SGYH
{A Company Limited by Guarantee)
Report and Financial Statements for the year ended
31 March 2024
Charity number: 298777
Company number: 2060534
SGYH
Contents
Page
1 Report of the management Committee
Reference and administrative information
Objectives and aims
Achievements and performan
Financial review
Structure, govemance and management
2 Independent examinefs report
3 Statement of financial activities
10
4 Balance sheet
11-12
5 Notes fonning part of the financial statements
13-19
Page 1

SGYH
Report of the Management Committee
for the year ended 31 March 2022
The Management Committee presents its directors, report and independently examined
financial statements for the year ended 31 March 2024.
Management Trustees As at 31$1 March 2024
Annette Jones
Chair
Christine Howard Vice chair
Annette Jones
Secretary
Richard Gilpin
Treasurer
Janet Biggin
Jason Ellis
Christian Abbott
Etunum Olukayode
Ben Williamson
Alison Udall
Served all year
Served all year
Served all year
Served all year
SeNed all year
Served all year
Served all year
Served all year
Served part of year
Served part of year
Served for part of the year
Ben Williamson Resigned 31st March 2024
Jane Udall Resigned 15th February 2024
Administrative Information
Charity Name:
SGYH
Charity registration number:
298777
Company registration number: 02060534
Registered Office:
71 High Street. Kingswood, Bristol, BS15 4AD
Team Coordinator
Amanda Osborne
Secretary
Annette Jones
Independent Examiner
Dick Maule FCA. The Cross House, South Woodchester, GL5 SEL
Bankers
The Co-operative Bank plc, PO Box 101, 1 Balloon Street. Manchester, M60 4EP.

SGYH
Objectives and Aims
Purposes and Aims
The objectives of South Gloucestershire Youth Housing (SGYH) in our memorandum of
association are lo provide care. support and resettlement to local homeless young people
to help them find and rnaintain independent accommodation."
SGYH operates in Kingswood, South Gloucestershire.
Summary of our Main Activities
SGYH provides an intensive housing management service for single and at risk 16 to 24
year-old young people in temporary, shared independent accommodation.
SGYH provides housing management and support for residents in their personal and social
development in order to enable them to move onto independent living and accommodation.
Residents may need appropriate support. encouragement and advice according to their
individual needs to enable them to settle into and maintain their accommodation and their
own wellbeing. SGYH Accommodation consists of a 10 bed shared accommodation hostel
and 2 training flats whiGh are used for Care leaver aged 16 onwards.
Park Wiew.. A ten-room shared house providing temporary stable accommodation for
18-24 year olds.
Training Flats: SGYH runs 2 training flats for youth services which help prepare care
leavers (16 years onwards) for independent living. Support around life and personal
skills is provided by SGYH. From September 2023 the training flats could only be used
from Care Leavers 18 and above until the Ofsted registration is complete.
Public Benefit
Our services deliver public benefit by working closely with the local authority. NHS. Police,
educators to improve young people's futures and enable them to get back into independent
living and be successful members of the community. This includes reducing crime.
improving health and wellbeing. socialisation skills and providing opportunities for move on
to independent living. All our referrals are ￿e1Ved from South Gloucestershire Council.
Page 3

SGYH
Achievements and Perforniance
Who Used and Benefited from Our Activities?
SGYH supports 16 to 24 yearolds in South Gloucestershire, many of which were homeless,
refugees, young people with mental health issues and care leavers.
Use of the Project
During March 2023 to April 2024 we had 20 young people in Park View (10 beds). These
figures suggest a high need for the project, but also indicates that move on homes are not
readily available and Ihe need for affordable private renting is required.
SGYH is keen to help young people move on as soon as they are ready to live
independently.
Achievements
We have continued to provide a high level of service for Park View, with high move
on figures.
We have completed the redecoration and refurbished each of the room within the
hostel. And have started on the communal corridors.
We have refurbished the training flats to ensure their suitability for continued use.
We have started the registration process with Ofsted for the training flats.
We have continued to ensure all staff are fully trained in all aspects required with
annual refresher training. and further training as required from Ofsted.
We continue to support the most challenging clients with behavioural and mental
health needs. and ensure they have extra support as required.
We have been able to maintain a high level of support and successful move ons.
We continue to review our policies and procedures on an annual basis.
We are in full compliance with all Local Authority and other partnerfs requirements.
Repairs and upgrades
We continue to employ a part tirne Maintenance person for the general work needed to be
done. This continues to improve our tum-around of each roorn as they become available.
It also helps with the refurbishment carrying forward and this year particularfy with the
training flats.
Equal opportunities
SGYH provides a Se￿ICe that is accessed by all those in the community. We consider ra￿.
age. gender, sexual orientation. disability and religious belief.
Safeguarding
We recognise that the welfare of the young people and adults is paramount. All young
people and adults. regardless of age. mental capacity. disability. gender, racial heritage,
religious belief and sexual orientation or identity, have a right to equal protection from all
types of harm or abuse. Some young people and adults are additionally vulnerable because
of the impact of previous experiences, their level of dependency. communication needs or
other issues. Working in partnership with other agencies is essents'al in promoting young
people and adults, welfare.
Pago 4

