Company registration number.. 10229618
Charity reglstration number.. 1173430
DYS Space Limited
(A company limited by guarantee)
Annual Report and Flnancial Stat&m8nts
for thè Year Ended 31 March 2024
WESTCOTTS
CHAftTEAED ACCOUNTANTS
1 OUJ1+4EIS ADYISFIIS

DYS Space Limited
Contents
Referen￿ and Admini8tralive Deialls
Tru$te8s' Report
2to3
Independent Auditors, Report
23to25
statement of Financlal Actlvities
26
Balance Sheet
27
Stalement of Cash Flow5
28
Notes to the Flnandal Statement8
29to50

DYS Space LSmited
Reference and Administrative Detalls
Trustees
Carollne Down, resigned 23101124
Kevin Henman, resigned 1210512023
Adam Winsor, appoint8d 11106124
Peter Adey. appointed 11110123
John Harrison
Cecilia Kokubu
William Withers, reslgned 14109123
Lara Rippon, appolnled 25107123
Richard Chubb, appointed 25107123, rasigned 23101124
K8ty F8w-Singh
Ollvèr Lov811, appolnted 26104123
Andrew Otiy. appointed 26103124
Ll8a Rutter, resigned 26103124
Danlel Barton, appointed 22111123
Angela Coton, appointed 2610412023, reslgned 13110123
Heather Sandover, appolnted 2417123, resigned 26103124
Susan Clarke, resigned 05104124
Melanle Walker. resigned 01108124
Christopher Harper, resSgned 11110123
1173430
Charlty Reglstratlon Number
Company Reglslratlon Number 10229618
The charity Is Incorporated In England and Wales.
100 Club
Wear Barton Road
Exeter
EX2 7EH
Westcolts (SW) LLP
Plym House
3 Longbridge Road
Ptymouth
Marsh Mllls
Devon
PL8 8LT
Reglstered Offlco
Audltor
Page 1

DYS Space Limited
Trustees. Report
The trustees, who are dlrectors for the purposes of company Isw, prèsenl the annual report together
with the financial statements and auditors, report of the charltable company for the year ended 31
March 2024.
Objectlves and actlvities
Publlc ben&flt
The trustees confirm that they have complled wilh the requlrements of section 17 of Ihe Charittes Act
2011 to have due regard to the pub16c ￿nefit guldance publlshed by the Charlty Commisslon for
England and Wales.
statemfrnt of tru8ts08' r88pon81bllltle$
The trusteès (who are also the directors of DYS Space Limited for the purposes of company law) are
responsible for preparing the trustees, report and the financial statements In accordance with
applicable law and United Klngdom Accountlng Standards (Unlted Klngdom Generally Accepted
Accounllng Practice), includlng FRS 102 "The Financ￿1 Reportlng Standard appllcable In the UK and
Republic of Ireland"
Company law requlres the trustees to prepare flnancial slatemenis for each financi81 year, Under
company law the trustees must not approve the financlal statements unless they are satlsfied that
they give a true and fair vlew of the state of affairs of the chaiitable company and of the Incoming
resources and appllcation of resources, including ils Income and expendlture, of the charltable
company for thal period. In preparlng these financial statements, the trusiees are required to..
select suitable accounting pollcles and apply them conslstenlly;
observe the methods and principles In the Charltles SORP:
make judgements and esllmates that are reasonable and prudent.,
State whether applicable accounting standards. comprising FRS 102 have been followed, subject
lo any material departures disclosed and explained in th8 financial statements., and
prepare the financlal stalements on the going concern basis unless it is inappropriate to presum8
that the chaiitable company will continue in business.
The trustees are responsiblé for keeping proper accounting records that can di5c105e wlth reasonable
accuracy at any time the financial positlon of thé charltable company and engble ihem to ensure that
the financial slalements comply with the Compan18s Act 2006. Thèy are also responsible for
safeguarding the assets of the charitabl8 company and hence for taking reasonable st8ps for the
prevention and det8Ction of fraud and other irregularities.
The trustees are responsible for the malnlenancè and Integrlty of the corporate and finandal
information included on the charitable company's website. Legislation governing the preparallon and
dlssemination of fv'nanclal statements may dlffer from18gislation in oth8r jurisdictions.
Dlsclosure of Informatlon to audltor
Each trustee has taken steps that they ought to have taken as a trustee In order to mako themselves
aware of any relevant audit information and to establish that Ihe charity's auditor Is aware of that
information. The Iruslees confirm that there is no relevant information that they know of and of whlch
they know the auditor is unaware.
Page 2

DYS Space Limited
Trustoes, Report
The annual report was approved by the trustees of the charity on .I':s.J.i.i..1.4. and signed on its
behalf by..
-1 I
Katy Few-singh
Trust88
Page 3

DYS Space Limited
DYS SPACE LIMITED
Trustees Report and
Financial Statements
For the Year Ended 31 March 2024
Page 4

DYS Space Limitsd
Contents
Introductions................
Chair of Trustees Report..................................
CEO Report.............-.
Some highlights in numbers
This year we also.. ..
Some Storles
Summary
Looking ahead to 2024125......................
Principal Rlsks............
Fundlng....
Financial Review.......................................
10
12
.13
.14
.15
17
Page 5

DYS Space Limited
Introductions
Thetrustees are pleased to present thelr annual Irustee8' report tO9￿herWIlhthe financlal
stat*wn8nls Df DYS Space Lid (Space) for the year ended 31 March 2024 whlch are also
prepared to meel th8 requiram•nts a dlr•ctofs' ￿port and financlal glatsmènts for
Companles Acl puipogeg.
The financlal 8talem•nt8 ¢omplywiih ihe C¢mpanle$ A¢1 2006, thg Memorandum and
Artkles ofA$so¢latloTh and Accounllng and Reportlng by Charllle6'. Statement of
Recommend•d PiactSc8 bpplic&bl• io charltles preparlng th•lrfinanclBI slat•m•nl2 In
gccordanc• wlth th• FlnBnclal Roportlng Standard applicable kn the UK and Republlc of
Irelènd (FRS 1021 (elfe¢tive January 2019}.
SPACE
YOUTH
SERVICES
Page 6

DYS Space Limited
Chair of Trustees Report
Kate Few-singh
1am honowed io lakgn on th• role of Chalr ofTru8l•es from Melante W8lker In
January. Mglonle had been Chalr 8kne• Ihe Incepilon of Sp4¢e In 2016 and under Mel8nld8
excep1t0h￿ léadershlp the charlly grew lo develop Innov8tlve prolèels such aB our
Educalional Supporl Services, Dlgit¥l youlh woik and slieet work programmes undouMedly
havln9 & poslilve Impael on manyyoung people In Devon, On beh811 of everyonè al Space I
would Iikelo say ihank you lo Mala￿0 for herdédlcallon, commltmenl and hard woth over
her 8 years of beln9 Chalr. We ?l¥o satd goodbye ènd Ih?nkyou lo our IfU8tee8 Susan Cl8rke,
Heathér Sandover, Rlchard Chubb. WIIIIAM Wlthers and Chrls H&￿tr alorKJslde 8t8ff trufytee8
Caroline Down ond Fl*)no Cole. We ochloved # more settled leaderghlp as Ll$a Ruller & Dan
Barton 8hAred the Inierlm CEO po8lllon to nAvlg&le the ¢h8nge8 needed.
Young people have nover n•¢ded youth work so much. Wo have sgen ond h￿Id fil81 hand
thal Ihere18 more pressure on young people than ever before. There h•$ beén a 23%
Increo8e in yO￿g people m188ing from educallon. whlch we know leadB lo hlgh8r levo18 of
vulneroblllly. Onllnv ¢onlenl. guch as cyber bullylng, ro¢orded fightlng and $ut¢idg
Ide•ll88tlon are common place. wllh young people In thelr Iranslllon lo oecond8ryedu¢allon
Slallng th8t118'Lm8voldable'. Thls coupled wllh the ongolng Impact of the dlsrupllon tD th8lr
¥ocl&ll8atlon processes Ihal covld loekdown8 pre8enled are maklng Ihelr lourngy8 more
dllf¢culi Ihan ever before.
Over the pa81 year Spa¢e h88 contlnued io crealè tlmeond space for young people In Devon,
#nd beyond. WhetherthAt b• In a youth cenlre. on lh• Street Sn iheli communlty, In hosplt81,
onllnè, at ihety school oi al Chanc•s. our Indep&ndenl school In D￿lleh.
Unfortunately Ilk• m8ny oiher charilies we hgv• had to nBVig#tè slgnifieont fin8nclal
challenge8 ovei Ihe pasl year. Th• co81.of.Ilvlng ¢r161$ led to 80me 8lgnifi¢8nl ¢oJt Incr•a8e8
end 81dty w• hèd to makelhe very Iou9h declslon lo reduc• our 81afl number8 lo en8UO W•
could ¢onllnue to delSYer Ouf ¢onlra¢l¥d serylcea.
Ouf wonderful team of $peclally tralned youth woikerg. te8eh618 and 8UPPOrt 8taff have
eonlSnued lo provlde youth work 8nd programme8 In 80me of ihe lov￿e8101 Ilme8 for
young peopl•. We are ever waleful to our funders (listed page 18) who make11 p0881ble
for Space lo contlnue lo provide ihe 8grvlc88 we do and help u$ lo reach thoge young people
In need of addlllon81 support. Thank you al80 to our gUPPOrter8, donors and volunleers who
make It Possible for Spkc8 to go Ih8extra rnlle foi young people. We ar• truty w&t8ful lo you.
We are looklng lorward to a brlghter future wilh strong kgdershlp and a Board of Twslee£
who arè SIr￿TelY commltled lo worklng Io SUPPOTI m4ny morè young people acros# Dèvon
to unlock thelr polentlal.
Thank you
Kat&
Page 7

