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2025-03-31-accounts

Annual Report 2024-2025 'Ii Es1fEEM

What we do

At Esteem young adults aged 14-26 can realise their strength to cope with life’s challenges and thrive into their futures.

Our community is grounded in trust and respect, and built with young people for young people.

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Contents

Contents
Introduction from young adults at Esteem 4
A message from our Chair 6
Our mission and vision 7
Why We Exist 8
Our year in numbers 10
Kai’s story 12
Our progress and learning this year 14
How we are funded 22
Financial review 23
Financial Statements 24

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Introduction from young adults at Esteem

To us, Esteem is a place where we can be ourselves and thrive in group environments and one-to-one settings. It is a fun, supportive, and accessible place, where there are loads of opportunities. It is a place where we actually care about each other and know we belong. We can speak our minds and leave no room for judgement. We are a community, another home, and a place where we can learn and try new things.

We are really pleased with the progress Esteem has made this year, especially involving young adults more meaningfully. Adults usually make the decisions for us, but at Esteem, whenever something happens, young adults are the first to decide. This gives us a sense of importance and a powerful voice in a world where we normally have to be quiet.

We are also pleased with how much Esteem has improved in being organised. It is important to be organised because we all come from different backgrounds and environments, some of which might be chaotic, so it is good to have a solid place to come where you know it is going to be organised. We have also done better at identifying and starting new projects like Girls Allowed (which was massively beneficial). Young adults can find what is on at Esteem and know where to be at certain times, which means more young adults can get involved and benefit from Esteem.

We are also proud of how we and the organisation have improved communication this year, whether working to reach out to the community, secure our building, or speak on issues that

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matter to us. It is important that people know about Esteem so that they have a place to go, and so our organisation can continue to thrive. Our work reaching out to key decision makers in the community, like councillors and the Police and Crime Commissioner, shows what we can do when we come together as a team to solve problems. It shows what young adults can do when given the time and resources. By shouting about our work, we also allow other charities to learn from Esteem.

Importantly, we also managed to raise the necessary money to keep Esteem sustainable over the last year. This is essential so that we can keep doing what we are doing and be there to help young adults in the local community. We know raising funds has been a priority, and we’ve been happy to get involved in fundraising as part of the Esteem team. Loads of charities do not really use young adults’ ideas and voices, so we really stand out. It shows that we love what we do and helps make Esteem more sustainable in the long term.

Thank you to everyone who has supported Esteem on our journey over the last year. We are really happy to be part of such a great organisation. We are looking forward to the year ahead with all of you.

Chanel, Jade, Connor, Steph, Ivy, James, Kaya, Leon.

- Members of the Esteem Team

(A group of Esteem young adults helping to run the organisation).

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A messa e from our Chair g

This past year has been one of deepening impact and growing clarity. We’ve built on strong foundations to refine how we work, why we work in this way, and who we work alongside. Together, young adults, staff, volunteers, trustees, and partners, have continued shaping an organisation that puts trust, inclusion, and participation at our heart.

So much of this year has been about strengthening our roots. We launched a new strategy, co-created with young adults, which now guides every part of Esteem’s work. We improved how we support, mentor and listen to young adults, and took important steps forward in financial sustainability, inclusion, and shared leadership. We didn’t just do more, we did better. We feel incredibly proud of how far we’ve come.

I want to say thank you to every young adult who has brought their whole self to Esteem this year, to sessions, events, steering groups, staff meetings, and funder conversations. It is your energy and insight that keep this organisation real, relevant, and alive. Whether you came once, weekly, or helped run the place, you’ve been part of shaping something truly special. You show us, again and again, what it means to belong, to grow, and to give back.

I also want to thank our amazing staff, trustees and volunteers. You hold space for young adults to flourish, and you do it with deep care, skill, and passion. This is not always easy work, but it is life-changing. Thank you for choosing to do it with Esteem.

And last but certainly not least, thank you to our generous donors and supporters without whom none of this would be possible.

Looking forward to next year, we will put the findings in this report into action. As well as this, we will focus on several key priorities. Upon learning of the local council’s plan to sell the Old School House in 2023, we made a crucial decision to secure the building. Since then, we have been actively working on a comprehensive strategy including developing opportunities to raise capital funds to acquire the building. This ongoing effort is critical to preserving the Old School House, which serves as the last permanent, open-access youth space in West Sussex.

