## **YOUTH EMPOWERMENT MINISTRY**
## **FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31[st] December 2025**
**CHARITY NUMBER: 1177358**
## **Table Of Contents**
Legal & Administrative Details.….…………………………………………… 1 Trustees’ Report …………………………………………………………………… 2 Independent Examiner’s Report …………………………………………….. 6 Financial Statements ………………..…………………………………………… 8
## **YOUTH EMPOWERMENT MINISTRY**
## **LEGAL & ADMINISTRATIVE DETAILS**
## **YEAR ENDED 31 December 2025**
## **ADDRESS FOR CORRESPONDENCE**
EAST WING CASTLE HOUSE DAWSON ROAD MILTON KEYNES MK1 1QT
## **REGISTERED CHARITY NUMBER**
1177358
## **GOVERNING DOCUMENT**
CONSTITUTION ADOPTED 02/01/2017
## **TRUSTEES/ DIRECTORS**
HANNAH KUMI SELORM DAVID AKAKPO CSILLA NOEMI LARBIE
## **PRINCIPAL BANKERS**
## **INDEPENDENT EXAMINER**
DKA ACCOUNTING LTD EAST WING CASTLE HOUSE DAWSON ROAD MILTON KEYNES MK1 1QT
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## **TRUSTEES’ REPORT**
The trustees are pleased to present their report for the year ended 31st December 2025 for the charity Youth Empowerment Ministry with charity number 1177358.
The Trustees of the charity are:
HANNAH KUMI SELORM DAVID AKAKPO CSILLA NOEMI LARBIE
The principal address of the charity is:
East Wing Castle House Dawson Road Milton Keynes MK1 1QT
**Reporting Period:** January 2025 – December 2025
## **Organisational Overview**
Youth Empowerment Ministry (YEM) is a charitable organisation established to support vulnerable individuals and communities through targeted interventions in education, skills development, and economic empowerment. The organisation operates with the objective of reducing poverty, promoting self-reliance, and improving long-term social and economic outcomes for disadvantaged groups, including persons with disabilities, young people, orphans, and widows with dependent children.
## **Governance and Financial Oversight**
During the reporting period, YEM ensured that all funds were allocated in line with its charitable objectives and approved activities. Decisions relating to beneficiary selection and expenditure were guided by assessed need, vulnerability criteria, and potential for sustainable impact. Records of expenditure were maintained, and funds were disbursed specifically for programme delivery rather than administrative or personal gain. The organisation prioritised direct beneficiary support, ensuring that financial resources were used efficiently to maximise social impact.
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## **Summary of Programme Expenditure**
Between January 2025 and December 2025, YEM disbursed funds across four key programme areas:
- **£8,000** to support persons with disabilities through skills development and incomegenerating activities
- **£7,000** to support young people with tuition fees at secondary and tertiary education levels
- **£4,000** to support orphans with school fees and essential food items
- **£5,000** to support widows with young children through income-generating initiatives
Each programme was designed to address immediate needs while contributing to longer-term independence and resilience.
## **Support for Persons with Disabilities**
YEM allocated **£8,000** to support **eight (8) persons with disabilities** . The purpose of this programme was to reduce economic dependency and promote inclusion by enabling beneficiaries to engage in skilled or self-employed work.
Support provided included:
- The purchase of a **shoe sewing machine** for one beneficiary to support vocational shoe-making;
- Provision of **hairdressing equipment** for **three (3) beneficiaries** , enabling them to operate small hairdressing businesses; and
- Financial and material assistance to establish **small trading businesses** for **four (4) beneficiaries** .
This intervention focused on practical tools and equipment rather than cash handouts, ensuring that beneficiaries were equipped to generate sustainable income. The programme contributed to improved self-esteem, financial independence, and reduced reliance on external aid.
## **Educational Support for Young People**
An amount of **£7,000** was spent supporting **twenty (20) young people** with the payment of **tuition fees** across **secondary and tertiary education** .
The objective of this programme was to remove financial barriers to education for young people from low-income backgrounds. By supporting access to education, YEM aimed to improve long-term employment prospects, reduce vulnerability to poverty, and contribute to human capital development.
