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2024-03-31-accounts

Charity registration number: 1201443

Yuvanis Foundation

Annual Report and Financial Statements for the Period 23 December 2022 to 31 March 2024

Yuvanis Foundation

Contents (continued)

Contents (continued)
Reference and Administrative Details 1
Trustees' Report 2 to 5
Statement of Trustees' Responsibilities 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9
Notes to the Financial Statements 10 to 18

Yuvanis Foundation

Reference and Administrative Details

Chairman

Zahir Ahmad

Trustees

Shakeel Mohibur Rahman Mohammed Sadique Hussain Mashuda Hussain Charity Registration Number

1201443

Principal Office

Chadderton L & D Centre Middleton Road Oldham OL9 6JN

Independent Examiner

Saifur Rahman (FCCA) Rahman Accountants Limited 13 Cotswold Drive Royton Oldham OL2 5HD

Page 1

Yuvanis Foundation

Trustees' Report

The trustees present the annual report together with the financial statements of the charity for the period 23 December 2022 to 31 March 2024.

Objectives and activities

Objects and aims

As stated in our constitution, Yuvanis Foundation acts as a resource for people of Asian, African and Caribbean origin who reside in Oldham and Greater Manchester, affected by racial, cultural, social, and health inequalities through:

a) Providing and facilitating the provision of community participation in healthy recreation and leisure time activities for people of all ages, in particular, but not exclusively, through sports, provided in the interest of social welfare designed to improve their conditions in life;

b) Providing support and activities which develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals;

c) Providing self-development opportunities to build self-esteem and confidence through activities such as workshops and trainings;

d) Providing advice and support from fully trained staff/volunteers and signpost to specialised organisations where appropriate.

We also help young people, especially but not exclusively through leisure time activities, so as to develop their capabilities that they may grow to full maturity as individuals and members of society.

Public benefit

Yuvanis Foundation supports all sections of the BME community of Oldham and Greater Manchester to improve their physical and mental health, enrich their skills, reach their potential, and influence change. We do this through programmes and activities that engage, encourage and empower throughout the process of planning and delivery of community activities.

Physical Health - Engaging people in a range of different physical activities that are suited for different competency levels and are culturally appropriate.

Mental Wellbeing - Encouraging people to improve their mental health and better their conditions through informal, formal and peer-led support.

Personal Development - Empowering people into new and challenging environments enabling them to develop and learn new skills for their own development and for the development of their community.

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Financial review

Policy on reserves

Reserves are needed to build the sustainability and viability of Yuvanis Foundation, to bridge the gap between the receipt and spending of income and cover unanticipated expenditure. The Board of Trustees’ examination of the charity’s need for reserves concludes that to allow the protection of current activities, the meeting of day-today responsibilities and the building of sustainability and viability of Yuvanis Foundation, a sum is needed. The Trustees consider that the level of unrestricted reserves stands at £15,000 and restricted reserves stand at £7,000. The Trustees wish to increase total reserves to at least £35,000 in the 2023-24 financial year to cover three months of committed annual costs. The Trustees review the reserves policy every year.

Page 2

Yuvanis Foundation

Trustees' Report (continued)

Principal funding sources

Our principal funding sources remain as grant income, but the percentage of donations is increasing steadily. We have not yet been able focus more on income generation due to our lack in staffing capacity. Nevertheless, we are pleased to have seen some income in the way of donations.

In the financial year ending 31 March 2023, the following grant-making organisations have generously supported our work:

• The Arnold Clark Community Fund

We would like to thank the following organisations for their in-kind support and donations:

Going concern

The trustees have not identified any uncertainties about the charity continuing as a going concern.

Structure, governance and management

Nature of governing document

Yuvanis Foundation is a Charitable Incorporated Organisation (CIO) with the registered number 1201443. We are governed by a constitution that establishes the objectives and powers of the organisation.

Trustees recognise the importance of good governance as fundamental to the success of Yuvanis Foundation, promoting a culture where everyone works towards fulfilling the Charity’s vision and supporting compliance with relevant law and regulation. Trustees regularly review the governance and management of the Charity and have this year started to apply the principles of the Charity Governance Code as appropriate to the structure and operations of the Charity.

Page 3

Yuvanis Foundation

Trustees' Report (continued)

Recruitment and appointment of trustees

Existing trustees elect new Trustees at any point in the year, and there are no restrictions on who can be nominated. New Trustees are supported through mentorship and an induction process which includes details of their responsibilities, Charity Commission publications and the governing document. Apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees.

