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2025-03-31-accounts

Docusign Envelope ID: 7A863996-9EFC-4153-B00F-061BB93A4A26

REGISTERED CHARITY NUMBER: 1165871

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Young Brent Foundation

Grant Harrod Lerman Davis LLP Chartered Accountants Second Floor, Kirkland House 11-15 Peterborough Road Harrow Middlesex HA1 2AX

Docusign Envelope ID: 7A863996-9EFC-4153-B00F-061BB93A4A26

Young Brent Foundation

Contents of the Financial Statements for the year ended 31 March 2025

Page
Report of the Trustees 1 to 7
Independent Examiner's Report 8
Statement of Financial Activities 9
Balance Sheet 10
Cash Flow Statement 11
Notes to the Cash Flow Statement 12
Notes to the Financial Statements 13 to 22

Docusign Envelope ID: 7A863996-9EFC-4153-B00F-061BB93A4A26

Young Brent Foundation

Report of the Trustees for the year ended 31 March 2025

The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The Young Brent Foundation [YBF] champions the voluntary, not-for-profit, and social enterprise sector by convening, connecting, and supporting organisations. We work to help organisations focused on Brent's children and young people to make the biggest difference they can. There are five headline priorities:

  1. Venue Bank

  2. Small Grants

  3. Revenue generation for the Play and Youth sector in Brent

  4. Capacity support to ensure contract / grant readiness

  5. Collaboration and networking to develop cross sector working.

The charity's objectives are as follows:

Public benefit

The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Page 1

Docusign Envelope ID: 7A863996-9EFC-4153-B00F-061BB93A4A26

Young Brent Foundation

Report of the Trustees for the year ended 31 March 2025

ACHIEVEMENTS AND PERFORMANCE Charitable activities

The context of this financial year

In 2024/25 Brent's children and young people have continued to struggle in the aftermath of the cost-of-living crisis and the pandemic. As one of the most deprived boroughs in London, the inequality gap has deepened and expanded during this time. Nearly 4 in 10 children live in poverty, driven primarily by high housing costs, Brent is consistently above London (35.2%) with rates between 39.5-40.9%.

Temporary accommodation use has surged by 44% since 2021, with 3,194 children affected, with a high demand for support services with 34,000 on housing waiting lists vs 650 homes annually. We hear from young people and our members of the impact on children and young people who experience temporary housing - educational disruption, lack of study space and long school journeys, increased anxiety and mental health problems. 68% of school staff report more children don't have enough money to buy adequate food.

For young people in Brent experiencing poverty, housing instability and violence exposure (high crime wards) - the impacts multiply exponentially, creating toxic stress that shapes lifelong trajectories.

Our members tell us that while need is increasing, their access to core and even project funding is decreasing. It is not surprising therefore that over a quarter of members feel concerned about the future of the youth sector. Research consistently demonstrates that stable relationships, basic needs support, educational advocacy and trauma informed care are the most powerful protective factors against lifelong negative outcomes.

In 2024-2025, Young Brent Foundation reaffirmed our status as a linchpin of youth empowerment, capacity building and cross sector partnership in one of London's most diverse and socioeconomically challenged boroughs. Through stewarding significant resources, advancing cultural competency and launching collaborative programmes with a sharp focus on intersectionality and youth -led practice. This report details the income, outcomes and stories underpinning our work.

Grantmaking and Investment in Community Capacity

Small Grants Programme: £210,000 distributed to grassroots initiatives, supporting direct benefit to children and young people, especially in deprived or underserved neighbourhoods.

Consortia - led Mobilisation - £1,000,000 leveraged for collaborative, system wise projects such as violence reduction, creative industry access and local economic integration.

Operational and Capacity Building: Approximately 15% of income dedicated to upskilling small grassroots organisations.

Unlocking funding into programme and services for children and young people

Page 2

Docusign Envelope ID: 7A863996-9EFC-4153-B00F-061BB93A4A26

Young Brent Foundation

Report of the Trustees for the year ended 31 March 2025

Programme Impact Summary

Flourishing Futures

Flourishing Futures is a flagship peer-led research and leadership project empowering young Brent residents (16-25) to highlight and address barriers to employment and shape policy responses. Partnering with Brent Council and leading housing associations, it stands as a local example of youth - driven change under the national Connected Futures (Youth Futures Foundation) umbrella.

