Charity regisiraiion number.. 1193708
DEBP CIO
Annual Report and Financial 8tatem¢nts
for the Year Ended 31 August 2024
Comn)unily Accounling Plus
Uniis l & 2 North West
41 TalLx)i Street
Noitingham
NGI 5GL

DFBP CIO
Contents (continued)
Reference and Administrative Details
Truste¢s' Report
2to6
Statement of TTU5tee5' Respon5ibilitie5
Independent Exaininels Report
Statement of Fii)ancial Activities
Balance Sheet
10
Cash Flow Statement
Notes to the Financial Statements
12to 19

DFBP CIO
Reference and Administrative Details
Trustee5
John O'callaghan
Frank Lord
Kaye Twomloiv
Domii)ic Stevens
Senior Management Team
Clare Tglati
Laura Duck
lain MeBride
Sarah Cutler
Charity Registration Number
1193708
Principal Office
Commerce House
Millennium Way
Dunston
Chesterfield
Derbyshire
S41 8ND
ItLdepeDdent Examiner
John O'Brien, employee of
Commuiiity Accounting Plus
Units l & 2 North West
41 Talbot Street
Nottingham
NGI 5GL
Bankers
Co-operaiive Bank
15 Elder Way
Chesterfield
Derbyshire
S40 IUX
Page I

DFBP CIO
Trustees, Report
The tiustees present the annua] report together with the financial statements tsf the charity for the year ended 31
August 2024.
Truste¢5 and officers
The trustees and officers serving during the year and since the year end were as folloivs..
Trustees..
John O'callaghan
Frank Lord
Kaye Tw'omlow
Dominic Stevens
Structure. governance and management
Nulure ofgoverniug d￿UMent
The charity is operated under the rules of its constitution adopted 0510112021.
Recruitment and appoinlntenl of iru51ee5
The consiituiion states that ihere must be ai least three charity trustees, and that ihere is no maximum number of
charity trustees that may be appointed to DEBP CIO.
Currently there are 4 trustees so appoiiitment ol. i)ew trustees has iioi been necessary during the reporting period.
If new trustee(sl were to be appoinied, the current charity trustees would have regard to the skills. know.ledge
and experience needed for the effective administration of the CIO. The chariiy trustees would make available to
each new charitj Irusiee. on or beflire his or her first appointment=
(al a copy of the current version of this consiituiion., and
(bl a copy of the CIO-S latest Trustees. Annual Rekx)rt and siatement of accounts.
Objectives and activities
Objecls andoiFttS
l. To art as a resource for young people, including young people with special ediicational needs or other forms
of disability, up to the age of 25 throughout the UK by providing advice and assistance and organising
programmes of physical, ediicationgl and other activities: and by promoting research and publishing the useful
results of such research, as a means of..
(al advancing in life and helping young people by developing their skills, capacities and capabilities to enable
them to participate in society a5 independenL matiire and responsible individuals;
(bl advancingF education: aiid
(cl relievii)g unemployment.
2. To advance the education and training of adults in the UK who are socially andlor economically
disadvantaged.
Objeclives, slraieRies ￿nd uclivilies
We work with schools and employers to develLlP bespoke programmes to support young people aged up to 19
and up to 25 for young people with special ediicational needs and disabilities. We also work with vulnerable
young adults to advance their employability skills.
Page 2