All Trustees are encouraged to meet Yuvanis Foundation’s volunteers and beneficiaries. All Trustees give their time freely and are reimbursed for out-of-pocket expenses. Trustees are encouraged to disclose all relevant interests and register them with the CEO and withdraw for decisions where a conflict of interest may arise. It is a priority for the Board to appoint new Trustees in the Financial Year 2025-26.

Organisational structure

Board of Trustees meet at least four times per year and are responsible for the organisation’s governance as set out in, but not limited to, the constitution. Decisions on the organisation’s day to day running are taken by the Chief Executive and senior management team. The Board receives regular reports from the Executive. Decisions and matters with significant implications on the organisation are brought to the Board. These include:

Major risks and management of those risks

Safeguarding

Safeguarding remains a risk that we monitor very closely due to the nature of our work. Safeguarding remains a risk that we monitor very closely due to the nature of our work. In the past year, we implemented areas for development as identified in last year’s NSPCC consultancy. We have also created a brand new policy and procedure set for online and digital youth engagement. Staff, Trustees and those we work with are regularly trained and reminded of their duties. We will continue to prioritise safeguarding development. DBS checks are carried out for all management or delivery positions and those who regularly work with children and vulnerable adults. Our staff handbook contains a code of conduct relating to safeguarding and Trustees discuss safeguarding at every board meeting. We have not had any safeguarding concerns raised in the past year.

Health & Safety

Procedures are in place to ensure compliance with health and safety regulations, particularly COVID-secure guidelines. All colleagues are advised to comply with media law to minimise any risk within our magazine and content publications. The risk of cyber-attacks has been raised by the Charity Commission and National Cyber Security Centre. Trustees are mindful of the risks associated with cyber-attacks, and plans are in place to mitigate and respond to these risks with system security, data protection and insurance cover.

Financial instruments

Objectives and policies

The charity’s activities expose it to a number of financial risks including credit risk, cash flow risk and liquidity risk. The use of financial derivatives is governed by the charity’s policies approved by the board of trustees, which provide written principles on the use of financial derivatives to manage these risks. The charity does not use derivative financial instruments for speculative purposes.

Page 4

Yuvanis Foundation

Trustees' Report (continued)

Cash flow risk

The charity’s activities expose it primarily to the financial risks of changes in foreign currency exchange rates and interest rates. The charity uses foreign exchange forward contracts and interest rate swap contracts to hedge these exposures.

Interest bearing assets and liabilities are held at fixed rate to ensure certainty of cash flows.

Credit risk

The charity’s principal financial assets are bank balances and cash, trade and other receivables, and investments. The charity’s credit risk is primarily attributable to its trade receivables. The amounts presented in the balance sheet are net of allowances for doubtful receivables. An allowance for impairment is made where there is an identified loss event which, based on previous experience, is evidence of a reduction in the recoverability of the cash flows.

The credit risk on liquid funds and derivative financial instruments is limited because the counterparties are banks with high credit-ratings assigned by international credit-rating agencies.

The charity has no significant concentration of credit risk, with exposure spread over a large number of counterparties and customers.

Liquidity risk

In order to maintain liquidity to ensure that sufficient funds are available for ongoing operations and future developments, the charity uses a mixture of long-term and short-term debt finance.

Further details regarding liquidity risk can be found in the Statement of accounting policies in the financial statements.

The annual report was approved by the trustees of the charity on 29 December 2024 and signed on its behalf by:

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.........................................
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......................................... Zahir Ahmad Chairman ......................................... Mashuda Hussain Trustee

Page 5

Yuvanis Foundation

Statement of Trustees' Responsibilities

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

The law applicable to charities requires the trustees to prepare financial statements for each financial 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 these 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 enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Approved by the trustees of the charity on 29 December 2024 and signed on its behalf by:

......................................... Zahir Ahmad Chairman

......................................... Mashuda Hussain Trustee

Page 6

Yuvanis Foundation

Independent Examiner's Report to the trustees of Yuvanis Foundation

I report to the trustees on my examination of the accounts of Yuvanis Foundation for the period 23 December 2022 to 31 March 2024.

Responsibilities and basis of report

As the charity trustees of Yuvanis Foundation you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Yuvanis Foundation's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

Since Yuvanis Foundation's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ACCA, which is one of the listed bodies.

