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2024-08-31-accounts

Company registration number: 07727783 Charity registration number: 1147443

Your Emotional Support Service

(A company limited by guarantee)

Annual Report and Financial Statements for the Year Ended 31 August 2024

Philip Barnes & Co (Uttoxeter) Ltd 40 Carter Street Uttoxeter Staffordshire ST14 8EU

Your Emotional Support Service

Contents

Reference and Administrative Details 1
Chief Executive Officer Report 2
Trustee' Report 3 to 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9
Notes to the Financial Statements 10 to 20

Your Emotional Support Service

Reference and Administrative Details

Chairman Mr James Alexander Tye Secretary Mr Sam Wright Charity Registration Number 1147443 Company Registration Number 07727783 The charity is incorporated in England. Registered Office 23 Carter Street Uttoxeter Staffs ST14 8EY Independent Examiner Philip Barnes & Co (Uttoxeter) Ltd 40 Carter Street Uttoxeter Staffordshire ST14 8EU

Page 1

Your Emotional Support Service

Chief Executive Officer Report for the Year Ended 31 August 2024

2024 has been a period of growth for YESS with some important new contracts having been onboarded.

I am pleased to welcome the Olympic Gold Medal Winner, Adam Peaty, to YESS as our Ambassador and I look forward to working with him in the future to raise the profile of the charity and develop our fundraising.

I am pleased to say that, despite the pressures on our staffing team and on charitable donations, YESS has continued to successfully deliver on its objectives and provide an invaluable service, at a high standard, to those most in need.

As an organisation we have seen a stabilisation of fixed costs and a reduction in our deficit. A full review of our operating processes and costs has enabled us to establish a solid commercial foundation and a deeper understanding as to our cost base. As we move forward, we are looking to build on our existing revenue streams and develop new opportunities to increase funding in the private and commercial sector.

Only by increasing our revenue and controlling our costs, can we meet our core objective to deliver support free at the point use to those who need it most but cannot afford it.

The year has seen a significant staffing challenges with Samantha Miles, our Clinical Lead stepping up to absorb many of the responsibilities of our previous CEO’s after they left the organisation. Sam has the grateful thanks of the Board, everyone that she has ever supported, and me personally for absolutely everything that she has done for YESS.

I’d like to take the opportunity to formally thank those colleagues who have left us over the last 12 months. Their contribution to the success of YESS and their professionalism is a wonderful reflection of their skills and values. We have also welcomed some exciting new additions, both in the clinical and management teams and look forward to the future with them in the charity.

I would also like to thank our Board of Trustees for their continued support over the last 12 months and recognise those who have accepted greater responsibilities as Directors of the Charity or have contributed to the various projects and workstreams that have been undertaken. Particular thanks go to Kathryn Blackburn and Fiona Bowyer who have taken on the HR and Marketing responsibilities following the changes in leadership. It is my aim, over the coming year, to further strengthen our board with a wide range of skills and diversity which will add strength to YESS and the work we do.

James Tye - Chair

Page 2

Your Emotional Support Service

Trustee' Report

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2024 The trustees have adopted the provisions of 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 UK and Republic of Ireland (FRS 102) (effective 1 January 2015).

DIRECTORS AND TRUSTEES

The directors of the Charity are its trustees for the purpose of Charity law and throughout this report are collectively referred to as the trustees. The trustees serving during the year and since the year end were as follows:

Chairman Mr James Tye

Secretary: Mr Sam Wright

Treasurer: Mr Alan Curtis

Trustees:

Mr Stephen Hill

Mrs Kathryn Blackburn

Mr Zdzislaw Krupski left Dec 2023

Miss Leighanne Mayall

Mrs Fiona Bowyer appointed Dec 2023

OBJECTIVES AND ACTIVITIES

YESS provides support for emotional and mental health related issues to individuals operating within Staffordshire but primarily within Uttoxeter and surrounding areas. YESS offer therapeutic interventions via counselling, training and groupwork. YESS offer a blended approach to delivery and now offer online sessions to those who feel this is most helpful.

