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← General Meeting of Young Friends in Britain

2024-12-31-accounts

Charity Number: 1064763 .

ANNUAL REPORT, INCLUDING FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER

2024

CONTENTS
Contents
1
Aims and Purposes of the Charity
2
Objectives and Activities
2
Structure, Governance and Management
3
Collective Decision-Making
3
Roles and Appointment Process 3
Trustees
3
Achievements and performances
4
Gatherings
4
Special Interest Groups
5
Trustee Reforms
6
Publicly Living Our Values
6
Financial Review
7
Declarations
7
Financial Accounts 8

1

AIMS AND PURPOSES OF THE CHARITY

Young Friends General Meeting (YFGM) is a registered charity which provides a national community to young adults (individuals of 18 to 35 years of age) who are members or attenders of the Religious Society of Friends (Quakers) or individuals who are interested in the principles and practices of Quakers.

The overall aim of YFGM is the advancement of religion in accordance with the principles and practices of the Quakers. As part of this work, we seek to advance any corporate concerns adopted by our meeting, and charitable objectives, as defined by the charity commission, undertaken at the discretion of the meeting.

Through a shared life and worship YFGM seeks to give our members a space to explore and develop our faith, and our ways of living out the principles and testimonies of Quakerism in practice; equality, peace, simplicity and integrity.

OBJECTIVES AND ACTIVITIES

The principal objective of Young Friends General Meeting is "The advancement of religion in accordance with the principles and practices of the Religious Society of Friends, commonly called Quakers".

The primary activity of YFGM is the running of three residential weekends a year, predominantly within Quaker meeting houses around the UK. In these meetings, attendees gather to worship together, attend sessions led by external speakers and special interest sessions, discuss and work on concerns that members hold, develop their spirituality, talk about their experience of the divine, socialise and build community and attend the business sessions. The business meetings keep the General Meeting running and allow it to serve its function as a representative body within Britain Yearly Meeting, the overarching organisation of the Religious Society of Friends in Great Britain.

Special interest meetings and more informal gatherings supplement these residential meetings. Through the activities of the General Meeting, our members help one another to deepen their understanding of Quakerism, and to live out the Quaker testimonies of equality, simplicity, integrity and peace. When planning our activities, the trustees maintain a level of oversight to ensure public benefit is considered, in line with the Commission’s guidance on the benefit created by charities for the advancement of religion.

2

STRUCTURE, GOVERNANCE AND MANAGEMENT

COLLECTIVE DECISION-MAKING

As Quakers, the members of YFGM share responsibility for the wellbeing of the community. Major decisions which concern the life and projects of the meeting are undertaken by the General Meeting in accordance with the Quaker Business Method described in Chapter 3 of our church's book of discipline, Quaker Faith and Practice. Young Friends assemble in silence and stillness and seek to discern what the community should do.

We have specific weekends dedicated to the planning of YFGM business meetings, usually six weeks before the relevant general meeting: any member of the community may bring an item of business to a planning weekend for threshing (consideration). YFGM encourages all members to take an active part in meetings for worship for business; the procedure and its spiritual and practical background is talked through, and actively taught, at every general meeting, so that every attender may understand it and take a full part in the process.

ROLES AND APPOINTMENT PROCESS

YFGM functions with the support of its members that serve within roles voluntarily to help achieve the organisation's aims and objectives and support work to hold three residential gatherings a year on behalf of the community.

Current committee areas that members currently serve in include:

The process by which members are appointed to roles within each of these committees are in accordance with the principles and practices of the Religious Society of Friends. Appointments to and releases from roles shall be made by minute of the General Meeting. The charity in general meeting shall appoint a Nominations Committee. The Nominations Committee shall be responsible for bringing forward nominations to appointments due to be made by the General Meeting. The members at a general meeting need not accept the nomination made by the Nominations Committee, but may make any appointment they deem fit.

TRUSTEES

Trustees are appointed by YFGM to maintain a strategic vision for YFGM and ensure that YFGM complies with relevant legal obligations, reporting duties to the Charity Commission of England and Wales, and is acting within YFGM’s constitution.

3

Their work can include period review of policies to ensure legal compliance, signing off policies and the budget to be presented to the Meeting, representing the charity to Britain Yearly Meeting and other charity bodies. Trustees can also convene in emergencies of the Meeting where there is no policy in place, and make decisions on behalf of YFGM that may need to be made between general meetings.

Trustees are appointed via a process in accordance with the principles and practices of the Religious Society of Friends as detailed in the “roles and appointment process” section of this report, found above.

As of 19th of May 2025 the trustees are:

The following trustees served within the reporting period (1st January 2024 to 31st December 2024):

ACHIEVEMENTS AND PERFORMANCES

GATHERINGS

In 2024 we held three gatherings in York, Liverpool and Brighton with accompanying planning weekends.There was an increased number of Friends joining us at each gathering than we have seen in recent years. In February 83 of us met at Friargate Meeting House in York. This general meeting included worship and discernment on how we bear witness to the escalation of conflict in Palestine. The resulting minute (2024.02.10) emphasises our commitment to standing with Friends and others who are working towards peace and holding hope for the future as well as those speaking out against injustice - resisting and opposing genocide.

In May 71 Young Friends met for the general meeting in Liverpool. There was a focus on working with other Quakers, coming from a place of feeling confident in our community. We discussed how we might best work with the Future of British Quakerism Conference that would coincide with our next general

4

meeting. Sessions around the proposed changes to marriage declarations helped us feedback to Meeting for Sufferings our communities leadings on the topic. We committed to continuing to support European and Middle Eastern Young Friends (EMEYF) and work together to build community together where we can.

The October general meeting was held in Brighton and attended by 78 people. We continued to hear of work that connects us to the wider quaker community from representatives who attended Friends World Committee for Consultation (FWCC) World Plenary in South Africa. We created the role of Assistant Treasurer to support the finance committee. There was some disruption to meeting for worship on Sunday, though overall this was a joyful weekend of intentional community and friends enjoyed trips to the sea between light amounts of business.

SPECIAL INTEREST GROUPS

YFGM continues to celebrate our member’s voluntary contributions to special interest group activities which run during our gatherings. In 2024 these included twenty which were formally recorded:

We thank everyone who facilitated these sessions for us.

==> picture [455 x 32] intentionally omitted <==

5

PUBLICLY LIVING OUR VALUES

We had a moving worship session in York that led to a minute reflecting our sense of horror at the ongoing genocide in Palestine and our care and sorrow for the victims of this conflict. The minute reads, in part, “As we go forward we will strive to do what we can, how we can, to work for peace. We recognise the value of hope in complementing the actions we take for peace - of keeping our faith that, one day, “freedom from the scourge of war will … be brought about through the faithfulness of individuals to their inmost convictions” .” This was followed by a SIG that allowed Friends to meet with others local to them to practice this contemplation on how we can act for a more peaceful world.

In 2024 YFGM had many valuable links with the wider Quaker community. Role holders and nominated representatives gave reports on their work with; Quakers in Yorkshire, European and Middle Eastern Young Friends (EMEYF), Meeting for Sufferings (MfS), the Future of British Quakerism Conference, and the Friends World Committee for Consultation (FWCC) World Plenary.

Some members of YFGM were in dialogue with Quaker Concern Over Population (QCOP), facilitated by BYM. They advocated that anti-racism be embedded in QCOPs work and reported to YFGM their reflections from these conversations.

YFGM responded to MfS consultation about the proposed changes to the declarations made as part of the Quaker marriage process - noting that “as young Friends this is a matter that affects us, and that this will be a choice that many of us are considering or will be in the future.”.

In May we decided that to manage the challenges of the Future of British Quakerism conference dates clashing with October's YFGM we would engage with the Conference through sending representatives and by inviting a facilitator from their conference to work with us. This was a challenging decision, balancing how best to serve our community in the present while wishing to contribute to the discussion about our futures. In October some of the conference workshop themes were mirrored at YFGM’s weekend. The evening talk from Rhiannon Grant was also streamed live at YFGM.

