DÉthsiyn Etwdope 10" 7106cA3244DFAE7WBE-630c7Es3s INTER MISSION YOUTH IA Registered Charity and Company Limited by Guarantee) REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Company Registration Number: 12359502 Registered Charity Number.. 1190391
tkthswn EThvebpe10. 7106CA3244t)NE7WBE430COE97ES35 INTERMISSION YOUTH CONTENTS Page Reference & Adminsstrative Details Report of the Chair Trustees, Annual Report Independent Examinerfs Report 13 Statement of Financial Activities 14 Balance Sheet 15 Notes to the Financial Statements 16
Dwsgn Envthpe10 7106CA3244D64E7&AFBE-$30COE97ES35 INTERMISSION YOUTH REFERENCE & ADMINISTRATIVE DETAILS Trustees & Director5 Alexander Hoare (Chairl Sir Mark Rylance Esther Odejimi Danny Sapani Amanda Parker Dr Cynthia Pinto Diana Whitehead (appointed on 23.02.20231 Chinelo Enemuo lappointed on 28.04.20231 Narinder Sagoo MBE13ppointed on 09.06.20231 Registered office 124 City Road London ECIV 2NX Address of principal offi Arcola Theatre 24 Ashwin Street London E8 3DL Company Registration Number 12359502 IErhgland and Wales) Charity Registration Number: 1190391 Company Secretary Morenike Onajobi Bankers Unity Trust Bank Four Brindley Place Birmingham BI 2JB Independent Examiner Dunkley's Chartered Accountants Woodland5 Grange Woodlands Lane Bradley Stoke Bristol 8532 4JY
tku51gn En¥dop8 ID. 71LECA3244CNEI&AF8E*30CDE97E535 INTERMISSION YOUTH REPORT OF CHAIR l am delighted to Present the annual report and the financial statements for Intermission Youth for the year ended 31 December 2023. Intermission Youth relocated to the Arcola Theatre in January 2023 where we celebrated 15 years of support to young people. Intefmission Youth Theatre continued their weekly theatre training and mentorin& the Graduate programme continued to support emerging talent. and our Community Engagement work developed wilh the help of Intermission Youth Graduates, all of which have helped young people to make p051tive choices, increase their life 5ki11s, discover new talents, improve self-confidence. aspirations and opportunities in safe environments. Seeing what 15 years of hard work and dedication can deliver was a stark reminder to U5 all of thè need to invest in young people who represent our present and our hope for the future. l am grateful to the extraordinary work of the Intermission Youth team and volunteers who look after the day-to-day operations and organisation of our work. Fellow trustee5 have provided professional expertise, vision, prartical support and time to our programme5 and beneficiaries. We remain grateful to Intermission Youth's co-founder, the Rt Rev'd Rob Gillion, and Patron Naomie Harris for their continued support and faith in our work. We are also grateful to our existing funders. donors and partners who enable this vital work to continue, and we endeavour to find more supporters who can help us create 3 sustainable future. While we continue to be there for our young people, they are a150 there for each other and for the Intermission Youth team. Their energy and optimism continue to enrich and entertain us- they are the reason we do what we do and are passionate about our work. As one youth theatre cohort member wiote at the end of the year= "It'5 0 ploce where tulentflotjrishes. self-bellef strengthens, ond lifelong bonds (7reforged. Intermission Youth is more thon u stage.- it s the louftchpodfor dreams. To celebrate Intermission Youth'5 19 it wa5 a pleasure to witness the achievements of our team and young people, seeing Eraduates who are now professional actors return to perform in Taming Who? alongside the cohort in Excludedl It has been a truly memorable vear. sBA84FTABDffjF Alexander S Hoare Chair
