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2021-08-26-accounts

,EUTH H Ipin Young Peop gogo-gogi

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

Page
Reference and Administrative Details 1
Report of the Trustees 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Statement of Financial Position 5 to 6
Notes to the Financial Statements 7 to 12
Detailed Statement of Financial Activities 13 to 14

REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 AUGUST 2021

TRUSTEES

Mrs R E Reich Mrs R Schlaff Mrs C Schlesinger Mrs R Perlberger

COMPANY SECRETARY

REGISTERED OFFICE 39 Schonfeld Square Lordship Road London N16 0QQ REGISTERED COMPANY 10030675 (England and Wales) NUMBER REGISTERED CHARITY 1171778 NUMBER INDEPENDENT EXAMINER Sugarwhite Meyer HS Ltd First Floor 94 Stamford Hill London N16 6XS BANKERS National Westminster Bank plc Swiss Cottage London NW3 5JN

Page 1

This past year has seen a small reduction in income from charities and funders due to COVID-19. However our expenses were less than last year therefore we were able to build up a reserve.

gt/ Irom tA, e£.,, eJJa9e The Need Young people have so much to offer to the world - we t￿lieVe in the power that they hold, and know that they will mold future generations. They are like racing cars, fully loaded with energyand revving and revving. One hasto hit Ihe right keyto get them into gear and then off they gol The power is there. But you have to support them to shift into the correct gearorelse theywill swerve into the dangerouslybeckoning streets and veer out of control. Youlh on Ihe Move's primary target is young people from low income families, whose ftjture is defined by the disadvantages they face. Despite recent advances, child poverty in Hackney is still at 28% and our users contribute a significant number to that statistic. Their parents lack Ihe means io pay for extracurricular aclivities which are so vital for young people's personal development and so do Iheir cash- strapped communiiy schools who run on a sho&string budget. Our users are unwilling VIClims of theintergenerational cycleof poverty. unemployment anddisadvantage. Their disadvantage is exacerbated by the often cramped housing conditions these inner city kids live in, with little or nospace for recrealion and relaxation. Home is supposed to be a haven, a place where a child f*ls comfortable to grow. lo just be.. however. Ihe small size of their homes and lack of private space make it very difficuli for their homes to be that pleasant haven. This causes stress and anxiety. and can lead io behavioral difficulties. We seethe potentiaL the great energythat lies within eachyoung person and we want support them to shift into the right pla￿. easing their Iransilion to adulthood and ensuring that they develop inlo independent Striving andachieving adults. At Youth on the Move. we aim to give them the support they need in order lo shape them into leaders of the future.

ievement ormance Year ended 31 August 2021 Dueto COV1Tr19we have adapted and changed our projects in the past yearso that we could continue providing our users with the most support during the hardship and diff iculties they experienced this year. Our aim this year was to ensurewe could supwrt as many users as possible with COVID compliant projects. We continued providing services despite the challenges COVID-19 broughL as this was vital for the mental health and wellbeing of our users. We got more volunteers involved in the projects as we had to run smaller groupsor projects overthe phone. Ourregular projects include: Play Power A three months arts-based theatre project culminating in a live professional performance. The young people produce musicals. choirs, dance and drama productions. They create costumes and props. design and print advertising flyers and tickets and put on a magical performance for an audience of 650 friends and family. over two nights. Theydevelop creative and artistic talents and organisational skills, take pride in their ownconsideiable achievements and develop new interests and skills, leading to creative and positive leisure activities long after the end of the project. Pathways Engagingthe Disengaged A midweek getaway foi disadvantaged young people aged 14-16 at risk of becoming NEET. The project included workshop& skill enhancing activities and career guidance. The getaway was staffed by experienced youth workers and volunteers. as well as external specialists. Over the three days of the project the young people benefit from a series of pragmatic workshops that support their progress in education 01 training. The getaway provide vital tools to help the young people rise above the financial and social difficulties they face. so that they feel empowered and motivated to continue with their education and blossom into independent and thriving young adults. Sport- & way A weekend away in the relaxing countryside which provide our inner-city users with the opportunity to rejuvenate in a tranquil setting. This weekend is sports-focused and encourage the young people to get involved in sports and be active. fit and healthy. Users designed the project from choosing sport activities, to budgeting. to meal planning. Young people participate in rarely experienced workshops and sporting activities, varying from role playsto rockclimbing and other onsite activities.

&euement ormance cont. Year ended 31 August 2021 All activities and workshops have the underlying themeof encouraging young peopleto appreciate the environment and lead healthier and more active lives. Water Wow A water-sports project that give disadvantaged young people access to thrilling water- sports. 100 disadvantaged young people aged 11-16 from Hackney and Haringey. including some disabled young people. enjoy educational and fun water sport related trips, over a period of 3 months. They have a stimulating and fun filled time which improves their emotional wellbeing and allows them to integrate with others their age. enjoying fresh air and learning life skills in a relaxing non formal atmosphere. Trips raft building. kayaking. canoeing. banana boating and more. Step Up A comprehensive transitioning project that helps socially isolated and economically disadvantaged girls ages 11-13 overcome the obstacles of transitioning from primary to secondary school. Activities included workshops. certified counselling. big-sister projects and a celebration eventwith renowned guest-speakers. This enables the girls to overcome their social challenges. enabling a smooth transition and preventing them from falling through the cracks. ConGRADulate A celebration event for our 16 year old users. commemorating the tnilestones reached and how far the¢ve come. The event is a jolly community evenL with friends and family participating and cheering on the young people. Light refreshments are setved and the girls perform a sketch and choir. depicting the changes Youth on the Move's projects have made to their lives. Every girl receives a certificate marking her individual achievements. Therapy sessions support groupsand tuto￿ COVIt>19 response Due to COVITr19 there has been a huge spike in girls suffering from mental health issues, low selfconfidence. anxiety and stress. We are therefore working with licensed therapists to offer a wide range of therapy. support and guidance to build their resilience and selfesteem and to give them the necessary tools to move fotward in the best way possible. In addition, we are offering study tutors to help the young people catch up missed schcx)Iwork and SUPPK)rt groups where they can voice their fears and troubles with professional guidance counsellorswith peers going through a similar situation.

mpact The kind support of our generous funders means that many of our users, dreams can be realized, and they have been able to experience lots of exciting, creaiive, health improving, horizon broadening and otherwise inaccessible activities, designed to improve their leisure. their lives othei importantskills, and most importantly. their futures. The feedback we receive is overwhelmingly positive. The young women are delighted with the wide array of activities and their parents and teachers ieported on the great metamorphoses that resulted. The young F￿0ple became more confident. posiiive individuals with bolstered personal iesilience that empowered them not to be afraid of challenge and growth. The projects this past year have been especially vital to ouiuserswellbeing as COVIt>19 has brought tremendous challenges for them. Many young people have reported that our support and projects have cariied them through the hard year and lightened their anxiety and mental health issues. Sut.,, Pf.. Looking ahead. we are optimistic that we will be able to sustain and even develop our projects further. We will ensure that we have all policies and procedures in place. up to date, and adhered to," that our trustees will undertake more training as it becomes necessary, and that our staff and volunteers. the mainstay of YOTM. will continue to undertake continuous professional development to safeguard the enduring high quality of programmes and wellbeing of participant& We will continue to solicit feedback from stakeholders, and stay in touch with users and the community enabling YOTM to enhance our users, lives. and making sure that users are supported and skilled up towards a more positive. creative and exciting future. We plan to continue expanding our projects and services. according to user demand. present and future. We will work on diversifying funding streams to safeguard the financial health of our organisation and ensure that we can continue meeting the needs of disadvantaged young people. combatting the negative effects of their deprivation. with the helpof generous funders. THE SKY UM

YOUTH ON THE MOVE (LONDON)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2021

The trustees present their report with the financial statements of the charity for the year ended 31 August 2021.

REFERENCE AND ADMINISTRATIVE INFORMATION

The information is shown on page 1 of the financial statements and forms part of this report.

OBJECTIVES AND ACTIVITIES

Objectives and aims

See attached Trustees Report.

The trustees confirm that they have given due regard the Charity Commission's guidance on public benefit.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

See attached Trustees Report

FINANCIAL REVIEW

Reserves policy

The trustees do not seek to maintain reserves, other than to ensure that they can continue the activities of the charity.

FUTURE PLANS

The charity plans to continue its activities for the foreseeable future subject to satisfactory income.

STRUCTURE, GOVERNANCE AND MANAGEMENT Charity constitution

The charity is constituted as a company limited by guarantee and is governed by its Memorandum and Articles of Association dated 27 February 2016 as amended on 11 February 2017.

Recruitment and appointment of new trustees

The power to appoint new trustees is vested in the board. It is not the intention of the trustees to appoint any new trustees. Should the situation change in the future, the trustees will apply suitable recruitment induction and training procedures.

Risk management

The charity has identified and assessed the major risks to which it is exposed, in particular those of safety and protection of the vulnerable young adults whilst in the Charity's care as well as the finances of the charity. The charity is satisfied that systems are in place and routinely assessed including procedures for Child Protection, Health and Safety, Vulnerable Adults Policy and Financial Management and Controls.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 11 May 2022 and signed on its behalf by:

Mrs R Perlberger - Trustee

Page 2

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF YOUTH ON THE MOVE (LONDON)

Independent examiner's report to the trustees of Youth On The Move (London) ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2021.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

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

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

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

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

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.

S Y Steinhaus FCA Sugarwhite Meyer HS Ltd First Floor 94 Stamford Hill London N16 6XS

11 May 2022

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YOUTH ON THE MOVE (LONDON)

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 AUGUST 2021

2021
Unrestricted
Restricted
Total
fund
funds
funds
Notes
£
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
90,120
-
90,120
EXPENDITURE ON
Charitable activities
Education and training
3
83,856
383
84,239
Other
1,559
-
1,559
Total
85,415
383
85,798
NET INCOME/(EXPENDITURE)
4,705
(383)
4,322
RECONCILIATION OF FUNDS
Total funds brought forward
18,633
9,915
28,548
TOTAL FUNDS CARRIED FORWARD
23,338
9,532
32,870		 2020
Total
funds
£
94,501
102,508
2,727
105,235
(10,734)
39,282
28,548

The notes form part of these financial statements

Page 4

YOUTH ON THE MOVE (LONDON) (REGISTERED NUMBER: 10030675)

STATEMENT OF FINANCIAL POSITION 31 AUGUST 2021

Notes
FIXED ASSETS
Tangible assets
8
CURRENT ASSETS
Debtors
9
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
10
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
CREDITORS
Amounts falling due after more than one
year
11
NET ASSETS
FUNDS
14
Unrestricted funds:
General fund
Restricted funds:
Vinci UK Foundation
Restricted Fund
TOTAL FUNDS		 2021
£
3,854
59,578
2,968
62,546
(12,777)
49,769
53,623
(20,753)
32,870
23,338
(383)
9,915
9,532
32,870		 2020
£
4,535
45,104
5,237
50,341
(4,379)
45,962
50,497
(21,949)
28,548
18,633
-
9,915
9,915
28,548

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2021 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

Page 5

YOUTH ON THE MOVE (LONDON) (REGISTERED NUMBER: 10030675)

STATEMENT OF FINANCIAL POSITION - continued 31 AUGUST 2021

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 11 May 2022 and were signed on its behalf by:

R Perlberger - Trustee

The notes form part of these financial statements

Page 6

YOUTH ON THE MOVE (LONDON)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

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

Expenditure

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

Tangible fixed assets

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

Fixtures and fittings

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

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

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Going concern

There are no material uncertainties about the charity's ability to continue.

Page 7

YOUTH ON THE MOVE (LONDON)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2021

2. CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

3. CHARITABLE ACTIVITIES COSTS

Education and training
SUPPORT COSTS
Management
£
Other resources expended
240
Education and training
1,120
1,360		 Support
Direct
costs (see
Costs
note 4)
Totals
£
80,828
£
3,411
£
84,239
Governance
Finance
costs
Totals
£
£
£
124
1,195
1,559
515
1,776
3,411
639
2,971
4,970		 Support
Direct
costs (see
Costs
note 4)
Totals
£
80,828
£
3,411
£
84,239
Governance
Finance
costs
Totals
£
£
£
124
1,195
1,559
515
1,776
3,411
639
2,971
4,970
Totals
£
1,559
3,411
4,970

4. SUPPORT COSTS

5. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2021 2020
£ £
Depreciation - owned assets 681 800
Hire of plant and machinery - 1,012
Other operating leases 12,588 10,893

6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 August 2021 nor for the year ended 31 August 2020.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2021 nor for the year ended 31 August 2020.

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YOUTH ON THE MOVE (LONDON)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2021

7. STAFF COSTS

Wages and salaries
The average monthly number of employees during the year was as follows:
Administration
No employees received emoluments in excess of £60,000.
8.
TANGIBLE FIXED ASSETS
COST
At 1 September 2020 and
31 August 2021
DEPRECIATION
At 1 September 2020
Charge for year
At 31 August 2021
NET BOOK VALUE
At 31 August 2021
At 31 August 2020
9.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors		 2021
£
21,317
21,317
2021
2
2021
£
42,578
17,000
59,578		 2020
£
19,476
19,476
2020
2
Fixtures
and
fittings
£
5,974
1,439
681
2,120
3,854
4,535
2020
£
45,104
-
45,104

Page 9

YOUTH ON THE MOVE (LONDON)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2021

10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade creditors
Net Wages control
Other creditors
Accruals and deferred income
11.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Bank loans (see note 12)
Social security and other taxes
12.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling between one and two years:
Bank loans - 1-2 years
13.
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted
Restricted
fund
funds
£
£
Fixed assets
1,687
2,167
Current assets
55,181
7,365
Current liabilities
(12,777)
-
Long term liabilities
(20,753)
-
23,338
9,532		 2021
£
8,912
205
2,150
1,510
12,777
2021
£
20,675
78
20,753
2021
£
20,675
2021
Total
funds
£
3,854
62,546
(12,777)
(20,753)
32,870		 2020
£
1,354
697
-
2,328
4,379
2020
£
21,800
149
21,949
2020
£
21,800
2020
Total
funds
£
4,535
50,341
(4,379)
(21,949)
28,548

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YOUTH ON THE MOVE (LONDON)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2021

14. MOVEMENT IN FUNDS

Net
movement
At 1.9.20
in funds
£
£
Unrestricted funds
General fund
18,633
4,705
Restricted funds
Vinci UK Foundation
-
(383)
Restricted Fund
9,915
-
9,915
(383)
TOTAL FUNDS
28,548
4,322		 At
31.8.21
£
23,338
(383)
9,915
9,532
32,870

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

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 90,120 (85,415) 4,705
Restricted funds
Vinci UK Foundation - (383) (383)
TOTAL FUNDS 90,120 (85,798) 4,322

Comparatives for movement in funds

Net
movement
At 1.9.19
in funds
£
£
Unrestricted funds
General fund
31,917
(13,284)
Restricted funds
Restricted Fund
7,365
2,550
TOTAL FUNDS
39,282
(10,734)		 At
31.8.20
£
18,633
9,915
28,548

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YOUTH ON THE MOVE (LONDON)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2021

14. MOVEMENT IN FUNDS - continued

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

Unrestricted funds
General fund
Restricted funds
Restricted Fund
TOTAL FUNDS		 Incoming
resources
£
79,821
14,680
94,501		 Resources
expended
£
Movement
in funds
£
(93,105)
(13,284)
(12,130)
2,550
(105,235)
(10,734)

15. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 August 2021.

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YOUTH ON THE MOVE (LONDON)

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2021

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Grants
Total incoming resources
EXPENDITURE
Charitable activities
Wages and salaries
Other motor & travel expenses
Equipment hire & audio visual
Rent
Insurance
Telephone
Postage, stationer & Carriage
Books , magazine ,etc
Project management and admin
Coach Hire and travel
Venue hire
Entrance fees
Gifts and samples
Music
Support costs
Management
Repairs
Refreshments and staff welfare
Subscription
Fixtures and fittings
Finance
Bank charges
Bad debt
Governance costs
Independent examiner's fee
Independent examiner's other fees
Carried forward		 2021
£
49,025
41,095
90,120
90,120
21,317
-
12,588
7,033
279
78
2,377
-
14,393
8,925
12,050
1,531
257
-
80,828
-
439
240
681
1,360
139
500
639
711
711
1,422		 2020
£
92,821
1,680
94,501
94,501
19,476
1,012
10,893
12,000
259
66
2,983
16
25,780
4,000
14,634
3,301
914
1,400
96,734
2,526
1,194
281
800
4,801
-
-
-
1,254
-
1,254

This page does not form part of the statutory financial statements

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YOUTH ON THE MOVE (LONDON)

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2021

Governance costs
Brought forward
General expenses
Legal and professional fees
Total resources expended
Net income/(expenditure)		 2021
£
1,422
354
1,195
2,971
85,798
4,322		 2020
£
1,254
-
2,446
3,700
105,235
(10,734)

This page does not form part of the statutory financial statements

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