YFGM appointed our Co-Clark Hannah Stranex as one of BYMs representatives to the FWCC World Plenary. She reported back to us about the theme of ubuntu and the diversity of Quaker experiences brought together at the event. A “World Executive Committee of Young Adult Friends” was formed and stronger links were made among Friends from around the world.

FINANCIAL REVIEW

YFGM ran a deficit of £10,928 for 2024. While this represents a significant decrease from previous years due to increased expenditures, it's important to remember the context. YFGM took on additional paid admin support in 2024, as well as an increase in the accessibility bursaries we provided to allow disabled

6

members to be able to attend YFGMs. This is an important function of our Equality testimony and being able to assist those who would not otherwise be able to attend strengthens our community.

YFGM is committed to responsible financial stewardship. We are grateful for the continued support of our members and Friends, whose generous donations helped maintain a steady level of income throughout the year. Our fundraiser has been working to ensure our financial growth in the coming years, applying for grants and encouraging donations from Quakers across Britain. Our fundraiser has been instrumental in our grants increasing from £12,551 to £17, 135, our individual donations saw an increase of 2,451.

YFGM is fortunate to have healthy reserves of £84,724, with no restricted funding. This strong financial position allows us to look towards the future with confidence. Guided by Quaker principles of discernment and care for the community, the trustees are committed to using these surplus funds thoughtfully and for the enduring benefit of young Friends.

DECLARATIONS

The trustees declare that they have approved the trustees’ annual report above.

Signed on behalf of the charity’s trustees:

Signature:

Full Name: Georgia Campbell

Position: Convenor of Trustees / Finance Trustee/ Charity Commission Contact Date: 02/10/2025

FINANCIAL ACCOUNTS

7

Notes to the Financial Statements

Statutory Information

8

Statutory Information

Young Friends General Meeting of the Religious Society of Friends (Quakers), commonly known as Young Friends General Meeting or YFGM, is an unincorporated charity registered with the Charity Commission for England and Wales as charity no. 1064763

The registered office address is YFGM Office, Friends House, 173 Euston Road, London NW1 2BJ.

Note 1. Accounting Policies

Young Friends General Meeting constitutes a public benefit entity as defined by FRS102.

9

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

"The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard

applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP), and with the Financial Reporting

Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and with the Charities Act 2011."

1.2 Going concern

These accounts have been prepared on the going concern basis. The trustees consider that, in view of the charity's significant cash reserves and forecasts for the next twelve months, there are no material uncertainties as to the charity's ability to continue as a going concern.

1.3 Income

Income is recognised in the Statement of Financial Activities (SoFA) in the period in which the charity is entitled to receipt; it is more likely than not to be received; and where the amount can be measured with reasonable certainty.

There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the Charities SORP or FRS102.

The charity has received no government grants during the reporting period, or in the prior reporting period.

The value of voluntary help received is not included in the accounts but is described in the trustees' annual report.

1.4 Expenditure

Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

10

Expenditure is included in the statement of financial activities when incurred and is inclusive of VAT.

1.5 Assets

Tangible fixed assets for use by the charity are capitalised if they can be used for more than one year, and cost at least £500. They are valued at cost and depreciated on a straight-line basis over their estimated useful economic life.

The charity does not at present hold investments.

The charity does not at present hold stocks held for sale.

Stocks held for distribution as part of charitable activities are recognised where the value of the line of stock at purchase exceeds £500, and are measured at net realisable value based on the service potential provided by items of stock.

Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount. Subsequently, they are measured at the cash or other consideration expected to be received.