Outcomes & Innovations:

Sara Shofique, an apprentice recruited into Flourishing Futures, now bridges Brent Council and YBF, directly designing new youth employment interventions.

Church End Anchor Youth Hub

The newly commissioned Church End Anchor Youth Hub, managed by YBF for the next 10 years at £846,250, serves as an emblem of locally rooted, co-designed provision for one of Brent's most disadvantaged communities.

Ambition

Co-design process with local young people and partner (notably United Borders) ensuring programmes reflect lived realities and aspirations, tackling anti-social behaviour and enhancing intercultural understanding.

Provide a safe, creative and enabling environment, supporting pathways out of poverty and exclusion of young people.

Partnership with Brent Council and major funders evidences long term commitment to transformative place-based support.

ViBrent ( Arts Council Place Partnership)

With £550,000 awarded by Arts Council England, ViBrent unites nine arts organisations - including YBF, Punchdrunk Enrichment, Royal Philharmonic Orchestra and others - t transform the arts and culture landscape for children and young people in Brent.

Key features:

Young creatives have accessed skills bootcamps and festival curation roles, one participant described "seeing possibilities in music and theatre I never thoughts were for people like me".

Key Partnerships

Page 3

Docusign Envelope ID: 7A863996-9EFC-4153-B00F-061BB93A4A26

Young Brent Foundation

Report of the Trustees for the year ended 31 March 2025

John Lyon's Charity - John Lyon's Charity provides grants, support and guidance to benefit children and young people up to the age of 25 who live in nine boroughs in North and West London. The Charity distributes around £12 million in grants each year, of which Brent benefits from direct funding and collaboration - £1.5 million per annum. Vital long-term support and commitment from John Lyon's Charity to provide core funding, continues to enable YBF to thrive locally.

Young People's Foundations - YBF is part of the Young People's Foundations (YPF's), a model set up by John Lyon's Charity to address the ongoing pressures on the Children and Young People sector. YPF's bring together the public, private and voluntary sectors to effect positive change for young people. Based in local communities, each YPF is an independently registered charity, and their services are led by their members and based on the needs and assets of their area. Together they share a common goal - to help create and champion a more impactful, co-ordinated, and sustainable sector to ensure all young people have access to quality support and opportunities.

As of March 2025, Young People's Foundations exist in nine London boroughs and include: Young Barnet Foundation; Yong Brent Foundation; Young Camden Foundation; Young Ealing Foundation; Young Hammersmith & Fulham Foundation; Young Harrow Foundation; Young Westminster Foundation; Young Kensington & Chelsea. Other areas across London are also creating Young People's Foundation.

Youth Futures Foundation - is an independent, not-for-profit organisation established in December 2019 with £90m endowment from the Reclaim Fund to improve employment outcomes for young people from marginalised backgrounds. Our joint ambition is to narrow employment gaps by identifying what works and why, investing in evidence generation and innovation, and igniting a movement for change so all young people have fair access to good quality jobs.

London Borough of Brent - YBF has contributed to the development of two important strategies, Brent's Youth Strategy and Brent's Employment and Skills Strategy. YBF engaged in regular partnership meetings including LB Brent Early Help, Safer Brent Partnership, Young People's Trust, Partnership for Young London, THRIVE (mental health), Brent Young People's Alliance (mental health), Meta Network (CVS Brent accountability group), London Youth Violence Network, Healthwatch Brent Advisory Board (The Voice of Young People) Brent Strategic Sports and Physical Activity group and Metroland.

Metropolitan Thames Valley Housing, Hyde Housing and Peabody Housing - Over the past 12 months this partnership has secured funding from Youth Futures Foundation, to include the research of barriers to employment in Brent. Developing local networks and trusted relationships is key to enabling young people to lead, influence and inform the design of future projects and services. The young people will be supported by the extensive expertise of the Young Brent Foundation, grassroots membership organisations, local youth workers and housing associations via on the ground teams.

Membership

YBF has over 150 members who are categorised as delivery partners. These are organisations and or individuals who work directly with young people. We have 9 large scale partners (Housing Associations, The Princes Trust, Street Games, LB Brent, WSF, Quintain and Kiln Theatre) plus other VCS / charitable organisations in the community. Significant developments with the 'mapping' of membership on the YBF website has taken place and is now live for all members/potential funders and the community to access. The website has a link to the places in Brent where members deliver and linked to individual organisations websites and/or Facebook accounts.

