b"Financial position Youth Works have had a successful year: Youth Works Community College continued to maintain partnerships with local Secondary Schools and the local authority and this together with the commitment from the Northamptonshire Integrated Care Board and Public Health for 2023/2024, means Youth Works Northamptonshire is financially secure for the nextfinancial year. In accordance with recommended practice, it is Youth Works Northamptonshire's policy to hold reserves equivalent to six month's running costs. The free reserves of 623,795( 2022: 432,282) held at 31st March 2023 are above this level, however we have exciting plans for 2023/2024, including the Keystone toilet & kitchen refurbishment, and so expect to bring the reserves in line with this Reserves Policy over the next 12 months. The trustees have assessed the major risks to which the Charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. To view the Full Annual Report & Unaudited Financial Statements for Year Ending 31/03/2023or the Reserves Policy, scan the QR code or contact Jane Rowley jrowley@youthworksnorthamptonshire.org.ukfor an electronic or printed copy."