Dwsign Efjvekw ID. 71(6cA3244[E7SAFBE-63LuE97E53$ INTERMISSION YOIJTH TRUSTEE'S ANNUAL REPORT The trustees, who are also directors for the purpose of company law, present their annual report and the financial ststements of the charitable company for the financial year ended 31 December 2023. The trustees have adopted the provisions of the Statement of Recommended Practice ISORPI "Accounting and Reporting by Charities" IFRS 1021 in preparing the annu31 report and financial statements of the charity. The financial statements have been prepared in accordance with accounting policies set out in notes to the accounts and comply with the chariW5 governing document, the Companies Act 2006, the Charities Act 2011 and Accountrng and Reporting by Charities: Statement of Recommended Practice applicablè to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16 July 2014. PUBLIC BENEFITSTATEMENT The trustees have paid due regard to the Charity Commission guidan on public benefit when reviewing the charitys objectives and activities. OBJECTIVES AND A1VITIEs FOR THE PUBUC BENEFIT The objertives of the charity are to advance in life and help young people from socially and economically disadvantaged communities and particularly, but not limited to, young people from such communities in Greater London and other such communitie5 in the United Kingdom of Great Britain and Northern Ireland, as a means of= l. Developing the skills, capacities and capabilities of young people to enable them to participate in Society 35 independent. mature and responsible individuals. 2. Advancing education. 3. Relieving unemployment,. and 4. Providing recreational and leisu time activity in the interests of social welfare for young people who havè need by reason of their social and economic ciicumstances with a view to improving their conditions of life- and in particular, but without prejudice to the generality of the foregoirbg, through the performing arts including but not limited to the field of drama in the form of theatre. film 3nd television by the provision, or assisting in the provision. of productions, workshops. summer schools, training, outreach programmes and mentoring and pastoral support.
tgn En¥elope1D' 710SCA3244DFaEIWBE430COE97E535 INTERMISSION YOUTH ACHIEVEMENTS AND PERFORMANCE FOR THE PUBLIC BENEFIT We continue to transform the lives of 16-25-year-olds who are lacking in opportunity, surrounded by thallenging environments and are predominantly (but not exclusively) from diverse ethnic communities in Greater London. The cornerstone of our work 15 our 10- month Youth Theatre programme, using theatre, and specifically the works of Shakespeare, to develop creativity. build ¢onfidence. increase life skills and encourage self-expression in a safe er5vironment. Through mentoring and wellbeing support, we help the young people make positive choices. encourage them into further education. provide routes into employment and increase their life chances. We continue to provide professional development, ongoing life-skills and mentoring support to our graduates, many of whom are navigating their way through systemic barrier5 in the film, TV and theatre industries. Through OLJr Community Empowerment programme, we have 5UPPOrted excluded pupils and young people in local communities Intermission Youth Theatre 2023 This year marked the Isth year of Intermission Youth Theatre, and. to mark this impressive milestone. we set out to offer a year of celebrations through new initiatives and performances. 40 young people joined the Iomonth programme. The groups split into two separate cohorts, with 20 young people in each one (Group A and Bl meeting on alternate weeks. The two cohorts were finally able to come together at our 2-week intensive Summer School, where external facilitators provided workshops including trust. timin& comedy, voice. stage combat, mask work, movement and mime. The highlight was the teaTn-buildinE day, a Go- karting experience in North London. followed by dinner at Istanbul, a Turkish restaurant in east London with whom we have built a good relationship. We welcomed two graduate facilitators. Lucy and Sara: to sUprt on the proEramme, both were assigned the role of assistant facilitator to group A and B respectively. We also