KS NES 11 FUN YOUNG PEOPLE FUN 4 YOUNG PEOPLE (F4YP) LTD ANNUAL REPORT & ACCOUNTS 1ST NOVEMBER 2022- 31ST OCTOBER 2023
CONTENTS
| Page | |
|---|---|
| Strategic Review | 2-22 |
| Trustees Report | 23-27 |
| Independent Examiner’s Report | 28 |
| Statement of Financial Activities | 29 |
| Balance Sheet | 30-31 |
| Notes to the Financial Statements | 32-39 |
| Detailed Statement of Financial Activities | 40-41 |
Fun 4 Young People Annual Report & Accounts FY 01 /11122-31110123 02 STRATEGIC REVIEW After a really tough first year as an independent Charity, i am so pleased with what we have achieved in our second year. We have a fantastic team, provide more services and interact with more young people that we have done before. Our aim is to continue to increase the services we provide to more young people in 2024. James King Chair of Trustees This year from 1 st November 2022, we have seen F4YP go from strength to strength, although not without its challenges. We have had some great successes with multi-year funding, enabling us to focus on other sustainable and community fundraising, however with the cost of living crisis, this has both impacted our service delivery costs, as well as increased the need for our service. You will see from our report the diverse backgrounds and needs of the young people and families we have supported over the past year, and how with their input we have adapted our service to meet these needs. We have expanded our family support, offering group workshops and further wrap around pastoral support by increasing our staff team, as well as having a targeted focus on YP with SEND. l am hugely thankful for our dedicated staff team, volunteers, and Trustees, whose ongoing hard work and support is vital to our work. Their sUPPOrt has ensured our service is young people led, that our holistic approach to supporting the wellbeing of young people and their families is at the forefront of what we do, and delivering a service that promotes our values where young people can grow and thrive. We are truly grateful to those who have supported us this past year and we are very proud of what we have achieved. I hope you enjoy reading about our work, the challenges and successes. Sophie Stock Chief Executive Officer ONE5TY RE5PEC"' FUN DREAM HQTrJE5TY RESPEC" FUN DREAM BI& MUNkSlY Kk5VtLI FUN VKtAM LIIL.
Fun 4 Young Peopl4knriu°al Report & Acc'ourTrts FYQ11ri' -3V1ty23 **', 03 OURJOURNEY . 2005 2005 F4YP was Founded by Ann Hadfield MBE to support Bedfordshire's most vulnerable children. In early 2015. Sophie Stock joined F4YP ,,V helpin us to reach 60+ annua Housin y. Late 2015, F4 loung people Pjoined IMPAKT & Support IH&S (previously YMCA bll, Bedfor5shire) to grow our reach further. 2015 2017 Sarah Collinsjoined F4YP team and helped expand our support programmes.13,4Y, I, Lf! 2017 From 2018-2021 F4YP supported SDO youni people.per year and added our vital t erapeutic supportjust when young people needed it most. 2018 1st November 2021 F4YP celebrated becoming an independent charity. 2021 2023 F4YP continues to rovide wrap around pastoral suppox and activities for c600 vulnerable children and young people across Bedfordshire. 2023 FUN ONE FUN FUN DRE
Fun 4Young People Annual Report & Accounts FY 01111122-31/10123 OUR PRO THIS YEA ECT 04 This financial year 22-23 has been a year of establishment for F4YP. We have celebrated our launch as an independent charity and worked hard to both continue and improve existing services. We started the year by hosting a celebration evening, inviting supporters, funders and other community groups to join us for a FUN-Raiser event at 3 St Peters in Bedford. The evening was a chance to showcase our work within our community. and thank those who had supported us through a challenging but successful first year. Additionally we launched our FUN-Raiser initiative, highlighting different ways our community can support the F4YP projects. Having been awarded a 3 year grant from the National Lottery Reaching Communities fund in mid October 2022, this allowed us to continue our work at the scale we had been previously, as well as giving us some stability to focus on the ever changing needs of our service users. With the cost of living crisis affecting our families, as well as our delivery costs, we were keen to ensure our service was as efficient as it could be. Over the year we have delivered 39 after school courses for multiple age groups, totalling approximately 333 hours of face-to-face delivery. Activitie5 included Multi-Activity, Tumbles, Mus1C. Swimming, Dance, Sport, Canoe and Adventure, and Parkour. We were able to extend our canoe courses to offer an overnight camp to 22 young people. We also offered 30 days of holiday club provision across 7 weeks of the school holidays totalling 195 hours of face-to-face delivery. Whilst after school sessions are subject focused, our holiday clubs are multi-activity. This period included onsite activities such as.. 1.1 reading, dance, drama, music, DT, sport, STEM, cooking, art and water activities. We also went on trips to Silverstone, Box End Aqua Park, Mead Open Farm and Millennium Park Forest Centre. These days included: 3 day course in February Half Term 4 day and 3 day courses in the Easter Holidays 2 weeks of multi-activity at Daubeney Academy and 1 week at Wootton Lower 4 FUN-Raiser Days 1 week of outdoor adventure days Within our holiday club provision this year, 720 hours were spent supporting 1..1 reading, of which 750h is covered by volunteers. These sessions were provided for all young people in school years 1-8 and contributed to our aim of supporting young people who may have fallen behind due to the pandemic, supporting self-belief in literacy, and improving their confidence to encourage better attainment. One of our reading volunteers said of the reading programme: "Every child was focused on and was made to feel like they were a priority. Volunteering with F4YP gave me a better understanding of the situations people of Bedfordshire come from and I now feel more open minded towards my community and want to make allowances to provide for those needs. l am hoping to go on to work with children, 50 this was an invaluable experience for me." !ONEsfi RESPEC'f FUN DREAM BIG HONEsfi RESPECT FUN DREAM BIG HONESTY RESPECI FUN DREAM BI(
Fun 4Young People Annual Report & Accounts FY 01111122-31110123 05 In this period, we provided 5296 hours of pastoral support, 119 hours of 1-2-1 therapeutic support for service users struggling with their mental health was provided to 16 young people and 3 parentslcarers of young people with SEND. We continue to attend professionals, meetings for relevant young people, offering support to families and schools where appropriate. We have seen an increase in referrals to Integrated Front Door this year with many young people facing difficulties and challenges that require escalation to children's services. As part of this we have offered 1.1 visits at schools and have been in contact with schools to ensure support is consistent across environments. This has been particularly key for the young people who attend with SEND. As a service we have found an increased demand for a family approach to support recognising both young people and parentlcarer benefit with joined-up support. We have therefore run a coffee morning throughout this year, this is an ongoing project which we hope to develop, providing a drop in space for our parentslcarers to visit without their young people present, and have a relaxed conversation with our professional team. In March 2023 we held our first parentlcarer forum alongside our afterschool provision to enable parentslcarers to attend. The parentslcarers filled in our standardised survey as well as discussing what they find helpful from F4YP and what we could do in the future. A key part of their feedback was for parent mental health first aid and how to support their young people with their mental health. We have implemented some of this within out new parent/carer workshop and are in the process of creating some workshop videos, led by our therapist, which will be available for all to view online. We also ran a Young Peoples forum at a local café. It was great to gain their feedback on what they thought is going well, what we could improve and what they would like to do in the future. Some of their feedback was to include more locations in the afterschool clubs we offer, which we are in the process of doing as we move into new venues such as Kings Oak and look to move to new parts of Bedford such as the Goldington ward. We have worked alongside many local businesses this year including Marcello's who provided meals as part of the Holiday Activities & Food IHAF) provision, M&DH who kindly lent us a van to help with our holiday club set ups, the Bake Café in Kempston where we host our coffee mornings to name a few. We endeavour to make our charity known to schools and businesses across Bedford including displaying leaflets and inviting them to our fundraising events such as our launch night and our Charity Ball. Many of these businesses have donated raffle prizes to our fundraising events to show their support of the work we do. During this year we have been working with an external evaluation consultant RaQkn2L looking at the impact F4YP has, where vve could improve and strengthen our impact, and mapping our current data collection methods, their validity and any gaps in our data. Rachel has been interviewing our tutors and pastoral team, speaking to young people, parents and carers, and surveying schools and other agencies we work with to assess the impact of our service, and identify if there are any unmet needs. !ONE5TY RE5PECI FUN DREAM BI6 HQNE5TY RE5PECI FUN DREAM Blfj MUThIE51Y Kt5Vtii FUN UKEAM UIC.
Fun 4 Young People Annual Report & Accounts FY 01111122-31110123 06 WE AIM FOR OUR YOUNG PEOPLE TO Experience im roved confidence and emotlonal weKbelng Experlence reduced Isolatlon. learnlng to work better with others and fostering more positive relationships Experience improved engagement with services across the communlty. Includlng F4YP. schools and professlonal agencles ONF.s'ry FUN I',Trk_.: FUN (J MON.-, £TY Our goal is to inspire young people to overcome barriers they may face in their lives by creating trusting, non-judgmental environments that are inclusive. nurturing, and respectful, thus enabling them to reach their potential. OURVALUES RESPECT Be kind. be inclusive. value yourself and others. HONESTY Be fair. act responsibly. trust and be trusted. Make friends. be enthusiastic. support each other (or be supportive). DREAM BIG Believing. per5everin& breaking barriers.
Fun 4Young People Annual Report & Accounts Pl 01111122-31/10123 07 OUR YOUNG PEOPLE Helped 654 unique young people 85% come from families with financlal struggles 45% of our young people have one or more SEND. mental health or neurodlverse diagnosis. or have a sibling, parent or carer with SEND/ MH Client ages across the year Female 51% Female 48% Male 1 % Other More than 10% have a social worker or are under a Child Protectlon Plan (cpp) Male • Our young people are a diverse group united by Adverse Childhood Experiences and a multitude of barriers in their lives. All of our young people will experience one or more of the following challenges: Children in care (LAC) Young Carer- where a parenusibling has a mental health diagnosis or disability On an Early Health Care plan (EHCP) English as their 2nd language (ESOL) Have a parent In prlson A refugee or resettled Have experienced domestic violence In the household 40i'JLSTY FUN M BIG HONESTY RESPECI" FUN DREAM BIG HONESTY I, PECT FUN DREAM BII
Fun 4 Young People Annual Report & Accounts FY 01111122-31110123 08 THE SERVICE WE OFFER THERAPEUTIC SUPPORT SERVICE Available to youn eople who access F4YP and who are identifie y our team as most in need. We rovide transport during the school day and wor with a child psychotherapist whose specialties include trauma, PTSD, anxiety, emotional disturbance, family conflict, and self- esteem. PARTNERSHIP WORKING We work in partnership with other local agencies includin$ 50+ schools, children s services, and specialist organisations, supporti n le amilies to i unmet needs and ensure consistent holistic support. CHILD SUPPORT Our pastoral team is a consistent friendly face, a helping hand, and a trustworthy adult to talk with outside of home and school. We work with children and young peo well le to improve ein raise their self-con Idence, and build resilience by providing wrap- around support helping them access activities to suit their needs. FACE TO FACE DELIVERY We deliver year-round face- to-face sessions {on average 20 hours per week) alongside pastoral and therapy su ort. We provide un educational activities throughout the year. FAMILY SUPPORT Our pastoral team works with our families to provide a vital support network for them, bridging the gap to their wider communit This includes signposting for parentslcarerslsi ings, attending multi-agenc meetings, parentlcarer worksho with our child psychotherapist and weekly co mornings. ee SEND SUPPORT 4586 of our young people have one or more SEND. mental health or neurodlverse dlagnosls. or have a slblln& parent or carer wlth SENDI MH Whilst we do not offer 1..1 5upeNision, many young people who have 1..1 at school for academic support are able to access our sepJice in small grou p settings. We will carry out assessments with school to see if our setting is the right fit for your young person. Our Pastoral support team develop individual support plans for our young people, liaising with schools and families, attending professionals meetings where appropriate, signposting and identifying young people who would benefit from therapeutic intervention, as well as continuing to provide wrap around support to young people and their families. !UNkSlY KE5VtI': FUN UKEAM MUNE51Y KE5VtL. FUN VKtAM Lllll PlUNtS1 Y KtJYtLI FUN UKtAM ISII.
Fun 4 Young People Annual Report & Accounts Pl 01111122-31110123 09 FACE TO FACE DELIVERY F4YP currently operates its face-to-face provision across 7 Bedfordshire venues throughout the year Ihaving originated in Kempstonl. Due to need and demand and after some changes in venue availability, we spent some time researching and planning how to expand our delivery reach to best support our service user needs. Delivery sites are chosen based on location regarding where our referral schools/agency and young people live, as well as appropriate usage for activity. Not wanting transport and access to be a barrier to those attending, F4YP offers transport to some locations that are not within reasonable walking distance and where a parent/carer is unable to provide transport- e.g., pick up from a Kempston school site to Trinity Arts & Leisure for Multi-sport using our dedicated minibus. After school clubs are run for up to 30 weeks of an academic year during term time. Each term, these are open to a new cohort of young people to sign up to however we have many who will continue with their chosen acLivity throughout the year. Approximately 70% ofyoung people will access throughout the whole year, with 30% accessing one term only. After school activities have a main focus e.g., multl-sports, in which a variety of team sports and games will be on offer each week. These are led by our sessional tutors, who plan sessions to both support our outcomes as well as support age-appropriate development and skills in line with the national curriculum. Holiday clubs offer a variety of activities. Young people rotate through timetables of activitie5, With some sessions being chosen by them. Activities such as cooking, design & technology, art, and music give the opportunity to develop their creativity, confidence and practical skills. Up to 150 young people can be on site during holiday clubs, and up 10 3 ti metables can be ru n alongside each other to cater for different ages. During holiday clubs, we can incorporate activity that su pports the development of literacy and numeracy. Offering daily 1-1 reading sessions {programme developed by English teacher Jill Creighton), gives young people up to 2.5 hours of 1-1 support per week. This time also gives young people 1..1 time with an adult developing positive relationships. Young people participating in performing arts subjects- drama, dance and music, are encouraged to participate in an end of week performance to their peers. We encourage them all to be involved where possible, with some that don t like performing taking part in setl prop creation, or supporting staging, encouraging, teamwork, self-conf1dence, and peer relationships. Timetables can be flexible, we often incorporate time into them, so that our young people have the opportunity to run their own session during the summer holidays. In the past our young people have chosen to put on their own disco, including fancy dress, karaoke and 'just dance,. We use summer holiday clubs to develop our young people into mentoring. Those in year 9+ are given the opportunity to volunteer for a week with the younger age group, as group leaders, both supporting tutor sessions and being able to run elements of sessions themselves. Many will ask to do this year on year, with some then returning as volunteers and even being offered paid assistant roles within F4YP. ONESTY RESPECT FUN DREAM BIG HONESTY RESPEC.: FUN DREAM BIG HONESTY RESPECT FUN DREAM BIC
Fun 4Young People Annual Report & Accounts FY 01111122-31110123 THERAPEUTIC SUPPORT 10 Back in 2019, we learnt that many of our children and young people were on extensive waitlists for mental health services and several had sought help only to be told they don't meet the required threshold for statutory supporL despite being in desperate need of help. We responded by partnering with a local Child and Young Persons Therapist, Sophie Ibbott and piloting our early intepdention 1-2-1 therapeutic support funded by the local Rotary Club in February 2020. This has continued to be a vital part of our service, the need far support resulting from the pandemic has increased exponentially, with N HS waiting lists being up to 18 months. Whole families, mental health is being affected, and often young people have not had the support to be able to cope with their mental health. With continuation and novated funding from Bedford Rotary Club, we have supported 16 young people this fi nancial year, delivering over 119 hours leach young person receives a minimum of 12 x l-hour sessions). Additionally we have supported 3 parents/carers of young people with SEN D. Dependant on individual need, some young people will need to revisit therapy at different stages throughout their Lime with our service. This is something we are able to do with Sophie without having to put in a new referral each time. CHILD SUPPORT With the increased need this year has brought, we have developed our wrap around support. Our pastoral team create individual sUPPOrt plans for our young people, liaising with families, schools and other agencies supporting the family, to ensure the support we are providing is consistent and to identify any gaps in support. Where appropriate, the team will attend regular professional's meetings for the young person, and in some cases host'Team around the famill meetings. Additionally, our pastoral team provide year-round sUPPOrt to young people and their families lapprox. 