**REGISTERED COMPANY NUMBER: 02235097 (England and Wales) REGISTERED CHARITY NUMBER: 298984**
## **REPORT OF THE TRUSTEES AND**
**FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **FOR**
## **YOUNG CONCERN TRUST**
Marsh Solutions Limited 82 Berechurch Hall Road Colchester Essex CO2 8RF
**YOUNG CONCERN TRUST**
## **CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 March 2025**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 4|
|**Independent Examiner's Report**|5|
|**Statement of Financial Activities**|6|
|**Balance Sheet**|7 to 8|
|**Cash Flow Statement**|9|
|**Notes to the Financial Statements**|10 to 17|
|**Detailed Statement of Financial Activities**|18 to 19|
**YOUNG CONCERN TRUST**
## **REPORT OF THE TRUSTEES for the year ended 31 March 2025**
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 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 Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
To promote the care and protection of the mental health and welfare of young persons who are in need of such care and attention by the provision or assistance in the provision of counselling, educational activities and therapeutic and related services.
## **Public benefit**
The Trustees of YCT take due regard to the requirement that the charity operates in ways that provide public benefit. Trustees are aware of the guidance around public benefit and take it into account when making decisions to which that guidance is relevant.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
The Trust's core staff team is based at YCT House in Harlow, YCT's purpose-designed premises from where many of the team operate and where some therapeutic input is delivered.
A large team of specialist self-employed therapists work on YCT's behalf in a range of locations across Essex and Hertfordshire. The Trust's work is delivered through a range of therapeutic models assessed as being relevant to the particular client or client group. Nationally accredited tools are used to measure the impact of YCT's services; they and anecdotal feedback from YCT's stakeholders, demonstrate the beneficial outcomes of YCT's interventions. Early intervention in emotional and mental health issues, such as those provided by YCT, can prevent the escalation of more serious conditions, ensuring better outcomes for children and young people and saving the public purse the cost of more expensive and time-consuming treatments. In addition to individual one-to-one counselling, YCT provides some group work with parents, children and young people. Amongst other factors, YCT monitors presenting issues, local need, youth culture, government initiatives etc. in order to ensure that its current and future services are appropriate, beneficial and part of the overall 'offer' to children and young people.
During 2024/25 the number of clients supported by YCT was 1,288 through the delivery 12,531 sessions of therapeutic input; this was a marginal increase of 41 clinical hours on the previous year. YCT also supported children, young people and their families through the provision of group sessions which were attended by 108 people.
Play Therapy for children aged 5-10 years continued to be in particularly high demand, with a waiting list longer than we would have wished. However, after a successful funding bid from the National Lottery, we were able to alter the premises to create a second Play Therapy room and employ a second play therapist to tackle the high demand. There have been several changes in staff this year, but we have worked hard to ensure the key positions have been properly supported. A significant contract with Hertfordshire County council was due to expire at the end of the financial year, so a major task for the year ahead will be to seek new contracts and develop new funding streams.
Page 1
**YOUNG CONCERN TRUST**
## **REPORT OF THE TRUSTEES for the year ended 31 March 2025**
## **FINANCIAL REVIEW**
## **Financial position**
YCT remains in a sound financial position despite the financial year ending with a £104 000 deficit. However, healthy Reserves have enabled us to respond to the challenges experienced such as improving the premises, investing in the development of a new website, and supporting key recruitment including seeking a new CEO.
YCT has continued to work toward achieving its 5-year Strategic Plan, working to the targets set which are reviewed every 6 months. The aim remains for growth, diversification and the development of existing and further services to meet increased need, in line with the organisation's charitable objectives.
## **Principal funding sources**
The YCT Board continues to be appreciative of those who fund or commission YCT's services and of its loyal, committed, and flexible staff team, volunteers, and self-employed therapists.
## **Reserves policy**
The Trustees of YCT recognise that funds gained by the charity are to be used for the public benefit and should not be held back or kept in reserve without good cause.
YCT holds reserves as follow:
Fiscal Responsibility Fund: Once per quarter Trustees consider and approve a sum of money needed to shut the charity down effectively if such circumstances were forced upon it.
