SGYH
(A Company Limited by Guarantee)
Report and Financial Statements for the year ended
31 March 2025
Charity number: 298777
Company number%ry2060534
SGYH
Contents
Page
1 Report of the management Committee
Reference and administrative information
Objectives and aims
Achievements and performance
Financial review
Structure, governance and management
2 Independent examinerfs report
3 Ststement of financial activities
10
4 Balance sheet
11
5 Notes forming part of the financial statements
12-15
Page 1

SGYH
Report of the Management Committee
for the year ended 31 March 2025
The Management Committee presented its directors, report and independently examined
financial statements for the year ended 31 March 2025.
Management Trustees As at 31st March 2025
Annette Jones
Chair
Christine Howard Vice chair
Janet Biggins
Secretary
Richard Gilpin
Treasurer
Jason Ellis
Christian Abbott
Served all year
Served all year
Served part of year
Served all year
Served all year
Served all year
Served for part of the year
Administrative Information
Charity Name:
SGYH
Charity registration number:
298777
Company registration number: 02060534
Registered Offi￿.
71 High Street, Kingswood, Bristol, BS15 4AD
Team Coordlnator
Amanda Osborne
Secretary
Janet Biggins
Independent Examlner
Dick Maule FCA, The Cross House, South Woodchester, GL5 SEL
Bankers
The Cowoperative Bank plc, PO Box 101, 1 Balloon Street, Manchester, M60 4EP.
Page 2

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 maintsin independent accommodation..
SGYH operates in Kingswood, South Gloucestershire.
Summary of our Main Actlvlties
SGYH provides an intensive housing management service for single and at risk 18 to 24
year-old young people in temporary, shared independent accommodation, with the
addition of two training flats for care leavers from the age of 16 - 24 yrs old.
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 which are used for Care leaver aged 16
onwards.
Park Wiew: A ten-room shared house providing temporary stable accommodation for
18-24 year olds.
Tralnlng 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 31st July 2024 the training flats gained their
registration from Otsted.
Public Benefit
Our services deliver public benefit by working closely with the local authority, NHS, Police
and mentors 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 received from South Gloucestershire
Council.
Page 3

SGYH
Achievements and Performance
Who Used and Benefited from Our Actlvities?
SGYH supports 16 to 24 year olds in South Gloucestershire, many of which were
homeless, refugees, young people with mental health issues and care leavers.
Use of the Project
During March 2024 to April 2025 we had 32 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 the 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, encouraging our young people to look at private renting.
We have completed the redecoration and refurbished each of the rooms within the
hostel and have also redecorated most of the communal areas
We have refurbished the training flats to ensure their suitability for continued use.
We have completed 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 partner's requirements.
Repalrs and upgrades
We continue to employ a part time Maintenance person for the general work needed to be
completed. This continues to improve our tum-around of each room as they become
available. It also helps greatly with any slight emergency maintenance issues, which we
are able to rectify quickly without any problem.
Equal opportunities
SGYH provides a service that is accessed by all those in the community. We consider
race, 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 essential in
promoting young people and adults, welfare.
Page 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 finances, 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
good relationship with their family is a major factor in a young person's Ilfe 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 worklcollege. fund study books, clothing for interviews etc. These
are items not covered by other funding, but are vital to help young people move on in their
lives and feel respected and part of the community.
We are grateful for the following support during the year:
Kingswood Town CounGiI
Abbey Electrical
Martin Crips
Mrs Beryl Osborne
Lisa HOOK
Kate and Rich Caines.
Food donations:
Lidl - Kingswood
Page 5

SGYH
Financial Review
The result for the year was a surplusl(deficit on £293 (2024 {16,144). Our turnover
increased to £276,451 from £251.440 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 % )
Princlpal Fundlng Sources
Our key sources 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 housing management allowances from Places for People
for providing housing management services for Park View, Kingswood.
Reserves
SGYH has a policy to retain sufficient 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 main concerns 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 services
We have £251,026 of designated funds [2024:£251,071], primarily for the purchase of an
additional propety to grow the business.
Flnancial Risks
SGYH is currently dependent on contracts with South Gloucestershire Council and Places
for People to sustain its activities as earned income from its 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, two part time Support Workers, one part time Office 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 function.
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 governing document is its Memorandum and Articles of Association.
SGYH has sought professional legal advice on the right legal structure and governing
document for the organisation.
Recrultment and Appointment of Trustees
SGYH is committed to planning continuously for the succession of trustees whose tenns
of office are due to end with the year and have procedures in place for recruiting and
appointing trustees.
During the year all Trustees have undertaken a skills review showing we have a vast
amount of knowledge from Support. Housing, Financial, Management, and Recruitment.
Organisatlonal 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 clients.
Day-to-day management of the Association is the responsibility of the employed Team
Coordinator, who liaises regularly with the Chairperson.
Relatlonships with Related Parties
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
{ HRS) 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 Accepted Accounting Practice).
Page 7

