REGISTERED COMPANY NUMBER: 119536B9 (England and Wales) REGISTERED CHARrrY NUMBER: 1186059 of tho knan Youth Connect South W• Sum¢r Audlteo Limited StalutoryAuditors Hermes House FI yAvenUfy Swindon wiltshire SN2 2GA
Pag• Report of thè Trutè•s 1 trj 8 R•pwt of th• Ind•plnt Authors 9 to 11 Ststsmènt of Fina11 NLti¥ib¥ 12 Balanc• Sh••t 13 Cash Flow Stat•ment 14 Notes tothe Cash Flow Statem•nt N(*es tot Financial Statements 16 kn 27
h Connèet Sothh West Re tered r- 11953689 of th• Trustees for the Year Ended 31 March 2025 Thé trusteos who are also directors of the charlty for the purposes of the Companles A¢t 2006. present Iheir reportwlth tre financlal statements of the charity for the year ended 31 March 2025. The trustees have adopis¢J lh provisions Accounting and Reporbng by Charities.. Ststement of Recommended Pracbcg applicable to charities prèpaiing Ihèir aco)unts In awordance wlth the Finbnelèl Reporl"ng Standard appllc3b18 in thè UK and Republic of Ir8land IFRS 1021 (effective 1 January 20191. OBJECTNES AND ACnVITIES ObJoctfve8 and alm To act as a resource foryoung pooploupto tha #ge of25 living inth8 Unlled Kingdom byprovldlng adviceand assist and organising programmesof physlcal,Bducational and othor activiti&s as a meansof: lal advan(ing in lif¥ and helph young peopla by dtrvelopinglh•irskills. capacities and capabilthésto ènablethem toparticipate in so¢letyas independent mature and responsible indivKlu45,' Ibl adv8ncing educaticfi.. Icl relievin9 ungmployment Id) providing recreal'onl leisure activities in the inlarests of social welfare forpgopla livlng In the areaol benefitwho have need by reason of their youth, age, infimiityordisability, povortyor soclal and economiccArcumstanceswith8 vigwto Improving the condibor6of lif$ of such persons. The promotion of social inclusion for the public ben8fStby provanting young peoplg from becoming sodally exdud8J, Ilevlng the n&eds of those young peopl8 who are socially gxduded and assisting them to inlegrae Into soclety. Slgnm¢ont octt¥th$ This yeaf marked 8 PTrVOtal mom8ntforYoulh Connect South Wesl as we neWed our vi6lon and mlssion thrtsugh a ¢0118borative and inclusive process. Trustees, stsff, and young people were all actively involved in shaping the futu d1ctOn01 the organisation.A dedicated Vision and Missitsn Roadshow" engaged young peopleacross all ourservices. ensurfng theirvoiceswere centraltothe process.This wasfurthgrsupported by adigitsl campaignlhataxtendod Iho reath of the Consultstion and gn¢our8ged wider parbcipation. Our r&newed vision reflects both our role in working with young people through the 5grvi¢ès w• provida. but also Ihe influ$n¢è and Impact of Ihos8 young p8ople on us as an organisation and on the worfd around them.. Insplrlng young pwle Our mission has glso been simplified and uses yrS thet rg$onate more with young peoplè.. Croatlng opportuniti•s with young wopl• to.. - Be Safo B•lon9 - Be Heard - Grow Poverty and Inequalltyare f1rm1yembd asissuesthatimp8clyoung p&oplo. The cost of living hasconlnued to grow. and food poverty is 8 prèv8lÈntissuè in our ar8a. This is corn pounded bythe effectsof rural isolation and pooraccess to transport, limilng young people's acces5 to essential services and opporbjnities. A¢r*ss to mantal hèalth saNlees for young people conbnus5 to be o ¢rfts"cal concem. with many wa5tin9 ovèr a year for rnentsl health assessments. The ral&s of hospitalisation foi undor-18 mental health issues, alcohol eondib"ons, eatiro isorders. and sélf-h8rm aré comparativaty high. We are seeing these issuesparb"culat1yimpactiThJ youngpeoplo's 8C to education. Tho organisation continuesto workwithyoung peopletorespond to Ihese core issuesand to mtrstitscharltable objecti through a range of Smpacfful approaches= -Advancing Education and Skllls: Through Alternative Edu¢alion •nd T8rgeted Support,YCSW support8young PÈOF in gainin9 qualification3. developing lifa skills. and progressing into furlhgr education or employmenL Rolhvlng Unemploent. Employability-focuswl interv•ntions, including work èxpèriènca placements and caree guidance, help young people overcome barriers to work. - Promotlng Soclal Incluslon- Youth work and wellbeing programm&sprovide safe,indusfivèspacesforyoung peopb b build ctsnfidencè, r8silience. and community connections. - Supportlng VUln•ittb Gr¢)ups'. Tailored supportfor young peopl¥with SEND, mentsl health challenges, an¢J those at risk of &xclusion ensured tha15ervices are accessibl8 and Impactrul. Page 1
uth W•st ster 953 Re the Trust••s for th• Y•ar Ended 31 March OBJECTIVES JID XTMTIES The approaches are implemented Ihrough a rydn9e of programmes.. - Altemative Educ816on for young people wlth SEND - Full Ome and parttime coursès provid• tailored inclusive learry opp0thnl8S for Sdents with special educational needs who are typically struggling with moknstream provlsicfft, butth) not h8vo noeds whlch suit them to more speclalist schools. Employabilty- Tra¢kn"ng and $upporbng thosg young peopl8 who Èr• NEET or at risk of becoming 80. Thi$ includes collaborating with l¢cal busingsses to offer opporbjnities foryoung people tts develop skills forthe workforce. Earfy Help- one-tovone Supportto Smprove their outcomesfor young people Idènlfied as in n8•d, either as a sing agèncy or as part of a multi4isciplinary tearn around lh• young person. - Youth Work - prfmarllyworklng In parfnershipwlth Parish and Town Coun¢lls.we prode open attoss youth sosslon4 engagingwilh young peopb in a safoenvSronmontwheretheycan develop a sèns$ of b8lor¥Jirgandeng&3ewith ¥¢tivif&s tt)at develop a range of sblls. - Soulhsideyouth and CoTrmmunStyC$ntre-provldg$a safe commuritysp8ce and 8 soft playarna forth8 localcommunity. These progrommes are primari drlven through contrdcting, winnlng commBslons Initiated by an levels gf gov¥mmenl from national initi8tive8 like SaforStrgel8from thg HoM&offS.th1Qugh tocontr8cting wlth parish and town councils. W¥ also ac$$ a range of grants frorn these same Instllu"ons along wilh individuals and10¢81 trusts and foundatsons. Du8to this overall funding modd,we primarilyimpbmertprogrammeslhrough employgj slaff. but¥lgoutlllsevolunteer6 where approprlate. such as facilitsting specific activilies, such a$ gam&s groups. wilh young people. We also work In pathership with a varigty of organisatigns that bring complimentsry $kills Anil capabilities. rmportanuy, thi5 yeaT also marked thg wn¢lusion of the initial five-year ctsntraet and support arrangnts thalfoltA%til the OTganisation spin-outfrom Bath and North Easlsomersetcouncllas a Public Service Mukn#l.ThistransStlon slgni a nèw phase of Independence for Ihe organisaljon, wilh key d$v¢lopmonts UndeaY lo establish new systsms aThJ renegothale property and 5grvic8 arrangtrm•nts. Our programmts measure SLtccess in Ihe moslappropriato waylorlhe s&rviceand the commissionwsoflhetn.At•matse edurAtion use$ Recogni$ing and COrding Progressand AchiÈvèméntlRARPA} and the resultsfrom m¥th$, Engllsh, as well as attendanrK mèasurfng. Earfy help and employabilty use an outcom8 framawork scoring, which 15 shared with commissiorprs alongsKIg cas8 sbJdies. Th• Youth Work teams use eng8gèmènt lavals as a sign of succ4ss as well as providing commissioners with case sdieS. Pthli¢ bgnefit Thg Trustees h•ve pald due 93rd10 Ihe CharityComrnis5ion Guldanceon PubllcBènefltSndecidingwhalaclivitie$tr charity should undert2ke. The Trust8¥s consider thalthey have acted in Ihè public banefit. Pogg2