YESS aims to provide a safe, professional, and high-quality service to the community and ensure that all provision is insured monitored and adheres to BACP ethical framework

.

Our objectives are:

YESS provides a safe space where you can safely explore your diverse mental health and wellbeing.

Our values:

Flexible: Offering a varied skillset to meet your needs.

Family: Respecting and understanding families as the experts in their own experience.

Freedom: Enabling freedom and acceptance without judgement.

Forward Thinking: An innovative service that grows with the community.

Page 3

Your Emotional Support Service

Trustee' Report

YESS SERVICE DELIVERY

Structure, governance and management

Nature of governing document

Your Emotional Support Service is a Company limited by guarantee and not having share capital. It is a not for profit making organisation and registered Charity governed by its Memorandum and Articles of Association.

Recruitment and appointment of trustee

The Charity recognizes that the trustee board needs to have a diverse range of skills, experience and knowledge to run the organization effectively. Trustees were previously appointed on a word of mouth and personal recommendation basis. However, it has been identified that it needs more skills and experience in identifiable regions such as bid-writing, policies, and procedures, and third sector organizational development awareness. New Trustees have been successfully appointed with much-needed skills that have added depth to the management committee.

Induction and training of trustee

We aim to continue to provide training on identified areas of governance for all trustees and potential trustees. All trustees are given the YESS business plan that outlines the organization's future development and information about Charity's structure and remit. The trustees and staff benefit from joint collaborative working, and therefore we aim to have more days planned to look at the service development.

Organisational structure

The Management Committee comprises seven elected trustees, of which includes three appointed officers. The Committee meets regularly throughout the year. A majority vote takes decisions, and the Committee appoints a Service Lead to manage the organisation's day-to-day operations, ensure that the organisation meets its aims and objectives, provide leadership to the organisation, and take responsibility, alongside the trustees, for strategic development and planning.

Financial instruments

Objectives and policies

The charity's activities expose it to a number of financial risks including credit risk, cash flow risk and liquidity risk. The use of financial derivatives is governed by the charity’s policies approved by the board of trustee, which provide written principles on the use of financial derivatives to manage these risks. The charity does not use derivative financial instruments for speculative purposes.

Page 4

Your Emotional Support Service

Trustee' Report

Cash flow risk

The charity’s activities expose it primarily to the financial risks of changes in foreign currency exchange rates and interest rates. The charity uses foreign exchange forward contracts and interest rate swap contracts to hedge these exposures.

Interest bearing assets and liabilities are held at fixed rate to ensure certainty of cash flows.

Credit risk

The charity’s principal financial assets are bank balances and cash, trade and other receivables, and investments. The charity’s credit risk is primarily attributable to its trade receivables. The amounts presented in the balance sheet are net of allowances for doubtful receivables. An allowance for impairment is made where there is an identified loss event which, based on previous experience, is evidence of a reduction in the recoverability of the cash flows.

The credit risk on liquid funds and derivative financial instruments is limited because the counterparties are banks with high credit-ratings assigned by international credit-rating agencies.

The charity has no significant concentration of credit risk, with exposure spread over a large number of counterparties and customers.

Liquidity risk

In order to maintain liquidity to ensure that sufficient funds are available for ongoing operations and future developments, the charity uses a mixture of long-term and short-term debt finance. Further details regarding liquidity risk can be found in the Statement of accounting policies in the financial statements.

Policy on reserves

The Trustees have examined the requirement for their retained funds. In line with revised guidance from the Charity Commission (2012), Trustees have attempted to place an approximate value based on identifying the circumstances in which the retained funds would be needed to sustain charitable activities.

The Charity aims to maintain a funds balance of which is sufficient to cover short term operating costs. The Trustees consider sufficient funds will provide the ability to respond to applications for grants, provide services and facilities to children, young people and families and ensure that support costs are met for an adequate period.

The organisation is well placed in terms of current funds, and this will be monitored and reviewed quarterly by the Trustees and Service lead, to avoid closure if funding difficulties arise.

The Board of Trustees of YESS has agreed to keep a certain level of monetary funds to ensure that the primary operations can continue. The Trustees consider that the unrestricted funds as disclosed in the Statement of Financial Activities are a suitable target sum for general funds to be set at. This amount covers the management, administration, contracts, and support costs, without which the Charity could not function.

