YOUNG LEADERS ACADEMY LTD
ANNUAL REPORT AND ACCOUNTS
YEAR ENDED 31 JULY 2025
Registered Charity No. (England and Wales): 1181399
A Company limited by guarantee. Registered in England and Wales: 08618888 Registered Office: SBC House, Restmor Way, Wallington, Surrey, SM6 7AH
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YOUNG LEADERS ACADEMY LTD
REFERENCE & ADMINISTRATIVE INFORMATION
YEAR ENDED 31 JULY 2025
| REGISTERED CHARITY NUMBER: | 1181399 |
|---|---|
| COMPANY REGISTRATION NUMBER: | 08618888 |
| REGISTERED OFFICE | SBC House, Restmor Way |
| Wallington, Surrey | |
| SM6 7AH | |
| SATURDAY ACADEMIES | Newman Catholic College |
| Harlesden | |
| London NW10 3RN | |
| St Dunstan's College | |
| Catford | |
| London SE6 4TY | |
| TRUSTEES: | Leanard Phillip - Chair |
| Michael Amanning | |
| Sharon Thomas | |
| Ibrahim Abayomi Akinsanya (appointed 5 February 2026) | |
| Sharon Blagrove - Chair (resigned 15 January 2026) | |
| Kenisha Jackson (appointed 27 June 2025; resigned 15 January 2026) | |
| SECRETARY | Michael Amanning |
| MANAGEMENT TEAM: | Andrew Muhammad |
| David Okoro | |
| Mark Muhammad | |
| Kirsty Jones |
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YOUNG LEADERS ACADEMY LTD
REPORT OF THE TRUSTEES
YEAR ENDED 31 JULY 2025
The trustees present their report together with the financial statements of Young Leaders Academy (YLA) for the year to 31 July 2025.
Structure, Governance and Management
Governing Document
YLA is a company limited by guarantee governed by its memorandum and articles of association dated 16 April 2018 as amended by special resolution registered at Companies House on 21 December 2018. The company registered as a charity with the Charity Commission in England & Wales (CCEW) on 3 January 2019 under the charity number 1181399.
The Board of Trustees meet quarterly to review the activities and financial position of the charity. All governance decisions are made by the Trustees. The day to day work of the charity is undertaken by the management team who work closely with the Trustees.
The charity was formerly named The Westside Young Leaders Academy Ltd before changing its name via members' special resolution on 14 December 2022 (presented at Companies House on 15 December 2022) to Young Leaders Academy Ltd.
Policies adopted for the appointment, induction and training of Trustees
New Trustees are appointed based on the skills and experience that they can bring to the Board. The Board supports new Trustees through an induction process in which new Trustees are made aware of their responsibilities as individual Trustees and their joint responsibilities as members of the Board. The Board follows the Charity Commission’s guidance in setting out these responsibilities.
Associated Organisations
YLA is committed to and actively seeks to work in partnership with other like-minded organisations.
Charity Objectives
The objectives of YLA are:
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To give students (BAME boys and girls) access to a unique, culturally competent curriculum that enables them to develop a knowledge of self.
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Instil the tenets of success in young leaders at an early age.
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To provide our young leaders with the skills and knowledge which will enable them to be successful in school and beyond.
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Empowering our young people to become the next generation of successful leaders through training and mentoring.
Members' liability
Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The total number of such guarantees at 31 July 2025 was £3.
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YOUNG LEADERS ACADEMY LTD
REPORT OF THE TRUSTEES (Continued)
YEAR ENDED 31 JULY 2025
Achievements and performance
Key activities this year
Our key activities this year included:
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We facilitated an Entrepreneur Programme across both of our sites. The programme enabled the young leaders to learn about the skills and qualities you need to be an entrepreneur. Some of the sessions were delivered by real entrepreneurs. The students set up their own businesses and traded with real customers.
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The academy is continuing to deliver GCSE revision support to Year 11 GCSE students.
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We delivered a problem Solving and Critical Thinking programme across both sites. The students learnt how to make smart decisions, learnt the difference between fact and opinion, identify bias and understand cause and effect.
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The young leaders took part in a sports day with other young people from supplementary schools in London. The sports day enabled the young leaders to network with other young people and take part in sporting activities
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We have continued to deliver ‘Parent University’ meetings for our parents. The meetings help us to engage with the parents and keep them updated with their child’s learning. They also meet with skilled and qualified professionals who deliver presentations on a many issues.
Key achievements for the year
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We secured funding which enabled us to continue to deliver our programmes at our Lewisham academy.