DFBP CIO
Trustees, Report (continued)
Publi¢ bertefii
At DEBP. we want every child. young persoi) and vulneiable adult to have a future based on their skills not their
situation. On behalf of children. young people and vulnerable adults, we will always..
* Include opponunities for them to develop and recognise their skills
Offer bespoke support and interventions
Raise the expectations of key stakeholders to enable improved L)uicomes
Engage and support passionaie partners who inspire
Aim to increase confidence to articulate aspiration
Provide support io access and sustain educational and employment opportunities
* Advocate with their best interests at heart through all of our work. We include opportunities for our customers
to develop and recognise their skills.
The trL15tee5 confitin that they have COTnplied with the requirements of section 17 of the Charities Act 2011 to
have due regFard to the public benefit gFuidance published by the Charity Coinmission for England and Wale5.
Achievements and performance
The )ieai has been another exciting one in the develtspment of DEBP.. w'orking together to provide exemplary
opportunities for children, )ioung people, and youn¥ ddults. We have supported over i,O(X) students and woiked
with 160 employers from across the legion. Our commitment tu lii¥h quality, impartial, infotmdtion. ddvice, and
guidance has seen the staff teain seciire more Level 6 qiialifJLations-. providin¥ higl)ly rated careers advice for
young people in schools.
We want to thank the exceptiL)nal DEBP team. for their dedication and enthusiasm in offering children and
young people opportunities to recognise their value and showcase their talents. and say thank you to all our
partners, without whom none of this would be possible.
Key Highlights and Achievements
November 23
Project SEARCH Derby received an award for achieving l OOO/o empli)yment outcomes for 2021-2022. The
am'ards ceremony was in Blackpool as part of the DFN Pri)ject SEARCH Conferen¢e.
February 24
What's Next Event - A transition event that supported young people with SEND and their families, to explore
their options for the future.
March 24
Our Yoiith Voice teain atteiided the Connected Futures.. Youth Led Event, ivas about centring youth voice and
leadet5hip, and leariiing from others; and two inteTll5 froin Project SEARCH Derby visited the House5 of
Parliament to dI￿U$$ all things on National Supported Internship Day.
April 24
Careers Made in Chesterfield was l(IUnLhed, a programme that we look fonvard to expanding and en)bedding i
partnership with Chesterfield Borou¥h Coiiiicil.
Intern selectioii day5 take place across multiple Supported liitetnship sites iiicludit]g Our new ASDA partnership.
May 24
Our oftice space was reconfigured with the main office becoming our new alternative provision space called
Fuiure Focus.
Page 3

DFBP CIO
Trustees, Report (continued)
July 24
Giaduation ceremonies for Interns took place throughout the month. and the first group of learners from
Tibshelf Community School participated in 'Future Focus, hosted at the our otyices.
August 24
Our new support for FollLlW On Job Coaching launches to support new employees as they rransition frlim
education into employment.
Careers Made in Chesterfield
Careers Made in Chesterfield (CMIC) funded by Chesterfield Borough Council has had a successful first
year: hosting eight workshops for 275 young people and providing ivork experience placements for almost 30
students.
It provides s￿dentS with insights about local career oppartiinities and aims to create a pipeline of talent to
support local businesses. In its first year, the programme hgs focussed on the property and construction sector
but will expand to include the health and wellbeing sector and manufacturing sector over the next three years.
Industry experts have hosted interactive workshops at Ashgate Croft School, Parkside School, Springwell
Community College, Netherthorpe School and the Chesterfield YES Youth Hub.
Made in Chesterfield
The cainpaign, coordinated with Destination Chesterfield and sponsored by Chesterfield College, has i)ow taken
place for the tenth year. It aims to close skills gaps in Chesterfield by providing ytsui)g people with tours of
leading manufacturing, engineering, ai)d construction busine55es.
It took place in November, with 2J Students from 01)e schoolltraining provider involved in visits to two local
businesses.
Open Doors
We once again teamed up with East Midlands Combined County Auihority to provide Derbyshire and
Noitinghamshire studenis with the opportunity to engage with local employers.
The initiative aims to give groups of young people an insight into the workings of different businesses and
seciors, to break down misconceptions and stereoij'pes and to highli￿t Ihe 'unseen' roles within businesses. It
includes visits in 10 business and interactive talks in schools.
1.489 students from 26 schools took part in the 51 sessions with 35 employers.
Fusion Learning
Fusion Learning is a new project for a targeted group of learners from Heritage High School and The Bolsover
School. It is a partnership with Bolsovtr District Coiincil. Engineered Learning, Bolsover Partnership, East
Midlands Railway.. CoTnmunity Rail Network, Cross Country Trains Ltd and the Robin Hood Line.
12 students aged 14 to 16 were gFiveii a iiiiique opportunity to develop their employability Skills, to 5UPPOrt their
progFression into employinent.EJiLFji)eered Leatning assisted young people to leaTn fabrication and weldiiigF skills
in at] authentic workshop environment. They made a prototype woolly mainn)oth before doing a big version
w located at Creswell Railway Station.
All Ihe young people who look part have gained a Level One Award in Industry Specific Engineering Skills.
ready to take their skills into the workplace. 90 /0 of students went on io a posiiive posi-16 destination.
Page 4

