2024-03-31-accounts

Company number: 02350125 Charity NLJmber: 701285 The Market Place (Leeds) Report and financial statements For the year ended 31st March 2024

The Market Place (Leeds) Reference and administrative information for the year ended 315t March 2024 Company number 02350J25 Charity number 701285 Registered office and operational address 18A New Market Street, Leeds, LSI 6DG Trustees Trustees, who are also directors under company law, who served during the year and up to the date of this report were as follows: Peter Hall Jones Chair Martin Dickson Vice Chalr Ellen Horton Treasurer Chris Forrest Helen Murray Kirsty Wilson Jane Mischenko Rev Canon Paul Maybury Satbinder Soor Gerry Gillen Shabnam Anam Resigned 21st February 2024 Company Secretary Lisa Mulherin Chief Executlve Clerk to the Board Ren Blackwell Trustees who held title to property belonging to the charity during the reportlng period or at the date of approval were., None Key management Lisa Mulherin Chief Executive personnel Cath Higgins Finance and Admin Offlcer Bankers Unity Trust Bank Four Brindley Place, Birmingham Bl 2JB Independent Examiner Slade & Cooper Limited Greenfish Resource Centre, 46-50 Oldham St, Manchester, M4 ILE

The Market Place (Leeds) Trustees, annual report for the year ended 31st March 2024 st The trustees present their report and the unaudited financial statements for the year ended 31 March 2024. Included within the trustees, report is the directors, report as required by company law. Reference and administrative information set out on page I forms part of this report. The financial statements comply wlth current statutory requirements, the memoranclum and articles of association and the Statement of Recommended Practice Accounting and Reporting by Charities,. SORP applicable to charities preparing their accounts in accordance with FRS 102. Objectives and activities The objectives of The Market Place are.. a) To protect and promote the mental and emotional health of young people aged I I to 25 years and living in Leeds by providing, developing and maintaining free confidential information, support and counselllng service. b) To advance the physical, emotional and spiritual wellbeing of young people in Leeds by providing supportlve help to those aged 11 to 25 and In need. Actlvities The Market Place aims to support young people; a) With their physical, emotional and spiritual wellbeing b) To p￿vellt life experiences having a continuing negative impact on therr future c) To develop their own emotional resilience, feel good about themselves and make positive life choices d) To live safe and secure lives and attain their own goals e) To provide independent, directly accesslble and free services for young people in Leeds aged l 1 25 f) To provide city centre, city-wide support, information and counselling services to young people g) To provide a safe and young person friendly environment that supports young people's personal and social development h) To provide a range of one to one and group work services whlch are easily accessible, confidential and flexible to meet young people's individual needs Public Benefit The Trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning its future activities. In particular, the Trustees consider how planned activities will contribute to the aims and objectives that have been set. The trustees review the alms, objectives and activities of the charity each year. This report looks at what the charity has achieved and the outcomes of its work In the reporting period. The trustees report the success of each key actlvity and the benefits the charity has brought to those groups of people that it is set up to help. The review also helps the trustees ensure the charity's aims, objectives and activities remained focused on its stated purposes.

The Market Place (Leeds) Trustees, annual report for the year ended 31st March 2024 Achievements and performance The Market Place's charitable activities focus on young people aged l 1 25 years old who Ilve or study in Leeds and are undertaken to further the char(table purposes set out earlier in this report (on page 2 and page 3 above) for the public benefit. The Market Place supported 1,185 indivldual young people aged 11 - 25 years old during the financial year across all of our in-house services. The Market Place staff worklng on external contracts at Emerge and Mindmate Leeds added support to further young people, their parents and carers and professionals working with those young people in their roles. The charity's performance for the financial year ending 31st March 2024 is set out below for both Counselling and Youth Work Services. Counselllng Servlces st st In the financial year l April 2023 - 31 March 2024 counselling services at The Market Place were delivered by 16 part-time paid counsellors and 2 student placements, plus a counselling management team of 2 managers. 4,484 counselling sessions were offered from 12 weekly sessions to six months of support in length and 318 individual young people aged 11 - 25 benefited from that support. 250 Fast Access Counselling Support (FACS) sessions were offered and 61 individual young people benefited from that support. FACS consists of four, weekly 50 minute counselling sessions for a young person going through a personal crisis, Counselling contlnues to be delivered in a hybrld way with support available in person, over the telephone or by video depending on the young person's preferences. Youth Work Services 5t st In the financial year l April 2023 - 31 March 2024 youth work services at The Market Place were delivered by 6 paid youth workers, 5 volunteers and 2 managers who were 1.7 full time equivalent. The majority of young people who access The Market Place services do so through Drop In youth work support, in which a yaung person can talk to a youth worker or youth work volunteer for half an hour about any issue that is affecting their emotional and mental health. 3-in-I sexual health services are also delivered by our Youth Work team during Drop In opening hours. The 3-In-I service provides pregnancy testing, chlamydia and gonorrhoea testing, contraceptive advice and free condoms with the opportunity to talk to a youth worker for advice and support. Throughout the year our Drop In continued to be pre-booked via our website following feedback from young people that they p￿ferred to know that they had an appointment to see a youth worker at a set time. 1,438 Drop In support sessions were offered in the financial year. 470 individual young people received Drop In support in person and 243 individual young people received that support over the telephone. During the winter of 2023-2024 in response to the Cost of Living Crisis we worked with Leeds City Council through the Household Support Fund to provide supermarket vouchers to young people who