In order to support the sustainability and long-term development of YCT the Trustees also hold funds based on a) development of the organisation b) sustainability of the organisation and c) future building and accommodation needs. o Development Fund £50,000 o Sustainability Fund £40,904 o Premises Fund £100,000 o Fiscal Responsibility Fund £113,689
The Trustees believe that YCT is in a sound financial situation with a broad funding base and with an ability to effectively react to changing circumstances
## **Going concern**
The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.
## **STRUCTURE, GOVERNANCE AND 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 Trust is governed by its Memorandum and Articles of Association.
Page 2
**YOUNG CONCERN TRUST**
## **REPORT OF THE TRUSTEES for the year ended 31 March 2025**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Organisational structure**
Responsibility for YCT's operation lies with the Board of Management which meets at regular intervals throughout the year. The role of the Management Board is to set the strategic direction of the organisation; oversee its finances; ensure compliance with all relevant guidance and legislation; have in place up to date policies and procedures relevant to the staff, self-employed therapists and volunteers and the organisation's function; and to give advice and support in specialist areas.
The Management Board regularly reviews its Reserve Fund, ensuring that this equates to an amount needed to adequately close the organisation down should circumstances made that necessary.
## **Decision making**
Regular reports to the Board of Management, including feedback on the results of tools used to measure the impact of the various pieces of work delivered by the organisation, allow the Board to ensure that the work delivered by YCT continues to support its charitable objectives.
This year, significant time has, and is, being spent by the Board of Trustees on familiarising itself with the Charity Commission's Governance Code to ensure full compliance, that best practise is being attained on all 7 Principles, and that YCT's legal and regulatory responsibilities are being achieved.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number**
02235097 (England and Wales)
## **Registered Charity number**
298984
## **Registered office**
YCT House Maddox Road Harlow Essex CM20 3GA
## **Trustees**
J H Miles - Chair N Frost - Vice Chair C J Liggins - Treasurer (resigned 20.3.25) N Varnam - Company Secretary A Linton M Ingall L Collins (resigned 17.3.25) S Fulbrook (resigned 18.3.25) S Seales (resigned 1.4.24)
## **Independent Examiner**
Christopher Marsh FMAAT Marsh Solutions Limited 82 Berechurch Hall Road Colchester Essex CO2 8RF
Page 3
**YOUNG CONCERN TRUST**
## **REPORT OF THE TRUSTEES for the year ended 31 March 2025**
## **REFERENCE AND ADMINISTRATIVE DETAILS Solicitors**
Attwater Jameson & Hill Rothwell House West Square The High Harlow, Essex CM20 1LQ
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
03/12/2025 Approved by order of the board of trustees on ............................................. and signed on its behalf by:
## J Miles
J Miles (Dec 3, 2025 14:45:25 GMT)
.................................................................... J H Miles - Trustee
Page 4
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF YOUNG CONCERN TRUST**
## **Independent examiner's report to the trustees of Young Concern Trust ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Accounting Technicians, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## OusS>
Christopher Marsh FMAAT
The Association of Accounting Technicians
Marsh Solutions Limited 82 Berechurch Hall Road Colchester Essex CO2 8RF 03/12/2025 Date: .............................................