20 hours per weekl. This can include.. taking young people to and from 1-1 therapy sessions with our internal therapist, school visits working on individual support plans supporting families with registering, or signposting to other agencies, charities, voluntary groups, .supporting parentslcarers with additional needs IM N, ESOL, Disability) with phone calls, benefits guidance or general support to discuss their famills needs. F4YP has strong relationships with schools, which in turn leads to more referrals for our service. The pastoral team build these relationships by attending school meetings/ parents, evenings/ coffee mornings, with parents, as well as going in to deliver assemblies to the young people about our acLivities. Additionally, schools will send information out via leaflet, parent mail and on social media about our activities, as well as core school staff- family support workers/ safeguarding leads- directly contacting and referring the harder to reach families to the service. • New referrals can include a school visit before attending sessions where an individual Pastoral Support Plan is completed for the young person. Pastoral staff will contact school and other agencies supporting the young person and their family, to gain as much information around them as possible to ensure consistent and appropriate support is in place. IONESTY RESPEC-, FUN DREAM BIG HONESTY RESPEcf FUN DREAM BIG HONESTY RESPECT FUN DREAM BIC. K& NES
Fun 4 Young People Annual Report & Accounts FY 01111122-31110123 11 FAMILY SUPPORT We have seen an increased need in addilional support for the wider family network, whether this is supporting them to grow their communily, signposting to other seNices or through multi-agency meetings. Our pastoral team spend much of their time liaising with parents and carer5, and we have continued to offer our parentlcarer coffee morning drop in session, extending this to weekly during term times. The families we 5UPPOrt come to us for advice on a range of issues and we always do our best to listen and adapt to meet the need5 of their young people. Sophie delivered some 1-1 sessions to parents of young people accessing her support, to help improve their knowledge around best 5UPPOrting their child and giving them valuable skills to support her work with them at home. DLJe to the success of these sessions, and wanting to SUPPOrt more parents and carers we have developed two toolkit programmes for parents/ carers to access. The online self guided 6 week workshop covers common issues raised by young people- e.g. separation anxiety, low self esteem, bullying. They can acces5 this weekly and follow up with pastoral staff on any queries they have. This is open to all of our parents/ carers as well as parents/ carers whose young people may not access F4YP. With the support of Bedford Giving we have developed and delivered a more in depth 10 week small group face to face course, for parents/ carers with young people that have more challenging behavioursl high need. Being able to offer this support to our families means our young people are being supported more with their own needs at home, with hope to improving family harmony and wellbeing. This has been well received and we are continuing this across the next fina ncial year. "My son is absolutely loving it at F4YP. He's done a variety of activities: he's been trying new things and maklng new friends. He's autistic so that affects the social side of things. but he's made friends here and is enjoying being with other children. The interaction has been great for him. He's even told his big brother about the new friend he's made. He is very confident this week- he is coming home really happy and bubbly and relaxed in the evenings. F4YP has been a real success for us because my son is very comfortable here. We have tried clubs elsewhere but didn't even make it through the first day." Parent C ,nNFfTY fiFEPFf Fllhl IlflFAM Rif HnNFfTY IIFRPFf' FiJN nRFAM Rif HnNF£TY kFSPFfi FIIN nRFAM AIC.
Fun 4 Young People Annual Report & Accounts Pf 01111122-31 /10123 12 schools CAMHS Early Help Team Social Workers CDC Foster Carers PARTNERSHIP WORKING With an increase in referrals from both schools and other agencie5, we are expanding our partnership working. We work with many other agencies on multi-agency meetings, and are building Stronger relationships to be able to signpost our young people for additional support as well a5 parents/ carers that may need other sepdice involvement. To strengthen this further we hope to look at developing partnership face to face work with other agencies, delivering workshops to both young people, parentsl carers. We regularly consult with our schools and specialist agency partners across Bedfordshire for feedback and suggestions for our programmes, to be able to acutely address the needs of the children and young people they work with. We listen and respond by adapting our services and implementing new things. For example, we implemented onsite wellbeing rooms with a sen50ry pod and equipment, providing a calm and safe space to be utilised when children and young people need it. Many of our Service users would struggle to attend other activities where this additional support is not available, a5 their actions are often mis-interpreted as bad behaviour rather than looking deeper into what may be causing it. "Fun 4 Young People is an extraordinary organisation that gives disadvantaged children the opportunity to access extra-curricula r activities that ordinarily they would not be able to afford. The staff who run F4YP are relatable, approachable, helpful, friendly and kind. They go above and beyond to help support the children and their families and as a school we are verygrateful to them." Emma Gooch, Family Support Worker and Designated Safeguarding Lead, Great Denham Primary School We work closely with senior officials at Bedford Borough Council including Chris Morris, Chief Officer for Education SEND and Schoo15 Infrastructure and Wendy Beeton-Townshend, Head of Early Help and Intervention. Bedford Borough Council continue to fund us through their HAF programme's and we sit on a number of multi-agency steering groups including the Child Hea1ih and Wellbeing Partnership Group run by Amy White, Senior Officer for Public Health, Children and Young People. This year has also seen the development of Bedford Boroughs family hubs which we work closely alongside. IONESTY RESPEC,, FUN DREAM BIG HONESTY RESPEU FUN DREAM BIG HONESTY RESPECT FUN DREAM BIC.
Fun 4 Young People Annual Report & Accounts FY 01111122-31110123 13 OUR STRATEGIC PRIORITIES The Board wanted to ensure with the successes of our first year. we continued with a strong and achievable strategic direction that focused on the needs of our service users and financial challenges the cost of living crisis created. ACCESS TO AFFORDABLE ACTIVITIES AND FOOD Through our face to face delivery. maintain that 75% of places are accessed by young people meeting our bursary criteria and alleviate barriers created by financial hardship. Increase access to healthy meals and snacks at our face to face provision. YOUNG PEOPLE AND FAMILY Ensure our wrap around support is meeting the needs of our service users. Continue to offer 1-1 Therapy sessions to young people in need who are accessing our service and who would not meet the threshold to access national/ local services. Deliver drop in support sessions and group workshops to parents/carers in need of additional support. EXPAND OUR REACH Ensure that the delivery locations are reflective of where referrals are being received from. where there is most local need. and where we can build strong relationships within the community. FUNDRAISING Continue to develop and maintain a stream of funding sources focusing on retention. acquisition and cultivation of donors. RESPECT r DkEAIA.:1G- oN DREA ST
t & Account5 14 THE DIFFERENCE WE MAKE 98% of young people have shown Improved SELF CONFIDENCE Workin sup to ether with 28+ T SERVICES 61 SCHOOL PARTNERSHIPS 352 hours of face to face dellvery across 39 After School Clubs & 30 days of Holiday Clubs 119 HOURS OF 1.1 THERAPY SESSIONS Reading support increasing the literacy skills and confidence of our oung people: ours of 1-2-1 700 95% improved SOCIAL SKILLS Years is the avera etimea young person GAGES WITH F4YP 5296 HOURS of Pastoral SUPPOrt for children. young people. and their families: 99% would come BACKTO F4YP 94% of booked bursa atten y places 93% made NEW FRIENDS 97% learnt SOMETHING NEW 9796 im roved TEAMKORK SKILLS ECT FUN CT FUN IG HOIY IEST CTFUND
Fun 4 Young People Annual Report & Accounts FY 01111122-31110123 15 OUR TEAM SARAH HEAD OF OPERATIONS SOPHIE STOCK CHIEF EXECUTIVE OFFICER RACHEL ADMIN ASSISTANT DANIELLE PASTORAL SUPPORT ASSISTANT CERISE YOUTH WORKER SOPHIE B PASTORAL SUPPORT ASSISTANT ROBI OUTREACH WORKER WE HAVE WORKED WITH A BANK OF 28 TUTORS. 13 COURSE ASSISTANTS (OF WHOM 6 WERE FORMER YP WHO ATTENDED F4YP CLUBS) 16 ADULTVOLUNTEERS AND 8 YOUNG VOLUNTEERS ONE OF WHOM COMPLETED THEIR YEAR 10 WORK EXPERIENCE WITH F4YP. ONESTY RESPECT FUN DREAM BIG HONESTY RESPEC[ FUN DREAM BIG HONESTY RESPECT FUN DREAM BI(.