The Market Place (Leeds) Trustees, annual report for the year ended 31st March 2024 were not eating because there was not enough food at home. Vouchers were provided to young people through Dmp In or for those attending regular counselling sessions through our reception staff. 375 sessions of My Plan support were offered In the financial year. My Plan provides 8 weekly one-hour se55ions of support for a young person with an experienced youth worker. My Plan supports a young person to work through the reasons they are struggling with their emotional and mental health and helps them to develop their own plan to improve their wellbeing and coping strategies. 50 individual young people benefited from this support during the financial year. Flnally, 75 individual young people benefited from 39 group work sessions across the flnancial year. These sessions include themed workshops to understand sleep, anger or anxiety measures that young people can take to manage these issues in their own lives. Group work sessions also include the young people's participation group, SHOUT, which enables young people who have experience of using The Market Place Services to influence the way in which we work and the services we provide. Emerge contract The contratt for two experienced senlor TMP youth workers to Emerge, Complex Emotional Needs service to support young adults aged 18 - 25 years old was extended beyond the financial year because the Leeds and York Partnership NHS Foundation Trust were so impressed with the contribution the youth work team have made to their service. Beneficiaries of our services 1,185 unique young people aged 11- 25 were supported by The Market Place in the financial year l. Aprll 2023 - 31. March 2024. The characterlstics of the young people we supported are demonstrated in the equality and diversity data gathered from the young people who completed an equality monitoring form in the past year. The Market Place is proud to be a safe and Inclusive space for young people of any ability, gender, sexuality, faith, religion or ethnic identity. Thls information, showlng the reach of our services in Leeds, is set out visually in graphs and pie charts on the following pages. In addition to the information on the graphs we supported 13 young parents aged 14 - 24 years of age, 30 young carers aged 12 to 20 years old and 35 young people either in local authority care or who were care leavers during this financial year. Age Proflle of young people uslng our serv5ces Support focused primarily on the 11 - 18 age range funded through the NHS Leeds and Leeds City Council joint contract. That contract also provided funding for 19 - 25s who were care leavers or who had additional needs. A graph illustrating the age profile of young people using our services is at the top of the following page.

The Market Place (Leeds) Trustees, annual report for the year ended 31st March 2024 Age of young people using our services 1st April 2023 - 31st March 2024 14% 12% o io% 8% 0% 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 Age Gender proflle of young people using our services In common with most non-gender specific young people's emotlonal wellbeing and mental health services, the majority of our servlce users identified as female. A third of our servlce users however identified as male, with 30/0 identifying as non-binary and Iolo as gender fluld. Gender profile of young people using our services from 1st April 2023 31st March 2024 Gender Fluld Non-binary Male linc trans malel Female linc trans female) 10% 20% 30% 40% 50% 60% 70% Percentage

The Market Place (Leeds) Trustees, annual report for the year ended 31st March 2024 Ethnlc Identlty of young people using our servlces The ethnic diversity of young people accessing our services is set out in the pie chart below. 660/0 of the young people who completed this part of our EDI questionnaire identified themselves as White British. 70/0 identified as Asian (Indian, Bangladeshi, Pakistani or British), 50/0 as Black (African, Caribbean or British), a further 5010 identified as dual Black and Whlte heritage, a further 2 0/0 as being of dual Asian and White heritage and 40/0 identified as 'other heritage" most of whom gave Eastern European heritage in their own words. Ethnicity of young people using our services from 1st April 2023 - 31st March 2024 Any other white ethnic identity Black Gypsv Roma Chlnese White Irish Oual heritage A5ian/Whlte Dual herltage 8lack/White Other dual Not stated herita8 tLI Biltlsh Other herSta8e (mostly East European) Sexuallty of young people uslng our servlce We know from local survey data, collected by Leeds City Council's School Health and Wellbeing service in their annual My Health, My School survey, that rates of poor mental health are much higher among young people who are LGBTQ+ than amongst their heterosexual and cis-gendered peers. SEXUALITY OF YOUNG PEOPLE USING OUR SERVICES Asexual LGBTq+ 24% 2% Unsure 4% Decllned to answer 4% Heterosexual 63%