DFBP CIO
Trustees, Report (continued)
Future Focus
Our new Future Focus offer - linkii)g witl) Bolsover Partnet5hip and Bolsover District Council. with funding
from the UK Shared Prosperiiy Fund (UKSPF)
supports the co-production of a 'creative hub, within the
District that will prlivide space for co-curricular activity.. alternative provision, a tlexible perfom]ance space, and
Climmunity venue, based around the creative sector.
The first group of 6 students from Tibshelf Community School attended the programme in July. They S￿nt the
week developing their ideas for a creative hub and culminated the week by pitching their business plan.
Project SEARCH
This year another programm¢ wa5 added to our expanding Supported Internship offer, supporting young p¢opl¢
on their journey towards sii%tainable employment. Gullivevs Kingdom in Matlock Bath commen¢ed in October
2023, with four interns joining the programm¢.
Project SEARCH Supported Internsliips also continued at University Hospitals of Derby and Burton with nine
interns on the programme, and at Chesterfield Royal Hospital li interns joined.
Across all Supported Intemship sites a total of 78 work rotations were completed by the interns.
Raising Aspirations
We ctsntinue to deliver the Raising Aspirations contiact, which is funded by Derbyshire Ctsunty Council Public
Health and Bolsover Parti)ership. We run a range of programmes under the Raising Aspirdtions bani)er but tl)ey
all aim htlp student5 (frvTn Key Sta¥e 2 to 5) positively transitioii into the next phase of their eduLdtion,
employment: or trainin¥.joun)ey.
This year we have supponed 5JO young people from 20 schools wilh the support from 40 employers, and over
270 sessions have been delivered in schools anivor in the workplate.
What's Next Event
We saw gr0￿h in our eveni to showcase opportunities for young people ￿'iTh Special Educational Needs and
Disabilities: through the provision of Ihe 'What's Next Event, in February.. where }'oung people and their
families were able to explore their next steps. whether in education, employment: or social care pathways.
Insight+
Throutwh oiir Insight+ offer, we have seen the expansioii of the Connected Futures Youth Voice Arnbassador
Team, hosted by DEBP, and they continue to challenge stereotypes around the capabilities of people with
Learning Disabilities E￿d/Or Autism SpectTUm Conditions.
Future Plans
We have receiitly laiinched a pilot initiative for 'Follow Oli Job Coachiii¥', supporting g5raduates from
Chesterfield Royal H05Pjtal. and Gulliver's. This is to help address the huge gap iii support cutTently available
for young people prouFressinbF frotn a Supported Intem5hip into employment.
From September 2024, we will be offering two new Supported Inteniship pro¥rammes - Amazon workints j
partnership with Derb}'shire Adult Cominuiiity Education ServiLe (DACES) and Asda ii) Spondon, with a iiew
educaiion partner in Derby Ciiy, the YMCA Key College.
We prepare for a competitive phase of Connecied Futures to secure funding for a further 3 years from the
Youth Futures Foundation.
Page 5

DFBP CIO
Trustees, Report (continued)
Fiom Septembei 2024, we start Mobility South DeTbysl)ire
funded by the UK Shared Prosperity Fund
(UKSPF), throu¥h South Derbyshire District Council
whicl) connects learners with loLdl employers. to help
iiispire the next generntion of w'orke15 into their industry.
* Fusion Learning continues with iwo additional schools.
We continue to develop our Future Focus offer and look forward to welcoming more siudents.
* Our Raising Aspirations programmes will be more besplike to individual schools with more intensive support-
up to a full academic year.
Following a second successful What's Next event. it will be repeated in February 2025. It will also link to the
Future Focus prL)gramme. with a group of studenis working towards SUPPL)rting the event.
We are incredibly grateful to all the organisations, partners and funders, Ivho helpyd make our work possible in
2023-24.
Finallcial review
Pollcy on reserves
To ensure that there is no significant disruption io our charitable activities, holding appropriate reserves will
enable DEBP to respond to any unforeseen reduction in income. Our reserves range is £180.000 to £260,000.
based on i-6 months operaiing expenses.
A review of the financial position is undertakell bi-monthly at DEBP (ieneral Meetings, and our assessment of
the possible fiiiancial impact of risks have been incorporated iiito the reserves range we have calculated.
Page 6

