Y2 EDUCATION Annual Accounts and Trustees Report for the year ended 30.4.2024 Y2 EDUCATION Report and Accounts th 30 April 2024
Y2 EDUCATION Annual Accounts Trustees Report for the year ended 30.4.2024 Y2 EDUCATION Report and accounts FYE 30.4.2024 Contents Page Charity information Trustees. report Accountants. report Statement of financial activities Balance sheet Notes to the accounts Independent Examlner report 10
Y2 EDUCATION Annual Accounts and Trustees Report for the year ended 30.4.2024 CHARITY INFORMATION Trustees who served during the year: Anisa Hared Rahma Elmi Omar Adam Company Number: 08980859 Registered Charity Number: 1166329 RegRstered Office: (2nd Floor). Rear of 71 The Broadway, Southall, Middlesex, UBI ILA Accountallts and Independent Examiner: Anderson Pierce & Co 14 Alexandria Road, West Ealin& London, W13 ONR Bankers: Barclays Bak PIC Harrow Branch, Haow, Middlesex
Y2 EDUCATION Annual Accounts and Tm5tees Report foi the year ended 30.4.2024 Triistees, Repoi't The trustees are pleased to present their Annual Report alongside the financial statements of Y2 Education for the year ending 30 April 2024. Thcse documents have bcen prepared to cotnply with the requirements of the Companies Act and Chariti¢s Act 2006 and in accordance with the charity's governing documents, as well as the Accounting and Reporting by Cbaiities" Statement of Recominended Practice (SORP). Objectives aiid Aiins Oiir Mission.. The core mission of Y2 Education is to support students and parents in achieving their individual goals, wbile equipping children with the knowledge, skills, and practical abilities necessary to thrive. Key Objectives: - D¢livcr diverse and challenging education through innovative and excellent teaching niethods. - Celebrate acbievements and foster a "c2n41o" attitude among our students. Inspire individuals to achieve their personal best wbile developing social responsibility and a sensc of self-worth. In addition to these, Y2 Education continues to expand its tllentoring piDgrams, offeiing tailored support to meinbers. The organization encourages participation in competitions and events, particularly in ¢r¢ative writing, to inspire and nurture talent. Aims: Yeelo 2 Education aims to help all students achieve meaningful aCadniC outcoines, enabling progression into further education, employment, or training. Our focus is on Providing: - High-quality Mentoring to improve subject knowledge and study skills. Confidence-building PTograins designed to unlock each studcnt's potential. - Equitable oppoituniti¢s for young people to succeed, irrespective of iheir background. Governaiice and Trustees The trustees who served the charity during the reporting period were.. -Mrs. Anissa Hared (Member) - Mrs. Ra]llna Elini (Member) - Mr. Omar Adam (Men]ber) This report was approved by the Board of Trustees on.. This i'eport was approved by the Board of Trustees on 14th Deceinber 2024. Signed by: Ayan Hareed, Trugtee Notes: Further details, including fmancial statements and additional governance inforftnatio can be found in the accoinpanying documents.
Y2 EDUCATION Annual Accounts and Tnjstees Report for the year ended 30.4.2024 Y2 EDUCATION Accountants, Report Accountants, report to the directors of Y2 EDUCATION You consider that th¢ company is exempt from an audit for the year ended 30 April 2024. You have acknowledged, on thc balanee sheet, your responsibilitics for complying with the requirements of the Companies Act 2006 with respect to accollnling records and the preparation of accounts. These responsibilities incliide preparing accounts that give a trne and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the aecounts which comprise tbe Profit and Loss Account and the Balance Sheet from the accouiiting rccords of the company and on the basis of infornlation and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. Anderson Pierce & Co Accountants 14 Alexaudria Road West Ealing London W13 ONR 14 December 2024
Y2 EDUCATION Annual Accounts and Trustees Report for the y¢ar ¢nded 30.4.2024 Y2 EDUCATION STATEMENT OF FINANCIAL ACTIVITIES (SOFA) FOR THE YEAR ENDED 30 APRIL 2024 2024 2023 Fees and donations Fees and donations 385 576 32S 857 Other income Other DpeTating income Interest receivable 1.700 386 9,990 237 10.227 Total Income for the year 387 662 336 084 Cost of raw materials and consumables Purchases 8.411 Staff costs Wages and salaTtes Employerfs Nl Staff tralning and welfare Travel and subsistence Motor expenses 195,275 1,702 8,940 8,089 195,275 1,702 949 2.949 214,006 202 315 Depreciation and other amount$ written off assets Depreciation 1.665 Other charges Premises costs.. Rent Rates SeNice charges Light and heat Cleaning 69.690 12,375 8,578 17.467 1,003 109 113 57,750 5,910 421 14,968 812 General admirbistiative expenses.. Telephone and Internet stationery and printing Volunte8r cost Bank charg8S Insurance Repairs and maintenance 1,674 453 2.223 1,519 482 14,732 2,070 448 1,480 1,156 2,441 280
Y2 EDUCATION Annual Accounts and Trustees Report for the year ended 30.4.2024 Sundry oxpenses 29 Legal and professlonal costs.. Accountancy fees Other Other direct costs Total Resource Expended 202 022 149297 Total Resource Expènded 425 495 361583 Operatlng {Defl¢lt)for the year 137,833) {26,4991 Balance BIF 70,267 95,766 Balance Carried Forward
Y2 EDUCATION Annual Accounts and Trustees Report for the year ended 30.4.2024 Y2 EDUCATION LTD 0898085 Reglstered number: Balance Sheet as at 30 Aprll 2024 2024 2023 Fixed assets 1,243 2,384 Curienl ass&ls 32,302 78,775 Prepayments and accrued Income 36,236 82,709 Creditors.. amounts falling due wilhln one year Nel current assets Total assets less Cufrent Ilabililies Credllors.. amounlg falllng due after more than one year Net assets 33,856 74,190 ReseNes Unrestrlcted funds Number 44 Number 63 Average number of employees Ayan Hareed Director Approved by the board on 14 December 2024
Y2 EDUCATION Annual Accounts and Trustees Report for the year ended 30.4.2024 Notes to the financial statements For the year ended 30, April 2024 l. Accounting PoIicies Basis of Preparatlon,. The accounts are prepared under the historical cost convention and in compliance with the Financial Reporting Standard 102 (FRS 102) and Charities SORP {FRS 102). Fund Aecountlng.. All funds are unrestricted. Income Recognitlon: Income is recognized when receivable and can be measured reliably. Expendlture Reeognition.. Expenditure is recognized on an accrual basis. Fixed Assets.. Depreciation is calculated at 200/0 per annuni on a strdight.line basis. 2. Staff Costs Wages and salaries.. £195,275 Employer's Nl: £1,702 Staff welfare.. £8,940 3. Related Party Transactions No related party transactions occurr¢d during the year. Feès, Grants and Donatlons Tuitions Fees Rent Income Income for the Perlod 385,576.00 1700.00 387 276.00 Intèrest received 386.00 387 662.00 Total Income for the pei'iod including interest
Y2 EDUCATION Annual Accouiits and Trustees Report for the year ended 30.4.2024 INDEPENDENT EXAMINERYS RIPORT I report on the accounts of Y2 Education for the year ended 30th April 2024. Respective Re$ponsibilitKes The trustees are responsibl¢ for maintaining proper records and preparing accounts that comply with the Charities Act 2011. My responsibility IS to examine the accounts under section 145 of the Act. Independent Examiner's Statement Based on my examination, nothing has come to my attention to suggest,. l. Records were not kept in accordance with section 130 of the Charities Act. 2, Accounts fail to comply with accounting requirem¢nts. Signed by: Mr. A Abdullah (AFAIMIPA) Anderson Pierce & Co Ltd Accountants and Business Advisers 14 Alexandria Road London W13 ONR D&te: 14th December 2024 io