Page 5
**YOUNG CONCERN TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2025**
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
17,571
**Charitable activities**
4
General charitable activities
591,890
Investment income
3
7,752
Other income
1,315
**Total**
618,528
**EXPENDITURE ON**
Raising funds
5
22,524
**Charitable activities**
6
General charitable activities
689,462
**Total**
711,986
**NET INCOME/(EXPENDITURE)**
(93,458)
**RECONCILIATION OF FUNDS**
Total funds brought forward
418,052
**TOTAL FUNDS CARRIED FORWARD**
324,594|Restricted
funds
£
41,324
57,160
-
-
98,484
-
109,124
109,124
(10,640)
20,831
10,191|31.3.25
Total
funds
£
58,895
649,050
7,752
1,315
717,012
22,524
798,586
821,110
(104,098)
438,883
334,785|31.3.24
Total
funds
£
65,437
557,005
8,088
3,900
634,430
19,526
608,096
627,622
6,808
432,075
438,883|
|---|---|---|---|
## **CONTINUING OPERATIONS**
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
Page 6
**YOUNG CONCERN TRUST**
## **BALANCE SHEET 31 March 2025**
|Unrestricted
funds
Notes
£
**FIXED ASSETS**
Tangible assets
12
9,085
**CURRENT ASSETS**
Debtors
13
56,926
Cash at bank and in hand
368,763
425,689
**CREDITORS**
Amounts falling due within one year
14
(110,180)
**NET CURRENT ASSETS**
315,509
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
324,594
**NET ASSETS**
324,594
**FUNDS**
15
Unrestricted funds:
General fund
Fiscal Responsibility fund
Premises fund
Sustainability fund
Development fund
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
10,191
-
-
-
-
-
10,191
10,191|31.3.25
Total
funds
£
19,276
56,926
368,763
425,689
(110,180)
315,509
334,785
334,785
1
133,689
100,000
40,904
50,000
324,594
10,191
334,785|31.3.24
Total
funds
£
31,668
64,357
426,710
491,067
(83,852)
407,215
438,883
438,883
84,728
133,689
100,000
49,635
50,000
418,052
20,831
438,883|
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 7
**YOUNG CONCERN TRUST**
## **BALANCE SHEET - continued 31 March 2025**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 03/12/2025
## J Miles
J Miles (Dec 3, 2025 14:45:25 GMT)
.............................................
J H Miles - Trustee
The notes form part of these financial statements
Page 8
**YOUNG CONCERN TRUST**
## **CASH FLOW STATEMENT for the year ended 31 March 2025**
|Notes
**Cash flows from operating activities**
Cash generated from operations
17
Net cash used in operating activities
**Cash flows from investing activities**
Purchase of tangible fixed assets
Interest received
Net cash provided by/(used in) investing activities
**Change in cash and cash equivalents in**
**the reporting period**
**Cash and cash equivalents at the**
**beginning of the reporting period**
**Cash and cash equivalents at the end of**
**the reporting period**|31.3.25
£
(65,199)
(65,199)
(500)
7,752
7,252
(57,947)
426,710
368,763|31.3.24
£
(80,829)
(80,829)
(8,824)
8,088
(736)
(81,565)
508,275
426,710|
|---|---|---|
The notes form part of these financial statements
Page 9
**YOUNG CONCERN TRUST**
**NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2025**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements and assessment of going concern**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.
The financial statements are presented in £, Pound Sterling
## **Income**
Income from non-contractual services is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Income from contractual services is recognised in the accounting period to which it relates with any balance being deferred.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - Straight line over 15 years Fixtures and fittings - Straight line over 3 years
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Debtors**
Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid.
## **Cash at bank and in hand**
Cash at bank and in hand includes cash, current bank accounts and deposit bank accounts with no withdrawal limitations.
## **Creditors**
Creditors are recognised where then charity has a present obligation resulting from a past event that will result in the transfer of funds to a third party and the amount
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
continued...
Page 10
**YOUNG CONCERN TRUST**
**NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2025**
## **1. ACCOUNTING POLICIES - continued**
## **Fund accounting**
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **2. DONATIONS AND LEGACIES**
|**DONATIONS AND LEGACIES**|||
|---|---|---|
||31.3.25|31.3.24|
||£|£|
|Donations|17,571|16,426|
|Grants|41,324|49,011|
||58,895|65,437|
|Grants received, included in the above, are as follows:|||
||31.3.25|31.3.24|
||£|£|
|Cash 4 Kids|1,500|-|
|Charles S French Charitable Trust|-|4,001|
|Diana Kemp Welch Award|5,000|9,999|
|Essex Community Foundation|6,000|9,000|
|Evelyn May Charitable Trust|-|2,630|
|Fowler Smith & Jones Trust|-|1,500|
|Goodman Foundation|2,500|-|
|Public Health Grant|3,000|-|
|R S Brownless Charitable Trust|-|200|
|SBS Charitable Foundation|1,000|-|
|Shanly Foundation|-|2,500|
|Tesco|375|1,125|
|The Grace Trust|1,000|-|
|The Kelly Family Trust|-|4,734|
|Other Grants|20,949|13,322|
||41,324|49,011|
continued...
