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2024-04-01-accounts

Charity Trustee Report 2024

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SYUK Report 2024 V1 AC Charity No 1196028

SYUK Report 2024VI AC Charity No 1196028

Produced By: Angela Caroo

Report Date: 31/12/2024

MONTHLY REPORT INDEX

SECTION 1

1. EXECUTIVE SUMMARY

SECTION 2

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SYUK Report 2024 V1 AC Charity No 1196028

SECTION 1

1. EXECUTIVE SUMMARY

2024 has been a transformative year for Start Young UK, marked by growth, impact and resilience. We welcomed new leadership, expanded our programmes and built meaningful partnerships that have strengthened our ability to empower young people. With the support of our donors, sponsors and dedicated team, we have made significant strides in fulfilling our mission.

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SYUK Report 2024 V1 AC Charity No 1196028

SECTION 2

Item Description
A Overview of the charity aims and objectives
B Synopsis of programmes run via the charity
C Events held over the last 12 months for young people on our programmes
D Overview of our Christmas Gifting Programme
E Update on staffing and new hires
F Overview of all donations, grants and spends
G Our collaborations & partnerships
H Potential risks & proposed mitigations
I Our plans for 2025

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SYUK Report 2024 V1 AC Charity No 1196028

A: ABOUT US

Start Young UK is a registered charity and, as such, our promise is to act as a resource for young people living in disadvantaged areas from the age of 5 up to the age of 18. With a strong ethos of hard work and support we are engaging with schools and families to ensure we are providing a range of advice, support and leisure activities for young people.

Vision:

To be the leading charity in empowering young people from socio-economically disadvantaged backgrounds to achieve their full potential and thrive in a supportive community.

Mission:

To provide comprehensive support to socio-economically disadvantaged young people by ensuring access to essential resources, education, career development, and personal growth opportunities, empowering them to overcome barriers and succeed in their futures.

Core Values:

Strategy:

Our strategy is built on five pillars:

  1. Youth Empowerment and Programme Excellence

  2. Partnerships and Collaborative Impact

  3. Scalable Operations and Innovation

  4. Financial Sustainability and Growth

  5. Governance, Compliance, and Organisational Excellence

This plan provides a comprehensive roadmap for SYUK's growth and impact, ensuring we remain adaptable to the evolving needs of the young people we serve while driving meaningful change in their

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SYUK Report 2024 V1 AC Charity No 1196028

lives and communities. Through our scalable model, we aim to break the cycle of socio-economic disadvantage and create a more equitable future for youth across the UK.

B: OUR PROGRAMMES

The charity currently runs two programmes: ‘Elevate’ and ‘Thrive SYUK.

Elevate

In partnership with Barclays, the Elevate Programme supports and inspires young people from socioeconomically deprived background to grow their experience and qualifications, setting them up for success their future careers.

The 6-month programme supports young people aged 16-18, equipping them with a comprehensive set of personal and professional skills while providing a platform for our partner organisations to showcase who they are, what they do and what they offer in terms of early career opportunities.

This year, we have enrolled a total of 58 students. 37 in London and 21 from Manchester, with 85% BAME representation in the programme (based upon 34 student responses).

Thrive

The Thrive Programme provides holistic support to underprivileged children in their educational journey from ages 5-18. The programme seeks to break down barriers to education, empowering children to learn essential life skills and fostering an environment that cultivates personal and academic growth.

Thrive encompasses mentorship initiatives, connecting students with experienced individuals from a range of backgrounds; skill-building workshops, broadening their skill set to open future opportunities; and practical support, such as supplying school uniforms and establishing school clubs to promote extracurricular activities.

This year, we have supported over 20 children on the programme.

Case Study: Student A – A Journey of Transformation Through the Elevate Programme

Student A joined the Elevate Programme’s first pilot cohort with aspirations of studying musical theatre. Coming from a background where no one in her family had worked in the corporate sector, she lacked exposure to opportunities outside her interests and had never applied for a job or a post-16 apprenticeship.

The

Elevate

Experience

Through her participation in the Elevate Programme, Student A embraced a growth mindset. She actively listened, learned and developed essential skill sets that broadened her perspective. With guidance from programme mentors and the support of her peers, she decided to pursue an apprenticeship with one of our partner organisations.

The Apprenticeship Journey The application process was rigorous, but with the Elevate Programme’s training and encouragement,

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SYUK Report 2024 V1 AC Charity No 1196028

Student A gained the confidence to navigate it successfully. She was offered the apprenticeship and started her role in September, becoming the first in her family to enter the corporate sector.