We will also develop how we measure our impact by commissioning a participatory project on how we monitor and evaluate our work with young adults. As Esteem builds on our reputation for Participation and Youth Voice, we will develop a trading model to support income diversification, as well as impacting

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systems change through sharing power with young adults as experts by experience.

Finally, on behalf of the young adults, staff and trustees I want to take this opportunity to express our deepest gratitude to Cat Vizor, our Co-Founder and Chief Officer, who is stepping down after an incredible 17 years. Her vision and unwavering dedication have been the driving force behind Esteem’s growth, a legacy that began with the inspiration of her mother, Val Vizor. Cat has built an extraordinary community, and we are profoundly grateful for her leadership and the strong foundation she has created for the future. Her passion will continue to guide and inspire us as we move forward. We will do all in our power to preserve and build on your legacy, Cat, and wish you every best wish for the future.

Anne, Chair of Trustees

Mission and vision

At Esteem, we can belong and make a positive difference, whatever challenges we face.

We all need someone to believe in us and the space to believe in ourselves.

When we value ourselves and each other, we can all thrive together.

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Wh we exist y

Context: Young Adults Need Space to Grow, and They’re Not Getting It

Across the UK, young adults are navigating an increasingly uncertain world without the spaces they need to belong, be heard, and build their futures. At Esteem, we see firsthand the effects of this gap.

Young people are having their choices taken away from them through limited opportunities. Many face multiple, overlapping challenges: poverty, mental health struggles, discrimination, trauma, and limited access to housing, education, and work.

Where we are based, in Sussex and along the coast, rates of Special Educational Needs, mental ill health, and deprivation are all higher than the national average. Young adults report feeling isolated, stigmatised, and ignored.

What compounds these challenges is the collapse in available support for young people. Youth services have been drastically reduced. Since 2010, two-thirds of council-run youth centres in England and Wales have closed. In Sussex, 32 of 43 early help centres shut down in just two years. These included safe, accessible places where young people could find connection, services, and trusted adults to talk to.

It’s no surprise that mental health challenges among young people are rising. But research, and common sense, tells us the solution is within reach: More spaces where young adults can get the support they need, build meaningful communities, and make their own decisions.

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Esteem’s response

Esteem exists to create the kind of space every young adult should have.

We offer consistent, welcoming, youthled spaces where young adults can feel safe, build trust, and discover their strengths. From here, everything else becomes possible: connection, confidence, wellbeing, purpose.

Work Experience and Volunteering Hands-on paid and voluntary opportunities to help run our organisation and do good in the community.

Creative Projects – Space, support and training to develop skills and confidence in photography, film, music, design, and more.

Our approach is participatory and strength-based. That means young adults don’t just receive support, they shape it. Every part of Esteem is co-created with the young adults who use it. We start from a place of belief: that young people already have value, insight, and the ability to shape their lives and communities.

We work with young adults aged 14–26 through a wide range of interconnected projects, designed to meet real needs and open up opportunities:

One-to-One Mentoring – A regular, trusting relationship with a member of the community to support personal development, self-esteem, and direction setting.

Counselling and Mental Health Support Including our Walk and Talk sessions, inhouse counselling, and LGBTQ+ specialist services (delivered in partnership with Allsorts).

Group Activities and Social Spaces From drop-in sessions to creative groups, trips, and shared meals. Places where young adults can be themselves and build connections.

Community Engagement – Public events, and partnerships that connect young adults to the community and to local and national decision makers.

At Esteem, we’re not just stepping in where youth services have been lost, we’re leaders in creating what young adults have always needed: youth-led spaces where young adults are part of the community, valued, and given the tools to improve their own lives.

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Our ear in numbers y

We worked with 267 young adults — that’s a 10% increase from last year.

We worked with over 63 partner organisations last year.

The young adults we work with face an average of 3–4 intersecting social barriers, such as:

We offered over 10,445 direct contact hours — the equivalent of 30 hours of support every working day , and 2,000+ hours more than last year.

We ran 1,647 sessions across the year, including 317 free counselling sessions.

We don’t ‘do to’ young adults — we work with them.

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And our approach works:

After attending Esteem:

“I can honestly say that Esteem has helped me find a sense of purpose and feel optimistic about the future rather than being so scared of it.” Anon (21 years old)

“A highlight for me was getting to meet the Esteem Team group of young adults in action, who were planning the new timetable to engage more young people. When I asked what difference Esteem made to them, they explained how it’s a place where they can gain advice on all aspects of life to help with their next steps. It was here — and often only here — that they felt part of something, and found a safe space that ‘felt like home.’” Joe Rich, Head of Youth Voice, National Lottery Community Fund, 2024)

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Kai’s stor y

I was bullied at school after coming out as gay. One morning, I got up and looked in the mirror. I could suddenly hear all the horrible things people had said about me. I broke down crying and thought, “Don’t go to school.”

I made it downstairs but caught my reflection again in another mirror. That was too much. I went back up, slammed my bedroom door, and sat with my back to it. I braced my legs against my chest of drawers to keep anyone from coming in.

A lot of people tried to reach me. First my mum, then my dad. Then my cousin’s mum, my nan, and even my nan’s friend. Eventually, I let my aunt in and we talked. I didn’t go to school that day or the next. I gave myself the weekend to think.

I sat in bed and looked at my GCSE results. They weren’t good. I told myself I had to go back. I still had time to improve my grades. So on Monday, I returned to school. The bullying didn’t stop, but I kept going and avoided engaging with the bullies.

My cousin told me about Esteem. She said it might help with everything I was going through. I said I’d give it a try.

From the moment I arrived at Esteem, I felt more accepted than I ever did at school. I felt like I could be myself. I invited my younger brother and some friends who were also having problems. They loved it too. There were lots of people, and everyone felt welcome.

Soon I was leading games and activities and helping out at fundraising events. I passed my GCSEs and got into college to study photography. Now I volunteer at Esteem on the media team.

One of the projects I got involved in was building a raft for a race on the River Adur. We all helped make the sail and paint it. On race day, there were around 30 other boats. As soon as we hit the water, the wind pushed us in the wrong direction and into other rafts.

None of us had rowed a raft before. It felt like things were going badly, and I thought we might sink. But we stayed calm and didn’t give up. We made a group decision to take the sail down. The people at the back were tallest, so one stood up to remove it. The raft wobbled and we nearly all fell into the river, but we managed to stay upright.

We passed the sail down to the front and wrapped it around the post. That worked. We stopped going backward. We didn’t win the race, but we weren’t there to win. We were there to have fun.

Afterwards, we hung our sail on the wall at the Old School House so we could remember it forever.

-Kai

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Our ro ress and learnin p g g

this year

This year, Esteem continued its journey from grassroots energy to even greater strategic coherence. While this evolution has been years in the making, it marks a major transition: our CO of seventeen years, Cat Vizor, will step down next year, leaving behind a stable and lasting legacy. This year we also launched our 2024–2028 Strategy, co-produced by six young adults, which now anchors everything we do, from quarterly reporting to bimonthly staff reflection.

To track progress against our four strategic objectives, we held a series of participatory workshops with staff and young adults. Their insights and feedback are summarised below.

1. Involve Young Adults More Meaningfully

This year, we deepened young adult participation across every part of Esteem. Young adults influenced decisions, shaped projects, and led how we represent ourselves and plan for the future.

“I can’t remember a time when I couldn’t have a say in something I wanted a say in at Esteem.” Young adult, 2024

We shared power

Young adults co-led a review of our recruitment processes, contributed to strategic planning, and spoke at public events and funder meetings. Their input changed how we train mentors and hire new staff. When we needed to decide on the future of our building, young adults were the first to be consulted. When our CO shared her plan to step down, they were amongst the first stakeholders to be informed.

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We trusted young adults to lead

Throughout the year, young adults played a leading role in and often had the first say on key strategic decisions, including our bid to take over the Adur Outdoor Activity Centre (AOAC). Twenty-one young adults took part in the deliberation process, determining if we should apply to take over the AOAC lease. Although our bid was ultimately unsuccessful, the process brought us together as an organisation, generated significant momentum with supporters, and clarified our thinking on what type of permanent physical space Esteem needs in order to thrive.

“We saw the power of stepping back. When young adults lead the conversation, they do not just speak. They shift perceptions.” Staff team reflection, 2025

We built a shared culture of participation

Young adult participation became truly embedded in everyday life and every project at Esteem. Every staff member contributed, regardless of their role or background. Even our Central Operations team played their part, enabling young adults to lead activities in our quarterly staff Wellbeing Weeks. This collective approach helped participation become more embedded and sustainable.

We learned that we involve young adults more meaningfully when:

We design for inclusion

Young adults have varied schedules, responsibilities, and access needs. Our training on inclusive design helped us improve our practices to be even more inclusive. By working collaboratively with young adults, we identified areas of strength and where more changes are needed.

“Our recruitment happens in the daytime, when most under-18s can’t get involved. We need to look at this.” Annual participation review, 2025

We plan and resource participation properly

At times, we tried to involve young adults in ways that were rushed or under-resourced. These efforts fell short and impacted both staff and young adults. We were reminded that meaningful participation relies on careful planning and dedicated support and time.

We check in and adapt

Participation is an ongoing practice. This year, young adults told us their involvement in recruitment had begun to feel symbolic rather than meaningful. Their feedback prompted immediate changes to how we structure recruitment panels, and how we facilitate decision-making to ensure everyone feels they have an equal say.

“The review of involving young adults in recruitment led to positive change. Our opinions were taken seriously and they mattered.” Young adult participant, 2024

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2. Be the Best We Can Be

This year, our growth wasn’t just about doing more. It was about doing better. We focused on improving the quality, impact, and consistency of everything we do.

We enhanced our work with young adults

We rebuilt our mentoring programme into a 16-mentor team, with induction training co-designed and delivered alongside young adults. We also improved how we recognise and celebrate when young adults move on from Esteem, making sure their time here ends with the same care as it began. Two new projects were codesigned from the ground up with young adults, resulting in improved attendance and outcomes for participants.

“It was uplifting to be involved, it wasn’t just painting something pretty on a banner, it was young people working together creating a visual representation of why we love Esteem. It’s exciting to know that we had the opportunity to share that with other important organisations and the broader community on the day” Young adult, 2024

“I feel able to ask questions and voice when I am unhappy or unclear about something. This is a massive privilege within the workplace. I think a lot of effort goes into making me feel valued not only by my line manager but also colleagues, which is a nice culture we have built together.”

Staff satisfaction survey, 2024 We strengthened our systems

We revamped our financial controls policy to ensure they continue to be fit for purpose as we grow. Our counselling assessment system was streamlined, reducing the number of team members involved and creating a smoother experience for young adults. We also launched a new “You said, we did” feedback system, helping staff see how their input leads to real changes.

We learned that we are at our best when:

We communicate clearly and consistently

We bolstered our workforce

We redesigned our staff onboarding and introduced a more consistent approach to supervision. Our quarterly Wellbeing Weeks were restructured to give meaningful time for rest and reflection. We also trained our full team, including volunteers and trustees, in inclusive design to help us build a more equitable organisation.

We know this matters in our work with young adults, but we haven’t always prioritised how we communicate internally as a staff team. Next year, we’ll trial informal gatherings to improve how we connect and share information.

“I think internal communication between teams has improved, but there is still more work to do. There have been lots of new staff members, so we’re still working out communication clarity, and with new roles, how these will work together better in areas of overlap and responsibility.” Staff satisfaction survey, 2024

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We do things together

Staff, trustees, and young adults all chose big events as highlights of the year. The Old School House campaign launch, our Christmas meal, and the organisationwide hike helped build a sense of belonging. We’ll make sure these moments are planned into the year ahead.

“The big joint events with staff, under 18s and over 18s all together. They were fun, informative, and enjoyable. All of us together”

We make space

At times, both the Old School House and our staff team have felt stretched to capacity. We’ve learned that physical space, especially outdoor space where young adults can gather, reflect, and connect, is essential to our impact. Equally important is giving staff the time and headspace to do meaningful work. In the year ahead, creating more space, both physically and in our schedules, will be a key priority.

Young adult, 2025

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3. Share Wh We Do What y

We Do

We helped shape our local community and contributed to wider conversations about youth work by showing, not just saying, what meaningful participation looks like.

We brought the community together

Through public events led by young adults, we created spaces where people from different generations and backgrounds could connect. ‘Battles and Biscuits’, a board game event designed to reduce loneliness among older adults, received coverage on ITV News and was praised for its warmth and creativity. At our Open Day, young adults invited councillors, funders, and neighbours into the Old School House to experience Esteem’s work directly and understand why the space matters.

We made space for young adult voices in public decisions

Young adults spoke directly to decisionmakers about issues affecting their lives. They met with the Sussex Police and Crime Commissioner to share personal experiences of crisis response and contributed to local council decisionmaking through a community grant panel. These interactions weren’t symbolic. They informed thinking and influenced how services respond to young adults.