Youth Connect South West rèd numbor: 11953689 R• rt of the Trustees for the Year Endtd 31 March 2025 ACHEVEMENTS AND PERFORMANCE Charllablg a¢tlvf£S95 Contlnugd focus on consolldatlon and ¢apacty bulldlng During Ihè year, we have rnade a varrety of systems improvemts, including the iMpMentatiOn ofa slaff expenses system. W8 also completed a tenderexer¢isetoselecl 8 PTovi¥Jèrto supportoui ongoing IT n••ds lollowing the transition 1M the coun¢ll* systems. . Ensurlng tho valldlty of our buslnoss modg1- We have maintsinedfocuson achieving full costin all ol ournewfur¥JrvJ contraets and grantbidsand returned to a surplusin ourcurrentyear. Challenges remainln cVerIng all ourc4)sts Inyouth Work. and donors and coMmisonerS remain generally resistant to supporbng lull ¢o$t rècov&ry. - Soulhslth Youth and Communlty Contro - We havtr ¢onDnued to provkle a mmUnIty spa¢e at South$id¢. Thi$ provides a wam) and dry meelng place wlth basic prowsions of drinks and a v•nding machine lo support the soft play arg9. In addititsnttl simplyopening daily, we have hosted inclusive eventssuch as the Hallgweon Extravaganza. Sanla Grotto, and Communty Lunthes, many of which wera supported by our Altemative Education sbjdents. These events strengthened local connections and showcased lh$ tal•nl$ and ¢on¢ributions of the young people we supporL Radsto¢k Youth Centr¢ - W8 continue to fully ulllso Radstock Youth Centre. providing space for our Alternativa Education programme during the day and youlh work sessions In the evenings, in addition to office sp8Cg for thè wid busine$$. We have not been able to secure longer-tèm lèasa arrangements, bLrtwe will continuè tts putsue this. - City Centr8 Youth SpAco- despitehaving plansto expand ourusage of this spa¢¢. r¢duc6d funding has acallySeen es5ions rn 1hé City Cèntra raduce. WÈ hav8 n looking al opportunitiesto share ourspace wlth other orgBnisatio bulwe remain committed to a presence in the centr8 of Batrb. .Ythrth Work Consolldatlon and Expanslon - During Ihe yearwe cornmen¢sd on$ apprenJceship inyoulhwork.with a further ¢omm$n¢ing in Ihe ¢urrent yO8r. Towards tho end of the year, a review of slaffing was conducled In the la of ¢h8nges in funding to m8int8in su$18inab'lty. Wè dèlivèrèd ovèr 750 youth sessions acro$$ 16 loealons, mBkn"ng more than 10.000 contacts with young people.Sessionsrangedfrom cr•ativè arts and wellbelng projeclsto issue-basgd wtstk on b)pics such as mentsl health, relationship$, and personal safèty. Detaohed youlh work and spe¢lalist proleets liP Connected Roots ond Street 2 Sbjdio addressed serious youlh violonce and promoted inclusion. -Akernative Education Programmès- Forthè 2024-25 8eAd8micyear,thedeliveryofourprogrdrnmewllh Balh ColbJ8 shlfted from a partnership approach toonewhereYCSW took on responsibilityforall aspects of learning. This resultsd in slgnificant operational changes, despite which, we supported over 100 vulnerable students through our Full Time, Part Timè,8nd Educab"on SupportS8Niee programm8s.Th8se offeredflexibb,studgnt-cèntred le8mingforlhos8wilh EHCPS cornbining accrethlod qualificati$ with Creabve¥ndvoeationalexpence$. HighlpJhts indud8d CSCS card (Construck Skills Certification Scheme) achievements. First Afjd and Food Hyglene ¢efICatsOns, and the 18unch ot 8 c8r88 Pfogramme aligned wilh Ihe Gatsby benchmarks. - Targètsd Employablmty and Support - Our Early Help support programmès providèd tailorod assistance to youry peoplefaThng barrierstoeducation. employmenL and wèllbèirg. Notably, the 97.6% SeptemberGuaranteeflgureforBal) and North East Somerset reflects the key role Youth Connect South West played in identifying, tracking. and suppor young poople to secur6 positive posl-16 destination6. Durfng he period, we also successful in re-tendering lorthi programm& The Hospitsl Education Reinlegration Servlce (HERS} p8rtr)ershlp programme also achieved strong oul¢omgs. wllh 88.kn of its cohort progressing Into education, employmenL or tr8ining. Welbelng Suppcvt Servlce- We are evaluating Ihe BU5$ of this prol8ct and looking to fulure fundlng modèls contlnue thls servlce. . Human R8SOIlgsad Workforce developmont- We have recruited 8n HR 8usin8ss path•rand a Training officeT b build our¢ap8¢ty. Proj¢¢t work has stsrt¢d to Improve processes and supportfor $tall. FINANCIAL REVIEW Flnanclal posltlvn Th• 2024125y•arhass•en fut1hergrowth in turnover. Total income was£3.131,306, compar&l to£2,174.868 in Ihe priiy year. a43W• increase. There have been several new projectsand newfundlng acrossourprogrammes., howeverlhe rna gro has begn in the deve1oprlllof ourAttemative Edu¢ation programme.taking on academic elemwtsoflh• cours8s previously provided by Bath College. in addition to a modest incrèasè in Sdent numbers. In addttion trt Ihls we ha received a grant of £246k from the National Lottery tQ 8UPPQrt our organisalonal development over Ihree yeats. Th8 rèsultof the growlh notsd above is an unrastricted surphjs of £300218. The torrespondi)g Incre in unrestricbj funds allows us to continue to dgvelop and improvtr our growing programme5 and $gcur8ly support the working capit required to manage ¢a$hflow. Re$tri¢tedfunded a¢tivityal$o shows3 6urplu6 of£210,144, represèntirvj grants mcognj in the year supporting projg¢ts wnnin9 over Ihe nèxtfew years. Paga 3
South W•st stered Nmb•r: 11953689 Rg Trust•frs for tho Y•ar Ended 31 March 2025 Prlncipal funding sources - Hlgher naads SEND fundlng sub-contract8d to Balh Colltrgè - Early Help cornmissigngd contraclwilh Bath and North East Somèrsèt - Youth Work fundèd byTown and Parish Counclls, commissvriingyouth wort(and CIL fundingfrom Bath and North East Somersel Council - Th& Charityhasalso received several grants$nddonalonsfrom localand naoonalgrantfundlngcharibesand inityativgs. R•serves policy At 31 March 2025. totsl funds hold W¢ £1.106.344, of which £359.547 ar• held in resthcted funds and £125.000 in d•slgnated funds,resulting in general reservesg1£621.797. Free reseNes8rè £576.563 IG¢neral Reservesless the n&t book value of fixed assets.. £452341. The reserve policywa¥rewewgd and updaèd byTrustees. Re$8rves are held to mStlgate risksthalcould ultimatalyimF81 Ihe organisation'$obllityto mèèllts obiectsves.which would includp unexpectèd lossesof income orsignifi&4ntunfore costs. On this basis. Ihe Trustees consi¢Jerlh8t fre• reservesshould be betsvegn £450,OOOand £650,000-when outslde of IhS$ range there should be active plans to elthtrr increase ty utilise reserves approprf8lely. The charityhas one designatsd resgrva of£125.000.setasideto COrthe a$sodatedwith comlng toth8 &nd ofthg Earfy Help czmmiSsid controctlh8te$tabllshed theorganisation and trè assoclated support contra¢L8 agreed wlllithe contract. These contracts conduded in M8y 2025 and thls reserve is expected to be fully utllised in Ihe currentyeÈr lund transition of the charitys servSces to an indèpendent provider, renegoliau'cfft of arrdngem&nts with respect lo the charity's properties and to supporttransllonofthe reduclion inthè scale ofthe renewedTargeted Youth Supportcontrart particularly the removal of Youlh Work enablementfrom the seNce$ ¢omm5sgloned. Golng Concern Prln¢lpal rl•ks and unc•rtalntl•s - Contract renewals- The majority of Iho organisalion s incofflè is derived from controcts. Ihg m•jority of which ore longerthan years. The Single largest eontraet, totalling £1,629k with Balh College, is renewed annually. P&04 negouation and rènèwal of thèsè ègre8mants represenlcribcal risk pointslor Ihe conb"nuityand ongtsing su¢cess ofthe organisation. - D•v•loplng ba)nd tho transferfrom BANES - There arg several arrangements linkèdto thè inilal establishm•rrt¢ Ihè org8nis8tion in Ihe transferlrom BANES. including prop8tyand variouselernents of service provision. The transitic of IT services has already been awarded to a loeal IT company, following an open tender, and the proj?ct is larg9ty completed,. howevèr, propÈty18asès and related servi$ remain to be resolved. Overall funding -the financial presSuresfan9 local authorstiesare clearfya ¢h¥llanglngenvironmental lactor. Som of oursetvlcesare a partof a statOry obligation relating to Educallon. Health.and Care Plansof individual youngp#oF48, but olhèr 8r88s fall into araas of discretionary counal spend. - Rl8ing Educatlon Standards- DepartmentlorEducationfundingful¢s arochanglng in 2025 regardThig Ihg raquiremer for English and Ma1hs. These changes require minimum lev¢tsolface-to-facetuits'on that will prov• 8 Challenge to many of the young peopl8 w8 curr8nlly sèrve. the current academiG year is a trial of Ihese change5 and furth8¥ work is d6vèlopment is required. - SalèguardlNJ- The organisabon works with some of the most vulner*Jle young peoF4e in our area. This means that our pra¢tilioners8re partof the netr40rkof professionalsidenthfying, workingwith.and escalating critiGal issuèsof keepi young pèople safe. and need lo operateto the higheststandards. It also meansthatthe stand#rds of$£feguardlng wi our own practicè must also bè high to prevent harm to the young pgople we work wilh. Recrultment and retention of ¥t4ff - Tho signrficant reductions in Ihè funding ofyouth work over the18st decadè arè now fesulling in a significant skill shortag8 in t8ms of qualified youth workers. In addition. our work is rewarding but ehallen9lng, and we compete with a variety of relatsd 8g¢knrs forgood stsff. Factors Ikèty to #ff•et lutswè flnanclal pèrfornianc• or position We are currenlly anticipating an unrsstrsctedfunds deficitin Ihe next financlal year. Thls Is driven by slgnrficantreduetm in funding forouryouth Work programmè.with8 numbgrofsignifi&tSQurC&SOf fundlng comiig to an end. including tha Home Crfflce funded 'Safer Streets, proje¢t and supportfor youlh work enablementfrom V)e Early Help wntracl. The Trustees have taken the declsiontts contlnue to support youbh Wofk seN¢e5 from reserves whilethe funding situation is explored, recognising that the programme musl ultimat•ly be restored to a sustainable position. Th8 antielpated deliat 81s0 includes one-off transltion costs towanls full Independence to be fun¢J8d by Ihg designabj fund. Despite a background of cuts in lorAI authority spendlng, our biggest source of income Ss from supportiTrJ young p wlih Education, H081th and Carg Plan$. wherg Ihe dèmand forour$8rvic85 continuasto exceed ouiability to sul• upour provlslon. Pag94
