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2025-03-31-accounts

Document ID: 253501823455050

Charity registration number 1172314 (England and Wales)

YOUNG CAMDEN FOUNDATION

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Martin Pratt (Chair)
Abdikadir Ahmed
Tom Simpson
Niels Pedersen (Vice Chair and
Treasurer)
Foyezur Miah
Margaret Mendy
Daniel Omisore
Francesca De Munnich
Lucy Pearson
Andre Schott (Appointed 24 September
2024)
Edayet Otaky-Jalalzadeh (Appointed 4 June 2024)
Anna-Livia Feuchtwang (Appointed 17 June 2025)
Charity number 1172314
Principal address Labs Atrium
The Stables Market
Chalk Farm Road
London
NW1 8AH
Auditor Gravita Audit Oxford LLP
First Floor, Park Central
40-41 Park End Street
Oxford
OX1 1JD
Bankers CAF Bank Limited
25 Kings Hill Avenue
West Malling
Kent
ME19 4JQ

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

CONTENTS

Page
Chair's Report 1 - 6
Trustees' report 7 - 11
Statement of Trustees' responsibilities 12
Independent auditor's report 13 - 15
Statement of financial activities 16
Balance sheet 17
Statement of cash flows 18
Notes to the financial statements 19 - 35

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

CHAIR'S REPORT FOR THE YEAR ENDED 31 MARCH 2025

Message from YCF’s Chief Executive Officer Introduction

2024/2025 represented YCF’s eighth year of operation, where we strengthened our successes, improved our processes, and grew in our offer to Camden’s voluntary and community sector, and young people.

Our priorities in this year were to:

These goals have been especially important in the 24/25 financial year, where the continued effects of the pandemic and cost of living crises have deepened inequalities and the complexities of situations faced by Camden’s young people. In this period almost 8000 children and young people were eligible for Free School Meals, and 40% were living in poverty, in a community with significant inequality levels, like much of inner London.

At the same time, our members in this period reported significant increases in demand for their services, and increased complexities of need amongst young people accessing services. This is in a continued context of financial uncertainty, use of reserves to make ends meet, and core funding retrenchment, creating unprecedented pressures on local voluntary youth services in our borough.

This context has made YCF’s work more vital than ever, and we are proud to play our part in supporting and strengthening Camden’s youth sector.

Our members and our membership offer

Young Camden Foundation’s primary role is that of a membership organisation, and Camden’s innovative youth sector is a key component of the borough’s civic strength. In this period, YCF’s membership stood at 177, split by 114 full and 63 affiliate members. New members in this period included Self Sufficient Women, In Your Corner, and Kilburn State of Mind.

YCF’s members represent a varied and dynamic sector, despite persistent challenges faced by voluntary sector and youth organisations nationally. Our members support all sorts of different needs and communities, with well over half still offering centre-based or universal provision, while 40% offer provision on the basis of referral or targeted need. Many members offer universal provision, while some offer targeted support, including 10% offering specialist SEND provision, 7% specifically supporting those at risk of exclusion, and 11% specifically supporting young women and girls. Most full members offer Camden or ward specific provision, meaning local provision for local young residents.

Our members also represent the communities they serve, with 29% identifying as woman-led, 21% as Global Majority led, 10% as disability led, 20% as lived experience led and 13% as user led.

Unsurprisingly, members in this period have continued to report significant increases in demand for their youth services, with three quarters reporting this demand. At the same time, fundraising continues to be a real challenge for the vast majority of members, with core fundraising posing specific challenges, but also increasingly funding for project costs, connected to a wider challenge around funder changes and retrenchment in this period. As with last year, many of our members continue to use their reserves to make ends meet.

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

CHAIR'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

It is in this context that YCF works to ensure we support our members in every way we can, and we are delighted to have once again achieved a membership satisfaction rating of over 90% as part of our annual 2025 survey.

YCF’s membership offer is always tailored to the needs of members, and responsive to our annual survey. In response, this financial year we offered 30 training and events opportunities, engaging 271 unique attendees from 98 member organisations. This meant, the majority of members attended a training, networking opportunity or event in this period. Member training opportunities included multiple specialist SEND trainings, paediatric first aid, AI for charities training, trans awareness training, finance for charities training, and many more. Meanwhile, general events included Winter and Summer Celebrations, our exhibition, Through Open Doors: An Exploration of Youth Work in Camden, and a Black History Month Celebration.

Regarding our second year of work with the Level Up Youth Work Project, funded by Propel and coordinated by Young Westminster Foundation, we engaged smaller grassroots organisations, and funded 7 youth worker qualifications for members (split across Levels 1, 2 and 3). This is a particular achievement given the trend of national underinvestment in youth qualifications affecting the perceived professionalisation of the sector.

As part of our partnership working with Camden Council’s Community Partnership team, we ran 4 Black youth practitioner and 2 women and non-binary leaders forums, collectively engaging 20 member organisations. We also continued our business breakfasts in this period, established during our year as the Mayor of Camden’s chosen charity of the year, engaging 21 local businesses across 4 breakfasts, and facilitating opportunities including paid volunteering days for several YCF members, pro bono construction work for children and youth spaces, and donations in-kind. We were also proud to contribute to Camden’s State of the Sector report, summarising the key challenges facing the borough’s voluntary sector.

Finally, via a new partnership between ourselves and Young Brent Foundation, we were proud to welcome our new Supplementary Schools Coordinator (working across Camden and Brent) specifically working to support Camden’s 26 supplementary school members, providing targeted support, and working closely with Camden Learning in this strand of our work. Successes in our work with supplementary schools in this period included: a network launch event, a meet the funder forum, and training on how to best support children with SEND needs. A Steering Group has also been established, which meets termly to oversee the co-production, development and relevance of the support offer. Nine member schools are now completing the ‘Building Solid Foundations Training & Quality Mark’ process, overseen by the YPF Trust, to establish robust safeguarding, financial, and operational procedures, leading to enhanced service delivery and impact.

Our grant-making

YCF is known for our work as a local funder, where we both fundraise for our own bespoke grant-making rounds, and also deliver the national Holiday Activities & Food Programme on behalf of Camden Council, funded by the Department for Education.

Across our grant making in 24/25, we distributed £953,679 in total, to 54 members.

Unlike other areas which receive funds for distribution from Local Authorities, our grants are funded by our own fundraising efforts primarily via trusts and foundations and corporate partners. As a hyper-local funder, YCF’s grants are tuned to the needs of members, and reflect key areas that members identify as particular needs for young people, including: access to holiday opportunities and support for mental health.