“It wasn’t just someone speaking for us. We were the ones telling our own story, in our own way. And people listened.” Esteem young adult, 2025

We expanded our creative reach

Thanks to support from the Focus Foundation and Arts Council England, we’ve transformed how creativity thrives at Esteem. Our new creative suite and Creative Collective have opened the door for young adults to their first paid opportunities in design, photography, and digital media. Through partnerships with professionals and organisations like Brighton & Hove Museums, young adults have also developed new skills, showcased their work publicly, and even received feedback from world-renowned photographer Martin Parr. From promoting Esteem to exploring the issues that matter most to them, young adults are leading bold, brilliant creative projects that make a difference.

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Watch some incredible young adult made content:

Amelia’s first journey into Esteem Why walk and talk? By the sea photography Esteem Team News

“It gives us an opportunity to be creative with equipment that we might not have access to. It’s a welcome and friendly environment for those finding their footing. It’s a breeding ground for creativity” Young adult, 2024

We learned that we increase our influence when:

We start local

Being visible at events, in schools, and in council spaces helped us build trusted relationships. We ran wellbeing workshops for over 60 students at local college BHASVIC, and young adults from Esteem worked closely with Adur and Worthing Council’s participation team to develop a new funding opportunity. Next year, we will deepen these local links while contributing to national discussions about youth voice.

“Since launching in Sussex in 2024, we have been consistently impressed with Esteem’s commitment to the young people they serve through collaboration, community and partnership working. In a short space of time, we have developed a great working relationship with Esteem. Esteem also supported us in the preparation of our co-design activity and have introduced us to other partners and networks.” Local external agency, 2025

We tell our story clearly

Our approach is often most powerful when seen in action. But we’ve recognised the need to explain it more clearly and consistently. We will invest in creative storytelling, training, and messaging that helps others understand, support, and replicate what we do.

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4. Sustainin Our Work: g

Buildin Resilience g

This year, we secured over £540,000 in income, a milestone that enabled us to deliver our full programme of support for young adults, despite a challenging financial climate.

This success reflects the strength of our partnerships and a more confident, collaborative approach to fundraising as well as our long-term strategy to diversify income and reduce reliance on any single funding source. It was made possible through thoughtful planning, shared ownership across our team and young adults, and the commitment of those who believe in our mission.

We grew a diverse and values-led support base

We secured support from across our community of funders and partners:

This year taught us what helps our income generation thrive:

“It was made possible through thoughtful planning, shared ownership across our team and young adults, and the commitment of those who believe in our mission.”

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We learned that we sustain our work best when:

We stay creative and collaborative

By involving young adults in how we describe and design our work, we deepened funder understanding of our impact. When young adults help tell our story, we don’t just raise more funds, we build stronger funder relationships rooted in our shared purpose.

We look ahead

Sustainable income doesn’t happen by chance. It requires focus, alignment with our values, and clarity about what we need and why. We are committed to continuing this work in partnership with those who share our belief in the power of young adults.

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How we are funded

We are extremely grateful to our local community and funders for all your support, we couldn’t achieve this without you.

Our donors this year have included:

And The De Brye Charitable Trust The Albert Van Den Bergh Charitable Trust Northwick Trust

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Financial Review

Financial Position

Esteem has continued to demonstrate strong financial stewardship, ensuring income from our funders and supporters is used to directly support our goals for supporting young adults.

For the year ended 31st March 2025, Esteem achieved a total income of £543,398, an increase of £45,989 on the previous financial year. Expenditures amounted to £541,806, resulting in a net surplus of £1,592.

As of 31st March 2025, total funds stood at £294,339 (2024: £292,747). This was comprised of £170,469 in unrestricted funds, £3,870 in restricted funds and an endowment of £120,000 received from The Edward * . Gostling Foundation in the previous financial year

Esteem’s principal funding comes from the National Lottery and a range of charitable trusts and foundations. Fundraising events, corporate partnerships and voluntary donations make up the majority of the remaining income.

Reserves Policy

Esteem maintains financial reserves to ensure continuity in the quality and level of service provided to young adults. These reserves enable the charity to respond to income volatility, cover unforeseen events, and pursue new opportunities.

Over the next five years, the trustees aim to build reserves sufficient to cover six months of operational costs, with a medium-term goal of reaching three months within one to two years.

As of 31st March 2025, Esteem’s free reserves were £135,469 (2024: £134,554), equivalent to approximately 2.7 months of operational costs. While this remains below the medium-term goal, the trustees consider this level sufficient in light of secured funding, active fundraising plans, and projected expenditures over the coming year.