SGYH
Charity law requires the trustees to prepare financial statements for each financial year,
which give a true and fair view of the state of affairs of the 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 disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate
to presume that the charity will continue in operation.
The trustees are responsible for keeping 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 ststements comply with the Charities Act 2011. They are also
responsible for safeguarding the assets of the charity and hence for taking 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 taken to make themselves
aware of any relevant information and to establish that the independent examiner is
aware of that information.
Independent Examlner
Dick Maule was re-appointed as the charitable companws 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 2nd September 2025 and signed on its
behalf by:
Annette Jones (Chair of the Board of Trustees)
Page 8

SGYH
Independent Examlnerfs Report to the Trustees of SGYH
I report on the accounts of the company for the year ended 3181 March 2025 which are set
out on pages 10 to 15.
Responslbllltles and basls of report
As the charity Irustees of the company (and also Its dlrectors for the purposes of company
law) you are responsible for the preparallon of the accounts in accordance with the
requlrements of the Companles Act 2006 ('the 2006 Act,).
Having satisfied myself that the accounts of the company are not required to bp audited
under Part 16 of the 2006 Act and are eliglble for Independent exarnination, I report in
rèspect of my examlnatlon of your company's accounts as carrfed out undar section 145
of the Charlties Acl 2011 {'Ihe 2011 Act,). In carrylng out my examln8tion I have followed
the Directions given by the Charity Commlsslon under Section 145(6)(b) of the 2011 Act.
Independent examlnerfs statemént
Slnce the company's gross Income exceeded £250,000 your axaminer must be a member
of a body listed In section 145 of the 2011 Act. I confirm that l am qualif18d to undertake
th8 examlnatlon because l am a member of The Inslllute of Chartered AGcountants
England and Wales, which is one of the listed bodles.
I have completed my examination. I confirm that no mattars have come to my attention In
connectlon wlth the examinatlon glvlng me cause to believe that In any rnaterlal respect:
accountlng records were not kept in respect of the company as required by sectlon
386 of the 2006 Act; or
2. tho accounts do not accord wlth those records" or
3. the accounts do not comply wlth the accountlng requlrements of sectlon 396 of the
2006 Act other than any requiremenl that the accounts glve a 'true and falr vl8W'
which is not a matter consldered as part of an Independent examlnatlon; or
4. the accounts have not been prepared In accordance wlth the melhod8 and prlnclples
of the Statement of Recommended Practice for accounting and ￿porting by charltles
[applicable to charities preparlng thelr accounts in accordance wilh Ihe Financlal
Reporting Standard appllcable in the UK and Republlc of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the
examinatlon to whlch altentlon should be drawn In thls report In order lo enable a prop8r
understandlng of the accounts to be reached.
Dick Maul6 FCA
The Cross House
South Woodchester
GL5 SEL
l)LoI rlo,IL
Signature:.
IE_ L(g-15
Pag? 9

SGYH
Statement of Finxnclal Activities lineluding Ineome and Expenditure A¢countl
for the year ended 31st. MarLh 2025
UDrestrict¢d
Funds
Total
Notes
2025
2024
Income
Donations
1,189
4.200
2.207
4,200
Donated services and facilities
Investment income
Sundry income
10,201
6,197
75
PFP management fees
Income from charitable activities
Rents
Grants and contracts
15,563
14,580
142,542
102 757
127,372
Total Income
276 451
Expenditure
Charitable activities
276 158
267 584
Total Expendfiture
276 158
267 584
Net incomel[expendxturel
293
(16,144)
Total fund5 at 1st. April 2024
310298
Total funds at 31st. March 2025
io

SGYH
Balance Sheet as at 31st. March 2025
2025
2024
Notes
Tangible assets
12)
Current assets
Debtors and prepayments
Cash at bank and in hand
13)
15,154
306 564
882
339,982
340,864
321,717
Current liabilities
Creditors: amount5 falling
due within 12 months
(4}
{11,126)
130,566)
Net Current assets/ [liabilitiesJ
310,591
310,298
Net assets
310,591
310,298
Unrestricted Funds
Designated Fund
General Funds
Total funds
(8)
251,036
59,555
310,591
251,071
59,227
310,298
For the year ended 31st March 2025
The company was entitled to the exemption from audit under section 477[2]
of the Companies Act 2006
The members have not requested the company to obtain an audit
in accordance with section 476 0* the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements
of the act with respect to accounting 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:.
11