11

Note& EX￿￿d￿Ule 24 Funds Funds Funds Totsl Funds £21363 £0.00 £0.00 £000 £ODD charfIab￿Ath￿9E.. £17,158 £6.DBOOD £6.76874 £4500D eooo £000 £9.507 75 £2.6TO 52 £3.557 65 £299 00 £000 £000 £9.507 7$ £2.OTO 52 £3.55T 65 £299 00 pthnnthc costs £6.f80 00 £6.768 78 f4.620 00 £1.QOO 00 £000 £000 Plov￿0￿ olBur3BriB 018ntm8king Excoptional R8¥iisa T(tsi £000 £0.00 £000 £DOO .£938 20 £11102.77 £3?211.39 E4,110.00 £J6AII.39 E15,102.13 'Reiga69 OCCNalt¢r Oykl ￿¥0￿5 Not6'. D¢btorn 24 Rqgtrfcted Fund$ 2023 Restrth Fund8 iknrBgtilctqd F￿￿& Totsl Fundi Ptyymvnt¥ Oth81 Debtor Tc4•1 £92 83 iooo £000 co.00 £92 83 ¢95.22 £000 SW £000 £9522 £91.83 o.fy) F9523 In6uw¢g-pio T3th io covgrpgrknd Exp•ns• WuB- P41a In 4ov4nc• £82 83 .BJ Ncrt•7.. Ct•dlt 2021 irfct•d Fund• 23 R+itr￿9d Fu Unr••wktgd Total Lknr••tilct4d Fuid• Totsi £2.024 95 fooo £000 £000 Cf>. 12.024 95 £000 £W2 51 £000 £000 AIIuBlm•Dtlo 2023A¢couDts £72 24 £000 £574.75 £ODD EB74.75 £3.OX.95 CJ,024.95 Tr•do fK¢iuJI £5th).QO £1.NOQ Gfft Ormongy ior EMEYF PW Exp8n5• c￿1￿ Oct 2024 FOBQC Expefflse Clgim Oct 2024YFGM Exp•ns+ C￿lMI £e87 1Q £3.024.95 ID Iho vbDWq lab￿. tht£72.24 4diusim•DI lo 2023 In¢ludos a credrtDI amounl Ih•l snouid hiwo boon 2023•¢counl¥. Mo¥•Mntlnfvnd• (eurMnt￿rl024I TranslwÈ, AtJl Al 1 Jttn￿ry 3)24 EXP*￿￿￿• 2021 RestyktsdfuThla Yèimy Mèèt￿9 Outr•a¢fi Or4nt Ntrrth E851 Th9￿08 Quak41 Tlu £14.484 85 £000 £000 £0.00 -£14.484 95 £000 fooo T<Mlll r@Btilct8d lund• É18.654.85 ÉO.fN) 14.4BI.BS £O.OD 12

£25 51257 £14 48485 TOt41un￿¥illrlCdfvr YJS.1fj QS51RS1 J2.RTI C1148IM5 c￿,￿4.15 ToTallund É9&852. S512.5F J&44139 Éom ÉU,724.iJ A11Jan aalrt&and lo¥¥e 2D23 Br￿aiN Yèarly Giifit NOthE&stThaM￿ QupkorTwl fl 17000 tooo £IW9.33 215 I￿5.52 Éooo T<alr48trfctodtundi £om E18,651J5 415 1749ts 1S1T4.% EOOO om £76.990 10 £F6,99a.10 T<Alunmitrkkdfvrls 1&101.45 É9?.510.Y É1I316J7 1S174JS Éo É95,W.gS TMgli¥bYJS r￿Ill￿D￿ Mihiswil Jbillh•gianlw•¥ prO¥thdtotscilliliYFO￿'y ouh•icMwfO¥n In Ihmo¥•m•rtlnfvndsToriMv•thusv••i12Q7?Ity or-Int•iistR•¢•W•fVWW•¢ty h•• ￿l￿•(￿l•nIVMI1?O24I b•¢n¢tyTrbth•dwlthtr•BYPA Wli•¥h orJTri NO tyUil•4 T•CèWèO Mnumoi•)on IDr•ip9ctorBwwi¢￿Ory4ft1¥ tyu61•4 In2021 Th• I￿111￿ 410 ippD￿l￿ Iiom Dmongth•rn•mbw5hpolthi ch•nty. •nd M iu£h4M imongth•t•MncwnHolth•ch•thy Tru$io•i •nirtièo ID i•knDur&¢m¢ni hicuirofj iThbJliiino InoY4uty¢F, Inc￿11￿￿ ¢￿t01ty￿vOIn0tOYF0Trl ov¢n16. AdOrJMaity, bui64i&t¢ Tha￿9￿1¥91?￿l 1￿mM00110￿ In 2014. lh• iM￿￿ttl￿bU15lld wai£2.14010 5 truilHs 12023 £3e6to I Iiuil•HI Don•tyon6 l•¢*Vrt wthoui ¢tyioNoni Iw¢iNi ourN N y••rw•r•¢1e51202J.' ¢1401- 13

