YELLOW RIBBON COMMUNITY CHAPLAINCY Company reglstrntion numb•r 09639884 (England and Walesl Charity regi$tratlon numb•r 1168292 (England and Wal•sl ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
YELLOW RIBBON COMMUNITY CHAPLAINCY LEGALAND ADMINISTRATIVE INFORMATION Thl98S MrT R Currte Rev T A Bryan Mr R C Scoulding MrPMBell (Appointed 13 March 20251 S•cf•tsry Mrs P D Mack Country of incovporation United KirwJdom IEngland and VVale$} 09639884 Ch•rity rngistr•lion EngL8nd and Wales 1168292 R•gl$tgrgd offl Meeting Point House Southwater TelfLFrd Shropshire TF3 4HS Independent examiner Dyke Yaxley Llmrted 1 Brassey Road OW Potts Shrewsbury Shropshire SY3 7FA B•nk•rs Th¥ Ctroperative Bank P.L.C. 18aMon Slreel Manchester M4 8BE
YELLOW RIBBON COMMUNITY CHAPLAINCY CONTENTS Page Trustees, report Independent examlnefs report ststement of finanaal acbvities Balance sheet statement of cash flows Notes to the financial statements 9-20
YELLOW RIBBON COMMUNITY CHAPLAINCY TRUSTEES, REPORT {INCLUDING DIRECTOR'S REPORT) FOR THE YEAR ENDED 31 JULY2025 The trustè&s prent their annual report and finandal st¥lements for the year ended 31 July 2025. The financAal statements ha b&en prepared in accordance wlh the ¢¢ounting policies set out in rK)te 1 to the financial slatements and cornp WTth the d)arity's goveming document, Ihe Cofflpanies Act 20¢A and "Accounting and Reporting by Charitse5'. Statement of Recommended PraGti¢g applicable to charities preparing Ihgir accoun15 in aecordance with the Financbal Reporting Standard applieablg in the UK and Republic of Ireland IFRS 102)" {effe¢tive l January 20191. Objoctiv•s and activitie Yellow Rbon Community Chaplainry is a T8gistered charity working in Shropshire and the Midlands for Ihtr putAic benefit to promote the health and wellbeing. education and rel1 of poverty of those persons who are in prison, those an9 prison. those 81 risk ol offending and Iheir famAies by prowding resèttlèment and r8habilitatitin services including, but not limited lo, the provisi¢)n of mentoring, training, accomrnodation and support service5. strate6$ for8chlevlng alms and objgctfvgs Vision Our Wision is to joumèy wth through the many ob$ladès they face into a Sustainab future. Key lo this transform81ion 1$ building 8 trusted and valued relatnShip so their voice 1$ hèard. Focusing on the one is ess&nUal, as each of our clenls is unlqu& and n8gd$ support tailored to their needs. Mission Our Mis$lon 1$ to support the resetuement of pÈople bèing T8l&ased from prison and prevent reoffending by acting as 8 bridgè bÈtween the statutory sector and the Communty through mentoring and community developmènt. Obiectwes 2024r25 Embed operating model integrating housing and employability strtram Establish HaIaY House venue and delop prevention model Embed tailored appTo8¢h to employabilty Develop West Midlands Housing project Set up effective infrastructure and strengthen sustainabilty Publio bgngfrt The trustees have paid due regard to guidane issued by th& Charity Cornmi5son in decKling what ad1vitS the chanty Should undertake. Volunteers The charty is a merrtoring oryanisaiion al its heart. In Octobei 2013, the prole¢t pllolgd a mentoring approath to supporting those leawng prison who were retuming to Shropshire. In Mar¢h 2015, thè charty was accredited with theApproved Provider Standard from the Mentoring and BefrndIng Foundation. This1$ 8n gxtract from the final report. "The recommendatbn to approve the project forAPS is given vrithout rtrstrrvalion. Yellow Ribbon has inlem81 m$thanisms and procedurès that demonstrate a o)mmitmenl lo robust organisalion and a high standard of project working, akjng wth strong intar-agency partnership and communtty nelworklng. Wrth the value everyone is unique., the project is sel up to be supportiv&, r$sponsive and tlexible as needs arisè, and with the in-bu1 Strength in the flow of commuThication btheen stsff and volunteers. they tIVelY seek to ach$ their purpose and provid8 8 quality semce.. From this foundation, the chaiity Started dovgbplng ts M$ion for the scaling up ofthi5 work auos$ th• rngion. This wa5 encouiagd by probation and prison $ttlment teams. In the three years lo 2018, the ¢h8rty trained over 100 mentors. Since then mentoring ha5 conlinueil to be a ¢org provision provided by the staff. Howev¢r. In 2020 the National Faith lead encouraged us lo continue wrth thi5 woik regionally. Afr•$h infomiation sharing 8grÈÈmènt was completed wilh thè rèstructur8d probation semce in 2021. Ydlow Rlbbon Community chap1cY is the singl¢ point of contact for mentoring through Ihe 9ale inlo faith communiti'es in the West MÉdlands. The charity is inspired to develop a regional aThJ nn¥thd montoring nehyoth acr05S the Midlands.
YELLOW RIBBON COMMUNITY CHAPLAINCY TRUSTEES, REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 Achievements and rf0mn¢ SignffjGnl a¢liviti&$ and èchi&vements against obie¢&v&s The Halfvvay House project made a strong start which was highly profiled in local media. Many events were held with a wide rarvJe of Stakeholders lo establish pilot schemes for fhis new prevention arm. Thi5 inGludgd a¢tNthgS with young people. families an¢J Ihtsso with complex needs and in re(ivery. The objeclives have four ihgm•$ 0$ follows.. Hospitalty- thriwng café Wellbeing and wholene5S . Unlocking Potantlal Physical ¥¢tiMty in a natural envirorrfllent. Housing support slrenglhened fvrther wilh a multi-di$¢iplinary team delivering a widè range of interventions which broLJght signifieant thange. This is conlinuing to build stabilty- The number of properties in Slafford, Walsall and Wolverhampton, Wesl Midlands. and Shropshire remained th¢ $am8 wth future growth now pl8nned for Wast Midlands. The devekjpment of (lur ¢omprehensive yupport Is ntInuIng lo be shaped wilhin our three prf(8$.' somewhore safe and stable lo INe,' somèthing meaningful to do., someone lo walk alon9side you. Direct work in prison is ongoing in two prisons, Howell and OakNmod. Taam member5 also visit Fosse Way and Fealherslone on Sundays once a month. The housing team 81$0 W0ed dosety with the drug and Incluslon team at 08kwood and Mstted Brfnsford. Yellow Ribbon continue lo work with the Probation Service 8nd th¢ Communty Chaplaincy Assoc4ation, tsui umbrella body, lo develop 5UPPOrt for th¢s¥ •ngaging wth chaplainc$ in prison. Our specialism in supporting those with f8ith sector, is fomalty recognise(l as a protective charactèristic for those leaving prison. Research was undertakèn by th& Roehampton Inslilule lo id&nlrfy the strengths ol our work Clients. Three key factors were identified th81 enabled a thriving community for Ihoso experienn9 support with Yellow Ribbtsn. Inrtially named as the middleman for our dienls. further work establishe(J thal our WO Uld be chafaclèrized as accompannnI. a talYst and intercession. The nurturin9 work ¢onlinues with a wider and morè comprehènsiv8 provision of slruclured support. The foundation course provhles a strong start to establishing persoTr¢enlered goal$ which are buim on thivugh regulaf on9 to one5. This range of acti110$ is strangthened through effective collaboralion wrth wonderful partner$ $u¢h as Telford College lo include a mental health course and a high experpnc•d volunteer who runs a weekty mln(Jset cour8¢. Regularwalk and talks and trips out enable this community to thrive. 2025 oUTclEs Over Ihe18sI year, 125 peopl¥ wor& direcity helped Ihrtsugh our supported living stheme Averagè length of stay is 26 weeks 105 people We m&ntored 29 people moved on to independant accommodation 5 people serJJred employment Fin#n¢ial rèvlèw In 2024125 the charty had a total in¢omÈ of £721.81712024.' £932.3251 and a lotsl expenditure of £680,889 P024.' £570,326). The surplu5 is ntInuIng to build the resarva to cover operational costs whith 1$ vital to a growing charity. In 2024r25. we maintained a light control on expendltur¢ and we will continue to do so in 2025r26. The higher income in 2024 ty)cludès £300,000 capital grant. The new project base is HaIaY House and MtIng Point House is still our offi¢e base. Its location in Scmjthwater provides a strong eommLtnity resource lo oui dienls. In 2025126, the budgeted income and expanditure is expected lo grow further due to actwity al Hallway House 8Th1 Innalknnary increases in the housing sthemo in Telford. Slafford, Shrewsbury, W81$8n and Werharnpton.