The Market Place (Leeds) Trustees, annual report for the year ended 31st March 2024 The Market Place is proud to be a safe space for young people who are LGBTQ+ to access support and the confidence that the young LGBTQ+ community has in our services is demonstrated in their representation (240/0) amongst our service users. Proportion of young people using our servlce who have a disablllty The annual My Health My School survey in Leeds demonstrates that young people with a disability also have higher rates of significant mental health concerns than their peers. 180/0 of young people accessing our support identified as having a disability. A further 60/0 were unsure if they had a disability (this group would include some young people who were awaiting an assessment for autism and ADHD) and a further 4010 did not want to say. Disability profile of young people using our service Don't want to say Unsure Do not have a dlsability Have a disabillty 0% io% 20% 30% 40% 50% 60% 70% 80% Financial review Expenditure of £682,358 (2023, £720,577) outstripped income of £606,243 (2023, £683,740) again in the financial year of I" April 2023 - 31st March 2024. This financlal year saw a final year of relative income stability for the charity through its main NHS ICB and local authority contract. Before the financial year ended the charity was advised that it had been unsuccessful in its bid for a new NHS IC6 contract, because commissioners were seeking early support services for more young people and chose to award that contract to a national provider instead. The loss of the NHS ICB contract was a huge blow to the charity's financial security looking forward and Trustees sought insolvency advice as they considered the charity's future prospects. It was recognised that the loss of 85 % of the charity's income could not be easily replaced, but a plan was approved to restructure the charity and work for its survival on a smaller scale in order for it to ontinue its vital work supporting young people in Leeds and enable it to rebuild over time. That plan included the establishment of a wholly-owned trading subsidiary to generate income for the charityi the appointment of fundraising consultants to identify and help to generate applications for foundatlon and trust grants that the charity would be eligible for and the creation of a crowdfunding campaign.

The Market Place (Leeds) Trustees, annual report for the year ended 31st March 2024 It was acknowledged that despite an over-reliance on one large source of income from the main NHS ICB and local authority contratt, the charity had been well managed financially and held sufficient reserves to maintain a smaller scale service whilst new sources of income were secured. Reserves policy The Trustees policy is that The Market Place should hold financial reserves (the Emergency Operating Reserve or EOR) because., a) Much of its funding Is from sources that are subject to fluctuation from year to year. The bulk of TMP funding is of a short-term (2 to 3 years) nature. The existence of the EOR secures the continuity of work as far as possible b) The EOR provides a level of protection which enables TMP to continue in the event of unexpected and potentially damaging events. Trustees revlewed the reserves policy and agreed that to sustain the charitable status of The Market Place it should retain its policy that the minimum level of the EOR should be in normal circumstances the equivalent of six month's salary costs calculated and reviewed annually. At 31st March 2024 the general unrestricted reserves after allowlng for the designated fund were £260,959 which represents more than 6 months of expenditure on salaries of TMP staff (2023: £332,789). Plans for the future In response to the slgnificant flnanclal challenge set out earlier in this report, The Market Place has restructured since the end of the financial year. It is diversifylng its income through grant and foundation trust applications, crowdfunding and crucially through the creation of a wholly owned trading subsidiary that will revert all proflts back into the charlty for the delivery of free Drop In youth work and counselling support for young people. From autumn 2024 The Market Place will be delivering its charitable services through this smaller structure to one thlrd of the number of young people it supported in 2023124. Structurei governance and management The Market Place is a charitable company limlted by guarantee, incorporated on 21st February 1989 and registered as a charlty on 7th March 1989. The company was established under a Memorandum of Association which established the objettives and powers of the charitable company and is governed under its Articles of Association. These were reviewed and updated in 2006 and with the help of Wrigleys Sollcitors were accepted by the Charity Commission for England and Wales. Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The total number of such guarantees at 31st March 2024 was £10 (2023., £10). The Trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