Youth Connecl Sth West Re istered number: 11953689 for the Year Ended 31 March 2025 pLs FOR FUTURE PERIODS Youth Conned South Wgst Is Committed to ¢onlnuou8 Improvamant and stratagic growth to better serve young peop and their communities. Our plans for the fulure focus on continuing to enhanrR our infraslruclure, developing o programmes and strenglhening ourorganisational capacity. Wilh thè appointmènt ol a naw Chièf Ex8uJts"w Offic8r, YCSW 1$ entering a planned period of setuing in, followed Ery 8 revlew and redefinltion of our stratsgy. During ihis fjme, we wlll continu&to d$livarour current serviceswhile dev8loF*Q Ihem furlherto meetthe needs of young people more effecttvely. Geographlcally, Bath and North East Stsm8rsel8nd Stsmars8t r•m8in our most significant areas of delivery. However, where our services reach Ihe borders of olher local auhoritie8. Ihose boundarfes wlll not prevent us from respondiTrJ b the needs of young people. We will continue to be guided by where there are gaps in provision. - Alternath+t Edu¢atlon - Our Sn¢lusfv6 1èam1ngUrsès8Ubc0ntraCI6dtO Bath Colleg&oregrowing to 95 placesfor th 2025-26 acadern yg8r and we will continue to provide education support alongswje their courses for 48 young peopb. We are contirbuing to develop and strengthen our programme. bubldlng on quality8sstJran¢eand progressMeasUrem In addit'on, we will be exploring ways in which the programme can bediversiliedto increase ourindèpèndenee and abi to offer courses suilablo for young people whose ngeds ar¢ not bèing metelsewhere. - Targeted Employablllty and Support - The renewed Earfy Help commi58i0n runs until May 2027. 0)ntinuiro to magi the Local Authorities. statyjtory obligationkn monitorthe destinationsofyoung peoplefollowiNJ on from 1heir GCSES aTrJ to work with tr)ose who become.or are at rlsk of becoming, not in education, employThentortr8ining {NEEn. Wa Int&TrJ to maintain ourtra¢k r¢¢oid of a lowtrr Ihan avorago NEET figure forth6 aulhorlty. -youth W¢xk- We will continueto workwith Ttswn and Parish Counulsto provldeopen accessyoulh work ses8ion3aThl to advocate to counclls without any youlh provlsion. Operating al scale is enabling us to support the educaoon aTrJ development of professional youlh workers, pa'CularlY through apprenli¢eships maintaniNJ Ihe skills that are in short supply. - Mental Health and Well)eing - We will seek to secure funding ts) rontinua this programme beyond the currenlgrant. - The voiceofyoung people-A parbcularfocuswill beon embedding strong mech8nismsforcapturing Ihevoice ofyourg people and mainstreamiig their input into our praclce and plannng. We are particularly looknng at how we can includ8 Ihe voice of young people in strategic decision-making, as well as in the delailtrd implementstion of our services. Infrastruetur• - YCSW will strengthen its infrastrucbjre. ensuring our systems, prernises and digital tools aro fit f PUTpose and sustainable forthe long term. The platform forthis has beèn established to become indetpndent from Local Authority forour undedying8yStems.giving us greater flgxibilityto 18ilorour tools to our needs. A key developrnert for Ihe comlng year Is embedding the use of a new managemerrt infornat'on system for thg Altemativo EducatiL Programme. We will also conts.nue to pursue Ihe estsblishmentof longer-terrn arrangements for our premls8s. - Stsff dovèloFJmènt - Dèv8lopmènt (>f s naw training plan and starfing strategy is a key task for the next period. Partnershlps and collalx+ration Partnerships with lo1 authoritiés. schools, heallh seryices and commun'ty organisations will remain vitsl, and we will conthnue to Work coll81)ordtively lo rnaximise our impa¢t. STRUCTURE, GOVERNANCE MD h1ANAGEMENT Go¥eTnlng document The charity is controlled by its goveming documen( a deed of tsuyL arKJ ¢onsbtutes a limited company. limited by guarantee. as defined by Iho Companies Act 2006. R•erultm•nt and appointmènt of n•w trust8•S Th8 mernb8rSh ofthe Trust88group has sèen 50m8 ch8ng8 in Ihe p8riod wilh Ihr88 resignations and 0aPPOintmen This ends Ihe period wilh 7 outof a total of 10 positions fi11od. Organlsatlonal structur• The organlsallon Ss a reglstered charfty and o ¢ompany limlted by &¢arantee. As a Publlc Serwlce Mutual. Ils CEO 8nolher 5t8ff membèr arè Trustees. Trustees rneet quarterfy, where Ihey receive reports from the CEO and senior manag8ment in addition to the sub- committèes., at these meetings. Trustees will review the organi8ation¥ developm1. rtteive Ihe subcommlitee minu requests, and act accordlngly. Ptsliclesand proc¢dures8rè approvod byth$ Board ofTwstees', day-t041aydacislon-maiingisdelegated tothg CEO aThJ the senior management team. Page 5
nrnct South W•$t Re sltrèd kwmb•r: 11953689 of th• Trust•es for th• Year Ended 31 March 2025 STrUCTURE. GOVERNANCE MANAGEMENT Induction and tralnlng of n•w trustees W6 are slarting a review of how trustees are supported ovèr Ihè next year. As a minimum. all Twstees will receive an induction pack which contsins the conslttution, roles and rgspon$ibilitles, key policies and expected knowledge information Iheyneed to possessto be an •fféctitrstee.We will also &nsurethat significantupd8tesfromthe Chariti&s Commlssion Ihatimpactlhe charityare dls¢u55ed atTNstee'smeeting5.Trustè8sare expectedtoattend training provld&J by the local volunlary sector nefv4oTks which we are mgrnbols of. Trustees will be gxptsdad to undertake equallthes aTrJ diversity tralning, safeguarding and chSld protection and develop knowledge and leadership in fundraising. K•y manag•m•nt remuneratlon Trustso$ re¢8iv¢ regular updates regarding arhy pay and tarns of employm¢nl ¢hanges. The senior managtrmènt t•an daveloped a malrixopproved by Trust6&s for assessing stsff pay and remuneration. thi8 is rgviewed on an annualbas19 and referred to when Creating new roles and reviewing pay. Reknti¢)nihips wlth related partie¥ and •ny oth•r eharllles and organlsatlo Thè organisaoon is a member of the following networks Bnd organisaions: -3SG Fundraislng regulator Disability Confldentemploy8r - Good èmployment charter Chlldren's and young people neorf[ - SW reglonal youlh work - Somerset Youth Work Alliancg - Tw6rton and Whileway Nètwork . Other ¢harities and organisations we are in pathershlp wilh . Bath City Farni . Creative Twerton - LItUe lost RoboVEmerge - Th¢ Natural Theatre company . Off Ihe Record - City of Bath College - Project 28 - Avon and SomeTset Police - Bath and North East Somèrsèt Council Serious Youth Violence unit and Safer Cillès - Bath Bid - Radstock Town Counal Miésomer Norton Town Coundl - rirnsbury Parish CoLJncll Paulb)n Parish Counc41 - Westtield Parish Coundl - Chilcompton Parish Council Henstr'dge Parlsh Council - Wincantrln Town CouneAI - Casue Cary Town Council - BnJton Town Council - Milborn8 Port Parish Council - Stslbridye Parlsh coundl - Soulh East Somers¢tYouth Parlnership The or9anisation works with olhgr nèfv40tk members lo deliver Its ¢harftsble alms and dr8W$ UP térns of raferen aTrJ path&rshlp agreements lo help 8nsur8 Ihè work is daliver&d suc¢e¥sfully. W Ihere is a lead pather, and financial involvemènta contracl will be drawn up. Rhk manag•m•nt The trustseshxvea duty to idenlfyand reviewlhè rlskslo which Ihe charftyis exposed and loen$uro appropriate WAtr65 are In plac* to provide re8sonablg 88surance against fraud and grror. Fund-ra161ng Slandards Irrformatl¢n The charity does not carry out $19nificant fundratsing advities and does not undertake direct markolfng. All fundrala actiwlies are monik)red by the CEO and ¢he TTUStee8 and a Fundraising Poli¢y 1$ In pla¢e. Th8 charity does not use a professional lund49lsar or commercial parbclpator. The charoty has not received any complaints about its fundraislng. Paga 6
Youth iit•ff•d numbèr: 11953689 Df th• Trust••s 1 M rch202 REFERENCE AND ADMINISTRAMVE DETAILS R?gtst•r•d Compony numbar 11953689 (England Ènd Walès) Regl8t•r•d Charlty numbgT 1186059 Reglstsred offke Southsid8 Youth Hub Kelson View WhitOWAy Bath BA2 1NR Trustè•# Mr M A Bandalli Mrs D Chadda (resigned 23101r251 Ms J Fialdgr Mi C D Gerrish M$ J Lewig (Staff Trustee. Appointèd 04111124) Ms G Millar Ms T L Pike Iresgned 28111124) Rav A S Pltt (Chalr of Trustees) Mr A T J Rummlng-Paln Ms R E Walkar Istsff Twstee. reslgned 18106r241 S•nlor management personnel - Chi$f Exèculiv$ officer- Ms T L Pik8 (Resigned 28111124) - Chief Exècutivè fIcer- Mr S Plummér lappointad 29106r251 Fomierly Head of Operations Ènd Prnetiee Head of Financ& and Bu$inoss - Mr N Chlnnery - Human Resources Business P8ther- Mrs N Fèèl8y lappointsd 021091241 Audiior Sumer Audilco Limited StatOry Auditors Hemies House Fire Fly Avenue Swindon Wiltshire SN2 2GA STATEMENT OF TRUSTEES. RESPONSIBILITIES Th$ trustaa$ {who ara also th6 direciors of Youlh Connectsouth Wesl forthe purpo89sof WTnpanylawlare responsible forpreparing Ihè Rèportof thèTrust&8sand Iha finalaIstslemerts in aCcOrdaEW11b #p1¢*)1eI8wand UThted Ki(M AcfX)unting Stsndar(Is {United Klngdom Ganerally Aecepted Accounting Practice). Cornpanylaw requireslhe twste8S to preparefinanclal statémentsforeach flnancialyearwhichgive a tru& and f8ir vi ofthe state ofaffairs ofthe charitable companyand ofthe incoming r95QUad applicati( of resource$, including incomè and &xpanditure, ol tt)0 charitable compary for that period. In prtrp¥riDg those fSnandal slatements, the trustees or$ rgquir$d to select suitsble accounting policies and then apply1hem conslstently,. observe the methods and principles in the Charity SORP- maka judgaments and estimates that afe reasonable and prud¢nt prepare the flnancSal statements on Ihe going concern basis un105S It 15 inappropriate to presume that the charitsblè company will conl.nuè in business. The trustees are responsible for keeping properaccounting rgcordswhich dlsdosewith reasonable accurÈcyat any bm Ihe financial positionof thecharitablecompanyand to enablethem to ensure thatthe financlal statementscximplywithfre Companles Act 2006. They are also responsible for safeguarding thg assets ol the charttable company and h8ncÈ f tsking r&asonabl& steps for Iha prevention and detection of fraud and other irregul8rfles. In so far as the trustegs are aware.. there is no relevant audit information gf whirh tho charilable ¢ompany& auditors are LEnawarè.' 8nd th& truslees have taken all steps that they ought lo have taken tr> make Ihemselvas aware of any rglevant 8udt Infomiation and to eslablish that Ihe audliors aro awar8 of Ihal information. Page 7
Youth on outh West Re Stere r- 11953689 of thè Trustees for th• Y•ar Ended 31 rch 2Q25 AUDoRs The auditors. SumerAudltco Llmited, wlll be proposed for re-8ppoinlmgntatthe fcJth¢omlng Annual GoneTal Meelng. ApprOd by ordèrof the board of trustee8 on .b. .....1£*- UIS and $lgned on Its behalf by.. Rev A S Piti- Trusteè Pagg 8
R• rt of th• Indo nd•nt Audltors to Ihe MeMr$ of Youth Conn•¢t Souih West Op5nion We have audited Ihe financial statements of Youlh Connect South Wgsllkng 'tharitable ¢ompanV) for the year end1 31 Maich 2025 which comprise Iha Statam&nt ol Financial Activlties, Ihe Balance Sheèt. Iha Cash Aow Statemènt aThJ notesto the financlal slaternents. includlnga summwyof slgniffi¢8nla¢eoLJntingpoliCi.ThefInanclaIrePDrngfRrnIk that has been applied in Iheir preparation is applicaelaW and United Kingthm ACCOUnn Standards (United Kin9knn G9n¢rallyAPt9d AUnting Pra¢ti In our opinion the fin8ncial statements- give a true and fair view of Ihe state of Ihe charitable cofflpanY$ affalts as at 31 MBrch 2025 and of its incomir resources and application of resources. including its income and expenditure. foi tho yoaT Ihen end6d.' havg begn propgrly prtrparod in a)[danCe with Unitèd Kingdom Generally Accepted Accounung Practicè.. and have been prep8red in a¢eordaneè wlth thè rèqulrèmènts of tha CornpaniesAct 2006. Basls for opSnlon W¥ eonductèd our auditin accordancewith Intemathonal Standards on Audlting IUKI IISAS IUKII and appIlble law. O responsibilities under those standards are futherdgscribed in th8 Auditors, responsibilities for the audit of thè flnaniial ststsments section of our reporL We are indgp8nd8nt of thè eharitsble company in accordance with Ihe elhi¢•l requirementsthatare relevanlto ouraudilolthe linancial statements in thg UK, including the FRCS Ethical standard.81 we have fulfilled our other ethical responsibilie$ in accordance with Ihese qUirements. We believe Ihat Ihe audl 8vidgnce we have obtained 1$ suffintand appropriat¥ to provlde a basis for our opinion. Conclusions r•lating to gokng c¢)n¢grn In audSUn9 the fSnanaal statements, we have concluded thalthe Irustee8' u89 of the going COnM baslsof accounting n Ihe Pparall0n of Ihe fSnanclal statements is approprtate. Based on the work we have perfonned,we have not identified anymatèrial uncertainliesrelaling to events or condltior bhal, IndlvSdually or collectively, may cast $ignificant doubl on tre charitable CoMpanS ability to continue as a going neem for a pèriod of at leastfr•selve months from when the financial statements 8rg authorisèd for Issue. Our responsibilitiss and the respon$ibililies ol th$ tru$tg0$ wilh rèspèct to going conc8m aro described in the rglevar sections of this report. Oth•r Inforniatlon The trustees are re$pon8lble forthe other Infomatlon. The olher Information cornwsés Ihe informaJon Indudgd In Annual Report olher Ih¥n thg linon¢ial $tatemgnts ond our R8portof Ihe Ind8p8ndont Auditors thereon. Our opinionon the financial stsiementsdoes notcover the other information and,exceptto Ihe 8xt8ntotherwiseexplicify statsd in our report. we do not express any form of assurance conclusion thereon. In connection with our audilof the finan¢i818talern8rrts, ourresponsibility isto r8ad the other informabonand, indoin9 50. considerwhetherthe other information ismateriallyinconsistenlwilhthe fin•n¢lal statementsor our knowledgeobts1j In the audStorotherwise appearsto be mater01MIsstaled. Ifwe idenb'fysuch mat8rialinconsistenaesorapparentmatwi mIsstatements,wea required todetemiinewhetherthis givesrise to a material mi8ststementin thefinancial Statemts themselve5. Ir. based on Ihe work we have performed, we ctsnclude that there is a materi81 misstslemenlof Ihls other inforn)ation, we are required to reportthat fa¢L We hav8 nolhing to rèport in this ragard. Oplnlons on oth&r mattors wo$crId by1 Companlg$ kt 2008 In our opinion, based on the work undertaken in the course of Ihe audit Ihe Informati givan in Ihe Reportolthè Trustoos forthe financial yearforwhich Ihefinan¢ol $tatemgntsarg prepar8J 1$ consistent wilh Ihe fin8nci81 statÈmenls,' 8nd the Report of the Trustees has been prepared in accord8n¢¢ wlth appllcable legal requirements. Matters on whlch we are required to report by exception In tho light oftho knowledge and understandSng ofthe charilable company and its environmentobtalngd In th8 course cl the audit. we have nol iden"lied matèrial misstAtéments in thè Rèport of the Trustees. We have nothingto rèport in réspèdtsf Ihè following mattèrswh8th& CompaniesAcl 2006 requires us to reporttrj you if. in our opinion.. adoquate accounong records have not been kept or rebJrn3 adequatg for our audit have not been received frcm branchès not vlsitèd by us,, or the financial statements are not In agreempnlwith th9 8ccounJng records and r8tyms- or certain disclosurès ol trLJStèès' rèmunèration spèeifièd by law are not made., or we have not received all the infomiation and expl8nation5 wa require foi ouraudit- or the trustees We nol entsoed to take advantage of the small companiesgx$rnption from the requirementto preparea Stratègic Rèport or in preparing the Report of the Tnjstees. Page 9
