YOUNG BARNET FOUNDATION Financial Year End 31st December 2022 . ReFM>rt and Financial Accounts Yryjng Bamèt F￿rth￿tsn ￿ 8 Ch8rftsb￿ Inwrwratsd (￿r￿tk)n ICK)) Charfty wlstration 1164713 RagTsthd 01kn.. 85 Bmokhlll Rd. East BamÈL EN4 8TE TrwteÈs 01.0122-31.1123 Jonathon Bove kl•lt Lth)t Jon8th•1 I Sarah Pavttt Ron ILoft 16.11.221 V•knr rnBrdmentsto Board Idlo￿n¥ thandal yw8nd. S4r¥ito Vebni - 03.03.23 S*tsh pA￿tt . 03.03.23 PlaitywAh￿-Joln￿I 19.0123 Hénngh Gulw- Jdned 19.0123 Orfbl Davl8s- Jolned 18.05.23 Seema Mann-l￿ned 18.0523 S•nhJrL88dryrnhipT•am J8nÈt M8th*￿)n-cEO PdwWll8m60n . COO N811 Tafftr- Head ofCommuntyServke8 Ckire Sn*h- Project Imr4Dmenlatkin m￿ager DebraYardley- ParhwJhlp and Fundra￿￿ Mana98r Auditors. IchloyAudtt LLP B•avèr Hotss8, 23 38 Hythe 8rld90 Slro&1, Oxford, OX1 2EP Bank.. CAF Bank Ltd 25 Klngs Hlll Avenue Klngs Hill WeBt Malling ME19 4JQ 1.0 object1￿$ and Actlvttlos Overarching Objecliv•s Growing and operating a grants pot for CYP VCFSE in the borough, through local giving. Developing consortium I partnership bids to support smaller players within the sector. Impact Monitoring - helping organisalions to tell the story, backed up by reliable data, An active member of the Bamet Together partnership. including Ihe grant management of the Bamel Community Fund furlher driving funding into Barn8t CYP S8Ctor. Charltable Purp050 Membership Organisation for the communitylvoluntary sector worklng wlth chlldren and young People {0-25) in the London Borough of Bamet Publ1¢ Benefft The board of Trustees reaffim that the mission and vision along with all of tt)e objectives of Young Barnet Foundation are undertaken for the public benefit. What we do INVEST. Investing money, knowledge. time. in Bamet's future CONNECT. People, organisations and communitie8. GROW. Capacity. funding. opportunities, activlties and services (sedor development). we are labDrallve Weae Wewe nert We *pt Young Barnat Foundation rnain activities Acting as a membership infrastru¢ture organlsalon the main activities of Young Bamet Foundation are: Represent the local voluntsry Community Falth and Social Enterprlse sector worklng wlth Children and Young People to strategic partners Generate funds for members Manage a Grant Gfvlng fund (Space2Grow) Develop and support Members via 1-2-1 support. net￿orkIng and Iraining. Young Barnot Foundatlon meet our objectives by... IPIVEIT IJT CONME 2.0 Achiovements and Performance Chalr's Reflectlons 2022 l am pleased to report on our perfonnance in what proved to be another challenging year for the Barn8t community, our members and the young peopl6 whom they support, and the Young Barnot Foundation IYBF). Janet and the YBF team have done an incredible job of rising to meet these challenges, induding the emerging and ongoing cost of living crisis which puts an incredible strain on the most vulnerable in our society. YBF'S role in this, through Bamet Together, has provided a critical support network for our members and the wider community. This work, deliver&d through the ethos of generous leadership. and the clear value that YBF and its partners have added to the community have continued to strengthen ties across the sector and with the Londi)n Borough of Barnet Council - a key partner for our charity. YBF has made a highly visible impact to Barnet and the sector with events Including the Chrlstmas Gift campaign. distributing over 2,500 presents to some of the borough's most dlsadvantaged children, and the Shoe Donation campaign where 2,000 pairs of shoes with a collective value of c£80,000 were distributed lo those in need. A standout event of the year was the Bamet Together Conference. where YBF and its partners brought the sector together alongside Barnet Council. speaking with one vol￿. By the end of 2022 membership numbers had risen to 228 Voluntary. Community Faith and Social Enterprise (VCFSE) organisations working with children and young people across the Borough of BarneL Our members are dedicated to serving a vibrant and extensive communty of childrenl young people, encompassing diverse ethnicities and geographies auoss Barnet. YBF'S focus is on supporting the members who need our capabilities the most. This is evidenced in the contribution of over £460.000 (showing growth of 340/0 on 2021) in granl funding to the sector via Space2Grow, 428-member support visits taking pla￿ during the year, and exceptionally strong member satisfaction survey results. Achieving Ihese figures and the progress made sin 2021 has been exceptional and is testimony to the capabilities and commitment of Ihe YBF team,. this is particularly the case when noting the recruitment challenges faced, with staff going the extra mile to deliver for our members and the sector. I would like to thank Janet and the YBF team again for their continued dedication and service to the Barnet community. I would also like to thank the Board of Trustees for their generous support to YBF during the year. We saw the departure of Ron Finlay during 2022 and, following the year- end, Sangtta Velani and Sarah Paviit in March 2023. I'd like to thank Ron, Sangita and Sarah for their service and wish them well for the future. Also following the year-end, I'm delighted to extend a warm welcome to our new trustees: Matthew Ahie, Hannah Guir80. Oribi Davies and Seema Mann, the latt8r who has joined as our Treasurer. These four Individuals bring a dtverse and valuable ski115et to the Board and wlll make a strong contribution to YBF'S govemance durlng 2023 and beyond. At a time of continuing need, l am honoured to help support such a wonderful organisation an look forward to working with our Board, Janet, and the YBF team to build a stronger. safer. more connected cornmunity going into 2023. Jonathan Beverly Chair of the Board of Trustees CEO'S overvlew As we reflect on the last year (2022), it is clear that Young Barnet has made signfficant strides towards increasing our support for our members and the wider sector as part of our partnership - Bamet Together and the Alliance. Our membership reflects the diverse borough we s8￿e, members rajoining us every year, gives us another layer of reassurance that we are indeed delivering for them and in tum for our childrenlyoung people and familles. As a membership organisation, Young Bamel tskes a helicopter view of the borough, the needs of our childrenfyoung people (Families) and the development needs of our members. enabling us to fully comprehend the task at hand. This perspective has been instrumental in shaping our delivery and understanding the funding required to meet the needs of our members and the Communty we all serve. This also serves us well as part of Barnet Together, the Borough's infrastructure partnership. Throughout the year, we collect valuable dala on Ihe Children and Young People (CYP) sector, a journey that has provided crucial Inslghts into its reach and allowing OUT partners to better understand the VCFSE. However, we recognlse that there is always more to do In thls area. Through our member 1-1 s. for both capacty building and for fijndraising support, our training and networking opportunities, our d8dication to representation and advocacy (recording over 830 hours of strategic meetings), our work with supplementary schools, our growing work with mainstream schools, and importantly our constructive connections - recording over 364 in 2022 alone, (constructive ￿nnectionS is our drive to get Ihe sector working better together so we act as broker for partnership working). all of this is incredibly imporlant, not only the growth of the sector, but also the pathways of support for our Ghildren and young people. Our Jolnt work through Bamet Tog8th8r on equalities and sector voice, and our sector Conference (Barnet Together). demonstrated that we continue to support the sector in every way that we can. However, il is essential for us to recognis8 the challenges that the charity sector confronts. especially in light of the escalating demands for mental health support for children and young people. along with the persistent issues of structural inequalities and the cost-of4iving crisis. Furthermore, It is alarniing to note that the sector is witnessing an escalation in wellbeing challenges fa￿￿ by its leaders and staff as a direct result of the sustained pressuré within th8 current landscape. Although we have stepped up our support, it is evident that there is a significant need for further action to effectsvely tackle thes8 pr8ssing issues. We are in danger of losing valuable members of our workforce unable to continue to work under the persistent pressures facing the VCFSE. LookirKJ ahead, Young Barnet remains steadfast in its commitment to partnership working, data collection, representation and advocacy to ensure that the needs of CYP and the sector are m8t effectivety. We will ￿ntinue to champion the volce of all communities we serve to foster safer, fairer. stronger. and more connected communities promoting Communities that Care and G8nerous Leadership. It needs to be recognlsed that the challenges faced by the charity sector wlll requlre colledive effort and innovative solutions, and Young Barnet is dedicated to playing its part In shaping a brighter future for our voluntary sector, our borough. and its children. It takes a village to raise a thild, or in our case- a Borough! Janet Matthewson - CEO Momber Support - Overyiew of Activities Impact and Outwmes 2022 Overview of Activities 428 830 meetings held with PBrtner3 1_2-1 Member support Vlsits held (623 hours) member nettvofk meetings held supplementary school forums he CYP mental I￿1th and wellbeing foTum8 held 11.258 hours) {66 unlque members (12 unlque membors l14 Imiqye member8 11 12 moiithty meniber n6Jiv5Ietieis serit tr) 132 CEO nehuork5 funding run ID partntrrship workshops held in kilt￿. Bairiel paPin8rsliip iViUI T¢)gethei 8aiiiel Togeiher covstiiJCtsv• connectjons m3de belvieen Dembers znd parkn&rs sessions 3t¢enfJed ljy stsff 6.003 reclplents 19 unique mémbers) {54 unique members) <317 hours) Collaborats closely wlth our mgmbers lo Idenllfy Ihelr ne8ds and addrass them by offoring information. advice. guidance, and capacity building support through funding assistan￿. Represent and advocate for the interests of our members by actively engaging with public, private sector. local, and regional stakeholders. Foster a strong partnership and doser relationship wilh our Local Authority, leveraging their support to positively impact sector development and, consequently, improve outcomes for children and young people. Continuously assess the seoto¢s devek)pment, identifying gaps and needs, and worklng towards finding viable solutions. Facilitate connections and networking among our youth groups to ensure there are well- supported pathways for children and young people through our netr￿Tk and development groups. Take a comprehensive view of the needs of children. young people, and families, as well the developrnent needs of our membership. Collaborate closely with wider stakeholders and funders to secure the necessary support and fundlng lo meet the identified needs, drive positive change. and enhance capacity. Proactively seek additional funding op￿rtUnItieS to support local organlsalk)ns In meeting the specific needs of the communlty. Provlde funding support to youth projects In Bamet through our Spa￿2GroW Children and Young People's Fund Engage in furbdralsing activities to raise funds specffically for the Space2Grow CYP Fund during the year. Engage in furKlraising activities to raise funds spadfically for the Bamet Conmunlty Fund during the year. Attracting additional funding from partners and funders to grow the Funds. Emphasise the importance of collaborative efforts to ensure every child has the opportunity to thTrrfe. Keep the sector informed through regular newsletters, nelworks, social media and other forms of communicatlon. Conduct an annual member renewal process to capture the state of the sector. meet the needs of our members and needs of our childrenlyoung people and families, Young Bamet Foundation uses Salesforc8 CRM system along with supportlng sofvare to collate the data to evidence the added value impact that it brings to the local voluntary community faith and social enterprise sector. N•tworks- Regular Children and Young People's network for rnembers. Tralning 2022 Training that ¥￿ have either18d for our members or. worked with provlders to put on for the sector has induded.. A guide to volunteering & volunteer management Work with CYP with SEND in Bamet Fundraising Training - VCFSE - See Infographic How to apply to John Lyons for Schools Adultification Trans Awareness- The basics The Social Model of Disability Raising avrnreness of Prevent in Bamet Child Protection - Case Guidance Fundralslng Tralnlng Support Programme- see below Barnot Togethor Fundraising Programme 2022 •95% gner 1(pthno ru￿r¥ traiTriroJwcwmm• excolent 1189 rf386% 100% 66 Very useful*d YOUNG &4RNET I￿6 Constructive Connections 2022 Building Partnerships. Promotion, Collaboration and Capacity, as part of our day-to4ay aetlvitles, we routinety continue to grow collaboration and patherships within the sector and beyond, whlch contrTbutes to better pathways of support for CYP. It is our ambition to use data to demonstrate thls In future reports. In 2022 - 364 constructive connections were made with the network, many of which resulted in partnership projects, strengthened relatlonshlps between peers and sectors. Grant Glvlng Young Bamet Foundation support the core actlvltles wlth purposes that help further the Objects of the Charity by way of a Grant Giving process. Under the temis of the Constitution. the Trustees can apply funds at their discretion: However. the main purpose of the fund is to - . Support local voluntsry and cornmunity groups, who are members of the Young Bamet Foundation and are working with children and young people (and their families). b. Grow activities and s8rvices for children and young people in the London Borough of Bamet. Give priority to Imembersl community organisations wilh limited access to other sources of funding. However, decisions will be on a case by case basis, based on the purpose of the grant and outcomes it will achieve for beneficiaries. The Charity distributes grants from Its Youth Fund through a Grants Panel. The Panels consist of Trustees from the Charity's Board of Trustees and representatives from Bamel communities. Grant definition - a grant is defined as a financial award made by the Foundation from Its funds to support charitable actNiUes usually to regist8red charities or charitable communlty groups. Afull Grant Making Policy is avallable on request. In 2023 Young Bamet Foundation ran the Space2Grow Children and Young People's Fund, including distribution of the Holiday Activity with Food fund, (the national government backed scheme) for YBF member8. In addition it administered the grant process for the Bamet Communty Fund on behalf of the Barent Together partnership. Thè Holiday A¢tivty with Food (HAF) project Holiday Activities & Food {HAF) aW•TrfS orgs.515SuO.qT a'NardeJ £2G7.132 è23- E8St¢r HAF #24- $ufftmgrJ4AF 8-V41Thi•r HAF 0000 It.729 2.052 uwue parn¢ipar.t& PffthCIF¥rt% nowrs Space2Grow Children and Young People Fund Space2Grow 48 fundin9 iouTroI organisation$ a".¥'afded lardèd £468,190 0000 19.201 totsl parfiGipants 1606 80,016 unsqu8 parti¢ipants ror.tact p)ours sess'.oi)s delivered Space2Grow CYP Fund - Grants to m•mb•rs . 2022 Oryanisatlon Nam• No. of awards Cricklewood Boxing Club Thg Interfink Foundatlon Bamet Garers Fun Unlque Soc¥al Entsrprise C,l.C, Chazak Ltd Thg Hope of Childs Hill (THIXHI Stonegrove Ccthmunty Trust Somali Bravanese Welfare ASsociat￿n in Bamet Home Start Bamel The Axis Educational Trust Living Way Ministries Tzvivos Ha$h8m- Chabad GG Northemland trust Unitas Youth Zone BÉm8t Communlty Prolects KIGkOff@3 CIC Community Nelwork Group CIC Adion YC￿rth Boxing Intsrvention {AYBII Fresh Arts C.l.C Head Held Hlgh The Arts Depot TTUSI Ltd Ball Out Communty Maxability Bloomsbury Football Foundatlon Wlltj About Our Woods CIO London Jwish Family Centra Grow Iwa are Grow) Nene Terezo l £250k45(KJk {22) £500k+140) • Unknown (7 80 23% ?11. The results can be standalone but also feed into the Bamet Together State of the Sector report. lod(ing at organisations operating from cradle to grave. Member renewal data glves our partners a deeper srk9pshot into Ihe sector, and highlights th8 contributionlreach of the sector, together with the thalletvJes. Thus, we, as Young Bamet arKI the wider Bamot TOget￿rAIlianCe, ¢an be proathv8 wlth Overar¢hin￿StrategiC support. The dats gN8S th8 seclor visibillty. With a greater understsnding of the sector, the data has resulted in better ¢ross-sector partnership working. Through strong parlnerships, we can attract the funding needed to sustain delivery. Together we rAn BE the drfterence in the lives of our children and young people. As the largest borough in London, one would expect that there would be a thriving and diverse VCFSE in it. 8nd this Is very much bome out in the profil8 of the YBF members contributing to the renewal, with 67% of organisations reporting growth. However. it's not all good news as 32% say they are surviving wtlh 1QA decllnlng. Fundlng remalns a perennial concam for all VCFSE organisations, and it is no surprise that it features as a matter of great Importance and where the need for support Is most desired. However, we do sea that staff well-being features almost as promlnently. Thls demonstrates the very real need for VCFSE staff and volunteers to have the support they need to deliver crucial support sepiice to the community. When it comes to ￿nding, the data shows there to be a particular reliance on local funding including YBF'S Spa￿2GroW CYP Fund. closely followed by Local Authority and National Lottery funding. and then the Bamot Community Fund (operated by Y8F on behalf of the BTA). Whilst all this funding is wdcome there is perhaps room for a mre dlverse fundlng landscape to sustain the sector. There Is also an opportunity to grow local glvlng to S2G and the BCF. The end of COV[D4p￿IfIc funding is still having an impad on organisations and the ongoing ¢ost•of-living crisis is impacting the sector's ongoing sustainabilty. VCFSE members focusing on CYPIF consider mental health, the ￿st-Of-llvIng crisis, and the impact of COVID on CYPIF to be the most pr&8sing concems for their cohort. This demonstrates that the sector comes into close contact with the some of those most in need of support and this should be parti￿larlY recognised. Encouraglngly. the SUp￿Y and YBF delivery data shows that grassroots collaboration is allve and wo11 and that partnership is key t.o VCFSE delivery. Challonges for th CYP S9clor Our rénewal data shows that mental I￿allh issues is the lop concem raiwl by our members cohorts. Thls Is the same as at our 2022-memb8r renewal. Th8r8 is no doubt that thè challeng8s facing the sector ara multi4aceted. The pandemic has exposed the a(kJitional capacty requlred for services particularly concerning the areas of menial health. poverty, and educatlon. Dbjtal •xdL*knn 35 Taken frcm J8nuary ￿23 memborrnt*￿I Top 3 prlorlU•s for support are no surpr16e, set against the backdrop of the Covid-19 pandemlc, o)st of living crisis, growng demand, lack of affordable communty space. the sector is feeling quite stretthed and lyuised. Members are al80 rais￿9 concems ragarding the ongoing strain w8llb8ing. bolh18ad8rs and that of thelr staff - thls Is unsustslnable and wlll laad to bumout. We are now seelng the consequences of the pandemlc further exacert)at8d by th8 Costknof-living crisis. Reduced funding and capacity to offer soNicas. Staff wMll*eing and drfriculty in recruiting new staff, are of top concem. Office and dellvery space is a180 a key concem (other). Growlng- 8urvlvlng - docllnlng 67 /0 of members citè their organisational health as growing (126}. 32 /0 surviving (611 and 1 % dedining {2). Despite thSs, lunding support, access to small grant pots and capaclty buildlng are currently the top 3 priorities. Which in tum stretches the services we provide even further. FwKlkng SLVWt Sm￿1 Grnnts Prt Cydty WlthrvJ 124 1 W11 3 113 4WI8 s￿}1 6W15 7W14 8￿22 9￿19 16 s￿20 6￿18 7￿17 8W11 9•8 7 IJ 9 17 Takenfm 2023 m•tsren6 YOUNG BARNET AB ¥rn Ihwyh the o<>•t4>f4ving ¢rlolKwhgt8m*T ¢hJllary•B ar• youfaclry? Lllhw? Pl•••• up￿￿T¢ POuNOATlOtI Raducod frJThJwvJ and capxityto Lrff* 102 Stsff Wdlbelng 52 Lac* olstsff-dthty recrullng 49 Vd$￿teerS are no bxYeTovalbb￿ ￿ 35 Rothc#J staff numbet¥ •123 Gbvwkng 8af8Wmg conceffl$ •123 Olh8T (pl￿6¢ speclfyl •122 Inad￿U￿94￿rnTrDdaICfi •117 No acmnm)dation fr¢m wNth to opwat8 1112 Lack of t&*rn)loqp31 support starr 1111 Uffttod ￿p￿>t to thange 19 L* oftet*nok*al 16 (s￿79 ex•rnpkns Nslodbgkwj Thoflrond81 staLIIMy of$upr4tyMnlary Famllles ￿n't affotd the mlnknal fees . IrKreawl rJnpptltion T*gn frm Janugry 2023 n￿￿rer￿1 Tho R•a¢h of the CYPIF VCFSE Our members have an incredible reach across commun￿16$ and indeed evidence shows Ihat small and local charittes possess extensive gxpertisg in repalring the damage caus8d by lack of trust or gaps in loral system$, They in￿￿ne when other entities do not have the reach or trusted relatlonshlps, asslsllng Indlviduals In transfomilng their lives. This undertaking Is of utsnost importance. Moreover. our smaller charities gain valuable In3ights into areas where existlng methods are ineffective, enabling them to pioneer novel approaches to support. They have a deep understandlng of the issues and frequentEy possess viable solutions. Therefore, we fimily believe that our small and local charities should bé empowered to ￿varage this knowledge to brlng about change, fostèring Innovatlon and fortlfying their communities, therèby preventing ihese problems amogether. We will conllnue to nurture and help develop thls work so that th8 borough can continu8 to benefft. How many different young people have you worked wlth in the last 12 months? (Data from 206 members) 197,406 different young people worked with in the last 12 months [161,571 in 2022] * do mt caWr• d*• on CYPIF attondwwmorekn 1 11 alw STh8 0-2S y•grs par6rrts. More Inslght from the Barnet VCFSE CYPIF So¢tor Whl¢h •90 fJToU￿ doyou wi•htlyt￿￿1IknP Whlch of these servlces do yw piwlde to th* F*opl•you (pl￿* sel•¢tall that*ppty) YOUNG BARNET ai*iron1190Ni•inb*¥) (Membern could sqlect ETr)Te Ihon ono) IOUI4DA TI0* IIA8n*8rn s*¢t mcrfg Ihgn on•) 45 144 EdurAlon. tranty aThJ emphryats"Hty Cuttural and cfethÈ 120 110 85 127 95 S￿[( phyplcalaTrJ I)utyJ￿r 87 Sewndary Scknl112-16y) Prlmary S¢hc•)1 (&11y) 8th Formlcollege {17-18yl Hitsr Educal"on or¢Xhw (1￿2￿) 70 SpeadL8t SEND pr(wbts ￿1 39 &J￿￿nIary8th0d . Parwts Earty Years FouThlal(m