From meetings and site visits with some members we can report a year-on-year growth in family engagement and session attendance, with some organisations reporting a 4000% rise in participation due to YBF's capacity building interventions. By partnering with YBF, Unique Community expanded in-school arts and drama sessions, increasing accessibility or under served groups. Peer to peer learning and local facilitator training now drive the next generation of youth leaders.

Page 4

Docusign Envelope ID: 7A863996-9EFC-4153-B00F-061BB93A4A26

Young Brent Foundation

Report of the Trustees for the year ended 31 March 2025

FINANCIAL REVIEW

Financial position

Our finances are in good order with reserves which will be used to support the direct work we do to support the VCS youth services in Brent. Our core revenue came from London Borough of Brent, and we also secured additional revenue from a variety of sources of which 90% of this has been used to deliver support and services which directly impact on young people in Brent.

For the year ended 31 March 2025, incoming funds of £907,965 (2024: £984,751) were received and outgoing expenditure amounted to £801,438 (2024: £1,284,358). This resulted in net income for the year of £106,527 (2024: Deficit £299,607 ) and net current assets of £234,876 (2024: £130,642).

Reserves policy

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three- and six-month's expenditure. The Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

The Financial Sub-Committee has established a reserves policy as part of its plans to provide long term support to Young Brent Foundation. The Financial Sub-Committee calculate the reserves as that part of the Foundation's unrestricted income funds that is freely available. As at the year end the charity had overall reserves of £238,560, with £10,193 being unrestricted.

Principal risks and uncertainties

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

Principle risks - Our finances are in good order with reserves which will be used to support the direct work we do to support the VCS youth services in Brent. Our core revenue comes from John Lyons Charity. Going forward the charity will need to secure further core funding streams as it aims to grow and thrive.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

Page 5

Docusign Envelope ID: 7A863996-9EFC-4153-B00F-061BB93A4A26

Young Brent Foundation

Report of the Trustees for the year ended 31 March 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Board continues to meet formally each quarter with the CEO. We have a rolling calendar of Board meetings on which specific items are scheduled for discussion. We continue with our action log for each Board meeting to ensure Board decisions are followed through.

YBF team

I would like to specifically thanks the YBF team for their work over this financial year and for their continued passion and dedication in making all of the above possible.

Trustees, Staff and Young People Awayday

We held our AGM as well as an Awayday involving all Board and staff. The purpose of this day was for the staff and trustees to:

The Away day acknowledged key risks regarding the Anchor Youth Hub. However, we also acknowledged our strengths in building relationship and managing significant resources as well as generating collective impact through over 100 partnerships.

Apart from the founding charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees.

In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.

Principle risks and uncertainties facing the charity

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

Principle risks - Our finances are in good order with reserves which will be used to support the direct work we do to support the VCS youth services in Brent. Our core revenue comes from John Lyons Charity and the City Bridge Trust. Going forward the charity will need to secure further core funding streams as it aims to grow and thrive.

Uncertainties facing the charity - The impact of the pandemic, rise in energy bills and the high levels of families requiring support, all have an impact on the charities ability to thrive and grow through these trying times. As we look to grow and sustain our base in the borough, the charity will need to pivot and adapt in the changing times ahead.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1165871

Page 6

Docusign Envelope ID: 7A863996-9EFC-4153-B00F-061BB93A4A26

Young Brent Foundation

Report of the Trustees for the year ended 31 March 2025

Principal address

4B Excelsior Studios 17-19 Sunbeam Road London Middlesex NW10 6JP

Trustees

B Asamoah-Russell (resigned 10.10.2024) G Bhattacharya I Burbidge J Burey M Daya (resigned 10.10.2024) K Olarewaju (resigned 10.10.2024) M Curtis (resigned 10.10.2024) D St Cyr (appointed 10.10.2024) P Mitchell (appointed 10.10.2024)

Independent Examiner

Grant Harrod Lerman Davis LLP Chartered Accountants Second Floor, Kirkland House 11-15 Peterborough Road Harrow Middlesex HA1 2AX

11/21/2025 Approved by order of the board of trustees on ............................................. and signed on its behalf by:

........................................................................ J Burey - Trustee

Page 7

Docusign Envelope ID: 7A863996-9EFC-4153-B00F-061BB93A4A26

Independent Examiner's Report to the Trustees of Young Brent Foundation

Independent examiner's report to the trustees of Young Brent Foundation

I report to the charity trustees on my examination of the accounts of Young Brent Foundation (the Trust) for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.

