Docusign Envdope ID.. FF5Cc8F8-5B6B493￿￿64L￿S0aB3SFAE1
Charity Number: 1166157
HEXHAM YOUTH INITIATIVE
Report and financial statements
for the year ended 31 March 2024

D￿lISign Envelope ID." FF5cC8F&sB6B493￿4t￿O8B3sFAEl
HEXHAM YOUTH INITIATIVE
REFERENCE AND ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024
CHARITY NUMBER:
1166157
TRUSTEES:
Diane Harris
Chair
Rosemary Theobalds
Stephen Ball
TeNy Eccles
Ranald Harris
Vice Chair
Interim TreasU￿r
Jonathan Hill
Neil Morrison
Treasurer (died 1511112023)
Melanie Postill
Leonie Serbrook
(appointed 0410312024)
Kathy Imiite Webster
Tony Webster
PRINCIPAL OFFICE:
Hexham Community Centre
Gilesgate
Hexham
NE46 3NP
BANKERS:
Unity Trust Bank
Nine Brindleypla
Bimiingham
B12HB
INDEPENDENT
Nigel Hansford FCA
10 Bramble Croft
EXAMINER
Lostock
Bolton
Greater Manchester
BL6 4GW

Doojwgn Envelope ID.. FF5CC8F8-5B68493￿64[￿36SD8B3SFAE1
HEXHAM YOUTH INITIATIVE
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
Introduction
The trustees present their report and the unaudited financial statements for the year
ended 31 March 2024.
Reference and administrative infomation set out on page 1 forms part of this report.
The financial statements comply with current statutory requirements and the
Statement of Recommended Practice (W) -Accounting and Reporting by
Charities" issued in January 2019.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governance
Hexham Youth Initiative is a registered charity, number 1166157. It was registered
with the Charity Commission on 21 March 2016, and is constituted as a Charitable
Incorporated Organisation (CIO). Its Constitution was adopted on 21 March 2016.
The principal activity of the charity is to promote any charitable purposes for the
benefit of young people. aged 25 years or under. who are resident in the town of
Hexham and the surrounding area in the County of Northumberland, and in
particular the advancement of education, the protection of health and the relief of
poverty, distress and sickness.
Trustees
The Management Committee comprises a minimum of four and a maximum of twelve
trustees, who are charity trustees for the purpose of charity law.
Trustees are elected by the members at the Annual General Meeting and, if willing to
stand, offer themselves for re-election each year. The officers of the charity for the
ensuing year are nominated and elected (by ballot if necessary) at every AGM.
Trustee Induction and Training
A Trustee Infomiation Pack is available to potential and new trustees. Potential trustees
are invited to attend a trustee meeting to find out more about the workings of the
Management Committee and the governance of the charity, after which they may feel
better informed to make the decision to become a trustee.
New trustees are introduced to the charity, their legal obligations under charity law, the
content of the goveming document. the trustees and the decision-making process, the
business plan and financial perfomiance of the charity during an induction period soon
after appointment. Trustees are also encouraged to attend appropriate training events
that will support effective conduGt in their role.