welcomed jane Elfer la child and adolescent psychotherapistl to the team this year to provide one to one counselling and wellbeing support to our young people. The trustees gave the greenlight to our 15th year celebrations which consisted of 2 Shakespe3re-inspired productions,. Taming Who? by the graduates and Eycludedl by the youth theatre. The plays were performed in the main space of the Arcola Theatre, this 15 the first time in Iys history that we have played in 3 2(M>k seater theatre. It was a risk but with the backing from the Board, the high standards set and belief in our work. we were confident that we would pull it off. We engaged the support of a freelance producer, marketing manager and freelance fundraiser to assist with the project. We were successful with an Arts Council bid. which contributed £29k toward the productions. We experienced some difficulties with our producer and markettng lead, which led to a separation during
DttUSn Enveknpe ID 7106CA3244t)E7BEY?¢oE97Es35 INTERMISSION YOUTH pre-production- not ideal- but we managed to plough through and pull it ott. We learnt lot of lessons during this process. that we will carry forward into our future work. Both Taming Who? and Excluded! opened to critical acclaim for a 4-week run in November. Media coverage included BBC London, Sky New5, BBC Radio and numerou5 online publications. For many of our young people. it was their first experien of being interviewed on radio and TV. Due to limited space at the Arcola, rehearsals for the 15 year celebration took place at the home of XLP at All H311ows Church, in Liverpool Strèèt. We managed to secure this venue at a rÈduced rate, due to a pre-existing relationship with XLP and through the work of Sherry Dobbin. who is leading in our search for a new home. Thanks to the generous SlJPPOrt and donation from Trustee Mark Rylante and friend/supporter Claire Van Kampen, we were able to continue to offer a designated Bursèry Fund to make modest weekly payments to those most in need on our youth theatre and graduate programmes. This covered basic fwd, utilitie5 and travel. The recipient5 are generally care leavers andlor those who live alone. or with family members who are in need. There is an audit trail for all payments made 3nd receipts given for payments. Backstage programme In 2023 we piloted a backstage training programme for 4 young people and partnered with LAMDA who offered them training opportunitie5 in lighting. sound. stage manaEement and all thin85 backstage. During the year end produrtions. the young people took on trainee roles and shadowed the professionals in their respective departments. The programTHe was 3 succe55 and is something we will be developing in 2024. Shakespeare in Abbey We were invited back this year to participate in Shakespeare in the Abbey. the direttorial responsibility was offeied to myself. I led a company of Globe actors, Intermission graduates and currerst cohort members in a magical Shakespeare experience within Westminster Abbey, incorporating themes of n3tEJre, forgiveness and tare. The immersive show culminated in a classical rendition of "CandW by Cameo and by the end morphed into the more upbeat version we all know and love and had the audience tWO-5tepping out of the Abbey.... wonderful scenesl! This was a truly amazing experience for the those who took part. Cornmunity Engagement Tunmarsh Pupil Referral Unit This year we supplied two of our graduates to facilitate in Tunmarsh in a different way to what we have previously done. Tunmarsh's drama teacher took maternity leave and instead of bringing in a substitute teacher. Tunmarsh decided to collaborate with us to lead the drama engagement for years 7 to 11. The 2 graduates. Stevanie and Rakiyah. are full-time in Tunmarsh until the end of Feb 2024, when the drama teacher is due to return. Tunmarsh Head teacher, Liburd said the work that our graduates are delivering is unbelievable and he would love to find a way to keep them on.