Fun 4 Young People Annual Report & Accounts FY 01111122-31110123 Every layer of our organisation from our governance and leadership to our grass-roots delivery, our supporters, many of our funders and of course our service users themselves. are from the local community of Bedfordshire and feel proud to be part of the F4YP community. 16 Our senior management team began theirjourney with F4YP as junior staff members. Through their passion and commitment for our work and their range of skills and experiences working with our young people across many levels of the organisation, we have built on and played to their strengths, along with our local tutors and volunteers to make F4YP what it is today. Adding to this, we strive to invest in our older young people who may have been with us for several years and build on their strengths by providing progression pathways within our organisation. This includes volunteering opportunities, training and professional development leading to paid work with us as Activities Assistants, mirroring the starting points of our senior management team. Our CEO, Sophie Stock, began herjourney with F4YP under the leadership of the Founder Ann Hadfield, initially as a contractor supporting our youth activities. Sophie then supported our merger with IH&S from a data transfer perspective overseeing the digitisation of our monitoring and wider operations. Having progressed through various roles during her time including Activities Coordinator, Pastoral Support Lead and Youth Services Lead, Sophie has a sound grasp of all roles within the organisation. Over the years, Sophie has built solid relationships with staff, supporters, young people and their families, especially those who have had sibling groups come through our programmes. She has supported our young people with family and relationship issues, confidence and wellbeing, and even collegeluniversity applications. Sophie has been the instigator and driver of a number of our initiatives including our sensory room and 1-2-1 early intervention therapeutic support. Sophie consulted with many of our young people personally to co-design our services as we moved forward to independence. Our Head of Operations, Sarah Collins, has been with F4YP since 2015. Sarah has a background in teaching as well as supporting care leavers. Sarah also has a solid understanding of the various roles and responsibilities involved across all our work having progressed from Activities Assistant, Pastoral Support Assistant and Deputy Youth Services Lead. Due to the demand of our service, towards the end of this year we have been able to extend our staff team to now include another part time Pastoral Support Assistants and an Outreach worker, in addition to our CEO, Head of Operations, Youth Worker and Admin Assistant. Our admin assistant has also had an increase in hours to include Family Liaison. Additionally this year has seen an increase number of our young people come back and work for us after leaving school. Cameron, joined the team as a swimming instructor and we have had many other as course assistants both after school and during school holidays. It has been a successful year for volunteering with F4YP, welcoming back long time volunteers after the apprehension following the pandemic as well as beginning the journey with new faces. We have also had some of our young people volunteer as part of their Duke of Edinburgh awards and school work experience. Specifically, over this period: We have benefited from 581.5 HOURS OF VOLUNTEERING the equivalent to 77.5 working days; Volunteers have supported our 1-1 READING PROGRAMME, as well as our face to face delivery and fundraising. We would like to extend huge thanks to all ourvolunteers, their loyalty, ongoing hard work and commitment is invaluable. They make our F4YP community stronger and add to its successes. IONESTY RESPEC'f FUN DREAM BIG HONESTY RESPEC-, FUN DREAM BIG HONESTY RESPECT FUN DREAM BIC.
Fun 4Young People Annual Report & Accounts N 01/11122-31/10123 17 OUR TRUSTEES Our Chair of Trustees,James King is an experienced charity Chair with a background in financial services. James was introduced to F4YP by our founder Ann Hadfield, prior to the merger with IH&S, as he was the family's Financial Advisor. James strongly relates to our children and young people having grown up in a single parent family with low income, and credits his life success to h is relationship with his youth worker as a teen. During our time with IH&S, James stayed involved as an Ambassador to the programme before joining our Board now acting as Chair of Trustees for the organisation. James vvas instrumental in securing support from local businesses for our inaugural year, supporting ourwork as we transitioned to independence and is keen to pull on his network over the next few years through local fundraising events and initiatives. F4YP Trustee, Asim Siddiqi, is a Partner at a Professional services firm working with businesses and communities in London and the South East of England. Asim actively assists schools in his local community particularly focussi ng on equal opportunities for children in minority groups. Asim first got involved with the F4YP in 2019 when we ran an Entrepreneur Challenge for our young people in partnership with Foundervine. This initiative was aimed at supporting young people from ethnic minority backgrounds to launch their own start-ups. In addition to providing fun and educational activities for our young people, Asim feels very passionately about the impact of providing onwards progression opportunities for our older young people. F4YP Trustee, Rebecca Ireland is a charity sector management professional with a background in operational leadership, safeguarding and fundraising. Becky is currently Business Operations Manager at a Mental Health charity and was previously Business Operations Manager at IH&S for four years overseeing the F4YP programme and line managing Sophie. Becky is our Data Protection Officer and the Trustee overseeing Safeguarding. She has great experience within the project as well as current connections with funders, young people, and their families. We have been focusing on the recruitment of new trustees and are hopeful we have found some to join us in the next financial year. Additionally we are looking to create a parentlcarer committee that will lead the parenv carer forum and inform the Board from a service user level. ONESTY RESPEC- FUN DREAM BIG HONEsfi RESPEf FUN DREAM BIG HONESTY RESPECT FUN DREAM BIC.
Fun 4 Young People Annual Report & Accounts FY 01111122-31110123 18 OUR DONORS We would like to thank those who have provided us with invaluable 5UPPOrt thi5 year. The RankFoundation Garfield w¢ty) The BEDFORD fyb. octlve , Rotary, Hedley Foundation co op ARPUR TRUST DH Foundation D8partm8nt for Culture Medva & Swt bdFOrd givns composs wellbeing TnazaTS We have continued to strengthen relationships with local grant-makers such as the Harpur Trust, Wixamtree, Gale Family Trust, Carlton Educational Trust and BeActive who have supported the F4YP project over several years and are thankful to them for continuing to fund us in this first year. We are pleased to have built several new relationships with grant-makers as well and hope these will continue to grow over the coming years. Community fundraising Community fundraising is a vital source of income for the charity. We are planning to increase donations from several distinct revenue streams, such as third-party events, regular giving and legacies. Following our celebration launch in November 2022 we held a charity ball in November 2023 which was a great success, and we hope to continue this each year. We have also explored other fundraising avenues such as sporting events like Swim Serpentine and Ride London. Other Donations We are delighted to have continued relationships with local businesses like M&DH Insurance, who have make both financial donations as well as volunteered time and resources to support our delivery. We continue to develop relationships with other local supporters to strengthen this funding stream. From our launch evening, we built relationships with Mazars and St James's Place, and have been fortunate to receive funding from their charitable arms. Other non monetary support Our schools are not only informing the work we're delivering, but they are also helping to drive it via their community fundraising activities, our Development Lead was a previous volunteer on our summer holiday clubs. We receive support from a number of local voluntary groups such as Bedford Lions, FACES and Kings Arms Project, who over the past few years have supported us with Christmas appeals. emergency food parcels and gifts for our families. Our trustees are pulling on their local networks to help deliver fundraising and events and everyone is inspired to join and support the F4YP community. Our work is additionally supported by Kempston and Bedford MP Mohammed Yasin as well as various local ward Councillors. ONESTY RESPECI FUN DREAM BIG HONESTY RESPEO FUN DREAM BIG HONEsfY RESPECT FUN DREAM BIC.