Statement of trustee' responsibilities

The trustee (who are also the directors of Your Emotional Support Service for the purposes of company law) are responsible for preparing the trustee' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

Page 5

Your Emotional Support Service

Trustee' Report

Company law requires the trustee to prepare financial statements for each financial year. Under company law the trustee must not approve the financial statements unless they are satisfied that they 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 its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustee are required to:

The trustee are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial 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.

The trustee are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Disclosure of information to auditor

Each member has taken steps that they ought to have taken as a member in order to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that information. The trustee confirm that there is no relevant information that they know of and of which they know the auditor is unaware.

The annual report was approved by the trustee of the charity on .................... and signed on its behalf by:

......................................... Mr James Alexander Tye Chairman

Page 6

Your Emotional Support Service

Independent Examiner's Report to the trustees of Your Emotional Support Service ('the Company')

I report to the charity trustee on my examination of the accounts of the Company for the year ended 31 August 2024.

Responsibilities and basis of report

As the charity’s trustee of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of Your Emotional Support Service as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

......................................

40 Carter Street Uttoxeter Staffordshire ST14 8EU

Date:.............................

Page 7

Your Emotional Support Service

Statement of Financial Activities for the Year Ended 31 August 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

Note
Income and Endowments from:
Donations and legacies
3
Charitable activities
Total income
Expenditure on:
Raising funds
Charitable activities
4
Total expenditure
Net expenditure
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
13
Note
Income and Endowments from:
Donations and legacies
3
Charitable activities
Total income
Expenditure on:
Raising funds
Charitable activities
4
Total expenditure
Net expenditure
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
13		 Unrestricted
funds
£
190,466
10,939
201,405
(213,441)
(17,381)
(230,822)
(29,417)
(29,417)
139,488
110,071
Unrestricted
funds
£
185,257
6,553
191,810
(236,312)
(11,852)
(248,164)
(56,354)
(56,354)
195,843
139,489		 Total
2024
£
190,466
10,939
201,405
(213,441)
(17,381)
(230,822)
(29,417)
(29,417)
139,488
110,071
Total
2023
£
185,257
6,553
191,810
(236,312)
(11,852)
(248,164)
(56,354)
(56,354)
195,843
139,489

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2022 is shown in note 13.

The notes on pages 10 to 20 form an integral part of these financial statements. Page 8

Your Emotional Support Service

(Registration number: 07727783) Balance Sheet as at 31 August 2024

Note
Fixed assets
Tangible assets
9
Current assets
Debtors
10
Cash at bank and in hand
11
Creditors: Amounts falling due within one year
12
Net current assets
Net assets
Funds of the charity:
Unrestricted income funds
Unrestricted funds
Total funds
13		 2024
£
11,328
20,120
88,303
108,423
(9,680)
98,743
110,071
110,071
110,071		 2023
£
8,786
22,919
130,999
153,918
(23,215)
130,703
139,489
139,489
139,489

For the financial year ending 31 August 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements on pages 8 to 20 were approved by the trustee, and authorised for issue on .................... and signed on their behalf by:

.........................................

Mr James Alexander Tye Chairman

The notes on pages 10 to 20 form an integral part of these financial statements. Page 9

Your Emotional Support Service

Notes to the Financial Statements for the Year Ended 31 August 2024

1 Charity status

The charity is limited by guarantee, incorporated in England, and consequently does not have share capital. Each of the trustee is liable to contribute an amount not exceeding £Nil towards the assets of the charity in the event of liquidation.

The address of its registered office is: 23 Carter Street Uttoxeter Staffs ST14 8EY

Authorised for issue date

2 Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

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 UK and Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Basis of preparation

Your Emotional Support Service meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

The trustee consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.

Income and endowments

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.

Page 10

Your Emotional Support Service

Notes to the Financial Statements for the Year Ended 31 August 2024

Donations and legacies

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.

Legacy gifts are recognised on a case by case basis following the grant of probate when the administrator/executor for the estate has communicated in writing both the amount and settlement date. In the event that the gift is in the form of an asset other than cash or a financial asset traded on a recognised stock exchange, recognition is subject to the value of the gift being reliably measurable with a degree of reasonable accuracy and the title to the asset having been transferred to the charity.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Raising funds

These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.

Support costs

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.

Governance costs

These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustee meetings and reimbursed expenses.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets costing £0.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Page 11

Your Emotional Support Service

Notes to the Financial Statements for the Year Ended 31 August 2024

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Foreign exchange

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are reported at the rates of exchange prevailing at that date.

The results of overseas operations are translated at the average rates of exchange during the period and their balance sheets at the rates ruling at the balance sheet date. Exchange differences arising on translation of the opening net assets and results of overseas operations are reported in other comprehensive income and accumulated in equity (attributed to non-controlling interests as appropriate).

Other exchange differences are recognised in the Statement of Financial Activities in the period in which they arise except for:

1) exchange differences on transactions entered into to hedge certain foreign currency risks (see above);

2) exchange differences arising on gains or losses on non-monetary items which are recognised in other comprehensive income; and

3) in the case of the consolidated financial statements, exchange differences on monetary items receivable from or payable to a foreign operation for which settlement is neither planned nor likely to occur (therefore forming part of the net investment in the foreign operation), which are recognised in other comprehensive income and reported under equity.

Page 12

Your Emotional Support Service

Notes to the Financial Statements for the Year Ended 31 August 2024

Fund structure

Unrestricted income funds are general funds that are available for use at the trustee discretion in furtherance of the objectives of the charity.

Financial instruments

Classification

Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.

Recognition and measurement

All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.

Page 13

Your Emotional Support Service

Notes to the Financial Statements for the Year Ended 31 August 2024

Debt instruments

Debt instruments which meet the following conditions are subsequently measured at amortised cost using the effective interest method:

(a) The contractual return to the holder is (i) a fixed amount; (ii) a positive fixed rate or a positive variable rate; or (iii) a combination of a positive or a negative fixed rate and a positive variable rate.

(b) The contract may provide for repayments of the principal or the return to the holder (but not both) to be linked to a single relevant observable index of general price inflation of the currency in which the debt instrument is denominated, provided such links are not leveraged.

(c) The contract may provide for a determinable variation of the return to the holder during the life of the instrument, provided that (i) the new rate satisfies condition (a) and the variation is not contingent on future events other than (1) a change of a contractual variable rate; (2) to protect the holder against credit deterioration of the issuer; (3) changes in levies applied by a central bank or arising from changes in relevant taxation or law; or (ii) the new rate is a market rate of interest and satisfies condition (a).

(d) There is no contractual provision that could, by its terms, result in the holder losing the principal amount or any interest attributable to the current period or prior periods.

(e) Contractual provisions that permit the issuer to prepay a debt instrument or permit the holder to put it back to the issuer before maturity are not contingent on future events, other than to protect the holder against the credit deterioration of the issuer or a change in control of the issuer, or to protect the holder or issuer against changes in levies applied by a central bank or arising from changes in relevant taxation or law.

(f) Contractual provisions may permit the extension of the term of the debt instrument, provided that the return to the holder and any other contractual provisions applicable during the extended term satisfy the conditions of paragraphs (a) to (c).

Debt instruments that are classified as payable or receivable within one year on initial recognition and which meet the above conditions are measured at the undiscounted amount of the cash or other consideration expected to be paid or received, net of impairment.

With the exception of some hedging instruments, other debt instruments not meeting these conditions are measured at fair value through profit or loss.

Commitments to make and receive loans which meet the conditions mentioned above are measured at cost (which may be nil) less impairment.

Investments

Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through profit or loss. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

Investments in subsidiaries and associates are measured at cost less impairment. For investments in subsidiaries acquired for consideration including the issue of shares qualifying for merger relief, cost is measured by reference to the nominal value of the shares issued plus fair value of other consideration. Any premium is ignored.

Page 14

Your Emotional Support Service

Notes to the Financial Statements for the Year Ended 31 August 2024

Derivative financial instruments

The charity uses derivative financial instruments to reduce exposure to foreign exchange risk and interest rate movements. The charity does not hold or issue derivative financial instruments for speculative purposes.

Derivatives are initially recognised at fair value at the date a derivative contract is entered into and are subsequently remeasured to their fair value at each reporting date. The resulting gain or loss is recognised in statement of financial activities immediately unless the derivative is designated and effective as a hedging instrument, in which event the timing of the recognition in statement of financial activities depends on the nature of the hedge relationship.

Fair value measurement

The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are unavailable, the price of a recent transaction for an identical asset provides evidence of fair value as long as there has not been a significant change in economic circumstances or a significant lapse of time since the transaction took place. If the market is not active and recent transactions of an identical asset on their own are not a good estimate of fair value, the fair value is estimated by using a valuation technique.

3 Income from donations and legacies

Donations and legacies;
Donations from individuals
Legacies
Gift aid reclaimed
Regular giving and capital donations
Donations and legacies;
Donations from individuals
Legacies
Gift aid reclaimed
Regular giving and capital donations		 Unrestricted
funds
General
£
22,950
83,010
13,031
71,475
190,466
Unrestricted
funds
General
£
17,612
86,779
12,810
68,056
185,257		 Total
2024
£
22,950
83,010
13,031
71,475
190,466
Total
2023
£
17,612
86,779
12,810
68,056
185,257

4 Expenditure on charitable activities

Page 15

Your Emotional Support Service

Notes to the Financial Statements for the Year Ended 31 August 2024

Note
Governance costs
5
Total for 2023		 Unrestricted
funds
General
£
17,381
11,852		 Total
funds
£
17,381
11,852
Total
expenditure
£

In addition to the expenditure analysed above, there are also governance costs of £17,381 (2023 - £11,852) which relate directly to charitable activities. See note 5 for further details.

5 Analysis of governance and support costs

Governance costs

Marketing and publicity
Other governance costs
Total for 2024
Total for 2023
6
Staff costs
The aggregate payroll costs were as follows:
Staff costs during the year were:
Wages and salaries
Social security costs		 Unrestricted
funds
General
£
367
14,866
15,233
11,852
2024
£
171,090
6,371
177,461		 Total
funds
£
367
14,866
15,233
11,852
2023
£
189,311
5,511
194,822

The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:

Employees 2024
No
11		 2023
No
14

Page 16

Your Emotional Support Service

Notes to the Financial Statements for the Year Ended 31 August 2024

No employee received emoluments of more than £60,000 during the year.

7 Independent examiner's remuneration

Other fees to examiners
The examining of accounts of any associate of the charity		 2024
£
2,148		 2023
£
2,291

Page 17

Your Emotional Support Service

Notes to the Financial Statements for the Year Ended 31 August 2024

8 Taxation

The charity is a registered charity and is therefore exempt from taxation.

9 Tangible fixed assets

Cost
At 1 September 2023
Additions
At 31 August 2024
Depreciation
At 31 August 2024
Net book value
At 31 August 2024
At 31 August 2023
10 Debtors
Trade debtors
Prepayments
Accrued income
11 Cash and cash equivalents
Cash on hand
Cash at bank		 Furniture and
equipment
£
8,786
2,542
11,328
-
11,328
8,786
2024
£
19,335
785
-
20,120
2024
£
82
88,221
88,303		 Furniture and
equipment
£
8,786
2,542
11,328
-
11,328
8,786
2024
£
19,335
785
-
20,120
2024
£
82
88,221
88,303		 Total
£
8,786
2,542
11,328
-
11,328
8,786
2023
£
10,199
157
12,563
11,328
-
11,328
8,786
2024
£
19,335
785
-
20,120
2024
£
82
88,221
88,303
22,919
2023
£
193
130,806
130,999

12 Creditors: amounts falling due within one year

Page 18

Your Emotional Support Service

Notes to the Financial Statements for the Year Ended 31 August 2024

Other taxation and social security
Other creditors
Accruals
13 Funds
Balance at 1
September
2023
£
Unrestricted funds
General
139,488
Balance at 1
September
2022
£
Unrestricted funds
General
195,843
14 Analysis of net assets between funds
Tangible fixed assets
Current assets
Current liabilities
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Total net assets		 Incoming
resources
£
201,405
Incoming
resources
£
191,810		 2024
£
1,492
5,353
2,835
9,680
Resources
expended
£
(230,822)
Resources
expended
£
(248,164)
Unrestricted
funds
General
£
11,328
108,423
(9,680)
110,071
Unrestricted
funds
General
£
8,786
153,918
(23,215)
139,489		 2023
£
2,202
20,238
775
23,215
Balance at 31
August 2024
£
110,071
Balance at 31
August 2023
£
139,489
Total funds at
31 August
2024
£
11,328
108,423
(9,680)
110,071
Total funds at
31 August
2023
£
8,786
153,918
(23,215)
139,489

Page 19

Your Emotional Support Service

Notes to the Financial Statements for the Year Ended 31 August 2024

15 Analysis of net funds

15 Analysis of net funds
Cash at bank and in hand
Net debt
Cash at bank and in hand
Net debt		 At 1
September
2023
£
130,999
130,999
At 1
September
2022
£
181,535
181,535		 At 31 August
2024
£
130,999
130,999
At 31 August
2023
£
181,535
181,535

16 Related party transactions

There were no related party transactions in the year.

Page 20

Your Emotional Support Service

Statement of Financial Activities by fund for the Year Ended 31 August 2024

Unrestricted Funds

Unrestricted Funds
Income and Endowments from:
Donations and legacies
Charitable activities
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
Net expenditure
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Total
Unrestricted
Funds
2024
£
190,466
10,939
201,405
(213,441)
(17,381)
(230,822)
(29,417)
(29,417)
139,488
110,071		 Total
Unrestricted
Funds
2023
£
185,257
6,553
191,810
(236,312)
(11,852)
(248,164)
(56,354)
(56,354)
195,843
139,489

This page does not form part of the statutory financial statements. Page 21

Your Emotional Support Service

Detailed Statement of Financial Activities for the Year Ended 31 August 2024

Income and Endowments from:
Donations and legacies (analysed below)
Charitable activities (analysed below)
Total income
Expenditure on:
Raising funds (analysed below)
Charitable activities (analysed below)
Total expenditure
Net expenditure
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Total
2024
£
190,466
10,939
201,405
(213,441)
(17,381)
(230,822)
(29,417)
(29,417)
139,488
110,071		 Total
2023
£
185,257
6,553
191,810
(236,312)
(11,852)
(248,164)
(56,354)
(56,354)
195,843
139,489

This page does not form part of the statutory financial statements. Page 22

Your Emotional Support Service

Detailed Statement of Financial Activities for the Year Ended 31 August 2024

Donations and legacies
Committed giving
Legacies and bequests
Appeals and donations
Gift Aid tax reclaimed
Charitable activities
Other
Raising funds
Wages and salaries
Staff NIC (Employers)
Staff pensions (Defined contribution) - pension scheme 1
Subcontract cost
Staff training
Rent and rates
Light, heat and power
Computer software and maintenance costs
Charitable activities
Insurance
Repairs and maintenance
Telephone and fax
Printing, postage and stationery
Sundry expenses
Travel and subsistence
Advertising
Independent examiner's fee
Bank charges		 Total
2024
£
71,475
83,010
22,950
13,031
190,466
10,939
10,939
(171,090)
(6,371)
(3,239)
(12,605)
(748)
(11,064)
(2,955)
(5,369)
(213,441)
(998)
(56)
(1,777)
(958)
(2,562)
(7,801)
(367)
(2,148)
(714)
(17,381)		 Total
2023
£
68,056
86,779
17,612
12,810
185,257
6,553
6,553
(189,311)
(5,511)
(3,012)
(21,422)
(832)
(8,827)
(3,095)
(4,302)
(236,312)
(755)
(262)
(1,453)
(1,244)
(1,987)
(2,705)
(1,131)
(2,291)
(24)
(11,852)

This page does not form part of the statutory financial statements. Page 23