Dacusiqn En¥ebpe ID" 7106CA3244D&4E7&AF8E430E97ES3s INTERMISSION YOUTH "We are so happy with the continued relotiorjship thot Newhom PRUS hos with Intermission. The pilot thAS yeor oAembedding Intermission work within the curriculum hos hod outstonding resultsfor engogement and the holistic development olour young people" Tunmar5h Pupil Referral Unit Graduate programme We have continued to provide ongoing mentoring. personal and professional development support to our iYfEraduate5. The 15th celebration was a major part of their engagement this year. Partnerships Royal 5hake5peare Company- 37 plays- a national playwriting competition As the London theatre partner. we worked with the RSC to encourage new writing from our young people and wider community. The opportunity enabled us to offer writing workshops to our network from professional writerslfacilitators and 5UPPOrtlnurturÈ them on their writing journey. We culminated a year of writing workshops with a festlV31 over 2 day5, showcasing the work of our writers through script-in-hand performances. This new programme has proved extremely popular and engaged well over So people throughout the year. We plan on developing this work in 2024. BFI/Film London Wsth support from BFI/Film London we were able to showcase 4 short films made by our Graduates with a screening in June at the Castle Cinema in Hackney. The screening was followed by a Q&A session with Adjani Salmon and Theresa Ikoko- we thank them for their time and generosity. SPA In January 2023 Intermission Youth signed a Service Level Agreement with the Arcola Theatre to use office and drama workshop space in Hackney, East London. We are grateful to the team at Arcola for their support and encouragement during the year. We'd also like to thank XLP at All Hallows Church in Liverpool Street who welcomed us into their space for the 12 weeks of rehearsals leading up to our end of ye3rl15 year celebratory performances. We continue to seek out like minded partners to assist us with our ad-hoc Space needs, but this has reinforced the need for Intermission Youih to have its own dedicated home- a safe haven for the young people. The staff and trustees have been proactive in looking at short-term and long-term options and are thankful to the team at award-winning architecis Foster + Partners who are workinB
r¢vjn ID 7106CA3244D64E7&AF8E-630COE97E535 INTERMISSION YOUTH with us on 8 vision for a lonEer-term, creative home. We are also grateful to Sherry Dobbin from SRD Culture Ltd, funded by the GLA, who have been supporting Intermission Youth in our search. FINANCIAL REVIEW FINANCIAL REVIEW Our work would not be possible without the generous donations of many people. Thank You. Thbs year in we received large finarhcial donations and received donated service5 from many individuals and organisations which have been included in the accounts (See 2.1 and 3 in Notes to the Financial Statements). The financial year in review has seen a steady increase donatr.ons and legacies reiVed which is very positive. We have incre3sÈd the expenditure on our projerts in line with this increase however not all funds were ulilised in ihis financial year. As mentr.oned below our reserves have grown but we have designated 3 signilicant proportion of these fund5 for projects running into 2024 and 2025. In 2023 we have delivered a busy IYT programme, including a new Production Team segment, as well 35 2 Shakespeare inspired productions performed by the cohort and graduates over 3 weeks which have increased our programme costs compared with 2022. The cost of delivering our in-person Community Engagement programme has likewise increased on 2022. We are grateful to the following trusts and foundations for helping fijnd our work in 2023.. The Golden Bottle Trust. The Jack Petchey Foundation. The Backstage Trust. The Gosling Foundation. Arts Council England, The Chalk Cliff Trust, The Lake Foundation, The Field Family Charitable Trust, The Sheldon Trust, The Percy Bilton Charity. Harry style5 and many more. Our Trustees also continue to support us linancially, which we greatly appreciate. The Trustees are aware of the need to increase major donor and corporate support going forward to give the charity a sustainable future. as well as continuing with its trusts and grants applications and earned income opportunitie5_ Reserves Policy Thè Trustees approved an update to the reserve5 poliry to target 4 months up to 6 months of operating expenditure (formerly the target level of reserves was 4 months). In December 2023 thi5 amounted to £1.000. The Trustees will review the reserves policy going forward. but the level of free reserves provides assurance that the charity can continue operating as a Éoing concern.