SGYH
Notes to the accounts for the yoar ended 31st. March 202S
(l) Principal Accounting Policies
Th8 princlpal accounting policies adopted in the praparation of the financial statements are set out
below and have remained unchanged from the previous y8ar.
(a) Basis of preparation
The charity constitutes a public bènefit entity as defined by FRS 102. The financial
statements have been prepared in accordance with Accounting and Reportlng by Charlties..
ststement of Recommended Practice applicable to charities preparing their accounts in accordance
with the Financial R8POrting Standard applicable in the UK and Republlc of Ireland {FRS 102) 2nd edition
the Chartties AGt 2011 and the Companies Act 2006.
The financial statements hava been prepared under the historlcal cost convention.
(b) Fund accounting
UnreslriGted funds are availablè for use at the discretion of the trustees In furtherance of
the general objectives of the charity.
liilDesignated funds are unrestricted funds eannarked by the Management Commlttee for
particular purposes.
[111] Restrtcted fLtnds are subjected to restrictions on their expenditure imposed by the donor
or through the tsms of an appeal.
(cl Income
Incoma Is included in the statement of financial activities when the charity
is entitled to the income and the amount can be quantified wtth reasonable accurdcy. The
following specific pollcies are applied lo particular categories of income.
li] Income received by way of grants, donalions and gifts and is included in full
in the Statemènt of Financial Activities when receivable. Grants, where Éntitlement is not
conditional on the dèllvery of a specific performanc8 by the charity, are recognlsed when
the charity becomes uncondrtionally entitled to the grant.
[111 Donaled services and facilities are includ8d at the value to the charity where this can be
quantrfied.
liJThe value of seNl¢es provlded by voluntoers has not been included in these accounts.
livl Investment income is included when rec8lvable.
Ivllncome from charitable trading activity are accounted for when 6amod.
Ivillncome from grants, where related to performance and specific deliverables,
are accounted for as the charity earns the right to consideration by Its performance.
Id) Expendlturg
Expenditure Is recognised on an accrual basis as a liability is incurred. Expenditur& includes
any VAT which cannot be fully recovered
11]Costs of genera￿ng funds comprise the costs aswciated with attracting voluntary
income and the costs of tradlng for fundraising purposes.
rii] Charitable expenditure comprise5 those costs incurred by the charity In the delivery of
its actlvlt18s and servlces for Its beneficiaries. It includes both costs that Can be allocated
dlrectly to such acllvilles and those costs of an indirect nature necessary to support them
IllilAII costs are allocated between the expenditure categories of the SOFA on a basis
designed to r6f18Ct the use of the rasource. Costs relating to a partlcular actlvity are
allocated directly, others are apportioned on an appropriate basis.
12

SGYH
Notes to the accounts for tbe year ended 31st. March 2025
(l) Principal Accountlng Policies
(e) Fixed assets
Fixed assets are written off over the expected useful life of the asset. using
the straight line method at between 201 and 50% per annum.
Computers arc written off in the year of acquisition.
Items costing under £500 are not capitalised.
In order to comply with SORP 2015 the propety is being depreciated at 2 % p.a..
{2) Fixed Assets
Tangible
Furniture &
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 book value at 31st. March 2025
Net book value at 31st. March 2024
{3) Debtors
2025
2024
Prepayments
Sundry debtors
15,154
15,154
882
882
(4) Creditors: amounts falling due within 12 months
Accounts payable
Sundry creditors and accruals
6,422
4,704
11,126
1,873
28,693
30,566
13

SGYH
Notes to the accounts for the year ended 31st. March 2025
(5) Expenditure
2025
2024
Landlord fees
Recruitment
Cleaning
Renewals and maintenance
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
61,996
208
1,662
4,587
4,200
134,341
15,025
4,425
9,621
7,828
2,269
6,283
35
904
512
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
Insurance
Sundry
Print, post and stationery
Trustees expense5
Training
Independent examiner's fees
Computer and IT
Consultancyi legal and professional
Refreshments
Subscriptlons and publications
Bank charges
6,898
1,026
4,928
34
1,838
995
2,864
3,564
14
5,513
1,347
4,449
85
2,792
995
4,412
4,885
4,500
182
104
276,158
267,584
(6) Analysis of net assets between funds
General
Funds
Designated
Funds
Total
Tangible fixed assets
Current assets
Current liabi lities
70,681
111,1261
251,036
321,717
{11,126)
Net assets at 31st March 2025
59,555
251,036
310,591
14

SGYH
Notes to the accounts for the year ended 31st. March 2025
(7) Employee informatlon
2025
2024
Average number of staff employed in the year [includes part time]
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
126,533
2,570
5,238
134,341
The key management personnel of the charity comprise the trustees, the Team Leader and the
financial officer.The total employment benefit of the key management personnel was £63,639.
12024:£57,5091.
118,332
2,358
4,517
125,207
(8) Movements in funds
Opening
Balance
Carried
Forward
Income
Expenditure Transfers
Designated Fund
Property Reserve
Residents Fund
250,000
1,071
251,071
59,227
310,298
250,000
1,036
251,036
59,555
310,591
(35)
(351
35
General funds
276,451
276,451
(276,158)
{276,158)
Movements in funds-previous year
Opening
Balance
Carried
Forward
Income
Expenditure Transfers
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
(267,584}
(267,584)
(9) Trustees
The trustees received no expenses or emoluments in the year.
15