DEBP CIO
Statement of Trustees, Responsibilities
The trus￿$ arc r¢$FM)nsibl¢ for pr¢parin8 thc trus1￿$, rcp)rt and the finaneial $tatem¢nts in accordancc i*ith thc
Unl￿d Kingdom Accounting Standards (Unitd Kingdom GencrailN' Acccptcd Accounting Prdcticcl and
appliLablL Idl4' and fL¥U1￿10￿1s.
ThL lam. appliLablc to ch3tJti¢s wuiffs the tw4¢¢s to pr¢p￿ finarttiai for #ach finartc1￿ itar i%hich
Si￿¢ a tru¢ and Fair vicii" of thc statL of 21Tairs of ihc chariN and of thc ineomin8 rcsourcLs and application of
¥csourcLs of thc chants. for that p￿TIOd. In pr¢paring th¢* firtaTh¢ia] stht¥ffl¢nts. thb trust¢c$ wquired to..
sLlcct suitablL accouDtin¥ policibs and thLn applN th¢m eon$i$t¢ntl)".
Obse￿ the m¢th4xls and pnncip1tt5 Irt the Charitiex SORP.
make judycmLmts and Lstimatcs that are [L￿nabl¢ prl￿ent.
sthtc M"hcthcr appli¢abl¢ accounring stsndards hav¢ folloii&l. subjeei to an%. rnatcn￿ departurLs
discloscd and cxplain¢d in the fin3￿Cl￿ 5taternents: and
PTcparc thc financial statcmcnts OD th¢ goirtg ¢oth¢¢m basi$ unl¢ss JI is ittappropri*¢ ro prcstsme the
chariti. ii'ill continiic in business.
Thc injstccs arc rcspon5iblc for k¢cpiRg propeT a¢¢outhting re¢ords thai disclose ii.ith r¢as0t￿lIe accuraci ttt att%"
tuiie the f5DanCi￿ p)51ts0n of ¢harit! and L'nablc ihcm 10 ensure ihat the f1ts2nciai statemcnts compli. ii'ith thc
Challties Act 2011. th¢ Chariti¢$ IA¢¢ount$ attd R¢ports} Rcgulations 2008. and ihc provi5ion5 of thc
¢onstitution. Th¢ irusic¢$ a]v ￿$0 r¢sp)nsiblc for safLgkuarding thL asscts of th¥. charit>. and hLllCL for taking
rLasonable MLps for th¢ prevention and detectioD of fraud and oth¢r inE8ulartti¢$.
Thc iTUStccs arc rcswnsiblc for the maintetwi¢e and ittt¢gntr of th¢ ¢orporat¢ and finaneiai infomiation
inclydcd on the chantablc compani s iitbsite. ￿.￿lS12(10￿ uovcrnin8 thc prcparalion And disscminatioD of
fumthcial stakmcnts mai, diffcT fTom Icgislation otheT jurisdictions.
Approvcd b%. thc tnsstecs of the chariti. on rt..: I2.2trar￿ signed ort its behajf bi..
ohn O'c￿1#8ha
TThst¢c
Pagc 7

DFBP CIO
Independent Examiner's Report to the trustees of DEBP CIO
Itldependent exarnitLer'5 report to the trustees of DEBP CIO
I Itport to the trustees on m> txamii)ation of the dcLounts of DEBP CIO (the Charity) for the year ended 31
AugiLSt 2024.
Responsibilitie5 and basis of report
A.% the trnstees of the charity you are responsible for the preparation of the ac¢ounts in accordan¢e with the
requirements of the Charities Act 2011 (the Act')-
I report in respect of my examination of the Charity's accounts carried oiit under section 145 of the 2011 Act
and in carry'ing out my examination I have follo￿.ed all the applicable directions given by the Charity
Commission under section 145{5)(bl of the Act.
llldependent exarnitler 5 Staternent
Since the C.hariiy's gross income exceeded £250.000 your examiner must be a member of a body listed in
sectilin 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member
and Felloiv of the Association of Charity Independent Examiners, which is one of the listed bodies.
I have compleied my examination. I confimi that no matters have come to my attention in connectilin with the
examinaiion giving me cause to believe that in any material respect..
accounting records were not kept in respect of the Charity 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 accounting requirements concerning the forni and content of accounts
set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the
accounts give a 'true and fair, view ￿'hICh is not a matter considered as part of an independent examination.
I have concerns and have come acros5 110 other Tnatters iii connection with the examination to which attention
sliould be drawli in this report iii order to enable a proper under5tandinu of the accouiits to be reached.
John O'Brien Msc, FAIA, FCCA. FCIE, employee of Community Accounting Plus
Fellow of the Association of Charity Independent Examiners
Units l & 2 North West
41 Talbnt Street
Nottingham
NGI 5GL
0410412025
Page 8