The Market Place (Leeds) Trustees, annual report for the year ended 31st March 2024 All trustees give their time voluntarily and receive no benefits from the charity. Any expenses claimed from the charity are set out in note 9 of the accounts. Recruitment and appointment of Trustees The management of The Market Place is vested in a Board of Trustees (who are also directors for the purposes of company law) and until otherwise determined by a general meeting the members of the board shall be between ten and fifteen Trustees who must include the following: a) The Rector of Leeds Minister or his/her representatlve (ex officio); b) A nominated appointee of the Bishop of Leeds (ex officio); c) An appointee of the Parochial Church Councll of Leeds Minster (such indivldual to be first approved by the Trustees) (the "PCC Tru5tee"),' and d) Up to twelve Trustees appointed by the Trustees In accordance with article 7.4 (the 'appointed trustees"). The Trustees are the members of The Market Place. The board will always seek to openly recruit members in accordance with The Market Place's equal opportunities policy. The Bishop of Leeds will continue to be responsible for administering the winding-up arrangements and disposal of assets in the event of The Market Place having to close. All new board members receive an induction into thelr roles and the work of The Market Place. In addition, new board members are paired with an experlenced board member for thelr first year in role who acts as a mentor for them. The board of trustees takes all strategic decisions for The Market Place and has ultimate responsibility for the finances of the organisation and safeguarding issues. The day to day runnin9 of The Market Place is delegated to a chief executive officer, Lisa Mulherin and the management team set out on page l. Related parties and relationships with other organisations The Market Place works in partnership with Leeds and York Partnership NHS Foundation Trust with two youth workers contracted to deliver support in their Emerge Complex Emotlonal Needs Service. The Market Place has a contract with Leeds Community Healthcare NHS Trust to provide a triage clinician role one day a week to the Mindmate Single Point of Access. The charity also works in partnership with the Alphabet Collective, an LBGTQ+ young people's peer support group and Gendered Intelligence, both of whom are hosted by The Market Place for group st St activities and off ice space respectively. Furthermore during the financial year l April 2023 - 31 March 2024 The Market Place hosted Leeds Mind's THRU young people's peer support group and up until it's closure on 31, March 2024 The Market Place also hosted the office of Leeds Bereavement Forum. The CEO of The Market Place stepped down frt)m her mle as a Leeds City Councillor in May 2023, shortly into the financial year that is covered by this annual report. The CEO is also the third sector representative on The Leeds Student Medical Practice and The Light Surgery Local Care Partnership.

The Market Place (Leeds) Trustees, annual report for the year ended 31st March 2024 Remuneration policy for key management personnel The pay and remuneration of all TMP staff including key management personnel is reviewed annually by the Board of Trustees before approving a budget for the financial year. Risk management The Board of Trustees has reviewed the major risks to which The Market Place is exposed and has put in place systems to mitigate those risks. Risks are monitored and updated at Board meetings and at Finance Committee meetings throughout the year. As stated earlier in this report Trustees took advice around the risk of insolvency and approved a plan th for the charity to downsize following the loss of the NHS ICB contract which ended on 30 June 2024, after the financial year set out in this report. The charity remains a golng concern and investment ha5 been made to secure new sources of income. Fundraising A number of individual donors made contributions to the charity and donations were also made from events run across the year by Tingley Methodist Church The charity appointed fundraising consultants from The Fair Collective at the end of the financial year covered in this report, to assist wlth diversifying our income, developing a plpeline of funding applications, a fundraising strategy and the drafting of funding bids to a range of trusts and foundations. Statement of responsibilities of the trustees The trustees (who are also directors of the charitable company for the purposes of company law) are responsible for preparing the trustees, annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to.. Select suitable accounting policies and then apply them consistently Observe the methods and prtnciples in the Charities SORP Make judgements and estimates that are reasonable and prudent State whether applicable UK Accounting Standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial Statements Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation io

The Market Place (Leeds) Trustees, annual report for the year ended 31st March 2024 The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's webslte, Legislation in the United Kingdom governing the preparation and dissemlnation of flnancial statements may differ from legislation in other jurisdictlons. Approval of the Trustees Annual Report Slade & Cooper Ltd were re-appointed as the charitable company's accountants at the Board's AGM on 17 September 2024 and have expressed their willingness to continue in that capacity. This report has been prepared in accordance with the provisions appllcable to companies subject to the small companies, regime of the Companies Act 2006. The trustees, annual report has been approved by the trustees on 05 behalf by 11 2024 and signed on their Chris Forrest Ellen Horton Chair of the Board of Trustees Treasurer li

Independent examiner’s report

to the members of

The Market Place (Leeds)

I report to the charity trustees on my examination of the accounts of the company for the year ended 31[st] March 2024 which are set out on pages 13 to 30.

Responsibilities and basis of report

As the charity 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 company’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 the company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, 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 that in any material respect:

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.

Jennifer Daniel FCCA DChA Association of Chartered Certified Accountants Slade & Cooper Ltd Beehive Mill Jersey Street Manchester M4 6JG

Date 14 November 2024

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The Market Place (Leeds) Statement of Financial Activities (including Income and Expenditure account) for the year ended 31 March 2024 Unrestricted funds Restricted funds Total funds 2024 Total funds 2023 Note Income from: Donations 10,946 10,946 3,927 Charitable activities 507,912 78,841 586,753 673,689 Other trading activitles 7,689 7,689 5,325 Investment income 855 855 799 Total Income 527,402 78,841 606,243 683,740 Expendlture on: Charitable activities 597,949 84,409 682,358 720,577 Total expenditure 597,949 84,409 682,358 720,577 Net Income/(expendlture) before net gains/(losses) on Investments (70,547) (5,568) (76,115) (36,837) Unrealised galns/(losses) on investments 2,175 2,175 (1,301) Net Income/(expendlture) for the year (68,372) (5,568) (73,940) (38,138) Transfer between funds (2,568) 2,568 Net movement In funds for the year (70,940) (3,000) (73,940) (38,138) Reconciliatlon of funds Total funds brought forward 362,294 3,000 365,294 403,432 Totsl funds carried forward 291,354 291,354 365,294 The statement of financial activities includes all gain5 and losses recognised in the year, All income and expenditure derive from continuing activities, A full comparative SOFA is available on the last page of the financial statements. 13

The Market Place (Leeds) Company number 02350125 Balance sheet as at 31 March 2024 Note 2024 2023 Fixed assets Tangible assets Investments 14 1,285 28,220 15 30,395 Total fixed assets 30,395 29.505 Current assets Debtors Cash at bank and in hand Is 29,072 359,156 72,823 413,902 Total current assets 388,228 486, 725 Liabillties Creditors: amounts falling due in less than one year (127,269) (150, 936) Net current assets 260,959 335,789 Total assets less current Ilabllltles 291,354 365,294 Net assets 291,354 365,294 The funds of the charlty: Restricted income funds Unrestricted income funds 18 3, 000 362,294 19 291,354 Total charlty funds 291,354 365,294 For the year In questlon, the company was entltled to exemption from an audlt under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities.. The members have not required the company to obtain an audit of its accounts for the year In question In accordance with section 476, The directors acknowledge their responsiblllties for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts are prepared in accordance wlth the special provisions of part 15 of the Companies Act 2006 relating to small companies and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company. The notes on pages 16 to 30 form part of these accounts. Approved by the tr stees on 05 11 2024 and signed on their behalf by: Chris Forrest (Chair of the Board of Trustees) Ellen Horton (Treasu rer) 14

The Market Place (Leeds) Statement of Cash Flows for the year ending 31 March 2024 Note 2024 2023 Cash provlded by/(used in) operating activitie 22 (55,601) (91,263) Cash flows from investing activities.. Dividends, interest, and rents from investments Purchase of tangible fixed assets 855 799 Cash provided by/(used in) Investing activlties 855 799 Increase/(decrease) in cash and cash equivalents in the yea r (54,746) (90,464) Cash and cash equivalents at the beginning of the year 413,902 504,366 Cash and cash equlvalents at the end of the year 359,156 413,902 15

The Market Place (Leeds) Notes to the accounts for the year ended 31 March 2024 Accountlng policies The principal accounting policie5 adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows.. a Basis of preparatlon The financlal statement5 have been prepared In accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reportlng Standard applicable in the UK and Republlc of Ireland {FRS 102), second edition October 2019 (Charities SORP (FRS 102)), the Flnancial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006 and UK Generallv AcceDted Accountina Practice. The Market Place (Leeds) meets the definition of a public benefit entity under FRS102. Assets and liabilities are inltially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note. b Preparatlon of the accounts on a golng concern basis The trustees consider that there are no material uncertalntles about the charitable company's ability to continue as a going concern. There are no key judgments which the trustees have made which have a signiflcant effect on the account5. The trustees do not consider that there are any sources of estlmation uncertainty at the reportlng date that have a slgnlflcant rlsk of causlng a materlal adjustment to the carrying amount of assets and liabilities within the next reporting period. 16

