TEENS DREAMS ANNUAL ACCOUNTS ZOZ5
TRUSTEES Sarah Friedman Briendy Friedrich Shoshi Landau REGISTERED OFFICE 12 Grangecourt Road London,N16 SEG CHARITY NO: 1204492 INDEPENDENT EXAMINER De Claron Ltd 3a The Vale London, NWII 8SB BANKERS TSB 174 Clapton Common,E5 9AQ
MESSAGE OF THE CHAIR Hey everyonel Wow-what a second year ivs been at Teens Dreamsl We've gone from spark to full flame, growing our impact and pushing forward with even more hear¢ hustle, and hope. This year, we were so proud to launch our Mobile Food Bank thanks to funding from the National Lottery. Every week, we rolled into local council estates with fresh fruit, veg, and dairy-making sure teenagers in our community had real access to healthy food. No fuss, no shame~ just good food for growing minds and bodies. We also hosted two buzzing Food Fair events, with over 300 young people trying new foods, joining in on the fun, and becoming part of our healthy living movement. Seeing the energy, curiosity, and community that came alive at those events was everything. Our Hygiene Bank kept doing what it does best-showing up with dignity and care. This year, 8Lk underprivileged young people received the essentials they need to feel fresh, confident, and ready to take on the world. But it wasn't just about the basics-this year, we also invested in young leaders. Through two leadership training courses, we equipped 18 incredible teens with the tools, voice, and vision to lead change in their own communities. IVS been inspiring to watch them step up. Looking ahead, we're fired up to bring back our Eco-warriors program. Our planet needs more young changemakers, and we're ready to rally them. Because saving the Earth isn'tjust for grownups- ivs for all of us. A HUGE thank you to our amazing funders: the Young Gamechangers Fund, National Lottery Trust Cash For Kids, Stan Vidler Memorial TrusL and Arnold Clark Foundation. Your belief in young people fuels everything we do. To every teen who joined us this year-you are the heartbeat of Teens Dreams. And to every supporter-thank you for being in our corner. Herds to dreaming big, doing more, and building a future wdre all proud of. With gratitude and excitemenL Sarah Friedman Chair, Teens Dreams
PROJECTS HYGIENE BANK LEADERS FIRST The 'Leaders First. scheme Is the cornerstone project OF Teens Dreams Youth Charity. proding a unique ieodershlp OPPOrtunlly For wung people aged -18. This Inlllalive auows 30 teen leaders lo design and Implement weekly hangouts for105 children LIng In cramped quarters. Each week. these leaders cre4le 4)nd execute lun ond engoglng o¢livltles, oFFerlng a sJFe and enlerialnlng envlronment for the children. Throuth Leaders Flrst. tho teen leaders ga Invaluable leadership experleTrce by iaking ftjll ownershlp ol the program each week. This opportunlly helps them develop crucljl skllis such as declslon-maklng. teamth, ond responslblllly, while making J meanlngFul Impa¢l In thelr communlly. n't think I was Leadetship matenal. Now I Our hyglene bank has been a cruclaL part OF our eFForts. We've successFulLy delivered hyglene parcels to 84 young people In need ensuring they have access to essentiaL Ilems Ilke soap. toothpaste. and deodorant. Thls Inltlatlve complements our envlronmentaL mlsslon by promotlng healt and well-belng wilhln our communlty. ri "Everything w05 packed so nicély. lfrlt like someone reolly thought about me." Eli5hevo, 12 Before this, I run my own ec¢Xlu." ECO-WARRIORS FOOD FAIR Eco-warrlorsls an Innovative ¥Dulh-led Initiale that combines enVIr(Mental actisM with practical skllls deveLopmenL The project engages teenagers In sustaInabi1y-roCvSed a¢livltles su¢h as weekly community clean-ups. monthly rcng drives. and bl-monlhly envlrcffjmenlal workshops We asio Introduceé a mobile clothing bank that provides Free. genlly used clothing lo y)ung people In need. To enhance Its Impact. the program Includes dressmaklng sesslons where partlclpanls learn to alter and UpCLe donated garments, empowering them with practical sewln9 skllls whlle reduckng texllle waste. Food Falr Project. a Wbranl Inil*lfve designed lo tackle Food poverly Whi building community Jnd cvrioslly around healthy eating. Wllh Support from the NJilonal Lollery, we hosted two large-scale Foc#J Fairs that brought together er 300 y)ung people from local councll estate& These events oFfered Free. nutr1lUS meals. Interacllve lo¢JJ stallons. and lun aclmlies where leens could experlmenl wllh new tostes and learn oboul healthy choices In an upIIRlng. siigma-lree space. The Food Falrs dldn I just Feed bodies Ihey spafked conversations. created connection. and helped wung people see ld as a gateway lo wellness and conlklence. "It meons a (ot knowing someone cares enough to ingfreshftoy to our estote." -Dorf16
SNAPSHOT /1 OUR YEAR Septernber -Leadership First Tralnlng Course LauTr¢h Food Falr-August -WafNIY*,. Nlene Bank Open Event Yicorned 43 wung wop January - Trusiee Annual Meetthg First cohorl ol IB ng people graduate Leoder5hip Tralnlng
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 tho year ended 31 March 2025. 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 the Republic of Ireland IFRS 102) (effective lJanuary 2019). OBJECTIVES AND ACTIVITIES Objectives and aims To improve the emotional well-being of young people (13-25) by the provision of services to help them build r8silience, promoting healthy coping strategies to replace current bad habits. R81ief of foodlhygiene poverty among young people through provisions of crisis parcels and other services. Give opportunities for marginalized youth to become involved in social action, leadership, and volunteering SIONIFICANT ACTIVIITIES The f inancial results of the Company's activities for the period ended March 2025 are f ully ref lected in the 8ttached fin8nci81 statements, together with the notes thereon. The trustees are satisfied with the results and 8Ctivities of the company for the period and do not anticipate any signif icant changes in the forthcoming year. PUBLIC BENEFIT The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benef it when r8viewing the aims and objectives and in planning the charity's future activitl8s. The aims of th8 ch8rity for th8 public benef it are detailed in the Projacts section of the r8port, ACHIEVEMENT AND PERFORMANCE Charitable activities The charity received don8tions that 8mounted to £44,230 and spent £34,542 on charitable 8Ctivitl8S. FINANCIAL REVIEW Reserves policyThe trustees h8ve agreed that the charity will m8intain reserves equivalent to 8t least 3 months of core running costs. This level of reserves is intended to provide financi81 stability, ensuring that the charity can continue its essenti81 operations in the event of unexpected funding shortfalls or unforeseen expenses. The reserves policy is reviewed annually to ensure it remains appropriate for the charity's needs and circumstances. FUTURE PLANS Th8 charity plans to continue its activities subject to satisfactory incoming resources. STRUCTURE, GOVERNANCE AND MANAGEMENT The charity is controllèd by its gov8rning documènt, its m8mor8ndum and articles of association, and constitutas 8 limited company, limited by guar8nte8. as defined by the Companies Act 2006. Recruitment and appointment of new trustees It is not currently th8 intention of the trustèes of the charity to appoint new trusteos. Should this situation change in the f uture, the trustees will apply suitable recruitment and training procedures. RISK MANAQEMENT The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against f raud and error.