Young Friends General Meeting of the Religious Society of Friends Young Friends General Meeting of the Religious Society of Friends Young Friends General Meeting of the Religious Society of Friends Young Friends General Meeting of the Religious Society of Friends Young Friends General Meeting of the Religious Society of Friends Young Friends General Meeting of the Religious Society of Friends
Charity Number: 1064763
Accounts for theyear to 31.12.2024
Statement of Financial Activities(at 31.12.2024)
2024
~~Unrestricted~~
~~Restricted~~		 2023
~~Unrestricted~~
~~Restricted~~

Funds

Funds		 Total
Funds

Funds		 Total
Note:
Income from:
Grants 2 £17,135.13 £0.00 £17,135.13 £11,500.00 £0.00 £11,500.00
Donations 3 £7,831.98 £0.00 £7,831.98 £6,432.11 £0.00 £6,432.11
Other Income(Interest) 4 £545.46 £0.00 £545.46 £169.34 £215.52 £384.86
Transfers 9 £14,484.85 -£14,484.85 £0.00 £0.00 £0.00 £0.00
Total £39,997.42 -£14,484.85 £25,512.57 £18,101.45 £215.52 £18,316.97
Expenditure:
RaisingFunds 5 £213.63 £0.00 £213.63 £0.00 £0.00 £0.00
Charitable Activities 5 £32,057.76 £4,170.00 £36,227.76 £15,102.72 £0.00 £15,102.72
Total £32,271.39 £4,170.00 £36,441.39 £15,102.72 £0.00 £15,102.72
Net Income /(Expenditure) £7,726.03 -£18,654.85 -£10,928.82 £2,998.73 £215.52 £3,214.25
Reconciliation of funds: 9
Total Funds Brought Forward £76,998.10 £18,654.85 £95,652.95 £73,999.37 £18,439.33 £92,438.70
Net Movement in Funds £7,726.03 -£18,654.85 -£10,928.82 £2,998.73 £215.52 £3,214.25
Total Funds Carried Forward £84,724.13 £0.00 £84,724.13 £76,998.10 £18,654.85 £95,652.95

Young Friends General Meeting of the Religious Society of Friends Charity Number: 1064763

Accounts for the year to 31.12.2024

Balance Sheet (at 31.12.2024)
Note:
Fixed Assets
Current Assets
Stocks
6
Debtors (money we were owed)
7
Cash at bank and in hand:
Current Account
Deposit Account
Fixed Term Deposit Account
Petty Cash
Total Current Assets
Creditors (money we owed at the end of 2024)
8
Net Current Assets / (Liabilities)
Funds of the charity
9
Unrestricted Funds
Restricted Funds
Total funds carried forward		 2024
2023
£0.00
£0.00
£0.00
£0.00
£92.83
£95.22
£23,659.11
£63,001.41
£33,976.53
£33,431.07
£30,000.00
£0.00
£20.61
£0.00
£87,656.25
£96,432.48
£87,749.08
£96,527.70
-£3,024.95
-£874.75
£84,724.13
£95,652.95
2024
Total
£84,724.13
£84,724.13
£0.00
£0.00
Unrestricted
Funds
Restricted
Funds
£84,724.13
£0.00
£84,724.13
Unrestricted 2023
Restricted
Funds Funds Total
£76,998.10 £76,998.10
£18,654.85 £18,654.85
£76,998.10 £18,654.85 £95,652.95

Young Friends General Meeting of the Religious Society of Friends Charity Number: 1064763

Accounts for the year to 31.12.2024

Notes to the Accounts

Statutory Information Young Friends General Meeting of the Religious Society of Friends (Quakers), common registered with the Charity Commission for England and Wales as charity no. 1064763 The registered office address is YFGM Office, Friends House, 173 Euston Road, Londo

Note 1. Accounting Policies

1.1 Basis of accounting

Young Friends General Meeting constitutes a public benefit entity as defined by FRS10 These accounts have been prepared under the historical cost convention with items rec accounts.

applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP), and with the 102) and with the Charities Act 2011.