Stage (Nyl T•kon lh• 2023 ￿M￿er¥eno￿a surv¢y 27% *h £12,421.988" 71% BARN 2023 for Young Barnet Foundation The upcoming year presents even greater challenges. but we are enthusiastic about hamessing the potsntial of cross-sector partnerships. In the following year, our focus remains consistent: We will persist in activety listening. leaming, sharing best practlces. and advocatlng for small yet vital local groups. We will steadfastly support and champlon our members and the communities they serve. We will collaborate with our members to address all fomis of Snequallty. We will continue providing our members with the invaluable personal support they rely on, including assistance with bid writing, facilitating connections with potential partners. and offering a wide rang8 of funding, training, and capacity-building opportunities. This support enables our members to diversify their income streams. Importantly, we will maintsin our role as a trusted ally to our members, providing a safe and non-competitive Spa￿ where they ¢an find reassurance and support durFng times of crisis. Building on the lessons leamed from the pilot of the Holiday Activity and Fi￿d program, in partnership with the Local Authority and funded by the Department for Education, we will continue to support the Sector in delivering a high-quality offering for our most disadvantsged children and young people. This initiative is critical in creating a comprehensive support system for those who face the risk of hunger during sGhool holidays. We will continue to utilise the flndings from the Youth Voice Survey to enhance our members, and other strategic partners, understanding of the needs of Children and young people in the Borough. Moreover, w8 will actively seek additional fijnding to further build upon our achievements. We will continue to collaborat8 with like-minded partners vtho align with our mission and vision. We will parsisl in promoting Generous Leadership and working with the community and our partners to collectlvely Invest in the local voluntsrylcommunlty sector for chlldren and young people. We will strive to expand our Spac82Grow CYP Fund through financial contributions from partners and the local community, includlng buslnesses and individuals. We wlll work with our partners to advance the Sector Manlfesto, gamering support and engagement from more of our statutory partners. Our efforts through Bamet Together will continue to ensure that the sectors needs and the concems of our residents are heard and addressed. We will maintain our collaboration with other Young People's Foundations to garner support for our local tnJs18d groups, enabling us to create safer, stronger, and more connected communities together. We will contlnue to embody G•n6rous Leadershlp Generous Leadership creates that space to motivate, inspire and empower all of us to do more withln our communities. it allows us to trust and collaborate so that our residents are the true beneficiaries. So, as Generous Leaders, let's look up and forward so that togelher we can help create safer, stronger, more connected communities in Bamet. so all our residents thrive. Working towards a Safer, Fairer, Stronger, More Connected Community! Partnership Working Barnet Together & Barnet Together Alliance YOUNG BARNET barnet IArKt T•ftktr Continuing our commitment to building partnerships. promoting collaboration, and enhancing capacity, we arg proud to highlight th8 ongoing progress of the 'Barn8t Togetherf partnership, which exemplifies our dedication to fostering Generous Leadership. Through our collaboration with Volunteering Barnet and Inclusion Bamet. we have strengthened our Collective resources and amplrfied our unified Vol￿ alongside other strategic partners in the borough. This collaborative approach has yielded langible benefts for our members, including improved access to training opportunities and participation in events like our Conferenc£. We have also fOrn￿d an Alliance with the council to strengthen the engagement with the sector. The Bamet Together Membership Chiklrèn I Youry b￿￿LL&Lif1ffj supwrt ross Al gr(ws One notable achievement has been the positive reception and growing support for the Sector Manifesto. which serves as a framework for cultivating stronger cross-sector partnorshlps. This milestone represents significant progress for both the children and adults, sectors, as well as th8 broader stak8holder community. The expanslon of the 'Bam8t Togethef partnership and the increasing endorsement of the Sector Manrfesto demonstrates our collective efforts to buikl a more Connected and coh8siv8 community. By forging closer relationshlps wlth key stakeholders. we aim to enhance the effectlveness of our Initiatives and create a lasting Impact on the lives of children, adults, and families throughout the borough. V•VM.Bam8tTogether.org.uk Voluntary Sector Manrf8Sto Voluntary Sector Manifesto PAYhd Together Our vision A￿tr￿T￿t forBlIth￿t%*fv inth¢by Our mission AsrnrW￿talr￿r￿othmlr￿ardIrn￿￿t￿IstL￿Q￿kn Devehjping a fron*wryk f partnershlpworklng thectyOLraints￿￿ftW￿KhIyQa1 ¥¥or Workl￿f￿ra B•tt•r6•rn•t A Bettor Barnet for all those who Ilvo and work In the borough, based on real partnershlps and actlve collaboration. Abotter Barnot for 811 those who llve and w<*k in tho b(Yough, bas•d on roal partnershlp and a¢lin collaboratlon. Stronger, safer, more connected communities EffB¢ti* and IndusS¥ewppDrt Strung 80(*)r￿1 nd rèpr•8•ntri B•llArc£•Aborthn and Support Ef*¢b*aNJ mmunty$•¢tor Immunty •ngaymant . B*rNtTr•th•rL•d RoprotgDts¥on and •ngaoernent Erta￿￿? midentsSctsiity lh￿9h untyprf 0¢ommun de*lupmonl de•lgn 8nd deliw&ry A more collaboratlve approach to thallenge5 & opportunitie5 leading to lontrrm resllience Working with local partners on behalf of the sector to influence, to shape, to represent and to advocat8 on behalf of the s8ctor. Example projects in 2022 Objective: Better collaboration (continued) STRATEGIES STFIATEGIES LBB PROJECT5 L8B PROJECTS CYP Plan 2>17 LBB EqualrtEs Rel￿w. Men￿1 Heallh Palenl Chamwons PIE¥enl Agaidd. Bainet Commw)ity Innovatioft Fund. te$￿9 lo Earfy Help Plan Foc¥J Plan. Partiupab"tsn Sttaleyy CoFffjodudJon stralegy Art & Cullwe. Volunteer Strateg/ BACE, Prqed parlner W&G FoDlbaM Ukr￿ne. Refil￿e k&)lels, LGC Awards, Ambits)us I Ban*t Oance Ad4J YOUNG BARNET Inclu5kn Barnet Together Networks dbanks and community groups and wider stakeholders where appn)priate. - Running network meetings to support foodbanks and offer statutory partners a plalform to engage directly with front line services. Helping strategic partners wlthin the Borough to build up a plcture regarding food insecuritylwverty by recording and collating dats to fukfil reporting requirements and ensure service provision is guided by accurate insight. - supports the provision of food parcels for the holiday activity with food programme sponsored by the Department for Education. Food distrlbuted ITonne$ per month) 4S7 45 2b.Al 24 74C 24.411 24.11 1993 l7 11142 14J.f ij Jo YBF and its Strategic Represontatlon In the upcomlng year. Young Barnet Foundation will continue its crucial role as the representative and advocate for the sector and our members on various key strateglc boards. Through active participation in these boards, we will ensure that V￿ act as strong advocates for the sector. repre58rrting their interests, amplifying their views. and ensuring thal their voice is heard. We will stfive to enhance the visibilty of the sector and acknowledge its valuable contributions to creating a safer, stronger. fairer, and more connected Borough. By ser4ing as a