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

  1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Jeremy Harrod FCCA

Grant Harrod Lerman Davis LLP Chartered Accountants Second Floor, Kirkland House 11-15 Peterborough Road Harrow Middlesex HA1 2AX 11/24/2025 Date: .............................................

Page 8

Docusign Envelope ID: 7A863996-9EFC-4153-B00F-061BB93A4A26

Young Brent Foundation

Statement of Financial Activities for the year ended 31 March 2025

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Investment income
3
Total
EXPENDITURE ON
Charitable activities
4
Charitable activites
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
fund
£
229,161
-
229,161
236,022
(6,861)
17,054
10,193		 Restricted
funds
£
678,804
-
678,804
565,416
113,388
114,979
228,367		 2025
Total
funds
£
907,965
-
907,965
801,438
106,527
132,033
238,560		 2024
Total
funds
£
984,519
232
984,751
1,284,358
(299,607)
431,640
132,033

The notes form part of these financial statements

Page 9

Docusign Envelope ID: 7A863996-9EFC-4153-B00F-061BB93A4A26

Young Brent Foundation

Balance Sheet 31 March 2025

Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
8
3,684
CURRENT ASSETS
Debtors
9
116,240
Cash at bank
2,296
118,536
CREDITORS
Amounts falling due within one year
10
(112,027)
NET CURRENT ASSETS
6,509
TOTAL ASSETS LESS CURRENT
LIABILITIES
10,193
NET ASSETS/(LIABILITIES)
10,193
FUNDS
11
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
funds
£
-
258,082
90,835
348,917
(120,550)
228,367
228,367
228,367		 2025
Total
funds
£
3,684
374,322
93,131
467,453
(232,577)
234,876
238,560
238,560
10,193
228,367
238,560		 2024
Total
funds
£
1,571
329,184
75,965
405,149
(274,687)
130,462
132,033
132,033
17,054
114,979
132,033

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 11/21/2025

............................................. J Burey - Trustee

The notes form part of these financial statements

Page 10

Docusign Envelope ID: 7A863996-9EFC-4153-B00F-061BB93A4A26

Young Brent Foundation

Cash Flow Statement for the year ended 31 March 2025

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by/(used in) operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Interest received
Net cash used in investing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end of
the reporting period		 2025
£
21,514
21,514
(4,348)
-
(4,348)
17,166
75,965
93,131		 2024
£
(246,108)
(246,108)
(2,356)
232
(2,124)
(248,232)
324,197
75,965

The notes form part of these financial statements

Page 11

Docusign Envelope ID: 7A863996-9EFC-4153-B00F-061BB93A4A26

Young Brent Foundation

Notes to the Cash Flow Statement for the year ended 31 March 2025

1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES

OPERATING ACTIVITIES
Net income/(expenditure) for the reporting period (as per the
Statement of Financial Activities)
Adjustments for:
Depreciation charges
Interest received
Increase in debtors
(Decrease)/increase in creditors
Net cash provided by/(used in) operations		 2025
£
106,527
2,235
-
(45,138)
(42,110)
21,514		 2024
£
(299,607)
785
(232)
(176,283)
229,229
(246,108)

2. ANALYSIS OF CHANGES IN NET FUNDS

At 1.4.24
Cash flow
At
£
£
Net cash
Cash at bank
75,965
17,166
75,965
17,166
Total
75,965
17,166		 31.3.25
£
93,131
93,131
93,131

The notes form part of these financial statements

Page 12

Docusign Envelope ID: 7A863996-9EFC-4153-B00F-061BB93A4A26

Young Brent Foundation

Notes to the Financial Statements for the year ended 31 March 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. DONATIONS AND LEGACIES

Grants
Grants received, included in the above, are as follows:
Brent Goes Wild
Violence Reduction Unit
Elevate Fund Small Grants
Other grants		 2025
£
907,965
2025
£
57,922
-
100,000
750,043
907,965		 2024
£
984,519
2024
£
72,679
381,300
100,000
430,540
984,519

continued...