Teens Dreams (charity number 1204492) - yle 31.03.2025 Statement of Financial Activities le 3103.2025 UMstrictod Fund6 u•strIctBd Funds Tot•1 Fund6 INCOMING RE50URCE5 2è.3bO.00 17.200.00 670.50 43.560.00 670.50 11.915.00 11,915.00 11.785.99 Donatio 11.785.99 26.360.00 17,870.50 44.230.50 11.785 99 23.700.99 TOTAL INCOMING AESOUACES 44,230.SO 2 a.?.99 Eco-WarrK)rs Food Fair Hygiene Bank L88d8rs First 4,99e.00 1?,46B.&3 4.998.00 17.468.63 .99D.27 2.814.56 ?.?00.00 9.792.37 ?.50B.07 282.44 2,700.00 8.990.27 7,5DB.07 6,z82.44 2.814.56 •DuIc•i • 271.20 271. 35.7BI 19 9.261.47 34.$41,1¢ 30.182.8¥ 30,382.88 TDTALOVTGOINa 34.542.66 2 D.282.88 NETMOVEMENT5 IN FUND5 FOR THF YEAR 9.687.84 FUMDSCARRIED FORWARO 3.418.11 TOTAL FUNOSeARftIED FORWARD 3,418 11 Dratte4LgTh¢•Sh#•t 11 31.03.1015 1• 31.03.1024 CURFENT ASSETS OEeTORS CASM IN MAPIO I OANK 13.105.95 3,418.11 3.418.11 CREOITORS NET ASSEIS 3.418.11 FUNDACCOUNT 3.418.11 Approved by the Trustees of Teen5 Dreams and signed on 29 May 2025 on behalf of them all. Sarah Friedman
INDEPENDENT EXAMINER'S REPORT I report on the accounts of the Charity for the year ended 31 March 2025. Respectlve responslbllltles of trustees and examlner 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 the Charities Act 2023 (the 2023 Actll and that an independent examination is needed. It is my responsibility to examine the accounts lunder the 2022 Act). to follow the procedures laid down in the General Directions given by the Charity Commissioners (under the 2022 Actl- and to state whether particular matters have come to my attention. Basls of Independent examlnerfs report My examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audlt, and consequently I do not express an audit opinion on the view given by the accounts. Independent examlnerfs statement In connection with my examination, no matter has come to my attention.. 111 which gives me reasonable cause to believe that in any material respect the requirements.. to keep accounting records in accordance with the 2022 Act; and accounting or to prepare accounts which accord with the accounting records and comply with the requirements of the 2022 Act have not been met,. 121 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. De Claron Ltd. 3a The Vale LONDON NWII 8SB: 25 May 2025
IA NOTES TO THE FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES Basls of preparatlon of flnanclal statements The financial statements have been prepared under the historical cost conventlon as modified to Include the revaluation of land and building with the exception of investments which are included at market value. These financial statements have been prepared in accordance with the Statement of Recommended Practice ISORPI,'Accounting and Reporting by Charities" published in Jan 2021. Charlty status The charity is an unincorporated association. The members of the charlty are the trustees named on page 2. Fund a¢¢ountlng General funds are unrestrlcted funds which are avallable for use at the discretion of the trustees In furtherance of the general objectlves of the charity and which have not been designated for other purposes. Incomlng resources All incoming resources are included in the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Income tax recoverable in relation to donations received under Gift Aid or deed of covenant is recognised at the tlme of the donatlon. Resources expended All expenditure is accounted for on a cash basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities they have been allocated on a basis consistent with the use of the resoruces. Management and administration costs are those incurred in connection with admlnistratlon of the charlty and compliance with constitutional and statutory requirements. Golng Concern The accounts have been prepared on a going concern basis as the trustees consider the charity will contlnue to operate for a period of at least twelve months from the date of the approval of these accounts. NET INCOMING RESOURCES During the year no trustees received any remuneration, benefits in kind or reimbursement of expenses.
TEENS DREAMS