bridge between our membership and the statutory services. w8 will act as brokers, promoting improved relatSonships and fostering better understsnding. This collaborative approach allows all partners to have a comprehensive view of the Borough's development. taking into account the contributions of the voluntary, communEty. falth and sodal enterprise eicFSE) sector. their development needs. and striking a balance with the needs of our children and young people. Th￿Ugh this ￿llectIVe effort, we can ensure that every child has the opportunity to thrive, uftimalely creatlng a positive ripple effect throughout the community. Our commitment to representing children and young people's interests extends to our work within Bamet Together. where we Jointly hold strategic leadership roles for the voluntary. community, faith, and social enterprise (VCFSE) sector In Bamet. This collaboration further strengthens our ablllty to advocat& for the sector and ensure Its active involvement in decision-making processes that impact the lives of chikjren and young people In our communty. fe41 thal YBF wepcès8nts I wpports Ihe sèclor fairty Overview of Young Barn•t Foundation's strateglc representstion •pv4tTqr' YBF Jwstsp $ bor¥rts 9ettaTle￿S W¥• PWlxt•W>￿￿P*iy Unltlng Communltlos: A JDurn•y of Inclusion and Empowemient In the heart of our charity's mission lies a commltment to fostering Incluslvity and empowering our dlverse membership that represents our community. Recognising that true change comes from understanding and collaboration, we continue our joumey to engage and upllft p8opl8 from all walks of lrfe. Our narrative unfolds wlth passlon, empathy, and an unwavering dedication to creatlng a more harmonlous and equal society. W8 understand the importance of safe and welcoming spaces where individuals from diverse backgrounds can come together, learn, and build relationships. Our natworks are such places - fostering understanding. empathy, and mutual respect. These spaces become catalysts for dlalogue, educatlon, and collaboration, breaking down barriers and fostering meaningful connections. Through our Equalities Netsvork we dlscuss and ralse awareness about the challenges fac*d by our diverse communltjes. a Spa￿ to foster a sense of collective responsibility and be the champions for change. This is not something we can do alone, that is why our members, voices are the golden thread in our representallon and advocacy. B8yond our direct engagement with our diverse membership, we take up the mantle of advocacy, championing their rights and striving to eliminate systemic barriers. We continue to work with our members towards creakn'ng a more equitable society. y nurturing a culture of inclusivity within our delivery, we provide opportunttBs for indiwduals from underrepresented groups to take on leadarship roles, shaping repr8sentation by amplfying th8ir voices in ijecision-making processeslstrategic representation. W8 strive for diversity within our leadership te8m, both trustees and staff. and volunteers, valuing a range of perspeclives and experiences. Our staff bring a range of Iiv8d experience to their roles and that is valuab18 as a membership organisation. Young Bamet Foundatlon Offices Young Bamet Foundation are based in the Old East Barnet Library, occupying the first floor. incorporation office space for all staff. a meetingltraining room and co-owring space for our Bamet Together partners and YBF members. Young Barnet Foundation do not use more than 40,OOOkwh of energy consumption per year. 3.0 Flnanclal revlew Results for the period These accounts represent the results of the charity for the period from the stsrt of the financlal year on 1st January 2022 to 31st December 2022. During the period the charity had total incoming resources of £1,572.917 and total outgoing resources of £1.537,379 resulting in net outgoing resources for the year of £35.538. Reserves pollcy The Young Bamet Foundation general resenies represents furKls of the charity thal are freely available excluding designated funds and restricted funds. Thg Trustees have set a desired general reserve level of six months operating costs to allow for a reduction in services of the organisation in the event of reduced funding. Wlth the Infancy of the Young Barnet Foundation It is the Board of Trustees aim to be at three months operating costs at the end of 2022. The general reserves of the Young Bamet Foundation at 31 st December 2022 was £215.673. The YBF holds a full Reserve Policy and Procedure document. Flnanclal Slgnlflcant Events The turnover figure for Young Barnet Foundation is significantly higher than the previous year end. This is ftjndamentally di)wn to thr8e key income stream growth areas. firstly the Infrastructure contract with the London Borough of Bamet as part of the Bamet Together Contract. On the Granl Giving aspect of Young Bamet Foundation. there was also a increase in the awards presented via the Holiday Activity with Food grants along with £300,000 being awarded via the Bamet Community Fund, assisted with a matched fund by the Council to support the cost of living c￿$[$ @ffecting the UK dL5ring late 2022. The charity continues to operate at low risk, having no investments. loans or large debts. All risks are managed by a Risk Committee who review the Risk Register at a minimum of iwice per year and when necessary due to a signrficant event. Relationships with all key funders are strong. Whilst the board are seeking grealer income diversification, as outlined by the recruitment of additional fundraising staff with a broad remit, there is no significant concern to operating income moving into 2023, even if grant awards may not be as prevalent as 2022. 4.0 Board Structure, GovemanGe and Managemnt The Board assumes the responslbility for overseeing the govemance of the Charity and holds a minlmum of slx meetings annually to fvlfil its obligations. Th& Trustees appoint the CEO. who is entrusted with managing the day-ttrday operations of the organisation. The CEO provides regular reports to the Board and offers valuable insights, advice. and guidance on both strategic and operational matters. In order to facllltate efficlent operations, the Board has granted the CEO delegated authority within the framework of approved delegation terms, as outllned In our pollcy and procedural documents ratif￿￿ by the Board. Our missiorb is to ensure that every child and young peMn in the Borough of Barnet has access to suitable activltles. opportunities, and support services that cater to their needs. Our vision is for all children and young people to thrive, and we work towards achlevlng this by empowering our members to reach thelr full potential. r2 P4rtnershl F4Trydrals ead ot Commufii ropera lemtnièt Trustee recruitment consists of a 6 stage process 1) Advertlslng rol8 on YBF website and other volunleer websltes followlng skllls audit 2) Review of Cv's and short list 3) Initial Me8ting with CEO 4) Follow up meeting with Chalr of Trustees 5) Meet all Board 6) If invlted to join board an accepted new trustees are ratified at the nexl available Full Truslee Meeting. As per the Constitution initial term Is 3 years, re-election available for a further two terns before minimum 1 year break. Managlng Riskl Ensuring Compllancellntsrnal Controls Our rlsk worklng group meets twice a year, and reviewed by the full board once a year, the Risk Group conducts a thorough examination of the Charlty Risk Register. Subsequ8ntly, anything flagged is taken to the board for review. A full board discussion is programmed In annually wllh summarised findings