DYS Space Limited
CEO Report
Dan Barton
Slnce our Incepllon In 2017 we have been a1fjomlThJ organlsallon, one whlch 8oek8 ￿eVOlve
and develop In order lo meet the evw changlng need8 of young poople and ihelr
communllle8. Th18 year wa8 8 8lgnlfittanl slep towards OLTrr maturlty as a charlly. AB Isthe
ease for many ¢harllie8 PO¥t Ihe COVtD'finan¢lal boom, wq wara basgt wilh a vail¥ly of
chall8nge8 and managed som• 8lgnlfi¢ant ch8ThJe.
Human n81ure conllnu¥lly Impres8e8 me, throughout our mo81 dlfficuli ol yegrfj our 8lalf And
volunlo8rn eonllnue io Innovate. t•8pond to need gnd dyn8mlca1￿ adapt. Th1$ y44r. whue
¢onllnulng lo oupport young people and thelr communftl88 In ih•lr profe$Blonal e4pAclty. our
8ta(f'$ 8olutlon.foeui•d approaeh h86 been èqually needed wlthln our oharfty. In ord•rto
r•&pond lo Ihl ri81ng ¢￿t of Ilvlng, the Incom• challengBs ihal we all 8hEte In th• $e¢tor, we
made $¢m$ very difficult d￿lS1on8 In r¢lgllon to the number of people we could lake wSth u$
Into next year. th•reby108lng som• v•lued ¢olle8gue8.
We Saw slgnlfi¢gnl ¢honges Sn dellvery 81all. leader8hlp and our board to 8n8ure w• end ihls
y84r as q more vlable and su81glnable charlly wilh sSgnSfioant18ornlng emb•ddid Jnd now
det•rmSnqllon lo Jucceed In 2024125 and beyond.
I would like to thank Llsa Rulter for ahgrlng lh8 Interlm CEO role wllh me for 6 monlhB of the
year as w8 succe88fully $leadled ourorganl8allon and made Ihe change8 neoe88Wy.
We conllnuè lo reach thousand$ of young pwple 88ch year and make 8ueh 8 81gnlfic8nl
Impact ln Ihelr1Své8, ranglng from helplng them Stepout of theli homes mor• oli•n and
ambrace the world 10 8taylng 8afe liom rlsk of •xplollatlon. Unforlun8t•ly we hève seen a
¥lgnlfio4nt rlae In safeguardlng comlng Irom ow open ACC¢81 youth ¢enlre se￿lOn8,
hlghllghllng Ihe essent181 naluie of ¢ommvnlty b88ed youth ¢enlr•8, where young peopl• can
fieety meet wllh trusted adults ond bulld long.lqrm reletlon8hlp8 8nd g81n 8UPPOrt at Ilm•8
th&1 6ulI ihcm.
In summary. we have navlgaièd ¢ur mo81 dlfficuli ofyear8, made the nece888ry change810
our exp8ndliure lo en8ure our vlability but cruclally contlnuqd to provld8 8gsanllg1 servlo•¥
fvryoung people. l Immensely proud ol the dlversg contlnuum of 8upporl we offw young
people as they navlgate Ihelrlransltlon to Independenee and gdulihood. It 1$ A prlvllege lo
lead thi8 organls811on Into Ihe nèxl phasè of118 exlBlenc4 one where we continue lo
dynom1¢411y respond tolhe èvei ¢hanglng need8 ol young people.
Page 8

DYS Space Limitsd
Some highlights in numbers
During tlieir tiansition inlo odulthood Ihere aro periods ol $tabilliy and'peilods ol turmoil an(5,
41 limes, trauma We strive If) find a balance between understanding and plannlng for knoivn
univers81 experiences and being dynamic ènougli Iv adapl as young people's needs chDngo
Jild evolve. It's nol possible lo ouilifjo Ihg. in¢iedlbly vari£d aciivilios we deliver acioss Ilie
following services but have presentèd some highllghts below
Open Access
L¢n(J lerrn, open Accp8s and yo￿ntary engugemenl." Vla our cenlre.based, ¢nllne and
s¢reel.b?sed Yvuiii Work. Piovldlng Somewliere lo go. Sorneihlng to do and Someone io 1o1k'
lo
37,282
Atl•ndanc85 to Open Acce88, ofl.81te ond onllne youlh work 8•gslon8
1-2-1 Service
184
92.29.
young ppople who wer• r•f*rrad Into I￿1
8peclallsl I'.1 ¥ervlce
mJd• posMlve progre89 wilh Ih¥lr s•lf
delewnlned recovery plan8
Chances School
Our OFSTED reuislered. Early Inlervenlion, Ali*rnÉlive Idveailon Sohooi, Chance's
reinlegr4ies 3tudenis back inlo theli mainstream 8¢hool sE(Ilnq, Thi$ fibuie below hlghllghts
tlie need lor 5u¢h an appro<1eh, dI9cov•rlng those young people who'mgy $lrugglo carly on
and Investlng Iri Iheir success lor the benelit DI all.
97.7%
8u¢ce8$ rate of relntegratlon back Into thelr maln8lream xhool 8eUlng
Page 9

DYS Space Limited
Social Prescribing
Our Social Pfe$¢ilbln9 8èrvi¢e low youThJ people In partnership wllh GP8 ¢onllnues 10 9aln
momentum
Hospital Inreach
Our Hospltal b85ed youlh woiker Is generating'profound Impacl In th8 nvmber of
readmission5 to hos￿181
Street Based and Off Site Youth Work
Our Slfeet.BaBed & mobile Youth Work Is reaehlng Ihosèyoung people mo81 at r18k of
fiminal exploltation and rl8k taklny
446
2936
Regl6ler¢d young poople engaged
Unregl$lefed young peoplt 8upported on
the slrget
Page 10

DYS Space Limited
This year we.also
Evolved our Educatlon Support Servlces tearn
W• have e8labllNhed Ihe leaFn 88 ky Inlluencers of 8eFvlce de81gn, wilh lh• lived experlence
of young people be6ng mNa ￿a￿llY Tecogni¥ed and helping to ohape fthure key strnl•glC
prlorltle8 and serylee defylgn. We dellveied a Youth CoNhT•nc• In the Aulumn lovknng al
explorlng Knlle Cflme ènd Dangerou6 Drug Networks.
We ￿velOun¢hed programm•o In ￿h0O1¢ on lollowlng lop1￿..
Wtsllne88 ond lourndlng
Eduoallng those 01 fl$k of dl$plaWng or being vlcllm6 ol HaTmfsJl ￿XUal behaviours
Supportlng young p•opl¢ wilh Impr160ned parent8
Croated a Podcast
In partn•r8hlp wllh Ex•t•r Unl¥•rnlty Our dlgital
le*m lacilStat•d 108eareh into a number ol toplc5
•nd created pod¢asl8 ol ih• learnlng for u8• 101
other6 worklng wlth young people, We develO￿d •
young volce podc•$l io exploreporc•pllon$ ol
Mental Healih and th• language used •ftw COVID,
wllh ept8od•8 on gaming, 8chool. frt•nd8hlp8.
.THE Y.OUTH
, WORK',f¥OD.CAST
Dellvered a much needed 8ummer actlvlty programme
We rnn 80mo Incredlbl• #ummer ocllvltl•# whlch r••lty gAvoyoung people i Chance lo hov•
furn mak8 lit•rrf18 Ind build gkill8. IncludlrvJ. Hlv• Liv•, Exeler Re6identlal, Exmoulh
odv•nturi Bld•lord Kayoklng, 8am8lapl• Gr•ffrtl pro18￿, Bld•lord b•a¢h day, wilh young
peoplelolning Ihern Irom Boinst*ph And Tlv6rtory woodl•nds Advqnture P•fK lllp8 to
Thoip• paik Bear tsall mudty 8s8auli courne, the Il•1 could go on and on.
Thè Summèr •ctlvliio1 wé ran In 2023 hive gI￿n young p•ople expertences they wouldn't
oiherwi8e hgve. consglldated Iqlailon$hlp8 belwegn yo￿￿ wothers And young people. gol
them oui ol comfort zongs, 4nd facllll8lÈd rlsk taklng a￿1¥11163 needed lor adolescent braln
d•velopmeM.
Page 11

DYS Space Limited
Supported our colleagues in the Youth Sector across
Devon
We ha￿ •upport•d new ¢hJb•to open •uc* a8:
cullomptonY￿th Club
we￿ Ex• In Exet•r
cha9f0￿ & 018trlct Youth Club
Klngokèraw411
Our tralnlng offeTeontlnuo9 to be w•1 needed •nd wdcomad
Chlld Prolecllon.. 73 •tlendee8tot
Safeguardlng Gffjup 2.. 82 è116ndeeg tol•1
Safeguardlng Group S.. 40 •lt¢nd•o8 totsl
107 8ttende•8 In lotal for all 01￿1 Iralnlng programm•8
Saf•guardln9 forTfuit•08 and Manag•menl Commlttoq M•mbers Trnlnlng., S
attendee$
Menldl Heokh FlrBt Ald TrnlnlThJ: 15 atlende•a
Ji
14 k
Page 12

DYS Space Limited
Some Stories
Tlie Ihlngs we heJr liiTie and iiine again are hoyi youth ceniTea, and the long lerni
relaiitsnshlp wilh youih workers 15 a lifeline lor somo. here are a lew-loiies Ifom Ihe young
peoplo we havo SLippofied.
"I was in a very unhe4llhy relallonship thai ledme to $ellh8rffl, do dnJgs andalcohol. Th•
youili cenlre was nol onty my 841eplace lo go when I neededlielp. bul they￿1￿0 ljelped
and stspporled me wlihprofesslon41 help in order for me lo recover. I now iio loiigcr have
èny ol those unhealihy coping methods and wlll be lorever gr8lelul to the youth cenlr•.
- Lucy, 17
Beforn I started eomjng loyoulh club I wenl lo the doclors and ihey Ihoughl Ih8da slre8k
of depresslon, I went lo see J couii$ellor. Wlign I went l olldn'r really leg1 Ilke It helped. I
hada liiefté who used lo gel l-18upporl Irom Ihe youth workers and they kepl ￿MIndIng
m9 Ih8t I couldcorne ond ralk to Ihe youth workers whenever I needed io. 15tarted to play
8 bll ofpool iyllli the workers 8nd $18rled lo lrnsi ihem. Aiihough I don't elways lalk abovt
niydeprosslon or Issues comlng Into Ihe youth club makes me leel more happy8nd
secure. Mycounselllftg 8lops In Iwo weeks, bvl I know Ih8t 111 be okay Bs I will always
hove bock up- I con see theyovth workers. Thanks to Ihe Space slaflfor making me
happy.-
Kèlth, 16
before I slarled comlng lo Youlh Cluts Idldn'l r•8My have any Irlend$ lo 18lk lo, lu$t odults
really. I live In a chlldrens home. This made me leel re8lly lonel￿ I had jusl been pul Into
care and I lell really 8iixlous aboui ihls. I then s18rled coming lo Ihe se¥slon on a Filday
Ighi 81 rhe youih ¢lLtb. Ih8ve now mede some friends slnce coming here. I realtylook
lonvard 1¢ ￿mIng to the youlh club. Ilike il because It finlshes quile18le 8nd I Ilke th81. 1
lind il easy lo lalk loyoulh w0￿er$ b￿aUse Ihey are relDxed open and friendly 81Jd I
really Ilke Ihe quleler ones because I don't Ilke A lot oli?oise end dislra¢llons. Comlng
hefe has helped me a lol.
-A￿,15
Page 13