DO￿$*j￿ En￿Ope ID." FFScC8F￿8￿93￿864t￿5O883sFAEl
HEXHAM YOUTH INITIATIVE
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
Organisation
The Management Committee is responsible for the overall management and control of
the charity and meets approximately six times a year for full Management Committee
meetings plus the Annual General Meeting. A finance sub<ommittee meets more
regularly and reports to the Management Committee.
The charity is run on a day-to4ay basis by the Coordinator. Sessional workers, largely
part-time, are employed to provide services to the charity's beneficiaries.
Risk Management
lthere appropriate, policies and procedures or systems have been put in place to
mitigate the risks the charity might face. Significant extemal risks to funding, and the
nature of funding across the Community and Voluntary Sector, have led to the
development of a regularly reviewed long-term strategic plan including the identification
of priority activities in relation to income generation.
Policies and procedures exist to ensure compliance with health and safety of all staff.
volunteers, and beneficiaries of the charity. This includes the provision of adequate
insurance cover and risk assessment of all charitable activities. These policies and
procedures are reviewed annually or more frequently, on change of circUmstan￿s. to
ensure that they continue to meet the needs of Ihe chartty.
OBJECTIVES AND ACTIVITIES
Public Benefit
In shaping the objectives for the year and in planning the activities. the trustees have
considered the Charity Commission's guidan￿ on public benefrt, including the guidance
'public benefit: running a charity (PB2)'.
The charity provides various drop-in sessions, information. advi￿ and guidance,
motivational and educational projects such as Duke of Edinburgh Award and Young Leaders
Group.
The charity also offers alternative education projects, mentoring support and a young carers,
project, health support including a healthy eating project. sexual health. information and
advi￿ and counselling support.
We provide a parents. group with crèche and a weekly job club providing support into
employment. training and furthereducation. Hexham Youth Initiative also runs Acomb Youth
Club and two LGBTQ plus clubs at Queen Elizabeth High School and one at Haydon Bridge
High School. We have also been running environmental groups this year, including lunch-
time sessions at Queen Elizabeth High School in the woodland garden.
In addition, we run holiday play scheme actNities that address issues of holiday hunger,
weekend groups and offer residential opportunities for personal development.

D(xxJggn Envelope ID.. FFsCC8F￿866493￿6s4c￿65D8B3sFAEl
HEXHAM YOUTH INITIATIVE
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
ACHIEVEMENT AND PERFORMANCE
The Hexham Youth Initiative continues to support young people to plan and wn their
own projects. For example. young people have skills which will enable them to run
sessions at the skatepark and to keep themselves and others safe. Some of the
sessions were delivered by Skate GB.
The Hexham Youth Initiative continued to build and maintain positive relationships with
young people. We have worked hard to encourage young people who have concerns
about the future to re-engage with education and training and to begin planning for a
more positive future. Our Job Club has supported 12 young people into work and 18
young people into training or further education since the beginning of Sepiember 2023.
Many Job Club participants have been volunteering this year.
The Hexham Youth Initiative offered a varied programme of activities in all of the school
holidays. In the summer of 2023. over 300 people participated in safe, stimulating
and fijn summer scheme activities, designed by other young people. They were
supported by a dedicated group of staff and volunteers. The Youth Initiative used the
Holiday Action Fund wherever possible to address holiday hunger and were also
supported by the West Northumberland Foodbank and Trinty Methodist Church.
Our Duke of Edinburgh group, wtth participants at Bronze and Silver levels, encourages
participants to develop independence, self-esteem and team-work skills. This year, 25
young people have taken part. Young people volunteered in local community projects and
raised funds as part of their service section. Expeditions this year were based in and around
Hadrian's Wall.
Work wilh partners in the community conlinued. including groups for children and young
people in the super output area of Hexham East. where some holiday activities were based.
We also continued to work with schools. Hexham Communty Partnership, Hexham Rotary,
Tynedale Lions, Northumberland County Council and the District Youth Forum to offerjoined
up support and activities.
FINANCIAL REVIEW
The charity remains grateful for the help and support given by local government
agencies, charitable trusts and other sources of fundraising and donations.
The charity generates a significant proportion of its income from grant funding and fees
from alternative curriculum education. Total income, including these grants, fees,
fundraising and donations, in the year ended 31 March 2024, was £284,283 {2023'.
£243.106). The increase of 16.90/0 was largely a result of higher unrestricted alternative
education income of £86,806 (2023.. £52.440). All but £550 of grant funding received
was restricted income. but this included major grants from Hexham Town Council and
the Belford Charitable Trust specifically for core expenditure. Without these core cost
grants the charity would have been unable to cover its essential expenses and plan for
the future. All grants are disclosed within Income from charitable activities (Notes 4).