Fun 4 Young People Annual Report & Accounts Pl 01111122-31110/23 19 UR PARTNERS Our Partnership work also extends within our community, working with local charities and organisations to deliver our face to face work and strengthen our service. We are hoping to extend this in the upcoming year. having highlighted some already based on young person feedback. Sophie Ibbott Therapy Sophie joined the F4YP project in early 2020 to offer 1..1 therapy sessions to young people in our service. We offer this service to young people identified by our team as most in need. Working in a child focused way her specialties include trauma, PTSD, anxiety, emotional disturbance, family conflict and self-esteem. This year has seen her develop and deliver the parent carer toolkit workshops. Spiral Freerun As a Community Interest Company, they focus on providing 3 main benefits to those they work with: Physical Fitness, Positive Mental Health and Inclusion. Luke and his team lead parkour sessions both after school and at holiday clubs throughout the year. Canoe Trail We work alongside the Canoe Trail team to offer outdoor activities both after school and during holiday clubs. Through this partnership both Sophie and Sarah have qualified as Paddle Sport Instructors. Canoe Trail's mission is to deliver safe, fun and educational water-based activities and adventures. Some of these include paddle sports, climbing, archery and bush craft. Morelife MoreLife have sUPPOrted us through our HAF programmes the past few years, delivering healthy food awareness workshops to our young people. They are passionate about supporting individuals and communities to improve their health and well-being. orelife FACES We work alongside FACES to support our families and young people. FACES have many services we are able to refer our parentsl carers to and we often sit on professionals meetings together. Additionally, FACES offer support to our families during school holidays by providing food and packed lunches, and have offered gifts for our families at Christmas. Kin¥s Arms Retrack Project The team at King's Arms have continued to support us providing much needed food parcels and gifts at Christmas for our most vulnerable families. As well as this, they invite our families to an annual Christmas party at Kings House in Bedford, where they can enjoy a day of festivities and activities, a lovely opportunity both for our young people and our staff team to spend quality time with our families. KINGS ARMS IONESTY RESPECT FUN DREAM BIG HONESTY RESPEcf FUN DREAM BIG HONESTY RESPECT FUN DREAM BIC.
Fun 4 Young People Annual Report 8 Accounts FY 01/11122-31110123 20 MEETONE OF OUR YOUNG PEOPLE THIS IS NATALIE'S STORY. NATALIE CHOSE TO DO HER WORK EXPERIENCE WEEKAT F4YP AND WROTE DOWN HER JOURNEY. When me and my family moved to the UK in 2017. me and my brother didn't know much English and it was a bit difficult to start conversation and make new friends. In 2019 we moved again, here to Bedford (Kempston) and me and my brother were a bit more confident with the language and my Mum wanted to get us to go to a club, specifically a sports one. Then she found out about F4YP and me and my brother were very excited. She said she wanted us to carry on having physical activities during the week and to make us more confident with other kids our age in a new place. Me and him really enjoyed it,. it was fun and everyone was very welcoming. 74J The best thing about F4YP is the amount of inclusivity and there is all types of activities to do for all ages. For me, F4YP makes my day better and going to their clubs is the highlight of my week. I have made tons of friends and grew in confidence along the way. I tried a lot of new things like rock climbing and canoeingl I feel excited and happy to come to clubs because l enjoy them. I feel more confident to be around a lot of people and to be able to talk to everyone. I learnt how to play different sports and got better at the ones I played already. I love F4YP because we get to do all my favourite sports like badminton, rounders, and most importantly dodgeball, They did impact my mental health in a good way as I had people to turn to when I didn't have someone to talk to in the beginning. i enjoy being with and talking to all the staff members. they are very understanding and friendly. Overall, I'd be sad if I couldn't go to their clubs. ONE5TY RESPECT FUN DREAM BIG HONESTY RESPECI FUN DREAM BIG HONESTY RESPEcf FUN DREAM BIG
Fun 4 Young People Annual Report & Accounts FY 01111122-31110123 21 WHAT OUR COMMUNITY HAS TO SAY FUN 4 YOUNG PEOPLE IS A GREAT SAFE SPACE WHERE MY DAUGHTER WAS WARMLY WELCOMED BEFORE HER AUTISTIC DIAGNOSIS. Coming to F4YP clubs enabled her to navigate and learn her social and emotional skills in a structured fun atmosphere. The leaders have become adults that she looks fonvard to seeing weekly. They took time getting to know her and have become trusted adults in her life." Parentlcarer of YP with SEND THE CHILDREN ALWAYS COME OUT SMILING. HAPPY. AND ASKING TO GO AGAIN. Their confidence has built over the weeks and they are always learning new skills. The team are highly professional. approachable and supportive. We are very grateful for the services offered by them during such an emotionally challenging time. Parent/Carer of YP I RECOMMEND IT TO EVERYONE ALL THE TIME! As I'm home educated I was very nervous to start but due to a warm welcome from the team I have continued to attend F4YP clubs for a few years. Being home educated I don't get many chances to make friends from a similar age however coming to F4YP I have built many friendships. I've found coming to F4YP good for my personal growth as l am autistic, being able to work with people in the same situation as well as understand those in a different situation. It has now become apart of my routine and I don't like the days clubs aren't on. I recommend it to everyone all the time! Young Person. age 14 ONEsfi RESPECI FUN DREAM BIG HONESTY RESPECT FUN DREAM BIG HONESTY RESPECT FUN DREAM BIC.
Approved by order of the board of Trustees on ………………………………. And signed on its 14/02/2024 behalf by:
James King Chair of Trustees
Fun 4 Young People Annual Report & Accounts W 01111122-31110123 23 TRUSTEES REPORT The Trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the period 1st November 2022 to 31 st October 2023. The trustees have adopted the provisions of 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 IFRS 102) {effective 1 January 20191. Objectives and activities In line with our objects, the charitys main activities, which are all in relation to our purposes for public benefit. are: 'To act as a resource for young people up to the age of 24 from economically or socially disadvantaged backgrounds living in England, by providing advice and assistance, providing or assisti ng in the provision of physical, educational programmes and other activities, including the provision of facilities for recreational, leisure and other activity in the interests of social welfare with a view to improving their conditions of life, as a means of: 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." Further details can be found in the Strategic Report. Public benefit statement The Trustees confirm that they have had due regard for the Charity Commission Guidance on public benefit when reviewing the charitys aims and objectives, planning future strategy and setting policy. The work of F4YP is fundamental in improving the mental health and wellbeing of young people, by giving them access to opportunities they would not otherwise have. ONESTY RESPEC'I FUN DREAM BIG HONESTY RESPEO FUN DREAM BIG HONESTY RESPECT FUN DREAM BIC.
