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2024-03-31-accounts

Yaseen Youth Development LTD Charitable Com an ( p y) Trustees’ report and Financial statements

For the year ended 31 March 2024

Crown House, Suite 822 North Circular Road London, NW10 7PN yaseenyouth.org Registered charity no: 1198550 Company no: 10589846

CONTENT

Page
Legal and Administrative Information 1
Message from the Trustees 2
Vision and Mission Statement 3
Structure: Governance and Management 4
Financial Review 7
Independent Examiner’s Report to the
Board of Trustees of Yaseen Youth Development 9
Statement of Financial Activities 10
Balance sheet 11
Notes to the financial statements 12

LEGAL AND ADMINISTRATIVE INFORMATION

Status

The Trustees are pleased to present their annual Trustees Report together with the financial statements of Yaseen Youth Development LTD for the year ended 31st March 2024.

The financial statements comply with the Charities Act 2011 and Accounting and Reporting by Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).

Board of Trustees

Hisham Bella Chair Asif Aziz Uddin Trustee Mohammad Imran Asif Trustee

Registered charity number: 1198550 Company number: 10589846

Registered Office

PO Box NW10 7PN Crown House Suite 822 North Circular Road London England United Kingdom NW10 7PN

Independent Examiner

Alamgir Hossain, ACCA

Bankers

Barclays Bank 1 Churchill Place London E14 5HP

Page 1 of 16

MESSAGE FROM THE TRUSTEES

In the name of Allah, the Most Gracious the Most Merciful

It gives me great pleasure to present this Trustees report for Yaseen Youth Development. In our second year of inception as a registered charity, YYT has been busy continuing to actualise the vision of the organisation which is to serve the youth.

during this period in response to the great need for interventions to support the mental health of the young people that we serve. Great Minds aims to provide a professional and structured platform for multilevel interventions in the form of Counselling. Mentoring & Befriending. This project aims to improve the mental health of a hard-to-reach group of young people in the BAME community.

Our motto as an organisation is “Inspire the Youth, Inspire the World”. We believe that young people in the UK and around the world hold the keys to their success and the future success of their communities. Developing young people and instilling within them the confidence to achieve and full their full potential.

Setup during the difficult and worldwide COVID-19 crisis, the Corporate -19 project has been very popular. It aimed at providing positive channels for young people to respond and contribute positively to the humanitarian crises taking place around them. A monthly clothes collection for relief work has been arranged to allow the young to contribute.

Our Youth tours have been oversubscribed during this period with many young people being given the chance to travel overseas and broaden their horizons by experiencing different countries and cultures. Our Yaseen Youth Centre in Wembley has been at the heart of our growth, the Centre quickly became a hub engaging young people locally in the area of Brent and throughout the city of London. Activities such as the Youth sessions and events such as the creativity competition have captured the aspirations of young people and have been largely oversubscribed due to their relevance and engagement.

The Sports Foundation programme also saw great engagement and uptake from young

This has been a snapshot of the many activities organised by Yaseen Youth Development. I would like to thank the team, CEO, volunteers, and supporters for the hard work put into making this dream a reality. We hope to see YYD grow in the years to come and support many young people locally and further afield.

Hisham Bella

people. The annual Football Tournament saw 100’s young people sign up and organise themselves into teams competing for the advertised cash prize. This great attendance allowed us to engage those hard-to-reach young people and instill positive values of initiative and aspiration to reach lofty goals. Our Great Minds project was also launched

Trustee

On Behalf of the Board of Trustees of Yaseen Youth Development LTD

Date: 14 January 2025

Page 2 of 16

VISION AND MISSION STATEMENT

Our Objectives

Operating within an Islamic ethos to act as a resource for young people aged 11 to 24 living in London by offering advice and assistance and organising youth work and play activities of a social, physical, educational, therapeutic and spiritual nature, as a means of:

Our vision

“A world where every youth thrives.”

Our story

Yaseen Youth is a non-profit organisation that was established in 2016 in the holy city of Madinah.

The organisation was formed by a team of youth workers, students of knowledge and professionals who, after many years of working with the Muslim youth of the UK, saw an everpressing need for their development, empowerment and education, with the vision of seeing them shape the future and play a critical role in rectifying the issues facing society.

After forming a small team, and with the help of Talbya Travels in London, we soon founded our first project; Yaseen Youth Tours, launching an annual ‘Youth Umrah’, which takes the youth on a spiritual journey of pilgrimage to Makkah and a visit to Madinah, all the while including a holistic youth development programme (consisting of fun activities, adventure, workshops and retreats). The journey serves as a catalyst to their education and empowerment, as well as forming unity and community spirit, mentor and mentee relationships, and building bonds that will hopefully last for decades to come, insha’Allah!