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The GCSE maths our students to achieve better than expected grades
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All of the candidates who applied for bursary places at private boarding school were successful
Financial review
For the financial year ended 31 July 2025, YLA achieved total income from Charitable activities of £193,744 (2024 - £182,331) of which £78,000 was restricted funds (2024 - £85,000). Total expenditure on charitable activities was £138,928 (2024 - £197,549), of which £81,354 related to restricted expenditure (2024 - £90,910).
Overall this lead to a net increase in total funds of £54,920 (2024 - increase £15,063), consisting of a deficit on restricted funds of £3,354 (2024 - £5,910 deficit) and a surplus on unrestricted funds of £58,274 (2024 - £9,153 deficit). At 31 July 2025 the charity held total funds of £128,977 (2024 - £74,057), of which £133 was restricted (2024 - £3,487) with the remainder being unrestricted general funds.
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YOUNG LEADERS ACADEMY LTD
REPORT OF THE TRUSTEES (Continued)
YEAR ENDED 31 JULY 2025
Future plans
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Deliver an after-school programme in at least one school in Lewisham.
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Continue to recruit volunteers.
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Secure at least two corporate sponsors
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Identify new corporate partners who are able to deliver career in-sight programmes for our students
Risk management
The trustees continually carry out an analysis of the risks faced by the organisation. Major risks are formally considered by the Trustees during Board meetings and preventative action is undertaken where required.
The most significant risks are:
| The most significant risks are: | |
|---|---|
| Risk | Mitigation |
| Loss of Elizabeth Legacy Fund contract for | We have instructed a bid writer and are in discussions with |
| Lewisham | Lewisham Council around commissioning responsibilities |
| Loss of income from depleting numbers of young | Working with marketing teams and local schools to increase |
| people at Westside | student numbers |
Reserves policy
The trustees have examined the charity's requirements in the light of the main risks to the organisation. It has established a policy whereby unrestricted funds held by the charity should cover 3 months operating costs. The present level of reserves (£128,844) is adequate to cover anticipated operating costs.
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YOUNG LEADERS ACADEMY LTD
REPORT OF THE TRUSTEES (Continued)
YEAR ENDED 31 JULY 2025
Trustees' responsibilities in relation to the financial statements
The trustees are required by company law to prepare a financial statement for each year which gives a true and fair view of the financial activities of the charity company and its financial position for that period. In doing so the trustees are required to:
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Select suitable accounting policies and apply them consistently through the year;
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Make sound judgements and estimates that are reasonable and prudent;
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State whether the policies adopted are in accordance with the companies act 1985 and with applicable accounting standards and statement of recommended practice, subject to any material departures disclosed and explained in the financial statements;
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Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the company will continue in business.
Members of the Management Team
Members of the management team, who are directors for the purpose of company law and trustees for the purpose of charity law, who served during the year are set out in the Reference & Administrative Information section.
In accordance with company laws, as the company's directors we certify that:
- As the directors of the company we have taken all the steps that we ought to have taken in order to make ourselves aware of any relevant information which should be disclosed in these financial statements.
We are responsible for keeping proper accounting records which 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 company and for taking reasonable steps for the prevention of fraud and other irregularities.
Approval
The charitable company is a public benefit group for the purposes of FRS 102 and therefore the Charity prepared its financial statements in accordance with the 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 (The FRS 102 Charities SORP), the Companies Act 2006 and the Charities Act 2011.
By order of the trustees:
Michael Amaning (Apr 24, 2026 10:21:09 GMT+1) Michael Amanning Trustee
24/04/2026
Date
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YOUNG LEADERS ACADEMY LTD
Independent examiner’s report to the trustees of Young Leaders Academy Ltd
YEAR ENDED 31 JULY 2025
I report to the trustees on my examination of the accounts of the above charity (“the charity”) for the year ended 31 July 2025.
Responsibilities and basis of report
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
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the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
D. Wallis
D. Wallis (Apr 24, 2026 14:03:13 GMT+1)
David Wallis FCA
Member of the Institute of Chartered Accountants in England and Wales
DJW Accounts Consulting Ltd
8, 3 Chivalry Road
London SW11 1HT
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YOUNG LEADERS ACADEMY LTD
STATEMENT OF FINANCIAL ACTIVITIES
Incorporating the Income & Expenditure Account
FOR THE YEAR ENDED 31 JULY 2025
----- Start of picture text -----
2025 2024
Restricted Unrestricted Total Restricted Unrestricted Total
Not £ £ £ £ £ £
Income from:
Charitable activities 1 78,000 115,744 193,744 85,000 97,331 182,331
Interest income - 104 104 - 155 155
Total income
78,000 115,848 193,848 85,000 97,486 182,486
Expenditure on:
Charitable activities 2 81,354 57,574 138,928 90,910 106,639 197,549
Total expenditure 81,354 57,574 138,928 90,910 106,639 197,549
Net surplus/(deficit) for
the year / net
movement in funds (3,354) 58,274 54,920 (5,910) (9,153) (15,063)
Reconciliation of funds
Total funds brought
forward at 1 August 3,487 70,570 74,057 9,397 79,723 89,120
Total funds carried
forward at 31 July 8 133 128,844 128,977 3,487 70,570 74,057
----- End of picture text -----
All of the above results are derived from continuing activities. There were no recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 8 to the financial statements.
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YOUNG LEADERS ACADEMY LTD
STATEMENT OF FINANCIAL POSITION
AS AT 31 JULY 2025
| Note 5 6 7 8 Debtors Liabilities Cash at bank and in hand Creditors: amounts falling due within one year Net current assets Net assets Represented by: Funds and reserves Restricted funds Unrestricted funds Total charity funds |
2025 £ 2,227 129,570 131,797 2,820 128,977 128,977 133 128,844 128,977 |
2024 £ 8,853 94,248 103,101 29,044 74,057 74,057 3,487 70,570 74,057 |
|---|---|---|
For the year ended 31 July 2025 the charitable company was entitled to exemption from audit under section 477 of the Companies Act ('the Act') relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Act.
The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the trustees of Young Leaders Academy Ltd and signed on their behalf by:
24/04/2026 Michael Amaning (Apr 24, 2026 10:21:09 GMT+1) Michael Amanning Date Approved Trustee
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YOUNG LEADERS ACADEMY LTD
PRINCIPAL ACCOUNTING POLICIES
FOR THE YEAR ENDED 31 JULY 2025
Basis of accounting
The financial statements have been prepared under the historical cost convention and in accordance with UK Generally Accepted Accounting Practice, the Companies Act 2006, the Charities Act 2011, and "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and "Accounting and Reporting by Charities: the Statement of Recommended Practice" for charities applying FRS102 ("SORP"). The charity is a Public Benefit Entity as defined by FRS 102. The financial statements have been prepared on the historical cost convention. The principal accounting policies adopted are set out below.
Going concern
The financial statements have been prepared on a going concern basis. When considering the appropriateness of the going concern basis the trustees have given consideration to projected financial performance and position for a period of twelve months from the date of signature of these financial statements.
Cash flow statement
The financial statements do not include a cash flow statement because the charity, as a small reporting entity, is exempt from the requirement to prepare such a statement under FRS 102 and the Charities SORP.
Income
Income is recognised in the period in which the charity is entitled to receipt the amount can be measured with reasonable certainty. Income is deferred only when the charity has to fulfil conditions before becoming entitled to it or where the donor or funder has specified that the income is to be expended in a future accounting period.
Income represents donations, grants, fees for young people's participation in the academy's activities and interest receivable. Grants subject to specific conditions are credited to relevant restricted funds.
Expenditure
Expenditure is included in the statement of financial activities when incurred and includes attributable VAT which cannot be recovered.
Charitable expenditure comprises both direct and indirect overhead expenditure on the charity's primary charitable purposes, being the provision of activities for young people.
Fund accounting
Unrestricted funds represent those monies which may be used towards meeting the charitable objectives of the charitable company at the discretion of the trustees. The restricted funds are monies raised for, and their use restricted to, a specific purpose, or grants subject to donor imposed conditions.
Fixed assets
Any capital purchases above £1,500 would be capitalised as tangible fixed assets and depreciated in line with an estimate of their useful economic life.
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Cash at Bank
Cash at bank consists of sums held in bank accounts, which are readily available for the charity's use.
Debtors
Debtors consist of amounts due to the charity from third-parties, such as parents bearing the cost of young people's participation in the academy's activities.
Creditors
Creditors consist of amounts outstanding at year-end, due to third-party suppliers (for the provision of goods or services).
Deferred income relates to amounts received in respect of funding arrangements which were intended for use in future periods.
Financial instruments
The charity includes only basic (non-complex) financial instruments in its financial statements, as described above.
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YOUNG LEADERS ACADEMY LTD
Notes to the financial statements
FOR THE YEAR ENDED 31 JULY 2025
1. Income from charitable activities
| Leadership Programme 2024 Leadership Programme Expenditure on charitable activities 2025 Direct project costs: Other costs of core charitable activities: Other project and overhead costs 2024 Direct project costs: Other costs of core charitable activities: Other project and overhead costs |
Restricted funds £ 78,000 78,000 Restricted funds £ 85,000 85,000 Restricted funds £ 77,842 3,512 81,354 Restricted funds £ 82,961 7,949 90,910 |
Unrestricted funds £ 115,744 115,744 Unrestricted funds £ 97,331 97,331 Unrestricted funds £ 36,154 21,421 57,574 Unrestricted funds £ 34,959 71,680 106,639 |
Total 2025 £ 193,744 193,744 Total 2024 £ 182,331 182,331 Total 2025 £ 113,996 24,932 138,928 Total 2024 £ 117,920 79,629 197,549 |
|---|---|---|---|
2. Expenditure on charitable activities
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YOUNG LEADERS ACADEMY LTD
Notes to the financial statements
FOR THE YEAR ENDED 31 JULY 2025
3. Staff costs and numbers
The charitable company has no employees.
4. Taxation
The charitable company's activities are exempt from corporation tax as all its income is charitable and is applied for charitable purposes.
5. Debtors
| Grants receivable Creditors: amounts falling due within one year Accruals Deferred income |
2025 £ 2,227 2,227 2025 £ 2,820 - 2,820 |
2024 £ 8,853 8,853 2024 £ 4,044 25,000 29,044 |
|---|---|---|
6. Creditors: amounts falling due within one year
7. Analysis of net assets between funds
Fund balances as at 31 July 2025 are Net current assets Fund balances as at 31 July 2024 are Net current assets |
£ 133 133 £ 3,487 3,487 Restricted Restricted funds |
Total funds £ £ 128,844 128,977 128,844 128,977 Total funds £ £ 70,570 74,057 70,570 74,057 Unrestricted Unrestricted funds |
|---|---|---|
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YOUNG LEADERS ACADEMY LTD
Notes to the financial statements
FOR THE YEAR ENDED 31 JULY 2025
8. Total Funds
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
8a. Current year:
| Elizabeth Legacy Fund - Leadership Programme Royal National Grant - Scholars Programme Total funds Lewisham City Council - Leadership Programme Unrestricted funds: Grants & Donations Restricted funds: Investment Income Total unrestricted funds City Bridge Trust - Covid Response CVS Brent - Leadership Programme Young Brent Foundation - Scholars Total restricted funds |
At 1 August 2024 £ 3,354 - - 234 1,330 (1,431) 3,487 70,270 300 70,570 74,057 |
Incoming resources £ - 75,000 3,000 - - - 78,000 115,744 104 115,848 193,848 |
Outgoing resources £ (3,354) (75,000) (3,000) - - - (81,354) (57,574) - (57,574) (138,928) |
At the 31 July 2025 £ - - - 234 1,330 (1,431) 133 128,440 404 128,844 128,977 |
|---|---|---|---|---|
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YOUNG LEADERS ACADEMY LTD
Notes to the financial statements
FOR THE YEAR ENDED 31 JULY 2025
8b. Prior year:
| Total funds Young Brent Foundation - Scholars Shaftsbury Fund - Raise the bar Total restricted funds Unrestricted funds: Grants & Donations Investment Income Total unrestricted funds CVS Brent - Leadership Programme Restricted funds: Lewisham City Council - Leadership Programme City Bridge Trust - Covid Response |
At 1 August 2023 £ - 234 1,330 (1,431) 9,264 9,397 79,578 145 79,723 89,120 |
Incoming resources £ 60,000 - - - 25,000 85,000 97,331 155 97,486 182,486 |
Outgoing resources £ (56,646) - - - (34,264) (90,910) (106,639) - (106,639) (197,549) |
At the 31 July 2024 £ 3,354 234 1,330 (1,431) - 3,487 70,270 300 70,570 74,057 |
|---|---|---|---|---|
Aim and use of restricted funds
Elizabeth Legacy Fund
This fund provides support for specific programmes held during the Saturday leadership academy.
- Lewisham City Council Leadership Programme
This fund provides ongoing funding for the Saturday leadership academy based in Lewisham.
Royal National Grant
This grant provides support for the scholars programme.
- City Bridge Trust Covid Response
This fund provides support for young people and their families during the Covid period.
CVS Brent - Leadership Programme
This fund supports the delivery of a leadership programme to young people in the borough of Brent.
Young Brent Foundation
This fund supports the delivery of an after school leadership programme for a school in the borough in Brent.
9. Related Parties
There are no related party transactions to report for the year end 31 July 2025 (2024 - Nil). Additionally, no trustees received any remunetation for their roles as trustees (2024 - None). No expenses were reimbursed to trustees in the year (2024 - Nil)
10. Subsequent events
There were no post-balance sheet events which occurred between 31 July 2025 and the signature of these financial statements which could have affected the figures or disclosures therein.
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YLA Financials 31.7.25 v7 with IE updates
Final Audit Report 2026-04-24
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YLA Financials 31.7.25 v7 with IE updates -
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