Firefox about.'blan YELLOW RIBBON COMMUNrrY CHAPLAINCY Charlty registration numbgr 1168292 IEngland and Wales) Company reglstrdtion nunkn 09639884 ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMEPWd FOR THE YEAR ENDED 31 JULY 2024 l of24 2810412025, 16:16 Firefox about.'blan YELLOW RIBBON COMMUNITY CHAPLAINCY LEGAL AND ADMINISTRATIVE INFORMATION Thtstse$ MrTRCurrie Mr P Wal(er Rev T A Bryan Mr R C Sc￿￿ding MrPMBel (Appoinled 13 MwGh 202• SeGvetsry Mr$PDM￿k Charity number (England and W•l•8 1168292 Company number R•glstèr•d offic• Meeting Point House &xrthwater Square Telford Slwopshire TF3 4HS Independent examiner Dyke Yaxley Limitwj 1 Brassey Road Old Potts Shrewsbury Shropshire SY3 7FA Bankers The CwratNe Bank Delf House Southway Skelmersdale WN86 of24 2810412025, 16:16 Firefox about.'blan YELLOW RIBBON COMMUNITY CHAPLAINCY CONTENTS P•ge Trustees. report Independent examinerfs report Statemerrt of finant4al activbt Balance sheet Statemerrt of rA5h flows Notes to the fina￿la1 ststemenls 9-20 3 of24 2810412025, 16:16 Firefox about.'blan YELLOW RIBBON COMMUNITY CHAPLAINCY TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 JULY2024 The IrL￿teeS KKesent1heir annual report and financial statemerrts for th6 year ended 31 July 2024. The finanaal statements have been prepared in accordance wrth the accounting wlKies set out in note 1 to the financial statements and compty with the chaiiV$ goveming document, Ihe Companies Act 2006 and "Accounting and Rep¢Jrting by Charities.. Statement of Reeommended Practice appfjcable to chariti.ès preparing their accounts in accordance wlh the Flnancial Reporlvvj Standard applicable in fv UK and Republic of Ireland (FRS 102>" (effective 1 January 2019). ObjeGtivgs and a¢tiviti•# Yellow Ribbon Community Chaplaincy is a registered charity *xYking in Shropshire and the MNJlands for the publi¢ benefit to promote the h8alth and wellbeing. ed￿at1￿ arKI Tel￿f of poverty of those persons who are li prison. th0$8 leaving prison. those al risk of offendiryJ and their families by prowding resettiement and rehabilitation seNices induding. but not limited lo. the provision of menloring, training. accommodation and support seTri¢es. Sltstegies for achieving aims and obiectsves Visic Our Vision is to joumey with people Ihrough the many obstacles they fa￿ into a sustainable future. Kèy to this transformation is bulding a trusted and valued relationship so their voice is heard. Focusing on the one is essontial. as eath of our tlienls is unique and needs support taibxed to their needs. Mission Our Mission is lo support the resetlemenl of peo* being re￿ased from WIsr￿ arKI prevent reoffending by aGting as a bridge betr4een the statutory sec#or and the communlty through mentorirKJ and community dev8lopmenl. Obje¢tives 2023r24 Embed operating Model integrating housing and employabilty stream Introduce peer support pwamme for drug and aknhol recovery in ts)uses Embed tailored approach to employablity Devek)p West Midlands Housing prclecl Set up effertive infrastructure and strengthen sustainability Pubfjc benefft The trustees have paid due regard to guidan￿ rssued by the Charity Com)ission in deciding what ac*ivrbes the tharity sh￿Ild ￿d￿rtake. Voluntee The L*￿ty is a mentoring organisatKin al its heart. In October 2013. the proiecl piloted 8 mentoring approach to supp)rting those leamng prison who were relurrsing to Shropshire. In March 2015, the tharity was accredited with the Approved Provider Standard trom the Mentoring and Befriending Foundation. This is an extract from the final "The reGommendalion to approve the prcyect for APS is given wilhovt reservation. Yellow Ribt*)n has internal mechanisms and prwedures that demon5tr8le a ￿mmitMent to robust organisation and a high standard of project working. aknng with strong inler-agency partnership and community nelworknng. Wth the value 'everyC￿e is unique,, the projed is set up to