CkKLFdgn Envtw ID. 71rc3244[fAE7w8EJ0coE97E535 INTERMISSION YOUTH 2022 471.094 295.301 Totallund olthe charity Less.. Restricted furKIs Tangible fixed a5set5 Free reseNes 10.501 6.395 179 4.783 Going Concem The financial statements have been prepared on a going concern basis as the Trustees believe that no material uncertaintie5 exist. The Trustees have considered the level of funds held and the experted level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of resources for the charity to be able to continue as a going concern. STRuURE, GOVERNANCE AND MANAGEMENT The charity is constituted as a eompany, is limited by guarantee and wa5 incorporated on 11 December 2019 (number 123595021. The company was established under a Memorandum of Association and is governed under tis Articles of Association. The company wa5 registered as a charitable company limited by guarantee on 13 July 2020 with the registered charity numbei 1190391. The directors of the company are also charity trusteÈs for the purposes of charity law. The directors and tnjstees who served during the financial period are listed on page 2. Organisational structure and appolntment of trustees The business of the charity is managed by the Trustees who may exercise all the powers of the charity. New trustees are nominated by individual trustees and are approved and elected by the trustee5 at their regular meeting5. New trustees are briefed on their legal obligations under charity and company law, the content of the Memorandum and Articles of Association. The trustees give their time voluntarily and without remuneration. The Tru5tee5 are re5pon5ible forthe overall management of the charitable company, its strateEiC direction and policy making. In the financial year under review, the trustees met on six occasion5. most of which were online. The day-to-day operations are managed by the General Manager and the Artistic Director. io
DoEusign Envdope ID 7106CA3Z44DNETWBE-630CDE97E535 INTERMISSION YOUTH Management and Staff Darren Raymond continued as Artistic Director. Nana Antwin-Nyanin continued as Youth Engagement and Facilitation Manager. Olivia Fraser, Executive Assistant to the Artistic Director. left Intermission Youth in February 2023 to focus on her artistic career as a director and producer. Sue Morrison joined as General Manager in April 2023 replacing the role of Executive Director previously held by Sue Radford. Our freelance Finance Officer terminated her services in August 2023 and we have now contrarted to work with CASEwork Services CIC Ltd, to look after the financial aspects of the charity. Throughout the year we were very supported by a part time freelance Administrator, Naina Clayton who also supporte(I the Artistic Direttor aftèr Olivia's departure. Alice Stoker our Payroll Administrator. Morenike Onajobi our HR consultant and lane Elfer, a child and adolescent psychotherapist who provides one-to-one counselling to the young people. We have a freelance social media executive, Destiny Onisile, who works 2 days per week. Destiny is an Intermission Youth graduate. Key Risks and Uncertainties The Trustees have reviewed the risks to which the charitable company 15 exposed, in particular those related to its operations and finances. and are satisfied that appropriate systems and controls are in place to mitigate exposure to the major risks. One area that is considered to be the most significant risk to us is Fundraising Income. A high proportion of income is from fundraising. The Trustees monitor the progre55 through the year and ensure targets are challenging but achievable. There are no outstanding loans, liabilities or commitments being carried by the Trust. Internal control risks are minimised by the implementation of procedures for authori5ation of all transactions and projects. Policies and procedure5 are in place to ensure compliance with.. safeguarding of beneficiaries, staff and volunteers- health and safety,. risk assessments for activity & projects- data protection & privacv- equality. diversity & inclusion: financial & expenses transactions,. conflicts of interest- complaints. li