1.2 Going concern

These accounts have been prepared on the going concern basis. The trustees consider months, there are no material uncertainties as to the charity's ability to continue as a go

1.3 Income

Income is recognised in the Statement of Financial Activities (SoFA) in the period in wh amount can be measured with reasonable certainty. There has been no offsetting of assets and liabilities, or income and expenses, unless r The charity has received no government grants during the reporting period, or in the pri The value of voluntary help received is not included in the accounts but is described in t

1.4 Expenditure Liabilities are recognised where it is more likely than not that there is a legal or construc can be measured with reasonable certainty.

Expenditure is included in the statement of financial activities when incurred and is inclu

1.5 Assets

Tangible fixed assets for use by the charity are capitalised if they can be used for more line basis over their estimated useful economic life.

The charity does not at present hold investments.

The charity does not at present hold stocks held for sale. Stocks held for distribution as part of charitable activities are recognised where the valu based on the service potential provided by items of stock. Debtors (including trade debtors and loans receivable) are measured on initial recogniti expected to be received.

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Note 2: Grants Received
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==> picture [128 x 24] intentionally omitted <==

----- Start of picture text -----
2024
Unrestricted Restricted
Funds Funds
----- End of picture text -----

Britain Yearly Meeting £10,000.00 £0.00
CB & HH Taylor 1984 Trust £4,000.00 £0.00
Friends Trust £1,635.13 £0.00
Sir James Reckitt Charity £1,500.00 £0.00
Other Grants £0.00 £0.00
Total £17,135.13 £0.00

Note 3: Donations Received

ons Received
Unrestricted 2024
Restricted
Funds Funds
Quaker Meetings £3,664.25 £0.00
Individual Friends £4,122.73 £0.00
YFGM Donations £45.00 £0.00
Other £0.00 £0.00
Total £7,831.98 £0.00

Note 4: Interest received

t received
Unrestricted 2024
Restricted
Funds Funds
Interest into Deposit Account £545.46 £0.00
Total £545.46 £0.00

Note 5: Expenditure

diture
Unrestricted 2024
Restricted
Funds Funds
Raising Funds £213.63 £0.00
Charitable Activities:
General Meeting Costs £17,158.98 £0.00
Planning Weekend Costs £6,680.00 £0.00
Administrative Costs £6,768.78 £0.00
Provision of Bursaries £450.00 £4,170.00
Grantmaking £1,000.00 £0.00
Exceptional item: Reversal* £0.00 £0.00
Total £32,271.39 £4,170.00

Note 6: Debtors

s
Prepayments
Other Debtors		 2024
£92.83
£0.00
£0.00
£0.00
Unrestricted
Funds
Restricted
Funds
Total £92.83
£0.00
Insurance - pro rata to cover period
Expense plus - paid in advance		 £82.83
£10.00
£92.83

Note 7: Creditors

Trade Creditors
Adjustment to 2023 Accounts
Accruals		 2024
£2,024.95
£0.00
£0.00
£0.00
£1,000.00
£0.00
Unrestricted
Funds
Restricted
Funds
Total £3,024.95
£0.00
Trade creditor accruals
Friargate Quaker Meeting (Venue Costs for Feb 24 YF
Gift of Money for EMEYF
Mar 2024 PW Expense Claim
Oct 2024 FOBQC Expense Claim
Oct 2024 YFGM Expense Claims		 £500.00
£1,000.00
£794.90
£42.95
£687.10
£3,024.95

In the above table, the £72.24 adjustment to the 2023 accounts includes a creditor amo