be suppOrtp￿, responsive and flexit4e as needs arise. aThJ with the iTrbuill strength in the flow of communication between staff and volunteers. they actrrfely seek lo achieve their purpose and provide a quality servi¢è.' From this foundatKffi. the th￿lty started dèveloping ils irysion for Ihe scaling up of this wort across the region. This was en￿uraged by probalion and prison resettlement teams. In the three years to 2018, the charity traw)8d over 100 mentors. Since then mentomg has continued to be a CO￿ pro￿s1On prowded by the staff. H¢)wever. in 2020 tho National Faith lead encouraged us to continue with thts work ￿gIOnallY. Afresh infomiation sharing agTeemenl wa$ completed wrth the reslruGtured probation serwce in 2021. Yelltr•Y Flbbon Communty Chaplaincy 1$ thè single point of contact for mentoring through the gate into failh ¢ommunilies in the West Midlands. The charty is inspired to develop a regional and conneded mentoring network ￿)SS the Midlands. of24 2810412025, 16:16 Firefox about.'blan YELLOW RIBBON COMMUNITY CHAPLAINCY TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY2024 Achievements and perfornmnce Significant activities and achievements 8gainst obiectNes This last year has seen a new team arrive to undertake the operats.onal work al Yelbw Rit*)on. The nurturing work has continued with a foundati￿ ￿￿r$6 which has brKlpd the gap from the end of the emtdoyment support prewously delivered through EU fuThling. This has Wped to establsh person c*ntr8d goals. A su(tessfvl sports project brought some excellent results with Ihe fill￿S and mentsj heath of participants. This work was profiled on the We$t Midlands news. The chaplaincy dep￿tr￿ has taken on the progtamme of adiwlies and engaged new instructors. The charity was 5uwessful in a competilw• bid to secure fijnds from the depathent of LeveEfing w to purthase Halfvlay House on the Wrekin. We were awarded £320,CU) to purchase this Icon￿ asset in March and by June the purchase was complete. The eaté was ready to open by 31 July 2024. its first trial day of trading. The objectives have four themes as follows.. Hospitslity- thrr4ryng Gafé Wellbeng and whobness Unlo¢king potential Physical activity in a nalural environment. This opens a new major strand of preventton for the tharity. Our slrategic pkn is bery remtsjeled to briTrJ this nerfd work to life. Housing support strengthened fijrther with a mullprfiscip&nary team delivering a wride ￿ge of inteNentions which brought Significant change. This is ts)ntinuing to buikl slabifty- The number of properties in Stsfford, Walsall and Wolverhampton, We51 Midlands. and Shropshire remained the same. are considering a move into worcestershi￿ $0 that we can offer more people leaving prison. a rnwt￿eeded resource and w¢)rk dosely with criminal justice partner5 and the local authority lo provide a safe. sustaina1￿e and stable fNing enwronment. The development of rAJr ccunprehertsive support is continuing to be Sha￿ within our three pThxlies: somewhe safe and stable lo live: something meani1￿1 to do: someone to walk alongside you. Direcl woth in prison is ongory in prisons, Hewel and Oakwood. Team members also vi*t Fosse Way and Feather$t￿e on Sundays once a monlh. The ￿sIng team also worked dosely with the drug and indusion team at Oa￿￿00d and wsited Bmsford. Yenow Ribbon LY)ntinue lo work with the Pfobation Service and the Communty Chaplaincy A$s￿latt.0n, our umbrella body. to develop support for those engaging with chaplaincies in prison. Our pilot work, faith, 1$ formaty recognised as a protective characterists'c for those leaving prison. By the end of the year prisons were bein9 reengage(l. Research was undertaken by fhe Roehampton Institirte to identrfy th6 slronglhs of our faith-based work with dients who have opted for a spirrtual element of their recovery. Thm key factors were idenlrfied that enabled a thriving communty for those experiencing support with Rtsbon. Inrtialty named as the middleman for d￿nts, fijrther work established that our work could be c*waCa￿lSed as a9>)mp￿lMent. a catslyst and intercession. 