R•¥pon¥lbllllig$ of truBt••s As explained more fully in the Slatement of Trustees, Responsibilities. Ihe trustees (who are 81$0 thè dirèctors of the charitable eompanyforthe purposesof eomp8nylaw)are responsibleforthe preparation oflhe finandal statements aTr for bging sgti¥fied thalthey give a true and fairview. and forsuch inlgrnal wntrol as Ihe trusts8s delem)ine is necessary trj enable Ihe pparatiOnoff1n8nClal $tatemtsthaIare free from material misststsmenL whether due b fraud or error. In preparing thefinawialstatements.thetrustees are responslblefuassessingthe charitabb compaw 8bilitytoeonlmue as a goin9 concern. dlscloslng, 8s appllcablè. matters related to golng concern and using the going concern basis cl aCuting unlgssthgtrusleeseitherintsnd to liquidatethechaTilablg LX)mp¥ryortOC80$• op•rations, orhave no r•allsl Itèmabvo buttrj do w. r responslblllU•s for th• audll of th• financial stat•m•nts Our objeclvesareto obtalnreasonabte assurarrte abwtwhetherlh6flrAnekal statamentsasawhole arefreefrun mateMI mis$tstgmgnLwhglhordugto fraud or eThor. and lo issue a Report of the Indgpgnd¢ntAuditors thal indudesour op1n5. Rèasonable a$suran( is a high level of assurance. but is not a guarantee trat an audlt eonductèd In 8ccordaneè wih ISAS IUKI will alwaysdetect a material rni5Stalementwhen itexists. Misstatementscan ari58 fiom fr?ud or error and ar8 con$ideTed material if. indivldually or in tt)e aggregate. they could reasonably be exptrcted to Influ&n¢e the e¢ortom deasions of users taken on Ihe basts of Ihese finandal statements. The extentto which our procedures are capable of detecting rrregul8ritie8, In¢ludlng fraud 1$ dèla11 b•low: Based on ourunderstandingof Ihecharity and Ihe provSsion ofyouth service$, weidentified Ih8tthe pt1paI dsks of non- compliance wilh laws and reguklons related to safeguarding. health and salety, employment law, Companle8 Act 2(tK8 and Charity Law, and wg ¢on¥idgTgd th? gxtgnt to whith non-wmpllae might have a materfal effect on the flnanc slatémènts of Ihe eharfty- Wè also condèrèdth0SÈ laws And règulauonslhat h8v8 a direct impaeton the preparalionrf th• financial $tslsrn&nts ¥uch a$ thg CompanigsAct2006 and th& Charify$$ Slat•rnént of Ree(Jmmended Practice. We avaluated rnanagemèrfs Incentivesandoppo1tif0rlraudultMar1pU1atcffi of thefInal statemerts{5ndJ Iha risk of override of controlsl and det8rmin8d that the princip81 risks wtrre r8lat8d to revenue recognit'on, managent ovarridè, and pot8ntial18ekof sègrégalon ofdulfiès.Auditproeèduréspèrfom8d bythe audilengagementleam includ&J'. - diseussionswith manogem&nL indudingron$ideiation ofknownorsusp6Ct&d Snstanees olnonacompsar with laws aTrJ règu18tsons and fraud. - understanding and review of managemenvs inlemal contro18 deslgned to prtsvent and d$ts¢tiYre9ulartlle$. and fraud. - review of the minutes of Ihe Trustées meetings.. - review of tAX ctsmpliane6'. -designlng audit pro¢tsdur¥s to in¢orporat& unprgdi¢tsbility'. - p8rforming8n8lyticd procedu$10 identifyany unu$u81 orungxpected wlots"on$hlpsthatmlghtindlcate rtsksofmaterHI misststsment due to Iravd.. - reviewof thefinanci81 statemtsdi$CI0SUreSand testing to supportirKJ docurnentstiontoas5958 complianwith rplgwrt laws and regulations discussed above.. enquiring ol management about actual and potential litigation and claims; - testing transactions entered into outside of th8 nomal course of the charity busine8s- and Idèntifying and tsgtrng joum81 ¢ntrfe$, In p¥rU¢ular any loumal onknes wilh fraud charaeteristlcs such as loumals wlth round numbeTr. There are inherenllimitationsin Iheauditproceduresdescribed above and thefurtherrgmoved non0Ml•ewlth I and regulalons is from Ihe events and the transactions reflected in the financial statements, tho less likely we woukl become aware 01 it Also. Ihe risk of not detecting a material mlsstatemenl due lo fraud is higher than the risk of not detecknng one rèsulting from error. as fraud may involve delibtsratè concèalm8rt by. for example. forgery or intentiorol mlsrepresentsts"ons. or1hrough ¢olluslon. A futhor dtr$¢ription of OUT responsibiifoes for Ihe audit ot the financial 8tatsmènts is Iitrcated on the Flnancial Reporti Council'swebsite al www.frc.orgMklatJditorsresportslb111116s.This descriptionformspartof our Report of th¢ hd•pnd4)t Auditors. Page 10
rtoft Ind nt Auditors to th• Members of Youth Conntrct South Wèsl Us• of our r•pryl This reportls made solelylothe charitable compary's mgmbors, asa body, inaclanwlth Chaptar3 ofPart 16 01 the CompartiÈsAet 2006.our auditwork has been undertaken so1hal we mlghtstste to the charftable mpanI$ mem bhose matterswg are required to stalg to Ihèm in an audltors, reportand fornootherpurpose.To Ih•fulleslextentpermilI by law, we do not accept or assume responsibility to anyonè olher than the charitable company and the charttat4e company's members as a body, for our audit work, for thi$ rèpor( orfor the opinions we have forrned. James Gare FCA DChA1$8nSor Ststutory Auditor) for and on behalf of SumerAudikn Limitèd Statutory Auditors Hgrmgs House Fire Hy Avenu$ Swindon Wiltshire SN2 2GA Dats.. 13 November 2025 Page11
Youth Connect South West tate IvltS0 ratin an Income and Ex nditure r the Yoar Ended 31 March 2025 2025 Tolal funds 2024 Total funds unresded funds Reslricted funds Notss INCOME ENDOWMENTS FROM Donalions and legacies 14,104 4SS.157 469.261 336.708 chArkab adkvltlo¥ Youth and Community SeNices Social enterprise- Cafe 2,645.001 3,323 2.645,001 3.323 1.800.842 32.333 Other trading act118 lrtvésh)¢nt In¢tsme 1,347 12,374 1,347 12.374 3.018 1.967 Total 2.676.149 455,157 3,131.306 2.174,868 EXPENDrruRE ON Charttabk aclt¥ltloS Youth and Community Services So¢i81 ènt8rprfse- Cafe 2,372,775 3,156 245,013 2.617,788 3,156 2.220,467 16.252 Tot•1 2,375,931 245,013 2,620,944 2236.719 NETINCOMW(EXPENDrruREI 300,218 210,144 510,382 181,851) RECONCIUATION OF FUNDS Totsl funds brought forward 446.579 149.403 595.982 657.833 TOTAL FUNDS CARRIED FORWARD 746,797 359.547 1.106.344 595,982 Th& notes form part of these flnanclal staten)ents Page 12
Youth r.. 119536 2025 2024 Notes FIXED ASSETS Tangible assets 45.234 56,261 CURRENT ASSETS DebtOTS.' amounts falling due wlthin ono ygar C8sh at bank and in hand 16 288.495 1.223.438 110.954 592.195 1.511.9&3 703.149 CREDrroRS Amounts falllng due wilhin one year 1450,8231 1163.4281 CURRENT ASSETS 1.061.110 539 721 TOTPL ASSETS LESS CURRENT UABiunES 1,106,344 595.982 NASSET5 1.106.344 595 982 FUNDS Unrostricted funds- Genèral fund Deslgnaled fund - transition ¢osts 20 621,797 125,000 321,579 125.000 746.797 446.ST9 ResctOd funds 359A47 149,403 TOTAL FUNDS 1,106,344 595.982 These finoncial staternents have boen prepared In a¢o)rdance wlth the provisions applicable to charitsbl8 COMpaS subjecttD Ihe small compani8s regime. The finanual statem&)ts were approved by the Board of Trustees and aulhorised for Issue on .......... and w&r& signed on its behalf by.. C D GeThi$h-Tru$tee The note8 fom partof these financial statements Page13
ash tatem•nt IM rch2 25 2025 2024 Notès Cash flows from op•ratlng actMU•s Cash generated from operations 633,428 107,389 Nel cash provided by operating adivities 633,428 107.389 Cash Ilws fr•)m Investlng a¢tfvitles Purchase ofIanb f1>2d assets Interest received 114,559) 12.374 19.3201 1.967 Net cash used in Snvesting advStie8 .185 Change In cash and cash eqthaknnts thg rfjportlng porlod Cash and cash eqthialents at the b•glnnlng of the r•porting p•riod 631243 1 W.036 592.195 492 159 Cash and cash equlvalents atthè •nd of th• reportlng period 1.223,438 592,195 Tho notes form part of thgse financial statements Po98 14
Youth Con
shF
for th• Yea
1 March 2025
RECONCIUATION OF NEf INCOMEI{EXPENDITUREI TO NET CASH FLOW FR
