**Company registration number: 05440549 Charity number:1168519**
## **YOUTH MOVES**
## **TRUSTEES' REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MARCH 2024**
## **YOUTH MOVES**
## **CONTENTS**
||Page|
|---|---|
|**Reference and Administrative Details of the Charity, its Trustees and Advisers**|1|
|**Trustees' Report**|2 - 13|
|**Independent Auditors' Report on the Financial Statements**|14 - 17|
|**Statement of Financial Activities**|18|
|**Balance Sheet**|19|
|**Statement of Cash Flows**|20|
|**Notes to the Financial Statements**|21 - 40|
**YOUTH MOVES**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2024**
|**Trustees**|Heather Frankham, Chair|
|---|---|
||Anne Peachey|
||Clive Harry, Vice Chair|
||Karen Lloyd|
||David North|
||Nia Crouch|
||Ian Chalmers|
||Jamie Masraff|
||Julian Telling|
||Vanessa Haworth|
||David Clymo|
||Jennifer O'Connell|
|**Principal office**
The Park
Daventry Road
Knowle
Bristol
BS4 1QD
**Independent auditors**
Randall & Payne LLP
Chartered Accountants & Statutory Auditors
Shurdington Road
Cheltenham
Gloucestershire
GL51 4GA
**Bankers**
National Westminster Bank
PO Box 3232
32 Corn Street
Bristol
BS1 1HQ||
Page 1
**YOUTH MOVES**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2024**
Page 2
**YOUTH MOVES**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024**
The Trustees present their report and the unaudited financial statements of the charity for the Year ended 31 March 2024.
Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **Who We Are**
Youth Moves is a youth work charity working with young people aged 8-19 years old (and up to 25 for those with additional needs), we operate across South Bristol but with a focus on the areas of greatest need in this community. We are based at The Park Centre in Knowle West but deliver services in a wide range of settings including from our youth club base at The Park, in educational settings, out on the streets (detached youth work) and in the community.
We value strongly the profession of youth work and the impact that it can have on both individuals and communities, we commit to engaging young people at all levels of our Charity and supporting them on their journeys to adulthood.
## **Interim CEO update – Guy Cowper**
As we look back on 2023 -24 it has been a year that, once again, has shown more than ever how important youth work is to the lives of young people and communities. Recent research based on responses from 5,213 young people in England aged 11-18, in partnership with YouGov when asked what one thing would improve their lives outside school young people's message was clear – more affordable leisure activities and safe, fun places to socialise and learn new skills.
Youth Moves aims to provide youth work opportunities to young people aged 8-19 years old (up to 24 for those with additional needs) from across South Bristol (an area of the city that now contains the ten areas of greatest need in Bristol and the 1-10% most deprived in the country). We provide somewhere where young people can feel safe, meet up with their friends and make new friends, somewhere where they can learn new skills and challenge themselves to develop as individuals and collectively. We offer somewhere where everyone is welcome, everyone is valued, and everybody matters.
Our plans working alongside the fantastic national charity, OnSide, to build a world-class Youth Zone in South Bristol have taken more steps forward, as we have secured all of the capital funding needed for the building works. Over £11m has been raised from the Government’s Youth Investment Fund, and matched alongside funding from Bristol City Council and very generous private donations we are looking to open this facility in early 2026. For years we have strived to provide outstanding youth work opportunities for the young people of our community, to be open all year round, and to give them the chance to access amazing opportunities and find their futures.
Partnerships remain a key part of our DNA as we know that we couldn’t do what we do without the support of others working together bringing their expertise and experience to supplement our own great team. We have continued to be an active member and supporter of the Bristol Youth and Play Alliance, which has developed a co-designed vision for the future of youth work in the city and set a number of priorities and targets that we want to work towards to improve the future for young people in Bristol. We continue to work with key partners, such as Off The Record, providing opportunities for young people to access mental health services through our youth club provision, and across a range of primary, secondary and special schools giving young people access to informal youth work support alongside mainstream education services.
We look forward to developing our services in the coming months, and years to enable us to reach and change the lives of many more young people from across South Bristol.
Page 3
**YOUTH MOVES**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024**
## **Strategic Report**
## **a. Objects and activities**
The Objects of the Charity are:
To act as a resource for young people living and around South Bristol by providing advice and assistance and organising programmes of physical, educational and other activities as a means of:
- advancing in life and helping young people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals;
- advancing education;
- relieving unemployment; and
- providing recreational and leisure time activity in the interests of social welfare for people living in the area of benefit who have need by reason of their youth, age, infirmity or disability, poverty or social and economic circumstances with a view to improving the conditions of life of such persons.
Page 4
**YOUTH MOVES**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024**
## **Strategic Report (continued)**
## **b. Achievements and performance during this period**
During 2023-24 we worked with over 825 young people through our core youth club provision, holiday projects,, one-to-one and targeted group programmes. We also provided an additional 85 young people with one-to-one support packages through our mentoring service and our contract with Bristol
City Council for their NCS programme. NCS focusses on providing young people with different experiences and social action to build life skills, raise aspirations and enhance their future.
All our programmes are focussed initially on developing the personal skills and resilience of the individuals with secondary aims to increase young people’s wellbeing, improve their self-confidence, aspirations for the future and to increase their engagement in education, learning and training/ employment.
## **Our Delivery Programmes**
Youth Moves uses youth work professionals and staff to provide a range of services for young people aged 8-19 years old (and up to 25 years old for those with additional needs) from across South Bristol.
For the financial period 2023-24 we had an even spread of attendees from the 11-18 age ranges with 25.36% from 11-13 age range, 25.07% from the 14-15 age range and 21.33% from the 16-18 age range. Our 8-10 cohort represented 12.39% of total young people and 7.78% were 18+ with 7.64% not specified. Our data on young people attending from areas and communities of greatest need showed that we had 28.67% from Filwood ward; 14.12% from Hartcliffe and Withywood; 22.48% from Knowle and 9.22% from Hengrove and Whitchurch Park with 14.5% not specified.
## **65% of young people that were able to provide postcode information to us lived in the 1-10% most deprived wards in the country and 73% in the most deprived 1-20%.**
Young people identifying as male made up 53% of attendees with 45% identifying as female and 2% as other. Our available ethnicity data has improved this year with only 0.28% not known or recorded. Our largest cohort is White British at 63.11% of attendees with 36.61% identifying as other ethnicities (the largest of these being young people identifying as White Black Caribbean at 2.02%.)
## **Summary of Project Highlights in 2023 24**
We continued to deliver a range of services to meet the needs of young people who we work with over the last year including the following:
**Youth Voice and participation** is the golden thread in youth work and in our charity. We ensure youth voice runs through every aspect of our service. Over the last year our youth voice project has grown and in addition to Youth Opinions group we also have a Youth development Group. Youth Opinions focus on ensuring youth moves provides a quality service and hears the voice of young people, where the development group are focussed on 224 and planning and promoting and ensuring young people have a voice in the new youth zone.