or￿￿9Th En¥elope ID." FF5CC8FMB6B493￿B64[m65D8B35FAEl
HEXHAM YOUTH INITIATIVE
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
Total costs were £289,667 (2023: £242,203) and as a result the charity made a deficit
for the year of £5,384 (2023: £903 surplus). Payroll costs, which represent the
significant part of the charity's costs. were £201,722 {2023: £157,983) representing
69.6 % of total expenditure (2023.. 65.20/0).
Total funds at 31 March 2024 were £54,559 of which £44.562 was held in cash. Of the
total funds at 31 March 2024. £24.709 related to unrestricted funds (2023: £35,769).
The charity recognises the valuable contribution made by individuals and supporters
and would like to thank them very warmly for donations of £8, 107 (2023: £8,284).
Reserves Policy
The Trustees aim to have a reserve of sufficient unrestricted funds to cover three
months. operating costs, plus exlt charges. This figure has been identified following
consideration of the main financial risks to the charity. At 31 March 2024 unrestricted
funds held amounted to approximately 1.0 months. operating costs (2023: 1.8 months,),
and therefore this policy was not met.
The strategy is to build reserves through economies of scale wherever possible, suitable
cost control, and seeking additional funding to meet essential expenses which underpin
the provision of service to members.
The trustees regularly review the level of unrestricted reserves at Management
Committee meetings.
Grant Making Policy
The Charity does not make grants.
Investment Policy
The charity holds no investments, other than reserve funds held in interest bearing
bank deposit accounts, and as such has no formal investmentpolicy.
PLANS FOR FUTURE PERIODS
Our main aim this year is to continue to find funds to support the most disadvantaged and
vulnerable young people in our community. We want to offer a responsive and adaptable
service and to continue to provide well thought out and prevenlative initiatives.
We will also continue to build up our staff and volunteer skills base and concentrate, in
particular, on listening to and supporting our young leaders at every level. We will continue
to work with the Rank Foundation, supporting a young leader to work as a paid intern with
the project for a year.
We wi15 continue to work with Hexham Town Council and support the development of new

Docusign Envelope ID". FF5CC8F&5B6￿93g464[k3G5o8B3SFAE1
HEXHAM YOUTH INITIATIVE
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
initiatives on the Sele. including the skatepark. We will work with young people to develop
their peer support project and to run skateboard sessions. We will start work with young
people to identify fvnding and prepare designs for an extension to the skatepark.
In partnership with Queen Elizabeth High School, we will develop work wtth studenls who
are disengaged from leaming, using the new school garden and horticulture as a base and
focus for youth work.
Hexham Youth Initiative will continue to work in partnership with the Hexham and Tynedale
Community Trust to support multi-generational work and to seek funds to modernise the
building, specifically, to re-design and refit the Hexham Youth Initiative kitchen space in
order to provide better facilities for young people. We also wish to make improvements to
the exiernal appearance of the building lo make tt more welcoming.
STATEMENT OF TRUSTEES. RESPONSIBILITIES
Charity law requires the trustees to prepare financial statements for each financial year
which give a true and fair view of the state of the affairs of the charity as at the balance
sheet date and of its incoming resources and application of reSoUr￿s, including income
and expenditure, for the financial year. in preparing those financial statements. Ihe
trustees should follow best practice and:
select suitable accounting policies and then apply them consistently
observe the methods and principles in the Charities SORP
make judgements and estimates that are reasonable and prudent
state whether applicable UKAccounting Standards and statements of recommended
practice have been followed, subject to any material departures disclosed and
explained in the financial statements: and
prepare the financial statements on the going concem basis unless it is not
appropriate to assume that the charity will continue on that basis.
The trustees are responsible for Maintaining proper accounting records which disclose
with reasonable accuracy at any time the finanoial position of the charity and enable
them to ensure that the financial statements comply with the Charities Act 2011. The
trustees are also responsible for safeguarding the assets of the charity and hence for
taking reasonable steps for the Pfevention and detection or fraud and other
irregularities.
RESPONSIBILITIES OF THE TRUSTEES
Trustees who served during the year and up to the date of this report are set out under
Legal and Administrative Information. In accordan￿ with charity law, as the charity's
trustees. we certify that:
so far as we are •ware. there 18 no ralevant information of which the charity's
examiner is unaware: and

as trustees we have taken all the steps that we oughtto have taken in order to make
ourselves aware of any relevant accounts information and to establish that the
charity's examiner is aware of that information.
This report has been prepared in accordance with the Statement of Recommended Practice:
Accounting and Reporting by Charities (issued in January 2019).
Approved by the trustees and signed on their behalf by:
.Diane Harris (Chair)
18th November 2024

