RElaSTERED C￿1pANy MUPABER: IJ0363502 {England and Wal0•) REGISTERED GHARttY NUMBER: 30 G#y Street BA12PA Contanis ofth• Fln•n 31 Page R•port of th• Tru•kn•s 1 to 15 R•port of tho Indopendent Audkns 16 10 18 Stat•rn•nt of Fkwndal A¢tlvMI•s 19 Balance She•t 20 C••h Flryw Stslonwnt 21 Not•$ to lh• Cash Flaw Ststsm•nl 22 Notes to ¢h• Finw¢l•l Sl•t• 23 to 32 Y•ar End￿ 31 IA•Teh Thg INsl•es. Nvh) ¢*rectws of thè ￿rtY for crfthe Cryn*s Act 2LKJ6, present le1￿ with thè fInv￿1￿ sl8t•mènts ofthè th*rfy yetr ￿￿ed 31Marth 2024. The finaThSal ststements af the chaiitatlp cwyany. *tw(* is ¥ pJbk b?￿ffl enbty under FRS 102. have bew pwared in arLonlan¢e cha11t￿ SORP (FRS 1￿2).￿(￿A￿ti￿d 8NJ ReportirwJ by ch8rilM". Ststsmwrt of Re¢ob7*nended Prath• Op￿1¢¥L￿o to thariltes pryrirg Ihwr in ac￿r0)nCe with tre Fin8no81 StaTrJard applublo kn thg UK ar￿ R•wblk of Irdsnd IFRS 1021 {¢ffo¢tiv¢ 1 J*¥Jary 2019r. Fmarthl ReF•Xtlng Stsndard 102 Tr FlnarKlal Reporung Standard •FpWe In the UN aTrJ Rowthol Ir*rvf tho Compani95 Act 20C6. In PfaP8rfng this Trpfxl th• tntsteeg hwe rngard to tho Comrthknts giidance on putAtc bwefft hawo satiSf￿d thoms8fve3 th* tho aThs and Obl￿tiVeS of fv chbrity ènd ils oxe programm6s we aligned #nd conbnuè to sem thldren young people *itt¥n kn Greator Brf8tol area. To a¢uynp￿y Il*s tnjstee's rep*Jt. the tharlty al80 producès an anwal Impad Report tr￿1 fijther denK¥tstrat05 ttle dwilvs *Y>rk and lis publlc b•n•fft. provld¢ theor lime. expoibse ¥rKI skins fr¢* kn suprt delw hdp d￿6￿P ¢harlVs s¢tvKe& Who fA• *r•:. Young 8rfstol Is a misslonlgd. vth•8 t*lttb a gJppyknJ youw pooplo 8.25 durlng tl*tr ￿11¢￿1 out of sclwxl hours. Sinc• tho ¢Jp8ning of 8risknl's fnt 1928. Youw Bris&A h*8 •v(*4•d to on8 of lh• (Jii•s 1•8ding yovlh ¢harilie¥. providin9 a range of ct*r¢al OJI￿l-￿￿ ser¥Kw in th• lknt•f Bf*tol 8r•& Today. we are recwdsed as Bristd'$ le•d*￿ prtsvklorof ctytThW4sed youth serv1¢4 thmuO1 ow cornmurlty Y￿rth ¢￿bs. n•tr*mrK as wel as a vthd provlder of ouldoor ac￿. & eréa¥¥é arts. wWoyn*nt PTogrmM. mobl1• yC￿th promision. nakncfflal dtizM $wc•s and infc*md ￿uCationS1 proor8mmes ¢lwllren •)d ywwJ peoF*. OBKCTIVES AND ACTMTIES Obl•ctlv•B and alms Our Vl•lon:. We want all ¢hihJrvn ycwJrvJ pocylg 10458¢ONWTfvl￿ arn capth ol. Our Mls•l•n:. To be * outsl•ndtiig provKler of high4walty ¢Crfnm￿lty￿O$8d Y￿ 8eNieM •nd innovth wOgramr￿S tho1 p￿lINdY 8rKI 8usiain¥Wty iry>act the Il¥e8 olchl#tren yrAJry PthlFIe, (h4T Valu••'.. r charty b Lwll ¢n th• cor• vakw of lo b& hèthy, c¥nfidgnt m8￿nSIb •nd $u¢Less(ul. The ObJKts ollh• ehavty arn u follow¥:. To prowdo chilthn and young peopl& In th• (¥w 8rtstd ￿ wth t4xxs to a rArwJt oladu¢8tknal OFVOrtunlties and ehalenging èxperi￿￿ ¥h#¢h prtyTh)tÈ IMirpws￿￿ •xl soclal Governlng dKum¢nt The charlty Is gOve￿d by Its Artic*s ofknooakn Igst updatod 21 P4Mmber2018, and rtmstitytes a limiled company, Inuted by guarantee, as defin•d by tho C￿npanIeS The charity ￿ IncorpoTatsd and does Dot Imya a shwe cap*al and 15 formed otsr*ise than for wofil. The ththrlty 1$ a Reglsterod Charity N￿b•r 301681 and c￿ Lin￿ by Guwantee n￿lber0d 363502. The addres8 clthe tharity 1$ y￿n9 B￿k1. BS14 Youth C￿tre, Lane, P4iSt(4 BS14 8SJ. Pag0 1 Yo Tnv4 ••r Endod 31 March 2024 OWECTNE3 ANL) AcTr￿E3 Ctrchalrfs and Chl•f EX•C￿l¥• olf￿￿ Ov•r¥l•w A6 ￿ reffled past yearfs iowrey. we 8rn ol the wogress thal ha￿ acmss 4 of our fve $tralegi¢ pnmtios. Th•8• we ufthnatety al targeted to wwr• we a su¥lawiail• Impad on yowo poople kn and vound thg Grg•l•r Bri5tr4 am. How•vor. w8 recc¥Jts• thè Éncr•aaln9 n88t1s of ycxm9 p￿. th8 8•th dMlong05 Gaus•d by Ihg cost-of4ivlng and Ihè eFidanc ofknrf? ryime ants￿1￿ bohaww. These aT• not L85ues that Can be fixed wk*ty beleNt4 Ihat ow cThnnwlm•nl lo lor4 wmmunitiès means that we conliN• to play a crucial rol8 in support1￿ youTrJ poople the ¢¢)mmunitle5 thatwe wDrk In. To this. we are corr*mttW to wr Mwion 8tratèL4¢ in¥tStrDèni in our F•opl•, our places a￿1 pa￿T$￿IpS the *A$ton oferkSUmJ I￿ al pet¢le a¢c*8S to s#f6 $P￿S. tnJstsd rc4e moJel$ 8 dwefi8e ra1￿ ol posilivo cfJPOrt￿l1Ies. The vmk we to deliv¢r Is po$￿ts bècause ol f8nts8lk wrAk of wr dadka•d t￿ll, trust••s, v¢4unl••rn. $upportern and pathÈr8 #hd Ik• to t*• th• OF￿￿￿Ul￿ty lo you 811 ftryour fantasttc support. We hc4)e thal you wll r*adTrY4 ha¥e had in IIMS T￿￿tee$ Tepcrft as 8$ we ￿￿¥0. Jamle Cameron & Matthe￿. CrAkn of YWVJ &istd Tntsts• Board Loè Wilams DL- Chièf Exa¢uD¥e- y￿r4 Brk%tr P•Je 2 You rtolth•Tnt A¢trIEVEMENT PERFORAIANCE Charltabl• acttdd•¥ OurCor• Prngr•mm•s Young Bri6kA d8lN¢rs Ih? knlknling r•t￿NS￿. award ear• praw¥no8 that *• ft••ty av8labl8 b all ch￿ren and pgopf¢ 8ged 8-19 yoars:_ ¢￿￿Munity Youth ¢lub•. LJr rnoknle yKJuth FwvislC￿. Kayak Club- A prDgranmo any abllty aged &21 ￿a￿S okl can take part In kayaklng and canoelro kn Brfstof$ iconic harbru. A syoal oppty1L￿Ity t* 'nyo¥* skN meet new p￿￿, and have lun. Pwffjc4pants have the oprorlunly to athrevo rolovanl quthaIk￿. Nallonal Cth•n 8¢rY*• INC8) - Y¢￿¥¥j PAthI are the 1&8d of a Bristd based Con60rtium of Organ￿trOl￿ that dalivar this pro9ramme dosigned for 16-17-yoar old5. The NCS oxperience exists lo eThxe. unitè 8nd ernpuwgr Yc￿9 p8ople. bLMklin9 lh￿ wkf*Jon¢o so can 90 oul Ihero al￿ &JMevo their theams. m malter whg thgy aro from orwhal thgk baC&grow￿l OUR APPROACH In¥￿ting In our ¢*ynmwNty youlh ￿b• In addlllon to ow gjre F￿¥jnnrn86 are con1￿ to a I￿9• rA eMtr4• us to Invest In our cornm￿[ty youth clubs to deveb)p Ih&r wem';ges cBp8GIty, sk￿1$, kwAedge. 5y51er¥is, and resou￿•$ that enable them to thrive. Th18 Includos devèloping $irato* ¢orwate partnersh[￿ derNJnstr*ing posibve outcom8s lor your people. We continue to offw a wide rang? ol train￿9. and doveklpmenl opporlunibes for crnnity youth club stsff and supwl thwn on th¢iriwr*y to su&tsinabdity. U#t•nlng to young p••pl• and mwllThJ twr n••dx Thr(wgh w¢yking eff•cl'vqty ¥rilh our Youlh Voco" wp other rI￿hanK￿M9 for ery•3ing. sutwrting and list¢ni to sYJwwJ people, w& embgj Y￿ng pwFle¥ ne¢d$ *KI auoss the onjan￿8￿.0n. Furlhefflior•. we COAsvIt ￿t￿ them on th¢ design. ddivery and eVahJati￿ of our wc*k W? offe¢bvdy use technol￿ and • Var￿ of soti81 modia ¢hann¢ls to •n8ur• ￿ ar• rnaehw¥J F*opl• Ilvw ￿￿te$that farrkllarto Ihem. D•y￿￿pIng portn•rnh We aim to ensure tlwt all Y￿ThJ people within thg Greater Bnstd area hav8 t1￿ OPFQrtunity t• discover *l)al they are ¢8patAe of. We recognlsè that wè ¢*intti do thai AltM* ayj C￿nima ts) partrwships that herp t¢hkvé borh Pago 3 Youn • Y•ar ETh Wè to eXp8Th￿ our1Th￿S vAlh provide￿ ￿ empbyers inT**St in rKoiti(ts whth reach Ihosè yc•Jng peopkn who neèd ow sery[c￿ most. Wo wk in p*tnwstrw) othar pThiJ8rs Ihe c4ty. are key members oflhe &i5tol Y(th & Play 8$ wdl as ottWY￿1kn &￿￿11*¥ LP *MJ Ihe CW. M•mb•rship of orgMh•tlon• in th• youth ••ctor Young 8Mstol lo ￿ acuve and rrthibgrs ol UK Y(xth. NatA￿OI AsK¢4al￿ of B¢)ys & Glrt$ Clth, Natsonal Youth Ag•ncy The World Clubs. Thrwth belng a mernber of thw Nautsnal oThJ Intematknial YOL Sth Governlng Bojies, YoLry ￿$t￿l keeps atffgast cl aTrJ is &)le to Yrfbjence FK4ky to supwt CWTgnt And •merglro youth r91*d Gsug& Fu￿￿ra1$￿v athltt•i How w• s•cure fundlng YoLmg èrfol suppytor5 (an be assurnd that Fwthisin9 and ￿ cornpty with the regulatory standard fundr4wing. We fundra￿ by to gIv￿Tra busts. ty compw¥tr8 to dofvof iolnl b¢r*fits. by securin9 donations aNI 9Ths-kn.k¥MJ from Ind￿¢￿15. f￿dI*S11￿j l*es the lom of fvndlng appea dlrect asks., fa￿ttr￿, bylgttgr by emad. fundraising actiwity and manaJ8s ts¥o ful tsme Fvndratsing Assistants. These