**Youth Club Provision** – We believe that youth clubs and universal youth provision are the building blocks for great youth work and are the core of what we deliver and in this year we ran sessions from The Park Centre which included Seniors, inters and juniors' weekly sessions. In addition to this we also ran target sessions, with 2 SEND sessions, and LGBTQ+ session and a Youth Voice session every week.
**Detached Youth Work South Bristol Partnership –** Working with Learning Partnership West as the lead partner and Street Space to provide street-based youth work opportunities across South Bristol. The partnership between us ensures there is a detached session in various local areas across South Bristol Monday - Friday
**Work with schools and education partners** - We believe that the informal education practice of youth work
Page 5
**YOUTH MOVES**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024**
## **Strategic Report (continued)**
and mainstream education can complement one another when both sectors work together and share their skills. So we continue to look for links with local secondary schools and ways we can work in partnership to provide the very best outcomes for young people and ensure no-one gets left behind.
**Mentoring Provision** – Using a large grant from Children in Need we were able to provide **mentoring placements to more than 60 individual young people** who had been identified and referred, or self-referred, for support over this year. Giving each one of them invaluable one-to-one time with a mentor to help them through a difficult stage in their life. We have also secured a continuation grant from Children In Need for another 3 years
**Holiday Activity Programme** – We ran holiday clubs and provided meals to young people across the Easter, Summer and Winter holiday periods using the Bristol City Council ‘Your Holiday Hub’ funding scheme **providing over 780 meals for 206 different young people across the summer holiday period from 2 great venue** s – The Park in Knowle West, Bridge Learning Campus in Hartcliffe.
During October we continued our partnership with Barton Camp taking young people to experience residential opportunities in this North Somerset provision.
**Chances Programme** – we have continued to deliver this national programme aimed at supporting young people to turn around their lives by giving them programmes that help them to increase their school attendance, reduce their offending and increase their involvement in physical activity programmes. This ended early in 2024
## **Partnerships**
Partnership working is vital to any charity especially in the current climate where we need to collaborate more than ever before to work together for the best outcomes for young people. Youth Moves is committed to developing great relationships and partnerships with key organisations from across the city to develop our programmes and deliver the very best for the young people we work with.
Examples of these partnerships include the following:
- **Bristol Youth Work Alliance** – This work has brought together all the organisations delivering youth work in the city and allowed us to agree shared priorities and goals for the sector giving us a shared vision and voice. We are focussing on priorities including staff training and development, longer term funding for the sector and raising the profile of the impact that youth work makes.
- **Work with local secondary and primary schools** – we are delighted that this was our 7th year working in partnership with Bedminster Down school, 4th with Merchants Academy and we have continued to provide programmes to a number of other local schools and special schools.
- **Lottery Partnership** – we entered the 3rd year of our Get Connected partnership, working alongside Off The Record to provide a dedicated Wellbeing Practitioner within our staff team to engage with young people who are attending our sessions, as well as providing financial **Peer Action Collective** – young researchers were trained and employed for an 18-month piece of work ( from June 2021 – Dec 2022) looking into Serious Youth Violence causes and what works in tackling it – Young Devon were the lead partner and we are worked with teams of young people from Space Devon, Young Gloucester & Young Devon as well as the team at Youth Focus South West.
Page 6
**YOUTH MOVES**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024**
## **Achievements and performance**
## **Financial review**
## **a. Overview**
Our income for this year grew to £1,121,321 (2023: £686,199), this was mostly due to a growth in grants and trust funding and the continued development of the Youth Zone building including fundraising linked to this major project.
Our expenditure during this period was £646,006 which resulted in an increase in the level of total reserves from £529,884 to £1,005,199.
Of this amount the level of unrestricted reserves continued to increase over the 12-month period from £363,121 to £517,137. This shows we are continuing to manage our finances prudently as we look to grow our organisation and delivery into the future. This level of unrestricted reserves means that we currently hold just over 6 months of reserves (based on our current level of turnover).
As Youth Moves transforms to incorporate the new Youth Zone, ongoing expenditure will rise significantly simply due to the staffing needs and facility costs and is expected to more than double once the Youth Zone is open. This change requires the charity to secure additional sources of funding and this is being actively pursued through the founder patron campaign based on the Onside fundraising operating model. The success of this campaign is critical to secure a successful opening and future operation of the Youth Zone.
Page 7
**YOUTH MOVES**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024**
## **b. Risk Management**
As a charity we recognise the need for transparency and public trust in our organisation, the Trustees and Senior Management Team of Youth Moves have therefore considered the main Risks associated with our business. We continue to develop strategies and implement policies that reduce these risks, and therefore increase our sustainability, and to reduce the overall risk to the organisation.
The main risks we have identified are as follows:
- **A loss of funding or over reliance on one funding stream** - we have 4 main sources of income - trusts/ grants, contracted work, traded services, and donations/ philanthropy. We try and source a range of income streams to avoid the risks of loss of a single funding stream that could impact on our delivery programmes and try to spread this risk across a broad range of funding streams. The ‘holy grail’ of charity funding is unrestricted income which can be used for any purpose and is not restricted to pay for a specific project or aspect of our delivery. The OnSide model used to fund their Youth Zones develops this pipeline of donations (from individuals and businesses) and philanthropic giving to match funds given by a local authority.
- **Ensuring we recruit and then retain excellent quality staff** – our staff team are core to everything that we do as we are ‘in the business of building relationships’ with young people and communities we need to recruit and retain great staff. To do this we have rigorous recruitment processes, with the input of young people on every recruitment panel, plus we benchmark our pay scales against others working in our sector to try and attract the very best staff. Once staff are in place, we then provide ongoing training and opportunities for continuous professional development, supervision and support to allow our staff team to develop and progress within our organisation
- **Reputational risk/ damage to our brand** - we look for regular feedback from the partners and organisations who we work with and who use our services to check that we are meeting their needs and that they are happy with our services. We manage our communications carefully and we work hard at working in partnership with others in the sector and around the city.
- **Young people stop engaging with our services** – we gather regular User Feedback surveys and take the views of young people and how they value our services very seriously. All programmes are codesigned with young people to make sure they are relevant and meeting their needs and to ensure we have continued engagement at our sessions. We also have lots of outreach opportunities to allow our team to continually meet new young people and invite them to join our services.