YELLOW RIBBON COMMUNITY CHAPLAINCY TRUSTEES, REPORT IINCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 Res&Nos pobcy The Iru$lefrs are moving towards beon three and six months reserves to cover operating sts and are fi>w8ed on $tsff salaries. Operats'ng lease commitments have been carefully r¢wewed. The le1 Sot reeognises salaries as the major area of expendtiure and tskes aclxunl of the fact that vulwlbie people are dependent on Ihe services supplied. and the charity is dependgnt in part on voluntary gifts and donations. As al 31 Juty 2025. the charity's level of Ire¢ reserves stands at £58,488 12024.. £27,3241- Frèe reserves are calculated as total unre$trided fvnds, exduding d&signated fvnds, an(1 any unrestricted funds lied up in tangible fixed assets. The ¢alcJJlalion is as follows: Total Unrestricted Funds.. £6S7,992 Lgs$'. Designated Fund5.' £1110,1)001 Less.. unr&Strted Funds Invesleil in Fixed Assets.. £1489,S041 Free ReseN8s.' £58,488 The fvtU hoLssing commitments will mel by Currgnl and future housing benefts (as per note 21) and a Ih$refore excluded from the free reseNes calcLrfation. aiorrisl¢s Thè triJstÈès re*iew the charity's main risks on a regular basis. Thèy are responsible for approving and overseeing Ihtr implomentation of any changes lo pro¢8dures, training or other adions to mitigate IhÈ risks the charty faces. A forrnal Risk Register will be establishèd by the trustees in the next slx months. All areas whi¢h are RAG raled, with high priority areas Separataty reported. Pl•n$ forfure period9 Alms & Priortties 1. Somewhere safe and Sre to live 2. Somslhing meaningful to do 3. Someone lo walk alongsKle Ourfive•year Slrateglc Plan 202&2025 ha8 5 oblectives whiGh are: 1. Develop mentoring and befriending capabillty 2. Enhan¢e employment pathway 3. A¢commodalion- improve ¥¢¢&$s and qual4 4. Strengthen the recoveryioumey 5. Sel up effective infroslructure Structure. goveman¢o •nd management The chaiity is a charitable company limited by guarantee and govemed by Ils Memorandum and Ad•S of Asso¢i81ion dated 17 April 201 S. It is also registered as a charty wth the Charity Commission. In the event of ndg up, members, li8"11"eS are limited to £1 each. The daY-tdaY operations of the charity are delegated by the Trustees to the management team. The charitls managemènt team who served during the year and up to the date of signature ofthe financial statements were.. Mrs P Mack, CEO
YELLOW RIBBON COMMUNITY CHAPLAINCY TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORT) (coKfiNUED) FOR THE YEAR ENDED 31 JULY 2025 The trustees, who arg also tr• dlractors for the purpose of c4)mpany law. ond wtKJ 9gNed durvJ Iho year #nd up to the datè of slgnature of thèfflnancial ststgm8nts wgrg.. MrTRCurrie Mr P Walker R8vT A Bryan MT R C s(119 MrPMBell IRèslgned 12 Sgptember 20251 pt•d 13 Marr 20251 Recwitnrenl and 8ppoAntrnenl of tnJ8ts8s Tw5tees a appointed by rgaoluth)n of th8 oxlstlng trustoes. Tru$tees are familiar with thè prach"(al Wa of the chtirity and att8nd infonnation events to keep Lfpto481#. Any new InJsto06 re¢eivo 811 T6thant infomation ralotin to the charity ond undergo induelion covering dèdsi)n making proc485es. key omployees. fvbjre plan$ ctjiethos. They are also #dSed oftheir leg81 OblatIL$ as iru8tO8S. Org8nlsatsnalstnJcture The tnJ8t82s meet quart¢rty throuoh lh¢ ygar and od-hoc as 8veTbts dictatg. Th¢y re1Vefinan81 reports as 86 regular updat05 on the ch8rWs 8rtivibÈS ftjndraising. Thgy ar• reSpOlb18 foT the overam legal, financlal and strategic direcbon and d8v8Sopment ofthg charity. Day-tdaY manag9rn6nt, Induding finance. HR atNJ yr8kn'ons. Is th8 Trspmslblllfy of the CEO. Sh&18 suprthed by othei mèmbers of the manogernent leam, m8•t weekty, and who tak8 rasrM)n$ibillty for thg ¥ssets of t chartty. the s{p0rted housirvJ aThJ fun¢roi$iru. Othermatt8rs Small Company Ex•mptlon This report has en prepar&J in accordance with th8 provlslons gppIlb18 to cornpanles entillgd to the sm811 comp8ni88 exernption. Th¥ trustees. W86 8pprov8d by Ihè Board of Ttus1. MrT R Currie Tru8ts0