Note 8: Movement in funds (current year 2024)

ovemen n uns (curren year ) At 1 January
2024 Income
Restricted funds
Britain Yearly Meeting Outreach Grant £14,484.85 £0.00
North East Thames Quaker Trust £4,170.00 £0.00
Total restricted funds £18,654.85 £0.00
Unrestricted funds
General reserve £76,998.10 £25,512.57
Total unrestricted funds £76,998.10 £25,512.57
Total funds £95,652.95 £25,512.57
Movement in funds (prior year 2023) At 1 January
2023 Income
Restricted funds
Britain Yearly Meeting Outreach Grant £14,269.33 £0.00
North East Thames Quaker Trust £4,170.00 £0.00
Interest Received £0.00 £215.52
Total restricted funds £18,439.33 £215.52
Unrestricted funds
General reserve £74,071.61 £18,101.45
Total unrestricted funds £74,071.61 £18,101.45
Total funds £92,510.94 £18,316.97

In the movement in funds for the current year (2024), the transfer of £14,484.85 reflects The previous restriction on this was that the grant was provided to facilitate YFGM's out

In the movement in funds for the previous year (2023) the Restricted fund of "Interest R

Note 9. Trustees & related party transactions

No trustee received any renumeration in respect of services given as trustee in 2024.

The charity's trustees are appointed from among the membership of the charity, and as

Trustees are entitled to reimbursement of expenses incurred in fulfilling their duties, incl accommodation accessible to all may be applied for by any of the charity's beneficiaries In 2024, the amount reimbursed was £2,140 to 5 trustees. (2023: £368 to 2 trustees)

Donations received without conditions from Trustees during the year were £165 (2023:

nly known as Young Friends General Meeting or YFGM, is an unincorporated charity

on NW1 2BJ.

  1. cognised at cost or transaction value unless otherwise stated in the relevant note(s) to these Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS r that, in view of the charity s significant cash reserves and forecasts for the next twelve oing concern.

ich the charity is entitled to receipt; it is more likely than not to be received; and where the

required or permitted by the Charities SORP or FRS102. or reporting period. the trustees' annual report.

ctive obligation committing the charity to pay out resources and the amount of the obligation

usive of VAT.

than one year, and cost at least £500. They are valued at cost and depreciated on a straight

ue of the line of stock at purchase exceeds £500, and are measured at net realisable value on at settlement amount. Subsequently, they are measured at the cash or other consideration

2023 Unrestricted Restricted Total Funds Funds Total

£10,000.00 £10,000.00 £0.00 £10,000.00
£4,000.00 £0.00 £0.00 £0.00
£1,635.13 £0.00 £0.00 £0.00
£1,500.00 £0.00 £0.00 £0.00
£0.00 £1,500.00 £0.00 £1,500.00
£15,635.13 £10,000.00 £0.00 £10,000.00
Unrestricted 2023
Restricted
Total Funds Funds Total
£3,664.25 £2,528.36 £0.00 £2,528.36
£4,122.73 £2,731.92 £0.00 £2,731.92
£45.00 £951.83 £0.00 £951.83
£0.00 £220.00 £0.00 £220.00
£7,831.98 £6,432.11 £0.00 £6,432.11

Total

£545.46 £545.46

Unrestricted 2023
Restricted
Total Funds Funds Total
£213.63 £0.00 £0.00 £0.00
£17,158.98 £9,507.75 £0.00 £9,507.75
£6,680.00 £2,676.52 £0.00 £2,676.52
£6,768.78 £3,557.65 £0.00 £3,557.65
£4,620.00 £299.00 £0.00 £299.00
£1,000.00 £0.00 £0.00 £0.00
£0.00 -£938.20 £0.00 -£938.20
£36,441.39 £15,102.72 £0.00 £15,102.72

*Release accrual for BYM invoices

Unrestricted 2023
Restricted
Total Funds Funds Total
£92.83 £95.22 £0.00 £95.22
£0.00 £0.00 £0.00 £0.00
£92.83 £95.22 £0.00 £95.22
Unrestricted 2023
Restricted
Total Funds Funds Total
£2,024.95 £802.51 £0.00 £802.51
£0.00 £72.24 £0.00 £72.24
£1,000.00 £0.00 £0.00 £0.00
£3,024.95 £874.75 £0.00 £874.75

ount that should have been reported in the 2023 accounts.

gains and December
Expenditure losses 2024
£0.00 -£14,484.85 £0.00
-£4,170.00 £0.00 £0.00
-£4,170.00 -£14,484.85 £0.00
-£32,271.39 £14,484.85 £84,724.13
-£32,271.39 £14,484.85 £84,724.13
-£36,441.39 £0.00 £84,724.13

gains and December Expenditure losses 2023

£0.00 £0.00 £14,269.33
£0.00 £0.00 £4,170.00
£0.00 £0.00 £215.52
£0.00 £0.00 £18,654.85
-£15,174.96 £0.00 £76,998.10
-£15,174.96 £0.00 £76,998.10
-£15,174.96 £0.00 £95,652.95

s the retroactive removal of the restrictions on the BYM grant. treach within and beyond the Quaker community.