Page 8
**YOUTH MOVES**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024**
## **c. Reserves Policy**
The Board of Trustees understands its’ responsibility to make sure Youth Moves as a charity is financially sound and has a solid basis moving forward to act as an ongoing concern and to meet the needs of the young people and communities that we serve. As a part of this we have continued to work with our Board of Trustees and Senior Management Team to have tight financial controls in place and prudent financial planning, backed up by sensible decision-making by our Board. This has allowed us to reach a level of 6 months of reserves based on the current level of operations to support the charity through any short-term future financial difficulties should the need arise in the future.
The current economic situation and associated cost of living crisis are impacting on charities and funders and the Trustees acknowledge the challenges the sector is facing. Notwithstanding these challenges, and the increased funding requirements of the charity with the new Youth Zone, the Trustees continue to target a level of unrestricted reserves of 6-12 months. As stated in the financial review section earlier, in order to maintain this level of reserves with the future operating model, this will require a substantial increase in funding which is being actively pursued.
At present we hold no current significant assets or an investment portfolio, but we are planning to build the Youth Zone in 2025 which would be a significant fixed asset investment for the charity.
## **d. Future Plans and what next?**
Youth Moves looks forward to 2025 and 2026 with excitement and a buzz as we develop further our plans for the Youth Zone
The site has been carefully chosen as it sits in a prominent position on a main road so it will be highly visible and aims to be a beacon for youth work and the impact that it can have for young people and for local communities. It is placed in the heart of the areas of greatest need in South Bristol, located as it is in the middle of the wards with the greatest levels of need in the city (and in many cases in the country).
We have raised all of the funding needed to build the Youth Zone, over £11m (working with OnSide and Bristol City Council) and over the coming years we will be running a campaign to fund the ongoing running costs of the staff team and the building, this follows the proven OnSide model of funding their youth zones using local individuals and businesses to get behind and back their local Youth Zone as an agent of change in a community.
In the meantime, whilst we are raising this funding and the Youth Zone is being built, we will continue to provide life-changing opportunities for young people in South Bristol through access to a range of youth work services that meet their needs and are designed by and for them, working alongside brilliant youth workers, many of whom have lived experience of the issues that they are facing in their day-to-day lives.
## **e. Going concern**
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
Page 9
**YOUTH MOVES**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024**
## **Structure, governance and management**
## **a. Reference & administrative details including constitution**
Youth Moves was incorporated on 29th April 2005 (Company registration number 544 0549) as a company limited by guarantee and registered as a charity on 29th July 2016 (Charity Registration number 116 8519).
During the financial year 2023 - 24 we continued to develop and strengthen our Board as part of our ongoing transition to running a Youth Zone. The Trustees as listed below sat on our Board over this period. We would like to put on record our thanks to all of them for the time, effort, dedication and skill they bring to the role, especially as they all do so as volunteers. Without them Youth Moves would not be able to do the work that we do or help to change the lives of young people across South Bristol.
## **b. Structure, governance and management**
Youth Moves is led by a Board of Trustees. The Board’s main responsibilities are to:
1. Oversee the charity’s finances, ensuring we remain solvent and not exposed to undue risk.
2. Oversee the strategic direction of the organisation.
3. Ensure the charity complies with the law and pursues its objects as set out in its governing document.
4. Ensure adherence to relevant legislation (e.g. Health, Safety & Wellbeing, Safeguarding of young people, HR).
5. To take overall responsibility for the charity’s performance.
Youth Moves is proud to be a youth-focussed organisation ensuring that we listen to the voices of young people and giving them key roles in our decision-making processes, developing them as active members of our community and wider society. We do this principally through our Youth Opinions group, who both provide a sounding board for decision-making, a way to consult with our members and as peer reviewers of our services, carrying out full quality assurance of our sessions when they can and feeding back to our youth work staff team.
To meet these responsibilities the Board meets 6 times a year, and then we have smaller standing Sub-Group meetings specifically focussing on Finance; Safeguarding; and Health, Safety and Wellbeing. We also attend a Project Group working with Bristol City Council and OnSide, to look at areas linked to the development of the Youth Zone. All of these groups are made up of individuals from the Board and where appropriate staff from Youth Moves, and young people,
Page 10
**YOUTH MOVES**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024**
## **Structure, governance and management (continued)**
## **c. Public Benefit**
The Trustees confirm that they complied with the duty outlined in the Charities Act 2011, to have paid regard to the Public Benefit Guidance published by the Charity Commission.
All of the activities as described above in the Achievements & Performance section were undertaken to further our charitable purposes for the public benefit. We believe that these activities demonstrate clearly how all of our services are delivered in support of our public benefit as a charity.
## **Thank You to Our Supporters, Delivery Partners and Funders**
We would like to say a huge thank you to all of the funders, organisations, businesses and individuals who have supported Youth Moves over the last financial year.
Without their support and backing we would not be able to provide the services and projects that make such a difference to the lives of the young people and communities that we work.
We also work with a diverse range of partners and local/ national charities working in partnership to develop the very best offer to young people.
Avon & Somerset Police BBC Children in Need Bedminster Down Secondary School Bridge Learning Campus Bristol Children’s Help Society (including Barton Camp) Bristol City – Robins Foundation Bristol City Council BYCA (Bristol Youth Community Action) Centre for Youth Impact City Of Bristol College Clothworkers Foundation Coach Core Creative Youth Network Fair Furlong Primary School Grassroot Communities Hartcliffe & Withywood Community Partnership (HWCP) John James Foundation Knowle DGE Special School Learning Partnership West (LPW) Lifetime Fitness Merchants Academy National Youth Agency (NYA) New Philanthropy Capital (NPC) Nisbet Trust Oasis Academy John Williams Off The Record (OTR) Bristol OnSide Quartet Community Foundation Society of Merchant Venturers Space Devon Stone Family Foundation Street Space The Park Centre
Page 11
**YOUTH MOVES**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024**
## **Structure, governance and management (continued)**
Tobacco Factory Theatres UK Youth Van Neste Foundation Voscur Wesport Wicketz Cricket (Gloucestershire County Cricket Club) Young Bristol Young Devon Young Gloucester Youth Endowment Fund Youth Focus South West NYA
## **Statement of Trustees' responsibilities**
The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles of the Charities SORP (FRS 102);
- make judgments and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Memorandum of Association. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Disclosure of information to auditors**
Each of the persons who are Trustees at the time when this Trustees' Report is approved has confirmed that:
- so far as that Trustee is aware, there is no relevant audit information of which the charity's auditors are unaware, and
- that Trustee has taken all the steps that ought to have been taken as a Trustee in order to be aware of any relevant audit information and to establish that the charity's auditors are aware of that information.
Page 12
**YOUTH MOVES**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024**
## **Auditors**
The auditors, Randall & Payne LLP, have indicated their willingness to continue in office. The designated Trustees will propose a motion reappointing the auditors at a meeting of the Trustees.