SGYH
Outcomes
SGYH helps young people find 'move on, accommodation for young people and helps to
source training,education, apprenticeships or work. As so many jobs are not available to
16-year olds the priority for them is training and qualifications. Our support helps young
people to manage their money, or crisis management such as self-harm or mental health.
but also we work hard to keep them in touch with their families. In the long run a good
relationship with their family is a major factor in a young person's life and learning how to
sustain good relationships is one of the greatest skills we can teach. and help fulfil their
aspirations.
Fundraising, Grants and Donations
SGYH would like to thank its donors whether cash, goods or services were received. We
fundraise to help young people achieve their best potential. The charity is not permitted to
use income for housing purposes for non-housing expenditure, ie. bus fares to help young
people travel to workjcollege. fund study books, clothing for interviews etc. These are items
not covered by other funding, but are vita5 to help young people move on in their lives and
feel respected and part of the community.
We are grateful for the follo￿￿ng support during the year.
Mrs June Harvey and Friends
Mrs Beryl Osbome
Lisa Hook
Food donations:
Lidl - Kingswood
Pa9è 5

SGYH
Financial Review
The result for the year was a deficit of £16,144 (2023 ~ £-1.240). Our tumover increased
to £251,440 from £220,610 in the previous year. During the year we have continued to
manage rent arrears effectively and void levels have been kept to a minimum (2.03 / )
Principal Funding Sources
Our key SoUr￿S of funding are:
South Gloucestershire Council which provides grants for the provision of support
services for young people for whom SGYH provide accommodation in Park View,
Kingswood as well funding for the Training Flats.
Rental income payable by our young people either personally or via Housing Benefit
for rent of accommodation
In addition. we receive housTng management allowances from Places for People for
providing housing management seNices for Park ITiew. Kingswood.
Reserves
SGYH has a policy to retain sufficienl reserves to enable it to restructure should the support
of the local authority be withdrawn or management contracts with Places for People not be
renewed. The rnain concems of the board are to ensure:
Funds for a short period between agreement of funding streams
Funds for capital projects and equipment replacement costs
Funds for possible redundancy costs
That staff can continue working. primarily to secure new funding
The service users are supported to move on to other servi￿$
We have £251.071 of designated funds [2023:£251.071]. primarily for the purchase of an
additional property to grow the business.
Financial Risks
SGYH is currently dependent on contracts with South Gloucestershire Council and Places
for People to sustain its activities as eamed income from our residents and their housing
benefit alone would not allow SGYH to continue operating.
SGYH operates with one part-time Team Coordinator. one full time Senior Support Worker,
o part time Support Workers, one part time offi￿ Financial Administrator, one part time
Cleaner and one part time Maintenance Person.
Our Plans
Our main aim for the project is to continue with financially stabilising the project and to
expand into further properties either for housing or for training purposes for the
residents.This we all agree needs to be in the local area of Kingswood to ensure we are
able maintain and regulate its functioTb.
The Trustee Board is at pains to ensure the project remains viable for years to come and
are looking at ways to protect the organisation and its assets. taking professional advice to
ensure the use of correct procedures with remaining contracts held and reduction of
staffing.
Page 6