D¢)cuwgn Envelope ID." FFScc8F&5B6B493￿EwS08ts3sFAE1
HEXHAM YOUTH INITIATIVE
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF HEXHAM YOUTH
INITIATIVE
I report to the charity twslees on my examination of the accounts of Hexham Youth Initiative
for the year ended 31 March 2024, which are set out on pages 10 to 24.
Respective responsibilities of trustees and examlner
As the charity's trustees you are responsible for the preparation of the accounts in
accordance with Ihe Charilies Act 2011 ("the 2011 Act-). You consider that an audit is nol
required for this year under section 144(2) of the 2011 Act and that an independent
examination is needed.
Having satisfied myself that the charity is not subject to audit and is eligible for independent
examination, it is my responsibilty to-
examine the accounts under section 145 of the 2011 Act
follow the procedures laid down in the general Directions given by the Charity
Commission under section 145{5)(b) of the 2011 Act.- and
state whether particular matters have come to my attention
Basis of independent examinerfs report
An examination includes a review of the accounting records kept by the charity and a
comparison of the accounts presented with those records. It also includes consideration of
any unusual items or disclosures in the accounts and seeking explanations from you as
trustees Con￿rning any such matters. The prO￿dureS undertaken do not provide all the
eviden￿ that would be required in an audit. and consequently no opinion is given as to
whether the accounts present a 'true and fair vieW and the report is limited to those matters
set out in the statement below.
Independent examinerfs statement
sin￿ the charity's gross income exceeded £250.000 your examiner must be a member of
body listed in Section 145 of the 2011 Act. I confinn that l am qualtfied to undertake the
examination because l am a member of the Institute of Chartered Accountants in England
and Wales, 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 which give me cause to believe that, in any
material respect..
the accounting records were not kept in accordan￿ with section 130 of the Charities Act;
or
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requirements con￿MIng 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.

D￿Son En￿Ope ID.. FF5cCBF￿Bw93￿4￿6SD683sFAEl
HEXHAM YOUTH INITIATIVE
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF HEXHAM YOUTH
INITIATIVE
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.
4WWDF4604aA
Nigel Hansford FCA
10 Bramble Croft
Lostock
Bolton
Greater Manchester
BL6 4GW
20 December 2024

Oocusign Envelope ID.. FFSCC8F￿86B4g39-B6I￿36So8B3sFAEl
HEXHAM YOUTH INITIATIVE
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 March 2024
Unrestricted
funds
Restricted
funds
Total
funds
2024
Total
funds
2023
Note
Income Irom:
Donations and gifts
Grants received
Charitable activities
8.107
550
103,676
8.107
171,966
103,676
8.284
165,958
68, 656
171,416
Investments
534
534
208
Totsl Income
112,867
171.416
284,283
243,106
Expendlture on:
Charitable activities
Governance ¢osts
123,277
650
165.740
289,017
650
241,553
650
Total expenditure
123,927
165,740
289,667
242,203
Net
incomel(expenditure}
(11.060)
5.676
(5,384)
903
Transfer be￿een
funds
Net movement in
funds
(11.060)
5.676
(5,384)
903
Reconciliation of
funds
Total funds brought
fO￿ard
35,769
24.174
59,943
59,040
Total funds carried
forward
24,709
29,850
54,559
59,943
The statement of financial activities includes all gains and losses recognised in the year.
All incoming resources and resources expended derive from continuing activities.
A full comparative SOFA is available on the last page of the financial statements.
10