Page 13

Docusign Envelope ID: 7A863996-9EFC-4153-B00F-061BB93A4A26

Young Brent Foundation

Notes to the Financial Statements - continued for the year ended 31 March 2025

3. INVESTMENT INCOME

Deposit account interest
4.
CHARITABLE ACTIVITIES COSTS
Charitable activites
5.
SUPPORT COSTS
Charitable activites		 Direct
Costs
£
799,203		 2025
£
-
Support
costs (see
note 5)
£
2,235		 2024
£
232
Totals
£
801,438
Finance
£
2,235

6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

INCOME AND ENDOWMENTS FROM
Donations and legacies
Investment income
Total
EXPENDITURE ON
Charitable activities
Charitable activites
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
fund
£
145,840
232
146,072
144,251
1,821
15,233
17,054		 Restricted
funds
£
838,679
-
838,679
1,140,107
(301,428)
416,407
114,979		 Total
funds
£
984,519
232
984,751
1,284,358
(299,607)
431,640
132,033

continued...

Page 14

Docusign Envelope ID: 7A863996-9EFC-4153-B00F-061BB93A4A26

Young Brent Foundation

Notes to the Financial Statements - continued for the year ended 31 March 2025

8. TANGIBLE FIXED ASSETS

Fixtures
and
fittings
£
COST
At 1 April 2024
756
Additions
4,348
At 31 March 2025
5,104
DEPRECIATION
At 1 April 2024
756
Charge for year
1,450
At 31 March 2025
2,206
NET BOOK VALUE
At 31 March 2025
2,898
At 31 March 2024
-
9.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Prepayments and accrued income
10.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Taxation and social security
Other creditors		 Computer
equipment
£
18,521
-
18,521
16,950
785
17,735
786
1,571
2025
£
172,674
201,648
374,322
2025
£
87,438
32,841
112,298
232,577		 Totals
£
19,277
4,348
23,625
17,706
2,235
19,941
3,684
1,571
2024
£
85,613
243,571		 Totals
£
19,277
4,348
23,625
17,706
2,235
19,941
3,684
1,571
329,184
2024
£
138,561
20,429
115,697
274,687

continued...

Page 15

Docusign Envelope ID: 7A863996-9EFC-4153-B00F-061BB93A4A26

Young Brent Foundation

Notes to the Financial Statements - continued for the year ended 31 March 2025

11. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Restricted funds
Brent Goes Wild
LBB Mental Health & Wellbeing
Violence Reduction Unit
Flourishing Futures
Life Coaching
Out of Schools Settings
She is Summit
Barnardo's
Detached & Outreach Kilburn
JLC Narrowboat
LCEP
Duke of Edinburgh
Eating Disorders Prevention and Early
Intervention
Robbery Reduction
Young Female Diversionary Programme
TOTAL FUNDS		 At 1.4.24
£
17,054
9,075
26,684
59,847
-
9,750
4,660
645
300
4,018
-
-
-
-
-
-
114,979
132,033		 Net
movement
in funds
£
(6,861)
34,318
(26,684)
(59,847)
31,542
(9,750)
42,310
(173)
4,928
(4,018)
11,473
29,450
3,541
40,500
5,798
10,000
113,388
106,527		 At
31.3.25
£
10,193
43,393
-
-
31,542
-
46,970
472
5,228
-
11,473
29,450
3,541
40,500
5,798
10,000
228,367
238,560

continued...

Page 16

Docusign Envelope ID: 7A863996-9EFC-4153-B00F-061BB93A4A26

Young Brent Foundation

Notes to the Financial Statements - continued for the year ended 31 March 2025

11. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Brent Goes Wild
LBB Mental Health & Wellbeing
Violence Reduction Unit
Flourishing Futures
Life Coaching
Out of Schools Settings
She is Summit
Elevate Fund - Small Grants
Barnardo's
Detached & Outreach Kilburn
JLC Narrowboat
LCEP
AMPACC
Duke of Edinburgh
Eating Disorders Prevention and Early
Intervention
Gambia
Robbery Reduction
Young Female Diversionary Programme
TOTAL FUNDS		 Incoming
resources
£
229,161
57,922
-
-
152,786
-
122,827
4,900
100,000
15,386
-
16,600
71,373
18,000
3,831
69,000
4,679
11,500
30,000
678,804
907,965		 Resources
Movement
expended
in funds
£
£
(236,022)
(6,861)
(23,604)
34,318
(26,684)
(26,684)
(59,847)
(59,847)
(121,244)
31,542
(9,750)
(9,750)
(80,517)
42,310
(5,073)
(173)
(100,000)
-
(10,458)
4,928
(4,018)
(4,018)
(5,127)
11,473
(41,923)
29,450
(18,000)
-
(290)
3,541
(28,500)
40,500
(4,679)
-
(5,702)
5,798
(20,000)
10,000
(565,416)
113,388
(801,438)
106,527

continued...