Yothh Conmet South W•st ot•8 toth• Fknala statoments for the Y•ar Ended 31 March 2025 STATUTORY INFORIMTION Youth Conn8Ct Soulh Wesl Is a charllable company Ilmled by guarante8. wlthout shar8 capltal, Sncorporat8J kn England and Wales. In the eventof Ihe chamtybeingwound up,the li8bilityin respect of Ihe guarantee is limit&J b £1 per memberof the charily. Th6 r&glstsrod offic• addressand prinaploacJvlti8s oflh• charlty can ba found In the Trustees, Report. COUNTING POUCES Basls of w•parlng tho flnanclal stat•m•nts The flnanci81 statements of the ¢harflablè ¢trmpany, whi¢h 1$ a public ben8fil ontity undor FRS 102, hav8 been pr¢pared In o¢cordancg wilh the CharitiesSORP IFRS 1021'Accounting and Reportsng by Charities.. Statementof RewrnmendedPractice applicate tocharfoes preparkng th&lraccounisln accordancewSth the Rnanclal p0rIa Standard applicable inthe UK and Republleof Ireland IFRS 102llefleclve 1 January2019I', fin8nci81 Reportlr Stsndard 102 The Financial orIng Standard applicable in the UK and Republicof Ir8land' and lh8 Compa Act 2006. The financlal statements have beert prepared under Ihe historical cost ¢onvenUon. The financi81 statementsare prepared on a going concem basls und•r tha historical cost conv•ntion,mOdifi b include certain itemsatfairvalue. Theflnandal statemenlsare preparedln sterfing whlch Islheluneltonalcurruty of the charity and rounded ty) the nearestpound. Th•r• art no $ignlficanl areas ofjudgements or key Sources of estimation uncertainty. Golng conc•rn As noted In tre Trustees Report, Sin the last annual Bceountswere published.YCSW has passed a nvmbttd Iho significantmllaston&8 In b8eoming fully Indepen(tsntfollowing Its estsblishrnertby thè l0¢318uthorfty. The r•eommis$Iirg of tho original Targeled Youth Support contract has been won through competitive tender aTrJ Iheoryanisation h8se$lablishedall ofitsown supportserwces and suppfjerrelatitsnships. Propety leBsests>The PrOpee8 remaln the one outstandSng arga in 9Stablishing full Sndepandence. We ar8 currenly anlicipating an unrastrictèd funds dèficit in lha naxt fin8nci81 year. This is drin by signifi(y reduction In fundSng forouryoulh Work programme.with a numbgrof significanlsourcesof funding corning to an end,indudin9thg Horne 0efued,saferStreets, projecland BUPPCrtforyouth work enablementfromlhe Eaty HelpcontracL The Truslees have taken the dg¢i$ion to¢3)ntinu6to supportyouth work $ervicas from rs$arv&sbth Ihe fundlng situation is explored, recognising Ihat the programme must ultimately be restored to a sustainaNe position. Thè antipatsd deficit 8150 indudes one-off transit'on costs towards full irndependere to bè funded by Ihè de$ignaled fund which was established for Ihat purpose. Despite a background of culs in local aulhorfty spending, our blgg8st sourc8 of incom8 is frorn supporbTrJ peoplewio) Edueation. Health8nd ca Plans. wherèthè dèmand foroursÉMcès eontinuèsta Èxeèèd our abilty to scal6 up our provision. The Trustèès ¢on8iderth8t ihgre are no rnaterial uncertainJ6s concemlng the Charity's abilty to con1bnue as a going concern. Incomo All income isracognlsed In tha Slatèmentof FinancialActivitiés on<* Ihé thxrity has éntitlèmentto thé funds, it Is probable thatthe In¢omtr will b¢ r¥ctrived and the amountcan be measured reliably. Inwme Irorn gov8rnrnentand other grants, whether'capital, grants or 'revenue' grants, is recognised when the charity hasentillementtothe funds.anyperf(miancecondonsatt8eh8dto Ihe grants have been met, itls pro4& thatthe income will be received and thè amount can b8 m8asurèd r8118bly and Is notdèferred. For legacAes, entitlemènt is tAkan as thè èarli8rof: - the date on whlch the ¢harity is awar$ that probats ha$ been grantsd-, - the estsle has been finalised and notification has been madebytheexecutorlslto the Trustthata distributiony be made- or -when a distribution is received from Ihe eslate. Recelpl of a legacy, in wholg or In part. Is only ¢on$idered probable v4h¢n the amount¢an be m¢a$ured reb
nd tha d)arity has been notilied of Ihe exgcutots intsntion tt) make a distr'bution. Vvhere legacies have bgwh
nolfled tr1lhè charity, or Ihe charfty is awareof the granting of probat8,and the criteria forincome recogniticfj haN not been met. then th*1¥9¥ is g tr98tsd a3 a contingent8ssel ané di8closed if matOri81. Pag• 16 cOnlnu...
Youth Soulh W•st Not•s to the Flnanclal Statemont¥ - eontlnuod f¢x Iho Year End•d 31 March 2025 ACCIYJNTING POUCIES - Contlnued Expendlturo Llabilitiesare recognIs as expendture assoon aslher• Isa legal orcon$truclv8obligationcommitting the chaty to thatexpendiiure, itis probablethata transf8rof aeonomtc benefitswill be Tequirèd Sn setNementand the am¢xrt of the (>bligation ean b& m&asured reliably. Expenditure is accounted for on an aecftJ8ls basis and has b dassified undérhè8dings thataggrègate all cost relatsd to the ¢alegory.Where costs cannotbg dir8cUy athibubj to parbcular headings they have been allocated to acthvities on a basis con$istsntwlth Ihe use of resource¥. Irr&¢overdble VAT is charged ogainslthe eXpendIre hoading for which itwas inrred. Redundancy and temination ¢o$ts are wcognised as an expense In Ihe Statementof FinancSal Aclivib$$ and a Ilablllty on th8 Balance Sheet immediatsly atth& point an obllging event has takgn plo¢9 Allocatlon #nd apwtlonm•ni of Costs All costs are allOtd bglwegn Ihe oxpendlknre cateoories in thg Ststement of financial Advottes on a bas designed to reflect the use of the iesour¢&. Costs lating to a paTtt¢ulate activity are allocated dire¢ly. Suppat (x)sts, indudlng govèmancè costs, aro apportioned on th¢ basis ol 8SMated a9gregatg tirntr8xpended on ea activity. Tanglbh ftx•d as¥•t• Depreaalon is provided althe following annwl rates in orderto wrlte Olf each ass8t over its eslmated useful lif¢. Fixtures and fitbngs Motor vèhldès Computer equipment 25% on straight line ba81S 20% on stralght line ba$is 25% on straight Ilne basis Flnan¢kl Intstrun•rts The charity has minimal exposuré to Customer credit risk. liquidity risk and market risk. Please rgferlo the risk secfjon ofthè trustses annual r8POrtforinformation on how risks arè managed. The charitydoe$ not have any nc basicfinancial instruments. Debtors Trade and other debtOTS ar? re¢ognised at the seement amount due Bfter any trade dls¢ount offergd. Prepayments are valued allhe amount ppaid net of any trade discounts due. C8$h •t bank •J)d kn hand Cash al bankand ¢a$h in hand Includes cash and shortterm highly liquid investmentswith a shtsrtmalurityof three months OT les$ from th¢ d8tè of aequlsltion or opening of the depo$lt or slmilar account Cr•ditors and provisions Credltorsand provlsions are recognised wherethecharity hasè presentobligab'on r8$ulting froma pastevent Ihal will prob8bly rgsull in tho transfer ol funds io a third paty and Iha amount due to $8tlle tha obligab.on can be measured ore$tim8t8d rèliably.CreditorsBnd provisions are nornally recognlsed atlheirseluementamountaf allowing for anytrade dS$¢ounts due. Hnancjal Instrwnents The Ghatity only has finanaal assets and financial li8txliti6s of a kind that qualify as basic flnancial Instrum*. Basic financial inslruments are initially recognised at transaction value and subsgquenlly MaasUd at the5r setllemenlvalue with Ihg gxGgption of bank loans which arè subs&quenly measur&Y alaM0$¢d tost usiro effective interest method. Taxation The ¢h8rfty is exempt from corporaoon tax on its ch3rhabl8 aelvlles. Fund a¢¢ountirtg Unrestricted fund8 can be u$gd in oxordancè with the charitablg objgGtivos at Ihe discretion of thè trusteés. Restri¢ted funds can only be used for parbcularrestrict8d purposeswlthln the objects of charity. Resln'ctions arise when specifled by Ihe donor or when funds 8rè r8ised for particular restricted puryjoses. Further explanation of th• naluro ond purpose of each fund is indud¢d in Ihe notes to the finandal $latements. Page17 continued...
Youth CoM•ct South West e$ to thg FInal41 Stste ents - contlnu•d for the Year Ended 31 h202 ACCOUNTING POLICES v contknu&d P•n&lon costs and othgr postwr•tlrom•nt bongfft8 The charitable companyoperatesa defined contn"bution pensi( scheme. Contributions payablo10 tho thari* companys p8nsion scheme aracharged tothe StatementofFinanaalA¢tivities in the period to whlch thay rel8t•. Retirgtllenlben9fitskigrnploye98are8lsopwdgdbythe Lo1 &)vemmantPonslon SchemeliGPS?.Thls Is a defined benefil scheme.The LGPS is a funded multi.empbyer schème and th8 assèts am hèld s8paral•ly in separatetrustse administered funds.The LGPS is managed byAvon Pension Fund.On t•rmlnathon all the assets and liabilitiesof the charrty wlll b& subsumod bylhe Council into its potwithin the Pension Fund, and Ihe Pens Fund will not requesta temlnation paymentfromthe eharity.Therefore Bath and NoTth Eastsomersetcouncil ap liabl¥forthg LGPS deficiland as such any deficilon th9 $chtrm¢ is not racognlsod In these accounts. The LGPS is treated as a defined contrSbuUon scheme In Ihese accx)unts. DONATIONS AND LEGACES 2025 2024 Donations and grants 489261 336.708 OTHER TRPDING ACTIVITIES 2025 2024 Other income 1,347 3,018 INVESTMENT INCOME 2025 2024 D4posit 8etsJunl int¢re¥t 12,374 1,967 INCOME FROM CHARITABLE AcnvmES 2025 2024 Advlty Youlh and Community Sèrvicts Grants Youth work contracl sessions and other support Souths Youth Hub )eth"ngs Cafe sales 5,084 12.439 Youth and Communlty Servlces Youth and Commvnity Services SocSal enterprise - Cafe 2.631,939 7.978 3,323 1,774.340 14.063 32,333 2,648,324 1,833,175 ants r8C8lvad. IndUd In th• abova, ar8 as lollows= 2025 2024 Access to work 5,084 12,439 Pag8 18 continued...