roles supported and overseen by o Chl•f EX￿*ve and a fjJndralslYvJ expert ¥Frrmg our In￿1893. who a150 SUPPOrts these members of Staff. We keep abreast of new fvndratslrrfj trends and pratho. **ays b)at Ihg interesl of the svpporter is at the heart of al we OurforJJs Is to strviè S￿P￿t￿5 to have Ihe Very best gbvin9 ewien¢o when thèy support thg ￿ of Young Brfstol. and we WO￿ hard L4)-ltrd* Fthes. FKoc•Jures and btth formal and inlNm81 trainiro lo look after th& needs of YulnèratAe people. All ￿c￿orS are gvén the Op￿tunty to upjale their preferences In how we wnrnunicale vllh them. Thèy ¢8n ¢¥)ni￿ us by pts)ne. post or 8mail to charvje their wèfergnces al any lime. and 811 of our ern￿15 offer 8 one4ick unsubscnbe to f4dilate easy of pr8fw8nces. We also i¥Jdate our ￿cOld$ whengvgr we are nolified of Imtslivered m•1, w rf wo ar• nthfknj by an official institution suth as a bank thal 8 5UFVOrter Is deceased. Everyonè wè contact has the opporturity to ￿move th8ms•lv•s from fulur• ¢on¥nunKatirms #nd w• 8r& ￿MmItted to arefvlly monltonng ¢Mthni •rbJ frequerty aptxoach to indr4hJ On ow webslle thsye am easy to fwKI WI￿. I￿￿KIng. . pri¥xy. C￿a¥￿. Saf•gua￿￿￿a. and our approad) to GDPR. The truste8¥ arg ploas•J lo cor+flm that Youw kntol has Ml I¢¢ev￿ any comF4aints In relakn to its fvrKlraiskng aclvlty nor h8vo the Intstees W ¢ause to roFA>1 itsdf to Ihe Ch*ity relaticffi to any brt8ches irb Its operation andlor govtrmance. Page 4 ACHIEVEMEKf AND PERFORMANCE OURWORKFORce As you Yead In moffj detarf later in this ry(¥( ¢¢mtin￿ wknl in ow Is *ar. these addilicthl slaff across th? ￿Ole wganSsalion &Jring t year have ￿1pOd ueate a ro￿￿( sk1￿d dynwnk Staff team thai to support the 9rts￿ in Ywng Brtstofs wtsth. Wo ￿n1[nu& to oporate a t￿1￿￿￿ of as ffl•ny staff as Fth8lbl8 aThJ th15 IB wol, with¢yth nell8￿ Wct on the day to day QPgTatrJn of Yow¥J giisid's business. Wg undgrtook our second annual staff surv9y %thr• employees Scor￿ WorkJ￿d Y4)ung Bdstol and Its olturo oul of S. trts suw o)nllnue to Idenufy are85 for us to work on. overaN il rnaffim￿d ar• g¢xY4 in thè li￿ diredw￿. Employ•• h•alth. •thty. ￿ T￿1•)•1￿￿ Em￿0Y￿ has be8n a Y¢w Bri*1 aKI Thwn•3ernont team. En4)10￿ tonlinue lo have actess to frt8 indewdent ￿*￿anc* on a wge ol welbeirffJ sèrvtis. These fret $ervic8s for emploJ*s are prowded by Cronqr and ￿ a o]nfNJ8ntial cOU￿01￿j and •*k8 80r¥Ke. We o)ntinue to kjok at additional ¥ThJ inntsyative wayy b) wporl Employob engag*nont W$ cont(N* lo hdd regular 51Jff or* to ono slaff do￿v￿nt moolings and comwmty youth dubs nphw)rk m••tinp. These have h*ed ryro¥e irtemal •¥1 ry05s (kparlmentsl ￿nd￿￿ndIng of thtr WO￿ of Ycung 8ri5trd. Dlv•rslty, Eqwllty & In¢M*l Our Di￿r￿ty, Equèlty & Inclusion Sub Group *thith15 madg up of repres¢ntstp￿s from Irustees staff, ￿ntInu9 to trxplore how we delver and make our d)aTA8tle rdevant embedd8d knto ow programmas to fth• Tnwl••8 Y•ar Ended 31 March FINANCIAL REVIEW ¢￿r Hnanc As you see Ihese Exr*Mliture thi5 Fimncial Yw bX8led £9S6.456 of £941,202 Conti￿&￿ to b• on charlable athll In April 2022. Ywtvj 8ristol laun¢tr*d its 2022-25 straknJy *KI ￿ conlirwje to make oxcewert pro9ress og8h)sl our fve key w*y4Ues. A rnajor lo¢us of ow strate9y is &Jrthw ¢*1 irfvestrnenl Tri our ¢ommunty youth club fadlSts$. Th1¥ past fknancL71 ￿ar ￿ I￿vè Jnvested In •x¢8$$ of £119.077. wilh this vw¢stmonl corrfng fro￿ a ra￿ of stsu￿￿. Inctyjdlng uUli8albn of e￿$tIng R*sffii•s, trwl & grant knndipvj and *nfficanl "in kMI(r support frtsm a numhr of our co￿Orate sup￿ts￿ aThJ Brfstol City Councl. This adrfitlonal capltsl In¥wtm8nt c(rtitn8d with ts Sta￿7rtY ol our ovgral staffing stru¢lur• lo me81 the increased Fryramrft8 OF*rnth)nal deman05 on YouThJ Brtstol. has resurttrj in a planned operaiing swphjs of £78.579. Th& Irustees rwnain cunnwltad to lftWemeW the ￿Ma￿l￿19 aspects of Its stralagy. ¥thllst ¢onUnulng tr) nK)nitor w¥J manage Yw 8rf*<5 lknce Our 2023-24 kncome of £1,035,035 Une with the YouN4 Brisws hlslork levels swrts our d•clsbTr to furth•r Invest in its staff roswre•s. 8specth addibonal funtkar6Yw ￿gurr4. lo ena￿e us io ￿$￿6Th3b￿ grow our $eMe8s whilè mainta￿1n0 financial stabilty. As is Mi Ihe Audried A£cwrts our income oJnlwiues to bè derived from a r•ng¢ of sourres whKh indudes £518.619 selT-9ertr•¢ed from Charitable Activities and £381,792 from other tradlng adl¥ltSes. Ow thv¢strnent Inoyne at y8•r ond wa$ £9.355, with Other lrtome £Nil. Through the support of our lo￿ donors cur Dona￿OnS and kgacfi•s Ihls fin8rKlal ￿ar stand at £12S269. TNS amotytt i￿￿￿$ £50.959 In th• fo￿ of Endowmont Incom8 tr￿n Quartèt Communlty F£￿ThIa￿. YoutvJ Bdstd benefits frcrfn EIthW￿ Incorne, PaKI annvaly, from a Ycwg 8rist(4 Chalgnge Funcr) ttbat is manayd by Quartet Comrwnity FoundatK)n. The Your*J Bnstol ChaleThJe Fund wa5 raised betWe8n 2fA)7 and 2009 ar￿1 was estab1￿hod as a long-lerm sustaknable source ol incomg to ￿ part of Ihe core operaoorwl ¢ost of Yourvj Bristol. The trustees note that th15 prO￿deS a regular contribulkn iowarfs trle co$1$ of adminlstsrlng and opèratln9 Young Bristol, the chartty contlnues to c0nfrc￿t an orwJ)wvJ to cover Ihè cor8 costs that ar• vlta¥ IMPOrt￿rt in enabfing YouThJ Biislol k• m8et Ihe irKreasiry needs of chldren and people and to d81iv•r the broad range of prc#Jramme$ and Ihè imwx thal it a￿o¥s the cty. Ywng Biislol conts.nues lo devolop a broad fur#thng base $81ègu*ds u$ 8gHvist •ny rTh ol funding comlrwJ 10 8n end. As eVKIe￿e￿ atove. our m0K) sources of lunithng CL￿9 1hr￿gh dmatths, granls from trust and foundations. coryx)iats donatr"ons. dir*A fvndratsng. se*ng of ow seryws, togBlh8r wth trom an Endowmfrrll. AG ovidenced in these accounts, Young Brisld rthtR)ues to fils pwousty annwnced (L)mmitments arwTh planned utilisati￿ of its Rgsorvos lo ueate fit enbir(Th)uts. tlkntsi ￿nI1￿1n9 to be fjnaw8ly stablB arKI well man•ged this inve51Tr*nt Fwcess. Icrf)k to the 2024_25 FvwKial Y¢81. Yrmj BW$ Vusto* remain ￿MrnI1￿ b ¢￿inUing oppropriate Investrnent In a raTrJo of capital prol$cts. wfllst undemltrng sorn of Iho costs as wg grow the charity. This conlinued Investrnent from a range of SOLKces wll fijrther IN¥)rm fXlJi￿ al a rnmbtrr of our communlty youth club venues. as well as refurbiehment of our (MJtdoor xtivities centre. bi additi"on, we we investing in a new website Ihal win help pmmote Ihe vth of the charty. Afixws.de Ilxs The5trnenl, WIN also coniinue to expknre a raTrae of n￿. h)ng8r.tem I￿X)Me genera￿￿ Ywng Bititsl. Charity aecounting S￿dardS reqwre charities to re￿nise wkeft recèi¥•d. whi¢h mean$ that grant income Mi the accounts wll flLKtuate from year kn year *id the ￿lJIed exp￿Tr￿ture not appear In ihe same financi81 year8s the IneLime. The trust8es havé LEndertaken a re¥l8w of am of Ms ass•ts latihti6s. bthJh)g cartyTh3 a cashflow analysis and have c4)nc￿Jded that Ihe Chaiity is adoquaw resowcgd * r•m*$ a concom wlth no wnmèth.ate finanaal Tlsk. TnMt•• inv•¥trn*nl P￿1$ Under the Al￿e3 of AssoeAatTh, Yrwg Br￿ has lo ￿VeSt twds can delegate management of th&se Inveslfflents to B finan¢lal •xp*l. Brisld CUfr•nUy has In￿StMents managed by Scl¥od•rs and CCLA. Young Bri5101's assets musl be *wested n ￿c0[￿anCe t*￿ the Tnthe knt %IOO aThl knvestments Ur￿er the FIna￿l￿1 Serylces and Markets Act 20CKI. The Young 8￿101 F￿anc0 & Genorgl Ptffp)ses (F&GP) Sth£ommrtt¢e has d*atèd aulhority fr￿ Ihe Board lo lake deosons in rebtton lo Ihe use aThJ management of and mwo$bM￿lS. This Sub£ommitt¢¢ is however requir&J to rewi Iransacllorts kn a to Ihe fill Board d trust￿ arKJ in Ilno wtth YOUNJ Bnstofs Artid8s of A6so¢trat￿n. Young 8rl8tol wop8rt1ty• YourrfJ Bristol Mds ether Ihe Freehdd. subject to resbicti¥e covenant (Y a Le85eh)kl int8rost in 8 DumbÈr of prop•rtl¥s throughoui tha City for ths pthwry of >%*uth worL It also hobJs one pr¢p•rty as Cu$b)dial Tnjstee on b8halfof Manor Fami Boys Qub krthin as St*lvJs Cc*. Ateryavwry. GWWL Page 6 ofth•Tn nd•d 31 All Freel￿1 or Loasdth ProperUè5 hekl ￿ Ihe na￿ of Young 8ri5kn18re fstÉd in ihè iabk tkn. Scm6 prnwrfies hav8 othèr Y￿th ¢herfL￿9 SS the main pr￿d￿ d ywth seTVK*S aThJ trbgse arn also thown fty daiity. Wlulst Young 8Fislol (bx8 r*Jt chwJe wy annual 18rxJ wt h)r uso ol thesg wopwtss. il is Ihe reSpC￿￿bthty of tho th¥rili?