presented. The Risk Register is organlsed according to Govemance, Extemal, Regulatory & Compliance, Financial and Operational Risk. The committee mainL8ins a vigilant approach towards the organlsation's pollcles and procedures, which includes safeguarding and compliance with General Data Protection Regulations. Their responslblllty entsils verifying the exist8n¢e of adequate controls and systems to minimise both external and Intemal risks. A periodic assessment of the Risk Register is 8 ￿¢UMn9 topic on the Board's agenda. Risks are rated from 1 -5 with 1 being insignificant and 5 being major. In adhe￿nce to the regulations set by the Charity Commission, Young Bamet has integrated safeguarding considerations into a standing item for Board reportrng as well as our Risk register. Regular policy reviews a￿ conducted to ensure ongoing complian￿. As a charity, we are not delivering directly to the childrenfyoung people or vulnerable adultslpublic. essentially. we are a second-ti8r organisation. All staff, volunteers. and trustees are obligated to undergo a thorough Disclosure and Barring Service (DBS) check. For positions involving contsct with vulnerable adults or children under 18 years of age, staff and volunteers are required to und8rgo an enhanced DBS check. GDPR - Young Bamet Foundation was in late 2022 and into 2023 conducting a thorough seff- assessment to ensure compliance with the General Data Protection Regulations {GDPR) and has successfully comp18t8d a checklist provided by the Information Commission8¢s Office {ICO). To oversee data protection matters and facilitste communication with the ICO in the ev8nt of any data breaches, the Board of Trustees has designated a Data Protection Officer within the Senior Leadership Team, they report to the board. The Board of Trustees is confident that the organisation has ￿)lfilled its obligatÉons by establishing effective Pro￿$$eS and structures to safeguard personal data. Measures include a cloud-based storage solution. password protected 18Ptops and in 2022 we undeNent a security review and upgrade of all our systems. We also have the following policies in place which support our work to manage risk and ensure compliance: Trustee Board Handbook Transparency & Accountability Policy Whistleblower Policy Staff Handbook Code of Ethics Complaints Policy Financial Controls Policy 5.0 Statement of trustees. responsibilities The trustees are responsible for preparing the Trustees, Report and financial statements in accordance with applicable law and United Kingdom Accounting Stsndards (United Kingdom Generally Accepted Accounting Practlce). The trustees are required by law to prepare financial statements for each financSal year which give a true and fair view of th8 State of affairs of the charitable company and of the incoming resources and application of resources including the income and expenditure of the charitable company for that period. In prep8rlng these financial statements, the trustees are required to: a) select suitable accounting policles and apply them consistently; b) observe the methods and principles in the Charities SORP; c) make judgements and estimates that are reasonable and pnjdent., d) state whether applicable UK accounting slandards have been followed, subject to any material departures disdosed and explained in the financial ststernents; and e) prepare the fin8n¢lal stst8m8nts on the going concem basis unless it is inappropriate to presume that the charltable company will continue in business. The tnjstees are responslble for keeping adequate accounting records that disclose,. with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the flnancial ststements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charitable company. and hence for taking reasonable steps for the prevention and detection of fraud and other irregularilies. Approved by Trustees on Date: II'OJL 109] OU2ILL Independent audltor's report to the truste88 of The Young Barnet Foundatlon Opinion We have audited the financial ststements of The Young Barnet Foundatlon ('the charlty,) for the year ended 31 December 2022 which comprise the Ststement of Flnancial Activities. the Balance Sheet, the Cashflow statement and notes to the financial slatements, including significant accounting policies. The financial reporting framework that has been applied In their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard 8pplicable in the UK and Republic of Ireland (Unrted Kingdom Generally Accepted Accounting Practice). In our opinion, the financial ststements: 'gtve a true and fair view of the state of the charity's affalrs as at 31 De￿rnber 2022 and of Its incoming resources and application of resources for the year then ended; .have been properly prepared in accordance with United Kingd¢)m Generally Accepted Accounting Practice. and .have been prepared in accordance with the requirements of The Charities Act 2011. Basis for opinion We conducted our audit in accordance with Int8mational Stsndards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditorfs responsibilities ft)r the audit of the financi81 statements section of our report. We a independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial slatements in the UK, including the FRC'S Ethical Standard I, and the provisions available for small entities, in the circumstan￿$ set out in nole txi to the financial statements], and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going cOn￿rn In auditing the financial statements, we have concluded that the director's use of the going concem basis of accounts'ng in the preparation of the financial statements is appropriate. Based on the work we have perfomed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Young Bamet Foundatlon's abillty to continue as a golng concem for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibililies of the directors with resp8Ct to going ¢oncem are described in the relevant sectlons of thls report. iJher information The other information comprises the infonnation included in the annual report. including the trustees, report, other than the financial ststements and our auditorfs report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other infomation and, except to the extent otherwise explicitly stated in our report, we do not express any fonn of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other Inforniation is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misststed. If we identtfy such material inconsistencies or apparent material misstatements, we are required to determine wh&ther this gives rise to a mal8rial misstatement in the financial statements themselves. If. basad on the work we have performed. we condude that there is a malarial misstatement of this other informatlon, we are requlred to report that fact. We have nothing to report in this regard. Matters on which we are required to report by exception In the light of the knowledge and understsnding of the charity and its environment obtained in the Course of the audit. we have not identified material misstatements in the trustees, report. We have nothlng to report in respect of the following matters In relation to which the Charities (Accounts and Reports} Règulations 2008 require us to report to you if. in our opinion: .the information given in the trustees, report is inconsistent in any material respect with the financial staternents., or •suffici8nt accounting records have not been kept. or .the financial statements are not in agr8em8nt with the accounting records., or •we have not received all the infomation and explanations we require for our audit. R8sponsibilities of trustees As explalned more fulty in the trustees, responsibilities ststement, the trustees are responsible for the preparation of the financial statements 8nd for being satisfied that they give a true and fair view. and for such intemal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement. whether due to fraud or error. In preparing the financlal statements. the trustees ar8 responsible for assessing the charity's abilty to continue as a going concem. disclosing, as appllcable, matters related to going concem and using the going concem basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so. Auditor's responsibilities for the audit of the financial statements We have been appointed as auditor under section 144 Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error. and to issue an auditorfs report Ihat includes our opinion. Reasonable assurance is a high level of assuranc8, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material mlsstalement when it exists. Misslatements can arise from fraud or error and are considered material rf. individually or in the aggregate. they could reasonably be expected to influence the economic decisions of users tsken on the basis of these financial Statements. Irregulariti8s. induding fraud, are instsnc8s of non-compliance with laws and regulations. W8 design procedures In Ilne with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed b810w: Our approach to identifying and assessing Ihe risks of material misstatement in r6spect of irregularities, induding fraud and non-compliance with laws and ragulations. was 8s follows- the 8ngag8m8nt partner ensured that th8 engagement team collectivety had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations; we identified the laws and regulations applicable to the company through discussions wlth directors and other management, and from our knowledge and exp8rience' we focused on specffic laws and regulations which we considered may have a direct materfal effect on the financial ststements or Ihe operations of the company. we assessed the extent of Complian￿ with the laws and regulations identified above through making enqulries of management and inspecting legal correspondence where appllcable,. and identified laws and regulations were communicated wtthin the audit team regularfy and the team remain8d alert to instances of non-compliance throughout th8 audit. We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur. by.. making enquiries of management as to where they considered there was susceplibility to fraud. Iheir knowledge of actual. suspected and alleged fraud; consld8rlng the Intemal controls in place to mltlgate rfsks of fraud and non-compllance wlth laws and regulations; and To address the risk of fraud through management blas and ovethde of controls. we: perfomied analytical procedures to identify any unusual or unexpeded relationships., tested Joumal entries to identify unusual tr8nsacttons' assessed whether judgem8nts anrj assumptions made in determining the accounting estimates were indicative of potential bias. and investigated the rationale behind significant or unusual transactions. In response to the risk of irregularities and nonvomont In funds 41,066 15.5281 35,538 289,681 Balances broughtforward at 1stJarn*y 2022 173.068 329,677 502,745 213,C64 Bakncas rArrfed forward at 31st DeC￿ber 2022 214,134 324.149 538,283 502,745 All dlsdosures rela* ontyto conlnulng act￿￿88. Al gair@ and bssgs in thg ygar arg Indudgd akng. Th• Young Bamgt Foundation Balanc• Shoot As at 31 D•cember 2022 2022 2021 as restated Current Assets Debtors Cash at bank and in hand 12 326.919 446,970 4,381 579,132 773,889 583,513 Credhors - amounts falling due within one year 13 235,606 80,768 N•1 ¢urr•nt as$*ts $38,283 502,745 Totsl ngt 0SSots 538,283 502.745 Funds Restrided Unrestrfcted - General 14 324.149 214.134 329.677 173.068 538,283 502,745 Approved by the Board of Truslees and 8uthorfsed for Issue o s.i. nd svJned on its behalf by.. Name: Bf HANI IU2QLY, 14BIL OF /ILlA31￿. The Young Bam•t Foundatlon Cash Flow Statemont Year ondèd 31 December 2022 Not8 2022 as restated Cash flows from op•rnting activiti08 Cash ggneralgd trom operatK¥n$ 131,933 362,(K15 Net Cash provldod by o￿TatIng actl¥ltl•s 131.933 362,WS Ca8h flows from Invè8tlng aCtlvitlè8 Purchase of tarolble fixed assets InteTesl re¢eived 229 Net Cash used in investing activrtÈ8s 229 Change In Cash and cash equlval•nls In th4 r•portlng porlod 1132.1621 362.005 Cash and oqulvalonts at thg bsglnnlng of the rgportlng pgrlod 579.132 217.127 Cash and cash ffjulval•nts at th• •nd of the reportlng perlod 446,970 579.132 Th• Young Bam•t Foundation Notes to the Cash Flow Statgment for the year ended 31 December 2022 1. RECONCILIATION OF NEf INCOMEI{EXPENDrruREI TO NET CASH FLOW FROM OPERATING ACTNITIES 2022 2021 Net Inc¢mel(Èxpendlture) for the reportlng perlod l.as porlhe Statsment of Flnanclal ActlvltlK} 35.538 289,681 Adjustments for.. DepreCIa￿On charges Inlergst r8¢eiv8d Ilncreaseydecrease in debtors Increase in creditors 229 (322,5381 154.838 48,842 23,483 Not cash provlded by op•rntlon$ 131.933 362.005 2. ANALYSIS OF CHANGES IN NET FUNDS cash At 01.01.22 Cash flow At 31.12.22 Cash al bank 579,132 132,182 446,970 579,132 132,162 446,970 Total 579,132 132.162 446,970 Nots¥ to th•A¢Mubth lwthb￿arenthd 31 D•¢•rthr2ty# i AccOu￿n9 poH¢K•i C￿rIty Infwmthn The Bamet FoundtAlon It 8 Charflnblo Inwpor•W Organhalrffi. The athJre6616 E881 Bam* Lbmry, 85 Brookhll Road, E8St BarneL EN4 8TE. Bull al pr*pArntbn The finandal 8lal•m8nts h8v8 b8en prepared in acDJrdanpR with Awjundng and Repothg by charflhs". St8temoni of R6*0rnmendBd Prdctce applkab* to tharib*s pl$par￿g WXL¥Jnls In xcorOanc• wrfh th8 Flntndd Report Slarhyard 8ppllrable In th* UKand R8pubkGol Iroland IFRS 102. frfbctwfy 1 January 2015FIChèrfilès SORP FRS 1021. The Younu Bwtyel FLwndEbDn rntttB Ihe definttlon ofa pttjlc benefft enltyund8r FR$ 1ry2. As8ats *¥J ￿lbIlli￿￿ are I￿lIallYr￿0￿*0d at hlylorleal ¢091 ortransxtion value otherwlse statsd h th• ralfrvanl a&X*AJnfj￿ poltyornote. Golnp CorbB•m The TNstee$ 0)h￿derth￿1tharts nts material LrnrtBlrrtK￿ about the chjrtys abiltyto wntynue os agthg ¢on¢•m Grants ar¢ r¢wfj¥¢¢ 86 Wh￿ tr*•nUdomonl ia thè grant Is Certakn. Grantts mado towrdth the ri•ts 01spor41￿actknkn0ts tary￿8* arè t￿0$1fi￿d as re#knrted income. vVhe￿ soryk88 a￿ notfvly doliYoTtd Ihe pernd the reslricled ir￿rne was re¢eSv•d. th8 b8hnt8 olthe utantis resknda fvnd5. Grgnts trnY8rds th• Cost ofa¢qulrfno 8988ts are as reslrfcled Snc￿• wh•n ret8ived. Attanster is made frvm r￿l￿ra•d ￿ndS to furKl$to roféct tho wrcha8e of¢apitalltsm* Grants Ihal prav cor• or8 general eonthbuiion to the Ltharity are indu￿1 In voluntary1n￿m0 Y￿￿nIary IneoM• Vdunwkneome Inc￿d￿ donation6 trom tru¥t$4nd tompknie8. unrvslriLthd grnnlBark¥ leaaries Donat￿￿8 arn rnCo9ni￿d kn th• wwnllfflg p•th)d In trhfilch th8y are I￿￿¥0d. knv••trn•rt Ih¢uh In￿SIM￿l Inc•m•18 Ind￿jOd 910*8 c*atthe 4Mounts yu$lh• altrfbutablg ta¥ ty•(IL F••¥ Ind •al•s Faes forthe Wpptyof¥e￿ceS ￿t ¥e(J¥niged whBn eamtd. IncLY￿ reC4￿d In •JVanrZtr￿ ¥rvkv to ￿￿￿Ted foWn9 year is Iroated B5 deferr￿ Incomg ond in ueditors. D8few8d Inl￿￿8 in these finandal slalem8nts k shavm In N¢)ts 13 b8kM. Fumd thccovntlng Reslrid8dfunts subl8¢t to r¥striEtions imr￿Sed byth8 bylhe spe)fict￿￿ ofthe thatlty opwl. Th8$0 are accounted aratetyfrom unresbicted fvn(ts. D&tails of r¥sbidedfimd8 are atNots 14. threslncted fiJn¢ts aret￿$6￿1￿ art notsubixt to restitbonB. Any surVuse$ ore •valkgbl8 foru88 ththe dl8c¥eih)n ofthts I1￿tt￿8 in lurthèrance