are responsible for assessing the charitable compan8 ability lo continue a5 a going Con dIlOSing. as applicabl¢. matters related to going concern and using th¢ going ¢oDc¢rn ba819 of aoUnting unl¢ss the ¢rnslecs either intend to liquidate the charitable company OT to cca8¢ opcration8, or have no reali8tic alteTnatsve but to do so. Page 16
Re rt of the Inde dent Auditors to the TnS The Welsh A&ition of Youth Clubs Our reipojhslblllrfes for the audlt of the flDancfal statements We have been apwiDted as auditors under Section 144 of the Charities Act 2011 and in accordanr witb the Act and rclcvant rc8ulations njade or bavin8 cffect thcreunder. Our obiectiv¢s are to obtsij) reasonable assurance about whether the financial statements as a whole are free from malerial mi5Stat¢mcn¢ whether due to fraud or ern)r, and to issuc a R¢port of the Indepcndenl Auditors that includes our opinion. RSonable AUrance is a high level of assurance, but is not a guarantee that all audit conducted ID ac¢ordaDce with ISAS (UK) will always det a material misststemcnt when it exists. Misstatements can arise from fraud or error and ar¢ considered malwial if, iDdividually or in the a¥gregale, they could reasonably be Cxpttt to 10flue¢t thc ccollomic dccisioDS of users taken on the ba$is of thcs¢ financial statement8. The extent to which our procedures are capable of deteeting irregul8ri¢i¢$. including fraud is d¢tailed below: ]rregularities are instances of non40mpliance with laws and regulations. The objectives of our audit are to obtain sutricient appTopriate audit evidencc r¢8ardin8 compliance with laws and regulations that h&ve a direct effect on th¢ dc¢¢rmination of n)alerial amounls and disclosures in the fancIal statements, to perforni audit procedure8 to help identify ittstances of Dollrycornpliance with other laws and regulalions thal may have a material effect on th¢ financial stsl¢m¢nl. and lo r¢spond appropriatcly to identified or suspected noo4ompliance with laws And re8ul8tions identified during the audiL JD Telation lo fraud. the objectives of our audit are to identify and assess the risk of material mi$8tatemenl of the r]nancial slatement5 due to fraud, to obtain sutricient appropriate evidence reBardin8 th¢ a8scs%d risks of material misstst¢m¢nl du¢ lo fraud tbrough desi8llin8 and implementin8 appropriate responses And respond appropriately lo fraud or suspected frnud identified during the audi¢. However. il is th¢ primary responsibility of manag¢mcnL with the oveTsight of those ¢h8Tg¢d with govcmancc. lo ensure that the entity's operations are Conducted in accordance with the provi8iQDg of law8 and regulations and for the prevention and detection of fraud. tn identifying and assessitig risks of mat¢rial mis¥tat¢m¢nt in r¢8PKt of irregularilie8. including fraud. the audit engagement team: Obtained an understsndin8 of the nature of the industy and sector, in¢ludin8 the l¢g81 and regulatory framework that th¢ company operates in ADd how th¢ company is complyin8 wilh thc Icgal and rcgulatory frameworL inquired of managetuenl, and those ¢harged with 8overoan¢¢. about their owll identifitIOn and assessm¢nts of the risks of irrcgulaTiti¢4 including any known actual, SUSpd or alleged Anst8nces of - discussed matters about llonrfompliaDce with laws and regulalions and how fraud migb¢ occur iDcludin¥ asse&8meot of how aDd where the fuwi¢i818tstemeots nwy be su8C¢Ptible to fraud. As a result of these procedures we consider th¢ most ¥igDifiwt laws aod rc8ulation3 thai have a direct impact on tbe fmancial ststements ar¢ FRS 102. alld th¢ Companics Art 21KJ6. We perfornied audit procedures lo d¢t¢¢t non-compliance which may have a material IMpt on the fm8ncial slat¢m¢nts which iticluded reviewing financial statement disclosures. The audit en8¢In¢ll1 team identified the risk of management override of controls as the are& where the fiuancial statem¢uts most susceptible to material misstatement due to fraud. Audit proc¢dur¢s perfonned included but were not limited to t¢sting manual journal Cntries and other adjustments and evaluating the business rational¢ in relation to any signifi¢aol uDusual transactions aDd transactions entered into outside the nornial course of busines& Page 17