SGYH
structure. Governance and Management
Governing Document
SGYH is a charity and a company limited by guarantee not having any share capital. The
Association's goveming document is its Memorandum and Artides of Association.
SGYH has sought professional legal advice on the right legal structure and goveming
document for the organisation.
Recruitment and Appolntment of Trustees
SGYH is committed to planning continuously for the succession of trustees whose terms of
office are due to end with the year and have Pro￿dureS in place for recruiting and
appointing trustees.
During the year all Trustees have undertaken a skills review showing we a have a vast
amount of knowledge from Support. Housing. Financial. Management. and Recruttment.
Organisational Structure
SGYH has a simple structure appropriate to our relatively small size. A voluntary
Management Committee meets bi-monthly or more frequently if required and attended by
the Team Co-ordinator and as appropriate other staff members and dients.
Day-to-day management of the Association is the responsibility of the employed Team
Coordinator.
Relationships with Related PartSes
Related parties are:
Places for People - Landlords for the property - Park View.
Curo Housing Group- Landlord of the office and the two training flats.
South Gloucestershire Council- Department for Children. Adults and Health ( H.A.T)
who have full nomination rights for all referrals to SGYH.
Members of the Management Committee
Members of the Management Committee. who are directors for the purposes of company
law and trustees for the purposes of charity law. are set out above.
The trustees 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 A￿pted Accounting Practice).
Page 7

SGYH
Charity law requires the trustees to prepare financial slatements for each financial year,
which give a true and fair view of the state of affairs of the charity and of the income and
expenditure of the charity for that period. In preparing these financial statements, the
trustees are required to:
select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP 2015 (FRS 102);
make judgements and estimates that are reasonable and prudent:
state whether applicable UK Accounting Standards have been followed. subject to any
material departures disdosed 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 adequate accounting records that disclose with
reasonable accuracy at any time the financial position of the charity and enable them to
ensure that the financial statements comply with the Charities Act 2011. They are also
responsible forsafeguarding the assets of the charity and hencefortaking reasonable steps
for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware:
there is no relevant information of which the charity's independent examiner is unaware;
and
The trustees have taken all steps that they ought to have tsken to make themselves
aware of any relevant information and to establish that the independent examiner is
aware of that infomiation.
Independent Examiner
Dick Maule was re-appointed as the charitable company's independent examiner during
the year and has expressed his willingness to continue in that capacity.
This report has been prepared in accordance with the Statement of Recommended
Practice: Accounting and Reporting by Charities 'Accounting and Reporting by Charities,
2015 (FRS 102) and in accordance with the special provisions of the Companies Act 2006
relating to small entities.
Approved by the Management Committee on 81h October 2024 and signed on its behalf by:
Cl.Twe
Annette Jones {Chair of the Board of Trustees)
Pa90 8

SGYH
Independent Examinerfs Report to the Trustees of SGYH
I report on the accounls of the company for the year onded 314 March 2024 whlch are sel
out on pages 10 to 1S.
R¢sponsibilitl95 and basis of report
As Ihe charity Iruslees of Ihe company {and also ils directors for the Purposes of company
18w} you are resFonsible for the preparation of the accounts in accordance with Ihe
requirements of the Companies Act 2006 {'Ihe 2006 A¢l')-
Having satisfied mysell thal the accounts ol Ihe Company are not required lo be audited
under Part 16 of the 2006 Act and afe eligible for independent examination, I report in
respect ol my examinalion of your company's accounls as carried out under section 145 of
the Charities Acl 2011 {'Ihe 2011 Acl'}- In carrying oul my examination I have followed the
Direclions given by Ihe Charity Commission undar section 145(5){b) of th8 2011 Act.
Independent examinerf$ statement
Since Ihe company's 9ross income exceeded £250.000 your examiner musl be a member
of a body listed in section 145 of Ihe 2011 ACL I confirm that l am qualified lo undertake the
examination because l am a member of The Institulo of Charlered Accounlants England
and Wale5. which is one of the listed bodies.
have completed my examination. I confirm Ihal no matters have come lo my attention in
eonneclion w¢lh Ihe examination giving me cause lo believe Ihal in any material respecl..
aeeounling records were nol kept in respecl of the company as required by seclion 386
ol Ihe 2006 Acl- or
the accounts do not accord wilh Ihose records.. or
3. the accounls do not comply wlh the accounting requirements of section 396 of the 2006
Act other Ihan any requlrement Ihal the accounts give a 'lrue and f81r which is not
matter consideied as parl of an independent examination.. or
4. Ihe accounts have not been prepared in accordance with the methods and principles of
Ihe Slalemenl of Recommended Practice for accnunting and reporting by chari1ies
lapplicable lo charilies preparing Iheir accounts in actordance wilh the Flnancial
Reporting Standard applicable in lh8 UK and Republic ol Irgland {FRS 102)].
I have no concefns and have come across no other matters in connection wilh the
exarnin81ion lo which allenllon should b8 drawn in Ihis report in order to enable a proper
understanding ol the accounts lo be reached.
Dick Maule FCA
The Cross House
South Woodchesler
GLS SEL
Date.12.11 14
Pa9e 9