Page 11
**YOUNG CONCERN TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued**
## **for the year ended 31 March 2025**
|**3.**
**INVESTMENT INCOME**
Deposit account interest
**4.**
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
Grants
General charitable activities
Counselling Income
General charitable activities
Training Income
General charitable activities
Project income
General charitable activities
Grants received, included in the above, are as follows:
Essex County Council - Youth Services
Harlow District Council - Partnership Grant
The National Lottery
**5.**
**RAISING FUNDS**
**Raising donations and legacies**
Staff costs
**6.**
**CHARITABLE ACTIVITIES COSTS**
General charitable activities|Direct
Costs
£
764,289|31.3.25
£
7,752
31.3.25
£
57,660
590,890
-
500
649,050
31.3.25
£
499
9,158
48,003
57,660
31.3.25
£
22,524
Support
costs (see
note 7)
£
34,297|31.3.24
£
8,088
31.3.24
£
12,580
543,005
420
1,000
557,005
31.3.24
£
500
12,080
-
12,580
31.3.24
£
19,526
Totals
£
798,586|
|---|---|---|---|
continued...
Page 12
**YOUNG CONCERN TRUST**
**NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2025**
## **7. SUPPORT COSTS**
|**SUPPORT COSTS**||
|---|---|
||Governance|
||costs|
||£|
|General charitable activities|34,297|
## **8. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
||31.3.25|31.3.24|
|---|---|---|
||£|£|
|Depreciation - owned assets|12,892|15,048|
|Independent Examination|1,345|1,345|
## **9. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
## **10. STAFF COSTS**
The average monthly number of employees during the year was as follows:
|
All staff
No employees received emoluments in excess of £60,000.
Wages and salaries
Therapists
Other pension costs|31.3.25
10
31.3.25
**£**
338,023
323,035
12,398
673,456|31.3.24
8
31.3.24
**£**
294,481
234,294
10,244|
|---|---|---|
|||539,019|
## **Key Management**
The trustees consider the role of Key Management to be those of CEO. During the year the Key Management received remuneration of £53,026 of Gross Wages, £2,133 of Pension Contributions and incurred £6,062 of Employers National Insurance contributions (2024: Remuneration of £51,537 of Gross Wages, £2,197 of Pension Contributions and incurred £4,889 of Employers National Insurance contributions.)
continued...
Page 13
**YOUNG CONCERN TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2025**
|**11.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
22,717
**Charitable activities**
General charitable activities
544,925
Investment income
8,088
Other income
3,900
**Total**
579,630
**EXPENDITURE ON**
Raising funds
19,526
**Charitable activities**
General charitable activities
551,211
**Total**
570,737
**NET INCOME/(EXPENDITURE)**
8,893
**RECONCILIATION OF FUNDS**
Total funds brought forward
409,159
**TOTAL FUNDS CARRIED FORWARD**
418,052
**12.**
**TANGIBLE FIXED ASSETS**
Freehold
property
£
**COST**
At 1 April 2024
159,595
Additions
-
At 31 March 2025
159,595
**DEPRECIATION**
At 1 April 2024
130,407
Charge for year
10,640
At 31 March 2025
141,047
**NET BOOK VALUE**
At 31 March 2025
18,548
At 31 March 2024
29,188||Restricted
funds
£
42,720
12,080
-
-
54,800
-
56,885
56,885
(2,085)
22,916
20,831
Fixtures
and
fittings
£
32,082
500
32,582
29,602
2,252
31,854
728
2,480|Total
funds
£
65,437
557,005
8,088
3,900
634,430
19,526
608,096
627,622
6,808
432,075
438,883
Totals
£
191,677
500
192,177
160,009
12,892
172,901
19,276
31,668|
|---|---|---|---|
|||||
|||||
|||||
|||||
|||||
continued...
Page 14
**YOUNG CONCERN TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2025**
## **13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Trade debtors
Prepayments
**14.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Social security and other taxes
Other creditors
Accruals and deferred income
Accrued expenses|31.3.25
£
50,807
6,119
56,926
31.3.25
£
11,889
5,152
1,331
59,491
32,317
110,180|31.3.24
£
60,143
4,214
64,357
31.3.24
£
10,434
6,866
1,341
47,711
17,500
83,852|
|---|---|---|
The balance of deferred income relates to multi-year or non-coterminous contractual grants for counselling services as per the accounting policy set out in note 1.
## **15. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General fund
Fiscal Responsibility fund
Premises fund
Sustainability fund
Development fund
**Restricted funds**
YCT Property Fund
**TOTAL FUNDS**|At 1.4.24
£
84,728
133,689
100,000
49,635
50,000
418,052
20,831
438,883|Net
movement
in funds
£
(93,458)
-
-
-
-
(93,458)
(10,640)
(104,098)|Transfers
between
funds
£
8,731
-
-
(8,731)
-
-
-
-|At
31.3.25
£
1
133,689
100,000
40,904
50,000
324,594
10,191
334,785|
|---|---|---|---|---|
continued...
Page 15
**YOUNG CONCERN TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2025**
## **15. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|Incoming
resources
£
**Unrestricted funds**
General fund
618,528
**Restricted funds**
YCT Property Fund
-
Counselling Funds
98,484
98,484
**TOTAL FUNDS**
717,012
**Comparatives for movement in funds**
Net
movement
At 1.4.23
in funds
£
£
**Unrestricted funds**
General fund
126,178
8,893
Fiscal Responsibility fund
83,346
-
Premises fund
100,000
-
Sustainability fund
49,635
-
Development fund
50,000
-
409,159
8,893
**Restricted funds**
YCT Property Fund
22,916
(2,085)
**TOTAL FUNDS**
432,075
6,808
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
579,630
**Restricted funds**
YCT Property Fund
-
Counselling Funds
54,800
54,800
**TOTAL FUNDS**
634,430|Resources
Movement
expended
in funds
£
£
(711,986)
(93,458)
(10,640)
(10,640)
(98,484)
-
(109,124)
(10,640)
(821,110)
(104,098)
Transfers
between
At
funds
31.3.24
£
£
(50,343)
84,728
50,343
133,689
-
100,000
-
49,635
-
50,000
-
418,052
-
20,831
-
438,883
Resources
Movement
expended
in funds
£
£
(570,737)
8,893
(2,085)
(2,085)
(54,800)
-
(56,885)
(2,085)
(627,622)
6,808|
|---|---|
continued...
Page 16
**YOUNG CONCERN TRUST**
**NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2025**
## **15. MOVEMENT IN FUNDS - continued**
The fiscal responsibility fund is a reserve fund designated by the directors in order to protect against any sudden loss of income. The amount of reserves is set so as to enable the company to meet all staff redundancy costs plus a provision for legal costs associated with the winding up of the organisation.
The Premises Fund was designated by the Directors to provide for any future large scale refurbishment or repair work.
The Sustainability Fund was designated by the Directors to support core costs of the organisation during a period of significant transition.
The Development Fund was designated by the Directors as a provision for the future development of the organisation with a view of generating increased income streams in order to add further stability.
Essex Educational and Community Settings fund is for the restricted income relating to one to one counselling in schools, academies, specialist schools, alternative educational establishments, and colleges. West Essex CCG funds are for one-to-one play therapy for children aged 5-10 and one to one counselling for young people aged 11-18 living in Harlow, Epping Forest and Uttlesford.Harlow Council Partnership Grant supports one to one counselling support for 11 - 25-year-olds in Harlow.
Children in Need fund provides counselling for young people living within Harlow and surrounding villages who are aged 11-19
## **16. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2025.
## **17. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES**
|**Net (expenditure)/income for the reporting period (as per the**
**Statement of Financial Activities)**
**Adjustments for:**
Depreciation charges
Interest received
Decrease/(increase) in debtors
Increase/(decrease) in creditors
**Net cash used in operations**|31.3.25
£
(104,098)
12,892
(7,752)
7,431
26,328
(65,199)|31.3.24
£
6,808
15,048
(8,088)
(21,873)
(72,724)
(80,829)|
|---|---|---|
## **18. ANALYSIS OF CHANGES IN NET FUNDS**
||At 1.4.24|Cash flow|At 31.3.25|
|---|---|---|---|
||£|£|£|
|**Net cash**||||
|Cash at bank and in hand|426,710|(57,947)|368,763|
||426,710|(57,947)|368,763|
|**Total**|426,710|(57,947)|368,763|
Page 17
**YOUNG CONCERN TRUST**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2025**
|**DETAILED STATEMENT OF FINANCIAL ACTIVITIES**
**for the year ended 31 March 2025**|||
|---|---|---|
||31.3.25|31.3.24|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|17,571|16,426|
|Grants|41,324|49,011|
||58,895|65,437|
|**Investment income**|||
|Deposit account interest|7,752|8,088|
|**Charitable activities**|||
|Grants|57,660|12,580|
|Counselling Income|590,890|543,005|
|Training Income|-|420|
|Project income|500|1,000|
||649,050|557,005|
|**Other income**|||
|Room hire|1,315|3,900|
|**Total incoming resources**|717,012|634,430|
|**EXPENDITURE**|||
|**Raising donations and legacies**|||
|Wages|20,138|17,085|
|Social security|1,610|1,793|
|Pensions|776|648|
||22,524|19,526|
|**Charitable activities**|||
|Management and administration|299,783|268,425|
|Therapists|323,035|234,295|
|Pensions|11,016|396|
|Premises costs|16,533|13,161|
|Insurance|3,394|3,157|
|Computer and internet costs|30,070|24,853|
|Telephone|2,281|2,585|
|Postage and stationery|1,129|1,493|
|Advertising|35,074|-|
|Office expenses|2,952|2,666|
|Training and supervision|24,938|11,147|
|Travel and subsistence|683|1,245|
|Subscriptions and publications|509|542|
|Carried forward|751,397|563,965|
This page does not form part of the statutory financial statements
Page 18
**YOUNG CONCERN TRUST**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES**
## **for the year ended 31 March 2025**
|**for the year ended 31 March 2025**|||
|---|---|---|
||31.3.25|31.3.24|
||£|£|
|**Charitable activities**|||
|Brought forward|751,397|563,965|
|Freehold property|10,640|10,640|
|Fixtures and fittings|2,252|4,408|
||764,289|579,013|
|**Support costs**|||
|**Governance costs**|||
|Wages|18,126|18,662|
|Social security|1,233|1,696|
|Pensions|606|700|
|Independent examination|1,345|1,345|
|Annual general meeting costs|549|1,492|
|Professional fees|12,438|5,188|
||34,297|29,083|
|Total resources expended|821,110|627,622|
|**Net (expenditure)/income**|(104,098)|6,808|
This page does not form part of the statutory financial statements
Page 19
## YCT Final Accounts - As approved at AGM
Final Audit Report
2025-12-03
Created: 2025-10-21 By: Chris Marsh (chris@marshsolutions.uk) Status: Signed Transaction ID: CBJCHBCAABAAzLkBaFoCr5U72eVXcudkMVleceIHTcgI
## "YCT Final Accounts - As approved at AGM" History
Document created by Chris Marsh (chris@marshsolutions.uk) 2025-10-21 - 10:23:55 AM GMT
Document emailed to J Miles (juliamiles1@hotmail.co.uk) for signature 2025-10-21 - 10:24:00 AM GMT
Email viewed by J Miles (juliamiles1@hotmail.co.uk) 2025-12-03 - 2:43:13 PM GMT
Document e-signed by J Miles (juliamiles1@hotmail.co.uk) Signature Date: 2025-12-03 - 2:45:25 PM GMT - Time Source: server Document emailed to Chris Marsh (chris@marshsolutions.uk) for signature 2025-12-03 - 2:45:27 PM GMT
Email viewed by Chris Marsh (chris@marshsolutions.uk) 2025-12-03 - 3:56:12 PM GMT
Document e-signed by Chris Marsh (chris@marshsolutions.uk) Signature Date: 2025-12-03 - 3:56:30 PM GMT - Time Source: server
Agreement completed. 2025-12-03 - 3:56:30 PM GMT