YOUNG DEVON

1. YOUNG DEVON 2007-03-13 → present
2. DEVON YOUTH ASSOCIATION 1996-08-21 → 2007-03-13

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Westcotts (SW) LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the trustees use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.”

Group structure

1. YOUNG DEVON · parent
   1. Young Devon Trading Limited 100% · UK

Significant events

• “Continued to develop new supported housing projects with one of four new flats ready for a young person, others due in 2025. Development on a 47-bed partnership project with Exeter YMCA has been slower than expected and will come online in 2025.”
• “Final stages of planning for new properties in Exeter to house young people, ready in 2025.”
• “Now own 12 properties (9 for supported accommodation, 3 for office space/rented to raise funds).”
• “Demand for wellbeing services remains high with up to 100 new young people weekly asking for help, adapting services to offer wellbeing conversations, single session therapy, social prescribing and mental health youth work.”
• “Developed services for young people experiencing crime and domestic abuse, with a new 'Empowering Voices' pilot project planned.”
• “Used DHSC funding to open a new YES centre in Barnstaple and extend services from Newton Abbot.”
• “Shortlisted for the 2024 Children and Young People Now Youth Work Awards in the Youth Work Project of the Year category for the 'In Reach' project, and subsequently chosen as winners.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +20.2%

  £4,912,789 → £5,903,258

• Cash

  +34.6%

  £546,245 → £735,459

• Net assets

  +12.8%

  £1,522,402 → £1,717,290

• Employees

  +7.5%

  159 → 171

• Wages

  +10.5%

  £2,923,308 → £3,229,326

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers