Charity registration number: 1193708
## DEBP CIO
Annual Report and Financial Statements for the Year Ended 31 August 2025
Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
## **DEBP CIO**
## **Contents (continued)**
|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2 to 9|
|Statement of Trustees' Responsibilities|10|
|Independent Examiner's Report|11|
|Statement of Financial Activities|12|
|Balance Sheet|13|
|Cash Flow Statement|14|
|Notes to the Financial Statements|15 to 23|
## **DEBP CIO**
## **Reference and Administrative Details**
**Trustees** John O'Callaghan Frank Lord Kaye Twomlow Dominic Stevens **Senior Management Team** Clare Talati Laura Duck Iain McBride Sarah Cutler Paula Symonds **Charity Registration Number** 1193708 **Principal Office** Commerce House Millennium Way Dunston Chesterfield Derbyshire S41 8ND **Independent Examiner** Eva Stevens, employee of Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL **Bankers** Co-operative Bank 15 Elder Way Chesterfield Derbyshire S40 1UX
Page 1
## **DEBP CIO**
## **Trustees' Report**
The trustees present the annual report together with the financial statements of the charity for the year ended 31 August 2025.
## **Trustees and officers**
The trustees and officers serving during the year and since the year end were as follows:
Trustees: John O'Callaghan Frank Lord Kaye Twomlow Dominic Stevens
## **Structure, governance and management**
## _**Nature of governing document**_
The charity is operated under the rules of its constitution adopted 05/01/2021.
## _**Recruitment and appointment of trustees**_
The constitution states that there must be at least three charity trustees, and that there is no maximum number of charity trustees that may be appointed to DEBP CIO.
Currently there are 4 trustees so appointment of new trustees has not been necessary during the reporting period. If new trustee(s) were to be appointed, the current charity trustees would have regard to the skills, knowledge and experience needed for the effective administration of the CIO. The charity trustees would make available to each new charity trustee, on or before his or her first appointment:
(a) a copy of the current version of this constitution; and
(b) a copy of the CIO’s latest Trustees’ Annual Report and statement of accounts.
## **Objectives and activities**
## _**Objects and aims**_
1. To act as a resource for young people, including young people with special educational 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, educational and other activities, and by promoting research and publishing the useful results of such research, as a means of:
(a) advancing in life and helping young people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals;
(b) advancing education; and
(c) relieving unemployment.
2. To advance the education and training of adults in the UK who are socially and/or economically disadvantaged.
## _**Objectives, strategies and activities**_
We work with schools and employers to develop bespoke programmes to support young people aged up to 19 and up to 25 for young people with special educational needs and disabilities. We also work with vulnerable young adults to advance their employability skills.
Page 2
## **DEBP CIO**
## **Trustees' Report (continued)**
## _**Public benefit**_
At DEBP, we want every child, young person and vulnerable 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 opportunities for them to develop and recognise their skills
- Offer bespoke support and interventions
- Raise the expectations of key stakeholders to enable improved outcomes
- Engage and support passionate partners who inspire
- Aim to increase confidence to articulate aspiration
- Provide support to 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 trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
## **Chair and CEO Foreword**
It’s been another busy year at DEBP, and whilst some opportunities come to an end, like the flagship Raising Aspirations Programme, others continue to grow, including the Supported Insight Scheme, our pre-internship programme.
The Inclusion team has continued to introduce new ways to support young people with special educational needs and disabilities (SEND) to recognise and develop their skills, opening up new opportunities for independence, and an expansion of the team means we can do more, and shall.
The Supported Internship programmes are ensuring that young people have the skills and experience to secure equitable employment, with 100% positive outcomes from the Chesterfield Royal Hospital-hosted programme, and with new Follow-On Job Coaching, DEBP can now provide employers and young people with the support required to sustain their employment outcomes.
Careers Made in Chesterfield has set the bar high for large-scale experiences of work, supporting schools in readiness for the strengthened requirements around providing work experience for their learners.
The ‘What Next’ event continues to grow, and the unique approach taken is proving popular with schools, young people, and parents/carers when it comes to exploring what opportunities they have as they plan their transition from their school setting.
And of course, Connected Futures is paving the way for youth leadership across the region, and the highly anticipated report from the National Institute of Social and Economic Research (NIESR) will be published later this year, setting out the principles for youth-led commissioning, just ahead of the launch of Phase 2.