Fun 4 Young People Annual Report & Accounts FY 01111122-31110123 24 FINANCIAL REVIEW Principolfunding sources The company was awarded totalfunds of £330, 7 77 thisfinancialyeor 1st November 2022-31st Ortober 2023, {£7 15,135 being deferred incomefor multi-yeorgrant t7words) from a range ofgrontfunding, donotion5 ond communityfundraising activities. The major sources are grantfunding arefrom the National Lottery, Harpur Trust, Compass Wellbeing Cost of Living Fund, Bedford Giving, Gorfield Weston ond Moz(7rs Charitable Trust. Bedford Borough Council a150 providefunding in order to provide the HAFprogramme. Our budgetfor theyear increased due to the cost of living crisis with rises in utility, rent and delivery costs. We spent this year returning to ourfull capacity deliveryfollowing uyear based on a reduced, skeleton structure due to our transition to independence. See the Strategic Reportforfurther details offunders. Reserves policy The charity aims to hold unrestricted reserves which are sufficient and will normally exceed three month's estimated operating costs for the organisation as a whole during the following 12 months. The trustees have reviewed the level of reserves needed by the charity and agreed that: as a frontline service delivery organisation, many of our core salaries and overheads may be covered within our restricted income and that levels of unrestricted reserves may be lower. However, it has been agreed that the charity will look to secure and maintain increased levels of unrestricted reserves. Currently all salaries are covered by grant funding, and hence will be paid out of restricted funds for the foreseeable future. should reserves fall below the stated level, the trustees and the Chief Executive will endeavour to raise additional unrestricted funds as a matter of urgency or take steps to reduce operating costs. Going Concern The trustees recognise, like with all cha rities there is an uncertai nty to grant fu nding, but th is has been addressed by continuing to use a dedicated fundraiser to support this, and the trustees have an expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements. Key financial performance indicators Monthly management accounts and KPI reports have been established. A baseline budget has been prepared for the 2023-2024 FY and performance against this will be reported each month. The Trustees will review the fi nancial position quarterly. Future Plans Details of plans for the future can be found in the Strategic Report. IONESTY RESPEC I FUN DREAM BIG HONEsfi RESPECT FUN DREAM BIG HONESTY RESPEC'I FUN DREAM BIC
Fun 4 Young Peop e Annua Report Accounts FY STRUCTURE. GOVERNANCE & MANAGEMENT Structure. Governance & Management Governing document The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. The Articles of Association were altered on 8th March 2022. The first period end was extended to 31 st October 2022 to ensure a full year of activities from when the F4YP projert was transferred from IH&S, could be included in the first period. At the start of the financial year, the Trustee Board consisted of James King (Chair), J ulie Blatchford, Rebecca Ireland and Asim Siddiqi. On 3rd May 2023, Julie Blatchford stepped down as a Trustee, but still continues to volunteer her time at our reading programmes. Sophie Stock, CEO, leads the organisation day to day, as per our Delegation of Authority and is supported by Sarah Collins, Head of Operations. Charity constitution Constitution The charity was established as a not for profit company limited by guarantee on 1 stjune 2021, and subsequently received Charitable status on 8th March 2022, with a registered charity number 1191984. The charity is constituted under its Memorandum and Articles of Association dated 18th January 2022. The Articles of Association were updated on the 8th March 2022. b. Method of appointment or election of trustees Recruitment of Trustees has occurred as a result of direct interest in the charity. Trustees have been chosen through an analysis of skills to enable the progress of the charity's objects. Trustees induction has occurred through direction from the Charity Commission guidance. Formal induction processes are in place. These are reviewed on a regular basis. c. Risk management The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks identified. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 13432846 (England and Wales) Registered Charity number 1198194 Registered office Rooms 9 & 10 Dombey Court Pilgrim Centre Brickhill Drive Bedford MK417PZ "T FUN DR FUN DR ECT FUN
Fun 4 Young People Annual Report & Accounts FY 01111122-31110123 26 Trustees J ulie Mary Blatchford (appointed 17.11 .211 (resigned 3.5.23) Rebeccajane Ireland (appointed 17.12.21} Asim Siddiqi (appointed 16.3.221 James Andrew King {appointed 14.3.22) Chief Executive Officer Sophie Stock Head of Operations Sarah Collins Independent Examiner Catherine Brown Institute of Chartered Accountants in England and Wales Wright Connections Limited Bedford l-Lab Priory Business Park Stannard Way Bedford Bedfordshire MK44 3RZ Bankers Metro Bank Southampton Row London WC1 B SHA COMMENCEMENT OF ACTIVITIES The company was incorporated on 1 June 2021. The activities, undertakings and assets a550ciated with the IMPAKT Young People project (formerly known as Fun 4 Young People project) was transferred from Impakt Housing & Support to the Fun 4 Young People (F4YP) Ltd with effect from 1 November 2021. The activities included.. After school programmes; Holiday activities,. 1..1 Therapy sessions and Related pastoral support via CHIPS. Three members of staff who had worked exclusively on the IMPAKT Young People project, including the current CEO, were TUPEd across on 1 November 2021. The company became a registered charity on 9 March 2022. ONESTY RESPECT FUN DREAM BIG HONESTY RESPEO FUN DREAM BIG HONESTY RESPECT FUN DREAM BIC.
14/02/2024 Approved by order of the board of Trustees on ………………………………. And signed on its behalf by:
…………………………………………………………………………..
James King
Chair of Trustees
…………………………………………………………………………..
Asim Siddiqi
Trustee
…………………………………………………………………………..
Rebecca Ireland
Trustee
14/02/2024 Date:
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FUN 4 YOUNG PEOPLE IF4YPI LTO Independent examinerfs reportto the trustees of Fun 4 Young People IF4YPI Ltd Ilhe Company'l I report to the charity trustees on my examinats'on Oft accounts of the Company for the year ended 31 October 2023. Responsibilities and basis of repjrt As the thanty's trustees of Ihe Company land also rts dire(lors for the purposes ol CA>tnpany lawl you are iesponsible for the pr8pa18bon ofthe 8cu)unts in accoidance with the requiiements ofthe Companies Act 201 Uhe 2(x Ad'l. Having satisfied myself that the accoLM)ts of Ihe Company are not required to be audited under Part 16 of the 2CK16 Act are eligible for independent examination. I rep)rt in resFe(a of my examinatTh of your charrtls acLJ)unts as carried under Section 145 of the Charities Act 2011 1.the 2011 Act'l. In carrying out my exnatIon I have lolbwed the given by the Chanty Commission under SedK)n 145151 Ibl of the 2011 A(. Independent examinerfs statemerrt Since your charrty's gross income eXCeeded£250.( your examiner must be a member of a listed body. I can confirm that l am qualified lo undertake the ex8min81ion because l am a rnember of the Institute of Chartered Account8nts in England and Wales, which is one of the listed bodies. I have completed my examination. I confimi that no malters have come to my atten'Th) in o)nnection with the examination giving me cause to believe.. accountin9 record3 were not kept in respect oftP Company as requir&Y ty secti 366 ofthe 2CM)6 Act,. or the accounts do not accord wrth those records, or the accounts do not CoMY with the accounting requirements of Sedion of the 20( Ad other than any requirement that the accounts give a true and fair view whKh is r¥)1 a matter considered as part ol an independent examination., or the accounts have not been prepared in accordan wrth the methods and pnnciples of the Stalernent of Recommended Practice for accLJunling and reporting by charities 18pplic8ble lo charitie5 preparing their accounts in accord8nce wrth the Fin¥nrJ¥l Reprybng Standard app11rab in the UK and Repu of Ireland IFRS 10211. I have no concerns and have ccme across no other matters in conneclion wrth the examination to whh attention should b8 drawn in this report in order to enae a proper underslandiro of the accounts to be reached. Catherine Brown Vvright Connections Limited Bedford l-Lab Priory Business Park Stannard Way Bedford Bedfordshir MK44 3RZ 1410212024 Date.. Page 28
FUN 4 YOUNG PEOPLE IF4YPI LTD STATEMENT OF FINANCIAL ACTMTIES IINCORPORATING AN INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 OCTOBER 2023 Period 1.6.21 to 31.10.22 Total funds Y8ar Ended 31.10.23 Total funds Unrestricted fuThJ Restricted funds Notes INCOME AND ENOOWMENTS FROM Donatsons arid legaaes 52.967 52,967 87,751 Charitable activities Educational and support serVIS 9,502 267,702 277,204 321,599 Total 62,469 267,702 330,171 409.350 EXPENDITURE ON Charltsbl• aetlvltl8s Educational and support ServIS 26,746 277,011 303,757 246,309 NET INCOMEIIEXPENDITUREI 35,723 {9,3091 26,414 163,041 RECONCILIAnON OF FUNDS Total funds brought forward 20,150 142,891 163,041 TOTAL FUNDS CARRIED FORWARD 55.873 133,582 189,455 163,041 The note5 fowm part ofthese financial 5talements Page 29
FUN 4 YOUNG PEOPLE IF4YPI LTD BALANCE SHEET 31 OCTOBER 2023 31.10.23 Total funds 31.10.22 Total nds Unreslricaed ftjnd Restricted fvnds Notes FIXED ASSETS Tangible assets 10 4,491 4,491 3,310 CURRENT ASSErs Debtor5 Cash 81 bank and in hand 11 51.593 11.425 230.155 18.562 281.748 29,987 332,342 42.284 63.018 248.717 311.735 374,628 CREDITORS Amounts falling due wrthin one year 12 111.6361 1115.1351 1126,7711 1152.3411 NET CURRENT ASSETS 51.382 133.582 184.964 222,28S TOTAL ASSETS LESS CURRENT UAuTIes 55,873 133,582 189,4SS 225,595 CREDITORS Amounts fall'ng due after ryb)re Ihan one year 13 162,5541 NET ASSETSIIUABIUTIESI SS,873 133,582 189,455 163,041 FUNOS Unrestricted funds Restricted funds 15 55,873 133,582 20,150 142,891 TOTAL FUNDS 189.455 163,041 The d)8ritable company is enlthd lo exemption from LM)der Sedb)n 477 ofll* Companies Act 2W6 for Ihg year ended 31 Oclobèr 2023. The rnembers have not required the company to obtain an audit of its ffinancial statements for the year ended 31 Octoter 2023 in accordanr£ wrth sb.C 476 oflhe Compan5 Ad 21x6. The trustees acknowledge their responsibilrties 181 ensuring that the Charitab company keèps sconth"n9 ré(x)rds that compty wth S8dions 386 aThJ 387 of the Companies Act 20CE and preparing finanoal stslements which give a Irue aThY tsir view of the stsle of affairs of the charitable company as at the end of each financial year and ol its surplus or defiot lor each financial year in accordance with the requirernents of Sections 394 and 395 and whh olherwise CoMY wlh the requirements of Ihe Comp8nies Act 20CE relating lo finanry81 s181ements, so far as applicable lo Ihe tha[rtab (xjmpany. Ibl The note5 fowm part ofthese financial stalements Page 30 o)ntinued...