YELLOW RIBBON COMMUNITY CHAPLAINCY INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF YELLOW RIBBON COMMUNITY CHAPLAINCY I report lo the Iru8tees on my èxamination of the financial statements of Yellow Ribbon Comrnunity Chaplaincy (tt charity) for the year ended 31 Juty 2025. Re¥pon#ibilities and bos1* of report As the trustees of the charity land also its dlrectors for the purposes of company law), you are responsible for the preparation ofthe finanaal statements in accordance wrth Ihg rsquiremerrts of the Companies Act 2006. Having satisfied myseir that the financial ststements of Ihe charity are not requireil to b& audited under Part 16 of the Companies Act 2008 and are eligible foi independent examination, I report in respect ol my examination of the tharity's finan(yal $lalem•nts carried out under seth.on 145 0( the Charities Act 2011. In carrying oul my examination I have frllowed the Diredions 9iven by the Charity Commiss1 under section 14515llbl ofthe Charities Act 2011. Ind•p•ndènt •xaminerfs $tstemènt Since the charity's gros5 income exceeded £250.000, thè independent examlner musl be a melnber of a bcrfly listed in section 145 of the Charities Act 2011. 1 confirm Ihat l am qualffied lo undfyrtake the examination because l am a member ofAssorAation of Chartered CertIfd A¢countanls IACCA}- UK, which is one oflhè listed bodie& I havtr completed my examlnation. I c4Jnfirm that no matters have come to my attention in conne¢tion with the examination giving me cause to believe that in any material Tespe¢t'. accounting raeords wero not kept in respect Of th• ¢harty as required by section 386 of the Componies Act 2006. the finan¢ial statements do not accord with thostr re¢ords' or the financAal stalements do not comply with the accounting requirements of 8edtsn 396 of the Companies Act 2006 other than any requirement that the financial statements give a tDJe and falr vlew. whlch 1$ Ml a matter nsidered as part of on independent examinatlon., or the finanaal slatements have not been prepared in a¢o)rdance with the melhods a1 principl8s of the ststement of Racomm8nded Practice for accounting and reporting by charities applicable to charities preparing their ffinanal statements in accordance with the Fulan¢1 Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no concems and have come across Tr) olhgr matters in D)nnection with the exatnination lo which attention Should be dtawn in this r8POrt in order lo enable a propor undarslanding of the financial slatsmenls to be reached. Audroy Wllllam$ FCCA ttyke Yaxl8y Limed A WLth'w 1 Brassey Road Old Potts Way ShrSry Shiopshire SY3 7FA 30 lJl6
YELLOW RIBBON COMMUNITY CHAPLAINCY STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 JULY2025 Unrestrlct?d Re3trict•d funds funds 2025 2025 Totsl Unr•strlct•d Restricted funds funds 2024 2024 Totsl 2025 2024 In¢omo from: Donations and legaciBs Charitable activities Investmènts 34.725 066.258 2.324 18,S10 53,235 666,258 2.324 36,338 562.792 3,195 330.000 366.338 562,792 3,195 Total Ineom• 703.307 18,510 721,817 602.325 330.000 932,325 Expenditure on: Chorilabl& tltleS 666.399 14.490 680,889 554,974 15.352 570,326 Total •xpendSiure 866,399 14.490 680,889 $54,974 15.352 570,326 Net Income 36,908 4,020 40,928 47.351 314.648 361.999 Transfers b8een funds 11 18,510 (18,5101 300,158 (300,1581 Net movem•nt In fvnds 55.418 {14,490) 40,928 347.509 14,490 361,999 R•eonclllation of funds: Fund balances at 1 August 2024 602.574 14,49D 617,064 255,065 255,065 Fund b•l•nc•s at 31 July 2025 657,992 657,992 002.574 14,4 617,C64 The slalem8nl of fnancial activiles indudes all gains and losses tecognised in the year. All income and expenditure derwe frC conlinuiFvJ activibes.
YELLOW RIBBON COMMUNITY CHAPLAINCY BALANCE SHEET . AS AT 31 JULY 2025 2025 2024 Flxgd assets Tangib assets 12 469,504 485.250 Current assets Stocks Debtor8 Cash at bank aThl in hand 13 14 3,000 41.728 184,900 1.200 41738 143,701 209.628 187.639 Crgdltors: amounts falllng duo wSthln onè y•ar 1S 141,1381 135.82S) N•t curr•nt as8•ts 168.488 151,814 Total assets lei¥ turr•nt liabllllles 657,992 17.064 Th•lunds ofthe ¢harity Res¢ri¢tsd income Unrethcted fundB 14,49) 602.574 19 657.992 657.992 617.064 The ccfflpany is ented lo the exempti frcxn Ihe audit rnwirement contsined in 88¢b'on 477 01 the Comp8niesknt 20C6, orthe yeai •ndèd 31 Juty 2025. Th8 dlr8Ctor acknowledgos h1$ responsibilities for cornplylrKJ wlth the reqUirennts of the Cornpanlas Act 2(KJ6 with re¥pek#ty gCC¥)untiw records and ihe prop•rydU¢rf offinandal stat8monls. The members have not requir the cory)any to obtsin #n 8udrt of Its fjnanc¥al 8tatemerts lor the year in queBtion in acxor¢an¢e with Section 476. These fln8ncld statements havg h8n pi8par8d in rLord8n(e wlh the prov14 apF4iLzLle to wmt%gnies 8ubje¢i to th• sm311 cnmpanies regime. gg, OA- 2016 The ffinancial statemants were appiovad by Iho trustees on .. ............ ........ MrTRCurrie