Between April 2024 and March 2025, YCF distributed £84,558 (non HAF) via 3 small grants to 31 members across 39 programmes, providing funding to over a quarter of full members in this period. Our membership survey in 2025 also demonstrated that almost 95% of members reported feeling that YCF’s funding priority areas aligned with need, and 91% felt monitoring and evaluation felt proportionate to the small grants funding provided.

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

CHAIR'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

In early April 2025, two additional grant funds were distributed. Small & Mighty 25/26, supporting 9 new and emerging members totalling £47,471, and Supplementary Education 25/26, totalling £24,260.20 supporting 7 supplementary schools.

Holiday Activities & Food Programme (Department for Education)

In this period, YCF continued to deliver Camden’s HAF programme, in collaboration with Camden Council, funded by the Department for Education, with significant top-up funds from Camden, making the programme more accessible.

The programme provides support for Free School Meal eligible children and young people during the three main holidays each year, including nutritious meals and enriching provision, to support Camden’s families. Camden’s model makes use of our borough’s incredible voluntary sector, with around 2/3 of provision being based in VCS organisations, with the rest mainly in schools and Local Authority provision.

In this period, YCF distributed £843,417, commissioning 3,723 places, 289 of which were SEND places. 5,367 children and young people were reached across 24 days of provision, 36 providers, and in 16 of Camden’s 18 wards, with a focus on areas with high need. 89,352 meals were provided, reaching around a quarter of all FSMeligible children in Camden.

We are also very grateful to Camden Council for its contribution of an extra £88,000 to support provision for children with additional needs.

At the time of delivery, 24/25 represented the last funded year of provision, and the programme benefitted from a one-year extension in 25/26. We are pleased to report that at the time of writing, the HAF programme has been renewed by the Department for Education for an additional three years, and we await information regarding Camden allocations.

Partnerships

In this year, as in previous years, we have capitalised on our unique ability to facilitate partnerships between the public, private and third sectors in Camden, all for the benefit of Camden’s young population and the sector that supports them. Indeed 78% of members reported that YCF had helped wider their networks in the last 12 months, a key achievement in a busy eco system.

We remain a trusted Camden Council partner, working closely across teams, including Integrated Youth Services, Community Partnerships and Children’s Commissioning. 24/25 also saw the tail end as our year as the Mayor of Camden’s Charity of the Year, raising £30,000+ for onward grants and increasing YCF’s borough-wide profile.

Key council partnerships in this period included our continued service on several strategic boards, including as Vice Chair of Camden’s Youth Safety Taskforce, and as a member of Camden’s Youth Justice Management Board. New appointments in this period also included board membership of Camden’s Social Care Reform Board, and joining Camden’s Child Poverty Taskforce. We have also supported and advised on several Camden Council run funds and grants to the sector in this period.

These spaces are vital in terms of our ability to advocate for and represent the sector, another key component of our work. Advocacy in this year also included our first photography exhibition, Through Open Doors , celebrating Camden’s youth sector via young people’s photography (for which we commissioned communications team Different Gravy), delivered in an innovative partnership with FarSight Collective

Other partnership working has also included the second year of delivery of the Level Up Youth Work project, funded by Propel, in collaboration with a range of partners, and coordinated by Young Westminster Foundation. YCF has also been approached to be the lead partner in a collaborative project across boroughs and across sectors, tackling Serious Youth Violence in and around Kilburn, together with Young Brent and Young Westminster Foundations, and supported by John Lyon’s Charity: it is hoped this project will begin over the next financial year.

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

CHAIR'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

24/25 also represented a key year for youth engagement. As well as welcoming a Young Trustee to our Board of Trustees, Hdayet Otaky, this was the second year of our successful Young Ambassadors programme, supported by our corporate partner Land Securities. In this year, we worked with 12 young people, aged 16-19, with engagement including employability upskilling with workshops with Affiliate Member organisation 2-3 Degrees as well as visits to organisations such as Land Securities and the Museum of Youth Culture.

Finally, despite the challenges of corporate engagement across the sector, we maintained a strong record of corporate engagement in this period. Corporate support for our grants in this period included £45,831. Other partnerships included: 4 business breakfasts, 18 business partners, 385 Easter eggs, 656 toys, 492 supermarket vouchers worth £9,840, 2,258 books and magazines, and sanitary products, all distributed to YCF’s members for the benefit of Camden’s children and young people.

The years ahead

Camden’s children and youth voluntary and community sector continues to face an uncertain future, with multiple challenges especially around funding, fundraising, expenditure pressures, staffing retention, burnout and vastly increasing demand, which will make the next few years uncertain for the sector. This is in line with trends nationally, though running costs in Camden, and the vast inequalities that exist in our communities, certainly exacerbating challenges locally.

At the same time, young people in Camden continue to face an uncertain and unequal future: 40% of the borough’s children live in poverty, and the equivalent of two primary schools of children live in temporary accommodation. Inequalities in Camden are also intersectional, with Black children being most concerned about safety and spend the least amount of time playing with friends outside the home.

Increased need means YCF’s own strategy and offer to the sector and the young people it supports is all the more important. After a comprehensive process started in 2024, seeking member and stakeholder feedback, and reflecting on our successes and learnings, we were proud to publish our new strategy, for our next three years: A Stronger Camden for Young People, 2025-2028. This strategy will carry us into our tenth year of operation, and beyond, strengthening our offer to our members, solidifying our processes so they are fit for the future, and strengthening our mission and vision, for a fairer borough for all Camden’s children and young people.

The YCF Team

YCF closed the year with a strong and stable team, bringing unwavering commitment to our members, and passion for our mission and vision.

My thanks to the YCF team in this period who made this incredible work possible, of which this report is just a small snapshot, including:

Written by Daisy Srblin, CEO.

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

CHAIR'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Chair's Report

We are pleased to present the Young Camden Foundation’s Annual Report for 2024/25, my second as Chair of Trustees.

In this year we have welcomed new Trustees including Andre Schott (CEO of Fitzrovia Youth in Action), Anna Feuchtwang (CEO, National Children’s Bureau – joined in September 2025) and our new young Trustee Hdayet Otaky (formerly Camden’s Deputy Youth MP), ensuring the lived experience of young Camdeners is reflected throughout our governance processes at YCF.

This report covers our eighth year of operation in which we have maintained and matured our processes and offer to Camden’s children and youth sector, sustaining our grant-giving and our own core membership functions, despite an increasingly challenging fundraising and operational context. We have also continued to be Camden Council’s delivery partner for the national Holiday, Activities and Food Programme, funded by the Department of Education, and we are delighted by recent news in Autumn 2025 that the HAF programme will be sustained for an additional three years.

Across the UK, this year has been a year of change and some uncertainty both for the voluntary sector and for communities in Camden. As the ongoing effects of systemic inequalities continue to play out, these past 12 months have also brought challenge and change, including in the violence of Summer 2024 which left many communities feeling unsafe and fearful. As ever, Camden’s communities’ resilience, based on a firm foundation that our diversity is an asset and a strength, allowed Camden to stay united against all forms of hate or intolerance. Meanwhile, the new government proposes future national investment in young people, and we look forward to seeing those changes come to fruition, welcoming in particular the opportunities presented by a new National Youth Strategy. We also know that Local Authorities including Camden Council are under increased pressure to tighten budgets, given changes to Local Authority settlements. In Camden we also saw political changes in leadership, as we welcomed Cllr Richard Olszewski as the new Leader of Camden Council, following former Leader Georgia Gould MP’s election to Parliament.

This year, as with every year, our members have continued to serve the needs of Camden’s children and young people, in difficult and complex circumstances. Of our over 170 member organisations (primarily Camden based, and Camden serving), 75% have reported an increased demand for their services in the last year, with over 80% citing fundraising specifically, and the lack of core funding, as a particular challenge. This is in line with a general trend seen nationally of a retrenchment amongst trusts and foundations, while other sources of fundraising (including corporate giving) proves more challenging. Worryingly, a third of our members have less than three months of reserves, and an additional 20% cite staff burnout and retention as key organisational challenges.

Given this challenging context, we are delighted to have retained a strong membership satisfaction rate in 2025, as in 2024, with over 90% of members reporting being satisfied or very satisfied with YCF’s membership offer, with 80% feeling that being a member has allowed them to widen their networks. YCF’s most useful services continue to be signposting to other opportunities via our newsletter and social media; access to YCF’s own small grants (specifically useful for smaller member organisations); and the provision of training and development opportunities that would not otherwise be available.

Camden continues to be a borough of change. As of the most recent census, Camden is one of two boroughs with a slightly declining birth rate (though it is still home to over 60,000 children and young people), in line with trends in Central London, largely related to London’s declining affordability. Meanwhile, the Institute of Health Equity’s Child Health Equity audit demonstrated the borough’s stark health inequalities by its striking statistic that while a third of Camden’s children and young people attend fee-paying schools, 40% live in poverty, with issues like overcrowding, access to social housing, the performance of young boys, and access to safe spaces outside the home for young people, all cited as public health issues. These challenges make our work as Camden’s youth membership and infrastructure charity all the more important.

As we look ahead to the next three years, we know that our work continues to be more important than ever, as our members continue to meet the changing challenges of Camden’s young population. Our strategy will also see us celebrate our ten year anniversary, no small achievement within the current third sector climate, for an organisation which started with a Camden Council endowment, but now very much stands independently, and achieves such impact for Camden’s youth sector.

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

CHAIR'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

We would like to thank our funders in this period who enable our work to continue including: John Lyon’s Charity, the London Borough of Camden, City Bridge Foundation, Paul Hamlyn Foundation, Shaftesbury Capital, St Andrew Holborn Group of Charities, Land Securities, Hampstead Wells & Campden Trust, Lab Tech, Derwent London, Tesco, Feldberg Capital, O2, Amazon Fresh, Nuevo Healthcare Ltd and Jumblebee.

Of course, the dedication, hard work and tireless commitment of our wonderful staff is source of great pride. Many thanks to them. Thanks and recognition also go to the Board of Trustees for all their hard work and commitment.

Above all we thank our members, who are working at the front line with our young people, and who are at the heart of what we do.

.............................. Martin Pratt Chair 17/12/2025 Date: .........................

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 MARCH 2025

The Trustees present their annual report and financial statements for the year ended 31 March 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's Constitution, the Charities Act 2011 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).

Legal Structure

Young Camden Foundation (“YCF”) is a registered charity, number 1172314. It was registered with the Charities Commission in March 2017, constituted as a Charitable Incorporated Organisation (CIO). Additional trustees are recruited and appointed by existing trustees.

Public Benefit

The trustees have complied with their duty to have due regard to the Charity Commission’s Public Benefit Guidance (PB1 the Public Benefit Requirement, PB2 Public Benefit Running a Charity and PB3 Public Benefit Reporting) when exercising powers or duties to which the guidance is relevant.

Objectives and activities

Background

Established in 2017, Young Camden Foundation (“YCF”) is a registered charity set up to address the growing uncertainty of long-term investment in the children and young people sector in Camden and the need to build more cross-sector partnerships. YCF aims to provide a new model of local support for its members, which includes building capacity and better equipping the community with resources and funding, connecting and working with organisations to develop new and entrepreneurial approaches to supporting young people and championing critical issues facing the local community.

In the financial year ending March 2025, YCF awarded more than £953,000 as grants to members, which include Camden-based charities that offer services and support to children and young people. This means that, as of March 2025, YCF had awarded more than £5,289,000 in grants to its members since its inception.

Vision Statement

Young Camden Foundation’s vision is to ensure that all children and young people in Camden have equal access to our borough’s incredible opportunities, resources, and support. We are committed to building a youth-focused, inclusive community where every young person’s wellbeing, interests, and voice are prioritised and heard, empowering them to reach their full potential. Through innovative partnerships, collaboration and secured investment, we aim to support an eco-system where no young person is left behind, and every young individual is equipped to thrive at every stage of their development, no matter their background or their needs. We do this through championing, advocating for and supporting the incredible CYP community and voluntary sector that supports young people in our borough.

Mission Statement

We can make our vision a reality by strengthening Camden’s children and youth voluntary and community sector, so that it is well-funded, resilient and connected, in order to deliver innovative and sustainable services that enrich the lives of young Camdeners. Through a tailored VCS membership offer, we will enable collaboration, advocate for and secure investment, and increase our sector’s capacity, to enable members to deliver their vital services today and into the future. YCF will also secure and facilitate ambitious and innovative partnerships across public, private, and voluntary sector, connecting all those invested in improving the lives of Camden’s children and young people, including our own members, Local Authority departments, Trusts and Foundations, Camden businesses, schools and educational settings, and more. Partnered and collaborative working will sit at the heart of all we do, to unblock the blockers that stop stakeholders working together in the interests of young people.