The Market Place (Leeds) Notes to the accounts for the year ended 31 March 2024 (continued) c Income Income 15 recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it Is probable that the income will be received and the amount can be measured reliably. Income from government and other grant5, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the fund5, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. For legacies, entitlement is taken as the earlier of the date on which either: the charity Is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the charity that a distribution will be made, or when a distribution is received from the estate, Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured rellably and the charlty has been notifSed of the executor's intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is a treated a5 a contingent asset and disclosed if material, Encome received In advance of a provlslon of a specifled service Is deferred until the criteria for income recognition are met. d Donated servlces and facllities Donated professional servlces and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time Is not recognlsed, refer to the trustees, annual report for more information about their contribution. On receipt, donated professional services and donated facilities are recognlsed on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economlc beneflt on the open market; a correspondi ng amount is then recognised in expenditure in the period of receipt. e Interest recelvable Interest on funds held on deposit Is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank. 17

The Market Place (Leeds) Notes to the accounts for the year ended 31 March 2024 (continued) f Fund accounting Unrestricted funds are available to Spend on actlvitles that further any of the purposes of charity, Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a speclfic purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity. g ExpendlturE and Irrecoverable VA T Expenditure Is recognlsed once there Is a legal or constructive obligation to make a payment to a third partyi It is probable that settlement will be required and the amount of the obliqatlon can be measured reliablv. Irrecoverable VAT Is charged as a cost agalnst the actlvlty for which the expenditure was incurred, h Operating leaseg Operatlng leases are leases In whlch the title to the assets, and the rlsks and rewards of ownershlp, remain with the lessor. Rental charge5 are charged on a straight Ilne basis over the term of the lease. l Allocatlon of support costs Support costs are those functions that 35SlSt the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, p3yroll and govern3nce costs which support the charity's programmes and activities. The charity's only activlty Is direct charitable activity and support Costs have been allocated to expenditure on charitable activlties. Tanglble flxed assets Indlvidual fixed assets costlng £1, 000 or more a re capitalised at cost and are depreciated over their estimated useful economic lives on a straight Ilne basis as follows.. Premises improvements Office fixtures and equipment 10 years 4 years k Flxed asset investments Investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date using the closing quoted market price. The statement of financial activities includes the net 9aln5 and losses arlsln9 on revaluation and disposals throu9hout the year. The Charlty does not acquire put options, derivatives or other complex financial instruments. 18

The Market Place (Leeds) Notes to the accounts for the year ended 31 March 2024 (continued) k Fixed asset investments (continued) The main fomi of financial risk faced by the chartty is that of volatllity in equity market5 and investment markets due to wider economic conditions, the attitude of investors to investment risk, and changes in sentiment concerning equitie5 and within particular sectors or sub sectors. l Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. m Cash at bank and In hand Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three month5 or le55 from the date of acquisition or opening of the deposlt or similar account. n Credltor$ and provlslons Creditors and provlslons are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally reco9nised at thelr settlement amount after allowing for any trade discounts due. o Flnanclal Instruments The charity has only financial assets and financial liabilities of a klnd that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. p Penslons The charity offers a defined contribution pension scheme to employees who are eligible through auto-enrolment with NEST. The charity ha5 no obligations under the scheme other than its contributions which are expensed as they become due. Legal status of the charity The charity is a company limited by guarantee registered in England and Wales and has no share capital. En the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The registered office add￿$$ is disclosed on page l. 19

The Market Place (Leeds) Notes to the accounts for the year ended 31 March 2024 (continued) Income from donations and legacies Current reporting perlod Unrestricted Restricted Total 2024 Total 2023 Donations 10,946 10,946 3,927 Total 10,946 10,946 3,927 Prevlous reportlng period Unrestricted Restricted Total 2023 Donations 3,927 3,927 Total 3,927 3,927 Income from charltable actlvltles Current year Unrestricted Restricted Total 2024 CCG/LCC Jolnt CommIss￿OnIng Leeds and York Partnership NHS Foundation Trust John Lewi5 Household Support Fund B&Q Foundation Trinity Grant Secondments BUPA Foundation 475,488 475,488 78,841 78,841 900 3,720 7,488 2,000 8,316 10,000 900 3,720 7,488 2,000 8,316 10,000 Total 507,912 78,841 586,753 Prevlous year Unrestricted Restrlcted Total 2023 CCG/LCC Joint Commissioning National Lottery Community Fund Leed5 and York Partnership NHS Foundation Trust Ifs Leeds Secondments Screwfix Foundation 473, 056 473,056 77,306 77,306 73,953 37,222 73, 953 37,222 7,152 5,000 7,152 5,000 Total 485,208 188,481 673,689 There were no unfulfilled conditions and contingencies attaching to the grants. 20

