RAISE THE YOUTH FOUNDATION COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
07539861 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 1 September 2023

End date: 31 August 2024

RAISE THE YOUTH FOUNDATION COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 August 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

RAISE THE YOUTH FOUNDATION COMMUNITY INTEREST COMPANY

Directors' report period ended 31 August 2024

The directors present their report with the financial statements of the company for the period ended 31 August 2024

Principal activities of the company

The company's principal activity during the year continued to be the investment in young people and the community. The company is limited by guarantee.



Directors

The directors shown below have held office during the whole of the period from
1 September 2023 to 31 August 2024

Jason Steele
Elaine Bowes
Michael Abram


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
22 May 2025

And signed on behalf of the board by:
Name: Michael Abram
Status: Director

RAISE THE YOUTH FOUNDATION COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 August 2024

2024 2023


£

£
Turnover: 3,133,404 2,390,202
Cost of sales: ( 325,763 ) ( 360,604 )
Gross profit(or loss): 2,807,641 2,029,598
Administrative expenses: ( 2,738,495 ) ( 1,975,696 )
Other operating income: 27,000 63,247
Operating profit(or loss): 96,146 117,149
Profit(or loss) before tax: 96,146 117,149
Tax: ( 4,383 ) ( 17,568 )
Profit(or loss) for the financial year: 91,763 99,581

RAISE THE YOUTH FOUNDATION COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 159,992 74,561
Total fixed assets: 159,992 74,561
Current assets
Debtors: 4 487,136 225,672
Cash at bank and in hand: 318,309 370,553
Total current assets: 805,445 596,225
Creditors: amounts falling due within one year: 5 ( 506,390 ) ( 303,502 )
Net current assets (liabilities): 299,055 292,723
Total assets less current liabilities: 459,047 367,284
Total net assets (liabilities): 459,047 367,284
Members' funds
Profit and loss account: 459,047 367,284
Total members' funds: 459,047 367,284

The notes form part of these financial statements

RAISE THE YOUTH FOUNDATION COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 August 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 22 May 2025
and signed on behalf of the board by:

Name: Michael Abram
Status: Director

The notes form part of these financial statements

RAISE THE YOUTH FOUNDATION COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Plant and machinery 25% per annum Motor vehicles 25% per annum Leasehold improvements 10% per annum

    Valuation information and policy

    Debtors - Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. Creditors - Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

    Other accounting policies

    Taxation - A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

RAISE THE YOUTH FOUNDATION COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 56 39

    In addition to employees, there were also: 2024 2023 Agency / Subcontractors 5 6 Outsourced 3 3 Total 64 48

RAISE THE YOUTH FOUNDATION COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2023 0 313,008 70,040 383,048
Additions 106,919 38,091 145,010
Disposals
Revaluations
Transfers
At 31 August 2024 106,919 351,099 70,040 528,058
Depreciation
At 1 September 2023 0 238,447 70,040 308,487
Charge for year 10,692 48,887 59,579
On disposals
Other adjustments
At 31 August 2024 10,692 287,334 70,040 368,066
Net book value
At 31 August 2024 96,227 63,765 0 159,992
At 31 August 2023 0 74,561 0 74,561

RAISE THE YOUTH FOUNDATION COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Debtors

2024 2023
£ £
Trade debtors 457,861 180,652
Prepayments and accrued income 27,756 45,020
Other debtors 1,519
Total 487,136 225,672

RAISE THE YOUTH FOUNDATION COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 108,018 122,334
Taxation and social security 38,478 51,331
Accruals and deferred income 359,894 129,837
Total 506,390 303,502

COMMUNITY INTEREST ANNUAL REPORT

RAISE THE YOUTH FOUNDATION COMMUNITY INTEREST COMPANY

Company Number: 07539861 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

Raise the Youth Foundation Community Interest Company is committed to transforming lives by delivering comprehensive education and wellbeing programs for children and young people (CYP), their families, and communities. Through our core company offering an independently registered SEMH school - we bring together individuals, partnerships, communities, and industries. Our mission is to empower children and young people (CYP) by shaping their futures through education, training, and wellbeing services. Raise the Youth Foundation core business is Raise Education & Wellbeing School, a registered independent school providing specialised education and wellbeing services for children in the northwest of England. Our focus includes: - Independent, specialized SEMH education and wellbeing services for secondary school and college-aged CYP. We are dedicated to sustaining and growing these essential services to meet the needs of students, caregivers, families, and other key stakeholders. Educational Outreach and Inclusion Our Day 6 services for children excluded from mainstream schools in Bolton emphasize inclusion and reintegration. These children often face unmet mental health needs, disabilities, and learning difficulties. Our services include: - Identification - Assessment - Intervention - Education - Care - Integration - Safeguarding and wellbeing promotion Our holistic approach ensures accurate diagnoses for children with SEND, placing them in suitable provisions with the right level of professional support. Workforce Expansion and Local Investment To meet the rising demand for specialised education in the northwest and beyond, we have scaled up by: - Increasing the number of children, we support - Expanding our workforce - Recruiting local professionals for leadership roles - Hiring Greater Manchester locals as intervention support workers, practitioners, tutors, and trainee teachers We offer competitive salaries, often above the living wage, to attract and retain top talent. This investment strengthens our community-focused workforce and ensures the best outcomes for CYP and their families. Partnerships and Collaborations Our partnerships reflect our dedication to supporting more students and their families. Key collaborations include: - Working with Bolton at Home and private companies to secure local school and education buildings - Engaging in regional collaborations within the Northwest SEND framework - Participating in Bolton’s dynamic purchasing system for SEND and inclusion - Establishing agreements with Onside to utilize local youth zones - Supporting local SMEs by sourcing services and products - Partnering with local authorities and educational psychology services to address SEND and mental health needs Wellbeing and Psychological Services Development We are enhancing wellbeing and psychological services through partnerships with: - NHS therapeutic services - Bolton LA education psychology services - Horizon Psychology - Ladywood educational outreach services - Eqwise and Foxfield’s therapeutic horse riding These collaborations reduce accessibility gaps and waiting times for critical support. Professional Training and Workforce Development We prioritise workforce development by offering: - Professional training in specialised education and SEND - Trauma-informed education initiatives like Thrive - Career development training - Collaborations with leading educational institutions to share best practices We also provide placements, professional support, and CPD opportunities to prepare graduates and professionals for impactful careers. Enhancing Facilities and Professional Experience Opportunities As a key community stakeholder, we support local businesses and contractors by: - Developing spaces for education, skills, and support - Offering higher education student placements - Collaborating with colleges and universities to provide real-world experience in our specialised sector At Raise the Youth Foundation, every initiative is a step toward building a brighter future for SEND students, their families, and the wider community.

Consultation with stakeholders

Stakeholder Engagement Strategy Our organisation recognizes the vital role of engaging with our diverse stakeholders, including children, young people, families, local partnerships, neighbourhoods, commissioners, and staff teams. We are dedicated to fostering open communication and actively involving stakeholders in shaping our services. Below is an outline of our consultative approach: Pupil and Student Voice We prioritise the voices of our students by hosting R U Ok and Form group meetings, half-termly voice meetings. Additionally, school and college-based letter boxes are available for students to share their thoughts, feelings, ideas, or feedback directly with us. Education and Care Reviews We consult with students through various review processes, including Looked After Children (LAC) Personal Education Meetings (PEPs), LAC care placement meetings, and reviews for those with Educa-tion, Health, and Care Plans (EHCPs). One-on-One Engagements Every student, and their family is offered opportunities for one-on-one interactions with key workers and form teachers. These sessions provide a platform to express wishes, feelings, feedback, and sugges-tions for service design. Staff Collaboration We foster collaboration through employee forums, staff team meetings, and professional supervision sessions. These platforms encourage co-design of curriculums, services, and programs, ensuring staff voices are integral to our development. Impact Assessments To evaluate our work’s effectiveness, we use questionnaires and self-reports from children and parents. These tools help us gather feedback on improving our services and addressing the needs of local com-munities. At the leadership level, our Directors and management teams carefully analyze all collected data, feed-back, and insights. This ongoing process of reflection and evaluation enables us to make informed deci-sions, adapt strategies, and implement meaningful changes. We are committed to evolving with the needs of our stakeholders, ensuring our services remain impactful and relevant.

Directors' remuneration

The directors received remuneration of £418,448 (2023: £350,785) during the year. This includes gross pay of £284,719 (2023: £271,426) and employers pension contributions of £133,729 (2023: £79,348).

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
21 May 2025

And signed on behalf of the board by:
Name: Jason Steele
Status: Director