rt of th¢ IDdc e Welsh dellt Auditors to the Trustees of thci A furtber description of our responsibilities for the audit of the fmancial ststemenis is located on th¢ Fitydncial Rep)rting Council's website at Yo.fr¢.Or8.vVaudit0r8rC117tle8. This descriptiots forni8 part of our Report of the Independent Auditors. Use of our report This report is made solely to the charitable compangs tru$tee4 as a body. in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2(K18. Our audit work h&8 been undertak¢n so that we might state to the charitable compan*s trustees those matters we are r4uwed to state to them in 8n auditorg, report and for no other purpose. To the fullest extent permitted by law. we do not accept or assume responsibility to anyoDe other than the charithble company and the charitable coMpall$ tsuslees as a body. for our audit worK for thi5 reporn or for the Opinions we have foTm¢d. 6" IC£1 L+ for and on behalf of Ashmole & Co Chartered Ccrtified Accounlants Eligible to act as all auditor ID terms of Section 1212 of the Companies Act 2(A)6 First Floor I St John's Court Upper Fforest Way. Enl¢rpriK Pwk Swan8¢a SA6 8QQ 11 /IZ 1 2C>ZI4. Dale.. Pagc 18
The Welsh Association of Youth Clubs Statement of Financial Activities rntin an 11¢ ond Ex dilur¢ Account 24 2024 Total nds 2023 Total fijnds Unrestricted Restric1 funds funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 2,368 95.958 98.326 95.117 Charltable activitlel PTojecl delivery Training 17,415 22.671 314.438 331.853 22,671 184.714 20,940 Other trading o¢tivities Investment income Othcr incom¢ 3.585 1,569 3,585 1,569 4292 827 927 Total 47,608 410,396 458,004 306,817 EXPENDITURE ON Raising fund8 4,547 4,547 6,032 Chorltable actlvltlel PTojecl delivcry Trainin¥ 20.818 2,914 418.390 439.208 2,914 341.690 3.905 Total 28.279 418.390 446,669 351,627 Net 8ain8 on investments 1.679 1,679 803 NET INCOMEI(EXPENDITURE> 2l.(K18 {170) (7,994) 170 13,014 (44,007) Trin$fer$ between funds 19 Net movement ID lld8 20.838 (7.824) 13,014 (44.007) RECONCJLIATIOY4 OF FUNDS Tot81 funds brought forward 451285 28265 479550 523.557 TOTAL FUNDS CARRIED FORWARD 472,123 20,441 492,564 479,550 The notes forn] part of these financial statements Page 19
Th¢ Welth A$slation of Youth Clubs 2024 2023 Notes FIXED ASSETS Tangible assets tnvestments 14 l5 239.695 19,958 247.697 18,279 259,653 265,976 CURRENT ASSETS Debtors Cash at bank and in hand 16 9,101 279,314 338 437,377 288,415 437,715 CREDITORS Amounts fallinB thie within OD¢ y¢ar 17 (55,504) (224,141) NET CURRENT ASSETS 232,911 213,574 TOTAL ASSETS LESS CURRENT LIABILITIES 492.564 479,550 NET ASSETS 492,564 479.550 FUNDS Unr¢stricled fund8 Restricted funds 19 472.123 20,441 451.285 28,265 TOTAL FUNDS 492,564 479.550 The charitable company As entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024. The members have not deposited Dotice, pursuani S¢ciion 476 of the Companie8 Act 2iK16 requirin8 an audit of these financial statements. The tStee8 acknowledge their reSF4)oSiilitles for (a) ensuring that the charitsble company keep5 accounting records that cotDply with SectlOn5 380 and 387 of the Companies Act 2006 and (b) pr¢parillg finan¢ial statll¢llts wbirh giv¢ a tnJ¢ and fair vi¢w of th¢ slate of affairs of th¢ ¢haritable company as at the end of each fmancial year and of its suTph or deficit for each financial year in accordance with the requirements of Sectioas 394 and 395 and which otherwise comply with the requirements of the Companies Act 2(X)6 relating lo fjnancial statements, so far as applicable to th¢ charitable ¢ompaDy. The notes foTtu part of the8¢ fitwiciai 5tatcm¢nts Page 20 continued...
2011. 4tyJ sigttd oth its bcknalftrj:
The We15h Association of Youth Clubs as Youth 2024 2023 Notes Caih flowi from operating *ctiwiti Cash generated from operntions (159,632) 120,547 Net cash (used inyprovided by operatitig aetivities (159.632) 120,547 Calh flowi from invelting aetlvlti Jnterest rc¢civ¢d 1.569 827 Nct Gash provided by investin8 activities 1.569 827 CIJ•Dge In ca•b and ¢aih equlvalents ID tbe r¢porthig perlod Caib And cayh equlvalents at the beglnnlng of the rÈportln£ p¢rlod (158.063) 121,374 437,377 316,(K)3 Casb and cash equlvolenti at the end of the reportiDg period 279.314 437,377 Th¢ not¢s forro parf of these finan¢ia] statem¢nt8 Page 22
Th¢ Welsb As80¢ialion of Youth Clubs Tradin as Youth Notes to the Cash Flow Statement or the Year Ended 31 March 2024 RECONCILIATION OF NET INCOMFJ(EXPENDTfuRE) TO NET CASH FLOW FROM OPEIL4TING ACTIvrrIES 2024 2023 Y4et llleomeJ(exptndlthre) for the reporting period {*• per the Statement of Flllan¢ial Actlvltles) AdJu8tments for: Deprccialion charge8 ain on investments Tnlerest received (InCree}1dC¢rC in debtors (Decreaseyincrease in creditors 13.014 {44.(7) 8.002 (1.679) (1,569) (8,763) (168.637) 8,488 (803) (827) 7,024 150.672 Net caih (uged Inyprovided by operado {159,632) 120,547 ANALYSIS OF CHANGES IN NET FUNDS Ai 114123 Ca6h flow At 3113124 Net cash Cash at bank and in band 437J77 (158.063) 279,314 437.377 (158.063) 279.314 Tolal 437J77 {158.063) 279.314 The notes form part of these fllwAGial stat¢mcnts Page 23
The Welsh A$$]ation of Youth C]ubs Trndin as Youth Notes to the Fin8Dcial Statcments for the Year Fded 31 March 2024 ACCOUNTING POLICIES Ba81• of preparing the finin¢lal ststements The financial statements of the charitable ¢ompaDy. which is a public benefit entity under FRS 102, have been prepared in accordance with the Cbariti¢$ SOKP (FRS I02) 'Accounting and Reporting by Chariti¢s'. Statement of Recommended Practice applicable to ¢harities preparing their accounts in accordance with the Financial Reporting SthDdard applicable JD the UK aDd Republic of Ireland {FRS 102) (efflIve l Jaouary 2019),. Financial Reporting Standard 102 The Financial Reporting Sthndard applicable in the UK and Republic of Ireland, and the Companiaq Act 2(K16. The financial 5talemcnts havc been prepar¢d undcr the historical cost convention, with the exception of investments which are in¢lud¢d at market Value. Income All incom¢ is r¢co8ni8¢d in the Statement of FitiaDcial Activities ottce the charity has entitlemujl to the fimds. it 18 probable that the incom¢ will bc r¢1yea and th¢ amount C4n be measured reliably. Exp¢ndlture Liabilities 8r¢ r¢¢op)ised as expcnditure as soon as there is a legal or constntIvc obli8alion committing the charity to that expenditure, il is probablc that a transfer of CCODomic benefits will be required in settlement and th¢ amount of the obli8Otion can be meaBurcd Teliably. Expenditure is accounta for on an acC)S basis and bas been classified und¢r headings that aggre¢¢ all cost related to the Category. Where costs winol be dir¢¢tly attribuid to particular beading8 they have been allocated to aclivitics oa a basis consistent with the use of resour¢e& Alloc•tlon and apportlonment of costs Costs bave been allocated between the activities either by direct allocation or apFthionmeni in the r81io of incomc received from th¢ activities TAnglble fixed islets D¢preciatiort is provided at the following annual rat¢s in ord¢r to write off ¢acb asset over its eslirnaled useful life. Freehold properry Plant and machin¢ry 25 /0 on reducing balance and I 5% on ru¢]ll balAnce Fixed assets (excluding investments) are stated at ¢ost1¢s5 aUMula¢¢d d¢prxialion. tndividual fixed assets costing £5 or more are ¢apitslis¢d at ¢08t. D¢pTCCiation is provided on all langiTrle fixed assets at rates calculated to write off the cosL les8 estimated residual valu¢ of ¢a¢h ass¢t over it's expected life. Taxatlo The charity IB exempt from ¢oryJoratioD tax on its cbaritable artivities. Fund accountln% Unrestricted fullds The general fund can be used in accordance with the charitable objectives at the discretion of the tru8tee8. Unre*ri¢ted fimds tbat are usd for a designated purpose are segregated from the 8eneral fund.. DeS1ted fnnd$ Page 24 ntinu¢d...
