Yss qllohing i/h/Jpey./ (A company limited by guarantee) st Annual Report and Financial Statements for The Year Ended 31 March 2025 Charity registration number.. 1081992 Company registration number: 04024428
Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Y5S Legal and Administrative Information Charitable Company Name YSS IA company limited by guarantee) Charity Registration Number 1081992 Company Registration Number 04024428 Trustees Fiona Charny Lady Susanna McFarlane DL Nerys Thomas Jared Whitehouse Richard Quallington OBE - Chair Garywoodman Justin Bryant Dal Veysey Sarah Fishbourne Date of appointment 1610912016 Ilnterim Chair 2210312024 to 02/09120241 26103/2004 08106/2018 (resigned 02/06120251 0910512022 (Finance Lead from 27106120221 0210912024 0210912024 1410412025 14/04/2025 1410412025 Patron HRH The Princess Royal Executive Management Team CEO Head of Resources, Secretary, Deputy CEO Operations Manager Deborah Grantham Stuart Mcculloch Evangelia Palios-Hayden Registered Office Auditor Warndon Community Hub Shap Drive Worcester WR4 9NX Ormerod Rutter Limited Statutory Auditors The Oakley Kidderminster Road Droitwich WR9 9AY Solicitors Bankers Hallmark Hulme Solicitor5 3, 4 & 5 Sansome Place Worcester WRI IUQ Lloyds Bank PIC 4 The Cross Worcester WRI 3PY
Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Yss Contents Trustees, Report................................................................................ Chairfs Review................................................ Financial Review.... Independent Auditorfs Report................................................................. Statement of Financial Activities. li .14 Balance Sheet....................................................................................... 15 Statement of Cash Flows............................................... 16 Notes to the Accounts.......... 17 Thankyou and Acknowledgements.................................................. Take Action..... .35 .35
Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Yss Trustees, Report {Including Director's Report) The Trustees are pleased to present their annual report and the audited f inancial statements for the year ended 31 March 2025. The financial statements comply with the statutary requirements, the Statement of Recommended Practice, and the charitable company's governing document. They have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the Companies Act 2006, the Charities Act 2011, and Accounting and Reporting by Charities.. Statement of Recommended Practice IFRS 1021 as published in October 2019. Trustees of the charit and constitution The directors of the charitable company are its Trustees for the purposes of charity law. The Trustees who Served during the year are set out in the legal and administrative information at the front of the accounts. There were no declarations of interest from any Trustee during the year. The charitable com pany is governed by its Memorandum and Articles of Association, adopted on 30 June 2000, and operates under the name YSS. Ob'ectives and activities For public benefit, YSS works to relieve the needs of children, young adults, families, carers, and others who have complex needs arising from offending, poor menta I health, homelessness, or problematic substance misuse. We also support those facing life challenges such as unemployment, financial hardship, separation, loss, and low self-esteem. Our aim is to help people develop skills, resilience, and opportunities to lead positive, constructive lives and achieve their potential. Our work primarily benefits people in Herefordshire, Shropshire, Telford & Wrekin, and Worcestershire. We deliver this through a range of tailored. one-to-one services and the recruitment and training of local volunteers who bring diversity, challenge assumptions, and help provide local solutions to local issues. Fundraisin YSS does not rely on public fundraising to deliver its services and does not employ fundraising agencies to solicit donations by phone or in person. We benefit from the generosity of individuals, commun ity groups, and trusts who believe in our mission. We adhere to the Code of Fundraising Practice, do not share donor details, and respect requests for no further contact. In 2024-25, our part-time Fundraising and Communications capacity was impacted by role cha nge5 following the loss of a contract. Grant funding and trust app5ications have been led by the Senior Management Team, supported by service teams. No complaints were received rega rding fundraising activities during the year.
Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Yss Public benefit statement The Trustees confirm that they have complied with the duty set out in Section 17151 of the Charities Act 2011 and have referred to Charity Commission guidance on public benefit when reviewing aims and planning activities. All our programmes and services are designed to deliver measurable benefits for individuals and communities, with a clear link to our charitable purposes. Achievements and erformance 2024-25 was a year of significant organisational change, continuous improvement, and sustained high demand for our services. We maintained our Matrix accreditation, with extremely positive feedback from the assessor recognising our commitment to continuous improvement and the tangible step5 we have taken over the past year to strengthen communication, standardise processes, enhance staff skills, and improve service delivery across all programmes. There were no breaches or compliance issues across the services. Governance and Leadershi YSS continues to strengthen its governance, leadership, and strategic resilience to ensure the charity remains robust. accountable. and forward-looking. Over the past year, we have enhanced and diversified Board capacity through the recruitment of three new Trustees, reviewed governance f rameworks, and maintained effective oversight through regular Board meetings. The Board continues to meet regularly and play an active role in shaping YSS'S strategic direction. scrutinising performance, and supporting the development of a strong organisationa I culture and the development of YSS'S emerging strategy and preparation5 for our 40th a nniversary in 2026. Risk Mana ement Trustees regularly review the organisational risk register, identifying major risks, assessing likelihood and impact, and implementing control measures. This proce55 aligns with Charity Commission guidance. Risks Identified and M iti ated Durin the Year Financial risk from loss of contracts - Addressed through organisational restructure, cost controls, and proactive funding work. Safeguarding risk - Maintained robust policies, trained staff and volunteer5, and ensured clear leadership oversight. Increased the number of Deputy Designated Safeguarding Leads. Health & Safety risk- Maintained lone-working systems and protocols. Internal communication risk- Addressed through quarterly whole-organisation meetings, team away days, and the staff survey. Service Restructure and Leadershi Chan es Introduced a streamlined leadership model with one Operations Manager overseeing all service areas, plus strategic responsibility for business development, volunteering, and research partnerships. SMT now conslsts of the CEO, Head of Resources, and Operations Manager A new Service Manager oversees Connect and Women'5 services reports into the Managing Director, with two Team Manager5 ladults and CYP/farlliSiesl reporting to the Operations Manager. This has freed the Operations Manager ta facu5 on business development, new Service development, academic links, and safeguarding. Reduced overhead casts while ma intaining service quality.
Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Yss roved Communication and Staff En ement Introduced quarterly whole-arganisation events.. April & September online lupdates, knowledge sharing), July & December in-person wellbeinglteam bu ilding days. Leadership meetings every 8 weeks with Service and Team Managers to cascade information. Bi-monthly Children and Young People team meetings to connect staff working in children's services Quarterly creative thinking sessions for staff in isolated roles, e.g., Remember Veterans. 2024 staff survey185% response) highlighted improved idea sharing, stronger management presence, and positVe morale, alongside a need for more creative collaboration opportunities. act and Outcomes 2024-25 At YSS, impact is measured not only in numbers but in the lives changed, barriers removed, and confidence restored. Our work continues to demonstrate the power of early intervention, person-centred support, and strong partnerships across Worcestershire, Herefordshire, Shropshire. and Telford & Wrekin. Headline Achievements I,OOO+ individuals and families were supported across all services. 720A of cases achieved f u11 outcomes upon closure. 458 service users achieved multiple positive outcomes an average of 2.2 outcomes per person. 946 new referrals were received during the year, with over 760 individuals receiving direct assessment and support. Service Hi hts MORSE Service: Expanded with the launch of MORSE Youth an 18-month pilot for under-18s addressing impulsivity and reducing re-offending. 78% of participants said they would "highly recommend" the programme. Worcestershire Young Carers- Supported 213 young carers, including 58 who received l-to-l support. 35% were under 10 years old. highlighting the importance of early help and preventative care. Families First.. Provided tailored emotional and practical support to 16 families and 11 children affected by parental imprisonment. A new partnership with HM P Hewell developed a reintegration workbook to support family stability following release. Women's Services Ichrysalisl: Supported 35 women through 168 Lifeskills sessions, with £23,000 in grants distributed via The Smallwood Trust to improve financial stability and conf denCe. Remember Veterans: Continued to deliver life-changing support to ex-armed forces personnel across West Mercia, improving mental health, housing stability, and community reintegration through trauma-informed practice. Connect- SUPPOrting males in custody, on remand or on community orders to prevent homelessness. Volunteering.. Volunteers contributed over 1,200 hours of service, extending YSS'S reach across programmes such as Young Carers and Action for Children.
Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Yss Im act in Action Behind every statistic lies a story of change someone finding safety, rebuilding trust, or discovering new confidence. "You've been the only person in the five months since I was released who has actually listened to me. Service User, Connect Programme YSS has been a lifesaver." he jigsaw has been put back together, and I have hope for the first time in years." 'The course made me think about my driving style a nd attitude... it succeeded brilliantly." Consisten in Documentation and Im att Measurement: Introduced age-appropriate impact measurement forms for children and young people. Integrated forms and outcomes tracking into CRM. Delivered one-to-one IT support across the whole organisatian to ensure understanding a nd compliance. Managers now conduct dip-sampling to ensure data completion. Produced our first Impact Report for the period I, January 2024-31, December 2024 Staff Develo ment: Completed audit of IAG qualifications.. l NVQ4 DIP RSA. l Level 6, 1 Level 4, 2 Level 3. Encouraged Level 2 completion - 5 staff completed, l in progress- now all CYP workers hold IAG qualifications. All managers have undertaken in-house supervision training to ensure consistent and empowering supervisions. All managers now receive 8 sessions of Leadership mentoring through an external provider. The feedback has been very positive and staff have stated they found the sessions, 'inforrnative" 'supportive" and 'gave additional tools and strategies to be able to find answers to issues they were facing" Partnershi s and Innovation.. Strengthened collaboration with statutory, voluntary, and community partners. Expanded volunteer recruitment and training, including Appropriate Adult, infrastructure roles Isuch as admin support) and wider mentoring roles. Continued to refine our CRM system to improve outcome tracking and evaluation. Commitment to Quali and Safe uardin Safeguarding remains at the heart of Y5S's culture and practice. Every staff member and volunteer is trained in trauma- informed a pproaches and safeguarding procedures, ensuring that the people we support are treated with dignity, respect, and compassion. Oversight is provided by the Designated Safeguarding Lead and two Deputy Leads. who ensure that policies, training, and reporting systems remain robust, consistent, and responsive. Interim safeguarding trustee arrangements remained in place during the year, with recruitment to a permanent safeguarding trustee role planned for 2025. All safeguarding policie5 were reviewed and updated as part of our an nual governance cycle, and training was delivered to staff and volunteers throughout the year. No serious safeguarding incidents occurred, reflecting the strength of aur preventative approach and reporting culture. Comprehensive monthly safeguarding reports were produced and shared with Trustees, enabling continued Board oversight and assurance that safeguarding remains a top organisational priority.
Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Yss Lookin to the Future Challen es for 2025-26 Looking ahead, YSS faces several strategic and operational challenges as we adapt to an evolving external landscape. Sustaining and diversifying fu nding remains a priority, particu larly as short-term grants end and national commission ing frameworks change. We will continue to prepare for the Ministry of Justice's re-commissioning of men's services while mainta ining high-quality delivery across existing contracts. Recruitment and retention of skilled staff, alongside embedding new Trustees and strengthening leadership capacity, will be central to maintaining resilience. Demand for our services continues to grow, creating pressures on capacity and waiting lists, while the need for robust data and impact reporting, improved digital systems, and continued investment in our CRM remain critical. These challenges will be addressed proactively through collaboration, innovation, and careful forward planning to ensure YSS remains stron& sustainable, and responsive to community need. Ke Priorities for 2025-26 Securing Long-Term Funding- Strengthen financial sustainability through new partnerships, multi-year grant applications, and engagement in nationa I commissioning opportun ities, including Ministry of Justice contracts. Enhancing Governance and Leadership - Embed newly appointed Trustees, develop Board sub-committees where identified, and continue leadership development across the Senior Management, Leadership team, and wider staff teams. Investing in People - Prioritise staff wellbeing, professional development, and retention, ensuring manageable workloads and a strong, trauma-informed culture. Improving Data and Digital Systems impact measurement, and eff iciency. Further develop our CRM and reporting framework5 to improve data accuracy, Strengthening Service Quality and Reach - Maintain high-quality delivery across all Y5S services, explore expansion in Warwickshire and Herefordshire, and respond to emerging community needs. Building External Influence and Partnerships- Deepen collaboration with local authorities, the PCC, Probation Service, and voluntary sector partners to influence policy and promote the role of community-ba5ed rehabilitation. Preparing for YSS'S 40th Anniversary120261 Celebrate four decades of impact through our "40 for 40" campaign, strengthening public awareness, supporter engagement, a nd organisational legacy. Strate ic Plannin and Future Direction Work has begun to refine YSS'S Vision, Mission, and Purpose, ensuring they are fully aligned with our organisational Theory of Change. This refresh will be completed in Sprung 2026 and will underpin the development of our new 2027 organisational strategy. Early engagement with staff, Trustees, and external stakeholders has already begun, helping to identify emerging needs, sector changes, and opportunities for growth. Evidence from our Matrix accreditation review and Continuous Improvement Check has been incorporated into our planning cycle, strengthening internal communication, standardising processes, and enhancing impact measurement. We continue to invest in data-driven decision-making, with our improved CRM system and new impact measurement tools now fully embedded, providing a stronger evidence base to inform service design, performance management, and future funding bids.
Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Yss Chair's Review This year has been one of change, challenge, and commitment. The cost-of-living crisis continues to drive up demand for our services, with more people reaching out to YSS for help with housing, mental health, financial hardship, and community reintegration. We have adapted our structure to be leaner, more eff icient and financially sustainable. Moving to a single Operations Manager model has allowed clearer decision-making, better coordination across services, and more opportunities for staff voices to be heard. Despite pressures, the quality of our support has remained exceptionally high. Service users have described our work as "life changing" and "the best thing that could have happened to me." These words reflect the dedication of our staff and volunteers, who go above and beyond every day. In October 2024, we were delighted to welcome our Patron, HRH The Princess Royal, to YSS. HRH has been our Patron since 2008, showing unwavering commitment to our mission and the communities that we serve. This visit was a valuable opportunity to share our recent achievements, highlight the dedication of our staff and volunteers, and demonstrate the difference YSS makes in people's lives. H RH'S continued support helps raise our profile, strengthen relationships with partners, and inspires confidence in our work across Warwickshire and West Mercia. Looking ahead, we know we must continue to.. Secure sustainable funding for our core services. Strengthen communication and transparency with staff. Build on our partnerships to reach those most in need. Increase our Board membership Work toward5 the development of our new strategy I want to thank my fellow Trustees, the Senior Management Team, our staff, volunteers, and partners for their resilience and unwavering belief in what YSS can achieve. Together, we will keep making a difference- one person, one family, one community at a time. Richard Quallington OBE Chair
Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Yss Financial Review For the ear ended 31 March 2025 The Charity reported an operating surplus of £96k12024= £97k surplus), this has resulted f rom the early receipt of funding and sa lary savings made in yea r, which will both be utilized in the following year 2025126. YSS has generated a negative cash flow from our charitable activities of £54k12024.. £133k positivel. There was a reduction in incorne compared to the previous year due to the ending of a significant government contract. A summary of YSS. six-year financial performance is as follows- Year Total Income Total Expenditure Net Surplus Net Surplus £'ooo £'ooo £'ooo 2019120 1,705 1,713 181 10.47%) 2020/21 I,sio 1,409 ioi 6.69% 2021122 1,507 1,454 53 3.52% 2022123 1,365 1,658 12941 121.6'hl 2023/24 1,290 1,193 97 7.52% 2024/25 1,036 940 96 9.27% YSS Total Income 2024-5 YSS Total Income 2024-25 Government contracts £472k Government grants £386k Other charitable actlvities income £156k Donations and legacies £15k Investment Income £8k
Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Yss The osition of YSS Reserves at 31 March 2025 The Trustees have recently reviewed the organisation's reserves Ifundsl policy and confirmed the classification of funds, the reason why the organization holds such funds and the amounts involved. The policy is intended to ensure that YSS holds unrestricted funds to maintain financial resilience, to invest in essentia I capacity during short-term funding shortfalls, allow time for reorganisation in the event of a longer-term downturn in income, protect ongoing work and allow YSS to meet its legal requirements. Trustees will keep the reserves policy and the level of funds held under regular review during the year. The balance of unrestricted, available reserves at 31 March 2025 has decreased to £305,42012024- £310,996). The in-year surplus generated in 2024125 was allocated against restricted reserves. I nvestmen t Policies The Trustees invest surplus funds in interest bearing bank and savings accounts with a combination of instant and short natice access, to ensure that the funds are readily available a5 and when required. Structure Governance & Mana ement YSS is a charitable company limited by guarantee. The current Board af YSS consists of eight Trustees who meet six times a year. The Board is led by the Chair and is supported by the Finance Lead. The Board of Trustees is responsible for setting the organisational strategy with the CEO. The day-to-day operational management is delegated to the CEO. Trustees undertake variou5 roles to provide scrutiny of the organisation's performance and to review risk. The CEO meets regularly with the Chair of Trustees and formally reports to the Board at every meeting. The Senior ManaEementTeam ISMTI, led by the CEO, meet every month to drive operational and strategic performance. A separate leadership team including all those with line management responsibilities, recognising the signif icant role they play in day-to-day operational activitie5, meet for a full day at least annually. SMT meet every week either in person or using virtual meeting rooms to continue delivering strategic and organisational objectives in what has remains an evolving but consistently difficult econom ic environment. The Trustee Meetings and discussions also utilise virtual technology. Method of A ointment of Trustees New Trustees are appointed by the Board. A formal application procedure is in place to ensure Trustee recruitment is based on organisational needs. This includes a role description and person specification, an application and a formal interview process. The Recruitment and Nominations Panel leads the recruitment process and makes recommendations to the Board which has the final say on all trustee appointments. All new Trustees will serve for a maximum of 10 years.. a one-year initial term followed by up to three further terms of three years. A formal review with the Chair will take place six months prior to the end of each three-year term. Trustee supervision and support is undertaken by the Chair of Trustees. The Board supports the principles of good governance contained within the Charity Governance Code. The Board of Trustees have also agreed that provision be made, subject to ongoing review, that a Board Mem ber with a term of over ten years be reappointed for a further limited period to support transitional arrangements for new trustees. The Board is set to review its succession planning strategy in 2025126 financial year.
Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Y5S The enti s abili to continue as a oin concern The directors have prepared the financial statements on the going concern basis, which is based on the following.. The total unrestricted reserves are adequate and provide sufficient cash resources to allow YSS to meet its operating liabilities as and when they fall due for a period of at least 12 months from the date of the approval of these financial statements. The Trustees and directors carefully monitor the financial performance d uring each financial year, and despite the challenging economic environment, we are currently performing ahead of the forecast budget although a deficit for the year has occurred. The management continued to assess the financial risk and has undertaken additional stress testing analysis of incoming resources in 2025126 financial year and determined that there are no material uncertainties that casts significant doubt upon the entiWs ability to continue as a going concern for the next 12 month5. al roceedin The Directors are not aware that there are any pending legal proceedings that would have a material adverse effect on the financial position or operations of YSS. Statement of Trustees, res onsibilities The Trustees (who are also directors of YSS for the purposes of company lawl are responsible for preparing the Trustees, Report and the financial statements in accordance with applica ble law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to: Select suitable accounting policies and then apply them consistently,. Observe the methods and principles in the Charities SORP 2019 IFRS 1021,. Make judgements and estimates that are reasonable and prudent,. State whether applicable U K Accounting Standards have been followed, subject to any material departure disc105ed and explained in the f inancia I statements.. and Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the f inancial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for Safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the Trustee5 are aware.. there is no relevant audit information of wh ich the charitable company's auditors are unaware- and The Trustees have taken all steps that they ought to have taken to make themselve5 aware of any relevant audit information and to establish that the auditors are aware of that information. The Trustees are responsible for the maintenance a nd integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of f inancial statements may differ frorn legislation in other jurisdictions.
Yss Annual Report and Audited Financial Statements For the Year. Ended 31st March 2025 Yss Auditor Ormerod Rutter ha5 expressed their willingness to continue in off ice and will be proposed for re-appointment at the Annual General Meeting. Approved by the Board of Trustees on 26 January 2026 and signed on behalf of the Board.. Richard Quallington OBE Chair of Trustee io
Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Yss Inde endent Auditorfs Re ort to the Members of YSS Opinion We have audited the financial statements of YSS Limited (the 'charitable compan¢) for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and U nited Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financiol Reporting Standard applicable in the UK and Republic of Irelond, (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial ststements= give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its incoming resources and application of resources, including its income and expenditure for the year then ended,. have been properly prepared in accordance with U nited Kingdom Generally Accepted Accounting Practice,. and have been prepared in accordance with the requirements of the Companies Act 2006 and the Charities Act 2011. Basis for opinion We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the U K, including the FRCS Ethical 5tsndard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtsined is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern 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 charity's ability to continue as a going concern for a period of at least twelve months f rom when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. Other information The other information comprises the information included in the annual report other than the financial statements and Dur auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. li
Yss Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Independent Auditors, Report to the Members of YSS Limited- continued Opinion5 on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit.. the information given in the trustees, report, which includes the directors, report prepared for the purposes of company law, for the financial year for which the financial statements are prepared is consistent with the financial statements,. and the trustees, report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatement5 in the trustees, report. We have nothing to report in respect af the following matter5 in relation to which the Companies Act 2006 requires us to report to you if, in our opinion-. adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us,- or the financial statements are not in agreement with the accounting records and returns,. or certain disclosures of trustees, remuneration specified by law are not made,. or we have not received all the information and explanations we require for our audit; or the trustees were not entitled to prepare the financial statements in accordance with the small companies, regime and take advantage of the small companies, exemptions in preparing the Trustees, report and from the requirement to prepare a strategic report. Responsibilities of trustee5 As explained more fully in the statement of trustees, responsibilities, the trustees, who are also the directors of the charity for the purpose of company law, are responsible fDr the preparation of the financial Statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of finarlcial statements that are free from material misstaternent, whether due to fraud ar error. In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. Auditor's responsibilities for the audit of the financial statements We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material mi5Statement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance 15 a high level of assurance but is not a guarantee that an audit conducted in accordance with ISA5 IUKI will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these Inancial statements. 12
Yss Y5S Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Independent Auditors, Report to the Member5 of YSS Limited- continued Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below. Based on our understanding of the company, we identified the principal risks of non-compliance with laws and regulations including those that have a direct impact on the preparation of the financial statements such as the Companies Act 2006, and the extent to which non-compliance might have a material effect on the financial statements. Audit procedures performed included discussions with management, review of board meeting minutes, testing of journals, designing and performing audit procedures and challenging assumptions and judgements made by management in relation to accounting estimates. There are inherent limitations in the audit procedures described above. We are less likely to become aware of instances of non-compliance with laws and regulations that are not closely related to events and transactions reflected in the financial statements. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at.. htt www.frc.or auditorsres onsibilities. This description forms part of our auditor's report. Use of our report This report is made solely to the charity's trustees, as a body, in accordance with part 4 of the Charities IAccoLJnts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity'5 trustees those matters we are required to state to them in an auditors, report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charitvs trustees as a body, for our audit work, for this report, or for the opinion5 we have formed. Colm McGrory FCA Isenior Statutory Auditor) for and on behalf of Ormerod Rutter Limited ..4.71 I laol Chartered Accountants Statutory Auditor Ormerod Rutter Limited Chartered Accountants The Oakley Kidderminster Road Droitwich Worcestershire WR9 9AY Ormerod Rutter is eligible for appointment as auditor of the charity by virtue of it5 eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006. 13
Yss Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Statement of Financial Activities Ilncorporating Income and Expenditure Account) Unrestricted Fund Restricted Funds Total 2025 Total 2024 Notes Income from: Donations and legacies 11,278 3,775 15,053 9,541 Income from charitable activities 1,013,826 1,013,826 1,273,352 Investment income 8,072 8,072 7,879 Total income 19,350 1,017.601 1,036,951 1,290,772 Expenditure on: Charitable activities 41,712 898,310 940,022 1,193,327 Total expenditure 41,712 898.310 940,022 1,193,327 Movement in fund5 being Income/lexpenditurel for the year 122,3621 119,291 96,929 97,445 Transfers between funds 16,786 116,7861 Net Movement in Funds 15,576} 102.505 96,929 97,445 Reconciliation of funds Total f unds brought forward 14/15 310,996 229,448 540,444 442,999 Total funds carried forward 305,420 331.953 637.373 540,444 All income and expenditure derive from continuing activities. The Statement of Financial Activities incorporates all gains and lasses recognised in the above two financial periods. The notes on pages 17 - 36 form part of these financial statements. 14
Yss Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Balance Sheet Registered Number 04024428 As at 31 March 2025 Note 2025 2024 Fixed A55ets Tangible fixed assets 5,183 5,183 Current Assets Debtors Cash at bank and in hand io 237,574 472 209 168,291 526 019 709,783 694.310 Creditors.. amounts falling due within one year li 159 049 Net current assets 637,373 535,261 Creditor5: amounts falling due afterone year Ila Net assets 637,373 540,444 Funds Restricted funds 14 331,953 229,448 Unrestricted funds - general designated 15 15 305,420 310,996 305 420 310 996 Total fund5 637,373 540,444 The financial statements on pages 14 -36 were approved by the board of Tru5tee5 and authorised for issue on 26 January 2026 and are signed on its behalf by- Richard Quallington OBE Chair of YS5 Board of Trustees Jared Whitehouse Trustee, Lead on Finance 15
Yss Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Statement of Cash Flows Note 2025 2024 Cash flow from operating activities 19 161,8821 124,888 Cash flow from investing activities Interest received 8,072 7,879 Purchase of fixed assets Net cash flow from investing activities 8,072 7,879 Cash flow from financing activities Bank loan Net cash flow frorn financing activities Net increase in cash and cash equivalents 153,8101 132,767 Cash and cash eq uivalents at l April 2024 526,019 393,252 Cash and cash equivalents at 31 March 2025 472.209 526,019 16
Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Yss Notes to the Accounts Accounting Policies Basis of preparation YSS Ithe charity) is a registered incorporated charity in the United Kingdom. The address of the registered off ice is given in the charity information page of these f i nancial statements. The nature of the charity's operations and principal activities are to provide community based support services for children, young people, adults and families who are vulnerable. have complex needs and who face diff icult life challenges. The charity constitutes a public benef it entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the U K and Republic of Ireland IFRS 1021 issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021, the Charities Act 2011 and U K Generally Accepted Practice. The financial statements are prepared on a going concern basis under the h istarical cost convention. The f inancial statements are prepared in sterling which is the functional currency of the charity. The significant accounting policies applied in the preparation of these f inancial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. Company Status The charitable company is a company limited by guarantee. The members of the charitable company are the Trustees named in the Trustees, Report. In the event of the charitable company being wound up, the liability in respect of the guarantee is limited to £1 per member of the charitable company. Fund accounting Restricted funds Restricted funds are funds which are to be used in accordance with specif ic restriction5 imposed by donors or which have been raised by the charitable cornpany for particular purposes. The costs of raising and administering such f unds are charged against the specif ic fund. The aim and use of each restricted fund 15 set out in the notes to the financial statements. Unrestricted funds Unrestricted funds are available for use, at the discretion of the Trustees, in furtherance of the general objectives of the charitable company and have not been designated for other purpose5. Designated funds Designated funds are unrestricted funds earmarked by the Directors for particular purposes. 17
Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Notes to the Financial Statements - continued Yss Incoming Resources All incom ing resources are included in the Statement of Financial Activities when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received. No amount is included in the f inancial statements for volunteer time in line with the SORP IFRS 1021. Voluntary income by way of grants, donations and gifts is included in full in the Statement of Financial Activities when receivable and when the amounts are known with certainty and are measurable. Grants, where entitlement is not conditiona l on the delivery of a specific performance by the charitable company, are recognised when it becomes unconditionally entitled to the grant. Incoming resources from grants, where related to performance a nd specific deliverables, are accounted for as the charitable company earns the right to consideration by its performance. Where income is received in advance of performance it is treated as deferred income and included within creditors. Resources Expended All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount af the obligation can be measured reliably. Charitable expenditure comprises those costs incurred by the charitable company in the delivery of its activities and services for its beneficiaries. Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charitable company and include audit fees and costs linked to the strategic management of the charitable company. All costs are allocated between the expenditure categories of the Statement of Financial Activities on a basis designed to reflect the use of the resource. Casts relating to a particular activity comprise both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Tangible fixed assets Tangible fixed assets are included at cost. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Computers Office equipment Fixtures and f ittings 33% straight line 33% straight line 33% straight line Fixed assets below £500 are not capitalised. 18
Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Notes to the Financial Statements - continued Yss Debtors and creditors receivable / payable within one year Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising f rom impairment are recognised in expenditure. Recognition of liabllitles Liabilities are recognised when an obligation arises to transfer economic benefits as a result of past transactions or events. Pensions The charitable company operates a defined contribution pension scheme. The assets of the Scheme are held separately f rom those of the charitable company in an independently administered fund. Contributions payable for the year are charged in the Statement of Financial Activities. Tax YSS is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph I Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Leasing commitments Assets acq uired under finance leases are capitalised and depreciated over the lease term and expected useful life of the asset. Min imum lease payments are apportioned between the f inance charge and the reduction of the outstanding lease liability using the effective interest method. The related obligations, net future charge5, are included in creditors. Rentals payable and receivable under operating leases are charged to the SOFA on a straight line basis over the period of the lease. Going concern The financial statements have been prepared on a going concern basis as the Trustees believe that no material uncertainties exist. The Trustees have considered the level of funds held and the expected level of income and expend iture for 12 months from authorising these financial statements. The budgeted income and expenditure for 2025126 and 2026127 financial years are sufficient with the level of reserves. The total unrestricted reserves are adequate and provide sufficient cash resources to allow Y55 to meet its operating liabilities as and when they fall due for a period of at least 12 months from the date of the a pproval of these financial statements. Donations and legacies 2025 2024 Grants and donations - Restricted Funds 3,775 4.106 Grants and donations - U nrestricted Fu nds 11.278 5,435 19
Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Notes to the Financial Statements - continued Yss Incoming resources from charitable activities 2025 2024 Restricted West Mercia AA- Appropriate Adult 31,096 28,722 Worcestershire Young Carers Core funding 110,804 110,805 Shropshire County Council Early Help - Enhance 396,445 Smallwood Trust- Women's Discretionary Fund 18,030 28,351 Smallwood Trust- Chrysalis 46,230 28,729 Smallwood Trust- Skills for Life 25,000 WW OPCC- Morse Safer Roads 242,444 235,383 WW OPCC- MORSE Youth 47,627 WM OPCC- Remembering Veterans 28,000 25,750 Action For Children - Worcs Early Help 50,500 79,984 Laslett's Trust 16,488 21,219 Families First 67,715 36,065 NACRO IMOJ) 329,892 259,275 Defence Medical Welfare Service 22,625 1,013,826 1,273,352 Unrestricted MOJ Core Cost Funding Sundry income 1,103,826 1,273.352 Further details on the above projects/income streams can be found in note 14. 20
Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Notes to the Financial Statements - continued Yss Investment income 2025 2024 Bank deposit interest 8,072 7,879 8,072 7,879 All of the above income for this year and the comparative year was attributable to unrestricted funds. 21
Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Notes to the Financial Statements- continued Y5S Staff costs 2025 2024 Gr055 Salaries 671,387 781,933 Employerfs National Insurance 55,588 64,158 Pension Costs 14,216 19,641 Redundancy Costs Total Payroll Costs 750,744 884.126 Staff Welfare Costs 3,929 4,581 Total Staff Costs 754,673 887,707 Included in the above gr055 salaries figure are consultancy costs of £12,66712024.. £16,189). The average monthly number of employees durin8 the year was as follows.. 2025 2025 2024 2024 Headcount FTE Headcount FTE Administration & management -Full time -Part time Support staff -Full time 15 14.9 18 18.0 -Part time li li 18.0 30 24.7 35 30.6 No12024.. NIL) employees earned more than £60,000 per annum (including taxable benefits but excluding employerfs pension contributions) during the year ended 31 March 2025. No remuneration was paid to Trustees during the year. 23
Yss Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Notes to the Financial Statements - continued The total amount of employee benefits received by key management personnel is £159,982 12024: £189,612). The charity considers its key management personnel comprise of five individuals being the Managing Director, Head of Resources and three Operations Managers. Net incoming resources for the year The net incoming resources are stated after char8in8'. 2025 2024 Auditors, remuneration 7,941 9,533 Pension costs 14,216 19,641 Depreciation 5,183 5,520 Taxation As a charitable company, YSS, is exempt from tax on income and gains faS1ing within section 478 of the Taxes Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen within the charitable company. 24
Yss Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Notes to the Financial Statements - continued Fixed assets Office equipment Computer equipment Fixtures & fittings Intangible assets Total Cost At l April 2024 12,716 18,428 674 2,880 34,698 Additions Disposals At 31 March 2025 12,716 18,428 674 2.880 34,698 Depreciation At l April 2024 12,516 13,670 449 2,880 29,515 Charge for the Year 2QO 4,758 225 5,183 Elimination on disposal At 31 March 2024 12,716 18,428 674 2,880 34.698 Net book value At 31 March 2025 At 31 March 2024 200 4,758 225 5,183 25
Yss Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Notes to the Financial Statements - continued io Debtors 2025 2024 Trade debtors 156,635 86,314 Prepayments 2,049 Other debtors 237,574 168,291 li Creditors: amounts falling due within one year 2025 2024 Trade creditors 11.817 21,458 Social security and other taxes 13 2,114 Accruals 29,981 38,678 Deferred income Ibelowl 30,600 83,730 RRLF Loan. 13,069 72,411 159,049 YSS took out £IOO,000 Coronavirus Recovery Loan backed up by UK Government Loan and provided by Social Investment Business in June 2021 to help fund our ICT transformation programme, a5 we found ourselves indirectly affected by the pandemic in that our ICT needed improvement following the general changes to working patterns and a bigger proportion of staff working remotely / from home. Deferred income is analysed below.. 2025 2024 Deferred income brought forward Released in year 83.730 183.7301 3,000 13.0001 Deferred during the year Deferred income carried forward 30,600 83,730 26
Yss Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Notes to the Financial Statements - continued The amounts are deferred when the charitable company does not have unconditional entitlement to the income or when the invoice relates to the delivery of a service and is therefore only recognised to the extent that the charitable company has provided the service Creditors: amounts falling due after one year 2025 2024 RRLF Loan 13,069 13,069 12 Pension Commitments The charitable company operates a def ined contribution pension scheme. Pension costs of £14.21612024'. £19,641 representing contributions payable by the charitable company to the fund, were charged in the statement of financial activities during the year. No further contributions are payable for the year. 13 Operating lease5 The total minimum lease payments due by the charitable company at 31 March 2025 in respect of non- cancellable operating leases are £N IL12024.. £N ILI 27
Yss Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Note5 to the Financial Statements - continued 14 Restricted Funds - current year 1£) Balance as at 0110412024 Incornin8 Resources Y55 Match Funding Resources Expended Balance as at 31103n025 West Mercia AA- Appropriate Adult 31,096 113,3651 117.7321 wyc Core 14,318 110,804 1,940 1126,4401 622 - General 3,775 11,9401 1,835 Smallwood Trust- First Dlrect 3,421 13.4211 Srnallwood Trust- Chrysalis 7,758 46,230 125.3721 28,616 Smallwod Trust-skills 4 Life 25,0(K) 122,5221 2,479 WWM CRC- Mor5e Safer Roads 47,067 242,444 11,7061 1222,5441 65,261 WWM OPCC- Morse Youth 47,627 1,706 134,3331 15,000 WM OPCC- Remember Veterans 3,482 28.000 12,690 144.1721 A¢tlon for Children-worcs Early Help 4,454 50,500 145,1291 9,825 26,244 67.715 140,4931 53,466 Laslett's trust 9.860 16,488 116,4881 9,859 YSS Discretionary Donations 1,259 16,547 116,5471 1,259 NACRO- Moj 111,585 329,892 112,6901 1285,0551 143.732 229,448 1,017,601 116,7861 1898,3101 331.953 28
Yss Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Notes to the Financial Statements - continued 14 Restricted Funds - prior year {El Balance as at 0110412023 Incornin8 Resources YSS Match Funding Resource5 Expended Balance as at 3110312024 West Mercia AA-Approprlate Adult 28,722 128,7211 wyc - Core 15411 114,910 27,519 1127.5701 14,318 General 49.814 149,8141 Children in Need 19.838 119.8381 1.788 11,7881 Shropshire County Council Early Help 396.445 159.1921 1337,2531 Smallwood frust- Flrst Dlrect 11.925 28.351 136,8561 3,420 Smallwood Trust- Chrysalis 1,134 28.730 122,1061 7,758 WWM CRC- ESS+ 7.705 17,7051 WWM CRC- through the gate 15.?57 115,7571 WWM CRC- Morse fer Roads 1.106 235,383 1,640 1191.0621 47.067 WM PCC-New ESP 1,000 11,0001 WM OPCC- Remember Veterans 25,750 122,2681 3,482 Action for Children-Worc5 Early Help 24,649 79,984 IICK),1791 4,454 1,551 36,065 111,3721 26,244 La51ett's trust 5,415 21,219 116,7741 9,860 IOM- Iris 3,486 13.4861 YSS Discretionary Donations 1,259 1.259 Eve50n Trust 20,000 120,0001 NACRO- MOJ 71,740 259,275 1219,4301 111,S85 Mentoring- MORSE 1,640 11,6401 Armed force5 Covenant 8,729 18,7291 vppp 2,320 22,624 124,9441 250,315 1,277.458 1159,7901 11,L38.5351 229,448 29
Yss Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Notes to the Financial Statements - continued West Mercia AA (Appropriate Adult) Provide volunteers to support young people aged 10 to 17 years with appropriate adults within West Mercia. Worcester Young Carers IWYC) schemes- Provide 5UPPOrt for carers aged 7 to 16 years old and young adult carers from age 17 to 24 within Worcestershire. Worcester Young Carers IWYCI Children in Need - To develop participation activities for young people. Worcester Youn8 Carers IWYCI #iwill - Community First To develop and train a group of young Carer5 to become Worcestershire Young Carers, Ambassador Shropshire County Council - Early Help - Provide Earty Help interventions in Shropshire, for children young People and their families when their needs cannot be met by routine universal services. Smallwood Trust - Women's First Direct - Discretionary Funding across all YSS projects to help women in financial adversity to become more resilient. Smallwood Trust - Chrysalis The women-only Chrysalis service, delivered in Shropshire and funded by Smallwood Trust, seeks to enable and empower women and their families to overcome disadvantage, inequality and poverty whilst increasing financial resilience. Smallwood Trust- Skills for Life- funding to support women in gaining life skills. WWM CRC - ES5* - Provides an Enhanced Support Service to target groups of offenders most at risk of reoffending, across the West Mercia region. WWM CRC- Through the Gate - Provides a Support Service which aims to prepare a nd help people to find their feet when they are released from custody. The service operates at HMP Hewell and HMP Featherstone. WM OPCC- Morse Safer Road An innovative safer roads initiative aimed at reducing the amount of road traffic offences being committed throughout West Mercia. WM OPCC- RememberVeterans-To continue recruitment, training, support & co-ordination of the Veterans Champions network across West Mercia. WM OPCC - New ESP - Employment Support Proramme, funding received in 2017118 to support people aged 18 plus who are in, or at risk of bein8 in, the criminal justice system with mental health issues, in order to break down barriers towards employability (real or perceived) and move them closer towards sustainable employment. 30
Yss Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Notes to the Financial Statements - continued Veterans Voices- Veterans Voices is funded by the Armed Forces Covenant. As part of our work with veterans, YSS works with a small number of ex-military personnel 3cross Shropshire and Telford, who have been involved in the Criminal Justice System and gave them the opportunity to be able to tell their stories in a safe and trusted environment. Action for Children - Worcester City Early Help - Provide volunteers to deliver interventions for Worcester City Early help to work with young people and their families when their needs cannot be met by routine universal services. Family First Support- Funded by Worcestershire Children First (part of WCCI, offers practical and emotional support to families of those in prison who reside in Worcester city. IOM - IOM Rehabilitation Intervention Service IIRISI - Provide Intensive support to a nominated group of IOM ex-offenders across Telford and Shropshire La51ett's Trust- Funding to support the recruitment and trainin8 YSS volunteers Eveson Trust- Funding received to enhance Your Carers service YSS Discretionary Donations- donations received from donors who would like the funds to be spent towards any YSS direct project costs las opposed to any costs). NACRO- MoJ- contract to support men on probation and leaving custody with their housing needs. Bromsgrove District Council- one off grant to provide additional mentoring sessions for #MORSE service users Armed Forces Covenant- one off grant to support veterans in our area of operation VPPP- funding provided by Medical Defence Welfare Service5 to support veterans in our area of operation. 31
Yss Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Notes to the Financial Statements- continued 15 Unrestricted fund5- current year Balance at Incomin8 Transfers Resources Balance at l April 2024 resources between funds expended 31 March 2025 Designated funds Deficit budget funding Herefordshire Chrysalis General Fund 310,996 19,350 16,786 141,7121 305,420 Total 310,996 19,350 16.786 141.7121 305,420 Unrestricted funds- prior year Balance at Incoming Transfers Resources Balance at l April 2023 resources between funds expended 31 March 2024 Designated funds Deficit budget funding Herefordshire Chrysalis General Fund 192,684 13,314 159,790 154.7921 310,996 Total 192.684 13,314 159,790 154,7921 310,996 32
Yss Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Notes to the Financial Statements - continued 16 Analysis of net assets between funds- current year Designated Unrestricted Restricted 2025 funds funds funds Total Cash at bank and in hand 140,256 331,953 472,209 Other net assets/lliabilitiesl 165,164 165,164 305,420 331,953 637,373 Analysis of net assets between fund - prior year Designated Unrestritted Restritted 2024 funds funds funds Total Cash at bank and in hand 296,571 229,448 526.019 Other net assets/lli3bilitiesl 14,425 14,425 310,996 229,448 S40,444 17 Reserves on dissolution The constitution states that no members shall be entitled, upon dissolution, to any part of the assets of the charitable company. Any assets remaining, after payment of all liabilities, shall be distributed to some other charity or charitie5 having similar objects and which prohibits the distribution of their income and property at the time of dissolution as chosen by the members at the time. 33
Yss Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Notes to the Financial Statements - continued 18 Control and members The charitable compa ny is under the control of the Tru5tee5. As at 31 March 2025, there were 6 members of the charitable company12024'. 4 membersl. 19 Reconciliation of net income to net cash flow from operating activities 2025 2024 Net income for the year 96,929 97.445 Interest receivable 18,0721 17,8791 Depreciation 5,183 5,520 Gain on disposal Ilncreasel in debtors 169,2831 52,935 Increase/lDecreasel in cred itors 186,6391 123,1331 Net cash flow from operating activities 161,8821 124,888 34
Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Y5S Thank ou and Acknowled ement5 We would like to extend a sincere 'thank you, to all our donors, partners and fundraisers who have supported us thi5 year,. it is through your support that we are able to reach more people in our local communities and have a greater impact. We would also like to thank all our staff and volunteers who have worked hard to deliver our services and enable local people to overcome barriers and achieve positive changes to look towards more hopeful futures. To all our supporters, fundraisers, staff, and volunteers - with your help we continue to grow and support our charity mission,. thank you. Take Action Get Involved We are a local charity that is rooted within the local communities we operate in. We love hearing back from you as much as possible so get in touch and get involved with usl Become a Volunteer Volunteers and the ethos and values that volunteering brings to YSS are hugely important to us. We aim to provide the highest standards of training and support to the volunteers that work alongside YSS and value the extra dimension and diversity they bring to our work. There are several exciting volunteer roles based within our services,. our volunteers are supported by a dedicated, friendly team of Volunteer Coordinators who are responsible for recruiting and supporting our volunteer5 across the region. If you'd like to volunteer for us, please go to vss.org.uk/why-volunteer and fill in an application form. Y5S Refer Anyone can refer into our service. Whether you are a practitioner working with someone who can benefit from some MORSE support or a concerned family merrber you can make a referral using our website. Visit the refer section on our website hit www. ss.or communiL -services refer and fill in the form. Make a Donation You can donate direct to us through our website's Just Giving page. Many of the people we help are facing greater hardship than ever before. Please donate to our Discretionary Distress Fund and help u5 to provide practical and emotional support to our service users. Go to yss.org.uk/donate to give online, or write to us at YSS, Polysec House, Blackpole Trading Estate West, Worcester, WR3 8TJ. 35
Yss Yss Annual Report and Audited Financial Statements For the Year Ended 31st March 2025 Fundraise for Us We are incredibly grateful to and inspired by, all those who give their time, effort into fundraising for us It is thanks to all your efforts that we are able to su pport even more people and have a greater impact. If you have a fundraising idea, or would like to find some inspiration, please See y55.or8.uVfundraise. If you're looking for an easy way to support us why not buy a Worcester Community Lottery ticket just go to hit www.worce5terlolter .or su orl ss-worcesler . Ticket5 Cost only £1 and you will be making a real difference to people in your local community. Become a Corporate partner Are you a local business or an international business with a branch in Worcestershire. Herefordshire, or Shropshire? Would you like to support a local charity that makes a real difference in the lives of people in your local area? Email us and let's have a conversation about how we can best support each otherl Share our News Did you know we are on Social media? Please share our news stories and social media posts with your friends, families and colleagues l Follow us @OfficialYSS on Facebook and Twitter, Thank you I 36