Approved by order of the members of the board of Trustees and signed on their behalf by:
................................................ **Heather Frankham** (Chair of Trustees)
Date: aqui]24
Page 13
**YOUTH MOVES**
## **INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF YOUTH MOVES**
## **Opinion**
We have audited the financial statements of Youth Moves (the 'charity') for the year ended 31 March 2024 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
The financial statements have been prepared in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.
This has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
In our opinion the financial statements:
- give a true and fair view of the state of the charity's affairs as at 31 March 2024 and of its incoming resources and application of resources for the year then ended;
- have been properly prepared in accordance with United Kingdom 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 International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, 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 concern**
In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.
Page 14
**YOUTH MOVES**
## **INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF YOUTH MOVES (CONTINUED)**
## **Other information**
The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' 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 information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
## **Matters on which we are required to report by exception**
We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires 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 statements; or
- sufficient accounting records have not been kept; or
- the financial statements are not in agreement with the accounting records and returns; or
- we have not received all the information and explanations we require for our audit.
## **Responsibilities of trustees**
As explained more fully in the Trustees' Responsibilities Statement, the Trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal 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 financial statements, the Trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern 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.
Page 15
**YOUTH MOVES**
## **INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF YOUTH MOVES (CONTINUED)**
## **Auditors' responsibilities for the audit of the financial statements**
We have been appointed as auditor under section 144 of the 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 Auditors' Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line 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 below:
Our audit planning process gave consideration to the risk of material misstatement in the financial statements, using the calculated materiality level which itself factored in the nature of the Charity's operations and the interpreted levels of inherent and control risk.
In assessing the risk of fraud we reviewed management's own assessment of potential for fraud within the entity and reviewed judgements made by management to identify possible bias, in addition to any opportunity and incentive for fraud that are in inherent in the nature of the Charity's operations.
Our detailed testing included review of accounting estimates and judgements and validation of prime ledger entries.
We confirmed our knowledge of the legal and regulatory environment of the entity through discussions with management.
We analysed all information available to us in respect of relevant laws and regulations, including the Companies Act 2006, Charities SORP, and relevant UK tax legislation and enquired with management as to any possible breaches in the aforementioned.
We agreed the accuracy of the financial statements to the supporting management information provided by the client and tested individually on a sample basis the income and expenditure in the financial statements to consider the business rationale behind the transactions and the accuracy of the financial records.
Our audit testing did not identify any issues in respect of the matters listed above, including fraud.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' Report.
## **Other matters**
The Charity was below the audit threshold for the financial year ended 31 March 2023 and this period in the accounts is unaudited.
Page 16
**YOUTH MOVES**
## **INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF YOUTH MOVES (CONTINUED)**
## **Use of our report**
This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an Auditors' Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and its trustees, as a body, for our audit work, for this report, or for the opinions we have formed.
## **Ryan Moore CA (Senior statutory auditor)**
## **Randall & Payne LLP**
Chartered Accountants & Statutory Auditors Shurdington Road Cheltenham Gloucestershire GL51 4GA
## Date: 28 November 2024
Randall & Payne LLP are eligible to act as auditors in terms of section 1212 of the Companies Act 2006.
Page 17
**YOUTH MOVES**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024**
|**Note**
**Income from:**
Donations and legacies
2
Charitable activities
3
Other trading activities
4
Investments
5
**Total income**
**Expenditure on:**
Raising funds
Charitable activities
**Total expenditure**
**Net income**
Transfers between funds
13
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**|**Unrestricted**
**funds**
**2024**
**£**
**28,792**
**85,131**
**60,644**
**992**
**175,559**
**-**
**80,579**
**80,579**
**94,980**
**59,036**
**154,016**
**363,121**
**154,016**
**517,136**|**Restricted**
**funds**
**2024**
**£**
**-**
**945,664**
**98**
**-**
**945,762**
**-**
**565,427**
**565,427**
**380,335**
**(59,036)**
**321,299**
**166,763**
**321,299**
**488,063**|**Total**
**funds**
**2024**
**£**
**28,792**
**1,030,795**
**60,742**
**992**
**1,121,321**
**-**
**646,006**
**646,006**
**475,315**
**-**
**475,315**
**529,884**
**475,315**
**1,005,199**|_Total_
_funds_
_2023_
_(unaudited)_
_£_
_11,247_
_612,417_
_62,535_
_-_|
|---|---|---|---|---|
|||||_686,199_|
|||||_4,271_
_606,413_|
|||||_610,684_|
|||||_75,515_
_-_|
|||||_75,515_|
|||||_454,369_
_75,515_|
|||||_529,884_|
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 21 to 40 form part of these financial statements.
Page 18
## **YOUTH MOVES**
## **BALANCE SHEET AS AT 31 MARCH 2024**
|||||||_2023_|
|---|---|---|---|---|---|---|
||||**2024**|||_(unaudited)_|
||**Note**||**£**|||_£_|
|**Fixed assets**|||||||
|Tangible assets|10||**374,567**|||_72,610_|
||||**374,567**|||_72,610_|
|**Current assets**|||||||
|Debtors|11|**99,248**|||_46,931_||
|Cash at bank and in hand||**557,660**|||_454,408_||
|||**656,908**|||_501,339_||
|Creditors: amounts falling due within one|||||||
|year|12|**(26,276)**|||_(44,065)_||
|**Net current assets**|||**630,632**|||_457,274_|
|**Total assets less current liabilities**|||**1,005,199**|||_529,884_|
|**Total net assets**|||**1,005,199**|||_529,884_|
|**Charity funds**|||||||
|Restricted funds|13||**488,063**|||_166,763_|
|Unrestricted funds|13||**517,136**|||_363,121_|
|**Total funds**|||**1,005,199**|||_529,884_|
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
................................................ **Heather Frankham** (Chair of Trustees) Date: zai]24
The notes on pages 21 to 40 form part of these financial statements.
Page 19
**YOUTH MOVES**
## **STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024**
|**Cash flows from operating activities**
Net cash used in operating activities
**Cash flows from investing activities**
Purchase of tangible fixed assets
**Net cash used in investing activities**
**Cash flows from financing activities**
**Net cash provided by financing activities**
**Change in cash and cash equivalents in the year**
Cash and cash equivalents at the beginning of the year
**Cash and cash equivalents at the end of the year**
The notes on pages 21 to 40 form part of these financial statements|**2024**
**£**
**421,841**
**(318,589)**
**(318,589)**
**-**
**103,252**
**454,408**
**557,660**|_2023_
_(unaudited)_
_£_
_173,660_
_(67,852)_
**(67,852)**
**-**
**105,808**
_348,600_
_454,408_|
|---|---|---|
Page 20
**YOUTH MOVES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **1. Accounting policies**
## **1.1 Basis of preparation of financial statements**
The financial statements 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
Youth Moves meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
## **1.2 Income**
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.