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Objectives

YCF’s strategy has now been successfully reviewed following a comprehensive process, and has been published covering the 2025-2028 period. Titled A Stronger Camden for Children and Young People, this strategy has five key strategic aims, building on our history, our achievements, and our understanding of the needs of the sector, of young people and of communities:

1. YCF strengthens and improves our members’ capacity to serve and deliver, and to be more efficient and effective, via training, networking and supporting our members

2. YCF strengthens, facilitates and enables more effective long-term investment in Camden’s CYP VCS sector

  1. YCF unlocks and facilitates cross-sector partnerships for the benefit of CYP and sector between: the VCS sector (our members), Camden Council and public sector systems, and corporates and other partners, for the purpose of non-financial partnerships for the benefit of Camden’s CYP and sector

  2. YCF embeds the voices of children and young people across our work, and the work of our stakeholders 5. YCF works to ensure it is fit for purpose, and is able to deliver its mission and vision well into the future, via operational excellence

Activities

YCF believes that all children and young people in Camden should have the support and opportunity to thrive. YCF aims to grow a vibrant, resilient and connected community that is invested in supporting, and creating meaningful opportunities for, all children and young people in Camden and to create a new model of local support at a time of significant funding challenges.

The main activities for the organisation include, but not be limited to:

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

Young People’s Foundations

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

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

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Governance

The Board meets formally every quarter, with both the CEO and Chair in attendance. All meetings are serviced and recorded by a clerk to the trustees. We have established a hybrid model offering face to face and digital attendance, though, as a proudly place-based charity, in-person full board meetings are always preferred.

YCF’s Board of Trustees also has four sub-committees, that meet online four times a year, in advance of the meeting of the full board. The committees are: Finance, Grants, HR & Safeguarding and Fundraising. All Trustees are a member of at least one committee. The members of the various sub-committees are exclusively trustees. The CEO attends all sub-committee meetings, along with senior members of staff, as needed.

A Chair and Vice Chair is nominated and elected from the existing board. Terms of service are usually three years long, and these terms can be renewed.

YCF has a board which is a mixture of member representatives and people with specific skills, and most Trustees have some connection with Camden, whether professionally or by background. We recruit member trustees to reflect the geographic locations in the borough and also thematic areas of specialism. Specific skills are replaced through an external recruitment process where needed. The YCF board also has a Young Trustee, and YCF aims to have at least one Young Trustee (aged 18-25 years old) at any given time.

Existing trustees and the CEO have joint responsibility for identifying and encouraging new trustees. Once a possible new trustee has been identified they are invited meet with the Chair and often also the CEO. If all goes well, they are then proposed, seconded and voted in at the following meeting. Once appointed new trustees have an induction process to make sure they are fully aware of their responsibilities as a charity trustee. Recently, we have developed a new induction program for our trustees to ensure they build on the skills they bring to YCF and truly understand the YCF mission and operations.

Board development is an ongoing process. Training opportunities are shared with trustees whenever they arise, and trustees are encouraged to attend any staff wide training that occurs. Board Away Days usually occur annually which allow the Board to be fully involved in strategy and forward planning for the year ahead. As YCF is part of the YPF Network it can access best practice training in line with the Young People’s Foundation Trust guidance and trustees are able to participate in cross network opportunities greatly enhancing their trustee experience.

YCF also has a number of Associate Trustees. These are primarily honorary positions (rather than holding formal responsibility), but Associate Trustees may be invited, on occasion, to provide guidance on a specific subject.

The Chair and CEO meet regularly to enable support and resilience. The Board has remained dedicated and supportive of our work. They are to be thanked, as volunteers, for their time and commitment.

The trustees have delegated the day-to-day running of YCF to the CEO.

Financial Review

From a financial perspective, YCF had a satisfactory year. Income decreased by 4.5% to £1,402,175. Outgoings decreased by 11% to £1,314,317. This resulted in a surplus of £87,858. Of the outgoings, grants made came to £953,679.

As of 31/3/25, YCF had free reserves of £291,605. As this is above the reserves policy range, the board approved, in March 25, a plan to designate £125,000 of funds to be spent on Grant Giving over the next four years. This means that YCF’s free reserves have decreased and are now better in line with its reserves policy at £166,605.

Restricted reserves totalled £63,687.

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Reserves Policy

YCF holds free reserves to ensure its long-term viability. The purpose of the reserves policy is to formalise this while explaining why YCF is holding a particular level of free reserves. The reserves policy is reviewed annually. Compliance with the policy is reviewed by the Finance Committee each quarter.

Based on its assessment of various risks, of which the main risks are set out further below, and of the quality and predictability of its income, the Board considers that YCF needs to hold free reserves of between £127,000 and £166,000 which, at the time of the most recent policy review, equated to about 4.0 to 5.2 months of budgeted operating expenses.

Investments

YCF has a policy not to make investments. Monies are held on account with banks or building societies.

Risks

As a charity which gives out grants, YCF faces limited risks related to the delivery of this purpose. Its main risks are:

1)a sustained decline in funding and 2) staff issues including adverse effects of having unfilled positions, recruitment costs, redundancy costs and increased staff costs.

Together with the CEO, the trustees continue to monitor these risks and to take appropriate and proportional action to mitigate them. The trustees also undertake regular horizon-scanning for emerging or increasing risks. Being part of the YPF Network is very helpful to this process.

While the fundraising landscape for the charitable-sector, as a whole, is becoming increasingly challenging, YCF benefits from long-standing and strong relationships with our key funders and we continue to nurture these relationships. We also continuously seek to broaden our funding base. Our CEO and Head of Partnerships & Grants lead these efforts on behalf of the charity.

In respect of staff risks, the CEO and the trustees invest considerable time in preparing for various scenarios.

Fundraising

The majority of YCF’s funding (for its grants and its own core costs) comes from a management fee from central government, local government partners, businesses with a presence in Camden and grant-making trusts and foundations. Only a small share of our overall funding comes from individuals. During the financial year to 31/3/ 25, YCF spent £27,940 in staff costs on fundraising which was proportional with the prior financial year. The majority of YCF’s own fundraising efforts benefit members, via onward grants.

Under the law, YCF is required to fundraise responsibly, including with a keen eye on protecting vulnerable donors. To ensure compliance with these responsibilities and, also, to ensure fundraising aligns with our values and purpose, a new fundraising policy was introduced during the year. It prohibits YCF, directly or through fundraising agencies, to undertake 1) door-to-door fundraising, 2) unsolicited street fundraising, or 3) unsolicited telephone fundraising. Passive street fundraising is, however, permitted. The policy also requires that YCF rejects or returns donations in certain limited circumstances, e.g., where there is a significant risk that, accepting funds from a donor would materially and negatively impact YCF’s ability to fundraise from other sources, or where there are ethical considerations.

