Re istered number 02357828 Chari Number.. 1003644 Kashmir Youth Pro ect ort and Accounts 31 March 2025
Kashmir Youth Pro ect Trustees, Annual Re ort forthe ear ended 31 March 2025 The Trustees present their Report and Accounts for the year ended 31 March 2025, which also comprises the Directors, Report required by the the Companies Act 2006. The directors of the charitable company, {'the Charity,). are its Trustees for the purposes of charity law and throughout this report are collectively referred to as the trustees. Their responsibilities include all the responsibilities of directors under the Companies Acts and of trustees under the Charities Act. Public Benefit The Trustees confimi that they have referred to the guidan contained in the Charity Commission's general guidance on public benefft when reviewing the charitys aims and objectives and in planning its future activities. Kashmir Youth Project - the organisation: Kashmir Youth Project is a charitable company {Charity Registrats'on number 1003644) and a company limited by guarantee (registered number 02357828). Its governing document is the Memorandum and Artides of Association. The Registered Office is at Unique Enterprise Centre, Belfield Road, Rochdale. Lancashire, OL16 2UP Kashmir Youth Project - the trustees and directors: The Board of Trustees is responsible for the overall governance. management and control of the Charity- Charity Trustees and Directors: The Directors of Kashmir Youth Project are.. Shammsa Jabeen - Chair Abid Hussain Zahir Siddique Sohail Hussain- Treasurer Mr Mohammad Ejaz Ul-Haqq Faheem Chishti Mr Mohammad Habeebullah Mr Zaman Tahir Mr Saqlain Khalid Ghazalla Iqbal - appointed 121912024 The appointment of members of the Board of Trustees shall be reviewed every year using procedures set out by the Board of Trustees. Advisors: Accountants.. IAS Associates Ltd Unit 8 Cunningham Court Lions Drive Blad(burn Lancashire BB19SP
Kashmir Youth Pro ect Trustees, Annual Re ort forthe ear ended 31 March 2025 Kashmir Youth Project - aims and activities: Charitsble objects The Memorandum and Artides of the organisation state that the charitable objects are: To advance education and training generally. and in particular by providing training facilities for the acquisition and development of occupational skills and by providing work experience for a period (in each case) not exedIng years To provide facilities in the interests of social weware for recreation and leisure- time activities To ensure the establishment of a youth centre and to maintain and manage such a centre for activities prompted by the Project and its constituent bodies in furtherance of the above objects Review of Charitable Activities Fomiing part of this Annual Report. the Trustees present a separate review of charitable activities on the upcoming pages. Risk Management The Trustees have the responsibility for implementing a managed approach to risk management. Reserves Policy It is the opinion of the Board of Directors at the Kashmir YoLrth Project, it should hold financial reserves because.. (i) It requires protection against the ability to continue operating despite a significant delay in income streams., {ii) It requires protection should Kashmir Youth Project lose significant incomefftinding or have to cease its operations and fulfil contracted obligations- {iii) It requires protection against general business risks. fluctuations in income streams and unforeseen costs- The definition of financial reserve for this purpose is the amount of unrestricted reserves not invested in fixed assets. An annual review of reserves will be carried out in order to- Ensure current reserves are held with the current policy level Ensure the reserves level requirement continues to be appropriate after consideration of all financial risks and currenvfuture plans Ensure current budgets and future financial plans remain consistent with the reserves policy.
Kashmir Youth Pro ect Trustees, Annual Re ort forthe ear ended 31 March 2025 Statement of the Directors Trustees's Responsibilities The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Companies Act 2006. the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant ststutory regulations,the Charilies (Accounts and Reports) Regulab'ons 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees detemiined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounts'ng and Reporting by Charities) 2015 (as amended by the Bulletin issued in February 2016) . In particular, the Companies Act 2006 and charity law require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the finanaal year and of the surplus or defiat ofthe charity. In preparing those financial statements the Board is required to :_ - to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). select suitable accounting policies and apply them consistently., - make judgements and estimates that are reasonable and prudent., prepare the financial statements on the going conrn basis unless it is inappropriate to presume that the charity wll continue in business: and - state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial ststements. The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year. The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial posib'on of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularib'es. The Trustees are also responsible for the contents of the Trustees, report. and the statutory responsibility of the Independent Examiner in relation to the Trustees, report is limited to examining the report and ensuring that . on the face of the report, there are no material inconsistencies wrth the figures disclosed in the financial statements.