The Market Place (Leeds) Notes to the accounts for the year ended 31 March 2024 (continued) Fees and other income 2024 2023 Room hire 7,689 5,325 7,689 5,325 All income from other trading activities is unrestricted. Investment Income 2024 2023 Income from investments 855 799 855 799 All income from investments is unrestricted. Analysls of expendlture on charltable actlvltles Total 2024 Total 2023 Staff costs Accommodation Training and supervision Travel and volunteer expenses Administration Project costs Depreciation 541,388 73,684 23,207 6,906 35,773 115 1,285 552,408 71,052 21,671 4,013 38,498 260 32,675 682,358 720,577 All support costs have been allocated to d1￿ct charitable actlvity. 2024 2023 Restricted expenditure Unrestricted expenditure 84,409 597,949 205,481 515,096 682,358 720,577 21

The Market Place (Leeds) Notes to the accounts for the year ended 31 March 2024 (continued) Net income/(expenditure) for the year 2024 2023 This is stated after charging/(crediting)'. Depreciation Operating lease rentals: property 1,285 34,141 32,675 34,140 Independent examlner's remuneratlon 2024 2023 Independent examiner's remuneration., Accountancy Independent examination 1,700 500 1,700 500 2,200 2,200 10 Staff costs 2024 2023 Wages and salarles Soclal securlty costs Employer's pension contributions Payroll bureau fees 501,101 27,180 8,033 5,074 507, 902 32,064 8,013 4,430 541,388 552,409 No employee has employee benefits in excess of £60,000 (2023., NII). The average number of staff employed during the period was 32 {2023: 32). The average full time equivalent number of staff employed during the period was 17 {2023', 18}. The key management personnel of the charity comprise the trustees and the Chief Executive. The total employee benefits of the key management personnel of the charity were £49,241 (2023,, £48,313). 11 Trustee remuneratlon and expenses, and related party transactions Neither the trustees nor any persons connected with them received any remuneration during the year (2023.. Nil), No trustee received travel and subsistence expense5 during the year (2023: £nil). There are no donations from related parties. No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity, including guarantees, during the year. 22

The Market Place (Leeds) Notes to the accounts for the year ended 31 March 2024 (continued) 12 Government grants The government grants recognised in the accounts were as follows.. 2024 2023 CCG/LCC Joint Commissioning CCG Fast Access Counselling NHS West Yorkshire ICB (Previously Leeds CCG) 474,488 473,056 73, 953 37,222 474,488 584,231 There were no unfulfilled conditions and contingencies attaching to the grants. 13 Corporatlon tax The charity is exempt from tax on income and gains falling within Chapter 3 of Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applled to Its charitable objects. No tax charges have arlsen in the charity. 14 Flxed assets: tangible assets Leasehold mprovements Office equipment Total Cost At l April 2023 Additlons Disposals 312,663 16,977 329,640 At 31 March 2024 312,663 16,977 329,640 Depreciation At l Aprll 2023 Charge for the year Dlsposals 312,663 15,692 1,285 328,355 1,285 At 31 March 2024 312,663 16,977 329,640 Net book value At 31 March 2024 At 31 March 2023 1,285 1,285 23

The Market Place (Leeds) Notes to the accounts for the year ended 31 March 2024 (continued) 15 Investments 2024 2023 Market value at the start of the year Additions Add net gain/{ loss) on revaluation 28,220 29,521 2,175 (1,301) Market value at the end of the year 30,395 28,220 Investments at fair value comprlsed.. Equities Fixed interest securltles 21,757 8,638 19,952 8,268 30,395 28,220 Investments are all carried at falr value and are all traded in quoted public markets. 16 Debtors 2024 2023 Trade debtors Prepayments and accrued Income 18,095 10,977 47,828 24,995 29,072 72,823 17 Creditors: amounts falling due within one year 2024 2023 other creditors a nd accruals 127,269 150, 936 127,269 150,936 24

The Market Place (Leeds) Notes to the accounts for the year ended 31 March 2024 (continued) 18 Analysis of movements in restricted funds Balance at l April 2023 Balance at 31 March 2024 Current year Income Expenditure Transfers Crematory Management Leeds and York Partnership NHS Foundation Trust 3,000 (3,000) 78,841 (81,409) 2,568 Total 3,000 78,841 (84,409) 2,568 Restricted fund Descrlption. nature and purposes of the fund Crematory management income generated through the recovery of special metals and donated to support the bereavement service. Funding the secondment of youth work staff to the Complex Emotional Needs Service, (EMERGE) previously known as the Leeds Personallty Disorder Managed Clinical Network. Crematory Management Leeds and York Partnership NHS Foundation Trust 25