Page 17

Docusign Envelope ID: 7A863996-9EFC-4153-B00F-061BB93A4A26

Young Brent Foundation

Notes to the Financial Statements - continued for the year ended 31 March 2025

11. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
Restricted funds
Wembley National Stadium Trust
Metropolitan Thames Valley Housing
Neighbourhood Community Infrastructure
Levy - Aspire
Brent Goes Wild
LBB Mental Health & Wellbeing
Violence Reduction Unit
National Lottery Community Grant -
Valuing Life
Disproportionately
European Metal Rec (Community
Research)
Flourishing Futures
Green Neighbourhoods Youth Climate
Change
Harrow School
Kickstart Scheme
Life Coaching
MyPlace - Roundwood Youth Activities
Out of Schools Settings
She is Summit
Training
Elevate Fund - Small Grants
Barnardo's
Detached & Outreach Kilburn
TOTAL FUNDS		 At 1.4.23
£
15,233
54,856
17,008
30,450
5,362
31,684
28,000
4,075
7,360
1,000
54,144
5,000
15,000
1,952
10,000
106,791
5,360
645
118
37,602
-
-
416,407
431,640		 Net
movement
in funds
£
1,821
(54,856)
(17,008)
(30,450)
3,713
(5,000)
31,847
(4,075)
(7,360)
(1,000)
(54,144)
(5,000)
(15,000)
(1,952)
(250)
(106,791)
(700)
-
(118)
(37,602)
300
4,018
(301,428)
(299,607)		 At
31.3.24
£
17,054
-
-
-
9,075
26,684
59,847
-
-
-
-
-
-
-
9,750
-
4,660
645
-
-
300
4,018
114,979
132,033

continued...

Page 18

Docusign Envelope ID: 7A863996-9EFC-4153-B00F-061BB93A4A26

Young Brent Foundation

Notes to the Financial Statements - continued for the year ended 31 March 2025

11. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Wembley National Stadium Trust
Metropolitan Thames Valley Housing
Neighbourhood Community Infrastructure
Levy - Aspire
Brent Black Community Action Plan
Brent Goes Wild
LBB Mental Health & Wellbeing
Violence Reduction Unit
National Lottery Community Grant -
Valuing Life
Disproportionately
European Metal Rec (Community
Research)
Flourishing Futures
Green Neighbourhoods Youth Climate
Change
Harlesden Action Zone
Harrow School
Kickstart Scheme
Life Coaching
MyPlace - Roundwood Youth Activities
Out of Schools Settings
Training
Elevate Fund - Small Grants
Early Help Detached and Outreach
Barnardo's
Detached & Outreach Kilburn
JLC Narrowboat
LCEP
Playzone
TOTAL FUNDS		 Incoming
resources
£
146,072
-
-
13,750
49,455
72,679
-
381,300
-
29,344
-
33,055
-
45,000
-
-
-
46,476
-
-
100,000
8,400
15,000
14,084
864
7,377
21,895
838,679
984,751		 Resources
expended
£
(144,251)
(54,856)
(17,008)
(44,200)
(49,455)
(68,966)
(5,000)
(349,453)
(4,075)
(36,704)
(1,000)
(87,199)
(5,000)
(45,000)
(15,000)
(1,952)
(250)
(153,267)
(700)
(118)
(137,602)
(8,400)
(14,700)
(10,066)
(864)
(7,377)
(21,895)
(1,140,107)
(1,284,358)		 Movement
in funds
£
1,821
(54,856)
(17,008)
(30,450)
-
3,713
(5,000)
31,847
(4,075)
(7,360)
(1,000)
(54,144)
(5,000)
-
(15,000)
(1,952)
(250)
(106,791)
(700)
(118)
(37,602)
-
300
4,018
-
-
-
(301,428)
(299,607)

continued...