$ listed as man wovvjer bekjw to covw ts venue's opernbng costs. indth uts'lity blls. I￿U￿nCe 8nd r￿thine maknt8ft￿￿. I ro￿￿$ In reknti￿ lo the80 prop8rt588 are S￿ired ift Irx*atlB cabl￿ts and (YpJ#wl *al do¢LmOTts aro $t(fvJ Propeity NAldress pYovKler of cclnfftunlty Y￿&th ser¥tces nd off Silbury Road. Asknton Vale BS3 QE Vale CYP Ch• nur￿)er 0573W S11 OLP von Y<￿th C￿b Ctwlty nUrn￿r 1184391 ,' and off Qem8nt Stroet. Easton BS2 9ES road Plakn & 14*oTslde YP Charty 1163399 nd off stock*￿0d Lane. Stcth S14 8SJ S14 Youlh Centro Charlty numb 1681. and off Gatehouse Avern￿. Harkirffo S13 9AN CYP (awriy numbgr 1041502 nd off Wellngton Hill. Horf*ld. BS7 ST )r BC Charlty 1176423 , and off Flton Avowe. F*on BS7 OLW "d Ytyjth Chorty nUM￿r and off Bluebell Close. Sea Mills BS9 HX ea M015 8oyB & GKls C4ub Chyrfty numbe 1073834. and off Cheddar Groye. Bednthster wn BS13 7EN g Grove al Bodmln5tsr DO￿ Charity umbor 1026XI3' a￿$ off Hotw•l Road. Fkkn¥e15 BS8 4RU WhArfActr¥ty Centre Charliy Lh)knir 301681. ' threcdy operaed by yO￿g Bri8tol P•ge 7 forth• Ye 31 m4￿h 2024 FINANCIAL REVEW Ras•wv•s poll¢y The trustees havo an approved reswms p)Iw 15 annualty a5 part of rts good governa￿￿ and be reflective ot Y¢)ung 8ristofs wth. In fvJht of the wh)g thsruptNe to the grant funding Ma￿tt and to Safeguard YOUNJ 8￿101 going foryrwd, Yryjng Bristofs trustees have deoded to rttsin *¥ txisbrg policy lo unreshxt8d res8MS •qUNsI￿1 to at lea$1 >x fl￿ opgraimg costs. Ivsto&$ *il contiftug to keep Ihis FdScy under revlew Vvoughoul Ihe fortlKOrn￿j fmanc4al yow aTrJ adjust Ih level of f•sorv6s sh￿Id thoy feel thb apprcytsts at that tkntr. Unr•$tri¢ted re•errf•g Fre8 R￿rVeS are deemèd to be those readlty awlable to $4iporf cknlablts a¢Uvrtkns kn Il* event olunexpecled rodu¢ll¢n5 kn kncor￿, ￿51 ￿reaSeS to prc*Ade a scrtK¢è of funds lor Investment in fulwe years. Free ReseN•s ex¢kKl• any funds I￿ested in fixed assots as these are not #ctssslbJÈ. YoLmg Bristofs Free ReseNes inuea$e¢ margm* from £452,6W131 Morth 20231 to £456,890 as al th¢ end of Nlar¢h 2024. Young Brfstd l￿d Unrèstri(ied Resen￿ of £942.689 as at 31 2024 (31 Marth 2023: £855.110 The Trust89s havg Pl￿ as part oflts 2022-25 Slrntegy kn grrhbth (o futh•r monl•s Irom Its Frne R•w¥8s to 8UPP)rt its fve kty strategk priorltle$ of. - Our Pgop - Our Buiklings and Fatsibes - Our Proorammes -our Infi￿nCe -our Partnershlps As your￿ Biistol oMtwiue5 to kwest forthÈ il has an br2024-25 that again mty fi6￿ dr8w on Free Reseryes. Th• tr￿tee$ have sèt a r*séTh•$ ￿lty thatdewrnines a d8sred rnThJe of F￿ ReseNes lo provide a bufler Ihal ￿11 8nabb Ihe k* wilhsland unartupated th0rt48nm flucluatsons in fundi)g and s￿￿5￿J.11 also lakas into ¢onsideraknn a￿t￿sPat8￿ fuiutg inve51rnents and the nsks and opwunities inhw•nt wthin the 2022-25 Slr*gy launch8d in ￿)ri1 2022. Thls d•siro(1 rwJo was set at arv0￿m01￿Y £400,OCKS as at 31 Marth 2024 and is subiecl to rev*w on an orvJoing ba* R•strl¢t•d r•¥•Th Reslrktsd r¢$9￿$ are Ihose T￿eryeS hehj by Young 8ri5kJl ar• [w￿l[8d by law to b• spent as dlr8Ct•d by thtr dorK•r or fund&r so canncrt b¢ used for any olher puwpose. At Year End. Ihese stand at £8,094. By the nature of our buyness and the monies 8nd lundiNJ wè rÉc*iv•. this WW vary from year to year. Young Bristol's Iru5tees and its Management Team carefuly mwo98 lh• ￿tir￿j restithd fuThJYrtJ to ensure these lund$ a￿ t)nty used to support thelr intended purpose. Page 8 èd31 FtrIANCIAL REVIEW MAIN HIG￿IGHTs DUMG 202M4. ORGANISATI)IIAL OVERVEW Young Brisfrl has 21.352 conlads in WKI ar￿ BiiBlol *ith thllren *KI ￿Ung peopltr th18 financial ye¥r. Tho 18vel of engaggment we have hal higthliWs and young pkn on the and SUPFOrt thai Ytiung Bristolprovid6S. Young 8ristol cothu89 to supwt Its ￿aff. P8OFlo aThl vdurt•oTr to atta•v• varfous qw41ftatlons kn a rarwJe of subleds as part crf Its orwJcdrq Imslmert In they kwsonal and p￿feSs"Onol d￿lOp￿OnL oft￿ thildr8n and FéLWè Yaurg 7hth•d IF¥￿￿(Mrt 2023. 24... . Gerth prolUe- 41% kl•ntifigd os m81•. A8% 8$ 0.4% not to thsck>w and 19.8% dd nc $p8dty. - Agg profile - 21.5% W 8-10 L*l, 44.8% aged 11-13 old. 14% aged 14-16 Yea￿ 13.7% agg(1 16+ ye8rs and 6% dhl not spècrty. Freg schod mea15 {FSM} ' . 16.2% rec&v&J free srjthl meas. 21.5% thd rNX rt(*ivè frbè 8c*Kd meals. 62.3% preferred not to disdo8e when Mgl8terfng thelr youThJ person. You lor th• Y•ar End•d 31 Ma￿h PROGRAMME OVERVIEW ()Jr Im￿1 acmss Young &is¢d 2023- 24." - 21.352 cortacas wllh yrAJrKJ 8ged 8- 25 yea¥ c*J - 1.855 S•SSKmS d•lN8ièd atyoss •ur progWarnrn85 - 1.858 indivithjals 8wported . 715 nèw participants akndèd wr Wogr￿r ThToughryrt 20fJ. 24 w• provKl8d youro TA4h saf•. and kncknsfv• $ . We Bnsured young P￿.9 wjkns I￿[￿, * sp8aktng **lh youry Fwile acnjss our c￿bS to idenlfy the key ISSU￿ thèy th*rè fa¢kny vm batter sUprrf￿ them. . W• ddivgrgd Posibvo Charwes proyamrn• aryj Irrtor e￿￿ts *> h* young Peo￿ to th￿8[sI8nd whal Impact th*'r ¢holces have and be abla to ftlx ￿ 0lh¢r y￿9 peorle frcAn cu rity4whle nerwork of youlh pmvS$lon. - We wnllrnjed to Invest kn Ihe devdc%)menl of wThm￿￿ sp*s aTKI people; FffovK*rwJ 9 Irainhg sesshns and profe8sN)nal dovelopThnt to 14 youth on th• gra￿d. Wè tho knvested £119.077 to improvÈ our y(￿ aubs and Iheir facih'lies for y(￿ng pwl8. . 1.345 young people supwigd throw our 0pM ¥(£e5$ 8¢SSiC . 16 ¢ornrnunib8S impacted7*llh 3 new ctsTh7wThties vkno had not we￿XIs1V recwed any youth seTh￿s. . 125 young people t(y)k pwl in 8 prowammes WO￿￿&d them wlh rthi skdls and OpP￿rtI￿&s. (￿r bustkng 8nd vlivant ¢¥)rNrMw￿fy spa(¥s bro￿1 sY)vr4J of am ag8$ b**gro(mds d￿rIr￿ 2023 . 24.. . We SUPF#Jted Y￿rg pecO0 to n*et r*w pecole and bjikl friondslwps. Yourrfj people had the opportLwMty io atteThJ events kn and atound Bdstd. and axpf(xe otrw Youth Ckjbs Ihat we run by Young Bristol. - We 0)ntinU￿ to provide d8dicthl sp8e• OPFthlurwl•s ycAxvJ r• Tfvfth a(klIti￿al noeds arKI fr￿n a w*ty of background$. During 2024. wa devekw a sesshjn sp8of• looked After Cllldr¢n' whlth Y￿n9 peopkry and thwr fostw cartrs. - 1.858 yourg pxole ww• ￿￿rted by Brisbs th¥*rvJ 2023. 24. - 30 Youth Workers worked on gr￿ in 16 wnfflwhities n aThJ arwwj aristol. . 9 ¢¢ANnunty venues cont,nued lo Op￿ thw(hxKs ￿ to 4 nwJhts p8rw•¢k. We contsTh￿d to play A key rol• in ycuvj p8opl8¥ ¢hildhocxts. wo¥idThJ tham vAh ¥ispir¥vJ, wgaging and frJn oppOrt￿￿10S'. - We ￿￿nChed our NCS prOgw￿* alongGrde C￿ganL%aknc￿ acTOSS Brtsld. suppthNJ ￿￿r¥j pèt)ple to buihj on Ihelr teamw￿, commuThcation skills. and lake part in a soual acdon project - YourvJ people hdp8d to Sha￿ thetr Club Pro3ramm8 d￿n9 2023 - 24. Try wer8 Ir￿truMertal In Ihe develwment r Inter Club activities whfch saw youny peop￿ from 8 0f￿tr YoLrth Clubs get bwolvedl - Our Outdoor Acbvlty Team 0)ntin￿￿ to pt yo￿9 pw arKI groLWS of all agès tyjl on w4t•r and Ca￿n9 In th• •ndip Hillsl We 8aW 8 54% increase Kayak Ck*J M￿1)e(￿l - We continu•d to ptovKlè Schtt4 HolKl8y pr¢yJramrnes for young pec* ages 8- 16 al cu YIA*h Clubs. Thege séssions were targeted al Ihose r￿?1￿ free rr* and tKovKled them with a healthy m•al exoti￿ ￿tivIty durirvj the $thool hollda . 