HEXHAM YOUTH INITIATIVE
BALAWCE SHEET ASAT 31 MARCH 2024
2024
2023
Foxed assets
Tangible assets
i otsl fixed assets
Current assets
Debtors
Cash at bank and in hand
12
13,429
44.562
9,235
54,370
Tolal Gurront assets
57.991
63,545
Liabiliti08
Creditors: amountsfalling
due in less than one year
13
{3,432)
(3.602)
et current assets
54,559
59,943
Total assetsloss current
liabilities
54,559
59,943
The funds of the charity:
Restricted income funds
Unrestricted income funds
14
15
29,850
24.709
24,174
35, 769
Total charity funds
54,559
59,943
These financial statements have been prepared in accordan￿ with FRS 102 SORP.
Approved by the Board of Trustees on 14th October 2024 and signed on its behalf by:
Diane Harris, Chair
Rosemary Theobalds, Vice Chair
11

oooJ￿gn En¥*lope ID.. FF5CC8FM86￿939e64t￿365O8B3sFAEI
HEXHAM YOUTH INITIATIVE
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
1. Accounting policies
The principal accounting policies adopted. judgements and key SoUr￿S of estimation
uncertainty in the preparation of the financial statements are as follows. The accounting
policies have been applied consistently throughout the period and in the preceding
year.
a. Basls of preparation
The financial statemenls have been prepared in accordan￿ with Accounting and
Reporting by Charities: Statement of Recommended Practi￿ applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 1021. second edition - October
2019 (Charities SORP (FRS 102)) and UK Generally Accepted Accounting Practice.
as well as the Charities Act 2011.
Hexham Youth Initiative Constitutes a public benefit entity as defined by FRS 102.
b. Preparation of the accounts on a going concern basis
The financial statements have been prepared on a going cOn￿M basis which
assumes that the charity will continue in operational existence for the foreseeable
future. At the year end Hexham Youth Initiative had net current assets of £54,559
and although, at 1.0 months, operational costs, the charity's unrestricted free
reserves did not satisfy the reserves policy, the charty's forecast shows that it will
be able to continue as a going con￿rn for at least the next twelve months. As
usual, the charity will require additional extemal funding if it is to continue over the
longer tenn. The trustees remain optimistic that the charity will be able to raise
sufficient funds to continue in operation for the foreseeable fvture.
c. Judgments and estlmates
The trustees do not consider that there are any sources of estimation uncertainty at
the reporting date that have a significant risk of causing a material adjustment to the
carrying amount of assets and liabilities within the next reporting period.
d. Income
All income is included in the statement of financial activities when the charity is
entitled to the funds. any perf0rrnan￿ conditions have been met, it is probable that
the income will be re￿iVed and the amount can be measured reliably. The following
specific policies are applied to particular categories of income:
Income which is received by way of grants, donations and gifts to the charity is
included in full in the Statement of Financial Activities upon re￿ipl. Grants.
where entitlement is not conditional on the delivery of a specific performance by
12

Envelope ID". FF5CC8F&5B6B493&B64C￿36S0883sFAEl
HEXHAM YOUTH INITIATIVE
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 {¢ontinued}
the charity, are recognised when the chanty becomes unconditionally entitled to
the grant.
Bank interest and other investment income is included when receivable and the
amount can be measured reliably by the charity; this is nomially upon
notrfication of the interest paid or payable by the bank
Income from charitable activities which is derived from contracts and service
agreements is accounted for as the charity earns the right to consideration by its
perforrnan￿.
Volunteers- the value of any volunteer help received is not included in the accounts.
but is described and acknowledged in the trustees, report.
e. Fund accounting
Unrestricted funds are incoming resources re￿iVed or generated for charitable
purposes. They are available to spend at the dISc￿li0n of the trustees on activities
that further any of the purposes of the charity.
Restricted funds are grants or donations that the donor has specified can only be
used for particular areas of the charity's work or for specific projects being
undertaken by the charity.
f. Expenditure and irrecoverable VAT
Expenditure is recognised on an a¢¢nJal basis as a liability is incurred, because
there is a legal or constructive obligation to make a payment to a third party, it is
probable that settlement will be required and the amount ofthe obligation can be
measured reliabty- Expenditure is classified under the following activty headings..
Charitable expenditure comprises those costs incurred by the charty in the
delivery of its activities and seNices for its beneficiaries. It includes both the
direct Costs and support costs relating to such activities.
Govemance costs include those costs associated with meeting the conslitutional
and statutory requirements of the charity and include accountancy and
independent examination fees.
Other expenditure represents those items not falling into any other heading.
Expenditure includes irrecoverable VAT.
g. Cash at bank and in hand
Cash at bank and cash in hand comprise cash and call deposits. and other short
term highly liquid investments that are readily convertible to a known amount of
cash and are subject to an insignificant risk of change in value.
13

Docusign Envdope ID.. FF5cC8F&5B6￿g3￿86dc￿D8B3sFAEl
HEXHAM YOUTH INITIATIVE
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 (continued}
h. Debtors
Trade and other debtors are recognised at the settlement amount due after any
trade discount offered. Prepayments are valued at the amount prepaid net of any
trade discounts due.
i. Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation
resulting from a past event that will probably result in the transfer of funds to a third
paty and the amount due to settle the obligation can be measured or estimated
reliably. Creditors and provisions are normally recognised at their *ttlement
amount after allowing for any trade discount due.
J. Pensions
The charity uses a qualfying defined contribution workplace pension scheme to
meet its duties as an employer. The charity's contribution is restricted to the
contributions disclosed in Note 8. There were no outstanding contributions at the
year end.
2. Legal ststus of the charity
The charity is a Charilable Incorporated Organisation registered with the Charity
Commission for England and Wales under Charity Number 1166157 and governed by
its constitution dated 21 March 2016.
3. Income from donations
Unrestricted
Restricted
Total
2024
Total 2023
Donations
8,107
8,107
8,284
Total by fund 31 March
2024
8,107
8,107
Total by fund 31 March
2022
8.284
8,284
14

Oocuslgn Ers¥dope ID.. FF5cceF&586PA939-864tM6508835FAE1
HEXHAM YOUTH INITIATIVE
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 (contSnued)
4. Income from charitable activities
Unrestricted
Restricted
Total
2024
Total
2023
Grants
Ballinger Trust
Belford Charitable Trust
Community Foundation
Garfield Weston Foundation
Hexham Town Council
Netherton Park Trust
North of Tyne Combined
Authority
Northumberland County Council
Northumbria Police and Crime
Commissioner
Rank Foundation
TNL Community Fund
UK Youth
West Northumberland Foodbank
Other small grants
10,000
16,000
13,288
30, 000
31.000
16,000
20.482
16,000
20,482
32.000
7.000
32,000
7,000
11.625
11.625
14,115
28,469
28,469
39.875
4.850
4,850
32,990
32,990
1.276
9, 964
14.000
4,000
14,000
4.000
550
550
500
Total grants
550
171.416
171,966
165,958
Fees and other income
Educational income- Alternatsve
curriculum fees
86.806
86.806
52,440
Project income
Other income
13.356
3.514
13,356
3,514
12,558
3, 628
Total fees and other income
103,676
103.676
68, 656
Total by fund 31 March 2024
104.226
171.416
275,642
234,614
15

DowFAgn Envelope ID." FF5CC8F8-5B6B493￿64[￿365O8B3sFAEl
4. (continued)
Income fmm charitable activities- previous reporting period
Unrestricted
Restricted
Total 2023
Grants
Ballinger Trust
Belford Charitable Tnist
Community Foundation
Garfield Weston Foundation
Hexham Town Council
North of Tyne Combined Authority
Northumbertand County Council
Rank Foundation
TNL Community Fund
Other small grants
10,000
16,000
13,288
10,000
16,000
13,288
30.000
31,000
14,115
39,875
1,216
9,964
500
30,000
31,000
14,115
39,875
1.276
9, 964
Total grants
30,500
135,458
165,958
Fees and other Income
Educational income- Altemative
curriGulum fe8S
Project income
Other income
52,440
52,440
12,588
3, 628
12.588
3, 628
Total fees and otherincome
68, 656
68, 656
Total by fund 31 March 2023
99, 156
135,458
234,614
16

Doojsign EnvetOFe ID.. FFSCc8F&5B6￿93w4E￿26SO8B3sFAEl
HEXHAM YOUTH INITIATIVE
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 (continued)
5. Investment income
2024 2023
Income from bank deposits
534
208
All of the charty's investment income arises from money held in interest bearing deposit
accounts. All investrnent income is unrestricted.
6. Analysls of expenditure on charitsble actlvitles
Total 2024
Total 2023
Staff costs
Premises costs
201,722
9,437
4.360
73,498
157,983
8, 820
4, 753
69.997
Administrative costs
Project costs
Governance costs -
Accountancy and independent
examination
650
650
289,667
242,203
2024
2023
Restricted expenditure
Unrestricted expenditure
165.740
123,927
124.484
117,719
289,667
242,203
17

Efivelope ID". FF5CC8F&5B6B493M64Lk365D8835FAEI
HEXHAM YOUTH INITIATIVE
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 (contlnued)
7. Net Incomel(expenditure) for the year
This is stated after chargingl{crediting)
2024 2023
Independent examiner's remuneration
650
650
8. Stsff costs
staff costs during the year were as follows:
Total 2024
Total 2023
Wages and salaries
Social security costs
Pension costs
194,435
4.354
2,933
152,180
3, 030
2.773
201,722
157,983
No employee had employee benefits in eX￿sS of £60,000 (2023: Nil).
The average number of staff employed during the period was 17 (2023.'15).
The average full time equivalent number of staff employed during the period was 6.3
(2023= 6.2).
The key management personnel of the charty comprise the trustees and the Coordinator.
The total remuneration of the key management personnel of the chartty was £36.954 {2023'.
£33,543).
18

OootsigA En¥* ID.. FF5CC8F￿86￿93￿4￿85D6B35F￿El
HEXHAM YOUTH INITIATIVE
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 (continued)
9. Trustee remuneration and expenses, and related party transactions
Neither the Management Committee nor any persons connected with them re￿iVed any
remuneration or reimbursed expenses during the year (2023= Nil).
None of the trustees received travel or subsistence expenses during the year (2023= Nil).
Aggregate donations from trustees or related parties were £400 (2023: Nil).
There were no donations from related parties outside the nomial course of business and
no restricted donations from related parties.
No trustees or other persons related to the charity had any personal interest in any
contract or Iransaction entered into by the charty during the year.
10. Government grants
The government grants recognised in the accounts were as foll0v￿.
Total 2024 Total 2023
Hexham Town Council
North of Tyne Combined Authorty
Northumberland County Council
Northumbria Police and Crime Commissioner
32,000
11,625
28,469
4,850
31,000
14,115
39,875
76,944
84. 990
There were no unfilled conditions and contingencies attached to these grants.
11. Corporation Tax
The charity is exempt from tax on income and gains falling within Chapter 3 of Part 11
of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains
Act 1992 to the extent that these are applied to its charttable objects. No tax charges
have arisen in the charity.
19

Dcojstgn En¥dope ID.. FF5cC8F￿8W939864O-3B5D883SFAE1
HEXHAM YOUTH INITIATIVE
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 (continued)
12. Debtors
Total 2024 Total 2023
Trade debtors
13.429
9, 235
13.429
9,235
13. Creditors: amounts falling due withln one year
Total 2024
Total 2023
Trade creditors
Other creditors and accruals
Taxation and social security
1,346
650
1.436
1.788
2,414
3,432
3. 602
20