DYS Space Limlted
Ihe Youth centre rèéllyhelpedme lo gel ov•rmyn8fts delih. li helpedbecause li
dlslraeledme•ndkepi me buty. Youth work6ts he￿edme because Iheyencouf8ged me
loinleract wlth otheipeople Ih•l I woulth't have usuallylnlei&¢ièd wilh belore. I respect
ond look up ￿ youth wwkers bec*useof Ihe {heYh￿rfIe thlngs 8nd8￿1vItIeS and
how Iheyhelppeople. Iléll ih41 myment81 he81th WA$ 9olngbad and IIH'S couldhave 901
much W￿Se ilit wasnl lor the Youlh cenire andyoulh workws. It has also kepi m• oll ihe
gtreeis 8nLloul of troubl+.
- Davfd. 14
When I first 51arledcomlng lo Youili Club Iv5ed lobe a waste of Space. l used lo spend
all my monèy on dru9¥ •nd food. I was 8 n￿$9￿ce io ihe yO￿h Worker$ andniypeers. Al
Yovlh Club one nighl Iheytroughl out Ihe d￿9S btsx &ndl got to look &1 all Ihe risks Mlh
oneof Ihe Youth Workers. Thls Is when reallly kicked iii. I slerfed 10 get lo knowmy Youlh
Workers bellergnd sa¥vrnymoios $llNdoingharder diugs gndlde¢lded lo back oul olll
a bll. Ai Yourh Club I sf&rled volunle•ring wilh Ihtyounqerklds. l am noWm0￿ •w8re ot
mysell8ndmoie responslble in Bndout ol th• Youih Club. I feel Ihai 14lklng to Ihe Youth
W0￿•r$hA8 helped In my Ille ¢han9lng type ihlng.
J•llyi 18
Mylnvolvement wilh Spscèhag given me ihe ab￿llY to fmd and get 8 Jod Realise that l am
worlh a loi more Ihan Ilhought andhas helpedme to ger b8ck Into eLluc•tlon. I fir81
Joinedwhen I was 13 ondwasn'l &w8re ofihe imp8Ct thai IINS ser¥Ke wouldhave on my
Ilfe! I wenl lo Ihe youth club every nlghi ihat11 was open and soon made lois ol Irlends,
As I gol olderlife gol a lot more dlffieuli lor me as I became a young carer 91 horne and
w&s al¥v sufl¥riiig froiji Depressloii aiid Anxièly. Carlng for8om@one&t Iitsn?Lth IDke$ up a
lol ofyour limo on(1 youlh club svas tlre ontr Chance Ih*d41 leeling lik(J o normal
leenager. W￿￿ I lold a youlh worker Ihat I w*s siruggllng I wes ollwed some l.'I suppori
and Ihapplly accepled. MykeyworkLV was funny and already knew me very well V￿Ch
madé il a Illllè easler to slari ihe l-l sesslons wllhout fe8r ol nol knowing who I wouldbe
lolking lo, I was 18 and hodno Ideè what lo do wilh myiife. Looking loroiob was a veiy
sc&ry Ihough¢ l olien ivorrled andpenickedabout gelltng 8lob and lalllng. TIKough 11
$esslons we did 8 lol olwtvk 8round my skins 8ndqualllles which at first I IoLfnL( wry
dlffieult as I thought I w8$ useless. Aliera whlle I slowlyslailed ihlnking 1rt8ybe I c8n do
Ihls. Ispilously slarled to consldereomin9 oflol slckness benefits ond looking lor some
work. Whèn our l-l $e$slons finlshed I was ècllvelylooking for woik andrecelvln9
supporl from ourlocbl job cenlre. When I feceived 8n Intervlew for Sainsburys I was
pelrifio(l. myfffsl fyireJviewlForlunalely Ihoy Ilkedm*8nd employedme Ihe ftexl weekl I
wlll always bt giBleful io Space.
- Advh •x rn•mb¢r
Page 14

DYS Space Limited
Summary
iA8a:81gff rnulyal,,wé look OlWnÈr8hlp.,of;DeYori'.$'Y(iuih SeNloe,In,2017,,'villh iho'nee'ds oli
and.ef(urf8.Inlo,provldlbg.Ihe.koal:spkvltiès,
0g$lblelfr)t,,
YO￿A9p'er1PIe,..S1ffj.¥rt1tPjl,￿.b¢￿n
bord',Ip éoybty, ¢Bprolally,%y5ili iile,'In¢¥•oglnu r¢ith'p!&iiiy:ofibuii#orl-,npqtl¢d lor,youn
ppbpl& Ourlearoltbg',frotn 20231241ts,io,ehsuro èonl_lllUè10 provld¢.foi:Ihene*dg:of
y.ourJg,'p.oopI'e',wlibi&n,"e.qy81:èrrip.Iio8l&nniihe,viBblllty..iil',1gunehing4etyl¢es,'dovelOpIng
'IDlttaihès,,Whl1￿'b8I8DeIn￿',l1}Q.l1oodS.'ofr¥o,un9 iieDplewih,Ih'g r¢&lfly of.,Ihe devdsijllnglg.
Page 15

DYS Space Limited
Looking ahead to 2024125
Strategic Direction
IIlGtort# Iij41(Ilyr4 fieJrry C*lJ".
.11 trorooaii &¢CÉi#$ vfjiilh wDik b&.
Gove.rnance Succession
111 rnDlinii,J fo bfidffis¥plfJile￿ 8s1csr￿btylII.
Inf rastructure
Ill* L'iin wiD.rfTiUI4 t￿mYJa V..• In oiJro.pi' Nilvnilprt4Q￿l￿Nrt i%rilltilvr.r&o¢joa goll4lyJry.Il¥
Recruitment and Retention
Npiloi}H. 4,11':9¥,'4I¥O.':l* lir￿[%1 IE)iig!hfri'. Igiilh p#041*on¢iiitpnilw 4ifp.419 rt91}Ilill.mokrn¢i
Funding & Income Generation
ppl.7￿(￿￿ fjiir ts,JDI 4uthpffej,'rpisli4'14$1'Vif8v,InSilbMoGla
ryithil%". 19 419, wr*'will Ufj tb DII¥IIW(t l!1Q&è I￿9￿111n1 fil.ryfitsnshlij$ whlle 0180
I&1￿ ndiit. fvwwlll expl,?dna fV￿￿MIng wroartbi Rknif i￿.$m9
¥Fnerati¥lQ.' a￿.1￿¥11￿￿ Ihfou¢JhULilldiThg doriorrol&lion$blp& trurlx apd lourd411￿11•￿rj
ei)ar&19p¥(¢nthlili>$.
Page 16

DYS Space Limitsd
Principal Risks
A 8tNlegl¢ rl$k r891$1gr Is owned and rgvlewed by th¥ Board quarterly.
Rlsk Area
Rlsk
Mltlgallon
Ensuring Ihal prlorllles are clear and Ih81
8UPPOrt Is offered to Iho8e $t8ff who are
findlng the Iran61tlon dlffw#Jli
Opefallonal
In the nèw slructure Staff may
feel new pre$$ures leading to
btjrrwul or dlssail$fa¢llon
Re￿￿￿tment of quallfied
slaffing
Work wllh partnerslo'8pon$ol a youlh
work appientlce. Ensure Inducllon and
tralnlng 8chemes ale robust
Malntaln c108e rel8llon8hlpG wlth
commlssloners
Swllch 8uppll•i$. Improve hab1181
eon8umpllon
Flnanclal
L088 of c¢ntr4ct8 Inllatlon and
C08t of Ilvlng
Cfv•r rellance on publk 8e¢t¢X
conlrgcI¥
Grow aliernallve Inecme 8lre•m8
Lack of fundralslng Income
Implement fundral¥lng plan8, work whh
funders. appty io charltable Iru818 where
epproprlal¥
En8uie Inducllon and ir8lnlng18 made
avalloblg
Governance &
Compllan
Relallvely new board In lome
P0911ions
External
Poliiical & LA dlrecllon
Malntaln good relallon8hlp8 wlth eleeled
m•mbers, MPS and Commlssloner8.
Page 17

DYS Space Limited
Funding
As g publlo s•rvle• mutual our r•lotlon8hlp wlth our publl¢se¢torparlner81& Important to Us,
and vli81 to enabllng usto oarry Qui much ofovr woth. We are entertng the Sth yeaf of a 5
yearcontract wlth DCC to provld• 8grvlc•8 for young people. We Iw• Io 8e¢ui• the rb•Xt
¢ontrAct ond conllnue to dellveriho gxcellenl wrvlces we pvesent Inth18 ieport.
W• are also •nt•rfngihe l•sl year of 3 forth• Office of Polke Crlm• Comm1881oner. W¢ wlll
aontlnue to lead the pJrtner8hlp 8er088 Ihe 80Uth wesl penlnsulg olihe UK reduclng
antl-80cl•l bqh&vlour and glvlng young people acce89 lo Ngh qualllyyouth woik.
An Income Btrategy 58 drawn up for 2024125 to owtjble us lo glow now Incorn• 81re•m•
through buildlrvJ ifj14tion¥hlw wllh more Irusts foundallong.
Ovqrall theChErlty i tradlng defi¢li of £706,620120fJ: £761,664 d•ficlt} through118
ch•rft•ble andtiadng •cllvltl•$.
Space eonllnue81o wort( on longer lemi Proj￿18 l.e. Ihp OPCC ASB Outregch woJo¢1. Oiher
?hort leim prolec14 for•xarnple. CYP- In Rea¢h and Ottery Sl Mary SLA h4ve been extended
and contlnued for 2023124, Su¥191￿bIlItY of prolect fundlng 1$ Improved by the80
development6.
SEND and LGBTQ WO￿ sèparately funded contlnuej lo expand 8UPPOrt In ihe9• a￿al a¢ro88
Devon.
Durlng 2023124 Ineome Increa8ed 8ltghtlyby 0.4% frt>m £3.058m lo £3,071m, •lihough Our
Core conliact with DCC IncweaBed by &7% Irom £1.867m to £1,973m 28 per the cimtract.
Ttadlng Inoome from our oltomatlve prov181Dn Bchool, Chances reduced by 17.5% Irom 355k
to £293k113% r4ductlon In 20221231. SI•pg hav• b4•n laken to SncTea8o Income In th•
2024125 budget at tha polnl ol wrlilng thlB Is bèlng ¥chleved.
Totsl Olhw Inoomt (Includlng Ch￿ce8) redueed Bltohtly by1.2% from £511 k w £502k due
10 Ihe aforwnenlloned reductlon In Chanee8 Income, whllsi l•ltlng8 Incom ho8 Sncreasèd
by £14k In 2023124 and the Incomo gen¢roted by ow Educallonal &*pport Servlce9 (ESSI by
È43k. ESS IB an outreach tr)dln9 arm whlch work$ wllhln Schools to 8UPPOrt pupll8 al rlBkof
exclu81on or r•qulrtng &UPPOTt wbth w8llb•ing.
Exp•ndllur• ho8 r￿Uc9d by 8% from £4.105m lo £3.778m {10.5 % In¢reaB• In 2022123). C￿T
owe opeiailng oosts hgve reduced prtma￿￿ In 81alf co$1$ (£116k) and prolecl expendltu
(£72k} alihough th1$ Is reflected In the reducllon of as8oel&ted Income,The￿ h8ve a180 be•n
an In￿ea￿e due lo utllily and fuel c(Jst& (£30k)
The penslon lund gèneratéd a not goln In the year ¢)f £402.000 (2023.. net galn of
£3.133,000>. Incr•aglng lh• pengton fund at th• yoar end to È251(KJO {2023: £144.000
Ll8bllily).
801gn¢e Sheet 088•18 Qf £314.442 as ai 31 March 202412023.. £619.062),
TNS Is alter the benefr( lor the Defingd Bendit Pen31on Scheme 01 £252.000 (2023:
Page 18