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Plans for future periods

2024/25 represented the third year of our three year strategy, available on YCF’s website, detailing our objectives going forward, and our activities to achieve these. The headlines are:

YCF’s strategy has now been successfully reviewed following a comprehensive process, and has been published covering the 2025-2028 period. Titled A Stronger Camden for Children and Young People, this strategy has five key strategic aims, building on our history, our achievements, and our understanding of the needs of the sector, of young people and of communities:

1. YCF strengthens and improves our members’ capacity to serve and deliver, and to be more efficient and effective, via training, networking and supporting our members

  1. YCF strengthens, facilitates and enables more effective long-term investment in Camden’s CYP VCS sector

  2. YCF unlocks and facilitates cross-sector partnerships for the benefit of CYP and sector between: the VCS sector (our members), Camden Council and public sector systems, and corporates and other partners, for the purpose of non-financial partnerships for the benefit of Camden’s CYP and sector

  3. YCF embeds the voices of children and young people across our work, and the work of our stakeholders 5. YCF works to ensure it is fit for purpose, and is able to deliver its mission and vision well into the future, via operational excellence.

The Trustees who served during the year and up to the date of signature of the financial statements were:

Martin Pratt (Chair) Abdikadir Ahmed Tom Simpson Anneka Munsch (Resigned 31 January 2025) Niels Pedersen (Vice Chair and Treasurer) Foyezur Miah Margaret Mendy Daniel Omisore Francesca De Munnich Lucy Pearson Andre Schott (Appointed 24 September 2024) Edayet Otaky-Jalalzadeh (Appointed 4 June 2024) Anna-Livia Feuchtwang (Appointed 17 June 2025)

.............................. Martin Pratt (Chair)

12/17/2025 Date: .............................................

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

STATEMENT OF TRUSTEES' RESPONSIBILITIES

FOR THE YEAR ENDED 31 MARCH 2025

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 and 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 the incoming resources and application of resources of the Charity for that year.

In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping sufficient accounting records that 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 trust deed. 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.

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF YOUNG CAMDEN FOUNDATION

Opinion

We have audited the financial statements of Young Camden Foundation (the ‘Charity’) for the year ended 31 March 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including 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 (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

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 Auditor's 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 UK, including the FRC’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.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's 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 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 in relation to which the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF YOUNG CAMDEN FOUNDATION

Responsibilities of Trustees

As explained more fully in the statement of Trustees' responsibilities, the Trustees are responsible for the preparation of the financial statements and for being satisfied that they 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 cease operations, or have no realistic alternative but to do so.

Auditor's 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 auditor's 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.

The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

We assessed the susceptibility of the company’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

To address the risk of fraud through management bias and override of controls, we:

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF YOUNG CAMDEN FOUNDATION

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

There are inherent limitations in our audit procedures described above. Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:// www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Other Matters

Your attention is drawn to the fact that the charity has prepared financial statements in accordance with "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)" (as amended) 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 now been withdrawn.

This has been done in order for the financial statements to provide a true and fair view in accordance with current Generally Accepted Accounting Practice.

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 auditor’s 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 the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Robert Kirtland (Senior Statutory Auditor)

For and on behalf of Gravita Audit Oxford LLP, Statutory Auditor Chartered Accountants First Floor, Park Central 40-41 Park End Street Oxford OX1 1JD 19/12/2025 Date: .........................

Gravita Audit Oxford LLP is eligible for appointment as auditor of the Charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006.

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2025

Unrestricted Unrestricted Unrestricted Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds funds
**general ** designated general
2025 2025 2025 2025 2024 2024 2024
Notes £ £ £ £ £ £ £
Income from:
Donations and
legacies 3 296,933 - 1,100,987 1,397,920 255,969 1,208,884 1,464,853
Investments 4 4,255 - - 4,255 3,054 - 3,054
Total income 301,188 - 1,100,987 1,402,175 259,023 1,208,884 1,467,907
Expenditure
on:
Raising funds 5 34,433 - - 34,433 29,769 - 29,769
Charitable
activities 6 176,783 - 1,103,101 1,279,884 193,638 1,258,838 1,452,476
Total expenditure 211,216 - 1,103,101 1,314,317 223,407 1,258,838 1,482,245
Net
income/(expenditure) 89,972 - (2,114) 87,858 35,616 (49,954) (14,338)
Transfers
between funds (139,983) 125,000 14,983 - (28,000) 28,000 -
Net
movement in
funds 9 (50,011) 125,000 12,869 87,858 7,616 (21,954) (14,338)
Reconciliation of funds: Reconciliation of funds:
Fund balances at 1 Fund balances at 1
April 2024 216,616 - 50,818 267,434 209,000 72,772 281,772
Fund balances at 31 Fund balances at 31
March 2025 166,605 125,000 63,687 355,292 216,616 50,818 267,434

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

BALANCE SHEET

AS AT 31 MARCH 2025

2025 2024
Notes £ £ £ £
Current assets
Debtors 13 33,796 111,868
Cash at bank and in hand 478,596 269,315
512,392 381,183
Creditors: amounts falling due within 14
one year (157,100) (113,749)
Net current assets 355,292 267,434
The funds of the Charity
Restricted income funds 17 63,687 50,818
Unrestricted funds - general 18 166,605 216,616
Unrestricted funds - designated 16 125,000 -
355,292 267,434

12/17/2025

The financial statements were approved by the Trustees on .........................

.............................. Martin Pratt (Chair) Chair

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 MARCH 2025

2025 2024
Notes £ £ £ £
Cash flows from operating activities
Cash generated from/(absorbed by) 23
operations 205,026 (97,840)
Investing activities
Investment income received 4,255 3,054
Net cash generated from investing activities 4,255 3,054
Net cash generated from financing activities - -
Net increase/(decrease) in cash and cash
equivalents 209,281 (94,786)
Cash and cash equivalents at beginning of year 269,315 364,101
Cash and cash equivalents at end of year 478,596 269,315

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

Charity information

Young Camden Foundation (“The Foundation”) is a registered charity, number 1172314. It was registered with the Charities Commission in March 2017, constituted as a Charitable Incorporated Organisation (CIO). Registered address: LABS Atrium, Stables Market, Chalk Farm Road, London, NW1 8AH.

1.1 Accounting convention

The financial statements have been prepared in accordance with the Charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK" and the Charities SORP "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 (FRS 102)". The Charity is a Public Benefit Entity as defined by FRS 102.

The financial statements 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 Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4 Income

Donations are recognised in the financial statements when received.

Grants are recognised in the financial statements when due.

Sales are recognised when the related services have been provided.

1.5 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.

Grants awarded are recognised as expenditure when the recipient is notified of the award of the grant.

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

1.6 Tangible fixed assets

Fixed assets with a value of up to £1,000 are charged to expenditure.

1.7 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8 Financial instruments

The Charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Charity’s contractual obligations expire or are discharged or cancelled.

1.9 Taxation

The Foundation is a registered charity and is not subject to corporation tax on its current activities.

1.10 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.11 VAT

The Foundation is not VAT registered so is therefore unable to recover any VAT. Irrecoverable VAT is charged to the relevant expenditure account when it is incurred.

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

2 Critical accounting estimates and judgements

In the application of the Charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Donations and legacies

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
general general
2025 2025 2025 2024 2024 2024
£ £ £ £ £ £
Donations and gifts
296,933		 1,100,987 1,397,920 255,969 1,208,884 1,464,853
Unrestricted donations and gifts is made up from
John Lyons Charity
100,000		 100,000
Camden Council
55,500		 30,000
Individual donations
20,101		 12,066
Core cost contributions
95,652		 83,903
Other grant income
23,820		 20,000
Fundraising
1,860		 10,000
296,933 255,969

4 Investments

**Unrestricted ** Unrestricted
funds funds
general general
2025 2024
£ £
Bank interest receivable 4,255 3,054

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

5 Expenditure on raising funds

----- Start of picture text -----
|||| |---|---|---| |Unrestricted|Unrestricted| |funds|funds| |2025|2024| |£|£| |Fundraising and publicity| |Staff costs|27,940|23,669| |Support costs|6,493|6,100| |34,433|29,769|

----- End of picture text -----

6 Charitable activities

----- Start of picture text -----
|||| |---|---|---| |2025|2024| |£|£| |Grants and direct project costs (see note 7)|1,026,874|1,204,340| |Share of support costs (see note 8)|245,210|242,376| |Share of governance costs (see note 8)|7,800|5,760| |1,279,884|1,452,476| |Analysis by fund| |Unrestricted funds - general|176,783|193,638| |Restricted funds|1,103,101|1,258,838| |1,279,884|1,452,476| |7|Grants payable| |2025|2024| |£|£| |Grants to institutions:| |7th St. Pancras Guides|1,500|6,400| |Action Youth Boxing|17,986|18,860| |African Physical Training Organisation (APTO)|5,903|2,000| |-| |Albanian Community in the UK|3,500| |Arsenal Football Club|14,865|7,952| |BeLifted Now|4,180|-| |Bloomsbury Football Foundation|13,792|20,537| |British Somali Community Centre|14,784|26,380| |-| |Brookfield Primary School|3,520| |Calthorpe Community Garden|10,582|7,164| |Camden Arabic Association|-|3,000| |-| |Camden Council- Community Support Team|2,709| |Camden Sports Development|19,800|22,000| |Caris Camden|2,500|-| |Cartesian Academy|3,007|4,257|

----- End of picture text -----

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

7 Grants payable (Continued)
Castlehaven Community Association 25,692 22,440
Central YMCA - 1,760
Centre 404 20,434 22,316
Connect4Change C.I.C 1,800 -
Covent Garden Dragon Hall Trust 14,472 17,160
Creators House 11,500 35,954
Dadventurez CIC 5,000 -
Different Gravy Studio C.I.C 4,000 -
CSKX Studios - 5,000
Elfrida Rathbone - 1,588
Fitzrovia Community Centre 7,392 7,920
Fitzrovia Youth In Action (FYA) - 21,678
Global Generation - 3,860
Gospel Oak Action Link (GOAL) Youth Club 4,513 -
Hampstead Community Centre 2,500 2,000
Hawley Amateur Boxing Club C.I.C 9,378 6,080
Heath Hands 4,938 5,000
Holborn Community Association 3,500 8,096
HVH Arts 40,162 48,609
IAMI Ltd (I Am Irish) - 1,977
Kentish Town C of E Primary 7,920 9,344
Kentish Town City Farm 11,109 5,813
Kentish Town Community Centre - 880
Khady's Dream - 3,570
Kindle Corner Ltd 16,170 5,000
King’s Cross Brunswick Neighbourhood Association (KCBNA) 23,180 20,984
Latin American House - 3,500
LB Camden Early Help 27,616 29,894
Learning and Development Centre (LDC) 13,920 18,724
Legacy Sports - 31,334
London Inclusion Sports Academy (LISA) 55,796 44,369
Maidenlane Community Centre 20,770 19,600
Motion4Kids C.I.C 2,500 -
Moving Waves 6,765 7,040
Music Action International - 3,960
Netley Primary School 7,244 25,457
NW5 Community Play Project 4,660 -
Our Parks 10,368 19,360
Period & Pause C.I.C 3,500 4,000
Platform Cricket 1,440 10,560
Play, Adventure & Community Enrichment (PACE) 261,924 265,171
Plot 10 Community Play Project - 1,220
Pro Touch 40,160 59,010
Queens Crescent Community Centre/ Association (QCCA) 20,888 20,029
Regents Park Time Bank - 1,558
Remark 1,141 -
Reverse The Trend Foundation 3,379 -
Sidings Community Centre 15,532 2,068
Somali Youth Development Resource Centre (SYRDC) 19,460 16,490
Somers Town Community Centre/ Association 3,080 14,963
Somers Town Space C.I.C (A space for us - people's museum) - 1,280

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

7 Grants payable (Continued)
South Hampstead and Kilburn Community Partnership (SHAK) 9,860 10,582
St Mary’s Centre Community Trust - 2,353
Steel Pan Music C.I.C - 4,310
STORE PROJECTS - 4,975
Survivors Can Shine 5,000 6,000
Thanet Youth and Community 1,500 2,000
The Apex Project C.I.C - 24,163
The Maze Organisation (MAZE Academy) 5,047 21,010
The Winchester Project - 2,847
Thomas Dixon Magic - 2,075
Torriano Primary School 68,677 51,717
Treasure Boxing Club 2,200 -
Urban Outdoors 7,997 8,350
Vanessa C. Browne Sankofa Storytelling Arts 4,039 -
WacArts - 6,000
WeJam Foundation - 4,889
XLP 2,500 -
Yes Outdoors - 5,500
YMCA - 1,760
Zoological Society of London 2,904 3,561
Other organisations (receiving less than £1,000 grants) 1,252 (5,323)
953,679 1,141,664
Direct project costs 73,195 62,676
Total grants payable and direct project costs as per note 7 1,026,874 1,204,340

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

8 Support costs
Support Support
Governance		 2025 Support Support
Governance		 2024
costs costs costs costs
£ £ £ £ £ £
Salaries and wages 178,037 - 178,037 179,711 - 179,711
Social security costs 21,060 - 21,060 17,940 - 17,940
Defined contribution
scheme 10,461 - 10,461 9,661 - 9,661
Rent and Office
expenses 24,043 - 24,043 17,935 - 17,935
General Expenditure 18,102 - 18,102 23,229 - 23,229
Audit fees - 7,800 7,800 - 5,760 5,760
251,703 7,800 259,503 248,476 5,760 254,236
Analysed between
Fundraising 6,493 - 6,493 6,100 - 6,100
Charitable activities 245,210 7,800 253,010 242,376 5,760 248,136
251,703 7,800 259,503 248,476 5,760 254,236
9 Net movement in funds 2025 2024
£ £
The net movement in funds is stated after charging/(crediting):
Fees payable for the audit of the charity's financial statements 7,200 5,760

10 Trustees

None of the Trustees (or any persons connected with them) received any remuneration or benefits from the Charity during the year.

No trustees were reimbursed expenses (2024: £Nil).

11 Employees

The average monthly number of employees during the year was:

2025 2024
Number Number
6 7
Employment costs 2025 2024
£ £
Wages and salaries related to fundraising 27,940 23,669

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

11 Employees

(Continued)

There were no employees whose annual remuneration was more than £60,000.

Remuneration of key management personnel

2025 2024
£ £
Aggregate compensation 68,777 67,416

12 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

13 Debtors

13 Debtors
2025 2024
Amounts falling due within one year: £ £
Trade debtors - 55,295
Prepayments and accrued income 33,796 56,573
33,796 111,868
14 Creditors: amounts falling due within one year
2025 2024
Notes £ £
Deferred income 15 61,000 17,545
Trade creditors 34,162 57,406
Other creditors 6,667 7,500
Accruals 55,271 31,298
157,100 113,749

Included in accruals is £47,471 of grant commitments formally committed to as at 31 March 2025. These were paid within one month post year end.

15 Deferred income

Deferred income
2025 2024
£ £
Other deferred income 61,000 17,545

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

15 Deferred income

(Continued)

Deferred income is included in the financial statements as follows:

2025 2024
£ £
Deferred income is included within:
Current liabilities 61,000 17,545
Movements in the year:
Deferred income at 1 April 2024 17,545 105,600
Released from previous periods (17,545) (105,600)
Resources deferred in the year 61,000 17,545
Deferred income at 31 March 2025 61,000 17,545

Deferred income represents amounts received in advance of the Charity's required obligations to deliver funding in the 2025/2026 financial year in relation to the funded HAF programme.

16 Unrestricted funds - designated

These are unrestricted funds which are material to the Charity's activities.

The trustees have designated these funds for grant giving over the next four years.

At 1 April At 1 April At 1 April Transfers At 31 March At 31 March
2024 2025
£ £ £
- 125,000 125,000

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

17 Restricted funds

The following is a summary of the purposes of each significant restricted fund, for which movements are detailed in subsequent pages.

Additional Camden Funding

Camden Council bolstered the DfE Holiday Activities and Food (HAF) programme with additional funding, to enable more spaces to be commissioned.

Community Impact Fund- Support from Camden Council’s Community Partnerships team to support YCF’s offer around support, training and events to member organisations.

Core funding: provided by City Bridge Trust, Camden Infrastructure Fund, Paul Hamlyn Foundation and St Andrews Holborn Group of Charities towards core staffing.

Family Crisis Fund (HAF top up)- Camden Council awarded the HAF programme an additional £100,000 in 2023/24 from its Family Crisis Fund to support onward granting to enhance the Camden HAF offer. This was still being spent in 2024/25.

HAF 24/25- HAF (The Holiday Activities and Food Programme) is a Department for Education funded holiday activity and food programme aimed at providing children with access to healthy meals and activities during the school holidays. YCF is commissioned by Camden Council to co-deliver this programme.

Heads Up Mental Health- is designed to address growing need for mental health support from member organisations amongst children and young people that emerged both during and in the aftermath of the COVID-19 lockdowns and the cost-of-living crisis. The fund also provides the opportunity for YCF members to strengthen the capacity of their own staff.

HSE Small Grants Fund- Small and Mighty- Aimed at smaller and newer organisations and not for profit CICs who have not recently received John Lyon’s Charity funding. Available for small projects aimed at delivering services to young people and some core costs.

Propel- Level Up Youth Work- A collaborative project, in partnership with Young Westminster Foundation and a number of our sister organisations in the YPF Trust network, to fund and support a ‘levelling up’ of youth work practice across the boroughs via targeted network spaces, co-commissioned trainings and funding of qualifications. The project brings together a quarterly networked space for Camden’s youth practitioners, which is used to collaborate and co-design training that will support practice. The project also features a small grant to support youth worker qualifications, and also funds quarterly co-designed trainings to support good youth work practice in the borough. The core part of the grant goes towards staff costs.

RAISE Camden

A Camden wide strategic project around tackling Camden’s high child poverty rates. In 24/25, YCF was commissioned to deliver and facilitate two focus groups of young people and youth workers to feed into the findings of an independent report from the Institute for Health Equity, and advisory support around engaging young people in the governance of the work going forward.

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

17 Restricted funds

(Continued)

Summer Opportunity Fund

Providing our members with the opportunity to offer fun and enriching activities to young people during the summer holidays. These activities will help keep children and young people engaged, active, and supported, promoting their mental and physical wellbeing.

Supplementary Education Fund - this fund is dedicated to providing core cost support for supplementary schools and out-of-school settings associated with organisations actively delivering in Camden. We invite applications from such organisations with a strong emphasis on providing core thematic learning experiences to children and young people - grantees are also supported by the YPF Trust via this grant.

Tesco Campaign

YCF successfully received the most in-store votes across Camden, winning the ‘Tesco Golden Grant’, administered by Groundworks. Funding enabled activity hampers and supermarket vouchers to be distributed to children in need across Camden.

Winter Community Fund- Funding towards youth work/projects delivered between Dec 24 – Feb 25 specifically as a result of the cost of living crises, to enable organisations to stay open over the Christmas period, and provide children and young people with fun and enriching activities, as well as access to a warm space.

Young Ambassadors- In this second year of delivery funded by LandSec, young Camdeners, aged 17-21, worked with us on a programme of upskilling, advocacy building (co-delivered with experts 2-3 Degrees) and serving as an ambassador for our organisation and the wider sector. The grant also contributes to staff costs.

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

17 Restricted funds

(Continued)

Movement in funds Movement in funds Movement in funds Movement in funds
Funder Fund Type Balance at 1 Incoming Resources Transfers Balance at Incoming Resources Transfers Balance at
April 2023 resources expended 1 April 2024 resources expended 31 March
2025
£ £ £ £ £ £ £ £ £
Derwent Summer
Opportunity Fund - 1,800 (1,800) - - 5,000 (5,000) - -
Childcare Trust Fund Summer
Opportunity Fund 1,031 - (1,031) - - - - - -
Donations (The Big Give) Summer
Opportunity Fund 14,006 463 (8,905) 18,000 23,564 - (31,564) 8,000 -
Paul Hamlyn Foundation Summer
Opportunity Fund 10,000 - (10,000) - - - - - -
LabTech London Limited Summer
Opportunity Fund - - - - - 2,000 (2,000) - -
Savills Winter Community
Fund - 5,000 (5,000) - - - - - -
Capital Property & Winter Community
Construction Fund - 5,000 (5,000) - - - - - -
Derwent Winter Community
Fund - - - - - 4,000 (4,000) - -
Donations (inc. The Big Winter Community
Give) Fund - 4,782 (14,782) 10,000 - 3,452 (10,425) 6,973 -
Feldberg Capital Winter Community
Fund - - - - - 1,495 (1,495) - -
Camden Council Community Impact Community Impact
Fund 3,703 - (2,877) - 826 - (826) - -
City Bridge Trust Core Funding - 40,000 (40,000) - - 40,000 (40,000) - -
St Andrews Holborn Core Funding
Group of Charities - - - - - 11,911 (11,911) - -

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

17 Restricted funds

Restricted funds (Continued)
John Lyon's Charity Supplementary
Schools - - - - - 25,000 - - 25,000
John Lyon's Charity HSE Small Grants
Fund 1,133 50,000 (48,534) - 2,599 50,000 (47,471) - 5,128
NISA- Making A HSE Small Grants
Difference Locally Fund - 1,503 (1,503) - - - - - -
Shaftesbury Heads Up Fund 25,000 - (25,000) - - 25,000 (24,821) - 179
Central District Alliance Heads Up Fund - 5,000 (5,000) - - - - - -
Dr. Martens Foundation Heads Up Fund - 14,000 (14,000) - - - - - -
Somerstown Community Heads Up Fund
Association - 6,000 (745) - 5,255 - (5,255) - -
Camden Council Family Crisis Fund - 100,000 (97,188) - 2,812 - (2,720) - 92
Camden Council HAF 24-25 17,899 778,839 (793,175) - 3,563 773,102 (768,363) - 8,302
Tesco HAF 24-25 - - - - - 2,000 (2,000) - -
Active SEN HAF 24-25 - - - - - 500 (500) - -
Amazon Fresh HAF 24-25 - - - - - 400 (400) - -
John Lyon's Charity AMPAAC - 18,000 (18,000) - - - - - -
Tides Foundation Bright Futures
Fund - 109,373 (109,373) - - - - - -
Derwent Bright Futures
Fund - 200 (200) - - - - - -
LabTech London Bright Futures
Fund - 5,000 (5,000) - - - - - -
Donations Bright Futures
Fund - 2,427 (2,427) - - - - - -
LandSec Young
Ambassadors - 14,474 (3,517) - 10,957 14,904 (20,862) - 4,999
Young Westminster Propel- Level Up
Foundation Youth Work (Core) - 25,000 (25,000) - - 15,750 (15,750) - -
Young Westminster Propel- Level Up
Foundation Youth Work
(Project) - 3,525 (2,284) - 1,242 11,821 (11,774) - 1,289

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

17 Restricted funds

Restricted funds (Continued)
John Lyon's Charity Supplementary
Schools - 25,000 (25,000) - - - - - -
NISA- Making A Supplementary
Difference Locally Schools - 3,497 (3,497) - - - - - -
Camden Council Additional Camden
Funding - - - - - 107,000 (89,994) - 17,006
Tesco Campaigns /
Appeals - - - - - 5,000 (5,010) 10 -
Camden Council RAISE Camden - - - - 2,652 (960) - 1,692
72,772 1,218,883 (1,268,838) 28,000 50,818 1,100,987 (1,103,101) 14,983 63,687

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

18 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 April Incoming Resources Transfers At 31 March
2024 resources expended 2025
£ £ £ £ £
General funds 216,616 301,188 (211,216) (139,983) 166,605
Previous year: At 1 April Incoming Resources Transfers At 31 March
2023 resources expended 2024
£ £ £ £ £
General funds 209,000 259,023 (223,407) (28,000) 216,616

19 Analysis of net assets between funds

Unrestricted Unrestricted Restricted Total
funds funds funds
general designated
2025 2025 2025 2025
£ £ £ £
At 31 March 2025:
Current assets/(liabilities) 166,605 125,000 63,687 355,292
166,605 125,000 63,687 355,292
Unrestricted Unrestricted Restricted Total
funds funds funds
general designated
2024 2024 2024 2024
£ £ £ £
At 31 March 2024:
Current assets/(liabilities) 216,616 - 50,818 267,434
216,616 - 50,818 267,434

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

20 Operating lease commitments

Lessee

At the reporting end date the Charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

2025 2024
£ £
Within one year 4,320 12,960

21 Related party transactions

Daniel Omisore is Director of Finance at Camden Council. During the year Camden Council provided funding to Young Camden Foundation of £1,024,584 primarily via the DfE HAF programme (2024 - £980,439). Young Camden Foundation also provided funding to three Camden Council teams:- Youth Early Help Team £27,616 (2024 - £29,894), Camden Sports Development Team £19,800 (2024 - £20,460) and the Community Support Team £0 (2024- £2,709) as part of HAF commissioning.

Tom Simpson is Senior Counsel at YouTube, Google Uk Ltd. During the year Young Camden Foundation received £0 (2024- £117,372) from Tides Foundation which a Charitable Giving platform funded by Google.

Foyezur Miah is Chief Executive of QCCA which received grants and funding from Young Camden Foundation totalling £21,327 (2024 - £19,810)

Abdikadir Ahmed is an employee of SYDRC (Somali Youth Development Resource Centre) which received grants, funding and room hire payments from Young Camden Foundation totalling £20,095 (2024 - £16,758)

Maggie Mendy is an employee of WAC Arts which received grants, funding and room hire payments from

Young Camden Foundation totalling £0 (2024 - £6,000).

Andre Schott is Chief Executive of Fitzrovia Youth In Action which received grants and funding from Young Camden Foundation totalling £250 (2024 - £22,038)

22 Post Balance Sheet Events

There were no post balance sheet events requiring disclosure.

Document ID: 253501823455050

YOUNG CAMDEN FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

23 Cash generated from/(absorbed by) operations 2025 2024
£ £
Surplus/(deficit) for the year 87,858 (14,338)
Adjustments for:
Investment income recognised in statement of financial activities (4,255) (3,054)
Movements in working capital:
Decrease/(increase) in debtors 78,072 (26,746)
(Decrease)/increase in creditors (104) 34,353
Increase/(decrease) in deferred income 43,455 (88,055)
Cash generated from/(absorbed by) operations 205,026 (97,840)

24 Analysis of changes in net funds

The Charity had no material debt during the year.