715 new your4J people eNJaged ￿1h Y(Nmg •KI our programn￿. . 3.188 conta¢ts 7Mth youn9 [￿[￿e and the wmler ¢crn￿￿ty thrthth our Ouldotr A¢ti¥ty Cwtro. - 11 Inter Club prcoTanme ewls were Ilelvwgd Bri5trd. Vlith 25 peoFl$ ¥trerAJlr*g 4 N¥t￿n81 e*nls wlth NABGC. W¢ proTrAded young wilh nvwexperl￿e*s th*e8l•br8t• thètrskl￿ and èmpower tt*m to succeed: - Our Outdoor EmpkyTnènt Prog1￿. that has nry* been kn operaticm ten years. conbnuès to go from strength io slrength. Th• yogrammè hÉlp*AI ovtr 280 yw pecyle aged 16 - 25 to gain 750 qualifications. At least 80% of the tralne8$ haw started furthw trainiry or err¥4)y￿t wilhn a yeai oftheir first session. - We worked a&Jngside three yoltlh (Kgani5ations in a5 Lead C{￿bUrn Partner ts delsver a n8w cr4nrnunity experience prograrnme with NCS. enwoweM¥J young Pe￿ lo nmke a wsiuve theirwmmunity. - Our Youth Voice initialive enswed yOLmg peo(Ae play•l a kty mle in shaplrt9 11* dÈs￿ft and delNèry ol futu progr8mme$. We made $ufy young pecyle felt I￿Jud￿J, CO￿￿ted and haarf. - We encourag8d and supForted ￿Ung people lo ￿￿￿nteer. Y¢wr4 Leadws at Iwr Youlh Chjbs and trainees from ()Jtth)or Emptoyment Pr¢9ramme suppryted G¥ Club. - 25 Aew tralnees Oul(lo¢Y Ern￿oYM¥nt Prcyamm• n 2023- 24. . 27 young people vduntewed thèir tlmo acmss Y(￿ng BrlgtL4'8 Pr￿ra￿. . 44 awwdod 2￿23- 24. LOOKING TO THE FUTURF Since ￿ Introducad our 2022 . 25 SITèiegJi, YtyJvJ grTh￿, defvoted and engaged wlh yOLmg people at exlraordinary ￿e1$. Pagg 10 for the Y•ar End•d 31 Mvch comm￿ltiès. and the youThJ F￿rA&We dr•dly SLPfvIrt. Exampth of Imp*t fr￿lho perknd Akyl 2022 trj Awl 2024 18: . Our p•*: ￿ conlwiued to 8igniknrfty th• d8vel9J￿ (* tyx stsff te•n. traiiry OPP￿￿nI￿8S, and Introduclng 2 new rol•s to supp)rt our fiJbJr• thxlng thi8 Pori¢yJ. ￿ irbY•Sled ovor £20.(KKI In trnlrlng, V*Nch IndUd￿ uwklllng 18 Youth w0￿01S to WO￿ on thè grouThl kn kneal eammuniN8s. - Our programm￿. we expanded ow cthr for youry PBOFAe. Introthx¥YJ nBW wogrnmmes wNth provKJ¢ y(￿g peopfe with posrn￿ chol￿. now and 04)gri•nc•s. ar¥J thg thance to galrn new skllh - (lur partn•rnhlps: we Continu￿ to nurture and de¥Èh)p long-tetm partntt5hps in and around 8ri5ksl. 20 corpKKate partnerships provKl&l Young Brfstol vlth ￿1nd ￿￿teety, ¢harttable (k*wti)ns and frmdratslry. - Our bulldlngs & facllttlv: ￿ Invosted £119.077 into capital ilTvDvW￿ * a ThJnthr ol our comrnunlty vénuos., maknng Improvements that ¥swld ho* tocreale ttThtronn*nts Ihat pecpk can thiiv• In. - Infiuenc•: uwy ow Influ￿¢& to PF￿ had a h•ty'ThJ lo diive paslbve (tsngo a¢yoss Brisld. . 41.914 contac*8 youywi people aCTO￿ . 5.442 young pwlè aged 8. 25 years dd supwyted by Yirfry &istoL OUR PARTNERSHIPS We krthy working wi partn*5hp is ifjtal lo Young 8tistol abl8 to *ldres$ tho nged$ cl y(Mry peo￿ we wmh. W• ¢onllnu8 ￿ work 8rf5toltsed, nalkrf￿ and intwnatlonal Y￿ organisatw. tcqthr wlth Trocaf pckn. comrnunllo$. k)cal arthorfties. parlsh C￿ne15 pathering *ith bxal t4Jsknèsses' It Is twh Ih8s• slrong and dlvorse partn8rsht4 w• can are makky a posllhe aThl su6tthatAe dlfftsrwtt. Young Bristd atterwJ¥ *18CC led Nrylh and SL¥Jlh Bristol Youth and P￿ parthorslmp meeyngs is an athg membgr of the Brisksl Youth and Play Work Alan￿. the de¥*k¥fftnl of •r*l Fl8y kn and across lh• City. y￿ThJ Brl8tLI Is fultry cofflmitted to ￿Ikthr￿a r*t¥y*ips. and to f(Ku5 of inveslng In our ¢wt8 partngrshys through.. vohjnknring days. I￿￿ and ewnts, 8kdts sharing. donthns in kn'nd. fvndraising events and payrou ¥thom•s. We ore $0 gratsful 10 811 ol our corr*)rate partner5 who alx)¥r a￿1 ug in 2023.24 we lo)k to dèvthp &￿¥1￿19 and rthi ￿r[4Xale SUp￿rt￿5 in 202¥25. OUR114FLUENCE yo￿9 P•¢pl8 ar• fronl *vJ c*rth (rf (yjr 2022-25 Str*9y. We W￿lnU• tp rninforc• fm ¢ore purpose. pulling your•J pettp￿ At thè hèart of è¥erythin9 Ih81 we do. W8 ccffltnue to wovKle for personal SOfA81 devolopment. skill¥ for 11?. oppylunities to grv*. and palfrways lo enyAoyment,' togelher *ith a s8f6 space to o)Moct with olhws. Young 8rfsfrI wnunues to Istèn k). ryw•r ar￿￿￿10 youThJ paople's un￿ue voices to bo heard ar•J v8lw1. Eqvality. dNer5ity arwj i1￿1[￿m)n are ftxwjmnlal lo w c(*e pwposo of h*iftg every young person to diswer Ythat they're ¢4)able of. ￿1$¢01 rs a vlLYanl. Indusive cty. It is Vital Ihal we th togethar to ensur• thal young peoplè have acc￿8 to groups and acthiles In Ihekcurffi￿Ny wh￿0 théy foal safè bebrvj. W8 continu? to ￿1¥?￿ supm e￿￿Jrage tyjr M wrtemal Y¢)ulh VoK¢ rwrgs¥ntalNg group wtKS rwt a WLlar ba$$. In addition tts Ihls. wg are equ* swjportive In dtyiikle hlttlatlves such as th& ecc Youlh Ct)unril. BCC Area Youlh Fowms. AJI of these me(*anrsffts are that ￿ suppjrt young péop￿ lo mak• infr)m)8d ded¥itsns arKI havo the opportiHiify lo Infl￿￿e key dK*sTh makors **hin tha (￿lY bo￿1. STRUCTURE, GOVERNANCE AND MANA6E¥ENT G¢vgrnin9 4J¢¢um•n¢ Young Brfstd is o)nlrdled by its dournl knThvn as ts Art**s of AssocAtk)I lasl updated 21 Nav￿tser 2018, conslityt6s a Ilmit¢d by w¥wt¢o, as defirnd by the A¢t 20(6. 8tru¢thr• ind Gov•m•n¢• Young 8rTStol Is a ￿rfnp￿Y by and w4•m8d by fvalid•s of Ass(ykn l•st UF*Jatsd datsd 21 Novemb&r 2018. Pap11 You Y••r EThl•d 3 M*r¢h 2024 STRUCTURE GOVERNANCE AIA) MANAGEIWIT GOVERNANCE STRUCTURE Board of tru•lwi As ref6r8nc•J oadlw in Ihis rgF4Vt. Ihé goveming IxA1y ol Y4)wYJ Bristol is the Btswd of trust￿$. who ara also th8 dlr8clorB for the of ¢cwnp¥rry l•w. The Bowd meet¥ al I?￿t five ptrr yoar. The 803rd 918cls a ChaSr for tsmi up lo three years whth may ￿ renewed. Tho Board has d￿lded k) rnov8 to a tschair mDd¥l and was d￿ghted to apFx4nl Vi¢toria MaIlhe￿ lo this fole. the Chak. COn￿r￿. Th8 Boafd of trustoas eurnnlty consisls of 11 d•ct•d lThJi￿UaLs at and ot thls financial yew. Trustee aFponlmgnts ar• for • tsftib of up to three ye$rs and • truste¢ mty orL4narly • m￿rn￿M of torrrs, ¥￿th a third lern possible 6fthe Board dgtertrAne It trj be In the best herests of Your¥J Brfskrf. Replacemont trusl8e5 can be app)lrted dwecty by the remaw¥ry Iw5tees at any timB dur¥w th8 year wllh th•lr oppointmont confmed at Young 8rthl's AGM. V4tsn Ihis siNMtson aii5ps. Ihe Board sets up a Trust•8 Rècruitmont SLsb. Group. Under Ihe guidance 01 Sdb-Group. Ywng Biisid assesses and expenen¢e il r¢qulre$ on Iha Board of trusiees and advertise opporfunths to ion ts Board ¢f trustees a v8r*ty ol m8knds. ApF4ubons roe¢Ned are reMew¢d by su1￿￿Up and Shrydiryted candidatOS S￿ inviiad io m¢ot with sUb￿rr*￿p members. If approprtatg randidates are ide1￿￿e￿. wm rocrynnwrKI tNst•os lo lh• Board, vAlh the fijl Board reSp(￿SIble fw mahing 8pp0trkn￿nts. Eath naw Irust88 is knduclod inlo Iti￿1 ￿ aThl Ilw wo¥￿￿ COF•OS of rnlovwl Crynmi¥8lon d(￿ments. Thèy also meet with Ihe Clior ExeLutive *¥J CTrChaw5 to better undetstand Ihe programmeg aNI of Youffj 8rf5tr)l. have to Vi8h Bnstolb benefflcjalèg tnl see (uwork on Young Jrislol has aff8d¢d trom ils ftmd5 and kn lis a rany of Insurartss a rewtatle Insuran¢e company. wttith includes Charity Tru$tse Insw¥n¢• lo manw #s exp(*tKg to finanaal k)ss due to unforeseen events occurring. STPSANG STrLICTURE AND STANDWG COIWAfrrEE8 There Is a slati te8m Èrnpttyed by Young Bristol b8s8d 81 the officts. This stall ieam ss led by ils Cluèf ExetutNè who reports kn thtt Board of lrttsleÈs. In accordan￿ wilh ts ArtK*$ ol A$S￿ration ¢hg ol Iru5tee5 ftjrm Sub