Received" was incorrectly reported, and has for the current year (2024) been combined with the

such are among the beneficiaries of the charity.

luding the cost of travelling to YFGM events. Additionally, bursaries to make travel and s and where grantes to trustees are included in this amount.

£180).

BYM outreach grant.

Young Friends General Meeting of the Religious Society of Friends Young Friends General Meeting of the Religious Society of Friends Young Friends General Meeting of the Religious Society of Friends Young Friends General Meeting of the Religious Society of Friends Young Friends General Meeting of the Religious Society of Friends Young Friends General Meeting of the Religious Society of Friends
Charity Number: 1064763
Accounts for theyear to 31.12.2024
Income and Expenditure(at 31.12.2024)
The information on this sheet is supplementaryand is not a formalpart of the accounts that will be submitted to the CharityCommission.
2024 2023
Income
Grants £17,135.13 £12,551.83
Quaker Meetings £3,664.25 £2,731.92
Individual Friends £4,122.73 £2,648.36
YFGM Donations £45.00 £0.00
Interest - Restricted Funds £0.00 £0.00
Interest - Unrestricted Funds £545.46 £384.86
£25,512.57 £18,316.97
Expenditure
General Meeting Costs
Access £5,816.81 £0.00 This is zero as the waywepaid access claims changed from 2023 to 2024
Food £1,843.14 £541.81
General Travel £279.70 £0.00
Newcomer Travel £2,688.67 £566.29
Role Holder Travel £5,215.02 £3,889.49
Venue £1,100.00 £600.00
Other £215.64 £0.00
Planning Weekend Costs
Access £2,461.34 £0.00 This is zero as the waywepaid access claims changed from 2023 to 2024
Food £1,121.81 £446.26
Role Holder Travel £2,845.15 £1,647.88
Venue £251.70 £400.00
Administrative Costs
Administrative Support £5,188.64 £2,863.01
Insurance £514.83 £426.17
Bookkeeping £120.00 £110.00
Training £35.00 £1,031.35
Outreach £213.63 £0.00
Representatives £879.78 £0.00
Other £30.53 £94.61
Provision of Bursaries
Bursaries - Unrestricted £450.00 £2,421.70
Bursaries - Restricted £4,170.00 £0.00
Grantmaking
EMEYF Grant £1,000.00 £0.00
£36,441.39 £15,038.57
Surplus/Deficit for the Year
Restricted Funds -£4,170.00 £0.00
Unrestricted Funds -£6,758.82 £3,278.40
-£10,928.82 £3,278.40

Young Friends General Meeting Independent Examination Report for 2024 Accounts I report to the trustees on my examination of the accounts of this Charty (the chan.ty ) for the year ended 31/12/2024. Responsibilities and Basis of Report As the trustees of the chan.ty you are responsible for the preparation of the accounts in accordance wrfh the requirements of the Charities Act 2011 (the 2011 Act.). I report in respect of my examination of the charity's accounts cam'ed OLrt under section 145 of the 207 l Act and in carrying out my examination I have followed all the applicable Directions given by the Charty Commission under section 145(5)(b) of the 207 1 Act. Independent Examiner's Statement I have completed my examination. I confim? that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. l. accounting ￿cOrdS were not kept in accordance with section 130 of the 2011 Act,. or 2. the accounts do not accord with the accounting records. I have no Goncerns and have corne acn)ss no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be ￿ached. Independent Examiner's Details £onTfanylName: £oU,. kis4 k y[C (ci￿1[7 /hk- ikn qf Address: Z L,lac Leeè LS5 3h@ Name: Signature: Date: