2024-07-31-accounts - Youth Realities Limited

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Charity Number: 1197209 Company number: 10855551

Youth Realities Limited

Trustees’ report and financial statements For the year ended 31 July 2024

Youth Realities Limited Trustees’ annual report for the year ended 31 July 2024

Reference and administration details

Charity number

1197209

Company number 10855551

Registered office and operational address

Registered office Pulse Community Flat, Flat 15 Osler Court, 9 Charcot Road, London, NW9 5XW

Trustees

Trustees, who are also directors under company law, who served during the year and up to the date of this report were as follows:

Anthony Lewis Chair Roslyn Adonteng Neil Meyrick Treasurer Sara Kirkpatrick Ana Fitzsimons (appointed 30 October 2023) Niki Michael (appointed 30 October 2023) Uma Nayer (appointed 30 October 2023) Nicola Silver (appointed 30 November 2023) Karly Amber (appointed 30 October 2023)

Key management personnel

Talia Kensit CEO

Bankers

HSBC PO Box 27 101-103 Station Road Edgware Middlesex HA8 7JJ

Independent Examiner

Patrick Morrello ACA Third Sector Accountancy Limited Holyoake House Hanover Street Manchester M60 0AS

Youth Realities Limited

Trustees’ annual report for the year ended 31 July 2024

The trustees present their report and the unaudited financial statements for the year ended 31 July 2024. Included within the trustees’ report is the directors’ report as required by company law.

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.

Statement of Chair:

At Youth Realities our vision is a world where young people live free from relationship abuse and violence. Our mission is to end relationship abuse and violence by working with young people to provide specialist spaces for prevention, intervention and healing.

Everything we do is ‘youth-led’ and ‘survivor-centred’ which means we centre the needs and experiences of young people and survivors, providing regular opportunities for them to feedback, co-produce and lead on the delivery, design and development of the charity.

Our values, embedded in the heart of our work are: youth-led, survivor-centred, safe, equitable and audacious.

Over the past year we have continued to deliver a broad range of programmes including: 1:1 workshops & support, dance workshops, wellbeing programmes and other bespoke workshops all which focus upon the empowerment and development of those affected by teenage relationship abuse and violence. Teenage relationship abuse and violence has significant negative outcomes for those who are affected by it, and for those who perpetrate it. There are no easy solutions, but at Youth Realities we work closely with our statutory, education and voluntary sector partners to challenge these behaviours and to support all young people.

At the time of writing we are overseeing a change of leadership at the organisation in order for us to fulfil all of the above, and more, all for the benefit of children and young people. I am hugely grateful for those that lead Youth Realities with tenacity and dedication.

As Chair I remain grateful to our team of dedicated professionals who consistently go ‘over and above’ for our beneficiaries. I am continually thankful too for our funders and donors who support our efforts and without then we could not do our work. Our financial health is good, but like all charities across London we compete for a shrinking pot of money in a charitable landscape which is as demand heavy as ever before. This will continue to be a theme over the next reporting period and I and fellow Trustees will be alive to these challenges more than ever.

Chair, Youth Realities, 20.05.25

Youth Realities Limited

Trustees’ annual report for the year ended 31 July 2024

Objectives and activities

The charity’s objects (‘objects’) are exclusively charitable and specifically restricted to the following public benefits:

The advancement of education, the protection and preservation of health of young people aged between 1125 living or studying in the London Borough of Barnet in particular but not exclusively by the provision of educational and creative workshops to help young people better understand teenage relationship abuse and wider social issues.
To preserve and protect the good health of young people aged 11-25 living or studying in the London Borough of Barnet who have experience of relationship abuse or other forms of abuse by the provision of support and advocacy by trained professionals.
To act as a resource for young people aged between 11-25 living or studying in the London Borough of Barnet by providing advice and assistance and organising programmes of physical, educational and other activities 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;
c. relieving unemployment;
d. providing recreational and leisure time activity in the interests of social welfare for people living in the area of benefit who have need by reason of their youth, age, infirmity or disability, poverty, social and economic circumstances and experiences of relationship violence and abuse with a view to improving the conditions of life of such persons.

In order to achieve the above objectives, Youth Realities provides the following activities:

Specialist one-to-one and group support for survivors of abuse and violence, inclusive of advocacy, emotional and practical development support;
Educational activities and workshops within schools and communities;
Creative group activities that aid wellbeing enhancement, such as fitness and arts;
Other bespoke and necessary activities required in order to achieve the objectives of the charity.

The trustees review the aims, objectives and activities of the charity each year. This report looks at what the charity has achieved and the outcomes of its work in the reporting period. The trustees report the success of each key activity and the benefits the charity has brought to those groups of people that it is set up to help. The review also helps the trustees ensure the charity's aims, objectives and activities remained focused on its stated purposes.

The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning its future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives that have been set.

Achievements and performance

The charity's main activities and who it tries to help are described above.

Since establishment in 2017, the charity has:

Supported over 200 young people to exit abusive environments through specialist one-to-one support;

Youth Realities Limited

Trustees’ annual report for the year ended 31 July 2024

Engaged over 2000 young people in healthy relationships education, and of 900 who engaged in feedback, 97% would recommend the learning and 90% learnt more about domestic abuse;
Worked with multiple partner organisations, including local authorities, schools and VCS organisations to run creative bespoke programmes to enhance the wellbeing and safety of young people, such as two youth-led films, a music video, a podcast and research projects to better local understanding of teenage relationship abuse and violence;
Won two awards;
Applied for multiple funding opportunities to ensure the sustainability of the organisation, exploring joint bid and further partnership work
In the last year we have created and recruited into the Head of Programmes role which brings further capacity for organisational development and growth
In the last year the leadership has changed within the charity. The founder Talia Kensit left and in place now is Eleanor Mitchell as Interim CEO

Beneficiaries of our services

The key beneficiaries of our service are young women and girls aged 11-25, making up 90% of beneficiaries engaged in 2024;
Our beneficiaries, especially those engaged in the one-to-one programme, have a range of complex and adverse experiences of harm, including:
intimate partner, extra-familial and intra-familial violence and abuse
social and academic exclusion, including engagement in crime
care experienced
poverty experienced
substance misuse or dependency
experiences of social and structural oppression, including racism, misogyny and ableism resulting in personal and systemic harm, e.g lack of access to support, homelessness, imprisonment and more.
We deliver workshops in schools to young males as part of our aim to promote healthy relationships and a better understanding of abuse to reduce unhealthy behaviours from a young age.

Financial review

For financial year 2023 - 2024, the charity has a confirmed income of £356,755 of which £272,005 derives from a number of approved multi-year grants that spanned the years 2022-2025. As we approach the end of this period we are actively working with both existing and new funding partners to ensure the financial stability of the charity continues into the future.

Reserves policy

It is the policy of Youth Realities to operate a 3 month operating costs reserves, for the financial year ending July

Youth Realities Limited

Trustees’ annual report for the year ended 31 July 2024

2024, this was £64,669. The charity held £39,724 in unrestricted free reserves at the end of the financial year, which is below the stated policy amount. The charity is working actively seeking unrestricted funding in order to build up the level of free reserves so as to ensure its financial stability.

Plans for the future

The charity will continue to deliver its life saving services for young people in and around the London Borough of Barnet, whilst continuing to grow and expand work to reach more young people in need. This will include structural development internally, and the diversification of income streams for increased sustainability.

Structure, governance and management

As outlined in the governing document of the charity:

To be considered for appointment as a Trustee, a person must:

1) be a natural person aged 16 years or older
2) Not be disqualified from acting under the provisions of article 22
3) The minimum number of directors shall be 3 (unless otherwise determined by ordinary resolution) but shall not be subject to any maximum
4) The first directors shall be those persons notified to Companies House as the first directors of the charity.
5) A director may not appoint an alternate director or anyone to act on their behalf at meetings of the directors.

Appointment of directors

1) The charity may appoint a person who is willing to act to be a director; and
2) Determine the rotation in which any additional directors are to retire

Directors are appointed through a fair and thorough process, which is inclusive of:

a) A multi-stage interview process with the Chief Executive of the charity, the chair of directors and where relevant, beneficiaries of the charity
b) In the case the role for chair of directors is being appointed, the vice-chair or interim-chair of directors will conduct the interview, alongside the Chief Executive or relevant representative.

No person other than a director retiring by rotation may be appointed a director at any general meeting unless:

a) They are recommended for re-election by the directors; or
b) Not less than fourteen nor more than thirty-five clear days before the date of the meeting, the charity is given a notice that:
i) Is signed by a member entitled to vote at the meeting;
ii) States the members intention to propose the appointment of a person as a director;
iii) Contains the details that, if the person were to be appointed, the charity would have to file at Companies House; and
iv) is signed by the person who is to be proposed to show their willingness to be appointed.

Youth Realities Limited

Trustees’ annual report for the year ended 31 July 2024

Retirement of directors

1) The directors are to retire in rotation based on those who have been longest in office since their last appointment
a) directors serve terms of up to ten years;
b) directors serve a six month probationary period upon appointment;
c) directors serve a term of two years before re-election.

The organisation is a charitable company and registered as a charity on 20 December 2021.

The charity was established under a constitution which established the objects and powers of the charity and is governed by its rules.

Members of the charity have no liability to contribute to the assets of the charity and no personal liability for settling its debts and liabilities in the event of winding up. The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

All trustees give their time voluntarily and receive no benefits from the charity. Any expenses reclaimed from the charity are set out in note 9 to the accounts.

Related parties and relationships with other organisations

For the financial year ending July 2023, the charity was not operating within any formal partnerships or consortiums.

Remuneration policy for key management personnel

Remuneration for management is agreed by trustees, the charity does not operate within the boundaries of any specific payment policies.

Risk management

The trustees work closely with the CEO to identify, monitor and mitigate all risks to the charity, through robust risk register and assessment frameworks that are updated quarterly and as when required.

Statement of responsibilities of the trustees

The trustees (who are also directors of the charity for the purposes of company law) are responsible for preparing the trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law 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 charitable group and of the incoming resources and application of resources, including the income and expenditure, of the charitable group 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

Youth Realities Limited

Trustees’ annual report for the year ended 31 July 2024

State whether applicable UK Accounting Standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable group and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company 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 in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

The trustees’ annual report has been approved by the trustees on 20.05.25 and signed on their behalf by

Tony Lewis

Chair, Youth Realities

Independent examiner’s report to the trustees of Youth Realities Limited

I report on the accounts of the charity for the year ended 31 July 2024 set out on pages 9 to 21.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed. The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the ICAEW.

It is my responsibility to:
examine the accounts under section 145 of the Charities Act,
to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
to state whether particular matters have come to my attention.

Basis of independent examiner’s statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

which gives me reasonable cause to believe that in, any material respect, the requirements:
to keep accounting records in accordance with section 130 of the Charities Act; and
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act

have not been met; or

to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Patrick Morrello ACA Third Sector Accountancy Limited Holyoake House Hanover Street Manchester M60 0AS

Date:

Youth Realities Limited

Statement of Financial Activities

(including Income and Expenditure account) for the year ended 31 July 2024

Unrestricted funds Note £ Income from: Donations and legacies 3 33,683 Charitable activities 4 142 Investments 5 123 Total income 33,948 Expenditure on: Raising funds 5 9,240 Charitable activities 6 15,486 Total expenditure 24,726 7 9,222 Transfer between funds (310) Net movement in funds for the year 8,912 Reconciliation of funds Total funds brought forward 30,812 Total funds carried forward 39,724 Net income/(expenditure) for the year	Restricted funds £ 322,807 - - 322,807 - 243,189 243,189 79,618 310 79,928 113,895 193,823	Total funds 2024 £ 356,490 142 123 356,755 9,240 258,675 267,915 88,840 - 88,840 144,707 233,547	Unrestricted funds £ 11,206 5,529 22 16,757 8,750 12,961 21,711 (4,954) (1,769) (6,723) 37,535 30,812	Restricted funds £ 240,905 - - 240,905 - 172,419 172,419 68,486 1,769 70,255 43,640 113,895	Total funds 2023 £ 252,111 5,529 22 257,662 8,750 185,380 194,130 63,532 - 63,532 81,175 144,707

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

Youth Realities Limited Company number 10855551

Balance sheet as at 31 July 2024

Note
£
£
Fixed assets
Tangible assets
12
-
Current assets
Debtors
13
1,888
Cash at bank and in hand
260,101
Total current assets
261,989
Liabilities
Creditors: amounts falling
due in less than one year
14
(28,442)
Net current assets
233,547
Total assets less current liabilities
233,547
Net assets
233,547
The funds of the charity:
Restricted income funds
15
193,823
Unrestricted income funds
17
39,724
Total charity funds
233,547
2024

£
£
-
2,763
165,377
168,140
(23,433)
144,707
144,707
144,707
113,895
30,812
144,707
2023

For the year in question, the company was entitled to exemption from an audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006,
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts are prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small companies and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company.

The notes on pages 11 to 21 form part of these accounts.

Approved by the trustees on and signed on their behalf by:

Neil Meyrick, Treasurer

Youth Realities Limited

Notes to the accounts for the year ended 31 July 2024

1 Accounting policies

The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

a Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019 - (Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Youth Realities Limited meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £ sterling.

b Preparation of the accounts on a going concern basis

The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern.

c Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income received in advance of a provision of a specified service is deferred until the criteria for income recognition are met.

Youth Realities Limited

Notes to the accounts for the year ended 31 July 2024 (continued)

d Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of charity.

Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.

Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work or for specific projects being undertaken by the charity.

e Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Costs of raising funds comprise the costs of applying for grants and requesting donations.
Expenditure on charitable activities includes the costs of youth activities undertaken to further the purposes of the charity.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

f Operating leases

Operating leases are leases in which the title to the assets, and the risks and rewards of ownership, remain with the lessor. Rental charges are charged on a straight line basis over the term of the lease.

g Tangible fixed assets

Individual fixed assets costing £500 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows:

Office equipment 25%

h Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

i Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Youth Realities Limited

Notes to the accounts for the year ended 31 July 2024 (continued)

j Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

k Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

l Pensions

Employees of the charity are entitled to join a defined contribution scheme. The charity’s contribution is restricted to the contributions disclosed in note 8. There were no outstanding contributions at the year end.

2 Legal status of the charity

The charity is a company limited by guarantee registered in England and Wales and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The registered office address is disclosed on page 1.

Youth Realities Limited

Notes to the accounts for the year ended 31 July 2024 (continued)

3 Income from donations and legacies Donations Grants Total 4 Income from charitable activities Workshops and training income 5 Investment income Interest on bank deposits	Unrestricted £ 2,983 30,700 33,683 Unrestricted £ 142 Unrestricted £ 123	Restricted £ - 322,807 322,807 Restricted £ - Restricted £ -	Total 2024 £ 2,983 353,507 356,490 Total 2024 £ 142 Total 2024 £ 123	Unrestricted £ 3,906 7,300 11,206 Unrestricted £ 5,529 Unrestricted £ 22	Restricted £ - 240,905 240,905 Restricted £ - Restricted £ -	Total 2023 £ 3,906 248,205 252,111 Total 2023 £ 5,529 Total 2023 £ 22

Youth Realities Limited

Notes to the accounts for the year ended 31 July 2024 (continued)

5 Cost of raising funds Staff costs 6 Analysis of expenditure on charitable activities Staff costs, sessional and expenses Project costs Office costs Professional and consulting Other costs Unrestricted expenditure Restricted expenditure 7 Net income/(expenditure) for the year This is stated after charging/(crediting): Operating lease rentals: Property Independent examiner's fee - other services 8 Staff costs Staff costs during the year were as follows: Wages and salaries Social security costs Pension costs Independent examiner's fee	2024 £ 9,240 2024 £ 206,487 23,091 12,223 10,027 6,847 258,675 15,486 243,189 258,675 2024 £ 9,600 415 1,665 2024 £ 187,851 17,383 3,082 208,316	2023 £ 8,750 2023 £ 138,530 15,819 11,822 13,053 6,156 185,380 12,961 172,419 185,380 2023 £ 9,750 250 1,300 2023 £ 129,418 8,775 1,938 140,131

Youth Realities Limited

Notes to the accounts for the year ended 31 July 2024 (continued)

No employees has employee benefits in excess of £60,000 (2023: Nil).

The average number of staff employed during the period was 7 (2023: 4).

The key management personnel of the charity comprise the trustees and the Chief Executive Officer. The total employee benefits of the key management personnel of the charity were £51,319.

9 Trustee remuneration and expenses, and related party transactions

Neither the management committee nor any persons connected with them received any remuneration or reimbursed expenses during the year (2023: Nil).

None of the trustees received any expenses during the year.

Aggregate donations from related parties were £Nil.

There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity, including guarantees, during the year (2023: nil).

10 Government grants

The government grants recognised in the accounts were as follows:

The National Lottery	2024 £ 79,053 79,053	2023 £ 65,260 65,260

11 Corporation tax

The charity is exempt from tax on income and gains falling within Chapter 3 of Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity.

Youth Realities Limited

Notes to the accounts for the year ended 31 July 2024 (continued)

12 Fixed assets: tangible assets

Cost Depreciation Net book value 13 Debtors Trade debtors Prepayments 14 Creditors: amounts falling due within one year Trade creditors Accruals Net pay owed to staff Taxation and social security costs At 31 July 2024 At 1 August 2023 At 31 July 2024 At 31 July 2024 At 31 July 2023 At 1 August 2023	Office equipment £ 998 998 998 998 - - 2024 £ - 1,888 1,888 2024 £ 5,228 2,496 13,599 7,119 28,442	2023 £ 739 2,024 2,763 2023 £ 5,388 1,860 10,401 5,784 23,433

Youth Realities Limited

Notes to the accounts for the year ended 31 July 2024 (continued)