Tradin as Youth Notes to the Financial Statements - continu for the Year Fded 31 March 2024 ACCOUNTING POLlCtES- continued Fund a¢¢oundng The Fixed Asset Fund 1$ a d¢signated fund representiug the net book value of the As)cIatiOn, fed ass¢t5. tn addition lo a small amount of officc equipment and furniture. thi5 is mainly T¢pre8¢nted by the property from which the Association operates. All fix¢d assets arc used for operational PUTpose5 in pursuancc ofthe Association's ch8rit8ble activities. Agored Ac¢redltAtlon and Youth Achlevement Award5 The Agored Accreditation and Youth A¢hiev¢ments Award Fund is 8 designated fund which has b¢¢n set asid¢ at the discretion of the trustees for the continuation of this Work in all areas of Wales. Restrleted fundg Restrict¢J lld8 cao only b¢ used for particular restricted purpose8 within th¢ objectiv of th¢ charity. Restrictions arise when by the donor or wh¢n funds arc rai8ed for particular re5tTi¢tcd PUryK)S¢8. DONATIONS AND LEGACIES 2024 2023 Donations Grant8 Grant amortisatiOD 4.601 90,486 30 95.958 22 98,326 95,117 GTan¢s received. iDcluded in the above. are as follows: 2024 2023 Welsh Assembly Governm1 95.958 90,486 OTHER TRADING AcfiviTJLS 2024 2023 Fundraising events Solar electriciry income 2.597 988 2,353 1,939 3,585 4,292 Page 25 continu¢d...
as Youth INVESTMEwf INCOME 2024 2023 tkposit account int¢r¢st 1.569 827 INCOME FROM CHAIUTABLE AVITIEs 2024 2023 Activity Projeci delivery Project delivery OtTice & bike r¢ntals GTants Youth Achievements Awards Trainin8 incoiiie Grants 3.800 327.993 3.314 181,41KI Trainiti8 Training Trainin8 10,6(X) 6,240 4.1(Ki 22.671 354,524 205,654 Grants received, includ¢d in the abov< as follows: 2024 2023 Welsh Assembly Government UK Youth Cowop Foundation Community Foundation in Wal¢s MAPS - Youth Che¢kpoin18 Youth Endowment Fund Royal Socierty of Chemistry Nationwide- Charity Trust Garfield Weston Swansea Universily Newport Live Talking Shops Boy8 & Girls Clubs of Wales National Academy for Educatipnal L¢admhip AVOW & Glyndwr University Wrexham County Council British Science Asslation Sfrrlin8 t$t1¢r1 Cyn)ru YMCA - George Williams Collage Cardiff University 19,776 76,310 51,250 85.312 46,028 11.000 8.950 35,768 20,000 2,000 50.IXIO 40,000 7,000 2,400 15,550 3,210 10,000 755 2,200 10.000 1,350 5,744 5.890 Plan International Uk 327,993 185,5(K) Page 26 ntinu¢d...
The Welsb Association of Youth Clubs Tradin as Youth RAISING FUNDS RAlslng donattoll$ and legKles 2024 2023 Atyiliation & re8i8tration fees 4.547 6.032 CHARITABLE A1VITIEs COSTS Direct Costs (8¢c not¢ 8) Support Costs (se¢ Dole 9) Tothls Projxt delivery Training 431,697 2.914 7511 439.208 2,914 434,611 7.511 442.122 DIRECT COSTS OF CHARITABLE ACTIVITIES 2024 2023 Staff costs Rate8 and water Insuran¢¢ Light and heat Telbone Postage and stationery Repairs & renewals Travel G¢n¢ral ¢xp¢ns¢s Tutors fe¢s & traiDin¥ matcria Is etc. Hub grants Stsff training Technology Events Promotton Consultan¢y HR Support Equiprnent hire Deplation 268,134 1,174 1,557 2.631 S.IXI4 3,IKII 6,618 8,691 7,461 13.632 81.748 2,812 6572 2.933 1,544 12,737 242,899 1.552 1,240 1.549 6,410 2.455 9.047 13,349 791 4.280 28,112 1.890 4.369 1265 1,104 3.357 5,850 406 8.488 360 8,(M)2 434,611 338,413 Pag¢ 27 continued...
The W Isb Ass(KAati Tradin as Youth fyouth SUPPORT COSTS Finance costs Totals Project delivery 7.320 7.511 Support CO8 included in the above, are as follows: Finance 2024 Project delivcry 2023 Total activities Bank ¢harge8 222 Gov¢rDance costi 2024 2023 Total activiti Projett d¢liv¢ry Audilor8' rcmuncralion 7,320 6.960 10. NET INCOME/(EXPENDITURE) Net incom¢l(expenditure) is mted after chergiDW(crediling): 2024 2023 Auditors, remuneTation DepreciatlOD - owned assets 7,320 8,002 6,960 8,488 11. TRUSTEES, REMUNERATION AND BENEFITS There were no trust¢es' remun¢ralion or oth¢r befits for the year end 31 March 2024 nor for the year ended 31 Marcb 2023. Trustees, expen8e8 There were no tnlees, expenses paid for the year ended 31 March 2024 Dor for the y¢4r ended 31 March 2023. Page 28 Ontinued...
The W¢Jsb Association of Youth Clubs Tradin as Youth C 12. STAFF COSTS 2024 2023 Gross wages Employer5 National tn5urance Employm Pension 235.190 19.151 l3.793 212.215 17,951 12,733 268,134 242.899 The avera8e number of employee8 during the year was 7 (2023 - 6). No employee received emolumenls in excess of £60,(th during the year ended 31 March 2024. 13. COMPARATIVES FOR ThE STATEME1 OF FINANCIAI. A[TIFs Unrestricted Restricted Total fimd8 INCOME AND ENDOWMENTS FROM DonalioD8 and le¥aci¢8 4,631 90.486 95.117 Ch*rltAble Adlvltl Project deliv Trainitig 3,314 20,940 181,400 184,714 20,940 Other tradinB activities vestment income Other incomo 4,292 827 927 4.292 827 927 Total 34.931 271,886 306.817 EXPENDII'URE OIY Raisin¥ fjJnd8 6,032 6.032 ChArltabk a¢tivitleB PrOJt d¢livery Trainin8 64,387 3,905 277.303 341.690 3,905 Total 74,324 277,303 351,627 Net 8ains on iovestmcnls 803 NET INCOMEI(EXPENDrruRE) TrAnifer8 behveen funds (38,590) (282) (5.417) 282 (44.007) Net movement In fund8 (38,872) (5,135) (44,007) Page 29 ntillued...
The Welsh Association of Youth Clubs as Youth C 13. COMPARATIVES FOR THE STATEMENf OF FINANCIAL A1vITIEs. conthiued UDrestricled Restricted Tothl funds fund8 RECONCILIATIOI¥4 OF FUF4DS Toial funds brought forward 4.157 33.4(Ki 523.557 TOTAL FUNDS CARRtED FORWARD 451,285 28,265 479,550 14. TANGIBLE FIXED ASSETS FT¢ehold Plant and machinery Totsls COST At l April 2023 and 31 March 2024 315,345 10,999 48,752 375,096 DEPRECIATION At l April 2023 Char8¢ for y¢ar 87. 6,307 42.769 1.475 127,399 8.002 220 At 31 March 2024 88297 2.860 44.244 135,401 NET BOOK VALUE At 31 March 2024 227,048 8,139 4,508 239,695 At 31 Morch 2023 233.355 8,359 5.983 247.097 IS. FIXED ASSET INVLSTMENTS UDlisled iovestment8 MARKET VALUE At l April 2023 Additions 18,279 1,679 At 31 March 2024 19,958 IYET BOOK VALUE At 31 Mar¢h 2024 19,958 At 31 March 2023 18,279 Th¢r¢ w¢r¢ no inv¢stm¢nt a3scts outside th¢ UIL Pa8e 30
Th¢ W¢lsh Aswiation of Youth Club8 Tradin as Youth C 15. FIXED ASSET INvEsThIrs- eontlDued The valuation of invcstments is in accordance with market value of the fund as provided by CCLA Jnv¢slm¢nt ManagcmcDt Ltd dated 31 MaKb 2024. 16. DEBTORS: AMOUNTS FALLJNG DUE WITHIN ONE YEAR 2024 2023 Othcr debtors Pryym¢Dts 8.727 374 47 291 9.101 338 17. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Deferred in¢ome Accrned expenses tkferred government 8rant8 34,794 20.642 68 210,426 13.625 55,504 224,141 Deferred Ineome Balance at l April 2023 Atnount releaseAI lo Incoming Resouros Amount deferred in year 210,426 (210,426) 34,794 Balan¢c at 31 March 2024 34,794 Deferred income represents money received in advance of providing trainin8 COUTses, and also grant income r¢G¢ived in adva0 of project Commeocement io respect of the financial year ended 31 March 2024. Pa8e 31 continued...