2024 OUTCOMES Over the la51 year, 100 people were direclly trelped through our supported li%ryng x*eme Average length of stsy has reduced lo 20 weeks 80 people were mentoréd 10 people havè gone into frjrther training 3 Fwle secured emph)yment 5 of24 2810412025, 16:16 Firefox about.'blan YELLOW RIBBON COMMUNITY CHAPLAINCY TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY2024 Financlal revlew In 2023r24 the charity had a totd income of£932.325 (2023. £663.C60) and a lotsl expendrture of £570.32812023'. £588,449). The stronger surplus is continuing to build the reseNe lo cover operational costs which is vital lo a growing tharity. In 2023124, we maintained a light ￿n1rd on èxpendtture and we will continue lo do so in 2024r25. The new projed base is Halfway House and Meeting Point House is still our office base. Its location Southwater de$ a strong community resource to our dients. Whilst our income from the European social funding finished, is antiapated Ihal the income from the Halhvay House ￿11 replace this in future years. In 2024125, the budgeted income and expenditure is expected to be static as the housing scheme remained the same in Tellord, Stafford. Shrewsbury. Walsall and Wolverhampton. Reseryes policy The Iruslees are moving towards befvTren three and six months reserves lo cover yrating costs and are focused on staff salarie5. Operating lease commitrnents have been carefulty rewewed. The level set recognises salaries as the major area of gxpèndTture and takes account of thè fact that vulnerable peop18 are dependent on the services supplied. and the charity is dependent in part on vokjntary gifts and donations. As at 31 JU￿ 2024. the ¢hari￿$ level of free reserves stsrKls at £27.324 <2023: £26,253). Free reserves are cal¢ulaled as total unrestricted funds, eXdud1￿ d8￿gnated funts. and any unrestri¢t•d funds tied up in tang￿16 fixed assets. The cakulalion is as follCv￿'. Total Unrestricted Funds. £602.574 Less.. Designaled Funds.. £(110.C(10} Less.. UnrestrKted Funds Invested in Fixed Assets". £(465.250} Free Reserves.. £27,324 The firture h(wsing commitinents will be met by ￿rrent and firture housing tenefits {as per nole 21) and a therefore exduded from the free reserves caknlabon. Maiorrisks The trustees review the tharity's main risks on a reguLqr basis. They are responsible for approviry and overseeing the implemelltation of any changes to procedures, training or other actions lo mitigate Ihe risks the charity faees. A fofmal Risk Register wll be established by the trustees in the next stx months. Al areas which are RAG rated. with high prvJrity a￿8$ separately reported. Plans for future periods Aims & Prioritiès Somewhere safe and seryjre to liva 2. Something meaningful lo do 3. Someone to walk alongsbde Our five-year Strategic Plan 2019-2024 has 5 obiedives are: 1. Deveh)p mentoring and beftiending capability 2. Enhance employment pathway 3. Accommodation- improve access aThJ qualty 4. Strengthen Ihe recovery joumey 5. Set up effertNe infrastrudure 6of24 2810412025, 16:16 Firefox about.'blan YELLOW RIBBON COMMUNITY CHAPLAINCY TRUSTEES, REPORT IINCLUDING DIRECTORS. REPORT) {CONTINUED) FOR THE YEAR ENDED 31 JULY 2024 Structure. goYernan¢o and managenxnt Tha charity is a tharitable company ty guarantee and gO￿ned by its MerTrJrwthm aTrl Artl&s of As5oU8￿C• dated 17 AprS12015. It is ￿$ter8d ay a th8nty *)th the Chanty comwi￿. In thè event of winding up. membw¥' &ablities 0￿ Smitgd to £1 ea¢*. Tha da¥4￿aY of th8 ¢*wity are ddegated by the Trust&s to tr* Manag￿ tea￿ The d)8rWs managernenl te4Th who durir*J tr* year and upto the dats ol sgiature oflh8 slatefflenl8 wore.. Mrs P Mad(, CEO Mr P Bell. Deputy CEO The Iruslees. arn also the FXV rf COTfWry law. ¥•fio $8r¥•S