Our Annual Report - YouthNet

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Statement from the Chief Executive YouthNet turned 16, becoming the age of many of our beneficiaries. We were the first exclusively online charity and since then, digital technology has transformed our world. For 16 years, YouthNet has been using digital d opportunities to make a difference too young people’s lives. Even more than in 1995, today’s young people face challenges that can seem insurmountable. There is the danger of o creating a ‘lost generation’, where many are affected for years to come from f the impact of unemployment, potentially spiralling into debt, housing issues and depressions. At YouthNet, we believe we havee a collectivee responsibility to empower young people with the support, knowledge and skillss they need to be able to lead fulfilling lives and make positive contributions too our communities. Just as YouthNet identified 16 years ago, there remains a vital rolee for online resources r to complement offline, to ensure young people get the support s they need. A trusted and safe online space, available whenever and wherever they are, a can ensure they don’tt have to feel alone with what they are facing, particularly when other support is not available. The value of feeling connected, as seen with the growth of social networking, is mirrored by our own experience of the enormous value of peer-to-peer connectivity, soo young people can benefit from the help and advice of others like them - our online community on TheSite.org saw its 2 millionth post in the last year. Online is a vital source of information for all of us, and can enable young people to explore sensitive issues anonymously, as well as provide valuable signposting to further resources, so young people always feel theyy can take a next step or action to deal with what theyy are facing. With the challenges of finding a job, we have seen the key driver for young people accessing Do-iyear, we have completed a major re-development of Do-it D to improve the experience for to use volunteering to help them develop their skills and jobb prospects. In the last volunteers, including introducing skills search – enabling a volunteer to search for opportunities to develop specific skills to help them improve theirr chances of employment t. The re-development of Do-it has been a huge achievement by the teams involved, with our technical infrastructure completely updated, enabling search results to be threee times quicker, as well as enabling the servicee to continue to grow beyond our million registered volunteers and million opportunities to volunteer. Delivering our services has not been without challenges. We have focused on reducing our cost model whilst ensuring no impact upon our users, , as we build d new funding streams and shape our strategy for the future to engage new funders. We are really excited to be launching a fourr year partnership with Capital One too support young people, particularly around the issue of employability. Best wishes Emma Thomas Chief Executive 3
Trustees’ report The trustees, who are also directors for the purposes of company law, present their report together with the consolidated accounts of YouthNet UK (“YouthNet”) for the year ended 30 June 2012. The report has been preparedd in accordance with Parts 8 and 10 of the Charities Act 2011. The accounts have been prepared in accordance with w the accounting policies set out on pages 30 to 31 of the attached accounts and comply with h the charitable company’s Memorandum and a Articles of Association, applicable laws andd the requirements of the Statement of Recommendedd Practice on “Accounting and Reporting by Charities” issued in March 2005. STRUCTURE, GOVERNANCEE AND MANAGEMENT YouthNet is a company limited by guarantee and governed by its memorandum and articles of association. Structure and managemen t The Board comprises of the Chairman, Treasurer/Co ompany Secretary and seven others. The minimum number of trustees is three; there is no maximum. m Trustees have the power to appoint new trustees at any time, by passing an ordinary resolutionn at a meeting or by written resolution, in order to fill a vacancy, or as an additional trustee. . New trustees are given an induction pack containing key information on the organisation o and their responsibilitiess as trustees; they also spend time in the YouthNet office o familiarising themselves with the organisation and meeting members of staff. The following trustees and directors of YouthNet were in office at 30 June 2012, and served throughout the year except where shown: Appointed/resignedd Peter Cowley Julie Dawson Rupert Grey John Henry Martyn Lewis CBE (Chairman) Roger Martin (Treasurer / Company Secretary) Gary Pugh James Scroggs Aesha Zafar 4
Page 2 and 3: YouthNet UK Annual Report and Conso
Page 4 and 5: Reference and administrative inform
Page 8 and 9: Trustees’ report STRUCTURE, GOVER
Page 10 and 11: Trustees’ report ACHIEVEMENTS AND
Page 24 and 25: Trustees’ report PLANS FOR THE FU
Page 26 and 27: Trustees’ report FINANCIAL REVIEW
Page 28 and 29: Trustees’ report STATEMENT OF TRU
Page 30 and 31: Independent auditor’s report Opin
Page 32 and 33: Balance sheets as at 30 June 2012 N
Page 34 and 35: Principal accounting policies Year
Page 36 and 37: Notes to the financial statements Y
Page 38 and 39: Notes to the financial statements Y
Page 40: Notes to the financial statements Y

Our Annual Report - YouthNet

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