Our dedicated and passionate team at DEBP continue to provide impactful opportunities for thousands of young people across the region, working in partnership with outstanding local partners and employers.
Page 3
## **DEBP CIO**
## **Trustees' Report (continued)**
## **About us**
We are a Charitable Incorporated Organisation. We support children, young people, and vulnerable adults to build positive futures by providing opportunities and tools for success. We work with primary, secondary, mainstream, specialist schools, and support centres, and in the community, supporting learners up to age 19 or 25 for young people with SEND, as well as vulnerable young adults up to age 30 to advance employability skills.
On behalf of children, young people, and vulnerable adults, we will always:
- Include opportunities for them to develop and recognise their skills.
- Offer bespoke support and interventions.
- Raise the expectations of key stakeholders to enable improved outcomes.
- Engage and support passionate partners who inspire.
- Aim to increase confidence to articulate the aspiration.
- Provide support to access and sustain educational and employment opportunities.
- Advocate with their best interests at heart through all of our work.
## **Achievements and performance**
September 24 - Started using our new minibus to transport students to some of our on-site programmes.
October 24 - We celebrated the achievements of students involved in Research Placements and Experiences.
January 25 - MP for Mid Derbyshire visited our Supported Internship at ASDA and the Youth Voice Team met the MP for Erewash.
February 25 - Once again secured Matrix standard accreditation; we ran a successful What’s Next event for SEND students; and, the Youth Voice Team presented at the Chesterfield and North Derbyshire Employability and Skills Conference.
April 2025 - We celebrated National Supported Internship Day across our host sites.
June 2025 - As part of our Connected Futures programme we organised training for local SEND schools on vocational profiling in partnership with BASE; and, we took part in the Learn Live UK Careers Live on SEND pathways.
July 2025 - All our Supported Internship learners graduated.
All the Fusion Learning students achieved a Level 1 certificate in Industry Specific Engineering Skills; two of our collaborative projects featured in the Bolsover Partnership's AGM video; and, we launched our Connected Futures Role Models Campaign.
Page 4
## **DEBP CIO**
## **Trustees' Report (continued)**
## **School involvement**
We work with primary, secondary, mainstream, specialist schools, and support centres. Our wide range of programmes ensures there is something suitable for each age group.
- 139 schools involved in our programmes
- 3988 students supported through our programmes
- 744 different sessions/activities delivered.
Please note: Some schools take part in multiple activities and are included in these totals.
## **Employer contribution**
Employer engagement is an essential part of our work to help ensure young people are developing skills employers value and look for.
All our programmes benefit significantly from employer input, both in the design and delivery stages.
- 44 companies supported our programmes.
- 81 individual activities - employer visits, site visits mock interviews, employability workshops, etc.
- 250 contact hours supported.
- £150,000+ in-kind support from employers providing meaningful careers-related activity.
## **Careers Made in Chesterfield (CMiC)**
CMiC, funded by Chesterfield Borough Council as part of its Skills Action Plan and delivered by DEBP, has enjoyed another successful year - engaging 214 young people through interactive workshops and providing 20 work experience placements.
Designed to strengthen the local talent pipeline, CMiC helps students gain a clearer understanding of the skills, qualifications, and pathways required to secure high-quality employment in the Chesterfield area - alongside first-hand experience of real working environments.
Workshops were delivered at three schools, and working in teams, students tackled a challenge based on a flooding incident - designing flood prevention measures and planning a temporary hospital to support the community in an emergency. All whilst exploring the different sectors and recognising their transferable skills. Students have also participated in several employer site visits, providing valuable insights into local industrie.
## **Direct Commissions**
We currently work with 12 schools - eight SEND, four mainstream - on direct commissions. This involves delivering 1:1 and small group guidance sessions, including action planning and transition support.
The majority of direct commissions are carried out by our Level 6 career practitioners. However, we also offer employability skills work targeted towards supporting young people to become aware of their skills and to develop other elements of their skills in preparation for their post-16 destinations.
We hold the Matrix Standard, a unique nationally recognised quality standard which assesses and measures the information, advice, and guidance services that ultimately support individuals in their choice of career, learning, work, and life goals.
Page 5
## **DEBP CIO**
## **Trustees' Report (continued)**
## **Insight+**
Insight+ is the research and evaluation arm of our business. The main project we currently are working on is Connected Futures.
## **Connected Futures**
Connected Futures in East Midlands Combined County Authority (EMCCA) is an in-depth research project seeking to identify the system and issues around employment for young people with Learning Disabilities and/or Autism Spectrum Conditions. It considers preparation for work, as well as securing employment and career progression.
The Youth Voice team have identified and are leading commissioned activities, including:
• Running a role model campaign to showcase what young people with LD and/or ASC can do in different careers.
• Producing a video highlighting supported internships as a pathway to employment and the opportunities available locally.
- Creating and piloting a toolkit for vocational profiling.
• Developing and piloting an Individual Workplace Plan, to help employees with LD and/or ASC meet their needs and make reasonable adjustments.
The project is a partnership with EMCCA, Nottinghamshire County Council, Nottingham City Council, Derbyshire County Council and Derby City Council. It was awarded by the Connected Futures Fund from the Youth Futures Foundation.
## **IET Faraday® Challenge Day**
It was fantastic to be a delivery partner for the IET Faraday® Challenge Days in Derbyshire, Nottinghamshire, South and North Yorkshire for the 2024-25 season on behalf of IET Education.
We led challenges at 20 different organisations across the region, including the University of York and the University of Nottingham. 52 schools and 714 students were involved.
## **Made in Chesterfield (MiC)**
MiC is about providing young people across Chesterfield and the surrounding areas with the opportunity to experience a hands-on introduction to careers in manufacturing, property and construction. Throughout the festival, six schools and 114 young people participated in 11 workplace visits, gaining real-world insights into local opportunities with eight local businesses.
This year's Made in Chesterfield Festival was run by Destination Chesterfield and facilitatated by DEBP. Find out more at www.chesterfield.co.uk/made-in-chesterfield
## **Mobility South Derbyshire**
By connecting learners with local employers, Mobility South Derbyshire inspires the next generation of workers into their industry. Mobility South Derbyshire provides young people with a great opportunity to improve and develop the skills they need and that employers value, as well as learning about behaviours and attitudes appropriate to employment settings.
It has included inspiration days, next step workshops, skills for success sessions, apprenticeship assemblies, employer workshops and experiences of work. It has involved 366 students from four schools.
Page 6
## **DEBP CIO**
## **Trustees' Report (continued)**
## **Open Doors**
We once again teamed up with East Midlands Combined County Authority to provide Derbyshire and Nottinghamshire students 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 sectors, to break down misconceptions and stereotypes and to highlight the 'unseen' roles within businesses. It includes visits to business and interactive talks in schools. 1448 students from 27 schools took part in the 54 sessions with 47 employers. Find out more at www.opendoorsprogramme.co.uk
## **Raising Aspirations**
We continue to deliver the Raising Aspirations contract, which is funded by Derbyshire County Council Public Health and Bolsover Partnership.
We run a range of programmes under the Raising Aspirations banner, but they all aim to help students (from Key Stage 2 to 5) positively transition into the next phase of their education, employment, or training journey.
- Future Focus (RA+)
- Fusion Learning
- What’s Next
This year, we have supported 531 young people from 13 schools with support from 40 employers!
## **What’s Next?**
Almost 100 young people from six schools, along with their parents/carers, attended the 'What Next?' event. This event aims to empower young people with special educational needs and disabilities to find out about options for their future, the pathways available, and to talk to them about planning their next steps.
A range of organisations support, including: support services, colleges, training providers, supported internships, health and social care, day services, short break providers, community activities, countryside projects and many more!
We also had support on the day from students taking part in our Supported Insight Scheme™. They met and greeted visitors and helped them to find their way around.
## **Future Focus**
Future Focus was commissioned through Bolsover Partnership and the UK Shared Prosperity Fund (UKSPF). It aimed to provide learners from local secondary schools the opportunity to enhance and showcase their skills and peer-to-peer relationships, utilising a potential new Creative Hub as a vehicle for their personal development.
It took place with five schools and learners from each school (72 learners in total) engaged in their own six-week programme, which was equivalent to 25 hours of targeted delivery. Each week they worked to turn their individual ideas into a collaborative design pitch that could be presented to key stakeholder during the final session, all whilst following their own schedule and self-allocated workloads.
Page 7
## **DEBP CIO**
## **Trustees' Report (continued)**
## **Fusion Learning**
Fusion Learning is a project for a targeted group of learners. It is a partnership with Bolsover District Council, Engineered Learning, Bolsover Partnership, East Midlands Railway, Community Rail Network, Cross Country Trains Ltd and the Robin Hood Line.
10 students aged 14 to 16 from 4 schools were given a unique opportunity to develop their employability skills, to support their progression into employment. Engineered Learning assisted young people to learn fabrication and welding skills in an authentic workshop environment.
All the young people who took part have gained a Level One Award in Industry Specific Engineering Skills, and will continue to benefit from DEBP support in their final year at school in 2025/26.
The Robin Hood Line Community Rail Partnership was awarded first place in the 'Involving Children and Young People' category for its involvement in the Fusion Learning project.
## **Supported Insight Scheme (SIS)**
Our Supported Insight Scheme - funded by East Midlands Combined County Authority - continues to grow, and this academic year it has been delivered to 16 students from four schools across Derbyshire and Nottinghamshire. It has brought new employer partners and a host of relatable role models to our SEND schools, with possible progression to one of our Supported Internship programmes being an achievable outcome.
It includes preparation for employability learning in school, work placements supported on-site by a Job Coach and Employer Mentor, and post-placement consolidation of learning in school.
## **Supported Internships**
July saw all of our Supported Interns graduate, with eight young people securing employment within our host businesses: Asda, Amazon, Chesterfield Royal Hospital (CRH) and Gulliver's Kingdom, and now accessing follow-on coaching.
## **Future plans**
• Careers Made in Chesterfield continues for a third year and expands to include further industry sectors.
• Connected Futures East Midlands continues until September 2028, and we look forward to recruiting new Connected Futures Ambassadors to lead change on this programme.
• We aim to increase our Inclusion delivery and collaborate with new partners on an exciting development for youth voice.
• We are developing our three core services - Future Focus Alternative Provision, Careers Education Information Advice and Guidance and Experiences of Work - as well as bespoke options to suit individual requirements.
• We continue to strengthen our work with employers, involving them in both design and delivery of our programmes.
Page 8
## **DEBP CIO**
## **Trustees' Report (continued)**
## **Financial review**
We are happy that our unrestricted funds balance has increased compared with last year.
## _**Policy on reserves**_
To ensure that there is no significant disruption to our charitable activities, holding appropriate reserves will enable DEBP to respond to any unforeseen reduction in income. Our reserves range is £210,000 to £420,000, based on 3-6 months operating expenses.
A review of the financial position is undertaken bi-monthly at DEBP General Meetings, and our assessment of the possible financial impact of risks have been incorporated into the reserves range we have calculated.
Page 9
## **DEBP CIO**
## **Statement of Trustees' Responsibilities**
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that 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 Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees 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.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Approved by the trustees of the charity on .................... and signed on its behalf by:
......................................... John O'Callaghan Trustee
Page 10
## **DEBP CIO**
## **Independent Examiner's Report to the trustees of DEBP CIO**
## **Independent examiner’s report to the trustees of DEBP CIO**
I report to the trustees on my examination of the accounts of DEBP CIO (the Charity) for the year ended 31 August 2025.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner’s statement**
Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Chartered Institute of Public Finance and Accountancy (CIPFA), which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. 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 form 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 which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection 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.
......................................
Eva Stevens, BSc, CPFA, employee of Community Accounting Plus member of the Chartered Institute of Public Finance and Accountancy (CIPFA)
Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
Date:.............................
Page 11
## **DEBP CIO**
## **Statement of Financial Activities for the Year Ended 31 August 2025**
|**Note**
**Unrestricted**
**£**
**Restricted**
**£**
**Total**
**2025**
**£**
**Income and Endowments from:**
Donations and legacies
2
35,225
-
35,225
Charitable activities
3
553,271
315,307
868,578
Total Income
588,496
315,307
903,803
**Expenditure on:**
Charitable activities
5
(528,030)
(409,467)
(937,497)
Total Expenditure
(528,030)
(409,467)
(937,497)
Net movement in funds
60,466
(94,160)
(33,694)
**Reconciliation of funds**
Total funds brought forward
211,397
89,879
301,276
Total funds carried forward
12
271,863
(4,281)
267,582
All of the charity's activities derive from continuing operations during the above two periods.
The funds breakdown for the period is shown in note 12.
**Note**
**Unrestricted**
**£**
**Restricted**
**£**
**Income and Endowments from:**
Donations and legacies
2
4,800
-
Charitable activities
3
578,572
364,421
Total Income
583,372
364,421
**Expenditure on:**
Charitable activities
5
(520,687)
(274,542)
Total Expenditure
(520,687)
(274,542)
Net movement in funds
62,685
89,879
**Reconciliation of funds**
Total funds brought forward
148,712
-
Total funds carried forward
12
211,397
89,879|**Total**
**2024**
**£**
4,800
942,993|
|---|---|
||947,793|
||(795,229)|
||(795,229)|
||152,564
148,712|
||301,276|
||**Total**
**2024**
**£**
4,800
942,993|
||947,793|
||(795,229)|
||(795,229)|
||152,564
148,712|
||301,276|
The notes on pages 15 to 23 form an integral part of these financial statements. Page 12
## **DEBP CIO**
## **(Registration number: 1193708) Balance Sheet as at 31 August 2025**
|**Note**
**Current assets**
Debtors
9
Cash at bank and in hand
10
**Creditors: Amounts falling due within one year**
11
**Net assets**
**Funds of the charity:**
**Restricted income funds**
Restricted funds
12
**Unrestricted income funds**
Unrestricted funds
**Total funds**
12|**2025**
**£**
81,068
202,230
283,298
(15,716)
267,582
(4,281)
271,863
267,582|**2024**
**£**
75,029
230,567|
|---|---|---|
|||305,596
(4,320)|
|||301,276|
|||89,879
211,397|
|||301,276|
The financial statements on pages 12 to 23 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by:
......................................... John O'Callaghan Trustee
The notes on pages 15 to 23 form an integral part of these financial statements. Page 13
## **DEBP CIO**
## **Cash Flow Statement for the Year Ended 31 August 2025**
|**Note**
**Cash flows from operating activities**
Net cash (expenditure)/income
**Working capital adjustments**
Increase in debtors
9
Increase/(decrease) in creditors
11
Net cash flows from operating activities
Net (decrease)/increase in cash and cash equivalents
Cash and cash equivalents at 1 September
Cash and cash equivalents at 31 August
**Reconciliation of net cash flow to movement in net funds**
(Decrease)/increase in cash
Net funds at 1 September 2024
Net funds at 31 August 2025|**2025**
**£**
(33,694)
(6,039)
11,396
(28,337)
(28,337)
230,567
202,230
(28,337)
230,567
202,230|**2024**
**£**
152,564
(8,467)
(15,442)|
|---|---|---|
|||128,655|
|||128,655
101,912|
|||230,567|
|||128,655
101,912|
|||230,567|
All of the cash flows are derived from continuing operations during the above two periods.
The notes on pages 15 to 23 form an integral part of these financial statements. Page 14
## **DEBP CIO**
## **Notes to the Financial Statements for the Year Ended 31 August 2025**
## **1 Accounting policies**
## **Statement of compliance**
The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities 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 or transaction value unless otherwise stated in the relevant accounting policy notes.
## **Going concern**
The financial statements have been prepared on a going concern basis.
The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements.
## **Income and endowments**
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
## _**Donations and legacies**_
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
## _**Grants receivable**_
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the 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 that aggregates similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
## _**Charitable activities**_
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Page 15
## **DEBP CIO**
## **Notes to the Financial Statements for the Year Ended 31 August 2025 (continued)**
## **Government grants**
Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **Trade debtors**
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
## **Fund structure**
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
## **Pensions and other post retirement obligations**
The charity operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the charity. Pension costs charges in the Statement of Financial Activities represent the contributions payable by the charity during the year.
Page 16
## **DEBP CIO**
## **Notes to the Financial Statements for the Year Ended 31 August 2025 (continued)**
## **2 Income from donations and legacies**
|Donations and legacies;
Donations from individuals
Grants, including capital grants;
Government grants
Grants from other charities
Grants from companies|**Unrestricted**
**funds**
**General**
**£**
647
26,578
8,000
-
35,225|**Total**
**2025**
**£**
647
26,578
8,000
-
35,225|**Total**
**2024**
**£**
-
-
-
4,800|
|---|---|---|---|
||||4,800|
## **3 Income from charitable activities**
|Fees
Grants & donations|**Unrestricted**
**funds**
**General**
**£**
553,271
-
553,271|**Restricted**
**funds**
**£**
-
315,307
315,307|**Total**
**2025**
**£**
553,271
315,307
868,578|**Total**
**2024**
**£**
578,572
364,421|
|---|---|---|---|---|
|||||942,993|
## **4 Grants and donations**
|**4**
**Grants and donations**||||
|---|---|---|---|
|D2N2 LEP
East Midlands Combined County Authority
Bolsover District Council
South Derbyshire District Council
BCVS
Junction Arts
Sundry grants & donations|**Unrestricted**
**funds**
**£**
-
26,578
-
-
-
8,000
647
35,225|**Restricted**
**funds**
**£**
20,500
128,737
99,200
47,250
19,620
-
-
315,307|**Total funds**
**£**
20,500
155,315
99,200
47,250
19,620
8,000
647|
||||350,532|
## **5 Expenditure on charitable activities**
||**Unrestricted**||||||
|---|---|---|---|---|---|---|
||**funds**|**Restricted**|**Total**||**Total**||
||**General**|**funds**|**2025**||**2024**||
||**£**|**£**|**£**||**£**||
|Advertising & promotional|-|122||122||37|
|Child Maintenance DEO|-|488||488||81|
||Page 17||||||
## **DEBP CIO**
## **Notes to the Financial Statements for the Year Ended 31 August 2025 (continued)**
|Computer costs
Fusion Learning
Insurance
Minibus
Nuffield bursaries
Nuffield travel expenses
Office/general administrative
expenses
Professional services
Phone costs
Rent
STEM expenditure
Training
Travel & accommodation
Wages, NI & pensions
Youth Voice Ambassador
Sundry expenses|**Unrestricted**
**funds**
**General**
**£**
5,960
-
5,335
2,595
2,849
-
1,818
8,304
3,323
14,500
-
1,833
15,449
466,064
-
-
528,030|**Restricted**
**funds**
**£**
150
50,220
-
4,344
-
-
733
-
-
-
-
313
25,836
287,193
40,068
-
409,467|**Total**
**2025**
**£**
6,110
50,220
5,335
6,939
2,849
-
2,551
8,304
3,323
14,500
-
2,146
41,285
753,257
40,068
-
937,497|**Total**
**2024**
**£**
10,955
-
2,228
-
14,540
1,076
3,373
17,481
3,297
13,042
40
549
31,135
694,733
1,600
1,062|
|---|---|---|---|---|
|||||795,229|
Page 18
## **DEBP CIO**
## **Notes to the Financial Statements for the Year Ended 31 August 2025 (continued)**
## **6 Staff costs**
The aggregate payroll costs were as follows:
|**Staff costs during the year were:**
Wages and salaries
Social security costs
Pension costs|**2025**
**£**
686,419
53,624
13,214
753,257|**2024**
**£**
633,395
49,842
11,496|
|---|---|---|
|||694,733|
The monthly average number of persons (including senior management team) employed by the charity during the year was as follows:
|Average number of persons employed|**2025**
**No**
28|**2024**
**No**
26|
|---|---|---|
21 (2024 - 25) of the above employees participated in the Defined Contribution Pension Schemes.
Contributions to the employee pension schemes for the year totalled £13,214 (2024 - £11,496).
No employee received emoluments of more than £60,000 during the year
The total employee benefits of the key management personnel of the charity were £243,785 (2024 - £120,972).
## **7 Independent examiner's fees**
During the period, the fees payable (excluding VAT) to the charity’s independent examiner Community Accounting Plus are analysed as follows:
|Accounting Plus are analysed as follows:|||
|---|---|---|
|Independent examination
Other financial services|**2025**
**£**
1,335
554
1,889|**2024**
**£**
1,280
578|
|||1,858|
Page 19
## **DEBP CIO**
## **Notes to the Financial Statements for the Year Ended 31 August 2025 (continued)**
## **8 Taxation**
The charity is a registered charity and is therefore exempt from corporation taxation.