DFBP CIO
Statement of Finaneial Activities for the Year Ended 31 August 2024
Total
2024
Total
2023
Unrestricted
Restricted
Note
Income and Endowments from:
Donations and legacies
Charitable activities
Other trading activities
4.800
578,572
4.800
942,993
21.095
658,050
8,828
364,421
Total Income
583,372
364,421
947,793
687,973
Expenditure on:
Charitable aciiviiies
(520.687)
(274,542)
1795.229)
(694,386)
Totsl Expenditure
Net movement in funds
(520,687)
(274,542)
1795 ?29)
(694.i86)
62,685
89,879
152,564
(6,413)
Reconciliation of funds
Total funds brought fonvard
148,712
148.712
155,125
Total funds Ca￿led fotiward
211,397
89,879
301,276
148,712
All of the charity's activities derive from continuing operation5 durin¥ the above two period5.
The fund5 breakdoThn for the period 15 Shown in note li.
Total
2023
Unrestricted
Restricted
Note
Income and Endowments from:
Donation5 and legacies
Charitable activities
Other trading activities
21,095
658,050
21,095
658,050
8,828
8,828
Total Income
679,145
8,828
687,973
Expenditure on-
Charitable aciiviiies
(682.193)
{12.193)
(694,386)
Total Expenditure
(682,193)
{12.193)
(694.386)
Net expenditure
Gross transfers between funds
{i.048)
{3,365)
(i,365)
i,?65
{6.413)
Net movement in funds
{6,413)
{6,413)
Re¢on¢iliation of fund5
Total funds brought fonvard
155,125
155,125
Tothl funds carried forward
148,712
148.712
The notes on pages 12 to 19 forni an integral part of these financial siatements.
Page 9

DEBP CIO
(Registration number: 1193708)
Bglan¢e Sheet as at 31 August 2024
21124
21123
Note
Current A55et5
Dcbtors
Cash * bank and in hand
10
75,029
230,i67
66.)62
305,596
168,474
Creditor5- Amount5 falling duc Ivithith ytxr
12
14.320
119.7621
r4et assets
3UI.276
1411,712
Funds of the tharity..
Restricted income fund$
RLsiric*d ￿ndS
89,879
Vrtrestritted income funds
Unrcstrictcd funds
211,397
148,712
Total funds
301.276
148.712
Thc fjnaneial stakmcnts on pages 9 to 19 ￿¢￿¢ approv¢d th¢ tyu*CS. attd authorised for issuc on
. and siyncd on th¢ir bchajf bN':
ohn O'callaghan
Tru$tc¢
The no¢¢s on pag¢$ 12 10 19 form an part of thcse finAn¢iaJ Str￿ments.
P4e 10

DFBP CIO
Cash Flow Statement for the Year Ended 31 August 2024
2024
2023
Note
Cash flows from operating aetivitie5
Net cash income/(expenditurel
152,564
{6.413)
Working capital adjustrnent5
(Increaselldecrease in debtors
(Decrease)lincrease in creditors
(8,467)
115,442)
75.087
7,769
12
Net cash flows from operating activities
1 ?8,655
76,443
Cash flows from financing activilie5
Repayment of loans and borrowings
12
118,582)
Net increase in cash and cash equivalents
128,655
57,861
Cash and cash equivalents at I September
101,912
44,051
Cash and cash equivalents at 31 August
230,567
101,912
Reeoneiliation ol net eash flow to movement in net funds
Increase in cash
128,655
57,861
Net funds at I September 2023
101,912
44,051
Net funds at 31 August 2024
?30,567
101,912
All of the cash flows are derived from continuing operations during the above two periods.
The notes on pages 12 to 19 forni an integral part of these financial siatements.
Pagell