d￿Ing thè year arvj up to the date of signature ofthe finanL¥al stat￿￿￿Wer Mr T R CU￿Le Mr P ￿ker Mrs L Tower8 Rev T A Bryan Mr R C s￿uldIng MrPMBell (Rwed 20 PAart* 2Q4) (wrted 13 Mwch 2025) Trustses ara appointed by resc4ulion of the existing tnth. Tntstees are tamilrar with the work of the charty and atten¢J Infomi¥tion events to keep Ewtsdate. new twstees receNe all reltvanl nfonnatK>n rdatir to the charty ar¥J undergo iThJu(*"on ¢theri￿ de0.9￿ making processes. key employees. frjture klan¥ arvj The Iruslees meet qLw1erty through the year as evenls olclate. They rec*tve Fmana* reports as well as regular updates on the c*arity's activrtEs and fvtNJrarèing. TW are resw￿￿e forthe owal legal, fi￿n(la1 and ¥trat8gic direst (x)nNwtion. The prirKipal aeeounts'ng poliiaes adopted are sel out below. 1.2 Going co￿￿M At the lime of approving the finanGial slalements, the trustees have a reasonable expectation that the tharty has adequate resources to continue in operational ￿sten￿ for Ihe foreseeable fLrture. Thus the trustees continue to adopt Ihe g(wng concem basi5 of accounting in preparing the financial ststements. 1.3 Charitsble funds Unrestrieted funds ￿e availabl@ for uso at the discretion of the trustees In furtherance of their chavitable c*leCti￿8. Designated funds compn'se ftjnds whith have been set aside at the di$￿tion of the trustees for speafi¢ ￿￿oseS. The purposes and uses of the desynated funds are 591 (xrt in the notes to the frnKial Statements. ReslrKted funds are subied to specik conditions by do￿ or grantors as to h¢X they may be used. The W￿+Se$ a￿1 uses oflhe rèstrided funds are set out in the noles to the financ481 statements. 1A Incom• Income 15 recogni5ed when the charity is ￿galty entitled to it after any perfonnance conditi.ons have been met. the amounts can be measured relith, and it is probabie that income will be receNed. Cash donations are re￿nISed on receipt. Other donab.ons are re(4nised once the charity has been notified of the donation. unless perfomianGe ￿ndItIOnS require deferral of the amount. Income tax fecoverable in lation to donations received under Gift or deeds of Goverwit is recognised at the timo of th¢ donation. Legacies art rets)gnised on recwpt or 0thgTrvis¢ if lh¢ tharity has bggn nobfied of an imr￿dIng distribution, the amount is known, and receipt 1$ expected. If the arnount is kntrml, the legacy is treated as cDnlingent asset. 12 of24 2810412025, 16:16 Firefox about.'blan YELLOW RIBBON COMMUNITY CHAPLAINCY NOTES TO THE HNANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2024 Accounting policies {Continugdl 1.5 Expondlture Expelldilure is recognised once there is a legal or construdNe obligation lo tran$frr econom￿ benefft to a third party, it is probable that a transfer of economic beneffts vill be required in settlement. and the amount of the obl¢gatKJn can be measured rdiably. Expendilwe is classified ty activity. The costs of e8ch aclivity are m¥Jg up of the total of direcl co$t$ and shared costs. induding support costs inVo￿ed in undertaking each activsty. tlrect costs attributable to a single actniity are allocated dire￿ to that actrwty. Shared costs which contrlxrte to more than one aclivrty and ¥upport ¢osts 7Mhith are not attributab￿ to a &ngle activity are apporhonèd betsveen those activities on a basi$ consistent wtth the use of ￿SourCes. Central staff ¢o$ts are allocate(l on the basis of time $penl. and depreGiation charges are alocated on the portion of the asset's use. 1.6 Tanglble ftxed assets Tangible fixed assets are nitially measured at C*)St and Subse￿￿kY measured al cost or valuation, net of depreciation and any impairment losses. Depreryalion is recognised so as to write off the ¢ost or valualKm of assets less ther residual Vah￿S over ther useful lives on the f￿lowIng bases.. Freehold larKI and buldings 4% Straight Line Improvements to Leasehold land and buddings SYA Straw3ht Line Plant and Equiprnent 25% Strarght ￿ne Flxtures and Fittings 25°A StraMJht Line Compute 25% StrawJht knne Motor Veh 25% StrapJht Line The gain or loss arising on the disposal of an asset is determined as the differen￿ belween the sale F￿CeedS and Ihe carrying va￿e of the asset. and is recognised in the stslemenl of financhql adivities. 