* This endowment is subject to the restrictions that this is secured in an Endowment Fund for five years and that it is not available to meet current operating expenditure but can be used to invest and generate income to further our charitable purposes.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The charity is controlled by its governing document. The nature of the governing document is a Constitution. The charity is registered as a charitable incorporated organisation with the Charity Commission.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1187128

Principal address

Esteem, The Old School House Ham Road BN43 6PA Shoreham-by-Sea West Sussex

Trustees

Mr P Hudson Mr N Lecky Ms S O’Dowd Ms P Parker (Resigned in 2024) Mr N Bourne Dr A Rathbone (Chair)

REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner

Peter Jarman FCCA Peter Jarman LLP trading as Peter Jarman & Company 1 Harbour House Harbour Way Shoreham by Sea West Sussex BN43 5HZ

Approved by order of the board of trustees on

12/09/2025 and signed on its behalf by:

Nigel Lecky (Oct 1, 2025 17:45:16 GMT+1)

........................................................................

Trustee

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REGISTERED CHARITY NUMBER: 1187128

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR ESTEEM

Peter Jarman LLP trading as Peter Jarman & Company 1 Harbour House Harbour Way Shoreham by Sea West Sussex BN43 5HZ

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ESTEEM

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Page
Independent Examiner's Report 26
Statement of Financial Activities 27
Balance Sheet 28
Cash Flow Statement 29
Notes to the Cash Flow Statement 30
Notes to the Financial Statements 31-35
Detailed Statement of Financial Activities 36-37

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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ESTEEM

I report on the accounts of the CIO for the year ended 31 March 2025, which are set out on pages 27 to 37.

Respective responsibilities of the CIO and the examiner

As trustees of the CIO you are responsible for the preparation of the accounts; you consider that the audit requirement of the SORP (FRS 102) and section 144(2) of the Charities Act 2011 ('the 2011 Act') does not apply.

It is my responsibility to:

Basis of this report

My examination was carried out in accordance with the General Directions given by the Charity Commission and to be found in the SORP (FRS 102), CC17 edition. That examination includes a review of the accounting records kept by the charity and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

  1. which gives me reasonable cause to believe that in any material respect the requirements

  2. to keep accounting records in accordance with section 130 of the 2011 Act; and

  3. to prepare accounts which accord with the accounting records and comply with the requirements of the Act and the Regulations have not been met; or

  4. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Peter Jarman (Sep 26, 2025 17:47:33 GMT+1)

Peter Jarman FCCA

Peter Jarman LLP trading as Peter Jarman & Company 1 Harbour House Harbour Way Shoreham by Sea West Sussex BN43 5HZ

26/09/2025

Date: .............................................

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ESTEEM

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

Notes
INCOME AND
ENDOWMENTS FROM
Donations and legacies
2
Other trading activities
Investment income
Other income
3
4
Total
EXPENDITURE ON
5
Charitable activities
General
Other
Total
NET INCOME
RECONCILIATION OF
FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED
FORWARD
Unrestricted
funds
£
92,063
-
-
17,350
109,413
108,135
363
108,498
915
169,554
170,469
Restricted
fund
£
429,104
-
-
4,881
433,985
432,448
860
433,308
677
3,193
3,870
Endowment
fund
£
-
-
-
-
-
-
-
-
-
120,000
120,000
2025
Total
funds
£
521,167
-
-
22,231
543,398
540,583
1,223
541,806
1,592
292,747
294,339
2024
Total
funds
£
486,457
405
120,000
10,547
617,409
495,162
929
496,091
121,318
171,429
292,747

The notes form part of these financial statements

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ESTEEM

BALANCE SHEET 31 MARCH 2025

Notes
FIXED ASSETS
Tangible assets
9
CURRENT ASSETS
Debtors
10
Cash at bank and in hand
CREDITORS
Amounts falling due within one
year
11
NET CURRENT ASSETS
TOTAL ASSETS LESS
CURRENT LIABILITIES
NET ASSETS
12
FUNDSUnrestricted
funds:
Unrestricted funds
Restricted funds:
Restricted funds
Endowment funds:
The Edward Gostling Fund
TOTAL FUNDS
Unrestricted
funds
£
-
-
178,040
178,040
(7,571)
170,469
170,469
170,469
Restricted
fund
£
899
3,740
179,389
183,129
(180,158)
2,971
3,870
3,870
Endowment
fund
£
-
-
120,000
120,000
-
120,000
120,000
120,000
2025
Total
funds
£
899
3,740
477,429
481,169
(187,729)
293,440
294,339
294,339
170,469
3,870
120,000
294,339
2024
Total
funds
£
541
3,124
427,908
431,032
(138,826)
292,206
292,747
292,747
169,554
3,193
120,000
292,747

The financial statements were approved by the Board of Trustees and authorised for issue on 12/09/2025 and were signed on its behalf by::

............................................. Nigel Lecky (Oct 1, 2025 17:45:16 GMT+1) Trustee

The notes form part of these financial statements

28

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2025

ESTEEM

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Net cash used in investing activities
Cash flows from financing activities
Income attributable to endowment
Net cash provided by financing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end of
the reporting period
2025
£
50,739
50,739
(1,218)
(1,218)
-
-
49,521
427,908
477,429
2024
£
42,429
42,429
(258)
(258)
120,000
120,000
162,171
265,737
427,908

The notes form part of these financial statements

29

ESTEEM

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2025

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
Net income for the reporting period (as per the Statement of Financial
Activities)
Adjustments for:
Depreciation charges
Income attributable to endowment
(Increase)/decrease in debtors
Increase in creditors
Net cash provided by operations
2025
£
1,592
860
-
(616)
48,903
50,739
2024
£
121,318
507
(120,000)
3,360
37,244
42,429

2. ANALYSIS OF CHANGES IN NET FUNDS

ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.24 Cash flow At 31.3.25
£ £ £
Net cash
Cash at bank and in hand 427,908 49,521 477,429
427,908 49,521 477,429
Total 427,908 49,521 477,429

The notes form part of these financial statements

30

ESTEEM

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

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Income

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

Expenditure

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

Tangible fixed assets

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

Plant and machinery - 20% on cost Computer equipment - 33% on cost

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

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

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

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. DONATIONS AND LEGACIES

Donations
Grants
Donated services and facilities
Income re capital projects
Grants received, included in the above, are as follows:
Other grants
2025
£
11,694
501,635
2,456
5,382
521,167
2025
£
501,635
2024
£
41,451
443,711
1,295
-
486,457
2024
£
443,711

continued...

31

ESTEEM

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

3. OTHER TRADING ACTIVITIES

Fundraising events
4.
INVESTMENT INCOME
Endowment
5.
CHARITABLE ACTIVITIES COSTS
General
6.
SUPPORT COSTS
General
Direct
Costs
£
515,272
Finance
£
18,703
2025
£
-
2025
£
-
2024
£
405
2024
£
120,000
Totals
£
540,583
Totals
£
25,311
Support
costs (see
note 6)
£
25,311
Information
technology
£
6,608

7. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

INCOME AND ENDOWMENTS FROM
Donations and legacies
Other trading activities
Investment income
Other income
Total
EXPENDITURE ON
Charitable activities
General
Other
Total
Unrestricted
funds
£
97,132
405
-
-
97,537
2,194
67
2,261
Restricted
fund
£
389,325
-
-
10,547
399,872
492,968
862
493,830
Endowment
fund
£
-
-
120,000
-
120,000
-
-
-
Total
funds
£
486,457
405
120,000
10,547
617,409
495,162
929
496,091

continued...

32

ESTEEM

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

8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

NET INCOME/(EXPENDITURE)
Transfers between funds
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
9.
TANGIBLE FIXED ASSETS
COST
At 1 April 2024
Additions
At 31 March 2025
DEPRECIATION
At 1 April 2024
Charge for year
At 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024
10.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Accrued income
Unrestricted
funds
£
Restricted
fund
£
Endowment
fund
£
95,276
43
(93,958)
(43)
120,000
-
95,319
(94,001)
120,000
74,235
97,194
-
169,554
3,193
120,000
Plant and
machinery
£
Computer
equipment
£
1,842
-
582
1,218
1,842
1,800
1,473
369
410
491
1,842
901
-
899
369
172
2025
£
1,096
2,644
3,740
Total
funds
£
121,318
-
121,318
171,429
292,747
Totals
£
2,424
1,218
3,642
1,883
860
2,743
899
541
2024
£
400
2,724
3,124

continued...