DFBP CIO
Notes to the Financial Statements for the Year Ended 31 August 2024
l Accounting polieies
Statement of eompliartee
'I'hc financial statcincnts have been prepared in accordance with the second ¢dition of th¢ Charities Statement of
Recommended Practice issued in Octi)ber 2019. the Financial Reporting Standard applicable in the United
KinbFdoin at]d Republic of Ireland IFRS 102) aiid the Cl)aritie5 Act 2011.
Basis of preparation
DEBP CIO meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially
recognised at historical cost 01 tra115actioii value uiile55 Othetwise stated in the relevant accounting policy notes.
Going concern
The financial statements have been prepared on a going concern basis.
The trustees assess whethei the use of going concern is appropriate i.e. whether there are any material
uncertainties related to events or condititsns that may cast significant doubt on the ability of the charit>. to
CLintinue a5 a ¥oing conceTn. The trusttes make this a55esstnent in respect of a period of one year from the date
of approval of the financial siatements.
Itleome and eThdowmettts
Voluniary incoine including donations. gifts. legacies and grants that provide core funding or are of a general
nature is recognised when ihe chariry has entitlement to the income, it is probable that ihe inclime will be
received and the amount can be measured M'ith sufticient reliability.
Doualions legucies
Donatioiis and le&Tacies are recognised on a receivable basis when receipt 15 probable and the amount can be
reliably measured.
Grartts reeelvable
Grants are recogiiised whei) the charity has an entitlement to the funds and any conditions linked to the grants
have been met. Where perfomiance condiiions are attached to the grant and are yet to be meL the income is
recognised as a liability and included on Ihe balance sheet as deferred income to be released.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable
settlement is required and the amount can be measured reliably. All costs are allocated to the applicable
expenditure heading Ihai aggregates similar costs to that category. Where costs cannot be directly attributed to
parricular hegdings they have been allocated on a basis consistent with the use of resources: with central stsff
costs allocated on the basis of time spent, and depreciation charges gllocated on the portion of the asset's use.
Other siipport costs are allocated based on the spread of siaff costs.
Charilahle uclivilie.
Charitable expenditure comprises ihlise eosts incurred by the charity iii the delivery of its activities and services
for ils beneficiaries. It includes both costs that can be allocated direcily to such aciiviiies and those costs of an
ii)direct nature necessary to support them.
Page 12

DFBP CIO
Notes to the Finaneial Statements for the Year Ended 31 August 2024 (eontinued)
Goi'ernment grants
GoveTnrnent ¥rdnts are recogni5ed based on the accrual model and are measured at the fk)ir value of the asset
received or receivable. Grant5 are classified as relatin¥ either to revenue or to as5et5. Grants relatin¥ to revenue
are recognised in incoine over the period in which the related costs are recognised. Grants relating to a55et5 are
recognised over the expected useful life of the asset. Where part of a wnt relating to ali asset is deferred, it is
reco¥nised as defeTred income.
Taxation
The Lharity is eonsideied to pass the tests set out in Paragiaph I Schedule 6 of the Fii)ance Act 2010 and
tlier¢fore it meets the definition tsf a charitable cotnpany for UK corpvration tax puwoses. AcLor(lingly. the
charity is potentially exempt from taxation in respect of income or capiial gains received within Categories
covered by Chapter 3 Part I l ol. Ihe Corporation Tax Act 2010 or Seeiion 256 of the Taxation of Chargeable
Gains Act 1992. to the extent that sueh income or gains are applied exclusively io charitable purposes.
Trade debtor5
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary
CL)urse of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cosi
using the effective interest method, less provision for impaimient. A provision for the impaimient of debtors is
established when there is objective evidence that the chariry will not be able to collect all amounts due
according to the original temis of the receivables.
Cash and e#sh equivalents
Cgsh and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid
invesiments that are readily convertible to a knom'n amount of cash and are subject to an insignificant risk of
change in value.
Borrowings
Interest-bearing bo￿0￿11]6￿S are initially recorded at fair value, net of transaction costs. Intere5t-bearing
bOrro￿..1ngS are subseqiiently carried at amortised c05t. M'ith the difference between the proceeds, net of
transaction costs. and the amount due on redemption being recognised as a charge to the over the period of the
relevant borrow'ing.
Interest expense is recognised on the basis of the effective interest method and is included in interest pa}'able
and siinilar charges.
Borrowings are classified as current liabilities unless the has ai) unconditional right to defer settleinent of the
liability lor at least twelve Inonths after the reporting date.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees, discretion in furtheTance of
the objeciives of ihe charity.
Restricted income ￿ndS are those donated for use in a parti¢ulgr area or for specific purposes, the use of which
is restricted to that area or purpose.
Page 13