1.7 Impairment of fixed assets At each reporting end date. the L*arity rewews the carrying amounts of its tangib18 as$el$ to determine whether there is any indication that those assels have suffered an impairment 10ss. If any suth indication exists. the recoverable arrw)unt of the asset is estimated in ￿der lo deleTmine the extent of the impairment loss Irf any}. 1.8 Stocks Stocks are staled al the lower of cost and estimated sdling price ￿$S o)sts to Gomplele and sell. Items held for distributlon at no or nominal considtrth'on are measured the lower of repla¢wnent ¢))st and (Yjst. Net Tealisable value is the estimated selling price lèss all estynated costs of ￿mP￿tr.0n and costs to bo incurred in marketir)g, seling and distsibution. 1.9 Cash and cash equivalents Cash and cash equivalents inthde cash in hand. dep)sils held at tsll banks, other shorl-lenn liquid investments with original maturities of three months or les$. and bank ok*rdrafts. Bank overdrafts are shown within borrowings in ￿rrent liabilities. 13 of24 2810412025, 16:16 Firefox about.'blan YELLOW RIBBON COMMUNITY CHAPLAINCY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2024 AGcounting poliGi (Continuèd) 1.10 Financial instruments The charity has elected to appty the Provisions of Section 11 'BaS￿ Financial Instruments. and Section 12 'Other Finarbcial In51rurnenls Issues. of FRS 102 to all of its financial instruments. Financial instruments are recognised in the ehantys baL8n￿ sheet when the thariiy becomes party lo the contractual pro￿s1OnS of the instrument Financial assets and liabllrtigs are off581. wrlh the nel amourrts preserrted in the fffian(#al statements. when there is a legaly enfo￿able righl to set off the recognised amounts and there is an intention lo settle on a net basis or lo realise the asset and settle the lability wmutsneousTry. 1.11 Employee benofft8 The cost of any unused holpjay entitlement re(tsJnised in the period in vdhith the employee's services are received. 1.12 Retirgment benerts Payments to defindd o)ntribLrti)n ratirement t*nefft schemes ar• d￿r9ed as an expense as they fal due. Income from donatlons and *ga¢les Unrestrlcted RestriGtsd funds funds 2024 2024 Totsl Unrestricted R￿trIcted nds funds 2023 2023 Total 2024 2023 Donations and gifts Grants 9.420 26.918 9.420 356.918 6.255 53,101 6,255 53.101 330.000 36.338 330.000 366.338 59.356 59.356 Grants Lloyds Foundation Grant Communty Gr￿rts Grants below £2,CNX) Halfvyay House Gr8nt COF Grants LcKality revenue Grant 26,918 26.918 35,29) 16.651 1.2CLI 35,250 16,651 1.200 300.000 3C￿.000 20,000 20,000 10.000 10,OOQ 26,918 330.000 356,918 53,101 53.101 14 of24 2810412025, 16:16 Firefox about.'blan YELLOW RIBBON COMMUNITY CHAPLAINCY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2024 Inc•)mg from Gharilablg aGtiviii Totsl Unrestrleted Restricted nds funds 2023 2023 Totsl funds 2024 fvnd3 2024 2024 2023 Rehomlng & Rehabilitation Employment support Houstr Rental income and residential charges 79.507 79,507 493.099 536,762 536,762 493.099 26.030 26.030 30.250 562.792 562.792 523,349 79.507 602.856 Income from Investments Unrestricted Unyestrlcted funds funds 2024 2023 Interest re¢eNable 3,195 848 Expendlttn on charilable aetlvfties Rehoming & Rehoming & Reh8bilitstion Rehabilitation 2024 2023 Direct C05ts staff costs Deprecaalion arKI impairment Premise costs Halfway House costs 182.554 2.771 333.760 22,557 244,441 3,657 311,728 541,642 559,826 Share of support and governance costs (see note 6) Support Governan 27.634 28,623 570.326 588.449 Analysits by fund Unrestricted