The Welsh Ass(Kiation of Youth Clubs a8 Youth ANALYSIS OF NET ASSETS BETWEEN FUNDS 2024 Totsl 2023 Total fid5 filnds rund8 Fixed assets tnvestmenls Cwrenl as8¢ts Current liabiliti 239.654 19.958 242.821 (30JIO) 41 239.695 247,697 19.958 18,279 288.415 437.715 (55.504) (224,141) 45.594 {25.194) 472,123 20.441 492.564 479.550 19, MOVEMENT IN FUNDS Net Transfers movcmeDt between in fund5 funds At 3113124 At 114123 Unrestrl¢ted fvnd• General fund FIX As¢ Fund Agored Accreditation and Youth Achievement Award Trainin8 185.991 241,714 15.804 (6,527) {170) 201,625 235,187 23.580 11.731 35.311 451.285 21.1)08 (170) 472,123 Restrlcted fund8 Clivc Bcck Gwirforc¢ Trans•forni Project The Big Music Projeel Conmnunity FouDdation in Wales Boys & Girls Clubs of Wales AVOW & G1)Thd University Britl8h Science W¢¢k NVYO - Youn8 People PartiCiP&iion & Engagement 1.SC 49 6,124 1,5 (8) 41 6.124 8,OIXI 9,382 3210 (9,382) (3,210) (9) (161) 161 4.776 4,776 28,265 (7,994) 170 20.441 TOTAL FUNDS 479,550 13,014 492.564 Pa8¢ 32 ntinued...
The W¢lsh Association of Youth Cl Tradin a8 Youth Notes to the Finan Aal Ststem 19. MOVEMENT IN FUNDS- eontinned Net movement in fimds. Included itt the above Ère as follow8: Incoming liesourcu Gains and Movement 105ses in fimds Unregtrlcttd fund¥ General fund Fixed Asset Fund Agored Accreditation and Youth Acbicvement Award Training 24,937 (10,812) {6,527) 1.679 15.804 (6527) 22.671 {10.940) 11,731 47,61)8 {28279) 1.679 21.008 Restrleted fund• Gwirforce National Volunt8ry Youth Organisalion Grant Youth Endowm¢Dt Fund Inspire Garfield Weston Grants Community Foundation in Wales Nationwide Co-op Foundatiots - CyDethin CADW & Legends Boys & Girls Clubs of Wales MAPS - Talk Learn Do Plan Uk AVOW & Glyndwr Univcr5ily Lotleri Cymru - Arts & Crafts T8ith Pathway Brilish S¢ien¢¢ Week National Academy for Education Wales NVYO - Yow18 People Participation & Engagement (8> {8) 95,958 35.768 73J60 (95.958) (35.768) (73.560) (40.0) (9,382) (50,0(KJ) (51.250) (iO,O(KJ) (3.210) (8,950) {5.890) (3.009) (iO,(MJO) (5.744) (661) {9,382) S0,OIYI 51.250 10,0 {3,210) 8.950 5,890 (9) 10.IKJo 5,744 500 (161) 10,000 {io.ooo) 9.776 (5,(1(X)) 4,776 410.396 {418.390) (7,994) TOTAL FUNDS 458.(K14 (446.669) 1,679 13,014 Page 33 ontinu...