|**9**
**Debtors**
Trade debtors
Prepayments
**10 Cash and cash equivalents**
Cash at bank
**11 Creditors: amounts falling due within one year**
Other taxation and social security
Other creditors|**2025**
**£**
78,524
2,544
81,068
**2025**
**£**
202,230
**2025**
**£**
11,595
4,121
15,716|**2024**
**£**
73,246
1,783|
|---|---|---|
|||75,029|
|||**2024**
**£**
230,567|
|||**2024**
**£**
303
4,017|
|||4,320|
Page 20
## **DEBP CIO**
## **Notes to the Financial Statements for the Year Ended 31 August 2025 (continued)**
## **12 Funds**
|**12 Funds**|||||
|---|---|---|---|---|
|**Unrestricted funds**
**_General_**
General
**Restricted funds**
I-Venture
Fusion Learning
Future Focus
Connected Futures
IET
MSD
Work in Sight
**Total restricted funds**
**Total funds**
**Unrestricted funds**
**_General_**
General
**Restricted**
I-Venture
Fusion Learning
Future Focus
Connected Futures
IET
MSD
**Total restricted funds**
**Total funds**|**Balance at 1**
**September**
**2024**
**£**
211,397
1,000
8,075
2,898
39,566
38,340
-
-
89,879
301,276
**Balance at 1**
**September**
**2023**
**£**
148,712
-
-
-
-
-
-
-
148,712|**Incoming**
**resources**
**£**
588,496
-
64,200
35,000
149,237
-
47,250
19,620
315,307
903,803
**Incoming**
**resources**
**£**
583,372
1,000
12,500
28,500
217,681
67,240
37,500
364,421
947,793|**Resources**
**expended**
**£**
(528,030)
-
(85,386)
(37,898)
(180,973)
(38,340)
(47,250)
(19,620)
(409,467)
(937,497)
**Resources**
**expended**
**£**
(520,687)
-
(4,425)
(25,602)
(178,115)
(28,900)
(37,500)
(274,542)
(795,229)|**Balance at 31**
**August 2025**
**£**
271,863
1,000
(13,111)
-
7,830
-
-
-|
|||||(4,281)|
|||||267,582|
|||||**Balance at 31**
**August 2024**
**£**
211,397
1,000
8,075
2,898
39,566
38,340
-|
|||||89,879|
|||||301,276|
Page 21
## **DEBP CIO**
## **Notes to the Financial Statements for the Year Ended 31 August 2025 (continued)**
The specific purposes for which the funds are to be applied are as follows:
I-Venture - fundraising for an international citizenship programme involving a students expedition to South Africa.
Fusion Learning - Commissioned by Bolsover Partnership, Fusion Learning is a partnership project with Bolsover District Council, Engineered Learning, East Midlands Railway, Community Rail Network, Cross Country Trains Ltd and the Robin Hood Line, to provide 12 students aged 14-16 from the Bolsover District with a unique opportunity to develop their employability skills, to support their progression into employment. Future Focus - Commissioned by Bolsover Partnership and Bolsover District Council, with funding from the UK Shared Prosperity Fund, Future Focus supports the co-production of a 'creative hub' within the District, working with the District's 6 secondary schools.
Connected Futures - Partnership project with the D2N2 Local Enterprise Partnership and Nottinghamshire County Council, awarded by the Connected Futures Fund from the Youth Futures Foundation, seeking to identify the system and issues around employment for young people with Learning Disabilities and/or Autism Spectrum Conditions.
IET - Delivery partner for the IET Faraday® Challenge Days in Derbyshire, Nottinghamshire, and South Yorkshire for the 2023-24 season on behalf of IET Education.
MSD - Commissioned by South Derbyshire District Council, with funding from the UK Shared Prosperity Fund, to work in partnership with the District's secondary schools and post-16 learners to provide bespoke packages of support and opportunities for experiences of work.
Work in Sight - A programme providing tailored, hands on experiences that help young people explore the world of work, build confidence, and connect their skills with meaningful future career opportunities.
The deficit in the Fusion Learning fund is due to the restricted income being paid to the organisation in arrears. The deficit in this case was covered by a payment of £23,522 received on 19/10/2025.
## **13 Analysis of net assets between funds**
|**13 Analysis of net assets between funds**||||
|---|---|---|---|
|Current assets
Current liabilities
Total net assets
Current assets
Current liabilities
Total net assets|**Unrestricted**
**General**
**£**
287,579
(15,716)
271,863
**Unrestricted**
**General**
**£**
215,717
(4,320)
211,397|**Restricted**
**£**
(4,281)
-
(4,281)
**Restricted**
**£**
89,879
-
89,879|**2025**
**Total funds**
**£**
283,298
(15,716)|
||||267,582|
||||**2024**
**Total funds**
**£**
305,596
(4,320)|
||||301,276|
## **14 Related party transactions**
There were no related party transactions in the year.
Page 22
## **DEBP CIO**
## **Notes to the Financial Statements for the Year Ended 31 August 2025 (continued)**
## **15 Trustees remuneration and expenses**
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
Page 23