Yellowsands Foundation Annual Report and Unaudited Financial Statements For the year ended 31 December 2023 Charity Registration No. 1181005
Yellowsands Foundatlon Legal and Admln18tratlve Informatlon Yoknysands Found8tk)n 1181005 Brètt Hugglns ClarB Scott Spencer John 36 Ro•J London SE22 8QD Moore KITtOn Smith LLP 9 Appthj Street London EC2A 2AP Namlfjst 61 Sydenham Road SE28 SHA Pw (Mg
Yèllowsands Foundatlon Statement of Flnanclal Actlvltles For thè year ended 31 December 2023 Unrn•trSct•d Fund8 Tot•1 Totsi
*ar •nd•d p•dod end•d 2023 2022 Not• 2023 700 700 3,895 T•t•l 700 700 3,895 936 936 2,936 Totsl 936 936 2,936 12361 12361 959 FuThJ¥ bwht 1.130 1.130 2.089 1.366 1,130 Po90 Tw
Yellowsands Foundatlon Balance Sheet As at 31 Dec•mber 2023 C•sh 01 bonk 554 554 70 70 wtthln 1,920 1.2CKI 11,386) {1,lYJI {1.3661 11,1301 Tol•l Fw 1,388 1.130 by th• Tru8t••g on.... .. . .... ..... ......... •rKl8bn•d onlb•h9ty'. Trusts• arfty No. 1181C#)5 Paqg Th
Yellowsands Foundatlon Notes to the Flnanclal Statements For the year ended 31 December 2023 Awountlng Pollcl•• Charlty Infomwlon Yellow$8nds Foundalion is o ¢harfty r9918tBrnd In ETrJlaThJ and Wale8. The regiBlerpd ¢)Tr• is 36 Glery8ry Ro8d. London. SE22 8QD. 1.1 8••ls of pr•p•ratbon The financi81 statèments have been prep8red in accordance with Ac(untIng and Roporth"ng by char8$.. StatgThnt of R•cornmended Pr8CtW 8ppli¢atAe to ch8riti8s preparing Ihelr accounts In acu)rdance wth the Financial R•pott"ng Slandard 8PFlicatAe in the UK and Republic of Ireland IFRS 1021 and the Ch8rities Act 2011. The Charity $tirte8 a wbtic benefit entity as defined by FRS 102. Th8 financial staterrnls are prOpaj in sterfing, ttich Is thè lunctional curr8ncy 01 th8 tharity. mstary amwnts in th8se financial stat8rn8nts are rwnded to thg nearest FKwnd. The pwKipal 8ccounth"ThJ w)licAes. whith ar• appli8d consist8nUy. are set out below. 12 Goln9 Concgrn The tNstees have aSsed wh81herth8 use ot the goirmj COnM basis is appropriate aThJ have COrnsere FSsiA8 events or conditn8 that mi9ht Ggst styn+fi¢ant doubt on the ability ol lh8 chanty lo continue as a concem. The tnIstS have (x)nsidued the impact of exlemal tscto when makrNJ thwr a5S8ssm8nt. Althwgh the chanty is in a nel lbIlitIeS posibon at year end the expectation is that incorne wll remain sleadyor inL¥ease. thile expendthre entirely COn5ts rA tharitable acbwl¢es and so in fU1u years will be mètched again51 income. Incomlng Re•ourc•• JI incoming resourw are rocLwJnised once the ¢harity has entiuernenl io the resources. rt is wlain that the reS¢XJrr will be eJ, and the mTh)etary value of incoming r8swr¢es w be Tha5ured $uftient relobilty. Resouw Expended Li8bilits"es are recognised as rèsour gxpended 0$ soon as ther8 is a Wl ¢y ¢or6lwcth ot&3ation mmng the tharity to the expendrtU. Nl èJPEndiiure is ac£ounted lororb an ac(xuals ba9 arK1 has been dassffied uThJer headings thal aggTegate 811 costs related to the category. 1A Fund Accounllng The charity rec8fv88 donaon8 8nd thèse 88 sources for ddivory of th8 aims of Foundation. 1.6 Taxath The enbty is a registered charty an¢J has no tradifi9 income, aNJ is therefor8 exempt from taOn. Allo¢n of ov•rfwad and $upport¢ogts Ovethe&J and suprKJrt ¢)Jsts have been alhx8ted to charitable xuvites. The allocation of overhead aTrJ SUPF¢Jrt costs 15 anal in note 4. Cthlcal AcctIng Esthnat•s and kna5 of Judgomont In aprAvlion of th8 Charivs aco)unts"ng policios. lh8 board is regulred to rnake IjgaMents. estimatss 4nd assumptions ab the carrying amoufit of a5SOts and liaklitles Ihal ar& not readily app3nt from other sources. Th8 eslimatss and assorA8ted assumptions are based on historical exp6riefKe and other factors that are (yJn81der8d to bg relevant. A4ual rewJh8 may dlffer from these eslm8le6. The 8sb"mat6$ and underfying assumptM?ns aro re¥ on an on-goino basks. R8ViSIOt15 to acxounlry esb"male8 arp rwnisod in the p8nod in whith the esumale is remsad. if th8 alf8rJs onty that pehyj. or in t of revisM)n and lulure p9Wi(Kl$ rfthe iewision affects tMAh rrent and futwe wiods. Th8r6 ar• no esllmatss arKI 86sumptic¥)s aro bello¥ed to have a slgnificanl risk of causlng 8 male(ial Iju6tment to the rAnyng amounl of 85sets and liabiliti8s in Ihe currenl perKMI. Pag6 Four
Y•llow••nd• Foundatlon Notes to th• Flnanclal Statements (Contlnued) For the ended 310ecember 2023 I'r 72 P4• Fh
Yellowsands Foundatlon Notes to the Flnanclal Statements (Contlnued) For the year ended 31 December 2023 Unro¥trlet•d Cosi ol FundrpATvJ LsY)g1 F8os 216 216 720 12801 MaTkgtiThJ Grants FPS Ef•JiYnont to 936 2,936 1.920
Yellow8ands Foundatlon Notes to the Flnanclal Statements (Contlnued) For the year ended 31 December 2023 Al 1 JaNary 2023 EJrp8ndllur• TranJf•rn At 31 DOc•mr 1.130 936 At 1 Income EXpdItre Tfan¥1 At 31 Decernber 2022 Unr88lrKted FurKIs 2.089 3.895 2.936 1.120 Curr¢nt urrent Uabllnl•• Total 2023 554 11.366 CuThent CuFTent Llablllll•s Total 2022 t.t30 1.130 P•9• S¢v