Do¢vsign EnveTwe ID 7106CA3244064E7&AFBE430COE97E535 INTERMISSION YOUTH Reporting Responsibilities Company law requires the Trustees, who are also directors for thè purpose of company law. to prepare financial statements for each financial year. Under that law the trustees mLJSt not approve thè financial statements unless thèy are satisfied that they give a true and fair view of the state of affairs of the charitable comparby and of the incoming resources and application of resources, intluding the income and expenditure, of the charitable companv for that period. In preparing these financial statements. the trustees are required to- selert the most suitable accounting policie5 and then to apply them consistently,. observe the methods and principles in the Charities SORP.. make judgements and accounting estimates that are reasonable and prudent.. prepare the financial statements on the going concern basis unless it Is inappropriate to assume that the charitable company will contiriue in operation. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions, disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006 and the provision of the charitrfs constitution. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In preparing this report. the trnstees have taken advantage of the small companies, exemptions provided by Section 415A of the Companie5 Act 2006. Approved by the Board of Trustees on 25 Septewnber 2024 and Signed on its behalf bv YO1A&()0F4F Alexander S Hoare Chair 12
DU$V} Enpe ID 7106CA3244W4E7&AF8E-6CQE97E535 INTERMISSION YOUTH INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF INTERMISSION YOUTH FOR THE YEAR ENDED 31 DECEMBER 2023 Independent examiner's report to the trustees of Intem)ission Youth I report to the charity trustees on my examination of the accounts of Intermission Youth Ithe Trust) for the year ended 310ecember 2023. Respon5ibilitie5 and ba515 of report the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charitie5 Act 20111.the Act'l. I report in respect of my examination of the Trust's account5 carried out under Section 145 of the Act and in carrying out my examination I have followed 311 applicable Directions given by the Charity Commission under Section 14515llbl of the Act. Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connettion with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the Trust as required by Section 130 of the Act,. or 2. the accounts do not accord with those records- or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any Tequirement that the account5 give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connertion with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Matthew Dobbins FCA Dunkley's Woodlands Grange Woodlands Lane Bradley Stoke Bristol United Kingdom BS32 4JY Date.. ICA l ?oZ4 13
Docuggn 71(cA3244064E7W8E-6OE97ES3s INTER MISSION YOUTH ru5 fuvJ5 luf•Js futsjs ¢uMs Jty.10$ 3LSSY 61 ror 4M701 IiS&I 6L316 454657 EXp1ethi". 51rrtttry 270 61%1 335,769 1210 1623 91631 •)7X •857 6I%I 350,862 21 T4t . 17&TJ 17.$51) (X$751 W. TrSlbrte1nkn1a$ 1&6451 L7 14X37F lalallunt¢Whlkryta T¢lJllLrfs¢•riltdfwffMr Y.Il5 3nD75 8T.519 2.088 145.24 2ty>W y.its The results of the year as set out above have been derived entirely from continuing operations. The notes on page$ 16 to 21 form part of these financial statements. 14
Dtthsign Enveknpe ID.. 71(fiCA3244DNE7&AFBE430COE97E535 INTER MISSION YOUTH Genettl DesIated Restricted 2023TaL nd5 lund5 fvnd5 fynd$ 22Total th)tes FlxethAs¥et5 T3ngthasset5 rOtsir¢dS&ets 6A95 6J95 4.783 47B3 790 centASSe r*btors fAshatbarLkawinrr8f rotalctwreAtassÈts 23.7 60.974 87.1 1079 429.2 87J57 25,B59 49)N26 8.251 3Tr.2Qi 211633 S)495S edittit&amountSl3lti¥dU¢tthIttWty 916 15.703 2s.r28 NetcuMenrassetsi[LkblllttÈsl 7.2A5 873 464,699 29iSiO TrtalassetsiÈSsetttFEIbfjrt1es 371075 8715 10.5TrJ 4n.094 294301 Totalnetassersullablthles 371075 8719 10,5 4n,094 &301 The notes on pages 16 to 21 form part of these financial statements. The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the yèar ended 31 December 2023. The members havè not required the company to obtain an audit of ils financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companie5 Act 2(K)6. The trustees acknowledge their reSnSibIlitieS for al ensuring that the charttable company keeps accounting CordS that comply with Sections 386 and 387 of the Companie5 Act 2006, and bl preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Section5 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable companv. These financial Statements have been prepared in accordance with the provi5ion5 applicable to charitable companies subject to the small companies, regime. The financial statements weie approved by the Board of Trustees on 25 September 2024 and were signed on its behalf bv: Alexander S Hoare Chair 15