The Market Place (Leeds) Notes to the accounts for the year ended 31 March 2024 (continued) 18 Analysis of movements in restricted funds (contd) Balance at l April 2022 Balance at 31 March 2023 Previous year Income Expenditure Transfers The National Lottery Community Fund Crematory Management Leeds and York Partnership NHS Foundation Trust NHS WEST YORKSHIRE ICB (Prevlously Leeds CCG) 5,000 77,306 (82,306) 15,000 (12,000) 3,000 73, 953 (73, 953) 37,222 (37,222) Total 20,000 188,481 (205,481) 3, 000 26

The Market Place (Leeds) Notes to the account5 for the year ended 31 March 2024 {continued) 19 AnalysFs of movement In unrestrlcted funds Balance at l April 2023 Transfers/ revaluation Asat31 March 2024 Current year Income Expenditure General fund Investment reserve Designated fixed assets fund 332,789 28,220 529,577 (597,949) {3,458) 2,175 260,959 30,395 1,285 (1,285) 362,294 529,577 (597,949) (2,568) 291,354 Unrestrlcted fund Descriptlon, nature and purposes of the fund General fund The free reserves after allowing for all designated funds. Investment reserve This represents the value of Investments held and are excluded from free reserves as they are not immediately avallable to spend on charltable objectives. Designated fixed assets fund The premlses and equipment a￿ essentlal for the future operatlon of the charlty and so are excluded from free resetves. Balance at l April 2022 Asat31 March 2023 Transfers/ valuatlon Prevlous year Income Expenditu General fund Designated fixed assets fund Revaluation reserve 319,951 493, 958 (515,096) 33,976 332, 789 60,836 2,645 (32,616) (1,360) 28,220 1,285 383,432 493,958 (515, 096) 362,294 27

The Market Place (Leeds) Notes to the accounts for the year ended 31 March 2024 (continued) 20 Analysis of net assets between funds General fund Designated funds Restricted funds Current year Total Tangible fixed assets Fixed asset investments Net current a55ets/(liabilities) 30,395 30,395 260,959 260,959 Total 260,959 30,395 291,354 General fund Designated funds Restricted funds Prevlous year Total Tanglble fixed assets Fixed asset investments Ivet current assets/{/iabl//t/es} 1,285 28,220 1,285 28,220 335, 789 332, 789 3,000 Total 332, 789 29,505 3,000 365,294 28

The Market Place (Leeds) Notes to the accounts for the year ended 31 March 2024 (continued) 21 Operating lease commitment5 The charity's total future mini mum lease payments under non-cancellable operating leases is as Property Property 2024 2023 Less than one year One to five years Over five years 39,750 168,000 411,000 39,750 168,000 450, 750 618,750 658,500 22 Reconclllatlon of net movement in funds to net cash flow from operating actlvitles 2024 2023 Net income/(expenditure) for the year Adjustments for: Depreciation charge Donatlon of investments (Ga ins)/losses on Investments Dividends, Inte￿St and rents from investments Decrease/{i ncrease) in stock Decrease/(i ncrease) in debtors Increase/(decrease) in creditors (73,940) (38,138) 1,285 32,675 (2,175) (855) 1,301 {799} 43,751 (23,667) (62,272) (24,030) Net cash provlded by/(used In) operatlng actlvltles (55,6011 (91,263) 29

The Market Place (Leeds) Statement of Financial Activities (including Income and Expenditure account) for the year ended 31 March 2023 Unrestricted funds Restricted funds Total funds 2023 Total funds 2022 Note Income from.. Donations 3,927 3,927 22,194 Charitable activities 485,208 188,481 673,689 589,318 Other tradlng actlvlties 5,325 5, 325 4,049 Investment income 799 799 810 Total Income 495,259 188,481 683,740 616,371 Expenditure on.. Charitable activlties 515,096 205,481 720,577 666,031 Total expendlture 515,096 205,481 720,577 666,031 Net income/(expenditure) before net gains/(losses) on Investments (19,837) (17,000) (36,837) (49,660) Unrealised gains/(losses) on investments (1,301) (1,301) 627 Net income/(expendlture) ftir the year (21,138) (17,000) (38,138) (49,033) Transfer between funds Net movement In funds for the year (2J,138) (17,000? (38, 138) (49,033) Reconclllatlon of funds Total funds bmught forward 383,432 20,000 403,432 452,465 Total funds carrled forward 362,294 3,000 365,294 403,432 30