DFBP CIO
Notes to the Finaneial Statements for the Year Ended 31 August 2024 (eontinued)
Pensions and other post retirement obligations
The charity operate5 a defined contribution pension scheme for employees. The assets of the scheme are held
separately from those of the charity. Pension cost5 char¥es in the StsteTnent of Financial Activities represent the
contribution5 payable by the charity durin¥ the year.
2 Income from donations and legacies
Unrestricted
funds
Central
Total
2024
Total
2023
Donations and legacies.,
Donations from companies, tnists and similar
proceeds
Grants. incliiding capital grants;
Government grants
Grants from companies
18,095
3,000
4,800
4,800
4.800
4.800
21.095
3 Income from charitable activities
Unrestricted
funds
General
Restrieted
funds
Total
2024
Total
2023
Fees
Grants & donations
578,572
578,572
364,421
658,050
i64,421
578,572
364,421
942,993
658,0.50
4 Income from other trading activities
Total
funds
Total
2023
Fundraising
8,828
8,828
Page 14

DFBP CIO
Notes to the Finaneial Statements for the Year Ended 31 August 2024 (eontinued)
5 Grants and donations
Unrestricted
funds
Restricted
funds
Total fund5
D2N2 LEP
217,681
67,240
41,000
37,500
1,000
217,681
67,240
41,000
37,500
1,000
4.800
IET
Bolsover Districi Council
Soiith Derbyshire District Council
Africa Wild Trai15
Kaktsu Technologies
4.800
4,800
364,4?1
369,221
6 Expenditure on eharitable activities
Unrestricted
fund5
General
Restricted
funds
Total
2024
Total
2023
Advertising & proTnotional
Child Maintenance DEO
Computer costs
l-venture
Insurance
161
9,943
1,012
10,955
7,789
15,502
1,228
12,256
1.598
2,228
14,540
1,076
2,228
14.540
1.076
Nuffield bursaries
Nuffield travel expet)ses
Officelgeneral administrative
expenses
Prafcssional services
Phone costs
Rent
3,3i I
12,069
3,072
13,042
40
549
15,177
444,521
42
5,412
225
1.068
24,594
2,470
11,000
132
225
l i,430
602.9i3
17,481
3,297
13,042
40
549
31.135
694,7ii
1,600
1,062
STEM expenditure
Training
Travel & accominodation
Wages, Nl & pensions
Youth Voice Ambassador
Sundry expenses
15,958
250,212
1,600
1,062
520,687
274,542
795,229
694,386
Page 15

DFBP CIO
Notes to the Finaneial Statements for the Year Ended 31 August 2024 (eontinued)
7 Staff costs
The aggregate payroll costs were a5 follows..
2024
2023
Staff cost5 during the year were:
WagFes and salaries
So¢ial security costs
Pension costs
633.395
49,842
11,496
548.506
44.257
10,170
694,7i3
602,933
The monthly average number of persons {including senior management team) employed by the charity during
the year wa5 as follows..
2024
2023
Average number of persons employed
26
22
25 (2023 - 20) of the above emplL)yees participated in the Defined Contribution Pension Schemes.
Contributions to the employee pension schemes for the year totalled £1 1.496 (2023 £10,170).
No employee received emoluments of rnore thali £60,000 durin¥ the year
Th¢ iotsl employee benefits of the key management personnel of Ihe charity were £120,97212023 - £57,043).
8 INdepeNdeNt examiTher's fees
During the period, the fees payable (excluding VATI to the ¢harity's independent examiner Community
Accounting Plus are analysed as follows..
2024
2023
Ind¢pend¢nt examination
Other financial services
1.280
578
1.100
490
1.858
1,590
Page 16

