PLATFORM7TEEN CHARITY NO: 1190079 ACCOUNTS 30 JUNE 2024
PLATFORM7TEEN
ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2024
FORMATION OF THE CHARITY
Platform7Teen was registered as a Charity by the Charity Commission on 23 June 2020
OBJECTS OF THE CHARITY
Unlocking the ambition and potential of young people, enabling them to reach their future aspirations. Charity Mission -Equipping young people with the tools and confidence to develop their personal, social and employability skills, through
the delivery of high-energy experiential coaching
.
BOARD OF TRUSTEES
Chair: Mark Hutton
Board Members
Julia Williams Idoia D’Cruze Fiona Simpson Louise Footner Catherine Chambers Mia Le Stavri
TRUSTEES REPORT
The charity delivered 26 workshops through secondary education establishments in the Surrey, Hampshire and Sussex region. The charity also workshops to over 1000 attendees of NCS summer camps in Kent. However with the labour government cutting this initiative this work by the charity will not be carried out in 2025. A second major donor came onboard during 2024, however due to another cut by the labour government the other major donor has had to withdraw their support for 2025. Reserves remain solid and with continued fundraising it is anticipated that there will be a 20% increase in the number of workshops delivered.
A young person Mia le Stari was welcomed onto the board of trustees to support the charities social media initiatives and to be an “advocate” of young adults who receive and benefit from the services delivered by Platform7teen.
FINANCIAL STATEMENTS
The Charity’s accounting statement for the year to 30[th] June 2024
PLATFORM7TEEN
STATEMENT OF FINANCIAL ACTIVITIES AS AT 30 JUNE 2024
| Fund | Total this year | Total last | ||
|---|---|---|---|---|
| year | ||||
| £ | £ | £ | ||
| INCOMING RESOURCES | ||||
| From Voluntary Sources | 12,701 | 12701 | ||
| 5423 | ||||
| From Charitable Activity | 5985 | 5985 | ||
| 2925 | ||||
| Total Incoming Resources | 18686 | 18686 | 8348 | |
| EXPENDITURE | ||||
| Charitable Activity | ||||
| Workshop Leaders | 11,175 | 11,175 | ||
| 4200 | ||||
| Other Expenditure | ||||
| Admin Fees, stationery, post and sec | 292 | 292 | ||
| 394 | ||||
| Fundraising Expenses | 1170 | 1175 | ||
| Advertising & Website | ||||
| 20 | ||||
| Travel | 95 | 95 | ||
| IT | 318 | |||
| Total Expenditure | 12,733 | 12,733 | ||
| 4932 |
| Net Incoming/Outgoing resources 5953 3415 Fund Balances brought forward 4025 610 Fund Balances carried forward 9978 4025 PLATFORM7TEEN BALANCE SHEET AS AT 30 JUNE 2024 |
5953 4025 9978 |
|---|---|
| 2024 £ Current Assets Cash at Bank and in hand 7793 4675 Debtors 0 10,828 4675 Short term creditors General Creditors 850 650 Net Current Assets 9978 Signed on behalf of the Board Mark Hutton Chair 31/03/2025 |
2023 £ 3035 4025 |
PLATFORM7TEEN
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
_________
BASIS OF ACCOUNTING
These financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts.
The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and in accordance with the Charities Act 2011.
No changes have been made to accounts for previous years.
TRUSTEES
No payments have been made to the charity’s trustees, or people connected with them, from the charity during the year to 30 JUNE 2024.
ENDOWMENT AND RESTRICTED FUNDS
The charity has no endowment or restricted funds
EMPLOYEES
The charity has no employees.
OTHER DISCLOSURE ISSUES
The charity does not have any commitments not provided for in the accounts.
The charity has given no guarantees.
The charity has not received a loan secured on any of its assets.
At 31 August 2024 the charity did not have any contingent liabilities.
The charity did not receive grants as a material part of its income.