## **1.3 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
Page 21
**YOUTH MOVES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **1. Accounting policies (continued)**
## **1.4 Tangible fixed assets and depreciation**
Tangible fixed assets costing £1,000 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using both the reducing balance and the straight-line method.
Depreciation is provided on the following basis:
|Leasehold improvements|-|20%||
|---|---|---|---|
|Equipment|-|33%||
|Motor vehicles|-|20%|Reducing Balance Method|
|Assets under construction|-||No depreciation until asset brought into use|
## **1.5 Debtors**
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **1.6 Cash at bank and in hand**
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **1.7 Liabilities and provisions**
Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.
## **1.8 Financial instruments**
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
Page 22
**YOUTH MOVES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **1. Accounting policies (continued)**
## **1.9 Pensions**
The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.
## **1.10 Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Investment income (principally interest received on bank deposits), gains and losses are allocated to the appropriate fund.
## **2. Income from donations and legacies**
||||_Total_|
|---|---|---|---|
||**Unrestricted**|**Total**|_funds_|
||**funds**|**funds**|_2023_|
||**2024**|**2024**|_(unaudited)_|
||**£**|**£**|_£_|
|Donations|28,792|**28,792**|_11,247_|
Page 23
**YOUTH MOVES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **3. Income from charitable activities**
|Mentoring Grants
Youth Participation Grants
Special Project Grants
Core Grants
Development Grants
Social Impact Bonds
_Total 2023_|**Unrestricted**
**funds**
**2024**
**£**
-
2,870
72,176
10,085
-
-
85,131
_192,217_|**Restricted**
**funds**
**2024**
**£**
-
10,500
-
661,842
273,322
-
945,664
_420,250_|**Total**
**funds**
**2024**
**£**
**-**
**13,370**
**72,176**
**671,927**
**273,322**
**-**
**1,030,795**
_612,467_|_Total_
_funds_
_2023_
_(unaudited)_
_£_
_37,139_
_10,557_
_10,500_
_432,407_
_62,114_
_59,750_|
|---|---|---|---|---|
|||||_612,467_|
||||||
## **4. Income from other trading activities Income from non charitable trading activities**
|Fees (classified as restricted income)
Fees
_Total 2023_|**Unrestricted**
**funds**
**2024**
**£**
-
60,644
60,644
_62,535_|**Restricted**
**funds**
**2024**
**£**
98
-
98
_-_|**Total**
**funds**
**2024**
**£**
**98**
**60,644**
**60,742**
_62,535_|_Total_
_funds_
_2023_
_(unaudited)_
_£_
_-_
_62,535_|
|---|---|---|---|---|
|||||_62,535_|
||||||
Page 24
**YOUTH MOVES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **5. Investment income**
||||_Total_|
|---|---|---|---|
||**Unrestricted**|**Total**|_funds_|
||**funds**|**funds**|_2023_|
||**2024**|**2024**|_(unaudited)_|
||**£**|**£**|_£_|
|Bank interest|992|**992**|_-_|
## **6. Analysis of expenditure by activities**
|Mentoring Grants
Special Projects
Core Staff Team & Programmes
Youth Participation
Onside
Core Cost Central
_Total 2023_|**Activities**
**undertaken**
**directly**
**2024**
**£**
22,308
575
392,094
219
4,754
419,949
_445,790_|**Support**
**costs**
**2024**
**£**
356
2,746
13,382
102
50
209,420
226,057
_160,624_|**Total**
**funds**
**2024**
**£**
**22,664**
**3,321**
**405,476**
**321**
**4,804**
**209,420**
**646,006**
_606,414_|_Total_
_funds_
_2023_
_(unaudited)_
_£_
_29,904_
_8,343_
_396,852_
_20,603_
_-_
_150,712_|
|---|---|---|---|---|
|||||_606,414_|
||||||
Page 25
**YOUTH MOVES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **6. Analysis of expenditure by activities (continued)**
## **Analysis of direct costs**
|Staff costs
Grants issued
Activity Costs
Transport
Equipment
_Total 2023_
Staff costs
Grants issued
Activity Costs
Transport
Equipment
_Total 2023_|**Mentoring**
**Grants**
**2024**
**£**
20,105
-
2,063
140
-
22,308
_26,531_|**Special**
**Projects**
**2024**
**£**
-
-
570
5
-
575
_8,343_
**Onside**
**2024**
**£**
4,692
-
36
26
-
4,754
_-_|**Core Staff**
**Team &**
**Programmes**
**2024**
**Youth**
**Participation**
**2024**
**£**
**£**
308,226
-
60,665
-
23,203
219
-
-
-
-
392,094
219
_392,857_
_18,059_
**Total**
**funds**
**2024**
_Total_
_funds_
_2023_
_(unaudited)_
**£**
_£_
**333,023**
_332,941_
**60,665**
_74,021_
**26,091**
_23,865_
**171**
_7,721_
**-**
_7,240_
**419,950**
_445,790_
_445,790_|
|---|---|---|---|
Page 26
**YOUTH MOVES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **6. Analysis of expenditure by activities (continued)**
## **Analysis of support costs**
|Staff costs
Depreciation
Rent & Rates
Accounts & Bookkeeping
General Expenses
Advertising & Marketing
Fundraising Costs
Activity Costs
Staff Training
Insurance
Telephone & Internet
Printing, Post & Stationery
Tuck Shop
Transport
Trustee Expenses
Legal and Professional
Project Resources & Materials
IT Equipment and Support
Equipment
_Total 2023_|**Mentoring**
**2024**
**£**
-
-
-
-
356
-
-
-
-
-
-
-
-
-
-
-
-
-
-
356
_3,373_|**Special**
**Projects**
**2024**
**£**
-
-
-
-
2,746
-
-
-
-
-
-
-
-
-
-
-
-
-
-
2,746
_-_|**Core Staff**
**Team &**
**Programme**
**s**
**2024**
**£**
-
-
1,898
-
1,600
-
96
-
1,105
98
-
568
-
6,413
-
-
-
1,604
-
13,382
_3,995_|**Youth**
**Participatio**
**n**
**2024**
**£**
-
-
-
-
102
-
-
-
-
-
-
-
-
-
-
-
-
-
-
102
_2,544_|**Onside**
**2024**
**£**
-
-
-
-
50
-
-
-
-
-
-
-
-
-
-
-
-
-
-|
|---|---|---|---|---|---|
|||||||
||||||50|
|||||||
||||||_-_|
Page 27
**YOUTH MOVES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **6. Analysis of expenditure by activities (continued)**
## **Analysis of support costs (continued)**
|Staff costs
Depreciation
Rent & Rates
Accounts & Bookkeeping
General Expenses
Advertising & Marketing
Fundraising Costs
Activity Costs
Staff Training
Insurance
Telephone & Internet
Printing, Post & Stationery
Tuck Shop
Transport
Trustee Expenses
Legal and Professional
Project Resources & Materials
Bank Charges
IT Equipment and Support
Equipment
_Total 2023_|**Core Cost**
**Central**
**2024**
**£**
74,286
16,632
35,964
23,994
12,685
4,480
4,320
11,673
4,713
4,305
4,125
2,156
1,044
1,389
476
198
1,095
471
5,415
-
209,421
_150,712_|**Total**
**funds**
**2024**
**£**
**74,286**
**16,632**
**37,862**
**23,994**
**17,539**
**4,480**
**4,416**
**11,673**
**5,818**
**4,403**
**4,125**
**2,724**
**1,044**
**7,802**
**476**
**198**
**1,095**
**471**
**7,019**
**-**
**226,057**
_160,624_|_Total_
_funds_
_2023_
_(unaudited)_
_£_
_63,533_
_7,665_
_36,463_
_17,051_
_7,405_
_4,810_
_-_
_3,462_
_3,439_
_3,293_
_3,247_
_1,697_
_1,572_
_837_
_-_
_694_
_639_
_481_
_4,247_
_89_|
|---|---|---|---|
||||_160,624_|
|||||
Page 28
**YOUTH MOVES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **7. Auditors' remuneration**
||**2024**|_2023_|
|---|---|---|
||**£**|_£_|
|Fees payable to the Charity's auditor for the audit of the Charity's annual|||
|accounts|**4,500**|_-_|
|Fees payable to the Charity's auditor in respect of:|||
|All non-audit services not included above|**950**|_-_|
This is the first accounting period in which the Charity has been audited.