15 Analysis of movements in restricted funds

Balance at 1 August 2023 £ 1,501 - 27,456 Badur Foundation 7,271 Children in Need - Active Londoners 7,449 Berkeley Foundation 12,698 City Bridge Trust 11,552 Henry Smith Charity 4,172 John Lyon Charity 3,208 Peabody Fund 3,314 Propel Fund 35,274 - - Total 113,895 Evening Standard Fund Youth Futures Awards4All The National Lottery- Reaching Communities National Lottery Reaching Communities - Art Against Knives	Income £ 9,070 17,039 52,944 3,000 30,905 - 15,086 40,560 47,800 - - 67,671 18,732 20,000 322,807	Expenditure £ (7,599) - (58,456) (10,581) (18,922) (7,449) (4,200) (21,116) (42,479) (1,634) (1,622) (69,131) - - (243,189)	Transfers £ - - - 310 - - - - - - - - - - 310	Balance at 31 July 2024 £ 2,972 17,039 21,944 - 11,983 - 23,584 30,996 9,493 1,574 1,692 33,814 18,732 20,000 193,823

Youth Realities Limited

Notes to the accounts for the year ended 31 July 2024 (continued)

16 Analysis of movements in restricted funds (continued)

Comparative period Children in Need Badur Foundation Active Londoners Berkeley Foundation City Bridge Trust Henry Smith Charity John Lyon Charity Peabody Fund Propel Fund Total Deepin Dance - Young Barnet Foundation National Lottery Reaching Communities - Art Against Knives Awards4All The National Lottery- Reaching Communities Paul Hamlyn	Balance at 1 August 2022 as restated £ 7,266 3,704 6,113 7,387 7,122 - 3,537 8,511 - - - - - - 43,640	Income £ - 245 14,889 29,740 56,484 10,200 125 14,698 39,780 22,450 5,000 5,000 42,294 240,905	Expenditure £ (7,482) (5,502) (21,002) (37,127) (5,621) (29,028) (6,466) (1,187) (2,000) (28,228) (18,279) (1,792) (1,686) (7,019) (172,419)	Transfers £ 216 1,553 - - - - - - - - - - - - 1,769	Balance at 31 July 2023 £ - - - - 1,501 27,456 7,271 7,449 12,698 11,552 4,171 3,208 3,314 35,275 113,895

Youth Realities Limited

Notes to the accounts for the year ended 31 July 2024 (continued)

Name of

restricted fund Description, nature and purposes of the fund The National Lottery: Year one of three year partnership to deliver specialist, creative support to Reaching Communities young women - Art Against Knives

Children in Need Funds towards salary costs for a specialist young person's domestic abuse worker Awards4All A years funding towards Clinical Supervision Supervision The National LotteryFunds to grow the YPVA team and develop longer term relationships with Reaching Communities sponsers Badur Foundation Funds towards salary costs for a Creative Support Worker and office supplies Active Londoners Funds to run young women's dance programme Berkeley Foundation Funds towards recruitment of a fundraising consultant City Bridge Trust Funds for a full time supprt worker, activities for service users and overheads Henry Smith Charity Funds for a project supporting up to 60 women who have experienced abuse John Lyons Charity Contribution towards the 1:1 Abuse and Violence Support Program Peabody Fund Contribution towards an upgrade of the website and relationship abuse guide Propel Fund Providing quality mentoring for disadvantaged young Londoners

17 Analysis of movement in unrestricted funds

Comparative period General fund Name of unrestricted fund General fund General fund	Balance at 1 August 2023 Income Expenditure Transfers £ £ £ £ 30,812 33,948 (24,726) (310) Balance at 1 August 2022 Income Expenditure Transfers £ £ £ £ 37,535 16,757 (21,711) (1,769) Description, nature and purposes of the fund The free reserves after allowing for all designated funds	As at 31 July 2024 £ 39,724 As at 31 July 2023 £ 30,812

Youth Realities Limited

Notes to the accounts for the year ended 31 July 2024 (continued)

18 Analysis of net assets between funds

Net current assets/(liabilities) Total Comparative period Net current assets/(liabilities) Total	General fund £ 39,724 39,724 General fund £ 30,812 30,812	Designated funds £ - - Designated funds £ - -	Restricted funds £ 193,823 193,823 Restricted funds £ 113,895 113,895	Total 2024 £ 233,547 233,547 Total 2023 £ 144,707 144,707

19 Operating lease commitments

The charity's total future minimum lease payments under non-cancellable operating leases is as follows for each of the following periods:

Less than one year	2024 2023 £ £ 2,400 2,400 2,400 2,400 Property