DFBP CIO
Notes to the Finaneial Statements for the Year Ended 31 August 2024 (eontinued)
9 Taxation
The charity is a registered charity and 15 therefore exempt from taxation.
10 Debtor5
2024
2023
Trade debtors
7i.246
1,783
39.198
27,364
Accrued income
75,029
66,562
I I Cash and cash eqllivalents
2024
2023
Cash at bank
230,567
101.912
12 Creditors: amount5 falling due within one year
2024
2023
Other taxation and Social 5ecuTity
Other creditors
i03
4.017
11,784
7.978
4,)20
19,762
13 Funds
Balance at I
September
2023
Incoming
re50urees
Resources
expended
Balance at 31
August 2024
Unrestricted funds
G¢neral
148,712
583,372
(520,687)
211.397
Restricted funds
l-venture
Fusion Learning
Future Focus
Connected Future5
1,000
12,500
28,500
217,681
67.240
37,500
1,000
8,075
2,898
39,566
38.i40
(4.425)
(25,602)
IET
MSD
128.9001
137,5001
Total restricted funds
364,421
(274.542
89,879
Total funds
148,712
947,79i
(795,229)
301,276
Page 17

DFBP CIO
Notes to the Finaneial Statements for the Year Ended 31 August 2024 (eontinued)
Balance at I
September
2022
Balance at
31 August
2023
IncorniDg
resources
Resources
expended
Trallsfers
Unrestricted fund5
Generftl
General
155.125
679,145
{682,193)
(3,365)
148.712
Restricted
l-venture
12,193
3.365
Total funds
155,125
687,973
{694,386)
148,712
The specific putyoses for which the funds Rre to be applied are as follows..
l-venture
Africa.
Fusion Leamin¥ - Commissioned by Bolsover Partnership, Fusion Leamin¥ is a partnership project with
Bolsover District Couiicil, Engineered Leaming, East Midlands Railway, Community Rail Network, Cross
Coui)ty Trains Ltd and the Robin Hood Line, to provide 12 students aged 14-16 from the Bolsover District with
a unique opportunitS' to develop their employabilitv skills. to support their progresgion into employment.
Future Focus - Commissioned by Bolsover Partnership and Bolsovei District Council, with funding from the
UK Shared Prosperity Fund, Future Focus supports the co-pioduLtion of a 'creative hub, within the District.
working with the Disirici's 6 secondary schools.
Connected Futures
Partnership project with the D2N2 Local Enterprise Partnership and Nottinghamshire
Counry Council, awarded by Ihe Connected Futures Fund from the Youih Futures Foundaiion, seeking to
identify the sysiein and issues around employment for young people with Leaming Disabilities andllir Autism
Spectrum Conditions.
IET - Delivery partner flir the IET Faraday@ Challenge Days in Derbyshire. Nottinghamshire, and South
Yorkshire for the 2023-24 segson on behalf of IET Ediication.
MSD - Commissioned by South Derbvshire District Council. with funding from the UK Shared Prosperity Fun
to work in partnership with the Disirici's secondary schools and post-16 learners to provide bespoke packages of
support and opportunities for experiences of work.
fundraising for an international citizenship programme involving a students expedition to South
14 Analysis of net a55et5 between funds
Unrestricted
2024
Total funds
General
Restricted
Current assets
Current liabilities
215,717
{4,J201
89,879
305,596
{4,3?0)
Total net assets
211,397
89,879
301,276
Page 18

DFBP CIO
Notes to the Finaneial Statements for the Year Ended 31 August 2024 (eontinued)
Unrestricted
2023
Total funds
General
CuTrent assets
Current liabilities
168,474
119,7621
168.474
119.762)
Total net assets
148,712
148,712
IS Related party tran5actlOn5
There were no related party transactions in the year.
16 Trustees remuneration and expenses
No trustees, nor any persons connected w'ith them, have received any remuneration from the charity during the
year.
No tnjstees have received any reimbursed expenses or any other benefits from the charity during the year.
Page 19