The fees in respect of the Independent Examination incurred in the year ended 31 March 2023 were £1,438.
## **8. Staff costs**
|Wages and salaries
Social security costs
Contribution to defined contribution pension schemes|**2024**
**£**
**369,244**
**30,652**
**7,413**
**407,309**|_2023_
_(unaudited)_
_£_
_365,618_
_23,585_
_6,855_|
|---|---|---|
||||
|||_396,058_|
The average number of persons employed by the Charity during the year was as follows:
||**2024**|_2023_|
|---|---|---|
||**No.**|_No._|
|Average monthly headcount|**20**|_23_|
No employee received remuneration amounting to more than £60,000 in either year.
Total employee benefits paid to key management personnel during the year were £56,235 (2023: £49,756).
## **9. Trustees' remuneration and expenses**
During the year, no Trustees received any remuneration or other benefits _(2023 - £NIL)_ .
During the year ended 31 March 2024, no Trustee expenses have been incurred _(2023 - £NIL)_ .
Page 29
**YOUTH MOVES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **10. Tangible fixed assets**
|**Leasehold**
**improvemen**
**ts**
**£**
**Cost or valuation**
At 1 April 2023
**3,387**
Additions
**5,317**
At 31 March 2024
**8,704**
**Depreciation**
At 1 April 2023
**678**
Charge for the year
**1,883**
At 31 March 2024
**2,561**
**Net book value**
At 31 March 2024
**6,143**
_At 31 March 2023_
_(unaudited)_
_2,709_
**Debtors**
**Due within one year**
Trade debtors
Other debtors
Prepayments and accrued income|**Equipment**
**£**
**22,545**
**-**
**22,545**
**14,759**
**6,759**
**21,518**
**1,027**
_7,787_|**Motor**
**vehicles**
**Assets**
**under**
**construction**
**£**
**£**
**-**
**62,114**
**39,950**
**273,322**
**39,950**
**335,436**
**-**
**-**
**7,990**
**-**
**7,990**
**-**
**31,960**
**335,436**
_-_
_62,114_
**2024**
**£**
**2,008**
**72,038**
**25,202**
**99,248**|**Motor**
**vehicles**
**Assets**
**under**
**construction**
**£**
**£**
**-**
**62,114**
**39,950**
**273,322**
**39,950**
**335,436**
**-**
**-**
**7,990**
**-**
**7,990**
**-**
**31,960**
**335,436**
_-_
_62,114_
**2024**
**£**
**2,008**
**72,038**
**25,202**
**99,248**|**Motor**
**vehicles**
**Assets**
**under**
**construction**
**£**
**£**
**-**
**62,114**
**39,950**
**273,322**
**39,950**
**335,436**
**-**
**-**
**7,990**
**-**
**7,990**
**-**
**31,960**
**335,436**
_-_
_62,114_
**2024**
**£**
**2,008**
**72,038**
**25,202**
**99,248**||**Total**
**£**
**88,046**
**318,589**
**406,635**
**15,437**
**16,632**
**32,069**
**374,566**
_72,610_
_2023_
_(unaudited)_
_£_
_9,406_
_-_
_37,525_|
|---|---|---|---|---|---|---|
||||||||
||||||||
||||||||
||||||||
||||||||
||||||||
||||||||
|||||**99,248**||_46,931_|
## **11. Debtors**
Page 30
**YOUTH MOVES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **12. Creditors: Amounts falling due within one year**
|Trade creditors
Other taxation and social security
Other creditors
Accruals and deferred income|**2024**
**£**
**10,635**
**8,650**
**1,541**
**5,450**
**26,276**|_2023_
_(unaudited)_
_£_
_22,235_
_7,582_
_-_
_14,248_|
|---|---|---|
||||
|||_44,065_|
Page 31
**YOUTH MOVES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **13. Statement of funds**
## **Statement of funds - current year**
|**Unrestricted funds**
**Designated funds**
Minibus
Asset depreciation fund|**Balance at 1**
**April 2023**
**£**
**36,000**
**10,496**
**46,496**|**Income**
**£**
**-**
**-**
**-**|**Expenditure**
**£**
**(7,990)**
**(8,642)**
**(16,632)**|**Transfers**
**in/out**
**£**
**3,950**
**5,317**
**9,267**|**Balance at**
**31 March**
**2024**
**£**
**31,960**
**7,171**|
|---|---|---|---|---|---|
||||||**39,131**|
Transfers into the asset depreciation fund are for capital purchases bought from restricted and unrestricted funds. The depreciation for these items will be charged to the Asset Depreciation fund. The Youth Zone building has its own restricted fund.