DYS Space Limited
£144,000 Llability).
Ch8nge8 In the finanelal markets have beenthe eau8e of the Slgnlficant changeto the
valuations used lor the Dèfined Benefit Pension Scheme ie8uliing In an Increase In the
benefit for2023124.
Astheacluarlal assumptlons can vary slgnificantly ye4r on year (ln partlcular the dlscounl
rale). thellablllty iefle¢l8 a snopshot at the period end. Empltsyercontvlbullon8 arq
detemilned by 8 trl. Annual valuatlon of ihe 6cheme.
A thank you to all our funders, partners and
supporters
Chlldren In Neod {CIN X.plorè Okehampton). Chlldren In Need fundlng lor Okehampton
X-ploig ILG8TQI group
Mld D•von PCN- c￿lM Vall•y. Prov18kn1 of a youth worker lor12 hr8 per w••k for 8ocl81
prescrlblng In the Culm Valley
Northbmokcomrnunlty TNJt. Piovlglon of g SEND youth club oeB¥ton Tlverton for 3
year8
SWAN (Safety of Wom¢n Al Nlghi)- Safely of Women al Nlghl r•B•arch wolecl
DCC (&onomy & Skill$ T•am) Flylng gtart- Enlrepieneurlal and iech gUPPOrt lor 4ddlllonal
ploleot al 3 youlh clubs In Devon ov•r an 18 month perlod
UKYouth - Aotlv• Youth. Encouraot young peopl£ to tAke up phy81c81 acllvlly for o perlod
of Ilm• and me88wg of 6usl8lned phy6lc418ellvlty a8 • re8uII
DCF Soclal pr•8erlblng (Comwminlly Conn•clor8). Provhlon of youth woikor8 <1.8FTE} for
8od81 pr•8crlblng In the Ex•l¢r &re4
OPCC- ASB Y¢uth 04rtr•a¢h. Penlniula wlde outreach work wllh p¥ttn•r organlgatlons over
3 year peilod
Exèter IthIver8liy- Montal H•ahh P•dea8t•- focllllale fe8e8f¢h Into a number of toplc8 and
cl￿1& podca518 ofihe learnlng for u8e forolhers worklng wbth young people
Exmouth Rotary Club. a donatbn towards Ihe Exmouth ￿Ulh centre8ummerprogramme
Page 19

DYS Space Limitsd
0tt8ry St Mary SLA- SLA forthe provl8lon 012 nlghts perweek and 80me tarwed workvAth
ywng ￿0p18 In O¢lery St Mary
T*nbrldgg & South Ham¥ Pollc•-Summw programme- fundlng iowards resource4trlps
foryoung people Sn Newkn Abbot
T•lgnbrldg• DC- S4f•rSpac•¥, Safer Pla¢••- a partnèr8hlp gppioach to educatkng young
peopleabout hamiful Sexual behavlour8 In the Telgnbrfdge art8
Yow D•von- CYP In Reach Dlgcharye Support- suppori loryoung people In hfAplial lor
lorgér term 8tsy8 and Sn preparatlon for dlseh8rgp In Exeter
Bam$tapl• In Bloom" gArd•n r•d•slgn and upk•ep
Ilomwn Fanlly Ch•rft•bl•TTu•t. Summer programme
Ok•h•mplon Vnlt•d c￿￿tI•$- Multiple fundlng support
John Lewls Coup• Partn•r•hlp- Communlty 8upport
On• Stop- 100 Club Summer Re81dentlal
Safè South Wegt. Bldelord boat race
Financial Review
Going Concern
Thg Board ha8 congldei•d the budg•l for Ihg perlod 10 31 March 2026. Th18 Includes the
8tabiliiyof an exl•n$lon toour DCC contract for1 year •ndlng 31st Mareh 202& Thlg
contract ha9 been awarded a 2.5% w>lllt in 25126.
Glven Ihe8?cDllBldeiallons, ihe Boa￿ feels DYS Space Lld18 4 goln9 concern forthe
fwesevable future,lo Includ¢ a peflod of 12 monlhg followlng Ihe slgnlng of iho occounls lo
the ye•r ended 31 March 2025.
Page 20

DYS Space Limited
Reserves Policy
Our policy for holdlng reseThes takes Into account boih Accounllng and Reportlng by
Ch*rltlès'. Slatement ofReeommended Pla￿lce IFRS 1021 and ihe guldancè Igsued by th•
Charltlés Commlsslon In CC19: Ch8rlty Reservè8'. Buildlng Re$lll¢nee.
DYS Spaee hold8 reserve8 In ordertw.
Set aslde fund$ for apeclfic puipo8es to fwlherthe developm•nt o(the or9•nlsallon
(£80.000)
Preparè lor any unfore8een Ilabllitle8 whl¢h may occur In ihe futur•
En8ur• ￿ hav• r08erve8 to meet the Board8 re8erve¥ PON
Th1$ y¢arlho Board h•8 l•vl￿ed and 4ppiov•d a new ReBeive8 Polleywhl¢h provld•s for
Unreslrfctqd Reserve8 0125% olour turnover. Foi 2023124 th18 would b• £775A)OD.
Unmstilcted R•serves * 31st Mwch 2024 ore £62,442 {$eo *Jmmary of l￿d8 tabl•)
Our Reserves Br•held largèly In c88h wilh onty £13.390 of unrt3lrlcled re¥eryes being
repre8ented bytanglble 8$$el$.
The Re8erve¥ held al the y•aTrond amounted to r314,44212023..£619.0621 of whkh
£252,000 were represenled by the Penslon ReseNe leovlng £62,442 01 unre8trlcl8d re8erve8
The yegl gnd pggltlon h98 prompted 4 revlew of our policylo Include explorallon of Ilab111119S
fow stalfing wllh muliipl8 Bcenar108 belng consldeied.
RESERVES AS AT 31 MARCH 2024
2023
Unreslrl¢led Fund8
£62,442
£340,365
£192,677
Re8tiSoled Fund8
C8pltal Rèplaeèmenl ResoN&
Investment In Chances
£30,000
£so.000
Gen8ral Ifofjngrfy SirJt•glcl
Reswv•
£150,000
Penslon F￿d
£262,000
(É14411001
TQTAL
£314,442
£619.062
Page 21

DYS Space Limited
NET AssErs
2024
2023
Tanglble Flxed Axsels
Ca8h and ca8h equ6valents
Other Net Curtent Llabilitles
£13,390
£259.763
£41,289
£314,442
£23.475
£794,676
1£199,089}
E619,W)2
TOTAL
Summary of Funds:
FtJNDS AS AT 31 MARCH
2024
2023
Unie$lrl¢ted Fund3
£62,442
É570.3e5
£192,677
1£199.089)
£763,062
Raililoted Fund#
Other Nel Curient Llablliu•$
FUNDS BEFORE PENSION
DEFICIT
£62,442
Peng1o¥Tr Reserve
É252,OUO
£314,442
<£144,000)
£619,t162
TOTAL
Page 22

DYS Space Limited
Independent Auditor's Report to the Members of DYS Space Limitsd
Oplnlon
Wé have audited the financlal statements of DYS Space Llmlted (the 'charity') for the year endèd 31
March 2024, whlth Comprise the Statement of Financlal Acllvities, Balance Sheet, Statement of Cash
Flows, and Notes to th8 Financlal Statements, including a summary of significant accounting policies.
The financial reporting framework that has been applied in their preparation is United Kingdom
Accounting Standards, comprising Charities SORP - FRS 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ir81and' and applicable law (United Kingdom Generally Accepted
Accounling Practice).
In our oplnlon the financlal slatements:
glve 8 true and frdlr vlew of the slate of the charily's affairs 88 at 31 March 2024 and of Ils incomlng
resources and application of resources, includlng Its Income and expenditure, for the year then
ended.,
have been propedy prepared In accordance wlth Unlted Klngdom G8ner8lly Accepted Accountlng
Practl¢e', and
hav8 b8en prepared in accordance wlth the requirements of the Companies Act 2006.
Basis for oplnlon
We conducted our audlt In accordanc8 wlth International Standards on Audltlng (UK) {ISAs (UK)) and
applicable law. Our responslbilllles under those standards are further descrfbed In the audllor
responslbllitles for the audlt of the financial st8temenls sectlon of our report. We 8re independent of
the charlty In accordan￿ with the elhlcal requirements that are relevant to our audlt of the linanclal
stalemenis In the UK, Includlng the FRC'S Ethlcal Standard, and we have fulfllled our other ethlcal
responslbllltles In accordance wlth these requlremenis, We belleve that the audlt evldence we have
obtained Is sufficlenl and approprlate to provld8 a basis for our opinlon.
ConcluBlon8 ralatlng to golng concorn
In auditing thg financlal statements, we have concluded that the trustees use of the golng concern
basis of accountlng In the preparation of the flnancial statemenls is approprlate.
Based on the work we have performed, we have not Identified any malerial uncertalntles relating to
8vents or conditions that, Indlvidually or collectlvely, may cast significant doubt on the charity's ability
lo continue as 8 going con￿rn for a peric#J of at least ￿e1ve months from when the original financial
st8laments w&re authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern ar8
described in the relevanl sections of Ihis report.
othér Inform8tlon
The twstees are respon51ble for the oiher information. The other Snformation compris85 the
Informalion included In the annual report, other than the financial statements and our auditorfs report
thereon. Our oplnion on the financial statements doe5 not cover the other Information and, except to
the extent othetwise explicitly staled in aur report, we do not express any form of assurance
condu5ion thereon.
Page 23