Youth Notes to the Flnaneial Statèm rEn •CO CHARITABLE ACTNMES COSTS Direct Costs (see note 81 Support costs1588 note 9 Totals Youlh and Community Se¢8$ Soclal enterprise- Cafe 1,976,631 3.156 641,157 2.617.788 3,156 1.979.787 641.157 2.820,944 DIRECT COSTS OF CHARITABLE ACTNMES 2025 2024 Staff costs A¢b"vities and sessSon dellv8ry costs Prernis?s Travel Sundrfa$ Cafe pUhaseS and repairs Depreciation 1,650,861 150,821 114,114 31,501 3,749 3,156 25,585 1.422.629 121.503 107,966 29.138 3.430 18.252 24,787 1,979,787 1.725,705 SUPPORT COSTS Governanee costs Management Total8 Youth and Communlty SeNces 604.414 36,743 641,157 Support costs. included in the above, are as follows: 2025 Youth and Community Servlces 2024 Total aclivllJes Wages so91 sècurity Pensions Insurance Postage, IT And st2tionery Advertising HR vrf•llb¢ing and tralnln9 Irrecoverdble VAT Auditorfs rernuneration Legal and consullancy fees 381,978 33,894 28,377 18,013 59,027 617 51,397 31,111 18,204 18.539 290,343 27.167 38,729 14.423 48.344 378 34.699 22.594 29.087 5250 641.157 511,014 10. NET DJCOMWIEXPENDITURE) Netlneomellexpendlbjrel Is stated altor chargin(credI1iDg}- 2025 2024 Auditoes remuneration- Auditing of the aounts Auditorfs remuneration- Othar non4uditservices Depre(ialOon - owned assets Operaling lea8e- rent 12,000 6.204 25,586 22,000 11.000 18.087 24,7e7 22.000 Page 19 continued...
Not•s to tho Flnanelal Stat•m•nts • contlnu•d r Ended 31 March 202 TRUSTEES. REMUNERATIOM W4D BENEFrrs Th8 Trustea, T Pik&. was amployèd by1h8 Charity. as pèr thé Charltys eonstliuthon, as Chief Ex8uJtivo Officor, •nd e8m¢fl gro$$ $818ry including other èmployee benefits of £73,26912024: £60.129) and employers pernk )ntrlbutlon of £7,79612024= £13.9501. The Trustee. RWalk8r. isemployed bytha Charltyasa youth workerandwasihestsff representative ontheboaTd 10 18th Jun8 2024 . and 8am8d, for thé p6riod sha was trusts8. gross salary of £6,59412024'. £25,622) ¢mploy¢rs ptrnsitsn ¢ontrlbvtitsn of £39612024.. £1,136). The Twstee. J Lewi3.is employed bythe Charityas a youlh workerand was Ihe slaff representstive on Ihe board from 4th November 2024 , and eamed. lor the pèrfod she w8S trustee, gross salary of £15.46712024'. £nlll •mploy8rs panslon contrfbution of £93712024.. tnil). Thé abovè only rècèlvè remuneration in respectofstsff memb8rsunderthèlreontraets of èmploymèrtand not in respectof their role as twstee3. Th8r• wèr• no othèr trustèas, rwnunèration or other b8nofts for th8 yèar &nd•d 31 March 2025 nor forthe y8ar ended 31 March 2024. Trte¢S. expeM•¥ Two trusteos claimad milaag& totalllng £32512024.. Non81. 12. STAFF COSTS 2025 2024 Wages and salari8s Social seojrity eosts Other pensicn costs 1021.715 148,Of3 125,372 1,539,633 124.404 114,831 2,095,110 1,778,868 The averagè menthty number of employèes during the yeorwas as follows: 2025 2024 Managwnent Business tean Targeted Youth Work Learning forwork Southside Partnersh# for Learng Educaticffj Supp)rt Services Aliemative ECatici Progrwnme Acad•nic and CurrirJJlun Tga 15 19 15 16 15 85 74 The numberof employ8eswh059 grnplOy bene)lts lexcluding emplwerponsion ¢osts}excoedod £60,OOOwas: 202$ 2024 £60,001- £70.0Tr) £70.001 _ £80.OQ) The average monlhlynumberofemtA¢yee$.Includkngmembetsof1he m8nagementteam.calculBted on a ful Ime equivalent basis was 6012024 '.521. Koy manag&m&nlporsonn¢lforthe charity comprls$slhg Twstge. Iha ¢h19fax8cul0floCar.h•ad offinanc8 at)J busSnes$. and hijmart sources bu8iness partner. The total èmpk*yee benefltsforkey m8nagementpersonnd the charity were £260.055 12024.. £244,600). Page 20 conbnued..
Youth Conn•Gt South We Notes to the Flnancl l£rth•Y r End•d 31 Marc - continu•d 12. STAFF COSTS -contlnued Included within wages and Salaries ar8 t8minaUon payments lotalling £30.OOLI12024: £3,232 redund¥rf¥ p8ymentsl. 13. COMPARATNES FOR THE STATEMENT OF FINANCWL ACTNMES UnrestrlctÈd funds Rastricted funds Totsl funds INCOME AND ENDOWAIENTS FROM DorbationB and legacAes 40.202 298.506 336,708 Charitablè a¢tlvttl•$ Youth and Comrnunity s•rvis Social enterpSe- Calg 1,800,842 32,333 1,800,842 32,333 Othor tradlng activities Investmentinc¥)me 3,018 1.967 3,018 1,967 T4)tal 1,878,362 296.506 2.174.868 EXPENDMJRE ON Chariiabl& acii4frtiwJ Youlh 8nd Community S8NScos SocAal enterprise- Cafe 1.984.920 16.252 235,547 2.220,487 16252 Total 2,001,172 235.547 2.236,719 NEf INCOMEIIEXPENDrruREI {122.8101 60.959 161,8511 REC(JY¢IUATION OF FUNDS Total funds broughtfoard 569,389 88,444 657.833 TOTAL FUNDS CARRIED FORWARD 446.579 149,403 595.982 14. GOVERNMENTGRAJ4T INCOME 2025 2024 Balh and N¢rth East SomersetCouncll- grants Home Otfice Wesl of England Combin#d Aulhorlty Departrnentfor Work and Pensions- Access t¢ Work 56,765 52,575 9,788 40,609 86,413 29,171 12,439 There were no unfulfilled condit'OTB oro¢her contingencies att¥¢h•d to these grants. The charity ha$ nol dlrecty benefitgd frgm any otherforms tsf govemment assistance. Page 21 C0ntinLd...
t)nn•ct South W•st Not tements- c¢)ntlnuod 1 Mareh 2 nd•d 15. TANGIBLE FIXED ASSETS Fixbjres 8ncl fillings Motor vehicles Comput•r equipment Totals COST At 1 April 2024 Additions 33.489 4.198 33,865 47,809 10.361 115.163 14,559 At 31 March 2025 37,687 33.865 58.170 129.722 DEPREcTIoN At 1 Ap1 2024 Chargè for year 18.575 6.482 21.452 6.440 18,875 12,664 58.902 25,586 At 31 March 2025 25,057 27,892 31,539 84,488 NETBOOK VALUE At 31 Mareh 2025 12.630 5.973 26,631 45,234 At 31 Mard) 2024 14,914 12A13 28,934 56,261 DEBTORS.. AMOUNTS FALLING DUErHIN ONE YEAR 2025 2024 Trade debtors Other debtors Prepawments and aecn*d inrryne 40.123 40 248,332 6,927 104.027 288,495 110.954 17. CREDrroRS.' AIIOUNTS FALLING DUE VI1H1N ONE YEAR 2025 2024 Tradè crèditors Soclal security and othertax8S Other cdItorS AccNals and def8rr8d incom8 40.869 51,112 34,645 324.197 19,592 35,926 22,170 85,740 450,823 163,428 18. LEASNG AGREEMENTS Minimum18as8 paymènts undèr non•C8nl18ts1e operating lease5 fall duo as follows= 2025 2024 Wilhin one year BgtW09n 8rKI file yoars 22,000 51,333 22.000 51.866 73.333 73.866 Page 22 continued...
nn•ct Soulh W•st Notes to the Flnanclal Statomgnts - eontinuèd for the Year End•(131 March 2025 19. ANALYSIS OF NET ASSETS BETWEN FUNDS 2025 Total funds 2024 Total funds Unrestrfcted funds Reslrictsd funds Flxed assets Currènt8ss8ts currentllabili16e¥ 45.234 1.152.386 1450.8231 45,234 1.511,933 1450.823) 56.261 703.149 163.4281 359.547 746.797 359,547 1,106,344 595,982 20. OVEMENT N FUNDS Net movement in funds At 31.3.25 At 1.4.24 Unrestrlctsd funds Genoral fund Dèslonatèd fund - transition costs 321.579 125,000 300.218 621,797 125,000 446.579 300,218 746.797 R¢strlctsd lunds Youth work Wellbeing Section 108 and Community Infrastrucbjre Levyfundlng Effe¢llve Translllons Warm spac8S Violence reduction Mitchell memorial Summèr and holiday fun Crime prevention fund Stre6t to studlo Art awards WECA- HERS projoct YoLFth dubs In Bath Southside arxe88 to food Muslc room Radstock sports hall Football kit Chlleompton youth work stonggr Stsrts Sustsinable Support Balh Women's Fund Mens Creative Mental Health Programmg Padstock Kitchen Sportèd Footb811 Dorsel Youth Fund SES Holiday and Sport 43.598 20.010 113,249) 1,229 30.349 21,239 28.615 11651 1.250 25.303 18,284) (1,2SO} 18) 150 {2.398) 15,000} 15,375) {3.480) {17,000) 19.750) {736} 1197) Isoo) 142 187) 560 217,097 9.312 13.115 1.044 423 6.293 2.790 53,918 (8,4491 440 2.398 5,000 5.375 3.480 17.000 20.000 736 300 500 1142} 1.000 590 10,250 103 913 560 217.097 9,312 13.115 1,044 423 6,293 2.790 149,403 210,144 359,547 TOT FUNDS 595.982 510.362 1.106,344 Page 23 continue(l...