SGYH
Statement of FlnJiDclal A¢tivitiEs lincluding Income and Expenditure Aeeountl
for the year ended 31st. March 2024
Unrestsicted
Total
No¢e5
2024
2023
Income
Donations
2,207
4.2
372
Donated services and facilities
4,200
Investment income
Sundry income
6,197
75
1208
10
PFP managcmcni fo¢s
Income from Charitable activities
Ren¢5
Granls and contracts
14580
11.330
127J72
112,073
Total Ineome
220
10
Expenditure
Charitablc activitics
Total Expenditure
Net incomellexpenditurel
{16.144)
(1,240)
Total funds at 1st. April 2023
327 682
Total funds at 31st. March 2024
li

SGYH
Balance Sheet as at 31st. March 2024
2024
2023
Notes
Tangible assets
(2)
Current assets
Debtors and prepayments
Cash at bank and in hand
(31
882
339 982
3.172
331.641
334,813
340.864
Current Ilabllltles
Creditors: amounts falling
due within 12 months
14)
{30,5661
18,3711
Net Current assets/ [Ilabllltles1
310.298
326,442
Net assets
310,298
326.442
Unrestricted Funds
Designated Fund
General Fund5
Total funds
18)
251.071
59.227
310,298
251,071
75,371
326,442
For the year ended 31st March 2024
The company was entitled to the exemption from audit under section 477121
of the Companies Art 2006
The members have not requested the company to obtain an audit
in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requlrements
of the act with respect to accountin8 records and for the preparation of the accounts.
These accounts have been prepared in accordance with the provisions applicable
to companies subject to the Small company regime.
These financial statements were approved by the Trustees on.............
On behalf of the Trustees
dated:. &1, 1i014-.
12

SGYH
Notes to tbe accounts for the eDded 31st. March 21124
{1) PrintipAI AecouDtiDg Polici
The principal accounling policies a¢Jopte(l in the preparalitin of thè financial slatoments are set out
below anil have ￿mained unchanged from the previous year.
la) Ba$1$ ol pr•paratlon
The charity consliiules 8 public banefil 8nlity as defmd by FRS 102. The financial
statements have beon prèpared in accordance with Accounting and Repoityng by Charities:
Stslement of Recommended Praclice applicable lo charibes prgparing their accounls in accordance
wth tha Financial Reporbng Standard app]i￿ble in thg UK and Republ￿ of Ireland {FRS 102) 2nd edition
the Charities Act 2011 and thg Companies Aci 2006.
The finanaal statements have been prepared under the hIst￿l cost convention.
Ib) Fund aeeountlng
lil Unrestricted funds are wdSlable for use at the dis(¥etion of the tW$t￿ in lurlheranco of
th8 general objectives ol the charity.
IlilDeslgnated funds are unrestricted funds eam)8￿¢{l by Management Committee for
particular purwses.
[111] Restricted funds are subjecied lo restrictK>ns on their expen¢Jiture impose(I by the (Jonor
or throu9h Ihe le￿$ of an appe￿.
lel Ineom
Incomo is induded Sn the statement of financial acts¥ilies wthen the ¢harity
is entitled lo the income and the am(yJnt can be quantified with reasonable accuracy. The
fdlowing specific policie5 are applied lo particular categories of income.
lil Income rece5ved by way of grants. donations and gtfts ènrj is induded in lull
in the Ststement of Financial ActswlEs when re¢eNable. Grants. %%there entitlement is not
conditsonal on the delrvery of a specific perforrnance by th& ¢haiity. aw reetsanised vknen
the charity becomes un¢onditKJnally entbtted to the grant.
lill Donated services and fatilrtbes are induded at the value to the charity %s*ere this can bts
quant¢fied.
liiilThe value of pthded by volunteers has nol been wKluded in these att))unts.
livl Investment income is inc4uded when ￿ceivable.
Ivllncome from charitable trading a¢lNity are accounted forvknen eamed.
lw11r￿rne from grants. %there retated to perfomanee and specific delsverables.
are accounted for as the charity eams the right to c￿￿KIer&I1oft by its perfomarKe.
(dl Exponditur•
Expenditure is recogni5ed on an accrual basi$ a$ a Ilablty is in￿rred. Eypendilure Thludes
any VAT which cannot be fully re¢ovew
lilcosts of generating funds comprise the ￿sts associated %bilh attracllng volunlary
income and the costs of trading for fvndraising purw)se&
lill Charitsble expenditure comprises those costs in￿rTed by the ¢h*ity in the delivery of
it$ activiti&s and Sèmces for its benefioaries. 11 indudes both costs thal ¢an bo #llo¢atèd
directty lo such aCti￿tieS and Ihose costs of an indirect natuw necessary lo Sup￿ them
liiilAII costs are allocated belween Ihe e4)endibJre caiegories of the SOFA on a ba3iS
designed to reflect thtr of the resoU￿e. Cosls relating to a parttojlar aC￿ty a
allocated direcuy. Othe￿ are apportioned on an appropriate basis.
13

SGYH
Notes to the accounts for the year ended 315t. March 2024
(l) Prln¢ipal Ac£ountiDg Poli¢ies
(e) Fixed Assets
Fix¢d Isscts are written otTover the expecled useful life of the asseL using
the straight line method at betwttn 20Q/• and 50% per anDUllL
Compulers are writl¢n off in the year of 3CqUlSitio
li¢ms ¢osling under £500 are not capitalised.
In order to comply with SORP 2015 the property is being depreciated at 2Y• p.a..
12} Flxed Assets
Tangible
Fumiture &
Equipment
Cost
Balance brought forward
Increase in asset valuation
27,622
27,622
Depreciation
Balance brought forward
charge for the year
27.622
27.622
Net bookvalue at31st. March 2024
Net book value at 31st. March 2023
(3) Debtors
2024
2023
Prepayment5
Sundry debtor5
882
3.172
3,172
882
(4> tseditors: amounts falling due wlthin 12 months
Accounts payable
Sundry creditors and accruals
1.873
28.693
30.566
1,793
6,578
8,371
14

5GYH
Notes to the accounts forthe year ended 31st. March 2024
(S) Expenditure
2024
2023
Landlord fees
Recruitment
Cleaning
Renewa15 and rnaintenance
Office rent
Salaries
Light and heat
Rates and water
Office phone
Non capitalised equipment
Gardening
Security
Office refreshments
Travel and motor vehicle
TV licence and contracts
57.602
389
1.763
4,224
4.200
125.207
12.406
4.543
10.105
11.143
2,442
3,103
17
803
477
44.761
838
1,573
10,403
4.200
103.654
12.026
4.291
7.617
7,568
1,578
2,991
162
1.440
477
Insurance
Sundry
Print, post and statlonery
Trustees expenses
Training
Independent examiner's fees
Computer and IT
Consultsncy. legal and professional
Subscriptions and publications
Bank charges
5.513
1,347
4,449
85
2,792
99S
4,412
4.885
4.51)J
182
4,829
983
4,369
348
349
975
2,593
3,577
247
267,584
221,850
16) Analysis of net assets between funds
General
Funds
De51gnated
Funds
Total
Tangible fixed assets
Current assets
Current liabilities
89,793
{30.5661
251,071
340.864
130.5661
Net assets at 31st March 2024
59.227
251.071
310,298
15

SGYH
Notes to the accounts forthe year ended 31sL March 2024
171 Employee informatlon
2024
2023
Average number of staff employed in the year [includes part timej
No employee received emoluments of more than £60.000.
The average weekly number of employees during the year were calculated on
the average monthly head count.
Salaries and wages
Pensions
Social security costs
118,332
2.358
4.517
125,207
The key management personnel of the tharity tomprise the trustees. the Team Leader and the
financial officer.The total employment benefit of the key management personnel was £57.909.
12024-£45.7211.
99,978
1,723
1.953
103,654
181 Movements In funds
Opening
Balance
Carried
Forward
Intome
Expenditu￿ Trdnsfers
Designated Fund
Property Reserve
Residents Fund
250.000
1,071
251.071
75,371
326,442
250,000
1,071
251,071
59,227
310,298
General funds
251.440
251.440
1267,584}
1267,584)
Movements In funds-previous year
Opening
Balance
Carried
Forward
Income
Expenditure Transfers
Designated Fund
Property Reserve
Residents Fund
250,000
1,233
251,233
76.449
327.682
250,000
1,071
251,071
75.371
326.442
11621
11621
162
General funds
220.610
220.610
{221,8501
{221.8501
191 Trustees
The tru5tee5 received no expenses or emoluments in the year.
16