Dsign EThVdo 10 7T06CA3244064EIWBE4XtOE97E535 INTER MISSION YOUTH NOTESTO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 310ECEMBER 2022 l. Basi5 of preparation Basis of atcountin The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in a¢cordance with the Charitie5 SORP IFRS 1021 'Accounting and Reporting by Charities.. Ststement of Recommended Practice applicable to charities preparing their accoijnts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191., Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Companies Act 2006. The financial statements have beèn prepared under the historical cost convention. The financial statements are presented in sterling and are rourided to the nearest pound. Goi concern The trustees have assessed whether the use of the going concern assumption is appropriate in preparing these financial 5tatement5. The trustee5 have made this a55e55ment in respect to a period of one year from the date of approval of these financial statements. The trustees of the charity have concluded that there are no material uncertainties re13ted to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees are of the opinion that the charity will have sufficient resources to meet its liabilities as they fall due. Chan e of aecountin The accounts present a true and fair view and no changes have been made to the accounting policies adopted. Chan es to accountin estimates No changes to accounting estimates have occurred in the reporting period. Material rior ear errors No material prior year error has been identified in the reporting period. 16
Dcthsi9n Envelope ID". 7l06C?44Dfj4ETwBE-63C((E97E555 INTER MISSION YOUTH 2. Accounting policies Income Income is included in the Statement of Financial Activities when: the charity become5 entitled to the resources- it Is more likely than not that the tru5tee5 will receive the re50urces,' the monetary value can be measured with sufficient reliability. There has been no offsetting of assets and liabilities. or income and expenses. unles5 required or permitted by the FRS 102 SORP or FRS 102. Grants and donations are only included in the SOFA when the general income recognition criteria are met15.10 to 5.12 FRS102 SORPI. In the case of performance related grants. income was only recognised to the extent that the charity has provided the specified goods or 5ervice5 as entitlement to the grant only occurs when the performance related conditions are met15.16 FRS 102 SORPI. The charity has not received government grants in the reporting period. Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the $3me fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. Contractual income and performance related grants are only included in the SOFA once the charity has provided the related goods or 5ervice5 or met the performance related conditions. Goods donated for on-going use by the charity are recognised as tangible fixed a55ets and included in the SOFA as incoming resotsrces when receivable. Donated Services and facilities that are consumed immediately are COgnised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA. The value of any volurstary help received is not included in the accounts but is described in the trustees, annual report. Reco nition of ex enditure and liabilities Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. 17
0ugn ETrVepe ID 7106CA3244D64E7WBE-63tKOE97E535 INTER MISSION YOUTH Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good prattl. No material item of deferred income has been included in the accounts. The charity has CfeditOTswhich are measured at settlement amounts less any trade discounts. A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date. Asset5 Tangible fixed assets for use by chaTity are capitali5ed if they can be used for more than one year and are valued at cost. The depreciation rates and methods used are disclosed in note 7. Debtors (including trade debtors) are measured on initial recognition at Settlement amount after any trade discount5 or amount advanced by the Charity- Subsequently, they are mea5U- red at the cash or other consideration experted to be received. 3. Income 157.134 iu &SX3 142 .428 am5 6Y.41B 147. 0¢11$pErtryeS 25.5m 21. lJth*rlMd1ngxO11 X574 nt5 TotalJACOffj• jo 18