YELLOW RIBBON COMMUNITY CHAPLAINCY STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 JULY2025 2025 2024 Notes Ca$h flows from oparntlng activities Cash generated from operations 23 64,502 370.732 Inv•$tlng a¢tlvltlès Purchase of tangible fixed ass91$ Investment InMe received (45,62n 2,324 {466.2081 3,195 Nèt cash usod in invegting activities {43,303) (463,013) Net cash generatsd frn#nclng activitie* N•t Incr•as(deGr•a in cash and ca¥h equlvalents 21.199 192,2811 Cash and cash equivalents al beginning of year 143,701 235.982 Cash and cash equival•nts at •nd of y•ar 164,900 143.701
YELLOW RIBBON COMMUNITY CHAPLAINCY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY2025 Aect)untlng polici•s Charlty InforntiOTh Yellow Rbon Communf¢y Chaplaincy is a private company limitod by guarantee incorporated in England and Wales. The regislerad office is M&&ting Pcrfnl Housè, Soulhwater, Telford. Shropshire, TF3 4HS. 1.1 Bas of prgpardtlon The financial statements have been prepared in accordance with the charitls goveming document, thè Companiès Act 2006, FRS 102 Finanual Reporting Standard appli¢able in the UK and Republic of Ireland" and the CharItS SORP "Accounting and Reporbng by Charities.. Statement of Recommended Practice appIlble lo charities preparing their accounts in accordance with the Financial Rèpotling Standard ¥pph"cable In the UK and RepubliG of Ireland {FRS 102}'. The tharity is a Public Benefft Enlty as defined by FRS 102. The financSal stslements are preparèd in sterllng, which is the functional of Ihe charity. Monetary amounts In these financial statements are rounded lo the nèarest £. The financial statements h8vè bèen prepared under the hi6lorical ¢o$l Ly)nvgnlion. Tha princApal accounting poliues adopted are sel out below. 1.2 Golng con¢em Al the lime of approving the finanaal slatemenls, Ihfr trustees have a reasonable eX¢tatI that th• charity has adequatè resources to continue in oper8lion81 wstence for the foreseeable future. Thus the truslees continue to adopt the going concern basis of ac£ounling in preparing the financial statements. 1.3 Charit•bl¢ fvnd# Unieslricted fvnd$ 4r8 available f use at the discretion of the trustees in furth&r8nee of their charitable objeclNes. Designated funds ¢omprise funds which have beèn set asidg at the discretion of the trustees for specifK purp08es. The purposes and uses of the des*Jnaled lunds arè s&t out in the noles lo the finan¢kg1 stalements. Restricted funds ar• $ubj8Ct lo speufic condrtions ty donors or grantors as lo how they may be used. The purposes and uses of the restricted funds are Set out in the notes to the financial statements. 1.4 Income Incom& 1$ recognised when the charty is legalty ¥nlitled to tt after any performance ¢Onditn9 have been met, thè amounls can be measured roliably, an¢Y it is probable that income will be réceived. Cash don81ion$ ar• recogni5ed on receipt. Other donations are recognised once the ¢harlty has been no11fd ol the donation, unless perfornance CondinS require deferral of the afflounl. Income tax rec(Jverable relaiion to donation$ received under Gift Aid or degds of covanant is recognised al the lime of thè donation. Legacies are reco9nised on receipl or otherwise rf the charity has b8en notified of an imp¢ndSn9 distribution, the amourrt is known, and Teceipt is expeded. If the amount is not known, the legacy is Iwled as Contingent asset.
YELLOW RIBBON COMMUNITY CHAPLAINCY NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 JULY2025 Accounting poll¢lo$ (Conllnuodl Expondltur• Expenditure is recogni$9d once there is a leg81 or constru¢bve obligation to transfer economie benefit to third party, il is probable that a transf8r of economic benefit$ will be required in 5etlJemenl, and the amount of the obligation can be measured reliabty. Expenditure is dasSff by aclmty. The $ts of each actNity are rnade up ol the lolal ol d1ct Costs and Shared cost$. induding support costs invofved in und9rtaking each activity. Direct costs attllbutable to a single activity are all(Kated diredy to that activity. Shared costs which contribute to mre than one 8etivity and support costs whid) are nc*l atbibutable to a single activity are 8PPOrtioned behyeen those activtbes on ¥ basis consistent wilh the use of re$our¢es. Central staff costs are allocated on lh• basis of lime spent, and depreaation charges 8re allocAted on the portion ofthe asset's us8. 