## **General funds**
|**General funds**||||||
|---|---|---|---|---|---|
|General Funds
**Total Unrestricted funds and**
**designated funds**
**Restricted funds**
Children In Need - Mentoring
Bristol City Council
Nisbet Trust
Nisbets capital
Society of Merchant Venturers
Trust
Quartet
Get Connected
Holiday Activity Fund
YEF Peer Research
YIF
Money Heroes Project
UK Youth
Mutual Gain
Youth Fund
BCC - YPS Grant|**316,625**
**363,121**
**3,925**
**24,118**
**13,372**
**10,000**
**2,021**
**-**
**16,690**
**6,018**
**2,237**
**-**
**1,000**
**1,487**
**9,887**
**4,508**
**-**|**175,558**
**175,558**
**27,537**
**-**
**33,000**
**-**
**-**
**15,000**
**129,995**
**79,500**
**-**
**310,601**
**-**
**-**
**1,913**
**-**
**26,130**|**(63,947)**
**(80,579)**
**(28,506)**
**(366)**
**(26,055)**
**(3,530)**
**(224)**
**(15,000)**
**(123,081)**
**(67,539)**
**(2,237)**
**(274,294)**
**-**
**(145)**
**(5,888)**
**(161)**
**(2,910)**|**49,769**
**59,036**
**(2,956)**
**-**
**-**
**(5,828)**
**(1,797)**
**-**
**-**
**-**
**-**
**(36,307)**
**-**
**-**
**-**
**-**
**(11,497)**|**478,005**|
||||||**517,136**|
||||||**-**
**23,752**
**20,317**
**642**
**-**
**-**
**23,604**
**17,979**
**-**
**-**
**1,000**
**1,342**
**5,912**
**4,347**
**11,723**|
Page 32
**YOUTH MOVES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **13. Statement of funds (continued)**
**Statement of funds - current year (continued)**
|Other grants 2024 (non-
material)
Youth Zone Building
Construction
Safer Options
Barclays Community Football
Digital Inclusion
**Total of funds**|**Balance at 1**
**April 2023**
**£**
**-**
**62,414**
**3,601**
**500**
**4,985**
**166,763**
**529,884**|**Income**
**£**
**44,065**
**273,022**
**-**
**-**
**5,000**
**945,763**
**1,121,321**|**Expenditure**
**£**
**(9,877)**
**-**
**(3,601)**
**(250)**
**(1,763)**
**(565,427)**
**(646,006)**|**Transfers**
**in/out**
**£**
**(651)**
**-**
**-**
**-**
**-**
**(59,036)**
**-**|**Balance at**
**31 March**
**2024**
**£**
**33,537**
**335,436**
**-**
**250**
**8,222**|
|---|---|---|---|---|---|
||||||**488,063**|
||||||**1,005,199**|
Page 33
**YOUTH MOVES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **13. Statement of funds (continued)**
**Purpose of Restricted Funds** :
## _**Children In Need**_
Support for Mentoring Project
## _**Quartet Management Support**_
Funding to support Youth Moves to grow and develop the charity during the transition phase towards opening the Youth Zone - specifically for additional hours for the CEO up to full time+ financial support from Bristol Community Accountants.
## _**Nisbet Trust**_
Funding contribution towards a Senior Youth Worker post.
## _**Nisbets capital**_
Towards capital expenditure for the move into the new building.
## _**Society of Merchant Venturers Trust**_
Funding towards capital fit out at new building at The Park.
## _**WESport**_
Contribution from Coach Core programme towards our Sports Apprentices
## _**Get Connected**_
Youth Moves is the lead partner for a 4-year grant from The National Lottery Community Fund Partnership grant fund. The funding is to support our youth club programme in South Bristol, and allows us to work with Off The Record to embed a wellbeing practitioner Grassroot Communities to deliver their youth-led social action youth work programmes like the 'Growing Streets Together' project across South Bristol.
## _**Holiday Activity Fund**_
Funding from central Govt via Bristol City Council Your Holiday Hub funding programme to provide holiday activities and food to young people across Easter, Summer and Winter school holiday periods.
## _**Bristol City Council**_
This is made up of two grants from BCC. One of £17,000 is towards leading a youth work partnership to re-open the Hareclive Youth Club in Hartcliffe. The other £2000 is a grant as part of the Bristol Parks strategy.
## _**YEF Peer Research**_
Funding from the Youth Endowment Fund via Young Devon as the Lead Partner in the South West consortium to train and employ young people as peer researchers into what works when tackling serious youth violence.
## _**UK Year of Service**_
Grant only for the payment of costs incurred in employing the participants to work on the Project and in accordance with the terms and conditions set out in this Agreement.
## _**Money Heroes Project**_
This grant is a contribution towards organisation costs involved in delivering the Money Heroes sessions to children.
## _**UK Youth**_
UK Youth EmpowHER Legacy project
Page 34
**YOUTH MOVES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **13. Statement of funds (continued)**
## _**John James Foundation**_
Originally for capital cost in the new building. Can now be used towards rent costs in 22/23.
## _**Youth Fund**_
Bristol City Council funding from Community Development team for Youth Moves to set up a youth panel to distribute grants to youth-led projects in 18 months from April 2022 onwards
## _**Clothworkers Foundation**_
Towards capital expenditure for the move into the new building.
## _**Van Neste Foundation**_
Grant originally given towards capital fit out at The Park new building but agreed in discussion with Van Neste administrator that we could use it towards Head of Youth Work salary during 2022-23 financial year.