Impact

on the

Family

Student A’s achievement had a profound impact on her family. Her parents expressed heartfelt gratitude for the transformative changes this opportunity would bring, from improving financial stability to breaking generational boundaries. Inspired by her success, Student A's sibling, who was uncertain about their own future, began exploring opportunities. After a conversation with one of Student A’s colleagues, the sibling decided to join the army, pursuing a path of personal growth and purpose.

This case study highlights the far-reaching impact of the Elevate Programme. By trusting the process and embracing new opportunities, Student A not only changed her own life but also transformed her family’s trajectory. The support and guidance she received have kept both young people off the streets and on pathways to meaningful careers.

Student A’s story is a powerful example of what is possible with an open mindset and the right support. The Elevate Programme proved to be a catalyst for change, unlocking potential and creating lasting positive effects on her family and community.

C: EVENTS

Over the past 18 months, Start Young UK has organised a series of impactful events, each contributing to the charity's mission. These events have served as vibrant platforms for community engagement, creating a positive and inclusive community atmosphere.

Highlights include:

Beauty & The Beast

We took 30 children and their families to see Beauty and the Beast, offering an unforgettable experience that inspired creativity and built confidence.

We took 20 children and parents to Discover Children's Story Centre, sparking their imaginations and fostering a love for storytelling in an interactive and engaging environment.

We took 20 children and parents to London Zoo, providing an inspiring day out that encouraged curiosity and learning about wildlife and conservation.

• Potted Panto

We took 15 children and parents to see Potted Panto at Wilton’s Music Hall, treating them to a lively and entertaining performance that brought classic pantomime tales to life.

• Christmas Fun Run

Our Christmas Gifting Programme saw 25 volunteers come together to wrap over 700 gifts for more than 120 families including 30 individuals in the homeless unit.

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SYUK Report 2024 V1 AC Charity No 1196028

D: CHRISTMAS GIFTING PROGRAMME

Our Christmas Gifting Programme exemplifies our commitment to making a tangible impact to the lives of those we serve. Since the initiative began in October 2021, we have distributed over 9,000 gift parcels to families in need. The funds raised £6,338 have enabled us to provide essential items such as underwear, socks, hats and gloves, along with thoughtfully curated personal hampers for parents and food hampers for entire families, spreading generosity and warmth throughout the festive season.

The Christmas Gifting 2024 initiative was supported by over 25 dedicated volunteers, as well as generous donations from Asda, Poundland, Bloomberg, Barclays, Lloyds, LSEG, Multiverse and an incredible show of support from our wider community. Together, we ensured that the holiday spirit reached those who needed it most.

E: STAFFING

Over the past 12 months, Start Young UK has experienced significant growth, welcoming 6 new Trustees and 2 part-time staff members who bring diverse skills and expertise, enhancing our organisational capacity. We have also onboarded 5 core volunteers to cover specific areas, namely finance, grants and corporate/community events, enabling us to build the foundations for growth.

Our dedicated team of volunteers continues to contribute their time and passion, alongside partner volunteers who support our programmes. Collectively, this has brought our volunteer hours to over 1,500, not to mention the invaluable time donated by our trustees.

This period also saw changes in team composition, including departures and transitions. While we bid farewell to 2 valued members, these changes have opened doors for fresh perspectives, fostering continued growth and innovation.

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SYUK Report 2024 V1 AC Charity No 1196028

F. FINANCE

Start Young UK Charity is pleased to present the financial report for the year ending 1[st] April 2024.

The following report outlines the Charity’s financial performance, sources of income, and the allocation of funds to various programmes.

Income sources

Start Young UK relies on a diversified set of income sources to support its mission. The primary contributors to the charity's revenue are as follows:

1. Donations - Generous contributions from individuals and organisations who share our commitment to the wellbeing of children and families in Newham.

2. Fundraising - Engagement in various fundraising events to gather financial support from the community.

3. Buddy Donations - Ongoing support from dedicated Buddies who contribute their time, effort and resources towards the success of Start Young initiatives.

Allocations of Funds

1. School Uniforms - Start Young UK has provided a full uniform to all children on the scheme, ensuring they have the necessary attire for their education.

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SYUK Report 2024 V1 AC Charity No 1196028

2. Community Club Support - Uniforms for children attending the weekly Community club, including Beavers and Squirrels, have been purchased, fostering a sense of belonging and community engagement. Community Club weekly subscription for all children on the scheme is paid for by the charity.

3. Holiday Activities - Funds have been allocated to organise activities and various days out for families during the holidays, promoting recreational and bonding opportunities.

4. Christmas Gifting Programme - One of the highlights of our efforts is the Christmas Gifting Programme, where in 2024 over 1000 gifts – including personal care packages, toys, vests, undergarments and food hampers – were purchased, wrapped and distributed to low-income families in schools and the broader Newham community.