ol the obledves th8ty. Exp•ndltUTP Go*$ 8ppoibrffled Èo In(4udo co8ts ofatatfbntr spÈnton each Breo of8ciNky, In￿1￿0 lft orderlo ctmty. ond support apw￿0￿•￿ aceordlty ￿ Ihè rai'o oftstsff timg on Ihe area ofaclDAty to total slaff ￿rn•. P•n•ion eoits ThE charityoperates a gr0￿p porsonal p8n8kn 8théme. Tho a$￿tE ofthe sth•m• arn Eepgr*eWfrom those ofthe in IndependDnly admkn15tered fvnds. Pfyyments In r86P8¢tof ￿rrents￿r¥[cewnIritV￿OnS are charged in the a6 theyfalldue. Flx•d •u•ts Tangib￿ fix8d s￿1$ (05Ung morn IhHTrt10W 8re ￿pital￿ d8predat8d ov8rth8iru6eftA lives the baIBn￿ Sheet 8t cost a(tumula16d d8prock?Uon. D?P￿￿￿ttDn k provkled althB fdlowtrg rat•.. Compul8rs 8nd ot￿re￿￿*￿ent-2S% per Bnnum. C4¥h snd ¢a¥b oquSval•nts Cash al bank and eash kn h8nd Indudes cash awj short tatm h￿JhIY Iquld Inv051rngntG whh a thort matrjrty Dflhr8e months from the daio 01acqulsi￿an oroponlrg ofts d$ptWtor8knPAr a(*)unL Not•*to th• A¢WJnt#f0rth*￿ArtDd¢d 31 Dpr*mber2022 Fln•ncLIl Irwlwm* Th• onty ha$ lknfrtol Ilabilthllofn knnd tw quallty88 WcflrAnr¥ inelnJmonl6. BoBtffftan￿l instrumsnts gr• In￿al￿re(•llnw gllrnnsBCtbJnvai* and Jubwuenty m8asur8d atthewsetuernentvalL￿. VAT knclud•s VAT connot b•fvI￿ r•c4V•￿1 fvn HM Rw8nu8 8nd Cu8trJm Th8 ac¢ru81s arylled. LlabllMkn& Bre rvcDorM¥ed as as 8 ￿0)n8￿J￿8 iriae&. Tho t4%npany* arngl8t8r8d ¢h•rlty not Ilablo tr* Corporakn TBxon h ryjrrnnt adfvfoos. Crltl¢al •sllm•t•¥ •rKIj￿p9mgTrts In th8 appkalknn ofthe charity'$ acrA)untrng polklB5, the tNstqes *ro rn4￿red lo makeiudgements. 0gNmale5 and essurn￿￿5 BbrArt tho of wssets l￿bIllIo￿that are r￿troPdlty appar8nl 1￿M olhor$ourcos. Tho eslmot•5 and Bssodated ￿5￿mpIOnS arB bas￿ on histor￿31 qxwripnL¥ Bnd othBrf*tcrt thaiarg eon61dered to bo re￿¥￿ni Actual resums may d￿erfrtsm Ihp* tirnAtes.The esbmètes and undarfwng 8ssumplbns are reviewed on en ongolng bas15. Rev1￿(￿ to ocfx)unUng 08tinatO8 are rtrfjuni￿d in the pevknd in the 8sUmot& k8 rev￿e￿ where th• rnvlthn affoLts*Jnfy that porhjd. the p8rio3 oftho r•vMion And future periods where Ihe rev*lcffj affects bolh ¢urrenl endfijiure p￿d MM•w•m•ntoflln•n¢￿I •ndlln•ncl•l Il•bllllS•• B88kfin8nd81 •8¥el&, wthlch i￿ude d8btors and L*tsh and bath are ini1Oly mtatutèd attranlacllon prtc• hdudlng*arth(ah)n costs subsequenly Gèftied 818mth8d (o6t u￿nfj ihe 8ffectwe interest meth(xl urle88 the Èrr8n9*MnteOn8￿t684 fin8n¢lng fran5aclon, %vhere the tsansathn ￿ rn•8$urnd atlho we8onl ¥a￿E ofthefuture reuipts diacountsd 818 m8rktlrnts ofhtwe¥l. r￿￿L¥al 8¥s¥ts C￿$81￿$d as r¢¢elv8Ne wrthln yvror• nDtarnortt50d. BaS￿￿Than￿81 labllt*s. Indudiro uethrnand bank lojm arE inthiy rncounthy attr•)oa¢fjon prk• w*•lh* ortwènt rrttuhs a ffn8nthg transactbn, *there the d2bt in81rumBnt i& m?B8urqd 81 Ihe k*esentv0￿e of the payThents drKountsd ata market of Int•r•51. FinaTrGval labiStsesC1&5si￿d 8$ P8y8bl6 wthkn year ore not amortised. Debt 1nslnjme￿1 arn sUbgequ8ni￿ cal￿d at 8morUs8d (J)st, U8lng the effethg Inter•6tr8to mothc*. Trade af• obllg8llon8 to p8yforgood8 ￿8•￿￿9*thet h•vg 4equlred In th• ordlnary¢our8e ofoF*ralhn8fr0rn 8upw￿r8. Amounts payablo ** 4$ wrrent Trabilty90 rfPg￿nQnt ￿ due *lthiTh on•yo8ror b$8. Ifn¢L thoy 8ro preg•Trtsda4nonrfuTr•nt li8bilit*s. Trade cthlitorg are recognisfrd Initillty¥t￿11cUoTh prité and sub8equenVy m&qsured atamorbsed cost Using effEctNO Ini8r•s1 method. Notr6 to for1￿yo•rInl￿￿ 31 D•wrnlw Z022 2 Donallonl S L¢wl•s R•¥lrfLtod 2021 188.230 89,930 168,230 89.930 240,000 9.798 CKfflalons 258,160 258,160 249,798 3 A¢tl¥ltkn lorTab¥img lun Re8lrfctsd 2022 21 Events 10.48 10.488 4.372 10,486 10.488 4,372 2DZZ 21 BÈnk d•PtyI arnd oth•r int•r•4t li S Chvhabl•Acdvlty 1.302.609 1.302,609 1.433 1.304.042 893,111 47.017 740,128 Pl￿a￿d#￿Vary 1.433 1,302.609 3022 • Costof raiBinB IwMI• staff Gosts Fundrdslrvj cost SupwLcosI8 UrrfpslriLIBd 5,017 14.773 R8sIriLtsd 5.017 14,n$ g.S93 29,114 20,114 7 I￿￿0￿1•X•MbThaIIONfl15 In￿ded wtthln govern8rv )xt- 718 £4,5￿{2021.. £1.4501 In r•¥ptyct of •Jdttfa•s. Nots¥ t¢ th• A¢¢ounty f¢rth• y••r•nd•d 31 D•¢•mb•r 2022 Unrn8tri¢l8d 2022 2021 ChnrltsblB aclvlty Ch8fjlabb ac￿¥ Sa*rfes SIBff expon 80,000 85, 9,232 111.197 318A37 191,197 403,6B9 9,232 881,042 212,2 a81.042 303.103 174,494 1,310.676 1.485.170 609,3n SupF*xt Governanrnwot 22.718 f2,71B 1.450 634,091 201,712 1.510,6T6 1A12.3B8 9 olsupport co 2C+22 2021 Slaff trxpen8•S Offl20 •ynd#ure MemberJhlp f8e IT expendliur• rn8rth& In6¥Mn 1.220 1.583 1,220 13,S64 2,398 42.438 18,969 1.928 6,786 2,700 11.961 2,118 5,293 1.034 4.816 27,218 32,034 72,812 SuDDort ¢06tsh8ve oppwbon&4 U￿n# th¢ r•ltsafllTh 6D8nl for eath om￿0￿9 2•22 20 10 Sl•ff ¢o•ts wa￿ sg1grie¥ Vvlurttaeroxp￿8e$ EmrAtyee oywens68 and we¥oro stAtf Iralning 370.588 265,138 1,645 1.517 2,895 8,412 1.718 2.424 363,257 278,595 Fundraithu charkab￿ advlty Admirithlon and wppurt 5,114 376,9fJ 1.220 228,564 42,438 383,257 278,595 2122 14 21 Averagt wmber ofempkny¢eB and 8vorow n￿berOIful1 timB W41 No 8mplwee ro￿￿0d omdurnonts In of£60.OQ) porannum. Not•$ to the AcEowbts forth•yMreThJgd 31 D•ufflb•r2022 118ts•d DIT￿￿**xPlfft eynseswera p8kl loTN8t886. No r￿uner8tion was p81d ID 8nyTrustse 12 D•bt 2022 A¢eN*d in¢•me Olherdebtors 322.115 4,361 326.919 4.381 I d•btors ar• récovw8bl• wDhln on•￿￿. 13 CF•dkn- gmounts f41ngd￿￿lttkn onB yAqr 2022 Arxrued ewendthJr• Grants payab Taxat￿￿ and tsotsal $￿Jnfy Defer￿ 20,280 168.412 1.914 45,WO 41.818 37.500 235,￿6 80.788 14 R••trf¢t•d Fvnd8 Mo¥•mnt In Ro8•ur¢ 1stJanuwy 2422 In¢omlng Oulgokng Trnnsf•r 31st D•c•mb•r YtyJthV&c8 Ywn9 Lwdor•r4 He￿0￿￿Tr Trwl Copop Fund Communty Excolon(* Fromewcfk YBF C￿¥¥j ProJ#Ets Enrfchmenl ¢oor(Irotor F(odbank Support Na&Dnal Lottery Reathin9 Communl&8& Upshot Project HAF IHolvJayAdNty Fundl P051Mde Lott•ryAward 137 1Z6 200 1M57 7.303 4,049 200 1,0 7.303 4,049 62.5(X) 59.282 62.5)D 28h88 61262 1￿,740 45,311 1.280 76.n1 14,464 105,460 1,4201 14,464 1.000 174.666 97.788 1,000 112,254 25,954 6,000 27,800 19.469 6,421 3,994 2,ODO Bgmel ComrnuntyResptsns* Fund ICovld.191 Spac42Grow ChlkYr¢n y(￿r￿j Pe(* Fund Gtanl MGT Educakn Parin¢rshlp Infrdstruclure Support •ntsl Heatth wojgct Prevent Proj8(a Ukmine Chrl$thas GrfiCamp8&n 2022 403,SfX) 343.296 7,5 37.552 199,853 8,OOD 21,652 6,223 465,912 415.130 9.752 209,322 1,579 17.668 4.223 2.538 12.6381 1.3Q2.609 1.310.677 12,639 329.877 324,148 Nol•B to I￿AcCOU1￿8 far th? y•v•ndtrd31 D•t•mb•r 2022 1stJ•nu•ry 2021 Irtrynkng Outgdng TrnMf•r 31st DK•rnber 2021 Youth VoKe Young L￿d¢￿Or¥ HBndonwn TnJst Cwp Fund Cornmunty Exctrlènc8 Fr¥n8WO BF ¢Th4d Prolects Enrfthrnenl CDordnator F*)odb9nk mur￿ Project Nationd Loiiery Roaththg Communfdes Upshot Project HAF IHofhJayAefvty Fund) LottBryAward 137 12fj 200 1,057 7.3D3 720D 7.200 11.057 17.536 1.045 11.046 10,233 1,079 50,000 29.074 11,0121 eo 7.908 S,760 14,6201 65.750 111.1121 4.B19 37,500 12.￿0 53298 7,907 54.636 19283 1.￿0 14.464 VRU Bametcommunty Responso Fund ICthA(k191 SpaL*2Grow Chlkjrnn a￿1 Youw Peopkn FvTrJ 41.621 2,238 124A49 150.751 381.041 693,110 11.612 285,491 504.628 116.7•MI 174.666 97.718 329.677 Youth Volc• SuThByofYour¥ P&1￿8 a¢[￿ BamgttoGgttheirvdc• on th8 Df Chi￿rnn yaury li tho Boft)ullh Yourty Londomrs - M8yorof London Fundlng tsckNro youih viohnc• TN6t - for $mal proiods Co￿p FurMI . Safe 6pac8sf0rw￿g peop Communtty EwTh•nc• Framework_ SoffvAfv dovtshwment gr8ntforon onlna quaityma YBF CovSd prO￿¢ts Covxl Re6ponae Fun(I' Enrfchmpnt Coorthnthr. C￿tra￿ manag0￿nI ofB Enrfchm•nt Coordlnator DCrC￿ B¥Mt and OtsrLc￿dCTr BorL¥J4* F•gdbAr* SypportlBorn•tCourbelll- SupportSw tho B8rn01 Foothub to tha IoDthnk£ ￿rosS thD BorcuBh Home Group Mwal Prol•ct. Supportkng prol8ctto brkng