Kashmir Youth Pro ect Trustees, Annual Re ort forthe ear ended 31 March 2025 In so far as the Trustees are aware there is no relevant information of which the charitable companvs independent examiner is unaware., and - the Trustees have taken all steps that they ought to have taken to make themselves aware of any relevant information and to establish that the companvs accountants are aware of the information. Small Company The financial statements have been prepared implementing the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015 (as amended by the Bulletin issued in February 2016) and in accordan wtth the Financial Reporting Standard 102, (effective 1st January 20161 These financial statements have been prepared in accordan wtih the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime. Approval of this report This report was approved by the board of trustees on 14 August 2025 Shammsa Jabeen Chair
Kashmir Youth Pro ect Statement of Financial Activities for the ear ended 31 March 2025 2025 2024 Incomin resources from Grants and donations Project Income Diversity Awards Income Nursery Grants Nursery Income Rental Income enerated funds 153,918 308,046 11,000 214,395 3,750 173,523 30,229 252,640 149,739 15,968 170,933 864,632 6,150 619,509 3,773 Interest receivable Total incoming resources 870,782 623,282 Resources ex ended Charitable activities Governance costs Interest Payable 727,126 2,326 10,833 608,940 8,225 8,799 740,285 625,964 Net outgoing resources for the year 130,497 (2.682) Total funds brought forward at 1 April 2024 983,969 986,651 Total funds carried forward at 31 March 2025 1.114,466 983.969 There are no gains or losses other than those recognised in the Statement of Financial Activities All incoming resources and resources expended are derived from continuing activities The notes attached on pages 9 to 11 forni part of these accounts
Kashmir Youth Pro ect Inde endent Examiner's Statement Re ortando inion I report on the accounts of the company for the year ended 31 March 2025 Res ective res onsibilities of trustees and examiner As the charity's trustees of the Company land also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordan wth the requirements of the Companies Act 20061'the 2006 Act'l. 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 charity's accounts as carried out under section 145 of the Charities Act 2011 I'the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145151 {bl of the 2011 Act. The Charity's gross income exceeded £250,000 and l am qualified to undertake the examination because18 member of the Institute of Financial Accountants. 11 is my responsibility to.. examine the accounts under section 145 of the Charities Act, lo follow the procedures laid down in the general Directions given by the Charity Commission lunder section 14515llbl of the Charities Act, and lo state whether particular rnatters have come lo my allention Basis of Inde ndent Examinerfs Re ort My examination was carried out in accordance wth general Directions given by the Chartty Commission. An examination includes a review of the accouth'ng records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees Conrning any such matters. The prOdureS undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fairf view and the report is limited to those matters set out in the statement below.
Kashmir Youth Pro ect Inde endent Examiner's Statement Re ortando inion . accounting records were not kept in accordan wth section 386 of the Companies Act 2006,. or . the accounts do not accord with such records,. or the accounts do not comply with relevant accounts.ng requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a 'lrue and fairf view which is not a matter considered as part of an independent examination.. or .the accounts have not been prepared in accordan wrth the methods and prinaples of the Statement of Recommended practi for accounting and reporting by charities lapplicable to charities preparing their accounts in accordance wtth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. I have no concems and have come across no other matters in connection wrth the examination to which attention should be drawn in this reF)Ort in order to enable a proper understanding of the accounts to be reached. IAS Associates Ltd Lancashire BB1 2QX 14Au ust 2025
Kashmir Youth Pro ect Notes to the Accounts for the ear ended 31 March 2025 1 Accounting policies Incomin resources Donations and rants Income from donations and grants. including capital grants, is included in incoming reSoUrS when these are receivable except as follows' When donors spectfy that donations and grants given lo the charity must be used in future accounting periods, the income is deferred until those riodS. When donors impose conditions which have to be fulfilled before the charity becomes entitled lo use of such income, the income is defetred and not induded in incoming resources unb"I the pre- conditions for use have been mel. When donors specfy that donatsons and grants, including capitsl gains, are for particular reslricled purposes. which do not amount to pre-conditions regarding entitlement, this income is included in incoming reSoUrS of restricted funds when re1vab. Interest re1vable Interest is included when receivable by the charity- enditure All expenditure is included on an accnJals basis and is recognised when there is 8 legal or constructive obligation lo pay for expenditure. Al costs have been direcdy attributed to one of the functional categories of resour expended in the SOF Tan ible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful lrfe: Intsngible fixed assets are measured at cost less accumulative amorbsation and Plant and machinery 25% reducing balan Debtors Debtors are measured at their recoverable amounts at the balance sheet dale. Creditors Creditors and provision are measured and accounted for in accordance with usually accepted accruals principles. Taxation As a registered charity. the organisalion is exempl from income and corporation lax lo the extent that ils income and gains are applied Iowdrds the charitable objects of the charity and for no other purpose. Value Added Tax is not coVerable by the charity, and is therefore induded in the relevant costs in the Slalemenl of Financial Activities.