Groups for 5pF(iffic ttems lx areas of work Th8 eoard of trttsleos does have one stand￿￿ C(￿Nn1tt0e. Ihis is kw as the Finance & Gengral-Purptsse Comm￿00 IF&GPI has rts tr14n lem￿ ol ￿frIen¢0 w*h de*gabJ r•S￿￿'￿eS agrned by the Board. K•y manag•m•nl p•ffsonn•l A full list of tndilridual trustees Is thnlakned th th0￿ aLthBd *rixmts. Th• Bwd of tnAstè•s appomt and support U)e Ch*f ExeCu￿Ve The day k) day nmning d the chwty 15 d8lWèd lo aThJ undertAk8n by Ihfr Chief Exeojtive who opef•l¢s uThJ¢r a sthem¢ ol delegotiw agr¢¢d wrth Ihe Boarrl d tnJslees. The Chiel Ex¢wtlve Is Slyp￿8￿ by 8 Sen Management Team i￿SiSts of 8 He￿1 ol Oewth)pThnl & FtmdraisiTr3. P*ad of Operatsons & Hèad Of CommeY¢4al Activities. No irx*wduaf emF4oyee of thè charity ￿¢ewed renKy￿r*￿ ¢x¢eeding £6(X( pa *WI ￿ lotal ￿ salary cost of the fouf-P8rsty) Sanior Managémont Tè•n ￿1#1￿4 £173K li fv pasl financial y8ar. l truslegs gNe ol thoir timv freety W no Imstee recaved rThlWal￿ the year uTrJer rgviow. Thè tnJ$t88S I￿9W Iho pay of al aYrAoye•s on an anrnml basls. yjblect io yo￿￿ Bnstd's fIk￿Cial wJ8ilion. The truslees bènchm¥k Agamst pay ￿lS (n ¢ther tharftkns of a slmlar SE￿ and nalur•. P•Je 12 of th• Tru*t• Y•v 24 STRUCTLWIE. GOVERNANCE AND IAANAGEMENT Rlsk m•nag•ffl￿t Th8 Iruste8s and managèmènt of Youry ￿ h8ve èV•hJatm￿ of al wtsks to whith it li •xpos•d and, in partic￿ar. fvse ￿l*.￿d lo its operatiw6 and fvwiees. A risk wwstor I￿S been d￿*#pod and is re￿ty •r*J updated to suNKxt tha Board of trusteu in 8v8kn4kn9 rlsk. Th• Bowd oftrusl••s b•l•v• tha nwt SIgn￿e¥nI rnks to your￿ &istd arg 8ruJnd serjjrfng kndlng ag fund¥rJ slll conllnu8 to adiusl to 6¥9r changn9 dwnaTrJ8 pl¥•d tsn th• wider tharitth The Boatd ol trustee8 arn V8ry mlndful of the need a rolNJst safegjardkng and pr(*0￿)1$ fr>r omWoyee¥. kn¢1￿￿1￿9 VLkntggr¥ and young pwAe. The Board of trust￿ dbcuss salgguardlng at al Board meetlngs and have apP￿ntsd from ils m•mbernhlp twstees *ith s￿¢1￿ safegU8rfirKJ 8¢wntat*. FlTr•ncl￿ rf•k* In¢￿d•." . L4d( Liffvnding to sust8n Youry &istrAs exisliry . Fknan¢fr8111)￿ suffered orlegal diswte ente￿ reg¥(I lo olYwwJ Brw. - Proporbes owned or Lèased by Ywrva Bri8tr - ￿er relianco on key fvnd8rs to ff*el s￿rand prOJ￿￿cL - Insuffi¢lent cashlkn¥ to meet I￿L￿￿'ll•s. S4f•guanli y￿ng 8tl8tol Is coMmAYed b) $8f•3u•r¢iThJ ¥t al aryl th15 matter is disuJss•d 81 Board level. r CO￿￿11￿nI io saf8guwding in(*>Je5: - Hawng a comprehensfve Safeguarthg Ththkj) b r•¥lwMd •xl•rnoly on an ￿nUal and compl￿$ with all rdevant1￿l$13iIE￿. - Ensurin9 8118taff and vc4unleers are trained In s•fegu*thThJ and prot9¢b￿. . Following safer rerAUitmenl pracicos vknen ￿n￿ling aalt staff and wthnt - Havin9 01 stoff ¥olun18th5 comwe a￿1 pag3 an enhanced OBS d￿. . A 8al•guanlng m•nogemÈnt SIrUc￿￿ th wx*Mles tho awx5lntrn￿t of a rmjmber of 8￿Inted Designaled S8f8guardhw Lèads and aFwintèd Youn9 Bristd trust••s re8￿)nsib￿.ty f(Y Sale9uwdlng and Cthld ProtÈdion. mulb'.agency involvement from social care. healh services. h)c81 authcKit*s and th8 polc8. Wè also havg 8X￿OnC8 in sp¢JidwJ tmlhin nati¢Malty and recc#Jnised wmlelrw lo w sale9uardmg dis¢knstWgs. and working wilh oth¢r agencles to m&iage these. Rl¥k mltlgallon The8t areas ol rfsK and all Ot￿r8. are regularty arn fflthg*d by. - Agre•in9 a cowsvj ofacbon and otW8tsThJ tr￿dgets the Chlel Ex￿(Ne - W0￿1n9 to expand fwvJiT¥J resourc4s aThJ Sources of YKX - Ensurfng mtsnltofiw and evaluatyon wc¢edurès are irrlknnted for all pr￿￿MeS and thibes - Con1inuiryJ to ¢view Biistofs C￿l¥n trustee and property o¥me￿hIp reSF*￿￿*thes . Rèducing the rL8k Itr*ough contiwal r*isth M • rwJuiw ba￿$ ol procedvres - Seeking oxlgrnal Pfolassi¢)n81 arwj swymt cffl al heallh and 8afety and sa￿g￿rdlrvj issues - cmtin￿M monitoring of procedures ca￿U￿r¥j leanry from wy &￿[48￿1{sI or incAd8nl roporti - Taking oul and maknlalnkng apwowktè l￿war - PwolntiThJ an appropriate qualified IA*Jitor to *M4opwthty audlt Yw Brfslrf$ and Eynditure on an annud basls. . Ensure Charty ComrTHsthn and Pknuse d81* wo mgulafftjt cO￿kng the Iwsloesl ditectors of Young Biistol along rnlevant finarrAd infrrntion. In areas of Itd6 or fy) fisk, exisbng cirtds *) be Sai￿ aw rngulor of wothh9 pra¢tlces ￿11 conllnuè. REFERENCE AND ADMINISTRATIVE DETALS R•gist•r¢d C•mpny numb•r 00363502 lEft￿n￿ and W8le81 Regl•t•r•d Charlty numhr Pa90 13 ofth•T d•d3 lh• Y••r March 2024 R•Al$t•r•d offie• BS14 Youth Cantrn siockwood Lane Brist 8S14 8SJ C J K T Hanh4 P V R Tasker L 8￿￿00d Jmwebb Z Tomi5cm Ireslwed 62.24) C L Jenkkns L N Pharoah CJCWOd M D +tsmmond V Matthews M R A Gr8ham Company Secrotary L J Imlliams OL Audltorj Sumtw AMditcoLtd Statulw Audll 30 Gay Street 88th Sorner3et 8A12PA L•gal Advisors Bur￿$ Salmon Gla55 Wharf 8ristol BS2 OZX SYATEMENT OF TRUSTEES. RESPONSIWT Th• Irustèes (who afy the (Irectors of Your¥J Biislol lor the puwes of comp¥ny lawl aro rg$p(Jn$lblo for prepartllg th• ReFknYt of thè Twuslèts ar¥J the finw￿l ststernents kn accorda￿8 with app4cat4* Jaw awj Unbted ACc(￿nting S&•Mlards (United Kingd￿ Ge￿ ALxepknJ AcL*xn•ng Pr￿t￿l. Company law requires the Irvsteas to stateM￿ts lor eath Man¢ial yearvthich gr4e x tnje lair view ol Ihe stale of affairs ofthe ¢h*rtth I¥Frpny and of the resC￿e•S 8ThY opp1Kol￿ of rosoureas. In¢hJdlNJ the income 8nd exp8nditsJ￿. of th& c￿E￿ble rAnyany for that per￿￿. In preparnj thosè stslgments, the trustees are requirpj to sole¢t suifable accGunliTrJ poIr￿S and then apF4y them coTrsist*)ty' obseNe Ihe Mot1￿￿5 and prfnci*s in Ihe Chwity SORP; make judgaments and estimal•s Ihat are reason&Jl& and piiAent,' prepare finandal stat8mgnis cm th& coJ*8m basls urkn St Is knaFvropriale lo wesume Ih81 the charllfa¥l8 ccryany conbntsè in ￿￿ness. Th• trustees are respowNe knf koeptng prow a¢￿￿nI￿)g re(*rds drsekjse with reasonable art14ra¢y 818ny tiN* the fina￿181 w)sltk)n of ihe clwtaile compwry to enable trem lo ensure Ihal finane4al statements wllh the Con7panles Acl 20C6. They a￿ al￿ re$F￿LtIe fiy saIewath￿ Ihe assets of the cl&witabla ctynpany and h8￿e for taking reasonthe stw lor pr8VWrtiM aTha deiecton offraL#J ollw Yregdarits. In so far as tho Irust*s •è aware". thgrg no relevant audA inf0m￿tIOn ofwhKth tho charttatrAe ￿￿KOr$ ar* lTh￿re.. 8nd th8 trtyslths taken all $tgps that Ihgy ou￿1 to takon to mako tskn8elves awar• ol any r•l•vant infonnatioh and to eslat4ish that Ihe audllors of Ihal Inlorrnatson. AkK>ITORS Th• a¥thtoig. SUff￿r Audiko Ltd. TIAI be FffQpo￿l0r rg-appointmert at the knual G￿￿al Meeling. P48 14 of End￿ 31 T￿h 2D24 This rep)rt has been in accord￿ tmih th? specigl of 15 of th• CorwesAd 20fy3 rolgting lo small comparries. AwJrov8d by ordar of the board oltrustOOS (*).......... .. . .. .. .. ...... .. arKf swd on ils bohol ty. M R A Graham- Twstèe P48 15 You Oplnlon We ha￿ the ffingnd81 slaterrwnts of Y¢Mmg ¢cry￿) for tho yw 31 IAarch 2024 which ¢wrl8¢ ￿ Statemwl ol Fln8ncl81 A¢bvities. th• Balance Sheet. ttle Cash Fk)w Ststemenl 8nd nol•s lo Ihe fina￿1￿ sl8temenis, indud1￿ o suftynary of swJrtyfthit ￿¢￿nI17g pok4•s. The financ￿1 rep(Yting framework th8t has been appl*1 in their praparation appjicaile arxl Ur¥ted lfjngdom Ac¢wiling Standards {Unil8d Kingdcffi In our opAiion the fffi8nual $tat¢M￿ts.. glvg a true ond lalr vw of slqto (rf I￿ ch￿11￿ CLMry>anVs affaws as 81 31 Marth 2024 wd al its In￿ming re￿r￿ and wslcatlon ol mOLwe*s. indudlN4 rfs ard exp￿￿tUr•. for th• yoar endgd.. haw b48n preparly w•p#r•d in ￿(*dance wAth UrAt8d Klngdom G•neraly A￿pted Accounllrg Practl¢¥: and havg be￿ prepared In awdènce 7Arfth the requyements of the Cryanles Ac120(6. Bash for oplnlon We conducted our audlt kn accordance *rylh InterDatKAwl SIwKlards on Au(liUr¥3 IUK) IISAS (UK)) and ￿p1￿￿ble law. O rÈsfvi$ll¥ll¢es under those slandards are further desrxtbed in thè Atykn. resF4)nslbllttes for the aLKfit of the financial t•mèrt% $8¢tirm of our reprt We are ir￿pondOnt of charitablè c￿fipany In a¢xordwKe wilh the ethK requiramenls that Are relevant Io OUF wdil of the finawKd slatemtnts in UK. ind&*Jing lh• FRCS Ethical Standard, wg have fuifilw our other ethical re6ponsibdrties in aWYda￿ th*so r¢wiromgnis. We bekve that tha wdtt evbjence wé have obtai*d is suffi￿nt ¥nd appropnalo to prwde a basis forourop*ik)n. Conclu¥lorM r•laUno to golng ¢onc•m In auditing thè fin￿cIal sl8tem6nts. have that ts tr￿. use dthe golrwj (¥)ncern bag15 Lrf accounung In the weparatlon of th6 ftharthl st*ments Js aptryfkts. eased on the work wè have per10￿d. we have r¥)t idenlified ffj rrwkn.al Lrtwlaintity$ relatirKJ lo events or cond61*ffj$ that, inthdualty or cdleclivety. may casl signffjrwrt Iloubt ￿ th8 ¢h8riiaWg corywty's abllty to coThllnue as a golTrJ COr￿M forg PWKMI al least twelve n¥)nths fr(Mn lh8 finthal slat•merts ar• authorfsed for i5SUg. responsibir1￿ the resrxvW￿Ikn$ of Ihe tntslees res￿ lo CC￿￿ern aro des¢rfb¢d in the relewa 8rttion$ of this (wt Othèr inlDrm*tion Tha Iwstees are rèspcffisitAo for other inlormalknn. The other knfo￿at￿ CcrfrVr￿OS the wilomiabon Indud•d in Ihg AMu81 R•w¢, other than finarwal *alwnert¥ aryl QLW RW of thweon. Our opinion on tho financial slatemonts th)es not covew the ¢knr YknmatiDn aTrJ. except lo the txtènl olh•Mse expl￿11￿ slated In ow repcyt. we do nc4 express any form ofassww C￿ckI￿n Ihewn. In ¢onnedion ￿th our audit of Ihe fin￿k￿la1 slatements. our respM$lblV 1$ to read other Inforn￿On and, In doir so, cons4lei wlther Ihe other infomialbjn Is malew wKorbslstent *4lh Ihe flnancial statements or our knowledgo obtaineé In the audlt or •th•rwse app8ars to b• maiwTaly mlsslatsd. If w8 kjentify suth material Inwnsisl¢ncig$ or apparent matèrial r￿SStat￿mnt$, we arn retyrired kn deterwitne gives rise lo a malerial mfsstalement in lh8 finanoal statements themselves. If. based on Ihe h8vè r*rformèd, wè tx)nthdè th81 thwe is 8 matwial misststèmeni ￿ner info￿AtItin, WÈ 8ra requred to r•pt*t th81 fact. W¢ hav• nothing lo report in this regard. Oplnlon$ on oth•r m•tters pr•$cribed by the Companles Act In our opinion. based on the wort( underlakernin the COLKse ol the Ihe infofmauon given in Ihe Rewi cl the Truslees fvx the fmancial ￿ tsr the ffinancial sl*em?nts a prepared is cL)nsist8nt with the financlal stalements: and Ihe Report Oft￿ Trustges ha$ b￿n prgpwwj in *ith 4Wicat4e * raquiremènis. Matt•rs on whleh w• ar• rtqulred to report by •xceMlon In the Ilght of the knowledge and Underst￿dIng of the company and gnvironmgnt obtain￿j th the couwse of thè audlt. we have not idenlffied material n¥sstslernents in Il* Rewi Df Ihe Trusleès. W• have AOll¥ThJ in wped *)fthts matt*¥ VI*￿• C£myMes Ael 2(hJ6 I￿lre5 us to report to you If, in our OF4nion'. adequate a¢wibThJ records havè Th)t been kept or ￿￿r￿S adwe tsjr 8ui*t have bo•n weived frc branches noi wsited by us,. the financial ssatements are nol in aw8Thnl Ibith the arwunling rortyds ￿ r¢tuThks; o¥ certain ithsdosures oftrvslo¢s' remunoiallon speThf*d by law are nol mado: LV have not rec*Nèd InfiJnn4itin and 841*)al￿rts rnqulr• lor or Ihe trust888 were not ?ntitted to takB adv￿1899 of the sm31 compan*s ￿Mp￿0￿ from Iho roqwremgnt to preparg a Stratfyc Rqjtyt w in pr8panr4J the R•p(¥iof th• Tnthe5. P8ge 16 d•nt dmors to th• M•m gxpL4in8d more fulty ￿ the ststerr￿nI of Tn￿lees. Rewmibl￿ti0s, Ihe Irustees (who we also th? directc*s of th? charltablè COm￿nY for the purposes law) are re5pon5ible forthe prePa￿tiOn of the fin￿￿1 ststom￿¢S and for bdng satisfied Ilk4t they giv8 8 tru8 and fair v*w, an(1 for intemal o)ntrol as the trustees d•temMM 1$ nee•ssary 10 8nabla thè prepar8lN)n stst¢rn¢nts that we free rnatwial misst*0m￿. T￿lher thjè fraud c* èrror. In prop•ring Ihe fmanGial staternwts. the Irw*tees are re¥*)n￿ble for assessiTh3 ts (*￿able wmpany's •b￿ty to conlinue as 8 wn9 CO￿eM. dls¢kiskvJ. as appli¢**. m*t¢rs rtlat•d to c4￿M ènd ￿Ing thg goiro basls of acojundrfj unless Ihe twstws •law Intend to Ilqi*th thfr charitstAg ¢c¥npany or to caaso optrrauons. or ha no roalistic alt•matfvo bul to do so. Our mpn•lblllll•• for th• •udM •fth• IInw￿l•l Ow obiecltves we to obtain rea5(￿abl# a$￿[ance at￿t whoihw the finwKaal slalernents as 8 are fr•e rrt)m materlal mlsslatemert vthelhtr duè ￿ tr8￿￿ orem)r. to k5sue a Rqx¥l of thts Indtspendont Audltois that kndude$ our oplnlon. Reasonable asgjranco Is 8 high level of assur￿, but is not * guarnntee thal an wdit cijnductèd In a￿)rdarKe with ISA5 {UK) WUI always detect a rnatwial MI￿lement when It N•Bstatem8nts can all￿ Irom fraud or error and affj CA)nshder8d material rf. ¢ni*viduaty or in tho agJ18gat8. co￿1 reasonab￿ b8 oxpected to inffu8nce Tha extert ￿ whith our proc¢duw are capth of dDlth*ng iffWr*es. frawl b d¢laif¢d below: Explan•lloTh a• Io T*hat exl•nt th• audlt eoMld•rnd Ca￿ oftht•cOng Irmgul•rftO•*, Indudlng fraud Thvj obiectives of our audll In rBsp8ct of frathl. *•', to hjenllfy aGsoss ￿ rtsks ol malarial misstatomenl of Iho ffnan¢i81 $t818ments ￿ to fraud: to obtain sufvent appropTi*• 6Vid￿Ce wardM7g the assossed risks of rn•tsrfal mi88tstornenl Oje lo fraud, d8￿ry and IryFgrnw￿TrJ wprylats responses lo those assoss&J rtsks" and to Tospond approprfat•ly to ￿￿￿nC•S of fraud of gJspeclAd fraud hjenllfied dLtrfr¥J tha audlL H(M•¥er. tho prlmary responslbilty for th8 w•vfjnt￿ and datscakn (rf fr8ud rests vAth man>JThnt ¥•J ttrwi Ch￿Ort wllh govemance of Ihe e4xnpany. Our approach was as folkMB: We t)btsined an undethndiThJ of Ihe leg91 arKI requirements aprAicaN& to the corryany aThJ conside￿d that tho most 8ignifi¢aht are the CcrfnpaThes knt 2￿. Chariti85 Acl 2011, LJK F￿an(la1 RewtiTrJ Standards and UK ￿x01Th)rt legi$lgti¢)n. W• obtsined an undorslandry Lrf how tho (xxwwny *ilh rnw1r•M￿ by ¥Ath nwoJmnt and those tharged with gtyeman¢e. We assessed Ihè rtsk of materfal mlsstat¢m•nt of tho staloments. ITr¢￿(￿9 the rfsk of matertal migstatarnenl dua lo fra￿1 and how It mlght oecjjr. by hokjlng thyjssions ¥Ath managemant and 1hos• Ch¥9￿ ¥rith gov•manca. We ryu1￿1 of rnnagemenl 8nd Ihos8 ltsQ￿ wilh as lo any *i*8n¢¢s of ntyrfomF4I￿ce ¢Y SUsp￿d nonwcompliarth *vth laws 8Th1 re9￿alL 8a6ed on ihi5 wderstwwJng. we dosiwed aFvoiThts wjtht w(￿ethI8$ lo Idarrtlfy In￿CeS ol ￿n-COM￿lan th laws thd regUlatic￿S. This I￿1([ded makiTrJ ewuiiies of and those wilh pVerna￿ a￿1 obtsinirrfJ addiiional corrob)ratNe evmlgnce as required. A Iwther descripti￿ ol ￿sp￿￿1)illtses ts the of the stalwrwts Is kKated on tho Financial Repori'rng Ct)undfs wèbsh• at w•pw.fre.cry.uk18u¢ltwv•spcwW*s. This dxuwon fom* of t￿r Roport of the Ind•￿ndant Audit¢rs. P•3e 17 Vso of our rnport This report 4 rnade 8(4ety to the tharila￿e n*thrs. •6 a bc•ty. kn acr*¥dan￿ wlth Chapter 3 of Part 16 01 tha Compat)ies A¢1 2006. Ow audit has b•8n undorlakon so thal we mighl stale to the charitable ci>mpany'8 members those mattèrs are r•wired k* st8te io It*m in an au¢fjtor5' refv*xi ft¥ Th) olher To Iho full051 ext￿t p•m?it18d by18w. wo do Ml ow a55um8 resp¢x$ibdity lo an>Dno other than Ihe d￿ritab￿ ￿rnpaThy and Ihe haritable crynpanyl members a$ • t¥)dy, forour audbt for reF￿. or for the ￿nI￿5 we have form•J. ark Pow011 IS•nkn Slabjlory Audit(*l for and on bèhall of SumerAwditco Ltd Staiutory Audilors 30 Gay Streel 8ath Somerser BA12PA 2•25 P•¥ 18 2024 Tc*lal 2023 Total funds nd5 INCOME AND EMDOWMENTS FROM DcffjaliM$ leg 125268 125,269 161,678 Charttable actMtI•s Charbtatlo Actl¥lJgs 518.619 51&619 276.761 Olher trathg odfvltigs Inv6sbnant rntsjme 381.792 9,355 381. 