Page 19

Docusign Envelope ID: 7A863996-9EFC-4153-B00F-061BB93A4A26

Young Brent Foundation

Notes to the Financial Statements - continued for the year ended 31 March 2025

11. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Restricted funds
Wembley National Stadium Trust
Metropolitan Thames Valley Housing
Neighbourhood Community Infrastructure
Levy - Aspire
Brent Goes Wild
LBB Mental Health & Wellbeing
Violence Reduction Unit
National Lottery Community Grant -
Valuing Life
Disproportionately
European Metal Rec (Community
Research)
Flourishing Futures
Green Neighbourhoods Youth Climate
Change
Harrow School
Kickstart Scheme
Life Coaching
MyPlace - Roundwood Youth Activities
Out of Schools Settings
She is Summit
Training
Elevate Fund - Small Grants
Barnardo's
JLC Narrowboat
LCEP
Duke of Edinburgh
Eating Disorders Prevention and Early
Intervention
Robbery Reduction
Young Female Diversionary Programme
TOTAL FUNDS		 At 1.4.23
£
15,233
54,856
17,008
30,450
5,362
31,684
28,000
4,075
7,360
1,000
54,144
5,000
15,000
1,952
10,000
106,791
5,360
645
118
37,602
-
-
-
-
-
-
-
416,407
431,640		 Net
movement
in funds
£
(5,040)
(54,856)
(17,008)
(30,450)
38,031
(31,684)
(28,000)
(4,075)
(7,360)
(1,000)
(22,602)
(5,000)
(15,000)
(1,952)
(10,000)
(106,791)
41,610
(173)
(118)
(37,602)
5,228
11,473
29,450
3,541
40,500
5,798
10,000
(188,040)
(193,080)		 At
31.3.25
£
10,193
-
-
-
43,393
-
-
-
-
-
31,542
-
-
-
-
-
46,970
472
-
-
5,228
11,473
29,450
3,541
40,500
5,798
10,000
228,367
238,560

continued...

Page 20

Docusign Envelope ID: 7A863996-9EFC-4153-B00F-061BB93A4A26

Young Brent Foundation

Notes to the Financial Statements - continued for the year ended 31 March 2025

11. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 375,233 (380,273) (5,040)
Restricted funds
Wembley National Stadium Trust - (54,856) (54,856)
Metropolitan Thames Valley Housing - (17,008) (17,008)
Neighbourhood Community Infrastructure
Levy - Aspire 13,750 (44,200) (30,450)
Brent Black Community Action Plan 49,455 (49,455) -
Brent Goes Wild 130,601 (92,570) 38,031
LBB Mental Health & Wellbeing - (31,684) (31,684)
Violence Reduction Unit 381,300 (409,300) (28,000)
National Lottery Community Grant -
Valuing Life - (4,075) (4,075)
Disproportionately 29,344 (36,704) (7,360)
European Metal Rec (Community
Research) - (1,000) (1,000)
Flourishing Futures 185,841 (208,443) (22,602)
Green Neighbourhoods Youth Climate
Change - (5,000) (5,000)
Harlesden Action Zone 45,000 (45,000) -
Harrow School - (15,000) (15,000)
Kickstart Scheme - (1,952) (1,952)
Life Coaching - (10,000) (10,000)
MyPlace - Roundwood Youth Activities 46,476 (153,267) (106,791)
Out of Schools Settings 122,827 (81,217) 41,610
She is Summit 4,900 (5,073) (173)
Training - (118) (118)
Elevate Fund - Small Grants 200,000 (237,602) (37,602)
Early Help Detached and Outreach 8,400 (8,400) -
Barnardo's 30,386 (25,158) 5,228
Detached & Outreach Kilburn 14,084 (14,084) -
JLC Narrowboat 17,464 (5,991) 11,473
LCEP 78,750 (49,300) 29,450
Playzone 21,895 (21,895) -
AMPACC 18,000 (18,000) -
Duke of Edinburgh 3,831 (290) 3,541
Eating Disorders Prevention and Early
Intervention 69,000 (28,500) 40,500
Gambia 4,679 (4,679) -
Robbery Reduction 11,500 (5,702) 5,798
Young Female Diversionary Programme 30,000 (20,000) 10,000
1,517,483 (1,705,523) (188,040)
TOTAL FUNDS 1,892,716 (2,085,796) (193,080)

continued...

Page 21

Docusign Envelope ID: 7A863996-9EFC-4153-B00F-061BB93A4A26

Young Brent Foundation

Notes to the Financial Statements - continued for the year ended 31 March 2025

12. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2025.

Page 22