FUN 4 YOUNG PEOPLE IF4YPI LTD BALANCE SHEET- continued 31 OCTOBER 2023 These financial statements have been prepared in 8(xx)tdatKe wrth Ihe provi&ons ap*ble tts charitae companies subject to the small companies regime. 1410212024 The finanoal statements were approved by Ihe Board of Trustees and authorised for issue on and were signed on its behalf by.. J8mes Andrew King- Trustee Asim Siddiqi- Trustee Rebe¢¢a Jane Ireland- Trustee The notes fomi part ofthese finanaal siatements Page 31
FUN 4 YOUNG PEOPLE IF4YPI LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
ACCOUNTING POUCIES
Ba515 of preparing the financial staternents
The finanrial statements of the charitable coryany. whith is a puNic benefft entty under FRS 102. have been
prepared in acix)rdanc£ wilh the Chanties SORP IFRS 1021 'ArAxJnting and Reportin9 by Charitie5". Statement of
Recommended Pracb"ce appliG4ble to tharIeS preparing Iheir arAx)unts in accOrdar wrth the Financial Reporting
Standard applicable in the UK and Republ of Ireland IFRS 1021 (effective 1 January 20191,, Financial Reporting
Standard 102 'The Finanaal Reporting Standard applicab in the UK and Republic ol Ireland, and the COMpanS
Act 26. The financial statements have been wepared under the historical cost convents'on.
The fin8nckql slalemenls are prepared on a going coTh2m baBis under the historic4 wsl wnVenti. The fin8ncial
stalernents are wepared in slerfing WWI is the functional cuThenry of the thaiity and rounded to the nearest £.
Generdl Infomiatlon
The charrty is a private limited eA)mpany (incorporated in England and Wales) limited by guarantee, as defined by th¥
Companies Ad 2(K)6. The chantys owrations are control1 frc*n, and its records and accounts maintained in, rt$
registered office as shown in the Report of the Trustees..
The nature ofthe charity's cperathjns and winrApal actiVe5 are described in the Report of the Tru5tee5.
In aCrdanCe with the Companies Act 2¢Xb the thantable tsynpany ¢hanged its y88r trnd to trnsure a full year of
gctivities was induded in the first set of finanoal statements.
Crltl¢¥l a¢¢ountlng Judggments ond kgy sou¢¥ of e¥lim¥tlon un¢oTtsSnty
No judgements lapart from those invdving esbmalesl have been rnade in the proce6s of applwng the above
8CCL)unting polKies.
ere enlilltrmenl lo grant In
FUN 4 YOUNG PEOPLE IF4YPI LTD NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 OCTOBER 2023 ACCOUNTING POUCIES- continued Taxation The charity 15 exempt from rporatIOn tax on its cwilable activities. Fund accounting Unrestrted funds can be useil in accordan wth the charitat4e obiedNes at the disuetion ofthe trustees. Restricted funds can onty be used for pathujlar Testricted puwes ¥thin the objects of the charity. Restrictions arise when specifEd by the donor orvthen fvnds are rais&Y for partiuJl8r resth¢leLI purposes. Furthèr èxplanation of thè nature and pury)ose of èath lund is inded in notes to Ihè finaniial statemènts. Pension costs and other PosttIrement benefits The Charitab company makes cLJntritrAthons to employees. deffined ¢))ntritrrtJt pension plans. Donated goods Donated goods serVS are recognised in inccffle at their tsir orly when their enOMiC benefit is probable, il Can b& measured rdiabty anfj the ¢harty ha$ lh& rtem. D•btorn and er•dltor8 r8eèlvabltlpayab vAthln l yèar Debtor5 and creditors with no stated inleresl rate and rl¥able or pay8ble within one year are recorded at Ir8ns8ction pric*. Any k>sses arising from a re¢c8nised in expendrtuffj. DONATIONS ANO LEGACIES Period 1.6.21 lo 31.10.22 Ye•r Ended 31.10.23 Crowd funding Donations Grants 372 52,S95 9,110 70,078 52,967 87.751 Grants received. induded in Ihe above. are as fcIkn'. Period 1.6.21 lo 31.10.22 Year Ended 31.10.23 Other grants 52,595 70,078 Page 33 continued...
FUN 4 YOUNG PEOPLE IF4YPI LTD NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 OCTOBER 2023 INCOME FROM CHARITABLE AcThimES Period 1.6.21 to 31.10.22 Y•ar Endèd 31.10.23 Activty Educational and supwrt servr Eduits"onal and $uprA)rt serv Service Provigon Course fe85 Servir£ provi[ funding received from IMPAKT Educational and SUPF)rt servtis Funds recewed from IMPAKT Educational and supwrt seN Grants received Educational and supp1 serv National Lottery fijnding from IMPAKT N8b'onal lottery funding 29,610 9.502 45.000 7,280 11,336 16,041 38,080 113,500 Educational and suppcfft ser¥rEs Educational and supwrt serv 14,939 188,923 124,592 277.204 321,599 During the period ended 31 Odober 2022 grants received from the National Lottery induded £29,910 which was 10°k uplift as a result of the transfer of acaivities and undertakings from IMPAKT Housing & Support. CHARITABLE ACTIVMES COSTS Supp)rt costs (see note Sl Dire¢¢ Totals Edu¢8lon81 and support s¥rvic4s 31XI,757 3.ty)0 303,7S7 SUPPORT COSTS Goveman costs Educats'onal and support services 3,000 NET INCOMElIEXPENDuREl Net incomellexpenditure} is stated after ItsginI(sedrtIngI'. Period 1.6.21 lo 31.10.22 Year Ended 31.10.23 Independent Examiners, fee Independent Examiners, fee- other Depreriation- owned assets 1,200 1.800 960 1,2 1,8CX) 827 Page 34 continued...