The Welsh ASlatIOn of Youth Clubs Tradin as Youth to the Financial Statements- ntinu 19. MOVEMENT IN FUNDS- contlDued Cornparallves for movtment In fvnds Net movem¢nt in funds Transfers between At 3113123 Ai 114122 Ullre8trlcted fund¥ General fund Fixed Asset Fund Agored Ac¢r¢ditation and Youth Acbievemenl Award Training 222.851 248241 (36.578) (6.527) (282) 185,991 241,714 19.065 4.515 23,580 490.157 (38590) (282) 451285 Reitrl¢ted funds Clive Beck Gwirforcc Trans*forni Cymru Project The Big Mu8i¢ PrOjt Col)p- Lonliness Project Garfield Westoll Grant$ Royal Society of Chemisty Caerphilly CBC Community Foundation in Wales Boys & Girls Clubs of Wales 1sc(> 1,5LK) 49 6,124 8,000 {ii) 6.124 416 3(Ki (698) (300) (8,OLK)) (9.OiX)) 9,382 3.210 282 9,382 3,210 33,400 (5.417) 282 28.265 TOTAL FUNDS 523,557 (44.fy)7) 479.550 Page 34 continued...
Traditi as Youtb C 19. MOVEMENT IN FUNDS- ¢onthiued Comparative net movement in fimd4 included in the above are as follows.. Incomin resource5 Resources ¢xpend¢d Gains and Movement I5¢$ in funds Unr¢strl¢ted General fimd Fixed AssrA Fwid Agor¢d Accreditation and Youth Acbievement Award Training Swansea University ThrivinB Mindg 20231 (57,612) (6.527) 803 (36,578) {6.527) 10,6LN) 2.4iX) 1.7 {6,085) {2.4(Kl) {1,7(Kl) 4.515 34.931 (74J24) 803 (38,590) Reitrl¢ted fundi Gwirforce National Voluntary Youth Organisalion Grani Co-op - Lonliness Project YoutEL Endowment Fund Be Int¢rnel Cilizens ]nspirc Garfield W¢slon Grants Royal Society of Chemisty Caerphilly CBC Newport Live - Talkin8 Shops Community Fouudation in Wale8 Co4)p Foundation - Ceth1D Boys & Girls Clubs of Wales (li) (li) 90.486 20,3( 20.0(KI 4.160 79,452 (90.486) (21,058) (20.OIKI) (4.160) (79,452) (3¢XI) (i 0,0} {9,0(KJ) (15,550) {1,618) (25.668) (098) (3(Kl) (8,0() (9,000) 15,550 9,382 25.668 3,210 3,210 271.886 (277.303) (5.417) TOTAL FUNDS 306.817 (351.627) 803 {44,007) Funds The Fixed A58et Fund represents the net book value of the A5)C18t]0n'5 fixed assets. These are used for op¢rMlional purpo$ in pursuance of th¢ Association's clwitabl¢ activities. A8ored Accreditation and Youth Achievement Award Training is an unrestricted fund, the charity generates income by providing training to youth workers. Gwirforc¢ Fund represents the net book value of the a55ets held within the fund. Th¢ Trans•forni Cymry Proj1 is a r¢stri¢ted providd by ¢b¢ Welsh GOvernMt in the fonn of an Equality and Inclusion Grnnt. The objectives include the undertaking of re8e8rcb and consultation acmss Wales on the current utLderstanding of professionals who work with young people who identify as trans and their abiliry lo advise. infom and advOte for them. Page 35 continued...
The Welsb Ass(Kiation of Youth Clubs Tradin Youth Notes to the Fitwicial Statements- continucd for the Y¢ar Fded 31 March 2024 19. MOVEMENT IN FUNDS- eonthiued The Bi8 Music Project is a restricted fimd provided by The Big Lottery. Youth Cymrn is workin8 as a paTthcT organisation with UK Youth to help deliver the project in Wales. The aim is to create Career opportunitie$ withio th¢ Music b)dusty for 18-24 year olds and io usc music opwrtunitie3 to h¢lp young people develop cu10yab1llty ski118 such as team work and project MaDmeL Natiottal Voluntary Youth Or8anisation Grant is 8 rcstricted fund provided by the Welsh Govcnllncnt in the forni of a ¢or¢ fimding gronL Youth Endovnnent Fund is a re8tricteoJ fund to deliver weekly online WOTkshops and 80¢ial media SUPWrt for vuncrable youn8 pcoplc. tnspir¢ is a r¢strict¢d fund for d¢liverin8 inspiring ¢v¢nts throu8hout Wal¢s, Community Found81ion Wales is a Te8tricted fimd to PTowide re80urce8 to support work taking place at the Wrexham