DYS Spaca Limited
Indepondant Auditor's Report to the Members of DYS Space Limitad
In connection with our audit of the financial statements, our responsibility is to read the other
Information and, in dolng so. consider whether the oiher information is rnaterially incon51stent wlth the
financial statements or our knowledge obtalned in the audit or otherwise appears to be materially
misstated. If we identify such material inconslslencies or apparent malerlal misstatements, we are
required lo determine whether there is a materlal misslalement In Ihe flnanclal statements or a
material misstatement of the other Information. If, based on the work we have performed, we conclude
that there Is a material misstatemenl of this other Informatlon, we are requlred to report that faGL
We have noihing to report in this r8gard.
Opinlon on other matter prescribed by the Companles Act 2006
In our opinion, based on the work undertaken In the course of the 8udit:
the inf0m￿tion given in th8 Trustees, Report for the flnancial year for which the financlal
Statements are prepared is consistent wlth Ihe financlal statements. and
the Trustees, Report has b88n prepared in 8ccordanc8 wlth appllcable legal requirements.
Matters on whlch we are requlred to report by exc8Ptlon
In the light of our knowledge and understanding of the charity and Ils envlronment obtalned In Ihe
course of the audll, we have nol Idenllfied materlal misststements In the Trustees, Report.
We have nothing to report In respect of the followlng matters where the Companies Act 2006 requlres
US to report to you if, In our opln50n:
adequate accountlng records have not been kept, or returns adequate for our audit have not been
received from branches nol vlslted by us., or
the financlal staternenls are not in agreement with the accounling records and returns., or
certain disclosures of trustees rernuner8lion specified by law are not made,. or
we have not re￿IVed all the information and explanallons we rÈqulrÈ for our audit.
Responslbllities of trustees
As explained more fulty In the Statement of trustees, responslbllltle8 (8et out on page 2), the truslees
are responslble for the preparalion of the financial statements and for b8lng satisflèd Ihal they giv8 a
true and fair vlew, and for such Internal control as the trustees delermlne Is necèssary to enable the
pieparation of financlal statem8nts thal ar8 free from matgrial mi5Statement, whether due lo fraud or
error.
In preparlng the financlal slat8ments. th8 trustges are re5ponslble for assesslng the charity's ablllty to
conlinug 85 a going concern. discloslng, as applicable, mat19rs relaled lo golng concern and using the
going conc8rn basis of accounting unless the tnjslees either intend lo liquidale the charity or to cease
operations, or have no reallstfjc allernallve bul to do so.
Auditor responslbilitiè8 for the audit of the financial statements
Our objectlves are to oblaln reasonable assurance about wheiher the financial statements as a whole
are free trom material misstatement, whether due to fraud or error, and to issue an auditor's reporl
that includes our opinion. Reasonable assurance Is A hlgh level of assurance, but is not a guarantee
that an audit conducted in accordance wlth ISAS {UKI wlll always detect a material misstatement
when It exists. Misstatements can arlse from fraud or erior and are considered material If, Individually
or In the aggregate, they could reasonably be expected to Influenc8 the economic decisions of users
taken on the basis of th858 financial ststements.
Page 24

DYS Space Limited
Independent Auditor's Report to the Members of DYS Space Limitsd
The extent to whlch our procedures are Gapable of detecting irregularities, including fraud is detailed
below:
We identified areas of laws and regulallons thal could reasonably be expected to have a malerial
effect on the financial statements from our general commercial and sector experience and through
dlscussion with the Truslees and other management. We communicated identified laws and
regulations throughout our team and remained alert to any indlcalions of non-compliance
throughout the audlt.
The charlty are sublect to laws and regulations that govem the preparation of the financial
statements, includlng flnanclal reporting 18gislalion. The charity are also subject to other laws and
regulatlons where the consequences of non-compliance could have a
materlal impact on the amounts or disclosures within the financial statemenis, including Ofsted,
ernployrnent, anti-bribery and anti-money laundering regulations,
Owlng to the Inherent limltats'ons of an audil, there is an unavoidable risk that we may not have
detecled some material misstatements in the financial Statements, even though we have properly
planned and performed our audit in accordance with audStlng slandards. In any audit, there
remains a higher rlsk of non-detectlon of Irregularities, as these may involve collusion, forgery,
in18nlional omissions, misrepresentatlons, or the override of Intemal controls. We are nol
responsible for preventlng non-compllance and c8nnot be expected to detect non-compliance with
all laws and regulatlons.
Use of our roport
This report is made solely to the charllable company's truslee8, as a body, In accordance with
Chapter 3 of Part 16 of the Companies Act 2006. Our audlt work has been undertaken so that we
might state to the Gharily's trustees those matters we are requlred to state to them In an audSlor's
report and for no other purpose. To the fullest exlent permltted by law. we do not accept or assume
responsibility to anyone other than the charitable company and Irusl6e5 as a body, for our audil
work, for thls report, or for the oplnlons we have formed.
CSLUS L Ll
Adam Croney ACA (Senlor Slatutory Auditor)
For and on behalf of Westcotts ISW) LLP, Statutory Audltor
Plym House
3 Longbridge Road
Plymouth
Marsh Mllls
Devon
PL6 8LT
Page 25

DYS Space Limited
Statsment of Financial Activities for the Year Ended 31 March 2024
{Includlng Income and Expenditure Account and Statement of Total
Recognised Gains and Losses)
Unrestrlctsd Restricted
funds
funds
Penslon
funds
Total
2024
Total
2023
Nots
Income and Endowments from:
Donatlons and legaoles
Charitab18 activities
other tradlng act6vllles
Inv8Stmpnt income
3,534
2,083,646
501,679
8,464
3,534
2,557,670
501,679
8.464
8,983
2.636,464
510,962
2,533
474,024
Total income
2.597,323
474,024
3,071,347
3,058,942
Expendllur8 on:
Raising ftJnd5
Charitable activitl8s
19,0021
3.096 264
(9,002)
3,768,965
(11,751)
(4.092,855)
3,105,266) 13,777,967) (4,104,606)
666,701
6,000
(666,701
s,0001
Total expenditure
N8t expenditure
other rècognl8ed
galn8 and losses
Actuarial gains on
deft'ned benefit pensk)n
schemes
{507,9431 1192,677)
(6,000)
{706,820) (1,045,884)
17
402,000
402,000
3,133,000
Net movement In ftjnds
(507,9431 (192,677)
396,000
(304.620) 2,087,336
Reconcillatlon of fund8
Total funds brought
forward
570,385
192,677
(144,000
619,C62
1,468.274
Total funds carrled
fO￿ard
18
82,442
252 000
314,442
619.062
All of the charlty's actlvlties derlve from conlinulng operations durlng the above porlods.
The funds breakdown for 2023 is shown in note 18.
The notes on pages 29 to So form gn integral part of these financial statements.
Page 26

DYS Space Limited
(Registration number: 10229618)
Balance Sheet as at 31 March 2024
2024
2023
Note
Fixed assets
Tangible assets
13
13,390
23,475
Current assets
Debtors
Cash at bank and In hand
14
800,725
259.763
1,060,488
950,430
794,677
1,745.107
1005,520
Crodltors: Amounls falllng due wlthin one year
Net current assets
15
1,011.436
49,052
739,587
Net assets excludlng penslon Ilablllty
Penslon scheme Ilablllty
62,442
252,000
314442
763,062
144,000
17
Net asset8 Includlng penslon Ilablllty
Fund8 of tha charlty:
619,062
Restrlct8d Income funds
Restricted funds
192,677
Unrestricted Income funds
Unrestricted funds
62,442
252.000
570,385
Penslon funds
144,000
619,062
Total funds
18
314,442
The financial statements on pages 26 to 50 were approved by the trustees, and authorised for issue
on .i.Z/.i.i.l.z+ and signed on their behalf by-
Daniel Barton
Twstee
The notes on pages 29 to 50 form an integral part of these financial statements.
Page 27

DYS Space Limited
statement of Cash Flows for the Year Endod 31 March 2024
2024
2023
Note
Cash Ilows from oporatlng a¢tlvltle$
Nel cash expenditure
Adjustments to cash flov￿ from non-cash Item6
Depreclallon
Investrnent incoff
N&t defined beneflt penslon costs
(706,620)
{1,045,664)
14,359
(8,464)
6,000
(694,725)
14.691
{2,533)
284,000
(749,506}
Worklng capltal adJustrnents
Decrease In debtors
Increase In creditors
14
15
149,705
5,916
438,650
152,585
Net cash flows from operating activities
Cash flow8 from Investlng actlvltles
Inleresl receivable and 8imllar Income
Purchase of tanglble fixed assets
Net cash flows from investing activitles
Net decrease in cash and cash equivalents
Cash and cash equlvalents at 1 Apdl
Cash and cash equlvalents at 31 March
1539,104
158,271
8,464
4,274
2,533
19.496
13
116,963
{534,914)
794.877
(175,2341
969,911
259,763
794,677
All of the c8sh fiows ar8 derived from contlnulng operallons during the above kn periods.
The notes on pages 29 to 50 fomi an Integral part of these financial statements.
Page 28

DYS Space Limltod
Notes to the Financial Statements for the Year Ended 31 March 2024
1 Charlty stalus
The charfty Is Ilmited by guarantee. incorporated in England and Wales, and consequenlly does not
have share capltal. Each of the trustees is liable to contTtbute an amount not exceeding £1 towards
the assets of the charity In the event of liquidation.
The addr955 of ils registered offic8 Is..
100 Club
Wear Barton Road
Exeter
EX2 7EH
2 Accounting polici85
Summary of 8lgnlflcant accountlng pollci8& and kay accountlng 88tlmat08
The principal accounting pollcies applied in the preparation of these financial 5tatemenis are sét out
below. These policies have been consistently applied to all the years presented, unless Othe￿Ise
stated.
Statsment of eompllance
The financial statements have been prepared In accordancé wlth Accounllng and Reporting by
Charities: Statement of Recommended Praclice (appllcable to charltle5 preparing their accounts in
accord8nce with the Financl31 Reportlng Standard appllcable in tho UK and R8public of Ir8land IFRS
102)) (issued In October 20191 (Charltles SORP {FRS 1021), the Flnancial Reporting Standard
applicable in the UK and Republlc of Ireland (FRS 102) and the Companies Act 2006.
Basis of prèparation
DYS Space Limited meets the definillon of a public benefit entily under FRS 102. Assets and liabilili8S
are initially recognised at historical cost or transactlon value unless otheMi88 ststed in the relevant
accounting pollcy notes.
Golng concern
The trustees conslder that there are no material unc8rlainties about the charity's ability lo continue as
a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by
the charity.
Page 29

DYS Space Llmlted
Notes to the Ffnancial Statemants for the Year Ended 31 March 2024
Judgements
In appllcation of the charitable company's accounling pollcies, the Trustees are required to make
Judgements, estimates and assumptlons about the carrylng value of assels and liabilities that are no
readily apparent from other sourGes. The estimates and associated assumptions are based on
historical eviden￿ and other factors that are consSder8d to be relevant. Actual results may differ from
these estimates.
The estimates and undedying assumptlons are reviewed on an ongoing basis. R8visions to
accountlng estimates are recognlsed in the period in which th8 estimate is revised, if that rèvlslon
affects onty that perk)d. If the revised estimate affects the period of revision and future periods, both
current and future perlods are revlsed.
The present value of the Local Govammenl Pension Scherne definad benefit Ilabllity depends on 8
number of factors that are detemiined on an actuarial basis uslng a varlety of assumptlons. The
assumptions used In determining the net cost (income) for pensions Include the discount rate. Any
changes in these assumptions, which are disclosed in the notes, will impact the carrylng amounl of
the pension liability
Income and endowments
All income Is recognisod onc8 the charity has enti118ment to the income, il is probable that the In￿me
wlll be r8cÈlved and the amount of the incom8 r8C8ivab18 can be m8asur8d rellably.
Donatlons and1ogacl•s
Donatlons are recognlsed when the charlly has been notlfied Sn wrlting of both th8 amount and
selllement date. In the event that a donallon Is sublecl to conditions that require a level of
P8rfonnance by the charity before the charity is entlued to the funds, the Income Is deferred and not
recognised unbl ellher those condltions are fully met, or Ihe fulfilment of those conditions is wholly
wilhin the control of the charity and It 58 probable that Ihe8e condillons wlll be fulfilled in the reporting
period.
Def8rred Income
Deferred incom8 represents amounts received for future perlods and Is released lo Incoming
resources in Ihe period for whlch, It h88 bèèn recelved. Such Incomè Is only daferred when:
- The donor specifi8S thal the grant or donation must onty be used In future accounting periods. or
Th& donor has imposed condltions whlch must be met before the charfty has unconditional
enlitlement.
Investment Income
Dividends are recognised once the dividend has been declared and notification has been received of
the dividend due.
Page 30