FUN 4 YOUNG PEOPLE IF4YPI LTD NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 OCTOBER 2023 TRUSTEES. REMUNERAnON AND BENEFITS There were no trustees. remuneralion or other bereffts for the year ended 31 Oc*ober 2023 nor for the period ended 31 October 2022. Trustees. expenses There were no 31 Ocaober 2022. trustee5' expenses paid fijr the year ended 31 0(lober 2023 nor for the period ended STAFF COSTS Period 1.6.21 to 31.10.22 Year Ended 31.10.23 Wages and salaries Soaal security costs Other penskjn costs 107,519 3,649 3.501 89,880 192 3,079 114.669 93,151 The average monthty numbgr of empk)S durirvJ lh¢ year wa$ 8$ fdlows.. Period 1.6.21 lo 31.10.22 Yr End¥d 31.10.23 F4YP Admties No emoYeeS receNed emc4uments in excess 01£60.C. Total mneratIon paid lo key management the per 31 OIAot4f 2023 8mounled lo £66,299 12022.. £54,099). COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcmMnES Unrestricted fund Restrict ftjnds Totsl funds INCOME AND ENDOWMENTS FROM Donatrons and legacles 87,751 87,751 Charitsbl• aetiviti•s EdLJcAbonal and sUPPQrt servi 7,280 314,319 321,599 Total 95.031 314,319 409,350 EXPENDITURE ON Charitablè aetiviti6s EdLJG4bonal and 5UPPOrt servicAS 76,631 169,678 248,309 NET INCOME Transfe between fund¥ 18.4 1.750 144.641 11.7501 163.041 Page 35 continued...
FUN 4 YOUNG PEOPLE IF4YPI LTD NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 OCTOBER 2023 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTiwllES- continued Unrestricted fijnd Restricted nds Total nds Net movement in funds 20.1 142,891 163,041 TOTAL FUNDS CARRIED FORWARD 20.1 142.891 163.041 10. TANGIBLE FIXEDASSETS and ffltings Motor VeheS Totals COST At 1 November 2022 Addil'ons 637 2,141 3.SOO 4137 2,141 Al 31 Odot¢r 2023 2.778 3.500 6,278 DEPRECIAThON At 1 November 2022 Charge lor year 127 260 700 700 827 960 Al 31 Oc10r 2023 387 1.400 1.787 NET BOOK VALUE At 31 Octotr 2023 2.391 2,100 4,491 Al 31 00r 2022 510 3,310 IT Equipment comprising electron tabkts. lap tops and rnob1 phones were received on 1 November 21 from IMPAKT Housing & Support togelher with equi[nI preV)Y used in their F4YP project. There was no deemed cost e31imated with this transfer. 11. DEBTORS 31.10.23 31.10.22 Amounts falling dug wrthin one yèar. Other debtor5 Inslallments due on grants Prepayments and alxrued irKx)n 7,240 167,741 4,353 2,01 180.396 1,393 179.334 183,879 Arnovnls falling due after more than year Instalments due on grants 102,414 148,463 Aggregate amounts 281.748 332,342 Page 36 continued...
FUN 4 YOUNG PEOPLE IF4YPI LTD NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 OCTOBER 2023 12. CREDITORS: AMOUNTS FAWNG DUE WTHIN ONE YEAR 31.10.23 31.10.22 Soaal security and other taxes Other creditors Short temi k)an Accxued expenses Défèrred grant in¢omo 802 676 3,090 7,068 115,135 843 814 3,09) 2.999 144,795 126.771 152,341 13. CREDITORS.. AMOUNTS FALLING DUE AER MORE THAN ONE YEAR 31.10.23 31.10.22 Deferred grant incomg 62,554 14. LEASING AGREEMENTS Minimum lease payments under nc*KadIat4e OFeraling aSe$ fall due as follows.. 31.10.23 31.10.22 thin one year Between one and fNe years 8,360 18,810 27,170 27.170 35,530 1S. MOVEMENT IN FUNDS Net movement in funds At 1.11.22 At 31.10.23 Unre8trlcted funds General fund 20,150 35,723 55,873 Restricted fund$ Sports artivrtie$ Clubs and Mentonng Proipd work91 $1$ 1,400 141.491 11,4001 124,7971 16.888 116,694 16,888 142,891 19,3091 133,582 TOTAL FUNDS 163,041 26,414 189,455 Page 37 continued...
FUN 4 YOUNG PEOPLE IF4YPI LTD NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 OCTOBER 2023 15. MOVEMENTIN FUNDS-continued Net movement in funds. induded in the above are as follows.. Inc(xning resources Resour& expended Movetnent in fijnds Unresthcted funds General fund 62,469 126,7461 35,723 Restricted funds Sports activrties Clubs and Mentoring seryices Projed worker costs 15,473 232.896 19.333 116,8731 1257.6931 12.4451 11,4001 124,7971 16.888 267.702 1277.0111 19.3091 TOTAL FUNDS 330,171 1303,7S71 26,414 C¢Mpar•t1v for m0m¢At In lund• Nel movement in funds Transfers befvrfeen funds Al 31.10.22 Unrn8tr5cted fund8 General fund 18.4 1,7SO 20,150 Restrl¢ted fund$ Sports activities Clubs and Mentoring serwces Purthase offixed a501s 141.491 1.750 141.491 11,7501 144,641 11,7501 142,891 TOTAL FUNDS 163,041 163,041 Comparative net movement in fuThls, induded in the above are as frAkths.' Incorning resource5 Resources expended Movement in funds Unrestricted funds General fund 95,031 176,6311 18,400 Restrlcted funds Sports activrties Counselling Services Clubs and Mentoring seNces Purchase of fixed asets 15.IKJD) 12,9851 (161,6931 2.985 303,184 1,750 141,491 1,750 314.319 {169.6781 144.641 TOTAL FUNDS 409,350 {246,3091 163,041 Page 38 continued...
FUN 4 YOUNG PEOPLE IF4YPI LTD NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 OCTOBER 2023 15. MOVEMENTIN FUNDS-continued The indiwdual reStrid fvnds have been sel up to ensure that experKliture against grants given for restricted purposes can be rnonrtored and recorded in aCa)rdar ¥th any rx)ndrtnS ifflposed by the donorlsl. Thè namè of the fund5 are desthpbve ofthe restrithons imposed by the donor. 16. RELATED PARTY DISCLOSURES During the year eThYed 31 October 2022 £S,¢XK) Flus grft awj was received as a dation from a trustee. None was received in Ihe year ended 31 October 2023. A trustee loaned the company £3CI) {interest freel vthich was frjlty repaid by 31 Ocaober 2022. Page 39
FUN 4 YOUNG PEOPLE IF4YPI LTD DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 OCTOBER 2023 Penod 1.6.21 to 31.10.22 Year Ended 31.10.23 INCOME AND ENOOl4VMENTS Donatlons and legacl•s Crowd funding Donations Grants 8,563 9,110 70,078 372 52,59S 52,967 87,751 Charltabl• aetlvltSÉs Service Provision Course fees Service provigon fijnding received frc4n IMPAJ Funds received from IMPAKT Grants received National Lottery funding from IMPAKT National lottery fur)ding 29.610 9,502 45,LYJO 7,280 11,336 16,041 38,080 14,939 188,923 113,500 124,592 277,204 321,599 Total Incomlng rosource8 330,171 409,350 EXPENDITURE Charitsbl• aetlvltS88 Wages Social securrty Pensions Insurance Light and he81 TephOne Po$lage and stslionery Advertising Sundries Mini bus costs IT consumables Rent Repair5 and renewals Staff training Travel costs Othei staffing costs Activrty direct costs Bank charges Grant fund raising costs Carried forward 107,519 3,649 3,501 4,919 6,836 1,087 89,880 192 3,079 4,635 299 585 25 1,846 2,957 2,$46 1,208 10,437 328 3,9 12,805 9,430 239 1,448 689 518 97,428 58 17,475 242.482 2,265 761 1,050 129,088 16,031 296,040 This page does not form part of the statulory financial statemenis Page 40
FUN 4 YOUNG PEOPLE IF4YPI LTD DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 OCTOBER 2023 Penod 1.6.21 to 31.10.22 Year Ended 31.10.23 Charitable activities Brought fOnard Extemal evaluation Depreaation ol tangible fixed assets Interest on late payment of tax 296,040 3,750 960 242.482 827 300,757 243,309 Support costs Gov•manc• Costs Independent Examiners, f¢e Independent Examiners. fee- other 1.200 1,800 1,2CY) 1,800 3,000 3,000 Total resources expended 303,757 246.309 N¥t In¢omo 26,414 163,041 This page does not fcffji part of the statulory financial statemenis Page 41