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

  1. accounting records were not kept in respect of Yuvanis Foundation as required by section 130 of the Act; or

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

  3. the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

...................................... Saifur Rahman ACCA

Rahman Accountants Limited 13 Cotswold Drive Royton Oldham OL2 5HD

29 December 2024

Page 7

Yuvanis Foundation

Statement of Financial Activities for the Period 23 December 2022 to 31 March 2024

Unrestricted
Total
funds
Restricted funds
2024
Note £
£
£
Income and Endowments from:
Donations and legacies
16		 3,049
334,059
337,108
Other tradingactivities 1,156
-
1,156
Total income
4,205
334,059
338,264
Expenditure on:
Charitable activities (560)
(197,269)
(197,829)
Other expenditure
6		 (2,846)
(37,053)
(39,899)
Total expenditure
(3,406)
(234,322)
(237,728)
Net income
799
99,737
100,536
Net movement in funds
799
99,737
100,536
Reconciliation of funds
Total funds brought forward
7,109
102,733
109,842
Total funds carried forward
12
7,908
202,470
210,378
Unrestricted
Total
funds
Restricted funds
2022
Note £
£
£
Income and Endowments from:
Donations and legacies 226
127,550
127,776
Total income
226
127,550
127,776
Expenditure on:
Charitable activities -
(24,723)
(24,723)
Other expenditure
6		 (129)
(23,323)
(23,452)
Total expenditure
(129)
(48,046)
(48,175)
Net income
97
79,504
79,601
Net movement in funds
97
79,504
79,601
Reconciliation of funds
Total funds brought forward
7,012
23,229
30,241
Total funds carried forward
12
7,109
102,733
109,842

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2022 is shown in note 12.

The notes on pages 10 to 17 form an integral part of these financial statements. Page 8

Yuvanis Foundation

(Registration number: 1201443) Balance Sheet as at 31 March 2024

2024
2022
Note £
£
Fixed assets
Tangible assets
10		 11,048
9,074
Current assets
Cash at bank and in hand
11		 199,329
100,767
Creditors: Amounts falling due within oneyear
-
-
Net currentassets
199,329
100,767
Netassets
210,377
109,841
Funds of the charity:
Restricted income funds
Restricted funds 202,470
102,147
Unrestricted income funds
Unrestricted funds 7,907
7,694
Total funds
12
210,377
109,841

The financial statements on pages 8 to 17 were approved by the trustees, and authorised for issue on 29 December 2024 and signed on their behalf by:

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.........................................
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......................................... Zahir Ahmad Chairman ......................................... Mashuda Hussain Trustee

The notes on pages 10 to 17 form an integral part of these financial statements. Page 9

Yuvanis Foundation

Notes to the Financial Statements for the Period 23 December 2023 to 31 March 2024

1 Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Basis of preparation

Yuvanis Foundation meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donations and legacies

Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Page 10

Yuvanis Foundation

Notes to the Financial Statements for the Period 23 December 2023 to 31 March 2024 (continued)

Support costs

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.

Government grants

Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets costing £0.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

Page 11

Yuvanis Foundation

Notes to the Financial Statements for the Period 23 December 2023 to 31 March 2024 (continued)

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Financial instruments

Classification

Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.

Recognition and measurement

All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.

Page 12

Yuvanis Foundation

Notes to the Financial Statements for the Period 23 December 2023 to 31 March 2024 (continued)

Debt instruments

Debt instruments which meet the following conditions are subsequently measured at amortised cost using the effective interest method:

(a) The contractual return to the holder is (i) a fixed amount; (ii) a positive fixed rate or a positive variable rate; or (iii) a combination of a positive or a negative fixed rate and a positive variable rate.

(b) The contract may provide for repayments of the principal or the return to the holder (but not both) to be linked to a single relevant observable index of general price inflation of the currency in which the debt instrument is denominated, provided such links are not leveraged.

(c) The contract may provide for a determinable variation of the return to the holder during the life of the instrument, provided that (i) the new rate satisfies condition (a) and the variation is not contingent on future events other than (1) a change of a contractual variable rate; (2) to protect the holder against credit deterioration of the issuer; (3) changes in levies applied by a central bank or arising from changes in relevant taxation or law; or (ii) the new rate is a market rate of interest and satisfies condition (a).

(d) There is no contractual provision that could, by its terms, result in the holder losing the principal amount or any interest attributable to the current period or prior periods.

(e) Contractual provisions that permit the issuer to prepay a debt instrument or permit the holder to put it back to the issuer before maturity are not contingent on future events, other than to protect the holder against the credit deterioration of the issuer or a change in control of the issuer, or to protect the holder or issuer against changes in levies applied by a central bank or arising from changes in relevant taxation or law.

(f) Contractual provisions may permit the extension of the term of the debt instrument, provided that the return to the holder and any other contractual provisions applicable during the extended term satisfy the conditions of paragraphs (a) to (c).

Debt instruments that are classified as payable or receivable within one year on initial recognition and which meet the above conditions are measured at the undiscounted amount of the cash or other consideration expected to be paid or received, net of impairment.

With the exception of some hedging instruments, other debt instruments not meeting these conditions are measured at fair value through profit or loss.

Commitments to make and receive loans which meet the conditions mentioned above are measured at cost (which may be nil) less impairment.

Investments

Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through profit or loss. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

Investments in subsidiaries and associates are measured at cost less impairment. For investments in subsidiaries acquired for consideration including the issue of shares qualifying for merger relief, cost is measured by reference to the nominal value of the shares issued plus fair value of other consideration. Any premium is ignored.

Page 13

Yuvanis Foundation

Notes to the Financial Statements for the Period 23 December 2023 to 31 March 2024 (continued)

Derivative financial instruments

The charity uses derivative financial instruments to reduce exposure to foreign exchange risk and interest rate movements. The charity does not hold or issue derivative financial instruments for speculative purposes.

Derivatives are initially recognised at fair value at the date a derivative contract is entered into and are subsequently remeasured to their fair value at each reporting date. The resulting gain or loss is recognised in statement of financial activities immediately unless the derivative is designated and effective as a hedging instrument, in which event the timing of the recognition in statement of financial activities depends on the nature of the hedge relationship.

Fair value measurement

The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are unavailable, the price of a recent transaction for an identical asset provides evidence of fair value as long as there has not been a significant change in economic circumstances or a significant lapse of time since the transaction took place. If the market is not active and recent transactions of an identical asset on their own are not a good estimate of fair value, the fair value is estimated by using a valuation technique.

2
Income from donations and legacies
Unrestricted
funds Restricted Total
General funds funds
£ £ £
Donations and legacies;
Donations from companies, trusts and similar proceeds 3,049 - 3,049
Grants, including capital grants;
Governmentgrants - 334,059 334,059
Total for 2024 3,049 334,059 337,108
Total for 2022 226 127,550 127,776

3 Income from other trading activities

3
Income from other trading activities
Unrestricted
funds
Total
General
funds
£
£
Other income from other tradingactivities 1,156
1,156
Total for 2024
1,156
1,156

Page 14

Yuvanis Foundation

Notes to the Financial Statements for the Period 23 December 2023 to 31 March 2024 (continued)

4
Expenditure on raising funds
Total
costs
£
5
Expenditure on charitable activities
Unrestricted
funds
Restricted
Total
General
funds
funds
Note £
£
£
-
156,034
156,034
Total for 2022
-
24,723
24,723
Total
expenditure

£
6
Other expenditure
Unrestricted
funds
Restricted
Total
General
funds
funds
Note £
£
£
Allocated support costs 2,830
35,560
38,390
Total for 2024
2,830
35,560
38,390
Total for 2022
130
23,323
23,453

7 Net incoming/outgoing resources

Net incoming resources for the year include:

Page 15

Yuvanis Foundation

Notes to the Financial Statements for the Period 23 December 2022 to 31 March 2024 (continued)

2024 £

8 Trustees remuneration and expenses

9 Taxation

The charity is a registered charity and is therefore exempt from taxation.

10 Tangible fixed assets

10
Tangible fixed assets
Furniture and
equipment
Total

£
£
Cost
At 23 December 2022 11,343
11,343
Additions 5,303
5,303
At 31 March 2024 16,646
16,646
Depreciation
Charge for theyear 5,598
5,598
At 31 March 2024 5,598
5,598
Net book value
At 31 March 2024 11,048
11,048
At 23 December 2022 11,343
11,343
11
Cash and cash equivalents
2024
2022
£
£
Cash at bank 199,329
100,767
12
Funds
Balance at 23
Incoming
Resources
Balance at 31
December 2022
resources
expended
March 2024
£
£

£
£
Unrestricted funds
General
7,109
4,205
(3,406)
7,908
Restricted funds
102,733
334,059
(234,322)
202,470
Total funds
109,842
338,264
(237,728)
210,378

Page 16

Yuvanis Foundation

Notes to the Financial Statements for the Period 23 December 2022 to 31 March 2024 (continued)

Balance at 1 Incoming Resources Balance at 22
April 2022 resources expended December 2022
£ £ £ £
Unrestricted funds
General 7,012 226 (129) 7,109
Restricted funds 23,229 127,550 (48,046) 102,733
Total funds 30,241 127,776 (48,175) 109,842

13 Analysis of net assets between funds

Unrestricted
Total funds at 31		 Unrestricted
Total funds at 31
funds March
General 2024
£ £
Tangible fixed assets 11,048 11,048
Current assets 199,329 199,329
Total net assets 210,377 210,377
Unrestricted
Total funds at 22
funds December
General 2022
£ £
Tangible fixed assets 9,074 9,074
Current assets 100,767 100,767
Current liabilities - -
Total net assets 109,841 109,841
14
Analysis of net funds
At 23 December At 31 March
2022 2024
£ £
Cash at bank and in hand 100,767 199,329
Net debt 100,767 199,329
At 22 December
At 1 April 2022 2022
£ £
Cash at bank and in hand 26,367 100,767
Net debt 26,367 100,767
15
Related party transactions

Page 17

16 Grant Fund Analysis

Youth Futures Foundation 73,305
Oldham Metropolitan Borough Council 37,626
Postcode Neighbourhood Trust 25,000
National Lottery Community Fund 23,265
The Clothworkers Foundation
20,000
GM Environmental Fund
17,947
Others 136,916
Total
334,059

Page 18

Yuvanis Foundation

Statement of Financial Activities by fund for the Period 23 December 2022 to 31 March 2024

Total
Total
Unrestricted
Unrestricted
Funds
Funds
2024
2022
£
£
Income and Endowments from:
Donations and legacies 3,049
226
Other tradingactivities 1,156
-
Total income
4,205
226
Expenditure on:
Charitable activities (560)
-
Other expenditure (2,846)
(129)
Total expenditure
(3,406)
(129)
Net income
799
97
Net movement in funds
799
97
Reconciliation of funds
Total funds brought forward
7,109
7,012
Total funds carried forward
7,908
7,109

This page does not form part of the statutory financial statements. Page 19

Yuvanis Foundation

Statement of Financial Activities by fund for the Period 23 December 2022 to 31 March 2024 (continued)

Total
Total
Restricted
Restricted
Funds
Funds
2024
2022
£
£
Income and Endowments from:
Donations and legacies 334,059
127,550
Total income
334,059
127,550
Expenditure on:
Charitable activities (197,365)
(24,723)
Other expenditure (36,957)
(23,323)
Total expenditure
(234,322)
(48,046)
Net income
99,737
79,504
Net movement in funds
99,737
79,504
Reconciliation of funds
Total funds brought forward
102,733
23,229
Total funds carried forward
202,470
102,733

This page does not form part of the statutory financial statements. Page 20

Yuvanis Foundation

Detailed Statement of Financial Activities for the Period 23 December 2022 to 31 March 2024

Total
Total
2024
2022
£
£
Income and Endowments from:
Donations and legacies (analysed below) 337,108
127,776
Other tradingactivities(analysed below) 1,156
-
Total income
338,264
127,776
Expenditure on:
Charitable activities (analysed below) (197,925)
(24,723)
Other expenditure(analysed below) (39,803)
(23,452)
Total expenditure
(237,728)
(48,175)
Net income
100,536
79,601
Net movement in funds
100,536
79,601
Reconciliation of funds
Total funds brought forward
109,842
30,241
Total funds carried forward
210,378
109,842

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Yuvanis Foundation

Detailed Statement of Financial Activities for the Period 23 December 2022 to 31 March 2024 (continued)

Total
Total
2024
2022
£
£
Donations and legacies
Appeals and donations 3,049
226
Grants 334,059
127,550
337,108
127,776
Other trading activities
Fees and supplies 1,118
-
Other income 38
-
1,156
-
Charitable activities
Project Expenses (197,829)
(24,723)
(197,829)
(24,723)
Other expenditure
Building repairs
(29,699)
(19,997)
Volunteer expenses -
(251)
Insurance (409)
(451)
Repairs and maintenance (1,124)
-
Telephone and fax (822)
(102)
Computer software and maintenance costs (1,606)
-
Trade subscriptions (373)
-
Motor expenses (15)
-
Advertising (1,960)
(324)
Accountancy fees (500)
-
Bank charges (62)
(58)
Depreciation of plant and machinery (1,494)
(1,494)
Depreciation of fixtures and fittings (1,835)
(775)
(39,899)
(23,452)

This page does not form part of the statutory financial statements. Page 22