DYS Space Limited
Notes to the Flnancial Statements for the Year Ended 31 March 2024
Expendtture
All expenditure is recognised On￿ there is a legal or construcllve obligation io that expenditure, il is
probable settlement is required and the amount can be measured reliably, All costs are allocated lo
the applicable expenditure heading ihat aggregate similar costs to that category. Where costs cannot
be direcuy allributed to particular headlngs they have been allocated on a basis consislent wlth the
usè of resources, wlth central staff costs allocated on the basis of time spent, and depreciation
charges allocaied on the portlon of the asset's use. Other support costs are allo¢at&d based on the
spread of staff costs.
Ralslng funds
These are costs Incurred In atlractlng voluntary Income, the managemenl of Snvestments and those
Incurred In tr8dlng actlvltles that relse funds.
Charltable actlvltles
Charliable expendllure cornprise8 those costB Incurred by the charity in Ihe dgllvery of its activities
8nd seNlces for Its beneficlarle5. It includes both costs that can be allo¢aled directly to such activities
and Ihose costs of an Indirect nature necessary to support th8m.
Taxatlon
The charity Is consIde￿d to pass Ihe tests sel out In Paragraph 1 Schedule 6 of the FInan￿ Act 2010
8nd therefore It meets the definitlon of a charitable company for UK corporallon tax purposes.
Accordlngly, the charily Is potentlally exempt from taxallon In respect of Income or capttal gains
re￿IVed withln calegorles covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section
256 of the Taxatlon of Chargeable Galns Act 1992, to the extent that such Income or gains are
8pplled exduslvely to charltable purposes.
Tangible fixed assets
Individual fixed assets costlng £500.00 or more are inltlally recorded 81 cost, less any subsequent
aecumulat8d d8praclatlon and subsequent accumulated Impairment losses.
Depreclallon and amortlsatlon
Depreciation Is provided on tanglble fixed assets 80 a5 to write off the Cost or valuation, less any
eslimat8d residual value, over their 8XP&Ct8d useful 8conomic life as follows..
Asset class
FixlureB and fitlings
Qff1¢8 equipment
Deproclatlon method and rate
20% stralght line
33% slraight line
Cash and cash aqulval8nts
Cash and cash equivalents comprise cash on hand and call deposlts, and other shorl-term highly
Ilquid Investments that are readily convertible to 8 known amount of cash and are subject lo an
Insignlficant risk of change In valué.
Page 31

DYS Space Limited
Notes to the Financial Statem&nts for the Year Ended 31 March 2024
Borrowlngs
Inierest-bearing borrowings are initially r8cord8d at fair value, n81 of transaclion costs.
Inlerest-bearing borrowings are subsequenlty carried at amortised cost, with Ihe dlfference between
the proGeeds, net ol transaction costs. and the amount due on redemption being recognised as a
charge to the Slatement of Flnanclal Aclivllles over Ihe period of the relevant borrowing.
Interest expense is recognlsed on the bas]8 of the effectlve interest m8thod and is included In Intsrest
payable and similar tharges.
Borrowings are classified as ¢urrent liabilities unless the charlty has an unconditional rlght trj defer
seltlement of the liability for at least twelve months after the rewrting date.
Fund structure
Unraslrloted income funds are génèral fundÈ that arè avallable for use at the truslees discretion In
furthéran￿ of the objectives of the charlty.
RestrScted income funds are those donated for use in a parilcular area or for speolfic purposes, the
use of which Is reslrlcled lo that area or purpose.
Hlre purchasg and flnance1oa8e8
Rents payable under operating leases are charged on a straight line basls over the temis of the18ase.
The Charlty does nol currently procure servlces under finance lease arrangements.
Page 32

DYS Space Limited
Notes to the Financial Statoments for tho Year Ended 31 March 2024
Pensions and other post retsrement obllgatlons
Retirement benefiis to employees of the Charity are provlded by the Teachers, Pension Scheme
{TPS') and the Local Governmant Penslon Scheme {'LGPS'). These are defined benefi't schemes and
the assets are held separately from those of the Charity. TPT provide a defined contribullon scheme
for non-teaching staff and those llot eligibl8 for th8 LGPS.
The TPS is an unfund8d scheme and contributlons are calculaled so as io spread the ¢ost of
pensions over employees, working lives with the Charity in such a way that the pension cost is a
substantially level percentage of current and future pensionab18 payroll. The contributions are
determined by the Government Actuaiy on the basis of quadrennial valualions using a prospective
unit credit method. As staled In the notes to the financial statements, the TPS Is a multi-employer
scheme and there Is Insufflcient informatlon avallable to use defined benefit accounting. The TPS is
therefore treated as 8 dofined conlrlbution scheme for accounting purp)ses and the contributions
recogni8ed in the period to which they r8late.
Thè LGPS is 8 funded scheme and the assets are held separately from those of th8 Charily in
separate trustee admlnistered funds. Pension scheme assels are measured at fair value and liabilities
8re measured on an acluaTial basis using the projected unit credit method arbd discounted at a rate
equivalent lo the current rate of return on a high quality corporate bond ol equivalent term and
currency to the liabillties. The actuarial valuations are obtained at least triennially and are updated at
each balance sheet date,
The amounts charged to operatlng 8urplus are the current serv1￿ costs and the costs of scheme
introductions, benefit changes, settlements and curtallments. They are Included as part of staff costs
as incurred. Net interest on lh8 nel defined benefit liabilitylasset is also recognised In the Statement of
Financial Actlvitles and comprises the interest cost on the defined benefit obligation and Interest
Incorne on the scheme assets, calculated by multiplying the fair value of the scheme assets at the
beginning of the perlod by the rate used lo discount the benefit obllgatlons. The difference be￿een
the Interest income on the scheme assets and the actual return on the scheme assels is reGognised in
other recognised gains and losses.
Actuarial gains and losses are recognised immediately in other recognised gain5 and10sses.
3 Incomè from donatlon8 and legacles
Unrestrlcted
funds
Gonaral
Tolal
2024
Donations from indivlduals
3,534
3,534
3,534
3.534
Unrestrlcted
funds
General
Restrfctod
fund8
Total
2023
Donalions frorn indlviduals
5,483
3,500
8,983
5,483
3,500
8,983
Page 33

DYS Space Llmited
Notes to the Financial Statamants for the Year Ended 31 March 2024
4 Income from charitable actlvlties
Unrestrictsd
funds
General
Re6trlcted
funds
Total
2024
Project Incom8
Turning corners
AYCH Income
Trip Income
Duke of Edinburgh
DC Core Contracl IncomÈ
83,929
466,226
13,090
{5,2921
550,155
13.090
{5,292)
4,142
22,574
1,973,001
2,557,670
4,142
22,574
1,973,001
2,083,646
474,024
Unr8strlctod
funds
General
Restrlcted
funds
Total
2023
Project Income
DCF Soclal Prescribing
Turning corners
AYCH Income
Membershlp Subsoriptlons
Trip incomg
Duke of Edinburgh
DC Core Contract Income
111,268
2,382
359,697
57,888
84,099
470,965
60,250
84,099
27,356
2,071
2,928
22,075
1,866,720
2 536,464
27,356
2.071
2.928
22.075
1,866,720
2,034,800
501,664
6 Income from othertradlng actlvltles
Unrestrfcted
funds
General
Total
2024
Total
2023
Tuck shop Income
Duke of Edlnburgh
Chancès Income
Educatlonal serv1￿8 Support (ESS)
Lettlngs Income
Other tradlng Income
7,680
7,680
9.714
2,950
355,361
84,278
49,442
9,217
510,962
293,039
127,362
63,852
9,746
501,679
293,039
127,362
63,852
9,746
501,679
Page 34

DYS Space Limited
Notes to the Financial Statements for the Year Ended 31 March 2024
6 Investment Incoma
Unroslricted
funds
General
Total
2024
Total
2023
Interest receivable on bank deposlts
8,464
2.533
7 Expondltur8 on ralsrng funds
Unrestrlcted
funds
General
Total
2024
Total
2023
Duke of Edinburgh
Tuck shop purchases
4,044
4,958
4,044
4,958
3,418
8,333
9,002
8 Expènditure on charltabla actlvltlas
Total
2024
Tolal
2023
Wages and salaries
Social securlty costs
Pension costs
Support to VCS providers
Trustees fees
Recrultmenl
staff trainlng
Projéct speclfic expendlture
Hub expenses
Grant speclfi¢ éxpenditure
Transport and fuel
Markellng and fundraising
Small grant fund
AYCH expenditure
Sundry expenses
Irrecoverable VAT
Rent
Rates
2,426,692
197,570
238,734
39,433
105
10,329
16,764
168,379
15,117
3.155
39,358
5,352
89,296
13,942
13,080
5,691
35,118
9,767
2,289.482
191,599
498.244
34,715
14.594
33,045
340,020
22,151
4,209
41,279
6,192
104,387
734
5,767
25,346
20,298
14,135
Page 35

DYS Space Llmited
Notes to the Flnanclal Statements for the Year Ended 31 March 2024
Total
2024
Total
2023
Llghl, heal end power
Insuran
Repairs and malntenance
Cleanlng
Bulldlng repalrs
Pension b<)nd
Phone and inlernet
Computsr softsvare and maintenance costs
Printing, postage and 8tallonery
Accountancy f88S
Legal and professional fees
Bank charg6S
Depr8clatlon of fixtures and fittings
99,471
20,156
64.097
95.290
11,752
23.404
26,236
25,827
8,565
20,963
29,984
968
14,370
3,768,965
69.523
18,508
51,870
87,445
70,939
19,382
25,023
38,087
9,068
6,917
34,135
1,070
14,691
4,092,855
Unrestrlcted
fund5
General
ReBtricted
funds
PensSon
funds
Total
funds
Total for 2024
3,096.264
666.701
6,000
284,000
3,788,985
4,092.855
Total for 2023
3,177,008
631,847
Page 36