Imagine a world where every youth is proud of his/her identity, a world where every youth is an effective leader – leading himself/herself and others towards productivity and peace-building in society. Imagine a world where the youth are empowered, nurtured, and engaged to fulfil their enormous potential, and where they reach their highest of aspirations. Imagine a world where every youth is inspired, and imagine a world that is inspired by the youth.

The first Youth Umrah trip took place in 2016 and has continued to take place annually since then, with approximately 1,000 people taking the journey with us by 2023.

However, on the back of these trips, we saw the need to maintain our relationship and provide follow-up programmes to continue to help the youth, and cater to our local youth who haven’t yet been able to travel with us.

At Yaseen Youth, we work towards making this vision a reality.

Thus, Yaseen Youth expanded into new services, projects and programmes, with the varying needs of our youth in mind.

Page 3 of 16

STRUCTURE: GOVERNANCE AND MANAGEMENT

Governing document

Yaseen Youth Development is a registered charitable company under the Laws of England & Wales regulated by the Charity Commission.

All members of the board are appointed and are committed to serving the organisation by fulfilling their roles as Trustees in keeping with its constitution.

Directors/Trustees Responsibility Statement

The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing the financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial

position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees for the purposes of charity law who served during the year and up to the date of this report are set out on page 1.

Principal risks and uncertainties

The Board of Yaseen Youth Development LTD are committed to maintaining a strong risk management framework to ensure the organisation is able to manage risk appropriately. This is done through maximising potential opportunities whilst minimising the adverse effects of risk by having appropriate customised systems and controls in place for reporting and action.

Risk Management Process

The general risk management process includes the following steps:

  1. An annual review of the previous year's risk management report.

  2. A risk identification exercise for the year ahead consisting of an evaluation of identified risks.

  3. Recording and monitoring of risks using a risk register.

  4. Assigning management and responsibility for risks to the CEO & the team.

Risk management forms part of Yaseen Youth's system of internal controls and is supported by

Page 4 of 16

the policies and procedures of the organisation, covering but not limited to:

The risk of falling short of these standards is mitigated as far as possible by ensuring that appropriate policies and working practices are adopted in each area and department and that staff are adequately experienced and trained to manage this.

Induction Recruitment of Trustees

All of our trustees are volunteers. They are chosen because they have the diverse range of skills, knowledge and experience that Yaseen Youth needs to respond to key challenges. Stakeholders and partners may nominate trustees, and sometimes we will make a personal approach to potential candidates. To ensure that the charity benefits from a professional and dynamic board, trustees are provided with a comprehensive induction and on-going training in new or emerging areas of responsibility.

New trustees receive a full overview of the strategic and operational functions, which includes a copy of organisation's Constitution, Board Meeting Minutes and Charity Commission guidance “The Essential Trustee.” Trustees play a significant role in the running of the charity and are always expected to keep up to date in the charity world this also includes keeping abreast of “Charity Commission News” and other updates as and when they appear on the commission’s website. They are also encouraged to help identify any gaps in their training needs.

Currently serving trustees are:

Mr Hisham Bella Mr Mohammad Imran Asif Mr Asif Aziz Uddin

Achievement and performance

During the period April 2023 to March 2024, the charity has achieved many milestones in fulfilling its charitable objectives and also realising its ultimate aim.

Yaseen Youth Tours (YYT) has been actively engaging youth through a variety of events and activities from 2023 up to March 2024. These initiatives are designed to empower, educate, and inspire young individuals, fostering personal growth and community involvement.

Annual Summer Retreat 2023: In August 2023, YYT hosted its 2nd Annual Summer Retreat in Wales. This event provided participants with opportunities for spiritual development, teambuilding exercises, and outdoor adventures, all aimed at strengthening bonds and enhancing leadership skills.

Great Minds Talk: In October 2023, YYT organized the "Great Minds Talk," focusing on addressing depression through the lens of faith. This event offered a platform for open discussions, providing attendees with insights and coping strategies to manage mental health challenges.

Annual Autumn Camp 2023: Later in October, YYT conducted its Annual Autumn Camp themed "Members of His Ummah." The camp featured various activities, including archery, ziplining, and fencing, along with spiritual reminders shared around a cozy campfire, fostering both physical and spiritual growth among participants.

A Night for Palestine: In November 2023, YYT, in partnership with Nadi, presented "A Night for Palestine!" This event aimed to raise awareness and support for the Palestinian cause, featuring discussions and cultural presentations to educate and engage the community.

Page 5 of 16

Tears of Gaza Film Screening: Also in November 2023, YYT hosted a screening of the documentary "Tears of Gaza," followed by a panel discussion with guest speakers. The event sought to shed light on the humanitarian issues in Gaza, encouraging informed dialogue and advocacy among attendees.

February Youth Umrah 2024: Looking ahead, YYT has planned the "February Youth Umrah 2024" under the theme "A New Beginning." This spiritual journey is designed to provide young individuals with an opportunity for religious enrichment and personal reflection, fostering a deeper connection to their faith.

Through these diverse activities, Yaseen Youth Tours continues to fulfill its mission of empowering youth by providing platforms for spiritual growth, community engagement, and personal development.

The Board of Trustees meets at regular intervals to carry out reviews and make decisions and has the overall responsibility for all of Yaseen Youth Developments LTD's activities. In keeping with good practice, the Board receives regular performance reports, annual financial reports, plans, and budgets. It also approves relevant new policies and procedures.

Going concern

The onslaught of the cost-of-living crisis which has hit Europe and in particular the United Kingdom and continues to have an impact throughout this year with few signs that it will curtail. This is naturally felt by organisations like ourselves with lower donations and more young people turning to our organisation for support and help. The Trustees and CEO have taken steps to make more prudent expenditures and increase income via fundraising campaigns. The Trustees have concluded that the charity operation will still carry on to 2024 and that the entity is still a going concern for the short and long-term future

Public benefit

Plans for the future period (2024-2025)

Anticipated funding is expected to allow the organisation to continue to deliver its important and dynamic objectives. Yaseen Youth Development plans to acquire new premises in the next financial year due to the closure of its current location. It will continue to deliver Youth Tours, Great Minds, Yaseen Youth Academy, Sports Foundation, and many more activities and programs.

The Trustees confirm that they have referred to the Charity Commission's general guidance on Public Benefit when reviewing and shaping the charity's aims and objectives. It is estimated that there are around four million Muslims living in the United Kingdom, many of whom have been born and raised in the U.K. Yaseen Youth Development LTD aims to provide public benefit by supporting and providing a platform for young people to grow and prosper.

Key management personnel and management structure

The Trustees delegate the day-to-day running of the charity to a CEO and a team of staff and contractors. Administrative tasks were carried out by a professional team of staff members in their respective fields of project management, Finance, marketing, Fundraising, Youth work, and HR.

Page 6 of 16

FINANCIAL REVIEW

The financial statements have been prepared in accordance with the accounting policies set out on page 11 of the attached Financial Statements and comply with applicable laws and requirements of the ‘Accounting and Reporting by Charities: Statement of Recommended Practice’ (SORP) issued by the Charity Commission.

The trustees have identified no material uncertainties that may cast a doubt on the ability of the charity to continue as a going concern.

Income

Total income for the year amounted to £493.7k, a notable increase compared to the previous year’s £457.5k . This rise was primarily driven by a substantial growth in restricted income, which increased from £84.2k to £242.6k , reflecting successful efforts to secure funds tied to specific projects or purposes. However, unrestricted income saw a decline from £373.3k to £251.1k , which may warrant attention to maintain operational flexibility.

Three years’ income trend (£000)

----- Start of picture text -----
2022 2023 2024
493.7
457.5
368.4
----- End of picture text -----

----- Start of picture text -----
Other Income
trading
activities
7%
Donations
and
legacies
Charitable
45%
activities
48%
----- End of picture text -----

Expenditure

Total expenditure for the year increased significantly to £582.8k from £345.7k in the prior year. This rise was driven by:

Raising Funds: Costs increased to £16.3k (2023: £10.6k ), reflecting a greater investment in fundraising activities.

Charitable Activities: Expenditure rose sharply to £566.5k (2023: £335.1k ), consistent with the organisation’s focus on delivering its charitable objectives.

----- Start of picture text -----
Expenditure
Raising
funds
3%
Charitable
activities
97%
----- End of picture text -----

Page 7 of 16

Overspend

The organization recorded an overspend of £89k , which was covered by unspent funds from previous years. While this approach ensures continuity of operations, it also highlights the importance of monitoring cash flow and financial sustainability to avoid depleting reserves further.

Net Assets

Tangible fixed assets

The charity does not have any tangible fixed assets.

Reserve policy

Trustees have agreed on a reserve policy where at least 6 months’ worth of operational expenses will be available at the end of each financial year where possible.

Net assets at year-end stood at £88.3k , compared to £177.3k in the prior year. This decline reflects the impact of the overspend:

Restricted Funds: Reduced to £5.8k (2023: £19.9k ), likely due to the completion of projects or activities tied to specific funding.

Financial risk

The Board of Trustees have the overall responsibility for ensuring the Charity has an appropriate system of controls, financial and otherwise, across the entire organisation in order to provide reasonable assurance that:

The report was approved by the Board of Trustees

Signed by Hisham Bella on behalf of the Bard of Trustees

Date: 14 January 2025

Page 8 of 16

INDEPENDENT EXAMINER’S REPORT TO THE BOARD OF TRUSTEES OF YASEEN YOUTH DEVELOPMENT LTD

Independent examiner's report to the trustees of Yaseen Youth Development Ltd ('the Company')

  1. the accounts do not accord with those records; or

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

  1. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  2. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

Alamgir Hossain, ACCA Date: 15.01.2025

Page 9 of 16

Statement of financial activities (including income and expenditure account) For the year ended 31 March 2024

2024
Restricted
Funds
£
34,900
207,694
-		 2024
Total
£
223,505
238,112
32,121		 2023
Unrestricted
Funds
£
323,356
38,901
11,048		 2023
Restricted
Funds
£
25,000
59,187
-		 2023
Total
£
348,356
98,088
11,048
251,144 242,594 493,738 373,305 84,187 457,492
16,292
309,723		 -
256,742		 #########
16,292
566,465		 10,584
270,809		 -
64,280		 10,584
335,089
326,015 256,742 582,757 281,393 64,280 345,673
(74,871)
-		 (14,148)
-		 - 91,912
-		 19,907
-		 111,819
-
65,018,305
(89,019)
-
(74,871) (14,148) (89,019) 91,912 19,907 111,819
157,407 19,907 177,314 65,495 - 65,495

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

Hisham Bella Trustees

Page 10 of 16

Balance sheet

For the year ended 31 March 2024

Notes
Current assets
Debtors
11
Cash at bank and in hand
Creditors: falling due within one year
12
Net current assets
Creditors: falling due after more than 1 year
Net assets
The funds of the charity:
Unrestricted income funds
14
Restricted income funds
15
Total charity funds		 2024
£
47,044
45,696		 2023
£
6,546
170,768
92,740
(4,445)		 177,314
-
88,295 177,314
- -
88,295 177,314
82,536
5,759		 157,407
19,907
88,295 177,314

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2024.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of Trustees on: 14 January 2025

Hisham Bella

Trustee

Company registration number 10589846 (England and Wales)

Page 11 of 16

Notes to the accounts

For the year ended 31 March 2024

1 Accounting policies

Charity information

YASEEN YOUTH DEVELOPMENT LTD is a private company limited by guarantee incorporated in England and Wales. The registered office is PO Box NW10 7PN, Crown House, Suite 822 North Circular Road, London, England, NW10 7PN, United Kingdom.

1.1 Accounting convention

The financial statements have been prepared in accordance with the 's [governing document], the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The is a Public Benefit Entity as defined by FRS 102.

The has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the . Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the has a reasonable expectation that the has adequate resources to continue in operational existence for the foreseeable future. Thus the continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to 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

Income is recognised when the is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

Page 12 of 16

1.6 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7 Financial instruments

The has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the 's balance sheet when the becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the contractual obligations expire or are discharged or cancelled.

1.8 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.9 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2 Critical accounting estimates and judgements

In the application of the ’s accounting policies, the is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Page 13 of 16

3 Income from donations and legacies

Income from donations and legacies egacies
2024
Unrestricted
£
Donations and gifts
188,605
Government Grants
-
188,605
Income from charitable activities
2024
Unrestricted
£
Activities
Youth Activities & Travel
30,418
30,418
Income from other trading activities
2024
Unrestricted
£
Letting and licensing
arrangements
32,121
32,121		 2024
Unrestricted
£
188,605
-		 2024
Restricted
£
-
34,900		 2024
Total
£
188,605
34,900		 2023
Unrestricted
£
323,356
-		 2023
Restricted
£
-
25,000		 2023
Total
£
323,356
25,000
188,605 34,900 223,505 323,356 25,000 348,356
2024
Restricted
£
207,694		 2024
Total
£
238,112		 2023
Unrestricted
£
38,901		 2023
Restricted
£
59,187		 2023
Total
£
98,088
30,418 207,694 238,112 38,901 59,187 98,088
2024
Restricted
£
-		 2024
Total
£
32,121		 2023
Unrestricted
£
11,048		 2023
Restricted
£
-		 2023
Total
£
11,048
32,121 - 32,121 11,048 - 11,048

4 Income from charitable activities

6 Expenditure on raising funds

Fundraising and publicity
Seeking donations,
grants and legacies		 2024
Unrestricted
£
16,292		 2024
Restricted
£
-		 2024
Total
£
16,292		 2023
Unrestricted
£
10,584		 2023
Restricted
£
-		 2023
Total
£
10,584
16,292 - 16,292 10,584 - 10,584

7 Expenditure on charitable activities

Staff costs
Travel and welfare
Contractors & Volunteers
Rent
Utilities
Repairs & Maintenance
Cleaning
Office expenses
Equipment hire and expense
Event costs
Marketing
Bank fees
Governance		 2024
Unrestricted
£
130,317
4,111
31,517
52,436
-
1,300
2,353
7,389
4,205
56,791
16,720
533
2,051		 2024
Restricted
£
-
256,742
-
-
-
-
-
-
-
-
-
-
-		 2024
Total
£
130,317
260,853
31,517
52,436
-
1,300
2,353
7,389
4,205
56,791
16,720
533
2,051		 2023
Unrestricted
£
92,199
1,403
29,593
29,282
72
1,668
6,895
2,032
3,257
82,155
19,691

230
2,332		 2023
Restricted
£
-
64,280
-
-
-
-
-
-
-
-
-
-
-		 2023
Total
£
92,199
65,683
29,593
29,282
72
1,668
6,895
2,032
3,257
82,155
19,691
230
2,332
309,723 256,742 566,465 270,809 64,280 335,089

Page 14 of 16

8 Staff cost and number of employees

2024

2023

The average monthly numbers of
employees during the year were:
Permanent
Part time
Contractors
Employment costs
Gross Pay
Employer's national insurance
Pension costs		 3
5
3		 3
5
3
2024
£
119,307
9,520
1,490		 2023
£
82,822
7,775
1,602
130,317 92,199

9 Employment costs

The number of employees whose remuneration (wages and employer pension contribution) during the year amounted to over £60,000 was as follows:

2024 2023
Number Number
£60,001-£70,000 0 0

None of the Trustees (or any persons connected with them) received any remuneration or benefits during the yea

10 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

11
Debtors
Amounts falling due within one year:
Trade debtors
12
Creditors: amounts falling due within one year
Other creditors		 2024
£
47,044		 2023
£
6,546
47,044 6,546
2024
£
4,445		 2023
£
-
4,445 -

13 Retirement benefit schemes

Defined contribution schemes

The operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the in an independently administered fund.

The charge to profit or loss in respect of defined contribution schemes was £1,490 (2023: £1,602)

14 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

General funds At 1 April
2023
£
157,407		 Incoming
resources
£
251,144		 Resources
expended
£
(326,015)		 At 31 March
2024
£
82,536
157,407 251,144 (326,015) 82,536

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Previous year:
General funds		 At 1 April
2022
£
65,495		 Incoming
resources
£
373,305		 Resources
expended
£
(281,393)		 At 31 March
2023
£
157,407
65,495 373,305 (281,393) 157,407

15 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

Restricted funds
Previous year:
16
Analysis of net assets between funds
Fund balances at 31 March 2024 are represented by:
Current assets/(liabilities)
Fund balances at 31 March 2023 are represented by:
Current assets/(liabilities)		 At 1 April
2023
£
19,907		 Incoming
resources
£
242,594		 Resources
expended
£
(256,742)		 At 31 March
2024
£
5,759
19,907 242,594 (256,742) 5,759
At 1 April
2022
£
-		 Incoming
resources
£
84,187		 Resources
expended
£
(64,280)		 At 31 March
2023
£
19,907
- 84,187 (64,280) 19,907
Unrestricted
Funds
2024
£
82,536		 Restricted
Funds
2024
£
5,759		 Total
Funds
2024
£
88,295
82,536 5,759 88,295
Unrestricted
Funds
2023
£
157,407		 Restricted
Funds
2023
£
19,907		 Total
Funds
2023
£
177,314
157,407 19,907 177,314

17 Related party transactions

There were no disclosable related party transactions during the year (2023 - none).

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