pr¢mises. Boys & Girls Clubs of Wales 1$ a restricted fund to support young 8iTls from Tefugee and asylum 8cckin8 communilics to en8a8e in SrtS activities. Co-op Foundation Cethin is a restricted fund io provide youth 8roups across Wal¢$ with opportunities to work 108ether to reason and identify needs withiti their community. Newport Live Talkin8 shops 18 a restricted fund for use on the culture and democratic infornwtion centre iti Newport city centre. Garfield Weston is a restricted fund to deliver essential targeted services to vunerable youn8 people. Nationwid¢ Building So¢i¢ty knpirin8 ChampioD$ 18 a r¢8tric¢¢d fimd to Support at risk youth transiiioning out of custody. National Academy for EthicatlODal IMderghip Wales is a restricted fund to provide young p¢opl¢ with leadership and professional development opportunities. Lol¢ri Cymru 18 a restri¢¢¢d fund to 8UPPOrt planDiD8 and d¢liv¢ry ofDIY and craft workshop&. Energy Saving Trust is a restricted fund to actively involve and mobilise youn8 people iti Wales to prOlive1Y ¢ombat ¢limate cbange. MAPS 18 8 restric*d fund to support the delivery of the tall learn do projecL Association of Volunw Or8anisation8 iti Wales 18 8 re8tricted f(md to be u8ed on the AVOW youth podcast projecL Britisb Science Week is a restricted fvnd to work directly with audiences wbo are under r¢pr¢s¢Dt¢d and cu¢tlY not Cllgag in 8ci¢nc¢ activity. Taith P xs a restricted fimding proj¢¢t to involve youth work profession&ls across our 5 Nations partnership to promote the ait)]s of Taith and their objectives. building meanin8fv1 relationships & help build a 8hared firtute ViSiOD of experieDces for children and yOUDg people to benefit from acros8 Wal¢s Pag¢ 36 ¢ontiJu¢d...
Th W¢lsh Association ofyoutb Clubs 19. MOVEMEKt IN FUNDS - contlnDed Plan Uk is restricted fundi08 for theTest & Learn, proje¢t to engage witb knfvyoung n1 in apProh¢S ¢0 redu¢ing gcndcr-based violence. 20. RELATED PARTY DISCLOSiJRES Th¢r¢ wwc no r¢lat¢d paty transactions for the year ended 31 MaTch 2024. PaBe 37
The Welsh ASSlatiOn of Youth Clubs 2024 2023 INCOME AND ENIK)WMENrs Donatlons and legaei Donat10118 Grant5 Grant amorti88tion 2,346 95.958 22 4,601 90.486 30 98,326 95,117 Other tradlni Acdvltl Fundraising events Solar el¢¢iricity iticome 2.597 988 2,353 1,939 3,585 4292 Invatmtnt IA¢ome Dcpo$i¢ account interc81 1569 827 CharltAbl¢ i¢tlvltle• Youth Achievements Awards Training income oirice & bike rentals Grants 10.600 6240 3,314 185,5(K) 22.671 3,860 327,993 354,524 205,654 Other Income Other income 927 Total In¢omlng rellre 458.(M)4 306.817 EXPENDITURE RAlilDg donatlon• lez•cl Affiliation & registration fees 4,547 6,032 Cbarltable aetlvltles Wages Rates and water Insurance Light and Iwat Carried forward 268.134 1,174 1,557 2,631 273.496 242,899 1,552 1.240 1,549 247.240 This page does not forn] part of th¢ 8tstutory financial ststan¢nts Page 38
The Welsh Association of Youth Clubs Traditi as Youth C 2024 2023 Cljarltable tIvItI Brought forward Telephonc Postage and stationery Repairs & Tenewals Trnl General expenses Tutors f¢¢$ & training mat¢ria18 etc. Hub grants Staff traitLing Techno108y Events Promotion ConsultaD¢y HR Support Equipmen¢ hire D¢preciation of tanble fixed a8scts 273,496 24724) 6,410 2,455 9,047 13.349 791 4.280 28,112 1,890 4,369 1,265 1,104 3,357 5.850 3,001 6.018 8.691 7,461 13.632 81,748 2.812 6,572 2,933 1.544 12,737 360 8,002 8,488 434,611 338.413 Support eo$¢i Fln*n¢¢ Bank charges 191 222 Covernattee ¢08ti Auditors, remuneration 7,320 6,960 Total resources expe[ed 446,669 351,627 Net ID¢omeJ{¢sp¢ndltsr¢) 11,335 (44,810) Th78 pa8¢ doe5 Dot foTto part of th¢ slatutory financial 8tat¢ment$ Pag¢ 39