196.656 T￿￿1 516,415 639.400 EXPENorruRE ON Ral$ln9 fvnd$ 854 3,095 chari￿￿0 Acllvlles 413.583 527.619 941.202 767.218 Other T2￿] Totsl Not galnslOoss88) on Inv8stm8nts NET INCOMEI{EXPENDrriiRE) 87.578 18.W)I 78,579 {142,2961 RECONCILIATION OF FUMDS Total lund$ broughl loThMrd 855.110 17.094 872,204 1.014,5CM) TOTAL FUNDS CARweD FORWARD 942.689 8.094 99).783 Page 19 You 2024 Total 2023 Total funds *Jnds Intanglbb 4&8et3 Tangw assets Inv•strn•nts 14 15 16 34.921 34.921 435.263 12,865 348,150 12.865 482.849 482,849 373,600 CURRENT ASSETS Debtors Cash at bank ￿j in hand 17 1(K).026 470,974 100.026 479,068 39.790 s20.￿3 571.(aXI 579.094 560.693 CREDrfoRS Amounts fallirth) due vAlhin one yoar 18 {111.1601 (111.1801 162,0891 NET CURRENT ASSETS 459.840 467.934 498.604 TOTAL ASSETS LESS CURRENT LL48LmES 942.689 950.783 872.204 NET ASSETS 94168g 8.094 FUNDS Un￿Stricted funds R85trictod fvnds 19 942.889 855.110 17,094 TOTAL FUP&)S These flnantyal statements have been w¥r¢d in wx¢rfdènc• lh• FYovlskn8 appl￿ble to charltsblp compan subject to thè $m811 companies reffftm¢. non statements were appru¥*d tty thè Bwd of Twstees and ￿th0￿$¢d for l$¥ug on a￿1 were Bl￿ed ￿ Ils lthall by: M R A Graham . Tntst•• Pag• 20 h 2024 2024 2023 Ca•h ftows frgm op•ratlng ¥ll¥llleJ Cash generat¢d from operab"¢)ns 74.4171 Cash IIN$ frorn Inwstlng a¢ll¥l¢i08 Pueha80 of Intanglblo fL¥8d ass•ts Purchase ol tsngible assets Sa18 offlxed ass8t Invtthmnts Intsresl recoivgd Dlvidends re¢elYed (10.0￿) (119.0771 12.784 8.871 (139.&J61 3.994 311 Not ¢a8h used In In¥è8Vng ￿1r￿￿¢S 107.422} 135001> ng• In G••h and ¢•oh wulvkn In th• reporfng period Cash and c••h equlv•l•hl• •t th• b•glthnq of Ih• rnporting p•rk•d 141.835) 1209,418) Calh and ca8h •q￿val￿nts at lh• •nd •Jl th• r•portlng P•￿0d 479.068 520.903 Page 21 to th• Cash Flu* Slatsm•nt forth• Y•ar Ended 31 ¥•r¢h 24 RECONCIUATIOH OF NET INCOIIEIIEXPENDm)RE) TO CASH FLOW FROM OPEIIATING ACTivmES 2024 2023 Not inety￿•x￿Trd1Iur0￿ forthe reporfng p•rlod (x p•rtho Stat•m•nt of Fin4nd•l AcllvttlMI Adlu•lm•nts lor. D•predatt￿ chaTg0S Losse8 on knve¥trnqnts Interest receivgd Dlvid8nds recthd SeThlces in kiThJ Increase In d¥t4ors Increase in ¢rfjditors 78.579 1142.2961 31.965 32.848 4,183 13,9941 13111 (8.8711 {24.9211 160,2361 15.864} 41.017 N•1 ¢a•h providqd byl(u••d In) •p•ralkn ANALYSIS OF CHANGes Iu NET FUNOS At 1.423 Cash fltr At31.324 Nol Cash 81 and In hand 520,Y)3 41.835 479. Total 520.WJ3 479.D68 Page 22 the Y••r Endod 31 Ma￿h 20 AC¢OUNT*4G POUCIES Btsls of prnpjrfng th• Iln•ndal ¥tat•m•ni• Th* finan¢iaF statornonts of dwitabkn compary. 7ht•th is 8 bènefil entity Lwklèr FRS 101 hav? boon 8pAred in a¢¢ordance wilh ts Charib'e5 SORP {FRS 102) 'A¢¢wnfyng Rtwt*ng by Chariloes.. Slatem•nt of Recommended Pr¥ClI￿ aPFAic*Aè to tharitiès prying Iheir accounts in ac¢ordart￿ with tr¢ Flnanck Reportng Slwwjatd app￿￿ble in the UK WKI RewJbk ol Ireland {FRS I￿￿) (offeclrrn 1 January 20191,, Fknartoal Reportlr¢ Slandanl 1tr2 Tr Fkn•Ktal Roportsw ¥>t*ca*l• in lh• UK and Ryblfc of Irèland. and th• Companlg$ Acl 2006. Th? flnan¢tal statements have W rxgpargd un¢erthv hi¥lorknl rc4t eonv¢nllM. with thg •xc•plJon of tn¥e8lments V•*Kh aro *K*Ml8d at nthetvalug. as by thp reyaluallon olcartain assets. Golng Conc•m The trustees ha￿ undertaken a r8Vt•w of al of Ifs asséts and labllkn. kndLKllYKJ ¢#nyNJ out a budget anatysls and have conduded Ihat the charity 1$ adeqvawy r0Xw￿1d and a gokng corKem Iwth r*) Imrnediate Incom• AH irKcffle is r•cogn￿8￿ Fn thè Sl**nl the dwity has erfkleff￿tO Ihe fjjnds. it IB proba￿8 thal the Inc¢>￿ bo receNod and thg ￿n￿nI ￿ be meawrgd reS*y. Exp•ndliur• Liablliues [ww￿S￿d as exp8ndNuM as S(￿n as thtrrn Is a IBtslll w constnjctho C￿a￿On commlttlng the Charty to that 8XPgtyJiturn. It is Probab￿ trwt 8 trgnsfèr of bonofits wql b& reqLirod in tsettlgmgnt ond the anounl of oNigats"cffj ¢an be I￿aSured rthabty. Ex￿TrI￿e is ￿C￿￿ted tor 4)n an accru* basis and has dassthed under healfngs that all rA)st rolat•d b th• caleyy. lfyhere eosts canrtot be direclly attrtbui•(I to partlculAr h•adkngs fv have Iwi alh)Gated kn a¢￿￿*S on a ba$15 (yxtsistenl wllh the use Grnnts offgred subiecl to Th+rfh rK)I ljeen mel al the year eThl dat• are ￿ted a8 a commitment lyjt not accn*d as wenditurg. Intsnglbl• fox•d aM•ts Intangitle *¥ets arn Inw at C05t. AftgT inrtra rocwybon. wrtatvJt4e assets arn asured al Mst 19$$ any Jmort￿kn aThl aCt￿nulated wnpa1rn￿I IDss•s. Amortsation is provk1ed on al intaThJt%e fix&1 8$59ts * rates c•lcLlatwJ to off tho (#)sts. less •stimated resid￿al vahje. of each as￿1 OV•f ils •xpecA•d use1￿ &fe as l0tr4s.' Webglte d•wlopm¢nt 2S% Land and bulldng8 Land and buildings pUKha$￿ by to Ywvj h¥ve been WU4lded lo v¥nous affrlialgd Young PeoF4e's Clubs Iheir use in pwpgluity and rent free. L•¥J b￿lI￿J5 are sMA¥n kn th& bala￿e sheet at No dèpreriatton is provtded on fr8ehdd bundiros 88 the r8stho1 value Ls greatei than Ihe casl therefore charging no deweciation is deemed appropri8t•. ImpTt>vemertS frtehokl land have been over Iheirestimaled Usel￿ life of20 yoar& Oth•t tanglbl• fixed •¥8•ts D&pr£dation is pfovld8d on al tsngknlè fixed assets olhw than ¢)n freohth t￿Ik11r￿a$ * rats$ ￿*￿alad to ￿{te ¢)ff thg costs. 104 95tinalgd ¥￿￿. Of8•￿ a58et over Ils expeded useful lif• as I￿￿.. Offi¢è fumitur• and •quiprnni Motorvehid•s on rJ)st C￿b arKf 8QLyngnl 2S% ￿ c051 L¢8sefvJld Improvements lo wJp*ty ofleaso. 20 yews 25% on cosl T•x&tlon The charity exempt from cwpCy8ti￿ bx on its ¢hartI•￿ acbth. F￿d •c¢ounttr Unr8strthJ funds ￿ be usad m gc£onlan¢o Tmlh 4)iyecb¥es at the di5cr•tion of ihe truylees. R•strict8tl funds ¢xn only bo ￿•0 parkul¥r restricled purp)ses ￿17 tho obpcts of ihè ¢tharity. Restricfvjns ari59 spècified by Ihg donor or when lurKts are rat5ed for pwlKth restricted purposos. Page 23 conltnuod... Not•• for th• Y••r Ended 31 March 2tr24 ACCOUNTrIG POLICIES- ¢onlinu•d Fund a¢￿urt￿9 Furiher eXp￿nation ofthe nalufe •>rf wryA)se of ea¢* fuThJ is inclKled in Ihe to finan¢ial statements. P4n*lon ¢•)ntTlbytyis conlrfbuuons ar? pad on beh8W of c•rtsin emF*y¥ees to fv TeacheTr Pension &h•me. a dgfing(1 ban•fft seh8me. Th8 TPS i¥ an urth)￿•d schème and eonlribuocffj are r￿culated io spread th• cost Lrf pan51￿ ovgr omF4oyees' WO￿ IW vthh the ¢￿ty kn sueth a way that the pènskn cos1 is a subslantialy vg1 p8Thntage of currtrnl arnl p￿￿onaLl* pa￿￿. Thè aw*ribUti￿8 8tè dBtsrnb￿d by the Govemm•nl A¢hwy based on quadrgnftwl wn9 a prosp¢dw unil ryedit l1wt￿. TPS is an unfunded multrempknyor scherne no assets lo asslgn bei*wn empw. Consequenlty, the TPS 19 treated a5 a defined c￿tribu￿or¥sc￿8rnt 4Cw￿tirVj puw05 ardthe eontrtt￿n3 reCo￿lsed in the perfod to whKh they ￿late. NonThteachth)g stsffs ore di￿"1>1P for pab¢pat￿ In a stakelbkn pers￿￿ schgffe rnanag￿j by Friends Promdeni aThJ a workF4ace pensons￿me mawed by NEST. Inv•skn•nts Inv8$tmnts arg inckthl in tho balart¢ Sh￿ at martst vahJ¥. 8olh real*J •NJ LMweatis•d gal￿ or109s8s in the vahje of inv8sbwnts dr￿1￿ duriNJ Vlo ygar we thalt vthh 85 incorng or exp9r￿lt￿ In the Statom￿l of Finandal Activities. Incorne fmm inves1￿ ts inckKled whon rarav*. Affillat•d Club8 Young Bristol'4 fInarK1￿ S￿leMen1$ 8t 31 IAuth 2W do rnt the results of ¢luts$ and ¢xg#nlsattans affifwtéd to Youn9 8rislol. Commlkn•nts The tharit8bJ8 C4JMitrt￿1s, assets liablties of specific d8all wilh In sepwale Ivnds. Grants Grants. induding grnnts ts the purchaso ol T￿ed assets. are rec￿ in tho Stat8Thnt of FInar￿la1 Acbvly in thg year in whth Ihey are recwved •re $pg(*l¢ performanco obJeGb"v95 attathod In Ing ilh the SORP. Subscrlptlon• and donatlons Subsuiplions aTrJ d(ffialions we shty4m of Ir￿ne lax pay)nerts have been Tecefved urpJèP deed of covenant. Donationg oft•uibkn assets ar8 ￿￿knJded kn Ihe f￿￿nCl￿ slatemenis al ¢JyJl. Voluntary ￿1P 4onatiOnS•in•klnd Ltr)nations in the lonn of voluntary help $6rvie6s4n41￿ a￿ v81ued ￿ Ihe ￿(￿rne and ex￿r￿ltur￿ rmaneial ststem•nts vthen th•y caTh￿t be quantEfied aceLrat8ty. The Twsw do Mt beI￿ve Ihat thes• Res¢)urcts Expendod Resources ex￿nded are reco9n¥sed in penod Ihey We incurred. Resource8 expgndgd Incl￿19 attributable VAT wlwth eannrA be recovared. OONATIONS AND LEGACIES 2Q24 2023 Dorwtrons Donatad ￿NIC•S and f*ll￿•S 1fA).348 161,678 125 269 161678 Page 24 continued... OTHER TRADING ACTI¥TrEs 2024 DBS ehecks Fundraising events Acti￿￿'e8 & Travel Salary recharges Yher incorn• 12,123 94,197 44,555 21.345 209.572 13,753 23.683 61.062 18,025 381.792 196,656 VESTMENT MCOME 2Q24 21)23 Divld•nds Deposlt a¢¢ount thter 484 8.871 311 INCOME FROM CHJJiITA3LE ACTMTES 2024 2023 A￿￿ty S18 619 2024 Commerdal Club Hèadquartgrgrants 79,025 294,103 69.860 75.631 48.049 140.733 53.742 Third paty grants 34.237 . 518 619 276 761 RAISING FUNDS Raljjlng domtlons It9•cle• 2024 2023 F¢4Klrgsing gxperth#È 3.095 C+14RrrABLE ACTIVrnES COSTS Granl funding of willes (S￿ nc*e 81 Cos15 Tolal$ chan1￿8 Activilies 104.182 2024 2023 Wages Soclal Securtty 500.093 26.838 19.886 232.458 57.745 395.115 22.260 17,834 243.630 54.142 General Office Pmgramme Cr6ts Third Paty ¥8nls P4e 2S ¢onllnu•d... to th• Flnanckl for the Y d31 h20 GRAKfs PAYABLE 2024 2023 Charitable pth11￿9 The above grants ￿ T4late trj IM Ycxmg Affiliaknj dKk)sed n nc4e 21 of lh• FknanLyal Stslomgnts. SUPPORT COSTS costs Olher ￿S￿l￿8 exp8Nl8d NEf INCOMEI(EXPENDITVREI Nel i￿(4￿1[¢XpeN1ibJr0I is sl*d 2024 2023 Auditots, remuMration Dèproclation - 0*￿ed assgts 8.4C 7,200 11. TRUSTEES. REIAUNERATIOM AND 8ENEFITS There were no tsust¢es' rerwnernlw)n or th be￿ffts for the onded 31 March 2ty ncf for thè year eThJèd 31 Vord12023. Tr￿tI¥l. •xp•ns•s Thgre tsust¢gs' •pper6e5 pald 31 M*th2024 year ￿ded 31 Mareh 2023. 12. STAFF com 31.3.24 31.3.7J Wages and salariès ScKial securfty costs Other penson ty)sts 500.093 26,838 19.886 395,115 22,260 17,834 435 2024 2023 Managemenl Prohd slaff Cfvb bx•d stsff Adminislrabon 16 20 14 17 43 managemont p8rsonnel rernunwakn tor yw end￿1 31 M4r¢h 2024 was É203k (2￿23.. £18Ok>. of Charity's enWy)W5 trAkyvJ to Ihe Te8d*rs' Pen￿￿ Schemè Eng4and aNf Wales ITPS} for a￿(18m1C and relat•d stsff. The F8lesl acluanal valuation of Ihe TPS rekto(J to th8 period ended 31 M8r¢h 2020. Th•r• tMr• no oulstsndl¥J or kY*pakJ ¢￿tr￿li0￿ th• beswTrg <*lhe •rbd of IM financial year. Page 26 nL*d... You h• Flnancknl S th?Y 024 12. STAFF COSYS w conthiu•d Thè Teach9rs' p￿s1On S(*em• ITPSI is a slAEutryy. Cl￿tr￿{rt0iy. deflned benefft stheme. 9oven*d by thg T8¥ch8rs' P￿90n Schem• R•oulathons 2074. The TPS Is gn ￿fijnded sthÈme a per¢¢ntagg ol salary lo whreh both the membtrr and eftyloyer makes conlrilxJl*Jns. 85 these contr￿U￿*S a￿ c￿dited lo the Extyugr. R&tirem8nt and othèr pensi￿ L*nth are Pa￿ ty lurnts PrO￿jed by PaibawL Th• v¥luaiton resull is due to be imF4èmented f￿M 1 2Q24. The peMion o)sts W lo TPS pwKMJ •h￿Unted to £13.576(2￿ f23 .' £18.498). A copy of th• valuah.on roptyt 4Tr1 siwrthng doL¥M￿nI￿n is on th• T8a¢heTs' Penslons w￿lIe. Undgr thg definitThs sel out ￿ FRS 102 the TPS rs an ￿l￿t￿led muniwemk4oyor Fen$ic¥7 The charity has 8coxnled fw its ccffltrlbLrtinns io Ihe schwne a8 rf it cenlrftsjion $C￿le. Th& tharity has sat out above lh8 infonnation avallatlè on Ihe sctrwne 13. COW•ARA7IVES F¢)R THE STATEIIEIIT OF FIMANCIAL ACTMTIES Unrest Restrtcte(J funds Totsl lunds INCOME AND ENDOWMENfs FROM Donatlon¥ legac40S 161,678 161,678 Char•t•bh aetl¥ltl•• GharitaL4e ￿1¥11185 lo.￿10 286.761 276.761 Othw tradlng activhles hvestm•nt In¢ome 196.65E 196.656 Total 372 639 266.761 EXPENDITiIRE ON R8i6wig fi￿d9 3.095 Charltabl• athltlfjs Charitable 500,457 288,761 767.218 othor rotsl 777513 Net galns1(loss881 on invtttthnts 4.183) NET INCOMEIIEXPENDMJRE Tran¥fer8 b•lw¢•n funds (142,296) 60.0￿ ￿0[1)) 182.296) 1142.296) Net moTMm•nt In (und$ (60.OCM)} {142.296} RECONCLIATION OF FUfrIDS Total funds broutht 937,4C6 77.094 1.014.500 TOTAL FUNDS CARRIED FORWARD 17.094 Page 27 ¢onlinu8d... Nol•s to 1h• Flnan forth•Y d J1 March 2024 14. INTANG18Le FIXED ASSETS Ccmputer softw8rn NET BOOK VALUE At 31 March 2tr24 At 31 March 2tr23 The above ￿lI*￿n5 r•1* to costs devdoptrwJ the that was f•4aurthed at the end ol March 2024. A8 8 result, no arn¢dsaOoTr was •hwged kn thè yw but n) *￿12￿24. 15. TANGIBLE FIXED ASSErs Froeholj pro￿rty reasehcld Conyiler inyrovements wwpment C￿T At1W2023 Addrt￿n￿ Disposals 226.￿2 116.810 23.034 4,270 At 31 March 2024 139.844 4.270 DEPRECIATION At 1 &orl 2023 Charge for year Eliminated on thspos 4.021 249 8.605 7.428 At 31 March 2024 12.408 4.270 NET BOi)K VALUE At 31 March 2024 309.697 At 31 March 2023 108,974 249 At11￿1￿$ equipmenl veh￿> Totsls COST At 1 20fd A￿dI￿n$ DisposaLs 113,297 18,672 479.111 119.J77 10,1581 Al 31 March 2024 5B8.030 DEPRECIATION Al 1 ￿)[1 2023 Charge for yoar EITh￿nated on disposal 97.973 15.324 17.328 358 130.981 31,964 At 81 Matth 2024 103.139 17.£86 152.767 NET BOOK VALUE At 31 Marth 2024 435.263 At 31 2023 Young 8rfstd also hoh* the fclkw*fj prOr￿rt￿ as tru8woS beh41 oflhe organlsatlons flsted: Page 28 conbnued... Y•ar d31 15. TANGIBLE FIXED ASSETS * ¢•nUnwl H¢hJ ￿ behallatr. Thè folowlng prope￿$5 ar• ovffl8d by Y(xtyJ Brf5tol. olbwl to rnstrkth* uNenant$ on th• of th• buildlry. aTrJ are18a8od t¢ the cryanisatkns Istsd below for t￿trU8• rnnt tr9•. Proporty: Heldon b8hall of.. Lwd off Sllbury Road, AshknV4•. Brtstd Ashl￿ Vale CYP • M: 1057399 P￿Id YcAth CAub-¢harity no.. 27S& Bmad Plain & Ri¥nr¥de Youth Project 4h8dty t￿. 1163399 These kYoptrrlie8 are induded •1 n¢Thinal v*. The otiiects of ts dwibes and ory8ntsabon8 art to prowd personal and social dèvBknpmgnt cs*poth¥wtses fcff pg)k4e. Thè ))1￿1￿￿8 of Y￿ft9 Brtstcl hobj th? deeds to th88• prowties. Land & prop8rty at Clemerrt Str99L Br￿1 16. FIXED ASSET INVESThENTS Ll8*d &Nostrn•nt8 IIARKET VALUE At 1 Apth 2023 Disposats Revalua￿onI 25,450 {12,7661 19 Al 31 March 2024 12.665 NET BOOK VALLIE AI 31 2024 12. At 31 March 2023 no In¥•slment a¥sets outsid• the UK. Cosi cy valuatbn at 31 M¥th 2024 is rnkY88¢nknd iy. Llsled investments Valuafj￿ w12024 17. DEBTORS: AhlOUNTS FALLWG DUE ONE YEAR 2024 2023 Tr8de debtois Olhw débto PTep8JThents arwj acc*ued incuno 6.1 6S.000 35.326 100.Q26 39.790 Page 29 continued... 2024 CREDm)RS: AMOUNTS FALLING DUE hlTHW ONE YEAR 2Q4 2023 Trade creditors Swal Becurityand ott￿rIa￿e5 oth$r uedliors Deforned Sncome Accn*d •xp8ns•s 60.034 .214 1.321 8.582 1.359 30,825 41.591 finwcial year. The offwnt crThprtses ol". 2024 2023 30.825 19. MOVEMENT IN FUNDS Net Tr8rtsf8rs b•lween funds Al 31.3.24 At 1.4.23 rwJB Unrnstrlthd lund$ Genèral fvnd oes1wa￿ Fund 800.750 87.579 38.745 927,074 855.110 87,579 942.689 R••trlct•d funds Rlv8Nde Park 17.094 (9.0￿) 8.094 TOTAL FUNDS 950.783 Nel movemwt In in fo*7*ts: I￿)M￿9 resoLYces expended infw Uniestrictèd fvnds General lund 516,415 I428.8￿) 87.579 R•strScl•d fvnds RiveFsid8 Park Commercial ub Supporl Netwowk Headquarters abi {9.C Sl Silas CYP The Gfove at 88dThinster tknwn Page 32