Tuition support was provided directly toward educational costs, ensuring that funds were used strictly for their intended purpose. Beneficiaries were selected based on financial need and commitment to continuing education.
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## **Support for Orphans**
YEM allocated **£4,000** to support **ten (10) orphans** during the reporting period. This support covered:
- **School fees** , ensuring continued access to education; and
- **Food items** , contributing to basic nutrition and wellbeing.
This programme addressed both educational continuity and immediate welfare needs. By supporting schooling alongside nutrition, YEM aimed to provide a stable foundation for vulnerable children, recognising that educational outcomes are closely linked to basic living conditions.
## **Support for Widows with Young Children**
YEM disbursed **GHS 5,000** to support 5 **widows with young children** . The purpose of this intervention was to empower widowed caregivers to generate income and support their households independently.
Funds were used to assist beneficiaries in establishing or strengthening small incomegenerating activities. This enabled widows to contribute toward:
- Their children’s school fees;
- Daily household upkeep; and
- Improved financial stability.
This programme recognised the heightened vulnerability of widows with dependent children and sought to promote dignity, self-sufficiency, and long-term resilience rather than shortterm relief alone.
## **Impact and Outcomes**
Across all programme areas, YEM’s interventions contributed to measurable social outcomes, including:
- Improved income-generation capacity among persons with disabilities and widows;
- Increased access to education for young people and orphans;
- Enhanced household stability and wellbeing for vulnerable families; and
- • Reduced dependency through skills-based and empowerment-focused support.
While YEM operates on a modest financial scale, the targeted nature of its interventions ensured that funds delivered direct and meaningful benefits to beneficiaries.
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## **Compliance and Accountability Statement**
YEM confirms that all funds during the reporting period were applied in furtherance of its charitable objectives. No funds were used for personal benefit, and expenditure was consistent with the organisation’s mission and governance framework. The organisation remains committed to maintaining appropriate records, cooperating with regulatory oversight, and continuously improving its monitoring and evaluation practices.
## **Conclusion**
Between January 2025 and December 2025, Youth Empowerment Ministry (YEM) demonstrated responsible stewardship of charitable funds through targeted, needs-based interventions. The organisation’s activities aligned with its stated objectives of empowerment, education, and poverty reduction. YEM remains committed to transparency, regulatory compliance, and the continued delivery of impactful programmes that support vulnerable individuals and communities.
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## **INDEPENDENT EXAMINER’S REPORT**
## **Financial Review**
The income of the charity was **£70,069** for the period. The charity is also well positioned to manage its costs effectively.
## **Reserve Policy**
It is the policy of the charity to maintain unrestricted funds. These are the reserves of the organisation and equivalent to 3 months of unrestricted expenditure. The aim is to ensure there is adequate funds to cover any emergency expenditure that may arise. They will seek to maintain this level throughout the year.
## **Risk Management**
The charity has assessed all the major risks to which the charity is exposed to, in particular those related to operations and finances of the charity and are satisfied that systems are in place to mitigate exposure to major risks.
## **Trustee Responsibilities**
Under the Charities Act 2011, the trustees are required to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of the church. They are required to:
1. Select suitable accounting policies and apply them consistently.
2. Make judgements and estimates that are reasonable and prudent.
3. State whether the applicable accounting standards have been followed.
4. Prepare financial statements on an ongoing basis.
They are responsible for keeping proper records which disclose with reasonable accuracy the finances of the church at any time and to ensure that such accounts comply with the Charities Act 2011.They also have a responsibility to safeguard the assets of the church and to take reasonable steps to detect fraud or other irregularities.
This report of the charity for the year ended 31[st] December 2025 relates to the Receipts and Payment Account.
## **Respective responsibilities of Trustees and examiner**
The charity’s Trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 1993 (the Act) and that an independent examination is needed. It is my responsibility to:
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- examine the accounts (under section 43 of the Act)
- follow the procedures laid down in the General Directions given by the Charity Commission (under section 43(7)(b) of the Act); and
- state whether particular matters have come to my attention.