Docusign En￿ope10.. FFScC8F&5B6PA93￿4t￿36SOeB3sFAEl
HEXHAM YOUTH INITIATIVE
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 (continued)
14. Analysis of movements in restricted funds
At01
April
2023
At31
March
2024
Income
Expenditure
Transfers
Ballinger Trust
Belford Ch Trust
Community
Foundation
Hexham Town Council
Netherton Park Twst
North ofTyne
Combined Authority
Northumberland
County Council
Northumbria Police &
Crime Commissioner
Rank Foundation
3.334
10,667
(3.334)
{16.020)
16.000
10,647
20,482
(14,760)
5,722
32.000
7.000
(32,000)
7,000
3,530
11,625
(11,295)
3,860
28,469
{28,469)
4.850
(4.850)
32,990
(30,369)
(6,643)
(14,000)
2,621
TNL Comrnunty Fund
UK Youth
West Northumberland
Foodbank
6.643
14,000
4.000
{4.000)
Total
24.174
171.416
(165.740)
29,850
Name of restricted fund
Ballinger Trust
Betford Charttable Trust
Description, nature and purposes of the fund
Towards core costs
Towards core costs
Outdoor activrties. Cost of Living. Young Parents,
group and crèche, Saturday dropin sessions
Towards core costs
Tuesday arKI Thursday dropin sessions
Job Club and Young Parents. group
Outreach sessions. young staff & volunteer training,
Skate UK training
Holiday Actrvities and Food programme IHAFI
Communty Action pla￿ments and training, Cost of
Living. Aspire programme
LGBTQ+ groups
Cost of Living
Holiday fTr)d
Community Foundation
Hexham Town Couneil
Netherton Park Trust
North of Tyne Combined Authority
Northumbria Police and Crime
Commissioner
Northumberland CC
Rank Foundation
TNL Communty Fund
UK Youth
West Northumbedand Fo¢Jdbank
21

Down En¥elope ID." FFsCc8F￿BW939864tk36sO0835FAE1
Analysls of movements in restricted funds (continued)
Prevlous reporting period
At01
April
2022
At31
March
2Q23
Income
Expenditure
Transfers
Ballinger Trust
Belford Charitable
Trust
10,000
(6,666)
3,334
12,000
16,000
(17,333)
10.667
Community
Foundation
Hexham Town
Council
North of Tyne
Combined Authority
Northumbertand
County Council
Rank Foundation
TNL Community
Fund
1. 000
13,288
(14.288)
200
31,000
(31,200)
14,115
(10,585)
3,530
39.875
(39,875)
1,216
(1,216)
9. 964
(3,321)
6. 643
Total
13,200
135,458
(124, 484)
24,174
22

DO￿$19n Envdopelo.. FF5CC8F&586￿939-864[￿36stj8B3SFAEl
HEXHAM YOUTH INITIATIVE
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024(continued)
15. Analysis of movement in unrestricted fvnds
Current
reporting
period
At01
April
2023
At31
March
2024
Income
Expenditure
Transfers
General fund
35.769 112,867
(123.927)
24,709
35,769
112.867
{123.927)
24.709
P￿VIouS
reporting
period
At01
Apnl
2022
At31
March
2023
Income
Expenditure
Transfe
General fund
45,840
107,648
(117, 719)
35. 769
45,840
107,648
(117.719)
35, 769
Name of unrestricted fund
Description. nature and purposes of the fund
General fund
The unrestricted reserves
23

Docusign Envelope10.. FF5cC8F&5B6B493￿G4tk3G5D8B3SFAEI
HEXHAM YOUTH INITIATIVE
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 (continued)
15 Prior year Statement of Financial Activities
Unrestricted Restrict
funds
funds
Total
funds
2023
Income fmm..
Donations and gifts
Grants re￿iVed
Charitable activities
8, 284
30, 500
68,656
8, 284
165. 958
68,656
135,458
Investments
208
208
Total Income
107,648
135,458
243,106
Expenditure on."
Charitable activities
Govemance costs
117.069
650
124.484
241,553
650
Total expenditure
117.719
124,484
242,203
Net
income/(expenditure)
(10,071)
10,974
903
Transfer between
funds
Net movement in
funds
(10,071)
10.974
903
Reconciliation of
funds
Total funds brought
forward
45,840
13,200
59, 040
Total funds carried
forward
35.769
24,174
59,943
The statement of financial aGtivitigs inGludes all gains and losses recognised in the year.
All incoming resourGes and resources expended dei7ve from continuing activities.
24