furmts ReSt￿ted funds 554.974 15.352 .875 91,574 570.326 588.449 15 of24 2810412025, 16:16 Firefox about.'blan YELLOW RIBBON COMMUNITY CHAPLAINCY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2024 Support costs alocated to activitws 2024 2023 Legal and professional 1.162 1.938 838 3,221 1.594 15.244 2,769 2.216 1,827 914 Printing. postage and stationery Rent Insurance Comwter runni)g costs Accountsncy Governance costs 15.306 1,448 3.236 2,600 1.050 28.684 28.623 An11￿*d bet4ren: Rehoming & Rehabilitation 28.684 28.623 N•t mov•m•nt In lund8 2024 2023 The nel mov•mw)t In funds is stated after chargingl((TeditiThJ)'. Fees payable for the independent exarninati￿ ofthe chaTitys finan(ial statements Depreciation of owned tangitAe f￿1 assets 914 3,657 2.771 Tn￿te•S One of the Iru$tge$ received rn#nbursements of £55 12023: £0) for expenses In￿rred whle on tharity business during the year. Employ• The a4Erage monlhty number of empk)yees during the year was.. 2024 Number 2023 Number 13 17 Employment costs 2024 2023 Wages and salaries Social security costs Oiher pension costs 175.864 5.378 1.312 233.226 8.779 2,436 182,554 244.441 16 of24 2810412025, 16:16 Firefox about.'blan YELLOW RIBBON COMMUNITY CHAPLAINCY NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED) FOR THE YEAR ENDED 31 JULY2024 Employ••s Icontinugd) There were M émployees whose annual remunerati￿ was MO￿ Ihan £60.000. Remun•ratlon ol k•y management personn The remunerats'on of key management personnel was as folknws.. 2024 2023 Aggregate C(￿penSation 40.￿a6 25.530 10 Taxation The charity is exempt from tax ￿ ineome and gains falling within sectton S)5 of the Tax85 Ad 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that thes¢ are applièj to its charrtable objects. 11 Transfgrs A restricted grant of £300,000 was received for the purpose of purthasing the Halfi¥ay House. As the HaI￿aY House is hdd for an unrestricted purpose. upon Nwthasing. the amount has been transfeThed to WlTestri¢ted fvnds. 17 of24 2810412025, 16:16 Firefox about.'blan 18 of24 2810412025, 16:16 Firefox about.'blan YELLOW RIBBON COMMUNITY CHAPLAINCY NOTES TO THE FINANCIALSTATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2024 13 Stocks 2024 2023 Finished goods and g(Kth for resalè 12CiI 14 Debtorn 2024 2023 Amounts falling du• wlthln ono year. Prepayments and accrued incorne 42.738 32.602 15 Creditorn: amounts falling du• wlthln on• year 2024 2023 Othèr taxalion and social seojrity Govemment grants Trade ¢reditors Other creditors Accruals 1.738 23.082 2,703 16 2.760 591 9.278 308 10.697 35.825 15.332 16 Government grants Deferred income is in Ihe thanual slatéments as folkAYs: 2024 2023 Deferred KKome is included within". Current labilitias 23,082 Movemenls in Ihe year.. Deferred income at 1 August 2023 Released from previous per¥)ds Resources deferred in the year 43.634 (43,6341 23.082 Deferred ir￿￿e al 31 Juty 2024 23.082 17 Retirernent ben¢fft schemes 2024 2023 D8fintd contrlbution schemes Charge to profft or loss in respect of defned ctyrtribUlh￿ schemes 1,312 2.436 19 of24 2810412025, 16:16 Firefox about.'blan YELLOW RIBBON COMMUNITY CHAPLAINCY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2024 17 Retirement benefft schemes IConlinued> The thaTity wefates a defined contritxrtk)n pertsion scheme for all qualrfying empbyees. The assets of the scheme are hekl separalety from Ih(ise ofthe chaiity in an independenty administered fvnd. 18 Re•tri¢ted fund¥ The income funds ofthe chaiity Int￿￿e re5trided lunds t¥)mwtsing of follwfjng: At 1 August 2023 coming Resources resources expended Tr•nslevs At 31 July 2024 Hallway House (15,352) (300,158) 14,490 Previous year. At 1 August 2022 Incoming Re¥ourees vgsources expended Translerd At 31 July 2023 Employment SupF*Ni 79.507 (91.574) 12.C67 This fund 15 re51rided for the use of the HalfrHay house. 19 Unrestrlcted funds The unrestricted funds of the charity comprise the unexpended balanGe5 of donations and grants whiGh are )t subject to specific condttions by donors and ￿anIOrS as to how they may be used. These indude desi9nated fijnds wtiich have been sel aside cKrt of unfeslrided funds by the Irusiees for specjfic purposes. At 1 August 2023 Incomlng Resour￿$ resourc•s expended Transferd At 31 July 2024 Operattonal reserve Property repair fund The H￿￿¥2y House General funds 100.CO) 100.000 10.000 125.1 28.(O5 (425.C￿l0) (129,974) 300,OCI) 158 594.325 492.574 255,fffj5 61r2.325 (554,974) 300.158 602.574 O of24 2810412025, 16:16 Firefox about.'blan YELLOW RIBBON COMMUNITY CHAPLAINCY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024 19 Unrestricted funds Icontinued Prnvious year. At 1 August 2022 In¢¢)mlry Resources Trnnsfws At 31 July vesources ¢xp•nded 2023 Operational reserye Property repair The Hafviay House General funds 144,942 2.000 {44.942) 100,CKJO 2.¢XJO 125,c(iO 28.C65 125.000 {92.125) 33.512 {496.875) 180.454 {496.875) {12,06n 255.¢A5 Operdtional vgs•rv• This provides a Teserve of at least 4 months operatirvJ costs. The operating lease C(￿mit￿ents are covered ty housing benofit i￿)Me as per Th)te 21. Property rèpalr fund This is for di￿pidationS at the of the lease. The Halfway House During the year, the tharrfls purchased the The Hattway H￿se., a property located on the Wrekin. The eknn is the best-known hil in the Shropshire Hills National landscape. Over 1￿.0[￿} peotle visit the Wrekin ÈV8ry year. at least three quarters of them are locas. 20 Anatysls of net assets botwfjen ￿ndS Unrestrithd Restrlcted funds funds 2024 2024 Total 2024 At 31 Juty 2024: Tangible assets Current assotsloiamities) 465,250 137.324 465,250 151.814 14,490 602.574 14.490 617. Unr•$trlcted Restrlct•d funds funds 2023 2023 Totsl 2023 At 31 July 2023: Tangible assets Current assetslOiabilitie$) 1.813 253,252 1.813 253,252 255.(h55 255,¢A5 l of24 2810412025, 16:16 Firefox about.'blan YELLOW RIBBON COMMUNITY CHAPLAINCY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024 21 Op•rating1g0¥• ¢onxnbtin•nts The fourteen Telford properbes, tsyo Stafford properties. three Wdlsan propeths and one Wofverhampton propety are leased from local landlords on one year leases. The Iwo Shrewsbury properties are leased from Green Pastures al an annual cost of £11.160 and are coming to the end of their Medi￿ - term leases. Many of the leases began new fixed temis Ihis year, atth0￿h some remain on a rollng monlhly noi*ce, thereby increasing the eommitment in 2024. The café and fwniiur¢ wortshop lease finished this yw. The office al FAeeling Poirt House is on a quarterfy renL 2024 2023 fjthin one year Between tsyo aThJ five years 201.363 165,894 69.627 16.550 367257 86.177 22 Capitsl commllywits Amounts corrtrathd for but not provided in the fmanrAal slatements: 2024 2023 AGqui5ition of property, plant and e(wipnwnt 450,IXIO In the previous year, the charity's offer was a￿ed for the Tr HaI￿vay House". a pryty b)cated on the ekin for a new community hub to be devdoped. The purehase was completed during the year. 23 Relatsd party transactions There were no dwbsat4e related party transaclions duiing thg year (2023- rK*ne). 2 of24 2810412025, 16:16 Firefox about.'blan YELLOW RIBBON COMMUNITY CHAPLAINCY NOTES TO THE FINANCIALSTATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2024 24 Cash generat•d from operallon8 2024 2023 Surplus for the year 361,999 74.611 Adjustments for: Investmenl income recognised in slalement of finan¢ial actiwbes Depreciation and impairm8nt of tangiblè ￿ed assets (3.195) 2.771 {8481 3,657 Movèmènts in working capital: {Increase} in sloth5 {Increase)Idec¥ease in debtors {Decrease)finGrease in cre(*tors IncreaspJ(deLYeasel in deferred income 11.2C()) (10.136) 12.589) 23,082 915 6,316 (43.6341 C¥sh generdted fr•)m operntiong 370,732 41.017 3 of24 2810412025, 16:16 Firefox about.'blan -20- 4 of24 2810412025, 16:16