## **Basis of the independent examiner’s statement**
My examination included a review of the accounting records kept by the charity. It included consideration of any unusual items or disclosures in the accounts and seeking explanation from the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts.
## **Independent Examiner’s statement**
In the course of my examination, no matter has come to my attention:
1. which gives me reasonable cause to believe that, in any material respect, the Trustees have not met the requirements to ensure that:
- proper accounts records are kept in accordance with section 41 of the Act; and
- accounts are prepared which agree with the accounting records and comply with the account requirements of the Act; or
2. to which in my opinion attention should be drawn in order to enable proper understanding of the accounts to be reached.
_**Edward Sarpong IFA (MiP), ICAG, MBA (Fin), Bcom (Acct) DKA Accounting Ltd**_
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## **YOUTH EMPOWERMENT MINISTRY**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025**
|**Note**
**Incoming resources from Generated funds**
Donations
1
Investment income
Other Income
2
**Total Incoming resources**
**Resources expended in furtherance of charity objectives**
Charitable activities
3
Other
4
**Total Resources Expended**
**Net movement in funds**|**UNRESTRICTED**
**FUNDS**
**£**
70,069
-
-
**70,069**
38,789
-
**38,789**
**31,280**|**2025**
**2024**
**£**
**£**
70,069
23,211
-
-
-
-
**70,069**
**23,211**
38,789
19,437
-
-
**38,789**
**19,437**
**31,280**
**3,774**|
|---|---|---|
The above funds are all classed as to purpose.
All movements of funds and all recognised gains and losses are included above.
The notes on the accounts form part of these accounts.
The receipts and payment accounts was approved on **24/Feb/2026**
## **SIGNED ON BEHALF OF THE BOARD BY:**
NAME: **HANNAH KUMI** STATUS **CHAIR OF TRUSTEES**
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## **YOUTH EMPOWERMENT MINISTRY**
## **BALANCE SHEET AT 31 DECEMBER 2025**
|**ASSETS**
Fixed Asset
**Tangible assets**
Motor Vehicles
**Total Tangible assets**
**Non-Current Assets**
Debtors
Loan
**Total Non-Current Assets**
**Cash at bank and in hand**
Cash Donations
Cash on hand
**Total Cash at bank and in hand**
**Net current assets**
Net current assets (liabilities)
**Total assets less current liabilities**
**Creditors: amounts falling due after more than one year**
Loan
Other Creditor
Total Creditors: amounts falling due after more than one year
**Total net assets (liabilities)**
**Charity funds**
Opening Balance Equity
Retained Earnings
Surplus/(Deficit)
**Total Charity funds**
The receipts and payment accounts was approved on
**SIGNED ON BEHALF OF THE BOARD BY:**|**2025**
**2024**
**£**
**£**
-
-
**-**
**-**
1,000
2,666
-
-
**1,000**
**2,666**
-
-
21,306
15,121
**21,306**
**15,121**
**21,306**
**15,121**
21,306
15,121
**22,306**
**17,787**
-
-
26,761|
|---|---|
||**-**
**26,761**
**22,306**
**(8,974)**
-
-
(8,974)
(12,748)
31,280
3,774
**22,306**
**(8,974)**
**24/Feb/2026**|
NAME: **HANNAH KUMI** STATUS **CHAIR OF TRUSTEES**
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## **YOUTH EMPOWERMENT MINISTRY**
## **DETAILED INCOME AND EXPENDITURE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025**
|**Incoming resources from Generated funds**
Charity Works
1
Gift Aid
2
Other Income
**Total Income**
**Resources expended in furtherance of charity objectives**
3
Charitable activities (Donations)
Legal and Professional Fees
Office/General Administrative Expenses
Travel and Accommodation
**Net Surplus for the year**|**UNRESTRICTED**
**FUNDS**
**2025**
**2024**
**£**
**£**
**£**
70,069
70,069
23,211
-
-
-
-
-
-
**70,069**
**70,069**
**23,211**
35,731
35,731
18,037
2,700
2,700
1,400
172
172
-
186
186
-
**38,789**
**38,789**
**19,437**
31,280
31,280
3,774
**31,280**
**31,280**
**3,774**|
|---|---|
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