1.6 Tanglbl• fixed assets Tangible fixed assets 8re initialty measured at cost and Subs0qnIty measured al cost or valuation. net of d8precAab'on and any irnpaiment lo$sas. Depreaation is recognised so as to write off the cost or valuafjon of a$sal$ lèss their residual values over their uselul lives on the following bases. Freehold land and buildings 4% Strai1 Lne Improvements to Leasehold land and buildings 50&A Slraghl Line Plant and Equipment 25Yts Straight Line Fixturgs and Fittings 25% StraiJhl Line Computers 25% Slra&hl Line Motor Vehides 25% Slravjht Linè The gain or loss arising on the disposai of an assot is detem)ined as the difference beeen thtr sal& proceeds and the carryirs valu¥ of thè asset. and is recognised in the stslemènt of financial actiwlies. 1.7 Impalmi•nt of flx•d ass•ts Al each reporting end date, Ihe charity rewèws thè carrying amounts of ils tangible gs$ets to determine whether thero is any indication that those as5els have S(ered an impainnenl loss. If any sud) indicatron exists, the recoverablè amount of the asset 15 eslimaled in crder lo determine the extént of Ihe Impaifmenl kJs$ lrfanyl. 1.8 stocks Stocks 8ra stated at the lower of cost and esllmaled sellirg PTice lèss ctssls to complete $81. Items held for disliibulion at no or nominal consideratSon are measured the lower of replacernenl Cost and ujst. Net wlisable valve is the e51imaled selling price les$ al estimate¢J cost5 of completion and Gosts to bo incurred in marketing. selling and distribution. 1.9 Cash •nd ¢8$h •qulvalents Cash and cash equivalents indud$ ¢ash in hand, deposils held at call bthlh banks. other short-term liquid inve51menls with original rnalurities of thfee months less. and bank overdrafts. 8ank overdrafts are shryn within bortowing$ in wrrenl liabililies. -10-
YELLOW RIBBON COMMUNITY CHAPLAINCY NOTES TO THE FINANCIAL STATEMENTS (CONTINUEO) FOR THE YEAR ENDED 31 JULY2025 Accounllng poll¢lg9 IContinu•dl 1.10 Flnanclal In8trum•nts The charity has elected to apply the provisions of Section 11 'Basic Financial Inslwmgnts, 8nd Section 12 'Othor Financial InslNm&nts Issues. of FRS 102 to all of ts financial instwments. Financi4 in$trumenls are regniSed in the charitys balance 8heel when the Charity becomes paty to the ¢ontraetual provisions of the instrument. Financial as$els liabl110$ are off5el. with Ihtr net amounts presented in the financial slatsm9nts, when there is a legally enforceable rigm to sel off the recognised amounts 8nd thore is an intention lo setue on a ngt basis or to leaSe the asset and settl tho liability simultaneously. 1.11 Employ¢e b•n•fiis The cost of any unused holiday enlitlemenl 1$ recognised in the period in which the gmployee's seNces are received. 1.12 Rgtir•mont b•n•fits Payments lo definad Contri110n retirement benefit $CMeS 8ie charged as an 8xpens¢ a$ Ihay fall due. 1.13 Dèbtors and creditor# recelvable I payabl• wlthln one yeav Debtors and creditors with no stated interest rate and receivable or payable within one year are reo)rdgd * transaction pric8. Any losses ari&ng from impairment are reLyJgniseil in expenditure. Income from dt)nations and lega¢le• Unr•strlct•d Restricted fund$ 2025 Tol•1 Unr•¥trleted Rè5tr1ctsd funds fund$ 2024 2024 Tolal 2025 2025 2024 Donaliens and gifts Grants 1,925 32.800 1,92S 51,310 9.420 26,918 9,420 356,918 18.510 330,000 34,725 18,510 53,235 330,000 366,338 Grnnts Lloyds Foundati ¢>anl Hthay House Grant COF Grants Locality revenue Gr Shrop5hire Youth A$$walion Telford & kin Councll Sevem Tnt Shropshire Council 25,000 25,000 26,918 26,918 300.C£(J 20.rAX) 10,WO 300.0 20,000 10.OCQ 4,800 3,000 4,800 3,000 12,632 5,878 12.632 5.878 32,800 18,510 51,310 26,918 330.000 356,918 Grants received durng the year were allocated as follows.. £25,000 to rehomSng and rehabilEtation acti118$ and £26,310 to the Halhvay House. of which £18,510 was rfjstricted. 11
YELLOW RIBBON COMMUNITY CHAPLAINCY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 Income from ehirftsble actlvltles Unre$trict•d Unrnstr]ct•d funds funds 2025 2024 Rehoming & Rehabllltsllon Housing Rental IrMe and r95idential tharges 581.262 20.665 536.762 26,010 Ha1•Y Hou$e Cafe income 84.331 20 666.258 562.792 Charltable trading In¢ome During the year, it was de¢ided thal the COme and èxpèndilure attribulable lo the Hahay House on the Wrekin should be rectgnised as a separate charitable 8divity focused on community engagemsnl. Therefore. 1he comparative arnounts re91$9 in the Halhyay House actiwty have boen restated in the 2024 yèar end. kncome from Inv*8lments Untri¢l•d Unr•strictsd funds fund5 2025 2024 Interest receivable 2,324 3.195 -12-
YELLOW RIBBON COMMUNITY CHAPLAINCY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 Expenditure on Chatabts adiviti•s Rehomlng & Reh•billtstlon 2025 Hallway Total R•homing & Rehabllltstlon 2024 HaIlY HouBe 2024 Total 2025 2026 2024 Dlrect ¢osts Staff costs D9preo8lion and impaim)ent Premises ¢osts HaIaY House Costs Bad debt pSKIn 189,336 45,187 234,523 160,712 1,842 182.554 2,$29 336.231 18.844 21,373 336,231 1,248 333,760 1,523 2.771 333,7eo 58.471 312 58.471 312 22.557 22,557 528.096 122.814 650.910 515.720 25,922 541.642 Share of support and gov•rnance ¢o•ts {$ee not• 61 Supporl 24,561 4.294 Governance 957 167 28.855 1.124 25.884 984 1.750 27,634 1,050 553.614 127,275 880.889 542.588 27.738 570,326 Anatyslg by nd Unrestricted fund8 Restricted fund8 SS3.614 112,785 14,490 666,399 14,490 542.588 12,386 15,352 554.974 15.352 553,614 127,275 680,889 542,588 27.738 570,326 During the year. it was decided that the income and expendlture attributable to the Halfway Housè on th9 Wreknn should be gnIsed as a Sgparale charitale acliwty focused on CDmmuniiy engagement. Therofore, thè comparative amounts recognisèd in the Hathyay House actiwty have been $1*e in the 2024 year end. -13-
YELLOW RIBBON COMMUNITY CHAPLAINCY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 Support C08ts allocated to •¢lv•itl•$ 2025 2024 Legal and professional 753 1,938 Printing. postsge and ststionery Rent Insvwanco Computer running costs Accountancy Governance cmls 1,664 15,995 4,049 2,299 2.247 1.124 15, 3,236 1,050 29.979 28.684 Analys•d b8iween: Rehoming & Rehabilitatlon HaIaY House 25.518 4,461 26.868 1.816 29.979 28,684 SLFPPOrt and govem•n¢e costs havé been allocated b8s¢d on the 1he proportion cf each charitat4e actN cost excluding depreciation and staff costs being 850A Rehoming & Rghobilitath)n and 15Y• HaaY House. Net movemènt In funds 2026 2024 The net movement in funds 15 $ts1gd after chargingllcredrting): Fees payable for the independent examinallon ofthe chariVs finanaal statements DeproLaalSon ol owned tangible ffixed as$¥l$ 1.124 21.373 2,T11 Trwat••s None of the trustees recelved reimbursements for expenses Irrr9d while on chadty business during the year (2024: On9 trustee was reimbursed £551. Employegs The average monthty nnber of employees during the yeaf was.. 2025 Numbér 2024 Mumber 12 13 14-
YELLOW RIBBON COMMUNITY CHAPLAINCY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 Employe {Conllnu•dl Employmfrnt ¢o$ts 2025 2024 dges and salaries Social serItY costs Other pension ¢osts 223.121 8.511 2.891 175,864 5.378 1.312 234,523 182,554 Thore wer• no employees whtsse annual remunaration was more than £60,000. Remun•ration of key manag•m•nt rsOnnel Th& remuneratK)n of key managgm8nl perSc*e1 was a$ folows: 2025 2024 Aggregalg Gompensalion 22,452 25.530 10 T•x•tkni The charity is exempt from lax on income and gains falling within section 505 of the TaxesAct 1988 or sectic 252 of the Taxation of Chatgeable Gains Act 1992 to the extent that thg$e are applied lo its Charitable objects. 11 Tr•nsf•ra In 2024. a restricted grant of £300.000 was received for the purpose of purchasing the Hallway House. As the Halfway House is held for an unreslricled purpose. upon purchasing, th8 amount wa5 Iiansferr¢d lo unrestricted funds. In 2025, £18,510 was received in two restricted grants for the purpose of improvement$ to the H£lfv¥ay House. As the HaIaY House is held for an unreslrfcled purpose, upon purchasing. these amounts werg Iransferred lo unrestricted lunds. 15-
YELLOW RIBBON COMMUNITY CHAPLAINCY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 13 Stocks 2025 2024 Finished good5 and gTr)ds for resale 3,000 1,200 14 Debtors 2D26 2024 Amounts falliwj duè wlthln yèar: Prepayments aThJ accrued income 41,726 42.738 IS Cr•dltor4: amounts falling dug within ong y••r 202S 2024 Note# Olhgr laxalion and social security Government grants Trade credr(ors Olher uedilors Accruals 2,429 23.082 5,708 3S2 9.567 1.738 23,082 16 308 10.697 41,138 35.825 16 Govemm¢nt grants Deferred income is induded in the financial statements as follows.. 2025 2024 Deferred income is included wthin.. Current h'abilrties 23,082 23,082 Movements in the year Deferred incom8 at 1 August 2024 R$l•ased from previous periods ReSoUrS deferred in the year 23.082 {23,082) 23.082 23.082 Deferred in¢om$ at 31 July 2025 23,082 23.082 17 R•14r•m8nt b•nefft schemes 202S 2024 Defin•d contrlbution 8¢hèmo8 ChaTge to profil or loss in respecl of dofingd ¢ontribuknon sthèmes 2,891 1.312 17-
YELLOW RIBBON COMMUNITY CHAPLAINCY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025 17 Retiremnt b•n•fft 8chTh8 IContlnu•d The charity oper8les a dèfined cLintribulion pension scheme for all qualfying ernploye&s. The assets of the ame are hald separalety from those of the chaiity in an independenlty administered frJrMJ. 18 Restrlcted funds The income funds of the chaY indude restricted funds comprising of the folbwiNJ: At 1 Augu¥t 2024 Incoming our¢es Resources expend•d Transfers At 31 July 2025 HaaY House Hol¥Y House Improvements 14.49J 14,4901 18.510 118.510} 14,4 18.510 114,4901 118.510} Prevlous year: At 1 Auguyt 2023 Incomlng R•$ource8 resource$ •xp¢nded Transf At31 Juty 2024 Hath¥ay House 0,000 115,3521 1300,1581 14,4KI This fijnd is restricted forthe u50 ofthe Halfivay house. 19 Unmtrkt•d funds The unre$lricted funds of the charty comprfs• the unexpended balance5 of donations and grants whlth are not subject lo S¢IfiC ¢cndrtions by donors and grantors as to how they may be used. These indude designated funds whi¢h have been set aside out of unrestricled funds by the trustees f¢r specific purposes. At l August 2024 Ineomlng resou0 Resources exp9nd•d Trnnsfern At 31 July 202S OpeT*'onal rèserve Property repair fund General funds 100.000 10.000 492.574 1CWJ,000 10,000 547.992 703.307 1866,399} 18.S10 602.574 703,307 ie06,399} 18,510 657.992 18-
YELLOW RIBBON COMMUNITY CHAPLAINCY NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED) FOR THE YEAR ENDED 31 JULY 2025 19 Unrestrlcted funds (Continu) Prgvlous ar. At l August 2023 In¢omlng resourc•8 Resources oxp•nd Trnn$f•rn At 31 Juty 2024 Operafional reseN& Property repair fund The HaIaY House Genoral funds 1,000 2.000 125,000 28,065 100,000 10.000 8.000 1425,000 1129,9741 300,000 158 594,325 492.574 255,(K5 802.325 IS54,974) 300,158 602.574 Op•rational reuN• This provides a re5eTve of 8t188st 4 mnlhs Opernn9 cosls. The operating lease MmItMants are c•)vered by housing benefit income as per note 21. Proptrrty r•palr fund This is ftjr dlapidations at the end of the lease. The Halhvay House DLJring the 2024 finandal year. the charity purchased the 'The HaaY House". a propertylocoled on the ékin. The Wrekin is the best-known hill in the Shrop5hire Hills National landscape. Over 100.000 0pk visit the kIrt every year. 81 least thiee ouartors ofthem are locals. 20 Analysls of n•t assets b•twn funds Unr•strict•d fund$ 2026 Re¥tri¢t•d funds 2025 Total 2028 At 31 July 2025.. Tangible assets Current assetlI1abl1eS) 489.504 168.488 489,504 168,488 657.992 657.992 Unrggtrlct•d funds 2024 Restrlctsd funds 2024 Total 2024 At 31 July 2024: Tangible asset$ Current assatsllliabilili8s) 465,250 137,324 465.250 151.814 14.490 602,574 14,490 617.064 19-
YELLOW RIBBON COMMUNITY CHAPLAINCY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 21 Operdtlng lease ¢ommlknents Le¥5ee The fourte6n Telford properties and one W0erhampt0n property are leased from local landlords on one year leases. The ts¥o Slafford propertiès 8nd threè Walsall properlies are also leased from local landlords but on two year leases wTrth one Walsall landlord requiring a three year lease. The Shiewsbury properiies are leased Irom Green Pastu$ ot on annual cost of £23,752 and 8rg coming to the end of thèir medium - lerrn leasas. Tho office al Meeting Point House is on a monthty rgnt bosis. 2025 2024 Wlhin onè year Btheen and fiv8 yèars 164,708 38,694 201.383 165,894 203.402 367,257 22 Related party tran¥a¢tio During the year. the charity paid the followrng amounts lo related parties. £15,995 was paid in rental expenses lo Meetin9 Point Trust Ltd. an incorpor&led charty where Mr T Curr. is a150 a Iruslee12024'. £15,155). No amoun15 were ouistsnding at the year end {2024'. £nill. £55 wa5 paid in subscripOn fees to the Cornmunity Chaplainw Assouation. an incorpoTaled charity wFwre Mr T Currie, is also a Iru51ee12024- £S51. No amounts were outstanding at the year end12024'. £nS1). 23 Cash gen•rat•d fmm operntio 2025 2024 Surplus for the year 40,928 381,999 Adjuslmonts for: InveStnt income recognise¢J in 51alement of financial actiwlies DaprecAation and impalmenl of tsngible fixed assets {2,324) 21,373 13,1951 2.771 Movements in worklng capltal: (Increase) in stocks DecTeasellincTeasel in debtors Incrgasel{dec¥e8$el n Creditors Decreasellincreasa in deferred income (1,800) 1.012 5.313 11,2001 (10,1361 12,5891 23,082 C4$h gen•rat•d from opeTation$ 64,502 37Q,732 -20-