DYS Space Limited
Notes to the Financial Statements for the Year Ended 31 March 2024
9 Net Incomlngloutgolng resources
Net outgoing iesources for the year include:
2024
2023
Audlt fees
other non-audit services
D8preciation of fixed assets
9,750
4,250
14.359
6,917
1,156
14,691
10 Tru8t8e8 remuneratlon and expen868
£258 (2023: £48) was relmbursed to trustees for transport expenses in the period.
The value of Trustee's remuneratlon and other b&neffts was as follows:
Kevln Henman {Staff Trustee)..
R8munerallon £5,0000 - £10,00012023: £70,000 - £75,000)
Empk)yer's pension contribukn'ons: £0- £5,000 (2023.. £10,000 - £15,000}
Carollne Down (Staff Truslee)-
Remuneiallon £20,000 - £25,000 {2023". £25,000 - £30,000)
Employer's pensron contribution8: £0 - £5.00012023'. £0 - £5,000)
Dan King {Stalf Trusleel..
Remuneratlon £0 (2023.. £10,000- £15,000)
Employer's p9nsion conlributlons: £0 (2023: £0 - £5,000)
Cecilia Kokobu (Staff Trusteel..
Remuneration £25,000 - £30,000 (2023.. £0- £5,000)
Employees pension conlributlons.. £0 - £5,000 (2023: £0 - £5,000)
Danlel Barton (Staff Trustee)..
Remuner811on £15.OCrf) - £20,00012023: Nol 8 trustee)
Employe¢s penslon contrlbutlons £0 - £5,000 (2023,. Not a trustae)
11 Stsff c08tB
The aggregate payroll c08ts were as follow8",
2024
2023
staff costs durlng the year were:
Wages and salaries
Soclal securlty costs
Pension costs
2,426,692
197,670
238,734
2,289,482
1g1,599
498,244
2.862,996
2,979,325
Page 37

DYS Space Llmited
Notes to the Financial Ststsments for the Year Ended 31 March 2024
The monthly average number of persons (Including senior management I leadershlp tsam) employed
by thg chatity during ihe year wa5 as follows..
2024
2023
Total
80
82
The number of employees whose emoluments fell wllhin the followlng bands was:
2024
No
2023
No
£60,001- £70.000
The total employee benefits of the key management personnel of the charlty were £164.738 (2023 -
£278,647).
12 Taxatlon
The charlty Is a reglstered ¢harSty and Is therefore exempt from taxatlon.
13 Tanglble Ilxed assets
Flxtures and
ttlngs
Offlce
8qulpment
Total
C08t
At l Aprll 2023
Addltlons
4,015
4,274
78,105
80,120
4,274
At 31 March 2024
8,28g
76,105
84,394
Depreciation
At 1 Aprll 2023
Charge for the year
Al 31 March 2024
370
780
56,275
13,579
56,645
14,359
1.150
69,854
71.004
Net book value
At 31 March 2024
7,139
6,251
13,390
At 31 March 2023
3,645
19,830
23,475
Page 38

DYS Space Limited
Notes to the Flnancial Statements for the Year Ended 31 March 2024
14 Debtors
2024
2023
Trade debtors
Prepayments
Other debtors
739,943
30,492
30,290
800,725
804,282
36,392
109,756
950,430
16 Crédltor8: amounts falllng duo wlthln one year
2024
2023
Trade creditors
other taxation and scKlal security
Other creditors
Accruals and deferred In¢om8
7g,981
199,510
56,116
186,548
215
762,641
1,005,520
731,965
1011.436
16 OblSgations under lease8 and hlre purchas8 contract8
Operatlng lease commltmonts
Tolal future minimum lease payments under non-cancellable operallng leases are as follows:
2024
2023
Other
Withln one year
509
17 Penslon and othèr schémes
The Charities employees belong to prlncipal pension schemes.. the Teachers, Penslon Scheme
England and Wales (TPS) for academlc and related statr, and Ihe Local Government Penslon
Scheme ILGPS) tor non-teachlng staff, whlch is managed by Devon County Councll. Both are multi-
employer deh'ned benefil schemes.
The Charlties non-leaching staff, not subject to the TUPE arrangemenls a150 contribute to The
Pension Trust scheme under auto-enrolrnenl rules. Thls Ss a defined contribution scheme.
Contributions amounting to £3,542 were payable to the schemes at 31 March 2023 and are Included
within credllors.
Page 39

DYS Space Limited
Notes to the FinanGial Statements for the Year Ended 31 March 2024
Teachers, Penslon Scheme
Introduction
The TeaGher5' Pension Scherne (TPS) is a stBlutory. contrlbulory, defined benefit scheme, govemed
by the Teachers, Pensions Regulations 2014.
The TPS is an unfunded scheme and members contrlbute on a 'pay a5 you go. basis - these
contributions along with those mede by employers are credited to the Exchequer. Retirement and
other penslon benefits are pald by publlc funds provlded by Parliament.
Valuation of the Teachèrs, Pension Schem8
The Govemment Actuary, u8lng normal gcluarial principles, conducts a formal actuarial review of the
TPS in accordance wlth the Public SeNioe Pensions {Valuations and Employer Cost Cap) Dlrection8
2014 published by HM Treasury. The aim of th8 review is to speclfy the18vel of future conltrbulions.
Actuarlal scheme valuations are dependent on assumptlons 8bout the value of future costs, design of
b8nefils and many other factors. The latest actuarial valuatlon of the TPS was carried out as at 31
March 2016 and In accordanc8 with the Public Servlc8 Penslons Ivaluatlons and Ernployar Cost Cap>
Dlrections 2014. The valuation report was published by the Dep8rtm8nt for Education on 5 Mai¢h
2019.
The key elements of the valuation and 8ubsequent consultation are..
employer contribullDn rate5 set al 23.680/0 of penslonable pay (thls includes an 8ddilional 0.8Yo
following agreement be￿een th8 Depsrlmènt for Educatlon and HM Trgasury to d81ay the increasè in
8mpkJyer conlrlbullon rates untll 1 Sèplèmber 2019, and also includ8s a 0.08% employ8r
adminlstratlon charge)
total scheme liabilitles {pènsion5 currently In payment and the e511mated cost of futurg benefils) for
service to the effecllve date of E218,100 mllllon, and notlonal assets (8slimaled future contribullons
together wlth the notlonal investments held at the valuatlon dat81 of El 96,100 million giving a notional
past setvlce deflcit of E22,000 mllllon
the assumed real rate of return Is 2.80kn In exce88 of prices and 2% in excess of earnings. The rate of
real eamings growth18 assumed to be 2.2%. The assumed nominal rale of return is 4.860
The TPS valuat5on for 2012 determined an employer r81e of 16.40A, which was payabl8 from
September 2015. The 18tesl valuatlon of the TPS Is as al March 2016, whereupon Ihe employer
contrlbutlon rate has Increased as per above and was payable frorn 1 April 2019.
Th8 employer's penslon costs pald to TPS in the p8riod amounted lo £30,119.
A copy of the valuation report and supporting documentation is on the Teachers, Penslons website,
Under the definltlons set out In Flnancial Reporting Standard 1 02 (FRS 1 021, the TPS Is 8 multi-
employer ponsion scheme. The charlly has accountsd for its contTibutlons to the scheme as If it were
a defined contribullon scheme. The Charity has sel out above the informatlon available on the
scheme.
Page 40

DYS Space Limited
Notes to the Financial Statements for the Year Ended 31 March 2024
Defined bengflt penslon schemes
Local government penslon 5chemo
The LGPS is a funded defined-benefit scheme. with the assets held in separato trustee- adfflinlslered
funds. The total conlrlbutlon made for the period ended 31 March 2024 was £146,000, of which
employer's conlrlbutlons totalled £110.000 and employees, contrfbutions totalled £36,000. The Bgreed
contrlbulion rates for future years are 18.5% per cent for employers.
The dal8 of the most recent comprehensive actuarial valuation was 31 March 2022. There is a
comprehensive re-valuation every 3 years wlth more limited annual updalgs in b@￿en.
The total cost relatlng to defined beneftt schém8s for the year racognlsed In profit or loss as an
expense was 116,000 (2023 - £395,000).
Reconclllatlon of schema assets and Ilablllllos to assets and Ilabllitles r8cognls8d
The amounts re¢ognlsed In the statement of financial positlon are as follows..
2024
2023
Falr value of scheme assels
Present value of defined benefit obligatlon
D8fined beneflt penslon scheme surplu8lld&fidt)
3,544,000
3.292,000)
3,190,000
13,334.000)
252,000
144,000
Dellned banefit obllgatlon
Changes in the dafined beneflt obllgalion are as follows,,
2024
2023
Present value at start of yèar
Currant serylce cosl
Interest cost
Actuarial galns and losses
Benefits paid
Contributions by scheme partlclpants
Present value at end of year
3,334,000
110.000
157,000
(185,000)
(160.000)
36,000
3,292 000
8,190,000
318,000
158,000
(3.346,000>
(32,000)
46,000
3,334,000
Page 41