33

ESTEEM

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

11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade creditors
Social security and other taxes
Deferred income
Accrued expenses
MOVEMENT IN FUNDS
Unrestricted funds
Unrestricted funds
Restricted funds
Restricted funds
The Edward Gostling Fund
Endowment
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
Unrestricted funds
Restricted funds
Restricted funds
TOTAL FUNDS
At 1.4.24
£
169,554
3,193
120,000
292,747
Incoming
resources
£
109,413
433,985
543,398
2025
£
1,322
6,950
176,937
2,520
187,729
Net
movement
in funds
£
915
677
-
1,592
Resources
expended
£
(108,498)
(433,308)
(541,806)
2024
£
7,394
6,019
123,770
1,643
138,826
At
31.3.25
£
170,469
3,870
120,000
294,339
Movement
in funds
£
915
677
1,592

12. MOVEMENT IN FUNDS

continued...

34

ESTEEM

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

12. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
Unrestricted funds
Restricted funds
Restricted funds
The Edward Gostling Fund
Endowment
TOTAL FUNDS
At 1.4.23
£
74,235
97,194
-
171,429
Net
movement
in funds
£
95,276
(93,958)
120,000
121,318
Transfers
between
funds
£
43
(43)
-
-
At
31.3.24
£
169,554
3,193
120,000
292,747

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

Unrestricted funds
Unrestricted funds
Restricted funds
Restricted funds
The Edward Gostling Fund
Endowment
TOTAL FUNDS
Incoming
resources
£
97,537
399,872
120,000
617,409
Resources
expended
£
(2,261)
(493,830)
-
(496,091)
Movement
in funds
£
95,276
(93,958)
120,000
121,318

13. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2025.

35

ESTEEM

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Grants
Donated services and facilities
Income re capital projects
Other trading activities
Fundraising events
Investment income
Endowment
Other income
Employment allowance
Interest
Total incoming resources
EXPENDITURE
Charitable activities
Postage and stationery
Fundraising
Volunteer expenses
Insurance
Travel
Staff well-being
Advertising/Promotional
Cleaning
Wages
Tax & social security
Pensions
Training
Subcontractors
Activity resources
Office rent & upkeep
Other costs
Other
Bank charges
Carried forward
2025
£
11,694
501,635
2,456
5,382
521,167
-
-
5,000
17,231
22,231
543,398
173
38,318
637
2,384
3,191
4,121
4,441
2,973
360,778
32,408
7,191
5,156
24,231
9,174
18,167
3,929
515,272
363
363
2024
£
41,451
443,711
1,295
-
486,457
405
120,000
5,000
5,547
10,547
617,409
2,031
19,979
919
2,279
2,450
1,530
864
2,197
320,420
28,474
6,716
7,428
22,896
16,464
40,902
-
475,549
422
422

This page does not form part of the statutory financial statements

36

ESTEEM

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

Other
Brought forward
Depreciation of tangible fixed assets
Support costs
Finance
Professional fees
Information technology
Telephone
Subscriptions
Computer costs
Total resources expended
Net income
2025
£
363
860
1,223
18,703
3,460
3,035
113
6,608
541,806
1,592
2024
£
422
507
929
12,960
3,539
3,114
-
6,653
496,091
121,318

This page does not form part of the statutory financial statements

37

Our CO, Cat Vizor, sitting on a public bench built by young adults during an Esteem project in 2015. Our CO, Cat Vizor, sitting on a public bench built by young adults during an Esteem project in 2015.

38

A short message from our out oin CO Cat Vizor: , g g

Esteem was founded by my Mum, Val Vizor, in response to seeing children she fostered, who dropped off a cliff edge of support when they turned eighteen; the ‘family feeling’ young adults talk about today remains embedded in our ethos. This togetherness is what makes Esteem unique – seeing people’s strengths and creating opportunities to develop ideas, skills, friends, and so much more! We have evolved through the power of community, and doing things together.

After 17 years as Chief Officer, seeing Esteem grow from strength to strength, I know our organisation is in a great place, so I’ll be stepping aside from this role on the 28th August 2025. This decision feels like the right moment for Esteem, and for me. I will always be part of Esteem’s journey as its co-founder, and will remain supporting Esteem from the sidelines.

It has been the honour of a lifetime to grow Esteem with such an extraordinary community of people. Thank you for your belief, your contributions, and your shared commitment to a world where young adults are valued, supported, and have space to thrive.

With huge gratitude,

Cat Vizor

39

Join our amazing community and support Esteem today. You can help sustain and grow our impact.

Donate online using the QR code, or email fundraising@esteem.org.uk for more information.

esteem.org.uk Tel: 07490 447 333 e-mail: hello@esteem.org.uk UK Registered Charity No.1187128

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