Motèx totht Finaneial Stat•m•nts . 20. MOVEMENT IN FUNDS- continued Net movernent in funds, included in Iha 8bov8 8r& as follows: Incomlng re8our¢•s Resourcas 6xpended Movement In funds Unrestrlctèd fun¢l• General fund 2,676.149 12375.931) 300,218 Restrlcted funds Youth work Wellbeing Section 106 and Community Infrastrucbjre Levyfunding Placement funding Elf¥ctivo Transitions Safer streets Warm spaces Wiolence reduction Mltchall memorial Summèr and holiday fun Crime prevention fund Streetto studlo Art awards ECA- HERS prolgct Yr)uth dubs in Balh Southside acces5 to food MusSc room Radstock sports hall FoDtball kit Chllcompton youlh v40rk stonger Starts SustaSnable Support Balh Women's Fund M•ns Cr•ativ8 Mtrntal H•alth Programm8 Radstoek Klt¢hen Sported Football Dorsel Youth Fund SES Holiday and Sport 113.249) {18.771) {13,249} 1.229 20.000 50,313 16.500 9,788 52.575 500 6.453 150 125.010) {16,0) {18,072> 152.575) 11,750) {6.461) 25.303 18284} {1250) 18) 150 (2.3981 {5.0001 (5.3751 13.4801 117,0001 (9,7501 17361 {1971 {5001 142 1871 560 217.097 9.312 13.115 1,044 423 6,293 2.790 {2.398) {5.000) {5.375) (3.480) 117,000) {9.750) {1.738) {197) Isoo) 1533) {87) 1440) 129,132> {5,688) (10,000) 13) 1577) {437) 290 1.002 675 246,229 15.000 23,115 1.047 1.0 6.730 3.080 455.1SI 245.013 210 144 TOT FUNDS 3,131.306 2,620,944 510,362 Pag&24 conunued..
Youth Connaet South W•st Not•s to th• Financial Stat•m•nts - ¢0 for thè Yèar EtKkd 31 March 20 nued 20. MOVEMENT IN FUNDS • ¢ontinugd Comparathi•s for movom•nl In lunds Nel movement in funds Al 31.3.24 At 1.423 Unrètriet•d fund General fund Designated fund - transition costs 444.389 125.000 {122.8101 321.579 125.000 569.389 {122,8101 446,579 R•strkl•d funds Youth woik Wgllbeing Section 106 and Communlty InfraslnJctur8 Levy funding Ellective Transitions Wam spaces Violencg Tgdu¢tion Mitch811 memorial Summer and hollday fun Crim• prtrv•nllon fund Streetto studio Art awards WECA- HERS project Youlh clubs in Bath South5id8 acce55 lo food Music room RadsloGk spots hall Football kit Chllcompton youth work 43.598 10 43.598 20.010 20,000 47.926 20,518 {19,3111 (20,683 1250 28,615 11651 1.250 440 2,398 5,000 5.375 3.480 17,000 20.000 736 300 500 1142) 1.000 440 2.398 5.000 5.37S 3,480 17,000 20,000 736 300 500 11421 1,000 88.444 60,959 149,403 TOTAL FUNDS 657033 61,851 } 595.982 Page 25 eontinued...
h Conmet South West Not?¥ toth• Finan¢lal taleme he Year Ended - contlnuèd 20. MOVEMENT IN FUNDS. ¢onknu•d CompHraliv? n81 movgmgnl in funds. included in the above are as follows.. Incoming resources Rgsourc•s expendod v•ment In fund$ Unr•strkl•d lund$ Gèneral fund 1,878262 12.001.172} 11220101 Restricted funds Youth work Wpllbging Sèction 106 and Community Infraslwdure Levy funding Effective Transitions Safer streets Warm spar9S Violence rttduction Mitchell mernorial Intemship funding Youth gardenlng Ahoad ofth• Gam• Summer8Ad holiday fuft Crimè prév&nti(>n fund Bathscape Street to studlo Art awards WECA- HERS proi8Ct Paddlobtsards Youth clubs in Balh Soulhside acc6ss to food Music room Radstoek sports hall Photography Exhibition Football kil ch11cMPtr)n youlh work 45.000 20,000 (1.402) 119.9901 4398 10 23.895 275 86.413 3,840 857 440 17.750 500 5,000 8,830 5,000 6,742 13.457 3,800 29,171 2,000 20,000 736 300 500 1,000 {43,2061 120.958} 186.4131 {2.5901 1849} {19.3111 {20.6831 1250 440 117.750} 1500} (5.0001 (6,432} 2.398 5.000 <6,7421 (8.0821 1320} 112,1711 (2,0001 5,375 3.480 17.000 20.000 736 300 500 {1,0001 1142) {1421 1.000 296,51 235,547} 60.959 TOTAL FUNDS 2.174.868 2,236.719 61,8511 Re6trktsd funds- detalls of matsrlal r•strlctsd funds ar•: Youlh Worf(- donations from vaTlous organisations for lh¥ provision of youth work. Wellbelng -funding for a wellbeing worker. S#cbon 106 •rtd Community InfrÈstruiaure Levy funding - funding for Bath youth work Effe¢tiveTTansilions- funding lo delivertsr9etèd transldon supportto enable disadvantsgedyoung people in Key Stage 4 to achieve sustained engaggment in high*uality p081-16 d¢slinations. Safer streeL8- funding from Ihe Home Office for safer streets Strèèt to Skndir& -a bespoke training programme giving young Peop access kn Mu¢ producuon slIS, wilh the aim of developing Iheir confidence, employabi1Sty and ovgrsll wèllbelng. WECA HERS PTOjeCt- working with young people In y•ar 11 wllhln the Hospiial Education Reintggration Servic¢. idenllied as needing Intenslve support to achieve positive p05116 destinations Youth dubs in Both - 8 grant from Ihe Lottery Communiti&s Fund providing open a¢¢e¥s youth work sessions n Ihe Twerton and Ilvhiteway arg88 of Bath Sustsinable suppOrLottery funding fororganisational dgvolopmtnt P8g8 26 ntinu8d...
Youth Conneet South West Notes to the Fln teme $- ¢ontlnued 20. MOVEIAENT 11 FUNDS- continued Bath Women's Fund -A programmè aim&J at rgdudng the risk of gxploltalion and youtr OIn affe¢tiry yOLth women Men8 Creative Mental Heallh Programme - A programrne of crealve sessions to promote good mental heal) young rnen, in partnarshlp wlth thè Holburn8 Mu89um RAdsto¢k Kit¢hen - Funds to improve the kithen facility in Radstock for use by young people Sported Foolball- A Barclays Bank supported InlJative funding football ¢oa¢hlng Dors8t Youth Fund- Addition81 funding lo supplementad'vity In place wltt) Stalbrtdge Parfsh Council SES Hollday8nd Sport - Additional funding for actiwti•s wilhln lh• Youlh Work Progrnmm• In th• South East Somefi8etYouth Parknorship D•$lonated fthds Th18 deslgnated fund is for.. -ProV10 for Management continuity - infrastrucDJre - Legal eosts - Cost relatgd kn relenoon of Southside Youlh Hub - Other transition relatsd costs 21. EMPLOYEE BENEFrr 08UGATIONS The charrty is a memberof the Avon Pension Fund, a Local Government Pension Scheme. which is a defwj benefitscheme. In Ihese a¢counls it is trèalgd as a dgfinod cgnlributionschgmv a$ Bath and Noth East Somgr*t Council are liable for the deficiL The cost for the perfod was £45,06012024'. £69,911). The charftyalso makes paymentsts)The People s Pension,a defined contrbbution8¢heme.The costforthe pewi)J w4$ £80.31212024.. £44,920>. At Ihe balance sheet date contrlbutions of £34.61912024: £21.502} were payable to the sehemes. 22. RELATED PARTY DISCLOSURES Rel8Oves of0 trustees are employed bylhe eharfty. The Irustees We not Involved In the appointrnentofthe persons and Lhey are paid wilhin Iho nomial pay scalo for Ihglr rolas. Page 27