## _**Minerva**_
Funding to provide minibus transport to take young people on trips and visits as part of our Break Free Holiday Club Programme
## _**Coach Core**_
Apprenticeship funding, contribution towards salary costs for our Sports Apprentice through the Coach Core training programme
## _**Safer Options**_
Funding of youth worker wages to deliver street-based (Detached) youth work sessions in South Bristol
## _**Mutual Gain**_
Funding to allow young people to access art therapy sessions to improve their Mental Health
## _**Barclays Community Football**_
Funding towards buying equipment/ resources to support community football project
## _**Digital Inclusion**_
Funding from UK Youth to allow Youth Moves staff to be upskilled in Digital Literacy
## _**One City**_
Winter Food project - funding to provide young people with hot food whilst attending Youth Moves sessions to alleviate cost of living crisis pressures
## _**Youth Zone Building**_
Funding received that is to be used to develop the new Youth Zone building project
Page 35
**YOUTH MOVES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **13. Statement of funds (continued)**
## **Statement of funds - prior year**
|**Unrestricted funds**
**Designated funds**
Minibus
Asset depreciation fund
**General funds**
General Fund
**Total Unrestricted funds**
**Restricted funds**
Children In Need - Mentoring
Quartet Management Support
Nisbet Trust
Nisbets capital
Society of Merchant Venturers
Trust
WESport
Get Connected
Holiday Activity Fund
Bristol City Council
YEF Peer Research
UK Year of Service
Money Heroes Project
UK Youth & Youth Fund
John James Foundation
Clothworkers Foundation|_Balance at_
_1 April 2022_
_£_
_36,000_
_12,423_
_48,423_
_280,282_
_328,705_
_Balance at_
_1 April 2022_
_£_
_3,912_
_-_
_12,500_
_10,000_
_5,000_
_-_
_19,058_
_-_
_12,446_
_13,504_
_-_
_1,000_
_26,611_
_10,000_
_4,633_|_Income_
_£_
_-_
_-_
_-_
_264,999_
_264,999_
_Income_
_£_
_30,884_
_15,000_
_30,000_
_-_
_-_
_5,755_
_126,213_
_41,850_
_25,000_
_39,454_
_11,330_
_-_
_-_
_-_
_-_|_Expenditure_
_£_
_-_
_(7,665)_
_(7,665)_
_(239,278)_
_(246,943)_
_Expenditure_
_£_
_(27,916)_
_(15,000)_
_(29,128)_
_-_
_(2,979)_
_(5,755)_
_(128,281)_
_(35,832)_
_(13,328)_
_(42,815)_
_(11,330)_
_-_
_(18,505)_
_(10,000)_
_(1,245)_|_Transfers_
_in/out_
_£_
_-_
_5,738_
_5,738_
_10,622_
_16,360_
_Transfers_
_in/out_
_£_
_(2,955)_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_(7,906)_
_-_
_-_
_(2,111)_
_-_
_(3,388)_|_Balance at_
_31 March_
_2023_
_£_
_36,000_
_10,496_|
|---|---|---|---|---|---|
||||||_46,496_|
||||||_316,625_|
||||||_363,121_|
||||||_Balance at_
_31 March_
_2023_
_£_
_3,925_
_-_
_13,372_
_10,000_
_2,021_
_-_
_16,990_
_6,018_
_24,118_
_2,237_
_-_
_1,000_
_5,995_
_-_
_-_|
Page 36
**YOUTH MOVES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **13. Statement of funds (continued)**
## **Statement of funds - prior year (continued)**
|Van Neste Foundation
Minerva
Coach Core
Safer Options
Mutual Gain
Barclays Community Football
Digital Inclusion
One City
Youth Zone Building
Construction
**Total of funds**|_Balance at_
_1 April 2022_
_£_
_7,000_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_125,664_
_454,369_|_Income_
_£_
_-_
_1,000_
_2,950_
_10,000_
_10,000_
_500_
_5,000_
_4,200_
_62,114_
_421,250_
_686,249_|_Expenditure_
_£_
_(7,000)_
_(1,000)_
_(2,950)_
_(6,399)_
_(113)_
_-_
_(15)_
_(4,200)_
_-_
_(363,791)_
_(610,734)_|_Transfers_
_in/out_
_£_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_(16,360)_
_-_|_Balance at_
_31 March_
_2023_
_£_
_-_
_-_
_-_
_3,601_
_9,887_
_500_
_4,985_
_-_
_62,114_|
|---|---|---|---|---|---|
||||||_166,763_|
||||||_529,884_|
## **14. Summary of funds**
**Summary of funds - current year**
|Designated funds
General funds
Restricted funds|**Balance at 1**
**April 2023**
**£**
**46,496**
**316,625**
**166,763**
**529,884**|**Income**
**£**
**-**
**175,558**
**945,763**
**1,121,321**|**Expenditure**
**£**
**(16,632)**
**(63,947)**
**(565,427)**
**(646,006)**|**Transfers**
**in/out**
**£**
**9,267**
**49,769**
**(59,036)**
**-**|**Balance at**
**31 March**
**2024**
**£**
**39,131**
**478,005**
**488,063**|
|---|---|---|---|---|---|
||||||**1,005,199**|
Page 37
**YOUTH MOVES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **14. Summary of funds (continued)**
## **Summary of funds - prior year**
|Designated funds
General funds
Restricted funds|_Balance at_
_1 April 2022_
_£_
_48,423_
_280,282_
_125,664_
_454,369_|_Income_
_£_
_-_
_264,999_
_421,250_
_686,249_|_Expenditure_
_£_
_(7,665)_
_(239,278)_
_(363,791)_
_(610,734)_|_Transfers_
_in/out_
_£_
_5,738_
_10,622_
_(16,360)_
_-_|_Balance at_
_31 March_
_2023_
_£_
_46,496_
_316,625_
_166,763_|
|---|---|---|---|---|---|
||||||_529,884_|
## **15. Analysis of net assets between funds**
## **Analysis of net assets between funds - current period**
|**Unrestricted**
**funds**
**2024**
**£**
374,567
168,842
(26,276)
Tangible fixed assets
Current assets
Creditors due within one year
**Total**
517,136|**Restricted**
**funds**
**2024**
**£**
-
488,063
-
488,063|**Total**
**funds**
**2024**
**£**
**374,567**
**656,908**
**(26,276)**
**1,005,199**|
|---|---|---|
Page 38
**YOUTH MOVES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **16. Reconciliation of net movement in funds to net cash flow from operating activities**
|Net income for the period (as per Statement of Financial Activities)
**Adjustments for:**
Depreciation charges
Decrease/(increase) in debtors
Increase/(decrease) in creditors
**Net cash provided by operating activities**|**2024**
**£**
**475,315**
**16,632**
**(52,317)**
**(17,789)**
**421,841**|_2023_
_(unaudited)_
_£_
_75,515_|
|---|---|---|
|||_7,665_
_49,750_
_40,730_|
||||
|||_173,660_|
## **17. Analysis of cash and cash equivalents**
|Cash in hand
**Total cash and cash equivalents**|**2024**
**£**
**557,660**
**557,660**|_2023_
_£_
_454,408_|
|---|---|---|
||||
|||_454,408_|
## **18. Analysis of changes in net debt**
|Cash at bank and in hand|**At 1 April**
**2023**
**£**
**454,407**
**454,407**|**Cash flows**
**£**
**103,253**
**103,253**|**At 31 March**
**2024**
**£**
**557,660**|
|---|---|---|---|
||||**557,660**|
## **19. Pension commitments**
The Charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fund. The pension cost charge represents contributions payable by the group to the fund and amounted to £7,413 (2023 - £6,855). No amounts remainded payable in either period at the balance sheet date.
Page 39
**YOUTH MOVES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **20. Company limited by guarantee**
The company is limited by guarantee and as such has no issued share capital. In the event of the company being wound up the liability of the members is limited to £1 each.
## **21. Related party transactions**
Clive Harry, Trustee, is also a Trustee of the The Park (Charity Number 1140834). Youth Moves recieved invoices for rent and other charges, from The Park totalling £36,272 (2023: £36,636) during the period 1st April 2023 to 31st March 2024.
Heather Frankham, is also a Trustee of Coach Core (Charity Number 1186782). Coach Core provided £3,300 (2023: £2,950) funding to Youth Moves during the year.
Page 40