t$n EnveW10" 71(6CA3244CwE7WBE-63197E53s INTER MISSION YOUTH 4. Expendtture IwwJ5 5A 12.421 GL 34 ¥x774 Iwii•fjtyikes 745 1274 1274 &OIMrCh•y I7.5 4.JOU J67 41 &Th¥4sseTS I5 7.7J 51r li.p PCkl 8z& 4UgP 62¥1 zz? 1623 ttertExAllNW5Fee5 1.116 ijts ht 5. Paid employees Pald employees 2022 2023 Salaries alWageS cial securitycosis Pension c05ts- defified contribution Othei rotalstaff Costs 137,234 6,551 1,318 3,449 148.552 135.842 10,117 3.143 149,102 No employees received employee benefits (excluding employer pension costsl for the reporting period of more than £60.000 nor for the previous period. The charity had an average head count of 3 this year12022= 31. There were no ex-grat13 payments to employees and others lextluding trustees) and no dundancy or termination payment was made in the period nor in the previous period. None of the trustees has been paid any remuneration or received any other benefits from an employment with their charity or a related entity irb the reporting period nor in the previous period. 19
Dsn Enveknpe ID. 7124DEAE1wBE43ocoE97535 INTER MISSION YOUTH No trustees. expenses have been incurred in the reporting period or the previous period. 6. Defined contribution pension The charity assesses each employee for eligibility a5 a jobholder under the auto-enrolment System. Any eligible jobholders are auto enrolled to a group money purchase defined contribution pension scheme. The asset5 of the scheme are held separately from those of the charity in an independently administered fund. The pension cost repre5ent5 the contributions payable under the scheme by the charity and the charity has no further liability other than the payment of those contributions and the jobholder is responsible for their own pension fund with the pension administrators. 7. Tangible Fixed Assets FiYture5. ritbrrfs& e4¢nt Batsnce broLWfonvard AthJIiiDD5 DtsPOSats CarDedfoTr¥ard Dipreciatitsn knce brnuDtro¢Wèm CbargefOi?1 DtsfM)Sa Carneoloard 1697 1.041 1.041 NetBtstskvae eiouEMloiwaio Clrnedtoa[ 4.?83 Furniture & fittings over £400 are capitalised at historic cost and depreciated on a straight- line basis over 7 years. Equipment below £400 is written off when acquired, otherwise is capitalised in fixed assets and depreciated on a straight-line basis at 20% per annum. An exception to these rates applied to fittings and equipment received in kind when the charity wa5 formed, a5 the useful life of those items was lower than stipulated above. Those donations received were depreciated between l and 3 years in accordance with their useful life and on a straight-line. 20
Docu5rgn Em¥d ID" 7106cA3244WE7&AFBE-63oE97Es3s INTER YOUTH MISSION 8. Debtors & Prepayments 2023 2022 Trade debtors Piepayrnents Oiher debtors Total .787 947 2.397 60.027 138 60.974 93.322 9. Creditors & Accrua15 2023 2022 Trade creditors Payments received on account Accruals Tax & social 5e¢urity Other creditor5 Total 6.311 9.792 14.621 4.795 2.692 3,953 25.728 16.437 10. Charity funds Fund fCffiE &EnlIu1E baLe FuDd bats¢ebll Un¢stTrcie0- Geffleraiimts De¢tEd. {lES DesigriÈd-ExecuTraSstsDl Des$1¢1-GI8du3leIQr0oK Des¢ted-kne 0esrJaTed-Te¢hn¢aiery4 Resir¢{eo.lamrywr ReSL[ted. CQrnmtyEr&e1nI ResilKT-è¢$tsl48È ResiiitTEd-GLA Rp5t[Kted.5he{ 148 37107S ii. iOM36 70.317 87 74.173 iU.LVJ Is.( ioxth) 4170 4.I7D Aesiricreo-Ie estilcLed.JackPEtchyF(MuIIln."knts RestiicLQd.TkeLf01èype RestlJCla-OTf*r Restiicted.YoLlthfurt 17F 177 167 167 2>S301 5B1175. 407J82 all 11. Transactions wth related parties Alexander Hoare. a TrusteelDirector of Intermission Youth is a Dirertor of Messrs Hoare Trustees which involves hunisreds of trusts. including the Golden Bottle Trust. The Golden BottleTrust donated £lll.LK)Oto support the work of Intermission Youth in the 2023 financial year1£104,500 in 20221. 21
Dotwgn En¥dop&10" 7106¢244E7&AFBE-83ocoE97E535 INTER MISSION YOUTH 12. Events after the end of the reporting period Following a review of the reserves policy in February 2023 to six months, the Reserves designated fvnd was increased to £IOO,QK)O. 22