Kashmir Youth Pro ect Notes to the Accounts for the ear ended 31 March 2025 2 Charitable activities 2025 2024 Cost Of Sales". Nursery Costs Nursery Payroll Costs Stsff training & welfare 21.509 105.718 879 20,020 100,552 608 Employee costs". Wages and salaries Staff training and welfare Travel and subsisten 389,707 1,257 897 174,733 178 91. 174,91 UEC Premises Costs Rent Utility Light n Heat Cleaning & sundries 7,449 36.059 11.992 55, 17,661 37,420 11,020 Unity House Premises Costs Rent Utility Light n Heat Cleaning & sundries 1,200 1,488 5,252 2,253 1.552 6.150 2.937 General administrative expenses-. Telephone StationerylPrinting & Postsge Bank Charges Loan Interest Insurance Repairs Equipment Hire Dep'n Functions and catering IT & software Accountancy & Admin Fees 6.723 5.807 241 10.833 8,322 52.197 1,284 5,521 12.*3 25.180 6,394 2,709 1,122 7,917 6,534 26.957 6,674 16,453 8,450 7,025 Funded Project Costs". Project Costs Project Payroll costs Subconlracor Costs Diversity Awards Costs Other legal and professional 6.139 45,955 112,056 1,821 14.763 5,692 Total 737,
Kashmir Youth Pro ect Notes to the Accounts for the ear ended 31 March 2025 3 Governance 2025 2024 Accountancy 2.327 1,200 4 Tangible fixed assets Plant and machinery etc Land and buildings Total Cost At 1 April 2024 Additions At 31 March 2025 905.060 442.063 2.(1 444.124 1.347.123 2.¢1 1.349.184 905.060 Depreciation At 1 April 2024 Charge for the year At 31 March 2025 29,312 422.040 5.521 427.561 451,352 5.521 456,873 29.312 Net book value At 31 March 2025 875.748 16.563 892,311 At 31 March 2024 875,748 20,023 895,771 S Debtors 2025 2024 Trade debtors 15,199 26,720 6 Creditors: amounts falling due within one year 2025 2024 Trade creditors other taxes and social security costs Other creditors 7,358 8.315 18,427 34,100 9,898 6.715 47,688 64,301 7 Creditors: amounts falling due after one year 2025 2024 Bank loans 121,792 121,792 131,569 131,569 8 Other information Kashmir Youth Project is a private company limited by shares and incorporated in England. Its registered Offi is.. Unique Enterprise Centre Belfield Road Rochdale Lancashire OL16 2UP 10
Kashmir Youth Pro ect istered number: Balance Sheet as at 31 March 2025 02357828 Notes 2025 2024 Fixed asset5 Tangible assets 892,311 895,771 Current assets Debtor5 Cash at bank and in hand 15.199 362,849 378,048 26.720 257,348 284,068 Creditors: amounts falling due within one year 134,100) {64,301) 343.948 219.767 Total assets less current liabilities 1.236.259 1,115.538 Creditors- amounts falling due more than one year 1121,792) {131,5691 Total Net Assets 1,114,467 983,969 Funded by Unreslricled funds Restricted Funds 1.052,195 62,272 921,697 62,272 1,114,467 983,969 The directors are satisfied that the company is entitled lo exemption from the requirement to obtsin an audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit in accordance wrth section 476 of the Act. The directors acknoimedge their responsibilities for cOMp.ng wrth the requirements of the Companies Act 2006 with Spect lo a¢untIng records and the preparation of a¢nIs. The financial statements have been prepared in accordance wilh the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small c(Knpanies regime. Shammsa Jabeen Chair roved b the board on 14 Au ust 2025
Kashmir Youth Pro ect Detailed rofit and loss accourrt for the ear ended 31 March 2025 This schedule does not form rt of the slalu acGoun Sales Grants and Donalons Project Inwme Diversty Awards Income Nursery Grants Nursery Income Rentsl Income 153.918 308.046 11.000 214.395 3.750 173.523 864.632 30.229 252.640 149.739 15.968 170.933 619.509 Administrative 8xpen5e5 Nursery Costs 5.755 5.755 5.149 5.149 EoYee c05ts." Wages and Salaries Pensions staff training and welfare Travel and subsisten 485,445 10.840 2.135 897 499.317 383.566 4.432 768 178 388.944 Premises costs.. Rent utlity Light and heat CnIng and sundries Health & Safety 1.200 4.368 42.814 16.968 14.782 80.132 4.094 42.466 17.736 4.906 69.202 General administralve expenses.. Telephone ststionery and printrng Bank charges Insurance Equipment hire IT & Softhare Repairs an¢ maintenan DepciatIon Functions and Catng Donalons 6.723 9.369 241 10.001 1.284 23.330 60.697 5.521 12.963 6.394 5.673 240 6.026 36.000 6.674 130.129 68.972 Lal and professial costs.. Project Costs Accountancy fees Subconlraclor costs Accreditstion fees Diversity Awards Other legal and professional 6.139 2.326 1.821 59.269 8.225 2.591 782 14.763 3.101 73.968 25.049 729.452 617.165 Net out9olng re$our¢es for the year 135.180 Ad¢ Interest Received Less Loan Interest Paid 6.150 10.833 3.T13 8.799 12,6821 130.497 Total funds brought forward at 1 April 2024 983.969 986,651 Total funds carried fonvard at 31 March 2025 1.114.466 983.969 12