5. Staff Costs – Staffing expenditure for three part time employees.

Financial Highlights: 2[nd] April 2023 – 1[st] April 2024

Total Income as of 1[st] April 2024: £35,087

Total Spend as of 1[st] April 2024: £13,788

G: COLLABORATIONS AND PARTNERSHIPS

We have partnered and collaborated with the following organisations over the last 12 months:

H: POTENTIAL RISKS & PROPOSED MITIGATIONS

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SYUK Report 2024 V1 AC Charity No 1196028

Risk Management and Safeguarding Compliance

Risk Assessments & Mitigation Measures

I: OUR PLANS FOR 2025

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SYUK Report 2024 V1 AC Charity No 1196028

Charity Name No (if any) Start Young UK 1196028 Receipts and payments accounts CC16a For the period Period start date Period end date To from 02/04/2023 01/04/2024

Section A Receipts and payments Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest £
3,649
389
27,000
1,500
500
2,049
-
-
35,087
-
-
-
35,087
1,457
1,967
1,513
453
7,101
452
158
687
-
-
13,788
-
-
-
13,788
21,298
-
4,869
26,167		 Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Total funds
to the nearest £
3,649
389
-
-
27,000
1,500
500
2,049
-
-
-
35,087
-
-
-
35,087
1,457
1,967
1,513
453
-
7,101
452
158
687
-
-
13,788
-
-
-
13,788
21,298		 Last year
to the nearest £
BuddyDonations 3,649 3,457
Just Giving 389 2,096
European Metals 3,000
Groundworks(Tesco) 1,000
Barclays Aspire Programme 27,000
Family Holiday Association - Trip to
Margate
London Borough of Newham - King's
Coronation Event		 1,500
500
Other 2,049 240
-
- -
- -
Sub total(Gross income for
AR)		 35,087 9,793
A2 Asset and investment sales,
(see table).
-
- -
Sub total - -
Total receipts
A3 Payments
9,793
Christmas Gifting 1,457 3,387
Other Gifting 1,967 759
Margate Trip 1,513
King's Coronation Event 453
Staff Costs 7,101
Volunteer expeneses 452 620
Insurance 158 158
Otther administration expenses 687 -
- -
- -
**Sub total ** 13,788 4,924
A4 Asset and investment
purchases, (see table)
-
-
**Sub total ** - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
4,924
21,298 - - 21,298 4,869
- - - - -
4,869 - - 4,869 -
26,167 - - 26,167 4,869

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CCXX R1 accounts (SS)

13/01/2025

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Doc ID: e66e1e70b8bdb716ee42b6ce4cd3a1c141386bb0

Section B Statement of assets and liabilities at the end of the period

Categories
Signed by one or two trustees on
behalf of all the trustees
B1 Cash funds
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
B3 Investment assets		 Signature
Details
Details
Cash at Bank
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Details		 Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
26,167
-
-
-
-
-
26,167
-
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name
Ricardo Simard
Marilyn Matthews		 Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
Marilyn Matthews 31 / 01 / 2025
Ricardo Simard 31 / 01 / 2025

CCXX R2 accounts (SS)

13/01/2025

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Doc ID: e66e1e70b8bdb716ee42b6ce4cd3a1c141386bb0

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts ••• Section A Independent Examiner's Report Report to the trusteesl members of stsrtYouThJ UK On accounts for the year ended 1 April 2024 Charity no (if any) 1196028 Set out on pages 2to3 I report to the tnjstees on my examinatK)n of the accounts of the above Charity (￿e Trusf} for the year ended 0110412024. Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordan￿ with the requirements of the Charities Act 2011 (Ihe Acr). I rew)rt in respect of my examinats.on of the Trust's accounts c2rried.out under section 145 of the 2011 Ad and in carrying out my examination. I have followed the applicable Directions given by the Charity Commission under sethon 145{5){b) of the Art I have complet&J my examination. I confirm that no material matters have come to my attention in Cc￿nectIon wth the examination which gives me cause to believe that in, any matenal respect.. accountsng records were not kept in a￿Ordan￿ viith section 130 of the Act or the accounts do rK)t accord the a￿Untir￿j records Independent examinerfs statement I have no concems and have come across no olher matters in connection th the examination to which attenthon sh(yJld be drawn in order to enab￿ a proper understanding of the accounts to be react￿1. Signed: 1310112025 Naffle: N M Iltheat Relevant professional qualification{s) or body Irf anyl- Institute of Accountants and Bookkeepers Address: Unit 1, The Oast V¥hetsted Road Tonbridge TN12 6RR