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2020-08-26-accounts

2019-2020 26 August | — 24

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Youth On The Move (London) Year ended 26 August 2020

Youth On The Move (London) Year ended 26 August 2020

M£QQQG£ fPOM TH£ CHQIP= Flnanclal revlew The past year has seen a small reductlon in income from charities and fundeis due io COVID-19. Our income has reduced from £119,616 for the year 2018- 201910 £94,503 in 2019- 2020. The expenditure for past year was £105,237, higher than the income. We used ourreserves10 fund the shortfall leaving us with lower reserves ObJectlv8s: Youth on the Move IYOTMI was establlshed in February 201610 meet the growing need of dlsadvantaged young people in the deprived areas of Hackney and Haringey. Soon after, in February 2017 we registered as a charllyto maximise the scope ofouichaiiiable work. Since its inception. Youth on the Move has been working actively10 improve the quality of life and future prospects 101270 socially and economically deprived inner city young people from Hackney and Haringey. Youth on the Move was founded with the aim to enhance the quality of life of disadvantaged teens aged 11-16 and provide them with opportunities they would Otherwise not have access to. Poverty often places constraints on a lamiltys ability 10 provide other material resources for their children. such as joining afterschool clubs and developing in the arts sector, and thus their children inevitably become further deprived be it socially. educationally or economically. They are not given what they need to be able to develop, lo learn and to grow. YOTM was founded lo fill those holes and gaps, and enable such disadvantaged young people to develop and grow despite their difficult ciicumslances. We want to give Ihem the tools lo successfully cope with Ihe hardships they lace. so that their leenage years will shape Ihem into Ihriving, independentyoung adults.

M£QQQG£ fPOM TH£ CHQIP= The Need Young people have so much to offer10 Ihe world - we believe in the power ihat Ihey hold, and know thai they will mold future generations. They are like racing cars, fully loaded with energyand revvlng and revvlng. One has10 hit the right key10 get them into gear and then off they go! The power is there. Butyou have to support them10 shift into Ihecoirectgeai orelsetheywill swerve into the dangerously beckoning streets and veer out of control. Youth on the Move's primary target is young people from low income famllies, whose future Is deflned by Ihe dlsadvantages they face. Desplte recent advances, child poverty in Hackney is still at 28% and our users conirlbuie a significant number10 thai staiisiic. Their parents lack the means10 pay lor extiacurrlcular aciivitSes which are so vital for young people's personal development and so do their cash- siiapped community schools who run on a shoe-string budget. Our users are unwilling Viclimsof the inieigenerationalcycleof poverty, unemployment and disadvantage. Their dlsadvaniage is exacerbated by Ihe often cramped housing conditions ihese inner clty kids live in. with lillle or no space lor recreation and rolaxation. Home is supposed to be a haven. a place where a child feels comfortable to grow. to just be,. however, the small size of their homes and lack ol private space make it very difficult loi their homes to be that pleasant haven. This causes stress and anxiety. and can lead to behavioral difficulties. We see the potentiaL the gieatenergy that lieswithin each young person and we want support them to shift into the right place. easing their transition io adulthood and ensuring that Iheydevelopinto independent, striving and achieving adults. Al Youth on the Move, we aim to give Ihem ihe support ihey need in order to shape them into leaders of the future.

Achievement & Performance

Achievement & Performance cont.

Youth On The Move (London) Year ended 26 August 2020

Youth On The Move (London) Year ended 26 August 2020 Independent Examiner's Report to the Directors cont. v=

Youth On The Move (London) Year ended 26 August 2020

Youth On The Move (London) Year ended 26 August 2020

Youth On The Move (London) Year ended 26 August 2020

Youth On The Move (London) Year ended 26 August 2020

Youth On The Move (London) Year ended 26 August 2020

Youth On The Move (London) Year ended 26 August 2020

Youth On The Move (London) Year ended 26 August 2020

Youth On The Move (London) Year ended 26 August 2020

Youth On The Move (London) Year ended 26 August 2020

Youth On The Move (London) Year ended 26 August 2020

Youth On The Move (London) Year ended 26 August 2020

Youth On The Move (London) Year ended 26 August 2020

Youth On The Move (London) Year ended 26 August 2020