DYS Space Limited
Notes to the Financial Statemonts for the Year Ended 31 March 2024
Falr valu8 of scheme assets
Changes in the fair value of scheme assets are as follows..
2024
2023
Fair value at start of year
Interest income
Return on plan assets. excludlng amounts included Interest
Incomel{expense)
Actuarial gains and105ses
Administrative exp8nses
Employer contributlons
Contributions by scheme partlGipants
Benefits paid
Falr value at end of year
3,190,000
153,000
3,197.000
83,000
217,000
(128,000)
(85,000)
{2,000)
111,000
46,000
(32,000
3,190,000
(2,000)
110,000
36,000
160,000
3,544,000
Analysls of a888ts
Tha major categories of scheme assets are as follows..
2024
2023
Cash and cash equivalenis
Equity instruments
Bonds
Property
Infraslructure
Investment funds
Other
80,000
1.945,000
805,000
272,000
359,000
84,000
1,000
3.544,000
38,000
1.680.000
682,000
280,000
287,000
222,000
1,OQQ
3,190,000
The pension scheme has not invested in any of the charlty's own finandal Instruments or In propertles
or other ass8ts u88d by the Charity.
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DYS Space Llmited
Notes to the Financial Statements for the Year Ended 31 March 2024
Prlnelpal actuarlal assumptlons
The principal actuarial assumptions at the Statement of financlal posltlon date are as follows..
2024
2023
Dlscount rate
Future salary increases
Future penslon Increases {CPI)
Post r8tlr•mont mort811ty assumptlons
4.95
3.85
2.85
4.80
3.90
2.90
2024
Yéars
21.50
22.70
22.80
24.10
2023
Year6
21.80
22.90
23.10
24.40
Current UK pensloners at rellrement age - mal8
Curfent UK pensloners at r8llrem8nt age - female
Fulure UK pensloners al retir8ment age - male
Future UK p8nslon8rs at retirement agè - fema18
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DYS Space Limitod
Notes to the Financial Statements for the Year Ended 31 March 2024
Balance at
31 March
2024
Balance at 1
April 2023
Incoming
resources
Resource6
expandod
Restricted funds
Northbrook Community Trust
DCC (Economy and Skills
Team) Flying Start
Turning comers 2
AFCH Beacon Heath Youth
Work
CIN Xylore (Okehampton)
DCC Wlnter Support Grants
Exeter University - Mental
Healih Podcasts
Otlery St Mary - SLA
Teignbridge DC - Safar
Spaces, Safer Place8
UK Youth Inspire Social
Actron
Wellness Programm8
Young Devon - CYP - In
Reach Discharge Support
Other restrlcted projects and
grants - detalls of purposes
below
Okehampton Uniied
Devon Commullity Fund
Devon & Cornwall Pollce
Natlonal Lottery Communlty
Fund
Chances CIC fundlng
Total r6Btrlcted fund8
44,062
(44,062>
58.586
158,588)
113,090)
13,090
997
22,047
21,092
(3,291)
4,294
(22,0471
(21,092)
11,369
13,506
(11,369>
(13,506)
3,543
8,500
{12,043)
1,412
3,675
3,560
14,972)
(3,675)
6,113
16,666
121,779)
7,275
17,275)
19,730)
{34,713)
1248,730)
9.730
34,713
248,730
85,000
59,326
185,000>
59,326
192,677
474.024
666,701
Balance at
1 Aprll
2022
Balance 8t
31 March
2023
Incomlng Resourc8s
resources
exponded
Tran$feTS
Restricted
Chlldren In Ne8d
Mid Devon PCN Culm
Valley SLA
Pandemic Summer
Funding - DCC Additional
Young Oevon (Peer
Researchers)
23,678
123,878)
5,764
15,130
(10,8551
{10,039)
468,111
(107,4941
1360,617)
15,474
27,114
(17,4571
125,131)
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DYS Space Limitsd
Notes to the Financial Statsments for the Year Ended 31 March 2024
Balance at
1 April
2022
Balance at
31 March
2023
Incomlng Resources
resources
expended
Transf8rs
Enterprlse Development
Fund (EDP I ESS
consultancy)
SEND Oct 21 Residential
Trlp
Northbrook Community
Trust
Covld outdoor spaces
conlalnment (COMF 09)
DCC (Economy and Skills
T8aml Flying Start
UK Year In Service - NCS
- Dorset Youth
CIN youth investment
fund - Solar Panels
ESS Wellness boxes - St
James Place
Community Connectors
POCA North 21122
Tuming corners 2
AFCH Beacon Heath
Youth Wort(
CIN X-plore
IOkehampton}
DCC Winter Support
Grants
Exeter Universlty - Mental
Health Podcasts
Ottery St Mary- SLA
Teignbridge DC - Safer
Spaces, Safer Places
UK Youth - Insplr8 Social
Action
Wellness Programme
Young Devon - CYP - In
Reach Discharge Support
other reslricled projects
and grants - delalls of
purposes below
Total restrlcted funds
16.840
21,633
{21,633)
(16,840)
3,776
(2,808)
(9681
54.000
(9.9381
44,062
105,070
140,946
(192,624>
(53,3921
101,882
(43,096)
58,586
(27,418)
27,418
14,163
(13,114)
(1,049)
2.500
(2,331 }
(60,250)
(169)
60,250
4,554
{4,554}
(28,6311
84,099
(55,468)
2,500
(1,503)
997
29,955
{7,908}
22,047
25,000
{3,908)
21,092
14,951
22,651
(3,582)
19,1451
11,369
13.506
7,000
(3,4571
3,543
29,925
7.440
(28,513)
13,765)
1,412
3,675
15,000
(9.887)
5,113
1,983
14,684
8,807
585
7,275
817,595
631.847
498,235
192,677
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DYS Space Limited
Notes to the Financial Statements for the Year Ended 31 March 2024
Restrlcted funds are from the following sources:
Turning Corners and Turning Corners 2 - Joint work with OPCC for young people at risk of gang
involvetnent in South Hams.
POCA North - Street based work for Identified groups of young people involved In ASB in Bamstaple I
Bldeford
Children In Need {CiN X-plore Okehampton) - Children in Need funding for Okehampton X-plore
(LGBTQI group
COVID Hardship Fund Teignbridge
Thls project will primarily focus on 3 areas In T8ignbrldge,
Newton abbot, Teignmouth and D8￿lsh. Although all young people will be welcome the bulk of
advertising will be aimed at thosè who are in school years 7&8 in Sepl8mber 2021.
Mid Devon PCN - Culm Valley - Provision of a youth worker for 12 hrs per week for soclal prescribing
in tho Culm Valley
Devon Muslc Educatlon Hub- Providing access to muslc In sessions l outdoor events In South
Devon
Exmouth Summer Programme- Support for trips, etc during summer holidays In Exmouth
Pand&mlc Summer Fundlng - Varlous lin8s of support for Play in the Park sessions, street based
work, sUPPOrt for community youth clubs lo re-engage with young people after the pandemlc and
support communlly youth clubs strugglSng to survlve post pandemic
WDDC- SummerActlvllle8- Support for 9 trips durlng the Summer In Okehampton
Young Devon (Yéfj {Peer Researchers) - Research into CSE and ils impact on young people, by
young people as a partner in a Young Devon led project
Enterprfsa Development Fund - Market research, buslness development support from E¢onomSc
D8V81opment Fund for a new tradlng atm for Space (ESS)
SEND Oct 2021 Resldent181 Trtp- Fundlng for a SEND ￿sIdential, initlally In O¢t 2021. Tcok Pla￿ In
Feb 2022. Funding left over to go towards 8 fijrther resldenilal later In 2022
COVID containment campaign (COMF 081- Marketing campaign to promote healthy, covid behaviour
and support communlly youth clubs
Northbrook Communlty Trust - Provlslon of a SEND youth club session in Tiverton for 3 years from
April 2022 to March 2025
COVID Outdoor Spaces Contalnm8nl (COMF 09) - Provlslon of furniture l awnings I Ilghtlng l etc to
expand the use of youth club spaces outside during'winter months lo help conlain covid
COVED MUGA Containment (COMF 09) Refurbishment of the MUGA at Newton Abbot SWAN
(Safety of Women at Night) - Safely of Wornen at Night r8search project
DCC Fundlng - VOYC I SDP work- Funding to continue and grow VOYC and SDP work
D¥S Space Limlted Y8ar ended 31 March 2023
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DYS Space Limited
Notes to the Financial Statements for the Year Ended 31 March 2024
DCC (Economy & Skills Team) Ftying start- Entreprènu8rial and tech support for addltlonal project at
3 youth clubs In Devon over an 18 month period
Donatlons - Donations for use al Bamslaple l Bideford youth clubs
UK Year In Service - NCS - Dorset Youth NCS year In seNl¢e project as partner to Dorset Youth
Outdoor Equipment {contract vaTiation) Contract variation to providè outdoor equipment to use in
street based work l outdoor spaces at youth clubs
Dalsl fundlng - Includes Peer Educators to work in youth clubs, fundlng for a young pèrson to shadow
the provlslon of music in youth clubs, and X-plore {LGBTQ} half lerm activitie5
CIN Youth Investment Fund Children in Need funding lo provlde Èolar panels, Inltlally at Bamstaple
and Bideford but onty supplied at Barnstaple due to survey of roof and time pressure issues at
Bldeford
ESS Wellness Boxe8- Wellnes5 boxes suppli8d to ESS sludents lo accompany wellness tralnlng
CSP Summer Activitles - Tlverton - Support towards summer actlvilles in Tlverton aree
UK Youth - Active Youth - Encourage young people to take up physical activlly for a p6riod of time
and measure of sustained phy8lcal activity as a result
Communlty Connectors - Social prescribing work in Exeter In collEboratlon wlth Wellbeing Exeter
Centre of Youth Impact- Research work on the Impact of youth work
SDP 20121- Street based youth work projects to support young people during lockdown and those at
risk of gang Involvement
DCF Social prescriblng (Community Connectors) Provislon of youth workers (1.8FTE) for soclal
prescriblng In the Exeter area
Other projeGts
Comprises varlous short term projecls durlng the pertod such as promises
Improvements, summer activities, centre resources, 1-2-1 work, muslc support et¢.
AFCH Beacon Heath Youth Work - supportlng young people to usa the outdoor spa￿ in Beacon
Heath, be actlve and look after thelr wellbeing
ASDA Empowering Local Communlt18s (Barnstaple) fundlng towards garden equlpment for
Barnstaple youth centre
ASDA Under 18's Bètter Start (Bldeford) - funding towards music equipment for Bideford youth centre
DAISI - Muslc Equipment {Exmouthl - fundlng towards music equipmenl for Exmouth youth centre
DCC Wlnter Support Grants addltional fijnding for communlty youth group8 to help with hlgh ulillly
costs
Digltal X-plore - funding towards an onllne X-plore group
DYS spa￿ Limited
Year ended 31 March 2023
Exeter Clty Small Grants (100 Club Residential) fundlng towards a Residenti41 for Exeter youth
centre young people
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DYS Space Limited
Notes to the Financial Statements for the Year Ended 31 March 2024
Exeter Unlverslty Mental Health Podcasts - facllltate research into a number of topics and create
podGasts of the leamlng for use for others working with young people
Exmouth Rotsry Club - a donatlon towards the Exmouth youth ￿ntre summ8r programme
OPCC - ASB Youth Outreach - Peninsula wide outreach work wlth partner organisations over a 3 year
pèrlc
Otlery St Mary SLA - SLA for the provlsion of 2 nlghts per week and 80me targeted work wlth young
people in Oltery St Mary
POCA Newton Abbot - funding towards the summer programme for Newton Abbot youth centre
Safe South West (Bideford) - funding towards resources, trips for young people in Bldeford
Teignbridge & South Hams Police - Summer programmè - fundlng towards iesources, trips for young
people in Newton Abbot
Teignbrldge DC - Safer Spa¢8s, Safer Places - a partnershlp approach to educating young people
about harmful sexual behaviours in the Teignbridge area
UK Youth - Inspire Soclal Actlon funding to provlde Soclal Actlon Opportuni￿e$ for young people In the
south west, lo include partner organlsalions
Waitrose - Give 8 Llttle Love - Resources fundlng for Summer fun days
Wailrose Community Matters - HAF {Okehampton) - funding towards holiday activities and food In the
holldays In Okehampton
Wellness Programme- delfvery of a wellness programme to 17 secondary and 13 primary schoo15 In
Devon
Young Devon CYP In Reach Dlscharge Support - support for young people in hospital for longer
term stays and in preparatlon for discharge in Exeter
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DYS Space Limited
Notes to the Flnancial Statements for the Year Ended 31 March 2024
19 Analysls of net assets between funds
Unrostricted
funds
General
Total funds
at 31 March
2024
Pe￿[0￿
funds
Tangible fixed assets
Currenl assets
Current liabllltles
Penslon scheme118bility
13,390
1,060,488
(1,011,436>
13,390
1,060.488
(1,011,436)
262,000
314,442
252,000
252,000
Total net assets
62,442
Unrestrlcted
funds
General
Total fund8
at 31 March
2023
Restricted
fund8
Penslon
fund6
Tangible fixed assets
Current assets
Current Ilabilitles
Pension schame liability
Total net assets
23,475
1,552,430
{1,005.520)
23,475
1,745,107
11,005,520)
144,000
619,062
192,677
144,000
144.000
570,385
192677
20 Rèlated party transactlons
There We￿ no relat9d party transaclsons In the year,
Page 50